Report Summary 1. Report Industry Investment Ratings No industry investment ratings are provided in the report. 2. Core Views - **Carbonate Lithium**: The price of carbonate lithium futures remains strong. Despite a significant pullback in the market yesterday due to profit - taking by high - position funds and stricter exchange supervision, the overall fundamental trend remains upward. The supply is expected to contract in the short term, and the demand is "not weak in the off - season", supporting the strong operation of the futures price [1]. - **Polysilicon**: The polysilicon futures are oscillating at a high level. The production of leading polysilicon enterprises has been fully shut down, and some enterprises have followed suit to reduce production. High inventory is suppressing the price, and the spot price has been continuously declining. However, manufacturers still have profits [7]. - **Industrial Silicon**: The industrial silicon futures are oscillating in a narrow range. It is currently in the (8500 - 9100) oscillation range. The demand side remains weak, and the key is to focus on whether the large - scale production reduction plan on the supply side can be implemented. If implemented, it may break through the oscillation range upward [16]. 3. Summary by Related Catalogs Carbonate Lithium - **Market Trend**: The main 2605 contract of carbonate lithium futures rose 8.40% compared with the previous trading day's closing price, reaching 179,600 yuan/ton [1]. - **Core Logic**: The supply is expected to contract due to the delayed resumption of lithium mines in Jiangxi and the annual maintenance plan of some lithium salt plants. The weekly inventory continued to decline last Thursday, and the demand is "not weak in the off - season" [1]. - **Technical Analysis**: The 5 - minute and overnight 2 - hour cycles of the main 2605 contract are showing strong signals, with the long - short dividing water level at 160,500 yuan/ton [1]. - **Strategy Recommendation**: Maintain the idea of buying on dips. Look for good entry positions according to the "First K Breakthrough Method" or "Three - Line Resonance Method" intraday [1]. - **Concerns**: Whether there is an upgrade in supervision, the resumption progress of Jiaxiaowo, and the production arrangement on the demand side [2] Polysilicon - **Market Trend**: The main 2605 contract of polysilicon futures rose 1.21% compared with the previous trading day's closing price, reaching 51,900 yuan/ton [7]. - **Core Logic**: Leading enterprises have shut down production, and some have reduced production. High inventory is suppressing the price, and the spot price is declining. The full cost is about 44,000 yuan/ton, and manufacturers still have profits [7][9]. - **Technical Analysis**: The 5 - minute and overnight 2 - hour cycles of the 2605 contract are showing strong signals, with the long - short dividing water level at 48,885 yuan/ton [9]. - **Strategy Recommendation**: It may oscillate weakly [10]. - **Concerns**: The latest quotation of silicon material enterprises to downstream [11] Industrial Silicon - **Market Trend**: The 2605 contract of industrial silicon futures fell 0.62% compared with the previous trading day's closing price, reaching 8,860 yuan/ton [16]. - **Core Logic**: It is in the (8500 - 9100) oscillation range. If the production reduction plan of Hesheng Silicon Industry is implemented, the monthly production reduction will reach 65,000 tons, accounting for about 16% of the total output, which will have a greater impact on the short - term supply side. The demand side remains weak [16]. - **Technical Analysis**: The 5 - minute cycle of the 2605 contract is a red line, red band, and green ladder, and the overnight 2 - hour cycle is a strong red ladder line, with the long - short dividing water level at 8,650 yuan/ton [16]. - **Strategy Recommendation**: Pay attention to the implementation of production reduction in the short term, operate after breaking through the range, and wait and see within the range. Intraday operations can refer to the Band Winner indicator [16]. - **Concerns**: Whether the large - scale production reduction plan can be implemented [17]

Summary of Industry and Company Insights Industry Overview: Petrochemical and Chemical Sector Key Insights - The petrochemical industry saw a significant increase in holding proportion to 0.6% in Q4 2025, up from 0.35% in Q3 2025, indicating rising market interest, particularly in upstream companies like Jereh, the "Three Barrels of Oil," and Baofeng [3][1] - Some petrochemical product prices, including benzene, PX, styrene, and ethylene glycol, have rebounded due to supply-side disruptions such as maintenance and unplanned shutdowns, despite current demand being in a low season [5][1] - The chemical industry’s active public fund allocation increased by 0.6% in Q4 2025, yet it remains under-allocated, suggesting significant future growth potential [7][1] Future Outlook - 2026 is anticipated to be a turning point for the chemical industry due to declining capital expenditures, near-zero capacity growth in most sub-industries, and restrictions from dual carbon policies on new project expansions [8][1] - The IMF's upward revision of global economic growth expectations is expected to boost chemical demand, particularly in emerging sectors like energy storage, robotics, AI, and commercial aerospace [9][1] Regulatory Impact - The dual carbon policy will significantly restrict new project expansions, requiring carbon emission evaluations as a prerequisite for project approvals. This is expected to pose challenges for new projects until 2027 [10][1] Sub-Industry Insights Polyurethane, PTA, and Polyester Filament - Polyurethane prices have recently adjusted but are expected to rise during the peak season from March to May. Limited capacity growth in PTA and polyester filament, along with high operating rates, is driving gradual improvements in market conditions [4][1][13][1] Potash and Refrigerants - Potash prices have steadily increased to around 3,000 CNY, with tight supply conditions expected to persist due to rising global consumption. The refrigerant market is stable but anticipated to rise as the peak season approaches, with significant price potential for mainstream refrigerants [16][1] Market Dynamics - The chemical and non-ferrous metal industries face supply constraints, with slow resource expansion potentially leading to long-term price increases. The dual carbon policy may similarly impact chemical products, creating a scenario of constrained supply against growing demand [11][1] Investment Recommendations - Focus on companies like Baofeng, Weixing, and private refining firms as key investment targets in the cyclical sector. Additionally, consider investment opportunities in companies like Xin'an and Hesheng Silicon Industry in the silicon chemical sector, and in potassium fertilizer companies like Yajiang International and Salt Lake Co. [6][1][14][1][16][1] Conclusion - The petrochemical and chemical industries are poised for significant changes driven by market dynamics, regulatory impacts, and evolving demand patterns. Investors should remain vigilant and consider strategic allocations in identified growth areas while monitoring policy developments and market trends.

Report Summary 1. Report Industry Investment Ratings No investment ratings for the industry are provided in the report. 2. Core Views - **Carbonate Lithium**: The current fundamentals of carbonate lithium remain strong. Despite being in the off - season for downstream demand, the weekly inventory data continues to show a de - stocking pattern, supporting the futures price. However, the price has large fluctuations as it reaches higher levels [1]. - **Polysilicon**: The morning's sharp rise in polysilicon futures was mainly affected by the macro - emotional aspect. With the implementation of production cuts by leading enterprises, a decline in production is expected in January. Factory inventories have increased, and the expected prices of manufacturers and downstream users are weakening [4][7]. - **Industrial Silicon**: The industrial silicon futures are in an oscillating range. The demand side remains weak, and the key factor for future price movement is whether the production cut plans of large - scale manufacturers can be implemented [12]. 3. Summary by Category Carbonate Lithium - **Market Trend**: The futures price of carbonate lithium opened high and closed low today. The main 2605 contract fell 8.73% compared to the previous trading day's closing price, reaching 165,680 yuan/ton [1]. - **Core Logic**: In the short - term, the supply side has unexpectedly contracted. The resumption of production of 8 lithium - mining enterprises in Yichun, Jiangxi has been repeatedly delayed, and lithium salt plants have regular annual maintenance. Even in the off - season, the inventory is decreasing, supporting the futures price [1]. - **Technical Analysis**: It is currently controlled by bulls, with a significant decrease in intraday positions. The 5 - minute cycle of the main 2605 contract shows a green line, green band, and green ladder, while the overnight 2 - hour cycle has a strong red ladder line. The long - short dividing water level is 147,260 yuan/ton [1]. - **Strategy Suggestion**: Maintain the strategy of buying on dips. Due to the large price fluctuations, operate with caution. Use the "First K Breakthrough Method" or "Three - Line Resonance Method" to find entry points, and follow the 8:30 morning live - broadcast for specific operations [1]. - **Concerns**: Regulatory upgrades, the resumption progress of Jiaxiawo, and the production scheduling of the demand side [2] Polysilicon - **Market Trend**: The polysilicon futures oscillated today. The main 2605 contract rose 1.10% compared to the previous trading day's closing price, reaching 51,280 yuan/ton [4]. - **Core Logic**: The morning's sharp rise was due to the macro - emotional aspect as domestic commodities generally rose. Leading polysilicon enterprises have implemented production cuts, and it is expected that the output in January will drop to around 90,000 tons. The increase in downstream component output is limited, and the factory inventory has increased this week [4][7]. - **Technical Analysis**: The 5 - minute cycle of the 2605 contract shows a green line, blue band, and green ladder, and the overnight 2 - hour cycle has a strong red ladder line. The long - short dividing water level is 48,885 yuan/ton [7]. - **Strategy Suggestion**: It may oscillate weakly [8]. - **Concerns**: The latest quotes of silicon material enterprises to downstream users [9] Industrial Silicon - **Market Trend**: The industrial silicon futures oscillated today. The 2605 contract rose 1.08% compared to the previous trading day's closing price, reaching 8,915 yuan/ton [12]. - **Core Logic**: It is currently in the oscillating range of (8,500 - 9,100). The demand side remains weak. If the production cut plan of Hesheng Silicon Industry is implemented, it will have a large impact on the short - term supply side [12]. - **Technical Analysis**: It is controlled by bulls, with a significant increase in today's positions. The 5 - minute cycle of the 2605 contract shows a green line, red band, and green ladder, and the overnight 2 - hour cycle has a strong red ladder line. The long - short dividing water level is 8,650 yuan/ton [12]. - **Strategy Suggestion**: In the short - term, focus on whether the production cut plan is implemented. Operate after breaking through the range and observe within the range. Refer to the Band Winner indicator during the 8:30 morning live - broadcast for intraday operations [12]. - **Concerns**: Whether the production cut plans of large - scale manufacturers can be implemented [13]

1. Report Industry Investment Rating - No information provided in the report 2. Core Viewpoints of the Report - **Industrial Silicon**: The supply of industrial silicon has decreased slightly, but due to weak downstream demand, market activity is limited. It is expected that the price of industrial silicon still has room to decline. Suggest considering shorting opportunities for si2605, buying put options, or implementing an arbitrage strategy of shorting industrial silicon and going long on polysilicon [11]. - **Polysilicon**: The polysilicon market shows a situation of having prices but no trading. Although some production enterprises have reduced supply, inventory consumption is limited, and the effect of supply - demand adjustment has not yet appeared. Future price trends still depend on the improvement of supply - demand balance and industry policy orientation. Suggest considering long opportunities for PS2605, or implementing an arbitrage strategy of shorting industrial silicon and going long on polysilicon [13]. 3. Summary by Relevant Catalogs 3.1 Week - ly Views and Hot News 3.1.1 Hot News - From April 1, 2026, the VAT export tax rebate for photovoltaic and other products will be cancelled. From April 1, 2026, to December 31, 2026, the VAT export tax rebate rate for battery products will be reduced from 9% to 6%, and from January 1, 2027, the VAT export tax rebate for battery products will be cancelled [8]. - A rumored meeting minutes show that on January 6, the State Administration for Market Regulation约谈ed relevant units in the photovoltaic industry, mainly involving issues such as monopoly risks and rectification requirements. It is speculated that the limit - down of the polysilicon futures was affected by this [8]. - On December 26, 2025, the State Administration for Market Regulation carried out compliance guidance on price competition in the photovoltaic industry in Hefei, Anhui, pointing out the "involution - style" competition problems in the industry [8]. - On December 24, 2025, the Guangzhou Futures Exchange announced the addition of several polysilicon futures delivery warehouses [8]. - On December 23, 2025, the Guangzhou Futures Exchange restricted the single - day opening volume of non - futures company members or clients in polysilicon futures contracts [8]. 3.1.2 Industrial Silicon Weekly View - **Market Review**: From January 16 - 23, 2026, the industrial silicon spot price remained stable, with the benchmark spot price at 8,802 yuan/ton on January 23. The futures price of the main contract declined, with a weekly decline of 2.50%, and the latest transaction price was 8,820 yuan/ton, and the current position was about 231,400 lots [11]. - **Supply**: In the southwest region, only a few manufacturers are operating, with low production. In Xinjiang, production is stable; in Inner Mongolia, some manufacturers have reduced production; in Shaanxi, some manufacturers have resumed production [11]. - **Demand**: In January, the polysilicon output continued to decline, and the industry's operating rate decreased. The silicone industry was affected by the cancellation of export tax rebates, and the aluminum rod output decreased, with general demand for industrial silicon [11]. - **Cost, Profit, and Inventory**: The production cost of industrial silicon decreased slightly this week, mainly due to the decline in silicon coal prices. Profits increased slightly, and the inventory remained at a high level [11]. - **Outlook and Strategy**: It is expected that the price of industrial silicon will still decline. Suggest shorting si2605, buying put options, or implementing an arbitrage strategy [11]. 3.1.3 Polysilicon Weekly View - **Market Review**: From January 16 - 23, 2026, the polysilicon spot price fluctuated downward, with the benchmark spot price at 50,505 yuan/ton on January 23. The futures price of the main contract declined, with a weekly decline of 2.14%, and the current position was about 46,200 lots [13]. - **Supply**: In January 2026, the polysilicon output continued to decline, and most enterprises were operating at reduced loads. It is expected that the domestic polysilicon output in January will be about 95,000 tons [13]. - **Demand**: Although the downstream demand schedule has increased compared with the initial forecast of the month, it is still declining month - on - month. The demand in the energy storage field is expected to be optimistic, but the power battery is in the off - season, and the procurement demand is restricted [13]. - **Cost, Profit, and Inventory**: This week, the cost increased, and the profit decreased significantly. The inventory showed a "high - level fluctuation" characteristic, and the overall inventory continued to accumulate [13]. - **Outlook and Strategy**: The polysilicon market shows a situation of having prices but no trading. Future price trends depend on supply - demand balance and policies. Suggest going long on PS2605 or implementing an arbitrage strategy [13]. 3.2 Industry Pattern - The industrial silicon industry chain includes raw materials such as petroleum coke, charcoal, etc. The products are mainly used in organic silicon, polysilicon, and aluminum alloy industries, and are further applied in various fields such as electronics, construction, and new energy [19]. 3.3 Spot and Futures Market - The report provides multiple charts of industrial silicon spot prices (including different grades and regions) and futures contract prices (including continuous contracts and active contracts) [23][33][41] 3.4 Inventory - The report provides multiple charts of industrial silicon inventory, including industry inventory, factory inventory, market inventory, and futures inventory [52][56] 3.5 Cost and Profit - **Profit and Cost**: The report provides charts of the comprehensive profit and cost of industrial silicon [63] - **Main Production Area Electricity Prices**: Charts of electricity prices in main industrial silicon production areas such as Yunnan Nujiang, Xinjiang, and Sichuan Liangshan are provided [68][70] - **Silica Stone Prices**: Charts of silica stone prices in regions such as Guangxi, Henan, and Shaanxi are provided [77][81] - **Petroleum Coke, Electrodes, and Silicon Coal**: Charts of prices of petroleum coke, graphite electrodes, and silicon coal in different regions are provided [84][90] 3.6 Supply - **Output**: Charts of industrial silicon weekly and monthly output are provided [96] - **Operating Rate and Production Capacity**: Charts of industrial silicon operating rate and monthly production capacity are provided, and information on new production capacity projects in various regions in 2025 - 2026 is listed, with a total new production capacity of 1.98 million tons [101][104] 3.7 Demand - **Consumption Overview**: Charts of industrial silicon consumption breakdown and structure are provided, and consumption data of different industries from 2024 - 2025 are listed [107][110] - **Polysilicon**: Charts of polysilicon monthly output, price, factory inventory, cost, and profit are provided [113][118] - **Silicone**: Charts of silicone market price, intermediate (DMC) monthly output, production cost, and production gross profit in the East China region are provided [123][129] - **Aluminum Rod**: Charts of aluminum rod weekly and monthly output, price, 6063 spot inventory, and original aluminum - based alloy production, operating rate are provided [134][138][140] - **Recycled Aluminum Alloy**: Charts of recycled aluminum alloy production, production capacity, operating rate, and inventory are provided [149][151] - **Solar/PV**: Charts of solar cell cumulative output and battery slice price are provided [156] 3.8 Import and Export - The report provides charts of industrial silicon and polysilicon import and export volumes [166][170]

装备制造 [Table_ReportDate] 2026 年 01 月 26 日 [T分析师： able_Author 赵晓闯] 执业证书号：S1030511010004 电话：0755-83199599 邮箱：zhaoxc@csco.com.cn 分析师：杨贵洲 执业证书号：S1030524060001 研究助理：董李延楠 电话：0755-83199599 邮箱：donglyn@csco.com.cn 公司具备证券投资咨询业务资格 证券研究报告 固态电池产业持续推进 [Table_ReportType]装备制造行业周报（1 月第 3 周） [Table_S 市场行情回顾 ummary] ： 上周 5 个交易日机械设备、电力设备及汽车行业指数涨跌幅 分别为+2.56%、+3.57%及+2.51%，在 31 个申万一级行业中排 名分别为第 13、11、14 位；同期沪深 300 涨跌幅为-0.62%。 行业观点： 电话：0755-83199599 邮箱：yanggz1@csco.com.cn 4) 风险提示：宏观经济风险、产业政策风险、行业竞争加剧风险。 请务必阅读文后重要声明及免责条款 [Table_Indu ...

Investment Rating - The industry investment rating is "Overweight" [2] Core Insights - The chemical industry is experiencing a dual drive of cyclical recovery and growth, with a focus on organic silicon, PTA, polyester filament, caprolactam, spandex, vitamins, sweeteners, refrigerants, and phosphorus chemicals [5][6] - The organic silicon industry is entering a recovery phase, driven by new applications in sectors like new energy vehicles and photovoltaics, with significant improvements in supply-demand dynamics expected [5][6] - The PTA/polyester filament industry is seeing a reduction in capacity expansion, leading to a new cycle of prosperity due to improved domestic and external demand [6] - The refrigerant market is entering a high prosperity cycle due to quota policies and stable demand growth from sectors like heat pumps and cold chain logistics [7] - The synthetic biology sector is poised for explosive growth as fossil-based materials face disruptive challenges, with a focus on energy efficiency and carbon tax costs [8] - OLED technology is rapidly penetrating various markets, supported by government policies aimed at fostering the new display industry [9] - The demand for high-frequency and low-loss electronic resins is increasing due to the rise of AI infrastructure and low-orbit satellite communications [10] - The electronic chemicals sector is benefiting from the expansion of wafer production capacity, with increasing demand for key materials in the semiconductor industry [11] Summary by Sections Industry Performance - The chemical sector ranked 4th in overall performance with a weekly increase of 7.29%, outperforming the Shanghai Composite Index by 6.45 percentage points [20][21] Key Industry Dynamics - The Ministry of Industry and Information Technology has issued guidelines for zero-carbon factory construction, aiming to establish a benchmark by 2027 across various industries [35] - The U.S. government plans to finalize the annual biofuel blending quota, maintaining high growth targets for the biofuel industry [35]

Investment Rating - Industry Rating: Overweight [2] Core Insights - The chemical industry is experiencing a dual drive of cyclical recovery and growth, with a recommendation to focus on sectors such as organic silicon, PTA, polyester filament, caprolactam, spandex, vitamins, sweeteners, refrigerants, and phosphorus chemicals [5][6] - The organic silicon industry is entering a recovery phase, with new applications becoming key growth drivers. From 2019 to 2024, domestic DMC capacity is expected to expand rapidly, leading to a temporary oversupply and price decline. However, by 2025, no new capacity is anticipated, and demand from emerging sectors like new energy vehicles and photovoltaics is expected to maintain high growth [5][6] - The PTA/polyester filament industry is approaching a turning point, with capacity expansion cycles nearing their end. The demand side is expected to continue growing, supported by improved external demand due to easing trade tensions [6] - Refrigerants are entering a high prosperity cycle due to quota policies that will reduce supply while demand remains stable, driven by market expansion in Southeast Asia and the development of heat pumps and cold chain markets [7] - The synthetic biology sector is poised for significant growth as fossil-based materials face disruptive challenges, with a focus on energy-efficient products and the potential for bio-based materials to see explosive demand [8] - OLED technology is rapidly penetrating various markets, with government policies supporting the development of new display industries and accelerating the localization of key materials and equipment [9] - The demand for electronic chemicals is increasing due to the rapid growth of the semiconductor industry, particularly in China, where the market is heavily reliant on imports [11] Summary by Sections Industry Performance - The chemical sector ranked 4th in overall performance for the week of January 19-23, 2026, with a gain of 7.29%, outperforming the Shanghai Composite Index by 6.45 percentage points [5][20] - The top-performing sub-sectors included textile chemical products (13.10%), nitrogen fertilizers (10.58%), and other chemical raw materials (10.09%) [21] Key Company Dynamics - The top three gaining companies for the week were Jianghua Micro (46.41%), Jiuding New Materials (28.47%), and Hongbaoli (26.73%) [26] - The companies in focus for potential investment include KaiSai Biological, Huaheng Biological, and other leading firms in synthetic biology and electronic chemicals [8][11][32] Industry Developments - The Ministry of Industry and Information Technology has issued guidelines for the construction of zero-carbon factories, aiming to establish a benchmark by 2027 across various sectors [35] - The U.S. government plans to finalize the 2026 biofuel blending quotas, maintaining high growth targets while addressing industry concerns [35]

Core Viewpoint - Hosheng Silicon Industry's investment of over 10 billion yuan has been concealed, potentially exposing governance issues within the company. The company recently received a regulatory letter and is now facing a share reduction plan from its controlling shareholder. Notably, the company has over 35 billion yuan in construction projects on its books, with significant discrepancies between actual investment and budgeted amounts, as well as slow project progress and no impairment recorded [1][2][4][5]. Group 1: Regulatory Issues - Hosheng Silicon Industry received two decision letters from the Zhejiang Securities Regulatory Bureau on January 16, indicating violations of information disclosure regulations. One letter mandated corrective measures for the company, while the other issued warnings to four key executives [2][5]. - The company failed to disclose over 1.6 billion yuan in related party transactions, which were not subjected to the required review procedures. These transactions included approximately 772 million yuan with Kaifa Joint Trading Co. and 2.45 billion yuan with Kuqa Juyou Coal Industry Co. from 2022 to 2024 [3][17]. Group 2: Investment Concealment - In October 2022, Hosheng Silicon's subsidiary signed a strategic cooperation framework agreement with the government of Hangzhou Xiaoshan District, with an initial investment of about 7 billion yuan, later increased to approximately 11 billion yuan in June 2023. These amounts represent 34.55% and 45.88% of the company's latest audited net assets, respectively [4][17]. - The company did not fulfill the necessary review and disclosure obligations regarding this substantial investment [4][18]. Group 3: Financial Performance - Hosheng Silicon reported a loss in the third quarter of 2025, with total revenue of 15.206 billion yuan, a year-on-year decrease of 25.35%. The net profit attributable to shareholders was -321 million yuan, a decline of 122.1% [19]. - The company indicated that the losses were primarily due to falling sales prices of industrial silicon, operational losses in the photovoltaic sector, and provisions for inventory depreciation [19]. Group 4: Construction Projects - The company has over 35 billion yuan in construction projects, with significant characteristics: first, the actual investment has exceeded budgeted amounts, and second, the progress of related projects appears to be slow. For instance, the coal-electricity-silicon integration project has seen cumulative investments surpassing 120% of its budgeted amount [8][10][24]. - Despite the slow progress of these projects, the company has not recorded any impairment on these assets [13][25].

关于控股股东部分股份质押的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 截至本公告日，合盛硅业股份有限公司（以下简称"公司"）控股股东宁波 合盛集团有限公司（以下简称"合盛集团"）直接持有公司股份486,647,073股， 占公司总股本的41.16%。本次质押后，合盛集团累计质押股份为241,809,100股， 占其所持股份比例的49.69%，占公司总股本比例的20.45%。 截至本公告日，合盛集团及其一致行动人罗立国、罗燚、罗烨栋合计直接持 有公司股份869,105,229股，占公司总股本的73.52%。本次质押后，合盛集团及其 一致行动人罗立国、罗燚、罗烨栋直接持有的公司股份中处于质押状态的股份累 计数为389,720,100股，占其合计所持公司股份总数的44.84%，占公司总股本的 32.97%。 证券代码：603260 证券简称：合盛硅业 公告编号：2026-006 公司于近日接到控股股东合盛集团关于其所持部分公司股份办理质押业务 的通知，具体事项如下： 合盛硅业股份有限公司 | 股东 | 是否 ...

合盛硅业公告称，控股股东合盛集团近日质押100万股，占其所持股份比例0.21%，占公司总股本比例 0.08%，质押融资资金用于生产经营。截至公告日，合盛集团直接持有公司股份486,647,073股，占总股 本41.16%，累计质押股份241,809,100股，占其所持股份比例49.69%，占总股本20.45%。合盛集团及其 一致行动人罗立国、罗燚、罗烨栋合计持股占总股本73.52%，累计质押股份占其合计持股总数的 44.84%，占总股本32.97%。质押风险可控，不存在控制权变更风险。 ...