制作日期：2025 年 7 月 11 日 【策略分析】 【冠通研究】 市场情绪放缓 今日盘面低开低走，日内震荡收跌。现货价格稳中上扬，收单情况有放 缓，前期待发充足，暂无降价压力。基本面来看，日产变动不大，前期检修装 置本期陆续有复产情况，本周产量有增加，预计下周检修复产并行，日产波动 幅度小。需求端，农业需求拿货较为谨慎，状况好于工业需求，天气多发降 雨，适量补库为主，预计本月东北华北地区都将迎来收尾，届时将迎来空窗 期。复合肥工厂开工负荷维持低位，涨幅微弱，目前处于秋季肥生产初期阶 段，订单以去化厂内库存为主，本期厂内成品库存累库，订单流通较少，但工 厂销售压力不大，秋季肥多为预收订单，工厂目前观望情绪浓厚，对尿素保持 刚需拿货。虽目前工业需求偏弱，但出口订单依然在发运，农业需求有局部增 量，库存连续去化。国际价格上行，国内尿素情绪同样高涨，工厂出口订单支 撑，集港陆续进行，近期传言出口配额有增加，行情小幅波动，短期依旧以震 荡偏强为主，继续关注出口政策情况。 【期现行情】 期货方面：尿素主力 2509 合约 1776 元/吨低开低走，日内偏弱震荡，最终 收于 1773 元/吨，收成一根阳线，涨跌-0.2 ...

本次业绩预告是公司财务部门的初步测算结果，未经会计师事务所审核，具 体财务数据将在公司 2025 年半年度报告中予以详细披露。敬请广大投资者谨慎 决策投资，注意投资风险。 证券代码：000893 证券简称：亚钾国际 公告编号：2025-034 亚钾国际投资（广州）股份有限公司 本公司及董事会全体成员（除董事长郭柏春先生，被实施留置）保证信息披 露的内容真实、准确、完整，没有虚假记载、误导性陈述或重大遗漏。 一、本期业绩预计情况 项 目 本报告期 上年同期 盈利：73,000 万元-93,000 万元 归属于上市公司股 盈利：26,998.79 万元 东的净利润 比上年同期增长：170%-244% 归属于上市公司股 盈利：73,000 万元-93,000 万元 东的扣除非经常性 盈利：26,795.76 万元 损益的净利润 比上年同期增长：172%-247% 基本每股收益 盈利：0.80 元/股–1.02 元/股 盈利：0.29 元/股 二、与会计师事务所沟通情况 本次业绩预告未经会计师事务所审计。 三、业绩变动原因说明 报告期内，公司经营业绩同比上升，主要原因如下：一是公司钾肥生产线稳 定生产，上半年钾肥产量 ...

亚钾国际（000893）公告，预计2025年1月1日至2025年6月30日归属于上市公司股东的净利润为7.3亿 元-9.3亿元，比上年同期的2.7亿元增长170%-244%。归属于上市公司股东的扣除非经常性损益的净利润 为7.3亿元-9.3亿元，比上年同期的2.68亿元增长172%-247%。基本每股收益为0.8元/股–1.02元/股。公司 上半年钾肥销售价格同比上升，公司上半年钾肥业务毛利率同比上升。同时，叠加税收优惠政策的影 响，公司2025年半年度经营业绩同比上升。 ...

最新一期业绩显示，2025年一季报，公司实现营业收入12.13亿元，同比91.47%；净利润3.84亿元，同 比373.53%，销售毛利率54.12%。 序号股票简称PE(TTM)PE(静)市净率总市值(元)13亚钾国际24.0931.772.50301.98亿行业平均 25.2226.542.46161.93亿行业中值22.7925.421.7380.90亿1云天化7.987.731.74412.18亿2史丹利 11.6712.371.43102.17亿3新洋丰11.7513.271.58174.53亿4云图控股14.4115.131.36121.74亿5兴发集团 15.8915.181.11243.16亿6司尔特16.8014.690.8645.75亿7盐湖股份19.0019.862.46926.03亿8东方铁塔 19.5220.831.29117.56亿9芭田股份19.8825.613.09104.80亿10四川美丰21.4414.500.9439.40亿11华昌化工 22.4613.241.2069.05亿12湖北宜化23.1219.481.71127.09亿 来源：金融界 从行业市盈率排名来看，公司 ...

Core Viewpoint - The company aims to promote its bio-based slow-release fertilizer technology as a model for global agricultural sustainability and food security, leveraging the "One Country, One Product" initiative supported by the UN FAO [1][2] Group 1: Technology Development - The company shared a report on the development of bio-based slow-release fertilizer technology, highlighting its latest achievements in research and application [1] - The technology integrates three national science and technology awards in China, emphasizing its environmentally friendly, biodegradable nature, precise nutrient release, high fertilizer efficiency, and reduced labor and fertilizer costs [1] - The technology also incorporates Germany's Schneider Efficiency Technology 2.0, which includes nutrient leakage prevention, plant vaccine technology, and microbial activation technology, improving soil microenvironment and enhancing fertilizer utilization [1] Group 2: Product Development - The company has developed specialized slow-release fertilizer products for over ten crops, including wheat, corn, rice, garlic, banana, and peanut, tailored to support the "One Country, One Product" initiative [1] - These products utilize the award-winning slow-release fertilizer technology and Schneider Efficiency Technology 2.0, aiming to increase crop yield and quality while reducing production costs for farmers [1] Group 3: Strategic Goals - The company has made comprehensive plans for technical support, solution development, and promotion to better support project construction [2] - The goal is to help farmers in project countries increase their income, drive local industry upgrades, and promote a more efficient, inclusive, resilient, and sustainable agricultural food system [2]

该厂充分借鉴国内锅炉装置烟气超低排放改造的成功经验，动力装置3号锅炉采用"石灰石—石膏"湿法 烟气脱硫工艺，脱硫率达99%以上。该项目建成投产后锅炉烟气中氮氧化物、二氧化硫、粉尘的排放浓 度将达到国家超低排放标准。 该项目于2024年12月13日正式施工建设，在项目建设过程中，该厂克服冬季施工难度大、作业空间狭 小、登高动火作业多和"生产建设双线并行"等困难和挑战，经过工厂和施工单位的通力协作，用时190 天，于2025年6月30日3号锅炉烟气超低排放改造项目正式建成并投入运行。该项目经过72小时性能验 收，各项指标全部优于设计值，二氧化硫达到20毫克/立方米、氮氧化物达到32毫克/立方米、粉尘达到 7毫克/立方米，比设计值分别降低34%、36%、30%，改造工作取得圆满成功。 "接下来，我们将借鉴3号锅炉烟气超低排放改造过程的成功经验，高标准完成1号和2号锅炉烟气超低排 放改造，届时，工厂锅炉装置全部实现烟气超低排放改造，为公司绿色发展注入新动力、增添新活 力。"该厂副厂长马付明说。 中化新网讯 近日，吉林石化化肥厂实施的动力装置3号锅炉烟气超低排放改造项目建成并投入运行，每 年将减排氮氧化物近150吨、二 ...

| | 杨鈜汉 | 投资咨询从业资格号：Z0021541 | yanghonghan@gtht.com | | --- | --- | --- | --- | | 【基本面跟踪】 | | | | | 尿素基本面数据 | | | | | | 项 目 | | 项目名称 | 昨日数据 | 前日数据 | 变动幅度 | | --- | --- | --- | --- | --- | --- | --- | | 期货市场 | 尿素主力 （09合约） | 收盘价 | （元/吨） | 1,777 | 1,770 | 7 87102 | | | | 结算价 | （元/吨） | 1,777 | 1,771 | 6 | | | | 成交量 | （手） | 253,398 | 166,296 | | | | | 持仓量 | （手） | 208,229 | 211,186 | -2957 | | | | 仓单数量 | （吨） | 2,645 | 2,245 | 400 | | | | 成交额 | （万元） | 900,403 | 588,944 | 311459 | | | 基 差 | | 山东地区基差 | 8 3 | 7 0 | 1 ...

Group 1 - The company, Qingdao Oriental Tower Co., Ltd., expects a significant increase in net profit for the first half of 2025, projecting a profit of 451 million to 495 million yuan, representing a year-on-year growth of 62.04% to 78.35% [2] - The basic earnings per share are estimated to be between 0.3625 yuan and 0.3978 yuan, compared to 0.2213 yuan in the same period last year [2] - The increase in profitability is attributed to the rise in market prices for potassium chloride products, which is expected to boost the company's potassium fertilizer business [2] Group 2 - The performance forecast period is from January 1, 2025, to June 30, 2025, and the financial data has not yet been audited by the accounting firm [2] - The company has communicated with the auditing firm regarding the performance forecast, and there are no discrepancies between the two parties [2]

Core Viewpoint - The European market will completely stop importing fertilizers from Russia and Belarus by July 1, 2028, due to the EU's tariff policy, marking a significant achievement for Poland as the rotating presidency of the EU [1] Group 1: Tariff Implementation - The European Parliament approved a new tariff law on May 22, which imposes a 6.5% basic tariff on fertilizers imported from Russia and Belarus [1] - From 2025 to 2026, an additional tax of 40 to 45 euros per ton will be levied on these fertilizers [1] - A 50% tariff will be applied to Russian and Belarusian agricultural products that have not yet been subject to additional tariffs [1] Group 2: Timeline and Leadership - The new tariffs took effect on July 1 of this year [1] - Poland assumed the rotating presidency of the EU on January 1, replacing Hungary, for a six-month term [1]

Core Viewpoint - The legal opinion confirms that the procedures for the second extraordinary general meeting of shareholders held by Zhongyan Anhui Hongsifang Fertilizer Co., Ltd. on July 10, 2025, comply with relevant laws, regulations, and the company's articles of association [1][5]. Group 1: Meeting Procedures - The meeting was convened by the company's board of directors, with proper announcements made in various financial publications and on the company's designated information disclosure website [1]. - The meeting was held on July 10, 2025, with specific voting times set for both on-site and online participation [2]. Group 2: Attendance and Voting - A total of 288 participants attended the meeting, representing 196,057,363 valid voting shares, which is 75.4066% of the total voting shares [2][3]. - The voting process combined on-site and online methods, with results being monitored and recorded according to the company's articles of association [3][4]. Group 3: Voting Results - The meeting approved several resolutions, including the election of non-independent and independent directors, with approval rates exceeding 99.69% for most resolutions [4][5]. - The legal opinion asserts that the voting results are legitimate and valid, adhering to all legal and regulatory requirements [5].