长沙晚报掌上长沙7月8日讯（通讯员 贾晓君 姚尧）近日，雪天盐业集团股份有限公司（以下简称"雪天 盐业"）获得国内权威信用评级机构——东方金诚国际信用评估有限公司主体信用评级最高级"AAA"， 评级展望为"稳定"。雪天盐业首次获得最高信用评级，标志着公司在资本实力、经营能力、风险管控及 发展潜力方面获得市场高度认可。 雪天盐业成功获评后，成为全国盐行业第二家、湖南省国资系统上市公司第三家获得AAA主体信用评 级的上市公司。AAA级是企业主体信用评级中的最高等级，代表"偿还债务能力极强，基本不受不利经 济环境影响，违约风险极低"。此次雪天盐业成功跻身最高信用等级行列，充分反映出包括评级机构在 内的广大资本市场参与者对雪天盐业长期以来高质量发展的认可，也将从多方面重塑未来发展格局。 AAA评级是国际资本市场识别中国优质企业的"通用代码"，这一顶级信用背书，将显著提升雪天盐业 在全球市场的品牌辨识度与溢价能力，有助于大幅提升跨境业务拓展效率，加速国际化布局。同时在降 低融资成本、增强资金调配能力、吸引投资机构方面发挥助力。 展望未来，雪天盐业将以AAA级评级为契机，深入贯彻湖南"北石化、南盐化"现代化产业战略布局， ...

近日，雪天盐业（600929）集团股份有限公司(以下简称"雪天盐业")通过官方公众号发文称，经国内权 威信用评级机构东方金诚国际信用评估有限公司评定，公司主体信用等级首次获评最高级"AAA"，评 级展望为"稳定"。这标志着雪天盐业在资本实力、经营能力、风险管控及发展潜力方面获得市场高度认 可。 据悉，雪天盐业由此成为全国盐行业第二家、湖南省国资系统上市公司第三家获得AAA主体信用评级 的上市公司。AAA级代表企业"偿还债务能力极强，基本不受不利经济环境影响，违约风险极低"，是 企业主体信用评级的最高等级。 据介绍，此次获评AAA评级，预计将对雪天盐业未来发展产生多方面积极影响。一是提升市场信誉， AAA评级作为国际资本市场识别优质企业的通用标准，将显著提升公司在全球市场的品牌辨识度和信 誉度，有助于吸引国际合作伙伴，加速国际化布局；二是优化融资渠道，凭借AAA信用优势，公司可 更灵活地选择发行中期票据、永续中票、私募公司债等多种债券品种，满足不同资金需求，优化债务结 构。市场分析认为，AAA评级预计可显著降低公司债券发行利率；三是吸引战略资源，高信用等级有 利于雪天盐业吸引战略投资者和产业资本，为项目建设和引 ...

Core Viewpoint - Xue Tian Salt Industry has achieved the highest credit rating of "AAA" from Dongfang Jincheng International Credit Assessment Co., marking a significant recognition of its capital strength, operational capability, risk management, and development potential [1][2] Company Overview - Xue Tian Salt Industry is the first modern joint-stock company in the national salt industry that integrates production and sales across provinces, focusing on core businesses related to salt and salt chemicals since its establishment [1] - The company was successfully listed on the Shanghai Stock Exchange on March 26, 2018, under the stock code 600929, and is recognized as "China's first salt reform stock" [1] - As of the end of 2024, the company reported total assets of 10.97 billion yuan, revenue of 5.392 billion yuan, and a net profit of 308 million yuan [1] Credit Rating Impact - The AAA rating enhances the brand recognition and premium capability of Xue Tian Salt Industry in the global market, making it more attractive to international partners for deep cooperation [2] - The company can lower its financing costs by approximately 0.5% due to the AAA rating, allowing for flexible issuance of various bond types to meet funding needs and optimize debt structure [2] - The credit advantage will facilitate the introduction of strategic investors and equity financing, attracting renowned investment institutions and industrial capital for deeper collaboration [2] Future Outlook - Xue Tian Salt Industry aims to leverage the AAA rating to implement Hunan's modern industrial strategy of "North Petrochemical, South Salt Chemical," enhancing the salt industry chain in Hunan and progressing towards the goal of becoming a first-class salt chemical enterprise [2]

Group 1 - The company expects a net profit attributable to shareholders of the parent company for the first half of 2025 to be between 64.78 million and 77.74 million yuan, representing a decrease of 25.09 million to 26.38 million yuan compared to the same period last year, which is a year-on-year decline of 76.34% to 80.29% [1][2] - The company anticipates a net profit attributable to shareholders of the parent company, after deducting non-recurring gains and losses, to be between 40.92 million and 49.10 million yuan, a decrease of 21.78 million to 22.60 million yuan compared to the same period last year [1][2] - The significant decline in net profit is primarily attributed to the impact of macroeconomic and market changes, leading to a decrease in market prices for some of the company's products [2] Group 2 - The company's total profit for the same period last year was 371.61 million yuan, with a net profit attributable to shareholders of the parent company of 0.1981 yuan per share [2] - The company plans to implement lean management and cost reduction measures in the second half of 2025 to enhance market competitiveness and create value for efficient operations [2]

7月4日，雪天盐业发布半年度业绩预减公告。公告内容显示，雪天盐业预计2025年半年度实现归母净利 润为6478万元到7774万元，同比减少2.51亿元到2.634亿元，同比减少76.34%到80.29%。 对于归母净利润同比大幅下滑的情况，雪天盐业表示，主要系受宏观经济及市场变化的影响，公司部分 产品市场价格同比下降所致。同时，雪天盐业还提示称，本次业绩预告为公司根据经营情况的初步预 测，未经会计师事务所审计，公司预计不存在影响本次业绩预告内容准确性的重大不确定因素。 而此次雪天盐业的业绩出现大幅度下滑也并非偶然，据南都·湾财社记者此前梳理的数据，雪天盐业自 2022年后业绩持续下滑。2024年，其归母净利润仅为3.03亿元，较2023年直接腰斩，较2022年的8.38亿 元而言更是仅剩不到四成。 而雪天盐业2025年一季度更是加速下滑，公司2025年一季度营收11.31亿元，同比下滑27.24%，同期净 利润0.267亿元，同比大跌超85%。 同时，其中，截至2024年末，雪天盐业经销商同比减少超过3000家，雪天盐业表示主要是省外经销商减 少，减少的原因在于升级营销战略，践行高质量发展，优化部分客户。一季 ...

Core Viewpoint - Xue Tian Salt Industry (600929) expects a significant decline in net profit for the first half of 2025 compared to the same period last year, indicating potential challenges ahead for the company [1] Financial Performance - The company anticipates a net profit attributable to shareholders of the parent company ranging from 64.78 million to 77.74 million yuan, representing a decrease of 251 million to 264 million yuan year-on-year, which translates to a decline of 76.34% to 80.29% [1] - The expected net profit after deducting non-recurring gains and losses is projected to be between 40.92 million and 49.10 million yuan, reflecting a reduction of 218 million to 226 million yuan compared to the previous year, equating to a decrease of 81.60% to 84.67% [1]

化工专场 - 年度中期策略会 20250624 摘要 聚酯产业链价格受成本、政策及地缘因素多重影响，4 月因成本下跌明 显下滑，5 月随关税政策转折和油价反弹回升，6 月中东冲突则推动油 价及相关产品价格快速上涨。 2025 年上半年乙二醇在聚酯产业链中表现较弱，主要因煤价下跌导致 煤制乙二醇供应稳定，而需求受到扰动，价格走势相对疲软。 2025 年 PX 与布伦特油价价差处于近五年低位，虽关税取消后有所回升， 但整体估值偏低，受汽油裂解价差走弱及甲苯、二甲苯需求减弱影响。 美国对芳烃需求一季度尚可，但四五月份同比萎缩，尤其从韩国进口甲 苯和纯苯量显著减少，导致亚洲地区甲苯和纯苯季节性需求未能显著好 转，PX 环节相对油价走弱。 聚酯纤维开工率年初下滑，但 PX 与 PTA 开工率季节性下降时，聚酯纤 维开工率保持高位，导致二季度 PX 与 PTA 去库存效果显著，目前两者 库存水平较低。 PTA 下半年预计新增产能投产，产量将显著提升，可能面临垒库压力； PX 年内无新增产能，若聚酯开工率维持高位，PX 需依赖进口，供需相 对平衡，装置稳定性至关重要。 聚丙烯塑料市场呈震荡下行熊市格局，受扩产加速、需求偏弱 ...

Core Viewpoint - Zhongyan Chemical (600328.SH) has successfully acquired a natural soda mining right in Inner Mongolia for approximately 6.8 billion yuan, aiming to strengthen its core soda ash business [2][3]. Group 1: Acquisition Details - Zhongyan Chemical won the bidding for the natural soda mining rights after a third party withdrew, allowing the company to fully own the asset [3][5]. - The mining site is located in Tongliao City, Inner Mongolia, with a natural soda resource estimated at 2.077 billion tons, making it the largest known soda mine in China [6][8]. - The acquisition aligns with the company's strategy to focus on its core business and expand its natural soda production capacity, which is not subject to strict industrial policy restrictions [6][8]. Group 2: Financial Position - As of March 2025, Zhongyan Chemical's debt-to-asset ratio is 28.65%, indicating a relatively low level of debt and strong medium to long-term repayment capability [9][10]. - The company has a history of profitable operations, with cumulative profits of 7.681 billion yuan and cash dividends of 2.364 billion yuan since its listing [10]. - To finance the acquisition, Zhongyan Chemical plans to explore various funding options, including attracting strategic investors, utilizing its own funds, bank loans, and capital market financing [10]. Group 3: Industry Position - Zhongyan Chemical is currently the third-largest soda ash producer in China, with a production capacity of 3.9 million tons [8]. - The company has a competitive edge due to its resource advantages, scale, and integrated industrial chain, which includes various chemical products [8]. - The development of the natural soda industry is expected to optimize the company's product structure and enhance its core competitiveness in the soda ash market [8].

2025年5月份，新华.中盐两碱工业盐价格指数报947.78点，较上期(2025年4月)下跌15.96点，跌幅 1.66%；较基期(2018年1月)下跌52.22点，跌幅5.22%；较周期内最高点1736.66点(2022年4月)下跌788.88 点，跌幅4.43%；较周期内最低点816.2点(2020年8月)上涨131.58点，涨幅16.12%。 分区域来看，2025年5月，安徽、江苏、重庆、云南两碱工业盐出厂价格较2025年4月上涨；湖北、湖 南、四川、辽宁两碱工业盐出厂价格较2025年4月持平；陕西、江西、河南、新疆、河北、山东、天津 两碱工业盐出厂价格较2025年4月下跌。 分价格区间来看，本期两碱工业盐单价在300元／吨及以上的地区有3个，分别是河南、云南、辽宁；两 碱工业盐单价在300元／吨以下的地区有14个，分别是陕西、安徽、江苏、湖北、江西、重庆、新疆、 河北、山东、湖南、青海、四川、天津、宁夏。 5月份我国原盐市场呈现供应增长而需求平稳态势。五一假期结束，多地持续开展密集扒盐产盐工作， 月内海盐市场供应量显著上升，特别是河北、山东、江苏等主产区的产量增长明显。然而，下游碱企采 购需求跟进有限 ...

Group 1 - Jiangyan Group announced the resignation of Chairman Hu Shiping due to work changes, effective June 12, 2025 [2][3] - Hu Shiping held 459,702 shares of the company and will continue to comply with relevant laws and regulations after his resignation [2][3] - The company will expedite the election of a new chairman following Hu's departure [3] Group 2 - Jiangyan Group reported a revenue of 2.682 billion yuan for 2024, a year-on-year decrease of 7.10% [5] - The net profit attributable to shareholders was 461 million yuan, down 6.88% year-on-year, while the net profit after deducting non-recurring gains and losses was 433 million yuan, a decline of 9.25% [5] - The basic earnings per share for the company was 0.72 yuan [5]