Core Viewpoint - The stock price of Lushan New Materials (603051) has decreased by 11.96% this week, closing at 20.4 yuan, with a total market capitalization of 3.297 billion yuan as of November 21, 2025 [1] Company Announcements - Lushan New Materials has invested 30 million yuan to establish a venture capital fund with a total scale of 100 million yuan, in partnership with Wanlian Tianze Capital Investment Co., Ltd. and Guangzhou High-Quality Development Fund Partnership [1] - The fund, named Guangzhou Tianze Lushan New Materials Venture Capital Fund Partnership (Limited Partnership), will focus on venture capital and equity investments, with an 8-year duration consisting of a 5-year investment period and a 3-year exit period [1] - The investment decision-making committee will consist of 5 members, requiring unanimous agreement for decisions, and profit distribution will prioritize the return of paid-in capital followed by an 8% annualized return, with 80% of remaining profits distributed among partners based on their contributions [1]

Core Viewpoint - Ju Shi Chemical has been investigated by the China Securities Regulatory Commission (CSRC) for suspected violations of information disclosure laws, following significant adjustments to its financial performance forecasts for 2024 [1][2]. Group 1: Regulatory Actions - On November 21, 2025, Ju Shi Chemical received a notice of investigation from the CSRC due to suspected violations of information disclosure laws [1]. - The investigation is based on the company's financial disclosures and adjustments made in its 2024 annual performance report [1]. Group 2: Financial Performance Adjustments - In the announcement on April 29, 2025, Ju Shi Chemical revised its 2024 financial forecasts, reporting a corrected operating profit of -241 million yuan, a decrease of 76.99% [1]. - The total profit was adjusted to -242 million yuan, reflecting a decline of 75.52%, while the net profit attributable to shareholders was revised to -236 million yuan, down 64.6% [1]. - The basic earnings per share were adjusted to -1.95 yuan, a reduction of 0.77 yuan or 65.25% from previous estimates [1]. Group 3: Reasons for Financial Adjustments - The discrepancies in the financial data were primarily attributed to underperformance of Guangdong Guanzhen Technology Co., Ltd., which Ju Shi Chemical acquired in 2021, leading to a provision for impairment losses of 43.62 million yuan [2]. - Additional adjustments included a write-off of fixed assets amounting to 11.63 million yuan, impairment losses on intangible assets of 21 million yuan, and impairment losses related to leased fixed assets totaling 21.75 million yuan [2]. Group 4: Market Impact - As of November 21, 2025, Ju Shi Chemical's stock closed at 22.21 yuan per share, with a market capitalization of 2.69 billion yuan [3].

【导读】聚石化学被中国证监会立案，涉嫌信息披露违法违规 中国基金报记者 卢鸰 聚石化学 11 月 21 日晚公告，公司于 2025 年 11 月 21 日收到中国证监会下发的《立案告 知书》，因公司涉嫌信息披露违法违规，根据《中华人民共和国证券法》《中华人民共和国 行政处罚法》等法律法规，中国证监会决定对公司立案。 降幅为 42.19% ；更正后的基本每股收益为 -1.95 元，比修正前减少 0.77 元，降幅为 65.25% 。 聚石化学当时称，此次更正数据差异的主要原因是：公司 2021 年收购的广东冠臻科技有限 公司经营业绩未达预期、未能完成相关业绩承诺，公司对相关的业绩补偿款计提减值损失 4362 万元；对部分固定资产进行费用化处理，影响金额 1163 万元，无形资产计提减值损 失 2100 万元；对公司循环租赁业务相关固定资产计提减值损失 2175 万元。 此后，聚石化学收到上海证券交易所出具的《关于广东聚石化学股份有限公司 2024 年年度 报告的信息披露监管问询函》，被要求逐项说明各个调整事项的计算方式、原因及合理性， 是否符合企业会计准则的相关规定等；并全面自查是否存在其他会计差错和需要追溯调 ...

Group 1 - The core viewpoint of the article highlights that Tianqi Materials has projected an annual sales volume of 720,000 tons for electrolytes in 2025, exceeding the initial target of 700,000 tons [2] - In the previous year, Tianqi Materials achieved a sales volume of over 500,000 tons for its core product, electrolytes, representing a year-on-year growth of approximately 26% [2] - The company's revenue for the previous year was 12.518 billion yuan, a decrease of 18.74% compared to the previous year, while the net profit attributable to shareholders dropped significantly by 74.4% to 484 million yuan [2] Group 2 - For the first three quarters of this year, the company reported a revenue of 10.843 billion yuan, reflecting a year-on-year increase of 22.34%, with a net profit of 420 million yuan, up 24.33% [2] - In the third quarter alone, the net profit attributable to shareholders was 153 million yuan, marking a substantial year-on-year growth of 51.53% [2] - The company noted that the core raw material, lithium hexafluorophosphate, has reached a state of tight balance, and market prices have shown a certain degree of recovery, indicating a positive shift in the industry from a bottoming phase [2]

Group 1 - The core point of the news is that two companies, 聚石化学 and 豪尔赛, are under investigation by the China Securities Regulatory Commission (CSRC) for suspected violations of information disclosure laws [2][3] - 聚石化学 reported a revenue of 2.963 billion yuan for the first three quarters of 2025, a year-on-year decrease of 7.17%, and a net profit attributable to shareholders of 5.7684 million yuan, with a net loss of 24.5322 million yuan after deducting non-recurring gains and losses [2] - 豪尔赛 stated that its business operations are normal and that the investigation will not have a significant impact on its management [3] Group 2 - Next week, 38 stocks will face a total unlock market value of 21.678 billion yuan [4] - 南方航空 will have 804 million shares listed for circulation, with an unlock market value of 5.689 billion yuan [5] - 菲菱科思 will have 22 million shares listed for circulation, with an unlock market value of 1.871 billion yuan [6] Group 3 - Among the 38 stocks facing unlock, 6 stocks have a high unlock ratio exceeding 30%, including 必易微, 吉冈精密, 赛恩斯, and 菲菱科思 [8] - The average stock price of the 38 stocks has decreased by 8.22% since November, with 久其软件 showing the highest increase of 13.74% [9] - 6 stocks with reported losses in the first three quarters include 红太阳, 水发燃气, 中望软件, 生物谷, 久其软件, and 必易微, indicating higher unlock pressure [10]

今天A股市场发生了一场令人震惊的暴跌。 三大指数集体跌破60天牛熊分界线，整个市场4635只个股下跌，仅有485只上涨，45只股票跌停，305只跌幅超过 5%。 科创50指数最早发出转熊信号，走出典型的头肩顶形态；创业板指数跳空低开，多根均线形成死叉，呈现M头形态；就连一直有银行股护盘的上证指 数，也未能守住关键点位。 这场暴跌的直接导火索是美联储释放的重磅利空。 市场对12月降息的预期发生剧烈逆转：从上个月的98.8%概率降息，到上一周的50%，再到当前仅剩30% 左右。 美联储10月会议纪要显示，官员们对12月是否继续降息存在严重分歧，鲍威尔更明确表示12月降息"远未成定局"。 美联储政策的突然转向引发全球风险资产重新定价。 隔夜美股道指狂泻近800点，纳指大跌逾2%。 亚太市场紧随其后，日本日经225指数大跌1.8%，韩国综 合指数暴跌3.81%。 A股作为"水牛行情"的典型代表，对流动性变化极为敏感，美联储降息预期落空相当于直接"抽水"。 资金流向显示防御心态加重。 主力资金净流入前三的板块为化学制药、中药、燃气，分别净流入6.65亿元、5.95亿元和5.09亿元。 而AI应用概念则逆势集体 大涨，显 ...

融资融券数据显示，该股最新（11月20日）两融余额为3.54亿元，其中，融资余额为3.52亿元，本期筹 码集中以来融资余额合计减少2.15亿元，降幅为37.94%。 公司发布的三季报数据显示，前三季公司共实现营业收入58.04亿元，同比增长46.08%，实现净利润 9.65亿元，同比增长43.50%，基本每股收益为1.7132元，加权平均净资产收益率14.29%。 川恒股份（002895）11月21日披露，截至11月20日公司股东户数为28953户，较上期（11月10日）减少 4765户，环比降幅为14.13%。 证券时报 数据宝统计，截至发稿，川恒股份收盘价为34.45元，下跌7.64%，本期筹码集中以来股价累 计下跌10.15%。具体到各交易日，5次上涨，4次下跌。 ...

（文章来源：每日经济新闻） 每经AI快讯，有投资者在投资者互动平台提问：请问董秘，公司泰国子公司是否有生产经营光刻胶业 务，订单情况是否饱和？ 容大感光（300576.SZ）11月21日在投资者互动平台表示，①公司于今年上半年刚完成泰国子公司的设 立登记手续，泰国子公司拟定的经营范围为印刷线路板光刻胶和感光油墨及配套化学品的研发、生产、 销售。②泰国子公司厂房建设、设备设施购买等手续尚在进行中，暂未启动运营。 ...

2家上市公司，公告被证监会立案。 11月21日晚，聚石化学（688669）公告称，公司于2025年11月21日收到中国证监会下发的《立案告知书》，因公司涉嫌信息披露违法违规，中国证监会决定对 公司立案。 聚石化学称，目前公司各项经营活动和业务均正常开展，将积极配合中国证监会的相关工作，并及时履行信息披露义务。 同日，豪尔赛（002963）公告，公司于近日收到中国证监会下发的《立案告知书》，因涉嫌信息披露违法违规，根据《中华人民共和国证券法》《中华人民共和 国行政处罚法》等法律法规，中国证监会对公司进行立案。 值得注意的是，豪尔赛曾于2025年7月29日公告，公司实际控制人之一戴宝林为支持戴聪棋作为上市公司控股股东暨实际控制人行使股东权利，更好地行使公司经 营管理及重大事项决策权，与戴聪棋签署了《关于豪尔赛科技集团股份有限公司之表决权委托协议》，将持有的公司3512.84万股股份（占公司总股本的 23.36%）对应的全部表决权、召集权、提名和提案权、参会权、监督建议权以及除收益权和股份转让权等财产性权利之外的其他权利独家委托给戴聪棋行使。本 次表决权委托后，公司控股股东、实际控制人变更为戴聪棋和刘清梅；戴宝林、 ...

证券之星消息，11月21日化学制品板块较上一交易日下跌4.39%，东岳硅材领跌。当日上证指数报收于 3834.89，下跌2.45%。深证成指报收于12538.07，下跌3.41%。化学制品板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | | --- | --- | --- | --- | --- | --- | --- | | 300200 | 高盟新材 | 11.85 | 9.32% | 102.60万 | | 11.97亿 | | 002549 | 凯美特气 | 23.72 | 5.05% | 165.42万 | | 39.53亿 | | 002669 | 康达新材 | 13.99 | 4.87% | 36.64万 | | 5.07亿 | | 002453 | 华软科技 | 8.02 | 4.16% | 144.22万 | | 11.60亿 | | 002971 | 和远气体 | 31.99 | 3.16% | 6.33万 | | 266T | | 603683 | 晶华新材 | 26.40 | 2.25% | 14.66万 | | 3.76亿 ...