11月20日，和邦生物跌0.86%，成交额5.87亿元。两融数据显示，当日和邦生物获融资买入额5884.85万 元，融资偿还6365.27万元，融资净买入-480.42万元。截至11月20日，和邦生物融资融券余额合计5.96 亿元。 截至9月30日，和邦生物股东户数19.65万，较上期减少1.99%；人均流通股44939股，较上期增加 2.03%。2025年1月-9月，和邦生物实现营业收入59.27亿元，同比减少13.02%；归母净利润9310.85万 元，同比减少57.93%。 分红方面，和邦生物A股上市后累计派现12.05亿元。近三年，累计派现5.53亿元。 机构持仓方面，截止2025年9月30日，和邦生物十大流通股东中，鹏华中证细分化工产业主题ETF联接A （014942）位居第四大流通股东，持股9278.78万股，为新进股东。南方中证500ETF（510500）位居第 五大流通股东，持股9008.99万股，相比上期减少218.44万股。香港中央结算有限公司位居第六大流通股 东，持股8928.26万股，相比上期增加1609.08万股。光大保德信信用添益债券A类（360013）位居第九 大流通股东，持股3 ...

Group 1: Core Insights - European chemical companies reported significant profit declines and even net losses in Q3, with sales also plummeting due to overcapacity, price drops, and currency fluctuations [1] - BASF's Q3 profits and sales both fell, with a report indicating that profit margins are under pressure and showing no signs of improvement, as nearly all indicators are at cyclical lows [1] - Bayer continued to report net losses in Q3, but adjusted EBITDA increased by 21% year-on-year to €1.51 billion, exceeding analyst expectations, primarily driven by its crop science business [1] Group 2: Company-Specific Performance - Evonik transitioned from profit to a net loss of €106 million in Q3, with adjusted EBITDA down 22% year-on-year to €448 million, and revenue decreased by 12% to €3.4 billion [2] - Covestro faced a loss of €150 million due to ongoing plant shutdowns, with Q3 sales down 12% and EBITDA guidance for the year lowered to €700 million to €800 million [2] - AkzoNobel reported a Q3 adjusted EBITDA of €385 million, below expectations, and lowered its annual profit guidance, anticipating an adjusted EBITDA of €1.48 billion for 2025 [3] Group 3: Market Trends and Challenges - The chemical industry is facing a challenging market environment with persistent price pressures and declining demand, leading to significant adjustments in profit forecasts across multiple companies [1][2][3] - Arkema lowered its full-year EBITDA guidance to €1.25 billion to €1.3 billion due to macroeconomic pressures and weaker-than-expected demand in the U.S. [3] - Lanxess experienced a 16.3% year-on-year decline in sales in Q3, with varying performance across its business segments, highlighting the impact of market pressures on profitability [3]

格隆汇11月18日丨集泰股份(002909.SZ)公布，全资孙公司安庆诚泰新材料有限公司（简称"安庆诚泰"） 于近日收到《关于落实中央生态环境保护督察反馈问题整改工作的通知》。根据《通知》，公司募投项 目"年产1.7万吨高性能聚氨酯新能源胶、1.484万吨有机硅新能源密封胶、0.2万吨核心助剂项目"中的子 项目"0.2万吨核心助剂项目"及"年产1.7万吨高性能聚氨酯新能源胶项目"属于《中华人民共和国长江保 护法》实施后在长江支流岸线一公里范围内新建、拟建化工项目。"0.2万吨核心助剂项目"须于2027年9 月30日前完成项目去功能化，所有化工生产设备全部拆除，相关补偿、支持政策将严格按照《安庆高新 区中央环保督察整改"一企业一策"指导意见》执行。"年产1.7万吨高性能聚氨酯新能源胶项目"需进一 步优化工艺、原料选型，安庆高新区将积极协助公司力争于2026年6月30日前取得相关审批手续。《通 知》所涉及的募投项目子项目的整改调整不会对公司生产经营及募投项目的实施产生重大影响，公司将 积极推进募投项目的建设实施。 ...

Supply and Demand - Construction starts have weakened further, with operating rates for asphalt, cement dispatch, and grinding mills dropping to historical lows[2] - Industrial production remains at a historically high level, with PX operating rates at historical highs and PTA rates at historical mid-lows[2] - Demand for construction materials is weak, with rebar, wire rod, and building materials at historical low demand levels[2] Prices - International commodity prices for oil, copper, and gold have shown weak fluctuations, while aluminum prices have risen[3] - Domestic industrial prices are mixed, with black metals and coal prices recovering, while chemical products have mostly declined[3] Real Estate - New housing transactions have seen a significant year-on-year decline, with a 24% drop in transaction area for major cities compared to the previous two weeks[4] - Second-hand housing transactions remain weak, with year-on-year declines of 16% in Beijing and Shanghai, and 33% in Shenzhen compared to 2024[4] Exports - Port throughput increased by 4.8% year-on-year in early November, with export growth projected at approximately 9.6%[5] Liquidity - Recent weeks have seen fluctuating funding rates, with the R007 at 1.49% and DR007 at 1.47% as of November 14[5] - The central bank has conducted a net withdrawal of 19,808 billion yuan through reverse repos in the last two weeks[5] Risk Warning - There are risks associated with unexpected fluctuations in commodity prices and policy measures exceeding expectations[5]

Group 1 - The report compiles 16 representative cases of cross-border mergers and acquisitions (M&A) by companies listed on the Shanghai Stock Exchange, showcasing how these companies leverage global resources to drive industrial upgrades [1][7][9] - M&A strategies exhibit innovative characteristics, including cash acquisitions, cash and stock privatizations, cross-border share swaps, and private equity fund acquisitions, with a focus on both mature and emerging industries [1][2][9] - Key cases highlight strategic orientation and synergy effects, such as Wanhua Chemical's acquisition of BC Company, which resulted in a 145.19% overachievement of performance commitments [2][12][56] Group 2 - The report indicates a clear trend of policy support for cross-border M&A, with initiatives like the "M&A Six Guidelines" simplifying processes and lowering barriers for companies [3][9] - Challenges include complex cross-border regulatory approvals, cultural integration difficulties, and geopolitical risks, which companies are addressing through compliance reviews and risk hedging mechanisms [3][9] - Successful cross-border M&A requires a clear strategic direction aligned with industrial upgrade needs, innovative transaction structures, and deep integration of technology, market, and management post-acquisition [3][9][56] Group 3 - The report emphasizes the importance of a clear internationalization strategy, as seen in Wanhua's proactive approach to overseas expansion and M&A during the 2008 financial crisis [57] - The acquisition of BC Company not only enhanced Wanhua's global footprint but also established a benchmark for Chinese enterprises in cross-border M&A and state-owned enterprise reform [56][57] - The successful integration of BC Company into Wanhua Chemical's operations led to significant profitability improvements, with net profits exceeding commitments by 53.35 million [56][55]

中化新网讯 11月4日，铜陵化工集团与东铭实业集团有限公司签署全面战略合作协议。双方将围绕滤料 产品、智慧运维、产业链协同和数智化转型等领域开展深度合作。 此次合作秉承"平等互利、优势互补、相互支持"的原则，铜陵化工与东铭实业将在多个领域实现协同发 展。在主营业务方面，双方将聚焦高性能滤料产品供应和节能技术服务，通过应用低阻节能滤料技术， 助力铜陵化工实现滤袋寿命提升、系统能耗降低与超低排放目标；在数字化转型领域，双方将共建"蓝 天智维"工业互联网平台，融合AI算法、物联网、数字孪生等先进技术，推动除尘系统及高耗能设备实 现智能化改造与预测性维护；在供应链协同方面，双方将建立集采与战略采购机制，强化在聚苯硫醚 (PPS)树脂等原料方面的稳定合作。东铭实业将成为铜陵化工PPS短纤维产品在江苏区域的总代理，并 将共同推进合资建设PPS短纤维工厂的可行性论证，打造区域产业链优势。 此外，东铭实业还将在智能系统应用与物流平台方面为铜陵化工赋能，涵盖智能炼钢管控系统、高效节 能高压泵等产品，并提供全业务流程的工业数字化整体解决方案，包括ERP、MES、能源环保系统等， 全面提升铜陵化工供应链运营保障能力和整体运营效率。 ...

此外，东铭实业还将在智能系统应用与物流平台方面为铜陵化工赋能，涵盖智能炼钢管控系统、高效节 能高压泵等产品，并提供全业务流程的工业数字化整体解决方案，包括ERP、MES、能源环保系统等， 全面提升铜陵化工供应链运营保障能力和整体运营效率。 (陈源贵 柯瑞) 图为双方签约现场。(陈源贵 摄) 中化新网讯 11月4日，铜陵化工集团与东铭实业集团有限公司签署全面战略合作协议。双方将围绕滤料 产品、智慧运维、产业链协同和数智化转型等领域开展深度合作。 此次合作秉承"平等互利、优势互补、相互支持"的原则，铜陵化工与东铭实业将在多个领域实现协同发 展。在主营业务方面，双方将聚焦高性能滤料产品供应和节能技术服务，通过应用低阻节能滤料技术， 助力铜陵化工实现滤袋寿命提升、系统能耗降低与超低排放目标；在数字化转型领域，双方将共建"蓝 天智维"工业互联网平台，融合AI算法、物联网、数字孪生等先进技术，推动除尘系统及高耗能设备实 现智能化改造与预测性维护；在供应链协同方面，双方将建立集采与战略采购机制，强化在聚苯硫醚 (PPS)树脂等原料方面的稳定合作。东铭实业将成为铜陵化工PPS短纤维产品在江苏区域的总代理，并 将共同推进合资建 ...

Core Viewpoint - The article discusses the growth potential and market dynamics of nano silica, highlighting its applications, production methods, and the competitive landscape in the industry [5][27][41]. Summary by Sections Production Methods and Raw Materials - Nano silica is produced through various methods, including liquid phase and gas phase processes, with the liquid phase method being more common for high-purity products [4]. - The main raw materials for nano silica production include sodium silicate and concentrated sulfuric acid, with the purity of products typically exceeding 98% [4][8]. Key Technical Indicators - Nano silica exhibits superior properties compared to conventional silica, including high surface area, strong adsorption capacity, and excellent dispersion performance [5][6]. - The average particle size of nano silica ranges from 1 to 100 nanometers, making it suitable for various applications in coatings, inks, and plastics [5][8]. Cost Factors and Pricing - The production costs of nano silica vary based on the manufacturing method, with liquid phase products generally having higher prices due to their purity and application in high-value sectors [4][31]. - The market for nano silica is expected to grow significantly, with projections indicating a compound annual growth rate (CAGR) of 7.6% from 2016 to 2025, reaching a market size of approximately $5.14 billion by 2025 [27][31]. Application Fields - Nano silica is widely used in industries such as coatings, inks, plastics, and petrochemicals, serving as reinforcing agents, fillers, carriers, and thickeners [8][10]. - Specific applications include furniture, textiles, automotive coatings, and medical products, showcasing its versatility across various sectors [8][10]. Development Trends - The industry is moving towards high-end, specialized products, with an increasing focus on production technology and environmental compliance [41][42]. - There is a notable trend of domestic manufacturers gradually replacing imported high-end products as they improve their production capabilities and meet stringent quality standards [41][42]. Market Dynamics - The global market for nano silica is projected to grow from an estimated consumption of 334.83 million tons in 2015, with significant growth expected in the Asia-Pacific region [27][31]. - In China, the market size for nano silica is anticipated to exceed $1.5 billion by 2021, driven by increasing demand in various applications [27][31]. Competitive Landscape - Major international players dominate the high-end nano silica market, possessing advanced production technologies and a wide range of product applications [44][46]. - Domestic companies face challenges in competing with established foreign firms but are gradually enhancing their technological capabilities and market presence [41][44].

钱江世纪城"稻田CBD"。 在高速发展的都市里保留一片田园诗意，这一创新实践，打破了传统CBD功能单一的局限，为现 代化城市建设提供了新思路。通过打造"奥体24小时不夜城"，培育"莱福岛""桥上集市"等活动IP，钱江 世纪城正持续释放"青年向往之城"的独特魅力，目前已有21万人在这里工作生活。 丰收"交响曲" 车田"双引擎" 2025年正月初九，新春开工第二天。杭州国际博览中心八米平台上，荣盛集团、中核运维、杭州飞 鹤等10家代表钱江世纪城"闯关突围"的标杆企业，驾驶着管委会奖励的极氪新能源汽车，"即刻出发"。 这一幕，既是对22年前萧山"工业冲千亿、宝马赠英雄"的致敬，更注入了新时代的特色。 世纪城的"春之约"礼物，既有新能源汽车，也有50亩"世纪田园"的一年收益权。其价值远超物质层 面，代表着政府对企业价值的认可与尊重。 "车是跑业务的，田是养精神的，这是政府送给我们的'双引擎'，比奖金更暖心。"荣盛集团党委委 员、办公室主任卢铭动情地说。中核运维党委副书记、工会主席庞安兵也感慨，自落户以来，公司 的"能源梦"便与这片土地的"发展梦"同频共振。 作为区域经济发展的主平台，钱江世纪城始终将优化营商环境作为" ...

近日，河南一公司将592吨强酸废液偷排至城市窨井等处，多人获刑引发关注。腾讯新闻热问提问：这 对环境破坏有多大？这种废液该如何正确处置？腾讯新闻热问内行人答主"鱼缸里的假山"表示：化工厂 产生的强酸废液应被送往有资质的危险废物处理中心，通过化学中和、蒸馏回收或资源化利用等方式处 理。 ...