（来源：炭黑产业网） 产品：炭黑吨包/半吨包/阀口袋。炭黑行业老品牌，专业生产炭黑包装袋二十年！抗摔耐磨，交货快， 支持定制。厂家电话：张经理 13905333211 产品：喷雾炭黑、半补强炭黑等产品 厂家联系方式：13898335858 寻找| 国标炭黑设备维修企业 01 炭黑、白炭黑 出售| 黑又亮喷雾炭黑 军工品质 厂家直销，国内产能最大 设备类型：粉碎机、造粒机、提升机、风机等炭黑生产设备 要求：有一定规模的维修企业，也可是具备维修能力的相关设备生产企业，须有炭黑行业生产企业合作 案例。 联系电话：张总15662790101 采购| 副品/落地炭黑 要求：国标副品，不含裂解炭黑，灰分不高。 联系方式：张总15662790101 02 裂解炭黑 出售| 轮胎裂解后粗炭黑 指标：水分0.41、水洗筛余物无胶块、灰分16.3。 地址：陕西省渭南市蒲城县罕井镇<马村煤业有限责任公司院内>蒲城威马能源科技有限公司。 厂家联系方式：杨部长<杨林> 18668073251 01 炭黑、白炭黑 采购| 助燃粗炭黑 要求：热值不低于4000卡，济南周边 联系方式：19710003581 出售| 轮胎热裂解油 价格：塔底 ...

Core Insights - The "2025 China Industry Transfer Development Matching Event (Chongqing)" was held on November 25, co-hosted by the Ministry of Industry and Information Technology and the Chongqing Municipal Government, focusing on industrial transfer projects with over 150 projects collected and an intended investment amount exceeding 110 billion yuan [1][3]. Group 1: Investment Projects - Longxing Technology signed a contract for a carbon black and supporting generator production project in Changshou District, with an investment of 1.21 billion yuan to upgrade and expand production lines [3][5]. - Longxing Chemical plans to independently acquire 100% equity of Zhongyang (Chongqing) Carbon Black Co., Ltd. from CSRC (SINGAPORE) PTELTD by the end of 2024, while not pursuing the acquisition of Zhongyang (Anshan) Chemical Industry Co., Ltd. [3][5]. Group 2: Production Capacity and Challenges - Longxing Chemical's main production bases are located in Xingtai, Hebei Province, and Jiaozuo, Henan Province, which are operating at full capacity with high utilization and sales rates [3][5]. - The company faces challenges in sales volume in the Southwest region due to limitations in transportation distance and economic radius [3][5].

Summary of Yongdong Co., Ltd. Conference Call Company Overview - Yongdong Co., Ltd. specializes in carbon black and coal chemical products, with respective shares of 65% and 35%, and a high proportion of specialty carbon black at 19% [2][3] - The company has maintained a 100% capacity utilization rate since its listing in 2015, compared to the industry average of 78% [3] Financial Performance - Since its IPO in 2015, Yongdong has never reported an annual loss, with a profit of over 50 million yuan in 2015, accounting for half of the entire carbon black industry's profits at that time [4] - The lowest profit was recorded in 2022, attributed to ongoing construction projects, including a 500,000-ton coal tar deep processing project and a 40,000-ton high-end tire carbon black production line [4] - The 200,000-ton NU oil deep processing project is expected to generate a profit of 190 million yuan, indicating a positive economic outlook [4][17] Future Development Plans - By 2025, Yongdong plans to complete several projects: 500,000 tons of coal tar deep processing, a 20 MW power generation project, and a 40,000-ton high-end tire carbon black production line [2][5] - The NU oil deep processing project is expected to be operational in the first half of 2026, with plans to extend into higher value-added coal chemical products and continue R&D on specialty carbon black and lithium battery materials [2][5] Market Dynamics - Recent price increases in traditional tire rubber carbon black are driven by rising raw material costs, with the industry price having reached a cyclical bottom and showing signs of rebound [6] - The carbon black industry is currently at a cyclical low, with prices at their lowest point, but there are indications of potential recovery [9] Competitive Strategies - Yongdong employs a dual business model by integrating coal tar processing with carbon black production, enhancing its risk resistance [7] - The company focuses on R&D of new specialty carbon blacks, such as conductive and high-color carbon blacks, and aims to increase their proportion in total production [7][8] - The transition from sodium phenolate to higher-margin phenolic fine chemicals is part of the strategy to enhance profitability [7] Specialty Carbon Black Insights - Specialty carbon black has a significant price and margin difference compared to regular carbon black, currently priced at approximately 12,000 yuan/ton, with potential for future price increases [13] - The production of specialty carbon black is gradually increasing, with new production lines expected to reach full capacity by 2026 [12] R&D and Product Development - The conductive carbon black segment includes three categories: ordinary, mid-to-high-end, and lithium battery conductive carbon black, with the latter still in the trial phase [14] - Conductive carbon black currently accounts for about 5% of total revenue, with expectations for it to become a significant growth driver [14] Current Projects and Progress - Yongdong has four ongoing projects, including the 500,000-ton NU deep processing project, which is expected to be completed ahead of schedule [15][18] - The 20 MW tail gas power generation project is operational, and the 40,000-ton high-end carbon black project was completed in October [18] Market Outlook and Strategies - Despite recent underperformance in the ordinary tire carbon black market, Yongdong remains optimistic about future developments, particularly in specialty carbon black production [19] - The company plans to continue expanding its fine processing capabilities for coal tar products to enhance overall value [19] Financial Considerations - Yongdong aims to increase capacity and diversify its product line to reward shareholders and boost stock prices, while maintaining a low debt-to-asset ratio for financial stability [20]

黑猫股份（002068.SZ）11月21日在投资者互动平台表示，您好，公司导电炭黑产品可以应用于储能电 芯，感谢您对公司的关注！ （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：请问公司产品可应用于储能电芯吗？ ...

Group 1 - The core viewpoint of the article is that the company, Heimao Co., has indicated that its conductive carbon black products can be applied in energy storage cells [1] Group 2 - The application of conductive carbon black in energy storage cells suggests potential growth opportunities for the company in the renewable energy sector [1]

（文章来源：第一财经） 黑猫股份在互动平台表示，公司导电炭黑产品可以应用于储能电芯。 ...

Core Viewpoint - Longxing Technology (002442) clarifies its main business focus on the research, production, and sales of high-quality nano-grade carbon black and white carbon black, explicitly stating that it does not engage in any polyvinyl chloride (PVC) related business and has not purchased any PVC equipment [1] Group 1 - The company specializes in high-quality nano-grade carbon black and white carbon black [1] - The company does not involve itself in PVC-related business activities [1] - The company has not acquired any PVC production equipment [1]

Group 1 - The carbon black industry is experiencing a significant supply-demand imbalance, with supply growth outpacing demand growth over the past two years [1][2] - In 2025, the carbon black market is expected to face downward pressure on prices due to high inventory levels and limited demand growth, particularly in the semi-steel tire sector [2][3] - The average market price of carbon black remained stable at 5833.33 yuan/ton as of November 18, 2025, reflecting ongoing supply-demand mismatches [1][2] Group 2 - The carbon black industry is projected to see a concentrated release of new capacity between 2026 and 2028, with an expected addition of over 142.5 thousand tons, primarily from large enterprises and petroleum-based raw material producers [4] - The industry is likely to face intensified supply-demand conflicts, leading to a potential increase in the elimination rate of small carbon black enterprises and a rise in industry concentration [4] - The regional supply-demand dynamics in 2026 are expected to remain similar to 2025, with East and North China as the main supply areas and East China as the largest demand area [5]

Group 1 - The core point of the news is that Heimao Co., Ltd. experienced a decline in stock price by 5.13%, with the current share price at 10.55 yuan, a trading volume of 295 million yuan, and a turnover rate of 3.73%, resulting in a total market capitalization of 7.758 billion yuan [1] - Heimao Co., Ltd. is primarily engaged in the production and sales of carbon black, refined tar products, and white carbon black, with carbon black accounting for 75.93% of its main business revenue, refined tar products 13.13%, other products 8.51%, and white carbon black 2.43% [1] Group 2 - Among the top ten circulating shareholders of Heimao Co., Ltd., a fund under Southern Fund holds a position. The Southern CSI 1000 ETF (512100) reduced its holdings by 29,700 shares in the third quarter, now holding 4.0392 million shares, which represents 0.55% of the circulating shares. The estimated floating loss today is approximately 2.3023 million yuan [2] - The Southern CSI 1000 ETF (512100) was established on September 29, 2016, with a current scale of 76.63 billion yuan. Year-to-date returns are 27.78%, ranking 1837 out of 4212 in its category; the one-year return is 24.32%, ranking 1864 out of 3956; and since inception, the return is 13.08% [2]

Group 1: Industry Performance Overview - In the first three quarters, 540 listed chemical companies in the basic chemical sector achieved total operating revenue of 23,132.53 billion yuan, a year-on-year increase of 17.69%; net profit reached 1,196.75 billion yuan, up 8.69%, indicating continuous improvement in overall performance and solid steps towards high-quality development [1] Group 2: Subsector Performance - The potassium fertilizer market has seen strong performance, with four potassium fertilizer companies achieving total operating revenue of 20.77 billion yuan, a year-on-year increase of 60.62%; net profit reached 9.445 billion yuan, up 57.60% [2] - The refrigerant industry benefited from a sustained high demand, with five refrigerant companies reporting total operating revenue of 51.88 billion yuan, a year-on-year increase of 19.51%; net profit reached 7.446 billion yuan, up 138.04% [2] - The pesticide industry showed broad revenue growth and significant profit improvement, with 42 pesticide companies achieving total operating revenue of 164.51 billion yuan, a year-on-year increase of 6.56%; net profit reached 7.334 billion yuan, up 111.66% [3] Group 3: Challenges and Supply-Demand Imbalance - Despite some sectors performing well, supply-demand mismatches remain a major challenge for high-quality development. The carbon black industry is experiencing price declines and high costs, leading to losses for most companies [4] - The tire industry faced a decline in net profit, with six tire companies reporting total operating revenue of 31.605 billion yuan, down 3.75%; net profit fell to 0.01 billion yuan, down 559% [4] - The titanium dioxide industry is undergoing a deep adjustment, with nine companies reporting total operating revenue of 45.504 billion yuan, down 11.97%; net profit decreased to 2.515 billion yuan, down 45.67% [4] Group 4: Future Outlook - Future performance in the basic chemical sector is expected to continue to diverge, with positive prospects for refrigerants and potassium fertilizers. The price of mainstream refrigerant R32 is projected to reach 60,200 yuan per ton in Q4, an increase of 18.97% from Q3 [5] - The potassium fertilizer market's supply-demand dynamics are expected to remain tight, with high prices likely to persist [5] - Conversely, the titanium dioxide and nitrogen fertilizer industries may face challenges, with predictions of oversupply in the nitrogen fertilizer market by 2025 [5]