Core Viewpoint - Jiangsu Sop Group is undergoing a transformation centered on employee health, aligning with the "Healthy China" strategy and aiming for high-quality development while safeguarding employee well-being [1] Group 1: Health and Safety System - The company emphasizes a dual focus on employee health and safety production, establishing a comprehensive health enterprise construction system [2] - Occupational health management serves as the backbone of this system, adhering to national laws and regulations, and implementing various management protocols [2] - Regular training for management personnel ensures effective leadership and execution of health management practices [2] Group 2: Work Environment - A healthy work environment is prioritized, with initiatives like a "smoke-free factory" policy and comprehensive management of dust and harmful gases [3] - The company has created 14 "Employee Health Rooms" equipped with basic health monitoring tools, facilitating easy access to health information for employees [3] - Environmental hygiene teams are established to maintain sanitation, and 52 water purifiers are installed to enhance drinking water quality [4] Group 3: Health Activities - The company organizes annual health check-ups and specialized screenings for female employees, creating dynamic health records for early detection and intervention [5] - Participation in health competitions has led to recognition for employee health awareness and skills [5] - Facilities for various sports and activities promote a culture of "happy work, healthy life," enhancing employee physical fitness and morale [5] Group 4: Health Culture - The company focuses on cultivating a health culture, conducting educational activities to improve employees' health management awareness [6] - Psychological support services are provided to address employees' mental health needs, fostering a supportive work environment [6] - Regular training in emergency response skills adds an additional layer of health security for employees [6] Group 5: Future Outlook - Through a series of unique initiatives, the company integrates health concepts into its corporate culture, enhancing employee belonging and cohesion [7] - The company plans to continue advancing health enterprise construction and exploring new methods for employee health management [7]

Core Viewpoint - Fumiao Technology (688350.SH) reported a decline in institutional ownership in its Q3 2025 financial results, with a total of 5 institutional investors holding 64.1542 million shares, representing 52.52% of the total share capital, a decrease of 3.14 percentage points from the previous quarter [1] Institutional Ownership - As of October 30, 2025, institutional investors include Yongzhuo Holdings Limited, Jiangsu Feixiang Chemical Co., Ltd., Jiangsu Fumiao Technology Co., Ltd. - 2022 Employee Stock Ownership Plan, Beijing Ruishibang Fine Chemical Technology Co., Ltd., and Yinhua Huiyi One-Year Holding Period Mixed A [1] - The total institutional ownership percentage decreased by 3.14 percentage points compared to the previous quarter [1] Public Fund Activity - One new public fund disclosed its holdings this quarter, namely Yinhua Huiyi One-Year Holding Period Mixed A [1] - A total of 37 public funds were not disclosed in this quarter compared to the previous quarter, including major funds such as Dacheng Jingheng Mixed A, Zhongjia Specialized and New Quantitative Stock Selection Mixed Initiation A, and others [1]

Group 1 - The core viewpoint of the news is that Kangpeng Technology's stock performance and financing activities indicate a high level of investor interest, despite a slight decline in stock price on October 30 [1] - On October 30, Kangpeng Technology's stock fell by 0.47%, with a trading volume of 62.57 million yuan. The net financing purchase was 1.59 million yuan, with a total financing balance of 96.62 million yuan, accounting for 4.41% of the circulating market value [1] - The company has a high financing balance, exceeding the 80th percentile of the past year, indicating strong investor engagement [1] Group 2 - As of September 30, the number of shareholders for Kangpeng Technology increased by 12.95% to 11,600, while the average circulating shares per person decreased by 9.86% to 22,300 shares [2] - For the period from January to September 2025, Kangpeng Technology reported a revenue of 596 million yuan, representing a year-on-year growth of 13.79%. However, the net profit attributable to the parent company was a loss of 3.95 million yuan, although this was an improvement of 77.23% year-on-year [2] - Since its A-share listing, Kangpeng Technology has distributed a total of 34.28 million yuan in dividends [2]

Core Viewpoint - Baichuan Co., Ltd. reported a revenue of 1.367 billion yuan in Q3 2025, marking a year-on-year increase of 7.32%, with a total revenue of 4.277 billion yuan for the year-to-date, reflecting a growth of 9.40% [1] Group 1: Company Performance - The company is a leader in fine chemicals, new materials, and new energy, actively expanding its presence in the lithium battery materials sector [1] - Baichuan has established a complete lithium battery industry chain from upstream raw materials to downstream lithium-ion batteries [1] - The subsidiary Haiji New Energy is a key growth driver, focusing on the R&D, production, and sales of lithium-ion batteries and energy storage systems [1] Group 2: Technological Advancements - Haiji's quasi-solid-state battery has achieved significant upgrades in safety, lifespan, and temperature adaptability, with a thermal runaway threshold increased from 170°C to 230°C [2] - The quasi-solid-state battery can undergo over 10,000 cycles at 25°C, covering a lifespan of 10-15 years, thus reducing lifecycle costs [2] - The battery's energy density has improved by 25% compared to current liquid systems, with a mass energy density of ≥220Wh/kg and a volume energy density of ≥480Wh/L [2] Group 3: Market Outlook - The recent launch of the 135Ah 1C energy storage cell demonstrates robust charge and discharge performance, achieving energy efficiency of ≥95% [3] - Haiji New Energy's technological breakthroughs and multi-scenario applications are expected to create a differentiated competitive barrier [3] - The growth potential of the quasi-solid-state battery aligns with the scaling of the energy storage industry and emerging demands in low-altitude economy and high-end manufacturing [3]

Core Viewpoint - Yangfan New Materials (SZ 300637) announced plans for share reductions by several shareholders, including major stakeholders and executives, which may impact investor sentiment and stock performance [1][2]. Shareholder Reduction Plans - Ningbo Xinfan Investment Management Co., Ltd., holding approximately 8.41 million shares (3.58% of total shares), plans to reduce its holdings by up to 2.35 million shares (1% of total shares) within three months from the announcement date [2]. - CEO Tao Ming, holding about 61,600 shares (0.03% of total shares), intends to sell up to 15,400 shares (0.01% of total shares) within three months after 15 trading days from the announcement [2]. - Vice President Liu Hui, with approximately 79,800 shares (0.03% of total shares), plans to reduce his holdings by up to 20,000 shares (0.01% of total shares) within three months after 15 trading days from the announcement [2]. - Vice President Zhu Junfei, holding about 61,600 shares (0.03% of total shares), also plans to sell up to 15,400 shares (0.01% of total shares) within the same timeframe [2]. - CFO Shang Guanyun, with approximately 55,600 shares (0.02% of total shares), intends to reduce his holdings by up to 13,900 shares (0.01% of total shares) within three months after 15 trading days from the announcement [2]. Company Financial Overview - For the year 2024, Yangfan New Materials' revenue composition is entirely from fine chemicals, accounting for 100% of its revenue [3]. - As of the latest report, the market capitalization of Yangfan New Materials is 3 billion yuan [3].

本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 江苏丰山集团股份有限公司（以下简称"公司"）根据上海证券交易所《上 市公司行业信息披露指引第十三号——化工》要求，现将 2025 年前三季度主要 经营数据披露如下： 注：其中，精细化工产品（对氯甲苯）供公司生产除草剂时作为原料使用的数量为 975.04 吨。 二、主要产品和原材料的价格变动情况 （一）主要产品价格（不含税）变动情况 | 证券代码：603810 | 证券简称：丰山集团 | 公告编号：2025-067 | | --- | --- | --- | | 转债代码：113649 | 转债简称：丰山转债 | | 江苏丰山集团股份有限公司 2025 年前三季度主要经营数据公告 主要产品 产量（吨） 销量（吨） 营业收入（万元） 除草剂 12,734.57 12,209.92 55,922.48 杀虫剂 4,669.81 5,061.94 18,581.55 杀菌剂 427.12 388.01 2,448.25 精细化工 16,192.68 13,818.02 7,746.59 ...

Group 1 - The core viewpoint of the news is that Tianqi Materials has seen a significant stock price increase, with a 5.08% rise on October 30, reaching 40.98 CNY per share, and a cumulative increase of 18.47% over the past five days [1] - Tianqi Materials is primarily engaged in the research, production, and sales of fine chemical new materials, with 89.66% of its revenue coming from lithium-ion battery materials [1] - The company has a total market capitalization of 784.50 billion CNY and a trading volume of 37.10 billion CNY on the reporting date [1] Group 2 - According to data, one fund from ICBC Credit Suisse has Tianqi Materials as a top ten holding, with 179.8 million shares held, representing 3.31% of the fund's net value [2] - The lithium battery ETF (159840) has generated a floating profit of approximately 3.56 million CNY today and 10.93 million CNY during the five-day increase [2] - The lithium battery ETF has a total scale of 20.7 billion CNY and has achieved a year-to-date return of 69.62% [2] Group 3 - The fund manager of the lithium battery ETF is Liu Weilin, who has a total fund asset scale of 669.38 billion CNY and has been in the position for 11 years and 17 days [3] - During Liu Weilin's tenure, the best fund return was 127.46%, while the worst was -98.63% [3]

Core Viewpoint - The 18th Tianjushi Technology Forum focuses on the theme "Breaking the Game, Transforming: Co-creating a New Chapter in Fine Chemicals and Synthetic Biology Industry," aiming to gather top talents from academia and industry to explore the direction of industrial development and promote practical cooperation [1][5]. Group 1: Opening Remarks - Dr. Chen Ping, Vice Chairman of the Tianjushi Technology Forum Committee, emphasized the transition of the fine chemicals and synthetic biology industry towards high-end, intelligent, and green development, highlighting the forum's role in facilitating thought collisions and transforming them into actual development momentum [5][7]. - Mr. Yue Min, Chairman of Shenzhen Yanyi New Materials Co., Ltd., stated that innovation must translate from laboratory results to industrial value, viewing the forum as a collaborative accelerator to bridge the "last mile" of industrialization [7]. Group 2: Keynote Speeches - Dr. Li Yan, Director of the Material Chemical Department at the Petroleum and Chemical Industry Planning Institute, discussed the innovation and development of the fine chemical industry during the 14th Five-Year Plan, noting a shift from "large quantity" to "qualitative change" and emphasizing the need for continuous innovation in high-performance resins and green processes [10][12]. - Professor Liu Dehua from Tsinghua University highlighted the significance of transitioning from "mineral refining" to "biological refining," marking it as a milestone for sustainable economic development and sharing advancements in biodiesel and PDO bio-refining technologies [12][14]. - Dr. Jerry Lin, CEO of Zhongfu Application Industry Co., Ltd., pointed out the continuous growth of the global semiconductor materials market, with China holding over half of the market share, while emphasizing the urgent technical needs in photolithography and related reagents [14][16]. - Mr. Wu Shaohua, Chief Designer of Tianjushi Group, introduced a new engineering technology model that addresses industrialization bottlenecks, ensuring project success and promoting a technology-driven transformation in the industry [16][18]. - Dr. Xia Jianye from the Tianjin Institute of Industrial Biotechnology presented an intelligent solution for fermentation processes, marking a shift from experience-driven to data and model-driven approaches [18][20]. - Mr. Su Zhenyu, a safety expert, discussed strategies for eliminating catastrophic accidents in the chemical industry, emphasizing the importance of risk prevention at multiple management levels [20][22]. - Professor Sun Fuchun from Tsinghua University addressed the transformative role of artificial intelligence in reshaping industries and society, while also acknowledging the challenges it presents [22][24]. Group 3: Industry-Academia Dialogue - A dialogue session featured discussions among experts on sustainable development in fine chemicals, key factors for synthetic biology, intelligent fermentation, safety management in process design, and the advantages of the flow battery industry, injecting new ideas for high-quality industrial development [24][26].

二、主要产品及原材料的价格变动情况 证券代码：600328 证券简称：中盐化工 公告编号：2025-098 中盐内蒙古化工股份有限公司 2025 年第三季度主要经营数据的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 中盐内蒙古化工股份有限公司（以下简称"公司"）根据上海证 券交易所《上市公司行业信息披露指引第七号-医药》《上市公司行 业信息披露指引第十八号-化工》及《关于做好上市公司 2025 年第三 季度报告披露工作的通知》要求，现将公司 2025 年第三季度主要经 营数据披露如下： | 主要原材料 | 2024 | 年第三季度平 均采购价（含税） | 2025 年第三季度平 均采购价（含税） | 变动比例 （%） | | --- | --- | --- | --- | --- | | 原盐（元/吨） | | 155.33 | 125.38 | -19.28% | | 石灰石（元/吨） | | 65.33 | 66.08 | 1.14% | | 焦炭（元/吨） | | 1,459.20 | 1,346.27 | ...

Core Points - Tianqi Materials has seen a stock price increase of 5.18% on October 29, reaching 39.17 CNY per share, with a trading volume of 4.349 billion CNY and a turnover rate of 8.35%, resulting in a total market capitalization of 74.985 billion CNY [1] - The stock has risen for four consecutive days, with a cumulative increase of 13.12% during this period [1] Company Overview - Guangzhou Tianqi High-tech Materials Co., Ltd. is located in Huangpu District, Guangzhou, Guangdong Province, and was established on June 6, 2000, with its listing date on January 23, 2014 [1] - The company specializes in the research, production, and sales of fine chemical new materials, with its main business revenue composition being: lithium-ion battery materials 89.66%, daily chemical materials and specialty chemicals 8.73%, and others 1.61% [1] Fund Holdings - According to data, the Shangyin Fund has a significant holding in Tianqi Materials, specifically in the Shangyin Value Growth 3-Month Holding Period Mixed A Fund (013284), which held 12,000 shares in the third quarter, accounting for 2.84% of the fund's net value, making it the fourth-largest holding [2] - The fund has realized a floating profit of approximately 23,200 CNY today and 51,800 CNY during the four-day increase [2] Fund Manager Performance - The fund manager Zhao Zhiyue has a tenure of 10 years and 173 days, with a total asset scale of 1.768 billion CNY, achieving the best fund return of 137.07% and the worst return of -42.27% during his tenure [3] - Co-manager Chen Bo has a tenure of 5 years and 271 days, managing assets of 791 million CNY, with the best return of 87.03% and the worst return of -8.38% during his tenure [3]