周四化工ETF上涨0.21%，跑赢上证指数0.22个百分点，消息面上： 化工ETF紧密跟踪中证细分化工产业主题指数，中证细分产业主题指数系列由细分有色、细分机械等7 条指数组成，分别从相关细分产业中选取规模较大、流动性较好的上市公司证券作为指数样本，以反映 相关细分产业上市公司证券的整体表现。 1、盐湖提锂: 2月25日，津巴布韦一周之内再出禁令，暂停所有精矿出口。26年津巴布韦产量规模约 20.8万吨LCE，占全球供给约10%，暂停单月影响约1.7万吨，或推动全球锂盐供应短期紧张，利好国内 盐湖锂提企业。 数据显示，截至2026年1月30日，中证细分化工产业主题指数(000813)前十大权重股分别为万华化学、 盐湖股份、藏格矿业、天赐材料、华鲁恒升、恒力石化、巨化股份、宝丰能源、云天化、荣盛石化，前 十大权重股合计占比44.82%。 2、磷化工: 2月18日，特朗普签署行政令，援引《国防生产法》将元素磷（elemental phosphorus）及草 甘膦等关键除草剂纳入国防关键物资，并明确要求任何实施规则不得危及国内生产商的持续经营能力。 此前2025年11月，美国内政部及USGS已新将磷酸盐纳入关键矿产 ...

2月26日，磷化工概念反复活跃，澄星股份3连板，金正大6天4板，清水源、川金诺、新化股份跟涨。 消息面上，美国将磷元素及草甘膦除草剂提升至国家安全优先事项，指出这两种物资的短缺将对国家安 全构成直接威胁。 拓展阅读 化工ETF是目前年内最受资金青睐的主题ETF之一。 回顾2月25日，稀土、磷化工板块爆发，Wind稀土、磷化工概念指数分别上涨8.45%和6.74%。 当日在板块带动下，稀土主题ETF（交易型开放式指数基金）领涨股票型ETF，多只稀土主题ETF涨幅 超过5%。 从板块表现来看，化工相关板块近期有所异动。Wind数据显示，2月24日和25日，磷化工指数连续两日 大涨，涨幅分别为8.41%和6.74%；稀土、稀有金属等板块也在2月25日爆发。 周期板块频获关注 对于化工板块近期频频异动的原因，泰石投资董事总经理韩玮在接受《国际金融报》记者采访时表示， 国外磷化工产品管制政策、国内"反内卷"政策与行业复苏周期三重效应相叠加，导致化工板块受到投资 者追捧。 化工主题ETF虽未在当日大涨，但相关ETF已是今年以来最受资金青睐的品种。数据显示，截至2月24 日，1只细分化工ETF年内净流入额超165亿元，份额 ...

2月26日，A股三大股指开盘走势分化，其中沪指涨0.09%报4151.07点，深成指涨0.14%报14495.86点， 创业板指跌0.24%报3346.74点，科创50指数涨0.37%报1478.73点。锂矿概念大幅高开，金圆股份封一字 涨停，江特电机、永杉锂业、国城矿业、大中矿业、融捷股份、永兴材料等涨幅靠前；磷化工板块延续 强势，澄星股份3连板，六国化工、和邦生物、川发龙蟒、湖北宜化、云天化跟涨。昨日市场冲高回 落，创业板指盘中一度涨超2%，沪深两市成交额达2.2万亿，全市场超4000只个股上涨，其中109只个 股涨停。 盘面上，市场焦点股豫能控股（5板）高开0.09%，电网设备板块汉缆股份（4板）低开0.61%，光纤光 缆概念股法尔胜（3板）低开0.41%，算力工程概念股罗曼股份（3板）低开0.01%，有色金属板块江钨 装备（5天4板）高开2.03%，磷化工板块澄星股份（2板）高开10.03%。 公司动态：减持、停牌、更名与立案，多事交织 牧原股份：公司于2026年2月25日召开第五届董事会第十三次会议，审议通过《关于变更公司名称的议 案》，拟将公司名称由"牧原食品股份有限公司"变更为"牧原食品集团股份 ...

日前，磷元素及草甘膦除草剂被提升至美国国家安全优先事项。2月24日，马年首个交易日，A股 磷化工板块持续走高，多股涨停。 磷作为一种常见元素，为何成为战略资源？磷短缺影响哪些行业发展？节磷用磷有哪些前沿技术？ 针对这些热点问题，科技日报记者采访了业内专家。 第一问：磷为何成为战略资源？ "磷资源短缺将直接冲击农业、新能源、化工基础原料三大核心行业。"中国磷复肥工业协会秘书长 李光说，磷肥与氮肥、钾肥并称为粮食生产的"三大要素"，未来，全球磷肥需求预计显著增长。2022 年，受地缘冲突影响，国际磷肥价格最大涨幅约300%，多国禁止磷肥出口以保障国内供应。 在新能源行业，磷酸铁锂需求爆发式增长，每生产1吨磷酸铁锂需消耗约2吨高品位磷矿。"中国虽 是全球最大草甘膦和磷肥生产国，但优质磷矿资源有限，企业需通过'矿化一体'模式保障原料供应，否 则将失去新能源材料市场竞争力。"李光说。 在化工基础原料方面，黄磷是草甘膦、三氯化磷等中间体的核心原料。若磷矿短缺，黄磷价格将进 一步上涨，推高下游化工品成本。当前，草甘膦95%原药报价维持在2.75万元/吨左右，部分企业因成本 压力选择惜售。 第三问：采用哪些前沿技术可以节省磷 ...

A股开盘，三大指数涨跌不一，沪指涨0.09%报4151.07点，深证成指涨0.14%，创业板指跌0.24%。盘面 上，津巴布韦官宣暂停出口锂精矿和原矿，碳酸锂连续主力合约日内触及涨停，锂矿股普遍高开；磷化 工板块涨势延续，澄星股份3连板。 ...

磷化工板块延续强势，澄星股份3连板，六国化工、和邦生物、川发龙蟒、湖北宜化、云天化跟涨。 ...

Core Viewpoint - Xingfu Electronics (688545.SH) has achieved steady growth in its annual performance for 2025, driven by the increasing sales of its core products and the ongoing domestic semiconductor materials localization trend [1][2]. Financial Performance - In 2025, the company reported total revenue of 1.475 billion yuan, a year-on-year increase of 29.72% - Net profit attributable to shareholders reached 208 million yuan, up 30.37% year-on-year - The net profit after deducting non-recurring gains and losses was 198 million yuan, reflecting a 25.89% increase year-on-year - Basic earnings per share stood at 0.59 yuan, with both revenue and net profit showing double-digit growth [1]. Product and Market Development - The growth in performance is attributed to the steady increase in the production and sales of core products, successful development of new products and customers, and significant profit growth [1][2]. - The sales volume of general wet electronic chemicals reached 71,400 tons in the first half of 2025, representing a year-on-year increase of 53.35%, with sales revenue of 454 million yuan, up 38.84% year-on-year [2]. - The sales volume of functional wet electronic chemicals was 4,100 tons, showing an 18.43% increase year-on-year, with sales revenue of 9.3 million yuan, a 10.95% increase year-on-year [2]. Strategic Initiatives - Xingfu Electronics plans to invest 480 million yuan to construct a 40,000 tons/year electronic-grade phosphoric acid project, enhancing its industrial layout in the semiconductor wet electronic chemicals sector [2]. - The company has developed a strong market competitiveness through independent research and technological innovation, holding a total of 151 authorized intellectual property rights, including 148 patents [3].

2026年2月24日至25日，A股市场掀起了一股罕见的涨停风暴。 川金诺、清水源、安达科技、川发龙蟒、云天化、金浦钛业、澄星股份、六国化工、司尔 特、和邦生物、金正大、天际股份等超过12只磷化工概念股接连涨停或大幅上涨。 板块内45只概念股全线飘红，成为市场最耀眼的主线。 这场突如其来的行情，源头远在大洋彼岸。 2026年2月18日，美国总统特朗普签署了一项援引《国防生产法》的行政命令。 这份命令将元素磷和草甘膦除 草剂正式列为"国家安全优先事项"。 白宫的声明明确指出，这两种关键材料中任何一种的供应中断，都可能使美国的国防工业基础和粮食供应暴露于风 险之下。 这并非美国第一次关注磷资源。 早在2025年11月，美国地质调查局（USGS）就已经将磷酸盐列入了其关键矿产清单。 从关键矿产到国家安全物资，磷 的战略地位在短短几个月内被连续拔高。 这意味着，磷不再仅仅是一种化工原料或化肥成分，而是被正式定义为关乎国防和粮食安全的战略资源。 磷之所以如此重要，是因为它横跨了军工、农业和新能源三大关键领域。 在军工方面，磷是制造烟雾弹、照明弹、燃烧剂以及半导体关键组件（如磷化 铟衬底）的核心原料。 在农业领域，磷是磷肥 ...

（来源：市场星报） 整体而言，节后红包行情虽如期而至，但分化格局略超节前市场预期。这种强弱分明的分化背后或许并 非偶然，而是节前行情提前演绎、海外事件催化、业绩披露窗口期临近等多重因素共振的结果，也揭示 了当前资金从情绪驱动的题材炒作，转向基本面支撑的确定性配置的核心思路。 A股三大指数周三集体上涨，截至收盘，沪指涨0.72%，收报4147.23点；深证成指涨1.29%，收报 14475.87点；创业板指涨1.41%，收报3354.82点。沪深京三市成交额达到24812亿元，较昨日放量2628 亿元。个股方面，上涨股票数量超过3700只，逾百股涨停。 周三，尽管A股午后冲高回落，但市场仍如期迎来节后两连涨，整体呈现"结构性红包"行情。盘面上， 稀土、磷化工、锂矿、航运、油气等顺周期细分板块表现突出，涨幅位居前列；与之形成鲜明对比的 是，传媒、银行、通信及家用电器等板块走势疲软，纷纷走低，市场分化特征十分明显。值得注意的 是，节后两日的反弹行情中，这种分化态势尤为突出。前期备受市场追捧的春节题材股全线回落，而以 涨价逻辑为核心的顺周期板块则连续两日领涨，成为资金布局的核心主线。其中，周期类板块多点开 花、持续强 ...

Market Overview - The A-share market showed a significant increase in both volume and price, with a total trading volume of 2.46 trillion, up 260.5 billion from the previous trading day, indicating improved liquidity [1] - Major indices performed well, with the ChiNext Index and Shenzhen Component Index both rising over 1%, and more than 3,700 stocks in the market showing gains, highlighting a strong profit-making effect [1] - Market sentiment was characterized by rapid rotation of hotspots among sectors, increasing operational difficulty for investors [1] Sector Performance 1. Small Metals - The small metals sector experienced explosive growth driven by favorable policies and supply-demand dynamics, with the White House planning to use AI models for pricing key minerals like germanium, gallium, antimony, and tungsten [2] - Domestic prices for tungsten, rare earths, and tin have been rising, leading to a rapid increase in industry prosperity [2] 2. Phosphate Chemicals - The phosphate chemical industry also saw strong performance, catalyzed by the U.S. listing phosphate and glyphosate as defense materials, which enhanced demand expectations [3] - However, caution is advised as funds may flow back to sectors like semiconductors and commercial aerospace, potentially diverting capital from small metals and phosphate chemicals [3] 3. PCB Industry Chain - The PCB industry chain showed robust performance, with upstream materials like electronic cloth and copper foil being the main drivers of growth [4] - Positive demand expectations were fueled by Nvidia's upcoming earnings report and the planned launch of new chips at the GTC conference, which are critical components for high-end PCBs [4] - There is noticeable sector differentiation, with previous leaders in the CPO segment experiencing a pullback due to lowered demand expectations from institutions [4] 4. Advanced Packaging - The advanced packaging sector was active, driven by industry expansion and technological upgrades, with companies like Shenghe Jingwei increasing investment in 3D packaging projects [5] - Major players like TSMC and Samsung are also ramping up investments in advanced packaging, alongside accelerated domestic AI chip expansion [5] - However, the sector faces pressure from a sluggish memory chip market, which could impact upstream segments of advanced packaging if the trend continues [5] 5. Real Estate - The real estate sector performed well, driven by sudden policy support from Shanghai, which introduced measures to lower home purchase thresholds and support reasonable housing demand [7] - Key adjustments include reducing the social security and individual income tax requirements for non-local buyers and increasing public housing loan limits [7] - As a bellwether for the national market, Shanghai's policy aims to stimulate demand and boost confidence in the real estate sector, with potential follow-up actions from other cities [7] - Long-term trends indicate the end of the real estate cycle, with a shift in residential property allocation from 80% to 50%, aligning more with Western models [8]