Group 1 - The core viewpoint of the article highlights the upcoming procurement plan for the basic design services of ultra-high molecular weight polyethylene (UHMWPE) at the CNOOC Ningbo Daxie Petrochemical, with an expected bidding date in January 2026 [2] - The project aims to establish a new UHMWPE production facility with a capacity of 40,000 tons per year, utilizing raw materials such as ethylene, hydrogen, and purchased hexane, employing a low-pressure hexane slurry process developed by the Shanghai Institute of Organic Chemistry and Sinopec Shanghai Engineering [2] - The total investment for the Daxie Petrochemical Phase VI project is approximately 1,018,418,000 yuan, which includes various production capacities such as 100,000 tons/year of high-performance olefin elastomers (HPOE) and 150,000 tons/year of carbon four comprehensive utilization [3] Group 2 - The Daxie Petrochemical Phase VI project is positioned to enhance the competitiveness of the integrated refining and chemical base by leveraging existing resources like self-produced ethylene and liquefied gas [2] - The project is strategically located in the southern area of the Daxie Petrochemical Taiping plant in Ningbo, aiming to create advanced and competitive high-function material projects [2] - The article also mentions the 2026 Future Industry New Materials Expo scheduled for June 10-12, 2026, at the Shanghai New International Expo Center, focusing on lightweight, high-strength, and sustainable materials [8]

Group 1 - The stock of Maohua Shihua (000637) closed at 4.34 yuan on January 6, 2026, with an increase of 1.17% and a turnover rate of 4.09% [1] - The net inflow of main funds on January 6 was 3.85 million yuan, accounting for 5.94% of the total transaction amount, while retail investors had a net outflow of 3.377 million yuan, representing 5.21% of the total [1][2] - The company's main business includes the production and sales of petrochemical products such as polypropylene, liquefied gas, and industrial hydrogen peroxide [2] Group 2 - For the first three quarters of 2025, Maohua Shihua reported a main revenue of 2.304 billion yuan, a year-on-year decrease of 19.24%, and a net profit attributable to shareholders of -93.73 million yuan, an increase of 18.15% year-on-year [2] - The company's debt ratio stands at 68.65%, with investment income of 2.4289 million yuan and financial expenses of 26.5739 million yuan [2] - The gross profit margin for the company is reported at 2.51% [2]

1. Report Industry Investment Rating - No relevant content provided 2. Core Views of the Report - The pure benzene market continues to operate weakly, dominated by high inventory and weak demand in the short term, with subsequent focus on import rhythm and downstream load changes [2] - The styrene market is in a supply - demand game stage, and short - term trends are mainly driven by real - world supply - demand changes, with inventory evolution as the core concern [3] 3. Summary by Relevant Catalogs 3.1 Daily Market Summary 3.1.1 Fundamental Information - **Price**: On January 5, the main contract of styrene closed down 0.77% at 6,739 yuan/ton, and the main contract of pure benzene closed down 0.75% at 5,406 yuan/ton. The main contract of Brent oil closed at $57.3/barrel (-$0.7/barrel), and the main contract of WTI crude oil closed at $60.8/barrel (-$0.5/barrel). The spot price of pure benzene in East China was 5,290 yuan/ton (-40 yuan/ton) [2] - **Inventory**: The inventory of pure benzene at East China ports was 300,000 tons (+27,000 tons), and the inventory of styrene at East China ports was 139,000 tons (+0 tons) [2] - **Supply**: The processing fees of CFR China and FOB South Korea for styrene slightly rebounded. The styrene plant load rebounded from a low level, but non - integrated plants were still in the loss range [2] - **Demand**: The overall downstream of pure benzene strengthened, while the downstream of styrene entered the off - season. The production profit of hard plastics was continuously compressed, and the finished product inventory pressure remained [2] 3.1.2 Views - **Pure Benzene**: The overseas refined oil cracking spread remains low, pressuring the aromatic hydrocarbon valuation. The domestic supply side has low processing profits, and the demand side is generally weak. In the short term, it is still dominated by high inventory and weak demand [2] - **Styrene**: Overseas supply pressure has marginally increased, and the domestic supply recovery is lower than expected. The demand side is still in the off - season, and the inventory evolution is the core concern [3] 3.2 Industry Data Monitoring - **Price and Yield Data**: From December 31, 2025, to January 5, 2026, the prices of styrene and pure benzene futures and spot, as well as upstream oil prices, showed different degrees of decline or increase. The production of styrene and pure benzene in China decreased slightly, and the inventory of pure benzene ports increased significantly [5][6] - **Capacity Utilization**: From December 26, 2025, to January 2, 2026, the capacity utilization rates of some downstream products of pure benzene and styrene showed different trends, with some increasing and some decreasing [7] 3.3 Industry News - Eight OPEC+ countries have agreed in principle to suspend oil production growth in Q1 2026 [8] - The US demands that Iran completely abandon uranium enrichment activities [8] - Other international political and energy - related news, such as the situation in Venezuela, Ukraine's sanctions, and changes in South African fuel prices [8][9][10] 3.4 Industry Data Charts - The report provides multiple charts, including those related to the prices of pure benzene and styrene, their spreads, import and domestic costs, port and factory inventories, and the capacity utilization rates of downstream products [11][14][21]

1月4日，东营市垦利区人民法院发布限制消费令，显示万达控股集团有限公司（简称"万达集团"）及法 定代表人尚吉永被列为限制高消费对象。值得注意的是，这也是尚吉永首次被法院列为限制高消费对 象。 万达集团创建于1988年，2000年9月改制成立，曾名为东营市万达集团有限公司，业务涵盖原油开采、 港口码头、石油化工、国际贸易等板块，是东营最大的民营企业之一，多年入围中国企业500强、中国 民营企业500强。 尚吉永1968年出生，曾任胜坨福利综合厂会计。1994年，尚吉永等人带头创立山东万达机电集团股份有 限公司，该公司后成为万达集团核心子公司。目前，尚吉永担任万达集团法定代表人、董事长兼总经 理，持有万达集团40.68%股份，是公司控股股东、实际控制人。 《2025) 春0506长1397 号 万站按股集团有限公司: 本院于2025年07月23日立案执行申请人北京水晶建筑装饰 有限公司申请 我行你单位建设工程施工合同创设一案,因你单 在未按执行通知书程定的照明履行生质法律文书确定的给住义 条,学院依照《中华人民共和国民事诉讼法》第二百六十六条 和《最高人民法院关于照制建筑栏人高洲重及有关消费的若干 规定》第一条, ...

新年伊始，包括民用航空安全检查规则、央行关于信用卡业务有关事项的通知等多个新政策法规自今日 起实施。航班延误什么情况下需要旅客自理食宿？信用卡透支利率有啥新规定？如何挑选适合自己汽车 的油？……中新网为您逐一盘点解惑。 [信用卡：违约金取代滞纳金 ATM取现额升至1万] 《中国人民银行关于信用卡业务有关事项的通知》自今日起实施，新规定取消现行统一规定的信用卡透 支利率标准，实行透支利率上限、下限区间管理，其中上限每日万分之五，下限万分之三点五；取消透 支消费免息还款期最长期限、最低还款额标准及附加条件现行规定；取消滞纳金，由发卡机构和持卡人 约定违约金。 《通知》将持卡人通过ATM机办理信用卡现金提取的限额，由现行每卡每日累计2000元提高至1万元， 在柜面办理现金提取则可以不受此限。新规还首次要求发卡银行通过商业保险和计提风险补偿基金等方 式，对持卡人的非本人授权交易（盗刷）予以合理补偿，以保障持卡人权益。 [加油：90、93、97号汽油正式退市] 2017年1月1日起，国V排放标准将全面实行。根据新规，现行90号、93号、97号三个汽油牌号将正式退 市，89、92、95、98号汽油登上历史舞台。 油品升级 ...

光大证券指出，基础化工、化学制品行业当前处于周期底部回升阶段，化工品价格指数有望止跌企 稳，行业整体进入底部蓄势期。在库存低位叠加需求逐步修复的背景下，下游企业补库将推动行业盈利 能力触底回升。化工行业PE估值历史分位数较高，PB估值接近2019年和2024年底部水平，显示行业仍 具较大上行空间。新兴应用领域如AI、OLED、机器人等终端市场的高景气度成为行业新增长引擎，半 导体材料受算力需求拉动持续扩张，光刻胶、湿电子化学品等核心材料处于"需求扩张+国产替代加 速"共振阶段。石油化工方面，"三桶油"在油价下行期盈利韧性凸显；基础化工子行业龙头凭借规模和 技术优势，有望在产能结构性优化中持续提升市占率。 【免责声明】本文仅代表作者本人观点，与和讯网无关。和讯网站对文中陈述、观点判断保持中立，不对所包含内容 的准确性、可靠性或完整性提供任何明示或暗示的保证。请读者仅作参考，并请自行承担全部责任。邮箱： news_center@staff.hexun.com 化工龙头ETF（516220）跟踪的是细分化工指数（000813），该指数从中国化工行业中精选涉及基 础化学品、特种材料等多个子领域的优质上市公司证券作为指 ...

智通财经APP获悉，1月6日，国家发改委发布，根据2026年1月6日的前10个工作日平均价格与2025年12 月22日前10个工作日平均价格对比情况，按照现行成品油价格机制，本次国内汽、柴油价格不作调整。 本文编选自：国家发展改革委微信公众号；智通财经编辑：陈筱亦。 ...

Core Viewpoint - The Guangxi Petrochemical Integration Project has successfully transitioned from a "fuel-type" to a "chemical material-type" operation with the commissioning of China's first epoxy propylene-styrene (POSM) co-production unit, marking a significant milestone in the industry [1]. Group 1: Project Overview - The POSM unit is a critical component of the petrochemical chain, featuring 35 towers, 21 reactors, and over 400 rotating devices, covering an area larger than that of an ethylene unit [2]. - The project was completed in 24 months, setting a new domestic record for similar installations, with a full process integration achieved in just 48 hours [1][2]. Group 2: Technical Challenges and Solutions - The waste alkali incinerator posed significant operational challenges, often leading to reduced efficiency in similar domestic units [2]. - A dedicated technical research team conducted in-depth investigations into existing units that faced issues, transforming identified risks into stringent technical requirements for suppliers [2]. Group 3: Engineering Innovations - The project team implemented an "surgical" optimization plan for the installation of two large oxidation reactors, which are crucial for the unit's operation, allowing for better space management and time savings [4][5]. - The transportation of these reactors faced logistical challenges, including low water levels and adverse weather, but the team successfully coordinated efforts to ensure timely delivery [5]. Group 4: Team Dynamics and Performance - The project was executed by a young and resilient team of fewer than 20 core members, all with 10 to 15 years of experience, emphasizing a collaborative problem-solving approach [7]. - The team managed to adapt to significant design changes during peak periods, demonstrating flexibility and commitment to project goals [7]. Group 5: Operational Success - The POSM unit has been in stable operation for over two months, producing high-quality products that meet leading domestic performance indicators [7]. - The project is now recognized as an industry benchmark not only for construction speed but also for operational efficiency, environmental performance, and product quality [7].

| 石油化工 | 基本金属 | 保障 | | 券商 | | --- | --- | --- | --- | --- | | 4.48% | 3.42% | 3.41% | | 3.39% | | | 化工原料 | 工程机械 | 能源设备 | 多元金融 | | 贵金属 | 2.99% | 1.92% | 1.90% | 1.87% | | 4.46% | | 煤炭 | 综合类 | 包装 | | | 六合体 | 1.76% | 1.56% | 1.41% | | | 2.22% | | 精细化工 | 医疗保健 | | 化肥农药 | | 房地产 | 1.41% | 1.31% | | 3.65% | 石油天然气 | 1.62% | 贸易 | 互联网 | | | 1.93% | | 1.39% | 1.25% | | 环保 零售 0.40% | 工业机械 0.26% | 日用化工 0.10% | 通信设备 | | | | | | -1.08% | | | 制药 水务 | 银行 | 燃气 | | | | 0.34% | 0.25% | 0.05% | | | | 公路 | 办公用品 | 休闲用品 | 林木 -1.33% ...

Core Viewpoint - Liaohe Petrochemical Company has successfully completed the upgrade and replacement of 847 high-energy-consuming motors, which is expected to save 11.67 million kWh of electricity annually and reduce carbon dioxide emissions by approximately 6,800 tons [1] Group 1: Energy Efficiency and Environmental Impact - The upgraded motors are projected to save 7 million yuan in electricity costs annually [1] - Motors account for over 60% of total energy consumption in industrial production [1] - The company aims to complete the elimination of 847 high-energy-consuming motors by 2025 [1] Group 2: Project Management and Execution - A dedicated task force was established, comprising departments such as mechanical equipment, production operations, and material procurement, to manage the project [1] - A "daily reporting and weekly coordination" mechanism was implemented to ensure precise scheduling and accountability [1] - The company addressed 33 typical issues through a categorized "issue resolution list" to ensure a closed-loop rectification process [1] Group 3: Operational Improvements - The company adopted a phased operation model, completing the acceptance of 950 motors and installation of 887 motors ahead of schedule by 30 days [1] - The average operational noise of the new motors has decreased by 3 to 5 decibels, and the failure rate has dropped by over 60% compared to before the upgrade [1] - Expected reductions in equipment maintenance and downtime losses are estimated to be an additional 2 million yuan [1]