Core Viewpoint - The chemical industry is experiencing mixed price movements, with 33 products increasing in price, 31 decreasing, and 36 remaining stable during the week of September 15-21. The report highlights the impact of various macroeconomic factors on the industry, including oil prices and supply-demand dynamics [1][3][4]. Chemical Industry Overview - During the week of September 15-21, 40% of tracked chemical products saw a month-on-month price increase, while 47% experienced a decrease, and 13% remained stable [1][3]. - The top gainers in average weekly prices included acetic acid (East China), NYMEX natural gas, sulfur (CFR China spot price), calcium carbide (East China), and trichloroethylene (East China) [3]. - The top losers in average weekly prices were vitamin E, nitric acid (East China), epoxy chloropropane (East China), dichloromethane (East China), and polyester FDY (East China) [3]. Oil Market Dynamics - International oil prices saw a slight decline, with WTI crude oil futures closing at $62.68 per barrel (down 0.02%) and Brent crude oil futures at $66.68 per barrel (down 0.46%) [4]. - U.S. crude oil production averaged 13.482 million barrels per day, a decrease of 13,000 barrels from the previous week but an increase of 282,000 barrels year-on-year [4]. - U.S. oil demand totaled 20.637 million barrels per day, an increase of 856,000 barrels from the previous week, with gasoline demand at 8.810 million barrels per day, up 302,000 barrels [4]. Fertilizer Market Insights - Urea prices decreased, with the average market price on September 19 at 1,675 yuan per ton, down 0.95% week-on-week and 11.70% year-on-year [6]. - The average daily production of urea was 193,300 tons, an increase of approximately 5,700 tons week-on-week [6]. - The average operating load of compound fertilizer was 40.78%, showing a slight increase of 1.42 percentage points from the previous week [6]. Investment Recommendations - The SW basic chemical sector's price-to-earnings ratio (TTM) is at 25.29 times, in the 75.31% historical percentile, while the price-to-book ratio is at 2.21 times, in the 52.99% historical percentile [8]. - The SW oil and petrochemical sector's price-to-earnings ratio (TTM) is at 11.50 times, in the 23.70% historical percentile, and the price-to-book ratio is at 1.14 times, in the 19.28% historical percentile [8]. - Key investment themes include the resilience of oil prices, the growth potential in new materials, and the recovery of demand supported by policy measures [9].

Core Viewpoint - The article discusses the challenges faced by New潮能源 (ST New潮, 600777.SH) following its delayed annual shareholder meeting and the implications of regulatory penalties, management transitions, and ongoing litigation affecting its operations and stock performance [1][2]. Group 1: Regulatory and Financial Issues - New潮能源 is facing a penalty of 3 million yuan and warnings for delaying its annual report by over two months, with additional fines for two former executives totaling 2 million yuan [1]. - The company has received a "disclaimer of opinion" audit report from its auditor, which has led to a risk warning for delisting. If the audit opinion does not improve by the 2025 fiscal year, the company may face termination of its listing [1][14]. Group 2: Shareholder Meeting Insights - The annual shareholder meeting on September 19 lasted only about 18 minutes, with management leaving shortly after, leading to dissatisfaction among shareholders who traveled long distances to attend [2][6]. - Key concerns among shareholders included whether the current board has control over overseas assets and the status of ongoing litigation in the U.S. [7][10]. Group 3: Management Transition and Control Issues - The transition of control from the previous management to the new board, backed by 伊泰B股 (900948.SH), has encountered obstacles, particularly regarding the control of core assets located in the U.S. [9][8]. - The new management's ability to effectively manage the company and its overseas assets remains uncertain, raising concerns about the future direction of New潮能源 [18]. Group 4: Stock Performance and Market Reaction - Despite being under a delisting risk warning, New潮能源's stock has seen significant gains, with a 70% increase year-to-date and nine consecutive trading days of price increases following its resumption of trading [15].

Core Viewpoint - The annual shareholder meeting of New潮能源 (ST New潮, 600777.SH) was held on September 19, 2023, amidst significant investor concern regarding the company's delayed annual report and ongoing issues related to control and litigation, raising questions about its future and potential delisting risks [2][3][11]. Group 1: Company Issues - New潮能源 is facing a penalty from the Shandong Securities Regulatory Bureau for delaying its annual report, which includes a warning and a fine of 3 million yuan, along with fines totaling 2 million yuan for two former executives [2]. - The company is currently entangled in a power struggle between new and old management, complicating the transition of control following the acquisition of a 50.10% stake by 伊泰B股 (900948.SH) [11]. - New潮能源's stock has been placed under delisting risk warnings due to an "unable to express opinion" audit report from its auditor, which could lead to termination of listing if the situation does not improve by the 2025 annual report [2][11]. Group 2: Shareholder Meeting Insights - The annual shareholder meeting lasted approximately 18 minutes, with management leaving shortly after, leading to dissatisfaction among shareholders who felt there was insufficient opportunity for questions [3][10]. - Key concerns among shareholders included whether the current board has control over overseas assets and the status of ongoing litigation in the U.S. [11][12]. - The management's response to inquiries about the U.S. litigation was limited, emphasizing the company's position as the sole ultimate shareholder of its U.S. subsidiary [13]. Group 3: Future Outlook - There are uncertainties regarding the company's ability to "remove the star" (delisting risk) due to ongoing issues with its audit and litigation, which could impact investor confidence [14][15]. - Despite being under delisting risk, New潮能源's stock has seen a significant increase of over 70% year-to-date, with nine consecutive trading days of gains following its resumption of trading [16]. - Concerns remain about the ability of 伊泰 to effectively manage New潮能源, with investors expressing doubts about the stability of the company's control and the risks involved [16].

Core Viewpoint - The annual shareholder meeting of *ST New潮 (New潮 Energy) was held on September 19, 2023, amidst significant investor interest despite the company's recent challenges, including regulatory penalties and ongoing control disputes [2][3][8]. Group 1: Company Challenges - *ST New潮 has faced a delay of over two months in releasing its annual report, resulting in a proposed penalty of 3 million yuan and additional fines for two former executives totaling 2 million yuan [2]. - The company is currently entangled in a power struggle between new and old management, with issues related to U.S. asset litigation complicating the transition [2][9]. - The control of the company's core assets, primarily located in the U.S., is a critical point of contention, as the company is largely an "empty shell" domestically [9]. Group 2: Shareholder Meeting Insights - The annual shareholder meeting lasted approximately 18 minutes, with management leaving shortly after, leading to dissatisfaction among shareholders who felt there was insufficient opportunity for questions [3][7]. - Key concerns among shareholders included whether the current board has control over overseas assets and the status of ongoing litigation in the U.S. [6][8]. - The management's early departure from the meeting raised complaints from investors, highlighting a lack of communication and engagement from the leadership [3][7]. Group 3: Future Prospects - The company is currently involved in a lawsuit against its auditing firm, which could impact its financial reporting and investor confidence [13][14]. - Despite being under "ST" (special treatment) status, the stock has shown resilience, achieving nine consecutive trading days of gains after resuming trading [15]. - Investors expressed concerns about the challenges faced by the new controlling shareholder, 伊泰 (Yitai), in managing the company effectively [15].

每经记者｜彭斐 每经编辑｜张海妮 暑假过后，胶东小城牟平的街头因游客减少而冷清了不少。但9月19日，即便秋雨从早晨就淅淅沥沥，也未能浇灭一群投资者从北京、上海、内蒙古赶往牟 平的热情。 作为*ST新潮（即新潮能源，600777.SH，股价3.82元，市值259.78亿元）的投资者，他们目标一致，即参加新潮能源已经"迟到"数月的2024年年度股东大 会。 因年报迟到两个多月，公司将付出沉重代价。山东证监局拟作出处罚决定：责令公司改正，给予警告并处以300万元罚款，对两时任高管给予警告并处以合 计200万元的罚款（详见《年报"迟到"代价沉重，*ST新潮及两时任核心高管将被罚500万元》）。 比监管处罚更糟糕的是，尽管伊泰B股（900948.SH，股价1.94元，市值56.77亿元）已完成竞争性要约并成功改组董事会，但当前新潮能源却遭遇新旧势力 交接遇阻、美国资产诉讼缠身等新问题（详见《伊泰系拿下董事会，*ST新潮控制权争夺战却刚开场？半年报揭示交接僵局与退市危机》）。 9月19日下午，《每日经济新闻》记者以股东身份参加新潮能源2024年年度股东大会，在与多位小股东交流时获悉，相比于前期关注的控制权争夺，上市公 司 ...

经公司与管理人协商，公司六家控股子公司根据重整计划在本次重整中作为普通债权人获得公司抵债股 份共计178,435,126股，未采取集中竞价交易、大宗交易、协议转让等特殊清偿方式。而是根据重整计划 普通债权清偿的一般方式，由海南省海口市中级人民法院通过司法划扣的方式于2025年8月22日分别登 记至子公司的股票账户。 根据《上海证券交易所股票上市规则（2025年修订）》第3.4.15条"上市公司控股子公司不得取得该上市 公司发行的股份。确因特殊原因持有股份的，应当在1年内消除该情形。前述情形消除前，相关子公司 不得行使所持股份对应的表决权。"的规定。上述子公司持有公司股份属于《公司法》和《上海证券交 易所股票上市规则》规定的子公司在特殊情形下持有上市公司股票的情形，将根据有关规定依法及时处 分，以消除交叉持股问题。 特此公告。 关于管理人账户股票分配进展的 公告 本公司监事会及全体监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。 2023年11月21日，海口市中级人民法院（以下简称"海口中院"或"法 院"）裁定批准《洲际油气股份有限 公司重整 ...

Group 1: China National Offshore Oil Corporation (CNOOC) - Huang Yongzhang has been appointed as the General Manager and Deputy Secretary of the Party Committee of CNOOC, replacing Zhou Xinhai who has transitioned to the role of General Manager of China National Petroleum Corporation (CNPC) [1][2] - CNOOC is the largest offshore oil and gas producer in China, established in February 1982, with a registered capital of 113.8 billion yuan and five listed subsidiaries [2] Group 2: China Eastern Airlines Group - Gao Fei has been appointed as the General Manager and Deputy Secretary of the Party Committee of China Eastern Airlines Group, previously serving as a director and deputy secretary at China Southern Airlines Group [4][5] - China Eastern Airlines Group is one of the three major state-owned airlines in China, headquartered in Shanghai, and is notable for being the first to achieve dual listings in both air passenger and air logistics sectors [5]

Core Viewpoint - The oil and gas extraction sector experienced a slight increase of 0.78% on September 19, with *ST Xinchao leading the gains, while the overall market indices showed a decline [1] Group 1: Market Performance - The Shanghai Composite Index closed at 3820.09, down 0.3% [1] - The Shenzhen Component Index closed at 13070.86, down 0.04% [1] - The oil and gas extraction sector's performance is summarized in a table showing individual stock prices and their respective changes [1] Group 2: Stock Performance - *ST Xinchao (600777) closed at 3.82, with an increase of 1.60% and a trading volume of 188,100 shares, amounting to a transaction value of 72.02 million yuan [1] - China National Offshore Oil Corporation (600938) closed at 26.40, up 0.92% with a trading volume of 362,600 shares [1] - Blue Flame Holdings (000968) closed at 6.95, up 0.43% with a trading volume of 76,800 shares, totaling 53.16 million yuan [1] - Intercontinental Oil and Gas (600759) closed at 2.33, down 2.10% with a trading volume of 1,618,600 shares [1] Group 3: Capital Flow - The oil and gas extraction sector saw a net outflow of 28.90 million yuan from institutional investors and 13.01 million yuan from retail investors, while there was a net inflow of 41.91 million yuan from individual investors [1] - A detailed table shows the net capital flow for individual stocks, indicating varying levels of institutional, retail, and individual investor activity [2]

Core Viewpoint - Xinjiang is focusing on high-quality economic development, achieving historical breakthroughs in multiple indicators, including GDP and trade volume, while enhancing infrastructure and modern industrial systems [1][2][3][4]. Group 1: Economic Performance - Xinjiang's GDP surpassed 2 trillion yuan for the first time last year, with a total import and export volume reaching 434.16 billion yuan, marking three consecutive years of crossing three hundred billion yuan thresholds from 2022 to 2024 [1]. - In 2022, Xinjiang's GDP grew by 6.1%, fixed asset investment increased by 6.9%, industrial added value rose by 8%, and public budget revenue grew by 10.5%. In the first half of this year, GDP increased by 5.7%, fixed asset investment rose by 13%, import and export volume grew by 28%, and public budget revenue increased by 12% [1]. Group 2: Infrastructure Development - Comprehensive strengthening of infrastructure has been achieved, focusing on the construction of a "ten-network" system and major projects worth hundreds of billions, enhancing connectivity and supporting high-quality development [2]. - New airports and railways have been completed, with the total number of transportation airports reaching 28 and significant progress made in highway construction, improving the overall transportation system [2]. Group 3: Industrial Growth - A modern industrial system is emerging, with stable agricultural production, optimized industrial structure, and expanding service sectors. In 2024, grain production is expected to reach 46.6 billion jin, and cotton production is projected at 5.68 million tons, with a mechanization rate of 97% [3]. - Energy resource bases are being developed, with oil and gas equivalent production reaching 66.64 million tons and coal production at 541 million tons last year. By July this year, installed power capacity reached 220 million kilowatts, with renewable energy accounting for 132 million kilowatts [3]. Group 4: Innovation and Talent Development - Implementation of innovation-driven strategies has led to significant advancements in productivity, with an annual increase of 2 billion yuan in fiscal science and technology funding to support innovation [4]. - A talent development fund of 10 billion yuan has been established to attract high-level talent, and various technological advancements have been made, including breakthroughs in deep drilling and renewable energy technologies [4].

中国海洋石油集团有限公司网站消息，2025年9月19日，中国海洋石油集团有限公司召开领导班子（扩 大）会议。受中央组织部领导委托，中央组织部有关干部局负责同志宣布了党中央关于中国海洋石油集 团有限公司总经理任职的决定：黄永章同志任中国海洋石油集团有限公司董事、总经理、党组副书记， 免去其中国石油天然气集团有限公司副总经理、党组成员职务。相关职务任免，按有关法律和章程的规 定办理。 公开信息显示，黄永章，男，研究生，工学博士，正高级工程师。 黄永章曾任中国石油尼罗河公司副总经理，中国石油勘探开发公司党委委员、副总经理、安全总监，中 国石油中东公司常务副总经理、总经理，中东地区协调组组长，中国石油集团公司党组成员、副总经 理、安全总监，股份公司执行董事、总裁等职务。 今年8月29日消息，原任中国海洋石油集团有限公司董事、总经理、党组副书记周心怀，已任中国石油 天然气集团有限公司董事、总经理、党组副书记。 据介绍，中国海洋石油集团有限公司是1982年2月15日经国务院批准成立的特大型国有企业，是中国最 大的海上油气生产运营商。公司注册资本1138亿元，共有5家控股境内外上市公司。公司主要业务板块 包括油气勘探开发、 ...