从"新年第一会"到省两会，营商环境建设始终被辽宁置于"C位"，今年，各部门也纷纷拿出实招硬 招，彰显决心、体现力度。"我们将周密部署、主动担当，积极完善全省优化营商环境建设工作机制， 组织各市及有关部门形成攻坚合力，出台各领域具体细化措施，制定任务清单，确保每项工作都有人 抓、有人管、有人办。"省发展改革委振兴老工业基地处处长周宇锋表示，要协同推动《辽宁省大力优 化营商环境行动方案（2026版）》重点任务落实落细，积极谋划开展营商环境成效跟踪评价和经营主体 感受度评价，推动全省营商环境持续改善。 聚焦"八个坚决整治"，进一步强作风、优服务、提质效，抓实抓细全省生态环境系统优化营商环境 20条举措，省生态环境厅行政审批处处长李国军表示，要全面提升政务服务效能，所有项目环保审批时 间在法定时限基础上至少压缩50%，大型风光电基地建设、节能降碳改造等重大项目至少压缩到法定时 限的1/3。进一步创新环保要素服务模式，打造"环保服务包"，设立营商环境"服务专员"，实施"一对 一"精准帮扶，提供生态环境领域全链条、一体化服务保障。 国家税务总局辽宁省税务局党委书记、局长李宁国表示，全省税务部门将结合我省实际，着力实 施" ...

本报报道组 优化营商环境是辽宁"十五五"时期夯实基础、全面发力的重要内容。省两会闭幕后，全省广大干部群众 认真学习领会省两会精神，纷纷表示要坚持把优化营商环境作为发展的生命线，加快推进政策、市场、 政务、法治、人文"五个环境"建设，推动全省营商环境在短期内实现明显好转、根本好转，全力打造营 商环境最佳口碑省。 从"新年第一会"到省两会，营商环境建设始终被辽宁置于"C位"，今年，各部门也纷纷拿出实招硬招， 彰显决心、体现力度。"我们将周密部署、主动担当，积极完善全省优化营商环境建设工作机制，组织 各市及有关部门形成攻坚合力，出台各领域具体细化措施，制定任务清单，确保每项工作都有人抓、有 人管、有人办。"省发展改革委振兴老工业基地处处长周宇锋表示，要协同推动《辽宁省大力优化营商 环境行动方案（2026版）》重点任务落实落细，积极谋划开展营商环境成效跟踪评价和经营主体感受度 评价，推动全省营商环境持续改善。 聚焦"八个坚决整治"，进一步强作风、优服务、提质效，抓实抓细全省生态环境系统优化营商环境20条 举措，省生态环境厅行政审批处处长李国军表示，要全面提升政务服务效能，所有项目环保审批时间在 法定时限基础上至少压缩 ...

Core Insights - The city of Wuhai has officially launched the national pilot program for the digital transformation of small and medium-sized enterprises (SMEs), marking a significant step in enhancing the digital economy [1][2] Group 1: Digital Transformation Initiatives - Wuhai has been approved as a national pilot city for SME digital transformation since September last year, and has since developed a comprehensive work plan for this initiative [2] - The city has established an expert committee for the pilot program and is actively selecting service providers to accelerate the digital empowerment of SMEs [2] - Wuhai has built 2 national-level excellent smart factories, 9 autonomous advanced smart factories, and 35 basic-level smart factories, showcasing its commitment to digital transformation [2] Group 2: Financial and Expert Support - Local banks, including the Wuhai branch of Inner Mongolia Bank, have introduced exclusive financial products to support the digital transformation of SMEs [1] - Experts provided in-depth interpretations of the funding management measures and evaluation indicators for the pilot program during the launch meeting [1] Group 3: Industry Focus and Goals - The city aims to focus on industrial intelligence, green development, and integration, leveraging national policy opportunities to drive the digital transformation of its manufacturing sector [2] - Wuhai is also working towards creating advanced manufacturing clusters in the fine chemical industry within the region [2]

Group 1 - Hailanxin (300065) benefits from the collaborative development of the capital urban area port cluster and the intelligent upgrade of shipping, leading to strong growth momentum for the company [1][34] - The company specializes in marine electronic information systems and marine engineering equipment, with a leading position in domestic navigation technology [1][34] - The demand for technology support is expected to increase due to the acceleration of intelligent transformation at key ports like Tianjin and Tangshan [1][34] Group 2 - Jingtou Development (600683) focuses on the development of rail transit properties, leveraging the construction of a cross-regional rail transit network to unlock land value along the routes [2][36] - The company has developed a mature "rail + property" model and holds multiple patents in core technologies related to rail property [2][36] - The ongoing construction in key areas like Beijing's sub-center and Xiong'an New Area aligns with the demand for residential and industrial support due to population relocation [2][36] Group 3 - Chengjian Development (600266) is positioned to benefit from the accelerated urban renewal and non-capital function relief, which creates sustained demand for urban development and infrastructure projects [3][37] - The company has extensive experience in old city renovation and affordable housing construction, participating deeply in the quality upgrade projects of core cities [3][37] - The company’s land reserves and project resources in key areas can directly meet the housing and industrial space needs arising from population relocation [3][37] Group 4 - Langfang Development (600149) is strategically positioned in the land development business in the Beijing area, benefiting from the integration of Tongzhou and the North Three Counties [4][38] - The company can leverage local resource advantages to undertake land consolidation and infrastructure construction projects [4][38] - The demand for land development is expected to be rigidly released due to the implementation of cross-regional demonstration policies [4][38] Group 5 - Julisi (002342) sees a surge in demand for engineering equipment and rigging due to large-scale infrastructure projects in the urban area [5][39] - The company specializes in engineering rigging and lifting equipment, widely used in construction scenarios such as bridges and ports [5][39] - The integration of transportation in the Beijing-Tianjin-Hebei region is expected to drive significant growth in the company's product demand [5][39] Group 6 - Huasheng Tiancai (600410) focuses on cloud computing and digital services, capitalizing on the digital infrastructure upgrade and industrial digital transformation in the urban area [6][40] - The company has a comprehensive digital technology system and rich industry service experience [6][40] - The demand for digital services is expected to grow as the region develops smart transportation and digital governance applications [6][40] Group 7 - Jinyu Group (601992) is a leading supplier of building materials in the Beijing-Tianjin-Hebei region, benefiting from the ongoing construction boom and urban renewal [7][41] - The company’s product offerings include cement, concrete, and aggregates, with a strong supply chain advantage [7][41] - The demand for building materials is expected to rise significantly due to large-scale infrastructure and housing projects [7][41] Group 8 - Jidong Equipment (000856) is positioned to benefit from the upgrade of traditional industries and the demand for equipment renewal in the building materials sector [8][42] - The company specializes in cement equipment manufacturing and engineering services, with a strong technical capability [8][42] - The demand for high-end cement equipment and environmental renovation technology is expected to grow as the region pushes for green upgrades [8][42] Group 9 - Fushi Holdings (300071) focuses on brand marketing and public relations, benefiting from the growing demand for brand promotion in the urban area [9][43] - The company has a full-chain marketing service capability and serves clients across multiple industries [9][43] - The demand for customized marketing solutions is expected to rise as many enterprises establish and upgrade their brands [9][43] Group 10 - Huaxia Happiness (600340) specializes in the development and operation of industrial new towns, benefiting from the influx of industries due to non-capital function relief [10][44] - The company has a mature operational model that integrates industrial introduction and urban support [10][44] - The value of industrial new towns is expected to increase as the region enhances transportation and public services [10][44] Group 11 - Hongqiang Co., Ltd. (002809) sees a rigid growth in demand for concrete additives due to large-scale infrastructure projects [11][45] - The company specializes in concrete additives and new building materials, with stable product performance [11][45] - The demand for concrete is expected to rise significantly, driving the growth of the additives market [11][45] Group 12 - Siwei Tuxin (002405) is positioned to benefit from the rapid development of smart transportation and the growth of the connected vehicle and autonomous driving industries [12][46] - The company specializes in navigation maps and connected vehicle services, with leading technology in high-precision mapping [12][46] - The demand for smart transportation solutions is expected to grow as the region promotes intelligent upgrades in transportation systems [12][46] Group 13 - Leike Defense (002413) focuses on radar systems and electronic countermeasures, benefiting from the dual growth in defense and civilian security demands [13][48] - The company has core technologies and intellectual property rights in the defense and civilian security sectors [13][48] - The demand for security solutions is expected to increase as the region enhances its security capabilities [13][48] Group 14 - Aerospace Technology (000901) is involved in the aerospace equipment manufacturing sector, benefiting from the integration of innovation resources and the upgrade of high-end manufacturing [14][49] - The company leverages its aerospace technology advantages to participate in regional aerospace projects [14][49] - The demand for aerospace technology applications is expected to grow as the region develops its aerospace industry [14][49] Group 15 - Keri International (300662) focuses on human resources services, benefiting from the accelerated flow of talent and the growing demand for high-end talent in the urban area [15][50] - The company provides comprehensive human resources services, covering various industries [15][50] - The demand for customized human resources solutions is expected to rise as enterprises upgrade and expand [15][50] Group 16 - Tanshijia (300005) is positioned to benefit from the growth in outdoor leisure demand and the development of ecological tourism resources [16][51] - The company specializes in outdoor apparel and equipment, with a strong brand presence in the outdoor products industry [16][51] - The demand for outdoor products is expected to grow as consumer awareness of outdoor activities increases [16][51] Group 17 - Gangyan Gaona (300034) focuses on high-temperature alloy materials, benefiting from the rapid development of aerospace and new energy sectors [17][52] - The company specializes in the research and production of high-end alloy materials, with leading technology in the field [17][52] - The demand for high-temperature alloys is expected to grow as the region promotes high-end manufacturing upgrades [17][52] Group 18 - Electronic City (600658) focuses on the development and operation of technology parks, benefiting from the demand for innovation resources and the establishment of tech enterprises [18][53] - The company has extensive experience in park operation and enterprise incubation [18][53] - The demand for technology parks is expected to grow as the region promotes innovation and collaboration [18][53] Group 19 - Shangda Co., Ltd. (301522) specializes in the processing of special steel materials, benefiting from the growing demand for high-end materials in traditional industries [19][54] - The company focuses on the deep processing of special steel, with significant advantages in material processing technology [19][54] - The demand for special steel products is expected to rise as the region promotes the upgrade of manufacturing industries [19][54] Group 20 - Jikai Co., Ltd. (002691) focuses on mining equipment and intelligent upgrades, benefiting from the demand for efficient resource development [20][55] - The company specializes in mining machinery and technical services, with a strong service network [20][55] - The demand for intelligent mining equipment is expected to grow as the region promotes equipment renewal [20][55] Group 21 - Xinhua News (603888) focuses on news dissemination and digital content services, benefiting from the growing demand for media and cultural industries [21][56] - The company has authoritative information channels and strong content creation capabilities [21][56] - The demand for customized media solutions is expected to rise as the region promotes cultural integration and digital transformation [21][56]

Investment Rating - The report assigns a "Buy" rating for the company, marking the first coverage of the stock [1]. Core Insights - The company, Zhejiang Jinhua New Materials Co., Ltd., is a leading supplier of ketoxime products and has established a strong position in the fine chemical industry, particularly in silane crosslinking agents and hydroxylamine salts [9][14]. - The hydroxylamine salt market is expanding, driven by increased demand in downstream industries such as agriculture, pharmaceuticals, and electronics, which opens up long-term growth opportunities for the company [9][40]. - The company has a robust technical innovation capability and a rich customer base, including partnerships with major international and domestic chemical companies [9][57]. Summary by Sections 1. Company Overview - Zhejiang Jinhua New Materials specializes in the R&D, production, and sales of ketoxime series fine chemicals, including silane crosslinking agents and hydroxylamine salts [9][14]. - The company has received numerous accolades, including being recognized as a national "little giant" enterprise and a high-tech enterprise [14]. 2. Market Dynamics - The fine chemical industry is a strategic focus in China's chemical sector, with hydroxylamine salts being a key raw material for various applications, including low-toxicity pesticides and high-efficiency metal extractants [40][39]. - The global hydroxylamine salt market is projected to grow from 2.714 billion yuan in 2023 to 3.179 billion yuan by 2028, with a CAGR of 3.21% [40][41]. 3. Technical Innovation and Customer Base - The company has established a green circular industrial chain for ketoxime products, showcasing its commitment to sustainable practices and innovation [16][57]. - Jinhua New Materials has built a strong customer network, including partnerships with Bayer and domestic leaders like Wanhua Chemical, ensuring a stable demand for its products [60][57]. 4. Financial Projections - The company is expected to achieve revenues of 1.064 billion yuan in 2025, with a projected net profit of 198.77 million yuan, reflecting a growth trajectory despite a slight decline in 2025 [1][21]. - The earnings per share (EPS) are forecasted to be 1.47 yuan in 2025, with a P/E ratio of 34.00, indicating a favorable valuation compared to peers [1][21].

Investment Rating - The report assigns a "Buy" rating for the company, marking the first coverage of the stock [1]. Core Insights - The company, Zhejiang Jinhua New Material Co., Ltd., is a leading supplier of ketoxime products, focusing on the research, production, and sales of fine chemical products, particularly silane crosslinkers and hydroxylamine salts [9][14]. - The hydroxylamine salt market is expanding, driven by increased demand in downstream industries such as agriculture, pharmaceuticals, and environmental applications [40][44]. - The company has established a green circular industrial chain, showcasing its commitment to sustainable practices and innovation in production processes [16][57]. Summary by Sections 1. Company Overview - Zhejiang Jinhua New Material Co., Ltd. specializes in ketoxime series fine chemicals and has received numerous accolades, including being recognized as a national "little giant" enterprise [14]. - The company has developed a unique green circular industrial chain for ketoxime products, enhancing its competitive edge [16]. 2. Market Dynamics - The fine chemical industry is a strategic focus in China's chemical sector, with hydroxylamine salts experiencing stable market growth due to their applications in various high-demand sectors [39][40]. - The global hydroxylamine salt market is projected to grow from 2.714 billion yuan in 2023 to 3.179 billion yuan by 2028, with a CAGR of 3.21% [40][41]. 3. Financial Performance - The company forecasts revenues of 1.064 billion yuan in 2025, with a projected net profit of 198.77 million yuan, reflecting a slight decline from the previous year [1]. - The earnings per share (EPS) is expected to be 1.47 yuan in 2025, with a P/E ratio of 34.00 [1]. 4. Competitive Position - The company has established itself as a market leader in silane crosslinkers and hydroxylamine salts, with significant market shares of 38.16% and 42.37% respectively by 2024 [57][58]. - It has built a robust customer base, including major international and domestic companies, ensuring stable demand for its products [60]. 5. Technological Innovation - The company has developed high-purity electronic-grade hydroxylamine water solution, breaking the monopoly of foreign firms and filling a gap in the domestic market [61]. - It has a strong focus on R&D, with several patents granted for its innovative production processes, ensuring product quality and environmental sustainability [63].

3. 江天化学产品涨价+国产替代突破：据韭研公社1月22日资讯，江天化学核心产品多聚甲醛涨价，电 子级超高纯化学品通过中芯国际认证，国产替代红利释放，支撑其大幅上涨。 受积极影响的行业梳理 1. 光伏（核心股）化工（核心股）行业：核心受益于光伏行业复苏及金晶科技利好带动。据中国好青年 1月27日分析，光伏玻璃需求随新能源产业增长，金晶科技作为光伏玻璃核心企业，充分享受行业红 利，带动相关配套化工领域同步受益。 2. 精细化工（核心股）行业：受益于产品涨价与国产替代，江天化学作为细分龙头，核心产品提价且实 现技术突破，切入头部企业供应链。据韭研公社1月22日研报，精细化工国产替代空间广阔，华融化 学、江天化学等标的直接受益。 今日A股化学化工（核心股）板块持续拉升，午后加速走高，赚钱效应凸显。龙头股金晶科技午后强势 封死涨停，成为板块核心引擎；江天化学涨幅超10%，表现亮眼；华融化学、中毅达、博源化工等标的 同步跟涨，形成"龙头引领、梯队跟涨"格局。受行业利好催化，场内资金关注度提升，领涨标的交投活 跃，光伏（核心股）化工、精细化工等细分领域同步发力，彰显板块复苏态势。 化学化工（核心股）行业最新准确的利好消息 ...

Group 1 - The core point of the article is that *ST Asia Pacific has reached a trading limit with a price of 8.72 yuan, reflecting a 5.06% increase, and a total market value of 4.228 billion yuan, driven by successful restructuring and strategic investments [1] Group 2 - The company has completed its restructuring plan, with the court ruling to terminate the restructuring process, resolving debt issues [1] - Seven strategic investors, including Beijing Xingrui Qiyuan, have invested a total of 404 million yuan, along with a cash donation of 73 million yuan, significantly improving the company's financial situation [1] - The company has proposed a "fine chemicals + military industry" dual-driven strategy, clarifying its operational direction and tapping into growth potential in both sectors [1] - On January 26, 2026, major shareholder Zhang Wenfeng increased his holdings by 500,000 shares, indicating confidence in the company's future and potentially attracting market interest [1]

Core Viewpoint - The Shaanxi Provincial Development and Reform Commission and the Provincial Department of Industry and Information Technology have announced the first batch of provincial zero-carbon parks, with eight parks selected for this initiative [1]. Group 1: Selected Zero-Carbon Parks - Eight provincial zero-carbon parks include: - Sanyuan High-tech Industrial Development Zone - Xianyang High-tech Industrial Development Zone - Shaanxi Chengcheng Economic and Technological Development Zone - Yan'an High-tech Industrial Development Zone - Yulin Economic Development Zone (Qingshui Industrial Park in Yushen Industrial Zone) North District Fine Chemical Industry Park - Shenmu High-tech Industrial Development Zone - Xunyang High-tech Industrial Development Zone - Shaanxi Shangluo Economic and Technological Development Zone [1] - Sanyuan High-tech Zone was listed as one of the first national zero-carbon parks in December of the previous year [1]. Group 2: Yulin Economic Development Zone - Yulin Economic Development Zone is recognized as a national new industrialization demonstration base and a national-level green park, being one of the first approved chemical parks in the province [1]. - The North District Fine Chemical Industry Park covers a planned area of 6.76 square kilometers and aims to achieve green, low-carbon, and high-quality development [1]. - The park focuses on developing industries such as biodegradable material modification, hydrogen equipment manufacturing, carbon fiber, polyester fiber, and pharmaceutical and pesticide intermediates, along with supporting infrastructure projects for wastewater treatment and solid waste disposal [1]. Group 3: Carbon Reduction Initiatives - The industrial park has been promoting source reduction, process reduction, and end carbon capture, facilitating the coupling development of modern coal chemical industry with green electricity, green hydrogen, and green oxygen [2]. - It actively engages in carbon capture and utilization demonstrations and implements actions to extend the coal chemical industry chain, promoting the downstream development of coal-based chemicals into fine chemicals and new chemical materials [2]. - The park encourages integrated development of source, network, load, and storage, as well as multi-energy complementary development tailored to local conditions [2].

Group 1 - On February 2, Tongcheng New Materials experienced a decline of 4.81% with a trading volume of 843 million yuan. The margin trading data indicated a financing buy amount of 55.16 million yuan and a financing repayment of 79.24 million yuan, resulting in a net financing buy of -24.09 million yuan. As of February 2, the total margin trading balance was 799 million yuan [1] - The financing balance of Tongcheng New Materials was 793 million yuan, accounting for 2.38% of the circulating market value, which is above the 80th percentile level over the past year, indicating a high level [1] - In terms of securities lending, on February 2, the company repaid 47,900 shares and sold 13,900 shares, with a selling amount of 753,500 yuan. The remaining securities lending volume was 113,900 shares, with a balance of 6.18 million yuan, exceeding the 70th percentile level over the past year, also indicating a high level [1] Group 2 - As of September 30, the number of shareholders of Tongcheng New Materials reached 60,200, an increase of 27.61% compared to the previous period. The average circulating shares per person decreased by 21.42% to 9,914 shares [2] - For the period from January to September 2025, Tongcheng New Materials achieved an operating income of 2.523 billion yuan, representing a year-on-year growth of 4.06%. The net profit attributable to the parent company was 494 million yuan, with a year-on-year increase of 12.65% [2] - Since its A-share listing, Tongcheng New Materials has distributed a total of 1.493 billion yuan in dividends, with 847 million yuan distributed over the past three years [3]