Investment Rating - The report maintains a "Buy" rating for several companies including Xin Yang Feng, Sen Qi Lin, Rui Feng New Material, Sinopec, Ju Hua Co., Yang Nong Chemical, China National Offshore Oil Corporation, Sai Lun Tire, and Zhenhua Co. [12] Core Viewpoints - The report highlights significant price increases in products such as phosphoric acid pentoxide (85% up by 9.11%), urea (up by 5.75%), and battery-grade lithium carbonate (up by 4.40%), while also noting declines in products like synthetic ammonia (down by 7.41%) and dichloromethane (down by 5.96%) [6][9][21] - The report suggests focusing on investment opportunities in areas such as import substitution, domestic demand, and high dividend stocks, particularly in light of the recent decline in international oil prices due to geopolitical tensions and tariff concerns [8][10][22] - The chemical industry is currently experiencing a mixed performance, with some sectors like lubricants showing strong results, while others remain weak due to overcapacity and subdued demand [9][10][24] Summary by Sections Chemical Industry Investment Suggestions - The report indicates that the chemical industry is facing challenges but also presents opportunities, particularly in the glyphosate sector, which is showing signs of recovery [10][24] - It recommends focusing on companies with strong competitive positions and growth potential, such as Rui Feng New Material and Bao Feng Energy [10][24] - The report emphasizes the importance of domestic demand in the chemical fertilizer sector, highlighting companies like Hualu Hengsheng and Xin Yang Feng as key players [10][24] Market Performance - The report notes that the basic chemical sector has outperformed the broader market, with a 12-month return of 33.9% compared to 23.2% for the CSI 300 index [4][5] - It provides a detailed analysis of price movements for various chemical products, indicating a general trend of price increases for certain key products while others are experiencing declines [6][9][21] Price Trends - The report details specific price changes for various chemical products, with phosphoric acid pentoxide and urea seeing significant increases, while synthetic ammonia and dichloromethane have seen notable declines [6][9][21] - It highlights the impact of international oil prices on the chemical market, with Brent crude oil prices dropping to $66.59 per barrel, affecting overall market sentiment [8][22][25]

中新网北京8月11日电(记者 谢艺观) 8月11日，A股三大股指集体上涨，沪指续创年内新高。 A股全天4100余只个股上涨，成交额1.85万亿元，较前一交易日有所放量。 盘面上，精细化工、电子元器件、互联网等行业板块涨幅居前；概念板块方面，PEEK材料、锂 矿、培育钻石等表现亮眼。 平安证券研报认为，当前海外交易降息预期，国内积极政策信号持续，权益市场风险偏好延续偏 强，市场赚钱效应与增量资金流入形成正循环，权益市场有望维持震荡偏强格局。 责任编辑：杨喜亭 截至收盘，沪指收涨0.34%报3647.55点；深成指涨1.46%报11291.43点；创业板指涨1.96%报2379.82 点。 A股指数收盘表现 ...

Market Performance - The three major A-share indices collectively strengthened, with both the Shanghai Composite Index and the Shenzhen Component Index reaching new highs for the year [1][2] - As of the close, the Shanghai Composite Index rose by 0.34% to 3647 points, while the Shenzhen Component Index increased by 1.46% [1][2] - The total trading volume for the day was 1.85 trillion yuan, an increase of 113.6 billion yuan compared to the previous trading day, with nearly 4200 stocks rising across the market [1] Index Details - Shanghai Composite Index: 3647.55 (+12.42, +0.34%) [2] - Shenzhen Component Index: 11291.43 (+162.75, +1.46%) [2] - ChiNext Index: 2379.82 (+45.86, +1.96%) [2] - CSI 300 Index: 4122.51 (+17.54, +0.43%) [2] - CSI 500 Index: 6391.76 (+68.26, +1.08%) [2] Sector Performance - The PEEK materials concept surged, with stocks like Jinfat Technology and Chaojie Co. hitting the daily limit [3] - Lithium mining stocks rose due to the suspension of operations by CATL, with Tianqi Lithium and Ganfeng Lithium also hitting the daily limit [3] - The PCB and consumer electronics sectors saw afternoon rallies, with stocks like Dazhu Laser and Shenkangjia A also hitting the daily limit [3] - Other sectors with notable gains included 3D glass, power equipment, cultivated diamonds, liquid cooling concepts, and smart wearables [3] - Conversely, the precious metals and gold sectors declined, with Chifeng Gold dropping over 5% [3] - The shipbuilding sector weakened, led by a decline in China Shipbuilding [3]

共研产业研究院通过对公开信息分析、业内资深人士和相关企业高管的深度访谈，以及分析师专业性判断 和评价撰写了《2025-2031年中国异戊烷行业全景调研及投资策略报告》。本报告为异戊烷企业决策人及投 资者提供了重要参考依据。 异戊烷，又名2-甲基丁烷，是一种有机化合物，化学式为C5H12，为无色透明液体，有令人愉快的芳香气 味，不溶于水，微溶于乙醇，溶于烃类、乙醚等多数有机溶剂，主要用于有机合成，也用作溶剂、聚苯乙 烯的发泡剂。 异戊烷作用 中国产能集中于华东（70%），中石化（30%）、中石油（25%）主导，地方企业如山东鲁西、菏泽西冷 占细分市场，未来开发生物基异戊烷（如IBA）用于可降解塑料，2030年渗透率或达20%，预计2025年中 国异戊烷市场规模将达165亿元。 为确保异戊烷行业数据精准性以及内容的可参考价值，共研产业研究院团队通过上市公司年报、厂家调 研、经销商座谈、专家验证等多渠道开展数据采集工作，并运用共研自主建立的产业分析模型，结合市 场、行业和厂商进行深度剖析，能够反映当前市场现状、热点、动态及未来趋势，使从业者能够从多种维 度、多个侧面综合了解当前异戊烷行业的发展态势。 异戊烷具有较高 ...

Group 1 - The report identifies a total of 31 new stocks successfully listed on the Beijing Stock Exchange (BSE) from 2024 to August 8, 2025, highlighting an overall improvement in quality across various financial metrics [3][11][17] - Key financial thresholds for high-potential new stocks on the BSE include: net asset scale of approximately 600 million yuan, expected market value of 2.5-3 billion yuan, net profit of 60 million yuan, weighted ROE of 15%, revenue compound growth rate of 10-15%, and R&D investment around 28 million yuan or over 4.5% of revenue [3][11][17] Group 2 - The report outlines a five-dimensional quantitative model for selecting high-potential new stocks, focusing on industry attractiveness, company competitiveness, financial health, market scarcity, and risk management [4][10][20] - The industry dimension assesses whether the sector aligns with the BSE's focus on innovative SMEs and its growth potential [4][10] - The company dimension evaluates the long-term sustainable growth capabilities and uniqueness of the firm within its niche [4][10] Group 3 - In the second half of 2025, the report suggests focusing on 10 companies that have been under review for nearly a year, including Jie Li Technology, Ai Ke Wei, and Ya Tu Gao Xin [5][14] - Among the newly accepted 115 companies, the average net profit for 2024 is projected to reach 81.13 million yuan, with several companies ranking in the top 25% across key financial dimensions [5][14] Group 4 - The average time from application acceptance to listing for new stocks is approximately 360 days, with the fastest being 140 days and the slowest 624 days [20][22] - The report indicates that 2024 saw a higher number of new listings in the second half compared to the first half, suggesting a growing trend in market activity [24][25]

Group 1 - The 12th World Congress of Chemical Engineering and the 21st Asia-Pacific Chemical Alliance Conference opened, highlighting China's position as the largest producer and consumer in the global chemical industry [1] - In the fine chemical sector, China's revenue accounts for 50% of the global market share [1] Group 2 - Comprehensive leading companies include Wanhua Chemical, the largest global MDI producer, and New Chemical Materials, which covers the entire industrial chain of polyurethane, petrochemicals, new materials, and fine chemicals [4] - Other leading companies in specific segments include Longbai Group, the world's largest titanium dioxide producer, and Yuntianhua, a domestic leader in phosphate resources [4][5] Group 3 - Potential companies include Yuanli Technology, which has the world's largest production capacity for dimethyl adipate, and Zhongyan Chemical, the global leader in sodium metal production [5]

Core Viewpoint - Weifang is a significant chemical city in Shandong, with high-end chemicals being a crucial pillar industry, exemplified by Yuanli Chemical Group, a leading player in fine chemicals and new materials [1][3]. Group 1: Company Overview - Yuanli Chemical Group, established in 2003, is a high-tech enterprise specializing in the research, production, and operation of fine chemicals, and is listed on the Shanghai Stock Exchange [1]. - The company has developed a complete industrial chain, offering products such as functional additives, bio-based materials, and high polymer anti-aging materials [1]. - Yuanli Chemical has established four production bases in Shandong, Chongqing, and Inner Mongolia, along with a global marketing network to ensure stable supply for customers worldwide [1]. Group 2: Product Innovations - The company has positioned itself as a long-term partner for many international renowned enterprises, including 8 of the top 10 global paint companies and 32 of the top 50 global chemical companies [3]. - Key products highlighted include: - Polycarbonate diol (PCDL), a critical raw material for high-end polyurethane, which enhances the durability and environmental performance of UV-cured specialty coatings and high-end water-based synthetic leather [3]. - Light stabilizers that effectively prevent polymer materials from aging due to UV exposure, significantly extending product lifespan and contributing to resource conservation and reduced carbon emissions [3]. Group 3: Commitment to Sustainability - Yuanli Chemical actively embraces circular economy and bio-based technologies, aiming for resource optimization in production [4]. - The company is focused on developing bio-based products using renewable resources like corn and straw, successfully exporting to the EU market, indicating a shift towards green and low-carbon manufacturing [4]. - The future vision includes a continued focus on green, low-carbon, and circular economy initiatives, collaborating with industry partners to build a sustainable future [4].

浙江万盛股份有限公司 ZHEJIANG WANSHENG CO.,LTD 章 程 目 录 第一章 总 则 第一条 为维护公司、股东、职工和债权人的合法权益，规范公司的组织和 行为，根据《中华人民共和国公司法》（以下简称《公司法》）、《中华人民共 和国证券法》（以下简称《证券法》）和其他有关规定，制定本章程。 第二条 公司系依照《公司法》和其他有关规定成立的股份有限公司（以下 简称公司）。 公司从有限责任公司发起设立为股份有限公司。公司在浙江省市场监督管理 局注册登记，取得营业执照，统一社会信用代码为: 913300002552164796。 第三条 公司于 2014 年 9 月 15 日经中国证券监督管理委员会（下称"中国 证监会"）核准，首次向社会公众发行人民币普通股 2,500 万股，于 2014 年 10 月 10 日在上海证券交易所上市。 第四条 公司注册名称：浙江万盛股份有限公司 公司英文名称：ZHEJIANG WANSHENG CO.,LTD 第五条 公司住所：临海市城关两水开发区 邮政编码：317000 第六条 公司注册资本为人民币 589,578,593 元。 第七条 公司为永久存续的股份有限 ...

Core Viewpoint - Wihua New Materials plans to acquire a controlling stake in Jiangsu Heyutai Chemical Co., aiming to extend its product chain and enhance synergy through resource integration [2] Group 1: Acquisition and Investment Activities - The acquisition of Jiangsu Heyutai is part of Wihua New Materials' strategy to expand its product offerings in the agricultural chemical sector [2] - In addition to the acquisition, Wihua New Materials has been active in capital operations, including a planned investment of 70 million yuan in Yangzhou Dinglong Qishun Equity Investment Partnership [2] - Earlier in May, Wihua New Materials announced an investment in Lansheng Biotechnology Group, acquiring 624,725 shares for a transfer price of 12.087 million yuan, indicating a focus on companies with strong profitability and growth potential in the agricultural sector [2]

Core Viewpoint - The completion of the main substation for the Yanzhou Mining Lunan Chemical 60,000 tons/year polyoxymethylene project marks a significant milestone, indicating the project has entered a new phase, laying a solid foundation for subsequent equipment installation and debugging [1] Group 1: Project Overview - The project is a major implementation project in Shandong Province for 2025, aiming to meet "international first-class" product standards and utilizing advanced production processes to enhance quality and reduce consumption [1] - Upon completion, the total production capacity of polyoxymethylene at Lunan Chemical will rank first in the country, establishing it as a leading enterprise in the polyoxymethylene industry [1] Group 2: Project Management and Execution - The company has leveraged its deep technical expertise and rich engineering experience by forming a professional design team and scientifically coordinating construction deployment [1] - The project team adheres to the philosophy of "delivering value, building the future," integrating party building with production, and strictly controlling engineering quality and progress to ensure safe, high-quality, and rapid project advancement [1] Group 3: Future Steps - The project has fully entered the equipment installation phase, with subsequent debugging and other work planned [1] - The company and the Yanzhou Mining Lunan Chemical project construction team will maintain high morale, collaborate closely, and strive to ensure the project progresses steadily according to the established plan, aiming for early production commencement [1]