Core Viewpoint - The company, Aoke Co., Ltd. (300082.SZ), has indicated that its carbonate series products are currently used as solvents in lithium battery electrolytes and have not yet been applied in solid-state battery technology [1] Company Summary - Aoke Co., Ltd. produces carbonate series products specifically for use in lithium battery electrolytes [1] - The company has not ventured into the solid-state battery sector with its current product offerings [1]

Core Viewpoint - Satellite Chemical emphasizes that stock price fluctuations are influenced by various factors and reaffirms its commitment to green and low-carbon development while focusing on creating a competitive chemical new materials industry chain [2] Group 1 - The company is dedicated to using light hydrocarbons as raw materials to build a competitive chemical new materials industry chain [2] - Continuous efforts are made to enhance the supply chain by supplementing, extending, and strengthening it [2] - Increased investment in research and development is aimed at improving core competitiveness and generating good returns for investors [2]

Core Insights - The company is currently accelerating the construction of the Jingmen project, with most of the equipment installation completed and expected to begin debugging by the end of the year [2] - Trial production is anticipated to start in the first quarter of 2026, with actual developments subject to confirmation [2] - For detailed information regarding the investment scale, production capacity, and expected benefits of the Jingmen project, the company refers to its previously disclosed announcement regarding the use of part of the raised funds for the functional high polymer material project [2]

Core Viewpoint - Satellite Chemical stated that stock price fluctuations are influenced by various factors including macroeconomic conditions, industry policies, and market sentiment [2] Company Focus - The company continues to focus on its operations and strives to create good returns for investors [2]

Core Viewpoint - The company announced the initiation of the Tianjin nylon new materials project, which is set to enhance its competitiveness in the new materials sector by integrating the entire production chain from "adiponitrile - hexamethylenediamine - nylon 66" [2] Group 1 - The project commenced pile foundation construction on September 24, 2025 [2] - The project is expected to be completed by 2027, following successful small-scale and pilot technology validations [2] - The completion of this project will further improve the company's new materials segment layout [2]

湖北宜化公告称，此前公司控股股东湖北宜化集团对控股子公司内蒙宜化、青海宜化、磷化工公司现金 增资10亿元的议案已获审议通过。近日，相关工商登记工作办理完毕，三家子公司已取得新《营业执 照》。增资后，内蒙宜化注册资本变为142,857.14万元，公司持股70%；青海宜化注册资本变为 114,285.71万元，公司持股69.3%，内蒙宜化持股0.7%；磷化工公司注册资本变为98,359.37万元，公司 持股87.43%。三家子公司仍为公司控股子公司。 ...

Core Viewpoint - Xiangtan Electric Chemical has experienced a significant decrease in the number of shareholders, indicating a potential shift in investor sentiment and market dynamics [2] Shareholder Information - As of November 20, the number of shareholders for Xiangtan Electric Chemical was 64,036, a decrease of 12,069 from the previous period (November 10), representing a decline of 15.86% [2] Stock Performance - The latest stock price for Xiangtan Electric Chemical is 13.46 yuan, reflecting a decrease of 3.86%. Since the concentration of shares began, the stock has cumulatively dropped by 13.88%, with 4 days of increase and 6 days of decrease, including one instance of hitting the daily limit down [2] Financing Data - As of November 21, the margin trading balance for the stock was 570 million yuan, with a financing balance of 569 million yuan. During the current concentration period, the financing balance increased by 24.37 million yuan, marking a growth of 4.48% [2] Financial Performance - According to the third-quarter report, the company achieved a total operating revenue of 1.402 billion yuan, representing a year-on-year growth of 1.36%. However, net profit decreased by 35.56% to 157 million yuan, with basic earnings per share at 0.2500 yuan and a weighted average return on equity of 5.17% [2]

交易咨询业务资格：证监许可【2012】1091号 纯碱早报 2025-11-24 大越期货投资咨询部 金泽彬 从业资格证号：F3048432 投资咨询证号： Z0015557 联系方式：0575-85226759 重要提示：本报告非期货交易咨询业务项下服务，其中的观点和信息仅作参考之用，不构成对任何人的投 资建议。 我司不会因为关注、收到或阅读本报告内容而视相关人员为客户；市场有风险，投资需谨慎。 每日观点 纯碱： 1、基本面：碱厂产量高位，远兴二期年前预期投产，整体供给预期充裕；下游浮法玻璃、光伏日 熔量整体延续下滑趋势，纯碱厂库处于历史同期高位；偏空 2、基差：河北沙河重质纯碱现货价1135元/吨，SA2601收盘价为1170元/吨，基差为-35元，期货升 水现货；偏空 3、库存：全国纯碱厂内库存164.44万吨，较前一周减少3.68%，库存在5年均值上方运行；偏空 4、盘面：价格在20日线下方运行，20日线向下；偏空 5、主力持仓：主力持仓净空，空减；偏空 6、预期：纯碱基本面疲弱，短期预计震荡偏空运行为主。 影响因素总结 利多： 1、设备问题导致企业减量检修，纯碱供应恢复较慢。 利空： 1、23年以来 ...

Core Viewpoint - The company is actively engaged in the production of lithium battery electrolyte additives and has confirmed that its current production capacity meets market demand, with plans for future expansion [2]. Group 1: Product Information - The company focuses on developing lithium battery electrolyte additives with specific technical characteristics suitable for its operations [2]. - The company's subsidiary, Haichuan Chemical, provides detailed information about the products on its official website [2]. Group 2: Production Capacity and Plans - The company has achieved full production and sales capacity for its lithium battery electrolyte additives [2]. - The first phase of the energy-saving Wanrun (Penglai) new materials project includes plans for the production capacity of lithium battery electrolyte additives [2].

Group 1: Company Overview - The company is Zhejiang Xinhacheng Co., Ltd., with stock code 002001 and abbreviation Xinhacheng [1] - The investor relations activity was recorded under number 2025-014 [1] Group 2: Investor Relations Activity - The activity included a strategy meeting with various investment firms and analysts [2] - Key participants included representatives from Guosen Securities, Qianhai Hezhi, and Huaxia Fund among others [2] Group 3: Project Updates - The Tianjin Nylon New Materials project commenced pile foundation construction in September 2025 and is expected to be completed by 2027 [3] - The company has a solid methionine production capacity of 30,000 tons, with an expansion project of 70,000 tons nearing completion [3] - The Heilongjiang base focuses on bio-fermentation products, including Vitamin C and various amino acids, enhancing overall efficiency through technological upgrades [3] Group 4: New Materials and Product Development - The company aims to be a leader in the new materials sector, focusing on high-performance polymers like PPS, with a current capacity of 22,000 tons and plans for expansion [4] - The fragrance segment produces various products, including linalool and citral, with ongoing projects to enhance product offerings [4] Group 5: Future Plans and Strategic Focus - The company plans to focus on health and high polymer new materials, emphasizing integrated and collaborative development strategies [6] - A share buyback plan is in place, with a total amount of 300 million to 600 million yuan allocated for stock repurchase to enhance investor confidence [6]