12月28日，总部位于荆门的洋丰集团股份有限公司举行2025年总结表彰大会。会上，新洋丰中磷总 经理李万和等三人获"董事长特别奖"，奖金分别达160万元、30万元和30万元。 洋丰集团年度总结表彰大会除总结工作外，关注度最高的就是年终奖发放，包括目标考核责任兑现 奖和单项奖。 当天，洋丰集团股份有限公司共发放奖金2000多万元，涉及300多人。除颁发"董事长特别奖"外， 还为先进单位、优秀管理干部、劳动模范、先进工作者、技改创新奖、合理化建议奖、科技荣誉奖、知 识产权奖、制定标准奖等奖项获得者和考核优秀单位颁发证书和奖金。 今年获"董事长特别奖"的三人分别为新洋丰中磷总经理李万和、新洋丰研究院副院长梁富忠和湖北 丰锂新能源科技公司总经理胡明峰。李万和今年担任新洋丰中磷总经理以来，果断推进实施35项技术改 造，覆盖磷化工从选矿到产品终端的全产业链，获得160万元奖金，同时还被表彰为优秀管理干部。 梁富忠和胡明峰通过技改和数字化改革，大幅降低磷酸铁生产成本，分别获得奖金30万元。 "获得'董事长特别奖'非常高兴，感谢董事长和总部的支持肯定，新洋丰中磷将继续深化改革，为 公司长远发展贡献力量。"李万和激动地说。 洋 ...

Investment Rating - The report initiates coverage with a "Buy" rating for the company, indicating a positive outlook for its stock performance in the next six months [11]. Core Insights - The company, Xinyangfeng, is a leading player in the domestic phosphate fertilizer industry, with over 40 years of experience in the agricultural chemical sector. It has established a dual business model of "phosphate fertilizer + new energy materials" and operates 12 production bases across the country, with an annual capacity of 10.28 million tons for various high-concentration phosphate fertilizers, 900,000 tons for phosphate rock, and 50,000 tons for iron phosphate [1][2]. - The company has reported significant growth in its performance for the first three quarters of 2025, with revenue reaching 13.475 billion yuan, a year-on-year increase of 8.96%, and a net profit attributable to shareholders of 1.374 billion yuan, surging by 23.43% year-on-year. The price of monoammonium phosphate has also seen a notable increase [2]. - The company is focusing its capital expenditures on deepening its industrial chain to solidify long-term competitiveness. Key projects include the construction of a new materials industrial park in Yichang, Hubei, and a specialized fertilizer project in Bengbu, Anhui, expected to be completed by the end of 2026 [3]. Financial Summary - For the fiscal year 2025, the company is projected to achieve a net profit of 1.658 billion yuan, with a corresponding price-to-earnings (P/E) ratio of 12 times. The expected net profits for 2026 and 2027 are 1.769 billion yuan and 1.977 billion yuan, respectively, with P/E ratios of 11 times and 10 times [3][5]. - The company's revenue is forecasted to grow from 15.563 billion yuan in 2024 to 20.056 billion yuan by 2027, reflecting a compound annual growth rate (CAGR) of approximately 8.17% [5].

Core Viewpoint - Food security is a critical national priority, and the company is committed to supporting this through its comprehensive agricultural strategies and innovations [1] Group 1: Industry Context - The Chinese government emphasizes the importance of food security as a foundation for national security, aiming to increase grain production from 1.4 trillion jin to 1.5 trillion jin [1] - The company recognizes the need for stable supply and efficient use of fertilizers as part of the strategy to enhance food security [1] Group 2: Company Strategy - The company has strategically positioned its production facilities close to phosphate resources and key agricultural markets to ensure a stable supply chain [2] - A new project in Hubei, set to begin in May 2025, aims to create a comprehensive phosphate resource utilization chain, enhancing production stability and cost control [2] Group 3: Market Development - The company has established modern fertilizer production bases across major agricultural provinces, allowing for tailored fertilizer solutions based on regional soil characteristics and crop types [4] - An investment agreement for a new specialized fertilizer project in Anhui is set to produce 1 million tons annually, further expanding the company's market presence [4] Group 4: Innovation and Product Development - The company has developed over 200 specialized fertilizer products tailored to various crops, addressing the need for high-efficiency and environmentally friendly solutions [5] - Collaborations with research institutions have led to significant advancements, such as a compound fertilizer that reduces toxin levels in oilseed crops by 80% [5] Group 5: Service and Support - The company emphasizes the importance of service alongside product sales, employing over 240 agronomists to provide comprehensive support to farmers [7] - The agronomists offer technical guidance on soil testing, planting management, and pest control, ensuring effective fertilizer application [7] Group 6: Future Outlook - The company aims to integrate its resource assurance, innovative product offerings, and extensive service network into the national food security strategy, contributing to agricultural strength [9] - The mission is to enhance agricultural productivity and ensure food security through a robust and efficient supply chain [9]

Core Viewpoint - During the "14th Five-Year Plan" period, China's phosphate fertilizer industry has achieved significant improvements in competitiveness through optimization of layout, structural adjustments, technological innovation, and green transformation, ensuring supply and upgrading the industry [1] Group 1: Layout Optimization - The phosphate fertilizer industry has seen a steady increase in concentration and balanced regional development, with the output of phosphate fertilizer in key provinces expected to grow by approximately 6% by the end of the "14th Five-Year Plan" [2] - The top ten enterprises in the industry are projected to increase their output by 10%, while the number of large-scale phosphate fertilizer production enterprises is expected to decrease by 35% [2] - The market share of compound fertilizers has risen from 36% at the end of the "13th Five-Year Plan" to around 42% by the end of the "14th Five-Year Plan" [2] Group 2: Structural Adjustment - The industry has undergone significant upgrades in raw material structure, product structure, and organizational structure, enhancing collaborative effects [3] - The raw material structure has diversified, with the economic grade of low-grade phosphate rock decreasing to 14%-16%, and imports of phosphate rock steadily increasing [3] - The production capacity of new high-efficiency fertilizers, such as ammonium polyphosphate and water-soluble monoammonium phosphate, has expanded, with the capacity of wet-process phosphoric acid increasing threefold compared to the end of the "13th Five-Year Plan" [3][4] Group 3: Green Transformation - The phosphate fertilizer industry has integrated green development concepts into the entire production process, achieving significant results in environmental governance and resource recycling [5] - The utilization rate of phosphogypsum has increased by nearly 16 percentage points, and the recovery rate of associated fluorine resources has significantly improved, with some facilities achieving over 60% recovery [5] - Approximately 30 compound fertilizer enterprises have received "green factory" certification, and the industry is promoting energy-saving measures and waste recycling systems [6]

"1.4万亿斤到1.5万亿斤，多出的1000亿斤粮食必须依靠科技力量！"针对"十五五"规划建议中的粮 食产能提升目标，新洋丰农业科技股份有限公司执行总裁杨磊如是说。近日，中国经济网记者就"十五 五"规划建议中提出的"千亿斤粮食产能提升行动""发展壮大民营经济"等话题专访了新洋丰执行总裁杨 磊。 中国经济网："十五五"规划建议中明确提出"加力实施新一轮千亿斤粮食产能提升行动，增强粮食 等重要农产品供给保障能力"。也就是说我们的粮食产量要从1.4万亿斤增加到1.5万亿斤，作为重要农资 企业，新洋丰未来将为我们粮食增产要做出哪些努力？在科技和产品创新方面有哪些布局和举措？ 杨磊：粮食安全是"国之大者"，从1.4万亿斤迈向1.5万亿斤，这新增的千亿斤产能，必须依靠科技 的力量。作为磷复肥行业龙头，新洋丰在"十五五"期间将着力推进由传统的"肥料制造商"转型为"作物 营养解决方案提供者"，通过"产品+服务"双核驱动，为粮食增产保驾护航。 在产品与服务创新上，我们重点做好两件事： 第一，以科技创新为引擎，推动产品从"用肥多"向"用肥精"跨越。我们深知，未来的增产不能再依 赖化肥的过量投入，而要靠利用率的提升和土壤健康的恢复 ...

Core Viewpoint - The company emphasizes the necessity of leveraging technology to achieve the goal of increasing grain production from 1.4 trillion jin to 1.5 trillion jin during the 14th Five-Year Plan, highlighting its commitment to transforming from a traditional fertilizer manufacturer to a provider of crop nutrition solutions [1] Group 1: Technological and Product Innovations - The company aims to enhance fertilizer efficiency and soil health by transitioning from excessive fertilizer use to precision application, supported by a robust R&D system that includes over 260 patents and participation in more than 20 national and provincial research projects [2] - Collaboration with academic institutions, such as the team led by Academician Li Peiwu, has led to innovative solutions like integrating ARC technology into fertilizers, addressing global challenges like aflatoxin while improving crop yields [2] Group 2: Digital Services and Agricultural Support - The establishment of a professional agronomy service team of over 200 members, with an annual investment exceeding 40 million yuan, provides customized fertilization plans and comprehensive technical guidance to farmers [3] - The company has developed the "Yangfeng Shennonghui" digital platform, utilizing big data and crop growth models to offer tailored nutritional solutions, thereby enhancing fertilizer utilization and protecting arable land quality [3] Group 3: Future Investments and Strategic Directions - The company plans to invest in supply chain resilience by establishing a "dual main business" model, focusing on both its core phosphate fertilizer business and exploring new growth areas in renewable materials and fine chemicals [4] - Regional optimization efforts include the construction of 14 production bases across various provinces, with a new 1 million-ton specialized fertilizer project in Anhui aimed at strengthening market competitiveness in key agricultural regions [4] - Digital transformation initiatives are underway to enhance internal capabilities, with automation in ammonia synthesis increasing from 75% to 99%, aiming to replace demographic advantages with technological benefits [4] Group 4: Green Transition and Sustainability Efforts - The company is committed to a green transition during the 14th Five-Year Plan, focusing on the comprehensive utilization of phosphogypsum, with a processing capacity exceeding 7 million tons annually and a leading utilization rate in the industry [5] - Innovative solutions for phosphogypsum include its application in ecological restoration projects and the production of high-value products like gypsum building materials and soil conditioners, promoting resource recycling [5] - Efforts to reduce energy consumption and material waste throughout the production process are being implemented, alongside the introduction of new efficient fertilizers designed for soil improvement [5]

万物土中生，有土斯有粮。12月5日是第12个"世界土壤日"。当前，全球约40%的土壤面临退化风险， 耕地酸化、板结、盐渍化等"隐形之痛"正成为制约农业可持续发展的瓶颈。在这一严峻挑战下，如何让 疲惫的耕地重焕生机？ 为了验证肥效，王盛锋和同事们反复进行助剂复配与淋溶试验，并从室内"转战"室外，在田间地头实测 养分迁移数据。无数次的叩问与求索，终将构想变为现实。当看到应用了新产品的小麦籽粒饱满、长势 喜人时，王盛锋站在田埂上感慨："真正的科研是将技术化作土地的力量。" 作为中国磷复肥行业的领军企业，新洋丰（000902）农业科技股份有限公司（以下简称"新洋丰"）给出 了"系统性方案"：以"土壤健康"为核心，通过"服务诊断、科技攻关、产品对症"的三维驱动，构建起一 套从田间体检到精准施治的全链条闭环，打响了一场守护"大国粮仓"的土壤健康保卫战。 服务创新：把脉问诊进田间 治理土壤，诊断先行。长期以来，农户"凭经验施肥"导致的养分失衡，是造成土壤"亚健康"的重要诱 因。在新洋丰看来，守护土壤的第一步，必须是精准的"体检"和科学的"陪伴"。 为此，新洋丰打破传统农资销售壁垒，在行业内首创"3+1"农化服务模式（即1名 ...

消费是经济增长的持久动力，而供应链的稳健是这一切的基础。面对"十五五"即将开启的新机遇，如何 进一步端牢"中国饭碗"？新洋丰给出的答案是：保持战略定力，筑牢"保供压舱石"。 新洋丰持续深化"创新驱动，绿色发展"。2025年，从新疆阿克苏基地辐射西北，到湖北宜昌循环经济产 业园掌控核心资源，再到安徽蚌埠新型肥料项目深耕华东市场，这一系列重大项目在全国范围内形成了 一张响应迅速的保供网，以强大的供应链韧性，确保第一时间将优质农资输送到最需要的地方，为国家 粮食安全保驾护航。 南海之滨，潮起博鳌。12月2日至5日，2025（第十届）企业家博鳌论坛在海南盛大举行。在"链接全 球，引领未来：'十五五'新机遇"的主题下，政府人士、专家学者、企业代表齐聚一堂，探寻中国经济 高质量发展的新路径。 磷复肥领军企业新洋丰（000902）应邀参会，并在3日举办的"国民共'拾'光——2025新消费发展论 坛"获得了"为国民仓廪实而生"殊荣，凭借四十余年对农业根基的坚守，新洋丰再立行业标杆。 荣誉加持：连接田间与餐桌的品质纽带 新华网（603888）党委书记、董事长储学军在论坛致辞中指出，中国消费市场正经历由品质升级驱动的 深刻变革， ...

Core Viewpoint - The 2025 China Phosphate and Compound Fertilizer Industry Exhibition showcased Xinyangfeng Agricultural Technology Co., Ltd. as a leader in promoting agricultural green transformation and high-quality development through innovative products and systematic service solutions [1][8]. Group 1: Innovative Products - Xinyangfeng presented its "4+N" core products, focusing on "efficiency, specialization, environmental protection, and functionality," including high-value crop-specific fertilizers and upgraded sulfur-based compound fertilizers [1][9]. - The company's products were noted for their stability and quality, with positive feedback from attendees highlighting their non-caking properties [1]. Group 2: Interactive Demonstrations - The interactive trial area at the exhibition featured experiments demonstrating the quick dissolution of the bio-organic fertilizer "Yangfeng Dou" and the unique soil pH adjustment capabilities of the upgraded sulfur-based compound fertilizer "Yangfeng Supreme" [4][6]. Group 3: Research and Development - Xinyangfeng has established a comprehensive innovation system from product development to industrialization, supported by research bases in Jingmen and Beijing [7]. - The company emphasizes strict field trial validations, with multiple technical indicators exceeding national standards, reflecting its commitment to R&D investment and technological innovation [7]. Group 4: Industry Recognition - The exhibition attracted notable leaders and experts who praised Xinyangfeng's practices in driving green development through technological innovation [8][10]. - The company aims to enhance quality and efficiency by transitioning fertilizers from generic to functional types and upgrading production processes to be greener and smarter [9]. Group 5: Technical Services and Training - Xinyangfeng has built a professional technical service team of over 200 members, conducting over 10,000 training sessions and market observation meetings in 2024, benefiting over 610,000 participants [11]. - The company received accolades for its digital transformation and brand communication efforts, winning the "Traffic King" title in multiple categories [11]. Group 6: Future Outlook - Xinyangfeng plans to continue its commitment to green development and deepen its "three doubles and one more" strategy, focusing on ongoing technological innovation and service upgrades to contribute to agricultural modernization and food security [11].

Core Insights - The 2025 China Phosphate and Compound Fertilizer Industry Exhibition, themed "Innovative Development, Green Future," was held from November 4 to 6 in Nanjing, showcasing the leading role of Xinyangfeng Agricultural Technology Co., Ltd. in promoting agricultural green transformation and high-quality development [1] Group 1: Innovative Products and Competitive Edge - Xinyangfeng presented its "4+N" core products focused on "efficiency, specialization, environmental protection, and functionality," including high-value crop-specific fertilizers and upgraded sulfur-based compound fertilizers, attracting significant attention from attendees [2] - The company's products were noted for their stability and quality, with a dealer highlighting the non-caking feature and consistent quality as key trust factors [2] Group 2: Interactive Demonstrations and Research - The interactive experiment area at Xinyangfeng's booth demonstrated the superior solubility of its biological organic fertilizer and the unique soil pH adjustment capabilities of its upgraded sulfur-based compound fertilizer [6][8] - Xinyangfeng has established a comprehensive innovation system from product development to industrialization, supported by its research bases in Jingmen and Beijing, with products exceeding national standards [8] Group 3: Leadership and Industry Recognition - Notable leaders and experts visited Xinyangfeng's booth, praising the company's technology-driven green development practices and encouraging its continued leadership in the industry [9] - The company emphasized quality improvement and efficiency enhancement through product innovation and service upgrades, aiming to transition fertilizers from generic to functional types [11] Group 4: Training and Digital Transformation - Xinyangfeng has built a professional technical service team of over 200 members, conducting over 10,000 training sessions in 2024, benefiting more than 610,000 farmers [13] - The company received accolades for its digital transformation efforts, with multiple platforms recognized as "Traffic Kings" in the agricultural service sector [13] Group 5: Future Directions - As the phosphate and compound fertilizer industry faces multiple challenges, Xinyangfeng aims to continue its commitment to green development and enhance its strategic initiatives through ongoing technological innovation and service upgrades [13]