利尔化学所属申万行业为：基础化工-农化制品-农药。所属概念板块包括：生物农药、社保重仓、中 盘、融资融券等。 截至10月31日，利尔化学股东户数4.20万，较上期减少2.35%；人均流通股19008股，较上期增加 2.40%。2025年1月-9月，利尔化学实现营业收入67.09亿元，同比增长29.31%；归母净利润3.81亿元，同 比增长189.07%。 分红方面，利尔化学A股上市后累计派现14.96亿元。近三年，累计派现7.20亿元。 11月24日，利尔化学盘中下跌2.07%，截至11:22，报12.78元/股，成交1.54亿元，换手率1.48%，总市值 102.30亿元。 资金流向方面，主力资金净流出1212.78万元，特大单买入906.30万元，占比5.89%，卖出1930.64万元， 占比12.56%；大单买入2775.02万元，占比18.05%，卖出2963.46万元，占比19.27%。 利尔化学今年以来股价涨62.39%，近5个交易日跌4.77%，近20日涨0.55%，近60日涨3.31%。 今年以来利尔化学已经1次登上龙虎榜，最近一次登上龙虎榜为4月7日。 资料显示，利尔化学股份有限公司位于四川 ...

11月21日，中农联合跌5.01%，截至发稿，报16.87元/股，成交3541.21万元，换手率1.60%，总市值 24.04亿元。中农联合股价已经连续3天下跌，区间累计跌幅4.52%。 资料显示，山东中农联合生物科技股份有限公司位于中国(山东)自由贸易试验区济南片区经十路9999号 黄金时代广场A座14层，成立日期2006年12月19日，上市日期2021年4月6日，公司主营业务涉及农药原 药、中间体及制剂产品的研发、生产和销售。主营业务收入构成为：农药制剂52.97%，农药原药 44.83%，化工材料2.13%，其他0.07%。 风险提示：市场有风险，投资需谨慎。本文为AI大模型自动发布，任何在本文出现的信息（包括但不 限于个股、评论、预测、图表、指标、理论、任何形式的表述等）均只作为参考，不构成个人投资建 议。 责任编辑：小浪快报 从中农联合十大流通股东角度 数据显示，诺安基金旗下1只基金位居中农联合十大流通股东。诺安多策略混合A（320016）三季度新 进十大流通股东，持有股数93.2万股，占流通股的比例为0.73%。根据测算，今日浮亏损失约82.95万 元。连续3天下跌期间浮亏损失78.29万元。 诺 ...

Core Viewpoint - Lier Chemical's stock has experienced a significant increase of 68.23% year-to-date, with recent trading showing mixed capital flows and a slight decline in share price on November 21 [1][2]. Company Overview - Lier Chemical Co., Ltd. is based in Chengdu, Sichuan Province, and was established on July 26, 2000, with its stock listed on July 8, 2008. The company specializes in the research, production, and sales of safe pesticides, including chlorinated pyridine, organophosphorus, sulfonylurea, and substituted urea [1]. - The revenue composition of Lier Chemical includes: 61.17% from pesticide raw materials, 21.31% from pesticide formulations, 9.09% from pesticide intermediates, 4.29% from agrochemical product circulation, 3.45% from chemical materials, 0.56% from environmental disposal, and 0.14% from other sources [1]. Financial Performance - For the period from January to September 2025, Lier Chemical achieved a revenue of 6.709 billion yuan, representing a year-on-year growth of 29.31%. The net profit attributable to shareholders was 381 million yuan, showing a remarkable increase of 189.07% compared to the previous year [2]. - Since its A-share listing, Lier Chemical has distributed a total of 1.496 billion yuan in dividends, with 720 million yuan distributed over the past three years [3]. Shareholder Structure - As of October 31, 2025, Lier Chemical had 42,000 shareholders, a decrease of 2.35% from the previous period. The average number of circulating shares per person increased by 2.40% to 19,008 shares [2]. - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited holds 13.308 million shares, an increase of 5.8814 million shares from the previous period. New shareholder Penghua China 50 Mixed Fund holds 5.256 million shares [3].

Core Viewpoint - Wihua New Materials (603310.SH) is acquiring a 70% stake in Jiangsu Heyutai Chemical Co., Ltd. for 154 million yuan to extend its industrial chain and enhance core competitiveness, despite Heyutai not being profitable yet [1][2]. Group 1: Acquisition Details - The acquisition will be funded through the company's own funds and bank loans, with Heyutai becoming a controlled subsidiary post-transaction [1]. - The transaction is valued at 266 million yuan, with a premium rate of 4.22% [4]. - Prior to the acquisition, Wihua New Materials provided some intermediates necessary for Heyutai's production [2]. Group 2: Financial Performance - Heyutai's projected revenues for 2024 and the first half of 2025 are 464 million yuan and 202 million yuan, respectively, with net losses of 14.12 million yuan and 4.91 million yuan [3]. - As of June 2025, Heyutai's total assets are 778 million yuan, total liabilities are 523 million yuan, and net assets are 255 million yuan [4]. - Wihua New Materials has faced performance pressures, with a 15.18% decline in revenue to 660 million yuan and a 40.96% drop in net profit to 109 million yuan in the first three quarters of 2025 [4]. Group 3: Strategic Rationale - The acquisition allows Wihua New Materials to bypass lengthy and costly pesticide product registration processes, potentially saving 2-3 years and enabling quicker market entry [2]. - Wihua aims to improve Heyutai's performance by expanding sales channels, enhancing production capacity utilization, optimizing product processes, and strengthening internal management, targeting profitability by 2026 [4].

Group 1 - The company held its fifth board meeting on November 18, 2025, where all seven directors attended and voted on the agenda [2][5][3] - The board approved the acquisition of 70% equity in Jiangsu Heyutai Chemical Co., Ltd. for a cash consideration of 153.86 million yuan, funded by self-owned funds and bank loans [4][11][12] - The acquisition will allow Jiangsu Heyutai to become a wholly-owned subsidiary of the company, enhancing its product value chain and market position [11][15] Group 2 - Jiangsu Heyutai, established in June 2013, specializes in agricultural chemical products and has a registered capital of 120 million yuan [17][25] - The acquisition price was determined based on an asset appraisal that valued 100% of Jiangsu Heyutai's equity at 285.30 million yuan, with a 4.22% increase in value [28][30] - The company aims to leverage Jiangsu Heyutai's existing product lines and customer resources to enhance its operational efficiency and market reach [46][47] Group 3 - The transaction does not constitute a related party transaction or a major asset restructuring, and it does not require shareholder approval [12][16] - The company plans to implement measures to improve Jiangsu Heyutai's performance, which has shown signs of recovery after a period of losses [46][47] - The board's decision was supported by the strategic committee, ensuring compliance with legal and regulatory requirements [6][3]

值得一提的是，禾裕泰目前仍处于亏损阶段，核心原因是农化产品市场价格持续低位波动，叠加产能利 用率不足。不过亏损态势已呈现改善迹象，2025年上半年亏损额较上年同期有所收窄，第三季度经营情 况进一步向好。 11月18日晚，巍华新材（603310）（603310）发布公告，公司控股子公司浙江方华化学有限公司（简 称"方华化学"）拟以现金收购浙江欣禾生物股份（600201）有限公司（简称"欣禾生物"）持有的江苏禾 裕泰化学有限公司（简称"禾裕泰"）70%股权，交易对价1.54亿元，资金来源为自有资金及银行贷款。 交易完成后，禾裕泰将成为公司控股孙公司，纳入公司合并财务报表范围。 巍华新材表示，本次收购完成后，将通过大力拓展销售渠道、进一步提升产能利用率、优化产品工艺、 强化内部运营管理等措施，力争禾裕泰在2026年度开始实现扭亏为盈，并在未来持续创造稳定收益。 禾裕泰于2013年6月成立于江苏淮安，注册资本1.2亿元人民币，主营农药原药、制剂及中间体，业务布 局覆盖除草剂、杀菌剂等多品类农化产品，是具备研发、生产、销售一体化能力的农化企业。 巍华新材主要从事氯甲苯、三氟甲基苯系列精细化工产品的研发、生产和销售，公司 ...

Core Viewpoint - Wihua New Materials plans to acquire a 70% stake in He Yu Tai Chemical for 154 million yuan, aiming to enhance its competitiveness in the agricultural chemical sector and extend its product chain [2][3] Group 1: Acquisition Details - The acquisition involves Wihua's subsidiary, Zhejiang Fanghua Chemical, purchasing the stake from Zhejiang Xinhai Biological [2] - The transaction will be funded through self-owned funds and bank loans, with He Yu Tai becoming a controlled subsidiary post-acquisition [2] - He Yu Tai, established in June 2013, specializes in the research, production, and sales of agricultural chemicals, including herbicides and fungicides [2] Group 2: Strategic Rationale - The acquisition is part of Wihua's strategy to vertically extend its industrial chain, enhancing its overall competitiveness in the industry [2] - By acquiring He Yu Tai, Wihua can bypass lengthy and costly pesticide registration processes, potentially saving 2-3 years in market entry time [3] - He Yu Tai has faced losses due to low market prices and underutilization of capacity, but signs of improvement are noted, with reduced losses expected in the first half of 2025 [3] Group 3: Future Plans - Post-acquisition, Wihua aims to improve He Yu Tai's sales channels, capacity utilization, and internal operations to achieve profitability by 2026 [3] - He Yu Tai's current products rely on three main raw materials that are also produced by Wihua, ensuring stable supply and reducing procurement uncertainties [3]

Core Viewpoint - Zhongnong Lihua has announced the termination of its acquisition of a 50% stake in Taizhou Agricultural Materials Co., Ltd. due to the inability to reach final agreement on key terms with the shareholders involved [1][3]. Group 1: Acquisition Details - The acquisition was initially proposed on May 20, with the intention to purchase at least 50% of Taizhou Agricultural Materials from seven individual shareholders [1][3]. - The termination was mutually agreed upon after discussions and negotiations failed to yield consensus on core terms of the transaction [3]. Group 2: Company Performance - Zhongnong Lihua reported a revenue of 8.95 billion yuan for the first three quarters, reflecting a year-on-year increase of 5.11% [5]. - However, the net profit attributable to the parent company was 151 million yuan, showing a decline of 13.63% compared to the previous year [5]. - The company has indicated that the termination of the acquisition will not significantly impact its financial or operational status [3]. Group 3: Strategic Implications - The acquisition was expected to enhance Zhongnong Lihua's understanding of market demands and customer dynamics, thereby increasing market penetration in Zhejiang and surrounding areas [4]. - The termination of this deal means that the anticipated strategic benefits, such as improved product and service offerings, will not be realized [4]. - Despite this setback, Zhongnong Lihua plans to continue exploring potential cooperation opportunities with Taizhou Agricultural Materials [4].

【导读】中农立华终止收购台州农资不少于50%股份 中国基金报记者 李智 历时半年，中农立华的收购事项宣告终止。 中农立华终止收购台州农资50%股份 11月17日，中农立华发布公告称，公司与浙江省台州市农资股份有限公司（以下简称台州农资）的7位自然人股东陶维康、金果夫、刘海布、王伟民、胡 精良、黄伟胜、江志坚曾于5月20日签署《股份收购意向书》，拟以现金方式或其他方式收购上述自然人股东持有的台州农资不少于50%股份。 | 投资标的名称 | 浙江省台州市农资股份有限公司股份收购项目 | | --- | --- | | 投资金额(万元) | 元 | | 投资进展情况 | □完成 ☑终止 □交易要素变更 | | 特别风险提示(如有) | 公司前期与相关方所签署的《股份收购意向书》 旨在表达转受让双方对交易相关事宜的初步意 愿及初步商洽的意向性结果,属于意向性合作协 议。 | | | 因截至本公告日,转受让双方未能就投资交易达 成最终一致意见,拟终止本次对外投资,此事项 | | | 不会对公司财务状况和经营状况产生重大影响, | | | 不存在损害公司及股东利益的情形。 | 中农立华表示，《股份收购意向书》签署后，双方 ...

Core Insights - Hailir's stock price increased by 2.01% on November 7, reaching 13.72 CNY per share, with a total market capitalization of 4.663 billion CNY [1] - The company has seen a year-to-date stock price increase of 15.29%, but a decline of 6.22% over the past 20 days and 9.08% over the past 60 days [1] - Hailir's main business involves the production and sales of pesticide formulations and active ingredients, with 97.46% of revenue coming from pesticides [1] Financial Performance - For the period from January to September 2025, Hailir reported a revenue of 3.391 billion CNY, representing a year-on-year growth of 5.50%, and a net profit attributable to shareholders of 208 million CNY, up 6.15% year-on-year [2] - Cumulative cash dividends since the A-share listing amount to 1.255 billion CNY, with 680 million CNY distributed over the past three years [3] Shareholder Structure - As of September 30, 2025, Hailir had 13,000 shareholders, a decrease of 14.70% from the previous period, with an average of 26,229 circulating shares per shareholder, an increase of 17.23% [2] - The top ten circulating shareholders include new entrants such as招商量化精选股票发起式A and招商成长量化选股股票A, with significant holdings [3]