中国旭阳集团2024年营收规模475.43亿元/+3.2%，上市六年连续增长；总资产规模598.41亿元/+11.2%， 净资产规模158.77亿元/+9.7%，也都是上市六年连续增长；尤其在全行业普遍面临亏损境遇的背景下， 去年旭阳仍守住盈利底线实现净利润0.98亿元，彰显出强大的市场竞争力与坚韧的业绩增长能力。去年 公司业务已覆盖全国26省、129市及全球41个国家和地区，其中新生板块运营管理服务产能达到886万 吨/+114%、完成业务量651万吨/+45.6%，高纯氢销量实现2010万立方米/+115%，使得旭阳表现在整体 下行压力下显得格外珍贵和亮眼。 2025年上半年，旭阳集团不仅焦炭、化工新材料业务量再创新高实现1088万吨和285万吨，环比上涨33 万吨和20万吨，而且毛利润、EBITDA、净利润均实现环比增长，分别增长3.1%、2.8%和341.67%；并 凭借卓越的战略管理能力和运营管理能力、持续的创新实践和行业领先的可持续发展表现，荣登BMC 榜单，首次荣获"中国卓越管理公司(BMC)"奖项，成为能源化工领域转型升级的典范。 截至2025年11月21日，中国旭阳集团(01907)港股通持 ...

Core Insights - China Xuyang Group has seen significant growth in its stock holdings, reaching 352 million shares by November 21, 2025, which is 7.88% of total shares, an increase of 50 million shares since the beginning of 2025, marking an 88-fold increase since its listing [1] - The company has received multiple accolades for its sustainable development practices and has been included in various major indices, reflecting strong market recognition and investor confidence [1] - In 2024, the company reported a revenue of 47.543 billion yuan, a 3.2% increase, and maintained profitability with a net profit of 0.98 billion yuan despite industry challenges [3] Group 1 - The company has established nine production parks across various regions, providing operational management services to 18 coking and chemical companies, and has developed a unique chemical industry chain [2] - Xuyang has expanded its product offerings significantly, with a total operational scale of 28.64 million tons per year, including 22.6 million tons of coke and 6.04 million tons of chemicals [2] - The company has achieved remarkable growth in its new operational management services and high-purity hydrogen sales, with increases of 114% and 115% respectively [3] Group 2 - In the first half of 2025, the company achieved record high volumes in its coke and chemical new materials businesses, with significant increases in gross profit, EBITDA, and net profit [3] - The company is celebrating its 30th anniversary in 2025 and has made substantial investments in R&D and digital transformation, establishing itself as a leader in sustainable development [4] - Xuyang aims to continue its commitment to becoming a world-leading energy and chemical company, focusing on innovation and contributing to social progress [4]

汇添富稳健鑫添益六个月持有混合A（010870）成立日期2021年3月25日，最新规模8101.4万。今年以来 收益5.15%，同类排名6604/8136；近一年收益6.98%，同类排名6094/8056；成立以来收益15.55%。 11月21日，新安股份跌5.03%，截至发稿，报11.14元/股，成交3.06亿元，换手率2.00%，总市值150.35 亿元。 资料显示，浙江新安化工集团股份有限公司位于浙江省建德市新安江街道江滨中路1号新安大厦，成立 日期1993年5月12日，上市日期2001年9月6日，公司主营业务涉及农药化工、硅基新材料。主营业务收 入构成为：农化自产产品40.89%，硅基材料基础产品15.27%，硅基终端及特种硅烷产品13.96%，化工 新材料10.37%，其他8.67%，农化贸易产品7.95%，其他(补充)2.90%。 从基金十大重仓股角度 数据显示，汇添富基金旗下1只基金重仓新安股份。汇添富稳健鑫添益六个月持有混合A（010870）三 季度持有股数3.5万股，占基金净值比例为0.45%，位居第七大重仓股。根据测算，今日浮亏损失约2.06 万元。 林渌累计任职时间6年156天，现任基金 ...

震荡轮动继续，等待破局信号 20251119 摘要 当前市场进入景气验证阶段，上涨速度放缓，呈现震荡上行和行业轮动 特征，与价值重估和资金流入阶段相比，市场节奏明显不同。 国内外市场均面临挑战：国际上，英伟达财报及美联储降息预期不明朗； 国内方面，10 月社零和固投数据疲软，经济动能减弱，短期刺激政策预 期降低。 A 股市场进入新的横盘震荡阶段，年末机构资金止盈压力与基本面支撑 不足形成对峙，资金分流至新能源和锂电池等板块，热点分散导致指数 震荡。 长期来看，资本市场改革、结构性景气支撑、宏观流动性宽松及增量资 金流入等因素支持 A 股慢牛逻辑，但短期内缺乏共识和热点分散导致指 数震荡。 A 股已回踩 60 日均线，但成交额仍然偏高，需进一步萎缩至 1.6 万亿元 甚至更低，海外市场需关注美联储降息预期和英伟达财报。 短期投资策略建议攻守兼备，关注年底大盘价值风格（石油石化、钢铁、 煤炭、银行、非银金融、农林牧渔），以及涨价逻辑驱动的锂电材料和 化工新材料。 年底主题投资方向包括地域性主题（福建、海南）、生肖概念、中日博 弈（水产、船舶军工、关键资源、半导体材料），以及地缘政治风险下 的黄金避险。 Q&A 近 ...

每经头条（nbdtoutiao）——段睿：我与蔡磊是 "找钥匙的人"，纵使生前寻不到，也要为其他渐冻症患 者铺就近路 （记者 曾健辉） 截至发稿，新安股份市值为162亿元。 每经AI快讯，新安股份（SH 600596，收盘价：12.02元）11月18日晚间发布公告称，公司第十一届第二 十二次董事会会议于2025年11月18日以通讯表决方式召开。会议审议了《关于调整董事会审计委员会成 员的议案》等文件。 2025年1至6月份，新安股份的营业收入构成为：农化自产产品占比40.89%，硅基材料基础产品占比 15.27%，硅基终端及特种硅烷产品占比13.96%，化工新材料占比10.37%，其他占比8.67%，农化贸易产 品占比7.95%。 ...

每经AI快讯，东阳光（SH 600673，收盘价：20.93元）11月17日晚间发布公告称，公司于近日收到控股 股东之一致行动人宜昌药业股份的通知，获悉其将其持有的公司部分无限售流通股进行了质押，本次质 押2000万股。控股股东之一致行动人宜昌东阳光药业股份有限公司持有公司股份约5.45亿股，占公司总 股本的18.11%；截至本次股份质押完成后，宜昌药业股份持有公司股份累计质押数量约为5.1亿股，占 其持股数量的93.51%。截至本公告披露日，公司控股股东深圳市东阳光实业发展有限公司累计质押股 数数量约为5.42亿股，占其持股数量的87.37%；控股股东及其一致行动人累计质押股数数量约为12.32 亿股，占其合计持股数量的77.49%。 （记者 王晓波） 截至发稿，东阳光市值为630亿元。 每经头条（nbdtoutiao）——展望"十五五" | 专访尹艳林：让有钱且愿消费的人顺利消费；个税起征点可 提高，最高边际税率可下调，让有关群体少缴税、多收入 2025年1至6月份，东阳光的营业收入构成为：高端铝箔占比40.81%，化工新材料占比27.63%，电子元 器件占比25.4%，其他业务占比2.63%，能源材料占 ...

Group 1: Trade Growth - The total import and export volume of Changji Prefecture from January to September increased by 42.5% year-on-year, with exports growing by 47.3% and imports by 24.2% [1] - Changji Prefecture is positioned as an important hub on the New Silk Road, promoting open and win-win cross-border trade [1] Group 2: Support for Enterprises - The establishment of the "Chimkent Overseas Warehouse" and "China-Kazakhstan (Chimkent) Industrial Park" in Kazakhstan aims to facilitate the "going out" strategy for enterprises, integrating production and cross-border trade [2] - The local tax authority provides personalized guidance and dynamic risk alerts to support enterprises in navigating cross-border tax issues [2] Group 3: Financial Support and Tax Policies - Xinjiang New Aluminum Industry Co., Ltd. has established sales subsidiaries in Kazakhstan and received over 8 million yuan in export tax rebates, enhancing its market competitiveness [3] - The tax authority has optimized the export tax rebate process, implementing measures like "reporting and reviewing simultaneously" and "paperless tax filing" to facilitate enterprise operations [3] Group 4: Credit Value Enhancement - Xinjiang Lanshan Tunhe Energy Co., Ltd. leverages its A-level tax credit status to streamline its international market expansion, ensuring compliance in all operational processes [4] - The tax authority has implemented a mechanism to assist enterprises in correcting non-compliance issues and provides a "green channel" for A-level taxpayers, enhancing the overall efficiency of tax services [4]

Core Viewpoint - The news highlights the achievements and future plans of Jinshan District in Shanghai during the "14th Five-Year Plan" period, focusing on modernization, industrial transformation, and rural revitalization efforts. Economic Development - Jinshan District aims to break through a GDP of 120 billion yuan in 2024, with a per capita GDP reaching 21,500 USD [3] - The district has maintained stable economic growth while enhancing development quality and resilience [3] Industrial Transformation - Jinshan's industrial structure has improved, with total industrial output surpassing 300 billion yuan, and significant growth in high-tech sectors [4] - The service sector has seen rapid growth, with its share increasing from 31.8% to 40.9% since the end of the "13th Five-Year Plan" [4] Major Projects - The district has attracted over 20 projects with investments exceeding 1 billion yuan, including significant projects like the Shanghai Petrochemical upgrade and the Lexus new energy project [4] Technological Innovation - High-tech enterprises in Jinshan have increased by 39.5%, and specialized enterprises have surged by 375.3% [6] - The number of invention patents per ten thousand people has doubled, and international patent applications have increased nearly elevenfold [6] Rural Revitalization - Jinshan is recognized as a pioneer in rural revitalization, with agricultural productivity rising by 21%, surpassing the city average [7] - The district has established several national-level agricultural technology projects and tourism sites, enhancing its rural landscape [7] Social Welfare and Living Standards - Jinshan has improved its education system, with new vocational colleges and schools established, enhancing educational quality [8] - The district has also focused on health infrastructure, with new hospitals and public health centers being built [8] Urban Development and Governance - Jinshan has made significant strides in urban governance, focusing on safety and environmental improvements, and has been recognized for its ecological initiatives [9][10] - The district is committed to enhancing its transportation network and housing conditions, with substantial investments in public infrastructure [9] Future Outlook - Looking ahead to the "15th Five-Year Plan," Jinshan aims to deepen its transformation strategy, focusing on high-quality and sustainable development [11] - The district plans to enhance its industrial competitiveness and innovation capabilities, positioning itself as a key growth area in Shanghai and the Yangtze River Delta [11]

Group 1 - The core point of the article highlights the recent performance of Dongyangguang, which saw a 5.01% increase in stock price, reaching 21.16 yuan per share, with a trading volume of 664 million yuan and a turnover rate of 1.07%, resulting in a total market capitalization of 63.682 billion yuan [1] - Dongyangguang, established on October 24, 1996, and listed on September 17, 1993, is located in Dongguan, Guangdong Province, and operates in four main business segments: electronic new materials, alloy materials, chemical products, and pharmaceutical manufacturing [1] - The revenue composition of Dongyangguang includes high-end aluminum foil at 40.81%, chemical new materials at 27.63%, electronic components at 25.40%, and other categories contributing 2.63% for supplementary, 2.61% for energy materials, and 0.92% for other [1] Group 2 - From the perspective of fund holdings, Invesco Great Wall Fund has one fund heavily invested in Dongyangguang, specifically the Invesco Great Wall Stable Pension Target Three-Year Holding Period Mixed Fund (FOF) A (007272), which held 2,000 shares, accounting for 0.05% of the fund's net value, ranking as the fourth largest holding [2] - The Invesco Great Wall Stable Pension Target Three-Year Holding Period Mixed Fund (FOF) A (007272) was established on September 26, 2019, with a latest scale of 72.6747 million yuan, achieving a year-to-date return of 11.7%, ranking 619 out of 1,041 in its category [2] - The fund manager, Xue Xianzhi, has a tenure of 10 years and 273 days, with the fund's total asset scale at 93.7996 million yuan, achieving the best return of 51.47% and the worst return of -42.3% during his tenure [2]

Core Viewpoint - The petrochemical industry in China is at a critical juncture during the "14th Five-Year Plan" period, requiring a focus on resilience, green low-carbon development, digital empowerment, and open cooperation to transform external pressures into internal growth [1] Group 1: Supply Chain Resilience - The petrochemical industry faces challenges in supply chain security due to high dependence on imported crude oil and key chemical raw materials amid geopolitical conflicts and tariff barriers [2] - Experts emphasize the need to create a resilient supply chain by diversifying sources of crude oil and chemical raw materials, and focusing on high-end materials and critical components [2][3] - Enhancing the supply capacity of new chemical materials, particularly high-end materials, is crucial for ensuring industry safety and resilience [2] Group 2: Green Development - A transition to a clean, low-carbon, and efficient energy system is essential for the petrochemical industry, which faces significant emission reduction pressures from domestic policies [3] - The industry is encouraged to shift from end-of-pipe treatment to source re-engineering, promoting green, circular, and low-carbon development [3] - Companies are developing green low-carbon plans, focusing on energy efficiency and integrating refining with renewable energy [3] Group 3: Digital Empowerment - Digital transformation is identified as a key driver for new growth, with a focus on enhancing overall productivity through intelligent optimization [4] - The application of artificial intelligence in the petrochemical sector is expected to improve efficiency, reduce costs, and ensure safety [4][5] - Companies are implementing digital strategies, including the establishment of large-scale AI models to enhance operational efficiency [5] Group 4: Open Cooperation - The development of China's petrochemical industry relies on global cooperation, which is essential for mutual benefits and high-quality development [6] - The restructuring of global petrochemical supply chains presents opportunities for China to fill gaps in high-value product areas [6] - Enhancing global resource allocation capabilities and aligning with international standards in technology and digital operations is vital for sustainable competitiveness [6]