登录新浪财经APP 搜索【信披】查看更多考评等级 1.3公司全体董事出席董事会会议。 1.4本半年度报告未经审计。 1.5董事会决议通过的本报告期利润分配预案或公积金转增股本预案 不适用 第二节公司基本情况 公司代码：600955 公司简称：维远股份 第一节重要提示 1.1本半年度报告摘要来自半年度报告全文，为全面了解本公司的经营成果、财务状况及未来发展规 划，投资者应当到www.sse.com.cn网站仔细阅读半年度报告全文。 1.2本公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容的真实性、准确性、完整 性，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 2.1公司简介 ■ 2.2主要财务数据 单位：元 币种：人民币 ■ 2.3前10名股东持股情况表 单位: 股 ■ 2.4截至报告期末的优先股股东总数、前10名优先股股东情况表 □适用 √不适用 2.5控股股东或实际控制人变更情况 □适用 √不适用 2.6在半年度报告批准报出日存续的债券情况 □适用 √不适用 第三节重要事项 公司应当根据重要性原则，说明报告期内公司经营情况的重大变化，以及报告期内发生的对公司经营情 况有重 ...

公司2025年半年度报告显示，上半年实现营业收入6797.62万元，同比下降7.45%；归母净利润344.28万 元，同比下降78.01%。业绩下滑主要受双氧水市场需求低迷影响，产品价格同比下降18.52%，毛利率 减少18.73个百分点。 截至2025年8月21日收盘，柳化股份股价报3.82元，较前一交易日上涨0.03元，涨幅0.79%。当日开盘价 为3.84元，最高触及3.85元，最低下探至3.78元，成交量为29.19万手，成交额1.11亿元。 柳化股份主营业务为化工产品的生产和销售，主要产品包括双氧水等。公司属于化学原料板块，同时涉 及央国企改革、西部大开发等概念。 风险提示：市场有风险，投资需谨慎。 来源:金融界 资金流向方面，8月21日主力资金净流出650.11万元，近五日累计净流出2137.90万元。 ...

Investment Rating - The report maintains a "Strong Buy" rating for Satellite Chemical, expecting it to outperform the benchmark index by over 20% in the next six months [2][18]. Core Views - Satellite Chemical reported a revenue of 23.46 billion yuan for the first half of 2025, a year-on-year increase of 20.93%, and a net profit attributable to shareholders of 2.744 billion yuan, up 33.44% year-on-year [2]. - The company is expected to benefit from a decline in ethane prices, which may help restore profitability in Q3 2025 [2][8]. - The company is expanding its industrial chain and enhancing its facilities, with significant investments in high-value products [2][8]. Financial Performance Summary - For Q2 2025, the company achieved a revenue of 11.131 billion yuan, with a year-on-year increase of 5.05% but a quarter-on-quarter decrease of 9.72% [2]. - The gross profit margin for Q2 2025 decreased by 2.35 percentage points to 19.33%, and the net profit margin fell by 2.16 percentage points to 10.55% [8]. - The report forecasts revenue growth rates of 10.0%, 10.5%, 9.6%, and 23.0% for the years 2024 to 2027, respectively [4]. Price Target and Valuation - The target price for Satellite Chemical is set at 23.04 yuan, based on a relative valuation method using a 12x PE ratio for 2025 [4][8]. - The current market price is 18.63 yuan, indicating potential upside [4]. Industry Outlook - The report highlights that the ethane supply is returning to normal, which may lead to a more favorable cost structure for the company [8]. - The company is also expected to benefit from the completion of its alpha-olefins project, which has a total investment of 26.6 billion yuan [8].

证券代码：600929 证券简称：雪天盐业 公告编号：2025-044 雪天盐业集团股份有限公司 | 销售渠道 | 本期营业收入（单位：万元） | | --- | --- | | 直销 | 47,599.06 | | 经销 | 66,848.26 | | 合计 | 114,447.32 | 3、按地区分布分类情况： 2025 年第二季度主要经营数据公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、 误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承 担法律责任。 根据上海证券交易所《上海证券交易所上市公司自律监管指引第 3 号行业信息披露：第十四号——食品制造》的要求，雪天盐业集团 股份有限公司（以下简称公司）现将 2025 年第二季度主要经营数据 披露如下： 一、公司 2025 年第二季度主要经营情况 1、按产品类别分类情况： | 产品名称 | 本期营业收入（单位：万元） | | --- | --- | | 各类盐 | 52,220.54 | | 芒硝 | 2,409.64 | | 烧碱类 | 12,553.00 | | 双氧水 | 2,583.31 | | 纯碱 | 28,953.2 ...

近期，潞安恒通化工公司双氧水厂双氧水工段全力营造创新氛围，把"小发明、小创造、小革新、小设 计、小建议"的"五小创新"理念深度融入生产管理各环节，鼓励职工立足岗位，从细微处挖掘创新点， 以点滴创新汇聚强大动力，推动企业降本增效。 回收水资源降低成本。该工段甲班小组长于小伟在日常巡检时，发现蒸汽冷凝液与碱泵冷却水存在外排 情况。他深知水资源珍贵，当即思索能否将这两部分水回收至循环水系统，并迅速构思改造方案。工段 长获悉后迅速组织人员完善方案细节，安排专业人员严格检测水质，确保回收水符合循环水系统标准。 检测达标后，改造迅速实施。如今，这一改造每日可为企业节约20立方米水资源，有效降低生产成本， 成效斐然。 创新停车模式保障安全。该工段根据装置运行现状，聚焦分离设备液位异常升高冒料的安全问题，精准 施策。对现场放空分离器、高位集料槽、芳烃中间槽等设备增设仪表远传液位监测装置，实现三取二安 全联锁停车模式，即当三个条件满足两个时，系统立即启动自动停车程序。这一优化将人工巡检的反应 滞后性转化为智能系统的即时响应，避免了分离设备液位异常升高冒料的风险，装置本质安全水平再上 新台阶。 尾气分离减少资源损耗。该工段生产过 ...

Group 1 - The company expects to report a significant increase in operating performance for the period from January 1, 2025, to June 30, 2025, driven by higher sales prices of caustic soda and increased production and sales volumes of its main products [2] - The sales prices of other key products, such as AC foaming agent and thionyl chloride, have slightly decreased compared to the previous year, while the price of hydrogen peroxide has seen a significant decline [2] - The company has successfully increased its overall revenue compared to the previous year, supported by a notable decrease in procurement costs for major raw materials like coal, salt, and urea, leading to an improvement in the overall gross profit margin [2]

Group 1 - The article highlights the breakthrough in caprolactam complete technology, which has achieved international leading standards and established the world's largest production facility with a capacity of 600,000 tons per year [1][4] - Caprolactam is a key monomer for nylon 6, widely used in various industries, but its production has faced challenges such as high energy consumption, emissions, and complex processes [2][3] - The new technology developed by the team includes innovative methods for producing cyclohexanone, significantly improving carbon atom utilization from 80% to over 95% and reducing waste emissions by 90% [2][3] Group 2 - The article discusses the development of a fluidized bed hydrogen peroxide production technology, which has broken the monopoly in this field and supports the production of caprolactam [5][6] - Despite China producing over 50% of the world's hydrogen peroxide, the traditional fixed bed technology has been inefficient, with production capacity significantly lower than that of foreign fluidized bed technologies [5][6] - The new technology integrates multiple innovations, enhancing production efficiency and enabling large-scale production, meeting the needs of caprolactam and other projects [7] Group 3 - The article notes that the new caprolactam technology has led to a reduction in CO2 and pollutant emissions by 56% and 74%, respectively, and a decrease in energy consumption by nearly 300 kg of standard oil per ton, along with a reduction in production costs by nearly 3,000 yuan per ton [4] - The fluidized bed technology has shown promising results, with a cumulative production of 585,000 tons of hydrogen peroxide in 2024, and significant reductions in energy and hydrogen consumption compared to previous years [8]

Core Viewpoint - China Petrochemical Corporation (Sinopec) has achieved a significant breakthrough in the development of a fluidized bed hydrogen peroxide production technology, breaking the long-standing foreign monopoly and providing technological support for the upgrade of domestic hydrogen peroxide production technology [1][3]. Group 1: Technology Development - The newly developed fluidized bed hydrogen peroxide production technology has been in development for 15 years, resulting in 72 Chinese invention patents and 1 PCT international patent [3]. - The technology integrates multiple innovations, including three types of catalysts, three process enhancements, and two new reactions, significantly improving production efficiency and enabling large-scale production [3][4]. Group 2: Market Position and Production Capacity - In 2022, China accounted for over 50% of the global hydrogen peroxide market share, with an annual production capacity of 24 million tons, although the production process primarily relied on outdated fixed bed technology [3]. - The first domestic industrial production unit using Sinopec's fluidized bed technology was established in Hunan in 2018, with a capacity of 72,000 tons per year, outperforming domestic technology standards [4]. Group 3: Future Prospects and Economic Impact - The fluidized bed technology is expected to address essential safety issues in hydrogen peroxide production and has been recognized for its industry promotion value [4]. - In 2024, Hunan Petrochemical is projected to produce a total of 585,000 tons of hydrogen peroxide, with significant reductions in comprehensive energy consumption compared to the previous year [4].

Core Viewpoint - Sinopec has achieved a significant breakthrough in the development of fluidized bed hydrogen peroxide production technology, breaking the long-standing foreign monopoly and providing technological support for the upgrade of domestic hydrogen peroxide production technology [1][2]. Group 1: Technology Development - The fluidized bed hydrogen peroxide production technology developed by Sinopec has been in research for 15 years, resulting in 72 Chinese invention patents and 1 PCT international patent [1]. - The new technology integrates multiple innovations, including three types of catalysts, three process enhancements, and two new reactions, significantly improving production efficiency [1]. - The fluidized bed process allows for large-scale equipment, meeting the production needs for projects like caprolactam and propylene oxide [1]. Group 2: Market Position and Production Capacity - In 2022, China held over 50% of the global hydrogen peroxide market share, with an annual production capacity of 24 million tons, although the production process mainly relied on outdated fixed bed technology [1]. - The first domestic industrial production unit using Sinopec's fluidized bed technology was established in Hunan in 2018, with a capacity of 72,000 tons per year, outperforming domestic technology standards [2]. - In 2024, Hunan Petrochemical is expected to produce a total of 58,500 tons of hydrogen peroxide, with the first half of the year showing a cumulative production of 318,600 tons and a significant reduction in comprehensive energy consumption year-on-year [2]. Group 3: Industry Impact and Future Prospects - Experts at a recent conference recognized that Sinopec's hydrogen peroxide technology effectively addresses the inherent safety issues in hydrogen peroxide production, indicating its potential for industry-wide adoption [2]. - The technology has already been licensed to foreign companies, with a major European engineering firm responsible for promoting its licensing in Europe and North America [1].

Core Viewpoint - The court case involving Liu Hua Co., Ltd. and the auction contract dispute has been sent back for retrial by the Guangxi High Court, raising questions about the ownership of a significant platinum asset [1][2]. Group 1: Legal Proceedings - The Guangxi High Court found procedural violations in the initial trial, leading to the annulment of the previous ruling by the Nanning Intermediate People's Court and ordering a retrial [1]. - The plaintiff, Shanxi Huaxin Blue Ocean Industrial Co., Ltd., claims ownership of approximately 264.17 kg of platinum mesh, which they argue is part of the asset package acquired through an auction [2][3]. - The initial ruling in February 2022 dismissed Huaxin Blue Ocean's claims, prompting an appeal to the Guangxi High Court [2]. Group 2: Asset Valuation - The platinum mesh is valued at approximately 66.04 million yuan based on the price of 250 yuan per gram as of May 21, 2021, and its current market value exceeds 85 million yuan based on the price of 324.09 yuan per gram as of June 30, 2023 [3]. - The asset in question is considered a significant part of the auctioned asset package, which includes machinery and equipment from Liu Hua Co., Ltd. [2]. Group 3: Company Overview - Liu Hua Co., Ltd. primarily engages in the production and sale of hydrogen peroxide, with recent fluctuations in performance attributed to increased domestic production capacity [4]. - In 2024, Liu Hua Co., Ltd. reported revenue of 165 million yuan and a net profit of 30.18 million yuan [4].