Report Industry Investment Ratings - Acrylene: ★☆☆ [1] - Polypropylene: ★☆☆ [1] - Plastic: ★☆☆ [1] - Pure Benzene: ☆☆☆ [1] - Styrene: ☆☆☆ [1] - PTA: ☆☆☆ [1] - Hexanediol: ☆☆☆ [1] - Short Fiber: ★☆☆ [1] - Bottle Chip: ☆☆☆ [1] - Methanol: ★☆☆ [1] - Urea: ☆☆☆ [1] - PVC: ★☆☆ [1] - Caustic Soda: ☆☆☆ [1] - Soda Ash: ★★★ [1] - Glass: ★★★ [1] Core Views - The olefin - polyolefin market shows a weak trend, with acrylene price rising but facing constraints, and plastic and polypropylene in a bearish pattern [2]. - The pure benzene - styrene market is in an oscillatory state, with pure benzene likely to oscillate and styrene maintaining a low - level range [3]. - The polyester market has different trends for each product, with PX expected to be strong in the medium - term, PTA following cost - driven logic, and other products having their own supply - demand characteristics [4]. - The coal - chemical market has methanol in a game between strong expectations and weak reality, and urea may return to a stalemate after a short - term rise [5]. - The chlor - alkali market has PVC and caustic soda in an oscillatory state, with PVC likely to operate in a low - level range and caustic soda running weakly [6]. - The soda ash - glass market has soda ash in an oversupply situation in the long - term and glass expected to oscillate strongly, and the strategy of going long on glass and short on soda ash is recommended [7]. Summary by Related Catalogs Olefin - Polyolefin - Acrylene futures fluctuate weakly around the 5 - day moving average. Supply in Shandong is tight, pushing up prices, but downstream cost pressure may limit the upside [2]. - Plastic and polypropylene futures are in a bearish pattern. Polyethylene has stable domestic supply and weakening demand, while polypropylene downstream has low inventory - building willingness [2]. Pure Benzene - Styrene - Pure benzene prices are under pressure due to weakening gasoline crack spreads, high arrival expectations, and falling demand, but may oscillate due to future device maintenance [3]. - Styrene futures fluctuate narrowly. Supply - demand structure improves slightly, and profit is repaired, but the price may continue to oscillate [3]. Polyester - PX short - term supply - demand weakens, but is expected to be strong in the medium - term. PTA follows cost - driven logic and may see improved processing margins [4]. - Hexanediol supply improves marginally, with limited medium - term rebound space. Short fiber has no new investment pressure, and bottle chip demand fades [4]. Coal - Chemical - Methanol has a game between strong expectations and weak reality. Near - month contracts are strong, but high imports and potential MTO shutdowns may limit the upside [5]. - Urea prices rise in the short - term due to concentrated demand release, but may return to a stalemate as the demand boost is not sustainable [5]. Chlor - Alkali - PVC oscillates. Export may improve, and prices may stop falling, but high inventory pressure remains [6]. - Caustic soda oscillates. High inventory, poor demand, and potential alumina production cuts lead to a weak trend [6]. Soda Ash - Glass - Soda ash oscillates. Inventory decreases, but there is an oversupply in the long - term. Attention should be paid to upstream cost fluctuations [7]. - Glass oscillates strongly. Cold - repair may compress capacity, and cost support may lift prices [7].

Report Industry Investment Ratings - Urea: ★★★ (Red stars represent a predicted trend of rising) [1] - Methanol: ★★★ [1] - Pure Benzene: ★★★ [1] - Styrene: ★★★ [1] - Polypropylene: ★☆☆ (One star represents a bullish/bearish bias, but with limited operability on the trading floor) [1] - Plastic: ★☆☆ [1] - PVC: ★★★ [1] - Caustic Soda: ☆☆☆ (White stars represent a relatively balanced short - term bullish/bearish trend and limited operability on the trading floor) [1] - PX: ★★★ [1] - PTA: ☆☆☆ [1] - Ethylene Glycol: ★★★ [1] - Short - fiber: ☆☆☆ [1] - Glass: ★★★ [1] - Soda Ash: ☆☆☆ [1] - Bottle Chip: ★★★ [1] - Propylene: ★★★ [1] Core Viewpoints - The olefin - polyolefin market shows mixed trends. Propylene is stable with a slight increase, while plastic and polypropylene are falling due to supply - demand imbalances [2]. - The pure benzene - styrene market has a downward trend in pure benzene and a stable - supported trend in styrene [3]. - The polyester market has different trends for each product. PX is expected to be strong in the medium - term, PTA follows cost - driven logic, ethylene glycol may rebound in the short - term but has limited medium - term space, short - fiber follows raw material prices, and bottle chip is cost - driven with over - capacity pressure [5]. - The coal - chemical market has different trends for methanol and urea. Methanol may have a long - spread opportunity, while urea is expected to remain in a supply - surplus situation [6]. - The chlor - alkali market shows that PVC may stop falling and stabilize, and caustic soda is in a weak operation [7]. - The soda ash - glass market shows that soda ash is in a supply - surplus situation, and glass may have limited downward space [8]. Summary by Directory Olefin - Polyolefin - Propylene futures fluctuate above the 5 - day average line. Market lacks news, with stable enterprise quotes and a slight increase in real - deal prices [2]. - Plastic and polypropylene futures decline. Plastic has increased supply pressure due to reduced maintenance and more arrivals, and weak demand. Polypropylene's supply is expected to increase slightly, and demand is limited [2]. Pure Benzene - Styrene - Unified benzene prices continue to fall. There are concerns about Asian pure benzene exports, but the sustainability is questionable. Downstream demand is weak [3]. - Styrene futures fluctuate narrowly. Supply may decrease slightly, demand is good, and inventory is falling, supporting prices [3]. Polyester - PX's short - term supply - demand is weak, but it is expected to be strong in the medium - term. PTA follows cost - driven logic and may see improved processing margins [5]. - Ethylene glycol may rebound in the short - term but has limited medium - term space. Short - fiber follows raw material prices, and bottle chip is cost - driven with over - capacity [5]. Coal - Chemical - Methanol futures adjust narrowly, and spot prices rise slightly. There may be an opportunity to go long on the 5 - 9 spread, but beware of weak reality [6]. - Urea futures fall, and spot prices in the Northeast rise. The supply - surplus situation is expected to continue [6]. Chlor - Alkali - PVC shows an oscillating trend. There is a possibility of export improvement to India, and inventory is decreasing. It may follow cost changes [7]. - Caustic soda shows an oscillating trend. Supply is high, demand is weak, and it is in a weak operation [7]. Soda Ash - Glass - Soda ash shows a weak trend. It is in a de - stocking situation, with increased production. It is in a supply - surplus situation in the long - term [8]. - Glass shows an oscillating trend. There may be limited downward space due to cost support and potential cold - repair [8].

Report Industry Investment Ratings - **Propylene, Plastic, Benzene, Styrene, PTA, Short Fiber, Methanol, PVC**: ★☆☆, indicating a bias towards long/short, with a driving force for upward/downward trends, but limited operability on the trading floor [1] - **PX, Ethylene Glycol, Urea, Caustic Soda, Soda Ash, Glass**: ☆☆☆, suggesting that the short - term long/short trends are in a relatively balanced state, with poor operability on the current trading floor, and it is advisable to wait and see [1] Core Viewpoints - The chemical market is generally under pressure, with many products facing issues such as supply - demand imbalances, high inventories, and weakening demand. Most products are recommended for reverse arbitrage strategies, and attention should be paid to factors such as load changes in each link of the industrial chain, supply - side contractions, and demand - side improvements [2][3][5] Summary by Related Catalogs Olefins - Polyolefins - **Propylene**: The main futures contract weakened narrowly during the day. International oil price declines affected market sentiment, and demand was difficult to boost significantly due to production enterprises' price concessions and some downstream device load - reduction or shutdown [2] - **Plastic and Polypropylene**: Their main futures contracts were weakly sorted during the day. For polyethylene, the ex - factory prices of petrochemical enterprises were basically stable, but downstream purchasing was cautious. For polypropylene, the e - commerce festival stocking was nearing the end, demand was lower than expected, and new device output was expected to increase supply pressure [2] Pure Benzene - Styrene - **Pure Benzene**: The futures price fluctuated narrowly, and the spot price in East China rose slightly. Port inventories increased, and production increased. There are short - term consolidations and medium - term negatives, and attention should be paid to the port inventory accumulation rhythm [3] - **Styrene**: The main futures contract was sorted narrowly. The cost - side support was insufficient, and the supply - demand was in a tight balance. The inventory was still relatively high, and the price continued to be weak [3] Polyester - **PTA**: PX supply increased, PTA load decreased, and polyester load increased slightly. There is a possibility of inventory accumulation in the future, and reverse arbitrage is recommended, with attention to load changes in each link of the industrial chain [5] - **Ethylene Glycol**: The weekly output increased slightly, and port inventories increased significantly. Supply is expected to increase, and there is a continued inventory accumulation expectation, with reverse arbitrage as the main strategy [5] - **Short Fiber**: There is no new investment pressure, and the spot pattern is good, but raw material price increases squeeze profits slightly. The absolute price fluctuates with raw materials after mid - November [5] - **Bottle Chip**: Demand weakens with the cooling weather, the processing margin is under pressure, and the long - term problem is over - capacity [5] Coal Chemical Industry - **Methanol**: The futures price remained in a low - level shock. Iran's gas restriction time was unexpected, and port inventories were high, with a continued inventory accumulation trend expected. Downstream demand is expected to enter the off - season [6] - **Urea**: The futures price rose significantly due to the news of new export quotas. Autumn fertilizer demand is coming to an end, and production enterprises' inventory accumulation is small. Attention should be paid to the implementation details of the export policy [6] Chlor - Alkali - **PVC**: Supply pressure continued, and inventory accumulation continued. Demand declined due to weather, and exports were affected. It may operate at a low level [7] - **Caustic Soda**: It oscillated at a low level. Liquid caustic soda inventory decreased this week, but downstream demand was average, and it is running weakly [7] Soda Ash - Glass - **Soda Ash**: It rose narrowly. Supply was high, and inventories remained high. Attention should be paid to the upward trend of light soda ash and downstream restocking willingness [8] - **Glass**: It was weakly sorted during the day. After the production suspension in Shahe, dealers' purchasing enthusiasm increased, and inventory decreased. Cost increased, and the decline space is expected to be limited [8]

Report Industry Investment Ratings - Propylene: ★☆☆, indicating a bullish bias but low operability on the trading floor [1] - Plastic: ★☆☆, suggesting a bullish bias but low operability on the trading floor [1] - Styrene: ★☆☆, showing a bullish bias but low operability on the trading floor [1] - PTA: ★★★, representing a clear bullish trend with relatively appropriate investment opportunities [1] - Short Fiber: ★★★, indicating a clear bullish trend with relatively appropriate investment opportunities [1] - Methanol: ★★★, suggesting a clear bullish trend with relatively appropriate investment opportunities [1] - PVC: ★☆☆, showing a bullish bias but low operability on the trading floor [1] - Soda Ash: ☆☆☆, meaning the short - term long/short trend is in a relatively balanced state with poor operability, suggesting to wait and see [1] - Glass: ☆☆☆, indicating the short - term long/short trend is in a relatively balanced state with poor operability, suggesting to wait and see [1] - Pure Benzene: ★☆☆, suggesting a bullish bias but low operability on the trading floor [1] - Ethylene Glycol: ☆☆☆, meaning the short - term long/short trend is in a relatively balanced state with poor operability, suggesting to wait and see [1] - Bottle Chip: ☆☆☆, indicating the short - term long/short trend is in a relatively balanced state with poor operability, suggesting to wait and see [1] - Urea: ☆☆☆, meaning the short - term long/short trend is in a relatively balanced state with poor operability, suggesting to wait and see [1] - Caustic Soda: ☆☆☆, indicating the short - term long/short trend is in a relatively balanced state with poor operability, suggesting to wait and see [1] Core Viewpoints - The chemical market is generally under pressure, with many products facing issues such as weak demand, high inventory, and cost - profit imbalances. Different products have different trends and investment strategies, mainly including anti - arbitrage operations and attention to load changes in each link of the industrial chain [2][3][5] Grouped by Related Catalogs Olefins - Polyolefins - Propylene futures weakened slightly during the day. International oil price decline dampened market sentiment, and demand was hard to boost significantly [2] - Plastic and polypropylene futures consolidated weakly. For polyethylene, trading volume needed to be released; for polypropylene, the supply - side pressure was expected to increase [2] Pure Benzene - Styrene - The price of benzene futures fluctuated narrowly, and the market was in short - term consolidation with medium - term negative factors. Attention should be paid to the port inventory accumulation rhythm [3] - Styrene futures consolidated narrowly. The cost support was insufficient, and the price continued to be weak [3] Polyester - PX supply increased, PTA load decreased, and polyester load increased slightly. PTA might accumulate inventory in the future, and anti - arbitrage was the main strategy [5] - Ethylene glycol supply was expected to increase, with a continued inventory accumulation expectation, and anti - arbitrage was the main strategy [5] - Short fiber had a good spot pattern, but the profit was slightly squeezed. Its price would fluctuate with raw materials. Bottle chip demand weakened, and the cost was the main driver [5] Coal Chemical Industry - Methanol futures fluctuated at a low level. High port inventory and weak demand suppressed the market, and the market was expected to be weak [6] - Urea futures rose significantly. The market was boosted by export news, but caution was needed when chasing up [6] Chlor - Alkali - PVC continued to accumulate inventory and ran at a low level due to high supply and weak demand [7] - Caustic soda fluctuated at a low level. The downstream demand was general, and the supply was high [7] Soda Ash - Glass - Soda ash rose slightly. The supply was high, and the inventory was at a high level. It was expected to be hard to decline in the short term [8] - Glass ran weakly. Cost increase limited the decline space, and attention should be paid to the end - of - year rush - to - work [8]

Report Industry Investment Ratings - Urea: Not clearly defined in terms of a standard rating but described as having a weak and volatile short - term market [6] - Methanol: ★☆☆, indicating a bearish bias but limited trading opportunities on the current market [1] - Pure Benzene: ☆☆☆, suggesting a relatively balanced short - term trend with potential for seasonally improved supply - demand in the third - quarter later stage and pressure in the fourth quarter [1][3] - Styrene: ☆☆☆, showing a weakening price trend with supply pressure [1][3] - Polypropylene: ☆☆☆, with a weak price trend due to supply and demand dynamics [1][2] - Plastic (assumed to be related to Polyethylene in the context): ☆☆☆, with a weak price trend as supply increases and demand changes little [1][2] - PVC: ☆☆☆, expected to have a weak and volatile short - term price trend [1][7] - Caustic Soda: ★★★, indicating a clear bearish trend with long - term supply pressure [1][7] - PTA: ☆☆☆, with a weak market due to supply - demand imbalance and inventory accumulation [1][5] - Ethylene Glycol: ★☆☆, with a downward price trend and weak supply - demand [1][5] - Short - fiber: ☆☆☆, with a neutral current situation but positive mid - term expectations [1][5] - Bottle - chip: ☆☆☆, facing long - term over - capacity pressure and limited processing margin recovery [1][5] - Glass: ☆☆☆, with a weak price trend [1][8] - Soda Ash: ★★★, expected to have a weak and volatile short - term price trend [1][8] Core Views - The chemical market is generally under pressure due to various factors such as supply - demand imbalances, changes in oil prices, and downstream demand fluctuations. Different chemical products show different price trends and market outlooks based on their specific supply - demand situations [2][3][5] Summary by Related Catalogs Olefins - Polyolefins - Propylene: Futures prices decline. Supply is expected to remain relatively abundant, and demand growth has limited support for prices, making prices more likely to fall [2] - Polyolefins: The main contracts of polyolefin futures fluctuate narrowly. Polyethylene supply increases with the restart of maintenance devices, and demand changes little, resulting in a weak price trend. Polypropylene has increased temporary shutdowns on the supply side, but demand is weak [2] Pure Benzene - Styrene - Pure Benzene: Futures prices decline slightly due to oil price and external sentiment. Supply increases, and the market is in a weak supply - demand situation. It is expected to be volatile in the short term, with potential improvement in the third - quarter later stage and pressure in the fourth quarter [3] - Styrene: The main contract of futures fluctuates narrowly. A new production plan has a negative impact on the market. Supply and demand both increase, but supply pressure is relatively large, leading to a weak price trend [3] Polyester - PX and PTA: Prices decline due to oil price and market sentiment. Supply - demand is imbalanced, with inventory accumulation and pressure on processing margins. There is a driving force for margin repair in the medium term, but it depends on downstream demand recovery [5] - Ethylene Glycol: Prices continue to decline. Supply increases, and demand decreases slightly. The market is in a weak supply - demand situation [5] - Short - fiber: Prices follow raw materials down. The current situation is neutral, but new capacity is limited, and there are positive mid - term expectations [5] - Bottle - chip: Prices decline with raw materials. There is long - term over - capacity pressure, limiting the recovery of processing margins [5] Coal Chemicals - Methanol: The market price continues to decline slightly. Supply is sufficient, and demand changes little. Attention should be paid to the impact of macro - policies [6] - Urea: Prices are weakly volatile. Demand enters the off - season, and production is still relatively abundant. Attention should be paid to macro and export policies [6] Chlor - Alkali - PVC: Prices continue to weaken. Supply is high, and demand is in the off - season, resulting in inventory accumulation and a weak price trend [7] - Caustic Soda: Prices are weakly running. Supply pressure is high in the long term, and prices are expected to be under pressure at high levels [7] Soda Ash - Glass - Soda Ash: Prices decline due to policy sentiment. Supply - demand pressure exists, and prices are expected to be weakly volatile in the short term [8] - Glass: Prices are weakly running. Market sentiment fades, and the market returns to a real - trading situation with inventory accumulation [8]

Report Industry Investment Ratings - Propylene: ☆☆☆ [1] - Plastic: ★★★ [1] - Pure Benzene: ★★★ [1] - Styrene: ☆☆☆ [1] - PX: ★★★ [1] - Ethylene Glycol: ★☆☆ [1] - Short Fiber: ★★★ [1] - Bottle Chip: ★★★ [1] - Methanol: ☆☆☆ [1] - Urea: ☆☆☆ [1] - PVC: ☆☆☆ [1] - Caustic Soda: ★☆☆ [1] - Soda Ash: ★☆☆ [1] - Glass: ★★★ [1] - PTA: ★★★ [1] Core Viewpoints - The chemical market shows complex supply - demand relationships and price trends, with different products facing various challenges and opportunities. For example, some products are affected by new capacity releases, while others are influenced by changes in oil prices, downstream demand, and inventory levels [2][3][5] Summary by Related Catalogs Olefins - Polyolefins - Propylene futures fluctuate narrowly with insufficient liquidity. Due to downstream device overhauls in Shandong and new capacity releases, the market's ability to digest propylene is limited, and prices lack upward momentum [2] - Polyolefin futures' main contracts fluctuate narrowly. For polyethylene, supply pressure increases and inventory accumulates, though downstream demand is gradually warming up. For polypropylene, upstream inventory is transferred to the middle - link, demand is weak, and the trading atmosphere is dull [2] Pure Benzene - Styrene - Night - time oil prices rise significantly, causing the price center of pure benzene to rebound. The weekly supply - demand of pure benzene both decrease, and the port inventory slightly accumulates. It is recommended to conduct monthly - spread band operations [3] - Styrene futures' main contracts fluctuate narrowly. The cost - end support strengthens, but the supply - demand remains weak, with high - level supply and increasing port inventory [3] Polyester - PX and PTA prices rise in the morning and fall slightly in the afternoon. PX's fundamental driving force is limited, and PTA continues to accumulate inventory with a weakened processing margin. The new capacity of short - fiber is limited, and its price follows raw materials. Bottle - chip has over - capacity issues in the long - term [5] - Ethylene glycol's downstream demand is stable, and its price is affected by short - term oil price strength. Overseas device disturbances are weakening as domestic supply recovers [5] Coal Chemical Industry - Methanol futures fluctuate narrowly. Coastal MTO device operation rates are low, and the port inventory accumulates seasonally. Domestic supply is sufficient, and the market is likely to continue to oscillate within a range [6] - Urea futures open high and close low. Local agricultural demand is ending, and the downstream demand is weak. Production enterprises are accumulating inventory, and the short - term market is likely to move within a range [6] Chlor - Alkali - PVC prices fall at the end of the session. Supply decreases due to enterprise overhauls, and social inventory accumulates. Domestic demand is weak, but external demand is expected to improve [7] - Caustic soda runs weakly. The comprehensive profit of chlor - alkali improves, and device operation rates increase. The long - term supply pressure remains, and prices are expected to face pressure at high levels [7] Soda Ash - Glass - Soda ash futures prices fall at the end of the session. Inventory decreases, and production increases slightly. The photovoltaic industry continues to cut production, and there is supply - demand pressure after the sentiment fades [8] - Glass prices fall at the end of the session. The spot market in Shahe cools down, and production and sales weaken. The industry profit recovers slightly, and long - term demand is poor [8]

Report Industry Investment Ratings - Propylene: ☆☆☆ [1] - Pure Benzene: ★★★ [1] - PX: ★★★ [1] - Short Fiber: ★★★ [1] - Methanol: ☆☆☆ [1] - PVC: ☆☆☆ [1] - Soda Ash: ★☆☆ [1] - PTA: ★★★ [1] - Plastic: ★★★ [1] - Styrene: ☆☆☆ [1] - Ethylene Glycol: ★☆☆ [1] - Bottle Chip: ★★★ [1] - Urea: ☆☆☆ [1] - Caustic Soda: ★☆☆ [1] - Glass: ★★★ [1] Core Viewpoints - The chemical market shows a complex situation with different products facing various supply - demand relationships and price trends. Some products are affected by factors such as new capacity release, downstream demand changes, and oil price fluctuations [2][3][5] Summary by Relevant Catalogs Olefins - Polyolefins - Propylene futures fluctuate narrowly with insufficient liquidity. Due to downstream device maintenance in Shandong and new capacity release, the market's ability to digest propylene is limited, and prices lack upward momentum [2] - Polyolefin futures' main contracts fluctuate narrowly. For polyethylene, supply pressure increases, inventory accumulates, and although downstream demand warms up, the supply - demand situation lacks substantial improvement. For polypropylene, upstream inventory transfers to the middle, demand is weak, and the trading atmosphere is dull [2] Pure Benzene - Styrene - After a sharp rise in night - time oil prices, the pure benzene price recovers. Its weekly supply and demand both decline, and the port inventory accumulates slightly. There is an expected seasonal improvement in the third - quarter mid - to - late stage and pressure in the fourth quarter. It is recommended to operate on the monthly spread [3] - Styrene futures' main contract fluctuates narrowly. The cost support strengthens as oil prices rise, but the supply - demand situation remains weak with high supply and accumulated port inventory, and stable downstream demand [3] Polyester - PX and PTA prices rise in the morning and fall slightly in the afternoon due to oil price support. PX fundamentals have limited drive, and PTA continues to accumulate inventory with weakening processing margins and basis. Mid - term processing margins have a repair drive but depend on downstream demand recovery [5] - Ethylene glycol's downstream demand is stable, and port inventory fluctuates at a low level. It faces supply changes due to device maintenance and restarts. Short - term oil price strength provides positive support [5] - Short fiber and bottle chip prices follow raw material fluctuations. Short fiber's processing margins decline, and its demand is in the off - season, but there is mid - term positive expectation. Bottle chip has stable inventory under low - start conditions, and over - capacity restricts its processing margin repair [5] Coal Chemical Industry - Methanol futures fluctuate narrowly. Coastal MTO device operation is not high, and the port accumulates inventory seasonally. Domestic supply is sufficient, and downstream demand changes little. The market is likely to fluctuate within a range [6] - Urea futures' main contract opens high and closes low. Local agricultural demand is ending, downstream demand is weak, and production enterprises accumulate inventory. The market is likely to operate within a range in the short term [6] Chlor - Alkali - PVC prices fall at the end of the session. Supply decreases due to enterprise maintenance, and social inventory accumulates. Domestic demand is weak, but external demand is expected to improve. Long - term prices are unlikely to rise significantly [7] - Caustic soda prices are weak. Chlor - alkali comprehensive profit improves, and device operation increases. Alumina demand provides support, but non - aluminum demand is average. Long - term supply pressure remains, and prices are expected to be under pressure [7] Soda Ash - Glass - Soda ash futures prices fall at the end of the session. Inventory decreases, and production increases slightly. The photovoltaic industry continues to cut production, and there is supply - demand pressure after the sentiment fades [8] - Glass prices fall at the end of the session. Spot sales weaken, industry profit recovers slightly, and processing orders are weak. In the long - term, without supply reduction, glass prices are unlikely to rise significantly [8]

神马股份: 神马股份关于2024年度募集资金存放与使用情况专项报告的更正公 告 募集资金其他使用情况 截至 2024 年 12 月 31 日，本公司不存在将募投项目节余资金用于其他募投项目或非募投项目的情况。 二、其他说明 《立信会计师事务所关于神马股份 2024 年度募集资金存放与使用情况专项报告的鉴证报告》根据上述内容同步更正。 除上述更正内容外， 《神马股份 2024 年度募集资金存放与使用情况专项报告》与《立信会计师事务所关于神马股份 2024 年度募集资金存放与使用情况专项报告的鉴证报告》其他内容不变，更正后的《神马股份 2024 年度募集资金存放与使用 情况专项报告》与《立信会计师事务所关于神马股份 2024 年度募集资金存放与使用情况专项报告的鉴证报告》将与本公 告同日在上海证券交易所网站披露。 特此公告。 证券代码：600810 证券简称：神马股份 公告编号：2025-027 神马实业股份有限公司 关于 2024 年度募集资金存放与使用情况专项报告的 更正公告 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。 神 ...