12月25日，西安万德能源化学股份有限公司发布公告称，为满足业务发展需要，深化与海外客户的合作 关系，推进公司国际业务发展，公司全资子公司陕西万德新材料有限公司拟用自有资金对其全资子公司 WONDER ENERGY SINGAPORE PTE.LTD.增资，本次增资完成后标的公司注册资本由10万新币增加至 200万美元。 2025年上半年，全球供应链深度重构与主要经济体贸易冲突加剧相互叠加，叠加关键基础原材料价格下 行的影响，石油助剂市场竞争陷入白热化态势，低价订单占比持续攀升，收款风险亦同步上升。面对多 重压力交织的复杂局面，营销团队始终保持敏锐洞察，主动迎难而上。一方面，持续深化"区域深耕 +专项攻坚"模式，强化市场渗透与重点突破；另一方面，夯实市场调研与分析基础工作，提升精准决 策与快速响应效能。销售团队聚焦高附加值特种化学品市场拓展，深化与重点战略客户的合作粘性，优 化涵盖多种产品的综合应用解决方案，落地了一系列扎实有效的举措。这些努力不仅成功对冲了外部压 力、稳固了业务基本盘，更在多个产品细分领域实现了突破性进展，为公司持续拓展市场边界、筑牢核 心竞争力奠定了坚实基础。 研究院围绕"加速推进研发创新 ...

Group 1 - The stock price of Yuxin Co., Ltd. (002986) closed at 11.52 yuan on September 4, 2025, with an increase of 1.05% and a turnover rate of 1.23% [1] - The company has a significant geographical advantage in South China, which supports its export of MTBE, isopropanol, ketone, and succinic anhydride products to Southeast Asia, South Asia, and Europe [2] - The 30,000 tons/year diesel anti-wear agent project by Huizhou Boke Environmental New Materials Co., Ltd. is still under construction, and specific profit figures will be disclosed in future announcements [2] Group 2 - On September 4, 2025, the net outflow of main funds was 229.39 million yuan, while retail investors saw a net inflow of 361.89 million yuan [3][4] - The trading information indicates that speculative funds had a net outflow of 132.5 million yuan on the same day [4]

Core Viewpoint - Yuxin Co., Ltd. is currently constructing a 30,000 tons/year diesel anti-wear agent project, and the specific profit data will be disclosed in future announcements once the project reaches full production [1] Group 1 - The diesel anti-wear agent project is still under construction [1] - The company has not provided specific profit estimates for the project at this stage [1] - Future profit data will be based on subsequent disclosures from the company [1]

Group 1: Industry Outlook and Company Position - The company operates in the fine chemical industry, focusing on specialized fine chemicals with a wide range of applications and high added value [5] - The company’s main products include oil additives, refining aids, and oilfield chemicals, with significant demand from the petroleum and petrochemical sectors [5] - The company has developed a microchannel continuous reaction technology, recognized in the "2024 Petrochemical Green Low-Carbon Process Directory," promoting safety and sustainability in chemical production [5][8] Group 2: Financial Performance and Growth Strategies - In 2024, the company reported a revenue of 52,662.28 million yuan, a decrease of 9.4% year-on-year, and a net profit of 3,063.46 million yuan, down 43.52% due to unfavorable market conditions [8] - The company plans to enhance market penetration and sales strategies in 2025, focusing on value marketing and expanding product applications [6] - Continuous exploration of new markets and product lines is underway, including research on vanadium corrosion inhibitors and battery-grade ferrous oxalate [9] Group 3: International Market and Competitive Advantage - The company is the only domestic producer of cetane improvers certified by the US EPA and EU REACH, allowing access to international markets [7] - Products are exported to over 30 countries across six continents, establishing a solid customer base and reputation [7] Group 4: Financial Reporting and Governance - The company ensures the authenticity and fairness of financial statements through compliance with accounting standards and regular audits by independent firms [6] - The actual controller holds 36.58% of voting rights, with no current share pledge risks reported [11]

Core Viewpoint - The company, Wand Holdings, has successfully navigated a complex economic environment and intensified industry competition in 2024, achieving significant results in various operational areas while focusing on innovation and market expansion [1][2]. Financial Performance - In 2024, Wand Holdings achieved a revenue of 527 million yuan and a net profit attributable to shareholders of 30.63 million yuan, with a basic earnings per share of 0.35 yuan [2]. - The company plans to distribute a cash dividend of 1 yuan per 10 shares, totaling approximately 8.82 million yuan [2]. - Domestic market revenue reached 322 million yuan, reflecting a year-on-year growth of 2.44%, while international market revenue was 205 million yuan [2]. Research and Development - Wand Holdings invested 12.87 million yuan in R&D, with an R&D intensity of 2.44% [2]. - The company obtained 5 new authorized invention patents and filed 7 new patent applications during the reporting period [2]. - The establishment of the Xi'an Green Microchemical Technology Engineering Research Center has been recognized as an engineering research center, enhancing the company's technological innovation capabilities [2]. Future Development Strategy - The company aims to focus on low-carbon green development driven by dual carbon policies and the application of digital intelligence technologies [3]. - Wand Holdings will continue to emphasize innovation, safety, and sustainable high-quality development in the specialized fine chemical sector, particularly through microchannel continuous reaction technology [3].