截至9月30日，宝泰隆股东户数8.31万，较上期减少10.86%；人均流通股23062股，较上期增加12.18%。 2025年1月-9月，宝泰隆实现营业收入4.79亿元，同比减少57.55%；归母净利润5035.57万元，同比增长 118.44%。 分红方面，宝泰隆A股上市后累计派现3.32亿元。近三年，累计派现0.00元。 资金流向方面，主力资金净流入722.26万元，特大单买入471.68万元，占比4.26%，卖出325.07万元，占 比2.94%；大单买入2342.25万元，占比21.16%，卖出1766.60万元，占比15.96%。 宝泰隆今年以来股价涨21.26%，近5个交易日跌12.05%，近20日跌8.29%，近60日涨25.86%。 今年以来宝泰隆已经8次登上龙虎榜，最近一次登上龙虎榜为10月21日，当日龙虎榜净买入-5906.89万 元；买入总计1.15亿元 ，占总成交额比6.96%；卖出总计1.74亿元 ，占总成交额比10.52%。 11月25日，宝泰隆盘中上涨2.24%，截至10:38，报3.65元/股，成交1.11亿元，换手率1.60%，总市值 69.92亿元。 资料显示，宝泰隆新材料 ...

截至9月30日，宝泰隆股东户数8.31万，较上期减少10.86%；人均流通股23062股，较上期增加12.18%。 2025年1月-9月，宝泰隆实现营业收入4.79亿元，同比减少57.55%；归母净利润5035.57万元，同比增长 118.44%。 分红方面，宝泰隆A股上市后累计派现3.32亿元。近三年，累计派现0.00元。 11月17日，宝泰隆涨1.99%，成交额12.05亿元。两融数据显示，当日宝泰隆获融资买入额1.05亿元，融 资偿还1.27亿元，融资净买入-2211.05万元。截至11月17日，宝泰隆融资融券余额合计3.14亿元。 融资方面，宝泰隆当日融资买入1.05亿元。当前融资余额3.12亿元，占流通市值的3.54%，融资余额超 过近一年90%分位水平，处于高位。 融券方面，宝泰隆11月17日融券偿还0.00股，融券卖出0.00股，按当日收盘价计算，卖出金额0.00元； 融券余量26.95万股，融券余额124.24万元，超过近一年90%分位水平，处于高位。 资料显示，宝泰隆新材料股份有限公司位于黑龙江省七台河市新兴区宝泰隆路16号，成立日期2003年6 月24日，上市日期2011年3月9日，公司主 ...

Core Viewpoint - Baotailong's stock price has shown significant growth this year, with a year-to-date increase of 52.16%, and a notable rise of 12.81% in the last five trading days [2] Group 1: Stock Performance - As of November 14, Baotailong's stock price reached 4.58 CNY per share, with a trading volume of 288 million CNY and a turnover rate of 3.19% [1] - The stock has experienced a 70.26% increase over the past 60 days [2] - Baotailong has appeared on the trading leaderboard eight times this year, with the most recent appearance on October 21, where it recorded a net buy of -59.07 million CNY [2] Group 2: Financial Performance - For the period from January to September 2025, Baotailong reported a revenue of 479 million CNY, a decrease of 57.55% year-on-year, while the net profit attributable to shareholders was 50.36 million CNY, an increase of 118.44% [3] - The company has cumulatively distributed 332 million CNY in dividends since its A-share listing, with no dividends paid in the last three years [4] Group 3: Shareholder Structure - As of September 30, 2025, Baotailong had 83,100 shareholders, a decrease of 10.86% from the previous period, with an average of 23,062 circulating shares per shareholder, an increase of 12.18% [3] - Major shareholders include Guotai Zhongzheng Coal ETF, which holds 53.28 million shares, and Hong Kong Central Clearing Limited, a new shareholder with 21.22 million shares [4]

Group 1 - The core point of the news is that Baotailong New Materials Co., Ltd. experienced a stock price increase of 5.18%, reaching 4.47 CNY per share, with a trading volume of 546 million CNY and a turnover rate of 6.50%, resulting in a total market capitalization of 8.563 billion CNY [1] - Baotailong, established on June 24, 2003, and listed on March 9, 2011, is primarily engaged in coal mining, washing and processing, coking, chemical production, power generation, heating, new energy, and new materials [1] - The company's main revenue sources are: raw coal (28.60%), clean coal (22.92%), slack coal (22.61%), heating and electricity (21.68%), new materials (1.70%), and other products (1.30% and below) [1] Group 2 - From the perspective of Baotailong's top ten circulating shareholders, Guotai Fund's ETF, Guotai Zhongzheng Coal ETF (515220), increased its holdings by 32.45 million shares in the third quarter, now holding 53.28 million shares, which is 2.78% of the circulating shares [2] - The Guotai Zhongzheng Coal ETF has a current scale of 11.413 billion CNY, with a year-to-date return of 7.72% and a one-year return of 4.67% [2] - The fund manager, Wu Zhonghao, has been in position for nearly 3 years and has achieved a best fund return of 78.61% during his tenure [3]

Core Viewpoint - Baotailong is a leading enterprise in China, integrating coal, chemicals, new energy, and new materials, with a comprehensive industry chain advantage [1] Group 1: Business Performance - In Q3 2025, Baotailong reported revenue of 479 million yuan, ranking 6th in the industry, with the top competitor, Meijin Energy, at 12.975 billion yuan [2] - The company achieved a net profit of 14.5 million yuan, ranking 1st in the industry, while the industry average was a loss of 307 million yuan [2] Group 2: Financial Ratios - As of Q3 2025, Baotailong's debt-to-asset ratio was 47.03%, lower than the industry average of 52.57%, indicating good solvency [3] - The gross profit margin for Q3 2025 was 8.06%, significantly higher than the industry average of -0.09%, showing improved profitability [3] Group 3: Executive Compensation - The chairman, Jiao Qiang, received a salary of 467,400 yuan in 2024, a decrease of 226,900 yuan from 2023 [4] - The president, Qin Huai, earned 470,500 yuan in 2024, down by 227,700 yuan from the previous year [4] Group 4: Shareholder Information - As of September 30, 2025, the number of A-share shareholders decreased by 10.86% to 83,100 [5] - The average number of circulating A-shares held per shareholder increased by 12.18% to 23,100 [5]

Core Viewpoint - Chuaning Bio announced an increase in corn procurement prices compared to last year, with expectations for prices to range between 1.9 yuan/kg and 2.0 yuan/kg (excluding tax) for this year [2] Group 1: Raw Material Costs - The price of corn, a primary raw material for the company, has increased compared to the previous year [2] - The expected procurement price for corn this year is between 1.9 yuan/kg and 2.0 yuan/kg (excluding tax) [2] Group 2: Energy Costs - The main energy cost for the company is from coal in the Ili region, which has seen a decrease in price compared to the full year of 2024 [2] - Future energy prices are expected to remain stable due to the influence of the National Development and Reform Commission and regional factors in Ili [2] - It is anticipated that energy prices will remain stable over the next two years [2]

Group 1 - The core point of the news is that Baotailong New Materials Co., Ltd. experienced a stock price increase of 5.6%, reaching 3.96 CNY per share, with a trading volume of 924 million CNY and a turnover rate of 12.57%, resulting in a total market capitalization of 7.586 billion CNY [1] - Baotailong was established on June 24, 2003, and listed on March 9, 2011. The company operates in various sectors including coal mining, washing and processing, coking, chemicals, power generation, heating, new energy, and new materials [1] - The main revenue composition of Baotailong includes raw coal (28.60%), washed coal (22.92%), slack coal (22.61%), heating and electricity (21.68%), new materials (1.70%), and other products [1] Group 2 - Among Baotailong's top ten circulating shareholders, Guotai Fund's Guotai Zhongzheng Coal ETF (515220) increased its holdings by 32.45 million shares in the third quarter, now holding 53.28 million shares, which accounts for 2.78% of the circulating shares [2] - The Guotai Zhongzheng Coal ETF (515220) was established on January 20, 2020, with a current scale of 4.217 billion CNY. It has achieved a year-to-date return of 5.85% and a one-year return of 3.19% [2]

股票代码：601011 股票简称：宝泰隆 编号：临2025-054号 宝泰隆新材料股份有限公司 2025 年 1-9 月主要经营数据的公告 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。 宝泰隆新材料股份有限公司（以下简称"公司"）根据上海证券交 易所《<上市公司自律监管指引第 3 号——行业信息披露>第十三号— —化工》的相关规定，现将公司 2025 年 1-9 月主要经营数据披露如 下： 1 分行业 主要 产品 经营指标 单 位 经营数据 （2025 年 1-9 月） 经营数据 （2024 年 1-9 月） 比上年同期 增减（%） 煤焦行业 焦炭 （ 含 焦 粉 、 焦 粒） 营业收入 元 1,371,431.88 804,387,908.91 -99.83 营业成本 元 1,421,691.86 979,172,846.51 -99.85 生产量 吨 0.00 453,093.00 -100.00 销售量 吨 1,286.81 457,171.37 -99.72 库存量 吨 3,006.51 10,528.89 -71 ...

Core Viewpoint - Baotailong's stock price increased by 3.91% on October 23, with a trading volume of 1.44 billion yuan, indicating strong market interest despite a net financing outflow [1] Financing Summary - On October 23, Baotailong had a financing buy-in of 75.04 million yuan and a financing repayment of 129 million yuan, resulting in a net financing outflow of 54.45 million yuan [1] - As of October 23, the total financing and securities lending balance for Baotailong was 220 million yuan, with the financing balance accounting for 2.86% of the circulating market value, which is above the 80th percentile of the past year [1] - The securities lending data showed no shares were sold or repaid on October 23, with a remaining quantity of 269,500 shares and a securities lending balance of 1.08 million yuan, also above the 90th percentile of the past year [1] Business Performance - For the first half of 2025, Baotailong reported operating revenue of 357 million yuan, a year-on-year decrease of 55.99%, while the net profit attributable to shareholders increased by 151.62% to 98.88 million yuan [2] - The company's main business revenue composition includes raw coal (28.60%), washed coal (22.92%), and heat and electricity (21.68%), with new materials contributing only 1.70% [1] Shareholder Information - As of June 30, 2025, Baotailong had 93,200 shareholders, a decrease of 7.51% from the previous period, with an average of 20,558 circulating shares per shareholder, an increase of 8.12% [2] - The top ten circulating shareholders include several coal ETFs, with notable increases in holdings, indicating growing institutional interest [3]

Report Industry Investment Rating - Not provided Core View - The domestic supply - demand situation of urea remains loose, and the recent market still has a downward trend. The market is mainly affected by macro and cost - side positives and weak domestic demand negatives, and is generally in a state of waiting while fluctuating [1] Summary by Relevant Catalogs Cost - The price of pulverized coal is 465.00, the price of smokeless small pieces is 920.00, and the price of natural gas is 3700.00 on October 15, 2025, with changes of 0.00, 0.00, and 20.00 respectively compared to the previous day [1] Price - On October 15, 2025, the prices in Henan, Hebei, Anhui, Shandong, and China FOB remained unchanged from the previous day, while the price in Shanxi increased by 10.00 to 1470.00. The prices of Middle East FOB, Southeast Asia CFR, and Brazil CFR also remained unchanged [1] Inventory - On October 15, 2025, the factory inventory, port inventory, and downstream sample inventory remained unchanged at 144.39, 41.50, and 4050.00 respectively [1] Supply - On October 15, 2025, the 5 - day production was 199400.00, the overall开工率 was 85.24, the coal - based开工率 was 89.41, and the gas - based开工率 was 73.39, all remaining unchanged from the previous day [1] Demand - On October 15, 2025, the remaining待发订单 was 7.00, the复合肥开工 was 25.50, the melamine开工 was 65.47, and the formaldehyde开工 was 34.49, all remaining unchanged [1] Profit - On October 15, 2025, the profit of fixed - bed was - 327.00, the profit of water - coal slurry was 142.00, and the profit of natural gas was - 225.00, all remaining unchanged [1] Related Products - On October 15, 2025, the price of liquid ammonia was 2050.00, the price of compound fertilizer was 2450.00, the price of melamine was 5050.00, and the price of methanol was 2160.00 (down 10.00 from the previous day) [1] Futures - On October 15, 2025, the结算 price was 1604.00 (up 2.00 from the previous day), the基差 was - 60.00 (down 3.00 from the previous day), the涨跌幅 was 0.12 (up 0.31 from the previous day), the成交量 was 6117987.00 (down 23124.00 from the previous day), the持仓量 was 322686.00 (up 694.00 from the previous day), and the仓单量 was 6493.00 (down 77.00 from the previous day) [1]