分红方面，荣盛石化A股上市后累计派现94.00亿元。近三年，累计派现33.91亿元。 11月27日，荣盛石化（维权）盘中上涨2.00%，截至13:39，报9.69元/股，成交2.64亿元，换手率 0.30%，总市值967.98亿元。 机构持仓方面，截止2025年9月30日，荣盛石化十大流通股东中，香港中央结算有限公司位居第三大流 通股东，持股1.91亿股，相比上期增加1705.69万股。华泰柏瑞沪深300ETF（510300）位居第七大流通 股东，持股5197.43万股，相比上期减少240.58万股。 资金流向方面，主力资金净流出1206.51万元，特大单买入1755.18万元，占比6.66%，卖出3558.58万 元，占比13.49%；大单买入7388.88万元，占比28.02%，卖出6791.98万元，占比25.75%。 责任编辑：小浪快报 荣盛石化所属申万行业为：石油石化-炼化及贸易-炼油化工。所属概念板块包括：中特估、太阳能、油 气改革、光伏玻璃、一带一路等。 截至9月30日，荣盛石化股东户数7.37万，较上期减少14.14%；人均流通股126986股，较上期增加 14.80%。2025年1月-9月， ...

Core Viewpoint - Rongsheng Petrochemical's stock price has experienced fluctuations, with a recent decline of 2.07% and a year-to-date increase of 16.02% [1] Financial Performance - For the period from January to September 2025, Rongsheng Petrochemical reported a revenue of 227.81 billion yuan, a year-on-year decrease of 7.09%, while the net profit attributable to shareholders was 0.888 billion yuan, reflecting a year-on-year growth of 1.34% [2] - Cumulative cash dividends since the company's A-share listing amount to 9.4 billion yuan, with 3.391 billion yuan distributed over the past three years [3] Shareholder Information - As of September 30, 2025, the number of shareholders for Rongsheng Petrochemical was 73,700, a decrease of 14.14% from the previous period, while the average circulating shares per person increased by 14.80% to 126,986 shares [2] - The top ten circulating shareholders include Hong Kong Central Clearing Limited, which holds 191 million shares, an increase of 17.06 million shares from the previous period [3] Market Activity - As of November 20, 2025, the stock price was 10.39 yuan per share, with a trading volume of 1.72 billion yuan and a turnover rate of 0.17% [1] - The net outflow of main funds was 20.43 million yuan, with significant selling pressure observed [1] Business Overview - Rongsheng Petrochemical, established on September 15, 1995, and listed on November 2, 2010, is primarily engaged in the research, production, and sales of various chemical products, oil products, and polyester products [1] - The company's revenue composition includes chemicals (40.87%), refining (35.26%), PTA (10.60%), polyester film (7.49%), and trade and others (5.79%) [1] Industry Classification - Rongsheng Petrochemical is classified under the Shenwan industry as part of the petroleum and petrochemical sector, specifically in refining and chemical trade [1] - The company is associated with several concept sectors, including oil and gas reform, solar energy, photovoltaic glass, and the Belt and Road Initiative [1]

Core Viewpoint - Rongsheng Petrochemical's stock price has shown a significant increase this year, with a notable rise in recent trading days, indicating positive market sentiment towards the company [2]. Group 1: Stock Performance - As of November 17, Rongsheng Petrochemical's stock price increased by 2.04%, reaching 11.02 CNY per share, with a trading volume of 295 million CNY and a turnover rate of 0.29% [1]. - The company's stock has risen by 23.06% year-to-date, with a 0.73% increase over the last five trading days, 17.48% over the last 20 days, and 19.52% over the last 60 days [2]. Group 2: Financial Performance - For the period from January to September 2025, Rongsheng Petrochemical reported a revenue of 227.81 billion CNY, a year-on-year decrease of 7.09%, while the net profit attributable to shareholders was 0.888 billion CNY, reflecting a year-on-year growth of 1.34% [2]. - The company has distributed a total of 9.4 billion CNY in dividends since its A-share listing, with 3.391 billion CNY distributed over the past three years [3]. Group 3: Shareholder Information - As of September 30, 2025, the number of shareholders for Rongsheng Petrochemical was 73,700, a decrease of 14.14% from the previous period, while the average circulating shares per person increased by 14.80% to 126,986 shares [2]. - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited holds 191 million shares, an increase of 17.06 million shares compared to the previous period [3].

12日，中国(浙江)自由贸易试验区(简称"浙江自贸试验区")大宗商品资源配置枢纽建设一周年新闻发布 会在浙江舟山召开。会上介绍，截至今年9月底，该枢纽已在储运、加工、基础设施等核心领域落地重 大项目投资逾430亿元，提前超额完成年度目标。 建设大宗商品资源配置枢纽是推进高水平对外开放、建设高能级开放强省的关键路径。浙江省商务厅副 厅长陈志成在发布会上表示，一年来，大宗商品资源配置枢纽建设已取得重大项目压茬推进、开放水平 稳步提升、全产业链生态提质增效、创新能力持续增强的显著成果。 目前，宁波已建成投用亚洲最大的200万方丙烷地下洞库，顺利推进中海油500万方原油地下洞库项目， 建成华东地区规模最大、现代化程度最高的梅山国际冷链供应链项目，开辟氢氧化镍等新能源材料"袋 装散运"海运物流绿色专线，显著提升了资源调配效能。 开放平台突破对标国际能力增强 为推进大宗商品资源配置枢纽建设，浙江已打造一批开放平台，对标国际能力持续增强。 据了解，全国首个以大宗商品为特色的综合保税区申建已获得国家7部委支持并进入预审程序，为未来 在加工、金融、通关等领域的深度开放奠定了基础。 同时，整合成立的浙江国际大宗商品交易中心，与上 ...

Core Viewpoint - Huajin Co., Ltd. has shown a positive stock performance with a year-to-date increase of 14.21% and a recent 5-day increase of 5.83% [1] Company Overview - Huajin Co., Ltd. is located in Panjin City, Liaoning Province, and was established on January 23, 1997, with its listing on January 30, 1997 [1] - The company's main business includes the production of polyolefin products, oil products, liquefied products, urea, and fine chemical products [1] - The revenue composition is as follows: crude oil processing and petroleum products 72.54%, polyolefin products 10.18%, urea 4.36%, aromatic products 3.74%, butadiene 2.91%, ABS products and by-products 2.23%, ethylene oxide 1.88%, ethylene glycol products 1.20%, others 0.84%, and liquid ammonia 0.11% [1] Financial Performance - For the period from January to September 2025, Huajin Co., Ltd. achieved an operating income of 30.29 billion yuan, representing a year-on-year growth of 23.63% [2] - The net profit attributable to the parent company was -1.39 billion yuan, showing a year-on-year increase of 26.24% [2] Shareholder Information - As of October 31, 2025, the number of shareholders for Huajin Co., Ltd. was 44,000, a decrease of 0.58% from the previous period [2] - The average circulating shares per person increased by 0.58% to 36,341 shares [2] - The company has distributed a total of 2.45 billion yuan in dividends since its A-share listing, with 262 million yuan distributed in the last three years [3] Institutional Holdings - As of September 30, 2025, Hong Kong Central Clearing Limited was the fifth-largest circulating shareholder, holding 14.72 million shares, an increase of 4.66 million shares from the previous period [3] - HSBC Jintrust Small Cap Stock and other funds have entered the top ten circulating shareholders, indicating increased institutional interest [3]

Core Viewpoint - Rongsheng Petrochemical's stock has shown significant growth this year, with a notable increase in recent trading days, indicating positive market sentiment and potential investment opportunities [2]. Group 1: Stock Performance - As of November 12, Rongsheng Petrochemical's stock price increased by 2.10%, reaching 11.16 CNY per share, with a total market capitalization of 111.48 billion CNY [1]. - The stock has risen by 24.62% year-to-date, with a 13.07% increase over the last five trading days, 16.25% over the last 20 days, and 21.57% over the last 60 days [2]. Group 2: Financial Performance - For the period from January to September 2025, Rongsheng Petrochemical reported a revenue of 227.81 billion CNY, a year-on-year decrease of 7.09%, while the net profit attributable to shareholders was 0.89 billion CNY, reflecting a year-on-year growth of 1.34% [2]. - The company has distributed a total of 9.4 billion CNY in dividends since its A-share listing, with 3.39 billion CNY distributed over the past three years [3]. Group 3: Shareholder Information - As of September 30, 2025, the number of shareholders for Rongsheng Petrochemical was 73,700, a decrease of 14.14% from the previous period, while the average circulating shares per person increased by 14.80% to 126,986 shares [2]. - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited holds 191 million shares, an increase of 17.06 million shares compared to the previous period [3].

Core Viewpoint - Rongsheng Petrochemical's stock price has shown a significant increase this year, with a notable rise in recent trading days, indicating positive market sentiment towards the company [2]. Group 1: Stock Performance - As of November 7, Rongsheng Petrochemical's stock price increased by 2.04%, reaching 10.52 CNY per share, with a trading volume of 1.11 billion CNY and a market capitalization of 105.09 billion CNY [1]. - The company's stock has risen by 17.48% year-to-date, with a 3.24% increase over the last five trading days, 3.85% over the last twenty days, and 15.60% over the last sixty days [2]. Group 2: Financial Performance - For the period from January to September 2025, Rongsheng Petrochemical reported a revenue of 227.81 billion CNY, a year-on-year decrease of 7.09%, while the net profit attributable to shareholders was 8.88 billion CNY, reflecting a year-on-year increase of 1.34% [2]. - The company has distributed a total of 94 billion CNY in dividends since its A-share listing, with 33.91 billion CNY distributed over the past three years [3]. Group 3: Shareholder Information - As of September 30, 2025, the number of shareholders for Rongsheng Petrochemical was 73,700, a decrease of 14.14% from the previous period, while the average circulating shares per person increased by 14.80% to 126,986 shares [2]. - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited holds 191 million shares, an increase of 17.06 million shares compared to the previous period [3].

Core Insights - A new catalytic control technology has been developed by Chinese scientists that significantly reduces carbon dioxide emissions during the Fischer-Tropsch synthesis process, enhancing the yield of liquid fuels and olefins, thus providing a new strategy for low-carbon chemical manufacturing [1][2] Group 1: Fischer-Tropsch Synthesis Overview - Fischer-Tropsch synthesis is a crucial catalytic reaction technology in the chemical industry, primarily used to convert syngas (a mixture of carbon monoxide and hydrogen) into liquid fuels or high-value chemicals like olefins [1] - Traditionally, iron-based catalysts have dominated Fischer-Tropsch synthesis, accounting for over two-thirds of global production capacity, due to their low cost and high oil yield [1] Group 2: Environmental Impact and Innovation - The conventional iron-based catalysts produce a significant amount of carbon dioxide, with emissions often reaching 30%, leading to carbon resource wastage [1] - The research team discovered that introducing trace amounts of halogenated compounds, such as bromomethane and iodomethane, can precisely control the reaction pathways on the surface of iron-based catalysts, effectively shutting down the pathways that generate carbon dioxide, achieving near "zero emissions" [1][2] Group 3: Benefits and Future Implications - The new method increases the proportion of high-value olefins produced to over 85%, surpassing the industry average [1] - This innovative approach does not alter the existing catalyst structure or require equipment replacement, making it highly adaptable for engineering applications [2] - The development addresses the significant challenge of carbon dioxide emissions in Fischer-Tropsch synthesis, providing a simple and effective technical solution for green and low-carbon production of olefins or liquid fuels, potentially paving new pathways for decarbonization in China's coal chemical processes [2]

Group 1 - The company Guangzhou Development has appointed Ms. Jiang Yun as the secretary of the ninth board of directors, with a term ending on December 28, 2026 [1] - For the first half of 2025, the revenue composition of Guangzhou Development is as follows: coal accounts for 44.2%, pipeline gas 21.39%, oil products 11.75%, coal power 7.91%, gas power 5.35%, and wind power 5.25% [1] - As of the report date, the market capitalization of Guangzhou Development is 24.1 billion yuan [1]

Core Insights - Hengli Petrochemical reported a revenue of 157.38 billion yuan and a net profit attributable to shareholders of 5.02 billion yuan for the first three quarters of 2025, with a significant net profit of 1.97 billion yuan in Q3, marking an 81.47% year-on-year increase and substantial quarter-on-quarter improvement [1] - The company has maintained strong operational resilience by flexibly adjusting its product structure and enhancing cost control in response to weak external macro demand [1] Group 1 - Hengli Petrochemical is one of the earliest private large-scale refining and chemical enterprises in China, with a comprehensive capacity including a 20 million tons/year integrated refining project and various chemical production facilities [1] - The company has established a modern industrial system that integrates "world-class chemical refining" and "modern coal chemical" projects, supporting a "big chemical" strategic platform through deep integration of oil and coal [1] - Hengli Petrochemical has a well-established capacity layout in downstream chemical new materials, including differentiated fibers, functional films, engineering plastics, and biodegradable new materials [1] Group 2 - The company is focused on enhancing its cost advantages through continuous internal cost reduction and efficiency improvement, alongside high-value-added technological upgrades and boutique project construction [2] - Hengli Petrochemical has a diverse product structure, including oil-related aromatics, olefins, and coal chemical products, as well as a rich downstream product layout in industrial and functional materials [2] - The company has implemented a high cash dividend policy, returning 26.1 billion yuan to investors since its restructuring, which is 40.43% of the cumulative net profit during the same period [2]