成都云图控股股份有限公司（以下简称"云图控股"）近期接待了机构调研。据公司投资者关系活动记录 表显示，此次调研为特定对象调研，吸引了国投证券、东北证券、华泰资管、友安众晟资产、亘曦资产 等5家机构参与。公司董事会秘书陈银女士负责接待，调研活动分别于2026年1月7日下午13:30-15:00及1 月9日上午11:00-12:00在云图控股会议室以现场形式举行。 磷复肥主业稳健：近800万吨产能支撑，2024年营收114.30亿元 调研中，机构重点关注了公司磷复肥业务的经营情况及产能布局。陈银介绍，依托"资源+产业链"战 略，公司磷复肥主业持续夯实，目前产能已近800万吨。2024年，公司磷复肥销量达417.97万吨，实现 营收114.30亿元。在产能布局上，公司秉持"靠近资源、靠近市场"原则，已构建起辐射全国、高效协同 的产能网络，现有生产基地涵盖湖北等地，规模优势将进一步增强整体盈利能力。 应城基地产业链协同深化：70万吨合成氨项目推进，150万吨精制盐试生产 关于应城基地产业链情况，陈银表示，该基地依托自有2.5亿吨储量的盐矿资源，已形成完整的"盐—碱 —肥"产业链，上游掌控氯化铵、硝酸铵等氮肥原料，下游 ...

Group 1 - The core viewpoint of the news is that Hubei Yihua's stock has shown fluctuations in price and trading volume, with a notable increase in stock price by 18.36% year-to-date and a recent trading volume of 4.42 billion yuan [1] - As of December 26, Hubei Yihua's stock price was 14.70 yuan per share, with a market capitalization of 15.997 billion yuan [1] - The company has experienced a net outflow of main funds amounting to 36.32 million yuan, with significant buying and selling activities recorded [1] Group 2 - Hubei Yihua, established on September 6, 1993, and listed on August 15, 1996, primarily engages in the production and sales of fertilizers and chemical products [2] - The revenue composition of Hubei Yihua includes: phosphate fertilizer (26.07%), polyvinyl chloride (18.92%), urea (13.86%), and other products [2] - As of September 30, 2025, Hubei Yihua reported a revenue of 19.167 billion yuan, reflecting a year-on-year growth of 41.76%, and a net profit attributable to shareholders of 0.812 billion yuan, up by 7.01% [2] Group 3 - Hubei Yihua has distributed a total of 1.337 billion yuan in dividends since its A-share listing, with 0.645 billion yuan distributed in the last three years [3] - As of September 30, 2025, the number of shareholders decreased by 30.23% to 83,100, while the average circulating shares per person increased by 43.33% to 12,723 shares [2][3] - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited increased its holdings by 10.0535 million shares, while the Southern CSI 1000 ETF reduced its holdings by 0.0821 million shares [3]

Core Viewpoint - The meeting held by the China Sulfuric Acid Industry Association and the China Phosphate Fertilizer Industry Association focuses on stabilizing supply and prices in the sulfuric acid and phosphate fertilizer industries to ensure stable fertilizer supply and pricing before the spring farming season, thereby reinforcing the agricultural input security for national food safety [1][2]. Group 1: Current Market Situation - Global sulfur resource supply is tight, leading to a significant price increase, with imported sulfur prices rising over 230% this year, reaching over 4100 yuan/ton at one point [1]. - As of December 11, the average domestic sulfur price hit a yearly high, with solid sulfur averaging 3936.88 yuan/ton (up 169.59% year-on-year) and liquid sulfur at 3992.75 yuan/ton (up 161.61% year-on-year) [1]. Group 2: Regulatory Measures - Export control measures require sulfuric acid exporters to prioritize domestic market needs and reduce export volumes, with any necessary exports priced no lower than domestic prices [2]. - Price control measures set December 11 prices as a baseline, prohibiting smelting acid producers from raising prices arbitrarily to ensure market stability [2]. - Sulfur companies are encouraged to establish an independent pricing system based on the domestic market to avoid significant fluctuations tied to international market prices [2]. Group 3: Industry Responsibilities - The sulfuric acid and phosphate fertilizer industries are urged to recognize the importance of food security and fertilizer supply, enhancing their sense of responsibility and prioritizing supply stabilization efforts [2]. - The China Sulfuric Acid Industry Association and the China Phosphate Fertilizer Industry Association are tasked with industry self-regulation, monitoring, and implementing supply stabilization measures, including promoting long-term purchase agreements between upstream and downstream companies [2]. Group 4: Technological Development - To alleviate sulfur resource supply pressure, the meeting discussed promoting phosphogypsum-based sulfuric acid production technology and coordinating supportive policies [3]. - Approximately 90 million tons of phosphogypsum are produced annually in China, with 1 ton of phosphogypsum capable of producing 0.45 tons of sulfuric acid, which could significantly supplement domestic sulfur supply if scaled effectively [3]. - Leading companies like Guizhou Phosphate Group and Yunnan Yuntianhua Co., Ltd. are advancing the application of phosphogypsum-based sulfuric acid technology, with some projects already operating stably for years [3].

Core Viewpoint - The meeting held by the China Sulfuric Acid Industry Association and the China Phosphate Fertilizer Industry Association focuses on stabilizing supply and prices in the sulfuric acid and phosphate fertilizer industries to ensure stable fertilizer supply and pricing before the spring farming season, thereby reinforcing the agricultural input security foundation for national food security [1][2]. Group 1: Supply and Price Control Measures - The global price of sulfur resources has significantly increased this year, leading to a surge in raw material costs for fertilizer production in China, which poses severe pressure on winter reserves and spring farming fertilizers [1]. - Export control measures require sulfuric acid exporting companies to prioritize domestic market demand, reduce export volumes, and ensure that export prices do not fall below domestic prices [1]. - Price control measures set December 11 as the baseline price, mandating smelting acid producers to avoid unilateral price increases to ensure market stability [1]. Group 2: Industry Responsibility and Cooperation - The sulfuric acid and phosphate fertilizer industries are urged to recognize the importance of food security and fertilizer supply, enhancing their sense of responsibility and prioritizing supply and price stabilization as key tasks [2]. - The China Sulfuric Acid Industry Association and the China Phosphate Fertilizer Industry Association are tasked with fulfilling industry self-regulation responsibilities, strengthening industry monitoring, and fully implementing supply and price stabilization measures [2]. - The meeting encourages smelting acid and phosphate fertilizer producers to establish stable upstream and downstream purchasing relationships through long-term sales agreements [2]. Group 3: Technological Promotion and Policy Support - The meeting also mentioned the promotion of phosphogypsum acid production technology and the coordination with relevant departments to study supportive measures [3].

在此关键时段，本版今日起推出系列报道《2025收官掠影》，期待通过梳理优秀企业经验、凝聚发展共 识，为业界带来有价值的参考与启迪。 编者按 距离2025年结束仅剩半个月，石油和化工企业也进入全年发展的收官冲刺阶段。面对多重挑 战，广大石化企业正全力以赴、争分夺秒，在绿色转型、技术突破与结构优化的道路上奋力前行，以决 战姿态跑出高质量发展"加速度"。 2025年收官在即，新洋丰农业科技股份有限公司正同步打响两大攻坚战：一场是磷复肥主业的稳产保供 战，一场是新能源材料主业磷酸铁的创新突破战。这场双线并进的年度冲刺，不仅是企业经营目标的攻 坚，更彰显了传统产业与新兴动能在时代命题下的协同进化。 磷复肥：筑牢粮食安全的"压舱石" 四季度正是春耕备肥的黄金季节，新洋丰正系统构建从原料到田间的全流程保障体系，为国家粮食安全 贡献力量。 原料保障构筑坚实基础。面对硫黄、钾肥等原料价格剧烈波动，新洋丰通过多年布局，建立起稳固的多 元化原料供应网络，同时充分利用其规模化和资金优势，深化战略合作，精准研判市场趋势，在控制采 购成本的基础上，有效保障了关键原材料的稳定供应。该公司还通过参股、战略合作等方式深度参与上 游磷矿资源开发 ...

近年来，新洋丰始终坚持"创新驱动 绿色发展"理念战略，通过持续加大研发投入，引进高层次科技人 才，深化产学研合作，在磷复肥、磷系新能源材料、磷精细化工、磷石膏固废利用等领域取得了一系列 研发突破，并将创新技术高效转化为具有市场竞争力的产品与服务。近3年，该公司累计投入研发费用 近5亿元，承担了7项"十四五"国家重点研发项目或课题，参与制定国标4项、行标5项，获得发明专利54 件。 中化新网讯 近日，新洋丰农业科技股份有限公司总部通过三年一度的高新技术企业重新认定;旗下子公 司吉林新洋丰肥业有限公司首次通过高新技术企业认定。截至目前，新洋丰系统内已有5家企业跻身高 新技术企业行列。 ...

Core Viewpoint - The company has successfully transformed low-grade waste rock into high-value phosphate concentrate through innovative technology, addressing resource scarcity and high market prices while achieving significant cost savings [1][2][4]. Group 1: Technological Innovation - The company developed a proprietary low-grade phosphate flotation process that converts previously discarded waste rock into valuable phosphate concentrate [2][3]. - As of November 26, the company processed 1.21 million tons of ultra-low-grade phosphate rock, producing over 290,000 tons of concentrate and saving approximately 160 million yuan [2]. - The minimum grade for phosphate selection has been reduced to 9.69%, significantly below the industry standard of 18% in Hubei province, setting a new industry record [2][3]. Group 2: Efficiency and Resource Management - The company implemented lean management practices to balance production and energy consumption, achieving a reduction in water and energy usage [4]. - Innovations such as the "double alkali method" for wastewater purification have led to zero discharge and significant cost savings in water treatment [4]. - The company modified its milling process, resulting in a 9.8% reduction in energy consumption compared to the previous year, saving an estimated 5.61 million yuan [4]. Group 3: Future Development and Industry Positioning - The company invested over 12 million yuan in a research and development platform to continue advancing its technology and addressing challenges in processing difficult ores [5]. - A partnership with Wengfu Group aims to transition from fertilizer production to fine phosphorus chemicals, marking a significant step in industry transformation [6]. - The company is actively pursuing high-value utilization of phosphate resources from phosphogypsum and tailings, demonstrating a commitment to sustainable practices and resource optimization [6].

Core Viewpoint - The domestic sulfur market has seen a significant price increase, with prices surpassing 4000 yuan per ton, marking a 17% month-on-month increase and over 160% year-on-year increase, reaching a ten-year high [1] Group 1: Market Dynamics - The primary driver of the recent price surge in the domestic sulfur market is the tightening of international supply, increased downstream demand, and market sentiment [1] - Geopolitical factors, particularly the Russia-Ukraine conflict, have led to a significant decrease in sulfur exports from Russia and Kazakhstan, contributing to the price increase [2] - The export volume of Russian sulfur has dropped from around 2 million tons pre-conflict to an estimated 200,000 tons in 2025 due to ongoing geopolitical tensions [2] Group 2: Demand Factors - The rebound in the phosphate fertilizer industry has provided support for sulfur demand, with high operating rates for monoammonium phosphate and diammonium phosphate since the second half of the year [4] - The development of Indonesia's nickel smelting projects is expected to significantly increase sulfur demand, with an estimated additional requirement of about 500,000 tons by 2027 [4] - The renewable energy sector is projected to be the fastest-growing segment for sulfur demand, with its share expected to rise from 5% in 2024 to 8% in 2025 [5] Group 3: Price Trends and Market Sentiment - The announcement of Qatar Energy's sulfur contract price for December, which increased by $95 to $495 per ton, has further stimulated domestic prices, leading to a rise in port prices [3] - Market sentiment remains bullish, with over 70% of traders expecting further price increases despite current high price levels [6] - The ongoing tight supply situation and high international prices are expected to maintain upward pressure on domestic prices, with traders reluctant to lower their selling prices [7]

（编辑 任世碧） 证券日报网12月11日讯 云图控股在12月9日至10日回答调研者提问时表示，公司磷复肥年产能近800万 吨，在建复合肥产能190万吨。遵循"靠近资源，靠近市场"原则，公司已在湖北应城、荆州、宜城，四 川眉山，河南宁陵，山东平原，辽宁铁岭，黑龙江肇东、佳木斯，新疆昌吉等地布局复合肥生产基地， 并推进广西贵港和新疆阿克苏基地的建设，形成了覆盖粮食主产区与核心市场的生产网络。此外，公司 还在马来西亚建有年产15万吨复合肥的生产基地，保障东南亚市场的供应。随着在建产能逐步投产释 放，公司依托完整的氮磷产业链及辐射国内外的生产网络，有效保障主要原料稳定供应，持续提升成本 竞争力，并快速响应不同区域的市场需求，为磷复肥主业发展提供稳固支撑。 ...

证券日报网12月11日讯云图控股在12月9日至10日回答调研者提问时表示，公司将在保障自身产业链需 求的基础上，统筹安排磷矿石的使用。一方面，公司将使用自采的磷矿石生产黄磷、磷复肥、磷系阻燃 剂及磷酸铁等产品，保障生产所需磷矿石的稳定供应，并降低生产成本。另一方面，公司将结合市场情 况和自身需求，动态调整自用和外售的比例，力求效益最大化，增强公司盈利能力。 （文章来源：证券日报） ...