股票代码：600727 股票简称：鲁北化工 编号：2025-044 山东鲁北化工股份有限公司 2025年半年度主要经营数据公告 特别提示 本公司董事会及全体董事成员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。 | 主要产品 | 2025年半年度 平均售价（元/吨） | 2024年半年度 平均售价（元/吨） | 变动比率（%） | | --- | --- | --- | --- | | 钛白粉 | 12,637.11 | 14,008.03 | -9.79 | | 甲烷氯化物 | 1,969.28 | 1,979.51 | -0.52 | | 化肥 | 2,844.78 | 2,630.80 | 8.13 | | 原盐 | 212.39 | 274.34 | -22.58 | | 水泥 | 259.49 | 237.84 | 9.11 | 1 主要产品 2025年半年度 产量（吨） 2025年半年度 销量（吨） 2025年半年度 销售金额（元） 钛白粉 136,785.60 126,123.80 1,593,840,221.40 甲烷氯化物 216 ...

证券研究报告 | 2025年08月26日 金诚信（603979.SH）——半年报点评 优于大市 二季度业绩表现亮眼，铜矿项目持续取得突破 公司发布半年报：上半年实现营收 63.16 亿元，同比+47.82%；实现归母净 利 11.11 亿元，同比+81.29%。公司此前已发布预告，预计上半年实现归母 净利 10.7-11.2 亿元，实际数据比较靠近上限的位置，业绩表现亮眼。公司 25Q2 实现营收 35.05 亿元，同比+52.39%，环比+24.70%；实现归母净利 6.89 亿元，同比+103.25%，环比+63.30%。 矿服业务：上半年实现营收 33.22 亿元，同比+0.57%，实现毛利 7.67 亿元， 同比-17.26%，毛利率 23.10%，同比减少 4.98 个百分点。公司上半年矿服业 务毛利同比下降，主要系因为：1）公司于 2024 年 7 月完成对 Lubambe 铜矿 的收购，Lubambe 由矿服业务转为内部管理单位；2）公司于 2024 年 12 月完 成对 Terra Mining 的收购，其主要为露天矿服业务且尚处于业务开展前期 阶段，减少了矿服业务毛利；3）受 25Q2 卡莫 ...

证券研究报告 | 2025年08月26日 金诚信（603979.SH）——半年报点评 优于大市 二季度业绩表现亮眼，铜矿项目持续取得突破 公司发布半年报：上半年实现营收 63.16 亿元，同比+47.82%；实现归母净 利 11.11 亿元，同比+81.29%。公司此前已发布预告，预计上半年实现归母 净利 10.7-11.2 亿元，实际数据比较靠近上限的位置，业绩表现亮眼。公司 25Q2 实现营收 35.05 亿元，同比+52.39%，环比+24.70%；实现归母净利 6.89 亿元，同比+103.25%，环比+63.30%。 矿服业务：上半年实现营收 33.22 亿元，同比+0.57%，实现毛利 7.67 亿元， 同比-17.26%，毛利率 23.10%，同比减少 4.98 个百分点。公司上半年矿服业 务毛利同比下降，主要系因为：1）公司于 2024 年 7 月完成对 Lubambe 铜矿 的收购，Lubambe 由矿服业务转为内部管理单位；2）公司于 2024 年 12 月完 成对 Terra Mining 的收购，其主要为露天矿服业务且尚处于业务开展前期 阶段，减少了矿服业务毛利；3）受 25Q2 卡莫 ...

证券代码：600096 证券简称：云天化 公告编号：临 2025-065 云南云天化股份有限公司 关于 2025 年半年度业绩说明会召开情况的公告 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。 云南云天化股份有限公司（以下简称"公司"）于 2025 年 8 月 （http://roadshow.sseinfo.com），通过网络文字互动的方式召开了 2025 年半年度业绩说明会。2025 年 8 月 20 日，公司已在上海证券交易所 网站（www.sse.com.cn）披露了《关于召开 2025 年半年度业绩说明 会的公告》（详见公司公告：临 2025-064），现将此次业绩说明会召 开的有关情况公告如下： 一、说明会基本情况 副总经理、财务总监钟德红先生，独立董事罗焕塔先生，副总经理、 董事会秘书苏云先生出席了本次业绩说明会。公司就 2025 年上半年 经营成果、财务状况等问题与投资者进行互动交流和沟通，在信息披 露允许的范围内就投资者普遍关注的问题进行了问答。 二、本次说明会投资者提出的主要问题及公司回复情况 （一）预征 ...

钢结构钾肥双驱动，加速转型资源企业。青岛东方铁塔公司始建于1988 年，传统主业为钢结构制造， 拥有多项工程施工资质，公司产品在电厂厂房钢结构及空冷平台钢结构、广播电视通讯塔及微波塔、在 输电线路铁塔及变电站架构和在石化能源钢结构及民用钢结构市场种均位于行业前列。2016 年公司收 购老挝开元矿业完成业务转型，实现钢结构+钾肥双轮驱动。截至2024 年末，公司已实现钾肥产销量超 120 万吨，同时积极推进第二个百万吨项目，助力未来成长。公司子公司昆明帝银磷矿探转采手续已完 成县政府联勘联审，并报送审核资料到昆明市政府；公司目前在老挝积极开发钾资源，未来有望向资源 型企业开拓。 钾肥供给扰动不断，涨价趋势有望延续。①全球供需错配：钾肥出自天然钾矿，根据USGS 数据， 2024 年全球储量约为68.2 亿吨。目前死海、加拿大、白俄罗斯、俄罗斯占据全球69.9%的钾资源储量。 2024 年全球产量主要集中在加拿大、俄罗斯、白俄罗斯和中国，产量（折纯K2O）分别为1500、900、 700、630 万吨，占比分别为31.3%、18.8%、14.6%和13.1%。而需求集中在中国、巴西、美国和印度等 农业大国，全球长 ...

相关数据显示：从2022年开始推进新一轮找矿突破战略行动以来，贵州在优势矿产资源找矿过程中取得 重大成果。其中，磷矿找矿取得重大突破，探获磷矿资源量6.5亿吨；在黔中地区圈定全隐伏大型铝土 矿矿体1个，探获铝土矿超过5000万吨，取得黔中地区铝土矿找矿近30年来的重大突破。 当前，贵州矿业仍面临着资源环境约束趋紧、转型升级亟待提速、安全生产须万无一失、绿色低碳任重 道远、产业链价值尚待攀升、人才梯队亟须夯实等挑战。贵州省矿业协会会长苏传凯表示，将深化"聚 智赋能"平台建设，推动矿业向高端化、智能化、绿色化转型；同时，强化科技支撑，推广绿色勘探、 智能开采、资源高效综合利用和矿山生态修复技术和先进安全管理体系与技术装备，为矿业高质量发展 保驾护航。 贵州省自然资源厅相关负责人表示，贵州将坚持绿色发展、安全发展，严格落实矿产资源开发与生态环 境保护协同推进的要求，加快绿色矿山建设，推广先进采选技术和工艺，推动矿业向绿色化、智能化、 集约化方向发展。 经济日报记者从近日召开的2025年贵州省矿业产业高质量发展大会上获悉：近年来，贵州以"富矿精 开"为关键抓手，深入推进"精确探矿、精准配矿、精细开矿、精深用矿"，资源 ...

Group 1 - The core viewpoint of the article highlights the significant developments in the lithium battery industry, including production increases and strategic partnerships among key players [2][3][4][5][6][7][9][11][13]. Group 2 - Blue Lithium's battery shipment volume reached approximately 310 million units in the first half of the year, with a target of over 50% growth for the full year [2]. - CATL established a new subsidiary in Xiamen with a registered capital of 2 billion yuan, focusing on battery manufacturing and sales [3]. - Tailan New Energy signed a contract for a solid-state battery production base in Hubei, marking a significant expansion of its manufacturing network [4]. - BYD launched a range of lithium batteries for electric two and three-wheelers, with prices ranging from 1,298 yuan to 6,998 yuan [6]. - A new project in Kashgar aims to produce 60 million cylindrical power batteries annually, with a total investment of 15 million yuan [7]. - Gree's partnership with China Huadian Group focuses on building low-carbon and zero-carbon industrial parks, promoting a "green + circular" cooperation model [9]. - A project in Hunan for producing 10,000 tons of porous carbon for silicon-carbon anode materials is under environmental assessment, with a total investment of 10 million yuan [11]. - Tianyuan Co. announced that its 900,000 tons/year phosphate mining project has entered trial production, which is expected to enhance future operational performance [13].

Core Insights - The "Ma Jing Zi Dong Phosphate Mine Survey Project" in Leibo County has discovered over 130 million tons of phosphate resources, classifying it as a large-scale deposit [1] - The project was conducted by the Seventh Geological Brigade of the Sichuan Geological Bureau and took one year to complete, with field acceptance achieved by the end of May [1] - The demand for phosphate resources has surged due to the growth of the new energy industry, prompting Sichuan to discover eight medium to large phosphate mines since the start of the 14th Five-Year Plan, adding 1.75 billion tons of phosphate resources [1] Industry Developments - Sichuan has established a multi-channel investment mechanism for mineral exploration, being the first in the country to implement a revenue-sharing incentive mechanism for mining rights transfer [1] - The province is actively seizing opportunities from the new round of mineral exploration breakthroughs, enhancing its geological survey capabilities [1]

Group 1: Mining Operations - The Xiaogaozhai Phosphate Mine has a designed production capacity of 2 million tons per year, with a service life of 25 years [1] - The mine's current production capability can exceed 2.9 million tons per year if additional capacity is approved [2] - The mine operates at an elevation of approximately 1,050 meters, with the lowest mining level at +750 meters [2] Group 2: Production and Capacity - The current production license allows for a maximum output of 2 million tons per year, with plans to increase to 2.9 million tons per year pending approval [3] - The main slope shaft has a belt capacity of over 800 tons per hour, with a belt width of 2 meters [2] - The mining plan involves sequential extraction of layers A and B, with an average thickness of 4.7 meters for the interlayer [3] Group 3: Financial Aspects - The estimated investment for the new 900,000 tons per year capacity is approximately 150 million yuan [4] - The comprehensive cost of production is around 400 yuan per ton, including taxes [3] - The company aims for an annual return on investment of over 60% [5] Group 4: Market and Pricing - The market price for phosphate ore with a grade of 28% is approximately 870 yuan per ton [5] - The national demand for phosphate ore is estimated at about 110 million tons per year [6] - The company sells 50% of its phosphate concentrate within the province and 50% outside [4] Group 5: Regulatory and Approval Processes - The approval for the new 2.9 million tons per year capacity is managed at the provincial level, while capacities over 3 million tons require national approval [3] - The safety production facility design for the new capacity has been completed and is currently under review [4] - Expansion plans will require thorough assessments and timely submissions to regulatory bodies [4]

Group 1 - The company is advancing the construction of the Huangjiapo phosphate mine, which is expected to start producing ore in the second half of this year, subject to actual conditions [2] - The company confirmed that information regarding production will be disclosed once the mine reaches full capacity [2] - The inquiry was made by an investor on an interactive platform regarding the timeline for production and information disclosure [2]