Core Viewpoint - China Heartland Fertilizer (01866) has seen a stock price increase of over 7%, currently trading at 7.81 HKD, with a transaction volume of 33.22 million HKD, following the announcement of the successful production launch of its Jiangxi subsidiary's industrial chain extension project, which has a designed annual capacity of 600,000 tons of synthetic ammonia and 1.2 million tons of controlled-release fertilizers [1] Group 1 - The successful launch of the Jiangxi base's project will leverage existing market and locational advantages, enhancing efficient capacity utilization and reinforcing cost leadership [1] - The company aims to increase market share while generating incremental cash flow, contributing to high-quality and sustainable development, thereby enhancing overall competitiveness and brand influence [1] - Huaxin Securities highlights that the company maintains a leading position in production scale and operational capability domestically while steadily advancing strategic layout [1] Group 2 - The second phase of the Jiangxi base project and the new chemical materials project at the Xinxiang base are expected to commence production in Q3 2025 and Q1 2026, respectively [1] - New bases in Guangxi and Qundong are progressing as planned, with full capacity release expected by 2027, leading to cash flow exceeding capital expenditures [1] - The company is positioned to achieve a positive cycle of investment, output, and development, establishing a stronger scale and cost advantage in the upcoming industry development cycle for sustainable long-term value growth [1]

智通财经APP获悉，中国心连心化肥(01866)涨超7%，截至发稿，涨6.99%，报7.81港元，成交额3322.23 万港元。 消息面上，中国心连心化肥发布公告，2025年9月23日，公司附属公司江西心连心化学工业有限公司(江 西基地)产业链延伸项目(一期)顺利投入生产，具备设计年产能60万吨合成氨及120万吨缓控释肥。该项 目的顺利投产，将充分发挥江西基地现有的市场与区位优势，提升高效产能利用率，进一步巩固成本领 先优势。在提升现有市场占有率的同时，持续贡献增量现金流，为实现高质量、可持续发展注入新动 能，全面增强公司的综合竞争力与品牌影响力。 华鑫证券指出，公司在保持生产规模与运营能力国内领先的同时，以稳健有序的节奏持续推进战略布局 落地。其中，江西基地二期项目及新乡基地化工新材料项目，将分别在2025年第三季度及2026年第一季 度投产，广西、准东两大新增基地均按计划稳步推进，预计2027年公司各在建产能全面释放，现金流规 模将远超资本开支，形成投入、产出、发展正向循环，公司将以更坚实的规模与成本优势，在行业新一 轮发展周期中占据更有利地位，实现公司长期可持续的价值增长。 ...

Core Viewpoint - China Heartland Fertilizer (01866) announced the successful production launch of its subsidiary Jiangxi Heartland Chemical Industry Co., Ltd.'s (Jiangxi Base) industrial chain extension project (Phase I) on September 23, 2025, with a designed annual production capacity of 600,000 tons of synthetic ammonia and 1.2 million tons of controlled-release fertilizers [1] Group 1 - The successful launch of the project will leverage the existing market and geographical advantages of the Jiangxi base [1] - The project aims to enhance the efficient capacity utilization rate and further consolidate the cost leadership advantage [1] - It is expected to increase the current market share while continuously contributing incremental cash flow, injecting new momentum for high-quality and sustainable development [1] Group 2 - The project will comprehensively enhance the company's overall competitiveness and brand influence [1]

Core Viewpoint - China Heartland Fertilizer (01866.HK) announced the successful production launch of its subsidiary Jiangxi Heartland Chemical Industry Co., Ltd.'s industrial chain extension project (Phase I) on September 23, 2025, with a designed annual capacity of 600,000 tons of synthetic ammonia and 1,200,000 tons of slow-release fertilizers [1] Group 1 - The successful launch of the project will leverage the existing market and location advantages of the Jiangxi base [1] - The project aims to enhance efficient capacity utilization and further consolidate cost leadership [1] - It is expected to increase market share while continuously contributing incremental cash flow, injecting new momentum for high-quality and sustainable development [1] Group 2 - The project will comprehensively enhance the company's overall competitiveness and brand influence [1]

Core Viewpoint - The successful commissioning of the Jiangxi Xinyuan Chemical Industry Co., Ltd. project will enhance the company's production capacity and competitive edge in the fertilizer market [1] Group 1: Project Details - The Jiangxi Xinyuan Chemical Industry Co., Ltd. project has a designed annual production capacity of 600,000 tons of synthetic ammonia and 1.2 million tons of slow-release fertilizers [1] - The project commenced production on September 23, 2025, marking a significant milestone for the company [1] Group 2: Strategic Implications - The project will leverage the existing market and geographical advantages of the Jiangxi base, improving the efficient utilization of production capacity [1] - It aims to enhance market share while contributing incremental cash flow, supporting the company's goals for high-quality and sustainable development [1] - The initiative is expected to strengthen the company's overall competitiveness and brand influence in the industry [1]

CHINA XLX FERTILISER LTD. 中國心連心化肥有限公司 * （ 在 新 加 坡 註 冊 成 立 之 有 限 公 司 ） 中國心連心化肥有限公司（「本公司」）董事會（「董事會」）欣然宣佈，二零二五年九月二十 三日，本公司附屬公司江西心連心化學工業有限公司（「江西基地」）產業鏈延伸項目（一 期）順利投入生產，具備設計年產能60萬噸合成氨及120萬噸緩控釋肥。 該項目的順利投產，將充分發揮江西基地現有的市場與區位優勢，提升高效產能利用 率，進一步鞏固成本領先優勢。在提升現有市場佔有率的同時，持續貢獻增量現金流， 為實現高質量、可持續發展注入新動能，全面增強公司的綜合競爭力與品牌影響力。 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不負責，對其 準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部分內容 而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 （香港股份代號：1866） 自願公告 產業鏈延伸項目（一期）成功投產 香港，二零二五年九月二十三日 於本公告日期，本公司執行董事為劉興旭先生、張慶金先生及閆蘊華女士；本公司獨立 非執行董事為王建源先生、李生 ...

Group 1 - The eighth China Farmers' Harvest Festival was celebrated on September 23, focusing on "Celebrating Agricultural Harvest and Enjoying a Better Life" [1] - Various oil and chemical companies have strengthened the production and supply of agricultural materials such as fertilizers, pesticides, and agricultural films to ensure market stability and support crop yield [1] - Shandong Hualu Hengsheng Chemical Co., Ltd. adjusted its production structure to increase the output of fertilizers like urea and ammonium sulfate to meet local agricultural needs [1] Group 2 - Hubei Xiangyun (Group) Chemical Co., Ltd. launched innovative fertilizers, including astaxanthin-based fertilizers that can enhance saline-alkali land productivity by 30% [2] - Jinzhengda promotes green and efficient fertilizers, developing over 600 crop-specific solutions for various crops [2] - Xinlianxin Group focuses on developing high-efficiency products, achieving a fertilizer utilization rate of over 43.8% compared to the 35% of ordinary urea [2] Group 3 - Luxi Group increased the variety of fertilizers produced to meet the diverse needs of different crops and regions, supporting the development of high-efficiency fertilizers [3] - Hubei Yihua is committed to ensuring sufficient supply and stable prices of fertilizers while innovating products to meet diverse agricultural needs [3] - Limin Co. and Tianhe Co. launched a "Rice Flying Defense Plan" to combat common rice pests and diseases, ensuring healthy crop growth [3] Group 4 - China Coal Ordos Energy Chemical Co., Ltd. provided 2,500 tons of affordable fertilizers to support farmers during the critical agricultural production period [4] - Jinneng Holding Group adjusted its product structure to ensure stable and sufficient fertilizer supply during the harvest season [4] - Yuntianhua adheres to a management philosophy that ensures production facilities operate at full capacity during key agricultural periods [5] Group 5 - Tianye Group enhances modern agricultural technology, focusing on water-saving agriculture and improving crop yields through innovative techniques [5] - Zhushang Fertilizer (China) Group offers comprehensive services from soil testing to planting guidance, helping farmers optimize fertilizer use [5] - The company has developed various brands of fertilizers that improve soil quality and enhance crop resistance, benefiting millions of farmers [5]

Company Overview - Jinzhengdai Ecological Engineering Group Co., Ltd. is located in Linshu County, Shandong Province, established on August 26, 1998, and listed on September 8, 2010 [1] - The company specializes in a full range of soil-required products including compound fertilizers, slow-release fertilizers, water-soluble fertilizers, biological fertilizers, and soil conditioners, as well as providing related agricultural solutions for growers [1] Financial Performance - As of June 30, 2025, Jinzhengdai achieved operating revenue of 4.799 billion yuan, representing a year-on-year growth of 4.81% [2] - The net profit attributable to shareholders was -783.144 million yuan, a decrease of 146.50% compared to the previous period [2] - Cumulative cash dividends since the A-share listing amount to 1.227 billion yuan, with no dividends distributed in the past three years [3] Stock Performance - On September 3, Jinzhengdai's stock price fell by 2.26%, closing at 1.73 yuan per share, with a trading volume of 119 million yuan and a turnover rate of 2.06%, resulting in a total market capitalization of 5.685 billion yuan [1] - Year-to-date, the stock price has decreased by 11.73%, with a slight increase of 0.58% over the last five trading days and no change over the last 20 days, while it has decreased by 1.70% over the last 60 days [1] Shareholder Information - As of June 30, 2025, the number of shareholders is 69,600, a decrease of 3.60% from the previous period, with an average of 47,179 circulating shares per person, an increase of 3.74% [2] - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited ranks as the seventh largest, holding 19.4337 million shares, an increase of 8.9789 million shares from the previous period [3] Market Position - Jinzhengdai is classified under the basic chemicals - agricultural chemical products - compound fertilizers sector, and is associated with concepts such as cement, low prices, rural e-commerce, ecological agriculture, and Shandong state-owned assets [1]

Core Viewpoint - The company is launching the "German Schneider Efficiency Technology 2.0" globally, aiming to enhance agricultural productivity through innovative fertilizer solutions and partnerships with global stakeholders [1][3][5]. Group 1: Launch Event - On August 26, the company held an online event to kick off the global demonstration of "German Schneider Efficiency Technology 2.0" with over 18,000 partners [1][3]. - The event was part of the company's 27th anniversary celebration, emphasizing the commitment to agricultural innovation and collaboration [1][3]. Group 2: Strategic Initiatives - The company has been actively pursuing a "go out, bring in" strategy, focusing on international expansion of slow-release fertilizers [3]. - Significant milestones include the establishment of an overseas slow-release fertilizer factory in the Netherlands and partnerships in Indonesia and Southeast Asia [3]. Group 3: Technology and Impact - The upgraded "Efficiency Technology 2.0" promises more stable and pronounced effects, with crop yield increases ranging from 15% to 30% across various crops [4]. - The technology employs unique nutrient retention, plant vaccine, and microbial activation techniques to enhance fertilizer efficiency and reduce environmental impact [4]. Group 4: Future Plans - The company plans to provide free trial products to partners and will upgrade all its brands and products in the second half of the year [4]. - Future initiatives include the construction of millions of acres of demonstration fields globally, reinforcing the commitment to sustainable agricultural practices [5].

本文源自：金融界 作者：行情君 截至2024年年报，中化化肥营业总收入212.65亿元、净利润10.61亿元。 8月25日，中化化肥披露2025财年中报。 8月25日，中化化肥(00297)盘中下跌5.63%，截至13:03，报1.34元/股，成交5628.63万元。 中化化肥控股有限公司主要业务涵盖化肥资源、研发、生产、分销和农化服务全产业链，是中国化肥行 业首家在香港上市的企业，同时也是中国进口化肥的主渠道。公司拥有逾60年的化肥国际贸易经验，覆 盖了中国95%的耕地面积，磷矿资源位列国内前十，具有最齐全的大量元素、中微量元素肥料以及专用 肥、缓控释肥、生物肥等新型肥料的研发、生产能力。 ...