Core Viewpoint - The company plans to invest in a project to expand its production capacity of sodium metal and liquid chlorine, aiming to strengthen its leading position in the industry [1] Group 1: Investment and Project Details - The company intends to invest a total of 83.9692 million yuan in the construction of a project with an annual production capacity of 10,000 tons of sodium metal and a by-product of 15,500 tons of liquid chlorine [1] - The project is expected to lower production costs of sodium metal and enhance economic benefits of the products [1] Group 2: Competitive Advantage - The expansion project will help consolidate the company's leading position in the industry chain, increasing its market influence and bargaining power [1] - Through technological upgrades and process optimization, the company aims to improve production efficiency and product quality, thereby enhancing its core competitiveness [1]

证券代码：600328 证券简称：中盐化工 公告编号：2026-001 详见同日刊登于《中国证券报》《上海证券报》和上海证券交易所网 站（www.sse.com.cn）的《中盐内蒙古化工股份有限公司关于调整 2025 年度日常关联交易预计的公告》。 其中关联董事周杰、乔雪莲、王广斌、杨廷文、王吉锁回避表决。 表决结果：同意 4 票，反对 0 票，弃权 0 票。 二、《关于投资建设中盐内蒙古化工钠业有限公司年产 1 万吨金属 钠、副产 1.55 万吨液氯扩建项目的议案》 详见同日刊登于《中国证券报》《上海证券报》和上海证券交易所网 站（www.sse.com.cn）的《中盐内蒙古化工股份有限公司关于投资建设中 盐内蒙古化工钠业有限公司年产 1 万吨金属钠、副产 1.55 万吨液氯扩建 项目的公告》。 中盐内蒙古化工股份有限公司 第九届董事会第九次会议决议公告 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个别及连带责任。 中盐内蒙古化工股份有限公司（以下简称"公司"）第九届董事会 第九次会议于2025年12月26日将会议通知以电子邮件、办 ...

Core Viewpoint - The company plans to invest in an expansion project to enhance production efficiency and maintain its leading position in the domestic metal sodium industry [1] Group 1: Company Overview - Zhongyan Chemical's subsidiary, Zhongyan Inner Mongolia Chemical Sodium Co., Ltd., is a leading enterprise in the domestic metal sodium sector [1] - The company aims to optimize production methods and improve operational quality through this investment [1] Group 2: Project Details - The expansion project will have an annual production capacity of 10,000 tons of metal sodium and will also produce 15,500 tons of liquid chlorine as a byproduct [1] - The total investment for the project is approximately 83.97 million yuan [1] - Funding for the project will be sourced 42.4% from the company's own funds and 57.6% from bank loans [1]

Group 1 - The core viewpoint of the article is that Zhongyan Chemical (600328.SH) plans to invest in an expansion project to enhance its production capacity of sodium metal and liquid chlorine, reinforcing its leading position in the industry [1] Group 2 - The company’s wholly-owned subsidiary, Sodium Industry Company, is recognized as a leading enterprise in the domestic sodium metal sector [1] - The expansion project aims to produce 10,000 tons of sodium metal annually, with a by-product of 15,500 tons of liquid chlorine [1] - The total investment for the project is approximately 83.97 million yuan, which includes 77.09 million yuan for construction investment, 4.69 million yuan for working capital, and 1.19 million yuan for interest during the construction period [1] - Funding for the project will be sourced 42.4% from the company’s own funds and 57.6% from bank loans [1]

Core Insights - The first renewable energy replacement project for a coal-fired self-supplied power plant in Alxa League, the Zhongyan Jilantai Chlor-Alkali Chemical 108,000 kW project, has successfully connected to the grid [1][7] - The total installed capacity of renewable energy in the league has reached 13,508,000 kW, comprising 6,505,000 kW from wind power and 7,003,000 kW from solar power [1][7] Investment and Project Details - The project has a total investment of 630 million yuan, establishing a diversified clean energy supply system primarily based on wind power, complemented by solar power and energy storage [3][9] - It includes 75,000 kW of wind power and 33,000 kW of solar power, along with the construction of a 220 kV booster station and supporting energy storage systems [3][9] Industry Impact - This project serves as a practical example of clean energy replacement in the industrial sector of Alxa League, effectively replacing traditional coal-fired power generation [3][9] - It aligns with the policy direction for the transformation of high-energy-consuming industries, aiding Zhongyan Jilantai Chlor-Alkali Chemical in deepening green technological upgrades and reducing energy costs [3][9] - The project provides replicable experiences for the transformation of high-energy-consuming enterprises in the region, accelerating the conversion of energy resource advantages into high-quality development advantages [3][9]

Core Viewpoint - The recent meeting of central enterprise leaders emphasized the need to enhance the quality and market value management of listed companies by 2026, coinciding with the one-year anniversary of the State-owned Assets Supervision and Administration Commission's (SASAC) guidelines on improving market value management for central enterprises [1] Group 1: Central Enterprises' Market Value Management - Central enterprises are increasingly adopting systematic actions for market value management, transitioning from regulatory requirements to concrete market commitments [1] - Measures such as share buybacks and increases in shareholding are being implemented to stabilize market expectations and enhance investor confidence [1] - China Metallurgical Group plans to repurchase A-shares and H-shares with a buyback amount between 1 billion and 2 billion yuan, while China National Coal's shareholding has increased from 30.31% to 31.72% [1] Group 2: Systematic Approach to Market Value Management - More central enterprises are integrating market value management into systematic projects, with companies like Sinopec launching initiatives to enhance investment value and shareholder returns [2] - Data from SASAC indicates that the market value of central enterprise-controlled listed companies has exceeded 22 trillion yuan, reflecting a nearly 50% increase since the end of the 13th Five-Year Plan [2] - Future market value management for central enterprises is expected to become more institutionalized, market-oriented, and normalized, focusing on quality improvement and investor communication [2] Group 3: Local State-Owned Assets and Market Value Management - Local governments are also promoting market value management for state-owned listed companies as a key strategy for deepening reforms and supporting high-quality development [3] - Shandong Province's State-owned Assets Supervision and Administration Commission has outlined a training program for enhancing the market value of provincial enterprises [3] - The emphasis is on establishing a correct market value management philosophy that prioritizes value creation over short-term stock price fluctuations [3] Group 4: Integration of Market Value Management - The strategic importance of market value management is increasingly recognized, becoming integral to corporate strategy, governance, and investor relations [4] - During the 14th Five-Year Plan period, market value management is expected to be deeply integrated into all aspects of enterprise operations, serving as a comprehensive measure of operational quality and governance [4]

Core Viewpoint - The company, Zhongyan Inner Mongolia Chemical Co., Ltd., has successfully completed its share repurchase plan, acquiring a total of 9,036,570 shares, which represents 0.616% of its total share capital, with a total expenditure of approximately 67.04 million yuan [4]. Group 1: Share Repurchase Approval and Plan - The company approved a share repurchase plan on December 5 and December 23, 2024, allowing for a repurchase of shares using self-owned and raised funds, with a budget between 50 million yuan and 100 million yuan [2]. - The repurchase price is capped at 12.60 yuan per share, with at least 50% of the funds allocated for maintaining company value and shareholder rights [2]. Group 2: Implementation of Share Repurchase - The first repurchase was executed on January 3, 2025, and the plan was completed by December 22, 2025, with shares repurchased at a maximum price of 7.98 yuan and a minimum price of 6.71 yuan, averaging 7.42 yuan per share [4]. - The execution of the repurchase plan adhered strictly to legal regulations, and there were no discrepancies between the actual execution and the disclosed plan [4]. Group 3: Shareholder Transactions - The company's chairman, Zhou Jie, planned to increase his shareholding by investing between 150,000 yuan and 200,000 yuan starting from September 20, 2024, and successfully acquired 23,900 shares by January 7, 2025 [5][6]. - No other directors, senior management, or major shareholders engaged in buying or selling company shares during the repurchase announcement period [6]. Group 4: Share Changes - The company reported changes in shareholding, including the cancellation of 5,390,824 restricted shares and the listing of 4,612,662 restricted shares during 2025 [6]. Group 5: Handling of Repurchased Shares - All repurchased shares will be stored in a dedicated account, with a maximum of 50% allocated for employee stock ownership plans or equity incentives, and the remaining for maintaining company value [7]. - If the repurchased shares are not utilized within 36 months, they will be canceled according to relevant laws and regulations [7].

Group 1 - The core point of the article is that Zhongyan Chemical announced the completion of its share repurchase plan, having repurchased a total of 9,036,570 shares, which represents 0.616% of the company's total share capital [2] Group 2 - The share repurchase plan was implemented as of December 22, 2025, indicating a strategic move by the company to enhance shareholder value [2]

Group 1 - The company, Zhongyan Chemical, announced the completion of its share repurchase plan, having repurchased approximately 9.04 million shares, which accounts for 0.616% of its total share capital, with a total expenditure of about 67.04 million yuan [1] - The highest repurchase price was 7.98 yuan per share, the lowest was 6.71 yuan per share, and the average repurchase price was 7.42 yuan per share [1] - For the year 2024, the company's revenue composition is 96.83% from industrial operations and 3.17% from other businesses [1] Group 2 - As of the latest report, Zhongyan Chemical has a market capitalization of 11.7 billion yuan [2]

格隆汇12月23日丨中盐化工(600328.SH)公布，截至2025年12月22日，公司本次股份回购计划实施完 毕，已实际回购公司股份903.66万股，占公司总股本的比例为0.616%，回购的最高价格为7.98元/股，最 低价格为6.71元/股，回购均价为7.42元/股，使用资金总额为6704.11万元（不含交易费用）。 ...