Earnings Forecasts - Shengyi Electronics expects a net profit of 1.431 billion to 1.513 billion yuan in 2025, an increase of 331.03% to 355.88% year-on-year [1] - Tigermed anticipates a net profit of 830 million to 1.23 billion yuan in 2025, representing a growth of 105% to 204% year-on-year [2] - Shunbo Alloy forecasts a net profit of 210 million to 270 million yuan in 2025, with an increase of 222.96% to 315.23% year-on-year [3] - Jinkong Electric expects a net profit of 155 million to 195 million yuan in 2025, reflecting a growth of 383.21% to 507.9% year-on-year [9] - Baiao Saitu anticipates a net profit of 162 million to 182 million yuan in 2025, with a year-on-year increase of 384.26% to 443.88% [18] - Panjiang Co. expects a net profit of 318 million to 380 million yuan in 2025, representing a growth of 205.30% to 264.83% year-on-year [38] Loss Forecasts - Liaoning Energy predicts a net loss of 273 million to 410 million yuan in 2025, compared to a profit of 202 million yuan in the previous year [5] - Anbotong anticipates a net loss of 114 million to 165 million yuan in 2025, with a revenue decrease of 19.65% to 27.25% [7] - Wantai Bio forecasts a net loss of 330 million to 410 million yuan in 2025, compared to a profit of 106 million yuan in the previous year [12] - Xingyun Co. expects a net loss of 155 million to 230 million yuan in 2025, compared to a loss of 82.44 million yuan in the previous year [20] - Huaxing Co. anticipates a net loss of 800 million to 1.2 billion yuan in 2025, with a reduction in loss compared to 1.67 billion yuan in the previous year [46] New Product Approvals - Hengrui Medicine received acceptance for a new indication application for its innovative drug, combining Carrelizumab and Apatinib for treating unresectable liver cancer [4] - Tianen Kang's subsidiary received a drug registration acceptance notice for Lidocaine and Prilocaine aerosol [31] - Lisheng Pharmaceutical announced that its Aminophylline tablets passed the consistency evaluation for generic drugs [40] Share Buyback Plans - Hengyuan Coal Power plans to repurchase shares with a total amount not less than 200 million yuan and not exceeding 250 million yuan [13] Contract Wins - China Communication Signal Co. won contracts totaling approximately 5.26 billion yuan for 21 important projects in the railway and urban rail transit markets [37]

（记者 王瀚黎） 每经头条（nbdtoutiao）——水贝黄金平台"杰我睿"兑付危机调查：40倍杠杆对赌，金价越涨平台越 亏！老板自称"还在深圳"，投资者：兑付方案本金打两折，无法接受 每经AI快讯，桐昆股份1月29日晚间发布业绩预告，预计2025年度实现归属于上市公司股东的净利润 19.5亿元至21.5亿元，与上年同期相比增加约7.48亿元至约9.48亿元，增幅62.24%~78.88%。预计公司 2025年度归属于上市公司股东扣除对联营企业和合营企业的投资收益部分的净利润9.1亿元至11.1亿元， 与上年同期相比增加约4.19亿元至约6.19亿元，增幅为85.34%~126.08%。业绩变动主要原因是，主营业 务影响。2025年国内政策精准发力，直接推动涤纶长丝行业产能投放收缩，行业供需格局优化带动单吨 盈利水平显著抬升。尽管上游PTA环节亏损规模较上年进一步扩大，对产业链利润形成一定侵蚀，但在 此背景下，公司主业依然凭借长丝业务的盈利增长实现了经营利润的显著改善；另一方面公司参股的浙 石化依托全球特大型炼化一体化装置，持续优化装置性能，不断挖潜增效，化工产品线不断延伸，品种 日益丰富，部分化工产品毛利有 ...

股票代码：601233 股票简称：桐昆股份 公告编号：2026-007 桐昆集团股份有限公司 2025年年度业绩预增公告 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。 重要内容提示 1、本业绩预告适用于实现盈利，且净利润与上年同期相比上升 50%以上情形。 2、经桐昆集团股份有限公司（以下简称"公司"）财务部门初 步 测 算 ， 预 计 2025 年 度 实 现 归 属 于 上 市 公 司 股 东 的 净 利 润 195,000.00万元至215,000.00万元，与上年同期相比增加74,809.64 万元至 94,809.64 万元，增幅 62.24%至 78.88%。 3、预计公司 2025 年度归属于上市公司股东的扣除非经常性损益 的净利润 150,000.00 万元至 170,000.00 万元，与上年同期相比增加 56,573.99 万元至 76,573.99 万元，增幅 60.55%至 81.96%。 1 （二）业绩预告情况 1、经公司财务部门初步测算，预计 2025 年度实现归属于上市公 司股东的净利润 195 ...

每经AI快讯，1月29日，桐昆股份（601233）(601233.SH)公告称，桐昆股份预计2025年度归属于上市公 司股东的净利润为19.50亿元至21.50亿元，与上年同期相比增长62.24%至78.88%。主要因涤纶长丝行业 供需格局优化带动单吨盈利提升，叠加参股浙石化持续挖潜增效、部分化工产品毛利改善；同时政府补 助等非经常性损益金额较大。 ...

南财智讯1月29日电，桐昆股份公告，预计2025年全年归属于上市公司股东的净利润为19.50亿元—21.50 亿元，同比预增62.24%—78.88%；预计2025年全年归属于上市公司股东的扣除非经常性损益的净利润 为15.00亿元—17.00亿元，同比预增60.55%—81.96%；主要变动原因为：2025年国内政策精准发力，直 接推动涤纶长丝行业产能投放收缩，行业供需格局优化带动单吨盈利水平显著抬升。尽管上游PTA环节 亏损规模较上年进一步扩大，对产业链利润形成一定侵蚀，但在此背景下，公司主业依然凭借长丝业务 的盈利增长实现了经营利润的显著改善；另一方面公司参股的浙石化依托全球特大型炼化一体化装置， 持续优化装置性能，不断挖潜增效，化工产品线不断延伸，品种日益丰富，部分化工产品毛利有改善； 报告期内，公司收到的政府补助、非流动资产处置损益等非经常性损益，因金额较大，对公司的净利润 构成较大影响。 ...

1月28日，化工板块攻势不减。反映化工板块整体走势的化工ETF（516020）开盘短暂震荡后迅速拉 升，而后持续高位震荡，盘中场内价格最高涨幅达到3.2%，截至收盘，涨2.48%，收盘价续创2022年7 月以来新高。值得注意的是，化工ETF（516020）午后频现溢价交易，收盘溢价率更是高达0.42%，反 映买盘资金较为强势。 成份股方面，纯碱、氨纶、氮肥等板块部分个股涨幅居前。截至收盘，和邦生物、浙江龙盛双双涨停， 卫星化学、华峰化学飙涨超8%，鲁西化工、桐昆股份、宝丰能源等亦涨幅居前。 消息面上，近日，工业和信息化部、国家发改委等五部门联合印发《关于开展零碳工厂建设工作的指导 意见》。自2026年起，遴选一批零碳工厂，做好标杆引领；到2027年，在汽车、锂电池、光伏、电子电 器、轻工、机械、算力设施等行业领域，培育建设一批零碳工厂；到2030年，逐步扩展至钢铁、有色金 属、石化化工、建材、纺织等行业领域，探索传统高载能产业脱碳新路径。 方正证券指出，对化企而言，一方面未来部分高能耗或高碳排放子行业的供给侧增量存量均有政策约 束，另一方面，随着碳排放权交易市场的扩围，碳配额制度有望重塑部分行业成本曲线，加速 ...

Core Viewpoint - The A-share market shows mixed performance with the Shanghai Composite Index rising by 0.27% while the ChiNext Index fell by 0.57%, driven by a "price increase" theme, particularly in resource sectors [1] Group 1: Market Performance - The overall market saw over 3,600 stocks decline, with a total trading volume of 2.97 trillion yuan [1] - The resource sector, particularly non-ferrous metals, led the market, with significant inflows of over 34.3 billion yuan into the sector [3] Group 2: ETF Performance - The Huabao Non-ferrous ETF (159876) reached a new high, with an intraday price increase of 7.35% and a closing increase of 6.95%, attracting a net subscription of 1.4 million units [3][5] - The Chemical ETF (516020) also performed well, with a closing increase of 2.48%, marking a new high since July 2022 [7] - The Hong Kong Information Technology ETF (159131) rose by 1.75%, reflecting strong performance in the semiconductor sector [10] Group 3: Commodity Prices and Economic Factors - International gold prices have reached historical highs, driven by geopolitical tensions and concerns over the independence of the Federal Reserve, leading to increased demand for safe-haven assets [2][5] - The aluminum price has surged to a nearly four-year high, with spot gold reaching a new record of $5,283 per ounce [5] - The Federal Reserve's upcoming monetary policy decisions are expected to influence market dynamics, with a dovish stance likely to support the non-ferrous metals market [5] Group 4: Sector Analysis - The chemical industry is experiencing a price surge, with a notable increase in prices for products like soda ash and nitrogen fertilizers, indicating a potential turning point for the sector [7][9] - The semiconductor sector is witnessing a price increase, with major companies like Samsung and SK Hynix raising prices significantly for memory products [10][13]

Group 1 - The chemical sector is experiencing a strong upward trend, with the chemical ETF (516020) rising over 2.48% and reaching a peak increase of over 3% during trading [1][7] - Key stocks in the sector include Hebang Biotechnology and Zhejiang Longsheng, both hitting the daily limit, while Satellite Chemical surged over 9% [1][7] - The overall market sentiment indicates that the current chemical sector boom may have more sustainability compared to previous cycles, with expectations for a prolonged upward trend [8][10] Group 2 - Guojin Securities suggests that the chemical sector may undergo a revaluation driven by supply-side policies and the current mismatch between China's chemical industry status and operational conditions, indicating a high probability of recovery [9] - The market may be underestimating the impact of liquidity on the sector, which is characterized by being at the bottom of the cycle, with an upward trend in fundamentals and attractive valuations [9] - Guohai Securities highlights that leading companies in the global chemical sector have established solid cost and efficiency advantages, entering a long-term upward performance phase [10] Group 3 - There are four key opportunities in the chemical sector: low-cost expansion, improving market conditions, new materials, and high dividends [10] - The chemical ETF (516020) tracks the CSI sub-sector chemical industry index, covering popular themes such as AI computing power, anti-involution, robotics, and new energy [10] - Investors can also consider the chemical ETF linked funds (Class A 012537/Class C 012538) for more efficient exposure to the chemical sector [10]

Group 1 - The chemical sector has regained momentum, with the chemical ETF (516020) experiencing a rise of 1.96% after a brief fluctuation at the opening [1][2] - Key stocks in the sector include Zhejiang Longsheng, which hit the daily limit, and other notable gainers such as Hebang Biotechnology, Satellite Chemical, Baofeng Energy, and Hengyi Petrochemical, all showing significant increases [1][2] - The chemical ETF (516020) has attracted substantial investment, with net subscriptions of 1.422 billion yuan over the past five days and 2.14 billion yuan over the past ten days [1][2] Group 2 - Recent advancements in the basic chemical industry include breakthroughs in green refrigeration technology and key technologies for the industrialization of high-performance liquid crystal polyarylate fibers [3] - Looking ahead, the chemical industry is expected to experience low prosperity in 2025, with potential recovery in profitability driven by measures against "involution" and rapid growth in new materials due to downstream demand [3] - Investment opportunities in the large chemical sector are viewed positively, particularly in leading companies and sub-industries facing supply changes or significant pressure [3]

化工板块盘中持续走高，染料、聚氨酯方向领涨，和邦生物封涨停，此前锦鸡股份、沧州大化、百川股 份、中农联合等涨停，卫星化学、氯碱化工、华峰化学、恒逸石化、桐昆股份跟涨。 ...