Core Viewpoint - The report highlights the growth trends in China's synthetic fiber industry, indicating a production increase and providing insights into market dynamics from 2026 to 2032 [1] Industry Overview - In November 2025, China's synthetic fiber production reached 6.88 million tons, reflecting a year-on-year growth of 5.7% [1] - From January to November 2025, the cumulative production of synthetic fibers in China was 72.404 million tons, with a cumulative growth rate of 4.9% [1] Companies Mentioned - The report lists several key companies in the synthetic fiber sector, including Hengyi Petrochemical, Rongsheng Petrochemical, Xin Fengming, Tongkun Co., Hengli Petrochemical, Jilin Chemical Fiber, Huafeng Chemical, Aoyang Health, Taihe New Materials, and Jiangnan High Fiber [1] Research and Consulting - The insights are derived from a report by Zhiyan Consulting, a leading industry consulting firm in China, which specializes in providing in-depth industry research reports, business plans, feasibility studies, and customized services [1]

Group 1 - The global refining macro conditions are gradually improving, indicating a potential turning point for the petrochemical industry [1] - The profitability of PTA and long filament is expected to grow due to the anti-involution policy and the anticipated increase in demand in 2025 and 2026 [1][2] - The refining profit margins are projected to rebound in 2025, with significant profit increases for companies like Rongsheng Petrochemical, Dongfang Shenghong, and Sinopec in 2026 [1] Group 2 - The operating rates for PX, PTA, and long filament in 2025 are forecasted to be 84%, 76%, and 89% respectively, with year-on-year changes of +1.4%, -3.1%, and +2.7 percentage points [2] - The price spread for PX is expected to rise from $203/ton in Q1 2025 to $267/ton in Q4 2025, while PTA processing fees are projected to increase from 73 RMB/ton to 362 RMB/ton during the same period [2] - The industry concentration for PTA and long filament is high, with CR8 concentrations of 62.43% and 68.58% respectively, indicating a strong market position for leading companies [3]

Group 1 - The chemical fiber sector experienced a slight increase of 0.11% on January 7, with Jilin Carbon Valley leading the gains [1] - The Shanghai Composite Index closed at 4085.77, up 0.05%, while the Shenzhen Component Index closed at 14030.56, up 0.06% [1] - Notable gainers in the chemical fiber sector included Jilin Qigu, which rose by 5.63% to a closing price of 18.02, and Taihe New Materials, which increased by 4.46% to 11.71 [1] Group 2 - The chemical fiber sector saw a net outflow of 214 million yuan from main funds, while retail funds had a net inflow of 25.27 million yuan [2] - The trading volume for Jilin Qigu was 281,000 shares, with a transaction value of 497 million yuan, indicating strong investor interest [1][2] - The overall market sentiment reflected mixed performances, with some stocks like Sanfangxiang and Haiyang Technology experiencing declines of 6.20% and 4.10%, respectively [2] Group 3 - Main fund inflows were observed in stocks like Xinxiang Chemical Fiber, which had a net inflow of 36.42 million yuan, and Nanjing Chemical Fiber with 16.69 million yuan [3] - Retail investors showed a negative sentiment towards several stocks, with significant outflows from Xinxiang Chemical Fiber and Nanjing Chemical Fiber, indicating potential concerns among smaller investors [3] - The overall trading dynamics suggest a cautious approach among investors, with main funds favoring certain stocks while retail investors exhibited mixed reactions [3]

Core Viewpoint - New Feng Ming's stock price has shown a positive trend in recent trading days, with significant increases over various time frames, indicating potential investor confidence in the company. Group 1: Stock Performance - On January 7, New Feng Ming's stock price decreased by 2.04%, closing at 20.15 CNY per share, with a trading volume of 1.78 billion CNY and a turnover rate of 0.57%, resulting in a total market capitalization of 30.72 billion CNY [1] - Year-to-date, the stock price has increased by 3.55%, with a 9.21% rise over the last five trading days, an 18.60% increase over the last 20 days, and a 24.69% increase over the last 60 days [1] Group 2: Financial Performance - For the period from January to September 2025, New Feng Ming reported a revenue of 51.542 billion CNY, representing a year-on-year growth of 4.77%, and a net profit attributable to shareholders of 0.869 billion CNY, reflecting a year-on-year increase of 16.53% [2] Group 3: Shareholder Information - As of December 19, the number of shareholders for New Feng Ming was 18,100, a decrease of 8.20% from the previous period, with an average of 83,564 circulating shares per shareholder, which is an increase of 8.93% [2] - Since its A-share listing, New Feng Ming has distributed a total of 1.733 billion CNY in dividends, with 720 million CNY distributed over the last three years [3] - As of September 30, 2025, Hong Kong Central Clearing Limited was the ninth largest circulating shareholder, holding 16.7314 million shares as a new shareholder [3]

1月6日，新凤鸣涨6.25%，成交额4.24亿元。两融数据显示，当日新凤鸣获融资买入额3165.32万元，融 资偿还2062.21万元，融资净买入1103.11万元。截至1月6日，新凤鸣融资融券余额合计1.58亿元。 机构持仓方面，截止2025年9月30日，新凤鸣十大流通股东中，香港中央结算有限公司位居第九大流通 股东，持股1673.14万股，为新进股东。 责任编辑：小浪快报 截至12月19日，新凤鸣股东户数1.81万，较上期减少8.20%；人均流通股83564股，较上期增加8.93%。 2025年1月-9月，新凤鸣实现营业收入515.42亿元，同比增长4.77%；归母净利润8.69亿元，同比增长 16.53%。 分红方面，新凤鸣A股上市后累计派现17.33亿元。近三年，累计派现7.20亿元。 融资方面，新凤鸣当日融资买入3165.32万元。当前融资余额1.52亿元，占流通市值的0.49%，融资余额 低于近一年40%分位水平，处于较低位。 融券方面，新凤鸣1月6日融券偿还6.64万股，融券卖出2600.00股，按当日收盘价计算，卖出金额5.35万 元；融券余量28.13万股，融券余额578.55万元，超过近一 ...

Group 1 - The chemical fiber sector increased by 2.88% on January 6, with Sanfangxiang leading the gains [1] - The Shanghai Composite Index closed at 4083.67, up 1.5%, while the Shenzhen Component Index closed at 14022.55, up 1.4% [1] - Notable stock performances include Sanfangxiang with a closing price of 2.74, up 10.04%, and Xinxing Chemical Fiber at 5.98, up 9.93% [1] Group 2 - The main capital flow in the chemical fiber sector showed a net outflow of 39.83 million yuan from institutional investors, while retail investors experienced a net outflow of 53.86 million yuan [2] - Retail funds saw a net inflow of 93.69 million yuan, indicating active trading by retail investors [2] - The individual stock capital flows reveal that Sanfangxiang had a net inflow of 48.63 million yuan from institutional investors, while it faced a net outflow of 27.08 million yuan from retail investors [3]

| 股票代码：603225 | 股票简称：新凤鸣 | | | 公告编号：2026-001 | | --- | --- | --- | --- | --- | | 转债代码：113623 | 转债简称：凤 | 21 | 转债 | | 新凤鸣集团股份有限公司 可转债转股结果暨股份变动公告 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。 重要内容提示： 累计转股情况：截至 2025 年 12 月 31 日，累计共有 101,000.00 元"凤 21 转债"已转换成公司股票，累计转股数为 6,203 股，占可转债转股前公司已发行 股份总额的 0.0004%。 未转股可转债情况：截至 2025 年 12 月 31 日，尚未转股的可转债金额为 2,499,899,000.00 元，占可转债发行总量的 99.9960%。 2025 年度第四季度转股情况：本季度可转债转股的金额为 15,000 元，因 转股形成的股份数量为 949 股。 一、可转债发行上市概况 （一）可转债发行情况 经中国证券监督管理委员会《关于核准新凤鸣集团股份有限 ...

新凤鸣集团股份有限公司 2026 年第一次临时股东会 新凤鸣 2026 年第一次临时股东会会议资料 目录 会议资料 2026 年 1 月 | 新凤鸣集团股份有限公司 2026 | 年第一次临时股东会通知 3 | | --- | --- | | 新凤鸣集团股份有限公司 2026 | 年第一次临时股东会会议须知 4 | | 新凤鸣集团股份有限公司 2026 | 年第一次临时股东会会议议程 6 | | 议案一、关于修订《公司章程》的议案 | 7 | 2 新凤鸣 2026 年第一次临时股东会会议资料 新凤鸣集团股份有限公司 2026 年第一次临时股东会通知 各位股东及股东代表： 新凤鸣集团股份有限公司（以下简称"公司"）2026 年第一次临时股东会拟 于 2026 年 1 月 14 日下午 14：00 时在公司总部二十四楼会议室召开。 本次股东会审议和表决议题如下： 1、审议《关于修订<公司章程>的议案》 以上议案已经于 2025 年 12 月 29 日召开的公司第六届董事会第四十四次会议 审议通过，并于 2025 年 12 月 30 日在上海证券交易所网站（www.sse.com.cn）及 《上海证券报》《证券时报 ...

Core Viewpoint - The stock price of Xin Feng Ming has experienced a decline of 2.00% this year, with fluctuations in trading performance over various periods, indicating a mixed market sentiment towards the company [1][2]. Group 1: Stock Performance - As of January 5, Xin Feng Ming's stock price is reported at 19.07 CNY per share, with a trading volume of 73.82 million CNY and a turnover rate of 0.25%, resulting in a total market capitalization of 29.073 billion CNY [1]. - Year-to-date, the stock has decreased by 2.00%, with a 5-day decline of 1.14%, a 20-day increase of 11.85%, and a 60-day increase of 18.82% [2]. Group 2: Company Overview - Xin Feng Ming Group Co., Ltd. was established on February 22, 2000, and went public on April 18, 2017. The company is located in Tongxiang City, Zhejiang Province, and specializes in the research, production, and sales of polyester filament, short fibers, and PTA, which is a key raw material [2]. - The revenue composition of Xin Feng Ming includes POY at 42.73%, PTA at 13.29%, FDY at 13.27%, short fibers at 11.16%, DTY at 10.16%, and other segments accounting for 4.72% [2]. Group 3: Financial Performance - For the period from January to September 2025, Xin Feng Ming achieved a revenue of 51.542 billion CNY, reflecting a year-on-year growth of 4.77%. The net profit attributable to shareholders reached 0.869 billion CNY, marking a 16.53% increase [2]. - Since its A-share listing, Xin Feng Ming has distributed a total of 1.733 billion CNY in dividends, with 0.720 billion CNY distributed over the past three years [3]. Group 4: Shareholder Information - As of December 19, 2025, the number of shareholders for Xin Feng Ming is reported at 18,100, a decrease of 8.20% from the previous period, with an average of 83,564 circulating shares per shareholder, which is an increase of 8.93% [2]. - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited is the ninth largest, holding 16.7314 million shares as a new shareholder [3].

Group 1 - The chemical fiber sector experienced a decline of 1.41% on December 31, with C Shuangxin leading the drop [1] - The Shanghai Composite Index closed at 3968.84, up 0.09%, while the Shenzhen Component Index closed at 13525.02, down 0.58% [1] - Key stocks in the chemical fiber sector showed varied performance, with Huillong New Materials rising by 4.60% and C Shuangxin falling by 16.11% [1][2] Group 2 - The main funds in the chemical fiber sector saw a net outflow of 244 million yuan, while retail investors had a net inflow of 177 million yuan [2] - The trading volume for C Shuangxin was 1.0414 million shares, with a total transaction value of 1.82 billion yuan [2] - The fund flow analysis indicates that Suzhou Longjie had a net inflow of 27.84 million yuan from main funds, while Jilin Chemical Fiber experienced a net outflow of 38.83 million yuan from retail investors [3]