Core Viewpoint - The company, Hangjin Technology, is actively engaging in the hydrogen energy sector, specifically focusing on the storage and supply of high-purity hydrogen gas in the Northeast region of China [1] Group 1: Company Operations - Hangjin Technology operates a high-purity hydrogen gas filling station with a capacity of 3000 Nm3/h, targeting the hydrogen demand market in Northeast China [1] - The company sells all of its hydrogen gas output to external customers, indicating a strong market presence and demand for hydrogen in the region [1]

Market Overview - The chemical raw materials sector experienced a decline of 1.62% on October 13, with Satellite Chemical leading the drop [1] - The Shanghai Composite Index closed at 3889.5, down 0.19%, while the Shenzhen Component Index closed at 13231.47, down 0.93% [1] Stock Performance - Notable gainers in the chemical raw materials sector included: - *ST Asia Pacific: Closed at 12.55, up 5.02% with a trading volume of 285,800 shares and a turnover of 339 million yuan - Huarong Chemical: Closed at 11.71, up 4.27% with a trading volume of 217,400 shares and a turnover of 251 million yuan - Xutian Salt Industry: Closed at 6.13, up 4.07% with a trading volume of 389,000 shares and a turnover of 233 million yuan [1] - Conversely, significant decliners included: - Satellite Chemical: Closed at 18.84, down 4.61% with a trading volume of 672,900 shares and a turnover of 1.257 billion yuan - Luxi Chemical: Closed at 14.10, down 4.02% with a trading volume of 313,800 shares and a turnover of 441 million yuan - Baofeng Energy: Closed at 17.60, down 3.40% with a trading volume of 675,500 shares and a turnover of 1.191 billion yuan [2] Capital Flow - The chemical raw materials sector saw a net outflow of 467 million yuan from institutional investors, while retail investors experienced a net inflow of 486 million yuan [2] - Detailed capital flow for selected stocks showed: - Zhongke Titanium White: Net inflow of 64.89 million yuan from institutional investors, with a net outflow of 90.82 million yuan from retail investors [3] - Proposal Co.: Net inflow of 38.51 million yuan from institutional investors, with a net outflow of 10.74 million yuan from retail investors [3]

Core Viewpoint - The chemical sector experienced a pullback on October 10, with the chemical ETF (516020) showing a decline of 1.01% as of the report time, reflecting a broader downturn in the industry [1][2]. Group 1: Market Performance - The chemical ETF (516020) opened lower and continued to fluctuate at low levels, ultimately dropping by 1.01% [1][2]. - Key stocks in the lithium battery supply chain saw significant declines, with Tianqi Lithium falling over 8%, and other companies like Duofu and Enjie also experiencing notable drops [1][2]. - The basic chemical sector attracted substantial capital inflow, with a net inflow of 23.4 billion yuan over the past five trading days, ranking second among 30 sectors [3]. Group 2: Valuation and Investment Outlook - As of October 9, the chemical ETF (516020) had a price-to-book ratio of 2.41, which is relatively low compared to the historical average, indicating potential value for long-term investment [4]. - The construction of new projects in the basic chemical sector has shown a negative growth trend for three consecutive quarters, suggesting a supply-side slowdown and a more favorable market outlook [5]. - Analysts suggest that core assets in the chemical sector are entering a long-term value zone, with expectations for a recovery in both valuation and profitability [5]. Group 3: Investment Strategy - The chemical ETF (516020) tracks the CSI segmented chemical industry index, covering various sub-sectors and concentrating nearly 50% of its holdings in large-cap stocks, which may provide a more efficient way to invest in the sector [6]. - Investors can also consider using the chemical ETF linked funds (Class A 012537/Class C 012538) for exposure to the chemical sector [6].

Market Overview - On September 30, the chemical raw materials sector rose by 1.16%, with *ST Asia leading the gains [1] - The Shanghai Composite Index closed at 3882.78, up 0.52%, while the Shenzhen Component Index closed at 13526.51, up 0.35% [1] Stock Performance - The top-performing stocks in the chemical raw materials sector included: - *ST Asia: Closed at 12.41, up 4.99% with a trading volume of 218,600 shares and a turnover of 269 million [1] - Zhongke Titanium White: Closed at 5.79, up 4.70% with a trading volume of 1,742,700 shares [1] - New Jinlu: Closed at 5.64, up 3.87% with a trading volume of 587,700 shares and a turnover of 330 million [1] - Baofeng Energy: Closed at 17.80, up 3.19% with a trading volume of 530,400 shares and a turnover of 935 million [1] Capital Flow - The chemical raw materials sector experienced a net outflow of 78.97 million from institutional investors, while retail investors saw a net inflow of 132 million [2] - The capital flow for specific stocks showed: - Zhongke Titanium White had a net inflow of 64.77 million from institutional investors [3] - Huayuan Titanium Industry experienced a net outflow of 14.35% from retail investors [3]

Group 1 - The chemical sector continues to show strong performance, with the chemical ETF (516020) experiencing a price increase of 0.66% as of the latest update, reflecting a peak intraday gain of 1.32% [1][2] - Key stocks in the sector, including fluorine chemicals, soda ash, lithium batteries, and synthetic resins, have seen significant gains, with companies like Duofu Duo and Hebang Biological rising over 7% [1][3] - The Ministry of Industry and Information Technology has proposed measures to expand market consumption, including optimizing tax incentives for the automotive industry and promoting electric vehicles in public sectors [1][4] Group 2 - According to CITIC Construction Investment, investment in China's lithium battery industry chain has rapidly increased, with solid-state batteries emerging as a hot investment area, indicating a significant acceleration in the industrialization process [3] - The chemical ETF (516020) is currently at a low valuation point, with a price-to-book ratio of 2.31, suggesting a favorable long-term investment opportunity [3] - Donghai Securities highlights that China's chemical industry has a competitive advantage due to cost efficiency and technological advancements, positioning it to fill gaps in the international supply chain [4] Group 3 - The chemical ETF (516020) tracks the CSI segmented chemical industry index, with nearly 50% of its holdings in large-cap leading stocks, providing investors with a diversified exposure to the chemical sector [5] - The ETF allows investors to efficiently capitalize on the rebound opportunities in the chemical sector, with a balanced approach to various sub-sectors [5]

Company Overview - Hangjin Technology Co., Ltd. is located in Wuhan, Hubei Province, and was established on September 16, 1997, with its listing date on October 17, 1997. The company specializes in the production and sales of semiconductor electronics and basic chemical raw materials [2] - The main business revenue composition includes: Electronic - Intelligent Computing Power 34.41%, Chemical - Liquid Alkali 26.25%, Chemical - Others 10.89%, Chemical - Epoxy Propylene 10.63%, Chemical - Polyether 9.53%, Electronic - Electronic Components 6.91%, Electronic - Others 1.38% [2] - The company belongs to the Shenwan industry classification of Basic Chemicals - Chemical Raw Materials - Chlor-alkali and is involved in several concept sectors including All-in-One Machine Concept, Beidou Navigation, Satellite Navigation, Satellite Internet, and Aerospace Military [2] Financial Performance - As of June 30, 2025, Hangjin Technology achieved operating revenue of 2.216 billion yuan, representing a year-on-year growth of 5.84%. However, the net profit attributable to the parent company was 13.7244 million yuan, a decrease of 58.38% year-on-year [2] - The company has distributed a total of 641 million yuan in dividends since its A-share listing, with cumulative distributions of 74.4781 million yuan over the past three years [3] Stock Performance - On September 16, the stock price of Hangjin Technology fell by 2.01%, trading at 23.45 yuan per share with a transaction volume of 311 million yuan and a turnover rate of 2.00%, resulting in a total market capitalization of 15.477 billion yuan [1] - Year-to-date, the stock price has increased by 22.77%, with a slight increase of 0.13% over the last five trading days, no change over the last 20 days, and a 5.87% increase over the last 60 days [1] - The company has appeared on the trading leaderboard 12 times this year, with the most recent appearance on February 25, where it recorded a net buy of -54.0628 million yuan [1] Shareholder Structure - As of June 30, 2025, the number of shareholders for Hangjin Technology was 118,000, a decrease of 14.81% from the previous period, while the average circulating shares per person increased by 14.06% to 5,575 shares [2] - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited is the third-largest shareholder with 13.9422 million shares, an increase of 5.2898 million shares from the previous period. Other notable shareholders include Guotai CSI Military ETF and GF CSI Military ETF, which have also increased their holdings [3]

证券日报网讯 9月15日晚间，航锦科技发布公告称，公司于2025年9月15日在公司会议室召开职工代表 大会。经与会职工代表认真审议，一致同意选举贾嘉先生为公司第十届董事会职工代表董事。 （文章来源：证券日报） ...

（文章来源：证券日报） 证券日报网讯 9月15日晚间，航锦科技发布公告称，公司聘任王东川为董事会秘书。 ...

航锦科技股份有限公司 公告 证券代码：000818 证券简称：航锦科技 公告编号：2025-057 航锦科技股份有限公司 关于选举职工董事的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导 性陈述或重大遗漏。 职工代表董事简历 特此公告。 航锦科技股份有限公司董事会 二〇二五年九月十六日 航锦科技股份有限公司 公告 附件： 航锦科技股份有限公司（以下简称"公司"）第九届董事会任期已经届满， 根据《公司法》、《公司章程》等有关规定，公司于2025年9月15日在公司会议室 召开职工代表大会。经与会职工代表认真审议，一致同意选举贾嘉先生为公司第 十届董事会职工代表董事。贾嘉先生将与公司2025年第三次临时股东会选举产生 的5名非独立董事、3名独立董事共同组成公司第十届董事会，任期至第十届董事 会届满。贾嘉先生简历详见附件。 贾嘉先生的任职资格符合《公司法》和《公司章程》等相关法律、法规及规 范性文件的规定。本次选举职工代表董事工作完成后，公司第十届董事会中兼任 公司高级管理人员以及由职工代表担任的董事人数总计未超过公司董事总数的 二分之一。 贾嘉先生，汉族，中国国籍，无境外居留权， ...

航锦科技股份有限公司 公告 证券代码：000818 证券简称：航锦科技 公告编号：2025-059 航锦科技股份有限公司 关于董事会完成换届选举并聘任高级管理人员的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导 性陈述或重大遗漏。 公司第十届董事会董事任期自公司 2025 年第三次临时股东会审议通过之日 起三年。董事会中兼任公司高级管理人员以及由职工代表担任的董事人数总计未 超过公司董事总数的二分之一。独立董事的人数比例符合相关法规的要求。上述 人员简历详见公司于 2025 年 8 月 30 日披露的《关于董事会换届选举的公告》（公 告编号：2025-053）和 9 月 16 日披露的《关于选举职工董事的公告》（公告编号： 2025-057）。 航锦科技股份有限公司 公告 二、公司第十届董事会各专门委员会组成人员情况 公司第十届董事会下设四个专门委员会，分别为战略发展与科技创新委员会、 审计委员会、提名委员会、薪酬与考核委员会。各专门委员会组成情况如下： 航锦科技股份有限公司（以下简称"公司"）于 2025 年 9 月 15 日召开 2025 年第三次临时股东会，审议通过了 ...