Investment Rating - The report maintains an "Outperform" rating for the company [1] Core Views - The company's performance meets expectations, with profitability remaining stable due to a combination of high market demand and declining costs [1][7] - The company is expected to achieve a net profit of 1.967 billion to 2.359 billion yuan in 2024, reflecting a year-on-year growth of 140.2% [7] - The report highlights ongoing project developments and a positive outlook for long-term growth, supported by new product launches and market demand [7] Financial Data and Profit Forecast - Total revenue is projected to increase from 25.358 billion yuan in 2023 to 31.512 billion yuan in 2025, with a compound annual growth rate (CAGR) of approximately 11.2% [5][8] - The net profit is forecasted to rise from 819 million yuan in 2023 to 2.359 billion yuan in 2025, indicating a significant recovery and growth trajectory [5][8] - The report anticipates a gross margin improvement from 13.4% in 2023 to 16.6% in 2025, reflecting better cost management and pricing power [5][8]

鲁西化工集团股份有限公司 关于公司董事辞职的公告 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。 鲁西化工集团股份有限公司（以下简称"公司"）董事会 近日收到公司董事庞小琳先生的书面辞职报告，庞小琳先生因 工作调整原因，申请辞去公司董事职务、战略与投资委员会委 员职务，辞职后，庞小琳先生不在公司担任任何职务。 证券代码：000830 证券简称：鲁西化工 公告编号：2025-002 截止本公告披露日，庞小琳先生未持有公司股份，不存在 应履行而未履行的承诺事项。庞小琳先生在担任公司董事期间 恪尽职守、勤勉尽职，公司董事会对其在履职期间为公司作出 的贡献表示衷心的感谢！ 特此公告。 鲁西化工集团股份有限公司 董事会 二〇二五年一月二十四日 根据《公司法》《深圳证券交易所上市公司自律监管指引 第1号——主板上市公司规范运作》《公司章程》的相关规定， 庞小琳先生的辞职不会导致公司董事会成员低于法定最低人 数，其辞职不会影响公司及董事会的正常运作，书面辞职报告 自送达董事会之日起生效。公司将按照相关规定尽快完成董事 补选的工作。 ...

Group 1 - The core point of the article is that Lu Xi Chemical (000830) announced a profit forecast for 2024, expecting a net profit of 1.90 billion to 2.15 billion yuan, representing a year-on-year growth of 132.07% to 162.61% [1] - Lu Xi Chemical's stock closed at 11.36 yuan, with an increase of 0.62%, and a trading volume of 1.18 billion yuan, while it has decreased by 1.22% over the past five days [1] - A statistical analysis shows that 66.29% of stocks with a profit forecast increase of over 50% experienced a price increase on the day of the announcement, with 25 stocks hitting the daily limit [1] - Over a five-day period following the announcement, 73.79% of stocks saw an increase in price [1]

Financial Projections - The estimated net profit attributable to shareholders for 2024 is projected to be between 1.9 billion and 2.15 billion CNY, representing a year-on-year increase of 132.07% to 162.61% compared to 818.71 million CNY in the previous year[2]. - The estimated net profit after deducting non-recurring gains and losses is expected to be between 1.85 billion and 2.1 billion CNY, reflecting a growth of 113.98% to 142.90% from 864.55 million CNY in the prior year[2]. - The basic earnings per share is forecasted to be between 0.998 CNY and 1.129 CNY, compared to 0.428 CNY in the same period last year[2]. Operational Focus - The company emphasizes a focus on safety and environmental protection, optimizing production capabilities, and maintaining stable operations to seize market opportunities, contributing to the expected increase in performance[4]. Reporting and Auditing - The performance forecast is preliminary and has not yet been audited by registered accountants, with detailed disclosures to follow in the 2024 annual report[5].

证券代码：000830 证券简称：鲁西化工 公告编号：2024-076 鲁西化工集团股份有限公司 关于控股股东股权结构拟发生变更的公告 本公司董事会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。 一、本次股权变更情况 本公司决定，自本通知出具之日起，按照相关规定办理 中化股份股权以及中化投资股权划转手续。划转完成后，中 化股份、中化投资将分别成为中化集团、中化股份的全资子 公司。" 上述股权划转前，中化投资为公司控股股东，国务院国 有资产监督管理委员会为公司实际控制人。上述股权划转前， 鲁西化工的股权控制关系如下图所示： 上述股权划转完成后，中化股份持有中化投资100%的股 权，公司的控股股东仍为中化投资，实际控制人仍为国务院 国有资产监督管理委员会。上述股权划转完成后，鲁西化工 的股权控制关系如下图所示： 二、中国中化股份有限公司基本情况 公司名称：中国中化股份有限公司 统一社会信用代码：91110000717824939E 公司类型：其他股份有限公司(非上市) 成立日前：2009年6月1日 法定代表人：李凡荣 鲁西化工集团股份有限公司（以下简称"鲁西化工"或 公 ...

证券代码：000830 证券简称：鲁西化工 公告编号：2024-075 鲁西化工集团股份有限公司 关于完成工商变更登记并换发营业执照的公告 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。 鲁西化工集团股份有限公司（以下简称"公司"）2024 年 7 月 5 日召开第八届董事会第四十九次会议审议通过了《关于修订< 公司章程>部分条款的议案》，已经 2024 年 7 月 22 日召开的 2024 年第三次临时股东大会审议通过。具体内容详见公司在《证券时 报》《中国证券报》《上海证券报》《证券日报》及巨潮资讯网 （www.cninfo.com.cn）上披露的相关公告。 公司 2024 年 11 月 28 日完成了相关事项的工商变更登记及备 案手续，取得了聊城市市场监督管理局换发的《营业执照》，相 关变更信息如下： 一、本次变更登记情况 3、类型：其他股份有限公司（上市） 4、住所：聊城市高新技术产业开发区鲁西化工总部驻地 5、法定代表人：王延吉 6、注册资本：壹拾玖亿壹仟零壹拾柒万贰仟肆佰伍拾壹元整 7、成立日期：1998 年 6 月 11 日 8、经营范围：化学肥 ...

Group 1: Company Operations and Market Conditions - The overall production and operation of the company are stable, with a focus on safety management and increased on-site supervision to ensure stable operations across the park [1] - Chemical product prices have shown mixed trends due to market supply and demand factors, with the company adjusting production and sales strategies in response to market changes [1] - The company aims to maximize economic benefits by leveraging integrated advantages and mitigating market risks [1] Group 2: Recent Price Changes and Product Insights - Recent price increases in certain chemical products, such as propanol and caustic soda, are attributed to changes in industry operating rates and downstream demand [2] - The current production capacity for propanol is 80,000 tons, with stable operations this year, while the integrated phase II project is progressing smoothly [2] - Caustic soda has an annual production capacity of 400,000 tons, with price increases driven by maintenance activities in peer companies and rising demand in the aluminum oxide market [2] Group 3: Market Dynamics and Strategic Response - The market price fluctuations of chemical products are influenced by various factors, leading to uncertain sustainability of these trends [2] - The company will closely monitor market changes, adjust strategies accordingly, and strengthen cost management to maintain a balance between production and sales [2]

Group 1: Company Operations - The overall production and operation of the company are normal, with a continued emphasis on safety management and high-pressure oversight to ensure stable operations across production enterprises [1] - The company adjusts production, sales, and procurement in response to market changes, leveraging integrated advantages to mitigate market risks and maximize economic benefits [1] Group 2: Q3 Performance - The company's Q3 performance increased year-on-year, primarily due to the rise in prices and sales volume of certain products [1] - Since July, the prices of some major chemical products have declined, impacting the company's Q3 performance [2] Group 3: Market Forecast - The market price changes for chemical products are influenced by various factors and are uncertain; the company will closely monitor market changes and adjust accordingly to avoid risks [2] - The company aims to strengthen cost management and seize market opportunities to achieve production and sales balance, maximizing economic benefits [2]

Investment Rating - The report maintains an "Outperform" rating for the company, indicating a positive outlook compared to the market [4][7]. Core Views - The company reported a revenue of 21.579 billion yuan for the first three quarters of 2024, representing a year-on-year increase of 20.27%. The net profit attributable to shareholders reached 1.575 billion yuan, a significant increase of 210.77% year-on-year [4][7]. - Despite a decline in product prices due to increased industry competition, the company managed to maintain revenue growth by increasing sales volume [5][6]. - Ongoing projects are progressing well, and the company is expected to have significant long-term growth potential, supported by new product launches and operational improvements [6][7]. Financial Summary - As of September 30, 2024, the company had a net asset value per share of 9.56 yuan and a debt-to-asset ratio of 48.75% [3]. - The total revenue for 2024 is projected to be 28.328 billion yuan, with a net profit forecast of 1.967 billion yuan, reflecting a year-on-year growth of 140.3% [8][9]. - The company's earnings per share (EPS) is expected to be 1.03 yuan for 2024, with a projected price-to-earnings (PE) ratio of 12 [8][9].

证券代码：000830 证券简称：鲁西化工 公告编号：2024-074 鲁西化工集团股份有限公司 关于调整独立董事津贴的公告 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。 鲁西化工集团股份有限公司（以下简称"公司"）2024 年 10 月 29 日召开第九届董事会第二次会议，审议通过了《关 于调整独立董事津贴的议案》，董事会薪酬与考核委员会非 关联委员不足半数，本事项直接提交董事会审议。独立董事 宿玉海、黄杰刚、李相杰回避表决本议案，董事会其他成员 表决通过本议案，尚需提交公司最近一次临时股东大会审议， 股东大会召开时间另行通知。 依据《上市公司独立董事管理办法》《公司章程》等相 关制度的规定，综合考虑履职责任，参照公司所处地区经济 发展状况、同行业上市公司独立董事薪酬水平及公司实际经 营状况，公司拟将独立董事津贴由税前人民币每人 8 万元/ 年调整为税后人民币每人 8 万元/年，其所涉及的个人应缴 纳的有关税费统一由公司代扣代缴，自公司最近一次临时股 东大会审议通过后执行。后续独立董事因换届、改选、任期 内辞职等原因离任的，津贴按其实际任期计算并予以发放。 ...