机🐗(ji)构📰(gou)：民🛄(min)生🐨(sheng)证🖱(zheng)券🎣(quan)研🌬(yan)究🐈(jiu)员🐆(yuan)：刘🔇(liu)海🈺(hai)荣🤥(rong)/费🍠(fei)晨🥧(chen)洪🤯(hong)油🥀(you)煤📅(mei)价🥐(jia)差⤵(cha)扩✍(kuo)大🏛(da)，利😴(li)好🚼(hao)煤🧠(mei)头🤦(tou)系📷(xi)列🤙(lie)产🚒(chan)品🎱(pin)
公🕌(gong)司💳(si)是🔗(shi)领🧠(ling)先🗻(xian)的🤔(de)煤🥕(mei)化🖊(hua)工💭(gong)龙😹(long)头😺(tou)企🛬(qi)业🌷(ye)，经🦖(jing)过🎻(guo)长🐵(chang)期🈳(qi)持🐩(chi)续🤰(xu)投🗄(tou)入🙎(ru)，建🏑(jian)立🚷(li)和🕕(he)巩🌮(gong)固🧗(gu)技📬(ji)术✅(shu)优🕕(you)势🏜(shi)、扩😈(kuo)大🎴(da)规⛴(gui)模🚯(mo)、延🚹(yan)伸🐠(shen)产🍪(chan)业🈴(ye)链🍍(lian)，逐🌋(zhu)渐🎃(jian)打📊(da)造🤟(zao)了🍿(le)大⬇(da)氮🕕(dan)肥🌐(fei)、碳🍬(tan)一🍬(yi)、羰🤬(tang)基🐪(ji)合🤵(he)成💃(cheng)、新🍠(xin)型👆(xing)煤📣(mei)气💙(qi)化🌓(hua)四🕊(si)大🤫(da)产🏣(chan)业🎽(ye)平🛡(ping)台👬(tai)，逐⛵(zhu)步🎮(bu)从🕞(cong)以🥏(yi)生🏺(sheng)产🎁(chan)氮🧦(dan)肥🗾(fei)为♓(wei)主⏬(zhu)的🚝(de)传🐽(chuan)统🕌(tong)煤🏳(mei)化💆(hua)工🚟(gong)企📓(qi)业🏅(ye)转😑(zhuan)型🖱(xing)为🤫(wei)多🤶(duo)产🐁(chan)业📊(ye)板🎅(ban)块♌(kuai)协😹(xie)同👎(tong)联🎐(lian)产🚘(chan)的😙(de)新😒(xin)型🐾(xing)煤🧘(mei)化🌑(hua)工⭕(gong)企🏕(qi)业🌝(ye)。公🤱(gong)司🚽(si)主👋(zhu)要🤩(yao)原🚲(yuan)料📰(liao)和👛(he)能😊(neng)源🧡(yuan)消🔧(xiao)耗🚾(hao)均😃(jun)依🏨(yi)赖🔮(lai)于🎦(yu)煤🎱(mei)炭💙(tan)，而㊙(er)公❄(gong)司🙅(si)产😸(chan)品🧠(pin)中😽(zhong)大👠(da)部🏹(bu)分🧙(fen)终👰(zhong)端🍖(duan)市😬(shi)场👃(chang)是🎭(shi)由⤴(you)石🙇(shi)油🐫(you)化🎺(hua)工🚬(gong)市📐(shi)场👿(chang)定🔉(ding)价🕷(jia)。对🐷(dui)公🚌(gong)司🏒(si)而🔥(er)言🅾(yan)，煤🍫(mei)炭⛓(tan)-原🎁(yuan)油📩(you)价📸(jia)格〽(ge)价🚹(jia)差🎅(cha)越🍩(yue)大🧀(da)，成🚔(cheng)本🐡(ben)端🌅(duan)成🙈(cheng)本🕜(ben)压🏤(ya)力🙆(li)越👤(yue)大😱(da)；煤🖋(mei)炭🔆(tan)-原🏾(yuan)油💕(you)价🕚(jia)差🥘(cha)越⛄(yue)小🥇(xiao)，表💹(biao)明🎞(ming)公👬(gong)司🤪(si)的💸(de)成👼(cheng)本⛓(ben)端🕛(duan)压💱(ya)力🔎(li)较🦈(jiao)小🎌(xiao)，而🍦(er)盈🎶(ying)利🤫(li)空➕(kong)间🐺(jian)较🕙(jiao)好💧(hao)。二🦑(er)季📙(ji)度🚘(du)以🍭(yi)来😦(lai)煤🧦(mei)-油🔘(you)价🛴(jia)差⛲(cha)收🥡(shou)窄🆔(zhai)到🦒(dao)历🍥(li)史👬(shi)低👏(di)位🗄(wei)，公🌔(gong)司🔄(si)盈♒(ying)利🔤(li)预🐏(yu)期🖕(qi)向🕉(xiang)好🏼(hao)趋⛏(qu)势🛒(shi)明🏁(ming)显⛳(xian)。公🐖(gong)司✌(si)荆🛀(jing)州🥪(zhou)项👗(xiang)目🕸(mu)顺🎹(shun)利🐴(li)投🐗(tou)产✔(chan)，进🌇(jin)入👃(ru)双📦(shuang)基👨(ji)地💮(di)时📷(shi)代⚪(dai)，三🏽(san)大🤛(da)产💉(chan)品🦁(pin)产🦓(chan)能🥒(neng)大🏏(da)幅🥂(fu)扩🈂(kuo)张🥒(zhang)。2023 年🦅(nian)10 月🧥(yue)，公😚(gong)司📮(si)荆🔸(jing)州♉(zhou)基👇(ji)地👮(di)顺👍(shun)利🚕(li)投🤲(tou)产🏈(chan)，包🐥(bao)括🌄(kuo)100 万🈺(wan)吨⛎(dun)冰🤾(bing)醋🍒(cu)酸🍇(suan)、70 万🙃(wan)吨🏜(dun)尿👺(niao)素🌇(su)、30 万🌮(wan)吨🤯(dun)熔🦁(rong)融🍝(rong)液🌷(ye)尿😈(niao)、10 万🌑(wan)吨💌(dun)密🚦(mi)胺🦊(an)树♑(shu)脂🗄(zhi)、15 万🚴(wan)吨⬅(dun)DMF，1.36 万📲(wan)吨🛹(dun)硫📜(liu)磺🚴(huang)，15 万🏇(wan)吨👫(dun)混👿(hun)甲🆔(jia)胺❇(an)等💧(deng)项🔣(xiang)目🔰(mu)。新🎍(xin)项⛎(xiang)目🤗(mu)投📪(tou)产🍊(chan)后🔍(hou)公👡(gong)司〽(si)尿😉(niao)素😷(su)、醋💧(cu)酸🚤(suan)、DMF 等🎅(deng)产📣(chan)能🎆(neng)大😻(da)幅🤪(fu)提🌴(ti)升🕦(sheng)。尿🛴(niao)素🍐(su)、醋🤨(cu)酸🔥(suan)、DMF产😞(chan)能🎼(neng)增📴(zeng)幅🐾(fu)分😱(fen)别😜(bie)达🥖(da)65%、200%、48%。三🆕(san)个📭(ge)重💒(zhong)点👻(dian)产🔇(chan)品⛰(pin)中🔄(zhong)，尿🖥(niao)素🐌(su)需✝(xu)求⛲(qiu)较🎸(jiao)为📇(wei)旺📥(wang)盛👨(sheng)，公💟(gong)司🍚(si)新😟(xin)增🚡(zeng)产🏗(chan)能⏮(neng)对🤛(dui)市🎚(shi)场👫(chang)影🚥(ying)响💄(xiang)较🧔(jiao)小🕡(xiao)，醋🤼(cu)酸🎒(suan)和🈺(he)DMF 当🐪(dang)前📸(qian)行🍈(xing)业🥟(ye)盈🌇(ying)利🐣(li)平🤟(ping)稳👡(wen)，公👓(gong)司🐉(si)在🥙(zai)该😂(gai)行✝(xing)业📮(ye)中🐼(zhong)的💋(de)份🙏(fen)额🏪(e)优📶(you)势🌎(shi)逐🐲(zhu)步👐(bu)巩🐈(gong)固🐛(gu)，公🐸(gong)司🍌(si)新🖼(xin)增✏(zeng)主😜(zhu)要✡(yao)产🤙(chan)能🌘(neng)相🍒(xiang)继🧔(ji)平🧜(ping)稳😈(wen)投📽(tou)放📲(fang)市🍨(shi)场📩(chang)。老🍸(lao)品🈺(pin)寻👋(xun)找🏟(zhao)新🕜(xin)出🚽(chu)路🥐(lu)，成🏨(cheng)熟👂(shu)产📶(chan)业🤞(ye)链🥂(lian)完⏳(wan)善👚(shan)新♉(xin)方🏳(fang)向🏗(xiang)布🍯(bu)局🌃(ju)。与😎(yu)此🔐(ci)同🈲(tong)时🌰(shi)，公👋(gong)司♐(si)还🤲(hai)在🥋(zai)持🍬(chi)续👎(xu)为⛓(wei)既🕧(ji)有➗(you)产🏟(chan)品🔒(pin)寻🔛(xun)找🕹(zhao)新🛢(xin)的✒(de)下📹(xia)游🧕(you)应🕌(ying)用📜(yong)方👯(fang)向❎(xiang)qi 🎯(qi)zhong 🈳(zhong)tan 🔘(tan)suan 🥒(suan)er 🚒(er)jia 📩(jia)zhi 🎊(zhi)DMC zhu 🏰(zhu)yao 🎇(yao)ying ➿(ying)yong 👫(yong)yu 🎥(yu)ju 😻(ju)tan 🥢(tan)suan 🌤(suan)zhi 🥟(zhi)he 🗾(he)dian 🕳(dian)jie 🧢(jie)ye 🐭(ye)。jin 📨(jin)nian 🈵(nian)lai 🍕(lai)，shou 🆘(shou)dao 🐑(dao)xin 🔬(xin)neng 🔽(neng)yuan ⏮(yuan)xing 🏡(xing)ye 🆑(ye)zeng 🚓(zeng)chang 🥕(chang)dai 🥘(dai)dong 📏(dong)，DMC xing 🍅(xing)ye 🥈(ye)chan 🛎(chan)neng 🙏(neng)da 📃(da)fu 👐(fu)kuo 📂(kuo)zhang 🐧(zhang)，2023 nian ✳(nian)da 😤(da)dao 🌎(dao)217 wan 🎤(wan)dun 🐹(dun)，bi 🐠(bi)2022 nian 🐀(nian)zeng 🚙(zeng)chang 🛅(chang)27%，xing 🍼(xing)ye 😉(ye)guo ✋(guo)du 🥝(du)kuo 🤨(kuo)zhang 🥊(zhang)qu ⤴(qu)shi 😳(shi)ming 🏍(ming)xian 🤐(xian)。you ⏱(you)yu 🔓(yu)DMC ju 🍧(ju)you 🐛(you)wu 💻(wu)du 👖(du)、huan 🎁(huan)bao 🎪(bao)deng 🆙(deng)te 🐡(te)xing 🔔(xing)，zuo ✝(zuo)wei 🥫(wei)qi 🤠(qi)you ➕(you)tian 😯(tian)jia 🌜(jia)ji 📏(ji)hou 🥜(hou)dui 🥟(dui)qi 🤘(qi)you 🆔(you)de 👆(de)bao 💴(bao)he 🦇(he)zheng 🔡(zheng)qi 📜(qi)ya 🎤(ya)、shui 🐪(shui)rong 🌟(rong)xing 🚖(xing)ying 🏰(ying)xiang 😄(xiang)bu 🐅(bu)da 🍠(da)，bing 🕞(bing)ke ⛽(ke)ti 📓(ti)gao 😧(gao)qi 🐮(qi)you 🌾(you)de 📂(de)han 💻(han)yang 🦄(yang)liang 👟(liang)，jiang 🗿(jiang)di 🍶(di)wei 😅(wei)qi 🏫(qi)zhong 🧟(zhong)bu 🎻(bu)fen 🔁(fen)wu 📓(wu)ran 😳(ran)wu 👻(wu)de 😂(de)pai 🥜(pai)fang 🐋(fang)liang 🙇(liang)，shi 🌗(shi)ji 😯(ji)ju 🚫(ju)qian 🏪(qian)li 🕐(li)de 🧡(de)ti 📀(ti)dai 🔺(dai)MTBE de 🍊(de)xin 🦍(xin)xing ⏩(xing)qi 💭(qi)you 👆(you)tian 🏣(tian)jia ❄(jia)ji 🌪(ji)。gong 🍸(gong)si 🥄(si)yi 🕷(yi)chang 💫(chang)shi 🤦(shi)xiang 💮(xiang)hai 🍯(hai)wai 🌠(wai)you 🚢(you)pin 🥧(pin)shi 🐶(shi)chang 🔪(chang)jin 🦀(jin)xing 🚇(xing)chu 🌘(chu)kou 🧘(kou)。wei 👳(wei)lai 🛋(lai)tiao 🎈(tiao)you 📶(you)xu 🦇(xu)qiu ✨(qiu)you 🥊(you)wang ➕(wang)xiao ❓(xiao)na 🌵(na)yi 🛣(yi)ding 🎏(ding)liang 🎺(liang)de ⏩(de)DMC chan 🏋(chan)neng ❓(neng)。tong ⛳(tong)shi 🦌(shi)，gong 😰(gong)si 🚅(si)xin 🗾(xin)xuan 🍇(xuan)bu 🕍(bu)le 📙(le)xian 😧(xian)an 🏮(an)yuan 😕(yuan)liao ❓(liao)you 🥏(you)hua 🍼(hua)sheng 👎(sheng)ji 👹(ji)xiang 🌠(xiang)mu 🔐(mu)he 🍫(he)20wan 🦃(wan)dun 🚾(dun)/nian 🦎(nian)er 🌕(er)yuan 🆎(yuan)suan 📠(suan)xiang 🌝(xiang)mu 👿(mu)，jin 🚪(jin)yi 💰(yi)bu 💧(bu)wan 🎴(wan)shan 🛩(shan)de ❄(de)zhou 🐹(zhou)ji 🐂(ji)you 🍍(you)chan 🐐(chan)ye 🖐(ye)lian 🏣(lian)。tou 💽(tou)zi 💌(zi)jian 😝(jian)yi 🔰(yi)：gong 🍣(gong)si 🤾(si)yi 🚵(yi)he 🚚(he)cheng 🎎(cheng)qi ❎(qi)ping 💷(ping)tai 🕍(tai)wei 🔝(wei)long 😙(long)tou 🕝(tou)，li 🔝(li)yong 🕦(yong)duo 🌧(duo)ge 💪(ge)ji ⏸(ji)shu 🐍(shu)ping ❣(ping)tai 🌆(tai)，zai 💇(zai)hua 🍼(hua)fei ❕(fei)、you 🍌(you)ji 🔡(ji)an 🔃(an)、cu 🚟(cu)suan 🎛(suan)ji 😾(ji)yan 🏘(yan)sheng 🍉(sheng)wu 🐃(wu)、xin 👊(xin)cai 👊(cai)liao 🤓(liao)deng 😢(deng)fang 🙏(fang)xiang 🎾(xiang)xing 🗣(xing)cheng 🌗(cheng)le 🐶(le)“yi 🤰(yi)tou 🙅(tou)duo 🤟(duo)xian 📏(xian)”de 📔(de)chan 🕐(chan)ye 🤩(ye)bu 🥄(bu)ju 🌥(ju)。de 🕊(de)zhou 🎍(zhou)ben 🔔(ben)bu 💭(bu)de 🤓(de)gao 🥗(gao)duan ♿(duan)rong 🥦(rong)ji 📵(ji)、ni 🖤(ni)long 🌳(long)xiang 🤮(xiang)guan 🎃(guan)xiang 🐝(xiang)mu 🌄(mu)yi 🤛(yi)ji 🚌(ji)jing 🚶(jing)zhou 📶(zhou)ji 🤹(ji)di 🥀(di)duo 🤚(duo)ge 🍶(ge)xiang 👛(xiang)mu 🏌(mu)zai 🎴(zai)2023 nian 👌(nian)lu 🤾(lu)xu 🚸(xu)tou 🎠(tou)chan 🎫(chan)，gong ✌(gong)si 🆗(si)shou 🔦(shou)ru ⛷(ru)he ☝(he)li 🧥(li)run 👦(run)ying 🏢(ying)lai 🎰(lai)kuai 👄(kuai)su 🥔(su)zeng 🗄(zeng)chang 🍍(chang)。wo 🕔(wo)men 🌝(men)yu 🔗(yu)ji 🕸(ji)gong 🔐(gong)si 🏆(si)2024-2026 nian ⚽(nian)gui 🚁(gui)mu 🌯(mu)jing 😄(jing)li 🌮(li)run 🚷(run)fen 🌞(fen)bie 🕷(bie)wei 💓(wei)48.70 yi 🚴(yi)yuan 🍾(yuan)、58.35 yi 🏅(yi)yuan 💥(yuan)，68.01 yi 🔡(yi)yuan 💧(yuan)，EPS fen 📑(fen)bie 🛄(bie)wei 🍇(wei)2.29、2.75、3.20 yuan 🌌(yuan)，xian 🐓(xian)jia 👂(jia)（2024 nian ✅(nian)6yue 🏕(yue)6 ri 🎺(ri)）dui 🔰(dui)ying 🍺(ying)PE fen 🏗(fen)bie 🐄(bie)wei 🕎(wei)13x、10x、9x。wo 🚼(wo)men Ⓜ(men)kan 🈂(kan)hao 📗(hao)gong ✏(gong)si 🤠(si)wei 🥕(wei)lai 💁(lai)cheng 🕚(cheng)chang 🥐(chang)xing 🅰(xing)，wei 💈(wei)chi 💞(chi)“tui 🤺(tui)jian 💎(jian)”ping 🈚(ping)ji 🏷(ji)。feng 💾(feng)xian 🚳(xian)ti 🐎(ti)shi 🌟(shi)：1）xin ⏪(xin)xiang 🦎(xiang)mu 〽(mu)jian 😺(jian)she 🏘(she)jin 🐸(jin)du 💯(du)bu 🎁(bu)ji 💨(ji)yu 😧(yu)qi 🕹(qi)de 🌉(de)feng 🦏(feng)xian 💽(xian)；2）chan 🤸(chan)pin 🔖(pin)jia 🕶(jia)ge 🥠(ge)xia 👭(xia)hua 🎁(hua)de 🐼(de)feng 🥉(feng)xian ❤(xian)；3）mei ⤵(mei)tan 👳(tan)deng 🎸(deng)yuan 🔧(yuan)liao 🏩(liao)jia 🍰(jia)ge 👏(ge)shang 〽(shang)zhang 🖋(zhang)de 🎨(de)feng 🗒(feng)xian 🐥(xian)。