证券代码：833914 证券简称：远航精密 公告编号：2025-099 江苏远航精密合金科技股份有限公司董事会秘书工作细则 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 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 带法律责任。 一、 审议及表决情况 江苏远航精密合金科技股份有限公司（以下简称"公司"）于 2025 年 7 月 22 日召开第五届董事会第十五次会议，审议通过了《关于制定及修订公司部分 内部管理制度的议案》之子议案 2.05：《关于修订<董事会秘书工作细则>的议案》， 表决结果：同意 7 票；反对 0 票；弃权 0 票。 本议案无需提交公司股东会审议。 二、 制度的主要内容，分章节列示： 江苏远航精密合金科技股份有限公司 董事会秘书工作细则 第一章 总 则 第二章 董事会秘书的聘任、解聘及任职资格 第四条 董事会秘书由董事长提名,由董事会聘任或者解聘。董事会秘书任期 三年,聘期自聘任之日起,至本届董事会任期届满止,可连聘连任。 公司董事会应当在原任董事会秘书离职后三个月内聘任董事会秘书。 第一条 为了进一步提高江苏远航精密合金科技股份有限公司（以 ...

证券代码：833914 证券简称：远航精密 公告编号：2025-126 江苏远航精密合金科技股份有限公司舆情管理制度 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 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 带法律责任。 一、 审议及表决情况 江苏远航精密合金科技股份有限公司（以下简称"公司"）于 2025 年 7 月 22 日召开第五届董事会第十五次会议，审议通过了《关于制定及修订公司部分 内部管理制度的议案》之子议案 2.32：《关于修订<舆情管理制度>的议案》，表 决结果：同意 7 票；反对 0 票；弃权 0 票。 本议案无需提交公司股东会审议。 二、 制度的主要内容，分章节列示： 江苏远航精密合金科技股份有限公司 舆情管理制度 第一章 总则 第一条 为提高江苏远航精密合金科技股份有限公司（以下简称"公司"）应 对各类舆情的能力，建立快速反应和应急处置机制，及时、妥善处理各类舆情对 公司股价、公司商业信誉及正常生产经营活动造成的影响，切实保护公司及投资者 合法权益，根据《北京证券交易所股票上市规则》等相关法律、法规、规范性文 件的规定和《江苏远航精密合 ...

证券代码：833914 证券简称：远航精密 公告编号：2025-132 江苏远航精密合金科技股份有限公司 2025 年第一次职工代表大会决议公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 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 带法律责任。 一、会议召开和出席情况 （一）会议召开情况 1.会议召开时间：2025 年 7 月 22 日 2.会议召开地点：江苏远航精密合金科技股份有限公司会议室 3.会议召开方式：现场召开 4.发出会议通知的时间和方式：2025 年 7 月 12 日以书面及通讯方式发出 5.会议主持人：朱志刚先生 二、议案审议情况 （一）审议通过《关于选举公司第五届董事会职工代表董事的议案》 1.议案内容： 根据《中华人民共和国公司法》（以下简称"《公司法》"）和《公司章程》 的相关规定，公司董事会设职工董事 1 名，由职工代表大会选举产生。 6.召开情况合法、合规、合章程性说明： 本次会议召集、召开符合有关法律、行政法规、部门规章、规范性文件和《江 苏远航精密合金科技股份有限公司章程》（以下简称"《公司章程》"）的规定。 （二）会议出席 ...

证券代码：833914 证券简称：远航精密 公告编号：2025-091 江苏远航精密合金科技股份有限公司 关于使用部分闲置募集资金进行现金管理的进展公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 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 带法律责任。 一、 授权现金管理情况 （一）审议情况 江苏远航精密合金科技股份有限公司（以下简称"公司"）于 2024 年 12 月 30 日召开第五届董事会第十次会议、第五届监事会第十一次会议，审议通过了 《关于使用部分闲置募集资金进行现金管理的议案》。为了提高闲置募集资金使 用效率，为公司及股东获取更多的回报，在确保资金安全、不影响募集资金投资 项目建设的前提下，公司拟使用不超过人民币 2 亿元暂时闲置的募集资金进行现 金管理，用于购买安全性高、流动性好、可以保障本金安全的投资产品，期限自 公司董事会审议通过之日起 12 个月内有效。 具体内容详见公司于 2024 年 12 月 30 日在北京证券交易所信息披露平台 （http://www.bse.cn/）披露的《关于使用部分闲置募集资金进行现金管理的公告》 （公告 ...

Investment Rating - The report does not explicitly state an investment rating for the industry or specific companies [53]. Core Insights - The market is experiencing structural differentiation, with active themes in urban renewal and AI hardware. The North Exchange A-share trading volume reached 23.2 billion yuan on July 15, 2025, an increase of 740 million yuan from the previous trading day, while the North Exchange 50 Index closed at 1412.1, down 1.2% [4][14]. - The report highlights significant stock movements, with 60 out of 268 companies on the North Exchange rising, 3 remaining flat, and 205 declining. Notable gainers included Guangdao Digital (29.9%) and Yun Chuang Data (13.7%), while major losers included Xinghao Pharmaceutical (-9.3%) and Silane Technology (-6.2%) [25][29]. - The report emphasizes the importance of urban renewal as a key theme, driven by the central government's focus on high-quality urban development. Companies like Guoyi Tendering and Guangrong International have shown significant price increases in this context [6][30]. Summary by Sections Market Review - On July 15, 2025, the North Exchange A-share trading volume was 23.2 billion yuan, with the North Exchange 50 Index down 1.2% and a PE TTM of 67.04 times. The specialized index closed at 2408.8, down 0.9% [4][14]. - The report notes that the market is seeing a shift towards policy and event-driven themes, with structural opportunities becoming clearer in urban renewal and AI industry chains [7]. Important News - Geely Automobile and Zeekr signed a merger agreement, with Geely acquiring all remaining shares of Zeekr. Shareholders can choose cash or Geely shares as compensation [30]. - The successful launch of the Tianzhou-9 cargo spacecraft has increased interest in aerospace-related companies [31]. Key Company Announcements - Zitan Palace announced a cash dividend of 2 yuan per 10 shares based on its total share capital of 145,463,880 shares [35]. - Shibi Bai disclosed a reduction in shareholding by a major shareholder, decreasing from 8.7324% to 6.7376% [36].

Group 1 - The core viewpoint of the report highlights the growth potential of Yuanhang Precision due to the rapid development of the new energy vehicle and energy storage markets, as well as advancements in solid-state battery technology [1] - The solid-state battery industry is evolving, with lithium battery shipments in China expected to reach 1175 GWh in 2024, representing a year-on-year increase of 32.6% [1] - The global composite current collector market is projected to grow from 1.8 billion yuan in 2023 to nearly 30 billion yuan by 2025, driven by high demand in the new energy vehicle and energy storage sectors [1] Group 2 - Yuanhang Precision's main products include nickel strips, foils, and precision structural components, with expected revenues of 615 million yuan and 200 million yuan from nickel strips and foils respectively in 2024 [2] - The company has established partnerships with major clients such as Panasonic, LG, and BYD, focusing on battery manufacturers and precision component processors [2] - The company's revenue is projected to reach 852 million yuan in 2024, with a year-on-year growth of 5.25%, and a net profit of 67.44 million yuan, reflecting a significant year-on-year increase of 113.37% [2] Group 3 - Yuanhang Precision holds 89 patents and produces nickel strips and foils with nickel content exceeding 99.8%, surpassing the industry standard of 99.5% [3] - The company has advanced manufacturing capabilities, allowing for precise control over the thickness and width of its products, with a maximum roll weight of 3,000 kg [3] - The company is expected to launch new production capacities by 2025 and 2026, which will support its growth trajectory [3] Group 4 - Profit forecasts indicate that the company's net profit is expected to reach 82 million yuan, 100 million yuan, and 125 million yuan from 2025 to 2027, with corresponding price-to-earnings ratios of 36.8, 30.0, and 24.0 [4] - The report emphasizes the alignment of the company's business with industry growth driven by demand for new energy vehicles and energy storage, as well as technological upgrades in solid-state batteries [4] - The initial coverage of the company has been rated as "Buy" based on its strong market positioning and stable partnerships [4]

Investment Rating - The report gives an "Accumulate" rating for the company, marking its first coverage [5][7]. Core Views - The company is positioned as a "small giant" in precision nickel-based conductor materials, benefiting from the development of the new energy vehicle market and innovations in solid-state battery technology [5]. - The company’s products are crucial for battery connections and are widely used in consumer electronics, new energy vehicles, and energy storage applications, aligning well with the growing demand in these sectors [9]. Summary by Sections 1. Changes in the Solid-State Battery Industry - The company focuses on the production of nickel strips and foils in the upstream nickel-based materials industry and the manufacturing of precision structural components in the midstream [14]. - The solid-state battery technology is expected to enter the commercialization phase by 2030, with solid-state batteries likely becoming the upgrade direction for lithium batteries [25][29]. 2. Company Business Focus and Financial Performance - The company’s main products include nickel strips, foils, and precision structural components, with applications in various fields such as consumer electronics and new energy vehicles [14]. - In 2024, the company expects revenues of 8.52 billion yuan, with a net profit of 67.44 million yuan, reflecting a year-on-year growth of 113.37% [6][33]. 3. Company Characteristics and Competitive Advantages - The company holds 89 patents and has maintained a market share of over 50% in nickel strip products from 2019 to 2021 [6][34]. - The company’s planned projects, including a 2,500-ton precision nickel strip material project expected to be operational by the end of 2026, are anticipated to support future growth [6][39]. 4. Profit Forecast and Valuation - The forecasted net profits for the company from 2025 to 2027 are 820 million yuan, 1 billion yuan, and 1.25 billion yuan, corresponding to P/E ratios of 36.8, 30.0, and 24.0 respectively [7][8].

Group 1 - The report highlights a steady increase in domestic electrification rates and a strong recovery in European sales, with global sales expected to grow by 21% in 2025 and maintain over 15% growth in 2026 [2][3] - In 2025, domestic electric vehicle sales are projected to reach 5.61 million units, a year-on-year increase of 44%, with an annual growth forecast of 25% [2][5] - The report anticipates a robust demand for lithium batteries, with a revised growth estimate of over 30% in 2025 and nearly 20% in 2026, driven by strong energy storage policies and market dynamics [2][3] Group 2 - The report indicates that the profitability of the industry has begun to recover slightly, with leading companies starting to expand production in an orderly manner, while smaller firms continue to exit the market [2][3] - The report notes a significant disparity in profitability across different segments of the supply chain, with leading battery manufacturers maintaining high profit levels compared to second-tier manufacturers [2][3] - The solid-state battery technology is highlighted as a key area of focus, with advancements expected in sulfide-based materials and core equipment, indicating a rapid acceleration in industrialization [2][3] Group 3 - Investment recommendations emphasize focusing on leading lithium battery companies and those accelerating the industrialization of solid-state technologies, with specific companies identified for potential investment [2][3] - The report suggests that the lithium carbonate price has reached a bottom, making it favorable to invest in companies with quality resources [2][3] - The report identifies several companies in the solid-state battery sector that are expected to benefit from technological advancements and market demand [2][3]

江苏远航精密合金科技股份有限公司（以下简称"公司"）于 2025 年 7 月 11 日召开 的第五届董事会第十四次会议，审议通过了《关于聘任公司证券事务代表的议案》, 上 述议案表决结果：同意 7 票，反对 0 票，弃权 0 票。 聘任王冬雪女士为公司证券事务代表，任职期限至第五届董事会任期届满之日止， 自 2025 年 7 月 11 日起生效。该人员持有公司股份 0 股，占公司股本的 0%，不是失信 联合惩戒对象。 证券代码：833914 证券简称：远航精密 公告编号：2025-090 江苏远航精密合金科技股份有限公司证券事务代表任命公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、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法律责任。 一、证券事务代表任命的基本情况 《江苏远航精密合金科技股份有限公司第五届董事会第十四次会议决议》 江苏远航精密合金科技股份有限公司 董事会 （上述人员简历详见附件） 二、合规性说明及影响 （一）人员变动的合规性说明 王冬雪女士具备履行职责所必需的工作经验及相关素质，能够胜任相关岗位职责的 要求，其任职资格符合《中华人民共 ...

证券代码：833914 证券简称：远航精密 公告编号：2025-089 1.会议召开时间：2025 年 7 月 11 日 2.会议召开地点：江苏远航精密合金科技股份有限公司会议室 江苏远航精密合金科技股份有限公司 第五届董事会第十四次会议决议公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 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 带法律责任。 一、会议召开和出席情况 （一）会议召开情况 3.会议召开方式：现场与通讯相结合的方式 4.发出董事会会议通知的时间和方式：2025 年 7 月 9 日以书面和邮件方式发 出 5.会议主持人：周林峰 6.会议列席人员：高级管理人员 7.召开情况合法、合规、合章程性说明： 会议的召开符合《公司法》及《公司章程》的有关规定，会议形成的决议合 法有效。 （二）会议出席情况 会议应出席董事 7 人，出席和授权出席董事 7 人。 董事李自洪、薛文东、李慈强因异地工作以通讯方式参与表决。 二、议案审议情况 （一）审议通过《关于聘任公司证券事务代表的议案》 根据《中华人民共和国公司法》《上市公司信息披露管理办法》及《北京证 券交 ...