香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何 部分內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 Jiangsu Lopal Tech. Group Co., Ltd. 江蘇龍蟠科技集團股份有限公司 （於中華人民共和國註冊成立的股份有限公司） （股份代號：2465） 海外監管公告 本公告乃根據香港聯合交易所有限公司證券上市規則第13.10B條刊發。 茲 載 列 江 蘇 龍 蟠 科 技 集 團 股 份 有 限 公 司（「本 公 司」）在 上 海 證 券 交 易 所 網 站(https://www.sse.com.cn/)刊發的《關於召開2025年第三季度業績說明會的公告》 如下，僅供參閱。 二零二五年十一月三日 於本公告日期，董事會包括執行董事石俊峰先生、呂振亞先生、秦建先生、沈志勇 先生及張羿先生；非執行董事朱香蘭女士；及獨立非執行董事李慶文先生、葉新先 生、耿成軒女士以及康錦里先生。 承董事會命 江蘇龍蟠科技集團股份有限公司 董事長 石俊峰 中國‧南京 证券代码：603906 证券简称：龙蟠科技 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何 部分內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 Jiangsu Lopal Tech. Group Co., Ltd. 江蘇龍蟠科技集團股份有限公司 （於中華人民共和國註冊成立的股份有限公司） （股份代號：2465） 海外監管公告 本公告乃根據香港聯合交易所有限公司證券上市規則第13.10B條刊發。 茲 載 列 江 蘇 龍 蟠 科 技 集 團 股 份 有 限 公 司（「本 公 司」）在 上 海 證 券 交 易 所 網 站(https://www.sse.com.cn/)刊發的《關於使用閒置募集資金購買理財產品的進展公 告》如下，僅供參閱。 承董事會命 江蘇龍蟠科技集團股份有限公司 董事長 石俊峰 中國‧南京 二零二五年十一月三日 於本公告日期，董事會包括執行董事石俊峰先生、呂振亞先生、秦建先生、沈志勇 先生及張羿先生；非執行董事朱香蘭女士；及獨立非執行董事李慶文先生、葉新先 生、耿成軒女士以及康錦里先生。 证券代码：603906 证券简称：龙蟠科技 ...

Core Viewpoint - UBS increased its stake in Longpan Technology (02465) by purchasing 87,500 shares at a price of HKD 11.5954 per share, totaling approximately HKD 1.0146 million, raising its total holdings to 8.4695 million shares, which represents a 7.06% ownership [1] Summary by Category - **Share Purchase Details** - UBS acquired 87,500 shares of Longpan Technology at HKD 11.5954 each [1] - The total investment amounted to approximately HKD 1.0146 million [1] - **Ownership Status** - Following the purchase, UBS's total shareholding in Longpan Technology reached 8.4695 million shares [1] - The new ownership percentage stands at 7.06% [1]

Group 1: Hong Kong Stock Market Updates - China Metallurgical Group (01618) saw a decline of over 5%, reporting a revenue of 335.09 billion yuan for the first three quarters, a year-on-year decrease of 18.79%, and a net profit of 3.97 billion yuan, down 41.88% [1] - Fosen Pharmaceutical (01652) surged nearly 74% after announcing that its subsidiary received approval for the "Enzalutamide Soft Capsule" from the National Medical Products Administration of China [1] - Sanhua Intelligent Control (02050) increased over 3%, with a revenue of 24.03 billion yuan for the first three quarters, a year-on-year growth of 16.86%, and a net profit of 3.24 billion yuan, up 40.85% [1] - Rongchang Biopharmaceutical (09995) rose over 5%, reporting a revenue of approximately 1.72 billion yuan, a year-on-year increase of 42.27%, and a net loss of about 551 million yuan, narrowing by 48.6% [1] - New Special Energy (01799) fell nearly 8%, with a revenue of 11.66 billion yuan and a net loss of 526 million yuan for the first three quarters [1] Group 2: Additional Hong Kong Stock Market Updates - Chuny Medical (01858) increased over 10%, reporting a revenue of 756 million yuan, a year-on-year growth of 48.75%, and a net profit of 192 million yuan, up 213.21% [2] - Innovent Biologics (01801) rose over 4%, achieving total product revenue exceeding 3.3 billion yuan in Q3, maintaining a strong year-on-year growth of about 40% [2] - Longpan Technology (02465) increased over 6%, with a revenue of approximately 5.83 billion yuan, a year-on-year growth of 2.91%, and a net loss of about 110 million yuan, narrowing by 63.53% [2] - 3SBio (01530) saw an early morning increase of nearly 7%, following a significant deal with Pfizer worth up to $12.5 billion [2] - China CNR Corporation (01766) fell over 8%, reporting a revenue of approximately 183.87 billion yuan, a year-on-year increase of 20.49%, and a net profit of about 9.96 billion yuan, up 37.53% [2] Group 3: US Stock Market Updates - Carvana (CVNA.US) dropped over 13%, reporting a Q3 revenue growth of 54.5% to $5.65 billion, exceeding analyst expectations [3] - Alphabet (GOOGL.US) rose nearly 2%, with Q3 revenue surpassing $100 billion, driven by strong AI demand boosting cloud business [3] - Meta Platforms (META.US) fell over 11%, reporting Q3 revenue of $51.2 billion, a 26% year-on-year increase, but net profit significantly below expectations due to a one-time tax expense [4] - Bitcoin-related stocks experienced declines, with Strategy (MSTR.US) down nearly 7% and Coinbase (COIN.US) down over 5% [4] - eBay (EBAY.US) plummeted 15%, marking its largest drop in over 20 years despite exceeding sales expectations [4] Group 4: Additional US Stock Market Updates - Comcast (CMCSA.US) fell 4%, losing 104,000 broadband users in Q3, marking the tenth consecutive quarter of user decline [5] - CoreWeave (CRWV.US) dropped over 6% after shareholders rejected a proposed acquisition [5] - Roblox (RBLX.US) fell over 15%, reporting Q3 revenue of $1.4 billion, a 48% year-on-year increase, but widening net losses [5] - Moderna (MRNA.US) rose over 13%, reportedly in talks for a large-scale acquisition with a major pharmaceutical company [6] - Altria (MO.US) fell over 7%, reporting adjusted EPS of $1.45, in line with market consensus, but net revenue declined by 1.7% [6]

Core Viewpoint - Longpan Technology (02465.HK) experienced a post-earnings surge of over 6%, reaching a price of 12.66 HKD with a trading volume of 91.83 million HKD [1] Summary by Category - **Stock Performance** - The stock price increased by 6.2% following the earnings report [1] - Current trading price stands at 12.66 HKD [1] - Total trading volume recorded at 91.83 million HKD [1]

Core Viewpoint - Longpan Technology (02465) experienced a stock price increase of over 6% following the announcement of its Q3 2025 performance, indicating positive market reaction to the financial results [1] Financial Performance - For the first three quarters of 2025, Longpan Technology reported revenue of approximately 5.825 billion yuan, reflecting a year-on-year growth of 2.91% [1] - The net loss attributable to shareholders narrowed to approximately 110 million yuan, a decrease of 63.53% compared to the previous year [1] - The basic loss per share was reported at 0.16 yuan [1] Stock Option Incentive Plan - Longpan Technology announced a stock option incentive plan for 2025, proposing to grant 6.85 million stock options to incentive targets, which represents 1.00% of the company's total share capital at the time of the announcement [1] - This grant is a one-time allocation with no reserved rights [1]

Group 1 - The Chinese government will suspend the implementation of export control measures announced on October 9 for one year, indicating the competitive strength of China's lithium battery industry chain [1] - The previous export control measures included restrictions on high-performance battery cells, lithium battery equipment, and advanced materials, aimed at limiting competitive technology exports [1] - The demand for batteries is expected to grow significantly due to the surge in data center needs driven by global AI development, benefiting the entire industry chain [1] Group 2 - The lithium battery industry has experienced prolonged losses in 2023, but recent price increases have created significant profit elasticity [2] - The core product, 6F, has seen a price increase of over 50% since September, reaching above 87,000 [2] - The demand for energy storage is accelerating, with monthly demand exceeding 120,000 tons, indicating a strong market recovery [2] Group 3 - Relevant Hong Kong stocks in the lithium battery industry include CATL, BYD, Longpan Technology, Zhongchuang Innovation, Ruipu Lanjun, and Shuangdeng [3] - Lithium mining companies mentioned are Ganfeng Lithium and Tianqi Lithium [3]

Core Insights - The average selling price of automotive environmental fine chemicals increased by 0.18% year-on-year for the first three quarters of 2025, while the average selling price of lithium iron phosphate cathode materials decreased by 10.02% year-on-year [1] Price Changes of Raw Materials - The average procurement price of base oil decreased by 110.13 CNY/ton, a decline of 1.39% year-on-year [1] - The average procurement price of ethylene glycol increased by 61.30 CNY/ton, an increase of 1.55% year-on-year [1] - The average procurement price of urea decreased by 435.51 CNY/ton, a decline of 20.79% year-on-year [1] - The average procurement price of phosphoric acid decreased by 317.01 CNY/ton, a decline of 3.62% year-on-year [1] - The average procurement price of lithium carbonate decreased by 18,916.29 CNY/ton, a decline of 22.88% year-on-year [1]

Core Insights - The average selling price of automotive environmental fine chemicals increased by 0.18% year-on-year for the first three quarters of 2025, while the average selling price of lithium iron phosphate cathode materials decreased by 10.02% year-on-year [1] Summary by Category Sales Performance - The average selling price of automotive environmental fine chemicals rose by 0.18% compared to the same period last year [1] - The average selling price of lithium iron phosphate cathode materials fell by 10.02% compared to the same period last year [1] Raw Material Price Changes - The average procurement price of base oil decreased by 110.13 CNY/ton, a decline of 1.39% year-on-year [1] - The average procurement price of ethylene glycol increased by 61.30 CNY/ton, an increase of 1.55% year-on-year [1] - The average procurement price of urea decreased by 435.51 CNY/ton, a decline of 20.79% year-on-year [1] - The average procurement price of phosphoric acid decreased by 317.01 CNY/ton, a decline of 3.62% year-on-year [1] - The average procurement price of lithium carbonate decreased by 18,916.29 CNY/ton, a decline of 22.88% year-on-year [1]

Core Insights - Longpan Technology (02465) reported its performance for the first three quarters of 2025, with operating revenue approximately 5.825 billion, representing a year-on-year increase of 2.91% [1] - The net loss attributable to shareholders narrowed to approximately 110 million, a year-on-year reduction of 63.53% [1] - Basic loss per share was 0.16 yuan [1]