东睦新材料集团股份有限公司 2025 年第二次临时股东会会议资料 东睦新材料集团股份有限公司 NBTM NEW MATERIALS GROUP Co., Ltd. （证券代码：600114 证券简称：东睦股份） 1 东睦新材料集团股份有限公司 2025 年第二次临时股东会会议资料 目 录 | 2025 年第二次临时股东会提示 | | 3 | | --- | --- | --- | | 2025 年第二次临时股东会议程 | | 5 | | 采用累积投票制选举董事、独立董事的投票方式说明 | 7 | | | 议案： | | | | 1、关于选举公司第九届董事会非独立董事的议案 | 9 | | | | | 2025 年第二次临时股东会 会议资料 2025 年 8 月 5 日 中国·宁波 2 东睦新材料集团股份有限公司 2025 年第二次临时股东会会议资料 东睦新材料集团股份有限公司 2025 年第二次临时股东会提示 （1）法人股东应由法定代表人或其委托的代理人出席会议。由法定代表人出席会 议的，应持营业执照复印件（加盖公司公章）、本人身份证和法人股东账户卡至公 司办理登记；由法定代表人委托代理人出席会议的，代理人应 ...

证券代码：600114 股票简称：东睦股份 编号：2025-065 东睦新材料集团股份有限公司 NBTM NEW MATERIALS GROUP Co., Ltd. 关于召开 2025 年第二次临时股东会提示性 公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记 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责任。 重要内容提示： 会议日期：2025年8月5日（星期二）下午14:30 本次股东会采用现场投票与网络投票相结合的表决方式 股权登记日：2025年7月29日 东睦新材料集团股份有限公司（以下简称"公司"）于2025年7月18 日召开了第八届董事会第十七次会议，会议审议通过了《关于提请召开公 司2025年第二次临时股东会的议案》，决定于2025年8月5日召开2025年第 二次临时股东会。具体内容详见公司于2025年7月19日在上海证券交易所 网站（www.sse.com.cn）披露的相关信息。 本次股东会所采用的表决方式是现场投票和网络投票相结合的方式， 公司采用上海证券交易所股东会网络投票系统向公司股东提供网络投票平 台。现将本次股东会的有关事项提示如下： 一、 ...

Market Overview - The Shanghai Composite Index rose by 0.65% on July 24, with 28 out of 31 sectors experiencing gains, led by the beauty care and non-ferrous metals sectors, which increased by 3.10% and 2.78% respectively [1] - The mechanical equipment sector saw an increase of 1.13% [1] - The banking, communication, and public utilities sectors were the worst performers, declining by 1.42%, 0.15%, and 0.09% respectively [1] Capital Flow Analysis - The net inflow of capital in the two markets was 8.913 billion yuan, with 16 sectors experiencing net inflows [1] - The non-ferrous metals sector had the highest net inflow of 7.736 billion yuan, followed by the non-bank financial sector with a net inflow of 5.644 billion yuan and a daily increase of 2.06% [1] - Conversely, 15 sectors experienced net outflows, with the construction decoration sector leading with a net outflow of 3.417 billion yuan, followed by the mechanical equipment sector with a net outflow of 2.737 billion yuan [1] Mechanical Equipment Sector Performance - In the mechanical equipment sector, 404 out of 530 stocks rose, with 6 hitting the daily limit [2] - The top three stocks with the highest net inflow were Dongmu Co., Ltd. (1.87 billion yuan), Dazhu CNC (1.70 billion yuan), and China Railway Industry (1.65 billion yuan) [2] - The sector had a total net outflow of 2.737 billion yuan, with 15 stocks experiencing outflows exceeding 50 million yuan, led by China Railway Construction (8.74 billion yuan), Snowman Group (4.95 billion yuan), and Guoji Heavy Industry (4.81 billion yuan) [2][3] Top Gainers in Mechanical Equipment Sector - The top gainers in the mechanical equipment sector included: - Dongmu Co., Ltd. with a 10.00% increase and a turnover rate of 4.76% [2] - Dazhu CNC with a 17.84% increase and a turnover rate of 31.68% [2] - China Railway Industry with a 9.99% increase and a turnover rate of 8.13% [2] Top Losers in Mechanical Equipment Sector - The top losers in the mechanical equipment sector included: - China Railway Construction with an 8.43% decrease and a turnover rate of 12.66% [3] - Snowman Group with a 6.21% decrease and a turnover rate of 45.84% [3] - Guoji Heavy Industry with a 7.82% decrease and a turnover rate of 8.27% [3]

Investment Rating - The report assigns a "Buy" rating to the company, with expected revenue and net profit growth from 2025 to 2027 [2][25]. Core Views - The company is a leader in powder metallurgy, actively expanding into robotics applications, with a projected revenue of 60.16 billion, 66.66 billion, and 78.36 billion yuan for 2025, 2026, and 2027 respectively [2][8]. - The company has developed three major technology platforms: PS, MIM, and SMC, which are expected to drive future growth [8][10]. - The company is exploring applications of powder metallurgy components in robotics, with successful development of several prototypes [18][22]. Summary by Sections Financial Performance - The company has shown steady growth in revenue and net profit, with a CAGR of 12.72% and 148.09% from 2021 to 2024 [12][14]. - In Q1 2025, revenue and net profit increased by 32.41% and 37.61% year-on-year [12][18]. - The projected earnings per share (EPS) for 2025, 2026, and 2027 are 0.96, 1.20, and 1.42 yuan respectively [2][29]. Business Segments - The revenue from the three technology platforms reached historical highs in 2024, with MIM's revenue growing by 92.19% year-on-year, increasing its share to 38.21% of total revenue [14][19]. - The gross margins for PS, MIM, and SMC were 23.99%, 24.07%, and 21.53% respectively in 2024, indicating stable profitability [16][35]. Robotics Applications - The company has developed liquid metal flexible wheel products for robotic harmonic reducers, which have shown promising performance in initial tests [18][22]. - The company is also producing surgical robots and minimally invasive surgical electric staplers, being a preferred supplier for major international surgical robot companies [18][22]. - The company holds a 22% stake in a joint venture, focusing on axial flux motors, which are advantageous for humanoid robots and drones due to their compact size and high efficiency [22][30].

Group 1 - The company held its 17th meeting of the 8th Board of Directors on July 18, 2025, with all 9 directors participating in the voting process [1][2] - The Board approved the nomination of non-independent directors for the 9th Board, including Zhu Zhirong, Lu Debao, Hatada Ryuji, Tada Masahiro, and Yamane Yuya, with a unanimous vote of 9 in favor [2][3] - The qualifications of the nominated candidates were previously reviewed and approved by the Board's Nomination Committee [3] Group 2 - The Board also approved the nomination of independent directors for the 9th Board, including Lou Yuqi, Wu Leiming, and Yue Zhenhong, with a unanimous vote of 9 in favor [4][5] - The independent director candidates have obtained relevant training certifications and have no conflicts of interest with major shareholders or other directors [14] - The Board decided to hold the second extraordinary shareholders' meeting of 2025 on August 5, 2025, to review the proposals approved by the Board [4][5] Group 3 - The Board passed a resolution to establish a public opinion management system, with a unanimous vote of 9 in favor [4] - The specific content of the public opinion management system will be disclosed on the Shanghai Stock Exchange website [4] - The 9th Board of Directors will consist of the elected non-independent directors, 3 independent directors, and 1 employee representative director, serving a term of three years [3]

Core Views - The report maintains a positive long-term outlook on gold, copper, and aluminum, emphasizing the importance of strategic metals [1][3] - In H1 2025, domestic economic indicators show signs of bottoming out, with improvements in real estate construction and a gradual shift towards new economic drivers [4][8] - The global economic landscape is being reshaped by fluctuating interest rate expectations from the Federal Reserve and the impacts of trade wars, leading to significant changes in resource sectors [4][8] Investment Strategies - **Main Line 1: Expansion on the Denominator Side - Gold and Silver**: Focus on gold and silver, with specific attention to the performance of gold stocks and the potential for silver due to its high price ratio to gold [4][5] - **Main Line 2: Improvement on the Numerator Side - Aluminum, Copper, Tin**: Anticipate continued high profitability in aluminum due to falling costs, while remaining cautious of potential short-term demand weakness [4][7] - **Main Line 3: Key Strategic Metals**: Highlighting opportunities in rare earths and other strategic metals amid US-China tensions, particularly in six key strategic metals [4][7] - **Main Line 4: Supply-Side Disruptions from Anti-Competition**: The report suggests that supply-side constraints in sectors like lithium carbonate may present attractive bottom-fishing opportunities [4][7] Market Performance - The CRB metal spot index increased by 7.08% from the beginning of 2025 to June 30, 2025, indicating a general upward trend in metal prices [9][10] - Gold prices surged by 23.93% during the same period, driven by expectations of a Federal Reserve rate cut [12][14] - Industrial metals, particularly tin and copper, saw significant price increases of 19.91% and 15.59% respectively, while zinc prices fell by 5.55% [16][19] Supply and Demand Dynamics - Global copper inventories saw a significant reduction, with LME copper stocks decreasing by 66.17% by June 30, 2025 [21][69] - The report anticipates limited growth in global copper supply due to insufficient capital expenditure in mining, projecting only a 2.3% increase in global copper production in 2025 [62][64] - The refined copper market is expected to remain slightly short, with a projected demand growth of 7.1% for 2025, supporting a high price center for copper [69] Sector Performance - The non-ferrous metal sector outperformed the broader market, with a cumulative increase of 19.17% from January to June 2025, compared to a 5.6% rise in the Shanghai Composite Index [38][40] - Sub-sectors such as tungsten, gold, and rare earths performed particularly well, with respective increases of 39.64%, 33.57%, and 31.88% [42][44] - Companies closely tied to resource price fluctuations, particularly in gold and rare earths, showed strong performance, while midstream processing companies faced challenges due to weak downstream demand [44]

Meeting Information - The second extraordinary general meeting of shareholders for 2025 will be held on August 5, 2025, at 14:30 [1] - The meeting will utilize the Shanghai Stock Exchange's online voting system for shareholder voting [1] - The record date for shareholders to participate is July 29, 2025 [1] Voting Procedures - The meeting will combine on-site and online voting methods [1] - Online voting will be available on August 5, 2025, during specific trading hours [1][2] - Shareholders can vote through the trading system or the internet voting platform, with identity verification required for first-time users [2][3] Meeting Agenda - The meeting will review proposals that have been approved by the board of directors on July 18, 2025 [2] - There are no related shareholders that need to abstain from voting [2] Attendance Requirements - Shareholders registered by the record date are entitled to attend the meeting and may appoint a proxy [5] - Registration for attendance must be completed by August 4, 2025, with specific documentation required [5][6] Additional Information - The meeting is expected to last half a day, and attendees will bear their own travel and accommodation costs [7] - Contact information for inquiries is provided, including phone and email [7]

东睦新材料集团股份有限公司 舆情管理制度 东睦新材料集团股份有限公司 舆情管理制度 第一章 总 则 第一条 为规范东睦新材料集团股份有限公司（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、商业信誉及正常生产经营活 动造成的影响，切实保护投资者合法权益，公司根据《上海证券交易所股票上市规则》、《上市 公司监管指引第 10 号——市值管理》等法律、法规，以及《东睦新材料集团股份有限公司章程》 （以下简称"公司章程"）的有关规定，结合公司实际，制定本制度。 （三）可能或者已经影响社会公众投资者投资取向，造成股价异常波动的信息； （四）其他涉及公司信息披露且可能对公司股票及其衍生品交易价格产生较大影响的事件信 息。 第三条 本制度适用于公司及合并报表范围内的各控股子公司。 第二章 舆情管理的组织体系及工作职责 第四条 公司应对各类舆情实行统一领导、统一组织、快速反应、协同应对。 第二条 本制度所称舆情包括： （一）报刊、电视、网络等媒体对公司进行的负面报道、不实报道； （二）社会上存在的已经或将给公司造成不良影响的传言或信息； 第五条 公司设立舆情管理工作领导小 ...

东睦新材料集团股份有限公司 独立董事提名人声明与承诺 提名人东睦新材料集团股份有限公司董事会，现提名吴雷鸣 为东睦新材料集团股份有限公司第九届董事会独立董事候选人， 并已充分了解被提名人职业、学历、职称、详细的工作经历、全 部兼职、有无重大失信等不良记录等情况。被提名人已同意出任 东睦新材料集团股份有限公司第九届董事会独立董事候选人（参 见该独立董事候选人声明）。提名人认为，被提名人具备独立董 事任职资格，与东睦新材料集团股份有限公司之间不存在任何影 响其独立性的关系，具体声明并承诺如下： 一、被提名人具备上市公司运作的基本知识，熟悉相关法律、 行政法规、规章及其他规范性文件，具有 5 年以上会计、财务、 管理等履行独立董事职责所必需的工作经验。 被提名人已参加培训并取得深圳证券交易所颁发的《上市公 司独立董事资格证书》。 二、被提名人任职资格符合下列法律、行政法规和部门规章 的要求： （一）《中华人民共和国公司法》关于董事任职资格的规定； （二）《中华人民共和国公务员法》关于公务员兼任职务的 规定（如适用）； 辞去公职或者退（离）休后担任上市公司、基金管理公司独立董 事、独立监事的通知》的规定（如适用）； ...

东睦新材料集团股份有限公司 独立董事提名人声明与承诺 提名人东睦新材料集团股份有限公司董事会，现提名楼玉琦 为东睦新材料集团股份有限公司第九届董事会独立董事候选人， 并已充分了解被提名人职业、学历、职称、详细的工作经历、全 部兼职、有无重大失信等不良记录等情况。被提名人已同意出任 东睦新材料集团股份有限公司第九届董事会独立董事候选人（参 见该独立董事候选人声明）。提名人认为，被提名人具备独立董 事任职资格，与东睦新材料集团股份有限公司之间不存在任何影 响其独立性的关系，具体声明并承诺如下： 一、被提名人具备上市公司运作的基本知识，熟悉相关法律、 行政法规、规章及其他规范性文件，具有 5 年以上法律、经济、 会计、财务、管理或者其他履行独立董事职责所必需的工作经验。 被提名人已参加培训并取得上海证券交易所颁发的《上市公 司独立董事资格证书》。 （四）中共中央纪委、中共中央组织部《关于规范中管干部 辞去公职或者退（离）休后担任上市公司、基金管理公司独立董 事、独立监事的通知》的规定（如适用）； 二、被提名人任职资格符合下列法律、行政法规和部门规章 的要求： （一）《中华人民共和国公司法》关于董事任职资格的规定； ...