Core Viewpoint - The newly revised "Management Measures for Information Disclosure of Listed Companies" has been officially implemented on July 1, 2023, incorporating recent regulatory practices and enhancing supervision of key matters [1][4]. Summary by Sections Implementation of New Regulations - The revised information disclosure measures were publicly solicited for opinions in December 2024 and officially released on March 28, 2023 [1]. - Key changes include strengthened risk disclosure requirements, increased regulation on outsourcing of information disclosure, and an adjustment of the maximum penalty to 100,000 yuan [1]. Companies Facing Penalties - On the first day of the new regulations, *ST Wan Fang and Ren Ren Le were publicly reprimanded for information disclosure issues [4][5]. - *ST Wan Fang initially forecasted a net profit of 20 million to 25 million yuan for 2024 but later revised it to a loss, leading to a public reprimand for failing to disclose accurate performance forecasts [4]. - Ren Ren Le also faced similar issues, with a significant discrepancy between its profit forecast and the audited results, resulting in a public reprimand [5]. Regulatory Actions and Statistics - In June, 18 companies were subjected to regulatory measures related to information disclosure, including failures in timely and accurate reporting [8]. - Specific companies like Jun Yao Health and Long Yang Technology were noted for not meeting disclosure standards in their performance forecasts [8]. - Two companies, Mei Chen Technology and Song Cheng Performing Arts, were penalized for accounting errors that led to inaccurate disclosures [9][11]. Additional Company Cases - ST Jing Gu received a regulatory letter regarding asset freezing and the need for risk disclosure, aligning with the new regulations' emphasis on risk factors [6][7]. - Companies like Heng Bang and Jing Yi failed to disclose critical information, receiving regulatory letters for their omissions [12]. Conclusion - The new information disclosure regulations aim to enhance transparency and accountability among listed companies, with immediate repercussions observed in the market [1][4][8].

证券代码：600114 股票简称：东睦股份 编号：2025-060 东睦新材料集团股份有限公司 NBTM NEW MATERIALS GROUP Co., Ltd. 关于山西东睦磁电有限公司签订国有建设 用地使用权出让合同的公告 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。 一、对外投资概述 2022年8月9日，东睦新材料集团股份有限公司（以下简称"公司"） 第八届董事会第二次会议和第八届监事会第二次会议分别审议通过了《关 于对外投资暨购买土地使用权的议案》，同意公司在山西运城投资设立全 资子公司山西东睦磁电有限公司（以下简称"山西磁电公司"或"受让 人"）并实施"年产6万吨软磁材料产业基地项目"，公司拟使用自有或 自筹资金购买临猗现代农业产业示范区内约150亩土地使用权用于该项目 建设（具体位置以规划条件为准，面积以国土部门实际测量面积为准）， 公司将根据项目规划和实施进度分期投入资金。同时在该项目地块西侧预 留50亩土地，公司自协议签订三年内具有优先购买权。公司独立董事对该 事项发表了同意的独立意见。 截至202 ...

Summary of Key Points from Conference Call Records Industry Overview - The non-ferrous metals market is experiencing a bull market driven by demand from new energy, high-end materials, and supply constraints due to dual carbon policies, pandemic impacts, and trade frictions. This has led to tight supply of metals like copper and aluminum, supporting high profits [1][2][6] - The small metals market, including molybdenum, rare earths, selenium, and uranium, is seeing price increases due to growing demand from high-end manufacturing and supply limitations. Molybdenum prices have surged significantly since 2016, reflecting the increasing demand from China's high-end manufacturing sector [1][3][4] Key Companies and Their Performance - **Dongmu Co.**: - In the automotive sector, Dongmu's powder metallurgy gear business has shown continuous growth for 67 years, with a 18% growth rate in Q1 2025. - In the consumer electronics sector, partnerships with major companies like Huawei, Apple, and Samsung are expected to drive revenue growth from 2 billion yuan last year to 3 billion yuan this year, a 50% increase [7][8] - In the robotics sector, Dongmu is the only company capable of mass-producing disc motors, with expected revenue growth from 10 million yuan last year to 40-50 million yuan this year [9] - **Longi Technology**: - Achieved qualification as a supplier for AI chip inductors, marking its transition from a raw materials company to a device company. The automotive inductor business is gradually ramping up, laying the foundation for future growth [10] - **Bokang New Materials**: - The only company capable of producing high-end nano powders below 80 nanometers, with expected demand growth of 10 times in the coming years. Also, it is one of the few companies able to produce photovoltaic copper paste as a silver paste substitute, which could significantly impact revenue and profits [11] Market Dynamics - The copper market in 2025 is facing supply disruptions due to various factors, including damage to Freeport-McMoRan's smelting plant in Indonesia, leading to a reduction of 100,000 tons in copper output. Overall, the expected increase in copper supply has dropped from 500,000-600,000 tons to 200,000-300,000 tons [13] - Copper consumption is projected to grow by 2.8% to 3% in 2025, shifting the market from a previously expected surplus of 100,000 tons to a potential deficit of 100,000-200,000 tons [14] - The aluminum industry is expected to maintain a tight balance despite a slight decline in photovoltaic demand, with prices projected to fluctuate between 20,000 and 21,000 yuan [18] Strategic Metals Insights - The small metals sector, including tin, molybdenum, tungsten, and others, is expected to see significant investment opportunities due to their strategic value and increasing demand driven by geopolitical factors [19][20] - The uranium market is experiencing stable growth, with demand expected to increase by 3% to 5% annually due to the expansion of nuclear power in countries like China and the U.S. [21] - The supply side of the uranium market is characterized by high concentration and vulnerability, with Kazakhstan, Canada, and Namibia dominating global supply [22] Rare Earth Market Analysis - China maintains a dominant position in the global rare earth market, controlling 70% of mining and over 90% of refining and separation capacity. A slowdown in quota growth could lead to supply tightness and price support [29][35] - The consumption potential for rare earth magnets is significant, particularly in humanoid robots, with projections indicating a compound annual growth rate exceeding 14% over the next three years [30] Conclusion - The non-ferrous metals and strategic metals markets are poised for growth driven by technological advancements and supply constraints. Companies with strong positions in high-demand sectors, such as Dongmu and Bokang, are well-positioned for future profitability. The overall market dynamics suggest a favorable environment for investment in these sectors, particularly in light of geopolitical factors and evolving technological needs.

General Principles - The purpose of the rules is to standardize the decision-making procedures of the board of directors and improve the efficiency and scientific decision-making level of the board [1][2] - The board of directors is the decision-making body for the company's management, responsible for the company's development goals and major operational activities [1] Board Composition - The board consists of 9 directors, including 3 independent directors and 6 non-independent directors (including 1 employee representative) [1] - Directors serve a term of 3 years and can be re-elected [2] Board Powers - The board has the authority to convene shareholder meetings and report on its work [4] - It can formulate plans for capital increases or decreases, issue bonds, and make decisions on major acquisitions, mergers, and changes in company structure [4] - The board is responsible for internal management structure decisions and the appointment or dismissal of senior management [4] Chairman's Powers - The chairman presides over shareholder meetings and board meetings, executes shareholder resolutions, and decides on the company's operational plans and investment schemes [6][7] - The chairman also manages information disclosure and proposes the appointment or replacement of the company's auditing firm [7] Meeting Procedures - The board meets at least twice a year, with meetings called by the chairman [8] - Regular meetings include an annual meeting within 120 days after the fiscal year-end and a mid-term meeting within 60 days after the first half of the fiscal year [8] - Special meetings can be called based on proposals from shareholders or directors [9] Voting and Decision-Making - A quorum requires the presence of more than half of the directors, and decisions are made by a majority vote [15] - Special resolutions require a two-thirds majority of all directors [22] Record Keeping - Meeting resolutions and records must be signed by attending directors and kept for at least 10 years [24] - Meeting records include details such as the date, attendees, agenda, and voting results [26] Major Operational Decisions - The board has specific thresholds for making decisions on external investments and asset transactions, including a threshold of 10% of total assets or amounts exceeding 10 million yuan [27][16] - Related party transactions exceeding 5 million yuan and certain guarantees also require board approval [16] Related Transactions - The board must adhere to regulations regarding related party transactions during meetings [28] Amendments and Effectiveness - The rules can be amended based on actual circumstances and require approval from the shareholders' meeting to take effect [30][31]

Core Viewpoint - The legal opinion confirms that the 2025 First Extraordinary General Meeting of Dongmu New Materials Group Co., Ltd. was convened and conducted in accordance with relevant laws and regulations, and the resolutions passed are deemed legal and valid [1][29]. Group 1: Meeting Procedures - The meeting was convened by the company's board of directors, with a notice published more than 15 days prior to the meeting date [2][3]. - The meeting utilized a combination of on-site and online voting methods, with specific time slots for online voting [3][29]. Group 2: Attendance and Voting - A total of 2 shareholders attended the meeting in person, representing 65,911,200 shares, which is a significant portion of the total shares [3][4]. - The voting results showed overwhelming support for the resolutions, with the majority of votes in favor exceeding 99% [5][6][29]. Group 3: Resolutions Passed - The resolutions discussed and voted on were within the authority of the shareholders' meeting and consistent with the agenda published in the notice [5][29]. - Specific resolutions included approval of related party transactions, with voting results indicating strong approval from both major and minority shareholders [6][17][29].

东睦新材料集团股份有限公司 董事会议事规则 东睦新材料集团股份有限公司 董事会议事规则 （2025 年第 2 次修订） 第一章 总 则 第一条 为健全和规范东睦新材料集团股份有限公司（以下简称"公司"）董事会议事和决策 程序，保证公司董事会依法行使职权，根据《中华人民共和国公司法》（以下简称"《公司法》"）、 《上市公司治理准则》、《上海证券交易所股票上市规则》以及《东睦新材料集团股份有限公司》 （以下简称"公司章程"）的有关规定，并结合本公司的实际情况，制定本规则。 第二条 董事会是公司经营管理的决策机构，维护公司和全体股东的利益，负责公司发展目标 和重大经营活动的决策。 第三条 制定本议事规则的目的是规范公司董事会议事程序，提高董事会工作效率和科学决策 水平。 第四条 公司董事会由 9 名董事组成，其中独立董事 3 人，非独立董事 6 人（含职工董事 1 人，由员工代表大会或工会委员会等民主选举产生）；设董事长 1 人，副董事长 1 人。 非由职工代表担任的董事由股东会选举或更换，任期 3 年，并可在任期届满前由股东会决议 解除其职务，决议作出之日解任生效。由职工代表担任的董事由公司员工代表大会或工会委员 ...

聚粉末之力 创绿色未来 东睦新材料集团股份有限公司 章 程 （2025 年第 2 次修订） | 第一章 | 总则 2 | | | --- | --- | --- | | 第二章 | 经营宗旨和范围 | 3 | | 第三章 | 股份 3 | | | 第一节 | 股份发行 3 | | | 第二节 | 股份增减和回购 4 | | | 第三节 | 股份转让 6 | | | 第四章 | 股东和股东会 | 7 | | 第一节 | 股东的一般规定 7 | | | 第二节 | 股东会的一般规定 | 11 | | 第三节 | 股东会的召集 13 | | | 第四节 | 股东会的提案与通知 | 14 | | 第五节 | 股东会的召开 16 | | | 第六节 | 股东会的表决和决议 | 18 | | 第五章 | 董事和董事会 | 23 | | 第一节 | 董事的一般规定 23 | | | 第二节 | 董事会 26 | | | 第三节 | 独立董事 32 | | | 第四节 | 董事会专门委员会 | 34 | | 第六章 | 总经理及其他高级管理人员 37 | | | 第七章 | 财务会计制度、利润分配和审计 42 | | | 第 ...

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"）行为，保证股东会依法 行使职权，根据《中华人民共和国公司法》（以下简称"《公司法》"）、《中华人民共和国证 券法》（以下简称"《证券法》"）、《上市公司股东会规则》等相关法律、法规以及《东睦新 材料集团股份有限公司》（以下简称"公司章程"）的规定，制定本规则。 第二条 公司应当严格按照法律、行政法规、公司章程及本规则的相关规定召开股东会，保 证股东能够依法行使权利。 公司董事会应当切实履行职责，认真、按时组织股东会。公司全体董事应当勤勉尽责，确保 股东会正常召开和依法行使职权。 第三条 股东会应当在《公司法》、《上市公司股东会规则》和公司章程规定的范围内行使 职权。 第四条 公司股东会由全体股东组成。股东会是公司的权力机构，依法行使下列职权： 东睦新材料集团股份有限公司 股东会议事规则 东睦新材料集团股份有限公司 股东会议事规则 （2025年第2次修订） （一）选举和更换董事，决定有关董事的报酬事项； 股东会可以授权董事会对发行公司债券作出决议。除法律、行政法规、中国证监会规定或上 海证券交易所规则另有规定外，前款规定的股东会职权不得通 ...

证券代码：600114 股票简称：东睦股份 编号：2025-058 东睦新材料集团股份有限公司 NBTM NEW MATERIALS GROUP Co., Ltd. 关于子公司变更法定代表人并完成工商变更 登记的公告 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。 一、子公司变更法定代表人情况 2025年3月28日，东睦新材料集团股份有限公司（以下简称"公 司"）第八届董事会第十三次会议审议通过了《关于调整子公司董事的议 案》，董事会同意对部分子公司董事会及董事人选进行调整，其中广东东 睦新材料有限公司继续保留董事会，董事会同意委派闫增儿、何灵敏和肖 亚军担任其董事；具体由各子公司根据章程约定，履行相应的变更程序。 具 体 内 容 详 见 公 司 于 2025 年 3 月 29 日 在 上 海 证 券 交 易 所 网 站 （www.sse.com.cn）披露的相关信息，公告编号：2025-019。 二、子公司变更完成情况 近日，广东东睦新材料有限公司已办理完成法定代表人变更等相关工 商登记手续，并取得了换发后的《营业执 ...

证券代码：600114 证券简称：东睦股份 公告编号：2025-059 东睦新材料集团股份有限公司 (三) 出席会议的普通股股东和恢复表决权的优先股股东及其持有股份情况： | 1、出席会议的股东和代理人人数 | 314 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 119,934,065 | | 3、出席会议的股东所持有表决权股份数占公司有表决权股 | 19.4577 | | 份总数的比例（%） | | (四) 表决方式是否符合《公司法》及《公司章程》的规定，大会主持情况等。 本次股东会由公司董事会召集，会议由公司董事长朱志荣先生主持。会议表 决方式符合《公司法》和《公司章程》的有关规定。 (五) 公司董事、监事和董事会秘书的出席情况 2025年第一次临时股东会决议公告 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法律责任。 重要内容提示： 本次会议是否有否决议案：无 一、 会议召开和出席情况 3、 董事会秘书肖亚军先生出席了本次股东会；公司全体高管均列席了本次 股东会。 1 (一) 股东会召 ...