Company Announcements - Tonglin Co., Ltd. has no business related to graphene industry [1] - Hemei Group plans to invest in the construction of the Qinyuan Qiaolonggou Comprehensive Energy Island Project [1] - Huayi Technology is planning to issue H-shares and list on the Hong Kong Stock Exchange [1] - Wencheng International has won the core smart warehouse operation service project for a well-known cross-border e-commerce platform in East China [1] - Xingfa Group intends to acquire 50% equity of Qiaogou Mining for 855 million yuan [1] - Koweil has completed the repurchase of 1.1788% of its shares [1] - Tianfu Communication reported a net profit of 899 million yuan in the first half of the year and plans to distribute 5 yuan per 10 shares [1] - Huayang Lianzhong's controlling shareholder, Xiangjiang Group, plans to increase its stake by 1% to 2% [1][2] - Hengsheng Electronics' director Jiang Jiansheng plans to reduce his stake by no more than 0.42% [1][2] - Tanshijia plans to raise no more than 1.93 billion yuan through a private placement to its actual controller Li Ming and his controlled enterprise Tongyu Huying [1][2] - Jingu Co., Ltd. has received a notification for the low-carbon wheel project from Avatar [1][2] Performance Highlights - Tianfu Communication reported a net profit of 899 million yuan in the first half of the year [1] - Hisense Visual reported a net profit of 1.056 billion yuan in the first half of the year, representing a year-on-year increase of 26.63% [1]

证券代码：600141 证券简称：兴发集团 公告编号：临 2025-042 转债代码：110089 转债简称：兴发转债 湖北兴发化工集团股份有限公司 关于收购保康县尧治河桥沟矿业有限公司 50%股权的 公告 本公司董事会、全体董事及相关股东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： ? 交易简要内容：湖北兴发化工集团股份有限公司（以下简称"公司"） 全资子公司保康楚烽化工有限责任公司（以下简称"保康楚烽"）拟以现金方 式收购湖北尧治河化工股份有限公司（以下简称"尧化股份"）持有的保康县 尧治河桥沟矿业有限公司（以下简称"桥沟矿业"）50%股权，交易对价为 将成为公司的全资孙公司。 ? 本次交易不构成关联交易。 ? 本次交易不构成重大资产重组。 ? 交易实施尚需履行的审批及其他相关程序：本次交易已于 2025 年 8 月 ? 风险提示：桥沟矿业旗下核心资产桥沟磷矿尚处于采矿工程建设初期， 安全生产许可证尚未取得，未来能否取得及何时取得，以及未来正常经营后能 否获得良好利润，受行业政策及市场供需等多方面因素影响，存在不确定性， 敬请 ...

Group 1 - The audit report indicates that the financial statements of Baokang County Yaozhihhe Qiaogou Mining Co., Ltd. fairly reflect its financial position as of March 31, 2025, and its operating results and cash flows for the first quarter of 2025 [1][2] - The company was established on April 13, 2010, with a registered capital of RMB 10 million, which was later increased to RMB 100 million after additional contributions [2][3] - The company operates in the processing and sales of phosphate ore and barite [2][3] Group 2 - The financial statements are prepared based on the going concern assumption and comply with the relevant accounting standards [2][3] - The company follows the accrual basis of accounting and uses historical cost for measurement, except for certain financial instruments measured at fair value [2][3] - The company recognizes revenue when control of the goods is transferred to the customer, and it identifies performance obligations in contracts with customers [30][31] Group 3 - The company assesses expected credit losses for financial assets based on a three-stage model, considering the credit risk changes since initial recognition [13][14] - Inventory is measured at the lower of cost and net realizable value, and the weighted average method is used to determine the cost of inventory issued [17][18] - Long-term equity investments are accounted for using the cost method or equity method depending on the level of control or influence [19][20]

Group 1 - The company disclosed its major operating data for the first half of 2025, including production, sales, and revenue figures for key products [1] - The production and sales volumes for special chemicals were 260,200 tons and 269,100 tons, respectively, generating revenue of 2.61454 billion yuan [1] - The company reported a decrease in production and sales for pesticides, with volumes of 117,900 tons and 130,100 tons, leading to revenue of 2.56837 billion yuan [1] Group 2 - The fertilizer segment showed a production volume of 701,600 tons and sales of 603,100 tons, with revenue reaching 1.92440 billion yuan [1] - Organic silicon products had a production volume of 169,500 tons and sales of 143,700 tons, resulting in revenue of 1.36943 billion yuan [1] - Price changes for key products included a decrease of 7.06% for special chemicals and 7.83% for pesticides, while fertilizers saw a price increase of 5.61% [1] Group 3 - The company also reported price changes for major raw materials, with sulfur showing a significant increase of 106.72% [1] - The price of pure soda decreased by 31.25%, while the price of industrial salt decreased by 14.96% [1] - The price of methanol used in organic silicon production decreased by 2.52%, indicating mixed trends in raw material costs [1]

| 湖北兴发化工集团股份 | | | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 有限公司－2024 | | 年员工 | 未知 | 1.64 | 18,068,253 | | 0 | 无 | | 0 | | 持股计划 | | | | | | | | | | | | 境内自然 | | | | | | | | | | | | 钟兵 | | | 1.39 | 15,360,497 | | 0 | 未知 | | 0 | | | 人 | | | | | | | | | | | | 中国太平洋人寿保险股 | | | | | | | | | | | | 份有限公司－传统－普 | | | 未知 | 1.22 | 13,475,296 | | 0 | 未知 | | 0 | | 通保险产品 | | | | | | | | | | | | 湖北兴发化工集团股份 | | | | | | | | | | | | 有限公司－2025 | | 年员工 | 未知 | 1.19 | 13,083,300 | | 0 ...

证券代码：600141 证券简称：兴发集团 公告编号：临 2025-043 转债代码：110089 转债简称：兴发转债 湖北兴发化工集团股份有限公司 关于对全资子公司增资的公告 为满足保康楚烽经营发展需要，提高整体运营能力和综合竞争力，促进公 司可持续发展，公司拟对保康楚烽增资8.35亿元，其中保康楚烽未分配利润转 增注册资本3.35亿元，公司以自有资金向保康楚烽增资5亿元。本次增资完成 后，保康楚烽的注册资本将变更为10亿元。 （二）董事会审议情况 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： ●增资标的：湖北兴发化工集团股份有限公司（以下简称"公司"）全资 子公司保康楚烽化工有限责任公司（以下简称"保康楚烽"） ●增资金额：8.35 亿元，其中保康楚烽未分配利润转增注册资本 3.35 亿 元，公司以自有资金向保康楚烽增资 5 亿元。本次增资完成后，保康楚烽的注 册资本变更为 10 亿元。 ●本次增资事项已经公司第十一届董事会第十次会议审议通过 ●本次增资事项不构成关联交易，亦不构成《上市公司重大资产 ...

Core Points - The report details the fundraising and usage of proceeds from the convertible bonds issued by the company, amounting to a total of RMB 2.8 billion, with a net amount of RMB 2.78 billion after deducting fees [1][2] - As of June 30, 2025, the balance of the fundraising account was RMB 69.6 million, with RMB 83.9 million used for investment projects and RMB 40 million for working capital [1][2] - The company has made changes to the implementation subjects and locations of certain fundraising projects to optimize management and reduce costs [2][5] Fundraising Overview - The company was approved to issue 28 million convertible bonds at a face value of RMB 100 each, raising a total of RMB 2.8 billion [1] - After deducting underwriting fees and other related costs, the net proceeds amounted to RMB 2.78 billion, which was fully received by September 28, 2022 [1] - The account balance as of December 31, 2024, was RMB 53.35 million, which increased to RMB 69.6 million by June 30, 2025 [1][2] Fundraising Management - The company has established multiple agreements with banks for the management of the fundraising account, ensuring compliance with regulatory requirements [1][2] - The company has adhered to the regulations set by the China Securities Regulatory Commission and the Shanghai Stock Exchange regarding the use and management of the funds [1][2] Actual Use of Funds - A total of RMB 8.39 million was invested in fundraising projects in the first half of 2025, while RMB 40 million was used to supplement working capital [1][2] - The company plans to temporarily use up to RMB 30 million of idle funds for working capital, with a commitment to return the funds to the special account before the due date [2][5] Changes in Fundraising Projects - Due to strategic adjustments in the silicon-based new materials industry, the company has changed the implementation subjects and locations for certain projects, including the "80,000 tons/year functional silicone rubber project" [2][5] - The company has approved the merger of subsidiaries to streamline operations and improve efficiency, with the investment amounts and project plans remaining unchanged [2][5] Issues in Fundraising Usage and Disclosure - The company has disclosed its fundraising usage and management in accordance with relevant regulations, ensuring timely and accurate reporting [2][5] - The report indicates that the profitability of certain projects has been affected by market conditions, including rising raw material prices and increased competition in the photovoltaic industry [5]

Core Points - The company held its 11th Board of Directors' meeting on August 25, 2025, via electronic communication, in compliance with the Company Law and Articles of Association [1][2] - The board approved the 2025 semi-annual report and its summary, with a unanimous vote of 13 in favor [1][2] - The board also approved a report on the storage and actual use of raised funds for the first half of 2025 [1] - The acquisition of a 50% stake in Baokang County Yaozhihhe Qiaogou Mining Co., Ltd. was approved, with details available in a separate announcement [2] - The board approved a capital increase for Baokang Chufeng Chemical Co., Ltd., with details also provided in a separate announcement [2] Summary by Sections Semi-Annual Report - The board reviewed and approved the 2025 semi-annual report and its summary, which has been audited by the Audit Committee [1][2] Fund Usage Report - A report on the storage and actual use of raised funds for the first half of 2025 was approved, with a detailed report available [1] Acquisition of Mining Company - The board approved the acquisition of a 50% stake in Baokang County Yaozhihhe Qiaogou Mining Co., Ltd., with the asset evaluation and audit report accessible online [2] Capital Increase - The board approved a capital increase for Baokang Chufeng Chemical Co., Ltd., with further details provided in a separate announcement [2]

Core Points - The company held its 11th Supervisory Board's 9th meeting on August 25, 2025, via electronic communication, with all five votes received and in compliance with relevant laws and regulations [1][2] - The Supervisory Board approved the 2025 semi-annual report, confirming it accurately reflects the company's operational and financial status without any false statements or omissions [1] - The Supervisory Board also approved the report on the status of fundraising and its actual use for the first half of 2025, with all votes in favor [2]

Core Viewpoint - The report highlights the financial performance and operational strategies of Hubei Xingfa Chemical Group Co., Ltd. for the first half of 2025, showcasing a stable growth trajectory in revenue and profit despite challenges in specific product segments [2][3]. Financial Performance - The company's operating income for the first half of 2025 reached approximately 14.62 billion yuan, representing a 9.07% increase compared to the same period last year [2]. - Total profit amounted to about 1.09 billion yuan, reflecting a 5.46% increase year-on-year [2]. - The net profit attributable to shareholders was approximately 665.29 million yuan, a decrease of 11.83% compared to the previous year [2][3]. - Basic earnings per share decreased by 9.59% to 0.66 yuan [3]. Business Overview - The company focuses on fine phosphorus chemicals and is transitioning towards a technology-driven green chemical new materials enterprise [3][6]. - Main products include phosphorus ore, specialty chemicals, pesticide products, organic silicon series products, and fertilizers, which are widely used in various industries such as food, agriculture, integrated circuits, automotive, and construction [3][6]. Industry Context - The global proven phosphorus ore reserves are approximately 67 billion tons, with over 80% located in Morocco and other North African regions. China ranks second globally in phosphorus resources, with proven economic reserves of about 3.24 billion tons [4][5]. - The domestic phosphorus ore industry is characterized by a concentration of resources in provinces such as Hubei, Yunnan, Guizhou, and Sichuan, with the company holding significant market influence due to its resource reserves and production capacity [5][6]. Product Segmentation - Specialty chemicals, which include high-end fine chemical products, account for a significant portion of the company's offerings, with a global market share of approximately 30% for China [6][7]. - The company has established a strong position in the electronic chemicals sector, with production capabilities that meet international standards and supply to major semiconductor clients [7][8]. - The pesticide segment, particularly glyphosate, remains a key revenue driver, with the company holding the largest production capacity in China [9][10]. Technological Innovation - The company has invested heavily in research and development, with R&D expenditures amounting to 5.41 billion yuan, representing 3.70% of operating income [13]. - Significant advancements have been made in production processes, including the successful trial of a new ethylene-based production line for ethyl mercaptan and ongoing optimization of phosphoric acid production [13][16]. Environmental and Resource Management - The company emphasizes ecological protection and green development, achieving a comprehensive reduction in emissions and resource utilization efficiency [19]. - It has established a robust supply chain management system, optimizing procurement and production processes to ensure cost-effectiveness and sustainability [3][17].