Core Viewpoint - Japanese chemical giants are actively investing in bio-based chemicals and materials while simultaneously withdrawing from other sectors, indicating a strategic shift towards sustainable materials [1] Group 1: Industry Developments - Sumitomo Chemical has successfully established mass production technology for bio-based liquid crystal polymers (LCP), with plans to launch the product by 2027 [2] - Kaneka Corporation is the first in China and the second globally to launch a new generation of low-carbon LCP materials, Vicryst® LCP CER-B, certified by ISCC PLUS [3] - Kaneka is a strong advocate for bio-based materials, showcasing its commitment at international exhibitions [4] Group 2: Product Characteristics and Applications - LCPs are specialized engineering plastics known for their excellent mechanical properties, chemical resistance, flame retardancy, and high thermal stability (200-240°C, short-term up to 300°C) [7] - LCPs are crucial for high-end applications in 5G communication, automotive power devices, and medical equipment, with over 70% market share in downstream applications [7] - LCPs are categorized into solution-oriented (L-LCP) and thermoplastic (T-LCP) types, with varying heat distortion temperatures (HDT) [8] Group 3: Market Potential and Future Trends - The demand for LCPs is expected to rise significantly with advancements in 5.5G/6G technology, increased penetration of electric vehicles, and the mass production of humanoid robots [13][15] - The anticipated demand for LCPs in high-frequency communication could reach tens of billions of square meters, indicating a potential 1000-fold increase in production capacity [14] - In the automotive sector, the need for larger connectors and improved signal quality will drive the demand for high-end LCPs [15]

Summary of Key Points Core Viewpoint - The company has announced the adjustment of guarantee limits and the provision of guarantees for its subsidiaries, indicating a strategic move to support their financing needs while maintaining control over associated risks [1][29]. Group 1: Guarantee Overview - The company has signed guarantee contracts with China Minsheng Bank for its subsidiaries, including a maximum guarantee of RMB 39.5 million for Ningbo Jinfa New Materials Co., Ltd. and RMB 7 million for Guangdong Jinfa Technology Co., Ltd. [2][19] - The total new guarantee amount provided by the company is RMB 39.05 million, with existing guarantees totaling RMB 6.081 billion [3][4]. Group 2: Financial Details - As of June 10, 2025, the company's total external guarantees amount to RMB 232.2 billion, which exceeds 129.27% of the audited net assets for 2024 [29]. - The company has adjusted the guarantee limit for its subsidiary Liaoning Jinfa Technology Co., Ltd. from RMB 9.5 billion to RMB 9.48 billion, while providing a new guarantee of RMB 2 million to Guangdong Hengqin Jinfa Supply Chain Management Co., Ltd. [4][5]. Group 3: Subsidiary Information - Ningbo Jinfa New Materials Co., Ltd. is a wholly-owned subsidiary with a registered capital of RMB 3.43 billion, focusing on the production of polypropylene synthetic resin and related products [6][7]. - Guangdong Jinfa Technology Co., Ltd. is also a wholly-owned subsidiary with a registered capital of RMB 355.06 million, specializing in modified plastics and protective equipment [8][9]. - Guangdong Hengqin Jinfa Supply Chain Management Co., Ltd. is a controlled subsidiary with a registered capital of RMB 50 million, engaged in supply chain management services [10]. Group 4: Risk Management and Approval - The guarantees provided are within the limits approved by the company's shareholders, and no additional board or shareholder meetings are required for this adjustment [5][28]. - The company maintains effective management and oversight of its subsidiaries, ensuring that the risks associated with these guarantees are manageable [27][28].

金发科技股份有限公司 关于担保额度调剂及为控股子公司提供担保的进展公告 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。 证券代码：600143 证券简称：金发科技 公告编号：2025-056 重要内容提示: 特别风险提示：截至 2025 年 6 月 10 日，公司及其子公司对外担保总额 超过 2024 年经审计净资产 100%，对外担保余额超过 2024 年经审计净资产 50%， 均系公司对控股子公司提供的担保；本次被担保人资产负债率均超过 70%，敬请 广大投资者注意相关风险。 一、担保情况概述 （一）担保情况 近日，因金发科技股份有限公司（以下简称"公司"或"金发科技"）控股 子公司向银行申请融资、结算、外汇及金融衍生品交易等事宜，公司与中国民生 银行股份有限公司宁波分行（以下简称"民生银行宁波分行"）签署《最高额保 证合同》，为宁波金发新材料有限公司（以下简称"宁波金发"）提供最高额连 1 被担保人：（1）宁波金发新材料有限公司；（2）广东金发科技有限公 司；（3）广东横琴金发供应链管理有限公司 本次担保是否为关联担保： ...

关于金发科技股份有限公司 差异化权益分派事项的 法 律 意 见 书 广东南国德赛律师事务所 关于金发科技股份有限公司 差异化权益分派事项的 法律意见书 广东南国德赛律师事 致：金发科技股份有限公司 广东南国德赛律师事务所接受金发科技股份有限公司（简称"公司"）的委托，根据 《中华人民共和国公司法》（简称"《公司法》"）、《中华人民共和国证券法》（简称 "《证券法》"）、《上市公司股份回购规则》（简称"《回购规则》"）、《上海证券 交易所上市公司自律监管指引第 7 号——回购股份》（简称"《监管指引第 7 号》"）等 有关法律、法规和规范性法律文件以及《金发科技股份有限公司章程》（简称"《公司章 程》"）的相关规定，就本次差异化权益分派相关事宜出具本法律意见书。 本所为出具本法律意见书，特就有关事项声明如下： 1、本所律师根据《公司法》《证券法》《律师事务所从事证券法律业务管理办法》 《律师事务所证券法律业务执业规则》等有关法律、法规和规范性文件的有关规定，按照 律师行业公认的业务标准、道德规范和勤勉尽责精神出具本法律意见书。 2、本所律师承诺，已依据本法律意见书出具日以前已发生或存在的事实和我国现行 法律、法 ...

证券代码：600143 证券简称：金发科技 公告编号：2025-055 金发科技股份有限公司 2024年年度权益分派实施公告 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： 每股分配比例 A 股每股现金红利0.1元（含税） 相关日期 | 股份类别 | 股权登记日 | 最后交易日 | 除权（息）日 | 现金红利发放 | | --- | --- | --- | --- | --- | | | | | | 日 | | Ａ股 | 2025/6/17 | － | 2025/6/18 | 2025/6/18 | 差异化分红送转： 是 一、 通过分配方案的股东大会届次和日期 本次利润分配方案经公司2025 年 5 月 20 日的2024年年度股东大会审议通过。 二、 分配方案 根据《中华人民共和国公司法》《中华人民共和国证券法》《上海证券交易 所上市公司自律监管指引第 7 号——回购股份》等相关法律、行政法规、部门规 章及其他规范性文件以及《公司章程》的有关规定，公司存放于回购专用证券账 户的股份不参与利润分配。 3. 差异 ...

Core Viewpoint - The legal opinion letter issued by Guangdong Nanguo Desai Law Firm confirms that the differentiated equity distribution plan of Jinfat Technology Co., Ltd. complies with relevant laws and regulations, ensuring no harm to the interests of the company and its shareholders [1][6]. Group 1: Differentiated Equity Distribution - The company plans to distribute a cash dividend of RMB 0.10 per share (tax included) to all shareholders based on the total share capital after deducting shares in the repurchase account [3][5]. - As of May 26, 2025, the total share capital of the company is 2,636,612,697 shares, with 61,979,417 shares in the repurchase account, resulting in 2,574,633,280 shares eligible for distribution [5][6]. - The company will not conduct capital reserve transfers or issue bonus shares this year [5][6]. Group 2: Legal Compliance and Verification - The law firm has conducted thorough verification and guarantees that the legal opinion letter does not contain false records, misleading statements, or significant omissions [2][4]. - The differentiated equity distribution is based on the provisions of the Company Law, Securities Law, and relevant regulations, ensuring that shares in the repurchase account do not enjoy rights such as voting, profit distribution, or capital increase [4][6]. - The law firm concludes that the differentiated equity distribution plan aligns with the company's articles of association and relevant legal frameworks [6].

Core Points - The company announced a cash dividend of RMB 0.1 per share (before tax) for its A shares [1][2] - The dividend distribution plan was approved at the annual shareholders' meeting on May 20, 2025 [2] - The total cash dividend to be distributed amounts to RMB 257,463,328 (before tax) based on the actual participating shares [2][3] Dividend Distribution Details - The record date for the dividend is June 17, 2025, with the last trading day and ex-dividend date both on June 18, 2025 [2][3] - The total share capital for the dividend calculation is 2,636,612,697 shares, with 61,979,417 shares excluded from the distribution due to being held in a repurchase account [2][3] - The actual participating shares for the dividend distribution are 2,574,633,280 shares [2][3] Taxation Information - For individual shareholders holding unrestricted shares, the actual cash dividend received will be RMB 0.1 per share, with personal income tax withheld based on holding periods [4][5] - For qualified foreign institutional investors (QFII), a 10% corporate income tax will be withheld, resulting in a net dividend of RMB 0.09 per share [5] - Hong Kong investors through the Stock Connect will also receive a net dividend of RMB 0.09 per share after a 10% tax withholding [5] Contact Information - Shareholders with inquiries regarding the dividend distribution can contact the company's board office at 020-66818881 [6]

广东南国德赛律师事务所 关于金发科技股份有限公司 差异化权益分派事项的 法律意见书 广东南国德赛律师事 关于金发科技股份有限公司 差异化权益分派事项的 法 律 意 见 书 致：金发科技股份有限公司 广东南国德赛律师事务所接受金发科技股份有限公司（简称"公司"）的委托，根据 《中华人民共和国公司法》（简称"《公司法》"）、《中华人民共和国证券法》（简称 "《证券法》"）、《上市公司股份回购规则》（简称"《回购规则》"）、《上海证券 交易所上市公司自律监管指引第 7 号——回购股份》（简称"《监管指引第 7 号》"）等 有关法律、法规和规范性法律文件以及《金发科技股份有限公司章程》（简称"《公司章 程》"）的相关规定，就本次差异化权益分派相关事宜出具本法律意见书。 本所为出具本法律意见书，特就有关事项声明如下： 1、本所律师根据《公司法》《证券法》《律师事务所从事证券法律业务管理办法》 《律师事务所证券法律业务执业规则》等有关法律、法规和规范性文件的有关规定，按照 律师行业公认的业务标准、道德规范和勤勉尽责精神出具本法律意见书。 2、本所律师承诺，已依据本法律意见书出具日以前已发生或存在的事实和我国现行 法律、法 ...

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： 每股分配比例 证券代码：600143 证券简称：金发科技 公告编号：2025-055 金发科技股份有限公司 2024年年度权益分派实施公告 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 A 股每股现金红利0.1元（含税） 相关日期 | 股份类别 | 股权登记日 | 最后交易日 | 除权（息）日 | 现金红利发放 | | --- | --- | --- | --- | --- | | | | | | 日 | | Ａ股 | 2025/6/17 | － | 2025/6/18 | 2025/6/18 | 差异化分红送转： 是 一、 通过分配方案的股东大会届次和日期 本次利润分配方案经公司2025 年 5 月 20 日的2024年年度股东大会审议通过。 二、 分配方案 1. 发放年度：2024年年度 2. 分派对象： 截至股权登记日下午上海证券交易所收市后，在中国证券登记结算有限责任 公司上海分公司（以下简称"中国结算上海分公司"）登记在册的本公司全体股 东。 根据《中华人民共和国公司法》《中华人民共和国证券法》《上 ...

Summary of Jinfa Technology Conference Call Company Overview - **Company**: Jinfa Technology - **Industry**: New Materials, Special Engineering Plastics, Petrochemicals Key Points and Arguments Sales and Production Goals - Jinfa Technology maintains a sales target of 300,000 tons for 2025, unaffected by external market fluctuations [2][3] - The new materials segment shows improvement in biodegradable plastics, special engineering plastics, and composite materials, particularly benefiting from import substitution opportunities [2][3] Special Engineering Plastics - Special engineering plastics sales reached 24,000 tons last year, with high-temperature nylon being the largest contributor [4] - The company is constructing 15,000 tons of LCP capacity, expected to be released gradually by the end of the year [4][15] - PPSU is experiencing rapid growth due to expanded applications in consumer electronics, medical, and new energy sectors [15][16] Financial Performance - The overall profit per ton is approximately 1,000 yuan, with higher margins for overseas orders [12] - The special engineering plastics segment is expected to see a growth rate of over 30% this year, with a net profit of about 10,000 yuan per ton [16] Impact of Tariffs - Tariff changes have positively impacted special engineering plastics due to the replacement of U.S. suppliers, while the impact on sensing plastics is minimal [5] - The petrochemical segment has managed to mitigate the impact of propane price fluctuations through inventory management [5][6] Operational Developments - The Ningbo base has transitioned to solid operations, increasing polypropylene production to 900,000-1,000,000 tons with decreasing costs [9] - The integrated modification device is set to be operational in Q4, producing specialized materials for automotive applications [9] International Expansion - The overseas base layout is progressing well, with new facilities in Vietnam and Spain, and ongoing construction in Mexico and Poland [10] - The company aims to increase the overseas business proportion to over 30% in the coming years [10] Customer Base and Order Quality - New overseas orders come from industries such as automotive, home appliances, new energy, and consumer electronics, with better order quality and margins compared to domestic orders [11][12] Management and Strategy - The new management team, primarily composed of individuals born in the 1980s, has maintained a stable strategy focusing on core businesses and optimizing the supply chain [23] - The company has implemented strict performance evaluation mechanisms for the new management, including revenue, profit, and turnover rate metrics [24] Future Outlook - The company is considering expanding its polymer production capacity based on future demand, with a focus on maximizing investment returns [19][21] - Jinfa Technology is actively exploring emerging industries, such as robotics, to ensure maximum investment returns [22] Employee Incentives - The company has established a dual incentive system combining cash rewards and stock options to motivate management and retain talent [24][25][26] Additional Important Information - The company is developing a one-stop solution for humanoid robots, providing a wide range of high-temperature materials for various applications [20] - The management emphasizes a calm approach to external market changes, focusing on technological advancements to enhance product competitiveness [23]