Core Insights - The Dalian Commodity Exchange (DCE) has been promoting the "Enterprise Wind Plan" to help real enterprises bridge the gap between spot and futures markets, exemplified by the practices of Shaanxi Rongchen and Jiahuan Energy Supply Chain [1][3] Group 1: Shaanxi Rongchen's Experience - Shaanxi Rongchen, a subsidiary of Qilian Chuangye Group, primarily engaged in plastic trading, faced challenges in risk management and lacked a standardized mechanism before participating in the "Enterprise Wind Plan" [1][4] - In April 2022, Shaanxi Rongchen initiated hedging operations based on a weak polyethylene price forecast, selling 200 lots of L2209 contracts at 8945 yuan/ton, resulting in a net profit of 594,000 yuan after offsetting losses from the spot market [2][3] - The participation in the plan allowed Shaanxi Rongchen to reduce margin usage by approximately 40%, alleviating financial pressure and enhancing its risk management capabilities [3][4] Group 2: Jiahuan Energy Supply Chain's Strategy - Jiahuan Energy Supply Chain, established in March 2021, began its hedging operations under the guidance of Hongyuan Futures, covering about 50,000 tons of spot products, which effectively mitigated losses from market volatility [3][5] - The company has increased its hedging announcement limits from 50 million yuan to 280 million yuan, reflecting a growing confidence in utilizing futures for risk management [5][6] - Jiahuan Energy has recognized the need for improvement in understanding specific price levels and basis, with futures companies providing analytical support to enhance their risk management strategies [6][7] Group 3: Future Outlook and Industry Impact - Both companies aim to deepen their hedging applications, with Shaanxi Rongchen planning to increase its hedging ratio to over 60% of its spot trading volume and explore more stable trading and profit models [7] - The "Enterprise Wind Plan" is seen as a vital initiative that injects new vitality into the chemical industry, helping enterprises navigate complex market environments more effectively [7][8]

Meeting Overview - The second extraordinary general meeting of shareholders was held on August 22, 2025, at the company's research institute in Jiaxing, Zhejiang Province [2] - The meeting was convened by the board of directors and chaired by the chairman, Han Jianhong, with all procedures complying with the Company Law and the company's articles of association [2][3] Attendance - All 9 serving directors attended the meeting, including independent directors who participated via communication [3] - All 3 serving supervisors and the board secretary along with all senior executives were present [3] Resolutions Passed - The following proposals were approved during the meeting: 1. Proposal for the 2025 semi-annual profit distribution plan [4] 2. Proposal to amend the company's articles of association [4] 3. Various proposals related to internal regulations, including: - Shareholder meeting voting management system - Norms for controlling shareholders and actual controllers - Board meeting rules - Independent director work system - Shareholder meeting rules - Related party transaction management measures - Management measures for the use of raised funds - External guarantee management system - External investment management system [5][6] Legal Verification - The meeting was witnessed by Beijing Hairun Tianrui Law Firm, confirming that all procedures and resolutions complied with relevant laws and regulations [7] Director Resignation and Election - Non-independent director Lin Chuan Ke submitted a resignation report due to internal work adjustments but will continue as the deputy general manager [8] - Lin Chuan Ke was elected as a representative director of the employees during the employee representative meeting held on August 22, 2025 [8][9] Qualifications of Newly Elected Director - Lin Chuan Ke meets the qualifications required by the Company Law and has no conflicts of interest with major shareholders or other directors [9][10]

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 (一)股东大会召开的时间：2025 年 8 月 22 日 (二)股东大会召开的地点：浙江省嘉兴市乍浦环山路 88 号嘉化研究院二楼综合 会议室 (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： 证券代码：600273 证券简称：嘉化能源 公告编号：2025-052 浙江嘉化能源化工股份有限公司 表决情况： 份总数的比例（%） 43.2251 (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。 本次会议的召集人为公司董事会，董事长韩建红女士主持会议。会议的召集、召 开符合《公司法》和《公司章程》的有关规定，表决方式及表决结果合法有效。 (五)公司董事、监事和董事会秘书的出席情况 方式出席会议； 二、 议案审议情况 (一) 非累积投票议案 审议结果：通过 | 股东类型 | | 同意 | | 反对 | | 弃权 | | | --- | --- | --- | --- | - ...

股东大会法律意见书 北京海润天睿律师事务所 关于浙江嘉化能源化工股份有限公司 中国·北京 北京市朝阳区建外大街甲 14 号广播大厦 5 层&9 层&10 层&13 层&17 层 电话（Tel）：86-10-65219696 传真（Fax）：86-10-88381869 股东大会法律意见书 北京海润天睿律师事务所 关于浙江嘉化能源化工股份有限公司 致： 浙江嘉化能源化工股份有限公司 北京海润天睿律师事务所（以下简称本所）接受浙江嘉化能源化工股份有 限公司（以下简称公司）的委托，指派杨雪律师、王佩琳律师出席公司 2025 年 第二次临时股东大会，并依据《中华人民共和国公司法》 （以下简称"《公司法》"）、 对本法律意见书的出具，本所律师特作如下声明： 人资格、表决程序、表决结果发表意见，不对本次会议所审议的议案内容及该等 议案所表述的事实或数据的真实性、准确性和完整性发表意见； 资格、网络投票结果均由相应的证券交易所交易系统和互联网投票系统予以认证； 法》和《律师事务所证券法律业务执业规则》等规定及本法律意见书出具日以前 已经发生或者存在的事实，严格履行了法定职责，遵循了勤勉尽责和诚实信用原 则，进行了充分的核查 ...

(一) 提前辞职的基本情况 | 姓名 | 离任职务 | 离任时间 | 原定任期 到期日 | 离任原因 | 是否继续在上 市公司及其控 | 具体职务 | 是否存在 未履行完 | | --- | --- | --- | --- | --- | --- | --- | --- | | | | | | | 股子公司任职 | （如适用） | 毕的公开 | | | | | | | | | 承诺 | | 林传克 | 董事 | 2025 年 8 | 2026 年 10 | 公司内部 | 是 | 副总经理 | 否 | | | | 月 22 日 | 月 11 日 | 工作调整 | | | | (二) 辞职对公司的影响 浙江嘉化能源化工股份有限公司（以下简称"公司"或"嘉化能源"）董事 会于近日收到公司非独立董事林传克先生递交的书面辞职报告。因公司内部工作 调整，林传克先生申请辞去公司第十届董事会非独立董事职务。辞去上述职务后， 林传克先生将继续在公司担任副总经理职务。林传克先生的辞职不会导致公司董 事成员低于法定最低人数，不会影响公司董事会、公司的正常运作。 证券代码：600273 证券简称：嘉化能源 公告编号：2025-053 ...

股东大会法律意见书 北京海润天睿律师事务所 关于浙江嘉化能源化工股份有限公司 2025 年第二次临时股东大会的法律意见书 中国·北京 北京市朝阳区建外大街甲 14 号广播大厦 5 层&9 层&10 层&13 层&17 层 电话（Tel）：86-10-65219696 传真（Fax）：86-10-88381869 股东大会法律意见书 北京海润天睿律师事务所 关于浙江嘉化能源化工股份有限公司 2025 年第二次临时股东大会的法律意见书 致： 浙江嘉化能源化工股份有限公司 北京海润天睿律师事务所（以下简称本所）接受浙江嘉化能源化工股份有 限公司（以下简称公司）的委托，指派杨雪律师、王佩琳律师出席公司 2025 年 第二次临时股东大会，并依据《中华人民共和国公司法》（以下简称"《公司法》"）、 《上市公司股东会规则》《公司章程》及其他相关法律、法规和规范性文件的规 定，就公司本次股东大会的召集、召开程序、出席会议人员的资格、召集人资格、 表决程序、表决结果等有关事宜出具本法律意见书。 对本法律意见书的出具，本所律师特作如下声明： 1．本所律师仅就本次会议的召集、召开程序、出席会议人员的资格、召集 人资格、表决程序、表 ...

证券代码：600273 证券简称：嘉化能源 公告编号：2025-052 浙江嘉化能源化工股份有限公司 2025年第二次临时股东大会决议公告 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 (一)股东大会召开的时间：2025 年 8 月 22 日 (二)股东大会召开的地点：浙江省嘉兴市乍浦环山路 88 号嘉化研究院二楼综合 会议室 (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 | 329 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 570,127,055 | | 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 | | | 份总数的比例（%） | 43.2251 | (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。 本次会议的召集人为公司董事会，董事长韩建红女士主持会议。会议的召集、召 开符合《公司法》和《公司章程》的有关规定，表决 ...

Core Viewpoint - The company, Zhejiang Jiahua Energy Chemical Co., Ltd. (嘉化能源), is actively engaging in shareholder meetings and stock repurchase activities, reflecting its financial strategies and governance changes. Company Announcements - The company will hold its second extraordinary general meeting on August 22, 2025, to discuss several key matters including the semi-annual profit distribution plan, amendments to the articles of association, and additional authorization for futures trading for the year 2025 [1][4] - As of June 30, 2025, the net profit attributable to shareholders was approximately 580.59 million yuan, and the company plans to distribute a cash dividend of 2 yuan per 10 shares, totaling around 263.79 million yuan [2] - The company has decided to abolish the supervisory board, transferring its responsibilities to the audit committee of the board of directors [2] Share Buyback Progress - As of August 14, 2025, the company has repurchased a total of 27,906,500 shares, accounting for 2.06% of its total share capital, with a total expenditure of approximately 242.44 million yuan [3][4] - The maximum price for the repurchase was adjusted to 11.82 yuan per share, with the repurchase plan expected to be executed within 12 months following the approval at the annual general meeting [2]

Group 1 - The company has approved a share repurchase plan with a budget between RMB 400 million and RMB 600 million, with a maximum repurchase price of RMB 12.01 per share, valid for up to 12 months from the approval date [2] - After the implementation of the 2024 annual profit distribution plan, the maximum repurchase price was adjusted to RMB 11.82 per share [2] Group 2 - As of August 14, 2025, the company has repurchased 27,906,500 shares, representing 2.06% of the total share capital, with a total expenditure of RMB 242.44 million, excluding transaction fees [3] - The highest repurchase price recorded was RMB 9.14 per share, while the lowest was RMB 8.30 per share [3] - The company will continue to make repurchase decisions based on market conditions and will fulfill its information disclosure obligations in a timely manner [3]

Group 1 - The latest stock price of Jiahu Energy is 8.88 yuan, up 0.79% from the previous trading day, with an intraday high of 8.92 yuan and a low of 8.81 yuan, and a transaction amount of 1.19 billion yuan [1] - Jiahu Energy is primarily engaged in the production and sales of chemical products, covering basic chemical raw materials and fine chemical products, with applications in pharmaceuticals, pesticides, and dyes [1] - As of August 14, the company has repurchased a total of 27.9065 million shares, accounting for 2.06% of the total share capital, which will be used for employee stock ownership plans or equity incentives [1] Group 2 - On August 15, the net inflow of main funds was 4.5709 million yuan, while the net outflow of main funds over the past five days was 9.3715 million yuan [1]