北京德恒（太原）律师事务所 关于山西华阳新材料股份有限公司 2025 年第四次临时股东大会的法律意见 地址 Add: 山西省太原市长风商务区长兴路 1 号华润大厦 T6 座 30、31 层 电话 Tel: 0351-8395811 传真 Fax: 0351-8395822 邮编：030006 关于山西华阳新材料股份有限公司 北京德恒（太原）律师事务所 2025 年第四次临时股东大会的法律意见 北京德恒（太原）律师事务所 关于山西华阳新材料股份有限公司 2025 年第四次临时股东大会的法律意见 致：山西华阳新材料股份有限公司 北京德恒（太原）律师事务所（以下简称"本所"）受山西华阳新材料股份有 限公司（以下简称"公司"）委托，指派张鑫磊律师、潘磊律师参加公司 2025 年第 四次临时股东大会（以下简称"本次股东大会"），对本次股东大会的合法性进行 见证并出具法律意见。 本法律意见根据《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》"）等有关法律、法规、规范性文 件，以及《山西华阳新材料股份有限公司章程》（以下简称"《公司章程》"）、 《山西华阳新材料股份有限公 ...

证券代码：600281 证券简称：华阳新材 公告编号：临 2025-054 山西华阳新材料股份有限公司 关于举办 2025 年半年度业绩说明会的公告 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法律责任。 会议召开时间：2025年9月18日(星期四)15:00-16:00。 会议召开地点：本次活动将采用网络远程的方式举行，投资者可登录"全景路演" 网站（http://rs.p5w.net），或关注微信公众号：全景财经，或下载全景路演APP，参 与本次互动交流。 会议召开方式：网络文字互动方式。 投 资 者 可 于 2025 年 9 月 17 日 （ 星 期 三 ） 17:00 前 通 过 公 司 邮 箱 Mishuchu8003@126.com进行提问，公司将在说明会上对投资者普遍关注的问题进行回答。 一、说明会类型 山西华阳新材料股份有限公司（以下简称"公司"） 2025 年半年度报告已于 2025 年 8 月 29 日在上海证券交易所网站披露，为便于广大投资者更进一步了解公司 2025 年 半年度的经营情况，公司将举办 2025 ...

Core Viewpoint - Huayang New Materials (600281.SH) announced that its parent company, Huayang New Materials Technology Group, received an administrative penalty from the China Securities Regulatory Commission (CSRC) for significant omissions in information disclosure due to unauthorized fund transfers totaling approximately 1.13 billion yuan [1] Group 1: Regulatory Actions - The CSRC's Shanxi Bureau found that from April to June 2021, Huayang Group transferred funds totaling 1,126,449,959.33 yuan from its subsidiary Lu Hua Technology without consent, constituting non-operational fund occupation [1] - As a result of these findings, Huayang Group was fined 4 million yuan, while the financial officer Gao Yanqing was fined 2 million yuan, and the financial specialist Fan Zongli was fined 900,000 yuan [1]

证券代码：600281 证券简称：华阳新材 公告编号：临 2025-053 山西华阳新材料股份有限公司 关于公司相关方收到中国证券监督管理委员会 行政处罚决定书的公告 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法律责任。 山西华阳新材料股份有限公司（以下简称"公司"）于2025年6月25日披露了《关于 公司相关方收到中国证券监督管理委员会立案告知书的公告》（公告编号：临2025-038）， 因公司相关方华阳新材料科技集团有限公司（以下简称"华阳集团"，公司控股股东太 化集团的托管方）2021年占用阳煤化工股份有限公司（以下简称"阳煤化工"）资金， 导致阳煤化工涉嫌未按规定披露非经营性资金往来，中国证监会决定对华阳集团立案。 公司于2025年7月2日披露了《关于公司相关方收到中国证券监督管理委员会行政处 罚事先告知书的公告》（公告编号：临2025-039）。 近日，公司获知相关方华阳集团收到中国证券监督管理委员会山西监管局下发的《行 政处罚决定书》（[2025]2号），具体内容公告如下： 一、《行政处罚决定书》的主要内容 "依据《中华 ...

Core Points - The company Huayang New Materials announced that its related party, Huayang Group, received an administrative penalty decision from the Shanxi Regulatory Bureau of the China Securities Regulatory Commission [1] - The decision stated that between April and June 2021, Huayang Group transferred 1.126 billion yuan from Yangmei Chemical's account to its own account without consent, constituting the non-operational fund occupation by the controlling shareholder [1] - Yangmei Chemical's semi-annual and annual reports for 2021 did not disclose this non-operational fund occupation, indicating a significant omission [1] - As a result of this violation, Huayang Group was fined 4 million yuan [1]

Core Viewpoint - The small metal industry has shown varied financial performance among 23 representative listed companies, with notable differences in sales gross margin and net profit margin for the first half of 2025 [1] Financial Performance Summary - The majority of listed companies in the small metal industry reported sales gross margins below 20% for the first half of 2025, with Anning Co. leading at a gross margin of 60.13% [1] - Most companies exhibited net profit margins under 7%, with Guoyan Platinum, Baowu Magnesium, and Xianglu Tungsten showing particularly low net profit margins of 1.18%, 1.56%, and 1.97% respectively [1] - An anomaly was observed in Huayang New Materials, which had a sales gross margin of only 0.54% but a remarkably high net profit margin of 54% for the first half of 2025 [1] - Overall, the small metal industry achieved profitability in the first half of 2025, but Guoyan Platinum's net profit margin of 1.18% was the lowest among the companies analyzed [1]

Core Viewpoint - The industrial metal sector in A-share listed companies has shown overall profit improvement as of the first half of 2025, with many companies reporting a turnaround from losses to profits or an increase in profits compared to the previous year [1] Group 1: Profit Improvement - Among the 23 selected industrial metal companies, 8 companies reported both revenue and profit growth, including Northern Rare Earth, Dongfang Tantalum, and others [1] - 7 companies turned losses into profits, such as China Rare Earth, Yunnan Germanium, and others, with notable profit recoveries [1] - China Rare Earth's net profit improved from a loss of 244 million yuan in H1 2024 to a profit of 162 million yuan in H1 2025 [2] - Yunnan Germanium's net profit shifted from a loss of 9 million yuan to a profit of 22 million yuan [2] - Shenghe Resources reported a net profit turnaround from a loss of 69 million yuan to a profit of 377 million yuan [2] Group 2: Revenue and Profit Decline - Companies such as Western Materials, Baotai Co., and Jintian Titanium reported declines in both revenue and profit [2][8] - Western Materials' revenue decreased by 0.35% to 1.539 billion yuan, with a net profit drop of 36.03% to 61.16 million yuan [3][8] - Baotai Co. saw a 20.45% decline in revenue to 2.967 billion yuan and a 49% drop in net profit to 205 million yuan [8] - Jintian Titanium's revenue fell by 22.38% to 318 million yuan, with a net profit decrease of 49.71% to 40.53 million yuan [8] Group 3: Mixed Performance - Companies like Zhongkuang Resources, Xiamen Tungsten, and others experienced revenue growth but profit declines [4][5] - Zhongkuang Resources' revenue increased by 34.89% to 3.267 billion yuan, but net profit plummeted by 81.16% to 89.13 million yuan [6][7] - Xiamen Tungsten's revenue decreased by 4.37% to 972 million yuan, with a net profit decline of 46.47% to 64.12 million yuan [5][6] - Baowu Magnesium's net profit fell by 46.47% despite revenue growth [7]

Core Insights - The small metals industry has shown varied performance in terms of profitability, with many companies reporting low gross and net profit margins in the first half of 2025 [1][3]. Group 1: Gross Profit Margin - Most listed companies in the small metals sector have a gross profit margin below 20%, with Anning Co. leading at 60.13% [1]. - Guoyan Platinum and Huayang New Materials reported gross profit margins of only 2.19% and 0.54%, respectively [1]. Group 2: Net Profit Margin - The majority of companies have a net profit margin below 7%, with Guoyan Platinum, Baowu Magnesium, and Xianglu Tungsten all below 2%, reporting 1.18%, 1.56%, and 1.97% respectively [3]. - An anomaly was noted with Huayang New Materials, which had a net profit margin of 54.62% despite a gross profit margin of only 0.54% [5]. Group 3: Overall Industry Performance - The small metals industry overall achieved profitability in the first half of 2025, but relative net profit margins remain low, with Guoyan Platinum at the bottom with a net profit margin of 1.18% [6].

山西华阳新材料股份有限公司 2025 年第四次临时股东大会会议资料 二零二五年九月 会议资料目录 | 一、山西华阳新材料股份有限公司 2025 | 年第四次临时股东大会会议须知 | - | 1 | - | | --- | --- | --- | --- | --- | | 二、山西华阳新材料股份有限公司 2025 | 年第四次临时股东大会表决办法 | - | 1 | - | | 三、山西华阳新材料股份有限公司 2025 | 年第四次临时股东大会议案 | - | 3 | - | | 1.关于取消监事会并修订《公司章程》的议案 | | - | 4 | - | | 2.关于修订董事会议事规则的议案 | | - | 41 | - | | 3.关于修订股东会议事规则的议案 | | - | 47 | - | | 4.关于聘请 2025 | 年度财务报告审计机构和内部控制审计机构的议案 | - | 60 | - | 山西华阳新材料股份有限公司 2025 年第四次临时股东大会会议须知 为维护公司全体股东的合法权益，确保 2025 年第四次临时股东大会（以下简称"本 次大会"） 的正常秩序和议事效率，保证本次大会的顺利进行，根 ...

Group 1 - The overall market trend on September 2 showed a decline in major indices, with the Shenzhen Component Index down by 2.14%, the Shanghai Composite Index down by 0.45%, and the ChiNext Index down by 2.85% [1] - The Shanxi sector experienced a slight decline of 0.65%, influenced by the overall market performance [1] - Notable performers among Shanxi-listed companies included Keda Control, which saw a rise of 7.08%, and Huayang New Materials, which increased by 4.64% [1] Group 2 - Keda Control, established in November 2000 and headquartered in Taiyuan, Shanxi, focuses on smart mining, smart municipal services, and industrial internet, having been listed on the New Third Board in 2014 and completing its IPO on the Beijing Stock Exchange in 2021 [1] - Huayang New Materials, formerly Taiyuan Chemical Co., was established on February 26, 1999, and listed on the Shanghai Stock Exchange on November 9, 2000, with an initial public offering of 105 million shares [1][2] - Huayang New Materials specializes in the production and sales of PBAT and modified products, precious metal catalytic nets, and has shifted its strategic focus towards the new materials industry since its rebranding in October 2020 [2]