Core Viewpoint - The collective production cut of 30% by the top ten domestic photovoltaic glass manufacturers is expected to help stabilize and recover glass prices, which have been under pressure due to oversupply and declining demand [1][3]. Industry Summary - On June 29, the decision for a 30% production cut was announced to address market supply-demand imbalances [3]. - Starting in July, major photovoltaic glass companies plan to implement this production cut, with expectations of a rapid decline in domestic supply, improving the supply-demand situation [3]. - The production cut is seen as a necessary measure to digest inventory and adjust production according to sales [7]. - In June, the domestic photovoltaic glass production capacity increased, but demand weakened, leading to a mismatch in supply and demand [8]. - As of June 30, the price of 3.2mm coated photovoltaic glass was 18.5 yuan/m², down 5.13% from the previous week, indicating significant price pressure [9]. Company Responses - Fuyao Glass reported that its glass furnaces are operating normally and have not ceased production [4]. - Qibin Group stated that it has not received any notifications regarding furnace shutdowns and is currently operating normally [5]. - Anhuai High-Tech mentioned that it has not issued any formal production cut notices and is currently operating at full capacity, although it anticipates a contraction in market demand in the second half of the year [6]. - Yamaton confirmed the validity of the production cut news, stating that it will facilitate sustainable development in the industry [6]. - Sanxia New Materials plans to halt production for maintenance on one of its glass production lines [7].

Group 1: Company Announcements - Changchun High-tech plans to issue H-shares and list on the Hong Kong Stock Exchange to enhance its global strategy and international brand image [1] - Saisir reported June sales of 46,086 new energy vehicles, a year-on-year increase of 4.44%, with a total of 172,100 units sold in the first half of the year, down 14.35% year-on-year [1] - Hangzhou High-tech announced a change in controlling shareholder to Jirong Weiye, with stock resuming trading on July 2, 2025 [1] Group 2: Financial Performance - Guomai Technology expects a net profit of 125 million to 156 million yuan for the first half of 2025, a year-on-year increase of 60.52% to 100.33% [2] - Kid King anticipates a net profit of 120 million to 160 million yuan for the first half of 2025, representing a year-on-year growth of 50% to 100% [2] - Mould Technology received a project from a well-known North American electric vehicle company, with expected total sales of 1.236 billion yuan over five years [3] Group 3: Regulatory and Compliance - *ST Yuancheng is under investigation by the China Securities Regulatory Commission for suspected false disclosures in financial reports [4] - The company received a notice of investigation on July 1, 2025, which may lead to significant penalties and potential delisting [4] Group 4: Market Activity - Changcheng Military Industry's stock has experienced significant volatility, with a cumulative price deviation exceeding 20% over three trading days, indicating potential irrational speculation [5] - Anglikang has only one innovative drug project, ALK-N001, currently in Phase I clinical trials, highlighting the long and uncertain nature of drug development [6] Group 5: Sales and Contracts - Beiqi Blue Valley's subsidiary reported a 139.73% year-on-year increase in sales for the first half of the year [7] - Dong'an Power's engine sales in June increased by 82.79% year-on-year [7] - Pudong Construction's subsidiary won multiple major projects with a total bid amount of 1.964 billion yuan [7]

证券代码：600293 证券简称：三峡新材 公告编号：2025-027 湖北三峡新型建材股份有限公司 关于浮法玻璃生产一线停产冷修暨处置锡锭的公告 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。 为提高资产运营效率，湖北三峡新型建材股份有限公司（以 下简称"公司"）拟对浮法玻璃生产一线（450T/D）（以下简称 "浮法一线"）进行停产冷修，并对浮法一线涉及的锡锭进行资 产处置，现将有关情况公告如下： 一、本次停产冷修的基本情况 （二）本次资产处置审议情况 公司于 2025 年 6 月 30 日召开的董事会 2025 年第三次临时 会议以 9 票同意，0 票反对，0 票弃权审议通过了《关于浮法玻 璃生产一线停产冷修暨处置锡锭的议案》。 本次资产处置不构成关联交易和重大资产重组，无需提交股 东大会审议。 （三）本次资产处置的评估情况 因公司计划优化产线效能、提高运营效率，综合考虑玻璃生 产线设计使用年限、熔窑现状，以及实际生产经营状况，公司决 定近日起对浮法一线进行停产冷修，停产冷修期限约 1 年。 二、本次资产处置的基本情况及 ...

湖北华审资产评估土地房地产估价有限公司 Hubei Huashen Real Estate And Assets Appraisal Co.,Ltd 本资产评估报告依据中国资产评估准则编制 湖北三峡新型建材股份有限公司 拟处置资产涉及的锡锭 资产评估报告 鄂华审资评字(2025) 106号 湖北华审资产 价有限公司 办公地址: 宜昌市伍家岗区沿江大道特 162 号（福江铭座 2102 室） 电话: (0717 ) 6772830 传真:(0717)6747669 E-mail : hbhscpa@163.net 中国资产评估协会 Hubei Huashen Real Estate And Assets Appraisal Co.,Ltd | b | | | --- | --- | | 1 | C | | 声明 | | --- | | 资产评估报告摘要 . | | 资产评估报告正文 . | | 一、委托人、被评估单位和资产评估委托合同约定的其他资产评估报告使用人 | | 二、评估目的 … | | 三、评估对象和评估范围 | | 四、价值类型 … | | 五、评估基准日 | | 六、评估依据 . | | 七、评估 ...

Core Viewpoint - The company plans to suspend and cold-repair its float glass production line (450T/D) and professionally dispose of 124.9 tons of tin ingots, aiming to optimize production line efficiency and improve asset operation efficiency [1] Group 1 - The board of directors approved the asset disposal plan on June 30, 2025 [1] - The assessed value of the disposed tin ingots is 31.0172 million yuan [1] - The asset disposal does not constitute a related party transaction or a major asset restructuring [1]

议 资 料 股权登记日：2025 年 7 月 2 日 召 开 时 间：2025 年 7 月 7 日 —— 1 —— 目录 | 2025 | 年第一次临时股东大会出席现场会议须知 3 | | --- | --- | | 2025 | 年第一次临时股东大会会议议程 5 | | 议案 | 1-关于续聘 2025 年度财务审计机构及内控审计机构的议案 7 | | 议案 | 2-关于补选公司独立董事的议案 11 | 湖北三峡新型建材股份有限公司 2025 年第一次临时股东大会 会 —— 2 —— 2025 年第一次临时股东大会出席现场会议须知 为了维护股东的合法权益，保证大会的正常秩序和议事效率，确 保大会的顺利召开，根据《中华人民共和国公司法》《湖北三峡新型 建材股份有限公司章程》及《湖北三峡新型建材股份有限公司股东大 会议事规则》的规定，现就会议须知通知如下，望参加本次大会的全 体人员遵守。 一、本次大会期间，全体参会人员应以维护股东的合法权益，确 保大会的正常秩序和议事效率为原则，自觉履行法定义务。 二、为保证本次大会的严肃性和正常秩序，除出席会议的股东及 股东代理人、董事、监事、董事会秘书、高级管理人员、见证律 ...

Core Viewpoint - The company received a regulatory letter from the Shanghai Stock Exchange regarding discrepancies in its 2024 annual report, particularly between reported revenue and cash received from sales, prompting a detailed response and verification process by the company and its auditors [1][2]. Group 1: Revenue Discrepancy - The company reported a revenue of 1.733 billion yuan and cash received from sales of 1.014 billion yuan, with a significant discrepancy of 719.72 million yuan, primarily due to payments made via bank acceptance bills [2][3]. - The company noted that the industry also experiences similar discrepancies, indicating a common practice among peers [2]. Group 2: Accounts Receivable - The top five accounts receivable clients for 2024 included several new names compared to 2023, with only one client overlapping, suggesting a change in customer dynamics [4]. - The company maintains a policy of "payment before delivery," which helps mitigate bad debt risks, as most clients are primary agents or traders [4][5]. Group 3: Bad Debt Provisions - The company reported a balance of 466 million yuan in other receivables from Shenzhen Hengbo, with a provision for bad debts of 421 million yuan, reflecting a 90.48% provision rate [6][7]. - The auditors confirmed that the provision for bad debts was adequate and reasonable based on the company's assessment of Shenzhen Hengbo's repayment ability [7]. Group 4: Goodwill Impairment - The company recorded a goodwill balance of 56.25 million yuan, with a minor impairment of 628,700 yuan related to Xinjiang Puyao New Materials [8][9]. - The company provided a detailed analysis of Xinjiang Puyao's financial performance and market conditions, indicating a stable operational outlook despite recent challenges [10][11]. Group 5: Non-Recurring Gains - The company achieved a net profit attributable to shareholders of 12.56 million yuan, with a significant increase in non-recurring gains amounting to 35.12 million yuan compared to the previous year [20][21]. - The increase in non-recurring gains was largely due to a tax rebate policy, which the company classified as non-recurring for consistency and prudence [21][22].

Core Viewpoint - The significant discrepancy between the revenue of 1.733 billion yuan and cash received from sales of 1.014 billion yuan for the company is primarily due to the reliance on bank acceptance bills for payments and the company's cash management practices [1]. Group 1: Revenue and Cash Flow Discrepancy - The difference between the 2024 operating revenue and cash received from sales amounts to 720 million yuan, with 891 million yuan related to the payment of procurement costs through the endorsement of bank acceptance bills [1]. Group 2: Accounts Receivable and Customer Stability - The top five accounts receivable customers for 2024 include companies such as Hubei Zhouzheng Logistics Co., Ltd. and Urumqi Borui Sunshine Trading Co., Ltd., with only one customer overlapping with 2023 [2][6]. - The company asserts that the overall sales amount from the top five accounts receivable customers is relatively low, indicating a stable customer base primarily consisting of first-level agents or traders [2]. Group 3: Major Customer and Bad Debt Issues - A significant bad debt issue involves Shenzhen Hengbo Commercial Chain Co., Ltd., for which the company provided a guarantee for a bank loan and subsequently compensated 163 million yuan [7]. - The company has recorded 466 million yuan in other receivables from Hengbo Commercial, with a provision for bad debts amounting to 421 million yuan, reflecting a provision rate of 90.48% [8].

电话 Tel: 027-86791215 传直 Fax: 027-85424329 关于湖北三峡新型建材股份有限公司 2024 年年度报告的信息披露监管工作函的回复 众环专字（2025）0101210 号 上海证券交易所: 中审众环会计师事务所(特殊普通合伙)(以下简称"本所"或"我们")作为湖北三峡 新型建材股份有限公司(以下简称"三峡新材公司")2024年度财务报表的审计机构,于 2025 年 4 月 23 日出具了众环审字（2025）0102679 号无保留意见审计报告。 2025年6月5日,上海证券交易所出具了《关于湖北三峡新型建材股份有限公司 2024 年年度报告的信息披露监管工作函》【上证公函(2025)0765 号】(以下简称"工作函"), 我们以对三峡新材公司相关财务报表执行的审计工作为依据,对工作函中需要本所回复的相 关问题履行了核查程序,现将核查情况说明如下: 问题 1: 根据年报,公司实现营业收入 17.33 亿元,销售商品、提供劳务收到的现金 10.14 亿 元，二者差异较大且未在年报中说明上述差异情况。请公司:结合行业特征及公司实际经 菅情况,说明营业收入与销售收到现金存在较大差异的 ...

证券代码：600293 证券简称：三峡新材 公告编号：2025-026 湖北三峡新型建材股份有限公司 关于上海证券交易所对公司 2024 年年度报告的信息 披露监管工作函的回复公告 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。 近日，湖北三峡新型建材股份有限公司（以下简称"公司"） 收到上海证券交易所出具的《关于湖北三峡新型建材股份有限公 司 2024 年年度报告的信息披露监管工作函》（上证公函【2025】 0765 号）（以下简称"《监管工作函》"）。公司收到《监管 工作函》后高度重视，对所列问题逐项核查。现就《监管工作函》 所列问题回复如下： 问题 1：根据年报，公司实现营业收入 17.33 亿元，销售商 品、提供劳务收到的现金 10.14 亿元，二者差异较大且未在年报 中说明上述差异情况。请公司：结合行业特征及公司实际经营情 况，说明营业收入与销售收到现金存在较大差异的原因及合理性。 请年审会计师发表意见。 公司回复：公司营业收入与销售商品、提供劳务收到的现金 的计算过程如下： 单位：万元 1 | 项目 | 2024 ...