华泰联合证券有限责任公司 关于创新新材料科技股份有限公司 重大资产出售及发行股份购买资产并募集配套资金 暨关联交易之部分限售股上市流通的核查意见 华泰联合证券有限责任公司（以下简称"独立财务顾问"、"华泰联合证券"） 作为创新新材料科技股份有限公司（以下简称"创新新材"、"公司"或"上市公 司"）重大资产出售及发行股份购买资产并募集配套资金暨关联交易（以下简称 "本次交易"）的独立财务顾问，根据《上市公司重大资产重组管理办法》《上海 证券交易所股票上市规则》《上海证券交易所上市公司自律监管指引第 1 号—— 规范运作》等有关法律、法规和规范性文件的规定，对创新新材本次发行股份购 买资产向特定对象发行限售股解禁上市流通相关情况进行了核查，具体核查情况 如下： 一、本次限售股上市类型 公司本次限售股上市流通类型为发行股份购买资产向特定对象发行限售股。 具体情况如下： （一）股票发行核准情况 2022 年 10 月 13 日，中国证券监督管理委员会出具了《关于核准北京华联 综合超市股份有限公司重大资产重组及向山东创新集团有限公司等发行股份购 买资产并募集配套资金的批复》（证监许可[2022]2467 号），核准公司 ...

Core Points - The total number of restricted shares to be listed for trading is 2,089,065,368 shares, accounting for 55.62% of the company's total share capital [1] - The listing date for these restricted shares is set for November 17, 2025 [1] - The shareholders releasing their restricted shares include Shandong Innovation Group Co., Ltd., Cui Lixin, Yang Aimei, Geng Hongyu, Wang Wei, Tianjin Rongqi Enterprise Management Partnership (Limited Partnership), Tianjin Yuanfeng Panhua Enterprise Management Center (Limited Partnership), and Shanghai Dinghui Baiyu Investment Partnership (Limited Partnership) [1] - All aforementioned shareholders have strictly adhered to their share lock-up commitments [1] - Following the listing of these restricted shares, the company's restricted circulating shares will decrease to 0, while the unrestricted circulating shares will correspondingly increase [1]

创新新材料科技股份有限公司 关于公司及子公司 2025 年度向银行等金融机构 申请综合授信提供担保事项的进展公告 证券代码：600361 证券简称：创新新材 公告编号：2025-075 创新新材料科技股份有限公司 关于公司及子公司 2025 年度向银行等金融机构申请 综合授信提供担保事项的进展公告 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。 1 创新新材料科技股份有限公司 关于公司及子公司 2025 年度向银行等金融机构 申请综合授信提供担保事项的进展公告 其他风险提示（如有） 无 重要内容提示： 担保对象及基本情况 | | | | Innovation Precision Vietnam Co.,Ltd | | | --- | --- | --- | --- | --- | | | | 被担保人名称 | （中文名称：创新精密（越南）有 | | | | | | 限公司，以下简称"越南精密"） | | | 担 保 | 对 | 本次担保金额 | 万元（合同金额 万美 3,555.10 500 元，参考合同签署日基准汇率换算 折 ...

Core Viewpoint - A-share listed companies are actively subscribing to private equity products, with a total subscription amount reaching 818 million yuan as of November 7 this year [1]. Subscription Overview - Ten listed companies have disclosed their subscription or continued subscription to private equity products, involving a total of 13 private equity firms [1]. - The private equity firms are categorized by management scale: four firms have over 10 billion yuan, four firms are in the 1-2 billion yuan range, three firms are in the 0-500 million yuan range, one firm has 5-10 billion yuan, and one firm has 2-5 billion yuan [1]. Notable Subscriptions - Yaxing Anchor Chain (601890.SH) has made the largest investment, with a total subscription amount of 263 million yuan across three private equity products this year [2][3]. - Yongji Co., Ltd. (603058.SH) has invested 100 million yuan in the "Shanzha Tree Zhenzhu 5" product, showing a history of multiple investments in this product since 2020 [4]. - Zhongxing Junye (002772.SZ) extended the investment period for the "Shanyuan Jin 206" product, which it initially subscribed to for 100 million yuan in 2021 [5]. Preference for Large Private Equity Firms - Diya Co., Ltd. (301177.SZ) and Innovation New Materials (600361.SH) prefer large private equity firms, with Diya investing 60 million yuan in two products from firms with over 10 billion yuan in management scale [6]. - Other companies like Heshun Petroleum (603353.SH) and Jinzhen Co., Ltd. (600446.SH) have also made significant investments in various private equity products this year [6]. Historical Performance and Returns - Companies have reported past performance and returns from their private equity investments, such as Yangguang Lighting (600261.SH) redeeming portions of its investments and realizing significant returns [8]. - Yongji Co., Ltd. reported a total investment return of 121 million yuan from the "Shanzha Tree Zhenzhu 5" product in 2021, but saw a decline in investment returns in 2022 due to reduced gains from private equity redemptions [8].

Core Insights - The article highlights the increasing enthusiasm of listed companies in China towards private equity investments, with a total subscription amount of 748 million yuan for private securities products as of November 5, 2025 [1] Group 1: Subscription Trends - Nine listed companies, including Yongji Co., Diah Co., and Chuangxin New Materials, have announced subscriptions to private equity products, involving 11 transactions [1] - The total subscription amount reached 748 million yuan, indicating a strong interest from listed companies in private investments [1] Group 2: Preference for Large Private Equity Firms - Large private equity firms with over 10 billion yuan in assets have become popular among listed companies, with four firms—Yinye Investment, Century Frontier, Yuanfeng Fund, and Liangpai Investment—receiving a combined subscription amount of 220 million yuan, accounting for 29.41% of the total [1] - Diah Co. has shown confidence in leading quantitative and mixed private equity firms by subscribing 60 million yuan to Yinye Investment and 50 million yuan to Century Frontier [1] Group 3: Diverse Investment Strategies - The subscription strategies exhibit a diversified approach, with quantitative strategies emerging as a significant choice; over 50% of the 11 subscriptions were to products from quantitative and subjective + quantitative mixed private equity firms [1] - Yaxing Anchor Chain subscribed twice to quantitative products from Yanbo Chengfeng, totaling 243 million yuan; other companies like Taiji Co., Keli Sensor, and Diah Co. also invested in quantitative products from various firms [1] Group 4: Variation in Subscription Amounts - There is a notable disparity in the subscription amounts among listed companies, with some like Yaxing Anchor Chain, Yongji Co., and Chuangxin New Materials investing over 100 million yuan, while others like Rongtai Health made a smaller attempt with 5 million yuan [2]

Core Viewpoint - Innovation New Materials (600361) announced that as of October 31, 2025, it has repurchased a total of 9,118,650 shares, which represents 0.2428% of the company's latest total share capital [1] Summary by Category - **Share Repurchase Details** - The company has completed a share repurchase of 9,118,650 shares [1] - This repurchase accounts for 0.2428% of the company's total share capital [1]

创新新材料科技股份有限公司 关于股份回购进展公告 证券代码：600361 证券简称：创新新材 公告编号：2025-074 创新新材料科技股份有限公司 1 创新新材料科技股份有限公司 关于股份回购进展公告 即 2025 年 3 月 24 日至 2026 年 3 月 23 日。本次回购股份的价格为不超过人民币 5.71 元/股（含），该价格不高于董事会通过本次回购预案决议前 30 个交易日公司 股票交易均价的 150%。具体回购价格由公司股东大会授权管理层在回购实施期间 结合公司股票价格、财务状况和经营状况确定。按照上述回购价格上限及回购资 金总额的上下限测算，预计回购股份数量约为 17,513,135 股至 35,026,269 股，占 第八届董事会第十九次会议审议本次回购预案时总股本的 0.43%至 0.85%，具体回 购股份的数量及占公司总股本比例以回购期限届满或者回购完毕时实际回购的股 份数量和占公司总股本的比例为准。详见公司于 2025 年 3 月 7 日披露的《关于以 集中竞价交易方式回购股份的预案》（公告编号：2025-008）。 关于股份回购进展公告 本公司董事会及全体董事保证本公告内容不存在任何 ...

Group 1 - The core point of the article highlights that Innovation New Materials (SH 600361) has repurchased approximately 9.12 million shares, accounting for 0.2428% of the company's total share capital, with a total transaction amount of about 38 million RMB [1] - The highest and lowest prices for the repurchased shares were 4.32 RMB/share and 3.93 RMB/share, respectively [1] - As of the report, the market capitalization of Innovation New Materials is 17.3 billion RMB [1] Group 2 - For the year 2024, the revenue composition of Innovation New Materials is reported to be 98.39% from non-ferrous metal manufacturing and 1.61% from other businesses [1] - There is a significant increase in overseas orders for a related industry, with a reported growth of 246%, covering over 50 countries and regions [1] - Entrepreneurs have raised concerns about potential malicious competition in the overseas market, as some are selling at a loss [1]

Summary of Key Points - The company, Innovation New Materials (600361.SH), has announced a share buyback program, having repurchased a total of 9.1187 million shares as of October 31, 2025, which represents 0.2428% of the company's latest total share capital [1] - The highest price at which the shares were repurchased was 4.32 CNY per share, while the lowest price was 3.93 CNY per share [1] - The total amount spent on the share buyback reached approximately 37.9987 million CNY, excluding transaction fees such as stamp duty and trading commissions [1]

Group 1 - The company, Innovation New Materials (600361.SH), has repurchased a total of 9.1187 million shares as of October 31, 2025, which represents 0.2428% of its latest total share capital [1] - The highest price for the repurchased shares was 4.32 CNY per share, while the lowest price was 3.93 CNY per share [1] - The total amount spent on the share repurchase was 37.9987 million CNY, excluding transaction fees such as stamp duty and trading commissions [1]