Group 1: Innovation New Materials - The company is actively promoting a globalization strategy, planning to invest up to $209 million in the Saudi Red Sea aluminum industry chain project by 2025, with an expected annual production capacity of 500,000 tons of electrolytic aluminum and 500,000 tons of aluminum processing products [1] - As of July 2025, the company has completed ODI filing, with a 43.93% year-on-year increase in profile sales to 77,200 tons and a 13.83% increase in aluminum rod and cable sales to 501,300 tons in the first half of 2025 [1] - The company is the largest producer of aluminum alloy cable materials in China, with over 70% of the ultra-high voltage wires for the national West-East Power Transmission project sourced from its products [1] Group 2: Chip Source Micro - The company expects to exceed its annual order signing target for front-end chemical cleaning products, with major clients already approved for bulk orders of high-end machines [2] - The new generation of front-end coating and developing machines is progressing well, with client validation expected in the second half of the year and performance to be showcased next year [2] - The company anticipates a high expense ratio in 2025 due to increased R&D investments, with a gradual decrease expected from 2026 as revenue releases and expense controls take effect [2] Group 3: Sanhua Intelligent Control - For the first half of 2025, the company achieved revenue of 16.263 billion yuan, a year-on-year increase of 18.91%, and a net profit of 2.11 billion yuan, up 39.31% year-on-year [3] - The revenue from the refrigeration and air conditioning components business reached 10.389 billion yuan, growing by 25.49% due to rising global temperature control demand and the expansion of heat pump technology into data centers and energy storage [3] - The company is establishing a robotics division focused on electromechanical actuators and is advancing mass production, while also optimizing its customer structure by covering major automotive manufacturers [3]

Core Viewpoint - The company, Innovation New Materials Technology Co., Ltd., is repurchasing and canceling shares due to the failure of its subsidiary, Shandong Innovation Metal Technology Co., Ltd., to meet performance commitments related to a major asset restructuring [2][22]. Group 1: Share Repurchase and Cancellation - The company will repurchase a total of 351,363,722 shares at a total price of RMB 1.00, which represents 8.55% of the company's total shares before the repurchase [2][11]. - After the repurchase, the total number of shares will decrease from 4,107,435,885 to 3,756,072,163, and the registered capital will change from RMB 4,107,435,885 to RMB 3,756,072,163 [2][10]. - The repurchase was approved during the board meeting on April 23, 2025, and the annual general meeting on May 15, 2025 [3][21]. Group 2: Performance Commitment and Compensation - The performance commitments for the subsidiary included net profits of at least RMB 1,018.10 million for 2022, RMB 1,221.20 million for 2023, and RMB 1,423.60 million for 2024 [4]. - The actual net profits achieved were RMB 1,068.45 million for 2022, RMB 919.81 million for 2023, and RMB 1,038.01 million for 2024, resulting in a cumulative performance commitment achievement rate of 82.62% [6][21]. - Due to the failure to meet the cumulative performance commitments, the company is obligated to repurchase shares from the performance obligors [7][22]. Group 3: Impact on Shareholding Structure - Following the repurchase, the shareholding percentage of the performance obligors will decrease from 54.11% to 49.81%, crossing the 50% threshold [18][23]. - The shareholding of Beijing Hualian Group Investment Holding Co., Ltd. and its concerted party will increase from 4.81% to 5.26% without any change in the number of shares held [18][24]. - The repurchase and cancellation of shares will not affect the company's normal operations, financial status, or future development [11][25].

Core Viewpoint - The equity change involves the repurchase and cancellation of shares held by the controlling shareholder and actual controller of the company, in accordance with the performance compensation plan related to a major asset restructuring [2][8]. Group 1: Basic Situation of Equity Change - The equity change results in the shareholding ratio of the information disclosure obligors decreasing from 54.11% to 49.81%, a change of 4.29%, crossing the 50% threshold [3][9]. - The company received a simplified equity change report from the information disclosure obligors, indicating their total shareholding before the change was 2,222,405,835 shares, which accounted for 54.11% of the total shares before the repurchase [6][9]. Group 2: Details of the Share Repurchase - The company repurchased a total of 351,363,722 shares from the information disclosure obligors at a total price of RMB 1.00, which will be canceled [8][10]. - Following the repurchase, the information disclosure obligors will hold a total of 1,871,042,113 shares, representing 49.81% of the total share capital of 3,756,072,163 shares [9][10]. Group 3: Impact on Shareholding Structure - The shareholding structure will not change the controlling shareholder or actual controller of the company, and it does not trigger a tender offer [8][11]. - The shareholding ratio of Beijing Hualian Group Investment Holding Co., Ltd. and its concerted action party, Beijing Hualian Commercial Co., Ltd., increased from 4.81% to 5.26% without any change in the number of shares held [9][10].

Core Viewpoint - The company will repurchase and cancel a total of 351,363,722 shares due to its subsidiary, Shandong Innovation Metal Technology Co., Ltd., failing to meet the performance commitments set during a major asset restructuring, resulting in a performance compensation obligation [1][4][6]. Group 1: Repurchase and Cancellation Details - The repurchase will occur at a total price of RMB 1.00, representing 8.55% of the company's total shares before the repurchase [1][7]. - Following the repurchase, the total number of shares will decrease from 4,107,435,885 to 3,756,072,163 [2][9]. - The repurchase was approved during board meetings held on April 23, 2025, and May 16, 2025, with necessary notifications to creditors completed [2][3]. Group 2: Performance Commitment and Compensation - The performance commitments for the subsidiary were set at net profits of RMB 1,018.10 million for 2022, RMB 1,221.20 million for 2023, and RMB 1,423.60 million for 2024 [3][4]. - The actual net profits achieved were RMB 1,068.45 million for 2022, RMB 919.81 million for 2023, and RMB 1,038.01 million for 2024, leading to a cumulative performance achievement rate of 82.62% [4][6]. - The total compensation amount calculated for the repurchase was RMB 1,208,691,198.51, with the shares to be canceled distributed among the compensation obligors based on their respective ownership stakes [5][6]. Group 3: Impact on Shareholding Structure - After the repurchase, the shareholding percentage of the controlling shareholders will increase from 4.81% to 5.26% without any change in the number of shares held [9]. - The company confirmed that the repurchase and cancellation will not significantly impact its normal operations, financial status, or future development [7][8].

Core Viewpoint - The report outlines the shareholding changes of Innovation New Materials Technology Co., Ltd. due to a share buyback and cancellation related to performance compensation agreements, resulting in a decrease in the shareholding ratio from 54.11% to 49.81% [10][12][14]. Group 1: Shareholding Changes - The shareholding of the information disclosing parties decreased by 4.29% due to the buyback and cancellation of 351,363,722 shares [10][12][19]. - Prior to the change, the total shares held by the information disclosing parties were 2,222,405,835, representing 54.11% of the total shares [19]. - After the change, the total shares held are 1,871,042,113, representing 49.81% of the total shares [19]. Group 2: Performance Compensation Agreement - The share buyback was executed as part of a performance compensation agreement due to the failure of the subsidiary, Shandong Innovation Metal Technology Co., Ltd., to meet its performance commitments [11][12]. - The cumulative net profit achieved by the subsidiary for the years 2022, 2023, and 2024 was 302,627.41 million RMB, with a performance commitment realization rate of 82.62% [11]. Group 3: Information Disclosing Parties - The information disclosing parties include Shandong Innovation Group Co., Ltd., Cui Lixin, Yang Aimei, Geng Hongyu, and Wang Wei, with respective shareholdings of 29.89%, 14.31%, 2.36%, 1.63%, and 1.63% [9][10]. - The parties are considered acting in concert, collectively holding 49.81% of the company's shares after the recent changes [9][10]. Group 4: Future Plans - There are currently no plans for the information disclosing parties to increase or decrease their shareholdings in the next 12 months [10][12].

创新新材料科技股份有限公司 关于回购并注销业绩补偿股份实施结果暨股份变动的公告 证券代码：600361 证券简称：创新新材 公告编号：2025-061 创新新材料科技股份有限公司 关于回购并注销业绩补偿股份实施结果暨股份变动的公告 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。 重要内容提示： 因创新新材料科技股份有限公司（以下简称"公司"）子公司山东创新 金属科技有限公司（以下简称"创新金属"）未实现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"重大资产重组"）约定的截 至 2024 年度累计承诺业绩，补偿义务人山东创新集团有限公司（以下简称"创新 集团"）、崔立新、杨爱美、耿红玉、王伟需要对公司进行业绩补偿。公司将以 人民币 1.00 元的总价回购补偿义务人合计持有的公司股份数 351,363,722 股，占 回购前公司总股本的 8.55%，并予以注销。 根据中国证券登记结算有限责任公司于 2025 年 8 月 29 日出具的《证券过 户登记确认书》，山东创新集团有限公司、崔立新、杨爱美、耿红玉、 ...

创新新材料科技股份有限公司 简式权益变动报告书 上市公司名称：创新新材料科技股份有限公司 股票上市地点：上海证券交易所 股票简称：创新新材 股票代码：600361 信息披露义务人 1：山东创新集团有限公司 住所：山东省滨州市邹平市会仙五路东首北侧 通讯地址：山东省滨州市邹平市会仙五路东首北侧 信息披露义务人 2：崔立新 住所：山东省邹平市黄山三路*** 通讯地址：山东省滨州市邹平市经济技术开发区月河六路中段 信息披露义务人 3：杨爱美 住所：山东省邹平市黄山三路*** 住所：山东省邹平市黄山东路*** 1 通讯地址：山东省滨州市邹平市经济技术开发区月河六路中段 信息披露义务人 5：王伟 住所：山东省青岛市市南区彰化路*** 通讯地址：山东省滨州市邹平市经济技术开发区月河六路中段 信息披露义务人 4：耿红玉 通讯地址：山东省滨州市邹平市经济技术开发区月河六路中段 股份变动性质：股份减少（因业绩补偿股份回购注销所致） 签署日期：2025 年 8 月 29 日 2 信息披露义务人及其一致行动人声明 一、信息披露义务人依据《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 ...

证券代码：600361 证券简称：创新新材 公告编号：2025-062 创新新材料科技股份有限公司 关于股东权益变动的提示性公告 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： 创新新材料科技股份有限公司 关于股东权益变动的提示性公告 本次权益变动系创新新材料科技股份有限公司（以下简称"公司"、"上市 公司"）依据重大资产重组业绩承诺补偿方案回购注销公司控股股东山东创新集 团有限公司（以下简称"创新集团"）、实际控制人崔立新先生及其一致行动人杨 爱美女士、耿红玉女士、王伟先生（以下统称"信息披露义务人"）的股份。 本次权益变动不涉及信息披露义务人二级市场增减持，不触及要约收购， 不会导致公司控股股东及实际控制人发生变化。本次权益变动符合《证券法》《上 市公司收购管理办法》《上市公司重大资产重组管理办法》等法律法规和上海证 券交易所有关业务规则规定。 本次权益变动后，信息披露义务人持有上市公司股份比例从 54.11%减少 至 49.81%，比例变动为 4.29%，跨越了 50%的刻度。公司股东北京华联集团投资 控 ...

Core Viewpoint - The announcement by Innovation New Materials (600361) regarding a significant asset restructuring performance commitment compensation plan indicates a reduction in shareholding by major shareholders, but it will not affect the company's control or governance structure [1] Group 1: Shareholding Changes - Shandong Innovation Group Co., Ltd. and other shareholders' holdings decreased from 2.222 billion shares to 1.871 billion shares, representing a reduction of 4.29% [1] - The shareholding percentage dropped from 54.11% to 49.81%, indicating a shift in ownership structure without changing the controlling shareholder [1] Group 2: Impact on Company Structure - The changes in shareholding will not lead to a change in the company's controlling shareholder or actual controller [1] - There are no plans for the information disclosure obligors to increase or decrease their holdings in the company over the next 12 months [1]

Core Viewpoint - The company reported a decline in net profit for the first half of 2025, indicating challenges in the market environment despite a slight increase in revenue [1][2]. Financial Performance - In H1 2025, the company achieved revenue of 39.141 billion yuan, a year-on-year increase of 1.05%, while net profit attributable to shareholders was 349 million yuan, a year-on-year decrease of 38.69% [1]. - For Q2 2025, revenue was 19.977 billion yuan, a year-on-year decrease of 4.67%, and net profit was 148 million yuan, a year-on-year decrease of 50.21% [1]. - The overall performance was below expectations, with a significant drop in net profit and adjusted net profit [1]. Sales Volume and Product Structure - In H1 2025, the company sold 77,200 tons of profiles, a year-on-year increase of 43.93%, and 501,300 tons of aluminum rod and cable products, a year-on-year increase of 13.83% [2]. - Sales of bars decreased by 2.19% to 1,470,600 tons, and sales of plates and foils decreased by 47.78% to 138,700 tons, reflecting a shift in product structure towards high-end products [2]. Pricing and Costs - The average aluminum price in H1 2025 was 20,300 yuan/ton, a year-on-year increase of 2.62% [2]. - Processing fees for aluminum rods and bars were 510 and 660 yuan/ton, with year-on-year changes of +17.9% and -6.5%, respectively [2]. - The overall gross margin was 3.04%, a decrease of 0.71 percentage points year-on-year, and the net margin was 0.89%, a decrease of 0.59 percentage points year-on-year [2]. Industry Position and Future Prospects - The company holds the leading market share in aluminum wire and rod products, with domestic and global market shares of 18.6% and 16.0%, respectively [3]. - The Saudi Red Sea project is progressing well, with an expected internal rate of return of 22.08% (after tax), which could contribute significantly to future investment returns [3]. - The company is expected to gradually recover its performance, with projected net profits of 800 million, 966 million, and 1.564 billion yuan for 2025-2027 [3].