Core Viewpoint - Yunnan Precious Metals New Materials Holding Group Co., Ltd. (referred to as "Guizhou Platinum Industry") plans to raise up to 1.291 billion yuan through a private placement of A-shares to support technological innovation, industrial transformation, and working capital needs [2] Group 1: Company Initiatives - The company aims to enhance its research and development capabilities and optimize its capital structure through this fundraising, which is deemed necessary due to the urgent funding needs arising from business expansion in emerging fields like hydrogen energy and semiconductors [2][4] - The planned investment includes the establishment of a key laboratory platform and an AI laboratory focused on new materials, which will leverage AI technology to accelerate material innovation and reduce R&D costs [4][5] Group 2: Market Demand and Growth - The demand for precious metals in China reached 12,200 tons in 2023, marking a 23% year-on-year increase, primarily driven by industrial demand, which accounts for over 80% of total demand [3] - China's precious metals demand represents 27.6% of global demand, with industrial applications making up 47.7% of the global market, positioning China as the leading country in precious metal industrial applications [3] Group 3: Policy Support - Recent government policies have been implemented to support the development of the new materials industry and technological innovation, including a plan to enhance the supply capacity of high-end new materials in various sectors by 2027 [3] Group 4: Resource Recovery and Sustainability - The company is focusing on increasing the recycling rate of platinum group metals through its fundraising projects, which is crucial for ensuring national strategic resource security [4][5] - The establishment of a green recycling base in Dongying, Shandong, aims to enhance the company's resource recovery capabilities and metal production capacity [5]

Core Viewpoint - The company Guiyan Platinum Industry (600459.SH) has announced a plan to issue A-shares to specific investors, aiming to raise up to 1.291 billion yuan for various projects, including technological innovation and working capital [1][2]. Group 1: Share Issuance Details - The share issuance will target no more than 35 specific investors, including qualified institutional and individual investors as defined by the China Securities Regulatory Commission (CSRC) [1]. - The issuance price will be set at no less than 80% of the average trading price over the 20 trading days prior to the pricing date [1]. - The total number of shares to be issued will not exceed 30% of the total share capital before the issuance, amounting to a maximum of 227,942,137 shares [2]. Group 2: Fund Utilization - The total amount to be raised from this issuance is capped at 1.291 billion yuan, which will be allocated to several projects, including: - Construction of a key laboratory for precious metal functional materials (40 million yuan) - Establishment of an AI laboratory for new precious metal materials (8.4 million yuan) - Development of a modern industrial base for the recycling of secondary resources (17 million yuan) - Green recycling project for secondary resources (13 million yuan) - Deep processing and intelligent upgrading of new alloy functional materials (8 million yuan) - Industrialization of platinum-based anticancer drug raw materials (4 million yuan) - Supplementing working capital (38.7 million yuan) [2][3]. Group 3: Shareholder Structure - As of the announcement date, Yun Investment Group holds 38.60% of the company's shares, making it the controlling shareholder, with the Yunnan Provincial State-owned Assets Supervision and Administration Commission as the actual controller [4]. - The planned issuance is not expected to change the company's control structure [4]. Group 4: Previous Fundraising Activities - In December 2022, the company successfully raised approximately 1.853 billion yuan through a rights issue, with a subscription of 169,910,810 shares at a price of 10.91 yuan per share [4][5]. - The net amount raised after deducting issuance costs was approximately 1.830 billion yuan [4]. Group 5: Financial Performance - For the first half of 2023, the company reported a revenue of 29.554 billion yuan, representing a year-on-year increase of 20.91% [6][7]. - The net profit attributable to shareholders was 3.248 billion yuan, reflecting a growth of 2.30% compared to the previous year [6][7]. - The net cash flow from operating activities was 1.095 billion yuan [6][7].

Core Viewpoint - Guizhou Platinum Industry (贵研铂业) plans to raise up to 1.291 billion yuan through a private placement of A-shares to invest in technology innovation projects, industrial transformation upgrades, and to supplement working capital [1][2] Group 1: Fundraising and Investment Plans - The company intends to allocate 400 million yuan to the National Key Laboratory Platform for Precious Metal Functional Materials and 84 million yuan to the AI Laboratory for New Precious Metal Materials [1] - Investment in industrial transformation projects includes 170 million yuan for the Precious Metal Secondary Resource Enrichment and Regeneration Modern Industrial Base Project, 130 million yuan for the Green Recycling Project, 80 million yuan for the Deep Processing and Intelligent Upgrade Project, and 40 million yuan for the Anticancer Drug Raw Material Project [1] - An additional 387 million yuan will be used to supplement working capital [1] Group 2: Research and Development Focus - The National Key Laboratory for Precious Metal Functional Materials will have a total investment of 561 million yuan and a construction period of 2 years, focusing on innovative capabilities in precious metal functional materials, precursor catalytic materials, and intelligent support service platforms [1] - The company aims to transition from discrete R&D to a comprehensive platform-based R&D model, integrating top research resources in precious metals from Yunnan and nationwide [2] - The project will enhance the technology transfer system, addressing the development of new products and technologies from "0 to 1" and supporting the independent innovation of core technologies in the precious metal materials industry [2] Group 3: Financial Performance - In the first half of 2025, the company achieved operating revenue of 29.554 billion yuan, a year-on-year increase of 20.91%, and a net profit attributable to shareholders of 325 million yuan, up 2.3% year-on-year [2]

Major Events - Shengxin Lithium Energy plans to acquire 21% stake in Qicheng Mining for 1.456 billion yuan, increasing its ownership to 70% [3] - Tianpu Co. has seen its stock rise 279.73% over 14 consecutive trading days, but the acquirer Zhonghao Xinying has no asset injection plans [4] - Hangdian Co. reports losses in its optical communication business while its copper foil business is still in the early stages [5] Shareholder Activities - Tianchuang Fashion is launching a shareholder reward event, offering 30% discount coupons to shareholders [6] - Beiliang Co. is collaborating with Tonghuashun for a "Shareholder Festival" event for past investors [7] Production and Operational Changes - Xinxiang Chemical Fiber will halt its biomass cellulose filament production line for 90 days starting October 1, affecting an annual capacity of 31,200 tons and expected revenue loss of approximately 185 million yuan [8] - Baijun Precision plans to transfer 18.29% of its stake in Suzhou Linghou Robotics for 64 million yuan [9] New Contracts and Projects - Tiancheng Self-Control has received a project designation from a leading domestic new energy vehicle company for seat assembly, expected to start production in June 2026 [10] - Huazi Industrial's subsidiary plans to sell dairy farm assets for 38.5 million yuan, impacting current profits by approximately 11.7 million yuan [11] - Oriental Pearl is participating in a special fund to acquire equity in Chaoyuan Digital Technology, with a total investment of 244 million yuan [12] Financial Performance - Changchuan Technology expects a net profit increase of 131.39% to 145.38% year-on-year for the first three quarters of 2025, driven by strong demand in the semiconductor industry [17] Major Contracts - Guangdong Construction has won a construction contract worth 1.924 billion yuan for a property reconstruction project in Guangzhou [18] - Youxunda anticipates winning a procurement project from the State Grid worth approximately 107 million yuan [19] - Samsung Medical is a candidate for multiple procurement projects from the State Grid, with a total expected value of about 193 million yuan [20] Share Buybacks and Financing - Sanfu New Science plans to repurchase shares worth between 10 million and 15 million yuan for employee stock incentives [39] - Guiyan Platinum plans to raise up to 1.291 billion yuan through a private placement for industrial upgrades and working capital [40] - Zhongjing Electronics intends to raise up to 700 million yuan, with the controlling shareholder participating in the subscription [41]

Group 1 - Shengxin Lithium Energy plans to acquire 21% stake in Qicheng Mining for 1.456 billion yuan, increasing its ownership to 70% [4] - Tianpu Co. has seen its stock rise 279.73% over 14 consecutive trading days, but the acquirer Zhonghao Xinying has no asset injection plan [5] - Hangdian Co. reports losses in its optical communication business while its copper foil business is still in the early stages [6][7] Group 2 - Tianchuang Fashion is launching a shareholder reward activity, offering 70% discount coupons to shareholders [8] - Beiliang Co. is collaborating with Tonghuashun to host a "Shareholder Festival" for past investors [9] - Xinxiang Chemical Fiber will undergo a 90-day orderly shutdown for equipment upgrades, affecting 31,200 tons/year capacity and expected revenue loss of approximately 185 million yuan [10] Group 3 - Bozhong Precision plans to transfer 18.29% stake in Suzhou Linghou Robotics for 64 million yuan [11] - Tiancai Self-Control has received a project confirmation from a leading domestic new energy vehicle company for seat assembly, expected to start production in June 2026 [12] - Huazi Industrial's subsidiary plans to sell dairy farm assets for 38.5 million yuan, impacting current profits by approximately 11.7 million yuan [13] Group 4 - Oriental Pearl plans to invest in a special fund to acquire equity in Chaoyuan Digital Technology, committing 244 million yuan [14] - Daotong Technology intends to transfer 46% stake in Shenzhen Saifang Technology for 109 million yuan, focusing on core business development [15] - Lepu Medical has signed a strategic cooperation agreement with Hanhai Information to enhance online sales channels for its aesthetic medicine segment [16] Group 5 - Dingxin Communications clarifies that its technology authorization from Pingtouge is unrelated to AI chip development [17] - Changchuan Technology expects a net profit increase of 131.39% to 145.38% year-on-year for the first three quarters of 2025, driven by strong semiconductor demand [18] Group 6 - Guangdong Construction has won a construction contract worth 1.924 billion yuan for a property reconstruction project [19] - Youxunda is expected to win a procurement project from the State Grid worth approximately 107 million yuan, representing 10.55% of its 2024 revenue [20] - Samsung Medical anticipates winning procurement projects from the State Grid totaling about 193 million yuan [21] Group 7 - Baiyun Electric is a candidate for multiple procurement projects from the State Grid, with a total expected amount of 162 million yuan [22] - *ST Weihe is a candidate for a 141 million yuan engineering project [23] - Plad has signed a strategic cooperation agreement with a well-known international power tool brand for over 700 million yuan in purchases over five years [25] Group 8 - Lanhua Kecai has signed a strategic cooperation agreement with Panhu Power for joint development of axial flux motors [26] - Zhixiang Jintai has entered into commercialization agreements for two monoclonal antibody injections, gaining exclusive rights in various regions [27] - Honggong Technology plans to invest up to 450 million yuan in a project with the Changsha Economic Development Zone [28] Group 9 - Zhejiang Medicine's major shareholder plans to reduce its stake by up to 1% [29] - Su Yan Jingshen's directors plan to collectively increase their holdings by 1.9 to 2.66 million yuan [30] - Zhongdian Electric's shareholder intends to reduce its stake by up to 3% [32] Group 10 - Sanfu New Science plans to repurchase shares worth 10 to 15 million yuan for employee stock incentives [41] - Guiyan Platinum plans to raise up to 1.291 billion yuan for technology innovation and industry upgrades [42] - Zhongjing Electronics plans to raise up to 700 million yuan, with the controlling shareholder participating in the subscription [43]

Core Viewpoint - Guoyan Platinum Industry plans to raise no more than 1.291 billion yuan through a private placement to specific investors, with the funds aimed at enhancing technological innovation and upgrading its core business [1][2]. Fundraising Details - The total investment for the seven projects is approximately 2.532 billion yuan, with the planned fundraising amount being 1.291 billion yuan [2]. - The projects include: 1. National Key Laboratory Platform for Precious Metal Functional Materials: Total investment of approximately 560 million yuan, with 400 million yuan from the fundraising [2][3]. 2. AI Laboratory for New Precious Metal Materials: Total investment of approximately 110 million yuan, with 84 million yuan from the fundraising [3]. 3. Modern Industrial Base for Secondary Resource Enrichment and Regeneration: Total investment of approximately 584 million yuan, with 170 million yuan from the fundraising [3]. 4. Green Recycling Project for Secondary Resources: Total investment of approximately 360 million yuan, with 130 million yuan from the fundraising [3]. 5. Deep Processing and Intelligent Upgrading of Precious Metal Alloy Functional New Materials: Total investment of approximately 410 million yuan, with 80 million yuan from the fundraising [3]. 6. Industrialization of Platinum Anticancer Drug Raw Materials: Total investment of 120 million yuan, with 40 million yuan from the fundraising [5]. 7. Supplementing Working Capital: 387 million yuan [6]. Strategic Goals - The fundraising aims to build high-level technological innovation platforms, enhance the strategic resource security of precious metals, and accelerate the transformation and upgrading of the company's core business to solidify its leading position in the industry [1][2]. Historical Fundraising - Guoyan Platinum Industry has previously raised funds through various methods, including an IPO and multiple private placements, totaling approximately 4.156 billion yuan over five financing rounds [6][7]. If the current fundraising is successful, the total will reach approximately 5.447 billion yuan [7]. Financial Performance - In the first half of 2025, the company reported revenue of 29.554 billion yuan, a year-on-year increase of 20.91%, and a net profit attributable to shareholders of 325 million yuan, a year-on-year increase of 2.3% [6].

Group 1 - The core point of the news is that Guiyan Platinum Industry has approved a plan to issue shares to specific investors, aiming to raise up to 1.291 billion yuan for various projects [1] - The share issuance will involve no more than 35 specific investors and will not exceed 30% of the total share capital prior to the issuance, amounting to approximately 228 million shares [1] - The funds raised will be allocated to several projects, including the construction of a key laboratory platform for precious metal functional materials, an AI laboratory for new materials, and various recycling and processing projects [1] Group 2 - For the first half of 2025, the revenue composition of Guiyan Platinum Industry includes 36.21% from precious metal recycling materials, 35.17% from precious metal trading, 16.05% from special functional materials, 8.65% from precursor materials, and 3.01% from automotive catalytic purifiers [2] - As of the latest report, the market capitalization of Guiyan Platinum Industry is 12.3 billion yuan [3]

云南省贵金属新材料控股集团股份有限公司 向特定对象发行 A 股股票方案的论证分析报告 云南省贵金属新材料控股集团 股份有限公司 2025 年度向特定对象发行 A 股股票方案的 论证分析报告 2025 年 9 月 1 云南省贵金属新材料控股集团股份有限公司 向特定对象发行 A 股股票方案的论证分析报告 证券代码：600459 证券简称：贵研铂业 云南省贵金属新材料控股集团股份有限公司（以下简称"贵研铂业"或"公 司"）为满足公司业务发展的资金需求、增强公司的盈利能力和抗风险能力，拟 向特定对象发行 A 股股票募集资金，公司编制了《云南省贵金属新材料控股集 团股份有限公司 2025 年度向特定对象发行 A 股股票方案的论证分析报告》（以 下简称"本报告"） 本报告中如无特别说明，相关用语与《云南省贵金属新材料控股集团股份有 限公司 2025 年度向特定对象发行 A 股股票预案》中具有相同的含义。 一、本次向特定对象发行股票的背景和目的 （一）本次向特定对象发行股票的背景 1、国家出台系列政策大力支持新材料产业发展和科技创新，贵金属新材料 在支撑国家战略发展方面持续发挥重大作用 《中华人民共和国国民经济和社会发展第 ...

2、本次向特定对象发行 A 股股票完成后，公司经营与收益的变化，由公司 自行负责；因本次向特定对象发行 A 股股票引致的投资风险，由投资者自行负 责。 3、本预案是公司董事会对本次向特定对象发行 A 股股票的说明，任何与之 相反的声明均属不实陈述。 证券代码：600459 证券简称：贵研铂业 云南省贵金属新材料控股集团 股份有限公司 2025 年度向特定对象发行 A 股股票预案 2025 年 9 月 云南省贵金属新材料控股集团股份有限公司 2025 年度向特定对象发行 A 股股票预案 公司声明 1、公司及董事会全体成员保证本预案内容真实、准确、完整，并确认不存 在虚假记载、误导性陈述或重大遗漏。 4、投资者如有任何疑问，应咨询自己的股票经纪人、律师、专业会计师或 其他专业顾问。 5、本预案所述事项并不代表审批机关对于本次向特定对象发行 A 股股票相 关事项的实质性判断、确认、批准或同意注册，本预案所述本次向特定对象发行 A 股股票相关事项的生效和完成尚需有权国资主管部门或其授权主体批复、公司 股东大会审议通过、上海证券交易所审核通过并取得中国证券监督管理委员会同 意注册的批复。 2 特别提示 本部分所述词语或 ...

特此公告 云南省贵金属新材料控股集团股份有限公司董事会 2025年9月23日 股票代码：600459 股票简称：贵研铂业 编号：临2025-048 1 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个别及连带责任。 云南省贵金属新材料控股集团股份有限公司（下称"公司"）拟向特定对象发行股票， 本次向特定对象发行股票的相关议案已于 2025 年 9 月 22 日经公司第八届董事会第十六次 会议审议通过，《云南省贵金属新材料控股集团股份有限公司 2025 年度向特定对象发行 A 股股票预案》（以下简称"预案"）具体内容详见上海证券交易所网站（www.sse.com.cn）， 敬请广大投资者注意查阅。 该预案的披露事项不代表审批机关对本次向特定对象发行股票相关事项的实质性判 断、确认或者批准，预案所述本次向特定对象发行相关事项的生效和完成，尚需获得履行 国有资产监督管理职责的主体同意，尚待公司股东大会审议通过及上海证券交易所审核通 过、中国证监会注册，敬请广大投资者注意投资风险。 云南省贵金属新材料控股集团股份有限公司 关于披露向特定对象发行 ...