二、需债权人知晓的相关信息 根据《公司法》等相关法律、法规的规定，公司债权人自接到公 司通知起 30 日内、未接到通知者自本公告披露之日起 45 日内向公司 申报债权，并有权凭有效债权文件及相关凭证要求公司清偿债务或者 提供相应担保。债权人如逾期未向公司申报债权，不会因此影响其债 证券代码：600872 证券简称：中炬高新 公告编号：2026-005 中炬高新技术实业（集团）股份有限公司 关于回购股份通知债权人的公告 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。 一、通知债权人的原因 中炬高新技术实业（集团）股份有限公司（以下简称：公司）于 2025 年 12 月 29 日召开第十一届董事会第五次会议，并于 2026 年 1 月 19 日召开 2026 年第一次临时股东会，分别审议通过了《关于以集 中竞价方式回购股份的议案》，具体内容详见公司于 2025 年 12 月 31 日、2026 年 1 月 20 日在上海证券交易所网站披露的《中炬高新关于 以集中竞价方式回购股份的方案》（公告编号：2025-073）、《中炬 高新 ...

重要内容提示： 案件所处的诉讼阶段：二审已受理，尚未开庭 截至本公告披露日，公司生产经营管理一切正常，本次诉讼案 件不会对公司损益产生直接影响。由于本案二审尚未开庭，诉讼结果 存在不确定性，敬请广大投资者注意投资风险。 2026 年 1 月 19 日，中炬高新技术实业（集团）股份有限公司（以 下简称：公司、本公司、一审被告、被上诉人或中炬高新）收到广东 省高级人民法院（以下简称：广东省高院）送达的应诉通知书及传票， 就公司与深圳前海塔冷通基金管理有限公司（以下简称：一审原告、 塔冷通、上诉人）公司决议撤销纠纷一案，塔冷通不服广东省中山市 中级人民法院（以下简称：中山市中院）作出的（2025）粤 20 民初 79 号民事判决书，向广东省高院提出上诉，现二审已立案。截至本 公告披露日，该案件二审尚未开庭。具体情况如下： 一、诉讼基本情况 塔冷通以公司决议撤销纠纷为案由对公司提起诉讼（以下简称： 该案件）。2025 年 10 月 20 日，中山市中院就该案件作出（2025） 粤20民初79号一审民事判决，驳回一审原告塔冷通的全部诉讼请求。 具体详见公司于 2025 年 5 月 29 日披露的《中炬高新关于涉及诉讼事 ...

法律意见书 广东卓建（中山）律师事务所 广东卓建（中山）律师事务所 ZHUO JIAN (ZHONGSHAN) LAW FIRM 关于 中炬高新技术实业（集团）股份有限公司 二〇二六年第一次临时股东会的 法律意见书 地址：中国广东省中山市东区东苑南路 101 号大东裕贸联大厦北塔 2 号 27 楼 关于中炬高新技术实业（集团）股份有限公司 二〇二六年第一次临时股东会的 法律意见书 致：中炬高新技术实业（集团）股份有限公司 广东卓建（中山）律师事务所（以下简称"卓建"）接受中炬高新技术实业（集 团）股份有限公司（以下简称"公司"）的委托，指派律师（以下简称"本所律师"） 出席公司2026年第一次临时股东会（以下简称"本次股东会"），并根据《中华人 民共和国证券法》（以下简称"《证券法》"）、《中华人民共和国公司法》（以 下简称"《公司法》"）、《上市公司股东会规则》等法律、法规、规范性文件以 及现行有效的《中炬高新技术实业（集团）股份有限公司章程》（以下简称"《公 司章程》"）的规定，在进行必要验证工作的基础上，对公司本次股东会的召集、 召开程序、出席会议人员和召集人资格、表决程序和结果等事项的合法性发表见证 ...

证券代码：600872 证券简称：中炬高新 公告编号：2026-004 中炬高新技术实业（集团）股份有限公司 2026年第一次临时股东会决议公告 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： 本次会议是否有否决议案：无 一、 会议召开和出席情况 (一)股东会召开的时间：2026 年 1 月 19 日 | (三) 出席会议的普通股股东和恢复表决权的优先股股东及其持有股份情况： | | | --- | --- | | 1、出席会议的股东和代理人人数 | 644 | | 2、出席会议的股东所持有表决权的股份总数（股） | 232,943,250 | | 3、出席会议的股东所持有表决权股份数占公司有表决权股 | | | 份总数的比例（%） | 30.0787 | (四)表决方式是否符合《公司法》及《公司章程》的规定，会议主持情况等。 本次股东会由公司董事会召集，董事长黎汝雄先生主持会议。本次会议采取 现场投票和网络投票相结合方式表决，符合《公司法》及《公司章程》的相关规 定。 (五)公司董事和董事会秘书的列席情况 二 ...

Market Overview - The seasoning and fermentation sector increased by 0.41% on January 19, with Zhu Laoliu leading the gains [1] - The Shanghai Composite Index closed at 4114.0, up 0.29%, while the Shenzhen Component Index closed at 14294.05, up 0.09% [1] Stock Performance - Zhu Laoliu (code: 920726) closed at 25.02, up 5.44% with a trading volume of 97,800 shares and a transaction value of 236 million [1] - Qianhe Flavor (code: 603027) closed at 10.19, up 4.09% with a trading volume of 220,900 shares and a transaction value of 223 million [1] - Tianwei Food (code: 603317) closed at 13.16, up 3.70% with a trading volume of 107,300 shares and a transaction value of 140 million [1] - Other notable stocks include Baoli Food (code: 603170) up 3.46%, Jialong Co. (code: 002495) up 3.11%, and Zhongjing Food (code: 300908) up 2.24% [1] Capital Flow - The seasoning and fermentation sector experienced a net outflow of 66.24 million from institutional investors, while retail investors saw a net inflow of 21.38 million [2] - The sector's overall capital flow indicates a mixed sentiment among different investor types [2] Individual Stock Capital Flow - Zhu Laoliu had a net outflow of 23.53 million from institutional investors, with a retail net inflow of 1.83 million [3] - Hai Tian Flavor (code: 603288) saw a net inflow of 16.67 million from institutional investors but a net outflow of 24.60 million from retail investors [3] - Hengshun Vinegar (code: 600305) had a net inflow of 12.32 million from institutional investors, while retail investors experienced a net outflow of 13.99 million [3]

Summary of Key Points from Conference Call Records Industry Overview - **Industry**: Baijiu (Chinese liquor) and Soft Drinks - **Key Insights**: The Baijiu industry is nearing a bottom in terms of valuation, expectations, and holdings, with a potential turning point expected in Q3 2026. The soft drink market is showing strong performance from leading companies, with expectations for revenue growth above the industry average in 2026 [1][9]. Baijiu Industry Insights - **Market Dynamics**: The overall sentiment for Baijiu sales during the Spring Festival is cautious, with expectations of a year-on-year decline potentially reaching double digits. However, Moutai's significant price reduction may stimulate sales during low-frequency consumption scenarios [2][8]. - **Company Strategies**: - **Moutai**: Plans to stabilize overall product supply while adjusting the product mix to increase the availability of premium Moutai and 500ml Flying Moutai. This strategic shift is expected to have a profound impact on pricing and growth logic [4]. - **Luzhou Laojiao**: Focuses on maintaining stable apparent prices and ensuring stability in pricing, channels, and organizational structure to provide growth momentum during the recovery phase [5]. - **Investment Recommendations**: Companies such as Moutai, Fenjiu, and local brands like Gujing Gongjiu are recommended for their market share logic, while Wuliangye and Luzhou Laojiao are noted for their dividend security [1][8]. Soft Drink Market Insights - **Market Performance**: Leading companies in the soft drink sector are expected to maintain revenue growth above the industry average in 2026. Notable performers include Nongfu Spring and Dongpeng Special Drink, while Master Kong and Uni-President are seen as stable defensive investments [9][10]. - **Current Trends**: The market is experiencing significant competition, but leading companies are expected to leverage their channel and product advantages to maintain robust performance [9]. Tea Beverage Market - **Key Players**: Companies like Guming and Shanghai Auntie are rapidly expanding, with Guming planning to promote breakfast scenarios and Shanghai Auntie introducing coffee and health products. Both companies express confidence in same-store sales for 2026 [11]. Dairy Industry Insights - **Market Condition**: The dairy sector is currently experiencing weak demand but is expected to see a recovery in 2026. Companies like Yili, Mengniu, and New Dairy are recommended due to their stable fundamentals and growth potential [3][12][13]. Frozen Food Industry Insights - **Market Outlook**: The frozen food sector is showing positive prospects for 2026, with strong winter stocking and improved confidence among distributors. Companies like Anjijia, Qianwei Yangchun, and Sanquan Foods are optimistic about their outlook [14][15]. Seasonality and Consumer Behavior - **Consumer Trends**: The upcoming Spring Festival is expected to influence consumer behavior significantly, with increased stocking efforts noted across various sectors, including snacks and frozen foods. Companies are adjusting their strategies to meet this seasonal demand [17][18]. Recommendations for Investment - **Baijiu**: Focus on companies with strong market share logic and dividend security, such as Moutai and Luzhou Laojiao [8]. - **Soft Drinks**: Invest in leading brands like Nongfu Spring and Dongpeng, which are expected to outperform the market [9][10]. - **Dairy and Frozen Foods**: Look for opportunities in Yili, Mengniu, and Anjijia, which are positioned for growth in the recovering market [12][14]. Conclusion - The Baijiu industry is at a critical juncture, with potential for recovery in 2026, while the soft drink and dairy sectors are showing resilience and growth potential. Investors are advised to focus on companies with strong fundamentals and strategic positioning to capitalize on upcoming market opportunities [6][9][12].

Market Overview - The seasoning and fermentation sector experienced a decline of 1.29% on January 16, with Jialong Co., Ltd. leading the drop [1] - The Shanghai Composite Index closed at 4101.91, down 0.26%, while the Shenzhen Component Index closed at 14281.08, down 0.18% [1] Stock Performance - Notable gainers in the seasoning and fermentation sector included: - ST Jiajia (002650) with a closing price of 6.70, up 4.69% on a trading volume of 87,700 shares and a transaction value of 57.42 million yuan [1] - Zhu Laoliu (920726) closed at 23.73, up 4.54% with a trading volume of 92,600 shares and a transaction value of 214 million yuan [1] - Anji Food (603696) closed at 22.97, up 3.89% with a trading volume of 259,200 shares and a transaction value of 582 million yuan [1] - Decliners included: - Jialong Co., Ltd. (002495) closed at 2.57, down 2.65% with a trading volume of 296,900 shares and a transaction value exceeding 76.84 million yuan [2] - Lianhua Holdings (600186) closed at 6.08, down 2.41% with a trading volume of 726,100 shares and a transaction value of 444 million yuan [2] - Hai Tian Flavoring (603288) closed at 36.99, down 1.60% with a trading volume of 181,500 shares and a transaction value of 674 million yuan [2] Capital Flow - The seasoning and fermentation sector saw a net outflow of 254 million yuan from institutional investors, while retail investors contributed a net inflow of 158 million yuan [2] - The capital flow for specific stocks showed: - Zhu Laoliu (920726) had a net inflow of 15.38 million yuan from institutional investors [3] - ST Jiajia (002650) experienced a net outflow of 8.58 million yuan from institutional investors [3] - Anji Yeast (600298) had a net inflow of 6.59 million yuan from institutional investors [3]

Group 1 - The company Zhongju High-tech announced a share buyback plan, intending to use between RMB 300 million and RMB 600 million of its own and/or self-raised funds to repurchase shares at a price not exceeding RMB 26 per share [1] - The buyback is aimed at canceling shares and reducing the company's registered capital, pending approval at the first extraordinary shareholders' meeting in 2026 [1] - As of January 13, 2026, the top ten unrestricted shareholders hold approximately 296 million shares, accounting for 38.44% of the total shares [1] Group 2 - The article discusses the peculiar situation of Haili Biological, which saw a ninefold increase in valuation through acquisitions, yet its valuation halved within eight months [2] - Notably, the company's largest client is a company that has not yet been established, highlighting unusual circumstances surrounding its business operations [2]

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。 中炬高新技术实业（集团）股份有限公司 关于回购股份事项前十大股东和前十大无限售条件股东 持股情况的公告 中炬高新技术实业（集团）股份有限公司（以下简称：公司）于 2025 年 12 月 29 日召开第十一届董事会第五次会议，审议通过了《关于以集 中竞价方式回购股份的议案》，拟使用不低于人民币 3 亿元（含）、不 超过人民币 6 亿元（含）的自有资金和/或自筹资金，以不超过人民币 26.00 元/股的价格，通过集中竞价交易方式回购公司股份，用于注销并减少公 司注册资本，该回购方案尚需提交公司 2026 年第一次临时股东会审议。 回购方案、股东会通知相关内容详见公司 2025 年 12 月 31 日披露于上海 证券交易所网站（http://www.sse.com.cn）的《中炬高新关于以集中竞价 方式回购股份的方案》（公告编号：2025-073）、《中炬高新关于召开 2026 年第一次临时股东会的通知》（公告编号：2025-075）。 根据《上市公司股份回购规则》《上海证券交易所上市 ...

Group 1 - The company plans to repurchase shares using a budget of no less than RMB 300 million and no more than RMB 600 million, at a price not exceeding RMB 26.00 per share, through centralized bidding within 12 months from the approval date [1] - The company has obtained a loan commitment letter from China Merchants Bank Foshan Branch for a stock repurchase loan amounting to RMB 540 million, which will cover up to 90% of the actual repurchase amount [1][2] - The loan is designated for the specific purpose of repurchasing the company's shares and has a term of 36 months [1][3] Group 2 - The loan commitment letter is effective for 12 months from the date of issuance [2] - The company will adhere to relevant regulations and make repurchase decisions based on market conditions and available funds, while ensuring timely disclosure of progress to investors [3]