| 项目 | 金额 | | --- | --- | | 信用减值损失 | 1,968.19 | | 存货跌价准备 | 30,296.66 | | 固定资产、在建工程减值准备 | 70,255.50 | | 合计 | 102,520.35 | 二、计提资产减值准备事项的具体说明 （一）信用减值损失 证券代码：601137 证券简称：博威合金 公告编号：临2026-023 宁波博威合金材料股份有限公司 关于2025年度计提资产减值准备的公告 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。 为真实、公允地反映宁波博威合金材料股份有限公司（以下简称"公司"）2025 年 度的财务状况及经营成果，本着谨慎性原则，根据《企业会计准则》和公司会计政策相 关规定，公司对截至 2025 年 12 月 31 日合并报表范围内的各类资产进行了全面的检查 和减值测试，拟对可能发生资产减值损失的资产计提了资产减值准备。具体情况公告如 下： 一、计提资产减值准备的基本情况 根据《企业会计准则》及公司会计政策相关规定，公司对截至 2025 年年末资产进 行 ...

证券代码：601137 证券简称：博威合金 公告编号：临 2026-021 宁波博威合金材料股份有限公司 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： 一、 会议召开和出席情况 (一) 股东会召开的时间：2026 年 1 月 23 日 (二) 股东会召开的地点：宁波市鄞州区鄞州大道东段 1777 号 (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 | 804 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 335,949,306 | | 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 | 36.7020 | | 份总数的比例（%） | | (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。 是 (五) 公司董事和董事会秘书的列席情况 1、公司在任董事9人，列席9人； 2、董事会秘书王永生及其他高管列席会议。 二、 议案审议情况 本次会议是否有否决议 ...

Core Viewpoint - The company, Bo Wei Alloy (601137.SH), expects a significant decline in net profit for the year 2025, projecting a decrease of 88.92% to 92.61% compared to the previous year [1] Financial Projections - The estimated net profit attributable to shareholders for 2025 is projected to be between 100 million to 150 million yuan [1] - The estimated net profit attributable to shareholders after deducting non-recurring gains and losses is projected to be between 105 million to 155 million yuan [1] - The decrease in net profit after deducting non-recurring gains and losses is expected to be between 88.30% to 92.08% year-on-year [1]

Financial Performance Forecast - The company expects a net profit attributable to shareholders for 2025 to be between 100 million and 150 million yuan, a decrease of 125.35 million to 120.35 million yuan compared to the previous year, representing a decline of 92.61% to 88.92%[2] - The expected net profit attributable to shareholders after deducting non-recurring gains and losses for 2025 is projected to be between 105 million and 155 million yuan, a decrease of 121.99 million to 116.99 million yuan year-on-year, reflecting a decline of 92.08% to 88.30%[4] - The total profit for the previous year was 154.61 million yuan, with a net profit attributable to shareholders of 135.35 million yuan[5] Market Challenges - The company is facing a 307.78% anti-dumping and countervailing duty on photovoltaic products exported to the U.S. from Vietnam, impacting its ability to sell products in the U.S. market[6] - The U.S. "Inflation Reduction Act" restricts the company's ownership in U.S. new energy subsidiaries to a maximum of 25% starting January 1, 2026, affecting its eligibility for federal subsidies[6] - The company plans to recognize impairment provisions for fixed assets, construction in progress, and inventory related to its new energy business due to the unfavorable market conditions[6] - The company is actively pursuing equity transfer arrangements to optimize its position regarding its U.S. new energy subsidiary[6] Audit and Reporting - The performance forecast data has not been audited by a registered accountant, and investors are advised to exercise caution[7] - The company emphasizes that the forecast data is preliminary and the final figures will be disclosed in the audited annual report for 2025[9]

上海市锦天城律师事务所 关于宁波博威合金材料股份有限公司 2026 年第一次临时股东会的 法律意见书 地址：上海市浦东新区银城中路 501 号上海中心大厦 11/12 楼 电话：021-20511000 传真：021-20511999 邮编：200120 上海市锦天城律师事务所 法律意见书 上海市锦天城律师事务所 关于宁波博威合金材料股份有限公司 2026 年第一次临时股东会的 （一）本次股东会的召集 经核查，公司本次股东会由公司董事会召集。2026 年 1 月 7 日，公司召开 第六届董事会第二十二次会议，决议召集本次股东会。 1 上海市锦天城律师事务所 法律意见书 法律意见书 致：宁波博威合金材料股份有限公司 上海市锦天城律师事务所（以下简称"本所"）接受宁波博威合金材料股份 有限公司（以下简称"公司"）委托，就公司召开 2026 年第一次临时股东会（以 下简称"本次股东会"）的有关事宜，根据《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、规章和其他规范性文 件以及《宁波博威合金材料股份有限公司章程》（以下简称《公司章程》）的有 关规定，出具本法律意见书。 为出具本法 ...

Core Viewpoint - The stock of Bowei Alloy has shown a positive trend with a year-to-date increase of 10.44%, indicating strong market interest and potential growth in the company's performance [1]. Group 1: Stock Performance - As of January 23, Bowei Alloy's stock price reached 23.60 CNY per share, with a trading volume of 4.00 billion CNY and a market capitalization of 216.71 billion CNY [1]. - The stock has experienced a 3.06% increase over the past five trading days, a 7.37% increase over the past 20 days, and a 4.84% increase over the past 60 days [1]. Group 2: Financial Performance - For the period from January to September 2025, Bowei Alloy reported a revenue of 154.74 billion CNY, reflecting a year-on-year growth of 6.07%. However, the net profit attributable to shareholders decreased by 19.76% to 8.81 billion CNY [2]. - The company has distributed a total of 16.94 billion CNY in dividends since its A-share listing, with 9.23 billion CNY distributed over the past three years [3]. Group 3: Shareholder Information - As of January 9, 2025, the number of shareholders for Bowei Alloy increased by 5.88% to 56,000, while the average number of circulating shares per person decreased by 4.12% to 15,792 shares [2]. - Notable changes in institutional holdings include Hong Kong Central Clearing Limited becoming the seventh largest shareholder with an increase of 5.93 million shares, and Nuoan Pioneer Mixed A entering as the eighth largest shareholder with 8.32 million shares [3].

Investment Rating - The report maintains a "Buy" rating for the metal industry, specifically recommending companies such as Huaxi Nonferrous, Xiyegongsi, Boqian New Materials, and others [2][3]. Core Insights - The report highlights the tightening supply of strategic metals due to export controls and geopolitical factors, which is expected to drive prices upward. The integration of AI technology is anticipated to create new opportunities in electronic materials [9][10]. - Tin supply is under pressure due to slow recovery in Myanmar and regulatory changes in Indonesia, leading to a persistent shortage [26][35]. - Tungsten is positioned as a critical material for high-end manufacturing, with supply constraints expected to support long-term price increases [9][10]. - Antimony supply remains rigid, with recent export control relaxations likely to narrow the price gap between domestic and international markets [9][10]. - The rare earth materials sector is expected to see price stabilization and growth due to increasing demand from electric vehicles and energy-efficient technologies [9][10]. Summary by Sections 1. Strategic Metals and Supply Dynamics - The report emphasizes the strategic importance of metals like tungsten, antimony, and rare earths, which are crucial for technology and military applications. China holds a dominant position in the supply of these metals, with import dependency for many industrial metals exceeding 50% [16][20]. - Export controls on strategic metals have led to significant price increases domestically, with prices expected to continue rising as global demand grows [21][22]. 2. AI Technology and Electronic Materials - The report discusses the impact of AI technology on the demand for electronic materials, predicting a dual increase in both volume and price as the technology evolves [9][10]. - The need for advanced electronic components that can handle higher power and efficiency is driving innovation in materials used in AI applications [9][10]. 3. Investment Recommendations - The report recommends focusing on domestic strategic resource sectors and companies benefiting from AI technology advancements. Key companies highlighted include Huaxi Nonferrous, Xiyegongsi, Boqian New Materials, and others [13][10].

Group 1 - The core announcement is that the company, Bowei Alloy, will stop trading its "Bo 23 Convertible Bonds" after the market closes on January 16, 2026, and all unconverted bonds will be frozen after January 21, 2026 [2] - A total of 14,670 "Bo 23 Convertible Bonds" will be redeemed, with a total redemption amount of RMB 1,467,996.96, including interest for the current period [2] - The redemption payment date is set for January 22, 2026, and following the completion of this early redemption, the company's total share capital will increase to 918,254,241 shares [2]

Group 1 - The report emphasizes the strategic importance of key metals, highlighting that supply control and application demand in critical fields like technology and military are crucial for pricing [16][20][21] - The report identifies significant supply disruptions in tin due to slow recovery in Myanmar and regulatory changes in Indonesia, leading to a persistent tight supply situation [26][35][40] - The report notes that tungsten is a backbone of high-end manufacturing, with supply tightening driving significant price increases, supported by steady demand from sectors like photovoltaics and military applications [9][16][21] Group 2 - The report discusses the impact of AI technology on the development of electronic new materials, indicating that advancements in AI will drive demand for upgraded materials to meet higher performance requirements [9][10][12] - The report recommends investing in domestic strategic resource sectors and electronic new materials benefiting from AI technology, highlighting specific companies such as Huaxi Nonferrous, Xiyegongsi, and others [13][21] - The report outlines the tightening supply of antimony and the potential for price convergence due to the relaxation of export controls, which may benefit domestic demand [9][10][12]

| 证券代码：601137 | 证券简称：博威合金 | 公告编号：临 2026-020 | | --- | --- | --- | | 债券代码：113069 | 债券简称：博 23 转债 | | 宁波博威合金材料股份有限公司关于 实施"博 23 转债"赎回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： 一、本次可转债赎回公告情况 （一）赎回条件的成就情况 宁波博威合金材料股份有限公司（以下简称"公司"）股票自 2025 年 12 月 1 日至 2025 年 12 月 19 日连续 15 个交易日内有 15 个交易日收盘价格不低于"博 23 转债"当期转股价格的 130％（19.08 元/股），根据公司《向不特定对象发行可 转换公司债券募集说明书》（以下简称《募集说明书》）的约定，已满足"博 23 转债"的赎回条件。 （二）本次赎回事项公告披露情况 公司于 2025 年 12 月 19 日召开第六届董事会第二十一次会议审议通过了《关 于提前赎回"博 23 转债"的议案》,决定行使公司"博 ...