Group 1 - The domestic aircraft carrier concept sector declined by 0.68%, ranking among the top declines in the concept sector, with major declines seen in China Satellite, Optoelectronics, and North Navigation [1][2] - Among the stocks in the domestic aircraft carrier concept, 13 stocks saw price increases, with China Shipbuilding, AVIC Optoelectronics, and China Ship Defense leading the gains at 4.12%, 1.98%, and 1.70% respectively [1][3] - The domestic aircraft carrier concept experienced a net outflow of 934 million yuan from main funds today, with 27 stocks seeing net outflows, and 10 stocks with outflows exceeding 50 million yuan [2][3] Group 2 - The top net outflow stock was China Satellite, with a net outflow of 390 million yuan, followed by North Navigation and Haige Communication with net outflows of 143 million yuan and 139 million yuan respectively [2][3] - The stocks with the highest net inflow included China Shipbuilding, AVIC Optoelectronics, and China Ship Defense, with net inflows of 394 million yuan, 130 million yuan, and 18 million yuan respectively [2][3] - The overall performance of the domestic aircraft carrier concept was negatively impacted by significant outflows from key stocks, indicating a cautious market sentiment [1][2]

Core Viewpoint - The company has decided not to exercise the early redemption rights for the "Bo 23 Convertible Bonds" despite triggering the conditional redemption clause due to stock prices exceeding the specified threshold [1][3][4]. Group 1: Convertible Bond Issuance Overview - The company issued 17 million convertible bonds with a total value of 1.7 billion yuan, approved by the China Securities Regulatory Commission on December 22, 2023 [1][2]. - The bonds are set to be traded on the Shanghai Stock Exchange starting January 18, 2024, with a maturity period of five years and an interest rate of 1.8% [2]. Group 2: Redemption Terms and Trigger Conditions - The conditional redemption clause allows the company to redeem the bonds if the stock price remains above 130% of the conversion price for at least 15 trading days within a 30-day period [2][3]. - From August 11 to August 29, 2025, the stock price was above 19.08 yuan (130% of the conversion price of 14.68 yuan), triggering the redemption clause [1][3]. Group 3: Decision on Early Redemption - The company's board of directors convened on August 29, 2025, and resolved not to exercise the early redemption rights for the "Bo 23 Convertible Bonds" [3][4]. - The board will reassess the situation if the redemption conditions are met again after November 29, 2025 [4]. Group 4: Shareholder Activity - No trading of the "Bo 23 Convertible Bonds" occurred by major shareholders, including the actual controller and board members, in the six months leading up to the redemption condition [4]. Group 5: Sponsor's Verification Opinion - The sponsor confirmed that the decision not to redeem the bonds was approved by the board and complied with relevant regulations and the terms outlined in the offering prospectus [4].

重要内容提示： 自2025年8月11日至2025年8月29日15个交易日中，宁波博威合金材料股份有限公 司（以下简称"公司"）股票已有15个交易日收盘价不低于"博23转债"当期转股价格14.68 元/股的130%（19.08元/股），已触发"博23转债"的有条件赎回条款，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》）有条件赎回条款 的相关约定，公司董事会决定本次不行使"博23转债"的提前赎回权利，不提前赎回"博 23转债"。 未来三个月内（即2025年8月30日至2025年11月29日），若"博23转债"再次触 发赎回条款，公司均不行使提前赎回权利。以2025年11月29日之后的首个交易日重新计 算，若"博23转债"再次触发赎回条款，公司董事会将再次召开会议决定是否行使"博 23转债"的提前赎回权利。 一、可转债发行上市概况 经中国证券监督管理委员会"证监许可〔2023〕2509 号"文核准，本公司于 2023 年 12 月 22 日公开发行了 1,700 万张可转换公司债券，每张面值 100 元，发行总额 170,000.00 万元。 债券代码：113069 债券简称：博2 ...

国信证券股份有限公司 不提前赎回"博 23 转债"的核查意见 国信证券股份有限公司（以下简称"国信证券"、"保荐人"、"保荐机构"） 作为宁波博威合金材料股份有限公司（以下简称"公司"、"博威合金"）向不 特定对象发行可转换公司债券的保荐人，根据《证券发行上市保荐业务管理办法》 《可转换公司债券管理办法》《上海证券交易所上市公司自律监管指引第 12 号 ——可转换公司债券》等相关法律法规及规范性文件的规定，对博威合金不提前 赎回"博 23 转债"的事项进行了审慎核查，具体核查情况如下： 一、可转债发行上市概况 经中国证券监督管理委员会"证监许可〔2023〕2509 号"文核准，本公司于 2023 年 12 月 22 日公开发行了 1,700 万张可转换公司债券，每张面值 100 元， 发行总额 170,000.00 万元。 经上海证券交易所自律监管决定书[2024] 7 号文同意，公司 170,000.00 万 元可转换公司债券于 2024 年 1 月 18 日起在上交所挂牌交易，债券简称"博 23 转债"，债券代码"113069"。 本次发行的可转换公司债券的期限为自发行之日起五年，即自2023年12月22 ...

Group 1 - The core viewpoint of the news highlights the performance of the Nonferrous Metal Industry ETF (159876), which saw a price increase of over 2% during intraday trading, currently up by 1.49% [1] - Key constituent stocks include China Rare Earth, which hit the daily limit, and Jiangxi Copper and Shenghe Resources, with respective gains of 4.72% and 4.54% [1] - Conversely, stocks such as Bowe Alloy, Nanshan Aluminum, and Western Superconducting showed weaker performance, with declines of 2.89%, 2.85%, and 2.18% respectively [1] Group 2 - The Nonferrous Metal Industry ETF (159876) passively tracks the CSI Nonferrous Metals Index (930708), which increased by 1.59% on the same day [3] - The top ten weighted stocks in the index include Northern Rare Earth, Luoyang Molybdenum, Shandong Gold, and China Aluminum, among others [3] Group 3 - On August 26, Zijin Mining reported a revenue of 167.7 billion yuan and a net profit attributable to shareholders of 23.3 billion yuan for the first half of 2025, reflecting year-on-year growth of 11.5% and 54.4% respectively [5] - Huachuang Securities noted that Powell's comments reinforced expectations for interest rate cuts, which could support precious metal prices [5] - Recent declines in aluminum rod inventories indicate a recovery in market consumption, with the upcoming "Golden September and Silver October" season likely to bolster aluminum prices [5] - Nanjing Securities reported that copper prices are experiencing fluctuations, with stable support expected from traditional demand in real estate and infrastructure, as well as increasing demand from new energy vehicles and photovoltaic sectors [5]

Group 1 - The photovoltaic industry is experiencing a steady advancement in reversing internal competition, with a focus on short-term rebounds and long-term investment opportunities due to low valuations [1] - As of August 28, 2025, the CSI Photovoltaic Industry Index (931151) increased by 0.87%, with notable stock performances including Zhengtai Electric (601877) up 9.16% and Meichang Co., Ltd. (300861) up 8.50% [1] - The Photovoltaic ETF (516180) rose by 1.06%, with a recent price of 0.67 yuan, and has accumulated a 1.39% increase over the past week [1] Group 2 - As of July 31, 2025, the top ten weighted stocks in the CSI Photovoltaic Industry Index (931151) include Yangguang Electric (300274) and Longi Green Energy (601012), collectively accounting for 56.16% of the index [2]

Company Overview - 博威合金, established on January 22, 1994, and listed on January 27, 2011, is located in Ningbo, Zhejiang Province. The company specializes in the research, production, and sales of high-performance and high-precision non-ferrous alloy materials, solar cell components, and precision cutting wires [1][2]. Financial Performance - For the first half of 2025, 博威合金 achieved a revenue of 10.221 billion yuan, representing a year-on-year growth of 15.21%. The net profit attributable to shareholders was 676 million yuan, with a growth of 6.05% [2]. - Cumulatively, since its A-share listing, 博威合金 has distributed a total of 1.694 billion yuan in dividends, with 923 million yuan distributed over the past three years [3]. Stock Performance - As of August 27, 博威合金's stock price was 25.66 yuan per share, with a year-to-date increase of 29.60%. However, it has seen a decline of 6.35% over the last five trading days [1]. - The company has appeared on the龙虎榜 (a list of stocks with significant trading activity) twice this year, with the most recent appearance on August 13 [1]. Shareholder Information - As of August 20, 博威合金 had 44,100 shareholders, a decrease of 5.61% from the previous period. The average number of circulating shares per person increased by 6.19% to 18,439 shares [2]. - Notable shareholders include 光伏ETF (515790), which is the ninth largest shareholder with 5.6805 million shares, and 香港中央结算有限公司, which is the tenth largest shareholder with 4.9160 million shares, having reduced its holdings by 1.6831 million shares [3]. Industry Context - 博威合金 operates within the non-ferrous metals sector, specifically in the metal new materials category. The company is associated with several concepts, including fast charging, new energy vehicles, data centers (IDC), BYD concepts, and high-speed connectors [2].

Core Viewpoint - Ningbo Bowei Alloy Materials Co., Ltd. is holding its second extraordinary general meeting of shareholders in 2025 to discuss significant governance changes, including the cancellation of the supervisory board and amendments to the company's articles of association [1][2]. Group 1: Meeting Agenda - The meeting will include the introduction of attending shareholders, the election of vote counters, and the review and voting on the proposed resolutions [1]. - The agenda also includes the announcement of voting results and the reading of legal opinions by a witnessing lawyer [1]. Group 2: Proposal to Cancel the Supervisory Board - The company proposes to abolish the supervisory board, transferring its powers to the audit committee of the board of directors, in compliance with relevant laws and regulations [2]. - The current supervisory board will continue to perform its supervisory functions until the shareholders' meeting approves the cancellation [2]. Group 3: Changes in Registered Capital - The company plans to reduce its registered capital from 810,374,302 yuan to 810,094,302 yuan due to the repurchase and cancellation of 280,000 restricted stocks related to a former executive [2]. - The total share capital will also decrease correspondingly from 810,374,302 shares to 810,094,302 shares [2]. Group 4: Amendments to Articles of Association - Amendments to the articles of association will include the removal of references to the supervisory board and the addition of sections regarding controlling shareholders and independent directors [3]. - The revised articles will be submitted for approval at the shareholders' meeting, with the board authorized to handle related registration and filing matters [3]. Group 5: Governance System Revisions - The company has proposed revisions and abolitions of eight governance systems in light of the supervisory board's cancellation, which will be presented for shareholder approval [5]. - The board has already approved these changes in a prior meeting [5]. Group 6: Election of New Director - The company will propose the election of Chen Kelei as a new director of the sixth board, following the resignation of a current board member [6]. - Chen Kelei has extensive experience in international telecommunications and management, making him a suitable candidate for the board [6][8].

宁波博威合金材料股份有限公司 2025 年第二次临时股东大会会议资料 宁波博威合金材料股份有限公司 2025 年第二次临时股东大会会议资料 目 录 | | | | | | 宁波博威合金材料股份有限公司 | | | | | | 2025 | | | | | | | | | | 年第二次临时股东大会会议议程…………………2 | | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 、 1 | 《 | 关 | 于 | 取 | 消 | 监 | 事 | 会 | 、 | 变 | 更 | 公 | 司 | 注 | 册 | 资 | 本 | 并 | 修 | 订 < | 公 | 司 | 章 | 程 | > | 的 | 议 | 案 | 》 | | | | | … | | | … ...

Company Overview - Bowei Alloy, established on January 22, 1994, and listed on January 27, 2011, is located in Ningbo, Zhejiang Province. The company specializes in the R&D, production, and sales of high-performance and high-precision non-ferrous alloy materials, solar cell components, precision cutting wires, and welding wires [1][2]. Financial Performance - For the first half of 2025, Bowei Alloy achieved a revenue of 10.221 billion yuan, representing a year-on-year growth of 15.21%. The net profit attributable to shareholders was 676 million yuan, reflecting a growth of 6.05% [2]. - Since its A-share listing, Bowei Alloy has distributed a total of 1.694 billion yuan in dividends, with 923 million yuan distributed over the past three years [3]. Stock Performance - As of August 26, Bowei Alloy's stock price was 26.38 yuan per share, with a year-to-date increase of 33.24%. Over the past 60 days, the stock price has risen by 54.81% [1]. - The company has appeared on the "龙虎榜" (a list of stocks with significant trading activity) twice this year, with the most recent appearance on August 13 [1]. Shareholder Information - As of August 20, the number of shareholders for Bowei Alloy was 44,100, a decrease of 5.61% from the previous period. The average number of circulating shares per shareholder increased by 6.19% to 18,439 shares [2]. - Notable shareholders include the Guangfu ETF, which is the ninth largest shareholder with 5.6805 million shares, and Hong Kong Central Clearing Limited, which is the tenth largest shareholder with 4.916 million shares, having reduced its holdings by 1.6831 million shares [3]. Market Position - Bowei Alloy operates within the non-ferrous metals sector, specifically in the metal new materials category. The company is associated with several concept sectors, including fast charging, high-speed connectors, data centers, and new energy vehicles [2].