Company Overview - Qizhou Dongfeng New Materials Group Co., Ltd. is located in Shantou, Guangdong Province, and was established on December 30, 1983. The company was listed on February 16, 2012. Its main business involves the design, production, and sales of cigarette labels and related packaging materials [1][2]. Financial Performance - For the period from January to September 2025, Qizhou Dongfeng achieved operating revenue of 916 million yuan, a year-on-year decrease of 12.54%. The net profit attributable to the parent company was -95.4971 million yuan, representing a year-on-year increase of 49.83% [2]. - The company has cumulatively distributed 4.134 billion yuan in dividends since its A-share listing, with a total of 46.0741 million yuan distributed over the past three years [3]. Stock Performance - As of November 13, Qizhou Dongfeng's stock price increased by 2.05%, reaching 4.97 yuan per share, with a total market capitalization of 9.262 billion yuan. The stock has risen by 24.87% year-to-date, with a recent decline of 0.40% over the last five trading days [1]. - The company has appeared on the "Dragon and Tiger List" three times this year, with the most recent appearance on January 24 [1]. Shareholder Information - As of September 30, 2025, the number of shareholders for Qizhou Dongfeng was 31,500, a decrease of 11.45% from the previous period. The average circulating shares per person increased by 12.28% to 59,077 shares [2]. - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited holds 11.9868 million shares, a decrease of 932,700 shares compared to the previous period [3]. Industry Classification - Qizhou Dongfeng is classified under the light industry manufacturing sector, specifically in packaging and printing, with a focus on paper packaging. The company is associated with concepts such as low price, state-owned enterprise reform, small-cap stocks, industrial hemp, and margin financing [2].

Group 1 - The company has changed its continuous supervision sponsor representative due to the work transfer of the previous representative, Meng Chao, with Hu Mengjie now taking over the responsibilities [1][2] - The new sponsor representative, Hu Mengjie, is a deputy director in the investment banking business line at Huatai United Securities and a certified public accountant, with experience in significant asset transactions and capital raising projects [4] Group 2 - The company has terminated a fundraising project related to the production of medicinal glass bottles due to various external factors affecting market demand and has decided to permanently supplement its working capital with the remaining funds from this project [5][6] - The remaining funds amount to approximately RMB 285.27 million and have been transferred to the company's general bank account for operational use [9][11] - The company has completed the cancellation of the fundraising accounts associated with the terminated project [10][11]

证券日报网讯 11月12日晚间，衢州东峰发布公告称，公司公开发行可转换公司债券项目、非公开发行 股票项目的保荐机构为华泰联合证券有限责任公司（简称"华泰联合证券"），现持续督导期内的保荐代 表人为孟超先生与李威先生。近日，公司收到华泰联合证券出具的《华泰联合证券有限责任公司关于更 换衢州东峰新材料集团股份有限公司公开发行可转换公司债券持续督导保荐代表人的函》《华泰联合证 券有限责任公司关于更换衢州东峰新材料集团股份有限公司非公开发行股票持续督导保荐代表人的 函》，因保荐代表人孟超先生工作变动，不能继续担任持续督导期的保荐工作。根据相关法律法规及监 管规定的要求，为保证持续督导工作的有序进行，华泰联合证券决定更换保荐代表人，由保荐代表人胡 梦婕女士接替孟超先生履行公司公开发行可转换公司债券以及非公开发行股票的持续督导职责。 （编辑 任世碧） ...

证券代码：601515 证券简称：衢州东峰 公告编号：临 2025-084 衢州东峰新材料集团股份有限公司 关于 2020 年度非公开发行 A 股股票部分募集资金 投资项目终止及将节余募集资金永久性补充流动资金 的进展公告 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、事项概述 衢州东峰新材料集团股份有限公司（以下简称"公司"）于 2025 年 10 月 18 日召开的第六届董事会第五次会议、第六届监事会第四次会议及于 2025 年 11 月 5 日召开的 2025 年第二次临时股东大会已审议通过《关于 2020 年度非公开发行 A 股股票部分募集资金投资项目终止及将节余募集资金永久性补充流动资金的议 案》：公司 2020 年度非公开发行 A 股股票募投项目之一的"东峰首键年产 65 亿 只药用玻璃瓶生产基地项目"，实施主体为公司控股子公司重庆东峰首键药用玻 璃包装有限公司（以下简称"东峰首键"），该募投项目虽已在前期经过了充分 的可行性研究与论证，但受外部宏观环境波动、医药集采政策深化、医保支付改 革及医药市场竞争加剧 ...

证券代码：601515 证券简称：衢州东峰 公告编号：临 2025-085 衢州东峰新材料集团股份有限公司 关于变更持续督导保荐代表人的公告 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。 本次变更后，公司公开发行可转换公司债券以及非公开发行股票的持续督导 保荐代表人为胡梦婕女士（简历附后）与李威先生。 特此公告。 衢州东峰新材料集团股份有限公司 董事会 2025 年 11 月 13 日 附：胡梦婕女士简历 胡梦婕女士：华泰联合证券投资银行业务线副总监、保荐代表人、中国注册 会计师。曾负责或主要参与的项目包括国投安信重大资产出售和重大资产购买、 华友钴业发行股份购买资产及募集配套资金、宏盛科技发行股份购买宇通重工并 募集配套资金和重大资产出售、北方特种能源集团收购江南化工以及钧达股份非 公开发行股票等项目。 衢州东峰新材料集团股份有限公司（以下简称"公司"）公开发行可转换公 司债券项目、非公开发行股票项目的保荐机构为华泰联合证券有限责任公司（以 下简称"华泰联合证券"），现持续督导期内的保荐代表人为孟超先生与李威先 生。 近日 ...

Core Viewpoint - The company has announced the termination of its project for the production base of 6.5 billion medicinal glass bottles due to limited business enhancement from external environment, policies, and market competition [1] Group 1: Project Termination - The project "东峰首键年产65亿只药用玻璃瓶生产基地项目" has been officially terminated [1] - The decision was influenced by external factors, policy changes, and market competition, which rendered the project's continuation ineffective for business improvement [1] Group 2: Fund Allocation - The remaining raised funds from the terminated project will be permanently allocated to supplement working capital [1] - A total of 285 million yuan will be transferred to the company's general account by November 12, 2025 [1] - The subsidiary 东峰首键 will transfer 4.3413 million yuan to its general account by November 11 [1] Group 3: Fund Account Closure - The company and 东峰首键 have completed the cancellation procedures for the corresponding fundraising special accounts on November 12 and 11, respectively [1]

Core Insights - The commercial vehicle market in China is experiencing a significant shift towards electrification and globalization, marking a critical turning point for the industry [5][8] - The China International Commercial Vehicle Exhibition showcased a strong emphasis on new energy vehicles, with a ratio of 2:1 between new energy and fuel vehicles [5] - The penetration rate of new energy commercial vehicles is expected to exceed 30% by the end of the year, with a projected increase to over 35% by 2030 [5][7] Market Trends - The transition from policy-driven to market-driven sales of new energy commercial vehicles is evident, with a 61.4% year-on-year increase in sales for the first nine months of the year [5][6] - Various technology routes, including methanol, hydrogen, pure electric, and hybrid, are being pursued simultaneously in the commercial vehicle sector [6][7] - The cost of battery systems has decreased significantly from 800 yuan per kilowatt to 500 yuan per kilowatt over the past five years, alleviating concerns about the range of new energy commercial vehicles [6] Product Innovations - Major manufacturers like BYD, FAW Jiefang, and Dongfeng are launching multiple new energy models, including pure electric and hydrogen fuel cell vehicles [6][7] - Dongfeng's collaboration with Huawei on the Tianlong KL ultra-fast charging tractor allows for an 80% charge in under 20 minutes, showcasing advancements in charging technology [6] Global Expansion - The export of Chinese commercial vehicles is on the rise, with expectations to exceed 150,000 units this year, contributing to a total revenue of 49 billion yuan [8] - The export of new energy commercial vehicles has seen a 150% increase year-on-year, indicating growing competitiveness in international markets [9] - Challenges remain in localizing research and development, adapting charging networks, and enhancing compliance certification for overseas markets [9] Future Outlook - The next five years will see a further increase in the penetration of new energy in global commercial vehicles, alongside the emergence of intelligent driving technologies [9] - The industry is shifting from competing on price to competing on value, emphasizing the importance of long-term strategies and brand building in international markets [9]

Core Viewpoint - Dongfeng is actively enhancing its commercial vehicle segment, focusing on the launch of new products and strategic initiatives to capture market share in the light commercial vehicle (LCV) sector [1][4][12]. Group 1: Product Development and Launches - Dongfeng's Ruida V8E blind window version won six awards at the NEVC 2025 China New Energy Commercial Vehicle Challenge, highlighting its competitive edge [1]. - The Ruida series, built on a new generation V platform, offers versatile configurations and is designed for both fuel and electric power, catering to diverse market needs [7][11]. - The upcoming high-end light truck brand aims to redefine market standards and enhance Dongfeng's presence in specialized logistics sectors [11][12]. Group 2: Strategic Business Layout - Dongfeng Group's "4+2" strategy consolidates its commercial vehicle operations into four autonomous business units, with a strong emphasis on integrating resources for better efficiency [4][5]. - The establishment of the Dongfeng Commercial Vehicle Division marks a significant step in promoting integrated operations and focusing on new energy and intelligent connected vehicles [4][13]. - The company is committed to optimizing its LCV business and accelerating the development of new energy vehicles, ensuring competitiveness in core models [5][9]. Group 3: Marketing and Network Expansion - Dongfeng is implementing a unified marketing strategy to enhance its sales network, aiming for a comprehensive coverage of both fuel and electric vehicles [12][16]. - The company plans to establish 1,300 sales outlets and 2,000 service stations to improve customer access and service quality [12]. - The marketing approach emphasizes the synergy between product strength and brand communication to navigate a highly competitive market environment [16].

Group 1 - The 2025 China International Commercial Vehicle Exhibition will officially open in Wuhan on November 10, showcasing major developments in the commercial vehicle industry [1] - FAW Jiefang will present multiple new energy star models, including heavy and light trucks, and will make significant moves in the aftermarket sector [2][4] - Dongfeng Commercial Vehicle will showcase 6 green intelligent exhibition vehicles and 7 technological achievements, emphasizing its leadership in smart and low-carbon solutions [5][7] Group 2 - Dongfeng Motor Corporation will launch a new high-end light truck brand aimed at becoming a leader in efficient fresh food transportation [8][11] - BYD will debut its full lineup of commercial vehicles, including the global launch of the pure electric truck T4, demonstrating its commitment to a comprehensive strategy in the commercial vehicle sector [13][15] - Dongfeng Liuzhou Motor will present 6 star models, with half being new energy vehicles, showcasing advancements in commercial vehicle electrification and intelligence [17][19] Group 3 - Jianghuai will globally launch the new generation strategic product ET9 at the exhibition, featuring five industry-first technologies aimed at revolutionizing logistics efficiency [21] - CIMC Vehicles will present multiple new products across three exhibition platforms, highlighting its commitment to innovative production capabilities [24][26] - Yuchai will showcase 6 products, including diesel and natural gas engines, as well as three new energy solutions, contributing to the national carbon neutrality goals [29][31][33]

Core Points - The company has undergone changes in its name, stock abbreviation, and registered address due to a change in its controlling shareholder and actual controller [1] - The company completed the registration change on November 5, 2025, as approved by the Zhejiang Provincial Market Supervision Administration [1] Group 1 - The company is now named Quzhou Dongfeng New Materials Group Co., Ltd. with a registered capital of 1.84297169 billion RMB [1] - The new registered address is Room 602, No. 677, Century Avenue, Xinxin Street, Kecheng District, Quzhou City, Zhejiang Province [1] - The company operates in new materials technology research and development, emerging energy technology research, and various technical services [1]