北京德恒律师事务所 关于河南明泰铝业股份有限公司 2025 年第三次临时股东会的 法律意见书 为出具本法律意见书，本所律师审查了明泰铝业本次股东会的有关文件和材 料。本所律师得到明泰铝业如下保证，即其已提供了本所律师认为作为出具本法 律意见书所必需的材料，所提供的原始材料、副本、复印件等材料、口头证言均 符合真实、准确、完整的要求，有关副本、复印件等材料与原始材料一致。 北京市西城区金融街 19 号富凯大厦 B 座 12 层 电话:010-52682888 传真:010-52682999 邮编:100033 北京德恒律师事务所 关于河南明泰铝业股份有限公司 2025 年第三次临时股东会的法律意见书 北京德恒律师事务所 关于河南明泰铝业股份有限公司 2025 年第三次临时股东会的 法律意见书 德恒 01G20250303-5 号 致：河南明泰铝业股份有限公司 北京德恒律师事务所（以下简称"德恒"或"本所"）接受河南明泰铝业股 份有限公司（以下简称"明泰铝业"或"公司"）委托，指派本所律师出席公司 2025 年第三次临时股东会（以下简称"本次股东会"），对本次股东会的合法 性进行见证并出具法律意见。 本法律意见书 ...

河南明泰铝业股份有限公司 2025年第三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 证券代码：601677 证券简称：明泰铝业 公告编号：临 2025-058 (一)股东会召开的时间：2025 年 11 月 3 日 (二)股东会召开的地点：河南明泰铝业股份有限公司会议室 (三)出席会议的普通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 | 567 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 336,401,348 | | 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 | 27.0523 | | 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，股东会主持情况 等。 本次会议由公司董事会召集，公司董事长刘杰先生主持，本次会议以现场投 票和网络投票相结合的方式召开，会议的召集、召开符合《公司法》、《公司章程》 等法律法规及规范性文件的规定。 ...

Core Viewpoint - The article highlights the high-quality development of Gongyi, a city that combines its rich historical heritage with modern industrial strength, showcasing a model for county-level development in China [3][5]. Industrial Development - Gongyi has transformed from a manufacturing hub to an intelligent manufacturing city, with significant advancements in industries such as high-precision aluminum and new materials [6][7]. - The city is home to the largest aluminum plate and foil processing base in China, accounting for approximately one-third of the national output [6]. - Gongyi has established 35 key intelligent manufacturing projects and 40 provincial-level smart factories, indicating a strong push towards digital transformation in traditional industries [6][7]. - The city supports innovation with 3 national-level and 106 provincial-level innovation platforms, leading to a significant increase in the added value of its main industries [7]. Cultural Integration - Gongyi is leveraging its rich cultural heritage, particularly the legacy of Du Fu, to enhance its tourism and cultural industries, creating a unique identity that attracts visitors [8][11]. - The city has developed a cultural tourism model that integrates historical sites and modern experiences, resulting in over 15.2 million visitors in the first nine months of the year, surpassing the total for the previous year [11]. Ecological Initiatives - Gongyi prioritizes ecological development, aiming to create a "park city" with a focus on green spaces and environmental sustainability [15][16]. - The city has been recognized as a national ecological civilization demonstration zone, reflecting its commitment to reducing pollution and enhancing green infrastructure [15][16]. Social Welfare and Living Standards - Gongyi has invested significantly in public welfare, with over 70% of its budget allocated to improving living conditions, including healthcare and education [16][17]. - The establishment of a county-level medical community has improved healthcare accessibility for residents, showcasing the city's commitment to enhancing the quality of life [17]. Conclusion - Gongyi's development strategy integrates industrial growth, cultural richness, ecological sustainability, and social welfare, providing a comprehensive model for other counties seeking transformation [18].

Core Viewpoint - Ming Tai Aluminum Industry experienced a slight decline of 0.26% on October 31, with a trading volume of 544 million yuan, indicating a stable market presence despite fluctuations in stock price [1] Financing Summary - On October 31, Ming Tai Aluminum had a financing buy-in amount of 86.24 million yuan, with a net financing buy of 27.99 million yuan after repayments [1] - The total financing and securities balance reached 866 million yuan, accounting for 4.71% of the circulating market value, which is above the 70th percentile of the past year, indicating a high level of financing activity [1] - The company repaid 34,200 shares in securities lending, with a remaining securities lending balance of 88,310 yuan, which is below the 30th percentile of the past year, suggesting low borrowing activity [1] Company Overview - Ming Tai Aluminum Industry, established on April 18, 1997, and listed on September 19, 2011, specializes in the research, production, and sales of aluminum plates, strips, and profiles [2] - The revenue composition includes various divisions, with the Henan Ming Tai division contributing 64.61% and the Ming Tai Technology division contributing 37.46% [2] - As of September 30, the number of shareholders increased to 57,200, while the average circulating shares per person decreased by 2.32% [2] Financial Performance - For the period from January to September 2025, Ming Tai Aluminum achieved a revenue of 25.874 billion yuan, reflecting a year-on-year growth of 9.38%, while the net profit attributable to shareholders decreased by 0.49% to 1.404 billion yuan [2] Dividend Information - Since its A-share listing, Ming Tai Aluminum has distributed a total of 1.364 billion yuan in dividends, with 533 million yuan distributed over the past three years [3] Institutional Holdings - As of September 30, 2025, Hong Kong Central Clearing Limited is the second-largest circulating shareholder, increasing its holdings by 59.148 million shares to 82.9587 million shares [3] - The Southern CSI 1000 ETF is a new entrant among the top ten circulating shareholders, holding 11.3749 million shares [3]

Core Insights - The third "Zhengzhou Entrepreneur Day" event was held on November 1, recognizing 55 individuals for their contributions to the high-quality economic and social development of Zhengzhou [2] Company Overview - Ming Tai Aluminum Industry Co., Ltd., represented by Chairman Liu Jie, has been a witness, participant, and beneficiary of Zhengzhou's growth as a manufacturing enterprise [4] - The company focuses on deep processing of aluminum and adheres to a development philosophy of "innovation, green, intelligence, and openness" [4] Development Strategy - Ming Tai Aluminum emphasizes increasing R&D investment to overcome key core technologies and extend products towards high-end markets [4] - The company is advancing digital transformation to enhance production efficiency and product quality stability [4] - A commitment to a green and low-carbon path is highlighted, with efforts to achieve energy consumption reduction and environmental improvement throughout the aluminum lifecycle [4] Collaboration and Future Goals - Liu Jie views the event as a platform for communication and consensus-building among entrepreneurs, aiming to strengthen collaboration and explore possibilities in supply chain coordination and resource sharing [4] - The goal is to enhance the overall competitiveness of Zhengzhou's industry and contribute to the construction of a modern industrial system in the context of China's modernization [4]

Core Insights - A total of 490 stocks in the Shanghai and Shenzhen markets have experienced net outflows of main funds for five consecutive days or more as of October 29 [1] - The stock with the longest continuous net outflow is Zhongju Gaoxin, with 31 days of outflows, followed by Hengshen New Materials with 21 days [1] - The largest total net outflow amount is from China Merchants Bank, with a cumulative outflow of 3.093 billion yuan over 12 days [1] Group 1: Stocks with Longest Net Outflows - Zhongju Gaoxin has seen net outflows for 31 days, with a total outflow of 559 million yuan and a cumulative decline of 6.91% [1] - Hengshen New Materials has recorded net outflows for 21 days, totaling 197 million yuan, with a decline of 9.80% [3] - China Merchants Bank has the highest net outflow amount of 3.093 billion yuan over 12 days, with a net outflow ratio of 6.98% and a cumulative increase of 1.65% [1] Group 2: Other Notable Stocks - Guotai Junan has experienced net outflows for 10 days, amounting to 1.877 billion yuan, with a net outflow ratio of 7.89% and a cumulative increase of 2.70% [1] - Shengbang Co. has seen net outflows for 12 days, totaling 1.826 billion yuan, with a net outflow ratio of 9.52% and a cumulative decline of 10.65% [1] - Huajian Group has recorded net outflows for 6 days, with a total outflow of 1.713 billion yuan and a significant decline of 40.29% [1] Group 3: Stocks with Significant Outflow Ratios - Jianan Intelligent has the highest net outflow ratio at 14.74%, with a decline of 2.98% over the past 5 days [1] - Other notable stocks with high outflow ratios include Huayi Development at 11.91% and Pianzaihuang at 11.84% [1] - The overall trend indicates a significant outflow of funds from various sectors, reflecting investor sentiment and market conditions [1]

投资者关系活动记录表 证券代码：601677 证券简称：明泰铝业 河南明泰铝业股份有限公司 | 投资者关系 |  电话交流会 □ 现场调研 □ 分析师会议 | | | | | | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 活动类别 | □ 业绩说明会 □ 路演活动 其他 | | □ | | | | | | | | | | | | | 地 点 | 线上会议 | | | | | | | | | | | | | | | 时 间 | 月 日 10 26 | | | | | | | | | | | | | | | 上市公司接 | 副总经理 财务总监 孙军训先生 | | | | | | | | | | | | | | | 待人员 | 证券事务代表 景奇浩先生 | | | | | | | | | | | | | | | | 长江证券 泰康资产 富安达基金 阳光资产 农银汇理 | | | | | | | | | | | | | 西部利 | | | ...

2025 年第三次临时股东会资料 河南明泰铝业股份有限公司 2025 年第三次临时股东会资料 河南·巩义 二〇二五年十月 2025 年第三次临时股东会资料 河南明泰铝业股份有限公司 2025 年第三次临时股东会会议议程 时 间：2025 年 11 月 3 日上午 10:00 地 点：河南明泰铝业股份有限公司会议室 主 持 人：刘杰先生 出席人员： 一、截止 2025 年 10 月 28 日交易结束后在中国证券登记结算有限责任公司 上海分公司登记在册的本公司全体股东； 二、已登记因故无法出席会议的股东，可以书面委托代理人出席，代理人不 必是公司股东； 三、公司董事、其他高级管理人员及公司聘任的律师。 议 程： 一、主持人宣布会议开始，介绍现场参会股东、股东代表人数及其所持股份 数； 二、推选监票人和计票人； 三、审议会议议案： 六、宣布现场表决结果； 七、休会，等待网络投票结果； 八、宣布总表决结果； 九、律师就本次股东大会宣读法律意见书； 十、宣布会议结束。 2025 年第三次临时股东会资料 议案一： 序号 议案名称 投票股东类型 A 股股东 非累积投票议案 1 《关于调整原募投项目拟投入募集资金金额、新增募 ...

证券代码：601677 证券简称：明泰铝业 公告编号：临 2025-057 河南明泰铝业股份有限公司 重要内容提示： 会议召开时间：2025 年 11 月 17 日(星期一)15:00-16:00 会 议 召 开 地 点 ： 上 海 证 券 交 易 所 上 证 路 演 中 心 （ 网 址 ： https://roadshow.sseinfo.com/） 关于召开 2025 第三季度业绩说明会的公告 会议召开方式：上证路演中心网络互动 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。 董事会秘书：雷鹏先生 投资者可于 2025 年 11 月 10 日(星期一)至 11 月 14 日(星期五)16:00 前登录 上 证 路 演 中 心 网 站 首 页 点 击 " 提 问 预 征 集 " 栏 目 或 通 过 公 司 邮 箱 mtzqb601677@126.com 进行提问。公司将在说明会上对投资者普遍关注的问题 进行回答。 河南明泰铝业股份有限公司（以下简称"公司"）于 2025 年 10 月 25 日发布 公司 2025 年第三季度 ...

Investment Rating - The investment rating for the company is "Accumulate" (maintained) [2] Core Views - The company reported a revenue of 25.874 billion yuan for the first three quarters of 2025, representing a year-on-year increase of 9.38%. The net profit attributable to shareholders was 1.404 billion yuan, a slight decrease of 0.49% year-on-year [8][9] - The company has shown continuous growth in production and sales, with a total output of 1.1945 million tons of aluminum plates, strips, foils, and profiles, marking an 8.6% increase year-on-year. The sales volume reached 1.1875 million tons, up 8.2% year-on-year [8][9] - The company is undergoing a high-end transformation, which is expected to enhance its profitability and operational efficiency. The focus on high-value-added products and green manufacturing is anticipated to further reduce costs and improve margins [8][9] Financial Performance Summary - For 2023, the company achieved a revenue of 26.442 billion yuan, with a projected revenue growth rate of 22.2% for 2024 and 14.1% for 2025. The net profit for 2023 was 1.347 billion yuan, with expected growth rates of 29.8% in 2024 and 11.8% in 2025 [7][10] - The earnings per share (EPS) for 2023 was 1.31 yuan, with projections of 1.46 yuan for 2024 and 1.57 yuan for 2025. The price-to-earnings (PE) ratio is expected to be 9.4 for 2025 [7][10] - The company’s return on equity (ROE) is projected to be 10.2% in 2025, indicating a strong financial performance [7][10] Production and Profitability Insights - The company’s processing profit per ton of aluminum products has been on the rise, reaching 1,509.1 yuan in Q3 2025, driven by high-end transformation and increased processing fees [8][9] - The company has made significant advancements in its new energy materials layout and high-end intelligent manufacturing, which are expected to enhance its production capacity in high-end aluminum materials [8][9] Future Projections - The company is expected to achieve revenues of 36.870 billion yuan in 2025, 40.027 billion yuan in 2026, and 42.769 billion yuan in 2027. The net profit attributable to shareholders is projected to be 1.954 billion yuan in 2025, 2.206 billion yuan in 2026, and 2.429 billion yuan in 2027 [8][9]