上海泽昌律师事务所 关于山东先达农化股份有限公司 2020 年限制性股票激励计划第三个解除限售期 关于山东先达农化股份有限公司 2020年限制性股票激励计划第三个解除限售期 解除限售条件成就的 解除限售条件成就的 法律意见书 上海市浦东新区世纪大道 1589 号长泰国际金融大厦 11 层 邮编：200120 电话：021-61913137 传真：021-61913139 二零二三年九月 上海泽昌律师事务所 法律意见书 泽昌证字2020-05-11-06 致：山东先达农化股份有限公司 本所接受山东先达农化股份有限公司（以下简称"公司"）委托，就公司 2020 年限制性股票激励计划第三个解除限售期解除限售条件成就（以下简称 "本次解除限售"）相关事项出具本法律意见书。 本所及经办律师依据《中华人民共和国公司法》（以下简称《公司法》）、 《中华人民共和国证券法》（以下简称《证券法》）、《上市公司股权激励管 理办法》（以下简称《管理办法》）、《律师事务所从事证券法律业务管理办 法》和《律师事务所证券法律业务执业规则（试行）》等有关法律、法规和中 国证监会的有关规定及本法律意见书出具日以前已经发生或者存在的事实，按 照 ...

一、关于公司2020年限制性股票激励计划第三个解除限售期解除限售条件 成就的独立意见 公司 2020 年限制性股票激励计划第三个解除限售期解除限售条件已成 就，本次解除限售事项符合《上市公司股权激励管理办法》及公司《2020 年限制性股票激励计划（草案）》等相关规定。公司具备实施限制性股票激 励计划的主体资格，未发生限制性股票激励计划中规定的不得解除限售的情 形，且激励对象主体资格合法、有效，不存在损害公司及股东利益的情形， 根据公司 2020 年第一次临时股东大会的授权，同意对符合解除限售条件的 32 名激励对象第三个可解除限售期的 1,787,991 股限制性股票办理解除限 售暨上市的相关事宜。 （以下无正文） 山东先达农化股份有限公司独立董事 关于第四届董事会第十四次会议相关事项的独立意见 根据《中华人民共和国公司法》（以下简称"《公司法》"）《上市公司独立董 事管理办法》《上海证券交易所股票上市规则》等相关法律法规、规范性文件及 《公司章程》的规定，我们作为山东先达农化股份有限公司（以下简称"公司"） 的独立董事，基于独立判断的立场，秉持审慎负责的态度，在审阅相关文件及进 行尽职调查后，就第四届董事会 ...

关于 2020 年限制性股票激励计划第三个解除限售期解除限售 条件成就暨上市的公告 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、准确性和完整性依法承担法律责任。 如有董事对临时公告内容的真实性、准确性和完整性无法保证或存在异议的， 公司应当在公告中作特别提示。 重要内容提示： 证券代码：603086 证券简称：先达股份 公告编号：2023-040 山东先达农化股份有限公司 本次股票上市类型为股权激励股份；股票认购方式为网下，上市股数为 1,787,991 股。 本次股票上市流通总数为 1,787,991 股。 本次股票上市流通日期为 2023 年 9 月 22 日。 山东先达农化股份有限公司（以下简称"公司"）于 2023 年 9 月 15 日召开第 四届董事会第十四次会议和第四届监事会第十四次会议，审议通过了《关于公司 2020 年限制性股票激励计划第三个解除限售期解除限售条件成就的议案》，认为公 司 2020 年限制性股票激励计划授予的限制性股票第三个限售期解除限售条件已成 就，同意对符合解除限售条件的 32 名激励对象第三个可解除限售期的 1,7 ...

山东先达农化股份有限公司 关于完成工商变更登记的公告 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个别及连带责任。 山东先达农化股份有限公司（以下简称"公司"）于 2023 年 6 月 29 日召开 2023 年第一次临时股东大会，审议通过了《关于回购注销 2020 年限制性股票激 励计划部分限制性股票并调整回购价格的议案》《关于减少注册资本暨修订公司 章程的议案》，具体内容详见公司在上海证券交易所网站及指定媒体披露的相关 公告。 公司现已完成相关工商变更登记手续，并取得滨州市行政审批服务局换发的 《营业执照》，新《营业执照》基本信息如下： 证券代码：603086 证券简称：先达股份 公告编号：2023-039 统一社会信用代码：913700007433656097 名称：山东先达农化股份有限公司 类型：股份有限公司（上市、自然人投资或控股） 住所：博兴经济开发区 法定代表人：王现全 注册资本：肆亿叁仟肆佰捌拾壹万叁仟壹佰肆拾叁元整 成立日期：2002 年 09 月 20 日 经营范围：农药原药合成、制剂复配；工业自产副产品硫酸铵、氯 ...

证券代码：603086 证券简称：先达股份 公告编号：2023-038 山东先达农化股份有限公司 特此公告。 山东先达农化股份有限公司董事会 2023年9月7日 关于延期更换选举独立董事的公告 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个别及连带责任。 山东先达农化股份有限公司（以下简称"公司"）现任独立董事仲涛先生自 2017 年 9 月 6 日起连续担任公司独立董事届满六年。根据《上市公司独立董事 管理办法》关于"独立董事每届任期与上市公司其他董事任期相同，任期届满， 可以连选连任，但是连续任职不得超过六年"的规定，公司需要更换选举独立董 事。 目前，公司正在积极筹备更换选举独立董事的相关工作，但由于公司独立董 事候选人的提名工作尚未完成，为了保持相关工作的准确性、连续性和稳定性， 公司决定延期更换选举独立董事。在公司独立董事更换选举工作完成之前，仲涛 先生将依照法律、法规和《公司章程》的规定继续履行独立董事职责和义务。公 司独立董事的延期更换选举不会影响公司董事会的正常运行。公司将在相关独立 董事提名人选确定后，尽快完成独立董 ...

Financial Performance - The company's operating revenue for the first half of 2023 was CNY 1,304,618,227.96, a decrease of 21.59% compared to CNY 1,663,757,427.93 in the same period last year[17]. - The net profit attributable to shareholders for the first half of 2023 was CNY 51,553,575.34, down 73.94% from CNY 197,814,620.49 in the previous year[17]. - The net cash flow from operating activities was CNY 98,316,460.76, a decline of 60.17% compared to CNY 246,870,494.55 in the same period last year[17]. - The basic earnings per share for the first half of 2023 were CNY 0.12, a decrease of 73.33% from CNY 0.45 in the same period last year[19]. - The weighted average return on net assets was 2.35%, down 7.86 percentage points from 10.21% in the previous year[19]. - The net profit after deducting non-recurring gains and losses was CNY 47,589,006.01, down 77.52% from CNY 211,701,725.24 in the same period last year[17]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 3,526,800,798.01, an increase of 5.19% from CNY 3,352,790,819.76 at the end of the previous year[17]. - The net assets attributable to shareholders at the end of the reporting period were CNY 2,158,289,367.90, a slight decrease of 0.83% from CNY 2,176,337,674.88 at the end of the previous year[17]. - Total liabilities reached RMB 1,360,895,805.09, compared to RMB 1,171,746,054.18, which is an increase of about 16.1%[116]. - The company's equity attributable to shareholders decreased slightly to RMB 2,158,289,367.90 from RMB 2,176,337,674.88, a decline of approximately 0.8%[116]. Market and Industry Trends - The agricultural chemicals industry is experiencing a gradual adjustment in 2023, influenced by global economic fluctuations and high inventory levels in overseas markets[25][26]. - The pesticide price index has been declining, with herbicide sales experiencing a general downturn due to weak overseas demand and a sluggish terminal market[26]. - The company faces intensified market competition, leading to a downward trend in industry prices, which may impact performance[50]. Research and Development - The company focuses on the research, production, and sales of safe, efficient, low-toxicity, and environmentally friendly pesticide raw materials and formulations[28]. - The company has established an innovation research institute and recruited top industry experts to lead new product development, focusing on new compounds and proprietary patents[32]. - The company has established a strong R&D team and increased investment in research to drive innovation and product quality improvements[33]. - The company is enhancing its technological innovation capabilities through partnerships with domestic universities and research institutions[28]. Environmental Compliance - The company has maintained compliance with all wastewater and air emissions standards during the reporting period[69]. - The company is committed to enhancing safety and environmental protection measures due to the hazardous nature of some raw materials and production processes[54]. - The company has implemented measures to reduce carbon emissions by minimizing traditional energy use and enhancing resource conservation[81]. Shareholder and Capital Management - The company distributed cash dividends of CNY 2.50 per 10 shares, totaling CNY 77,653,240, and increased the share capital by 124,245,184 shares through capital reserve conversion[19]. - The company did not propose any profit distribution or capital reserve transfer plan for the first half of 2023[58]. - The company has proposed a three-year shareholder return plan for 2023-2025[56]. Financial Stability and Risks - Raw material price fluctuations pose a significant risk, with costs influenced by international political and economic conditions[51]. - The company exports a significant portion of its products, with sales primarily denominated in USD, making it vulnerable to exchange rate fluctuations[52]. - The company is committed to reducing waste emissions and simplifying production processes through the development of new technologies and equipment[32]. Legal and Regulatory Compliance - There were no significant lawsuits or arbitration matters during the reporting period, indicating a stable legal environment for the company[88]. - The company and its major shareholders have not received any penalties from regulatory authorities, maintaining a good integrity status[88]. - The company has not reported any significant changes in the audit opinion from the previous annual report, suggesting consistent financial practices[88]. Financial Reporting and Accounting Policies - The financial statements are prepared based on the assumption of going concern, with no significant doubts regarding the company's ability to continue operations for the next 12 months[152]. - The company adheres to the accounting standards for enterprises, ensuring that financial statements accurately reflect its financial position and operating results[154]. - The company employs a consolidated financial statement approach, including all subsidiaries under its control, to present a unified financial picture[164].

证券代码：603086 证券简称：先达股份 公告编号：2023-037 根据上海证券交易所《上市公司行业信息披露指引第十八号—化工》等相关 规定，山东先达农化股份有限公司（以下简称"公司"）现将 2023 年半年度主 要经营数据披露如下（均不含税）： | 产品 | 主要产品 | 2023 | 年 | 1-6 | 月产 | 2023 年 | 1-6 | 月销 | 2023 | 年 | 1-6 | 月销 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 类别 | | | 量（吨） | | | 量（吨） | | | 售金额（万元） | | | | | 除草剂 | 烯草酮系列 | | 2,761.23 | | | 2,248.10 | | | 26,328.39 | | | | | | 咪草烟系列 | | 876.99 | | | 827.18 | | | 18,283.23 | | | | | | 灭草烟系列 | | 783.07 | | | 828.63 | | | 21,098.85 | | | ...

证券代码：603086 证券简称：先达股份 公告编号：2023-036 本次回购注销股份的有关情况： | 回购股份数量（股） | 注销股份数量（股） | 注销日期 | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | | 45,001 | 45,001 | | 2023 年 | 8 | 月 | 25 | 日 | 一、本次限制性股票回购注销的决策与信息披露 1、山东先达农化股份有限公司（以下简称"公司"）于 2023 年 6 月 13 日召 开第四届董事会第十二次会议和第四届监事会第十二次会议，审议通过了《关于 回购注销 2020 年限制性股票激励计划部分限制性股票并调整回购价格的议案》， 公司独立董事对此发表了独立意见，上海泽昌律师事务所对本次回购注销事项出 具了法律意见书。 山东先达农化股份有限公司 关于 2020 年限制性股票激励计划部分限制性股票 回购注销实施公告 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个别及连带责任。 重要内容提示： 回购注销原因： 公 ...

上海泽昌律师事务所 法律意见书 上海泽昌律师事务所 关于山东先达农化股份有限公司 2020 年限制性股票激励计划回购注销部分限制性股票 并调整回购价格的 法律意见书 上海市浦东新区世纪大道 1589 号长泰国际金融大厦 11 层 电话：021-61913137 传真：021-61913139 邮编：200120 二零二三年六月 上海泽昌律师事务所 法律意见书 上海泽昌律师事务所 关于山东先达农化股份有限公司 2020 年限制性股票激励计划回购注销 部分限制性股票并调整回购价格的 法律意见书 泽昌证字 2023-05-05-01 致：山东先达农化股份有限公司 本所接受山东先达农化股份有限公司（以下简称"先达股份"或"公司"） 委托，就公司回购注销 2020 年限制性股票激励计划部分限制性股票并调整回购 价格(以下简称"本次回购注销")相关事项出具本法律意见书。 本所及经办律师依据《中华人民共和国公司法》（以下简称"《公司法》"）、 《中华人民共和国证券法》（以下简称"《证券法》"）、《上市公司股权激励 管理办法》（以下简称"《管理办法》"）、《律师事务所从事证券法律业务管 理办法》和《律师事务所证券法律业务执业 ...

Financial Performance - The company's operating revenue for 2022 was CNY 3,125,923,462.62, representing a 41.92% increase compared to CNY 2,202,538,106.69 in 2021[19] - The net profit attributable to shareholders for 2022 was CNY 381,199,039.53, a significant increase of 114.90% from CNY 177,380,335.82 in the previous year[19] - The net profit after deducting non-recurring gains and losses reached CNY 420,217,141.57, marking a 178.94% increase from CNY 150,648,746.13 in 2021[19] - The net cash flow from operating activities was CNY 364,450,131.02, up 62.62% from CNY 224,108,606.00 in 2021[19] - As of the end of 2022, the net assets attributable to shareholders were CNY 2,176,337,674.88, an 18.42% increase from CNY 1,837,878,062.69 at the end of 2021[19] - The total assets at the end of 2022 amounted to CNY 3,352,809,660.06, reflecting a 23.03% increase from CNY 2,725,106,027.36 in 2021[19] - Basic earnings per share rose to 1.23 yuan, up 115.79% from 0.57 yuan in 2021[20] - The weighted average return on equity increased to 18.63%, up 8.58 percentage points from 10.05% in 2021[20] - The company's debt-to-asset ratio stood at 34.95%[27] Dividend and Shareholder Returns - The company plans to distribute a cash dividend of CNY 2.50 per 10 shares, totaling CNY 77,653,240 (including tax), with a cash dividend payout ratio of 20.37% for the year[4] - The company declared a cash dividend of 2.50 yuan per 10 shares, totaling 55.4715 million yuan distributed to shareholders[20] - The company’s cash dividend policy aims for cumulative cash distributions over three consecutive years to be no less than 30% of the average distributable profit[153] - The total amount of cash dividends distributed is CNY 55,471,500, which is consistent with the company's profit distribution policy[156] - The company declared a cash dividend of CNY 5,547,150 to shareholders, with a distribution ratio of 31.27%, marking the highest dividend ratio since its listing[185] Market and Product Development - The company is actively pursuing market expansion and technological innovation to ensure stable and healthy growth[27] - The company achieved an export revenue of $262 million in 2022, setting a new record for overseas sales[31] - The company is currently constructing a project with a production capacity of 1,000 tons of imidazolinone and 3,000 tons of pesticide intermediates, which will significantly enhance production capabilities[28] - The company has developed a patented compound, Quikazone, specifically for post-emergence treatment in sorghum fields, which has seen significant market demand and sales growth[29] - The company has launched new products targeting resistant weeds, enhancing market share and brand recognition[41] - The company is focused on developing high-end herbicides and has established a strong R&D team to drive innovation[38] - The company is committed to developing proprietary herbicides tailored to local agricultural conditions, enhancing its competitive edge in the market[110] Research and Development - The company has increased R&D investment to support high-quality development and innovation-driven strategies[29] - Research and development expenses rose to CNY 144,288,423.00, marking a 47.14% increase year-on-year[44] - The company is focusing on the research and development of innovative herbicide active ingredients and formulations, with products like imazapic and cyclohexenone leading the industry[76] - The company aims to enhance its R&D investment, focusing on developing patented herbicides tailored to China's climate and agricultural needs, with 1-2 new compounds expected to enter registration in 2023[113] Environmental and Safety Compliance - The company has implemented various pollution control facilities, including RTO regenerative thermal oxidizers and activated carbon adsorption systems, which are operating normally[176] - The company has received environmental impact assessment approvals for several projects, including a 1500 tons pesticide raw material project approved on May 30, 2022[179] - The company has established an environmental self-monitoring plan in compliance with national standards, ensuring transparency in pollutant emissions[181] - The company emphasizes the importance of employee welfare, providing timely insurance payments and enhancing working conditions[187] - The company is committed to improving safety and environmental standards through enhanced training and process optimization[126] Governance and Compliance - The company strictly adheres to the Company Law and Securities Law, ensuring compliance in governance and operations, which supports stable and healthy development[129] - The company has implemented strict information disclosure practices, ensuring that all shareholders receive fair and timely information[130] - The company has not faced any penalties from securities regulatory authorities in the past three years, reflecting compliance and governance standards[139] - The company has maintained independence from its controlling shareholders in terms of assets, personnel, finance, and business operations[131] Financial Management - The company has signed long-term procurement contracts with major suppliers to mitigate risks from raw material price fluctuations[93] - The company will implement measures to mitigate risks from raw material price fluctuations by establishing strategic partnerships with multiple suppliers[123] - The company will adopt financial hedging tools to manage foreign exchange risks associated with international sales[125] - The company has been actively seeking bank credit lines and guarantees to support its operations and growth[140] Employee and Management Structure - The total number of employees in the parent company and major subsidiaries is 1,899, with 386 in the parent company and 1,513 in subsidiaries[148] - The company has a structured salary policy that includes guaranteed, allowance, and incentive compensation levels[149] - The company has established a training plan that combines online and offline training methods to enhance employee skills and align with company development needs[151] - The company is committed to performance-based remuneration for its directors and senior management, aligning incentives with company performance[138] Strategic Initiatives - The company plans to adjust its organizational structure as part of its strategic initiatives[140] - The company is committed to building a high-quality, innovative talent team and establishing a comprehensive incentive mechanism to ensure long-term stable development[116] - The company is focusing on the domestic market, aiming to increase its share by developing innovative products to combat emerging resistant weed species[113]