北京市中伦律师事务所 关于金能科技股份有限公司 2025 年第三次临时股东会的 法律意见书 二〇二五年八月 法律意见书 北京市中伦律师事务所 关于金能科技股份有限公司 2025 年第三次临时股东会的 致：金能科技股份有限公司 北京市中伦律师事务所（以下简称"本所"）接受金能科技股份有限公司（以 下简称"公司"）委托，指派本所律师对公司 2025 年第三次临时股东会（以下简 称"本次股东会"）的合法性进行见证并出具法律意见。 本法律意见书根据《中华人民共和国公司法》（以下简称"《公司法》"）、 中国证券监督管理委员会（以下简称"中国证监会"）《上市公司股东会规则》 （以下简称"《股东会规则》"）等现行有效的法律、法规和规范性文件以及《金 能科技股份有限公司章程》（以下简称"《公司章程》"）的规定而出具。 为出具本法律意见书，本所律师审查了公司本次股东会的有关文件和材料。 本所律师得到公司如下保证，即其已提供了本所律师认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、复印件材料与正本原始材料一致。 在本法律意见书中，本所律师仅对本次股东会的 ...

| 证券代码：603113 | 证券简称：金能科技 | 公告编号：2025-074 | | --- | --- | --- | | 债券代码：113545 | 债券简称：金能转债 | | 金能科技股份有限公司 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： 本次股东会由公司董事会召集，由董事长秦庆平先生主持。本次会议的召集、 召开及表决方式符合《公司法》及《公司章程》等的有关规定。 (五) 公司董事和董事会秘书的出席情况 本次会议是否有否决议案：无 一、 会议召开和出席情况 | 1、出席会议的股东和代理人人数 | 461 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 477,999,664 | | 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 | | | 份总数的比例（%） | 56.37 | (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。 (一) 股东会召开的时间：2025 年 8 月 11 日 ...

| 证券代码：603113 | 证券简称：金能科技 | 公告编号：2025-075 | | --- | --- | --- | | 债券代码：113545 | 债券简称：金能转债 | | 金能科技股份有限公司 第五届董事会第十六次会议决议公告 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个别及连带责任。 重要内容提示： 一、董事会会议召开情况 金能科技股份有限公司（以下简称"公司"）第五届董事会第十六次会议于 2025 年 8 月 11 日以现场结合通讯表决方式召开。本次应参加会议并表决的董事 11 名，实际参加会议并表决的董事 11 名，会议由董事长秦庆平先生主持，公司 全体高级管理人员列席了本次会议。会议的通知、召开符合《公司法》《公司章 程》及有关法律、法规的规定。 牌的公告》（公告编号：2025-075）。 三、备查文件 1、经与会董事签字并加盖董事会印章的第五届董事会第十六次会议决议。 特此公告。 金能科技股份有限公司董事会 二、董事会会议审议情况 （一）审议并通过了《关于向下修正"金能转债"转股价格的议案》 表决结果：赞成 ...

| 证券代码：603113 | 证券简称：金能科技 | 公告编号：2025-073 | | --- | --- | --- | | 债券代码：113545 | 债券简称：金能转债 | | 金能科技股份有限公司 关于向下修正"金能转债"转股价格暨转股停牌的公告 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： 证券停复牌情况：适用 因"金能转债"实施转股价格修正条款，本公司的相关证券停复牌情况如下： | 证券代码 | 证券简称 | 停复牌类型 | 停牌起始日 | 停牌 | 停牌终止日 | 复牌日 | | --- | --- | --- | --- | --- | --- | --- | | | | | | 期间 | | | | 113545 | 金能转债 | 可转债转股停牌 | 2025/8/12 | 全天 | 2025/8/12 | 2025/8/13 | 1、修正前转股价格：9.75 元/股 2、修正后转股价格：7.62 元/股 3、转股价格调整实施日期：2025 年 8 月 13 日 4、"金能转债"自 20 ...

Meeting Overview - The meeting is scheduled for August 2025 and aims to ensure the orderly conduct of the shareholders' meeting in compliance with relevant laws and regulations [1][2] - The meeting will be held at the office building located at Longqiao Road, Qingdao, Shandong Province, and will combine on-site and online voting [3] Voting Procedures - Shareholders must register before the meeting starts and can vote through the Shanghai Stock Exchange's trading system or online platform during specified hours [3][4] - Any shareholder who fails to vote after receiving a ballot will be considered to have waived their voting rights [2][3] Agenda Items - The primary agenda item is the proposal to lower the conversion price of the "Jinneng Convertible Bonds" [3][4] - The company issued convertible bonds totaling 1.5 billion yuan in October 2019, with net proceeds of approximately 1.486 billion yuan after deducting issuance costs [4][5] Conversion Price Adjustments - The initial conversion price was set at 11.55 yuan per share, which has been adjusted multiple times due to profit distributions, with the latest adjustment bringing it down to 9.75 yuan per share [5][6] - The company has the authority to propose a downward adjustment of the conversion price if the stock price falls below 80% of the current conversion price for at least 15 out of 30 consecutive trading days [6][7] Approval Process - The proposal for the downward adjustment requires approval from at least two-thirds of the voting rights present at the meeting, excluding those holding the convertible bonds [6][7] - The adjusted conversion price must not be lower than the higher of the average trading price over the last 20 trading days or the previous trading day's price [7][8]

金能科技股份有限公司 2025 年第三次临时股东会会议材料 金能科技股份有限公司 2025 年第三次临时股东会 会议材料 二〇二五年八月 金能科技 603113 1 金能科技股份有限公司 2025 年第三次临时股东会会议材料 2025 年第三次临时股东会会议须知 为了维护广大投资者的合法权益，确保股东会的正常秩序和议事效率，根据《中华人 民共和国公司法》（以下简称"公司法"）、《上海证券交易所股票上市规则》及《金能科技 股份有限公司章程》（以下简称"公司章程"）等相关法律、法规及规范性文件，制定本须 知，请出席股东会的全体人员自觉遵守。 1、大会设会务组，由公司董事会秘书负责会议的程序安排和会务工作。 2、为保证本次大会的严肃性和正常秩序，切实维护股东的合法权益，务必请出席大 会的股东或股东代理人（以下统称"股东"）及相关人员准时到达会场签到确认参会资格。 股东在参会登记时间内没有通过传真或书面信函方式登记的，不在签到表上登记签到的， 或会议正式开始后没有统计在会议公布股权数之内的股东或代理人，不得参加表决。 3、出席会议的股东（或股东代理人）依法享有发言权、表决权等各项权利，并履行 法定义务和遵守相关规则。 ...

Core Viewpoint - The carbon black industry in China is experiencing structural overcapacity, with low operating rates and production growth, leading to increased operational pressures on companies due to fluctuating raw material prices and environmental regulations [1][8][19]. Industry Overview - Carbon black is a nano-sized carbon material primarily used in tire manufacturing, rubber products, and other applications, with the domestic market mainly focused on rubber-grade carbon black [2][3]. - The upstream materials for carbon black production include coal tar and ethylene tar, which account for 60-80% of total costs, while the downstream applications are dominated by the tire industry, which consumes 70-75% of carbon black [3][7]. Industry Operation - China's carbon black production capacity exceeds 9 million tons, with a utilization rate of around 60%, and production is expected to grow slightly in 2024 [8][19]. - The export of carbon black has increased due to the expansion of Chinese tire manufacturers in Southeast Asia, although the export growth rate is expected to slow due to international trade barriers [9][19]. Raw Material Prices - The price of coal tar, a key raw material, has shown significant volatility, impacting the cost structure of carbon black companies. In 2024, the average price of high-temperature coal tar is projected to be around 4,167 yuan/ton, a decrease of approximately 10% from 2023 [10][19]. Downstream Demand - The tire market's growth directly influences carbon black demand, with a projected 9.2% increase in tire production in 2024. However, rising costs and stricter environmental regulations have led to a decrease in carbon black usage in tires [14][19]. Price Trends - Carbon black prices have been on a downward trend since 2023, influenced by raw material price fluctuations and weak downstream demand. The market is expected to experience price volatility in 2024 [16][19]. Key Industry Players - In 2024, the total carbon black production in China is expected to reach 6.67 million tons, with leading companies like Jiangxi Black Cat and Jineng Technology holding significant market shares. The top five companies account for 46% of total production [19][21]. Industry Policies and Focus - National policies are aimed at eliminating outdated production capacity and increasing industry concentration, with a focus on encouraging advanced production techniques and improving resource utilization [21][22]. - The implementation of stricter environmental regulations is increasing the costs for carbon black companies, necessitating investments in cleaner production technologies [22][23]. Future Industry Outlook - The carbon black market is expected to maintain moderate growth, driven by demand from the tire and automotive sectors, as well as the expansion of high-end carbon black applications [26]. - Key trends include structural adjustments towards high-end products, accelerated industry consolidation, increased focus on technological innovation, and a shift towards green and low-carbon production methods [26].

Investment Rating - The industry investment rating is "Positive" [1] Core Viewpoints - Shenhua plans to acquire group assets, and coal prices are expected to rise in August. Domestic power plants maintain daily coal consumption, leading to continued price increases. The coal association has advocated for controlling production and improving quality, while the Central Financial Committee emphasized the need to regulate low-price competition and promote the orderly exit of backward production capacity. The coking coal sector may see marginal improvements in performance due to environmental factors affecting capacity utilization, with supply and demand gradually balancing in the second half of the year [6][42]. Summary by Sections Coal Market Performance - The coal sector declined, underperforming the CSI 300 index by 2.81 percentage points, with a drop of 4.56% as of August 1, 2025. Among 37 stocks, Chengzhi Co. had the smallest decline at 0.89% [2]. - Key monitored enterprises reported an average daily coal sales volume of 6.64 million tons from July 25 to July 31, 2025, a week-on-week decrease of 6.9% but a year-on-year increase of 0.1%. The total coal inventory was 28.87 million tons, down 5.5% week-on-week and up 15.1% year-on-year [2]. Price Trends - As of August 1, 2025, the price of thermal coal (Q5500K) in the Bohai Rim was 665 CNY/ton, up 0.15% week-on-week. The price of imported thermal coal was 763 CNY/ton, up 0.13% week-on-week. Prices at various ports, including Qinhuangdao and Huanghua, also saw increases [3]. - For coking coal, the main coking coal price at Jingtang Port was stable at 1,650 CNY/ton, while prices for metallurgical coke increased by 3.4% for first-grade and 3.94% for second-grade [4]. Supply and Demand Dynamics - The cumulative coal sales volume for key monitored enterprises was 146.43 million tons, a year-on-year decrease of 3.3%. Power and chemical industries saw coal consumption changes of -2.7% and +16.9% respectively [2][41]. - The chemical industry’s total coal consumption was reported at 21.39 million tons as of August 1, 2025, reflecting a year-on-year increase of 16.9% [41]. Investment Recommendations - The report suggests focusing on high-dividend thermal coal companies and turnaround coking coal companies. Key companies to watch include China Shenhua, Shaanxi Coal and Chemical Industry, and Yanzhou Coal Mining Company for thermal coal, and Huabei Mining and Shanxi Coking Coal for coking coal [6][42].

Summary of Key Points Core Viewpoint - The company has announced new guarantees provided to its wholly-owned subsidiaries, indicating ongoing support for their operational needs and financial stability [1][2][26]. Group 1: Guarantee Details - The company provided a guarantee of 27,825.63 million yuan for Jin Neng Chemical (Qingdao) and 52,365.41 million yuan for Jin Shi International Trade (Qingdao) [1]. - The total guarantee balance for all subsidiaries is 1,002,000 million yuan, with an actual used guarantee balance of 584,986.41 million yuan [2][27]. - There are no overdue guarantees reported [4][27]. Group 2: Credit Facilities - Jin Shi International Trade (Qingdao) has opened letters of credit worth 2,824.40 million USD and 1,265 million USD with China Construction Bank [5]. - Jin Neng Chemical (Qingdao) has opened a letter of credit for 8,000 million yuan with China Minsheng Bank [6]. - Jin Neng Chemical (Qingdao) has also opened a letter of credit for 2,607.90 million USD with Rizhao Bank [7]. Group 3: Internal Decision-Making Process - The board of directors approved the guarantee plan during meetings held on March 21, 2025, and April 11, 2025, allowing for a total guarantee amount of up to 15 billion yuan for the year [13][26]. Group 4: Subsidiary Information - Jin Neng Chemical (Qingdao) has total assets of 15,357.29 million yuan and a net profit of 3.37 million yuan as of March 31, 2025 [15]. - Jin Shi International Trade (Qingdao) has total assets of 967.34 million yuan and a net profit of 454,487.45 yuan as of March 31, 2025 [17]. - Jin Neng Chemical (Qihe) has total assets of 737.63 million yuan but reported a net loss of 4.35 million yuan as of March 31, 2025 [19].

证券日报网讯 8月1日晚间，金能科技发布公告称，不存在逾期担保的情况。 （文章来源：证券日报） ...