Group 1: Share Buybacks - SF Holding conducted its first share buyback on September 3, 2025, repurchasing 1.185 million A-shares for a total amount of 49.78 million yuan, accounting for 0.02% of the total share capital, with an average price of 42.01 yuan per share [1] - Taiji Group repurchased 448,800 shares on the same day, representing 0.08% of its total share capital, with a total expenditure of 9.9185 million yuan and a price range of 22.01 to 22.28 yuan per share [2] - New Zhonggang repurchased 601,300 shares, which is 0.15% of its total share capital, for a total of approximately 5.26 million yuan, with prices ranging from 8.69 to 8.81 yuan per share [3] Group 2: Strategic Partnerships and Agreements - Tieliu Co. signed a framework agreement with the Yangtze River Delta Hart Robot Industry Technology Research Institute to enhance its capabilities in robot key component design and manufacturing [4] - The company aims to leverage its core advantages in mold development and precision processing to extend its strategic reach into the core components of robotics [4] Group 3: Stock Trading and Suspensions - Tianpu Co. will suspend trading from September 4, 2025, due to multiple instances of abnormal stock price fluctuations from August 22 to September 3, 2025 [5] - The company is conducting a review to protect investor interests in light of these trading anomalies [5] Group 4: Shareholder Changes - Hangzhou High-tech's controlling shareholder has changed to Beijing Jirong Weiye Energy Technology Co., which now holds 19.03% of the company's total shares [7] Group 5: Contracts and Financial Impacts - Robotech's subsidiary signed a significant contract worth approximately 9.465 million euros, which is expected to have a positive impact on the company's financial performance [8] - Jiashun Feihong secured a contract worth about 5.8416 million USD for upgrading South Africa's core railway network, marking a milestone in its overseas projects [9]

Group 1 - The core announcement is that Changqing Technology will hold its second extraordinary general meeting of shareholders in 2025 on September 19 [1] - The meeting will review multiple proposals, including the proposal regarding the company's eligibility to issue convertible bonds to unspecified investors [1]

Group 1 - The core point of the article is that Changqing Technology announced the approval of several proposals, including the issuance of convertible bonds to unspecified objects [2] Group 2 - The second session of the board of directors held its 14th meeting on September 3, where the proposal regarding the conditions for issuing convertible bonds was reviewed and approved [2]

Group 1 - The company held its 14th meeting of the second board of directors on September 3, 2025, to discuss the issuance of convertible bonds [2][3] - The board unanimously approved the proposal to issue up to 8 million convertible bonds, each with a face value of 100 RMB [3][4] - The bonds will have a maturity of 6 years, with interest payments made annually [4][5] Group 2 - The initial conversion price of the bonds will be determined based on market conditions and must not be lower than the average trading price of the company's stock over the previous 20 trading days [6][8] - The company plans to use the proceeds from the bond issuance, estimated at 800 million RMB, for specific investment projects [17][20] - The bondholders will have rights to convert their bonds into shares, redeem them under certain conditions, and participate in bondholder meetings [14][16] Group 3 - The company has established a special account for the funds raised from the bond issuance, which will be managed according to regulatory requirements [16][27] - The proposal for the bond issuance requires approval from the company's shareholders at the upcoming extraordinary general meeting [18][29] - The company has committed to measures to mitigate the dilution of immediate returns for existing shareholders due to the bond issuance [23][28]

Meeting Information - The shareholders' meeting is scheduled for September 19, 2025, at 13:30 [1] - The meeting will be held at the company's conference room located at No. 3, Qinglongshan Road, Zhenjiang New District, Jiangsu Province [1] - Voting will be conducted through a combination of on-site and online methods using the Shanghai Stock Exchange's voting system [1] Voting Procedures - Shareholders can vote via the Shanghai Stock Exchange's online voting system, with specific time slots for voting on the meeting day [2][3] - Shareholders holding multiple accounts can aggregate their voting rights across all accounts for the same class of shares [3] - Duplicate voting through different methods will be counted based on the first vote cast [3] Meeting Agenda - The meeting will review several non-cumulative voting proposals, including the issuance of convertible bonds and the feasibility analysis of fundraising [2] - All proposals have been approved by the company's board during the 14th meeting of the second board session [2] Attendance Requirements - Shareholders must be registered by the close of trading on September 15, 2025, to attend the meeting [4] - Both individual and corporate shareholders can appoint proxies to attend and vote on their behalf [4][5] Registration Details - Registration for the meeting will take place on September 18, 2025, from 8:30 to 11:30 and 14:00 to 17:00 [5] - Required documents for registration include identification and proof of shareholding [5] Additional Information - Shareholders are responsible for their own travel and accommodation expenses [6] - A smart SMS notification will be sent to shareholders on the day of the meeting to facilitate direct voting [4]

Fundraising Plan - The company plans to issue convertible bonds to raise a total of up to 800 million yuan for the construction of a new polymer materials production base in Taizhou, with a total project investment of approximately 2.854 billion yuan [1][2] - The project will be implemented by the company's wholly-owned subsidiary, Jiangsu Changqing Tree New Materials Technology (Taizhou) Co., Ltd., and the construction period is planned for 2 years [1][3] Project Overview - The project aims to establish production facilities for intermediates, aromatic oxidation, and phenol production, targeting an annual production capacity of 80,000 tons of phthalic anhydride, 10,000 tons of isophthalic acid, and 120,000 tons of phenol series products [1][3] - The project has received necessary approvals, including investment project filing and environmental impact assessment [3] Market Demand and Feasibility - There is a significant opportunity for domestic production of high-end specialized materials, as China still relies on imports for certain high-end polymer materials [4][6] - The demand for phthalic anhydride and phenol products is expected to grow due to their wide applications in various industries, including plastics, coatings, and pharmaceuticals [4][5] Economic Benefits - The project is projected to achieve a net profit margin of no less than 12% upon reaching full production capacity, contributing to sustained cash flow for the company [3][8] - The construction of the project aligns with national policies promoting the development of new chemical materials and fine chemicals, providing a favorable environment for its implementation [6][8] Impact on Company Operations - The fundraising aligns with the company's strategic development direction and is expected to enhance operational performance and competitiveness in the fine chemical industry [7][8] - The issuance of convertible bonds will increase the company's cash flow and total assets, while also reducing financial risks and enhancing its ability to withstand market fluctuations [8]

Fundraising Overview - Jiangsu Evergreen New Materials Technology Co., Ltd. raised a total of RMB 1,251,067.72 million through the issuance of 48.14 million A-shares at a price of RMB 25.98 per share, with a net amount of RMB 1,132,228.81 million after deducting underwriting and other fees [1][2][3] - As of June 30, 2025, the company has used RMB 78927.92 million of the raised funds, leaving a balance of RMB 34294.89 million, which accounts for 30.29% of the net amount raised [3][4] Fund Allocation - The funds were allocated primarily to the project for manufacturing special polymer additives and electronic materials, with an actual investment of RMB 54705.11 million in this project [2][3] - The company also used RMB 24222.81 million of the excess funds to permanently supplement working capital, which is 29.14% of the total excess funds [1][2] Cash Management - The company has utilized RMB 14800.00 million of idle funds for cash management, with expected returns from various bank products [1][3] - The cash management strategy aims to ensure the safety of the raised funds while not affecting the normal operation of investment plans [2][3] Adjustments to Fund Usage - On August 16, 2024, the company adjusted the implementation content of the fundraising investment project, reducing the investment in certain facilities while increasing others, which is expected to decrease the total investment by approximately 3.53% [2][4] - The adjustments were made based on external market conditions and project implementation needs, aligning with the company's development strategy [2][4] Project Status - The project for manufacturing special polymer additives and electronic materials is expected to be completed by June 2025, currently in the construction and trial production phase [2][3] - The company plans to convert some of the remaining project materials for general use to improve efficiency and avoid waste [3][4]

Core Viewpoint - Jiangsu Evergreen New Materials Technology Co., Ltd. has established a shareholder return plan for the next three years (2025-2027) to enhance dividend decision-making and supervision mechanisms, aiming to promote long-term and rational investment concepts among investors [1][2]. Group 1: Factors Considered in Planning - The company focuses on long-term and sustainable development, considering operational conditions, development strategies, social capital costs, financing environments, profit scale, cash flow, development stage, and project funding needs to create a stable and predictable return mechanism for investors [1][2]. Group 2: Principles of Planning - The company adheres to the principle of "equal rights and benefits for all shareholders," distributing profits based on the proportion of shares held by each shareholder, ensuring a continuous and stable profit distribution policy while considering the opinions of independent directors and shareholders, especially minority shareholders [1][2]. Group 3: Profit Distribution Methods - The company may distribute profits through cash dividends, stock dividends, or a combination of both, with cash dividends prioritized. If conditions allow, cash dividends should be the primary method of profit distribution [2][4]. Group 4: Specific Conditions and Ratios for Cash Dividends - Under normal operational conditions without major investment plans or cash expenditures, the company will distribute at least 30% of the average distributable profit over three years in cash, with a minimum of 10% of the distributable profit each year [2][3]. Group 5: Differentiated Cash Dividend Policies - The company proposes differentiated cash dividend policies based on its development stage and major capital expenditure plans, with minimum cash dividend ratios set at 80%, 40%, and 20% for different scenarios [3][4]. Group 6: Conditions for Issuing Stock Dividends - Stock dividends may be proposed if the company's cash flow, business growth, and net asset per share justify it, and if the board believes it benefits all shareholders while meeting cash dividend conditions [4]. Group 7: Distribution Periods - The company may conduct annual or semi-annual dividends [4]. Group 8: Planning and Decision-Making Mechanism - The planning and decision-making process includes reasonable revisions to ensure compliance with laws and regulations, requiring approval from two-thirds of the voting rights at the shareholders' meeting for any adjustments [4].

Core Viewpoint - Jiangsu Changqing Tree New Materials Technology Co., Ltd. is committed to implementing measures to mitigate the dilution of immediate returns for shareholders due to the issuance of convertible bonds, ensuring effective use of raised funds and enhancing future return capabilities [1][2]. Group 1: Fund Management and Utilization - The company has established a "Management Measures for the Use of Raised Funds" to ensure legal and reasonable use of the funds, with strict management and supervision protocols in place [1]. - Raised funds will be stored in a designated account managed by the board, ensuring dedicated use and compliance with relevant laws and regulations [1][2]. - The company will actively cooperate with banks and sponsors to monitor the use of raised funds, safeguarding the interests of investors, especially small and medium-sized investors [1]. Group 2: Project Implementation and Market Expansion - The company aims to expedite the construction of investment projects funded by the raised capital to achieve expected benefits as soon as possible [2]. - The investment projects align with national industrial policies and are expected to enhance production scale and operational capacity, solidifying the company's market leadership and ensuring sustainable revenue growth [1][2]. Group 3: Competitive Strength and Return Mechanism - The company plans to strengthen its market position in the high polymer new materials sector while increasing innovation and R&D efforts to enhance core competitiveness and market share [2]. - A three-year shareholder dividend return plan (2025-2027) has been developed, detailing conditions, ratios, and mechanisms for profit distribution, particularly cash dividends, to protect the rights of minority investors [2].

Core Viewpoint - Jiangsu Changqing Tree New Materials Technology Co., Ltd. has announced that it has not faced any regulatory measures or penalties from securities regulatory authorities or exchanges in the past five years, ensuring transparency and investor protection as it plans to issue convertible bonds [2]. Summary by Sections Company Compliance - The company has adhered to the relevant laws and regulations, including the Company Law of the People's Republic of China, the Securities Law of the People's Republic of China, and the Shanghai Stock Exchange Listing Rules, to enhance its corporate governance and internal management systems [2]. Regulatory History - A self-examination revealed that the company has not been subjected to any penalties by securities regulatory authorities in the last five years [2]. - Additionally, the company has not been under any regulatory measures from securities regulatory authorities or exchanges during the same period [2].