Meeting Information - The first extraordinary general meeting of shareholders for 2025 will be held on September 18, 2025, at 14:30 [1] - The meeting will take place at the conference room of Huangma Shangyi Company, located in the Hangzhou Bay Shangyu Economic and Technological Development Zone, Shaoxing City, Zhejiang Province [1] - Shareholders can participate in the meeting through both on-site voting and online voting via the Shanghai Stock Exchange's voting system [2][3] Voting Procedures - The online voting system will be available from September 18, 2025, with specific voting times during the trading hours [1][2] - Shareholders holding multiple accounts can aggregate their voting rights across all accounts for the same category of ordinary shares and preferred shares [3][4] - Votes exceeding the number of shares held or duplicate votes will be considered invalid [4] Shareholder Participation - Only shareholders registered with the China Securities Depository and Clearing Corporation Limited Shanghai Branch as of the close of trading on September 11, 2025, are eligible to attend the meeting [5] - Shareholders may appoint a proxy to attend and vote on their behalf, and the proxy does not need to be a shareholder [5] Registration and Contact Information - Registration for the meeting must be completed by September 15, 2025, at 12:00 [5] - The registration can be done at the Huangma Shangyi Board Office, and specific documents are required for registration [5] - Contact information for the meeting is provided for any inquiries [5]

Core Viewpoint - The company, Real Madrid Technology (603181), announced that it will hold its first extraordinary general meeting of shareholders on September 18, 2025, to review multiple proposals, including amendments to the company's articles of association [1] Group 1 - The extraordinary general meeting is scheduled for September 18, 2025 [1] - The agenda includes the proposal to amend the company's articles of association [1]

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。 证券代码：603181 证券简称：皇马科技 公告编号：2025-028 浙江皇马科技股份有限公司 关于召开2025年第一次临时股东大会的通知 重要内容提示： 一、 召开会议的基本情况 (一)股东大会类型和届次 2025年第一次临时股东大会 (二)股东大会召集人：董事会 (三)投票方式：本次股东大会所采用的表决方式是现场投票和网络投票相结合的 方式 (四)现场会议召开的日期、时间和地点 召开的日期时间：2025 年 9 月 18 日 14 点 30 分 召开地点：浙江省绍兴市上虞区杭州湾上虞经济技术开发区皇马尚宜公司会 议室 股东大会召开日期：2025年9月18日 本次股东大会采用的网络投票系统：上海证券交易所股东大会网络投票 系统 (五)网络投票的系统、起止日期和投票时间。 网络投票系统：上海证券交易所股东大会网络投票系统 网络投票起止时间：自2025 年 9 月 18 日 至2025 年 9 月 18 日 采用上海证券交易所网络投票系统，通过交易系统投票平台的投票时间为股 东大 ...

Investment Rating - The report maintains a "Strong Buy" investment rating for the company [4] Core Views - The company achieved a revenue of 1.194 billion yuan in H1 2025, representing a year-on-year growth of 7.67%, and a net profit attributable to shareholders of 219 million yuan, up 14.67% year-on-year [17] - The gross margin improved slightly, with a sales gross margin of 27.53% in Q2 2025, reflecting a 0.85 percentage point increase from the previous quarter [17] - The company is a leading domestic producer of specialty surfactants, with an annual production capacity of nearly 300,000 tons, and is recognized as a national champion in manufacturing [10][15] - The company is actively developing new product segments, particularly in high-end functional materials, which are expected to drive future growth [15][46] Financial Data and Valuation - The company is projected to achieve revenues of 2.857 billion yuan, 3.393 billion yuan, and 3.954 billion yuan for the years 2025, 2026, and 2027 respectively, with net profits of 496 million yuan, 589 million yuan, and 685 million yuan for the same years [3] - The current price-to-earnings (PE) ratios are projected to be 19.9, 16.8, and 14.4 for 2025, 2026, and 2027 respectively [3] Business Performance - The company has seen a steady increase in the sales volume of its specialty surfactants, with H1 2025 production at 93,300 tons and sales at 94,300 tons [17] - The average selling price for specialty surfactants was 12,700 yuan per ton in H1 2025, a decrease of 3.82% year-on-year [17] - The company has terminated the production of low-margin large-volume products and is focusing on high-margin small-volume products, which has led to improved profitability [20][46] Market Position and Industry Outlook - The specialty surfactant industry has significant potential for import substitution, with a low concentration of market players and increasing demand across various sectors [33][37] - The global surfactant market is expected to grow to 34 billion USD by 2026, indicating a robust growth trajectory for the industry [36] - The company is well-positioned to capitalize on the growing demand for customized and environmentally friendly surfactants, aligning with industry trends towards specialization and sustainability [42][43]

New Stock Issuance - New stock issuance for AiFenda (301575) is priced at 27.69 RMB, effective from September 1, 2025[1] - Fushun Special Steel (600399) is undergoing a tender offer from August 12 to September 10, 2025[1] - KaiPu Cloud (688228) has a recent announcement regarding its stock[1] Market Alerts - Significant abnormal fluctuations reported for Siquan New Materials (301489) on August 22, 2025[1] - New announcements for various stocks including Xinhua Jin (600735) and Jishi Media (601929) on August 30, 2025[1] - Multiple stocks including ST Guohua (000004) and ST Huayang (603825) have recent updates as of August 29, 2025[1] Trading Insights - The report includes links to detailed announcements for stocks experiencing significant market activity, such as ST Zhongji (000972) and ST Yilanzhong (300096)[1] - The document highlights the importance of monitoring stock performance and related announcements for investment decisions[1]

New Stock Offerings - Fushun Special Steel (600399) has a tender offer period from August 12, 2025, to September 10, 2025[1] - Dongxin Co., Ltd. (688110) reported severe abnormal fluctuations on August 16, 2025[1] - Broadcom Integrated (603068) announced abnormal fluctuations on August 29, 2025[1] Market Alerts - ST Guohua (000004) and ST Gohong (000851) both reported abnormal fluctuations on August 29, 2025[1] - ST Huayang (603825) and ST Zhongji (000972) also indicated abnormal fluctuations on August 29, 2025[1] - ST Yanzhen (603389) reported abnormal fluctuations on August 26, 2025[1] Company Announcements - Zhaoxin Technology (603377) announced abnormal fluctuations on August 27, 2025[1] - Longyang Electronics (301396) reported significant fluctuations on August 28, 2025[1] - ST Dongshi (603377) indicated abnormal fluctuations on August 22, 2025[1]

Company Overview - Zhejiang Huamao Technology Co., Ltd. is located in Shaoxing, Zhejiang Province, established on May 30, 2003, and listed on August 24, 2017. The company specializes in the research, production, and sales of specialty surfactants, with 99.97% of its revenue coming from this segment [1]. Financial Performance - As of June 30, 2025, Huamao Technology achieved a revenue of 1.194 billion yuan, representing a year-on-year growth of 7.67%. The net profit attributable to shareholders was 219 million yuan, reflecting a year-on-year increase of 14.67% [2]. - Cumulative cash dividends since the company's A-share listing amount to 452 million yuan, with 205 million yuan distributed over the past three years [3]. Stock Performance - On August 29, the stock price of Huamao Technology decreased by 2.04%, closing at 17.26 yuan per share, with a trading volume of 309 million yuan and a turnover rate of 2.91%. The total market capitalization is 10.161 billion yuan [1]. - Year-to-date, the stock price has increased by 52.41%, with a 14.30% rise over the last five trading days, 29.58% over the last 20 days, and 37.69% over the last 60 days [1]. Shareholder Information - As of June 30, 2025, the number of shareholders is 17,800, a decrease of 3.65% from the previous period. The average number of circulating shares per person is 33,082, which is an increase of 3.79% [2]. - Among the top ten circulating shareholders, Noan Pioneer Mixed A (320003) holds 19.042 million shares, with no change in the number of shares held compared to the previous period [3]. Market Position - Huamao Technology is classified under the Shenwan industry as basic chemicals - chemical products - other chemical products. The company is also associated with several concept sectors, including industrial internet, pension concepts, mid-cap, margin financing, and new materials [1].

Core Viewpoint - The announcement from Huamao Technology indicates that the company's stock has experienced an abnormal fluctuation, with a cumulative closing price deviation of 20% over three consecutive trading days [1] Company Summary - Huamao Technology confirmed through self-examination and inquiries with its controlling shareholder and actual controller that there are no significant matters affecting the abnormal stock trading fluctuations, nor are there any other major undisclosed information as of the announcement date [1]

证券代码：603181 证券简称：皇马科技 公告编号：2025-027 经公司自查，并向公司控股股东及实际控制人函询得知，截至本公告披 露日，确认不存在影响上市公司股票交易异常波动的重大事项及其他应披露而未 披露的重大信息。 风险提示：公司敬请广大投资者注意二级市场交易风险，理性决策，审 慎投资。 一、股票交易异常波动的具体情况 截至 2025 年 8 月 27 日收盘，公司在上海证券交易所股票交易连续 3 个交易 日内日收盘价格涨幅偏离值累计达 20%。根据《上海证券交易所交易规则》的有 关规定，属于股票交易异常波动。 二、公司关注并核实的相关情况 （一）生产经营情况 浙江皇马科技股份有限公司 股票交易异常波动公告 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： 浙江皇马科技股份有限公司（以下简称"公司"）股票交易连续 3 个交易 日内日收盘价格涨幅偏离值累计达 20%。根据《上海证券交易所交易规则》的有 关规定，属于股票交易异常波动。 （四）经公司核实，公司控股股东、实际控制人及其一致行动人，公司董事、 监 ...

Core Viewpoint - Zhejiang Huama Technology Co., Ltd. experienced a significant stock price fluctuation, with a cumulative increase of 20% over three consecutive trading days, which is classified as an abnormal trading fluctuation according to Shanghai Stock Exchange regulations [1][2]. Group 1: Stock Trading Abnormality - The company's stock price increased by a cumulative 20% from August 25 to August 27, 2025, indicating abnormal trading activity [1]. - The company conducted a self-examination and confirmed that there are no significant matters affecting the stock price fluctuation, nor any undisclosed major information [1][2]. Group 2: Business Operations - The company reported that its production and operational activities are normal, with no significant changes in market conditions or industry policies [1]. - There have been no major fluctuations in production costs or sales, and the internal operational order remains stable [1]. Group 3: Major Events - The company confirmed that there are no undisclosed major events that could impact stock prices, such as major asset restructuring, acquisitions, or significant business collaborations [2]. - No significant media reports or market rumors have been identified that could affect the company's stock price [2]. Group 4: Board Confirmation - The board of directors confirmed that there are no undisclosed matters that should have been reported according to the regulations of the Shanghai Stock Exchange [3]. - The board also stated that previous disclosures do not require correction or supplementation [3].