证券代码：603181 证券简称：皇马科技 公告编号：2025-048 浙江皇马科技股份有限公司 关于召开2025年第三次临时股东会的通知 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： 一、 召开会议的基本情况 (一) 股东会类型和届次 2025年第三次临时股东会 召开的日期时间：2025 年 12 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 (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会网络投票系统 股东会召开日期：2025年12月18日 本次股东会采用的网络投票系统：上海证券交易所股东会网络投票系统 (二) 股东会召集人：董事会 (三) 投票方式：本次股东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 网络投票起止时间：自2025 年 12 月 18 日 至2025 年 12 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 东会召 ...

证券代码：603181 证券简称：皇马科技 公告编号：2025-047 浙江皇马科技股份有限公司 浙江皇马科技股份有限公司（以下简称"公司"）第八届董事会第五次会议 通知已于 2025 年 11 月 27 日以通讯等方式临时发出，会议于 2025 年 12 月 2 日在 子公司会议室以通讯表决方式召开。本次会议由公司董事长王伟松先生主持，应 参会董事 9 人，实际参会董事 9 人，公司高级管理人员列席了本次会议。 本次会议的召集、召开、表决程序符合《中华人民共和国公司法》、《公司章 程》等有关规定，会议形成的决议合法有效。 二、董事会会议审议情况 （一）审议通过《关于终止公司第三期员工持股计划（草案）的议案》 具体内容详见公司同日在上海证券交易所网站（www.sse.com.cn）披露的《皇 马科技关于终止公司第三期员工持股计划的公告》。 关联董事王伟松、马荣芬、王马济世回避表决。 表决结果：6 名同意，占出席会议的非关联董事人数的 100%；0 名反对；0 名 弃权。 本议案尚需提请公司股东会审议。 第八届董事会第五次会议决议公告 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 ...

Core Viewpoint - The company has decided to terminate its third employee stock ownership plan due to low participation interest from employees, which would hinder the plan's intended motivational effects [1] Group 1: Employee Stock Ownership Plan - The company has actively promoted the implementation of the third employee stock ownership plan through various communication methods [1] - Employees have shown low willingness to participate in the plan, leading to concerns about achieving the expected motivational outcomes [1] - The decision to terminate the plan was made in accordance with the guidelines for implementing employee stock ownership plans, respecting employees' voluntary participation [1]

Core Viewpoint - The company has decided to terminate its third employee stock ownership plan due to low participation interest from employees, which would hinder the plan's intended motivational effects [1] Group 1: Employee Stock Ownership Plan - The company has actively promoted the implementation of the third employee stock ownership plan through various communication methods [1] - Employees have shown low willingness to participate in the plan, leading to concerns about achieving the expected motivational outcomes [1] - The decision to terminate the plan was made in accordance with the guidelines for implementing employee stock ownership plans, respecting employees' voluntary participation [1] Group 2: Termination of Related Documents - The termination includes the associated draft of the employee stock ownership plan and management measures [1]

Group 1 - The company, Real Madrid Technology, announced the convening of its eighth fifth temporary board meeting on December 2, 2025, via telecommunication voting [1] - The meeting reviewed the proposal to terminate the company's third employee stock ownership plan draft [1] Group 2 - There are concerns regarding market manipulation and platform review loopholes following a stock surge in Xiangyang Bearing, which was reportedly influenced by retail investors' posts [1]

Core Viewpoint - The company emphasizes its commitment to legal and compliant operations, stating that its production and business activities are currently normal despite short-term stock price fluctuations influenced by various market factors [2] Group 1 - The company reassures investors that there are no current instances of executives or board members reducing their holdings in the company [2] - The company highlights that short-term stock price volatility is affected by market fluctuations, short-term capital movements, and changes in investor sentiment [2] - The company encourages investors to be aware of investment risks and to invest rationally [2]

Meeting Overview - The second extraordinary general meeting of shareholders was held on November 26, 2025, at the conference room of Huangma Shangyi Company in Shaoxing, Zhejiang Province [2] - The meeting was convened by the company's board of directors and was presided over by Chairman Wang Weisong, utilizing a combination of on-site and online voting methods [2][3] Attendance and Voting - A total of 9 directors were in office, with 6 attending the meeting; independent directors Zhong Mingqiang, Zhu Yanjian, and Lu Jianbo were absent due to work commitments [3] - The meeting's voting procedures complied with the Company Law and the company's articles of association, ensuring the legitimacy of the attendees and voting results [5] Resolutions Passed - The following proposals were approved during the meeting: 1. The third employee stock ownership plan (draft) and its summary [4] 2. The management measures for the third employee stock ownership plan [4] 3. Authorization for the board of directors to handle matters related to the employee stock ownership plan [4] Voting Exclusions - The voting results of related shareholders, including Wang Weisong and Ma Rongfen, were excluded from the voting count due to their status as controlling shareholders [5] - The total number of voting shares was adjusted to exclude shares held in the company's repurchase account as of the registration date [5] Legal Verification - The meeting was witnessed by lawyers from Shanghai Guangfa Law Firm, who confirmed that the convening and procedures of the meeting complied with relevant laws and regulations [5]

证券代码：603181 证券简称：皇马科技 公告编号：2025-045 浙江皇马科技股份有限公司 2025年第二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 (一)股东会召开的时间：2025 年 11 月 26 日 (二)股东会召开的地点：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 (三)出席会议的普通股股东和恢复表决权的优先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 | 411 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 54,818,402 | | 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（%） | 16.9520 | (四)表决方式是否符合《公司法》及《公司章程》的规定，会议主持情况等。 本次股东会由公司董事会召集，会议表决采用现场投票和网络投票相结合的 方式，现场会议由董事长王伟松先生主持，会议的召集、召开、 ...

上海市广发律师事务所 关于浙江皇马科技股份有限公司 2025 年第二次临时股东会的法律意见书 需公告的信息一起向公众披露，本所依法对发表的法律意见承担责任。 本所律师根据相关法律、法规和规范性文件的要求,按照律师行业公认的业 务标准、道德规范和勤勉尽责精神发表意见如下: 一、本次股东会的召集和召开程序 本次股东会是由公司董事会根据 2025年 11 月 10 日召开的第八届董事会第 四次会议决议召集。公司已于 2025年 11 月 11 日在上海证券交易所指定网站及 相关指定媒体上刊登了《浙江皇马科技股份有限公司关于召开 2025 年第二次临 时股东会的通知》,并决定采取现场会议表决和网络投票相结合的方式召开本次 股东会。 本次股东会现场会议于 2025年 11 月 26 日 14 时 30 分在浙江省绍兴市上虞 区杭州湾上虞经济开发区皇马尚宜公司会议室召开:网络投票采用上海证券交易 所股东会网络投票系统,通过交易系统投票平台进行网络投票的时间为:2025 年 11 月 26 日 9:15 至 9:25,9:30 至 11:30,13:00 至 15:00;通过互联网投票平台 投票的具体时间为:2025年 1 ...

Investment Rating - The report maintains an investment rating of "Outperform the Market - A" for the industry [5] Core Insights - The epoxy active diluents are expected to see sustained demand growth due to their excellent properties and wide applications, particularly in composite materials, coatings, electronics, and adhesives [2] - The recent fire incident at XinYuan Technology, the largest global producer of epoxy active diluents, may lead to a temporary shortage in supply, impacting the global market [3] - Price increases have been observed in the market due to supply tightness, with significant price hikes reported for various active diluents [4] Summary by Sections - **Industry Overview**: The global consumption of epoxy active diluents was approximately 228,000 tons in 2021, with significant demand from composite materials (32%), coatings (16%), and electronics (15%) [2] - **Market Dynamics**: The rapid growth of wind power installations in China is expected to drive demand for epoxy active diluents, with a projected increase of 51.39 GW in new installations in the first half of 2025, a year-on-year increase of 99% [2] - **Supply Chain Impact**: XinYuan Technology has a production capacity of 50,000 tons and accounted for 20% of the global market share in 2021. The fire incident may disrupt supply chains and lead to a temporary shortage [3] - **Price Trends**: Recent market conditions have led to significant price increases for epoxy active diluents, with reported price hikes of 18%, 16%, and 24% for different products as of November 21 [4] - **Investment Opportunities**: Companies such as Kangda New Materials and Huangma Technology are highlighted as potential investment opportunities due to their production capacities in epoxy resin diluents [11]