Group 1 - A total of 45 stocks in the A-share market experienced block trades today, with a total transaction value of 1.255 billion yuan [1] - The top three stocks by transaction value were Guangqi Technology, Huayu Mining, and Real Madrid Technology, with transaction values of 264 million yuan, 261 million yuan, and 83.7 million yuan respectively [1]

Core Viewpoint - Real Madrid Technology (603181.SH) announced that its controlling shareholder and actual controller, Ms. Ma Rongfen, has completed a share reduction plan by selling a total of 5 million shares through block trading, which accounts for approximately 0.8493% of the company's total share capital [1] Group 1 - The share reduction plan was fully implemented on October 17, 2025 [1] - The total number of shares reduced is 5 million [1] - The percentage of total share capital represented by the reduced shares is approximately 0.8493% [1]

Core Insights - On October 17, 2025, Huamao Technology executed a block trade of 5 million shares, amounting to 83.7 million yuan, which represented 15.89% of the total trading volume for the day. The transaction price was 16.74 yuan, reflecting a discount of 3.96% compared to the market closing price of 17.43 yuan [1]. Trading Details - The block trade involved a total of 5 million shares at a price of 16.74 yuan per share, resulting in a transaction value of 83.7 million yuan [1]. - The transaction accounted for 15.89% of the total trading volume on that day, indicating significant market activity [1]. - The discount of 3.96% from the closing price suggests a strategic pricing decision in the context of market conditions [1].

证券代码：603181 证券简称：皇马科技 公告编号：2025-038 皇马科技：关于持股 5%以上股东 权益变动触及 1%刻度的提示性公告 投资者及其一致行动人王伟松先生、马荣芬女士、浙江皇马控股集团 有限公司、绍兴世荣宝盛投资管理合伙企业（有限合伙）、绍兴多银多投资 管理合伙企业（有限合伙）保证向本公司提供的信息真实、准确、完整， 没有虚假记载、误导性陈述或重大遗漏。 重要内容提示： 1.身份类别 | | √控股股东/实际控制人及其一致行动人 □其他 5%以上大股东及其一致行动人 | | --- | --- | | 投资者及其一致行动人的身份 | □合并口径第一大股东及其一致行动人（仅适用 | | | 于无控股股东、实际控制人） | | | □其他______________（请注明） | 2.信息披露义务人信息 | 信息披露义务人名称 | | 投资者身份 | 统一社会信用代码 | | --- | --- | --- | --- | | | √ | 控股股东/实控人 | | | | □ | 控股股东/实控人的一致 | □ _____________ | | 马荣芬 | 行动人 | | √ 不适用 | | ...

股东名称 马荣芬 股东身份 控股股东、实控人及一致行动人 √是 □否 直接持股 5%以上股东 √是 □否 董事、监事和高级管理人员 √是 □否 其他：不适用 持股数量 20,604,500股 持股比例 3.50% 当前持股股份来源 IPO 前取得：7,000,000股 其他方式取得：13,604,500股 证券代码：603181 证券简称：皇马科技 公告编号：2025-037 浙江皇马科技股份有限公司 关于股东减持股份结果公告 本公司董事会、全体董事及相关股东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： 大股东及董监高持股的基本情况：浙江皇马科技股份有限公司（以下简 称"公司"）控股股东、实际控制人之一、公司董事马荣芬女士持有公司无限售 条件流通股份 20,604,500 股，占公司总股本的 3.50%。 减持计划的实施结果情况：马荣芬女士于 2025 年 10 月 17 日通过大宗交 易的方式累计减持公司股份 500 万股，约占公司总股本的 0.8493%，本次减持计 划已实施完毕。 (一)大股东及董监高因以下事项披露减持计划实 ...

Market Overview - The chemical products sector experienced a decline of 2.28% on October 17, with Brother Technology leading the drop [1] - The Shanghai Composite Index closed at 3839.76, down 1.95%, while the Shenzhen Component Index closed at 12688.94, down 3.04% [1] Stock Performance - Notable gainers in the chemical products sector included: - Boyuan Co., Ltd. (301617) with a closing price of 94.50, up 13.07% [1] - Zhengmu Co., Ltd. (300641) with a closing price of 22.60, up 3.86% [1] - Sait New Materials (688398) with a closing price of 20.67, up 3.66% [1] - Conversely, Brother Technology (002562) saw a significant decline, closing at 7.26, down 7.16% [2] Capital Flow - The chemical products sector experienced a net outflow of 1.105 billion yuan from major funds, while retail investors saw a net inflow of 969 million yuan [2] - The overall capital flow indicates a mixed sentiment, with institutional investors pulling back while retail investors increased their positions [2] Individual Stock Capital Flow - Key stocks with notable capital flows included: - Saint Qijia (002407) with a net inflow of 124 million yuan from major funds [3] - Boyuan Co., Ltd. (301617) had a net inflow of 84.21 million yuan from major funds [3] - Zhengmu Co., Ltd. (300641) saw a net inflow of 35.59 million yuan from major funds [3]

Group 1 - The core viewpoint of the news is that Huangma Technology's stock has experienced a significant decline, with a 5.11% drop on October 17, bringing the share price to 17.65 yuan, and a cumulative decline of 7.42% over three consecutive days [1] - Huangma Technology, established on May 30, 2003, and listed on August 24, 2017, is primarily engaged in the research, production, and sales of specialty surfactants, with 99.97% of its revenue coming from this segment [1] - The company's total market capitalization is reported at 10.391 billion yuan, with a trading volume of 298 million yuan and a turnover rate of 2.81% [1] Group 2 - From the perspective of major fund holdings, Dachen Fund has a significant position in Huangma Technology, with its Dachen Preferred Mixed Fund (LOF) A holding 3.8154 million shares, accounting for 3.78% of the fund's net value, making it the eighth-largest holding [2] - The Dachen Preferred Mixed Fund (LOF) A has incurred a floating loss of approximately 3.6246 million yuan today and a total floating loss of 5.6849 million yuan during the three-day decline [2] - The fund, managed by Dai Jun, has a total asset scale of 1.521 billion yuan, with a performance record showing a best return of 96.4% and a worst return of 0.41% during his tenure [2]

法律意见 电话：021-58358013 | 传真：021-58358012 网址：http://www.gffirm.com | 电子信箱：gf@gffirm.com 办公地址：上海市浦东新区南泉北路 429 号泰康保险大厦 26 楼 | 邮政编码：200120 上海市广发律师事务所 上海市广发律师事务所 关于浙江皇马科技股份有限公司 第三期员工持股计划（草案）的 关于浙江皇马科技股份有限公司 第三期员工持股计划（草案）的法律意见 致：浙江皇马科技股份有限公司 上海市广发律师事务所（以下简称"本所"）接受浙江皇马科技股份有限公 司（以下简称"皇马科技"或"公司"）的委托，作为其实施第三期员工持股计 划（以下简称"本次员工持股计划"）的专项法律顾问，就本次员工持股计划相 关事宜，根据中国证券监督管理委员会（以下简称"中国证监会"）颁布的《关 于上市公司实施员工持股计划试点的指导意见》（以下简称"《试点指导意见》"）、 《上海证券交易所上市公司自律监管指引第 1 号——规范运作（2025 年 5 月修 订）》（以下简称"《自律监管指引》"）等法律、法规、规范性文件以及《浙江皇 马科技股份有限公司章程》（以下简称 ...

证券代码：603181 证券简称：皇马科技 公告编号：2025-036 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 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年第二次临时股东会 (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 股东会召开日期：2025年10月31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 网络投票起止时间：自2025 年 10 月 31 日 至2025 年 10 月 31 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 东会召开当日的交易时间段，即 9:15-9:25，9:30-11:30，13:00-15:00；通过 互联网投票平台的投票时间为股东会召开当日的 9:15-15:00。 (六)融资融券、转融通、约定购回业务账户和沪股通投资者的投票程序 涉及融资融券、转 ...

Group 1: Company Insights - The employee stock ownership plan (ESOP) of Huangma Technology was announced on October 9, 2025, involving 48 participants, including directors and core employees, with a total of 4.449 million shares, accounting for 68.45% of the plan [3][4] - The purchase price for the ESOP is set at no less than 50% of the average stock price over the previous 120 trading days, which is 7.62 yuan per share [4][6] - The ESOP has a lock-up period of 24 months, with performance assessments based on sales volume and net profit growth of at least 10% from 2025 to 2026 [4][6] - The ESOP aims to enhance employee responsibility and attract talent, thereby injecting new momentum into the company's development [5][6] - Huangma Technology is a leading enterprise in the domestic special surfactant industry, with a wide range of products and high technological content [5][9] - The company is expected to see revenue growth from 26.67 billion yuan in 2025 to 36.96 billion yuan in 2027, with net profits projected to rise from 4.73 billion yuan to 6.70 billion yuan during the same period [9] Group 2: Industry Trends - The surface active agent market is gradually expanding towards customization, with leading manufacturers developing specialized products based on customer needs [7][8] - The company has a diverse product portfolio with over 1,800 types across 18 categories, including high-performance surfactants for various applications [8] - The third factory of Huangma Technology is progressing well, with an expected production capacity of 168,500 tons by the end of 2025, which will further enhance the company's scale advantages [9] - The coal price at northern ports has rebounded due to supply constraints, with prices reaching 709 yuan per ton as of October 11, 2025, reflecting a slight increase from the previous month [39]