Core Viewpoint - The company Huide Technology (603192.SH) plans to issue A-shares to specific investors, aiming to raise up to RMB 580 million for polyurethane new material projects, with the issuance not exceeding 30% of the total share capital before the issuance [1][2]. Group 1: Issuance Details - The issuance will target no more than 35 specific investors, including various financial institutions and qualified investors [1]. - The shares will be priced at no less than 80% of the average trading price over the 20 trading days prior to the pricing date [1]. - The total number of shares to be issued will not exceed 42,339,800, which is 30% of the total share capital before the issuance [2]. Group 2: Financial Performance - For Q1 2025, the company reported revenue of RMB 611 million, a decrease of 8.92% year-on-year, while net profit attributable to shareholders was RMB 19.34 million, an increase of 31.26% [3][4]. - The net profit after excluding non-recurring items was RMB 18.24 million, up 29.77% year-on-year [3][4]. - The net cash flow from operating activities was negative RMB 584,690, indicating a significant decline [3][4]. Group 3: Historical Financial Trends - In 2024, the company achieved revenue of RMB 2.67 billion, a decrease of 1.51% compared to 2023, marking a continuous decline over three years [5]. - The net profit attributable to shareholders in 2024 was RMB 124.56 million, a significant increase of 95% year-on-year, the highest in four years [5]. - The net profit after excluding non-recurring items was RMB 113.62 million, up 84.86% year-on-year, while operating cash flow decreased by 88.33% [5].

Meeting Overview - The fourth board meeting of Shanghai Huidet Technology Co., Ltd. was held on July 4, 2025, with all six directors present, confirming the legality and validity of the meeting [1][2]. A-Share Issuance Proposal - The board approved the proposal for the company to issue A-shares to specific investors, meeting the conditions set by relevant laws and regulations [2][3]. - The issuance will involve no more than 35 specific investors, including qualified institutional investors and natural persons [3][6]. - The issuance price will not be lower than 80% of the average trading price over the 20 trading days prior to the pricing date [3][4]. Fundraising and Use of Proceeds - The total amount to be raised from the issuance is capped at RMB 580 million, with net proceeds allocated entirely to polyurethane new material projects [7][9]. - If the actual net proceeds are less than the planned investment, the board will adjust the investment projects accordingly [7][9]. Stock Issuance Details - The maximum number of shares to be issued will not exceed 30% of the total shares before the issuance, amounting to a maximum of 42,339,800 shares [6][7]. - Shares acquired through this issuance will be subject to a six-month lock-up period post-issuance [6][7]. Shareholder Meeting - The proposals will be submitted for approval at the company's first extraordinary general meeting of 2025, scheduled for July 21, 2025 [17].

Core Points - Shanghai Huide Technology Co., Ltd. announced a change in registered capital and amendments to its Articles of Association following the approval of a stock incentive plan [1][2] - The company will repurchase and cancel 21,000 restricted stocks from one incentive recipient who no longer qualifies, reducing the total share capital from 141,153,667 shares to 141,132,667 shares [1][2] - The registered capital will also decrease correspondingly from RMB 141,153,667 to RMB 141,132,667 [1][2] Summary by Sections Company Announcement - The board of directors confirmed the authenticity and completeness of the announcement, ensuring no false records or misleading statements exist [1] - The announcement details the decision made during the fourth board meeting held on July 4, 2025, regarding the stock incentive plan [1] Stock Incentive Plan - The stock incentive plan involves 114 recipients, with one individual leaving the company, leading to the repurchase of their restricted stocks [1][2] - The repurchase will adjust the total number of shares and registered capital as outlined [1][2] Amendments to Articles of Association - The Articles of Association will be amended to reflect the new registered capital and total shares [2] - The specific changes include updating the registered capital and total shares in the relevant sections of the Articles [2] - The amendments will be subject to approval by the market supervision administration [2]

Core Viewpoint - The company plans to issue A-shares to specific investors, which may dilute immediate returns, and has proposed measures to mitigate this impact while ensuring the protection of minority investors' interests [1][2][4]. Financial Impact of the Share Issuance - The issuance will increase the company's total share capital and net asset size, but the benefits from the raised funds will take time to materialize, potentially leading to a dilution of immediate returns if profits do not increase correspondingly [2][4]. - The company estimates that the total number of shares post-issuance will be 183,472,467, with a projected net profit for 2024 of 124.56 million yuan [3][4]. - Under various scenarios, the basic earnings per share (EPS) and return on equity (ROE) are projected to decline post-issuance, with EPS dropping from 0.90 yuan to 0.78 yuan in a flat profit scenario, and ROE decreasing from 8.34% to 7.51% [4]. Relationship of Fundraising Projects to Existing Business - The total amount raised from the issuance is expected to be no more than 580 million yuan, which will be fully allocated to a polyurethane new materials project, aligning with the company's core business and enhancing its market position [6][8]. - The company has a well-established management team with extensive experience in polyurethane product development and production, ensuring effective implementation of the fundraising projects [7][8]. Measures to Mitigate Dilution of Immediate Returns - The company plans to enhance management efficiency and operational capabilities to improve profitability, including better asset utilization and cost control [9]. - Strict supervision of the use of raised funds will be implemented to ensure compliance with regulations and proper allocation to designated projects [9]. - A stable profit distribution policy will be established to ensure consistent returns to investors, with a three-year shareholder return plan in place [9][10]. Commitments from Key Stakeholders - The company's controlling shareholders, actual controllers, and senior management have committed to ensuring the effective implementation of measures to mitigate the dilution of immediate returns, with accountability for any breaches of these commitments [10][11].

General Provisions - The company aims to protect the legal rights of shareholders, employees, and creditors, and to regulate its organization and behavior according to relevant laws [1][2] - The company is established as a joint-stock limited company and registered with the Shanghai Municipal Market Supervision Administration [1][3] - The registered capital of the company is RMB 141,132,667 [1][6] - The company is a permanent entity and the chairman serves as the legal representative [1][7] Business Objectives and Scope - The company's business objective is to operate under modern enterprise management practices, providing quality products and services while ensuring stable and healthy development [2][14] - The business scope includes the production and operation of hazardous chemicals, technology import and export, and various manufacturing activities [2][15] Shares - The company issues shares in the form of stocks, with each share having a par value of RMB 1 [3][18] - The total number of shares issued by the company is 141,132,667, all of which are ordinary shares [3][21] - The company cannot provide financial assistance for the purchase of its shares, except under specific conditions [3][22] Shareholder Rights and Responsibilities - Shareholders have rights to dividends, attend meetings, supervise company operations, and transfer their shares [4][34] - Shareholders must comply with laws and the company's articles of association, and they cannot withdraw their capital except as legally permitted [7][40] - Shareholders abusing their rights may be liable for damages to the company or other shareholders [8][41] Shareholder Meetings - The company holds annual and temporary shareholder meetings, with the annual meeting occurring within six months after the end of the fiscal year [10][48] - Shareholder meetings are the authority of the company, where decisions on key matters such as capital changes and profit distribution are made [10][46] - The company must provide adequate notice for meetings, including details on the agenda and voting procedures [10][61] Voting and Resolutions - Resolutions can be ordinary or special, with ordinary resolutions requiring a simple majority and special resolutions requiring a two-thirds majority [10][80] - The company must maintain accurate records of meeting proceedings, including attendance and voting results [10][77] - Shareholders can propose agenda items for meetings, and the company must disclose all relevant information [10][58]

Core Viewpoint - Shanghai Huidet Technology Co., Ltd. announced the repurchase and cancellation of 21,000 restricted stocks from its 2024 incentive plan due to one participant's departure, which will reduce the total share capital and registered capital accordingly [1][2]. Group 1: Repurchase and Cancellation Details - The company held its fourth board meeting on July 4, 2025, where it approved the repurchase and cancellation of restricted stocks as per the 2024 incentive plan [1]. - A total of 114 participants were initially granted restricted stocks, but one participant no longer qualifies due to personal reasons [1]. - After the repurchase, the total share capital will decrease from 141,153,667 shares to 141,132,667 shares, and the registered capital will change from RMB 141,153,667 to RMB 141,132,667 [2]. Group 2: Creditors' Rights and Notification - The company is notifying creditors about the reduction in registered capital due to the stock repurchase, allowing them 45 days from the announcement date to claim their debts or request guarantees [2]. - Creditors who do not declare their claims within the specified period will still have their rights preserved, and the company will continue to fulfill its obligations as per the original debt documents [2]. - Creditors must provide relevant documentation to support their claims, including contracts and identification, and can submit their claims via mail, in person, or electronically [3].

证券代码：603192 证券简称：汇得科技 公告编号：2025-030 上海汇得科技股份有限公司 关于回购注销2024年限制性股票激励计划部分限制性 股票及调整回购价格的公告 本公司董事会及全体董事保证本公告内容真实、准确、完整，确认不存在虚 假记载、误导性陈述或重大遗漏，并承担相应的法律责任。 重要内容提示： 限制性股票回购注销数量：21,000股 调整后限制性股票回购价格：6.90元/股 上海汇得科技股份有限公司（以下简称"公司"）于2025年7月4日召开了第四届 董事会第二次会议，会议审议通过了《关于回购注销2024年限制性股票激励计划部分 限制性股票及调整回购价格的议案》，根据《公司2024年限制性股票激励计划（草 案）》（以下简称"限制性股票激励计划"或"本次激励计划"）的相关规定，公司 本次激励计划首次授予限制性股票的114名激励对象中，1名激励对象因个人原因离职 不再符合激励对象资格，公司拟对前述激励对象已获授予但尚未解除限售的限制性股 票共21,000股进行回购注销。同时，鉴于公司已完成了2024年年度权益分派实施，根 据《公司2024年限制性股票激励计划（草案）》关于回购价格调整方法的相关规 ...

证券代码：603192 证券简称：汇得科技 公告编号：2025-032 上海汇得科技股份有限公司 关于回购注销2024年限制性股票激励计划部分限制性 股票通知债权人的公告 本公司董事会及全体董事保证本公告内容真实、准确、完整，确认不存在虚假 记载、误导性陈述或重大遗漏，并承担相应的法律责任。 上海汇得科技股份有限公司（以下简称"公司"）于 2025 年 7 月 4 日召开了第四 届董事会第二次会议，审议通过了《关于回购注销 2024 年限制性股票激励计划部分限 制性股票及调整回购价格的议案》，根据《公司 2024 年限制性股票激励计划（草案）》 的相关规定，公司本次激励计划首次授予限制性股票的 114 名激励对象中，1 名激励对 象因个人原因离职不再符合激励对象资格，公司拟对前述激励对象已获授予但尚未解除 限售的限制性股票共 21,000 股进行回购注销,具体内容详见公司同日于指定信息披露媒 体披露的《关于回购注销 2024 年限制性股票激励计划部分限制性股票及调整回购价格 的公告》。 （2）以电子邮件方式申报的，申报日期以公司相应系统收到文件日为准，请注 明"申报债权"字样。 特此公告。 上海汇得科技股份有 ...

上海汇得科技股份有限公司 2025 年度向特定对象发行 A 股股票预案 证券代码：603192 证券简称：汇得科技 3、本预案是公司董事会对本次向特定对象发行 A 股股票的说明，任何与之 相反的声明均属不实陈述。 4、投资者如有任何疑问，应咨询自己的股票经纪人、律师、专业会计师或 其他专业顾问。 上海汇得科技股份有限公司 Shanghai Huide Science&Technology Co.,Ltd. （上海市金山区金山卫镇春华路 180 号） 2025 年度向特定对象发行 A 股股票预案 二〇二五年七月 上海汇得科技股份有限公司 2025 年度向特定对象发行 A 股股票预案 公司声明 1、公司及董事会全体成员保证本预案内容真实、准确、完整，并确认不存 在虚假记载、误导性陈述或重大遗漏，并承担相应的法律责任。 2、本次向特定对象发行 A 股股票完成后，公司经营与收益的变化，由公司 自行负责；因本次向特定对象发行 A 股股票引致的投资风险，由投资者自行负 责。 5、本预案所述事项并不代表审批机关对于本次向特定对象发行 A 股股票相 关事项的实质性判断、确认、批准或同意注册。本预案所述本次向特定对象发行 A ...

证券代码：603192 证券简称：汇得科技 上海汇得科技股份有限公司 Shanghai Huide Science&Technology Co.,Ltd. （上海市金山区金山卫镇春华路 180 号） 2025 年度向特定对象发行 A 股股票 方案论证分析报告 1 上海汇得科技股份有限公司（以下简称"公司"、"汇得科技"或"发行人"）是 上海证券交易所主板上市的公司。为满足公司经营战略的实施和业务发展的资金 需求，进一步增强公司资本实力，优化资本结构，提升盈利能力，根据《中华人 民共和国公司法》《中华人民共和国证券法》《公司章程》和《上市公司证券发 行注册管理办法》等有关法律、法规和规范性文件的规定，编制了《2025 年度 向特定对象发行股票方案论证分析报告》。 （本报告中如无特别说明，相关用语具有与《上海汇得科技股份有限公司 2025 年度向特定对象发行 A 股股票预案》中相同的含义） 一、本次发行募集资金使用计划 本次发行募集资金总额不超过（含）58,000.00 万元，扣除发行费用后的募 集资金净额将全部用于如下项目： 单位：万元 | 序号 | 项目 | 项目拟投资金额 | 项目拟使用募集资金额 | | ...