Summary of Key Points Core Viewpoint - The company, Huamao (Xiamen) New Materials Technology Co., Ltd., has decided not to redeem its convertible bonds early, following a thorough review by its board of directors and in consideration of current market conditions [5][8]. Group 1: Convertible Bond Issuance - The company issued 10.5 million convertible bonds on September 14, 2023, with a total value of 1.05 billion yuan and a maturity of six years [1][2]. - The initial conversion price was set at 34.18 yuan per share, which was later adjusted to 34.15 yuan, 33.95 yuan, 33.85 yuan, and finally to 33.76 yuan due to various factors including stock options and profit distribution [2][3]. Group 2: Redemption Terms and Conditions - The convertible bonds have conditional redemption terms, which can be triggered if the stock price exceeds 130% of the conversion price for at least 15 trading days within a 30-day period, or if the remaining unconverted bonds are less than 30 million yuan [3][4]. - The stock price met the redemption condition between July 17, 2025, and August 14, 2025, prompting the company to consider its redemption options [5]. Group 3: Decision Against Early Redemption - On August 14, 2025, the company’s board decided not to exercise the early redemption option for the convertible bonds, citing current market conditions and future considerations [5][6]. - The company will not propose a conditional redemption plan even if the redemption conditions are met again within the next three months [5]. Group 4: Shareholder Transactions - The actual controller and major shareholders have reduced their holdings of the convertible bonds in the six months leading up to the redemption condition being met [6][7]. - The total amount of convertible bonds held by key stakeholders decreased significantly during this period [7]. Group 5: Underwriter's Review - The underwriter, ShenGang Securities, confirmed that the decision not to redeem the bonds early was made following proper procedures and in compliance with relevant regulations [8].

申港证券股份有限公司 关于华懋（厦门）新材料科技股份有限公司 不提前赎回"华懋转债"的核查意见 申港证券股份有限公司（以下简称"申港证券"、"保荐机构"）作为华懋（厦 门）新材料科技股份有限公司（以下简称"华懋科技"、"公司"）向不特定对象 发行可转换公司债券的保荐机构，根据《证券发行上市保荐业务管理办法》《上 海证券交易所股票上市规则》《上海证券交易所上市公司自律监管指引第 12 号— —可转换公司债券》和《上海证券交易所上市公司自律监管指引第 11 号——持 续督导》等相关法律、法规和规范性文件的规定，对华懋科技不提前赎回"华懋 转债"事项进行了核查，核查具体情况如下： 一、可转债发行上市情况 （一）经中国证券监督管理委员会证监许可【2023】1682 号文同意注册，公 司于 2023 年 9 月 14 日向不特定对象发行了 1,050 万张可转换公司债券，每张面 值 100 元，发行总额 105,000 万元，期限为自发行之日起六年，即自 2023 年 9 月 14 日至 2029 年 9 月 13 日。 （七）根据公司 2025 年 1 月 3 日披露于上交所网站（www.sse.com.cn）的 《 ...

Core Viewpoint - Huamao Technology announced that it will not exercise the early redemption rights for its "Huamao Convertible Bonds" during the board meeting scheduled for August 14, 2025 [1] Group 1 - The company will hold its sixth temporary board meeting in 2025 on August 14 [1] - The board has approved the proposal regarding the non-early redemption of the "Huamao Convertible Bonds" [1] - The decision indicates the company's strategy to maintain its current capital structure without redeeming the bonds early [1]

证券代码：603306 证券简称：华懋科技 公告编号：2025-073 债券代码：113677 债券简称：华懋转债 华懋（厦门）新材料科技股份有限公司 关于不提前赎回"华懋转债"的公告 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： 一、可转债发行上市情况 （一）经中国证券监督管理委员会证监许可【2023】1682 号文同意注册， 公司于 2023 年 9 月 14 日向不特定对象发行了 1,050 万张可转换公司债券，每张 面值 100 元，发行总额 105,000 万元，期限为自发行之日起六年，即自 2023 年 9 月 14 日至 2029 年 9 月 13 日。 华懋（厦门）新材料科技股份有限公司（以下简称"华懋科技"、"公 司"）股票自 2025 年 7 月 17 日至 2025 年 8 月 14 日已有 15 个交易日 的收盘价不低于当期转股价格的 130%（即 43.89 元/股），已触发"华 懋转债"的有条件赎回条款。 公司于 2025 年 8 月 14 日召开 2025 年第六次临时董事会会议 ...

Group 1 - The core viewpoint of the news highlights significant advancements in the GaN/SiC integration field, particularly through the establishment of the National Third-Generation Semiconductor Technology Innovation Center in Shenzhen, which has achieved breakthroughs in high-quality GaN/AlGaN heterostructure epitaxy on 8-inch 4° inclined 4H-SiC substrates [1] - The innovation center's achievement is expected to fundamentally address reliability issues in GaN materials by significantly reducing defect density and enhancing thermal performance, thus providing a competitive alternative to existing silicon-based GaN technology [1] - The breakthrough allows for mass production of high-quality GaN epitaxial materials, paving the way for the development and industrialization of GaN/SiC hybrid transistors [1] Group 2 - The demand for high-temperature, high-voltage, high-frequency, and high-power performance in emerging technologies such as 5G, automotive, wireless communication, and aerospace is driving the need for GaN as a representative of third-generation wide bandgap semiconductors [2] - GaN devices exhibit advantages such as low conduction resistance, high electron mobility, and excellent thermal conductivity, which can significantly enhance the performance of new power electronic devices while also achieving energy savings [2] - Major manufacturers are seeking technological breakthroughs in vertical structures and increased integration to obtain superior GaN devices and capture market share, indicating strong growth potential in automotive electrical systems, large-scale integrated circuits, and wireless communication [2]

Group 1 - The early trading session saw a surge in the photoresist concept stocks, with specialty gases leading the gains [1] - Kaimeteqi achieved a consecutive two-day limit-up, while China Shipbuilding Special Gas hit a 20% limit-up [1] - Other companies such as Huate Gas, Huamao Technology, Pulite, and Nanda Optoelectronics also experienced upward movement [1]

Core Insights - The automotive parts sector experienced a slight increase of 0.07% on August 12, with Yutian Guanjia leading the gains [1] - The Shanghai Composite Index closed at 3665.92, up 0.5%, while the Shenzhen Component Index closed at 11351.63, up 0.53% [1] Automotive Parts Sector Performance - Yutian Guanjia (301173) saw a significant rise of 12.11%, closing at 53.25 with a trading volume of 79,900 shares and a transaction value of 426 million [1] - Other notable gainers included: - Xinpeng Co., Ltd. (002328) up 10.02% to 6.81 with a volume of 607,000 shares [1] - Weidi Co., Ltd. (603023) up 10.00% to 4.62 with a volume of 482,300 shares [1] - Liangyuan Zhuomei (301398) up 9.67% to 43.91 with a volume of 103,100 shares [1] - Huamao Technology (603306) up 8.39% to 46.90 with a volume of 195,200 shares [1] Capital Flow Analysis - The automotive parts sector saw a net outflow of 2.408 billion from institutional investors, while retail investors contributed a net inflow of 2.071 billion [2] - The sector's overall capital flow indicates a mixed sentiment, with institutional investors withdrawing funds while retail investors increased their positions [2] Individual Stock Capital Flow - Top stocks by net inflow from institutional investors included: - Top Group (601689) with a net inflow of 158 million [3] - Hai Lian Jin Hui (002537) with a net inflow of 109 million [3] - Xinpeng Co., Ltd. (002328) with a net inflow of 97.72 million [3] - Conversely, stocks like Yutian Guanjia (301173) experienced a net outflow of 30.10 million from retail investors [3]

Group 1 - In January 2025, nearly 500 listed companies in the A-share market announced share buybacks, with a total buyback amount exceeding 18 billion yuan, surpassing the same period last year [1] - Major industry leaders are actively participating in the buyback trend, with 38 companies implementing buybacks exceeding 100 million yuan in January 2025 [2] - Kweichow Moutai leads the buyback efforts with approximately 1 billion yuan in buybacks, marking its first buyback plan in 23 years [2][3] Group 2 - China State Construction also engaged in buybacks, with an amount of 887 million yuan aimed at optimizing its capital structure [3] - Muyuan Foods announced a buyback plan of 3 to 4 billion yuan, having repurchased shares worth 1.25 billion yuan by the end of January 2025 [3] - The recent policy adjustments regarding buyback loans have stimulated market confidence, leading to over 100 companies disclosing buyback plans since the beginning of 2025 [4] Group 3 - Tianqi Materials reported a buyback of 6.524 million shares for a total of approximately 121 million yuan, funded by both its own resources and a special loan of 180 million yuan from CITIC Bank [4] - Zhongheng Group plans to repurchase shares worth 300 to 500 million yuan, supported by a loan commitment of up to 450 million yuan from Bank of Communications [5] - Shunfa Hengye intends to use its own funds and special loans for a buyback plan of 250 to 500 million yuan, with a loan commitment of up to 450 million yuan from China Construction Bank [5]

债券代码：113677 债券简称：华懋转债 华懋（厦门）新材料科技股份有限公司 证券代码：603306 证券简称：华懋科技 公告编号：2025-072 特此公告。 华懋（厦门）新材料科技股份有限公司 根据《上市公司股权激励管理办法》《上海证券交易所上市公司自律监管指南第2号一业务办理》《华 懋（厦门）新材料科技股份有限公司2021年股票期权激励计划（修订稿）》及中国证券登记结算有限责 任公司上海分公司关于股票期权自主行权的相关规定，并结合华懋（厦门）新材料科技股份有限公司 （以下简称"公司"）2025年半年度报告的披露计划，现对公司2021年股票期权激励计划预留授予股票期 权第三个行权期限制行权期间（以下简称"本次限制行权期"）公告如下： 董 事 会 一、公司2021年股票期权激励计划预留授予股票期权（期权代码：0000000837）第三个行权期实际行权 期间为2024年9月20日至2025年9月5日。 2025年8月12日 二、本次限制行权期为2025年8月15日至2025年8月29日，在此期间全部激励对象将限制行权。 三、公司将按照有关规定及时办理限制行权相关事宜。 关于2021年股票期权激励计划预留授予 ...

证券日报网讯 8月11日晚间，华懋科技发布公告称，根据相关规定，并结合公司2025年半年度报告的披 露计划，现对公司2021年股票期权激励计划预留授予股票期权第三个行权期限制行权期间（简称"本次 限制行权期"）公告如下：一、公司2021年股票期权激励计划预留授予股票期权（期权代码： 0000000837）第三个行权期实际行权期间为2024年9月20日至2025年9月5日。二、本次限制行权期为 2025年8月15日至2025年8月29日，在此期间全部激励对象将限制行权。三、公司将按照有关规定及时办 理限制行权相关事宜。 （编辑 任世碧） ...