兴业证券股份有限公司 重要声明 本报告依据《公司债券发行与交易管理办法》《可转换公司债券管理办法》 （以下简称"《管理办法》"）《公司债券受托管理人执业行为准则》《四川福蓉科 技股份公司与兴业证券股份有限公司关于四川福蓉科技股份公司公开发行可转 换公司债券受托管理协议》（以下简称"《受托管理协议》"）《四川福蓉科技股份 公司向不特定对象发行可转换公司债券募集说明书》（以下简称"《可转债募集说 明书》"）等，由本期债券受托管理人兴业证券股份有限公司（以下简称"兴业证 券"）编制。兴业证券对本报告中所包含的从上述文件中引述内容和信息未进行 独立验证，也不就该等引述内容和信息的真实性、准确性和完整性做出任何保证 或承担任何责任。 本报告不构成对投资者进行或不进行某项行为的推荐意见，投资者应对相关 事宜做出独立判断，而不应将本报告中的任何内容据以作为兴业证券所作的承诺 或声明。在任何情况下，投资者依据本报告所进行的任何作为或不作为，兴业证 券不承担任何责任。 兴业证券作为四川福蓉科技股份公司（以下简称"福蓉科技"或"公司"） 向不特定对象发行可转换公司债券（以下简称"本次可转债"）的受托管理人， 持续密切关注对债券持 ...

福建省福蓉源再生资源开发有限公司 关于开展商品套期保值业务的可行性分析报告 一、开展商品套期保值业务的必要性 目前国内外经济形势复杂多变，市场竞争日益激烈，作为市场竞争主体的 企业面临着越来越大的经营风险。而期货市场套期保值功能是风险对冲和规避的 主要手段。 四川福蓉科技股份公司（以下简称"公司"）全资子公司福建省福蓉源再生 资源开发有限公司（以下简称"再生资源公司"）主要从事铝合金圆铸锭的生产 及销售业务，再生资源公司当前面临的主要经营风险是原材料铝锭的价格波动风 险，尤其是价格波动将极大的影响再生资源公司的盈利能力。为有效防范或规避 原材料价格波动风险，再生资源公司拟在公司的指导及监督下开展铝锭期货套期 保值业务，采用商品套期保值工具来尽可能锁定成本和利润，保障公司经营稳定。 二、商品套期保值业务概述 （一）交易品种：铝锭； （四）投入资金、资金来源：再生资源公司铝锭期货套期保值业务中投入 的资金（保证金）全部为自有资金； （五）业务授权期限：自再生资源公司拟开展的铝锭期货套期保值业务获 得批准之日起至 2025 年 12 月 31 日； （六）其他：须遵守福建省冶金（控股）有限责任公司关于开展铝期货套 ...

四川福蓉科技股份公司 关于全资子公司开展套期保值业务的公告 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个别及连带责任。 重要内容提示: | 证券代码：603327 | 证券简称：福蓉科技 | 公告编号：2025-045 | | --- | --- | --- | | 转债代码：113672 | 转债简称：福蓉转债 | | ●交易目的：为有效防范或规避原材料价格波动风险，保障公司经营稳定。 ●交易场所：上海期货交易所 ●交易金额：投入资金（保证金）控制在人民币 480 万元以内；有效期内 任一时点的交易保证金金额不超过上述额度。上述额度在有效期内可滚动循环使 用。 ●已履行的审议程序：经 2025 年 9 月 1 日召开的第三届董事会审计委员会 第十三次会议、第三届董事会第二十六次会议审议通过。 ●特别风险提示：市场风险、操作风险、流动性风险、内部控制风险等。 一、交易情况概述 （一）交易目的 为有效防范或规避原材料价格波动风险，保障公司经营稳定，公司全资子公 司福建省福蓉源再生资源开发有限公司（以下简称"再生资源公司"）2025 年 ...

Core Viewpoint - 福蓉科技's 2025 mid-year report shows a mixed performance with revenue growth but significant declines in net profit and margins [1] Financial Performance - Total revenue for 2025 reached 1.179 billion yuan, a year-on-year increase of 13.13% [1] - Net profit attributable to shareholders was 41.465 million yuan, down 60.3% year-on-year [1] - Gross margin decreased to 10.1%, a decline of 22.61% compared to the previous year [1] - Net margin fell to 3.52%, down 64.91% year-on-year [1] - Operating cash flow per share was -0.17 yuan, a decrease of 174.71% year-on-year [1] Accounts Receivable and Debt - Accounts receivable increased to 421 million yuan, representing 263.76% of the latest annual net profit [1] - Interest-bearing liabilities rose to 981 million yuan, an increase of 13.34% [1] - The company’s cash flow situation is concerning, with cash and cash equivalents at 170 million yuan, down 39.32% [1] Cost Structure - Total selling, administrative, and financial expenses amounted to 46.3722 million yuan, accounting for 3.93% of revenue, an increase of 17.26% year-on-year [1] - Research and development expenses increased by 51.58%, indicating a focus on innovation despite financial pressures [4] Business Model and Investment Considerations - The company's performance is heavily reliant on capital expenditures, necessitating careful evaluation of the profitability of these investments [5] - Historical return on invested capital (ROIC) has been average, with a 2024 ROIC of 6.17% [4] - The company has a significant reliance on accounts receivable, which poses a risk to cash flow stability [5]

在消费电子行业个股中，福蓉科技股东户数低于行业平均水平，截至8月8日，消费电子行业平均股东户 数为5.26万户。户均持股市值方面，消费电子行业A股上市公司户均持股市值为39.35万元，福蓉科技低 于行业平均水平。 证券之星消息，近日福蓉科技（维权）披露，截至2025年8月8日公司股东户数为4.83万户，较6月30日 增加6966.0户，增幅为16.86%。户均持股数量由上期的2.41万股减少至2.07万股，户均持股市值为21.11 万元。 从股价来看，2025年6月30日至2025年8月8日，福蓉科技区间涨幅为10.49%，在此期间股东户数增加 6966.0户，增幅为16.86%。 根据统计，福蓉科技2025年6月30日至2025年8月8日，主力资金净流入4857.59万元，游资资金净流出 3689.89万元，散户资金净流出1167.7万元。 MACD金叉信号形成，这些股涨势不错！ | 统计截止日 | 区间股价涨跌幅 | 股东户数 | 增减 | 增减比例 | 户均持股市值(元) | 户均持股数(股) | | --- | --- | --- | --- | --- | --- | --- | | 2025-08 ...

Core Viewpoint - The legal opinion letter confirms the legality and validity of the procedures and results of the Sichuan Furong Technology Co., Ltd. 2025 Second Extraordinary General Meeting of Shareholders [1][11]. Group 1: Meeting Procedures - The meeting was convened by the company's board of directors on July 30, 2025, and the notice was published on July 31, 2025, in the Shanghai Securities Journal and on the Shanghai Stock Exchange website [4]. - The meeting was held on August 27, 2025, in Chengdu, Sichuan, combining both on-site and online voting methods [4][11]. - The legal opinion confirms that the convening and holding procedures of the meeting comply with the Company Law, the Rules for Shareholders' Meetings, and the company's articles of association [4][11]. Group 2: Attendance and Voting - The total attendance rate was 76.6081%, with 4 shareholders present at the meeting representing 82,127,937 shares (8.2334%), and 501 shareholders participating via online voting representing 682,032,565 shares (68.3747%) [4][5]. - The qualifications of the attendees were deemed legal and valid by the legal counsel [5][11]. Group 3: Voting Results - The meeting passed several resolutions, including the reappointment of Sigma Accounting Firm as the company's auditor for the 2025 fiscal year, with 99.9655% of the votes in favor [5]. - A resolution to change the registered capital and amend the company's articles of association was also approved, with 99.9604% of the votes in favor [6]. - The voting results for various resolutions showed overwhelming support, with most resolutions receiving over 99% approval from the attending shareholders [7][10].

1.2本公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容的真实性、准确性、完整 性，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 登录新浪财经APP 搜索【信披】查看更多考评等级 公司代码：603327 公司简称：福蓉科技 第一节 重要提示 1.1本半年度报告摘要来自半年度报告全文，为全面了解本公司的经营成果、财务状况及未来发展规 划，投资者应当到www.sse.com.cn网站仔细阅读半年度报告全文。 1.3公司全体董事出席董事会会议。 1.4本半年度报告未经审计。 1.5董事会决议通过的本报告期利润分配预案或公积金转增股本预案 无 第二节 公司基本情况 2.1公司简介 ■ 2.2主要财务数据 单位：元 币种：人民币 ■ 2.3前10名股东持股情况表 单位: 股 ■ 2.4截至报告期末的优先股股东总数、前10名优先股股东情况表 □适用 √不适用 2.5控股股东或实际控制人变更情况 □适用 √不适用 2.6在半年度报告批准报出日存续的债券情况 □适用 √不适用 第三节 重要事项 二、董事会会议审议情况 公司应当根据重要性原则，说明报告期内公司经营情况的重大变化，以及报告期内 ...

Core Points - The article outlines the governance structure and operational rules for the Nomination Committee of Sichuan Furong Technology Co., Ltd, emphasizing the importance of a scientific and democratic process in the nomination and appointment of directors and senior management. Group 1: General Provisions - The company establishes a Nomination Committee under the Board of Directors to enhance governance and optimize the composition of the board and management [1][2] - The resolutions made by the Nomination Committee must comply with relevant laws, regulations, and the company's articles of association [2][3] Group 2: Composition of the Committee - The Nomination Committee consists of three directors, with independent directors making up more than half of the committee [4] - The committee is chaired by an independent director, elected by the committee members and approved by the Board [5] Group 3: Responsibilities and Authority - The Nomination Committee is responsible for proposing candidates for directors and senior management, evaluating their performance, and making recommendations for replacements [11][12] - The committee must conduct thorough searches for qualified candidates and ensure compliance with legal and regulatory requirements [13][14] Group 4: Meeting Procedures - The Nomination Committee must hold at least one regular meeting each fiscal year, with additional temporary meetings as needed [8][9] - Meeting notifications must include essential details such as time, location, agenda, and contact information [9][10] Group 5: Voting and Decision-Making - A quorum of two-thirds of the committee members is required to hold a meeting, and decisions must be made by a majority vote [10][30] - The committee's resolutions must be documented and communicated to the Board of Directors promptly [39][40] Group 6: Evaluation and Confidentiality - The Nomination Committee has the authority to evaluate the performance of directors and senior management, requiring cooperation from relevant departments [46][47] - Members of the committee are obligated to maintain confidentiality regarding any non-public information they encounter [50]

Core Viewpoint - The company has established a system to enhance internal control and standardize the preparation, review, and disclosure of annual financial reports, emphasizing the role of the audit committee in overseeing these processes [1]. Group 1: Audit Committee Responsibilities - The audit committee is responsible for coordinating the audit schedule with the accounting firm and ensuring timely submission of the audit report [2]. - The committee must review the financial statements before the auditors commence their work and provide written opinions [2]. - After the auditors provide preliminary opinions, the committee will review the financial statements again and form additional written opinions [2]. Group 2: Auditor Engagement and Evaluation - The company should not change auditors during the audit period unless absolutely necessary, in which case the audit committee must evaluate the quality of both the previous and new auditors [3]. - The audit committee must provide a comprehensive evaluation of the auditors' performance before recommending reappointment or replacement for the next fiscal year [3][4]. - Any communication and evaluation regarding auditor changes must be documented and reported to the regulatory authority within three working days after the shareholders' meeting [3]. Group 3: Confidentiality and Compliance - The audit committee must ensure that auditors and other insiders maintain confidentiality and prevent unauthorized disclosure of significant non-public information [5]. - The system established by the board of directors will be effective upon approval and will be subject to modification as necessary [5].

Core Viewpoint - The document outlines the regulations and responsibilities regarding the appointment and duties of the Secretary of the Board of Directors for Sichuan Furong Technology Co., Ltd, aiming to enhance corporate governance and ensure compliance with relevant laws and regulations [1][2]. Group 1: Appointment of the Secretary - The company shall appoint one Secretary of the Board, who is a senior management member responsible for fulfilling legal obligations and duties as per regulations [1][2]. - Individuals with certain disqualifications, such as administrative penalties or market bans, are prohibited from serving as the Secretary [2][3]. - The appointment process requires prior notification to the Shanghai Stock Exchange and submission of relevant documentation [2][3]. Group 2: Responsibilities and Duties - The Secretary is responsible for external information disclosure, managing investor relations, and coordinating communication with regulatory bodies [5][6]. - The Secretary must ensure compliance with confidentiality obligations and oversee the management of sensitive information [5][6]. - The Secretary has a duty to report any violations of laws or regulations by the company or its executives to the Board and relevant authorities [6][7]. Group 3: Termination and Transition - The company must have valid reasons for terminating the Secretary, and any termination must be reported promptly to the Shanghai Stock Exchange [4][5]. - In the event of a vacancy, the Board must appoint an interim Secretary and complete the appointment of a new Secretary within three months [5][6]. - The outgoing Secretary must undergo a review and transfer relevant documents before leaving the position [5][6].