中信建投证券股份有限公司 关于扬州天富龙集团股份有限公司 使用超募资金投资在建项目的核查意见 中信建投证券股份有限公司（以下简称"中信建投"或"保荐机构"）作为 扬州天富龙集团股份有限公司（以下简称"天富龙"或"公司"）首次公开发行 股票并在主板上市的保荐机构，根据《证券发行上市保荐业务管理办法》《上市 公司募集资金监管规则》《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 1 号——规范运作》等有关法律法规和规范性文件的规定， 对天富龙使用超募资金投资在建项目的事项进行了认真、审慎核查，具体核查情 况如下： | 发行名称 | 2025 年首次公开发行股份 | | | --- | --- | --- | | 募集资金总额 | 94,423.60 | 万元 | | 募集资金净额 | 85,591.44 | 万元 | | 超募资金金额 | 6,591.44 | 万元 | | 募集资金到账时间 | 2025 年 | 8 月 1 日 | 一、募集资金基本情况 二、超募资金使用安排 | 超募资金金额 | 万元 6,591.44 | | --- | --- | | 前次已使用金额 | 0 万元 | ...

中信建投证券股份有限公司 关于扬州天富龙集团股份有限公司 增加部分募投项目实施主体、实施地点 及增加投资金额的核查意见 中信建投证券股份有限公司（以下简称"中信建投"或"保荐机构"）作为 扬州天富龙集团股份有限公司（以下简称"天富龙"或"公司"）首次公开发行 股票并在主板上市的保荐机构，根据《证券发行上市保荐业务管理办法》《上市 公司募集资金监管规则》《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 1 号——规范运作》等有关法律法规和规范性文件的规定， 对天富龙增加部分募投项目实施主体、实施地点及增加投资金额的事项进行了认 真、审慎核查，具体核查情况如下： 一、募集资金基本情况 根据中国证券监督管理委员会《关于同意扬州天富龙集团股份有限公司首次 公开发行股票注册的批复》（证监许可[2025]1139 号），公司获准向社会公开发行 人民币普通股股票 4,001.00 万股，每股发行价格为人民币 23.60 元，募集资金总 额 944,236,000.00 元，扣除与发行有关的费用（不含税）人民币 88,321,588.68 元后，公司募集资金净额为 855,914,411.32 元，其中 ...

Group 1 - The chemical fiber sector increased by 0.62% on October 20, with Shenma Co., Ltd. leading the gains [1] - The Shanghai Composite Index closed at 3863.89, up 0.63%, while the Shenzhen Component Index closed at 12813.21, up 0.98% [1] - Key stocks in the chemical fiber sector showed significant price increases, with Shenma Co., Ltd. rising by 4.45% to a closing price of 10.57 [1] Group 2 - The main capital flow in the chemical fiber sector showed a net inflow of 22.42 million yuan, while retail investors had a net inflow of 63.82 million yuan [2] - Major stocks like Shenma Co., Ltd. and Xinxiang Chemical Fiber saw varying levels of net capital inflow and outflow from different investor categories [3] - Shenma Co., Ltd. had a net inflow of 71.02 million yuan from main capital, while retail investors experienced a net outflow of 43.36 million yuan [3]

Group 1 - The core viewpoint of the news is that Tianfu Long's stock has shown volatility with a recent increase in price, despite a year-to-date decline [1] - As of October 20, Tianfu Long's stock price rose by 2.02% to 49.03 CNY per share, with a trading volume of 170 million CNY and a turnover rate of 9.97%, resulting in a total market capitalization of 19.612 billion CNY [1] - Year-to-date, Tianfu Long's stock has decreased by 13.68%, but it has increased by 6.19% over the last five trading days and 11.13% over the last twenty days [1] Group 2 - Tianfu Long, established on May 11, 2009, is located in Jiangsu Province and specializes in the research, production, and sales of differentiated polyester short fibers [2] - The main business revenue composition includes differentiated composite fibers at 64.50%, with low melting point short fibers at 59.63% and recycled colored polyester short fibers at 30.48% [2] - For the first half of 2025, Tianfu Long achieved operating revenue of 1.701 billion CNY, a year-on-year decrease of 4.68%, while the net profit attributable to the parent company was 226 million CNY, a year-on-year increase of 0.41% [2]

Market Overview - The chemical fiber sector experienced a decline of 2.23% on October 17, with Haiyang 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] Individual Stock Performance - Haiyang Technology (603382) closed at 32.76, down 6.32% with a trading volume of 31,100 shares and a turnover of 105 million yuan [1] - Shenma Co., Ltd. (600810) closed at 10.12, down 6.30% with a trading volume of 622,800 shares and a turnover of 643 million yuan [1] - Moyi Zhong (688722) closed at 17.66, down 5.21% with a trading volume of 52,000 shares and a turnover of 94.11 million yuan [1] - Tianfulong (603406) closed at 48.06, down 4.83% with a trading volume of 58,700 shares and a turnover of 288 million yuan [1] - Baogudi (300905) closed at 32.82, down 4.45% with a trading volume of 60,200 shares and a turnover of 202 million yuan [1] Capital Flow Analysis - The chemical fiber sector saw a net outflow of 351 million yuan from institutional investors, while retail investors had a net inflow of 334 million yuan [1] - The table of capital flow indicates that major stocks like Huafeng Chemical (002064) and Montai High-tech (300876) had mixed net inflows and outflows from different investor categories [2]

Core Viewpoint - Tianfulong (603406) experienced a 3.38% increase in stock price with a trading volume of 4.16 billion yuan and a turnover rate of 23.46% on the day of reporting [2] Group 1: Trading Activity - The stock was listed on the Shanghai Stock Exchange's "Dragon and Tiger List" due to its turnover rate of 23.46%, with a net buying amount of 3.8072 million yuan from brokerage seats [2] - The top five brokerage seats accounted for a total transaction volume of 52.018 million yuan, with a buying amount of 27.9126 million yuan and a selling amount of 24.1054 million yuan, resulting in a net buying of 3.8072 million yuan [2] - The largest buying brokerage was Guotai Junan Securities Headquarters, with a buying amount of 8.3048 million yuan, while the largest selling brokerage was Guoxin Securities Dongguan Branch, with a selling amount of 5.6776 million yuan [2][3] Group 2: Financial Performance - For the first half of the year, the company reported a revenue of 1.701 billion yuan, a year-on-year decrease of 4.68%, and a net profit of 226 million yuan, a year-on-year increase of 0.41% [3] - Over the past six months, the stock has appeared on the Dragon and Tiger List seven times, with an average price drop of 0.55% the day after being listed and an average drop of 4.69% over the following five days [2] Group 3: Capital Flow - On the reporting day, the stock saw a net inflow of 1.1494 million yuan in main funds, with a significant single net inflow of 2.6109 million yuan and a large single net outflow of 1.4615 million yuan [2] - In the past five days, the main funds have seen a net inflow of 44.925 million yuan [2]

Group 1 - Tianfulong (603406) experienced a 3.90% increase in stock price with a turnover rate of 33.74% and a trading volume of 577 million yuan, showing a volatility of 7.10% [1][2] - The stock was listed on the Shanghai Stock Exchange's "Dragon and Tiger List" due to its high turnover rate, with a net buying amount of 27.04 million yuan from brokerage seats [2][3] - The top five brokerage seats accounted for a total transaction of 101 million yuan, with a buying amount of 64.25 million yuan and a selling amount of 37.21 million yuan, resulting in a net buying of 27.04 million yuan [2][3] Group 2 - In the past six months, the stock has appeared on the "Dragon and Tiger List" six times, with an average price drop of 1.03% the day after being listed and an average drop of 6.68% in the following five days [3] - The stock saw a net inflow of 32.88 million yuan from main funds today, with a significant inflow of 32.35 million yuan from large orders [3] - For the first half of the year, the company reported a revenue of 1.701 billion yuan, a year-on-year decrease of 4.68%, while net profit was 226 million yuan, a year-on-year increase of 0.41% [3]

Market Overview - The chemical fiber sector experienced a decline of 0.2% on September 29, with Tianfulong leading the drop [1] - The Shanghai Composite Index closed at 3862.53, up 0.9%, while the Shenzhen Component Index closed at 13479.43, up 2.05% [1] Stock Performance - Notable gainers in the chemical fiber sector included: - Hengshen New Materials (Code: 000782) with a closing price of 6.21, up 5.61% and a trading volume of 287,700 shares, totaling 176 million yuan [1] - Youcai Resources (Code: 002998) with a closing price of 8.68, up 4.70% and a trading volume of 237,500 shares, totaling 206 million yuan [1] - Montai High-tech (Code: 300876) with a closing price of 30.82, up 3.01% and a trading volume of 19,100 shares, totaling 58.67 million yuan [1] - Conversely, the following stocks faced declines: - Tianfulong (Code: 603406) closed at 46.51, down 3.41% with a trading volume of 70,800 shares, totaling 331 million yuan [2] - Hengda Hailong (Code: 000677) closed at 4.89, down 3.36% with a trading volume of 243,300 shares, totaling 119 million yuan [2] - Youfu Co., Ltd. (Code: 002427) closed at 6.70, down 3.32% with a trading volume of 227,000 shares, totaling 152 million yuan [2] Capital Flow - The chemical fiber sector saw a net outflow of 230 million yuan from main funds, while retail investors contributed a net inflow of 220 million yuan [2] - The following stocks had significant capital flow: - Wanhui High-tech (Code: 600063) had a main fund net inflow of over 34.74 million yuan, while retail saw a net outflow of 27.74 million yuan [3] - Youcai Resources (Code: 002998) had a main fund net inflow of 15.81 million yuan, with retail experiencing a net outflow of 10.36 million yuan [3] - Nanjing Chemical Fiber (Code: 600889) had a main fund net inflow of 6.74 million yuan, while retail saw a net inflow of 2.76 million yuan [3]

Core Viewpoint - The announcement details the resignation of non-independent director Liu Haicheng and his subsequent election as an employee director, reflecting changes in the company's governance structure and compliance with legal requirements [1][2][3]. Group 1: Director Resignation - Liu Haicheng submitted his resignation due to internal work adjustments, effective upon delivery to the board [2]. - His resignation will not affect the board's legal composition or the company's normal operations [3]. Group 2: Election of Employee Director - Liu Haicheng was elected as the employee director during the employee representative meeting held on September 26, 2025, with his term lasting until the end of the current board's term [4]. - The number of employee representatives on the board remains compliant with legal and regulatory requirements [4]. Group 3: Compliance and Commitments - Liu Haicheng has outstanding commitments from the time of the initial public offering, which he will continue to adhere to after his resignation [3]. - His qualifications for the position are confirmed, with no legal or regulatory disqualifications noted [6].

Group 1 - Tianfulong (603406) experienced a 3.24% increase in stock price with a turnover rate of 34.73% and a trading volume of 586 million yuan, showing a volatility of 6.83% [2] - The stock was listed on the Shanghai Stock Exchange's "龙虎榜" due to its high turnover rate, with a net selling amount of 8.44 million yuan from brokerage seats [2] - The top five brokerage seats accounted for a total transaction amount of 97.8 million yuan, with a buying amount of 44.68 million yuan and a selling amount of 53.12 million yuan, resulting in a net selling of 8.44 million yuan [2] Group 2 - The main buying and selling brokerage for the stock was CITIC Securities Co., Ltd. Shanghai Branch, with buying and selling amounts of 12.20 million yuan and 14.17 million yuan respectively [2] - Over the past six months, the stock has appeared on the "龙虎榜" five times, with an average price drop of 0.44% the day after being listed and an average drop of 5.91% over the following five days [2] - On August 7, the company reported a revenue of 1.701 billion yuan for the first half of the year, a year-on-year decrease of 4.68%, while net profit was 226 million yuan, a year-on-year increase of 0.41% [2]