证券代码：603595 证券简称：ST 东尼 公告编号：2026-009 浙江东尼电子股份有限公司 关于获得政府补助的公告 公司根据《企业会计准则第 16 号——政府补助》的相关规定，确认与收益 相关的政府补助 150.00 万元，计入其他收益，预计将增加 2026 年度利润总额 150.00 万元。最终的会计处理以及对公司当期损益产生的影响以审计机构年度审 计确认后的结果为准，敬请广大投资者注意投资风险。 特此公告。 浙江东尼电子股份有限公司董事会 2026 年 4 月 1 日 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。 一、获取补助的基本情况 浙江东尼电子股份有限公司（以下简称"公司"）控股子公司湖州东尼新能 源有限公司于 2026 年 3 月 30 日收到一笔与收益相关的政府补助 150.00 万元， 占公司 2024 年度经审计的归属于上市公司股东的净利润的比例为 13.02%。 二、补助的类型及其对公司的影响 ...

Core Viewpoint - Silicon Carbide (SiC) is emerging as a critical wide-bandgap semiconductor material, playing a vital role in modern technology, particularly in enhancing energy efficiency and promoting sustainable development [4][10]. Group 1: Industry Dynamics - The SiC industry is experiencing rapid growth, characterized by accelerated industrial scaling, with substrate sizes transitioning from 6/8 inches to 12 inches, leading to significant increases in single-chip output and reductions in unit costs [5]. - The demand for SiC is driven by applications in electric vehicles (800V platforms) and upgrades in photovoltaic energy storage, indicating a shift from high-end applications to mass commercialization [5]. Group 2: Material Properties - SiC has a bandgap of approximately 3.26 eV, significantly higher than silicon's 1.12 eV, allowing it to operate stably under high temperature, high pressure, and high frequency conditions [7]. - The material exhibits high thermal conductivity (about 4.9 W/cm·K), high breakdown field strength (approximately 3 MV/cm), and high saturated electron drift velocity, making it suitable for various demanding applications [7]. Group 3: Manufacturing Processes - SiC can be produced through various methods, including traditional carbothermal reduction, Acheson process, and advanced techniques like chemical vapor deposition (CVD) and molecular beam epitaxy (MBE) [11][12][18]. - The growth of single crystals is primarily achieved through physical vapor transport (PVT), which is the most common method for producing high-purity SiC substrates [12]. Group 4: Applications - SiC is widely used in semiconductor devices, including power devices like MOSFETs and IGBTs, which are essential for high-voltage and high-frequency applications [19]. - In renewable energy, SiC enhances the efficiency of inverters in photovoltaic systems and supports smart grid technologies [17]. - The material is also critical in thermal management applications, serving as heat sinks for power modules, LEDs, and AI servers [21]. Group 5: Domestic Company Developments - Tianyu Advanced plans to launch the world's first 12-inch conductive substrate in November 2024 and aims to establish a full product matrix of 6/8/12 inches by 2025 [24]. - Nankai Crystal has showcased its 8-inch N-type SiC substrate at the ICSCRM exhibition in September 2025, indicating advancements in production capabilities [26]. - Lusheng Technology has achieved stable mass production of 6-inch SiC substrates with a yield rate of 95% and is progressing towards 8-inch substrate production [27].

证券代码：603595 证券简称：ST 东尼 公告编号：2026-008 浙江东尼电子股份有限公司 2026年第一次临时股东会决议公告 (四)表决方式是否符合《公司法》及《公司章程》的规定，会议主持情况等。 一、 会议召开和出席情况 (一)股东会召开的时间：2026 年 3 月 2 日 (二)股东会召开的地点：浙江省湖州市吴兴区织里镇利济东路 588 号 A 幢 201 会 议室 (三)出席会议的普通股股东和恢复表决权的优先股股东及其持有股份情况： | 1、出席会议的股东和代理人人数 | 205 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 123,638,527 | | 3、出席会议的股东所持有表决权股份数占公司有表决权股份总数的比例（%） | 53.1911 | 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： 本次会议是否有否决议案：无 本次股东会由公司董事会召集，董事长沈晓宇先生主持，会议采取现场投票 及网络投票相结合的表决方式进行表决，会议的召集、召开、出席会议 ...

上海市锦天城律师事务所 关于浙江东尼电子股份有限公司 2026 年第一次临时股东会的 法律意见书 地址：上海市浦东新区银城中路 501 号上海中心大厦 11/12 楼 电话：021-20511000 传真：021-20511999 邮编：200120 上海市锦天城律师事务所 法律意见书 上海市锦天城律师事务所 关于浙江东尼电子股份有限公司 2026 年第一次临时股东会的法律意见书 致：浙江东尼电子股份有限公司 上海市锦天城律师事务所（以下简称"本所"）接受浙江东尼电子股份有限公 司（以下简称"公司"）委托，就公司召开 2026 年第一次临时股东会（以下简 称"本次股东会"）的有关事宜，根据《中华人民共和国公司法》（以下简称《公 司法》）、《上市公司股东会规则》等相关法律、法规及规范性文件以及《浙江 东尼电子股份有限公司章程》（以下简称《公司章程》）的有关规定，出具本法 律意见书。 为出具本法律意见书，本所及本所律师依据《律师事务所从事证券法律业务 管理办法》和《律师事务所证券法律业务执业规则（试行）》等规定，严格履行 了法定职责，遵循了勤勉尽责和诚实信用原则，对本次股东会所涉及的相关事项 进行了必要的核查和验 ...

Core Viewpoint - ST Dongni plans to transfer 31.698% equity of its subsidiary Dongni New Energy to quickly recover funds and optimize its asset structure, despite the subsidiary being a core profit contributor [1][11]. Group 1: Equity Transfer Details - ST Dongni intends to sell 21.698% of Dongni New Energy for 230 million yuan and 10% to the management team for 33.36 million yuan [2][12]. - The valuation of Dongni New Energy is set at 1.06 billion yuan, reflecting a 217.78% increase over its net asset value [13]. - After the transaction, ST Dongni's shareholding will decrease from 65% to 33.3%, removing Dongni New Energy from its consolidated financial statements [2][13]. Group 2: Financial Performance of Dongni New Energy - Dongni New Energy is projected to generate revenues of 406 million yuan in 2024 and 585 million yuan in the first 11 months of 2025, with net profits of 17.39 million yuan and 54.89 million yuan respectively [4][15]. - The subsidiary contributes approximately 98% of ST Dongni's net profit, making it a critical profit source [4][15]. Group 3: Semiconductor Business Challenges - ST Dongni's semiconductor business has been underperforming, with expected losses of 45 million to 65 million yuan in 2025, transitioning from profit to loss [5][16]. - The semiconductor segment has faced continuous losses, with a reported loss of 600 million yuan in 2023 due to contract delivery failures and high production costs [6][17]. - In 2024, the semiconductor business revenue fell by 45.28% to 70.82 million yuan, with a gross margin of -28.34% [18]. Group 4: Regulatory Issues and Penalties - ST Dongni has been penalized for disclosure violations, including late reporting of significant contract progress and false records in annual reports, resulting in fines totaling 15.7 million yuan [19][21]. - The company failed to meet delivery targets for a 675 million yuan contract, completing only 6.74% by the deadline [20].

Core Viewpoint - ST Dongni (SH603595) plans to transfer a total of 31.7% equity in its subsidiary Dongni New Energy, with the aim of focusing on its core business and enhancing overall competitiveness [2][5]. Equity Transfer Details - 21.7% of the equity will be sold to Huzhou Dongli and Huzhou Talent Fund Phase II for a transaction price of 230 million yuan [2]. - 10% of the equity will be transferred to a newly established employee stock ownership platform for the core management team, with a transaction price of 33.3567 million yuan [2]. - After the transaction, ST Dongni's stake in Dongni New Energy will decrease from 65% to 33.3%, while Huzhou Dongli and Huzhou Talent Fund Phase II will hold a combined 56.7% [4]. Valuation and Financial Performance - As of November 30, 2025, the total equity valuation of Dongni New Energy is estimated at 1.06 billion yuan, reflecting an increase of 726 million yuan and a growth rate of 217.78% compared to the book value [2]. - Dongni New Energy's revenue for 2024 and the first eleven months of 2025 is projected to be 406 million yuan and 585 million yuan, respectively, with net profits of 17.39 million yuan and 54.89 million yuan [2]. Performance Commitment - The actual controllers of ST Dongni have committed that Dongni New Energy's net profit for the years 2026, 2027, and 2028 will not be less than 240 million yuan. If this commitment is not met, the controllers will provide cash compensation to Huzhou Dongli and Huzhou Talent Fund Phase II [3]. Strategic Focus - The transaction is part of ST Dongni's strategic plan to focus on its main business, quickly recover funds through the sale of subsidiary equity, and enhance its core competitiveness by developing new projects and products with major clients [5].

Core Viewpoint - The company plans to transfer a total of 31.698% equity in its subsidiary, Dongni New Energy, to optimize its asset structure and enhance core competitiveness, resulting in a reduction of its ownership from 65% to 33.302% [2][6][9]. Transaction Overview - The company holds a 65% stake in Dongni New Energy and intends to sell 31.698% of this stake, with 21.698% sold to Huzhou Dongli and Huzhou Talent Fund II for a total price of 230 million yuan, and 10% sold to an employee stock ownership platform for 33.3567 million yuan [2][6][9]. - The valuation of Dongni New Energy is assessed at 1.06 billion yuan, reflecting a 217.78% increase over its net asset value [6][9]. - The transaction has been approved by the company's board and will be submitted for shareholder approval [5][10]. Purpose and Reasons for the Transaction - The transaction aims to focus on the company's core business, quickly recover funds, and enhance overall competitiveness, while the equity incentive is expected to strengthen the management team's cohesion [9][37]. - Post-transaction, the company will still hold a 33.302% stake in Dongni New Energy, allowing for continued investment returns [9][37]. Decision-Making Process - The board of directors approved the transaction with unanimous consent, and it will be presented at the upcoming shareholder meeting for further approval [10][59]. Financial Information of the Transaction Counterparties - Huzhou Dongli and Huzhou Talent Fund II are identified as the transaction counterparties, both having good credit status and no prior relationships with the company [11][36]. - The employee stock ownership platform, Huzhou Lanzhichunxu, is established by the core management team of Dongni New Energy, also with a good credit status [12][36]. Impact on the Company - The transaction is expected to generate investment income for the company in 2026, although the net profit contribution from Dongni New Energy will decrease in the consolidated financial statements [37][38]. - The transaction will not adversely affect the company's ongoing operations and will not harm the interests of minority shareholders [38][39].

Group 1 - The company ST Dongni announced a temporary board meeting on February 13, 2026, to discuss the proposal for transferring part of the equity of its controlling subsidiary [1] - The company experienced a dramatic shift in net profit, increasing ninefold before suddenly reporting a loss exceeding 200 million yuan [1] - The chairman of the company personally contributed 50 million yuan to cover the financial shortfall, raising questions about the company's financial management [1]

湖州东尼新能源有限公司 审计报告 and and the subject o 公证天业会计师事务所(特殊普通合伙) Jiangsu Gongzheng Tianye Certified Public Accountants, SGP 江苏 苏州 86 (512) 65260880 t: 86 (512) 65186030 电子信箱:szfs(agztycpa.cn Suzhou . Jiangsu . China Tel: 86 (512) 65260880 Fax: 86 (512) 65186030 E-mail: szfs(@gztycpa.cn 审计报告 苏公S[2026]A001号 湖州鑫曦投资发展有限公司: 湖州市创新创业投资有限公司: 湖州东尼新能源有限公司: 一、审计意见 我们审计了湖州东尼新能源有限公司(以下简称"东尼新能源")财务报表, 包括2025年11月30日、2024年12月31日的资产负债表,2025年1-11月、2024年度 的利润表、现金流量表、所有者权益变动表,以及财务报表附注。 我们认为,后附的财务报表在所有重大方面按照企业会计准则的规定编制, 公允反映了东尼新能源2025 ...

拟进行股权收购所涉及的 湖州东尼新能源有限公司股东全部权益价值 资产评估报告 苏中资评报字(2026)第 14005 号 (共一册,第一册) 本资产评估报告依据中国资产评估准则编制 湖州鑫曦投资发展有限公司、 湖州市创新创业投资有限公司 江苏中企华中天资产评估有限公司 二〇二六年一月二十日 中国资产评估协会 资产评估业务报告备案回执 | 报告编码: | 3232020077202600044 | | --- | --- | | 合同编号: | PG2026C0009000 | | 报告类型: | 法定评估业务资产评估报告 | | 报告文号: | 苏中资评报字(2026)第14005号 | | 报告名称: | 湖州鑫曦投资发展有限公司、湖州市创新创业投资有限公司拟进 行股权收购所涉及的湖州东尼新能源有限公司股东全部权益价值 | | | 资产评估报告 | | 评估结论: | 1.060.000.000.00元 | | 评估报告日: | 2026年01月20日 | | 评估机构名称: | 江苏中企华中天资产评估有限公司 | | 签名人员: | 屈洁茹 (资产评估师) 正式会员 编号:32200280 | | | ( ...