Market Overview - The Shanghai Composite Index closed at 3865.23 points, with a decline of 0.62% [1] - The total trading volume of A-shares reached 25,965.85 billion yuan [1] Technical Analysis - A total of 114 A-shares experienced a death cross, where the 5-day moving average fell below the 10-day moving average [1] - Notable stocks with significant distance between their 5-day and 10-day moving averages include: - Hongxing Co., Ltd. with a distance of -2.60% [1] - Huayi Technology with a distance of -2.54% [1] - Top Group with a distance of -2.48% [1] Individual Stock Performance - Hongxing Co., Ltd. (001209) saw a decline of 2.11% with a trading turnover of 4.66% [1] - Huayi Technology (688071) experienced a drop of 6.84% with a trading turnover of 5.55% [1] - Top Group (601689) fell by 6.13% with a trading turnover of 2.80% [1] - Other notable declines include: - Green Harmonic (688017) down 7.05% [1] - Fangzheng Electric (002196) down 1.99% [1] - Zhongyou Technology (688648) down 5.32% [1] Additional Stock Movements - Several stocks showed minor declines, including: - ST Huayi (600360) down 0.49% [2] - Olin Biotech (688319) down 7.06% [2] - Qinchuan IoT (688528) down 1.43% [2] - Stocks with slight increases include: - Gujing (000596) up 2.81% [2]

Core Viewpoint - The A-share market is experiencing a decline, with the Shanghai Composite Index down by 0.47% and a total trading volume of 2,104.034 billion yuan as of 14:01 [1]. Group 1: Market Performance - The Shanghai Composite Index is at 3,871.31 points, reflecting a decrease of 0.47% [1]. - A total of 91 A-shares have seen their 5-day moving averages cross below their 10-day moving averages, indicating potential bearish trends [1]. Group 2: Notable Stocks - Hongxing Co. (001209) has a 5-day moving average of 18.33 yuan, down 1.39% today, with a distance of -2.53% from its 10-day moving average [1]. - Huayi Technology (688071) shows a significant drop of 5.62%, with its 5-day moving average at 40.79 yuan, which is -2.43% lower than its 10-day moving average [1]. - Top Group (601689) has decreased by 5.54%, with a 5-day moving average of 73.56 yuan, -2.42% from its 10-day moving average [1].

Core Viewpoint - The stock of Suotong Development has experienced fluctuations, with a year-to-date increase of 87.96% but a recent decline in the last five and twenty trading days [1] Company Overview - Suotong Development Co., Ltd. is located in the Hengyuan Economic Development Zone, Linyi County, Shandong Province, established on August 27, 2003, and listed on July 18, 2017 [1] - The company's main business involves the research, production, and sales of prebaked anodes, with revenue composition as follows: prebaked anodes 90.75%, others 4.57%, negative materials 3.68%, and capacitors 0.99% [1] Financial Performance - For the first half of 2025, Suotong Development achieved operating revenue of 8.306 billion yuan, a year-on-year increase of 28.28%, and a net profit attributable to shareholders of 523 million yuan, a significant year-on-year increase of 1568.52% [2] - The company has distributed a total of 1.148 billion yuan in dividends since its A-share listing, with 629 million yuan distributed over the past three years [3] Shareholder Structure - As of June 30, 2025, the number of shareholders of Suotong Development was 55,500, an increase of 10.52% from the previous period, with an average of 8,980 circulating shares per person, a decrease of 9.52% [2] - The top ten circulating shareholders include notable entities such as Guotai Junan and Hong Kong Central Clearing Limited, with changes in their holdings noted [3]

Core Viewpoint - The strategic cooperation between Suotong Development and Sinopec aims to enhance the long-term partnership in the petroleum coke sector, focusing on technological research and resource supply for prebaked anode materials, which are crucial for the aluminum industry [1][5]. Group 1: Strategic Cooperation - Suotong Development and Sinopec have signed an agreement to deepen their long-term strategic cooperation, leveraging their respective strengths in the supply chain [1]. - The collaboration will focus on the research and development of specialized petroleum coke for prebaked anodes, resource assurance, and industry chain synergy [1][2]. Group 2: Importance of Petroleum Coke - Petroleum coke is a key material in the production of prebaked anodes, with its purity and composition directly affecting the performance of the final product and the efficiency of the aluminum industry [1][3]. - The demand for high-quality, specialized petroleum coke is increasing due to the "carbon peak and carbon neutrality" goals, highlighting its strategic importance and high value in the industry [1][3]. Group 3: Innovation and Research Support - The cooperation aims to establish a joint innovation platform to enhance research support for carbon materials used in prebaked anodes, aligning with the industry's needs under the dual carbon goals [2]. - The partnership will facilitate the development of high-performance prebaked anodes, expanding market opportunities in high-tech applications such as aerospace and high-purity aluminum [2][4]. Group 4: Resource Security and Industry Impact - The strategic relationship will provide long-term stability in resource supply, mitigating risks associated with market fluctuations in raw materials [3]. - The collaboration is expected to transform the petroleum coke industry from a resource-driven model to a technology-driven one, enhancing resource utilization efficiency and industry value [5].

索通发展股份有限公司 2025 年第四次临时股东会会议资料 索通发展股份有限公司 2025 年第四次临时股东会 会议资料 2025 年 10 月 1 索通发展股份有限公司 2025 年第四次临时股东会会议资料 目录 一、2025 年第四次临时股东会参会须知 二、2025 年第四次临时股东会基本情况及会议议程 三、2025 年第四次临时股东会会议议案 1.关于取消监事会、修订《公司章程》及办理工商变更登记手续的议案 2.关于修订公司部分治理制度的议案 2 索通发展股份有限公司 2025 年第四次临时股东会会议资料 索通发展股份有限公司 2025 年第四次临时股东会参会须知 为了维护全体股东的合法权益，确保现场股东会的正常秩序和议事效率，保 证现场会议的顺利进行，根据《公司法》《上市公司股东会规则》等有关法律法规 和《公司章程》的规定，现就索通发展股份有限公司 2025 年第四次临时股东会参 会须知明确如下： 一、为确认出席会议的股东及股东代表或其他出席者的出席资格，会议工作 人员将对出席会议者的身份进行必要的核对工作，请被核对者给予配合。 二、股东及股东代表应于会议开始前十分钟入场；中途入场者，应经过会议 工作 ...

Market Overview - The non-metal materials sector experienced a decline of 1.58% on October 10, with Quartz Co. leading the drop [1] - The Shanghai Composite Index closed at 3897.03, down 0.94%, while the Shenzhen Component Index closed at 13355.42, down 2.7% [1] Stock Performance - Notable gainers in the non-metal materials sector included: - Dongfang Huishang: closed at 12.50, up 2.12% with a trading volume of 105,100 shares [1] - Qilu Huaxin: closed at 8.24, up 1.85% with a trading volume of 22,700 shares [1] - Lianrui New Materials: closed at 63.40, up 1.28% with a trading volume of 66,900 shares [1] - Significant decliners included: - Quartz Co.: closed at 41.00, down 5.36% with a trading volume of 215,700 shares [2] - Power Diamond: closed at 34.92, down 1.74% with a trading volume of 291,400 shares [2] Capital Flow - The non-metal materials sector saw a net outflow of 215 million yuan from institutional investors, while retail investors contributed a net inflow of 133 million yuan [2][3] - The capital flow for key stocks showed: - Lianrui New Materials: net inflow of 1.7753 million yuan from institutional investors [3] - Quartz Co.: net outflow of 13.17 million yuan from institutional investors [3] - Longgao Co.: net outflow of 4.3353 million yuan from institutional investors [3]

Core Insights - The non-metal materials sector experienced a significant increase of 3.15% on October 9, with LiLiang Diamond leading the gains [1] - The Shanghai Composite Index closed at 3933.97, up 1.32%, while the Shenzhen Component Index closed at 13725.56, up 1.47% [1] Sector Performance - LiLiang Diamond (301071) saw a closing price of 35.54, with a remarkable increase of 12.29% and a trading volume of 210,400 shares, resulting in a transaction value of 725 million [1] - Other notable performers included: - Quartz Co. (603688) with a closing price of 43.32, up 7.02%, and a transaction value of 1.358 billion [1] - Ningxin New Materials (920719) closed at 15.75, up 3.35%, with a transaction value of 100 million [1] - Tianma New Materials (920971) closed at 40.13, up 3.24%, with a transaction value of 154 million [1] Capital Flow - The non-metal materials sector saw a net inflow of 55.19 million from institutional investors, while retail investors contributed a net inflow of 45.80 million [2] - Notably, the sector experienced a net outflow of 101 million from speculative funds [2] Individual Stock Capital Flow - LiLiang Diamond had a net inflow of 71.17 million from institutional investors, while it faced a net outflow of 65.17 million from retail investors [3] - Quartz Co. experienced a net inflow of 45.90 million from institutional investors, but a net outflow of 80.30 million from speculative funds [3] - Longgao Co. (605086) had a net outflow of 2.06 million from institutional investors, while retail investors contributed a net inflow of 1.90 million [3]

Core Viewpoint - The stock of Suotong Development (603612.SH) experienced a decline of 4.92%, reaching a price of 25.29 yuan, following an announcement regarding a planned share reduction by a major shareholder [1] Company Summary - As of the announcement date, the shareholder Ningbo Ningju Asset Management Center (Limited Partnership) - Ningju Yingshanhong No. 3 holds 27.1 million shares, representing 5.44% of the company [1] - The shareholder plans to reduce its holdings by up to 4.98 million shares, which is no more than 1% of the company's total share capital, between October 30, 2025, and January 29, 2026 [1] - The reduction will be executed through centralized bidding, with the selling price determined by market conditions [1]

Group 1 - The core point of the announcement is that Ningbo Ningju Asset Management Center (Limited Partnership) - Ningju Yingshanhong No. 3 Private Securities Investment Fund plans to reduce its holdings in Suotong Development Co., Ltd. due to its own funding needs [2][3][4] - As of the announcement date, Ningju Yingshanhong No. 3 holds 27.1 million shares, accounting for 5.44% of the total share capital of the company [2] - The reduction plan involves selling up to 4.98 million shares, which is no more than 1% of the company's total share capital, through centralized bidding within three months after the announcement [3][4] Group 2 - The company has received a notice from a shareholder holding more than 5% of the shares regarding the share reduction plan, and there are no concerted actions among the shareholders [4] - The reduction plan is compliant with relevant laws and regulations, and the company will urge the reducing party to strictly adhere to legal obligations and timely disclose information during the reduction period [8] - The company has a total external guarantee amount of RMB 1,685,256.27 million, which accounts for 325.92% of the audited net assets for the year 2024 [39]

■ 除上述修订内容外，本次修订整体删除《公司章程》条款中"监事""监事会""监事会主席"的表述并部分 修改为审计委员会成员、审计委员会、审计委员会召集人；因删减、新增部分条款、章节而调整对应的 章节序号、条款序号、援引条款序号，以及标点符号、数字格式调整等不涉及实质内容变化的条款，不 再逐条列示，《公司章程》其他条款不变。本次修订的《公司章程》尚需提交公司股东会审议，《公司 章程》最终变更内容以登记机关核准内容为准。 三、其他治理制度修订情况 特此公告。 索通发展股份有限公司董事会 2025年10月1日 ■ 本次修订的上述第1-3项制度尚需提交公司股东会审议；本次修订的上述第4-7项制度已经公司董事会审 议通过并生效，相关制度全文请详见公司同日在上海证券交易所网站（www.sse.com.cn）披露的相关文 件。 ...