Core Viewpoint - The equity change is a result of a civil ruling confirming the validity of a mediation agreement between the company's shareholder and its actual controller, involving a share reversal that does not trigger a mandatory takeover [1][2]. Group 1: Equity Change Details - The equity change will result in the company's controlling shareholder changing from Mr. Zhang Jianfang to Dongda Knitting, but the actual controller will remain unchanged [1][2]. - Dongda Knitting will increase its shareholding from 6,600,611 shares (4.10% of total shares) to 30,600,611 shares (18.99% of total shares) [2]. - Mr. Zhang Jianfang's shareholding will decrease from 24,000,000 shares (14.90% of total shares) to 0 shares [2]. Group 2: Parties Involved - Mr. Zhang Jianfang is one of the actual controllers of the company and is a male Chinese national [3]. - Dongda Knitting is a limited liability company wholly owned by Mr. Zhang Jianfang, with a registered capital of 70 million RMB [3]. Group 3: Future Actions - The company will continue to monitor the situation and fulfill its information disclosure obligations as required by relevant laws and regulations [3].

浙江康隆达特种防护科技股份有限公司 详式权益变动报告书 上市公司名称：浙江康隆达特种防护科技股份有限公司 股票上市地点：上海证券交易所 股票简称：康隆达 股票代码：603665 | | 名称 | 住所 | 通讯地址 | | --- | --- | --- | --- | | 信息披露义务人 | 绍兴上虞东大针 织有限公司 | 绍兴市上虞区丰惠镇后 山村后二 | 浙江省绍兴市上虞区杭 州湾上虞经济技术开发 | | | | | 区纬五东路 7 号 | | 一致行动人 | 张间芳 | 浙江省绍兴市上虞区百 | 浙江省绍兴市上虞区百 | | | | 官街道 | 官街道 | | 一致行动人 | 张惠莉 | 浙江省绍兴市上虞区百 | 浙江省绍兴市上虞区百 | | | | 官街道 | 官街道 | | 一致行动人 | 海南裕昊创业投 资合伙企业（有 | 海南省文昌市滨湾路 177 号 | 浙江省绍兴市上虞区杭 州湾上虞经济技术开发 | | | | 航天城产业服务中心众创空 | | | | 限合伙） | 间 A 区三楼 307-ZBZ-0402 | 区纬五东路 7 号 | 股份变动性质：股份增加 签署日期：二〇二五年五月 信息 ...

浙江康隆达特种防护科技股份有限公司 简式权益变动报告书 上市公司名称：浙江康隆达特种防护科技股份有限公司 股票上市地点：上海证券交易所 股票简称：康隆达 二、信息披露义务人签署本报告书已获得必要的授权和批准，其履行亦不违 反信息披露义务人章程或内部规则中的任何条款，或与之相冲突。 三、依据《中华人民共和国证券法》《上市公司收购管理办法》《公开发行 证券的公司信息披露内容与格式准则第 15 号——权益变动报告书》的规定，本 报告书已全面披露了信息披露义务人在浙江康隆达特种防护科技股份有限公司 拥有权益的股份变动情况。 截至本报告书签署之日，除本报告书披露的持股信息外，上述信息披露义务 人没有通过任何其他方式增加或减少在浙江康隆达特种防护科技股份有限公司 拥有权益的股份。 四、本次权益变动是根据本报告书所载明的资料进行的。信息披露义务人没 有委托或者授权任何其他人提供未在本报告书中列载的信息和对本报告书做出 任何解释或者说明。 股票代码：603665 | | 名称 | 住所 | 通讯地址 | | --- | --- | --- | --- | | 信息披露义务人 | 张间芳 | 浙江省绍兴市上虞区百 | 浙江省绍 ...

证券代码：603665 证券简称：康隆达 公告编号：2025-036 浙江康隆达特种防护科技股份有限公司 关于股东权益变动的提示性公告 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。 一、本次权益变动基本情况 浙江康隆达特种防护科技股份有限公司（以下简称"公司"或"康隆达"） 股东绍兴上虞东大针织有限公司（以下简称"东大针织"）与公司实际控制人之 一张间芳先生于 2022 年 1 日 6 日签署了《股份转让协议》，东大针织以协议转让 方式将其持有的公司 24,000,000 股股份转让给张间芳先生，并于 2022 年 3 月 17 日完成了标的股份的过户手续。（公告编号：2022-001、2022-010） 公司近日收到东大针织及张间芳先生的通知，其前期收到绍兴市上虞区人民 法院（以下简称"上虞法院"）出具的（2024）浙 0604 诉前调确 835 号《民事裁 定书》，主要内容为东大针织与张间芳自愿解除双方签订的关于 24,000,000 股股 份的转让协议，张间芳将该 24,000,000 股返还给东大针织，并办理过 ...

Investment Rating - The report maintains a "Buy" rating for the company 康隆达 (603665) with a target price based on the last closing price of 24.25 [1][4]. Core Insights - The company's main business has shown signs of recovery, with Q1 2025 performance exceeding expectations. The revenue for Q1 2025 reached 380 million, representing a 42.2% increase year-on-year, while the net profit turned positive at 114 million [4][5]. - The report highlights the successful ramp-up of production capacity at the Vietnam facility, which is expected to contribute significantly to revenue in 2025. The first phase of the project is projected to achieve full capacity, contributing around 1 billion in output value [5][6]. - The company has faced challenges in 2024, including losses primarily due to lithium salt business issues and goodwill impairment. However, these factors are expected to be resolved, allowing for a more robust performance in 2025 [4][5]. Financial Summary - For 2024, the company is projected to have a revenue of 1.52 billion, with a net loss of 486 million. In contrast, for 2025, revenue is expected to rise to 1.97 billion, with a net profit of 161 million, indicating a significant turnaround [8][12]. - The gross margin for 2024 was 16.8%, while it is expected to improve to 22.73% in 2025. The net profit margin is projected to shift from -31.9% in 2024 to 8.15% in 2025 [8][12]. - The report forecasts a steady growth in net profit for the years 2025 to 2027, with estimates of 161 million, 228 million, and 292 million respectively [8][12].

Meeting Details - The shareholders' meeting was held on May 16, 2025, at the company's office in Shaoxing, Zhejiang Province [1] - The meeting was presided over by the chairman, Mr. Zhang Jiadi, and followed legal and regulatory requirements [1][4] Voting Results - All non-cumulative voting proposals were approved with significant support from shareholders, with votes in favor reaching over 99.5% for multiple resolutions [1][2][3] - Specific voting results included: - Proposal 1: 69,776,346 votes in favor (99.5603%) [2] - Proposal 2: 69,776,246 votes in favor (99.5602%) [2] - Proposal 3: 69,776,346 votes in favor (99.5603%) [2] - Proposal 4: 69,776,246 votes in favor (99.5602%) [2] Legal Compliance - The meeting's procedures, participant qualifications, and voting processes were confirmed to be in compliance with relevant laws and the company's articles of association [4]

证券代码：603665 证券简称：康隆达 公告编号：2025-035 浙江康隆达特种防护科技股份有限公司 2024年年度股东大会决议公告 重要内容提示： 本次会议是否有否决议案：无 一、 会议召开和出席情况 (一)股东大会召开的时间：2025 年 5 月 16 日 (二)股东大会召开的地点：浙江省绍兴市上虞区杭州湾上虞经济技术开发区纬五 东路 7 号公司办公楼会议室 (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 | 43 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 70,084,446 | | 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 | 43.5007 | | 份总数的比例（%） | | 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。 (四)表决方式是否符合《公司法》及《公司章程》的规定，大会主持情况等。 由公司董事长张家地先生主持。本次股东大会的召集和召开程序、出席会议人员 资格及表决程序符合《中华人民共和国 ...

浙江泽厚（绍兴）律师事务所 关 于 浙江康隆达特种防护科技股份有限公司 2024 年年度股东大会的 法律意见书 二 0 二五年五月 浙江泽厚（绍兴）律师事务所 地址：绍兴市上虞区江扬路 888 号中富大厦 A1 座 12 楼 邮编： 312300 电话：0575-82818356 网址：http://www.zehow.com 浙江泽厚（绍兴）律师事务所 关于浙江康隆达特种防护科技股份有限公司 2024 年年度股东大会的法律意见书 致：浙江康隆达特种防护科技股份有限公司： 浙江泽厚（绍兴）律师事务所（以下简称"本所"）接受浙江康隆达特种防 护科技股份有限公司（以下简称"康隆达"或"公司"）的委托，指派本所律师 参加康隆达 2024 年年度股东大会。本所律师根据《中华人民共和国公司法》（以 下简称"《公司法》"）《中华人民共和国证券法》（以下简称"《证券法》"）《上市 公司股东大会规则》（以下简称"《股东大会规则》"）等有关法律、法规、部门规 章、规范性文件以及《浙江康隆达特种防护科技股份有限公司章程》（以下简称 "《公司章程》"）的有关规定，对本次股东大会的召集、召开程序、出席现场会 议人员的资格、召集人资格 ...

Core Viewpoint - The diaphragm is a critical component in power batteries, essential for preventing short circuits and overheating, and the industry is poised for significant growth driven by the global push for carbon neutrality and supportive government policies [1][18]. Industry Overview - The power battery diaphragm is a porous film that separates the positive and negative electrodes in batteries, preventing short circuits and facilitating lithium-ion migration. It is categorized into dry-process and wet-process diaphragms based on production methods [3][4]. - The global lithium battery diaphragm market is expected to see a substantial increase, with China's diaphragm shipment volume projected to grow by 28.60% year-on-year in 2024, reaching 22.75 billion square meters [1][21]. Industry Policies - The Chinese government has implemented various supportive policies to foster the development of the new energy vehicle industry, which in turn boosts the diaphragm sector. Key policies include enhancing battery safety standards and promoting the integration of new energy vehicles with the power grid [5][6]. - Local governments, such as those in Guizhou and Chongqing, have also introduced initiatives to support the diaphragm production and technology advancements [5][7]. Industry Development History - The Chinese diaphragm industry began in the early 2000s, with significant advancements in technology and production capacity occurring after 2010. By 2014, Chinese manufacturers started supplying major automotive companies, marking a shift towards global competitiveness [8][17]. Industry Chain - The diaphragm industry chain includes upstream raw materials like polyethylene and polypropylene, with domestic production increasingly meeting the needs of diaphragm manufacturers. The midstream involves diaphragm production, while the downstream consists of battery manufacturers [10][12]. Market Dynamics - The competition in the diaphragm industry is intensifying, with major players expanding capacity and facing price competition. Key companies include Enjie, Cangzhou Mingzhu, and Xingyuan Materials, with wet-process diaphragms gaining a larger market share [23][25]. Future Trends - The industry is moving towards high-performance materials and technological upgrades, focusing on thinner and higher porosity diaphragms. There is also a trend towards vertical integration and regional industrial clusters to enhance supply chain security [29][30]. - Companies are increasingly looking to expand globally and participate in standard-setting to enhance their competitive edge in international markets [31][32].

Group 1 - The company held its 13th meeting of the 5th Board of Directors on May 13, 2025, where all 5 directors attended, and the meeting was deemed legally valid [2][4] - The Board approved the proposal to use up to RMB 55 million of idle raised funds to temporarily supplement working capital, with a usage period not exceeding 12 months from the date of approval [3][15][18] Group 2 - The Supervisory Board also convened on May 13, 2025, with all 3 supervisors present, and the meeting was legally valid [10][11] - The Supervisory Board approved the same proposal regarding the use of idle raised funds, confirming that the decision followed necessary procedures and complied with relevant regulations [11][19] Group 3 - The company previously used idle raised funds for working capital in May 2024 and July 2024, with all funds returned to the designated account before the due date [17][18] - The company aims to improve the efficiency of fund usage and reduce financial costs while ensuring that the investment projects funded by the raised capital remain unaffected [16][18]