Core Viewpoint - The company, Zhichun Technology, announced that it currently does not provide guarantees to any entities outside of its wholly-owned and controlled subsidiaries, and there are no overdue guarantees from the company or its controlled subsidiaries [1] Group 1 - The company has confirmed the absence of guarantees to entities outside its wholly-owned and controlled subsidiaries [1] - There are no overdue guarantees associated with the company or its controlled subsidiaries [1]

Group 1 - The company ZhiChun Technology (SH 603690) announced that as of the date of the announcement, the total amount of external guarantees provided by the company is approximately 3.204 billion RMB, which accounts for 66.33% of the audited net assets attributable to shareholders of the listed company for the fiscal year 2024 [1] - The current market capitalization of ZhiChun Technology is 11.7 billion RMB [2]

证券代码：603690 证券简称：至纯科技 公告编号：2025-111 上海至纯洁净系统科技股份有限公司 关于为控股子公司提供担保的公告 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法律责任。 重要内容提示： 担保对象及基本情况 | | | 被担保人名称 | 江苏至纯系统集成有限公司 （以下简称"江苏系统集成"） | | | | --- | --- | --- | --- | --- | --- | | 担 | 保 对 | 本次担保金额 | 1,000 | 万元 | | | 象 | | 实际为其提供的担保余额 | 20,200.00 万元 | | | | | | 是否在前期预计额度内 | 是 | □否 | □不适用：_________ | | | | 本次担保是否有反担保 | 是 | 否 | □不适用：_________ | 累计担保情况 | 对外担保逾期的累计金额（万元） | 0 | | --- | --- | | 截至本公告日上市公司及其控股 | 320,436.80 | | 子公司对外担保总额（万元） | | | 对外担保 ...

Core Viewpoint - The stock of Zhichun Technology has shown volatility with a year-to-date increase of 22.98%, but has recently experienced a decline in the last five trading days by 6.18% [1] Group 1: Company Overview - Zhichun Technology, established on November 13, 2000, and listed on January 13, 2017, specializes in the research, production, and sales of semiconductor process equipment and related services [2] - The company's revenue composition includes system integration (72.70%), equipment business (18.70%), electronic materials (8.29%), and other services (0.30%) [2] - As of September 30, 2025, the number of shareholders is 77,200, a decrease of 3.65% from the previous period, with an average of 4,961 circulating shares per person, an increase of 3.79% [2] Group 2: Financial Performance - For the period from January to September 2025, Zhichun Technology reported a revenue of 2.367 billion yuan, a year-on-year decrease of 10.33%, and a net profit attributable to shareholders of 84.697 million yuan, down 56.08% year-on-year [2] - The company has distributed a total of 248 million yuan in dividends since its A-share listing, with 136 million yuan distributed over the past three years [3] Group 3: Market Activity - On November 6, 2023, Zhichun Technology's stock price rose by 2.05% to 30.82 yuan per share, with a trading volume of 325 million yuan and a turnover rate of 2.79% [1] - The stock has appeared on the daily trading leaderboard seven times this year, with the most recent appearance on October 15, 2023, where it recorded a net buy of -93.416 million yuan [1]

Market Overview - The large fund concept sector experienced a decline of 0.73% on November 5, with Shengke Communication leading the drop [1] - The Shanghai Composite Index closed at 3969.25, up 0.23%, while the Shenzhen Component Index closed at 13223.56, up 0.37% [1] Stock Performance - Notable gainers in the large fund concept sector included: - Xingfa Group (600141) with a closing price of 28.89, up 5.02% and a trading volume of 325,000 shares, totaling 920 million yuan [1] - Baiwei Storage (688525) closed at 124.90, up 2.44% with a trading volume of 212,800 shares, totaling 2.558 billion yuan [1] - Tuojing Technology (688072) closed at 310.20, up 1.77% with a trading volume of 72,900 shares, totaling 2.219 billion yuan [1] - Major decliners included: - Shengke Communication (688702) closed at 110.25, down 3.73% with a trading volume of 43,500 shares, totaling 482 million yuan [2] - Guoxin Technology (688262) closed at 30.34, down 3.10% with a trading volume of 131,100 shares [2] - Huahong Company (688347) closed at 120.97, down 2.58% with a trading volume of 213,600 shares, totaling 2.594 billion yuan [2] Capital Flow - The large fund concept sector saw a net outflow of 2.352 billion yuan from institutional investors, while retail investors contributed a net inflow of 2.305 billion yuan [2] - Notable capital flows included: - Tuo Jing Technology (688072) with a net inflow of 156 million yuan from institutional investors [3] - Deep South Circuit (002916) with a net inflow of 116 million yuan from institutional investors [3] - Zhongwei Company (688012) with a net inflow of 83.21 million yuan from institutional investors [3]

Core Viewpoint - The company has announced the termination of the acquisition of an 83.7775% stake in Guizhou Weidun Crystal Phosphorus Electronic Materials Co., Ltd due to a lack of consensus on key transaction terms among parties involved, which reflects the company's cautious decision-making in a complex market environment [1][3] Group 1: Strategic Intent and Market Position - The initial intent of the acquisition was to extend the company's strategic footprint in the electronic materials sector, where it has established itself as a leading provider of integrated solutions for the semiconductor industry [2] - The company has successfully operated the first fully domestically produced 12-inch wafer gas plant, marking a significant breakthrough in providing essential materials for high-end chip production [2] Group 2: Compliance and Decision-Making - Throughout the transaction process, the company adhered to compliance principles and legal requirements, but ultimately decided to terminate the acquisition after careful evaluation of the changing market conditions and the prolonged duration of the planning phase [3] Group 3: Ongoing Strategic Focus - Despite the termination of the acquisition, the company's strategic focus on the semiconductor equipment and electronic materials sectors remains unchanged, with ongoing positive feedback from key clients [4] - The company continues to enhance its "process-equipment-materials" integrated business model, which has gained broad recognition in the market [4] Group 4: Future Plans and Development - The company will not plan any major asset restructuring in the next month and will ensure strict compliance with insider information management obligations [5] - Future efforts will focus on leveraging favorable policies for semiconductor localization and exploring opportunities for industry chain integration that align with core business synergies [5]

Core Viewpoint - The company, Zhichun Technology, reported significant improvements in its financial performance for the third quarter of 2025, highlighting a strong recovery in cash flow and continued investment in research and development [1] Financial Performance - For the first three quarters of 2025, the company achieved operating revenue of 2.367 billion yuan and a net profit attributable to shareholders of 84.697 million yuan [1] - In the third quarter alone, the net profit was 45.378 million yuan, representing a quarter-on-quarter increase of 56.09% [1] - The net cash flow from operating activities in the third quarter was 60.306 million yuan, a significant improvement from a negative 563 million yuan in the first half of the year, indicating enhanced cash generation capability from core operations [1] Research and Development - The company maintained a stable growth in R&D investment, with expenditures reaching 166 million yuan in the first three quarters [1] - As of mid-year, the company had applied for a total of 865 patents and successfully obtained its first U.S. patent, marking a recognition of its technological capabilities on an international level [1] Product and Market Strategy - The company's core products, including wet process equipment and high-purity process systems, are experiencing increased demand in major domestic wafer fabs [1] - Zhichun Technology is strategically positioned to capitalize on the global semiconductor industry's growth opportunities by implementing a "process-equipment-materials" integrated development strategy, extending its offerings to cover the entire lifecycle of wafer fabs [1]

证券代码：603690 证券简称：至纯科技 公告编号：2025-110 上海至纯洁净系统科技股份有限公司 2025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，大会主持情况等。 本次会议由董事长蒋渊女士主持，会议采用现场、线上通讯和网络投票相结 合的方式。会议的召开及表决符合《公司法》等有关法律、法规、规章和公司章 程的规定。 (五)公司董事、监事和董事会秘书的出席情况 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 一、 会议召开和出席情况 (一)股东会召开的时间：2025 年 10 月 31 日 (二)股东会召开的地点：上海市闵行区紫海路 170 号会议室 (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 | 1,188 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 100,210,240 | | 3、出席会议的股东所持有表决权股份数占公司有表决权 ...

国浩律师（上海）事务所 法律意见书 国浩律师（上海）事务所 关于上海至纯洁净系统科技股份有限公司 2025 年第一次临时股东会之 法律意见书 致：上海至纯洁净系统科技股份有限公司 国浩律师（上海）事务所（以下简称"本所"）接受上海至纯洁净系统科技 股份有限公司（以下简称"公司"）的聘请，指派王卫东律师、赵振兴律师出席 见证了公司 2025 年第一次临时股东会（以下简称"本次股东会"）。 公司于 2025 年 10 月 16 日向股东发出了《关于召开 2025 年第一次临时股东 会的通知》（以下简称《会议通知》）。《会议通知》载明了本次股东会召开的时间、 地点、提交会议审议的事项、有权出席会议股东的股权登记日、会议联系部门和 电话号码，以及网络方式的投票时间等事项。其中，《会议通知》以明显的文字 说明，股权登记日即 2025 年 10 月 27 日收市后在中国证券登记结算有限责任公 司上海分公司登记在册的公司全体股东均有权出席本次股东会，并可以书面委托 代理人出席会议和参加表决，该股东代理人不必是公司的股东。 根据《会议通知》，本次股东会采取现场投票和网络投票相结合的方式召开。 现场会议于 2025 年 10 ...

Core Viewpoint - The acquisition plan by Zhichun Technology (603690.SH) aimed at enhancing its semiconductor industry layout has been officially terminated after 8 months of planning due to a lack of consensus on key transaction terms and changing market conditions [1][2]. Group 1: Acquisition Details - Zhichun Technology announced the termination of the acquisition of Weidun Crystal Phosphorus, a company specializing in high-purity electronic materials for the semiconductor sector, which was intended to strengthen its business portfolio [1][2]. - The acquisition was first disclosed on February 17, 2025, with plans to purchase 83.7775% of Weidun Crystal Phosphorus through a combination of share issuance and cash payment [1][2]. - The strategic significance of the acquisition was highlighted, as it was expected to enhance Zhichun Technology's core competitiveness and create synergies in business and customer resources [1][2]. Group 2: Financial Performance - Following the termination of the acquisition, Zhichun Technology reported a decline in its financial performance, with Q3 2025 revenue at 759 million yuan, a year-on-year decrease of 10.33% [2]. - For the first three quarters of 2025, the company achieved a total revenue of 2.367 billion yuan, down 10.33%, and a net profit attributable to shareholders of 84.697 million yuan, down 56.08% [2]. - The company’s performance in the first half of 2025 showed a revenue increase of 5.25% year-on-year, but net profit decreased by 46.68% due to operational challenges [2]. Group 3: Market Reaction - Following the announcement of the acquisition termination, Zhichun Technology's stock price fell by 4.87%, closing at 31.25 yuan, with a market capitalization of 12 billion yuan [2].