纽威股份 2025 年第六次临时股东大会会议资料 苏州纽威阀门股份有限公司 2025 年第六次临时股东大会 会议资料 $$\Xi{\bf O}{\bf\pm}{\bf\mp}{\bf\#}{\bf\mp}{\bf\mp}{\bf\#}$$ 纽威股份 2025 年第六次临时股东大会会议资料 目 录 | 2025 年第六次临时股东大会须知 | | 3 | | --- | --- | --- | | 2025 年第六次临时股东大会会议议程 | | 5 | | 关于取消监事会、修订《公司章程》及其附件的议案 | | 7 | | 关于修订、废止、制定相关制度的议案 | | 8 | | 关于选举董事的议案 | | 10 | | 关于选举独立董事的议案 | | 13 | 2 六、每位股东（或股东代理人）发言原则上不超过两次，且每次发言原则上 不超过五分钟。 纽威股份 2025 年第六次临时股东大会会议资料 苏州纽威阀门股份有限公司 2025 年第六次临时股东大会须知 为维护苏州纽威阀门股份有限公司（以下简称"公司"）全体股东的合法权益， 确保本次股东大会的正常秩序和议事效率，保证大会顺利进行,根据中国证券监 督管理委员会发 ...

Group 1: Equipment Export - The engineering machinery sector is expected to see a full domestic recovery and moderate export recovery in 2025, with a projected revenue growth of 12% year-on-year in the first three quarters of 2025 [52] - Key recommended companies for engineering machinery include SANY Heavy Industry, XCMG, Zoomlion, LiuGong, and Hengli Hydraulic, which are expected to benefit from both domestic and international demand [3][52] - The oil service equipment sector is poised for significant growth due to historical opportunities in the Middle East and the Belt and Road Initiative, with recommended companies including Jereh and Neway [3] Group 2: Domestic Demand Improvement - The photovoltaic equipment sector is entering a platform integration phase, with significant advancements in perovskite and heterojunction technologies, leading to increased equipment value [3] - The lithium battery equipment sector is expected to benefit from ongoing capacity expansions and solid-state battery technology, with recommended companies including Lead Intelligent and Hanke Technology [4] - The semiconductor equipment sector is experiencing a recovery driven by domestic substitution and AI-related demand, with key recommendations including Northern Huachuang and Zhongwei [4] Group 3: High-Growth Sectors - The PCB equipment sector is entering a new expansion cycle driven by AI, with high demand for advanced HDI and SLP boards, with recommended companies including Dazhu CNC and Ding Tai High-Tech [5] - The liquid cooling equipment market is growing rapidly as it becomes a standard for AI server cooling, with key recommendations including Hongsheng and a focus on Invec [5] - The gas turbine and diesel generator sectors are expected to see significant growth due to increased electricity demand driven by AI, with recommended companies including Jereh and Yingliu [5] Group 4: New Technologies and Directions - The mass production of humanoid robots is anticipated, with domestic component manufacturers expected to benefit from cost reductions, with recommended companies including Hengli Hydraulic and New Coordinates [5] - The integration of new technologies in the photovoltaic sector is leading to industry transformation, with a focus on innovative solutions [5] Group 5: Performance Analysis - The semiconductor equipment and PCB equipment sectors are leading in revenue growth, with semiconductor equipment benefiting from advanced process expansions and PCB equipment driven by AI server demand [33] - The profit growth in the PCB equipment and general automation sectors is notable, with improvements in product structure and scale effects [33] - The overall machinery sector is experiencing a mild upward trend, with significant performance disparities among sub-sectors [11][20]

Summary of China Nuclear Power Tech Virtual Tour Industry Overview - **Industry**: Nuclear Power in China - **Key Companies Invited**: CGN Power, CNNP, Dongfang Electric, Harbin Electric, Neway Valve, Jiangsu Etern, FangDa Carbon, Lianchuang Optoelectronic [1] Core Insights 1. **Positive Installation Trajectory for Nuclear**: - The installation of nuclear power in China is expected to double from 2024, increasing from 4GW to an estimated 8-10GW annually over the next decade [3][10] - The nuclear generation mix is projected to reach 10% by 2035, up from 4% in 2024, driven by favorable policy support [10] 2. **Nuclear Technology Pipeline**: - A clear pipeline for nuclear technology exists over the next 30 years, with Gen. III Hualong One identified as a key enabler for China's nuclear targets by 2035 [4][11] - Gen. III SMR Linglong One and Gen. IV reactors are expected to supplement efforts to meet decarbonization needs and reduce reliance on uranium [4][11] 3. **International Opportunities**: - China is well-positioned to explore overseas opportunities in emerging markets (EM) and developed markets (DM) due to capacity availability and cost competitiveness [5][14] - The Hualong One reactor is targeted at EM countries, while the Linglong One reactor is aimed at DM countries with stable power needs [14] 4. **Cost Competitiveness**: - The upfront investment for Hualong One is estimated at US$2,200-2,600/kW, approximately 60% less than international competitors [14] - China's nuclear sector has achieved a high localization rate for core equipment, reducing supply chain disruption risks [14] 5. **Earnings Elasticity**: - Upstream supply chain players are expected to experience higher earnings elasticity compared to downstream operators, as nuclear installation volumes may be offset by lower on-grid tariffs [15] Additional Insights - **Cautious Outlook for Solar**: - The outlook for solar energy is weaker, with expectations of price cuts and lower capital expenditures due to demand weakness [2][9] - Companies like CNNP are shifting investment preferences towards offshore wind and Eastern solar projects due to changing market conditions [9] - **Investment Thresholds**: - CNNP is reassessing its renewable project pipeline based on regional implementation details, with a minimum return threshold of 6%-7% equity IRR [9] - **Future of Nuclear Fusion**: - Nuclear fusion is considered a strategic national priority for R&D, with potential breakthroughs needed for commercialization [14] This summary encapsulates the key points from the China Nuclear Power Tech Virtual Tour, highlighting the positive outlook for nuclear energy in China, the strategic positioning for international opportunities, and the contrasting challenges faced by the solar energy sector.

Group 1 - The company is undergoing a board of directors election, transitioning from the fifth to the sixth board, which will consist of 9 members: 6 non-independent directors and 3 independent directors [1][2] - The election will be conducted at the sixth extraordinary general meeting of shareholders scheduled for December 24, 2025, using a cumulative voting system for both non-independent and independent directors [2][15] - The qualifications of the nominated directors meet the legal and regulatory requirements, and none are disqualified from serving as directors [3][10] Group 2 - The company will no longer have a supervisory board, with its functions being transferred to the audit committee of the board of directors, as approved in the board meeting on December 8, 2025 [29][30] - The company's articles of association will be revised accordingly, and the changes will be submitted for shareholder approval [30][31] - Additional governance policies will be revised and established to enhance the company's operational standards and governance structure [32]

纽威股份内部审计管理制度 苏州纽威阀门股份有限公司 内部审计管理制度 （2025 年修订） 第一章 总则 第一条 为加强苏州纽威阀门股份有限公司（以下简称"公司"）审计监督，规 避经营风险，提高运营效率，维护公司和全体股东的合法权益，根据《中华人民共 和国审计法》《审计署关于内部审计工作的规定》《上市公司治理准则》《上会证 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》及《苏州纽威阀门股份有限公司章程》（以下简称"《公司章程》"）等有 关规定，结合公司实际情况，特制定本制度。 第二条 内部审计是指公司内部审计部门或人员对公司、控股子公司以及具有重 大影响的参股公司的内部控制和风险管理的有效性，财务信息的真实性和完 整性以及 经营活动的效率和效果等进行的独立、客观的监督和评价活动。 第三条 本制度所称内部控制，是指公司董事会、高级管理人员及其他有关人员 为实现下列目标而提供合理保证的过程： (一)遵守国家法律、法规、规章及其他相关规定； (二)提高公司经营的效率和效果； 纽威股份内部审计管理制度 (三)保障公司资产的安全； (四)确保公司公开的信息真实、准确、完整和公平。 ...

Group 1 - The core point of the article is that Nuwai Co., Ltd. (SH 603699) held its 35th meeting of the fifth board of directors on December 8, 2025, to discuss the proposal for the board's re-election [1] - For the fiscal year 2024, Nuwai's revenue composition is reported as 99.29% from industrial valves and 0.71% from other businesses [1] - As of the report date, Nuwai's market capitalization stands at 37.2 billion yuan [1]

纽威股份董事会提名委员会工作细则 苏州纽威阀门股份有限公司 董事会提名委员会工作细则 （2025 年第一次修订） 第一章 总则 第一条 苏州纽威阀门股份有限公司（以下简称"公司"或"本公司"） 为规范董事及高级管理人员的产生，优化董事会的组成，完善公司治理结构，特 设立董事会提名委员会（以下简称"提名委员会"），作为负责选择公司董事、 总经理以及其他高级管理人员的专门机构。 第二条 为确保提名委员会规范、高效地开展工作，公司董事会根据《中 华人民共和国公司法》（以下简称"《公司法》"）、《上市公司治理准则》、 《上市公司独立董事管理办法》、《上海证券交易所上市公司自律监管指引第 1 号—规范运作》、《苏州纽威阀门股份有限公司章程》（以下简称"《公司章程》"） 等有关规定，制定本细则。 第二章 人员构成 第三条 提名委员会由 3 名或以上董事组成，其中独立董事占二分之一以 上。委员由董事长或二分之一以上独立董事或全体董事的三分之一提名，并由董 事会会议选举产生。 第四条 提名委员会设召集人一名，由公司董事会指定一名独立董事委员 担任。提名委员会召集人负责召集和主持提名委员会会议，当委员会召集人不能 或无法履行职 ...

纽威股份独立董事专门会议工作制度 第二条 独立董事是指不在公司担任除董事外的其他职务，并与公司及公司 主要股东、实际控制人不存在直接或者间接利害关系，或者其他可能影响其进行 独立客观判断关系的董事。 第三条 独立董事对公司及全体股东负有忠实与勤勉义务，应当按照法律、行 政法规、中国证监规定、证券交易所业务规则和《公司章程》的规定，认真履行职 责，在董事会中发挥参与决策、监督制衡、专业咨询作用，维护公司整体利益，保 护中小股东合法权益。 第四条 公司应当定期或者不定期召开全部由独立董事参加的会议（以下简称 "独立董事专门会议"），每年至少召开一次独立董事专门会议。 第五条 公司原则上应当于独立董事专门会议召开前三日通过邮件、邮寄、电 话等方式通知全体独立董事并提供相关资料和信息。如遇紧急情况，需要尽快召开 独立董事专门会议的，可以随时通过电话或者其他口头方式发出会议通知，经全体 独立董事一致同意，可免除前述通知期限要求，但召集人应当在会议上作出说明。 第六条 独立董事专门会议可以通过现场、视频、电话、传真或者电子邮件表 决等方式召开，经半数以上独立董事提议可召开临时会议。 苏州纽威阀门股份有限公司 独立董事专门 ...

第三条 市值管理的基本原则： （一）合规性原则：公司应当在严格遵守相关法律法规、规范性文件、自律 监管规则以及《公司章程》等内部规章制度的前提下开展市值管理工作。 （二）系统性原则：公司应当按照系统思维、整体推进的原则，协同公司各 业务体系以系统化方式持续开展市值管理工作。 第一条 为推动提升苏州纽威阀门股份有限公司（下称"公司"）的投资价值， 进一步规范公司的市值管理行为，增强投资者回报，维护投资者利益，根据《中 华人民共和国公司法》（下称"《公司法》"）、《中华人民共和国证券法》《国务院 关于加强监管防范风险推动资本市场高质量发展的若干意见》《上市公司信息披 露管理办法》《上市公司监管指引第 10 号——市值管理》等法律法规、规范性文 件和《苏州纽威阀门股份有限公司章程》（下称"《公司章程》"）等规定，制定 本制度。 （三）科学性原则：公司的市值管理有其规律，应当依其规律进行科学管理， 科学研判影响公司投资价值的关键性因素，以提升公司质量为基础开展市值管理 工作。 （四）常态性原则：公司的市值成长是一个持续的和动态的过程，公司将及 时关注资本市场及公司股价动态，常态化主动跟进开展市值管理工作。 （五）诚实 ...

苏州纽威阀门股份有限公司独立董事工作制度 （2025 年第一次修订） 第一章 总则 第一条 为了进一步完善苏州纽威阀门股份有限公司(以下简称"公司")的法 人治理结构，改善董事会结构，强化对董事会及管理层的约束和监督机制，更好 地维护中小股东及利益相关者的利益，促进公司的规范运作，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》）《上市公司治理准则》《上市公司独立董事管理办法》（以下简称"《管理办 法》"）《上海证券交易所上市公司自律监管指引第 1 号——规范运作》《苏州纽威 阀门股份有限公司章程》(以下简称"《公司章程》")及其他有关法律法规和规章 制度的规定，并结合公司的实际情况，制定本制度。 第二条 公司独立董事是指不在公司担任除董事外的其他职务，并与公司及 公司主要股东、实际控制人不存在直接或者间接利害关系，或者其他可能影响其 进行独立客观判断关系的董事。 第三条 独立董事对公司及全体股东负有诚信与勤勉义务。独立董事应当按 照法律、行政法规、中国证券监督管理委员会（以下简称中国证监会）规定、上 海证券交易所业务规则和《公司章程》的规定，认真履行职责，在 ...