Core Viewpoint - The company is utilizing idle self-owned funds and raised funds for entrusted wealth management to enhance the efficiency of fund usage and maximize shareholder value [1][2][6]. Group 1: Wealth Management Overview - The entrusted wealth management is conducted by China Everbright Bank Wuxi Branch [1]. - The total amount for entrusted wealth management is RMB 90 million, divided into two products of RMB 50 million and RMB 40 million [1][4]. - The products are structured deposits linked to exchange rates, with a term of 90 days each [1][4]. Group 2: Purpose and Source of Funds - The purpose of the entrusted wealth management is to improve the efficiency of idle funds while ensuring daily operational needs and controlling investment risks [2][4]. - The funds used are temporarily idle self-owned funds and raised funds [2][4]. Group 3: Product Details - The products are named "2025 Year Exchange Rate Linked Corporate Structured Deposit Customized Phase 6 Product 89" [4]. - The expected annualized return rates for the products are 1%, 1.75%, and 1.85%, depending on the exchange rate conditions [4][6]. - The observation date for the exchange rate is set for September 4, 2025 [4]. Group 4: Risk Control Measures - The company emphasizes strict risk control by selecting low-risk, high-liquidity wealth management products with investment periods not exceeding 12 months [4][6]. - A written contract has been signed with the entrusted party, outlining the main terms, rights, and obligations [4][6]. Group 5: Financial Impact - The company maintains a stable financial condition, and the use of idle funds for cash management will not affect daily operations or the normal progress of fundraising projects [6][7]. - The company has a remaining balance of RMB 145 million in idle self-owned funds and RMB 40 million in idle raised funds for wealth management, which is within the authorized limits [7][8].

证券代码：603722 证券简称：阿科力 公告编号：2025-037 一、 本次委托理财概况 无锡阿科力科技股份有限公司 关于使用闲置自有资金及募集资金进行委托理财的 进展公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 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 带法律责任。 重要内容提示： ●委托理财受托方：中国光大银行无锡分行 ●委托理财金额：人民币 5,000.00 万元、人民币 4,000.00 万元 ●委托理财产品名称：2025 年挂钩汇率对公结构性存款定制第六期产品 89、 2025 年挂钩汇率对公结构性存款定制第六期产品 89 ●委托理财期限： 90 天、90 天 ●履行的审议程序：无锡阿科力科技股份有限公司第四届董事会第十四次会 议、第四届监事会第十四次会议、2024 年第二次临时股东大会审议通过了《关 于使用闲置自有资金进行委托理财的议案》，同意公司对最高额度不超过 20,000 万元的闲置自有资金进行委托理财，在确保不影响公司日常运营的情况下在股东 大会审议通过之日起 12 个月内滚动使用，并授权公司总经理在上述额度内组织 实施。具体 ...

Investment Rating - The report maintains a "Buy" rating for the company, indicating an expected stock price increase of over 15% relative to the industry index within the next six months [4][19]. Core Views - The report highlights that the polyether amine industry is experiencing a downturn, with a focus on the domestic production process of COC (Cyclic Olefin Copolymer) [9][10]. - The company is actively expanding its market presence, particularly in international markets, to counteract the competitive pressures and declining prices in the domestic polyether amine market [9]. - The anticipated production and sales of COC materials are expected to create a new revenue growth curve for the company, with significant potential applications in various sectors [10][11]. Financial Summary - The company's revenue for 2023 is projected at 537 million yuan, with a decline of 24.7% year-on-year. Revenue is expected to recover to 1,565 million yuan by 2027, reflecting a growth rate of 39.0% [1][11]. - The net profit attributable to the parent company is forecasted to be 24 million yuan in 2023, with a significant recovery to 230 million yuan by 2027, indicating a year-on-year growth of 95.4% [1][11]. - The report outlines a projected EPS of 0.25 yuan for 2023, improving to 2.40 yuan by 2027 [1][11]. Market and Product Insights - The report notes that the domestic polyether amine market is facing increased competition, leading to price declines and pressure on profit margins. The average selling price of polyether amine decreased by 14.24% year-on-year in 2024 [2][3][9]. - The company has established a new production line for high transparency materials (COC), which is expected to begin mass production in 2025, with a long-term capacity expansion planned for 2026 [10][11]. - The company has initiated several self-research projects aimed at developing specialized COC products for various applications, indicating a strategic focus on innovation and market diversification [10].

Group 1 - The core business of the company is the research, production, and sales of chemical new materials, including polyether amines, optical-grade polymer materials, and high-transparency materials [1] - As of March 31, 2025, the company has 6,253 shareholders, with an average holding value of 352,800 yuan and an average holding quantity of 27,600 shares [1] - The company has been recognized as a national-level specialized and innovative small giant enterprise and holds various research and development qualifications, including a national postdoctoral workstation and a provincial engineering technology research center [1] Group 2 - The latest financial report for Q1 2025 shows the company achieved a revenue of 106 million yuan, representing a year-on-year increase of 2.70%, while the net profit was -4.83 million yuan, a year-on-year decrease of 505.20%, with a gross profit margin of 6.22% [1] - The company's current price-to-earnings (PE) ratio (TTM) is -145.11, and the price-to-book (PB) ratio is 4.02, with a total market capitalization of 3.725 billion yuan [2] - The industry average PE ratio is 71.96, and the industry median PB ratio is 2.61, indicating that the company is significantly above the industry average in terms of valuation metrics [2]

Group 1 - The acrylic acid concept sector rose by 1.88%, ranking 7th among concept sectors, with 8 stocks increasing in value, including Bohai Chemical which hit the daily limit, and Shuangxiang Co., Shenyang Chemical, and Baolijia showing gains of 4.49%, 2.93%, and 2.59% respectively [1] - The main inflow of funds into the acrylic acid concept sector was 158 million yuan, with Bohai Chemical leading the net inflow at 86.73 million yuan, followed by Wanhua Chemical, Satellite Chemical, and Rike Chemical with net inflows of 71.24 million yuan, 17.03 million yuan, and 11.80 million yuan respectively [2] - In terms of net inflow ratios, Bohai Chemical, Shenyang Chemical, and Rike Chemical had the highest ratios at 14.08%, 5.97%, and 5.93% respectively [3] Group 2 - The top stocks in the acrylic acid concept sector included Bohai Chemical with a daily increase of 10.10% and a turnover rate of 13.09%, while Wanhua Chemical increased by 1.14% with a turnover rate of 0.77% [3][4] - Stocks that experienced declines included Tianlong Group, which fell by 0.98%, and Benli Technology and Acoly, both down by 0.35% [1][4] - The overall performance of the acrylic acid concept sector indicates a positive trend, with significant capital inflows and several stocks showing strong gains [2][3]

Core Points - The company is holding its first extraordinary general meeting of shareholders in 2025 on June 13, 2025, at 1:00 PM [2][3] - The meeting will be conducted both in-person and via an online voting system [2] - Shareholders are entitled to participate and exercise their rights, including speaking, consulting, and voting [1][2] Meeting Agenda - The meeting will include the introduction of shareholder representatives, discussion of proposals, voting, and announcement of results [2] - The agenda includes a proposal to abolish the supervisory board and amend the company's articles of association and governance rules [4][5] Company Governance Changes - The proposal aims to transfer the supervisory board's responsibilities to the audit committee of the board of directors [4] - Amendments to the articles of association will include changes to the roles and responsibilities of the board and shareholders [4][5] Voting and Participation - Shareholders can attend the meeting in person or appoint a proxy to vote on their behalf [2] - The record date for shareholders eligible to vote is set for June 6, 2025 [2] Legal Compliance - The meeting will be conducted in accordance with the relevant laws and regulations, ensuring the protection of shareholders' rights [1][2][4]

无锡阿科力科技股份有限公司 2025 年第一次临时股东大会 会议材料 无锡阿科力科技股份有限公司 2025 年第一次临时股东大会 会议材料 二零二五年六月 无锡阿科力科技股份有限公司 2025 年第一次临时股东大会 会议材料 无锡阿科力科技股份有限公司 2025 年第一次临时股东大会会议须知 根据中国证券监督管理委员会《上市公司股东大会规则》和《公司章程》 的有关规定，为确保无锡阿科力科技股份有限公司（以下简称"公司"）股东 大会顺利召开，特制定大会须知如下，望出席股东大会的全体人员遵守执行： 一、股东参加股东大会，应当认真履行其法定义务，不得侵犯其他股东权 益； 二、股东大会期间，全体出席人员应以维护股东的合法利益、以确保大会 正常秩序和议事效率为原则，认真履行法定职责； 三、出席大会的股东依法享有发言权、咨询权、表决权等各项权利，但需 由公司统一安排发言和解答； 四、任何人不得扰乱大会的正常秩序和会议程序；会议期间请关闭手机或 将其调至振动状态。 无锡阿科力科技股份有限公司 2025 年第一次临时股东大会 会议材料 无锡阿科力科技股份有限公司 2025 年第一次临时股东大会 议 程 安 排 一、现场会议召 ...

Group 1: Metal and Mining Sector - Zijin Mining's copper production is expected to increase by 7% to 115,000 tons in 2025, with gold production rising by 16% to 85 tons[15] - The company's projected net profit for 2024 is 32.05 billion CNY, increasing to 42.06 billion CNY in 2025, and 49.36 billion CNY in 2026, with a PE ratio decreasing from 14.39 to 9.34[13] Group 2: Construction Materials Sector - China National Materials Technology's net profit is forecasted to grow from 0.89 billion CNY in 2024 to 2.10 billion CNY in 2026, with a significant increase in high-end product capacity[20] - Keda Manufacturing's overseas revenue is projected to rise from 20 billion CNY in 2017 to 80 billion CNY in 2024, with overseas revenue share increasing from 36% to 64%[30] Group 3: Chemical Sector - Yara International's net profit is expected to reach 0.2 billion CNY in 2024, 3.0 billion CNY in 2025, and 7.2 billion CNY in 2026, driven by the expansion of special glass fiber production[25] - Ba Tian Co. is projected to maintain a strong profit margin due to its diverse fertilizer product offerings, with a production capacity of 200,000 tons of phosphate rock annually[79] Group 4: Aviation Sector - Juneyao Airlines is expected to achieve a net profit of 1.05 billion CNY in 2024, increasing to 2.0 billion CNY in 2025, with a PE ratio of 27.2 in 2024 and dropping to 11.4 in 2026[70] - The airline's operational efficiency is highlighted by its leading cost control, with a significant reduction in financial expenses anticipated in the coming years[70]

Meeting Details - The 19th meeting of the 4th Board of Directors of Wuxi Akol Technology Co., Ltd. was held on May 28, 2025, with all 8 directors present, meeting the legal requirements [1] - The meeting was notified via email and phone on May 21, 2025 [1] Voting Results - All resolutions discussed were unanimously approved by the non-related directors, with 8 votes in favor, 0 against, and 0 abstentions, resulting in a 100% approval rate [1][2][3] - The resolutions include proposals for the election of the board and the cancellation of the supervisory board, which will be submitted for review at the company's first extraordinary general meeting of shareholders in 2025 [2][3]

Group 1 - The company, Wuxi Akol Technology Co., Ltd., will hold its first extraordinary general meeting of shareholders in 2025 on June 13, 2025, at 1:00 PM [1][2] - The meeting will take place at the second-floor conference room of the New Materials Industrial Park, No. 29 Minxiang Road, Donggang Town, Xishan District, Wuxi City [1][2] - Shareholders can vote through the Shanghai Stock Exchange's online voting system, with voting available from 9:15 AM to 3:00 PM on the day of the meeting [1][2][4] Group 2 - The meeting will include both on-site and online voting methods, allowing shareholders to participate in the decision-making process [2][3] - The company will disclose all agenda items five days prior to the meeting on the Shanghai Stock Exchange website [2] - There are no related shareholders that need to abstain from voting on the agenda items [2] Group 3 - Shareholders must register to attend the meeting, with registration open from 9:00 AM to 5:00 PM on June 6, 2025 [6] - The registration location is the same as the meeting venue, and shareholders can authorize representatives to attend and vote on their behalf [6] - The company will provide a power of attorney template for shareholders to delegate their voting rights [8][10]