Industry Overview - The automotive antifreeze industry in China is experiencing steady growth, with a market size projected to reach 12.4 billion yuan in 2024, representing a year-on-year increase of 7.54% [1][11] - The rising number of vehicles is driving demand for automotive maintenance products, including antifreeze, which is essential for vehicle upkeep [1][11] - The cooling systems of electric vehicles differ from traditional fuel vehicles, necessitating higher performance and more environmentally friendly antifreeze products, prompting companies to increase R&D investments [1][11] Industry Chain - The upstream of the antifreeze industry includes raw materials and production equipment, with ethylene glycol being the most commonly used antifreeze component, accounting for 30%-60% of antifreeze costs [4][6] - The midstream involves the production and manufacturing of antifreeze, while the downstream application primarily serves the automotive industry [4] Market Dynamics - In the first half of 2025, China's automotive production reached 15.62 million units, a year-on-year increase of 12.45%, and sales reached 15.65 million units, up 11.43%, directly boosting antifreeze demand [7] - The domestic antifreeze industry is gradually achieving import substitution through technological upgrades and capacity expansion, with imports of antifreeze decreasing by 45.58% year-on-year in early 2025 [9] Key Companies - China Petroleum & Chemical Corporation (Sinopec) leads the high-end market with its OAT antifreeze products, which are priced 30%-50% higher than traditional products [13] - China National Petroleum Corporation (CNPC) follows closely, reducing production costs through vertical integration of ethylene glycol [13] - Jiangsu Longpan Technology Co., Ltd. is a leading private company in the antifreeze sector, focusing on high-performance products and expanding its market presence [16] Industry Trends - The industry is moving towards more environmentally friendly antifreeze solutions, with a focus on reducing harmful components and developing biodegradable products [18] - High-performance antifreeze is becoming a priority, especially for electric vehicles, which require specialized cooling solutions [19][20] - The integration of smart monitoring systems for real-time tracking of coolant status is emerging as a significant trend, enhancing maintenance efficiency [21]

江苏龙蟠科技股份有限公司 会议资料 二〇二五年八月 目 录 一、2025 年第四次临时股东会会议须知 二、2025 年第四次临时股东会会议议程 三、2025 年第四次临时股东会会议议案 江苏龙蟠科技股份有限公司 为维护投资者的合法权益，保障股东及股东代表在公司2025年第四次临时股 东会期间依法行使权利，确保股东会的正常秩序和议事效率，根据《公司法》 《江 苏龙蟠科技股份有限公司章程》的相关规定，特制定本须知，请参加股东会的全 体人员遵照执行。 一、请出席现场会议的股东及股东代表于会议召开前 15 分钟到达会场签到， 并请按规定出示股票账户卡、身份证或法人单位证明、授权委托书以及出席人身 份证等，经验证后领取会议资料，方可出席会议。 二、为保证股东会的严肃性和正常秩序，除出席会议的股东及股东代表、公 司董事、监事、高管人员、聘任律师及董事会邀请的人员外，公司有权依法拒绝 其他人员进入会场。 三、请参会人员自觉遵守会场秩序，进入会场后，请关闭手机或调至振动状 态。 四、本次会议表决方式除现场投票外，还提供网络投票，公司将通过上海证 券交易所交易系统向公司股东提供网络形式的投票平台，股东可以在网络投票时 间内通过 ...

通过天眼查大数据分析，江苏龙蟠科技股份有限公司共对外投资了22家企业，参与招投标项目37次，知 识产权方面有商标信息345条，专利信息135条，此外企业还拥有行政许可72个。 来源：金融界 天眼查商业履历信息显示，江苏龙蟠科技股份有限公司，成立于2003年，位于南京市，是一家以从事化 学原料和化学制品制造业为主的企业。企业注册资本66507.8903万人民币，实缴资本56507.89万人民 币。公司法定代表人为石俊峰。 资金流向方面，今日主力资金净流出3764.91万元，占比成交额11.94%。其中，超大单净流出1600.35万 元、占成交额5.08%，大单净流出2164.56万元、占成交额6.87%，中单净流出流出195.29万元、占成交 额0.62%，小单净流入3960.19万元、占成交额12.56%。 龙蟠科技最新一期业绩显示，截至2025一季报，公司营业总收入15.92亿元、同比增长7.99%，归属净利 润2594.88万元，同比增长66.98%，扣非净利润5368.61万元，同比增长53.27%，流动比率1.052、速动比 率0.880、资产负债率77.78%。 金融界消息 截至2025年7月30日 ...

江苏龙蟠科技股份有限公司 2025 年第四次临时股东会 会议资料 二〇二五年八月 1 目 录 2 一、2025 年第四次临时股东会会议须知 二、2025 年第四次临时股东会会议议程 三、2025 年第四次临时股东会会议议案 1、《关于变更公司名称、取消监事会暨修订＜公司章程＞的议案》 2、逐项审议《关于修订及新增公司部分治理制度的议案》 2.01《关于修订<股东会议事规则>的议案》 2.02《关于修订<董事会议事规则>的议案》 2.03《关于修订<独立董事议事规则>的议案》 2.04《关于修订<防范控股股东及关联方资金占用管理办法>的议案》 2.05《关于修订<对外投资管理办法>的议案》 2.06《关于修订<关联交易管理办法>的议案》 2.07《关于修订<股东会网络投票工作制度>的议案》 2.08《关于修订<内幕信息知情人登记管理制度>的议案》 2.09《关于修订<投资者关系管理制度>的议案》 2.10《关于修订<突发事件应急处理办法>的议案》 2.11《关于修订<重大信息内部报告制度>的议案》 2.12《关于修订<信息披露管理办法>的议案》 2.13《关于修订<对外担保管理办法>的议案》 2.14《关于修订 ...

Core Viewpoint - Longpan Technology's stock price closed at 14.39 yuan on July 29, reflecting a decline of 0.62% from the previous trading day, with a notable intraday rebound observed [1] Group 1: Company Overview - Longpan Technology primarily engages in the research, production, and sales of environmentally friendly fine chemicals for automotive use, including lubricants, engine coolants, and urea for vehicles [1] - The company is associated with sectors such as batteries, energy storage, and solid-state batteries [1] Group 2: Market Activity - On July 29, the net outflow of main funds was 31.52 million yuan, accounting for 0.39% of the circulating market value [1] - The trading volume for the day was 184,569 hands, with a total transaction amount of 266 million yuan [1]

Group 1: Core Insights - The core viewpoint of the article highlights the growth in the shipment volumes of lithium battery cathode materials in China for the first half of 2025, with significant increases in different categories of cathodes [2][4][6]. Group 2: Shipment Volumes of Different Cathode Materials - In the first half of 2025, the shipment volume of ternary cathode materials reached 321,000 tons, representing a year-on-year growth of 4.2% [2]. - The top 10 companies in ternary cathode shipments include Ruixiang New Materials, Rongbai Technology, and Bamo Technology [3]. Group 3: Phosphate Iron Lithium Cathodes - The shipment volume of phosphate iron lithium cathodes was 1,606,000 tons in the first half of 2025, showing a remarkable year-on-year increase of 68.5% [4]. - The leading companies in this category are Hunan Youneng, Wanrun New Energy, and Defang Nano [5]. Group 4: Cobalt Lithium Cathodes - The shipment volume of cobalt lithium cathodes was 53,500 tons in the first half of 2025, with a year-on-year growth of 24.2% [6]. - The top 5 companies in cobalt lithium shipments include Xiamen Tungsten New Energy and Bamo Technology [7].

证券代码：603906 证券简称：龙蟠科技 公告编号：2025-100 特别风险提示：尽管公司投资安全性高、流动性好的现金管理产品，总 体风险可控，但金融市场受宏观经济的影响较大，不排除该项投资受到市场波动 的影响，存在一定的系统性风险。公司将根据经济形势以及金融市场的变化适时 适量地介入，降低市场波动引起的投资风险。 序号 受托方 产品类型 产品名称 认购金额 （万元） 赎回日期 赎回本金 （万元） 实际收益 （元） 1 中国银行 结构性存款 中国银行挂钩型结 构性存款 3,250 2025/7/22 3,250 136,503.74 2 中国银行 结构性存款 中国银行挂钩型结 构性存款 3,450 2025/7/24 3,450 52,222.6 3 中国银行 结构性存款 中国银行挂钩型结 构性存款 4,900 2025/7/22 4,900 111,713.29 4 中国银行 结构性存款 中国银行挂钩型结 构性存款 5,100 2025/7/24 5,100 30,180.82 一、前次理财产品到期赎回的情况 现金管理投资种类：银行理财产品。 现金管理投资金额：人民币 16,700 万元。 注：上述理财 ...

Core Viewpoint - The automotive coolant market in China is experiencing significant growth, with the market size projected to increase from 9.628 billion yuan in 2016 to 28.49 billion yuan in 2024, representing a compound annual growth rate (CAGR) of 14.52% [1][14]. Industry Overview - Automotive coolant, also known as antifreeze, is essential for maintaining engine temperature and preventing overheating, corrosion, and scale formation [3][5]. - The composition of automotive coolant includes antifreeze agents, corrosion inhibitors, and other additives to enhance heat absorption and transfer [3]. Market Growth - The automotive coolant market in China is driven by the rapid growth of the automotive sector, with the number of vehicles expected to rise from 217 million in 2017 to 353 million by 2024, a CAGR of 7.2% [11]. - The sales volume of automotive coolant is projected to reach approximately 1.8793 million tons in 2024, reflecting an 8% year-on-year growth [13]. Industry Development History - The development of automotive coolant began in the 1840s, with significant advancements in the 1920s when ethylene glycol-based coolants were introduced [7]. - The 21st century has seen the introduction of propylene glycol coolants, which are now being promoted for their safety and environmental benefits [7]. Industry Chain - The upstream of the automotive coolant industry includes raw materials such as water, antifreeze agents, and corrosion inhibitors, which are processed to create specialized coolant products [9]. - The downstream market serves both traditional fuel vehicles and electric vehicles, with increasing demands for efficient thermal management systems in the latter [9]. Competitive Landscape - The automotive coolant market features numerous participants, including international brands like Shell and ExxonMobil, as well as domestic brands such as Longpan Technology and Kangputon [17][19]. - Despite the late start of China's automotive coolant industry, local companies are improving their technology and product quality, leading to a trend towards higher quality products [19]. Future Trends - The automotive coolant industry is expected to focus on environmental sustainability, with a shift towards bio-based coolants and low-toxicity formulations [25]. - There is a growing demand for high-efficiency coolants due to advancements in automotive power systems, with new additives enhancing thermal conductivity and corrosion resistance [26]. - The integration of smart technologies for monitoring coolant parameters and optimizing formulations is anticipated to drive the industry's digital transformation [27].

Core Viewpoint - Jiangsu Lopal Tech. Co., Ltd. proposes to change its company name, amend its articles of association, and abolish the supervisory board to enhance corporate governance and align with its expanded business structure [4][7][10]. Group 1: Company Name Change - The company plans to change its Chinese name from "Jiangsu Lopal Tech. Co., Ltd." to "Jiangsu Lopal Tech. Group Co., Ltd." and its English name accordingly to reflect its growth and expanded product portfolio [4][5]. - The name change aims to provide a more suitable corporate image and identity, aligning with the company's strategic direction and future development [4][6]. Group 2: Amendments to Articles of Association - The board recommends amending the articles of association to reflect the name change and to abolish the supervisory board, replacing it with an audit committee [7][10]. - The proposed amendments are intended to comply with regulatory requirements for listed companies and to improve corporate governance [7][8]. Group 3: Corporate Governance Enhancements - The company has reviewed and revised its corporate governance system to enhance operational standards and protect shareholder rights [8][10]. - The revised governance system includes rules for shareholder meetings, board meetings, independent directors, and management of related party transactions, among others [8][10]. Group 4: Extraordinary General Meeting (EGM) - An extraordinary general meeting is scheduled for August 8, 2025, to allow shareholders to consider and vote on the proposed resolutions [8][10]. - The voting on the resolutions will be conducted in accordance with the listing rules, and shareholders must ensure their eligibility to vote by registering their shares before the meeting [9][10].

Meeting Overview - The company will hold its fourth extraordinary general meeting of shareholders on August 8, 2025, at 14:00 in Nanjing [1][3] - The meeting will be conducted through a combination of on-site and online voting [3][5] Voting Details - Shareholders can vote via the Shanghai Stock Exchange's online voting system from 9:15 to 15:00 on the day of the meeting [1][5] - Shareholders holding multiple accounts can aggregate their voting rights across all accounts for the same category of shares [3][6] Agenda Items - The meeting will review non-cumulative voting proposals, including a proposal to change the company name and abolish the supervisory board [7] - The proposals have been approved by the company's board of directors in a prior meeting [3] Attendance and Registration - Shareholders registered by the close of trading on August 4, 2025, are eligible to attend the meeting [8] - A proxy can be appointed to attend and vote on behalf of the shareholder [8][9] Additional Information - The company has provided contact details for inquiries regarding the meeting [8]