| | 新华资产管理股份有限公司 陈振华 | | --- | --- | | 时间 | 2025 年 5 月 21 日、5 月 22 日、5 月 23 日、5 月 26 日 | | 地点 | 北京、进门财经会议 | | 上市公司接待人 | 公司总经理兼董事会秘书黄柏集先生 | | 员姓名 | 公司投资者关系经理张剑飞先生 | | | 简要介绍台州农资收购背景及情况 1、 | | | 2024 年，农药行业逐步迈入整合期。根据中农立华原药 | | | 年原药价格在 年下跌 价格指数，2024 2023 41.7%的基础上， | | | 继续下跌 9.1%，行业处于低位运行。此外，全球粮食大宗商 | | | 品价格回调，虽然海外需求回暖，但国内内卷行情外溢，降价 | | | 倾销、海运费波动等因素进一步压缩利润空间。国内市场农产 | | | 品价格持续走低，影响农户种植投入意愿，终端需求低迷，竞 | | | 争异常激烈。 | | | 公司自成立以来，始终将资源和优势聚焦在市场及品牌布 | | | 局，与自身业务的协同性及互补性是公司选择投资标的的一大 | | | 重要因素。公司对台州农资进行控股收购，有助于进一步 ...

Group 1 - The supply and marketing cooperative concept index rose by 1.53%, ranking 7th among concept sectors, with 9 stocks increasing in value [1] - Notable gainers included Hunan Development and Zhongnong Lihua, both hitting the daily limit, while Yaqi International, New Power Finance, and Zhejiang Agricultural Holdings also saw significant increases of 2.66%, 1.40%, and 1.29% respectively [1] - The leading decliners in this sector were Swan Shares, Supply and Marketing Group, and Huangshan Gujie, which fell by 1.66%, 1.17%, and 0.69% respectively [1] Group 2 - The supply and marketing cooperative sector experienced a net inflow of 147 million yuan from main funds, with 7 stocks receiving net inflows [2] - Hunan Development led the net inflow with 181 million yuan, followed by Yaqi International, Zhongnong Lihua, and New Power Finance with net inflows of 54.44 million yuan, 34.54 million yuan, and 11.08 million yuan respectively [2] - The net inflow ratios for Zhongnong Lihua, Yaqi International, and Hunan Development were 19.28%, 13.86%, and 13.60% respectively [3] Group 3 - The trading performance of key stocks in the supply and marketing cooperative sector showed significant turnover rates, with Hunan Development at 19.06%, Zhongnong Lihua at 4.30%, and New Power Finance at 9.80% [3] - The stock performance included Hunan Development rising by 10.01%, while Zhongnong Lihua also increased by 10.00% [3] - Conversely, Supply and Marketing Group saw a decline of 1.17% with a notable negative net fund flow of 109.17 million yuan, indicating a significant outflow [4]

Core Insights - The glyphosate concept sector saw an increase of 1.44%, ranking 8th among concept sectors, with 11 stocks rising, including Zhongnong Lihua which hit the daily limit, and notable gains from Nuobixin, Jiangshan Co., and Runfeng Co. [1] Market Performance - The top-performing concept sectors today included graphite electrodes (+2.57%), recombinant proteins (+2.52%), and gold concepts (+2.06%), while sectors like PEEK materials (-1.79%) and camping economy (-1.56%) experienced declines [2] - The glyphosate concept sector attracted a net inflow of 0.68 billion yuan, with seven stocks receiving net inflows, led by Nuobixin with a net inflow of 36.78 million yuan [2] Fund Flow Analysis - The leading stocks in terms of net inflow ratios included Zhongnong Lihua (19.28%), Yangnong Chemical (6.79%), and Jiangshan Co. (4.80%) [3] - The glyphosate concept fund inflow rankings showed Nuobixin with a daily increase of 6.80% and a turnover rate of 10.75%, followed by Zhongnong Lihua with a 10.00% increase and a turnover rate of 4.30% [3]

Group 1 - Weiling Co., Ltd. announced that its subsidiary Tianjin Changling Mining Partnership acquired 74.3% of Hunan Linwu Jiayu Mining Co., Ltd. for 220 million yuan, focusing on non-ferrous and black metal mining and smelting [1] - Zhongnong Lihua plans to acquire at least 50% of Taizhou Agricultural Materials Co., Ltd., which will become a subsidiary upon completion of the acquisition [1] - Chaohongji is planning to issue H-shares on the Hong Kong Stock Exchange, with details yet to be finalized [1][2] Group 2 - Hong Sifang's subsidiary plans to invest approximately 1.49 billion yuan in a new production base in Suizhou High-tech Industrial Development Zone [3] - Shangwei New Materials announced that its major shareholder Jin Feng Investment Holdings intends to reduce its stake by up to 3%, equating to 12.1 million shares [4] - Yihe Jiaye has changed its name to Beijing Ruimaite Medical Technology Co., Ltd., effective from May 21 [5][6] Group 3 - Huaxi Energy reported that its controlling shareholder has been detained and is under investigation, with no longer holding any positions in the company [7][8] - Aofei Entertainment plans to invest 10 million yuan in a partnership for equity investment in Shenzhen Xuanyuan Technology Co., Ltd. [9] - Hangzhou Electric plans to reduce its shares by up to 1.93%, equating to 13.36 million shares [10] Group 4 - Jiuhua Tourism intends to raise up to 500 million yuan through a private placement for various projects, including hotel renovations and transportation upgrades [11] - Dingxin Communications elected Liu Min as the new chairman following the resignation of Wang Jianhua [12] - Jiewate plans to acquire 40.89% of Nanjing Tianyi Hexin Electronics for 319 million yuan [13] Group 5 - Darui Electronics intends to acquire 80% of Dongguan Weisi Technology Co., Ltd. through cash purchase and capital increase [14] - Tianzhihang's shareholders plan to reduce their stakes by up to 3%, with each shareholder intending to sell 679,000 shares [15][16] - ST Shilong will lift its risk warning and change its stock name to Shilong Industrial, with trading limits adjusted from 5% to 10% [17] Group 6 - Ningde Times announced the listing of its H-shares on the Hong Kong Stock Exchange, raising approximately 35.33 billion HKD [19][20] - Mingyang Electric's shareholders plan to reduce their stakes by up to 3.01%, totaling 941,000 shares [21] - Bohai Leasing intends to transfer 100% of Global Sea Containers Ltd. for 1.75 billion USD, focusing on optimizing its debt structure [21]

Group 1 - Zhaoyi Innovation plans to issue H-shares and list on the Hong Kong Stock Exchange, considering the interests of existing shareholders and market conditions [3] - ST Zhongdi has decided to abandon the commercial opportunity for the Jiageng Ke Yi City land project, with the controlling shareholder planning to develop the project instead [4] - Xichang Electric Power expects a reduction of approximately 5.4 million yuan in net profit for 2025 due to adjustments in the time-of-use electricity pricing mechanism [5] Group 2 - Sanfu New Materials intends to invest 620 million yuan in a project for high-safety dry electrode battery key materials and high-frequency electronic information composite materials [6] - Weifu High-Tech's subsidiary plans to establish a joint venture with Baolong Technology to expand the active suspension motor hydraulic pump business [7] - Yulong Co., Ltd. will have its stock delisted on May 27, 2025, following a decision by the Shanghai Stock Exchange [8] Group 3 - Chen'an Technology's shareholder is transferring 6.27% of the company's shares to Hefei Guotou, aiming to introduce strategic investors [9] - Huamao Technology is planning to acquire a 100% stake in Fuchuang Youyue, with stock trading suspended for up to 10 trading days [11] - Baolong Technology's subsidiary will collaborate with Weifu High-Tech's subsidiary to develop core components for the active suspension system [12] Group 4 - Zhongnong Lihua intends to acquire at least 50% of Taizhou Agricultural Supplies, enhancing its product and service range [13] - Weiling Co., Ltd.'s subsidiary has successfully acquired 74.3% of Jiayu Mining for 220 million yuan, focusing on expanding into the non-ferrous metal resource sector [14][15] - Hengshi Technology's subsidiary has been approved for public transfer of shares on the New Third Board [16] Group 5 - Xiang Teng New Materials plans to acquire an additional 12.5% stake in its subsidiary Shanghai Shangda for 25.3 million yuan [17] - ST Texin has extended its employee stock ownership plan by 12 months, reflecting confidence in the company's long-term development [18] - Baili Electric has issued a risk warning regarding its stock price increase, indicating no significant changes in fundamentals [19] Group 6 - Hu Silicon Industry plans to acquire minority stakes in three semiconductor companies for approximately 7.04 billion yuan [20][21] - Demais plans to change its controlling shareholder, leading to a temporary suspension of stock trading [22] - FAW Fuwei has received a notice from a well-known new energy brand for a project expected to generate 1.06 billion yuan in total sales over its lifecycle [23] Group 7 - Hangyang Co. plans to establish a subsidiary for a large modular cryogenic equipment manufacturing project with an estimated investment of 557 million yuan [24] - Jiewate intends to acquire 40.89% of Tianyi Hexin for 319 million yuan, enhancing its product line in the signal chain category [25] - Dingxin Communications has elected a new chairman following the resignation of the previous chairman [26][27] Group 8 - Aofei Entertainment plans to invest 10 million yuan in a partnership to indirectly invest in AI robotics company Xuan Yuan Technology [28] - Huaxi Energy's controlling shareholder has been detained, but the company states that operations remain normal [29] - Yihe Jiaye will change its stock name to "Ruimaite" starting May 21 [30] Group 9 - Zhongjin Environment will change its name to "Southern Pump Industry" effective May 21 [31] - Hong Sifang's subsidiary plans to invest approximately 1.49 billion yuan in a new chemical materials and fertilizers industrial park [32] - Buchang Pharmaceutical's subsidiary has signed a research agreement for MF59 adjuvant with a pharmaceutical company [33] Group 10 - Hongjing Technology has signed a service contract worth 597 million yuan for a smart computing project [34] - Zhuojin Co. has won a bid for a soil remediation project worth 67.68 million yuan [35] - Xinjiang Jiaojian has been awarded a contract for a highway project valued at 451 million yuan [36] Group 11 - China National Materials Energy's subsidiary has signed a contract for an EPC project in Uzbekistan worth approximately 1.252 billion yuan [37] - Ruixin Microelectronics' shareholder plans to reduce its stake by up to 2% [38] - Shanghai Yizhong's shareholder also plans to reduce its stake by up to 2% [39] Group 12 - Sanyou Medical's controlling shareholder plans to reduce its stake by up to 1.44% [40] - Hangdian Co.'s controlling shareholder plans to reduce its stake by up to 1.93% [41] - Shangwei New Materials' shareholder plans to reduce its stake by up to 3% [42] Group 13 - Mingchen Health plans to repurchase shares worth between 30 million and 50 million yuan [43] - Jiuhua Tourism plans to raise up to 500 million yuan through a private placement for various projects [44] - Yuegui Co. plans to raise up to 900 million yuan for several projects [46]

Group 1 - The core point of the article is that Zhongnong Lihua plans to acquire at least 50% of Taizhou Agricultural Materials Co., Ltd., which will become a subsidiary after the acquisition [1] - Taizhou Agricultural Materials is a comprehensive agricultural service enterprise with a strong competitive advantage, covering a wide range of products and services in the agricultural sector [1] - The financial performance of Taizhou Agricultural Materials shows steady revenue growth, with revenues of 575 million yuan in 2022 and projected revenues of 625 million yuan in 2023 [1] Group 2 - The preliminary valuation for the acquisition is set at a maximum of 10 times the average audited net profit for the last three years, indicating a structured approach to the transaction [2] - Zhongnong Lihua's main business involves pesticide distribution and plant protection technology services, with a focus on providing crop health solutions to farmers [2] - The industry is currently facing severe overcapacity, leading to price declines and unstable procurement costs for companies, which may impact short-term performance [2] Group 3 - If the acquisition is successful, it will enhance Zhongnong Lihua's market understanding and customer engagement, particularly in the Zhejiang region [3]

证券代码：603970 证券简称：中农立华 公告编号：2025-022 中农立华生物科技股份有限公司 关于签署股份收购意向书的公告 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： 交易简要内容：中农立华生物科技股份有限公司（以下简称"公司"）与 陶维康等浙江省台州市农资股份有限公司（以下简称"标的公司"或"台州农资"） 自然人股东签署股份收购意向书，拟以现金方式或其他方式收购陶维康等自然人 股东持有的台州农资不少于 50%股份（以下简称"本次收购"或"本次交易"）。 本次收购完成后，台州农资将成为公司的控股子公司。 本次收购行为不构成关联交易，也不构成《上市公司重大资产重组管理办 法》规定的重大资产重组。 本次交易所涉及的尽职调查、审计、评估等事项完成后，公司后续将根据 交易事项进展情况，按照《公司法》《上海证券交易所股票上市规则》等有关法 律法规、规范性文件及《公司章程》的相关规定，及时履行相应决策审批程序和 信息披露义务。 本次签署的《股份收购意向书》系各方就股份收购事宜达成的初步意向协 议，是各方进一步洽 ...

中农立华（603970）公告，公司与陶维康等浙江省台州市农资股份有限公司7位自然人股东签署股份收 购意向书，拟以现金方式或其他方式收购上述自然人股东持有的台州农资不少于50%股份。本次收购完 成后，台州农资将成为公司的控股子公司。本次收购行为不构成关联交易，也不构成《上市公司重大资 产重组管理办法》规定的重大资产重组。 ...

关于 中农立华生物科技股份有限公司 法律意见书 北京市东城区金宝街 89 号金宝大厦 11 层邮编：100005 电话（Tel）：（86-10）66523388 传真（Fax）：（86-10）66523399 网址（Website）：www.junzejun.com 电子信箱（E-mail） ：jzj@junzejun.com 法律意见书 北京市君泽君律师事务所 关于 中农立华生物科技股份有限公司 法律意见书 致：中农立华生物科技股份有限公司 北京市君泽君律师事务所（以下简称"本所"）受中农立华生物科技股份有限 公司（以下简称"公司"）委托，指派本所律师出席公司 2024 年年度股东大会（以 下简称"本次股东大会"），就本次公司股东大会召集、召开程序、出席本次股东 大会人员的资格以及本次股东大会的表决程序、表决结果进行见证，并出具本法 律意见书。 为出具本法律意见书，本所律师特作出如下声明： 书出具之日前（含当日）已经发生或者存在的事实，履行了法定职责，遵循了勤 勉尽责和诚实信用原则，进行了相应的核查验证，保证本法律意见书所认定的事 实真实、准确、完整，所发表的结论性意见合法、准确，不存在虚假记载、误导 性陈 ...

证券代码：603970 证券简称：中农立华 公告编号：2025-021 中农立华生物科技股份有限公司 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) 股东大会召开的时间：2025 年 5 月 16 日 (二) 股东大会召开的地点：北京市西城区宣武门外大街甲 1 号环球财讯 中心会议室 (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： 份总数的比例（%） (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。 本次会议由公司董事会召集，董事长苏毅先生主持。会议表决为现场表决和 网络表决相结合的方式，符合《公司法》和《公司章程》等法律、法规和其他规 范性文件的有关规定。 (五) 公司董事、监事和董事会秘书的出席情况 二、 议案审议情况 (一) 非累积投票议案 审议结果：通过 表决情况： 置自有资金进行 现金管理的议案 联交易 2024 年度 执行情况及 2025 年度预计额度的 议案 汇套期保值业务 的议案 ...