Group 1 - The company received a resignation letter from supervisor Li Liang due to personal reasons, which will lead to the supervisory board having fewer members than the legal minimum [1] - The company plans to abolish the supervisory board, and Li Liang will continue to fulfill his duties until the abolition takes effect [1] - The company expressed gratitude for Li Liang's contributions during his tenure as a supervisor [1] Group 2 - The company approved the temporary use of up to RMB 100 million of idle raised funds to supplement working capital, with a usage period not exceeding 12 months [2] - The company has actually used RMB 100 million of idle raised funds for temporary working capital [3] - As of July 8, 2025, the company has fully repaid the RMB 100 million of idle raised funds to the special account for raised funds [4]

Investment Rating - The report recommends a positive investment rating for companies involved in humanoid robot materials, particularly PEEK and UHMWPE fiber related firms [3][4]. Core Insights - The humanoid robot industry is entering a critical development phase characterized by technological breakthroughs and initial applications, driven by significant market demand and advancements in artificial intelligence [1][10]. - The domestic robot market is expected to reach a scale of 10 trillion yuan by 2045, which will stimulate demand for related materials [1][19]. Summary by Sections 1. Humanoid Robot Market Potential - Humanoid robots are still in the early stages of development, with immense future market potential anticipated [10][19]. - The market for humanoid robots is projected to grow significantly, with various applications expected to emerge as technology advances [19][20]. 2. PEEK Material - PEEK is identified as a crucial material for reducing robot weight and enhancing strength, with its demand expected to grow rapidly due to industry expansion [2][35]. - The production of PEEK involves DFBP as a key raw material, which is essential for its synthesis [35][38]. - Companies such as Xinhang New Materials and Zhongxin Fluorine Materials are actively expanding their production capacities for DFBP and PEEK [43][44]. 3. UHMWPE Fiber - UHMWPE fiber is highlighted as the primary tendon material for dexterous hands in humanoid robots, known for its high strength-to-weight ratio and excellent mechanical properties [2][3]. - Investment opportunities in companies producing UHMWPE fiber are recommended, including Tongyi Zhong and Nanshan Zhishang [3][4]. 4. Electronic Skin - The report emphasizes the importance of material selection and structural design in the development of electronic skin, which is crucial for enhancing the sensory capabilities of humanoid robots [2][4]. - Investment opportunities in companies related to flexible substrates for electronic skin are suggested, such as Xiangyuan New Materials and Fulai New Materials [3][4].

Core Viewpoint - Zhejiang Fulai New Materials Co., Ltd. has successfully returned all idle raised funds used for temporarily supplementing working capital, amounting to 100 million RMB, within the stipulated timeframe [1][2]. Group 1 - The company’s board approved the use of up to 100 million RMB of idle raised funds for temporary working capital supplementation, with a usage period not exceeding 12 months from the board's approval date [1]. - The company returned 50 million RMB of the idle raised funds to the special account ahead of schedule on August 19, 2024 [2]. - As of July 8, 2025, the company has fully repaid the 100 million RMB of idle raised funds used for temporary working capital [2].

| 证券代码：605488 | 证券简称：福莱新材 | 公告编号：临 2025-092 | | --- | --- | --- | | 债券代码：111012 | 债券简称：福新转债 | | 浙江福莱新材料股份有限公司 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。 浙江福莱新材料股份有限公司（以下简称"公司"）于 2024 年 7 月 10 日召 开第三届董事会第三次会议和第三届监事会第三次会议，审议通过了《关于使用 部分闲置募集资金暂时补充流动资金的议案》，同意公司使用不超过人民币 1 亿 元闲置募集资金暂时补充流动资金，在保证募集资金投资项目正常实施的前提下， 使用期限自董事会审议通过之日起不超过 12 个月。保荐人对此事项出具了无异 议的专项核查意见。具体内容详见公司于 2024 年 7 月 11 日披露于上海证券交易 所网站（www.sse.com.cn）及指定信息披露媒体的《福莱新材关于使用部分闲置 募集资金暂时补充流动资金的公告》（公告编号：临 2024-091）。 公司在上述有效期限内实际使用闲置募集资金暂时补 ...

| 证券代码：605488 | 证券简称：福莱新材 | 公告编号：临 2025-091 | | --- | --- | --- | | 债券代码：111012 | 债券简称：福新转债 | | 浙江福莱新材料股份有限公司 关于公司监事辞职的公告 本公司监事会及全体监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。 浙江福莱新材料股份有限公司（以下简称"公司"）于近日收到公司监事李 亮先生的辞职报告。李亮先生因个人原因辞去公司监事职务，辞职后不在公司担 任其他任何职务。 李亮先生在担任公司监事期间勤勉尽责，公司及公司监事会对李亮先生在任 职期间为公司所做出的积极贡献予以衷心感谢！ 特此公告。 浙江福莱新材料股份有限公司 监事会 2025 年 7 月 9 日 根据《公司法》等相关法律法规和《公司章程》的规定，李亮先生的辞职将 导致公司监事会成员低于法定最低人数，鉴于公司拟取消监事会，在公司取消监 事会事项生效之前，李亮先生将继续履行监事职责。 ...

Group 1 - The AI smartphone concept continues to experience a downturn, with companies such as Fulei New Materials, Crystal Optoelectronics, and Hongsoft Technology seeing declines of over 2% [1] - ZTE Corporation, Zhongke Chuangda, and Gelin Precision also followed the downward trend in stock performance [1] - According to the Ministry of Industry and Information Technology, the domestic smartphone shipment volume in May was 23.716 million units, representing a year-on-year decrease of 21.8% [1]

Core Viewpoint - The company plans to increase the guarantee limit for its subsidiary, Yantai Fulai New Materials Technology Co., Ltd., by RMB 20 million for the year 2025, ensuring operational needs are met while maintaining risk control [1][2][5]. Summary by Sections Guarantee Overview - The company’s board approved a new guarantee limit of up to RMB 44 million for subsidiaries to apply for comprehensive credit from banks and financial institutions in 2025 [1][2]. - The company will also provide an additional guarantee limit of up to RMB 300 million for issuing notes to subsidiaries [1]. Internal Decision Process - The board of directors and supervisory board approved the increase in the guarantee limit during meetings held on December 31, 2024, and January 16, 2025, respectively [2]. Basic Information of the Guaranteed Party - Yantai Fulai New Materials Technology Co., Ltd. is a wholly-owned subsidiary of Zhejiang Fulai New Materials Co., Ltd., with a registered capital of RMB 38 million [4]. - As of May 30, 2025, Yantai Fulai reported total assets of RMB 681.92 million and total liabilities of RMB 302.62 million, resulting in a net asset of RMB 379.30 million [4][5]. Necessity and Reasonableness of the Guarantee - The guarantee is deemed necessary to support the operational development of the company and its subsidiaries, with no negative impact on the company’s normal operations or shareholder interests [5][6]. - The company has assessed the repayment capability of the guaranteed party and considers the risk to be controllable [5]. Cumulative Guarantee Situation - As of the announcement date, the company has provided a total guarantee of RMB 1,274.80 million, which accounts for 89.46% of the latest audited net assets [6]. - The cumulative guarantee balance for subsidiaries is RMB 815.99 million, with no overdue guarantees reported [6].

Summary of Key Points Core Viewpoint The announcement details the changes in the registered capital, the cancellation of the supervisory board, and the amendments to the company's articles of association and related systems by Zhejiang Fulai New Materials Co., Ltd. Group 1: Changes in Registered Capital - The company issued 4,290,180 A-share convertible bonds with a total amount of 429.018 million yuan, approved by the China Securities Regulatory Commission [1] - As of May 30, 2025, the total number of shares increased from 201,395,263 to 282,007,606, and the registered capital increased from 201,395,263 yuan to 282,007,606 yuan due to the conversion of bonds into shares [1][2] Group 2: Cancellation of Supervisory Board and Amendments - The company decided to abolish the supervisory board, transferring its powers to the audit committee of the board of directors, in accordance with relevant laws and regulations [2][3] - The company revised its articles of association and related systems to enhance corporate governance and operational norms [2][3] Group 3: Profit Distribution - The company approved a profit distribution plan at the 2024 annual general meeting, distributing a cash dividend of 1.50 yuan per 10 shares and increasing capital by 4 shares for every 10 shares held [1][2] - The total cash dividend distributed amounted to 29,882,735.40 yuan, and 79,687,294 shares were increased as part of the capital reserve [1][2]

Core Viewpoint - The company has established a comprehensive internal control system to prevent the misuse of funds by controlling shareholders and related parties, ensuring compliance with relevant laws and regulations [1][2][3] Group 1: Internal Control and Regulations - The internal control system aims to regulate related transactions and prevent fund occupation by controlling shareholders and related parties [1] - The definition of fund occupation includes both operational and non-operational forms, such as payments for wages, benefits, and other expenses on behalf of controlling shareholders [2] - The regulations are legally binding for the company, shareholders, directors, and senior management [2][3] Group 2: Responsibilities and Oversight - The board of directors and senior management are responsible for safeguarding the company's funds and assets [3] - The chairman of the board is designated as the primary responsible person for preventing fund occupation [3] - The audit committee of the board is tasked with daily supervision of fund occupation behaviors [3][4] Group 3: Transaction Regulations - All related transactions with controlling shareholders must comply with the Shanghai Stock Exchange's regulations [4] - The company is prohibited from providing funds directly or indirectly to controlling shareholders for non-business purposes [4][5] - Any guarantees provided to controlling shareholders must be approved by the shareholders' meeting, with related shareholders abstaining from voting [6] Group 4: Monitoring and Reporting - The finance department is required to conduct regular checks on fund transactions involving controlling shareholders and report findings to the audit department [7] - In cases of fund occupation, the company must prioritize cash repayment and may explore financial innovations under legal conditions [8] - The company must establish a reporting system for monitoring fund occupation and related transactions, with quarterly and monthly checks [10] Group 5: Accountability and Penalties - Directors and senior management who violate regulations regarding fund occupation may face legal action initiated by shareholders [9] - The board will impose penalties on those who assist or condone fund occupation by controlling shareholders [9] - The company will pursue legal responsibility for any losses incurred by investors due to violations of these regulations [9][10]

Core Points - The company has established a compensation management system for its directors and senior management to enhance motivation and accountability [1][2] - The compensation system is designed to be competitive, reflecting the value of each position, and linked to the company's annual performance [1][3] - The compensation structure includes basic salary and performance bonuses, with the latter tied to annual performance results [2][3] Group 1: Principles of Compensation - The compensation system follows principles of competitiveness, alignment with job value, and integration with company performance [1][2] - It emphasizes a balance between short-term and long-term incentives, ensuring that rewards are linked to performance assessments [1][3] - The system also incorporates a principle of accountability, where compensation is tied to both rewards and penalties [1][2] Group 2: Compensation Structure and Management - The compensation and assessment committee is responsible for determining and reviewing the compensation standards for directors and senior management [2][3] - Directors' compensation is based on their specific roles and contributions, while independent directors receive fixed allowances approved by the shareholders [2][3] - The performance bonuses for senior management are based on annual performance evaluations, with payouts contingent on achieving set targets [3][4] Group 3: Payment and Adjustments - The timing and method of salary payments for directors and senior management are governed by the company's wage distribution policies [3][4] - The company reserves the right to reduce or withhold compensation in cases of misconduct or significant violations of regulations [4][5] - The compensation system is adaptable, allowing for adjustments based on market conditions and the company's operational needs [4][6]