Core Viewpoint - Company plans to invest approximately $40 million in the construction of the Vietnam Intco Qinghua (Phase III) project, which aims to enhance its capabilities in providing comprehensive home wall decoration solutions and deepen its global production layout [2][4]. Investment Decision and Basic Information - The investment proposal was approved during the fourth board meeting on August 26, 2025, and does not require shareholder approval. The investment is not classified as a related party transaction or a major asset restructuring [2]. - The project will be implemented by the wholly-owned subsidiary Intco Industries Vietnam Co., Ltd., located in the North Mountain Industrial Zone of Bian Mountain City, Quang Nam Province, Vietnam [2]. - The total investment is approximately $40 million, funded through self-owned or other self-raised funds [2][6]. Project Specifics - The project will cover an area of approximately 9.36 hectares, with a total building area of 55,000 square meters. Upon completion, it will have an annual production capacity of 60,000 tons of decorative building materials and 77.8 million pieces of high-end finished products [6]. - Intco Industries Vietnam has already completed two phases of the project in the industrial park, and the third phase will integrate with the existing facilities [6]. - As of June 30, 2025, Intco Industries Vietnam reported total assets of approximately 604.53 million RMB and net assets of approximately 135.27 million RMB, with a revenue of approximately 209.80 million RMB in the first half of 2025, reflecting a year-on-year growth of 48.89% [6]. Investment Impact and Risks - This investment aligns with the company's medium to long-term strategic planning and is expected to enhance its overseas production capabilities. However, it is not anticipated to have a significant impact on the company's financial status or operational results in 2025 [4]. - The project is subject to risks associated with overseas investments, including the need for approval from the Vietnamese government and potential financing risks due to reliance on self-raised funds [4]. - The construction period is estimated to be 24 months, and the company will comply with local regulations for necessary approvals [6].

英科再生资源股份有限公司2025 年半年度报告 公司代码：688087 公司简称：英科再生 英科再生资源股份有限公司 英科再生资源股份有限公司2025 年半年度报告 跨山越海,奔赴热爱 策，实质意义上成为考验一家企业是否具备短期应变能力与长期可持续发展能力兼备 的试金石。当此篇半年度报告披露之际，我们愿将分享的主题定为 "跨山越海，奔 赴热爱"。英科进一步快速实现跨山（东）越海（外），提升东南亚产能释放，以更 加从容的姿态、更加创新的思维、更加务实的行动，参与到我们所属行业的全球供应 链、产业链重塑的版图中来。 一、"中国+东南亚制造"进程提速 服务全球超 130 个国家，其中，美国市场占比保持稳定。很重要的一点，得益于我们 早在 2019 年开始布局的越南清化基地投建。越南清化一期占地 6 公顷，自 2024 年后 始终处于满产满销状态；二期占地 8 公顷， 2025 年初完成厂房基建后，管理层便前 瞻性开始筹划车间布局、设备选型等工作。 当 4 月初关税通知下达后，客人的咨询信息如潮水般涌来---有询问价格调整、有 担忧交期、有探讨产地转移的，每天我们销售伙伴们与客户保持着无时差的高频沟通。 为快速响应客 ...

Group 1 - The company reported a net profit attributable to shareholders of RMB 145,822,853.44 for the first half of 2025, with a distributable profit of RMB 872,205,136.09 as of June 30, 2025 [2] - The board of directors proposed a cash dividend of RMB 1.00 per 10 shares (including tax), amounting to a total cash dividend distribution of approximately RMB 19,338,571.70 based on the adjusted share capital [2][3] - The profit distribution plan will not include stock dividends or capital reserve transfers to increase share capital, and the specific date for the distribution will be announced later [3] Group 2 - The company will maintain the per-share distribution ratio even if there are changes in total share capital due to events such as convertible bond conversions or share buybacks [2][3] - The decision-making process for the profit distribution was approved by the board of directors during the 22nd meeting of the fourth board on August 26, 2025, and does not require further approval from the shareholders' meeting [2][3]

英科再生资源股份有限公司 章 程 二零二五年八月 | 第一章 | 总 则 … | | --- | --- | | 第二章 | 公司经营宗旨和范围 . | | 第三章 | 服が | | 第一节 | 股份发行 . | | 第二节 | 股份增减和回购 . | | 第三节 | 股份转让 . | | | 第四章 股东和股东会 | | | 第一节 股东的一般规定 . | | | 第二节 控股股东和实际控制人 . | | | 第三节 股东会的一般规定 | | | 第四节 股东会的召集 | | | 第五节 股东会的提案和通知 | | | 第六节 股东会的召开 | | | 第七节 股东会的表决和决议 . | | | 第五章 董事和董事会 ……………………………………………………………………………………………………………………………22 | | | 第一节 董事的一般规定 | | | 第二节 董 事 会 ……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………… 25 | | | ...

Core Viewpoint - The company, 英科再生 (Inno-Resource), is expanding its operations in Vietnam by investing approximately $40 million in a new project to enhance its competitive advantage in the resource recycling industry and meet diverse market demands [1] Group 1 - The company plans to leverage the successful experiences from its previous projects in Vietnam, specifically the first phase project of producing 2.27 million plastic decorative frames and wires annually [1] - The new project will be implemented in the Banshan Industrial Zone of Banshan Township, Quang Ninh Province, Vietnam [1] - Funding for the project will come from the company's own resources or other self-raised funds [1]

Group 1 - The State Council emphasizes increasing financial and fiscal support for the artificial intelligence (AI) sector, aiming for over 70% penetration of new intelligent terminals and agents by 2027 [2][3] - By 2030, AI is expected to significantly contribute to high-quality economic development, with over 90% penetration of new intelligent applications [2] - The government plans to enhance the legal and regulatory framework for AI, including risk management and investment exit mechanisms [2][4] Group 2 - The National Development and Reform Commission (NDRC) will coordinate efforts to implement the AI action plan, ensuring local adaptation and avoiding superficial compliance [4] - The NDRC aims to foster a complete AI application service chain and promote the development of intelligent native technologies and services [4] - The NDRC will also support open-source ecosystem development to enhance international influence [4] Group 3 - The National Energy Administration acknowledges that the rapid growth of electric vehicle and AI sectors is driving increased electricity demand, which is reshaping energy consumption patterns [5][6] - Data indicates a 34.3% year-on-year increase in electricity consumption for new energy vehicle manufacturing in 2024, and a 20.5% increase for internet and related services [5][6] Group 4 - The new generation of the Chinese operating system, Galaxy Kirin V11, has been officially released, featuring significant improvements in architecture, security, and ecosystem compatibility [6] - Galaxy Kirin has achieved over 16 million deployments and is compatible with major domestic CPUs and GPUs, supporting various national projects [6] Group 5 - ByteDance has raised its option price to $200.41 per share, marking a significant increase from $189.9 earlier this year, reflecting a fivefold increase since 2019 [6] Group 6 - Aliyun's Baolian has announced a price reduction for certain model context caching, lowering the cost from 40% to 20% of the input token price when cache hits occur [7] Group 7 - Union Medical has received a medical device registration certificate for China's first photon counting spectral CT, marking a significant advancement in medical technology [8] - Nanjing New Pharmaceutical plans to acquire assets from Future Medicine for up to 480 million yuan, which is expected to constitute a major asset restructuring [9] - Biyimi plans to acquire 100% of Shanghai Xingan Semiconductor for 295 million yuan to enhance its core business and technology capabilities [10]

公司代码：688087 公司简称：英科再生 英科再生资源股份有限公司 2025 年半年度报告 1 / 207 英科再生资源股份有限公司2025 年半年度报告 英科再生资源股份有限公司2025 年半年度报告 跨山越海,奔赴热爱 2025 年上半年，对诸多外贸型企业而言，4 月初突如其来、不确定性的关税政 策，实质意义上成为考验一家企业是否具备短期应变能力与长期可持续发展能力兼备 的试金石。当此篇半年度报告披露之际，我们愿将分享的主题定为 "跨山越海，奔 赴热爱"。英科进一步快速实现跨山（东）越海（外），提升东南亚产能释放，以更 加从容的姿态、更加创新的思维、更加务实的行动，参与到我们所属行业的全球供应 链、产业链重塑的版图中来。 一、"中国+东南亚制造"进程提速 2025年上半年，公司外销收入占比已从2024年度的83.27%进一步提升至88.80%， 服务全球超 130 个国家，其中，美国市场占比保持稳定。很重要的一点，得益于我们 早在 2019 年开始布局的越南清化基地投建。越南清化一期占地 6 公顷，自 2024 年后 始终处于满产满销状态；二期占地 8 公顷， 2025 年初完成厂房基建后，管理层便前 ...

证券代码：688087 证券简称：英科再生 公告编号：2025-050 英科再生资源股份有限公司 2025年半年度募集资金存放与实际使用情况专项报告 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、准确性和完整性依法承担法律责任。 根据《上市公司募集资金监管规则》《上海证券交易所科创板上 市公司自律监管指引第 1 号——规范运作》等相关规定，英科再生资 源股份有限公司（以下简称"公司"）2025 年半年度募集资金存放与实 际使用情况专项报告如下： 一、募集资金基本情况 具体情况如下： 单位：人民币万元 项 目 序号 金 额 募集资金净额 A 65,685.84 截至期初 累计发生 额 项目投入 B1 42,506.16 临时补充流动 资金 B2 16,800.00 汇兑损益 B3 -211.28 利息收入净额 B4 1,576.79 本期发生 额 项目投入 C1 5,068.90 临时补充流动 资金 C2 -3,000.00 汇兑损益 C3 -3.22 利息收入净额 C4 43.93 截至期末 累计发生 额 项目投入 D1=B1+C1 47,575.06 ...

证券代码：688087 证券简称：英科再生 公告编号：2025-048 英科再生资源股份有限公司 关于修订《公司章程》、修订及制定公司部分 治理制度的公告 根据中国证券登记结算有限责任公司上海分公司于 2025 年 7 月 21 日出具的《证券变更登记证明》，公司已于当日完成股份登记。 具体详见公司在上海证券交易所网站（www.sse.com.cn）披露的《英 科再生资源股份有限公司关于 2025 年限制性股票激励计划限制性股 票授予结果公告》（公告编号：2025-042）。 根据公司业务发展的需要，公司拟对经营范围进行调整。 二、《公司章程》修订情况 根据《中华人民共和国公司法》《中华人民共和国证券法》《上 市公司章程指引》等法律、法规、规范性文件的规定，结合公司实际 情况，拟对《公司章程》部分条款进行修订，具体修订情况如下： 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、准确性和完整性依法承担法律责任。 | | | | 第六条 公司注册资本为 | 第六条 公司注册资本为 | | --- | --- | | 人民币 18,668.4775 万元。 | ...

证券代码：688087 证券简称：英科再生 公告编号：2025-047 英科再生资源股份有限公司 一、投资概述 （一）本次投资的基本情况 投资项目名称：越南英科清化（三期）项目 投资金额及来源：总投资约 4,000 万美元，来源为自有资金或 其他自筹资金 项目实施主体：英科再生资源股份有限公司（以下简称"公 司"）全资孙公司 Intco Industries Vietnam Co., Ltd.（英科实业 越南有限公司，以下简称"越南英科"） 建设周期：24 个月 风险提示： 3、项目建设需要一定时间周期，如市场情况发生重大变化， 将对本项目的经济效益产生影响。公司将积极关注产业政策、行 业趋势及市场变化，及时调整经营策略。 4、本次投资项目中的建设内容、投资金额、产能数据、效 益分析等数值均为计划数或预计数，并不代表公司对未来业绩的 预测，亦不构成对股东的业绩承诺。上述投资项目仅为初步计划， 项目的建设、达产均未开始，且需一定的时间周期，不会对公司 2025 年财务状况和经营成果构成重大影响，且在项目建设过程中 可能面临宏观环境、市场政策、经营管理、内部控制等风险，存 在一定的不确定性，公司将根据项目具体进展 ...