| 证券代码：688106 | 证券简称：金宏气体 | 公告编号：2025-038 | | --- | --- | --- | | 转债代码：118038 | 转债简称：金宏转债 | | 金宏气体股份有限公司 关于继续使用部分暂时闲置募集资金 进行现金管理的公告 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、准确性和完整性依法承担法律责任。 金宏气体股份有限公司（以下简称"公司"）2025 年 7 月 23 日召开第六届 董事会第九次会议和第六届监事会第八次会议，审议通过了《关于继续使用部分 暂时闲置募集资金进行现金管理的议案》，同意公司在确保不影响募集资金投资 项目实施及募集资金安全的前提下，合理使用最高不超过人民币 0.80 亿元的暂 时闲置首次公开发行股票募集资金、最高不超过人民币 3.00 亿元的暂时闲置可 转换公司债券募集资金进行现金管理。在使用授权额度及使用授权期限范围内， 资金可以循环滚动使用。 公司董事会授权公司董事长全权在额度范围内行使投资决策权并签署相关 法律文件，包括但不限于选择合格的理财产品发行主体、明确理财金额、选择理 财产品品 ...

| 证券代码：688106 | 证券简称：金宏气体 | 公告编号：2025-037 | | --- | --- | --- | | 转债代码：118038 | 转债简称：金宏转债 | | 金宏气体股份有限公司 第六届监事会第八次会议决议公告 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、准确性和完整性依法承担法律责任。 一、监事会会议召开情况 金宏气体股份有限公司（以下简称"公司"）第六届监事会第八次会议（以 下简称"本次会议"或"会议"）于 2025 年 7 月 23 日在公司会议室以现场与通 讯相结合的方式召开。本次会议的通知及相关资料已于 2025 年 7 月 18 日以电子 邮件、微信方式送达全体监事。本次会议应出席监事 3 名，实际出席监事 3 名。 本次会议的召集、召开方式符合有关法律法规、规范性文件和《金宏气体股份有 限公司章程》的规定，会议决议合法、有效。 二、监事会会议审议情况 经与会监事充分讨论，本次会议以记名投票方式审议通过了如下议案： （一）审议关于继续使用部分暂时闲置募集资金进行现金管理的议案 经审议，监事会认为：公司继续使用部 ...

| 证券代码：688106 | 证券简称：金宏气体 | 公告编号：2025-036 | | --- | --- | --- | | 转债代码：118038 | 转债简称：金宏转债 | | 金宏气体股份有限公司 第六届董事会第九次会议决议公告 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、准确性和完整性依法承担法律责任。 一、董事会会议召开情况 金宏气体股份有限公司（以下简称"公司"）第六届董事会第九次会议（以 下简称"本次会议"或"会议"）于 2025 年 7 月 23 日在公司会议室以现场与通 讯相结合的方式召开。本次会议通知及相关资料已于 2025 年 7 月 18 日以电子邮 件、微信的方式送达全体董事。本次会议由公司董事长金向华先生召集并主持， 会议应出席董事 8 名，实际出席董事 8 名。本次会议的召集、召开方式符合相关 法律法规、规范性文件和《金宏气体股份有限公司章程》的规定，会议决议合法、 有效。 二、董事会会议审议情况 经与会董事审议表决，形成的会议决议如下： （一）审议关于继续使用部分暂时闲置募集资金进行现金管理的议案 议案主要内容：公 ...

Core Viewpoint - The high-purity ammonia industry in China is experiencing significant growth driven by increasing domestic demand in the semiconductor, photovoltaic, and LCD sectors, supported by government policies aimed at import substitution and technological advancement [1][9][11]. Industry Overview - High-purity ammonia, with a purity of over 99.999%, is essential for producing materials like gallium nitride (GaN) and silicon nitride (Si3N4), which are used in LED and solar cell manufacturing [3][5]. - The production methods for high-purity ammonia include multi-stage adsorption and distillation processes, achieving varying purity levels [3]. Market Demand and Supply - China's high-purity ammonia production is projected to grow from 36,000 tons in 2018 to 62,000 tons by 2024, while demand is expected to reach 61,000 tons in 2024, reflecting a year-on-year increase of 10.9% [1][9]. - The market size for high-purity ammonia is anticipated to reach 470 million yuan in 2024, marking a 6.8% increase from the previous year [11]. Competitive Landscape - The high-purity ammonia market is characterized by high concentration among a few large companies, which possess advantages in production scale, technology, and brand influence [13]. - Key players in the industry include Zhejiang Yindesai Semiconductor Materials Co., Hubei Heyuan Gas Co., and Jinhong Gas Co., among others [13][15]. Government Policies - The Chinese government has implemented various policies to support the development of the high-purity ammonia sector, including the "14th Five-Year Plan for the Development of the Raw Materials Industry," which emphasizes the advancement of high-purity chemicals and industrial gases [5][7]. Future Trends - The semiconductor industry is expected to drive the demand for high-purity ammonia due to the increasing need for high-performance chips in emerging technologies like AI and new energy vehicles [19]. - There is significant potential for domestic substitution in the high-purity ammonia market, as local companies enhance their technological capabilities [20]. - The industry is also moving towards greener production methods in response to carbon neutrality goals, focusing on reducing carbon emissions and energy consumption [21].

Core Points - The company announced the interest payment schedule for its convertible bonds, with the payment date set for July 17, 2025 [1][4] - The total amount of convertible bonds issued is 101,600 million yuan, with a maturity period of six years from July 17, 2023, to July 16, 2029 [2][4] - The coupon rates for the bonds increase progressively from 0.30% in the first year to 2.00% in the sixth year [2][4] Convertible Bond Issuance Overview - The company issued 10,160,000 convertible bonds at a face value of 100 yuan each, approved by the China Securities Regulatory Commission [2][4] - The bonds are listed on the Shanghai Stock Exchange under the name "金宏转债" and code "118038" since August 10, 2023 [2][4] Conversion and Pricing - The initial conversion price for the bonds was set at 27.48 yuan per share, adjusted to 27.46 yuan after the issuance of new shares [2][3] - The conversion price was further adjusted to 26.97 yuan due to the company's annual equity distribution and subsequently to 19.07 yuan following a price correction clause activation [3][4] Interest Payment Details - The interest payment for the second year will cover the period from July 17, 2024, to July 16, 2025, with a coupon rate of 0.50% [4][5] - The interest amount per bond will be 0.50 yuan (before tax), resulting in a net payment of 0.40 yuan after tax deductions [7][4] Payment Schedule - The bondholders will be registered as of July 16, 2025, with interest payments made within five trading days after the payment date [5][6] - The company has appointed China Securities Depository and Clearing Corporation Limited Shanghai Branch to handle the interest payments [6][8]

| 证券代码：688106 | 证券简称：金宏气体 | 公告编号：2025-035 | | --- | --- | --- | | 转债代码：118038 | 转债简称：金宏转债 | | 金宏气体股份有限公司 关于"金宏转债"2025 年付息的公告 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、准确性和完整性依法承担法律责任。 重要内容提示： 金宏气体股份有限公司（以下简称"公司"）于 2023 年 7 月 17 日发行的可 转换公司债券将于 2025 年 7 月 17 日开始支付自 2024 年 7 月 17 日至 2025 年 7 月 16 日期间的利息。根据《金宏气体股份有限公司向不特定对象发行可转换公 司债券募集说明书》（以下简称"《募集说明书》"）有关条款的规定，现将有 关事项公告如下： 一、可转债发行上市概况 （一）可转债发行概况 根据中国证券监督管理委员会《关于同意金宏气体股份有限公司向不特定对 象发行可转换公司债券注册的批复》（证监许可〔2023〕1319 号），公司于 2023 年 7 月 17 日向不特定对象发行了可转换公司债券 10 ...

Core Points - The company has issued convertible bonds named "Jinhong Convertible Bonds" which can be converted into shares starting from January 21, 2024 [1][3] - As of June 30, 2025, a total of RMB 112,000 has been converted into 5,535 shares, representing 0.0011% of the total shares before conversion [1][6] - The remaining amount of unconverted convertible bonds is RMB 1,015,888,000, accounting for 99.9890% of the total issuance [1][6] Convertible Bond Issuance Overview - The company was approved to issue 10,160,000 convertible bonds at a face value of RMB 100 each, raising a total of RMB 1,016,000,000 [2] - After deducting issuance costs of RMB 11,840,377.36, the net proceeds amount to RMB 1,004,159,622.64 [2] - The bonds have a term of six years, from July 17, 2023, to July 16, 2029 [2] Conversion Price Adjustments - The initial conversion price was set at RMB 27.48 per share, which was adjusted to RMB 27.46 on April 30, 2024, and further adjusted to RMB 27.12 on May 23, 2024, due to annual equity distribution [3][4] - A significant downward adjustment occurred on October 16, 2024, reducing the conversion price to RMB 19.07 per share [5] - Following the 2024 annual equity distribution, the conversion price was adjusted to RMB 18.97 on May 16, 2025 [5] Share Capital Changes - As of June 30, 2025, the total number of shares increased from 481,977,391 to 481,977,496 due to the conversion of 105 shares [6] - The equity structure of the company remains unchanged, with no significant impact on shareholders' rights [6] Additional Information - For detailed information regarding the convertible bonds, investors are directed to the company's prospectus published on July 13, 2023 [7]

| 证券代码：688106 | 证券简称：金宏气体 | 公告编号：2025-034 | | --- | --- | --- | | 转债代码：118038 | 转债简称：金宏转债 | | 重要内容提示： 累计转股情况：金宏气体股份有限公司（以下简称"公司"）向不特定 对象发行可转换公司债券"金宏转债"自 2024 年 1 月 21 日（非交易日顺延至下 一交易日，即 2024 年 1 月 22 日）起可转换为公司股份。截至 2025 年 6 月 30 日， "金宏转债"累计有人民币 112,000.00 元已转换为公司股票，转股数量为 5,535 股，占"金宏转债"转股前公司已发行股份总额 486,943,142 股的 0.0011%。 未转股可转债情况：截至 2025 年 6 月 30 日，"金宏转债"尚未转股的 可转债金额为 1,015,888,000.00 元，占"金宏转债"发行总量的 99.9890%。 本季度转股情况：自 2025 年 3 月 31 日起至 2025 年 6 月 30 日，"金宏 转债"共有人民币 2,000.00 元已转换为公司股票，转股数量为 105 股，占"金宏 转债"转股前公 ...

Core Viewpoint - The Chinese electronic bulk gas industry is undergoing a critical transformation from technology catch-up to localized breakthroughs, with a continuously expanding market size and accelerated domestic substitution process. The market size of China's electronic bulk gas is expected to reach approximately 11.2 billion yuan in 2024, representing a year-on-year growth of 8.74% [1][16]. Industry Overview - The term "electronic gas" broadly refers to gases used in electronic industrial production, divided into electronic bulk gases and electronic specialty gases, which are crucial raw materials in semiconductor manufacturing [2]. - Electronic bulk gases include nitrogen, helium, oxygen, hydrogen, and carbon dioxide, with significant usage in semiconductor production processes [4][6]. Industry Development History - The development of China's electronic bulk gas industry has gone through four stages: 1. The budding stage (1950-1980) where reliance on imported equipment limited domestic production capabilities. 2. The initiation stage (1981-1999) marked by the entry of international gas giants bringing advanced technology. 3. The development stage (2000-2015) where domestic companies began to reduce reliance on imports and the demand for electronic bulk gases surged due to the growth of the semiconductor and photovoltaic industries. 4. The maturity stage (2016-present) where domestic companies have mastered ultra-pure gas purification technologies, meeting advanced process requirements [7][8]. Market Size - The electronic gas market in China is projected to reach approximately 20.3 billion yuan in 2024, with a year-on-year growth of 7.98%. The rapid expansion of the domestic semiconductor industry and continuous growth in photovoltaic installations are driving this demand [14][16]. Key Companies - **Guangzhou Guanggang Gas**: A leading domestic electronic bulk gas service provider, known for its "Super-N" series ultra-pure nitrogen production technology, achieving ppb-level purity [21]. - **Jinhong Gas**: Engaged in gas research, production, and sales, recognized as a national high-tech enterprise, with a focus on ultra-pure gases [23]. - **Linde Gas, Air Liquide, and Air Products**: Global industrial gas giants dominating over 70% of the high-end market share, leveraging technology barriers and long-term customer contracts [18][19]. Industry Development Trends 1. **Technological Innovation and Domestic Substitution**: The industry is experiencing dual drivers of technological innovation and domestic substitution, with companies increasing R&D investments to meet high purity and stability requirements [25]. 2. **Industry Chain Integration and Model Innovation**: Companies are integrating vertically and innovating business models, exploring on-site gas production and digital gas management systems to enhance competitiveness [26]. 3. **Diversified Market Demand and Global Layout**: The industry faces opportunities from diversified market demands and accelerated globalization, with companies expanding internationally to meet both domestic and foreign needs [27].

Group 1 - The core viewpoint of the news is that Nantu Asset Management has conducted research on Jin Hong Gas, highlighting its growth potential in the electronic gas market and its strategic focus on on-site gas production [1] - Jin Hong Gas is expected to achieve full-year revenue contributions from multiple electronic bulk gas projects in 2024, with new projects anticipated to commence operations by the end of 2025 [1] - The company emphasizes the development of on-site gas production due to its ability to provide stable cash flow, with new projects being launched annually in the small and medium-sized on-site gas sector [1] Group 2 - Jin Hong Gas has successfully passed tests and commenced mass production of ultra-pure ammonia and high-purity carbon dioxide products for TSMC [1] - The customer base for specialty gases is heavily weighted towards the integrated circuit industry, while the photovoltaic sector's customer share is declining [1] - The pricing of ultra-pure ammonia remains stable in the integrated circuit and LCD panel sectors, while prices in the photovoltaic sector are on a downward trend, indicating a cyclical bottom [1] Group 3 - The company is expanding its customer base by providing comprehensive gas solutions through a combination of self-production and trade, and has exported products to over 50 countries [1] - Jin Hong Gas has signed a project for on-site gas production in Thailand and acquired Singapore's CHEM-GS company [1] - The newly appointed General Manager, Dai Zhanglong, brings extensive industry experience, which is expected to help the company achieve new breakthroughs [1]