东方证券股份有限公司 关于东来涂料技术（上海）股份有限公司 募投项目延期的核查意见 东方证券股份有限公司（以下简称"东方证券"或"保荐机构"）作为东来 涂料技术（上海）股份有限公司（以下简称"东来技术"或"公司"）的保荐机 构，根据《证券发行上市保荐业务管理办法》《上市公司募集资金监管规则》《上 海证券交易所科创板股票上市规则》《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（2025 年 5 月修订）》等有关规定，对公司募投项目延 期的事项进行了详细核查，具体情况如下： 一、募集资金基本情况 根据 2020 年 9 月 8 日中国证券监督管理委员会《关于同意东来涂料技术（上 海）股份有限公司首次公开发行股票注册的批复》（证监许可〔2020〕2118 号）， 公司获准首次向社会公众公开发行人民币普通股 30,000,000 股，每股面值为人民 币 1.00 元，发行价格为每股人民币 15.22 元/股，募集资金总额为人民币 456,600,000.00 元，扣除发行费用人民币 49,508,571.90 元后，公司本次募集资金 净额为人民币 407,091,428.10 元。截至 2020 ...

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。 东来涂料技术（上海）股份有限公司（以下简称"公司"）于 2025 年 4 月 24 日召开第三届董事会第十一次会议，于 2025 年 5 月 19 日召开 2024 年年度股 东大会，审议通过《关于续聘立信会计师事务所（特殊普通合伙）作为公司审计 机构的议案》，同意聘任立信会计师事务所（特殊普通合伙）（以下简称"立信会 计师事务所"）为公司 2025 年度财务报表审计机构及内部控制审计机构。具体内 容详见公司于 2025 年 4 月 26 日在上海证券交易所网站（www.sse.com.cn）披露 的《关于续聘 2025 年度审计机构的公告》（公告编号：2025-011）。 近日，公司收到立信会计师事务所送达的《关于变更东来涂料技术（上海） 股份有限公司 2025 年度审计报告签字注册会计师的函》，现将相关变更情况告知 如下： 一、本次变更签字注册会计师的情况 立信会计师事务所作为公司 2025 年度财务报表及内部控制的审计机构，原 指派包梅庭、黄超作为签字注册会计师为公司提 ...

一、募集资金基本情况 （一）实际募集资金金额、资金到位时间 证券代码：688129 证券简称：东来技术 公告编号：2026-007 东来涂料技术（上海）股份有限公司 关于募投项目延期的公告 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。 东来涂料技术（上海）股份有限公司（以下简称"公司"）于 2026 年 3 月 28 日召开了第三届董事会第十八次会议，审议通过《关于募投项目延期的议案》， 同意公司将首次公开发行股票募集资金投资项目（以下简称"募投项目"）"万吨 水性环保汽车涂料项目"达到预定可使用状态时间延长至 2026 年 12 月。保荐机 构东方证券股份有限公司（以下简称"东方证券"）对本事项出具了明确同意的 核查意见。本次延期未改变募投项目的实施主体、实施方式、募集资金投资用途， 不会对募投项目的实施造成实质性影响。本事项属于公司董事会决策权限范围内， 无需提交公司股东会审议。现将相关情况公告如下： 根据 2020 年 9 月 8 日中国证券监督管理委员会《关于同意东来涂料技术（上 海）股份有限公司首次公开发行股票 ...

Core Viewpoint - Donglai Technology (688129.SH) reported a revenue of 663 million yuan for the fiscal year 2025, representing a year-on-year growth of 10.98% and a net profit attributable to the parent company of 100 million yuan, which is an increase of 18.52% [1] Financial Performance - The net profit attributable to the parent company, excluding non-recurring gains and losses, increased by 30.17% year-on-year [1] - The growth in revenue and profit is attributed to a focus on core business, continuous investment in research and development, improved operational efficiency, and stable revenue growth [1] - The previous period had a significant provision for credit impairment, which impacted the comparative figures [1]

Group 1 - The core point of the article is that Donglai Technology reported its 2025 annual performance, showing a revenue increase and a significant rise in net profit [2] - The company achieved an operating income of 663.14 million yuan, which represents a year-on-year increase of 10.98% [2] - The net profit attributable to the parent company was 100.44 million yuan, reflecting a year-on-year growth of 18.52% [2]

Core Viewpoint - Donglai Technology (688129.SH) reported a revenue of 630 million yuan for the year 2025, marking a year-on-year increase of 10.98%, and a net profit attributable to the parent company of 100 million yuan, up 18.52% year-on-year [1] Group 1: Financial Performance - The company achieved a net profit attributable to the parent company of 100 million yuan, reflecting an 18.52% increase year-on-year [1] - The net profit excluding non-recurring gains and losses was 67.53 million yuan, which is a 30.17% increase compared to the previous year [1] - The total revenue for 2025 was reported at 630 million yuan, representing a 10.98% increase year-on-year [1] Group 2: Business Strategy and Market Position - The company focused on its core business, maintaining continuous investment in research and development, which led to improved operational efficiency and increased customer satisfaction [1] - In the automotive aftermarket repair coatings sector, Donglai Technology has obtained original factory technical certifications from most global automotive brands and has become a first-tier supplier for major manufacturers, enhancing its market share [1] - In the new vehicle interior and exterior coatings sector, the company leveraged its advantages in original factory technical certifications and production performance to meet the automotive industry's growing demands for self-control, domestic substitution, cost reduction, efficiency improvement, and supply chain security [1]

Core Viewpoint - Donglai Technology (688129.SH) reported a revenue of 630 million yuan for the year 2025, marking a year-on-year increase of 10.98%, and a net profit attributable to shareholders of 100 million yuan, up 18.52% year-on-year [1] Group 1: Financial Performance - The company achieved a net profit attributable to shareholders after deducting non-recurring gains and losses of 67.53 million yuan, reflecting a year-on-year increase of 30.17% [1] - The operational efficiency has improved, contributing to the overall financial growth [1] Group 2: Market Position and Strategy - Donglai Technology has focused on its core business, with continuous investment in research and development [1] - The company has gained original factory technical certifications from most global automotive brands and has become a first-tier supplier for major manufacturers, enhancing its market competitiveness [1] - In the automotive aftermarket repair coatings sector, the company has seen a steady increase in market share due to its strong brand image and customer satisfaction [1] Group 3: Industry Trends - The company is responding to the automotive industry's growing demand for self-control, domestic substitution, cost reduction, efficiency improvement, and supply chain security [1] - The positive reputation and performance growth of the company are mutually reinforcing, creating a virtuous cycle [1]

Financial Performance - The company achieved total operating revenue of RMB 66,314.05 million, an increase of 10.98% year-on-year[2] - The net profit attributable to shareholders of the parent company was RMB 10,043.63 million, up 18.52% compared to the previous year[2] - The net profit attributable to shareholders of the parent company after deducting non-recurring gains and losses increased by 30.17% to RMB 6,753.14 million[2] - Basic earnings per share rose to RMB 0.90, reflecting a growth of 20.00%[2] Assets and Equity - The total assets at the end of the reporting period were RMB 164,548.72 million, a growth of 3.25% from the beginning of the period[6] - The equity attributable to shareholders of the parent company increased by 14.51% to RMB 98,629.82 million[6] - The net asset per share attributable to shareholders of the parent company was RMB 8.82, up 14.99%[2] Operational Focus - The company focused on its core business, enhancing operational efficiency and customer satisfaction, which contributed to improved market competitiveness[7] - The increase in net profit attributable to shareholders after deducting non-recurring gains and losses was primarily due to sustained focus on core business and improved operational efficiency[8] Market Position - The company has obtained original factory technical certifications from most global automotive brands, enhancing its market share in the automotive aftermarket repair coatings sector[7]

Recent Events - The company has been reducing its shares through a dedicated repurchase account, with a total of 760,400 shares sold as of January 31, 2026, accounting for 0.63% of the total share capital, at an average price of 22.08 yuan per share. After this reduction, the holding percentage of the repurchase account decreased to 5.24%. This reduction plan is based on the scheme disclosed on October 15, 2025, with a maximum reduction limit of 1% of the total share capital during the plan period [1] Fund Flow - Recent main capital has shown a net outflow trend. On February 4, 2026, the net outflow was 14.1867 million yuan, representing 10.16% of the total transaction amount. On February 12, 2026, the net outflow was 959,100 yuan, with the stock price dropping by 2.07% to 23.19 yuan per share. The fund flow is related to market sentiment and sector performance, such as adjustments in the chemical products sector [2] Performance and Operations - For the first three quarters of 2025, the company achieved an operating income of 465 million yuan, a year-on-year increase of 5.84%. The net profit attributable to the parent company was 68.6873 million yuan, reflecting a year-on-year growth of 5.61%. In terms of main business, automotive new car coatings accounted for 49.60%, while aftermarket repair coatings accounted for 42.24% [3] Shareholder Situation - As of September 30, 2025, the number of shareholders was 4,384, an increase of 3.54% compared to the previous period. The Guoshou Anbao Growth Preferred Stock A Fund increased its holdings to 1.758 million shares, becoming the sixth largest circulating shareholder [4]

Group 1: Company Announcements - Zhenai Meijia (003041.SZ) confirmed it is not involved in artificial intelligence business [1] - Zhongke Information (300678.SZ) participated in preliminary technical exchanges for the Tacheng project but has not signed relevant contracts [1] - Dongtianwei (301183.SZ) plans to establish a global R&D center and manufacturing headquarters in South China [1] - East China Electric (688187.SH) reported a net profit of 4.105 billion yuan for 2025, an increase of 10.88% year-on-year [1] - Jin Di Co., Ltd. (603270.SH) intends to acquire 100% equity of Yuni Precision for 116 million yuan [1] Group 2: Project Investments - Zhenai Meijia (003041.SZ) is not involved in AI business [1] - Dongtianwei (301183.SZ) plans to build a global R&D center and manufacturing headquarters [1] - Huayuan Technology (688239.SH) intends to invest up to 105 million euros in a manufacturing base in Slovakia [1] Group 3: Contracts and Bids - Chuangyuan Technology (000551.SZ) subsidiary pre-won a 94.7672 million yuan project from the State Grid [1] - Dalian Electric Porcelain (002606.SZ) pre-won a 119 million yuan project from the State Grid [1] - Tongda Co., Ltd. (002560.SZ) pre-won a 188 million yuan project from the State Grid [1] Group 4: Share Buybacks and Holdings - Donglai Technology (688129.SH) has cumulatively reduced 1.047 million shares in company buybacks [2] - Hu Silicon Industry (688126.SH) investment fund plans to reduce holdings by no more than 99.1507 million shares [3] - Tian Sheng New Materials (300169.SZ) is under investigation by the Securities Regulatory Commission for suspected information disclosure violations [3]