Core Viewpoint - Fangyuan Co., Ltd. has signed a cooperation agreement with a Japanese company and a target company to develop and produce NCMA/NCA/NCM precursors in Japan through technology output and equity participation [1] Group 1: Cooperation Agreement - The company will provide technology and processes to the target company and will charge a total of 4.8 billion Japanese yen (approximately 229.85 million RMB) in technical service fees, design fees, and operational technology usage fees, to be collected in batches according to project implementation stages [1] - The Japanese company is expected to invest between 9 billion and 12 billion Japanese yen in the target company, including an already made investment of 10 million Japanese yen [1] - The company plans to invest between 1 billion and 1.5 billion Japanese yen (approximately 47.89 million to 71.83 million RMB) in the target company, with actual investment arrangements to be determined by subsequent agreements [1]

格隆汇9月25日｜芳源股份公告，近日，广东芳源新材料集团股份有限公司与某日本企业、目标公司以 书面方式签订了合作协议。公司计划通过技术输出以及参股的形式，以目标公司为项目实施主体，与某 日本企业合作在日本开发和生产NCMA系/NCA系/NCM系前驱体。公司将向目标公司提供技术和工艺， 并按照项目实施阶段分批次向目标公司收取共计48亿日元(按照2025年9月25日中国外汇交易中心受权公 布的人民币汇率中间价100日元对人民币4.7885元计算，折合人民币约22,984.80万元)的技术服务费、设 计费用和运行技术使用费。 ...

| 证券代码：688148 | 证券简称：芳源股份 | 公告编号：2025-053 | | --- | --- | --- | | 转债代码：118020 | 转债简称：芳源转债 | | 广东芳源新材料集团股份有限公司 关于签订技术出口合作协议的公告 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： 近日，广东芳源新材料集团股份有限公司（以下简称"公司"）与某日本企 业、目标公司（基于双方保密约定，不便披露具体名称）以书面方式签订了合作 协议。公司计划通过技术输出以及参股的形式，以目标公司为项目实施主体，与 某日本企业合作在日本开发和生产 NCMA 系/NCA 系/NCM 系前驱体。公司将向 目标公司提供技术和工艺，并按照项目实施阶段分批次向目标公司收取共计 48 亿日元（按照 2025 年 9 月 25 日中国外汇交易中心受权公布的人民币汇率中间价 100 日元对人民币 4.7885 元计算，折合人民币约 22,984.80 万元）的技术服务费、 设计费用和运行技术使用费。 对上市公司当年业绩的影响 202 ...

Core Viewpoint - The company has signed a cooperation agreement with a Japanese enterprise and a target company to develop and produce NCMA/NCA/NCM precursors in Japan, indicating a strategic expansion into the Japanese market [1] Group 1: Cooperation Agreement - The company will provide technology and processes to the target company, which will act as the project implementation entity [1] - The total technical service fee, design fees, and operational technology usage fees to be charged to the target company will amount to 4.8 billion Japanese yen, approximately 229.8 million Chinese yuan [1] Group 2: Financial Implications - The fees will be collected in batches according to the project implementation stages, reflecting a structured financial approach to the partnership [1]

芳源股份公告，公司与某日本企业、目标公司签订合作协议，以技术输出及参股形式合作在日本开发和 生产NCMA系/NCA系/NCM系前驱体。公司将向目标公司提供技术和工艺，并按项目实施阶段分批次收 取共计48亿日元的技术服务费、设计费用和运行技术使用费。预计2025年内可收取12.4亿日元（折合人 民币约5,937.74万元）。此次合作预计将对公司当期及后续年度的营业收入和净利润产生积极影响。 ...

Summary of Key Points Core Viewpoint - On September 23, several A-share listed companies disclosed their shareholding changes, with notable increases in holdings by some companies and reductions by others [1]. Group 1: Companies Increasing Holdings - Baba Foods: Some directors and senior management plan to further increase their shareholdings [2]. - Huakai Yibai: Luo Chun plans to increase his shareholdings by no less than 20 million yuan within six months [2]. Group 2: Companies Decreasing Holdings - Yingfang Software: Good Hope Cape and its concerted actors plan to reduce their holdings by no more than 3% [2]. - Meili Technology: Shareholder Changjiang Capital plans to reduce holdings by no more than 2,110,746 shares [2]. - Zhongtian Rocket: Shareholders plan to reduce their holdings by no more than 3% [2]. - Fangyuan Co., Ltd.: Shareholder Zhongke Ziyun plans to reduce holdings by no more than 1% [2]. - Funeng Technology: Deputy General Manager Wang Zhigang plans to reduce holdings by no more than 100,000 shares [2]. - Chaoxun Communication: The company's management has completed their reduction plan [2]. - Zhongke Jiangnan: Shareholders holding more than 5% plan to reduce holdings by no more than 1.73% [2]. - Bozhong Precision: The controlling shareholder's concerted actors have cumulatively reduced 5,495,900 shares recently [2]. - Fulongma: Former supervisor Shen Jiaqing reduced holdings by 199,600 shares [2]. - Dongtianwei: Specific shareholder Xinyu Ruitian reduced holdings by 458,900 shares from September 19 to September 22 [2]. - ST Lutong: Senior management member Zhuang Xiaozheng plans to reduce holdings by no more than 671,700 shares [2]. - Lakala: Legend Holdings has cumulatively reduced its holdings by 8,078,100 shares recently [2]. - *ST Xingnong: Shareholder Li Weihong plans to reduce holdings by no more than 3% [2]. - Tianji Co., Ltd.: Some directors and senior management plan to reduce their holdings [2]. - Yashiguangdian: Shareholders plan to reduce holdings by a total of 2.46% [2]. - Zhejiang Zhengte: Supervisor Hou Xiaohua plans to reduce holdings by no more than 275,300 shares [2]. - Binglun Environment: Some directors and senior management plan to reduce their holdings [2]. - Zhejiang Lino: The actual controller and concerted actors plan to reduce holdings by no more than 3.25% [2]. - Zhejiang Shibao: The controlling shareholder Shibao Holdings has recently reduced 1.50% of its A-share holdings [2]. - Kuaijingtong: Due to a securities repurchase contract dispute, shareholders will passively reduce holdings by no more than 1% [2]. - Nanxing Co., Ltd.: Shareholders plan to reduce holdings by no more than 3.03% [2].

Summary of Key Points Core Viewpoint - Guangdong Fangyuan New Materials Group Co., Ltd. announced that its shareholder, Guangdong Zhongke Baiyun Emerging Industry Venture Capital Fund Co., Ltd., plans to reduce its holdings by up to 5.1 million shares due to fund allocation needs, which represents approximately 4.85% of the company's total shares [1]. Company Specifics - As of the announcement date, Guangdong Zhongke Baiyun holds 24.74 million shares of Guangdong Fangyuan, which is about 4.85% of the total share capital of approximately 510 million shares [1]. - The shares in question were originally part of the company's initial public offering and were released from restrictions on August 8, 2022, allowing them to be traded publicly [1]. - The planned reduction of shares will occur through centralized bidding transactions over a period of three months, starting three trading days after the announcement of the share reduction plan [1].

格隆汇9月23日丨芳源股份(688148.SH)公布，公司于近日收到股东中科白云的通知，因基金资金安排需 要，公司股东中科白云计划根据市场价格，通过集中竞价交易方式减持其持有的公司股份合计不超过 510万股（不超过公司总股本的1%），减持期间为自公司披露股份减持计划公告之日起3个交易日后的3 个月内。 ...

| 证券代码：688148 | 证券简称：芳源股份 | 公告编号：2025-052 | | --- | --- | --- | | 转债代码：118020 | 转债简称：芳源转债 | | 广东芳源新材料集团股份有限公司 股东减持股份计划公告 本公司董事会、全体董事及相关股东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： 减持计划的主要内容 公司于近日收到股东中科白云的通知，因基金资金安排需要，公司股东中科 白云计划根据市场价格，通过集中竞价交易方式减持其持有的公司股份合计不超 过 5,100,000 股（不超过公司总股本的 1%），减持期间为自公司披露股份减持计 划公告之日起 3 个交易日后的 3 个月内。 在减持总比例不超过公司总股本 1%的前提下，若减持期间公司发生派发红 利、送红股、转增股本、增发新股、配股等导致股份变动事项，减持股份数量将 进行相应调整。 | 股东名称 | 广东中科白云新兴产业创业投资基金有限公司 | | | --- | --- | --- | | 股东身份 | 控股股东、实控人及一致行动人 □是 | ...

Core Viewpoint - Zhongke Baiyun plans to reduce its stake in Fangyuan Co., holding 24.74 million shares, which accounts for 4.85% of the company, by selling up to 5.1 million shares, representing 1% of the total share capital, due to fund allocation arrangements [1] Summary by Sections - **Shareholding and Reduction Plan** - Zhongke Baiyun currently holds 24.74 million shares in Fangyuan Co., which is 4.85% of the total shares [1] - The company intends to reduce its holdings by a maximum of 5.1 million shares, or 1% of the total share capital, starting from three trading days after the announcement until December 26, 2025 [1] - **Previous Reductions** - From June 13 to September 12, 2025, Zhongke Baiyun has already reduced its holdings by 400,000 shares, which is 0.08% of the total shares [1] - The reduction price range for the previous shares sold was between 6 to 6.79 yuan per share [1]