Industry Overview - The Chinese tetrafluoromethane (CF₄) industry is currently undergoing a phase of technological upgrades and market expansion, with a projected market size of approximately 2.079 billion yuan in 2024, representing a year-on-year growth of 7.44% [1][7] - The domestic low-temperature distillation-adsorption coupling process is maturing, improving the first-pass yield of 6N-grade products and narrowing the technology gap with international giants to a single purity level, laying a solid foundation for domestic substitution [1][7] - The demand for high-purity CF₄ is rapidly increasing due to the continuous expansion of downstream emerging industries such as semiconductors, photovoltaics, and panels [1][7] Industry Chain - The upstream of the CF₄ industry chain includes raw materials such as hydrofluoric acid, methanol, fluorine gas, carbon sources, and electricity, as well as production equipment like fluorocarbon reactors and distillation towers [4] - The midstream involves the production and manufacturing of CF₄, while the downstream applications are primarily in semiconductor, flat panel display, photovoltaic, and optical fiber manufacturing processes [4] Market Dynamics - The price of hydrofluoric acid, a core raw material for CF₄ production, is expected to reach 11,873 yuan per ton by the end of 2025, reflecting an increase of 8.87% year-on-year, driven by tightening supply and mining policies [5] - The production capacity of integrated circuits in China is projected to reach approximately 484.3 billion pieces by 2025, with a year-on-year growth of 7.28%, which will drive the demand for electronic-grade CF₄ in etching and wafer cleaning processes [7] Key Enterprises - The competitive landscape of the CF₄ industry is characterized by a concentration of leading firms driven by technology, with companies like Kemet, Fujian Del Technology, and Huate Gas rapidly emerging [8] - Huate Gas, established in 1999, has achieved high-purity CF₄ mass production and has been certified by major semiconductor clients, covering top global semiconductor companies [9] - Fujian Yongjing Technology, founded in 2007, focuses on fluorochemical production and has a capacity of 600 tons/year, utilizing advanced purification technologies [10] Future Trends - The growth of the CF₄ industry is primarily driven by the semiconductor and photovoltaic sectors, with increasing purity requirements pushing CF₄ products from mainstream 5N (99.999%) to 6N and beyond [12] - The competition in the industry is shifting towards a concentration of leading firms, with a focus on technological and capital advantages, as smaller firms face significant survival challenges [13] - Environmental regulations are expected to drive technological innovations in the industry, with a focus on green production processes and the development of efficient end-of-pipe treatment and recycling technologies [14]

证券代码：688268 证券简称：华特气体 公告编号：2026-008 转债代码：118033 转债简称：华特转债 广东华特气体股份有限公司2026年第一次临时股东会决议公告 本公司董事会及全体董事保证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： ● 本次会议是否有被否决议案：无 一、会议召开和出席情况 （一）股东会召开的时间：2026年1月29日 （二）股东会召开的地点：广东省佛山市南海区里水镇和顺逢西村文头岭脚东侧广东华特气体股份有限 公司会议室 （三）出席会议的普通股股东、特别表决权股东、恢复表决权的优先股股东及其持有表决权数量的情 况： ■ （四）表决方式是否符合《公司法》及公司章程的规定，股东会主持情况等。 二、议案审议情况 （一）非累积投票议案 1、议案名称：《关于部分募投项目结项并将节余募集资金永久补充流动资金的议案》 审议结果：通过 表决情况： ■ 本次股东会采用现场投票和网络投票结合的方式召开，会议由董事长石思慧 女士主持，本次会议的召集、召开程序符合《中华人民共和国公司法》《中华人民共和国证券法》《公 司章程》的 ...

中国深圳市福田区益田路 6001 号太平金融大厦 11、12 楼 邮编：518038 股东会法律意见书 致：广东华特气体股份有限公司 广东信达律师事务所（以下简称"信达"）接受广东华特气体股份有限公司 （以下简称"公司"）的委托，指派信达律师出席公司 2026 年第一次临时股东 会（以下简称"本次股东会"），对本次股东会的合法性进行见证，并出具《广 东信达律师事务所关于广东华特气体股份有限公司 2026 年第一次临时股东会的 法律意见书》（以下简称"本法律意见书"）。 11-12/F, TAIPING FINANCE TOWER, YITIAN ROAD 6001, FUTIAN DISTRICT, SHENZHEN, P.R. CHINA 电话(Tel)：(0755)88265288 传真(Fax)：(0755)88265537 电子邮件(E-mail)：info@sundiallawfirm.com 网址(Website)：www.sundiallawfirm.com 广东信达律师事务所 关于广东华特气体股份有限公司 2026 年第一次临时股东会的法律意见书 信达科会字(2026)第 007 号 信达律师 ...

本次会议是否有被否决议案：无 一、 会议召开和出席情况 | 证券代码：688268 | 证券简称：华特气体 | 公告编号：2026-008 | | --- | --- | --- | | 转债代码：118033 | 转债简称：华特转债 | | 广东华特气体股份有限公司 2026年第一次临时股东会决议公告 本公司董事会及全体董事保证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： （一） 股东会召开的时间：2026 年 1 月 29 日 （二） 股东会召开的地点：广东省佛山市南海区里水镇和顺逢西村文头岭脚东 侧广东华特气体股份有限公司会议室 （三） 出席会议的普通股股东、特别表决权股东、恢复表决权的优先股股东及 其持有表决权数量的情况： | 1、出席会议的股东和代理人人数 | 121 | | --- | --- | | 普通股股东人数 | 121 | | 2、出席会议的股东所持有的表决权数量 | 53,013,949 | | 普通股股东所持有表决权数量 | 53,013,949 | | 3、出席会议的股东所持有表决权数量占公司表决权数量的 ...

| 证券代码：688268 | 证券简称：华特气体 公告编号：2026-007 | | --- | --- | | 转债代码：118033 | 转债简称：华特转债 | 广东华特气体股份有限公司 关于"华特转债"转股价格调整暨转股停复牌的公告 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、准确性和完整性承担法律责任。 重要内容提示： 证券停复牌情况：适用 因广东华特气体股份有限公司（以下简称"公司"）实施回购股份注销引起"华 特转债"转股价格调整,本公司的相关证券停复牌情况如下： 2026 年 1 月 21 日，公司已经完成了回购专用证券账户中的 308,556 股股份的 注销，公司总股本将由 120,304,933 股变更为 119,996,377 股。具体内容详见公 司于 2026 年 1 月 21 日在上海证券交易所网站（www.sse.com.cn）上披露的《广 东华特气体股份有限公司关于实施回购股份注销暨股份变动的公告》（公告编号： 2026-006）。 综上，华特转债的转股价格将进行调整，本次调整符合募集说明书的规定。 二、转股价格的调整方式 ...

Core Viewpoint - The company announced an adjustment in the conversion price of its convertible bonds due to a share buyback and cancellation, reflecting a slight increase in the conversion price. Group 1: Share Buyback and Cancellation - The company has completed the cancellation of 308,556 shares as part of its share buyback program [1] - The total share capital has decreased from 120,304,933 shares to 119,996,377 shares following the cancellation [1] Group 2: Convertible Bond Adjustment - The conversion price of the "华特转债" (Huate Convertible Bonds) has been adjusted from 82.72 yuan per share to 82.75 yuan per share [1] - This adjustment will take effect starting January 23, 2026, with trading of the bonds resuming on January 23, 2023 [1]

| 证券代码：688268 | 证券简称：华特气体 | 公告编号：2026-006 | | --- | --- | --- | | 转债代码：118033 | 转债简称：华特转债 | | 广东华特气体股份有限公司 关于实施回购股份注销暨股份变动的公告 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。 （一）回购股份方案及实施情况 2022 年 5 月 10 日，公司召开第三届董事会第十一次会议，审议通过了《关 于以集中竞价交易方式回购公司股份方案的议案》（以下简称"第一期回购计 划"），同意公司以自有资金通过上海证券交易所交易系统以集中竞价交易方式 回购公司已发行的部分人民币普通股(A 股)股票。本次回购的股份将全部用于员 工持股计划或股权激励，并在股份回购实施结果暨股份变动公告日后三年内转 让；若公司本次回购的股份未能在股份回购实施结果暨股份变动公告日后三年内 转让完毕，将依法履行减少注册资本的程序，未转让股份将被注销。本次回购价 格不超过人民币85.00元/股(含)，回购资金总额不低于人民币4,000.00万元(含) 且 ...

Core Insights - The global semiconductor materials market is experiencing a strong recovery, with a market size of $66.7 billion in 2023 and expected to exceed $73 billion by 2025, driven by demand from AI and wafer fab expansions [1] - China is becoming a key growth engine in the semiconductor materials market, with a sales figure of $13.1 billion in 2023, marking a year-on-year growth of 3.8% and increasing its global market share to 20% [1] Market Structure - Semiconductor materials are divided into wafer manufacturing materials and packaging materials, with wafer manufacturing materials dominating the market at 62.2% share ($41.5 billion) in 2023 [2] - Silicon wafers hold the largest share in wafer manufacturing materials at 33%, followed by electronic specialty gases (14%) and photomasks (13%) [2] - The market is highly concentrated, with major players in silicon wafers and photolithography materials predominantly from Japan and the U.S. [2] Core Material Breakthroughs - Domestic companies are making significant progress in wafer manufacturing materials, with local firms achieving breakthroughs in 12-inch silicon wafers and photolithography materials [3][4] - The domestic market for electronic specialty gases is also advancing, with companies like Huate Gas entering the TSMC supply chain [4] Packaging Materials - The global packaging materials market saw a decline of 10.1% to $25.2 billion in 2023, but advanced packaging is driving growth, with a projected increase of 19.62% [5] - Domestic companies are rapidly iterating technology in advanced packaging materials, with significant market shares in lead frames and packaging substrates [5] Import Dependency and Policy Support - China still faces significant import dependency in key categories like photolithography materials and electronic specialty gases, with over 90% reliance on imports for high-end materials below 14nm [6][8] - The government is focusing on critical areas through initiatives like the National Big Fund, aiming for 70% self-sufficiency in core materials by 2030 [6][8] Challenges and Future Outlook - Despite notable advancements, the industry faces challenges such as reliance on foreign technology for EUV-grade silicon wafers and high-end photolithography materials [7] - The advanced packaging materials market is expected to reach $39.3 billion by 2025, indicating a significant growth opportunity for domestic companies [7]

证券代码：688268 证券简称：华特气体 转债代码：118033 转债简称：华特转债 中信建投证券股份有限公司 关于 广东华特气体股份有限公司 向不特定对象发行可转换公司债券 2026 年第一次临时受托管理事务报告 债券受托管理人 二〇二六年一月 重要声明 本报告不构成对投资者进行或不进行某项行为的推荐意见，投资者应对相关 事宜作出独立判断，而不应将本报告中的任何内容据以作为中信建投证券所作出 的承诺或声明。在任何情况下，未经中信建投证券书面许可，不得将本报告用作 其他任何用途。 1 中信建投证券作为华特气体向不特定对象发行可转换公司债券（债券简称： 华特转债，债券代码：118033，以下简称"本次可转债"）的受托管理人，持续密 切关注对债券持有人权益有重大影响的事项。根据《公司债券发行与交易管理办 法》《公司债券受托管理人执业行为准则》等相关规定，本次可转债《受托管理 协议》的约定以及发行人的相关公告，现就本次可转债重大事项报告如下： 一、本次可转债发行及转股情况 本次发行已经公司 2022 年 4 月 27 日召开的第三届董事会第十次会议审议通 过，并经公司 2022 年 5 月 16 日召开的 202 ...

广东华特气体股份有限公司 2026 年第一次临时股东会会议资料 证券代码：688268 证券简称：华特气体 广东华特气体股份有限公司 2026 年第一次临时股东会会议资料 2026 年 1 月 | | | 广东华特气体股份有限公司 2026 年第一次临时股东会会议资料 广东华特气体股份有限公司 三、出席会议的股东及股东代理人须在会议召开前 15 分钟到会议现场办理 签到手续，并请按规定出示有效身份证明文件或企业营业执照/注册证书复印件 （加盖公章）、授权委托书等，经验证后领取会议资料，方可出席会议。会议开 始后，由会议主持人宣布现场出席会议的股东人数及其所持有表决权的股份总数， 在此之后进出的股东无权参与现场投票表决。 四、会议按照会议通知上所列顺序审议、表决议案。 五、股东及股东代理人参加股东会依法享有发言权、质询权、表决权等权利。 股东及股东代理人参加股东会应认真履行其法定义务，不得侵犯公司和其他股东 及股东代理人的合法权益，不得扰乱股东会的正常秩序。 六、要求发言的股东及股东代理人，应当按照会议的议程，经会议主持人许 1 广东华特气体股份有限公司 2026 年第一次临时股东会会议资料 2026 年第一次 ...