Core Viewpoint - The company has reached a settlement regarding ongoing litigation with Lai Minggui and Sichuan Zhongfu Energy New Materials Co., Ltd, which is expected to positively impact its market expansion and supply stability over the next five years [2][11]. Summary by Relevant Sections Litigation Status - The case has been accepted and is pending court hearing, with parties having signed a settlement agreement [2]. - The company is the plaintiff in two cases against Lai Minggui regarding equity transfer disputes and breach of contract, while also being a defendant in a contract dispute initiated by Lai Minggui [2][6]. Details of the Lawsuits - Lai Minggui filed a lawsuit claiming the company failed to provide packaging materials as per the "Southwest Electronic Gas Cooperation Agreement," seeking the return of a performance deposit of 20 million RMB [2][3]. - The company initiated a lawsuit to confirm the legality of the cooperation agreement and to enforce the transfer of 51% equity from Lai Minggui to the company, along with compensation for damages totaling 23 million RMB [3][4]. Settlement Agreement - A settlement agreement has been reached, allowing the company to purchase CF4, SF6, and NF3 gas products from Sichuan Zhongfu for a period until December 31, 2030 [7]. - The agreement stipulates the return of the 20 million RMB performance deposit and an additional compensation of 9 million RMB to cover costs incurred by the company [7][8]. - All previous agreements and related documents will be terminated upon the effectiveness of the settlement agreement [8][9]. Impact on the Company - The settlement is not expected to adversely affect the company's daily operations and is anticipated to enhance market expansion and supply stability [11]. - The company will withdraw its lawsuits as per the settlement terms, but if the agreement is not fulfilled, it retains the right to assert its legal claims [11].

| 转债代码：118033 | 转债简称：华特转债 | | | --- | --- | --- | | 证券代码：688268 | 证券简称：华特气体 | 公告编号：2025-071 | 广东华特气体股份有限公司 关于前期提起重大诉讼的进展公告 2025 年 3 月，公司收到雅安市名山区人民法院传票，赖明贵以公司未按照 《西南地区电子气体合作协议》（下称"《合作协议》"）约定，拒绝提供包装 物，拖延试生产进度，严重阻碍试生产的正常进行，导致其无法实现合同目的为 由，向雅安市名山区人民法院对公司提起诉讼，请求判令解除赖明贵和公司于 2022 年 4 月 6 日所签《合作协议》、2022 年 10 月 14 日所签《西南地区电子气 体合作协议之补充协议(一)》（下称"《补充协议（一）》"）；退还赖明贵已 依约支付的履约保证金 20,000,000 元(大写:人民币贰仟万元)；本案诉讼费由公 司负担（以下简称"赖明贵诉公司合同纠纷一案"）。 2025 年 4 月，公司就与赖明贵、四川中氟能新材料科技有限公司（以下简 称"中氟能公司"）之间股权转让纠纷向广东省佛山市中级人民法院提起诉讼， 请求判令确认 2022 年 ...

Core Viewpoint - The company has reached a settlement regarding three related lawsuits involving contract disputes and equity transfer with Lai Minggui, which will impact its future operations and financials [1] Group 1: Legal Settlement - The company announced that it has settled three lawsuits: "Lai Minggui vs. the company on contract disputes," "the company vs. Lai Minggui on equity transfer disputes," and "the company vs. Lai Minggui for breach of contract" [1] - The settlement agreement and the associated product procurement contract will take effect on December 16, with the company agreeing to withdraw its lawsuits and not appeal [1] Group 2: Financial Terms of Settlement - The agreement stipulates that the company will purchase gas products from Zhongfu Energy until the end of 2030, with conditions for early termination of the agreement [1] - The company will return a performance bond of 20 million yuan, while Lai Minggui will compensate the company 9 million yuan [1] - The company is required to withdraw its lawsuits and apply for the lifting of asset preservation within three days of the settlement taking effect [1] Group 3: Impact on Performance - The impact of the settlement on the company's performance remains to be determined [1]

Core Insights - The chemical industry report indicates a mixed performance in chemical product prices, with 42 products increasing in price, 37 decreasing, and 21 remaining stable during the week of December 8-14 [1][2] - The report suggests focusing on undervalued leading companies, the impact of "anti-involution" on supply in related sub-industries, and the importance of self-sufficiency in electronic materials and certain new energy materials amid price increases [1][6] Industry Dynamics - In the week of December 8-14, 47% of tracked chemical products saw a month-on-month price increase, while 44% experienced a decrease, and 9% remained unchanged [2] - The top price increases were noted in nitric acid, sulfuric acid, raw salt, bisphenol A, and TDI, while the largest declines were in PVA, LLDPE, trichloroethylene, and NYMEX natural gas [2] Oil Market Overview - International oil prices fell, with WTI crude oil futures closing at $57.44 per barrel (down 2.45%) and Brent crude at $61.12 per barrel (down 2.19%) [3] - The U.S. oil production averaged 13.853 million barrels per day, an increase of 38,000 barrels from the previous week and 222,000 barrels from the same period last year [3] - U.S. oil demand rose to an average of 21.082 million barrels per day, with gasoline demand increasing to 8.456 million barrels per day [3] TDI Market Analysis - TDI prices increased to an average of 14,713 yuan/ton, up 2.49% week-on-week and 5.51% month-on-month [4] - TDI production decreased, with an overall operating rate of approximately 58.55%, and various factories experiencing operational issues [4] - Average costs for TDI were 11,819 yuan/ton, down 0.92% week-on-week, while average gross profit rose by 31.79% week-on-week [4] Methionine Market Analysis - Methionine prices decreased to an average of 17,900 yuan/ton, down 2.45% week-on-week and 9.14% month-on-month [5] - The production remained stable at 18,350 tons, with an operating rate of 89.42% [5] - The cost of methionine was 13,853.73 yuan/ton, with a gross profit margin of 23.67% [5] Valuation Metrics - As of December 12, the TTM price-to-earnings ratio for the SW basic chemical sector was 24.14, and the price-to-book ratio was 2.19 [6] - The SW oil and petrochemical sector had a TTM price-to-earnings ratio of 12.85 and a price-to-book ratio of 1.24 [6] Investment Recommendations - The report recommends focusing on undervalued leading companies, sectors benefiting from policy support, and emerging fields such as semiconductor materials and new energy materials [6] - Specific companies highlighted for investment include Wanhua Chemical, Hualu Hengsheng, and others [6][7]

Core Viewpoint - The company, Huate Gas, acknowledges the significant impact of Sino-Japanese relations on the self-sufficiency of China's industrial chain, particularly in the specialty gas sector, and outlines its strategy to enhance domestic production capabilities and market share in high-end electronic specialty gases [1] Group 1: Company Strategy and Market Position - Huate Gas has developed 55 electronic specialty gas products that can replace imports [1] - Despite the growth of domestic companies, foreign gas giants still dominate the specialty gas market in China, with Huate Gas holding less than 5% market share as of 2024 [1] - The company plans to focus on key gas products for integrated circuits, new energy, and healthcare sectors, aiming to accelerate the conversion and certification of high-end electronic specialty gas products to improve market competitiveness and share [1] Group 2: Market Development and Customer Relations - Huate Gas intends to explore more niche markets by deeply understanding market demands and accurately targeting customer groups [1] - The company aims to establish long-term, stable, and mutually beneficial supply partnerships with its customers [1]

是否会对上市公司损益产生负面影响：前期相关诉讼"赖明贵诉公司合 同纠纷一案"已作出一审判决，本次诉讼尚未开庭审理，最终的判决结果尚不确 定，目前无法预计对公司本期利润或期后利润的影响，亦无法预计对相关诉讼后 续判决结果的影响，最终实际影响需以法院生效判决结果或双方最终达成的和解 协议为准。公司将根据相关诉讼进展情况及时履行信息披露义务，敬请投资者注 意投资风险。 | 转债代码：118033 | 转债简称：华特转债 | | | --- | --- | --- | | 证券代码：688268 | 证券简称：华特气体 | 公告编号：2025-070 | 广东华特气体股份有限公司 关于前期提起重大诉讼的进展公告 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： 案件所处的诉讼阶段：已立案受理，尚未开庭审理（前期相关诉讼"赖 明贵诉公司合同纠纷一案"作出一审判决） 上市公司所处的当事人地位：广东华特气体股份有限公司（以下简称"公 司"）为原告（前期相关诉讼"赖明贵诉公司合同纠纷一案"公司为被告） 截至目前，"赖明贵诉公 ...

广东华特气体股份有限公司 关于注销部分回购股份并减少注册资本 暨通知债权人的公告 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、通知债权人的原因 广东华特气体股份有限公司（以下简称"公司"）于 2025 年 11 月 17 日召 开第四届董事会第二十三次会议，于 2025 年 12 月 4 日召开 2025 年第二次临时 股东会，审议通过了《关于变更回购股份用途并注销暨减少注册资本、修订公司 章程并办理工商变更登记的议案》，同意公司将存放于回购专用账户中的 308,556 股已回购股份的用途进行调整，由"用于员工持股计划或股权激励"调 整为"用于注销并相应减少注册资本"，同时按照相关规定办理注销手续。 本次注销部分回购股份完成后，公司注册资本预计将由人民币 12,030.4921 万元减少至人民币 11,999.6365 万元，公司总股本预计将由 12,030.4921 万股变 更为 11,999.6365 万股。具体内容详见公司于 2025 年 11 月 18 日、2025 年 12 月 5 日在上海证券交易所网站 ...

| 证券代码：688268 | 证券简称：华特气体 | 公告编号：2025-068 | | --- | --- | --- | | 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 2025年第二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：2025 年 12 月 4 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 | 105 | | --- | --- | | 普通股股东人数 | 105 | | 2、出席会议的股东所持有的表决权数量 | 51,382,885 | | 普通股股东所持有表决权数量 | 51,382,885 | | 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 ...

股东会法律意见书 : 律师能够 DIAI. LAW FIR 2025 年第二次临时股东会的法律意见书 信达科会字(2025)第 058号 致:广东华特气体股份有限公司 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 I 1-12/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 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 2025年第二次临时股东 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 2025年第二次临时股东会的 法律意见 ...

Group 1 - The core point of the news is that Huate Gas (688268) has seen a net financing increase of 56.23 million yuan on November 25, 2025, with a total financing balance of 416 million yuan, indicating a positive market sentiment towards the stock [1][2][3] - Over the past three trading days, Huate Gas has accumulated a total net buying of 12.87 million yuan, reflecting a consistent interest from investors [1] - The financing balance on November 25 represents 5.78% of the circulating market value, which has shown a slight increase from previous days [2] Group 2 - The financing balance increased by 0.13% on November 25, 2025, compared to the previous day, indicating a strengthening of bullish sentiment in the market [3] - The financing balance has fluctuated over the past week, with notable increases on November 24 (2.15%) and November 21 (0.88%), while there was a decrease on November 20 (-0.68%) [3] - No short selling transactions were recorded on November 25, suggesting a lack of bearish sentiment in the market for Huate Gas [2]