证券代码：688275 证券简称：万润新能 公告编号：2025-020 湖北万润新能源科技股份有限公司 2024年年度股东大会决议公告 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。 ● 本次会议是否有被否决议案：无 一、会议召开和出席情况 （一）股东大会召开的时间：2025年5月20日 （二）股东大会召开的地点：湖北省十堰市郧阳区茶店镇邦经路55号（郧阳区纵一路与横二路交叉口西 北140米）一楼会议室 （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： 本次股东大会由公司董事会召集，董事长刘世琦先生主持，采用现场投票和网络投票相结合的方式表 决。本次会议的表决方式是现场投票和网络投票相结合的方式，会议的召集、召开符合《中华人民共和 国公司法》《上市公司股东会规则》《上海证券交易所科创板股票上市规则》等有关法律、行政法规、 部门规章、规范性文件和《湖北万润新能源科技股份有限公司章程》的有关规定。 （五）公司董事、监事和董事会秘书的出席情况 重要内容提示： ■ 注：截至本次股东大会股 ...

Core Viewpoint - The legal opinion letter confirms the legality of the 2024 annual general meeting of Hubei Wanrun New Energy Technology Co., Ltd, ensuring compliance with relevant laws and regulations [1][13][14] Group 1: Meeting Legality - The law firm conducted a thorough review of the meeting's convening and holding procedures, confirming they align with the Company Law, Securities Law, and the company's articles of association [4][5][13] - The notice for the annual general meeting was properly communicated to all shareholders, detailing the time, location, and agenda [4][5] Group 2: Attendance and Qualifications - A total of 110 shareholder representatives attended the meeting, representing 66,526,874 shares, which is a significant portion of the voting rights [5][6] - The presence of company directors, supervisors, and senior management at the meeting was in accordance with legal requirements [7][13] Group 3: Voting Procedures and Results - The voting process adhered to legal standards, with all resolutions being voted on without amendments during the meeting [8][9] - The results of the votes on various proposals were documented, with significant support for each resolution, indicating shareholder approval [9][10][12]

证券代码：688275 证券简称：万润新能 公告编号：2025-020 湖北万润新能源科技股份有限公司 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） 股东大会召开的时间：2025 年 5 月 20 日 （二） 股东大会召开的地点：湖北省十堰市郧阳区茶店镇邦经路 55 号（郧阳区 纵一路与横二路交叉口西北 140 米）一楼会议室 （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： 普通股股东人数 110 普通股股东所持有表决权数量 66,526,874 普通股股东所持有表决权数量占公司表决权数量的比例（%） 53.9983 注：截至本次股东大会股权登记日，湖北万润新能源科技股份有限公司（以下简称"公司"） 回购专用账户中股份数为 2,916,614 股，不享有股东大会表决权。 （四） 表决方式是否符合《公司法》及公司章程的规定，大会主持情况等。 本次股东大会由公司董事会召集，董事长刘世琦先生主持， ...

Core Viewpoint - Wanrun New Energy has secured a significant contract with CATL for the supply of lithium iron phosphate, ensuring stable sales for the next five years [1][4]. Company Summary - Wanrun New Energy signed a business cooperation agreement with CATL to supply approximately 1.3231 million tons of lithium iron phosphate from May 1, 2025, to May 1, 2030, averaging about 264,600 tons per year [1]. - The total value of the order is estimated to exceed 42.3 billion yuan, contributing approximately 8.46 billion yuan in annual revenue, compared to the company's total revenue of 7.52 billion yuan last year [1]. - The company reported a 38.21% year-on-year decrease in revenue last year due to falling lithium iron phosphate prices, resulting in a net loss of 870 million yuan [4][5]. - Wanrun New Energy's sales to its top five customers accounted for 88.21% of total sales, indicating a high dependency on a few clients [4]. Industry Summary - Lithium iron phosphate is primarily used in lithium-ion batteries, with a market share exceeding 80% in domestic power batteries last year, and 92.5% in global energy storage batteries in 2024 [3]. - The order with Wanrun New Energy is the largest lithium iron phosphate order of the year, valued at four times the previous largest order signed by Longpan Technology with LG Energy [1][3]. - The lithium iron phosphate industry is currently in a profit recovery phase, with Wanrun New Energy's gross margin improving by 3.51 percentage points to 2.66% in Q1, although the company continues to incur losses [5]. - The demand for high-density lithium iron phosphate, particularly for fast-charging batteries, is increasing, with major battery manufacturers like CATL and BYD focusing on this segment [5].

北京市中伦律师事务所 关于湖北万润新能源科技股份有限公司 2024 年年度股东大会的 法律意见书 二〇二五年五月 北京市中伦律师事务所 关于湖北万润新能源科技股份有限公司 2024 年年度股东大会的 法律意见书 致：湖北万润新能源科技股份有限公司 北京市中伦律师事务所（以下简称"本所"）接受湖北万润新能源科技股份 有限公司（以下简称"公司"）的委托，指派本所律师对公司 2024 年年度股东大 会（以下简称"本次股东大会"）的合法性进行见证并出具法律意见。 本所及本所律师依据《中华人民共和国证券法》（以下简称"《证券法》"）、 《律师事务所从事证券法律业务管理办法》和《律师事务所证券法律业务执业规 则（试行）》等规定及本法律意见书出具日以前已经发生或者存在的事实，严格 履行了法定职责，遵循了勤勉尽责和诚实信用原则，进行了充分的核查验证，保 证本法律意见书所认定的事实真实、准确、完整，所发表的结论性意见合法、准 确，不存在虚假记载、误导性陈述或者重大遗漏，并承担相应法律责任。 本法律意见书根据《中华人民共和国公司法》（以下简称"《公司法》"）、《证 券法》、中国证券监督管理委员会《上市公司股东会规则》（以下简称" ...

证券代码：688275 证券简称：万润新能 公告编号：2025-020 湖北万润新能源科技股份有限公司 2024年年度股东大会决议公告 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） 股东大会召开的时间：2025 年 5 月 20 日 （二） 股东大会召开的地点：湖北省十堰市郧阳区茶店镇邦经路 55 号（郧阳区 纵一路与横二路交叉口西北 140 米）一楼会议室 （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 | 110 | | --- | --- | | 普通股股东人数 | 110 | | 2、出席会议的股东所持有的表决权数量 | 66,526,874 | | 普通股股东所持有表决权数量 | 66,526,874 | | 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比例（%） | 53.9983 | | 普通股股东所持有表决权数量占公司表决权数量的比例（ ...

Core Viewpoint - Wanrun New Energy (688275.SH) signed a significant supply agreement with CATL (300750) for lithium iron phosphate products, with an expected total supply of approximately 1.32 million tons from May 2025 to May 2030, marking the largest order in the lithium iron phosphate sector this year. However, the market response to this news was lukewarm, as indicated by the stock price movement [1]. Group 1: Agreement Details - The supply agreement with CATL is expected to secure an annual sales volume of 265,000 tons of lithium iron phosphate for Wanrun New Energy, exceeding the company's projected production and sales for 2024 [4]. - The total estimated value of the agreement could exceed 44.2 billion yuan, contributing approximately 8.8 billion yuan annually to Wanrun New Energy's revenue, which is significant compared to the company's total revenue forecast of 7.52 billion yuan for 2024 [4]. Group 2: Industry Context - The lithium iron phosphate industry is experiencing a significant increase in production, with a projected total output of 2.48 million tons in 2024, a year-on-year increase of 58.43%. Wanrun New Energy's production capacity is only 233,000 tons, ranking third in the industry [1]. - The industry is facing challenges with low profit margins, as evidenced by the leading company in the sector, Hunan Youneng, having a gross margin of only 7.63% for lithium iron phosphate products, while Wanrun New Energy's gross margin is as low as 0.08% [2]. Group 3: Financial Performance - Despite a revenue of over 7.2 billion yuan from lithium iron phosphate, Wanrun New Energy's gross profit was only 5.87 million yuan, indicating that the profitability is lower than that of some by-products [6]. - The company has been experiencing continuous losses for nine consecutive quarters, even with a significant increase in production and sales volume [6]. Group 4: Cost Management - In response to the financial pressures, Wanrun New Energy is actively working to reduce costs through various operational improvements and efficiency measures across its factories [7]. - However, the low gross margins in the lithium iron phosphate sector are a common issue, and internal cost-cutting measures alone may not be sufficient to achieve profitability without a substantial improvement in supply-demand dynamics [7].

Group 1 - Hongjing Technology signed a service contract for an intelligent computing project with a total amount of 597 million yuan, valid for 5 years [1] - Weifu High-Tech's subsidiary invested 220 million yuan to establish a joint venture with Shanghai Baolong Automotive Technology [2] - Zhongshan Public received approval for the registration of short-term financing bonds amounting to 2 billion yuan and medium-term notes of 3 billion yuan [3] Group 2 - Lianhua Technology established a venture capital fund with a total commitment of 200 million yuan, contributing 100 million yuan as a limited partner [4] - Changan Technology's shareholder signed an agreement to transfer 6.27% of the company's shares to Hefei State Capital Venture Investment [6] - Hangzhou Garden announced a cash dividend of 0.5 yuan per 10 shares, totaling 6.62 million yuan [8] Group 3 - Huamao Technology plans to acquire 100% equity of Fuchuang Youyue, leading to a temporary suspension of its stock [9] - Zhuojin Co. won a bid for a soil remediation project in Hefei with a contract value of 67.68 million yuan [10] - Shanghai Pharmaceuticals received FDA approval for two drugs, enhancing its product portfolio [10] Group 4 - Fuxing Pharmaceutical's senior vice president resigned for personal reasons [12] - Baolong Technology's subsidiary plans to invest 180 million yuan in a joint venture [13] - ST Zhongdi intends to utilize surplus funds from a project company, with a maximum of 106 million yuan [14] Group 5 - Nanchao Food reported a significant decline in net profit for April, down 82.14% year-on-year [16] - Changshan Pharmaceutical received a drug registration certificate in Belarus for a new product [18] - Nanshan Aluminum established a wholly-owned subsidiary for photovoltaic energy projects with an investment of 5 million yuan [20] Group 6 - Bozhong Precision announced the resignation of a director and deputy general manager [22] - Xinjiang Jiaojian won a bid for a highway construction project valued at 451 million yuan [23] - Guangzhou Restaurant declared a cash dividend of 0.48 yuan per share, totaling 273 million yuan [25] Group 7 - Weili Medical's subsidiary obtained a medical device operating license, allowing it to engage in wholesale activities [27] - New Australia Co. announced a cash dividend of 0.3 yuan per share, totaling 219 million yuan [28] - Lianhua Technology's subsidiary entered the new third board innovation layer [29] Group 8 - Huaxi Energy's chairman resigned due to personal reasons [31] - Yipin Hong plans to use up to 500 million yuan of idle funds for cash management [33] - Shouhua Gas intends to purchase bauxite resources through market means [34] Group 9 - Jincheng signed a service agreement for underground mining operations at the Komakau Copper Mine, valued at approximately 805 million USD [34] - Wanrun New Energy signed a supply contract with CATL for lithium iron phosphate products, with a total supply of about 1.32 million tons [35] - Weili plans to transfer 100% equity of a subsidiary to Chengfa Environment for 100 million yuan [36] Group 10 - Zhenlei Technology's subsidiary received government subsidies of 2.21 million yuan, positively impacting profits [38] - Weir shares plan to change their name to "Haowei Group" to reflect strategic direction [39] - YTO Express reported a revenue increase of 16.32% in April, totaling 5.755 billion yuan [39]

Group 1: Industry Events - The 2025 High-Performance Sodium Battery Industry Summit is scheduled for June 9, 2025, at the Shangri-La Hotel in Suzhou, organized by GGII and sponsored by Zhongna Energy [2] - The 2025 High-Performance Solid-State Battery Technology and Application Summit will take place on June 10, 2025, at the same venue, organized by GGII and sponsored by Liyuanheng [2] Group 2: Company Developments - Tianneng Co. has launched a solid-state battery solution for drones, featuring the "Chasing Wind" series solid-state batteries that outperform traditional liquid batteries, enhancing performance for low-altitude flying vehicles [3] - Tianqi Lithium's new production capacity for battery-grade lithium carbonate is set to be established in Jiangsu, with an annual output of 26,000 tons [5] - Baishike New Energy has initiated a project in Huai'an, Jiangsu, with a total investment of 3.2 billion yuan, aimed at processing 300,000 tons of retired power batteries annually and producing 20,000 tons of battery-grade lithium carbonate and 100,000 tons of regenerated battery-grade lithium iron phosphate [7] - Wanrun New Energy has signed a five-year supply contract with CATL for approximately 1.32 million tons of lithium iron phosphate products, with a commitment to monthly procurement of at least 80% of the agreed amount [9] - Sinopec has signed a cooperation agreement with several steel companies for the supply of needle coke for graphite electrodes, aiming to enhance the application of high-end needle coke produced by Sinopec [10]

Core Viewpoint - Wanrun New Energy has signed an agreement with CATL to supply approximately 1.32 million tons of lithium iron phosphate products from May 2025 to 2030, indicating a strong long-term partnership in the new energy market [1][2]. Group 1: Company Overview - Wanrun New Energy primarily produces cathode materials and precursors for lithium-ion power batteries and energy storage batteries, focusing on lithium iron phosphate and iron phosphate [2]. - In 2023, Wanrun New Energy's lithium iron phosphate shipment volume was 228,200 tons, generating sales revenue of approximately 7.267 billion yuan, accounting for 98.93% of its main business revenue [1]. Group 2: Financial Performance - In 2024, Wanrun New Energy reported operating revenue of 7.523 billion yuan, a year-on-year decrease of 38.21%. However, in the first quarter of 2025, revenue reached 2.278 billion yuan, reflecting a significant year-on-year increase of 97.30% [2]. Group 3: Market Dynamics - The demand for lithium iron phosphate is increasing, driven by the energy storage market, making it a preferred technology route for domestic and international automakers [2]. - CATL has been actively signing supply agreements with various automakers, including a five-year supply agreement with Ford and a memorandum of cooperation with Honda China, indicating a robust demand for lithium iron phosphate batteries [2].