国泰海通证券股份有限公司关于江苏联瑞新材料股份有限公司 使用部分暂时闲置募集资金进行现金管理的核查意见 国泰海通证券股份有限公司（以下简称"国泰海通"或"保荐机构"）作为 江苏联瑞新材料股份有限公司（以下简称"联瑞新材"或"公司"）向不特定对 象发行可转换公司债券保荐机构，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》等有关规定，对公司 使用部分暂时闲置募集资金进行现金管理的事项进行了核查，具体情况如下： 一、募集资金基本情况 根据中国证券监督管理委员会出具的《关于同意江苏联瑞新材料股份有限公 司向不特定对象发行可转换公司债券注册的批复》（证监许可〔2025〕2577号）， 江苏联瑞新材料股份有限公司（以下简称"公司"）向不特定对象发行 695,000,000.00元的可转换公司债券，期限6年，每张面值人民币100元，发行数 量6,950,000 张（695,000手）。本次发行的募集资金总额为人民币695,000,000.00 元，扣除发行费用总额人民币6,345,047.16元（不含税） ...

国泰海通证券股份有限公司关于江苏联瑞新材料股份有限公司 使用部分募集资金向全资子公司增资以实施募投项目的 核查意见 国泰海通证券股份有限公司（以下简称"国泰海通"或"保荐机构"）作为 江苏联瑞新材料股份有限公司（以下简称"联瑞新材"或"公司"）向不特定对 象发行可转换公司债券的保荐机构，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》等有关规定，对公司使 用部分募集资金向全资子公司增资以实施募投项目的事项进行了审慎核查，核查 情况如下： 一、募集资金基本情况 根据中国证券监督管理委员会出具的《关于同意江苏联瑞新材料股份有限公 司向不特定对象发行可转换公司债券注册的批复》（证监许可〔2025〕2577号）， 江苏联瑞新材料股份有限公司向不特定对象发行695,000,000.00元的可转换公司 债券，期限6年，每张面值人民币100元，发行数量6,950,000张（695,000手）。本 次发行的募集资金总额为人民币695,000,000.00元，扣除发行费用总额人民币 6,345,047.16元（ ...

江苏联瑞新材料股份有限公司 证券代码：688300 证券简称：联瑞新材 公告编号：2026-010 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： 投资种类：购买安全性高、流动性好、能够保障投资本金安全的产品（包 括但不限于结构性存款，协定存款，定期存款，大额存单等银行理财产品）。 投资金额：人民币 6 亿元（含）。 关于使用部分暂时闲置募集资金 进行现金管理的公告 1 695,000,000.00 元，扣除发行费用总额人民币 6,345,047.16 元（不含税）后， 实际募集资金净额为人民币 688,654,952.84 元。 已履行的审议程序：江苏联瑞新材料股份有限公司于 2026 年 1 月 19 日 召开第四届董事会第十八次会议，审议通过了《关于使用部分暂时闲置募集资金 进行现金管理的议案》，保荐人国泰海通证券股份有限公司对该事项出具了明确 同意的核查意见。该事项在董事会审批权限范围内，无需提交股东会审议。 特别风险提示：尽管公司拟投资安全性高、流动性好、期限不超过 12 个 月（含）的投资产品， ...

证券代码：688300 证券简称：联瑞新材 公告编号：2026-008 江苏联瑞新材料股份有限公司 关于开立募集资金专项账户并签署募集资金专户 存储监管协议的公告 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。 根据中国证券监督管理委员会出具的《关于同意江苏联瑞新材料股份有限公 司向不特定对象发行可转换公司债券注册的批复》（证监许可〔2025〕2577 号）， 江苏联瑞新材料股份有限公司（以下简称"公司"或"联瑞新材"）向不特定对 象发行 695,000,000.00 元的可转换公司债券，期限 6 年，每张面值人民币 100 元，发行数量 6,950,000 张（695,000 手）。本次发行的募集资金总额为人民币 695,000,000.00 元，扣除发行费用总额人民币 6,345,047.16 元（不含税）后， 实际募集资金净额为人民币 688,654,952.84 元。 上述募集资金已于 2026 年 1 月 14 日全部到位，经华兴会计师事务所（特殊 普通合伙）审验并于 2026 年 1 月 15 日出具了华兴验字 ...

证券代码：688300 证券简称：联瑞新材 公告编号：2026-009 本次增资完成后，连云港联瑞的注册资本将由 35,000 万元增加至 59,000 万 元，仍为公司全资子公司。上述事项无需提交公司股东会审议，公司保荐机构国 泰海通证券股份有限公司（以下简称"保荐机构"）对本事项出具了明确的核查 意见。相关事项公告如下： 江苏联瑞新材料股份有限公司 关于使用部分募集资金向全资子公司增资 以实施募投项目的公告 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。 江苏联瑞新材料股份有限公司（以下简称"公司"或"联瑞新材"）于 2026 年 1 月 19 日召开第四届董事会第十八次会议，审议通过了《关于使用部分募集 资金向全资子公司增资以实施募投项目的议案》，同意公司使用部分募集资金 24,000 万元向全资子公司联瑞新材（连云港）有限公司（以下简称"连云港联 瑞"）增资以实施"高导热高纯球形粉体材料项目"。 一、募集资金基本情况 根据中国证券监督管理委员会出具的《关于同意江苏联瑞新材料股份有限公 司向不特定对象发行可转换公司债 ...

Company Performance - Lianrui New Materials' stock price reached a historical high, increasing by 4.78% to 70.99 yuan, with a trading volume of 882,100 shares and a transaction amount of 61.95 million yuan, resulting in a turnover rate of 0.37% [2] - The company's latest A-share total market capitalization is 17.142 billion yuan, with a circulating market capitalization also at 17.142 billion yuan [2] - For the first three quarters, the company achieved an operating income of 824 million yuan, representing a year-on-year growth of 18.76%, and a net profit of 220 million yuan, with a year-on-year increase of 19.01% [2] - The basic earnings per share is 0.9100 yuan, and the weighted average return on equity is 14.05% [2] Industry Overview - The basic chemical industry, to which Lianrui New Materials belongs, has an overall decline of 0.28%, with 178 stocks rising, including Jin Hua New Materials, Yongtai Technology, and Fengmao Co., which increased by 6.00%, 5.55%, and 5.15% respectively [2] - Conversely, 234 stocks in the industry experienced declines, with three stocks, including Shenjian Co. and Jinpu Titanium Industry, hitting the daily limit down [2] Margin Trading Data - As of January 16, the latest margin trading balance for Lianrui New Materials is 400 million yuan, with a financing balance of 399 million yuan, reflecting an increase of 61.6389 million yuan over the past 10 days, which is a growth of 18.24% [2]

Investment Rating - The report maintains a "Strong Buy" rating for the oil and petrochemical sector [1]. Core Viewpoints - The uncertainty in the Middle East has increased, leading to a short-term strong fluctuation in oil prices. WTI crude futures closed up by 1.02% and Brent oil futures by 1.87% during the week of January 9 to January 16, 2026 [6]. - Geopolitical tensions, particularly involving Iran and the U.S., are significant factors affecting oil prices. Iran's oil inventory has reached record levels, equivalent to about 50 days of production, due to Western sanctions [6]. - The fluorochemical sector is expected to maintain high prosperity due to supply quota constraints and favorable demand driven by policy support. The production quota for HFCs in 2026 has increased by 5,963 tons year-on-year [6]. Summary by Sections Oil and Petrochemical - The report highlights the increased uncertainty in the Middle East, which is likely to impact oil prices in the short term. The geopolitical situation, including U.S. sanctions and military movements, is a critical factor [6][7]. - The report notes that domestic oil companies are diversifying their oil sources and integrating upstream and downstream operations to mitigate the impact of volatile international oil prices [7]. Fluorochemical - The fluorochemical sector is experiencing a favorable environment due to supply constraints and policy-driven demand. The production quotas for HFCs have been adjusted, with significant increases in specific categories [6][7]. - The report indicates that the demand for refrigerants is expected to grow, supported by national subsidy policies, with production of household air conditioners projected to increase by 11% year-on-year in January 2026 [6]. Semiconductor Materials - The semiconductor materials sector is on an upward cycle, with improving fundamentals and domestic substitution trends. The report suggests that there is potential for further price increases in this sector [7].

Group 1 - The non-metal materials sector increased by 0.55% on January 16, with Lianrui New Materials leading the gains [1] - The Shanghai Composite Index closed at 4101.91, down 0.26%, while the Shenzhen Component Index closed at 14281.08, down 0.18% [1] - Lianrui New Materials had a closing price of 67.75, up 4.80%, with a trading volume of 84,900 shares and a transaction value of 565 million yuan [1] Group 2 - The non-metal materials sector experienced a net outflow of 18.35 million yuan from institutional funds and 15.77 million yuan from retail funds, while individual investors saw a net inflow of 34.12 million yuan [2] - The trading data for individual stocks in the non-metal materials sector shows varied performance, with Lianrui New Materials and Changjiang Materials seeing significant trading volumes and price changes [2][3] - Lianrui New Materials had a net outflow of 24.34 million yuan from institutional funds, while Changjiang Materials saw a net inflow of 17.35 million yuan [3]

Group 1 - The core point of the news is that Lianrui New Materials Co., Ltd. experienced a stock price increase of 5.17%, reaching 67.99 CNY per share, with a total market capitalization of 16.417 billion CNY [1] - The company, established on April 28, 2002, and listed on November 15, 2019, specializes in the research, manufacturing, and sales of inorganic fillers and granular carrier products [1] - The main revenue composition of the company includes spherical inorganic powder at 57.16%, angular inorganic powder at 26.39%, and other products at 16.32% [1] Group 2 - According to data, a fund under People's Insurance Asset has heavily invested in Lianrui New Materials, with the People's Insurance Select Mixed A Fund (005041) increasing its holdings by 9,870 shares, totaling 45,000 shares, which represents 3.04% of the fund's net value [2] - The People's Insurance Select Mixed A Fund has achieved a year-to-date return of 8.42% and a one-year return of 39.62%, ranking 1541 out of 8847 and 3227 out of 8094 in its category, respectively [2] - The fund manager, Wu Ruozong, has been in position for 3 years and 63 days, with the best fund return during his tenure being 69.55% [3]

Core Viewpoint - Lianrui New Materials Co., Ltd. has shown a positive stock performance and financial growth, with significant increases in revenue and net profit year-on-year, indicating a strong market position in the inorganic filler and particle carrier industry. Financial Performance - As of September 30, 2025, Lianrui New Materials achieved operating revenue of 824 million yuan, representing a year-on-year growth of 18.76% [2] - The net profit attributable to shareholders reached 220 million yuan, reflecting a year-on-year increase of 19.01% [2] Stock Performance - On January 16, Lianrui's stock price increased by 2.06%, reaching 65.98 yuan per share, with a total market capitalization of 15.932 billion yuan [1] - The stock has risen by 6.27% since the beginning of the year, with a 3.01% increase over the last five trading days, an 11.79% increase over the last 20 days, and an 18.37% increase over the last 60 days [1] Shareholder Information - As of September 30, 2025, the number of shareholders increased to 11,000, up by 42.50%, while the average circulating shares per person decreased by 29.82% to 22,029 shares [2] - The company has distributed a total of 381 million yuan in dividends since its A-share listing, with 242 million yuan distributed over the past three years [3] Major Shareholders - Hong Kong Central Clearing Limited is the eighth largest circulating shareholder, holding 1.6654 million shares as a new shareholder [3] - Guoshou Anbao Smart Life Stock A is the ninth largest circulating shareholder, holding 1.3406 million shares, a decrease of 11,000 shares from the previous period [3]