Core Viewpoint - The company is focusing on the sustainable aviation fuel (SAF) sector, particularly in developing key catalytic materials for the production process, indicating a strategic shift towards market-driven growth in the SAF industry [2]. Group 1: Company Positioning in SAF - The company is primarily engaged in the core catalytic materials segment of the SAF field, specifically developing molecular sieve catalysts needed for the isomerization and de-waxing processes in SAF production [2]. - The company has completed the development and reserve of various molecular sieve materials, with catalysts performing well in long-term industrial tests, meeting development expectations [2]. - The company does not directly produce SAF fuel but aims to provide high-performance, import-substitutable catalytic materials to SAF producers and related technology firms [2]. Group 2: Strategic Outlook - The company believes that the SAF industry is at a critical stage transitioning from policy-driven initiatives to market implementation, with ongoing improvements in industry conditions [2]. - The company plans to increase its research and development investment in renewable resources, leveraging its core advantages in molecular sieve material development and large-scale production to promote the industrial application of products in SAF and other clean energy sectors [2].

Core Viewpoint - The company is actively engaged in the sustainable aviation fuel (SAF) sector, focusing on the development of molecular sieve catalysts for the isomerization and de-waxing processes in SAF production [1] Summary by Categories Company Developments - The company has not yet received any specific government subsidies or awards related to its SAF research projects [1]

Core Viewpoint - The company is focusing on the sustainable aviation fuel (SAF) sector, particularly in the development of molecular sieve catalysts necessary for the isomerization and de-waxing processes in SAF production [1] Group 1: Company Strategy and Focus - The company has completed the development and reserve of various molecular sieve materials, with catalysts performing well in long-term industrial raw material operations [1] - The company does not directly produce SAF fuel but aims to provide high-performance, import-substitutable key catalytic materials for SAF production enterprises and related technology providers [1] - The company plans to increase R&D investment in renewable resources, leveraging its core advantages in molecular sieve material development and large-scale production to promote industrial applications in SAF and other clean energy sectors [1] Group 2: Industry Outlook - The SAF industry is transitioning from being policy-driven to market-oriented, with continuous improvement in industry prosperity [1]

Market Overview - The chemical products sector experienced a decline of 2.28% on October 17, with Brother Technology leading the drop [1] - The Shanghai Composite Index closed at 3839.76, down 1.95%, while the Shenzhen Component Index closed at 12688.94, down 3.04% [1] Stock Performance - Notable gainers in the chemical products sector included: - Boyuan Co., Ltd. (301617) with a closing price of 94.50, up 13.07% [1] - Zhengmu Co., Ltd. (300641) with a closing price of 22.60, up 3.86% [1] - Sait New Materials (688398) with a closing price of 20.67, up 3.66% [1] - Conversely, Brother Technology (002562) saw a significant decline, closing at 7.26, down 7.16% [2] Capital Flow - The chemical products sector experienced a net outflow of 1.105 billion yuan from major funds, while retail investors saw a net inflow of 969 million yuan [2] - The overall capital flow indicates a mixed sentiment, with institutional investors pulling back while retail investors increased their positions [2] Individual Stock Capital Flow - Key stocks with notable capital flows included: - Saint Qijia (002407) with a net inflow of 124 million yuan from major funds [3] - Boyuan Co., Ltd. (301617) had a net inflow of 84.21 million yuan from major funds [3] - Zhengmu Co., Ltd. (300641) saw a net inflow of 35.59 million yuan from major funds [3]

Group 1 - The core point of the news is that Jianlong Micro-Nano has experienced a decline in stock price, dropping by 5.2% to 35.72 CNY per share, with a total market capitalization of 3.574 billion CNY [1] - Jianlong Micro-Nano specializes in the research, production, sales, and technical services of molecular sieve adsorbents and catalysts in various fields including medical oxygen, energy chemistry, environmental protection, energy-saving building materials, and refrigeration systems [1] - The company's main business revenue is entirely derived from product sales, accounting for 100% of its revenue [1] Group 2 - From the perspective of fund holdings, one fund under Caitong Fund has Jianlong Micro-Nano as a significant holding, with 1,000 shares representing 0.05% of the fund's net value [2] - The fund, Caitong Yixiang Steady Pension One-Year Holding Period Mixed Initiation (FOF) (021166), has a current scale of 54.72 million CNY and has achieved a year-to-date return of 6.84% [2] - The fund's performance ranks 722 out of 1,046 in its category this year, with a one-year return of 9.99%, ranking 633 out of 1,015 [2]

Core Viewpoint - The company has approved an increase in its cash management fund from 300 million yuan to a total of 400 million yuan, allowing for better utilization of idle funds while ensuring operational needs and safety [2][10]. Investment Overview - The purpose of the investment is to enhance fund utilization efficiency and increase returns for the company and its shareholders while ensuring normal operations and project funding [4]. - The additional cash management amount is 100 million yuan, bringing the total to 400 million yuan, which can be used in a rolling manner within this limit [5]. - The source of funds for this cash management is from temporarily idle self-owned funds [5]. Investment Method - The company will strictly control risks by investing in low to medium-risk financial products with high safety and liquidity, such as structured deposits, agreements, and time deposits [6]. - The cash management will not be used for securities investment purposes [6]. Investment Duration - The approval for cash management is valid for 12 months from the date of the board's resolution [9]. Approval Process - The board meeting held on October 16, 2025, approved the cash management proposal, allowing for the increase in the cash management limit [10]. Impact on the Company - The cash management will not affect the company's main business operations and is expected to improve the overall performance and returns for shareholders [16]. - The cash management may impact the balance sheet items such as "cash and cash equivalents" and "financial assets held for trading," as well as the income statement items like "financial expenses" and "investment income" [16].

Core Viewpoint - Jianlong Micro-Nano announced that its stock price has triggered the downward adjustment clause for the "Jianlong Convertible Bonds" as of October 16, 2025, but the company decided not to adjust the conversion price downward [2] Group 1 - The company held its 14th meeting of the 4th Board of Directors to review the situation regarding the convertible bonds [2] - The company will not propose a downward adjustment plan even if the adjustment conditions are triggered again within the next three months, from October 17, 2025, to January 16, 2026 [2]

| 证券代码：688357 | 证券简称：建龙微纳 | 公告编号：2025-054 | | --- | --- | --- | | 转债代码：118032 | 转债简称：建龙转债 | | 截至 2025 年 10 月 16 日，洛阳建龙微纳新材料股份有限公司（以下简称 "公司"）股价已触发"建龙转债"转股价格向下修正条款。 经公司第四届董事会第十四次会议审议，决定本次不向下修正"建龙转债" 转股价格，同时在未来三个月内（即自本次触发修正条件的次一交易日 2025 年 10 月 17 日至 2026 年 1 月 16 日），如再次触发"建龙转债"转股价格向下修正条 件，亦不提出向下修正方案。 一、可转换公司债券基本情况 洛阳建龙微纳新材料股份有限公司 关于不向下修正"建龙转债"转股价格的公告 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： （一）经中国证券监督管理委员会出具的《关于同意洛阳建龙微纳新材料股 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[2023]267 号），公司于 2023 ...

证券代码：688357 证券简称：建龙微纳 公告编号：2025-055 转债代码：118032 转债简称：建龙转债 洛阳建龙微纳新材料股份有限公司 关于追加使用自有资金进行现金管理的公告 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： 基本情况 | 投资金额 | 不超过人民币 40,000 万元 | | --- | --- | | 投资种类 | 安全性高、流动性好的中低风险理财产品 | | 资金来源 | 自有资金 | 已履行的审议程序 洛阳建龙微纳新材料股份有限公司（以下简称"公司"）于 2025 年 10 月 16 日召开第四届董事会第 14 次会议，审议通过了《关于追加使用自有资金进 行现金管理的议案》，同意公司结合实际情况，在保证日常经营资金需求和资 金安全的前提下，在原 30,000 万元现金管理额度的基础上，追加 10,000 万元 自有资金现金管理额度，合计不超过 40,000 万元（含本数）。 一、投资情况概述 （一）投资目的 在保证公司正常生产经营、项目建设等资金需求和资金安全的前提下，使用 部 ...

| 证券代码：688357 | 证券简称：建龙微纳 | 公告编号：2025-053 | | --- | --- | --- | | 转债代码：118032 | 转债简称：建龙转债 | | 1、因公司实施 2022 年年度权益分派，自 2023 年 6 月 8 日起，"建龙转债" 的转股价格由 123 元/股调整为 87.14 元/股。具体内容详见公司于 2023 年 6 月 2 日披露于上海证券交易所网站的《关于实施 2022 年年度权益分派调整"建龙转债" 转股价格的公告》（公告编号：2023-055）； 2、因公司完成了 2020 年限制性股票激励计划首次授予第三个归属期及预留 授予第二个归属期的归属登记手续，自 2024 年 2 月 1 日起，"建龙转债"的转股 价格由 87.14 元/股调整为 87.01 元/股。具体内容详见公司于 2024 年 1 月 31 日披 露于上海证券交易所网站的《关于"建龙转债"转股价格调整暨转股停牌的公告》 （公告编号：2024-006）； 3、因公司实施 2023 年年度权益分派，自 2024 年 5 月 24 日起，"建龙转债" 的转股价格由 87.01 元/股调整 ...