Group 1 - On August 4, a total of 10 companies had their restricted shares unlocked, with a total unlock volume of 1.092 billion shares, equating to a market value of 9.022 billion yuan at the latest closing price [1] - Four companies had unlock volumes exceeding 10 million shares, with Bubu Gao, Joy City, and Feiwo Tai leading in unlock volume at 561 million shares, 283 million shares, and 209 million shares respectively [1] - In terms of unlock market value, four companies had unlock values exceeding 100 million yuan, with Feiwo Tai, Bubu Gao, and West Test leading at 3.639 billion yuan, 2.757 billion yuan, and 1.201 billion yuan respectively [1] Group 2 - Four companies had an unlock ratio exceeding 10% of their total share capital, with Feiwo Tai, West Test, and Bubu Gao having the highest unlock ratios at 62.16%, 22.54%, and 20.88% respectively [1]

Market Performance - The electronic chemicals sector declined by 1.53% on July 31, with Rongda Photoelectric leading the drop [1] - The Shanghai Composite Index closed at 3573.21, down 1.18%, while the Shenzhen Component Index closed at 11009.77, down 1.73% [1] Stock Performance - Siquan New Materials (301489) saw a significant increase of 20.00%, closing at 103.66 with a trading volume of 66,300 shares and a transaction value of 667 million [1] - Tiancheng Technology (688603) increased by 1.97%, closing at 65.26 with a trading volume of 98,000 shares and a transaction value of 659 million [1] - Other notable performances include Tongyu New Materials (301630) up by 0.91%, Guanghua Technology (002741) up by 0.61%, and Zhongshi Technology (300684) up by 0.50% [1] Capital Flow - The electronic chemicals sector experienced a net outflow of 795 million from institutional investors, while retail investors saw a net inflow of 851 million [3] - Speculative funds had a net outflow of 56.71 million [3]

Core Viewpoint - The report outlines the verification opinion of China International Capital Corporation regarding the listing and circulation of restricted shares for Jiangsu Favored Tech Nano Technology Co., Ltd, indicating compliance with relevant regulations and the upcoming release of a significant number of shares [1][4]. Group 1: Restricted Shares Details - The restricted shares being listed for circulation amount to 208,533,334 shares, representing 62.16% of the company's total share capital [4][6]. - The lock-up period for these shares was set at 36 months from the date of the company's initial public offering, which took place on August 2, 2022 [1][4]. - The sole shareholder of these restricted shares is Favored Tech Corporation Limited, which has adhered to the lock-up commitments [2][4]. Group 2: Compliance and Commitments - Favored Tech Corporation Limited has committed not to transfer or manage the shares during the lock-up period and has agreed to extend the lock-up period by an additional 6 months if certain price conditions are met [2][3]. - The company has confirmed that there have been no changes in share capital due to profit distribution or other factors since the formation of the restricted shares [1][4]. - The verification opinion states that the company has fulfilled all relevant commitments and that the information disclosed regarding the restricted shares is accurate and complete [4][5]. Group 3: Future Circulation - The listing date for the restricted shares is set for August 4, 2025, marking the end of the lock-up period [4][6]. - The total number of restricted shares that will be available for circulation is 208,533,334, with no remaining restricted shares after this listing [4][6].

Core Viewpoint - The announcement details the upcoming release of 208,533,334 restricted shares of Jiangsu Favored Tech Corporation Limited, which will be available for trading starting August 4, 2025, following a 36-month lock-up period since the company's initial public offering [1][2]. Group 1: Listing Details - The total number of shares to be listed is 208,533,334, representing 62.16% of the company's total share capital [2][5]. - The shares are part of the company's initial public offering, which was approved by the China Securities Regulatory Commission on May 23, 2022 [1][2]. - The shares will be available for trading on the Shanghai Stock Exchange's Sci-Tech Innovation Board [1]. Group 2: Lock-up Period and Shareholder Commitments - The lock-up period for the restricted shares was set at 36 months from the date of the company's initial public offering [2][5]. - The sole shareholder of the restricted shares, Favored Tech Corporation Limited, has committed to not reducing their holdings during the lock-up period and has outlined specific conditions under which the lock-up may be extended [3][4]. Group 3: Compliance and Verification - The company has confirmed that there are no changes in share capital due to profit distribution or other factors since the formation of the restricted shares [2][5]. - The underwriter has verified that the company has complied with all relevant laws and regulations regarding the release of restricted shares [5].

本次上市流通的部分限售股属于首次公开发行限售股份，自公司首次公开发行股票 限售股形成至本核查意见披露日，公司未发生因利润分配、公积金转增导致股本数量变 化的情况。 中国国际金融股份有限公司 关于江苏菲沃泰纳米科技股份有限公司 首次公开发行部分限售股上市流通的核查意见 中国国际金融股份有限公司（以下简称"保荐机构"）作为江苏菲沃泰纳米科技股份 有限公司（以下简称"菲沃泰"、"公司"）首次公开发行的保荐机构，根据《上海证券交 易所上市公司自律监管指引第 11 号——持续督导》《上海证券交易所科创板股票上市 规则》等有关法律法规和规范性文件的要求，对菲沃泰首次公开发行部分限售股上市流 通事宜进行了核查，发表核查意见如下： 一、本次上市流通的限售股类型 经中国证券监督管理委员会 2022 年 5 月 23 日出具的《关于同意江苏菲沃泰纳米 科技股份有限公司首次公开发行股票注册的批复》（证监许可〔2022〕1078 号），同意 江苏菲沃泰纳米科技股份有限公司首次公开发行股票的注册申请。公司首次公开发行人 民币普通股（A）股 83,868,089 股，并于 2022 年 8 月 2 日在上海证券交易所科创板上 市，发行完 ...

首次公开发行部分限售股上市流通公告 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。 证券代码：688371 证券简称：菲沃泰 公告编号：2025-038 江苏菲沃泰纳米科技股份有限公司 重要内容提示： 本次股票上市类型为首发限售股份；股票认购方式为网下，上市股数为 208,533,334股。本公司确认，上市流通量等于该限售期的全部股份数量。 一、本次上市流通的限售股类型 经中国证券监督管理委员会 2022 年 5 月 23 日出具的《关于同意江苏菲沃泰 纳米科技股份有限公司首次公开发行股票注册的批复》（证监许可〔2022〕1078 号）， 同意江苏菲沃泰纳米科技股份有限公司（以下简称"公司"）首次公开发行股票的注 册申请。公司首次公开发行人民币普通股（A）股 83,868,089 股，并于 2022 年 8 月 2 日在上海证券交易所科创板上市，发行完成后总股本为 335,472,356 股，其中 有限售条件流通股 260,980,728 股，无限售条件流通股 74,491,628 股。 本次上市流通的限售股为公司首次公开 ...

Investment Rating - The report initiates coverage with a "Buy" rating for the company [5]. Core Insights - The company is a leading player in the domestic nano-coating industry, focusing on customized nano-film products and equipment, achieving breakthroughs across multiple fields [1][3]. - The demand for nano-films is expected to grow significantly, driven by innovations in various industries, including consumer electronics, automotive, and healthcare [2][28]. - The company has established a strong market presence by becoming a core supplier for major global clients, including Apple and Xiaomi, and has successfully penetrated both domestic and international markets [11][19]. Summary by Sections 1. Company Overview - Founded in August 2016, the company has developed into a global leader in the nano-coating field, focusing on high-performance, multifunctional nano-films and related services [10][14]. - The company has achieved significant recognition from major clients, having provided nano-coating protection for over 1 billion mobile devices and 700 million earphones [11][19]. 2. Industry Trends - The global nano-film market was valued at approximately $14.18 billion in 2023 and is projected to exceed $66.35 billion by the end of 2032, with a CAGR of 18.7% from 2023 to 2032 [2][45]. - The rise of the Internet of Things (IoT) is expanding the application scenarios for nano-films across various electronic products [42][45]. 3. Technological Capabilities - The company has developed a comprehensive set of core technologies in nano-coating, including equipment manufacturing, material formulation, and customized services, successfully breaking foreign technology monopolies [3][57]. - The company’s proprietary nano-coating equipment has achieved mass production and is designed to meet diverse customer needs, enhancing production efficiency and product quality [57][58]. 4. Financial Projections - The company is expected to see revenue growth from 4.79 billion yuan in 2024 to 11.96 billion yuan by 2027, with net profit projected to increase from 0.45 billion yuan to 2.23 billion yuan during the same period [4][19]. - The earnings per share (EPS) is forecasted to rise from 0.23 yuan in 2025 to 0.66 yuan in 2027, reflecting a positive outlook for the company's financial performance [4][19].

Summary of Key Points Core Viewpoint - The company, Jiangsu Feiwo Tai Nano Technology Co., Ltd., has announced a share repurchase plan aimed at enhancing shareholder value and implementing an employee stock ownership plan. Group 1: Share Repurchase Plan - The repurchase plan was first disclosed on August 6, 2024, proposed by the actual controller and chairman, Mr. Zong Jian [1] - The implementation period for the repurchase is 12 months following board approval [1] - The expected repurchase amount ranges from 50 million to 100 million RMB [1] - The maximum repurchase price is set at 19.00 RMB per share [1] - The repurchased shares will be used for employee stock ownership plans or equity incentives [1] Group 2: Implementation Details - As of the announcement date, the company has completed the share repurchase, acquiring a total of 4,658,312 shares, which represents 1.3886% of the total share capital [3] - The total amount spent on the repurchase was approximately 50.20 million RMB, with a price range of 8.61 RMB to 17.73 RMB per share [3] - The repurchase was conducted in compliance with relevant laws and regulations, and the execution of the plan aligns with the originally disclosed terms [3][4] Group 3: Shareholder Structure and Future Plans - The repurchased shares are stored in a dedicated repurchase account and will be used for equity incentives [4] - If the shares are not transferred within three years after the announcement of the repurchase results, they will be legally canceled [4] - The company will continue to adhere to the regulations regarding share repurchases and will disclose information in a timely manner [5]

证券代码：688371 证券简称：菲沃泰 公告编号：2025-037 江苏菲沃泰纳米科技股份有限公司 关于股份回购实施结果暨股份变动的公告 | 回购方案首次披露日 | 2024/8/6，由实际控制人、董事长、总经理宗坚先 | | --- | --- | | | 生提议 | | 回购方案实施期限 | 待董事会审议通过后 个月 12 | | 预计回购金额 | 5,000万元~10,000万元 | | 回购价格上限 | 19.00元/股 | | 回购用途 | □减少注册资本 √用于员工持股计划或股权激励 □用于转换公司可转债 | | | □为维护公司价值及股东权益 | | 实际回购股数 | 465.8312万股 | | 实际回购股数占总股本比例 | 1.3886% | | 实际回购金额 | 5,020.26万元 | | 实际回购价格区间 | 8.61元/股~17.73元/股 | 一、 回购审批情况和回购方案内容 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： 详 细 内 容 请 见 公 司 于 2024 年 10 月 ...

江苏菲沃泰纳米科技股份有限公司 证券代码：688371 证券简称：菲沃泰 公告编号：2025-036 关于 2025 年股票期权激励计划授予登记完成的公告 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： 股票期权授予登记人数：15 人 根据江苏菲沃泰纳米科技股份有限公司（以下简称"公司"或"菲沃泰"）2024 年年度股东会的授权，公司于 2025 年 5 月 21 日召开第二届董事会薪酬与考核委 员会第七次会议、第二届董事会第十四次会议，分别审议通过了《关于向 2025 年股票期权激励计划激励对象授予股票期权的议案》。根据《上市公司股权激励 管理办法》及上海证券交易所、中国证券登记结算有限责任公司上海分公司有关 规定，公司已完成 2025 年股票期权激励计划（以下简称"本激励计划"）授予 登记工作，现将有关情况公告如下： 一、本次股票期权授予已履行的决策程序和信息披露情况 1、2025 年 4 月 29 日，公司第二届董事会薪酬与考核委员会第六次会议拟 定《关于<公司 2025 年股票期权激励计划（草案）> ...