Overview - The silver powder and silver paste industry in China is experiencing rapid growth due to the development of downstream industries such as photovoltaics and electronic information. In 2024, silver powder production is expected to reach 13,465.8 tons, and silver paste production is projected to be 22,028.9 tons. The demand for silver powder is estimated at 16,445.3 tons, while silver paste demand is expected to be 22,037.1 tons. The market size for silver powder is projected to be 49.32 billion yuan, and for silver paste, it is expected to reach 122.13 billion yuan. The "dual carbon" goals are anticipated to further boost market demand in the photovoltaic sector [1][12]. Market Policies - The Chinese government has implemented various policies to support the development of the new energy industry, which indirectly benefits the silver powder and silver paste market. Key policies include guidelines for promoting photovoltaic power generation, managing land use, and enhancing renewable energy consumption. These initiatives create a broader market space for silver powder and silver paste in the photovoltaic sector [5][7]. Industry Chain - The silver powder and silver paste industry consists of an upstream segment that includes silver mining, silver recycling, and the production of glass oxides and organic solvents. The midstream involves the manufacturing of silver powder and silver paste, while the downstream applications primarily focus on photovoltaics and electronic information sectors, with photovoltaics being the most significant market for silver powder and paste [8][10]. Development Status - The silver powder and silver paste industry is in a golden period of rapid development, driven by the booming photovoltaic and electronic information sectors. In 2024, the silver powder market size is expected to reach 49.32 billion yuan, and the silver paste market size is projected to be 122.13 billion yuan. The growth in the clean energy sector is expected to further enhance the demand for silver powder and paste [12][14]. Competitive Landscape - The domestic market for silver powder and silver paste has historically been dominated by foreign companies, but local firms are increasingly breaking this monopoly through enhanced R&D and improved product quality. Key players in the industry include Suzhou Guder, Dike, Boqian New Materials, and others, primarily located in Jiangsu, Zhejiang, and Guangdong provinces. The trend indicates a growing market share for domestic products in the global market [16][18]. Industry Representative Companies - Dike Electronic Materials Co., Ltd. has become a leading supplier of photovoltaic metallization paste, significantly contributing to the domestic market's growth. In 2024, the company's revenue is expected to reach 15.35 billion yuan, with photovoltaic conductive silver paste accounting for 83.81% of its total revenue [18]. - Suzhou Guder Electronic Co., Ltd. is recognized as a pioneer in the domestic production of photovoltaic cell conductive paste, with a comprehensive product range. The company's revenue in 2024 is projected to be 5.638 billion yuan, with its new energy materials business contributing 4.609 billion yuan [20]. Development Trends - The silver powder and silver paste industry is expected to see continuous technological innovation, focusing on developing new high-efficiency conductive materials and techniques. There will be an emphasis on green production and circular economy practices, with companies increasing investments in environmentally friendly materials and processes to reduce pollution and enhance resource recycling [22].

Group 1 - The company Changzhou Juhe New Materials Co., Ltd. has applied for a patent for a low-temperature photovoltaic paste for full-open screen printing, indicating innovation in the photovoltaic conductive paste technology field [1] - The patent application was filed on February 2025, with the publication number CN120015396A, showcasing the company's commitment to research and development in advanced materials [1] - The composition of the photovoltaic paste includes 60-95wt% conductive powder, 1-20wt% first resin, 0.1-2.5wt% additives, 0-15wt% first solvent, 0.1-2.5wt% curing agent, and 0.1-5wt% nano carbon solution, highlighting the technical complexity and potential performance improvements of the product [1] Group 2 - Changzhou Juhe New Materials Co., Ltd. was established in 2015 and is primarily engaged in the manufacturing of computers, communications, and other electronic devices, indicating its focus on high-tech industries [2] - The company has a registered capital of 242.03 million RMB and has made investments in 18 enterprises, reflecting its active role in the market [2] - The company has participated in 90 bidding projects and holds 124 patents, demonstrating its strong innovation capabilities and competitive positioning in the industry [2]

议案 （三） 关于议案表决的有关情况说明 或股东代理人所持表决权的三分之二以上通过；其余议案均为普通决议议案，已 经出席本次股东大会的股东或股东代理人所持表决权的二分之一以上通过。 东、敖毅伟、OKAMOTO KUNINORI、宁波梅山保税港区鹏季企业管理合伙企业（有 限合伙）、宁波梅山保税港区鹏翼企业管理合伙企业（有限合伙）、宁波鹏曦企业 管理合伙企业（有限合伙）、宁波鹏骐企业管理合伙企业（有限合伙）已对议案 | 证券代码：688503 证券简称：聚和材料 公告编号：2025-026 | | | --- | --- | | 常州聚和新材料股份有限公司 | | | 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 | | | 66 （二） 股东大会召开的地点：常州市新北区浏阳河路 号公司会议室 | | | （三） 出席会议的普通股股东 ...

上海市广发律师事务所 关于常州聚和新材料股份有限公司 2024 年年度股东大会的 法律意见书 广发律师事务所 电话: 021-58358013 | 传真: 021-58358012 网址：http://www.gffirm.com| 电子信箱：gf@gffirm.com 办公地址：上海市浦东新区南泉北路 429 号泰康大厦 26 楼 | 邮政编码：200120 上海市广发律师事务所 关于常州聚和新材料股份有限公司 2024 年年度股东大会的法律意见书 致:常州聚和新材料股份有限公司 常州聚和新材料股份有限公司（以下简称"公司"）2024 年年度股东大会 于 2025 年 5 月 20 日在常州市新北区浏阳河路 66 号公司会议室召开 。上海市广 发律师事务所（以下简称"本所"）经公司聘请，委派邵彬律师、成赞律师出席 现场会议。根据《中华人民共和国公司法》（以下简称"《公司法》"）、《上 市公司股东会规则》（以下简称"《股东会规则》"）等法律法规、其他规范性 文件以及《常州聚和新材料股份有限公司章程》（以下简称"《公司章程》"） 的规定,就本次股东大会的召集和召开程序、召集人及出席会议人员的资格、会 议议案、表 ...

证券代码：688503 证券简称：聚和材料 公告编号：2025-026 常州聚和新材料股份有限公司 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：常州市新北区浏阳河路 66 号公司会议室 （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 | 83 | | --- | --- | | 普通股股东人数 | 83 | | 2、出席会议的股东所持有的表决权数量 | 68,821,859 | | 普通股股东所持有表决权数量 | 68,821,859 | | 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 | 29.9007 | | 例（%） | | | 普通股股东所持有表决权数量占公司表决权数量的比例（%） | 29.9007 | （四） 表决方式是否符合《公司法》及公 ...

内容概要：贵金属材料种类多样，且各具特色。贵金属包括金(Au)、银(Ag)、铂(Pt)、钯(Pd)、钌(Ru)、 铑(Rh)、铱(Ir)、锇(Os)八个元素。贵金属材料因其稀缺性、高耐腐蚀性和独特的物理化学性质，在工 业、科技、金融和奢侈品领域具有不可替代的作用，是科技、高端制造等产业重要的原材料。在黄金市 场方面，中国的黄金产量和消费量均位居世界前列。2024年，国内原料产金377.242吨，同比增长 0.56%；黄金消费量985.31吨，较2023年减少9.58%。随着全球经济的进一步复苏和金融市场的不确定性 持续存在，贵金属作为避险资产的需求将继续保持旺盛。同时，随着新能源、高科技等产业的快速发 展，贵金属在工业领域的应用也将不断拓展，为市场规模的增长提供新的动力。2024年中国稀贵金属产 业市场规模为17634.97亿元，较2023年增加1027.94亿元；预计2025年约为18733.71亿元。随着我国工业 发展迅速，贵金属材料需求持续增长，市场空间广阔。 上市企业：凯立新材(688269.SH)、凯大催化(830974.BJ)、苏州固锝(002079.SZ)、贵研铂业 (600459.SH)、福达 ...

Core Viewpoint - 聚和材料 is currently facing a decline in stock price, with a significant drop since its IPO, indicating potential challenges in market performance and investor confidence [1][2]. Group 1: Company Overview - 聚和材料 was listed on the Shanghai Stock Exchange's Sci-Tech Innovation Board on December 9, 2022, with an initial public offering (IPO) of 28 million shares at a price of 110.00 yuan per share [1]. - The total market capitalization of 聚和材料 is currently 7.975 billion yuan [1]. - The company raised a total of 308 million yuan from its IPO, with a net amount of 292.01 million yuan after deducting issuance costs [1]. Group 2: Financial Performance - The actual net fundraising amount exceeded the initial target by 189.33 million yuan, indicating strong investor interest at the time of the IPO [1]. - The company plans to use the raised funds for a project to produce 3,000 tons of conductive silver paste, upgrade its engineering technology center, and supplement working capital [1]. Group 3: Shareholder Returns - On May 19, 2023, 聚和材料 announced a profit distribution plan, distributing a cash dividend of 0.538 yuan per share and a capital reserve increase of 0.48 shares for every share held, totaling 60.21 million yuan in cash dividends and 53.72 million shares in capital increase [2]. - The total share capital after this distribution will be 165.63 million shares [2]. - For the 2023 annual profit distribution, the company plans to distribute a total of 180.04 million yuan in cash dividends, adjusting the per-share distribution to 1.13104 yuan [3].

根据《证券法》《证券发行上市保荐业务管理办法》和《上海证券交易所科 创板股票上市规则》等有关法律、法规的规定，国投证券股份有限公司（以下简 称"国投证券"或"保荐机构"）作为常州聚和新材料股份有限公司（以下简称 "聚和材料"或"公司"）首次公开发行股票并在科创板上市的保荐机构，负责 聚和材料上市后的持续督导工作，并出具本持续督导跟踪报告。 国投证券股份有限公司 关于常州聚和新材料股份有限公司 2024 年度持续督导跟踪报告 | 序号 | 工作内容 | 持续督导情况 | | --- | --- | --- | | 1 | 建立健全并有效执行持续督导工作制度， 并针对具体的持续督导工作制定相应的 | 保荐机构已建立健全并有效执行了持续 | | | 工作计划 | 督导工作制度，并制定了相应的工作计划 | | | 根据中国证监会相关规定，在持续督导工 | 保荐机构已与公司签订保荐协议，约定了 | | | 作开始前，与上市公司或相关当事人签署 | 保荐机构在持续督导期内，持续督导公司 | | 2 | 持续督导协议，明确双方在持续督导期间 | 规范运作、信守承诺和信息披露等义务， | | | 的权利义务，并报上海证券交易 ...

证券代码：688503 证券简称：聚和材料 常州聚和新材料股份有限公司 2024 年年度股东大会会议资料 2025 年 05 月 常州聚和新材料股份有限公司 2024 年年度股东大会会议资料目录 | 2024 | 年年度股东大会会议须知 | | 2 | | --- | --- | --- | --- | | 2024 | 年年度股东大会会议议程 | 4 | | | 2024 | 年年度股东大会会议议案 | 6 | | | | 议案一：关于 2024 | 年度董事会工作报告的议案 6 | | | | 议案二：关于 2024 | 年度监事会工作报告的议案 | 14 | | | 议案三：关于 2024 | 年度独立董事履职情况报告的议案 | 18 | | | 议案四：关于 2024 | 年度财务决算报告的议案 | 19 | | | 议案五：关于 2024 | 年年度报告及其摘要的议案 | 25 | | | 议案六：关于 2024 | 年度利润分配预案的议案 | 26 | | | 议案七：关于公司董事 | 2024 年度薪酬确认及 2025 年度薪酬方案的议案 | . 28 | | | 议案八：关于公司监事 | 20 ...

Core Insights - The average annual salary of A-share chairpersons shows a significant concentration in the range of 1 million to 2 million yuan, with 1,402 individuals, accounting for one-third of the total [1][4] - The total disclosed annual salary for 4,231 listed companies reached 5.789 billion yuan, with 13 chairpersons earning over 10 million yuan [1][4] - The number of chairpersons with annual salaries exceeding 10 million yuan has decreased from 27 in 2022 to 16 in 2023, and further down to 13 in 2024 [4] Salary Distribution - The top three highest-paid chairpersons are from the biopharmaceutical industry, with WuXi AppTec's chairman earning 41.8 million yuan, followed by Mindray Medical's chairman at 24.939 million yuan, and BeiGene's chairman at 20.1938 million yuan [2][3] - The salary distribution is characterized by an olive-shaped curve, with fewer individuals earning higher salaries; for instance, there are 381 individuals earning between 2 million and 3 million yuan, and only 67 earning between 4 million and 5 million yuan [6] Salary Changes - A total of 3,765 chairpersons had comparable salaries from 2023 to 2024, with 1,377 experiencing a decrease (37%) and 1,985 seeing an increase (58%) [8] - Notable salary reductions were observed among high-earning chairpersons, with some experiencing declines of over 90% due to poor company performance [9][10] Industry Performance - The salary trends reflect a dichotomy in industry performance, with high salaries in thriving sectors like media, electronics, and pharmaceuticals, while industries like real estate and finance are facing salary cuts [11][13] - The average salary for chairpersons in the media industry was 1.78 million yuan, the highest among 31 sectors, while the average salary in the construction and defense sectors was below 1 million yuan [12][13]