Group 1 - The core point of the article is that Juhe Materials announced the approval of a proposal to engage in financial derivatives trading at its second extraordinary general meeting of shareholders in 2025 [2]

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。 证券代码：688503 证券简称：聚和材料 公告编号：2025-037 常州聚和新材料股份有限公司 2025年第二次临时股东会决议公告 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） 股东会召开的时间：2025 年 7 月 29 日 （二） 股东会召开的地点：常州市新北区浏阳河路 66 号公司会议 （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 | 80 | | --- | --- | | 普通股股东人数 | 80 | | 2、出席会议的股东所持有的表决权数量 | 62,634,547 | | 普通股股东所持有表决权数量 | 62,634,547 | | 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（%） | 27.2125 | | 普通股股东所持有表决权数量占公司表决权数量的比例（%） | 27.2125 | （四） 表决方式是否符合《公司法》及公 ...

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 2025年第二次临时股东会的法律意见书 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")2025年第二次临时股 东会于 2025年 7 月 29 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,委派成赞律师、藕渠律师 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、表决方式和表决程序、表决结果和会议决议等出具本法律意见书。 为出具本法律意见书,本所律师对本次股东会所涉及的有关事项进行了审 查,查阅了相关会议文件,并对有关问题进行了必要的核查和验证。 公司已向本所保证和承诺,公司向本所律师所提供的文件和所作的陈述和说 明是完整的、真实的和有效的,有关原件及其上面的签字和印章是真实的,且一 切足以影响本法律意见书的事实和文件均已向 ...

Core Points - The company announced the results of the first vesting period for its 2024 restricted stock incentive plan, with a total of 1,271,500 shares vesting [1] - The shares for this vesting period were sourced from the company's repurchase of its A-share common stock from the secondary market [1][6] - A total of 142 individuals are involved in this vesting, including directors, senior management, and other key personnel [7] Decision-Making Process and Disclosure - The company held a board meeting on June 19, 2024, to approve the incentive plan and related proposals [2] - The supervisory board also reviewed and verified the incentive plan and its implementation [2] - The proposed list of incentive recipients was publicly disclosed internally from June 20 to June 29, 2024, with no objections received [3] Vesting Details - The total number of shares vested includes 85,600 shares for directors and senior management, and 318,400 shares for other incentive recipients [6] - The vesting of shares does not change the company's total share capital as the shares were repurchased from the market [8] Restrictions and Regulations - Directors and senior management are restricted from transferring more than 25% of their vested shares and cannot transfer shares within six months of leaving the company [7][8] - The company will retain any profits from shares sold within six months of purchase or vice versa [7] Verification and Registration - A verification report was issued by a certified accounting firm confirming the contributions of the incentive recipients [8] - The share registration process has been completed, with a confirmation issued by the China Securities Depository and Clearing Corporation [8]

证券代码：688503 证券简称：聚和材料 公告编号：2025-036 常州聚和新材料股份有限公司 关于 2024 年限制性股票激励计划首次授予部分 第一个归属期归属结果的公告 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： 根据中国证券监督管理委员会、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业务规则的规定，常州聚和新材料股份有限公司（以下简 称"公司"）于 2025 年 7 月 28 日收到中国证券登记结算有限责任公司上海分公 司出具的《过户登记确认书》，完成了公司 2024 年限制性股票激励计划（以下 简称"本次激励计划"）首次授予部分第一个归属期归属的股份登记工作。现将 有关情况公告如下： 一、本次限制性股票归属的决策程序及相关信息披露 （一）2024 年 6 月 19 日，公司召开第三届董事会第二十三次会议，审议通 过了《关于公司<2024 年限制性股票激励计划（草案）>及其摘要的议案》《关 于公司<2024 年限制性股票激励计划实施考核管理办法>的议案》及《关于提请 股东大会授 ...

Investment Rating - The report maintains a "Positive" investment rating for the industry [5] Core Insights - The report highlights the ongoing price increases in the photovoltaic industry chain, with significant price adjustments for silicon wafers and battery cells, indicating a recovery in market sentiment for solid-state batteries [9][15] - The report emphasizes the importance of monitoring price changes in the industry chain, as well as the progress of mergers and acquisitions in the silicon material sector [15][36] Summary by Sections Photovoltaic - The prices of silicon materials have risen to approximately 47-49 CNY/kg, with silicon wafer prices for 183N, 210RN, and 210N reaching 1.45, 1.65, and 1.93 CNY per piece respectively [21][24] - The report notes that the photovoltaic industry is experiencing a reduction in low-price competition, with a focus on orderly exit of backward production capacity [16][36] - Key recommendations include investing in companies benefiting from this trend, such as Tongwei Co., GCL-Poly Energy, LONGi Green Energy, and Aiko Solar [36] Energy Storage - The introduction of capacity pricing for energy storage in Gansu province strengthens the logic for independent energy storage in China, with a capacity price set at 330 CNY/KW per year for the first two years [41][42] - The report indicates that the domestic energy storage market is expected to see continued growth, driven by favorable policies and increasing demand [39][50] - Recommended companies in this sector include Sungrow Power Supply and Deye Technology, with a focus on large-scale energy storage projects [36] Lithium Battery - The report notes a stable upward trend in the lithium battery sector, with a focus on companies with strong profitability and stable market positions, such as CATL and other quality second-tier companies [16][36] - The sentiment around solid-state batteries is improving, with significant advancements expected in materials and technology [16][39] Wind Power - The report highlights the acceleration of offshore wind projects in China, with expectations for increased profitability in the second half of the year as project deliveries ramp up [16][36] - Recommended companies include Mingyang Smart Energy and Zhongji Innolight, which are well-positioned to benefit from this trend [36] Power Equipment - The report emphasizes the importance of high-voltage direct current (HVDC) projects and the expected approval of new projects in the second half of the year [16][36] - Recommended companies in this sector include Sifang Co. and State Grid Information & Communication, which are expected to benefit from these developments [36] New Directions - The report discusses the potential of humanoid robots and advancements in solid-state battery technology, indicating a positive outlook for companies involved in these areas [16][36]

Summary of Key Points Core Viewpoint - The announcement details the share pledge status of the major shareholder, Chen Yaomin, of Changzhou Juhe New Materials Co., Ltd., including the recent release of pledged shares and the overall shareholding structure [1]. Group 1: Shareholder Information - As of the announcement date, Chen Yaomin directly holds 18,574,365 shares, accounting for 7.67% of the total share capital of the company [1]. - Chen Yaomin has released 3,900,000 shares from pledge, which represents 21.00% of his total pledged shares [1]. - The total number of shares pledged by Chen Yaomin is 7,800,000, which constitutes 41.99% of his holdings and 3.22% of the company's total share capital [1]. Group 2: Pledge Release Details - The release of the pledged shares occurred on July 18, 2025, as confirmed by the China Securities Depository and Clearing Corporation [1]. - Following the release, Chen Yaomin's remaining pledged shares amount to 7,800,000, which still represents 41.99% of his total holdings [1]. - The total number of shares held by Chen Yaomin after the release remains at 18,574,365, with no changes to his overall ownership percentage [1].

常州聚和新材料股份有限公司 关于持股5%以上股东部分股份解除质押的公告 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。 证券代码：688503 证券简称：聚和材料 公告编号：2025-035 1 | 持股比例 | 7.67% | | --- | --- | | 剩余被质押股份数量 | 7,800,000 | | 剩余被质押股份占其所持股份比例 | 41.99% | | 剩余被质押股份占公司总股本比例 | 3.22% | 注：1.上述数据比例为截至本公告披露日股东持股数计算所得。 重要内容提示： 截止本公告披露日，常州聚和新材料股份有限公司（以下简称"公司"） 股东陈耀民直接持有公司股份18,574,365股，占公司总股本比例为7.67%。 陈耀民本次解除质押股份数量为3,900,000股，占其所持股份的比例为 21.00%，占公司总股本的比例为1.61%。本次解除质押后，公司股东陈耀民累计 质押公司股份7,800,000股，占其持股总比例为41.99%，占公司总股本的3.22%。 公司于近日接到股东陈耀民先生的通知，获悉其 ...

Core Viewpoint - The company is preparing for its second extraordinary general meeting of shareholders in 2025, focusing on maintaining order and efficiency during the meeting while ensuring the rights of all shareholders are protected [1][2][4]. Meeting Procedures - The meeting will follow a specific agenda, allowing shareholders and their representatives to exercise their rights to speak, inquire, and vote [2][3]. - Shareholders must register to speak one day prior to the meeting, and speaking time is limited to five minutes per shareholder [2][3]. - Voting will be conducted through both on-site and online methods, with results announced by the meeting host [10][11]. Financial Derivatives Trading Proposal - The company plans to use its own funds to engage in financial derivatives trading, specifically silver futures and options, to hedge against price volatility of silver, which is a key raw material [7][9]. - The maximum trading margin and premium for this activity is capped at 400 million RMB, with a maximum contract value of 2.5 billion RMB on any trading day [7][9]. - The trading activities are intended to stabilize operational performance and enhance financial resilience [11][12]. Risk Management - The company has outlined potential risks associated with financial derivatives trading, including market volatility and operational risks, and has established strict risk control measures [9][10]. - The company will not engage in speculative trading and will ensure that trading activities align with its actual business needs [10]. - Internal audits and oversight mechanisms are in place to monitor compliance and risk management related to derivatives trading [10]. Impact on Company - Engaging in financial derivatives trading is deemed necessary for the company to mitigate risks associated with raw material price fluctuations, thereby enhancing its competitive edge [11][12]. - The company has developed specific operational procedures and internal controls to ensure compliance with relevant regulations and effective risk management [11][12].

2025 年 07 月 常州聚和新材料股份有限公司 2025 年第二次临时股东会会议资料目录 | 2025 | 年第二次临时股东会会议须知 | 2 | | --- | --- | --- | | 2025 | 年第二次临时股东会会议议程 | 4 | | 2025 | 年第二次临时股东会会议议案 | 6 | | | 议案一：关于开展金融衍生品交易业务的议案 | 6 | 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 2025 年第二次临时股东会会议资料 1 常州聚和新材料股份有限公司 2025 年第二次临时股东会会议须知 为了维护全体股东的合法权益，确保常州聚和新材料股份有限公司（以下简 称"公司"）股东会的正常秩序和议事效率，保证股东会的顺利进行，根据《中 华人民共和国公司法》（以下简称"《公司法》"）《中华人民共和国证券法》 （以下简称"《证券法》"）《上市公司股东会规则》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》"）《常州聚和新材料股份有限公 司股东会议事规则》等相关规定，特制定 2025 年第二次临时股东会参会须知： 一、为确认出席会议的股东或其代理人或其他 ...