证券代码：688545 证券简称：兴福电子 公告编号：2025-032 湖北兴福电子材料股份有限公司 关于召开2025年第二次临时股东大会的通知 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： 一、 召开会议的基本情况 （一） 股东大会类型和届次 2025年第二次临时股东大会 （二） 股东大会召集人：董事会 （三） 投票方式：本次股东大会所采用的表决方式是现场投票和网络投票相结 合的方式 （四） 现场会议召开的日期、时间和地点 网络投票系统：上海证券交易所股东大会网络投票系统 网络投票起止时间：自2025 年 8 月 11 日 至2025 年 8 月 11 日 采用上海证券交易所网络投票系统，通过交易系统投票平台的投票时间为股 股东大会召开日期：2025年8月11日 本次股东大会采用的网络投票系统：上海证券交易所股东大会网络投票 系统 东大会召开当日的交易时间段，即 9:15-9:25,9:30-11:30，13:00-15:00；通过 互联网投票平台的投票时间为股东大会召开当日的 9:15-15:00。 （ ...

二、监事会会议审议情况 （一）审议通过《关于聘任会计师事务所的议案》 监事会认为：公司变更会计师事务所理由恰当、程序合规，中审众环会计 师事务所（特殊普通合伙）（以下简称"中审众环"）具备证券相关业务执业 资格，具备为上市公司提供审计服务的经验和能力，能够满足公司 2025 年度 财务报告审计与内部控制审计的工作需求。因此，同意聘任中审众环为公司 2025 年度审计机构。 证券代码：688545 证券简称：兴福电子 公告编号：2025-027 湖北兴福电子材料股份有限公司 第一届监事会第十七次会议决议公告 本公司监事会及全体监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。 一、监事会会议召开情况 湖北兴福电子材料股份有限公司（以下简称"公司"）第一届监事会第十 七次会议于2025 年7 月18 日在公司会议室以现场方式召开。本次会议的通知 于2025 年7 月11 日发出。本次会议应参加监事3 名，实际参加表决监事3 名， 会议由监事会主席陈芳女士主持，本次会议的召集、召开方式符合《中华人民 共和国公司法》及《公司章程》的规定。 监事会认为： ...

Core Points - The announcement details the listing and circulation of restricted shares for Hubei Xingfu Electronic Materials Co., Ltd. following its initial public offering (IPO) [1][2] - A total of 4,460,240 shares will be listed for circulation, representing 1.24% of the company's total share capital [2][4] - The circulation date for these shares is set for July 22, 2025 [1][3] Summary by Sections Type of Restricted Shares - The shares being listed are part of the company's initial public offering and were allocated through offline placement [2] - The total number of shares issued in the IPO was 100,000,000, with 291,576,676 shares subject to restrictions, accounting for 80.99% of the total share capital [1] Changes in Share Capital - Since the formation of the restricted shares, there have been no changes in the company's share capital due to profit distribution or capital increase [2] Commitments Related to Restricted Shares - Shareholders of the restricted shares have committed that 10% of their allocated shares will remain restricted for a period of 6 months from the IPO date [2][3] - All shareholders have adhered to their commitments, ensuring no issues affecting the listing of restricted shares [3] Verification by Intermediaries - The sponsor, Tianfeng Securities Co., Ltd., confirmed that all shareholders have complied with their lock-up commitments and that the listing of restricted shares meets regulatory requirements [3] Details of Restricted Shares Listing - The total number of restricted shares being listed is 4,460,240, which is 1.24% of the company's total share capital [4] - The listing date for these shares is July 22, 2025 [4]

证券代码：688545 证券简称：兴福电子 公告编号：2025-026 湖北兴福电子材料股份有限公司 首次公开发行网下配售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。 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 4,460,240股。 本次股票上市流通总数为4,460,240股。 本次股票上市流通日期为2025 年 7 月 22 日。 一、本次上市流通的限售股类型 根据中国证券监督管理委员会于 2024 年 10 月 15 日出具的《关于同意湖北兴 福电子材料股份有限公司首次公开发行股票注册的批复》（证监许可〔2024〕1414 号）,同意公司首次公开发行股票的注册申请，并经上海证券交易所同意，公司首 次向社会公开发行人民币普通股（A 股）股票 100,000,000 股，并于 2025 年 1 月 22 日在上海证券交易所科创板上市，发行后公司总股本为 360,000,000 股，其中 有限售条件流通股 291,576,676 股，占本公司发行后总股本的 80.9 ...

天风证券股份有限公司 关于湖北兴福电子材料股份有限公司 首次公开发行网下配售限售股份上市流通的核查意见 天风证券股份有限公司（以下简称"天风证券"、"保荐人"）作为湖北兴福 电子材料股份有限公司（以下简称"兴福电子"、"公司"）首次公开发行股票并 在科创板上市的保荐人，根据《证券发行上市保荐业务管理办法》《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，就兴福电子首 次公开发行网下配售限售股份上市流通的事项进行了专项核查： 一、本次上市流通的限售股类型 根据中国证券监督管理委员会于 2024 年 10 月 15 日出具的《关于同意湖北 兴福电子材料股份有限公司首次公开发行股票注册的批复》（证监许可〔2024〕 1414 号），同意公司首次公开发行股票的注册申请，并经上海证券交易所同意， 公司首次向社会公开发行人民币普通股（A 股）股票 100,000,000 股，并于 2025 年 1 月 22 日在上海证券交易所科创板上市，发行后公司总股本为 360,000,000 股，其中有限售条件流通股 291,576,676 股，占本公司发行后总股本的 80.99%， 无限售条件流通股 68,4 ...

Summary of Key Points Core Viewpoint - In the first half of 2025, a total of 51 new companies were listed on the Shanghai Stock Exchange, Shenzhen Stock Exchange, and Beijing Stock Exchange, raising a total of 37.3 billion yuan [1]. Company Listings by Region - Jiangsu Province had 12 companies listed, raising a total of 5.159 billion yuan [2]. - Zhejiang Province had 10 companies listed, raising a total of 9.693 billion yuan [2]. - Guangdong Province also had 10 companies listed, raising a total of 7.153 billion yuan [2]. - Anhui Province had 5 companies listed, raising a total of 3.153 billion yuan [3]. - Other provinces such as Hubei, Jiangxi, Sichuan, and Shandong had 2 companies each listed, while Inner Mongolia, Beijing, Jilin, Shanghai, Heilongjiang, and Hunan had 1 company each listed [1]. Top Fundraising Companies - The top five companies by fundraising amount were: 1. Zhongce Rubber: 4.066 billion yuan (Zhejiang Province) 2. Tianyouwei: 3.740 billion yuan (Heilongjiang Province) 3. Yingshi Innovation: 1.938 billion yuan (Guangdong Province) 4. Kaifa Technology: 1.169 billion yuan (Sichuan Province) 5. Xingfu Electronics: 1.168 billion yuan (Hubei Province) [1].

Core Insights - A total of 51 new companies were listed on the Shanghai Stock Exchange, Shenzhen Stock Exchange, and Beijing Stock Exchange from January to June 2025, raising a total of 37.3 billion yuan [1] - Among these, 7 companies were listed on the Sci-Tech Innovation Board, collectively raising 5.619 billion yuan [1] Listing Details - The 7 companies that chose the first set of listing standards include: - Ying Shi Innovation (688775.SH) listed on June 11, 2025, raising 1.93807 billion yuan with underwriting fees of 158.3475 million yuan [1] - Han Bang Technology (688755.SH) listed on May 16, 2025, raising 500.94 million yuan with underwriting fees of 37.2891 million yuan [1] - Sheng Ke Nano (688757.SH) listed on March 25, 2025, raising 366.21 million yuan with underwriting fees of 43.9448 million yuan [1] - Hai Bo Si Chuang (688411.SH) listed on January 27, 2025, raising 861.1 million yuan with underwriting fees of 66.4722 million yuan [1] - Xing Fu Electronics (688545.SH) listed on January 22, 2025, raising 1.168 billion yuan with underwriting fees of 82.0755 million yuan [1] - Si Kan Technology (688583.SH) listed on January 15, 2025, raising 568.82 million yuan with underwriting fees of 46.0744 million yuan [1] - Sai Fen Technology (688758.SH) listed on January 10, 2025, raising 215.89 million yuan with underwriting fees of 25.283 million yuan [1] Listing Standards - The listing standards for the Sci-Tech Innovation Board require either: - An expected market value of no less than 1 billion yuan, positive net profits for the last two years, and a cumulative net profit of no less than 50 million yuan, or - An expected market value of no less than 1 billion yuan, positive net profit for the last year, and operating revenue of no less than 100 million yuan [1]

Group 1 - The core viewpoint of the articles highlights the fundraising activities of companies listed on the STAR Market, with a total of 7 companies raising 7.901 billion yuan this year, averaging 1.129 billion yuan per company [1][2] - The company with the highest fundraising amount is Yitang Co., Ltd., which raised 2.497 billion yuan primarily for technology development and reserve funds [1] - Other notable companies include Yingshi Innovation, which raised 1.938 billion yuan for its R&D center and production base, and Xingfu Electronics, which raised 1.168 billion yuan [1] Group 2 - The average initial offering price for STAR Market stocks this year is 21.73 yuan, with Yingshi Innovation having the highest price at 47.27 yuan [1] - The issuance price of Yitang Co., Ltd. is the lowest at 8.45 yuan, while other companies like Sikan Technology and Hanbang Technology have initial prices of 33.46 yuan and 22.77 yuan respectively [1] - The issuance price-earnings ratio for the listed companies ranges from 6.14 to 51.55, with an average of 30.03 and a median of 26.35 [2] Group 3 - Geographically, the majority of the issued STAR Market companies are concentrated in Beijing, Jiangsu, and Hubei, with fundraising amounts led by Beijing at 3.359 billion yuan [2] - The companies with issuance price-earnings ratios above the industry average include Yitang Co., Ltd. and two others, while five companies fall below the industry average [2] - The detailed fundraising data for the listed companies includes their codes, names, issuance dates, prices, price-earnings ratios, and total funds raised [2]

Core Viewpoint - The Chinese electronic-grade phosphoric acid industry has made significant technological breakthroughs, achieving high purity levels that meet international standards, thus enhancing its competitiveness in the global market [1][10]. Industry Overview - Electronic-grade phosphoric acid is a high-purity phosphoric acid with extremely low impurity levels, widely used in high-tech fields such as semiconductors and optoelectronics [2]. - The industry is categorized into E1 ordinary electronic-grade phosphoric acid and E2 high-purity electronic-grade phosphoric acid according to national standards [2]. Industry Development History - The industry has evolved through three stages: exploration (pre-2008), initial development (2008-2019), and rapid development (2020-present) [4]. - Prior to 2008, the market was dominated by imports from the US, Japan, and Germany, with significant technological barriers [4]. - From 2008 to 2019, domestic companies began to develop electronic-grade phosphoric acid, achieving initial production and export capabilities [4]. - Since 2020, the rapid growth of the domestic electronic industry has driven demand for electronic-grade phosphoric acid, leading to increased R&D investments and market expansion [4]. Industry Supply Chain - The upstream of the electronic-grade phosphoric acid industry includes raw materials like phosphate rock and production equipment [6]. - The midstream involves the production and manufacturing of electronic-grade phosphoric acid, while the downstream applications include semiconductor manufacturing and display panels [6]. Market Size - The demand for electronic-grade phosphoric acid in China is projected to reach 0.91 million tons in 2024, representing a year-on-year growth of 13.75% [10]. - Leading companies like Xingfu Electronics have successfully entered the supply chains of top international wafer manufacturers, indicating a significant enhancement in global competitiveness [10]. Key Company Performance - Xingfu Electronics holds a dominant position in the market, with a 2023 market share of 69.69% in China and approximately 15% globally [12]. - The company’s products meet the highest international standards, with metal ion content controlled below 3 ppb, outperforming many international competitors [12]. - In Q1 2025, Xingfu Electronics reported a revenue of 327 million yuan, a year-on-year increase of 38.60% [12]. Industry Development Trends 1. **Technological Upgrades and High-End Development** - The industry is expected to accelerate technological upgrades, focusing on higher purity products to meet the stringent requirements of advanced semiconductor processes [17]. - Domestic companies are improving production processes and developing new applications for electronic-grade phosphoric acid [17]. 2. **Growing Market Demand and Accelerated Domestic Substitution** - The demand for electronic-grade phosphoric acid is anticipated to continue rising, driven by the rapid development of downstream industries like integrated circuits and new sectors such as AI and electric vehicles [18]. - The domestic substitution rate is projected to increase significantly, reducing reliance on imports [18]. 3. **Industry Chain Integration and Collaborative Development** - The industry will strengthen supply chain integration to enhance overall competitiveness, with companies focusing on resource stability and cost reduction [19]. - Sustainable practices, such as waste recycling and zero discharge technologies, are being explored to align with global ESG trends [19].

Core Viewpoint - The company held its 21st board meeting and approved the establishment of an accounting firm selection system to enhance audit quality and protect shareholder interests [1][2]. Group 1 - The board meeting was conducted via communication on June 12, 2025, with all 7 votes received in favor of the proposals, meeting legal and regulatory requirements [1][3]. - The newly established accounting firm selection system aims to standardize the hiring process of accounting firms, including new hires, renewals, and reappointments, in accordance with relevant laws and regulations [1][2]. - The decision was made after careful consideration by the board members, ensuring compliance with the Company Law and other regulatory guidelines [1].