Core Points - Hanghua Co., Ltd. announced the election of Mr. Wang Zhongbao as the employee representative director for the fourth board of directors [2] Group 1 - The company has agreed to elect Mr. Wang Zhongbao as a member of its board [2]

Group 1 - The company Hanghua Co., Ltd. (SH 688571) held a temporary board meeting on November 17, 2025, to discuss the election of a director for company affairs [1] - For the year 2024, the company's revenue composition is 98.55% from the chemical industry and 1.45% from other businesses [1] - As of the report date, Hanghua Co., Ltd. has a market capitalization of 3.5 billion yuan [1]

杭华油墨股份有限公司 关于选举第四届董事会职工代表董事的公告 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。 杭华油墨股份有限公司（以下简称"公司"或"杭华股份"）于 2025 年 10 月 20 日召开 2025 年第三次临时股东大会，审议通过《关于取消监事会、变更注 册资本并修订<公司章程>等治理制度的议案》。根据修订后的《杭华油墨股份有 限公司章程》（以下简称"《公司章程》"），公第四届董事会由 8 名董事组成， 其中职工代表董事 1 名，由职工代表大会选举产生。 证券代码：688571 证券简称：杭华股份 公告编号：2025-054 附件： 第四届董事会职工代表董事简历 王忠保：男，1969 年出生，中国国籍，无境外永久居留权，专科学历，经 济师，1992 年起在公司就职，2005 年至 2020 年历任公司北京办事处主任、营业 二部部长助理兼北京分公司经理、营业二部部长、物流部副总监、物流部总监， 2020 年 7 月至今任公司物流部总监兼 HSEQ 管理部总监。 截至目前，王忠保先生未持有公司股票，与公司控股股 ...

证券代码：688571 证券简称：杭华股份 公告编号：2025-056 杭华油墨股份有限公司 关于召开 2025 年第三季度业绩说明会的公告 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： ●会议召开时间：2025 年 11 月 25 日（星期二） 上午 9:00-10:00 ● 会 议 召 开 地 点 ： 上 海 证 券 交 易 所 " 上 证 路 演 中 心 " （http://roadshow.sseinfo.com） ●会议召开方式：上证路演中心网络互动 ●投资者可于 2025 年 11 月 18 日（星期二）至 11 月 24 日（星期一）16:00 前登录上证路演中心网站首页点击"提问预征集"栏目或通过公司邮箱 stock@hhink.com 进行提问。说明会上公司将在信息披露允许的范围内对投资者 普遍关注的问题进行回答。 杭华油墨股份有限公司（以下简称"公司"或"杭华股份"）已于 2025 年 10 月 25 日在上海证券交易所网站（www.sse.com.cn）披露《杭华油墨股份有限 公司 ...

证券代码：688571 证券简称：杭华股份 公告编号：2025-055 表决结果为：8票同意，0票反对，0票弃权。 （二）审议并通过《关于选举审计委员会成员及推选召集人的议案》 杭华油墨股份有限公司 第四届董事会第十六次会议决议公告 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。 一、董事会会议召开情况 杭华油墨股份有限公司（以下简称"公司"或"杭华股份"）第四届董事会 第十六次会议于 2025 年 11 月 17 日下午 15:00 在公司董事会会议室召开，经全 体董事同意，本次临时会议豁免通知时限要求，会议通知于同日以直接送达或通 讯方式（包括但不限于电话、传真、电子邮件等）发送给各位董事。本次会议以 现场结合通讯方式召开，会议应到董事 8 名，实到董事 8 名，会议由公司董事会 召集人董事长邱克家先生主持，公司高级管理人员列席了会议。会议召开符合《中 华人民共和国公司法》和《公司章程》的相关规定，会议形成的决议合法、有效。 二、董事会会议审议情况 本次会议由董事长邱克家先生主持，经与会董事表决，会议通过以下议案： （ ...

Core Viewpoint - Hanghua Co., Ltd. is experiencing significant performance decline, with major shareholders continuously reducing their stakes, indicating a lack of confidence in the company's future prospects [1] Financial Performance - In Q3 2025, Hanghua's operating revenue was 336 million yuan, a year-on-year increase of 0.80%; however, net profit was 29.43 million yuan, a year-on-year decrease of 28.80% [1] - For the first three quarters of 2025, total operating revenue was 907 million yuan, a year-on-year decline of 1.62%, and net profit attributable to shareholders was 75.94 million yuan, down 25.00% year-on-year [1] Shareholder Actions - Despite the significant decline in performance, shareholders are determined to reduce their stakes, with a large number of shares set to be unlocked in the future, which may exert downward pressure on the stock price [1] - On November 21, 2025, 10,916,677 shares will be unlocked, accounting for 2.6% of the total share capital, originating from a six-month lock-up period for inquiry transfer stocks [1] - On February 5, 2026, an additional 12,603,855 shares will be unlocked, representing 3% of the total share capital, also from a six-month lock-up period for inquiry transfer stocks [1] - The second-largest shareholder, T&K TOKA, has already reduced its stake by 6% through inquiry transfer, and in the next three months, 5.6% of shares will be unlocked for circulation [1]

Core Points - The company has repurchased a total of 7,563,368 shares, accounting for 1.78% of its total share capital, at an average price of 5.68 CNY per share [2] - The company plans to reduce its repurchased shares by up to 4,241,707 shares, representing 1% of the total share capital, within three months from the announcement date [3] - As of October 31, 2025, the company has sold 1,988,864 shares at an average price of 8.18 CNY per share [3] Share Repurchase Details - The repurchased shares are intended to maintain company value and shareholder rights, with a plan to sell them through centralized bidding within 36 months after the announcement of the repurchase results [2] - If the shares are not sold within the specified period, the unsold repurchased shares will be canceled [2] Reduction Plan Progress - The company has begun selling repurchased shares, with the first sale of 110,000 shares at an average price of 8.29 CNY per share [3] - The company is required to disclose the progress of the share reduction every month during the sale period [4] Financial Impact - The difference between the proceeds from the share reduction and the cost of the treasury shares will be accounted for in the company's capital reserve, which will not significantly impact the company's operations or future development [5]

Summary of Key Points Core Viewpoint - Hanghua Co., Ltd. (688571.SH) announced the sale of repurchased shares, indicating a strategic move in its capital management [1] Group 1: Share Repurchase and Sale - On October 27, 2025, the company sold 110,000 repurchased shares, representing 0.03% of its total share capital, at an average price of 8.29 CNY per share [1] - As of October 31, 2025, the company reduced its holdings by 1,988,900 shares through centralized bidding, accounting for 0.47% of its total share capital, with an average selling price of 8.18 CNY per share [1]

证券代码：688571 证券简称：杭华股份 公告编号：2025-053 杭华油墨股份有限公司 关于回购股份集中竞价减持股份进展公告 本公司董事会、全体董事及相关股东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： 回购股份的基本情况 杭华油墨股份有限公司（以下简称"公司"或"杭华股份"）于 2024 年 2 月 6 日至 2024 年 4 月 30 日期间累计回购公司股份 7,563,368 股，占公司目前总 股本的 1.78%，回购均价为 5.68 元/股。前述回购的股份用于维护公司价值及股 东权益，将在披露回购结果暨股份变动公告 12 个月后采用集中竞价交易方式出 售，并在披露回购结果暨股份变动公告后 36 个月内完成出售，公司如未能在上 述期限内完成出售，尚未出售的已回购股份将予以注销。 减持计划的进展情况 公司于 2025 年 9 月 26 日在上海证券交易所网站（www.sse.com.cn）披露《杭 华油墨股份有限公司关于回购股份集中竞价减持计划的公告》（公告编号： 2025-049），公司计划自该公告披露之日起 1 ...

Core Viewpoint - Hanghua Co., Ltd. has announced a share repurchase and a subsequent share reduction plan, indicating a strategic approach to managing its equity structure and shareholder value [1] Summary by Sections Share Repurchase - From February 6 to April 30, 2024, the company repurchased a total of 7.5634 million shares, which accounts for 1.78% of its total share capital [1] Share Reduction Plan - On September 26, 2025, the company disclosed a plan to reduce its holdings by up to 4.2417 million shares within three months, representing 1% of its total share capital [1] - As of October 31, 2025, the company has reduced its holdings by 1.9889 million shares, which is 0.47% of its total share capital, at an average reduction price of 8.18 yuan per share, totaling 16.2637 million yuan [1] Impact and Considerations - The share reduction is consistent with the company's plan and is not expected to have a significant impact on the company; however, market conditions and regulatory factors may affect the completion of the reduction as planned [1]