Core Viewpoint - Huaheng Biological announced the resignation of Vice President Liu Zhongcheng due to personal reasons, and he will no longer hold any position in the company following his resignation [1]. Company Summary - The company received a written resignation report from Vice President Liu Zhongcheng [1]. - Liu Zhongcheng's resignation is attributed to personal reasons [1]. - After resigning, Liu Zhongcheng will not hold any position within the company [1].

Group 1 - The company Huaheng Biological announced that Mr. Liu Zhongcheng has resigned from his position as Deputy General Manager due to personal reasons and will no longer hold any position within the company after his resignation [1] Group 2 - The article highlights the advancements in China's "plant factory" technology, which allows for an annual production capacity that is over 120 times that of traditional fields, with one person managing an entire building [1] - The production cycle for water rice has been reduced from 120 days to 60 days, eliminating pests and the need for pesticides [1]

证券代码：688639 证券简称：华恒生物 公告编号：2026-001 安徽华恒生物科技股份有限公司 关于公司高级管理人员离任的公告 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、准确性和完整性承担法律责任。 重要内容提示： 安徽华恒生物科技股份有限公司（以下简称"公司"）于近日收到公司副总 经理刘忠诚先生提交的书面辞职报告，刘忠诚先生因个人原因，申请辞去公司副 总经理职务。辞职后，刘忠诚先生不再担任公司任何职务。 一、高级管理人员离任情况 (二) 离任对公司的影响 根据相关法律法规和《公司章程》的有关规定，刘忠诚先生的辞职报告自送 达公司董事会之日起生效，其辞职不会影响公司相关工作的正常开展。刘忠诚先 生已按照公司离职管理制度做好交接工作。 截至本公告披露日，刘忠诚先生未直接持有公司股份，不存在应当履行而未 履行的承诺事项，刘忠诚先生将继续严格遵守《上海证券交易所科创板股票上市 规则》等规定。 刘忠诚先生在担任公司副总经理期间，恪尽职守、勤勉努力，公司董事会对 刘忠诚先生自任职以来对公司做出的贡献致以诚挚的感谢！ (一) 提前离任的基本情况 姓名 离任 ...

华恒生物公告称，近日收到副总经理刘忠诚书面辞职报告，其因个人原因申请辞去该职务，于2026年1 月12日提前离任，原定任期至2028年11月11日。辞职后，刘忠诚将不再担任公司任何职务。其辞职报告 自送达董事会起生效，不会影响公司正常运营，且已做好交接工作。截至公告披露日，刘忠诚未直接持 股，无未履行的承诺事项。 ...

Investment Rating - The industry investment rating is "Recommended" (maintained) [1] Core Insights - The new materials sector is a crucial direction for the chemical industry, currently experiencing rapid growth in downstream demand. With policy support and technological breakthroughs, domestic new materials are expected to accelerate their long-term growth. The report emphasizes that "one generation of materials leads to one generation of industries," highlighting the foundational nature of the new materials industry as the material basis for other industries [5][15]. Summary by Relevant Sections 1. Electronic Information Sector - Focus on semiconductor materials, display materials, and 5G materials [6] - Recent developments include NVIDIA's announcement of its new AI supercomputing platform, Vera Rubin, which has entered full production. The platform features six independent chips, with the Rubin GPU achieving a peak computing power of 50 Petaflops and a training performance 3.5 times that of its predecessor [7][37]. 2. Aerospace Sector - Focus on PI films, precision ceramics, and carbon fiber [8] - The successful acquisition of a production license for the AS700 manned airship marks a significant milestone for China's aerospace industry, indicating a shift towards standardized and commercialized production [9][10]. 3. New Energy Sector - Focus on photovoltaics, lithium-ion batteries, proton exchange membranes, and hydrogen storage materials [10] - A notable development is the introduction of the world's first all-solid-state battery by a Finnish startup, set to enter OEM mass production [11]. 4. Biotechnology Sector - Focus on synthetic biology and scientific services [12] - Beijing's economic development zone has announced measures to support the innovation and development of the synthetic biology manufacturing industry, aiming to establish a globally influential industry cluster by 2028 [13]. 5. Energy Conservation and Environmental Protection Sector - Focus on adsorbent resins, membrane materials, and biodegradable plastics [14] - The Guangxi government has issued a plan for green mine construction, aiming for over 90% of large and medium-sized mines to meet green standards by the end of 2028 [15]. 6. Industry Rating and Investment Strategy - The new materials sector is expected to benefit from the catalytic effects of downstream application sectors, gradually entering a prosperous cycle, thus maintaining a "Recommended" rating for the new materials industry [15].

兴业证券股份有限公司 关于安徽华恒生物科技股份有限公司 2025 年度现场检查报告 兴业证券股份有限公司（以下简称"兴业证券"或"保荐机构"）作为安徽华恒 生物科技股份有限公司（以下简称"华恒生物"或"公司"）向特定对象发行 A 股股 票的保荐机构，根据《证券发行上市保荐业务管理办法》《上市公司募集资金监 管规则》《上海证券交易所科创板股票上市规则》《上海证券交易所科创板上市 公司自律监管指引第 1 号——规范运作》等相关规定，于 2025 年 12 月 23 日至 25 日对公司进行了现场检查。现将本次现场检查情况报告如下： 一、本次现场检查的基本情况 保荐机构于 2025 年 12 月 23 日至 25 日对华恒生物进行了现场检查。参加人 员为饶毅杰、郭飞腾、区绮琳。 在现场检查过程中，保荐机构结合华恒生物的实际情况，查阅、收集了华恒 生物自 2025 年 1 月 1 日至现场检查日的有关文件、资料，与公司管理人员进行 了访谈，实施了包括审核、查证、询问等必要程序，检查了公司治理和内部控制、 信息披露、公司的独立性以及与控股股东及其他关联方资金往来、募集资金使用、 关联交易、对外担保、重大对外投资以及经营 ...

Industry Overview - The chemical sector's overall performance ranked 7th this week (2025/12/22-2025/12/26) with a fluctuation of 4.23%, outperforming the Shanghai Composite Index by 2.35 percentage points and the ChiNext Index by 0.34 percentage points [1] - The chemical industry is expected to continue its differentiated trend in 2025, with a focus on synthetic biology, pesticides, chromatography media, sweeteners, vitamins, light hydrocarbon chemicals, COC polymers, and MDI [1] Synthetic Biology - The arrival of a pivotal moment in synthetic biology is anticipated, driven by the adjustment of energy structures, which may disrupt fossil-based materials and favor low-energy products [1] - Traditional chemical companies are expected to compete based on energy consumption and carbon tax costs, with successful firms leveraging green energy alternatives and integrated advantages to reduce costs [1] - The demand for bio-based materials is projected to surge, leading to potential profitability and valuation increases for leading companies in the synthetic biology sector, such as Kasei Bio and Huaheng Bio [1] Refrigerants - The implementation of quota policies is expected to usher in a high-growth cycle for third-generation refrigerants, with supply entering a "quota + continuous reduction" phase starting in 2024 [2] - The demand for refrigerants is anticipated to grow steadily due to the development of heat pumps, cold chain markets, and the expansion of the air conditioning market in Southeast Asia [2] - Companies with a high quota share, such as Juhua Co., Sanmei Co., Haohua Technology, and Yonghe Co., are expected to benefit significantly from this trend [2] Electronic Specialty Gases - Electronic specialty gases are critical to the electronics industry and represent a core component of domestic industrial chain localization [2] - The domestic market faces a contradiction between rapid upgrades in wafer manufacturing and insufficient high-end electronic specialty gas capacity, presenting significant domestic substitution opportunities [2] - Key players like Jinhong Gas, Huate Gas, and China Shipbuilding Gas are positioned to capitalize on the growing demand driven by integrated circuits, panels, and photovoltaics [2] Light Hydrocarbon Chemicals - The trend towards light raw materials in the global olefin industry is becoming increasingly significant, with a shift from heavy naphtha to lighter low-carbon alkanes like ethane and propane [3] - Light hydrocarbon chemicals are characterized by low carbon emissions, low energy consumption, and low water usage, aligning with global carbon neutrality goals [3] - Companies in the light hydrocarbon sector, such as Satellite Chemical, are expected to see a revaluation of their value as this trend continues [3] COC Polymers - The industrialization process of COC/COP (cyclic olefin copolymer) is accelerating in China, driven by domestic companies achieving breakthroughs and the shift of downstream industries to domestic sources [4] - COC/COP materials are increasingly used in various applications, including mobile camera lenses and medical packaging, with a focus on high-end applications [4] - Companies like Acolyte are recommended for their potential in the COC polymer production segment [4] Potash Fertilizers - Potash fertilizer prices are expected to rebound as the industry enters a destocking cycle, with supply constraints due to Canpotex withdrawing new quotes and Nutrien announcing production cuts [5] - The demand for potash fertilizers is likely to increase as farmers respond to rising grain prices, leading to a potential reversal in potash prices [5] - Leading companies in the potash sector, such as Yara International, Salt Lake Potash, and Zangge Mining, are recommended for investment [5] MDI Market - The MDI market is characterized by oligopoly, with demand steadily improving due to the expansion of polyurethane applications [6] - The global MDI production capacity is concentrated among five major chemical giants, which control approximately 90.85% of the market [6] - Companies like Wanhua Chemical are expected to benefit from the favorable supply dynamics and demand recovery in the MDI sector [6] Chemical Price Tracking - The top five price increases this week included NYMEX natural gas (9.59%), PTA (8.95%), and butadiene (6.83%) [6] - The top five price decreases included pure MDI (-4.23%) and acrylic fiber (-3.45%) [6] - A total of 170 chemical companies reported production capacity impacts this week, with 6 new repairs and 10 restarts [6]

Core Viewpoint - Huaheng Biological announced the convening of the fourth extraordinary general meeting of shareholders on December 25, 2025, at its headquarters in Hefei to review the proposal for providing financial assistance to its controlling subsidiary [2] Group 1 - The extraordinary general meeting is scheduled for December 25, 2025 [2] - The meeting will take place at the company's headquarters in Hefei [2] - The main agenda includes the proposal to provide financial assistance to a controlling subsidiary [2]

证券代码：688639 证券简称：华恒生物 公告编号：2025-056 安徽华恒生物科技股份有限公司 2025年第四次临时股东会决议公告 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。 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 12 月 25 日 （二） 股东会召开的地点：合肥市高新区长安路 197 号公司 A1 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 | 93 | | --- | --- | | 普通股股东人数 | 93 | | 2、出席会议的股东所持有的表决权数量 | 100,022,519 | | 普通股股东所持有表决权数量 | 100,022,519 | | 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 | 40.07 | | 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（%） | 40.07 | 注：截至股权登 ...

安徽天禾律师事务所 关于安徽华恒生物科技股份有限公司 2025 年第四次临时股东会之法律意见书 天律意 2025 第 03548 号 根据《中华人民共和国公司法》(下称《公司法》)、《中华人民共和国证券 法》（下称《证券法》）的规定，以及贵公司（下称"公司"）与安徽天禾律师 事务所（下称"本所"）签订的《法律顾问合同》，本所律师出席公司 2025 年 第四次临时股东会，并对本次股东会相关事项进行了见证，出具本法律意见书。 为出具本法律意见书，本所及本所律师依据《律师事务所从事证券法律业务 管理办法》和《律师事务所证券法律业务执业规则（试行）》等规定，严格履行 了法定职责，遵循了勤勉尽责和诚实信用的原则，对本次股东会所涉及的相关事 项进行了必要的核查和验证，核查了本所认为出具本法律意见书所需的相关文件 和资料。为出具本法律意见，本所律师审查了公司提供的以下文件： 1、《公司章程》； 2、公司 2025 年 12 月 9 日第五届董事会第二次会议决议和会议记录； 3、公司于 2025 年 12 月 10 日刊载于上海证券交易所网站的本次会议通知； 4、公司于 2025 年 12 月 17 日刊载于上海证券交易所网 ...