广东聚石化学股份有限公司 关于 2025 年股票期权激励计划 预留授予登记完成的公告 证券代码：688669 证券简称：聚石化学 公告编号：2025-059 4、2025 年 4 月 17 日，公司2025 年第一次临时股东大会审议通过了《关于 公司<2025 年股票期权激励计划（草案）>及其摘要的议案》《关于公司<2025 年股票期权激励计划实施考核管理办法>的议案》《关于提请股东大会授权董事 会办理公司股权激励相关事宜的议案》。公司实施本激励计划获得股东大会批 准，董事会被授权确定股票期权授权日，在符合条件时向激励对象授予股票期 权并办理授予股票期权所必需的全部事宜。公司于 2025 年 4 月 12 日披露了《关 于公司 2025 年股票期权激励计划内幕信息知情人买卖公司股票情况的自查报告》 （公告编号：2025-009）。 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： 根据广东聚石化学股份有限公司（以下简称"公司"）2025 年第一次临时股 东大会授权，公司于 2025 年 9 月 3 日召开第七 ...

Core Insights - The number and quality of listed companies reflect a city's financing capacity, industrial strength, and future potential, with A-shares reaching a total market value of over 100 trillion yuan for the first time this year, and 72 companies successfully listed, raising 69.644 billion yuan, a year-on-year increase of 53.3% [2][3] Group 1: Top Cities in A-share Listings - Beijing, Shanghai, and Shenzhen continue to dominate the A-share market, with Beijing leading in both the number of listed companies (475) and total market value (28.67 trillion yuan), supported by state-owned enterprises and financial giants [3][6] - Shanghai ranks second with 447 listed companies and a market value of 10.80 trillion yuan, benefiting from a balanced structure of finance and high-end manufacturing [7] - Shenzhen, with 424 listed companies and a market value of 12.71 trillion yuan, has a higher valuation due to its focus on hard technology and innovation, leading in new IPOs among first-tier cities [8][9] Group 2: Second-tier Cities Competition - Suzhou has surpassed Hangzhou in the number of new listings this year, with 6 new A-share companies, while maintaining a lower total market value of 2.52 trillion yuan compared to Hangzhou's 3.36 trillion yuan [11][12] - Hangzhou's strength lies in its digital economy and provincial state-owned enterprises, which contribute to its higher average market value per company [13] - Guangzhou, while having fewer new listings, showcases its capital strength through a significant number of overseas listed companies and ongoing mergers and acquisitions, with a total market value of 2.08 trillion yuan [14] Group 3: Regional Industrial Collaboration - The trend of "industrial clustering" is accelerating, with companies in similar sectors increasingly concentrated in specific regions, enhancing collaboration and resource sharing [16][19] - The successful case of YingShi Innovation highlights the importance of regional supply chains, as the company moved to Shenzhen to leverage its industrial ecosystem [16][17] - Cities like Taizhou are positioning themselves as specialized support zones for advanced manufacturing and digital economy, attracting significant investments and fostering local industries [18]

Group 1 - The core viewpoint of the article is that Longli Technology has successfully applied its backlight display products in DJI and Yingshi's action camera products [2] Group 2 - Longli Technology responded to investor inquiries on September 22, indicating the successful application of its products [2]

Core Points - Guangdong Jushi Chemical Co., Ltd. has announced a change in its sponsor representative for the ongoing supervision of its initial public offering (IPO) project [1][2] - Tianfeng Securities was appointed as the sponsor for the company's A-share issuance in 2023, with the supervision period ending on December 31, 2024 [1] - Due to the personal work changes of the previous representative, Jiang Weichi, Tianfeng Securities has appointed Zhan Zhipeng to take over the supervisory responsibilities [2] Company Information - The board of directors expressed gratitude for Jiang Weichi's contributions during his tenure as the sponsor representative [3] - Zhan Zhipeng, the new representative, has over 10 years of experience in investment banking and has been involved in various significant projects, including the IPO of Jushi Chemical [4] - Zhan Zhipeng holds a master's degree from Zhongnan University of Economics and Law and is currently the managing director of the investment banking committee at Tianfeng Securities [4]

Group 1 - The core point of the article is that Jushi Chemical announced the appointment of Mr. Zang Zhipeng by Tianfeng Securities to take over the continuous supervision responsibilities for the company's initial public offering and listing [2] Group 2 - The announcement was made on the evening of September 17 [2] - The previous supervisor, Mr. Jiang Weichi, is being replaced by Mr. Zang Zhipeng [2]

证券代码：688669 证券简称：聚石化学 公告编号：2025-058 广东聚石化学股份有限公司 关于更换保荐代表人的公告 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。 附件： 占志鹏先生简历 占志鹏先生，天风证券正式从业人员，现任天风证券投行委董事总经理，中 南财经政法大学硕士，保荐代表人；拥有 10 多年的投资银行从业经历，主持完 成聚石化学（688669）科创板 IPO、深水规院（301038）IPO、湖北能源非公开 发行再融资、湖北能源公开发行公司债等项目。主导星徽精密（300464）、麦达 数字（002137）、瀚蓝环境（600323）、神奇制药（600613）、宜华健康（000150） 广电地产借壳吉林制药、湖北能源借壳三环股份等重大资产重组财务顾问项目。 熟悉证券市场相关政策法规，具有丰富的投资银行从业经验。在保荐业务执业过 程中严格遵守《证券发行上市保荐业务管理办法》等相关规定，执业记录良好。 公司董事会对蒋伟驰先生在担任公司保荐代表人期间所做的工作表示衷心 感谢！ 特此公告。 广东聚石化学股份有限公司董 ...

证券代码：688669 证券简称：聚石化学 公告编号：2025-057 广东聚石化学股份有限公司 董事、高级管理人员减持股份计划公告 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： 董事、高级管理人员持股的基本情况 以上股份来源于公司首次公开发行前取得的股份以及公司上市后实施资本 公积转增股本取得的股份，已于 2022 年 7 月 25 日起解除限售上市流通。 减持计划的主要内容 因个人资金需求，公司董事周侃先生及财务总监伍洋先生计划通过集中竞价 交易方式减持所持有的公司股份。周侃先生拟减持数量不超过 147,000 股，占公 司总股本的比例不超过 0.1212%；伍洋先生拟减持数量不超过 19,000 股，占公司 总股本的比例不超过 0.0157%。 | 股东名称 | 周侃 | | | | --- | --- | --- | --- | | 股东身份 | 控股股东、实控人及一致行动人 | □是 | √否 | | | 直接持股 5%以上股东 | □是 | √否 | | | 董事、监事和高级管理人 ...

Group 1 - The company, 聚石化学, announced that board member Zhou Kan holds 588,300 shares, accounting for 0.48% of total shares, and plans to reduce holdings by up to 147,000 shares, representing 0.1212%, between October 9, 2025, and January 8, 2026 [1] - The company's CFO, Wu Yang, holds 76,375 shares, which is 0.06% of total shares, and intends to reduce holdings by up to 19,000 shares, equivalent to 0.0157%, within the same time frame [1]

Core Viewpoint - The cross-border e-commerce industry in China has demonstrated strong resilience and vitality amid frequent fluctuations in the international environment, with a projected import and export volume of approximately 1.32 trillion yuan in the first half of 2025, representing a year-on-year growth of 5.7% [1] Group 1: Industry Performance - Six leading cross-border e-commerce companies have shown varied performance, with some achieving double-digit revenue and profit growth, while others experienced a dramatic 81% decline in net profit [2] - The industry is undergoing a dramatic dual-line development characterized by stark contrasts in performance [3] Group 2: Key Players and Growth - Companies like Anker Innovations, Yingshi Innovations, and Ugreen Technology are examples of "reverse growth," achieving both revenue and profit growth by focusing on brand and product strength [4] - Anker Innovations reported a revenue of 12.867 billion yuan in the first half of the year, a year-on-year increase of 33.36%, with a net profit of 1.167 billion yuan, up 33.8% [4] - Yingshi Innovations achieved a revenue of 3.671 billion yuan, a 51.17% increase, while Ugreen Technology reported a total revenue of 3.857 billion yuan, growing by 40.6% [4] Group 3: Market Trends - The U.S. remains a primary export destination, but growth in the U.S. e-commerce market has slowed due to inflation and reduced consumer demand, while markets in Europe, Southeast Asia, and Latin America are showing growth [5] - The compound annual growth rates for e-commerce markets in Europe, Southeast Asia, and Latin America are projected at 7.95%, 8.79%, and 9.43% respectively from 2025 to 2029 [5] Group 4: Channel Development - Amazon and third-party platforms dominate the market, but independent sites are growing rapidly, with Anker Innovations reporting a revenue growth of 42.64% from independent sites [6] - Anker Innovations is also expanding into offline markets, with a revenue growth of 43.6% from offline channels [6] Group 5: R&D and Innovation - Companies are increasingly investing in R&D, with Anker Innovations spending 1.195 billion yuan on R&D, a 49% increase, and Yingshi Innovations doubling its R&D expenses to 561 million yuan [7] - The application of AI in various operational aspects is becoming common among cross-border e-commerce companies, enhancing product development and operational efficiency [7] Group 6: Challenges for Traditional Models - Traditional "bulk selling" models are facing significant challenges, with companies like Huakai Yibai experiencing an 81.36% drop in net profit despite a 28.97% revenue increase [8] - Huakai Yibai is restructuring its inventory and focusing on premium business branding, while also facing rising logistics costs due to changing tariff policies [8] Group 7: Transition Strategies - Companies like San Tai Co. are shifting from traditional "bulk selling" to a "precision selling" model, enhancing product development efficiency through improved selection systems [9] - Both Huakai Yibai and San Tai Co. are exploring new service-oriented business models, although these initiatives are still in their early stages and have not yet contributed significantly to their performance [10][11]

Group 1: Foreign Trade and Investment - Shenzhen's foreign trade shows resilience, with companies increasingly expanding overseas and the consumption market gaining vitality [1][3] - The city has established a comprehensive support policy for overseas exhibitions, organizing nearly 5,500 enterprises to participate in 126 international trade shows in the first half of the year [4] - Foreign investment in Shenzhen has surged, with over 6,800 new foreign-invested enterprises established from January to July, marking a year-on-year increase of over 70% [6][7] Group 2: High-Tech Products and Export Growth - Shenzhen's foreign trade structure is shifting towards high-tech and information technology products, with high-tech products accounting for over 40% of the city's total exports, showing an 8% growth in the first half of 2025 [3] - The city is home to successful high-tech products like the Thunder Air 3s AR glasses, which have captured significant market share in over 25 countries [2] Group 3: Consumer Market Development - Shenzhen has entered the "trillion-dollar club" for consumer spending, with retail sales reaching 4,948.68 billion yuan in the first half of the year, a 3.5% increase year-on-year [10][9] - The city has launched its first city-wide duty-free store, enhancing its international consumer appeal and integrating various tax models [9] Group 4: Service Industry Expansion - The service industry in Shenzhen is experiencing significant growth, with 113 new foreign-invested medical enterprises established in the first half of the year, a rise of 85.2% [7] - The city is actively promoting a favorable business environment to attract foreign investment, implementing policies to enhance service quality for foreign enterprises [8] Group 5: New Consumption Trends - Shenzhen is fostering new consumption trends through various promotional activities, including the "Shenzhen Shopping Season," which has become a major annual event [12] - The city is also developing a vibrant live-streaming e-commerce sector, with over 2,000 merchants in the jewelry live-streaming cluster [11]