Core Viewpoint - Jintian Titanium Industry reported a significant decline in revenue and net profit for the first half of 2025, indicating potential challenges in its financial performance [1] Financial Performance - The company's operating revenue for the first half of 2025 was 318 million yuan, representing a year-on-year decrease of 22.38% [1] - The net profit for the same period was 40.5342 million yuan, showing a year-on-year decline of 49.71% [1]

证券代码：688750 证券简称：金天钛业 公告编号：2025-025 湖南湘投金天钛业科技股份有限公司 关于参加湖南省科创板上市公司 2025 年半年度集体 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： 线下参会地点：湖南省长沙市岳麓区滨江景观道湘江基金小 镇 13 栋 5 楼大会议厅 会议召开时间：2025 年 9 月 2 日(星期二) 下午 14:00-17:30 会议召开方式：线下参会+视频直播 视频直播互动的方式举行。 一、说明会类型 本次投资者说明会以线下参会+视频直播形式召开，公司将针对 2025 年半年度的经营成果及财务指标的具体情况与投资者进行互动 交流和沟通，在信息披露允许的范围内就投资者普遍关注的问题进行 回答。 视频直播平台：上交所"星企航企业信息服务"微信视频号 投资者可于 2025 年 9 月 1 日(星期一)16:00 前通过邮件、电 话等形式将需要了解和关注的问题提前提供给公司。公司将通过本次 业绩说明会，在信息披露允许范围内就投资者普遍关注的问题进行回 ...

Company Overview - Hunan Xiangtou Jintian Titanium Industry Co., Ltd. is located in Changde Economic and Technological Development Zone, Hunan Province, established on April 8, 2004, and is set to be listed on November 20, 2024 [2] - The company specializes in the research, production, and sales of high-end titanium and titanium alloy materials, primarily serving the aerospace, aviation, naval, and military equipment sectors [2] - The main products include titanium and titanium alloy bars, forgings, and components, with 96.74% of revenue derived from titanium products and 3.26% from other sources [2] Financial Performance - For the period from January to March 2025, the company reported revenue of 133 million yuan, a year-on-year decrease of 34.17%, and a net profit attributable to shareholders of 9.44 million yuan, down 74.04% year-on-year [2] - As of March 31, 2025, the company had a total of 17,200 shareholders, a decrease of 10.90% from the previous period, with an average of 4,504 circulating shares per shareholder, an increase of 12.24% [2] Market Activity - On August 22, the company's stock rose by 0.46%, with a trading volume of 136 million yuan [1] - The financing data for August 22 indicates a financing buy amount of 19.36 million yuan and a financing repayment of 21.68 million yuan, resulting in a net financing outflow of 2.32 million yuan [1] - The total margin trading balance as of August 22 was 151 million yuan, accounting for 7.58% of the circulating market value [1] Shareholder Information - The company has cumulatively distributed 38.85 million yuan in dividends since its A-share listing [3] - As of March 31, 2025, Western Benefit Event-Driven Stock A (671030) was the third-largest circulating shareholder, holding 441,100 shares as a new shareholder [3]

Group 1 - The small metals sector experienced a significant increase of 5.01% on August 18, with Jintian Titanium leading the gains [1] - The Shanghai Composite Index closed at 3728.03, up 0.85%, while the Shenzhen Component Index closed at 11835.57, up 1.73% [1] - Key stocks in the small metals sector showed notable price increases, with Jintian Titanium rising by 13.20% to a closing price of 25.21 [1] Group 2 - The small metals sector saw a net inflow of 2.686 billion yuan from main funds, while retail investors experienced a net outflow of 1.156 billion yuan [2] - Major stocks like Northern Rare Earth and Baowu Magnesium had significant net inflows from main funds, indicating strong institutional interest [3] - The trading volume for Northern Rare Earth reached 2.8612 million shares, with a closing price of 42.90, reflecting a 10.00% increase [1][3]

Group 1 - The company, Jintian Titanium Industry (688750.SH), is targeting significant opportunities arising from the mass delivery of domestically produced aircraft models such as the C919 to the domestic civil aviation market [1] - The company is actively advancing the certification process to become a qualified supplier for COMAC (Commercial Aircraft Corporation of China) and has achieved some progress in this regard [1]

Market Performance - The small metals sector increased by 2.32% on August 15, with Baowu Magnesium leading the gains [1] - The Shanghai Composite Index closed at 3696.77, up 0.83%, while the Shenzhen Component Index closed at 11634.67, up 1.6% [1] Individual Stock Performance - Baowu Magnesium (002182) closed at 13.22, up 5.00% with a trading volume of 388,500 shares and a transaction value of 508 million [1] - Shenghe Resources (600392) closed at 23.18, up 4.79% with a trading volume of 2,325,500 shares and a transaction value of 5.366 billion [1] - Zhongkuang Resources (002738) closed at 41.46, up 4.14% with a trading volume of 266,400 shares and a transaction value of 1.092 billion [1] - Other notable performers include Jinyao Co. (601958) up 4.08%, and China Tungsten High-tech (000657) up 3.72% [1] Capital Flow Analysis - The small metals sector saw a net inflow of 1.028 billion from institutional investors, while retail investors experienced a net outflow of 395 million [1] - Major stocks like Shenghe Resources and Baowu Magnesium had significant net inflows from institutional investors, indicating strong interest [2] - Retail investors showed a net outflow in several stocks, including Shenghe Resources and Zhongkuang Resources, suggesting a cautious sentiment among retail participants [2]

Group 1 - The company held its second extraordinary general meeting of shareholders on August 13, 2025, with no resolutions being rejected [2] - The meeting was conducted in accordance with the Company Law and the company's articles of association, combining on-site and online voting [2][4] - All current directors and supervisors attended the meeting, ensuring full representation [3] Group 2 - The meeting approved several key resolutions, including the cancellation of the supervisory board and amendments to the company's articles of association [4][14] - The company successfully elected its second board of directors, including both non-independent and independent directors, for a term of three years [9][11] - The board of directors appointed key management personnel, including the general manager and financial director, with their terms aligned with the board's tenure [13][14] Group 3 - The company has eliminated the supervisory board, transferring its responsibilities to the audit committee of the board of directors [14] - The company appointed a new securities affairs representative to assist the board secretary [14] - The qualifications of the newly appointed management personnel were reviewed and approved by the nomination committee [13]

证券日报网讯 8月13日晚间，金天钛业发布公告称，公司聘任杨骁侃先生担任公司证券事务代表。 （文章来源：证券日报） ...

证券日报网讯 8月13日晚间，金天钛业发布公告称，公司2025年第二次临时股东大会于2025年8月13日 召开，审议通过了《关于取消监事会并修订的议案》等多项议案。 （文章来源：证券日报） ...

Core Viewpoint - The legal opinion letter confirms that the procedures for convening and holding the 2025 Second Extraordinary General Meeting of Hunan Xiangtou Jintian Titanium Industry Technology Co., Ltd. are in compliance with relevant laws and regulations, ensuring the legitimacy and validity of the meeting [1][4][8]. Group 1: Meeting Procedures - The meeting is scheduled for August 13, 2025, and is convened by the company's board of directors [2][3]. - The meeting notice was disclosed through various channels, including the Shanghai Stock Exchange website, detailing the time, location, agenda, and registration methods [2][3]. Group 2: Attendance and Voting - A total of 138 attendees represented 367,691,218 shares, accounting for 79.5008% of the total voting shares [4][5]. - The meeting utilized both on-site and online voting methods, with specific time slots for each voting method [3][4]. Group 3: Voting Results - The proposal to cancel the supervisory board and amend the company’s articles of association was approved with 367,402,640 votes in favor, representing 99.9215% of the valid votes [5][6]. - Other proposals, including amendments to the rules of the general meeting and the election of non-independent directors, received similar overwhelming support, with approval rates exceeding 99% [5][6][7]. Group 4: Conclusion - The legal opinion concludes that all aspects of the meeting, including the convening procedures, qualifications of attendees, and voting processes, comply with the Company Law, the rules of the general meeting, and the company’s articles of association, confirming their legality and validity [8].