Core Viewpoint - The company emphasizes a strategic focus on "technology deepening + capacity upgrading + scenario focus" to enhance its core competencies in micro-nano powder technology and patent reserves while expanding into high-growth sectors such as AI computing power, electric vehicles, and foldable screens [1] Group 1 - The company is advancing capacity release in its Jiangxi and Ningxia bases [1] - The company is deepening its engagement in high-growth sectors including AI computing power, new energy vehicle electronics, and foldable screens [1] - The company is also exploring emerging scenarios such as magnetorheological fluids and wave-absorbing materials to gradually build core competitiveness in niche areas [1]

Core Viewpoint - The company, Yuenan New Materials, plans to focus on the micro-nano metal powder sector over the next 5-10 years, emphasizing innovation and collaboration in technology development [1] Group 1: Strategic Focus - The company will concentrate on three main areas: the development of new alloy powders, comprehensive utilization of rare and strategic metals from waste, and expansion into diverse application scenarios [1] - The company aims to strengthen its emerging technology layout based on carbonyl chemical processes [1] Group 2: Innovation and Collaboration - Technological innovation will be centered on independent research and development [1] - The company plans to enhance collaboration through "industry-university-research" partnerships and customized research with downstream clients to accelerate the industrialization of cutting-edge technologies [1] Group 3: Information Disclosure - Currently, the company has no undisclosed information regarding external technology cooperation or acquisition plans [1] - The company adheres to relevant regulations and fulfills its information disclosure obligations in a timely manner [1]

Group 1 - The company, YUEAN New Materials (688786), has achieved mass production of 3D printing materials in the biomedical field, with a yield rate meeting standards and validated by downstream applications [1] - The company has developed a replicable standardized solution for its 3D printing materials in the biomedical sector [1] - In the nuclear power sector, the company is currently in the early exploration phase [1]

Core Viewpoint - The price trend of titanium dioxide's raw material, rutile, is influenced by multiple factors, including the supply-demand dynamics, upstream raw material costs, and industry process iterations, making it difficult for the company to predict specific price movements at this time [1] Company Summary - The company has planned an annual production capacity of 250,000 tons of rutile, which is essential for titanium dioxide production [1] - Currently, the company's rutile production capacity has not reached a scale for market sales, lacking sufficient operational data to support price trend predictions [1] Industry Summary - The price of rutile is linked to the titanium dioxide industry, with recent increases in titanium dioxide prices potentially impacting rutile prices [1] - The price trend of rutile should be assessed through a comprehensive analysis of various influencing factors rather than relying solely on the titanium dioxide market [1]

Core Viewpoint - The company emphasizes its commitment to comply with relevant laws and regulations regarding information disclosure, ensuring that all disclosures are truthful, accurate, and complete [1] Group 1 - The company responded to investor inquiries on November 6, indicating that it strictly adheres to information disclosure regulations [1] - The company highlighted its cautious approach to disclosing the progress of the Ningxia project, in line with regulatory requirements [1] - Stakeholders are encouraged to refer to the company's periodic reports for specific project updates and operational dynamics [1]

Core Viewpoint - The announcement details the results of the share reduction plan by major shareholders of Jiangxi Yue'an New Materials Co., Ltd, indicating the completion of the planned share reductions and the specific amounts reduced by each shareholder [1][2]. Shareholder Holding Situation - Before the reduction plan, shareholder Ganzhou Yuelong Enterprise Management Partnership (Limited Partnership) held 4,620,000 shares, accounting for 3.2128% of the total share capital, while shareholder Ganzhou Hongyue Enterprise Management Partnership (Limited Partnership) held 1,260,000 shares, accounting for 0.8762% of the total share capital [1]. Reduction Plan Implementation Results - As of November 4, 2025, Yuelong Partnership reduced its holdings by 608,808 shares, representing 0.4234% of the current total share capital, while Hongyue Partnership reduced its holdings by 310,000 shares, representing 0.2156% of the current total share capital [2][5]. - The reduction plan was fully implemented as planned, with no discrepancies between the actual reductions and the previously disclosed plan [5][6].

Summary of Key Points Core Viewpoint - The announcement from Yue'an New Materials indicates that two shareholders, Ganzhou Yuelong Enterprise Management Partnership and Ganzhou Hongyue Enterprise Management Partnership, have completed their share reduction plans, impacting the company's total shareholding structure [1]. Group 1: Shareholder Information - Shareholder Ganzhou Yuelong Enterprise Management Partnership held 4,620,000 shares, representing 3.2128% of the total share capital before the reduction [1]. - Shareholder Ganzhou Hongyue Enterprise Management Partnership held 1,260,000 shares, representing 0.8762% of the total share capital before the reduction [1]. Group 2: Reduction Details - As of November 4, 2025, Yuelong Partnership reduced its holdings by 608,808 shares, which is 0.4234% of the current total share capital [1]. - Hongyue Partnership reduced its holdings by 310,000 shares, which is 0.2156% of the current total share capital [1]. - The reduction plans for both partnerships have reached their designated time frame [1].

Core Viewpoint - The company Yu'an New Materials (688786.SH) announced the completion of share reduction plans by its shareholders Yue Long Partnership and Hong Yue Partnership as of November 4, 2025 [1] Summary by Relevant Sections - **Shareholder Actions** - Yue Long Partnership reduced its holdings by a total of 608,800 shares, representing 0.4234% of the company's total share capital [1] - Hong Yue Partnership reduced its holdings by a total of 310,000 shares, representing 0.2156% of the company's total share capital [1] - **Plan Completion** - The share reduction plans for both Yue Long Partnership and Hong Yue Partnership have reached their designated time frame [1]

证券代码：688786 证券简称：悦安新材 公告编号：2025-039 江西悦安新材料股份有限公司 关于股东减持股份结果公告 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： 股东持股的基本情况 本次减持计划实施前，江西悦安新材料股份有限公司（以下简称"公司"） 股东赣州岳龙企业管理合伙企业（有限合伙）（以下简称"岳龙合伙"）持有公司 股份 4,620,000 股，占公司总股本的 3.2128%；股东赣州宏悦企业管理合伙企业 （有限合伙）（以下简称"宏悦合伙"）持有公司股份 1,260,000 股，占公司总股 本的 0.8762%。 上述股东的股份来源均为公司首次公开发行前取得的股份及通过公司实施 权益分派资本公积金转增股本取得的股份，并均已上市流通。 减持计划的实施结果情况 公司于 2025 年 7 月 15 日在上海证券交易所网站（www.sse.com.cn）披露 了《江西悦安新材料股份有限公司关于股东减持股份计划公告》（公告编号： 2025-034）。岳龙合伙和宏悦合伙因自身资金需求，计划 ...

Group 1 - The company Yuenan New Materials (SH 688786) announced on November 5 that shareholders Yue Long Partnership and Hong Yue Partnership have completed their share reduction plans, with Yue Long reducing approximately 610,000 shares (0.4234% of total shares) and Hong Yue reducing 310,000 shares (0.2156% of total shares) [1] - As of the report date, Yuenan New Materials has a market capitalization of 4.2 billion yuan [1] Group 2 - For the fiscal year 2024, the revenue composition of Yuenan New Materials is as follows: electronic components account for 40.83%, precision parts for 36.61%, other businesses for 18.29%, and additional business activities for 4.26% [1]