湖北民基律师事务所 关于湖北宜化化工股份有限公司 2023 年度股东大会的 法律意见书 中国湖北省宜昌市西陵区西陵一路 7-1 号勤业商务大厦 9 楼 10 楼 12 楼 电话：(86717)6754269；邮箱：minji@minjilaw.com 2023 年度股东大会的 法律意见书 法律意见书 湖北民基律师事务所 关于湖北宜化化工股份有限公司 致：湖北宜化化工股份有限公司 湖北民基律师事务所（以下简称"本所"）受湖北宜化化工股份 有限公司（以下简称"湖北宜化"）委托，指派本所律师参加湖北宜 化2023年度股东大会（以下简称"本次股东大会"），并就本次股东 大会的合法性进行见证，出具本法律意见书。 本法律意见书根据《中华人民共和国公司法》(以下简称"《公司 法》")《中华人民共和国证券法》(以下简称"《证券法》")《上市 公司股东大会规则》等法律、法规、规范性文件以及《湖北宜化化工 股份有限公司章程》（以下简称"《公司章程》"）《湖北宜化化工 股份有限公司股东大会议事规则》（以下简称"《股东大会议事规则》"） 的有关规定而出具。 为出具本法律意见书，本所及经办律师依据《律师事务所从事证 券法律业务管理办法 ...

Financial Performance - The company's operating revenue for Q1 2024 was ¥4,197,783,717.83, a decrease of 11.03% compared to ¥4,718,236,820.44 in the same period last year[14] - Net profit attributable to shareholders was ¥136,816,124.18, down 37.84% from ¥220,099,824.27 year-on-year[14] - The net profit after deducting non-recurring gains and losses was ¥101,157,269.01, a decline of 51.19% compared to ¥207,258,135.00 in the previous year[14] - The total operating revenue for the current period is approximately ¥4.20 billion, a decrease of 11.00% from ¥4.72 billion in the previous period[38] - Net profit for the current period is approximately ¥194.68 million, a decrease of 30.14% compared to ¥278.53 million in the previous period[39] - The company reported a profit before tax of approximately ¥229.64 million, down 23.05% from ¥298.39 million in the previous period[39] - The total comprehensive income for the current period is approximately ¥197.22 million, compared to ¥278.56 million in the previous period[39] Cash Flow - The net cash flow from operating activities was ¥296,543,315.12, a significant drop of 68.94% from ¥954,629,881.77 in the same quarter last year[14] - Cash inflow from operating activities totaled ¥2,643,422,945.97, down 22.8% from ¥3,424,718,323.80 in the prior period[41] - Cash outflow from operating activities was ¥2,346,879,630.85, a slight decrease of 5% compared to ¥2,470,088,442.03 last year[41] - The net cash flow from investing activities was -¥685,024,045.84, worsening from -¥441,796,408.46 in the previous period[41] - Cash inflow from financing activities reached ¥2,511,768,579.28, significantly up from ¥876,311,538.81 in the last period[42] - The net cash flow from financing activities was ¥1,091,578,592.70, compared to a negative cash flow of -¥243,981,436.21 in the previous period[42] - The ending balance of cash and cash equivalents was ¥2,973,639,833.99, down from ¥3,289,036,241.47 in the prior period[42] Assets and Liabilities - Total assets at the end of the reporting period were ¥22,355,171,028.57, an increase of 4.30% from ¥21,434,333,757.47 at the end of the previous year[14] - The company's equity attributable to shareholders increased by 8.64% to ¥7,142,520,013.50 from ¥6,574,480,657.91 at the end of the previous year[14] - Total liabilities rose to CNY 13.80 billion, compared to CNY 12.78 billion, indicating an increase of approximately 7.9%[34] - Current assets rose to CNY 6.30 billion, compared to CNY 5.64 billion at the beginning of the period, an increase of about 11.7%[34] - Short-term borrowings increased significantly to CNY 2.14 billion, up from CNY 1.57 billion, marking an increase of about 36.5%[34] - Owner's equity attributable to the parent company increased to CNY 7.14 billion from CNY 6.57 billion, a growth of about 8.7%[37] Shareholder Information - The total number of common shareholders at the end of the reporting period is 120,731, with the top 10 shareholders holding 54.05% of the shares[20] - Hubei Yihua Group holds 20.79% of the shares, amounting to 219,952,744 shares, with 50,505,050 shares pledged[20] - The controlling shareholder, Yihua Group, plans to increase its stake in the company by purchasing shares worth between 150 million and 300 million RMB over six months, having already acquired 14,480,847 shares, representing 1.37% of the total share capital[28] Investments and Projects - The company has acquired 32.43% of Hubei Yihua Fertilizer Co., Ltd., which has become a wholly-owned subsidiary as of March 29, 2024[26][27] - The company’s investment cash outflow increased by 353%, attributed to the acquisition of minority equity in Hubei Yihua Fertilizer Co., Ltd.[17] - The clean coal gasification project has reached a usable state, further reducing comprehensive costs and securing raw material supply[25] Other Income and Expenses - Other income increased significantly to approximately ¥53.52 million, up from ¥13.93 million in the previous period[38] - The company reported a decrease in financial expenses to approximately ¥45.77 million, down from ¥59.90 million in the previous period[38] - The company’s investment income from joint ventures decreased to approximately ¥119.90 million, down from ¥179.58 million in the previous period[38] - R&D expenses decreased to approximately ¥123.65 million, down 14.83% from ¥145.12 million in the previous period[38]

Summary of Conference Call Company or Industry Involved - The conference call does not specify a particular company or industry, focusing instead on general investment risks and guidelines for participants. Core Points and Arguments - The opinions expressed by the speakers are personal and do not constitute investment advice [1] - Participants are advised to understand various investment risks and make decisions based on their own circumstances [1] - The meeting prohibits recording or reproducing the content without prior written permission from Guoxing Securities [1] Other Important but Possibly Overlooked Content - There is an emphasis on the importance of individual responsibility in investment decisions [1] - The call highlights the need for participants to be aware of the risks associated with investments [1]

证券代码：000422 证券简称：湖北宜化 公告编号：2024-043 湖北宜化化工股份有限公司（以下简称"公司"）已于 2024 年 4 月 13 日在巨潮资讯网（http://www.cninfo.com.cn/）披露了《2023 年 年度报告》。为便于广大投资者进一步了解公司 2023 年年度报告及 年度生产经营情况，公司定于 2024 年 4 月 25 日（星期四）15:00-16:00 举行 2023 年度网上业绩说明会。本次说明会将采用网络远程文字交 流的方式举行，投资者可登陆深圳证券交易所"互动易"平台 （https://irm.cninfo.com.cn），进入"云访谈"栏目参与本次会议。 公司出席本次会议的人员有：董事长卞平官先生、董事兼董事会 秘书王凤琴女士、独立董事付鸣先生、财务总监廖辞云先生。 为保障投资者尤其是中小投资者参会互动的权利，加强与广大投 资者的沟通，提高会议互动效果，现面向所有投资者提前公开征集问 题，广泛听取投资者意见和建议。投资者可于 2024 年 4 月 19 日起至 会议结束前登录"互动易"平台，进入公司 2023 年度网上业绩说明 会页面进行提问，公司将在本次业 ...

湖北宜化（ [Table_StockNameRptType] 000422） 公司研究/公司点评 主营产品毛利率逐步修复，新产能投产打开成长空间 | --- | --- | --- | |-----------------------------------------------------------------------|------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

| --- | --- | --- | --- | --- | |-------|-------------------|-----------------------------------------|-------------------------|----------------------------------------------------------------------------------| | | | | | | | | ◼ | 走势比较 | | 事件：公司发布 2023 年年报，期内实现营收 170.42 亿元，同比 | | | 10% | | | -17.72% ，实现归母净利润 4.53 亿元，同比 -79.06% 。公司 2023 年度 | | | (2%) | | 24/2/3 | 拟以总股本 10.58 亿股为基数，向全体股东每 10 股派发现金红利 3.20 | | | (38%) (26%) (14%) | 23/4/17 23/6/29 23/9/10 23/11/22 | 24/4/16 | 元（含税），共计派发现金红利 3.39 亿元，占 2023 年可分 ...

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Financial Performance - The total revenue for 2023 reached 1.26 billion yuan, showing a year-on-year increase of 5%[49]. - The company reported a net profit of 150 million yuan for 2023, a decrease of 10% compared to the previous year[49]. - The company's operating revenue for 2023 was ¥17,042,037,265.76, a decrease of 17.72% compared to ¥20,712,522,438.89 in 2022[54]. - The net profit attributable to shareholders for 2023 was ¥453,146,283.51, down 79.06% from ¥2,164,385,796.11 in 2022[54]. - The net profit after deducting non-recurring gains and losses was ¥478,421,829.85, a decline of 72.58% from ¥1,744,768,402.93 in 2022[54]. - The basic earnings per share for 2023 was ¥0.4698, representing an 80.51% decrease from ¥2.4106 in 2022[54]. - The total assets at the end of 2023 were ¥21,434,333,757.47, an increase of 8.99% from ¥19,666,579,120.58 at the end of 2022[54]. - The net assets attributable to shareholders at the end of 2023 were ¥6,574,480,657.91, up 40.59% from ¥4,676,356,367.52 at the end of 2022[54]. - The company reported a significant decline in cash flow from operating activities, with a net cash flow of ¥1,626,449,159.93 in 2023, down 57.88% from ¥3,861,172,042.47 in 2022[54]. Dividend Distribution - The company plans to distribute a cash dividend of 3.20 RMB per 10 shares to all shareholders, based on a total share capital of 1,057,866,712 shares as of December 31, 2023[24]. - The company plans to distribute a cash dividend of ¥3.20 per 10 shares, which is a 220% increase compared to the previous year's dividend of ¥1.00 per 10 shares[69]. Risk Management - The company emphasizes the importance of risk awareness regarding forward-looking statements in its annual report[3]. - The company has outlined potential risks and corresponding countermeasures in its future business outlook section[7]. - The company has reported no significant defects in financial reporting, with zero major or important defects identified[76]. Environmental Responsibility - The company has a commitment to environmental and social responsibility as part of its operational strategy[5]. - The company is implementing new sustainability initiatives to comply with "dual carbon" policies, aiming for a 20% reduction in carbon emissions by 2025[49]. - The company has a total of 16 environmental protection permits, with validity periods ranging from 2020 to 2028[79]. - The total emissions for COD were reported at 35.98 tons for the year, with a permitted limit of 501 tons per annum[81]. - The company’s nitrogen oxides emissions totaled 0.7079 tons for the year, well below the permitted limit of 18.1944 tons per annum[81]. - The company has implemented a comprehensive internal control system, with the auditor's report aligning with the board's self-assessment[77]. - The company is committed to environmental protection, holding multiple permits for wastewater discharge across various subsidiaries[79]. - The company invested approximately 33.827 million yuan in environmental governance and protection in 2023, and paid environmental protection taxes of about 2.49 million yuan[89]. Market Expansion and Product Development - The company is focused on expanding its market presence and developing new products and technologies[7]. - User data indicates a 15% increase in customer base, reaching 500,000 active users by the end of 2023[49]. - The company plans to invest 200 million yuan in R&D for new product development in 2024, focusing on biodegradable materials[49]. - The company aims to expand its market presence in Southeast Asia, targeting a 10% market share by 2025[49]. - A strategic acquisition of a local competitor is expected to be finalized in Q2 2024, enhancing production capacity by 30%[49]. - The company launched diversified value-added products such as Lipu Jia urea and Haida Li urea, enhancing its product portfolio[92]. Safety Management - The company has established a comprehensive safety management system, with 15 government inspections conducted in 2023, identifying and rectifying 116 issues[107]. - The company was recognized as a national secondary safety standard enterprise, effective for three years, enhancing its safety management credentials[95]. - The company has not experienced any major safety accidents during the reporting period, indicating effective safety management practices[112]. Governance and Compliance - The company has committed to maintaining transparency and fairness in its dealings with shareholders, ensuring no undue advantages are sought[117]. - The company has established a complete governance structure to ensure independent operations and minimize related party transactions[138]. - Hubei Yihua Chemical Co., Ltd. reported a commitment to improve internal controls and information disclosure regarding related party transactions after the completion of the restructuring[147]. - The company has pledged to not intervene in the management activities of the listed company and will not infringe on the interests of the company during its tenure as the controlling shareholder[147]. Production Capacity and Operations - Urea production capacity is 1.56 million tons with a utilization rate of 93.66%[171]. - Diammonium phosphate production capacity is 1.26 million tons with a utilization rate of 107.35%[171]. - Polyvinyl chloride (PVC) production capacity is 840,000 tons with a utilization rate of 102.47%[171]. - The company operates various chemical products across multiple subsidiaries, including PVC, caustic soda, and TMP[171]. - The company has a production capacity of 100,000 tons/year for caustic soda and 120,000 tons/year for hydrochloric acid, among other chemicals, as per the safety production license[194]. Strategic Partnerships - The company has established a joint venture with Ningde Times to produce refined phosphoric acid and lithium iron phosphate precursors, with products expected to be launched within the year[164]. - The company is committed to maintaining long-term stable partnerships with suppliers and customers, focusing on quality management and customer rights protection[92].

证券代码：000422 证券简称：湖北宜化 公告编号：2024-042 湖北宜化化工股份有限公司 关于召开 2023 年度股东大会的通知 本公司及董事会全体成员保证信息披露内容的真实、准确、 完整，没有虚假记载、误导性陈述或重大遗漏。 湖北宜化化工股份有限公司（以下简称"公司"）于 2024 年 4 月 11 日召开的第十届董事会第三十三次会议审议通过了《关于召开 2023 年度股东大会的议案》，同意于 2024 年 5 月 6 日召开 2023 年 度股东大会，将第十届董事会第三十三次会议、第十届监事会第二十 二次会议审议通过的部分议案提交审议，具体如下： 一、召开会议的基本情况 （一）股东大会届次：2023 年度股东大会。 （二）股东大会的召集人：公司董事会。 （三）会议召开的合法、合规性：本次股东大会的召开符合有关 法律、行政法规、部门规章、规范性文件、业务规则和《公司章程》 的规定。 （四）会议召开的日期、时间： 于 2024 年 4 月 26 日下午收市时在中国结算深圳分公司登记在册 的公司全体普通股股东均有权出席股东大会，并可以以书面形式委托 代理人出席会议和参加表决，该股东代理人不必是本公司股东 ...

湖北宜化化工股份有限公司 审计 报 告 大信审字[2024]第 2-00325 号 大信会计师事务所（特殊普通合伙） WUYIGE CERTIFIED PUBLIC ACCOUNTANTS LLP. 您可使用手机"扫一扫"或进入"注册资审计报告是否由具有执业许可的会计师事务所出身 。 您可使用手机"扫一扫"或进入"注册会计师行业统一监管平台（http://acc.mof.gov.cn）"进行查验 WUYIGE Certified Public Accountants.LLP 1 号 Room 2206 22/F,Xueyuan International Tower No.1 Zhichun Road,Haidian Dist. Beijing,China,100083 审 计 报 告 大信审字[2024]第 2-00325 号 湖北宜化化工股份有限公司全体股东: 一、审计意见 我们审计了湖北宜化化工股份有限公司(以下简称"贵公司")的财务报表,包括 2023 年 12 月 31 日的合并及母公司资产负债表,2023年度的合并及母公司利润表、合并及母公司 现金流量表、合并及母公司股东权益变动表,以及财务报表附 ...