要求不相符，本企业将根据相关证券监管机构的监管意见或 监管要求进行相应调整；本企业认购取得的茂化实华股份在 限售期届满后减持，还需遵守《公司法》《证券法》《深圳 证券交易所股票上市规则》《上市公司股东减持股份管理暂 行办法》等法律法规、规范性文件以及《公司章程》的相关 规定； 将依法承担因此产生的法律责任。" 本公司及董事会全体成员保证信息披露的内容真实、准确、完整， 没有虚假记载、误导性陈述或重大遗漏。 茂名石化实华股份有限公司（以下简称"公司"或"茂 化实华"）于 2025 年 8 月 29 日召开第十三届董事会第十次 临时会议，审议通过了关于公司 2025 年度向特定对象发行 股票（以下简称"本次发行"）的相关议案，公司控股股东 茂名港集团有限公司作为本次向特定对象发行股票的认购对 象，出具了《关于特定期间不减持公司股票的承诺函》，具 体内容如下： "1.自茂化实华审议通过本次发行相关事项的董事会决 议日前 6 个月至本承诺函出具之日，本企业及本企业控制的 关联方不存在减持茂化实华股份的情形； 股份超过茂化实华已发行股票的 30%，则本企业在本次向特 - 1 - 定对象发行股票完成后三十六个月内不减持本 ...

证券代码：000637 证券简称：茂化实华 公告编号：2025-041 茂名石化实华股份有限公司 关于向特定对象发行股票不存在直接或通过利益 公司不存在向参与认购的投资者作出保底保收益或变 相保底保收益承诺的情形，亦不存在直接或通过利益相关方 向参与认购的投资者提供财务资助或补偿的情形。 特此公告。 茂名石化实华股份有限公司董事会 相关方向参与认购的投资者提供财务资助或补偿 的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整， 没有虚假记载、误导性陈述或重大遗漏。 茂名石化实华股份有限公司（以下简称"公司"）于 2025 年 8 月 29 日召开第十三届董事会第十次临时会议审议通过 了关于公司 2025 年度向特定对象发行 A 股股票的相关议案。 现就公司本次向特定对象发行 A 股股票不存在直接或通过利 益相关方向参与认购的投资者提供财务资助或补偿事宜承 诺如下： ...

Overview - The company has proposed to the shareholders' meeting to approve the exemption of the controlling shareholder, Maoming Port Group Co., Ltd., from making a mandatory tender offer following a specific stock issuance [1][2] Group 1: Proposal Details - The company plans to issue 155,962,606 shares to Maoming Port, which will result in the controlling shareholder exceeding 30% of the voting rights in the company [1] - The issuance is subject to approval by the shareholders' meeting, where related shareholders will abstain from voting [2] Group 2: Regulatory Framework - According to the "Measures for the Administration of the Acquisition of Listed Companies," investors can be exempt from making a tender offer if approved by non-related shareholders and commit to not transferring the newly issued shares for three years [2] - Maoming Port has committed to not transferring the shares acquired in this issuance for 36 months from the completion of the issuance [2]

Core Viewpoint - The announcement discusses the impact of issuing A-shares to specific investors on the company's immediate returns and outlines measures to mitigate the dilution of shareholder returns [1][4]. Financial Impact Analysis - The company anticipates a net profit of -82.66 million yuan and a net profit of -80.12 million yuan after excluding non-recurring gains and losses for the year 2025 [1]. - The total share capital before the issuance is 519,875,356 shares, which will increase to 675,837,962 shares post-issuance [2]. - The basic earnings per share (EPS) before the issuance is -0.3180 yuan, which is expected to change to -0.2765 yuan after the issuance [2]. - The weighted average return on net assets is projected to decrease from -29.39% to -24.74% after the issuance [2]. Necessity and Reasonableness of the Issuance - The funds raised will be used to supplement working capital, improving the company's financial condition and capital structure, thereby enhancing its risk resistance and core competitiveness [5][6]. Measures to Mitigate Dilution of Immediate Returns - The company plans to enhance corporate governance to ensure shareholder rights are protected and to improve decision-making processes [6][7]. - The company will strengthen the management of raised funds to ensure they are used legally and effectively, aiming to increase future shareholder returns [6][7]. - The company will optimize its investor return mechanism, adhering to regulations regarding profit distribution to enhance shareholder returns [7]. Commitments from Key Stakeholders - The controlling shareholder and senior management have committed to not interfering with the company's operations and to uphold the measures taken to mitigate the dilution of immediate returns [8][9]. - The board of directors has approved the measures to address the dilution of immediate returns during a recent meeting [10].

（一）2023 年 7 月，公司收到中国证券监督管理委员会 广东监管局行政监管措施决定书《关于对茂名石化实华股份 有限公司采取出具警示函措施的决定》（〔2023〕92 号），因 公司披露的《2022 年度业绩预告》与后续 2022 年年度报告 - 1 - 中经审计的净利润金额差异幅度较大，且未及时修正，违反 了《上市公司信息披露管理办法》（证监会令第 182 号）第 三条的规定。根据《上市公司信息披露管理办法》（证监会 令第 182 号）第五十二条的规定，中国证券监督管理委员会 广东监管局决定对公司采取出具警示函的行政监管措施。 证券代码：000637 证券简称：茂化实华 公告编号：2025-040 茂名石化实华股份有限公司 关于最近五年被证券监管部门和交易所处罚或 采取监管措施的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整， 没有虚假记载、误导性陈述或重大遗漏。 茂名石化实华股份有限公司（以下简称"公司"）2025 年度向特定对象发行 A 股股票事项已经公司于 2025 年 8 月 据相关要求，就公司最近五年被证券监管部门和交易所处罚 或采取监管措施的情况公告如下： 一、公司最近五年被证券 ...

证券代码：000637 证券简称：茂化实华 公告编号：2025-042 茂名石化实华股份有限公司 茂名石化实华股份有限公司（以下简称"公司"）前次 募集资金到账时间距今已超过五个会计年度，且最近五个会 计年度不存在通过配股、增发、发行可转换公司债券等方式 募集资金的情况。因此，公司 2025 年度向特定对象发行 A 股股票无需编制前次募集资金使用情况报告，也无需聘请符 合规定的会计师事务所出具前次募集资金使用情况鉴证报 告。 特此公告。 茂名石化实华股份有限公司董事会 本公司及董事会全体成员保证信息披露的内容真实、准确、完整， 没有虚假记载、误导性陈述或重大遗漏。 根据中国证券监督管理委员会《监管规则适用指引—— 发行类第 7 号》的有关规定："前次募集资金使用情况报告 对前次募集资金到账时间距今未满五个会计年度的历次募 集资金实际使用情况进行说明，一般以年度末作为报告出具 基准日，如截止最近一期末募集资金使用发生实质性变化， 发行人也可提供截止最近一期末经鉴证的前募报告。" ...

证券代码：000637 证券简称：茂化实华 公告编号：2025-043 茂名石化实华股份有限公司 关于公司与特定对象签署附条件生效的股份认购协议 暨关联交易的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整， 本公司及董事会全体成员保证信息披露的内容真实、准确、完 没有虚假记载、误导性陈述或重大遗漏。 整，没有虚假记载、误导性陈述或重大遗漏。 （一）茂名石化实华股份有限公司（以下简称"茂化实 华""公司"或"上市公司"）拟向特定对象发行 A 股股票， 发行数量不超过 155,962,606 股（含本数），即不超过发行 前公司总股本的 30%，全部由茂名港集团有限公司（以下简 称"茂名港"）认购。本次向特定对象发行 A 股股票的定价 基准日为公司第十三届董事会第十次临时会议决议公告日， 本次发行的发行价格为 3.41 元/股。本次向特定对象发行股 票募集资金总额不超过 53,183.24 万元（含本数），扣除发 行费用后的募集资金净额拟全部用于补充流动资金。 （二）2025 年 8 月 29 日，公司与茂名港签署了《茂名 石化实华股份有限公司与茂名港集团有限公司关于茂名石化 实华股份有限公司向特定 ...

Core Viewpoint - The company plans to issue up to 155,962,606 A-shares to raise no more than 531.8324 million yuan to supplement working capital, aiming to enhance its capital strength and profitability [1][2][3]. Group 1: Background and Purpose of the Issuance - The issuance is a response to the company's transition to a state-controlled enterprise and aims to address the challenges posed by a slowing global economy and a difficult chemical market [1][2]. - The funds raised will improve the company's asset-liability structure and support its development strategy, ensuring sustainable growth [2][3]. Group 2: Necessity of the Issuance - The issuance of A-shares is deemed necessary to alleviate liquidity pressure and support core business growth, enhancing the company's risk resistance and core competitiveness [3][5]. - Compared to debt financing, equity financing is more favorable for optimizing the capital structure and reducing financial risks [5]. Group 3: Selection of Issuance Objects - The issuance is directed solely at the controlling shareholder, Maoming Port, which aligns with regulatory requirements [6]. - The selection of a single entity as the issuance object is appropriate and complies with relevant regulations [6]. Group 4: Pricing Principles and Methods - The issuance price is set at 3.41 yuan per share, which is not lower than 80% of the average stock price over the previous 20 trading days [7][8]. - The pricing method and procedures have been conducted in accordance with regulatory requirements [8]. Group 5: Feasibility of the Issuance - The issuance complies with the Securities Law and relevant regulations, ensuring that it is conducted legally and feasibly [8][9]. - The company has followed necessary procedures for disclosure and approval, ensuring transparency and compliance [15][16]. Group 6: Fairness and Reasonableness of the Issuance Plan - The issuance plan has been approved by the board and is designed to benefit all shareholders without harming their interests [15][16]. - The plan will be subject to a fair vote by shareholders, ensuring that all voices are heard [16]. Group 7: Impact on Immediate Returns and Mitigation Measures - The company has conducted a thorough analysis of the impact on immediate returns and has proposed specific measures to mitigate any potential dilution of shareholder value [17].

Core Points - The article outlines the fundraising management system of Maoming Petrochemical Shihua Co., Ltd, emphasizing the need for compliance with national laws and regulations, as well as the Shenzhen Stock Exchange's rules [1][2][3] - The company is required to use raised funds prudently and ensure that their usage aligns with the commitments made in the issuance application documents [1][2] - The management system mandates that raised funds must be stored in dedicated accounts and used exclusively for specified purposes, with strict oversight and reporting requirements [3][4][5] Fundraising Management - The company must establish a dedicated account for raised funds, which should not be mixed with other funds or used for unrelated purposes [3][4] - A tripartite supervision agreement must be signed with the underwriter or independent financial advisor and the commercial bank holding the funds, detailing the management and usage of the funds [4][5] - The board of directors is responsible for ensuring the effective implementation of the fundraising management system [2][5] Fund Usage - Funds raised should primarily be used for the company's main business operations, and high-risk investments are prohibited [6][7] - The company must ensure the authenticity and fairness of fund usage, preventing misuse by controlling shareholders or related parties [6][7] - Any changes to the intended use of funds or the investment projects must be approved by the board and disclosed to shareholders [8][12] Monitoring and Reporting - The company’s accounting department must maintain detailed records of fund usage, and internal audits should be conducted quarterly [40][41] - The board must regularly review the progress of fundraising projects and report any significant discrepancies in fund usage [41][42] - Independent auditors must verify the annual report on fund management and usage, providing assurance on compliance with regulations [19][20]

Group 1 - The company plans to issue A-shares to a specific target, with the total amount raised not exceeding RMB 531.8324 million, which will be used to supplement working capital [4][15][29] - The issuance has been approved by the company's board and is subject to further approval from the shareholders' meeting and regulatory authorities [2][21] - The controlling shareholder, Maoming Port, will subscribe to the shares using cash and has signed a conditional subscription agreement [2][29] Group 2 - The issuance price is set at RMB 3.41 per share, which is not less than 80% of the average stock price over the 20 trading days prior to the pricing benchmark date [3][30] - The maximum number of shares to be issued is capped at 155,962,606 shares, which is not more than 30% of the company's total share capital before the issuance [17][30] - The shares subscribed by Maoming Port will be subject to a lock-up period of 36 months from the date of issuance [6][32] Group 3 - The issuance will not change the company's control, as Maoming Port will remain the controlling shareholder after the issuance [20][28] - The company is focused on enhancing its asset quality and achieving high-quality development in line with national capital market reforms [12][14] - The company operates in the petrochemical industry, producing various chemical products and is strategically located near major economic zones, providing a competitive advantage [13][14]