浙江天册律师事务所 关于 恒逸石化股份有限公司 法律意见书 2023 年第一次临时股东大会的 法律意见书 法律意见书 浙江省杭州市杭大路 1 号黄龙世纪广场 A 座 11 楼 310007 电话：0571-87901111 传真：0571-87901500 浙江天册律师事务所 关于恒逸石化股份有限公司 2023 年第一次临时股东大会的 法律意见书 编号：TCYJS2023H1238 号 致：恒逸石化股份有限公司 浙江天册律师事务所（以下简称"本所"）接受恒逸石化股份有限公司（以 下简称"恒逸石化" 或"公司"）的委托，指派本所律师参加贵公司 2023 年第一 次临时股东大会，并根据《中华人民共和国证券法》以下简称（"证券法"）、 《中华人民共和国公司法》（以下简称"公司法"）和中国证券监督管理委员会 关于《上市公司股东大会规则（2022 年修订）》（以下简称"《股东大会规则》"） 等法律、法规和其他有关规范性文件的要求出具本法律意见书。 在本法律意见书中，本所律师仅对本次股东大会表决程序及表决结果的合法 有效性发表意见，不对会议所审议的议案内容和该等议案中所表述的事实或数据 的真实性和准确性发表意见。 本法律 ...

证券代码：000703 证券简称：恒逸石化 公告编号：2023-077 恒逸石化股份有限公司 2023 年第一次临时股东大会决议公告 2．网络投票时间：2023 年 8 月 15 日。其中，通过深圳证券交易所交易系统进 行网络投票的具体时间为 2023 年 8 月 15 日 9:15—9:25、9:30－11:30、13:00－15:00； 通过深圳证券交易所互联网投票系统投票的具体时间为：2023 年 8 月 15 日 9:15－ 2023 年 8 月 15 日 15:00。 （二）召开方式：现场表决与网络投票相结合的方式。 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。 特别提示 1．本次股东大会未出现新增、变更、否决议案的情形。 2．本次股东大会未涉及变更前次股东大会决议的情形。 恒逸石化股份有限公司（以下简称"公司"）于 2023 年 8 月 15 日采用现场与网 络投票相结合的方式召开了 2023 年第一次临时股东大会（以下简称"本次股东大会"）， 审议并通过了相关的议案，现将有关事项公告如下： 一、会议召开和出席情况 （一）召开时间 1．现场会议时 ...

证券代码：000703 证券简称：恒逸石化 公告编号：2023-076 恒逸石化股份有限公司 关于召开 2023 年第一次临时股东大会的通知 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 根据《中华人民共和国公司法》（以下简称"《公司法》"）和《公司章程》 相关规定，恒逸石化股份有限公司（以下简称"公司"或"本公司"）2023 年 7 月 28 日召开公司第十一届董事会第三十二次会议，审议通过了《关于召开 2023 年第一次临时股东大会的议案》，决定于 2023 年 8 月 15 日（星期二）下 午 14:30 召开 2023 年第一次临时股东大会。现将会议相关事项通知如下： 一、召开会议基本情况 1．股东大会届次：2023 年第一次临时股东大会 2．股东大会的召集人：公司董事会 3．会议召开的合法、合规性：本次股东大会的召开经第十一届董事会第三 十二次会议审议通过，会议的召集、召开程序符合有关法律、行政法规、部门 规章、规范性文件、深交所业务规则和公司章程等的规定。 4．会议召开的日期和时间： （1）现场会议时间：2023 年 8 月 15 日（星期二）下 ...

证券代码：000703 证券简称：恒逸石化 恒逸石化股份有限公司投资者关系活动记录表 编号：20230508 | | 特定对象调研 分析师会议 | | --- | --- | | 投资者关系 | 媒体采访  业绩说明会 | | 活动类别 | 新闻发布会 路演活动 | | | 现场参观 | | | （请文字说明其他活动内容） 其他 | | 参与单位名称 | 参与公司 年年度网上业绩说明会的投资者 2022 | | 及人员姓名 | | | 时间 | 年 月 2023 5 8 日，15：00--17：00 | | 地点 | 全景网"投资者关系互动平台"（http://ir.p5w.net） | | 上市公司接待 | 董事长、总裁：邱奕博 副董事长、财务总监：方贤水 | | 人员姓名 | 董事会秘书：郑新刚 | | | 公司于 年 月 日 2022 5 8 15:00-17:00 在全景网"全景•路 | | | 演天下"（http://rs.p5w.net）举行 2022 年年度网上业绩说明 | | | 会。本次业绩说明会采用网络远程的方式举行，问答环节主 | | | 要内容如下： | | 1. | ...

证券代码：000703 证券简称：恒逸石化 恒逸石化股份有限公司投资者关系活动记录表 编号：20230427 | | 特定对象调研 | 分析师会议 | | --- | --- | --- | | 投资者关系 | 媒体采访 |  业绩说明会 | | 活动类别 | 新闻发布会 | 路演活动 | | | 现场参观 | | | | 其他 （请文字说明其他活动内容） | | | | 华创证券：侯星宇 | 中泰证券：王华炳 | | | 中泰证券：潘云鹤 | 中泰证券：蔡星荷 | | | 东方财富证券：李治 | 上海证券：廖旦 | | | 大成基金：徐雄晖 | 河床资产：杨田 | | | 嘉实基金：刘望发 | 青骊投资：罗威 | | | 国联安基金：王栋 | 华兴证券：刘金羽 | | | 南华基金：李昊 | 中泰证券资管：蒋婉滢 | | | 勤辰基金：王佳东 | 勤辰基金：刘悦凯 | | | 中略投资：蔡在行 | 涌津投资：刘敬文 | | 参与单位名称 | 古木投资：苏鑫 | 源乐晟资产：卢奕璇 | | 及人员姓名 | 安联资管：武晓晗 | 中信建投证券：刘光宗 | | | 新华基金：吴裕 | 上海森锦投资 ...

Financial Performance - The company's operating revenue for Q1 2023 was ¥28.38 billion, a decrease of 14.65% compared to ¥33.25 billion in the same period last year[7]. - Net profit attributable to shareholders was ¥34.85 million, down 95.24% from ¥732.20 million year-on-year[7]. - Basic earnings per share dropped to ¥0.01, a decline of 95.00% from ¥0.20 in the same period last year[7]. - Total operating revenue for Q1 2023 was CNY 28.38 billion, a decrease of 14.1% compared to CNY 33.25 billion in Q1 2022[22]. - Net profit for Q1 2023 was CNY 167.10 million, a significant decline from CNY 1.08 billion in Q1 2022, representing a decrease of 84.5%[23]. - Total comprehensive income for the first quarter was -¥82,510,840.39, compared to ¥1,056,514,836.89 in the same period last year[24]. - Basic and diluted earnings per share were both ¥0.01, down from ¥0.20 year-over-year[24]. Cash Flow and Liquidity - The net cash flow from operating activities improved to -¥1.61 billion, a 57.71% increase compared to -¥3.80 billion in the previous year[7]. - Cash inflow from operating activities totaled ¥31,076,687,525.97, a decrease of 16.5% from ¥37,183,541,494.15 in the previous year[26]. - Net cash outflow from operating activities was -¥1,607,351,938.39, improving from -¥3,801,157,548.89 year-over-year[26]. - Cash inflow from investing activities was ¥542,886,462.03, down from ¥647,562,923.77 in the previous year[27]. - Net cash outflow from investing activities was -¥902,330,996.12, compared to -¥1,053,372,115.96 in the same period last year[27]. - Cash inflow from financing activities was ¥17,551,020,844.12, a decrease from ¥19,570,597,055.00 year-over-year[27]. - Net cash outflow from financing activities was -¥1,955,337,750.80, compared to a net inflow of ¥1,007,298,767.22 in the previous year[27]. - The ending balance of cash and cash equivalents was ¥8,433,635,203.43, up from ¥6,402,566,812.54 year-over-year[27]. Assets and Liabilities - Total assets at the end of the reporting period were ¥107.23 billion, down 4.23% from ¥111.96 billion at the end of the previous year[7]. - The total liabilities decreased to CNY 75.71 billion from CNY 79.31 billion year-over-year, a reduction of 4.5%[20]. - The company's equity attributable to shareholders decreased by 3.35% to ¥24.59 billion from ¥25.45 billion at the end of the previous year[7]. - Accounts receivable decreased from ¥6,857,913,648.22 to ¥4,825,944,827.62, a reduction of about 29.6%[18]. - Inventory decreased from ¥14,083,484,571.18 to ¥13,477,597,673.39, a decline of approximately 4.3%[18]. - Total current assets decreased from ¥42,566,620,703.52 to ¥37,564,089,996.99, a decrease of about 11.8%[18]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 56,179[13]. - Zhejiang Hengyi Group Co., Ltd. holds 40.61% of shares, totaling 1,488,933,728 shares[13]. - The top ten shareholders collectively hold 223,369,681 shares, accounting for 6.09% of the total share capital[14]. - The company has no pledged or frozen shares among the top ten shareholders[13]. - The company has no preferred shareholders at the end of the reporting period[15]. - The company has initiated a trust plan for employees to increase shareholding, indicating a strategy for employee engagement[15]. Expenses and Investments - The company's financial expenses increased by 34% to ¥80.33 million, primarily due to rising LIBOR rates[11]. - The company's long-term equity investments increased to CNY 13.16 billion, up from CNY 12.83 billion year-over-year[20]. - Research and development expenses for Q1 2023 were CNY 155.57 million, down from CNY 174.07 million in the same period last year, a decrease of 10.6%[23]. - Financial expenses rose to CNY 803.33 million, compared to CNY 597.73 million in Q1 2022, an increase of 34.4%[23]. Future Outlook - The company plans to focus on market expansion and new product development in the upcoming quarters to improve financial performance[22]. - The first quarter report was not audited[28].

证券代码：000703 证券简称：恒逸石化 | | 特定对象调研 | 分析师会议 | | --- | --- | --- | | 投资者关系 | 媒体采访 |  业绩说明会 | | 活动类别 | 新闻发布会 | 路演活动 | | | 现场参观 | | | | 其他 （请文字说明其他活动内容） | | | | 长江证券：魏凯 | 申万宏源证券：宋涛 | | | 申万宏源证券；陈悦 | 中信证券：任丹 | | | 华创证券：侯星宇 | 中国银河证券：任文坡 | | | 招商基金：李崟 | 国寿养老：马志强 | | | 华商基金：常宁 | 国投瑞银基金：汤海波 | | | 银华基金：华强强 | 南方基金：恽雷 | | | 长盛基金：赵启超 | 博时基金：贾宇博 | | | 银华基金：江珊 | 红土创新基金：陈若劲 | | | 华泰柏瑞基金：盛豪 | 华泰柏瑞基金：和磊 | | 参与单位名称 | 华宸未来基金：王子源 | 中信期货：康恃榛 | | | 富安达基金：孙绍冰 | 长城基金：徐力恒 | | 及人员姓名 | 建信养老：王新艳 | 长江养老：黄学军 | | | 国寿资产：刘卓炜 | 中意资产：翟 ...

Financial Performance - The company's operating revenue for 2022 was approximately ¥152.05 billion, an increase of 17.26% compared to ¥128.98 billion in 2021[20]. - The net profit attributable to shareholders for 2022 was approximately -¥1.08 billion, a decrease of 131.96% from ¥3.41 billion in 2021[20]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was approximately -¥1.09 billion, down 140.03% from ¥2.76 billion in 2021[20]. - Cash flow from operating activities for 2022 was approximately ¥2.71 billion, a decline of 64.96% compared to ¥7.75 billion in 2021[20]. - The total assets at the end of 2022 were approximately ¥111.96 billion, an increase of 6.11% from ¥105.55 billion at the end of 2021[20]. - The net assets attributable to shareholders at the end of 2022 were approximately ¥25.45 billion, a decrease of 1.61% from ¥25.90 billion at the end of 2021[20]. - The basic earnings per share for 2022 was -¥0.30, a decrease of 132.26% from ¥0.94 in 2021[20]. - The diluted earnings per share for 2022 was also -¥0.30, down 133.33% from ¥0.91 in 2021[20]. - The weighted average return on equity for 2022 was -4.31%, a decrease of 17.76% from 13.56% in 2021[20]. - The company achieved a total revenue of CNY 152.05 billion in 2022, with a net profit attributable to shareholders of CNY -1.08 billion, and total assets of CNY 111.965 billion[104]. Investment and Growth Strategy - The company plans to increase R&D investment, focusing on green manufacturing and circular economy, with an emphasis on high-end, differentiated product development[6]. - The company launched a 500,000-ton new functional fiber project, which has successfully commenced production, enhancing its product differentiation and high-end polyester capacity[5]. - The company is actively developing differentiated products, including antibacterial and cationic dyeable functional composite materials, achieving international leading technology levels[32]. - The company aims to strengthen its market position by expanding its product range and improving product structure to enhance profitability and risk resilience[28]. - The company is focusing on the development of new technologies such as gas-phase rearrangement and synthetic ammonia, which are crucial for future growth[32]. - The company is advancing the construction of the second phase of the Brunei project, which will add an "olefin-polyolefin" industrial chain, enhancing integrated refining capabilities[80]. - The company is actively expanding its market presence in Southeast Asia, leveraging opportunities from the Belt and Road Initiative to achieve international industrial layout[97]. - The company aims to enhance its differentiated fiber product ratio and promote environmentally friendly new products[55]. Digital Transformation and Innovation - Hengyi Petrochemical's digital transformation efforts include the ongoing construction of the "Hengyi Brain" phase II, aimed at improving operational efficiency and reducing labor costs[5]. - The company is enhancing its supply chain capabilities through digital transformation and smart logistics management, leading to significant growth in transaction volumes[37]. - The company is focusing on digital transformation by integrating "petrochemicals + industrial internet" to enhance operational efficiency and supply chain management[101]. - The company has established a research institute dedicated to advanced materials and green chemicals, enhancing its innovation capabilities and accelerating the commercialization of technological achievements[98]. - The company has implemented advanced production technologies for its main products, ensuring high capacity and low raw material and transportation costs, which enhances environmental standards[86]. Environmental and Sustainability Initiatives - The "Yitai Kang" green and environmentally friendly polyester product achieved scale production, contributing to the company's innovation-driven strategy[5]. - The company is focusing on developing eco-friendly polyester products through innovative processes that reduce dyeing costs and environmental pollution, achieving significant production efficiency[87]. - The company has developed antimony-free polyester through the use of titanium-based catalysts, resulting in environmentally friendly products[90]. - The company emphasizes the recycling of polyester throughout its lifecycle, aiming to overcome existing technological challenges in high-quality recycling[98]. - The company has invested significantly in environmental protection equipment and technology to comply with stringent regulations, but future compliance costs may increase as standards tighten[200]. Market Position and Competitive Advantage - The company has a crude oil processing capacity of 8 million tons per year and a PTA capacity of 19 million tons per year, ranking among the industry leaders[30]. - The company holds a controlling and participating capacity of approximately 10.765 million tons in polyester production, ranking first globally[55]. - The company's PTA production capacity is approximately 1.9 million tons per year, making it the largest PTA manufacturer in the world[54]. - The company has developed into a global leader in the integrated "crude oil-PX-PTA-polyester" and "crude oil-benzene-CPL-nylon" industrial chains, enhancing its core competitiveness and market risk resilience[82]. - The company is leveraging its strategic location in Brunei to tap into the Southeast Asian refining market potential, amidst a volatile international oil price environment[39]. Challenges and Risks - The company reported a significant increase in the production of flame-retardant and antibacterial products, indicating a successful expansion in its product portfolio[5]. - The company does not plan to distribute cash dividends or issue bonus shares for the year, indicating a focus on reinvestment for growth[8]. - The company’s energy procurement costs account for over 30% of total production costs, highlighting the impact of energy prices on overall profitability[85]. - Over 80% of the company's cost structure is determined by upstream raw material prices, making it vulnerable to fluctuations in crude oil prices due to geopolitical factors[199]. - The company has ongoing major non-equity investments, with a total actual investment of ¥2,744,894,774.31 as of the reporting period[150]. Research and Development - The company invested approximately CNY 688 million in research and development during the reporting period, resulting in 511 patent applications, including 310 granted patents[110]. - The number of R&D personnel increased to 1,065 in 2022, a 65.63% increase from 643 in 2021, with a notable rise in the number of PhD holders from 33 to 69, representing a 109.09% increase[140]. - The company has a strong focus on R&D, with multiple invention patents obtained for its innovative technologies[90]. - The project on the industrialization of high-humidity dyeable microfibers is progressing towards large-scale production, which will significantly impact the company's future development[133]. - The company is developing high-performance bio-based polyamides, focusing on high-temperature materials for the electronics and automotive industries, with a goal to establish a thousand-ton continuous polymerization demonstration line[134].

证券代码：000703 证券简称：恒逸石化 公告编号：2023-034 恒逸石化股份有限公司 2、参与方式： 投资者可登录"全景•路演天下"（http://rs.p5w.net）参与本次年度业绩说明会 3、出席本次说明会的人员有： 关于举办 2022 年度网上业绩说明会的公告 公司董事长兼总裁邱奕博先生、公司财务总监方贤水先生、董事会秘书郑新刚先 生以及公司独立董事、保荐代表人等参加。 本公司及其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。 恒逸石化股份有限公司（以下简称"公司"或"恒逸石化"）《2022年年度报告》 及《2022年年度报告摘要》已于2023年4月20日刊登在《证券日报》《中国证券报》 《上海证券报》《证券时报》和指定信息披露网站（巨潮资讯网www.cninfo.com.cn）。 为更好地与广大投资者进行交流，使投资者能够进一步了解公司2022年度经营情 况，公司定于2023年5月8日（星期一）下午15:00-17:00举行2022年度网上业绩说明会， 本次年度业绩说明会将采用网络远程的方式举行，投资者可通过以下方式参与，具体 如下： 1、时间：20 ...