Meeting Overview - The shareholder meeting was held on November 7, 2025, at 14:50, with internet voting available from 9:15 to 15:00 on the same day [3][4] - The meeting took place at the company's office in Hubei Province, specifically at the third floor of the Double Ring Technology office building [5] - The meeting was conducted in accordance with relevant laws and regulations, including the Company Law and the rules of the Shenzhen Stock Exchange [7] Attendance - A total of 312 shareholders and their representatives attended the meeting, representing 161,342,516 shares, which is 27.5933% of the total voting shares [8] - Among them, 311 small shareholders participated, representing 34,575,225 shares, or 5.9132% of the total voting shares [9] Proposal Voting Results - The proposal to increase the expected amount of daily related party transactions for 2025 was approved, with 31,699,889 shares in favor, accounting for 91.6838% of the valid votes from small shareholders [11][12] - The proposal to change the registered capital and amend the Articles of Association was also approved, with 158,487,980 shares in favor, representing 98.2308% of the valid votes [13] - The proposal to reappoint the accounting firm was approved, with 158,431,680 shares in favor, which is 98.1959% of the valid votes [14] Legal Opinion - The legal opinion provided by Shanghai Jintiancheng (Wuhan) Law Firm confirmed that the meeting's procedures, qualifications of the convenor, attendees, and voting processes complied with applicable laws and regulations, rendering the voting results valid [15]

湖北双环科技股份有限公司章程 二〇二五年十一月 目 录 第五章 股东和股东会 第六章 董事会 — 1 — 第一章 总则 第二章 经营宗旨和范围 第三章 股份 第一节 股份发行 第二节 股份增减和回购 第三节 股份转让 第四章 党组织 第一节 党组织机构设置 第二节 公司党委 第三节 公司纪委 第一节 股东的一般规定 第二节 控股股东和实际控制人 第三节 股东会的一般规定 第四节 股东会的召集 第五节 股东会的提案与通知 第六节 股东会的召开 第七节 股东会的表决和决议 第一节 董事的一般规定 第二节 董事会 第三节 独立董事 第四节 董事会专门委员会 第七章 高级管理人员 第九章 通知与公告 第十章 合并、分立、增资、减资、解散和清算 — 2 — 第八章 财务会计制度、利润分配和审计 第一节 财务会计制度 第二节 内部审计 第三节 会计师事务所的聘任 第一节 通知 第二节 公告 第一节 合并、分立、增资和减资 第二节 解散和清算 第十一章 修改章程 第十二章 附则 湖北双环科技股份有限公司章程 第一章 总 则 第一条 为维护公司、股东、职工和债权人的合法权益，规范公司的组 织和行为，根据《中华人民共和国公司法 ...

上海市锦天城（武汉）律师事务所 关于湖北双环科技股份有限公司 二○二五年第三次临时股东会的 地址：武汉市江汉区云霞路 187 号民生金融中心 8 层 03-05 电话：027-83828888 邮编：430030 上海市锦天城（武汉）律师事务所 法律意见书 上海市锦天城（武汉）律师事务所 关于湖北双环科技股份有限公司 二○二五年第三次临时股东会的 法律意见书 致：湖北双环科技股份有限公司 上海市锦天城（武汉）律师事务所（以下简称"本所"）接受湖北双环科技 股份有限公司（以下简称"公司"）委托，委派本律师出席公司召开的二○二五 年第三次临时股东会（以下简称"本次股东会"），根据《中华人民共和国公司法》 （以下简称《公司法》）、《上市公司股东会规则》等法律、法规、规章和其他规 范性文件以及《湖北双环科技股份有限公司章程》（以下简称《公司章程》）的有 关规定，出具本法律意见书。 法律意见书 为出具本法律意见书，本所及本所律师依据《律师事务所从事证券法律业务 管理办法》和《律师事务所证券法律业务执业规则（试行）》等规定，严格履行 了法定职责，遵循了勤勉尽责和诚实信用原则，对本次股东会所涉及的相关事项 进行了必要的核查 ...

证券代码：000707 证券简称：双环科技 公告编号：2025-053 湖北双环科技股份有限公司 2025 年第三次临时股东会决议公告 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 特别提示 1、本次股东会不存在否决议案的情形。 2、本次股东会不涉及变更以往股东会已通过的决议。 1、本次股东会现场会议召开时间为 2025 年 11 月 7 日（星期五）下午 14:50。 深交所互联网投票系统的投票时间为：2025 年 11 月 7 日上午 9:15－下午 15:00。 深交所交易系统投票时间为：2025 年 11 月 7 日上午 9:15—9:25，9:30—11:30 和 下午 13:00—15:00。 2、现场会议召开地点：湖北省应城市东马坊团结大道 26 号双环科技办公大 楼三楼一号会议室。 3、召开方式：现场投票与网络投票相结合。 4、召集人：公司董事会 5、主持人：公司董事长汪万新先生 6、本次会议的召集、召开符合《中华人民共和国公司法》、《上市公司股 东会规则》、《深圳证券交易所股票上市规则》等有关法律、行政法规、部门规 章、规范性文件和《湖北双 ...

Core Insights - Hubei Shuanghuan Technology Co., Ltd. has signed a strategic cooperation agreement with Shenzhen Liangjian Sodium Battery Technology Co., Ltd. to collaborate on the research and development of sodium-ion battery cathode materials and market application expansion [1] Company Summary - Shenzhen Liangjian Sodium Battery Technology covers key aspects of the sodium-ion battery supply chain, including raw materials, cells, and battery modules, and has established a complete industrial chain with domestic and international customer resources in sectors such as two-wheeled vehicles, start-stop power sources, and energy storage [1] - Hubei Shuanghuan Technology is recognized as a representative enterprise in the integration of chemical and new energy development, possessing significant advantages in resource integration and industrial synergy [1] Industry Summary - The cooperation aims to accelerate the marketization and large-scale application of sodium-ion battery technology, contributing to the national "dual carbon" goals [1] - The establishment of this strategic partnership signifies the intention to create an efficient collaborative mechanism to seize development opportunities in the sodium battery industry and support the high-quality development of the new energy sector [1]

Core Viewpoint - The company has disclosed its third-quarter financial report for 2025, ensuring the accuracy and completeness of the information provided, and has completed the acquisition of a majority stake in Hongyi Chemical Technology Co., Ltd. [1][2][5] Financial Data - The third-quarter financial report has not been audited [8] - The company has made retrospective adjustments to its financial data due to a business combination under common control [3][4] - The net profit of the acquired entity before the merger was approximately 121.58 million yuan, compared to 44.94 million yuan in the previous period [7] Shareholder Information - The company plans to raise no more than 708.96 million yuan through a private placement to acquire 68.59% of Hongyi Chemical Technology Co., Ltd. [5] - The acquisition has received necessary approvals from regulatory authorities and has been completed, with the company set to consolidate Hongyi's financials starting from August 1, 2025 [5] Board Meeting - The company's 14th meeting of the 11th Board of Directors was held on October 27, 2025, with all 9 directors present [9][11] - The meeting approved the third-quarter report with unanimous consent [14]

Group 1 - The core point of the article is that Shuanghuan Technology (SZ 000707) announced the convening of its 14th meeting of the 11th board of directors on October 27, 2025, via communication voting, where the Q3 2025 report was reviewed [1] - For the first half of 2025, Shuanghuan Technology's revenue composition was 86.44% from alkali and other chemical products, while other businesses accounted for 13.56% [1] - As of the report date, Shuanghuan Technology's market capitalization was 3.8 billion yuan [1]

Core Viewpoint - The company reported a significant decline in both revenue and net profit for the first three quarters of 2025 compared to the previous year [1] Financial Performance - The company achieved an operating revenue of 1.551 billion yuan, representing a year-on-year decrease of 24.03% [1] - The net profit attributable to shareholders was -26 million yuan, reflecting a year-on-year decline of 107.73% [1] - Basic earnings per share were -0.05 yuan, down 107.30% year-on-year [1]

证券代码：000707 证券简称：双环科技 公告编号：2025-051 4.本次董事会会议由董事长汪万新先生主持。 5.本次会议的召开符合有关法律、行政法规、部门规章、规范性文件和公司 章程的规定。 二、会议审议通过了以下议案 湖北双环科技股份有限公司 第十一届董事会第十四次会议决议公告 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。 一、董事会会议召开情况 1.湖北双环科技股份有限公司（以下简称"公司"）第十一届董事会第十四次 会议通知于 2025 年 10 月 22 日以电子通讯的形式发出。 2.本次会议于 2025 年 10 月 27 日采用通讯表决的方式召开。 3.本次会议应出席的董事 9 人，实际出席会议的董事 9 人。 1、审议并通过了《2025 年第三季度报告》 表决结果：同意 9 票，反对 0 票，弃权 0 票，议案获得通过。 具体内容详见公司同日披露的《2025 年第三季度报告》，公告编号：2025-052。 三、备查文件 湖北双环科技股份有限公司第十一届董事会第十四次会议决议。 湖北双环科技股份有限公司董事会 2025 年 10 月 27 ...

Financial Performance - The company's operating revenue for the third quarter was ¥454,906,100, a decrease of 10.90% compared to the same period last year[5] - The net profit attributable to shareholders was ¥-39,640,880, representing a significant decline of 274.54% year-on-year[5] - The basic earnings per share (EPS) was ¥-0.0728, down 248.88% from ¥0.0458 in the previous year[5] - Net profit decreased by 92.45% to CNY 27.31 million, attributed to a decline in sales prices of main products and a larger drop in revenue compared to cost[12] - Net profit for the current period is ¥27,307,192.12, a significant decrease compared to ¥361,839,391.88 in the previous period, indicating a decline of approximately 92.5%[24] - Operating profit for the current period is ¥66,884,995.24, down from ¥374,165,804.93 in the previous period, reflecting a decrease of about 82.1%[24] - Total revenue from operating activities decreased to ¥638,434,109.10 from ¥1,085,769,492.42, representing a decline of approximately 41.1%[28] - The company’s total comprehensive income for the current period is ¥27,307,192.12, compared to ¥366,024,149.43 in the previous period, reflecting a decrease of about 92.6%[25] Assets and Liabilities - The total assets at the end of the reporting period were ¥5,680,404,638.87, an increase of 5.59% compared to the beginning of the year[5] - Total assets increased to 5,680,404,638.87 RMB from 5,379,933,510.58 RMB, showing overall growth in the asset base[21] - Total liabilities rose to 2,784,017,395.91 RMB from 2,218,050,637.26 RMB, indicating increased leverage[21] - The equity attributable to shareholders increased by 9.31% to ¥2,847,426,035.57 compared to the beginning of the year[5] - The company's equity attributable to shareholders increased to 2,847,426,035.57 RMB from 2,604,885,419.28 RMB, reflecting retained earnings and capital growth[21] Cash Flow - The net cash flow from operating activities was ¥-55,303,530, a decrease of 113.51% compared to the same period last year[5] - Operating cash flow turned negative at CNY -55.30 million, a decrease of 113.51% compared to the previous year, driven by falling prices of key products[12] - Cash flow from operating activities turned negative at -¥55,303,532.24, compared to a positive cash flow of ¥409,272,051.29 in the previous period[28] - Cash and cash equivalents decreased to 1,163,595,541.69 RMB from 1,451,664,955.36 RMB at the beginning of the period, reflecting a liquidity contraction[19] - Cash and cash equivalents at the end of the period decreased to ¥1,163,595,541.69 from ¥1,326,625,076.21, a decline of about 12.3%[28] Investments and Financing - The company reported a significant increase in accounts receivable financing by 183.43%, reaching ¥284,650,238.95[11] - The net cash flow from financing activities increased by 76.87% to CNY 638.33 million, mainly due to a reduction in bank loan repayments[13] - The company raised funds not exceeding 708.96 million RMB for acquiring 68.59% equity in Hongyi Chemical Technology Co., Ltd., with the acquisition process completed and shares issued[17] - Investment income fell by 53.57% to CNY 1.99 million, primarily due to a decrease in interest income from structured deposits[12] - Investment activities generated a net cash outflow of -¥871,093,296.23, worsening from -¥465,301,443.07 in the previous period[28] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 39,069[15] - The largest shareholder, Hubei Shuanghuan Chemical Group Co., Ltd., holds 21.68% of the shares[15] Other Financial Metrics - The company recognized government subsidies amounting to ¥2,296,090.75 during the reporting period[8] - The net profit from non-recurring items was ¥7,377,203.10 for the current reporting period[8] - Fixed assets increased by 45.32% to approximately CNY 3.39 billion, primarily due to the completion of construction projects[12] - Contract liabilities rose by 105.36% to CNY 198.51 million, mainly due to an increase in advance receipts[12] - Other payables surged by 1101.01% to CNY 211.43 million, mainly due to increased transitional profit and loss payable to shareholders[12] - Deferred income rose by 32.01% to CNY 118.04 million, attributed to subsidies received for technology upgrade projects[12] - The company reported a significant increase in tax expenses, totaling ¥41,381,435.92, compared to ¥16,934,627.42 in the previous period, marking an increase of approximately 144.5%[24] - Basic and diluted earnings per share for the current period are both -¥0.0534, a stark contrast to ¥0.7313 in the previous period[25]