2019 年第一期新兴铸管股份有限公司 绿色债券 及 2019 年第二期新兴铸管股份有限公司 绿色债券 2024 年度债权代理事务报告并 企业履约情况及偿债能力分析报告 发行人： 新兴铸管股份有限公司 主承销商： 天风证券股份有限公司 2025 年 6 月 致 2019 年第一期新兴铸管股份有限公司绿色债券及 2019 年第二期 新兴铸管股份有限公司绿色债券全体持有人： 本公司按照法律法规有关规定和《募集说明书》、《债权代理协议》 等的约定履行主承销商、债权代理人的职责。为出具本报告，本公司 对发行人 2024 年度的履约情况及偿债能力进行了跟踪和分析。 本报告依据本公司对有关情况的调查、发行人或相关政府部门出 具的证明文件进行判断，对本公司履行债权代理人和主承销商职责期 间所了解的信息进行披露，并出具结论意见。 本公司未对本次债券的投资价值做出任何评价，也未对本次债券 的投资风险做出任何判断。本次债券的投资者应自行判断和承担投资 2 风险。 现将截至本报告出具之日的债权代理事项报告如下： 一、 本次债券基本要素 鉴于： 1、新兴铸管股份有限公司(以下简称"发行人"或"公司")与天风证 券股份有限公司（以下简 ...

Investment Rating - The industry is rated as "Buy" for key stocks such as Xining Steel, Nanjing Steel, Hualing Steel, and Baosteel, with a recommendation to increase holdings in New Steel Pipe and Ningjin Steel [6][9]. Core Insights - The black metallurgy industry is gradually recovering its profitability, with a total profit of 31.69 billion yuan from January to May 2025, compared to a loss of 12.72 billion yuan in the same period last year [4][13]. - The average daily pig iron production has slightly increased to 2.423 million tons, indicating a recovery in production capacity utilization [12][18]. - The total inventory of steel has shifted from a decrease to an increase, with social inventory showing a slower depletion rate [25][39]. - The demand for steel products has weakened, with apparent consumption of major steel varieties decreasing by 0.5% week-on-week [39][50]. - The iron ore price has slightly rebounded, with the Platts 62% iron ore price index at 94.4 USD/ton, reflecting a week-on-week increase of 1.5% [57][70]. Summary by Sections Supply - Daily pig iron production has increased by 0.1 million tons to 2.423 million tons, with a slight rise in production capacity utilization for blast furnaces [12][18]. Inventory - The total inventory of five major steel varieties has increased by 0.1%, with social inventory decreasing by 0.7% year-on-year [25][27]. Demand - Apparent consumption of five major steel varieties has decreased by 0.5% week-on-week, with rebar consumption slightly increasing by 0.3% [39][50]. Raw Materials - Iron ore prices have shown a slight increase, while coke prices have decreased, indicating potential pressure on raw material costs [50][57]. Prices and Profits - The current steel price index has slightly declined, but immediate gross margins have improved, with long-process steel products showing a cost of 3,177 yuan/ton and a loss of 77 yuan/ton [69][71].

新兴铸管股份有限公司（以下简称"本公司"或"公司"）2024年度利润分配 方案已获2025年5月8日召开的2024年度股东大会审议通过，现将权益分派事宜公 告如下： 一、股东大会审议通过利润分配方案情况 1、公司股东大会审议通过的2024年度利润分配方案为：以公司现有股份总额 3,963,182,285股为基数向全体股东每10股派发现金股利0.20元（含税），2024年 度不派送红股，不进行资本公积金转增股本，预计派发现金股利79,263,645.70元 （含税）。本次利润分配方案披露后至实施前，出现股权激励行权、可转债转股、 股份回购等股本总额发生变动情形时，公司拟按照分配比例固定的原则以未来实 施分配方案时股权登记日的总股本为基数，对分配总金额进行调整。 2、自利润分配方案披露至实施期间公司股本总额未发生变化。 证券代码：000778 证券简称：新兴铸管 公告编号：2025-31 新兴铸管股份有限公司 2024 年度分红派息实施公告 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。 3、本次实施的利润分配方案与股东大会审议通过的利润分配方案一致。 4、本次实 ...

债券简称：19 新兴 01 债券代码：112934 债券简称：21 新兴 01 债券代码：149504 新兴铸管股份有限公司 （住所：武安市上洛阳村北） 面向合格投资者公开发行公司债券 受托管理事务报告 （2024 年度） 债券受托管理人 （住所：上海市静安区新闸路 1508 号） 2025 年 6 月 I 契约锁 重要声明 光大证券股份有限公司（以下简称"光大证券"）编制本报告的内容及信息均 来源于新兴铸管股份有限公司（以下简称"发行人"）对外公布的《2024 年年度 报告》等相关公开信息披露文件、第三方中介机构出具的专业意见以及发行人向 光大证券提供的其他材料。 本报告不构成对投资者进行或不进行某项行为的推荐意见，投资者应对相关 事宜做出独立判断，而不应将本报告中的任何内容据以作为光大证券所作的承诺 或声明。 契约锁 | | | | 重要声明 | I | | --- | --- | | 目 录 | II | | 第一章 | 本期债券概况及受托管理人履行职责情况 3 | | 第二章 | 发行人经营与财务状况 6 | | 第三章 | 发行人募集资金使用及专项账户运作与核查情况 8 | | 第四章 | 本期债券 ...

Group 1 - The core point of the announcement is that the controlling shareholder, Xinxing Jihua Group, has completed a share buyback plan, acquiring a total of 43,509,700 shares, which represents 1.10% of the company's total share capital [1][2] - The total amount spent on the share buyback is between RMB 1.5 billion and RMB 3 billion, and the buyback does not exceed 2% of the company's total share capital [1][2] - After the completion of the buyback, Xinxing Jihua Group holds 1,638,318,003 shares, which is 41.34% of the total share capital, an increase from 40.24% prior to the buyback [2] Group 2 - The buyback was executed in compliance with relevant regulations from the China Securities Regulatory Commission and Shenzhen Stock Exchange, ensuring no insider trading or short-term trading occurred during the process [2] - The buyback plan aligns with previously disclosed plans and commitments, and it does not result in a change of control for the company [3]

Core Viewpoint - The legal opinion letter confirms that the controlling shareholder of Xinxing Casting Pipe Co., Ltd., Xinxing Jihua Group Co., Ltd., is legally qualified to increase its shareholding in the company, and the increase complies with relevant laws and regulations [1][5][9]. Group 1: Shareholder Information - The controlling shareholder, Xinxing Jihua Group, holds 1,594,808,303 shares, accounting for 40.24% of the company's total issued shares before the increase [5]. - The registered capital of Xinxing Jihua Group is 518.73 million yuan, and it was established on January 8, 1997 [4]. Group 2: Increase Details - The increase plan was announced on December 21, 2024, with a total investment of no less than 150 million yuan and no more than 300 million yuan, representing up to 2% of the company's total share capital [7]. - As of June 20, 2025, Xinxing Jihua Group has increased its holdings by 43,509,700 shares, which is 1.10% of the total share capital, with a total investment of 152,642,645 yuan [7]. Group 3: Compliance and Disclosure - The increase falls under the exemption from mandatory tender offer as it does not exceed the 2% threshold within 12 months after holding more than 30% of the shares [8]. - The company has fulfilled its information disclosure obligations regarding the increase, including details about the shareholder and the increase plan [9].

Group 1: Competitive Advantages - The company has established a strategic layout advantage with production capacity covering major regions in China and international expansion, including successful operations in Egypt [1][2]. - Customer service advantage is highlighted by a nationwide network of 25 sales branches and exports to over 120 countries, ensuring comprehensive service [2]. - Technological innovation is a key strength, with a robust R&D system and recognition for projects like the "Drinking Water Safety Assurance Technology System," which won a national science and technology progress award [2][4]. - The company maintains a refined management capability, achieving advanced cost and profitability rankings in the industry [2]. - Brand value is reinforced through multiple awards and recognitions, including being listed in the "Top 500 Asian Brands" for ten consecutive years [2][4]. Group 2: Financial and Legal Matters - The company is involved in three litigation and arbitration cases with a total amount of 573.3 million yuan, exceeding the total annual profit [2]. - The company has implemented measures to manage losses in underperforming sectors, focusing on cost control and efficiency improvements [10][12]. - As of June 13, 2025, the controlling shareholder has increased their stake by acquiring 31,839,700 shares, totaling 1,626,648,003 shares held [22]. Group 3: Market Outlook and Performance - The company aims to enhance its core competitiveness and profitability amidst a challenging macroeconomic environment, with a target to outperform industry averages [6][18]. - The first quarter of 2025 saw a production capacity utilization rate of over 80%, significantly higher than industry peers [4]. - The company is actively pursuing new growth opportunities in emerging industries and optimizing its existing operations to ensure sustainable development [21][23].

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： 证券代码：000778 证券简称：新兴铸管 公告编号：2025-30 新兴铸管股份有限公司 关于控股股东增持公司股份计划实施完成的公告 1、新兴铸管股份有限公司(以下简称"公司"或"新兴铸管")于 2024 年 12 月 21 日在巨潮资讯网上披露的《关于控股股东计划增持公司股份的公告》（公告编号：2024- 60），公司控股股东新兴际华集团有限公司（以下简称"新兴际华集团"）计划通过深圳 证券交易所允许的方式（集中竞价或大宗交易）增持新兴铸管 A 股股票，累计增持总金 额不低于人民币 1.5 亿元（含），不超过人民币 3 亿元（含），且不超过上市公司总股 本的 2%。 2、截至本公告披露日新兴际华集团通过深圳证券交易所交易系统，以集中竞价方式 累计增持公司股份 43,509,700 股，占公司总股本的 1.10%，累计增持股份金额 152,642,645 元（不含交易费用等）。本次增持后，新兴际华集团合计持有公司股份 1,638,318,003 股，占公司总股本的 41.34%。 截至本公告披露日， ...

北京市中伦律师事务所 关于新兴铸管股份有限公司 控股股东增持公司股份的 法律意见书 $$\Xi{\cal O}\,{\underline{{{\longrightarrow}}}}\,\,\mathbb{H}\,\mathbb{H}\,\mathbb{H}$$ 法律意见书 | 一、 增持主体的主体资格 | | --- | | 二、 本次増持的具体情况 . | | （一） 本次增持前增持主体的持股情况 . | | （二） 本次增持的具体内容和实施情况 . | | （三） 本次增持完成后增持主体的持股情况 . | | 三、 本次增持属于《收购管理办法》规定的免于发出要约的情形 | | 四、 本次增持的信息披露情况 | | 五、 结论意见 | 北京市中伦律师事务所 法律意见书 关于新兴铸管股份有限公司 控股股东增持公司股份的 法律意见书 致：新兴铸管股份有限公司 北京市中伦律师事务所（以下简称"本所"）接受新兴铸管股份有限公司（以 下简称"公司"）控股股东新兴际华集团有限公司（以下简称"新兴际华集团" 或"增持人"）委托，就公司控股股东增持股份（以下简称"本次增持"）事项 出具法律意见。 为出具本法律意见书，本所律 ...

Core Viewpoint - The report discusses the resignation of Liu Tao, the general manager of Xinxing Casting Co., Ltd., and its implications for the company's operations and debt repayment capacity [4]. Group 1: Company Overview - Xinxing Casting Co., Ltd. is located in Wuan City, with its legal representative being He Qishu [3]. - The company issued bonds in 2021 aimed at qualified investors, with specific provisions for interest rate adjustments and investor redemption options [3]. Group 2: Management Changes - Liu Tao submitted his resignation on June 13, 2025, due to work-related reasons, and will no longer hold any position within the company [4]. - His resignation will not affect the minimum number of board members required by law, and the company will proceed with the necessary procedures to appoint a new general manager [4]. Group 3: Impact on Debt Repayment Capacity - The change in management is considered a normal occurrence in the company's operations and is not expected to adversely affect daily management, production, or debt repayment capabilities [4]. - The trustee, Everbright Securities, will continue to monitor the company's operational and financial status, as well as the repayment of bond principal and interest [4].