Core Viewpoint - Antibacterial glass is an emerging functional glass that not only retains the original functions and decorative effects of glass but also adds the ability to inhibit and kill pathogenic microorganisms, leading to increased demand across various sectors [1][7]. Market Overview - The market size of the antibacterial glass industry in China reached 1.16 billion yuan in 2018 and is projected to grow to 2 billion yuan by 2024, with a compound annual growth rate (CAGR) of 9.5% [1][8]. - In 2020, due to the pandemic, the market size in the medical field increased by 13.3% due to the strong antibacterial capabilities of the glass [1]. Industry Chain - The upstream of the antibacterial glass industry includes raw materials such as quartz sand, soda ash, and nano antibacterial agents, with quartz sand being the core raw material [6]. - The midstream involves the production and manufacturing of antibacterial glass, while the downstream includes application fields such as healthcare, food processing, and construction [6]. Product Characteristics - Antibacterial glass is categorized into different types based on antibacterial mechanisms, including silicon-silver coated, silicon-titanium coated, and silicon-fluorine coated antibacterial glass, each with unique properties [4][5]. Competitive Landscape - The antibacterial glass industry is primarily dominated by foreign companies, with significant market share held by firms like Corning in the U.S. However, domestic companies are gradually increasing their market share through technological advancements [8]. Development Trends - Market demand for antibacterial glass is expected to continue growing, particularly in healthcare, food packaging, and construction sectors, driven by increasing consumer health awareness [10]. - Companies in the antibacterial glass industry are focusing on green and sustainable development, emphasizing the use of eco-friendly materials and reducing energy consumption [11]. - There is a need for companies to explore international markets, especially in Southeast Asia and the Middle East, where there is a rising demand for antibacterial glass products due to public health upgrades and infrastructure development [12].

Group 1 - The company announced that it will provide a guarantee for a joint venture, Shandong Haohua Liwei New Materials Co., Ltd., to meet its operational funding needs [1] - The total amount of the bank loan guarantee is 30 million yuan, with the company providing 15.3 million yuan as part of the guarantee [1] - After this guarantee, the total guarantee amount for the company and its subsidiaries will be 257.6 million yuan, with the external guarantee balance being 116.1473 million yuan, which accounts for 2.23% of the company's latest audited net assets [1]

Core Viewpoint - Shandong Haihua (000822.SZ) reported a significant decline in revenue and incurred a net loss for the first half of 2025 [1] Financial Performance - The company's operating revenue for the first half of 2025 was 2.138 billion yuan, representing a year-on-year decrease of 38.45% [1] - The net loss attributable to shareholders of the listed company was 258 million yuan [1] - The net loss attributable to shareholders after deducting non-recurring gains and losses was 284 million yuan [1] - The basic loss per share was 0.29 yuan [1]

Core Viewpoint - Shandong Haihua (000822.SZ) reported a significant decline in revenue and a net loss for the first half of 2025, indicating financial challenges for the company [1] Financial Performance - The company achieved an operating revenue of 2.138 billion yuan, a year-on-year decrease of 38.45% [1] - The net profit attributable to shareholders of the listed company was -258 million yuan, marking a shift from profit to loss compared to the previous year [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -284 million yuan [1] - The basic earnings per share were -0.29 yuan [1]

Core Viewpoint - The company has prudently recognized asset impairment provisions for the first half of 2025, ensuring compliance with relevant accounting standards and reflecting a fair financial position [1] Summary by Relevant Sections - The company has conducted a review of the asset impairment provisions in accordance with the Shenzhen Stock Exchange listing rules and accounting standards [1] - The asset impairment provisions are deemed to be in line with the principle of prudence, which enhances the fairness of the company's financial status [1] - The review process was compliant with regulations, and no actions were found that would harm the interests of the company or its shareholders, particularly minority shareholders [1]

Meeting Details - The 2025 Fourth Meeting of the Ninth Supervisory Board of Shandong Haohua was held on August 21, 2025, with all four attending supervisors present [1] - The meeting was convened in accordance with relevant laws, regulations, and the company's articles of association [1] Meeting Resolutions - The board's preparation and review of the 2025 Half-Year Report were confirmed to comply with legal and regulatory requirements, accurately reflecting the company's actual situation [2] - The company agreed to provide a guarantee of 15.3 million yuan for a 30 million yuan bank loan to its joint venture, Shandong Haohua Liwei New Materials Co., Ltd., with a guarantee period not exceeding 36 months [2] - The company conducted impairment testing on inventories and receivables as of June 30, 2025, and recognized asset impairment provisions based on the test results [2] - The company decided to amend 25 internal regulations, including the Articles of Association, to enhance governance and operational standards [2]

Meeting Information - The company has announced the second extraordinary general meeting of shareholders for 2025, scheduled for September 10, 2025, at 14:30 [1] - The meeting will be conducted in a hybrid format, combining an on-site meeting with online voting [1] - Online voting will be available through the Shenzhen Stock Exchange trading system and internet voting system on the same day [1] Eligibility and Attendance - Shareholders registered by the close of trading on September 4, 2025, are eligible to attend the meeting and vote [2] - The meeting is open to company directors, supervisors, senior management, and appointed lawyers, as well as other attendees as required by regulations [2][3] Agenda and Voting Procedures - The meeting will discuss several proposals, including special resolutions that require a two-thirds majority for approval [2] - Shareholders can vote in person or through a proxy, with specific identification and documentation required for both natural and legal persons [2][3] - Detailed voting procedures for both the trading system and internet voting system are provided [4][6] Additional Information - The company will provide further notifications regarding the progress of the meeting [4] - A power of attorney template for proxy voting is included in the announcement [4][5]

Core Viewpoint - The document outlines the operational guidelines and responsibilities of the Audit Committee of Shandong Haihua Co., Ltd, emphasizing its role in overseeing financial information, internal controls, and audit processes to ensure transparency and accountability within the company [1][2][3]. Chapter Summaries Chapter 1: General Principles - The Audit Committee is established to enhance the internal supervision mechanism of the company, ensuring compliance with relevant laws and regulations [1]. Chapter 2: Establishment and Operation of the Audit Committee - The Audit Committee consists of three directors, including two independent directors, with a professional accountant serving as the chairperson [3][4]. - Committee members must possess relevant professional knowledge and experience, ensuring diligent oversight of audit activities [2][3]. - The committee is required to meet at least quarterly, with provisions for additional meetings as necessary [3][5]. Chapter 3: Responsibilities and Powers of the Audit Committee - The main responsibilities include reviewing financial information, supervising external and internal audits, and ensuring effective internal controls [6][7]. - The committee must approve significant financial disclosures and the hiring or dismissal of external auditors [6][7]. - It is empowered to investigate financial misconduct and oversee the internal audit process, ensuring compliance with regulations [10][11]. Chapter 4: Annual Reporting Procedures - The Audit Committee is responsible for collaborating with external auditors during the annual report preparation, ensuring timely and accurate financial reporting [30]. Chapter 5: Supplementary Provisions - The guidelines take effect upon approval by the board and are subject to relevant laws and regulations [31][32].

Core Points - The document outlines the asset impairment management system of Shandong Haihua Co., Ltd, aiming to enhance financial management and mitigate asset loss risks [1] - The system applies to the company and its subsidiaries, covering various asset types including financial assets, inventory, and long-term assets [2] Financial Asset Impairment - The company recognizes impairment losses for financial assets based on expected credit losses [2] - Expected credit losses are calculated as the present value of cash flow shortfalls, weighted by the risk of default [2][3] - Financial instruments are categorized into three stages based on credit risk changes, affecting the measurement of expected credit losses [3][4] Inventory Impairment - Inventory is measured at the lower of cost and net realizable value, with provisions made when costs exceed realizable values [6] - The net realizable value is determined based on estimated selling prices minus estimated costs and taxes [7] Long-term Asset Impairment - Long-term equity investments are assessed for impairment when their recoverable amount is less than their carrying value [7] - The recoverable amount is determined as the higher of fair value less costs to sell and the present value of expected future cash flows [8] Impairment Testing Procedures - The company conducts annual assessments of asset impairment, requiring detailed reports on any identified impairment indicators [10] - The financial center verifies the recoverable amounts and proposes impairment provisions for approval [10] Disclosure Requirements - The company must disclose impairment provisions or write-offs in accordance with relevant laws and regulations [17]

山东海化股份有限公司 董事、高级管理人员离职管理制度 目 录 券交易所规则及公司章程等有关规定，制定本制度。 ）董事、高 第二条 本制度适用于公司全体董事（含独立董事）及高级管理人员 的辞任、辞职、任期届满、解任等离职情形。 第一章 总 则 级管理人员的离职管理，保障公司治理结构的稳定性，维护公司及股东的 合法权益，根据《中华人民共和国公司法》 《中华人民共和国证券法》 第二章 离职情形与生效条件 第一条 为规范山东海化股份有限公司（以下简称"公司" 、证 第三条 董事、高级管理人员任期届满，除非经股东会或职工代表大 会选举或董事会聘任连任，其职务自任期届满之日起自然终止。 项情形或者独立董事出现不符合独立性条件情形的，相关董事、高级管理 人员应当立即停止履职并由公司按相应规定解除其职务。董事、高级管理 人员在任职期间出现本条（三）（四）项情形的，公司应当在该事实发生 之日起三十日内解除其职务。但，证券交易所另有规定的除外。 第四条 董事、高级管理人员可以在任期届满前辞任或辞职。 （一）根据法律法规及其他有关规定不得担任董事、高级管理人员的 情形； 董事辞任、高级管理人员辞职应当提交书面报告。董事辞任的，自公 ...