北京市重光律师事务所 关于诚志股份有限公司 2024 年年度股东大会 法律意见书 致：诚志股份有限公司 北京市重光律师事务所（以下简称"本所"）接受诚志股份有限公司（以下简称"公 司"）的委托，指派李静律师和刘伟东律师（以下简称"本所律师"）出席公司 2024 年 年度股东大会，并依据《中华人民共和国公司法》、《中华人民共和国证券法》和《上市 公司股东会规则》、《深圳证券交易所上市公司股东会网络投票实施细则》以及《诚志股 份有限公司章程》（以下简称"《公司章程》"）、《诚志股份有限公司股东大会议事规则》 （以下简称"《股东大会规则》"）等的规定出具本法律意见书。 本所律师依法对公司 2024 年年度股东大会召集、召开程序是否合法及是否符合《公 司章程》、召集人资格及出席会议人员资格的合法有效性和股东大会表决程序、表决结 果的合法有效性予以见证并发表法律意见。本所律师同意将本法律意见书作为公司 2024 年年度股东大会的必备文件公告，本所律师确认法律意见书中不存在虚假、严重误导性 陈述及重大遗漏，否则愿意承担相应的法律责任。 按照律师行业公认的业务标准、道德规范和勤勉尽责精神，本所律师对公司本次股 东大会的相关 ...

2024年，子公司诚志永华在持续稳固单色市场份额领先地位的同时，投入TFT混合液晶材料的自主专利 技术研发并收购相关专利，以技术创新提升竞争力，同时配合灵活的营销策略及严格的质控手段，在国 内市场需求有所下滑的不利情形下实现逆势上扬，产品销量、销售收入、净利润均同比增长。其中，中 国大陆所有客户全部实现量产，海外客户各量产应用型号稳定出货，新项目陆续突破，出货量环比增长 约87%。同时，公司还积极向OLED材料、液晶涂布材料、光刻胶材料、有机硅OCA材料等领域拓展， 以期降低业务单一的风险。 在高端化工新材料方面，诚志股份积极布局超高相对分子质量聚乙烯(UHMWPE)、聚烯烃弹性体(POE) 等项目，进一步丰富和优化烯烃产品结构，提升产品的附加值和市场竞争力。 2024年10月28日，新材料一体化丙烯价值链项目产品首发，标志着诚志2.0产品大纲已从设想变成现 实；投产当天即售出80吨辛醇，让公司实现了快速"回血"，为诚志股份维持经营性正现金流、提升业绩 注入了"新生力量"。由此，诚志股份由基础化工原料生产的"1.0"发展阶段，正式迈向核心产业聚焦存 量和增量、做优做强特色产业链的"2.0"发展阶段。 "两翼" ...

证券代码：000990 证券简称：诚志股份 公告编号：2025-019 诚志股份有限公司 关于子公司南京诚志为诚志永清提供担保的进展公告 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。 诚志股份有限公司（以下简称"公司"）第八届董事会第七次会议和公司2023年年 度股东大会审议通过了《关于子公司南京诚志2024年度为诚志永清提供担保的议案》， 具体内容详见公司于2024年3月13日披露的《关于为控股子公司提供担保的公告》（公告 编号：2024-014）。现就公司全资子公司南京诚志清洁能源有限公司（以下简称"南京 诚志"）为其全资子公司南京诚志永清能源科技有限公司（以下简称"诚志永清"）提 供担保相关事项的进展情况公告如下： 一、担保情况概述 2025年3月28日，南京诚志与交通银行股份有限公司江苏省分行签订了《保证合同》， 为诚志永清向交通银行股份有限公司江苏省分行申请的流动资金贷款提供担保，担保的 债权额度为人民币20,000万元。 二、担保协议的主要内容 南京诚志与交通银行股份有限公司江苏省分行签订的《保证合同》 保证人：南京诚志清洁能源有限公司 债务人： ...

Core Insights - The company reported a slight decline in revenue but a significant increase in net profit, indicating effective cost management and business optimization strategies [1][2][3] Financial Performance - The company achieved an annual revenue of 11.066 billion yuan, a year-on-year decrease of over 10%, while the net profit attributable to shareholders was 231 million yuan, a year-on-year increase of 29.98% [1] - The operating cash flow for 2024 was 1.379 billion yuan, a decrease of 0.67% year-on-year, primarily due to increased accounts receivable turnover days and higher inventory costs [3] - Total assets reached 27.08 billion yuan, a 5.19% increase from the previous year, while net assets attributable to shareholders grew by 1.03% to 17.832 billion yuan [2][3] Business Segments - Clean Energy: This segment accounted for 80.9% of total revenue, demonstrating resilience despite high raw material prices, achieving a gross margin of 9.8% [1][2] - Semiconductor Display Materials: Contributed 12.3% to revenue, with significant growth in sales volume and income, particularly from the subsidiary Chengzhi Yonghua, which saw over 10% growth in TFT LCD sales [2] - Life Medical: Represented 6.3% of revenue and is viewed as a new growth driver, with collaborations with universities to enhance research and development [2] Strategic Direction - The company is focusing on the "One Body, Two Wings" strategy, aiming for high-quality development through product structure optimization and value addition [3] - Plans to expand into high-end chemical new materials in the clean energy sector and enhance proprietary technology in semiconductor display materials [3] - In the life medical sector, the company aims to increase application areas and brand value while monitoring high-value product fields [3]

Core Viewpoint - Chengzhi Co., Ltd. reported a decline in revenue for 2024 while achieving significant growth in net profit and cash flow, indicating a strategic focus on sustainable development and innovation in key business sectors [1][2]. Group 1: Financial Performance - The company achieved an operating income of 11.066 billion yuan, a year-on-year decrease of 10.88% [1]. - Net profit attributable to shareholders was 231 million yuan, reflecting a year-on-year increase of 29.98% [1]. - The net cash flow from operating activities was 1.379 billion yuan, showing a slight decrease compared to 2023 [1]. - The company plans to distribute a cash dividend of 0.50 yuan per 10 shares, totaling approximately 60.76 million yuan [1]. Group 2: Business Segments - The clean energy sector is the largest business segment, generating 8.952 billion yuan in revenue, accounting for 80.89% of total revenue, with a gross margin increase of 2.06% to 9.80% [2]. - The semiconductor display materials segment, which has the highest gross margin, achieved revenue of 1.356 billion yuan, with growth in sales and net profit despite a decline in domestic market demand [3]. - The life medical segment generated 702 million yuan in revenue, representing 6.35% of total revenue, with significant developments in industrial hemp processing and CBD product sales [3]. Group 3: Strategic Initiatives - The company is actively exploring technological innovations and structural adjustments in the clean energy business, focusing on high-end chemical new materials [2]. - Chengzhi Co., Ltd. is investing in R&D for TFT mixed liquid crystal materials and expanding into OLED materials and other related fields to mitigate business risks [3]. - A collaboration with Beijing University of Chemical Technology has been established to enhance research in synthetic biology, aiming to strengthen the company's competitive position in this emerging field [4].

Core Insights - The company reported a revenue of 11.066 billion yuan in 2024, a decrease of 10.88% year-on-year, while net profit attributable to shareholders increased by 29.98% to 231 million yuan, indicating a successful optimization of revenue structure [1] Group 1: Clean Energy Business - The clean energy segment is the core business of the company, generating 8.951 billion yuan in revenue in 2024, with a slight decline but an increase in gross margin by 2.06% [2] - The company has seen better profitability from liquid chemical products compared to industrial gas products, with notable price increases in ethylene and propylene [2] - A new integrated propylene value chain project has been successfully launched, increasing the total production capacity of octanol to 450,000 tons per year, enhancing profitability and consolidating industry position [2] Group 2: Semiconductor Display Materials - The semiconductor display materials segment achieved a revenue of 1.356 billion yuan in 2024, reflecting a year-on-year growth of 6.96%, with a high gross margin of 52.72% [4] - The display industry is experiencing growth driven by demand in consumer electronics, automotive, and medical sectors, with innovations in display technologies like OLED and MicroLED [4] - The company is focusing on strengthening its TFT mixed crystal materials business while expanding into high-end product markets and new applications [5]

Core Viewpoint - The company reported a decline in revenue by 10.88% for 2024, while net profit increased by 29.98%, indicating a shift in financial performance dynamics [1][3]. Financial Performance Analysis - Revenue for 2024 was 11,066.14 million yuan, down from 12,417.39 million yuan in the previous year, reflecting a 10.88% decrease. The clean energy segment generated 8,951.61 million yuan, accounting for 80.89% of total revenue but saw a 13.37% decline [2]. - Net profit attributable to shareholders was 230.59 million yuan, up from 177.40 million yuan, marking a 29.98% increase. The net profit excluding non-recurring items was 226.79 million yuan, a 48.90% increase, driven by improved operational performance and higher product profitability [3]. Expense Management - Sales expenses decreased by 1.85% to 113.29 million yuan, indicating effective cost control. However, management expenses rose by 16.49% to 498.36 million yuan, likely due to expanded management scope and increased business scale [4]. - Research and development (R&D) expenses increased by 13.35% to 304.90 million yuan, reflecting the company's commitment to enhancing product competitiveness and innovation [4]. Cash Flow Analysis - Operating cash flow remained stable at 1,378.67 million yuan, slightly down by 0.67% from the previous year, indicating solid cash generation from core operations [5]. - Investment cash flow showed a significant negative shift to -2,691.30 million yuan from -377.91 million yuan, primarily due to increased investments in projects and patents, signaling a proactive approach to future growth [5]. - Financing cash flow improved dramatically to 757.38 million yuan from -63.96 million yuan, driven by increased loans and the issuance of medium-term notes, providing financial support for business development [6]. R&D and Personnel Adjustments - R&D investment reached 308.88 million yuan, representing 2.79% of revenue, an increase from 2.21% in the previous year. Capitalized R&D amounted to 3.98 million yuan, accounting for 1.29% of total R&D expenses [7]. - The number of R&D personnel decreased by 7.55% to 392, but the proportion of higher-educated staff increased, enhancing the company's R&D capabilities [8]. Summary - Despite a decline in revenue, the company achieved a significant increase in net profit and continues to invest in R&D, laying a foundation for future growth. However, it faces various risks that require careful monitoring of regulatory changes, industry fluctuations, and technological advancements [11].

Meeting Overview - The 11th meeting of the 8th Supervisory Board of Chengzhi Co., Ltd. was held on March 25, 2025, at the company's headquarters in Beijing [1] - The meeting was presided over by the Chairman of the Supervisory Board, Mr. Zhu Yujie, with all three supervisory members present [1] Supervisory Board Resolutions - The Supervisory Board confirmed that the procedures for the Board of Directors to prepare and review the 2024 annual report comply with legal regulations and internal management systems, ensuring the report's content is true, accurate, and complete [2] - The 2024 annual profit distribution plan was approved, which includes a cash dividend distribution of 60,761,876.75 yuan (including tax) based on the total share capital as of December 31, 2024 [2] - The Supervisory Board agreed to the asset write-off based on prudence principles, aligning with accounting standards and reflecting the company's financial status accurately [3][4] - The company’s internal control system was deemed effective, ensuring orderly business operations and risk management, as reflected in the 2024 internal control evaluation report [4] Submission to Shareholders - The resolutions regarding the annual report, profit distribution, asset write-off, and internal control evaluation will be submitted for review at the 2024 annual shareholders' meeting [5]

Group 1 - The company announced a profit distribution plan for the fiscal year 2024, proposing a cash dividend of 60,761,876.75 yuan (including tax) based on the total share capital as of December 31, 2024 [1] - The net profit attributable to the listed company for 2024 is reported to be 230,588,917.51 yuan, with cumulative undistributed profits at the end of the fiscal year amounting to 3,624,057,373.13 yuan [2][3] - The cash dividend amount represents a significant consideration for shareholder returns while balancing the company's future business development and operational funding needs [3] Group 2 - The cash dividend of 60,761,876.75 yuan meets the average net profit of 152,971,836.79 yuan over the last three fiscal years (2022, 2023, and 2024) [3] - The company is focusing on internal management restructuring and advancing its "Chengzhi Co., Ltd. 2.0" development strategy, aiming to extend its industrial chain into high-tech fields such as new chemical materials and high-end semiconductor display materials [3] - The profit distribution plan is designed to support the implementation of strategic goals and ensure the company's sustainable and healthy development, thereby protecting the long-term interests of all shareholders [3]

诚志股份有限公司 董事会审计委员会对会计师事务所 2024 年度履职情况评估 及履行监督职责情况的报告 根据《中华人民共和国公司法》《中华人民共和国证券法》《上市公司治理准 则》《国有企业、上市公司选聘会计师事务所管理办法》《诚志股份有限公司章程》 （以下简称"《公司章程》"）和《诚志股份有限公司董事会审计委员会实施细则》 （以下简称"《董事会审计委员会实施细则》"）等规定和要求，诚志股份有限公 司（以下简称"公司"）董事会审计委员会本着勤勉尽责的原则，恪尽职守，认 真履职。现将董事会审计委员会对会计师事务所 2024 年度履职评估及履行监督 职责的情况汇报如下： 一、聘任会计师事务所履行的程序 公司第八届董事会第七次会议及 2023 年年度股东大会审议通过了《关于公 司续聘 2024 年度审计机构的议案》，同意聘任大信会计师事务所为公司 2024 年 度审计机构及内部控制审计机构，负责公司 2024 年度的财务及内控审计工作。 二、审计委员会对会计师事务所的监督情况 大信会计师事务所作为公司 2024 年度财务报告及内部控制审计机构较好 的完成了审计工作，表现了良好的职业操守和业务素质，年度审计工作情况报 ...