Group 1 - The A-share market is seeing a strong performance in the ultra-high voltage concept stocks, with companies like Shenneng Electric, TBEA, and Baobian Electric hitting the daily limit up [1] - Yongfu Co. has increased by over 8%, while Jinguang Electric has risen by over 7% [1] - Other companies such as China XD Electric, Guodian Nanzi, Huaci Co., Shengye Electric, Jinbei Electric, and Pinggao Electric have all seen increases of over 5% [1]

Core Viewpoint - Huaci Co., Ltd. (001216.SZ) clarified its loan transfer arrangements and compliance with subsequent loans in response to the Shenzhen Stock Exchange's inquiry, emphasizing the commercial logic behind these arrangements and the ongoing ASEAN ceramic valley project in Vietnam with a total investment of approximately 1.438 billion yuan [1][2] Group 1: Loan Details - The company plans to apply for an 800 million yuan loan from the Bank of China to meet funding requirements for its overseas investment project, as its own deposits are insufficient to cover the total investment [1] - The Bank of China Hunan Branch issued a loan intention letter on March 24, 2025, and the company received a 90 million yuan working capital loan from the Zhuzhou Branch on March 28, 2025 [1] Group 2: Loan Transfer Explanation - Due to regulatory changes from the China Banking and Insurance Regulatory Commission in 2021, most banks now require entrusted payments for operational loans, which conflicts with the company's need for multiple small payments in daily procurement [1] - To comply with the entrusted payment regulations, the company executed a loan transfer operation where funds were first paid to a designated supplier, Huacai Packaging, and then returned the next day for daily operational liquidity [1] Group 3: Compliance and Commitments - The company confirmed that, apart from the 90 million yuan loan, no other loans were processed, and no new loan transfers occurred, despite the transfer not aligning with the Loan Regulations [2] - The funds did not flow into prohibited investment areas such as securities, equity investments, or real estate, and the company has repaid the loan in full [2] - The Bank of China Zhuzhou Branch confirmed there were no disputes regarding the loan, and the central bank's Zhuzhou branch has not imposed penalties on the company since January 2022 [2] - The company and its actual controller, Xu Junqi, have committed to avoiding loan transfers in the future, with the controller agreeing to bear any potential losses arising from such transfers [2]

Group 1 - Hunan Hualian Ceramics Co., Ltd. has completed its response to the second round of inquiry from the Shenzhen Stock Exchange regarding its application for a private placement of shares [1] - The company received the inquiry letter on October 30, 2025, and has addressed the questions raised by the exchange in detail [1] - The issuance of shares is still subject to necessary review procedures, including approval from the Shenzhen Stock Exchange and registration consent from the China Securities Regulatory Commission [1] Group 2 - The company has disclosed that the final approval from the Shenzhen Stock Exchange and the China Securities Regulatory Commission remains uncertain [1] - Hunan Hualian Ceramics will fulfill its information disclosure obligations in accordance with relevant regulations as the situation progresses [1]

湖南启元律师事务所 关于湖南华联瓷业股份有限公司 2025年度向特定对象发行股票的 补充法律意见书（二） ·湖南启元律师事务所· HUNAN QIYUAN LAW FIRM 湖南省长沙市芙蓉区建湘路 393 号世茂环球金融中心 63 层 410000 电话：0731 8295 3778 传真：0731 8295 3779 网站：www.qiyuan.com 致：湖南华联瓷业股份有限公司 湖南启元律师事务所（以下简称"本所"）受湖南华联瓷业股份有限公司（以 下简称"华瓷股份"、"发行人"或"公司"）委托，担任发行人申请2025年度向特定 对象发行股票（以下简称"本次发行"）的专项法律顾问。 本所已就本次发行事宜出具了《湖南启元律师事务所关于湖南华联瓷业股份 有限公司2025年度向特定对象发行股票的律师工作报告》（以下简称"《律师工作 报告》"）及《湖南启元律师事务所关于湖南华联瓷业股份有限公司2025年度向 特定对象发行股票的法律意见书》（以下简称"《法律意见书》"）、《湖南启元律 师事务所关于湖南华联瓷业股份有限公司2025年度向特定对象发行股票的补充 法律意见书（一）》（以下简称"《补充法律意见书（一）》" ...

湖南华联瓷业股份有限公司 及 中原证券股份有限公司 本问询函回复中的字体： | 审核问询函所列问题 | 黑体（不加粗） | | --- | --- | | 审核问询函所列问题的回复 | 宋体 | | 涉及募集说明书等申请文件的 | 楷体（加粗） | | 修改内容 | | 关于湖南华联瓷业股份有限公司 申请向特定对象发行股票 第二轮审核问询函之回复报告 保荐人（主承销商） （地址：郑州市郑东新区商务外环路10号中原广发金融大厦） 二〇二五年十一月 深圳证券交易所： 根据贵所《关于湖南华联瓷业股份有限公司申请向特定对象发行股票的第二 轮审核问询函》（审核函〔2025〕120045 号，以下简称"《第二轮审核问询函》"） 的要求，湖南华联瓷业股份有限公司（以下简称"华瓷股份""发行人""公司"） 会同中原证券股份有限公司（以下简称"中原证券""保荐人"）、湖南启元律师 事务所（以下简称"启元律师""发行人律师"）对《第二轮审核问询函》的问题 进行了逐项核查并回复，请予审核。 如无特别说明，本回复报告中的简称或名词释义与《湖南华联瓷业股份有限 公司 2025 年度向特定对象发行 A 股股票募集说明书（修订稿）》（以下 ...

证券代码：001216 证券简称：华瓷股份 公告编号：2025-086 湖南华联瓷业股份有限公司 关于向特定对象发行股票第二轮审核问询函回复 的提示性公告 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。 湖南华联瓷业股份有限公司（以下简称"公司"）于2025年10月30日收到深圳 证券交易所（以下简称"深交所"）下发的《关于湖南华联瓷业股份有限公司申 请向特定对象发行股票的第二轮审核问询函》（审核函〔2025〕120045号）（ 以下简称"《第二轮审核问询函》"）。 公司会同相关中介机构对《第二轮审核问询函》所提出的问题进行了认真 研究和落实后，对《第二轮审核问询函》所列问题进行了逐项说明和回复，具 体内容详见本公告同日在巨潮资讯网（www.cninfo.com.cn）披露的相关公告 和文件。 公司本次向特定对象发行股票事项尚需通过深交所审核，并获得中国证券 监督管理委员会（以下简称"中国证监会"）作出同意注册的决定后方可实施。本 次向特定对象发行股票事项最终能否通过深交所审核并获得中国证监会作 出同意注册的决定及其时间尚存在不确定性。公司将根据该事项的进展情 ...

Market Overview - The home goods sector increased by 0.09% compared to the previous trading day, with Longzhu Technology leading the gains [1] - The Shanghai Composite Index closed at 3988.22, down 0.22%, while the Shenzhen Component Index closed at 13430.1, down 0.44% [1] Top Performers - Longzhu Technology (code: 920445) closed at 14.74, up 11.25% with a trading volume of 286,100 shares and a turnover of 428 million yuan [1] - Ruilite (code: 002790) closed at 9.04, up 9.98% with a trading volume of 146,600 shares and a turnover of 129 million yuan [1] - Taipeng Intelligent (code: 920132) closed at 22.01, up 6.23% with a trading volume of 20,000 shares and a turnover of 43.28 million yuan [1] Underperformers - Zhiou Technology (code: 301376) closed at 18.39, down 6.98% with a trading volume of 95,500 shares and a turnover of 177 million yuan [2] - Meizhi Gao (code: 920765) closed at 26.60, down 4.32% with a trading volume of 31,100 shares and a turnover of 82.09 million yuan [2] - ST Songfa (code: 603268) closed at 55.35, down 3.54% with a trading volume of 34,400 shares and a turnover of 193 million yuan [2] Capital Flow - The home goods sector experienced a net outflow of 322 million yuan from institutional investors, while retail investors saw a net inflow of 306 million yuan [2] - The top stocks by net inflow from retail investors included Ruilite and Tianzhen Co., with net inflows of 30 million yuan and 21.6 million yuan respectively [3] Detailed Capital Flow - Ruilite had a net inflow of 30 million yuan from institutional investors, but a net outflow of 20.17 million yuan from speculative funds [3] - Tianzhen Co. saw a net inflow of 21.68 million yuan from institutional investors, with a net outflow of 2.34 million yuan from retail investors [3] - The overall capital flow indicates a mixed sentiment among different investor types within the home goods sector [3]

Core Viewpoint - Hunan Hualian Ceramics Co., Ltd. reported a revenue of 1.133 billion yuan and a net profit of 189 million yuan for the first three quarters of 2025, indicating year-on-year growth of 15.32% and 12.17% respectively [1] Financial Performance - The company achieved a revenue of 1.133 billion yuan in the first three quarters of 2025, reflecting a year-on-year increase of 15.32% [1] - The net profit for the same period was 189 million yuan, showing a year-on-year growth of 12.17% [1] International Expansion - To enhance its international market presence, the company is accelerating the "ASEAN Ceramic Valley" project in Vietnam, with preliminary infrastructure preparations completed [1] - The project is expected to gradually commence production in 2026, which is anticipated to boost exports to the European Union [1] - The advantages of Vietnam, including lower labor costs and strategic location, will help the company reduce logistics costs and shorten delivery times, thereby improving service capabilities for major clients in Europe and the United States [1]

Core Viewpoint - The company, Hunan Hualian Ceramics Co., Ltd., has released its third-quarter financial report for 2025, ensuring the accuracy and completeness of the information disclosed [2][8]. Financial Data Summary - The third-quarter financial report has not been audited [7]. - The company confirms that there are no adjustments or restatements required for previous accounting data [3]. - There are no non-recurring profit and loss items applicable for the reporting period [3]. Board Meeting Information - The sixth board meeting of the company was held on October 24, 2025, with all nine directors present, complying with legal and regulatory requirements [9]. - The board unanimously approved the third-quarter report during the meeting, with all votes in favor [10]. Shareholder Information - The report includes details on the total number of ordinary shareholders and the top ten shareholders, although specific data is not provided in the excerpts [5].

Core Insights - Hunan Hualian Ceramics Co., Ltd. (referred to as "Huaci Co.") reported a revenue of approximately 1.133 billion yuan for the first three quarters of this year, representing a year-on-year growth of 15.32% [1] - The net profit attributable to shareholders, excluding non-recurring gains and losses, reached about 182 million yuan, marking a year-on-year increase of 19.92% [1] - The growth in Huaci Co.'s performance is attributed to a combination of globalization strategy, product upgrades, cost control, and policy support [1] Revenue and Profit Performance - The company achieved a revenue of approximately 1.133 billion yuan, reflecting a 15.32% increase compared to the previous year [1] - The net profit attributable to shareholders, after excluding non-recurring items, was around 182 million yuan, which is a 19.92% increase year-on-year [1] Business Strategy and Product Development - The explosive growth in the high-end ceramic wine bottle business is a key driver, leveraging underglaze colorful intangible cultural heritage craftsmanship and customized designs to penetrate the supply chain of leading liquor companies [1] - The company emphasizes research and development, with new technologies applied to the high-end gift porcelain series, and the "Red Official Kiln" positioned in the high-end gift porcelain market, gaining consumer recognition [1] International Expansion - To further open international market channels, Huaci Co. is accelerating the "ASEAN Ceramic Valley" project in Vietnam, with preliminary preparations for the infrastructure completed and production expected to gradually commence in 2026 [1] - The production at this base is anticipated to lead to an increase in exports to the European Union, benefiting from Vietnam's labor cost advantages and geographical benefits, which will help reduce logistics costs and shorten delivery times while enhancing service capabilities for major clients in Europe and the United States [1]