Group 1 - The legal opinion is provided by Beijing Hairun Tianrui (Hefei) Law Firm regarding the 2024 annual general meeting of Anhui Huatai Chemical Co., Ltd. [1][2] - The law firm confirms that all documents and materials provided by the company are true, complete, and valid, with no false statements or significant omissions [1][3] - The meeting is scheduled for May 9, 2025, and was announced on April 18, 2025, following the approval of the board of directors [3][4] Group 2 - The qualifications of attendees and the convenor of the meeting have been verified and found to comply with relevant laws and regulations [4][5] - A total of 227,339,120 shares were represented at the meeting, accounting for 68.5025% of the total voting shares [5] - The meeting will utilize both on-site and online voting methods, with specific time slots for online voting [6][7] Group 3 - The resolutions presented at the meeting were announced twenty days prior and fall within the authority of the shareholders' meeting [6][7] - The voting results indicate that all resolutions were passed with more than half of the voting rights represented [7] - The legal opinion concludes that the meeting's procedures, qualifications, and voting methods are in compliance with applicable laws and regulations [7]

致：安徽华尔泰化工股份有限公司 法律意见书 北京海润天睿（合肥）律师事务所 关于安徽华尔泰化工股份有限公司 2024 年年度股东大会的 法律意见 北京海润天睿（合肥）律师事务所（以下简称"本所"）接受安徽华尔泰化工 股份有限公司（以下简称"公司"）的委托，指派本所律师出席公司 2024 年年度 股东大会（以下简称"本次股东大会"）对本次股东大会进行律师见证并发表法律 意见。 为出具本法律意见，本所律师审查了公司本次股东大会的有关文件和材料。 本所律师得到公司如下保证，即其已提供的本所出具本法律意见所必需的原始书 面材料、副本材料、电子文档或口头证言真实、完整、有效，不存在虚假陈述、 重大遗漏或隐瞒，所有副本材料与复印件均与原件一致。 本所及经办律师依据《中华人民共和国证券法》《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）》等规定及本法律意 见出具日以前已经发生或者存在的事实，严格履行了法定职责，遵循了勤勉尽责 和诚实信用原则，进行了充分的核查验证，保证本法律意见所认定的事实真实、 准确、完整，所发表的结论性意见合法、准确，不存在虚假记载、误导性陈述或 者重大遗漏，并承担相应 ...

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： 1、本次股东大会没有出现否决议案的情形。 2、本次股东大会不涉及变更以往股东大会已通过的决议。 一、会议召开和出席情况 证券代码：001217 证券简称：华尔泰 公告编号：2025-015 安徽华尔泰化工股份有限公司 2024 年年度股东大会决议公告 2、会议召开方式：本次股东大会采用现场表决与网络投票相结合的方式。 3、会议召开地点：安徽省池州市东至县安徽华尔泰化工股份有限公司会议 室。 4、会议召集人：公司第六届董事会。 5、会议主持人：公司董事长吴炜先生。 6、本次会议的召集、召开符合有关法律、行政法规、部门规章、规范性文 件和公司章程等的规定。 1、会议召开的日期、时间： （1）现场会议召开时间：2025 年 5 月 9 日（星期五）14:00。 （2）网络投票时间：通过深圳证券交易所交易系统进行网络投票的具体时 间为：2025 年 5 月 9 日 9:15-9:25，9:30-11:30 和 13:00-15:00。 通过深圳证券交易所互联网投票系统投票的具体时间为：2025 年 5 月 9 ...

Investment Rating - The report does not explicitly state an investment rating for the chemical industry, but it provides detailed insights into market performance and trends, indicating a cautious outlook for certain segments [2][11]. Core Insights - In April 2025, the basic chemical index decreased by 3.61%, ranking 20th among primary industries, with various sub-sectors experiencing different levels of performance [11][16]. - The apparent consumption of methanol in China has surpassed 100 million tons for the first time, indicating significant growth in demand [2]. - The report highlights a notable increase in the prices of key chemical products, particularly trichloroethylene, which rose by 16.28% due to supply constraints and strong demand in the refrigerant market [24][25]. Market Overview - Major indices in April 2025 showed declines: Shanghai Composite Index -1.70%, Shenzhen Component Index -5.75%, and ChiNext Index -7.40% [11]. - Among the basic chemical sub-sectors, the rubber and products segment saw a significant decline of 13.52%, while daily chemicals and inorganic salts experienced growth of 8.56% and 4.37%, respectively [16][20]. Product Price Movements - The top ten products with price increases included trichloroethylene (16.28%), ammonium sulfate (12.20%), and H acid (10.96%) [24][30]. - Conversely, the products with the largest price declines included TMA (-28.26%), bromine (-24.14%), and vitamin A (-18.07%) [30][32]. Company Performance - In April 2025, 221 basic chemical companies reported positive returns, while 319 companies experienced negative returns [20]. - The top-performing companies included United Chemical with a 159.09% increase and Hongbaoli with a 104.27% increase in stock price [21][22]. Industry Trends - The report notes that the chemical raw materials and products manufacturing industry achieved a total profit of 78.76 billion yuan in the first quarter, reflecting a slight decline of 0.4% year-on-year [34]. - Shandong province is focusing on enhancing its chemical industry advantages, with significant growth in the number of large-scale chemical enterprises and revenue generation [34].

Investment Rating - The report does not explicitly state an investment rating for the chemical industry Core Insights - In April 2025, the basic chemical index decreased by 3.61%, ranking 20th among primary industries, with 12 sub-industries showing growth and 20 experiencing declines [11][16][20] - The apparent consumption of methanol in China has surpassed 100 million tons for the first time [1] Market Overview - Major indices in April 2025 showed the following changes: Shanghai Composite Index -1.70%, Shenzhen Component Index -5.75%, ChiNext Index -7.40%, and North Securities 50 Index +4.72% [11] - The basic chemical sector's performance was mixed, with significant declines in rubber and related products, while daily chemical products and inorganic salts showed positive growth [16][20] Product Price Movements - The top ten products with price increases in April 2025 included Trichloroethylene (+16.28%), Ammonium Sulfate (+12.20%), and H Acid (+10.96%) [24][25] - Trichloroethylene prices rose significantly due to reduced production and strong demand in the refrigerant market [25][26] Sub-Industry Performance - Among the basic chemical sub-industries, the top five performers were daily chemicals (+8.56%), inorganic salts (+4.37%), and fluorochemicals (+3.46%), while polyurethane and tires saw the largest declines of -17.59% and -14.68%, respectively [16][19] - In April 2025, 221 companies in the basic chemical sector reported positive returns, while 319 reported negative returns [20] Company Performance - The top ten companies by monthly growth included United Chemical (+159.09%), Hongbaoli (+104.27%), and Zhongxin Fluorine Materials (+65.92%) [21][22] - Conversely, the bottom ten companies included Hunan YN (-22.18%), Dingjide (-22.54%), and Hengxing New Materials (-23.21%) [23][24] Industry News - In the first quarter of 2025, the chemical raw materials and products manufacturing industry achieved a total profit of 78.76 billion yuan, a slight decrease of 0.4% year-on-year [32] - Shandong province continues to enhance its chemical industry advantages, with 3,682 large-scale chemical enterprises and a revenue of 2.86 trillion yuan by the end of 2024 [32]

Group 1: Financial Performance - The company expects a revenue of 2.5 billion CNY for 2025, based on cautious analysis of market conditions and financial results from 2024 [2][3] - In Q1 2025, the company experienced a nearly 20% year-on-year increase in revenue, but net profit significantly declined due to increased R&D expenses and fixed asset depreciation [4] Group 2: Product Development and Market Strategy - The company has a 60,000-ton electronic-grade hydrogen peroxide project that can achieve G3 electronic-grade purity, applicable in electronics and photovoltaic sectors [2] - To ensure sales targets are met, the company is optimizing procurement strategies, enhancing production efficiency, and expanding overseas market presence [3] Group 3: Market Conditions and Stock Performance - The company's stock price is influenced by market conditions, industry developments, and investor preferences, despite normal operational performance [3] - The rise in sulfuric acid prices in Q1 positively impacted the company's revenue from sulfuric acid products [2]

Group 1 - The company, Anhui Huatai Chemical Co., Ltd., will hold an earnings briefing on April 30, 2025, from 15:30 to 16:30 [3][4] - The briefing will be conducted online via the platform "Value Online" [4] - Investors can submit questions before the briefing through a designated website or WeChat mini-program [5] Group 2 - Key participants in the briefing will include Chairman Wu Wei, Independent Director George Wu, CFO Fu Jinpeng, and Secretary of the Board Wang Yin [4] - The company aims to communicate its operational performance and development strategy during the briefing [3] - Contact information for inquiries includes a phone number and email address for further assistance [5][6]

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。 重要内容提示： 安徽华尔泰化工股份有限公司（以下简称"公司"）已于 2025 年 4 月 18 日在巨潮资讯网上披露了《2024 年年度报告全文》、《2024 年年度报告摘要》 及《2025 年第一季度报告》。为便于广大投资者更加全面深入地了解公司经营 业绩、发展战略等情况，公司定于 2025 年 4 月 30 日（星期三）15:30-16:30 在 "价值在线"（www.ir-online.cn）举办安徽华尔泰化工股份有限公司 2024 年度 会议召开时间：2025 年 4 月 30 日（星期三）15:30-16:30 会议召开方式：网络互动方式 会议召开地点：价值在线（www.ir-online.cn） 会议问题征集： 投资者可于 2025 年 4 月 30 日 前 访问网址 https://eseb.cn/1nEKlj81G00 或使用微信扫描下方小程序码进行会前提问， 公司将通过本次业绩说明会，在信息披露允许范围内就投资者普遍关注 的问题进行回答。 及 2025 年一季度业绩说明会，与投资者进行沟通和交流 ...

Core Viewpoint - Huatai (001217.SZ) reported a significant decline in both revenue and net profit for the year 2024, reflecting ongoing operational pressures in a challenging market environment [1][4]. Financial Performance - The total revenue for 2024 was 1.641 billion yuan, a decrease of 8.42% from 1.792 billion yuan in 2023 [4]. - The net profit attributable to shareholders fell to 87.74 million yuan, down 44.56% from 158 million yuan [4]. - The non-recurring net profit also dropped to 78.78 million yuan, a decline of 46.16% from 146 million yuan [4]. - This marks the third consecutive year of declining net profits, with net profits from 2022 to 2024 being 220 million yuan, 158 million yuan, and 87.74 million yuan, reflecting year-on-year declines of 47.12%, 27.98%, and 44.56% respectively [4]. Business Segment Performance - The basic chemical business generated revenue of 1.244 billion yuan, down 9.22%, with a gross margin of 17.84%, a decrease of 2.79 percentage points [5]. - The fine chemical business reported revenue of 397 million yuan, a decline of 5.81%, with a gross margin of only 0.27%, down 0.58 percentage points [5]. - Despite high capacity utilization rates for products like concentrated nitric acid (118%), hydrogen peroxide (96%), and sulfuric acid (88%), this did not translate into profit growth due to falling sales prices [5][6]. Research and Development - In 2024, the company invested 49.60 million yuan in R&D, a decrease of 10.64% year-on-year, indicating reduced investment in technological innovation [4][7]. - The company has made progress in project construction and technological innovation, including the successful commissioning of the ammonia synthesis project and readiness for the electronic-grade hydrogen peroxide project [7]. - Ongoing R&D projects include improvements in sulfur trioxide distillation, hydrogen peroxide product decarbonization, and extraction separation technologies, which are expected to enhance production capabilities [7]. Future Outlook - The company faces significant operational challenges with declining revenue and profit margins amid intensified market competition and rising costs [7]. - The ability to enhance profitability in a competitive landscape remains a critical issue for the company's future [7].

Core Viewpoint - The company, Hualitai, reported a decline in revenue and net profit for the year 2024, indicating ongoing challenges in the chemical industry due to macroeconomic factors and increased competition [1][2]. Financial Performance - In 2024, Hualitai achieved revenue of 1.641 billion yuan, a year-on-year decrease of 8.42% - Net profit for the same period was 87.74 million yuan, down 44.56% year-on-year - The company's net profit has been on a downward trend for three consecutive years, with figures of 220 million yuan, 158 million yuan, and 87.74 million yuan from 2022 to 2024, representing declines of 47.12%, 27.98%, and 44.56% respectively [1][2]. Quarterly Performance - For Q1 2025, Hualitai reported revenue of 471 million yuan, a year-on-year increase of 19.25% - However, net profit for the quarter was 17.03 million yuan, reflecting a significant decline of 48.9% year-on-year [1]. Industry Context - The decline in performance is attributed to several factors, including a slowdown in macroeconomic growth affecting downstream demand for chemical products, intensified market competition due to new capacity expansions, and increased operational costs from R&D and other expenses [1][2]. Product Segmentation - Hualitai's main products include nitric acid, sulfuric acid, hydrogen peroxide, and melamine, with a focus on both basic and fine chemicals - Revenue from the basic chemical segment was 1.244 billion yuan, down 9.22%, with a gross margin of 17.84%, a decrease of 2.79 percentage points - Revenue from the fine chemical segment was 397 million yuan, down 5.81%, with a gross margin of 0.27%, a decrease of 0.58 percentage points [2]. Capacity Utilization - The company maintains high capacity utilization rates for its main products, with nitric acid at 118%, hydrogen peroxide at 96%, and sulfuric acid at 88% [2]. Expansion and Upgrades - Hualitai is actively pursuing capacity expansion and technological upgrades, with projects such as the ammonia synthesis energy-saving upgrade and a new 150,000-ton nitric acid project completed on schedule - The company is also working on a 60,000-ton electronic-grade hydrogen peroxide project, which is ready for production [3]. Investment Project Performance - Many of Hualitai's initial public offering (IPO) fundraising projects have not met expected benefits - The 10,000-ton N-methyl morpholine project has incurred cumulative losses of 38.94 million yuan since its launch in 2022 - The 150,000-ton hydrogen peroxide project has achieved cumulative benefits of 46.75 million yuan, but did not meet the forecasted benefits due to changes in market conditions - The cogeneration project has also fallen short of expectations, with cumulative benefits of 34.87 million yuan due to insufficient steam demand from downstream users [3]. Dividend Distribution - Hualitai plans to distribute a cash dividend of 1 yuan per 10 shares to all shareholders in 2024, amounting to approximately 33.19 million yuan, which represents 37.82% of its net profit [4].