Core Viewpoint - Yuan Chuang Co., Ltd. (001325) has established a strong position in the rubber track industry, being a leading domestic enterprise in the design, research, production, and operation of various specifications of rubber tracks and rubber track plates for agricultural and engineering machinery [1] Group 1: Company Achievements - The company has received multiple honors, including being recognized as one of the "Top Ten/Top Eight Enterprises in China's Transmission Belts and Rubber Tracks" and the only specialized rubber track enterprise [1] - It has also been awarded titles such as "Strong Enterprise in China's Rubber Tracks" and "Single Item Champion in the Hose and Belt Industry" [1] - Additionally, the company was recognized as a "Leading Enterprise in Agricultural Machinery Components" by the China Agricultural Machinery Industry Association [1] Group 2: Market Position - According to the latest QYResearch report and a certification from the China Rubber Industry Association's Hose and Belt Branch, the company ranks first in domestic market share [1] Group 3: Profit Distribution Policy - The company plans to implement a stable and sustainable profit distribution policy, focusing on reasonable returns for investors while also considering the company's sustainable development [1]

Group 1 - The core viewpoint of the news is that Yuan Chuang Co., Ltd. has experienced a significant decline in stock price, with a year-to-date drop of 25.09% and a recent 5-day decline of 7.07% [1] - As of December 29, the stock price is reported at 50.36 yuan per share, with a total market capitalization of 3.948 billion yuan [1] - The company has seen a net outflow of main funds amounting to 17.21 million yuan, with large orders showing a buy of 16.25 million yuan and a sell of 33.43 million yuan [1] Group 2 - Yuan Chuang Co., Ltd. operates in the basic chemical industry, specifically in rubber and other rubber products, and is categorized under several concept sectors including near-term new shares and specialized new [2] - For the period from January to September 2025, the company achieved an operating income of 1.053 billion yuan, representing a year-on-year growth of 8.05%, and a net profit attributable to shareholders of 122 million yuan, reflecting a growth of 6.27% [2] - The number of shareholders as of December 18 is reported at 39,200, which is a significant increase of 435,344.44% compared to the previous period [2]

国泰海通证券股份有限公司 关于元创科技股份有限公司 2025 年度持续督导培训情况报告 根据《证券发行上市保荐业务管理办法》、《深圳证券交易所上市公司自律监 管指引第 13 号——保荐业务》、《深圳证券交易所上市公司自律监管指引第 1 号 ——主板上市公司规范运作》要求，国泰海通证券股份有限公司（以下简称"国 泰海通"）作为元创科技股份有限公司（以下简称"元创股份"或"公司"）首次 公开发行股票并在主板上市的保荐机构，对公司进行了 2025 年度持续督导培训， 报告如下： 一、本次培训的基本情况 （一）保荐人：国泰海通证券股份有限公司 （二）培训时间：2025 年 12 月 22 日 （三）培训方式：现场与线上相结合 （四）培训地点：国泰海通会议室 本次培训前，国泰海通编制了培训材料，并提前要求元创股份参与培训的相 关人员了解培训相关内容。 二、本次培训的主要内容 本次培训的主要内容为募集资金管理、公司治理，通过演示培训讲义、解读 法规条文及案例分析、解答培训对象的问题等形式，加深了培训对象对资本市场 监管政策、上市公司规范运作要求的理解与认识。 1 三、上市公司的配合情况 保荐人本次持续督导培训的工作过程中 ...

Core Viewpoint - The company, Yuan Chuang Co., Ltd. (001325.SZ), confirmed that its rubber tracks can be applied in autonomous vehicle equipment, indicating a potential expansion into the autonomous vehicle market [2]. Group 1: Product Application - The company's rubber tracks are suitable for use in autonomous vehicles, showcasing the versatility of its products [2]. Group 2: Growth Strategy - The company plans to enhance sales and production capacity through four core strategies: capacity expansion, technological innovation, market development, and product structure optimization [2]. - These strategies aim to drive sustainable high-quality development for the company [2].

Group 1 - The core viewpoint of the article is that Yuan Chuang Co., Ltd. has announced that its rubber tracks can be applied to unmanned vehicle equipment [1] Group 2 - The company is actively engaging with its stakeholders through interactive platforms to communicate product applications [1]

Group 1 - The core viewpoint of the article is that Yuan Chuang Co., Ltd. (001325.SZ) is focusing on enhancing its product applications in the autonomous vehicle sector and aims to achieve sustainable high-quality development through four key strategies [1] Group 2 - The company plans to improve sales and production capacity systematically by focusing on capacity construction, technological innovation, market expansion, and product structure optimization [1]

Group 1 - The core viewpoint of the article is that Yuan Chuang Co., Ltd. (001325.SZ) is focusing on enhancing its product applications in the autonomous vehicle sector and aims to achieve sustainable high-quality development through four key strategies [1] Group 2 - The company plans to improve sales and production capacity systematically by focusing on capacity construction, technological innovation, market expansion, and product structure optimization [1]

Core Viewpoint - Yuan Chuang Technology Co., Ltd. has successfully listed on the Shenzhen Stock Exchange, aiming to raise 485 million yuan through its IPO to enhance its production capabilities and financial stability [1] Group 1: Fundraising Purpose - The funds raised will be allocated to three main areas: construction of a production base, establishment of a technology center, and supplementing working capital [1] - The production base project focuses on relocating and expanding the existing capacity for rubber tracks and track plates, which will enhance the company's main production functions and scale [1] - The technology center project aims to improve the company's R&D capabilities and foster independent innovation in its core business [1] - The working capital project is intended to support future performance growth and product promotion, thereby improving the company's financial condition and laying a foundation for future expansion [1] Group 2: Industry Context - The company highlights that the national push for high-quality development in manufacturing, coupled with an aging population and a decrease in agricultural labor, will lead to an irreversible increase in agricultural mechanization rates, supporting long-term profitability [1] - Through this financing and the implementation of the fundraising projects, the company aims to elevate its level of intelligent manufacturing, enhance scale effects, and optimize product structure [1]

Group 1: New Stock Offerings - This week (December 8 to 12), there are five new stocks available for subscription, including one from the Shenzhen main board, one from the Shanghai main board, two from the ChiNext board, and one from the Sci-Tech Innovation board [1] - The subscription dates are as follows: Nabai Chuan and Youxun Co., Ltd. on December 8, Yuanchuang Co., Ltd. on December 9, and Tiansu Measurement and Xihua Technology on December 12 [1] Group 2: Company Highlights - Nabai Chuan focuses on thermal management systems for power batteries in electric vehicles and has become a benchmark enterprise in the domestic battery liquid cooling plate sector, benefiting from over ten years of technological accumulation [2] - Youxun Co., Ltd. is a leading enterprise in the optical communication chip sector, recognized for providing comprehensive optical communication chip solutions and has achieved significant market presence in both domestic and global markets [3][4] - Yuanchuang Co., Ltd. is a major player in the rubber track industry, offering over a thousand types of rubber track products and recognized for its technical strength and industry position [4] - Xihua Technology specializes in the research, manufacturing, and sales of components for large high-end equipment, particularly wind power gearbox components, and is a leader in the global industry [4] - Tiansu Measurement, established in 2009, is a national independent third-party measurement and testing service provider, recognized as a national high-tech enterprise and a champion in the manufacturing sector [5]

Group 1 - The core business of Yuan Chuang Technology focuses on the research, production, and sales of rubber track products, with key products including rubber tracks for agricultural and engineering machinery, which are essential components for machines like harvesters and excavators [3] - The revenue structure shows that agricultural tracks account for approximately 50% of revenue, while engineering tracks contribute over 40%, making them the two main revenue pillars for the company [3] - The company's financial performance reveals a concerning trend of increasing revenue without corresponding profit growth, with projected revenues of 1.261 billion, 1.141 billion, and 1.349 billion yuan for 2022, 2023, and 2024 respectively, while net profits are expected to decline from 139 million to 155 million yuan in the same period [5] Group 2 - The IPO of Yuan Chuang Technology was priced at 24.75 yuan per share, raising a total of 485 million yuan, with underwriting fees amounting to 55.58 million yuan, resulting in a net fundraising of 397 million yuan, which is 88.08 million yuan less than initially planned [7] - The company's actual controller holds a concentrated stake of 95.24%, raising concerns about potential market manipulation, especially given the stock's dramatic price fluctuations post-IPO [9] - The stock experienced a significant drop of 14% on the second day after an initial surge of 172% on the first day, leading to substantial losses for investors who bought in at the peak [11]