| 序号 | 事项 | 是否存在该 事项（是/否/ | 备注 | | --- | --- | --- | --- | | | | 不适用） | | | | 上市公司合规性要求 | | | | 1 | 最近一个会计年度财务会计报告是否未被注册会计师出具 否定意见或者无法表示意见的审计报告 | 是 | | | 2 | 最近一个会计年度财务报告内部控制是否未被注册会计师 | 是 | | | | 出具否定意见或无法表示意见的审计报告 上市后最近36个月内是否未出现过未按法律法规、公司章 | | | | 3 | 程、公开承诺进行利润分配的情形 | 是 | | | 4 | 是否不存在其他不适宜实施股权激励的情形 | 是 | | | 5 | 是否已经建立绩效考核体系和考核办法 | 是 | | | 6 | 是否未为激励对象提供贷款以及其他任何形式的财务资助 | 是 | | | | 激励对象合规性要求 | | | | 7 | 是否未包括单独或合计持有上市公司5%以上股份的股东或 实际控制人及其配偶、父母、子女 | 是 | | | 8 | 是否未包括独立董事 | 是 | | | 9 | 是否最近12个月内未被证券交易所认定为不适 ...

北京市嘉源律师事务所 关于中材科技股份有限公司 北京市嘉源律师事务所 关于中材科技股份有限公司 2025年股票期权激励计划的法律意见书 西城区复兴门内大街 158 号远 中国·北京 中材科技 · 股权激励 嘉源 · 法律意见书 嘉 源建师事务所 IA YUAN LAW OFFICES 北京 BEIJING · 上海 SHANGHAI · 深圳 SHENZHEN · 香港 HONG KONG · 广州 GUANGZHOU · 西安 XI'AN 致:中材科技股份有限公司 2 中材科技 · 股权激励 嘉源 · 法律意见书 头证言,该等资料均属真实、准确和完整,有关副本材料或者复印件与原件一致。 2025 年股票期权激励计划的法律意见书 嘉源(2025)-05-510 敬启者: 根据《中华人民共和国公司法》(以下简称"《公司法》")、《中华人民共和 国证券法》(以下简称"《证券法》")、中国证券监督管理委员会(以下简称"中 国证监会")《深圳证券交易所股票上市规则》(以下简称"《上市规则》"《上市 公司股权激励管理办法》(以下简称"《管理办法》")、国务院国有资产监督管 理委员会(以下简称"国务院国资委")与中华人民 ...

证券简称：中材科技 证券代码：002080 第一章 总则 第一条 为贯彻落实中材科技股份有限公司（以下简称"中材科技"或"公 司"）2025年股票期权激励计划（以下简称"股票期权激励计划"或"本激励计 划"），明确本激励计划的管理机构及其职责、实施程序、特殊情况的处理等各项 内容，特制定本办法。 中材科技股份有限公司 2025 年股票期权激励计划管理办法 二〇二五年十二月 第四条 董事会以经股东会审议通过的股票期权激励计划（如有修订，则以 经修订生效后的版本为准）为依据，按照依法规范与公开透明的原则进行严格管 理。 第五条 股票期权激励计划的管理包括股票期权激励计划的制定与修订、激 励对象的资格审查、股票期权的授予与行权以及信息披露等工作。 第六条 除特别指明，本办法中涉及用语的含义与股票期权激励计划中该等 名词的含义相同。 第二章 管理机构及职责 第二条 根据国家相关法律、行政法规、部门规章及规范性文件，以及中材 科技《公司章程》、股票期权激励计划的相关规定，结合公司实际情况制订《中 材科技股份有限公司2025年股票期权激励计划管理办法》（以下简称"本办法"）， 经公司股东会审议通过后生效。 第三条 股票期 ...

中材科技股份有限公司 2025 年股票期权激励计划实施考核管理办法 中材科技股份有限公司（以下简称"公司"）为进一步完善公司法人治理结 构，建立、健全公司长效激励约束机制，吸引和留住优秀人才，充分调动其积极 性和创造性，有效提升核心骨干凝聚力和企业核心竞争力，有效地将股东、公司 和核心团队三方利益结合在一起，使各方共同关注公司的长远发展，确保公司发 展战略和经营目标的实现，在充分保障股东利益的前提下，按照收益与贡献对等 的原则，公司制订了《中材科技股份有限公司 2025 年股票期权激励计划（草案）》 （以下简称"本激励计划"）。 加强公司股权激励计划执行的计划性，客观、公正评价员工的绩效和贡献， 促进激励对象考核管理的科学化、规范化、制度化，引导激励对象提高工作绩效， 提升工作能力，为本激励计划的执行提供客观、全面的评价依据。 二、考核原则 坚持公平、公正、公开的原则，严格按照本办法考核评估激励对象，将考核 指标与激励对象的工作业绩、工作能力和工作态度相结合，确保实现公司股权激 励计划的各项业绩指标。 三、考核范围 本办法适用于参与公司 2025 年股票期权激励计划的所有激励对象。所有激 励对象必须在本激励计 ...

3、上市后最近 36 个月内出现过未按法律法规、公司章程、公开承诺进行利 润分配的情形； 中材科技股份有限公司 董事会薪酬与考核委员会关于公司 2025 年股票期权 激励计划相关事项的核查意见 依据《中华人民共和国公司法》（以下简称"《公司法》"）、《中华人民 共和国证券法》（以下简称"《证券法》"）、《上市公司股权激励管理办法》 （以下简称"《管理办法》"）、《国有控股上市公司（境内）实施股权激励试 行办法》（国资发分配〔2006〕175 号）（以下简称"《试行办法》"）、《关 于规范国有控股上市公司实施股权激励制度有关问题的通知》（国资发分配〔2008〕 171 号）（以下简称"《规范通知》"）、《中央企业控股上市公司实施股权激 励工作指引》（国资考分〔2020〕178 号）（以下简称"《工作指引》"）等法 律法规、规范性文件及《中材科技股份有限公司章程》（以下简称"《公司章程》"） 的有关规定，中材科技股份有限公司（以下简称"公司"）董事会薪酬与考核委 员会就公司 2025 年股票期权激励计划（以下简称"本激励计划"）相关事项发 表核查意见如下： 一、公司具备实施股权激励计划的主体资格。公司不存在《管理 ...

证券代码：002080 证券简称：中材科技 公告编号：2026-001 中材科技股份有限公司 第七届董事会第二十八次临时会议决议公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记 载、误导性陈述或者重大遗漏。 《中材科技股份有限公司 2025 年股票期权激励计划（草案）》及《中材科 技股份有限公司 2025 年股票期权激励计划（草案）摘要》全文刊登于 2026 年 1 月 5 日的巨潮资讯网（http://www.cninfo.com.cn），供投资者查阅。 （二）审议通过了《关于制定<中材科技股份有限公司 2025 年股票期权激 励计划管理办法>的议案》 经与会董事投票表决（关联董事黄再满、陈雨回避表决），以 5 票赞成、0 票反对、0 票弃权的表决结果通过了本议案，尚需提交公司股东会审议。本议案 1 已经公司董事会薪酬与考核委员会审议通过。 一、董事会会议召开情况 中材科技股份有限公司（以下简称"公司"）第七届董事会第二十八次临时 会议于 2025 年 12 月 30 日以书面形式通知全体董事、高级管理人员，于 2025 年 12 月 31 日上午 9：30 在中国北京市海淀区东升科技 ...

Investment Rating - The industry investment rating is "Positive" and is maintained [8] Core Insights - The report highlights a clear trend in the upgrade of AI special electronic fabrics, with Low-Dk electronic fabrics being a core material for high-frequency and high-speed PCBs. The demand logic is driven by the growth in AI server volumes, increased usage per server, and enhanced value from material upgrades. The transition to M9 materials in AI PCBs is expected to significantly boost the scale of high-end special electronic fabrics [3][6] - The report outlines three main lines for 2026: the stock chain, the African chain, and the AI chain. The stock chain focuses on optimizing demand and clearing supply varieties, with a notable shift in consumer demand towards renovation, expected to reach nearly 70% by 2030. The African chain emphasizes the undervalued growth potential in the African market, while the AI chain looks at the industrial upgrade of special electronic fabrics [6][4] Summary by Sections Cement Market - The cement market is experiencing a seasonal decline in shipments, with an average shipment rate of 41% among major cement enterprises, down 0.8 percentage points from the previous period. Prices are being maintained in most regions, although some areas are seeing price increases [4][18] - The average national cement price is reported at 358.71 yuan/ton, remaining stable compared to the previous period but down 61.77 yuan/ton year-on-year [19] Glass Market - The float glass market is showing a weak trend, with prices slightly declining and inventories increasing. The average national glass price is 61.64 yuan per weight box, down 0.35 yuan from the previous period and down 12.98 yuan year-on-year [33][30] - The production capacity of float glass has slightly decreased, with 216 out of 265 production lines operational, and a daily melting capacity of 154,105 tons, which is a reduction of 900 tons from the previous week [30][32] Special Electronic Fabrics - The report emphasizes the significant upgrade trend in Low-Dk electronic fabrics, with expected total demand for Low-Dk electronic fabrics projected at approximately 110 million meters in 2025, 220 million meters in 2026, and 320 million meters in 2027. The demand for Low-Dk second-generation fabrics is expected to reach 60 million meters in 2026 and 130 million meters in 2027 [3][6] Future Outlook - The report suggests focusing on three main lines for 2026: the stock chain, the African chain, and the AI chain. It recommends companies such as Sanhe Tree, Rabbit Baby, and Oriental Yuhong for their optimal business models and growth potential [6][4]

Core Viewpoint - China National Building Material Group's subsidiary, China National Materials Science and Technology, is launching a 4.481 billion yuan private placement to enter the global AI substrate market, marking its transformation into a technology-driven enterprise focused on "AI substrates + high-end manufacturing" [1][3]. Group 1: Fundraising and Projects - The fundraising will allocate over 3.1 billion yuan to low-dielectric fiber cloth projects, which are essential materials for high-end applications such as AI servers and data center switches [1][3]. - The two main projects include an annual production of 35 million meters of low-dielectric fiber cloth and 24 million meters of ultra-low-loss low-dielectric fiber cloth [1][3]. Group 2: Product Features and Sales - The special fiber cloth possesses low dielectric constant (Dk), low dielectric loss factor (Df), and low thermal expansion coefficient (CTE), which help reduce signal attenuation and distortion, enhancing signal transmission speed and quality [1][3]. - In the first half of 2025, the company reported sales of 8.95 million meters of special fiber cloth, covering various product categories that have received certification and bulk supply from leading domestic and international clients [1][3]. Group 3: Financial Performance and Market Reaction - The company has faced declining performance, with net profits from 2022 to the first three quarters of 2025 reported at 3.511 billion yuan, 2.224 billion yuan, 892 million yuan, and 1.48 billion yuan, respectively, influenced by decreasing gross margins [2][4]. - Following the announcement of the private placement, the market reacted positively, with the company's stock price rising by 7.72% and reaching a historical high of 40.90 yuan per share [2][4]. Group 4: Industry Context - The transformation of China National Materials Science and Technology reflects not only the company's individual efforts but also the broader ascent of China's new materials industry within the global value chain [5].

Important Matters - WISCO Development plans to acquire equity in WISCO Mining and Luzhong Mining, resulting in stock suspension [1] - Unisplendour intends to purchase equity or full ownership of Ruineng Semiconductor, leading to stock suspension [1] - Heng Rui Medicine's subsidiary received approval for clinical trials of HRS-6257 tablets, with no similar drugs approved in the domestic market [1] - Longpan Technology's subsidiary is reducing production on some lithium iron phosphate production lines for maintenance, a move echoed by several leading manufacturers in the industry [1] Investment Operations - Guoxin Technology has laid out plans for smart driving MCU chips and is developing a high-performance AI chip with 10,000 DMIPS [1] - Juneyao Airlines plans to purchase 25 Airbus A320 series aircraft for $4.1 billion [1] - Spring Airlines intends to buy 30 Airbus A320neo series aircraft, with a transaction amount not exceeding $4.128 billion [1] - Tsinghua Tongfang is making breakthroughs in the open-source HarmonyOS field for product and commercialization [1] - Guangzhou Port is investing 2.353 billion yuan in the intelligent transformation project of the Nansha Port International General Terminal [1] - International Composite Materials plans to invest 1.693 billion yuan to build a project with an annual production capacity of 36 million meters of high-frequency high-speed electronic fiber cloth [1] - State Power Investment Corporation's subsidiary is co-investing with CATL in the Dadu River Danba Hydropower Station project, with a total investment of 15.273 billion yuan [1] - Haisheng Pharmaceutical's invested company has completed the first subject enrollment in the Phase II clinical trial of the innovative drug NWRD06 injection, targeting a specific liver cancer marker [1] Contracts and Collaborations - Chinalco International signed overseas project contracts worth approximately 14 billion yuan [2] - Tianqi Lithium has completed a strategic cooperation with SQM and Codelco [2] - Roman Co., Ltd.'s subsidiary signed a 156 million yuan computing power service project contract [2] - China Duty Free Group's wholly-owned subsidiary signed a duty-free project contract at Beijing Capital International Airport [2] - Reascend Technology's high-silica fiber has begun commercial cooperation with a well-known international aerospace company for long-term product supply [2] - Macro Micro Technology signed a strategic cooperation agreement with a leading domestic transmission company, focusing on GaN power semiconductor devices [2] Capital Operations - Tianqi Co., Ltd. plans to raise no more than 977 million yuan through a private placement for the development of a robot embodiment intelligence system for the automotive industry [2] - SMIC's registered capital in SMIC Southern will increase to $10.077 billion; it plans to acquire 49% equity in SMIC Northern for 40.6 billion yuan [2] - Changan Automobile intends to raise no more than 6 billion yuan through a private placement [2] Share Buybacks - Kweichow Moutai's controlling shareholder, Moutai Group, has cumulatively increased its stake in the company by 3 billion yuan, completing the buyback plan [3] - AVIC Heavy Machinery has been supplying key forgings to several commercial rocket companies [3] - Huihan Co., Ltd. invested 68.25 million yuan to establish a private equity fund, specifically investing in a commercial aerospace company [3] - Sega Technology plans to increase its investment in optical module company Guangcai Xincheng by 275 million yuan to acquire a 20% stake [3]

Key Points - Guizhou Moutai's controlling shareholder, Moutai Group, has completed a share buyback plan, acquiring 2,071,359 shares for a total of 3 billion yuan, increasing its stake to 56.63% of the total share capital [1] - Juneyao Airlines plans to purchase 25 Airbus A320 series aircraft for a total of 4.1 billion USD, with deliveries scheduled between 2028 and 2032 [1] - ST Panda is under investigation by the China Securities Regulatory Commission for suspected violations of information disclosure laws [1] - Huali Co. has terminated its plan to acquire a 51% stake in Zhongke Huilian due to a lack of consensus on key transaction terms [1][2] - China Duty Free Group's subsidiary has signed a contract for a duty-free project at Beijing Capital International Airport, covering an area of 10,646.74 m², with a guaranteed operating fee of 480.27 million yuan in the first year [3] - Haisheng Pharmaceutical's invested company has initiated Phase II clinical trials for NWRD06, a novel RNA drug targeting GPC3 for liver cancer, marking a significant milestone in cancer treatment [3] - WISCO Development is planning to acquire stakes in WISCO Mining and Luzhong Mining through asset swaps and cash payments, leading to a temporary suspension of its stock [4] - Yonghui Supermarket intends to publicly sell a 28.095% stake in its subsidiary Yonghui Cloud Gold Technology [5] - Shanxi Expressway plans to acquire a 15% stake in Shanxi Transportation Industry Development Group for 74.8 million yuan [5] - China Energy Construction's subsidiary has won a 6.864 billion yuan ecological comprehensive governance project [5]