Core Points - The resignation of independent director Li Xibing due to personal reasons has prompted the company to seek a replacement to maintain the required number of independent directors on the board [1][2] - Zhang Jilong has been nominated as the candidate for the independent director position, pending approval from the shareholders' meeting [2][4] - The company will hold its second extraordinary shareholders' meeting on October 30, 2025, to vote on the proposed appointment of Zhang Jilong and other matters [6][9] Group 1 - Li Xibing submitted a resignation report, effective immediately, which will reduce the number of independent directors below the required threshold [1][2] - The board of directors convened on October 12, 2025, to approve the nomination of Zhang Jilong as the independent director candidate [2][35] - Zhang Jilong's qualifications and independence must be verified by the Shenzhen Stock Exchange before being presented to the shareholders [4][5] Group 2 - The extraordinary shareholders' meeting will take place at the company's headquarters in Changsha, Hunan Province, combining on-site and online voting [9][10] - The meeting will allow all registered shareholders to participate, with provisions for proxy voting [12][18] - The company emphasizes that votes from minority investors will be counted separately to ensure their interests are represented [17]

证券代码：002096 证券简称：易普力 公告编号：2025-045 易普力股份有限公司独立董事候选人声明与承诺 声明人张吉龙作为易普力股份有限公司第七届董事会独立董事候选人，已充分了 解并同意由提名人中国葛洲坝集团股份有限公司提名为易普力股份有限公司（以下简 称该公司）第七届董事会独立董事候选人。现公开声明和保证，本人与该公司之间不 存在任何影响本人独立性的关系，且符合相关法律、行政法规、部门规章、规范性文 件和深圳证券交易所业务规则对独立董事候选人任职资格及独立性的要求，具体声明 并承诺如下事项： 一、本人已经通过易普力股份有限公司第七届董事会提名委员会或者独立董事专 门会议资格审查，提名人与本人不存在利害关系或者其他可能影响独立履职情形的密 切关系。 ☑ 是 □ 否 如否，请详细说明： 五、本人已经参加培训并取得证券交易所认可的相关培训证明材料（如有）。 二、本人不存在《中华人民共和国公司法》第一百七十八条等规定不得担任公司 董事的情形。 ☑ 是 □ 否 如否，请详细说明： 三、本人符合中国证监会《上市公司独立董事管理办法》和深圳证券交易所业务 规则规定的独立董事任职资格 和条件。 ☑ 是 □ 否 如否 ...

证券代码：002096 证券简称：易普力 公告编号：2025-043 易普力股份有限公司 易普力股份有限公司董事会 2025 年 10 月 13 日 关于补选独立董事的公告 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有虚假记载、 误导性陈述或重大遗漏。 张吉龙先生已取得独立董事培训证明，其任职资格和独立性需经深圳证券交易所 1 备案审核无异议后方可提交公司股东会审议。 特此公告。 附件：独立董事候选人简历 易普力股份有限公司（以下简称公司）董事会于 2025 年 8 月收到公司独立董事李 夕兵先生提交的书面辞职报告，李夕兵先生因个人原因，申请辞去公司第七届董事会 独立董事及相关专门委员会委员职务，辞职生效后将不再担任公司任何职务。内容详 见公司于 2025 年 8 月 13 日刊登在《中国证券报》《上海证券报》《证券日报》《证 券时报》及巨潮资讯网（http://www.cninfo.com.cn）的《关于独立董事辞职的公告》 （公告编号：2025-034）。 鉴于李夕兵先生辞职将导致公司独立董事人数少于董事会人数的三分之一，为了 保证董事会工作正常开展，根据《上市公司独立董事管理办法》《深 ...

证券代码：002096 证券简称：易普力 公告编号：2025-042 会议同意补选张吉龙先生为公司第七届董事会独立董事候选人，并在股东会 审议通过后，担任公司第七届董事会战略委员会委员、薪酬与考核委员会委员职 务，任期自公司股东会审议通过之日起至第七届董事会届满之日止。 具体内容详见公司于同日刊登在《中国证券报》《上海证券报》《证券日报》 《证券时报》及公司指定信息披露网站（http://www.cninfo.com.cn）上的《关 于补选独立董事的公告》（2025-043）、《独立董事提名人声明与承诺》（2025-044）、 《独立董事候选人声明与承诺》（2025-045）。 该议案尚需提交公司 2025 年第二次临时股东会审议。张吉龙先生作为公司 独立董事候选人的任职资格和独立性尚需经深圳证券交易所备案审核无异议后， 方可提交公司股东会审议。 二、会议以同意票 8 票、反对票 0 票、弃权票 0 票的表决结果，审议通过《关 于召开公司 2025 年第二次临时股东会的议案》 同意公司于 2025 年 10 月 30 日在湖南省长沙市岳麓区谷苑路 389 号易普力 公司召开公司 2025 年第二次临时股东会， ...

☑ 是 □ 否 证券代码：002096 证券简称：易普力 公告编号：2025-044 易普力股份有限公司独立董事提名人声明与承诺 提名人中国葛洲坝集团股份有限公司现就提名张吉龙为易普力股份有限公司第 七届董事会独立董事候选人发表公开声明。被提名人已书面同意作为易普力股份有 限公司第七届董事会独立董事候选人（参见该独立董事候选人声明）。本次提名是 在充分了解被提名人职业、学历、职称、详细的工作经历、全部兼职、有无重大失 信等不良记录等情况后作出的，本提名人认为被提名人符合相关法律、行政法规、 部门规章、规范性文件和深圳证券交易所业务规则对独立董事候选人任职资格及独 立性的要求，具体声明并承诺如下事项： 一、被提名人已经通过易普力股份有限公司第七届董事会提名委员会或者独立 董事专门会议资格审查，提名人与被提名人不存在利害关系或者其他可能影响独立 履职情形的密切关系。 ☑ 是 □ 否 如否，请详细说明： 二、被提名人不存在《中华人民共和国公司法》第一百七十八条等规定不得担 任公司董事的情形。 如否，请详细说明： 三、被提名人符合中国证监会《上市公司独立董事管理办法》和深圳证券交易 所业务规则规定的独立董事任职资格和 ...

证券代码：002096 证券简称：易普力 公告编号：2025-046 易普力股份有限公司 关于召开 2025 年第二次临时股东会的通知 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。 一、召开会议的基本情况 1.股东会届次：2025 年第二次临时股东会。 2.股东会的召集人：董事会。 3.本次会议的召集、召开符合《中华人民共和国公司法》《深圳证券交易所股 票上市规则》《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》等法律、行政法规、部门规章、规范性文件及《公司章程》的有关规定。 4.会议时间： （1）现场会议时间：2025 年 10 月 30 日 15:00。 （2）网络投票时间：通过深圳证券交易所系统进行网络投票的具体时间为 2025 年 10 月 30 日 9:15-9:25，9:30-11:30，13:00-15:00；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 10 月 30 日 9:15 至 15:00 的任意时间。 5.会议的召开方式：现场表决与网络投票相结合。 6.会议的股权登记日：2025 年 1 ...

Summary of the Conference Call for Yipuli Company Overview - Yipuli has risen to the top three in the industry post-restructuring, with a total capacity of 581,500 tons, and has expanded its national layout through acquisitions, particularly in western mining provinces such as Xinjiang, Tibet, and Inner Mongolia, making it the most widely covered central enterprise in the civil explosives sector [2][5][6] Key Industry Trends - The civil explosives industry is experiencing accelerated consolidation, with the CR10 (market share of the top ten companies) reaching 62.47%, ahead of the target [2][6] - The shift in demand towards the western regions is notable, with Xinjiang's coal and metal mining resource development driving significant growth [2][8] - The integrated service model is gaining traction, with blasting service revenue increasing from 59.8% to 78% of total revenue from 2019 to 2024, indicating a strong trend towards integrated operations [6][7] Financial Performance and Projections - Yipuli's net profit is projected to be 860 million yuan in 2025 and 1.1 billion yuan in 2026, with corresponding P/E ratios of 20 and 15 [4][13] - The company aims to increase overseas revenue to 10% of total revenue within the next couple of years, with 2024 overseas revenue expected to reach 416 million yuan [4][12] Regional Market Insights - Xinjiang has become a major revenue source, contributing 44% of Yipuli's income, driven by the booming coal and metal mining sectors [2][8] - In Tibet, Yipuli holds over 30% of the industrial explosives capacity, primarily serving the Jilong Copper Mine, which is expected to generate new blasting demand as its expansion project commences [9][10] Major Projects and Opportunities - The Yajiang Hydropower Project is set to begin in 2025, requiring significant blasting materials, with expected usage far exceeding that of the Three Gorges Project [11] - Yipuli's extensive experience in water conservancy projects positions it as a key beneficiary of this and other major infrastructure projects [11] Strategic Partnerships and Shareholder Structure - Following the merger with Nanling Explosives, Yipuli's major shareholders include state-owned enterprises, enhancing its operational capabilities and project acquisition potential [3][4] Conclusion - Yipuli is well-positioned to capitalize on industry consolidation, regional demand shifts, and major infrastructure projects, making it a compelling investment opportunity in the civil explosives sector [4][13]

Industry Rating - The report maintains a neutral rating for the civil explosives industry [1] Core Insights - The civil explosives industry is characterized by stable demand growth, strong resilience, and policy-driven supply-side consolidation [2][3] - The market size for civil explosives in China is approximately 400 billion [2] - The production value of civil explosive enterprises reached 416.95 billion in 2024, with a profit total of 96.39 billion, indicating a profit growth of 13.04% year-on-year [14][19] - The industry is transitioning from product sales to integrated operations, including research, production, sales, import-export, and blasting services [2][3] Summary by Sections Industry Overview - Civil explosives are essential in energy and infrastructure industries, with a significant role in mining and construction [2][3] - The production value of civil explosive enterprises in 2024 was 416.95 billion, down 4.5% year-on-year, while profits increased by 13.04% [14][19] Market Dynamics - The industry is experiencing a shift towards higher concentration, with the CR20 increasing from 50.5% in 2013 to 83.17% in 2024 [2][48] - The demand for civil explosives is regionally concentrated, with notable growth in Xinjiang due to coal and hydropower projects [3] Production and Sales - In 2024, the total production and sales of industrial explosives were 449 million tons and 448.5 million tons, respectively, showing a slight decline [14][19] - The main types of industrial explosives produced include gel emulsified explosives and porous ammonium oil explosives, which together account for over 80% of total production [16][19] Policy and Regulation - The government aims to enhance industry concentration and optimize product structure, with plans to form 3 to 5 large competitive enterprises by 2027 [2][48][44] - Policies are encouraging the development of mixed explosives and the reduction of traditional explosives [40][42] Investment Opportunities - Companies to watch include Guangdong Hongda, Yipuli, Guotai Group, Jiangnan Chemical, and Yahua Group, which are positioned well within the evolving market landscape [3]

Core Viewpoint - Yipuli's stock has shown a positive performance in recent trading sessions, with a year-to-date increase of 19.40% and a market capitalization of 17.255 billion yuan [1] Group 1: Stock Performance - As of September 30, Yipuli's stock price increased by 2.05%, reaching 13.91 yuan per share, with a trading volume of 64.0237 million yuan and a turnover rate of 0.66% [1] - The stock has seen a net inflow of main funds amounting to 61.52 thousand yuan, with significant buying activity from large orders [1] - Year-to-date, Yipuli has appeared on the "Dragon and Tiger List" once, with the most recent occurrence on July 23 [1] Group 2: Financial Performance - For the first half of 2025, Yipuli reported a revenue of 4.713 billion yuan, reflecting a year-on-year growth of 20.42%, and a net profit attributable to shareholders of 409 million yuan, up 16.43% [2] Group 3: Business Overview - Yipuli, established on August 10, 2001, and listed on December 22, 2006, is based in Changsha, Hunan Province, and specializes in the production, research, and sales of civil explosive materials and military products, as well as engineering blasting services [1] - The company's main business revenue composition includes blasting services (75.36%), industrial explosives (13.53%), other services (6.40%), and industrial detonators (4.71%) [1] - Yipuli is categorized under the basic chemical industry, specifically in chemical products related to civil explosive materials, and is associated with several concept sectors including hydropower, state-owned enterprise reform, fire protection, military-civilian integration, and civil explosives [1] Group 4: Shareholder Information - As of September 10, Yipuli had 36,000 shareholders, a decrease of 2.70% from the previous period, with an average of 19,470 circulating shares per shareholder, which is an increase of 2.78% [2] Group 5: Dividend Information - Since its A-share listing, Yipuli has distributed a total of 889 million yuan in dividends, with 577 million yuan distributed over the past three years [3]

Core Points - The company announced the resignation of non-independent director Zeng Dekun due to reaching the statutory retirement age [1][2] - Zeng Dekun's resignation will not affect the minimum number of board members required by law, ensuring the normal operation of the board [1] - The company will promptly complete the election of a new director as per relevant regulations [1] Summary by Sections - **Director Resignation**: Zeng Dekun submitted a written resignation report and will no longer hold any position in the company after his resignation [1] - **Tenure Details**: Zeng Dekun's original term was from March 16, 2023, to March 15, 2026 [1] - **Acknowledgment of Contributions**: The company and its board expressed gratitude for Zeng Dekun's significant contributions during his tenure [2]