广东普罗米修（龙岗）律师事务所 关于 深圳市沃尔核材股份有限公司召开 之 法律意见书 二零二五年六月 广东普罗米修（龙岗）律师事务所 关于深圳市沃尔核材股份有限公司召开 致：深圳市沃尔核材股份有限公司 根据深圳市沃尔核材股份有限公司（下称"公司"）的委托，并 依据《中华人民共和国公司法》（下称"《公司法》"）、《中华人 民共和国证券法》（下称"《证券法》"）、《上市公司治理准则》 （下称"《治理准则》"）等法律、行政法规、 规范性文件以及《深 圳市沃尔核材股份有限公司章程》（下称"《公司章程》"）的规定， 广东普罗米修（龙岗）律师事务所（下称"本所"）指派律师出席了 公司 2024 年年度股东大会（下称"本次股东大会"），现就公司本 次股东大会召开的有关事宜出具本法律意见书。 本所同意将本法律意见书随公司本次股东大会的决议一起予以 公告，并依法对本所出具的法律意见承担相应的责任。 本所经办律师仅对本次股东大会的召集和召开程序、本次股东大 会召集人和出席会议人员的资格、本次股东大会审议的议案、本次股 东大会的表决程序和表决结果发表意见。本法律意见书仅供公司本次 股东大会之目的使用，未经本所书面同意，任何人不得将 ...

广东普罗米修（龙岗）律师事务所 关于 深圳市沃尔核材股份有限公司召开 2024 年年度股东大会律师见证 之 法律意见书 二零二五年六月 广东普罗米修（龙岗）律师事务所 关于深圳市沃尔核材股份有限公司召开 2024 年年度股东大会律师见证之法律意见书 致：深圳市沃尔核材股份有限公司 经本所经办律师验证与核查，公司本次股东大会召集人的资格及 会议通知的时间、方式以及通知的内容符合《公司法》《治理准则》 等法律、行政法规、规范性文件及《公司章程》《股东大会议事规则》 的规定。 根据深圳市沃尔核材股份有限公司（下称"公司"）的委托，并 依据《中华人民共和国公司法》（下称"《公司法》"）、《中华人 民共和国证券法》（下称"《证券法》"）、《上市公司治理准则》 （下称"《治理准则》"）等法律、行政法规、 规范性文件以及《深 圳市沃尔核材股份有限公司章程》（下称"《公司章程》"）的规定， 广东普罗米修（龙岗）律师事务所（下称"本所"）指派律师出席了 公司 2024 年年度股东大会（下称"本次股东大会"），现就公司本 次股东大会召开的有关事宜出具本法律意见书。 本所同意将本法律意见书随公司本次股东大会的决议一起予以 公告，并 ...

证券代码：002130 证券简称：沃尔核材 公告编号：2025－046 深圳市沃尔核材股份有限公司 2024 年年度股东大会决议公告 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、 误导性陈述或重大遗漏。 重要提示 1、本次股东大会没有否决议案的情况； 2、本次股东大会不涉及变更前次股东大会决议的情况。 一、会议召开情况 1、会议召开时间： （1）现场会议召开时间：2025年6月3日（星期二）下午1:30。 （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6月3日（星期二）上午9:15－9:25、9:30-11:30和下午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6月3日（星期二）上午9:15 至下午15:00期间的任意时间。 2、现场会议召开地点：深圳市坪山区兰景北路沃尔工业园办公楼会议室 3、会议召开方式：本次会议采取现场投票和网络投票相结合的方式 参加本次会议的股东及股东代理人共1,763人，代表公司有表决权的股份 205,700,438股，占公司有表决权股份总数的16.4611%。其中，现场出席会议的股东 ...

关于 2025 年股票期权激励计划授予登记完成的公告 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、 误导性陈述或重大遗漏。 特别提示： 激励对象定向发行的沃尔核材A股普通股股票。 根据中国证券监督管理委员会《上市公司股权激励管理办法》、深圳证券交 易所、中国证券登记结算有限责任公司深圳分公司等有关规则的规定，经深圳证 券交易所、中国证券登记结算有限责任公司深圳分公司审核确认，深圳市沃尔核 材股份有限公司（以下简称"公司"）完成了2025年股票期权激励计划（以下简 称"本激励计划"）授予股票期权的登记工作，具体情况如下： 证券代码：002130 证券简称：沃尔核材 公告编号：2025-045 深圳市沃尔核材股份有限公司 过了《关于 <深圳市沃尔核材股份有限公司 ensp="ensp" 年股票期权激励计划="年股票期权激励计划" 草 案="草案"> 及摘要的议案》《关于 <深圳市沃尔核材股份有限公司 ensp="ensp" 年股票期权激励计划="年股票期权 激励计划"> 实施考核管理办法>的议案》《关于提请股东大会授权董事会办理公司 2025 年股 票期权激励计划相关事宜的议案》，公司聘请 ...

关于 2025 年股票期权激励计划授予登记完成的公告 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、 误导性陈述或重大遗漏。 特别提示： 证券代码：002130 证券简称：沃尔核材 公告编号：2025-045 深圳市沃尔核材股份有限公司 1、股票期权简称：沃尔JLC5 2、股票期权代码：037496 3、股票期权授予日：2025年4月24日 4、股票期权授予数量：813.74万份，占授予登记前公司股份总数的比例为 0.65%。 5、股票期权授予登记人数：479人 6、股票来源：回购股份专用证券账户已回购的沃尔核材A股普通股股票或向 激励对象定向发行的沃尔核材A股普通股股票。 7、股票期权授予登记完成日：2025年5月27日 根据中国证券监督管理委员会《上市公司股权激励管理办法》、深圳证券交 易所、中国证券登记结算有限责任公司深圳分公司等有关规则的规定，经深圳证 券交易所、中国证券登记结算有限责任公司深圳分公司审核确认，深圳市沃尔核 材股份有限公司（以下简称"公司"）完成了2025年股票期权激励计划（以下简 称"本激励计划"）授予股票期权的登记工作，具体情况如下： 一、本激励计划已履行的审 ...

Group 1 - The superconducting concept sector rose by 3.12%, ranking third among concept sectors, with 21 stocks increasing in value, including Yongding Co. and Baili Electric, which hit the daily limit, and Jinbei Electric, Chenguang Medical, and Antai Technology showing significant gains of 7.26%, 6.39%, and 6.17% respectively [1] - The leading stocks in terms of net inflow of main funds included Yongding Co. with a net inflow of 273 million yuan, followed by Baili Electric and Jingda Co. with net inflows of 192 million yuan and 94.95 million yuan respectively [2][3] - The main fund inflow rates for Baili Electric, Jingda Co., and Yongding Co. were 18.10%, 10.04%, and 9.57% respectively, indicating strong investor interest in these stocks [3] Group 2 - The superconducting concept sector attracted a net inflow of 773 million yuan today, with 14 stocks receiving net inflows, and 6 stocks seeing inflows exceeding 30 million yuan [2] - The top stocks by net inflow in the superconducting concept sector included Yongding Co., Baili Electric, and Wolong Nuclear Materials, with respective net inflows of 273 million yuan, 192 million yuan, and 73.71 million yuan [2][3] - The overall performance of the superconducting concept sector reflects a positive market sentiment, with significant gains in several key stocks [1][2]

深圳市沃尔核材股份有限公司 证券代码：002130 证券简称：沃尔核材 公告编号：2025-044 特此公告。 深圳市沃尔核材股份有限公司董事会 2025年5月20日 1 第七届董事会第二十八次会议决议公告 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、 误导性陈述或重大遗漏。 深圳市沃尔核材股份有限公司（以下简称"公司"）第七届董事会第二十八 次会议通知于2025年5月19日（星期一）以电话及邮件方式送达给公司全体董事。 由于事项紧急，会议于2025年5月19日（星期一）以通讯会议方式召开，会议应 到董事8人，实到董事8人，公司监事、高管列席了本次会议。本次董事会会议的 召开符合国家有关法律、法规和《公司章程》的规定。会议由副董事长、总经理 易华蓉女士主持，以8票同意、0票反对、0票弃权，审议通过了《关于变更公司 法定代表人的议案》。 鉴于公司原董事长（法定代表人）周文河先生已辞任，为确保公司经营业务 的正常进行，根据《深圳市沃尔核材股份有限公司章程》的相关规定，同意由公 司副董事长、总经理易华蓉女士担任公司的法定代表人。公司将按法定程序尽快 完成相关工商变更登记工作事项。 ...

Group 1: Hunan YN Energy - In Q1 2025, Hunan YN Energy's net profit declined year-on-year due to rising raw material prices, despite a significant increase in product sales to 222,600 tons [1] - The company faces external challenges such as US-China tariffs and fluctuations in lithium carbonate prices, but market demand remains strong [1] - New product series CN-5, YN-9, and YN-13 have gained customer recognition, with sales proportion reaching approximately 37% in Q1, and expected to increase throughout the year [1] - The company is advancing its 50,000-ton lithium battery cathode material project in Spain and anticipates mining operations at Huangjiapo Phosphate Mine to commence in the second half of the year [1] - Future plans include deepening the integrated industrial layout of 'resources-precursor-cathode materials-recycling' to reduce costs and enhance quality [1] Group 2: Walden Materials - Walden Materials has adjusted its 2024 annual report to better reflect its strategic positioning and business structure [2] - The growth in operating performance for 2024 and Q1 2025 is attributed to increased R&D efforts, market expansion, and improved automation and production efficiency [2] - The demand for high-speed communication wire continues to grow, with high capacity utilization and stable yield for 224G high-speed communication wire [2] - The automotive communication wire segment is expanding rapidly, with products being delivered in bulk [2] - The company plans to issue H-shares and go public to support its international strategy, enhance brand image, and broaden financing channels [2] Group 3: East China Pharmaceutical - East China Pharmaceutical has set higher goals in its eighth three-year plan, focusing on innovative product launches and team capability enhancement [3] - The company aims to balance resource utilization by improving efficiency and project quality, ensuring maximum R&D efficiency [3] - Optimized payment policies will allow approximately 35% of products to receive payments in the following month, reducing the average turnover period to 45 days [3] - The medical beauty business is expected to grow, driven by new product launches and consumer upgrades [3] - The industrial microbiology sector will continue to implement large-scale cultivation plans, focusing on cost reduction and efficiency improvement [3] - The company is confident in achieving sustainable international cooperation through license-out agreements [3]

Investment Rating - The investment rating for the AIDC power equipment and grid industry is "Outperform the Market" (maintained rating) [1] Core Viewpoints - Domestic and international cloud service providers have significantly increased capital expenditures in Q1, indicating a rising investment sentiment in the domestic power grid [4] - The power equipment capacity can reach 3-5 times that of computing chips, with the supply and distribution market expected to reach 73 billion yuan by 2026 [4] - The AIDC power equipment sector has seen a general increase in stock prices, with lead-acid batteries, HVDC, and UPS showing the highest gains [4] - The industry is characterized by a long power transmission chain, with global giants like Eaton and Schneider having established strong product lines and solution capabilities, while domestic companies are gaining competitive advantages [4] - The year 2025 is anticipated to be a pivotal year for AIDC construction, with significant capital expenditures expected from major cloud providers [4] Summary by Sections AIDC Power Equipment - Major cloud companies like Tencent and Alibaba have ramped up their AI computing infrastructure investments, with Tencent's capital expenditure reaching 27.48 billion yuan, up 91% year-on-year, and Alibaba's at 24.612 billion yuan, up 121% [4][16] - The global data center's IT load is projected to grow significantly, with a compound annual growth rate (CAGR) of 48% from 2024 to 2026 [4] - The AIDC power equipment sector is expected to benefit from the increasing demand for power supply equipment, including transformers and UPS systems [4] Grid Industry - In March 2025, the national power engineering investment reached 56.9 billion yuan, a decrease of 5.7% year-on-year, while the grid engineering investment was 52 billion yuan, an increase of 18.4% year-on-year [30] - The National Grid's investment in ultra-high voltage equipment is expected to see significant growth in 2025, with a projected annual investment exceeding 650 billion yuan [4] - The bidding results for the National Grid's transmission and transformation equipment show a total bid amount of 17.636 billion yuan, an increase of 12.7% year-on-year [60]

Group 1: Business Adjustments - The company has reclassified its business sectors to better reflect its strategic positioning and industry trends, merging the original heat shrink materials and wire industries into the electronic communication sector, and the power and new energy vehicle sectors into the new energy power sector [2][3]. - Product names have been adjusted for clarity, with "electronic products" changed to "electronic materials" and "wire products" to "communication cables," while new energy products have been split into new energy vehicle products and wind power products [3]. Group 2: Financial Performance - The company reported significant growth in its operating performance for 2024 and Q1 2025, driven by increased R&D and market expansion efforts, resulting in revenue growth across electronic materials, communication cables, power products, and new energy vehicle products [4]. - Continuous improvements in automation, production efficiency, and product structure optimization have contributed to enhanced profitability [4]. Group 3: Product and Market Insights - The demand for high-speed communication cables is on the rise, with the company maintaining a high capacity utilization rate and adjusting production resources based on market trends and customer needs [4]. - The 224G high-speed communication cable product has stable yield rates and meets customer demands, with high entry barriers due to complex production processes and stringent quality control requirements [4][5]. Group 4: Strategic Initiatives - The company plans to issue H shares and list them to support its internationalization strategy, enhance its global brand image, and broaden financing channels for ongoing investments in technology R&D, capacity building, and overseas market expansion [5]. - Future investments will focus on addressing existing capacity bottlenecks, with potential acquisitions being evaluated based on strategic alignment, industry trends, and cost considerations [5].