监事会关于 2022 年股票期权与限制性股票激励计划相关事项的核查意见 深圳市芭田生态工程股份有限公司 深圳市芭田生态工程股份有限公司（以下简称"公司"）监事会依据《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》《上市公司 股权激励管理办法》（以下简称"《管理办法》"）等有关法律、法规、规范性文件 和《深圳市芭田生态工程股份有限公司章程》的规定，对公司 2022 年股票期权与限制 性股票激励计划（以下简称"本次激励计划"）相关事项进行核查，发表核查意见如 下 一、关于注销 2022 年股票期权与限制性股票激励计划部分股票期权的核查意见 鉴于本次激励计划首次授予股票期权第二个行权期期满，公司将注销首次授予第二个 可行权期内2名激励对象第二个行权期内获授的可行权但行权期结束尚未进行行权的15,300 份股票期权，注销首次授予 11 名已离职激励对象获授的 336,000 份股票期权以及其他激 励对象因公司层面考核原因致使已获授但在第三个行权期不得行权的1,754,400份股票 期权，以上合计 2,105,700 份首次授予股票期权将由公司予以注销。本次注销首次授予部 分股票期权事项符合 ...

关于 2022 年股票期权与限制性股票激励计划回购注销部分限制性股票通知债权人的公告 证券代码:002170 证券简称:芭田股份 公告编号:25-56 深圳市芭田生态工程股份有限公司 关于 2022 年股票期权与限制性股票激励计划回购注销部 分限制性股票通知债权人的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假记载、 误导性陈述或重大遗漏。 一、通知债权人的原因 深圳市芭田生态工程股份有限公司（以下简称"公司"）于 2025 年 7 月 21 日召开第 八届董事会第二十三次会议和第八届监事会第二十三次会议，审议通过了《关于回购注销 2022 年股票期权与限制性股票激励计划部分限制性股票及调整回购价格的议案》。鉴于 公司 2022 年股票期权与限制性股票激励计划（以下简称"本次激励计划"或"《激励 计划（草案）》"）设定的相关公司层面业绩考核未完全达标，存在部分首次授予限 制性股票已获授但在第三个解除限售期不得解除限售的情形，需回购注销对应部分限 制性股票，公司拟回购注销其已获授但尚未解除限售的限制性股票合计 456,000 股， 具体详见公司于 2025 年 7 月 22 日在巨潮资 ...

关于注销 2022 年股票期权与限制性股票激励计划部分股票期权的公告 证券代码:002170 证券简称:芭田股份 公告编号:25-54 深圳市芭田生态工程股份有限公司 关于注销 2022 年股票期权与限制性股票激励计划 部分股票期权的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假记载、 误导性陈述或重大遗漏。 深圳市芭田生态工程股份有限公司（以下简称"公司"）于 2025 年 7 月 21 日召 开第八届董事会第二十三次会议和第八届监事会第二十三次会议，审议通过了《关于 注销 2022 年股票期权与限制性股票激励计划部分股票期权的议案》。鉴于公司 2022 年股票期权与限制性股票激励计划（以下简称"本次激励计划"或"《激励计划（草 案）》"）首次授予股票期权第二个行权期已届满，2 名激励对象第二个行权期内获授 的可行权但尚未进行行权的股票期权将由公司予以注销，预留授予股票期权第一个行 权期已届满，7 名激励对象第一个行权期内获授的可行权但尚未进行行权的股票期权将 由公司予以注销；首次授予股票期权激励对象在第三个行权等待期内有 11 人已离职， 预留授予股票期权激励对象在第二个行权等待 ...

调整回购价格相关事项的 法律意见书 浙江天册（深圳）律师事务所 关于 深圳市芭田生态工程股份有限公司 2022 年股票期权与限制性股票激励计划 注销部分股票期权和回购注销部分限制性股票及 法律意见书 致：深圳市芭田生态工程股份有限公司 浙江天册（深圳）律师事务所（以下简称"本所"）接受深圳市芭田生态工 程股份有限公司（以下简称"芭田股份"或"公司"）的委托，就芭田股份实施 2022 年股票期权与限制性股票激励计划（以下简称"本次激励计划"）相关事 宜担任专项法律顾问。本所根据《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》"）、《上市公 司股权激励管理办法》（以下简称"《管理办法》"）等法律、行政法规、部门 规章及其他规范性文件（以下统称"法律法规"）、《深圳证券交易所股票上市 规则》（以下简称"《上市规则》"）、《深圳市芭田生态工程股份有限公司章 程》（以下简称"《公司章程》"）、《深圳市芭田生态工程股份有限公司 2022 年股票期权与限制性股票激励计划（草案）》（以下简称"《激励计划（草案）》"）、 《深圳市芭田生态工程股份有限公司 2022 年股票期权 ...

Core Viewpoint - On July 21, a total of 23 listed companies had their restricted shares unlocked, with a total market value of approximately 5.36 billion yuan [1] Summary by Category Restricted Share Unlocking - The specific details of the restricted share unlocking include: - Shandong High Energy (000803): 1.2772 million shares from equity incentive - Yueyang Xingchang (000819): 2.1525 million shares from equity incentive - Zhangyu A (000869): 2.0357 million shares from equity incentive - Sheneng Co., Ltd. (600642): 9.7161 million shares from equity incentive - Batian Co., Ltd. (002170): 1.2 million shares from equity incentive - Wanma Co., Ltd. (002276): 2.6112 million shares from equity incentive - Chuanfa Longmang (002312): 12.5 million shares from A-share issuance - Chengda Pharmaceutical (301201): 6.15594 million shares with extended lock-up period - Maoshuo Power (002660): 8.22983 million shares from A-share issuance - Laobaixing (603883): 193.6 thousand shares from equity incentive - Zhenbaodao (603567): 726.9 thousand shares from equity incentive - Lifang Pharmaceutical (003020): 234 thousand shares from equity incentive - Triangle Defense (300775): 110.4 thousand shares from equity incentive - Yidao Information (001314): 46.26 thousand shares from equity incentive - Honghe Technology (603256): 252.65 thousand shares from equity incentive - Guomao Co., Ltd. (603915): 165.8 thousand shares from equity incentive - Arrow Home (001322): 135.28 thousand shares from equity incentive - Hongying Intelligent (001266): 18 thousand shares from equity incentive - Kangpeng Technology (688602): 4.6189 million shares - Juyi Technology (688162): 108.1 thousand shares - Xidiwei (688173): 15.4 million shares - Aike Optoelectronics (688610): 68 thousand shares - Hangcai Co., Ltd. (688563): 180 thousand shares [1]

Investment Rating - The report maintains an "Outperform" rating for the basic chemical industry [2] Core Viewpoints - The basic chemical sector has outperformed the market, with the industry index rising by 1.8% from July 11 to July 18, compared to a 0.7% increase in the Shanghai Composite Index [9][20] - The report highlights significant price increases in TDI, glyphosate, and glufosinate due to supply disruptions and rising demand, particularly in South America [6][31][33] Summary by Sections 1. Core Viewpoints - The basic chemical sector is expected to benefit from supply-side reforms and improved demand due to recent government policies aimed at stabilizing the economy [17] - The report emphasizes the potential for long-term investment in core assets as the profitability of chemical products has likely bottomed out, suggesting a recovery in valuations [17][18] 2. Overall Performance of the Chemical Sector - The basic chemical industry index has shown a year-to-date increase of 10.8%, outperforming both the Shanghai Composite and ChiNext indices by 5.4% and 4.5%, respectively [20][26] 3. Individual Stock Performance in the Chemical Sector - Among 424 stocks in the basic chemical sector, 251 stocks rose while 162 fell during the reporting week, with notable gainers including Shangwei New Materials (+148.8%) and Dongcai Technology (+33.2%) [29][30] 4. Key News and Company Announcements - A fire at Covestro's TDI plant in Germany has led to significant supply disruptions, creating opportunities for price increases in TDI [31][32] - Glyphosate prices have increased to 25,500 CNY per ton, reflecting a 7.16% month-over-month rise, driven by reduced inventory levels [33] - New regulations on glufosinate are expected to constrain supply, potentially leading to price increases as the market adjusts [34]

证券代码：002170 证券简称：芭田股份 公告编号：2025-51 深圳市芭田生态工程股份有限公司 2025年半年度业绩预告 本公司及董事会全体成员保证公告内容真实、准确和完整，没有虚假记载、 误导性陈述或重大遗漏。 2025 年半年度业绩预告 | 项目 | 本报告期 | | 上年同期 | | | --- | --- | --- | --- | --- | | 归属于上市公 司股东的净利 | 盈利：45,000 万元 | 万元—52,000 | 盈利：15,020.03 | 万元 | | 润 | 比上年同期增长：199.60%—246.20% | | | | | 扣除非经常性 损益后的净利 | 盈利：44,900 万元 | 万元—51,900 | 盈利：14,808.85 | 万元 | | 润 | 比上年同期增长：203.20%—250.47% | | | | | 基本每股收益 | 盈利：0.4670 元/股 | 元/股—0.5396 | 盈利：0.1688 | 元/股 | 二、业绩预告预审计情况 本次业绩预告未经过会计师事务所审计。 三、业绩变动原因说明 2025 年半年度磷矿石及其加工的产品销售收入大幅 ...

芭田股份（002170）公告，预计2025年上半年净利润为4.5亿元—5.2亿元，比上年同期的1.5亿元增长 199.60%—246.20%。 ...

Investment Rating - The report maintains an "Outperform" rating for the basic chemical industry [2] Core Viewpoints - The basic chemical sector has shown better performance than the market, with a year-to-date increase of 8.9%, outperforming the Shanghai Composite Index by 4.2 percentage points [4][16] - The global potash market is characterized by oligopoly, with major producers controlling supply and prices. Recent production cuts by key players are expected to sustain potash market conditions [5][27] - Phosphate supply remains tight, with stable prices and potential improvements in export opportunities as demand increases [5][27] Summary by Sections 1. Core Viewpoints - Policies are expected to improve supply-demand dynamics in the chemical sector, with a focus on cyclical investment opportunities [13] - The chemical industry is entering a new long-term prosperity cycle, driven by improved fundamentals and reduced risks [13][14] 2. Overall Performance of the Chemical Sector - The basic chemical industry index increased by 1.5% during the week, outperforming the Shanghai Composite Index by 0.4 percentage points [16] - Year-to-date, the basic chemical industry index has increased by 8.9%, significantly outperforming both the Shanghai Composite and ChiNext indices [16][18] 3. Individual Stock Performance in the Chemical Sector - Among 424 stocks in the basic chemical sector, 298 stocks rose while 123 fell during the week [25] - The top performers included companies like Shangwei New Materials (+72.9%) and Hongbo New Materials (+24.7%) [25][26] 4. Key News and Company Announcements - The autumn fertilizer preparation has begun, with a focus on investment opportunities in potash and phosphate fertilizers [27] - Major potash producers have announced production cuts, which are expected to tighten supply and support prices [5][27] - Phosphate prices remain stable, with potential for improved export conditions as demand increases [5][27] 5. Product Price Changes - The report highlights significant price increases in various chemical products, with notable gains in dimethylamine (+16.7%) and fatty alcohol (+8.2%) [6] - Conversely, urea prices have seen a significant decline (-15%) [6]

Meeting Overview - The 22nd meeting of the 8th Supervisory Board of Shenzhen Batian Ecological Engineering Co., Ltd. was held on July 9, 2025, with all three supervisors present [1][2]. Resolutions Passed - The Supervisory Board approved the adjustment of the exercise price for stock options and restricted stock in the 2022 incentive plan, confirming compliance with relevant regulations and no harm to the interests of the company and shareholders [2][3]. - The Supervisory Board also approved the adjustment of the exercise price for stock options and restricted stock in the 2025 incentive plan, affirming that the adjustment process was legal and compliant [2][3]. - The Board recognized that the conditions for the third exercise period of the stock options granted in the 2022 incentive plan had been met, allowing 104 eligible participants to exercise their options [3][4]. - The conditions for the third release of restrictions on restricted stock in the 2022 incentive plan were also deemed fulfilled, permitting 8 eligible participants to lift restrictions on their shares [4][5]. - The Board confirmed that the conditions for the second exercise period of the reserved stock options in the 2022 incentive plan had been satisfied, allowing 58 eligible participants to exercise their options [5][6].