| 证券代码：002171 | 证券简称：楚江新材 | 公告编号：2025-070 | | --- | --- | --- | | 债券代码：128109 | 债券简称：楚江转债 | | 安徽楚江科技新材料股份有限公司 第七届董事会第二次会议决议公告 本公司及董事会全体成员保证信息披露内容的真实、准确、完整， 没有虚假记载、误导性陈述或重大遗漏。 一、董事会会议召开情况 安徽楚江科技新材料股份有限公司（以下简称"公司"）第七届 董事会第二次会议通知于2025年7月15日以书面、传真或电子邮件等形 式发出，会议于2025年7月22日以通讯表决的方式召开。本次会议由董 事长姜纯先生主持，会议应出席董事7人，实际出席董事7人，公司部 分高级管理人员列席了会议。本次会议的召集、召开及表决程序符合 《中华人民共和国公司法》和《公司章程》等有关规定。 二、董事会会议审议情况 经与会董事认真审议，经投票表决，会议形成如下决议： （一）审议通过了《关于提前赎回"楚江转债"的议案》 表决结果：同意 7 票、弃权 0 票、反对 0 票。 自2025年7月2日至2025年7月22日，公司股票价格已有15个交易日 的收盘价不低于"楚 ...

安徽楚江科技新材料股份有限公司 关于为子公司向银行申请授信额度提供担保的进展公告 | | | 一、担保情况概述 安徽楚江科技新材料股份有限公司（以下简称"公司"或"楚江 新材"）分别于 2025 年 3 月 15 日和 2025 年 4 月 11 日召开的第六届 董事会第三十二次会议和 2024 年年度股东大会，审议通过了《关于为 子公司及孙公司申请银行授信额度提供担保的议案》，同意公司为子 公司及孙公司向商业银行申请授信额度提供合计不超过 1,080,000.00 万元连带责任担保。其中： 1、公司为本次被担保方全资子公司安徽楚江特钢有限公司（以下 简称"楚江特钢"）向商业银行申请授信额度提供合计不超过 17,000 万元连带责任担保。 2、公司为本次被担保方全资子公司芜湖楚江合金铜材有限公司 （以下简称"楚江合金"）向商业银行申请授信额度提供合计不超过 85,000 万元连带责任担保。 上述担保情况的具体内容详见公司于 2025 年 3 月 18 日和 2025 年 4 月 12 日披露的《关于为子公司及孙公司申请银行授信额度提供担保 的公告》（公告编号：2025－021）和其他相关公告。 二、担保进展情 ...

Investment Rating - The report maintains a "Positive" outlook on the defense and military industry [5] Core Insights - The military trade market is expected to accelerate and improve efficiency, with a continued positive outlook on the military trade sector [10][12] - Geopolitical instability is likely to lead to sustained global demand for military trade, presenting significant development opportunities for China's military trade [14][15] - The current market position suggests a continued positive outlook on the military industry, with military trade expected to become a second growth driver [16] Summary by Sections Military Trade Sector - A high-level meeting between AVIC and Shaanxi Aircraft Industry Group highlighted the importance of military trade, focusing on high-quality development and addressing international market needs [9][12][13] - The European defense sector is undergoing upgrades, with countries increasing defense budgets, which may create supply gaps and opportunities for China's military exports [14][15] Performance and Market Trends - The defense and military industry index increased by 2.26%, outperforming the Shanghai Composite Index [18][19] - The report notes that most military companies have shown rapid growth in their half-year performance for 2025, with significant increases in net profits for several companies [30][32] Investment Recommendations - Suggested investment targets include: - Military Electronics: Zhenhua Technology (000733, Buy), Aerospace Electronics (002025, Buy) [17] - Key Materials and Parts: Western Superconductor (688122, Buy), Chujian New Materials (002171, Buy) [17] - Engine Supply Chain: Aero Engine Corporation of China (600893, Not Rated), Western Superconductor (688122, Buy) [17] - Military Trade: AVIC Shenyang Aircraft Corporation (600760, Not Rated), Guorui Technology (600562, Not Rated) [17]

Industry Overview - Copper strip is a key material in modern industry, known for its excellent electrical and thermal conductivity, processing performance, and corrosion resistance, widely used in new energy and electronic electrical fields [1][4] - The industry is experiencing a "quantity and quality rise" trend, with total production capacity expected to reach 4.179 million tons and output exceeding 3 million tons by 2024, while the proportion of high-end products is projected to increase to 35% [1][10] - The new energy vehicle sector has become a core growth driver, with production and sales in the first five months of 2025 increasing by over 44% year-on-year, significantly boosting demand for high-conductivity copper strips [1][22] Import and Export Dynamics - The import and export landscape is characterized by accelerated import substitution and steady export growth, with exports expected to increase by 20.61% year-on-year in 2024 [1][12] - In 2024, the total import volume of copper strips is projected to be approximately 88,800 tons, a year-on-year increase of 14.28%, while exports are expected to reach 124,200 tons [12][14] - The import structure is shifting towards high-value-added products, while exports are primarily focused on general-purpose products, indicating a trend towards higher technical content and added value in trade [14][21] Competitive Landscape - The competitive landscape of the copper strip industry is evolving into a gradient structure, with leading companies like Jiangxi Copper and Tongling Nonferrous Metals dominating over 60% of the high-end market through technological innovation and cost reduction [16][18] - Medium-sized enterprises are focusing on niche markets, while smaller firms are facing pressure due to environmental standards and market saturation, leading to accelerated exits from the market [16][18] - The industry is expected to consolidate further, with a focus on technological leadership and high-end production capabilities [18][21] Future Trends - The copper strip industry is witnessing three core trends: high-end breakthrough, structural differentiation, and green transformation, driven by technological advancements and market demands [21][22] - The demand for copper strips in the new energy vehicle sector is expected to exceed 2 million tons by 2025, accounting for over 40% of global copper consumption growth [22][23] - Companies are increasingly investing in green technologies and innovations to enhance competitiveness, with significant potential for import substitution in high-end markets [23]

Core Viewpoint - The company, Anhui Chuangjiang Technology New Materials Co., Ltd., has approved a change in registered capital and amendments to its articles of association during its board meeting and subsequent shareholder meeting [1]. Group 1: Company Changes - The registered capital has been reduced from 1,508,548,229 yuan to 1,324,246,265 yuan [1]. - Other business registration items in the company's business license have not changed apart from the registered capital [1]. Group 2: Business Operations - The company is involved in various sectors including the research, production, and sales of thermal equipment, carbon composite materials, powder metallurgy materials, lithium battery anode materials, and 3D printing materials [1]. - The company also engages in technology consulting, research and development, and import-export activities related to its business [1].

2025 年 7 月 16 日，公司完成了上述事项的工商变更登记及《公司 章程》备案手续，并领取了芜湖市市场监督管理局换发的《营业执照》， 工商变更相关情况如下： | 变更事项 | 原登记内容 | 变更后登记内容 | | --- | --- | --- | | 注册资本 | 1,324,246,265 元 | 1,508,548,229 元 | 除上述变更外，公司《营业执照》中其他工商登记事项未发生变 化。变更登记后的相关信息如下： 1、统一社会信用代码：91340200743082289Q 2、名称：安徽楚江科技新材料股份有限公司 | 证券代码：002171 | 证券简称：楚江新材 | 公告编号：2025－068 | | --- | --- | --- | | 债券代码：128109 | 债券简称：楚江转债 | | 安徽楚江科技新材料股份有限公司 关于公司完成工商变更登记的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整， 没有虚假记载、误导性陈述或重大遗漏。 安徽楚江科技新材料股份有限公司（以下简称"公司"）于 2025 年 6 月 6 日召开第六届董事会第三十七次会议和 2025 年 6 ...

Group 1 - The core viewpoint of the news highlights the recent research conducted by the well-known private equity firm Haoze Zhiyuan on a listed company, Chuangjiang New Materials, which is expected to achieve a net profit attributable to shareholders of 240 million to 290 million yuan in the first half of 2025, representing a year-on-year growth of 42.35% to 72% [1] - Chuangjiang New Materials has significantly increased its production capacity compared to previous years, particularly in high-performance carbon fiber fabric products, which are used in multiple aerospace support tasks [1] - The company Dingli Technology is developing tantalum carbide and silicon carbide coating technologies that support material preparation for nuclear fusion devices, while its intelligent environmental thermal equipment is widely applied in the recycling of used lithium batteries [1] Group 2 - Dingli Technology has entered the second round of inquiries from the exchange, and its upcoming listing is expected to enhance brand influence and capital strength [1] - Xinhai High Conductivity Products have received full lifecycle carbon footprint certification, which helps mitigate the costs associated with the EU carbon tariff and expands its market presence in Europe [1] Group 3 - Haoze Zhiyuan (Beijing) Investment Management Co., Ltd. was established in December 2015 and has been registered as a private fund manager since March 2018, managing a total scale of approximately 2 billion yuan [2] - The company has issued over 20 products in the past three years and has a team of nearly 30 members, with a focus on asset allocation and absolute return investment strategies [2] - The main partners of Haoze Zhiyuan have over four years of experience in managing external funds for financial institutions, with a cumulative management scale exceeding 6 billion yuan [2]

Group 1 - The core viewpoint of the news is that Chengpu Asset Management has conducted research on a listed company, Chuangjiang New Material, which is expected to achieve significant profit growth in the coming years [1] - Chuangjiang New Material anticipates a net profit attributable to shareholders of 240 million to 290 million yuan in the first half of 2025, representing a year-on-year growth of 42.35% to 72% [1] - Tian Niao High-tech is producing high-performance carbon fiber fabrics and has significantly increased its production capacity compared to previous years [1] Group 2 - Dingli Technology is developing tantalum carbide and silicon carbide coating technologies that support material preparation for nuclear fusion devices [1] - Dingli Technology is currently in the second round of inquiries from the exchange, and its listing is expected to enhance brand influence and capital strength [1] - Xinhai High-conductivity products have received full lifecycle carbon footprint certification, which helps mitigate EU carbon tariff costs and expand into the European market [1]

证券代码：002171 证券简称：楚江新材 公告编号：2025－067 债券代码：128109 债券简称：楚江转债 安徽楚江科技新材料股份有限公司 关于"楚江转债"可能满足赎回条件的提示性公告 本公司及董事会全体成员保证信息披露内容的真实、准确、完整， 没有虚假记载、误导性陈述或重大遗漏。 特别提示： 称"公司"）召开第六届董事会第三十三次会议，审议通过了《关于不 提前赎回"楚江转债"的议案》，公司董事会决定本次不行使"楚江转 债"的提前赎回权利，并决定自本次董事会审议通过后 3 个月内（即 件赎回条款时，公司均不行使提前赎回权利。以 2025 年 7 月 1 日后首 个交易日（即 2025 年 7 月 2 日）重新计算，若"楚江转债"再次触发 赎回条款，届时董事会将另行召开会议决定是否行使"楚江转债"的提 前赎回权利。具体内容详见公司于 2025 年 4 月 2 日披露的《关于不提 前赎回"楚江转债"的公告》（公告编号：2025-029）。 的 130%（即 7.93 元/股）。若在未来触发"楚江转债"的有条件赎回 条款（即在本次发行的可转换公司债券转股期内，如果公司 A 股股票 连续三十个交易日中至少有十 ...

| 证券代码：002171 | 证券简称：楚江新材 | 公告编号：2025－067 | | --- | --- | --- | | 债券代码：128109 | 债券简称：楚江转债 | | 安徽楚江科技新材料股份有限公司 关于"楚江转债"可能满足赎回条件的提示性公告 本公司及董事会全体成员保证信息披露内容的真实、准确、完整， 没有虚假记载、误导性陈述或重大遗漏。 特别提示： 1、2025 年 4 月 1 日，安徽楚江科技新材料股份有限公司（以下简 称"公司"）召开第六届董事会第三十三次会议，审议通过了《关于不 提前赎回"楚江转债"的议案》，公司董事会决定本次不行使"楚江转 债"的提前赎回权利，并决定自本次董事会审议通过后 3 个月内（即 2025 年 4 月 2 日至 2025 年 7 月 1 日），若"楚江转债"再次触发有条 件赎回条款时，公司均不行使提前赎回权利。以 2025 年 7 月 1 日后首 个交易日（即 2025 年 7 月 2 日）重新计算，若"楚江转债"再次触发 赎回条款，届时董事会将另行召开会议决定是否行使"楚江转债"的提 前赎回权利。具体内容详见公司于 2025 年 4 月 2 日披露的《 ...