证券代码：002195 证券简称：岩山科技 公告编号：2025-057 上海岩山科技股份有限公司 关于使用闲置自有资金进行投资理财的进展公告 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、误导性陈述或者重大遗漏。 一、购买理财产品的基本情况 上海岩山科技股份有限公司（以下简称"公司"）分别于2025年5月30日召 开第八届董事会第二十次会议、第八届监事会第十六次会议，于2025年6月24 日召开2024年度股东大会，均审议通过了《关于增加使用闲置自有资金购买理 财产品额度的议案》，同意公司（含控股子公司）使用不超过（含）人民币60 亿元的闲置自有资金进行委托理财，有效期为自2024年度股东大会审议通过该 议案之日起的12个月内，在有效期内该等资金额度可滚动使用。详见公司于2025 年6月3日、2025年6月25日刊登在《中国证券报》《上海证券报》《证券日报》 《证券时报》和巨潮资讯网（www.cninfo.com.cn）的相关公告。 | 购买主体 | 是否 | 委托理财金 | 预计 | 预计年 | 序 | 受托人 | 产品类 | 资金 | 起始 | （公司或控 | 关联 | 产品名 ...

Group 1 - The core point of the news is that Rock Mountain Technology's subsidiary, Nullmax Technology, is initiating a Series C financing round with a maximum amount of $100 million, aiming to enhance its capital strength and market competitiveness by introducing a strategic investor from a leading domestic automotive-grade chip company [1] - The strategic investor plans to invest $10 million in Nullmax Technology, which corresponds to a pre-investment valuation of $425 million, resulting in a 2.45% shareholding post-investment [1] - Rock Mountain Technology remains the largest single shareholder of Nullmax Technology after the transaction, ensuring that the collaboration in AI business areas will not be affected [1] Group 2 - The financing round includes an agreement to terminate the voting rights delegation from Stonehill and Yanheng, which held 21.88% of Nullmax Technology's voting rights, to optimize the governance structure of Nullmax [2] - The adjustment in board seat arrangements will introduce independent directors, aimed at enhancing decision-making independence and operational flexibility for Nullmax Technology [2] - These changes are intended to create a more favorable institutional environment for the long-term sustainable development of Nullmax Technology [2]

此次公告披露，因投资方要求、并基于纽劢科技未来独立上市及业务发展的考虑，瑞丰BVI与Stonehill Technology Limited、Yanheng Limited签订《关于表决权委托协议的终止协议》，终止将纽劢科技 21.88%表决权委托瑞丰BVI代理行使的安排。 本次增资及终止表决权委托后，瑞丰BVI对纽劢科技的持股比例降至27.62%，表决权比例由50.20%降至 27.62%，并不再对纽劢科技拥有控制权，纽劢科技不再纳入公司合并报表范围。 公告显示，本次C轮融资首先通过增资扩股形式引入具有深度协同效应的某国内头部车规级芯片公司作 为战略投资者参与，该C轮投资方拟以1000万美元向纽劢科技增资。本次增资完成后，该C轮投资方对 纽劢科技的持股比例为2.45%。 根据公告，2023年9月19日，岩山科技临时股东大会审议通过了相关议案，同意全资子公司上海瑞丰智 能科技有限公司(以下简称"瑞丰智能科技")增资并收购纽劢科技部分股权暨关联交易的事项。2024年4 月1日，瑞丰智能科技通过其全资子公司Ruifeng(BVI)Co.，Ltd(以下简称"瑞丰BVI")完成向纽劢科技增 资6.75亿元，持有增资后 ...

Core Viewpoint - The company, Shanghai Yanshan Technology Co., Ltd., has approved a significant strategic decision to introduce a strategic investor through a capital increase in its subsidiary, Nullmax (Cayman), while terminating the voting rights entrustment, which will no longer include Nullmax (Cayman) in the consolidated financial statements [2][3][12]. Group 1: Board Meeting and Resolutions - The fourth meeting of the ninth board of directors was held on December 5, 2025, with all nine directors present, and the meeting was deemed legal and effective [1]. - The board unanimously approved the proposal regarding the capital increase and strategic investment in the subsidiary [2][4]. Group 2: Strategic Investment and Financial Impact - Nullmax (Cayman) plans to initiate a Series C financing round with a maximum amount of $100 million, introducing a leading domestic automotive-grade chip company as a strategic investor [7][10]. - The pre-investment valuation of Nullmax (Cayman) is set at $425 million, reflecting a 9.04% increase from the previous financing round [7][42]. - Following the capital increase, the strategic investor will hold a 2.45% stake in Nullmax (Cayman), while the company's voting rights will decrease from 50.20% to 27.62% [8][10]. Group 3: Governance and Operational Changes - The termination of the voting rights entrustment will enhance the governance structure of Nullmax (Cayman), allowing for improved independent operation and market competitiveness [3][46]. - The board composition will be adjusted to include independent directors, further optimizing governance [11][46]. Group 4: Compliance and Approval - The proposal has received approval from the independent directors, ensuring compliance with relevant regulations and safeguarding the interests of all shareholders, particularly minority shareholders [4][48]. - The transaction does not constitute a major asset restructuring as defined by regulations [12][48].

Group 1: Major Transactions - Bohai Chemical is planning to sell 100% equity of Tianjin Bohai Petrochemical and acquire control of Anhui Taida New Materials through a combination of share issuance and cash payment, leading to a significant asset restructuring [1] - Zhongneng Electric is set to acquire 65% equity and debt from three companies, which may constitute a major asset restructuring but will not involve share issuance or change in control [4] - Hai Tai Development has decided to terminate the acquisition of controlling interest in Zhixueyun Technology due to disagreements on key terms, ensuring no adverse impact on normal business operations [5] Group 2: Performance Updates - Wen's shares reported a sales revenue of 3.324 billion yuan from meat chickens in November, marking a year-on-year increase of 10.18% [6] - Shuguang shares saw a 71.07% year-on-year increase in vehicle sales, totaling 207 units in November [6] - Muyuan shares experienced a decline in sales revenue from commodity pigs, reporting 9.39 billion yuan, a decrease of 20.43% year-on-year [6] - Pengding Holdings reported a 5.58% year-on-year decrease in consolidated revenue for November [6] Group 3: Industry Developments - Xiangxi Dairy reported a 6.3% month-on-month increase in fresh milk production in November, although it saw a year-on-year decline of 6.47% [7] - Baisheng Intelligent plans to acquire 51% equity in Zhongke Shengu, which focuses on the research and application of core technologies for embodied intelligent robots [7]

Group 1 - The core point of the news is that Rock Mountain Technology (002195.SZ) announced that its subsidiary Nullmax (Cayman) plans to initiate a Series C financing round with a maximum amount of $100 million, bringing in a strategic investor from a leading domestic automotive-grade chip company [1] - The strategic investor intends to invest $10 million in Nullmax (Cayman), which corresponds to a pre-investment valuation of $425 million, reflecting a 9.04% increase from the previous post-investment valuation of $275.75 million in the Series B round [1] - After the completion of this capital increase, the strategic investor will hold a 2.45% stake in Nullmax (Cayman), which will further enhance the strategic cooperation between Nullmax Technology and the investor [1] Group 2 - Due to the requirements of the investor and considerations for Nullmax (Cayman)'s future independent listing and business development, a termination agreement was signed to end the voting rights delegation agreement with Stonehill Technology Limited and Yanheng Limited [2] - Following this termination, the voting rights held by Ruifeng BVI in Nullmax (Cayman) will decrease from 50.20% to 27.62%, resulting in Ruifeng BVI no longer having control over Nullmax (Cayman) [2] - Despite the termination of the voting rights delegation, the listed company remains the largest single shareholder of Nullmax (Cayman), and this transaction will not impact the net profit and equity attributable to the shareholders of the listed company in future consolidated financial statements [2]

Core Viewpoint - Yanshan Technology (002195) announced that its subsidiary, Niumai Technology, plans to initiate a C-round financing with a maximum amount of $100 million, aiming to attract a strategic investor from a leading domestic automotive-grade chip company [1] Group 1: Financing Details - The strategic investor intends to invest $10 million in Niumai Technology, which corresponds to a pre-investment valuation of $425 million [1] - After the investment, the strategic investor will hold a 2.45% stake in Niumai Technology [1] Group 2: Shareholding Changes - Following the investment and the termination of the voting rights entrustment agreement, the voting rights held by Ruifeng BVI in Niumai Technology will decrease from 50.20% to 27.62% [1] - Ruifeng BVI will no longer have control over Niumai Technology, and Niumai Technology will be excluded from the company's consolidated financial statements [1] Group 3: Impact on Company Operations - The company will remain the largest single shareholder of Niumai Technology, and the transaction is not expected to affect the company's collaborative development in various AI business sectors [1]

Group 1 - Nullmax (Cayman), a subsidiary of the company, plans to initiate a Series C financing round with a maximum amount of $100 million, aiming to attract a leading domestic automotive-grade chip company as a strategic investor [1] - The strategic investor intends to invest $10 million in Nullmax (Cayman), which corresponds to a pre-investment valuation of $425 million, reflecting a 9.04% increase from the previous post-investment valuation of $275.75 million in the Series B round [1] - After the completion of this investment, the strategic investor will hold a 2.45% stake in Nullmax (Cayman), facilitating further strategic cooperation between the two entities [1] Group 2 - Due to the requirements of the investor and considerations for Nullmax (Cayman)'s future independent listing and business development, an agreement to terminate the voting rights delegation to Ruifeng BVI has been signed [2] - Following the termination of the voting rights delegation, Ruifeng BVI's voting rights in Nullmax (Cayman) will decrease from 50.20% to 27.62%, resulting in the loss of control over Nullmax (Cayman) [2] - The termination of the voting rights delegation will not impact the company's consolidated financial statements, and the company remains the largest single shareholder of Nullmax (Cayman) [2]

终止表决权委托后，瑞丰BVI不再对Nullmax (Cayman)拥有控制权，Nullmax(Cayman)不再纳入公司合并 报表范围。 因增资方要求、并基于Nullmax(Cayman)未来独立上市及业务发展的考虑，2025年12月5日，瑞丰BVI与 Stonehill、Yanheng签署了《TERMINATIONAGREEMENTREGARDINGPROXYAGREEMENTS》（即 《关于表决权委托协议的终止协议》），自协议签署日起，终止将Stonehill、Yanheng持有的 Nullmax(Cayman)21.88%表决权委托瑞丰BVI代理行使（简称"终止表决权委托"）。终止表决权委托 后，瑞丰BVI对Nullmax(Cayman)拥有的表决权比例将由50.20%降至28.31%。本次增资及终止表决权委 托后，瑞丰BVI对Nullmax(Cayman)拥有的表决权比例将由50.20%降至27.62%。同时，Nullmax(Cayman) 董事会构成将进一步优化调整。根据2025年12月5日C轮投资方与Nullmax(Cayman)及其子公司、 Nullmax(Cayman)股东等各方共同签署并于本 ...

2025年12月5日，C轮投资方与Nullmax(Cayman)、LeiXu、XuLeiHoldingLimited等各方共同签署了 《SERIESCPREFERREDSHAREPURCHASEAGREEMENT》（即《C轮优先股购买协议》或《购买协 议》），该C轮投资方拟以1,000万美元向Nullmax(Cayman)增资（以下简称"本次增资"），其中 347.9575美元计入Nullmax(Cayman)注册资本，对应Nullmax(Cayman)投前估值为4.25亿美元。本次增资 完成后，该C轮投资方对Nullmax(Cayman)的持股比例为2.45%，公司全资子公司瑞丰BVI对 Nullmax(Cayman)的持股比例由28.31%降至27.62%。 因增资方要求、并基于Nullmax(Cayman)未来独立上市及业务发展的考虑，2025年12月5日，瑞丰BVI与 Stonehill、Yanheng签署了《TERMINATIONAGREEMENTREGARDINGPROXYAGREEMENTS》（即 《关于表决权委托协议的终止协议》），自协议签署日起，终止将Stonehill、Yanheng持有的 ...