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]

Group 1 - The company Shanghai Yanshan Technology Co., Ltd. announced that its subsidiary Nullmax (Cayman) plans to initiate a Series C financing round with a maximum amount of $100 million [1] - A strategic investor, a leading domestic automotive-grade chip company, will participate in the financing by investing $10 million, resulting in a 2.45% equity stake in Nullmax [1] - As of April 1, 2024, the company Ruifeng (BVI) Co., Ltd. will complete an investment of 675 million yuan in Nullmax, increasing its ownership to 26.12% [1] Group 2 - Following the investment, Ruifeng BVI will terminate the voting rights delegation agreement, reducing its voting rights from 50.20% to 27.62%, and will no longer have control over Nullmax [2] - The termination of the voting rights delegation means that Nullmax will no longer be included in the consolidated financial statements of the company [2]

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]

Group 1 - The company Nullmax (Cayman) plans to initiate a Series C financing round with a maximum amount of $100 million to enhance capital strength and optimize its equity structure, involving a strategic investor from a leading domestic automotive-grade chip company [1] - The strategic investor will invest $10 million in Nullmax (Cayman), with $3.479575 million allocated to registered capital, resulting in a pre-investment valuation of $425 million for Nullmax (Cayman) [1] - After the investment, the strategic investor will hold a 2.45% stake in Nullmax (Cayman), while the full subsidiary Ruifeng BVI's stake will decrease from 28.31% to 27.62% [1] Group 2 - Ruifeng BVI and other parties signed a termination agreement to end the proxy voting agreement, which previously allowed Stonehill and Yanheng to delegate their 21.88% voting rights to Ruifeng BVI [2] - Following the termination of the proxy voting agreement, Ruifeng BVI's voting rights in Nullmax (Cayman) will drop from 50.20% to 28.31% [2] - The board composition of Nullmax (Cayman) will be adjusted, with Xu Lei Holding Limited entitled to appoint 3 directors, Ruifeng BVI 1 director, and Stonehill 1 director, while 2 seats will be independent directors [2] Group 3 - After the termination of the proxy voting agreement, Ruifeng BVI will no longer have control over Nullmax (Cayman), which will be excluded from the company's consolidated financial statements [3]

Group 1 - The company, Rock Mountain Technology, announced a C-round financing plan for its subsidiary Nullmax (Cayman), with a maximum financing amount of $100 million, aiming to enhance capital strength and optimize equity structure [1] - A strategic investor, a leading domestic automotive-grade chip company, will participate in the C-round financing by investing $10 million, which will result in a pre-investment valuation of Nullmax (Cayman) at $425 million [1] - After the investment, the strategic investor will hold a 2.45% stake in Nullmax (Cayman), while the full subsidiary Ruifeng BVI's stake will decrease from 28.31% to 27.62% [1] Group 2 - Due to the requirements of the investor and considerations for Nullmax (Cayman)'s future independent listing, Ruifeng BVI terminated the proxy agreement that allowed Stonehill and Yanheng to exercise voting rights on its behalf, reducing Ruifeng BVI's voting rights from 50.20% to 28.31% [2] - Following the termination of the proxy agreement, Ruifeng BVI will no longer have control over Nullmax (Cayman), which will also be excluded from the company's consolidated financial statements [3] - The board composition of Nullmax (Cayman) will be optimized, with Xu Lei Holding Limited entitled to appoint 3 directors, Ruifeng BVI 1 director, and Stonehill 1 director, while the remaining 2 will be independent directors [2]