国浩律师（上海）事务所 法律意见书 地 址 ： 上 海 市 山 西 北 路 9 9 号 苏 河 湾 中 心 M T 2 5 - 2 8 楼 邮 编 ： 2 0 0 0 8 5 25-28/F,Suhe Centre,99 North Shanxi Road,Shanghai 200085,China 电 话 /Tel: +86 21 5234 1668 传 真 /Fax: +86 21 5234 1670 网 址 /Website: http://www.grandall.com.cn 关于 山东招金集团有限公司及其一致行动人 免于以要约形式增持股份 之 国浩律师（上海）事务所关于 山东招金集团有限公司及其一致行动人免于以要约形式 增持股份之法律意见书 致：山东招金集团有限公司 二〇二五年十一月 国浩律师（上海）事务所 法律意见书 为出具本法律意见书，本所律师根据《公司法》《证券法》及《收购管理办 法》等中华人民共和国（以下简称"中国"，为本法律意见书之目的，本法律意 见书所述中国不包含香港特别行政区、澳门特别行政区和台湾地区）现行法律、 法规及规范性文件的相关规定，对涉及收购人本次收购的有关事实和法律事项进 ...

华泰联合证券有限责任公司 关于 宝鼎科技股份有限公司 收购报告书 之 财务顾问报告 根据《中华人民共和国公司法》《中华人民共和国证券法》《上市公司收购 管理办法》《公开发行证券公司信息披露内容与格式准则第 16 号——上市公司 收购报告书》等相关法律、法规的规定，华泰联合证券有限责任公司（简称"本 财务顾问"）受收购人委托，按照行业公认的业务标准、道德规范，本着诚实信 用、勤勉尽责的精神，对本次收购的相关情况和资料进行了核查，对收购人出具 的《宝鼎科技股份有限公司收购报告书》所披露的内容出具财务顾问报告，以供 投资人和有关各方参考。 本财务顾问特作出如下声明： 1、本财务顾问依据的有关资料由收购人及其一致行动人提供。收购人及其 一致行动人已作出承诺，保证其所提供的资料均为真实、准确、完整的原始书面 资料或副本资料，副本资料或复印件与其原始资料或原件一致，所有文件的签名、 印章均是真实的；所有文件和材料不存在虚假记载、误导性陈述或重大遗漏，并 对所提供信息的真实性、准确性和完整性承担法律责任。 二〇二五年十一月 财务顾问声明 2、本财务顾问已履行勤勉尽责义务，对收购报告书的内容进行了核查和验 证，未发现虚假记载 ...

Core Viewpoint - Baoding Technology (002552) has demonstrated strong financial performance in Q3 2025, driven by its dual business model of "electronic materials + gold mining," which provides robust growth momentum [1][5][6] Financial Performance - In the first three quarters of 2025, the company achieved revenue of 2.172 billion yuan, a year-on-year increase of 3.13%, and a net profit of 539.425 million yuan, up 28.02% [1] - In Q3 2025, revenue reached 777 million yuan, reflecting a year-on-year growth of 24.16%, while net profit surged to 29.936 million yuan, marking an impressive increase of 183.45% [1] Business Segments - The company operates in two main sectors: electronic materials, including electronic copper foil and copper-clad laminates (CCL), and gold mining [2][3] - Baoding Technology's subsidiary, Jinbao Electronics, is one of the few domestic companies with integrated capabilities in the design, R&D, and production of electronic copper foil and CCL, establishing itself as a key supplier in the PCB industry [2] - The electronic materials segment is expected to generate revenue of 2.529 billion yuan in 2024, a growth of 7.27% [2] Market Trends - The global PCB market for servers and data storage is projected to grow significantly, with an expected market size of 10.916 billion USD in 2024, up 33.1%, and a compound annual growth rate (CAGR) of 11.6% from 2024 to 2029 [1] - The rising demand for data centers and servers, driven by the AI development wave, is expected to bolster the company's electronic materials business [5] Gold Mining Operations - Baoding Technology's subsidiary, Hexi Gold Mine, has completed the first phase of its resource integration project, which is now in production with an annual capacity of 300,000 tons [3] - The gold mining segment is projected to achieve revenue of 334 million yuan in 2024, a year-on-year increase of 27.43%, with a gross margin of 54.91% [4] - The company benefits from a strong gold market, with predictions of gold prices reaching 4,980 USD per ounce in the next 12 months, a 27% increase from current levels [4] Strategic Outlook - The dual business model of electronic materials and gold mining is expected to enhance Baoding Technology's profitability and competitive edge in high-growth sectors [5][6] - The company's integrated approach in the electronic materials sector and the expansion of its gold mining operations are anticipated to provide sustained revenue growth and profitability [6]

Core Points - The board of directors and senior management guarantee the authenticity, accuracy, and completeness of the quarterly report, assuming legal responsibility for any misstatements or omissions [2][3] - The third-quarter financial report has not been audited [3][7] Financial Data - The company does not require retrospective adjustments or restatements of previous accounting data [3] - There are no non-recurring profit and loss items applicable for the current reporting period [3] - The company has completed the repurchase and cancellation of 20,556,708 shares for performance compensation, reducing the total share capital from 408,542,039 shares to 387,985,331 shares [5] Shareholder Information - There are no changes in the top ten shareholders or their shareholding due to securities lending activities [5] - The company does not have any preferred shareholders or related information applicable [5] Other Important Matters - The "Hexi Mining Area Resource Integration and Development Project (Phase I)" has completed acceptance inspection and received a production safety license for an annual output of 300,000 tons [5]

宝鼎科技股份有限公司 收购报告书摘要 签署日期：二〇二五年十月 四、截至本收购报告书摘要出具日，本次收购所涉及的各方需根据相关法律 法规及规范性文件依法履行信息披露义务。本次收购已经履行了现阶段必要的法 定程序。本次收购系招远市国资局实际控制下的不同主体之间进行，未导致上市 公司的实际控制人发生变化，符合《收购管理办法》第六十二条第一款第（一） 项规定的可以免于以要约方式增持股份的情形。 五、本次收购是根据本报告书摘要所载明的资料进行的。除收购人和所聘请 的专业机构外，没有委托或者授权任何其他人提供未在本报告书摘要中列载的信 息和对本报告书摘要作出任何解释或者说明。 六、收购人承诺本报告书摘要不存在虚假记载、误导性陈述或重大遗漏，并 对其真实性、准确性、完整性承担个别和连带的法律责任。 上市公司： 宝鼎科技股份有限公司 上市地点： 深圳证券交易所 股票简称： 宝鼎科技 股票代码： 002552.SZ 收购人： 山东招金集团有限公司 住 所： 山东省烟台市招远市温泉路 118 号 1 号楼 通讯地址： 山东省烟台市招远市温泉路 118 号 1 号楼 一致行动人 1： 山东金都国有资本投资集团有限公司 住 所： ...

关于免于要约收购的提示性公告 证券代码：002552 证券简称：宝鼎科技 公告编号：2025-055 宝鼎科技股份有限公司 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、事项概述 2025年10月22日，招远市国有资产监督管理局（以下简称"招远市国资局"）、 山东招金集团有限公司（以下简称"招金集团"）、山东金都国有资本投资集团有 限公司（以下简称"金都国投"）签署《关于山东金都国有资本投资集团有限公司 之股权转让协议》，招远市国资局将持有的金都国投100%股权转让至招金集团， 导致招金集团间接收购金都国投持有的宝鼎科技股份有限公司（以下简称"公司" 或"上市公司"）29.91%的股份。 本次收购系经国有资产管理部门批准，招金集团以股权转让方式受让招远市 国资局持有的金都国投 100%股权，招金集团及金都国投的实际控制人均为招远市 人民政府，本次收购属于在同一实际控制人控制的不同主体之间进行，且未导致 上市公司的实际控制人发生变化，符合收购人免于以要约方式增持股份的情形。 三、其他说明及风险提示 1、按照《上市公司收购管理办法》《公开发行证券的公司信息披 ...

Core Viewpoint - The transfer of 100% equity of Jindu Guotou from Zhaoyuan State-owned Assets Supervision and Administration Commission to Zhaojin Group results in Zhaojin Group indirectly acquiring 29.91% of Baoding Technology's shares [1] Group 1 - After the completion of the acquisition, Zhaojin Group will hold a total of 38.02% of Baoding Technology's shares [1] - The direct controlling shareholder of Baoding Technology remains Jindu Guotou [1] - The actual controller of the company continues to be the Zhaoyuan Municipal People's Government [1]

Group 1 - The core point of the article is that Baoding Technology reported significant growth in its Q3 2025 financial results, with a revenue of 777,412,257.76 yuan, representing a year-on-year increase of 24.16% and a net profit attributable to shareholders of 29,835,966.53 yuan, which is a remarkable year-on-year growth of 164.28% [1] Group 2 - The company achieved a revenue of approximately 777.41 million yuan in Q3 2025 [1] - The net profit attributable to shareholders reached approximately 29.84 million yuan in Q3 2025 [1] - The year-on-year revenue growth was 24.16%, indicating strong operational performance [1] - The year-on-year net profit growth was 164.28%, highlighting significant improvement in profitability [1]

Core Insights - Baoding Technology (002552.SZ) reported a revenue of 2.172 billion yuan for the first three quarters of 2025, representing a year-on-year increase of 3.13% [1] - The net profit attributable to shareholders of the listed company was 51.8154 million yuan, a year-on-year decrease of 53.96% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 53.9425 million yuan, showing a year-on-year increase of 28.02% [1] Financial Performance - Revenue for the first three quarters reached 2.172 billion yuan, up 3.13% compared to the previous year [1] - Net profit attributable to shareholders decreased to 51.8154 million yuan, down 53.96% year-on-year [1] - Net profit after deducting non-recurring items increased to 53.9425 million yuan, up 28.02% year-on-year [1]

Group 1 - The core viewpoint of the article highlights Baoding Technology's financial performance in Q3, showing significant growth in revenue and net profit compared to the previous year [2] - In Q3, the company's revenue reached 777 million yuan, representing a year-on-year increase of 24.16%, while net profit was 29.836 million yuan, up 164.28% year-on-year [2] - For the first three quarters, the total revenue was 2.172 billion yuan, reflecting a year-on-year growth of 3.13%, but net profit decreased to 51.8154 million yuan, down 53.96% year-on-year [2]