中国北京市朝阳区光华路一号 电子邮件 E-mail: email@fangdalaw.com 北京嘉里中心北楼 27 层 电 话 Tel.: +86-010-5769 5600 邮政编码：100020 传 真 Fax.: +86-010-5769 5788 FANGDA PARTNERS http://www.fangdalaw.com 关于中节能万润股份有限公司 2024 年度股东大会的 法律意见书 致：中节能万润股份有限公司 本法律意见书仅供公司为本次股东大会之目的使用。未经本所事先书面同意， 本法律意见书不得向任何第三方提供，或被任何第三方所依赖，或用作任何其他 目的。本所律师同意将本法律意见书随本次股东大会决议按有关规定予以公告。 本所律师根据现行有效的中国法律法规的要求，按照中国律师行业公认的业 务标准、道德规范和勤勉尽责精神，就题述事宜出具法律意见如下： 上海市方达（北京）律师事务所（以下简称"本所"）是具有中华人民共和国 境内法律执业资格的律师事务所。根据相关法律顾问协议，本所指派律师出席中 节能万润股份有限公司（以下简称"公司"）2024 年度股东大会（以下简称"本次 股东大会"），并就本次股 ...

Core Viewpoint - The major shareholder, Luyin Investment Group Co., Ltd., is actively increasing its stake in Wanrun Co., Ltd. to enhance investor confidence and stabilize the capital market, with a planned investment between RMB 125 million and RMB 250 million [1][2][3] Group 1: Shareholder's Plan - Luyin Investment plans to increase its shareholding from February 21, 2025, to August 20, 2025, using its own funds and a special loan for stock purchases [1][2] - The total amount of shares to be purchased is not fixed, and the investment will be based on the reasonable assessment of the company's stock value [2][3] Group 2: Progress of the Share Purchase - As of May 20, 2025, Luyin Investment has acquired 11,396,457 shares, representing 1.2255% of the total share capital of 929,969,005 shares, with an investment of RMB 125,021,504.29 [1][3] - After this purchase, Luyin Investment holds a total of 70,577,994 shares, which is 7.5803% of the current total share capital [3] Group 3: Compliance and Regulations - The share purchase plan complies with relevant laws and regulations, including the Securities Law of the People's Republic of China and the Shenzhen Stock Exchange listing rules [4] - The implementation of this plan will not affect the company's compliance with listing conditions or change the controlling shareholder [4]

证券代码：002643 证券简称：万润股份 公告编号：2025-030 中节能万润股份有限公司 关于持股 5%以上股东增持公司股份计划时间过半的进展公告 公司持股5%以上股东鲁银投资集团股份有限公司保证向本公司提供的信息 内容真实、准确、完整，没有虚假记载、误导性陈述或重大遗漏。 本公司及董事会全体成员保证公告内容与信息披露义务人提供的信息一致。 特别提示： 中节能万润股份有限公司（以下简称"公司"或"万润股份"）于2025年2 月21日在巨潮资讯网（http://www.cninfo.com.cn）披露了《万润股份：关于持股 5%以上股东增持公司股份计划的公告》（公告编号：2025-003），公司持股5% 以上股东鲁银投资集团股份有限公司（以下简称"鲁银投资"）计划自2025年2 月21日起6个月内（即2025年2月21日至2025年8月20日），以自有资金及股票增 持专项贷款通过集中竞价或大宗交易方式，择机以适当的价格增持公司股份，拟 增持金额不低于人民币1.25亿元、不高于2.50亿元（以下简称"本次增持计划"）。 2025年5月20日，公司收到鲁银投资出具的《关于增持万润股份股票计划时 间过半实施情况 ...

Group 1 - The PEEK materials concept index declined by 0.75%, ranking among the top declines in the concept sector as of May 20 [1] - Within the PEEK materials sector, major decliners included Zhongxin Fluorine Materials, Zhongyan Shares, and Jusa Long, while notable gainers were Daon Shares, Wanrun Shares, and Kangtuo Medical, with respective increases of 3.55%, 1.49%, and 1.26% [1] - The concept sector saw a net outflow of 245 million yuan, with 20 stocks experiencing net outflows, and 10 stocks seeing outflows exceeding 10 million yuan [1] Group 2 - The stock with the highest net outflow was Zhongxin Fluorine Materials, with a net outflow of 110 million yuan, followed by Jinfat Technology, Zhongyan Shares, and Xiongdi Technology with net outflows of 30.26 million yuan, 25.26 million yuan, and 17.42 million yuan respectively [1] - The stocks with the highest net inflows included Daon Shares, Keda Li, and Xinhang New Materials, with net inflows of 23.21 million yuan, 14.38 million yuan, and 10.29 million yuan respectively [2] - The trading volume and turnover rates varied significantly among the stocks, with Zhongxin Fluorine Materials showing a turnover rate of 27.24% despite a decline of 9.23% [1][2]

Core Points - The company announced the completion of a share transfer agreement between its controlling shareholder, China Energy Conservation and Environmental Protection Group, and Sinopec Capital, involving the transfer of 46,505,308 shares, representing 5% of the company's total equity, for a total price of RMB 615,265,224.84, at a price of RMB 13.23 per share [1][2] - The State-owned Assets Supervision and Administration Commission approved the transfer, confirming compliance with relevant laws and regulations [2][3] - Following the transfer, Sinopec Capital becomes the third-largest shareholder of the company, with no change in the controlling shareholder or actual controller, ensuring no adverse effects on the company's governance structure or future operations [3][4] Share Transfer Details - The share transfer was completed on May 16, 2025, with the payment of the transfer price as previously disclosed [2] - The company's total share capital decreased from 930,106,155 shares to 929,969,005 shares due to the cancellation of 137,150 restricted stock units [3] - The transfer adheres to various legal frameworks and does not violate any existing commitments by the transferor [3][4]

分股份暨权益变动的提示性公告》（公告编号：2025-001）及相关简式权益变动 报告书。 证券代码：002643 证券简称：万润股份 公告编号：2025-029 中节能万润股份有限公司 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚 假记载、误导性陈述或重大遗漏。 中节能万润股份有限公司（以下简称"公司"或"万润股份"）于 2025 年 国节能"）通知，获悉中国节能向中国石化集团资本有限公司（以下简称"中石 化资本"）协议转让公司部分股份事项的过户登记手续已办理完毕，取得《中国 证券登记结算有限责任公司证券过户登记确认书》，现将具体情况公告如下： 一、股份转让的基本情况 了《中国石化集团资本有限公司及中国节能环保集团有限公司关于中节能万润股 份有限公司之股份转让协议》，中国节能拟通过协议转让的方式向中石化资本转 让其持有的 46,505,308 股公司无限售流通股股份（占公司总股本的 5%）以及由 此所衍生的所有股东权益，股份转让价款为人民币 615,265,224.84 元，每股转让 价格为人民币 13.23 元。具体内容详见公司于 2025 年 1 月 7 日在巨潮资讯网 （http:/ ...

中节能万润股份有限公司（以下简称"公司"或"万润股份"）于 2025 年 5 月 19 日收到控股股东、实际控制人中国节能环保集团有限公司（以下简称"中 国节能"）通知，获悉中国节能向中国石化集团资本有限公司（以下简称"中石 化资本"）协议转让公司部分股份事项的过户登记手续已办理完毕，取得《中国 证券登记结算有限责任公司证券过户登记确认书》，现将具体情况公告如下： 一、股份转让的基本情况 2025 年 1 月 6 日，公司控股股东、实际控制人中国节能与中石化资本签署 了《中国石化集团资本有限公司及中国节能环保集团有限公司关于中节能万润股 份有限公司之股份转让协议》，中国节能拟通过协议转让的方式向中石化资本转 让其持有的 46,505,308 股公司无限售流通股股份（占公司总股本的 5%）以及由 此所衍生的所有股东权益，股份转让价款为人民币 615,265,224.84 元，每股转让 价格为人民币 13.23 元。具体内容详见公司于 2025 年 1 月 7 日在巨潮资讯网 （http://www.cninfo.com.cn）披露的《万润股份：关于控股股东协议转让公司部 分股份暨权益变动的提示性公告》（公告编号 ...

Investment Rating - The report maintains an "Outperform" rating for the chemical industry, indicating a positive outlook based on expected economic recovery and demand improvement [1]. Core Insights - The basic chemical industry is expected to see a recovery in profitability, with 2024 revenues projected to reach CNY 2,219.98 billion, a year-on-year increase of 2.66%, while net profit is expected to decline by 8.18% to CNY 108.87 billion [6][26]. - The oil and petrochemical sector is anticipated to maintain stable revenues and profits, with 2024 revenues estimated at CNY 7,941.40 billion, a decrease of 2.81%, and net profit expected to grow by 0.58% to CNY 372.14 billion [1][26]. - The report highlights that 23 out of 33 sub-industries in the basic chemical sector experienced revenue growth in 2024, with significant increases in chlor-alkali and textile chemicals [6][15]. Summary by Sections Industry Overview - The basic chemical industry is experiencing a decline in profitability, with gross and net profit margins at 16.27% and 5.13%, respectively, both down from 2023 [26]. - The report notes that the industry has been in a continuous decline in profitability from 2022 to 2024, but signs of stabilization are emerging [26]. Sub-Industry Performance - In 2024, chlor-alkali and textile chemicals showed the highest profit growth rates at 262.84% and 125.27%, respectively [15][26]. - Conversely, non-metallic materials and other plastic products faced significant profit declines of 79.24% and 67.49% [15][26]. Quarterly Analysis - For Q4 2024, the basic chemical industry reported revenues of CNY 565.72 billion, a year-on-year increase of 5.15%, but a quarter-on-quarter decline of 0.90% [6][7]. - Net profit for Q4 2024 was CNY 14.16 billion, down 10.73% year-on-year and 51.03% quarter-on-quarter [6][7]. Investment Recommendations - The report suggests focusing on companies in rapidly developing downstream sectors, particularly in new materials, energy security, and policy-driven demand recovery [1][26]. - Recommended companies include China National Petroleum, China National Offshore Oil, and various technology firms in the semiconductor and new energy materials sectors [1][26].

Core Viewpoint - The company is actively developing next-generation zeolite materials to meet Euro 7 and similar standards despite a decline in diesel vehicle sales due to the rise of new energy vehicles, indicating a strategic long-term vision for market positioning [2][4]. Trading Information Summary - As of May 16, 2025, the company's stock closed at 10.82 yuan, down 0.18%, with a turnover rate of 0.89% and a trading volume of 80,600 shares, amounting to a total transaction value of 87.84 million yuan [1]. - On the same day, the net outflow of funds from major investors was 4.83 million yuan, while retail investors showed a net inflow of 5.92 million yuan [2][4]. Company Announcement Summary - The company plans to repurchase shares through centralized bidding, with a total repurchase amount between 100 million yuan and 200 million yuan, and a maximum repurchase price of 16.55 yuan per share, pending approval at the 2024 annual shareholders' meeting [2][4]. - The latest shareholder data shows that China Energy Conservation and Environmental Protection Group Co., Ltd. is the largest shareholder, holding 258,882,259 shares, which is 27.84% of the total share capital [2][4].

Group 1 - The company, China Energy Conservation Wanrun Co., Ltd., plans to repurchase its shares through centralized bidding, with a total fund amounting to no less than RMB 100 million and no more than RMB 200 million, at a maximum price of RMB 16.55 per share [1] - The repurchased shares will be used to reduce the company's registered capital, and the proposal requires approval at the 2024 annual general meeting [1] - The announcement regarding the share repurchase plan was disclosed on April 25, 2025, on the Giant Tide Information Network [1] Group 2 - The company has provided details on the shareholding status of the top ten shareholders and the top ten unrestricted shareholders as of the equity registration date for the 2024 annual general meeting [2][3] - The shareholding numbers include the total holdings from both regular accounts and margin trading accounts [2][3]