Group 1 - Sannuo Group expects a net loss of 100 million to 120 million yuan for the first half of 2025, a significant decline from a profit of 7.4 million yuan in the same period last year [1] - The company anticipates a net loss of 77 million to 95 million yuan after excluding non-recurring gains and losses [1] - Basic earnings per share are projected to be a loss of 0.2148 to 0.2578 yuan per share [1] Group 2 - Landai Technology is planning to transfer 18% of its shares, which may lead to a change in control [2] - The stock of Landai Technology has been suspended from trading since July 8, 2025, with an expected suspension period of no more than two trading days [2] Group 3 - Xinxin Co. announced that a senior executive plans to reduce their holdings by up to 750,000 shares, representing no more than 0.2971% of the total share capital [3] - The reason for the reduction is personal financial needs [3] Group 4 - Biyimi plans to reduce its shares by a total of up to 3% by two shareholders, with one shareholder planning to reduce up to 139.68 million shares (2.00%) and the other up to 69.84 million shares (1.00%) [4] - The reason for the reduction is also personal financial needs [4] Group 5 - Changxin Bochuang announced that shareholders plan to reduce their holdings by up to 2.95%, totaling 8.6 million shares [6] - The reason for the reduction is personal financial needs [6] Group 6 - Tianci Materials plans to publicly issue H-shares and apply for listing on the Hong Kong Stock Exchange [9] Group 7 - Sanxiang Impression announced the termination of a previous equity transfer agreement, following a request from its controlling shareholder [10] Group 8 - Zhongke Technology has decided to terminate its plan to issue shares for asset acquisition and related fundraising due to changes in market conditions [12] Group 9 - Hangcha Group's subsidiary plans to acquire 99.23% of Guozu Robot's shares through capital increase [14] Group 10 - Xishan Technology plans to increase its holdings in the company by no less than 5 million and no more than 10 million yuan [19] Group 11 - New Hope reported sales of 1.33 million pigs in June, a year-on-year increase of 3.38% [21] - The sales revenue was 1.871 billion yuan, a year-on-year decrease of 19.14% [21] Group 12 - Auhua Endoscope announced that two shareholders plan to reduce their holdings by up to 1.92% [18] Group 13 - Star Source Material has submitted an application for H-share issuance and listing [18] Group 14 - Yilian Technology plans to invest 20 million yuan to establish a partnership with professional institutions [30]

Core Viewpoint - The company Tianqi Materials plans to issue H-shares and list on the Hong Kong Stock Exchange to enhance its global strategy and competitiveness in the international market [1][2]. Group 1: H-Share Issuance - The company held board and supervisory meetings on July 4, 2025, to approve the proposal for issuing H-shares and listing on the Hong Kong Stock Exchange [1]. - The issuance aims to support the company's global strategy, meet the needs of overseas business development, and improve operational efficiency [1][2]. - The issuance requires approval from the shareholders' meeting and relevant regulatory bodies, including the China Securities Regulatory Commission and the Hong Kong Stock Exchange [2]. Group 2: Financial Performance - In 2024, the company reported a revenue of 12.52 billion yuan, a decrease of 18.74% compared to 2023 [3]. - The net profit attributable to shareholders was 483.93 million yuan, down 74.40% year-on-year [3]. - The net profit after deducting non-recurring gains and losses was 381.60 million yuan, reflecting a decline of 79.08% [3]. - The net cash flow from operating activities was 881.54 million yuan, a decrease of 61.24% compared to the previous year [3]. Group 3: Historical Financial Data - In 2023, the company achieved a revenue of 15.40 billion yuan, down 30.97% from 2022 [4]. - The net profit attributable to shareholders in 2023 was 1.89 billion yuan, a decline of 66.92% year-on-year [4]. - The net profit after deducting non-recurring gains and losses for 2023 was 1.82 billion yuan, down 67.08% compared to 2022 [4]. - The net cash flow from operating activities in 2023 was 2.27 billion yuan, a decrease of 45.38% from 2022 [4].

Core Viewpoint - The global electric vehicle supply chain remains highly prosperous in the first half of 2025, with China's dominance in the market further strengthened [2]. Group 1: Production and Growth - In the first half of 2025, domestic electrolyte production in China reached 912,000 tons, a year-on-year increase of 49.74%, while global production reached 980,000 tons, up 43.12% year-on-year [3]. - Despite a slowdown compared to the over 80% growth rates of 2022-2023, the nearly 50% year-on-year growth in China and over 40% globally in 2025H1 indicates strong market momentum even at high base levels [5]. Group 2: Market Competition Landscape - The domestic electrolyte market concentration continues to rise, with leading companies showing significant advantages. Tianqi Materials holds over 30% market share, followed by BYD and New Zobang [8]. - The top three companies (Tianqi, BYD, New Zobang) together control 61.73% of the market, firmly establishing their dominance [9]. - The competition among second-tier manufacturers is intense, with companies like Xianghe Kunlun, Shida Shenghua, and Zhuhai Saiwei each holding market shares in the 4%-5% range [9]. - The share of "other" manufacturers is only 4.65%, indicating a narrowing space for smaller players and an increasing Matthew effect in the industry [10]. Group 3: Future Outlook - The electrolyte market in the first half of 2025 continues to show high growth, with Chinese companies maintaining a core position in the global supply chain. The market structure exhibits a "tripod" pattern dominated by Tianqi, BYD, and New Zobang, while second-tier companies face fierce competition [13]. - As the global electrification process deepens, technological iterations and cost control will be key for companies to maintain and enhance competitiveness, with industry concentration expected to tilt further towards leading firms [13].

Group 1 - The People's Bank of China has increased its gold reserves for eight consecutive months, with the latest figures showing a rise of 70,000 ounces to a total of 73.9 million ounces as of the end of June [2] - By the end of 2027, China aims to have over 100,000 high-power charging facilities nationwide, focusing on local economic development and the promotion of new energy vehicles [2] - The Shanghai Stock Exchange and the China Securities Index Company will launch several specialized indices on July 21, including the Shanghai Stock Exchange Specialized New Index and the China Securities Specialized New 100 Index [3] Group 2 - A new mandatory national standard for passenger car braking systems will take effect on January 1, 2026, introducing requirements for electric transmission braking systems and emergency braking signals [3] - An international standard for testing scenarios of autonomous vehicle systems has been officially released, detailing evaluation processes and testing methods [4] - The U.S. President has signed an executive order extending the delay for "reciprocal tariffs" until August 1, affecting imports from 14 countries with varying tariff rates [8][5] Group 3 - The U.S. stock market saw declines across major indices, with the Dow Jones down 0.94%, the Nasdaq down 0.92%, and the S&P 500 down 0.79%, impacting stocks of Japanese and Korean companies listed in the U.S. [5] - Companies such as Nissan and Toyota experienced significant stock drops, with Nissan down over 7% and Toyota down nearly 4% [5] - The market sentiment is shifting towards a balanced approach, with a focus on large-cap stocks and potential inflows of incremental capital in July [8][9]

Core Viewpoint - The company plans to issue H shares and list them on the Hong Kong Stock Exchange to enhance its global strategy, improve capital structure, and expand financing channels [1][2][3] Group 1: Issuance and Listing Details - The company intends to issue H shares and apply for listing on the main board of the Hong Kong Stock Exchange [1][3] - The issuance will comply with relevant laws and regulations in both China and Hong Kong [2][3] - The proposed H shares will have a par value of RMB 1.00 and will be offered in foreign currency [3][4] Group 2: Approval and Voting - The proposal received unanimous approval from the supervisory board, with all three votes in favor [2][3][4] - The issuance plan requires further approval from the company's shareholders [2][9] Group 3: Fund Utilization - Proceeds from the issuance will be used for business development, including international expansion, overseas project construction, and R&D [10] - The company will have the flexibility to adjust the use of funds based on regulatory feedback and operational needs [10] Group 4: Shareholder Interests - The company aims to balance the interests of existing shareholders and future H share investors by sharing undistributed profits post-issuance [11] - The decision on the distribution of retained earnings will be made if the issuance is not completed within the specified timeframe [11] Group 5: Duration and Audit - The validity period for the issuance resolution is set for 24 months from the date of shareholder approval [14] - The company has appointed an auditing firm to provide necessary reports for the issuance process [15]

Meeting Announcement - The company will hold its second extraordinary general meeting of shareholders on July 23, 2025, at 14:30 [1] - The meeting will be conducted both in-person and via online voting through the Shenzhen Stock Exchange [2] Voting Procedures - Shareholders can vote through the Shenzhen Stock Exchange trading system or the internet voting system during specified times on July 23, 2025 [2][9] - Only one voting method (in-person or online) can be selected for the same share [2] Eligibility to Attend - All ordinary shareholders registered by the close of trading on July 17, 2025, are eligible to attend the meeting [2] - Shareholders can appoint proxies to attend and vote on their behalf [2] Agenda Items - Key proposals include the issuance of H shares and listing on the Hong Kong Stock Exchange, along with related governance and insurance matters [3][4][6][12] - Proposals require different thresholds for approval: ordinary resolutions need over 50% support, while special resolutions require over 66.67% [6] Registration Process - Specific registration procedures are outlined for both corporate and individual shareholders, including required documentation [7] - Shareholders must confirm their registration within the designated timeframe [7] Contact Information - The company provides contact details for inquiries related to the meeting [8]

Core Viewpoint - Guangzhou Tinci Materials Technology Co., Ltd. is revising its articles of association and related rules in preparation for the issuance and listing of H shares on the Hong Kong Stock Exchange, ensuring compliance with relevant regulations [1]. Summary by Sections Revision Explanation - The company plans to issue overseas listed foreign shares (H shares) and will amend its articles of association and related rules to align with this move [1]. - The revised articles will take effect upon the listing of H shares on the Hong Kong Stock Exchange [1]. Comparison of Articles of Association - The revised articles will maintain the protection of shareholders' and creditors' legal rights while ensuring compliance with the Company Law and Securities Law of the People's Republic of China, as well as the Hong Kong Listing Rules [1]. - The total number of shares post-H share issuance will be specified, including the number of A shares and H shares [4]. Capital Management - The company can increase or decrease its registered capital through shareholder resolutions, and the board of directors is authorized to handle the necessary registration changes [2][5]. - The company is prohibited from providing financial assistance for the purchase of its shares, except under specific conditions approved by the board [4][5]. Shareholder Rights and Obligations - Shareholders have rights to dividends, participation in meetings, and the ability to supervise company operations [15][16]. - Shareholders must comply with laws and the company's articles of association, including obligations related to capital contributions and not abusing shareholder rights [38]. Governance and Control - The company’s controlling shareholders and actual controllers are prohibited from harming the company's interests through related party transactions [40]. - The board of directors must ensure the independence of the company's financial activities and prevent any interference from controlling shareholders [19][20].

天赐材料（002709） （二）为达致可持续及均衡的发展，本公司视董事会层面日益多元化为支持其 达到战略目标及维持可持续发展的关键元素。董事会所有委任均以用人唯才为原则， 并在考虑人选时以适当的条件充分顾及董事会成员多元化的裨益； （三）本公司致力于选择最佳人选作为董事会成员。公司董事会提名委员会主 要负责物色具备合适资格可担任董事的人士，并将在甄选过程中按一系列多元化范 畴为基准，除教育背景、专业经验、技能、知识及服务任期外，亦包括但不限于性 别、年龄、文化背景及种族。最终将按人选的长处及可为董事会提供的贡献而作决 定。董事会组成（包括性别、年龄、服务任期）将每年在企业管治报告内披露。 （四）公司致力于招聘中高级别员工时确保性别多元化，以令适时将有女性高 级管理层及潜在继任者加入董事会，以确保董事会性别多元化。公司力求董事会中 保持至少 10%的女性代表比例。公司将继续重视培训女性人才，为女性员工提供长 远发展机会。 （五）公司致力于在甄选独立非执行董事人选时确保该人选能够使董事会获得 独立的意见。提名委员会及董事会应当在评估人选时，亦考虑以下因素： 立非执行董事的职责、人选的背景及资历，从而评估该人选是否 ...

Core Viewpoint - The company is revising and establishing internal governance systems in preparation for its upcoming H-share issuance and listing on the Hong Kong Stock Exchange [1][2]. Group 1: Reasons for Revision - The revisions and new governance systems are necessary due to the company's plan to issue overseas listed foreign shares (H shares) [1]. Group 2: Details of Revised and Established Systems - The following internal governance systems are being revised or established: - Related party transaction management system (draft) - External guarantee management system (draft) - Investment decision management system (draft) - Fundraising management system (draft) - Independent director meeting rules (draft) - Board remuneration and assessment committee working details (draft) - Audit committee working details (draft) - Nomination committee working details (draft) - Strategic and sustainable development committee working details (draft) - Information disclosure management system (draft) - Insider information management system (draft) - Confidentiality and archival management system related to overseas securities issuance and listing - Board member diversity policy (draft) [1][2]. Group 3: Implementation Timeline - The revised governance systems will take effect from the date of the H-share issuance and listing on the Hong Kong Stock Exchange, while the current governance systems will remain in effect until further revisions [2].

General Provisions - The company aims to protect the legal rights of shareholders and creditors, and to regulate its organization and behavior according to relevant laws and regulations [2][3] - The company is established as a joint-stock limited company in accordance with the Company Law of the People's Republic of China [2][3] - The company was approved by the China Securities Regulatory Commission for its initial public offering of 30.105 million shares on January 2, 2014, with 21.6132 million new shares and 8.4918 million shares transferred from existing shareholders [4][5] Company Structure and Capital - The registered name of the company is Guangzhou Tinci Materials Technology Co., Ltd, with a registered capital of an unspecified amount [3][4] - The company is a permanent joint-stock limited company, and its assets are divided into equal shares, with shareholders bearing liability limited to their subscribed shares [4][5] - The company can issue both ordinary and preferred shares, with each share having a par value of RMB 1 [6][7] Business Objectives and Scope - The company's business objective is to focus on the research and production of high-tech material technology products, aiming to create maximum economic benefits for all shareholders [5][6] - The main business activities include the processing of non-edible vegetable oils, manufacturing of basic chemical raw materials, dyes, synthetic materials, and various chemical products [5][6] Shareholder Rights and Responsibilities - Shareholders have rights to dividends, participate in shareholder meetings, supervise company operations, and transfer their shares [13][14] - Shareholders are obligated to comply with laws and regulations, pay for their subscribed shares, and not abuse their rights to harm the company or other shareholders [16][17] Shareholder Meetings - The company holds annual and temporary shareholder meetings, with the annual meeting required to be held within six months after the end of the previous fiscal year [24][25] - Shareholder meetings can be conducted both in-person and online, providing convenience for participation [25][26] - Proposals for shareholder meetings must be within the scope of the meeting's authority and must be clearly defined [29][30] Financial and Operational Governance - The company must obtain shareholder approval for significant financial decisions, including external guarantees and major asset purchases exceeding 30% of the latest audited total assets [23][24] - The company is required to maintain financial independence from its controlling shareholders and must not engage in transactions that could harm the interests of the company or its shareholders [41][42]