Market Overview - The Shanghai Composite Index is at 3597.48 points, above the annual line, with a change of 0.40% [1] - The total trading volume of A-shares is 7540.27 billion [1] Stocks Breaking Annual Line - 34 A-shares have surpassed the annual line today, with notable stocks including: - Yinhe Electronics with a deviation rate of 5.65% - Xinquan Co. with a deviation rate of 3.26% - Datang Telecom with a deviation rate of 2.01% [1] Top Stocks by Deviation Rate - The following stocks have the highest deviation rates from the annual line: - Yinhe Electronics: Today's change of 9.86%, turnover rate of 13.88%, annual line at 5.27, latest price at 5.57 [1] - Xinquan Co.: Today's change of 10.00%, turnover rate of 2.52%, annual line at 44.74, latest price at 46.20 [1] - Datang Telecom: Today's change of 2.83%, turnover rate of 1.62%, annual line at 8.56, latest price at 8.73 [1] Additional Stocks with Minor Deviations - Other stocks that have just crossed the annual line include: - Huada Technology with a deviation rate of 0.66% - Hekang Vision with a deviation rate of 0.91% [1]

气相法中有些路线也会使用硫化氢等气体，其危险性也较高，大规模应用也会存在较高安全隐患。未来技术会趋同，但是趋同的方向是适合大规模生产的技 术和具备低成本的技术会成为主流。 恩捷股份碳热还原工艺可以实现99.9%纯度的硫化锂，但是目前也在推99.5%纯度硫化锂，并且给下游客户送样和自测反馈，99.5%纯度硫化锂也能满足电解 质制备需求。 恩捷股份介绍，公司对纯度的态度是，首先硫化锂的判断标准一定是要在电解质、电池中的应用表现为主，并不一定要追求越高越好。作为未来的大宗原 料，并不一定要求其纯度非常高。碳源选择非常多，有机碳、生物质碳等都有各自特点，最终还是要去烧结验证效果。 近日，恩捷股份在接受机构调研时就硫化锂的生产工艺介绍称，公司目前使用的是固相法中的碳热还原法，其余还有锂硫化合的固相法、液相法工艺和气相 法工艺。碳热还原法在原料和工艺上均具有较高安全性，并且工艺能够适应批量化生产。 恩捷股份特别指出，锂硫化合危险性高，虽然现在小试阶段有使用的，但是其并不适合未来大规模生产。 ...

Group 1: Product Characteristics - The company's sulfide solid electrolyte membrane is not a skeleton membrane and does not require a skeleton support, consisting only of electrolyte and adhesive, achieving a tensile strength of 1.2 MPa [2] - The electrolyte powder types have varying ionic conductivities, with the highest reaching 16 mS/cm and the smallest particle size of 0.3 μm achieving 6 mS/cm, which is considered leading in the domestic market [5] Group 2: Production Processes - The electrolyte membrane production process includes dissolving the adhesive in a solvent, mixing it with electrolyte powder, and coating it onto a substrate to form a roll [3] - The core process for producing electrolyte powder involves solid-phase sintering, with key steps including mixing, sintering, and fine grinding [4] - The company employs a carbon thermal reduction method for lithium sulfide production, which is safe and suitable for large-scale production [6][7] Group 3: Quality and Application - The company can achieve lithium sulfide purity of 99.9% using carbon thermal reduction, while also providing samples of 99.5% purity, which meets electrolyte preparation needs [7] - Different ionic conductivities and particle sizes of the electrolyte powders do not correlate with production yield, as their performance is determined by the inherent properties of the components [5]

Group 1 - On August 2, 100 companies announced a total of 102 stock repurchase updates [1] - Two companies disclosed stock repurchase plans for the first time, with Nova Star Cloud planning to repurchase up to 150 million yuan and Baiyun Electric planning to repurchase up to 20 million yuan [2] - Among the companies with the highest repurchase amounts, Muyuan Foods repurchased 2.16 billion yuan, Hikvision repurchased 1.859 billion yuan, and Zhongwei Co. repurchased 797 million yuan [2] Group 2 - The companies that have completed their repurchases include Nengte Technology, which repurchased 500 million yuan, Saiyi Information with 5.0047 million yuan, and Enjie Co. with 4.2023 million yuan [2]

证券代码：002812 股票简称：恩捷股份 公告编号：2025-121 债券代码：128095 债券简称：恩捷转债 云南恩捷新材料股份有限公司 本公司及全体董事保证本公告内容真实、准确和完整，没有虚假记载、 误导性陈述或者重大遗漏。 特别提示： 股票期权与限制性股票激励计划 624 名激励对象持有的 330,036 股已获授但尚未 解除限售的限制性股票，占回购注销前公司总股本的 0.03%。限制性股票回购价 格为 62.2544 元/股加上银行同期存款利息之和；本次回购注销 2024 年限制性股 票激励计划 131 名激励对象持有的 1,030,346 股已获授但尚未解除限售的限制性 股票，占回购注销前公司总股本的 0.11%。限制性股票回购价格为 23.0474 元/股 加上银行同期存款利息之和。 司办理完成上述部分限制性股票的回购注销手续。 一、限制性股票已履行的相关审批程序和信息披露程序 （一）2022 年股票期权与限制性股票激励计划 于公司<2022 年股票期权与限制性股票激励计划（草案）>及其摘要的议案》《关 于制定公司<2022 年股票期权与限制性股票激励计划实施考核管理办法>的议案》 《关于提请 ...

Core Viewpoint - The company announced the repurchase and cancellation of certain restricted stocks from its 2022 and 2024 incentive plans, which will not affect the conversion price of its convertible bonds, remaining at 32.01 yuan per share [1][9]. Group 1: Convertible Bond Issuance and Price Adjustment - The company issued 16 million convertible bonds (referred to as "Enjie Convertible Bonds") on February 28, 2020, with an initial conversion price of 64.61 yuan per share [2]. - The conversion price is subject to adjustments based on various corporate actions such as stock dividends, capital increases, and cash dividends, following specific formulas outlined in the bond issuance documentation [1][2]. - Previous adjustments to the conversion price have occurred, with the most recent adjustment on September 21, 2023, reducing the price from 66.46 yuan to 66.26 yuan per share [7]. Group 2: Stock Repurchase and Impact on Conversion Price - The company has conducted stock repurchases due to unmet performance targets in its incentive plans, resulting in the cancellation of a total of 330,036 shares from the 2022 plan and 580,946 shares from the 2024 plan [9]. - Despite these cancellations, the overall impact on the total share capital is minimal, leading to no change in the conversion price of the "Enjie Convertible Bonds," which remains at 32.01 yuan per share after the repurchase [1][9]. - The calculations for the conversion price adjustment were based on the repurchase prices and the proportion of shares canceled relative to the total share capital [9].

债券代码：128095 债券简称：恩捷转债 证券代码：002812 股票简称：恩捷股份 公告编号：2025-121 云南恩捷新材料股份有限公司 关于部分限制性股票回购注销完成的公告 本公司及全体董事保证本公告内容真实、准确和完整，没有虚假记载、 误导性陈述或者重大遗漏。 特别提示： 1、云南恩捷新材料股份有限公司（以下简称"公司"）本次回购注销 2022 年 股票期权与限制性股票激励计划 624 名激励对象持有的 330,036 股已获授但尚未 解除限售的限制性股票，占回购注销前公司总股本的 0.03%。限制性股票回购价 格为 62.2544 元/股加上银行同期存款利息之和；本次回购注销 2024 年限制性股 票激励计划 131 名激励对象持有的 1,030,346 股已获授但尚未解除限售的限制性 股票，占回购注销前公司总股本的 0.11%。限制性股票回购价格为 23.0474 元/股 加上银行同期存款利息之和。 2、截至本公告披露日，公司已在中国证券登记结算有限责任公司深圳分公 司办理完成上述部分限制性股票的回购注销手续。 一、限制性股票已履行的相关审批程序和信息披露程序 （一）2022 年股票期权与限制性 ...

证券代码：002812 股票简称：恩捷股份 公告编号：2025-122 债券代码：128095 债券简称：恩捷转债 云南恩捷新材料股份有限公司 关于本次部分限制性股票回购注销不调整可转换公司债券转股价格的公告 本公司及全体董事保证本公告内容真实、准确和完整，没有虚假记 载、误导性陈述或者重大遗漏。 特别提示： 因云南恩捷新材料股份有限公司（以下简称"公司"）本次回购注销《2022年 股票期权与限制性股票激励计划》及《2024年限制性股票激励计划》部分限制性 股票数量占公司总股本比例较小，经计算，本次部分限制性股票回购注销完成后， "恩捷转债"转股价格不变，仍为32.01元/股 一、关于可转换公司债券转股价格调整的相关规定 公司公开发行了1,600万张可转换公司债券（债券简称：恩捷转债，债券代 码：128095）并于2020年2月28日上市。根据《云南恩捷新材料股份有限公司公 开发行可转换公司债券募集说明书》（以下简称"《募集说明书》"）及中国 证券监督管理委员会（以下简称"中国证监会"）关于可转换公司债券发行的有 关规定，在本次可转换公司债券发行之后，当公司因派送股票股利、转增股 本、增发新股（不包括因本次可 ...

Core Viewpoint - The company has completed the repurchase and cancellation of restricted stocks and stock options under its incentive plans, affecting a total of 1.36 million shares, which represents 0.14% of the company's total share capital before the repurchase [1] Summary by Relevant Sections - **Repurchase Details** - The company has repurchased and canceled 330,000 restricted stocks from 624 incentive plan participants, which accounts for 0.03% of the total share capital before the repurchase [1] - Additionally, 1,030,300 restricted stocks from 131 participants under the 2024 incentive plan were also repurchased and canceled, representing 0.11% of the total share capital before the repurchase [1] - **Financial Impact** - The total amount spent on the repurchase and cancellation was RMB 44.517 million, which has been fully paid to the relevant incentive participants [1]

Group 1 - The core viewpoint of the reports indicates that the fund is focusing on high-end manufacturing and new productivity sectors, particularly in areas such as power equipment, new energy, computers, electronics, machinery, military industry, and "Internet + AI" [1][2] - As of June 30, the fund's stock position reached 93.27%, with a slight increase from the previous quarter, and Hong Kong stocks accounted for 29.13% of the portfolio [1] - The top ten holdings of the fund are highly concentrated, with the largest positions being Keda Li (9.26%), CATL (9.24%), Tencent Holdings (9.18%), Meituan-W (6.82%), and others, collectively representing 67.64% of the net asset value [1] Group 2 - Positive signals have emerged in certain sectors, particularly in new energy and military industries, indicating signs of recovery [2] - The fund will continue to optimize its portfolio structure, focusing on leading internet companies in the AI sector, as well as computers, electronics, machinery, and high-end manufacturing areas that may experience a turnaround [2]