Group 1 - The company, Hesheng Co., stated that as of November 10, 2025, the number of shareholders is 24,514 [2]

Core Viewpoint - The company has experienced a continuous decline in the number of shareholders, indicating potential concerns regarding investor confidence and stock performance [1] Shareholder Information - As of November 10, the number of shareholders for the company is 24,514, a decrease of 3,390 from the previous period (October 31), representing a month-over-month decline of 12.15% [1] - This marks the third consecutive period of decline in the number of shareholders [1] Stock Performance - The closing price of the company's stock on the reporting date is 19.91 yuan, reflecting an increase of 1.48%, but a cumulative decline of 2.11% since the concentration of shares began [1] - The stock has experienced four days of increases and four days of decreases during this period [1] Financing and Margin Data - As of November 11, the latest margin trading balance for the stock is 110 million yuan, with the financing balance also at 110 million yuan [1] - Since the concentration of shares began, the financing balance has decreased by 23.25 million yuan, a decline of 17.46% [1] Financial Performance - According to the company's third-quarter report, total operating revenue for the first three quarters is 2.708 billion yuan, representing a year-over-year growth of 19.05% [1] - The net profit for the same period is 100 million yuan, showing a significant year-over-year increase of 80.38% [1] - The basic earnings per share stand at 0.3500 yuan, with a weighted average return on equity of 5.62% [1] Institutional Ratings - In the past month, the stock has received a buy rating from one institutional investor [1] - The highest target price forecast is set at 22.01 yuan by Huatai Securities, as reported on October 31 [1]

Core Points - Guangdong Hesheng Industrial Aluminum Co., Ltd. announced on November 11, 2025, that its fifth board of directors approved a proposal to use raised funds to replace self-raised funds previously invested in projects and paid issuance expenses [1] - The board meeting was held on November 10, 2025, with all nine directors present, and the proposal received unanimous approval [1] - The proposal aims to utilize the actual raised funds from a specific stock issuance to replace self-raised funds used for project investments and issuance expenses [1] Supporting Documents - Rongcheng Accounting Firm issued a verification report on the pre-investment of self-raised funds for the company’s projects and issuance expenses [2] - Guotai Junan Securities Co., Ltd. provided a review opinion on the use of raised funds to replace self-raised funds [2] - Detailed content of the proposal is available in the company's announcement published on the same day in various financial newspapers and websites [2]

Core Viewpoint - The company has approved a proposal to use raised funds to replace pre-invested project funds and paid issuance expenses, indicating a strategic financial maneuver to optimize capital allocation [2] Group 1 - The company held its 17th meeting of the fifth board of directors on November 10, 2025, to discuss financial strategies [2] - The proposal involves using funds raised from a specific stock issuance to replace self-raised funds that were previously invested in projects and to cover issuance costs [2]

国泰海通证券股份有限公司 关于广东和胜工业铝材股份有限公司 使用募集资金置换预先投入募投项目及已支付发行费用的 自筹资金的核查意见 国泰海通证券股份有限公司（以下简称"国泰海通"或"保荐人"）作为广东和 胜工业铝材股份有限公司公司（以下简称"和胜股份"或"公司"）2024 年度 向特定对象发行股票的保荐人，根据《证券发行上市保荐业务管理办法》《上市 公司募集资金监管规则》《深圳证券交易所股票上市规则》《深圳证券交易所上 市公司自律监管指引第 1 号——主板上市公司规范运作》等有关规定，对和胜 股份使用募集资金置换预先投入募投项目及已支付发行费用的自筹资金事项进 行了审慎核查，具体核查情况如下： 一、募集资金基本情况 经中国证券监督管理委员会《关于同意广东和胜工业铝材股份有限公司向特 定对象发行股票注册的批复》（证监许可〔2025〕1046 号）同意注册，公司向 特定对象发行人民币普通股 30,845,157 股，每股面值人民币 1.00 元，每股发行 价格为人民币 16.21 元，募集资金总额为人民币 499,999,994.97 元，扣除各项发 行费用后实际募集资金净额为人民币 493,867,140.24 ...

鉴证报告 广东和胜工业铝材股份有限公司 容诚专字[2025]519Z0053 号 容诚会计师事务所(特殊普通合伙) 中国·北京 目 录 | 序号 | 内 | 容 | 页码 | | --- | --- | --- | --- | | 1 | 以自筹资金预先投入募集资金投资项目及支付发 | | 1-3 | | | 行费用鉴证报告 | | | | 2 | 以自筹资金预先投入募集资金投资项目及支付发 | | 4-5 | | | 行费用专项说明 | | | 容诚会计师事务所（特殊普通合伙） 总所：北京市西城区阜成门外大街 22 号 1 幢 10 层 1001-1 至 1001-26 (100037) TEL:010-6600 1391 FAX:010-6600 1392 E-mail:bj@rsmchina.com.cn https://www.rsm.global/china/ 关于广东和胜工业铝材股份有限公司 及支付发行费用的鉴证报告 容诚专字[2025]519Z0053 号 广东和胜工业铝材股份有限公司全体股东： 我们审核了后附的广东和胜工业铝材股份有限公司（以下简称和胜股份公司） 管理层编制的《关于以自筹资金预 ...

证券代码：002824 证券简称：和胜股份 公告编号：2025-075 广东和胜工业铝材股份有限公司 关于使用募集资金置换预先投入募投项目及 已支付发行费用的自筹资金的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 广东和胜工业铝材股份有限公司（以下简称"公司"）于2025年11月10日召开 第五届董事会第十七次会议审议通过了《关于使用募集资金置换预先投入募投项 目及已支付发行费用的自筹资金的议案》，同意公司根据向特定对象发行股票实 际募集资金情况，使用募集资金置换预先投入募投项目及已支付发行费用的自筹 资金。上述事项在公司董事会的审批权限范围内，无需提交股东会审议。具体情 况如下： 一、募集资金基本情况 经中国证券监督管理委员会（以下简称"中国证监会"）《关于同意广东和胜 工业铝材股份有限公司向特定对象发行股票注册的批复》（证监许可〔2025〕1046 号）同意注册，公司向特定对象发行（以下简称"本次发行"）人民币普通股 30,845,157股，每股面值人民币1.00元，每股发行价格为人民币16.21元，募集资 金总额为人民币499,999,994.9 ...

广东和胜工业铝材股份有限公司 证券代码：002824 证券简称：和胜股份 公告编号：2025-074 容诚会计师事务所（特殊普通合伙）出具了《关于广东和胜工业铝材股份有 限公司以自筹资金预先投入募集资金投资项目及支付发行费用的鉴证报告》（容 诚专字[2025]519Z0053 号）。 保荐人国泰海通股份有限公司出具了《关于广东和胜工业铝材股份有限公司 使用募集资金置换预先投入募投项目及已支付发行费用的自筹资金的核查意见》。 表决结果：赞成 9 票，反对 0 票，弃权 0 票。 具体内容详见同日刊登在公司选定信息披露媒体《证券时报》《中国证券报》 及巨潮资讯网的《关于使用募集资金置换预先投入募投项目及已支付发行费用的 自筹资金的公告》（公告编号：2025-075）。 第五届董事会第十七次会议决议公告 本公司及董事会全体成员保证本公告的内容真实、准确、完整、没有虚假 记载、误导性陈述或重大遗漏。 一、董事会召开情况 广东和胜工业铝材股份有限公司（以下简称"公司"）第五届董事会第十七 次会议于 2025 年 11 月 3 日以书面、电话、电子邮件等形式发出通知，并于 11 月 10 日在公司会议室以现场方式召开。本 ...

Core Viewpoint - The rapid growth of the new energy vehicle (NEV) market is driving the demand for aluminum alloy components in the automotive industry, leading to significant market expansion in China's aluminum alloy automotive parts sector, projected to reach 697.84 billion yuan in 2024, a year-on-year increase of 22.46% [1][8]. Market Overview - Aluminum alloy automotive parts are defined as components made from aluminum-based alloys, which are processed through various methods to achieve lightweight, high strength, corrosion resistance, and recyclability, contributing to vehicle weight reduction and energy efficiency [2]. - The application of aluminum alloy parts spans the entire vehicle, categorized into powertrain, chassis, body, electronic systems, and decorative components [2]. Market Policies - The Chinese government has implemented various policies to support the development of the automotive parts industry, including initiatives aimed at enhancing manufacturing reliability and promoting high-quality development in the NEV sector [2]. Industry Chain - The aluminum alloy automotive parts industry consists of upstream suppliers of aluminum materials and production equipment, midstream manufacturers of aluminum parts, and downstream automotive manufacturers and aftermarket services [4]. Market Growth - China's automotive market has seen substantial growth, with production and sales reaching 21.05 million and 21.12 million vehicles respectively from January to August 2025, marking a year-on-year increase of 12.7% and 12.6% [6]. Competitive Landscape - The aluminum alloy automotive parts market in China is characterized by a large number of companies, leading to a fragmented market structure. Key players include He Sheng Co., Ltd., Xusheng Group, and Wan Feng Ao Wei, among others [9][10]. - In 2024, Lichung Group led the industry with a revenue of 27.25 billion yuan, followed by Top Group and Minshi Group with revenues of 26.6 billion yuan and 23.15 billion yuan respectively [10]. Company Analysis - Lichung Group specializes in lightweight aluminum alloy products and has a complete industrial chain, with 54.5% of its revenue coming from casting aluminum alloys [11]. - Wan Feng Ao Wei focuses on lightweight metal components, achieving 80.81% of its revenue from automotive lightweight parts, totaling 6.056 billion yuan in the first half of 2025 [11]. Development Trends - The industry is expected to adopt smart factory and digital twin technologies, enhancing production efficiency and quality control. The use of recycled aluminum is anticipated to rise, aligning with sustainability goals and reducing production costs [12].

Core Insights - The company, Hesheng Co., stated on November 5 that as of October 31, 2025, the number of shareholders is 27,904 [2] Summary by Category - **Company Information** - Hesheng Co. has reported a total of 27,904 shareholders as of the specified date [2]