Group 1 - Wan Shun New Materials is the top-ranked company with a strong brand value, operating its own factory for automotive films and having advanced production capabilities in multiple locations [1] - Nar Holdings, ranked second, specializes in automotive paint protection films and has developed proprietary coating technologies, ensuring high durability and resistance to environmental factors [2] - Double Star New Materials, ranked third, focuses on innovative new materials and has established a competitive position in the invisible car film market through its R&D and production capabilities [4] Group 2 - Tongli Technology, ranked fourth, has a significant market share in the window film sector and is expanding its presence in the invisible car film market by optimizing production processes [6] - Jinghua New Materials, ranked fifth, offers a range of functional film materials and is gradually increasing its market presence in the invisible car film segment through quality improvements [7] - Yongguan New Materials, ranked sixth, leverages its technical advantages in material production to create high-quality invisible car films and is working on market expansion [9] Group 3 - Tongyi Aerospace, ranked seventh, focuses on specific material R&D and has developed products for the invisible car film market, gaining a customer base through quality enhancements [11] - Hehe New Materials, ranked eighth, emphasizes strict quality control and technological innovation in the invisible car film industry, gradually building brand recognition [13] - Yiche, previously listed on NYSE, utilizes its automotive industry resources to provide reliable paint protection solutions, leveraging its platform influence for market expansion [15] Group 4 - Kangde Xin, a former leading brand in the film materials sector, is working to regain its market share and brand reputation in the invisible car film market after facing operational challenges [17]

5月30日，纳尔股份连续4个交易日下跌，区间累计跌幅-5.74%。上海纳尔实业股份有限公司(股票代码:002825)作为国内领先的精密涂布材料供应商,成立于 2002年底,凭借科学的治理结构、高效的供应链管理、不断的创新追求,为全球90多个国家及地区的客户提供品质稳定的产品和优质可靠的服务。 来源：金融界 财报显示，招商基金旗下招商量化精选股票A为纳尔股份前十大股东，今年一季度减持。今年以来收益率7.26%，同类排名232(总987)。 | 阶段涨幅 | 李度涨幅 年度涨幅 | | | | | | --- | --- | --- | --- | --- | --- | | | 近1周 | 近1月 | 近3月 | 近6月 | 今年来 | | 阶段涨幅 | 0.35% | 3.40% | -0.68% | 7.11% | 7.26 | | 同类平均3 | -0.15% | 1.25% | -0.65% | 2.32% | 3.53 | | 沪深300 | -1.08% | 1.85% | -1.28% | -1.95% | -2.41 | | 同类排名 3 | 307 1017 | 230 1013 | 502 ...

Core Viewpoint - The announcement of major shareholders and executives of Nar Holdings planning to reduce their stakes has led to a significant drop in the company's stock price, reflecting ongoing volatility in its performance and investor sentiment [1][3][11]. Shareholder Reduction - Two major shareholders, Wang Shuming and Yang Jiantang, plan to reduce their holdings by a combined total of up to 5.66% of the company's shares, with Wang intending to sell up to 10 million shares (2.97% of total shares) and Yang up to 9 million shares (2.67% of total shares) [3][6]. - Vice General Manager Shen Weifeng also plans to reduce his stake by up to 73,000 shares (0.02% of total shares) [3][6]. Financial Performance - Nar Holdings has experienced significant fluctuations in its financial performance, with 2021 revenues of 1.76 billion yuan, a 40.28% increase, but a net profit decline of 35.64% to 61.67 million yuan [7][9]. - In 2023, the company reported revenues of 1.49 billion yuan, an 8.09% decrease, and a net profit of 100.19 million yuan, down 71.54% from the previous year [8][9]. - The company showed signs of recovery in 2024, with projected revenues of 1.9 billion yuan, a 27.73% increase, and a net profit of 126 million yuan, up 26.09% [9][10]. Business Transition Challenges - Nar Holdings has been attempting to diversify into the hydrogen energy sector since 2021, establishing a subsidiary focused on fuel cell membrane electrode production [10]. - However, progress in the hydrogen energy project has been slow, with the company indicating that it is still in the research and trial production stages as of September 2024 [10][11]. Governance Issues - The company has faced internal governance issues, including a warning from the Shanghai Securities Regulatory Bureau regarding short-term trading by a former supervisor, which has raised concerns about its management practices [6][11].

证券代码：002825 证券简称：纳尔股份 公告编号：2025-031 上海纳尔实业股份有限公司 关于部分持股 5%以上股东及董监高股份减持计划的预披露公告 持股 5%以上的股东王树明先生、杨建堂先生、高管沈卫峰保证向本公司提 供的信息内容真实、准确和完整，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： 持有公司股份 27,404,138 股（占公司总股本比例 8.13%）的股东王树明先生 计划在本公告披露起 15 个交易日后的 3 个月内（即 2025 年 6 月 13 日至 2025 年 9 月 12 日）通过集中竞价、大宗交易方式减持本公司股份不超过 10,000,000 股（占公司总股本的比例为 2.97%），其中：通过集中竞价方式减持公司股份不 超过 3,368,000 股（占公司总股本的比例为 1.00%）； 持有公司股份 25,475,632 股（占公司总股本比例 7.56%）的股东杨建堂先生 计划在本公告披露起 15 个交易日后的 3 个月内（即 2025 年 6 月 13 日至 2025 年 9 月 12 日）通过集中竞 ...

Company Overview - The main business areas of the company include digital printing materials (68% of revenue), automotive functional films (25%), and electronic and optical films (5%) [2] - The company's strategy focuses on "new materials and new energy" as dual drivers for growth [2] Market Strategies - The digital printing materials market is expanding with over 200 regional brand agents in China and exports to over 90 countries [3] - In the automotive functional film sector, the company has formed strategic partnerships to drive innovation and quality control [3][5] Financial Performance - The automotive functional film business is projected to grow by 50.62% in 2024, driven by increasing demand and the rise of high-value vehicles [5] - The company aims to maintain stable revenue and profit growth through deepening its core businesses [6] Product Development - The automotive protective film product line includes paint protection films, window films, and color change films, with a focus on quality and innovation [4][5] - The high-end paint protection film brand, NAR PPF, utilizes advanced self-healing technology and has a strong quality assurance process [5] Future Growth Opportunities - The company plans to explore partnerships in new materials, new energy, and semiconductor core materials to enhance its growth prospects [6]

具体来看，今日上榜的营业部中，共有2家机构专用席位现身，即卖二、卖三，合计买入金额286.77万 元，卖出金额1832.23万元，合计净卖出1545.46万元。 资金流向方面，今日该股主力资金净流出2291.64万元，其中，特大单净流出1637.72万元，大单资金净 流出653.92万元。近5日主力资金净流入7693.00万元。（数据宝） 纳尔股份5月15日交易公开信息 纳尔股份今日跌停，全天换手率15.31%，成交额4.61亿元，振幅8.27%。龙虎榜数据显示，机构净卖出 1545.46万元，营业部席位合计净买入315.29万元。 深交所公开信息显示，当日该股因日跌幅偏离值达-8.62%上榜，机构专用席位净卖出1545.46万元。 证券时报·数据宝统计显示，上榜的前五大买卖营业部合计成交9932.63万元，其中，买入成交额为 4351.23万元，卖出成交额为5581.40万元，合计净卖出1230.17万元。 卖五 东方财富证券股份有限公司拉萨团结路第一证券营业 部 （文章来源：证券时报网） 571.04 488.79 | 买/ 卖 | 会员营业部名称 | 买入金额（万元） | 卖出金额（万元） | | -- ...

Company Overview - The main business areas of the company include digital printing materials (68% of revenue), automotive functional films (25%), and electronic and optical films (5%) [2] - The company's strategy focuses on a dual drive of "new materials" and "new energy" [2] Product Development and Market Strategy - The company aims to expand market share and strengthen the supply chain in the digital printing materials sector [2] - In the automotive film sector, the strategy includes increasing R&D investment and expanding manufacturing capacity [2] - The company has developed various automotive protection films, including paint protection films and window films, capitalizing on the growing demand in the automotive market [3] Automotive Film Market Insights - The automotive protection film market is experiencing significant growth due to trends like import substitution and consumer upgrades, particularly in the context of the booming new energy vehicle market [3] - The company’s automotive functional film revenue is projected to grow by 50.62% in 2024, driven by increased demand and strategic partnerships [3][4] Competitive Advantages - The company has a strong focus on technology R&D, with a team of specialized personnel and a commitment to product quality [4] - It has established a significant presence in international markets, with a high proportion of overseas revenue [4] - The company has a well-developed supply chain, producing key raw materials in-house to enhance product quality and reduce costs [4] Future Growth Prospects - The company plans to maintain its strategic focus on core businesses while exploring opportunities in new materials, new energy, and semiconductor core components [5] - The production capacity at the Jiangxi Fengcheng base is gradually increasing, with the first phase nearing full production [6]

法律意见书 北京市中伦（上海）律师事务所 关于上海纳尔实业股份有限公司 2024 年年度股东大会的 二〇二五年五月 北京市中伦（上海）律师事务所 关于上海纳尔实业股份有限公司 2024 年年度股东大会的 法律意见书 致：上海纳尔实业股份有限公司 根据上海纳尔实业股份有限公司（以下简称公司）与北京市中伦（上海）律 师事务所（以下简称本所）签订的《常年法律服务合同》的约定及受本所指派， 本所律师出席公司 2024 年年度股东大会（以下简称本次股东大会），并根据《中 华人民共和国公司法》（以下简称《公司法》）、《上市公司股东会规则》（以下简 称《股东会规则》）等法律、法规和规范性文件以及《上海纳尔实业股份有限公 司章程》（以下简称《公司章程》）的有关规定，对本次股东大会的召集、召开程 序、出席会议人员的资格、表决程序和表决结果等有关事宜出具本法律意见书。 本所律师按照《股东会规则》《律师事务所从事证券法律业务管理办法》《律 师事务所证券法律业务执业规则（试行）》的要求对公司本次股东大会的真实性、 合法性、有效性发表法律意见，保证本法律意见书不存在虚假记载、误导性陈述 及重大遗漏，并对本法律意见书的真实性、准确性、完 ...

一、会议召开和出席情况 （一）、会议召开情况 1、召开时间 （1）现场会议时间：2025年5月13日（星期二）下午14：30开始 证券代码：002825 证券简称：纳尔股份 公告编号：2025-029 上海纳尔实业股份有限公司 2024 年年度股东大会决议公告 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。 特别提示： 1、本次股东大会未出现否决提案的情况； 2、本次股东大会未涉及变更以往股东大会已通过决议的情况。 （2）网络投票时间：2025年5月13日。 其中：通过深圳证券交易所交易系统进行网络投票的时间为： 2025年5月13日上午9:15-9:25；9:30-11:30、下午13:00-15:00； 通过深圳证券交易所互联网投票系统进行网络投票的时间为： 2025年5月13日9：15-15：00期间的任意时间。 2、现场会议召开的地点：上海市浦东新区新场镇新瀚路26号公司三楼会议 室 3、召开方式：现场表决与网络投票相结合。本次股东大会通过深圳证券交 易所交易系统和互联网投票系统提供网络形式的投票平台。 4、召集人：上海纳尔实业股份有限公司（以下简称" ...

二、公司核实相关情况的说明 针对公司股票异常波动，公司董事会对有关事项进行了核实，有关情况说明 如下： 1/2 1. 公司前期披露的信息不存在需要更正、补充之处； 2. 公司目前经营情况正常，不存在内外部经营环境发生重大变化的情形； 3. 近期公共媒体未报道可能或已经对本公司股票交易价格产生较大影响的未 公开重大信息； 4. 公司于 2025 年 4 月 22 日披露了《2024 年年度报告》、《2025 年一季度报 告》（公告编号：2025-005）等。具体内容请参见公司指定信息披露媒体《证 券时报》和巨潮资讯网（www.cninfo.com.cn），公司不存在应修正业绩的情 况； 三、是否存在应披露而未披露信息的说明 证券代码：002825 证券简称：纳尔股份 公告编号：2025-030 上海纳尔实业股份有限公司 关于公司股价异常波动的公告 本公司全体董事、监事、高级管理人员保证公告内容真实、准确和完整， 并对公告中的虚假记载、误导性陈述或者重大遗漏承担责任。 一、股票交易异常波动情况 上海纳尔实业股份有限公司（以下简称"公司"或"本公司"）股票交易价 格连续 3 个交易日（2025 年 5 月 9 日、 ...