Group 1 - The A-share market saw active performance in the civil explosives sector, with two stocks hitting the daily limit up, including Guotai Group and Kailong Co., which both reached the limit, while Xiaocheng Technology rose over 4%, and Xinyu Guoke and Gaozheng Minbao increased by over 3% [1] - The Shanxi Provincial Government recently announced the repeal of 124 administrative normative documents, officially abolishing the ban on the production, operation, storage, transportation, and use of fireworks and firecrackers that was issued on August 17, 2020, marking a shift from a "complete ban" to "orderly control" of fireworks management in Shanxi [1] Group 2 - The China Fireworks and Firecrackers Association stated that fireworks are an important carrier of traditional culture in China. The adjustment of the complete ban policy in Shanxi is a response to the cultural needs of the public during festivals and reflects the government's scientific approach to balancing public management with safety governance. The policy will specify limited periods, areas, and safety management requirements to preserve festive atmosphere and cultural heritage while effectively managing safety risks [4] - Additionally, on December 12, the Ministry of Industry and Information Technology issued a plan for implementing the "National Intelligent Manufacturing Standard System Construction Guide" in the civil explosives industry, proposing to revise and establish 30 intelligent manufacturing standards by 2030, aiming to promote the industry towards zero accidents, high concentration, and intelligent development [5]

Group 1 - The A-share market saw a collective surge in the civil explosives sector, with notable stocks such as Guotai Group and Kailong Co. hitting the daily limit up [1] - The recent announcement by the Shanxi Provincial Government to abolish 124 administrative normative documents marks a shift in the management of fireworks from a "complete ban" to "orderly control" [2] - The China Fireworks Association expressed its support for Shanxi's adjustment of fireworks policies, aiming to promote healthy and orderly industry development [3] Group 2 - Guotai Group (603977) experienced a price increase of 9.99%, with a total market value of 9.71 billion and a year-to-date increase of 21.65% [2] - Kailong Co. (002783) rose by 9.97%, with a market capitalization of 5.01 billion and a year-to-date increase of 24.66% [2] - Xiaocheng Technology (300139) saw a 4.52% increase, with a market value of 8.30 billion and a remarkable year-to-date increase of 107.54% [2]

（文章来源：证券日报） 证券日报网讯 12月12日，高争民爆在互动平台回答投资者提问时表示，财务数据公司会在后续定期报 告中按规定披露具体情况，请关注公司公告。 ...

证券日报网讯12月12日，高争民爆（002827）在互动平台回答投资者提问时表示，公司截至2025年12月 10日股东人数为44000户左右。 ...

（文章来源：证券日报） 证券日报网讯 12月5日，高争民爆在互动平台回答投资者提问时表示，截至10月10日公司股东人数为 49000户左右。 ...

证券日报网讯12月5日，高争民爆（002827）在互动平台回答投资者提问时表示，公司截至11月20日股 东人数为45000户左右。 ...

证券日报网讯12月5日，高争民爆（002827）在互动平台回答投资者提问时表示，公司子公司已取得爆 破作业领域的"双一级"资质，在此资质基础上，子公司拥有承接及实施铁路建设相关爆破工程的相应资 格与技术能力，能够为铁路基建等项目提供专业服务。公司将严格按照相关法律法规及监管要求，持续 提升核心竞争力与经营管理水平，积极把握市场机遇，推动业务健康发展。 ...

Market Overview - The Shanghai Composite Index closed at 3875.26 points, above the five-day moving average, with a change of 0.29% [1] - The total trading volume of A-shares reached 1,723.17 billion yuan [1] Stocks Performance - A total of 1,389 A-shares have surpassed the five-day moving average, with notable stocks showing significant deviation rates [1] - The stocks with the highest deviation rates include: - Mingguan New Materials (15.93%) - Tianyi New Materials (15.92%) - Liande Equipment (15.78%) [1] - Other stocks with smaller deviation rates that just crossed the five-day moving average include: - Beikang Technology - Spring Airlines - High-Explosive Mining [1] Notable Stocks - The top three stocks with the highest daily gains are: - Mingguan New Materials: +20.03% with a turnover rate of 10.50% [1] - Tianyi New Materials: +20.04% with a turnover rate of 12.35% [1] - Liande Equipment: +20.01% with a turnover rate of 19.65% [1] - Other significant gainers include: - Huazhi Technology: +20.00% [1] - Penghui Energy: +14.64% [1]

Meeting Overview - The fourth extraordinary general meeting of shareholders for 2025 was convened by the company's fourth board of directors [3] - The meeting was held on November 26, 2025, at 14:30, in the conference room on the third floor of the company located at No. 18 Linqionggang Road, Lhasa Economic and Technological Development Zone [4][6] - A combination of on-site and online voting was utilized for the meeting [6] Attendance - A total of 391 shareholders and their representatives attended the meeting, representing 163,521,958 shares, which is 59.0234% of the total voting shares [7] - Among the attendees, 390 were small investors, representing 4,540,964 shares, or 1.6391% of the total voting shares [7] - The meeting included participation from company directors, supervisors, the board secretary, and senior management, as well as legal representatives from Tibet Mount Everest Law Firm [7] Proposal Voting Results - The proposal to cancel the supervisory board, change the company's registered capital, and amend the articles of association was approved with 163,125,808 votes in favor, accounting for 99.7577% of the valid votes [9] - Small shareholders voted 4,144,814 shares in favor, representing 91.2761% of the small shareholders' valid votes [10] - The proposal to elect a non-independent director to the fourth board of directors was also approved with 163,118,408 votes in favor, or 99.7532% of the valid votes [10] - Small shareholders voted 4,137,414 shares in favor, representing 91.1131% of the small shareholders' valid votes [11] Legal Opinion - The legal representatives from Tibet Mount Everest Law Firm confirmed that the meeting was convened and conducted in accordance with legal and regulatory requirements, and that the voting procedures and results were valid [13]

证券代码：002827 证券简称：高争民爆 公告编号：2025-063 西藏高争民爆股份有限公司 2025 年第四次临时股东大会决议公告 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、 误导性陈述或者重大遗漏。 特别提示： 1、本次股东大会无否决提案的情况； 2、本次股东大会不涉及变更以往股东大会已通过的决议。 一、会议召开情况 （一）会议届次：2025 年第四次临时股东大会 （二）会议召集人：公司第四届董事会 1、现场会议时间：2025 年 11 月 26 日（星期三）14:30。 2、网络投票时间：2025 年 11 月 26 日。 其中，通过深圳证券交易所交易系统进行网络投票的具体时间为：2025 年 11 月 26 日上午 9:15-9:25、9:30-11:30，下午 13:00 至 15:00；通过深圳证券交易所互联网 投票系统进行投票的具体时间为：2025 年 11 月 26 日 9:15 至 15:00。 3、现场会议地点：拉萨经济技术开发区林琼岗路 18 号公司三楼会议室 （六）会议召开方式：采取现场投票与网络投票相结合的方式。 （七）股权登记日：2025 年 11 ...