Core Insights - Shenzhen Water New Materials Co., Ltd. (沃特股份) has completed the acquisition of 100% equity in Huarka Sealing Products (Shanghai) Co., Ltd. (华尔卡密封件), which has been approved by the company's shareholders' meeting and is currently undergoing related business changes [1][2] - The semiconductor industry is experiencing a continuous upward trend in demand due to the ongoing wave of artificial intelligence, providing new development opportunities for the company [1] - The acquisition will enhance the company's ability to serve customers by integrating semiconductor core materials and key components [1][2] Company Developments - The acquisition of Huarka Sealing Products will allow the company to form a semiconductor component solution and accelerate the release of fluorine material production capacity [2] - The company has established deep cooperation with global semiconductor supply chain customers and has entered the supply chain of leading global manufacturers [2] Industry Context - The semiconductor industry is facing stricter requirements for material performance, including high and low-temperature resistance, corrosion resistance, and cleanliness, as chip manufacturing evolves towards higher processes and power consumption [1] - Fluorinated materials such as PTFE (polytetrafluoroethylene) are becoming key materials in semiconductor equipment manufacturing due to their excellent chemical stability and mechanical properties [1]

Core Viewpoint - The company沃特股份 is expanding its production capacity and strategic positioning in the high-performance polymer materials and semiconductor sectors, particularly through the development of LCP materials and the acquisition of a sealing components company. Group 1: LCP Production and Market Position - The company has begun mass production of LCP materials at its new facility in Chongqing, which is expected to become the largest global supplier of LCP materials [1] - The company has invested 10 years in LCP development, acquiring technology from Samsung in 2014 and establishing its own production line in 2020, leading to its position as the top domestic supplier by 2021 [1] - Current LCP resin production capacity stands at 20,000 tons, with plans for further expansion based on market demand [1] Group 2: Acquisition of Sealing Components Company - The company plans to acquire 100% of the sealing components company for 25 million yuan, aiming to enhance its competitiveness in the semiconductor industry [1][2] - The sealing components company specializes in high-performance sealing products and has a significant presence in the semiconductor and nuclear energy sectors [2] - Financial projections for the sealing components company indicate challenges, with revenues of 211 million yuan in 2023 and expected losses in 2024 and 2025 [2][3] Group 3: Financial Performance - The company reported a revenue increase of 12.29% year-on-year, reaching 906.36 million yuan in the first half of 2025 [4][5] - Net profit attributable to shareholders grew by 23.94%, with a significant increase in R&D investment, which accounted for 6.18% of revenue [4][5] - The company’s product segments include special polymer materials, engineering plastic alloys, and modified general plastics, with respective revenue contributions of 48.93%, 27.55%, and 17.65% [6] Group 4: Semiconductor Sector Developments - The company has successfully integrated its semiconductor technology following the acquisition of Shanghai沃特华本, achieving breakthroughs in core semiconductor components [7] - The company’s PTFE precision components are now utilized by leading semiconductor equipment manufacturers, enhancing its market position [7] - As the semiconductor industry recovers, the company is poised to leverage its platform advantages to capture new growth opportunities [7]

Group 1 - The company has started mass production of LCP capacity in Chongqing and is supplying products to customers [1] - The company has also begun to receive customer orders for PEEK [1]

Core Viewpoint - The company has successfully initiated mass production of its new LCP capacity in Chongqing and is gradually receiving orders for PEEK products [1] Group 1: Production Capacity - The new LCP production capacity in Chongqing has received its production license and has been in operation for one quarter [1] - The company has begun to provide products in bulk to customers from the new capacity [1] Group 2: Market Development - The company is actively promoting market development efforts following the ramp-up of production [1] - There has been progress in obtaining new customer orders for PEEK products [1]

Core Viewpoint - The semiconductor industry is experiencing a continuous upturn driven by the demand for artificial intelligence, presenting new growth opportunities for domestic special polymer materials company, Water Co., Ltd. [1] Group 1: Company Developments - Water Co., Ltd. has integrated a platform for semiconductor core materials and key components, positioning itself favorably in the market [1]. - The company has acquired 100% of the shares of Walka Sealing Products (Shanghai) Co., Ltd., incorporating a global core sealing component manufacturing base into its operations [2]. - Water Co., Ltd. has established a comprehensive supply system for semiconductor materials and components through its subsidiaries, Water Huaben and Zhejiang Kesai [1][2]. Group 2: Market Trends and Opportunities - The demand for semiconductor equipment, particularly corrugated pipe sealing products, is expected to grow, with a compound annual growth rate of 7.0% from 2025 to 2031 [2]. - The company has achieved an annual production capacity of 8,000 tons of high-performance special fluorine materials, making it a leading supplier of electronic-grade PTFE and ePTFE films in China [2]. - Water Co., Ltd. is well-positioned to benefit from the rising demand in the semiconductor materials sector, leveraging its full industry chain layout and global customer resources to enhance its market position [2].

Core Viewpoint - The semiconductor industry is experiencing a significant upturn driven by the ongoing demand for artificial intelligence, leading to a comprehensive price increase in the global memory chip market and exceeding performance expectations for related companies [1] Industry Overview - The semiconductor equipment market is showing strong growth, with SEMI predicting global semiconductor manufacturing equipment sales to reach a record $125.5 billion in 2025, and further increase to $138.1 billion in 2026 [1] - The recovery in the semiconductor industry is benefiting related sectors in the A-share market, including semiconductor equipment, memory chips, and photolithography machines, with rising investor interest [1] Company Insights - Watte Co., Ltd. (002886.SZ) is positioned to capitalize on the recovery in the semiconductor industry through its integrated platform for core semiconductor materials and key components [1] - The company has established a comprehensive semiconductor materials and components supply system through its subsidiaries, Watte Huaben and Zhejiang Kesai, with PTFE material production capacity ranking first in the industry [2] - Watte Huaben, originally a manufacturing base of Japan's Walka, has deep technical expertise and is recognized by leading semiconductor clients for its advanced PTFE surface treatment and welding technologies [2] - Zhejiang Kesai focuses on the core technology and industrialization of specialty fluorine materials, achieving an annual production capacity of 8,000 tons of high-performance specialty fluorine materials, and is a leading supplier of electronic-grade PTFE and ePTFE films in China [2] Strategic Developments - In September, Watte Co., Ltd. acquired 100% of Walka Sealing Products (Shanghai) Co., Ltd., integrating a global core sealing component manufacturing base into its operations [2] - The sealing products, particularly high-end corrugated pipe seals, are critical components for semiconductor equipment like etching machines and align with the growing demand for server liquid cooling in the context of AI computing power [2] - The corrugated pipe market for semiconductor equipment is expected to grow at a compound annual growth rate of 7.0% from 2025 to 2031 [2] Competitive Positioning - Following the acquisition, Watte Co., Ltd. will offer the most comprehensive semiconductor component solutions in the industry, leveraging its position as the largest fluorine material manufacturing platform [3] - The company has established deep collaborations with global semiconductor supply chain clients and is entering the supply chains of leading global manufacturers, positioning itself to benefit from the domestic substitution trend [3] - Analysts suggest that the recovery in the semiconductor industry, combined with the domestic substitution wave, presents dual benefits for core materials and components companies, with Watte Co., Ltd. poised to enjoy significant growth opportunities [3]

证券代码：002886 证券简称：沃特股份 公告编号：2025-051 深圳市沃特新材料股份有限公司 关于取消监事会的公告 本公司及董事会全体成员保证信息披露内容真实、准确、完整，没有 虚假记载、误导性陈述或重大遗漏。 深圳市沃特新材料股份有限公司（以下简称"公司"）第五届董事会第九次会 议、2025 年第一次临时股东大会审议通过《关于修订<公司章程>并办理工商变 更登记的议案》。根据《公司法》及中国证监会《关于新<公司法>配套制度规则 实施相关过渡期安排》《上市公司章程指引》等相关规定，公司对《公司章程》 作了相应修订。本次《公司章程》修订后，公司不再设置监事会，《监事会议事 规则》相应废止，各项制度中涉及监事会、监事的规定不再适用，监事会职权、 职责由公司董事会审计委员会承接。监事朱珊女士、方小法先生、黄富诗女士因 公司治理结构调整，担任的第五届监事会监事职务自然免除。离任监事后，朱珊 女士、方小法先生、黄富诗女士仍在公司担任其他职务。本次监事离任后，公司 治理结构符合《公司法》关于"不设监事会或监事"的要求，不会影响公司内部监 督机制的正常运行。 截至本公告披露日，方小法先生、黄富诗女士均未直接或间接持 ...

一、会议召开情况 1、会议召开的日期和时间： 证券代码：002886 证券简称：沃特股份 公告编号：2025-050 现场会议召开的时间为：2025 年 9 月 26 日（星期五）15:00。 深圳市沃特新材料股份有限公司 2025 年第一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、本次股东大会无否决议案的情形； 2、本次股东大会不涉及变更前次股东大会决议。 网络投票的时间为：2025 年 9 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 9 月 26 日 9:15-9:25，9:30-11:30 和 13:00-15:00；通过深圳证券交易所互联网投票系统投票的具体时间为：2025 年 9 月 26 日 9:15-15:00。 2、现场会议召开地点：深圳市南山区深圳国际创新谷 7 栋 B 座 31 层公司 会议室。 3、会议召开方式：本次股东大会采用现场会议与网络投票相结合的方式。 4、会议召集人：深圳市沃特新材料股份有限公司董事会。 5、会议主持人：董事长吴宪。 6、本次股 ...

中国广东省深圳市福田区金田路 4028 号荣超经贸中心 28、29 层 邮政编码: 518035 28&29 Floor, Landmark, No.4028 Jintian Road, Futian District, Shenzhen 518035, P.R.C. Tel: 0755-33988188 Fax: 0755-33988199 http://www.junzejun.com 北京市君泽君（深圳）律师事务所 关于深圳市沃特新材料股份有限公司 2025年第一次临时股东大会的 法律意见书 致：深圳市沃特新材料股份有限公司 深圳市沃特新材料股份有限公司（以下简称公司）2025年第一次临时股东大会 （以下简称本次股东大会）采取现场会议与网络投票相结合的方式召开，其中现场 会议于2025年9月26日在深圳市南山区深圳国际创新谷7栋B座31层公司会议室召 开。北京市君泽君（深圳）律师事务所（以下简称本所）接受公司聘任，指派本所 律师参加本次股东大会现场会议，并根据《中华人民共和国公司法》《中华人民共 和国证券法》（以下简称《证券法》）、《上市公司股东会规则》（以下简称《股东会 规则》）以及《深圳市沃特新材料 ...

Group 1 - The core point of the article is that Watte Company has confirmed the use of LCP materials in robotic motors, although this business currently represents a small portion of the company's revenue [1] - Some downstream connector customers of LCP materials have not disclosed specific product applications due to confidentiality requirements [1]