证券代码：300174 证券简称：元力股份 公告编号：2025-057 福建元力活性炭股份有限公司董事会 关于 2025 年半年度募集资金存放、管理 与使用情况的专项报告 公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假记载、 误导性陈述或重大遗漏。 一、募集资金基本情况 （一）非公开发行股票募集资金 1、募集资金金额及资金到位情况 经中国证券监督管理委员会证监许可〔2020〕973号文核准，福建元 力活性炭股份有限公司(以下简称"公司")2020年6月非公开发行人民币 普通股65,103,168股，发行价格13.57元/股，募集资金总额为人民币 883,449,989.76元，扣除相关发行费用23,596,699.11元，实际募集资金 净额为人民币859,853,290.65元。上述募集资金全部存放于募集资金专 户管理，经华兴会计师事务所（特殊普通合伙）审验，并出具华兴所（2020） 验字E-002号《验资报告》。 2、2025年半年度募集资金使用情况 2020年至2024年，公司累计使用非公开发行股票募集资金65,681.03 万元。 2025年半年度非公开发行股票募集资金使用情况： | ...

证券代码：300174 证券简称：元力股份 公告编号：2025-056 福建元力活性炭股份有限公司 会议由董事长许文显先生主持，经全体董事表决，通过了以下决 议： 一、会议以 5 票同意、0 票反对、0 票弃权的表决结果，审议通过 了《2025 年半年度报告及其摘要》 《2025 年半年度报告》及《2025 年半年度报告摘要》于 2025 年 8 月 27 日在中国证监会指定的创业板信息披露网站披露，供投资者查阅。 该议案的财务报告部分已经公司董事会审计委员会全体成员审议 通过。 二、会议以 5 票同意、0 票反对、0 票弃权的表决结果，审议通过 了《关于 2025 年半年度募集资金存放、管理与使用情况的专项报告》 《关于 2025 年半年度募集资金存放、管理与使用情况的专项报告》 于 2025 年 8 月 27 日在中国证监会创业板指定信息披露网站披露，供 投资者查阅。 第六届董事会第八次会议决议公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 福建元力活性炭股份有限公司（以下简称"公司"）于 2025 年 8 月 16 日以书面方式向各董事发出公司第六 ...

Core Insights - Yuanli Co., Ltd. reported a revenue of 940 million yuan for the first half of 2025, representing a year-on-year decline of 4.50% [1] - The net profit attributable to shareholders of the listed company was 118 million yuan, down 19.95% year-on-year [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 118 million yuan, showing a year-on-year increase of 0.97% [1] - The basic earnings per share were 0.3278 yuan [1]

[Important Notice, Table of Contents, and Definitions](index=2&type=section&id=Section%20I%20Important%20Notice%2C%20Table%20of%20Contents%2C%20and%20Definitions) This section provides essential preliminary information, including the report's structure, key terms, and a formal declaration of responsibility [Important Notice](index=2&type=section&id=Important%20Notice) The company's board and senior management guarantee the report's accuracy, with forward-looking statements not constituting substantive commitments, while addressing macro environment and project risks, and no interim dividend distribution is planned - The company's board of directors and senior management guarantee the truthfulness, accuracy, and completeness of the report content, assuming legal responsibility[5](index=5&type=chunk) - Forward-looking statements regarding future development plans in this report do not constitute substantive commitments by the company to investors[7](index=7&type=chunk) - The company plans not to distribute cash dividends, bonus shares, or convert capital reserves into share capital for this half-year period[9](index=9&type=chunk) - The company faces risks from changes in the macro environment, which may affect profitability, but will respond through technological innovation, product optimization, capacity expansion, market development, and cost reduction measures[7](index=7&type=chunk) - Fund-raising projects are primarily for activated carbon production line construction, posing risks that new capacity may not quickly achieve effective output and sales, which the company will mitigate through careful planning and targeted sales strategies[8](index=8&type=chunk) [Table of Contents](index=3&type=section&id=Table%20of%20Contents) This section provides a detailed report structure, listing eight main chapters and their starting page numbers for investor navigation - The report comprises eight main chapters, covering important notices, company profile, management discussion and analysis, corporate governance, significant matters, share changes, bond information, and financial reports[10](index=10&type=chunk) [Definitions](index=5&type=section&id=Definitions) This section defines common terms and abbreviations for the company and its key subsidiaries to ensure clear understanding of the report content - This section defines abbreviations for the company and its major subsidiaries (e.g., Nanping Yuanli, Liyuan Company, Huaiyushan Company), as well as other relevant terms[15](index=15&type=chunk) [Company Profile and Key Financial Indicators](index=6&type=section&id=Section%20II%20Company%20Profile%20and%20Key%20Financial%20Indicators) This section outlines the company's fundamental information and presents its key financial performance metrics and indicators [I. Company Profile](index=6&type=section&id=I.%20Company%20Profile) This section provides the company's basic information, including stock ticker, code, listing exchange, Chinese and English names, and legal representative Company Basic Information | Indicator | Content | | :--- | :--- | | Stock Abbreviation | Yuanli Shares | | Stock Code | 300174 | | Listing Stock Exchange | Shenzhen Stock Exchange | | Chinese Name | Fujian Yuanli Activated Carbon Co., Ltd. | | Legal Representative | Xu Wenxian | [II. Contact Person and Information](index=6&type=section&id=II.%20Contact%20Person%20and%20Information) This section provides contact information for the company's Board Secretary and Securities Affairs Representative for investor communication Contact Information | Position | Name | Contact Address | Phone | Fax | Email | | :--- | :--- | :--- | :--- | :--- | :--- | | Board Secretary | Luo Cong | No. 8 Zhuxi Road, Yanping District, Nanping City, Fujian Province | 0599-8558803 | 0599-8558803 | dm@yuanlicarbon.com | | Securities Affairs Representative | Lan Jing | No. 8 Zhuxi Road, Yanping District, Nanping City, Fujian Province | 0599-8558803 | 0599-8558803 | dm@yuanlicarbon.com | [III. Other Information](index=6&type=section&id=III.%20Other%20Information) During the reporting period, the company's contact information, disclosure locations, and registration status remained unchanged, consistent with the 2024 annual report - The company's registered address, office address, website, and email remained unchanged during the reporting period[19](index=19&type=chunk) - The company's information disclosure and archiving locations remained unchanged during the reporting period[20](index=20&type=chunk) - The company's registration status remained unchanged during the reporting period[21](index=21&type=chunk) [IV. Key Accounting Data and Financial Indicators](index=6&type=section&id=IV.%20Key%20Accounting%20Data%20and%20Financial%20Indicators) During the reporting period, revenue and net profit attributable to shareholders decreased year-on-year, but net cash flow from operating activities significantly increased, while total assets and net assets also grew Key Accounting Data and Financial Indicators (Current Reporting Period vs. Prior Year Period) | Indicator | Current Reporting Period (CNY) | Prior Year Period (CNY) | Change from Prior Year Period | | :--- | :--- | :--- | :--- | | Operating Revenue | 939,693,543.21 | 983,943,087.61 | -4.50% | | Net Profit Attributable to Shareholders of Listed Company | 118,303,657.80 | 147,796,146.46 | -19.95% | | Net Profit Attributable to Shareholders of Listed Company (Excluding Non-Recurring Gains/Losses) | 117,529,435.83 | 116,401,657.76 | 0.97% | | Net Cash Flow from Operating Activities | 69,360,006.04 | 2,571,071.62 | 2,597.71% | | Basic Earnings Per Share (CNY/share) | 0.3278 | 0.4086 | -19.77% | | Diluted Earnings Per Share (CNY/share) | 0.3278 | 0.4086 | -19.77% | | Weighted Average Return on Net Assets | 3.51% | 4.66% | -1.15% | | **Period-End Indicators** | **Current Period-End (CNY)** | **Prior Year-End (CNY)** | **Change from Prior Year-End** | | Total Assets | 4,211,922,576.66 | 4,006,636,502.21 | 5.12% | | Net Assets Attributable to Shareholders of Listed Company | 3,406,920,569.91 | 3,306,823,843.78 | 3.03% | - Net cash flow from operating activities significantly increased by **2,597.71%**, primarily due to a decrease in cash paid for goods and services[23](index=23&type=chunk)[62](index=62&type=chunk) [V. Differences in Accounting Data under Domestic and International Accounting Standards](index=7&type=section&id=V.%20Differences%20in%20Accounting%20Data%20under%20Domestic%20and%20International%20Accounting%20Standards) During the reporting period, there were no differences in net profit and net assets between financial reports disclosed under international or overseas accounting standards and Chinese accounting standards - The company's report period showed no differences in net profit and net assets between financial reports disclosed under International Accounting Standards and Chinese Accounting Standards[24](index=24&type=chunk) - The company's report period showed no differences in net profit and net assets between financial reports disclosed under overseas accounting standards and Chinese Accounting Standards[25](index=25&type=chunk) [VI. Non-Recurring Gains and Losses Items and Amounts](index=7&type=section&id=VI.%20Non-Recurring%20Gains%20and%20Losses%20Items%20and%20Amounts) The company's non-recurring gains and losses totaled CNY 774,221.97 this period, primarily from disposal of non-current assets, government grants, and other non-operating income/expenses Non-Recurring Gains and Losses Items and Amounts | Item | Amount (CNY) | Explanation | | :--- | :--- | :--- | | Gains or losses from disposal of non-current assets | -282,553.23 | | | Government grants recognized in current profit or loss (excluding those closely related to the company's ordinary operations, compliant with national policies, enjoyed at fixed standards, and having a sustained impact on company profit or loss) | 704,711.02 | | | Other non-operating income and expenses apart from the above | 546,083.42 | | | Less: Income tax impact | 191,878.63 | | | Impact on minority interests (after tax) | 2,140.61 | | | Total | 774,221.97 | | - The company has no other profit or loss items that meet the definition of non-recurring gains and losses, nor does it classify non-recurring gains and losses as recurring gains and losses[27](index=27&type=chunk) [Management Discussion and Analysis](index=8&type=section&id=Section%20III%20Management%20Discussion%20and%20Analysis) This section provides a comprehensive overview of the company's operations, financial performance, and future outlook from management's perspective [I. Company's Main Business Activities During the Reporting Period](index=8&type=section&id=I.%20Company's%20Main%20Business%20Activities%20During%20the%20Reporting%20Period) During the reporting period, the company's main business remained unchanged, focusing on R&D, production, and sales of activated carbon, sodium silicate, and silica gel, benefiting from environmental policies and new energy development, maintaining a stable industry position with a regional, order-based, and direct/dealer sales model - The company's main business activities remained unchanged during the reporting period, focusing on the research, development, production, and sales of chemical products such as activated carbon, sodium silicate, and silica gel[29](index=29&type=chunk) [(I) Industry Development Overview](index=8&type=section&id=%28I%29%20Industry%20Development%20Overview) Global activated carbon production is shifting to developing countries, with China as the largest woody activated carbon producer. The company benefits from stricter environmental policies and new energy sector growth, expanding activated carbon applications. Sodium silicate, primarily for white carbon black, gains from "green tire" development, while the silica gel industry thrives with national policy support - The global activated carbon industry is shifting towards developing countries, with China being the world's largest producer of woody activated carbon, enhancing the company's advantageous position in the industry[30](index=30&type=chunk) - Activated carbon application areas are deepening and expanding, with new demands for carbon materials from the new energy industry (e.g., power batteries, energy storage) presenting development opportunities[31](index=31&type=chunk) - The sodium silicate produced by the company is primarily used for white carbon black, benefiting from the rapid development of the "green tire" market[31](index=31&type=chunk) - China's silica gel industry is entering a period of vigorous development with national policy support, and the company will leverage its circular industrial park to enhance market visibility[31](index=31&type=chunk)[32](index=32&type=chunk) [(II) Industry Policy Environment](index=8&type=section&id=%28II%29%20Industry%20Policy%20Environment) The company's products, embodying energy conservation, environmental protection, and resource recycling, benefit from national plans for energy saving, new materials, and new energy. Relevant policies drive activated carbon industry consolidation, increasing the company's market share, and encourage green, low-carbon development and new energy carbon material innovation - The company's main business, woody activated carbon, falls under the "encouraged category" in the National Industrial Structure Adjustment Guidance Catalogue (2024), which facilitates industry consolidation and increases the company's market share[33](index=33&type=chunk) - Activated carbon produced and sold from "three wastes" (forest residues, inferior timber, crop stalks, sand willow, corn cobs) benefits from a 90% VAT refund policy, which is a long-term positive for the woody activated carbon industry[34](index=34&type=chunk) - National "dual carbon" goals and green development policies provide significant support for the company's green, low-carbon development philosophy and circular economy model, promoting the development of new energy carbon materials[35](index=35&type=chunk)[36](index=36&type=chunk) [(III) Industry Position](index=9&type=section&id=%28III%29%20Industry%20Position) The company is a leading enterprise in China's woody activated carbon industry, with an annual production and sales volume exceeding 140,000 tons, ranking first nationally for many consecutive years in output, sales, and exports. Its sodium silicate annual capacity of 160,000 tons is among the industry's top, and its 26,000-ton silica gel annual capacity is expanding market share with low-cost, high-quality advantages - The company is a leading enterprise in China's woody activated carbon industry, with annual production and sales growing from 500 tons to over **140,000 tons**, consistently ranking first nationally in output, sales, and exports for many years[37](index=37&type=chunk) - In the activated carbon sector, the company continues to develop towards full categories and high-end products, introducing new varieties such as bamboo-based granular activated carbon, nutshell activated carbon, honeycomb activated carbon, supercapacitor activated carbon, biomass hard carbon, and porous carbon[37](index=37&type=chunk) - The company's sodium silicate annual production capacity is **160,000 tons**, ranking among the industry's top, with some supply for silica gel production and辐射周边市场 (radiating to surrounding markets)[38](index=38&type=chunk) - The company currently has an annual silica gel production capacity of **26,000 tons**, leveraging its low-cost and high-quality competitive advantages to open up the market and accelerate expansion in domestic and international markets[39](index=39&type=chunk) [(IV) Main Business Model](index=10&type=section&id=%28IV%29%20Main%20Business%20Model) The company's main business model encompasses procurement, production, and sales. Procurement varies for activated carbon, sodium silicate, and silica gel, with activated carbon raw materials sourced through regional hubs and individual suppliers. Production is primarily order-based. Sales are mainly direct domestically, supplemented by distributors, while international markets are served through self-operated exports by the international trade department and partnerships with professional distributors [1. Procurement Model](index=10&type=section&id=1.%20Procurement%20Model) Activated carbon raw materials (forest "three wastes" and purchased semi-finished carbon) are sourced through regional hubs and individual suppliers. Sodium silicate raw materials, quartz sand and soda ash, have ample market supply. Silica gel primarily uses sodium silicate (supplied by Yuanhe Water Glass) and sulfuric acid, with steam provided by Sanyuan Thermal Power - Activated carbon business procurement model: Adopts a regional layout and cultivates individual supplier model, forming a wide and smooth supply network for forest "three wastes" raw materials[41](index=41&type=chunk) - Sodium silicate business procurement model: Main raw materials, quartz sand and soda ash, have ample market supply[42](index=42&type=chunk) - Silica gel business procurement model: Sodium silicate is entirely supplied directly by Yuanhe Water Glass, and steam is provided by wholly-owned subsidiary Sanyuan Thermal Power, utilizing waste heat from activated carbon production[43](index=43&type=chunk) [2. Production Model](index=10&type=section&id=2.%20Production%20Model) Activated carbon production primarily follows an order-based model, managed as bulk or special orders. Liquid sodium silicate mainly supplies Sanyuan Circular, while solid products are produced based on orders and market demand. Silica gel production is also primarily driven by downstream customer orders and market demand - Activated carbon business production model: Primarily adopts an order-based production approach, managed as bulk orders and special orders[44](index=44&type=chunk) - Sodium silicate business production model: Liquid sodium silicate primarily supplies Sanyuan Circular, while solid sodium silicate production is arranged based on downstream customer orders and market demand[45](index=45&type=chunk)[46](index=46&type=chunk) - Silica gel business production model: Production plans are primarily arranged based on downstream customer orders and anticipated future market demand[47](index=47&type=chunk) [3. Sales Model](index=11&type=section&id=3.%20Sales%20Model) Activated carbon products are primarily sold directly in the domestic market, supplemented by distributors, while international markets are served through self-operated exports by the international trade department and partnerships with international professional distributors. Sodium silicate and silica gel products are exclusively sold through direct sales - Activated carbon product sales model: Domestic market primarily uses direct sales, supplemented by distributors; international markets are served by the international trade department's self-operated exports and collaborations with international professional distributors[48](index=48&type=chunk)[49](index=49&type=chunk)[50](index=50&type=chunk)[51](index=51&type=chunk) - Sodium silicate and silica gel product sales model: Both are exclusively direct sales, selling directly to customers[52](index=52&type=chunk)[53](index=53&type=chunk) [II. Analysis of Core Competitiveness](index=12&type=section&id=II.%20Analysis%20of%20Core%20Competitiveness) As a leading domestic woody activated carbon enterprise, the company boasts significant advantages in production scale, innovation, product range, and management, achieving synergistic activated carbon, sodium silicate, and silica gel value chains through its forest chemical circular industrial park, delivering low-cost, high-quality products - The company is the largest and most comprehensive woody activated carbon producer in China, with an annual production and sales volume exceeding **140,000 tons**, consistently ranking first nationally in output, sales, and exports for many years[55](index=55&type=chunk) - The company is a national high-tech enterprise, leading with "technological innovation," possessing nearly a hundred national invention and utility model patents, demonstrating the strongest R&D capabilities in the industry[56](index=56&type=chunk) - The company offers over a hundred specifications of activated carbon products, achieving full category coverage, and actively develops new energy carbon materials such as supercapacitor activated carbon, biomass hard carbon, and porous carbon[57](index=57&type=chunk) - The company continuously enhances management efficiency through multiple management system certifications (ISO9001, ISO14001, ISO22000, ISO45001, etc.) and international certifications (Kosher, Halal, NSF)[59](index=59&type=chunk) - The company has established a young, tiered, and practice-oriented management and R&D team, which is a crucial guarantee for leading industry development[59](index=59&type=chunk) [III. Main Business Analysis](index=13&type=section&id=III.%20Main%20Business%20Analysis) During the reporting period, the main business profit structure remained stable, with activated carbon revenue growing 8.45% and gross margin up 3.38%, while silicate revenue decreased 33.80% with a 7.89% gross margin decline, and net operating cash flow surged 2597.71% - The company's profit composition or sources of profit did not undergo significant changes during the reporting period[63](index=63&type=chunk) Major Financial Data Year-on-Year Changes | Indicator | Current Reporting Period (CNY) | Prior Year Period (CNY) | Year-on-Year Change | Reason for Change | | :--- | :--- | :--- | :--- | :--- | | Operating Revenue | 939,693,543.21 | 983,943,087.61 | -4.50% | | | Operating Cost | 706,445,866.08 | 754,671,056.04 | -6.39% | | | Selling Expenses | 22,386,389.31 | 21,834,328.10 | 2.53% | | | Administrative Expenses | 68,117,934.63 | 75,854,301.37 | -10.20% | | | Financial Expenses | -15,819,509.91 | -21,893,041.33 | -27.74% | | | Income Tax Expense | 11,246,373.09 | 14,192,526.81 | -20.76% | | | R&D Investment | 40,877,770.14 | 37,600,317.80 | 8.72% | | | Net Cash Flow from Operating Activities | 69,360,006.04 | 2,571,071.62 | 2,597.71% | Primarily due to a decrease in cash paid for goods and services | | Net Cash Flow from Investing Activities | -83,198,234.79 | -834,838,790.76 | -90.03% | Primarily due to large transferable deposit purchases in the prior year | | Net Cash Flow from Financing Activities | 99,883,076.61 | -30,188,545.24 | -430.86% | Primarily due to an increase in bank borrowings | | Net Increase in Cash and Cash Equivalents | 86,325,265.25 | -860,888,947.24 | -110.03% | Primarily due to large transferable deposit purchases in the prior year | Products or Services Accounting for Over 10% of Revenue | Product or Service | Operating Revenue (CNY) | Operating Cost (CNY) | Gross Margin | Year-on-Year Change in Operating Revenue | Year-on-Year Change in Operating Cost | Year-on-Year Change in Gross Margin | | :--- | :--- | :--- | :--- | :--- | :--- | :--- | | **By Industry** | | | | | | | | Activated Carbon | 739,016,022.30 | 529,304,080.39 | 28.38% | 8.45% | 3.56% | 3.38% | | Silicates | 199,202,650.71 | 176,178,867.46 | 11.56% | -33.80% | -27.31% | -7.89% | | **By Product** | | | | | | | | Activated Carbon | 735,695,758.37 | 528,651,716.76 | 28.14% | 8.05% | 3.70% | 3.01% | | Sodium Silicate | 129,494,426.98 | 109,501,182.06 | 15.44% | -44.52% | -44.64% | 0.18% | | **By Region** | | | | | | | | Mainland China | 789,278,243.62 | 596,587,402.57 | 24.41% | -5.72% | -7.64% | 1.56% | | Outside Mainland China | 150,415,299.59 | 109,858,463.51 | 26.96% | 2.47% | 1.01% | 1.06% | [IV. Non-Core Business Analysis](index=14&type=section&id=IV.%20Non-Core%20Business%20Analysis) During the reporting period, non-core business had minimal impact on total profit, with VAT refund income being the primary and sustainable source of non-core revenue Non-Core Business Analysis | Item | Amount (CNY) | Proportion of Total Profit | Reason for Formation | Sustainability | | :--- | :--- | :--- | :--- | :--- | | Investment Income | -274,058.61 | -0.21% | Primarily discount interest | No | | Non-Operating Income | 716,505.39 | 0.55% | Primarily scrap income | No | | Non-Operating Expenses | 688,331.30 | 0.53% | Primarily fixed asset retirement losses | No | | Credit Impairment Losses | -3,463,502.20 | -2.66% | Primarily changes in bad debt provisions calculated by aging analysis method | Yes | | Asset Disposal Gains | 235,356.10 | 0.18% | Primarily gains/losses from fixed asset disposals | No | | Other Income | 22,842,743.64 | 17.56% | Primarily VAT refund income | Yes | [V. Analysis of Assets and Liabilities](index=14&type=section&id=V.%20Analysis%20of%20Assets%20and%20Liabilities) At the end of the reporting period, total assets and net assets attributable to shareholders increased, with higher proportions of cash and fixed assets, increased short-term borrowings, and decreased long-term borrowings, while no significant overseas assets, fair value measured assets/liabilities, or restricted assets were present [1. Significant Changes in Asset Composition](index=14&type=section&id=1.%20Significant%20Changes%20in%20Asset%20Composition) At the end of the reporting period, the proportion of cash and fixed assets to total assets increased, mainly due to higher operating cash flow and fixed asset investments. Short-term borrowings significantly increased, while long-term borrowings decreased Significant Changes in Asset Composition | Item | Amount at Current Period-End (CNY) | Proportion of Total Assets | Amount at Prior Year-End (CNY) | Proportion of Total Assets | Change in Proportion | Explanation of Significant Change | | :--- | :--- | :--- | :--- | :--- | :--- | :--- | | Cash and Bank Balances | 275,527,236.79 | 6.54% | 192,298,676.54 | 4.80% | 1.74% | Primarily due to increased operating cash flow | | Fixed Assets | 1,340,724,928.68 | 31.83% | 1,232,859,828.28 | 30.77% | 1.06% | Primarily due to an increase in fixed assets, leading to a higher proportion | | Short-Term Borrowings | 340,161,285.00 | 8.08% | 225,152,666.66 | 5.62% | 2.46% | Primarily due to an increase in short-term bank borrowings | | Long-Term Borrowings | 47,024,609.00 | 1.12% | 85,553,148.65 | 2.14% | -1.02% | Primarily due to a decrease in long-term bank borrowings | [2. Major Overseas Assets](index=14&type=section&id=2.%20Major%20Overseas%20Assets) The company had no major overseas assets during the reporting period - The company had no major overseas assets during the reporting period[70](index=70&type=chunk) [3. Assets and Liabilities Measured at Fair Value](index=15&type=section&id=3.%20Assets%20and%20Liabilities%20Measured%20at%20Fair%20Value) The company had no assets or liabilities measured at fair value during the reporting period - The company had no assets or liabilities measured at fair value during the reporting period[71](index=71&type=chunk) [4. Asset Restrictions as of the End of the Reporting Period](index=15&type=section&id=4.%20Asset%20Restrictions%20as%20of%20the%20End%20of%20the%20Reporting%20Period) As of the end of the reporting period, the company had no assets that were sealed, seized, frozen, mortgaged, or pledged, or otherwise restricted - As of the end of the reporting period, the company had no assets that were sealed, seized, frozen, mortgaged, or pledged, or otherwise restricted[71](index=71&type=chunk) [VI. Investment Analysis](index=15&type=section&id=VI.%20Investment%20Analysis) During the reporting period, the company had no significant equity investments, with non-equity investments primarily in the 320,000-ton solid water glass project; raised funds from private placement and convertible bonds were partially utilized, with some project adjustments to accelerate porous carbon business expansion [1. Overall Situation](index=15&type=section&id=1.%20Overall%20Situation) This section provides an overview of the investment situation, with specific details elaborated in subsequent sub-sections [2. Significant Equity Investments Acquired During the Reporting Period](index=15&type=section&id=2.%20Significant%20Equity%20Investments%20Acquired%20During%20the%20Reporting%20Period) The company did not acquire any significant equity investments during the reporting period - The company did not acquire any significant equity investments during the reporting period[73](index=73&type=chunk) [3. Significant Non-Equity Investments Underway During the Reporting Period](index=15&type=section&id=3.%20Significant%20Non-Equity%20Investments%20Underway%20During%20the%20Reporting%20Period) The company's significant non-equity investment underway is the 320,000-ton annual solid water glass project, with a cumulative actual investment of CNY 199,057,793.87 and a project progress of 99.65% as of the end of the reporting period Significant Non-Equity Investments Underway During the Reporting Period | Project Name | Is it a Fixed Asset Investment | Industry Involved in Investment Project | Amount Invested in Current Reporting Period (CNY) | Cumulative Actual Investment Amount as of Period-End (CNY) | Cumulative Achieved Income as of Period-End (CNY) | Reasons for Not Meeting Planned Progress and Expected Income | Disclosure Date (if any) | | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | | 320,000-ton Annual Solid Water Glass Project | Yes | Sodium Silicate | 39,261,697.58 | 199,057,793.87 | 0.00 | Not applicable | August 28, 2019 | [4. Financial Assets Measured at Fair Value](index=15&type=section&id=4.%20Financial%20Assets%20Measured%20at%20Fair%20Value) The company had no financial assets measured at fair value during the reporting period - The company had no financial assets measured at fair value during the reporting period[75](index=75&type=chunk) [5. Use of Raised Funds](index=15&type=section&id=5.%20Use%20of%20Raised%20Funds) The company has partially utilized raised funds from private placement of shares and convertible bonds, primarily for activated carbon and porous carbon construction projects. During the reporting period, the company changed the use of some raised funds, reallocating a portion from the "Activated Carbon for Environmental Protection Project" to the "2,000-ton Annual Porous Carbon Project" to accelerate its porous carbon business layout [(1) Overall Use of Raised Funds](index=15&type=section&id=%281%29%20Overall%20Use%20of%20Raised%20Funds) The company's net proceeds from private placement of shares were CNY 859.8533 million, with CNY 739.0919 million cumulatively used. Net proceeds from public issuance of convertible bonds were CNY 885.2783 million, with CNY 19.1058 million cumulatively used. Remaining funds are held in special accounts Overall Use of Raised Funds | Fundraising Method | Total Raised Funds (CNY million) | Net Raised Funds (CNY million) | Total Raised Funds Used in Current Period (CNY million) | Total Raised Funds Cumulatively Used (CNY million) | Total Raised Funds with Changed Use in Reporting Period (CNY million) | Total Raised Funds with Cumulatively Changed Use (CNY million) | Proportion of Cumulatively Changed Use of Raised Funds | | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | | Private Placement of Shares | 883.45 | 859.8533 | 24.6973 | 739.0919 | 0 | 0 | 0.00% | | Issuance of Convertible Bonds to Unspecified Investors | 900.00 | 885.2783 | 16.5107 | 19.1058 | 221.21 | 221.21 | 12.68% | | Total | 1,783.45 | 1,745.1316 | 41.208 | 758.1977 | 221.21 | 221.21 | 12.68% | - Net proceeds from private placement of shares were **CNY 859.8533 million**, with **CNY 24.6973 million** used in the reporting period and **CNY 739.0919 million** cumulatively used, leaving **CNY 181.2690 million** remaining[76](index=76&type=chunk) - Net proceeds from public issuance of convertible bonds were **CNY 885.2783 million**, with **CNY 16.5107 million** used in the reporting period and **CNY 19.1058 million** cumulatively used, leaving **CNY 943.9659 million** remaining[77](index=77&type=chunk) [(2) Status of Committed Projects Funded by Raised Capital](index=16&type=section&id=%282%29%20Status%20of%20Committed%20Projects%20Funded%20by%20Raised%20Capital) The company's committed projects funded by raised capital include the Nanping Industrial Park Activated Carbon Construction Project, Activated Carbon R&D Center Construction Project, Repayment of Bank Loans and Supplementing Working Capital Project, Activated Carbon for Environmental Protection Project, and Porous Carbon Construction Project. The Nanping Industrial Park Activated Carbon Construction Project and the 320,000-ton Annual Solid Water Glass Project have higher progress rates Status of Committed Projects Funded by Raised Capital | Committed Investment Project Name | Total Committed Investment of Raised Funds (CNY million) | Amount Invested in Current Reporting Period (CNY million) | Cumulative Investment Amount as of Period-End (CNY million) | Investment Progress as of Period-End | Date Project Reached Intended Usable State | Achieved Expected Benefits | | :--- | :--- | :--- | :--- | :--- | :--- | :--- | | Nanping Industrial Park Activated Carbon Construction Project | 722.00 | 24.73 | 599.988 | 83.10% | December 31, 2026 | No | | Activated Carbon R&D Center Construction Project | 61.45 | 0.0033 | 61.4533 | 100.00% | June 30, 2023 | No | | Repayment of Bank Loans and Supplementing Working Capital Project | 76.40 | 0 | 76.40 | 100.00% | Not applicable | Not applicable | | Activated Carbon for Environmental Protection Project | 885.278 | 0 | 664.068 | 241.78% | December 31, 2026 | Not applicable | | Porous Carbon Construction Project | 221.21 | 14.0929 | 14.0929 | 6.37% | May 31, 2026 | Not applicable | [(3) Changes in Projects Funded by Raised Capital](index=18&type=section&id=%283%29%20Changes%20in%20Projects%20Funded%20by%20Raised%20Capital) The company changed the use of a portion of the raised funds from the original "Activated Carbon for Environmental Protection Project," reallocating CNY 221.21 million to the "2,000-ton Annual Porous Carbon Construction Project" to accelerate its porous carbon business layout and improve the efficiency of raised fund utilization Changes in Projects Funded by Raised Capital | Financing Project Name | Fundraising Method | Changed Project | Corresponding Original Committed Project | Total Raised Funds Proposed for Changed Project (CNY million) | Actual Investment Amount in Current Reporting Period (CNY million) | Cumulative Actual Investment Amount as of Period-End (CNY million) | Investment Progress as of Period-End | Date Project Reached Intended Usable State | Benefits Achieved in Current Reporting Period (CNY million) | Achieved Expected Benefits | Has Feasibility of Changed Project Significantly Changed | | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | | 2021 Issuance of Convertible Bonds to Unspecified Investors Project | Issuance of Convertible Bonds to Unspecified Investors | 2,000-ton Annual Porous Carbon Construction Project | Activated Carbon for Environmental Protection Project | 221.21 | 14.0929 | 14.0929 | 6.37% | May 31, 2026 | 0 | Not applicable | No | - The company changed the use of a portion of the raised funds from the original "Activated Carbon for Environmental Protection Project," reallocating **CNY 221.21 million** to the "2,000-ton Annual Porous Carbon Construction Project" to accelerate its porous carbon business layout and improve the efficiency of raised fund utilization[82](index=82&type=chunk) [6. Wealth Management, Derivative Investments, and Entrusted Loans](index=19&type=section&id=6.%20Wealth%20Management%2C%20Derivative%20Investments%2C%20and%20Entrusted%20Loans) The company had no wealth management, derivative investments, or entrusted loans during the reporting period - The company had no wealth management during the reporting period[83](index=83&type=chunk) - The company had no derivative investments during the reporting period[84](index=84&type=chunk) - The company had no entrusted loans during the reporting period[85](index=85&type=chunk) [VII. Significant Asset and Equity Disposals](index=19&type=section&id=VII.%20Significant%20Asset%20and%20Equity%20Disposals) The company did not undertake any significant asset or equity disposals during the reporting period [1. Disposal of Significant Assets](index=19&type=section&id=1.%20Disposal%20of%20Significant%20Assets) The company did not dispose of any significant assets during the reporting period - The company did not dispose of any significant assets during the reporting period[86](index=86&type=chunk) [2. Disposal of Significant Equity](index=19&type=section&id=2.%20Disposal%20of%20Significant%20Equity) The company did not dispose of any significant equity during the reporting period - The company did not dispose of any significant equity during the reporting period[87](index=87&type=chunk) [VIII. Analysis of Major Holding and Participating Companies](index=19&type=section&id=VIII.%20Analysis%20of%20Major%20Holding%20and%20Participating%20Companies) This section analyzes the operations of major subsidiaries Nanping Yuanli Activated Carbon Co., Ltd. and Fujian Nanping Sanyuan Circular Technology Co., Ltd., and discloses the newly established Yuanli Carbon Silicon Materials (Cambodia) Co., Ltd. during the reporting period Major Subsidiaries and Participating Companies with Over 10% Impact on Company's Net Profit | Company Name | Company Type | Main Business | Registered Capital (CNY million) | Total Assets (CNY million) | Net Assets (CNY million) | Operating Revenue (CNY million) | Operating Profit (CNY million) | Net Profit (CNY million) | | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | | Nanping Yuanli | Subsidiary | Activated Carbon | 1,200.00 | 3,255.5796 | 2,122.9661 | 7,517.613 | 1,075.988 | 994.485 | - During the reporting period, the company established a wholly-owned grandchild company, Yuanli Carbon Silicon Materials (Cambodia) Co., Ltd., which currently has no significant impact[89](index=89&type=chunk) - Nanping Yuanli Activated Carbon Co., Ltd. is responsible for the company's activated carbon business and holds equity in several grandchild companies[90](index=90&type=chunk) - Fujian Nanping Sanyuan Circular Technology Co., Ltd. is responsible for the company's silica gel business and holds 100% equity in Sanyuan Thermal Power and Sanyuan Energy Saving[91](index=91&type=chunk)[92](index=92&type=chunk) [IX. Structured Entities Controlled by the Company](index=20&type=section&id=IX.%20Structured%20Entities%20Controlled%20by%20the%20Company) The company did not control any structured entities during the reporting period - The company did not control any structured entities during the reporting period[93](index=93&type=chunk) [X. Risks Faced by the Company and Countermeasures](index=20&type=section&id=X.%20Risks%20Faced%20by%20the%20Company%20and%20Countermeasures) The company faces risks from macro environmental changes, project implementation, core technology leakage, personnel loss, and exchange rate fluctuations, with countermeasures including development strategies, product optimization, market expansion, improved incentives, confidentiality, and increased RMB settlement - Risks from macro environmental changes: The external environment is complex, and international trade protectionism is rising, which may affect the company's profitability. The company will respond by adhering to technological innovation, optimizing product structure, expanding markets, reducing costs and increasing efficiency, and lowering financial leverage[93](index=93&type=chunk) - Risks in implementing fund-raising projects: New capacity may not quickly achieve effective output and batch sales, influenced by macroeconomics and industrial policies. The company will carefully plan, strictly manage, and adopt targeted sales strategies[94](index=94&type=chunk) - Risks of core technology leakage and loss of core technical personnel: The company's technological innovation relies on core technical and key management personnel. The company has implemented equity incentives, confidentiality systems, and a positive corporate culture to protect core technology and stabilize its team[95](index=95&type=chunk) - Exchange rate fluctuation risk: Activated carbon product exports are settled in USD, and fluctuations in the RMB exchange rate against the USD affect performance. The company will mitigate this risk by increasing sales to foreign customers' domestic companies and raising the proportion of RMB settlements[96](index=96&type=chunk) [XI. Registration Form for Research, Communication, Interview, and Other Activities During the Reporting Period](index=21&type=section&id=XI.%20Registration%20Form%20for%20Research%2C%20Communication%2C%20Interview%2C%20and%20Other%20Activities%20During%20the%20Reporting%20Period) During the reporting period, the company hosted multiple institutional investor site visits (e.g., Guojin Securities, Changjiang Securities, Huachuang Securities) and participated in an online earnings briefing, primarily discussing its basic situation and future development strategy - During the reporting period, the company hosted multiple institutional investors for on-site research, including Guojin Securities, Changjiang Securities, Huachuang Securities, and Zhong Ou Asset Management[97](index=97&type=chunk) - The company also conducted an online communication session with all investors for its 2024 annual performance briefing via a network platform[97](index=97&type=chunk) - The main content of the research and communication activities focused on the company's basic situation and future development strategy[97](index=97&type=chunk) [XII. Formulation and Implementation of Market Value Management System and Valuation Enhancement Plan](index=21&type=section&id=XII.%20Formulation%20and%20Implementation%20of%20Market%20Value%20Management%20System%20and%20Valuation%20Enhancement%20Plan) The company did not formulate a market value management system or disclose a valuation enhancement plan during the reporting period - The company has not formulated a market value management system[98](index=98&type=chunk) - The company has not disclosed a valuation enhancement plan[98](index=98&type=chunk) [XIII. Implementation of the 'Quality and Return Dual Enhancement' Action Plan](index=21&type=section&id=XIII.%20Implementation%20of%20the%20%22Quality%20and%20Return%20Dual%20Enhancement%22%20Action%20Plan) The company did not disclose an announcement regarding the 'Quality and Return Dual Enhancement' action plan during the reporting period - The company did not disclose an announcement regarding the "Quality and Return Dual Enhancement" action plan[99](index=99&type=chunk) [Corporate Governance, Environment, and Society](index=21&type=section&id=Section%20IV%20Corporate%20Governance%2C%20Environment%2C%20and%20Society) This section details the company's governance structure, environmental protection efforts, and social responsibility initiatives [I. Changes in Directors, Supervisors, and Senior Management](index=21&type=section&id=I.%20Changes%20in%20Directors%2C%20Supervisors%2C%20and%20Senior%20Management) During the reporting period, Supervisor Board Chairman Xie Lixin, Supervisor Wang Limei, and Employee Representative Supervisor Sun Daibin resigned, and Li Libin was elected as an employee representative director, all adjusted in accordance with the Company Law Changes in Directors, Supervisors, and Senior Management | Name | Position Held | Type | Date | Reason | | :--- | :--- | :--- | :--- | :--- | | Xie Lixin | Chairman of Supervisory Board | Resignation | June 09, 2025 | Adjustment according to Company Law | | Wang Limei | Supervisor | Resignation | June 09, 2025 | Adjustment according to Company Law | | Sun Daibin | Employee Representative Supervisor | Resignation | June 09, 2025 | Adjustment according to Company Law | | Li Libin | Employee Representative Director | Elected | June 09, 2025 | Adjustment according to Company Law | [II. Profit Distribution and Capital Reserve Conversion to Share Capital During the Reporting Period](index=22&type=section&id=II.%20Profit%20Distribution%20and%20Capital%20Reserve%20Conversion%20to%20Share%20Capital%20During%20the%20Reporting%20Period) The company plans no interim cash dividends, bonus shares, or capital reserve conversions to share capital - The company plans no interim cash dividends, bonus shares, or capital reserve conversions to share capital[102](index=102&type=chunk) [III. Implementation of Equity Incentive Plans, Employee Stock Ownership Plans, or Other Employee Incentive Measures](index=22&type=section&id=III.%20Implementation%20of%20Equity%20Incentive%20Plans%2C%20Employee%20Stock%20Ownership%20Plans%2C%20or%20Other%20Employee%20Incentive%20Measures) During the reporting period, the company did not implement equity incentive plans but successfully executed 2024 and 2025 employee stock ownership plans involving directors, supervisors, senior management, and key employees, aiming to boost employee enthusiasm and cohesion [1. Equity Incentives](index=22&type=section&id=1.%20Equity%20Incentives) During the reporting period, the company did not implement any equity incentive plans - During the reporting period, the company did not implement any equity incentive plans[103](index=103&type=chunk) [2. Implementation of Employee Stock Ownership Plans](index=22&type=section&id=2.%20Implementation%20of%20Employee%20Stock%20Ownership%20Plans) The first lock-up period shares of the 2024 employee stock ownership plan have completed non-trading transfers, involving 264 employees. The 2025 employee stock ownership plan involves 284 directors, supervisors, senior management, and key employees, holding a total of 2,621,700 shares, accounting for 0.72% of the total share capital Status of All Effective Employee Stock Ownership Plans During the Reporting Period | Scope of Employees | Number of Employees | Total Shares Held (shares) | Changes | Proportion of Total Share Capital of Listed Company | Funding Sources for the Plan | | :--- | :--- | :--- | :--- | :--- | :--- | | 2024 Employee Stock Ownership Plan (participants include company directors, former supervisors, senior management, and key employees) | 265 | 1,228,750 | On May 20, 2025, the non-trading transfer of shares eligible for unlocking in the first lock-up period of this employee stock ownership plan was completed, involving 264 employee stock ownership plan holders, with 1,228,750 shares transferred. After this non-trading transfer, the remaining shares in this employee stock ownership plan are 1,228,750 shares | 0.34% | Employees' legal remuneration, self-raised funds, other legal and compliant methods, etc. | | 2025 Employee Stock Ownership Plan (participants include company directors, former supervisors, senior management, and key employees) | 284 | 2,621,700 | None | 0.72% | Employees' legal remuneration, self-raised funds, other legal and compliant methods, etc. | Shareholding of Directors, Supervisors, and Senior Management in Employee Stock Ownership Plans During the Reporting Period | Name | Position | Shares Held at Beginning of Reporting Period (shares) | Shares Held at End of Reporting Period (shares) | Proportion of Total Share Capital of Listed Company | | :--- | :--- | :--- | :--- | :--- | | Xu Wenxian | Chairman, General Manager | 68,200 | 105,300 | 0.03% | | Li Libin | Employee Representative Director, Deputy General Manager | 54,500 | 84,250 | 0.02% | | Xie Lixin | Former Chairman of Supervisory Board | 15,000 | 23,100 | 0.01% | | Wang Limei | Former Supervisor | 9,500 | 14,710 | 0.00% | | Sun Daibin | Former Employee Representative Supervisor | 5,400 | 8,360 | 0.00% | | Yao Shilin | Deputy General Manager | 40,900 | 63,050 | 0.02% | | Chi Xinjie | Financial Controller | 30,000 | 35,200 | 0.01% | | Luo Cong | Board Secretary | 30,000 | 35,200 | 0.01% | [3. Other Employee Incentive Measures](index=23&type=section&id=3.%20Other%20Employee%20Incentive%20Measures) The company had no other employee incentive measures during the reporting period - The company had no other employee incentive measures during the reporting period[105](index=105&type=chunk) [IV. Environmental Information Disclosure](index=23&type=section&id=IV.%20Environmental%20Information%20Disclosure) The company and its seven major subsidiaries are listed as legally required environmental information disclosure enterprises, having publicly disclosed relevant environmental data through designated systems in Fujian, Jiangxi, and Inner Mongolia Subsidiaries Included in the List of Enterprises Required to Disclose Environmental Information by Law | No. | Enterprise Name | Query Index for Environmental Information Disclosure Report | | :--- | :--- | :--- | | 1 | Nanping Yuanli Activated Carbon Co., Ltd. | Enterprise Environmental Information Disclosure System (Fujian) | | 2 | Jiangxi Yuanli Huaiyushan Activated Carbon Co., Ltd. | Enterprise Environmental Information Disclosure System (Jiangxi) | | 3 | Fujian Liyuan Activated Carbon Industrial Co., Ltd. | Enterprise Environmental Information Disclosure System (Fujian) | | 4 | Manzhouli Yuanli Activated Carbon Co., Ltd. | Enterprise Environmental Information Disclosure System (Inner Mongolia) | | 5 | Fujian Nanping Yuanhe Water Glass Co., Ltd. | Enterprise Environmental Information Disclosure System (Fujian) | | 6 | Fujian Nanping Sanyuan Circular Technology Co., Ltd. | Enterprise Environmental Information Disclosure System (Fujian) | | 7 | Fujian Nanping Sanyuan Thermal Power Energy Co., Ltd. | Enterprise Environmental Information Disclosure System (Fujian) | [V. Social Responsibility](index=23&type=section&id=V.%20Social%20Responsibility) While pursuing economic benefits, the company actively fulfills social responsibilities, protecting shareholder, employee, and stakeholder rights, committing to environmental protection and sustainable development, and engaging in public welfare initiatives - The company highly values the improvement of its governance structure and investor relations management, strictly fulfilling information disclosure obligations and communicating company value through diversified communication platforms[106](index=106&type=chunk) - The company adheres to the principles of "openness, fairness, and impartiality" in employment, prioritizes people, improves human resource management systems, and enhances employee motivation through employee stock ownership plans[107](index=107&type=chunk)[108](index=108&type=chunk) - The company emphasizes responsibility towards suppliers and customers, establishing a fair procurement system, strictly controlling product quality, and providing safe products and quality services[109](index=109&type=chunk) - The company vigorously carries out environmental protection work, achieving clean and energy-efficient production through independent innovation, strictly adhering to the ISO14001 environmental management system, and continuously investing in improving environmental protection technologies[110](index=110&type=chunk) - The company focuses on demonstrating social value, strengthening ties with local governments, residents, and public organizations to achieve multi-party win-win outcomes[111](index=111&type=chunk) [Significant Matters](index=25&type=section&id=Section%20V%20Significant%20Matters) This section details all significant events and developments that occurred during the reporting period, impacting the company's operations, finances, or governance [I. Fulfilled and Overdue Unfulfilled Commitments by Controlling Shareholder, Shareholders, Related Parties, Acquirers, and the Company as of the End of the Reporting Period](index=25&type=section&id=I.%20Fulfilled%20and%20Overdue%20Unfulfilled%20Commitments%20by%20Controlling%20Shareholder%2C%20Shareholders%2C%20Related%20Parties%2C%20Acquirers%2C%20and%20the%20Company%20as%20of%20the%20End%20of%20the%20Reporting%20Period) During the reporting period, the company's controlling shareholder, shareholders, and the company itself fulfilled all commitments on time, including those related to related-party transactions, independence, executive lock-up shares, non-competition, historical issues, patent ownership, bond-related pledges, and dividend policies, with no overdue unfulfilled commitments - Actual controllers Lu Yuanjian and Wang Yenan, regarding the transfer of 100% equity in Bingniao, committed to avoiding and reducing related-party transactions, strictly adhering to market principles, and not harming the company's interests by leveraging their controlling position[113](index=113&type=chunk) - The actual controllers committed to ensuring the company's independence in business, assets, finance, personnel, and organization, free from influence by other entities they control[113](index=113&type=chunk) - Executive Xu Wenxian committed not to transfer more than **25%** of his total company shares annually during his tenure, and not to transfer any shares within six months after leaving office[113](index=113&type=chunk) - The actual controllers committed not to engage in the production or operation of products or businesses that compete or may compete with the company[113](index=113&type=chunk)[114](index=114&type=chunk) - The actual controllers committed to bearing any losses the company might incur due to social security, housing provident fund补缴 (supplementary payments), historical capital contributions and profit distribution issues, or qualification license disputes[114](index=114&type=chunk) - The company committed not to undertake other bond or debt financing before the convertible bond conversion period begins, and confirmed that neither the company nor its subsidiaries are involved in real estate-related activities[114](index=114&type=chunk) - Company dividend commitment: For the years 2024-2026, the annual cash dividend distribution will be no less than **50%** of the distributable profit achieved in that year[114](index=114&type=chunk) - Actual controller Lu Yuanjian committed not to reduce his shareholdings in the company within twelve months after increasing them, and this commitment has been fulfilled[115](index=115&type=chunk) [II. Non-Operating Fund Occupation by Controlling Shareholder and Other Related Parties](index=27&type=section&id=II.%20Non-Operating%20Fund%20Occupation%20by%20Controlling%20Shareholder%20and%20Other%20Related%20Parties) During the reporting period, there was no non-operating fund occupation by the controlling shareholder or other related parties - During the reporting period, there was no non-operating fund occupation by the controlling shareholder or other related parties of the listed company[116](index=116&type=chunk) [III. Irregular External Guarantees](index=27&type=section&id=III.%20Irregular%20External%20Guarantees) The company had no irregular external guarantees during the reporting period - The company had no irregular external guarantees during the reporting period[117](index=117&type=chunk) [IV. Appointment and Dismissal of Accounting Firms](index=27&type=section&id=IV.%20Appointment%20and%20Dismissal%20of%20Accounting%20Firms) The company's semi-annual report was not audited - The company's semi-annual report was not audited[118](index=118&type=chunk) [V. Board of Directors, Supervisory Board, and Audit Committee's Explanation of the Accounting Firm's 'Non-Standard Audit Report' for the Current Period](index=27&type=section&id=V.%20Board%20of%20Directors%2C%20Supervisory%20Board%2C%20and%20Audit%20Committee's%20Explanation%20of%20the%20Accounting%20Firm's%20%22Non-Standard%20Audit%20Report%22%20for%20the%20Current%20Period) The company had no non-standard audit report during the reporting period, rendering this explanation inapplicable - The company had no non-standard audit report during the reporting period[119](index=119&type=chunk) [VI. Board of Directors' Explanation of the Previous Year's 'Non-Standard Audit Report'](index=27&type=section&id=VI.%20Board%20of%20Directors'%20Explanation%20of%20the%20Previous%20Year's%20%22Non-Standard%20Audit%20Report%22) The company had no non-standard audit report during the reporting period, rendering this explanation inapplicable - The company had no non-standard audit report during the reporting period[119](index=119&type=chunk) [VII. Bankruptcy and Reorganization Matters](index=27&type=section&id=VII.%20Bankruptcy%20and%20Reorganization%20Matters) The company did not experience any bankruptcy or reorganization matters during the reporting period - The company did not experience any bankruptcy or reorganization matters during the reporting period[119](index=119&type=chunk) [VIII. Litigation Matters](index=27&type=section&id=VIII.%20Litigation%20Matters) The company had no significant litigation or arbitration matters during the reporting period - The company had no significant litigation or arbitration matters during the reporting period[120](index=120&type=chunk) [IX. Penalties and Rectification](index=28&type=section&id=IX.%20Penalties%20and%20Rectification) The company had no penalties or rectification issues during the reporting period - The company had no penalties or rectification issues during the reporting period[121](index=121&type=chunk) [X. Integrity Status of the Company, its Controlling Shareholder, and Actual Controller](index=28&type=section&id=X.%20Integrity%20Status%20of%20the%20Company%2C%20its%20Controlling%20Shareholder%2C%20and%20Actual%20Controller) During the reporting period, there were no integrity issues concerning the company, its controlling shareholder, or actual controller - During the reporting period, there were no integrity issues concerning the company, its controlling shareholder, or actual controller[122](index=122&type=chunk) [XI. Significant Related-Party Transactions](index=28&type=section&id=XI.%20Significant%20Related-Party%20Transactions) During the reporting period, the company had no significant related-party transactions concerning daily operations, asset/equity acquisitions/disposals, or joint external investments; related-party debt existed with actual controller Lu Yuanjian owing CNY 49 million for equity acquisition and loan repayment, and no financial dealings with affiliated finance companies [1. Related-Party Transactions Related to Ordinary Operations](index=28&type=section&id=1.%20Related-Party%20Transactions%20Related%20to%20Ordinary%20Operations) The company had no related-party transactions related to ordinary operations during the reporting period - The company had no related-party transactions related to ordinary operations during the reporting period[122](index=122&type=chunk) [2. Related-Party Transactions Involving Asset or Equity Acquisitions and Disposals](index=28&type=section&id=2.%20Related-Party%20Transactions%20Involving%20Asset%20or%20Equity%20Acquisitions%20and%20Disposals) The company had no related-party transactions involving asset or equity acquisitions and disposals during the reporting period - The company had no related-party transactions involving asset or equity acquisitions and disposals during the reporting period[123](index=123&type=chunk) [3. Related-Party Transactions Involving Joint External Investments](index=28&type=section&id=3.%20Related-Party%20Transactions%20Involving%20Joint%20External%20Investments) The company had no related-party transactions involving joint external investments during the reporting period - The company had no related-party transactions involving joint external investments during the reporting period[124](index=124&type=chunk) [4. Related-Party Debt and Credit Transactions](index=28&type=section&id=4.%20Related-Party%20Debt%20and%20Credit%20Transactions) As of the end of the reporting period, the company owed actual controller Lu Yuanjian CNY 49 million, primarily due to equity acquisition and loan repayment Debt Owed to Related Parties | Related Party | Related Relationship | Reason for Formation | Beginning Balance (CNY million) | Amount Added in Current Period (CNY million) | Amount Repaid in Current Period (CNY million) | Interest Rate | Interest in Current Period (CNY million) | Ending Balance (CNY million) | | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | | Lu Yuanjian | Actual Controller | Equity acquisition and loan repayment | 49.00 | | | | | 49.00 | [5. Dealings with Affiliated Finance Companies](index=28&type=section&id=5.%20Dealings%20with%20Affiliated%20Finance%20Companies) The company had no deposits, loans, credit lines, or other financial business with affiliated finance companies or finance companies controlled by the company and related parties - The company had no deposits, loans, credit lines, or other financial business with affiliated finance companies or finance companies controlled by the company and related parties[126](index=126&type=chunk) [6. Dealings Between the Company's Controlled Finance Company and Related Parties](index=28&type=section&id=6.%20Dealings%20Between%20the%20Company's%20Controlled%20Finance%20Company%20and%20Related%20Parties) The company's controlled finance company had no deposits, loans, credit lines, or other financial business with related parties - The company's controlled finance company had no deposits, loans, credit lines, or other financial business with related parties[127](index=127&type=chunk) [7. Other Significant Related-Party Transactions](index=28&type=section&id=7.%20Other%20Significant%20Related-Party%20Transactions) The company had no other significant related-party transactions during the reporting period - The company had no other significant related-party transactions during the reporting period[128](index=128&type=chunk) [XII. Significant Contracts and Their Performance](index=29&type=section&id=XII.%20Significant%20Contracts%20and%20Their%20Performance) During the reporting period, the company had no trusteeship, contracting, leasing, or significant ordinary business contracts; it provided guarantees totaling CNY 429 million for subsidiaries, representing 12.59% of its net assets [1. Trusteeship, Contracting, and Leasing Matters](index=29&type=section&id=1.%20Trusteeship%2C%20Contracting%2C%20and%20Leasing%20Matters) The company had no trusteeship, contracting, or leasing matters during the reporting period - The company had no trusteeship matters during the reporting period[129](index=129&type=chunk) - The company had no contracting matters during the reporting period[130](index=130&type=chunk) - The company had no leasing matters during the reporting period[131](index=131&type=chunk) [2. Significant Guarantees](index=29&type=section&id=2.%20Significant%20Guarantees) During the reporting period, the company provided guarantees totaling CNY 429 million for subsidiaries, representing 12.59% of its net assets. No guarantees were provided for shareholders, actual controllers, or their related parties, nor for guaranteed entities with asset-liability ratios exceeding 70% Company Guarantees for Subsidiaries | Name of Guaranteed Party | Guarantee Limit (CNY million) | Announcement Disclosure Date for Guarantee Limit | Actual Occurrence Date | Actual Guarantee Amount (CNY million) | Guarantee Type | Guarantee Period | Fulfilled | Is it a Related-Party Guarantee | | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | | Company to Subsidiaries | 1,000.00 | April 26, 2025 | January 10, 2025 | 429.00 | Guarantee | September 28, 2026 | No | No | - The total approved guarantee limit for subsidiaries during the reporting period was **CNY 1,000 million**, with an actual amount incurred of **CNY 340 million**[133](index=133&type=chunk) - The actual guarantee balance for subsidiaries at the end of the reporting period totaled **CNY 429 million**, accounting for **12.59%** of the company's net assets[133](index=133&type=chunk) - The company did not provide guarantees for shareholders, actual controllers, or their related parties, nor did it directly or indirectly provide debt guarantees for guaranteed entities with an asset-liability ratio exceeding **70%**[133](index=133&type=chunk) [3. Significant Contracts in Ordinary Operations](index=29&type=section&id=3.%20Significant%20Contracts%20in%20Ordinary%20Operations) The company had no significant contracts in ordinary operations during the reporting period - The company had no significant contracts in ordinary operations during the reporting period[134](index=134&type=chunk) [4. Other Significant Contracts](index=30&type=section&id=4.%20Other%20Significant%20Contracts) The company had no other significant contracts during the reporting period - The company had no other significant contracts during the reporting period[135](index=135&type=chunk) [XIII. Explanation of Other Significant Matters](index=30&type=section&id=XIII.%20Explanation%20of%20Other%20Significant%20Matters) In March 2025, the company completed the cancellation of 2022 repurchased shares, reducing total share capital and registered capital, and revised its Articles of Association and governance rules to transfer supervisory board functions to the board's audit committee - On March 11, 2025, the company completed the cancellation of all 1,642,500 shares repurchased in 2022 that had not yet been used[136](index=136&type=chunk) - Following the cancellation, the company's total share capital changed from 365,852,860 shares to 364,210,360 shares, with a corresponding reduction in registered capital and paid-in capital[136](index=136&type=chunk) - The company revised its Articles of Association and related governance systems, transferring the functions of the supervisory board to the board of directors' audit committee[136](index=136&type=chunk) [XIV. Significant Matters of Company Subsidiaries](index=30&type=section&id=XIV.%20Significant%20Matters%20of%20Company%20Subsidiaries) In January 2025, the company established wholly-owned subsidiary Yuanli Carbon Silicon Materials (Cambodia) Co., Ltd.; in March 2025, wholly-owned subsidiary Sanyuan Circular gratuitously transferred its 100% equity in Yuanhe Water Glass and Yuanli Silicon Materials (Nanping) to the company - In January 2025, the company established a wholly-owned subsidiary, Yuanli Carbon Silicon Materials (Cambodia) Co., Ltd.[137](index=137&type=chunk) - In March 2025, the company's wholly-owned subsidiary Sanyuan Circular gratuitously transferred its 100% equity in Yuanhe Water Glass and Yuanli Silicon Materials (Nanping) to the company, making the company a direct holder of these equities[137](index=137&type=ch

Group 1 - As of August 22, 2025, the stock price of Yuanli Co., Ltd. closed at 17.85 yuan, down 0.15 yuan or 0.83% from the previous trading day [1] - The stock opened at 18.02 yuan, reached a high of 18.70 yuan, and a low of 17.72 yuan, with a trading volume of 259,400 hands and a transaction amount of 473 million yuan [1] - Yuanli Co., Ltd. operates in the chemical products industry, focusing on the research, production, and sales of activated carbon and white carbon black, with applications in food, pharmaceuticals, and chemicals [1] Group 2 - On the morning of August 22, Yuanli Co., Ltd. experienced a rapid rebound, with a rise of over 2% within 5 minutes, peaking at 18.32 yuan [1] - The net outflow of main funds on that day was 30.37 million yuan, accounting for 0.47% of the circulating market value [1] - Over the past five trading days, the cumulative net inflow of main funds was 39.10 million yuan [1]

一、本次交易概述 公司拟筹划收购福建同晟新材料科技股份公司控制权事宜。（以 下简称"本次交易"） 证券代码：300174 证券简称：元力股份 公告编号：2025-053 福建元力活性炭股份有限公司 关于筹划发行股份及支付现金购买资产并募集配套资金 暨关联交易事项的进展公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 特别提示： 年 7 月 25 日披露的《福建元力活性炭股份有限公司发行股份及支付现 金购买资产并募集配套资金暨关联交易预案》（以下简称"本次交易 预案"）及其摘要中已对本次交易涉及的风险因素及尚需履行的审批 程序进行了详细说明，公司将根据相关事项的进展情况，及时履行信 息披露义务，提请广大投资者关注后续进展公告并注意投资风险。 公司尚未发现可能导致公司董事会或者交易对方撤销、中止本次交易 或者对本次交易作出实质性变更的相关事项，本次交易工作正在有序 进行中。 本次交易构成关联交易，预计不构成重大资产重组，且不构成重 组上市。 二、本次交易的历史披露情况 福建元力活性炭股份有限公司董事会 二〇二五年八月二十三日 自本次交易预案披露以来，公司及相关 ...

证券代码：300174 证券简称：元力股份 公告编号：2025-053 福建元力活性炭股份有限公司 关于筹划发行股份及支付现金购买资产并募集配套资金 暨关联交易事项的进展公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 特别提示： 1、福建元力活性炭股份有限公司（以下简称"公司"）于 2025 年 7 月 25 日披露的《福建元力活性炭股份有限公司发行股份及支付现 金购买资产并募集配套资金暨关联交易预案》（以下简称"本次交易 预案"）及其摘要中已对本次交易涉及的风险因素及尚需履行的审批 程序进行了详细说明，公司将根据相关事项的进展情况，及时履行信 息披露义务，提请广大投资者关注后续进展公告并注意投资风险。 2、截至本公告披露日，除本次交易预案中披露的有关风险因素外， 公司尚未发现可能导致公司董事会或者交易对方撤销、中止本次交易 或者对本次交易作出实质性变更的相关事项，本次交易工作正在有序 进行中。 四、风险提示 一、本次交易概述 公司拟筹划收购福建同晟新材料科技股份公司控制权事宜。（以 下简称"本次交易"） 本次交易构成关联交易，预计不构成重大资产重组，且 ...

南财智讯8月19日电，元力股份公告，福建三安集团有限公司（简称"三安集团"）已完成其于2025年5月 15日公布的减持计划。三安集团通过集中竞价和大宗交易的方式，累计减持1078.71万股，占公司总股 本（剔除回购股份后）的2.9783%，减持完成后，三安集团的持股比例降至2.9476%，不再为公司持股 5%以上的股东。此次减持符合相关法律法规的规定，且不会导致公司控制权发生变化。 ...

证券时报•数据宝统计显示，元力股份今日收盘价为18.33元，上涨4.44%，日换手率为13.23%，成交额 为8.71亿元，全天主力资金净流入653.15万元，近5日该股累计上涨18.11%，近5日资金合计净流入1.03 亿元。 两融数据显示，该股最新融资余额为5.07亿元，近5日增加265.52万元，增幅为0.53%。（数据宝） （原标题：元力股份现12笔大宗交易 均为折价成交） 元力股份8月19日大宗交易平台共发生12笔成交，合计成交量718.94万股，成交金额1.17亿元。成交价格 均为16.32元，相对今日收盘价折价10.97%。 8月19日元力股份大宗交易一览 注：本文系新闻报道，不构成投资建议，股市有风险，投资需谨慎。 | 成交 | 成交金 | 成交价 | 相对当 日 | | | | --- | --- | --- | --- | --- | --- | | 量 | 额 | | | 买方营业部 | 卖方营业部 | | （万 | （万 | 格 | 收盘折 | | | | 股） | 元） | （元） | 溢价 | | | | | | | （%） | | | | 200.00 | 3264.00 | 1 ...

福建元力活性炭股份有限公司 关于股东减持计划实施完成的公告 公司股东福建三安集团有限公司保证向本公司提供的信息内容真实、准确、 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。 证券代码：300174 证券简称：元力股份 公告编号：2025-052 福建元力活性炭股份有限公司（以下简称"公司"）于2025年5 月15日披露了《关于持股5%以上股东减持股份预披露公告》（公告编 号：2024-031）：公司持股5%以上股东福建三安集团有限公司（以下 简称"三安集团"）计划自该公告披露之日起十五个交易日后的三个 月内，计划通过集中竞价方式和/或大宗交易方式减持合计不超过 10,787,100股，占公司总股本（已剔除公司回购专用账户中的股份数 量）3%。减持期间：（1）通过集中竞价方式减持的，减持股份的总 数不超过公司剔除回购股份后总股本的1%；（2）通过大宗交易方式 减持的，减持股份的总数不超过公司剔除回购股份后总股本的2%。 公司于今日收到三安集团出具的《关于减持股份触及1%的整数倍 暨减持计划实施完毕的告知函》，获悉三安集团减持计划已实施完成， 现将 ...