Core Viewpoint - The company announced the resignation of non-independent director Shao Zeheng due to adjustments in the corporate governance structure, effective immediately upon delivery of the resignation report to the board [1] Group 1 - Shao Zeheng will continue to hold other positions within the company after resigning from the board [1] - His original term was set to last until the end of the sixth board session, and his resignation will not reduce the board's membership below the legal minimum [1] - As of the announcement date, Shao Zeheng holds 55,861 shares in the company and will continue to manage these shares according to relevant regulations after his resignation [1]

Group 1 - The company, Ruifeng High Materials, announced the convening of its sixth board meeting on October 31, 2025, to discuss the appointment of a new deputy general manager [1] - For the year 2024, the revenue composition of Ruifeng High Materials is as follows: PVC additives account for 94.35%, engineering plastic additives account for 5.33%, and others account for 0.31% [1] - As of the report date, the market capitalization of Ruifeng High Materials is 2.8 billion yuan [1]

Core Viewpoint - The company is focusing on the development of battery anode materials, particularly through the use of black phosphorus, which is a significant downstream application area for this material [2]. Group 1: Research and Development - The company has conducted extensive research on battery anode materials, specifically by optimizing the mechanical milling process to combine black phosphorus with graphite and other materials to create high-performance phosphorus-carbon anode materials [2]. - Performance testing of phosphorus-carbon anode materials is being carried out, including assessments in both non-solid-state and solid-state battery systems [2]. Group 2: Business Development - The experimental results indicate that phosphorus-carbon anode materials can be effectively utilized in solid-state battery systems [2]. - The company places a high emphasis on the development of its black phosphorus business; however, it is still in the early stages of industrialization, and it is not expected to have a significant impact on the company's performance in the short term [2].

Core Viewpoint - As of October 20, 2025, the total number of shareholders for Ruifeng High Materials (300243) is reported to be 18,030 [1] Company Summary - Ruifeng High Materials has a total of 18,030 shareholders as of the specified date [1]

Group 1 - The company, Ruifeng High Materials, primarily focuses on the production of PVC additives, engineering plastic additives, biodegradable materials such as PBAT, and polyester materials like PETG/PCTG [2]

Core Viewpoint - Ruifeng High Materials has completed the installation of its black phosphorus pilot-scale testing equipment and is now in the debugging phase, with plans to start trial production after debugging is completed [2] Group 1 - The company’s subsidiary, Ruifeng Yueneng, is responsible for the black phosphorus pilot-scale testing equipment [2] - The equipment installation work has been completed, indicating progress in the company's operational capabilities [2] - The next step involves debugging the equipment before initiating trial production, which suggests a timeline for future production activities [2]

Group 1 - The company has completed the installation of its black phosphorus pilot-scale testing equipment by the end of September and is currently in the debugging phase [2] - After the debugging is completed, the company will proceed to trial production [2]

Group 1 - The company has conducted extensive research on battery anode materials, particularly focusing on black phosphorus as a significant downstream application [2] - The company has developed high-performance phosphorus-carbon anode materials by optimizing the mechanical ball milling process with black phosphorus and graphite [2] - Performance testing of phosphorus-carbon anode materials is being conducted for both non-solid-state and solid-state battery systems, with results indicating compatibility for solid-state applications [2] Group 2 - The company places high importance on the development of its black phosphorus business, although it is still in the early stages of industrialization [2] - Short-term expectations indicate that the black phosphorus business will not have a significant impact on the company's performance [2]

Group 1 - The company has completed the installation of the black phosphorus pilot production equipment and has entered the debugging phase [2] - After the debugging is completed, the company will proceed with trial production [2]

Core Viewpoint - The company has completed the installation of its black phosphorus pilot-scale testing equipment and is now entering the debugging phase, with plans to start trial production after debugging is completed [1] Group 1 - The company's subsidiary, Ruifeng Yueneng, is responsible for the black phosphorus pilot-scale testing equipment [1] - The equipment installation work has been completed as of October 27 [1] - The next step involves debugging the equipment before initiating trial production [1]