证券代码：300283 证券简称：温州宏丰 转债代码：123141 债券简称：宏丰转债 温州宏丰电工合金股份有限公司 向不特定对象发行可转换公司债券 2025 年第三次临时受托管理事务报告 债券受托管理人 二〇二五年七月 重要声明 本报告依据《可转换公司债券管理办法》（以下简称"管理办法"）《温州宏丰电工 合金股份有限公司 2021 年可转换公司债券受托管理协议》（以下简称"受托管理协议"） 《温州宏丰电工合金股份有限公司向不特定对象发行可转换公司债券募集说明书》（以下 简称"募集说明书"）等相关公开信息披露文件、第三方中介机构出具的专业意见等，由 本期可转换公司债券受托管理人中德证券有限责任公司（以下简称"中德证券"）编制。 本报告不构成对投资者进行或不进行某项行为的推荐意见，投资者应对相关事宜做出 独立判断，而不应将本报告中的任何内容据以作为中德证券所作的承诺或声明。在任何情 况下，投资者依据本报告所进行的任何作为或不作为，中德证券不承担任何责任。 第一节 本次债券概况 一、 核准文件及核准规模 本次向不特定对象发行可转债的方案及相关事项已于 2021 年 2 月 19 日经温州宏丰电 工合金股份有限公司 ...

1. Company Events 1.1 Regulatory Actions - Xianyang Financial Holding Group Co., Ltd. was warned and ordered to rectify for non - market - oriented issuance of debt financing instruments in 2020, and Xianyang Finance and Investment Holding Co., Ltd., which provided convenience, was also warned [2] - Taixing Zhiguang Environmental Protection Technology Co., Ltd.'s subsidiary was fined 4 million yuan for financial fraud from 2021, and its executives were also fined [2] 1.2 Litigation - Mengzi New Urbanization Development Investment Co., Ltd. announced the progress of four lawsuits as of June 30, 2025, with a total involved amount of 54.3326 million yuan, and one case worth 5.592 million yuan was settled [2] 1.3 Ownership Changes - Zhejiang Hanghai New City Holding Group Co., Ltd.'s controlling shareholder changed from Haining State - owned Assets Office to Zhejiang Hanghai Asset Operation Co., Ltd. through a free transfer of 100% equity, while the actual controller remained unchanged [2] - After Suzhou International Development Group Co., Ltd. and its affiliated Dongwu Securities increased their holdings in Suzhou Bank, they became the controlling shareholders with 15.00% of shares, and the Suzhou Finance Bureau became the actual controller [2] - The Ministry of Finance transferred its shares in China Orient Asset Management Co., Ltd. to Central Huijin Investment Co., Ltd., which then held 71.55% of shares and became the actual controller of Orient Asset Management (China) Co., Ltd. [2] 1.4 Name Change - Hefei High - tech Urban Development Group Co., Ltd. changed its name from Hefei High - tech Co., Ltd., and the change did not affect its issued bonds, with all rights and obligations inherited [3] 1.5 Credit Rating Changes - Credit rating upgrades: Yueyang Urban Construction Investment Group Co., Ltd. was upgraded from AA+ to AAA; Xiamen Xiangyu Group Co., Ltd. was upgraded from BBB+ to A -; Ba Zhong State - owned Capital Operation Group Co., Ltd. was upgraded from AA to AA+; Qinhuangdao Bank Co., Ltd. was upgraded from AA to AA+; Chengdu Xiangcheng Investment Group Co., Ltd. was upgraded from AA+ to AAA; Chengdu Ronghe Investment Development Group Co., Ltd. was upgraded from AA to AA+ [3] - Credit rating downgrades: Heilongjiang Chuangda Group Co., Ltd. was downgraded from AA to A+; Shuangliang Energy - Saving System Co., Ltd. was downgraded from AA to AA -; Wenzhou Hongfeng Electrical Alloy Co., Ltd. was downgraded from A to BB+ [3] 1.6 Other Events - Qingdao Economic and Technological Development Zone Investment Holding Group Co., Ltd.'s subsidiary, Shanda Shenghua, received a warning letter from Shandong Securities Regulatory Bureau for insider information registration management violations [2] - Li Dong, the deputy general manager of Guangxi Liuzhou Urban Construction Investment Development Group Co., Ltd., is suspected of serious disciplinary violations and is under investigation, and the issuer has 12 outstanding bonds with a total balance of 8.654 billion yuan [2]

温州宏丰电工合金股份有限公司 2025 年第二季度可转换公司债券转股情况的公告 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、宏丰转债（债券代码：123141）转股期限为 2022 年 9 月 21 日至 2028 年 3 月 14 日，当前转股价格为人民币 5.35 元/股； 2、2025 年第二季度，共有 10 张"宏丰转债"完成转股（票面金额共计 1,000 元人民币），合计转成 186 股"温州宏丰"股票（股票代码：300283）； | 证券代码：300283 | 证券简称：温州宏丰 | 编号：2025-063 | | --- | --- | --- | | 债券代码：123141 | 债券简称：宏丰转债 | | 3、截至 2025 年第二季度末，公司剩余可转换公司债券为 3,201,830 张，剩 余票面总金额为 320,183,000 元人民币。 根据《深圳证券交易所创业板股票上市规则》《深圳证券交易所上市公司自 律监管指引第 15 号——可转换公司债券》等有关规定，温州宏丰电工合金股份 有限公司（以下简称"公司"）现将 2025 ...

Key Points - The company, Wenzhou Hongfeng Electrical Alloy Co., Ltd., issued convertible bonds totaling RMB 321.26 million, with a net amount of RMB 315.06 million after deducting issuance costs [1][9][10] - The bonds have a maturity of six years, with an annual interest rate that increases from 0.5% in the first year to 3.0% in the sixth year [1][3] - The initial conversion price for the bonds is set at RMB 6.92 per share, with provisions for adjustments based on various corporate actions [3][4][5] - The funds raised will be used for projects including the production of high-end precision hard alloy rods, with a total investment of RMB 359.03 million [9][12] - The company reported a net loss of RMB 73.67 million for 2024, a significant decline compared to the previous year's profit, attributed to high costs and ongoing project developments [10][11] - The company has established special accounts for the management of the raised funds, ensuring proper oversight and usage [11][12] - The credit rating for the bonds has been maintained at level A, with a stable outlook, as assessed by Zhongzheng Pengyuan Credit Rating Co., Ltd. [9][10]

Core Viewpoint - The credit rating of Wenzhou Hongfeng Electric Alloy Co., Ltd. has been downgraded to BBB+ due to ongoing losses in its lithium battery copper foil business, high costs, and increasing debt levels, despite stable performance in its core products [3][6][11]. Financial Performance - The company's total assets increased from 24.66 billion in 2022 to 34.17 billion in 2025, while total debt rose from 11.41 billion to 19.50 billion during the same period [3][6]. - The net profit for 2024 is projected to be a loss of 1.15 billion, continuing a trend of negative net profits into 2025 [6][11]. - Operating cash flow has been negative for three consecutive years, indicating ongoing liquidity issues [6][11]. Business Segments - The electric contact and functional composite materials segment is expected to generate revenues of 23.77 billion in 2024, with a year-on-year growth of 17.04% and a gross profit of 2.97 billion, reflecting a 35.03% increase [4][12]. - The lithium battery copper foil business remains in the trial production and expansion phase, with significant losses impacting overall profitability [6][11]. - The hard alloy segment is experiencing a slight recovery, with revenues expected to grow due to increased sales volume, although profit margins are under pressure from rising raw material costs [12][14]. Market Environment - The electric contact materials industry is heavily influenced by macroeconomic conditions and is characterized by high competition and reliance on raw material prices [8][10]. - The lithium battery copper foil market is facing structural imbalances, with total domestic production capacity estimated at 200-210 thousand tons per year, of which approximately 70% is for lithium batteries [11][12]. - The hard alloy industry is expected to see continued growth in sales volume, driven by high demand and a tight supply of tungsten, a key raw material [10][11]. Corporate Governance - The company's major shareholders remain unchanged, with a slight increase in their ownership to 43.09% as of March 2025 [6][7]. - Recent changes in the board include the appointment of new independent directors, indicating ongoing governance adjustments [7][8].

证券代码：300283 证券简称：温州宏丰 转债代码：123141 债券简称：宏丰转债 温州宏丰电工合金股份有限公司 向不特定对象发行可转换公司债券 受托管理事务报告 （2024 年度） 债券受托管理人 二〇二五年六月 1 重要声明 本报告依据《可转换公司债券管理办法》（以下简称"管理办法"）《温州 宏丰电工合金股份有限公司 2021 年可转换公司债券受托管理协议》（以下简称 "受托管理协议"）《温州宏丰电工合金股份有限公司向不特定对象发行可转换 公司债券募集说明书》（以下简称"募集说明书"）《温州宏丰电工合金股份有 限公司 2024 年年度报告》等相关公开信息披露文件、第三方中介机构出具的专 业意见等，由本期可转换公司债券受托管理人中德证券有限责任公司（以下简称 "中德证券"）编制。中德证券对本报告中所包含的从上述文件中引述内容和信 息未进行独立验证，也不就该等引述内容和信息的真实性、准确性和完整性做出 任何保证或承担任何责任。 本报告不构成对投资者进行或不进行某项行为的推荐意见，投资者应对相关 事宜做出独立判断，而不应将本报告中的任何内容据以作为中德证券所作的承诺 或声明。在任何情况下，投资者依据本报告所 ...

温州宏丰电工合金股份有限公司 相关债券 2025 年跟踪评级报告 中鹏信评【2025】跟踪第【792】号 01 信用评级报告声明 除因本次评级事项本评级机构与评级对象构成委托关系外，本评级机构及评级从业人员与评级对象不存 在任何足以影响评级行为独立、客观、公正的关联关系。 本评级机构与评级从业人员已履行尽职调查义务，有充分理由保证所出具的评级报告遵循了真实、客观、 公正原则，但不对评级对象及其相关方提供或已正式对外公布信息的合法性、真实性、准确性和完整性 作任何保证。 本评级机构依据内部信用评级标准和工作程序对评级结果作出独立判断，不受任何组织或个人的影响。 温州宏丰电工合金股份有限公司相关债券2025年跟踪评级报告 评级结果 本评级报告观点仅为本评级机构对评级对象信用状况的个体意见，不作为购买、出售、持有任何证券的 建议。本评级机构不对任何机构或个人因使用本评级报告及评级结果而导致的任何损失负责。 本次评级结果自本评级报告所注明日期起生效，有效期为被评证券的存续期。同时，本评级机构已对受 评对象的跟踪评级事项做出了明确安排，并有权在被评证券存续期间变更信用评级。本评级机构提醒报 告使用者应及时登陆本公司网站 ...

Group 1 - Beixin Road and Bridge's application for issuing shares to specific targets has been approved by the Shenzhen Stock Exchange, pending approval from the China Securities Regulatory Commission [1] - Wangbian Electric's shareholders plan to reduce their holdings by a total of up to 2.99% of the company's shares, with specific reductions detailed for each shareholder [1] - Guotou Zhonglu is planning a major asset restructuring, leading to a suspension of its stock trading for up to 10 trading days [2] Group 2 - Baiotai has signed a licensing agreement with SteinCares for the commercialization of BAT2406 in Brazil and Latin America, with total payments potentially reaching up to $10 million [3] - Dongfang Bio has obtained two medical device registration certificates for its products, which are valid until June 1, 2030 [4] - Pulaike's subsidiary has received a new veterinary drug registration certificate [5] Group 3 - Wanyi Technology has signed an agreement to establish a joint laboratory with the Energy Research Institute, with a total research and development budget of 6 million yuan [6] - Yingboer plans to use up to 300 million yuan of idle funds for financial management [7] - Blue Biological has received two new veterinary drug registration certificates [8] Group 4 - Jinkai New Energy intends to inject up to 1.247 billion yuan into its wholly-owned subsidiary to enhance its operational capabilities [9] - China Pacific Insurance's assistant general manager's qualification has been approved [10] - Zhaoyan New Drug is reducing its registered capital and notifying creditors [11] Group 5 - Weili Medical plans to invest 37.5 million yuan in establishing a medical industry investment fund [12] - Hongbai New Materials has signed a deposit agreement for idle raised funds [13] - Tongyou Technology is applying for a credit limit of 10 million yuan from a bank [14] Group 6 - Warner Pharmaceutical's subsidiary has received approval for its magnesium sulfate raw material drug [15] - Fuda Co. plans to establish a wholly-owned subsidiary with a capital contribution of 475 million yuan [16] - Yabao Pharmaceutical has obtained a loan commitment letter for stock repurchase of up to 90 million yuan [17] Group 7 - Zhongyin Securities' chairman has resigned due to work adjustments [18] - Aili Home has terminated its share reduction plan ahead of schedule [19] - Samsung New Materials has appointed a new financial officer [20] Group 8 - Guobang Pharmaceutical's subsidiary has received EU GMP certification for its product [21] - Yipin Hong has received a drug registration certificate for its injection solution [22] - Wenzhou Hongfeng's subsidiary has obtained a utility model patent certificate [23] Group 9 - Cangge Mining plans to sign a financial service agreement with Zijin Mining Group [24] - Naipu Mining's application for convertible bonds has been accepted by the Shenzhen Stock Exchange [25] - Shenyang Machine Tool has completed its major asset restructuring [26] Group 10 - Xinlaifu plans to distribute a cash dividend of 5 yuan per 10 shares [27] - Jiashitang plans to distribute a cash dividend of 1.7 yuan per 10 shares [28] - Manbuer plans to distribute a cash dividend of 2.5 yuan per 10 shares [29] Group 11 - Guo Wang Yingda plans to distribute a cash dividend of 0.51 yuan per 10 shares [30] - Changsha Bank's shareholder plans to reduce holdings by up to 0.92% [31] - Hu Nong Commercial Bank plans to distribute a cash dividend of 1.93 yuan per 10 shares [32] Group 12 - Huaxiang Co. plans to distribute a cash dividend of 1.17 yuan per 10 shares [33]

Group 1 - Wenzhou Hongfeng (300283) announced that its subsidiary, Zhejiang Hongfeng Copper Foil Co., Ltd., has received a utility model patent certificate from the National Intellectual Property Administration for a "Polishing Device for the Edge of a Copper Foil Machine" [1] - The patent number is "ZL202422197490.0," with an application date of September 9, 2024, and an authorization announcement date of June 20, 2025 [1] - The patent has a validity period of ten years from the application date, which will enhance the company's and its subsidiaries' competitive edge through the establishment of a continuous innovation mechanism [1] Group 2 - Yipin Hong (300723) announced that its wholly-owned subsidiary has obtained a registration certificate for injectable zoledronic acid concentrated solution, which is classified as a Category B product under the national medical insurance scheme [1] - The approved injectable zoledronic acid concentrated solution was registered as a Class 4 chemical drug, which is considered equivalent to passing the consistency evaluation [1]

温州宏丰电工合金股份有限公司（以下简称"公司"）控股子公司浙江宏丰 铜箔有限公司于近日收到由国家知识产权局颁发的 1 项实用新型专利证书，具体 情况如下： | 一种生箔机边部抛 | ZL202422197490.0 | 2024 9 日 | 年 | 月 | 9 | 2025 6 | 年 | 月 | 20 日 | CN 223000261 | U | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 专利名称 光装置 | 专利号 | 专利申请日 | | | | 授权公告日 | | | | 授权公告号 | | | 证券代码：300283 | 证券简称：温州宏丰 | 编号：2025-062 | | --- | --- | --- | | 债券代码：123141 | 债券简称：宏丰转债 | | 温州宏丰电工合金股份有限公司 注：上述实用新型专利的专利权期限为十年，自申请日起算。 关于子公司获得实用新型专利证书的公告 上述专利的取得不会对公司短期业绩产生重大影响，有利于发挥公司及子公 司自主知识产权优势，形成持续创新机 ...