一、基本情况概述 公司分别于 2025 年 3 月 26 日召开第六届董事会第十次会议、2025 年 4 月 14 日召开 2025 年第三次临时股东大会，分别审议通过了：1、《关于向金融机构 申请综合授信额度的议案》，同意公司及子公司拟向金融机构申请不超过人民币 20 亿元的综合授信额度（包含前期已申请且在有效期的额度），授信业务包括但 不限于流动资金贷款、并购贷款、项目贷款、保函、信用证、票据贴现等综合业 务，具体授信业务品种、额度、业务期限和利率，以各方签署的合同为准，有效 期自本次股东会审议通过之日起至下一个年度股东会时止。授信期限内，授信额 度可循环使用，无需公司另行出具决议。2、《关于对外担保额度预计的议案》， 同意公司对 2025 年度合并报表内的公司提供担保，担保额度预计 15 亿元人民 币，担保方式包括但不限于保证、抵押、质押等，有效期自本次股东大会审议通 过之日起至下一个年度股东大会时止。 证券代码：300340 证券简称：科恒股份 公告编号：2025-065 江门市科恒实业股份有限公司 关于全资子公司申请综合授信额度并接受公司及控股股东 担保事项的进展公告 本公司及董事会全体成员保证信息 ...

Core Viewpoint - The solid-state battery sector is experiencing significant stock price increases, particularly for companies like Keheng Co., Ltd. (科恒股份), Jin Yinhe (金银河), and Dexin Technology (德新科技), despite their poor financial performance and ongoing losses [1][2][3] Company Performance - Keheng Co., Ltd. reported a cumulative loss of 11.72 billion yuan over three years, with a net profit of -1.92 billion yuan in 2024, although it showed a 117.15% improvement in net profit compared to the previous year [2][4][5] - The company's revenue for 2024 was 21.23 billion yuan, down 29.92% from the previous year, with significant declines in both its new energy cathode materials and intelligent equipment segments [5][6] - Jin Yinhe's revenue for 2024 was 15.09 billion yuan, a decrease of 33.00% from the previous year, and it reported a net loss of 807.15 million yuan [10] - Dexin Technology's revenue for 2024 was 3.64 billion yuan, down 35.22% from the previous year, with a net loss of 1.51 billion yuan [10][11] Industry Trends - The solid-state battery sector is anticipated to undergo critical technological breakthroughs in the next 3 to 5 years, with expectations for commercial applications and increased market share for sodium-ion batteries [8] - The market for new energy cathode materials and intelligent equipment is rapidly growing, with China becoming a leading manufacturer and exporter of lithium battery materials [8] - The lithium battery equipment market reached 90 billion yuan in 2023, with a projected decline to 75 billion yuan in 2024, indicating volatility but an overall positive trend [8][9]

证券代码：300340 证券简称：科恒股份 公告编号：2025-064 江门市科恒实业股份有限公司 关于持股5%以上股东部分股份被司法冻结的公告 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。 江门市科恒实业股份有限公司（以下称"公司"）于近日收到公司持股 5%以 上股东万国江先生通知，获悉其持有本公司的部分股份被司法冻结。公司通过中 国证券登记结算有限责任公司深圳分公司系统查询确认前述司法冻结的情况。具 体事项如下： | 股东名 | | 是 否 为 控 股 股 东 或 第 | 本次冻 结数量 | 占 其 所 持 | 占 公 司 总 | 是否为 | 是否质 | 冻结起 | 冻结到期 | 冻结法 院 | 原因 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 称 | 一 大股东 | | （股） | 股 份 比 | 股 本 | 限售股 | 押 | 始日 | 日 | | | | | 及 其 一致 行动人 | | | 例 | 比例 | | | | | | | | ...

Market Overview - As of June 12, the Shanghai Composite Index closed at 3402.66 points, with a slight increase of 0.34 points, representing a change of 0.01% [1] - The Shenzhen Component Index closed at 10234.33 points, down by 11.69 points, a decrease of 0.11% [1] - The ChiNext Index closed at 2067.15 points, up by 5.29 points, reflecting an increase of 0.26% [1] Trading Activity - A total of 128 A-shares had a turnover rate exceeding 20% on the same day, indicating significant trading activity [1] - Notably, C Haiyang and Zhongke Magnetic had turnover rates exceeding 50%, suggesting a high level of liquidity and interest in these stocks [1] Top Performing Stocks - C Haiyang (603382) had a closing price of 55.97 yuan with a turnover rate of 85.43% and a remarkable increase of 386.70% [1] - Zhongke Magnetic (301141) closed at 68.13 yuan, with a turnover rate of 67.96% and a gain of 3.20% [1] - Yingsite (301622) closed at 97.32 yuan, achieving a turnover rate of 60.53% and a rise of 20.00% [1] - Jiangnan New Materials (603124) closed at 48.20 yuan, with a turnover rate of 57.58% and an increase of 4.83% [1] - Xiongdi Technology (300546) closed at 34.41 yuan, with a turnover rate of 56.64% and a gain of 7.20% [1] Additional Notable Stocks - Kangliyuan (301287) closed at 50.52 yuan, with a turnover rate of 48.58% and a slight decrease of 0.26% [1] - Qingmu Technology (301110) closed at 72.42 yuan, achieving a turnover rate of 46.33% and a rise of 20.00% [1] - Baixinglong (833075) closed at 46.99 yuan, with a turnover rate of 44.54% and an increase of 29.99% [1] - Hengbao Co., Ltd. (002104) closed at 11.82 yuan, with a turnover rate of 44.51% and a gain of 2.34% [1] - Guokang Biochemical (300804) closed at 61.10 yuan, with a turnover rate of 42.76% and a slight increase of 1.08% [1]

暗盘资金正涌入这些股票，点击速看>>> 电池板块短线走低，科恒股份（300340）跌超7%，金银河（300619）、金杨股份（301210）、龙蟠科 技（603906）、天际股份（002759）等跟跌。 ...

兴业证券股份有限公司关于江门市科恒实业股份有限公司 对外担保暨关联交易的核查意见 兴业证券股份有限公司（以下简称"兴业证券"或"持续督导机构"）作为 江门市科恒实业股份有限公司（以下简称"科恒股份"或"公司"）的持续督导 机构，根据《证券发行上市保荐业务管理办法》《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 2 号——创业板上市公司规 范运作》《深圳证券交易所上市公司自律监管指引第 13 号——保荐业务》等相关 法律、法规和规范性文件的规定，对公司对外担保暨关联交易事项进行了核查， 具体情况如下： 公司于 2025 年 6 月 10 日分别召开第六届董事会第十三次会议、第六届监事 会第十二次会议，审议通过了《关于对外担保暨关联交易的议案》。根据公司生 产经营需求，公司拟向银行等金融机构申请融资，公司控股股东珠海格力金融投 资管理有限公司（以下简称"格力金投"）为公司融资行为提供不超过 11,400 万 元的担保，万国江先生拟就格力金投为公司提供的上述担保提供担保，同时公司 在万国江先生前述担保的额度范围内为其提供反担保。 一、关联担保概述 关联担保基本情况 公司于 2025 年 ...

开展商品期货套期保值业务的核查意见 兴业证券股份有限公司关于江门市科恒实业股份有限公司 资金来源 兴业证券股份有限公司（以下简称"兴业证券"或"持续督导机构"）作为 江门市科恒实业股份有限公司（以下简称"科恒股份"或"公司"）的持续督导 机构，根据《证券发行上市保荐业务管理办法》《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 2 号——创业板上市公司规 范运作》《深圳证券交易所上市公司自律监管指引第 13 号——保荐业务》等相关 法律、法规和规范性文件的规定，对公司开展商品期货套期保值业务的事项进行 了核查，具体情况如下： 一、开展商品期货套期保值业务的概述 交易目的 碳酸锂、镍、钴等是公司生产经营主要的原材料，其价格的大幅波动将对公 司成本产生一定影响。为规避原材料价格波动风险，公司拟开展期货套期保值业 务，减少因原材料价格波动造成产品成本波动，降低原材料价格波动对公司及全 资子公司生产经营的影响，实现公司及全资子公司业务稳定持续发展。 交易金额 公司商品期货套期保值业务开展中占用的保证金最高额度不超过 5,000 万元 人民币，该额度在审批期限内可循环滚动使用。 交易方式 公 ...

证券代码：300340 证券简称：科恒股份 公告编号：2025-063 事项，或处于筹划阶段的重大事项； 三、不存在应披露而未披露信息的说明 公司董事会确认，公司目前没有任何根据《深圳证券交易所创业板股票上市 规则》等有关规定应予以披露而未披露的事项；董事会也未获悉公司根据《深圳 证券交易所创业板股票上市规则》等有关规定应予以披露而未披露的、对公司股 票交易价格产生较大影响的信息；公司前期披露的信息不存在需要更正、补充之 处。 四、风险提示 江门市科恒实业股份有限公司 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。 一、公司股票交易异常波动的情况 江门市科恒实业股份有限公司（以下简称"公司"）股票价格连续两个交易 日（2025 年 6 月 9 日、2025 年 6 月 10 日）收盘价格涨幅偏离值累计达到 43.55%， 根据深圳证券交易所相关规定，属于股票交易异常波动的情况。 二、公司关注及核实情况 针对公司股票交易异常波动，公司董事会通过电话及现场问询方式，对公司 控股股东、实际控制人及持股 5%以上股东、公司董事、监事及高级管理人员就 相关问题进行了核实 ...

Core Viewpoint - The report discusses the cancellation of certain stock options and the repurchase of restricted stocks by Jiangmen Keheng Industrial Co., Ltd. as part of its 2022 stock option and restricted stock incentive plan [1][2][4]. Group 1: Incentive Plan Procedures - The company held multiple meetings in September 2022 to approve the stock option and restricted stock incentive plan, including a board meeting on September 2 and a shareholder meeting on September 19 [2][3]. - The first grant of stock options and restricted stocks was completed on November 15, 2022, with 1.4294 million shares granted to 157 individuals [4][5]. Group 2: Cancellation of Stock Options - A total of 178,340 stock options will be canceled due to 11 incentive participants leaving the company and performance targets not being met [6][7]. - The performance targets for the stock options included a cumulative revenue of at least 15.657 billion yuan from 2022 to 2024, with a target of 20.419 billion yuan [6][7]. Group 3: Repurchase of Restricted Stocks - The company plans to repurchase and cancel a total of 378,650 restricted stocks due to the departure of 7 incentive participants and unmet performance conditions [8][9]. - The repurchase price for the restricted stocks is set at approximately 7.683 yuan per share for the first grant and 7.478 yuan per share for the reserved grant [10][11]. Group 4: Financial Advisor's Opinion - The independent financial advisor concludes that the actions taken by the company regarding the cancellation of stock options and repurchase of restricted stocks comply with relevant laws and regulations, ensuring no harm to the interests of the company and its shareholders [11][12].

Core Viewpoint - The company has announced the cancellation of certain stock options and repurchase of restricted stock due to the departure of some incentive recipients and failure to meet performance targets outlined in the 2022 stock option and restricted stock incentive plan [7][8][9]. Summary by Sections Stock Option and Restricted Stock Incentive Plan - The company held multiple board and supervisory meetings to review and approve the 2022 stock option and restricted stock incentive plan, including the assessment management measures and the list of incentive recipients [2][4][5]. - The plan included a total of 158,200 stock options granted to 158 incentive recipients, which were not exercised [7]. Reasons for Cancellation - A total of 113,200 stock options were canceled due to 11 incentive recipients leaving the company, which disqualified them from the incentive plan [7]. - Additionally, 21,000 stock options were canceled for one reserved incentive recipient who also left the company [7]. - The company did not meet the performance targets set for the incentive plan, with cumulative revenue for 2022-2024 being 9.113 billion and for 2023-2024 being 5.151 billion, falling short of the required thresholds [7]. Impact of Cancellation - The cancellation of stock options will not have a significant impact on the company's financial status or operational results, and it will not affect the stability of the management team [8]. - The company plans to continue optimizing its compensation system and improving performance assessment methods to motivate employees [8]. Supervisory and Legal Opinions - The supervisory board agreed that the cancellation of stock options complies with relevant laws and regulations, and does not harm the interests of the company or its shareholders [8][10]. - Legal and independent financial advisors confirmed that the actions taken by the company are in accordance with applicable laws and regulations [9][10].