泰和泰（深圳）律师事务所 关于江门市科恒实业股份有限公司 2026 年第一次临时股东会的 法律意见书 二〇二六年二月 中国 深圳市 福田区 彩田路 7006 号深科技城 A 座 19-21 层 19th-21st Floor, Tower A, KAIFA PLAZA, No. 7006, Caitian Road, Futian District, Shenzhen, China www.tahota.com 中国 深圳市 福田区 彩田路 7006 号深科技城 A 座 19-21 层 19th-21st Floor, Tower A, KAIFA PLAZA, No. 7006, Caitian Road, Futian District, Shenzhen, China 泰和泰（深圳）律师事务所 关于江门市科恒实业股份有限公司 2026 年第一次临时股东会的 法律意见书 致：江门市科恒实业股份有限公司 泰和泰（深圳）律师事务所（以下简称"本所"）受江门市科恒实业股份有 限公司（以下简称"公司"）的委托，根据《中华人民共和国公司法》（以下简 称《公司法》）、《上市公司股东会规则》（以下简称《股东会规则》）等 ...

Group 1 - The company expects a negative net profit for the fiscal year 2025, covering the period from January 1, 2025, to December 31, 2025 [1] - The preliminary financial data for the performance forecast has not been audited and will be finalized in the annual report [3] Group 2 - The increase in the price of key raw materials, such as cobalt tetroxide and lithium carbonate, has led to adjustments in the sales prices of the company's new energy cathode materials, resulting in a recovery of product gross margins [2] - The company has implemented cost control measures across procurement, R&D, processes, and supply chains, which have improved overall profitability [2] - The company has strengthened accounts receivable management, leading to a partial reversal of previously recognized credit impairment losses [2] Group 3 - A significant shareholder, Mr. Wang Guojiang, will have 5,463,113 shares auctioned, representing 34.49% of his holdings and 1.98% of the company's total shares [6] - If the auctioned shares are successfully transferred, Mr. Wang's total holdings will decrease from 20,301,818 shares to 14,838,705 shares, reducing his ownership percentage from 7.37% to 5.39% [6][7] - The auction will not result in a change of control for the company, as Mr. Wang is not the controlling shareholder [7][8]

Group 1 - The company, Keheng Co., Ltd., expects a net profit loss attributable to shareholders of 160 million to 200 million yuan for 2025, compared to a loss of approximately 192 million yuan in the same period last year [1] - The main reasons for the performance change include a steady increase in the price of the primary raw material, cobalt tetroxide, due to changes in market supply dynamics, and a rebound in lithium carbonate prices in the second half of the year, leading to adjustments in the sales prices of the company's new energy cathode materials [1] - The company has implemented cost control measures across four dimensions: procurement, research and development, processes, and supply chain, which have improved overall profitability through production line modifications and adjustments in production scheduling, reducing costs related to labor, electricity, and transportation [1]

Financial Projections - The estimated net profit for 2025 is projected to be a loss of between 200 million and 160 million CNY, representing a change of -4.37% to +16.50% compared to the previous year's loss of 191.62 million CNY[3] - The estimated net profit after deducting non-recurring gains and losses is projected to be a loss of between 205 million and 165 million CNY, indicating a growth of 17.06% to 33.24% compared to the previous year's loss of 247.17 million CNY[3] - The company emphasizes that the performance forecast is based on preliminary estimates and has not been audited, with final figures to be disclosed in the 2025 annual report[7] Cost Management - The increase in raw material prices, particularly cobalt tetroxide and lithium carbonate, has led to adjustments in the sales prices of the company's new energy cathode materials, resulting in a recovery of product gross margins[5] - The company has implemented cost control measures across procurement, R&D, processes, and supply chains, which have improved overall profitability[6] Accounts Receivable Management - A special task force has been established to enhance accounts receivable management, leading to a partial reversal of credit impairment losses from previous years based on updated assessments of customer conditions[6] Business Operations - The revenue from the new energy intelligent equipment business is primarily derived from orders confirmed for the 2023-2024 period, with production operations affected by a relocation in 2024, resulting in insufficient new orders and lower capacity utilization[6]

证券代码：300340 证券简称：科恒股份 公告编号：2026-016 江门市科恒实业股份有限公司 注：1、上述司法拍卖的具体情况请关注江门市江海区人民法院阿里巴巴司法拍卖网络平台 （法院账户名：江门市江海区人民法院，法院网址：sf.taobao.com/0750/02） 关于持股5%以上股东部分股份将被司法拍卖的提示性公告 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、本次拟被拍卖的标的为江门市科恒实业股份有限公司（以下称"公司"） 持股 5%以上股东万国江先生所持公司无限售条件流通股 5,463,113 股，占其持有 公司股份的比例为 34.49%，占公司总股本的比例为 1.98%。若本次拟拍卖的股 份最终均完成交割，万国江先生与其一致行动人唐芬女士、万涛先生合计持股数 量将由 20,301,818 股减少至 14,838,705 股，占公司总股本的比例将由 7.37%降至 5.39%。 2、司法拍卖竞买人应遵守《上市公司股东减持股份管理暂行办法》第十三 条第一款、第十五条第一款，以及《深圳证券交易所上市公司自律监管指引第 18 号——股 ...

Group 1 - On January 29, KOHEN Co., Ltd. executed a block trade of 210,000 shares, with a transaction amount of 2.205 million yuan, accounting for 1.87% of the total transaction volume for the day [1] - The transaction price was 10.5 yuan, which represents a discount of 13.93% compared to the market closing price of 12.2 yuan [1] - The buyer was China Galaxy Securities Co., Ltd., and the seller was Huafu Securities Co., Ltd. [2]

| 交易日期 | 证券代码 | 证券简称 | 成交价格 | 成交量 | 成交金额 | 买方营业部 | 卖方营业部 | | --- | --- | --- | --- | --- | --- | --- | --- | | | | | (元) | (万股/万份) | (万元) | | | | 2026-01-26 | 300340 | 科恒股份 | 11.31 | 24.00 | 271.44 机构专用 | | 华福证券有限责任 | | | | | | | | | 公司佛山分公司 | 1月26日，科恒股份大宗交易成交24万股，成交额271.44万元，占当日总成交额的1.12%，成交价11.31元，较市场收盘价 13.47元折价16.04%。 ...

每经AI快讯，科恒股份1月26日晚间发布公告称，公司于近日通过查询中国证券登记结算有限责任公司 业务系统，获悉公司持股5%以上股东万国江先生所持公司的部分股份被司法冻结，本次冻结236万股。 截至本公告披露日，股东万国江累计被冻结股份约782万股。 每经头条（nbdtoutiao）——国际金价冲破5000美元！7年涨了280%，什么时候才见顶？专家：关键还 看美元，重点关注国际货币体系、降息和科技革命 （记者 王晓波） ...

证券代码：300340 证券简称：科恒股份 公告编号：2026-014 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 1、中国证券登记结算有限责任公司深圳分公司出具的《证券质押及司法冻 结明细表》。 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"）于近日通过查询中国证券 登记结算有限责任公司业务系统，获悉公司持股 5%以上股东万国江先生所持公 司的部分股份被司法冻结，具体事项如下： 二、股东股份累计被冻结的情况 三、股东股份被司法冻结对公司的影响 1、截至本公告披露日，万国江先生尚未收到广东省江门市江海区人民法院 的相关法律文书。万国江先生非公司第一大股东及实际控制人，其持有的公司股 份被冻结不会导致公司控制权发生变更，亦不会对公司的生产经营产生影响。公 司将督促万国江先生在收到法院相关法律文书后及时告知具体冻结事由，并将根 据事项进展及时履行信息披露义务。 股东 名称 是否为控 股股东或 第一大股 东及其一 致行动人 本次冻结 数量 （股） 占其所 持股份 比例 占公司 总股本 比例 是 ...

| 交易日期 | 证券代码 | 证券简称 | 成交价格 | 成交量 | 成交金额 (万元) | 买方营业部 | 卖方营业部 | | --- | --- | --- | --- | --- | --- | --- | --- | | | | | (元) | (万股/万份) | | | | | 2026-01-23 | 300340 | 科恒股份 | 11.70 | 32.00 | 374.40 机构专用 | | 华福证券有限责任 公司佛山分公司 | 1月23日，科恒股份大宗交易成交32万股，成交额374.4万元，占当日总成交额的1.44%，成交价11.7 元，较市场收盘价13.7元折价14.6%。 ...