南京宝色股份公司（以下简称"公司"）第六届董事会第十六次会议于 2025 年 10 月 24 日以通讯方式召开，会议通知已于 2025 年 10 月 21 日以电子邮件及短信 方式送达给公司全体董事、高级管理人员。 证券代码：300402 证券简称：宝色股份 公告编号：2025-059 南京宝色股份公司 第六届董事会第十六次会议决议公告 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。 一、董事会会议召开情况 本次会议应参会董事 9 名，实际参会董事 9 名。会议由董事长薛凯先生召集并 主持，公司高级管理人员列席了会议。本次会议的召开符合《公司法》等有关法律、 行政法规、部门规章、规范性文件和《公司章程》的规定，会议合法有效。 二、董事会会议审议情况 经与会全体董事表决，形成会议决议如下： 表决结果：同意 9 票，反对 0 票，弃权 0 票。 三、备查文件 1、公司第六届董事会第十六次会议决议； 1、审议通过《关于公司 2025 年第三季度报告的议案》 经审议，董事会认为：公司《2025 年第三季度报告》的编制和审核程序符合法 律、行政法规、中国证监会和深圳证券 ...

Core Insights - The company reported a significant decline in revenue and net profit for the third quarter and the first three quarters of the year [1] Financial Performance - Q3 revenue was 276 million, a decrease of 29.96% [1] - Q3 net profit was 18.24 million, down 9.49% [1] - Year-to-date revenue for the first three quarters was 1.01 billion, a decline of 22.97% [1] - Year-to-date net profit for the first three quarters was 50.19 million, a decrease of 13.86% [1]

Financial Performance - The company's revenue for the third quarter was ¥276,222,753.77, a decrease of 29.96% compared to the same period last year[5] - Net profit attributable to shareholders was ¥18,243,093.73, down 9.49% year-on-year[5] - The net profit excluding non-recurring gains and losses was ¥17,276,084.93, reflecting an 11.31% decline compared to the previous year[5] - The basic earnings per share were ¥0.0740, a decrease of 10.52% from the same period last year[5] - Total operating revenue for the current period was ¥1,009,565,967.40, a decrease of 23% compared to ¥1,310,581,205.18 in the previous period[43] - Net profit for the current period was ¥50,191,782.61, a decline of 14% from ¥58,265,103.75 in the previous period[45] - Basic and diluted earnings per share were both ¥0.2037, down from ¥0.2392 in the previous period[45] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,424,092,601.66, representing a 0.70% increase from the end of the previous year[5] - Total liabilities amounted to ¥925,735,127.72, slightly down from ¥945,608,677.44 in the previous period[41] - Total equity attributable to shareholders rose by 2.51% to ¥1,498,357,473.94 compared to the end of the previous year[5] - Long-term borrowings decreased to ¥49,000,000.00 from ¥180,000,000.00 in the previous period[41] Cash Flow - Cash flow from operating activities showed a net outflow of ¥231,944,905.06, a significant decline of 199.92% compared to the previous year[15] - Cash inflow from operating activities totaled ¥564,443,198.48, a decrease from ¥618,510,867.17 in the previous period[46] - Cash paid for purchasing goods and services was ¥562,341,230.95, significantly higher than ¥214,587,514.72 in the previous period[46] - The net cash flow from operating activities was -$231.94 million, a significant decrease compared to $232.12 million in the previous period, indicating a negative cash flow trend[47] - The total cash and cash equivalents at the end of the period were $513.00 million, down from $715.73 million, indicating a decline in liquidity[47] Shareholder Information - The total number of common shareholders at the end of the reporting period is 20,947[17] - The largest shareholder, Baotai Group Co., Ltd., holds 48.51% of the shares, totaling 119,715,300 shares[17] - The second-largest shareholder, Shanxi Huaxin Hai Trading Co., Ltd., holds 6.39% of the shares, totaling 15,780,000 shares[17] - Baotai Group plans to increase its shareholding by investing between RMB 50 million and RMB 100 million, with a maximum increase of 2% of the total share capital[22] Operational Changes - The company has postponed the expected operational status of the "Baose (Nantong) High-end Special Material Equipment Intelligent Manufacturing Project" from August 2025 to December 2028[27] - The company approved the conclusion of the "Baose Engineering Technology Research and Development Center" project, reallocating the remaining funds to supplement working capital permanently[29] - The company has decided to eliminate the supervisory board, transferring its powers to the audit committee of the board of directors[25] - The company appointed Chen Zhanqian as a non-independent director to ensure the normal operation of the board following the resignation of He Lianguo[35] Audit and Compliance - The company did not undergo an audit for the third quarter report, which may affect the reliability of the financial data presented[48] - The company plans to implement new accounting standards starting in 2025, which may impact future financial reporting[48] - The board of directors of Nanjing Baose Co., Ltd. issued the report on October 25, 2025, indicating ongoing corporate governance and compliance efforts[49]

Group 1 - The core point of the article is that Baose Co., Ltd. (300402) reported on October 24 that as of October 20, 2025, the number of shareholders is 21,249 [1]

Group 1 - The core point of the article is that Baose Co., Ltd. has completed its share buyback plan, with Baotai Group acquiring a total of 3,515,300 shares, representing 1.42% of the company's total equity [1] - The total amount spent on the share buyback was RMB 62,951,797.00, excluding transaction fees [1] - The buyback plan was executed through the Shenzhen Stock Exchange's centralized bidding system [1]

Group 1 - The core point of the article is that Baose Co., Ltd. has completed its share buyback plan, with Baotai Group acquiring approximately 3.52 million shares, representing 1.42% of the total share capital, for about 62.95 million RMB [1][1][1] Group 2 - As of the announcement date, Baose Co., Ltd. has a market capitalization of 4.6 billion RMB [1] - The revenue composition for Baose Co., Ltd. for the year 2024 is as follows: 78.44% from petrochemicals, 15.08% from new energy, 4.04% from military products, 1.6% from other sources, and 0.85% from environmental protection [1][1][1]

宝色股份公告，控股股东宝钛集团自2025年4月10日起6个月内通过深圳证券交易所集中竞价方式增持公 司股份351.53万股，占公司总股本1.42%，增持金额6295.18万元，本次增持计划已实施完成，宝钛集团 持股比例由47.08%升至48.51%。 ...

证券代码：300402 证券简称：宝色股份 公告编号：2025-058 南京宝色股份公司 关于控股股东增持公司股份计划期限届满暨实施完成的公告 公司控股股东宝钛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。 特别提示： 1、南京宝色股份公司（以下简称"公司"）控股股东宝钛集团有限公司（以下 简称"宝钛集团"）基于对公司长期投资价值的认可以及未来持续稳定发展的信心， 计划自 2025 年 4 月 10 日起 6 个月内，以自有资金与股票增持专项贷款相结合的方 式通过深圳证券交易所集中竞价交易方式增持公司股份，累计增持金额不低于人民 币 5,000 万元且不超过人民币 10,000 万元，累计增持比例不超过公司总股本的 2%。 具体内容详见公司于 2025 年 4 月 10 日、2025 年 4 月 14 日在巨潮资讯网上披露的 《关于控股股东增持公司股份计划的公告》（公告编号：2025-023）《关于控股股 东增持公司股份获得专项贷款承诺函的公告》（公告编号：2025-024）。 2、截至本公告披 ...

北京观韬（西安）律师事务所 关于宝钛集团有限公司 增持南京宝色股份公司股份 的法律意见书 观意字 2025XA000492 号 二零二五年十月 1 北京观韬（西安）律师事务所 关于宝钛集团有限公司 增持南京宝色股份公司股份 的法律意见书 观意字 2025XA000492 号 致：宝钛集团有限公司 北京观韬（西安）律师事务所（以下简称为"本所"）接受宝钛集团有限公 司（以下简称"增持人"或"宝钛集团"）的委托，根据《中华人民共和国公司 法（2023 年修订）》（以下简称《公司法》）、《中华人民共和国证券法（2019 年修订）》（以下简称《证券法》）、《上市公司收购管理办法（2025 年修正）》 （以下简称《收购管理办法》）、《深圳证券交易所创业板股票上市规则（2025 年修订）》、《深圳证券交易所上市公司自律监管指引第 10 号——股份变动管 理（2025 年修订）》（以下简称《自律监管指引第 10 号》）等相关法律、行政 法规、部门规章及规范性文件的有关规定，就宝钛集团增持南京宝色股份公司（以 下简称"宝色股份"、"公司"）股份事宜（以下简称"本次增持"）出具本法 律意见书。 为出具本法律意见书，本所作出如下 ...

Core Insights - The article emphasizes the strategic importance of marine titanium in addressing corrosion and structural challenges in marine engineering, shipbuilding, and seawater utilization, highlighting its role in enhancing the reliability, durability, and economic viability of marine equipment [1][7][11]. Industry Overview - Marine titanium refers specifically to titanium and titanium alloys used in marine environments and related industries, characterized by excellent corrosion resistance, high specific strength, low density, and non-magnetic properties [2][3]. - The Chinese government has prioritized the development of marine titanium, integrating "deep-sea technology" into national strategic emerging industries by 2025, which supports the large-scale application of titanium materials in deep-sea exploration, manned submersibles, and oil and gas extraction [1][7]. Industry Chain - China's marine titanium industry chain includes upstream titanium ore mining, midstream sponge titanium smelting and processing, and downstream high-end applications, with leading companies like Baotai and Western Superconducting playing significant roles [1][7][10]. - The industry is experiencing rapid growth, with the marine engineering equipment manufacturing sector projected to have a compound annual growth rate (CAGR) of 15.54% from 2022 to 2024, indicating a significant increase in titanium demand [1][10]. Current Development Status - From 2019 to 2024, China's titanium processing output is expected to grow from 75,300 tons to 172,000 tons, with sales increasing from 68,900 tons to 151,000 tons, reflecting a CAGR of 18% and 17% respectively [9][10]. - Despite the low penetration of titanium in marine engineering, projected demand for marine engineering titanium is expected to reach approximately 2,555 tons by 2024, with further growth anticipated as deep-sea exploration and development plans advance [10][13]. Future Development Trends - The marine titanium industry is expected to evolve through strategic drivers, technological breakthroughs, and expanded applications, with a focus on high-performance and low-cost dual pathways [17][18]. - The demand for marine titanium will diversify beyond traditional applications in ships and submersibles to include emerging sectors such as offshore wind power, underwater data centers, and blue energy, promoting a shift towards integrated solutions in the industry [19].