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。 首华燃气科技(上海)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【593】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关注被评证券信用评级的变化情况。 本评级报告版权归本评级机构所有，未经 ...

本文源自：金融界 龙虎榜显示，买入前五合计买入6358.69万元，卖出前五合计卖出4477.02万元，净额1881.67万元。 6月24日，首华燃气下跌18.00%登上龙虎榜，有价格涨跌幅限制的日收盘价格跌幅达到-15%，一线游资 卖出。 买入金额最大的前5名营业部 买入额/万 卖出额/万 净额/万 中信建投证券股份有限公司上海营口路证券 营业部 1866.65 0.37 1866.28 中国银河证券股份有限公司大连人民路证券营业部 865.70 14.27 851.43 东方 财富证券股份有限公司拉萨东环路第二证券营业部 745.74 784.60 -38.86 东方财富证券股份有限公司拉 萨团结路第二证券营业部 642.65 620.69 21.96 机构专用 632.19 76.37 555.82 卖出金额最大的前5名营业部 买入额/万 卖出额/万 净额/万 东方财富证券股份有限公司拉萨金融城南环路证券营业部 491.39 980.56 -489.17 东方财富证券股份有限公司拉萨东环路第二证券营业部 745.74 784.60 -38.86 东方财富证券股份 有限公司拉萨团结路第一证券营业部 586. ...

Core Points - The company has announced the results of the first vesting period for its 2024 Restricted Stock Incentive Plan, with a total of 3.10976 million shares vesting on June 20, 2025, for 68 individuals [1][21][22] - The incentive plan was approved during the company's 2024 first extraordinary general meeting and involves a total of 11.448 million shares, representing 4.26% of the company's total share capital at the time of the announcement [2][19] - The vesting conditions include both company-level performance assessments and individual performance evaluations, with specific growth targets set for revenue from 2024 to 2026 [6][8][16] Incentive Plan Overview - The incentive plan includes an initial grant of 11.448 million shares, with 80% allocated for the first grant and 20% reserved for future grants [2][3] - The vesting schedule is divided into three periods: 40% after 12 months, 40% after 24 months, and 20% after 36 months from the initial grant date [5][6] - The performance targets for the first vesting period require a revenue growth rate of at least 30% compared to the previous year, with a target of 40% for full vesting [16][18] Performance Assessment - The company-level performance assessment for the first vesting period is based on revenue growth, with specific target values set for each year [6][16] - Individual performance assessments categorize employees into three levels, with those rated B or above eligible for full vesting [8][16] - A total of 310.976 million shares will be vested, with adjustments made for individuals who have left the company or did not meet performance criteria [14][19] Shareholder Impact - The shares being vested are sourced from the company's repurchased shares, meaning the total share capital will not change, and there will be no dilution of earnings per share [22][23] - The company will use the funds raised from the vesting to supplement its working capital [20][22] - The vesting of shares will not significantly impact the company's financial status or operational results [22][23]

首次授予第一个归属期归属结果暨股份上市的公告 本公司及董事会全体成员保证信息披露内容的真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 重要内容提示： | | | 首华燃气科技（上海）股份有限公司 关于2024年限制性股票激励计划 首华燃气科技（上海）股份有限公司（以下简称"公司"）《2024 年限制性 股票激励计划（草案）》（以下简称"本激励计划"）规定的首次授予第一个归 属期归属条件已成就，根据公司 2024 年第一次临时股东大会的授权，公司于 2025 年 5 月 6 日分别召开第六届董事会第九次会议和第六届监事会第六次会议，审议 通过《关于 2024 年限制性股票激励计划首次授予第一个归属期归属条件成就的 议案》，近日，公司已办理完成本激励计划首次授予第一个归属期归属股份的登 记工作，现将有关事项公告如下： 一、股权激励计划实施情况概要 （一）股权激励计划简介 公司分别于 2024 年 4 月 1 日、2024 年 4 月 17 日召开第五届董事会第三十 次会议、2024 年第一次临时股东大会审议通过《关于<2024 年限制性股票激励计 划（草案）>及摘要的议案》等相关议案，本激励计划的主要内 ...

Group 1 - The company's stock experienced abnormal trading fluctuations, with a cumulative closing price increase exceeding 30% over two consecutive trading days on June 19 and June 20, 2025 [1] - The board of directors conducted inquiries with major stakeholders, including the controlling shareholder and senior management, to verify the reasons behind the stock price movement [1] - The company confirmed that there were no undisclosed significant events or information that could have impacted the stock price during the abnormal trading period [2] Group 2 - The company disclosed that there were no pending matters that should have been disclosed according to the Shenzhen Stock Exchange rules, nor any significant agreements or negotiations that could affect the stock price [2] - The board also stated that previous disclosures did not require any corrections or supplements [2]

| 证券代码：300483 | 证券简称：首华燃气 | 公告编号：2025-045 | | --- | --- | --- | | 债券代码：123128 | 债券简称：首华转债 | | 首华燃气科技（上海）股份有限公司 关于公司股票交易异常波动的公告 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。 一、股票交易异常波动的具体情况 首华燃气科技（上海）股份有限公司（以下简称"公司"）股票于 2025 年 6 月 19 日、6 月 20 日连续 2 个交易日收盘价涨幅偏离值累计超过 30%，根据《深 圳证券交易所交易规则》的有关规定，属于股票交易异常波动的情况。 二、公司关注并核实情况的说明 1、公司未发现前期披露的信息存在需要更正、补充之处。 2、公司目前经营正常，市场环境、行业政策未发生重大调整，内部经营秩 序正常。 3、公司未发现近期公共传媒报道了有关本公司的可能或已经对股票交易价 格产生较大影响的未公开重大信息。 4、公司、控股股东及实际控制人不存在关于公司应披露而未披露的重大事 项或处于筹划阶段的重大事项。 5、股票异常波动期间，公司控股股东、实际控制 ...

| 证券代码：300483 | 证券简称：首华燃气 | 公告编号：2025-043 | | --- | --- | --- | | 债券代码：123128 | 债券简称：首华转债 | | 首华燃气科技（上海）股份有限公司 关于首华转债可能触发向下修正转股价格条件的提示性公告 特别提示： 1、证券代码：300483，证券简称：首华燃气 2、债券代码：123128，债券简称：首华转债 3、转股价格：12.15 元/股 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。 4、转股期：2022 年 5 月 5 日至 2027 年 10 月 31 日 5、根据首华燃气科技（上海）股份有限公司（以下简称"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》"）的相关条款约定： "在本次发行的可转换公司债券存续期间，当公司股票在任意连续 20 个交易日中 至少有 10 个交易日的收盘价低于当期转股价格的 90%时，公司董事会有权提出转 股价格向下修正方案并提交公司股东大会表决。" 6、2025 年 6 月 7 日至 2025 年 6 月 19 日，公 ...

Core Viewpoint - The Russian-Ukrainian conflict concept has shown a positive trend, with a 0.64% increase, ranking third among concept sectors, driven by significant stock performances from companies like Shouhua Gas and Junyou Co. [1][2] Group 1: Stock Performance - The Russian-Ukrainian conflict concept saw 30 stocks rise, with Shouhua Gas hitting a 20% limit up, while Junyou Co. and Blue Flame Holdings also reached their limit up [1] - Notable gainers included Tongyuan Petroleum (up 11.35%), Tianhao Energy (up 9.23%), and New Jin Power (up 8.75%) [1] - Decliners in the sector included Shenke Co. (down 7.32%), Meinong Bio (down 5.81%), and Xingye Silver Tin (down 5.58%) [1] Group 2: Capital Flow - The Russian-Ukrainian conflict concept experienced a net outflow of 1.256 billion yuan, with 20 stocks receiving net inflows and 10 stocks exceeding 10 million yuan in net inflows [2] - China Petroleum led the net inflow with 178 million yuan, followed by Shouhua Gas (88.75 million yuan), Blue Flame Holdings (84.93 million yuan), and Huibo Pu (41.24 million yuan) [2][3] Group 3: Net Inflow Ratios - Blue Flame Holdings, Jinhong Gas, and Shouhua Gas had the highest net inflow ratios at 19.60%, 17.60%, and 15.28% respectively [3] - China Petroleum recorded a net inflow ratio of 8.46% with a 0.76% increase in stock price [3]

Market Overview - The A-share market experienced a decline today, with the Shanghai Composite Index closing at approximately 3362 points, down by 0.79%. The Shenzhen Component and ChiNext Index fell more significantly, down by 1.21% and 1.36% respectively, indicating a low market sentiment with over 4600 stocks declining [1]. Oil and Gas Sector - The oil and gas sector saw a significant surge, with stocks like Shouhua Gas hitting the daily limit up, driven by heightened tensions in the Middle East following Israel's military actions against Iran, raising concerns over potential oil supply disruptions. International oil prices spiked, with WTI crude oil surpassing $76 per barrel, marking a new high for the year [3]. - Despite the short-term volatility in oil prices due to geopolitical conflicts, the International Energy Agency (IEA) reports that global oil supply remains adequate, suggesting that sustained price surges are unlikely. Companies with strong production capabilities and cost control, such as CNOOC, are recommended for long-term investment [3]. Short Drama Concept - The short drama segment showed localized strength, with companies like Baina Qiancheng and Ciweng Media reaching their daily limits. This growth is attributed to Tencent's launch of a "short drama" mini-program, which has attracted a large user base through a free viewing model, alongside algorithmic recommendations from platforms like Douyin and Kuaishou [4]. - The short drama market caters to modern consumers' fragmented entertainment needs, with episodes lasting 1-3 minutes. The business model is evolving from paid content to ad monetization and integration with gaming and e-commerce, indicating significant growth potential. However, the market faces challenges due to content homogenization, making companies with strong IP reserves and production capabilities, such as Zhongwen Online, more valuable in the long run [4]. Other Sectors - The controlled nuclear fusion concept faced a collective downturn, with companies like Xuguang Electronics and Hezhu Intelligent hitting their daily limits. This sector had previously seen rapid gains, leading to profit-taking as market sentiment cooled. While the long-term prospects for controlled nuclear fusion are promising, significant technological breakthroughs and commercialization are expected to take time, with projections extending beyond 2035 [4]. - The diversified financial and superconducting sectors also underperformed, with companies like Ruida Futures and Nanhua Futures experiencing notable declines. This trend is attributed to a decrease in overall market risk appetite, leading to capital outflows from these high-volatility sectors. However, the long-term value of leading brokerage and futures firms remains intact, especially with ongoing capital market reforms [5]. Investment Perspective - The investment landscape is characterized as a marathon rather than a sprint, emphasizing the importance of focusing on fundamentals and long-term trends despite short-term market adjustments. The oil and gas sector benefits from global energy transitions, while the short drama concept aligns with consumer upgrade trends. There may also be opportunities in sectors experiencing corrections, suggesting a patient, value-driven investment approach [6].

首华燃气今日涨停，全天换手率17.98%，成交额5.81亿元，振幅25.75%。龙虎榜数据显示，机构净买入 1690.10万元，营业部席位合计净买入1266.22万元。 具体来看，今日上榜的营业部中，共有1家机构专用席位现身，即买二，买入金额2052.42万元，卖出金 额362.32万元，合计净买入1690.10万元。 资金流向方面，今日该股主力资金净流入8874.86万元，其中，特大单净流入9955.37万元，大单资金净 流出1080.52万元。近5日主力资金净流入9050.79万元。（数据宝） 首华燃气6月19日交易公开信息 | 买/ | 会员营业部名称 | 买入金额（万 | 卖出金额（万 | | --- | --- | --- | --- | | 卖 | | 元） | 元） | | 买一 | 麦高证券有限责任公司北京第二分公司 | 2599.87 | 0.00 | | 买二 | 机构专用 | 2052.42 | 362.32 | | 买三 | 华鑫证券有限责任公司上海金山证券营业部 | 1479.12 | 70.33 | | 买四 | 华鑫证券有限责任公司上海分公司 | 1464.75 | 11.00 ...