Group 1 - The company, Meilian New Materials, announced that as of December 5, the total external guarantee amount for the company and its subsidiaries is approximately 4.14 billion yuan, with an actual guarantee balance of about 471 million yuan, which accounts for 24.62% of the company's audited net assets for 2024 [1] - After the approval of this guarantee, the total external guarantee amount will be approximately 4.14 billion yuan, representing 216.52% of the company's audited net assets for 2024 and 113.89% of the company's audited total assets for 2024 [1] - The total guarantee balance provided by the company and its subsidiaries to entities outside the consolidated financial statements is 38.94 million yuan, accounting for 2.04% of the company's audited net assets for 2024 [1] Group 2 - For the first half of 2025, the revenue composition of Meilian New Materials is as follows: fine chemicals account for 54.69%, rubber and plastic products account for 38.78%, and battery separators account for 6.53% [1] - The current market capitalization of Meilian New Materials is 7.2 billion yuan [2]

Company Overview - Meilian New Materials (SZ 300586) announced its fifth board meeting on December 5, 2025, to discuss the expected related party transactions for the year 2026 [1] - As of the report, Meilian New Materials has a market capitalization of 7.2 billion yuan [1] Revenue Composition - For the first half of 2025, the revenue composition of Meilian New Materials is as follows: - Fine chemicals account for 54.69% - Rubber and plastic products account for 38.78% - Battery separator industry accounts for 6.53% [1]

证券代码：300586 证券简称：美联新材 公告编号：2025-078 广东美联新材料股份有限公司 关于 2026 年度日常关联交易预计的公告 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、日常关联交易基本情况 （一）日常关联交易概述 鉴于日常经营业务需要，广东美联新材料股份有限公司（以下简称"公 司"或"美联新材"）及其子公司预计 2026 年度将与关联方营口德瑞化工有 限公司（以下简称"德瑞化工"）、营口营新化工科技有限公司（以下简称 "营新科技"）、营口昌成新材料科技有限公司（以下简称"昌成新材"） 和四川格纯电子材料有限公司（以下简称"格纯电子"）发生日常关联交易， 预计总金额不超过 16,200 万元。2025 年 1 至 11 月公司及其子公司与上述关 联方发生的日常关联交易金额为 3,920.92 万元。 2025 年 12 月 5 日，公司第五届董事会第九次会议和第五届董事会审计 委员会第六次会议审议通过了《关于 2026 年度日常关联交易预计的议案》， 关联董事黄伟汕、段文勇和黄坤煜回避了上述议案的表决。该项议案在提交 公司董事会审议 ...

证券代码：300586 证券简称：美联新材 公告编号：2025-077 广东美联新材料股份有限公司 关于公司为其控股子公司向金融机构申请授信额度 提供担保的公告 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： 本次提供担保后，公司及其控股子公司提供担保总额超过最近一期经审计净 资产 100%，敬请投资者关注担保风险。 一、担保情况概述 广东美联新材料股份有限公司（以下简称"公司"）于 2023 年 10 月 25 日 召开第四届董事会第三十三次会议，审议通过了《关于公司为其控股子公司向金 融机构申请授信额度提供担保的议案》，同意公司为控股子公司安徽美芯新材料 有限公司（以下简称"安徽美芯"）向金融机构申请综合授信额度提供额度不超 过人民币 8 亿元的连带责任保证担保，决议有效期为自公司股东大会审议通过本 事项之日起至 2025 年 12 月 31 日止。具体内容详见公司 2023 年 10 月 26 日刊载 于巨潮资讯网（www.cninfo.com.cn）的《关于公司为其控股子公司向金融机构 申请授信额度提供担保的公告》（公告编号：2023-14 ...

（1）现场会议时间：2025 年 12 月 22 日 14:00 证券代码：300586 证券简称：美联新材 公告编号：2025-079 广东美联新材料股份有限公司 关于召开 2025 年第五次临时股东会的通知 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、召开会议的基本情况 1、股东会届次：2025 年第五次临时股东会 2、股东会的召集人：董事会 3、本次会议的召集、召开符合《中华人民共和国公司法》《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》等法律、行政法规、部门 规章、规范性文件及《公司章程》的有关规定。 4、会议时间： （2）网络投票时间：通过深圳证券交易所系统进行网络投票的具体时间为 2025 年 12 月 22 日 9:15-9:25，9:30-11:30，13:00-15:00；通过深圳证券交易所互联网投票系统投票的具体时间为 2025 年 12 月 22 日 9:15 至 15:00 的任意时间。 5、会议的召开方式：现场表决与网络投票相结合。 6、会议的股权登记日：2025 ...

证券代码：300586 证券简称：美联新材 公告编号：2025-076 广东美联新材料股份有限公司 第五届董事会第九次会议决议公告 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、董事会会议召开情况 广东美联新材料股份有限公司（以下简称"公司"）于 2025 年 12 月 5 日在 汕头市美联路 1 号公司会议室以现场结合通讯表决方式召开了第五届董事会第 九次会议。会议通知已于 2025 年 12 月 1 日以邮件方式送达公司全体董事和高级 管理人员。本次会议应出席董事 7 名，实际出席会议董事 7 名（其中：以通讯表 决方式出席会议董事 2 人）。独立董事沈忆勇和陈小卫以通讯表决方式出席 会议。 本次会议由董事长黄伟汕先生主持，高级管理人员列席了会议。本次会议的 召开和表决程序符合《中华人民共和国公司法》等法律、法规以及公司章程的有 关规定，合法有效。 （二）审议通过《关于 2026 年度日常关联交易预计的议案》 公司独立董事专门会议对本议案进行了前置审核，同意提交董事会审议。 1 / 2 二、董事会会议审议情况 本次会议以书面记名投票方式进行表决，议案 ...

Group 1 - The core viewpoint of the article is that Meilian New Materials (300586.SZ) has indicated that its EX electronic materials can be applied in the commercial aerospace and national defense military industries [1] Group 2 - The company is actively engaging with the market by providing information about the applications of its products [1] - The focus on commercial aerospace and national defense suggests potential growth opportunities in these sectors for the company [1]

Group 1 - The core viewpoint of the article is that the company's EX electronic materials are applicable in the commercial aerospace and defense industries [1]

Industry Overview - A leading company in the diaphragm industry announced a price adjustment for its wet diaphragm products, with an increase of 30% [1] - Xinhua Lithium Electric expects an overall price increase of over 20% for lithium battery diaphragms, potentially turning the performance of diaphragm companies from losses or breakeven to profitability [1] - The capacity utilization rate for both tier-one and tier-two wet diaphragm manufacturers remains at full production, with the overall industry capacity utilization reaching over 90% [1] - The strong demand in the fourth quarter and the ongoing price increases have led downstream manufacturers to stock up on raw materials in anticipation of next year's demand [1] - By 2026, downstream battery manufacturers are expected to further transition from dry to wet processes, increasing demand for wet diaphragms [1] - There is a high likelihood of large supply orders from battery manufacturers as discussions regarding supply for 2026 take place at the end of the year [1] Supply Side Analysis - According to招商证券, the industry's profitability has been at a historical low, with companies like Enjie and Xingyuan experiencing losses in the second and third quarters of 2025 [1] - Major participants have high levels of interest-bearing debt, leading to insufficient expansion willingness and capacity [1] - Capital expenditures in the industry have gradually decreased since 2023, with no announcements of new lithium battery diaphragm production capacity plans from listed companies in 2024 [1] - An "anti-involution" meeting in August reached a consensus to avoid blind expansion, with diaphragm expansion cycles taking 1.5 to 2 years, indicating limited effective supply release in the future [1] Company Updates - Meilian New Materials reported that its subsidiary Anhui Meixin's sales of wet diaphragms increased fourfold year-on-year [2] - Changyang Technology has received small batch orders from leading customers and enterprise orders from mid-tier customers for its wet diaphragms suitable for solid or semi-solid batteries [2]

Summary of the Conference Call for Meilian New Materials Company Overview - Meilian New Materials has completed the acquisition of Huihong Technology, becoming a qualified supplier for a well-known Japanese company with 16,949 certification [2][3] - The company has developed YETIS monomer and resin products, securing stable customers in Japan and Taiwan, and small batch orders for Europe [2][3] Industry and Market Dynamics - The current production capacity is 300 tons of monomer and 200 tons of resin, with monomer prices ranging from 600,000 to 700,000 RMB per ton and resin prices starting at over 1,000,000 RMB per ton [2][3] - The company plans to gradually expand its high-frequency and high-speed resin business based on order conditions, targeting an increase to 1,000 tons of monomer and 1,500 tons of resin by the second half of 2026 [2][6] Financial Projections - Expected total savings of approximately 600 million RMB from the production of 300,000 tons of white masterbatch due to lower costs from local natural gas and sulfur resources [3][18] - The company anticipates achieving full production capacity of 200 tons by 2026, with significant order volume expected to increase in January [13] Technological Advancements - The acquisition of Huihong Technology has facilitated the upgrade of semiconductor material technology from levels 6 and 7 to levels 8 and 9 [9][10] - Collaboration with various domestic and international companies, including Shengyi Technology and Nanya, has promoted technological progress [9] Customer Base and Relationships - Key customers include a well-known Japanese company and a Taiwanese company, with a broader customer base for YETIS numerical products [7][14] - The company maintains a strong relationship with its customers, including Google’s suppliers, and expects monthly order volumes to reach over 30 tons by 2026 [20] Future Expansion Plans - Plans to enhance production capacity at Huihong Technology and increase the shareholding ratio to better align shareholder interests [21][22] - The company is focusing on developing electronic chemicals and liquid materials, particularly in the Guangdong region [22][23] Additional Insights - The company is also working on a project in Sichuan Dazhou to produce 300,000 tons of white masterbatch, which is expected to significantly reduce costs and enhance competitiveness [17][18] - The internal production of titanium dioxide is aimed at reducing costs associated with packaging, transportation, and storage [19]