Core Viewpoint - Jingrui Electric Materials is acquiring 76.1% of Hubei Jingrui's equity to enhance its position in the electronic materials industry, particularly in high-purity chemicals and semiconductor materials [1][2]. Group 1: Transaction Details - Jingrui Electric Materials will issue shares to acquire 76.1% of Hubei Jingrui, increasing its ownership from 23.9% to 100% [1]. - The transaction is valued at 595 million yuan, based on an asset evaluation that shows a 41.45% increase in value [1]. - The share issuance price is set at 7.34 yuan per share, resulting in the issuance of approximately 81.07 million shares, which will constitute 7.11% of the total post-transaction share capital [1]. Group 2: Company and Industry Overview - Jingrui Electric Materials operates in the electronic materials sector, focusing on semiconductor and new energy materials, with key products including high-purity chemicals and lithium battery materials [2]. - Hubei Jingrui specializes in high-purity chemical research, production, and sales, with products essential for semiconductor manufacturing processes [2]. - The financial performance of Hubei Jingrui has shown a net profit of -38.26 million yuan in 2021, -16.25 million yuan in 2022, and a profit of 23.77 million yuan in 2023, indicating a recovery trend [2]. Group 3: Market and Operational Insights - The demand for Hubei Jingrui's high-purity chemicals is influenced by market conditions, competition, technological advancements, and international economic factors [3]. - The company is in a capacity ramp-up phase, with profitability expected in the first half of 2025, despite anticipated losses in 2023 and 2024 due to high fixed costs and depreciation [2][3]. - The acquisition aligns with national policy initiatives and aims to enhance the overall quality and scale of Jingrui Electric Materials' operations [3].

本次交易尚需深交所审核通过以及中国证监会同意注册后方可实施，能否审 核通过、完成注册以及最终取得审核通过并同意注册的时间尚存在不确定性。公 司将根据本次交易的进展情况，按照相关规定及时履行信息披露义务，所有信息 均以在公司指定信息披露媒体刊登的公告为准。敬请广大投资者关注后续公告， 1 | 证券代码：300655 | 证券简称：晶瑞电材 | 公告编号：2025-116 | | --- | --- | --- | | 债券代码：123124 | 债券简称：晶瑞转 2 | | 晶瑞电子材料股份有限公司 关于延期回复《关于晶瑞电子材料股份有限公司 发行股份购买资产申请的审核问询函》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。 晶瑞电子材料股份有限公司（以下简称"公司"）拟以发行股份方式购买湖 北长江（潜江）产业投资基金合伙企业（有限合伙）、国家集成电路产业投资基 金二期股份有限公司、厦门闽西南弘盛科创基金合伙企业（有限合伙）、深圳市 国信亿合新兴产业私募股权投资基金合伙企业（有限合伙）合计持有的晶瑞（湖 北）微电子材料有限公司 76.0951%股权（以下简 ...

Core Viewpoint - The company Jingrui Electric Materials (300655.SZ) announced a share issuance to acquire 76.0951% equity in Hubei Jingrui, making it a wholly-owned subsidiary after the transaction [1][3]. Transaction Details - The transaction involves the issuance of shares to acquire equity from Qianjiang Fund, the Second Phase of the Great Fund, Guoxin Yihe, and Xiamen Minxinan, totaling a registered capital of 44,565.4009 million yuan [1][2]. - The valuation of Hubei Jingrui's 100% equity is assessed at 78,200.00 million yuan, with the 76.0951% stake valued at 59,506.3689 million yuan, which will be the basis for the transaction price [1][2]. - The share issuance price is set at 7.39 yuan per share, adjusted to 7.34 yuan after the profit distribution plans for 2024 and the first half of 2025 [3][4]. Financial Performance - Hubei Jingrui's financial performance shows a significant increase in revenue, with 2025's first half revenue at 14,774.87 million yuan compared to 8,805.15 million yuan in 2023 [5]. - The company reported a profit of 2,376.70 million yuan for the first half of 2025, a notable recovery from losses in previous years [5]. Share Issuance and Lock-up Period - The total number of shares to be issued in this transaction is 81,071,349, representing 7.11% of the total share capital post-issuance [4]. - The lock-up period for the shares acquired by the transaction parties varies, with Qianjiang Fund restricted from transferring shares for 12 months, while the other parties have a 36-month lock-up [4][5]. Related Party Transactions - The transaction is classified as a related party transaction, with the Qianjiang Fund being an affiliate of the company, necessitating avoidance of voting by related directors and shareholders during board and shareholder meetings [5].

Group 1: Company Announcements - Derun Electronics announced the appointment of Qiu Yang as the new president, succeeding Liu Biao who resigned for personal reasons [1] - Zhongyuan Tong plans to invest 5 million yuan to establish a wholly-owned subsidiary in Hong Kong and set up a branch and research institute in Xi'an to enhance R&D capabilities [2][3] - FAW Jiefang intends to increase capital by 1.91 billion yuan in its joint venture with CATL and Teld, with a total investment of 4.12 billion yuan from all parties [4][5] - Yuanli Co. plans to acquire 100% of Tongsheng Co. for 471 million yuan, aiming to enhance its strategic layout in the silicon dioxide sector [6][7] - Hangfa Technology received a government subsidy of 8 million yuan, accounting for 11.63% of its audited net profit for 2024 [8] - Saiwei Electronics reported that the National Integrated Circuit Fund reduced its shareholding to below 5% [9] - Tianpu Co. announced a stock suspension for investigation due to significant price fluctuations, with a cumulative increase of 451.80% over the past months [10] - Chen'an Technology is planning to issue shares to Hefei Guotou, which may lead to a change in control, resulting in a stock suspension [11] - Yinlun Co. intends to acquire over 55% of Deep Blue Electronics for approximately 133 million yuan [12] - Lianlong plans to invest 50 million yuan to acquire 25% of Stof Co. to expand its electronic materials business [13] - Qianyuan High-Tech's vice president plans to reduce his stake by up to 0.31% [14] - Juzi Technology's major shareholder plans to reduce his stake by up to 0.22% [15] - Perfect World’s actual controller plans to reduce his stake by up to 1.7% [16] - China CRRC intends to spin off its subsidiary CRRC Qichao for listing on the Shenzhen Stock Exchange [17] - Jingrui Electric Materials plans to acquire 76.1% of Hubei Jingrui for 595 million yuan, focusing on high-purity chemicals [18] - Zhejiang Construction Investment's asset purchase and fundraising plan has been approved by the Shenzhen Stock Exchange [19] - Tail Co. received a government subsidy of 2 million yuan, representing 13.71% of its audited net profit for 2024 [20] - Jiangsu Boyun's shareholder plans to reduce his stake by up to 1% [21] - Yonghe Intelligent Control's shareholders plan to reduce their stakes by up to 3.29% [22] - Yuhua Development reached a debt restructuring agreement involving 241 million yuan [23] Group 2: Industry Overview - Derun Electronics operates in the electronic connector and precision components sector [2] - Zhongyuan Tong is involved in the research, production, and sales of various power products [3] - FAW Jiefang is focused on the research, production, and sales of commercial vehicles [5] - Yuanli Co. specializes in the research, production, and sales of chemical products [7] - Hangfa Technology operates in the aerospace engine and gas turbine components sector [8] - Saiwei Electronics is engaged in MEMS chip development and semiconductor equipment [9] - Tianpu Co. is involved in the production of polymer materials for automotive applications [10] - Chen'an Technology focuses on public safety and emergency platform software and equipment [11] - Yinlun Co. specializes in heat exchange products and automotive air conditioning systems [12] - Lianlong operates in the polymer materials and life sciences sectors [13] - Qianyuan High-Tech is involved in seed research and agricultural services [14] - Juzi Technology focuses on machine vision equipment and control systems [15] - Perfect World is engaged in the development and operation of online games and related media [16] - China CRRC specializes in railway equipment and urban infrastructure [17] - Jingrui Electric Materials is involved in high-purity chemicals and lithium battery materials [18] - Zhejiang Construction Investment operates in construction and engineering services [19] - Tail Co. focuses on high-end equipment and smart operation services [20] - Jiangsu Boyun specializes in modified plastic products [21] - Yonghe Intelligent Control operates in water valve fittings and precision radiation therapy [22] - Yuhua Development is involved in real estate development and sales [23]

北京市万商天勤律师事务所 关于 晶瑞电子材料股份有限公司 发行股份购买资产暨关联交易的 补充法律意见书（三） 北京市朝阳区国门外大街 8 号北京国际财源中心 A 座 32 层 100022 电话：+86 10 82255588 www.vtlaw.cn 北京 深圳 上海 成都 武汉 西安 长沙 杭州 海口 南京 广州 昆明 福州 重庆 天津 合肥 郑州 香港(联营) 北京市万商天勤律师事务所 关于晶瑞电子材料股份有限公司 发行股份购买资产暨关联交易的 补充法律意见书（三） 致：晶瑞电子材料股份有限公司 本补充法律意见书系根据《公司法》《证券法》《发行注册管理办法》《重组管理 办法》《格式准则第 26 号》《证券法律业务办法》《证券法律业务规则》等法律、法规、 规范性文件的有关规定而出具。 根据本所与发行人签署的《专项法律服务合同》，本所接受发行人委托，作为发 行人本次交易的专项法律顾问，已于 2025 年 3 月 31 日就本次交易出具《北京市万商 天勤律师事务所关于晶瑞电子材料股份有限公司发行股份购买资产暨关联交易的法 律意见书》（以下简称"《法律意见书》"）。2025 年 4 月 24 日，晶瑞电材公告《 ...

目 录 晶瑞（湖北）微电子材料有限公司全体股东： | | | 审 计 报 告 天健审〔2025〕16226 号 一、审计意见 我们审计了晶瑞（湖北）微电子材料有限公司（以下简称湖北晶瑞公司）财 务报表，包括 2023 年 12 月 31 日、2024 年 12 月 31 日、2025 年 6 月 30 日的资 产负债表，2023 年度、2024 年度、2025 年 1-6 月的利润表、现金流量表、所有 者权益变动表，以及相关财务报表附注。 我们认为，后附的财务报表在所有重大方面按照企业会计准则的规定编制， 公允反映了湖北晶瑞公司 2023 年 12 月 31 日、2024 年 12 月 31 日、2025 年 6 月 30 日的财务状况，以及 2023 年度、2024 年度、2025 年 1-6 月的经营成果和现 金流量。 二、形成审计意见的基础 | | | | 二、财务报表…………………………………………………………第 | 5—9 | 页 | | --- | --- | --- | | （一）资产负债表………………………………………………… | 第 5 | 页 | | （二）利润表………………………………… ...

长城证券股份有限公司 关于 晶瑞电子材料股份有限公司 发行股份购买资产 暨关联交易 之 独立财务顾问报告 （修订稿） 独立财务顾问 （深圳市福田区福田街道金田路2026号能源大厦南塔楼10-19层） 出具日期：二〇二五年十一月 3-1-1 独立财务顾问报告 声明与承诺 长城证券股份有限公司（以下简称"长城证券"）接受晶瑞电子材料股份有 限公司（以下简称"晶瑞电材"）委托，担任晶瑞电材本次发行股份购买资产的 独立财务顾问，制作本独立财务顾问核查意见。 本独立财务顾问严格依照《中华人民共和国公司法》《中华人民共和国证券 法》《上市公司重大资产重组管理办法》《上市公司并购重组财务顾问业务管理 办法》《创业板上市公司证券发行注册管理办法（试行）》《创业板上市公司持 续监管办法（试行）》等法律法规的要求，按照证券行业公认的业务标准、道德 规范，本着诚实信用、勤勉尽责的态度，遵循客观、公正原则，通过认真履行尽 职调查义务和对相关申报和披露文件审慎核查后发表独立财务顾问意见，旨在就 本次交易行为做出独立、客观和公正的评价，以供晶瑞电材全体股东及有关各方 参考。 一、独立财务顾问声明 作为本次交易的独立财务顾问，本独立财务顾 ...

Core Viewpoint - Jingrui Materials (300655) announced the acquisition of 76.0951% equity in Jingrui (Hubei) Microelectronics Materials Co., Ltd. for a total consideration of 595 million yuan, enhancing its capabilities in high-purity chemical products essential for semiconductor manufacturing [1] Group 1: Acquisition Details - The acquisition involves shares from Qianjiang Fund, Big Fund Phase II, Xiamen Minxi Nan, and Guoxin Yihe [1] - The equity stake acquired is valued at 595 million yuan [1] Group 2: Business Focus - Jingrui (Hubei) primarily engages in the research, production, and sales of high-purity chemicals [1] - The products include high-purity hydrogen peroxide and high-purity ammonia, which are critical in semiconductor production processes such as photolithography, development, etching, cleaning, film removal, and slurry preparation [1]

| 证券代码：300655 | 证券简称：晶瑞电材 | 公告编号：2025-115 | | --- | --- | --- | | 债券代码：123124 | 债券简称：晶瑞转 2 | | 晶瑞电子材料股份有限公司 6-9-10-1 | 重大事项提示 | 1、对"一、本次交易方案简要介绍"之"（四）本次交易涉及的发行股份 情况"中对发行价格、发行数量、发行后占上市公司总股份比例、锁定 | | --- | --- | | | 期安排进行了更新； | | | 2、对"一、本次交易方案简要介绍"之"（二）本次交易对上市公司股权 | | | 结构的影响"中对持股数量、持股比例进行了更新； | | | 3、对"一、本次交易方案简要介绍"之"（三）本次交易对上市公司主要 | | | 财务指标的影响"中对更新报告期后的备考财务数据进行了更新； | | | 4、对"本次交易中对中小投资者权益保护的安排"之"（七）本次交易摊 | | | 薄即期回报情况及相关填补措施"中对更新报告期后的备考财务数据 | | | 进行了更新； | | | 1、删除"一、与本次交易相关的风险"之"（五）本次交易摊薄即期回报 的风险"； | | 重大 ...

| 股票代码：300655 | 股票简称：晶瑞电材 | 上市地点：深圳证券交易所 | | --- | --- | --- | | | 债券简称：晶瑞转 | | | 债券代码：123124 | 2 | | 晶瑞电子材料股份有限公司 发行股份购买资产暨关联交易报告书 （草案）摘要（修订稿） | 交易对方名称 | 住所 | | --- | --- | | 湖北长江（潜江）产业投资基金合伙 企业（有限合伙） | 潜江市园林办事处章华南路 号 34 | | 国家集成电路产业投资基金二期股份 | 北京市北京经济技术开发区景园北街 2 号 52 幢 7 | | 有限公司 | 层 701-6 | | 厦门闽西南弘盛科创基金合伙企业 | 厦门市翔安区大嶝街道环嶝北路 98 号 2 楼 202 室 | | （有限合伙） | 之十 | | 深圳市国信亿合新兴产业私募股权投 | 深圳市罗湖区清水河街道清水河社区清水河一路 | | 资基金合伙企业（有限合伙） | 112 号罗湖投资控股大厦塔楼 2 座 901 | 独立财务顾问 二〇二五年十一月 发行股份购买资产暨关联交易报告书（草案）摘要 声明 一、上市公司声明 本公司及全体董事、监 ...