Group 1 - The core point of the article is that Feilu Co., Ltd. has announced the approval of a stock issuance to specific targets by its board, confirming compliance with regulatory requirements over the past five years [1] - The self-examination conducted by the company revealed no penalties or regulatory measures taken against it by the China Securities Regulatory Commission or stock exchanges in the last five years [1] - This self-examination reflects the company's commitment to maintaining a good compliance record in its operations and capital market activities over the past five years [1]

Group 1 - The company is planning to issue shares to specific investors to enhance its capital strength and profitability, driven by the positive outlook in the rail transit industry and the demand for waterproofing materials in large infrastructure projects [2][4][8] - The rail transit industry in China has maintained high investment levels since 2011, with a projected fixed asset investment of 850.6 billion yuan in 2024, representing a year-on-year growth of 11.26% [2][3] - The urban rail transit network is expected to reach 10,000 kilometers of operational mileage by 2025, indicating sustained growth in the rail transit sector [3][4] Group 2 - The waterproofing industry has significant market potential, with applications in high-speed rail, subways, and large infrastructure projects, which are crucial for the company's performance [4][5] - The company is actively expanding into the renewable energy sector, focusing on wind power, solar energy, and energy storage, which are expected to support its revenue growth [6][8] - The company aims to optimize its capital structure due to increasing debt ratios, with a debt ratio of 77.39% as of June 30, 2025, indicating a need for improved financial stability [9][10] Group 3 - The issuance of shares is intended to provide necessary funding for the company's main business expansion and entry into the renewable energy sector, enhancing its market share and industry position [8][10] - The company has established a plan to ensure the effective use of raised funds, adhering to relevant laws and regulations to maintain transparency and accountability [26][27] - The company has committed to measures to mitigate the potential dilution of immediate returns for investors, ensuring the protection of shareholder interests [21][25][28]

Core Viewpoint - The company is issuing shares to specific investors, which will dilute immediate returns, and has outlined measures to compensate for this dilution while ensuring the protection of minority shareholders' interests [1][5][6]. Financial Impact Analysis - The total amount raised from the issuance is expected to be no more than 323.20 million yuan, leading to an increase in total share capital and net assets, which may result in a short-term dilution of earnings per share and return on equity [1][2]. - Post-issuance, the total share capital will increase from 218,945,730 shares to 258,945,730 shares [2]. - The projected net profit attributable to shareholders for 2025 is estimated at -135.65 million yuan, with various scenarios predicting different levels of loss reduction or increase [3][4]. Key Financial Metrics - Under different scenarios, the basic and diluted earnings per share are projected to be as follows: - Scenario 1: Basic EPS of -0.74, -0.64, -0.63 [4] - Scenario 2: Basic EPS of -0.74, -0.57, -0.57 [4] - Scenario 3: Basic EPS of -0.74, -0.70, -0.69 [4] - The weighted average return on equity is expected to decline significantly, with estimates ranging from -29.52% to -44.45% across scenarios [4]. Necessity and Reasonableness of the Issuance - The funds raised will be used to supplement working capital, aligning with the company's current development needs and enhancing its capital strength for sustainable growth [5][6]. Measures to Compensate for Dilution - The company plans to focus on its core business to enhance profitability and reduce the impact of dilution [6][7]. - Strict management and oversight of the raised funds will be implemented to ensure they are used legally and effectively [7]. - The company aims to improve operational management and internal controls to enhance efficiency and profitability [7]. - A profit distribution policy will be established to ensure stable returns to shareholders, particularly in cash dividends [8]. Commitments from Key Stakeholders - The controlling shareholder and actual controller have committed to ensuring the effectiveness of the measures to compensate for the dilution of immediate returns [9]. - Directors and senior management have also made commitments to align their performance with the execution of these compensation measures [9].

Core Viewpoint - The company confirms that there are no financial aids or compensations provided to investors participating in the stock issuance, either directly or through related parties [1] Group 1 - The company, Zhuzhou Feilu High-tech Materials Technology Co., Ltd., issued an announcement regarding its stock issuance to specific investors [1] - The company guarantees that the information disclosed is true, accurate, and complete, with no false records or misleading statements [1] - The company commits that it does not provide any minimum return guarantees or indirect financial support to investors participating in the stock subscription [1]

株洲飞鹿高新材料技术股份有限公司 简式权益变动报告书 上市公司名称：株洲飞鹿高新材料技术股份有限公司 股票上市地点：深圳证券交易所 股票简称：飞鹿股份 股票代码：300665 信息披露义务人：章卫国 住所：湖南省株洲市荷塘区 通讯地址：湖南省株洲市荷塘区 股份变动性质：减少（协议转让、表决权委托、向特定对象发行股票导致 被动稀释） 签署日期：二〇二五年八月 信息披露义务人声明 一、本报告书系依据《中华人民共和国公司法》《中华人民共和国证券法》《上 市公司收购管理办法》《公开发行证券的公司信息披露内容与格式准则第 15 号—— 权益变动报告书》及其他相关法律、法规和规范性文件编写。 二、信息披露义务人签署本报告书已获得必要的授权和批准。 三、依据《中华人民共和国证券法》《上市公司收购管理办法》《公开发行证 券的公司信息披露内容与格式准则第 15 号——权益变动报告书》的规定，本报告书 已全面披露信息披露义务人在株洲飞鹿高新材料技术股份有限公司中拥有权益的股 份变动情况。 本报告书中，除非另有说明，下列简称具有以下含义： 上市公司、飞鹿股份 指 株洲飞鹿高新材料技术股份有限公司 信息披露义务人、转让 指 章卫国 ...

Core Viewpoint - The company is undergoing a change in actual control as its major shareholder, Zhang Weiguo, has signed agreements to transfer shares and delegate voting rights to Shanghai Xiaoguang Intelligent Technology Co., Ltd. [1][2][3] Summary by Sections 1. Transaction Overview - The transaction includes a share transfer, voting rights delegation, and a conditional share subscription agreement with Xiaoguang Intelligent [3][4]. - Zhang Weiguo will transfer 11 million shares, representing 5.02% of the company's total share capital, to Xiaoguang Intelligent [3][4]. - After the completion of the agreements, Xiaoguang Intelligent will hold 18.71% of the voting rights in the company [2][4]. 2. Voting Rights Delegation - Zhang Weiguo will irrevocably delegate the voting rights of 29,966,913 shares to Xiaoguang Intelligent for a period that lasts until either the subscription of shares is registered or 24 months have passed [2][4][12]. - If the delegation period reaches 24 months while the share subscription is still under review, the delegation will be extended until the subscription process concludes [2][4]. 3. Share Subscription Agreement - Xiaoguang Intelligent plans to subscribe for no less than 32 million shares and no more than 40 million shares in the company [2][4][14]. - The final number of shares to be issued will be determined by the company's board based on shareholder authorization and regulatory approvals [4][14]. 4. Financial Arrangements - Xiaoguang Intelligent will provide a loan of at least 50 million yuan to the company, with 25 million yuan to be paid by October 10, 2025 [5][14]. - The funds raised from the share subscription will be used to enhance the company's liquidity and reduce its debt levels [14][15]. 5. Impact on Company Control and Operations - The actual controller will change to Yang Yixiao after the agreements are executed [2][14]. - The new controller is expected to leverage market resources and technical expertise to drive business growth in various sectors, including petrochemicals and new energy [15]. 6. Compliance and Regulatory Aspects - The transaction is subject to compliance review by the Shenzhen Stock Exchange and requires approval from the China Securities Regulatory Commission [3][14]. - The company will fulfill its information disclosure obligations as the transaction progresses [16].

证券代码：300665 证券简称：飞鹿股份 公告编号：2025-119 株洲飞鹿高新材料技术股份有限公司 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。 株洲飞鹿高新材料技术股份有限公司（以下简称"公司"）于 2025 年 8 月 （以下简称"预案"）已于 2025 年 8 月 26 日在中国证券监督 对象发行股票预案》 管理委员会（以下简称"中国证监会"）指定的创业板信息披露网站巨潮资讯网 （www.cninfo.com.cn）上披露，敬请广大投资者及时查阅。 公司本次向特定对象发行股票预案披露事项不代表审批机关对于本次向特 定对象发行股票事项的实质性判断、确认、批准或注册，预案所述本次向特定对 象发行股票相关事项尚需公司股东会审议通过以及深圳证券交易所审核通过，并 获得中国证监会作出同意注册的决定后方可实施，敬请广大投资者注意投资风险。 特此公告。 株洲飞鹿高新材料技术股份有限公司 董事会 《株洲飞鹿高新材料技术股份有限公司 2025 年度向特定 象发行股票的相关议案。 ...

杨奕骁为得宵技术和骁光智能的实际控制人。 （二）信息披露义务人的控股股东、实际控制人基本情况 截至本报告书签署日，信息披露义务人的控股股东得宵技术基本情况如下： 企业名称 上海得宵技术合伙企业（有限合伙） 企业类型 有限合伙企业 执行事务合伙人 杨奕骁 出资额 20,000 万元 社会统一信用代码 91310113MAERHLF88G 成立日期 2025-08-05 经营期限 2025-08-05 至 无固定期限 注册地址 上海市宝山区环镇北路 936 号 1 幢 3 层 341 室 一般项目：技术服务、技术开发、技术咨询、技术交流、技术转让、 技术推广；社会经济咨询服务；销售代理；日用品销售；广告设计、 经营范围 代理；翻译服务；第一类医疗器械销售；艺术品代理。（除依法须经 批准的项目外，凭营业执照依法自主开展经营活动） 截至本报告书签署日，信息披露义务人的实际控制人杨奕骁基本情况如下： 杨奕骁，女，1989 年出生，中国国籍，无境外永久居留权，硕士研究生学 株洲飞鹿高新材料技术股份有限公司 详式权益变动报告书 历，北京大学光华管理学院 EMBA，曾在华兴控股集团任职投资部总经理，2018 年入职北京华友企 ...

Group 1 - The company held its eighth board meeting on August 22, 2025, where it confirmed compliance with the conditions for issuing shares to specific targets [1][2] - The board approved the proposal for the 2025 annual issuance of shares to specific targets, which will involve issuing domestic listed RMB ordinary shares (A-shares) at a par value of RMB 1.00 per share [2][3] - The issuance will be conducted entirely through a specific target issuance method, with Shanghai Xiaoguang Intelligent Technology Co., Ltd. as the target for cash subscription [3][4] Group 2 - The pricing benchmark date for the issuance is the announcement date of the board's resolution, with the issuance price set at RMB 8.08 per share, not lower than 80% of the average trading price over the previous 20 trading days [3][4] - The total number of shares to be issued will not exceed 40 million shares and not be less than 32 million shares, accounting for no more than 30% of the company's total share capital prior to the issuance [4][5] - The funds raised from this issuance will not exceed RMB 323.2 million, and the net proceeds will be used entirely to supplement working capital [5][6] Group 3 - The board approved the feasibility analysis report for the use of funds raised from the issuance, confirming its alignment with the company's actual situation and development needs [8][9] - The board also approved the report on the use of previous fundraising, which was reviewed and verified by an independent auditor [9][10] - The board discussed measures to mitigate the dilution of immediate returns due to the issuance and received commitments from relevant parties to ensure these measures are implemented [10][11] Group 4 - The board approved the signing of a conditional share subscription agreement with the specific target, which constitutes a related party transaction [11][12] - The company plans to implement a shareholder return plan for the next three years (2025-2027) to ensure stable and continuous returns for investors [12][13] - The board proposed to authorize itself to handle all matters related to the issuance of shares to specific targets, including adjustments based on market conditions and regulatory requirements [13][14] Group 5 - The company will hold its fourth extraordinary general meeting of shareholders on September 10, 2025, to further discuss the approved proposals [15][16] - The board's resolutions will be valid for twelve months from the date of approval by the shareholders [14][17]

（2）网络投票时间：2025 年 9 月 10 日，其中，通过深圳证券交易所交易 证券代码：300665 证券简称：飞鹿股份 公告编号：2025-116 株洲飞鹿高新材料技术股份有限公司 关于召开公司 2025 年第四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。 经株洲飞鹿高新材料技术股份有限公司（以下简称"公司"）第五届董事会 第八次会议审议通过，决定于 2025 年 9 月 10 日（星期三）召开公司 2025 年第 四次临时股东会。现将会议相关事项通知如下： 一、召开会议的基本情况 定召开 2025 年第四次临时股东会。召集程序符合法律、法规、规范性文件和《公 司章程》的规定。 门规章、规范性文件及《公司章程》的规定。 （1）现场会议召开时间：2025 年 9 月 10 日（星期三） 14:00 系 统 进 行 网 络 投 票 的 时 间 为 ： 2025 年 9 月 10 日 9:15-9:25 、 9:30-11:30 和 年 9 月 10 日 9:15-15:00 期间的任意时间。 将通过深圳证券交易所交易系统和互联网投票系统 ...