Core Viewpoint - The company reported a significant decline in revenue and net profit for the first half of 2025, attributed to severe market imbalances and price drops in the organic silicon industry [1][5]. Financial Performance - The company's operating revenue for the reporting period was CNY 2,327,494,565.35, a decrease of 14.98% compared to the same period last year [1][5]. - The net profit attributable to shareholders was CNY 42,194,086.49, down 35.30% year-on-year [1][5]. - The net cash flow from operating activities increased by 205.81% to CNY 176,169,283.56 [1][5]. - Basic and diluted earnings per share were both CNY 0.04, reflecting a 20.00% decrease from the previous year [1][5]. - The weighted average return on net assets was 0.86%, down from 1.33% [1][5]. Asset and Equity Position - Total assets at the end of the reporting period were CNY 6,273,798,955.85, a decrease of 1.52% from the previous year-end [2]. - The net assets attributable to shareholders were CNY 4,903,345,976.02, showing a slight increase of 0.84% [2]. Market Conditions and Company Strategy - The company faced severe market challenges, including a significant imbalance in supply and demand, leading to a sharp decline in prices [5]. - In response, the company focused on maintaining efficient production operations, enhancing product quality, and accelerating new product development [5]. - The company successfully managed to achieve full production and sales targets despite the adverse market conditions [5].

Group 1 - The board meeting of Shandong Dongyue Silicone Materials Co., Ltd. was held on August 25, 2025, with all 9 directors present, confirming compliance with relevant laws and regulations [1] - The board approved the preparation of the 2025 semi-annual report and its summary, with all directors, supervisors, and senior management signing written confirmation [1] - The voting results for the proposals were unanimous, with 9 votes in favor and no opposition or abstentions [2] Group 2 - The company has completed the implementation of the 2024 annual equity distribution plan, leading to an adjustment in the grant price of the 2024 restricted stock incentive plan from 5.90 yuan per share [2] - The voting for the adjustment of the incentive plan was also unanimous, with 3 votes in favor and no opposition or abstentions [2] - Certain directors recused themselves from voting on the incentive plan due to their status as incentive recipients [2]

Core Viewpoint - The legal opinion letter from King & Wood Mallesons (Beijing) confirms that Shandong Dongyue Silicon Materials Co., Ltd. has complied with necessary legal requirements for the adjustment of its 2024 restricted stock incentive plan, including the approval and authorization processes [5][8]. Group 1: Legal Framework and Compliance - The legal opinion is based on various laws and regulations, including the Company Law, Securities Law, and relevant guidelines from the China Securities Regulatory Commission [1][2]. - The adjustment of the incentive plan is in accordance with the previously effective regulations and the company's articles of association [2][4]. - King & Wood Mallesons has verified the authenticity and completeness of the documents provided by the company, ensuring that there are no significant omissions or misrepresentations [3][4]. Group 2: Approval and Authorization - On October 29, 2024, the company held its second extraordinary general meeting to approve the authorization for the board of directors to handle matters related to the stock incentive plan [5][6]. - The board's remuneration and assessment committee approved the adjustment of the grant price for the restricted stock on August 25, 2025, with relevant members recusing themselves from the vote [6]. - The supervisory board also approved the adjustment on the same date, confirming that necessary approvals have been obtained [6][8]. Group 3: Adjustment Details - The adjustment of the grant price for the restricted stock is due to the completion of the company's profit distribution for the 2024 fiscal year, which included a cash dividend of 0.15 yuan per share, totaling 18 million yuan [7]. - The adjustment formula for the grant price is specified, ensuring that the adjusted price remains above 1 yuan per share [7]. - Following the adjustment, the grant price for the restricted stock has been revised from 5.90 yuan per share to 5.885 yuan per share [7][8]. Group 4: Conclusion - King & Wood Mallesons concludes that the company has fulfilled the necessary approvals and that the adjustment complies with relevant regulations and the incentive plan [8].

Core Viewpoint - The company has adjusted the grant price for the 2024 restricted stock incentive plan due to the completion of its annual equity distribution plan, which involved a cash dividend of 0.15 yuan per 10 shares [1][2][4]. Group 1: Adjustment Details - The adjustment was made following the implementation of the annual equity distribution plan, which was based on a total share capital of 1.2 billion shares [2][3]. - The adjusted grant price for the restricted stock is set at 5.885 yuan per share, calculated by deducting the cash dividend from the previous grant price of 5.90 yuan [3][4]. Group 2: Compliance and Approval - The adjustment complies with the relevant regulations outlined in the "Management Measures for Equity Incentives of Listed Companies" and the company's incentive plan draft, ensuring no harm to the interests of the company or its shareholders [4][5]. - The remuneration and assessment committee, as well as the supervisory board, have reviewed and approved the adjustment, confirming its legality and compliance with applicable laws [4][5].

Group 1 - Dongyue Silicon Materials (SZ 300821) announced the convening of its 13th meeting of the third board of directors on August 25, 2025, to review the proposal regarding the 2025 semi-annual report and its summary [1] - For the year 2024, the revenue composition of Dongyue Silicon Materials is as follows: organic silicon chemical raw material manufacturing accounts for 98.35%, while other businesses account for 1.65% [1] - As of the time of reporting, Dongyue Silicon Materials has a market capitalization of 12.5 billion yuan [1] Group 2 - The pet industry is experiencing a significant boom, with a market size of 300 billion yuan, leading to a surge in stock prices for industry-listed companies [1]

证券代码：300821 证券简称：东岳硅材 公告编号：2025-044 经审议，监事会认为：公司董事会对《2025 年半年度报告》及其摘要的编 制和审议程序符合法律、法规和《公司章程》的有关规定，其内容与格式符合中 国证监会和深圳证券交易所的各项规定，所包含的信息真实、准确、完整地反映 了公司 2025 年半年度的财务状况、经营成果和现金流量，不存在虚假记载、误 导 性 陈 述 或 重 大 遗 漏 。 具 体 内 容 详 见 同 日 刊 载 于 巨 潮 资 讯 网 （http://www.cninfo.com.cn)的相关公告。 山东东岳有机硅材料股份有限公司 第三届监事会第十次会议决议公告 本公司及监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、监事会会议召开情况 山东东岳有机硅材料股份有限公司（以下简称"公司"）第三届监事会第十 次会议（以下简称"监事会"），于 2025 年 8 月 15 日以书面通知的方式向全体 监事发出通知，并于 2025 年 8 月 25 日以现场方式在公司会议室召开。本次会议 应出席监事 3 人，实际出席监事 3 人。本次会议由监事会 ...

山东东岳有机硅材料股份有限公司（以下简称"公司"）第三届董事会第十 三次会议（以下简称"董事会"），于 2025 年 8 月 15 日以书面形式向全体董事 发出通知，并于 2025 年 8 月 25 日以现场结合通讯方式在公司会议室召开。本次 会议应出席董事 9 人，实际出席董事 9 人，董事李明、邱化玉、潘素娇、张羽君 以通讯方式出席会议。本次会议由董事长王维东先生召集并主持，公司监事列席 了本次会议。本次会议的召开符合《中华人民共和国公司法》《中华人民共和国 证券法》《公司章程》《董事会议事规则》等有关法律、法规、规范性文件的规 定，程序合法。 二、董事会审议情况 全体董事经过认真审议和表决，形成如下决议： 证券代码：300821 证券简称：东岳硅材 公告编号：2025-043 山东东岳有机硅材料股份有限公司 第三届董事会第十三次会议决议公告 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 1、审议通过了《关于公司<2025 年半年度报告>及其摘要的议案》 公司董事会严格按照《证券法》及《深圳证券交易所创业板股票上市规则》 等规定， ...

山东东岳有机硅材料股份有限公司 证券代码：300821 证券简称：东岳硅材 公告编号：2025-047 关于调整 2024 年限制性股票激励计划授予价格的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有 虚假记载、误导性陈述或重大遗漏。 一、本激励计划已履行的相关审议程序和信息披露情况 1、2024 年 10 月 7 日，公司召开第三届董事会第六次会议，审议通过了《关 于公司<2024 年限制性股票激励计划（草案）>及其摘要的议案》《关于公司<2024 年限制性股票激励计划实施考核管理办法>的议案》以及《关于提请股东大会授 权董事会办理股权激励相关事宜的议案》等议案。同日，公司召开第三届监事会 第四次会议，审议通过了《关于公司<2024 年限制性股票激励计划（草案）>及 其摘要的议案》《关于公司<2024 年限制性股票激励计划实施考核管理办法>的 议案》以及《关于核实公司<2024 年限制性股票激励计划激励对象名单>的议案》。 2、2024 年 10 月 11 日至 2024 年 10 月 23 日，公司内部对本次拟激励对象 的姓名、职务、所在部门进行了公示。在公示期内，公司监事会未收到任 ...

北京市金杜（青岛）律师事务所 关于山东东岳有机硅材料股份有限公司 2024 年限制性股票激励计划调整事项的 法律意见书 致：山东东岳有机硅材料股份有限公司 北京市金杜（青岛）律师事务所（以下简称金杜或本所）接受山东东岳有机 硅材料股份有限公司（以下简称公司）委托，作为其实施 2024 年限制性股票激 励计划（以下简称本激励计划、本次激励计划或本计划）的专项法律顾问，根据 《中华人民共和国公司法》（以下简称《公司法》）、《中华人民共和国证券法》 （以下简称《证券法》）、中国证券监督管理委员会（以下简称中国证监会） 《上市公司股权激励管理办法》1（以下简称《管理办法》）、深圳证券交易所创 业板股票上市规则（以下简称《上市规则》）、《深圳证券交易所创业板上市公 司自律监管指南第 1 号——业务办理（2025 年修订）》（以下简称《监管指 南》）等法律、行政法规、部门规章及规范性文件（以下简称法律法规）和《山 东东岳有机硅材料股份有限公司章程》（以下简称《公司章程》）以及公司于 2024 年 10 月 8 日公告的《山东东岳有机硅材料股份有限公司 2024 年限制性股 票激励计划（草案）》（以下简称《激励计划（草案） ...

Financial Performance - The company's operating revenue for the first half of 2025 was approximately ¥2.33 billion, a decrease of 14.98% compared to ¥2.74 billion in the same period last year[18]. - Net profit attributable to shareholders was approximately ¥42.19 million, down 35.30% from ¥65.22 million in the previous year[18]. - Basic earnings per share decreased by 20.00% to ¥0.04 from ¥0.05 in the previous year[18]. - The company achieved operating revenue of CNY 2.33 billion in the first half of 2025, a decrease of 14.98% compared to the same period last year[35]. - The net profit attributable to shareholders was CNY 42.19 million, down 35.30% year-on-year[35]. - The company maintained a gross profit margin of 0.91% for rubber products, despite a 26.62% decline in revenue for this segment[45]. - Operating profit was ¥45,875,778.49, down 37.3% from ¥73,244,190.85[132]. - Total profit for the period was ¥42,132,036.73, a decrease of 35.1% from ¥64,986,751.55[133]. Cash Flow and Liquidity - The net cash flow from operating activities increased significantly by 205.81%, reaching approximately ¥176.17 million compared to ¥57.61 million in the same period last year[18]. - The company reported a significant increase in cash and cash equivalents, with a net increase of CNY 161.32 million, up 156.84% from the previous year[43]. - The company's cash and cash equivalents increased to ¥956,730,868.24 from ¥795,413,149.94, representing a growth of approximately 20.3%[123]. - Cash and cash equivalents rose to ¥956,438,145.66 from ¥793,970,775.26, indicating an increase of approximately 20.5%[127]. - The cash flow from operating activities showed a positive trend, with a net cash flow increase of CNY 118,562,406.82 year-over-year[140]. Assets and Liabilities - Total assets at the end of the reporting period were approximately ¥6.27 billion, a decrease of 1.52% from ¥6.37 billion at the end of the previous year[18]. - Total liabilities decreased to ¥1,330,116,406.68 from ¥1,468,193,096.03, reflecting a reduction of approximately 9.4%[125]. - The total number of unrestricted shares was 1,200,000, representing 99.98% of the total shares, with no changes during the reporting period[109]. - The total assets at the end of the reporting period amounted to 6,558 million RMB, reflecting a stable financial position[153]. Research and Development - Research and development investment decreased by 17.26% to CNY 72.28 million compared to the previous year[43]. - The company developed over 40 new product grades in the first half of 2025, expanding its product portfolio to over 520 grades[33]. - The company has allocated 322.0 million CNY for research and development to enhance its product offerings[151]. - The research and development expenses for the period were 1.1 billion yuan, accounting for approximately 4.9% of total revenue[145]. Market and Product Development - The company operates in the organic silicon materials sector, focusing on R&D, production, and sales of products such as silicone rubber, silicone oil, silicone resin, and fumed silica[25]. - The company plans to expand into emerging overseas markets to reduce reliance on a single market and mitigate trade barrier risks[62]. - The company plans to continue focusing on market expansion and new product development strategies moving forward[136]. - The company aims to enhance its market expansion strategies, focusing on new product development and technological advancements[154]. Corporate Governance and Management - The company has not distributed cash dividends or bonus shares for the half-year period, nor has it increased share capital from capital reserves[71]. - The company has not experienced any changes in its board of directors, supervisors, or senior management during the reporting period[70]. - The company has actively engaged with investors through various communication channels, ensuring transparency and protecting the rights of shareholders and creditors[78]. - The company has established a supplier evaluation system to ensure dynamic management and collaboration with qualified suppliers, aiming for mutual development[79]. Risks and Compliance - The company is facing various operational risks, which are detailed in the management discussion section of the report[5]. - The company has been included in the list of enterprises required to disclose environmental information, with one subsidiary actively reporting its environmental data[76]. - The company has implemented a safety management system including a Safety Instrumented System (SIS) and leak detection alarms to mitigate environmental and safety risks associated with its silicone production[65]. Shareholder Information - The total number of shareholders at the end of the reporting period was 58,085, with no special voting rights shares reported[112]. - The largest shareholder, Dongyue Fluorosilicone Technology Group Co., Ltd., holds 44.40% of the shares, totaling 532,778 shares, with no changes reported[112]. - The total number of restricted shares before the change was 218,000, with a decrease of 8,750 shares, resulting in 209,250 restricted shares after the change, maintaining a ratio of 0.02%[108]. Financial Reporting and Accounting Policies - The company's financial reports comply with the requirements of the accounting standards, reflecting its financial position and operating results accurately[163]. - The company prepares consolidated financial statements based on its own and subsidiaries' financial reports, reflecting the overall financial position, operating results, and cash flows of the entire corporate group[173]. - The company must ensure that any losses exceeding the minority shareholders' share in the subsidiary's equity at the beginning of the period are deducted from minority interests[178].