Core Insights - Huiyun Titanium Industry has recently received significant honors, including being named "Outstanding Manufacturing Enterprise of Yunfu City 2024" and establishing the "Key Laboratory for Green Preparation and Functional Application of Titanium Dioxide" [1][4] - The company was also recognized in the "2025 Guangdong Province Green Manufacturing List" and ranked 229th in the "2025 Guangdong Province Top 500 Manufacturing Enterprises," reflecting its commitment to energy conservation and high-quality development [2] Group 1: Recognition and Achievements - The recognition from the government and industry highlights Huiyun Titanium's 20 years of dedication to the titanium dioxide sector and its commitment to green manufacturing and technological innovation [1][2] - The inclusion in the Guangdong Province Green Manufacturing List signifies the company's long-term adherence to energy-saving practices, while its rise in the manufacturing rankings demonstrates its focus on core business and technological advancements [2] Group 2: Sustainable Development and Innovation - Huiyun Titanium has established a unique "Sulfur-Titanium-Iron-Calcium" circular economy industrial chain, becoming the first demonstration base for clean production and circular economy in titanium dioxide using the sulfuric acid method [3] - The company effectively utilizes by-products from titanium dioxide production, such as dilute acid and ferrous sulfate, to create value-added products, thereby reducing sulfuric acid consumption and promoting resource utilization [3] - The establishment of the "Key Laboratory for Green Preparation and Functional Application of Titanium Dioxide" underscores the company's commitment to research and development, focusing on optimizing green preparation processes and developing functional products [4] - Continuous investment in R&D has led to significant technological advancements, enhancing the reuse rate of dilute acid and reducing production costs, positioning the company's products at an internationally advanced level [4]

Core Points - The stock price of Huiyun Titanium Industry has increased by 22.06% this year, with a recent rise of 6.18% over the last five trading days [2] - The company reported a revenue of 1.328 billion yuan for the period from January to September 2025, reflecting a year-on-year growth of 7.92%, while the net profit attributable to shareholders was a loss of 11.2122 million yuan, a decrease of 191.38% compared to the previous year [2] Company Overview - Huiyun Titanium Industry, established on September 28, 2003, and listed on September 17, 2020, is located in Yunfu City, Guangdong Province, and specializes in the research, production, and sales of titanium dioxide products [2] - The main revenue composition includes: 87.34% from rutile titanium dioxide, 10.73% from other products, 1.24% from anatase titanium dioxide, 0.37% from sulfuric acid, and 0.31% from other supplementary products [2] - As of September 30, the number of shareholders increased by 4.84% to 25,300, while the average circulating shares per person decreased by 4.62% to 13,151 shares [2] Market Performance - On November 13, the stock price rose by 2.05% to 9.96 yuan per share, with a trading volume of 33.0072 million yuan and a turnover rate of 1.01%, resulting in a total market capitalization of 3.984 billion yuan [1] - The net inflow of main funds was 598,400 yuan, with large orders buying 3.6395 million yuan (11.03% of total) and selling 3.0411 million yuan (9.21% of total) [1] Dividend Information - Since its A-share listing, Huiyun Titanium Industry has distributed a total of 93.9265 million yuan in dividends, with 23.9265 million yuan distributed over the past three years [3]

| 证券代码：300891 | 证券简称：惠云钛业 | 公告编号：2025-092 | | --- | --- | --- | | 债券代码：123168 | 债券简称：惠云转债 | | 广东惠云钛业股份有限公司 关于控股股东、实际控制人、董事长及其一致行动人股份减持计划 期限届满暨减持实施结果的公告 控股股东、实际控制人、董事长钟镇光及其一致行动人美国万邦有限公司保 证向本公司提供的信息内容真实、准确、完整，没有虚假记载、误导性陈述或重 大遗漏。 本公司及董事会全体成员保证公告内容与信息披露义务人提供的信息一致。 特别提示： 1、权益变动的总体情况为广东惠云钛业股份有限公司（以下简称"公司"） 的控股股东、实际控制人、董事长钟镇光以及其一致行动人美国万邦有限公司（ 以下简称"美国万邦"）合计股权比例被动稀释及股份减持行为，不触及要约收购； 2、本次权益变动的信息披露义务人为公司控股股东、实际控制人、董事长 钟镇光及其一致行动人美国万邦，本次股份变动不会导致公司控股股东、实际控 制人发生变化； 3、本次权益变动后，钟镇光及美国万邦合计持有公司股份占公司总股本的 比例由40.0010%减少至38.1714%； ...

证券简称：惠云钛业 证券代码：300891 债券简称：惠云转债 债券代码：123168 东莞证券股份有限公司 关于广东惠云钛业股份有限公司 向不特定对象发行可转换公司债券 第二次临时受托管理事务报告（2025 年度） 债券受托管理人 （住所：东莞市莞城区可园南路一号） 二〇二五年十一月 重要声明 本报告依据《可转换公司债券管理办法》（以下简称"《管理办法》"）、《广 东惠云钛业股份有限公司向不特定对象发行可转债之受托管理协议》（以下简称 "《受托管理协议》"）、《广东惠云钛业股份有限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》"）等相关规定和约定、公开 信息披露文件、广东惠云钛业股份有限公司（以下简称"公司"、"惠云钛业"或"发 行人"）出具的相关说明文件及提供的相关资料等，由受托管理人东莞证券股份 有限公司（以下简称"东莞证券"或"受托管理人"）编制。 本报告不构成对投资者进行或不进行某项行为的推荐意见，投资者应对相关 事宜做出独立判断，而不应将本报告中的任何内容据以作为东莞证券所作的承诺 或声明。未经东莞证券书面许可，不得将本报告用作其他任何用途。 2 一、核准注册情况 公司 ...

Group 1 - The titanium dioxide sector is experiencing a strong rally, with Anada reaching its daily limit increase [1] - Other companies in the industry, such as Longbai Group, Huiyun Titanium Industry, and Titan Chemical, are also seeing significant gains [1]

Core Insights - On November 7, Huiyun Titanium Industry executed a block trade of 1.83 million shares, with a transaction value of 15.006 million yuan, accounting for 8.21% of the total trading volume for the day [1] - The transaction price was 8.2 yuan, representing a discount of 15.2% compared to the market closing price of 9.67 yuan [1]

Core Viewpoint - The titanium dioxide sector is experiencing a significant upward trend, with companies such as Anada reaching their daily limit increase, while Jinpu Titanium Industry, Guocheng Mining, Longbai Group, Huiyun Titanium Industry, Anning Co., and Tianyuan Co. also see gains [1] Company Performance - Anada has hit the daily limit increase, indicating strong market interest and investor confidence [1] - Jinpu Titanium Industry, Guocheng Mining, Longbai Group, Huiyun Titanium Industry, Anning Co., and Tianyuan Co. are all following suit with notable increases in their stock prices [1]

Core Points - The company Huayun Titanium Industry announced changes to its registered capital and share structure due to the conversion of convertible bonds [2] - The total number of shares will increase from 400,002,662 to 400,007,920, and the registered capital will rise from 400,002,662 yuan to 400,007,920 yuan [2] - The company has completed the necessary registration changes and received updated business licenses from the local market supervision authority [2] Summary by Sections - **Capital Changes** - The company will increase its registered capital and total shares due to the issuance of convertible bonds [2] - The new total number of shares will be 400,007,920, reflecting a minor increase [2] - **Board and Management Adjustments** - The company held meetings to approve the election of independent directors and the appointment of a new financial director [2] - The company has decided to abolish the supervisory board and amended its articles of association accordingly [2] - **Regulatory Compliance** - The company has completed all necessary registration and documentation changes with the local market supervision authority [2] - Updated business licenses and registration notifications have been obtained [2]

Summary of Key Points Core Viewpoint - The A-share market experienced significant block trading activity on November 6, with a total transaction volume of 2.431 billion yuan, highlighting notable trading in companies such as Zhongwei Company, CATL, and Bull Group [1]. Group 1: Trading Activity - A total of 65 stocks underwent block trading, with transaction amounts reaching 2.431 billion yuan [1]. - The top three companies by transaction volume were Zhongwei Company (321 million yuan), CATL (288 million yuan), and Bull Group (254 million yuan) [1]. - Among the stocks, 7 were traded at par value, 3 at a premium, and 55 at a discount [1]. Group 2: Premium and Discount Rates - The stocks with the highest premium rates were Yuchen Intelligent (18.21%), Beijing Bank (10.37%), and AVIC Chengfei (8.69%) [1]. - The stocks with the highest discount rates included Longzhu Technology (26.25%), Electric Alloy (24.03%), and Youfang Technology (21.97%) [1]. Group 3: Institutional Trading - The top institutional buy amounts were led by Zhongwei Company (299 million yuan), CATL (288 million yuan), and Zhongji Xuchuang (183 million yuan) [2]. - The leading institutional sell amounts were dominated by CATL (288 million yuan), Zijin Mining (217 million yuan), and Zhongji Xuchuang (183 million yuan) [2].

| 证券代码：300891 | 证券简称：惠云钛业 | 公告编号：2025-090 | | --- | --- | --- | | 债券代码：123168 | 债券简称：惠云转债 | | 广东惠云钛业股份有限公司 关于完成工商变更登记并换发营业执照的公告 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。 广东惠云钛业股份有限公司（以下简称"公司"）于 2025 年 4 月 23 日召开的 第五届董事会第十次会议、2025 年 5 月 20 日召开的 2024 年度股东大会，审议 通过《关于增加注册资本并修订<公司章程>的议案》，因发行可转债转股，同意 公 司 股 份 总 数 由 400,002,662 股 变 更 为 400,007,920 股 ， 公 司 注 册 资 本 由 400,002,662 元变更为 400,007,920 元。公司于 2025 年 9 月 17 日召开的第五届董 事会第十四次会议、2025 年 10 月 10 日召开的 2025 年第一次临时股东会，审议 通过《关于补选公司独立董事及专门委员会委员的议案》《关于聘任公司财务总 监的议案 ...