国信证券股份有限公司 关于江西志特新材料股份有限公司 2025 年半年度持续督导跟踪报告 | 保荐人名称：国信证券股份有限公司 | 被保荐公司简称：志特新材 | | --- | --- | | 保荐代表人姓名：蒋猛 | 联系电话：0755-81981264-706031 | | 保荐代表人姓名：周燕春 | 联系电话：0755-81981294-703216 | 一、保荐工作概述 | 项目 | 工作内容 | | --- | --- | | 1、公司信息披露审阅情况 | | | （1）是否及时审阅公司信息披露文件 | 是 | | （2）未及时审阅公司信息披露文件的次数 | 不适用 | | 2、督导公司建立健全并有效执行规章制度的 | | | 情况 | | | （1）是否督导公司建立健全规章制度（包括 | 是 | | 但不限于防止关联方占用公司资源的制度、 | | | 募集资金管理制度、内控制度、内部审计制 | | | 度、关联交易制度） | | | （2）公司是否有效执行相关规章制度 | 是 | | 3、募集资金监督情况 | | | （1）查询公司募集资金专户次数 | 1 次 | | （2）公司募集资金项目进展是 ...

江西志特新材料股份有限公司 2025 年半年度报告全文 江西志特新材料股份有限公司 2025 年半年度报告 2025-112 2025 年 8 月 1 江西志特新材料股份有限公司 2025 年半年度报告全文 第一节 重要提示、目录和释义 公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容 的真实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担 个别和连带的法律责任。 公司负责人高渭泉、主管会计工作负责人李真先及会计机构负责人（会 计主管人员）谢斌声明：保证本半年度报告中财务报告的真实、准确、完整。 所有董事均已出席了审议本次半年报的董事会会议。 本报告中如有涉及未来的计划、业绩预测等方面的内容，均不构成本公 司对任何投资者及相关人士的承诺。投资者及相关人士均应对此保持足够的 风险认识，并应当理解计划、预测与承诺之间的差异。 公司在本报告第三节"管理层讨论与分析"之"十、公司面临的风险和 应对措施"部分，详细描述了公司经营中可能存在的风险及应对措施，敬请 投资者关注相关内容。 公司计划不派发现金红利，不送红股，不以公积金转增股本。 2 | | | . | | --- | --- | -- ...

Market Overview - The professional engineering sector increased by 1.04% on August 26, with Yaxiang Integration leading the gains [1] - The Shanghai Composite Index closed at 3868.38, down 0.39%, while the Shenzhen Component Index closed at 12473.17, up 0.26% [1] Top Gainers in Professional Engineering Sector - Yaxiang Integration (603929) closed at 42.45, up 10.00% with a trading volume of 77,900 shares and a transaction value of 329 million [1] - Sentai Co., Ltd. (603098) closed at 16.20, up 9.98% with a trading volume of 460,500 shares and a transaction value of 733 million [1] - Rishang Group (002593) closed at 5.64, up 9.94% with a trading volume of 679,200 shares and a transaction value of 373 million [1] Other Notable Performers - Aiman Co., Ltd. (605289) closed at 49.88, up 7.57% with a trading volume of 95,400 shares [1] - Nenghuizhi (301046) closed at 22.69, up 4.51% with a trading volume of 86,400 shares [1] - Shenghui Integration (603163) closed at 40.56, up 4.46% with a trading volume of 124,900 shares [1] Decliners in Professional Engineering Sector - Shikong Technology (605178) closed at 25.07, down 4.89% with a trading volume of 54,100 shares and a transaction value of 138 million [2] - Tongguan Mining Construction (920019) closed at 24.93, down 3.33% with a trading volume of 47,700 shares and a transaction value of 120 million [2] - Yongfu Co., Ltd. (300712) closed at 26.60, down 2.67% with a trading volume of 48,200 shares and a transaction value of 129 million [2] Capital Flow Analysis - The professional engineering sector saw a net inflow of 172 million from main funds, while retail funds experienced a net outflow of 82.72 million [2] - Notable net inflows from main funds included Rishang Group (1.22 million) and Shensanda A (1.03 million) [3] - Significant net outflows from retail funds were observed in Rishang Group (-6.23 million) and Shensanda A (-7.60 million) [3]

Group 1 - The company has developed a thin phase change high-temperature insulation and flame-retardant material that can be applied in green buildings and public facilities with high fire protection requirements [2] - As of August 25, the company stated that the material is currently in the market expansion phase [2] - The company advises stakeholders to refer to publicly disclosed information for specific details regarding the sales of the material [2]

Group 1 - The core viewpoint of the news is that Zhite New Materials has successfully developed a new type of "thin phase change high-temperature thermal insulation and flame retardant material" that can withstand extreme temperatures, marking a significant breakthrough in high-temperature protection technology [1][2][3] - The new material can maintain a suitable temperature environment for nearly one hour in flames ranging from 800 to 3000℃, significantly enhancing protective performance and promising substantial industrial transformation in the high-temperature protection field [1][2] - The material's heat absorption density has surpassed 3600 J/g, achieving 3 to 12 times the efficiency of traditional materials, addressing the long-standing conflict between material thickness and protection duration [1][2] Group 2 - Zhite New Materials is a leading company in the domestic aluminum formwork industry, and the introduction of the new material is expected to replace traditional insulation solutions such as thermal insulation coatings and aerogels [2] - In the construction sector, the new material's theoretical performance significantly exceeds national standards, with a 2.5 cm layer maintaining a back temperature below 80℃ in a simulated 900℃ fire scenario, while the national standard allows a maximum of 140℃ [2] - The material has demonstrated excellent performance in three key areas: battery thermal runaway protection, extreme high-temperature insulation, and basic physical properties, indicating a strong foundation for industry validation and commercialization [3]

Summary of Key Points Core Viewpoint - The company, Jiangxi Zhite New Materials Co., Ltd., has announced the early redemption of its convertible bonds, "Zhite Convertible Bonds," due to the stock price meeting the conditions for redemption as outlined in the bond issuance terms [1][2]. Group 1: Convertible Bond Issuance and Redemption - The company issued 6.14033 million convertible bonds at a face value of 100 RMB each, raising a total of 614.033 million RMB on March 31, 2023 [1]. - The redemption was triggered as the company's stock price was at least 130% of the conversion price for 15 out of 30 consecutive trading days [1][2]. - The board approved the early redemption of the bonds during a meeting on July 9, 2025 [1]. Group 2: Redemption Implementation Details - The redemption price will be based on the closing price on the redemption registration date, August 7, 2025 [2]. - Key dates include: - Trading halt on August 5, 2025 - Redemption registration on August 7, 2025 - Redemption date on August 8, 2025 - Funds to be credited to investors' accounts by August 15, 2025 [2]. - A total of 18,102 bonds will be redeemed, amounting to 1,816,716.72 RMB [2]. Group 3: Impact of Redemption - The total face value of the redeemed bonds is 1,810,200 RMB, representing 0.29% of the total issuance, which will not significantly impact the company's financial status or cash flow [3]. - The conversion of the bonds has resulted in an increase of 62,630,823 shares, which may dilute earnings per share in the short term [4]. Group 4: Stock Structure Changes - Following the conversion and redemption, the total share capital will increase to 411,973,975 shares, with the proportion of unrestricted shares rising significantly [4]. - The convertible bonds will be delisted from the Shenzhen Stock Exchange on August 18, 2025 [4].

Core Viewpoint - Jiangxi Zhite New Materials Co., Ltd. has fully redeemed its convertible bonds "Zhite Convertible Bonds" and will delist them from the Shenzhen Stock Exchange on August 18, 2025 [1][6]. Convertible Bond Basic Information - The company issued convertible bonds amounting to RMB 614.03 million on March 31, 2023, with the bonds listed on April 21, 2023, under the name "Zhite Convertible Bonds" and code "123186" [1]. - The initial conversion price was set at RMB 41.08 per share, which has been adjusted multiple times, with the latest adjustment bringing it down to RMB 8.86 per share as of the announcement date [2]. Conversion Period and Price Adjustments - The conversion period for the bonds started on October 9, 2023, and will end on March 30, 2029 [2]. - The conversion price has undergone several adjustments, including a reduction to RMB 40.99 per share on July 3, 2023, and further adjustments planned for future dates [2][3]. Redemption and Delisting - As of the redemption registration date on August 7, 2025, there were 18,102 bonds remaining unconverted, which were fully redeemed at a total cost of RMB 1,816,716.72 [5][6]. - Following the complete redemption, the "Zhite Convertible Bonds" will no longer be traded and will be delisted from the Shenzhen Stock Exchange on August 18, 2025 [6].

Core Viewpoint - The company announced the full redemption of its "Zhite Convertible Bonds" and the complete payment of the redemption amount, with the bonds set to be delisted on August 18, 2025 [1] Group 1 - The company received a report from China Securities Depository and Clearing Corporation Limited Shenzhen Branch regarding the redemption results of the bonds [1] - The "Zhite Convertible Bonds" were fully redeemed as of August 15, 2025 [1] - The delisting of the bonds is scheduled for August 18, 2025, in accordance with the relevant business rules of the Shenzhen Stock Exchange [1]

| 证券代码：300986 | 证券简称：志特新材 | 公告编号：2025-109 | | --- | --- | --- | | 转债代码：123186 | 转债简称：志特转债 | | 江西志特新材料股份有限公司 关于"志特转债"摘牌的公告 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。 根据《募集说明书》的约定，本次发行的可转债转股期自可转债发行结束之 日（2023 年 4 月 7 日）起满六个月后第一个交易日起至可转债到期日止，即 2023 特别提示： 1、"志特转债"赎回日：2025 年 8 月 8 日； 2、投资者赎回款到账日：2025 年 8 月 15 日； 3、"志特转债"摘牌日：2025 年 8 月 18 日； 4、"志特转债"摘牌原因：存续期内可转债全部赎回 江西志特新材料股份有限公司（以下简称"公司"）于 2025 年 8 月 15 日收 到中国证券登记结算有限责任公司深圳分公司（以下简称"中登公司"）出具的 《债券赎回结果报表》，公司发行的"志特转债"已全部赎回，并已全额支付赎 回金额。根据深圳证券交易所（以下简称"深交所"）相关业务规则 ...

江西志特新材料股份有限公司 关于"志特转债"赎回结果的公告 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、可转换公司债券赎回情况概述 | 证券代码：300986 | 证券简称：志特新材 | 公告编号：2025-108 | | --- | --- | --- | | 转债代码：123186 | 转债简称：志特转债 | | （一）可转换公司债券发行上市情况 经中国证券监督管理委员会《关于同意江西志特新材料股份有限公司向不特 定对象发行可转换公司债券注册的批复》（证监许可〔2023〕543 号）同意，江 西志特新材料股份有限公司（以下简称"公司"）于 2023 年 3 月 31 日向不特定 对象发行可转换公司债券（以下简称"可转债"）614.033 万张，发行价格为每 张面值 100 元人民币，按面值发行，募集资金共计人民币 61,403.30 万元。经深 圳证券交易所同意，公司本次可转债于 2023 年 4 月 21 日在深圳证券交易所挂牌 交易，债券简称"志特转债"，债券代码"123186"。 （二）可转换公司债券赎回起因 根据《江西志特新材料股份有限公司 ...