每经记者｜闫峰峰 每经编辑｜吴永久 如严牌股份7月份发布的增持计划显示，其控股股东、实际控制人的一致行动人天台友凤投资咨询管理 有限公司（以下简称"友凤投资"）增持数量不超过公司总股本的5%。5%的增持比例上限看起来并不 低，但每经资本眼专栏记者发现，友凤投资的增持计划并不像其表面所展示的那般利好。 而这意味着，只要后期严牌股份的股价保持相对稳定，就算友凤投资按照增持金额的上限完成增持，也 远远不能达到5%的增持上限比例。如果要按3400万元的增持上限金额，完成5%的增持上限比例，意味 着严牌股份的市值至少要跌至6.8亿元才有可能完成。而这意味着严牌股份的市值和股价需要至少下跌 70%，友凤投资才能以3400万元的金额完成5%的增持比例。 增持口径差距过大或致投资者"比例虚高、金额实低"心理落差 上市公司重要股东的增持计划往往给予市场积极信号。而7月份发布重要股东增持计划的13家公司中， 也不乏大比例增持计划。 那么，严牌股份在公告中的增持上限比例，和按照增持上限金额计算的增持上限比例差距甚远的情况， 会产生什么影响呢？ 对此，上海明伦律师事务所王智斌律师表示，从信息披露角度看，公告同时给出"金额区间"与"比 ...

Group 1 - Niuwei Co., Ltd. reported a net profit of 637 million yuan for the first half of 2025, representing a year-on-year increase of 30.47% [1] - The company achieved a total operating revenue of 3.404 billion yuan, up 19.96% year-on-year [1] - Niuwei specializes in the research, manufacturing, and sales of industrial valves [2] Group 2 - Shandong Haohua plans to acquire a 29% stake in Zhongyan Alkali Industry with a total investment of 2.32 billion yuan [2] - The company is involved in the production of soda ash and caustic soda [3] Group 3 - Dongfang Co., Ltd. announced a partnership with Dongfang Import and Export Company to develop overseas marketing business [38] - The company focuses on the research, production, and sales of light commercial vehicles and powertrains [38] Group 4 - Xinyuan Technology reported a net profit of 52.6 million yuan for the first half of 2025, a year-on-year increase of 10.70% [12] - The company achieved an operating revenue of 2.871 billion yuan, up 3.86% year-on-year [12] - Xinyuan provides one-stop custom development and production services for pharmaceutical companies and research institutions [12] Group 5 - Zhuhai Piano announced that its subsidiary won the operating rights project for the Baihuazhai scenic area, with an investment of no less than 400 million yuan over 20 years [21] - The company specializes in the research, manufacturing, and sales of pianos and digital musical instruments [21] Group 6 - Zhenghong Technology reported a sales revenue of 26.02 million yuan from pig sales in July, a year-on-year increase of 288.69% [16] - The company sold 63,000 pigs in total from January to July 2025, with a cumulative sales revenue of 109 million yuan, representing a year-on-year increase of 38.06% [16] - Zhenghong focuses on feed products and pig farming [17] Group 7 - ST Nuotai received the cGMP certification from Brazil's National Health Surveillance Agency for its production facility [15] - The company specializes in the research and development of peptide drugs and small molecule pharmaceuticals [15] Group 8 - Guizhou Moutai has repurchased a total of 3.4517 million shares, accounting for 0.2748% of its total share capital, with a total expenditure of 5.301 billion yuan [48][49] - The company is engaged in the production and sales of Moutai liquor and related products [49]

进行现金管理的核查意见 深圳证券交易所： 长江证券承销保荐有限公司（以下简称"长江保荐"、"保荐机构"）作为浙 江严牌过滤技术股份有限公司（以下简称"严牌股份"、"公司"）首次公开发行 股票并在创业板上市、向不特定对象发行可转换公司债券的保荐机构，根据 《证券发行上市保荐业务管理办法》、《上市公司募集资金监管规则》、《深圳证 券交易所创业板股票上市规则》、《深圳证券交易所上市公司自律监管指引第 2 号——创业板上市公司规范运作》等相关法律、法规和规范性文件的规定履行 持续督导职责，对严牌股份本次拟使用部分暂时闲置募集资金进行现金管理的 事项进行了审慎核查，核查情况及核查意见如下： 一、募集资金的基本情况 经中国证券监督管理委员会核发的《关于同意浙江严牌过滤技术股份有限 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[2024]40 号）同 意注册，浙江严牌过滤技术股份有限公司向不特定对象发行 4,678,889 张可转换 公司债券，每张面值为人民币 100 元，募集资金总额人民币 467,888,900.00 元， 扣除各项发行费用后的实际募集资金净额为 460,669,659.96 元。 上述募集 ...

| 证券代码：301081 | 证券简称： | 严牌股份 | 公告编号：2025-068 | | --- | --- | --- | --- | | 债券代码：123243 | 债券简称： | 严牌转债 | | 浙江严牌过滤技术股份有限公司 关于为全资子公司向银行申请授信额度提供担保的公告 本公司全体董事保证公告内容的真实、准确和完整，并对公告中的虚假记载、 误导性陈述或者重大遗漏承担责任。 特别风险提示： 本次提供担保后，浙江严牌过滤技术股份有限公司（以下简称"公司"或"严 牌股份"）对资产负债率超过 70%的单位担保金额超过了公司最近一期经审计净 资产的 50%，均为合并报表范围内的担保事项，敬请广大投资者充分关注担保风 险。 公司于 2025 年 8 月 5 日召开了第四届董事会第十九次会议和第四届监事会 第十六次会议，审议通过《关于为全资子公司向银行申请授信额度提供担保的议 案》，该事项尚需提交公司 2025 年第三次临时股东大会审议。现将有关情况公 告如下： 一、本次担保基本情况 为满足全资子公司商丘严牌新材料有限公司（以下简称"商丘严牌"）项目 建设和生产经营资金的需要，公司拟为其申请综合授信额度 ...

| 证券代码：301081 | 证券简称： | 严牌股份 | 公告编号：2025-069 | | --- | --- | --- | --- | | 债券代码：123243 | 债券简称： | 严牌转债 | | 浙江严牌过滤技术股份有限公司 关于使用部分暂时闲置募集资金进行现金管理的公告 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。 重要内容提示： 1、投资种类：安全性高、流动性好、风险低、期限不超过 12 个月或可转让 可提前支取的产品； 2、投资金额：拟使用额度不超过 2 亿元人民币的暂时闲置募集资金进行现 金管理； 3、特别风险提示：尽管公司选择安全性高、流动性好的投资品种，但金融 市场受宏观经济的影响较大，公司将根据经济形势以及金融市场的变化适时适量 的购买，但不排除该项投资受到市场波动的影响，存在一定的系统性风险。 浙江严牌过滤技术股份有限公司（以下简称"公司"）于 2025 年 8 月 5 日 召开第四届董事会第十九次会议及第四届监事会第十六次会议，分别审议通过了 《关于使用部分暂时闲置募集资金进行现金管理的议案》。董事会同意公司使用 额度不超过 ...

| 证券代码：301081 | 证券简称： | 严牌股份 | 公告编号：2025-070 | | --- | --- | --- | --- | | 债券代码：123243 | 债券简称： | 严牌转债 | | 浙江严牌过滤技术股份有限公司 关于召开公司 2025 年第三次临时股东大会的通知 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。 根据浙江严牌过滤技术股份有限公司（以下简称"公司"）第四届董事会第 十九次会议决议，定于 2025 年 8 月 22 日（星期五）召开公司 2025 年第三次临 时股东大会。现将本次会议有关事项通知如下： 一、召开会议基本情况 通过深圳证券交易所交易系统进行系统投票时间：2025 年 8 月 22 日上午 09:15—09:25，09:30—11:30，下午 13:00—15:00； 通过深圳证券交易所互联网投票系统进行系统投票的具体时间为：2025 年 8 月 22 日 9:15—15:00 的任意时间。 5、会议召开方式：现场表决与网络投票相结合的方式 1、股东大会届次：2025 年第三次临时股东大会 2、会议召集人：公 ...

| 证券代码：301081 | 证券简称： | 严牌股份 | 公告编号：2025-067 | | --- | --- | --- | --- | | 债券代码：123243 | 债券简称： | 严牌转债 | | 浙江严牌过滤技术股份有限公司 第四届监事会第十六次会议决议公告 本公司及监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。 一、监事会会议召开情况 浙江严牌过滤技术股份有限公司（以下简称"公司"）第四届监事会第十六 次会议于 2025 年 8 月 5 日（星期二）在天台县始丰街道永兴路 1 号以现场的方 式召开。会议通知已于 2025 年 8 月 1 日通过邮件的方式送达各位监事。本次会 议应出席监事 3 人，实际出席监事 3 人。 会议由监事会主席孙晓阳女士主持。会议召开符合有关法律、法规、规章和 《公司章程》的规定。出席会议的监事对各项议案进行了认真审议并做出了如下 决议： 二、监事会会议审议情况 （一）审议通过《关于为全资子公司向银行申请授信额度提供担保的议案》 监事会认为：公司为全资子公司商丘严牌新材料有限公司（以下简称"商丘 严牌"）向银行申请综合授信额 ...

| | | 浙江严牌过滤技术股份有限公司 会议由董事长孙尚泽先生主持，全体监事、高级管理人员列席。会议召开符 合有关法律、法规、规章和《公司章程》的规定。经各位董事认真审议，会议形 成了如下决议： 二、董事会会议审议情况 （一）审议通过《关于为全资子公司向银行申请授信额度提供担保的议案》 为满足全资子公司商丘严牌新材料有限公司（以下简称"商丘严牌"）项目 建设和生产经营资金的需要，公司拟为商丘严牌提供不超过人民币 40,000 万元 （含）的银行授信担保额度，担保额度期限自股东大会审议通过之日起十二个月。 公司董事会认为，本次担保事项是为满足商丘严牌项目建设和生产经营资金的需 求，符合公司整体发展战略，被担保的对象为公司全资子公司，其经营管理风险、 财务风险处于公司可控制范围内，本次担保不会损害公司及全体股东的利益。故 同意公司为全资子公司商丘严牌向银行申请授信额度提供担保。 具体内容详见公司同日披露于巨潮资讯网（http://www.cninfo.com.cn）的《关 于为全资子公司向银行申请授信额度提供担保的公告》。 本议案经公司第四届董事会审计委员会第十次会议审议通过。 第四届董事会第十九次会议决议公告 ...

Core Viewpoint - This week, 10 listed companies announced share buybacks and increases in shareholdings, with notable mention of Three Gorges Energy's controlling shareholder receiving a loan commitment of up to 2.7 billion yuan specifically for increasing its stake in the company [1][2]. Group 1: Companies Announcing Buybacks or Increases - Chongqing Pharmaceutical Holdings plans to repurchase shares worth 80 million to 100 million yuan, with a loan not exceeding 90 million yuan [2]. - Antong Holdings intends to increase its shareholding by 360 million to 720 million yuan [2]. - Renfu Pharmaceutical's shareholder received a loan commitment of 750 million yuan [2]. - ST Kelly's shareholder plans to increase its stake by no less than 14.39 million shares [2]. - Trina Solar has obtained a special loan commitment for stock repurchase [2]. - Suobede plans to repurchase shares worth 20 million to 30 million yuan for cancellation [2]. - Yanpai Co.'s controlling shareholder's concerted actor intends to increase holdings by 17 million to 34 million yuan [2]. - Hisense Home Appliances plans to continue increasing its holdings by 6.93 million to 13.86 million shares [2]. - Three Gorges Energy's controlling shareholder received a loan commitment of 2.7 billion yuan for shareholding increase [2]. - Xishan Technology's controlling shareholder plans to increase holdings by no less than 5 million yuan and no more than 10 million yuan [2].

Market Overview - The overseas filtration materials market is dominated by large, advanced companies from developed countries, which have significant competitive advantages due to their long-standing experience and advanced technology [2] - The domestic filtration materials market in China has a broad demand but is characterized by many small to medium-sized enterprises, leading to intense competition [3] Company Positioning - The company has established a stable customer base in both domestic and international markets, particularly in woven filter materials and needle-punched non-woven filter materials [3] - The company’s market share is gradually increasing as it competes with foreign companies by offering a range of products suitable for complex working environments [3] Pricing and Product Lifecycle - The pricing model is based on "production cost + reasonable profit," focusing on product quality over price due to the critical role of filtration materials in customer operations [4] - Typical replacement cycles for products are approximately 3 years for dust filter bags and 3-6 months for wastewater filtration products [5] International Expansion - The company’s overseas revenue in 2024 was approximately 29,024.39 million RMB, accounting for over one-third of total revenue, with clients in countries such as the USA, Brazil, Germany, and the UK [8] - Plans for further international expansion include strengthening the North American market and exploring opportunities in Southeast Asia [6] Production Capacity - Current production capacity utilization rates are around 74% for woven filter cloth and needle-punched non-woven products, and approximately 86.38% for high-performance fibers and composite materials [7] - The company is in a ramp-up phase for new equipment, which is temporarily lowering overall capacity utilization [7] Strategic Acquisitions - The acquisition of TTL, a company with over 185 years of experience in textile solutions, aims to enhance the company’s presence in the European market and improve local service capabilities [9] - This acquisition is expected to integrate TTL's sales team and customer resources, enhancing global market competitiveness [9] Future Growth Drivers - Future growth will be driven by increased production capacity from ongoing projects and a focus on both domestic and international markets [10] - The company plans to enhance R&D efforts to align product development closely with market demands and strengthen its talent pool [10] Shareholder Confidence - The continuous increase in shareholding by the controlling shareholder reflects confidence in the company's long-term development and aims to boost investor trust [12]