Core Viewpoint - The pesticide industry is experiencing a prolonged downturn, but recent actions such as the "Zhengfeng Zhijuan" initiative may help reverse the trend and improve market conditions [1][2][4]. Group 1: Industry Actions and Regulations - The China Pesticide Industry Association has launched a three-year "Zhengfeng Zhijuan" action to address issues like hidden additives, illegal production, and chaotic competition in the pesticide industry [1][2]. - Key tasks include prohibiting the addition of unregistered active ingredients, cracking down on illegal production, and resisting low-price competition [2]. Group 2: Market Dynamics - Since Q4 2022, the global pesticide market has entered a destocking phase, with domestic production capacity being released, leading to a mismatch in supply and demand [3][4]. - As of July 27, the China Agricultural Chemicals Price Index was at 75.35 points, showing a year-on-year decline of 0.44% but a month-on-month increase of 0.33% [3]. Group 3: Export Demand and Recovery Potential - In the first half of 2025, China's exports of herbicides, insecticides, and fungicides increased by 14%, 32%, and 24% year-on-year, respectively, with major markets including Brazil, the USA, and Thailand [3]. - Certain pesticide products, such as glyphosate and chlorpyrifos, are expected to see a rebound in demand, aiding in the recovery of industry profitability [4]. Group 4: Investment Recommendations - Recommended stocks include Yangnong Chemical, Limin Co., and Xingfa Group, which are leaders in the pesticide sector [5]. - Beneficiary stocks include Jiangshan Co., Lier Chemical, and Runfeng Co., among others, which are positioned to gain from the industry's recovery [5].

证券代码：301190 证券简称：善水科技 公告编号：2025-034 九江善水科技股份有限公司 关于 2024 年度权益分派实施公告 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。 特别提示： 1、九江善水科技股份有限公司（以下简称"公司"） 回购专用证券账户中 的回购股份 9,285,618 股不参与本次权益分派。本次权益分派将以公司总股本 214,636,500 股剔除回购专用证券账户中已回购股份 9,285,618 股后的股本 205,350,882股为基数，向全体股东每10股派发现金红利人民币 1.5元（含税）， 合计派发现金股利人民币 30,802,632.3 元（含税）。 2、本次权益分派实施后计算除权除息价格时，按公司总股本（含回购股份） 折算的每 10 股现金分红（含税）=现金分红总额/总股本*10 股=30,802,632.3 元/ 214,636,500 股*10 股=1.435106 元（保留到小数点后六位，最后一位直接 截取，不四舍五入）。本次权益分派实施后，除权除息参考价格=权益分派股权 登记日收盘价-0.1435106 元/股。 ...

江西华邦律师事务所 关于九江善水科技股份有限公司 2025年第一次临时股东大会的法律意见书 致：九江善水科技股份有限公司 江西华邦律师事务所（以下称"本所"）接受九江善水科技股份有限 公司（以下称"公司"）的委托，指派本所律师出席公司2025年第一次临 时股东大会（以下称"本次股东大会"），对本次股东大会的合法合规性 进行见证。 本所律师根据《中华人民共和国公司法》（以下称"《公司法》"）、 《上市公司股东会规则》（以下称"《股东会规则》"）等法律、法规和 规范性法律文件以及《九江善水科技股份有限公司章程》（以下称"《公 司章程》"）的规定，就公司本次股东大会的召集、召开程序、出席会议 人员的资格、召集人的资格、表决程序和表决结果等有关事宜出具本法律 意见书。 本法律意见书仅供公司本次股东大会相关事项的合法性之目的使用， 不得用作任何其他目的，本所律师同意将本法律意见书随公司本次股东大 会决议一起予以公告，并依法对本法律意见书承担相应的责任。 按照律师行业公认的业务标准、道德规范和勤勉尽责精神，本所律师 对本次股东大会的相关资料和事实进行了核查和验证，现发表法律意见如 下： 一、本次股东大会的召集、召开程序 ...

证券代码：301190 证券简称：善水科技 公告编号：2025-033 九江善水科技股份有限公司 2025 年第一次临时股东大会决议公告 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 特别提示 1、 本次股东大会不存在否决议案的情形。 2、 本次股东大会不涉及变更以往股东大会已通过的决议。 一、 会议召开和出席情况 1、 召开时间：2025 年 6 月 30 日（星期一）15:00 2、 召开地点：江西省九江市彭泽县矶山工业园区九江善水科技股份有限公 司会议室 3、 召开方式：现场结合网络 4、 召集人：董事会 5、 主持人：董事长黄国荣先生 6、 本次会议的召集、召开符合《中华人民共和国公司法》《上市公司股东 大会规则》《深圳证券交易所创业板股票上市规则》等有关法律、行政法规、部 门规章、规范性文件和《九江善水科技股份有限公司章程》的有关规定。 二、 会议出席情况 截至 2025 年 6 月 23 日（股权登记日），公司总股本为 214,636,500 股，其 中公司回购专用证券账户持有公司股份 9,285,618 股，该等回购的股份不享有表 决权。因此， ...

证券代码：301190 证券简称：善水科技 公告编号：2025-032 九江善水科技股份有限公司 关于新增募集资金专户并签署四方监管协议的公告 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、募集资金基本情况 经中国证券监督管理委员会《关于同意九江善水科技股份有限公司首次公开 发行股票注册的批复》（证监许可[2021]3471 号）同意注册，九江善水科技股 份有限公司（以下简称"公司"）首次公开发行人民币普通股(A 股)股票 53,660,000 股，发行价格为每股 27.85 元。善水科技实际募集资金总额为 149,443.10 万元，扣除发行费用 11,045.87 万元（不含税）后，募集资金净额 为 138,397.23 万元。中天运会计师事务所(特殊普通合伙)已于 2021 年 12 月 21 日对公司首次公开发行股票的资金到位情况进行了审验，并出具中天运〔2021〕 验字第 90090 号《验资报告》。 二、《募集资金四方监管协议》的签订情况和新增募集资金专户的开立情况 基于生产经营及长远发展的规划考虑，九江善水科技股份有限公司（以下简 称"公司 ...

Summary of Key Points Core Viewpoint - The announcement details the upcoming listing and circulation of previously issued shares of Jiujiang Shanshui Technology Co., Ltd., following the approval of the China Securities Regulatory Commission for the company's initial public offering (IPO) and the subsequent release of lock-up shares. Group 1: IPO Overview - The company successfully completed its IPO on December 24, 2021, issuing 53,660,000 shares, increasing the total share capital from 160,976,500 to 214,636,500 shares [1] - Post-IPO, the total share capital consists of 163,744,913 restricted shares (76.29%) and 50,891,587 unrestricted shares (23.71%) [1] Group 2: Share Lock-up and Release - As of the announcement date, the total share capital is 214,636,500 shares, with 71,046,900 unrestricted shares (33.10%) and 143,589,600 restricted shares (66.90%) [3] - The restricted shares, totaling 143,589,600, will be released for circulation starting June 24, 2025 [3] Group 3: Shareholder Commitments - Nine shareholders have made commitments regarding the lock-up of their shares, including a 36-month lock-up period post-IPO and conditions for any future share reductions [4][5] - Shareholders are required to notify the company three trading days in advance before any planned share reductions [8] Group 4: Compliance and Monitoring - The company confirms that all shareholders have adhered to their commitments, and there are no instances of fund occupation or illegal guarantees related to these shareholders [10] - The company will continue to monitor compliance with the commitments made by shareholders regarding share reductions [12] Group 5: Regulatory Approval - The sponsoring institution has verified that the application for the release of restricted shares complies with relevant regulations and that the shareholders have fulfilled their commitments made during the IPO [13]

证券代码：301190 证券简称：善水科技 公告编号：2025-031 九江善水科技股份有限公司 关于首次公开发行前已发行股份上市流通提示性公告 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 特别提示： 1、本次上市流通的限售股份为九江善水科技股份有限公司首次公开发行前 已发行的股份。 2、本次解除限售户数为 9 户，股份的数量为 143,589,600.00 股，占总股本 的比例为 66.90%。 3、本次解除限售股份上市流通日为 2025 年 6 月 24 日（星期二）。 一、首次公开发行股份概况 根据中国证券监督管理委员会《关于同意九江善水科技股份有限公司首次公 开发行股票注册的批复》（证监许可[2021]3471 号），九江善水科技股份有限 公司（以下简称"公司"）首次公开发行人民币普通股（A 股）股票 53,660,000 股，于 2021 年 12 月 24 日在深圳证券交易所创业板上市。公司首次公开发行前 总股本为 160,976,500 股，首次公开发行后总股本为 214,636,500 股，其中有限 售条件流通股 163,744,913 股 ...

根据中国证券监督管理委员会《关于同意九江善水科技股份有限公司首次公 开发行股票注册的批复》（证监许可[2021]3471 号），九江善水科技股份有限 公司（以下简称"公司"）首次公开发行人民币普通股（A 股）股票 53,660,000 股，于 2021 年 12 月 24 日在深圳证券交易所创业板上市。公司首次公开发行前 总股本为 160,976,500 股，首次公开发行后总股本为 214,636,500 股，其中有限售 条件流通股 163,744,913 股，占公司发行后总股本的 76.29%，无限售条件流通股 50,891,587 股，占公司发行后总股本的 23.71%。 中原证券股份有限公司 关于九江善水科技股份有限公司 首次公开发行前已发行股份上市流通的核查意见 中原证券股份有限公司（以下简称"中原证券"或"保荐机构"）作为九江 善水科技股份有限公司（以下简称"善水科技"或"公司"）首次公开发行股票 并在创业板上市的保荐机构，根据《证券发行上市保荐业务管理办法》《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》及《深圳证券交易所上市公司自律 ...

Core Viewpoint - The company, Shan Shui Technology, is accelerating its industrial scale expansion by signing an investment framework agreement with the Pengze County government to invest approximately 6 billion yuan in a new chemical materials project, which is expected to generate an annual output value of 8 billion yuan and tax revenue of 500 million yuan after completion [1][2]. Group 1: Investment and Project Details - The investment project will be located in the Qishan Industrial Park and will cover an area of about 1,000 acres, focusing on the production of new chemical materials [2]. - The project has an estimated construction period of 4 years, with the aim of enhancing the company's overall competitiveness and expanding its industrial scale [2]. - The agreement encourages the company to collaborate with other capable listed companies for joint investment in the project [1][2]. Group 2: Financial Performance and R&D Investment - In 2024, the company reported a revenue of 505 million yuan, a year-on-year increase of 1.88%, and a net profit of 52.95 million yuan, reflecting a significant growth of 151.51% [5]. - The company's operating costs for 2024 were 370 million yuan, up 16.47% from the previous year, primarily due to increased sales of chlorinated pyridine products [6]. - R&D expenses have consistently increased from 17.99 million yuan in 2021 to 29.00 million yuan in 2024, with year-on-year growth rates of 43.72%, 10%, 30.86%, and 11.94% respectively [7][8]. Group 3: Workforce and Future Plans - As of the end of 2024, the company employed 84 R&D personnel, a 44.83% increase from the previous year, representing 11.88% of the total workforce [9]. - The company plans to continue focusing on technological innovation, safe production, and green environmental practices while managing production operations and investment projects effectively [9].

Group 1: Company Developments - Banu International Holdings Limited submitted its listing application to the Hong Kong Stock Exchange, reporting revenues of 5.639 billion RMB in Q1 2024 and 7.087 billion RMB in Q1 2025, with adjusted net profits of 575 million RMB and 767 million RMB respectively [1] - Midea Group announced a share repurchase plan with a maximum amount of 10 billion RMB and a minimum of 5 billion RMB, aiming to repurchase up to 1 billion shares, which is approximately 1.30% of the total issued shares [6] - *ST Zhongdi plans to transfer its real estate development assets and liabilities to its controlling shareholder for 1 RMB, focusing on property services and asset management for strategic transformation [7] - Muyuan Foods announced that its application for H-share issuance has been accepted by the China Securities Regulatory Commission [8] - *ST Jiuyou's stock will be delisted, with the Shanghai Stock Exchange initiating the delisting process due to significant reporting violations, including a fine of 8.5 million RMB [10] - Weir Shares will change its name to Haowei Group, effective June 20, 2025 [11] - Three squirrels terminated the acquisition of Hunan Ailing Food Technology due to failure to reach agreement on core terms [12] - Bohai Automobile plans to acquire stakes in four automotive parts companies through a combination of share issuance and cash payments [13] - Zhujiang Beer elected a new chairman, Huang Wensheng, following the retirement of the previous chairman [14] Group 2: Industry Trends - The National Medical Products Administration announced measures to support innovative drug development, including a 30-day review process for clinical trial applications [3] - Guangdong Province aims to cultivate 3-5 leading enterprises in the nuclear medicine industry by 2030, enhancing innovation capabilities and establishing a competitive industry cluster [5] - The National Radio and Television Administration is implementing regulations to improve user experience in internet television services, addressing issues related to automatic renewal and user complaints [4] - Shanshui Technology plans to invest 6 billion RMB in a new chemical materials project, expected to generate an annual output value of 8 billion RMB upon completion [19]