安徽承义律师事务所 关于 关于安徽铜冠铜箔集团股份有限公司 召开 2025 年第三次临时股东会的法律意见书 (2025)承义法字第 00226 号 致：安徽铜冠铜箔集团股份有限公司 安徽铜冠铜箔集团股份有限公司 召开 2025 年第三次临时股东会的 法律意见书 安徽承义律师事务所 中国.合肥市政务区怀宁路 200 号栢悦中心 5 楼 邮编: 230022 电话（Tel）:（86-551）65609815 传真（Fax）:（86-551）65608051 网址（Website）:www.chengyi-law.com 电子信箱（E-mail）：chengyilawyer@163.com 安徽承义律师事务所 根据《中华人民共和国公司法》《中华人民共和国证券法》《上市公司股东 会规则》等法律法规和其他规范性文件的要求，安徽承义律师事务所接受安徽铜 冠铜箔集团股份有限公司（以下简称"公司"）的委托，指派束晓俊、方娟律师 （以下简称"本律师"）就公司召开 2025 年第三次临时股东会（以下简称"本 次股东会"）出具法律意见书。 一、本次股东会召集人资格和召集、召开的程序 经核查，本次股东会是由公司第二届董事会召集，公司 ...

证券代码：301217 证券简称：铜冠铜箔 公告编号：2025-055 安徽铜冠铜箔集团股份有限公司 2025年第三次临时股东会决议公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 特别提示： 1、本次股东会无否决议案的情形； 2、本次股东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、会议召开的日期、时间： （1）现场会议召开时间：2025年9月29日（星期一）14：30； （2）网络投票时间：2025年9月29日（星期一）。其中，通过深圳证券交易 所交易系统进行网络投票的时间为2025年9月29日的交易时间，即上午9:15-9:25， 9:30-11:30和下午13:00-15:00；通过深圳证券交易所互联网投票系统投票的具 体时间为2025年9月29日9:15至15:00期间的任意时间。 2、会议召开方式：本次会议采取现场表决和网络投票相结合的方式。 3、会议召开地点：安徽省池州经济技术开发区清溪大道189号安徽铜冠铜箔 集团股份有限公司一楼会议室。 4、会议召集人：公司董事会。 6、本次股东会会议的召集、召开程序符合《中华人民共 ...

9月29日，铜冠铜箔涨5.42%，截至发稿，报32.50元/股，成交5.47亿元，换手率2.09%，总市值269.43亿 元。 资料显示，安徽铜冠铜箔集团股份有限公司位于安徽省池州市经济技术开发区清溪大道189号，成立日 期2010年10月18日，上市日期2022年1月27日，公司主营业务涉及各类高精度电子铜箔的研发、制造和 销售。主营业务收入构成为：PCB铜箔56.84%，锂电池铜箔37.92%，铜扁线等4.45%，其他(补 充)0.79%。 从铜冠铜箔十大流通股东角度 数据显示，南方基金旗下1只基金位居铜冠铜箔十大流通股东。南方中证1000ETF（512100）二季度增 持46.98万股，持有股数232.85万股，占流通股的比例为1.02%。根据测算，今日浮盈赚取约388.86万 元。 南方中证1000ETF（512100）成立日期2016年9月29日，最新规模649.53亿。今年以来收益25.56%，同 类排名2090/4220；近一年收益53.35%，同类排名1382/3835；成立以来收益11.11%。 南方中证1000ETF（512100）基金经理为崔蕾。 截至发稿，崔蕾累计任职时间6年328天， ...

Core Viewpoint - The company, Anhui Tongguan Copper Foil Group Co., Ltd., has shown significant growth in revenue and profitability in the first half of 2025, driven by strong demand for HVLP copper foil and lithium battery copper foil, despite facing challenges from market oversupply and fluctuating copper prices [3][11]. Company Performance - In the first half of 2025, the company achieved total revenue of 2.997 billion yuan, representing a year-on-year increase of 44.80% [3][10]. - The net profit attributable to shareholders was 34.95 million yuan, marking a turnaround from previous losses [3][11]. - The company reported a negative cash flow from operating activities of -458 million yuan, compared to -352 million yuan in the same period last year [3]. Production and Market Strategy - The company produced 35,078 tons of copper foil in the reporting period, with high-frequency and high-speed substrate copper foil experiencing a supply shortage, accounting for over 30% of PCB copper foil production [4]. - The production capacity for HVLP copper foil exceeded the total production level for 2024 in the first half of 2025, indicating rapid growth in this segment [5][10]. - The company is actively optimizing its product structure and market strategy to focus on high-end markets, leveraging its position as a pioneer in high-end copper foil [3][5]. Industry Context - The copper foil industry is currently facing an oversupply situation, with a projected demand of 999,000 tons in 2024, while total domestic production capacity is expected to reach 2,113,000 tons [7]. - The fluctuating prices of copper, a key raw material, have significantly impacted the company's cost control, with high copper prices exerting pressure on profit margins [7][8]. - The company benefits from stable and relatively low-cost raw material supplies through its association with its controlling shareholder, Tongling Nonferrous Metals, which provides a cost advantage of 35% compared to industry peers [8]. Market Outlook - The global PCB market is projected to grow at a compound annual growth rate (CAGR) of 5.2% from 2024 to 2029, reaching a market size of approximately 94.661 billion USD by 2029 [9]. - The demand for HVLP copper foil is expected to increase due to the growth of AI servers and the overall PCB industry, providing a favorable environment for the company's continued revenue growth [10][11].

Market Overview - The battery sector experienced a decline of 2.31% on the previous trading day, with Naconor leading the drop [1] - The Shanghai Composite Index closed at 3828.11, down 0.65%, while the Shenzhen Component Index closed at 13209.0, down 1.76% [1] Stock Performance - Notable gainers in the battery sector included: - Fangyuan Co., Ltd. (688148) with a closing price of 6.71, up 20.04% [1] - Huazi Technology (300490) at 12.56, up 15.44% [1] - Tianji Co., Ltd. (002759) at 16.30, up 9.99% [1] - Conversely, Naconor (832522) saw a significant decline of 7.66%, closing at 65.71 [2] - Other notable decliners included Honggong Technology (301662) down 7.47% and Kuoguli (301487) down 6.91% [2] Trading Volume and Capital Flow - The battery sector saw a net outflow of 4.296 billion yuan from institutional investors, while retail investors contributed a net inflow of 3.169 billion yuan [2][3] - The trading volume for Fangyuan Co., Ltd. reached 326,400 shares, with a transaction value of 214 million yuan [1] - Huazi Technology had a trading volume of 1,035,900 shares, with a transaction value of 1.273 billion yuan [1] Capital Inflow Analysis - Tianji Co., Ltd. (002759) had a net inflow of 478 million yuan from institutional investors, representing 30.17% of its total trading [3] - Shanshan Co., Ltd. (600884) saw a net inflow of 256 million yuan, accounting for 12.87% [3] - Conversely, Naconor experienced a net outflow of 740 million yuan from institutional investors [3]

证券日报网讯铜冠铜箔（301217）9月25日在互动平台回答投资者提问时表示，HVLP铜箔作为高端覆 铜板的关键原材料，技术壁垒高，全球范围内，仅少数企业能批量生产。公司较早布局高端铜箔市场， 积极对接市场需求，打破技术垄断，相关产品实现批量供应，并实现规模化出口。公司拥有多条HVLP 铜箔完整产线，并新购置多台表面处理机以扩充HVLP铜箔生产，满足未来增长需求。2025年上半年， 公司的HVLP产能已超过2024年全年产能。 ...

铜冠铜箔（301217.SZ）9月25日在投资者互动平台表示，HVLP铜箔作为高端覆铜板的关键原材料，技 术壁垒高，全球范围内，仅少数企业能批量生产。公司较早布局高端铜箔市场，积极对接市场需求，打 破技术垄断，相关产品实现批量供应，并实现规模化出口。公司拥有多条HVLP铜箔完整产线，并新购 置多台表面处理机以扩充HVLP铜箔生产，满足未来增长需求。2025年上半年，公司的HVLP产能已超 过2024年全年产能。 （文章来源：每日经济新闻） 每经AI快讯，有投资者在投资者互动平台提问：日本三井金属宣布HVLP涨价15%，请问公司的HVLP 铜箔在国内产量是不是最大的？ ...

格隆汇9月25日丨铜冠铜箔(301217.SZ)在投资者互动平台表示，HVLP铜箔作为高端覆铜板的关键原材 料，技术壁垒高，全球范围内，仅少数企业能批量生产。公司较早布局高端铜箔市场，积极对接市场需 求,打破技术垄断，相关产品实现批量供应，并实现规模化出口。公司拥有多条HVLP铜箔完整产线，并 新购置多台表面处理机以扩充HVLP铜箔生产，满足未来增长需求。2025年上半年，公司的HVLP产能 已超过2024年全年产能。 ...

每经AI快讯，有投资者在投资者互动平台提问：英伟达将要推出的新产品Rubin，目前已知PCB的使用 量将会上升，英伟达将会采用台光的CLL，而台光正好是贵公司的主要客户之一，所以随着英伟达新产 品Rubin的推出，我有以下几个问题：1.公司的PCB铜箔的订单量会大幅增加吗？2.在中高端HVLP产品 上，公司的产能是否能跟上今后快速增长的市场需求？3.公司有没有考虑新的扩产计划？ 铜冠铜箔（301217.SZ）9月24日在投资者互动平台表示，2025年上半年公司实现收入29.97亿元，同比 增长44.80%，整体保持良好的增长态势。受当前市场景气度提升的影响，公司现阶段高频高速铜箔订 单需求均较为旺盛。公司拥有多条HVLP铜箔完整产线，并新购置多台表面处理机以扩充HVLP铜箔生 产，满足未来增长需求。 （记者 王晓波） ...

Group 1 - Mitsui Mining & Smelting announced a price increase of approximately 15% for high-end electrolytic copper foil, confirming the supply tightness driven by AI server demand [1] - The demand for HVLP copper foil has surged, with usage per AI server being eight times that of traditional servers, driven by NVIDIA's new Rubin platform adopting HVLP 5th generation copper foil [1] - The price increase led by industry leaders indicates a sustained supply-demand gap in high-end copper foil (HVLP) due to capacity conversion and increasing demand, with expectations extending into mid-next year [1] Group 2 - Domestic copper foil manufacturers are making breakthroughs in the high-end PCB copper foil sector, with those possessing high-end capacity likely to benefit from increased volume and price [1] - Tongguan Copper Foil has established a complete product matrix covering HVLP generations 1-4, leading to significant profit improvements as high-end electronic circuit copper foil volumes increase [2] - Defu Technology has formed a dual-driven pattern with lithium battery and PCB copper foil, achieving global leadership through overseas acquisitions, with HVLP 4 copper foil already shipped for use in M9 materials [2]