Core Viewpoint - Company Ubon New Materials (301266.SZ) announced a capital increase of RMB 4.16 million to Shanghai Ubon Fengjun Cloud Storage Technology Co., Ltd, acquiring a 40% stake in the company, which focuses on thermal management products [1] Group 1: Investment Details - The capital increase will be funded by the company's own resources [1] - After the investment, the company will hold a 40% equity interest in Shanghai Ubon Fengjun [1] Group 2: Strategic Rationale - The investment decision is based on a forward-looking consensus regarding the development of the thermal management equipment sector [1] - The company aims to address future market demands and pursue diversification in its business operations [1] Group 3: Company Focus - Shanghai Ubon Fengjun is dedicated to becoming a leader in the thermal management industry, specializing in the research, manufacturing, and sales of thermal management products [1] - The product range includes new power temperature control products, data center equipment, energy storage temperature control products, industrial air conditioning products, and cloud computing devices [1]

Group 1 - The company announced a capital increase to Shanghai Yubang Fengjun Cloud Storage Technology Co., Ltd. in collaboration with Wanqi Rongda (Shanghai) Technology Partnership and others [1] - The company plans to invest 4.16 million RMB using its own funds for this capital increase [1] - After the completion of this capital increase, the company will hold a 40% equity stake in Shanghai Yubang Fengjun [1]

根据《深圳证券交易所创业板股票上市规则》及《公司章程》等相关规定， 本次对外投资事项无需提交公司董事会、股东会审议。本次对外投资事项不构成 关联交易，也不构成《上市公司重大资产重组管理办法》规定的重大资产重组。 证券代码：301266 证券简称：宇邦新材 公告编号：2025-064 债券代码：123224 债券简称：宇邦转债 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。 一、本次对外投资的基本情况 苏州宇邦新型材料股份有限公司（以下简称"公司"）与万旗荣达（上海） 科技合伙企业（有限合伙）、武兆军、腾安永高（上海）科技合伙企业（有限合 伙）共同向上海宇邦逢君云储科技有限公司（以下简称"上海宇邦逢君"）进行 增资。公司本次拟使用自有资金向上海宇邦逢君增资人民币 416 万元。本次增资 完成后公司将持有上海宇邦逢君 40%的股权。 二、参股子公司完成工商变更登记的情况 近日，上海宇邦逢君已完成相关工商登记手续，并取得了上海市青浦区市场 监督管理局颁发的《营业执照》，具体内容如下： 苏州宇邦新型材料股份有限公司 关于公司对外投资的公告 1、名称：上海宇邦逢君云储科 ...

Core Insights - The company reported a revenue of 2.26 billion yuan for Q1-Q3 2025, a year-on-year decrease of 8.75%, while the net profit attributable to shareholders was 53 million yuan, an increase of 13.63% year-on-year [1] - In Q3 2025, the company achieved a revenue of 742 million yuan, down 6.59% year-on-year and 15.66% quarter-on-quarter, but the net profit attributable to shareholders rose to 17 million yuan, a significant increase of 59.75% year-on-year and 604.86% quarter-on-quarter [1] - The gross profit margin for Q3 2025 was 5.63%, up 1.55 percentage points year-on-year, but down 0.38 percentage points quarter-on-quarter, mainly due to the reversal of some credit impairment losses [1] Revenue and Profit Analysis - The company’s Q3 2025 single-quarter revenue was 742 million yuan, reflecting a year-on-year decline of 6.59% and a quarter-on-quarter decline of 15.66% [1] - The net profit attributable to shareholders for Q3 2025 was 17 million yuan, showing a year-on-year increase of 59.75% and a quarter-on-quarter increase of 604.86% [1] - The company’s gross profit margin for Q3 2025 was 5.63%, with a year-on-year increase of 1.55 percentage points [1] Cost and Cash Flow - In Q3 2025, the company’s operating expenses were 36 million yuan, a year-on-year decrease of 0.17% and a quarter-on-quarter increase of 8.25% [2] - The expense ratio for Q3 2025 was 4.88%, up 0.31 percentage points year-on-year and 1.08 percentage points quarter-on-quarter [2] - The operating net cash flow improved significantly to 201 million yuan, a year-on-year increase of 874.13% and a quarter-on-quarter increase of 292.02% [2] Inventory and Contract Liabilities - As of Q3 2025, the company’s inventory was 271 million yuan, an increase of 54.23% year-on-year [2] - The contract liabilities stood at 35 million yuan, reflecting a substantial year-on-year increase of 650.11% [2] Profit Forecast and Investment Rating - Due to intense competition in the photovoltaic market, the company has revised down its profit forecasts for 2025-2026, now expecting net profits of 70 million yuan, 120 million yuan, and 170 million yuan for 2025, 2026, and 2027 respectively, with year-on-year growth rates of 83%, 73%, and 39% [2] - The company maintains an "overweight" rating, anticipating improved profitability in the future despite the competitive environment [2]

Core Insights - Company reported a revenue of 2.26 billion yuan and a net profit of 52.75 million yuan for the first three quarters of 2025, with a year-on-year growth of 13.63% in net profit [1] - In Q3 alone, the net profit reached 16.74 million yuan, marking a significant year-on-year increase of 59.75% [1] Group 1: Product and Market Position - The main product of the company is high-performance photovoltaic soldering ribbon, which is essential for various solar cell components [1] - The company has successfully entered the supply chains of several well-known photovoltaic module manufacturers, including Longi Green Energy, Aiko Solar, Jinko Solar, Tongwei Co., Trina Solar, Canadian Solar, and JA Solar [1] Group 2: Strategic Focus and Future Directions - The company emphasizes the importance of its soldering ribbon in enhancing the output power of solar modules through quality improvements [1] - The company plans to focus on product technology iteration and rapid industrialization, while also exploring new business directions in new materials and renewable energy [1] - The recent investment in Wuxi Sunan Superconducting Material Technology Co., Ltd. represents a new direction in the superconducting materials sector, with plans to leverage its strengths in production and market promotion [1] Group 3: Expansion Plans - The construction of the Anhui Yubang soldering ribbon production project has been completed, providing a foundation for capacity expansion [2] - The company is implementing an orderly expansion plan in Anhui, aligned with market changes in the photovoltaic industry and product technology development [2]

Core Viewpoint - Yubang New Materials (301266.SZ) reported a decline in institutional ownership in its third-quarter report for 2025, with a total of 6 institutional investors holding 60.7031 million shares, representing 55.25% of the total share capital, a decrease of 3.07 percentage points from the previous quarter [1] Institutional Ownership - As of October 28, 2025, 6 institutional investors disclosed their holdings in Yubang New Materials, totaling 60.7031 million shares, which is 55.25% of the company's total share capital [1] - The institutional investors include Suzhou Juxinyuan Enterprise Management Co., Ltd., Wuxi Zhongyuan New Energy Development Center (Limited Partnership), Suzhou Luanfan Private Fund Management Co., Ltd. - Luanfan Progress No. 6 Private Securities Investment Fund, Xingyin Fund - Lin Jun - Xingyin Fund - Xingyi No. 8 Single Asset Management Plan, Guangfa Securities Co., Ltd., and Dajia Life Insurance Co., Ltd. - Universal Products [1] - The total institutional ownership percentage decreased by 3.07 percentage points compared to the previous quarter [1] Public Fund Disclosure - In this period, 49 public funds were not disclosed compared to the previous quarter, including Guoshou Anbao Smart Life Stock A, Wanji New Profit, Dachen Technology Consumer Stock A, Guojin Quantitative Multi-Factor A, and Rongtong Leading Growth Mixed (LOF) A/B [1]

苏州宇邦新型材料股份有限公司重大投资和交易决策制度 苏州宇邦新型材料股份有限公司 重大投资和交易决策制度 第一条 为确保苏州宇邦新型材料股份有限公司（以下简称"公 司"）工作规范、有效，依据《中华人民共和国公司法》、《深圳证 券交易所创业板股票上市规则》（以下简称"《上市规则》"）等有 关法律、法规及《苏州宇邦新型材料股份有限公司章程》（以下简称 "公司章程"）的规定，特制订本制度。 第二条 公司应当严格遵守有关法律、法规及公司章程的规定， 在投资、交易决策中，保障股东会、董事会、董事长、经营层各自的 权限均得到有效发挥，做到权责分明，保证公司运作效率。 除非有关法律、法规或股东会决议另有规定或要求，公司关于投 资、交易（以下简称"交易"）等重大经营事项决策的权限划分根据 本制度执行。 第三条 本制度所称"交易"，包括下列类型的事项： （五） 租入或者租出资产； 苏州宇邦新型材料股份有限公司重大投资和交易决策制度 （六） 签订管理方面的合同（含委托经营、受托经营等）； （七） 赠与或者受赠资产； （八） 债权或者债务重组； （九） 研究与开发项目的转移； （十） 股票、基金投资； （十一）债券、委托贷款及其他 ...

苏州宇邦新型材料股份有限公司子公司管理制度 苏州宇邦新型材料股份有限公司 子公司管理制度 第一章 总 则 第一条 为加强苏州宇邦新型材料股份有限公司（以下简称"公 司"或"母公司"）内部控制，促进公司规范运作和健康发展，保护 投资者合法权益，加强对子公司的管理控制，规范子公司行为，保证 子公司规范运作和依法经营，根据《中华人民共和国公司法》（以下 简称"《公司法》"）、《中华人民共和国证券法》（以下简称"《证 券法》"）、《深圳证券交易所创业板股票上市规则》（以下简称"《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》《苏州宇邦新型材料股份有限公司章程》（以 下简称"《公司章程》"）及公司实际情况，制定本制度。 第二条 本制度所称子公司系指公司各全资及控股子公司。 第二章 子公司管理的基本原则 第三条 公司与子公司之间是平等的法人关系。公司以其持有的 股权份额，依法对子公司享有资产收益、重大决策、选择管理者、股 权（份）处置等股东权利，并负有对子公司指导、监督和提供相关服 务的义务。 第四条 公司依据对子公司资产控制和上市公司规范运作的要 求，对子公司重大事项进行 ...

苏州宇邦新型材料股份有限公司 重大信息内部报告制度 第一章 总 则 第一条 为规范苏州宇邦新型材料股份有限公司(以下简称"公 司")重大信息内部报告工作，保证公司内部重大信息的快速传递、 归集和有效管理，及时、准确、全面、完整地披露信息，维护投资者 的合法权益，根据《中华人民共和国公司法》(以下简称"《公司法》")、 《中华人民共和国证券法》(以下简称"《证券法》")、《深圳证券 交易所创业板股票上市规则》(以下简称"《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》《深圳证券交易所上市公司自律监管指引第 5 号——信息披露事 务管理》《上市公司信息披露管理办法》等相关法律法规、规范性文 件，以及《苏州宇邦新型材料股份有限公司章程》(以下简称"《公 司章程》")的有关规定，结合公司实际情况，制定本制度。本制度 所称子公司系指公司各全资及控股子公司。 第二条 公司重大信息内部报告制度是指当出现、发生或即将发 生可能对公司股票及衍生品种交易价格产生较大影响的情形或事件 时，按照本制度规定负有报告义务的公司内部信息报告义务人或联络 人，应当在第一时间将有关信息向公司董事长 ...

苏州宇邦新型材料股份有限公司内幕信息知情人登记管理制度 苏州宇邦新型材料股份有限公司 内幕信息知情人登记管理制度 第一章总 则 第一条 为规范苏州宇邦新型材料股份有限公司（以下简称"公 司"）内幕信息管理，加强内幕信息保密工作，确保信息披露的公平、 公正，保护公司投资人及相关当事人的合法权益，根据《中华人民共 和国证券法》《上市公司信息披露管理办法》《深圳证券交易所创业板 股票上市规则》《上市公司监管指引第 5 号——上市公司内幕信息知情 人登记管理制度》《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》等有关法律法规和规章，结合公司实际情 况，制定本制度。 第二条 本制度适用于苏州宇邦新型材料股份有限公司及所属全 资子公司、控股子公司，参股子公司参照执行。 第三条 公司董事会应当保证内幕信息知情人档案真实、准确和完 整，董事长为主要责任人。董事会秘书负责办理公司内幕信息知情人 的登记入档和报送事宜。公司审计委员会应当对《内幕信息知情人登 记管理制度》实施情况进行监督。 董事长与董事会秘书应当对内幕信息知情人档案的真实、准确和 完整签署书面确认意见。未经董事会批准同意，公司任何部门和 ...