中信建投证券股份有限公司 关于四川侨源气体股份有限公司 部分募集资金投资项目延期的核查意见 中信建投证券股份有限公司（以下简称"中信建投证券"或"保荐机构"） 作为四川侨源气体股份有限公司（以下简称"侨源股份"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》 《深圳证券交易所上市公司自律监管指引第 13 号——保荐业务》《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》等相关规定，对公司部分募集资金投资项目延期的事项 进行了审慎核查，具体情况如下： 一、募集资金基本情况 经中国证券监督管理委员会《关于同意四川侨源气体股份有限公司首次公开 发行股票注册的批复》（证监许可〔2022〕578 号）注册同意，公司向社会公众 公开发行人民币普通股（A 股）4,001.00 万股（以下简称"本次发行"），发行价 格为 16.91 元/股，募集资金总额为 67,656.91 万元，扣除发行费用（不含增值税） 后，募集资金净额为 62,551.17 万元。大华会计师事务所（特殊普通合伙）已于 2022 年 6 月 8 ...

证券日报网讯 12月22日，侨源股份在互动平台回答投资者提问时表示，截至2025年12月19日，公司的 股东总数是7776户。 （文章来源：证券日报） ...

Group 1: Chemical Sector Performance - The chemical raw materials index decreased by 1.75%, while the chemical machinery index increased by 0.47%. The pharmaceutical index fell by 0.24%, and the pesticide and fertilizer index dropped by 1.48% [1] - In the petroleum sector, the petroleum processing index declined by 2.65%, the petroleum extraction index fell by 2.49%, and the petroleum trading index decreased by 7.22% [1] Group 2: Oil Price Trends - International crude oil prices decreased, with the NYMEX West Texas Intermediate crude oil futures settling at $57.44 per barrel, down 4.39% from December 5. The ICE Brent crude oil futures settled at $61.12 per barrel, down 4.13% from December 5 [1] Group 3: Petrochemical Product Price Changes - The top five petrochemical products with price increases were lithium battery electrolyte (up 5.50%), vitamin VA (up 5.21%), bisphenol A (up 4.42%), sulfuric acid (up 4.36%), and sulfur (up 4.21%) [1] - The top five petrochemical products with price decreases were liquid chlorine (down 32.88%), 2% biotin (down 5.45%), vitamin D3 (down 5.11%), aniline (down 4.36%), and DEG (down 4.15%) [1] Group 4: Capital Market Performance of Chemical Companies - The top five performing listed chemical companies were Zai Sheng Technology (up 61.19%), Guoci Materials (up 23.46%), Lanxiao Technology (up 18.13%), Qiaoyuan Co. (up 15.18%), and Yongguan New Materials (up 14.34%) [2] - The top five underperforming listed chemical companies were Fanli Technology (down 22.56%), Qingshuiyuan (down 18.42%), Hengtong Co. (down 16.12%), Letong Co. (down 15.53%), and Asia Pacific Industry (down 14.06%) [2]

Core Viewpoint - The company emphasizes the importance of technological strength and customer reputation in the industrial gas sector, aiming for long-term development through integrity and innovation [2]. Group 1: Market Position and Strategy - The company has established itself as a benchmark in the industrial gas industry in the Sichuan-Chongqing region, leveraging a strategy of "regional deep cultivation + national layout" to expand into national and international markets [2][3]. - The Sichuan-Chongqing region is identified as a core area for industrial gas demand, driven by the growth of emerging industries such as new energy, semiconductors, and biomedicine [3]. Group 2: Technological Advantages - The company has developed key technologies such as "residual gas and liquid recovery" and "vacuum pipeline applications," enhancing gas purity to 5N-6N levels, suitable for high-end manufacturing and semiconductor industries [4]. - The company has a total liquid gas production capacity of over 1.2 million tons, leading in the Southwest region, and can supply various high-purity gases to meet diverse customer needs [4]. Group 3: Customer Trust and Service - The company prioritizes integrity in operations, which is crucial for building customer trust, as industrial gases are continuous consumables where supply stability and timely service are paramount [4]. - A 24-hour after-sales response mechanism is in place to address any urgent customer needs promptly [4]. Group 4: Growth and Expansion - The company is pursuing a strategy of "steady layout + precise transformation" to activate new growth momentum amid the manufacturing industry's transformation and the surge in demand for specialty gases [5]. - The company has established a production base in Fujian, with two air separation production lines to meet the needs of key clients, marking its first national strategic foothold outside the Southwest [5]. Group 5: Strategic Transformation - The company plans to invest 302 million yuan to build a production base for electronic-grade and medical-grade specialty gases, which will add 80,000 tons of high-value-added capacity annually [6]. - This strategic move aligns with the industry's trend of "high-end substitution," aiming to transition from a basic gas supplier to a comprehensive gas service provider [6]. - The company aims to leverage its capacity, cost advantages, and customer loyalty to accelerate its market share in the trillion-yuan industrial gas market, striving to evolve from a regional leader to a national champion [6].

Market Overview - The chemical products sector increased by 0.28% on December 12, with Qiaoyuan Co., Ltd. leading the gains [1] - The Shanghai Composite Index closed at 3889.35, up 0.41%, while the Shenzhen Component Index closed at 13258.33, up 0.84% [1] Top Gainers in Chemical Sector - Qiaoyuan Co., Ltd. (301286) closed at 44.92, up 16.89% with a trading volume of 116,300 shares and a transaction value of 496 million [1] - Huahua Co., Ltd. (003002) closed at 29.43, up 6.90% with a trading volume of 98,700 shares and a transaction value of 287 million [1] - Liansheng Chemical (301212) closed at 30.31, up 6.43% with a trading volume of 39,000 shares and a transaction value of 116 million [1] - Hangzhou Hydrogen Co., Ltd. (002430) closed at 30.58, up 6.25% with a trading volume of 338,400 shares and a transaction value of 1.019 billion [1] - China General Nuclear Power Technology (000881) closed at 9.02, up 5.87% with a trading volume of 710,400 shares and a transaction value of 638 million [1] Top Losers in Chemical Sector - Letong Co., Ltd. (002319) closed at 10.50, down 10.03% with a trading volume of 50,900 shares and a transaction value of 53.96 million [2] - Quanliang Zero (002407) closed at 29.44, down 8.09% with a trading volume of 1,946,300 shares and a transaction value of 5.76 billion [2] - Yongtai Technology (002326) closed at 22.02, down 7.21% with a trading volume of 926,100 shares and a transaction value of 2.073 billion [2] Fund Flow Analysis - The chemical products sector experienced a net outflow of 932 million from institutional investors, while retail investors saw a net inflow of 742 million [2] - The top stocks with significant fund flow include ST Jiaao (603822) with a net inflow of 99.67 million from institutional investors [3] - Other notable stocks include Meihua Biological (600873) with a net inflow of 52.33 million and Hangzhou Oxygen (002430) with a net inflow of 39.94 million from institutional investors [3]

Core Viewpoint - The company has approved the conclusion of fundraising investment projects and plans to permanently supplement its working capital with surplus funds from these projects [1] Group 1: Fundraising and Project Completion - The company held its fourth board meeting on December 11, 2025, where it reviewed and approved the proposal to conclude fundraising investment projects [1] - The projects "New Production Base" and "R&D Center Construction" have been substantially completed and meet the conditions for conclusion [1] Group 2: Financial Details - As of November 30, 2025, the surplus fundraising amount is 35.182 million yuan (excluding interest) [1] - The company will reserve 10.9522 million yuan for contract payments and warranty funds, while the remaining surplus will be used to supplement working capital for daily operations related to its main business [1] - After settling the relevant payments from the fundraising account, the company will cancel the special fundraising account [1]

侨源股份12月10日在互动平台表示，公司目前不直接从事火箭燃料业务。 ...

Core Viewpoint - The company, Qiaoyuan Co., Ltd. (301286.SZ), is not directly involved in rocket fuel business but is a leading supplier of industrial gases in China, which are essential for high-end precision manufacturing, including aerospace manufacturing [1] Group 1: Company Overview - Qiaoyuan Co., Ltd. offers a range of products including high-purity oxygen, high-purity nitrogen, high-purity argon, and specialty gases [1] - The company positions itself as a crucial provider of "industrial blood" for high-end manufacturing sectors [1] Group 2: Industry Insights - The booming commercial aerospace industry is expected to create stable demand for ultra-high purity gases [1] - This demand will help the company strengthen its product certification and brand advantages in the high-end market [1] - The company aims to continuously monitor and actively seize opportunities in strategic emerging industries, including commercial aerospace [1]

（文章来源：证券日报） 证券日报网讯 12月8日，辰奕智能在互动平台回答投资者提问时表示，公司暂未涉及商业航天业务。 ...

（文章来源：证券日报） 证券日报网讯 12月5日，侨源股份在互动平台回答投资者提问时表示，截至2025年11月28日，公司的股 东总户数为7756户。 ...