国联民生证券承销保荐有限公司 关于深圳市曼恩斯特科技股份有限公司 2025 年度持续督导培训情况的报告 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》等法律法规的要求，作为深圳市曼恩斯特科技股 份有限公司（以下简称"曼恩斯特"或"公司"）首次公开发行股票并在创业板 上市后进行持续督导的保荐机构，国联民生证券承销保荐有限公司（以下简称"国 联民生承销保荐"或"保荐人"）曼恩斯特项目组于 2026 年 3 月 11 日对曼恩斯 特董事、高级管理人员及其他相关人员进行了 2025 年度持续督导现场培训。 一、培训内容 本次培训通过演示培训讲义、解读法规条文等形式，培训内容包括创业板上 市公司规范运作培训及典型处罚案例分析。 二、培训对象 曼恩斯特接受培训的人员为公司的董事、高级管理人员及其他相关人员。 1 三、培训效果 国联民生承销保荐曼恩斯特项目组将本次培训材料发送给曼恩斯特证券事 务代表，由其分发给相关接受培训的人员。2026 年 3 月 11 日，国联民生承销保 荐曼恩斯特项目组对公司的相关人员就培训材料进行了交流和讲解。 保荐人认为：通过培训，上述人员对 ...

国联民生证券承销保荐有限公司 关于深圳市曼恩斯特科技股份有限公司 2025 年度持续督导定期现场检查报告 | 保荐机构名称：国联民生证券承销保荐 被保荐公司简称：曼恩斯特 | | | | --- | --- | --- | | 有限公司 | | | | 保荐代表人姓名：缪晓辉 联系电话：010-85127999 | | | | 保荐代表人姓名：马小军 联系电话：010-85127999 | | | | 现场检查人员姓名：缪晓辉、王振 | | | | 现场检查对应期间：2025 年度 | | | | 年 月 年 月 日 现场检查时间：2026 3 10 2026 3 12 | | 日至 | | 一、现场检查事项 现场检查意见 | | | | 不 适 （一）公司治理 否 | 是 | | | 用 现场检查手段：查阅公司章程及公司治理等有关文件、查阅历次公司股东大会、 | | | | 董事会、监事会的会议文件和公告文件，并核查其执行情况；核查了公司股权结 | | | | 构、股东持股情况；实地查看公司主要经营、管理场所。 | | | | 1.公司章程和公司治理制度是否完备、合规 | √ | | | 2.公司章程和三会 ...

Investment Rating - The report maintains a positive outlook on the renewable energy sector, particularly in solar and wind energy, with specific recommendations for companies involved in these industries [1][2][3]. Core Insights - The report highlights the tightening of local monopile production capacity in European offshore wind, suggesting a favorable environment for Chinese companies to expand internationally [2]. - In the solar sector, silicon wafer prices are under pressure while battery component prices remain stable, indicating a potential market adjustment [1][14]. - The hydrogen energy sector is set to receive increased policy support during the 14th Five-Year Plan, with a projected doubling of renewable hydrogen production capacity by the end of 2025 [3][18]. - The energy storage market is experiencing significant growth, with a marked increase in project scale and a forecasted rise in lithium carbonate prices impacting storage system costs [4][20]. Summary by Sections Solar Energy - Silicon prices are declining, with N-type G10L monocrystalline silicon wafers averaging 1.10 RMB per piece, down 8.33% from previous levels [1][14]. - The average price for N-type battery cells remains stable at 0.44 RMB per watt, with distributed component prices ranging from 0.75 to 0.88 RMB per watt [1][14]. - Key companies to watch include Tongwei Co., GCL-Poly, LONGi Green Energy, and JA Solar, focusing on supply-side reform and new technology opportunities [1][15]. Wind Energy & Grid - Ørsted has terminated its contract with SeAH Wind for the Hornsea 3 offshore wind project due to production delays, highlighting the challenges in local monopile production [2][16]. - The report suggests monitoring companies like Dajin Heavy Industry and Tianjun Wind Power as they expand internationally [2][16]. - The wind turbine sector is expected to see profitability improvements in 2026, with companies like Goldwind and Mingyang Smart Energy being key players [2][17]. Hydrogen Energy - The National Energy Administration plans to enhance policy support for hydrogen energy during the 14th Five-Year Plan, aiming for over 250,000 tons of renewable hydrogen production capacity by 2025 [3][18]. - Recommended companies include Shuangliang Eco-Energy and Huadian Heavy Industries, focusing on equipment manufacturing and hydrogen compression technology [3][18]. Energy Storage - In January 2026, the domestic energy storage EPC bidding scale reached 4.92 GW, with a total installed capacity of 12.42 GWh, reflecting over 30% growth compared to the previous year [4][19]. - The report emphasizes the importance of companies like Sungrow Power Supply and Aiko Solar in the energy storage market, which is expected to grow significantly [4][24]. New Energy Vehicles - In March 2026, domestic battery production is projected to reach 149.59 GWh, with a 21.93% month-on-month increase, indicating strong demand despite concerns over subsidy reductions [5][25]. - Key players in the battery sector include CATL and BYD, with a focus on maintaining resilience in battery demand [5][26].

Group 1 - The core focus of Mannste's recent developments is the breakthrough in solid-state battery technology, with the optimal short-term industrialization solution identified as sulfide electrolyte combined with a no-negative electrode technology route [1] - Mannste has launched solid-state battery electrode manufacturing solutions, with multiple equipment successfully delivered and recognized by customers, indicating a substantial advancement in the industry [1] - Despite the positive sentiment surrounding solid-state battery concepts, there is a discrepancy between the expected net profit loss for 2025 and market optimism, necessitating attention to business progress [1] Group 2 - Mannste's stock price has shown volatility over the past week, closing at 52.62 yuan on February 12, 2026, with a 5-day decline of 1.83% and a trading range of 7.59% [2] - On February 9, the stock experienced a single-day increase of 5.81, followed by a pullback, with technical indicators suggesting the stock is in a sideways trend, facing resistance at 56.94 yuan and support at 49.79 yuan [2] - Trading volume decreased after reaching 238 million yuan on February 9, indicating a decline in market participation [2] Group 3 - Institutional outlook on Mannste is neutral, with a composite target price of 66.56 yuan, suggesting an upside potential of 31.57% from the latest price [3] - Profit forecasts indicate a projected net profit decline of 67.43% for 2025, but a significant growth of 1100% is anticipated for 2026, primarily driven by expectations of solid-state battery equipment orders [3] - The institutional rating remains predominantly neutral, with low research frequency and a fund holding ratio of 0.33%, recommending attention to order and gross margin changes in Q1 2026 [3]

近日，公司控股子公司深圳安诚新能源有限公司（以下简称"深圳安诚"或 "债务人"）向中国银行股份有限公司深圳坪山支行（以下简称"中国银行"或 "债权人"）申请综合授信业务，金额为人民币 10,000 万元，授信期限自相关 协议生效之日起至 2027 年 1 月 18 日止。 证券代码：301325 证券简称：曼恩斯特 公告编号：2026-006 深圳市曼恩斯特科技股份有限公司 关于控股子公司为其全资子公司提供担保的公告 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。 截至目前，深圳市曼恩斯特科技股份有限公司（以下简称"公司"）及控股 子公司对资产负债率超过 70%的单位已审批担保金额超过公司最近一期经审计 净资产 50%，请投资者充分关注担保风险。 一、担保情况概述 公司及其控股子公司湖南安诚新能源有限公司（以下简称"湖南安诚"）为 上述事项提供连带责任担保。公司及湖南安诚已于 2026 年 2 月 2 日在深圳与中 国银行签署了最高额保证合同（以下简称"保证合同"），担保债权之最高本金 余额为人民币 10,000 万元，在保证合同所确定的主债权发生期间届满之日 ...

公司分别于 2025 年 10 月 28 日、2025 年 11 月 14 日召开了第二届董事会第 十四次会议、2025 年第二次临时股东会，审议通过了《关于对外担保额度预计 的议案》，为落实公司发展战略，满足公司全资子公司及控股子公司日常经营及 业务发展的需要，公司拟向合并报表范围内的子公司提供担保，担保总额为人民 币 200,000.00 万元。上述额度按实际生效的最高额进行总额控制，在担保总额度 范围内，公司子公司内部可进行担保额度调剂：（1）若资产负债率低于 70%的 子公司发生担保，可从资产负债率 70%以上的子公司进行调剂；（2）资产负债 率高于 70%的子公司之间可相互进行调剂。在上述担保额度内，董事会提请股东 会授权董事长及总经理对单笔担保事项进行批准，无需再提交董事会、股东会审 议，授权有效期至下一次股东会审议通过新的担保额度为止。 具体内容详见公司分别于 2025 年 10 月 29 日、2025 年 11 月 14 日在巨潮资 讯网（www.cninfo.com.cn）披露的《关于对外担保额度预计的公告》（公告编号： 2025-063）及《2025 年第二次临时股东会决议公告》（公告编号 ...

Core Viewpoint - The company expects a net profit loss of 90 million to 110 million yuan for the fiscal year 2025, primarily due to changes in the supply-demand structure and a slowdown in capacity expansion within the lithium battery industry [1] Industry Summary - In 2024, the lithium battery industry is anticipated to face challenges such as changes in supply-demand dynamics and a deceleration in production expansion, leading to fewer new orders for the company as an upstream lithium battery equipment provider [1] - Despite an overall recovery in demand for the lithium battery industry in 2025, the company's revenue from coating applications and energy systems is expected to decline year-on-year due to intensified market competition, price pressures on certain orders, and extended project delivery and acceptance cycles [1] - The company's new signed orders for coating applications are projected to increase year-on-year, driven by a steady rise in capacity utilization rates among downstream customers [1]

Financial Performance - The company expects a net profit attributable to shareholders to be a loss of between 90 million to 110 million yuan, compared to a profit of 30.6992 million yuan in the same period last year [3]. - The net profit after deducting non-recurring gains and losses is expected to be a loss of between 110 million to 130 million yuan, compared to a loss of 7.2329 million yuan in the same period last year [3]. Performance Decline Factors - The decline in performance is attributed to reduced new orders in the lithium battery equipment sector and increased competition, leading to a significant pressure on operating performance [5]. - Despite a recovery in overall demand in the lithium battery industry in 2025, revenue from coating applications and energy systems is expected to decline year-on-year due to various factors [5]. Strategic Transformation - The company is in a strategic transformation phase, focusing on platform development and increasing R&D investment across multiple fields, although new technologies and businesses are still in the early investment stage [5]. - The company aims to enhance the quality of accounts receivable collections and improve operational efficiency and intrinsic value to create sustainable long-term returns for shareholders [5]. Audit Communication - The company has communicated with its auditing firm regarding the performance forecast, and there are no discrepancies in the content of the forecast [3].

2026 年第一次临时股东会决议公告 证券代码：301325 证券简称：曼恩斯特 公告编号：2026-004 深圳市曼恩斯特科技股份有限公司 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、本次股东会未出现否决议案的情形。 2、本次股东会不涉及变更以往股东会已通过的决议。 一、会议召开和出席情况 （一）会议召开情况 1、股东会的召集人：深圳市曼恩斯特科技股份有限公司（以下简称"公司"） 董事会 2、会议召开的合法、合规性：本次股东会的召开符合有关法律、行政法规、 部门规章、规范性文件和《深圳市曼恩斯特科技股份有限公司章程》（以下简称 "《公司章程》"）的相关规定。 3、会议召开的日期、时间： （1）现场会议时间：2026 年 1 月 29 日 15:00 （2）网络投票时间：通过深圳证券交易所（以下简称"深交所"）交易系统 进行网络投票的具体时间为：2026年1月29日9:15-9:25，9:30-11:30和13:00-15:00； 通过深交所互联网投票系统投票的具体时间为：2026 年 1 月 29 日 9:15-15:00 期 间的任意时 ...

中国北京市朝阳区建国路 77 号华贸中心 3 号写字楼 34 层 邮编：100025 电话: (86-10) 5809-1000 传真: (86-10) 5809-1100 北京市竞天公诚律师事务所 关于深圳市曼恩斯特科技股份有限公司 2026 年第一次临时股东会的法律意见书 致：深圳市曼恩斯特科技股份有限公司 公司第二届董事会第十五次会议于 2026 年 1 月 13 日审议通过了《关于召开公司 2026 年 第 一 次 临 时 股 东 会 的 议 案 》， 并 于 2026 年 1 月 14 日 在 巨 潮 资 讯 网 （http://www.cninfo.com.cn）及深圳证券交易所网站（http://www.szse.cn）刊登了召开 本次股东会的通知公告。会议通知载明了本次股东会的召集人、召开方式、现场会议 召开日期、时间和地点、网络投票的系统、起止时间和投票时间、会议审议事项、出 席对象、会议登记等事项。 本次股东会现场会议于 2026 年 1 月 29 日 15：00 时在深圳市坪山区龙田街道竹坑 社区第三工业区 C 区 9 号楼二楼会议室召开，由公司董事长唐雪姣女士主持。 本次股东会采取现场 ...