为出具本法律意见书，本所律师审查了公司提供的有关本次股东会的文件，同时 听取了公司就有关事实的陈述和说明，并列席了本次股东会。公司承诺其所提供的文 件和所作的陈述和说明是完整、真实和有效的，无任何隐瞒、疏漏之处。 在本法律意见书中，本所根据本法律意见书出具之日或以前发生的事实及本所律 师对事实的了解，仅对本次股东会的程序事宜所涉及的相关法律法规问题发表法律意 见，保证本法律意见书不存在虚假记载、误导性陈述及重大遗漏。本所同意公司将本 法律意见书作为本次股东会必需文件予以公告，并依法对所出具之法律意见承担责任。 未经本所书面同意，本法律意见书不得用作其他任何目的。 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 2025 年第二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 北京市竞天公诚律师事务所（以下简称"本所"）接受深圳市曼恩斯特科技股份有 限公司（以下简称"公司"）的委托，指派本所律师列席公司于 2025 ...

Core Points - The Shanghai Composite Index is currently at 3996.35 points, above the annual line, with a decline of 0.16% and a total trading volume of 1,602.079 billion yuan [1] - A total of 32 A-shares have surpassed the annual line today, with notable stocks showing significant deviation rates [1] Summary by Category Stock Performance - The stocks with the highest deviation rates include Mannesmann (5.00%), Yahui Long (4.97%), and Xuan Ya International (4.31%) [1] - Mannesmann's stock price increased by 7.00% with a turnover rate of 18.49% [1] - Yahui Long's stock price rose by 6.78% with a turnover rate of 3.82% [1] - Xuan Ya International's stock price increased by 6.82% with a turnover rate of 17.96% [1] Other Notable Stocks - ST Nuotai and Digital People also showed positive performance with increases of 3.64% and 3.22%, respectively [1] - The stocks with smaller deviation rates that just crossed the annual line include Jianhui Information, Sinopec, and Xianggang Technology [1] Trading Volume - The total trading volume of A-shares today reached 1,602.079 billion yuan, indicating active market participation [1]

Core Insights - The lithium battery sector in the A-share market has shown strong performance, with several stocks experiencing significant gains, indicating positive market sentiment and potential investment opportunities [1] Group 1: Stock Performance - Aok股份 (Aok Co., Ltd.) saw an increase of 11.54%, with a total market capitalization of 86.78 billion and a year-to-date gain of 103.51% [2] - 泰和科技 (Taihe Technology) rose by 10.88%, with a market cap of 78.11 billion and a year-to-date increase of 126.81% [2] - 中利集团 (Zhongli Group) experienced a 10.03% rise, with a market cap of 115 billion and a year-to-date gain of 57.38% [2] - 康隆达 (Kanglongda) increased by 10.02%, with a market cap of 50.43 billion and a year-to-date gain of 121.67% [2] - 石大胜华 (Shida Shenghua) rose by 10.00%, with a market cap of 193 billion and a year-to-date increase of 137.34% [2] - 兆新股份 (Zhaoxin Co., Ltd.) increased by 9.97%, with a market cap of 79.16 billion and a year-to-date gain of 57.54% [2] - 诺德股份 (Nord Co., Ltd.) rose by 7.44%, with a market cap of 135 billion and a year-to-date increase of 95.00% [2] - 曼恩斯特 (Mannester) increased by 7.19%, with a market cap of 88.75 billion and a year-to-date gain of 13.82% [2] - 永太科技 (Yongtai Technology) rose by 6.47%, with a market cap of 247 billion and a year-to-date increase of 198.21% [2] - 壹连科技 (Yilian Technology) increased by 5.80%, with a market cap of 90.31 billion and a year-to-date gain of 6.07% [2] - 富祥药业 (Fuxiang Pharmaceutical) rose by 5.29%, with a market cap of 78.27 billion and a year-to-date increase of 74.22% [2] - 滨海能源 (Binhai Energy) increased by 5.04%, with a market cap of 29.17 billion and a year-to-date gain of 26.86% [2] Group 2: Market Indicators - The MACD golden cross signal has formed, indicating a positive trend in the stock prices of these companies, suggesting potential for further gains in the lithium battery sector [1]

Core Points - The Shanghai Composite Index closed at 3993.35 points, remaining above the six-month moving average, with a slight decline of 0.24% [1] - The total trading volume of A-shares reached 1,270.245 billion yuan [1] - A total of 49 A-shares have surpassed the six-month moving average today, with notable stocks showing significant deviation rates [1] Summary by Category Stock Performance - Notable stocks with high deviation rates include: - Qudongli (驱动力) with a deviation rate of 5.91% and a daily increase of 7.05% [1] - Lubridge Information (路桥信息) with a deviation rate of 5.60% and a daily increase of 13.08% [1] - Beiyikang (倍益康) with a deviation rate of 4.75% and a daily increase of 7.60% [1] - Other stocks that just crossed the six-month moving average include: - Qianyuan Pharmaceutical (仟源医药) and *ST Jinke (*ST金科) with smaller deviation rates [1] Trading Activity - The trading turnover rate for Qudongli was 3.59%, while Lubridge Information had a turnover rate of 6.91% [1] - The stock with the highest turnover rate was Aipeng Medical (爱朋医疗) at 19.33% with a daily increase of 10.57% [1] Market Trends - The overall market shows a mix of stocks performing well above the six-month moving average, indicating potential bullish sentiment in certain sectors [1]

Core Points - The Shanghai Composite Index is currently at 4013.00 points, above the six-month moving average, with a change of 0.26% [1] - A total of 56 A-shares have surpassed the six-month moving average today, with notable stocks showing significant deviation rates [1] Summary by Category Stock Performance - The total trading volume of A-shares today is 901.17 billion yuan [1] - The stocks with the highest deviation rates from the six-month moving average include: - Qudongli (驱动力) with a deviation rate of 8.56% and a price increase of 9.75% [1] - Beiyikang (倍益康) with a deviation rate of 7.61% and a price increase of 10.56% [1] - Mannester (曼恩斯特) with a deviation rate of 4.64% and a price increase of 10.53% [1] Additional Notable Stocks - Other stocks that have recently crossed the six-month moving average with lower deviation rates include: - Lanzhou Bank (兰州银行) and Yirui Biological (易瑞生物), which have just crossed the six-month line [1] - The table lists various stocks with their respective trading performance, including turnover rates and latest prices [1][2]

Industry Developments - The Chinese Academy of Sciences has achieved significant progress in perovskite solar cells, developing a prototype with a power conversion efficiency of 27.2% and improved operational stability, laying a crucial foundation for industrialization [1] - The production cost for current hundred megawatt (MW) capacity is approximately 1-1.5 yuan/W, with packaging materials like glass accounting for over 30% of the cost; future gigawatt (GW) level production is expected to drop below 0.8 yuan/W [1][2] - By 2030, perovskite production capacity is projected to exceed 100 GW, with a component market nearing 40 billion yuan, benefiting equipment manufacturers as market penetration increases [2] Company Insights - Mannsster has received orders for its perovskite products, including systems for gigawatt, pilot, and experimental single-junction and tandem coating, with a notable competitive advantage in domestic gigawatt-level coating systems [3] - Junda Co., a local company in Hainan, has collaborated with renowned universities and institutions to develop perovskite tandem cells with a laboratory efficiency of 32.08%, leading the industry [3]

Core Points - Mannesmann announced the completion of business registration changes on November 10, 2025, and received the registration notice from the Shenzhen Market Supervision Administration [2] Company Summary - The company has successfully completed the necessary procedures for business registration changes [2] - The registration notice was issued by the Shenzhen Market Supervision Administration, indicating compliance with local regulations [2]

证券代码：301325 证券简称：曼恩斯特 公告编号：2025-067 1 满之日止。 上 述 具 体 内 容 详 见 公 司 于 2025 年 11 月 4 日 在 巨 潮 资 讯 网 （www.cninfo.com.cn）披露的《关于非独立董事辞职暨选举职工代表董事的公告》 （公告编号：2025-066）。 2025 年 11 月 10 日，公司完成了以上相关事项的工商变更登记手续，取得 了深圳市场监督管理局下发的《登记通知书》。 深圳市曼恩斯特科技股份有限公司 关于完成工商变更登记的公告 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、基本情况 深圳市曼恩斯特科技股份有限公司（以下简称"公司"）于 2025 年 8 月 28 日召开第二届董事会第十三次会议、第二届监事会第十次会议，审议通过了《关 于修订<公司章程>的议案》，为进一步提升公司治理效能，提高公司规范化运作 水平，根据中国证券监督管理委员会发布的《关于新<公司法>配套制度规则实施 相关过渡期安排》《上市公司章程指引》等相关法律法规的规定，公司监事会的 职责将由董事会审计委员会行使，《深圳市 ...

Group 1 - Kelu Electronics has established a new energy storage company with a registered capital of 10 million yuan, holding 99% of the shares [3] - Kelu Electronics, as a veteran in the energy storage industry, offers comprehensive self-manufacturing capabilities for key components and systems, providing one-stop services for customers [4] - PowerCo, a subsidiary of Volkswagen, has begun construction of a 90 GWh battery factory in Canada with an estimated total investment of 7 billion CAD (approximately 5 billion USD) [5] Group 2 - China Science Electric announced a transfer of 5.001% of its shares to a state-owned investment fund for approximately 800 million yuan, marking a significant upgrade in its supply chain collaboration [6] - Nandu Power's project in Zhejiang is progressing well, with an investment exceeding 1 billion yuan and an expected annual production capacity of 5.6 GWh of lithium batteries [7] - Samsung SDI has reached an agreement with Tesla to supply approximately 30 GWh of energy storage system batteries over the next three years, valued at around 150 billion yuan [8] Group 3 - LG Energy Solution reported a Q3 revenue of approximately 5.7 trillion KRW, with a 22.2% increase in operating profit, benefiting from policy subsidies [9] - Times Qi Ji New Energy Technology has been established with a registered capital of 5 million yuan, focusing on emerging energy technology research and battery sales [10][11] - Wuliangye has announced a tender for a 10 MW/20 MWh energy storage system project, indicating its entry into the energy storage sector [12] Group 4 - Pylon Technologies has opened a subsidiary in Australia, marking its expansion into the Australian market [13] - EVE Energy has secured a strategic partnership with EVO Power to supply 2.2 GWh of energy storage batteries over the next five years [14] - Samsung C&T is entering the Japanese energy storage market through a joint venture with Irex, focusing on large-scale energy storage systems [15] Group 5 - Hichain Energy has signed a strategic cooperation agreement with El-Mor for a 1.5 GWh long-duration energy storage project in Israel [16] - A report indicates that the revenue growth of lithium battery copper foil companies is improving, with significant increases in revenue for companies like Defu Technology and Jiayuan Technology [18] - A lithium battery water-based anode binder project has been signed in Hubei, with an investment of 105 million yuan expected to enhance the local supply chain [19] Group 6 - Peking University and OneD Battery Sciences have signed a joint development agreement to advance silicon-based anode materials for lithium-ion batteries [20][21] - New Energy Company has reported a significant increase in the export volume of lithium hexafluorophosphate, indicating strong overseas demand [22][23] - Yifei Laser has secured a 1.9 billion yuan order for lithium battery equipment assembly lines, which is expected to positively impact future financial performance [25] Group 7 - Hymson has established a strategic partnership with Swiss semiconductor testing company Attolight AG, marking its entry into high-end material testing [26] - The Mannester intelligent equipment production base project has commenced in Huai'an, indicating growth in the intelligent manufacturing sector [27] - Gree's latest performance report shows a significant increase in the recycling and dismantling of power batteries, with a total of 36,643 tons recycled in the first three quarters [29] Group 8 - Zhongxin Innovation has established a new company focused on battery manufacturing and recycling, with a registered capital of 1 billion yuan [30][31] - A lithium battery recycling project in Hubei has entered trial production, with a capacity to process 20,000 tons of retired batteries annually [32] - Anhui Jinxiangzi New Energy Technology is planning a 100,000-ton battery recycling project, with a phased approach to increase capacity [33] Group 9 - Zhongxin Innovation has launched a new 5C supercharging battery pack for the Xiaopeng X9, emphasizing high energy capacity and fast charging [35] - BYD has reaffirmed its commitment to lithium iron phosphate battery technology, highlighting its safety and reliability in electric buses [36] - WM Motor has relaunched its app, restoring key functionalities for vehicle control and information synchronization [37] Group 10 - Chuangneng New Energy has officially entered the automotive manufacturing sector, utilizing the former WM Motor factory [38] - CATL is facing increased demand from multiple automakers as they rush to secure battery supplies ahead of upcoming policy changes [39]

Core Viewpoint - The lithium battery equipment industry is experiencing a phase of "adjustment and differentiation" in the first nine months of 2025, with leading companies showing resilience and growth despite overall market challenges [1]. Group 1: Performance Overview - The lithium battery equipment sector has shown a mixed performance in 2025, with some companies facing revenue declines of 10%-30% due to previous order cycles, while leading firms like XianDao Intelligent and YingHe Technology achieved revenue growth [2][3]. - Profitability has been impacted by high impairment provisions, leading to losses for companies like HaiMuXing and ManEnSiTe, while others like XianDao Intelligent and LiYuanHeng improved profits through better cost control [3]. Group 2: Highlights of Leading Companies - **XianDao Intelligent**: Achieved a revenue of 10.439 billion yuan in the first nine months of 2025, a 15% increase year-on-year, with a net profit of 1.186 billion yuan, up 95% due to the recovery of receivables [4][5]. - **YingHe Technology**: Reported a revenue of 6.784 billion yuan, a 5% increase, but faced a 39% decline in net profit to 300 million yuan due to margin pressure [6]. - **LiYuanHeng**: Turned a profit with a revenue of 2.424 billion yuan, a 4% increase, and a net profit of 50 million yuan, marking a turnaround [8][9]. Group 3: Industry Outlook for 2026 - The industry is expected to benefit from three main opportunities: recovery in domestic demand, expansion into overseas markets, and technological upgrades, particularly in solid-state battery technology [10][11]. - However, challenges such as industry consolidation and international risks remain, with potential impacts from geopolitical tensions on market expansion and supply chains [12]. Group 4: Conclusion - The lithium battery equipment industry is poised for new opportunities amid adjustments, with leading companies leveraging technological advantages and international strategies to strengthen their positions [13].