证券代码：301355 证券简称：南王科技 公告编号：2025-054 福建南王环保科技股份有限公司 关于公司 2025 年限制性股票激励计划 内幕信息知情人及激励对象买卖公司股票情况的自查报告 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 根据《上市公司股权激励管理办法》（以下简称《管理办法》）、《深圳证 券交易所创业板上市公司自律监管指南第 1 号——业务办理》等法律、法规及规 范性文件和《公司章程》的相关规定，公司通过向中国证券登记结算有限责任公 司深圳分公司（以下简称"中登深圳"）查询，对 2025 年限制性股票激励计划 （以下简称"本激励计划"）内幕信息知情人及激励对象在本激励计划公开披露 前 6 个月内（即 2025 年 2 月 25 日至 2025 年 8 月 25 日，以下简称"自查期间"） 买卖公司股票的情况进行了自查，具体情况如下： 一、核查范围及程序 1、核查对象为本激励计划的内幕信息知情人和激励对象； 2、激励计划的内幕信息知情人均填报了《内幕信息知情人登记表》； 3、本公司向中登深圳就核查对象在自查期间买卖公司股票情况进行了查询 确 ...

申万宏源证券承销保荐有限责任公司 关于福建南王环保科技股份有限公司 2025年半年度跟踪报告 一、保荐工作概述 | 项目 | 工作 | | --- | --- | | 1.公司信息披露审阅情况 | | | （1）是否及时审阅公司信息披露文件 | 是 | | （2）未及时审阅公司信息披露文件的次数 | 0次 | | 2.督导公司建立健全并有效执行规章制度的情况 | | | （1）是否督导公司建立健全规章制度（包括但不限 | | | 于防止关联方占用公司资源的制度、募集资金管理 | 是 | | 制度、内控制度、内部审计制度、关联交易制度） | | | （2）公司是否有效执行相关规章制度 | 是 | | 3.募集资金监督情况 | | | （1）查询公司募集资金专户次数 | 保荐代表人本半年度核查募集资金 | | | 专户对账单6次 | | （2）公司募集资金项目进展是否与信息披露文件 | 是 | | 一致 | | | 4.公司治理督导情况 | | | （1）列席公司股东大会次数 | 未现场出席，审阅了历次会议通知 | | | 及其决议 | | （2）列席公司董事会次数 | 未现场出席，审阅了历次会议通知 | | | ...

Core Viewpoint - The company has approved the 2025 Restricted Stock Incentive Plan and the list of initial grant recipients, ensuring compliance with relevant laws and regulations [1][2][3] Group 1: Announcement Details - The company held meetings on August 25, 2025, to review and approve the 2025 Restricted Stock Incentive Plan and its management measures [1] - The details of the plan and the list of initial grant recipients were publicly disclosed on August 26, 2025, on the official information platform [2] Group 2: Verification Process - The company conducted an internal verification of the initial grant recipient list, including checks on identification documents and employment contracts [2][3] - The verification confirmed that all listed recipients meet the eligibility criteria set forth in the relevant regulations [3] Group 3: Recipient Eligibility - The initial grant recipient list does not include independent directors, major shareholders, or their immediate family members [4] - The plan includes foreign employees in key positions, which is deemed necessary for attracting and retaining high-end talent [4]

证券代码：301355 证券简称：南王科技 公告编号：2025-053 福建南王环保科技股份有限公司 董事会薪酬与考核委员会与监事会 关于公司 2025 年限制性股票激励计划 首次授予激励对象名单的公示情况说明及核查意见 本公司及董事会薪酬与考核委员会、监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。 福建南王环保科技股份有限公司（以下简称"公司"）于 2025 年 8 月 25 日召开第三届董事会第二十五次会议和第三届监事会第十五次会议，审议通过 了《关于公司〈2025 年限制性股票激励计划（草案）〉及其摘要的议案》《关 于公司〈2025 年限制性股票激励计划实施考核管理办法〉的议案》等相关议案。 具体内容详见公司于 2025 年 8 月 26 日在巨潮资讯网（www.cninfo.com.cn）上 披露的相关公告。 根据《中华人民共和国公司法》（以下简称"《公司法》"）、《上市公 司股权激励管理办法》（以下简称"《管理办法》"）、《深圳证券交易所创 业板股票上市规则》（以下简称"《上市规则》"）、《深圳证券交易所创业 板上市公司自律监管指南第 1 号一业务办理》（以 ...

Group 1 - The stock price of Nanwang Technology on August 27 was 12.21 yuan, down 0.51 yuan or 4.01% from the previous trading day [1] - The opening price on that day was 12.66 yuan, with a highest price of 12.75 yuan and a lowest price of 12.18 yuan, with a trading volume of 77,175 hands and a transaction amount of 0.96 billion yuan [1] - The net outflow of main funds on August 27 was 5.613 million yuan, accounting for 0.46% of the circulating market value [1] Group 2 - Nanwang Technology operates in the paper and printing industry, focusing on the research, production, and sales of environmentally friendly paper bags and food packaging products [1] - The company's products are widely used in various fields, including food, pharmaceuticals, and electronics [1] - Over the past five trading days, the cumulative net outflow was 19.771 million yuan, representing 1.62% of the circulating market value [1]

Core Viewpoint - Nanwang Technology (301355) reported mixed financial results for the first half of 2025, with significant revenue growth but a sharp decline in net profit, indicating potential operational challenges and increased financial pressures [1] Financial Performance - Total revenue reached 777 million yuan, a year-on-year increase of 32.22% [1] - Net profit attributable to shareholders was 2.33 million yuan, a year-on-year decrease of 89.44% [1] - In Q2 alone, total revenue was 401 million yuan, up 40.8% year-on-year, while net profit was -4.84 million yuan, down 235.7% [1] Key Financial Ratios - Gross margin was 12.85%, a decrease of 16.17% year-on-year [1] - Net margin was -0.38%, a decline of 111.1% year-on-year [1] - Total expenses (selling, administrative, and financial) amounted to 87.89 million yuan, accounting for 11.32% of revenue, an increase of 18.39% year-on-year [1] Cash Flow and Assets - Operating cash flow per share was 0.1 yuan, down 77.26% year-on-year [1] - The company experienced a significant increase in accounts receivable, with a year-on-year growth of 59.8% [1] Changes in Financial Items - Fixed assets increased by 11.09% due to the completion of a factory [2] - Operating costs rose by 36.08%, driven by increased revenue from subsidiaries [2] - Financial expenses surged by 675.48%, attributed to higher borrowing costs and reduced interest income [2] Cash Flow Analysis - Net cash flow from financing activities decreased by 69.6% due to increased loan repayments [3] - The net increase in cash and cash equivalents fell by 147.47%, influenced by higher deposits and payments [4] Business Evaluation - The company's return on invested capital (ROIC) was 1.61%, indicating weak capital returns [4] - Historical data shows a median ROIC of 10.9% since listing, with the worst year being 2024 [4] Operational Insights - The business model relies heavily on R&D, marketing, and capital expenditures, necessitating careful evaluation of capital projects [4] - Cash flow ratios indicate potential liquidity concerns, with cash resources only covering 36.51% of current liabilities [4]

Core Insights - Nanwang Technology (301355.SZ) released its semi-annual report for 2025 on August 26, 2025, detailing institutional investor holdings [1] Group 1: Institutional Holdings - As of August 25, 2025, a total of 7 institutional investors disclosed holdings in Nanwang Technology A-shares, amounting to 57.2806 million shares, which represents 29.36% of the total share capital [1] - The institutional investors include Huian Huaying Investment Center (Limited Partnership), Huian Chuanghui Investment Center (Limited Partnership), Jinjiang Yongrui Investment Partnership (Limited Partnership), Huian Zhonghui Investment Center (Limited Partnership), Jinjiang Yongyue Investment Partnership (Limited Partnership), Wens Growth No.1 (Zhuhai) Equity Investment Partnership (Limited Partnership), and BARCLAYS BANK PLC [1] - Compared to the previous quarter, the total institutional holding percentage decreased by 0.46 percentage points [1]

Core Viewpoint - The legal opinion letter from Shanghai Jintiancheng Law Firm confirms that Fujian Nanwang Environmental Technology Co., Ltd. is qualified to implement its 2025 Restricted Stock Incentive Plan, adhering to relevant laws and regulations [1][5][17]. Group 1: Company Qualifications - Fujian Nanwang Environmental Technology Co., Ltd. is a legally established and validly existing company listed on the Shenzhen Stock Exchange, with a registered capital of 1.95 billion RMB [5]. - The company has obtained approval from the China Securities Regulatory Commission for its initial public offering and is compliant with the relevant laws and regulations [5][6]. Group 2: Incentive Plan Details - The 2025 Restricted Stock Incentive Plan aims to establish a long-term incentive mechanism to attract and retain talent, aligning the interests of shareholders, the company, and core team members [9][21]. - The plan specifies that the incentive objects include directors, senior management, middle management, and core technical personnel, excluding independent directors and major shareholders [10][11]. Group 3: Stock Allocation and Conditions - The plan proposes to grant a total of 1.7731 million restricted stocks, accounting for 0.74% of the company's total share capital, with a reserved portion of 0.3331 million shares [13][14]. - The granting of restricted stocks will be based on specific conditions and will not exceed 1% of the total share capital for any individual incentive object [13][14]. Group 4: Compliance and Procedures - The company has followed the necessary procedures for the implementation of the incentive plan, including board and supervisory committee approvals [16][17]. - The plan is subject to further procedures, including public disclosure of the incentive objects and compliance with insider trading regulations [16][17]. Group 5: Impact on Company and Shareholders - The incentive plan is deemed beneficial for the company's sustainable development and does not harm the interests of the company or its shareholders [21][22]. - The company has committed not to provide financial assistance to incentive objects for acquiring rights under the plan, ensuring compliance with relevant regulations [20][22].

Core Viewpoint - The company plans to implement a restrictive stock incentive plan for 2025 to enhance its governance structure and motivate key personnel to achieve business goals and improve performance [1][2]. Group 1: Assessment Objectives and Principles - The purpose of the assessment is to improve the company's governance structure and ensure the effective implementation of the stock incentive plan, aligning it with the company's strategic goals [1]. - The assessment must adhere to principles of fairness, transparency, and objectivity, linking the incentive plan closely with the performance and contributions of the incentivized individuals [1][2]. Group 2: Assessment Scope and Institutions - The assessment applies to all participants in the stock incentive plan, including directors, senior management, middle management, and key technical personnel, excluding independent directors and major shareholders [2]. - The board's remuneration and assessment committee will lead and review the assessment work, while the human resources department will implement the assessment and report to the committee [2]. Group 3: Assessment Indicators and Standards - The performance assessment for the stock incentive plan will focus on revenue growth, with specific targets set for the years 2025 and 2026 [3][4]. - For 2025, the target revenue growth rate is set at 20%, with a trigger value of 15%. For 2026, the target is 10%, with a trigger value of 8% [4][5]. Group 4: Assessment Results and Management - If the company fails to meet the performance targets in any given year, all corresponding stock incentives for that year will not vest or be deferred [6][7]. - The assessment results will be communicated to the assessed individuals, who have the right to appeal if they disagree with the results [8]. Group 5: Additional Provisions - The assessment management procedures include archiving performance records and ensuring confidentiality, with records to be destroyed three years after the incentive plan concludes [9]. - The board is responsible for formulating, interpreting, and revising the assessment guidelines, which will take effect upon approval by the shareholders' meeting [9].

激励计划草案公告时公司股本总额的 1%。公司全部在有效期内的股权激励计划所涉及的标的股票总数 累计 未超过本次激励计划草案公告时公司股本总额的 20%。 际控制人及其配偶、父母、子女。 福建南王环保科技股份有限公司 占本激励计 | 占首次授予限 | | | | | | | --- | --- | --- | --- | --- | --- | | 获授的限制性股 | | | | | 划公告日股 | | 姓名 | 国籍 | 职务 | 制性股票总 | | | | 票数量（万股） | | | | | 本总额的比 | | 数的比例 | | | | 例 | | | 郑清勇 | 中国 | 董事、财务总监 | 10.00 5.64% | | 0.05% | | 副总经理、董事会 | | | | | | | 刘莺莺 | 中国 | | | | | | 秘书 1.00 | | | 0.56% | 0.01% | | | 中层管理人员、核心技术（业务）骨干 | | | | | | | （83 | 人） | | | | | | 33.31 | 预留部分 | | 18.79% | 0.17% | | | 177.31 | 合计 | | ...