国浩律师（长沙）事务所 关于 湖南裕能新能源电池材料股份有限公司 延长公司向特定对象发行股票股东大会 决议有效期及相关授权有效期的 专项核查意见 长沙市湘江中路保利国际广场 B3 栋 17 楼 邮编：410000 17/F, Building B3, Poly International Plaza, Middle Xiangjiang Road, Changsha 410000, China 电话/Tel: +86 731 8868 1999 传真/Fax: +86 731 8868 1999 网址/Website: http://www.grandall.com.cn 国浩律师（长沙）事务所 专项核查意见 国浩律师（长沙）事务所 关于湖南裕能新能源电池材料股份有限公司 延长公司向特定对象发行股票股东大会 决议有效期及相关授权有效期的 专项核查意见 致：湖南裕能新能源电池材料股份有限公司 国浩律师（长沙）事务所（以下简称"本所"）接受湖南裕能新能源电池材 料股份有限公司（以下简称"发行人"）的委托，担任发行人本次向特定对象发 行股票（以下简称"本次发行"）的专项法律顾问。 针对发行人延长本次发行股东大会决议 ...

国浩律师（长沙）事务所 关于 湖南裕能新能源电池材料股份有限公司 2025 年第一次临时股东大会 之 法律意见书 长沙市湘江中路保利国际广场 B3 栋 17 楼 邮编：410000 17/F, Building B3, Poly International Plaza, Middle Xiangjiang Road, Changsha 410000, China 电话/Tel: +86 731 8868 1999 传真/Fax: +86 731 8868 1999 网址/Website: http://www.grandall.com.cn 国浩律师（长沙）事务所 法律意见书 国浩律师（长沙）事务所 关于湖南裕能新能源电池材料股份有限公司 2025 年第一次临时股东大会之 法律意见书 致：湖南裕能新能源电池材料股份有限公司 国浩律师（长沙）事务所（以下简称"本所"）接受湖南裕能新能源电池材料 股份有限公司（以下简称"公司"）的委托，指派本所律师出席并见证了公司 2025 年第一次临时股东大会，并根据《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》"）、《上市 ...

证券代码：301358 证券简称：湖南裕能 公告编号：2025-046 湖南裕能新能源电池材料股份有限公司 2025 年第一次临时股东大会决议公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 特别提示： 1、本次股东大会未出现否决议案的情形。 2、本次股东大会不涉及变更以往股东大会已通过的决议。 一、会议召开和出席情况 （一）会议召开情况 1、现场会议召开时间：2025 年 9 月 12 日（星期五）15:30 2、现场会议召开地点：湖南省湘潭市雨湖区鹤岭镇日丽路 18 号湖南裕能新 能源电池材料股份有限公司二楼会议室 3、网络投票时间：通过深圳证券交易所交易系统进行网络投票的具体时间 为：2025 年 9 月 12 日的交易时间，即 9:15-9:25，9:30-11:30 和 13:00-15:00；通 过深圳证券交易所互联网投票系统投票的具体时间为：2025 年 9 月 12 日 9:15-15:00 期间的任意时间 4、召开方式：采用现场表决与网络投票相结合的方式 5、召集人：公司董事会 6、现场会议主持人：董事长谭新乔先生 7、本次会议的召集、召 ...

Core Viewpoint - The phosphate cathode material industry is facing pressure on overall profitability due to fluctuations in raw material prices and intensified competition. The company is committed to innovation-driven development and improving its integrated layout and refined management to address industry challenges [1] Industry Summary - The phosphate cathode material industry is experiencing challenges from multiple factors, including raw material price volatility and increased competition [1] - An industry association has issued an initiative to maintain the healthy and orderly development of the lithium iron phosphate material industry, which is expected to curb vicious price competition and promote high-quality industry development [1] - The company will closely monitor industry dynamics to continuously enhance its core competitive advantages [1]

Company Overview - Hunan YN Energy has seen its stock price increase by 15.6% over the past five days, currently trading at 41.57 CNY per share with a market capitalization of 31.63 billion CNY [1] - The company specializes in lithium-ion battery cathode materials, focusing on research, production, and sales of products such as lithium iron phosphate and ternary materials [1] - The main revenue source is lithium iron phosphate, accounting for 98.04% of total revenue, with applications in electric vehicles and energy storage [1] Shareholder Insights - E Fund's Chuangye ETF (159915) is among the top ten shareholders of Hunan YN Energy, having reduced its holdings by 271,900 shares in Q2, now holding 9.90 million shares, representing 2.58% of circulating shares [2] - The ETF has generated a floating profit of approximately 138.61 thousand CNY today and 5.55 million CNY during the five-day stock price increase [2] Fund Management - The fund managers of E Fund's Chuangye ETF are Cheng Xi and Liu Shurong, with Cheng having a tenure of 9 years and 128 days, and Liu having 8 years and 56 days [3] - Cheng's fund has achieved a best return of 131.04% and a worst return of -67.89% during his tenure, while Liu's fund has seen a best return of 194.12% and a worst return of -48.01% [3]

Group 1 - Hunan YN's stock price increased by 5.39% to 42.65 CNY per share, with a trading volume of 621 million CNY and a turnover rate of 3.83%, resulting in a total market capitalization of 32.448 billion CNY [1] - The stock has risen for three consecutive days, with a cumulative increase of 12.54% during this period [1] - Hunan YN specializes in lithium-ion battery cathode materials, focusing on research, production, and sales, with its main products being lithium iron phosphate and ternary materials [1] Group 2 - The main revenue source for Hunan YN comes from phosphate cathode materials, accounting for 98.04% of total revenue, while other materials contribute 1.96% [1] - Southern Fund's Southern CSI 500 ETF increased its holdings in Hunan YN by 972,600 shares, now holding 6.7279 million shares, which is 1.75% of the circulating shares [2] - The ETF has generated a floating profit of approximately 14.6668 million CNY today and 30.3428 million CNY during the three-day increase [2]

Group 1 - The report indicates that the sponsor, CITIC Securities, has effectively reviewed the company's information disclosure documents without any delays, with zero instances of late reviews [1] - The company has established and effectively executed regulations to prevent related party transactions and manage fundraising, ensuring compliance with internal control and auditing standards [1] - The sponsor has conducted monthly checks on the company's fundraising special accounts, confirming that the progress of fundraising projects aligns with the disclosed information [1] Group 2 - There are no reported issues or concerns regarding the company's compliance with commitments, including those related to competition and related party transactions [2] - The report states that there have been no significant changes in the company's operations or financial status that would require additional disclosures [2] - The sponsor has not identified any matters requiring attention or corrective actions during the review period [2]

Group 1 - The lithium battery sector has become a new choice for short-term capital, with significant stock price increases observed on September 5, where the Wind Power Battery Index rose by 9.64% [1] - The performance of various segments within the lithium battery industry shows a clear divergence, with the negative electrode materials and electrolyte sectors experiencing substantial revenue growth, while the positive electrode materials and lithium battery separators lagged behind [2][4] - The electrolyte sector demonstrated the most notable improvement in performance, with average revenue growth of 20.77% and net profit growth of 35.4% among the 11 sample companies analyzed [5][6] Group 2 - The core material, lithium hexafluorophosphate, showed significant performance improvements, with revenue growth of 16.07% and net profit growth of 40.87% [5] - Despite a decline in sales prices, the sales volume of electrolytes increased significantly, leading to a rise in sales revenue [5][6] - The negative electrode materials sector also saw revenue growth of 25.62% and net profit growth of 119.19%, although some companies faced challenges with declining profit margins [8][9] Group 3 - The positive electrode materials and separators faced weaker performance, with net profit declines of 54.38% and 1.3% respectively, indicating a broader trend of profit margin compression across the industry [9][10] - The overall trend shows that while some companies are experiencing revenue growth, many are struggling with declining profit margins, suggesting that the price bottom for lithium battery materials has not yet been reached [10] - The mixed operations of lithium battery companies complicate the reflection of industry conditions in their performance, as many companies engage in multiple segments [11][12]

中信建投证券股份有限公司 关于湖南裕能新能源电池材料股份有限公司 2025 年上半年度持续督导跟踪报告 | 保荐人名称：中信建投证券股份有限公司 | 上市公司简称：湖南裕能 | | --- | --- | | 保荐代表人姓名：张帅 | 联系电话：010-56051435 | | 保荐代表人姓名：胡德波 | 联系电话：010-65608237 | 一、保荐工作概述 | 项目 | 工作内容 | | --- | --- | | 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 | 次 0 | | 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、募集资金管理制度、内控制度、内部审计制度、 | 是 | | 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 | 每月一次 | | （2）公司募集资金项目进展是否与信息披露文件一致 | 是 | | 4. ...

Core Viewpoint - The report highlights the performance of the Jiashi New Energy Materials Stock A Fund, indicating a profit of 118 million yuan in the first half of 2025, with a net value growth rate of 5.25% and a fund size of 2.059 billion yuan as of mid-year [2]. Fund Performance - The fund's weighted average profit per share for the reporting period is 0.0959 yuan [2]. - As of September 3, the fund's unit net value is 2.113 yuan [2]. - The fund's one-year return is 69.74%, ranking it 3rd among comparable funds [5]. - Over the past three months, the fund's net value growth rate is 23.82%, ranking 21st out of 44 comparable funds [5]. Market Position and Competitiveness - The fund manager notes an increase in China's global competitiveness across various industries, including AI, internet, and military sectors, indicating a rise in domestic risk appetite [2]. - The fund's weighted average price-to-earnings (P/E) ratio is approximately 28.99 times, significantly lower than the industry average of 1550.21 times [10]. Valuation Metrics - The fund's weighted average price-to-book (P/B) ratio is about 2.51 times, compared to the industry average of 2.74 times [10]. - The weighted average price-to-sales (P/S) ratio stands at 2.09 times, lower than the industry average of 2.24 times [10]. Growth Metrics - For the first half of 2025, the fund's weighted average revenue growth rate is 0.06%, and the weighted average net profit growth rate is 0.09% [18]. - The weighted annualized return on equity is 0.09% [18]. Fund Composition and Holdings - As of June 30, 2025, the fund's total assets amount to 2.059 billion yuan, with 343,700 holders collectively owning 1.148 billion shares [34][37]. - The fund has a high concentration of holdings, with its top ten stocks including Ningde Times, Putailai, and Yiwei Lithium Energy [42]. Trading Activity - The fund's turnover rate for the last six months is approximately 43.5%, consistently below the industry average [40].