Group 1 - The company Longhua Chemical Technology Co., Ltd. has convened a board meeting to discuss the issuance of shares through a simplified procedure to specific targets, which has been authorized by the 2024 annual shareholders' meeting [1][2] - The board has confirmed that the company meets the qualifications and conditions for issuing shares under the simplified procedure as per relevant laws and regulations [1][2] - The issuance will require approval from the Shenzhen Stock Exchange and registration consent from the China Securities Regulatory Commission before implementation [2] Group 2 - The type of shares to be issued is domestic listed ordinary shares (A shares) with a par value of RMB 1.00 per share [2][3] - The issuance will be completed within ten working days after the registration decision by the China Securities Regulatory Commission [2][3] Group 3 - The issuance targets will not exceed 35 entities, including qualified institutional investors and other legal entities or individuals [3][4] - All issuance targets will subscribe at the same price and pay in cash [3][4] Group 4 - The pricing benchmark date for the issuance will be the first day of the issuance period, with the issuance price set at no less than 80% of the average stock price over the 20 trading days prior to the benchmark date [4][5] - Adjustments to the issuance price will be made if there are any dividend distributions or capital increases during the pricing period [4][5] Group 5 - The number of shares to be issued will be determined based on the total amount of funds raised divided by the issuance price, not exceeding 30% of the total share capital before the issuance [5][6] - The total amount to be raised is capped at RMB 230 million, with net proceeds allocated to specific projects [6][7] Group 6 - The shares issued will be subject to a six-month lock-up period from the date of issuance [6][7] - The profits retained before the issuance will be shared among both new and existing shareholders after the completion of the issuance [7][8] Group 7 - The validity period for the resolution regarding the issuance is from the date of approval by the 2024 annual shareholders' meeting until new regulations are issued [7][8] - The board has authorized the management to adjust the issuance plan according to new regulations if necessary [8][9] Group 8 - The company has appointed an auditing firm to provide specialized audit services for the issuance [12][13] - A second extraordinary shareholders' meeting is scheduled for August 18, 2025, to review matters requiring shareholder approval [13]

Core Viewpoint - The company plans to issue shares through a simplified procedure to specific investors, subject to regulatory approval, to raise funds for various projects [1][2][3] Group 1: Meeting and Approval - The supervisory board meeting was held on July 27, 2025, to discuss the issuance of shares [1] - The proposal for the share issuance was approved unanimously with 3 votes in favor and no opposition [2][3] Group 2: Issuance Details - The type of shares to be issued is domestic RMB ordinary shares (A shares) with a par value of RMB 1.00 per share [2] - The issuance will be completed within ten working days after receiving registration approval from the China Securities Regulatory Commission (CSRC) [2] - The issuance will target no more than 35 specific investors, including qualified institutional investors and other legal entities [2][3] Group 3: Pricing and Quantity - The pricing benchmark date will be the first day of the issuance period, with the price set at no less than 80% of the average stock price over the previous 20 trading days [4] - The total number of shares issued will not exceed 30% of the company's total shares prior to the issuance, with a fundraising target of up to RMB 300 million [5][6] Group 4: Lock-up Period and Fund Usage - Shares issued will have a lock-up period of six months from the issuance date, during which they cannot be transferred [5] - The funds raised will be used for specific projects, with a total amount not exceeding RMB 230 million, and any shortfall will be covered by the company's own funds [6] Group 5: Listing and Profit Sharing - The shares will be listed on the Shenzhen Stock Exchange's Growth Enterprise Market [6] - The retained earnings prior to the issuance will be shared among new and existing shareholders after the issuance is completed [6] Group 6: Validity and Future Planning - The resolution for the issuance is valid from the date of approval by the 2024 annual shareholders' meeting [7] - The company has prepared various reports related to the issuance, which are available for public viewing [8][9]

长华化学科技股份有限公司（以下简称"本公司"或"公司"）第三届董事会 第十七次会议决定于 2025 年 8 月 18 日（星期一）召开公司 2025 年第二次临时股 东会，现将本次会议有关事项通知如下： 一、召开会议的基本情况 第十七次会议审议通过了《关于召开 2025 年第二次临时股东会的议案》。 共和国公司法》《中华人民共和国证券法》《深圳证券交易所创业板股票上市规则》 等有关法律、行政法规、部门规章、规范性文件和《公司章程》的有关规定。 证券代码：301518 证券简称：长华化学 公告编号：2025-043 长华化学科技股份有限公司 关于召开 2025 年第二次临时股东会的通知 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。 （2）公司董事、监事和高级管理人员。 （3）公司聘请的见证律师。 （4）根据相关法规应当出席股东会的其他人员。 会议室。 （1）现场会议召开的时间：2025 年 8 月 18 日（星期一）下午 15:00 （2）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时间为 2025 年 8 月 18 日上午 通过深圳证券交易所互联 ...

Fundraising Plan - The company plans to raise a total of no more than 230 million yuan, with the net proceeds to be used entirely for specific projects after deducting related issuance costs [1] - The total investment for the project is estimated at 742.9485 million yuan, with the company’s wholly-owned subsidiary responsible for the implementation [1][2] Project Necessity and Feasibility - The project aims to produce 80,000 tons of carbon dioxide polyether annually, addressing the demand for high-performance green polyether products [1][2] - The overall profitability of the industry has declined due to fluctuations in upstream raw material prices, necessitating the development of high-end products to enhance competitiveness [2] - The global chemical industry is increasingly focusing on green transformation and circular economy, with major players like BASF setting ambitious carbon neutrality goals by 2035 [2][3] Market Demand and Growth - The polyether industry has shown a slight recovery trend, with an average growth rate of 6.38% over the past five years, and a compound growth rate of 23.41% for exports [4] - The demand for carbon dioxide polyether is expected to grow significantly, driven by the automotive and high-end furniture sectors, as well as the increasing popularity of electric vehicles [4][5] - The project aligns with the trend towards low-carbon and sustainable development, making it a key component in the transition to greener materials [6] Technical and R&D Capabilities - The company has established a strong technical foundation with 62 patents, including 36 invention patents, and is recognized as a national-level "little giant" enterprise [9][10] - The development of efficient and cost-effective catalysts for carbon dioxide polyether production is a significant technical challenge, which the company is addressing through increased R&D investment [9][10] Financial Impact and Project Benefits - The project is expected to yield a post-tax internal rate of return of 12.81% and a static investment payback period of 6.09 years, indicating good economic benefits [11] - The fundraising will enhance the company's total assets and net asset scale, improving capital structure and overall financial strength [12] - Successful implementation of the project will strengthen the company's market position and expand its application fields, aligning with industry trends and strategic development [12]

Core Viewpoint - The report provides an overview of the fundraising and usage of proceeds by Changhua Chemical Technology Co., Ltd. as of June 30, 2025, confirming compliance with regulatory guidelines and detailing the financial activities related to the raised funds [1][2]. Fundraising Overview - The company raised a total of RMB 902,537,500 through the issuance of 35.05 million shares at RMB 25.75 per share, with actual proceeds after underwriting fees amounting to RMB 851,450,471.70 [2][3]. - The total amount available for use after deducting various fees was RMB 825,059,369.81 [3]. Fund Usage - As of June 30, 2025, the company utilized RMB 651,633,283.81 for investment projects, with a remaining balance of RMB 184,345,219.18 [3][4]. - The company has made changes to its investment projects, notably terminating the "R&D Center Construction Project" and reallocating funds to the "Carbon Dioxide Polyether and High-Performance Polyol Project (Phase I)" [4][5]. Project Details - The "Carbon Dioxide Polyether and High-Performance Polyol Project" is planned in two phases, with total estimated investments of RMB 586,249,000, including RMB 437,252,000 for construction [5]. - The first phase includes the construction of facilities with a capacity of 80,000 tons/year for carbon dioxide polyether and 300,000 tons/year for polyether polyol, while the second phase will expand the capacity further [5]. Financial Management - The company has also engaged in cash management of temporarily idle funds, allowing for investment in low-risk financial products, with a maximum of RMB 50 million allocated for such purposes [10]. - The report indicates that the company has pre-invested RMB 121,347,500 of its own funds into projects before the public offering, which will be replaced by the raised funds [12]. Economic Benefits - The projects funded by the raised capital are expected to enhance the company's operational capabilities and market competitiveness, although some projects, like the R&D center, do not directly generate economic benefits [11][12]. - The expansion of the polymer polyol project has already begun to yield revenue, with reported income of RMB 39,572,170 for the first half of 2025 [12][14].

Core Viewpoint - The company is planning to issue A-shares to specific investors in 2025, which may dilute immediate returns for existing shareholders, and has outlined measures to mitigate this dilution risk [1][2][5]. Financial Impact of the Stock Issuance - The total amount to be raised from the issuance is estimated at 230 million yuan, with the number of shares to be issued being approximately 12.5 million, not exceeding 30% of the total shares before the issuance [2][4]. - The company's net profit for 2024 is projected at 58.1551 million yuan, with different growth scenarios for 2025 being 20%, 10%, or flat compared to 2024 [2][4]. - The basic earnings per share (EPS) under different profit growth scenarios are as follows: - Scenario 1 (20% growth): Pre-issuance EPS is 0.41 yuan, post-issuance EPS is 0.49 yuan [4]. - Scenario 2 (10% growth): Pre-issuance EPS is 0.41 yuan, post-issuance EPS is 0.45 yuan [4]. - Scenario 3 (flat): Pre-issuance EPS is 0.41 yuan, post-issuance EPS remains 0.41 yuan [4]. Necessity and Reasonableness of the Issuance - The issuance is aligned with the company's main business of developing, producing, and selling polyether products, including a new project for carbon dioxide polyether, which supports green economic policies [6][7]. - The project aims to enhance product structure and meet market demand, thereby improving overall competitiveness and profitability [7][8]. Measures to Mitigate Dilution of Immediate Returns - The company plans to implement various measures to enhance operational performance and ensure effective use of raised funds, including strict supervision of fund usage and improving investment decision-making processes [10][12]. - The company will focus on increasing market share, optimizing production processes, and reducing costs to enhance profitability [11][12]. Commitments from Major Stakeholders - The controlling shareholder and management have made commitments to not interfere with company operations or harm company interests, ensuring adherence to measures aimed at mitigating return dilution [13][14].

长华化学科技股份有限公司独立董事 关于《2025 年度以简易程序向特定对象发行股票方案论证分析报 告》的专项意见 公司编制的《2025 年度以简易程序向特定对象发行股票方案论证分析报告》 符合中国证券监督管理委员会、深圳证券交易所和《公司章程》的有关规定，综 合考虑了公司实际情况及目前所处行业现状、未来发展趋势及未来发展战略，充 分论证了本次发行证券及其品种选择的必要性，本次发行对象的选择范围、数量 和标准的适当性，本次发行定价的原则、依据、方法和程序的合理性，本次发行 方式的可行性，本次发行方案的公平性、合理性，本次发行对原股东权益或者即 期回报摊薄的影响以及填补的具体措施等事项符合公司实际情况、行业发展现状 及长远发展规划，符合公司全体股东的利益，不存在损害公司及股东特别是中小 股东利益的情形。 我们一致同意公司编制的《2025 年度以简易程序向特定对象发行股票方案 论证分析报告》。 （本页无正文，为《长华化学科技股份有限公司独立董事关于<2025 年度以简 易程序向特定对象发行股票方案论证分析报告>的专项意见》之签字页） 独立董事： 根据《中华人民共和国公司法》 陈殿胜 何海东 赵彬 《中华人民共和国证 ...

证券代码：301518 证券简称：长华化学 公告编号：2025-048 长华化学科技股份有限公司 关于最近五年公司不存在被证券监督管理部门和证券交易所 采取监管措施或处罚情况的公告 公司最近五年不存在被证券监管部门和证券交易所采取监管措施或处罚的情 况。 特此公告。 长华化学科技股份有限公司董事会 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。 长华化学科技股份有限公司（以下简称"公司"）于 2025 年 7 月 30 日召开 了第三届董事会第十七次会议及第三届监事会第十三次会议，审议通过了公司 近五年是否被证券监督管理部门和证券交易所采取监管措施或处罚的情况进行了 自查，自查结果如下： 自公司上市以来，公司严格按照《中华人民共和国公司法》《中华人民共和 国证券法》《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》及《公司章程》的相关规定和要求，不断完善公司治理结构，建立健 全内部控制制度，提高公司规范运作水平，积极保护投资者合法权益，促进公司 持续、稳定、健康发展。 ...

证券代码：301518 证券简称：长华化学 公告编号：2025-047 长华化学科技股份有限公司 关于聘任 2025 年度以简易程序向特定对象发行股票 专项审计机构的公告 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。 长华化学科技股份有限公司（以下简称"公司"）于 2025 年 7 月 30 日召 开第三届董事会第十七次会议，审议通过《关于聘任 2025 年度以简易程序向特 定对象发行股票专项审计机构的议案》，同意聘请立信中联会计师事务所（特 殊普通合伙）（以下简称"立信中联"）为公司 2025 年度以简易程序向特定对 象发行股票的专项审计机构。根据公司 2024 年年度股东会的决议，该事项在 股东会授权董事会办理小额快速融资相关事宜的范围内，无需提交公司股东会 审议。具体情况如下： 一、 拟聘会计师事务所的基本情况 （一）机构信息 (1) 机构名称：立信中联会计师事务所（特殊普通合伙） (2) 成立日期：2013 年 10 月 31 日（由立信中联闽都会计师事务所有限公 司转制设立） (3) 组织形式：特殊普通合伙会计师事务所 (4) 注册地址：天津自贸试 ...

Summary of Key Points Core Viewpoint The report outlines the usage of funds raised by Changhua Chemical Technology Co., Ltd. through its initial public offering, detailing the total amount raised, expenses incurred, and the allocation of funds to various projects, including a significant shift in investment focus towards a new project involving carbon dioxide polyether and high-performance polyols. Group 1: Fundraising and Allocation - The company raised a total of RMB 902,537,500.00 by issuing 35.05 million shares at RMB 25.75 each, with net proceeds after underwriting fees amounting to RMB 851,450,471.70 [1][2]. - After deducting various expenses, the actual usable funds were RMB 825,059,369.81, with a remaining balance of RMB 184,345,219.18 as of June 30, 2025 [1][2]. Group 2: Project Changes and Investments - In April 2024, the company decided to terminate the original fundraising project for the "Research and Development Center" and redirect the funds towards the "Carbon Dioxide Polyether and High-Performance Polyols Project (Phase I)" [2][3]. - The total investment for the new project is estimated at RMB 586,249.00 million, with Phase I expected to cost RMB 331,377.00 million [4]. Group 3: Financial Management and Efficiency - The company has implemented cash management strategies for temporarily idle funds, allowing for investment in low-risk financial products, with a maximum of RMB 50,000 million allocated for such purposes [6]. - The report indicates that the company has pre-invested RMB 121,347,500.00 of its own funds into projects before the public offering funds were available, which will be replaced by the raised funds [6]. Group 4: Economic Benefits and Performance - The report highlights that the "Carbon Dioxide Polyether and High-Performance Polyols Project" is expected to enhance the company's research capabilities and market competitiveness, although the R&D center itself does not directly generate economic benefits [7][8]. - The company anticipates that the new project will improve production efficiency and expand market share, contributing positively to overall profitability [8].