国泰海通证券股份有限公司 关于 广东领益智造股份有限公司 发行可转换公司债券及支付现金购买资产 并募集配套资金报告书 之 独立财务顾问报告 独立财务顾问 中国（上海）自由贸易试验区商城路 618 号 二〇二五年七月 独立财务顾问声明与承诺 国泰海通证券股份有限公司接受广东领益智造股份有限公司的委托，担任本 次发行可转换公司债券及支付现金购买资产并募集配套资金之独立财务顾问，就 本次交易出具独立财务顾问报告。本独立财务顾问报告依据《中华人民共和国公 司法》《中华人民共和国证券法》《上市公司重大资产重组管理办法》《上市公 司并购重组财务顾问业务管理办法》《公开发行证券的公司信息披露内容与格式 准则第 26 号——上市公司重大资产重组》《上市公司监管指引第 9 号——上市 公司筹划和实施重大资产重组的监管要求》和《深圳证券交易所股票上市规则》 等相关法律法规的规定，按照行业公认的业务标准、道德规范，本着诚实信用和 勤勉尽责的原则，通过尽职调查和对重组方案等文件的审慎核查后出具，旨在对 本次交易作出独立、客观和公正的评价，以供广东领益智造股份有限公司全体股 东及有关方面参考。 一、本独立财务顾问作出如下声明 1、本独 ...

| 证券代码：002600 | 证券简称：领益智造 | 公告编号：2025-097 | | --- | --- | --- | | 债券代码：127107 | 债券简称：领益转债 | | 广东领益智造股份有限公司 | 重组报告书章节 | 修订内容 | | --- | --- | | 全文 | 按照 2025 年第二次临时股东大会审议通过的 | | | 《关于修订<公司章程>等制度的议案》做出 | | | 相应修订 | | 释义 | 新增《补充协议》及九域投资的释义 | | 重大事项提示 | 更新关于芜湖华安的股份锁定安排 | | 重大风险提示 | 无 | | 第一节 本次交易概况 | 更新本次交易已履行的决策和审批程序、关 于芜湖华安的股份锁定安排、常州优融和上 | | | 海迈环关于股份锁定期的承诺、常州超领关 | | | 于股份穿透锁定的承诺 | 1 / 2 | 重组报告书章节 | | 修订内容 | | --- | --- | --- | | 第二节 | 上市公司基本情况 | 无 | | 第三节 | 交易对方的基本情况 | | | | | 更新芜湖华安产权结构图以及新增本次交易 对方下属企业及穿透披露后相 ...

二、董事会会议审议情况 （一） 审议通过《关于公司与相关方签订附条件生效的<发行可转换公司债 券及支付现金购买资产协议补充协议>的议案》 | 证券代码：002600 | 证券简称：领益智造 | 公告编号：2025-096 | | --- | --- | --- | | 债券代码：127107 | 债券简称：领益转债 | | 广东领益智造股份有限公司 第六届董事会第十五次会议决议公告 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。 一、董事会会议召开情况 广东领益智造股份有限公司（以下简称"公司"）第六届董事会第十五次会议 于 2025 年 7 月 21 日以现场结合通讯表决的方式召开，会议由公司董事长曾芳勤 女士召集并主持，会议应出席董事 7 名，实际出席董事 7 名。会议通知于 2025 年 7 月 18 日以电子邮件方式发出，会议召集、召开程序符合《公司法》及《公 司章程》的规定。 表决结果：7 票同意，0 票反对，0 票弃权，审议通过。 （三）审议通过《关于修订<市值管理制度>的议案》 鉴于公司于近期被调入沪深 300 指数成分股（样本股），结合相关法律 ...

Group 1 - The AI PC concept sector experienced a decline of 1.27%, ranking among the top losers in the market, with notable declines from companies such as Jingwang Electronics, Demingli, and Bomin Electronics [1][2] - Among the AI PC concept stocks, five companies saw price increases, with Haopeng Technology leading at a rise of 10.00%, followed by Siquan New Materials at 4.91% and Feirongda at 0.73% [1][2] - The AI PC concept sector faced a net outflow of 1.958 billion yuan in capital, with 30 stocks experiencing net outflows, and five stocks seeing outflows exceeding 100 million yuan, led by Shenghong Technology with a net outflow of 604 million yuan [2][3] Group 2 - The top gainers in the market included the Yaxia Hydropower concept with a rise of 11.77%, while the MLOps concept saw a decline of 1.80% [2] - The capital inflow leaders among AI PC concept stocks were Tongfu Microelectronics, Haopeng Technology, and Siquan New Materials, with net inflows of 43.67 million yuan, 40.42 million yuan, and 36.73 million yuan respectively [2][3] - The AI PC concept sector's outflow list included Shenghong Technology, Lingyi Technology, and Ruantong Power, with respective net outflows of 603.89 million yuan, 190.72 million yuan, and 124.92 million yuan [2][3]

AI基金新华红利回报混合（003025）披露2025年二季报，第二季度基金利润135.46万元，加权平均基金份额本期利润0.0097元。报告期内，基金净值增长率 为1.01%，截至二季度末，基金规模为1.41亿元。 该基金属于股债平衡型基金。截至7月21日，单位净值为1.066元。基金经理是姚海明，目前管理5只基金近一年均为正收益。其中，截至7月18日，新华安享 多裕定期开放灵活配置混合近一年复权单位净值增长率最高，达29.16%；新华安享惠金定期债券A最低，为1.26%。 基金管理人在二季报中表示，本组合主要采取稳健进取的大类资产配置策略，通过动态比价调整股票、转债和纯债的资产配置比例，在控制回撤风险的基础 上积极挖掘收益。二季度债券投资以利率债为主要持仓，信用债方面以获取票息收益为主，回避有潜在信用风险的个券，保持组合较高流动性，期间由于债 券收益率已经处于历史低位水平，进一步下行空间有限，因此对债券仓位和久期均有下调。 截至7月21日，新华红利回报混合近三个月复权单位净值增长率为7.01%，位于同类可比基金4/25；近半年复权单位净值增长率为6.51%，位于同类可比基金 8/25；近一年复权单位净值增长 ...

Group 1 - The core viewpoint of the news is the strategic cooperation agreement signed between Leju Robotics and Dongfang Precision, aimed at large-scale manufacturing of humanoid robots and their application in various fields such as industry, commerce, research, and home [1][2]. - Dongfang Precision holds a 2.83% equity stake in Leju Robotics as of the announcement date, and its stock price has seen a significant increase, rising over 4% for three consecutive trading days [2]. - The cooperation will establish standardized production processes to enhance product delivery capabilities and will involve joint efforts in humanoid robot skill training and application exploration across multiple sectors [2][3]. Group 2 - For Dongfang Precision, this agreement represents a cross-industry move and an entry into the humanoid robotics sector, following previous strategic investments in robot and AI companies [3]. - Other A-share listed companies are also entering the robotics field, with notable activities including a significant stock surge for companies like Huanwei New Materials and the launch of humanoid robots by Lingyi Intelligent Manufacturing [3].

Group 1: Liquidity and Fund Performance - The liquidity of the rare earth ETF managed by Jiashi has a turnover rate of 6.85% with a transaction volume of 216 million yuan [3] - As of July 21, the Jiashi rare earth ETF has reached a scale of 3.145 billion yuan, marking a one-year high and ranking first among comparable funds [3] - In the past week, the Jiashi rare earth ETF has seen a significant increase in shares by 12 million, leading in new share growth among comparable funds [3] - The latest net inflow of funds into the Jiashi rare earth ETF is 78.4154 million yuan, with a total of 305 million yuan net inflow over four out of the last five trading days [3] - The Jiashi rare earth ETF has achieved a net value increase of 63.74% over the past year, ranking 131 out of 2929 in the index stock fund category, placing it in the top 4.47% [3] - Since its inception, the Jiashi rare earth ETF has recorded a highest monthly return of 41.25% and an average monthly return of 9.69% [3] Group 2: Market Trends and Price Movements - Since July, domestic rare earth product prices have shown signs of recovery, with the average market price of praseodymium and neodymium oxide reaching 477,000 yuan per ton, reflecting a week-on-week increase of 5.3% and a month-on-month increase of 8.2% [4] - The upcoming consumption peak season in September and October is expected to drive raw material procurement, leading to a positive outlook for rare earth prices [4] - Historical trends indicate that high overseas prices often lead to domestic price increases, potentially enhancing corporate profits and creating a dual opportunity for valuation and profit expansion in the sector [4] Group 3: Key Stocks in the Rare Earth Sector - The top ten weighted stocks in the rare earth industry index as of June 30, 2025, include Northern Rare Earth, China Rare Earth, and China Aluminum, collectively accounting for 55.58% of the index [4] - The performance of key stocks shows varied changes, with Northern Rare Earth down by 2.40% and Xiamen Aluminum up by 3.50% [6]

证券代码：002600 证券简称：领益智造 公告编号：2025-094 债券代码：127107 债券简称：领益转债 广东领益智造股份有限公司 关于"领益转债"回售结果的公告 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： 该笔回售申报业务失效。 一、本次可转换公司债券回售的公告情况 广东领益智造股份有限公司（以下简称"公司"）根据《深圳证券交易所股 票上市规则》《深圳证券交易所上市公司自律监管指引第15号——可转换公司债 券》等相关规定，分别于2025年7月9日、2025年7月12日、2025年7月16日在巨潮 资讯网（www.cninfo.com.cn）和公司指定信息披露报刊上披露了《关于领益转债 回售的公告》 （公告编号：2025-085）、 《关于领益转债回售的提示性公告》 （公告 编号：2025-087）、 《关于领益转债回售的第三次提示性公告》 三、本次可转换公司债券回售对公司的影响 本次回售不会对公司财务状况、经营成果、现金流量和股本结构等产生实质 影响，不会损害公司的债务履行能力和持续经营能力。 四、本次可转换公司债券回售的后续事项 ...

| 证券代码：002600 | 证券简称：领益智造 | 公告编号：2025-094 | | --- | --- | --- | | 债券代码：127107 | 债券简称：领益转债 | | 广东领益智造股份有限公司 关于"领益转债"回售结果的公告 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： 9、在回售资金发放日之前，如发生司法冻结或扣划等情形，债券持有人的 该笔回售申报业务失效。 一、本次可转换公司债券回售的公告情况 广东领益智造股份有限公司（以下简称"公司"）根据《深圳证券交易所股 票上市规则》《深圳证券交易所上市公司自律监管指引第15号——可转换公司债 券》等相关规定，分别于2025年7月9日、2025年7月12日、2025年7月16日在巨潮 资讯网（www.cninfo.com.cn）和公司指定信息披露报刊上披露了《关于领益转债 回售的公告》（公告编号：2025-085）、《关于领益转债回售的提示性公告》（公告 编号：2025-087）、《关于领益转债回售的第三次提示性公告》（公告编号：2025- 090），提示投资者可在回售申报期内选择将 ...

Investment Rating - The report maintains a "Recommended" investment rating for the semiconductor and semiconductor equipment industry [5] Core Insights - The approval of NVIDIA's H20 and AMD's MI308 chips for export to China is expected to significantly boost demand for AI chips in China, leading to positive performance expectations across the related industry chain [1][3] - TSMC has raised its revenue growth guidance for 2025 to a range of 30%, indicating strong demand in the semiconductor sector [3][31] - The overseas AI chip index rose by 4.3% this week, driven by the export approvals, while the domestic AI chip index increased by 1.7% [1][10] - The smartphone market saw a 1% year-on-year decline in Q2 2025, marking the first drop after six consecutive quarters of growth, with Samsung maintaining the largest market share at 19% [2][24] Market Indices Summary - The overseas AI chip index increased by 4.3% this week, with notable stock price increases for AMD (over 7%), NVIDIA, and TSMC (over 4%) [1][10] - The domestic A-share chip index rose by 1.7%, with significant gains from Cambrian (over 5%) and others [10] - The NVIDIA mapping index surged by 6.7%, reflecting increased demand expectations for AI chips [10][13] - The server ODM index grew by 2.2%, driven by the anticipated demand for servers due to the chip exports [10][15] - The domestic storage chip index fell by 0.4%, with mixed performance among various companies [10][19] - The power semiconductor index remained stable with a 1.0% increase [10][16] Industry Data Summary - In Q2 2025, global smartphone shipments decreased by 1%, with Samsung leading the market at 19% share, followed by Apple at 16% and Xiaomi at 15% [2][24] - The share of smartphones equipped with AMOLED displays rose to 63%, while LCD displays dropped to 37% [2][27] Major Events Summary - NVIDIA and AMD received U.S. government approval to sell H20 and MI308 chips in China, respectively [3][30] - Apple is set to launch a foldable iPhone using Samsung's OLED panels, with a projected price exceeding 15,000 RMB [3][30] - Several companies, including SiTew and TSMC, reported significant revenue growth forecasts for 2025 [3][31][32]