使用部分闲置募集资金进行现金管理的核查意见 招商证券股份有限公司 关于珠海冠宇电池股份有限公司 （二）现金管理额度及期限 招商证券股份有限公司（以下简称"主承销商"或"保荐机构"）作为珠海 冠宇电池股份有限公司（以下简称"珠海冠宇"或"公司"）首次公开发行股票 并在科创板上市和向不特定对象发行可转换公司债券的保荐机构，根据《上市公 司募集资金监管规则》《上海证券交易所科创板上市公司自律监管指引第 1 号— —规范运作》等相关法律法规及规范性文件，对珠海冠宇本次使用部分闲置募集 资金进行现金管理事项进行了审慎核查，核查情况及核查意见如下： 根据公司当前的募集资金使用状况、募集资金投资项目建设进度并考虑保持 充足的流动性，公司拟使用不超过人民币 4 亿元（单日最高余额，含本数）暂时 闲置募集资金进行现金管理，该额度自公司董事会审议通过之日起 12 个月内可 循环滚动使用。 （三）资金来源 本次现金管理的资金来源系公司部分暂时闲置的募集资金。 截至 2025 年 9 月 30 日，公司 2021 年首次公开发行股票募集资金使用情况 如下： | 发行名称 | 2021 | 年首次公开发行股票 | | | | | -- ...

| 证券代码：688772 | 证券简称：珠海冠宇 公告编号：2025-089 | | --- | --- | | 转债代码：118024 | 转债简称：冠宇转债 | （一）现金管理目的 为了提高募集资金使用效率，珠海冠宇电池股份有限公司（以下简称"公 司"）在确保不影响募集资金投资项目建设、不改变募集资金使用用途、不影响 公司正常运营及确保资金安全并有效控制风险的前提下，利用公司暂时闲置募集 资金进行现金管理，以更好地实现公司募集资金的保值增值，增加公司收益，维 护公司全体股东的利益。 珠海冠宇电池股份有限公司 关于使用部分闲置募集资金进行现金管理的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 现金管理产品种类：安全性高、流动性好、满足保本要求的低风险产品， 包括但不限于定期存款、通知存款、大额存单、结构性存款、证券公司保本型收 益凭证及国债逆回购等。 现金管理额度及期限：不超过人民币 4 亿元（单日最高余额，含本数）， 该额度自公司董事会审议通过之日起 12 个月内可循环滚动使用。 已履行的审议程序 ...

Market Performance - The three major A-share indices rose, with the Shanghai Composite Index increasing by 0.71%, reaching a new high in over a decade, while the Shenzhen Component Index rose by 2.02% and the ChiNext Index by 3.57% [1] - The total market turnover was 1.9916 trillion yuan, an increase of 330.9 billion yuan compared to the previous trading day, with over 3,000 stocks rising [1] - For the week, the Shanghai Composite Index increased by 2.88%, the Shenzhen Component Index by 4.73%, and the ChiNext Index by 8.05% [1] Sector Highlights - The storage chip, components, semiconductor, and CPO (Co-Packaged Optics) sectors saw significant gains, with companies like Kexiang Co., Shengyi Technology, and Purun Co. hitting the 20% daily limit [3] - The humanoid robot sector was notably active, with leading stock Jinfu Technology experiencing a sharp rise to the 20% limit after initially declining [3] Company Developments - Jinfu Technology announced on the Shenzhen Stock Exchange's interactive platform that its subsidiary received an order for a humanoid robot manufacturing line from a well-known domestic robot manufacturer, marking a significant step in the company's robotics business [5] - The company also signed a cooperation agreement with Shanghai University General Intelligent Robot Research Institute and Shanghai Hansi Information Technology Co., focusing on industry application solutions for intelligent robots [5] - Jinfu Technology's semi-annual report indicated a strong foundation in consumer electronic components, LCD display modules, and high-end electronic testing equipment [5] Industry Trends - The humanoid robot sector is experiencing rapid developments, with the launch of the Bumi robot priced at 9,998 yuan aimed at the consumer market, achieving over 300 pre-orders within hours [8][9] - Recent financing activities in the robotics sector have surged, with 610 new financing events recorded in the first three quarters of 2023, doubling from the previous year, and total financing reaching approximately 50 billion yuan [10] - The report from CITIC Securities highlights a flourishing domestic robot industry with various solutions emerging in components like dexterous hands and sensors, indicating a positive outlook for the sector [10] Other Sector Movements - The controllable nuclear fusion sector saw a strong performance, with China Nuclear Engineering hitting the daily limit and closing up 7%, surpassing a market capitalization of 40 billion yuan [11][12] - CITIC Securities' report suggests a long-term growth trend for the controllable nuclear fusion industry, supported by increasing policy clarity and enhanced financing [12]

Market Overview - The battery sector increased by 2.45% compared to the previous trading day, with Jinfu Technology leading the gains [1] - The Shanghai Composite Index closed at 3950.31, up 0.71%, while the Shenzhen Component Index closed at 13289.18, up 2.02% [1] Top Gainers in the Battery Sector - Jinfu Technology (300128) closed at 7.36, up 20.07% with a trading volume of 1.7793 million shares and a transaction value of 1.251 billion [1] - Penghui Energy (300438) closed at 38.39, up 12.19% with a trading volume of 675,000 shares and a transaction value of 2.528 billion [1] - Zhuhai Guanyu (688772) closed at 27.59, up 10.23% with a trading volume of 565,200 shares and a transaction value of 1.492 billion [1] - Other notable gainers include Jia Yuan Technology (688388) up 8.30%, Zhongke Electric (300035) up 8.11%, and Tongguan Copper Foil (301217) up 6.96% [1] Market Capital Flow - The battery sector saw a net inflow of 2.082 billion from institutional investors, while retail investors experienced a net outflow of 1.929 billion [2][3] - The main stocks with significant net inflows include Yiyuan Lithium Energy (300014) with 317 million and Jinfu Technology (300128) with 264 million [3] Notable Decliners - Huazi Technology (300490) closed at 11.00, down 3.68% with a trading volume of 450,500 shares and a transaction value of 500 million [2] - Haike Sina (301292) closed at 26.00, down 3.63% with a trading volume of 175,000 shares and a transaction value of 459 million [2] - Other decliners include Tianli Lithium Energy (301152) down 2.93% and Binhai Energy (000695) down 2.85% [2]

Core Insights - The Shanghai Stock Exchange Sci-Tech Innovation Board 100 Index (000698) has shown strong performance, with significant increases in constituent stocks such as Huahong Semiconductor (688347) up 15.16%, Zhongjuxin (688549) up 11.18%, and Zhuhai Guanyu (688772) up 9.27% [1] - The Ministry of Science and Technology has emphasized accelerating innovation in artificial intelligence and digital technologies, implementing the "AI+" initiative to empower various industries [1] - Guotai Junan Securities highlighted a strategic deployment for the 14th Five-Year Plan period, indicating a shift from "catching up" to "leading" in technology goals, with a focus on advanced manufacturing and quality services [1] Company and Industry Summary - The Sci-Tech Innovation Board 100 Index is composed of 100 medium-sized and liquid securities selected from the Sci-Tech Innovation Board, reflecting the overall performance of different market capitalization companies [2] - As of September 30, 2025, the top ten weighted stocks in the Sci-Tech Innovation Board 100 Index accounted for 24.32% of the index, including Huahong Semiconductor (688347), BeiGene (688235), and Dongxin Technology (688110) [2] - The Sci-Tech 100 ETF (588220) closely tracks the performance of the Sci-Tech Innovation Board 100 Index, along with other ETFs such as the Sci-Tech 50 ETF (588040) and the Sci-Tech 200 ETF (588240) [2]

Core Insights - Zhuhai's industrial clusters are accelerating due to a new wave of industrial transformation, with industrial added value increasing by 4.2% year-on-year from January to August this year [1] - The "4+3" industries in Zhuhai saw an increase in added value of 5.8% year-on-year, with significant growth in integrated circuits (19.5%), high-end equipment manufacturing (18.1%), new energy (16.7%), and new generation information technology (11.1%) [1] Group 1: Agile Power Supply Mechanism - The Southern Power Grid's Zhuhai Power Supply Bureau has pioneered an "Agile Service Mechanism" to enhance power supply efficiency, breaking traditional supply models [2][3] - This mechanism allows for preemptive and customized power supply services, crucial for industries with high electricity demands, such as the PCB sector [2][3] - The mechanism has led to an average reduction of 16 days in electricity connection time for key projects in the electronics and circuit sectors [3] Group 2: Flexibility in Power Supply - A "Batch Operation" model has been introduced to accommodate rapid capacity expansion, allowing projects to receive power in phases based on energy needs [4] - This model includes intelligent alerts that trigger subsequent phases of power supply automatically when predefined load thresholds are reached, facilitating seamless electricity access for high-growth industries [4] Group 3: Impact on New Energy Sector - The Agile Service Mechanism has also driven the acceleration of new energy projects, exemplified by the Zhuhai Guanyu Battery Co., which achieved a new power demand of 28,000 kVA ahead of schedule [5] - The proactive approach of the Zhuhai Power Supply Bureau enabled the company to start operations 13 days earlier than expected, enhancing its market competitiveness [5] Group 4: Customized Services for Industry - The Zhuhai Power Supply Bureau has established dedicated service records for 255 companies in the electronics and circuit industry, providing tailored support [6] - Specialized services include power quality diagnostics and comprehensive energy service recommendations, aimed at reducing costs and promoting green transformation [6] - The bureau's innovative practices reflect a shift from being a basic infrastructure provider to an enabler of industrial ecosystems, enhancing overall industrial competitiveness [6]

Core Insights - Zhuhai's industrial clusters are accelerating due to a new wave of industrial transformation, with significant growth in various sectors, particularly integrated circuits and high-end equipment manufacturing [1][5] - The "Agile Service Mechanism" introduced by the Zhuhai Power Supply Bureau is a pioneering approach in Guangdong, aimed at enhancing electricity supply efficiency and integrating deeply into the industrial ecosystem [2][6] Industrial Growth - From January to August this year, the industrial added value in Zhuhai increased by 4.2% year-on-year, with the city's industrial electricity consumption growth rate ranking first in the Pearl River Delta [1] - The "4+3" industries in Zhuhai saw an added value growth of 5.8%, with specific sectors like integrated circuits, high-end equipment manufacturing, new energy, and new-generation information technology growing by 19.5%, 18.1%, 16.7%, and 11.1% respectively [1] Agile Service Mechanism - The Agile Service Mechanism allows for customized, preemptive, and intelligent electricity services, breaking traditional supply models and addressing the rapid electricity demand from high-end projects [2][3] - This mechanism involves early engagement with project stakeholders during the investment phase, ensuring that power supply infrastructure aligns with project timelines, thus avoiding redundant construction [3][6] Challenges and Solutions - The production of PCB, a core component in the electronics industry, requires stable and continuous electricity supply, leading to explosive growth in electricity demand as new projects commence [2][4] - The Zhuhai Power Supply Bureau has implemented a "parallel attack" strategy to expedite electricity supply for projects, significantly reducing the time required for electricity connection [2][3] Customized Services - The Zhuhai Power Supply Bureau has established dedicated service records for 255 enterprises in the electronics and circuit industry, providing tailored electricity diagnostics and energy-saving recommendations [6] - The integration of AI and proactive government engagement has enhanced the efficiency of electricity services, directly impacting production capacity and competitiveness in the industry [6] Market Impact - The successful implementation of the Agile Service Mechanism has allowed companies like Zhuhai Guanyu Battery Co., Ltd. to achieve significant time savings in electricity connection, thus gaining a competitive edge in the market [5][6] - The innovative practices of the Zhuhai Power Supply Bureau exemplify a shift from being mere infrastructure providers to becoming enablers of industrial ecosystems, fostering new productive forces [6]

Core Insights - The solid-state battery industry is set to hold its annual conference and award ceremony on November 8, 2025, in Guangzhou, focusing on new technologies and ecosystem development [2] - The event will feature over 1000 participants and includes concurrent exhibitions and forums related to sodium batteries [2][4] Group 1: Event Details - The event is organized by Qidian Solid-State Battery, Qidian Lithium Battery, and SSBA Solid-State Battery Alliance [2] - The main theme of the event is "Focusing on New Technologies, Building a New Ecosystem" [2] - The event will take place at the Guangzhou Nansha International Convention and Exhibition Center [2] Group 2: Participating Companies - Notable companies participating include CATL, BYD, and Ru Tian Technology, among others [2] - The first batch of speakers, sponsors, and exhibitors has been announced, showcasing a diverse range of industry players [2] Group 3: Industry Developments - Zhuhai Guanyu has disclosed advancements in silicon anode batteries, achieving a 25% high-silicon anode battery with a volumetric energy density of 900Wh/L, leading the industry [3] - The company aims to steadily increase the silicon content in its anode materials while ensuring product performance stability [3] - Realme and Zhuhai Guanyu have developed the world's first 100% silicon-carbon anode battery, which is applied in a concept smartphone with a 15000mAh battery [3]

Core Insights - The "2025 International Low Altitude Economic Trade Expo (Guangzhou) / 8th Global Unmanned Systems Conference (GUSC2025)" is scheduled to take place from December 12 to 14, 2025, in Guangzhou, focusing on the theme "Innovate Low Altitude, Service Trade Globally" [1][2] Group 1: Event Overview - The expo will utilize a variety of formats including dynamic and static displays, exhibitions and conferences, as well as indoor and outdoor settings, covering six major topics: meetings, exhibitions, performances, introductions, investments, and trade [1] - The event aims to leverage Guangzhou's position as an international transportation hub and trade gateway, focusing on five core areas: domestic and international low altitude economic policies, industry development trends, core technology innovations, standard alignment, and practical applications [1] Group 2: Highlights and Participation - The expo will feature a 60,000 square meter exhibition area, with 80% of the exhibition space already secured, and is expected to attract over 600 industry chain enterprises and more than 50,000 domestic and international attendees from over 50 countries and regions [3] - Key highlights include over 20 professional forums and seminars, the awarding of the "Golden Wing Award" to set industry benchmarks, and the introduction of an innovative trade service model termed "1+5+N" [2][3] - Notable participating companies include EHang, Xpeng, DJI, and many other leading firms in the low altitude economy sector [3]

Core Viewpoint - The Central Financial Work Conference emphasizes the cultivation of first-class investment banks and institutions, providing a vision for the high-quality development of securities companies, with a focus on quality and technological finance as a leading force for transformation [1] Group 1: Modern Investment Banking Transformation - The difference in investment banking capabilities lies in organizational and business models, transitioning from a "hunting model" to a "farming model" that emphasizes platform management and professional integration [2] - Since 2018, the company has initiated a transformation towards modern investment banking in response to the registration system reform, restructuring its organization, processes, and culture to enhance service quality [2][3] - The company has implemented a "three investments linkage" model, integrating investment banking, investment, and research departments to proactively acquire clients and provide comprehensive financial services [3] Group 2: Technological Empowerment and Standardization - The company is enhancing its investment banking operations through a standardized project management system and intelligent platforms, improving efficiency and quality in project execution [4][9] - A comprehensive digital support platform has been developed to facilitate all aspects of investment banking, utilizing big data and AI to enhance management capabilities and operational efficiency [9][10] - The company has established a performance evaluation system that links results to accountability, ensuring compliance and quality in investment banking practices [8] Group 3: Focus on Technology Finance and Industry Services - The company is committed to developing technology finance, green finance, and inclusive finance, aligning with national strategies to provide quality financial services [11][12] - The "Leap Plan" has been launched to support early-stage technology companies, with over 600 enterprises engaged and investments exceeding 2.6 billion [12] - The company has focused on three key technology sectors: digital technology, life sciences, and green technology, facilitating significant financing for technology enterprises [13][14] Group 4: Quality Control and Risk Management - The company emphasizes quality as the lifeline of investment banking, establishing a robust internal control system to manage risks and ensure compliance [6][7] - A three-line defense mechanism has been implemented to uphold ethical standards, professional norms, and quality control in all investment banking activities [6][7] - The company maintains strict project management and risk assessment protocols to ensure high-quality service delivery and compliance with regulatory standards [8]