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： 本次会议是否有否决议案：无 证券代码：603049 证券简称：中策橡胶 公告编号：2025-024 中策橡胶集团股份有限公司 2025年第二次临时股东会决议公告 (三)出席会议的普通股股东和恢复表决权的优先股股东及其持有股份情况： 一、 会议召开和出席情况 | 1、出席会议的股东和代理人人数 | 1,038 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 790,088,096 | | 3、出席会议的股东所持有表决权股份数占公司有表决权股 | 90.3488 | | 份总数的比例（%） | | (四)表决方式是否符合《公司法》及《公司章程》的规定，大会主持情况等。 会议采取现场投票与网络投票相结合的方式进行表决，由董事长沈金荣先生主持 本次股东会。会议召开及表决方式符合《公司法》和《公司章程》的规定。 (五)公司董事、监事和董事会秘书的出席情况 二、 议案审议情况 (一)非累积投票议案 (一)股东大会召开的时间：2025 年 ...

Report Investment Rating - Not provided in the content Core Viewpoints - In July 2025, the price of natural rubber rebounded, and the shipping index declined. The production of semi-steel tires remained stable, and the operation rate of all-steel tires increased. The import demand from Europe and the United States was advanced due to tariffs and anti-dumping measures. Long-term globalization and proximity to major consumer markets in Europe and the United States are effective ways for tire companies to avoid trade barriers. Chinese leading tire companies are expected to compete in international markets with cost control and brand influence [58]. Summary by Section Cost End - In July 2025, the average price of butadiene was 9,116.30 yuan/ton, a month-on-month decrease of 1.14% and a year-on-year decrease of 29.87%. The average price of natural rubber was 1,770.65 US dollars/ton, a month-on-month increase of 3.96% and a year-on-year increase of 4.46%. The average price of styrene-butadiene rubber was 11,964.13 yuan/ton, a month-on-month increase of 0.77% and a year-on-year decrease of 21.65%. The average price of carbon black was 6,267.74 yuan/ton, a month-on-month decrease of 2.30% and a year-on-year decrease of 20.25%. The average price of nylon cord fabric was 17,971.40 yuan/ton, a month-on-month decrease of 2.33% and a year-on-year decrease of 19.31% [4][5]. - In June 2025, the natural rubber production of ANRPC member countries was 883,700 tons, a month-on-month increase of 5.37% and a year-on-year decrease of 5.94%. China's natural rubber production was 103,200 tons, a month-on-month increase of 7.05% and a year-on-year decrease of 2.37%. China's natural rubber consumption was 619,500 tons, a month-on-month increase of 0.45% and a year-on-year increase of 3.80%. China's import volume of natural rubber was 436,300 tons, a month-on-month decrease of 1.24% and a year-on-year increase of 29.43% [15]. - In July 2025, the average value of the Baltic Freight Index (FBX) was 2,531.25 points, a month-on-month decrease of 25.46% and a year-on-year decrease of 50.19%. The CCFI (East Coast of the United States route) index was 1,247.30, a year-on-year decrease of 30.43% and a month-on-month decrease of 7.31%. The CCFI (West Coast of the United States route) index was 983.60, a year-on-year decrease of 40.68% and a month-on-month decrease of 14.44% [19]. Production End - In June 2025, China's output of rubber tire casings was 102.749 million pieces, a year-on-year increase of 10.01%. In the first half of 2025, the cumulative output of rubber tire casings in China was 590.694 million pieces, a year-on-year increase of 12.21%. In July 2025, the output of all-steel tires was 12.75 million pieces, a month-on-month increase of 1.03% and a year-on-year increase of 7.78%. The output of semi-steel tires was 56.97 million pieces, a month-on-month increase of 3.15% and a year-on-year increase of 0.04% [24]. - In July 2025, the average monthly operation rate of Chinese semi-steel tires was 73.80%, a month-on-month decrease of 3.25 percentage points and a year-on-year decrease of 5.41 percentage points. The average monthly operation rate of all-steel tires was 64.61%, a month-on-month increase of 0.65 percentage points and a year-on-year increase of 7.58 percentage points [30]. Demand End - From January to June 2025, China's cumulative export of new pneumatic rubber tires was 349 million pieces, a cumulative year-on-year increase of 5.40%. In June 2025, China exported 29.3664 million passenger car tires and 10.8498 million truck and bus tires. In the first half of 2025, China's cumulative export volume of truck and bus tires was 2.3347 million tons, a cumulative year-on-year increase of 5.34%, which supported the production and sales of tire companies [34]. - In the original equipment market as of the end of June, the demand for semi-steel tires was generally stable, with a sharp decline in Europe and the United States, while the Chinese market remained positive due to automobile subsidy policies. In the all-steel tire market, the North American market continued to deteriorate, and the European market confirmed growth in the second quarter. In the replacement market, affected by tariff expectations, sales and imports in Europe and the United States increased, and overall demand rose. The Chinese market remained stable [38]. - In June 2025, China's gasoline consumption was 11.7357 million tons, a year-on-year decrease of 8.08%. Diesel consumption was 16.0427 million tons, a year-on-year increase of 1.92%. In June 2025, China's heavy truck market sold about 97,900 vehicles, a month-on-month increase of 10.25% and a year-on-year increase of 37.14% [41]. - In July 2025, China's logistics industry prosperity index was 50.5%, a month-on-month decrease of 0.3 percentage points. The road freight rate index was 105 points, a month-on-month decrease of 0.06% and a year-on-year increase of 1.89%. The road transport market is expected to maintain a stable operation in the second half of the year, with the freight rate index possibly experiencing a slight oscillatory correction [46]. - According to EIA statistics, in July 2025, the average daily consumption of motor vehicle refined oil in the United States was 8,941.75 thousand barrels, a month-on-month decrease of 2.80% and a year-on-year decrease of 3.04%. The average daily consumption of diesel was 3,509.75 thousand barrels, a month-on-month decrease of 6.15% and a year-on-year decrease of 4.09% [47]. - In June 2025, the number of registered passenger cars in Europe was 1.2437 million, a month-on-month increase of 11.72% and a year-on-year decrease of 5.13%. In the first half of 2025, the cumulative number was 6.8155 million, a year-on-year decrease of 0.92%. In the second quarter of 2025, the sales volume of the European replacement tire market decreased by 3.5% year-on-year to 57.044 million pieces. Among them, the sales volume of passenger car tires decreased by 4% year-on-year to 51.609 million pieces, and the shipment volume of truck and bus tires decreased by 5% year-on-year to 2.452 million pieces [55]. Industry News - Michelin's operating profit in the first half of the year decreased by 18%. General Shares' net profit attributable to the parent company in the first half of the year decreased significantly. In July, China's automobile production and sales increased significantly year-on-year. From January to June 2025, the import volume of rubber tires in the United States increased by 6.8% year-on-year. Sailun Tire acquired 100% of the equity of Bridgestone Shenyang Factory. Zhongce Rubber changed the use of some raised funds [56][57]. Monthly Summary and Outlook - In July 2025, the price of natural rubber increased, and there is an expectation of further increase. The shipping cost decreased month-on-month and may continue to fall after the impact of tariffs and geopolitics cools down. The production of semi-steel tires remained stable, with some inventory pressure, while all-steel tires had a good inventory situation. Domestically, logistics demand was stable, and automobile production and sales decreased month-on-month, expected to remain stable overall. Overseas, the replacement market in Europe and the United States was better than the original equipment market, but export demand may be under pressure due to international trade frictions [59].

Group 1 - The core point of the news is the issuance of new stocks in the market, highlighting the total fundraising amount and the distribution of new stock issuances across different sectors and regions [1][2][4] - A total of 61 companies have launched initial public offerings (IPOs) this year, raising a cumulative amount of 602.19 billion yuan, with an average fundraising of 9.87 billion yuan per company [1] - The highest fundraising company this year is Huadian New Energy, which raised 158.01 billion yuan primarily for wind and solar power projects [2] Group 2 - The average initial offering price of new stocks this year is 22.22 yuan, with four companies having an offering price above 50 yuan, the highest being Tian You Wei at 93.50 yuan [2] - The majority of new stock issuances are concentrated in Jiangsu, Guangdong, and Zhejiang provinces, with fundraising amounts led by Fujian, Zhejiang, and Guangdong [2] - The recent issuance by Nengzhiguang involved 14.78 million shares at an offering price of 7.21 yuan, raising 1.07 million yuan [4]

Group 1 - N Guangjianke was listed today with an opening price of 32.66 yuan, representing an increase of 397.87% [2] - The company primarily operates in the construction engineering sector, providing inspection and testing technology services [2] - The total number of shares issued was 105 million, with an online issuance of 29.30 million shares at a price of 6.56 yuan per share, resulting in a price-to-earnings ratio of 26.48, compared to the industry average of 36.57 [2] Group 2 - The company raised 687 million yuan through its initial public offering, with funds allocated mainly for the construction of an innovation technology research institute headquarters and the establishment of a testing and marketing service network [2] - The effective subscription number for the online issuance was 12.32 million, with a final winning rate of 0.0235656875% [2] - Recent IPO performances show significant first-day price increases across various sectors, with N Guangjianke leading at 397.87% [2][3]

Group 1 - The core point of the news is the issuance of new stocks in the market, with a total of 60 companies having raised a cumulative amount of 601.12 billion yuan this year, averaging 10.02 billion yuan per company [1][2] - Hongyuan Co., Ltd. issued 30.68 million shares at a price of 9.17 yuan, raising 281 million yuan [1][4] - The distribution of new stock issuances shows that the Shanghai main board had 14 new stocks raising 31.05 billion yuan, while the Shenzhen main board had 8 new stocks raising 4.38 billion yuan [1][2] Group 2 - Huadian New Energy is the company with the highest fundraising this year, raising 15.80 billion yuan primarily for wind and solar power projects [2] - The average initial issuance price of new stocks this year is 22.47 yuan, with four companies having an issuance price above 50 yuan [2] - The geographical distribution indicates that new stock issuances are concentrated in Jiangsu, Guangdong, and Zhejiang, with fundraising amounts led by Fujian, Zhejiang, and Guangdong [2]

Core Viewpoint - The company is holding its second extraordinary general meeting in 2025 to discuss the change in the use of part of the raised funds and to conduct other business matters related to its operational strategy and risk management. Group 1: Meeting Procedures and Rights - The company has established guidelines for the meeting to ensure the rights of shareholders are protected and that the meeting proceeds in an orderly manner [1][2][3] - Shareholders and their representatives must register and present necessary identification documents to participate in the voting process [1][2] - The meeting will allow shareholders to express their opinions and ask questions, but they must adhere to the agenda and time limits [2][3] Group 2: Fundraising and Investment Projects - The company plans to change the use of unutilized funds from its Thai investment project to support a new investment project aimed at enhancing production capacity [4][5][6] - The total amount of funds raised from the initial public offering was approximately RMB 3.93 billion, with a net amount after expenses of RMB 3.93 billion [5] - The new investment project is focused on the production of high-performance radial tires and is expected to significantly enhance the company's production capabilities [12][13] Group 3: Financial Details and Project Feasibility - The new investment project has a total investment of RMB 236.51 million, with RMB 67.15 million allocated from the raised funds, representing 17.07% of the net amount raised [8][14] - The project is expected to generate annual sales revenue of approximately RMB 1.162 billion and has an internal rate of return of 10.4% [14] - The company has a strong market position, with increasing demand for its products, particularly in the context of the growing electric vehicle market [16][17] Group 4: Risk Management and Future Outlook - The company aims to mitigate risks associated with raw material price fluctuations by engaging in futures hedging activities, with a maximum limit of RMB 600 million for such transactions [23][24] - The company also plans to conduct foreign exchange derivatives transactions to hedge against currency risks, with a maximum limit of USD 80 million [27][28] - The overall strategy is designed to enhance the company's financial stability and operational efficiency in a competitive market environment [30]

专题：专题|2024年度A股CFO数据报告：美的集团钟铮年薪946万，比亚迪周亚琳896万 责任编辑：公司观察 作为上市公司核心管理层关键成员，财务总监CFO的地位与作用至关重要。新浪财经《2024年度A股CFO数据报告》显示，2024年A股上市公司财务总监 CFO群体薪酬规模合计达42.70亿元，平均年薪为81.48万元。 分行业来看，A股和新三板汽车零部件行业（申万二级）进入统计的上市公司共208家，CFO薪酬合计金额1.55亿元，平均年薪约74.66万元。 行业内，中策橡胶2024年归母净利润同比增长43.6%，公司CFO徐利达小幅涨薪至155万元上榜，超同行平均薪酬一倍以上，其大专学历明显低于同行。 | | | | 2024年/ 1年会日付出了了了了了了了了了到的时 | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | | 简称 | 行业(申万二级) | CFO | 薪酬(万) | 薪酬变化 | 归母净利(亿) | 增速 | 学历 | | 均胜电子 | 汽车零部件 | 李俊或 | 516.95 | 3.0% | 9.60 | -11.3 ...

中策橡胶集团股份有限公司 2025 年第二次临时股东会会议资料 证券代码：603049 证券简称：中策橡胶 中策橡胶集团股份有限公司 2025 年第二次临时股东会 会议资料 2025 年 8 月 | | | 中策橡胶集团股份有限公司 2025 年第二次临时股东会会议资料 中策橡胶集团股份有限公司 2025 年第二次临时股东会会议须知 1 中策橡胶集团股份有限公司 2025 年第二次临时股东会会议资料 为维护广大投资者的合法权益，保障股东在本次股东会期间依法行使权利， 根据《公司法》、中国证监会《上市公司股东会规则》和公司《股东会议事规则》 等有关规定，特制定本会议须知： 一、公司负责本次股东会的议程安排和会务工作,为确认出席股东会的股东 或其代理人或其他出席者的出席资格，会议工作人员将对出席会议者的身份进行 必要的核对工作，请被核对者给予配合。 二、出席会议的股东及股东代理人须在会议召开前半小时到会议现场办理签 到手续，并按规定出示证券账户卡、身份证明文件或营业执照/注册证书复印件 （加盖公章）、授权委托书等，上述登记材料均需提供复印件一份，个人登记材 料复印件须个人签字，法定代表人证明文件复印件须加盖公司公 ...

Core Viewpoint - The article highlights the positive sentiment from the recent meeting of the Political Bureau of the Central Committee, indicating a more optimistic outlook on the economic situation and the stability of the capital market [1]. Market Performance - The three major stock indices experienced slight gains, with the CSI A500 index rising modestly. As of 14:00, the Southern CSI A500 ETF (159352) increased by 0.28%. Notable component stocks included Zijin Mining, which rose by 1.36%, and Midea Group, which increased by 0.39% [1]. Policy Insights - The meeting emphasized enhancing the attractiveness and inclusivity of the domestic capital market, aiming to consolidate the positive momentum in market recovery. The language used in this meeting was more optimistic compared to previous discussions, reflecting a strong confidence in future economic conditions [1]. Analyst Commentary - Analyst Lin Jiali from Guohai Securities noted that the meeting provided a backing for the stable development of the capital market at the national decision-making level. He stressed the importance of activating the wealth effect of the capital market, which could reduce residents' over-reliance on real estate as a wealth growth engine and stimulate a positive feedback loop of "wealth effect → consumption boost → economic recovery" [1].

杭实集团牵头与香港合作共建"一平台、两中心、一基金"，其中的香港成果转化中心位于杭实旗下 杭实科创中心。 翻看杭实集团上半年的"出海"成绩单，一组组"稳"与"进"的数据交相辉映，凸显着这家世界500强 企业结构更优、韧性更足、动力更强的"走出去"势头—— 今年上半年，热联集团实现国际贸易销售量2217万吨，同比增长35.8%；"杭实系"产品海外销售额 超9.6亿元；华丰集团新增横纹吸管包装纸间接出口51.7吨订单；金鱼集团家电洗护套装成功打入新加坡 市场，洗衣机出口6.28万台…… "当前，杭实集团积极推动系统企业拓展海外市场，在大宗商品贸易领域深度参与全球布局，通 过'借船出海''抱团出海''投资出海'，构建'平台+贸易+产品'的全球化布局'杭实模式'。"杭实集团党委书 记、董事长钮健表示。 从"产品走出去"到"产业链走出去" 持续加速海外扩张步伐 当前，杭州正全力推进高水平对外开放。杭实集团坚定扛起国企使命担当，聚力推动杭州打造大宗 商品产业服务创新中心，旗下的热联集团作为大宗行业"佼佼者"，也在创新浪潮中发挥关键的链接作 用。 此外，杭实集团还是我国最大的轮胎生产企业中策橡胶的第二大股东。杭实集团投资的 ...