Core Viewpoint - The company has confirmed its ongoing relationship with Covestro as a supplier of raw materials and has acquired solar glass coating technology from Covestro for 2024 [1] Group 1 - The company has been in continuous technical communication with Covestro to explore optimized product solutions [1]

| 成交量 | 成交金额 | 成交价格 | 相对当日收盘折 | 买方营业部 | 卖方营业部 | | --- | --- | --- | --- | --- | --- | | （万股） | （万元） | （元） | 溢价（%） | | | | 4.76 | 229.43 | 48.20 | 7.52 | 银泰证券有限责任公司苏州 | 国融证券股份有限公 | | | | | | 华山路证券营业部 | 司大连分公司 | 麦加芯彩12月4日大宗交易平台出现一笔成交，成交量4.76万股，成交金额229.43万元，大宗交易成交价 为48.20元，相对今日收盘价溢价7.52%。该笔交易的买方营业部为银泰证券有限责任公司苏州华山路证 券营业部，卖方营业部为国融证券股份有限公司大连分公司。 据天眼查APP显示，麦加芯彩新材料科技(上海)股份有限公司成立于2002年05月23日，注册资本10800万 人民币。（数据宝） 12月4日麦加芯彩大宗交易一览 证券时报·数据宝统计显示，麦加芯彩今日收盘价为44.83元，下跌0.31%，日换手率为0.70%，成交额为 1171.67万元，全天主力资金净流出42.62万元，近5日该股累计上 ...

证券代码：603062 证券简称：麦加芯彩 公告编号：2025-101 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、准确性和完整性依法承担法律责任。 麦加芯彩新材料科技（上海）股份有限公司（以下简称"公司"）于 2025年10月22日召开第二届董事会第十八次会议，审议通过了《关于使用部分 闲置募集资金进行现金管理及以协定存款方式存放募集资金余额的议案》。公 司保荐机构已对此议案发表了同意意见。 在确保募集资金项目按计划实施的前提下，公司及子公司拟使用额度不 超过人民币6.8亿元（含本数）的闲置募集资金进行现金管理，采取长短期结 合的方式，购买符合《上市公司募集资金监管规则》第十一条规定的结构性存 款、大额存单等安全性高、流动性好的保本型产品。使用期限自公司本次董事 会审议通过之日起12个月内有效。在上述额度和期限内，资金可循环滚动使用。 产品期限不得长于内部决策授权使用期限，且不得长于12个月。 2025年11月，公司与浦发银行南通分行签署了对公结构性存款产品合同， 于近日赎回，收回本金5,300万元，获得收益6.81万元。 2025年11月，公司与浦 ...

证券代码：603062 证券简称：麦加芯彩 公告编号：2025-100 麦加芯彩新材料科技（上海）股份有限公司 关于 2025 年限制性股票激励计划首次授予部分限制性股票 授予登记完成的公告 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。 重要内容提示： 首次授予部分限制性股票登记日：2025 年 11 月 26 日 首次授予部分限制性股票登记数量：81.33 万股 根据中国证券监督管理委员会《上市公司股权激励管理办法》、上海证券交 易所、中国证券登记结算有限责任公司上海分公司（以下简称"中登公司上海分 公司"）有关规定，麦加芯彩新材料科技（上海）股份有限公司（以下简称"公 司"）于 2025 年 11 月 26 日在中登公司上海分公司办理完成公司 2025 年限制性 股票激励计划（以下简称"本激励计划"）首次授予部分的授予登记工作，现就 有关事项公告如下： 一、首次授予部分限制性股票授予情况 （一）权益授予的具体情况 2025 年 10 月 24 日，麦加芯彩新材料科技（上海）股份有限公司召开第二 届董事会第十九次会议，审议通过了《关于向 2025 年限制性 ...

Core Points - The company announced the completion of the initial grant registration for its 2025 restricted stock incentive plan on November 26, 2025 [2] - The number of shares granted in the initial portion of the restricted stock plan is 813,300 shares [2]

Core Viewpoint - Lingwei Technology showcases its commitment to green coatings and innovative applications at the 2025 China International Coatings Exhibition, emphasizing low-carbon and environmentally friendly solutions [1] Group 1: Sustainable Development - Lingwei Technology focuses on sustainable development with its core material, nano-silica, which offers both environmental and functional advantages [2] - Featured products include HOMSIL silica for matting, HOMAC anti-rust pigment, and HOMSOL silica sol, applicable in traditional coatings and emerging fields like 3D printing and photovoltaic self-cleaning coatings [2] - The POLYCOAT water-based epoxy emulsion and curing agent are highlighted for their unique emulsifier design that reduces VOCs without increasing emulsion particle size, providing an ideal choice for low-carbon and long-lasting anti-corrosion [2] - POLYCOAT serves as an excellent substrate for radiation cooling coatings, widely used in building exteriors, photovoltaic components, and energy storage cabinets, contributing to industrial and building energy savings [2] - All products have passed three major ISO certifications and comply with EU RoHS directives, supporting the "dual carbon" goals of the industry [2] Group 2: Industry Chain Collaboration - Lingwei Technology emphasizes the value of industry chain collaboration, achieving full-chain innovation through upstream and downstream strategic partnerships [3] - The company has established joint R&D and technical cooperation with renowned paint companies like Sherwin-Williams, Nippon Paint, AkzoNobel, and Meiga Xincai, ensuring products meet downstream customer and market demands [3] - Currently, Lingwei Technology serves over 3,000 enterprises globally, with products exported to over 50 countries and regions, supported by a network of over 80 distributors [3] Group 3: Digital Transformation - Lingwei Technology is transforming the raw materials industry through digitalization and intelligence, enhancing smart manufacturing capabilities [4] - The company has established digital smart factory benchmarks in its Ma'anshan and Hunan bases, implementing systems for visual and standardized control across R&D, production, quality inspection, and supply [4] - Industrial internet technology enables real-time monitoring and intelligent scheduling of production data, significantly improving efficiency and reducing energy consumption [4] - The Ma'anshan base's photovoltaic system can reduce carbon emissions by approximately 920 tons annually, supporting a low-carbon production and intelligent control operational system [4] Group 4: Future Outlook - Lingwei Technology plans to continue increasing investments in green materials, industry chain collaboration, and digital construction, with R&D expenditures exceeding 5% of revenue and showing a year-on-year increase [5] - Through green innovation and intelligent transformation, Lingwei Technology is driving the industry towards more environmentally friendly and efficient practices, injecting new momentum into the transition from "Made in China" to "Created in China" [5]

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。 根据麦加芯彩新材料科技（上海）股份有限公司（以下简称"公司"）2025 年第四次临时股东会对董事会的授权，公司于 2025 年 10 月 24 日召开第二届董 事会第十九次会议，审议通过了《关于向 2025 年限制性股票激励计划激励对象 首次授予限制性股票的议案》，公司董事会认为公司 2025 年限制性股票激励计 划规定的首次授予条件已经成就，同意确定 2025 年 10 月 24 日为首次授予日， 并同意向符合条件的 42 名首次授予激励对象以每股 30 元的价格授予 81.33 万股 限制性股票。具体内容详见公司披露于上海证券交易所网站（www.sse.com.cn） 的《关于向 2025 年限制性股票激励计划激励对象首次授予限制性股票的公告》 （公告编号：2025-094）。 截至目前本次激励计划的首次激励对象已完成缴款，本次实际共 42 名激励 对象缴款认购限制性股票 81.33 万股，认购价格为 30.00 元/股。截至 2025 年 11 月 11 日，公司已收到 42 名股权激励对象认缴股款人民币 ...

Investment Rating - The report maintains a "Recommended" rating for the chemical industry [1] Core Views - The chemical industry is expected to benefit from the ongoing "anti-involution" measures, which may lead to a significant slowdown in global chemical capacity expansion. This shift is anticipated to enhance cash flow and dividend yields for companies in the sector, transforming them from cash-consuming entities to cash-generating ones [7][27] - The report highlights the potential for domestic substitutes for Japanese semiconductor materials due to rising tensions in Sino-Japanese relations, which could accelerate the domestic market's growth in this area [6] Summary by Sections Recent Trends - The chemical industry has shown a relative performance increase of 16.1% over the past 12 months, outperforming the CSI 300 index, which increased by 11.6% [4] Key Price Movements - DMC (Dimethyl Carbonate) prices rose to 4400 CNY/ton, up 14.29% week-on-week, driven by strong demand from the electrolyte sector [14] - Lithium battery electrolyte prices increased to 27000 CNY/ton, up 8.00% week-on-week, although profit margins for manufacturers are under pressure due to rising raw material costs [14] - Diammonium phosphate prices in East China reached 3850 CNY/ton, up 5.48% week-on-week, amid rising production costs [14] Investment Opportunities - The report identifies four key opportunities in the chemical sector: 1. Low-cost expansion, focusing on companies like Wanhua Chemical and Hualu Hengsheng [9] 2. Improved industry conditions, particularly in chromium salts and phosphate rock [10] 3. New materials with high growth potential, such as electronic chemicals and aerospace materials [11] 4. High dividend yields from state-owned enterprises in the chemical sector, including China Petroleum and China National Chemical [11] Company Tracking and Earnings Forecast - The report provides a detailed earnings forecast for key companies, indicating a positive outlook for several firms in the chemical sector, with many rated as "Buy" [28]

Company Overview - Megachip Color (SH 603062) announced its second board meeting on November 21, 2025, in Shanghai, where it reviewed the proposal to adjust the internal investment structure of certain fundraising projects [1] - As of the report, Megachip Color has a market capitalization of 4.7 billion yuan [1] Revenue Composition - For the year 2024, Megachip Color's revenue composition is as follows: the paint industry accounts for 99.91%, while other businesses contribute 0.09% [1]

Group 1 - The company has achieved bulk shipments of onshore towers [2] - The offshore wind power coatings are at the forefront of the market, with the offshore blade coatings being recognized [2] - The offshore tower coatings have passed certification from a domestic authority and are currently undergoing NORSOK M501 certification testing [2]