天眼查App显示，近日，河北铭峰新材料有限公司成立，法定代表人为张亚钊，注册资本1000万人民 币，经营范围为一般项目：基础化学原料制造（不含危险化学品等许可类化学品的制造）;技术服务、 技术开发、技术咨询、技术交流、技术转让、技术推广;金属材料销售;有色金属合金销售;非金属矿及制 品销售;高性能有色金属及合金材料销售;有色金属合金制造;耐火材料销售;化工产品销售（不含许可类 化工产品）;固体废物治理;新材料技术推广服务;新材料技术研发;科技中介服务（除依法须经批准的项 目外，凭营业执照依法自主开展经营活动）。 ...

天眼查App显示，近日，河北韧木新材料科技有限公司成立，法定代表人为李尚英，注册资本300万人 民币，经营范围为一般项目：新材料技术研发;合成材料制造（不含危险化学品）;人造板制造;合成材料 销售;人造板销售;建筑装饰材料销售;五金产品批发;五金产品零售（除依法须经批准的项目外，凭营业 执照依法自主开展经营活动）许可项目：住宅室内装饰装修;建设工程施工（依法须经批准的项目，经 相关部门批准后方可开展经营活动，具体经营项目以批准文件或许可证件为准）。 ...

Core Viewpoint - The company has approved the 2025 Restricted Stock Incentive Plan, which includes a list of incentive targets that have been publicly disclosed and verified by the Compensation and Assessment Committee [1][5][6]. Group 1: Public Disclosure and Verification - The public disclosure of the incentive targets took place from November 18 to November 27, 2025 [2]. - The disclosure was made through the company's internal announcement board, and employees were encouraged to provide feedback via phone, email, or in person [3]. - No objections were raised against the proposed list of incentive targets during the public disclosure period [3]. Group 2: Verification Process - The Compensation and Assessment Committee verified the list of incentive targets, including their identification documents, employment contracts, and positions held within the company [4]. - The committee confirmed that all individuals listed as incentive targets meet the qualifications set forth by relevant laws and regulations [5]. - The incentive targets are comprised of directors, senior management, middle management, and key personnel within the company and its subsidiaries [5][6]. Group 3: Compliance with Regulations - The committee ensured that the incentive targets do not fall under any disqualifying conditions as outlined in the relevant regulations, such as being deemed inappropriate candidates by regulatory authorities within the last 12 months [6]. - The incentive plan explicitly excludes independent directors and significant shareholders, ensuring compliance with legal requirements [6].

天眼查App显示，近日，枣强梓煜新材料科技有限公司成立，法定代表人为付伟，注册资本50万人民 币，经营范围为一般项目：技术服务、技术开发、技术咨询、技术交流、技术转让、技术推广;太阳能 发电技术服务;新材料技术推广服务;耐火材料生产;耐火材料销售;塑料制品制造;塑料制品销售;产业用纺 织制成品制造;产业用纺织制成品销售;机械零件、零部件销售;机械零件、零部件加工;橡胶制品销售;电 力设施器材销售;五金产品零售;非金属矿物制品制造;非金属矿及制品销售（除依法须经批准的项目外， 凭营业执照依法自主开展经营活动）许可项目：发电业务、输电业务、供（配）电业务（依法须经批准 的项目，经相关部门批准后方可开展经营活动，具体经营项目以批准文件或许可证件为准）。 ...

天眼查App显示，近日，上海聚瑞盛纳米新材料有限公司成立，法定代表人为季敏，注册资本3万人民 币，经营范围为一般项目：新材料技术研发；新材料技术推广服务；技术服务、技术开发、技术咨询、 技术交流、技术转让、技术推广；专用化学产品销售（不含危险化学品）；电子专用材料销售；电子专 用材料研发；涂料销售（不含危险化学品）；金属材料销售；机械零件、零部件销售；保温材料销售； 隔热和隔音材料销售；新型陶瓷材料销售；机械设备销售；销售代理；化工产品销售（不含许可类化工 产品）；特种设备销售；货物进出口；技术进出口；进出口代理；塑料制品销售；金属工具销售；合成 材料销售；密封用填料销售；五金产品批发；五金产品零售。（除依法须经批准的项目外，凭营业执照 依法自主开展经营活动）。 ...

天眼查App显示，近日，上海硅本新材料科技有限公司成立，法定代表人为李家俊，注册资本100万人 民币，经营范围为一般项目：技术服务、技术开发、技术咨询、技术交流、技术转让、技术推广；新材 料技术研发；化工产品销售（不含许可类化工产品）；新型催化材料及助剂销售；涂料销售（不含危险 化学品）；前沿新材料销售；防腐材料销售；互联网销售（除销售需要许可的商品）；建筑装饰材料销 售；耐火材料销售；轻质建筑材料销售；建筑材料销售；高性能纤维及复合材料销售；磁性材料销售； 合成材料销售；货物进出口；技术进出口；国内贸易代理。（除依法须经批准的项目外，凭营业执照依 法自主开展经营活动）。 ...

天眼查App显示，近日，上海陇正新材料有限公司成立，法定代表人为孟国正，注册资本1000万人民 币，经营范围为一般项目：前沿新材料制造；金属加工机械制造；金属结构制造；金属链条及其他金属 制品销售；金属材料销售；金属制品销售；机械设备销售；计算机软硬件及辅助设备零售；日用玻璃制 品销售；煤炭及制品销售；汽车零配件零售；建筑材料销售；橡胶制品销售。（除依法须经批准的项目 外，凭营业执照依法自主开展经营活动）。 ...

天眼查App显示，近日，上海富乐有新材料有限公司成立，法定代表人为江卫钿，注册资本1000万人民 币，经营范围为一般项目：新材料技术推广服务；新型金属功能材料销售；金属材料销售；金属制品销 售；有色金属合金销售；信息咨询服务（不含许可类信息咨询服务）；市场调查（不含涉外调查）；贸 易经纪；国内贸易代理；电气设备销售；五金产品批发；石油制品销售（不含危险化学品）；农副产品 销售；网络技术服务；企业管理；电子产品销售；电工器材销售；润滑油销售；林业产品销售；信息系 统集成服务；纸浆销售；软件开发；软件销售；金银制品销售；化工产品销售（不含许可类化工产 品）；煤炭及制品销售；建筑装饰材料销售；建筑材料销售；高性能有色金属及合金材料销售；金属矿 石销售；非金属矿及制品销售。（除依法须经批准的项目外，凭营业执照依法自主开展经营活动）。 ...

Group 1 - The company has approved a proposal to engage in foreign exchange derivative trading to mitigate risks associated with currency fluctuations and improve the efficiency of foreign exchange fund usage [2][4][16] - The total trading amount for foreign exchange derivatives is capped at 200 million RMB (or equivalent in other currencies), with a maximum margin and premium limit of 50 million RMB [4][5] - The trading will be conducted using the company's own funds and will not involve raised funds [5][24] Group 2 - The company plans to use various foreign exchange derivative products, including forward contracts, swaps, and options, to hedge against currency risks [7][10] - The trading period for these derivatives is valid for 12 months from the date of board approval, with the ability to roll over the trading amount within this period [8][9] - The board has authorized the chairman or designated personnel to make investment decisions within the approved limits without further board approval for individual trades [5][9] Group 3 - The company has outlined specific risk control measures, including the prohibition of speculative trading and the establishment of a management system for foreign exchange derivative trading [14][15] - The audit committee and the sponsor have expressed their agreement with the company's plans, confirming compliance with relevant regulations and the absence of harm to shareholder interests [18][29] Group 4 - The company has announced a cash dividend of 0.40 RMB per share for the first three quarters of 2025, which was approved at the recent shareholder meeting [32][33] - The total cash dividend distribution will amount to approximately 111.49 million RMB, based on the adjusted total share capital [33][34] - The dividend will be distributed to all shareholders registered by the end of the trading day prior to the dividend record date, excluding shares held in the company's repurchase account [33][37]

Core Insights - Since the beginning of the "14th Five-Year Plan," the energy consumption per unit of industrial added value in Liangshan has decreased by 31% [1] - The average annual growth rate of industrial added value in Liangshan from 2021 to 2024 is projected to be 10.6% [1] - The total profit of industrial enterprises in Liangshan has increased from 11.29 billion to 20.87 billion, with an average annual growth of 16.61% [1] Industrial Development - Liangshan has established 6 provincial-level green factories and has become home to the first steel enterprise in Sichuan to complete a full-process ultra-low emission transformation [1] - The industrial added value has successively surpassed 50 billion, 60 billion, and 70 billion, with the proportion of industrial output in GDP rising from 26.9% to 30.8% [1] - The number of large-scale industrial enterprises has reached 459, with 30 "specialized, refined, and innovative" enterprises [2] Technological Innovation - Liangshan has built 3 provincial key laboratories, 3 engineering technology research centers, and 21 enterprise technology centers, effectively breaking through the bottleneck of technology and industrial innovation integration [1] - Several technological achievements, such as 5N-level high-purity titanium and rare earth extraction processes, have reached international leading levels [1] Enterprise Cultivation - The region has added 2 billion-level enterprises and 12 ten-million-level enterprises, bringing the total to 4 and 20 respectively [2] - A total of 56 innovative small and medium-sized enterprises have been cultivated [2] Industrial Cluster Development - Major projects such as the 20,000-ton titanium and titanium alloy melting and forging facility and the 12,500-ton annual cathode copper refining project have accelerated construction or been completed [2] - These projects aim to fill gaps in the industrial chain, improve supply chain weaknesses, and enhance value chain levels [2] Smart and Green Transformation - Liangshan is focusing on high-end, intelligent, and green development, with the world's largest high-purity titanium ingot produced in the region [2] - The aerospace high-end manufacturing industrial park is under construction, and a local pharmaceutical company has ranked among China's top 100 pharmaceutical industries for 14 consecutive years [2] Support for Enterprises - Liangshan has established a high-standard service center for small and medium-sized enterprises, serving over 6,000 enterprises [2] - The region has supported 570 enterprises in enjoying over 17 billion kilowatt-hours of electricity benefits, helping to reduce electricity costs by approximately 2.7 billion [2] - The industrial output value of industrial parks has increased from 59 billion to 92.12 billion, representing a growth of 56.1% [2]