Meeting Details - The sixth session of the Supervisory Board of Jin Hong Gas Co., Ltd. was held on May 23, 2025, with all three supervisors present, confirming the legality and validity of the meeting [1][2] Resolutions Passed - The Supervisory Board approved a proposal to increase the implementation subjects of fundraising projects and to provide interest-free loans from the raised funds to the new implementation subjects, which aligns with the company's operational needs and promotes the smooth execution of fundraising projects [1][2] - The decision was deemed compliant with relevant laws and regulations, ensuring no harm to the interests of the company and its shareholders [1]

Core Viewpoint - The company has approved the addition of a new wholly-owned subsidiary, Suzhou Jinhong Logistics Co., Ltd., as the implementation entity for the "New High-end Electronic Special Materials Project" and will provide a loan from the raised funds to support this project [2][5][10] Fundraising Overview - The company has been authorized to issue 10,160,000 convertible bonds at a face value of RMB 100 each, raising a total of RMB 1,016,000,000, with a net amount of RMB 1,004,159,622.64 after deducting issuance costs [2][3] - The funds will be managed in a dedicated account to ensure investor protection and compliance with regulations [2][8] Project Investment Status - As of December 31, 2024, the total investment for the "New High-end Electronic Special Materials Project" is RMB 124,093.66 million, with RMB 100,415.96 million raised and RMB 57,395.05 million already invested, representing 57.16% of the total [4][5] New Implementation Entity - The addition of Jinhong Logistics as a project implementation entity is aimed at enhancing the efficiency of fund usage and ensuring compliance with transportation regulations for hazardous materials [5][6] - The project will not change in terms of total investment, funding allocation, or construction content [5][9] Loan Provision Details - The company will provide a loan of up to RMB 75 million to Jinhong Logistics to support the project, with the loan being interest-free and disbursed based on actual funding needs [6][10] - The loan will be managed under a four-party supervision agreement to ensure proper use of the funds [6][8] Impact on Company Operations - The decision to add a new implementation entity and provide a loan is expected to facilitate the smooth execution of the project without adversely affecting the company's operations or shareholder interests [5][9][10] - The company will adhere to relevant regulations and maintain transparency in fund usage [8][10]

《上 证券代码：688106 证券简称：金宏气体 公告编号：2025-028 转债代码：118038 转债简称：金宏转债 金宏气体股份有限公司 关于总经理离任暨聘任总经理的公告 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、准确性和完整性依法承担法律责任。 一、总经理离任情况 （一）提前离任的基本情况 金宏气体股份有限公司（以下简称"公司"）董事会于 2025 年 5 月 23 日收 到总经理金向华先生的书面离任报告，为更好地履行董事长职责，将更多精力投 入到公司战略规划、规范治理等方面，金向华先生申请辞去公司总经理职务。辞 职后，金向华先生仍将继续担任公司第六届董事会董事长，金宏气体（上海）有 限公司（以下简称"上海金宏"）执行董事、总经理，苏州金宏润投资有限公司 （以下简称"金宏润投资"）执行董事。 | | | | 原定 | | 是否继续 | | 是否存在 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | | 任期 | 离任 | 在上市公 | | | | | | 离任 ...

Core Viewpoint - The company has announced its 2024 annual profit distribution plan, which includes a cash dividend distribution to shareholders based on the total share capital [1][2]. Group 1: Profit Distribution Plan - The 2024 annual profit distribution plan was approved at the shareholders' meeting held on May 16, 2025, proposing a total cash dividend of 21.1235 million yuan (including tax) [1]. - The distribution will be based on the existing total share capital of 211,235,000 shares, with a proposed cash dividend of 1.000000 yuan per 10 shares (including tax) [1][2]. - The company will not issue bonus shares or convert capital reserves into share capital as part of this distribution [1]. Group 2: Taxation and Dividend Payment - The company will not withhold individual income tax at the time of distribution; instead, tax will be calculated based on the holding period when shares are transferred [2]. - Different tax rates will apply for overseas investors and domestic investors holding fund shares, with a 10% tax rate for Hong Kong investors [1][2]. Group 3: Key Dates - The record date for the rights distribution is set for May 26, 2025, and the ex-dividend date is May 27, 2025 [2]. Group 4: Adjustment of Parameters - Following the distribution, the company will adjust the grant and repurchase prices of the reserved restricted stock according to the distribution amount, ensuring the adjusted price remains above 1 yuan [2].

Core Viewpoint - The financial performance of Jin Hong Gas Co., Ltd. has been impacted by a significant decline in gross profit margins, particularly in the specialty gas segment, despite an increase in revenue [2][3]. Financial Performance - The company's overall gross profit margin decreased by 36.12% year-on-year, primarily due to a drop in gross margins for both bulk and specialty gas businesses [2]. - In 2024, the gross margin for bulk gas was 31.26%, down by 2.94 percentage points, while the specialty gas gross margin was 27.69%, down by 12.67 percentage points [2]. Sales and Revenue Breakdown - The sales volume and revenue for major products in 2024 were as follows: - Bulk gas: 956,037.01 tons, with a revenue of 97,293.39 million yuan and a gross margin of 31.26% [3]. - Specialty gas: 261,898.03 tons, with a revenue of 96,261.97 million yuan and a gross margin of 27.69% [3]. Specialty Gas Segment Analysis - The decline in specialty gas gross margins was attributed to various factors, including increased production costs and decreased sales prices due to market conditions [6][10]. - Specific products such as ultra-pure ammonia, hydrogen, and nitrous oxide experienced significant gross margin declines, with ultra-pure ammonia's margin dropping by 12.77 percentage points [7][9]. Market Trends and Risks - The specialty gas market is influenced by the semiconductor and photovoltaic industries, which are currently facing challenges such as overcapacity and price declines [11][12]. - Despite the current challenges, the semiconductor market is projected to grow, with a compound annual growth rate (CAGR) of 5.6% expected from 2023 to 2028 [10]. Customer Base and Strategic Initiatives - The company has expanded its customer base, adding 21 new semiconductor clients in 2024 and 16 in the first quarter of 2025 [12]. - Jin Hong Gas is focusing on enhancing its service capabilities and product offerings to meet the evolving needs of its clients in the semiconductor and photovoltaic sectors [14][15].

Core Viewpoint - The company received an inquiry letter from the Shanghai Stock Exchange regarding its 2024 annual report, focusing on the significant decline in profit margins despite revenue growth, primarily due to a drop in gross margins in both bulk and specialty gas segments [1][2]. Summary by Sections Gross Margin Analysis - The company's gross margin for bulk gas business in 2024 was 31.26%, down by 2.94 percentage points, while the specialty gas business gross margin was 27.69%, down by 12.67 percentage points [2][3]. - The inquiry requested detailed sales data for 2022, 2023, and 2024, including sales revenue, sales volume, average selling price, and gross margin for both bulk and specialty gases [2]. Specialty Gas Business Challenges - The decline in specialty gas gross margin was attributed to various factors, including increased production costs and market competition, particularly in the photovoltaic sector, which affected demand and pricing [4][5]. - Specific products like ultra-pure ammonia and hydrogen saw significant gross margin declines of 12.77 and 11.00 percentage points, respectively, due to lower selling prices and increased costs [6][7]. Market Trends and Customer Base - The specialty gas market is influenced by the semiconductor and photovoltaic industries, with expected growth in semiconductor materials driven by AI demand, while the photovoltaic sector faces challenges due to overcapacity and price declines [9][10]. - The company has established relationships with major clients in the semiconductor and photovoltaic sectors, including significant new customer acquisitions in 2024 [10][11]. Customer Dynamics - The company’s top five customers have changed significantly over the past three years, with new entrants like Northern Integrated Circuit and Peak View International, reflecting shifts in market demand and customer needs [14][18]. - The sales model primarily involves direct sales to end-users and gas companies, with no significant related party transactions noted [17]. Acquisition Strategy - The company has engaged in multiple equity acquisitions from 2022 to 2024, with a total goodwill of 334 million yuan, indicating a strategic focus on expanding market share and enhancing operational capabilities [20][21].

Core Viewpoint - The company, Guangdong Huate Gas Co., Ltd., is set to hold an investor briefing on May 27, 2025, to discuss its 2024 annual and 2025 Q1 performance, providing an opportunity for investors to engage and ask questions [1][2]. Group 1: Meeting Details - The investor briefing will take place on May 27, 2025, from 09:00 to 10:00 [1][2]. - The meeting will be held at the Shanghai Stock Exchange Roadshow Center and will be conducted in an interactive online format [1][2]. - Investors can submit questions from May 20 to May 26, 2025, through the Roadshow Center website or via the company's email [1][3]. Group 2: Participants - Key participants in the meeting will include the Vice Chairman, Ms. Shi Sihui; the General Manager, Mr. Fu Zhuhong; the Board Secretary, Ms. Wan Lingzhi; the Financial Officer, Mr. Guo Zhanquan; and the Independent Director, Mr. Xiao Wende [2].

截至公告披露日，华特气体股东厦门华弘多福投资合伙企业(有限合伙)、厦门华和多福投资合伙企业(有 限合伙)、厦门华进多福投资合伙企业(有限合伙)合计直接持有公司20,412,600股股份，占公司总股本的 16.96%，均为无限售条件流通股。 华特气体2024年年度报告显示，华特气体的控股股东是广东华特投资管理有限公司，实际控制人是石平 湘、石思慧。厦门华弘多福投资合伙企业(有限合伙)、厦门华和多福投资合伙企业(有限合伙)、厦门华 进多福投资合伙企业(有限合伙)受同一主体广东华特投资管理有限公司控制。 2019年12月26日，华特气体在上交所科创板上市，发行数量3,000万股，发行价格为22.16元/股。华特气 体的保荐机构(主承销商)为中信建投（601066）证券股份有限公司，保荐代表人为李少杰、温家明。华 特气体本次发行募集资金总额为66,480.00万元，募集资金净额为58,306.11万元。 中国经济网北京5月15日讯华特气体(688268.SH)昨晚发布的股东减持股份计划公告显示，公司股东厦门 华弘多福投资合伙企业(有限合伙)、厦门华和多福投资合伙企业(有限合伙)、厦门华进多福投资合伙企 业(有限合伙) ...

智通财经5月14日电，华特气体(688268.SH)公告称，股东厦门华弘多福投资合伙企业（有限合伙）、厦 门华和多福投资合伙企业（有限合伙）、厦门华进多福投资合伙企业（有限合伙）拟于2025年6月9日至 9月8日期间，通过大宗交易方式减持公司股份，合计减持不超过240万股，占公司总股本的比例不超过 2%。 华特气体：股东拟减持不超过2%公司股份 ...

Core Viewpoint - The company, Jin Hong Gas Co., Ltd., has approved a differentiated profit distribution plan, which includes a cash dividend of 1.00 yuan per 10 shares for the fiscal year 2024, with no stock dividends or bonus shares [2][4]. Group 1: Profit Distribution Plan - The net profit attributable to the parent company for 2024 is projected, and the cash dividend will be distributed based on the total shares held by shareholders as of the record date [2][3]. - The company plans to maintain the per-share distribution ratio even if there are changes in total share capital due to convertible bonds, share buybacks, or other corporate actions [2][3]. Group 2: Share Buyback Details - The company initiated a share buyback program starting from August 27, 2021, and has continued to approve additional buyback plans in subsequent years, with the latest buyback completed on February 12, 2025, totaling 2,465,747 shares [3][4]. - As of the upcoming profit distribution, the company will hold 4,829,996 shares in the buyback account, which will not participate in the profit distribution [3][4]. Group 3: Special Ex-Dividend Treatment - The company has applied for special ex-dividend treatment based on the regulations that state repurchased shares do not have rights to dividends or voting [4][5]. - The impact of the differentiated profit distribution on the ex-dividend reference price is calculated to be minimal, with an absolute value impact of approximately 0.0059% [5]. Group 4: Compliance and Verification - The sponsor, Dongwu Securities, has verified that the differentiated profit distribution complies with relevant laws and regulations, ensuring no harm to the interests of the company or its shareholders [5].