一、本次发行募集资金使用计划 本次发行募集资金总额不超过 70,000 万元（含），扣除发行费用后拟用于以下 用途： 单位：万元 序号 项目名称 实施主体 投资总额 拟使用募集资金金额 合计 - 143,839.96 70,000.00 如果本次发行扣除发行费用后的实际募集资金净额少于拟投入募集资金总额，不 足部分公司将通过自有或自筹资金解决。 在本次募集资金到位前，公司将根据项目进度的实际情况以自有或自筹资金先行 投入，待募集资金到位后，再按照相关法规规定以募集资金置换预先已投入募投项 目的自有或自筹资金。 湖南华联瓷业股份有限公司 募集资金使用的可行性分析报告 （修订稿） 二○二五年七月 目 录 释 义 本报告中，除另有说明，下列简称具有如下特定含义： 华瓷股份、公司、本 指 湖南华联瓷业股份有限公司 公司、发行人 本次发行 指 华瓷股份 2025 年度向特定对象发行 A 股股票 本次发行募投项目、 指 本次发行募集资金投资项目，即越南东盟陶瓷谷项目 本次募投项目 Etrillion Ceramics Co.,Ltd，溢兆利瓷业有限公司，发行人在越南设立 溢兆利 指 的全资子公司，本次募投项目实施主体 致 ...

Group 1 - The core viewpoint of the articles emphasizes the importance of government policies in stabilizing employment and supporting enterprises amid changing external environments [1][2][4] - Shandong Province has implemented a "steady job return" policy, providing financial support to companies to help them maintain employment levels, with 3.87 billion yuan returned to 57,900 insured units from January to June [1][2] - The province has also extended various financial and tax incentives, including a 30% return on unemployment insurance for large enterprises and 60% for small and micro enterprises, alongside skill enhancement subsidies totaling 275 million yuan for 153,400 individuals [2][4] Group 2 - New economic sectors such as digital economy and green economy are emerging as new growth points for job creation, with Shandong providing entrepreneurial support through loans and simplified processes, resulting in 9.662 billion yuan in new entrepreneurial loans issued [4] - The province has allocated 56 million yuan annually to enhance vocational training in high-demand industries, supporting 13 quality vocational schools and 54 programs to cultivate skilled talent [4] - A pilot program in selected districts has digitized the process of social assistance, streamlining the distribution of funds to low-income households, with 46.479 million yuan disbursed to 53,000 individuals by the end of June [5][6]

本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、误导性陈述或者重大遗 漏。 一、召开会议的基本情况 1．股东大会届次：2025年第三次临时股东大会 6．会议的股权登记日：2025年7月25日（星期五）。 7．出席对象： （1）截至2025年7月25日（股权登记日）下午收市时在中国结算登记结算有限责任公司深圳分公司登记 在册的公司全体普通股股东均有权出席股东大会，并可以以书面形式委托代理人出席会议和参加表决， 该股东代理人不必是本公司股东。 （2）公司董事、监事和高级管理人员。 2．股东大会的召集人：公司董事会 公司于2025年5月29日召开第五届董事会第十八次会议及第五届监事会第十五次会议，审议通过了关于 公司2025年度向特定对象发行A股股票的相关议案。根据董事会第十八次会议审议通过的《关于提请召 开2025年第二次临时股东大会的议案》，基于公司本次向特定对象发行股票的总体工作安排，公司董事 会决定暂不召开审议本次发行相关事宜的股东大会，待相关工作及事项准备完成后，公司董事会授权公 司董事长许君奇决定召开股东大会的具体时间，并另行发布召开股东大会的通知和相关公告。随后公司 发布了《关于暂 ...

Core Viewpoint - The article highlights the challenges faced by Tangshan Jingheng Bone China Factory, particularly due to trade friction and rising tariffs, leading to significant inventory issues and financial strain on the company [2][6][12]. Group 1: Company Situation - The factory is currently facing a critical financial situation, with inventory valued at several million yuan stuck in warehouses due to halted exports [5][6]. - The owner, Liu Fangxin, has expressed that the factory's inventory could take approximately 10 years to sell at the current rate of de-stocking [3][6]. - The company has historically focused on high-end bone china products and has acted as an OEM for several international brands, but the current market conditions have severely impacted order fulfillment [6][12]. Group 2: Market Challenges - The factory's difficulties are primarily attributed to fluctuating U.S. tariff policies, which have made exports unprofitable and increased shipping costs [6][12]. - Liu Fangxin noted that the FOB (Free on Board) shipping model is too risky under current conditions, as there is a high chance of customers refusing to accept shipments, leading to financial losses [7][12]. - The demand for lower-priced products from "Belt and Road" buyers has further complicated the company's ability to maintain its market position [6][12]. Group 3: Future Plans - Liu Fangxin aims to establish a strong brand identity and explore online sales channels once the financial situation improves [12]. - The company is committed to maintaining high-quality standards, using bone charcoal instead of bone powder to ensure product quality, despite rising raw material costs [11][12]. - Liu Fangxin's long-term vision includes opening up the domestic market and ensuring that customers recognize the quality of their products amidst a market filled with counterfeit goods [12].

Group 1 - The company announced the resignation of several key personnel, including Mr. Yuan Li (Director and Deputy General Manager), Mr. Huang Jian (Employee Representative Supervisor), and Mr. Zhang Liwen (Deputy General Manager) due to personal reasons [1][2] - Mr. Yuan Li's resignation will not affect the board's minimum member requirement, and he has completed the necessary work handover [2] - Mr. Huang Jian's resignation will temporarily leave the supervisory board below the legal minimum until a new employee representative supervisor is elected [2] - Mr. Zhang Liwen's resignation is effective immediately upon submission, and he has also completed the required work handover [2] Group 2 - The company expressed gratitude for the contributions made by Mr. Yuan Li, Mr. Huang Jian, and Mr. Zhang Liwen during their tenure [3] - The company will ensure that the resignation of the securities affairs representative, Ms. Wu Jiayun, will not disrupt normal operations and will seek to appoint a qualified replacement promptly [6]

Core Viewpoint - Huaci Co., Ltd. plans to expand its production capacity by establishing a new manufacturing base in Vietnam, funded by a private placement of up to 700 million yuan, marking its first refinancing since going public [2][4]. Group 1: Fundraising and Investment Plans - The company intends to raise up to 700 million yuan through a private placement, with the funds allocated entirely to the ASEAN Ceramic Valley project [3][4]. - The controlling shareholder, Zhiyu Investment, plans to subscribe for 30 million yuan of the new shares [3]. - The issuance will involve no more than 75.56 million shares to up to 35 specific investors [3]. Group 2: Production Capacity and Financial Projections - The new project in Vietnam aims to produce an additional 16.534 million pieces of colored glazed ceramics annually, with projected annual revenue of 1.405 billion yuan and net profit of 272 million yuan once operational [5]. - The internal rate of return on the investment is estimated at 14.25%, with a payback period of 9.12 years [5]. Group 3: Revenue and Profit Trends - Huaci Co., Ltd. reported revenues of 1.34 billion yuan in 2024, a year-on-year increase of 8.79%, and a net profit of 205 million yuan, up 14.21% [2][7]. - The company has consistently maintained a high sales rate for its colored glazed ceramics, with production and sales rates exceeding 110% from 2022 to 2024 [8]. Group 4: Market Presence and Strategy - The company has established a significant international presence, with foreign sales accounting for 67.20%, 62.84%, and 71.06% of total revenue from 2022 to 2024 [6]. - Huaci Co., Ltd. aims to leverage Vietnam's geographical advantages and cost efficiencies to enhance its market share in Europe and ASEAN countries [6]. Group 5: Dividend Policy - The company has increased its cash dividend payout, reaching 100 million yuan in 2024, which is 49.14% of its net profit [9]. - A future dividend plan is set to distribute at least 50% of net profit as cash dividends from 2025 to 2027 [9].

Core Viewpoint - The article highlights the rich history and current development of the ceramic industry in Sanban Town, Dehua County, which has transformed into a significant economic sector with an annual output value of approximately 10 billion yuan, driven by innovations in production and market expansion [1][6][11]. Industry Overview - Dehua County is known as the "World Ceramic Capital," with over 1,000 ceramic enterprises and products exported to more than 190 countries and regions [1][6]. - The ceramic industry in Sanban Town has evolved from traditional craftsmanship to modern, intelligent manufacturing processes, significantly enhancing production efficiency and product variety [3][11]. Historical Significance - Sanban Town has a long-standing history of ceramic production, with archaeological findings indicating that pottery-making dates back to the Xia and Shang dynasties [2]. - The town is home to ancient kiln sites, including the Tailin-Neizhan kiln, which is part of the UNESCO World Heritage site "Quanzhou: Emporium of the World in Song-Yuan China" [2]. Economic Impact - The ceramic industry directly or indirectly supports the livelihoods of over half of the local population, making it a primary source of employment and economic activity in the region [6]. - The establishment of the China Tea Set City, a comprehensive trading platform with an investment of 2.5 billion yuan, has further solidified the market for ceramic tea sets, which account for over 80% of the national production [7][11]. Cultural Integration - The combination of ceramics and tea has led to the development of a unique cultural identity, with Sanban Town producing a wide range of tea-related ceramic products [7][8]. - The Moon Record Kiln, a historical site, serves as a living museum of ceramic culture, attracting tourists and promoting traditional craftsmanship through hands-on experiences [10][11]. Future Prospects - The local government aims to enhance innovation and smart manufacturing in the ceramic industry, focusing on integrating ceramics with cultural and tourism sectors to expand international influence [11].

Core Viewpoint - The successful inclusion of "Wudi Shell Porcelain" in the Shandong Province geographical indication case for rural revitalization highlights the potential of leveraging local resources for economic development and job creation [1][3]. Group 1: Product and Resource Overview - Wudi Shell Porcelain originates from Wudi County, Shandong Province, benefiting from a unique natural resource of 360 million tons of shell deposits and an annual natural growth of 100,000 tons [1]. - The product has received multiple recognitions, including national geographical indication protection in 2008, a spot on the national brand evaluation list in 2022, and the "Good Product Shandong" brand in 2024 [1]. Group 2: Industry Chain and Economic Impact - The core advantage of Wudi Shell Porcelain lies in the full industry chain upgrade driven by geographical indication, transforming natural resources into a high-value industry with a complete system from shellfish farming to shell resource processing and porcelain production, generating nearly 800 million yuan in output value and creating jobs for nearly 10,000 people [3][4]. - The approach includes activating regional resources and constructing a complete industry chain, converting waste shells into high-end porcelain raw materials, thus achieving ecological governance and economic development [3]. Group 3: Quality Assurance and Brand Strategy - Standardization efforts have led to the establishment of quality assurance systems, including enterprise standards and local standards for Wudi Shell Porcelain, promoting high-end and quality-focused production [3]. - The implementation of a brand strategy through technological innovation and the establishment of nine research and development platforms has enhanced brand recognition and protection, earning various honors in the ceramics industry [3][4]. Group 4: Cultural and Economic Synergy - Wudi Shell Porcelain serves as a model for utilizing local marine resources to develop new productive forces, directly driving employment and achieving a balance between ecological restoration and economic prosperity [4]. - The integration of cultural elements into the product, such as innovative porcelain techniques and the "Shell Porcelain Culture+" initiative, enhances cultural value and market competitiveness [4].

Core Viewpoint - The company, Hunan Hualian Ceramics Co., Ltd., has released its first quarter report for 2025, ensuring the accuracy and completeness of the information disclosed, and confirming that the report has not been audited [1][2][7]. Financial Data - The company has confirmed that there are no adjustments or restatements required for previous accounting data [3]. - There are no non-recurring profit and loss items applicable for the reporting period [3]. - The company has not defined any items listed in the public offering securities disclosure as recurring profit and loss [3]. Shareholder Information - The report includes details on the total number of ordinary shareholders and the top ten shareholders, but no changes were reported regarding the lending of shares by major shareholders [5]. Board Meeting - The fifth board meeting of the company was held on April 25, 2025, with all nine directors present, and the meeting complied with legal and statutory requirements [9]. - The board approved the first quarter report for 2025 with unanimous support [10]. - The board also approved the establishment of a special account for fundraising and the signing of a four-party supervision agreement related to the funds [11]. Supervisory Meeting - The fifth supervisory meeting was also held on April 25, 2025, with all three supervisors present, and the meeting adhered to legal and statutory requirements [15]. - The supervisory board approved the first quarter report for 2025 with unanimous support [16]. - Similar to the board, the supervisory board approved the establishment of a special account for fundraising and the signing of a four-party supervision agreement [15].

杨珍表示，在工作中，要不断地学习设计方法，不断地探索事物的结构与重构、宏观与微观的观察法， 要敢于尝试挖掘更深层次的设计理念，以期准确抓住特定人群的特点，寻找他们的特殊需求。只有在不 断的探索与创新中，才能设计出领先行业的好产品。在对陶瓷成型工艺的研究中，要充分分析空心注 浆、压力注浆、滚压的特点，在设计过程中合理运用不同的成型方式，还要综合运用建模软件、精雕技 术、3D打印技术，准确控制产品厚度、把握弧度，在满足审美需求也符合生产工艺的同时，提升产品 质量、降低成本。 多年来，高淳陶瓷在杨珍的创新引领下，成功竞标多个重大宴会项目，在行业内影响力迅速提高。产品 先后入选2017年、2019年"一带一路国际高峰论坛"国宴瓷；2017年上海市长峰会用瓷；2018年、2019年 两届上海进出口博览会宴会瓷；2021年全运会用瓷；2021年中央外联部建党百年特别对话世界会客厅用 瓷；2023年中亚五国峰会宴会用瓷。其中，"一带一路国际高峰论坛"国宴瓷被中国国家博物馆和中国党 史博物馆收藏。杨珍设计的作品在中国陶瓷协会举办的"中国陶瓷艺术大展""中国陶瓷产品设计大 赛""全国陶瓷艺术设计创新评比"；历届"大地奖"中国陶 ...