Group 1 - The core point of the announcement is the approval of the extension of a fundraising investment project without changing the total investment amount or the purpose of the funds [1][2] - The project in question is the construction of a special polymer material production facility with an annual capacity of 45,000 tons [1] - The decision was made during the seventh meeting of the fifth supervisory board, which was held on August 1, 2025, with all three supervisors present [1][2] Group 2 - The vote on the extension proposal resulted in 3 votes in favor, with no votes against or abstentions [2] - The company assures that the extension does not negatively impact the implementation of the fundraising project or the interests of shareholders [1] - The announcement also complies with relevant regulations from the China Securities Regulatory Commission and the Shenzhen Stock Exchange regarding the management of raised funds [1]

Group 1 - The company held its fifth board meeting on August 1, 2025, with all seven directors present, and the meeting was chaired by the chairman Wu Xian [1][2] - The board approved the proposal to postpone the fundraising project for the annual production of 45,000 tons of special polymer materials, which will not affect the company's current operations or shareholder interests [2][3] - The board also approved amendments to the company's articles of association to enhance governance structure and operational standards, which will be submitted for shareholder approval [3][4] Group 2 - The company revised and established several governance systems to promote standardized operations and improve internal management mechanisms, with unanimous approval from the board [4][5] - A three-year shareholder return plan for 2025-2027 was approved to establish a scientific and stable return mechanism for shareholders, which will also require shareholder approval [5][6] - The board agreed not to hold a shareholder meeting immediately after this board meeting, with plans to notify shareholders later regarding the meeting [5][6]

Core Viewpoint - Shenzhen Water New Materials Co., Ltd. has established a shareholder return plan for the next three years (2025-2027) to enhance shareholder awareness and ensure stable returns for investors [1][2]. Group 1: Considerations for the Plan - The plan considers the company's industry, development stage, actual situation, future profit scale, cash flow, investment needs, and external financing environment to create a sustainable and stable return mechanism for investors [1]. - The company aims to balance short-term and long-term returns for investors while ensuring the continuity and stability of its dividend distribution policy [1]. Group 2: Principles of the Plan - The company prioritizes cash dividends over stock dividends and emphasizes the importance of protecting investors' rights [2]. - The plan includes provisions for listening to independent directors and minority shareholders to maintain a balance between capital expansion and performance growth [1][2]. Group 3: Specific Return Plan for 2025-2027 - The company plans to distribute profits primarily through cash dividends, with a minimum cash distribution of 20% of the distributable profits each year [2][3]. - The company will conduct annual profit distributions, with the possibility of mid-term cash dividends based on profitability and funding needs [2]. Group 4: Conditions for Cash and Stock Dividends - Cash dividends will be implemented if the company meets specific conditions, including a minimum cash dividend ratio of 80%, 40%, or 20% based on the company's financial situation [3][4]. - If the company does not meet the conditions for cash dividends, it may opt for stock dividends if deemed beneficial for all shareholders [3]. Group 5: Decision-Making and Supervision Mechanism - The board of directors will formulate the profit distribution plan based on the company's profit, cash flow, and future development plans [4][5]. - Independent directors can gather opinions from minority shareholders and propose dividend plans to the board [4]. - The profit distribution proposal must be approved by the board and then submitted to the shareholders' meeting for approval [5]. Group 6: Other Matters - The plan will take effect upon approval by the shareholders' meeting and will be subject to relevant laws and regulations [5]. - The board of directors is responsible for interpreting the plan [5].

Core Viewpoint - Shenzhen Water New Materials Co., Ltd. has decided to postpone the expected completion date of its fundraising project for the annual production of 45,000 tons of specialty polymer materials to August 11, 2027, based on the current investment progress and external environmental changes [1][4][6]. Fundraising Overview - The company raised a total of RMB 587,852,395.60 by issuing 36,630,036 shares to specific investors, with all funds now in place [1]. - The company has established a special account for the storage of the raised funds, ensuring that all funds are kept in this account [2]. Project Adjustment Details - Due to the actual net amount raised being less than the initially planned investment amount, the company has adjusted the funding allocation for the projects, with the shortfall to be covered by self-raised funds or other financing methods [2]. - The total investment for the annual production of 45,000 tons of specialty polymer materials project is RMB 136,986.79 million, with the adjusted amount of raised funds now set at RMB 58,785.24 million [2]. Delay Reasons and Impacts - The delay in the project is attributed to a cautious decision based on the actual construction situation and investment progress, without changing the project content, total investment, or implementation entity [5][6]. - The company emphasizes that the delay will not adversely affect its normal operations or shareholder interests, and it will continue to manage and utilize the raised funds efficiently [5][6]. Industry Context and Strategic Importance - The project is crucial for upgrading the domestic specialty polymer materials industry, which currently relies heavily on imports for high-end applications [6][7]. - The implementation of this project is expected to enhance the domestic supply chain's autonomy and stability, meeting the growing demand from emerging industries such as 5G, AI, and new energy vehicles [7][9]. Market and Policy Support - The project aligns with national policies that encourage the development of high-performance materials, indicating a broad market potential [10]. - The company has a strong technical foundation with over 300 patents and established research institutions, which supports the project's successful implementation [10][11]. Customer Base and Demand - The company has established long-term partnerships with various industries, ensuring a steady market demand for its specialty polymer materials [11]. - The postponement of the project is not expected to significantly impact the anticipated returns from the investment [11].

Core Viewpoint - The document outlines the management system for the resignation of directors and senior management at Shenzhen Water New Materials Co., Ltd, ensuring operational stability and protecting shareholder rights [1]. Group 1: Resignation Procedures - The system applies to all directors and senior management resignations, including term expiration, voluntary resignation, dismissal, and other circumstances leading to actual departure [1]. - Directors can resign before their term ends by submitting a written resignation report to the board, which becomes effective upon delivery [2]. - The board must disclose the resignation details within two trading days after receiving the resignation report [2]. Group 2: Dismissal Conditions - Directors can be dismissed for violating laws, regulations, or company rules, with the dismissal effective upon the shareholders' meeting resolution [2]. - Senior management can be dismissed under similar conditions, with the decision requiring a majority vote from the board [3]. - The company must notify the affected director or senior management before the meeting and allow them to defend themselves [3]. Group 3: Transition and Responsibilities - Departing directors and senior management must ensure a smooth transition by handing over all relevant documents and ongoing tasks to their successors [4]. - The company will review all public commitments made by the departing individuals during their tenure [4]. - Departing individuals are still required to fulfill any uncompleted commitments and the company will monitor compliance [5]. Group 4: Ongoing Obligations - The obligations of loyalty and confidentiality continue after the end of their term, with responsibilities not being terminated by resignation [5]. - The company retains the right to pursue legal action against former directors or senior management for any violations during their tenure [5]. - Departing individuals must not interfere with the company's operations or harm the interests of the company and its shareholders [6]. Group 5: Additional Provisions - Any unresolved issues related to legal disputes or business matters must be actively managed by departing individuals [6]. - The board is responsible for interpreting and amending this management system [6]. - The system becomes effective upon approval by the board [6].

深圳市沃特新材料股份有限公司 董事、高级管理人员持有和买卖公司股票管理制度 《证券法》《上市公司董事和高级管理人员所持本公司股份及其变动管理规则》 《深圳证券交易所上市公司自律监管指引第 10 号——股份变动管理》《上市公 司股东减持股份管理暂行办法》《深圳证券交易所股票上市规则》《深圳证券交 易所上市公司自律监管指引第 18 号——股东及董事、高级管理人员减持股份实 施细则》等有关法律法规及《深圳市沃特新材料股份有限公司章程》（以下简称 "《公司章程》"）的有关规定，制定本制度。 第二条 本制度适用于公司董事、高级管理人员、本制度第二十五条规定的 自然人、法人或其他组织持有和买卖公司股票的管理。 第三条 本制度所指高级管理人员指《公司章程》规定的，由公司董事会聘 任的公司高级管理人员及《公司章程》规定的其他公司高级管理人员。 第四条 公司董事、高级管理人员所持公司股份，是指本人普通证券账户、 信用证券账户以及利用他人账户持有的本公司股份。 第五条 公司董事、高级管理人员买卖本公司股票，应遵守法律法规、深圳 证券交易所相关规定以及公司章程等规定。 公司董事和高级管理人员对持有股份比例、持有期限、变动方式、变动 ...

Core Points - The company is Shenzhen WOTE Advanced Materials Co., Ltd., established as a joint-stock company from a limited liability company, with a registered capital of RMB 263.203565 million [3][4][18] - The company aims to create the best economic and social benefits, returning value to shareholders and society [11] - The company operates in the field of advanced materials, including new engineering plastics, high-performance composite materials, carbon materials, and environmental materials [11][12] Chapter Summaries General Principles - The company is governed by its articles of association, which are legally binding for the company, shareholders, directors, and senior management [5] - The chairman serves as the legal representative of the company, and the company is liable for civil activities conducted by the legal representative [7][8] Business Objectives and Scope - The company's business objectives emphasize integrity and customer satisfaction [11] - The operational scope includes technology development and domestic trade of various advanced materials, equipment leasing, economic information consulting, and import-export business [11][12] Shares - The company's shares are issued in the form of stocks, with equal rights for each share [13][14] - The total number of shares is 263.203565 million, all of which are ordinary shares [18] Shareholder Rights and Responsibilities - Shareholders have rights to dividends, attend meetings, supervise operations, and access company documents [31][32] - Shareholders must comply with laws and the company's articles of association, and they are liable for their subscribed shares [37][19] Shareholder Meetings - The company holds annual and temporary shareholder meetings, with specific procedures for calling and conducting these meetings [46][48] - Shareholder proposals must be submitted in advance, and the company must provide adequate notice of meetings [57][60] Financial Assistance and Guarantees - The company can provide financial assistance and guarantees, subject to shareholder approval for significant amounts [45][44] - Specific thresholds for transactions requiring shareholder approval are established, ensuring transparency and accountability [43][24]

深圳市沃特新材料股份有限公司 募集资金管理办法 第一章 总 则 第一条 为规范深圳市沃特新材料股份有限公司（以下简称"公司"）募集资 金管理和运用，提高募集资金使用的效率和效益，保障募集资金安全，保护投资 者利益，根据《公司法》《证券法》《上市公司募集资金监管规则》《深圳证券 交易所股票上市规则》《深圳证券交易所上市公司自律监管指引第 1 号——主板 上市公司规范运作》等有关法律法规及《深圳市沃特新材料股份有限公司章程》 （以下简称"《公司章程》"）的有关规定，制定本办法。 第二条 本办法所称募集资金是指公司通过发行股票或者其他具有股权性 质的证券，向投资者募集并用于特定用途的资金，不包括公司为实施股权激励计 划募集的资金。超募资金是指实际募集资金净额超过计划募集资金金额的部分。 第三条 募集资金的使用应遵循集中管理、预算控制、规范运作、公开透明 的原则，且公司董事会负责健全并确保本办法的有效实施。 第四条 募集资金投资项目（以下简称"募投项目"）通过公司的全资、控股 子公司实施的，该全资或控股子公司应遵守本办法。 第五条 公司应当审慎使用募集资金，并应严格按照股东会审议通过的投资 项目进行投资，保证募集资金 ...

深圳市沃特新材料股份有限公司 董事会战略委员会工作细则 第一章 总 则 第一条 为使战略委员会（以下简称"委员会"）规范化、制度化，提高工 作效率、工作质量，根据《公司法》《证券法》《上市公司治理准则》《深圳证券 交易所股票上市规则》《深圳证券交易所上市公司自律监管指引第 1 号——主板 上市公司规范运作》等有关法律法规及《深圳市沃特新材料股份有限公司章程》 （以下简称"《公司章程》"）的有关规定，制定本细则。 第二条 委员会是深圳市沃特新材料股份有限公司（以下简称"公司"）董 事会下设的专门机构，对董事会负责，主要对公司长期发展战略规划、重大战略 性投资进行研究，向董事会提出合理化建议，对公司发展项目进行审查，向董事 会报告工作并对董事会负责。 第四条 委员会设主任委员一人，由委员会全体委员选举过半数产生。 第五条 委员会成员应当具备以下条件： （一）熟悉国家有关法律、法规；具有专业知识；熟悉公司的经营管理工作； （二）遵守诚信原则，廉洁自律、忠于职守，为维护公司和股东权益，积极 开展工作； （三）具有较强的综合分析和判断能力，能处理复杂的涉及公司发展战略、 重大投资方面的问题，并具备独立工作能力。 第六条 ...

Core Viewpoint - The document outlines the management system for the deferral and exemption of information disclosure by Shenzhen Water New Materials Co., Ltd, aiming to ensure compliance with legal obligations and protect investors' rights [1][2]. Group 1: General Principles - The system is established to regulate the deferral and exemption of information disclosure, ensuring that the company and related parties fulfill their disclosure obligations in accordance with relevant laws and regulations [1]. - Information disclosure obligations apply to various stakeholders, including the company's board of directors, senior management, shareholders, and other relevant parties [2][3]. Group 2: Conditions for Deferral and Exemption - Information can be deferred or exempted from disclosure if it falls under specific circumstances outlined in the regulations, such as being a temporary business secret or if timely disclosure could harm the company's interests or mislead investors [2][4]. - The definition of business secrets and state secrets is provided, emphasizing the need for confidentiality and the potential risks of disclosure [3]. Group 3: Internal Review Procedures - A detailed internal review process is established for handling deferral and exemption requests, requiring documentation and approval from the board of directors [5][6]. - The company must maintain records of deferred or exempted information, including reasons for deferral and the identities of individuals privy to the information [5][6]. Group 4: Accountability and Compliance - The company has established a mechanism for accountability regarding the deferral and exemption of information disclosure, with potential penalties for those who fail to comply with the established procedures [6][7]. - The document emphasizes adherence to the rules set forth by the Shenzhen Stock Exchange and other regulatory bodies [7].