北京德恒律师事务所 关于金字火腿股份有限公司 法律意见 北京市西城区金融街 19 号富凯大厦 B 座 12 层 电话:010-52682888 传真:010-52682999 邮编:100033 北京德恒律师事务所 关于金字火腿股份有限公司 2025 年第一次临时股东大会的法律意见 北京德恒律师事务所 关于金字火腿股份有限公司 法律意见 德恒 01G20230352-7 号 致：金字火腿股份有限公司 北京德恒律师事务所（以下简称"本所"）接受金字火腿股份有限公司（以 下简称"公司"或"金字火腿"）的委托，就公司召开 2025 年第一次临时股东大 会（以下简称"本次股东大会"或"本次会议"）的有关事宜出具法律意见。 本所及本所律师根据《中华人民共和国公司法》（以下简称"《公司法》"）、 《中华人民共和国证券法》 （以下简称"《证券法》"）、 《上市公司股东会规则》 （以 下简称"《股东会规则》"）、《金字火腿股份有限公司章程》（以下简称"《公司章 程》 "）的相关规定，按照律师行业公认的业务标准、道德规范和勤勉尽责精神， 就本次股东大会的召集、召开程序、出席会议人员资格、召集人资格、会议的表 决程序、表决结果等 ...

证券代码：002149 证券简称：西部材料 公告编号：2025-026 西部金属材料股份有限公司 关于召开 2025 年第二次临时股东大会的通知 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。 一、召开会议的基本情况 下简称"公司"）2025年第二次临时股东大会。 十七次会议审议通过。 法规、部门规章、规范性文件和《公司章程》的规定。 （1）在股权登记日持有公司股份的普通股股东或其代理人； 于股权登记日下午收市时在结算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（授权委托书模板详见附件2）。 （2）公司董事、监事和高级管理人员； （3）公司聘请的律师； （4）根据相关法规应当出席股东大会的其他人员。 司泾渭工业园会议中心会议室-1。 二、会议审议事项 现场会议召开时间：2025年8月1日（星期五）下午14:30。 网络投票时间：2025年8月1日。 其中：通过深圳证券交易所交易系统进行网络投票的具体时间为2025年8月1 日9:15～9:25、9:30～11:30、13:00 ...

公司于 2025 年 7 月 1 日披露了《关于召开 2025 年第一次临时股东大会的通 知》（公告编号：2025-038）。 证券代码：002515 证券简称：金字火腿 公告编号：2025-041 金字火腿股份有限公司 本公司及董事会全体成员保证信息披露内容真实、准确和完整，没有虚假记载、误导性 陈述或者重大遗漏。 特别提示 一、会议通知情况 二、会议召开情况 （一）会议召开时间： 现场会议召开时间：2025 年 7 月 16 日（星期三）下午 2:00 网络投票时间 2025 年 7 月 16 日，其中，通过深圳证券交易所交易系统进行 网络投票的时间为：2025 年 7 月 16 日 9：15—9：25、9：30—11：30 和 13： （二）现场会议召开地点：浙江省金华市工业园区金帆街 1000 号会议室 （三）现场会议召集人：公司董事会 （四）会议召开方式：现场表决及网络投票相结合的方式 （五）会议主持人：公司董事长任奇峰先生 （六）本次会议的召集和召开符合《中华人民共和国公司法》《深圳证券交 易所股票上市规则》《上市公司股东会规则》等法律法规、规范性文件及《公司 章程》的有关规定。 三、会议的出席情 ...

Core Viewpoint - Jiangsu Kangrui New Materials Technology Co., Ltd. (Kangrui New Materials) has changed its review status to "inquired" as it plans to go public on the Shenzhen Stock Exchange, aiming to raise approximately 1.105 billion RMB for various projects and working capital [1][3]. Group 1: Company Overview - Kangrui New Materials submitted its prospectus on June 26, 2025, for listing on the Shenzhen Stock Exchange [1]. - The company specializes in the research, production, and sales of high-precision, high-performance, and specific structure precision metal materials, primarily serving the consumer electronics sector [3]. - Key clients in the consumer electronics field include major companies such as X and Y, with stable partnerships with manufacturers like Foxconn, BYD, and Lens Technology [3]. Group 2: Financial Performance - Revenue for Kangrui New Materials was approximately 1.053 billion RMB in 2022, 2.486 billion RMB in 2023, and is projected to reach 2.998 billion RMB in 2024 [3]. - Net profit figures were around 47.56 million RMB in 2022, 229 million RMB in 2023, and are expected to be 440 million RMB in 2024 [3]. - The company has shown rapid growth, with a significant increase in both revenue and net profit over the past three years [3]. Group 3: Financial Metrics - Total assets as of December 31, 2024, are reported at approximately 2.670 billion RMB, with equity attributable to shareholders at about 1.328 billion RMB [4]. - The asset-liability ratio for the parent company is 30.51% for 2024, down from 40.98% in 2023 [4]. - Basic earnings per share are projected to be 7.25 RMB for 2024, up from 4.43 RMB in 2023 [4]. Group 4: Shareholding Structure - The controlling shareholder of Kangrui New Materials is Jiangyin Kangde, holding 33.21% of the shares, with Zhu Wei as the actual controller [6][7]. - Zhu Wei and LI LI collectively control 72.52% of the company, with Zhu directly holding 17.54% and LI holding 5.55% [7]. - Recent capital increases and share transfers have involved significant investments from various funds, including a total of approximately 330 million RMB in September 2023 [5].

Summary of the Conference Call for Feiliwa Company Overview - Feiliwa is strategically expanding its business into high-value areas, including aerospace, semiconductors, optics, and emerging sectors like electronic fabrics and transparent ceramics, aiming for diversified growth [2][15]. Key Industry Insights Aerospace Sector - Feiliwa has over 40 years of technical accumulation, leading the supply of quartz fiber and expanding into secondary structural components, benefiting from the strong demand for high-temperature, wave-transmitting, and thermal insulation materials for hypersonic vehicles [2][5]. - The company’s quartz fiber is crucial for hypersonic vehicles, which require materials that can withstand temperatures exceeding 1,200 degrees Celsius, have excellent wave transmission properties, and provide thermal insulation [4]. Semiconductor Sector - Feiliwa has become the fifth global company certified by overseas original equipment manufacturers, holding approximately 15% of the global market share in the semiconductor quartz sector [2][8]. - The semiconductor quartz industry chain includes four segments: raw sand, materials, products, and equipment certification, with Feiliwa holding a competitive edge in materials and products [7][8]. Optical Sector - The company is focusing on precision processing of panel and IC photomasks to break the monopoly of foreign manufacturers and achieve domestic self-sufficiency [2][9]. Emerging Directions - Feiliwa is developing ultra-thin electronic fabrics and transparent ceramics, with the electronic fabric expected to meet the high-frequency and high-speed transmission requirements of the market [2][10][11]. - The transparent ceramic product, developed in collaboration with Wuhan University of Technology, aims to replace tempered glass in armored vehicles, offering superior bulletproof performance while being lighter and thinner [13]. Financial Performance and Projections - Feiliwa expects a pure operating profit of approximately 550 million yuan in 2025, with a projected growth rate exceeding 35% in the following years [3][14]. - The electronic department is anticipated to double its current performance within the next two to three years, indicating strong growth potential [3][14]. Competitive Advantages - Feiliwa's competitive advantages lie in its long-standing experience in aerospace quartz fiber development, a robust patent portfolio, and the ability to produce high-quality electronic fabrics at lower prices compared to overseas competitors [11][12]. - The company plans to expand its production capacity significantly, aiming for an annual output of 20 million meters of electronic fabric by 2027-2028 [11][12]. Conclusion - Feiliwa's strategic focus on high-value sectors, combined with its technological expertise and market positioning, suggests a strong growth trajectory in the coming years, with significant contributions expected from its core business areas and emerging sectors [2][14][15].

Core Viewpoint - The controlling shareholder of Hoshine Silicon Industry, Ningbo Hoshine Group, plans to transfer 5.08% of its shares to Xiao Xiugan for a total price of 2.634 billion yuan, highlighting the financial difficulties faced by Hoshine Group while indicating Xiao's strong financial capability [2][6][13]. Group 1: Share Transfer Details - Hoshine Group signed a share transfer agreement with Xiao Xiugan, where the transfer price is set at 43.90 yuan per share, totaling 2.634 billion yuan [3][6]. - The share price at the close on July 16 was 48.71 yuan, indicating a discount of nearly 10% for Xiao's acquisition [6]. - If the transaction is completed, Xiao Xiugan will become the fourth largest shareholder of Hoshine Silicon, holding 5.08% of the shares [7][10]. Group 2: Financial Context - Hoshine Group has indicated a need for funds, having previously signaled financial strain through multiple share pledges to raise liquidity for operational needs [13][15]. - The group and its concerted actions have pledged a total of 451 million shares, representing 48.52% of their holdings and 38.13% of Hoshine Silicon's total share capital [15][16]. - Hoshine Silicon is expected to report a net loss of 300 million to 400 million yuan for the first half of 2025, a significant decline from previous profits, primarily due to weak downstream demand in the industrial silicon market [18]. Group 3: Market Conditions - The overall demand in the photovoltaic industry has weakened, leading to a low operating rate for polysilicon and a significant drop in prices for both industrial silicon and polysilicon [18]. - The company has noted a marked decline in sales prices for industrial silicon, exacerbated by a cooling demand in the market [18].

Core Viewpoint - The controlling shareholder of Hoshine Silicon Industry plans to transfer 5.08% of its shares to Xiao Xiugan for a total price of 2.634 billion yuan, highlighting the financial difficulties faced by Hoshine Group while indicating Xiao's strong financial capability [2][10][19]. Group 1: Share Transfer Details - Hoshine Group signed a share transfer agreement with Xiao Xiugan on July 16, 2023, to transfer 5.08% of Hoshine Silicon's shares at a price of 43.90 yuan per share, totaling 2.634 billion yuan [8][10]. - Following the transaction, Xiao Xiugan will become the fourth largest shareholder of Hoshine Silicon, holding 5.08% of the shares [13][19]. - Before the transaction, Hoshine Group and its concerted actions held 78.59% of Hoshine Silicon's shares, which will decrease to 73.51% post-transaction [16][19]. Group 2: Financial Context - Hoshine Group has been signaling financial distress, having pledged shares multiple times to raise funds for operational needs [18][19]. - The company has indicated that the share transfer is primarily driven by its own funding requirements and the developmental needs of the listed company [19]. - Hoshine Silicon is expected to report a net loss for the first half of 2025, attributed to weak downstream demand in the industrial silicon sector [24][25]. Group 3: Market Conditions - The photovoltaic industry is experiencing a downturn, with low operating rates for polysilicon and a significant decline in prices for industrial silicon and polysilicon due to supply-demand imbalances [24]. - The company has noted a substantial drop in sales prices for industrial silicon compared to the previous year, reflecting broader market challenges [24].

7月16日至20日，第三届中国国际供应链促进博览会（简称"链博会"）在京举办。作为全球首个以供应链为主题的国家级展会，本届链博会吸引了650余家企 业和机构参展，涉及75个国家、地区和国际组织。 作为奶业"链主"企业，伊利集团已连续三届受邀参会，并于7月16日在伊利展厅举办了"中国牛奶 品质领先"首个奶业供应链品质公约发布会。 伊利集团副总裁徐克表示，《中国奶业供应链品质公约》的发布正是对全行业品质承诺的集中践行。伊利倡议以全链品质铸就一杯中国好奶，让世界看到中 国奶业供应链的硬核实力，为全球奶业高质量发展书写中国答卷。 这份凝聚行业共识的公约，标志着中国奶业迈向更高标准、更严要求的新阶段，持续守护消费者"舌尖上的美味与安全"。 "链主"引领，擘画奶业高质量发展蓝图 随后，王永胜院长对报告进行了深入解读。他指出奶业产业链供应链发展仍存在六大问题，分别是奶业育种领域创新能力有待增强，关键技术和核心产品依 靠进口，优质饲草进口依赖度高，农机设备国产替代不足，乳品生产结构不优以及干乳制品消费占比低。 "伊利集团作为奶业的龙头企业，以全链高质量发展向世界展示了中国奶业的现代化蜕变。"中国国际商会部长洪锡国在开场致辞中 ...

"此次合作不仅是我们优质产品获得国际市场高度认可的有力证明，更是企业积极响应共建'一带一 路'倡议，深化与上合组织成员国基础设施建设互联互通的生动实践。我们能为塔什干这座古老而又充 满活力的城市添砖加瓦、贡献力量而感到骄傲。此外，即将在天津召开的上合组织峰会，也将助力外贸 企业开拓更广阔的国际市场，创造多维度的发展机遇。"赵普说。 中新网天津7月16日电 (江莹)日前，天津企业又接到来自上合组织成员国的海外订单，近万吨钢管产品 将运往乌兹别克斯坦，为素有"太阳城"之称的塔什干新城项目构建"钢筋铁骨"。 天津源泰德润集团出口部经理赵普介绍："最近，乌兹别克斯坦塔什干新城建设正如火如荼，对材料的 需求量较大。在经过多方比较后，最终选择了我们企业的钢管产品。"据了解，塔什干作为中亚地区的 重要枢纽城市，其发展建设对于区域经济繁荣意义重大。天津源泰德润集团凭借在钢管制造领域深厚的 技术积淀、严格的质量管控体系以及强大的供应保障能力，成功成为塔什干新城项目的重要合作伙伴， 为塔什干新城的建设提供了近1万吨高品质的钢管产品。 钢铁制品作为天津静海的优势产业，年加工能力突破3800万吨，焊管年产量达1700万吨，形成了中国 ...

Investment Rating - The report initiates coverage with a "Buy" rating for the company [6]. Core Views - The company is positioned to benefit from the upward cycle of the beef market, with expectations of profit recovery and growth driven by its strong brand and integrated meat industry chain [4][71]. - The company has a long history and has developed a comprehensive meat industry chain, enhancing its competitive edge [10][11]. Summary by Sections 1. Company Overview - The company, established in 1930, has evolved from a small workshop to a comprehensive meat industry player, focusing on high-quality products and brand development [10]. - It operates a full industry chain including feed production, breeding, slaughtering, and meat processing, which forms its core competitive advantage [11]. 2. Beef Market Cycle - The beef market is expected to experience a cyclical upturn, influenced by both domestic and international supply factors [30]. - The report highlights the low concentration in China's beef market, suggesting potential for significant price elasticity and recovery following capacity adjustments [49][51]. - Major beef-producing countries are anticipated to see price improvements that will positively impact the domestic market [56]. 3. Business Segments - The company controls New Zealand's largest beef slaughtering enterprise, Silver Fern Farms, which enhances its global trade capabilities [73]. - The brand "Guanshengyuan" is a key asset, with a strong market presence in various food categories, contributing to the company's long-term performance stability [2]. - The company is a major player in the pig farming sector, ensuring stable supply and collaboration across the entire meat production chain [2][3]. 4. Financial Forecast and Investment Recommendations - Projected net profits for 2025, 2026, and 2027 are estimated at 431 million, 680 million, and 769 million yuan respectively, with corresponding EPS of 0.46, 0.73, and 0.82 yuan [5]. - The company is expected to benefit from the beef cycle's upward trend, leveraging its core competencies in the meat industry [4][71].