Group 1 - The core viewpoint is that CICC has initiated coverage on Nantong Jiangshan Chemical Co., Ltd. with an "Outperform" rating [1] - The target price is set at 28.66 yuan, indicating a potential upside of 32% from the stock's latest price [1]

Group 1 - The company Zhejiang Weihua New Materials Co., Ltd. plans to acquire a controlling stake in Jiangsu Heyutai Chemical Co., Ltd. through cash payment, with the specific acquisition ratio to be determined after further negotiation and due diligence [2][3] - The signed intention agreement is a preliminary arrangement and does not constitute a basis for the equity acquisition; the final terms will be established in a formal equity acquisition agreement [2][3] - The acquisition is still in the planning stage, and the impact on the company's operating performance for the current year cannot be estimated at this stage [2][8] Group 2 - Jiangsu Heyutai Chemical Co., Ltd. specializes in the manufacturing and processing of pesticides and chemical products, with a registered capital of 120 million RMB [6][7] - The company has a strong product portfolio in the agricultural chemical sector, including herbicides, fungicides, and plant growth regulators, which could enhance the acquirer's competitive position in the industry [8] Group 3 - The transaction is not classified as a related party transaction and does not currently meet the criteria for a major asset restructuring as per relevant regulations [10]

证券日报网讯广康生化（300804）7月31日在互动平台回答投资者提问时表示，公司目前未直接面向终 端市场销售卫生用药产品。该类产品主要供应给跨国企业，由其负责后续的对外销售，相关收入在公司 整体营收中占比较小。经核实，公司目前拥有登记证号WP开头的产品6个。 ...

Core Points - The company has completed the registration of changes in business operations, specifically regarding the legal representative [1] - Wang Li has been elected as the chairman of the board and is now the legal representative of the company [1] - The new business license reflects the updated legal representative while other registration details remain unchanged [1] Company Information - Company Name: Nantong Jiangshan Pesticide Chemical Co., Ltd [1] - Unified Social Credit Code: 91320600138299113X [1] - Type: Joint-stock company (listed) [1] - Legal Representative: Wang Li [1] - Registered Capital: 430.65 million yuan [1] - Establishment Date: October 18, 1990 [1] - Address: 998 Jiangshan Road, Nantong Economic and Technological Development Zone [1] - Business Scope: Manufacturing and sales of chemical pesticides, organic and inorganic chemicals, polymer materials, and other related products [1]

General Principles - The company establishes an insider information management system to regulate insider information and enhance confidentiality, ensuring fair and open information disclosure in accordance with relevant laws and regulations [1][2] - The board of directors is responsible for managing insider information, ensuring the accuracy and completeness of insider information records, with the chairman overseeing confidentiality efforts [1][2] Insider Information and Insiders - Insider information refers to non-public information that significantly impacts the company's operations, finances, or stock prices, as defined by the Securities Law [2][3] - The scope of insider information includes major events that could affect stock trading prices, such as significant asset transactions exceeding 30% of total assets, changes in control, and bankruptcy proceedings [2][3] - Insiders include company directors, senior management, major shareholders, and other individuals who can access insider information due to their roles or relationships with the company [3][4] Registration and Record-Keeping - The company must maintain a record of insiders before public disclosure, including details such as names, positions, and the nature of the insider information [4][5] - Insiders are required to cooperate in maintaining accurate records and must inform the company of any changes in insider status [4][5] Confidentiality Management - All insiders must sign confidentiality agreements to limit the dissemination of insider information before it is publicly disclosed [7][8] - Insiders are prohibited from trading company securities or advising others to trade based on insider information [8][9] - The company must conduct self-checks on insider trading activities and report any violations to regulatory authorities [9][10] Penalties for Violations - Violations of the insider information management system may result in disciplinary actions, including warnings, demotions, or legal consequences [9][10] - The company retains the right to pursue legal action against individuals who disclose insider information without authorization, especially if it results in significant losses [10][11]

Core Viewpoint - The company plans to cancel its supervisory board and amend its articles of association in accordance with the latest regulatory framework and its actual situation, transferring the supervisory functions to the audit committee of the board of directors [1][2]. Summary by Sections Cancellation of Supervisory Board and Amendment of Articles of Association - The decision to cancel the supervisory board and amend the articles of association was made during the 20th meeting of the 9th board of directors on July 26, 2025 [1]. - The supervisory board's functions will be assumed by the audit committee of the board of directors, and related rules will be abolished [1][2]. Reasons for Changes - The changes are in line with the revised Company Law of the People's Republic of China (2023) and related guidelines issued by the China Securities Regulatory Commission [1][2]. - The amendments aim to enhance the company's governance structure [2]. Specific Amendments to Articles of Association - The first article will be revised to include the protection of the rights of employees along with shareholders and creditors [2]. - The role of the legal representative will now be held by the chairman of the board, with specific provisions for the appointment of a new legal representative within 30 days if the chairman resigns [2][3]. - The company will bear civil liability for damages caused by the legal representative while performing their duties, with the right to seek compensation from the representative if they are at fault [3]. - The articles will clarify that shareholders are only liable for the company's debts to the extent of their subscribed shares, while the company is liable for its debts with all its assets [4]. - The amendments will also specify the rights and obligations of shareholders, including the right to sue the company and its directors [5][6]. Governance and Shareholder Rights - The company will ensure that the governance structure is compliant with the latest regulations, enhancing transparency and accountability [2][5]. - Shareholders will retain rights to supervise the company's operations and make inquiries, as well as the right to transfer, gift, or pledge their shares [15][16]. Financial and Operational Guidelines - The company will adhere to principles of fairness and transparency in issuing shares, ensuring equal rights for all shareholders [6][7]. - The company will not provide financial assistance for acquiring its shares, except for employee stock ownership plans [7][8]. Meeting and Voting Procedures - The company will establish clear procedures for convening shareholder meetings and making decisions, ensuring compliance with legal requirements [18][19]. - The board of directors will be responsible for ensuring that all resolutions passed at shareholder meetings are executed in accordance with the law [18][19].

Core Points - The document outlines the management system for the resignation of directors at Nantong Jiangshan Pesticide Chemical Co., Ltd, aiming to ensure stability in corporate governance and protect the rights of shareholders [1][2]. Group 1: General Principles - The resignation management system is based on principles of legality, transparency, smooth transition, and protection of shareholder rights [1]. - The system applies to various resignation scenarios, including term expiration, voluntary resignation, and dismissal [2]. Group 2: Resignation Procedures - Directors must submit a written resignation report, which becomes effective upon receipt by the company [2]. - The company is required to disclose the resignation details within two trading days and complete the re-election of directors within 60 days [2][3]. Group 3: Responsibilities and Obligations - Directors must complete handover procedures within five days of resignation, including transferring relevant documents and responsibilities [4]. - Former directors remain obligated to fulfill any public commitments made during their tenure, even after resignation [4][5]. Group 4: Shareholding Management - Directors are prohibited from transferring their shares within six months post-resignation and must adhere to specific regulations regarding shareholding during their term [6]. - The board secretary is responsible for supervising the shareholding changes of resigned directors and reporting to regulatory authorities if necessary [6].

南通江山农药化工股份有限公司 （2025年修订） 第一章 总 则 第一条 为了提高公司的规范运作水平，增强信息披露的真实性、准确性、完 整性和及时性，提高年报信息披露的质量和透明度，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》）、 《上市公司信息披露管理办法》《上海证券交易所股票上市规则》等法律、法规、 规范性文件以及《南通江山农药化工股份有限公司》（以下简称《公司章程》）、 《南通江山农药化工股份有限公司信息披露事务管理制度》（以下简称《信息披露 事务管理制度》）等规定，结合公司实际情况，制定本制度。 第二条 本制度所指责任追究制度是指年报信息披露工作中有关人员不履行或 者不正确履行职责、义务或其他个人原因，导致年报信息披露出现重大差错，对公 司造成重大经济损失或造成不良社会影响时的追究与处理制度。 第三条 本制度适用于公司董事、高级管理人员、各子公司负责人、控股股东 及实际控制人以及与年报信息披露工作有关的其他人员。 第四条 实行责任追究制度，应遵循以下原则：实事求是、客观公正、有错必 究；过错与责任相适应；责任与权利对等。 第五条 公司董事会办公室在 ...

南通江山农药化工股份有限公司 总经理工作细则 （2025 年修订） 第一章 总则 第一条 为进一步完善公司法人治理结构，明确总经理的职权、职责，规范 总经理的行为，根据《中华人民共和国公司法》 《中华人民共和国证券法》 《上海 《上海证券交易所上市公司自律监管指引第 1 号-规范 证券交易所股票上市规则》 运作》等法律、法规、规范性文件以及《南通江山农药化工股份有限公司章程》 （以下简称《公司章程》）等规定，制定本工作细则。 第二条 公司设总经理一名；设常务副总经理 1 名、副总经理若干名。 公司总经理、常务副总经理、副总经理、董事会秘书、财务负责人（财务总 监）以及公司董事会确认担任重要职务的其他人员为公司高级管理人员，由董事 会聘任或者解聘。 第三条 总经理对董事会负责，组织实施董事会决议并报告工作。 第四条 公司总经理由董事长提名，董事会审议聘任。公司董事可兼职总经 理，也可向公司内部或社会招聘职业经理人担任。 （五）制定公司的具体规章； （六）提请董事会聘任或解聘公司常务副总经理、副总经理、财务负责人（财 务总监）等高级管理人员； 第五条 总经理每届任期三年，连聘可以连任。 第六条 总经理及其他高级管 ...

南通江山农药化工股份有限公司 会计师事务所选聘制度 （2025 年修订） 第一章 总则 第一条 为规范南通江山农药化工股份有限公司（以下简称"公司"）选聘会 计师事务所（含续聘、改聘，下同）的行为，提高财务信息质量，保证财务信息 的真实性和连续性，切实维护股东利益，根据《中华人民共和国公司法》《中华 人民共和国证券法》 《国有企业、上市公司选聘会计师事务所管理办法》等法律、 法规、规范性文件以及《南通江山农药化工股份有限公司章程》（以下简称《公 司章程》）等规定，制定本制度。 第二章 会计师事务所执业质量要求 第五条 公司选聘的会计师事务所应当具有证券期货相关业务资格，具有良 好的执业质量记录，并满足下列条件： （一）具有独立的法人资格，具备国家行业主管部门和中国证监会规定的开 展证券期货相关业务所需的执业资格； （二）具有固定的工作场所、健全的组织机构和完善的内部管理和控制制度； （三）熟悉国家有关财务会计方面的法律、法规、规章和政策； （四）具有完成审计任务和确保审计质量的注册会计师； （五）认真执行有关财务审计的法律、法规、规章和政策规定，具有良好的 社会声誉和执业质量记录； 第二条 本制度所称选聘会计 ...