浙江中欣氟材股份有限公司 法》 《上市公司监管指引第 5 号——上市公司内幕信息知情人登记管理制度》 《深 圳证券交易所上市公司自律监管指引第 5 号——信息披露事务管理》《深圳证券 交易所股票上市规则》等有关法律、法规、规范性文件及《浙江中欣氟材股份有 限公司章程》（以下简称《公司章程》）的规定，制定本制度。 内幕信息及知情人管理制度 （2025 年 7 月） 第一章 总 则 第一条 为了进一步规范浙江中欣氟材股份有限公司（以下简称"公司"）内 幕信息管理行为，加强公司内幕信息保密工作，维护信息披露的公平原则，根据 《中华人民共和国公司法》 《中华人民共和国证券法》 《上市公司信息披露管理办 第二条 公司董事会应当保证内幕信息知情人档案真实、准确和完整，董事 长为主要责任人。董事会秘书负责办理上市公司内幕信息知情人的登记入档和备 案事宜。 第三条 内幕信息知情人内幕信息公开前负有保密责任和义务。 在内幕信息披露前，公司及董事、高级管理人员、相关信息披露义务人和其 他知情人应当将该信息的知情人控制在最小范围内，不得公开或者泄露该信息， 不得利用内幕信息买卖或建议他人买卖公司股票及其衍生品，不得进行内幕交易 或 ...

浙江中欣氟材股份有限公司 会计师事务所选聘制度 （2025 年 7 月） 第一条 为规范浙江中欣氟材股份有限公司（以下简称"公司"）选聘（含续 聘、改聘）会计师事务所的行为，切实维护股东利益，提高财务信息质量，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》等有关法律、法规、规范性文件，结合《浙江中欣氟 材股份有限公司章程》（以下简称《公司章程》）及公司实际情况，制定本制度。 第二条 本制度所称选聘会计师事务所，是指公司根据相关法律法规要求， 聘任会计师事务所对公司财务会计报告发表审计意见、出具审计报告的行为。 公司聘任会计师事务所从事除财务会计报告审计之外的其他法定审计业务的， 视重要性程度可参照本制度执行。 （一）具有独立的主体资格，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）认真执行国家有关财务审计的法律法规、规章和政策规定，具有良好 ...

Group 1 - The acrylic acid concept sector increased by 2.35%, ranking third in terms of growth among concept sectors, with nine stocks rising, including Shenyang Chemical, which hit the daily limit, and Wanhua Chemical, Huayi Group, and Benli Technology, which rose by 8.29%, 7.41%, and 4.28% respectively [1][2] - The main capital inflow into the acrylic acid concept sector was 875 million yuan, with six stocks receiving net inflows, led by Wanhua Chemical with a net inflow of 849 million yuan, followed by Guoen Co., Shenyang Chemical, and Satellite Chemical [2][3] - The net inflow ratios for Guoen Co., Wanhua Chemical, and Shenyang Chemical were 12.53%, 12.32%, and 12.09% respectively, indicating strong investor interest in these stocks [3] Group 2 - The top gainers in the acrylic acid concept sector included Wanhua Chemical, which rose by 8.29%, and Shenyang Chemical, which increased by 10.05%, while Guoen Co. experienced a slight decline of 0.29% [3][4] - The overall performance of the acrylic acid concept sector was positive, contrasting with other sectors such as animal vaccines and avian influenza, which saw declines of 0.96% and 0.90% respectively [2][4] - The trading volume and turnover rates for the leading stocks in the acrylic acid sector were notable, with Wanhua Chemical achieving a turnover rate of 3.77% and Shenyang Chemical at 8.40% [3]

债券代码：123168 债券简称：惠云转债 广东惠云钛业股份有限公司 本公司及监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、监事会会议召开情况 广东惠云钛业股份有限公司（以下简称"公司"）第五届监事会第十次会议 于 2025 年 7 月 17 日以现场方式召开，现场会议于云浮市云安区六都镇广东惠云 钛业股份有限公司二楼会议室召开。会议通知于 2025 年 7 月 14 日以电子邮件、 专人送出等方式送达。公司应出席会议监事 3 人，实际出席会议的监事共 3 名， 会议由监事会主席谭月平女士主持。本次会议的召集、召开程序符合有关法律 法规以及《公司章程》的规定。 二、监事会会议审议情况 （一）审议通过《关于使用可转债闲置募集资金进行现金管理的议案》 经审核，监事会认为，公司使用可转债闲置募集资金进行现金管理的事项不会 对公司经营活动造成不利影响，能够更好的实现公司现金的保值增值，保证不影响募 集资金投资项目正常进行的措施，不存在变相改变募集资金用途的行为和损害公司及 全体股东利益的情形。 证券代码：300891 证券简称：惠云钛业 公告编号：2025-053 具体 ...

Core Viewpoint - The company intends to utilize idle funds raised from the issuance of convertible bonds for cash management to enhance fund efficiency while ensuring the safety of the funds and not affecting ongoing investment projects [2][6][7]. Fundraising Basic Situation - The company raised a total of RMB 490 million by issuing 4.9 million convertible bonds at a face value of RMB 100 each, with a net amount of RMB 478.41 million after deducting issuance costs of RMB 11.59 million [2][3]. - The funds were deposited into a designated three-party supervision account on November 29, 2022, verified by an accounting firm [2][3]. Cash Management Purpose - The purpose of cash management is to improve the efficiency of fund usage without impacting daily operations and ensuring the normal progress of investment projects [4][5]. Investment Types and Limits - The company plans to invest up to RMB 58 million of idle funds in low-risk, high-liquidity financial products with a maximum term of one year [5]. - Investment products may include time deposits, structured deposits, and large certificates of deposit [4][5]. Implementation and Approval Process - The board of directors approved the cash management proposal on July 17, 2025, ensuring compliance with relevant regulations and safeguarding shareholder interests [6][7]. - The supervisory board also reviewed and approved the proposal, confirming that it would not adversely affect the company's operations [6][7]. Sponsor's Verification Opinion - The sponsor, Dongguan Securities, confirmed that the company's cash management plan complies with regulatory requirements and has undergone necessary approval processes [7].

Report Industry Investment Rating No relevant information provided. Core View of the Report Overseas methanol production remains at a high level, leading to significant pressure on Chinese imports and a rapid accumulation of port inventories. The MTO plant in Xingxing has a pending maintenance plan, and attention should also be paid to the progress of Nanjing Chengzhi's maintenance or production reduction in late July. The short - term situation at ports remains weak. In the inland areas, short - term maintenance of coal - based methanol has reduced supply. Although the formaldehyde industry in traditional downstream sectors is in a seasonal off - season, the operation rates of MTBE and acetic acid are acceptable, and the inland demand shows strong resilience. The inventory pressure on inland methanol factories is not significant, resulting in a situation where the inland market is stronger than the port market [1][2]. Summary by Directory 1. Methanol Basis & Inter - period Structure The report includes figures showing the basis between methanol in Taicang and the main contract, the basis of methanol spot in different regions against the main futures contract, and the inter - period spreads between different methanol futures contracts such as 01 - 05, 05 - 09, and 09 - 01 [6][10][20]. 2. Methanol Production Profit, MTO Profit, and Import Profit Figures are presented for the production profit of coal - based methanol in Inner Mongolia, the MTO profit in East China, and the import spreads such as the difference between Taicang methanol and CFR China, as well as the price differences between CFR Southeast Asia, FOB US Gulf, FOB Rotterdam, and CFR China [24][25][29]. 3. Methanol Operation Rate and Inventory The report shows figures related to the total port inventory of methanol, the MTO/P operation rate (including integrated plants), the sample inventory of inland factories, and the overall operation rate of Chinese methanol production (including integrated plants) [32][33][35]. 4. Regional Price Differences Figures are provided for various regional price differences, such as the difference between northern Shandong and the northwest, the difference between East China and Inner Mongolia, and the differences between Taicang and southern Shandong, etc. [37][45][48]. 5. Traditional Downstream Profits Figures display the production gross profits of traditional downstream products including formaldehyde in Shandong, acetic acid in Jiangsu, MTBE in Shandong, and dimethyl ether in Henan [49][55][57]. Strategy - Unilateral: Sell short and hedge on the 09 contract when the price is high [3]. - Inter - period: Do reverse spreads on the MA09 - 01 inter - period spread when the spread is high [3]. - Cross - variety: No relevant strategy provided [3].

Group 1 - The company announced new litigation and arbitration matters, with a total of 89 new cases involving an amount of 220.49 million yuan, which accounts for 11.44% of the company's latest audited net assets attributable to shareholders [1][2] - Among the new cases, there is one case with an amount of 44.81 million yuan, while the remaining 88 cases involve approximately 175.68 million yuan [1] - The company has no undisclosed litigation or arbitration matters apart from those already disclosed [1] Group 2 - The impact of the new litigation on the company's current and future profits remains uncertain, and the company will closely monitor the developments and take necessary legal measures to protect its and shareholders' interests [2] - The company will fulfill its information disclosure obligations in accordance with the relevant requirements of the Shenzhen Stock Exchange based on the progress of the litigation [2]

Core Viewpoint - The phosphoric iron market is experiencing significant growth in the first half of 2025, with a production increase of 74.2% year-on-year, reaching 1.403 million tons, which is a notable rise compared to the 43.9% growth in 2024 [1]. Group 1: Market Production and Growth - The production of phosphoric iron in the first half of 2025 is 1.403 million tons, reflecting a year-on-year growth of 74.2% [1]. - The growth rate in 2025 is significantly higher than the 43.9% increase observed in the entire year of 2024 [1]. Group 2: Company Performance - Hunan Yuno and Wanrun New Energy are the only two companies with production exceeding 100,000 tons, leading the first tier of producers [3]. - Four companies, including Bangpu Recycling and Zhongwei Xinyang, have production levels above 50,000 tons, placing them in the second tier [3]. Group 3: Capacity Utilization - There is a significant disparity in capacity utilization among companies, with leading companies like Hunan Yuno and Yuntu New Energy showing higher utilization rates [6]. - In the first tier, companies such as Hunan Yuno and Guizhou Yayou are leading in capacity utilization, while several companies in the second tier have utilization rates exceeding 50% [6]. Group 4: Self-Use vs. External Sales - The majority of phosphoric iron produced is for self-use, with the market split being 58% for self-use and 42% for external sales in the first half of 2025 [8]. - Companies like Hunan Yuno and Wanrun New Energy primarily focus on self-use, and the proportion of self-supplied phosphoric iron is on the rise [8].

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].