| 投资者关系活动 | √ 特定对象调研□分析师会议 | | --- | --- | | 类别 | □媒体采访□业绩说明会 | | | □新闻发布会□路演活动 | | | □现场参观 | | | □其他 | | 参与单位名称及 | 华创证券申起昊 | | 人员姓名 | 鹏华基金杨浩 | | 时间 | 年 月 日 2025 7 2 (周三) 14:30~16:00 | | 地点 | 公司会议室 | | 上市公司接待人 | 1、副总经理、董事会秘书李广袤 | | 员姓名 | 2、证券事务代表 朱少鹏 | | | 1. 2024 年 HIPS 产品销量提升的原因？ | | | 2024 年度，公司 HIPS 产品销量达 93,190.28 吨，较 2023 年 | | | 度增长 48.45%，主要系随着国家推出《推动大规模设备更新和消 | | | 费品以旧换新行动方案》等一系列刺激内需、促进产业升级的政 | | | 策措施相继出台，下游家电、电子电器等行业对原材料增加，带 | | | 动 HIPS 产品销量快速增长。 | | 投资者关系活动 | 2. 公司客户结构情况？ | | 主要内容介绍 | 公司的客户结构主 ...

聚烯烃日报 | 2025-07-02 需求淡季，下游刚需采购 市场分析 价格与基差方面，L主力合约收盘价为7249元/吨（-12），PP主力合约收盘价为7044元/吨（-26），LL华北现货为7190 元/吨（-50），LL华东现货为7300元/吨（-50），PP华东现货为7120元/吨（-40），LL华北基差为-59元/吨（-38），LL 华东基差为51元/吨（-38）， PP华东基差为76元/吨（-14）。 上游供应方面，PE开工率为76.4%（-2.3%），PP开工率为79.3%（-0.3%）。 生产利润方面，PE油制生产利润为378.7元/吨（+19.9），PP油制生产利润为-51.3元/吨（+19.9），PDH制PP生产利 润为274.9元/吨（+6.4）。 进出口方面，LL进口利润为-48.2元/吨（+10.1），PP进口利润为-496.8元/吨（-182.2），PP出口利润为23.2美元/吨 （+1.2）。 下游需求方面，PE下游农膜开工率为12.4%（+0.2%），PE下游包装膜开工率为48.0%（-1.2%），PP下游塑编开工率 为43.2%（-0.4%），PP下游BOPP膜开工率为60.4 ...

摘要：【图】2025年1-5月新疆维吾尔自治区初级形态的塑料产量数据分析 2025年5月初级形态的塑料产量统计： 初级形态的塑料产量：70.1 万吨 同比增长：14.8% 增速较上一年同期变化：高27.4个百分点 据统计，2025年5月新疆维吾尔自治区规模以上工业企业初级形态的塑料产量与上年同期相比增长了 14.8%，达70.1万吨，增速较上一年同期高27.4个百分点，增速较同期全国高4.6个百分点，约占同期全 国规模以上企业初级形态的塑料产量1190万吨的比重为5.9%。 详见下图： 图1：新疆维吾尔自治区初级形态的塑料产量分月（当月值）统计图 同比增长：6.5% 增速较上一年同期变化：高9.4个百分点 据统计，2025年1－5月，新疆维吾尔自治区规模以上工业企业初级形态的塑料产量与上年同期相比增长 了6.5%，达355.5万吨，增速较上一年同期高9.4个百分点，增速较同期全国低3.6个百分点，约占同期全 国规模以上企业初级形态的塑料产量5809.8万吨的比重为6.1%。详见下图： 图2：新疆维吾尔自治区初级形态的塑料产量分月（累计值）统计图 注：初级形态的塑料2004年及以前名称为塑料树脂及共聚物，简称塑 ...

Core Insights - The report highlights the improvement in the manufacturing sector, with the Purchasing Managers' Index (PMI) rising to 49.7% in June, an increase of 0.2 percentage points from the previous month, indicating a continued recovery in manufacturing activity [6] - The establishment of China's first "High-end Non-ferrous Metal Materials Innovation Consortium" is noted, which has successfully overcome key technological challenges in various sectors, including the C919 aircraft [7] Industry Dynamics - The report discusses the launch of a special action for solid waste management, with related stocks including Guotai Environmental Protection (301203) and Huaxin Environmental Protection (301265) [9] - It emphasizes the acceleration of the listing and commercialization of innovative drugs, with relevant stocks such as Hongbo Pharmaceutical (301230) and Xinghao Pharmaceutical (430017) [9] - Significant breakthroughs in regenerative medicine are highlighted, with related companies including Zhenghai Biological (300653) and Guanhao Biological (300238) [9] Company Focus - Zhimingda (688636) plans to raise no more than 213 million yuan for the development and industrialization of embedded computers for unmanned equipment and commercial aerospace, as well as to supplement working capital [11] - Pulite (002324) intends to invest 1 billion yuan to establish a headquarters and R&D manufacturing base for plastic modified materials in South China [11] - Junpu Intelligent (688306) has signed a sales framework contract for humanoid robot products worth approximately 28.25 million yuan [11] Market Review and Outlook - On July 1, the total trading volume of the two markets was 1,466 billion yuan, with 2,512 stocks rising and 2,396 falling, indicating a slight reduction in trading volume by 20.8 billion yuan compared to the previous day [13] - The report notes that the three major indices opened slightly higher and experienced narrow fluctuations, with a strong performance along the five-day moving average, suggesting a potential for continued upward movement [13] - The strongest sectors included military, innovative drugs, and chemicals, while digital currency concepts saw significant declines [13][14] - The report suggests that the current high liquidity environment allows for repeated value plays in hot sectors, primarily focusing on military, chips, batteries, and stablecoins [14]

湖南启元律师事务所 关于 株洲时代新材料科技股份有限公司 向特定对象发行股票 发行过程和认购对象合规性的 法律意见书 二〇二五年六月 湖南省长沙市芙蓉区建湘路 393 号世茂环球金融中心 63 层 电话：0731-82953778 传真：0731-82953779 邮编：410000 网站：www.qiyuan.com 致：株洲时代新材料科技股份有限公司 湖南启元律师事务所（以下简称"本所"）接受株洲时代新材料科技股份有限公 司（以下简称"时代新材"、"发行人"或"公司"）的委托，担任发行人申请向特定 对象发行股票（以下简称"本次发行"）项目的专项法律顾问。 本所根据《中华人民共和国公司法》《中华人民共和国证券法》《上市公司证券 发行注册管理办法》（以下简称"《注册管理办法》"）《证券发行与承销管理办法》 （以下简称"《承销管理办法》"）《上海证券交易所上市公司证券发行与承销业务实 施细则》（以下简称"《实施细则》"）《律师事务所从事证券法律业务管理办法》和 《律师事务所证券法律业务执业规则（试行）》等法律、法规和规范性文件的有关规 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，就本次发行过程和 认 ...

国金证券股份有限公司关于 株洲时代新材料科技股份有限公司 向特定对象发行股票 发行过程和认购对象合规性审核报告 上海证券交易所： 经中国证券监督管理委员会（以下简称"中国证监会"）《关于同意株洲时代新 材料科技股份有限公司向特定对象发行股票注册的批复》（证监许可〔2025〕996 号） 批复，同意株洲时代新材料科技股份有限公司（以下简称"时代新材"、"发行人"、 "公司"）向特定投资者发行人民币普通股（A 股）（以下简称"本次发行"）。 国金证券股份有限公司（以下简称"国金证券"或"保荐人（主承销商）"）作 为时代新材本次发行的保荐人（主承销商），对发行人本次发行股票发行过程和认购 对象合规性进行了审慎核查，认为时代新材本次发行过程及认购对象符合《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》"）《证券发行与承销管理办法》（以下简称"《发行与承销管理办法》"） 《上市公司证券发行注册管理办法》（以下简称"《注册管理办法》"）以及《上海 证券交易所上市公司证券发行与承销业务实施细则》（以下简称"《实施细则》"） 等有关法律、法规、规章制度的要求及发行人董事会、 ...

现将公司根据上述决议使用部分暂时闲置募集资金进行现金管理的实施进展 情况公告如下： 证券代码：002812 股票简称：恩捷股份 公告编号：2025-101 债券代码：128095 债券简称：恩捷转债 云南恩捷新材料股份有限公司 本公司及全体董事保证本公告内容真实、准确和完整，没有虚假记载、 误导性陈述或者重大遗漏。 云南恩捷新材料股份有限公司（以下简称"公司"）于 2025 年 6 月 16 日召开 第五届董事会第四十四次会议，审议通过了《关于使用部分闲置募集资金进行现 金管理的议案》，同意公司在确保不影响募集资金投资计划正常进行的情况下， 使用不超过人民币 30,000.00 万元的 2021 年度非公开发行 A 股股票的闲置募集资 金进行现金管理，适时购买安全性高、流动性好、保本型具有合法经营资格的金 融机构销售的理财类产品或存款类产品。现金管理期限自本事项经董事会审议通 过之日起不超过 12 个月。在上述额度和期限内资金可以滚动使用，同时授权公 司董事长或其授权代表行使该项投资决策权并签署相关合同。具体内容详见公司 于 2025 年 6 月 17 日在《证券时报》《中国证券报》《证券日报》《上海证券报》 ...

Group 1 - The company Qingdao Senqilin Tire Co., Ltd. has issued convertible bonds totaling 2,198.9391 million RMB, which began trading on December 6, 2021 [1] - The initial conversion price of the convertible bonds was set at 34.85 RMB per share, which is based on the average trading price of the company's A-shares [2] - The conversion price was adjusted to 28.52 RMB per share on November 15, 2022, following a trigger event where the stock price fell below 85% of the conversion price [3] Group 2 - The company issued 94,307,847 new ordinary shares at a price of 29.69 RMB per share, which were listed on August 30, 2023, leading to an adjustment of the conversion price to 28.67 RMB per share [5] - The company has conducted share buybacks, resulting in the cancellation of 5,205,569 shares, which further adjusted the conversion price to 28.66 RMB per share effective from January 16, 2024 [6] - The company plans to distribute a cash dividend of 4.10 RMB per 10 shares, which will increase the total share capital to 1,033,288,154 shares, leading to another adjustment of the conversion price to 19.95 RMB per share effective from October 21, 2024 [7] Group 3 - The company has a conversion period for the convertible bonds from May 17, 2022, to November 10, 2027 [9] - As of June 30, 2025, the remaining balance of the convertible bonds is 2,086,117,800 RMB, equivalent to 20,861,178 bonds [9] - The total share capital of the company after recent adjustments stands at 1,035,461,086 shares, with a breakdown of 322,343,001 restricted shares and 713,118,085 unrestricted shares [10]

Core Points - The company, AA Industrial Belting (Shanghai) Co., Ltd., was established in accordance with the Company Law of the People's Republic of China and is registered in Shanghai [1][3] - The company was approved by the China Securities Regulatory Commission to issue 16.67 million shares of common stock to the public on May 5, 2017, and was listed on the Shanghai Stock Exchange on May 25, 2017 [1][3] - The registered capital of the company is RMB 130.6732 million [3][7] - The company aims to use advanced international technology to develop and design precision industrial conveyor belts and mechanical products, achieving competitiveness in the international market [4] Company Structure - The company is a permanent stock company, and its assets are divided into equal shares, with shareholders bearing responsibility limited to their subscribed shares [3][4] - The company has a total of 130.6732 million shares, all of which are common shares [7] - The company’s shares are issued in the form of stocks, with each share having a par value of RMB 1 [6][7] Share Issuance and Capital Increase - The company has conducted capital increases through bonus shares, with a total of 26.668 million shares issued as bonus shares in 2018 and 37.3352 million shares in 2019 [2][7] - The company can increase capital through various methods, including public issuance, private issuance, and bonus shares [8] Shareholder Rights and Responsibilities - Shareholders have rights to dividends, voting, and supervision of company operations, and they are obligated to comply with laws and the company’s articles of association [12][37] - Shareholders holding more than 5% of shares must report any pledges of their shares to the company [38] Shareholder Meetings - The company holds annual and temporary shareholder meetings, with the annual meeting required to be held within six months after the end of the previous fiscal year [18] - Shareholder meetings must be convened in accordance with legal procedures, and shareholders can propose agenda items [52][53] Voting and Resolutions - Resolutions at shareholder meetings can be ordinary or special, with ordinary resolutions requiring more than half of the voting rights and special resolutions requiring two-thirds [75][76] - The company must ensure that voting is conducted fairly, especially for matters affecting minority shareholders [80][81]

Core Viewpoint - Jinpu Titanium Industry (000545.SZ) has initiated a significant capital action in mid-2025 after three consecutive years of losses, planning to acquire Nanjing Lide Dongfang Rubber and Plastic Technology Co., Ltd. (Lide Dongfang) through asset disposal and cash payment, which may serve as a crucial lifeline for the company amid ongoing challenges in its primary titanium dioxide business [1][11]. Group 1: Transaction Details - The transaction will involve a major asset swap, issuance of shares, and cash payment to acquire controlling equity in Lide Dongfang, with the counterparties being Nanjing Jinpu Dongyu Investment Co., Ltd. and Nanjing Hengyutaihe Investment Partnership [2]. - Jinpu Titanium plans to dispose of some of its assets and liabilities as part of this transaction [3]. Group 2: Background of Lide Dongfang - Lide Dongfang is the only domestically autonomous enterprise for high-speed rail rubber hoses and a standard setter for automotive hoses, with products serving various sectors including rail transportation, wind energy, automotive, aerospace, and marine engineering [8]. - The company has seen significant revenue growth, with sales increasing from over 300 million yuan in 2020 to surpassing 1 billion yuan in 2024 [8]. Group 3: Financial Performance of Jinpu Titanium - In 2024, Jinpu Titanium reported total revenue of 2.133 billion yuan, a year-on-year decline of 5.86%, and a net loss of 244 million yuan, which is a 39.81% increase in losses compared to the previous year [11]. - The company has accumulated losses exceeding 550 million yuan over the past three years, with the primary reasons cited as weak market demand for titanium dioxide due to the real estate downturn and intensified market competition [11]. - Jinpu Titanium's attempts to pivot towards the new energy sector have not met expectations, further exacerbating its financial difficulties [11][12].