Group 1 - The core point of the article is the announcement of the 2025 restricted stock incentive plan by Zhongzi Technology Co., Ltd, including the public disclosure of the list of incentive recipients and the verification opinions from the remuneration and assessment committee [1][14] - The company held a temporary board meeting on August 6, 2025, to review and approve the draft of the incentive plan and related proposals [1][14] - The list of proposed incentive recipients was publicly disclosed internally from August 6 to August 15, 2025, with no objections received from employees during the public notice period [2][15] Group 2 - The remuneration and assessment committee verified the eligibility of the proposed incentive recipients, ensuring they do not fall under any disqualifying conditions as per the relevant regulations [4][17] - The incentive plan does not include independent directors or supervisors, and the recipients meet the qualifications set forth in the Company Law and Securities Law [6][17] - The committee concluded that the proposed recipients are legally and effectively qualified to receive the incentives under the plan [6][17] Group 3 - Zhongzi Technology recently received a project designation notification from a state-owned automotive group regarding the development of a catalyst for new energy vehicles, although this notification does not constitute a substantive order [8][9] - The project designation reflects the client's recognition of the company's R&D capabilities, supply chain capabilities, and product quality, which is expected to positively impact the company's business expansion and future performance [10] - The actual impact on the company's operating performance will depend on the specifics of future orders, including delivery times, prices, and quantities [10]

Core Viewpoint - The company, Zhongzi Technology, has been recognized as a supplier of exhaust purification catalysts for new energy vehicles by a state-owned automotive group, which is expected to positively impact its business expansion and future performance [1] Group 1: Business Development - Zhongzi Technology has received a notification for designated development of exhaust purification catalysts, indicating client recognition of its R&D capabilities, supply chain efficiency, and product quality [1] - The company has achieved significant sales milestones, with gasoline vehicle exhaust purification catalyst sales surpassing one million sets for the first time in 2024 [2] - The company has successfully won bids for industrial catalysts and has entered multiple overseas project orders in the energy storage sector, indicating the effectiveness of its globalization strategy [2] Group 2: Financial Performance - The internal combustion engine exhaust purification catalyst segment is projected to generate revenue of 1.453 billion yuan in 2024, accounting for approximately 93% of total revenue [1] - Other business segments, while smaller in revenue, are experiencing substantial growth, with the industrial catalyst segment expected to reach 13.88 million yuan in 2024, a year-on-year increase of 65.73% [1] - The energy storage and storage+ business is anticipated to generate 80.17 million yuan in revenue, reflecting a remarkable year-on-year growth of 309.47% [1] Group 3: Product Innovation - The company has launched seven core technologies covering various advanced fields, including environmental catalysts and hydrogen fuel cell catalysts, during its 20th anniversary celebration [2] - New products aimed at meeting the next stage of emission standards have been introduced, including catalysts for natural gas vehicles, diesel vehicles, and industrial waste gas purification [2]

Core Viewpoint - The company, Zhongzi Technology, has received a notification letter for designated development of exhaust purification catalysts for new energy vehicles from a state-owned automotive group, indicating recognition of its R&D capabilities and product quality, although this notification does not constitute a substantive order [1][2]. Group 1: Project Notification Overview - The notification letter signifies that Zhongzi Technology has been designated as a supplier for exhaust purification catalysts for new energy vehicles [1]. - As of the announcement date, the company has not yet signed a bulk delivery order with the client, and the actual supply time, price, and quantity will depend on subsequent formal supply agreements or sales orders [2]. Group 2: Impact on the Company - This project designation is expected to positively impact the company's operational performance for the current year, although the specific financial impact will depend on the details of future orders [1]. - The recognition from the client is anticipated to enhance and solidify the company's position in the industry, benefiting both the company and its shareholders [1]. Group 3: Risk Management - The company acknowledges potential risks related to project changes, interruptions, or terminations due to various factors, including quality issues and market conditions [2]. - The company plans to adhere strictly to customer order requirements and enhance risk management to mitigate potential market fluctuations [2].

Core Viewpoint - Zhongzi Technology has received a notification letter for designated development of exhaust purification catalysts for new energy vehicles from a state-owned automotive group, positioning the company as a supplier for these catalysts. However, this notification does not constitute a substantive order [1] Group 1 - Zhongzi Technology has been designated as a supplier for exhaust purification catalysts for new energy vehicles [1] - The notification letter received does not imply a binding order for the company [1]

Group 1 - The core point of the article is that Zhongzi Technology (688737) has received a notification for designated development of exhaust purification catalysts for new energy vehicles from a state-owned automotive group, becoming a supplier for these catalysts [1] Group 2 - The announcement was made on August 15, indicating a significant development for the company in the new energy vehicle sector [1]

Group 1 - The core point of the article is that Zhongzi Technology (688737.SH) has received a notification for designated development of exhaust purification catalysts for new energy vehicles from a state-owned automotive group, positioning the company as a supplier for these catalysts [1] - The notification does not constitute a substantial order, and as of the announcement date, the company has not signed a bulk delivery order with the client [1] - The expected notification is anticipated to have a positive impact on the company's operating performance for the current year, although the specific impact amount and timing will depend on the details of future orders [1]