强强联合，构筑战略共赢新格局 12月1日，莱尔新材料(688683)与神火股份（000933）旗下神火新材料科技有限公司（简称"神火新 材"）携手合作建设的河南新能源涂碳箔项目二期工程，在河南商丘生产基地隆重举行了开工仪式。 顺势而为，二期启航彰显战略决心 在一期项目高效运营、产能趋近饱和的背景下，莱尔科技积极推进二期项目建设，展现了公司响应市场 需求、巩固行业领先地位的坚定决心。目前，莱尔科技已在广东、河南、四川形成新能源材料三大产业 支点，构建起辐射全国的生产与供应网络。 作为涂碳箔业务的核心实施主体，河南莱尔一期项目自2024年下半年投产以来， 凭借领先的技术实 力、高效的运营管理和可靠的产品品质，迅速获得市场认可。2025年1—9月，莱尔科技新能源涂碳箔业 务实现收入同比增长高达479.15%，成功跻身行业前三，产能利用率已接近饱和。为持续满足客户需 求，莱尔科技与神火新材充分发挥各自在材料研发与绿色铝箔供应方面的协同优势，高效推动二期项目 落地。莱尔科技董事兼总经理龚伟全在致辞中表示："二期项目的开工，是莱尔科技新能源材料全国战 略布局的关键一环，也是莱尔科技与神火新材深化合作、携手共进的重要体现。 ...

智通财经APP讯，莱尔科技(688683.SH)发布公告，为满足控股子公司河南莱尔业务发展的需要，扩大 其新能源涂碳箔的产能并进一步提升市场竞争力和行业地位，公司与神火新材、河南莱尔于2025年12月 1日签订了《河南莱尔新材料科技有限公司增资协议》，协议约定公司和神火新材按原持股比例对河南 莱尔进行增资，河南莱尔拟增加注册资本5000万元，其中公司以现金方式出资4000万元，神火新材以现 金方式出资1000万元。 ...

莱尔科技(688683.SH)发布公告，为满足控股子公司河南莱尔业务发展的需要，扩大其新能源涂碳箔的 产能并进一步提升市场竞争力和行业地位，公司与神火新材、河南莱尔于2025年12月1日签订了《河南 莱尔新材料科技有限公司增资协议》，协议约定公司和神火新材按原持股比例对河南莱尔进行增资，河 南莱尔拟增加注册资本5000万元，其中公司以现金方式出资4000万元，神火新材以现金方式出资1000万 元。 ...

格隆汇12月1日丨莱尔科技(688683.SH)公布，公司与神火新材共同持股，河南莱尔注册资本人民币1亿 元，其中公司持有80%，神火新材持有20%。 为满足控股子公司河南莱尔业务发展的需要，扩大其新能源涂碳箔的产能并进一步提升市场竞争力和行 业地位，公司与神火新材、河南莱尔于2025年12月1日签订了《河南莱尔新材料科技有限公司增资协 议》，协议约定公司和神火新材按原持股比例对河南莱尔进行增资，河南莱尔拟增加注册资本人民币 5000万元，其中公司以现金方式出资4000万元，神火新材以现金方式出资1000万元。公司本次对河南莱 尔增资所需资金来源为自有资金。 ...

莱尔科技公告称，为满足控股子公司河南莱尔业务发展，扩大新能源涂碳箔产能，公司与神火新材按原 持股比例对其增资。河南莱尔拟增注册资本5000万元，公司以自有资金现金出资4000万元，神火新材出 资1000万元。增资后，公司仍持股80%，合并报表范围不变。2025年1 - 9月，公司新能源涂碳箔业务收 入同比增479.15%，此次增资将助河南莱尔突破产能瓶颈。 ...

Core Viewpoint - The company is expanding the production capacity of its subsidiary Henan Lair to enhance its competitiveness and industry position in the new energy carbon foil market through a capital increase agreement with Shenhuo New Materials [1] Group 1: Company Actions - The company signed a capital increase agreement with Shenhuo New Materials on December 1, 2025, to invest in Henan Lair [1] - The total registered capital increase for Henan Lair is set at RMB 50 million, with the company contributing RMB 40 million and Shenhuo New Materials contributing RMB 10 million [1] - The funding for the company's investment in Henan Lair will come from its own funds [1] Group 2: Industry Context - The expansion aims to meet the business development needs of Henan Lair in the new energy sector, specifically in the production of carbon foil [1] - The move is expected to further enhance the company's market competitiveness and strengthen its position within the industry [1]

Core Viewpoint - The report provides a verification of the fundraising usage by Guangdong Lair New Materials Technology Co., Ltd. as of June 30, 2025, confirming that the funds have been used in accordance with regulatory guidelines and accurately reflect the company's financial activities [2][3][4]. Fundraising Overview - The company raised a total of RMB 353.20 million from its initial public offering (IPO) by issuing 37,140,000 shares at RMB 9.51 per share, with a net amount of RMB 294.84 million after deducting issuance costs [4][5]. - Additionally, the company raised RMB 120.99 million through a private placement of 5,276,929 shares at RMB 22.93 per share, with a net amount of RMB 117.48 million after costs [5]. Fund Storage Situation - As of June 30, 2025, the total amount of funds raised was RMB 321.20 million, all stored in designated bank accounts [6][5]. - The report details the specific bank accounts and balances, including RMB 228.72 million in one account and smaller amounts in others, indicating proper management of the funds [6]. Fund Usage Status - The report includes detailed tables showing the usage of funds from both the IPO and the private placement, with specific projects outlined [6][14]. - The company has not transferred or replaced any fundraising investment projects as of June 30, 2025 [14]. Changes in Fundraising Projects - The company has made adjustments to the implementation of certain projects, including changing the project leader for the "High-Speed Signal Transmission Line" project to a wholly-owned subsidiary, Hehui Electronics, with RMB 36.21 million allocated for this purpose [7][8]. - The company has also extended the completion deadlines for several projects to December 31, 2023, ensuring that they meet industry standards and market demands [10][12]. Financial Performance of Fundraising Projects - The report indicates that the actual investment amounts for various projects differ from the committed amounts, with a total difference of RMB 13.54 million noted [13][17]. - The company has successfully completed several projects and plans to use any surplus funds to supplement working capital [16][17]. Idle Fund Management - The company has approved the use of up to RMB 1.2 billion of temporarily idle funds for cash management, ensuring that these funds are invested in safe and liquid financial products [15]. - As of June 30, 2025, the total interest income from bank deposits related to the fundraising activities amounted to RMB 8.79 million [15].

Group 1 - The board of Guangdong Lair Technology Co., Ltd. received a resignation letter from General Manager Wu Zhongqian, who is retiring but will continue to serve as the legal representative and vice chairman [1][4] - Lair Technology is a national high-tech enterprise focused on the research and production of functional film materials, with applications in cutting-edge fields such as new energy coating films and carbon nanotube conductive pastes [1] - The company has invested 380 million yuan in a high-tech industrialization base project and 83 million yuan in a 12,000-ton new energy coating film project, effectively breaking through capacity bottlenecks and seizing market opportunities [1] Group 2 - Lair Technology's revenue for 2024 is projected to reach 526 million yuan, with total assets exceeding 1.452 billion yuan [1] - The company's stock price increased slightly from 19.78 yuan at the end of 2022 to 19.80 yuan at the end of 2024, reflecting a growth of 0.12% [2] - The company has undergone changes in its board and management, with two changes in the past year, including the appointment of a new non-independent director, Xia Hesheng, who has extensive academic and research experience in polymer materials [4][5]

Core Viewpoint - The company intends to acquire 5% equity in Lair Technology to enhance strategic cooperation in various fields including automotive electronics, new energy batteries, and AI servers, with a total transaction value of approximately 153.16 million RMB at a price of 19.74 RMB per share [1][7][11]. Group 1: Transaction Overview - The company signed a share transfer agreement with Ternel Investment to acquire 7,759,000 shares of Lair Technology, representing 5% of its total equity [1]. - The total transfer price is set at 153,162,660 RMB, with a per-share price of 19.74 RMB [7][11]. - The transaction is classified as a related party transaction due to the company's connection with De Xin Venture Capital, which holds 0.50% of Lair Technology [2][3]. Group 2: Related Party Relationships - Prior to the transaction, the company did not hold any shares in Lair Technology, while De Xin Venture Capital is a related party due to shared control by the local state-owned assets supervision and administration [2][4]. - The transaction does not require shareholder approval as it does not exceed the threshold of 30 million RMB in related party transactions within the past 12 months [2][3]. Group 3: Financial and Operational Context - Lair Technology reported total assets of 1.45 billion RMB and total liabilities of 373 million RMB as of December 31, 2024, with a net profit of 37 million RMB for the same year [6]. - The company achieved a revenue of 526 million RMB in 2024, reflecting a year-on-year growth of 19.95% [6]. - The first quarter of 2025 saw Lair Technology generate 165 million RMB in revenue, a 65.94% increase compared to the same period in the previous year [6]. Group 4: Strategic Rationale - The acquisition aims to foster collaboration in automotive electronics and new energy sectors, leveraging Lair Technology's advanced materials and technologies [12]. - The partnership is expected to enhance supply chain resilience and improve bargaining power through joint procurement of raw materials [12]. - The company plans to nominate one director to Lair Technology's board following the completion of the transaction, indicating a strategic interest in governance [8][10].

Core Viewpoint - The company intends to acquire 7,759,000 shares of Guangdong Lair Technology Co., Ltd., representing 5.00% of its total share capital, at a price of 19.74 yuan per share, totaling 153,162,660 yuan, to enhance strategic cooperation in various high-tech fields [1][2][3] Transaction Overview - The transaction involves the acquisition of shares from Guangdong Tenair Investment Co., Ltd. to promote strategic collaboration in automotive electronics, new energy batteries, low-altitude flight, humanoid robots, and AI servers [2][3] - The shares will be acquired at a price of 19.74 yuan per share, based on the closing price on the trading day prior to the agreement [4][12] - The funding for the acquisition will come from the company's own funds [4][12] Purpose and Reason for the Transaction - The acquisition aims to establish a strategic partnership with Lair Technology, facilitating resource integration and enhancing competitiveness in emerging fields [3][11] - The collaboration is expected to improve shareholder returns and expand market reach, particularly in the domestic market for automotive and electronic products [3][11] Nature of the Transaction - The transaction is classified as a related party transaction due to the involvement of a related party, De Xin Venture Capital Co., Ltd., which holds a minor stake in Lair Technology [2][3] - The transaction does not constitute a major asset restructuring as defined by relevant regulations [2][3] Financial Performance of Lair Technology - Lair Technology reported a revenue of 526 million yuan for the year 2024, a year-on-year increase of 19.95%, and a net profit of 37 million yuan, up 27.69% [11] - For the first quarter of 2025, the company achieved a revenue of 165 million yuan, representing a 65.94% year-on-year growth, with a net profit of 11 million yuan, up 27.87% [11][10] Strategic Cooperation Framework - The strategic cooperation will focus on joint research and development, leveraging each company's strengths in technology and market channels to create a global collaborative sales system [16][17] - The partnership aims to explore supply chain collaboration and joint investment opportunities in various high-tech sectors [16][17]