尚纬股份有限公司2025 年半年度报告 公司代码：603333 公司简称：尚纬股份 尚纬股份有限公司 二零二五年八月 尚纬股份有限公司2025 年半年度报告 重要提示 一、 本公司董事会及董事、高级管理人员保证半年度报告内容的真实性、准确性、完整性，不 存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 二、 公司全体董事出席董事会会议。 三、 本半年度报告未经审计。 四、 公司负责人叶洪林、主管会计工作负责人张莉及会计机构负责人（会计主管人员）卢兴周 声明：保证半年度报告中财务报告的真实、准确、完整。 五、 董事会决议通过的本报告期利润分配预案或公积金转增股本预案 无 六、 前瞻性陈述的风险声明 √适用 □不适用 本报告包括前瞻性陈述。除历史事实陈述外，所有本公司预计或期待未来可能或即将发生的 业务活动、事件或发展动态的陈述（包括但不限于预测、目标、估计及经营计划）都属于前瞻性 陈述。受诸多可变因素的影响，未来的实际结果或发展趋势可能会与这些前瞻性陈述出现重大差 异。本报告中的前瞻性陈述为本公司于2025年8月22日作出，不构成公司对投资者的实质承诺，敬 请投资者注意投资风险。 七、 是否存在 ...

Core Viewpoint - The acquisition involves Fuhua Tongda Chemical Co., Ltd. purchasing shares of Shangwei Co., Ltd. through a private placement, which will increase Fuhua's stake to over 30%, triggering a mandatory tender offer obligation, unless exempted by the shareholders' approval [3][17]. Group 1: Acquisition Details - Fuhua Tongda plans to subscribe for up to 181,338,685 shares at a price of 6.31 RMB per share, with a total subscription amount not exceeding 1,144,247,102.35 RMB [11][16]. - Following the acquisition, Fuhua Tongda's shareholding will increase from 25.35% to 42.21%, maintaining its status as the controlling shareholder of Shangwei [18][10]. - The acquisition is subject to approval from the shareholders' meeting and regulatory bodies, including the Shanghai Stock Exchange and the China Securities Regulatory Commission [3][19]. Group 2: Financial and Operational Background - Fuhua Tongda reported total assets of 1,344,052.07 million RMB and net assets of 372,473.69 million RMB as of December 31, 2024 [8]. - The company has a diversified business model, focusing on mineral resource development and chemical product applications, with key products including glyphosate and its formulations [8][19]. - Fuhua Tongda has not faced any administrative or criminal penalties in the last five years, indicating a stable compliance record [8]. Group 3: Future Plans and Governance - The acquisition aims to enhance Fuhua's control and decision-making capabilities over Shangwei, ensuring long-term strategic stability [9][19]. - There are no immediate plans to change the current board or senior management of Shangwei, but future adjustments may occur based on operational needs [19][20]. - The company intends to modify the articles of association related to registered capital and share capital following the completion of the private placement [19].

Core Viewpoint - Fuhua Chemical has increased its stake in Shangwei Co., Ltd. to 19.56% through judicial auction, becoming the second-largest shareholder, which is expected to stabilize the company's operations and mitigate capital risks [1][3]. Group 1: Investment Details - Fuhua Chemical acquired 26 million shares of Shangwei Co., Ltd. for 122 million yuan, following a previous purchase of 10.46% equity for 300 million yuan, totaling an investment of 422 million yuan [1][3]. - The shareholding percentage of Fuhua Chemical rose from 4.92% to nearly 20% after these transactions [3]. Group 2: Company Background - Shangwei Co., Ltd. is a leading enterprise in the special cable industry in Southwest China, established in July 2003, and is recognized as a national high-tech enterprise [3][4]. - The company specializes in high-end special cable products, including cables for nuclear power plants, rail transit, and renewable energy applications [4][5]. Group 3: Strategic Implications - Fuhua Chemical's involvement is seen as a strategic move to support Shangwei Co., Ltd. amid challenges posed by the major shareholder's debt issues, showcasing its role as a leading enterprise in the local green chemical industry [3][5]. - The partnership between state-owned and private capital in Shangwei Co., Ltd. represents a new mixed-ownership model, aimed at mitigating historical equity pledge risks while enhancing market operational capabilities [3][5]. Group 4: Market Context - The local government supports Fuhua Chemical's investment in Shangwei Co., Ltd., emphasizing the importance of private sector development and the alignment with regional economic strategies [5].