Core Viewpoint - The 21st China (Shanghai) International Foundry and Casting Exhibition will take place from December 2 to 4, 2025, at the Shanghai New International Expo Center, showcasing advancements in the foundry industry and providing a platform for over 1,000 companies and 30,000 professional visitors to engage in product procurement and technology exchange [3][5]. Group 1: Event Overview - The exhibition has been held since 2005 and has become a high-standard, professional, and authoritative brand event in the foundry industry, promoting innovation and green casting practices [3]. - The event will cover an exhibition area of 40,000 square meters, featuring over 1,000 foundry and related enterprises [3]. - The exhibition aims to help industry leaders understand global foundry trends and create a one-stop procurement platform for products, materials, and equipment [3]. Group 2: Previous Exhibition Review - The 20th exhibition attracted 859 companies and 27,695 attendees from 48 countries and regions, with domestic visitors numbering 24,432 and overseas visitors reaching 3,263, marking a 30.65% increase in overseas attendance compared to the previous year [5]. - The event included multiple technical seminars and online live broadcasts, engaging over 100,000 participants through digital platforms [5]. Group 3: Benefits of Participation - Companies will promote their core technologies to 30,000 professional users, enhancing brand exposure and procurement influence [6]. - Continuous services will be provided before, during, and after the event, including technical exchanges, high-end forums, and factory visits [6]. - Participants can engage in various activities such as keynote forums and roundtable discussions to gain insights from global industry experts [6]. Group 4: Exhibition Scope - The exhibition will feature a wide range of products including castings made from various materials such as steel, iron, and non-ferrous metals, as well as components for automotive, machinery, and other industries [8]. - It will also showcase casting equipment, post-processing equipment, and measurement and testing devices essential for the foundry industry [9][10]. - Additionally, a variety of casting materials will be presented, including alloys, refining agents, and refractory materials [11].

Core Viewpoint - Shanxi Securities has issued a report on August 12, recommending a buy rating for Shengquan Group (605589.SH, latest price: 31.02 yuan) based on its strong market position and growth potential in various sectors [2] Group 1: Company Strengths - Shengquan Group is recognized as a global leader in synthetic resins, with promising growth expected in electronic chemicals, biomass, and new energy sectors [2] - The company possesses a competitive edge through its "industry layout + production capacity + advanced technology" in the phenolic resin and casting materials industries, which are relatively mature [2] - The demand for PPO is projected to exceed 6,000 tons by 2027, driven by the upgrade in computing power and the expansion of AI servers [2] Group 2: Growth Opportunities - The penetration rate of silicon-carbon anodes is rapidly increasing, and porous carbon is expected to become a new growth driver for the company [2] - The Daqing project is set to commence production, aiming for high-value utilization of biomass, which is expected to contribute a gross profit of 700 million yuan upon reaching full capacity [2]

证券代码：603161 证券简称：科华控股 公告编号：2025-043 科华控股股份有限公司 关于完成工商变更登记的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容 的真实性、准确性和完整性承担法律责任。 类型：股份有限公司（上市） 成立日期：2002年06月13日 法定代表人：陈洪民 住所：常州市溧阳市昆仑街道镇前街99号 经营范围：实业投资，生产汽车增压器、工程机械部件、液压泵、阀及其零部件、铸造材料、精密铸 件，销售自产产品；从事上述同类产品及技术的进出口业务和国内批发业务（国家限定公司经营或禁止 进出口的商品和技术除外）。 特此公告。 科华控股股份有限公司（以下简称"公司"）于2025年7月1日召开第四届董事会第十五次会议、于2025年 7月18日召开2025年第一次临时股东会，审议通过了《关于变更公司注册资本并修订〈公司章程〉的议 案》。具体内容详见公司2025年7月3日披露于上海证券交易所网站（www.sse.com.cn）的《科华控股股 份有限公司关于变更公司注册资本并修订〈公司章程〉的公告》（公告编号：2025-038）。 近日，公司已完成相关工 ...

科华控股股份有限公司 关于完成工商变更登记的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 科华控股股份有限公司（以下简称"公司"）于 2025 年 7 月 1 日召开第四届 董事会第十五次会议、于 2025 年 7 月 18 日召开 2025 年第一次临时股东会，审 议通过了《关于变更公司注册资本并修订 <公司章程> 的议案》。具体内容详见公 司 2025 年 7 月 3 日披露于上海证券交易所网站（www.sse.com.cn）的《科华控 股股份有限公司关于变更公司注册资本并修订 <公司章程> 的公告》（公告编号： 近日，公司已完成相关工商变更登记及备案手续，并取得常州市政务服务管 理办公室换发的《营业执照》，基本信息如下： 统一社会信用代码：91320400739437753C 名称：科华控股股份有限公司 证券代码：603161 证券简称：科华控股 公告编号：2025-043 注册资本：19440.7705 万元整 类型：股份有限公司（上市） 成立日期：2002 年 06 月 13 日 法定代表人：陈洪民 住所：常 ...

General Information - Kehua Holdings Co., Ltd. is established as a joint-stock company in accordance with the Company Law and Securities Law of the People's Republic of China [2][3] - The company was registered with a total share capital of RMB 194.407705 million [2][3] - The company is located at 99 Zhanqian Street, Kunlun Street, Liyang City, Jiangsu Province, with a postal code of 213354 [2] Share Issuance and Structure - The total number of shares issued by the company is 19.4407705 million, all of which are ordinary shares [5][20] - The company issued 33.4 million shares to the public for the first time on November 24, 2017, approved by the China Securities Regulatory Commission [2][3] - The shares are issued at a par value of RMB 1 per share [5][20] Corporate Governance - The company is governed by a board of directors, with the chairman serving as the legal representative [2][3] - The company has established a Communist Party organization to conduct activities in accordance with the Party's regulations [3] - The company’s articles of association serve as a legally binding document for the organization and behavior of the company, shareholders, and management [3][10] Business Objectives and Scope - The company's business objective is to create value and benefit society [3] - The business scope includes industrial investment, production of automotive turbochargers, engineering machinery components, hydraulic pumps, valves, and their parts, as well as import and export activities related to these products [3][14] Shareholder Rights and Responsibilities - Shareholders have rights to dividends, attend meetings, supervise management, and transfer their shares [10][13] - Shareholders holding more than 5% of shares must report any pledge of their shares to the company [13][14] - The company must protect the rights of minority shareholders and ensure fair treatment [10][13] Share Transfer and Trading - Shares can be transferred legally, but certain restrictions apply to the transfer of shares held by founders and key management personnel [8][10] - The company does not accept its own shares as collateral [8][10] Shareholder Meetings - The company holds annual and temporary shareholder meetings, with specific procedures for calling and conducting these meetings [16][18] - Shareholder proposals must be submitted in writing and can be made by shareholders holding at least 1% of the shares [18][54] - Voting at shareholder meetings is conducted based on the number of shares held, with provisions for cumulative voting in certain situations [29][30] Financial Assistance and Share Repurchase - The company may provide financial assistance for others to acquire its shares, subject to certain limits [6][20] - The company can repurchase its shares under specific circumstances, with the total repurchased shares not exceeding 10% of the total issued shares [6][20]

Core Viewpoint - The stock of Suzhou Xingye Materials Technology Co., Ltd. has experienced significant price fluctuations, prompting a warning about potential trading risks and the need for rational investment decisions [1][2]. Group 1: Stock Performance and Trading Risks - The company's stock price increased by 50.80% cumulatively after experiencing a price deviation of 20% over two consecutive trading days [2]. - The current price-to-earnings (P/E) ratio of the company is significantly higher than the industry average P/E ratio of 23.47, indicating potential speculation risks in the market [1][2]. Group 2: Financial Performance - In Q1 2025, the company reported revenue of approximately 364.29 million yuan, reflecting a year-on-year growth of 8.63% [2]. - The net profit attributable to shareholders decreased by 17.47% to approximately 13.02 million yuan, while the net profit after deducting non-recurring gains and losses fell by 18.14% to about 12.33 million yuan [2]. Group 3: Business Operations - The company's main business focuses on the research, production, and sales of functional new materials, primarily organic synthetic resins, with no changes reported in its core operations [2]. - The company is currently testing semiconductor photoresist phenolic resin samples, with no sales contracts signed yet, indicating uncertainty regarding future revenue from this segment [3]. Group 4: Shareholder Actions - A shareholder, Shen Genzhen, has initiated a plan to reduce holdings by up to 2,620,800 shares, representing 1% of the company's total share capital, starting from June 17, 2025 [3].