证券代码：601208 证券简称：东材科技 公告编号：2026-010 四川东材科技集团股份有限公司 关于召开2026年第一次临时股东会的通知 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。 重要内容提示： 股东会召开日期：2026年1月29日 本次股东会采用的网络投票系统：上海证券交易所股东会网络投票系统 一、召开会议的基本情况 召开的日期时间：2026 年 1 月 29 日14 点 00 分 召开地点：四川省成都市郫都区菁德路 209 号四川东材科技集团股份有限公 司 101 会议室 (五)网络投票的系统、起止日期和投票时间。 网络投票系统：上海证券交易所股东会网络投票系统 网络投票起止时间：自2026 年 1 月 29 日至2026 年 1 月 29 日 (一)股东会类型和届次 2026年第一次临时股东会 (二)股东会召集人：董事会 (三)投票方式：本次股东会所采用的表决方式是现场投票和网络投票相结合 的方式 (四)现场会议召开的日期、时间和地点 采用上海证券交易所网络投票系统，通过交易系统投票平台的投票时间为股 东会召 ...

本公司及董事会全体成员保证公告内容不存在虚假记载、误导性陈述或者重 大遗漏，并对其内容的真实、准确和完整承担个别及连带责任。 四川东材科技集团股份有限公司（以下简称"公司"或"本公司"）第七届 董事会第二次会议通知于 2026 年 1 月 2 日以专人送达、通讯方式发出，会议于 2026 年 1 月 12 日在公司会议室以现场与通讯相结合的方式召开。本次会议应到 董事 9 名，实到董事 9 名，会议由董事长唐安斌先生主持，公司全体高级管理人 员列席了会议。本次会议的召集和召开符合《公司法》和《公司章程》的有关规 定。经与会董事认真审议，形成以下决议： 一、审议通过了《关于公司 2026 年度向金融机构申请综合授信额度、项 目贷款额度的议案》 表决结果为：9 票同意，0 票反对，0 票弃权。 详见上交所网站www.sse.com.cn《关于2026年度向金融机构申请综合授信 额度、项目贷款额度的公告》。 证券代码：601208 证券简称：东材科技 公告编号：2026-001 四川东材科技集团股份有限公司 第七届董事会第二次会议决议公告 四、审议通过了《关于使用闲置自有资金进行委托理财的议案》 表决结果为：9 票 ...

中信建投证券股份有限公司 关于四川东材科技集团股份有限公司 使用闲置募集资金进行现金管理的核查意见 中信建投证券股份有限公司（以下简称"中信建投证券"或"保荐人"）作 为四川东材科技集团股份有限公司（以下简称"东材科技"或"公司"）的保荐 人，根据《上市公司募集资金监管规则》《上海证券交易所上市公司自律监管指 引第 1 号——规范运作》《上海证券交易所上市公司自律监管指引第 11 号——持 续督导》等相关法律、法规和规范性文件的规定，对东材科技使用闲置募集资金 进行现金管理事项进行了核查，具体情况如下： 一、募集资金基本情况 根据中国证券监督管理委员会核发的《关于核准四川东材科技集团股份有限 公司非公开发行股票的批复》（证监许可【2021】735 号），公司采用非公开发行 股票方式，向特定对象非公开发行人民币普通股 66,464,471 股，每股发行价格为 人民币 11.54 元，募集资金总额人民币 766,999,995.34 元，扣除承销费和保荐费 6,444,250.00 元（含税）（不含前期已支付费用 500,000.00 元）后的募集资金为人 民币 760,555,745.34 元，另扣减前期已支付 ...

Core Viewpoint - The company plans to use up to 600 million yuan of idle self-owned funds to purchase safe, liquid, and controllable risk financial products, as approved by the board of directors [1] Group 1 - The decision has been approved by the company's seventh board of directors' second meeting [1] - There is no need to submit this matter for shareholder meeting approval [1] - The management is authorized to handle related matters within the approved limit [1]

Summary of Conference Call Records Industry Overview - The basic chemical sector is likely at the bottom of its cycle, with no need to wait for significant improvements in fundamentals before investing. Stock prices often lead the market, indicating potential investment opportunities when future fundamental changes are anticipated [2][4]. Key Investment Opportunities - Investment opportunities in 2026 are concentrated in traditional cyclical industries and technology materials, particularly in AI-related sectors such as energy storage materials (e.g., lithium carbonate) and storage materials (e.g., Yake Technology) [1][6]. - Recommended leading companies in the chemical industry include Wanhua Chemical, Hualu Hengsheng, and Juhua Co., due to their low valuations and high profit elasticity [1][8]. Company-Specific Insights Wanhua Chemical - Strongly recommended as a top investment choice due to its outlier effect and continuous growth catalysts. Expected revenue for 2026 is projected to reach 400 billion yuan, with a net profit forecast of 16 billion yuan [1][12][14]. - The company has a significant profit increase potential with every 1,000 yuan increase in MDI and TDI prices, translating to a net profit increase of 3.4 billion yuan [12][14]. Hualu Hengsheng - The company is expected to achieve annualized quarterly performance exceeding 5 billion yuan in 2026, supported by multi-category layout and technological upgrades [1][17][18]. Dongcai Technology - Notable for its advantages in new energy materials, with expectations to turn losses into profits as the overall profitability in the new energy sector improves [1][13][15]. Baofeng Energy - Expected to maintain stable annual profits between 12 billion to 13 billion yuan following the release of new capacity at its Ningxia base. The company benefits from the cyclical changes in the coal chemical industry and has diversified its product offerings [3][19][20]. Industry Trends and Signals - The potassium fertilizer industry is expected to experience tight supply and demand in 2026, maintaining high prices, while the phosphate market outlook remains stable with manageable supply increases [3][22][23]. - The tire industry is impacted by EU anti-dumping policies, prompting leading companies to expand overseas to increase market share [3][27][28]. - The spandex industry is at a cyclical bottom, with potential supply-side clearing effects anticipated due to the bankruptcy of a major player, which could improve market conditions [3][34][35]. Additional Insights - Investment in underperforming sectors is justified as they have likely reflected most negative factors in their stock prices, presenting potential for positive marginal changes [11]. - The refrigerant industry, while considered an "old story," shows strong certainty and potential for long-term investment due to ongoing price support [24]. - The organic silicon industry is expected to see price increases driven by domestic demand and external supply constraints, with companies like Dongyue showing significant elasticity [25][26]. Conclusion - The conference call highlighted a range of investment opportunities across various sectors within the chemical industry, emphasizing the importance of leading companies and emerging trends. Investors are encouraged to consider both cyclical recovery and technological advancements when making investment decisions.

Core Viewpoint - Dongcai Technology's stock price has shown fluctuations with a recent increase of 2.05%, while the company has experienced a significant rise in revenue and profit year-on-year [1][2]. Group 1: Stock Performance - As of January 7, Dongcai Technology's stock price reached 27.34 CNY per share, with a trading volume of 7.23 billion CNY and a turnover rate of 2.63%, resulting in a total market capitalization of 278.35 billion CNY [1]. - Year-to-date, the stock price has increased by 0.92%, with a decline of 1.55% over the last five trading days, a rise of 31.70% over the last 20 days, and a significant increase of 43.97% over the last 60 days [1]. Group 2: Financial Performance - For the period from January to September 2025, Dongcai Technology reported a revenue of 3.803 billion CNY, reflecting a year-on-year growth of 17.18%, and a net profit attributable to shareholders of 283 million CNY, which is a 19.80% increase compared to the previous year [2]. - Cumulatively, since its A-share listing, Dongcai Technology has distributed a total of 1.208 billion CNY in dividends, with 418 million CNY distributed over the last three years [3]. Group 3: Shareholder Information - As of September 30, 2025, the number of shareholders for Dongcai Technology reached 52,300, an increase of 60.68% from the previous period, while the average circulating shares per person decreased by 29.34% to 19,464 shares [2]. - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited is the fifth largest, holding 19.942 million shares, which is an increase of 6.6923 million shares from the previous period [3]. Group 4: Business Overview - Dongcai Technology, established on December 26, 1994, and listed on May 20, 2011, is based in Chengdu, Sichuan Province, and specializes in the research, manufacturing, and sales of new chemical materials [1]. - The company's main business revenue composition includes electronic materials (28.31%), new energy materials (27.27%), optical film materials (26.23%), electrical insulation materials (9.13%), and other segments [1].

Market Overview - The Shanghai Composite Index rose by 1.50% on January 6, with 30 industries experiencing gains, led by non-ferrous metals and non-bank financials, which increased by 4.26% and 3.73% respectively [1] - The basic chemical industry ranked third in terms of daily gains [1] - The communication industry saw the largest decline, dropping by 0.77% [1] Capital Flow Analysis - The main capital flow showed a net outflow of 1.033 billion yuan across both markets, with 17 industries experiencing net inflows [1] - The non-bank financial sector had the highest net inflow of 6.961 billion yuan, coinciding with its 3.73% increase [1] - The non-ferrous metals sector followed with a net inflow of 5.885 billion yuan and a daily increase of 4.26% [1] - Conversely, 14 industries faced net outflows, with the communication sector leading at a net outflow of 10.507 billion yuan, followed by the media sector with 4.144 billion yuan [1] Basic Chemical Industry Performance - The basic chemical industry increased by 3.12% with a net inflow of 0.954 billion yuan, comprising 408 stocks, of which 314 rose and 82 fell [2] - Notably, 18 stocks hit the daily limit up, while 205 stocks experienced net inflows, with 10 stocks seeing inflows exceeding 0.1 billion yuan [2] - The top three stocks by net inflow were Junzheng Group (0.419 billion yuan), Wanhua Chemical (0.307 billion yuan), and Zhongtai Chemical (0.205 billion yuan) [2] Top Gainers in Basic Chemical Industry - Junzheng Group: +9.48%, turnover rate 4.89%, net inflow 41.861 million yuan [3] - Wanhua Chemical: +7.27%, turnover rate 1.87%, net inflow 30.681 million yuan [3] - Zhongtai Chemical: +9.94%, turnover rate 4.15%, net inflow 20.513 million yuan [3] Top Losers in Basic Chemical Industry - Yilong Shares: +4.49%, turnover rate 4.05%, net outflow -46.719 million yuan [4] - Dongcai Technology: -2.86%, turnover rate 9.07%, net outflow -38.330 million yuan [4] - Guofeng New Materials: +1.62%, turnover rate 23.78%, net outflow -18.762 million yuan [4]

Group 1 - The Shanghai Composite Index rose by 1.50% on January 6, with 30 industries experiencing gains, led by non-ferrous metals and non-bank financials, which increased by 4.26% and 3.73% respectively [1] - The basic chemical industry ranked third in terms of daily gains, rising by 3.12% with a net inflow of 9.54 billion yuan in main funds [2] - The telecommunications industry saw the largest net outflow of main funds, totaling 10.507 billion yuan, followed by the media industry with a net outflow of 4.144 billion yuan [1] Group 2 - In the basic chemical industry, 314 out of 408 stocks rose today, with 18 hitting the daily limit, while 82 stocks declined [2] - The top three stocks with the highest net inflow in the basic chemical sector were Junzheng Group, Wanhu Chemical, and Zhongtai Chemical, with net inflows of 4.19 billion yuan, 3.07 billion yuan, and 2.05 billion yuan respectively [2] - The stocks with the largest net outflows included Salt Lake Co., East Material Technology, and Guofeng New Materials, with net outflows of 4.67 billion yuan, 3.83 billion yuan, and 1.88 billion yuan respectively [3]

Core Insights - The report emphasizes the growth opportunities in the electronic materials sector driven by rapid downstream development, technological advancements, and domestic substitution [3][5] - The semiconductor materials market is projected to grow significantly, with a forecasted sales revenue of USD 67.5 billion in 2024, reflecting a year-on-year increase of 3.8% [7][34] - The report maintains a "stronger than market" rating for the industry, indicating a positive outlook for investments in electronic materials [3][5] Semiconductor Materials - The global semiconductor materials market is expected to exceed USD 87 billion by 2029, with a compound annual growth rate (CAGR) of 4.5% from 2024 to 2029 [7][34] - China's semiconductor materials domestic substitution rate is currently around 15%, with significant reliance on imports for high-end materials [38][42] - Key materials such as CMP polishing materials, photoresists, and electronic specialty gases are seeing increased domestic production efforts, which are expected to enhance the domestic substitution rate [38][42] PCB Materials - The PCB industry is evolving towards high-frequency and high-speed applications, with increasing demand for electronic resins and fabrics [7][34] - The global market for electronic resins and fabrics used in PCB production is estimated at approximately USD 33.02 billion and USD 24.13 billion, respectively, in 2023 [7][34] - The transition to high-frequency and high-speed PCBs is driven by advancements in 5G technology and the rapid growth of data centers and cloud computing [7][34] OLED Materials - The demand for OLED materials is expected to grow rapidly due to increasing terminal application needs and the acceleration of high-generation line capacity release [7][34] - The global OLED display materials market is projected to reach USD 2.44 billion in 2024, with a CAGR of 19.8% expected from 2025 to 2031 [7][34] - Domestic OLED organic materials currently have a low substitution rate of around 12%, indicating significant growth potential as local manufacturers expand their capabilities [7][34] Investment Recommendations - The report recommends investing in companies benefiting from the semiconductor market recovery, such as Anji Technology, Yake Technology, and Jiangfeng Electronics, among others [5][34] - For AI server demand, companies like Shengquan Group and Dongcai Technology are highlighted as key players in the electronic resin market [5][34] - In the OLED sector, companies like Lite-On Optoelectronics and Wanrun Co., Ltd. are recommended due to their strong market positions [5][34] Industry Performance - The semiconductor materials index has shown a cumulative increase of 37.87% in 2025, outperforming the CSI 300 index by 18.72 percentage points [26] - The electronic chemicals index has increased by 54.98% in the same period, surpassing the CSI 300 index by 35.83 percentage points [26] - Overall, the electronic materials industry is experiencing stable growth, with significant improvements in revenue and profitability metrics [16][26]

Group 1 - The company, Dongcai Technology, announced that it disclosed its "Q3 2025 Report" on the Shanghai Stock Exchange website on October 24, 2025 [2]