Core Viewpoint - The company plans to acquire a 35% stake in OMIKRON through its wholly-owned subsidiary, with a total investment not exceeding 25 million euros, which includes performance-related incentives [1] Group 1: Investment Details - The company will sign a share transfer agreement with MICCA 22 S.R.L and INVESTAR S.R.L for a maximum of 10.35 million euros to acquire their respective stakes in OMIKRON [1] - The total transfer price amounts to 20.7 million euros, plus related interest [1] - After the investment, OMIKRON will not be controlled by the company but will become an associated enterprise [1] Group 2: Company Profile - OMIKRON is an Italian company focused on the production and application of modified materials [1] - Its main products include polypropylene composites, nylon composites, and recycled PCR materials [1] - OMIKRON primarily serves the automotive and home markets, while also covering sectors such as agricultural irrigation and toolboxes [1]

中信证券股份有限公司 关于会通新材料股份有限公司 使用部分闲置募集资金临时补充流动资金的核查意见 中信证券股份有限公司（以下简称"中信证券"或"保荐人"）作为会通新 材料股份有限公司（以下简称"会通股份"或"公司"）向不特定对象发行可转 换公司债券及后续持续督导保荐人，根据《证券发行上市保荐业务管理办法》《上 海证券交易所科创板股票上市规则》等有关法律法规和规范性文件的要求，对会 通股份使用部分闲置募集资金临时补充流动资金的事项进行了审慎核查，核查情 况及核查意见如下： 一、募集资金基本情况 | 发行名称 | 2022 | | | | 年向不特定对象发行可转换公司债券 | | | --- | --- | --- | --- | --- | --- | --- | | 募集资金总额 | 83,000.00 | | 万元 | | | | | 募集资金净额 | 81,946.18 | | 万元 | | | | | 募集资金到账时间 | 2022 年 | 12 | 月 12 | 日 | | | | 前次用于暂时补充流动资金的 | 2025 年 | 7 | 月 21 | 日归还 | 25,000.00 | 万元 | | ...

重要内容提示： 临时补流募集资金金额：20,000 万元 补流期限：自 2025 年 12 月 19 日第三届董事会第十八次会议审议通过起 不超过 12 个月 一、募集资金基本情况 证券代码：688219 证券简称：会通股份 公告编号：2025-081 会通新材料股份有限公司 关于使用部分闲置募集资金临时补充流动资金的公告 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。 | 发行名称 | 2022 | | | | 年向不特定对象发行可转换公司债券 | | | | --- | --- | --- | --- | --- | --- | --- | --- | | 募集资金总额 | | | | 83,000.00 | 万元 | | | | 募集资金净额 | | | | 81,946.18 | 万元 | | | | 募集资金到账时间 | | | 2022 | 年 12 | 月 12 | 日 | | | 前次用于暂时补充 | | | | | | | | | 流动资金的募集资 | 2025 | 年 7 | 月 21 | 日归还 | | ...

证券日报网讯12月17日，会通股份在互动平台回答投资者提问时表示，此次交易完成后，通过双方在技 术、产业、资源上的深度协同，公司将加速完善高端材料业务布局，深化产业协同价值，助力国产高端 新材料突破技术瓶颈、打破国际垄断、实现自主可控，持续提升企业核心竞争力与行业影响力。 ...

证券日报网讯 12月17日，会通股份在互动平台回答投资者提问时表示，此次收购完成后，公司持有东 华复材55.46%股份，其子公司苏州空天复材主要专注于航空级高性能碳纤维复合材料的产业化推进， 具体进展情况请详见公司后续披露的相关定期报告。 ...

Core Viewpoint - The article discusses the strategic acquisition of a majority stake in Donghua Composite Technology Co., Ltd. by Huitong Co., focusing on the growing market for high-performance thermoplastic composite materials, particularly in the aerospace and automotive sectors [2][4]. Group 1: Company Overview - Huitong Co. has been actively expanding its presence in high-end new materials, moving beyond its traditional appliance sector [2]. - Donghua Composite was established on September 30, 2021, with an initial investment of 10 million yuan, primarily focusing on high-performance thermoplastic composite materials [3]. - The core team of Donghua originates from the East China University of Science and Technology, specializing in the development of various thermoplastic composite materials [3]. Group 2: Acquisition Details - On December 11, Huitong Co. signed a share transfer agreement to acquire 55.46% of Donghua Composite, making it a subsidiary [2]. - The acquisition is seen as timely, targeting the hot market of thermoplastic composite materials, which are gaining traction due to their recyclability and lightweight properties [4]. Group 3: Market Potential - The global thermoplastic composite materials market is experiencing strong growth, particularly in aerospace and automotive industries, driven by their unique advantages [4]. - Challenges remain, including high costs and low standardization in manufacturing processes [4]. Group 4: Product Development - Huitong Co. has developed ultra-high-strength carbon fiber reinforced polyamide materials for robotics, with tensile strength exceeding 400 MPa [5]. - The company is also working on lightweight materials for the low-altitude economy and has launched products addressing thermal management issues in electric vehicles and AI data servers [5]. Group 5: Financial Performance - For the first three quarters of 2025, Huitong Co. reported revenues of 4.721 billion yuan, a year-on-year increase of 10.03%, and a net profit of 166 million yuan, up 8.96% [6].

Core Insights - The chemical industry is entering a favorable phase driven by demand, value, and supply dynamics [5][6][7] - Global supply constraints and the exit of European capacities are expected to enhance the market environment for the chemical sector [7] Demand Drivers - Key opportunities identified in various sectors include: - Gas turbine upstream: companies like Zhenhua Co., Yingliu Co., Longda Co., and Wanze Co. [5] - Refrigerants and fluorinated liquids: companies such as Juhua Co., New Zhoubang, and Runhe Materials [5] - Energy storage supply chain: including Chuanheng Co., Xingfa Group, Yuntianhua, Batian Co., and others [5] - Semiconductor materials: companies like Yanggu Huatai, Wanrun Co., Dinglong Co., and others [5] Value Drivers - Potential for increased dividend yields in sectors such as: - Coal chemical: Hualu Hengsheng, Luxi Chemical, and Baofeng Energy [6] - Oil refining: Hengli Petrochemical, Satellite Chemical, and Sinopec [6] - Phosphate fertilizers: Yuntianhua, Yuntu Holdings, and others [6] Supply Drivers - Domestic anti-involution policies and the exit of European production capacities are expected to support the chemical industry: - PTA and polyester filament: companies like Xin Fengming and Tongkun Co. [7] - Tire manufacturing: including Sailun Tire, Zhongce Rubber, and others [7] Key Companies and Profit Forecasts - Selected companies with profit forecasts include: - Zhenhua Co. (Net profit forecast for 2025: 6.04 billion, PE: 21.8) [8] - Yingliu Co. (Net profit forecast for 2025: 4.08 billion, PE: 42.7) [8] - Longda Co. (Net profit forecast for 2025: 1.06 billion, PE: 34.9) [8] - Wanze Co. (Net profit forecast for 2025: 2.37 billion, PE: 32.9) [8] - Juhua Co. (Net profit forecast for 2025: 48.14 billion, PE: 24.4) [8] Industry Cycle Insights - The chemical industry is expected to enter a new cycle, with demand recovery and supply-side reforms driving growth [14][21] - The chemical price index has shown signs of recovery, indicating a potential upturn in the market [20][21]

证券日报网讯 12月9日，会通股份在互动平台回答投资者提问时表示，公司主要根据下游客户的订单实 行"以销定产"的生产模式，产量稳步提升中，具体请详见公司定期报告。 ...

Core Viewpoint - The company has confirmed that its wet separator membrane can be applied in semi-solid batteries, but not in solid-state batteries. The company aims to focus on innovations in lithium battery technology and intends to become a comprehensive materials supplier for various functional membranes in the future [2]. Group 1 - The company's wet separator membrane is applicable to semi-solid batteries [2]. - Solid-state batteries do not utilize wet separator membranes [2]. - The company will maintain a strong focus on cutting-edge technological innovations in the lithium battery market [2]. Group 2 - The company aims to make appropriate technological preparations to achieve breakthroughs in the lithium battery market [2]. - The goal is to become a materials supplier that integrates the production of various functional membranes [2].

Group 1 - The company is actively promoting the construction of its wet-process separator project, with some production lines already operational and supplying products [2] - The separator production capacity is still being gradually increased, and the company encourages stakeholders to monitor its regular reports for specific progress updates [2]