Group 1 - The aviation engine sector saw a rise of 3.47%, ranking fifth among concept sectors, with 87 stocks increasing, including Aileda which hit the daily limit up by 20% [1] - Notable gainers in the aviation engine sector included Shanhua Intelligent (up 10.01%), Xiangya Technology (up 11.19%), and Xiling Power (up 8.47%) [1][7] - The sector experienced a net inflow of 1.975 billion yuan, with 48 stocks receiving net inflows, and six stocks exceeding 100 million yuan in net inflow, led by Shanhua Intelligent with 494 million yuan [2][3] Group 2 - The top three stocks by net inflow ratio were Xiguang Electronics (23.75%), Aileda (22.99%), and Shanhua Intelligent (20.94%) [3] - The aviation engine concept sector was among the top gainers, alongside military restructuring and military-civilian integration concepts, which rose by 5.68% and 3.53% respectively [2] - The overall market performance showed a mixed trend, with some sectors like dairy and animal vaccines experiencing declines of -0.46% and -0.39% respectively [2]

Market Performance - The metal new materials sector increased by 1.18% on August 4, with Jiangnan New Materials leading the gains [1] - The Shanghai Composite Index closed at 3583.31, up 0.66%, while the Shenzhen Component Index closed at 11041.56, up 0.46% [1] Stock Highlights - Jiangnan New Materials (603124) closed at 59.96, up 10.00%, with a trading volume of 61,200 lots and a transaction value of 365 million [1] - Longda Co., Ltd. (688231) rose by 7.24% to 21.02, with a trading volume of 84,500 lots and a transaction value of 173 million [1] - Tunan Co., Ltd. (300855) increased by 6.80% to 26.70, with a trading volume of 161,100 lots and a transaction value of 425 million [1] Fund Flow Analysis - The metal new materials sector saw a net inflow of 143 million from institutional investors, while retail investors experienced a net outflow of 118 million [2] - Major stocks like Jiangnan New Materials had a net inflow of 148 million from institutional investors, accounting for 40.71% of the total [3] - Retail investors showed a net outflow of 55.31 million from Jiangnan New Materials, representing a 15.18% decrease [3]

每经AI快讯，隆达股份（SH 688231，最新价：20.24元）8月1日晚间发布公告称，公司第二届第十四次 董事会会议于2025年8月1日在公司会议室以现场结合通讯方式召开。会议审议了《关于公司为下属全资 子公司提供担保的议案》等文件。 2024年1至12月份，隆达股份的营业收入构成为：航空航天占比31.24%，其他占比29.15%，燃机占比 19.18%，汽车涡轮占比7.21%，油气化工占比7.06%，其他业务占比6.16%。 每经头条（nbdtoutiao）——"我们也深陷残酷价格战"！德资巨头中国区高管警告：智驾绝不能免费， 否则会给全行业带来灾难 （记者 王瀚黎） ...

Group 1 - The company held its 14th meeting of the second board of directors on August 1, 2025, where all 9 directors participated and the meeting was deemed legally valid [2][4] - The board approved the use of up to RMB 600 million of temporarily idle raised funds for cash management, ensuring the safety of the funds and that it does not affect the construction and use of the fundraising projects [3][18] - The cash management will involve purchasing safe, liquid, and principal-protected financial products, with a usage period of 12 months from the date of approval [24][28] Group 2 - The company also approved a guarantee of up to RMB 120 million for its wholly-owned subsidiary, SINGDA SUPERALLOY (MALAYSIA) SDN. BHD., to fulfill its obligations under a sales contract with SUMEC International Technology Co., Ltd. [5][39] - The guarantee period will last for three years from the fulfillment of the main contract obligations, and the company has sufficient control over the subsidiary's operations and credit status [42][43] - The board and supervisory committee confirmed that the guarantee does not harm the interests of the company or its shareholders [44][46]

Group 1 - The board of directors of Jiangsu Longda Superalloy Co., Ltd. held its 14th meeting of the second session on August 1, 2025, with all 9 directors participating in the voting [1][2] - The board approved the proposal to use part of the temporarily idle raised funds for cash management, allowing up to RMB 600 million to be used within 12 months, ensuring the safety of the funds and not affecting the project construction [1][3] - The board also approved a guarantee for its wholly-owned subsidiary, SINGDA SUPERALLOY (MALAYSIA) SDN. BHD., providing a guarantee of up to RMB 120 million for debts under a sales contract, with a guarantee period of three years from the debt fulfillment date [3]

Group 1 - The supervisory board of Jiangsu Longda Superalloy Co., Ltd. held its tenth meeting, which was legally convened and attended by all three supervisors [1][2] - The board approved the proposal to use part of the temporarily idle raised funds for cash management, aiming to improve the efficiency of fund utilization and generate certain returns without harming the interests of the company and shareholders [1][2] - The board also approved the proposal for the company to provide guarantees for its wholly-owned subsidiary, New Da Malaysia Company, based on actual business needs, ensuring that the company can effectively control risks and monitor the subsidiary's credit status [2]

证券代码：688231 证券简称：隆达股份 公告编号：2025-033 江苏隆达超合金股份有限公司 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： ? 担保对象及基本情况 Singda Superalloy (Malaysia) 被担保人名称 Sdn. Bhd. 本次担保金额 12,000 万元 担保对 象 实际为其提供的担保余额 0 万元 是否在前期预计额度内 □是 ?否 □不适用：_________ 本次担保是否有反担保 □是 ?否 □不适用：_________ ? 累计担保情况 对外担保逾期的累计金额（万元） 0 截至本公告日上市公司及其控股 子公司对外担保总额（万元） 对外担保总额占上市公司最近一 期经审计净资产的比例（%） □对外担保总额超过最近一期经审计净资产 □担保金额超过上市公司最近一期经审计净 特别风险提示（如有请勾选） 资产 50% □对合并报表外单位担保金额达到或超过最 近一期经审计净资产 30%的情况下 □对资产负债率超过 70%的单位提供担保 其他风险提示（如有） 无 一、担保情况概述 ...

Core Viewpoint - Jiangsu Longda Superalloy Co., Ltd. plans to use part of its temporarily idle raised funds for cash management, with a limit of up to RMB 600 million, ensuring the safety of the funds and not affecting the construction and use of the fundraising projects [1][2][9] Fundraising Basic Situation - The company raised a total of RMB 2,411,794,296.88 from its initial public offering, with a net amount of RMB 2,201,271,584.45 after deducting issuance costs [2] - The funds are stored in a special account to ensure proper management and protection of investor rights [2] Fundraising Investment Project Situation - The main investment project involves a technical transformation project to increase the annual production capacity of aviation-grade high-temperature alloys by 10,000 tons, with a total investment of RMB 100,016.77 million [3] - The project scale was adjusted from an original design capacity of 6,000 tons to 3,000 tons, with the revised fundraising usage amounting to RMB 80,176.88 million [5] Cash Management Basic Situation - The purpose of cash management is to improve the efficiency and returns of the temporarily idle funds while ensuring safety and not affecting project construction [5] - The cash management will involve purchasing high-security, high-liquidity financial products, with a maximum investment period of 12 months [5][6] Implementation and Disclosure - The board of directors authorized the management to handle related matters, with the finance department responsible for implementation [6] - The company will comply with relevant regulations for timely information disclosure regarding cash management activities [6] Impact on Daily Operations - The planned cash management will not affect the normal operations of the company or the ongoing fundraising investment projects, and it aims to enhance returns for the company and its shareholders [6][9] Opinions from Supervisory and Sponsoring Institutions - The supervisory board and sponsoring institutions have expressed their agreement with the cash management plan, confirming that it complies with legal requirements and does not harm the interests of shareholders [8][9]

Overview of the Guarantee - Jiangsu Longda Superalloy Co., Ltd. plans to provide an unconditional and irrevocable joint liability guarantee for its wholly-owned subsidiary, Singda Superalloy (Malaysia) Sdn. Bhd., to fulfill its obligations under a sales contract with SUMEC International Technology Co., Ltd. The total guarantee amount will not exceed RMB 120 million [2][4]. Internal Decision-Making Process - The board of directors approved the guarantee proposal during its tenth meeting, authorizing the chairman or authorized personnel to execute the decision and sign relevant legal documents. This guarantee does not require shareholder approval as it falls within the board's decision-making authority [2][4]. Financial Overview of the Guaranteed Entity - Singda Superalloy (Malaysia) Sdn. Bhd. has total assets of approximately RMB 5.27 billion and total liabilities of about RMB 503.45 million. The company reported a net profit of -54.64 million RMB for the year 2024 [3][4]. Necessity and Reasonableness of the Guarantee - The guarantee is deemed necessary to support the operational needs of the subsidiary and improve capital turnover efficiency. The company has a comprehensive understanding of the subsidiary's financial health and creditworthiness, making the risk manageable [3][4]. Board of Directors' Opinion - The board believes that the guarantee aligns with the company's operational development needs and does not harm the interests of the company or its shareholders. The company can effectively control the risks associated with the subsidiary's daily operations [3][4]. Cumulative External Guarantee Status - As of the disclosure date, the company and its subsidiaries have no external guarantees. After this guarantee, the total amount of guarantees to subsidiaries will represent 3.36% of the company's total audited assets and 4.44% of its net assets [4]. Sponsor's Verification Opinion - The sponsor confirms that the guarantee has been approved by the board and supervisory committee, fulfilling necessary approval procedures and complying with relevant regulations, ensuring no harm to the interests of the company and minority shareholders [4].

Core Viewpoint - The company plans to utilize part of its temporarily idle raised funds for cash management to enhance fund efficiency and returns while ensuring that it does not affect the ongoing projects funded by these raised funds [1][6][8]. Fundraising Overview - The company raised a total of approximately RMB 2.41 billion through its initial public offering, with a net amount of about RMB 2.20 billion after deducting issuance costs [1][4]. - The funds are stored in a special account to ensure proper management and protection of investor rights [2]. Investment Project Details - The primary investment project involves a technical transformation to increase the annual production capacity of aviation-grade high-temperature alloys by 10,000 tons, with a total investment of approximately RMB 1 billion [3][4]. - The project’s capacity was adjusted from an original design of 6,000 tons to 3,000 tons due to construction timelines [4]. Cash Management Plan - The company intends to use up to RMB 600 million of the temporarily idle funds for cash management within a 12-month period [5][8]. - The cash management will focus on low-risk, high-liquidity products such as time deposits and structured deposits, with a maximum investment period of 12 months [5][6]. Impact on Operations - The cash management plan is designed to ensure that it does not interfere with the company's normal operations or the progress of the fundraising investment projects [6][8]. - Utilizing idle funds for cash management is expected to generate additional returns for the company and its shareholders [6]. Compliance and Approval - The cash management plan has been approved by the company's board of directors and supervisory board, complying with relevant laws and regulations [7][8]. - The sponsor institution has confirmed that the plan does not alter the intended use of the raised funds and adheres to regulatory requirements [8].