Group 1 - The company, Ningbo Changyang Technology Co., Ltd., has announced the release of its asset mortgage after repaying the loan principal and interest to the Export-Import Bank of China, Ningbo Branch [1][2] - The company had previously used its own land and buildings as collateral to apply for a bank credit limit of up to 300 million yuan, with a credit term of five years [1] - The asset mortgage involved the state-owned land use rights and property ownership located at No. 999 Qingfeng Road, Jiangbei District, Ningbo [1] Group 2 - The company has completed the cancellation registration of the asset mortgage rights and has retrieved the property ownership certificate [2] - The announcement was made by the company's board of directors on January 17, 2026 [2]

公司已还清中国进出口银行宁波分行贷款本金及利息，并于近日已办理完毕 了前述资产的资产抵押权注销登记，该笔资产抵押正式解除，并取回了不动产权 证书。 特此公告。 宁波长阳科技股份有限公司 关于自有资产解除抵押的公告 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、准确性和完整性依法承担法律责任。 一、资产抵押情况 宁波长阳科技股份有限公司（以下简称"公司"）于 2021 年 7 月 22 日召开 第二届董事会第二十次会议，审议通过了《关于公司以自有资产抵押向银行申请 综合授信额度的议案》，公司拟使用自有土地及房屋为抵押物，向中国进出口银 行宁波分行申请不超过 3 亿元银行授信额度，授信期限为 5 年，在授信期限内， 授信额度可循环使用，并授权公司董事长金亚东先生在上述授信额度范围内审核 并签署相关融资、抵押或质押担保合同文件。具体内容详见公司 2021 年 7 月 24 日在上海证券交易所网站（www.sse.com.cn）披露的《关于以自有资产抵押向银 行申请综合授信额度的公告》（公告编号：2021-042）。 上述资产抵押对应的权证为：宁波江北区庆丰路 ...

Group 1 - The company Longyang Technology stated that its reflective film and optical base film products are widely used in the liquid crystal display (LCD) field [1] - The company's products have not been applied in AI smartphones [1]

Core Viewpoint - The company Longyang Technology clarified that its reflective films and optical base films are widely used in the liquid crystal display field but have not been applied in AI smartphones [1]. Group 1 - Longyang Technology responded to an investor inquiry regarding the application of its functional films in AI smartphones [1]. - The company's products, specifically reflective films and optical base films, are primarily utilized in the liquid crystal display sector [1].

Core Viewpoint - The colored optical base film industry in China is experiencing an upward trend in market size, driven by the growth of consumer electronics and supported by government policies promoting high-end functional films. However, the growth rate has slowed down from 2022 to 2023, with a gradual recovery expected in 2024, reaching a market size of 4.267 billion yuan, a year-on-year increase of 15% [1][7]. Industry Overview - Colored optical base film is a functional material used in consumer electronics manufacturing, serving roles such as release, protection, identification, and optoelectronic tracking. It is a type of biaxially oriented polyester film (BOPET) available in various colors and specifications, crucial for the production of smartphones, tablets, and laptops [3]. Industry Policies - The government has introduced several policies to support the development of the colored optical base film industry, including the "Guidance Catalog for Industrial Structure Adjustment (2024 Edition)" which encourages high-end functional films [4]. Other policies focus on enhancing the supply capacity of key products in various sectors, including electronic chemicals and high-performance membrane materials [4]. Industry Chain - The industry chain consists of upstream components like polyester chips and additives, midstream production of colored optical base films, and downstream applications in consumer electronics, renewable energy, and photovoltaics. The demand for colored optical base films is expected to rise with the growth of the consumer electronics sector [6][7]. Current Market Status - The market size of the colored optical base film industry has been increasing, primarily due to the rapid updates in consumer electronics and the proliferation of 5G, IoT, and smart wearable devices. However, the growth rate slowed from 2022 to 2023 due to insufficient effective demand, with a recovery anticipated in 2024 [1][7]. Competitive Landscape - The market is predominantly occupied by foreign manufacturers with advanced technology. However, domestic companies like Hangzhou Heshun Technology Co., Ltd. and Jiangsu Yuxing Film Technology Co., Ltd. are emerging as strong competitors, expected to increase R&D investments to enhance market competitiveness [7]. Key Companies - Hangzhou Heshun Technology Co., Ltd. is a leading domestic player in the colored optical base film sector, with a revenue of 135 million yuan in the first half of 2025, a year-on-year increase of 6.53% [9]. Jiangsu Yuxing Film Technology Co., Ltd. is a major manufacturer of functional polyester films, reporting a revenue of 713 million yuan in the first nine months of 2025, a year-on-year decrease of 16.35% [10]. Future Development Trends - The colored optical base film industry is expected to evolve towards lightweight, flexible, and customized products. Innovations in ultra-thin technology and molecular chain structure optimization will enhance the performance of films, meeting the demands of emerging products like foldable phones and wearable devices [10]. Customization will also become a key trend, allowing companies to develop specialized products for different segments of the consumer electronics market [10].

一、日常关联交易基本情况 （一）日常关联交易履行的审议程序 证券代码：688299 证券简称：长阳科技 公告编号：2026-001 宁波长阳科技股份有限公司 关于预计 2026 年度日常关联交易的公告 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。 重要内容提示： 是否需要提交股东会审议：否 日常关联交易对上市公司的影响：本次预计的关联交易属于公司及子公 司日常关联交易，以正常生产经营业务为基础，以市场价格为定价依据，不影响 公司的独立性，不存在损害公司及股东利益的情形，不会对关联人形成依赖。 2026 年 1 月 12 日，宁波长阳科技股份有限公司（以下简称"公司"）召开 第四届董事会第八次会议，审议通过了《关于预计公司 2026 年度日常关联交易 的议案》，表决结果：关联董事杨衷核回避表决，出席会议的非关联董事一致同 意该议案。 本议案已经第四届董事会独立董事第二次专门会议审议通过，并同意将该议 案提交至公司董事会进行审议。独立董事认为：公司及子公司本次预计 2026 年 度与关联人发生的日常关联交易系正常市场行为，符合公 ...

Core Viewpoint - The company announced that it will hold the eighth meeting of the fourth board of directors on January 12, 2026, to review the proposed daily related party transactions for 2026, which do not require shareholder approval [1] Group 1: Related Party Transactions - The company expects to sell goods worth 3 million yuan to related party Changzhou Aozhi High Polymer Group and its subsidiaries in 2026, accounting for 0.31% of similar business [1] - The cumulative transaction amount from the beginning of the year to the disclosure date is 0, while the actual transactions in the previous year amounted to 3.1726 million yuan [1] - The related party transactions are priced at market rates, ensuring that the company's independence is not affected and shareholder interests are not harmed [1]

Core Viewpoint - The company is focusing on long-term technological positioning and industry transformation despite short-term performance fluctuations, aiming to evolve from a "single champion" to a "platform enterprise" in the materials industry [1][3]. Financial Performance - For the first three quarters of 2025, the company reported revenue of 809 million yuan, with a net profit attributable to shareholders of -5.34 million yuan, indicating a year-on-year decline [2][5]. - The gross margin increased to 30.58%, up 6.66 percentage points year-on-year, with the third quarter's gross margin reaching 32.57% and a net profit margin of 1.13%, reflecting a significant quarter-on-quarter improvement of 9.92 percentage points [2][3]. Strategic Focus - The company emphasizes the importance of continuous R&D investment as a core philosophy, balancing the pursuit of technological diversity with the need for business growth [2][3]. - The materials industry is characterized as a long-cycle sector, where true value lies in achieving key technological advancements rather than short-term gains [1][3]. Product Development - Solid-state batteries are identified as a key growth engine for the company over the next decade, with early investments made in this area since 2021 [4][5]. - The company has developed the concept of "ion-conducting membranes" to address critical technical challenges in solid-state battery production, aiming for a complete closed-loop from materials to processes [4]. Market Positioning - The company holds a 60% global market share in reflective films, establishing itself as a "single champion" in this segment, but aims to become a "platform materials enterprise" with multiple leading products [6]. - The strategic implementation relies on the establishment of the "Changyang Advanced Materials Research Institute," with a goal to develop 1-2 new globally leading products within the next decade [6]. Collaborative Efforts - The company is actively promoting the formation of a "solid-state battery industry alliance" in Ningbo, aiming to collaborate with local enterprises and research institutions to set standards and facilitate technology implementation [7]. - The CEO encourages investors to adopt a long-term perspective on the company's growth, emphasizing that the current investments in R&D and capacity building are aimed at future growth over the next five to ten years [7].

Core Viewpoint - Ningbo is emerging as a significant economic powerhouse in China, showcasing robust growth in its GDP and a strong focus on innovation and high-tech industries, particularly in the manufacturing sector. Economic Growth - Since joining the "trillion GDP club" in 2018, Ningbo's GDP has steadily increased, reaching 1.35 trillion yuan in the first three quarters of 2025, with a year-on-year growth of 5.0% [1] - Investments in emerging sectors such as artificial intelligence and robotics, high-tech services, and technology services have seen significant growth rates of 9.3%, 41.2%, and 56.7% respectively [1] Manufacturing and Innovation - Ningbo is home to 119 national manufacturing champions, maintaining the top position in China for eight consecutive years [3] - The city is recognized for its strong manufacturing base, vibrant private economy, and active foreign trade, which collectively foster an environment conducive to innovation [6] - Approximately 90% of R&D institutions, personnel, and investments, along with over 80% of invention patents, originate from enterprises in Ningbo [8] Global Market Presence - Ningbo's manufacturing sector has gained significant global influence, with notable companies like Sunny Optical Technology supplying one-third of the world's Android phone optical lenses [9] - Long阳科技, listed on the STAR Market, has dominated the global market for optical reflection films with a 55% market share, breaking the long-standing monopoly of Japanese and Korean firms [9] Emerging Industries - The humanoid robot industry in Ningbo is rapidly developing, with the number of companies capable of producing humanoid robots increasing from 3 to 8 since 2025 [10] - The city has established a strong presence in the new energy vehicle supply chain, housing 22 manufacturing champions and 97 specialized "little giant" enterprises [10] Financial Support and Innovation - Ningbo's financial sector has seen a significant increase, with a financial industry value added of 1.224 trillion yuan in the first three quarters of 2025, marking a 13.8% year-on-year growth [16] - The city has implemented various financial tools to support innovation, including specialized loans and risk-sharing mechanisms, which have facilitated the growth of high-tech enterprises [18] Policy and Strategic Initiatives - Ningbo has introduced several policies to enhance its innovation ecosystem, including the "Ningbo City Science and Technology Innovation Regulations" and the establishment of high-level innovation platforms [14] - The government is actively promoting collaboration between enterprises and research institutions to foster innovation and address industry challenges [22] Trade and Export Growth - Ningbo has organized over 300 enterprises to participate in international exhibitions, achieving an intended transaction amount exceeding 5 billion USD [15] - The city has seen a 7% increase in trade with Central and Eastern European countries, with exports reaching 45.45 billion yuan in the first three quarters of 2025 [15] Capital Market Engagement - Ningbo has a robust capital market, with 125 listed companies, including 46 national champions, leveraging capital for technological development and capacity expansion [24] - The city has established a nurturing environment for startups and innovative enterprises, with a focus on attracting long-term capital to support technological advancements [27]

Core Viewpoint - The company is focusing on long-term technological positioning and industry transformation despite short-term performance fluctuations, aiming to become a platform-type materials company rather than just a single champion in the industry [2][4]. Financial Performance - For the first three quarters of 2025, the company reported revenue of 808 million yuan and a net profit of -5.34 million yuan, indicating a year-on-year decline [3][4]. - The gross margin increased to 30.58%, up 6.66 percentage points year-on-year, with the third quarter's gross margin reaching 32.57% and a net profit margin of 1.13%, showing significant improvement [3][4]. Strategic Focus - The company emphasizes the importance of continuous R&D investment as a core part of its business philosophy, balancing the need for innovation with operational growth [3][4]. - The company aims to address the structural contradictions in the manufacturing industry, focusing on product leadership and uniqueness as a competitive advantage [3][4]. Technological Development - Solid-state batteries are identified as a key growth engine for the company over the next decade, with early investments made in this area since 2021 [5][6]. - The company has developed the "ion-conducting membrane" concept to address critical technical challenges in solid-state battery production, aiming for a complete closed-loop from materials to processes [6][7]. Market Positioning - The company holds a 60% global market share in reflective films, establishing itself as a "single champion" in this segment, but aims to evolve into a platform-type materials enterprise with multiple leading products [7][8]. - The company is actively pursuing the development of high-function membrane materials, including large pore membranes and ion-conducting membranes, supported by the establishment of the "Changyang Advanced Materials Research Institute" [7][8]. Collaborative Efforts - The company is looking to form a "full solid-state battery industry alliance" in Ningbo, collaborating with local enterprises and research institutions to set standards and promote technological implementation [7][8].