Group 1 - Company Zhongzi Technology announced the sale of photovoltaic power station assets to its wholly-owned subsidiary Sichuan Zhongzi Future Energy Co., Ltd. for approximately 1.45 million yuan, which is the book value of the assets [1] - The transaction is part of the company's business development plan and unified management needs [1] Group 2 - The announcement follows a recent incident where stock market manipulation and platform review loopholes were highlighted, particularly in relation to the stock performance of Xiangyang Bearing [1]

申万宏源证券承销保荐有限责任公司 关于中自科技股份有限公司 向全资子公司出售募投项目部分资产的核查意见 申万宏源证券承销保荐有限责任公司（以下简称"申万宏源"或"保荐人"） 作为中自科技股份有限公司（以下简称"中自科技"或"公司"）的首次公开发 行股票的保荐人，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》及《上海证券交易所科创板上市公司自律监管指引第 1 号— —规范运作》等有关规定，对中自科技向全资子公司出售募投项目部分资产的事 项进行了核查，核查情况及核查意见如下： 一、募集资金基本情况 | 序号 | 项目名称 | 募集资金承诺投资总额 | 调整后投资总额 | | --- | --- | --- | --- | | 1 | 新型催化剂智能制造园区 | 47,000.00 | 45,361.80 | 1 | 2 | 汽车后处理装置智能制造产业园项 目 | 26,500.00 | 25,576.33 | | --- | --- | --- | --- | | 3 | 国六 b 及以上排放标准催化剂研发 能力建设项目 | 16,090.18 | 16,090.18 | | 4 | ...

证券代码：688737 证券简称：中自科技 公告编号：2025-071 中自科技股份有限公司 关于调整部分投资项目投资总额的公告 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： （一）投资项目的财务风险。本次调整的两个项目投资资金来源均为公司自 有资金及银行贷款，虽然本次调整没有增加总的投资金额且公司银行信用良好， 但项目投资、建设过程中的资金筹措、信贷政策的变化可能导致项目存在资金筹 措到位不及时的风险，进而影响项目建设进度。 （二）投资项目新增产能消化风险。本次"复杂高性能复合材料结构件研发 及制造项目"投资调整后将为公司新增 100 万平方米预浸料和 10 吨复合材料结 构件产能。尽管公司本次投资调整系经过可行性论证和市场分析而确定，但如果 项目投产后，行业环境、市场需求、客户开拓等情况不及预期或出现其他不可抗 项目一名称：中自碳谷产业基地项目 实施主体：四川中自新材料有限公司 调整内容：原预计总投资 60,000.00 万元，现预计总投资不超过 28,023.90 万 元 项目二名称：复杂高性能复合材料 ...

证券代码：688737 证券简称：中自科技 公告编号：2025-072 中自科技股份有限公司 二、募集资金投资项目情况 关于向全资子公司出售募投项目部分资产的公告 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： 涉及出售的项目名称：首次公开发行股票的募集资金投资项目（以下 简称"募投项目"）之"国六 b 及以上排放标准催化剂研发能力建设项目"。 四川中自未来能源有限公司（以下简称"中自未来"）系中自科技股 份有限公司（以下简称"公司"）全资子公司，公司拟向中自未来出售募投项 目"国六 b 及以上排放标准催化剂研发能力建设项目"光伏电站资产，该募 投项目已结项，投资金额、用途、实施地点等其他事项均不变。 根据《上海证券交易所科创板股票上市规则》以及《中自科技股份有 限公司章程》等规定，本次向全资子公司出售募投项目"国六 b 及以上排放 标准催化剂研发能力建设项目"光伏电站资产事项无需提交公司股东会审议。 本次向全资子公司出售募投项目"国六 b 及以上排放标准催化剂研发 能力建设项目"光伏电站资产事项不构成关联交易 ...

证券代码：688737 证券简称：中自科技 公告编号：2025-073 中自科技股份有限公司 第四届董事会第九次临时会议决议公告 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。 一、董事会会议召开情况 中自科技股份有限公司（以下简称"公司"）第四届董事会第九次临时会议 于 2025 年 12 月 3 日（星期三）在成都市高新区古楠街 88 号公司研发楼会议室 以现场结合通讯的方式召开。会议通知已于 2025 年 12 月 2 日通过邮件的方式送 达各位董事，并在会前提请各位董事同意豁免本次董事会会议的提前通知时限。 本次会议应出席董事 9 人，实际出席董事 9 人。会议由董事长陈启章先生主持， 公司董事会秘书列席了本次会议。会议的召集、召开程序符合有关法律、法规、 规章和《公司章程》的规定。经各位董事认真审议，会议形成了如下决议： 二、董事会会议审议情况 （一）审议通过《关于公司向全资子公司出售募投项目部分资产的议案》 本议案已经董事会审计委员会审议通过，并同意提交董事会审议。 具体内容详见公司同日披露于上海证券交易所网站（w ...

证券代码：688737 证券简称：中自科技 公告编号：2025-070 中自科技股份有限公司 关于 2025 年度对外担保计划的进展公告 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： 被担保人成都金乌未来新能源科技有限公司（以下简称"成都金乌"） 系中自科技股份有限公司（以下简称"公司"或"中自科技"）全资子公司四川 中自未来能源有限公司（以下简称"中自未来"）的全资子公司，故成都金乌系 公司合并报表范围内的全资子公司，不属于关联担保。 本次担保金额及已实际为其提供的担保余额：公司为成都金乌与远青供 应链管理（成都）有限公司（以下简称"远青供应链"）签订的《分布式光伏项 目合同能源管理协议》合同履约提供最高金额为 800.00 万元的一般保证责任。 截至本公告披露日，公司已实际为中自未来及其子公司提供的担保余额为 7,953.00 万元（含本次担保）。 特别风险提示：本次担保为对资产负债率超过 70%的全资子公司提供担 保，请广大投资者充分关注担保风险。 一、担保情况概述 | | | | 被担保方最 | | ...

Core Viewpoint - The article highlights the significant dependency of China's high-end manufacturing on Japan for critical strategic new materials, particularly in the semiconductor and advanced manufacturing sectors, emphasizing the risks posed by geopolitical tensions and supply chain vulnerabilities [2][4]. Group 1: Dependency on Japanese Core New Materials - Japan holds a monopolistic position in semiconductor materials, high-end polymers, and electronic chemicals, with China's dependency exceeding 50% in several key categories, and nearly 100% in some high-end areas [4][6]. - The complexity of semiconductor manufacturing processes means that Japan dominates the supply of critical materials like photoresists and silicon wafers, with global market shares consistently above 60% [6][9]. Group 2: Semiconductor Core Materials - **Photoresists**: China has an overall import dependency of about 90%, with high-end photoresists being 100% reliant on Japan. Major suppliers include JSR, Tokyo Ohka, Shin-Etsu Chemical, and Fujifilm, which control 92% of the high-end market [7]. - **12-inch Silicon Wafers**: The import dependency is around 90%, with Japan supplying 58%. Key players like Shin-Etsu Chemical and SUMCO dominate over 60% of the market [9]. - **High-Purity Ruthenium Targets**: The import dependency is 98%, with Japan's JX Metals and TOSOH holding a significant market share. Domestic production is limited to lower purity levels [12]. Group 3: High-End Polymer Materials - Japan leads the high-end market for electronic-grade polyimide films, with an import dependency of 85% for overall polyimide materials, and 90% for high-end applications [19]. - **Optical-grade PET Films**: The import dependency is 75%, with Japan supplying 100% of high-end films used in MLCCs [23]. Group 4: Other Key Materials in Electronics - **Sputtering Targets**: The import dependency is approximately 95%, with Japan's JX Metals and Nippon Mining controlling 60% of the market [27]. - **High-Purity Electronic Gases**: The import dependency is 70%, with Japan's Taiyo Nippon Sanso holding a 40% market share [31]. Group 5: Hydrogen Energy and Fuel Cell Key Materials - **High-End Carbon Carrier Materials**: The overall import dependency is 85%, with Japan's TOSOH dominating the market [35]. - **Fuel Cell Platinum-based Catalysts**: The import dependency is 78%, with significant reliance on European suppliers [107]. Group 6: Aerospace and High-End Manufacturing Key Materials - **High-Temperature Alloys**: The import dependency is 90%, with major suppliers from the US and Europe completely dominating the market [80]. - **Carbon Fiber**: The import dependency is 85%, with Japan and the US leading the high-end market [86]. Group 7: New Energy and Electronics Key Materials - **High-End Lithium-Ion Battery Separators**: The import dependency is 70%, with Japan's Asahi Kasei and Toray leading the market [94]. - **Ultra-Thin Copper Foils**: The import dependency is 80%, with Japan's JX Copper and Mitsui Mining dominating the supply [98].

Core Viewpoint - The company, Zhongzi Technology, announced that as of the date of the announcement, it has no overdue guarantees or guarantees related to litigation [1] Group 1 - The company confirmed the absence of overdue guarantees [1] - The company stated there are no guarantees involved in any litigation [1]

证券代码：688737 证券简称：中自科技 公告编号：2025-069 中自科技股份有限公司 关于 2025 年度对外担保计划的进展公告 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： 被担保人成都中自光明催化科技有限公司（以下简称"中自光明"）系 中自科技股份有限公司（以下简称"公司"或"中自科技"）合并报表范围内的 控股子公司，故不属于关联担保。 本次担保金额及已实际为其提供的担保余额：公司本次为中自光明提供 的担保金额为 1,000.00 万元，截至本公告披露日，公司已实际为中自光明提供的 担保余额为 6,000.00 万元（含本次担保）。 本次担保未提供反担保。 对外担保逾期的累计数量为 0。 特别风险提示：本次担保为对资产负债率超过 70%的控股子公司提供担 保，请广大投资者充分关注担保风险。 一、担保情况概述 （一）担保的基本情况 为满足控股子公司中自光明日常经营资金需求，近日公司与浙江民泰商业银 行股份有限公司成都双流支行（以下简称"浙江民泰银行"）签署《最高额保证 | 务为银行承兑 | 汇票、保 ...

Core Insights - The demand for AIDC is expected to grow significantly, driven by the "power shortage" in the US grid, which is boosting the Onsite Power market [1][2] - SOFC (Solid Oxide Fuel Cell) is identified as the most promising Onsite Power solution due to its advantages over gas turbines, including sufficient capacity, rapid deployment, compact size, and high power density [3][4] - The materials used in SOFC are crucial, with the current industrialization primarily relying on ceramic support structures [4] Group 1: AIDC Demand and Market Dynamics - The US Department of Energy projects that electricity demand from data centers will increase 2-3 times from 2023 to 2028, reaching 325-580 TWh, which will raise its share of total US electricity demand from 6.7% to 12% [1] - The aging US power grid and lengthy construction timelines for new lines are causing delays in AIDC deployment, leading developers to consider self-built power sources [2] - By 2030, the proportion of self-built power data centers is expected to rise significantly from 13% in April 2024 to 30% [2] Group 2: SOFC Technology and Competitive Landscape - SOFC is becoming increasingly important as a primary power source rather than just a backup, with competition primarily between SOFC and gas turbines [3] - SOFC's advantages include rapid deployment and high power density, making it a viable solution for AIDC developers facing long delivery times from traditional suppliers [3] Group 3: SOFC Material Composition and Industrialization - SOFC units consist of four main components: cathode, electrolyte, anode, and interconnect, with the stack cost accounting for 65% of the total cost [4] - The current mainstream industrialization involves ceramic electrolyte supports, with Bloom Energy's fifth-generation technology achieving a power density of 0.7 W/cm² and a lifespan exceeding 80,000 hours [4] Group 4: Relevant Companies - Key players in the SOFC market include Bloom Energy (BE.US), and domestic companies such as Weichai Power (000338.SZ), Sanhuan Group (300408.SZ), Yishitong (688733.SH), Zhongzi Technology (688737.SH), and Fuan Energy (002911.SZ) [5]