Group 1 - The company has submitted an application for issuing H shares to the Hong Kong Stock Exchange, with the relevant filing materials accepted by the China Securities Regulatory Commission [1] - In the large chemical sector, the company aims to enhance its profitability by extending its upstream and downstream industrial chain, including several strategic investment projects in polystyrene production [1] - The company plans to actively promote the recovery of production capacity at Guoen Chemical (Dongming) and integrate internal resources to establish a complete vertical industrial chain from monomers to end products [1] Group 2 - In the health sector, the company is focusing on the "collagen+" strategy, with its subsidiary Dongbao Biological leading in the collagen field and expanding its hollow capsule production capacity [2] - Dongbao Biological has an annual production capacity of 13,500 tons of gelatin, while Yiqing Biological has a capacity of 39 billion hollow capsules, which is expected to increase significantly after the completion of its new production project [2] - The company anticipates a significant increase in performance due to the expansion of hollow capsule production capacity, entering a growth phase [2] Group 3 - The company expects to achieve net profits of 742 million, 947 million, and 1.095 billion yuan from 2025 to 2027, with corresponding price-to-earnings ratios of 12.57X, 9.84X, and 8.52X, respectively [2]

Core Viewpoint - The collaboration between Guoen Co., Ltd. and Hong Kong City University aims to enhance photovoltaic output and develop integrated seawater resource extraction technologies, indicating a strategic move towards innovation and resource optimization in the renewable energy sector [1][2]. Group 1: Project Overview - The partnership focuses on two main areas: "photovoltaic cooling enhancement" and "low-energy lithium extraction from seawater," both of which hold significant commercial potential [2]. - The photovoltaic cooling enhancement technology addresses the cooling challenges faced by solar panels in outdoor environments, particularly in coastal and arid regions, enabling synergistic benefits of "power generation + freshwater" [2]. - The project has progressed to the pilot testing stage after successful laboratory validation, showcasing the readiness for further development and commercialization [1]. Group 2: Technological Innovations - The innovative approach in lithium extraction involves the design of new composite adsorption materials that combine efficient photothermal conversion with selective ion recognition, addressing the technical bottlenecks in current photothermal materials [2]. - The development of a low-energy "photothermal-driven lithium extraction system" aims to provide a sustainable solution for the global supply of critical scarce resources, aligning with the growing demand in the new energy sector [2]. - The project emphasizes resource sharing and mutual benefits among the collaborating parties, fostering a collaborative environment for technological advancement [1].

Core Viewpoint - The company reported strong financial performance in Q1-Q3 2025, with revenue and net profit showing significant year-on-year growth, driven by the demand for modified plastics in various industries, including traditional appliances and emerging markets like new energy vehicles and robotics [1][2]. Financial Performance - In Q1-Q3 2025, the company achieved revenue of 15.497 billion yuan, a year-on-year increase of 9.44%, and a net profit attributable to shareholders of 615 million yuan, up 34.24% year-on-year [1]. - For Q3 2025, revenue reached 5.743 billion yuan, reflecting an 18.81% year-on-year growth and a 7.52% quarter-on-quarter increase. The net profit attributable to shareholders was 269 million yuan, marking a 46.67% year-on-year rise and a 14.66% quarter-on-quarter increase [1]. Business Growth Drivers - The company's modified and composite materials business is expanding, capitalizing on opportunities in traditional and emerging markets, including partnerships with leading clients such as Hisense, Gree, CATL, and BYD [1]. - The company is focusing on high-end product development in areas like HP-RTM ultra-thin battery packs and PHB, which is driving product premiumization [1]. - Strategic investments in humanoid robotics and low-altitude economy sectors are underway, including a planned 1,000-ton PEEK materials project and the establishment of an autonomous computing center for AI model training [1]. Industry Outlook - China's modified plastics production is expected to grow significantly, with the modification rate increasing from 15.2% to 26.2% from 2014 to 2024, indicating substantial room for improvement compared to international standards [2]. - The compound annual growth rate (CAGR) for high polymer modified materials and composite materials in China is projected to be 14.1% from 2025 to 2029, driven by new industries such as robotics and low-altitude economy, as well as increased demand for modified plastics in appliances and automotive lightweighting [2]. Strategic Investments - The company is enhancing its vertical integration in the chemical industry through strategic investments in projects like Guo'en Yisu, Hong Kong Petrochemical, and Guo'en Dongming [2]. - The production capacity of Guo'en Yisu's 1 million tons of polystyrene (PS) project is progressing, with the first phase of 600,000 tons already operational [2].

Core Viewpoint - Guoen Technology Co., Ltd. is focusing on the development of aviation-grade cross-linked polymethyl methacrylate (CPMMA) to capitalize on the strategic opportunities in the domestic large aircraft and high-end aviation equipment sectors [1] Group 1: Product Overview - CPMMA is a high-performance variant of conventional PMMA, featuring a three-dimensional network structure that enhances mechanical strength, heat resistance, and weather resistance while maintaining high transparency [1] - The material is essential for manufacturing aviation transparent components such as aircraft windshields and cockpit covers, and has applications in high-end optical and display technologies, medical devices, industrial and renewable energy sectors, and high-precision modeling and 3D printing [1] Group 2: Strategic Initiatives - To overcome technological barriers in aviation-grade transparent materials and achieve domestic substitution and self-control of key materials, the company has been investing in the formulation research and process development of CPMMA through collaboration with foreign research institutions and independent innovation [1] - The company plans to invest in a project at its Qingdao production base to establish an annual production capacity of 20,000 square meters for aviation-grade acrylic glass, aiming to create a vertically integrated production base for aviation-grade transparent materials [1]

青岛国恩科技股份有限公司 简式权益变动报告书 | 公司名称 | 青岛国恩科技股份有限公司 | | | --- | --- | --- | | 上市地点 | 深圳证券交易所（A 股）、香港联合交易所有限公司（H 股） | | | 股票简称 | 国恩股份（A 股） | 股）、國恩科技（H | | 股票代码 | 002768（A | 股）、2768（H 股） | | 信息披露义务人及其 | 王爱国 | 徐波 | 青岛世纪星豪投资有限 | | --- | --- | --- | --- | | 一致行动人 | | | 公司 | | 住所 | 山东省青岛市 | 山东省青岛市 | 山东省青岛市城阳区裕 | | | 城阳区 | 城阳区 | 园三路 号 36 | | 股份变动性质 | 被动稀释（上市公司发行 | 股股票） H | | 签署日期：二〇二六年二月四日 信息披露义务人声明 一、信息披露义务人依据《中华人民共和国证券法》《上市公司收购管理办法》、 《公开发行证券公司信息披露内容与格式准则第 15 号—权益变动报告书》及相关的 法律、法规和规范性文件编写本报告书。 二、信息披露义务人签署本报告书已获得必要的授权和批准。 ...

股票代码：002768 股票简称：国恩股份 公告编号：2026-011 青岛国恩科技股份有限公司 关于控股股东及一致行动人权益变动的提示性公告 本公司及董事会全体成员保证信息披露内容的真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 一、本次权益变动基本情况 根据中国证券监督管理委员会（以下简称"中国证监会"）出具的《关于 青岛国恩科技股份有限公司境外发行上市备案通知书》（国合函〔2025〕2196 号），青岛国恩科技 股份有限公司（以下简称"公司"）发行不超过 54,050,000 股境外上市普通股并在香港联合交易所有限公司（以下简称"香港 联交所"）上市。2026 年 2 月 4 日，公司发行 30,000,000 股 H 股并在香港联交 所上市，公司总股本由 271,250,000 股增加至 301,250,000 股，公司控股股东王 爱国先生及一致行动人徐波女士、青岛世纪星豪投资有限公司（以下简称"世 纪星豪"）持有公司股份数量不变，持股比例被动稀释，合计持股比例由 56.41%降至 50.79%（占剔除公司回购股份后总股本比例为 51.86%）。 | 股东名称 | 股份性质 | 变动前持有股 ...

Core Viewpoint - Qingdao Guoen Technology Co., Ltd. (referred to as "Guoen Technology") has successfully listed on the Hong Kong Stock Exchange, raising a total of HKD 1.08 billion through the issuance of 30 million shares at an offering price of HKD 36 per share [1][3]. Group 1: Company Overview - Guoen Technology specializes in chemical new materials and upstream and downstream products such as gelatin and collagen, serving the chemical and health industries [4]. - The company has a diverse customer base, including manufacturers in the automotive, new energy, and home appliance sectors, as well as pharmaceutical manufacturers in the health sector [4]. - Guoen Technology has made several strategic acquisitions to enhance its vertical integration and expand its presence in the health industry, including the acquisition of Yiqing Bio and Dongbao Bio [4]. Group 2: Financial Performance - The company's revenue for 2022, 2023, and 2024 is projected to be RMB 134 billion, RMB 174.4 billion, and RMB 191.9 billion, respectively, with net profits of RMB 7.2 billion, RMB 5.4 billion, and RMB 7.2 billion during the same periods [5][6]. - For the first ten months of the 2025 fiscal year, Guoen Technology reported revenue of RMB 174.4 billion and a net profit of RMB 7.21 billion [7]. Group 3: Shareholder Structure - The controlling shareholders of Guoen Technology are Wang Aiguo and his wife, holding 56.6% of the shares [8]. - Wang Aiguo, the founder and chairman, holds 46.45% of the shares, while other significant shareholders include Qingdao Century Star Hao Investment Co., Ltd. and Xu Bo [15][16].

Group 1 - The company, Guoen Co., Ltd. (国恩股份), has received approval from the Hong Kong Stock Exchange for the issuance of H-shares [1] - The H-shares are set to be listed and traded on the main board of the Hong Kong Stock Exchange on February 4, 2026 [1] - The Chinese abbreviation for the H-shares is "國恩科技," and the English abbreviation is "GONTECHNOLOGY," with the stock code "2768" [1]

Group 1 - The core point of the article is that Guoen Co., Ltd. (国恩股份) has received approval from the Hong Kong Stock Exchange for the listing of its H-shares, which will commence trading on February 4, 2026 [1] - The H-shares will be listed under the Chinese name "國恩科技" and the English name "GONTECHNOLOGY" with the stock code "2768" [1]

股票代码：002768 股票简称：国恩股份 公告编号：2026-010 青岛国恩科技股份有限公司 关于境外上市外资股（H 股）挂牌并上市交易的公告 特此公告。 青岛国恩科技股份有限公司（以下简称"公司"）正在进行发行境外上市 外资股（H 股）并在香港联合交易所有限公司（以下简称"香港联交所"）主 板挂牌上市（以下简称"本次发行并上市"）的相关工作。 公司本次全球发售 H 股总数为 30,000,000 股，其中，香港公开发售 3,000,000 股，占全球发售总数的 10%；国际发售 27,000,000 股，占全球发售总 数的 90%。公司本次发行不行使超额配售权，根据每股 H 股发售价 36.00 港元 计算，经扣除全球发售相关承销佣金及其他估计费用后，公司将收取的全球发 售所得款项净额估计约为 10.00 亿港元。 经香港联交所批准，公司本次发行的 30,000,000 股 H 股股票于 2026 年 2 月 4 日在香港联交所主板挂牌并上市交易。公司 H 股股票中文简称为"國恩科 技"，英文简称为"GON TECHNOLOGY"，股份代号为"2768"。 | 股东类别 | 本次发行并上市前 | | 本 ...