一、召开会议基本情况 证券代码：832089 证券简称：禾昌聚合 公告编号：2024-062 苏州禾昌聚合材料股份有限公司 关于 2024 年第一次临时股东大会增加临时提案的公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、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个别及连带法律责任。 苏州禾昌聚合材料股份有限公司定于 2024 年 9 月 5 日召开 2024 年第一次临时股东 大会，股权登记日为 2024 年 9 月 2 日，有关会议事项详见公司于 2024 年 8 月 20 日在 北京证券交易所官网披露的《关于召开 2024 年第一次临时股东大会通知公告（提供网 络投票）》，公告编号：2024-058。 二、增加临时提案的情况说明 （一）提案程序 2024 年 8 月 26 日，公司董事会收到单独持有 39.16%股份的股东赵东明先生书面提 交的《关于提请增加苏州禾昌聚合材料股份有限公司 2024 年第一次临时股东大会临时 提案的函》，提请在 2024 年 9 月 5 日召开的 2024 年第一次临时股东大会中增加临时提 案。 （二）临时提案的具体内容 1. ...

证券代码：832089 证券简称：禾昌聚合 公告编号：2024-059 苏州禾昌聚合材料股份有限公司 监事辞职公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、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个别及连带法律责任。 （一）基本情况 （一）本次辞职未导致公司董事会成员人数低于法定最低人数，导致公司监事会成员人 数低于法定最低人数，未导致职工代表监事人数少于监事会成员的三分之一，未导致董 事会中兼任高级管理人员的董事和由职工代表担任的董事人数超过公司董事总数的二 分之一，未导致董事会或者其专门委员会中独立董事所占的比例不符合相关规则或者公 司章程的规定，未导致独立董事中欠缺会计专业人士。 根据《公司法》《北京证券交易所股票上市规则（试行）》及《公司章程》等相关文 件的规定，公司将尽快履行程序补选监事，在新任监事就任前，赵静女士将按照有关规 定继续履行监事职责。 （二）对公司生产、经营上的影响 赵静女士的辞职不会对公司的生产、经营带来不利影响，公司及监事会对赵静女士 在公司任职期间所做的贡献表示衷心的感谢。 三、备查文件 本公司监事会于 2024 年 8 月 2 ...

证券代码：832089 证券简称：禾昌聚合 公告编号：2024-060 苏州禾昌聚合材料股份有限公司 第五届监事会第十次会议决议公告 2.会议召开地点：公司三楼会议室 3.会议召开方式：现场召开 4.发出监事会会议通知的时间和方式：2024 年 8 月 16 日以书面方式发出 5.会议主持人：赵静女士 6.召开情况合法、合规、合章程性说明： 本次会议的召集及召开程序符合《公司法》《公司章程》《监事会议事规则》 的有关规定。 （二）会议出席情况 本公司及监事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 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个别及连 带法律责任。 一、会议召开和出席情况 （一）会议召开情况 1.会议召开时间：2024 年 8 月 26 日 （一）审议通过《关于提名沈悦女士为公司第五届监事会股东代表监事的议案》 1.议案内容： 会议应出席监事 3 人，出席和授权出席监事 3 人。 二、议案审议情况 因赵静女士申请辞去公司第五届监事会监事及监事会主席职务，为确保公司 监事会的正常运作，根据《公司法》和《公司章程》等有关规定，提名沈悦女士 为公司第五届监事会股东代表 ...

本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、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个别及连带法律责任。 一、任免基本情况 （一）任免的基本情况 根据《公司法》《北京证券交易所股票上市规则（试行）》及《公司章程》等有关规 定，公司第五届监事会第十次会议于 2024 年 8 月 26 日审议并通过《关于提名沈悦女士 为公司第五届监事会股东代表监事的议案》。 提名沈悦女士为公司监事，任职期限至第五届监事会任期届满之日止，本次任免尚 需提交股东大会审议，自 2024 年第一次临时股东大会决议通过之日起生效。上述提名 人员持有公司股份 0 股，占公司股本的 0%，不是失信联合惩戒对象。 证券代码：832089 证券简称：禾昌聚合 公告编号：2024-061 苏州禾昌聚合材料股份有限公司 监事任命公告 二、任命对公司产生的影响 公司新任董事、监事、高级管理人员候选人的任职资格符合法律法规、部门规章、 业务规则和公司章程等规定。本次任命未导致董事会中兼任高级管理人员的董事和由职 工代表担任的董事人数超过公司董事总数的二分之一。 本次任命不存在公司董事、高级管理人员兼任本公司 ...

Investment Rating - The investment rating for Hechang Polymer is maintained at "Outperform" [1] Core Views - Hechang Polymer reported a revenue increase of 15.89% year-on-year for H1 2024, reaching 693 million yuan, with a net profit attributable to shareholders of 58.96 million yuan, up 11.33% [2] - The company is focusing on green and environmentally friendly innovations, particularly in PLA (polylactic acid) and other biodegradable materials [4] - The establishment of a subsidiary in Suqian and an increase in export orders align with industry growth trends [3] Financial Performance Summary - H1 2024 operating cash flow improved by 44.6%, with a net cash flow of -39.11 million yuan, indicating increased cash receipts from modified plastic sales [2] - The company expects net profits of 132 million yuan, 163 million yuan, and 188 million yuan for 2024, 2025, and 2026 respectively, with corresponding P/E ratios of 9.9, 8.0, and 6.9 [2][6] - The gross profit margin is projected to be 17.0% in 2024, with a net profit margin of 8.1% [6] Business Expansion and Innovation - The company has completed its dual-base layout in East China and Northwest China, equipped with advanced automated production lines to meet strategic customer needs [3] - Hechang Polymer's participation in the CHINAPLAS 2024 exhibition showcased its innovative biodegradable products, emphasizing its commitment to sustainability [4] - The company has applied for two invention patents related to biodegradable polymer materials, further enhancing its product offerings [4]

Investment Rating - The investment rating for the company is "Buy" (maintained) [1] Core Views - The company's overall performance is steadily growing, driven by increased demand from the automotive and home appliance sectors, leading to continuous capacity release [2][3] - The company has seen a significant increase in external sales orders, with a revenue of 693 million yuan in the first half of 2024, up 15.89% year-on-year [2] - The gross profit margin has decreased slightly, while the expense ratio has increased, indicating a need for careful management of costs [2][3] - The company is positioned as a small giant in the modified plastics industry, with a focus on automotive and home appliance applications, benefiting from a robust customer base and technological capabilities [3] Financial Performance Summary - For 2024, the company is projected to achieve total revenue of 1,653 million yuan, a year-on-year increase of 16.69% [1] - The net profit attributable to the parent company is expected to reach 149.23 million yuan in 2024, reflecting a growth of 28.83% compared to the previous year [1] - The latest diluted EPS is forecasted to be 0.99 yuan per share for 2024, with a corresponding P/E ratio of 8.84 [1] Business Segment Analysis - In the first half of 2024, revenue from plastic particles and sheets was 668 million yuan and 20 million yuan, respectively, with the former growing by 17.86% and the latter declining by 32.51% due to reduced orders from a subsidiary [2] - The company's external sales revenue surged by 129.95% in the first half of the year, primarily due to increased orders from automotive clients in Malaysia [2] Capacity Expansion - The company has established new production capacities, including a 56,000-ton facility in Suqian that began operations in August 2023, and a 25,000-ton plant in Baoji, Shaanxi, which started in December 2022 [3] - The demand for modified plastics in the automotive sector is expected to grow due to increased vehicle production and the rising penetration of new energy vehicles [3]

证券代码：832089 证券简称：禾昌聚合 公告编号：2024-052 苏州禾昌聚合材料股份有限公司 第五届监事会第九次会议决议公告 本公司及监事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 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个别及连 带法律责任。 一、会议召开和出席情况 （一）会议召开情况 本次会议的召集及召开程序符合《中华人民共和国公司法》及《公司章程》 的有关规定。 （二）会议出席情况 会议应出席监事 3 人，出席和授权出席监事 3 人。 二、议案审议情况 （一）审议通过《关于公司<2024 年半年度报告及其摘要>的议案》 1.议案内容： 具体内容详见公司于 2024 年 8 月 20 日在北京证券交易所信息披露平台 （http://www.bse.cn/）披露的《2024 年半年度报告》（公告编号：2024-053）及 《2024 年半年度报告摘要》（公告编号：2024-054） 1.会议召开时间：2024 年 8 月 20 日 2.会议召开地点：公司三楼会议室 3.会议召开方式：现场召开 4.发出监事会会议通知的时间和方式：2024 年 8 月 9 日以书面通 ...

证券代码：832089 证券简称：禾昌聚合 公告编号：2024-056 苏州禾昌聚合材料股份有限公司 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 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个别及连 带法律责任。 一、募集资金基本情况 （一）募集资金金额及资金到位情况 2021 年 9 月 27 日，经中国证券监督管理委员会《关于核准苏州禾昌聚合材 料股份有限公司向不特定合格投资者公开发行股票的批复》（证监许可 [2021]3129 号）核准，禾昌聚合向不特定合格投资者公开发行不超过 2,300.00 万 股新股（含行使超额配售选择权所发新股）。 禾昌聚合本次发行价格为 10.00 元/股。本次发行的初始发行股票数量为 2,000.00 万股（超额配售选择权行使前），初始发行新股募集资金总额为 20,000.00 万元（超额配售选择权行使前），扣除发行费用 1,650.94 万元（不含税），募集资 金净额为 18,349.06 万元；容诚会计师事务所（特殊普通合伙）对公司向不特定 合格投资者公开发行股票的资金到位情况进行了审验，并出具了《验资报告》（容 诚验字[20 ...

本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 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个别及连 带法律责任。 一、修订内容 证券代码：832089 证券简称：禾昌聚合 公告编号：2024-057 苏州禾昌聚合材料股份有限公司 关于拟修订《公司章程》公告 变更为 15,066.80 万元。 根据《公司法》《证券法》《上市公司章程指引》《北京证券交易所股票上市 规则（试行）》等相关规定，拟对《公司章程》相关条款进行修订。 三、备查文件 《苏州禾昌聚合股份有限公司第五届董事会第十一次会议决议》 根据《公司法》及《北京证券交易所股票上市规则（试行）》等相关规定， 公司拟修订《公司章程》的部分条款，修订对照如下： | | 原规定 | 修订后 | | --- | --- | --- | | 第五条 | 公司住所为苏州工业园区民 | 第五条 公司住所为苏州工业园区民 | | 生路 9 | 号。公司注册资本为人民币 | 生路 号。公司注册资本为人民币 9 | | 10,762 | 万元。 | 15,066.80 万元。 | | 第七条 | 董事长为公司的法定代表人。 | 第七条 ...

Patents and Innovations - The company added a total of 11 new patents during the reporting period, including 6 invention patents and 5 utility model patents[2]. - The company has obtained a total of 73 valid patent authorizations, including 13 invention patents and 60 utility model patents, along with 5 software copyrights[30]. - The company is positioned as a high-tech enterprise in the modified composite materials sector, continuously enhancing its technological innovation and R&D capabilities to meet market demands[39]. Financial Performance - The company's operating revenue for the current period reached ¥693,339,308.48, representing a year-on-year increase of 15.89% compared to ¥598,257,699.84[16]. - The net profit attributable to shareholders of the listed company was ¥58,964,671.69, reflecting an 11.33% increase from ¥52,966,174.20 in the same period last year[16]. - The net profit after deducting non-recurring gains and losses was ¥59,676,218.27, which is a 16.46% increase from ¥51,242,523.83 year-on-year[16]. - The gross profit margin for the current period is 17.10%, with operating costs amounting to ¥577,929,117.14, which is an increase of 16.53% from the previous year[43]. - The company's net profit for the current period is ¥58,964,671.69, reflecting an 11.33% increase from ¥52,966,174.20 in the previous year[43]. Assets and Liabilities - Total assets increased by 5.44% to ¥1,725,990,868.88 from ¥1,636,900,918.06 at the end of the previous period[17]. - The total liabilities rose by 6.89% to ¥667,444,764.02 from ¥624,405,084.89[17]. - The company's total registered capital increased to 150,668,000 RMB following the equity distribution[13]. Cash Flow and Investments - The company's cash flow from operating activities improved to -¥39,105,718.91, compared to -¥70,542,888.25 in the previous year[18]. - Cash inflow from financing activities increased significantly to ¥115,111,735.26, compared to ¥52,760,888.68 in the first half of 2023, marking a 118.88% increase[87]. - Investment activities generated a net cash flow of -¥10,073,413.80, a 58.77% improvement from the previous period[50]. Market and Industry Trends - The domestic modified plastics market is driven by the rapid development of downstream industries, particularly in the automotive and home appliance sectors, with a significant increase in demand for lightweight materials[36]. - In the first half of 2024, the production and sales of new energy vehicles in China reached 4.929 million and 4.944 million units, respectively, representing year-on-year growth of 30.1% and 32%[36]. - The modified plastics market is expected to expand further due to government support, consumption structure upgrades, and technological advancements, leading to opportunities for high-performance, environmentally friendly, and multifunctional products[38]. Corporate Structure and Governance - The company established a wholly-owned subsidiary, Suqian Hechang New Materials Co., Ltd., with a registered capital of 50 million RMB[3]. - The company's controlling shareholder is Zhao Dongming, who is also the actual controller[12]. - The total number of ordinary shareholders is 5,441[66]. Risks and Challenges - The company faces risks from raw material price fluctuations, particularly in PP products, and is implementing measures to mitigate these impacts[56]. - The company is focused on optimizing internal governance and financial management, enhancing cost control and inventory management to improve efficiency and reduce costs[33]. - The company possesses various core technologies in modified plastics, but faces risks of technology leakage as many of its formulas are not patent-protected[58]. Employee and Management Information - Total employees increased from 687 to 718, a growth of approximately 4.5%[74]. - The board of directors consists of 7 members, while the supervisory board has 3 members, and there are 5 senior management personnel[71]. - Zhao Xianjing, the vice chairman, is the daughter of Zhao Dongming, indicating a familial relationship among some board members[71]. Environmental and Social Responsibility - The company will continue to increase investment in environmental protection and promote green production, aiming to enhance quality and efficiency while reducing energy consumption and emissions[31]. - The company has been recognized as a provincial-level "Specialized, Refined, Characteristic, and Innovative" enterprise and is a certified high-tech enterprise[29]. Shareholder Information - The controlling shareholder holds 39.16% of the company's shares, which poses a risk of improper control over the company's strategic decisions[58]. - The total number of shares held by the top ten shareholders increased from 67,991,972 to 95,188,761, representing a change of 39.16%[68]. - Zhao Dongming, the chairman, holds 59,000,667 shares, which is 39.16% of the total shares, an increase of 16,857,333 shares[72].