证券代码：832469 证券简称：富恒新材 公告编号：2024-074 深圳市富恒新材料股份有限公司 第四届监事会第二十次会议决议公告 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 本次会议召集、召开符合《公司法》及《公司章程》的规定，会议决议合法有效。 （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。 鉴于公司募投项目"富恒高性能改性塑料智造基地项目（一期）"已实施完 毕，为进一步提高募集资金使用效率，公司拟将上述项目结项并将节余募集资金 （包含利息收入，实际金额以资金转出当日专户余额为准）永久补充公司流动资 金，用于日常经营活动，有利于最大程度发挥募集资金使用效益，符合公司实际 经营发展需要，符合全体股东利益。 在上述节余募集资金转为流动资金后，上述募集资金专项账户不再使用，公 司董事会将委托相关人员办理专户注销事项。专户注销后，公司与保荐机构、开 户银行签署的《募集资金三方监管协议》随之终止。 具体内容详见公司同日在北京证券交易所信息披露平台（ww ...

海通证券股份有限公司关于深圳市富恒新材料股份有限公司 关联担保事项的核查意见 海通证券股份有限公司（以下简称"海通证券"或"保荐机构"）作为深圳 市富恒新材料股份有限公司（以下简称"富恒新材"或"公司"）向不特定合格 投资者公开发行股票并在北京证券交易所上市的持续督导保荐机构，根据《证 券发行上市保荐业务管理办法》《北京证券交易所股票上市规则（试行）》《北京 证券交易所证券发行上市保荐业务管理细则》等有关规定，对公司实际控制人 姚秀珠、郑庆良为公司提供担保事项进行了核查，具体情况如下： （二）关联方基本情况 1、自然人 姓名：姚秀珠 住所：深圳市南山区沙河西路 29 号新世界豪园 1-10-G 目前的职业和职务：董事长、总经理 一、本次关联担保情况 （一）本次关联担保概况 公司因业务发展需要，拟向江苏银行股份有限公司深圳分行申请综合授信 额度人民币 4,000 万元的银行贷款，授信额度期限为 1 年。授信品种为短期流动 资金贷款、银行承兑汇票、国内信用证和间接授信额度（反向保理）。 公司股东及实际控制人姚秀珠、郑庆良夫妇无偿为公司上述贷款提供连带 责任保证担保。 关联关系：与郑庆良为夫妻关系，公司董事长、总经 ...

证券代码：832469 证券简称：富恒新材 公告编号：2024-076 深圳市富恒新材料股份有限公司 关联担保公告 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、关联交易概述 （一）关联交易概述 公司因业务发展需要，拟向江苏银行股份有限公司深圳分行申请综合授信额 度人民币 4,000 万元的银行贷款，授信额度期限为 1 年。授信品种为短期流动资 金贷款、银行承兑汇票、国内信用证和间接授信额度（反向保理）。公司股东及 公司实际控制人姚秀珠和郑庆良夫妇无偿为公司此次贷款提供连带责任保证担 保。 （二）决策与审议程序 2. 自然人 姓名：郑庆良 2024 年 9 月 30 日公司召开第四届董事会第三十五次会议，以 3 票赞成，0 票反对，0 票弃权，2 票回避，审议通过《关于关联方无偿为公司向江苏银行股 份有限公司深圳分行申请贷款提供连带责任保证担保的议案》。关联董事姚秀珠 和郑庆良已回避表决。 董事会审议上述议案前，2024 年 9 月 25 日，公司召开第四届董事会独立董 事专门会议 2024 年第 ...

（一） 基本情况 深圳市富恒新材料股份有限公司（以下简称"公司"）近日与江西绿聚科技 有限公司签订了《购销框架合同》，公司提供 ABS 塑料颗粒，合同暂估金额为 185,250,000 元（人民币）。 证券代码：832469 证券简称：富恒新材 公告编号：2024-072 深圳市富恒新材料股份有限公司签订重大合同的公告 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。 一、 合同签署概况 4.法定代表人：肖学范 5.注册资本：5000 万人民币 1.合同相对方名称：江西绿聚科技有限公司 2.住所：江西省赣州市于都县罗坳工业园小区 3.统一社会信用代码：91360731MA3AMB116C 6.经营范围：一般项目：生物基材料技术研发，生物基材料制造，生物基材 料销售，工程塑料及合成树脂制造，合成材料制造（不含危险化学品），工程塑 料及合成树脂销售，专用化学产品销售（不含危险化学品），再生资源回收（除 生产性废旧金属），再生资源销售，非金属废料和碎屑加工处理，新材料技术推 广服务，合成材料销售，塑料制品制造， ...

开 源 证 券 证 券 研 究 报 告 首次覆盖报告》-2024.1.22 源证券 北交所信息更新 北 交 所 研 究 富恒新材（832469.BJ） 2024 年 09 月 10 日 家电、汽车订单增长结构改变，2024H1 营收+60.36% ——北交所信息更新 投资评级：增持（维持） 诸海滨（分析师） zhuhaibin@kysec.cn 证书编号：S0790522080007 | --- | --- | |-------------------------|------------| | 日期 | 2024/9/10 | | 当前股价 ( 元 ) | 6.00 | | 一年最高最低 ( 元 ) | 20.94/5.26 | | 总市值 ( 亿元 ) | 8.46 | | 流通市值 ( 亿元 ) | 4.54 | | 总股本 ( 亿股 ) | 1.41 | | 流通股本 ( 亿股 ) | 0.76 | | 近 3 个月换手率 (%) | 153.54 | 募投即将落地产能释放顺利，新设贸易类子公司 改性塑料"小巨人"富恒新材公布 2024 半年报，实现营收 3.94 亿元（+60.36%）， 归母净利润 ...

证券代码：832469 证券简称：富恒新材 公告编号：2024-071 深圳市富恒新材料股份有限公司 投资者关系活动记录表 | --- | |--------------------------------------------------------------------| | | | 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、 投资者关系活动类别 √特定对象调研 □业绩说明会 □媒体采访 □现场参观 □新闻发布会 □分析师会议 □路演活动 √其他 网络交流 二、 投资者关系活动情况 活动时间：2024 年 9 月 6 日至 2024 年 9 月 9 日 活动地点：公司会议室、进门财经 APP 参会单位及人员：开源证券、中信证券、长江证券、华宝证券、国元证券、 国泰基金、信达澳银基金、中天汇富基金、淡水泉、尚诚资产、中意资产、国恬 私募、粤佛私募、君榕资产、正圆投资、拓朴私募、恒盈富达、益菁汇资产、临 信资产、汇瑾资产、度势投资、冰河资产、方德投资、青骊泰川、金光紫金 ...

| 日期 | 代码 | 简称 | 成交价 | 成交数量（股） | 买入营业部 | 卖出营业部 | | --- | --- | --- | --- | --- | --- | --- | | 2024-09- | | | | | 国泰君安证券股份有 | 方正证券股份有限公 | | 03 | 835185 | 贝特瑞 | 10.64 | 140000 | 限公司浙江宁波广福 | 司杭州平澜路证券营 | | | | | | | 街营业部 | 业部 | | 2024-09- | 832469 | 富恒新材 | 5.8 | 141985 | 东莞证券股份有限公 | 海通证券股份有限公 | | 03 | | | | | 司厚街分公司 | 司广州南沙分公司 | ...

Investment Rating - The report maintains a "Buy" rating for the company [1] Core Views - The company achieved significant revenue growth in H1 2024, with operating income reaching 390 million yuan, up 60.4% year-on-year, and net profit attributable to shareholders of 34.39 million yuan, up 39.8% year-on-year [1] - The gross margin is under pressure due to product mix adjustments, but the upcoming commissioning of the Zhongshan factory is expected to enhance production capacity [1] - The company is positioned as a leading player in the modified plastics industry, with anticipated steady growth in performance driven by capacity expansion and product upgrades [1] Summary by Sections Financial Performance - In Q2 2024, the company reported operating income of 220 million yuan, a year-on-year increase of 69.2%, while net profit decreased by 2.3% year-on-year to 15.22 million yuan [1] - For H1 2024, revenue from different product lines was as follows: styrene products 215.34 million yuan (+96.7%), modified engineering plastics 131.35 million yuan (+59.9%), polyolefins 44.99 million yuan (-5.6%), and other businesses 2.28 million yuan (-64.3%) [1] Production Capacity and Future Outlook - The Zhongshan factory is expected to commence operations within 2024, with an initial design capacity of 40,000 tons, which will significantly increase the company's total capacity to 72,800 tons per year [1] - The factory's production capacity will enhance the company's ability to handle large orders and improve competitiveness in the modified plastics sector [1] Profit Forecast and Investment Recommendations - The company is projected to achieve net profits of 74.5 million yuan, 90.6 million yuan, and 110.8 million yuan for 2024, 2025, and 2026 respectively, with a CAGR of 24.3% [1] - The corresponding price-to-earnings ratios are expected to be 13, 11, and 9 times for the respective years [1]

证券代码：832469 证券简称：富恒新材 公告编号：2024-067 深圳市富恒新材料股份有限公司 2024 年半年度募集资金存放与实际使用情况的专项报告 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。 深圳市富恒新材料股份有限公司（以下简称"富恒新材"或"公司"）董事 会对 2024 年半年度募集资金存放与实际使用情况进行专项核查，现将核查情况 报告如下： 一、募集资金基本情况 （一）实际募集资金金额及资金到位时间 深圳市富恒新材料股份有限公司（以下简称"公司"）向不特定合格投资者 公开发行股票并在北京证券交易所上市的申请于 2023 年 6 月 20 日经北京证券交 易所上市委员会审议通过，并于 2023 年 8 月 21 日获中国证券监督管理委员会（以 下简称"中国证监会"）同意注册（证监许可〔2023〕1860 号）。 公司获准向不特定合格投资者公开发行股票 2,280 万股（不含行使超额配售 选择权所发股份），超额配售新增发行股票数量 342 万股，每股发行价格为人民 币 5.68 元，本次 ...

Company Overview - The total share capital of the company is 140,946,000 shares[11]. - The registered capital of the company is 108,420,000 RMB[12]. - The company specializes in the research, production, sales, and service of modified plastics[11]. - The company was listed on the Beijing Stock Exchange on September 18, 2023[11]. - The company has not faced any delisting risks[6]. - The company has a controlling shareholder, Yao Xiuzhu[11]. - The company’s actual controller is Yao Xiuzhu and Zheng Qingliang, with associated parties including Shenzhen Guanhai Investment Co., Ltd. and Shenzhen Tolu Equity Investment Partnership[11]. - The company has not disclosed any matters that were not required[5]. - The company’s financial report has not been audited by an accounting firm[4]. Financial Performance - The company's operating revenue for the current period reached ¥393,968,085.45, representing a 60.36% increase compared to ¥245,672,083.54 in the same period last year[15]. - The net profit attributable to shareholders was ¥34,386,732.48, a 39.77% increase from ¥24,603,193.78 year-on-year[15]. - The total assets increased by 20.52% to ¥1,196,902,148.07 from ¥993,124,885.98 at the end of the previous year[16]. - The company's debt-to-asset ratio (consolidated) rose to 60.18%, up from 53.99% in the previous year[16]. - The net cash flow from operating activities was negative at -¥48,704,665.85, indicating a significant decrease in cash generation[17]. - The company achieved a gross profit margin of 15.29%, down from 20.63% in the same period last year[15]. - The weighted average return on equity based on net profit attributable to shareholders was 7.23%, down from 8.62% year-on-year[15]. - The company reported a total of ¥7,739,518.70 in non-recurring gains and losses, with a net amount of ¥6,578,590.89 after tax impacts[19]. Assets and Liabilities - The total liabilities attributable to shareholders increased by 34.35% to ¥720,327,160.53 from ¥536,162,949.69 at the end of the previous year[16]. - The company's cash and cash equivalents rose by 72.95%, amounting to approximately 156.03 million yuan[29]. - Accounts receivable increased by 12.53%, totaling approximately 345.68 million yuan[29]. - The company's inventory book value at the end of 2023 was 127.13 million yuan, accounting for 19.38% of current assets, with raw materials comprising 65.17% of the inventory[47]. - The total amount of restricted assets is ¥39,388,722.85, accounting for 3.30% of total assets, primarily used to enhance liquidity for daily operations[60][61]. Market and Industry Insights - The modified plastic market in China is projected to grow from 293.9 billion yuan in 2023 to 310.7 billion yuan in 2024[25]. - The production of modified plastics is expected to rise from 3.13 million tons in 2023 to 3.42 million tons in 2024[25]. Operational Strategies - The company plans to enhance its procurement strategy by combining batch purchasing with advance stocking to meet increasing customer demands[21]. - The company is focusing on improving production processes and material utilization to stabilize raw material procurement prices[46]. Research and Development - R&D expenses surged by 102.72% year-over-year, attributed to an increase in R&D projects[33]. - The company is recognized as a national-level "specialized, refined, characteristic, and innovative" enterprise and a high-tech enterprise[22]. Shareholder Information - The largest shareholder, Yao Xiuzhu, holds 49,997,117 shares, representing 35.47% of total shares, with significant changes in shareholding among the top ten shareholders[64][65]. - The total number of employees increased from 188 to 192, with a net addition of 4 employees during the reporting period[71]. Legal and Compliance - The company faced risks related to raw material price fluctuations, which significantly impact production costs due to their high proportion in operating costs[46]. - The company has not experienced significant changes in major risks during the reporting period[48]. - The company has engaged in significant related party transactions during the reporting period[48]. Accounting and Financial Reporting - The company has confirmed that there were no changes in accounting estimates compared to the previous financial statements, ensuring consistency in financial reporting[97]. - The company has not made any significant changes to accounting estimates during the reporting period[158]. - The company recognizes revenue when control of goods is transferred to customers, which includes conditions such as contract approval and payment terms[151]. Cash Flow and Financing - Cash flow from operating activities decreased by 94.44% year-on-year, primarily due to sales being settled mainly through notes[38]. - Cash flow from financing activities increased by 290.99% year-on-year, primarily due to an increase in bank borrowings[38]. - The company has provided guarantees for loans totaling CNY 5,000,000, CNY 8,000,000, CNY 50,000,000, CNY 15,000,000, CNY 10,000,000, CNY 80,000,000, CNY 30,000,000, CNY 80,000,000, CNY 27,500,000, and CNY 30,000,000 from various banks[53]. Inventory Management - The company has implemented measures to improve inventory management and reduce inventory impairment risks through lean management practices[47]. - The total inventory at the end of the period is 197,090,644.80, with a book value of 189,554,408.13 after accounting for inventory impairment provisions[183]. Taxation and Government Grants - The company confirmed a tax rate of 15% for corporate income tax due to its high-tech enterprise status, which is valid until 2024[164]. - The company is eligible for a VAT reduction policy allowing a 5% additional deduction on input VAT from January 1, 2023, to December 31, 2027, enhancing its tax efficiency[164].