证券代码：833394 证券简称：民士达 公告编号：2024-052 烟台民士达特种纸业股份有限公司 第六届监事会第一次会议决议公告 2.会议召开地点：烟台经济技术开发区太原路 3 号民士达会议室 3.会议召开方式：现场方式 4.发出监事会会议通知的时间和方式：2024 年 4 月 3 日以邮件方式发出 5.会议主持人：监事田原女士 6.召开情况合法、合规、合章程性说明： 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 4 月 9 日 （二）审议通过《关于审议 2024 年第一季度报告》议案 1.议案内容： 本次会议的召集、召开、议案审查表决程序符合法律、法规和《公司章程》 的规定。 （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《关于选举监事会主席》议案 1.议案内容： 根据《公司章程》的有关规定，现提名田原女士担任第六届监事会主席，任 期三年，自本次监事会审议通过之 ...

证券代码：833394 证券简称：民士达 公告编号：2023-049 烟台民士达特种纸业股份有限公司 3. 会议召开方式：现场方式 4 召开情况合法、合规、合章程性说明： 第四届职工代表大会第五次会议决议公告 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、会议召开和出席情况 （一） 会议召开情况 本次会议的召集、召开、议案审查表决程序符合法律、法规和《公司章程》的 规定。 （二） 会议出席情况 会议应出席职工代表35人，实际出席职工代表32人。 1. 会议召开时间：2024年4月9日 2. 会议召开地点：烟台经济技术开发区太原路3号民士达会议室 二、会议表决情况 本次会议通过了《关于选举职工董事和职工监事的议案》，选举韩雯雯女士 为公司第六届董事会职工代表董事，张祎先生为公司第六届监事会职工代表监事， 任期自本次职工代表大会审议通过之日起至第六届董事会、监事会届满之日止。 表决结果：同意32票，反对0票，弃权0票；同意票数占有效表决票的100%。 三、备查文件目录 1 烟台民士达特种纸业股份有限公 ...

证券代码：833394 证券简称：民士达 公告编号：2024-055 烟台民士达特种纸业股份有限公司 关于选举第六届董事会专门委员会委员的公告 上述董事会专门委员会委员全部由董事组成，其中审计委员会、提名委员会、 薪酬与考核委员会中独立董事过半数并担任召集人，审计委员会的主任委员（召 集人）为会计专业人士。上述董事会专门委员会委员任期三年，自本次董事会审 议通过之日起至第六届董事会任期届满之日止。 二、换届对公司的影响 本次换届为正常换届选举，符合《公司法》《上市公司独立董事管理办 法》《北京证券交易所股票上市规则（试行）》《北京证券交易所上市公司持 续监管指引第1号—独立董事》等法律法规及《公司章程》的相关规定，符合公 司治理要求，不会对公司生产经营活动产生不利影响。 1 三、备查文件 《烟台民士达特种纸业股份有限公司第六届董事会第一次会议决议》 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、换届基本情况 根据《公司法》《公司章程》《董事会议事规则》及《董事会专门委员会工 作细则》等有关规定，为 ...

证券代码：833394 证券简称：民士达 公告编号：2024-048 烟台民士达特种纸业股份有限公司 2023 年年度股东大会决议公告 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、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 4 月 9 日 2.会议召开地点：烟台经济技术开发区太原路 3 号民士达会议室 3.会议召开方式：现场投票和网络投票相结合的方式 4.会议召集人：董事会 5.会议主持人：董事长宋西全先生 6.召开情况合法、合规、合章程性说明： 本次会议的召集、召开、议案审议程序均符合有关法律、行政法规、部门规 章、规范性文件和《公司章程》的规定。 （二）会议出席情况 出席和授权出席本次股东大会的股东共 5 人，持有表决权的股份总数 99,375,464 股，占公司有表决权股份总数的 67.95%。 其中通过网络投票参与本次股东大会的股东共 0 人，持有表决权的股份总数 0 股，占公司有表决权股份总数的 0%。 二、议案审议情况 审议通过《2023 年度董事会工作报 ...

法律意见书 二〇二四年四月 关于烟台民士达特种纸业股份有限公司 2023 年年度股东大会的 北京 • 上海 • 深圳 • 广州 • 武汉 • 成都 • 重庆 • 青岛 • 杭州 • 南京 • 海口 • 东京 • 香港 • 伦敦 • 纽约 • 洛杉矶 • 旧金山 • 阿拉木图 Beijing • Shanghai • Shenzhen • Guangzhou • Wuhan • Chengdu • Chongqing • Qingdao • Hangzhou • Nanjing • Haikou • Tokyo • Hong Kong • London • New York • Los Angeles • San Francisco • Almaty 北京市中伦律师事务所 关于烟台民士达特种纸业股份有限公司 北京市中伦律师事务所 本所律师已经按照《从业办法》的要求对公司本次股东大会的真实性、合法 性进行核查和验证（以下简称"查验"）并发表法律意见；本法律意见书中不存 在虚假、严重误导性陈述及重大遗漏。 本所律师同意将本法律意见书随公司本次股东大会的其他信息披露资料一 并予以公告，并依法对本法律意见书承担相应的责 ...

Financial Performance - Net profit attributable to shareholders rose by 21.05% to CNY 20,377,662.38 for the first quarter of 2024[10] - Operating revenue for the first quarter increased by 4.82% to CNY 90,316,261.10 compared to the same period last year[10] - Other income increased by 179.02% to CNY 3,875,982.94, mainly from increased government subsidies received[12] - Operating profit for Q1 2024 was ¥22,527,633.06, up from ¥18,200,770.30 in Q1 2023, reflecting a growth of 24.5%[36] - Net profit for Q1 2024 was ¥18,998,534.03, compared to ¥16,834,144.12 in Q1 2023, representing an increase of 12.9%[36] - Total revenue for Q1 2024 reached ¥90,316,261.10, an increase of 4.9% compared to ¥86,161,422.39 in Q1 2023[35] - Operating revenue for Q1 2024 reached ¥91,731,629.69, an increase of 6.3% compared to ¥86,161,422.39 in Q1 2023[38] - Net profit for Q1 2024 was ¥22,098,990.90, up 31.1% from ¥16,834,144.12 in Q1 2023[39] - Operating profit for Q1 2024 was ¥25,617,843.75, representing a 40.7% increase from ¥18,200,770.30 in Q1 2023[38] Assets and Liabilities - Total assets increased by 5.19% to CNY 854,141,452.09 compared to the end of last year[10] - Total assets amounted to ¥854,141,452.09, an increase from ¥812,021,118.70 as of December 31, 2023, reflecting a growth of approximately 5.2%[29] - Current assets totaled ¥557,035,700.86, up from ¥520,074,959.74, indicating a rise of about 7.1%[29] - Total liabilities increased to ¥167,626,647.52 from ¥145,610,309.01, which is an increase of approximately 15.1%[31] - Total liabilities rose to ¥149,540,011.36 in Q1 2024, up from ¥131,144,469.41 in Q1 2023, indicating an increase of 13.9%[34] - Shareholders' equity reached ¥686,514,804.57, up from ¥666,410,809.69, reflecting a growth of about 3%[31] - The company's debt-to-asset ratio (consolidated) rose to 19.63% from 17.93% at the end of last year[10] Cash Flow - Cash flow from operating activities decreased by 1.49% to CNY 23,930,089.41 compared to the previous year[10] - Cash flow from operating activities for Q1 2024 was ¥23,930,089.41, slightly down from ¥24,291,226.57 in Q1 2023[42] - Cash inflow from operating activities in Q1 2024 was ¥49,271,828.22, an increase from ¥45,107,769.19 in Q1 2023[43] - The net increase in cash and cash equivalents for the period was $25,920,024.36, compared to $12,722,110.65 in the previous period, reflecting a growth of approximately 103.3%[44] - The ending balance of cash and cash equivalents rose to $289,788,886.31 from $57,734,134.88, marking an increase of approximately 400.5%[44] Shareholder Information - The total number of ordinary shareholders is 3,737 as of the report date[16] - The largest shareholder, Taihe New Material Group Co., Ltd., holds 66.23% of the shares, totaling 96,860,000 shares[17] - Wang Zhixin is the second-largest shareholder with a 3.53% stake, holding 5,165,000 shares[17] - The total shares held by the top ten shareholders amount to 113,299,729, representing 77.47% of the total shares[19] - The company reported a total of 2,139,055 shares change among the top shareholders during the period[19] - No shares of the top shareholders are pledged or judicially frozen[20] Commitments and Legal Matters - The company has no litigation or arbitration matters reported during the period[23] - There are no external guarantees or loans provided by the company[23] - The company has disclosed that all commitments made are being fulfilled without any violations[24] - The estimated amount for daily related transactions in 2024 is 320 million yuan for purchasing raw materials and services[24] - The company has not engaged in any mergers or acquisitions during the reporting period[23] Research and Development - Research and development expenses for Q1 2024 were ¥5,795,010.18, slightly higher than ¥5,472,917.65 in Q1 2023, showing an increase of 5.9%[35] - Research and development expenses for Q1 2024 were ¥5,031,374.71, a decrease of 8.0% from ¥5,472,917.65 in Q1 2023[38]

| 日期 | 代码 | 简称 | 成交价 | 成交数量（股） | 买入营业部 | 卖出营业部 | | --- | --- | --- | --- | --- | --- | --- | | 2024-04- | | | | | 中泰证券股份有限公 | 中泰证券股份有限公 | | 03 | 831305 | 海希通讯 | 9.52 | 1036800 | 司厦门七星西路证券 | 司巨野县麒麟大道证 | | | | | | | 营业部 | 券营业部 | | 2024-04- | | | | | 中信建投证券股份有 | 中泰证券股份有限公 | | 03 | 833394 | 民士达 | 19.8 | 57546 | 限公司济南经四路证 | 司济南泺源大街证券 | | | | | | | 券营业部 | 营业部 | | 2024-04- | | | | | 国泰君安证券股份有 | 华金证券股份有限公 | | 03 | 833575 | 康乐卫士 | 15 | 500000 | 限公司上海大渡河路 | 司上海陆家嘴环路证 | | | | | | | 营业部 | 券营业部 | | 2024-04- | | | | | 兴业 ...

二、 说明会召开的时间、地点 （一）会议召开时间：2024 年 3 月 28 日（星期四）15:00-17:00。 证券代码：833394 证券简称：民士达 公告编号：2024-045 烟台民士达特种纸业股份有限公司 2023 年年度报告业绩说明会预告公告 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、 说明会类型 烟台民士达特种纸业股份有限公司（以下简称"公司"）于 2024 年 3 月 19 日在北京证券交易所官网（www.bse.cn）、中国证券报 www.cs.com.cn、上海证 券报 www.cnstock.com、证券日报网 www.zqrb.cn、证券时报 www.stcn.com 披 露了公司《2023 年年度报告》，为加强公司与投资者的沟通和交流，现定于 2024 年 3 月 28 日召开 2023 年年度报告业绩说明会。 （二）会议召开地点 本次业绩说明会将采用网络方式召开，投资者可登录全景网"投资者关系互 动平台"（http://ir.p5w.net）参与。 （问题征集专题 ...

Investment Rating - The report assigns an "Outperform" rating to the company, indicating a positive outlook for its stock performance [2] Core Views - The company is a pioneer in domestic aramid paper production, with rapid capacity expansion expected to boost market share [4] - Aramid paper is one form of aramid products, with the domestic market growth rate projected to exceed the global average [4] - The global aramid paper market size was approximately $700 million in 2022, expected to grow to $1.177 billion by 2028, with a CAGR of 9% [4] - The domestic aramid paper market size grew from $124 million in 2017 to $226 million in 2022, and is expected to reach $585 million by 2028, with a CAGR of 17% [4] Company Overview - The company specializes in the R&D, production, and sales of aramid paper, with a focus on both meta-aramid and para-aramid paper products [29] - The company's revenue has shown steady growth, with domestic sales accounting for the majority, while export revenue constitutes around 30% [29] - The company has achieved significant milestones, including the first domestic industrialization of aramid paper in 2007 and listing on the Beijing Stock Exchange in 2023 [42] Industry Analysis - Aramid paper is widely used in industries such as power and electrical, aerospace, rail transportation, and national defense [33] - The domestic demand for aramid paper has been growing rapidly, with consumption increasing from 2,742 tons in 2017 to 4,215 tons in 2021, and is expected to reach 12,357 tons by 2028 [34] - The global supply of aramid paper is concentrated, with five major manufacturers, including DuPont and the company itself [34] Financial Performance - The company's revenue grew from 282 million yuan in 2022 to 340 million yuan in 2023, with a YoY increase of 20.7% [37] - Net profit increased from 63 million yuan in 2022 to 82 million yuan in 2023, with a YoY growth of 28.7% [37] - The company's gross margin improved from 31.4% in 2022 to 34.0% in 2023, with further improvements expected in the coming years [37] Capacity Expansion - The company has undergone two major capacity expansions, with the first in 2016 (1,500 tons) and the second in 2023 (3,000 tons) [36] - A new project with a theoretical capacity of 1,500 tons is expected to be operational by 2025, bringing the total capacity to 4,500 tons [36] - The company's capacity utilization rate has been increasing, reaching 66.33% in 2022 [70] R&D and Innovation - The company has a stable R&D team, with R&D expenses consistently above 5.7% of revenue [75] - The company has developed four core technologies, including multi-proportion layered composite papermaking and ultra-high-temperature hot pressing technology [103] - The company has been involved in 11 R&D projects, with five completed and others progressing as expected [103] Profit Forecast and Valuation - The company is expected to achieve net profits of 105 million yuan, 133 million yuan, and 159 million yuan in 2024, 2025, and 2026, respectively, with YoY growth rates of 29.0%, 26.4%, and 19.6% [119] - The report values the company at 21-22 times PE for 2024, with a fair value range of 15.12-15.84 yuan per share [119] Market Performance - The company's stock price has shown significant volatility, with a 52-week range of 10.33-22.00 yuan [9] - The company's market capitalization is 2.043 billion yuan, with a circulating market value of 591 million yuan [9]

证券代码：833394 证券简称：民士达 公告编号：2024-006 烟台民士达特种纸业股份有限公司 第五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 （一）会议召开情况 1.会议召开时间：2024 年 3 月 15 日 二、议案审议情况 （一）审议通过《2023 年度监事会工作报告》 1.议案内容： 2.会议召开地点：烟台经济技术开发区太原路 3 号民士达会议室 3.会议召开方式：现场方式 4.发出监事会会议通知的时间和方式：2024 年 3 月 5 日 以邮件方式发出 5.会议主持人：监事会主席田原女士 6.召开情况合法、合规、合章程性说明： 本次会议的召集、召开、议案审查表决程序符合法律、法规和《公司章程》 的规定。 （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。 公司监事会对 2023 年度监事会工作进行全面总结。 2.议案表决结果：同意 3 票；反对 0 票；弃权 0 票。 3.回避表决情况 本议案不涉及回避表决 ...