Group 1 - The North Exchange 50 Index increased by 2.82% this week, but trading volume significantly decreased, with an average daily trading volume of 25.44 billion yuan, down 29.23% week-on-week [6][11][19] - Market focus shifted from new consumption to the broader technology sector, with strong performances in innovative pharmaceuticals (Nuo Si Lan De +27.37%) and autonomous driving (Xin An Jie +15.17%, Tong Li Co. +11.27%, Hao Miao Technology +11.10%) [6][11][19] - The North Exchange 50 constituent stock adjustment announcement was released, with Tong Hui Electronics and Yi Nuo Wei added to the index, effective June 16 [6][11][12] Group 2 - The North Exchange 50 index closed at 1408.68 points, reflecting a 2.82% increase [20] - The average PE (TTM) for the North Exchange is 88.80 times, with a median of 50.97 times; the average PE for the ChiNext is 75.13 times, with a median of 34.77 times [25][31] - The trading volume for the North Exchange was 6.347 billion shares this week, a decrease of 24.31% week-on-week, with a total trading value of 127.199 billion yuan, down 29.23% [26][29] Group 3 - This week, there were no new IPOs on the North Exchange; as of May 30, 2025, there are 266 companies listed [33] - The North Exchange saw 10 new companies listed and 3 delisted this week, with a total of 6083 companies on the New Third Board [50][51] - The North Exchange's financing balance was 5.538 billion yuan, an increase of 0.08 billion yuan from the previous week [29]

证券代码：834261 证券简称：一诺威 公告编号：2025-046 山东一诺威聚氨酯股份有限公司 关于完成工商变更登记及公司章程备案并取得换发营业执照的公告 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、基本情况 山东一诺威聚氨酯股份有限公司（以下简称"公司"）于 2025 年 4 月 23 日召开第四届董事会第十次会议，2025 年 5 月 15 日召开 2024 年年度股东会， 审议通过《关于拟变更经营范围并修订<公司章程>的议案》。具体内容详见公司 在北京证券交易所官方信息披露平台(www.bse.cn) 发布的《第四届董事会第十 次会议决议公告》（公告编号：2025-006）、《关于拟变更经营范围并修订<公 司章程>公告》（公告编号：2025-036）和《2024 年年度股东会决议公告》（公 告编号：2025-042）。 二、工商变更登记相关情况 类型：股份有限公司（上市、自然人投资或控股） 法定代表人：李健 注册资本：贰亿玖仟壹佰壹拾叁万贰仟柒佰肆拾捌元整 成立日期：2003 年 12 ...

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。 山东一诺威聚氨酯股份有限公司 2024 年年度权益分派方案已获 2025 年 5 月 15 日召开的股东会审议通过，本次实施分配方案距离股东会审议通过的时间 未超过两个月。 现将权益分派事宜公告如下： 本次权益分派基准日合并报表归属于母公司的未分配利润为 942,299,666.53 元，母公司未分配利润为 425,496,359.48 元。本次权益分派共计派发现金红利 84,806,566.80 元。 证券代码：834261 证券简称：一诺威 公告编号：2025-045 山东一诺威聚氨酯股份有限公司 2024 年年度权益分派实施公告 （1）个人股东、投资基金适用股息红利差别化个人所得税政策, 个人股东、 投资基金持股 1 个月（含 1 个月）以内，每 10 股补缴税款 0.600000 元；持股 1 个月以上至 1 年（含 1 年）的，每 10 股补缴税款 0.300000 元；持股超过 1 年的， 不需补缴税款。 （2）对合格境外投资者股东，根据国税函 ...

Core Viewpoint - Quality is fundamental to enterprise development and a key competitive advantage, as demonstrated by the recognition of three companies in the second quality-leading enterprise evaluation in Zibo High-tech Zone [1] Group 1: Company Overview - Shandong Yinuowei Polyurethane Co., Ltd. focuses on three major industrial chains: epoxy propane, epoxy ethane, and hexanedioic acid derivatives, with products applied across various sectors including light industry, construction, and healthcare [1][2] - The company has set a quality goal of "zero defects, zero complaints, zero returns," emphasizing customer satisfaction as the sole measure of work quality [2] Group 2: Quality Management and Innovation - Yinuowei has established a comprehensive quality management model that includes management manuals, procedural documents, and a structured responsibility system to enhance management levels [2] - The company has received significant support from government departments for innovation and quality improvement, including the establishment of a postdoctoral research workstation and engineering technology research center [2] Group 3: Financial Performance - In 2024, Yinuowei achieved a revenue of 6.857 billion yuan and a net profit of approximately 177 million yuan, both showing year-on-year growth [3] Group 4: Future Development Goals - By 2025, Yinuowei aims to achieve zero accidents in safety production and zero defects in products, while enhancing process technology and implementing lean management practices [4]

Group 1 - The report highlights the second adjustment of the North Exchange 50 Index in 2025, effective on June 16, 2025, with potential new additions including Lierda, Tongguan Mining Construction, Wanda Bearings, Juxing Technology, and Yinuowei [4][10][12] - The report discusses the revision of restructuring rules by the North Exchange, introducing a "small-scale fast" review mechanism and simplified review procedures, aimed at enhancing the efficiency of mergers and acquisitions for innovative SMEs [7][8][9] - The overall PE ratio of North Exchange A-shares has rebounded to 51X, with average daily trading volume increasing to 349 billion yuan, indicating improved market sentiment [17][20] Group 2 - The report suggests that institutional investors in the North Exchange market should adopt a cautious approach, focusing on long-term stable growth companies and sectors aligned with national policies such as "self-control" and innovation-driven development [14] - Key sectors to watch include high-end manufacturing, infrastructure with high dividends, and specialty consumer industries, as well as recent hot themes like AI and robotics [14] - The report notes that the North Exchange 50 Index has increased by 3.13% this week, outperforming other indices, with a year-to-date increase of 37% [22][24]

山东一诺威聚氨酯股份有限公司 章程 第一条 为维护山东一诺威聚氨酯股份有限公司（以下简称"公司"）及其 股东和债权人的合法权益，规范公司的组织和行为，根据《中华人民共和国公 司法》（以下简称《公司法》）、《中华人民共和国证券法》（以下简称《证 券法》）、《北京证券交易所股票上市规则》以及国家有关法律、行政法规及 规范性文件等规定，制定本章程。 第二条 公司系依照《公司法》和其他有关规定成立的股份有限公司。 公司的中文注册名称：山东一诺威聚氨酯股份有限公司。 英文名称：ShanDong Inov Polyurethane Co., Ltd. 公司于2023年1月29日经中国证券监督管理委员会（以下简称"中国证监 会"）同意注册，向不特定合格投资者公开发行人民币普通股股票2,993.2748万 股，于2023年4月3日在北京证券交易所（以下简称"北交所"）上市。 | 第一章 总则 2 | | --- | | 第二章 经营宗旨和范围 2 | | 第三章 公司股份 3 | | 第四章 股东和股东大会 8 | | 第五章 董事会 29 | | 第六章 总经理及其他高级管理人员 45 | | 第七章 监事会 47 | | ...

证券代码：834261 证券简称：一诺威 公告编号：2025-042 山东一诺威聚氨酯股份有限公司 2024 年年度股东会决议公告 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：2025 年 5 月 15 日 2.会议召开地点：公司二号楼一楼会议室 3.会议召开方式：现场投票和网络投票相结合 4.会议召集人：董事会 5.会议主持人：董事长徐军先生 6.召开情况合法合规的说明： 本次会议的召集、召开、议案审议程序等方面符合有关法律、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会的股东共 25 人，持有表决权的股份总数 164,795,497 股，占公司有表决权股份总数的 58.2958%。 同意股数 164,795,497 股，占本次股东会有表决权股份总数的 100%；反对 股数 0 股，占本次股东会有表决权股份总数的 0%；弃权股数 0 股，占本次股东 会有表决权股份总数的 0%。 2. ...

北京市东城区建国门内大街 26 号新闻大厦 7 层、8 层 电话：010-88004488/66090088 传真：010-66090016 邮编：100005 北京国枫律师事务所 关于山东一诺威聚氨酯股份有限公司 2024 年年度股东大会的 法律意见书 国枫律股字[2025]A0194 号 致：山东一诺威聚氨酯股份有限公司（贵公司） 北京国枫律师事务所（以下简称"本所"）接受贵公司的委托，指派律师出席并见 证贵公司 2024 年年度股东大会（以下简称"本次会议"）。 本所律师根据《中华人民共和国公司法》（以下简称"《公司法》"）、《中华人 民共和国证券法》（以下简称"《证券法》"）、《上市公司股东会规则》《律师事务 所从事证券法律业务管理办法》（以下简称"《证券法律业务管理办法》"）、《律师事务所 证券法律业务执业规则（试行）》（以下简称"《证券法律业务执业规则》"）等相关法律、 行政法规、规章、规范性文件及《山东一诺威聚氨酯股份有限公司章程》（以下简称"《公 司章程》"）的规定，就本次会议的召集与召开程序、召集人资格、出席会议人员资格、 会议表决程序及表决结果等事宜，出具本法律意见书。 对本法律意见书的出 ...

Investment Rating - The report assigns an "Accumulate" rating to the company, marking the first coverage of the stock [1]. Core Views - The company is a leading manufacturer of polyurethane raw materials and other downstream derivative products in China, with a focus on research, production, and sales [5]. - The company achieved a revenue of 68.57 billion yuan in 2024, representing a year-on-year growth of 8.92%, and a net profit attributable to shareholders of 1.77 billion yuan, up 38.72% year-on-year [5]. - The report forecasts revenue growth for the company, projecting revenues of 75.51 billion yuan in 2025, 83.67 billion yuan in 2026, and 92.74 billion yuan in 2027, with net profits of 1.83 billion yuan, 2.14 billion yuan, and 2.38 billion yuan respectively [4][5]. Financial Summary - The company’s revenue and profit forecasts for the upcoming years are as follows: - 2023A: Revenue 62.96 billion yuan, Net Profit 1.27 billion yuan - 2024A: Revenue 68.57 billion yuan, Net Profit 1.77 billion yuan - 2025E: Revenue 75.51 billion yuan, Net Profit 1.83 billion yuan - 2026E: Revenue 83.67 billion yuan, Net Profit 2.14 billion yuan - 2027E: Revenue 92.74 billion yuan, Net Profit 2.38 billion yuan [4][6]. - The company’s earnings per share (EPS) is projected to be 0.63 yuan in 2025, increasing to 0.82 yuan by 2027 [4][6]. Market Position - The company holds a competitive edge in the polyurethane industry, with its CPU products recognized as a national manufacturing champion and its combination ether products as a provincial champion in Shandong [5]. - The domestic production capacity for polyether polyols is expected to grow at a compound annual growth rate (CAGR) of 12.5% over the next five years, indicating a robust market environment [5].

Group 1: Investor Relations Activities - The company held an annual performance briefing on May 9, 2025, via the China Securities Network [4] - Participants included the company's board members and financial executives [4] Group 2: Key Performance Metrics - The company's net profit margin for 2023 was 2.02%, which increased to 2.57% in 2024, a rise of 0.55 percentage points [8] - The company aims to enhance operational efficiency and improve overall performance metrics [8] Group 3: Market and Product Strategy - The company focuses on three main industrial chains: ethylene oxide, propylene oxide, and adipic acid, aiming for vertical and horizontal expansion [9] - The company plans to increase R&D investment to drive innovation and product diversification [9] Group 4: Responses to Investor Queries - The company emphasizes its commitment to market value management through honest operations and enhancing profitability [6] - The company is addressing rising raw material costs by adjusting product pricing in response to market fluctuations [7] - The company is expanding its business scope to include power generation and distribution, leveraging rooftop solar projects [11]