New Stock Listings - The new stock "Zhongjie Automobile" (code: 301560) is listed at an issuance price of 16.50[1] Rights Issues and Offers - Cash option for "AVIC Capital" (code: 600705) is available from April 23 to April 25, 2025[1] - Tender offer for "ST Xinchao" (code: 600777) is open from April 23 to May 22, 2025[1] - "ST Puli" (code: 300630) will enter the delisting arrangement period starting April 28, 2025[1] Market Alerts - "Guoguang Chain" (code: 605188) has reported severe abnormal fluctuations[1] - "Dongfang Tong" (code: 300379) also reported severe abnormal fluctuations[1] Other Announcements - "Huili B" (code: 900939) has a recent announcement linked to its trading activities[1] - "Zhejiang Rongtai" (code: 603119) has a recent announcement linked to its trading activities[1] - "ST Jiuyou" (code: 600462) has a recent announcement linked to its trading activities[1]

Group 1 - Fangda New Materials (838163) experienced a daily limit increase of 29.94%, with a trading volume of 3.38 billion yuan and a turnover rate of 28.64% [2] - The stock showed a price fluctuation of 32.39% during the trading day, leading to its listing on the North Exchange's watchlist [2] - The net buying amount from brokerage seats totaled 29.02 million yuan, with the top five brokerage seats accounting for a total transaction of 61.76 million yuan [2] Group 2 - The largest buying brokerage was Huatai Securities Co., Ltd. Shanghai Wuding Road Securities Seat, with a buying amount of 15.27 million yuan [2] - The largest selling brokerage was Dongfang Caifu Securities Co., Ltd. Lhasa East Ring Road Second Securities Seat, with a selling amount of 3.87 million yuan [2] - The top five buying brokerages included Guojin Securities and Dongfang Caifu, with significant buying amounts of 9.99 million yuan and 6.71 million yuan respectively [2]

证券代码：838163 证券简称:方大新材 公告编号：2025-004 河北方大新材料股份有限公司股票交易异常波动公告 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、股票交易异常波动的具体情况 公司股票最近 2 个有成交的交易日（2025 年 4 月 21 日-2025 年 4 月 22 日）以内收盘价 涨幅偏离值累计达到 43.88%，根据《北京证券交易所交易规则（试行）》的有关规定，属于 股票交易异常波动情形。 二、公司关注并核实的相关情况 四、公司及控股股东、实际控制人、董监高在异常波动期间交易公司股票的情况 公司及控股股东、实际控制人、董监高在异常波动期间不存在交易公司股票的情况。 五、风险提示 1、 核实对象： 公司控股股东、实际控制人及其一致行动人、持股 5%以上股东，在任的董事、监事及 高级管理人员。 2、 核实方式： 电话询问、口头询问及微信询问等方式。 3、 核实结论： 前期公告的事项不存在需要更正、补充之处,未发现可能或已经对本公司股票交易价格 产生较大影响的媒体报道或市场传闻， ...

北交所信息更新 不干胶材料推广元年收入大幅增加，预计 2024 归母净利润+13.22% ——北交所信息更新 2025 年 03 月 13 日 投资评级：增持（维持） | 日期 | 2025/3/12 | | --- | --- | | 当前股价(元) | 17.37 | | 一年最高最低(元) | 25.30/11.15 | | 总市值(亿元) | 22.36 | | 流通市值(亿元) | 10.66 | | 总股本(亿股) | 1.29 | | 流通股本(亿股) | 0.61 | | 近 3 个月换手率(%) | 139.45 | 诸海滨（分析师） zhuhaibin@kysec.cn 证书编号：S0790522080007 业绩快报公布，归母净利润 4457.64 万元同比增长 13.22%维持"增持"评级 方大新材公布业绩快报，2024 全年预计实现营收 6.98 亿元同比增长 39.72%；归 母净利润 4457.64 万元同比增长 13.22%。2024 年为公司不干胶材料的"推广元 年"，不干胶材料订单大幅增加，实现不干胶材料收入的大幅增长。参考业绩快 报我们下调盈利预测，预计方大新材 2024 ...

北交所信息更新 不干胶材料推广元年收入大幅增加，预计 2024 归母净利润+13.22% ——北交所信息更新 2025 年 03 月 13 日 投资评级：增持（维持） | 日期 | 2025/3/12 | | --- | --- | | 当前股价(元) | 17.37 | | 一年最高最低(元) | 25.30/11.15 | | 总市值(亿元) | 22.36 | | 流通市值(亿元) | 10.66 | | 总股本(亿股) | 1.29 | | 流通股本(亿股) | 0.61 | | 近 3 个月换手率(%) | 139.45 | 诸海滨（分析师） zhuhaibin@kysec.cn 证书编号：S0790522080007 业绩快报公布，归母净利润 4457.64 万元同比增长 13.22%维持"增持"评级 方大新材公布业绩快报，2024 全年预计实现营收 6.98 亿元同比增长 39.72%；归 母净利润 4457.64 万元同比增长 13.22%。2024 年为公司不干胶材料的"推广元 年"，不干胶材料订单大幅增加，实现不干胶材料收入的大幅增长。参考业绩快 报我们下调盈利预测，预计方大新材 2024 ...

Financial Performance - The company achieved operating revenue of 698,381,547.53 CNY, a 39.72% increase compared to the previous year[3] - Net profit attributable to shareholders reached 44,576,354.02 CNY, reflecting a growth of 13.22% year-on-year[3] - The net profit after deducting non-recurring gains and losses was 44,693,656.41 CNY, a 3.75% increase from the previous year[3] - The basic earnings per share rose to 0.35 CNY, marking a 12.90% increase year-on-year[3] Assets and Equity - The total assets at the end of the reporting period amounted to 873,299,079.85 CNY, up 18.21% from the beginning of the period[3] - The equity attributable to shareholders increased to 465,261,305.51 CNY, a rise of 4.21% compared to the previous year[3] Revenue Growth Drivers - The company attributed revenue growth to the production launch of variable information marking projects and increased orders for adhesive materials[6] - The company emphasized the promotion and marketing of adhesive materials, leading to a significant increase in related revenue[5] - The company’s sales team actively engaged with domestic and international clients to enhance trust and cooperation, contributing to revenue growth[5] Financial Caution - The financial data presented is preliminary and has not been audited, cautioning investors to consider investment risks[7]

证券代码：838163 证券简称：方大新材 公告编号：2025-002 河北方大新材料股份有限公司 股东拟减持公司股份不超过 1%的预披露公告 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、 减持主体的基本情况 | 股东名称 | 股东身份 | 持股数量（股） | | 持股比例 | 当前持股股份来源 | | --- | --- | --- | --- | --- | --- | | 石家庄汇 | 员工持股 | | 4,500,000 | 3.4961% | 北交所上市前取得 | | 同企业管 | 平台 | | | | (含权益分派转增股) | | 理中心（有 | | | | | | | 限合伙） | | | | | | 上述员工持股平台系实际控制人的一致行动人，但本次减持计划拟减持股份 不包含公司控股股东、实际控制人、董监高间接持有的股份。 股东名 称 计划减持 数量（股） 计划减 持比例 减持 方式 减持 期间 减持价 格区间 拟减持股 份来源 拟减持 原因 石家庄 汇同企 业管理 中 心 （有限 ...

Investment Rating - The report maintains an "Outperform" rating for the company, indicating a positive outlook compared to the market [6][7]. Core Insights - The company's Q3 2024 performance was slightly below expectations, with revenue of 510 million yuan, a year-on-year increase of 43.7%, and a net profit of 35.96 million yuan, up 18.0% year-on-year [4][6]. - The growth in revenue is primarily driven by the significant increase in sales of pressure-sensitive adhesive materials, despite a slight decline in Q3 revenue compared to the previous quarter [5][6]. - The company is focusing on expanding its production capacity and market share, particularly in overseas markets, while phasing out lower-quality domestic production [6][7]. Summary by Sections Market Data - Closing price: 18.40 yuan - Market capitalization: 1,129 million yuan - Price-to-book ratio: 5.2 - Dividend yield: 1.36% [1][2]. Financial Performance - Q3 2024 revenue: 181 million yuan, a year-on-year increase of 54.2% - Q3 2024 net profit: 9.48 million yuan, a year-on-year increase of 5.3% [4][5]. - Gross margin for the first three quarters: 16.4%, down 1.7 percentage points year-on-year [5][6]. Future Outlook - The company is set to gradually release production capacity, with the first three automated production lines of the second phase successfully operating [6]. - Expected net profits for 2024, 2025, and 2026 are projected at 54 million yuan, 73 million yuan, and 95 million yuan respectively, with corresponding price-to-earnings ratios of 44, 33, and 25 [7].

Investment Rating - The investment rating for the company is "Outperform" (maintained) [3] Core Views - The company reported a revenue increase of 43.66% and a net profit increase of 18.01% for the first three quarters of 2024, achieving a revenue of 510 million yuan and a net profit of 35.96 million yuan [3] - The company is in a capacity expansion phase and is actively exploring overseas markets while developing new processes, which may lead to a slight increase in sales and R&D expenses in the short term [3] - The profit forecast for 2024-2026 has been adjusted to 56 million, 78 million, and 91 million yuan respectively, with corresponding EPS of 0.44, 0.61, and 0.71 yuan [3] - The current stock price corresponds to a PE ratio of 37.9, 27.2, and 23.5 for the years 2024, 2025, and 2026 respectively [3] Financial Performance Summary - For 2024, the expected revenue is 833 million yuan, with a year-on-year growth of 66.7% [6] - The expected net profit for 2024 is 56 million yuan, with a year-on-year growth of 42.7% [6] - The gross margin is projected to be 13.8% in 2024, with a net margin of 6.7% [6] - The return on equity (ROE) is expected to be 11.9% in 2024, increasing to 14.8% by 2026 [6] Production and Market Expansion - The company has successfully trialed the first three automated production lines for variable information labels and is in the process of establishing a joint venture processing plant in North America to better serve local customers [4] - The new production project includes eight planned coating production lines, with the fourth line expected to enter trial production in 2025 [4] - The company’s products are well-received globally, with a strong reputation in the market due to its self-developed hot melt adhesive technology [5]

Investment Rating - The investment rating for the company is "Buy" (maintained) [1] Core Views - The company reported a revenue of 510 million yuan for Q1-Q3 2024, a year-on-year increase of 43.66%, and a net profit attributable to shareholders of 35.96 million yuan, up 18.01% year-on-year [2] - The release of variable information label production capacity and increased orders for adhesive materials are driving performance growth [2] - The postal and express delivery industry is performing well, leading to increased demand for logistics packaging products [2] - The company is entering a capacity release cycle, with significant improvements in production efficiency expected [2][3] Financial Forecasts and Valuation - The company is expected to enter a new phase of high-quality development, with revised net profit forecasts for 2024-2026 being 63 million, 84 million, and 105 million yuan respectively [3] - Corresponding EPS for these years are projected to be 0.49, 0.65, and 0.82 yuan per share, with P/E ratios of 45, 34, and 27 times respectively [3] - The total revenue forecast for 2024 is 825.43 million yuan, with a year-on-year growth rate of 65.14% [3][9]