证券代码：838971 证券简称：天马新材 公告编号：2024-087 河南天马新材料股份有限公司 关于使用部分闲置募集资金购买理财产品的公告 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、募集资金基本情况 2022年9月27日，河南天马新材料股份有限公司发行普通股14,406,668股， 发行方式为向不特定合格投资者公开发行，发行价格为 21.38 元/股，募集资金总 额为 308,014,561.84 元，实际募集资金净额为 282,155,109.64 元，到账时间为 2022 年 9 月 21 日。 二、募集资金使用情况 （一）募集资金使用情况和存储情况 截至 2024 年 8 月 31 日，公司上述发行股份的募集资金使用情况具体如下： 单位：万元 | 序 | | | 募集资金计划 | 累计投入募 | 投入进度（%） | | --- | --- | --- | --- | --- | --- | | 号 | 募集资金用途 | 实施主体 | 投资总额（调 | 集资金金额 | （3）=（2）/ ...

河南天马新材料股份有限公司 关于拟修订《公司章程》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、修订内容 证券代码：838971 证券简称：天马新材 公告编号：2024-088 根据《公司法》及《证券法》《北京证券交易所上市公司持续监管办法（试 行）》《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 注 册 资 本 ： 人 民 币 | 第五条 公 司 注 册 资 本 ： 人 民 币 | | 10,672.8002 | 万元 | 10,600.8002 万元 | | 第 十 八 条 | 公 司 股 份 总 数 为 | 第 十 八 条 公 司 股 份 总 数 为 | | 10,672.8002 | 万股，均为人民币普通股。 | 万股，均为人民币普通股。 10,600.8002 | | 公司根据需要，经国务院授权的审批部 | | 公司根据需要，经国务院 ...

Investment Rating - The report maintains a "Buy" rating for the company [1] Core Views - The company has experienced significant revenue growth driven by the continuous release of downstream demand, with a reported revenue of 110 million yuan in H1 2024, representing a year-on-year increase of 33.1% [1] - The company is entering a capacity release cycle in 2024, which is expected to lead to rapid growth in performance [1] Summary by Sections Financial Performance - In H1 2024, the company achieved a net profit attributable to shareholders of 15.2 million yuan, up 5.5% year-on-year, and a non-recurring net profit of 14.1 million yuan, up 23.7% year-on-year [1] - For Q2 2024, the company reported revenue of 58.9 million yuan, a year-on-year increase of 27.1%, but a net profit decrease of 19.7% to 7.7 million yuan [1] Business Segments - Revenue from electronic ceramic powder materials reached 62.9 million yuan, up 119.1% year-on-year, while revenue from electronic and photovoltaic glass powder materials was 20.4 million yuan, down 40.1% year-on-year [1] - The gross profit margins for these segments were 28.5% and 20.6%, respectively, with the electronic ceramic segment showing a slight decrease in margin [1] Capacity Expansion - The company has completed the construction of a 50,000-ton electronic ceramic powder production project and is in the equipment debugging and trial production phase for a 5,000-ton high thermal conductivity powder production line [1] - The company plans to accelerate the certification of new customers and products to improve sales conversion rates [1] Profit Forecast - The company is expected to achieve net profits of 446 million yuan, 615 million yuan, and 775 million yuan for the years 2024, 2025, and 2026, respectively, with a compound annual growth rate (CAGR) of 85.0% [1] - The corresponding price-to-earnings (PE) ratios are projected to be 21, 16, and 12 times for the same years [1]

证券代码：838971 证券简称：天马新材 公告编号：2024-084 河南天马新材料股份有限公司 投资者关系活动记录表 □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 二、 投资者关系活动情况 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 1 参会单位及人员：开源证券、开源资管、华鑫证券、申万宏源证券、国泰君 安证券、中金公司、万和证券、国元证券、国投证券、第一创业证券、中山证券、 太平洋资管、国联基金、创金合信基金、长城财富保险资管、卫宁私募、银河证 券、中泰证券等 活动时间：2024 年 8 月 29 日至 2024 年 8 月 30 日 活动地点：线上调研 及回复如下： 问题一：上半年营收端增速可观，电子陶瓷是主要增量，能否具体介绍电 子陶瓷类产品都应用在消费电子的哪些下游，让大家有更直观的感知？ 回复：电子陶瓷用粉体材料是公司各类别产品中应用领域较广的粉体，下游 主要涉及各类电子材料、新能源、半导体、航空航天等领 ...

Investment Rating - The report maintains a "Recommended" rating for the company [1]. Core Views - The company achieved double growth in revenue and profit in the first half of 2024, with operating income of 108.71 million yuan, a year-on-year increase of 33.05%, and a net profit attributable to shareholders of 15.19 million yuan, a year-on-year increase of 5.46% [1]. - The growth is attributed to the recovery in downstream industries, particularly consumer electronics, leading to a significant increase in orders for electronic ceramic substrates and high-voltage electrical powder materials [1]. - The company’s gross margin was 26.08%, and net margin was 13.97%, with an increase in the expense ratio due to higher management costs [1]. Financial Performance Summary - In Q2 2024, the company reported operating income of 58.89 million yuan, a year-on-year increase of 27.05% and a quarter-on-quarter increase of 18.21% [1]. - The net profit for Q2 was 7.73 million yuan, a year-on-year decrease of 19.69% but a quarter-on-quarter increase of 3.53% [1]. - The company’s R&D expenses increased by 10.64% year-on-year, with a R&D expense ratio of 4.02% [1]. Future Projections - The company is expected to see net profits of 50 million yuan, 72 million yuan, and 99 million yuan for 2024, 2025, and 2026 respectively, representing year-on-year growth rates of 308.73%, 44.26%, and 37.13% [4]. - The projected operating income for 2024 is 322 million yuan, with a growth rate of 70.64% [4]. - The company is positioned to enter a growth phase due to new production capacity and recovery in downstream industries [1].

证券代码：838971 证券简称：天马新材 公告编号：2024-080 河南天马新材料股份有限公司 第三届监事会第二十五次会议决议公告 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 8 月 27 日 2.会议召开地点：公司会议室 3.会议召开方式：现场、通讯方式 4.发出监事会会议通知的时间和方式：2024 年 8 月 17 日以通讯或直接送达方式 发出 5.会议主持人：监事会主席郝婷婷 6.召开情况合法、合规、合章程性说明： 本次会议的召集、召开符合《中华人民共和国公司法》、《中华人民共和国证 券法》和《河南天马新材料股份有限公司章程》的有关规定，会议的召开合法有 效。 （一）审议通过《关于公司 2024 年半年度报告及摘要的议案》 1.议案内容： 根据《公司法》《中华人民共和国证券法》《北京证券交易所上市公司持续监 管办法（试行）》《上市公司信息披露管理办法》《北京证券交易所股票上市规则 1 （试行）》等相关法律法规及相关 ...

Financial Performance - The company's operating revenue for the first half of 2024 was ¥108,714,729.83, representing a 33.05% increase compared to ¥81,706,711.98 in the same period last year[15]. - The net profit attributable to shareholders of the listed company was ¥15,189,012.06, a 5.46% increase from ¥14,402,063.73 year-on-year[15]. - The net profit after deducting non-recurring gains and losses was ¥14,140,538.33, reflecting a 23.68% increase from ¥11,433,225.55 in the previous year[15]. - The gross profit margin for the first half of 2024 was 26.08%, slightly down from 27.73% in the previous year[15]. - The main business income rose by 33.75% to ¥107,219,719.81, driven by strong demand recovery in the electronic ceramics and high-voltage electrical powder markets[31]. - The company reported a total of ¥52,204,567.63 in notes receivable as of June 30, 2024, which is an increase from ¥46,299,946.91 as of December 31, 2023, marking a growth of about 12.9%[157]. Cash Flow and Liquidity - The company reported a negative cash flow from operating activities of ¥5,837,381.09, worsening by 39.47% from the previous year[17]. - The net cash flow from operating activities decreased by 39.47% compared to the same period last year, mainly due to increased cash payments for goods and services[35]. - The company's cash and cash equivalents increased by 151.31% to ¥65,424,578.29, primarily due to the maturity of investment funds and bank acceptance bills[28]. - The net cash flow from investing activities increased by 120.22% year-on-year, primarily due to the recovery of funds from investment products[34]. - The net cash flow from financing activities rose by 245.84% year-on-year, mainly due to increased cash received from bank loans[34]. Debt and Liabilities - The total assets increased by 9.32% to ¥567,125,965.78, while total liabilities rose by 71.39% to ¥140,646,360.25[16]. - The company's debt-to-asset ratio increased to 26.56% from 18.08% year-on-year, indicating a significant rise in leverage[16]. - Short-term borrowings surged by 981.85% to ¥49,777,456.66, attributed to an increase in bank short-term loans[29]. - Long-term borrowings also doubled to ¥14,640,183.20, reflecting the company's strategy to finance growth through debt[29]. Research and Development - Research and development expenses increased by 10.64% to ¥4,369,479.46, highlighting the company's commitment to innovation[30]. - The company plans to enhance R&D efforts and expand product applications to mitigate risks associated with macroeconomic fluctuations[38]. Production and Operations - The company launched the B and C lines of its new production line for electronic ceramic powder materials, with an annual production capacity of 50,000 tons, in April 2024[1]. - The production line for high thermal conductivity powder, with an annual capacity of 5,000 tons, is in the equipment debugging and trial production phase[23]. - The company has achieved full production line connectivity for electronic ceramic powder materials, addressing previous supply constraints[34]. Market and Sales - Revenue from electronic ceramic powder materials increased by 119.08% year-on-year, driven by strong downstream demand, particularly for electronic ceramic chip substrate materials[33]. - Revenue from electronic and photovoltaic glass powder materials decreased by 40.14% year-on-year, primarily due to production line supply constraints[34]. - Revenue from high-pressure electrical powder materials grew by 80.96% year-on-year, attributed to increased order volumes[34]. Shareholder and Equity Information - The company declared a cash dividend of ¥2.50 per 10 shares, totaling ¥26,532,000.50 distributed to shareholders[1]. - The company completed the registration change of its capital from ¥106,128,002 to ¥106,728,002 following a board meeting in July 2024[14]. - The company repurchased and canceled a total of 720,000 restricted shares, reducing the total share capital to ¥106,008,002[14]. - The total number of unrestricted shares increased from 32,071,077 to 84,690,302, representing a change of 52,619,225 shares[48]. Legal and Compliance - The company has ongoing litigation involving a product quality dispute with a claim amounting to ¥18,282,685, which represents 4.29% of the company's net assets[42]. - The company has a pending litigation liability of 18,282,685.00 related to quality disputes, unchanged from the previous period[198]. Employee and Management Information - The total number of employees increased from 217 to 269, with a net addition of 52 employees during the reporting period[56]. - The number of production personnel increased from 147 to 189, reflecting a growth of 28.57%[55]. - The company has a total of 4 senior management personnel[52]. Accounting and Financial Reporting - The financial statements are prepared in accordance with the accounting standards issued by the Ministry of Finance and reflect the company's financial position as of June 30, 2024, and the operating results and cash flows for the first half of 2024[86]. - The company evaluates its ability to continue as a going concern and has found no significant doubts regarding its ongoing viability[85]. - The company does not recognize deferred tax liabilities for certain temporary differences related to goodwill and investments in subsidiaries if it can control the timing of reversal[141]. Risks and Challenges - The company is exposed to risks from raw material price fluctuations, particularly for industrial alumina and white corundum, which can impact production costs and gross margin levels[39]. - The company faces challenges in product promotion due to varying demands in different application fields, necessitating continuous technological innovation and resource investment to enhance customer responsiveness[39].

2.会议召开地点：公司会议室 3.会议召开方式：现场、通讯方式 4.发出董事会会议通知的时间和方式：2024 年 8 月 17 日以通讯或直接送达 方式发出 证券代码：838971 证券简称：天马新材 公告编号：2024-079 河南天马新材料股份有限公司 第三届董事会第二十七次会议决议公告 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 1.会议召开时间：2024 年 8 月 27 日 1 5.会议主持人：董事长马淑云 6.会议列席人员：监事、高级管理人员 7.召开情况合法、合规、合章程性说明： 本次会议的召开程序符合《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》"）和《河南天马新材料股份有 限公司章程》（以下简称"《公司章程》"）的有关规定。 （二）会议出席情况 会议应出席董事 5 人，出席和授权出席董事 5 人。 董事长马淑云因工作原因以通讯方式参与表决。 独立董事孙亚光因工作原因以通讯方式参与表决。 ...

证券代码：838971 证券简称：天马新材 公告编号：2024-083 河南天马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。 一、募集资金基本情况 （一）实际募集资金金额、资金到位时间 2022 年 9 月 2 日，中国证券监督管理委员会出具《关于同意河南天马新材 料股份有限公司向不特定合格投资者公开发行股票注册的批复》（证监许可 〔2022〕2026 号），同意公司向不特定合格投资者公开发行股票的注册申请。 经北京证券交易所《关于同意河南天马新材料股份有限公司股票在北京证券交易 所上市的函》（北证函〔2022〕195 号）批准，公司股票于 2022 年 9 月 27 日在 北京证券交易所上市。公司本次发行股数 14,406,668 股，发行价格为人民币 21.38 元/股，募集资金总额为人民币 308,014,561.84 元，扣除发行费用人民币 25,859,452.20 元（不含增值税），募集资金净额为人民币 282,1 ...

证券代码：838971 证券简称：天马新材 公告编号：2024-079 河南天马新材料股份有限公司 第三届董事会第二十七次会议决议公告 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 1.会议召开时间：2024 年 8 月 27 日 2.会议召开地点：公司会议室 3.会议召开方式：现场、通讯方式 4.发出董事会会议通知的时间和方式：2024 年 8 月 17 日以通讯或直接送达 方式发出 5.会议主持人：董事长马淑云 6.会议列席人员：监事、高级管理人员 7.召开情况合法、合规、合章程性说明： 本次会议的召开程序符合《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》"）和《河南天马新材料股份有 限公司章程》（以下简称"《公司章程》"）的有关规定。 （二）会议出席情况 会议应出席董事 5 人，出席和授权出席董事 5 人。 根据《公司法》《证券法》《北京证券交易所上市公司持续监管办法（试行）》 《上市公司信息披露管 ...