| 序号 | 项目名称 | 项目总投资 | 拟投入募集资金 | | --- | --- | --- | --- | | 1 | 乘用车 ELSD、TVD、分动箱用湿式摩擦 | 12, 121. 00 | 12, 121. 00 | | | 片、对偶片及总成项目 | | | | 2 | 年产 2.800 万片商用车、工程机械、高 端农机、飞行汽车及其他机械用湿式摩 | 20, 879. 00 | 20, 879. 00 | | | 擦片及对偶片项目 | | | | 3 | 补充流动资金 | 5, 000. 00 | 5.000.00 | | | 合计 | 38, 000. 00 | 38, 000. 00 | 值得注意的是，林泰新材前次IPO募资净额约为1.12亿元（行使超额配售权后），截至2025年12月31 日，投入进度仅为59.13%。其中，"年产3000万片纸基摩擦片及对偶片项目"投入了75.64%，但"多用途 湿式摩擦片研发中心建设项目"仅投入了9.35%。 | 项目 | 募集前承諾投 入募集资金金 | 募集后承诺投 | 累计投入金额 | 投入讲度 | | --- | --- | --- | --- ...

Core Viewpoint - Lin Tai New Materials (920106.BJ) has announced a plan to issue shares to specific investors, aiming to raise up to 380 million yuan, which will be used for various projects including the production of wet friction plates and working capital [1][2]. Group 1: Fundraising Details - The total amount to be raised is capped at 38,000,000 yuan, which will be allocated to projects such as the production of wet friction plates for passenger cars and commercial vehicles, as well as for working capital [1]. - The issuance price will be no less than 80% of the average trading price of the company's shares over the 20 trading days prior to the pricing date [1]. Group 2: Share Issuance and Ownership Structure - The number of shares to be issued will not exceed 5,066,666 shares, representing approximately 8.95% of the total shares outstanding as of December 31, 2025, and will not exceed 30% of the total share capital before the issuance [2]. - Liu Jian, the controlling shareholder, holds 1,170,110 shares directly and controls an additional 450,880 shares indirectly, totaling 1,620,990 shares, which is 28.64% of the total shares [2][3]. Group 3: Control and Management - Liu Jian and his spouse, Song Pingping, collectively control 1,633,490 shares, representing 28.86% of the total shares, ensuring they remain the actual controllers of the company post-issuance [3]. - The issuance will not change the control of Lin Tai New Materials, as the couple will still hold significant voting rights [3]. Group 4: Previous Fundraising - In a previous fundraising round, Lin Tai New Materials issued 6,727,500 shares at a price of 19.82 yuan per share, raising a total of approximately 133.34 million yuan, with a net amount of about 112.48 million yuan after deducting issuance costs [4].

Investment Rating - The report does not explicitly state an investment rating for the industry or specific companies [32]. Core Insights - The North Exchange A-share trading volume reached 16.95 billion yuan on February 11, a decrease of 2.38 billion yuan from the previous trading day, with the North Exchange 50 Index closing at 1525.49, down 0.44% [8][16]. - Among the 293 companies listed on the North Exchange, 73 saw an increase in stock prices, 9 remained flat, and 211 experienced declines [18]. - The top five gainers included Minshida (8.4%), Gebijia (8.0%), Lingge Technology (7.6%), Kebaier (6.9%), and Jinhua New Materials (6.5%) [18]. - The top five decliners were Kaide Quartz (-7.4%), Optoelectronics (-6.1%), Liujin Technology (-5.7%), Hengtong Light (-5.2%), and Kangle Guardian (-4.8%) [18]. Summary by Sections Market Review - On February 11, the North Exchange A-share trading volume was 16.95 billion yuan, a decrease of 2.38 billion yuan from the previous day, with the North Exchange 50 Index closing at 1525.49, down 0.44% [8][16]. - The North Exchange Specialized and New Index closed at 2552.04, up 0.08% [8]. Important News - The State Council aims to establish a unified national electricity market system by 2035, with market-based electricity transactions accounting for about 70% of total electricity consumption by 2030 [21]. - The national standard for vehicle solid-state batteries is expected to be released in July 2026 [22]. Key Company Announcements - Ximic Technology reported a revenue of 96,079,621.14 yuan for 2025, a decrease of 23.05% year-on-year, with a net profit of 4,670,419.54 yuan, down 76.74% [23]. - Lintai New Materials plans to raise up to 380 million yuan through a private placement, with funds allocated for projects related to automotive components and high-end equipment manufacturing [24].

Investment Rating - The investment rating for the company is "Buy" [8] Core Insights - The company plans to raise no more than 380 million yuan through a private placement to enhance its product lineup in friction materials and expand into new market scenarios [8] - The strategic focus is on high-growth markets for intelligent driving and new energy vehicles, targeting high-value domestic alternatives in the automotive sector [8] - The company is positioned as the sole domestic supplier of wet paper-based friction plates for passenger vehicles, with significant growth potential in commercial vehicles and engineering machinery [8] Financial Projections - Total revenue is projected to grow from 206.56 million yuan in 2023 to 760.40 million yuan in 2027, reflecting a compound annual growth rate (CAGR) of approximately 34.70% [8] - Net profit attributable to the parent company is expected to increase from 49.18 million yuan in 2023 to 241.84 million yuan in 2027, with a notable growth rate of 38.49% in 2027 [8] - The earnings per share (EPS) is forecasted to rise from 0.87 yuan in 2023 to 4.27 yuan in 2027, indicating a strong upward trend in profitability [8]

Investment Rating - The investment rating for the company is "Buy" [8] Core Insights - The company plans to raise no more than 380 million yuan through a private placement to enhance its product lineup in friction materials and expand into new market scenarios [8] - The strategic focus is on high-growth markets for intelligent driving and new energy vehicles, targeting high-value domestic alternatives in the automotive sector [8] - The company is positioned as the sole domestic supplier of wet paper-based friction plates for passenger vehicles, with significant growth potential in commercial vehicles and engineering machinery [8] Financial Projections - Total revenue is projected to grow from 206.56 million yuan in 2023 to 760.40 million yuan in 2027, reflecting a compound annual growth rate (CAGR) of approximately 34.70% [8] - Net profit attributable to the parent company is expected to increase from 49.18 million yuan in 2023 to 241.84 million yuan in 2027, with a notable growth rate of 38.49% in 2027 [8] - The earnings per share (EPS) is forecasted to rise from 0.87 yuan in 2023 to 4.27 yuan in 2027, indicating a strong upward trend in profitability [8]

Core Viewpoint - Lin Tai New Materials (920106) is the first company on the Beijing Stock Exchange to disclose a private placement plan following the new refinancing regulations, aiming to raise up to 380 million yuan [1] Group 1: Fundraising Details - The total amount of funds to be raised is not more than 380 million yuan, including the principal [1] - After deducting issuance costs, the funds will be used entirely for projects related to passenger car ELSD, TVD, wet friction plates for transfer cases, dual plates, and assembly projects [1] Group 2: Production Capacity - The company plans to produce 28 million wet friction plates and dual plates annually for commercial vehicles, construction machinery, high-end agricultural machinery, flying cars, and other machinery [1] - The fundraising will also help supplement working capital [1]

Core Viewpoint - Lin Tai New Materials announced that it has not faced any penalties or regulatory measures from securities regulatory authorities or trading venues in the past five years [2] Company Summary - The company conducted a self-examination and confirmed the absence of any punitive actions or regulatory interventions over the last five years [2]

Core Viewpoint - Lin Tai New Materials has completed the registration capital change, increasing its registered capital from 55.8285 million yuan to 56.5935 million yuan, due to the grant of 765,000 restricted stocks to 37 incentive objects as part of the 2025 equity incentive plan [2] Group 1 - The registered capital has been changed from 55.8285 million yuan to 56.5935 million yuan [2] - The total number of shares has increased from 55.8285 million shares to 56.5935 million shares [2] - The increase in shares is attributed to the grant of 765,000 restricted stocks as part of the company's equity incentive plan [2]

证券代码：920106 证券简称：林泰新材 公告编号：2026-014 江苏林泰新材科技股份有限公司 未来三年（2026-2028 年）股东分红回报规划 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，不存在虚假 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。 为健全和完善江苏林泰新材科技股份有限公司（以下简称"公司"）利润分 配政策，建立科学、持续、稳定的分红决策和监督机制，积极回报投资者，引导 投资者树立长期投资和理性投资的理念，根据中国证券监督管理委员会（以下简 称"中国证监会"）《上市公司监管指引第 3 号——上市公司现金分红》以及《江 苏林泰新材科技股份有限公司章程》（以下简称"《公司章程》"）等相关文件 的规定和要求，并结合公司盈利能力、经营发展规划、股东回报及外部融资环境 等因素，公司制定了《江苏林泰新材科技股份有限公司未来三年（2026-2028 年） 股东分红回报规划》（以下简称"本规划"），具体内容如下： 一、本规划的制定原则 本规划的制定着眼于公司的长远和可持续发展，同时兼顾合理投资回报，保 证公司利润分配政策的连续性和稳定性，且不得违反 ...

前次募集资金使用情况鉴证报告 江苏林泰新材科技股份有限公司 RSM | 容诚 容诚专字|2026|230Z0285 号 容诚会计师事务所(特殊普通合伙) 中国 · 北京 您可使用手机"扫一扫"或进入"注册会计师行业统一监管平台（http://ac.mof.gov.cn）"进行查办 您可使用手机"扫一扫"或进入"注册会计师行业统一监管平台（http://ac.mof.gov.cn）"进行查测 " 目 录 | 序号 | 内 容 | 页码 | | --- | --- | --- | | 1 | 前次募集资金使用情况鉴证报告 | 1-3 | | 2 | 前次募集资金使用情况专项报告 | 1-8 | 本鉴证报告仅供林泰新材为向特定对象发行股票之目的使用,不得用作任何 其他目的。我们同意将本鉴证报告作为林泰新材向特定对象发行股票所必备的文 件,随其他申报材料一起上报。 二、 董事会的责任 按照中国证券监督管理委员会发布的《监管规则适用指引 -- 发行类第 7 号》 编制《前次募集资金使用情况专项报告》是林泰新材董事会的责任,这种责任包括 保证其内容真实、准确、完整,不存在虚假记录、误导性陈述或重大遗漏。 前次募集资金使用 ...