Financial Performance - The company's operating revenue for Q1 2025 reached ¥92,412,428.25, representing a 120.89% increase compared to ¥41,836,553.69 in the same period last year[3] - The net profit attributable to shareholders was ¥98,815,223.73, a significant recovery from a loss of ¥25,868,125.23 in the previous year[3] - The basic earnings per share increased to ¥0.1921 from a loss of ¥0.0503 in the same period last year[3] - Total operating revenue for Q1 2025 reached $92.41 million, a significant increase from $41.84 million in Q1 2024, representing a growth of 120.4%[17] - The net profit for Q1 2025 was $98.82 million, compared to a net loss of $25.87 million in Q1 2024, marking a turnaround of $124.69 million[18] - The operating profit for Q1 2025 was $99.02 million, contrasting with an operating loss of $23.92 million in Q1 2024[18] - The company reported a basic and diluted earnings per share of $0.1921 for Q1 2025, recovering from a loss per share of -$0.0503 in Q1 2024[18] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,005,319,709.70, up 16.68% from ¥861,574,055.63 at the end of the previous year[4] - Total liabilities as of March 31, 2025, were RMB 845,257,126.29, compared to RMB 800,494,756.18 at the end of 2024, showing an increase of about 5.6%[14] - The company's total assets reached RMB 1,005,319,709.70, up from RMB 861,574,055.63, marking an increase of approximately 16.7%[14] - The company's total non-current assets decreased slightly to RMB 617,581,179.94 from RMB 642,866,895.75, a decline of about 3.9%[13] Shareholder Equity - The equity attributable to shareholders increased by 162.06% to ¥160,062,583.41 from ¥61,079,299.45 at the end of the previous year[4] - The company's total equity attributable to shareholders improved to RMB 160,062,583.41 from RMB 61,079,299.45, representing a significant increase of approximately 162.3%[14] Cash Flow - The company reported a net cash flow from operating activities of -¥42,223,140.23, worsening from -¥8,520,870.96 in the same period last year[3] - Cash flow from operating activities in Q1 2025 was negative at -$42.22 million, worsening from -$8.52 million in Q1 2024[22] - Cash flow from investing activities generated a net inflow of $57.31 million in Q1 2025, compared to a net outflow of $2.23 million in Q1 2024[23] - Cash flow from financing activities resulted in a net inflow of $13.18 million in Q1 2025, down from $43.12 million in Q1 2024[23] Current Assets - As of March 31, 2025, the company's total current assets amounted to RMB 387,738,529.76, a significant increase from RMB 218,707,159.88 on December 31, 2024, representing a growth of approximately 77.5%[12] - The company's cash and cash equivalents increased to RMB 62,927,224.70 from RMB 34,660,937.32, reflecting an increase of about 81.5%[12] - Accounts receivable rose to RMB 122,237,781.44, up from RMB 61,326,505.36, indicating a growth of approximately 99.5%[12] - The company's inventory increased to RMB 95,785,666.12 from RMB 87,607,557.32, reflecting a growth of approximately 9.3%[12] Other Financial Metrics - Non-recurring gains and losses totaled ¥125,379,618.88, primarily due to asset disposal gains and government subsidies[5] - The company experienced a 927.23% increase in receivables financing, mainly due to an increase in bank acceptance bills[6] - The number of ordinary shareholders at the end of the reporting period was 34,358[8] - Total operating costs in Q1 2025 were $120.40 million, up from $68.36 million in Q1 2024, indicating an increase of 76.3%[17] - The company reported a net loss of RMB 992,964,417.40, which is an improvement compared to a net loss of RMB 1,091,779,641.13 in the previous period[14] - The company has no significant changes in the shareholding structure or related party transactions among the top shareholders[10]

Financial Performance - The company's operating revenue for 2024 reached ¥386.87 million, a 43% increase compared to ¥270.55 million in 2023[23] - The net profit attributable to shareholders for 2024 was -¥186.17 million, showing an improvement from -¥199.67 million in 2023[23] - The net cash flow from operating activities for 2024 was -¥37.60 million, compared to -¥144.74 million in 2023, indicating a significant reduction in cash outflow[23] - The total assets at the end of 2024 were ¥861.57 million, down 11.84% from ¥977.23 million at the end of 2023[23] - The net assets attributable to shareholders decreased by 75.14% to ¥61.08 million at the end of 2024, down from ¥245.69 million at the end of 2023[23] - The basic earnings per share for 2024 was -¥0.3619, slightly improved from -¥0.3882 in 2023[22] - The weighted average return on net assets for 2024 was -121.37%, a decrease of 63.83 percentage points from -57.54% in 2023[24] - The company reported a quarterly revenue of ¥138.54 million in Q4 2024, with a net profit of -¥98.51 million attributable to shareholders[24] Revenue and Cost Analysis - The operating costs rose by 40.86% to 419.89 million yuan, primarily due to increased sales of platinum mesh and new palladium chloride business[55] - The gross margin for precious metal processing decreased by 2.37 percentage points to -4.22%[60] - The total cost of platinum alloy mesh reached ¥285,457,285.54, accounting for 68.82% of total costs, with a year-on-year increase of 54.83%[64] - The total revenue from the biological degradation materials segment decreased by 20.26% to ¥76,427,301.62 compared to the previous year[64] Research and Development - Research and development expenses increased by 333.46% to 2.61 million yuan, indicating a significant investment in new projects[56] - The company employed 20 R&D personnel, accounting for 7.22% of the total workforce, with a significant portion holding master's degrees[72] - The company is investing 50 million in R&D for new technologies aimed at enhancing product efficiency[106] Market and Operational Strategy - The company is focusing on expanding its market presence in the precious metal recovery industry, which has seen a compound annual growth rate of 6.76% from 2019 to 2023[39] - The company is actively exploring new directions in the new materials industry through in-depth market research and development initiatives[34] - The company aims to enhance its market share in the precious metal recycling industry, which currently has an annual disposal volume of approximately 5,000 tons, with about 20 qualified companies in the market[81] - The biodegradable plastics market is projected to reach $4.15 billion by 2024, with a compound annual growth rate of 9.8% from 2024 to 2029, indicating strong growth potential[83] Compliance and Governance - The company established a compliance committee to strengthen compliance management and improve legal review processes[35] - The company has established a robust internal control system to ensure compliance with legal and regulatory requirements, enhancing overall governance[98] - The company conducted 4 shareholder meetings and 11 board meetings during the reporting period to ensure effective governance and stakeholder engagement[99] Environmental and Social Responsibility - The company is committed to ESG principles, initiating the preparation of an ESG report to promote sustainable development[36] - The company has implemented carbon reduction measures, resulting in a reduction of 418.51 tons of CO2 equivalent emissions[140] - The company has established pollution prevention facilities, including wastewater treatment systems and waste gas collection systems, which are operating normally[131] - The company has received administrative penalties totaling 310,000 yuan due to environmental issues, which have been rectified[136] Financial Position and Liabilities - The company's total liabilities increased to CNY 800,494,756.18, up from CNY 731,544,577.75, reflecting a rise of 9.4%[197] - The company's equity attributable to shareholders decreased significantly to CNY 61,079,299.45 from CNY 245,689,989.86, a decline of 75.2%[197] - The company reported an accumulated deficit of ¥798,032,707.43, worsening from ¥709,151,338.21, highlighting ongoing financial challenges[200] Shareholder and Management Information - The total pre-tax remuneration for the management team during the reporting period amounted to 292.65 million CNY, with individual remuneration for the general manager at 57.11 million CNY and the finance director at 23.86 million CNY[103][104] - The company has experienced changes in its management team, with several new appointments and departures due to work transitions[111] - The company is in the process of appointing new independent directors and non-independent directors as part of its governance strategy[101] Future Outlook - The company provided a future outlook with a revenue guidance of 1.8 billion for the next quarter, indicating a growth of 20%[106] - New product launches are expected to contribute an additional 300 million in revenue over the next fiscal year[106] - The company plans to focus on technology management and innovation, establishing a research and development mechanism to overcome core technology bottlenecks[84]

证券代码：600281 证券简称：华阳新材 公告编号：2025-018 山西华阳新材料股份有限公司 关于召开2024年年度股东大会的通知 （二）股东大会召集人：董事会 （三）投票方式：本次股东大会所采用的表决方式是现场投票和网络投票相 结合的方式 （四）现场会议召开的日期、时间和地点 召开的日期时间：2025 年 5 月 20 日 14 点 30 分 召开地点：公司会议室 （五）网络投票的系统、起止日期和投票时间。 网络投票系统：上海证券交易所股东大会网络投票系统 网络投票起止时间：自2025 年 5 月 20 日 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、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法律责任。 重要内容提示： 一、 召开会议的基本情况 （一）股东大会类型和届次 2024年年度股东大会 至2025 年 5 月 20 日 采用上海证券交易所网络投票系统，通过交易系统投票平台的投票时间为股 股东大会召开日期：2025年5月20日 本次股东大会采用的网络投票系统：上海证券交易所股东大会网络投票 系统 东大会召开当日的交易时间段，即 9:15-9:25,9:30-11 ...

证券代码：600281 证券简称：华阳新材 公告编号：临 2025-013 山西华阳新材料股份有限公司 第八届董事会 2025 年第三次会议决议公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、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法律责任。 重要内容提示： 一、董事会会议召开情况 山西华阳新材料股份有限公司（以下简称"公司"）第八届董事会 2025 年第三次会 议通知于 2025 年 4 月 14 日以电子邮件等方式向全体董事发出。本次会议于 2025 年 4 月 24 日以现场和通讯相结合的方式召开，本次会议应到会董事 9 人，实际到会董事 9 人。 会议由公司董事长梁昌春先生主持，本次会议的召集召开程序符合《公司法》《证券法》 和《公司章程》的有关规定。 二、董事会会议审议情况 会议审议并通过了以下议案： （一）《公司 2024 年度董事会工作报告》 表决结果：同意 9 票；反对 0 票；弃权 0 票。 全文详见公司同日在上海证券交易所网站（http://www.sse.com.cn）披露的《山西 华阳新材料股份有限公司 2024 年年度报告》。 此议案尚需股东大会 ...

证券代码：600281 证券简称：华阳新材 公告编号：临 2025-011 ? 本次董事会议案全部获得通过。 一、董事会会议召开情况 山西华阳新材料股份有限公司（以下简称："公司"）第八届董事会 2025 年第二次 会议通知于 2025 年 3 月 21 日以电子邮件等方式向全体董事发出。本次会议于 2025 年 3 月 28 日以通讯表决的方式召开，本次会议应参会董事 9 人，实际参会董事 9 人。会议由 公司董事长梁昌春先生主持，本次会议的召集召开程序符合《公司法》、《证券法》和 《公司章程》的有关规定。 二、董事会会议审议情况 会议审议并通过了《关于山西华阳新材料股份有限公司销售分公司注销的议案》 表决结果：同意 9 票；反对 0 票；弃权 0 票。 山西华阳新材料股份有限公司 第八届董事会 2025 年第二次会议决议公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、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法律责任。 重要内容提示： ? 无董事对本次董事会议案投反对或弃权票。 此议案的具体内容详见公司同日在上海证券交易所网站（http://www.sse.com.cn ...

本公司董事会及全体董事保证本公告内容不存在任何虚假记载、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法律责任。 重要内容提示： 一、董事会会议召开情况 山西华阳新材料股份有限公司（以下简称："公司"）第八届董事会 2025 年第二次 会议通知于 2025 年 3 月 21 日以电子邮件等方式向全体董事发出。本次会议于 2025 年 3 月 28 日以通讯表决的方式召开，本次会议应参会董事 9 人，实际参会董事 9 人。会议由 公司董事长梁昌春先生主持，本次会议的召集召开程序符合《公司法》、《证券法》和 《公司章程》的有关规定。 证券代码：600281 证券简称：华阳新材 公告编号：临 2025-011 山西华阳新材料股份有限公司 第八届董事会 2025 年第二次会议决议公告 会议审议并通过了《关于山西华阳新材料股份有限公司销售分公司注销的议案》 表决结果：同意 9 票；反对 0 票；弃权 0 票。 此议案的具体内容详见公司同日在上海证券交易所网站（http://www.sse.com.cn） 及《中国证券报》、《上海证券报》披露的临 2025-012 号公告。 无董事对本次董事会议案投反对 ...

证券代码：600281 证券简称：华阳新材 公告编号：临 2025-012 山西华阳新材料股份有限公司 关于注销销售分公司的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、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法律责任。 根据山西华阳新材料股份有限公司（以下简称："公司"）整体经营规划，为优化 企业组织架构，提高公司管理效率，公司拟注销山西华阳新材料股份有限公司销售分公 司，并授权公司经营管理层办理本次分公司注销相关事宜。具体情况如下： 一、拟注销分公司的基本情况 企业名称：山西华阳新材料股份有限公司销售分公司 统一社会信用代码：91149900M47XP5QEXQ 注册地址：山西转型综合改革示范区唐槐产业园横河西二巷 8 号 负责人：耿志强 成立日期：2022 年 6 月 9 日 营业期限：2022 年 6 月 9 日至长期 经营范围： 一般项目：合成材料销售；新型膜材料销售；工程塑料及合成树脂销售； 生物基材料销售；塑料制品销售；化工产品销售（不含许可类化工产品）；专用化学产 品销售（不含危险化学品）；新型催化材料及助剂销售。 二、董事会会议审议情况 公司于 202 ...

证券代码：600281 证券简称：华阳新材 公告编号：临 2025- 010 山西华阳新材料股份有限公司 关于职工监事辞职及补选职工监事的公告 本公司监事会及全体监事保证本公告内容不存在任何虚假记载、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法律责任。 二、职工监事补选情况 根据《公司法》、《公司章程》的规定，为保证监事会正常运作，公司于 2025 年 2 月 7 日召开了职工代表大会，经与会职工代表认真审议，会议选举段建飞先生 （简历附后）为公司第八届监事会职工代表监事，任期自公司职工代表大会选举之日 起至第八届监事会届满之日止。 特此公告。 山西华阳新材料股份有限公司监事会 一、职工监事辞职情况 山西华阳新材料股份有限公司（以下简称"公司"）监事会于近日收到职工监事 孟晋斌先生提交的书面辞职报告，孟晋斌先生因工作变动辞去公司第八届监事会职 工监事职务，辞职后其将不再担任公司任何职务，辞职报告自送达监事会之日起生 效。 孟晋斌先生在任职期间，恪尽职守、勤勉尽责，公司及监事会对其为公司发展所 做出的贡献表示衷心感谢！ 2025 年 2 月 8 日 段建飞先生简历： 段建飞，1972 年 ...

| 1、出席会议的股东和代理人人数 | 226 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 253,706,704 | | 3、出席会议的股东所持有表决权股份数占公司有表决权股 | | | 份总数的比例（%） | 49.32 | (四) 表决方式是否符合《公司法》及《公司章程》的规定，大会主持情况等。 本次大会的表决方式符合《公司法》及《公司章程》的规定，大会由公司董事长梁昌春 先生主持。 证券代码：600281 证券简称：华阳新材 公告编号：2025-009 山西华阳新材料股份有限公司 2025 年第一次临时股东大会决议公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、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法律责任。 重要内容提示： 本次会议是否有否决议案：有 一、 会议召开和出席情况 (一) 股东大会召开的时间：2025 年 1 月 24 日 (二) 股东大会召开的地点：公司会议室 (三) 出席会议的普通股股东和恢复表决权的优先股股东及其持有股份情况： (五) 公司董事、监事和董事会秘书的出席情况 1、 公司在任董事 9 人 ...

北京德恒（太原）律师事务所 北京德恒（太原）律师事务所 关于山西华阳新材料股份有限公司 2025 年第一次临时股东大会的法律意见 地址 Add: 山西省太原市长风商务区长兴路 1 号华润大厦 T6 座 30、31 层 电话 Tel: 0351-8395811 传真 Fax: 0351-8395822 邮编：030006 关于山西华阳新材料股份有限公司 北京德恒（太原）律师事务所 2025 年第一次临时股东大会的法律意见 关于山西华阳新材料股份有限公司 2025 年第一次临时股东大会的法律意见 致：山西华阳新材料股份有限公司 北京德恒（太原）律师事务所（以下简称"本所"）受山西华阳新材料股份有 限公司（以下简称"公司"）委托，指派张鑫磊律师、潘磊律师参加公司 2025 年第 一次临时股东大会（以下简称"本次股东大会"），对本次股东大会的合法性进行 见证并出具法律意见。 本法律意见根据《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》"）等有关法律、法规、规范性文 件，以及《山西华阳新材料股份有限公司章程》（以下简称"《公司章程》"）、 《山西华阳新材料股份有限公 ...