Core Viewpoint - The company reported a significant increase in revenue and net profit for the first three quarters of 2024, driven by rising aluminum prices and increased sales of profiles and aluminum wire and cable products [1] Financial Performance - For the first three quarters, the company achieved operating revenue of 59.536 billion yuan, a year-on-year increase of 11.34% [1] - The net profit attributable to shareholders reached 0.791 billion yuan, up 10.06% year-on-year [1] - The net profit after deducting non-recurring gains and losses was 0.762 billion yuan, reflecting an 18.16% year-on-year growth [1] - In the third quarter alone, operating revenue was 20.802 billion yuan, marking a 14.03% increase compared to the same period last year [1] - The net profit attributable to shareholders for the third quarter was 0.212 billion yuan, a slight increase of 0.86% year-on-year [1] - The net profit after deducting non-recurring gains and losses in the third quarter was 0.205 billion yuan, showing a significant year-on-year growth of 20.67% [1] Key Drivers of Growth - The increase in revenue and net profit is primarily attributed to the rise in aluminum prices compared to the same period last year [1] - There was an increase in revenue from profiles and aluminum wire and cable products [1] - The company accelerated inventory reduction, leading to a decrease in inventory levels and an increase in profits [1]

Investment Rating - The report maintains a "Recommended" rating for the company [5][3]. Core Insights - The company reported a revenue of 59.536 billion yuan for the first three quarters of 2024, representing a year-on-year increase of 11.34%. The net profit attributable to shareholders was 0.791 billion yuan, up 10.06% year-on-year [2][3]. - In Q3 2024, the company achieved a revenue of 20.802 billion yuan, a year-on-year increase of 14.03%, but a quarter-on-quarter decrease of 0.73%. The net profit attributable to shareholders was 0.212 billion yuan, showing a slight year-on-year increase of 0.86% but a significant quarter-on-quarter decline of 28.49% [2][3]. - The increase in operating expenses was identified as the main reason for the quarter-on-quarter performance decline [2]. Summary by Relevant Sections Financial Performance - The company’s gross profit margin for the first three quarters was 3.64%, an increase of 0.36 percentage points year-on-year. The net profit margin was 1.32%, a slight decrease of 0.02 percentage points year-on-year. In Q3, the gross profit margin was 3.43%, down 0.15 percentage points quarter-on-quarter, and the net profit margin was 1.02%, up 0.37 percentage points quarter-on-quarter [2][3]. - The company’s net profit for Q3 was impacted by a combination of gross profit increase and higher expenses, with total expenses rising by 26.3% [3]. Market Position and Client Base - The company is a leader in the aluminum processing industry, holding a market share of 11.25% in domestic and 8.43% in global aluminum alloy round ingots, ranking first in both categories. It also ranks among the top three in the market share of 3C electronic aluminum profiles and aluminum wire rods [3]. - The company has established a growing client base, supplying major automotive brands such as BYD, Li Auto, CATL, and BMW. New client certifications are expected to enhance its position in the supply chain of well-known domestic and international manufacturers [3]. Future Growth Prospects - The company is set to expand its production capacity with new projects expected to come online by the end of 2024, including production lines for 3C consumer electronics in Vietnam and a lightweight automotive project in Yunnan [3]. - Revenue projections for 2024-2026 are estimated at 107.2 million, 142.3 million, and 156.4 million yuan, respectively, with corresponding PE ratios of 16, 12, and 11 times based on the closing price on October 25 [3][4].

创新新材料科技股份有限公司 关于使用部分闲置募集资金进行现金管理的公告 证券代码：600361 证券简称：创新新材 公告编号：2024-053 创新新材料科技股份有限公司 关于使用部分闲置募集资金进行现金管理的公告 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个别及连带责任。 重要内容提示： 履行的审议程序：创新新材料科技股份有限公司（以下简称"公司"） 于2024年10月25日召开第八届董事会第十六次会议和第八届监事会第十四次会 议，审议通过了《关于使用部分闲置募集资金进行现金管理的议案》，同意公司 在不影响募集资金投资计划正常进行的情况下，使用最高额度不超过人民币2.7 亿元（含）的部分闲置募集资金购买安全性高、流动性好、可以根据募投项目需 要及时赎回、满足保本要求的投资产品（包括但不限于结构性存款、大额存单、 通知存款、定期存款、收益凭证等），额度自公司董事会审议通过之日起至2025 年8月31日滚动使用。公司监事会及独立财务顾问发表了同意的意见。 投资类型：安全性高、流动性好、可以根据募投项目需要及时赎回、满 足保本要求的投资 ...

Financial Performance - The company's operating revenue for the third quarter reached ¥20,802,123,311.77, an increase of 14.03% compared to the same period last year[2] - The net profit attributable to shareholders of the listed company was ¥212,149,161.16, reflecting a growth of 0.86% year-on-year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥205,012,188.23, up by 20.67% compared to the previous year[2] - The basic earnings per share for the third quarter was ¥0.051, representing an increase of 1.87% year-on-year[3] - Total operating revenue for the first three quarters of 2024 reached CNY 59.54 billion, an increase of 11.5% compared to CNY 53.47 billion in the same period of 2023[14] - Net profit for the first three quarters of 2024 was CNY 786.04 million, compared to CNY 718.34 million in the same period of 2023, representing an increase of 9.4%[15] - The company's operating profit for the first three quarters of 2024 was CNY 1.01 billion, up from CNY 887.42 million in 2023, marking a growth of 14.2%[15] Cash Flow - The net cash flow from operating activities for the third quarter was ¥1,214,388,803.41, a significant increase of 856.97%[2] - The company reported a net cash flow from operating activities year-to-date of -¥689,151,682.64, a decline of 1,906.63% compared to the same period last year[8] - Cash inflow from operating activities for the first three quarters of 2024 was 65,656,873,234.95 RMB, compared to 61,420,516,494.05 RMB in the same period of 2023, representing an increase of approximately 3.8%[16] - Cash outflow from operating activities totaled 66,346,024,917.59 RMB, leading to a net cash flow from operating activities of -689,151,682.64 RMB[16] - The company’s cash flow from operating activities remains strong, supporting ongoing investments in new technologies and market expansion[15] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥24,445,839,653.07, a rise of 22.75% from the end of the previous year[3] - The company's total current assets as of September 30, 2024, amount to 15,579,489,210.01 RMB, an increase from 11,656,383,982.98 RMB at the end of 2023[12] - The total liabilities of the company as of the third quarter of 2024 were CNY 13.72 billion, an increase from CNY 9.64 billion in the previous year, reflecting a growth of 42.5%[14] - The company's total liabilities include short-term borrowings of 7,101,722,125.94 RMB, up from 4,651,280,569.08 RMB[12] - The total non-current assets are valued at 8,866,350,443.06 RMB, an increase from 8,259,202,813.62 RMB[12] Shareholder Information - The total number of common shareholders at the end of the reporting period is 45,828[9] - The largest shareholder, Shandong Innovation Group Co., Ltd., holds 1,333,440,883 shares, accounting for 32.46% of total shares[9] - The company has a total of 66,518,847 shares held by Fuli Yuzhan Technology (Shenzhen) Co., Ltd., representing a significant stake in the company[10] Research and Development - Research and development expenses for the first three quarters of 2024 amounted to CNY 287.38 million, slightly higher than CNY 278.60 million in 2023, indicating a focus on innovation[14] Future Outlook - The company plans to continue its market expansion and product development strategies in the upcoming quarters to sustain growth momentum[15] - The company plans to continue its focus on expanding its market presence and investing in new technologies and products[18]

华泰联合证券有限责任公司 （二）投资金额 以闲置募集资金进行现金管理的额度不超过人民币 2.7 亿元（含），在额度 内资金可以滚动使用。 （三）资金来源 1、公司用于进行现金管理的资金为公司部分闲置募集资金。 2、募集资金基本情况 关于创新新材料科技股份有限公司使用部分闲置募集资金 进行现金管理的核查意见 华泰联合证券有限责任公司（以下简称"华泰联合证券"或"独立财务顾问"） 作为创新新材料科技股份有限公司（以下简称"创新新材"或"公司"）重大资 产出售及向特定对象发行股份购买山东创新金属科技有限公司 100%股权并募集 配套资金暨关联交易的独立财务顾问，根据《上市公司重大资产重组管理办法》 《上海证券交易所股票上市规则》、《上市公司监管指引第 2 号——上市公司募 集资金管理和使用的监管要求》、《上海证券交易所上市公司自律监管指引第 1 号——规范运作》、《上海证券交易所上市公司自律监管指引第 11 号——持续 督导》等文件的有关规定，对创新新材使用部分闲置募集资金进行现金管理相关 事项进行了认真、审慎的核查，并发表本核查意见，具体情况如下： 一、现金管理概况 （一）现金管理目的 在确保不影响公司主营业务的 ...

一、董事会会议召开情况 创新新材料科技股份有限公司（以下简称"公司"、"本公司"）第八届董事会 第十六次会议（以下简称"本次会议"）的通知和会议材料于 2024 年 10 月 15 日 以邮件方式向本公司全体董事和监事发出。本次会议于 2024 年 10 月 25 日以通 讯表决的方式召开，应出席董事 9 人，实际出席董事 9 人，本公司监事和高级管 理人员列席了本次会议。本次会议由董事长崔立新先生主持。本次会议的召集和 召开符合有关法律、行政法规、部门规章、其他规范性文件和本公司章程的规定。 二、董事会会议审议情况 1、《关于 2024 年第三季度报告的议案》 创新新材料科技股份有限公司 第八届董事会第十六次会议决议公告 证券代码：600361 证券简称：创新新材 公告编号：2024-051 创新新材料科技股份有限公司 第八届董事会第十六次会议决议公告 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。 经审议，董事会认为：公司《2024 年第三季度报告》的编制程序、季度报 告内容、格式符合相关文件的规定；报告内容真实、准确、完 ...

创新新材料科技股份有限公司 第八届监事会第十四次会议决议公告 证券代码：600361 证券简称：创新新材 公告编号：2024-052 创新新材料科技股份有限公司 第八届监事会第十四次会议决议公告 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。 一、监事会会议召开情况 创新新材料科技股份有限公司（以下简称"公司"、"本公司"）第八届监事会 第十四次会议（以下简称"本次会议"）的通知和会议材料于 2024 年 10 月 15 日 以电子邮件方式向本公司全体监事发出。本次会议于 2024 年 10 月 25 日以通讯 表决的方式召开，应出席监事 3 人，实际出席监事 3 人。本公司部分高级管理人 员列席了本次会议。本次会议由监事会主席张京超先生主持。本次会议的召集和 召开符合有关法律、行政法规、部门规章、其他规范性文件和本公司章程的规定。 二、监事会会议审议情况 1、《关于 2024 年第三季度报告的议案》 经审核，监事会认为董事会编制和审议公司 2024 年第三季度报告的程序符 合法律、法规以及中国证券监督管理委员会的规定，报告的 ...

创新新材料科技股份有限公司 关于变更独立财务顾问主办人的公告 证券代码：600361 证券简称：创新新材 公告编号：2024-050 创新新材料科技股份有限公司 关于变更独立财务顾问主办人的公告 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。 华泰联合证券有限责任公司（以下简称"华泰联合证券"）为创新新材料科 技股份有限公司（以下简称"公司"）重大资产出售及发行股份购买资产并募集 配套资金暨关联交易（以下简称"重大资产重组项目"）的独立财务顾问，持续 督导期为 2022 年 11 月 8 日至 2025 年 12 月 31 日。 近日，公司收到华泰联合证券出具的《关于变更独立财务顾问主办人的函》。 华泰联合证券原委派担任重大资产重组项目的独立财务顾问主办人之一杨倩女 士，因个人工作变动原因已从华泰联合证券离职，不再继续担任重大资产重组项 目的独立财务顾问主办人。根据相关法规要求，华泰联合证券现委派韩杨先生（简 历见附件）接替杨倩女士履行重大资产重组项目的持续督导职责。公司对杨倩女 士在重大资产重组项目及持续督导期间的辛勤付出、 ...

北京市金杜律师事务所 关于创新新材料科技股份有限公司 2024 年第二次临时股东大会 之法律意见书 致：创新新材料科技股份有限公司 北京市金杜律师事务所（以下简称本所）接受创新新材料科技股份有限公 司（以下简称公司）委托，根据《中华人民共和国证券法》（以下简称《证券法》）、 《中华人民共和国公司法》（以下简称《公司法》）、《上市公司股东大会规则（2022 年修订）》（以下简称《股东大会规则》）等中华人民共和国境内（以下简称中国 境内，为本法律意见书之目的，不包括中国香港特别行政区、中国澳门特别行 政区和中国台湾地区）现行有效的法律、行政法规、规章和规范性文件和现行 有效的公司章程有关规定，指派律师出席了公司于 2024 年 10 月 16 日召开的 2024 年第二次临时股东大会（以下简称本次股东大会），并就本次股东大会相 关事项出具本法律意见书。 为出具本法律意见书，本所律师审查了公司提供的以下文件，包括但不限 于： 1 1. 经公司 2023 年年度股东大会审议通过的《创新新材料科技股份有限公 司章程》（以下简称《公司章程》）； 2. 公司于 2024 年 9 月 27 日刊登于巨潮资讯网、上海证券交易所 ...

创新新材料科技股份有限公司 2024 年第二次临时股东大会决议公告 证券代码：600361 证券简称：创新新材 公告编号：2024-049 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：无 一、 会议召开和出席情况 (一) 股东大会召开的时间：2024 年 10 月 16 日 (二) 股东大会召开的地点：山东省滨州市邹平市经济技术开发区月河六 路中段创新第四工业园办公楼一层会议室 (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： | 1、出席会议的股东和代理人人数 | 525 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 2,569,934,523 | | 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 | 62.5678 | | 份总数的比例（%） | | (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。 创新新材料科技股份有限公司 2024 年第二次临时股东大会决议公告 1、 议案名称 ...