江苏三房巷聚材股份有限公司（以下简称"公司"）控股股东三房巷集团 有限公司（以下简称"三房巷集团"）持有公司股份数量为2,967,261,031股，占公 司总股本的76.15%。本次解除质押及再质押后，三房巷集团累计质押股份数量为 1,807,049,900股，占其所持有公司股份总数的60.90%，占公司总股本的46.37%。 三房巷集团一致行动人江苏三房巷国际贸易有限公司（以下简称"三房巷国贸"） 持有公司股份数量为200,194,552股，占公司总股本的5.14%，未质押；三房巷集 团累计已质押股份数占三房巷集团及三房巷国贸所持有公司股份数的57.05%，占 公司总股本的46.37%。 近日，公司接到控股股东三房巷集团关于部分股份解除质押及再质押的通知， 现将有关情况公告如下： 一、本次股份解除质押情况 | 证券代码：600370 | 证券简称：三房巷 | 公告编号：2025-085 | | --- | --- | --- | | 转债代码：110092 | 转债简称：三房转债 | | 江苏三房巷聚材股份有限公司 关于控股股东部分股份解除质押及再质押的公告 本公司董事会及全体董事保证本公告内容不存在任何虚 ...

Core Points - The announcement from Sanfangxiang indicates that its controlling shareholder, Sanfangxiang Group, has partially released and re-pledged shares recently [1] - On November 19, 2025, Sanfangxiang Group released the pledge of 55 million shares to China Merchants Bank Wuxi Branch, which accounts for 1.85% of its holdings and 1.41% of the total share capital [1] - On the same day, the group pledged an additional 13 million unrestricted circulating shares to the same bank, representing 0.44% of its holdings and 0.33% of the total share capital [1] - After these changes, Sanfangxiang Group has a total of 1.807 billion pledged shares, which is 60.90% of its holdings and 46.37% of the total share capital [1] - The financing balances corresponding to the pledged shares due in the next six months and one year are 100 million yuan and 954 million yuan, respectively, indicating that the pledge risk is manageable [1]

Group 1 - The company, Jiangsu Sanfangxiang Composite Materials Co., Ltd., has issued a notice regarding the potential adjustment of the conversion price for its convertible bonds, "Sanfang Convertible Bonds" [1][8] - The company issued 25 million convertible bonds on January 6, 2023, with a total amount of 250 million yuan and a maturity of six years, with varying interest rates over the years [2] - The initial conversion price was set at 3.17 yuan per share, which was adjusted to 3.02 yuan per share effective from May 8, 2023, following the company's annual profit distribution [3] Group 2 - The convertible bond's conversion price can be adjusted downwards if the company's stock price closes below 85% of the current conversion price for at least 15 out of 30 consecutive trading days [4] - If the conversion price is to be adjusted, the company must announce the adjustment details and the suspension of conversion applications through designated media [5] - As of October 25, 2025, if the company's stock price continues to close below 2.57 yuan per share for 5 out of the next 12 trading days, it will trigger the conversion price adjustment clause [6]

一、可转债发行上市概况 经中国证券监督管理委员会《关于核准江苏三房巷聚材股份有限公司公开发 行可转换公司债券的批复》（证监许可〔2022〕2933号）核准，江苏三房巷聚材 股份有限公司（以下简称"公司"、"本公司"）于2023年1月6日公开发行了2,500 万张可转换公司债券（以下简称"三房转债"），每张面值100元，发行总额250,000 万元，期限6年，"三房转债"票面利率为第一年0.30%、第二年0.50%、第三年1.00%、 第四年1.50%、第五年1.80%、第六年2.00%。 经上海证券交易所自律监管决定书[2023]14号文同意，公司发行的25亿元可 转换公司债券于2023年2月7日起在上海证券交易所上市交易，该可转换公司债券 证券简称为"三房转债"，证券代码为"110092"。 根据《上海证券交易所股票上市规则》等相关规定和《江苏三房巷聚材股份 有限公司公开发行可转换公司债券募集说明书》（以下简称"《募集说明书》"） 的约定，公司本次发行的"三房转债"自2023年7月12日起可转换为本公司股份， 转股期起止日期为2023年7月12日至2029年1月5日，初始转股价格为3.17元/股， 因公司实 ...

Company Overview - Jiangsu Sanfangxiang Polymeric Materials Co., Ltd. was established on June 13, 1994, and listed on March 6, 2003. The company is located in Zhouzhuang Town, Jiangyin City, Jiangsu Province. Its main business includes the production and sales of bottle-grade polyester chips and PTA, as well as PBT engineering plastics and thermal power [2]. Business Performance - For the period from January to September 2025, the company achieved operating revenue of 16.007 billion yuan, a year-on-year decrease of 12.49%. The net profit attributable to the parent company was -467 million yuan, reflecting a year-on-year decrease of 52.14% [2]. - The revenue composition of the company is as follows: bottle-grade polyester chips account for 79.87%, PTA for 17.60%, electricity and steam for 1.12%, engineering plastics for 0.78%, and other products and services for 0.62% [2]. Stock Performance - As of November 12, the stock price of Sanfangxiang decreased by 2.31%, trading at 2.54 yuan per share, with a total market capitalization of 9.898 billion yuan. The stock has increased by 38.04% year-to-date [1]. - The stock has appeared on the daily trading list (龙虎榜) seven times this year, with the most recent appearance on November 6, where it recorded a net purchase of 352.604 million yuan [1]. Shareholder Information - As of September 30, 2025, the number of shareholders was 35,200, a decrease of 4.11% from the previous period. The average circulating shares per person increased by 4.28% to 110,719 shares [2]. - The company has distributed a total of 1.86 billion yuan in dividends since its A-share listing, with 584 million yuan distributed in the last three years [3]. Institutional Holdings - As of September 30, 2025, Hong Kong Central Clearing Limited was the seventh-largest circulating shareholder, holding 9.8844 million shares as a new shareholder [3].

Group 1 - The chemical fiber sector experienced a rise of 3.07% on November 10, with Xinxiang Chemical Fiber leading the gains [1] - The Shanghai Composite Index closed at 4018.6, up 0.53%, while the Shenzhen Component Index closed at 13427.61, up 0.18% [1] - Key stocks in the chemical fiber sector showed significant increases, with Xinxiang Chemical Fiber rising by 10.00% to a closing price of 5.39 [1] Group 2 - The chemical fiber sector saw a net inflow of 380 million yuan from main funds, while retail investors experienced a net outflow of 266 million yuan [2][3] - Major stocks like Huafeng Chemical and Xinxiang Chemical Fiber had varying net inflows and outflows, indicating mixed investor sentiment [3] - Xinxiang Chemical Fiber had a main fund net inflow of 130 million yuan, but also saw significant outflows from retail investors [3]

Core Points - On November 7, the company announced that its controlling shareholder, Sanfangxiang Group Co., Ltd., pledged 100,000,000 shares of unrestricted circulating stock to Shanghai Pudong Development Bank Co., Ltd. Jiangyin Branch [1] - The pledged shares represent 3.37% of the shares held by the controlling shareholder and 2.57% of the company's total share capital [1] - The purpose of the pledged financing is for the subsidiary of Sanfangxiang Group to apply for comprehensive bank credit [1]

Group 1 - The controlling shareholder of Sanfangxiang Group holds approximately 2.967 billion shares, accounting for 76.15% of the total share capital of the company [1] - After the recent pledge of shares, the total number of pledged shares by Sanfangxiang Group is about 1.849 billion shares, which represents 62.32% of the shares held by the group and 47.45% of the company's total share capital [1] - The company’s revenue composition for 2024 is projected to be 77.73% from the polyester industry, 20.13% from the chemical industry, 1.16% from other industries, and 0.97% from thermal power [1] Group 2 - The current market capitalization of Sanfangxiang is 9.9 billion yuan [2]

Group 1 - The chemical fiber sector increased by 1.54% on November 7, with Hui Long New Materials leading the gains [1] - The Shanghai Composite Index closed at 3997.56, down 0.25%, while the Shenzhen Component Index closed at 13404.06, down 0.36% [1] - The table of individual stocks in the chemical fiber sector shows various price changes, with Sanfangxiang down by 1.54% and Nanjing Chemical Fiber down by 1.53% [1] Group 2 - The chemical fiber sector experienced a net outflow of 49.33 million yuan from institutional investors, while retail investors saw a net inflow of 29.64 million yuan [3] - The table of fund flows indicates that Hengshen New Materials had a net inflow of 36.31 million yuan from institutional investors, but a net outflow from retail investors [3] - The overall fund flow data highlights a mixed sentiment in the sector, with some stocks attracting retail interest despite institutional selling [3]

| 证券代码：600370 | 证券简称：三房巷 | 公告编号：2025-083 | | --- | --- | --- | | 转债代码：110092 | 转债简称：三房转债 | | 江苏三房巷聚材股份有限公司 关于控股股东部分股份质押的公告 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。 重要内容提示： 江苏三房巷聚材股份有限公司（以下简称"公司"）控股股东三房巷集团 有限公司（以下简称"三房巷集团"）持有公司股份数量为2,967,261,031股，占公 司总股本的76.15%。本次股份质押后，三房巷集团累计质押股份数量为 1,849,049,900股，占其所持有公司股份总数的62.32%，占公司总股本的47.45%。 三房巷集团一致行动人江苏三房巷国际贸易有限公司（以下简称"三房巷国贸"） 持有公司股份数量为200,194,552股，占公司总股本的5.14%，未质押；三房巷集 团累计已质押股份数占三房巷集团及三房巷国贸所持有公司股份数的58.38%，占 公司总股本的47.45%。 近日，公司接到控股股东三房巷集团关于部分 ...