上海凯众材料科技股份有限公司 证券代码：603037 证券简称：凯众股份 公告编号：2025-048 第四届董事会第二十七次会议决议公告 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个别及连带责任。 一、董事会会议召开情况 上海凯众材料科技股份有限公司（以下简称"公司"）第四届董事会第二十 七次会议于 2025 年 9 月 4 日（星期四）在上海市浦东新区建业路 813 号公司会 议室以现场结合通讯的方式召开。本次会议的召集、召开与表决程序符合《公司 法》、《公司章程》的规定。本次会议应出席董事 9 人，实际出席董事 9 人，会议 由董事长杨建刚主持，部分高管列席。经各位董事认真审议，会议形成了如下决 议： 二、董事会会议审议情况 （一）、审议通过关于提名第五届董事会非独立董事候选人的议案 本议案已经公司提名委员会审议并同意提交董事会审议。 同意提名杨建刚、侯振坤、李建星、王庆德、周戌乾为公司第五届董事会非 独立董事候选人，任期自公司股东会选举通过之日起三年。 表决结果：9 票同意，0 票反对，0 票弃权。 本议案尚需提交股东会审议。 ...

Core Viewpoint - Kaizhong Co., Ltd. (603037) reported a revenue of 349 million yuan in the first half of 2025, reflecting a year-on-year growth of 0.89%, and a net profit attributable to shareholders of 37.79 million yuan, with a significant increase in net cash flow from operating activities by 171.39% to 79.30 million yuan [1][4]. Financial Performance - The company achieved a revenue of 349 million yuan in H1 2025, with a net profit of 37.79 million yuan and a net cash flow from operating activities of 79.30 million yuan [1]. - The company secured new projects valued at approximately 330 million yuan and generated revenue of 51.62 million yuan from new products [4][5]. Project and Product Development - The recent acquisition of new projects and the mass production of new products lay a solid foundation for the company's future capacity layout and market share enhancement [1][4]. - The company completed a convertible bond issuance of 308 million yuan, with the funds primarily allocated for the expansion project at the Nantong production base, focusing on capacity expansion and technological upgrades [2][3]. Market Opportunities - The global automotive industry is undergoing transformation, presenting market opportunities for automotive parts companies like Kaizhong, which specializes in chassis suspension system shock-absorbing components and lightweight pedal assemblies [2][5]. - Kaizhong's shock-absorbing components and lightweight pedal products are applicable in both new energy vehicles and traditional fuel vehicles, catering to the evolving demands of automotive manufacturers [2][4]. Production Capacity and Technological Upgrades - The Nantong production expansion project aims to achieve an annual production capacity of 27 million polyurethane shock-absorbing components and 3.5 million lightweight pedal assemblies, with automation and information technology upgrades to optimize production processes [3]. - The project includes specific production capacities for non-contact floor accelerator pedals and line-controlled brake pedals, which are critical development directions in the lightweight pedal sector [3]. R&D and International Expansion - The company continues to invest in polyurethane material research, exploring applications in new energy vehicles and energy storage systems, leading to new project orders from major domestic battery companies [5]. - Kaizhong has established international partnerships with renowned automotive manufacturers and has set up subsidiaries in Mexico, the USA, Europe, and Morocco, with a representative office in Japan [5].

Core Viewpoint - The financial performance of Kaizhong Co., Ltd. (603037) for the first half of 2025 shows a slight increase in total revenue but a significant decline in net profit, indicating potential challenges in profitability and cash flow management [1]. Financial Performance Summary - Total revenue for the first half of 2025 reached 349 million yuan, a year-on-year increase of 0.89% [1]. - Net profit attributable to shareholders was 37.79 million yuan, down 15.2% year-on-year [1]. - In Q2 2025, total revenue was 190 million yuan, a decrease of 10.73% compared to the same quarter last year [1]. - Q2 net profit attributable to shareholders was 25.27 million yuan, down 22.33% year-on-year [1]. - The company's accounts receivable reached 335 million yuan, representing 370.63% of the latest annual net profit [1]. Key Financial Ratios - Gross margin was 32.6%, a decrease of 5.67% year-on-year [1]. - Net margin was 10.66%, down 17.36% year-on-year [1]. - Total selling, administrative, and financial expenses amounted to 42.15 million yuan, accounting for 12.07% of revenue, a decrease of 7.84% year-on-year [1]. - Earnings per share were 0.14 yuan, down 17.65% year-on-year [1]. - Operating cash flow per share was 0.3 yuan, an increase of 93.1% year-on-year [1]. Business Development and Strategic Initiatives - The company is actively pursuing the issuance of convertible bonds and is in the process of registering them [2]. - Kaizhong Co., Ltd. is expanding its electronic throttle business to well-known international electric vehicle brands and has a partnership with Xiaomi for line control braking systems [3]. - The company is focusing on enhancing product development and market expansion, particularly in the automotive sector, to align with the trends of electrification and intelligentization [4]. - The company has established overseas subsidiaries in Mexico, the U.S., Germany, and Morocco to enhance its global presence and service capabilities [4].

Group 1 - The company, Shanghai Kaizhong Materials Technology Co., Ltd., is issuing convertible bonds to unspecified investors, with a total face value of RMB 100.00 per bond and a maturity period of six years from August 15, 2025, to August 14, 2031 [2][3][4] - The coupon rates for the bonds are set at 0.20% for the first year, 0.40% for the second year, 0.60% for the third year, and 1.00% for the fourth year, with annual interest payments [3][4][5] - The initial conversion price for the bonds is set at RMB 12.70 per share, which will be adjusted based on specific corporate actions such as stock dividends or capital increases [5][6][7] Group 2 - The bondholders have the right to convert their bonds into shares starting from February 23, 2026, until the maturity date [4][5] - The company has provisions for redeeming the bonds at 110% of the face value plus the last year's interest within five trading days after maturity, and can also redeem the bonds under certain conditions during the conversion period [9][10] - The company will not provide any guarantees for the bonds, and the credit rating for the bonds is AA- with a stable outlook [14][15] Group 3 - The company has made changes to its corporate governance structure by abolishing the supervisory board, with the responsibilities being transferred to the audit committee of the board of directors [16][17] - These changes are in compliance with the new Company Law and are not expected to adversely affect the safety of the bondholders' principal and interest or the company's debt repayment capacity [16][17]

上海东方华银律师事务所 法律意见书 上海东方华银律师事务所 关 于 上海凯众材料科技股份有限公司 之 法律意见书 上海东方华银律师事务所 上海市虹桥路 1591 号虹桥迎宾馆 34 号楼 电话：(8621) 68769686 上海东方华银律师事务所 法律意见书 上海东方华银律师事务所 关于上海凯众材料科技股份有限公司 上海东方华银律师事务所（以下简称"本所"）接受上海凯众材料科技股份 有限公司（以下简称"贵司"或"公司"）委托，就贵司召开 2025 年第一次临 时股东大会的有关事宜，根据《中华人民共和国公司法》 （以下简称"《公司法》"）、 《上市公司股东会规则》（以下简称"《股东会规则》"）等法律、法规和其他 规范性文件以及《上海凯众材料科技股份有限公司章程》（以下简称"《公司章 程》"）的有关规定，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本次股东大会的相关资 料，包括但不限于公司召开 2025 年第一次临时股东大会的通知、公司 2025 年第 一次临时股东大会的议程、议案及决议等文件资料，同时听取了公司董事会秘书 就有关事实的陈述和说明。公司已向本所作出保证和承诺，保证公司向本所提 ...

证券代码：603037 证券简称：凯众股份 公告编号：2025-045 上海凯众材料科技股份有限公司 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：2025 年 08 月 28 日 (二)股东大会召开的地点：上海市浦东新区建业路 813 号公司会议室 (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： 份总数的比例（%） 40.3635 (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。 本次股东大会由董事会召集，董事长杨建刚先生主持，会议采用现场投票与网络 投票相结合的表决方式进行表决。本次会议的召集、召开符合《公司法》《公司 章程》《公司股东大会议事规则》等法律、法规和规范性文件的规定。 (五)公司董事、监事和董事会秘书的出席情况 二、 议案审议情况 (一)非累积投票议案 审议结果：通过 表决情况： 股东类型 同意 反对 弃权 票数 比例（%） 票数 比例（%） 票数 比例（%） A股 ...

证券日报网讯 8月29日晚间，凯众股份发布公告称，2025年半年度公司实现营业收入349，133，564.71 元，同比增长0.89%；归属于上市公司股东的净利润为37，788，501.62元，同比下降15.20%。 （编辑 何成浩） ...

智通财经APP讯，凯众股份(603037.SH)披露2025年半年度报告，报告期公司实现营收3.49亿元，同比增 长0.89%;归母净利润3779万元，同比下降15.2%;扣非净利润3031万元，同比下降21.89%;基本每股收益 0.14元。 ...

证券日报网讯 8月29日晚间，凯众股份发布公告称，公司第四届监事会第二十五次会议审议通过了《关 于公司2025年半年度报告及报告摘要的议案》。 （文章来源：证券日报） ...

证券日报网讯 8月29日晚间，凯众股份发布公告称，公司第四届董事会第二十六次会议审议通过了《关 于公司2025年半年度报告及报告摘要的议案》。 （文章来源：证券日报） ...