保荐总结报告书 华泰联合证券有限责任公司 关于江阴江化微电子材料股份有限公司 2021 年度非公开发行股票之保荐总结报告书 | 保荐机构名称 | 华泰联合证券有限责任公司 | | --- | --- | | 保荐机构编号 | Z26774000 | 一、保荐机构及保荐代表人承诺 1、保荐总结报告书和证明文件及其相关资料的内容不存在虚假记载、误导 性陈述或重大遗漏，保荐机构及保荐代表人对其真实性、准确性、完整性承担法 律责任。 2、本机构及本人自愿接受中国证券监督管理委员会（以下简称"中国证监 会"）、上海证券交易所对保荐总结报告书相关事项进行的任何质询和调查。 3、本机构及本人自愿接受中国证监会按照《证券发行上市保荐业务管理办 法》的有关规定采取的监管措施。 二、保荐机构基本情况 | 情况 | 内容 | | --- | --- | | 保荐机构名称 | 华泰联合证券有限责任公司 | | 注册地址 | 深圳市前海深港合作区南山街道桂湾五路 128 号前海深港基金 | | | 小镇 栋 B7 401 | | 主要办公地址 | 上海市浦东新区东方路保利广场 E 座 20 楼 | | 法定代表人 | 江禹 | | 联 ...

证券代码：603078 证券简称：江化微 江阴江化微电子材料股份有限公司 投资者关系活动记录表 编号：2024-001 特定对象调研 分析师会议 媒体采访 业绩说明会 投资者关系活 新闻发布会 路演活动 动类别 现场参观 其他（请文字说明其他活动内容） 参与单位名称 线上参与公司2023年度业绩说明会的投资者 及人员姓名 2024年03月26日 10:00-11:00 时间 上证路演中心、价值在线网络互动 地点 董事长兼总经理 殷福华 上市公司接待 财务总监兼董事会秘书 费祝海 人员姓名 独立董事 承军 投资者关系活 公司于 2024 年 3 月 26 日（星期二）10:00-11:00 在上证路演中心（http:// 动主要内容介 roadshow.sseinfo.com/）及价值在线（www.ir-online.cn）召开2023年度业绩说明 绍 会，本次活动线上交流问答环节主要内容如下： 1、请问公司半导体业务进展？G5产品情况？ 答：尊敬的投资者你好，2023年江化微实现销售收入10.30亿元，其中半导 体实现销售收入4.9亿元，同比增加5.6%；目前已大批量供应国内的6寸、8寸 ...

江阴江化微电子材料股份有限公司2023年持续督导年度报告书 华泰联合证券有限责任公司 关于江阴江化微电子材料股份有限公司 2023 年持续督导年度报告书 | 序号 | 工作内容 | 完成持续督导情况 | | --- | --- | --- | | 1 | 建立健全并有效执行持续督导工作制度， | 保荐机构已建立健全并有效执行了 | | | 并针对具体的持续督导工作制定相应的工 | 持续督导制度，已根据公司的具体情 | | | 作计划。 | 况制定了相应的工作计划。 | | 2 | 根据中国证监会相关规定，在持续督导工 作开始前，与上市公司或相关当事人签署 | 保荐机构已与公司签订保荐协议，该 | | | | 协议已明确了双方在持续督导期间 | | | 持续督导协议，明确双方在持续督导期间 | 的权利义务，并报上海证券交易所备 | | | 的权利义务，并报上海证券交易所备案。 | 案。本持续督导期间，未发生对协议 | | | | 内容做出修改或终止协议的情况。 | | 3 | 通过日常沟通、定期回访、现场检查、尽 | 2023年度持续督导期间，保荐机构通 过日常沟通、定期或不定期回访、现 | | | 职调查等方 ...

Financial Performance - The company's operating revenue for 2023 reached ¥1,029,908,031.26, representing a 9.66% increase compared to ¥939,162,336.26 in 2022[21]. - The net profit attributable to shareholders was ¥105,250,804.55, a slight decrease of 0.46% from ¥105,736,766.11 in the previous year[21]. - The cash flow from operating activities increased by 18.91% to ¥145,602,604.53, up from ¥122,446,116.43 in 2022[21]. - Basic earnings per share decreased by 13.34% to ¥0.2729 from ¥0.3149 in 2022[22]. - The weighted average return on equity fell to 6.27%, down 3.41 percentage points from 9.68% in the previous year[22]. - The total assets at the end of 2023 were ¥2,707,392,295.83, a decrease of 6.12% from ¥2,883,982,317.59 at the end of 2022[21]. - The company reported a net profit of ¥26,808,458.87 in Q1 2023, with a total revenue of ¥225,871,619.21 for the same quarter[24]. - In Q2 2023, the net profit attributable to shareholders was ¥37,965,934.70, with revenue of ¥273,033,907.63[24]. Dividend Policy - The proposed profit distribution plan for 2023 includes a cash dividend of 0.85 CNY per 10 shares, totaling approximately 32.78 million CNY, which represents 31.14% of the net profit attributable to ordinary shareholders[5]. - The company does not plan to issue bonus shares or increase capital reserves through stock conversion this year[5]. - The cash dividend policy requires a minimum distribution of 80% for mature companies without significant capital expenditure plans[163]. - The company must conduct at least one profit distribution annually if it has positive distributable profits[164]. - The board of directors must consider the opinions of independent directors and minority shareholders when proposing profit distribution plans[165]. - The company ensures that dividends from subsidiaries are paid to it before distributing dividends to its shareholders[167]. Research and Development - The company emphasizes continuous R&D investment and innovation to meet market demands and enhance core competitiveness[33]. - In 2023, the company's R&D expenses amounted to 59.73 million yuan, accounting for 5.80% of sales revenue[51]. - The company has developed over 100 new products and technologies, achieving significant breakthroughs in various R&D projects, including high-end etching liquids and cleaning agents for semiconductors[50]. - The company has established long-term stable partnerships with major clients in the semiconductor, flat panel display, and solar energy sectors, including well-known enterprises such as Silan Microelectronics and BOE Technology Group[53]. - The company has a comprehensive R&D system and has collaborated with universities and research institutes to enhance its technological capabilities, including partnerships with Nanjing University and Jiangsu University[49]. Market Position and Strategy - The company specializes in the R&D, production, and sales of ultra-pure reagents and photoresist supporting agents, positioning itself as a leading player in the domestic wet electronic chemicals industry[43]. - The company plans to accelerate the construction of the Jianghua Micro Phase II project to expand market share and enhance industry competitiveness[34]. - The company is strategically positioned in the Yangtze River Delta, enhancing its ability to meet local customer demands quickly[55]. - The company plans to expand its high-end electronic chemicals OEM business to enhance profitability and technical capabilities[120]. - The company aims to become a leader in the international electronic chemical industry by focusing on high-purity wet electronic chemicals and enhancing comprehensive service capabilities[116]. Environmental Compliance - The company has received multiple environmental management system certifications, including ISO14001:2015, confirming compliance with environmental management standards[186][187]. - The company reported a treatment efficiency of over 90% for various waste gas treatment systems, ensuring compliance with emission standards[181]. - The company has achieved zero discharge in several wastewater treatment processes, indicating a strong commitment to environmental compliance[180]. - The company has implemented carbon reduction measures, including promoting information systems and reducing unnecessary electricity usage, although specific CO2 equivalent reduction figures were not provided[191]. - The company has established emergency response plans for environmental incidents, enhancing environmental risk management and response capabilities[187]. Governance and Management - The company strictly adheres to the requirements of the Company Law, Securities Law, and relevant regulations, ensuring a sound corporate governance structure and internal control system[126]. - The controlling shareholder, Zibo Xingheng Tusheng, has committed to maintaining the independence of Jianghua Micro's management and financial personnel, ensuring no dual roles or salary from other controlled entities[128]. - Jianghua Micro has established an independent financial department and accounting system, ensuring independent financial decision-making and tax compliance[129]. - The company has implemented a robust investor relations management system to protect the rights of investors, especially minority shareholders[127]. - The company has established a governance structure that allows for independent decision-making by its board and management[197]. Risks and Challenges - The company faces risks from macroeconomic fluctuations that could impact product demand and pricing, particularly in the context of a slowing domestic economy[121]. - The company is exposed to market competition risks as new entrants may increase pressure on pricing and customer retention in the wet electronic chemicals industry[121]. - The company’s operational performance may be affected by fluctuations in the prices of key raw materials, which are influenced by broader commodity market trends[122]. - The company has identified safety and environmental risks associated with the production of hazardous chemicals, which could impact operational stability[123]. - The company’s rapid growth necessitates a robust management structure to adapt to increased operational scale and complexity[124].

上 市 公 司 公 司 研 究 / 公 司 点 评 一年内股价与大盘对比走势： 《江化微（603078）点评： 超净高纯试剂 持续上量，高端产品强化行业竞争力，公司 前景可期》 2023/10/29 《江化微（603078）点评： Q2 业绩同环 比提升，需求回暖+新产能释放将推动业绩 高增》 2023/08/20 —— 价格下滑致业绩短期承压，静待新基地产能爬坡放量 请务必仔细阅读正文之后的各项信息披露与声明 证 券 研 究 报 告 | --- | --- | |---------------------------------------------------------------|-------------------------------| | | | | 基础数据 : | 2023 年 12 月 31 日 | | | | | 每股净资产（元） 资产负债率 % | 4.24 30.74 | | | | | 总股本 / 流通 A 股（百万） 流通 B 股/H 股（百万） | 386/331 -/- | 相关研究 宋涛 A0230516070001 songtao@swsresearch.com 联 ...

公 司 研 究 罗通（分析师） 刘天文（分析师） luotong@kysec.cn 证书编号：S0790522070002 liutianwen@kysec.cn 证书编号：S0790523110001 特别声明 开源证券在法律允许的情况下可参与、投资或持有本报告涉及的证券或进行证券交易，或向本报告涉及的公司提供 或争取提供包括投资银行业务在内的服务或业务支持。开源证券可能与本报告涉及的公司之间存在业务关系，并无 需事先或在获得业务关系后通知客户。 股价走势图 请务必参阅正文后面的信息披露和法律声明 1 / 4 公司信息更新报告 源证券 江化微（603078.SH） 2024 年 03 月 17 日 ——公司信息更新报告 | --- | --- | |-------------------------|------------| | 日期 | 2024/3/15 | | 当前股价 ( 元 ) | 14.07 | | 一年最高最低 ( 元 ) | 26.90/9.11 | | 总市值 ( 亿元 ) | 54.26 | | 流通市值 ( 亿元 ) | 46.60 | | 总股本 ( 亿股 ) | 3.86 | | ...

Financial Performance - The company's operating revenue for 2023 reached ¥1,029,908,031.26, representing a year-on-year increase of 9.66% compared to ¥939,162,336.26 in 2022[21]. - The net profit attributable to shareholders of the listed company was ¥105,250,804.55, a slight decrease of 0.46% from ¥105,736,766.11 in the previous year[21]. - The net cash flow from operating activities increased by 18.91% to ¥145,602,604.53, up from ¥122,446,116.43 in 2022[21]. - Basic earnings per share decreased by 13.34% to ¥0.2729, down from ¥0.3149 in 2022[22]. - The weighted average return on net assets was 6.27%, a decrease of 3.41 percentage points from 9.68% in the previous year[22]. - The total assets at the end of 2023 were ¥2,707,392,295.83, reflecting a decrease of 6.12% compared to ¥2,883,982,317.59 at the end of 2022[21]. - The net assets attributable to shareholders of the listed company were ¥1,635,438,601.52, a slight decrease of 0.20% from ¥1,638,778,906.76 in 2022[21]. - The company reported a quarterly revenue of ¥258,446,278.18 in Q4 2023, with a net profit of ¥6,730,402.88 for the same period[25]. - Non-recurring gains and losses amounted to ¥3,903,532.56 in 2023, compared to ¥6,011,892.16 in 2022[28]. Profit Distribution - The proposed profit distribution plan for 2023 includes a cash dividend of 0.85 CNY per 10 shares, totaling approximately 32.78 million CNY, which represents 31.14% of the net profit attributable to ordinary shareholders[5]. - The report indicates that the company will not issue bonus shares or increase capital reserves in 2023[5]. - The company must distribute profits at least once a year if it has positive distributable profits, with the board of directors proposing mid-term distributions based on profitability and funding needs[167]. - The company's profit distribution policy requires a minimum cash dividend ratio of 80% for mature companies without significant capital expenditure plans[163]. - The board of directors must consider the opinions of independent directors and minority shareholders when formulating profit distribution plans[164]. Corporate Governance - The company has implemented strict corporate governance practices to ensure compliance and protect shareholder rights[125]. - The company has established an independent financial department and accounting system to ensure financial independence[128]. - The total assets of the company are fully controlled by it, ensuring no illegal occupation by related parties[128]. - The company has committed to maintaining the independence of its management personnel, ensuring they do not hold positions in related entities[127]. - The company has established a dedicated investor relations management system to protect the rights of investors, especially small and medium-sized investors[126]. - The company has conducted multiple shareholder meetings, with the latest being on November 13, 2023[129]. - The company has a structured governance framework that allows independent decision-making by its board and management[129]. - The company has established a hotline for investor communication to address inquiries promptly[126]. Research and Development - The company is focused on continuous R&D investment to meet market demands and enhance core competitiveness[34]. - The company’s R&D expenses for 2023 amounted to CNY 59.73 million, representing 5.80% of total sales revenue[52]. - The company has developed over 100 new products and technologies, achieving significant breakthroughs in several projects, including high-end etching liquids and cleaning agents for semiconductors[51]. - The company has a total of 99 valid national patents, including 45 invention patents, indicating strong innovation capabilities[51]. - The company has established a long-term stable cooperation with Nanjing University and has a provincial-level postdoctoral innovation practice base to enhance its R&D strength[50]. Market Position and Strategy - The company operates in the microelectronics sector, focusing on high-purity chemical materials for semiconductor and display manufacturing[13]. - The company plans to enhance its market share and competitiveness by expanding its high-end market and increasing production capacity[35]. - The company aims to become a comprehensive supplier capable of providing integrated solutions based on customer production processes and technical requirements[49]. - The company has established stable partnerships with downstream customers to quickly respond to new product development needs[87]. - The company is strategically positioned in the Yangtze River Delta, allowing for rapid response to local customer needs[56]. Environmental Responsibility - The company invested 2.4481 million yuan in environmental protection during the reporting period[176]. - The company is classified as a key pollutant discharge unit, with various pollutants reported, including nitrogen oxides at 0.285 tons and non-methane total hydrocarbons at 0.269 tons[177]. - The company has established an environmental protection mechanism, indicating a commitment to sustainability[176]. - The company’s wastewater treatment facilities operated normally, with all treated wastewater meeting discharge standards[180]. - The company continues to invest in pollution control technologies to enhance treatment capabilities and reduce environmental footprint[181]. Risks and Challenges - The company faces macroeconomic risks that could impact product demand and pricing, with potential slowdowns in domestic economic growth[120]. - The company is exposed to risks from price fluctuations of key raw materials, which could affect production operations[121]. - The company operates in a competitive market with potential new entrants, which may impact pricing and profitability[120]. - The company relies on advanced technology and R&D capabilities, and any loss of technical leadership could adversely affect performance[122]. Operational Efficiency - The company has implemented a strict supplier selection process to ensure the quality and price of raw materials, typically engaging multiple qualified suppliers for key materials[47]. - The company’s production processes are designed to minimize pollution and energy consumption[88]. - The company has optimized its capacity structure, increasing the proportion of semiconductor capacity, which is more profitable, in response to market demand changes[93]. - The company has implemented measures to mitigate the impact of raw material price fluctuations by negotiating with suppliers to lock in lower prices[96]. Employee Management - The company’s training program focuses on enhancing employee skills and capabilities, with various training formats including onboarding, skill upgrades, and leadership development[160]. - The company has a total of 43 retired employees who require financial support, indicating a commitment to employee welfare[157]. - The company’s workforce includes 430 production staff, 151 technical personnel, and 37 sales staff, reflecting a diverse professional composition[157].

证券代码：603078 证券简称：江化微 公告编号：2024-011 江阴江化微电子材料股份有限公司 关于召开 2023 年度业绩说明会的公告 会议召开方式：上证路演中心网络互动 投资者可于 2024 年 03 月 19 日（星期二）至 03 月 25 日（星期一）16:00 前①登录上证路演中心网站首页点击 "提问预征集"栏目；②访问网址 https://eseb.cn/13HETvnfJLi 或使用微信扫描下方小程序码进行会前提问；③通过 公司邮箱 dmb@jianghuamem.com 进行提问。公司将在说明会上对投资者普遍关 注的问题进行回答。 江阴江化微电子材料股份有限公司（以下简称"公司"）已于 2024 年 03 月 16 日发布公司 2023 年度报告，为便于广大投资者更全面深入地了解公司 2023 年度 经营成果、财务状况，公司计划于 2024 年 03 月 26 日上午 10:00-11:00 举行 2023 年度业绩说明会，就投资者关心的问题进行交流。 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 ...

证券代码：603078 证券简称：江化微 公告编号：2024-010 江阴江化微电子材料股份有限公司 关于 2023 年度主要经营数据的公告 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《上海证券交易所上市公司自律监管指引第 3 号行业信息披露：第十三 号——化工》及《关于做好上市公司 2023 年年度报告披露工作的通知》等相关 要求，江阴江化微电子材料股份有限公司（以下简称"公司"）现将 2023 年度主 要经营数据披露如下： 二、主要产品和原材料的价格变动情况： 1、主要产品的价格变动情况（不含税） | 主要产品 | 2023 年度平均售价 | | 2022 年度平均售价 | 变动比例 | | --- | --- | --- | --- | --- | | | （元/吨） | | （元/吨） | （%） | | 超净高纯试剂 | | 6,445.02 | 6,695.64 | -3.74 | | 光刻胶配套试剂 | | 9,926.57 | 10,134.55 | -2.05 | 2、主要原材料的价格变动情况（不含 ...

江阴江化微电子材料股份有限公司 控股股东及其他关联方资金占用情况的 专项说明 大华核字[2024]0011001716 号 大 华 会 计 师 事 务 所 (特 殊 普 通 合 伙 ) DaHua Certified Public Accountants（Special General Partnership） 控股股东及其他关联方资金占用情况的专项说明 ( 截止 2023 年 12 月 31 日 ） 录 页 次 ity 1 控股股东及其他关联方资金占用情况的专项 1-2 说明 i í 江阴江化微电子材料股份有限公司 2023 年度 非经营性资金占用及其他关联资金往来情况 汇总表 您可使用手机"扫一扫"或进入"注册填下近明该审计报告是否付几线有规业许可的会计师事务所出现 您可使用手机"扫一扫"或进入"注册会计师行业线"监管平台（http://ac.gr.co.）"[ 江阴江化微电子材料股份有限公司 Hとす市海淀区西四五中路 16 号院 7 号楼 12 层 [100039] 由话:86 (10) 5835 0011 传真: 86 (10) 5835 0006 控 股 股 东 及 其 他 关 联 方 资 金 占 ...