证券代码：603078 证券简称：江化微 公告编号：2025-039 江阴江化微电子材料股份有限公司 关于召开 2025 年半年度业绩说明会的公告 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： 会议召开时间：2025 年 10 月 16 日（星期四）13:00-14:00 会 议 召 开 地 点 ： 上 海 证 券 交 易 所 上 证 路 演 中 心 （ 网 址 ： https://roadshow.sseinfo.com） 会议召开方式：上证路演中心网络互动 投资者可于 2025 年 10 月 09 日（星期四）至 10 月 15 日（星期三）16:00 前登录上证路演中心网站首页点击"提问预征集"栏目或通过公司邮箱 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 2025 年 08 月 23 日发布公司 2025 年半年度报告，为便于广大投资者更全面深入地了解公司 2025 年半年度经营成果、财务 ...

Company Overview - Jianghua Microelectronics Materials Co., Ltd. is located in Jiangyin City, Jiangsu Province, and was established on August 17, 2001. The company was listed on April 10, 2017. Its main business involves the research, production, and sales of ultra-pure reagents and photolithography supporting reagents among other wet electronic chemicals [2]. Stock Performance - As of September 17, Jianghua's stock price increased by 2.12%, reaching 20.27 CNY per share, with a total market capitalization of 7.817 billion CNY. The stock has risen by 21.74% year-to-date, with a 2.89% increase over the last five trading days, 2.68% over the last 20 days, and 11.87% over the last 60 days [1][2]. Financial Performance - For the first half of 2025, Jianghua reported a revenue of 580 million CNY, representing a year-on-year growth of 11.30%. However, the net profit attributable to shareholders decreased by 15.51% to approximately 48.07 million CNY [2]. Revenue Composition - The revenue composition of Jianghua is as follows: ultra-pure reagents account for 62.62%, photolithography supporting reagents for 34.69%, and other products for 2.70% [2]. Shareholder Information - As of June 30, 2025, Jianghua had 51,500 shareholders, a decrease of 20.31% from the previous period. The average number of circulating shares per person increased by 25.48% to 7,483 shares [2]. Dividend Distribution - Since its A-share listing, Jianghua has distributed a total of 177 million CNY in dividends, with 99.82 million CNY distributed over the past three years [3]. Institutional Holdings - As of June 30, 2025, the top ten circulating shareholders include the Guotai Zhongzheng Semiconductor Materials and Equipment Theme ETF, which holds 1.058 million shares as a new shareholder. Hong Kong Central Clearing Limited has exited the top ten circulating shareholders list [3].

Core Viewpoint - Jianghuai Microelectronics (603078.SH) announced that due to personal funding needs, Mr. Yao Wei, a director and senior executive of the company, plans to reduce his holdings of the company's shares between October 16, 2025, and January 15, 2026, by no more than 47,415 shares, which represents 0.0123% of the company's total share capital [1] Summary by Relevant Categories - **Share Reduction Plan** - Mr. Yao Wei intends to reduce his shareholding through centralized bidding or block trading methods [1] - The maximum number of shares to be reduced is 47,415 [1] - This reduction accounts for 0.0123% of the total share capital of Jianghuai Microelectronics [1]

Group 1 - Jianghua Micro (603078.SH) announced that due to personal funding needs, the company's director and senior executive Mr. Yao Wei plans to reduce his holdings of the company's shares [1] - The reduction will occur between October 16, 2025, and January 15, 2026, through centralized bidding or block trading [1] - The maximum number of shares to be reduced is 47,415 shares, which accounts for 0.0123% of the company's total share capital [1]

Core Viewpoint - Jianghuai Microelectronics (603078.SH) announced that due to personal funding needs, Mr. Yao Wei, a director and senior management personnel, plans to reduce his holdings in the company by up to 47,415 shares, representing 0.0123% of the total share capital, between October 16, 2025, and January 15, 2026 [1] Summary by Relevant Sections - **Share Reduction Plan**: Mr. Yao Wei intends to reduce his shareholding through centralized bidding or block trading, with the selling price determined by market conditions [1] - **Adjustment Clause**: If the company undergoes any capital changes such as dividend distribution or capital increase during the reduction period, the number of shares to be reduced will be adjusted accordingly [1]

证券代码：603078 证券简称：江化微 公告编号：2025-038 江阴江化微电子材料股份有限公司 大股东及董监高持股的基本情况 截至本公告披露日，江阴江化微电子材料股份有限公司（以下简称"公司"） 董事、副总经理姚玮先生持有本公司无限售条件流通股 189,662 股，占公司总股 本的 0.05%。股份来源为公司 IPO 前取得的股份及上市后以资本公积金转增股本 方式取得的股份。 减持计划的主要内容 董事、高级管理人员减持股份计划公告 本公司董事会、全体董事及相关股东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： 因个人资金需求，公司董事、高级管理人员姚玮先生拟于 2025 年 10 月 16 日至 2026 年 1 月 15 日期间以集中竞价或大宗交易方式减持所持有公司股份不超 过 47,415 股，占公司总股本比例的 0.0123%，减持价格按市场价格确定。若在减 持计划实施期间公司发生派发红利、转增股本等股本除权、除息事项的，将根据 股本变动对减持数量进行相应调整。 | 股东名称 | 姚玮 | | | | --- | --- ...

Core Viewpoint - The company Jianghua Micro announced that its Vice President Yao Wei plans to reduce his shareholding due to personal financial needs, indicating a potential shift in insider ownership dynamics [1] Summary by Relevant Sections - **Shareholding Details** - Yao Wei currently holds 189,700 shares, representing 0.05% of the company's total share capital [1] - **Reduction Plan** - Yao Wei intends to reduce his holdings by up to 47,415 shares, which accounts for 0.0123% of the total share capital, during the period from October 16, 2025, to January 15, 2026 [1] - **Method of Reduction** - The reduction will be executed through centralized bidding or block trading, with the selling price determined by market conditions [1] - **Source of Shares** - The shares to be sold were acquired prior to the IPO and through capital reserve conversion into share capital [1]

Group 1 - Jianghuai Microelectronics (江化微) reported a financing buy-in of 49.68 million yuan on September 12, with a net financing buy of 2.11 million yuan and a financing balance of 398 million yuan [1][2] - Over the past three trading days, Jianghuai Microelectronics has seen a cumulative net buy of 6.38 million yuan, with 11 out of the last 20 trading days showing net financing buy activity [1] - The financing balance increased by 0.53% compared to the previous day, indicating a positive trend in investor sentiment [3] Group 2 - The financing net buy on September 12 accounted for 5.12% of the company's circulating market value [2] - The financing balance on September 11 was 396 million yuan, with a net buy of 2.69 million yuan, reflecting a 0.68% increase [3] - The overall margin trading balance on September 12 was 398 million yuan, showing a consistent upward movement in recent trading days [3]

Investment Rating - The report maintains a "Recommended" rating for the chemical industry [1] Core Insights - The chemical industry in China is expected to undergo a revaluation due to anti-involution measures, which may lead to a significant slowdown in global chemical capacity expansion. This shift could enhance the cash flow and dividend yield of Chinese chemical companies, transforming them from cash-consuming entities to profit-generating ones [6][29] - The demand for chromium salts is anticipated to rise significantly due to increased orders for gas turbines and commercial aircraft engines in Europe and the US, leading to a projected shortfall of 250,000 tons by 2028, which is about 23% of the total annual production [6] - The report highlights four key investment opportunities: low-cost expansion, improving industry conditions, new materials, and high dividend yields from state-owned enterprises [7][8] Summary by Sections Recent Performance - The basic chemical sector has shown a performance increase of 51.0% over the past 12 months, compared to 42.5% for the CSI 300 index [4] Investment Recommendations - The report emphasizes the potential for low-cost expansion in major companies such as Wanhua Chemical, Hualu Hengsheng, and others, alongside sectors like tires and fertilizers [7] - It also points out the improving conditions in various segments, including chromium salts, phosphate rock, and agricultural chemicals [8] Key Products Analysis - Recent price increases were noted for acrylic acid and esters, with butyl acrylate priced at 7,600 RMB/ton, reflecting a 3.40% increase [10] - The report also mentions the price of polymer MDI in East China at 15,550 RMB/ton, up by 1.97% [10] Company Tracking and Earnings Forecast - The report provides a detailed earnings forecast for key companies, indicating a positive outlook for many, with several companies rated as "Buy" [30]

Core Viewpoint - Jiangyin Jianghua Microelectronics Materials Co., Ltd. announced a cash dividend distribution of 0.03 RMB per share for the first half of 2025, totaling approximately 11.57 million RMB [2][4]. Distribution Plan - The cash dividend of 0.03 RMB per share (before tax) will be distributed based on a total share capital of 385,637,248 shares [4]. - The distribution plan was approved at the annual general meeting on April 11, 2025, and subsequently confirmed by the board meeting on August 22, 2025 [2][3]. Distribution Implementation - The dividend will be distributed to all shareholders registered with the China Securities Depository and Clearing Corporation Limited, Shanghai Branch, as of the close of trading on the record date [3]. - The cash dividends will be distributed through the clearing system of the China Securities Depository and Clearing Corporation Limited, and shareholders who have completed designated transactions can collect their dividends on the payment date [5]. Taxation Details - For individual shareholders holding unrestricted circulating shares, dividends are subject to different tax treatments based on the holding period, with a maximum tax rate of 20% for shares held for less than one month [8]. - For shares held over one year, dividends are exempt from individual income tax [8]. - For qualified foreign institutional investors (QFII), a 10% withholding tax will apply, resulting in a net dividend of 0.027 RMB per share after tax [10].