证券代码：603124 证券简称：江南新材 公告编号：2025-044 江西江南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到期赎回并注销部分募集 资金现金管理产品专用结算账户的公告 | | 鹰潭四海支行 | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | | 4 | 中国工商银行 股份有限公司 | 大额存单 | 1,000.00 | 2025.9.5 | 2025.12.5 | 1,000.00 | 2.25 | | | 鹰潭四海支行 | | | | | | | | 5 | 中国工商银行 股份有限公司 | 大额存单 | 1,000.00 | 2025.9.5 | 2025.12.5 | 1,000.00 | 2.25 | | | 鹰潭四海支行 | | | | | | | 二、本次募集资金现金管理产品专用结算账户注销情况 截至本公告披露日，公司及子公司韩亚半导体在上述银行购买的现金管理产 品已到期，现金管理产品专用结算账户内资金已转回募集资金专项账户，鉴于上 述部分现金管理产品专用结算账户相关产品已到期赎回且无后续使用 ...

Group 1 - Jiangnan New Materials experienced a decline of 0.60% on December 1, with a trading volume of 87.24 million yuan [1] - The financing data for Jiangnan New Materials on December 1 showed a financing purchase amount of 6.09 million yuan and a financing repayment of 8.09 million yuan, resulting in a net financing outflow of 1.99 million yuan [1] - As of December 1, the total balance of margin trading for Jiangnan New Materials was 95.80 million yuan, accounting for 4.46% of its circulating market value [1] Group 2 - As of September 30, Jiangnan New Materials had 9,904 shareholders, a decrease of 60.29% compared to the previous period, while the average circulating shares per person increased by 156.98% to 2,950 shares [2] - For the period from January to September 2025, Jiangnan New Materials reported an operating income of 7.57 billion yuan and a net profit attributable to shareholders of 165 million yuan, reflecting a year-on-year growth of 21.95% [2] - The company has distributed a total of 53.93 million yuan in dividends since its A-share listing [2] Group 3 - The top ten circulating shareholders of Jiangnan New Materials as of September 30, 2025, included several new institutional investors, with Huaxia Industry Prosperity Mixed A being the largest shareholder, holding 1.63 million shares [2] - Other notable new shareholders included Huaxia Excellent Growth Mixed A and Manulife Renaissance Mixed A, holding 847,000 shares and 805,000 shares respectively [2]

Core Insights - The report from CICC indicates that AI-driven PCB products are upgrading towards high aspect ratio and multi-blind buried holes, leading to a surge in demand for copper powder consumables used in PCB electroplating, resulting in both volume and price increases that drive rapid profit growth in the industry, with strong long-term growth certainty and a short-term tight capacity situation indicating an upcoming boom cycle [1] Group 1 - AI PCBs are driving rapid profit growth in the copper powder processing industry, with copper balls and copper powder accounting for 6% and 13% of PCB costs respectively [2] - The thickness and layer count of AI PCBs are significantly increasing, with a geometric growth in the number of blind buried holes, leading to a rising trend in the proportion of copper powder used [2] - It is expected that by 2029, the proportion of PCB copper powder consumables in electroplating consumables will increase from the current 15% to over 27% [2] Group 2 - The industry is experiencing stable supply and rapidly growing demand, with signs of potential processing fee increases due to tight supply-demand dynamics before new capacities come online [2] - Japanese and Korean companies maintain a leading edge in product purity and particle size control in the copper powder sector, while domestic companies like Jiangnan New Materials and Taixing Smelting have capacities of 30,000 tons and 14,500 tons respectively [2] - New domestic production capacities exceeding 30,000 tons are expected to come online by the second half of 2026, but tight supply is anticipated until then [2] Group 3 - Project approval and qualification constraints lead to relatively long expansion cycles, with copper powder processing fees ranging from 8,400 to 10,400 yuan per ton [3] - The copper powder market is highly concentrated with few participants, and the main processing steps include smelting, ammonia evaporation, sintering, and powder screening [3] - The domestic equipment localization rate has significantly increased, but qualification approvals and expansion cycles may exceed one year [3]

Core Points - Jiangxi Jiangnan New Materials Technology Co., Ltd. has approved the use of up to RMB 300 million of idle raised funds for cash management, ensuring it does not affect project construction or normal operations [1] - The company’s subsidiary, Hanya Semiconductor Materials (Guixi) Co., Ltd., has redeemed government bond reverse repurchase products, returning the principal and earnings to the raised funds account [2] - As of the announcement date, the balance of cash management products using idle raised funds is RMB 160 million, with no overdue amounts [2] Group 1 - The board of directors and supervisors approved the cash management proposal on April 2, 2025 [1] - The cash management products include safe and liquid principal-protected financial products or deposit products [1] - The company has a total of RMB 22.3184 million in agreement deposits, which are available for withdrawal at any time [2]

证券代码：603124 证券简称：江南新材 公告编号：2025-043 二、暂时闲置募集资金现金管理总体情况 公司及子公司使用部分暂时闲置募集资金购买的现金管理产品不存在逾期 关于使用部分闲置募集资金进行现金管理到期赎回的公告 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。 江西江南新材料科技股份有限公司（以下简称"公司"）于 2025 年 4 月 2 日分别召开第二届董事会第十一次会议、第二届监事会第九次会议，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》，同意公司及子公司在不影 响募集资金投资项目建设和公司正常经营的情况下，使用最高不超过人民币 30,000 万元的部分闲置募集资金进行现金管理，购买安全性高、流动性好的保 本型理财产品或存款类产品（包括但不限于协定性存款、结构性存款、定期存款、 大额存单等），具体内容详见公司 2025 年 4 月 3 日刊登于上海证券交易所网站 （www.sse.com.cn）及公司指定信息披露媒体的《关于使用部分暂时闲置募集资 金进行现金管理的公告》(公告编号：2025-00 ...

江西江南新材料科技股份有限公司 证券代码：603124 证券简称：江南新材 公告编号：2025-042 关于召开 2025 年第三季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12月4日（星期四）16:00-17:00 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11月27日（星期四）至12月3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 zqb@jiangnancopper.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。 江西江南新材料科技股份有限公司（以下简称"公司"）已于 2025 年 10 月 30 日发布公司 2025 年第三季度报告，为便于广大投资者更全面深入地了解公 ...

Market Overview - The metal new materials sector experienced a decline of 4.48% on November 21, with Shenzhen Xinxing leading the drop [1] - The Shanghai Composite Index closed at 3834.89, down 2.45%, while the Shenzhen Component Index closed at 12538.07, down 3.41% [1] Stock Performance - Notable stock performances included: - Tunan Co., Ltd. (300855) closed at 27.24, up 0.52% with a trading volume of 103,300 shares and a turnover of 282 million yuan [1] - Shenzhen Xinxing (603978) closed at 31.42, down 10.00% with a trading volume of 289,700 shares and a turnover of 93.26 million yuan [2] - Other significant declines included Jiangnan New Materials (603124) down 7.24% and Platinum New Materials (300811) down 7.10% [2] Capital Flow - The metal new materials sector saw a net outflow of 776 million yuan from institutional investors, while retail investors had a net inflow of 825 million yuan [2] - The capital flow for specific stocks showed: - Tunan Co., Ltd. had a net inflow of 21.24 million yuan from institutional investors [3] - Shenzhen Xinxing experienced a net outflow of 68.27 million yuan from retail investors [3]

证券代码：603124 证券简称：江南新材 公告编号：2025-041 江西江南新材料科技股份有限公司 关于开立募集资金现金管理产品专用结算账户的公告 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。 江西江南新材料科技股份有限公司（以下简称"公司"）于 2025 年 4 月 2 日分别召开第二届董事会第十一次会议、第二届监事会第九次会议，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》，同意公司及子公司在不影 响募集资金投资项目建设和公司正常经营的情况下，使用最高不超过人民币 30,000 万元的部分闲置募集资金进行现金管理，购买安全性高、流动性好的保 本型理财产品或存款类产品（包括但不限于协定性存款、结构性存款、定期存款、 大额存单等），具体内容详见公司 2025 年 4 月 3 日刊登于上海证券交易所网站 （www.sse.com.cn）及公司指定信息披露媒体的《关于使用部分暂时闲置募集资 金进行现金管理的公告》(公告编号：2025-006)。 管理的结算，不会用于存放非募集资金或用作其他用途，公司将在现金管理到 ...

证券代码：603124 证券简称：江南新材 公告编号：2025-040 江西江南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到期赎回并注销部分募集 资金现金管理产品专用结算账户的公告 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。 江西江南新材料科技股份有限公司（以下简称"公司"）于 2025 年 4 月 2 日分别召开第二届董事会第十一次会议、第二届监事会第九次会议，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》，同意公司及子公司在不影 响募集资金投资项目建设和公司正常经营的情况下，使用最高不超过人民币 30,000 万元的部分闲置募集资金进行现金管理，购买安全性高、流动性好的保 本型理财产品或存款类产品（包括但不限于协定性存款、结构性存款、定期存款、 大额存单等），具体内容详见公司 2025 年 4 月 3 日刊登于上海证券交易所网站 （www.sse.com.cn）及公司指定信息披露媒体的《关于使用部分暂时闲置募集资 金进行现金管理的公告》(公告编号：2025-006)。 一、本次使用闲置募集 ...

Market Overview - The metal new materials sector experienced a decline of 0.67% on November 19, with Jiangnan New Materials leading the drop [1] - The Shanghai Composite Index closed at 3946.74, up 0.18%, while the Shenzhen Component Index closed at 13080.09, unchanged [1] Stock Performance - Notable gainers in the metal new materials sector included: - Alloy Investment (code: 000633) with a closing price of 8.55, up 3.14% and a trading volume of 1.1416 million shares, totaling 9.63 billion yuan [1] - Zhongke Magnetic (code: 301141) closed at 57.03, up 2.94% with a trading volume of 54,700 shares, totaling 3.14 billion yuan [1] - Jinli Permanent Magnet (code: 300748) closed at 35.32, up 2.32% with a trading volume of 403,700 shares, totaling 14.14 billion yuan [1] - Major decliners included: - Jiangnan New Materials (code: 603124) closed at 75.80, down 6.88% with a trading volume of 30,500 shares, totaling 2.37 billion yuan [2] - Shenzhen New Star (code: 603978) closed at 31.74, down 4.14% with a trading volume of 223,200 shares, totaling 7.19 billion yuan [2] - Chidao New Materials (code: 300930) closed at 31.17, down 3.77% with a trading volume of 19,500 shares, totaling 614.63 million yuan [2] Capital Flow - The metal new materials sector saw a net outflow of 121 million yuan from institutional investors, while retail investors contributed a net inflow of 155 million yuan [2] - Specific stock capital flows included: - Jinli Permanent Magnet had a net inflow of 14.7 million yuan from institutional investors, while retail investors saw a net outflow of 136 million yuan [3] - Zhongke Magnetic experienced a net inflow of 36.05 million yuan from institutional investors, with a net outflow of 3.375 million yuan from retail investors [3] - Other stocks like Dadi Bear (code: 688077) and Longmag Technology (code: 300835) also showed varied capital flows with net inflows and outflows from different investor types [3]