新亚强11月26日公告，公司股票价格2025年11月24日､11月25日､11月26日连续三个交易日收盘价格涨幅 偏离值累计达到20%，根据《上海证券交易所交易规则》的有关规定，属于股票交易异常波动情形。经 公司自查，目前生产经营情况正常，市场环境、行业政策没有发生重大变化，内部经营秩序正常，主营 业务未发生重大变化，基本面亦未发生重大变化。 ...

证券代码：603155 证券简称：新亚强 公告编号：2025-070 新亚强硅化学股份有限公司 关于股票交易异常波动的公告 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个别及连带责任。 重要内容提示： 新亚强硅化学股份有限公司（以下简称"公司"）股票价格于 2025 年 11 月 24 日、11 月 25 日、11 月 26 日连续三个交易日收盘价格涨幅偏离值累计达到 20%，根据《上海证券交易所交易规则》的有关规定，属于股票交易异常波动情 形。 经公司自查，并向控股股东及实际控制人核实，截至本公告披露日，除 在上海证券交易所网站及指定信息披露媒体上已公开披露的信息外，不存在应披 露而未披露的重大事项。 经自查，公司不存在可能或已经对上市公司股票交易价格产生影响的媒体报 道或市场传闻，不存在涉及热点概念事项。 公司董事会提醒广大投资者理性投资，注意投资风险。 一、股票交易异常波动的具体情况 公司股票价格 2025 年 11 月 24 日、11 月 25 日、11 月 26 日连续三个交易日 收盘价格涨幅偏离值累计达到 20%，根据《上 ...

Core Viewpoint - The stock price of XinYaqiang has experienced a significant fluctuation, with a cumulative increase of 20% over three consecutive trading days, prompting an announcement regarding abnormal trading conditions [1] Company Summary - The company conducted a self-examination and confirmed with its controlling shareholder and actual controller that, as of the announcement date, there are no undisclosed significant matters apart from the publicly disclosed control change information [1] - The company's production and operational status remain normal, with no significant changes in market environment or industry policies [1] - The main business and fundamentals of the company have not undergone significant changes [1] - There have been no media reports, market rumors, or trending concepts that could significantly impact the stock price, and there have been no recent stock trading activities by the company's directors, senior management, or controlling shareholders [1] Financial Performance - For the first three quarters of 2025, the company's operating revenue was 451 million yuan, a year-on-year decrease of 19.05% [1] - The net profit attributable to shareholders of the listed company was 78.85 million yuan, reflecting a year-on-year decline of 20.39% [1] - The company's latest static price-to-earnings (P/E) ratio is 49.76 times, and the rolling P/E ratio is 60.44 times, both significantly higher than the average level in the chemical raw materials and chemical products manufacturing industry, indicating potential investment risks due to high P/E ratios [1]

新亚强公告称，公司股票于2025年11月24 - 26日连续三个交易日收盘价格涨幅偏离值累计达20%，属异 常波动。经自查，公司生产经营正常，无应披露未披露重大事项，董事等相关人员无买卖公司股票情 况。2025年前三季度，公司营收4.51亿元，同比降19.05%，净利润7885.27万元，同比降20.39%。此 外，公司市盈率高于行业水平，提醒投资者注意业绩波动、市盈率较高等风险。 ...

Core Viewpoint - The control change of Xinyaqiang (603155.SH) has been finalized, with the state-owned Hancheng City Chengxin Equity Investment Fund acquiring a 29.9% stake for 1.96 billion yuan, marking a significant shift in the company's governance structure [1][2]. Group 1: Control Change Details - Xinyaqiang's controlling shareholder, Chu Lin, has signed a share transfer agreement with Chengxin Fund, which will pay the total amount in four installments [1]. - After the transfer, Chengxin Fund will become the largest shareholder, while Chu Lin and her brother will see their combined stake drop to 17.61%, losing control of the company [1][2]. - The actual controller will change to the State-owned Assets Supervision and Administration Commission of Hancheng City, integrating the company into the local state-owned asset regulatory system [1]. Group 2: Governance and Commitments - The transfer agreement includes multiple commitments to ensure operational stability, such as Chengxin Fund not transferring control for seven years and Chu Lin not seeking control for 18 months [2]. - The restructured board will consist of seven directors, with three independent directors, and both parties will have the right to nominate directors [2]. Group 3: Financial Performance - Xinyaqiang has faced declining performance over the past four years, with a continuous drop in net profit [3]. - Revenue figures from 2022 to 2024 show a downward trend, with revenues of 1.134 billion yuan, 675 million yuan, and 721 million yuan, reflecting changes of -28.82%, -40.44%, and 6.71% respectively [3]. - The net profit for the same period was 302 million yuan, 123 million yuan, and 114 million yuan, with year-on-year changes of -5.55%, -59.09%, and -7.36% [3]. - In the first three quarters of 2025, revenue decreased by 19.05% to 451 million yuan, and net profit fell by 20.39% to 79 million yuan, primarily due to declining product margins [3]. Group 4: Market Reaction - The market reacted positively to the news of state-owned capital entering the company, with Xinyaqiang's stock price hitting the daily limit on the announcement date and continuing to rise the following day [4]. - As of November 26, the stock closed at 19.82 yuan per share, indicating strong investor interest [4].

北京博星证券投资顾问有限公司 关于新亚强硅化学股份有限公司 详式权益变动报告书 之 财务顾问核查意见 财务顾问 二〇二五年十一月 | 第二节 | 序言 ····································································································5 | | | --- | --- | --- | | 第三节 | 财务顾问承诺与声明 ·············································································· | 6 | | | 一、财务顾问承诺 ······················································································· | 6 | | | 二、财务顾问声明 ······················································································· ...

分红方面，新亚强延续高分红传统，分别于2020年、2021年、2022年、2024年、2025年半年度分红，彰 显对股东回报的高度重视。 邯郸市国资委此次入主，并非简单的股权变更，而是基于对新亚强核心价值的深度认同与长期发展的战 略期许。城欣基金已明确承诺7年内不转让控制权，彰显了国有资本深耕产业、陪伴企业成长的决心。 未来，邯郸市国资委将依托自身产业资源，在产业链整合、新业务拓展、融资渠道优化等方面共同推动 公司在半导体材料、新能源助剂等高端领域实现更大突破，实现长久持续的发展。 （文章来源：证券日报） 新亚强自1992年成立以来，始终聚焦有机硅功能性助剂及特种单体的研发与生产，是国内首家打破国外 垄断的六甲基二硅氮烷生产商，产品矩阵覆盖甲基、乙烯基、苯基等高附加值领域。公司客户网络贯穿 全球头部企业，其电子级材料已深度切入半导体、平板显示及新能源产业链。 技术层面，截至目前，公司取得专利72项，高新技术产品4项，在国内率先实现直接法生产苯基氯硅 烷，建有目前国内唯一同时产出苯基三氯硅烷与二苯基二氯硅烷的直接法生产线。 截至2025年三季度末，公司资产合计23.87亿元，负债总额仅1.85亿元，资产负债率低 ...

Core Viewpoint - The company XinYaqiang (603155.SH) announced a significant change in its controlling shareholder, with the transfer of approximately 94.42 million shares from its current controlling shareholder, Chu Lin, to Handan City Chengxin Equity Investment Fund Partnership, marking a shift in control to the Handan State-owned Assets Supervision and Administration Commission [1][4]. Group 1: Share Transfer Details - Chu Lin signed a share transfer agreement on November 24, selling shares at a price of 20.76 CNY per share, totaling 1.96 billion CNY [1]. - After the transfer, the new controlling shareholder, Chengxin Fund, will hold 29.9% of the company's shares, while Chu Lin will retain 16.09% of the shares [2][3]. - The share transfer price represents a premium of approximately 15.2% over the closing price of 18.02 CNY on November 25, and a premium of about 26.74% over the closing price of 16.38 CNY on November 24 [2]. Group 2: Impact of Control Change - The company stated that the change in control will not affect its main business structure or daily operations, and it will maintain its independent governance and financial integrity [4]. - The Chengxin Fund, established on March 28, 2023, is managed by Shanghai Jincheng Equity Investment Fund Management Co., Ltd., and is committed to not transferring control for seven years and not transferring shares for 18 months post-transfer [4]. Group 3: Company Performance - XinYaqiang has experienced significant fluctuations in performance since its listing, with a continuous decline in net profit over the past three accounting years [5]. - For the first three quarters of this year, the company's revenue decreased by 19.05% to 451 million CNY, and net profit fell by 20.39% to 79 million CNY [5][6].

本次协议转让完成后，公司控股股东将由初琳变更为城欣基金，实际控制人将由初亚军、初琳变更 为邯郸市人民政府国有资产监督管理委员会。 前三季度，新亚强实现营业收入4.51亿元，同比下降19.05%；归属于上市公司股东的净利润0.79亿 元，同比下降20.39%；归属于上市公司股东的扣除非经常性损益的净利润0.53亿元，同比下降32.58%； 经营活动产生的现金流量净额0.31亿元，同比下降78.04%。 中国经济网北京11月26日讯 新亚强(603155.SH)昨晚披露关于控股股东协议转让公司股份暨控制权 发生变更的提示性公告。新亚强今日股价一字涨停，截至发稿上涨9.99%报19.82元。值得注意的是，昨 日新亚强股价已经涨停，涨幅10.01%报18.02元。 新亚强控股股东、实际控制人之一初琳于2025年11月24日与邯郸市城欣股权投资基金合伙企业（有 限合伙）（以下简称"城欣基金"）签署了《关于新亚强硅化学股份有限公司之股份转让协议》，约定初 琳将其持有的94,420,253股无限售条件流通股以20.76元/股的价格转让给城欣基金。根据双方对标的公 司估值的一致意见，双方同意，标的股份的转让对价总额为人民币1 ...

Core Viewpoint - The acquisition of controlling stake by Handan Municipal Government's State-owned Assets Supervision and Administration Commission (SASAC) in Xinyaqiang (603155.SH) signifies a strong recognition of the company's solid fundamentals and high-quality asset value, potentially serving as a model for state capital's strategic investment in high-end manufacturing and industrial upgrading [1] Group 1: Company Overview - Xinyaqiang has focused on the research and production of silicone functional additives and specialty monomers since its establishment in 1992, becoming the first domestic producer to break foreign monopolies in hexamethyldisilazane [2] - The company's product matrix includes high-value areas such as methyl, vinyl, and phenyl, with overseas market revenue accounting for 38.23%, establishing a stable profit base [2] - Xinyaqiang's electronic-grade materials are deeply integrated into the semiconductor, flat panel display, and new energy supply chains, making it a key player in the domestic substitution process [2] Group 2: Financial Health - As of the end of Q3 2025, Xinyaqiang reported total assets of 2.387 billion, with total liabilities of only 185 million, resulting in a low asset-liability ratio of 7.75%, significantly below the chemical industry average [3] - The company holds 1.597 billion in cash and trading financial assets, indicating a strong cash position that reduces operational risks and enhances strategic execution [3] - In 2024, Xinyaqiang achieved a net profit attributable to shareholders of 114 million, with basic earnings per share of 0.36, and a net operating cash flow of 169 million, reflecting a solid operational foundation [3] - The company maintains a high dividend tradition, with a payout ratio of 193% in 2024 and cumulative cash dividends of 446.6 million over the past three years, demonstrating a strong commitment to shareholder returns [3] Group 3: Strategic Collaboration - The entry of Handan SASAC is based on a deep recognition of Xinyaqiang's core value and long-term strategic expectations, with a commitment to not transfer control for seven years [4] - Handan SASAC aims to leverage its industrial resources to promote the company's growth in high-end fields such as semiconductor materials and new energy additives through industry chain integration, new business development, and financing channel optimization [4]