证券代码：603276 证券简称：恒兴新材 公告编号：2026-010 江苏恒兴新材料科技股份有限公司 关于部分闲置募集资金现金管理到期赎回 并继续进行现金管理的公告 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： 投资回报。 （二）资金来源 ● 履行的审议程序：江苏恒兴新材料科技股份有限公司（以下简称"公司"） 于 2025 年 8 月 26 日召开了第二届董事会第二十三次会议和第二届监事会第十八 次会议，审议通过了《关于使用部分暂时闲置募集资金进行现金管理的议案》。 ● 特别风险提示：公司拟开展现金管理的产品属于安全性高、流动性好、风 险低的投资品种，但不排除该项投资受到市场波动和业务操作等的影响产生投资 风险，敬请投资者注意投资风险。 公司本次进行现金管理的资金来源为部分暂时闲置募集资金。 一、部分闲置募集资金进行现金管理赎回情况 公司于 2025 年 7 月 12 日使用部分暂时闲置募集资金 1,500.00 万元购买了中 国银行股份有限公司宜兴分行结构性存款（公告编号：2025-043），截至目前公 ...

证券代码：603276 证券简称：恒兴新材 公告编号：2026-009 江苏恒兴新材料科技股份有限公司 关于更换持续督导保荐代表人的公告 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。 1 江苏恒兴新材料科技股份有限公司（以下简称"公司"）于近日收到持续督 导保荐机构国泰海通证券股份有限公司（以下简称"国泰海通"）出具的《关于 更换江苏恒兴新材料科技股份有限公司持续督导保荐代表人的函》。国泰海通作 为公司首次公开发行股票的保荐机构，指定夏静波先生、田昕女士为公司首次公 开发行股票项目的保荐代表人，负责保荐工作及持续督导工作，持续督导期至 2025 年 12 月 31 日。截至目前，持续督导期已届满，公司募集资金尚未使用完 毕，根据相关规定，国泰海通对此未尽事项继续履行持续督导义务。 现因夏静波先生工作变动，无法继续从事对公司的持续督导工作。为保证持 续督导工作的有序进行，国泰海通现委派保荐代表人王鹏程先生（简历详见附件） 接替夏静波先生继续履行持续督导工作。本次保荐代表人更换后，公司首次公开 发行股票项目的持续督导保荐代表人为 ...

Group 1 - The core point of the article is that Hengxing New Materials (603276) reported a total of 12,100 shareholders as of January 20, 2026 [1]

Core Viewpoint - The company, Jiangsu Hengxing New Material Technology Co., Ltd., forecasts a significant increase in net profit for the year 2025, with expectations of a rise between 65.28% to 90.05% compared to the previous year [2][4]. Group 1: Performance Forecast - The company anticipates a net profit attributable to shareholders of between 57.61 million to 66.24 million yuan for the year 2025, an increase of 22.75 million to 31.39 million yuan compared to the previous year [2][4]. - The expected net profit, excluding non-recurring gains and losses, is projected to be between 42.94 million to 51.57 million yuan, reflecting an increase of 20.34 million to 28.98 million yuan year-on-year [2][4]. Group 2: Previous Year’s Performance - In the previous year, the total profit was 41.31 million yuan, with a net profit attributable to shareholders of 34.85 million yuan, and a net profit excluding non-recurring gains and losses of 22.59 million yuan [6]. Group 3: Reasons for Performance Increase - The company has focused on solidifying its four production bases and has been actively expanding both domestic and international markets. This has led to improved capacity utilization and reduced unit costs [6]. - The demand in downstream markets, such as green herbicide intermediates and lithium battery electrolyte additives, remains strong, supported by favorable industry policies, providing significant growth opportunities for the company [6].

Core Viewpoint - Hengxing New Materials expects a significant increase in net profit for the year 2025, projecting a range of 57.61 million to 66.24 million yuan, which represents a year-on-year increase of 22.75 million to 31.39 million yuan, or an increase of 65.28% to 90.05% compared to the previous year [2] Group 1: Company Performance - The company is committed to its core business, enhancing capacity utilization and reducing unit costs [2] - The demand in downstream markets, such as green herbicide intermediates and lithium battery electrolyte additives, remains strong, contributing to increased production and sales volume [2] - The production scale effect is evident, driving a substantial improvement in performance [2]

Group 1: Profit Forecasts - Limin Co. expects a net profit of 465 million to 500 million yuan for 2025, representing a year-on-year increase of 471.55% to 514.57% [1] - Guohui Energy anticipates a net profit of 1.32 billion to 1.47 billion yuan for 2025, reflecting a decline of 50.03% to 55.13% year-on-year [2] - Jiajia Yue forecasts a net profit of 198 million to 228 million yuan for 2025, indicating a growth of 50.06% to 72.79% year-on-year [3] - Xianghe Industry projects a net profit of 120 million to 148 million yuan for 2025, with an expected increase of 59.17% to 96.31% year-on-year [4] - Aojie Technology predicts a net profit of 90 million to 120 million yuan for 2025, showing a growth of 228.34% to 337.79% year-on-year [14] - Shanghai Electric expects a net profit of 1.1 billion to 1.32 billion yuan for 2025, representing an increase of approximately 47% to 76% year-on-year [15] - Tianfu Communication anticipates a net profit of 1.881 billion to 2.15 billion yuan for 2025, reflecting a growth of 40% to 60% year-on-year [16] - Yichang Technology forecasts a net profit of 150 million to 225 million yuan for 2025, indicating a year-on-year increase of 58% to 138% [29] - Shanghai Yizhong expects a net profit of 60 million to 70 million yuan for 2025, representing a significant increase of 760.18% to 903.54% year-on-year [41] Group 2: Loss Forecasts - Kexin Electromechanical anticipates a net profit of 55 million to 70 million yuan for 2025, reflecting a decline of 58.65% to 67.51% year-on-year [11][12] - Kexin Technology expects a net loss of 900 million to 1.2 billion yuan for 2025, which is an increase in loss of 78.67% to 84% year-on-year [10] - Tianyang New Materials forecasts a net loss of 250 million to 180 million yuan for 2025, compared to a loss of 213 million yuan in the previous year [20] - Bo Rui Data anticipates a net loss of 90 million to 100 million yuan for 2025, which is an increase in loss of 15.17 million to 25.17 million yuan year-on-year [19] - Xinlian Integrated expects a net loss of 577 million yuan for 2025, which is a reduction in loss of approximately 40.02% compared to the previous year [40] - Fangshilong forecasts a net loss of 4 million to 6 million yuan for 2025 [30] Group 3: Strategic Developments - Lianlong signed a strategic framework agreement with Runyinglian to enhance the reliability and efficiency of the lubricant additive supply chain in China and the Asia-Pacific region [7] - Han Jian Heshan is planning to acquire a 52.51% stake in Liaoning Xingfu New Materials Co., Ltd., with stock suspension expected for up to 9 trading days [13] - Kai Zhong Precision plans to invest 116 million yuan in a technical transformation and expansion project to meet future capacity demands [34] - Tianfu Communication is expected to engage in clinical trials for its ABA001 injection, which has received approval from the National Medical Products Administration [17]

Core Viewpoint - The company expects a significant increase in net profit for the year 2025, projecting a range of 57.61 million to 66.24 million yuan, which represents a year-on-year increase of 22.75 million to 31.39 million yuan, or 65.28% to 90.05% [1] Group 1: Financial Performance - The anticipated net profit for 2025 is between 57.61 million and 66.24 million yuan, indicating a substantial increase compared to the previous year [1] - The increase in net profit is attributed to enhanced production capacity utilization and a decrease in unit costs [1] Group 2: Market and Industry Conditions - The company operates in sectors with strong market demand, such as green herbicide intermediates and lithium battery electrolyte additives, which provide ample growth opportunities [1] - Favorable industry policies are contributing to a positive environment for the company's growth [1] Group 3: Operational Strategy - The company focuses on solidifying its four production bases and expanding both domestic and international markets [1] - Continuous refined management and capacity optimization have led to improved production efficiency and scale effects [1]

Financial Projections - The company expects a net profit attributable to shareholders for 2025 to be between CNY 57.61 million and CNY 66.24 million, representing an increase of CNY 22.75 million to CNY 31.39 million compared to the previous year, which is a year-on-year increase of 65.28% to 90.05%[2] - The projected net profit after deducting non-recurring gains and losses for 2025 is estimated to be between CNY 42.94 million and CNY 51.57 million, an increase of CNY 20.34 million to CNY 28.98 million compared to the previous year, reflecting a year-on-year increase of 90.04% to 128.25%[5] - The previous year's net profit attributable to shareholders was CNY 34.85 million, with a total profit of CNY 41.31 million and a net profit after deducting non-recurring gains and losses of CNY 22.59 million[6] Business Strategy and Market Conditions - The company has focused on solidifying its four production bases and expanding both domestic and international markets, leading to improved capacity utilization and reduced unit costs[8] - The demand in downstream industries such as green herbicide intermediates and lithium battery electrolyte additives remains strong, providing a favorable policy environment for the company's growth[8] Performance Forecast Accuracy - The company emphasizes that there are no significant uncertainties affecting the accuracy of this performance forecast[9] - The data provided is preliminary and subject to final audited results in the official annual report for 2025[10]

Core Viewpoint - Hengxing New Materials is expected to achieve a significant increase in net profit for the year 2025, with projections indicating a growth of 65.28% to 90.05% compared to the previous year [1] Financial Performance - The estimated net profit attributable to shareholders for 2025 is projected to be between 57.61 million and 66.24 million yuan [1] - The estimated net profit after deducting non-recurring gains and losses is expected to be between 42.94 million and 51.57 million yuan, reflecting a year-on-year increase of 90.04% to 128.25% [1] Operational Strategy - The company focuses on solidifying its four production bases as a key priority [1] - Continuous expansion in both international and domestic markets, along with refined management and capacity optimization, has led to improved capacity utilization and reduced unit costs [1] Market Environment - The demand in downstream industries such as green herbicide intermediates and lithium battery electrolyte additives remains strong, supported by favorable industry policies [1] - The dual increase in production and sales, along with enhanced operational efficiency, has significantly boosted the company's performance for the year [1]

Core Viewpoint - Hengxing New Materials (603276.SH) expects a significant increase in net profit for the year 2025, indicating strong financial performance and growth potential for the company [1] Financial Performance - The company anticipates a net profit attributable to shareholders of the parent company ranging from 57.61 million to 66.24 million yuan for 2025, representing a year-on-year increase of 65.28% to 90.05% [1] - The expected net profit after deducting non-recurring gains and losses is projected to be between 42.94 million and 51.57 million yuan, reflecting a year-on-year growth of 90.04% to 128.25% [1]