8月15日，江瀚新材（603281）在披露的投资者关系活动记录表中透露，目前受制于整体经济情况，短 期负面影响持续显现，功能性硅烷行业企业亏损或停产的情形普遍出现。当前的不利形势不会一直持 续，根据经济和产业发展的规律，功能性硅烷行业终将重回增长期。 江瀚新材直言，公司从未打价格战，也没有多余的产能打价格战。功能性硅烷行业最终要靠产业链完整 性、产品技术含量和质量等优势得到发展。国内同行被淘汰的主要原因有产业链不完整、脱实向虚搞贸 易、安全环保不到位等。 相比同行，江瀚新材认为，公司产业链完整，产品技术含量高，高附加值产品多。同时资源利用水平 高，将有效成分充分开发为产品，并实现氯元素循环，降低了废弃物处置成本、盐酸外运费用。此外， 劳动生产率更高，公司人均产销量、营收、利润均高于同行。 江瀚新材介绍，公司的产品线分为两类，一类常规产品做规模摊薄成本费用，一类非常规产品在高端领 域赚取利润，如公司一直在开发的高纯度电子产品。目前，公司高端产品约占销售额的15%左右，利润 贡献超过50%。 "总体而言，功能性硅烷的需求空间很大。"江瀚新材举例称，以光伏为例，中国的光伏发电占到三分之 一，如果其他国家都能达到这个 ...

Core Points - Jianghan New Materials (江瀚新材) reported a closing price of 25.29 yuan as of August 12, 2025, with a decrease of 0.28% [1] - The company experienced a net outflow of main funds amounting to 10.76 million yuan, representing 26.57% of the transaction amount [1] - The latest quarterly report shows total revenue of 492 million yuan, a year-on-year decrease of 16.20%, and a net profit attributable to shareholders of 96.60 million yuan, down 37.39% year-on-year [1] Financial Performance - Total revenue for the first quarter of 2025 was 492 million yuan, reflecting a 16.20% decrease compared to the previous year [1] - Net profit attributable to shareholders was 96.60 million yuan, a decline of 37.39% year-on-year [1] - The company's current ratio is 11.024, quick ratio is 10.575, and debt-to-asset ratio is 8.74% [1] Company Overview - Jianghan New Materials Co., Ltd. was established in 1998 and is located in Jingzhou, primarily engaged in the manufacturing of chemical raw materials and products [2] - The company has a registered capital of 3.73 billion yuan and a paid-in capital of 1.22 billion yuan [1] - The legal representative of the company is Gan Shuguan [1] Investment and Intellectual Property - The company has made investments in 2 external enterprises and participated in 33 bidding projects [2] - Jianghan New Materials holds 2 trademark registrations and 124 patents, along with 640 administrative licenses [2]

Core Insights - Glass microspheres exhibit significant competitive advantages in material applications compared to traditional materials, with widespread use in plastics, coatings, oil extraction, and aerospace [1][11] - The market demand for glass microspheres is continuously growing, driven by the transformation of traditional industries and the rapid development of emerging industries [1][11] Industry Overview - Glass microspheres are a new type of material developed from borosilicate raw materials, with a particle size of 10-250 microns and a wall thickness of 1-2 microns, offering lightweight, low thermal conductivity, high strength, and good chemical stability [2][10] - The market size of China's glass microsphere industry is projected to grow from 1.432 billion yuan in 2015 to 2.767 billion yuan in 2024, with a compound annual growth rate (CAGR) of 7.59% [1][11] - The hollow glass microsphere segment is expected to grow from 716 million yuan in 2015 to 1.522 billion yuan in 2024, with a CAGR of 8.74% [1][11] Industry Chain - The upstream of the glass microsphere industry includes raw materials such as quartz sand, limestone, feldspar, and soda ash, which are crucial for the supply and quality of glass microsphere production [3][6] - The midstream involves the manufacturing of glass microspheres, while the downstream applications include reflective materials, coatings, ceramics, rubber, plastics, filtration materials, oil extraction, and aerospace [3] Production and Demand - China's glass microsphere production is expected to increase from 85,200 tons in 2015 to 170,300 tons in 2024, with a CAGR of 8% [10] - The demand for glass microspheres is projected to rise from 101,600 tons in 2015 to 201,700 tons in 2024, with a CAGR of 7.92% [10] - Hollow glass microspheres are gaining traction, with production expected to grow from 21,300 tons in 2015 to 51,100 tons in 2024, and demand from 25,400 tons to 60,500 tons during the same period [10] Market Trends - The glass microsphere industry is gradually moving towards high-end applications, focusing on high refractive index, high wear resistance, and high purity to meet the needs of aerospace, precision optics, and 5G communications [23] - The industry is expected to diversify its applications into emerging markets such as renewable energy, biomedicine, and electronic packaging, while also developing functional microspheres [24] - Environmental sustainability is becoming a key focus, with efforts to optimize production processes, reduce energy consumption, and explore recycling technologies [25] Key Players - Major players in the global glass microsphere industry are concentrated in developed countries, with significant contributions from companies like 3M, Swarco, and Potters Industries [14] - In China, notable companies include China Steel Group, Wanda Glass Microspheres, and Langsheng Kaibo, which are rapidly expanding their production capabilities [14][17]

Group 1 - The company has successfully redeemed two cash management products amounting to 350 million RMB, with the principal and earnings returned to the designated fundraising account [1] - The company utilized a total of 2.33 billion RMB from the raised funds to purchase 14 cash management products, with 1.28 billion RMB recovered from 13 products and 50 million RMB still outstanding [2] Group 2 - The company initiated a share repurchase program proposed by its actual controller and chairman, aiming to buy back shares worth between 200 million to 400 million RMB, with a maximum price of 30 RMB per share [6] - As of July 30, 2025, the company has repurchased a total of 3.84 million shares, representing 1.03% of the total share capital, with a total expenditure of approximately 92.07 million RMB [7] - The repurchase program is in accordance with the established plan, and the company will continue to make repurchases based on market conditions while adhering to relevant regulations [8][9]

证券代码：603281 证券简称：江瀚新材 公告编号：2025-043 湖北江瀚新材料股份有限公司 关于回购股份比例达到 1%暨股份回购进展公告 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： | 回购方案首次披露日 | 2025/5/17，由实际控制人、董事长甘书官先生提 | | | | | | | --- | --- | --- | --- | --- | --- | --- | | | 议 | | | | | | | 回购方案实施期限 | 年 月 月 2025 5 5 | 29 | 日~2026 | 年 | 28 | 日 | | 预计回购金额 | 2亿元~4亿元 | | | | | | | 回购用途 | √减少注册资本 √用于员工持股计划或股权激励 □用于转换公司可转债 | | | | | | | | □为维护公司价值及股东权益 | | | | | | | 累计已回购股数 | 458.11万股 | | | | | | | 累计已回购股数占总股本比例 | 1.23% | | | | | | | 累计已回购金 ...

证券代码：603281 证券简称：江瀚新材 公告编号：2025-042 一、募集资金现金管理概述 公司于 2025 年 1 月 17 日召开第二届董事会第八次会议、第二届监事会第六 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》，同 意公司在确保不影响募集资金投资项目建设和使用的情况下，使用总额不超过人 民币 8 亿元（含本数，下同）的暂时闲置募集资金适时进行现金管理，自董事会 审议通过之日起 12 个月内有效。在该额度和期限内，资金可循环滚动使用。保 荐机构发表了同意意见。详见公司于 2025 年 1 月 21 日在上海证券交易所网站 （www.sse.com.cn）披露的《关于使用部分暂时闲置募集资金进行现金管理的公 告》。 二、募集资金现金管理进展情况 截至本公告披露之日，公司根据前述董事会决议使用募集资金购买现金管理 产品 14 笔、金额合计 23.3 亿元，其中：到期收回 13 笔，金额合计 22.8 亿元； 尚未到期 1 笔，金额合计 0.5 亿元。 单位：万元 | 序号 | 类型 | 投入金额 | 收回本金 | 收益 | 备注 | | --- | --- | --- | -- ...

证券代码：603281 证券简称：江瀚新材 公告编号：2025-041 | 3 | 银行理财产品 | 3,060 | 3,060 | 23.49 | | | --- | --- | --- | --- | --- | --- | | 4 | 银行理财产品 | 2,940 | 2,940 | 6.29 | | | 5 | 银行理财产品 | 20,000 | 20,000 | 76.19 | | | 6 | 银行理财产品 | 35,000 | 35,000 | 27.18 | | | 7 | 银行理财产品 | 35,000 | 35,000 | 61.85 | | | 8 | 银行理财产品 | 35,000 | 35,000 | 29.20 | | | 9 | 银行理财产品 | 15,000 | 15,000 | 22.78 | | | 10 | 银行理财产品 | 20,000 | 20,000 | 31.78 | | | 11 | 银行理财产品 | 20,000 | 20,000 | 9.51 | | | 12 | 银行理财产品 | 5,000 | - | - | 尚未到期 | | 13 | 银行理财产品 | ...

Core Viewpoint - The company, Jianghan New Materials Co., Ltd., has announced a cash dividend distribution plan for the fiscal year 2024, proposing a cash dividend of 1 yuan per share for all shareholders [1][2]. Dividend Distribution Plan - The cash dividend of 1 yuan per share is approved by the annual general meeting held on May 28, 2025 [1]. - The total number of shares eligible for the dividend distribution is 368,946,950 shares, resulting in a total cash dividend payout of 368,946,950 yuan (including tax) [1][2]. - The record date for shareholders is set for July 15, 2025, with the last trading day on July 16, 2025, and the ex-dividend date also on July 16, 2025 [1][2]. Taxation and Distribution Details - The company will not withhold individual income tax at the time of dividend distribution; instead, tax will be calculated based on the holding period when shares are sold [3][4]. - For shareholders holding shares for less than one month, the effective tax rate on dividends is 20%, while for those holding between one month and one year, the effective tax rate is 10% [4]. - Shareholders holding shares for over one year will not be subject to individual income tax on dividends [4]. - The actual cash dividend received by shareholders after tax will be 0.90 yuan per share for certain categories of shareholders, including those with limited sale conditions [4][5]. Implementation of Dividend Distribution - The cash dividends for unrestricted circulating shares will be distributed through the China Securities Depository and Clearing Corporation Limited, Shanghai Branch [2][3]. - Shareholders who have designated trading can receive their cash dividends on the distribution date, while those who have not will have their dividends held until they complete the designated trading [2][3].

中信证券股份有限公司 关于湖北江瀚新材料股份有限公司 差异化分红事项的核查意见 中信证券股份有限公司（以下简称"保荐人"）作为湖北江瀚新材料股份有限公司 （以下简称"公司"）的保荐人和持续督导机构，根据《中华人民共和国公司法》《中华 人民共和国证券法》《上海证券交易所上市公司自律监管指引第 7 号——回购股份》等 法律法规，对公司 2024 年度利润分配所涉及的差异化分红事项（以下简称"本次差异 化分红"）进行了核查，具体情况如下： 一、本次差异化分红的原因 公司于 2024 年 2 月 2 日召开第一届董事会第十九次会议，审议通过《关于以集中 竞价交易方式回购股份的议案》，同意公司使用自有资金 5,000-10,000 万元（上下限均 含本数）以不超过 23.50 元/股（含本数）价格回购股份，本次回购的期限为董事会审议 通过本次回购方案之日起不超过 3 个月。公司于 2024 年 4 月 15 日召开第二届董事会第 三次会议，审议通过《关于回购股份价格上限调整的议案》，同意将本次回购股份价格 上限由不超过人民币 23.50 元/股调整为不超过人民币 25.00 元/股。公司于 2024 年 4 月 30 ...

证 券 代 码 ： 6 0 3 2 8 1 证 券 简 称 ： 江 瀚 新 材 公 告 编 号 ： 2 0 2 5 - 0 4 0 湖北江瀚新材料股份有限公司 2024年年度权益分派实施公告 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： 每股分配比例 A 股每股现金红利1元 差异化分红送转： 是 一、 通过分配方案的股东会届次和日期 本次利润分配方案经公司2025 年 5 月 28 日的2024年年度股东大会审议通过。 二、 分配方案 相关日期 | 股份类别 | 股权登记日 | 最后交易日 | 除权（息）日 | 现金红利发放日 | | --- | --- | --- | --- | --- | | Ａ股 | 2025/7/15 | － | 2025/7/16 | 2025/7/16 | 根据上海证券交易所的相关规定，按照以下公式计算除权除息后开盘参考价： 除权（息）参考价格＝（前收盘价格－现金红利）÷（1＋流通股份变动比例） 根据公司 2024 年年度股东大会决议通过的权益分派方案，公司本次仅进行现金分红，不 ...