（一）完整产业链的综合性优势 公司拥有十四个系列一百多种功能性硅烷产品，产品品种丰富，结构多元化，能够满足各个 领域不同客户的需求。公司现已建成从三氯氢硅到各种功能性硅烷的完整产业链，形成从原材料 到最终产品的完整绿色循环，从原材料端提升公司功能性硅烷产品的质量和自主程度，又节省原 材料运输成本，还降低了运输途中的安全环保风险。 （二）研发能力强 公司为国家高新技术企业，注重科技人才队伍的建设，通过不断完善创新管理和激励制度， 打造企业技术创新平台，先后吸引了归国博士在内的多名高科技人才的加盟，组建了一支高素质 创新研发技术团队。公司现设有技术部，分设产品研发部、工艺技术部和应用技术部，分别负责 新产品研发、工艺开发与维护、应用研发与新产品推广。公司拥有"湖北省功能性硅烷工程技术 研究中心"和"湖北省企业技术中心"2 个省级研发平台，并与武汉大学联合运营校企合作研发 平台 2 个。截至报告期末，公司拥有 60 项获权发明专利，另有 13 项申请中的发明专利。大量应 用自主知识产权的产品扩展了公司产品的应用范围，在多个细分领域给公司带来了超出常规产品 的利润，并规避了市场集中风险。 （三）质量领先 公司拥有完善 ...

Financial Performance - The company achieved operating revenue of 3.312 billion RMB, a year-on-year increase of 30.62%[49]. - Net profit reached 1.04 billion RMB, reflecting a year-on-year growth of 52.16%[49]. - Operating cash flow net amount was 1.322 billion RMB, up 189.88% compared to the previous year[49]. - Domestic sales of functional silane products were 44,800 tons, a 12.21% increase year-on-year, generating 1.384 billion RMB in revenue[49]. - Overseas revenue amounted to 1.916 billion RMB, a 35.56% increase year-on-year, despite a 2.83% decline in export volume[49]. - The company reported a total revenue of 1,270.93 million CNY for the year, with no changes in shareholding for key executives[199]. - The company's operating revenue for the current period is 331,172.57 million, representing a 30.62% increase compared to the previous year's 253,540.75 million[80]. - Operating costs increased by 20.71%, amounting to 189,796.33 million, up from 157,237.29 million in the previous year[80]. - The gross profit margin for functional silanes was 42.79%, an increase of 4.73 percentage points compared to the previous year[83]. - Revenue from functional silanes was 327,362.03 million, with a year-on-year increase of 30.29%[83]. Research and Development - R&D expenses totaled 117 million RMB, accounting for 3.5% of operating revenue, with 18 projects under research[49]. - The company applied for 6 invention patents and obtained 3 during the reporting period, totaling 60 granted patents[49]. - The company has a total of 116 R&D personnel, accounting for 12.34% of the total workforce[91]. - The total R&D investment for the period is 11,723.21 million RMB, representing 3.54% of operating revenue[111]. - The company is the largest investor in R&D within the domestic functional silane industry, with a high proportion of high-value-added products[53]. - The company is committed to enhancing R&D efforts for new products and processes, particularly in functional silanes for renewable energy applications[181]. Market and Sales - The company has established long-term strategic partnerships with major global clients, including the top ten tire manufacturers, distributing products to over 80 countries[53]. - The company has a planned production capacity of 6,000 tons/year for functional silane intermediates, with a year-on-year production increase of 19.60%[105]. - The company has established a complete functional silane industry chain with over 100 varieties, achieving significant market share in both domestic and international markets[53]. - The company maintains a high customer loyalty rate, with zero loss of key clients during the reporting period[53]. - The company is focusing on expanding its market share in the functional silane industry, which is expected to continue to grow in the coming years[157]. Financial Management - The company’s financial report received a standard unqualified audit opinion from Tianjian Accounting Firm[11]. - The company emphasizes the importance of accurate financial reporting and has ensured that its annual report is free from false statements or omissions[10]. - The company’s financial expenses showed a significant decrease of 726.13%, resulting in -10,833.02 million compared to 1,730.15 million in the previous year[80]. - The company reported a significant increase in retained earnings to 167,622.93 million, which is 56.86% of total assets, reflecting a 163.21% increase due to improved operating performance[115]. - The company’s approach to investment loss recognition includes adjustments to capital reserves and retained earnings as necessary[197]. Risks and Challenges - The company faces risks related to raw material price fluctuations, which could impact gross margins and profitability if costs cannot be passed on to customers[14]. - The company has identified potential risks in project implementation that could affect investment returns and net asset yield if not managed properly[14]. - The company faces capacity constraints that may hinder its ability to meet increasing market demand, impacting future competitiveness[53]. - The tightening monetary policies in developed economies have negatively impacted the functional silane industry, increasing production and consumption costs[51]. - The company operates in a capital and technology-intensive industry with significant entry barriers, but may face increased competition if market demand slows down[162]. - The company is subject to increasing environmental regulations, which may require additional investments in environmental protection equipment[162]. Corporate Governance - The company has a robust corporate governance structure, ensuring compliance with relevant laws and regulations[167]. - The company has established a strict confidentiality mechanism to protect its core technologies, which are critical to its competitive advantage[162]. - The company has not experienced any changes in shareholding for its executives, indicating stability in management[199]. - The company’s independent directors received a nominal remuneration of 15.00 million CNY each, reflecting a consistent compensation structure[199]. Production and Capacity - The company achieved a capacity utilization rate of 96.88% for functional silane production[49]. - The newly completed 60,000-ton trichlorosilane project has improved production efficiency and reduced costs through chlorine element recycling[123]. - The annual production capacity of the trichlorosilane project has been completed, increasing the capacity by 60,000 tons per year[146]. - The company plans to add 5,000 tons each of three new silane products in 2023, including 3-aminopropyl triethoxysilane and 3-(2,3-epoxypropoxy) propyl trimethoxysilane[146]. Environmental and Safety - The company has implemented a comprehensive safety production and environmental protection system, investing in facilities to meet stringent safety and environmental regulations[53]. - The company has not reported any significant safety production accidents or major environmental violations during the reporting period[151]. - The company has engaged in foreign exchange derivative transactions to hedge against RMB appreciation risks, locking in expected USD revenue exchange rates[134].

首次公开发行 A 股股票上市公告书 保荐机构（主承销商） 股票简称：江瀚新材 股票代码：603281 湖北江瀚新材料股份有限公司 Hubei Jianghan New Materials Co.,Ltd. （湖北省荆州市沙市经济开发区群力大道 36 号） 2 第一节 重要声明与提示 本公司及全体董事、监事、高级管理人员保证上市公告书所披露信息的真实、 准确、完整，承诺上市公告书不存在虚假记载、误导性陈述或重大遗漏，并承担 个别和连带的法律责任。 广东省深圳市福田区中心三路 8 号卓越时代广场（二期）北座 二零二三年一月 1 特别提示 湖北江瀚新材料股份有限公司（以下简称"江瀚新材"、"本公司"或"公 司"）股票将于 2023 年 1 月 31 日在上海证券交易所上市。本公司提醒投资者应 充分了解股票市场风险及本公司披露的风险因素，在新股上市初期切忌盲目跟风 "炒新"，应当审慎决策、理性投资。 上海证券交易所、其他政府机关对本公司股票上市及有关事项的意见，均不 表明对本公司的任何保证。 本公司提醒广大投资者注意，凡本上市公告书未涉及的有关内容，请投资者 查阅刊载于上海证券交易所网站（http://www.sse ...

湖北江瀚新材料股份有限公司（以下简称"发行人"）首次公开发行人民币普 通股（A 股）（以下简称"本次发行"）的申请已获中国证券监督管理委员会核准， 本次发行的保荐机构（主承销商）为中信证券股份有限公司（以下简称"中信证 券"、"保荐机构（主承销商）"）。 发行人的股票简称为"江瀚新材"，股票代码为"603281"。 本次发行采用网下向符合条件的投资者询价配售（以下简称"网下发行"） 和网上向持有上海市场非限售 A 股股份和非限售存托凭证一定市值的社会公众 投资者定价发行（以下简称"网上发行"）相结合的方式进行。 湖北江瀚新材料股份有限公司 首次公开发行股票发行结果公告 保荐机构（主承销商）:中信证券股份有限公司 发行人和保荐机构（主承销商）综合考虑发行人基本面、所处行业、可比上 市公司估值水平、市场情况、募集资金需求及承销风险等因素，协商确定本次发 行价格为 35.59 元/股，发行数量为 66,666,667 股。 回拨机制启动前，网下初始发行数量为 40,000,667 股，约占本次发行总量的 60.00%；网上初始发行数量为 26,666,000 股，约占本次发行总量的 40.00%。回 拨机制启动后， ...

湖北江瀚新材料股份有限公司 Hubei Jianghan New Materials Co.,Ltd. 首次公开发行A股股票招股说明书 保荐机构（主承销商） （湖北省荆州市沙市经济开发区群力大道36号） 广东省深圳市福田区中心三路 8 号卓越时代广场（二期）北座 湖北江瀚新材料股份有限公司 首次公开发行股票招股说明书 本次发行概况 | 发行股票类型 | 人民币普通股（A 股） | | | --- | --- | --- | | 发行股数 | 6,666.6667 万股 | | | 每股面值 | 人民币 元 1.00 | | | 每股发行价格 | 35.59 元 | | | 发行日期 | 2023 年 1 月 13 | 日 | | 拟上市的证券交易所 | 上海证券交易所 | | | 发行后总股本 | 26,666.6667 万股 | | 一、发行数量及发行主体 本次由公司公开发行人民币普通股 6,666.6667 万股，公司股东不公开发售股 份，公开发行股票的总量占公司发行后总股本的比例为 25%。 公司本次公开发行股票所募集资金全部用于与公司主营业务相关的投资项 目和补充流动资金等一般用途。 二、本次发行前股 ...

湖北江瀚新材料股份有限公司 Hubei Jianghan New Materials Co.,Ltd. 首次公开发行A股股票招股说明书摘要 保荐机构（主承销商） 1 （湖北省荆州市沙市经济开发区群力大道36号） 广东省深圳市福田区中心三路 8 号卓越时代广场（二期）北座 湖北江瀚新材料股份有限公司 招股说明书摘要 本次发行概况 | 发行股票类型 | 人民币普通股（A 股） | | | | | --- | --- | --- | --- | --- | | 发行股数 | 6,666.6667 | | 万股 | | | 每股面值 | 人民币 1.00 | | 元 | | | 每股发行价格 | 35.59 | 元 | | | | 发行日期 | 年 月 2023 | 1 | 13 | 日 | | 拟上市的证券交易所 | 上海证券交易所 | | | | | 发行后总股本 | 26,666.6667 | | 万股 | | 一、发行数量及发行主体 本次由公司公开发行人民币普通股 6,666.6667 万股，公司股东不公开发售股 份，公开发行股票的总量占公司发行后总股本的比例为 25%。 公司本次公开发行股票所募集资金全部用 ...

湖北江瀚新材料股份有限公司 Hubei Jianghan New Materials Co.,Ltd. （湖北省荆州市沙市经济开发区群力大道36号） 首次公开发行A股股票招股意向书 保荐机构（主承销商） 广东省深圳市福田区中心三路 8 号卓越时代广场（二期）北座 湖北江瀚新材料股份有限公司 招股意向书 本次发行概况 | 发行股票类型 | 人民币普通股（A 股） | | | --- | --- | --- | | 拟发行股数 | 万股 6,666.6667 | | | 每股面值 | 人民币 1.00 元 | | | 每股发行价格 | 【●】元 | | | 预计发行日期 | 年 月 日 2023 13 | 1 | | 拟上市的证券交易所 | 上海证券交易所 | | | 发行后总股本 | 万股 26,666.6667 | | 一、发行数量及发行主体 本次拟由公司公开发行人民币普通股 6,666.6667 万股，公司股东不公开发售 股份，公开发行股票的总量占公司发行后总股本的比例为 25%。 公司本次公开发行股票所募集资金全部用于与公司主营业务相关的投资项 目和补充流动资金等一般用途。 二、本次发行前股东对所持股份的 ...

湖北江瀚新材料股份有限公司 Hubei Jianghan New Materials Co.,Ltd. （湖北省荆州市沙市经济开发区群力大道36号） 首次公开发行A股股票招股意向书 摘要 保荐机构（主承销商） 广东省深圳市福田区中心三路 8 号卓越时代广场（二期）北座 1 湖北江瀚新材料股份有限公司 招股意向书摘要 本次发行概况 | 发行股票类型 | 人民币普通股（A 股） | | | | --- | --- | --- | --- | | 拟发行股数 | 6,666.6667 | | 万股 | | 每股面值 | 人民币 1.00 | | 元 | | 每股发行价格 | 【●】元 | | | | 预计发行日期 | 2023 年 月 日 | 1 | 13 | | 拟上市的证券交易所 | 上海证券交易所 | | | | 发行后总股本 | 26,666.6667 | | 万股 | 一、发行数量及发行主体 本次拟由公司公开发行人民币普通股 6,666.6667 万股，公司股东不公开发售 股份，公开发行股票的总量占公司发行后总股本的比例为 25%。 公司本次公开发行股票所募集资金全部用于与公司主营业务相关的投资项 目和补 ...