关于因 2024 年度利润分配调整"华懋转债"转股价格 暨转股复牌的公告 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： | 证券代码：603306 | 证券简称：华懋科技 公告编号：2025-055 | | --- | --- | | 债券代码：113677 | 债券简称：华懋转债 | 华懋（厦门）新材料科技股份有限公司 证券停复牌情况：适用 因实施 2024 年度利润分配，引发华懋转债转股价格调整，本公司的可转债"华 懋转债"自权益分派公告披露前一交易日（2025 年 6 月 12 日）至权益分派股权登 记日（2025 年 6 月 20 日）期间停止转股，自除权除息日（2025 年 6 月 23 日）起 恢复转股,本公司的相关证券停复牌情况如下： | 证券代码 | 证券简称 | 停复牌类型 | 停牌起始日 | 停牌 期间 | 停牌终止日 | 复牌日 | | --- | --- | --- | --- | --- | --- | --- | | 113677 | 华懋转债 | 可转债转股复 | | | 202 ...

| 证券代码：603306 | 证券简称：华懋科技 公告编号：2025-056 | | --- | --- | | 债券代码：113677 | 债券简称：华懋转债 | 华懋（厦门）新材料科技股份有限公司 关于因 2024 年度利润分配调整发行股份及支付现金购买资 产并募集配套资金暨关联交易所涉价格的公告 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： 娟、王吉英、张开龙、曾华、龙江明、刘国东、高家荣合计持有的富创优越股东 富创贰号 99%出资份额，通过全资子公司华懋东阳以支付现金方式购买姚培欣持 有的富创贰号 1%出资份额；5、上市公司通过支付现金方式，购买翁金龙、龙江 明、程艳丽等 44 人合计持有的富创叁号 99%出资份额，通过全资子公司华懋东 阳以支付现金方式购买姚培欣持有的富创叁号 1%出资份额；6、向东阳华盛企业 管理合伙企业（有限合伙）（以下简称"东阳华盛"）发行股份募集配套资金。 具 体 内 容 详 见 公 司 于 2025 年 6 月 5 日 在 上 海 证 券 交 易 所 网 站 （http: ...

| 证券代码：603306 | 证券简称：华懋科技 公告编号：2025-053 | | --- | --- | | 债券代码：113677 | 债券简称：华懋转债 | 华懋（厦门）新材料科技股份有限公司 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0.095元 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 | 2025/6/20 | － | 2025/6/23 | 2025/6/23 | 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 19 日的2024年年度股东会审议通过。 二、 分配方案 1. 发放年度：2024年年度 2. 分派对象： 截至股权登记日下午上海证券交易所收市后，在中国证券登记结算有限责任 公司上海分公司（以下简称"中国结算上海分公司"）登记在册的 ...

Core Viewpoint - The article highlights the rampant insider trading in the A-share market, indicating that the frequency and audacity of such activities have reached unprecedented levels, overshadowing previous regulatory efforts [3][22]. Group 1: Instances of Pre-announcement Price Surge - Guokewi announced on June 6 its intention to acquire 94.366% of Zhongxin Ningbo's equity, leading to a 20% price surge on May 20, just before the announcement [5]. - Shangluo Electronics saw a 22.82% increase over four trading days prior to its announcement on June 4 regarding the acquisition of Guangzhou Ligong Technology [6]. - Bangji Technology's stock price surged on June 4 before announcing its acquisition plans [7]. - ST Jinbi experienced a 7.13% increase in the two trading days leading up to its announcement on June 4 regarding a share transfer [8]. - Huamao Technology's stock rose by 11.16% in the three trading days before its June 4 announcement of acquiring Shenzhen Fuchuang Youyue Technology [9]. Group 2: Long-term Price Increases Before Major Announcements - Honghui Fruits and Vegetables saw a 38.14% increase from April 1 to June 6, despite only a 2.97% rise on the announcement day [23]. - Maipu Medical's stock surged over 69.61% from April 7 to May 21, with significant increases noted before its announcement [23]. - Haitai Development's stock rose by 73.84% from April 7 to June 5, despite only a 1.73% increase on the announcement day [23]. - Feiyada's stock increased by 50.76% in May, with multiple days of over 9% gains leading up to its announcement on June 4 [23]. Group 3: Techniques of Insider Trading - The article discusses the strategy of creating false market signals to mislead investors, as seen in the case of Qunxing Toys, which experienced a sudden surge in trading volume before announcing a major asset restructuring [29]. - The practice of buying shares before creating favorable news is highlighted, with examples such as Diou Home, where the actual controller's shareholding was transferred to a related party [31]. - The article notes that insider trading is often concealed effectively, making it difficult for regulatory bodies to detect [34]. Group 4: Regulatory Challenges - The article emphasizes that even significant price increases do not necessarily trigger regulatory scrutiny, as companies can claim no insider information was leaked [36][38]. - Instances of companies reporting substantial price increases before announcements without facing consequences illustrate the challenges in enforcing regulations [40][41].

Overview - The automotive safety belt is a standard component in every vehicle, and the demand for automotive safety belts in China is continuously growing due to the steady increase in automobile production and sales, as well as the rising importance of automotive safety regulations [1][10] - In 2024, the sales revenue of China's automotive safety belt market is projected to reach 87.32 billion yuan, representing a year-on-year growth of 5.92%, with the automotive manufacturing market accounting for over 90% of this revenue [1][10] Market Policies - The Chinese government has issued several policies to support the development of the automotive parts industry, including those focused on enhancing manufacturing reliability and promoting high-quality development in the automotive sector [3][5] - These policies create a favorable environment for the growth of the automotive safety belt industry [3] Industry Chain - The automotive safety belt industry consists of upstream suppliers of raw materials (such as polyester and polypropylene), midstream manufacturers of safety belts, and downstream markets including automotive manufacturing and aftermarket services [6] Current Development - The automotive market in China has seen rapid growth, with production and sales figures for the first quarter of 2025 reaching 7.561 million and 7.47 million vehicles, respectively, indicating a year-on-year increase of 14.5% and 11.2% [8] - This growth in the automotive market provides significant opportunities for the automotive safety belt industry [8] Competitive Landscape - The automotive safety belt industry has high technical requirements and significant capital investment, resulting in high entry barriers and market concentration [12] - International brands like Autoliv and Bosch dominate the high-end market, while domestic companies such as Junsheng Electronics and Songyuan Safety are increasing their competitiveness through innovation [12][14] Representative Domestic Companies - Junsheng Electronics is a leading global automotive electronics and safety supplier, with projected total revenue of 55.86 billion yuan in 2024, of which 38.62 billion yuan comes from automotive safety systems [14][16] - Songyuan Safety is a prominent supplier of passive safety systems in China, with total revenue of 1.971 billion yuan in 2024, and 1.264 billion yuan from automotive safety belt assembly [16] Development Trends - Future trends indicate that safety belts will integrate with intelligent vehicle systems, enhancing safety features such as driver fatigue monitoring and collision warnings [18] - There is also a growing demand for lightweight materials to improve vehicle efficiency, particularly in the context of electric vehicles [18]

Investment Rating - The report maintains a "Strong Buy" rating for Huamao Technology (603306) [1] Core Views - The acquisition plan exceeds expectations, with Huamao Technology's major shareholder subscribing to supporting funds, demonstrating confidence in the company's performance [1] - The company plans to acquire the remaining equity of Fuchuang Youyue, increasing its ownership from 42.16% to 100% [1] - Fuchuang Youyue is expected to achieve a net profit of 0.78 billion yuan from January to April 2025 [1] Financial Summary - Total revenue projections for 2024A, 2025E, 2026E, and 2027E are 2,213 million, 2,908 million, 3,494 million, and 4,186 million yuan respectively, with year-on-year growth rates of 7.7%, 31.4%, 20.2%, and 19.8% [3] - Net profit attributable to the parent company is forecasted to be 277 million, 590 million, 748 million, and 934 million yuan for the same years, with growth rates of 14.6%, 112.7%, 26.8%, and 24.8% [3] - Earnings per share (EPS) are projected at 0.84, 1.79, 2.27, and 2.84 yuan for 2024A to 2027E [3] - The target price is set at 51.28 yuan, with the current price at 40.15 yuan [4] Business Insights - The company is positioned as a leader in the domestic automotive passive safety market, with significant overseas expansion plans [8] - The global airbag market exceeds 10 billion USD, and the increasing configuration rate of airbags per vehicle is expected to drive market growth [8] - The company has established a new base in Vietnam, which is expected to contribute significantly to revenue starting in 2025 [8] - The company is actively investing in the AI sector, with plans to enhance its capabilities in semiconductor and computing power manufacturing [8]

债券代码：113677 债券简称：华懋转债 证券代码：603306 证券简称：华懋科技 公告编号：2025-052 华懋（厦门）新材料科技股份有限公司 关于实施 2024 年度权益分派时"华懋转债"停止转股 暨转股价格调整的提示性公告 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： 授权的公告》（公告编号：2025-021）。 公司 2024 年度利润分配方案已经 2025 年 5 月 19 日召开的 2024 年年度股东 会审议通过，具体详见公司于上海证券交易所网站（www.sse.com.cn）披露的《华 懋科技 2024 年年度股东会决议公告》（公告编号：2025-038）。 本次权益分派方案实施后，将根据《华懋（厦门）新材料科技股份有限公司 向不特定对象发行可转换公司债券募集说明书》的发行条款及相关规定，对可转 债当期转股价格进行调整。 二、本次权益分派方案实施时停止转股的安排 公司将于 2025 年 6 月 13 日在上海证券交易所网站（www.sse.com.cn）发布权 益分派实施公告和可转债转股 ...

| 证券代码：603306 | 证券简称：华懋科技 | 公告编号：2025-052 | | --- | --- | --- | | 债券代码：113677 | 债券简称：华懋转债 | | 华懋（厦门）新材料科技股份有限公司 关于实施 2024 年度权益分派时"华懋转债"停止转股 暨转股价格调整的提示性公告 因实施 2024 年度权益分派,本公司的相关证券停复牌情况如下： | 证券代码 | 证券简称 | 停复牌类型 | 停牌起始日 | 停牌期间 | 停牌终止日 | 复牌日 | | --- | --- | --- | --- | --- | --- | --- | | 113677 | 华懋转债 | 可转债转股停牌 | 2025/6/12 | | | | 自本次权益分派公告前一交易日（2025 年 6 月 12 日）至权益分派股权登记日 期间，"华懋转债"将停止转股。 一、权益分派方案的基本情况 华懋（厦门）新材料科技股份有限公司（以下简称"本公司"或"公司"）2024 年度利润分配方案为：以实施权益分派股权登记日总股本扣除公司回购专用证券 账户中的股份为基数，每股派发现金红利 0.095 元（含税），不送红股， ...

Investment Rating - The report maintains a "Strong Buy" rating for Huamao Technology (603306) [1] Core Views - The acquisition plan exceeds expectations, with Huamao Technology's major shareholder subscribing to supporting funds, demonstrating confidence in the company's performance [1] - The company plans to acquire the remaining equity of Fuchuang Youyue, increasing its stake from 42.16% to 100%, with expected net profit of 0.78 billion yuan from Fuchuang Youyue in the first four months of 2025 [1] - The company is actively expanding its presence in the automotive passive safety market and accelerating overseas expansion, with significant revenue contributions expected from its new manufacturing base in Vietnam [8] Financial Summary - Total revenue is projected to grow from 2,213 million yuan in 2024 to 4,186 million yuan in 2027, with a compound annual growth rate (CAGR) of 19.8% [3] - Net profit attributable to the parent company is expected to increase from 277 million yuan in 2024 to 934 million yuan in 2027, reflecting a CAGR of 24.8% [3] - Earnings per share (EPS) is forecasted to rise from 0.84 yuan in 2024 to 2.84 yuan in 2027 [3] - The target price for the stock is set at 51.28 yuan, indicating a potential upside from the current price of 40.15 yuan [4] Business Outlook - The company is positioned as a leader in the domestic automotive passive safety sector, with plans to leverage its overseas production capacity to capture more market share [8] - The report highlights the growing demand for AI-related infrastructure, with Huamao Technology's acquisition of Fuchuang Youyue aimed at establishing a second growth curve in the AI sector [8] - The company is expected to continue investing in semiconductor and computing manufacturing, enhancing its competitive edge in the market [8]

证券代码：603306 证券简称：华懋科技 公告编号：2025-051 债券代码：113677 债券简称：华懋转债 华懋（厦门）新材料科技股份有限公司 关于 2021 年股票期权激励计划预留授予股票期权第三个行 权期限制行权期间的提示性公告 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。 根据《上市公司股权激励管理办法》《上海证券交易所上市公司自律监管指 南第 2 号—业务办理》《华懋（厦门）新材料科技股份有限公司 2021 年股票期 权激励计划（修订稿）》及中国证券登记结算有限责任公司上海分公司关于股票 期权自主行权的相关规定，并结合华懋（厦门）新材料科技股份有限公司（以下 简称"公司"）2024 年度利润分配实施计划，现对公司 2021 年股票期权激励计 划预留授予股票期权第三个行权期限制行权期间（以下简称"本次限制行权期"） 公告如下： 一 、 公 司 2021 年 股 票 期 权 激 励 计 划 预 留 授 予 股 票 期 权 （ 期 权 代 码 ： 日。 二、本次限制行权期为 2025 年 6 月 10 日至 202 ...