股票代码：603650 股票简称：彤程新材 编号：2026-011 彤程新材料集团股份有限公司 关于向香港联交所递交境外上市股份（H 股）发行并上 市申请并刊发申请资料的公告 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。 彤程新材料集团股份有限公司（以下简称"公司"）已于 2026 年 2 月 6 日向香 港联合交易所有限公司（以下简称"香港联交所"）递交了发行境外股份（H 股） 并在香港联交所主板挂牌上市（以下简称"本次发行并上市"）的申请，并于 2026 年 2 月 8 日在香港联交所网站刊登了本次发行并上市的申请资料。该申请资料为 公司按照香港证券及期货事务监察委员会（以下简称"香港证监会"）及香港联交 所的要求编制和刊发，为草拟版本，其所载内容可能会适时作出更新和变动。 联交所等相关监管机构、证券交易所的批准、核准或备案，该事项仍存在不确定 性。公司将根据该事项的进展情况及时履行信息披露义务，敬请广大投资者注意 投资风险。 特此公告。 中文： https://www1.hkexnews.hk/app/sehk/202 ...

格隆汇2月10日丨彤程新材(603650.SH)公布，公司已于2026年2月6日向香港联合交易所有限公司 （称"香港联交所"）递交了发行境外股份（H股）并在香港联交所主板挂牌上市（称"本次发行并上 市"）的申请，并于2026年2月8日在香港联交所网站刊登了本次发行并上市的申请资料。 ...

Group 1 - Lianqi Technology (澜起科技) debuted on the Hong Kong Stock Exchange on February 9, 2023, with a closing price of HKD 175 per share, marking a 63.72% increase on its first day of trading [1] - The company focuses on providing innovative, reliable, and high-efficiency interconnect solutions for cloud computing and AI infrastructure, with IPO proceeds aimed at R&D, commercialization, strategic investments, and general corporate purposes [1] - The strong market response reflects the company's technological barriers and the benefits of its sector, aligning with the demand for computing infrastructure upgrades [1] Group 2 - Tongcheng New Materials (彤程新材) has submitted a listing application to the Hong Kong Stock Exchange, with Cathay Pacific Securities as the exclusive sponsor [2] - The company is a leading comprehensive new materials service provider in China, focusing on advanced chemical products, including electronic materials and biodegradable materials [2] - The listing is expected to enhance R&D investment and global production capacity expansion, leveraging its first-mover advantage in domestic photolithography resin [2] Group 3 - China Nuclear International (中核国际) announced a positive earnings forecast, expecting revenue to reach at least HKD 2.46 billion and gross profit to increase to at least HKD 260 million in 2025 [3] - This represents a significant increase from the 2024 expected revenue of approximately HKD 1.841 billion and gross profit of HKD 234 million, driven by increased uranium trading volumes [3] - The company's growth is supported by its unique position within the China National Nuclear Corporation and the rigid demand from domestic nuclear power expansion [3] Group 4 - Hong Kong Telecommunications (香港电讯) reported a 5% year-on-year increase in total revenue for 2025, reaching HKD 36.553 billion [4] - EBITDA grew by 4% to HKD 14.234 billion, while profit attributable to shareholders increased by 4% to HKD 5.286 billion [4] - The steady growth is attributed to robust performance in 5G and data services, reinforcing its position as a leading utility provider in Hong Kong [4] Group 5 - The Hang Seng Index closed at 27,027.16, up 1.76% on February 9, 2023 [5] - The Hang Seng Tech Index rose by 1.34% to 5,417.60, while the Hang Seng Composite Index increased by 1.52% to 9,168.33 [5]

Group 1 - The chemical sector continues to rebound, with the Chemical ETF (516020) opening high and experiencing a maximum intraday increase of 1.79%, closing with a gain of 1.48% [1][7] - Key stocks in the sector include Zhejiang Longsheng, which surged by 9.5%, and Tongcheng New Materials, which rose by 4.86%, along with several others exceeding 3% gains [1][7] - The Chemical ETF tracks a specialized index that includes popular stocks in sectors like new energy, which are expected to benefit significantly from the ongoing growth in electric vehicle sales [9][10] Group 2 - According to Zhongyuan Securities, the ongoing anti-involution policies are expected to strengthen supply-side constraints in the industry, benefiting certain sub-sectors such as chlor-alkali, pesticides, and polyester filament [10] - Guohai Securities notes that the anti-involution measures may lead to a revaluation of the Chinese chemical industry, with potential for increased cash flow and dividend yields as capacity expansion slows [10] - The Chemical ETF (516020) is suggested as an efficient way to capitalize on the rebound in the chemical sector, covering themes like AI computing power and new energy [10][11] Group 3 - Recent data from the Ministry of Commerce indicates that as of February 5, 2026, there were 335,000 applications for the vehicle trade-in subsidy, driving new car sales to 53.77 billion yuan, which supports market development and resource recycling [8][9] - The average price of new cars participating in the trade-in program exceeded 160,000 yuan, showing a significant increase compared to the previous year, while the number of scrapped vehicles reached 659,000, a year-on-year increase of 50.2% [8][9]

证券代码：603650 证券简称：彤程新材 公告编号：2026-010 彤程新材料集团股份有限公司 关于年度预计融资担保进展的公告 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： 担保对象及基本情况 | 被担保人名称 | 本次担保金额 | | 实际为其提供的 | | 是否在前期预计 | 本次担保是否有 | | --- | --- | --- | --- | --- | --- | --- | | | | | 担保余额 | | 额度内 | 反担保 | | 彤程新材料集团股 份有限公司 | 17,800 | 万元 | 95,685 | 1 万元注 | 是 | 否 | | 上海彤程电子材料 有限公司 | 11,000 | 万元 | 96,838 | 万元 | 是 | 否 | 注 1：其中彤程化学（中国）有限公司（以下简称"彤程化学"）本次为彤程新材料集团股 份有限公司（以下简称"公司"或"彤程新材"）提供担保 3,600 万元，彤程化学实际为公 司提供的担保余额为 12,400 万元。华奇（中国）化工有限公司（以下简 ...

Core Viewpoint - Red Avenue New Materials Group Co., Ltd. (彤程新材) has submitted its IPO application to the Hong Kong Stock Exchange, aiming for a listing on the main board [1][16]. Company Overview - Established in 1999, Red Avenue New Materials is a leading comprehensive new materials service provider in China, primarily engaged in the R&D, production, marketing, sales, and distribution of new chemical materials [3][18]. - The company operates in three main segments: electronic materials, tire rubber additives and other chemical products, and fully biodegradable materials [3][18]. Business Segments Electronic Materials - The product offerings include semiconductor materials (such as photoresists, CMP polishing pads, high-purity solvents, and EBR) and display panel materials (including photoresists for display panels, organic insulating films, and luminescent materials) [4][19]. - Red Avenue ranked first among Chinese suppliers in sales of semiconductor photoresists and TFT array photoresists in the Chinese market for the first nine months of 2025 [4][19]. Tire Rubber Additives and Other Chemical Products - Key products include rubber resins and additives, such as phenolic resins and PTBP, used in the production of automotive tires and other rubber products to enhance various performance characteristics [5][20]. - The company has established ongoing business relationships with many well-known domestic and international tire manufacturers, covering the top 20 global tire manufacturers, which collectively account for over 70% of the global tire market share [5][20]. - Red Avenue ranked first in sales of phenolic resin rubber additives in both the global and Chinese markets for the first nine months of 2025 [5][20]. Fully Biodegradable Materials - The main products include PBAT materials used for packaging and agricultural films, which have received food safety certifications from various regulatory bodies [6][21]. - These materials exhibit excellent barrier properties and transparency, making them an effective alternative to traditional polyethylene (PE) films [6][21]. Financial Performance - For the fiscal years 2023, 2024, and the first nine months of 2025, Red Avenue reported revenues of RMB 2.937 billion, RMB 3.263 billion, and RMB 2.517 billion, respectively [12][28]. - Corresponding net profits for the same periods were RMB 404 million, RMB 534 million, and RMB 522 million [12][28]. Shareholding Structure - Prior to the Hong Kong listing, the major shareholder is Mr. Zhang Qingsen, holding 45.27% of the shares, while Mr. Chen Junling holds 17.36% [8][24]. - The shareholding structure also includes Ms. Zhang Ning with 0.14%, and Red Avenue Investment, which is directly or indirectly owned by Ms. Zhang Ning, holding 47.81% [10][25]. Board of Directors - The board consists of 9 members, including 5 executive directors and 3 independent non-executive directors [12][27]. - Key executives include Ms. Zhang Ning (Chairman), Mr. Ding Lin (Vice Chairman and President), and Mr. Yu Yaoming (Vice President and CFO) [12][27].

Group 1 - China is the largest rubber additive producer globally, with an expected production accounting for approximately 78% of the global total in 2024 [1] - The total output value of rubber additives in China is projected to grow from 20.2 billion yuan in 2020 to 21.5 billion yuan in 2024, reflecting a compound annual growth rate (CAGR) of 1.5% [1] - By 2029, the total output value of rubber additives in China is anticipated to reach 25.4 billion yuan, with a CAGR of 3.4% from 2024 to 2029 [1] Group 2 - The tire-related application is the primary sector in the Chinese rubber additive market, with the market value for tire rubber additives expected to increase from 14.2 billion yuan in 2020 to 15.1 billion yuan in 2024, representing a CAGR of 1.6% [3] - The market value for tire rubber additives is projected to reach approximately 17.8 billion yuan by 2029, with a CAGR of about 3.3% from 2024 to 2029 [3] - Phenolic resin rubber additives for tires have shown significant growth, with their market value increasing from 3.1 billion yuan in 2020 to 3.5 billion yuan in 2024, a CAGR of 2.7% [3] - By 2029, the market value for this segment is expected to reach 4.3 billion yuan, with a CAGR of approximately 4.2% from 2024 to 2029 [3] Group 3 - Tongcheng New Materials Group Co., Ltd. has submitted a listing application to the Hong Kong Stock Exchange, aiming for a dual listing in A+H shares [3] - According to the prospectus, the company ranked first in sales in both the global and Chinese markets for tire phenolic resin rubber additives in the first nine months of 2025 [3] - In 2024, the company is expected to be the top producer among all phenolic resin rubber additive manufacturers in China, with key products including phenolic resin and PTBP, which are used to optimize rubber product performance [3]

Group 1 - Tongcheng New Materials Co., Ltd. experienced a stock price increase of 5.26%, reaching 58.47 CNY per share, with a trading volume of 1.047 billion CNY and a turnover rate of 2.98%, resulting in a total market capitalization of 36.024 billion CNY [1] - The company, established on June 4, 2008, and listed on June 27, 2018, is located in the Shanghai Free Trade Zone and specializes in the research, production, sales, and trade of fine chemical materials [1] - The main revenue composition of the company includes rubber additives and other products at 70.06%, electronic materials at 26.69%, and fully biodegradable materials at 3.25% [1] Group 2 - Among the top ten circulating shareholders of Tongcheng New Materials, a fund under Penghua Fund ranks first, specifically the Penghua CSI Sub-Industry Chemical Theme ETF Link A (014942), which entered the top ten in the third quarter with 3.6216 million shares, accounting for 0.61% of circulating shares [2] - The Penghua CSI Sub-Industry Chemical Theme ETF Link A was established on March 8, 2022, with a current size of 116 million CNY, yielding 8.19% this year, ranking 741 out of 5580 in its category, and achieving a one-year return of 52.59%, ranking 663 out of 4290 [2] Group 3 - The fund manager of Penghua CSI Sub-Industry Chemical Theme ETF Link A is Yan Dong, who has a total tenure of 6 years and 330 days, managing assets totaling 21.796 billion CNY, with the best fund return during his tenure being 456.3% and the worst being -40.74% [3]

國泰海通 海浦或偿 HATTONG SUOTAI HAITONG [編纂]項下的[編纂]數目 : [編纂]股H股(視乎[編纂]行使與否而定) |编纂|數目 : [编纂]股H股(可予[编纂]) |编纂|數目 : [編纂]股H股(可予[編纂]及視乎[編纂]行使與 合向定) 最高[編纂] : 每股H股[編纂]港元,另加1.0%經紀佣金、 0.0027%證監會交易徵費、0.00565%聯交 所交易費及0.00015%會財局交易徵費(須 於申請時以港元繳足,多繳股款可予J編 纂I) 面值 : 每股H股人民幣1.00元 【编纂】： [编纂] (於中華人民共和國註冊成立的股份有限公司) l 繼續] 獨家保薦人、[編纂]、[編纂]及[編纂] 据港交所2月8日披露，彤程新材（603650）料集团股份有限公司(简称：彤程新材(603650.SH))向港交所主板递交上市 申请书，国泰海通/海通国际为独家保荐人。招股书显示，彤程新材是中国领先的综合性新材料服务供应商，专注于 先进化工产品。公司主要从事新型化工材料的研发、生产、营销、销售及分销。于往绩记录期间，公司的主要业务包 括三个分部，即(i)电子材料;(ii)轮胎用橡胶助剂及其 ...

Core Viewpoint - Tongcheng New Materials (彤程新材) is applying for a dual listing on the A+H stock markets, facing slowing profit growth and declining average selling prices in its business segments, with trade receivables rising to 730 million RMB [1][3]. Financial Performance - For the fiscal years 2023 to 2025, the company's revenue figures are 2.944 billion RMB, 3.270 billion RMB, and 2.523 billion RMB respectively, with net profits of 407 million RMB, 517 million RMB, and 494 million RMB, showing significant deceleration in growth rates of 36.37%, 27.10%, and 12.65% [3][6]. - The overall gross profit margins remained relatively stable at approximately 23.3%, 24.4%, and 25.2%, with gross profits of about 685 million RMB, 796 million RMB, and 634 million RMB [8]. Business Segments - The company operates in three main segments: electronic materials, tire rubber additives, and fully biodegradable materials. The tire rubber additives segment is the largest revenue contributor, accounting for 77.5%, 74.7%, and 69.7% of total revenue in the respective periods [6][7]. - The electronic materials segment's revenue share increased from 19.1% to 27.8% over the same period, with average selling prices rising from 44,300 RMB to 53,900 RMB [7]. Trade Receivables and Inventory - Trade receivables have increased to 730 million RMB, with turnover days rising from 71 to 75 days, indicating potential collection challenges [8][9]. - Inventory levels have also increased, with amounts of 431 million RMB, 486 million RMB, and 511 million RMB, and inventory turnover days extending from 68 to 73 days [10]. Market Performance - As of February 6, the company's stock price rose by 1.42% to 55.55 RMB per share, with a total market capitalization of approximately 34.225 billion RMB, reflecting a more than 60% increase in stock price over the past year [11].