公司近日收到 Virgin Holdings Limited 的通知，获悉其质押的公司股份已全 部办理了股份解除质押业务，具体事项如下： 一、股东本次股份解除质押情况 | 股票代码：603650 | 股票简称：彤程新材 编号：2025-092 | | --- | --- | | 债券代码：113621 | 债券简称：彤程转债 | 彤程新材料集团股份有限公司 关于控股股东之一致行动人股份解除质押的公告 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 ●彤程新材料集团股份有限公司（以下简称"公司"）控股股东 RED AVENUE INVESTMENT GROUP LIMITED之一致行动人Virgin Holdings Limited持有公司 股份 80,162,700 股，占公司总股本（以 2025 年 11 月 13 日总股本 616,141,306 股 计算，下同）的 13.01%；控股股东及其一致行动人合计持有公司股份 375,570,200 股，占公司总股本的 60.96%；本次办理解除质押业务后，Virg ...

截至发稿，彤程新材市值为224亿元。 每经头条（nbdtoutiao）——展望"十五五"|专访财科院院长杨志勇：遏制地方政府新增隐性债务，债务 信息要透明，尽可能降低利息成本 （记者 张明双） 每经AI快讯，彤程新材（SH 603650，收盘价：37.36元）11月14日晚间发布公告称，彤程新材料集团股 份有限公司控股股东RED AVENUE INVESTMENT GROUP LIMITED之一致行动人Virgin Holdings Limited持有公司股份约8016万股，占公司总股本（以2025年11月13日总股本约6.16亿股计算，下同）的 13.01%；控股股东及其一致行动人合计持有公司股份约3.76亿股，占公司总股本的60.96%；本次办理解 除质押业务后，Virgin Holdings Limited所持质押股份已全部解除质押，控股股东及其一致行动人无质押 股份。 2024年1至12月份，彤程新材的营业收入构成为：橡胶助剂行业占比74.67%，电子材料业占比22.77%， 全生物降解材料行业占比2.47%，其他业务占比0.09%。 ...

南财智讯11月14日电，彤程新材公告，公司近日收到一致行动人VirginHoldingsLimited的通知，获悉其 质押的公司股份已全部办理了股份解除质押业务，本次解除质押股份数量为40,000,000股，占其所持股 份比例的49.90%，占公司总股本比例的6.49%。本次解除质押后，VirginHoldingsLimited所持质押股份 已全部解除，控股股东及其一致行动人无质押股份。 ...

Market Overview - The rubber sector increased by 1.99% on November 13, with Kexin Innovation leading the gains [1] - The Shanghai Composite Index closed at 4029.5, up 0.73%, while the Shenzhen Component Index closed at 13476.52, up 1.78% [1] Key Stocks Performance - Kexin Innovation (300731) closed at 44.20, up 5.94% with a trading volume of 102,700 shares and a turnover of 448 million yuan [1] - Quancheng Co. (605183) closed at 20.72, up 5.55% with a trading volume of 68,900 shares and a turnover of 140 million yuan [1] - Heimao Co. (002068) closed at 10.45, up 4.81% with a trading volume of 376,800 shares and a turnover of 390 million yuan [1] - Other notable performers include Sanwei Equipment (920834) and Yuanxiang New Materials (301300), with increases of 4.13% and 3.89% respectively [1] Capital Flow Analysis - The rubber sector saw a net inflow of 4.0468 million yuan from main funds, while retail funds experienced a net inflow of 35.5246 million yuan [2][3] - Speculative funds had a net outflow of 39.5714 million yuan, indicating a shift in investment strategies among different types of investors [2][3] Individual Stock Capital Flow - Sanqiang Co. (002068) had a main fund net inflow of 28.2787 million yuan, while speculative funds saw a net outflow of 18.2234 million yuan [3] - Kexin Innovation (300731) experienced a main fund net inflow of 10.3333 million yuan, with a significant outflow from speculative funds [3] - Other stocks like Haida Co. (300320) and Lian Ke Technology (001207) also showed varying capital flows, reflecting investor sentiment [3]

Core Viewpoint - Tongcheng New Materials has shown a mixed performance in stock price and financial results, with a notable increase in revenue and profit year-on-year, while facing fluctuations in stock price over recent trading periods [1][2]. Financial Performance - As of September 30, 2025, Tongcheng New Materials reported a revenue of 2.523 billion yuan, representing a year-on-year growth of 4.06% [2]. - The net profit attributable to shareholders for the same period was 494 million yuan, reflecting a year-on-year increase of 12.65% [2]. - Cumulatively, the company has distributed 1.493 billion yuan in dividends since its A-share listing, with 847 million yuan distributed over the past three years [3]. Stock Market Activity - On November 13, the stock price of Tongcheng New Materials increased by 2.01%, reaching 39.15 yuan per share, with a trading volume of 183 million yuan and a turnover rate of 0.79% [1]. - The company’s market capitalization stands at 23.449 billion yuan [1]. - Year-to-date, the stock price has risen by 13.57%, but it has seen a decline of 1.26% over the last five trading days and a 7.38% drop over the last 20 days [1]. Shareholder Structure - As of September 30, 2025, the number of shareholders increased to 60,200, up by 27.61%, while the average number of circulating shares per person decreased by 21.42% to 9,914 shares [2]. - Notable institutional shareholders include Penghua Zhongzheng Subdivision Chemical Industry Theme ETF and Southern Zhongzheng 500 ETF, with changes in their holdings noted [3].

Core Insights - The semiconductor photoresist industry is crucial for chip manufacturing, directly impacting chip resolution, yield, and cost, and is characterized by high technical barriers [1][2] - China is prioritizing the development of photoresists through multi-dimensional policy support, aiming for a market size of approximately $13.46 billion by 2024 [1][8] - Domestic companies are forming a multi-tiered industrial structure, with leading firms like Nanda Optoelectronics and Tongcheng New Materials achieving mass production and integration into supply chains [1][12] Industry Overview - Semiconductor photoresists, also known as photoresists, are materials that change solubility when exposed to radiation, playing a key role in accurately transferring circuit patterns onto wafers [2][3] - The market for semiconductor materials in China is projected to reach $13.46 billion in 2024, with a growth rate of approximately 2.85% [8][12] Policy Support - The Chinese government has established a comprehensive policy framework to support the semiconductor industry, including tax incentives and application demonstrations, to accelerate the development of photoresists [5][6] - Key policy documents include the "14th Five-Year Plan for the Development of Raw Materials Industry" and the "Action Plan for Stable Growth of Electronic Information Manufacturing Industry 2025-2026" [6][8] Industry Chain - The semiconductor photoresist industry chain in China is characterized by strong collaboration across upstream, midstream, and downstream sectors, with a clear path towards domestic production [6][8] - Domestic companies have achieved high self-sufficiency in mid-to-low-end raw materials, while high-end materials still require breakthroughs [6][10] Market Dynamics - The demand for high-end photoresists is increasing as chip manufacturing processes advance, with the market for photoresists expected to reach approximately 5.63 billion yuan in 2024 [12][14] - The domestic market is seeing a shift towards local alternatives, with KrF photoresists becoming the mainstay for mid-to-high-end applications and ArF photoresists achieving significant breakthroughs [12][14] Competitive Landscape - The global photoresist market is dominated by foreign giants, with Japanese and American companies holding about 87% of the market share [12][14] - Domestic companies are gradually increasing their market share in mature processes, with firms like Nanda Optoelectronics leading in ArF photoresists and Tongcheng New Materials dominating KrF photoresists [14][16] Future Trends - The semiconductor photoresist industry in China is expected to evolve along three main lines: technological breakthroughs, ecological collaboration, and competitive restructuring [15][16] - Future developments will focus on enhancing the performance of KrF and ArF photoresists, advancing EUV photoresist technology, and fostering vertical integration within the industry [15][16]

Core Points - The company announces the redemption and delisting of "Tongcheng Convertible Bonds" [1][4] - The redemption price is set at 101.44 CNY per bond, including accrued interest [2][8] - The last trading day for the bonds is November 10, 2025, and they will stop trading from November 11, 2025 [2][12] Redemption Details - Redemption registration date is November 13, 2025 [2][7] - The last conversion date for the bonds is also November 13, 2025 [3][12] - The company has triggered the conditional redemption clause due to the stock price being above 130% of the conversion price for 15 trading days [5][6] Financial Implications - The accrued interest calculation results in 1.44 CNY per bond, leading to a total redemption amount of 101.44 CNY [8][13] - Investors who do not convert their bonds by the deadline will face forced redemption at the specified price [4][15] - The market price of the bonds on the last trading day is significantly higher than the redemption price, indicating potential losses for investors who do not convert [15]

Core Points - Tongcheng New Materials announced that investors holding "Tongcheng Convertible Bonds" can either convert at a price of 31.11 yuan per share or be forced to redeem at a face value of 100 yuan per bond plus accrued interest of 1.44 yuan per bond, totaling 101.44 yuan per bond [1] Group 1 - The announcement indicates that if investors do not convert their bonds within the specified timeframe, they may face significant investment losses due to forced redemption [1]

| 股票代码：603650 | 股票简称：彤程新材 | 编号：2025-090 | | --- | --- | --- | | 债券代码：113621 | 债券简称：彤程转债 | | 彤程新材料集团股份有限公司 关于实施"彤程转债"赎回暨摘牌的最后一次提示性公告 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 ●赎回登记日：2025 年 11 月 13 日 ●赎回价格：101.44 元/张 ●最后交易日：2025 年 11 月 10 日 自 2025 年 11 月 11 日起，"彤程转债"停止交易。 ●赎回款发放日：2025 年 11 月 14 日 ●最后转股日：2025 年 11 月 13 日 截至 2025 年 11 月 12 日收市后，距离 2025 年 11 月 13 日（"彤程转债"最后转 股日）仅剩 1 个交易日，2025 年 11 月 13 日为"彤程转债"最后一个转股日。 ●本次提前赎回完成后，"彤程转债"将自 2025 年 11 月 14 日起在上海证券交易 所摘牌。 ●投资者所持"彤程转债"除 ...

Core Viewpoint - The company announces the early redemption of its convertible bonds "Tongcheng Convertible Bonds" due to the triggering of conditional redemption clauses, with specific dates and prices outlined for investors [2][4][5]. Redemption Details - Redemption registration date is set for November 13, 2025 [2] - Redemption price is 101.44 CNY per bond [2][8] - Redemption payment date is November 14, 2025 [2][10] - Last trading day for the bonds is November 10, 2025, after which trading will cease [2][12] Conversion and Trading Information - The last conversion date for the bonds is November 13, 2025, with only two trading days remaining until this date [3][12] - The bonds will be delisted from the Shanghai Stock Exchange starting November 14, 2025 [4][12] Conditional Redemption Clause - The conditional redemption clause was triggered as the company's stock price was above 130% of the conversion price for 15 trading days [5][6] - The redemption applies to all registered bondholders as of the redemption registration date [7] Interest Calculation - The accrued interest for the bonds is calculated to be 1.44 CNY per bond, leading to a total redemption amount of 101.44 CNY [8][13] Tax Implications - Individual investors are subject to a 20% tax on interest income, resulting in a net redemption amount of 101.152 CNY after tax [13] - Qualified foreign institutional investors will receive the full redemption amount of 101.44 CNY without tax deductions [14]