| 股票代码：603650 | 股票简称：彤程新材 | 编号：2025-036 | | --- | --- | --- | | 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 ●担保人名称：彤程新材料集团股份有限公司（以下简称"公司"或"彤程新材"）、 彤程化学（中国）有限公司（以下简称"彤程化学"） ●被担保人名称：华奇（中国）化工有限公司（以下简称"华奇化工"）、上海彤 程电子材料有限公司（以下简称"彤程电子"） ●是否为上市公司关联人：否 ●本次担保金额及已实际为其提供的担保余额：公司本次为华奇化工提供的担保 金额为人民币 1 亿元，公司实际为华奇化工提供的担保余额为 10,000 万元；彤程化学 本次为华奇化工提供的担保金额为人民币 8,000 万元，彤程化学实际为华奇化工提供 的担保余额为 6,000 万元；公司本次为彤程电子提供的担保金额为 6,000 万元，公司 实际为彤程电子提供的担 ...

上海市锦天城律师事务所 关于彤程新材料集团股份有限公司 2024 年年度股东大会的 法律意见书 锦 天 城 律师事务 所 ALLBRIGHT LAW OFFICES 地址:上海市浦东新区银城中路 501 号上海中心 11、12 层 电话: 021-20511000 传真: 021-20511999 邮编: 200120 上海市锦天城律师事务所 法律意见书 上海市锦天城律师事务所 关于彤程新材料集团股份有限公司 2024 年年度股东大会的法律意见书 致:彤程新材料集团股份有限公司 上海市锦天城律师事务所(以下简称"本所")接受彤程新材料集团股份有 限公司(以下简称"公司")委托,就公司召开2024年年度股东大会(以下简 称"本次股东大会")的有关事宜,根据《中华人民共和国公司法》(以下简称 "《公司法》")《上市公司股东会规则》等法律、法规和其他规范性文件以及 《彤程新材料集团股份有限公司章程》(以下简称"《公司章程》")的有关规 定,出具本法律意见书。 为出具本法律意见书,本所及本所律师依据《律师事务所从事证券法律业务 管理办法》和《律师事务所证券法律业务执业规则(试行)》等规定,严格履行 了法定职责,遵循了 ...

| 证券代码：603650 | 证券简称：彤程新材 | 公告编号：2025-037 | | --- | --- | --- | | 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 2024年年度股东大会决议公告 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： 本次会议是否有否决议案：无 一、 会议召开和出席情况 (一)股东大会召开的时间：2025 年 5 月 8 日 (二)股东大会召开的地点：中国上海市浦东新区银城中路 501 号上海中心大厦 25 层 2501 室 (三)出席会议的普通股股东和恢复表决权的优先股股东及其持有股份情况： | 1、出席会议的股东和代理人人数 | 340 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 407,447,657 | | 3、出席会议的股东所持有表决权股份数占公司有表决权股 | | | 份总数的比例（%） | 68.3642 | (四)表决方式是否符合《公司法》及《公司章程》的规定，大会主持情况等 ...

Investment Rating - The investment rating for the company is "Buy" and it is maintained [7] Core Views - The company reported a revenue of 860 million yuan in Q1 2025, representing a year-on-year increase of 9.4% and a quarter-on-quarter increase of 1.3% [2][4] - The net profit attributable to shareholders reached 160 million yuan, reflecting a year-on-year growth of 10.9% and a significant quarter-on-quarter increase of 104.8% [2][4] - The gross margin for Q1 2025 was 25.2%, up 0.4 percentage points year-on-year and 2.1 percentage points quarter-on-quarter, while the net margin was 19.2%, an increase of 0.3 percentage points year-on-year and 9.5 percentage points quarter-on-quarter [2][4] Summary by Sections Financial Performance - In Q1 2025, the company achieved a revenue of 860 million yuan, with a net profit of 160 million yuan and a net profit excluding non-recurring items also at 160 million yuan, indicating a year-on-year increase of 88.8% [2][4] - The sales volume for special rubber additives, electronic chemicals, and fully biodegradable materials were 39,949 tons, 4,026 tons, and 4,720 tons respectively, with year-on-year growth rates of 4.8%, 9.6%, and 76.3% [10] - The average selling prices for special rubber additives, electronic chemicals, and fully biodegradable materials were 15,044 yuan/ton, 52,349 yuan/ton, and 8,942 yuan/ton, with respective year-on-year changes of -4.0%, +23.4%, and -17.6% [10] Research and Development - The company invested 220 million yuan in R&D in 2024, a 20.5% increase year-on-year, accounting for 6.6% of revenue [10] - New product sales accounted for 43% of total sales, with the top eight new products contributing 80% of sales revenue [10] Project Development - The company has several projects entering production phases, including a semiconductor and flat panel display photoresist project with an annual capacity of 11,000 tons and related supporting agents of 20,000 tons [10] - The semiconductor chip polishing pad project has completed construction and is in trial production as of December 2024 [10] Future Outlook - The company is positioned as a leader in special rubber additives and photoresists, with expectations for net profits of 550 million yuan, 650 million yuan, and 760 million yuan for 2025, 2026, and 2027 respectively [10]

Investment Rating - The report maintains a "Recommended" rating for the company, indicating a positive outlook based on its market position and growth potential [4][6]. Core Insights - The company reported a robust growth in Q1 2025, achieving revenue of 856 million yuan, a year-on-year increase of 9.41%, and a net profit of 160 million yuan, up 10.92% year-on-year [1]. - The semiconductor photoresist segment has become a key growth driver, with projected revenue of 303 million yuan in 2024, reflecting a significant year-on-year increase of 50.43% [2]. - The company is expanding its production capacity, with a notable increase in prepayments, indicating enhanced resource allocation for capacity expansion [3]. Summary by Sections Financial Performance - In Q1 2025, the company achieved a gross profit margin of 25.21%, an increase of 0.4 percentage points year-on-year, and a net profit margin of 19.20%, up 0.32 percentage points year-on-year [1]. - The electronic chemical segment is expected to generate 746 million yuan in revenue in 2024, marking a 32.63% increase year-on-year [1]. Product Development - The company has made significant advancements in its semiconductor photoresist products, with high growth rates in various categories, including a 185% increase in chemical amplification I-line photoresist [2]. - The display panel photoresist business is also growing, with projected revenue of 330 million yuan in 2024, a year-on-year increase of 26.80% [2]. Capacity Expansion - The company has established a production capacity of 8,000 tons for flat panel photoresist and is the first domestic manufacturer of TFT-LCD Array photoresist [3]. - The production lines for semiconductor and flat panel display photoresists have been completed, with a total annual production capacity of 11,000 tons [3]. Future Projections - The company is expected to achieve net profits of 622 million yuan, 757 million yuan, and 905 million yuan for the years 2025, 2026, and 2027, respectively, with corresponding PE ratios of 31, 26, and 22 [4][5].

Investment Rating - The investment rating for the company is "Accumulate" [5] Core Views - The company achieved a historical high in revenue of 3.27 billion yuan in 2024, representing a year-on-year growth of 11.10%, and a net profit of 517 million yuan, up 27.10% year-on-year [2] - The semiconductor photoresist business saw significant growth, with revenue reaching 303 million yuan, a year-on-year increase of 50.43% [3] - The company is focusing on enhancing product competitiveness through self-developed resins for photoresists, which are now commercially viable [4] - The company anticipates continued growth in the photoresist market driven by AI trends and domestic substitution [9] Summary by Sections Financial Performance - In 2024, the company reported revenue of 3.27 billion yuan, a growth of 11.10% year-on-year, and a net profit of 517 million yuan, reflecting a 27.10% increase [2] - For Q1 2025, revenue was 856 million yuan, up 9.41% year-on-year, with a net profit of 160 million yuan, a growth of 10.92% [2] Business Segments - The electronic materials segment generated revenue of 745 million yuan in 2024, a growth of 34.43%, accounting for over 20% of total revenue [3] - The semiconductor photoresist business achieved revenue of 303 million yuan, with I-line and KrF photoresists growing by 61% and 69% respectively [3] - The display materials segment, through its subsidiary, generated 330 million yuan, with a market share of approximately 27.1% [3] - The CMP polishing pad business is set to enter trial production by the end of 2024, which is expected to provide new growth opportunities [3] Product Development - The company is focusing on photoresist resin development, with several products already in mass production [4] - The automotive industry is driving demand for traditional rubber additives, with revenue from specialty rubber additives reaching 2.442 billion yuan, a growth of 7.10% [4] Profitability - The company's gross margin improved to 24.84% in 2024, an increase of 1.16 percentage points from 2023, with the electronic materials segment achieving a gross margin of 29.8% [4] - Future profitability is expected to improve further as the proportion of high-end electronic materials increases [4] Future Projections - Revenue projections for 2025-2027 are 3.615 billion yuan, 4.271 billion yuan, and 5.234 billion yuan, with year-on-year growth rates of 10.56%, 18.14%, and 22.53% respectively [9] - Net profit projections for the same period are 571 million yuan, 698 million yuan, and 902 million yuan, with growth rates of 10.43%, 22.28%, and 29.26% respectively [9]

Investment Rating - The investment rating for the company is "Buy" and is maintained [7] Core Views - The company reported a revenue of 3.27 billion yuan for 2024, representing a year-on-year increase of 11.1%. The net profit attributable to shareholders was 520 million yuan, up 27.1% year-on-year, and the net profit after deducting non-recurring gains and losses was 420 million yuan, an increase of 7.6% year-on-year. In Q4 alone, the revenue was 850 million yuan, showing a year-on-year growth of 13.0% but a slight decline of 0.4% compared to the previous quarter. The net profit for Q4 was 80 million yuan, up 38.1% year-on-year but down 37.7% quarter-on-quarter. The company plans to distribute a cash dividend of 5 yuan for every 10 shares, totaling 300 million yuan [5][6][10]. Financial Performance - In 2024, the electronic materials segment achieved sales revenue of 740 million yuan, a year-on-year increase of 34.4%. The semiconductor photoresist business generated 300 million yuan in revenue, up 50.4% year-on-year. The sales of I-line photoresist products grew by 61%, while KrF photoresist products increased by 69%. The chemical amplified I-line (ICA) photoresist saw a remarkable growth of 185% year-on-year. The display materials segment, under the subsidiary Beixu Electronics, achieved revenue of 330 million yuan, a 26.8% increase year-on-year, with a market share of approximately 27.1% in the domestic market [10][11]. R&D and New Projects - The company maintained a high level of R&D investment, with expenditures reaching 220 million yuan in 2024, a 20.5% increase year-on-year, accounting for 6.6% of total revenue. New product sales accounted for 43% of total sales, with the top eight new products contributing 80% of the revenue. The company successfully localized the production of OLED photoresist, overcoming technical bottlenecks, and developed products suitable for G4.5 to G6 generation lines [10][11]. Future Outlook - Several projects are entering the production phase, which is expected to drive revenue growth. The annual production capacity for semiconductor and flat panel display photoresists is set at 11,000 tons, with 20,000 tons of related supporting reagents. The semiconductor chip polishing pad project has been completed and is expected to enter trial production by the end of December 2024 [10][11]. Profitability - The gross margin for the rubber additive business reached 26.0%, an increase of 0.8 percentage points year-on-year, while the electronic materials business gross margin was 29.8%, up 3.5 percentage points year-on-year, indicating sustained profitability growth [10][11]. Earnings Forecast - The company is projected to achieve net profits of 550 million yuan, 640 million yuan, and 750 million yuan for the years 2025 to 2027, respectively, maintaining a "Buy" rating [10][11].

"宁波膜智信息科技有限公司"为势银（TrendBank）唯一工商注册实体及收款账户 势银研究： 势银产业研究服务 势银数据： 势银数据产品服务 势银咨询： 势银咨询顾问服务 添加文末微信，加 先进封装 群 2024 年全球半导体材料市场呈现回暖态势。人工智能快速发展，带动数据中心、智能终端需求上 升，智能手机、可穿戴设备等消费电子产品需求回暖，汽车智能化、电动化促使汽车电子需求增 长，为半导体材料市场提供了发展动力。 根据势银（TrendBank）调研，2023年中国大陆半导体光刻胶市场规模为34.46亿元，同比2022年降 低13.98%。随着2024年市场回暖，需求增加，半导体用光刻胶市场也将扩大。 来源：《2024势银光刻材料产业发展蓝皮书》 同时，目前中国已经成为全球最大的LCD面板生产基地；OLED全球市场份额也在逐渐扩大，显示 光刻胶市场将相对增长，2023年显示光刻胶市场规模达99.42亿元，相较2022年同比增长2.38%。 | | | | 企业名称 | 营业收入(亿) | 营收同比 | | --- | --- | --- | | 彤程新材 | 32.70 | 11.10% | | 晶瑞电材 ...

二零二五年五月 股票代码：603650 股票简称：彤程新材 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 2024 年年度股东大会 会议资料 彤程新材料集团股份有限公司 2024 年年度股东大会会议资料 目录 | | 一、2024 年年度股东大会会议须知 3 | | --- | --- | | | 二、2024 年年度股东大会会议议程 5 | | | 三、议案一：2024 年度董事会工作报告 6 | | | 四、议案二：2024 年度监事会工作报告 16 | | | 五、议案三：2024 年年度报告全文及摘要 19 | | | 六、议案四：2024 年度财务决算报告 20 | | | 七、议案五：关于公司 2024 年度利润分配预案的议案 25 | | | 八、议案六：关于公司董事 2024 年度薪酬确认和 2025 年度薪酬方案的议案 26 | | | 九、议案七：关于公司监事 2024 年度薪酬确认及 2025 年度薪酬方案的议案 27 | | | 十、议案八：关于公司 2025 年度向银行申请综合授信额度的议案 28 | | | 十一、议案九：关于公司 2025 年度预计融资担 ...

| 股票代码：603650 | 股票简称：彤程新材 | 编号：2025-034 | | --- | --- | --- | | 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 2023 年限制性股票激励计划部分限制性股票回购注销 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： 回购注销原因：彤程新材料集团股份有限公司（以下简称"公司"）于 2025 年 3 月 7 日召开了第三届董事会第二十次会议，会议审议通过了《关于回购 注销 2023 年限制性股票激励计划部分限制性股票及调整回购价格的议案》， 鉴于《公司 2023 年限制性股票激励计划》（以下简称"本次激励计划"或 "《激励计划》"）首次授予部分 2 名激励对象因个人原因离职不再符合激 励对象资格，根据本次激励计划的相关规定及公司 2023 年第二次临时股东 大会的授权，公司对前述激励对象已获授予但尚未解除限售的限制性股票共 26,667 股进行回购注销。 本次注销股份的有关情况 | 回购股份数量 | 注销股份 ...