Core Viewpoint - The company is preparing for its 2025 annual general meeting, where key financial decisions and operational strategies will be discussed, including financial results for 2024 and budget proposals for 2025 [1][2][12]. Meeting Details - The annual general meeting is scheduled for May 28, 2025, at 14:30, held at the company's conference room in Fujian Province [1]. - Shareholders can participate through both on-site and online voting, with specific time slots designated for each [1][2]. Financial Proposals - The company reported a projected revenue of 1.5 billion yuan for 2025, reflecting a strategic focus on growth despite a 7.25% decline in net profit for 2024 [12]. - A cash dividend of 0.075 yuan per share is proposed, totaling approximately 31.76 million yuan, which represents 41.92% of the net profit attributable to shareholders [12][13]. Corporate Governance - The company plans to amend its articles of association to reflect changes in registered capital, reducing it from 423.46 million yuan to 423.30 million yuan due to stock option adjustments [14]. - The board of directors has proposed the reappointment of the auditing firm, Deloitte, for the 2025 fiscal year, ensuring continuity in financial oversight [18]. Strategic Initiatives - The company aims to apply for a bank credit line of up to 2 billion yuan for operational financing, with an additional 500 million yuan in guarantees for subsidiaries [15][17]. - The company is focusing on expanding its product lines in the new materials sector, particularly in zirconium-based products, to capitalize on market opportunities in various industries [30][31]. Industry Context - The new materials industry is recognized as a strategic emerging industry in China, with significant growth potential driven by government policies and market demand [31][32]. - The company is positioned to benefit from trends in energy structure reform and the increasing demand for advanced materials in sectors such as renewable energy and automotive [32].

2024 年年度股东大会议程 议案清单 | 2024 | 年年度股东大会议程 3 | | --- | --- | | 2024 | 年年度股东大会须知 5 | | 2024 | 年年度股东大会会议议案 7 | | 议案 | 1 关于公司 2024 年度董事会工作报告的议案 7 | | 议案 | 2 关于公司 2024 年年度报告及其摘要的议案 8 | | 议案 | 3 关于公司 2024 年度监事会工作报告的议案 9 | | 议案 | 4 关于公司 2024 年度财务决算及 2025 年度财务预算的议案 | | | 12 | | 议案 | 5 关于公司 2024 年度利润分配预案 13 | | 议案 | 6 关于变更注册资本并修改《公司章程》的议案 14 | | 议案 | 7 关于确定公司 2025 年度董事、监事薪酬的议案 16 | | 议案 | 8 关于 2025 年度公司及所属子公司申请授信及提供担保的议 | | | 案 17 | | 议案 | 9 关于续聘公司 2025 年审计机构的议案 19 | | 议案 | 10 关于补选公司独立董事的议案 20 | | 2024 | 年度股东大会会议议案附件 2 ...

证券代码：603663 证券简称：三祥新材 公告编号：2025-041 公司已向中国证券登记结算有限责任公司上海分公司（以下简称"中登公司"） 提交注销上述股票期权的申请，经中登公司审核确认，上述798,504份股票期权注销 事宜已于2025年5月21日办理完毕。 本次注销的股票期权尚未行权，注销后不会对公司股本造成影响。本次注销部 分股票期权事项符合《上市公司股权激励管理办法》及《三祥新材股份有限公司2022 年股票期权与限制性股票激励计划（草案）》的相关规定。 特此公告。 三祥新材股份有限公司董事会 2025 年 5 月 23 日 三祥新材股份有限公司 关于部分股票期权注销完成的公告 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。 三祥新材股份有限公司（以下简称"公司"）于2025年4月23日召开了第五 届董事会第八次会议和第五届监事会第八次会议，会议审议通过了公司《关于 注销部分股票期权和回购注销部分限制性股票的议案》，具体情况如下：因首 次授予第三个行权/解除限售期和预留授予第二个行权/解除限售期公司层面业绩未 达到考 ...

证券代码：603663 证券简称：三祥新材 公告编号：2025-040 三祥新材股份有限公司 一、股票期权与限制性股票首次授予情况 2025 年 3 月 5 日，公司召开第五届董事会第七次临时会议和第五届监事会 第七次临时会议，审议通过了与本次股票激励计划相关的《关于调整 2025 年股 票期权与限制性股票激励计划首次授予相关事项的议案》《关于向 2025 年股票 期权与限制性股票激励计划激励对象首次授予股票期权与限制性股票的议案》， 同意公司以 2025 年 3 月 5 日为首次授权日、首次授予日，向符合条件的 76 名激 励对象授予股票期权 231.50 万份，行权价格为 20.03 元/份，向符合条件的 15 名 激励对象授予限制性股票 48.00 万股，授予价格为 10.02 元/股。董事会薪酬与考 核委员会对相关事项发表了同意的意见，监事会对本次授予股票期权与限制性股 票的激励对象名单再次进行了核实，北京海润天睿律师事务所出具了《关于三祥 新材股份有限公司 2025 年股票期权与限制性股票激励计划首次授权相关事项的 股权激励权益登记日：股票期权 2025 年 4 月 29 日、限制性股票 2025 ...

证券代码：603663 证券简称：三祥新材 公告编号：2025-039 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。 为进一步加强与投资者的互动交流，三祥新材股份有限公司（以下简称 "公 司"）将参加由福建证监局指导，福建省上市公司协会主办，深圳市全景网络有 限公司承办的"2025 年福建辖区上市公司投资者网上集体接待日活动"。现将有 关事项公告如下： 本次活动将采用网络远程的方式举行，投资者可登录"全景路演"网站 （https://rs.p5w.net），或关注微信公众号：全景财经，或下载全景路演 APP，参 与本次互动交流，活动时间为 2025 年 5 月 14 日（周三）15:30-17:00。届时公司 高管将在线就公司 2024 年度业绩、公司治理、发展战略、经营状况、融资计划、 股权激励和可持续发展等投资者关心的问题，与投资者进行沟通与交流，欢迎广 大投资者踊跃参与！ 特此公告。 三祥新材股份有限公司董事会 2025 年 5 月 8 日 三祥新材股份有限公司 关于参加 2025 年福建辖区上市公司投资者 网上集体接待日活动的公告 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 ...

Investment Rating - The report maintains a rating of "Accumulate" for the company, indicating a projected stock price increase of 5% to 15% over the next six months [6]. Core Insights - The controlling shareholder, Ningde City Huifu Investment Co., Ltd., plans to increase its stake in the company, demonstrating confidence in the company's long-term development and investment value. The planned increase will be between 50 million and 100 million RMB within six months starting from April 30, 2025, with a commitment not to reduce holdings for six months after the purchase [2][3]. - The company is executing an integrated development strategy in the zirconium and hafnium industry chain, having completed strategic deployments in upstream and midstream sectors. This includes core areas such as electric melting zirconia and oxychloride zirconia, with plans to expand into end-use applications like nuclear-grade zirconium materials and zirconium-based liquid metals [3]. - The company has made significant progress in solid-state electrolyte materials, which are expected to enhance growth potential. The zirconium-based composite oxides and chlorides have shown promising electrochemical performance, with ongoing trials and small-scale supply to downstream solid-state battery manufacturers [4]. Financial Summary - The company is projected to achieve a net profit attributable to shareholders of 202 million RMB in 2025, with a significant growth rate of 166.32% compared to 2024. The expected net profits for 2026 and 2027 are 274 million RMB and 309 million RMB, respectively [5]. - Revenue is forecasted to grow from 1,054 million RMB in 2024 to 1,514 million RMB in 2025, reflecting a growth rate of 43.66% [5]. - The company's earnings per share (EPS) is expected to increase from 0.18 RMB in 2024 to 0.48 RMB in 2025, with a projected price-to-earnings (P/E) ratio of 48.18 in 2025, decreasing to 31.48 by 2027 [5].

证券代码：603663 证券简称：三祥新材 公告编号：2025-038 三祥新材股份有限公司 关于控股股东增持公司股份计划的公告 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： ●增持计划的基本情况：基于对公司未来持续稳定发展的坚定信心及对公司 长期投资价值的认可。公司控股股东宁德市汇阜投资有限公司（以下简称"汇阜 投资"）拟自本公告披露之日起 6 个月内，以自有资金和银行专项贷款，通过上 海证券交易所系统以集中竞价方式增持公司股份，增持金额不低于 5,000 万元 人民币（含），不高于 10,000 万元人民币（含）（以下简称"本次增持计划"）。 ●本次增持计划不会导致公司控股股东及实际控制人发生变化。 ●风险提示：本次增持计划可能存在因资本市场情况发生变化等因素导致增 持计划延迟实施或者无法完成实施的风险。增持计划实施过程中如出现上述风险 情形，公司将及时履行信息披露义务。敬请广大投资者注意相关风险。 三祥新材股份有限公司（以下简称"公司"））于近日收到控股股东汇阜投资 《关于增持公司股份计划的告知函》，现 ...

Group 1 - The A-share automotive parts sector showed strong performance at the beginning of trading, with significant gains in various companies [1] - Disengli reached the daily limit increase, while New Coordinates rose over 9% [1] - Huami New Materials and Sanxiang Technology both increased by over 8%, with Del Shares and Zhengqiang Shares also experiencing upward movement [1]

买入 |首次覆盖 个股表现 2024-04 2024-07 2024-09 2024-12 2025-02 2025-04 -33% -25% -17% -9% -1% 7% 15% 23% 31% 39% 47% 三祥新材 基础化工 资料来源：聚源，中邮证券研究所 公司基本情况 发布时间：2025-04-28 | 最新收盘价（元） | 23.28 | | --- | --- | | 总股本/流通股本（亿股）4.24 | / 4.23 | | 总市值/流通市值（亿元）99 | / 99 | | 52 周内最高/最低价 | 27.94 / 12.52 | | 资产负债率(%) | 33.1% | | 市盈率 | 129.33 | | 第一大股东 | 日本永翔贸易株式会社 | 研究所 股票投资评级 分析师:李帅华 SAC 登记编号:S1340522060001 Email:lishuaihua@cnpsec.com 分析师:魏欣 SAC 登记编号:S1340524070001 Email:weixin@cnpsec.com 证券研究报告：基础化工 | 公司深度报告 预 计 公 司 核级 锆 铪 项目 2025/2 ...

Investment Rating - The report maintains a "Buy" rating for the company, indicating a positive outlook for the stock's performance in the near term [6]. Core Views - The signing of the zirconium-hafnium separation technology transfer contract accelerates the company's expansion into the zirconium-hafnium industry chain, enhancing its competitive edge in key sectors such as semiconductors and aerospace [2][3]. - The company has secured significant orders from major clients, including a contract worth 245 million yuan with Nanjing Youtian for nuclear-grade sponge zirconium, expected to positively impact the company's performance in 2025 [3]. - The company is actively developing solid-state battery materials and has begun small-scale supply of zirconium-based electrolyte materials, indicating a strategic focus on emerging technologies [4]. Summary by Sections Technology Transfer - The company’s subsidiary, Liaoning Huaxiang, has signed an agreement to acquire zirconium-hafnium separation and purification technology for 20 million yuan, which will allow for rapid expansion into the zirconium-hafnium market [1][2]. Client Orders - Liaoning Huazir has entered into a sales contract with Nanjing Youtian to supply nuclear-grade sponge zirconium starting in March 2025, with a contract value of 245 million yuan, which is expected to enhance the company's financial performance [3]. Product Development - The company has completed the small-scale supply of zirconium-based solid electrolyte materials for solid-state batteries, demonstrating strong performance and potential for future growth in this sector [4]. Financial Forecast - The company is projected to achieve net profits of 202 million yuan, 274 million yuan, and 309 million yuan for the years 2025, 2026, and 2027 respectively, with corresponding price-to-earnings ratios of 48.86X, 36.00X, and 31.92X [5][6].