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]

Investment Rating - The report gives a "Buy" rating for the company, marking its first coverage [2]. Core Insights - The company is expected to achieve a historic breakthrough in high-end products in 2025, potentially marking a year of renewed growth. It is recognized as a national high-tech enterprise and a "little giant" enterprise by the Ministry of Industry and Information Technology, with main business segments including zirconium, magnesium, and advanced ceramics [5][20]. - In 2024, the company reported revenues and net profits of 1.054 billion and 76 million yuan respectively, showing a year-on-year decline of 2.41% and 4.38% due to intense industry competition and demand shocks in traditional sectors. However, growth in high-end applications like sponge zircon and advanced friction materials has mitigated some impacts [5][27]. - The company aims to achieve net profits of 1.5 billion, 2.2 billion, and 3.0 billion yuan from 2025 to 2027, supported by the ramp-up of its nuclear-grade zircon project and the delivery of solid-state battery materials [5][10]. Company Overview - The latest closing price of the company's stock is 23.28 yuan, with a total market capitalization of 9.9 billion yuan. The company has a total share capital of 424 million shares, with a debt-to-asset ratio of 33.1% and a price-to-earnings ratio of 129.33 [4]. - The company has a significant shareholder, Japan's Eisho Trading Co., Ltd., which holds a substantial stake [4]. Financial Projections - The company is projected to benefit from increased orders for nuclear-grade sponge zircon in 2025, with net profits expected to grow significantly in the following years. The estimated earnings per share (EPS) for 2025, 2026, and 2027 are 0.34, 0.58, and 0.75 yuan respectively, with corresponding price-to-earnings ratios of 71.81, 42.04, and 32.69 [10][12]. - Revenue is expected to reach 1.172 billion, 1.571 billion, and 1.873 billion yuan from 2025 to 2027, reflecting growth rates of 11.21%, 34.08%, and 19.20% respectively [12]. Business Segments - The company has established a comprehensive product matrix in the zirconium sector, including sponge zircon, zirconium oxychloride, and zirconium-based amorphous alloys, with ongoing efforts to expand into high-end applications [20][34]. - The nuclear-grade sponge zircon project is anticipated to start production in 2025, with a projected capacity of 1,300 tons, contributing to the company's growth trajectory [7][10]. - The solid-state battery sector is also a focus, with expectations for small-scale production by 2027 and large-scale commercialization by 2030, leveraging zircon-based materials for electrolyte applications [8][10].

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].

Group 1 - The company announced the appointment of a new independent director, Zhou Qiuxia, to replace the resigned independent director, Zhan Junsheng, ensuring compliance with legal and regulatory requirements regarding the composition of the board and its committees [1][2][3] - Zhou Qiuxia's qualifications have been submitted to the Shanghai Stock Exchange for record, and no objections have been raised [2][3] - The board's committees have been adjusted to include Zhou Qiuxia in the Strategic and Development Committee, Audit Committee, and Compensation and Assessment Committee [1][2] Group 2 - The company’s subsidiary, Liaoning Huaxiang New Materials Co., Ltd., signed a technology transfer agreement with Shandong Jinluan Technology Development Co., Ltd. for zirconium and hafnium separation and purification technology [8][9] - The agreement stipulates a payment of RMB 20 million for the technology, which will be paid in installments based on project implementation progress [10] - This technology transfer is expected to enhance the company's capabilities in the zirconium and hafnium industry, improving product value and addressing material shortages in key sectors such as nuclear power and semiconductor manufacturing [10] Group 3 - The company announced a change in accounting policy effective January 1, 2024, in accordance with new regulations issued by the Ministry of Finance [13][15] - The change is not expected to have a significant impact on the company's financial status or operating results [14][19] - The new accounting policies will provide a more objective and fair reflection of the company's financial condition [19] Group 4 - The company proposed a profit distribution plan for 2024, with a cash dividend of RMB 0.075 per share, totaling approximately RMB 31.76 million, which represents 41.92% of the net profit attributable to shareholders [21][22][24] - The proposal requires approval at the upcoming annual general meeting [25][26] - The board believes the distribution plan aligns with the company's financial situation and long-term development strategy [27] Group 5 - The company provided a report on the management and use of raised funds for 2024, detailing the total amount raised and its allocation [30][32] - As of December 31, 2024, the company had invested RMB 15.52 million of the raised funds into projects, with a remaining balance of RMB 6.31 million [33][36] - The company has established strict management protocols for the raised funds to ensure compliance and protect investor interests [34][44]

三祥新材股份有限公司 2024 年度独立董事述职报告 （陈兆迎-已离任） 本人陈兆迎作为三祥新材股份有限公司（以下简称"公司"）的独立董事，严 格按照《中华人民共和国公司法》、《中华人民共和国证券法》、《上市公司独 立董事管理办法》《上海证券交易所股票上市规则》等相关法律法规、规范性文 件和《公司章程》《公司独立董事工作制度》的规定，忠实、勤勉地履行职责， 独立、负责地行使职权，及时关注公司的发展状况，参与重大经营决策并对重大 事项独立、客观地发表意见，充分发挥独立董事的独立作用，有效促进公司运作 的合理性和公平性，切实维护公司及股东利益。 本人于2024年5月22日公司召开2023年年度股东大会完成董事会换届选举后 正式卸任。现将本人2024年任职期间（2024年1月1日~2024年5月22日）的履职情 况报告如下： 一、 基本情况 （一）个人基本情况 陈兆迎先生，男，1971年出生，中国国籍，无永久境外居留权，在职硕士研 究生学历，曾任立信会计师事务所项目经理、上海中金会计师事务所副主任会计 师，现任京果企业顾问（上海）有限公司执行董事，上海中狮会计师事务所监事、 副主任会计师。 （二）独立性情况的说明 ...

三祥新材股份有限公司 2024 年度独立董事述职报告 （林琳） 本人林琳作为三祥新材股份有限公司（以下简称"公司"）的独立董事，严格 按照《中华人民共和国公司法》、《中华人民共和国证券法》、《上市公司独立 董事管理办法》《上海证券交易所股票上市规则》等相关法律法规、规范性文件 和《公司章程》《公司独立董事工作制度》的规定，忠实、勤勉地履行职责，独 立、负责地行使职权，及时关注公司的发展状况，参与重大经营决策并对重大事 项独立、客观地发表意见，充分发挥独立董事的独立作用，有效促进公司运作的 合理性和公平性，切实维护公司及股东利益。 本人于2024年5月22日公司召开2023年年度股东大会完成董事会换届选举后 正式成为公司第五届董事会独立董事。现将本人2024年任职期间（2024年5月22 日~2024年12月31日）的履职情况报告如下： 一、 基本情况 （一）个人基本情况 林琳女士，女，1972 年出生，中国国籍，无永久境外居留权，研究生学 历，管理学博士，注册会计师，会计学教授。曾任职于福州大学资产管理处、 福建财会管理干部学院。现任福建江夏学院会计学院教授，从事会计学专业教 学和研究工作，曾任福建浔兴拉链科 ...