证券代码：603722 证券简称：阿科力 公告编号：2025-029 无锡阿科力科技股份有限公司 关于 2024 年度暨 2025 年第一季度业绩暨现金分红说明会 召开情况的公告 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个别及连带责 任。 为使广大投资者更加全面、深入地了解公司2024年度及2025年第一季度业 绩情况，根据上海证券交易所的有关规定，公司于2025年5月16日15:00-16:00在 上海证券交易所上证路演中心平台（网址：http://roadshow.sseinfo.com/）以网络 互动方式召开公司2024年度暨2025年第一季度业绩暨现金分红说明会，现将有 关情况公告如下： 一、业绩说明会召开情况 答：尊敬的投资者，你好！COC在下游认证比较顺利，主要对标用于镜片 生产指标，已经开展批量稳定性测试。目前仍存在批次的稳定性问题，主要原 因是COC为新产品，新设备，新工艺，新员工，开车的稳定性以及技能水平还 有待不断进步。 问题2：高管您好，请问贵公司未来盈利增长的主要驱动因素有哪些？谢谢。 答：尊敬的投资者你好 ...

Investment Rating - The report maintains a "Positive" investment rating for the petrochemical industry [9] Core Insights - The petrochemical industry is experiencing a downturn in revenue and net profit due to pressures from real estate and infrastructure, as well as global trade tensions, but the industry is nearing historical lows in terms of profitability [2][6] - There is a notable divergence in profitability among sub-industries, with downstream processing, coal chemical, and gas chemical sectors showing positive growth, indicating structural investment opportunities [2][6] - Key investment opportunities are identified in high-quality growth, growth potential, and high dividend yield sectors [2][7] Summary by Sections Industry Performance Overview - The petrochemical sector's revenue and net profit are projected to decline in 2024 and Q1 2025, with overall revenue for 2024 estimated at approximately 8,210.4 billion yuan, a decrease of 3.02% year-on-year, and net profit at about 395.0 billion yuan, down 0.54% [21][22] - For Q1 2025, revenue is expected to be around 200.5 billion yuan, reflecting a 6.14% decline, with net profit decreasing by 4.43% [21][22] Sub-Industry Analysis - The performance of various sub-sectors in 2024 shows mixed results: - Petrochemical (-0.54%) - Oil and gas services and equipment (-7.61%) - Energy extraction (4.87%) - Oil and gas storage and sales (-35.41%) - Traditional refining (-19.10%) - Private refining (-38.09%) - Coal and gas chemicals (19.21%) - Downstream processing (117.14%) [6][22] - In Q1 2025, the performance continues to vary: - Petrochemical (-4.43%) - Oil and gas services and equipment (18.13%) - Energy extraction (-2.48%) - Oil and gas storage and sales (-2.43%) - Traditional refining (-28.31%) - Private refining (-9.55%) - Coal and gas chemicals (65.79%) - Downstream processing (55.26%) [6][22] Investment Focus - The report emphasizes three main investment themes: 1. Gradual recovery in the industry, favoring quality leading companies with rising volumes and prices [7] 2. Opportunities in high-end materials and technology import substitution, particularly in POE and ethylene technology [7] 3. Stable cash flow and high dividend yields, particularly in central and state-owned enterprises, which may see a revaluation [7][8] Recommended Stocks - Key stocks to focus on include: - High-quality growth: Satellite Chemical, Baofeng Energy, Zhongman Petroleum, New Natural Gas, and Guanghui Energy - High-end material import substitution: AkzoNobel and Dingjide - Beneficiaries of coal chemical investments in regions like Xinjiang and Shanxi: Aerospace Engineering - Recovery plays: Huajin Co., Hengli Petrochemical, Rongsheng Petrochemical, Dongfang Shenghong, and Hengyi Petrochemical - High dividend stocks: CNOOC, PetroChina, and Sinopec [8]

关于使用闲置自有资金进行委托理财到期赎回 的公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 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个别及连 带法律责任。 重要内容提示： ●赎回理财产品名称：中国光大银行 2025 年挂钩汇率对公结构性存款定制 第二期产品 138 ●本次赎回金额：人民币 5,000.00 万元 无锡阿科力科技股份有限公司第四届董事会第十四次会议、第四届监事会第 十四次会议、2024 年第二次临时股东大会审议通过了《关于使用闲置自有资金 进行委托理财的议案》，公司对最高额度不超过 20,000 万元的闲置自有资金进 行委托理财，在确保不影响公司日常运营的情况下在股东大会审议通过之日起 12 个月内滚动使用，并授权公司总经理在上述额度内组织实施。具体内容详见 公司于 2024 年 10 月 26 日在《上海证券报》、《证券时报》、《金融时报》及 上海证券交易所网站披露的《无锡阿科力科技股份有限公司关于使用闲置自有资 金进行委托理财的公告》（公告编号：2024-054）。 一、 公司使用闲置自有资金进行委托理财到期赎回的情况 证券代码：603722 ...

无锡阿科力科技股份有限公司 2024 年年度股东大会 会议材料 无锡阿科力科技股份有限公司 2024 年年度股东大会 会议材料 二零二五年五月 无锡阿科力科技股份有限公司 2024 年年度股东大会 会议材料 2024 年年度股东大会会议须知 根据中国证券监督管理委员会《上市公司股东大会规则》和《公司章程》 的有关规定，为确保无锡阿科力科技股份有限公司（以下简称"公司"）股东 大会顺利召开，特制定大会须知如下，望出席股东大会的全体人员遵守执行： 一、股东参加股东大会，应当认真履行其法定义务，不得侵犯其他股东权 益； 二、股东大会期间，全体出席人员应以维护股东的合法利益、以确保大会 正常秩序和议事效率为原则，认真履行法定职责； 三、出席大会的股东依法享有发言权、咨询权、表决权等各项权利，但需 由公司统一安排发言和解答； 四、任何人不得扰乱大会的正常秩序和会议程序；会议期间请关闭手机或 将其调至振动状态。 无锡阿科力科技股份有限公司 2024 年年度股东大会 会议材料 无锡阿科力科技股份有限公司 2024 年年度股东大会 议 程 安 排 无锡阿科力科技股份有限公司 一、现场会议召开的日期、时间和地点： 召开的日期、 ...

Group 1 - The core business of the company is the research, production, and sales of chemical new materials, including polyether amines, optical-grade polymer resin, and high-transparency materials [1] - As of March 31, 2025, the company had 6,253 shareholders, with an average holding value of 352,800 yuan and an average holding quantity of 27,600 shares [1] - The company has been recognized as a national-level specialized and innovative small giant enterprise and holds various research and development qualifications, including a national postdoctoral workstation and a provincial engineering technology research center [1] Group 2 - The latest financial report for Q1 2025 shows the company achieved an operating revenue of 106 million yuan, a year-on-year increase of 2.70%, but reported a net loss of approximately 4.83 million yuan, a year-on-year decline of 505.20%, with a gross profit margin of 6.22% [1] - The company's current price-to-earnings ratio (TTM) is -149.10, and the price-to-book ratio is 4.13, with a total market capitalization of 3.827 billion yuan [2] - The industry average price-to-earnings ratio is 67.40, and the industry median is 41.72, indicating that the company is significantly below industry performance metrics [2]

证券代码：603722 证券简称：阿科力 公告编号：2025-027 无锡阿科力科技股份有限公司 关于召开 2024 年度暨 2025 年第一季度业绩暨现金分 红说明会的公告 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： https://roadshow.sseinfo.com/） 会议召开方式：上证路演中心网络互动 投资者可于 2025 年 05 月 09 日(星期五)至 05 月 15 日(星期四)16:00 前登录 上证路演中心网站首页点击"提问预征集"栏目或通过公司邮箱 zq@chinaacryl.com 进行提问。公司将在说明会上对投资者普遍关注的问题进行 回答。 无锡阿科力科技股份有限公司（以下简称"公司"）已于 2025 年 4 月 30 日 发布公司 2024 年度报告及 2025 年第一季度报告，为便于广大投资者更全面深入 地了解公司 2024 年度以及 2025 年第一季度的经营成果、财务状况，公司计划于 2025 年 05 月 16 日下午 15:00-16:00 举行 2024 年度暨 ...

Investment Rating - The investment rating for the company is "Buy" and is maintained [7]. Core Views - The company is expected to achieve a revenue of 466 million yuan in 2024, a year-on-year decrease of 13.14%, with a net profit attributable to shareholders of -20 million yuan, indicating a loss compared to the previous year [2][4]. - The company is focusing on the production of cyclic olefin copolymer (COC), which is anticipated to fill a market gap in high-transparency materials in China, as the domestic production of COC is currently non-existent and relies entirely on imports [10]. - The COC project is set to begin trial production in the third quarter of 2024, with plans for mass production and sales in 2025, which is expected to significantly enhance the company's growth potential [10]. Financial Performance Summary - In 2024, the company is projected to have total revenue of 466 million yuan, with a gross profit of 34 million yuan, resulting in a gross margin of 7% [18]. - The net profit for 2025 is forecasted to be 35 million yuan, with a significant increase to 264 million yuan in 2026 and 461 million yuan in 2027, reflecting a strong growth trajectory [18]. - The earnings per share (EPS) is expected to improve from -0.22 yuan in 2024 to 4.81 yuan by 2027, indicating a recovery and growth in profitability [18].

Core Insights - The stock of Akolee closed at 39.5 yuan, up 3.24%, with a latest price-to-book ratio of 4.08, marking a new low in 20 days, and a total market capitalization of 3.78 billion yuan [1] - As of the first quarter of 2025, three institutions held shares in Akolee, with a total of 731,000 shares valued at 3 million yuan [1] - Akolee specializes in the research, production, and sales of new chemical materials, including polyether amines and optical-grade polymer materials [1] - The company has received multiple accolades, including being recognized as a national-level specialized and innovative small giant enterprise and a high-tech enterprise in Jiangsu Province [1] - As of December 31, 2024, Akolee holds 30 authorized national invention patents and one U.S. invention patent, with 16 additional national invention patents pending [1] - The latest financial report for the first quarter of 2025 shows revenue of 106 million yuan, a year-on-year increase of 2.70%, and a net profit of -4,825,999.14 yuan, reflecting a year-on-year decline of 505.20% [1] Financial Metrics - Akolee's price-to-earnings (P/E) ratio (TTM) is -147.27, and the static P/E ratio is -192.36, with a price-to-book ratio of 4.08 and a total market capitalization of 3.78 billion yuan [2] - The industry average P/E ratio is 66.29 (TTM) and 68.15 (static), with an average price-to-book ratio of 3.43 and a total market capitalization of 4.76 billion yuan [2] - The industry median P/E ratio is 39.90 (TTM) and 41.91 (static), with a median price-to-book ratio of 2.44 and a median market capitalization of 3.36 billion yuan [2]

Investment Rating - The investment rating for the company is "Buy" (maintained) [1][4][5] Core Views - The company's main business is under pressure, but the COC (Cyclic Olefin Copolymer) industrialization is expected to take off, leading to a maintained "Buy" rating [4][5] - In 2024, the company achieved revenue of 466 million yuan, a year-on-year decrease of 13.14%, and a net profit attributable to shareholders of -19.65 million yuan, indicating a shift from profit to loss [4][5] - The first quarter of 2025 saw revenue of 106 million yuan, a year-on-year increase of 2.70%, but a net profit of -4.83 million yuan, again indicating a loss [4][5] - The company is facing intense competition in its main business of polyether amine products, leading to price declines and subsequent losses [4][5] - The COC production line is expected to officially start mass production in 2025, with significant market anticipation [5][6] Financial Summary - Revenue and profit forecasts for 2025-2027 have been adjusted downwards, with expected net profits of 21 million yuan, 105 million yuan, and 254 million yuan respectively [4][8] - The corresponding EPS (Earnings Per Share) is projected to be 0.23 yuan, 1.19 yuan, and 2.89 yuan for the years 2025-2027 [4][8] - The current stock price corresponds to P/E ratios of 201.0, 39.4, and 16.2 for the years 2025-2027 [4][8] - The company has signed a strategic cooperation agreement with Poly New Energy, which is expected to positively impact future operating performance [6][8]

无锡阿科力科技股份有限公司 2024 年度独立董事述职报告 各位股东及股东代表： 本人高烨作为无锡阿科力科技股份有限公司（以下简称"公司"）独立董事，在 2024 年度严格按照《公司法》《上市公司独立董事管理办法》《上市公司治理准则》等法 律法规、规范性文件以及《公司章程》的规定和要求，认真、勤勉、独立的履行职责， 积极出席相关会议，认真审议董事会各项议案，充分发挥了独立董事及各专门委员会 委员的作用，切实维护了公司和全体股东的利益。现将本人 2024 年度履行独立董事 职责情况汇报如下： 一、基本情况 （一）个人工作履历、专业背景以及兼职情况 本人高烨，男，1973年出生，中国国籍，无境外永久居留权。1994年至2000年任 无锡公证会计师事务所有限公司业务一部高级经理；2000年至 2016年任江苏公证天 业会计师事务所（特殊普通合伙）业务一部高级经理；2008年至2010年任海润光伏科 技股份有限公司财务总监；2016年至今任无锡科睿坦电子科技股份有限公司董事长助 理。 （二）是否存在影响独立性的情况 作为公司独立董事，我本人及我的直系亲属、主要社会关系没有在公司及其附属 企业任职，我本人及我的直系亲属 ...