证券代码：603737 证券简称：三棵树 公告编号：2025-040 三棵树涂料股份有限公司2024 年年年度权益分派实施公告 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： 相关日期 | 股份 | 股权登记日 | 最后交易日 | 除权（息）日 | 新增无限售条件流 | 现金红利发放日 | | --- | --- | --- | --- | --- | --- | | 类别 | | | | 通股份上市日 | | | Ａ股 | 2025/5/29 | － | 2025/5/30 | 2025/5/30 | 2025/5/30 | 差异化分红送转： 否 一、 通过分配、转增股本方案的股东大会届次和日期 本次利润分配及转增股本方案经公司2025 年 5 月 16 日的2024年年度股东大会 审议通过。 二、 分配、转增股本方案 1. 发放年度：2024 年年度 2. 分派对象： 截至股权登记日下午上海证券交易所收市后，在中国证券登记结算有限责任 公司上海分公司（以下简称"中国结算上海分公司"）登记在册的本公司全体股东 ...

Core Viewpoint - The architectural coating industry is undergoing a significant transformation towards low-carbon and environmentally friendly solutions, driven by China's "dual carbon" strategy and green building standards. The company, Sankeshu, has established itself as a leader in the market, particularly in the imitation stone paint segment, reflecting the resilience of China's manufacturing sector and serving as a model for the new building materials industry [1][2]. Group 1: Market Position and Strategy - Sankeshu has maintained the top market share in imitation stone paint for five consecutive years, leveraging its early strategic positioning in this niche market [1][2]. - The company has developed a unique path by aligning its product offerings with government policies, particularly in the context of the "dual carbon" goals [1][2]. - In 2024, Sankeshu's imitation stone paint sales are projected to exceed 100,000 tons, capturing over 7% of the market share and expanding into Southeast Asian markets [2]. Group 2: Technological Innovations - The company has addressed traditional challenges in imitation stone paint, such as short lifespan and fading, by utilizing nano self-repair technology and a super weather-resistant resin system, significantly enhancing product durability [1][2]. - The new product formulations have achieved over 4,000 hours of UV aging resistance, surpassing the national standard of 2,000 hours, and have been included in the revised draft of the "Green Building Evaluation Standard" [1][2]. Group 3: Environmental and Cultural Impact - The shift towards green building practices is essential for achieving carbon neutrality in urban construction, with Sankeshu's products being used in low-energy urban buildings and renovations of old neighborhoods [2][3]. - The company has introduced a series of imitation stone paints inspired by traditional palace culture, merging cultural heritage with modern aesthetics, making its products popular in high-end villas and cultural tourism projects [3]. - Sankeshu's commitment to social responsibility is evident through initiatives like the "National Coating Competition," which aims to cultivate skilled craftsmen and promote the integration of traditional craftsmanship with modern needs [3][5].

证券代码：603737 证券简称：三棵树 公告编号：2025-039 三棵树涂料股份有限公司 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。 (五)公司董事、监事和董事会秘书的出席情况 二、 议案审议情况 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 16 日 (二)股东大会召开的地点：福建省莆田市荔城区荔园北大道 518 号公司二楼会议 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 | 135 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 400,173,197 | | 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（%） | 75.9324 | (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。 本次会议由公司董事会召集，采取现场和网络投票相结合的方式召开。董事 长洪杰先生主持本 ...

1 关于三棵树涂料股份有限公司 2024 年年度股东大会的 法 律 意 见 书 福建至理律师事务所 地址：福州市鼓楼区洪山园路华润万象城三期 TB#写字楼 22 层 邮政编码：350025 电话：（86 591）8806 5558 传真：（86 591）8806 8008 网址：www.zenithlawyer.com 福建至理律师事务所 关于三棵树涂料股份有限公司 2024 年年度股东大会的法律意见书 闽理非诉字〔2025〕第 090 号 致：三棵树涂料股份有限公司 福建至理律师事务所（以下简称本所）接受三棵树涂料股份有限公司（以下 简称公司）之委托，指派林涵、韩叙律师出席公司 2024 年年度股东大会（以下 简称本次会议），并依据《中华人民共和国公司法》（以下简称《公司法》）、《中 华人民共和国证券法》（以下简称《证券法》）、《上市公司股东会规则》、《上海证 券交易所上市公司自律监管指引第 1 号——规范运作》（以下简称《自律监管指 引第 1 号》）等有关法律、法规、规范性文件以及《三棵树涂料股份有限公司章 程》（以下简称《公司章程》）之规定出具法律意见。 对于本法律意见书，本所律师声明事项： 1.本所及 ...

Investment Rating - The industry investment rating is "Positive" and maintained [12] Core Viewpoints - The monetary policy has been intensified, with simultaneous reductions in reserve requirements and interest rates, which is expected to support the real estate market and stabilize housing demand [5][21] - Cement prices continue to decline, while glass inventory has increased on a month-on-month basis [6][40] - Recommendations include focusing on the African supply chain and domestic substitution chain, with leading companies being the main investment focus for the year [8][9] Summary by Sections Monetary Policy - The People's Bank of China announced a 0.5 percentage point reduction in the reserve requirement ratio, expected to provide approximately 1 trillion yuan in long-term liquidity [5] - The policy interest rate was lowered by 0.1 percentage points, with the 7-day reverse repurchase rate decreasing from 1.5% to 1.4% [5][21] - The personal housing provident fund loan interest rate was reduced by 0.25 percentage points, with the rate for first-time homebuyers over five years dropping from 2.85% to 2.6% [5] Cement Market - The average shipment rate for cement companies in key regions was 48%, down approximately 1.4 percentage points month-on-month and 6.3 percentage points year-on-year [6] - National cement prices decreased by 1.2% month-on-month, with regional production issues contributing to the price decline [6][25] - The national average cement price was 387.42 yuan/ton, a decrease of 4.52 yuan/ton month-on-month, but an increase of 25.16 yuan/ton year-on-year [26] Glass Market - The overall price of float glass has seen more declines than increases, with a slight downward shift in price levels [7][40] - The production capacity of float glass decreased, with 220 out of 286 production lines operational, and daily melting capacity reduced to 156,505 tons [7] - The total inventory of glass in monitored provinces increased by 191 million weight boxes, a rise of 3.39% [7][40] Recommended Companies - For the African supply chain, Keda Manufacturing is recommended as a leading local player with advantages in production, channels, and brand [8] - For domestic substitution, companies such as China National Materials, Puyang Huicheng, and Meijiaxin Color are highlighted due to their strong market positions and growth potential [8] - The report emphasizes the importance of existing leading companies as a stable investment focus for 2025 [9]

Core Viewpoint - The 2024 Annual General Meeting of SanKe Tree Co., Ltd. is organized to ensure the rights of shareholders and to discuss various proposals including financial performance and future financing plans [1][2][3] Meeting Procedures - Shareholders must arrive 15 minutes before the meeting to complete registration and present necessary documents [2] - Shareholders wishing to speak must register 15 minutes prior to the meeting, with a limit of ten speakers based on shareholding [2][3] - The meeting will utilize a named voting method for decision-making, with results announced by the chairperson [3][4] Financial Performance - The company reported a total revenue of 1,210,508.40 million yuan in 2024, a decrease of 2.97% from the previous year [22] - Net profit for the year was 33,193.91 million yuan, an increase of 91.27% compared to the previous year [22][20] - Total assets decreased by 1.03% to 1,399,286.98 million yuan, while total liabilities decreased by 3.61% to 1,102,160.99 million yuan [14][17] Key Financial Metrics - Operating profit increased by 34.30% to 27,558.31 million yuan, while total profit rose by 37.94% to 26,223.41 million yuan [22] - The company’s cash flow from operating activities decreased by 28.37% to 100,865.86 million yuan [23] - The company plans to distribute cash dividends amounting to 168,643,993.92 yuan, representing 50.81% of the net profit [24] Future Financing Plans - The company intends to apply for a total credit limit of up to 15 billion yuan from financial institutions for 2025, with a guarantee limit of 9.5 billion yuan [29][30] - The proposed guarantees include 5 billion yuan for entities with a debt-to-asset ratio above 70% and 4.5 billion yuan for those below [30]

三棵树涂料股份有限公司 2024 年年度股东大会会议资料 三棵树涂料股份有限公司 2024 年年度股东大会 会议资料 2025 年 5 月 三棵树涂料股份有限公司 2024 年年度股东大会会议资料 三棵树涂料股份有限公司 2024 年年度股东大会 会议须知 各位股东及股东代理人： 为维护投资者的合法权益，确保三棵树涂料股份有限公司（以下简称"公司"） 2024 年年度股东大会的顺利召开，依据中国证券监督管理委员会（以下简称"中 国证监会"）《上市公司股东会规则》等有关规定，制定会议须知如下： 一、公司根据《中华人民共和国公司法》（以下简称"《公司法》"）、《中华 人民共和国证券法》（以下简称"《证券法》"）、《上市公司股东会规则》和《三 棵树涂料股份有限公司章程》（以下简称"《公司章程》"）的规定，认真做好召 开股东大会的各项工作。 二、公司证券部具体负责会议有关程序方面的事宜。 三、为保证股东大会的严肃性和正常秩序，切实维护与会股东（包含股东 代理人，下同）的合法权益，除出席会议的股东、公司董事、监事、高级管理 人员、公司聘请的律师及董事会邀请的人员外，公司有权依法拒绝其他人员进 入会场。 四、出席会议的股 ...

证券代码：603737 证券简称：三棵树 公告编号：2025-038 三棵树涂料股份有限公司董事会 三棵树涂料股份有限公司 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 2025 年 5 月 10 日 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。 为进一步加强与投资者的互动交流，三棵树涂料股份有限公司（以下简称"公 司"）将参加由福建证监局、福建省上市公司协会主办与深圳市全景网络有限公 司联合举办的"2025 年福建辖区上市公司投资者网上集体接待日活动"，现将相 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）14:00-17:00。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 划和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 ...

中国化工品牌价值增幅最大，荣盛石化首现前五。 【中国北京】当地时间2025年5月7日，《Brand Finance（品牌金融）2025年全球化工品牌价值榜》正式发布。报告包含全球化工品牌价值50强与全球油漆涂 料品牌价值10强的权威排名。凤凰网作为中国独家首发媒体，同步公布该报告的最新动态。 报告显示，全球前50大化工品牌的总价值下降了1.6%，目前为824.5亿美元，这一变化主要归因于美国和德国等关键西方市场表现欠佳。相比之下，中国化 工品牌在2025年实现了显著的品牌价值增长，增幅达到17.6%。 荣盛石化的品牌价值同比增长5.6%，达到32.3亿美元，排名上升一位，成为首个进入全球化工品牌价值排行榜前五的中国品牌，展现出卓越的市场竞争力。 近期，公司舟山绿色石化基地二期项目的顺利投产，标志着其在高端聚酯材料领域实现了关键技术突破。此外，荣盛石化在海外市场拓展方面亦取得新的进 展，与沙特阿美合资建设的炼化一体化项目稳步推进，进一步巩固并提升了品牌的国际影响力。 万华（品牌价值增长39.8%，达到20.1亿美元）、卫星化学（品牌价值增长33.9%，达到6.4亿美元）以及恒力石化（品牌价值增长31.9%，达到 ...

Core Viewpoint - The company has shown stable revenue and significant improvement in profitability, with a focus on high-quality development and market share growth in retail and industrial coatings [2][3][4]. Financial Performance - In 2024, the company achieved operating revenue of 12.105 billion yuan, a year-on-year decrease of 2.97%, while net profit attributable to shareholders was 332 million yuan, an increase of 91.27% [2]. - For Q1 2025, the company reported operating revenue of 2.130 billion yuan, a year-on-year increase of 3.12%, and net profit attributable to shareholders of 105 million yuan, a growth of 123.33% [2]. Industry Context - The coatings industry is experiencing strategic development opportunities, with market concentration increasing and a shift towards green transformation becoming a hard requirement [3]. - The total output of China's coatings industry in 2024 was 35.341 million tons, a year-on-year decrease of 1.60% [3]. Business Strategy - The company is committed to high-quality development, enhancing its retail market share, and improving the efficiency of its engineering business [3]. - The company is expanding from architectural coatings to industrial coatings, with rapid growth in new sectors such as industrial plants and hotel renovations [3]. Profit Forecast and Investment Rating - The company is expected to achieve operating revenues of 13.028 billion yuan, 14.405 billion yuan, and 15.967 billion yuan for 2025, 2026, and 2027 respectively, with net profits of 771 million yuan, 994 million yuan, and 1.189 billion yuan [4]. - The current stock price corresponds to a price-to-earnings ratio (PE) of 33.6, 26.0, and 21.7 for the years 2025, 2026, and 2027 respectively, with an initial coverage rating of "Buy" [4].