Core Viewpoint - Jiangsu Lidao New Materials Co., Ltd. has maintained a stable credit rating of A+ due to its capacity advantages in the color-coated aluminum industry and established partnerships with well-known enterprises in various downstream sectors, although it faces challenges such as increased competition and declining profitability [2][4]. Company Overview - Jiangsu Lidao specializes in the research, production, and sales of aluminum products, including color-coated aluminum for construction, food packaging aluminum, and rolled aluminum [7]. - The company has invested in a new project in Anhui Province, which is expected to produce 86,000 tons of new aluminum materials, including battery aluminum foil [17]. Financial Performance - The company reported a net loss of 0.12 billion yuan in 2023, marking its first loss since going public, attributed to intensified industry competition and weak demand in certain downstream sectors [4][5]. - As of March 2025, total assets were 25.74 billion yuan, with total liabilities at 5.31 billion yuan, indicating a debt-to-capital ratio of 26.28% [3][5]. Industry Environment - The color-coated aluminum industry is experiencing weak demand in the construction sector, while the food packaging aluminum market is expanding due to regulatory support and consumer preferences [9][11]. - The battery aluminum foil market is growing rapidly due to the surge in the electric vehicle sector, with production expected to exceed 55,000 tons in 2025 [12][13]. Operational Challenges - The company faces pressure on working capital due to increased inventory and accounts receivable, with operating cash flow expected to be negative in 2024 [5][6]. - New production capacities in Changzhou and Zhaoqing are underutilized, with utilization rates below 70%, leading to challenges in customer acquisition and capacity digestion [4][16]. Future Outlook - The company is expected to maintain a stable credit outlook, supported by its production experience and diverse product applications, despite facing operational and financial risks [5][6]. - The cancellation of export tax rebates for aluminum products starting December 2024 poses a potential risk to the company's export business and profitability [4][16].

重要内容提示： 根据中国证券监督管理委员会《上市公司证券发行注册管理办法》《公司债 券发行与交易管理办法》和《上海证券交易所股票上市规则》等有关规定，江苏 丽岛新材料股份有限公司（以下简称"公司"）委托信用评级机构中证鹏元资信 评估股份有限公司（以下简称"中证鹏元"）对本公司在 2023 年已发行的可转 换公司债券（债券简称："丽岛转债"，债券代码：113680）进行了跟踪评级。 公司前次主体长期信用等级为"A+"，"丽岛转债"前次信用等级为"A+"， 评级展望为"稳定"，评级机构为中证鹏元，评级时间为 2024 年 5 月 21 日。 中证鹏元在对公司经营状况、行业情况进行综合分析与评估的基础上，于 2025 年 6 月 20 日出具了《丽岛新材：相关债券 2025 年跟踪评级报告》,本次公 司主体长期信用等级为"A+"，"丽岛转债"信用等级为"A+"，评级展望为 "稳定"。本次评级结果较前次没有变化。 本次信用评级报告详见同日披露于上海证券交易所网（www.sse.com.cn）及 指定媒体的《丽岛新材：相关债券 2025 年跟踪评级报告》。 | 证券代码：603937 | 证券简称：丽岛新材 | 公告编 ...

江苏丽岛新材料股份有限公司相 关债券 2025 年跟踪评级报告 中鹏信评【2025】跟踪第【347】号 01 信用评级报告声明 除因本次评级事项本评级机构与评级对象构成委托关系外，本评级机构及评级从业人员与评级对象不存 在任何足以影响评级行为独立、客观、公正的关联关系。 本评级机构与评级从业人员已履行尽职调查义务，有充分理由保证所出具的评级报告遵循了真实、客观、 公正原则，但不对评级对象及其相关方提供或已正式对外公布信息的合法性、真实性、准确性和完整性 作任何保证。 本评级机构依据内部信用评级标准和工作程序对评级结果作出独立判断，不受任何组织或个人的影响。 本评级报告观点仅为本评级机构对评级对象信用状况的个体意见，不作为购买、出售、持有任何证券的 建议。本评级机构不对任何机构或个人因使用本评级报告及评级结果而导致的任何损失负责。 本次评级结果自本评级报告所注明日期起生效，有效期为被评证券的存续期。同时，本评级机构已对受 评对象的跟踪评级事项做出了明确安排，并有权在被评证券存续期间变更信用评级。本评级机构提醒报 告使用者应及时登陆本公司网站关注被评证券信用评级的变化情况。 本评级报告版权归本评级机构所有，未经授 ...

Group 1 - BYD reported August sales of 174,915 new energy vehicles, a year-on-year increase of 184.84% [1] - Cumulative sales from January to August reached 978,795 units, representing a year-on-year growth of 267.31% [1] - The company sold 5,092 new energy passenger vehicles overseas in August [1] Group 2 - Zhongke Electric's subsidiary plans to establish a joint venture with Chongqing Fudi for the production of anode materials, with a registered capital of 1 billion RMB [2] - Zhongke Electric's subsidiary will contribute 650 million RMB, while Chongqing Fudi will contribute 350 million RMB [2] Group 3 - Yuyuan Group intends to transfer 13% of its shares in Jinhuijiu for approximately 1.937 billion RMB, reducing its stake to 25% [3] - The company plans to further reduce its holdings by more than 5% within the next six months [3] Group 4 - Lizhu Group's recombinant COVID-19 fusion protein vaccine has been included in the emergency use for sequential booster immunization [4] Group 5 - Guanghui Energy plans to repurchase shares worth between 800 million and 1 billion RMB to support employee stock ownership plans [5] Group 6 - Cambrian has launched four cloud-based intelligent chips, although mass sales will require a longer time frame and initial technical service investments [7] Group 7 - LePu Medical has received approval from the China Securities Regulatory Commission for the issuance of Global Depositary Receipts (GDRs) and listing on the Swiss Stock Exchange [9] - The GDR issuance will correspond to no more than 180,458,875 new A-shares [9] Group 8 - Fushi Holdings' subsidiary has entered into an exclusive advertising agency cooperation with the Central Radio and Television Station's automotive channel for three years [10] Group 9 - Guangzhou Port's container throughput in August was 1.981 million TEUs, a year-on-year increase of 2.4% [11] - The total cargo throughput for August was 44.788 million tons, a decrease of 0.6% [11] Group 10 - Ningbo Port expects to complete a container throughput of 3.58 million TEUs in August, a year-on-year increase of 10.2% [12] - The total cargo throughput is projected to decline by 3.0% [12] Group 11 - Ming Tai Aluminum reported a 7% year-on-year decrease in aluminum plate and strip sales in August, while aluminum profile sales increased by 47% [13] Group 12 - Electric Power Investment plans to invest in multiple wind and solar projects, with total static investments of 1.585 billion RMB for wind and 538 million RMB for solar [14] Group 13 - Northeast Pharmaceutical has signed a cooperation agreement with MedAbome for the development of the MAb11-22.1 antibody project [19] Group 14 - New Five Feng plans to acquire equity in Tianxin Seed Industry and several other companies for a total price of approximately 2.208 billion RMB [26] Group 15 - Sumeida's subsidiary plans to transfer 100% equity of eight photovoltaic power station project companies, with an estimated transaction value of 657 million RMB [27] Group 16 - *ST Tongzhou intends to acquire 51% equity in Tongtaiwei, fulfilling the capital contribution obligation of 10.2 million RMB [29] Group 17 - Tianyin Holdings' subsidiary plans to invest 120 million RMB in Xundong Xintong to acquire 40% equity [30] Group 18 - Hainan Haiyao plans to publicly transfer 43% equity in Shanghai Lishengte to attract new investors [31] Group 19 - New Asia Process plans to transfer 7.76% of its shares to Xiangcai New Materials at a price of 5.274 RMB per share [32] Group 20 - Lanwei Medical plans to raise no more than 664 million RMB through a private placement for provincial laboratory construction projects [34] Group 21 - Lida New Materials plans to issue convertible bonds to raise no more than 300 million RMB for a new aluminum material project [35] Group 22 - Gekewei has successfully launched its 12-inch CIS integrated circuit project, achieving over 95% yield [51] Group 23 - Baijin Medical's tricuspid valve ring product has received registration approval [52] Group 24 - Shanghai Pharmaceuticals has received approval to initiate Phase I clinical trials for a recombinant anti-CD20 humanized monoclonal antibody [53] Group 25 - Junda Co. has increased the production capacity of its solar cell production base project from 8GW to 10GW [54]

江苏丽岛新材料股份有限公司 关于公司财务总监辞职的公告（更新版） 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。 江苏丽岛新材料股份有限公司（以下简称"公司"）董事会于近日收到公司 财务总监金娜艳女士递交的书面辞职报告。金娜艳女士因个人原因申请辞去公司 财务总监职务，辞任后不再担任公司任何职务。公司及公司董事会对金娜艳女士 任职财务总监期间为公司发展所做的贡献表示衷心感谢。 证券代码：603937 证券简称：丽岛新材 公告编号：2025-027 一、高级管理人员离任情况 特此公告。 二、其他 金娜艳女士将基于诚信原则完成涉及公司的未尽事宜，保守公司秘密，履行 与公司约定的各项义务。 | 姓名 | 离任职务 | 离任时间 | 原定任期 | | 是否继续在上市 | 具体职务 | 是否存在未 | | --- | --- | --- | --- | --- | --- | --- | --- | | | | | 到期日 | 离任原因 | 公司及其控股子 公司任职 | （如适用） | 履行完毕的 公开承诺 | | 金娜艳 | 财务总监 ...

Group 1 - China State Construction signed new contracts totaling 1.52 trillion yuan from January to April, representing a year-on-year increase of 2.8% [1] - Yongpu Medical's subsidiary obtained a medical device business license valid until May 7, 2030, allowing it to engage in medical device retail and wholesale [1] - Ningbo Maritime received a government subsidy of 4.42 million yuan, which will impact its net profit for the fiscal year 2025 [1] Group 2 - Mingpu Optoelectronics obtained a patent for a magnetic powder core and its preparation method, enhancing its capabilities in magnetic materials technology [1] - Digital Zhitong plans to establish a wholly-owned subsidiary in Beijing with a registered capital of 5 million yuan [1] - Zhongmin Energy's shareholder plans to reduce its stake by up to 0.28% of the company's total shares [1][6] Group 3 - Tunnel Holdings' controlling shareholder intends to increase its stake in the company by investing between 250 million to 500 million yuan [1] - China Telecom appointed Liu Guiqing as the new President and COO [1] - Datang Power completed the issuance of 3 billion yuan in medium-term notes, with proceeds aimed at repaying debt and supplementing working capital [1] Group 4 - *ST Weihai won a bid for a flood control project worth 182 million yuan, accounting for 7.35% of its audited revenue for 2024 [1] - Huijin Tong announced a cash dividend of 0.0868 yuan per share, totaling 29.44 million yuan [1] - Xinkai Energy's shareholders plan to reduce their holdings by a combined total of 4% of the company's shares [1][39] Group 5 - Xinhuan Group's subsidiary won a 1.02 billion yuan nuclear power project contract [1] - Southern Airlines reported a 12.14% year-on-year increase in passenger turnover for April [1] - Xinjiang Torch plans to acquire 100% equity of Yushan Litai for 125 million yuan [1]

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。 江苏丽岛新材料股份有限公司（以下简称"公司"）董事会于近日收到公司 财务总监金娜艳女士递交的书面辞职报告。金娜艳女士因个人原因申请辞去公司 财务总监职务，辞任后不再担任公司任何职务。根据《公司法》《公司章程》等 有关规定，金娜艳女士的辞职报告自送达公司董事会之日起生效。公司及公司董 事会对金娜艳女士任职财务总监期间为公司发展所做的贡献表示衷心感谢。 公司董事会将按照法定程序尽快完成财务总监的聘任工作，并及时履行信息 披露义务。 特此公告。 江苏丽岛新材料股份有限公司董事会 2025 年 5 月 17 日 证券代码：603937 证券简称：丽岛新材 公告编号：2025-026 江苏丽岛新材料股份有限公司 关于公司财务总监辞职的公告 ...

耳大魔7层、8层 电话:010-88004488/66090088 传真:010-66090016 邮编 · 1 北京国枫律师事务所 关于江苏丽岛新材料股份有限公司 2024 年年度股东大会的 法律意见书 国枫律股字[2025]A0157 号 致: 江苏丽岛新材料股份有限公司（贵公司） 北京国枫律师事务所(以下简称"本所")接受贵公司的委托,指派律师出席并见 证贵公司 2024年年度股东大会(以下简称"本次会议")。 本所律师根据《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》(以下简称 "《股东会规则》")、《律师事务所从事证券法律业务管理办法》(以下简称"《证券法律 业务管理办法》")、《律师事务所证券法律业务执业规则（试行》（以下简称"《证券法 律业务执业规则》")等相关法律、行政法规、规章、规范性文件及《江苏丽岛新材料服 份公司章程》(以下简称"《公司章程》")的规定,就本次会议的召集与召开程序、召集 人资格、出席会议人员资格、会议表决程序及表决结果等事宜,出具本法律意见书。 对本法律意见书的出具,本所律师特作如下声明: ...

证券代码：603937 证券简称：丽岛新材 公告编号：2025-025 江苏丽岛新材料股份有限公司 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。 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 9 日 (二)股东大会召开的地点：丽岛新材会议室 (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 | 60 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 132,942,559 | | 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（%） | 63.6451 | (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。 本次股东大会由公司董事会召集，董事长蔡征国先生主持，大会采用现场投 票和网络投票相结合的方式进行表决。其中：出席本次股东大会现场会议的股东 或股东代表以记名表决的方式对本次股 ...

本次公司不分配不转赠。 一、主要会计数据和财务指标 | 报告期指标 | 2025年一季报 | 2024年一季报 | 本年比上年增减(%) | 2023年一季报 | | --- | --- | --- | --- | --- | | 基本每股收益（元） | -0.0600 | 0.0100 | -700 | 0.0700 | | 每股净资产（元） | 7.4 | 7.72 | -4.15 | 7.59 | | 每股公积金(元) | 2.64 | 2.64 | 0 | 2.64 | | 每股未分配利润(元) | 3.29 | 3.62 | -9.12 | 3.52 | | 每股经营现金流(元) | - | - | - | - | | 营业收入(亿元) | 4.11 | 3.09 | 33.01 | 3.7 | | 净利润(亿元) | -0.12 | 0.01 | -1300 | 0.15 | | 净资产收益率(%) | -0.78 | 0.07 | -1214.29 | 0.93 | 数据四舍五入，查看更多财务数据>> 二、前10名无限售条件股东持股情况 前十大流通股东累计持有： 14108.01万股，累计占流通 ...