证券代码：605377 证券简称：华旺科技 公告编号：2024-070 杭州华旺新材料科技股份有限公司董事集中竞价减 持股份计划公告 本公司董事会、全体董事及相关股东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： 董事、高级管理人员持股的基本情况 截至本公告披露日，杭州华旺新材料科技股份有限公司（以下简称"公司"） 董事、高级管理人员张延成先生持有公司股份 6,671,728 股，占公司总股本的 1.4357%。 集中竞价减持计划的主要内容 张延成先生计划自本公告披露之日起 15 个交易日后的 3 个月内（窗口期内 不得减持股份），通过上海证券交易所集中竞价交易方式减持公司股份不超过 1,600,000 股，即不超过公司总股本的 0.3443%；本次减持价格将根据减持时的市 场价格确定。若减持期间公司有送股、资本公积金转增股本、配股等股份变动事 项，将根据股本变动对减持数量进行相应调整。 | 张延成 | 董事、监事、 | 6,671,728 | 1.4357% | 前取得：3,142,020 股 IPO 其他方式取得：3,529,7 ...

Group 1: Financial Performance - In the first three quarters of 2024, the company achieved operating revenue of 2.851 billion CNY, a year-on-year decrease of 4.45% [2] - The net profit attributable to shareholders of the listed company was 409 million CNY, a year-on-year increase of 2.94% [2] Group 2: Competitive Position - The company is one of the few domestic enterprises that master core technology and have the capability for multi-variety, customized production of decorative base paper [3] - It has successfully entered the ranks of the global high-end decorative base paper industry [3] Group 3: Contract Liabilities and Production Capacity - The significant year-on-year and month-on-month increase in contract liabilities indicates a favorable order situation, suggesting high production capacity utilization in the fourth quarter [3] - Contract liabilities mainly consist of advance payments received [3] Group 4: Gross Margin Concerns - The decline in gross margin in the third quarter was primarily due to a decrease in the average selling price of certain products [3] - The company advises stakeholders to monitor the regular reports for insights on fourth-quarter operational conditions [3]

Investment Rating - The report maintains a "Buy" rating for the company with a target price not specified [7] Core Views - The company is expected to see operational improvements in Q4 2024, with cost pressures easing and demand likely to recover due to the decline in prices of wood pulp and titanium dioxide [4] - The company is actively expanding its domestic and international market presence, focusing on high-margin products and enhancing competitiveness through quality improvement and brand building [5] - The earnings forecast has been adjusted downwards due to weak terminal demand, with expected net profits for 2024-2026 revised to 5.3 billion, 6.1 billion, and 7.3 billion respectively [6] Financial Data and Valuation - Revenue (in million) is projected to be 3,903.50 in 2024E, with a growth rate of -1.82% [9] - EBITDA (in million) is expected to be 706.57 in 2024E [9] - Net profit attributable to the parent company (in million) is forecasted at 534.03 for 2024E, reflecting a decrease of 5.66% [9] - Earnings per share (EPS) is projected to be 1.15 for 2024E [9] - The price-to-earnings (P/E) ratio is expected to be 10.54 for 2024E [9] - The price-to-book (P/B) ratio is projected at 1.20 for 2024E [9] - The enterprise value to EBITDA (EV/EBITDA) ratio is expected to be 4.78 for 2024E [9]

Investment Rating - The report maintains a "Buy" rating for the company with a target price of 14.64 yuan based on a 12x P/E valuation for 2024 [2][5][7] Core Views - The company reported a revenue of 2.851 billion yuan for the first three quarters of 2024, a year-on-year decrease of 4.45%, while the net profit attributable to the parent company was 409 million yuan, a year-on-year increase of 2.94% [1] - In Q3 2024, the company achieved a revenue of 905 million yuan, with year-on-year and quarter-on-quarter declines of 19.44% and 9.06% respectively, and a net profit of 106 million yuan, down 33.89% year-on-year and 31.51% quarter-on-quarter [1] - The decline in Q3 performance is attributed to product sales structure adjustments, lower average sales prices, high raw material costs, and reduced sales due to maintenance during high-temperature seasons [1] - The report anticipates a release of cost pressures in Q4 and a gradual recovery in demand supported by government policies, which may improve profitability [1] Financial Summary - The company’s projected net profits for 2024-2026 are 566 million, 597 million, and 643 million yuan respectively, with corresponding EPS of 1.22, 1.28, and 1.38 yuan [2][4][7] - Revenue projections for 2024-2026 are 3.991 billion, 4.666 billion, and 5.344 billion yuan, with growth rates of 0.4%, 16.9%, and 14.5% respectively [4][7] - The net profit margin is expected to stabilize around 14.2% for 2024, with a slight decrease to 12.8% and 12.0% in 2025 and 2026 respectively [4][7]

Financial Performance - The company's operating revenue for Q3 2024 was ¥904,550,709.19, a decrease of 19.44% compared to the same period last year[2] - The net profit attributable to shareholders for Q3 2024 was ¥106,372,889.03, down 33.89% year-on-year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥100,009,835.93, a decline of 36.99% compared to the previous year[2] - Basic and diluted earnings per share for Q3 2024 were both ¥0.23, reflecting a decrease of 34.29% year-on-year[3] - Total operating revenue for the first three quarters of 2024 was CNY 2,851,105,671.98, a decrease of 4.4% compared to CNY 2,983,933,742.35 in the same period of 2023[13] - Net profit for the first three quarters of 2024 reached CNY 408,290,744.07, an increase of 3.5% compared to CNY 395,871,820.17 in the same period of 2023[16] - The company reported a total comprehensive income of CNY 408,235,001.67 for the first three quarters of 2024, compared to CNY 395,999,132.09 in the same period of 2023[16] Assets and Liabilities - Total assets at the end of the reporting period were ¥6,108,863,380.93, a decrease of 1.77% from the end of the previous year[3] - The equity attributable to shareholders was ¥3,900,285,267.91, down 2.73% from the previous year[3] - Total liabilities as of the end of the third quarter of 2024 were CNY 2,208,578,113.02, slightly up from CNY 2,203,901,589.27 at the end of the same period in 2023[12] - The total equity attributable to shareholders of the parent company was CNY 3,900,285,267.91, down from CNY 4,009,722,291.81 in the previous year[12] - Current liabilities totaled ¥2,131,053,547.37, slightly increasing from ¥2,126,417,860.88, showing a marginal rise of about 0.03%[11] Cash Flow - Operating cash inflow for the first nine months reached CNY 4,177,623,907.97, an increase of 22.9% compared to CNY 3,396,994,729.19 in the same period last year[17] - Net cash flow from operating activities was CNY 364,702,569.97, a significant recovery from a loss of CNY 44,400,548.07 in the previous year[17] - Cash outflow from investment activities totaled CNY 160,938,247.32, down from CNY 319,415,291.00 in the same period last year, resulting in a net cash flow from investment activities of -CNY 141,873,308.21[18] - Cash inflow from financing activities was CNY 522,414,610.74, compared to CNY 851,579,986.12 in the previous year, leading to a net cash flow from financing activities of -CNY 315,111,951.94[18] - The company's cash and cash equivalents at the end of the period stood at CNY 2,094,032,073.93, slightly down from CNY 2,094,240,498.32 at the end of the previous year[18] Operational Insights - The decline in net profit for the current period was primarily due to a decrease in the average selling price of certain products[6] - Accounts receivable increased significantly to ¥762,072,056.37 from ¥338,568,022.98, marking a growth of approximately 125.5%[10] - The company's inventory decreased to ¥754,896,738.70 from ¥978,783,443.00, reflecting a reduction of about 23%[10] - The company's long-term assets were reported at ¥1,445,859,473.84, a slight decrease from ¥1,460,445,672.44, representing a decline of approximately 1%[11] Research and Development - Research and development expenses for the first three quarters of 2024 totaled CNY 81,479,596.10, a decrease of 5.5% from CNY 86,056,529.89 in the previous year[15] Other Notable Information - The company has not reported any significant changes in shareholder structure or major shareholder activities during the reporting period[8] - There are no new product launches or technological advancements mentioned in the current report, indicating a potential area for future focus[9] - The company has not disclosed any plans for market expansion or mergers and acquisitions in the near term, suggesting a stable operational strategy for the upcoming quarters[9] - The company did not adopt new accounting standards for the current year, maintaining consistency in financial reporting[19]

证券代码：605377 证券简称：华旺科技 公告编号：2024-069 会议召开时间：2024 年 11 月 11 日(星期一)上午 09:00-10:00 会议召开地点：上海证券交易所上证路演中心（网址： 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 2024 年 11 月 4 日（星期一）至 11 月 8 日（星期五）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 hwkjdmb@huawon.cn 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。 杭州华旺新材料科技股份有限公司（以下简称"公司"）已于 2024 年 10 月 29 日发布公司 2024 年第三季度报告，为便于广大投资者更全面深入地了解公 司 2024 年第三季度经营成果、财务状况，公司计划于 2024 年 11 月 11 日上午 09:00-10:00 举行 2024 年第三季度业绩说明会，就投资者关心的问题进行交流。 一、说明会类型 本次投资者说明会以网络互动形式召开，公司将针对 2024 年第三季度的经 营成果及财 ...

公司已于近日完成上述事项的工商变更登记和《公司章程》备案手续，并取 得了浙江省市场监督管理局换发的《营业执照》，相关登记信息如下： 关于完成工商变更登记并换发营业执照的公告 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。 杭州华旺新材料科技股份有限公司（以下简称"公司"）于 2024 年 8 月 15 日、2024 年 9 月 2 日分别召开第四届董事会第六次会议和 2024 年第四次临时股 东大会，审议通过了《关于减少注册资本并修订<公司章程>的议案》，具体内 容详见公司于 2024 年 8 月 16 日在上海证券交易所网站（www.sse.com.cn）披露 的《杭州华旺新材料科技股份有限公司关于减少注册资本并修订<公司章程>的 公告》（公告编号：2024-060）。 证券代码：605377 证券简称：华旺科技 公告编号：2024-068 杭州华旺新材料科技股份有限公司 统一社会信用代码：91330100697093218U 名称：杭州华旺新材料科技股份有限公司 注册资本：肆亿陆仟肆佰柒拾万肆仟玖佰叁拾元 成立日期：200 ...

差异化权益分派事项的 法律意见书 致：杭州华旺新材料科技股份有限公司 北京市中伦（上海）律师事务所 关于杭州华旺新材料科技股份有限公司 差异化权益分派事项的 法律意见书 二〇二四年九月 北京市中伦（上海）律师事务所 关于杭州华旺新材料科技股份有限公司 北京市中伦（上海）律师事务所（以下简称"本所"）接受杭州华旺新材料 科技股份有限公司（以下简称"华旺科技"或"公司"）的委托，就公司 2024 年 半年度利润分配所涉及的差异化权益分派事项（以下简称"本次差异化权益分 派"），出具本法律意见书。 本所根据《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》"）、中国证券监督管理委员会（以下简称"中 国证监会"）发布的《上市公司股份回购规则》（以下简称"《回购规则》"）、上海 证券交易所发布的《上海证券交易所上市公司自律监管指引第 7 号——回购股 份》（以下简称"《回购指引》"）等有关现行的法律、法规、行政规章和规范性文 件的规定，以及《杭州华旺新材料科技股份有限公司章程》（以下简称《公司章 程》），按照律师行业公认的业务标准、道德规范和勤勉尽责精神，本所就公司本 ...

证券代码：605377 证券简称：华旺科技 公告编号：2024-067 杭州华旺新材料科技股份有限公司 2024 年半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： 每股分配比例 A 股每股现金红利 0.42 元 | 股份类别 | 股权登记日 | 最后交易日 | 除权（息）日 | 现金红利发放日 | | --- | --- | --- | --- | --- | | Ａ股 | 2024/9/30 | － | 2024/10/8 | 2024/10/8 | 差异化分红送转： 是 一、 通过分配方案的股东大会届次和日期 本次利润分配方案经公司 2024 年 9 月 2 日的 2024 年第四次临时股东大会审议通过。 二、 分配方案 1. 发放年度：2024 年半年度 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。 根据《公司法》《证券法》《上市公司股份回购规则》《上海证券交易所上市 ...

证券代码：605377 证券简称：华旺科技 公告编号：2024-066 杭州华旺新材料科技股份有限公司 关于调整 2024 年半年度利润分配现金分红总额的公告 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： 现金分红总额：杭州华旺新材料科技股份有限公司（以下简称"公司"） 2024 年半年度利润分配拟每 10 股派发现金红利 4.20 元（含税）不变，派发现金 分红总额由 194,848,999.80 元（含税）调整为 194,834,593.80 元（含税）。 本次调整原因：自 2024 年 8 月 15 日至本公告披露日，因公司在中国证 券登记结算有限责任公司上海分公司办理完成了 34,300 股股权激励限制性股票 回购注销手续，致使公司总股本发生变化，公司拟维持每股分配比例不变，相应 调整分配总额。 一、经股东大会审议通过的 2024 年半年度利润分配方案 公司分别于 2024 年 8 月 15 日召开第四届董事会第六次会议、2024 年 9 月 2 日召开 2024 年第四次临时股东大会，审议通过了《关 ...