证券代码：605399 证券简称：晨光新材 公告编号：2025-038 江西晨光新材料股份有限公司 关于开展外汇衍生品交易业务的公告 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： 交易目的：江西晨光新材料股份有限公司（以下简称"公司"）及合并 报表范围内子公司销售和采购均有相当比例来源于境外，产品出口与境外采购主 要以美元结算。若主要结算货币兑人民币汇率出现较大波动，则将对公司的经营 业绩造成影响。为提高应对汇率波动的能力，更好地规避和防范汇率与利率波动 风险，公司及合并报表范围内子公司拟适度开展外汇衍生品交易业务，加强公司 外汇风险管理，有效降低外汇市场波动对公司经营产生的不可预期影响。 交易品种及工具：包括远期结售汇、外汇掉期、外汇期权、利率掉期、 利率期权、货币掉期等业务或业务的组合。外币币种主要为美元。 交易场所：经中国人民银行及国家外汇管理局批准、具有外汇衍生品交 易业务经营资格，信用良好且与公司建立长期业务往来的金融机构。 交易金额：自董事会审议通过之日起十二个月内累计交易金额不超过 9,000 ...

证券代码：605399 证券简称：晨光新材 公告编号：2025-037 江西晨光新材料股份有限公司 关于使用自有资金进行现金管理的公告 履行的审议程序：江西晨光新材料股份有限公司（以下简称"公司"） 于 2025 年 8 月 14 日分别召开第三届董事会第十三次会议和第三届监事会第 十一次会议，审议通过了《关于使用自有资金进行现金管理的议案》。 特别风险提示：尽管公司本次现金管理选择安全性高、流动性好、保 本型或中低风险的理财产品，但金融市场受宏观经济的影响较大，不排除该 项投资受到宏观经济因素影响存在一定的系统性风险。 一、投资情况概述 （一）投资目的 在不影响公司正常发展，保证公司运营资金需求和资金安全的前提下，通过 使用自有资金购买安全性高、流动性好、保本型或中低风险的理财产品，可以提 高公司资金使用效率，降低资金成本，提高资金收益，为公司和股东获得更高的 回报。本次现金管理不会影响公司主营业务的发展，公司资金使用安排合理。 （二）投资金额及期限 公司拟使用不超过 50,000 万元自有资金购买安全性高、流动性好、保本型 或中低风险的理财产品，使用期限不超过 12 个月，在上述额度及决议有效期内， 可循 ...

证券代码：605399 证券简称：晨光新材 公告编号：2025-036 江西晨光新材料股份有限公司 关于召开2025年第二次临时股东会的通知 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： 一、 召开会议的基本情况 (一) 股东会类型和届次 2025年第二次临时股东会 召开的日期时间：2025 年 9 月 9 日 14 点 30 分 召开地点：江西省九江市湖口县金砂湾工业园向阳路 8 号江西晨光新材料股份 有限公司会议室 股东会召开日期：2025年9月9日 本次股东会采用的网络投票系统：上海证券交易所股东大会网络投票系 统 (二) 股东会召集人：董事会 (三) 投票方式：本次股东会所采用的表决方式是现场投票和网络投票相结合的 方式 (四) 现场会议召开的日期、时间和地点 (五) 网络投票的系统、起止日期和投票时间。 网络投票系统：上海证券交易所股东大会网络投票系统 网络投票起止时间：自2025 年 9 月 9 日 至2025 年 9 月 9 日 三、 股东会投票注意事项 采用上海证券交易所网络投票系统，通过交易 ...

证券代码：605399 证券简称：晨光新材 公告编号：2025-034 江西晨光新材料股份有限公司 第三届监事会第十一次会议决议公告 本公司监事会及全体监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。 一、监事会会议召开情况 江西晨光新材料股份有限公司（以下简称"公司"）于 2025 年 8 月 4 日以书 面方式发出第三届监事会第十一次会议通知，会议于 2025 年 8 月 14 日在江西省 九江市湖口县金砂湾工业园向阳路 8 号公司会议室以现场会议的方式召开，本次 会议应出席监事 3 人，实际出席监事 3 人。 本次监事会会议由监事会主席葛利伟先生主持。本次会议的召集、召开和表 决程序符合有关法律、法规和《江西晨光新材料股份有限公司章程》（以下简称 "《公司章程》"）的规定，会议形成的决议合法有效。 二、监事会会议审议情况 （一）审议通过《关于<公司 2025 年半年度报告及其摘要>的议案》 公司监事会根据《中华人民共和国证券法》第八十二条的规定和《公开发行 证券的公司信息披露内容与格式准则第 3 号——半年度报告的内容与格式》的相 关规定与 ...

证券代码：605399 证券简称：晨光新材 公告编号：2025-033 江西晨光新材料股份有限公司 第三届董事会第十三次会议决议公告 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。 为符合对上市公司的规范要求，进一步完善公司治理，根据《中华人民共和 一、董事会会议召开情况 江西晨光新材料股份有限公司（以下简称"公司"或"晨光新材"）于 2025 年 8 月 4 日以电子邮件方式发出第三届董事会第十三次会议通知，会议于 2025 年 8 月 14 日在江西省九江市湖口县金砂湾工业园向阳路 8 号公司会议室以现场 与通讯相结合的方式召开，本次会议应出席董事 7 人，实际出席董事 7 人。 本次董事会会议由董事长丁建峰先生主持，公司监事列席会议。本次会议的 召集、召开和表决程序符合有关法律、法规和《江西晨光新材料股份有限公司章 程》（以下简称"《公司章程》"）的规定，会议形成的决议合法有效。 二、董事会会议审议情况 （一）审议通过《关于<公司 2025 年半年度报告及其摘要>的议案》 董事会认为：公司 2025 年半年度报告及其摘要 ...

Financial Performance - The company's operating revenue for the first half of 2025 was approximately ¥517.32 million, a decrease of 10.39% compared to ¥577.30 million in the same period last year[21]. - The total profit for the period was a loss of ¥680,642.41, down 101.35% from a profit of ¥50.38 million in the previous year[21]. - The net profit attributable to shareholders was a loss of ¥4.29 million, representing a decline of 110.23% compared to a profit of ¥41.92 million in the same period last year[21]. - The basic earnings per share decreased to -¥0.01, down 107.69% from ¥0.13 in the previous year[20]. - The net cash flow from operating activities was -¥743,721.47, compared to -¥15.05 million in the same period last year, indicating a worsening cash flow situation[21]. - The company reported a net profit of -2,132,878.67 RMB for the first half of the year, a decrease of 104.66% compared to the same period last year, which was 45,761,428.98 RMB[28]. - The company's total assets decreased by 3.24% to approximately ¥3.29 billion from ¥3.40 billion at the end of the previous year[21]. - The net assets attributable to shareholders decreased by 1.36% to approximately ¥2.17 billion from ¥2.20 billion at the end of the previous year[21]. - The weighted average return on net assets was -0.19%, a decrease of 2.08 percentage points from 1.89% in the previous year[22]. - The company’s total comprehensive income for the first half of 2025 was -¥3,589,648.94, compared to ¥41,733,682.24 in the previous year, indicating a substantial decline[143]. Industry and Market Conditions - The company attributed the decline in performance to intensified industry competition, increased asset impairment losses, and higher costs from subsidiaries in the early stages of production and construction[23]. - The functional silane industry in China is projected to produce approximately 401,400 tons in 2024, accounting for over 70% of the global total, with a demand of about 272,500 tons, reflecting a year-on-year growth of nearly 10%[30]. - The company faced risks including macroeconomic fluctuations and downstream capacity surplus, which could negatively impact the functional silane industry and the company's performance[63]. Research and Development - The company has 56 ongoing R&D projects in various stages, focusing on new functional silanes and green production processes, aiming to enhance its market competitiveness[34]. - The company’s R&D expenses amounted to CNY 24,532.43 million, a slight increase of 0.80% year-on-year[39]. - The company is focusing on the development of special silane products for emerging applications in photovoltaic and semiconductor industries, driving innovation in its product offerings[31]. - The construction of the functional silane development and application R&D center is prioritized to meet urgent market demands, with a focus on developing new products and technologies[109]. Corporate Governance and Compliance - The company is committed to improving governance and compliance, revising internal regulations to enhance decision-making efficiency and risk control[68]. - The company has implemented a robust risk management framework to address safety production risks associated with hazardous chemicals used in its manufacturing processes[64]. - The company has not engaged in speculative derivative investments during the reporting period[56]. - The company has disclosed risk analysis and control measures for derivative positions, including market, liquidity, credit, operational, and legal risks[55]. Shareholder Relations and Stock Management - The company has not proposed any profit distribution or capital reserve transfer plans for this reporting period[6]. - The company reported a cash dividend payout ratio of 60.97% over the last three accounting years, emphasizing a commitment to shareholder returns[67]. - The controlling shareholders committed to not transferring or entrusting their shares for 36 months post-listing, with an automatic 6-month extension if stock prices fall below the issue price for 20 consecutive trading days[80]. - The company will hold a board meeting within 5 days to discuss the stabilization plan if conditions are met, followed by a shareholder meeting within 30 days[88]. - The company has implemented a plan to repurchase and cancel shares as part of its stock incentive program adjustments[74]. Financial Position and Assets - The company's total assets decreased to ¥3,294,211,856.36 from ¥3,404,366,421.50, reflecting a decline of approximately 3.2%[136]. - The company's total liabilities decreased to ¥1,120,534,372.35 from ¥1,200,665,896.94, a reduction of about 6.7%[136]. - The company's long-term borrowings increased to ¥440,528,531.25 from ¥351,551,520.02, representing an increase of approximately 25.3%[136]. - The company's total non-current assets increased to ¥1,946,493,953.23 from ¥1,822,332,306.51, reflecting a growth of about 6.8%[135]. Social Responsibility and Community Engagement - The company contributed 370,000 CNY to various poverty alleviation and rural revitalization projects in multiple towns and villages[76]. - The company is actively integrating social responsibility into its business development to support rural economic growth and social progress[76]. - The company has committed to addressing poverty alleviation and rural revitalization as part of its corporate strategy[76]. Financial Instruments and Derivatives - The company's derivative financial instruments are accounted for as trading financial assets/liabilities, not subject to hedge accounting regulations[55]. - The company aims to enhance financial stability by conducting foreign exchange hedging related to its operational needs[55]. - The company conducted foreign exchange derivative transactions with a total amount not exceeding $90 million, valid for 12 months from the board's approval date[56]. Capital Structure and Shareholder Equity - The total equity attributable to shareholders decreased to ¥2,174,156,056.32 from ¥2,204,127,679.58, a decrease of about 1.4%[136]. - The total liabilities at the end of the period were approximately 2,173,677,484.00, indicating a slight decrease from the previous period[156]. - The total equity attributable to the parent company at the end of the period was approximately 2,185,230,534.00[157]. Operational Efficiency and Cost Management - The company is focusing on enhancing production efficiency and quality, with ongoing projects in Ningxia and Anhui expected to contribute to capacity release[67]. - The company has implemented a dynamic pricing strategy to respond quickly to market demand changes, maintaining a leading market share in core silane products[32]. - Total operating costs for the first half of 2025 were ¥534,420,725.18, down from ¥548,964,639.21 in the same period last year, reflecting a reduction of 2.6%[141].

晨光新材公告，2025年上半年营业收入5.17亿元，同比下降10.39%。净利润亏损428.99万元，上年同期 净利润4192.49万元。 ...

Core Insights - Laopu Gold announced a price adjustment scheduled for August 25, 2025, indicating a proactive approach to pricing strategy [1] - The company previously raised prices in February 2023, with an increase range of 4-12% across various products [1] - Laopu Gold typically conducts 2-3 price adjustments annually, reflecting its adaptive pricing model in response to market conditions [1]

Group 1 - The core viewpoint of the article is that the aerogel market is on the verge of explosive growth, driven by its superior thermal insulation properties and the dual forces of increasing penetration in key applications and decreasing costs [2][3]. - Aerogel is defined as a next-generation high-efficiency thermal insulation material with unique properties such as low thermal conductivity, lightweight, and long lifespan, making it suitable for various applications including energy storage, building insulation, and industrial insulation [6][40]. - The market size for aerogel is projected to reach billions, with a consensus among multiple institutions that the market will aim for a scale of 100 billion by 2025, driven by the demand in new energy vehicles and building energy efficiency [2][3]. Group 2 - The article outlines the competitive landscape of the aerogel industry, highlighting key players and their capabilities in terms of production capacity, technology routes, and customer resources [5][9]. - It emphasizes the importance of technological barriers, particularly in drying processes and patent strategies, as well as the innovation directions in developing new materials and optimizing performance [5][56]. - The article discusses the significant policy support from the government for the aerogel industry, which is crucial for achieving carbon neutrality goals and promoting the development of new materials [54][58]. Group 3 - The aerogel supply chain is detailed, including upstream sources of silica, midstream production processes, and downstream applications across various sectors such as petrochemicals, construction, and transportation [56][68]. - The article notes that the petrochemical sector is the largest application area for aerogel, accounting for 56% of consumption, followed by industrial insulation at 18% [40][57]. - It highlights the increasing adoption of aerogel in the new energy vehicle sector, with major manufacturers like BYD and CATL incorporating aerogel products into their battery designs to enhance safety and efficiency [71][73].

Group 1 - The company has been asked by investors about the availability of the product Ethyl Silicate and its production capacity [2] - The company stated that Ethyl Silicate is primarily produced through the reaction of Silicon Tetrachloride and Ethanol, with Silicon Tetrachloride mainly generated from the production process of Trichlorosilane and intermediates [2] - The production capacity of Ethyl Silicate is ultimately determined by the capacity of Trichlorosilane, provided that Silicon Tetrachloride is not purchased externally [2]