Group 1 - The company, Fulei New Materials, announced a plan to issue A-shares to specific investors, approved by its board of directors, with the final plan subject to the China Securities Regulatory Commission's registration [1] - The issuance will involve no more than 35 specific investors and will not exceed approximately 84.06 million shares, which is 30% of the company's total share capital prior to the issuance [1] - The planned fundraising amount is up to RMB 710 million, allocated for various projects including expansion of label printing materials, upgrade of electronic-grade functional materials, and enhancement of the R&D center [1] Group 2 - As of the latest report, Fulei New Materials has a market capitalization of RMB 9.4 billion [2] - The company's revenue composition for the first half of 2025 shows that functional coating composite materials account for 98.14% of total revenue, while other businesses contribute 1.86% [1]

Group 1 - The company, Fule New Materials (605488), announced on September 2 that it plans to issue A-shares to specific investors, raising no more than 710 million yuan [1] - The raised funds will be allocated to several projects, including the expansion of label printing materials, upgrading electronic-grade functional materials, enhancing the R&D center, and supplementing working capital [1]

Core Viewpoint - The company, Fola New Materials (605488.SH), plans to issue shares to specific investors to raise a total of no more than 710 million yuan, which will be used for various expansion and upgrade projects [1] Group 1: Fundraising Details - The total amount to be raised is capped at 710 million yuan, including the principal amount [1] - The net proceeds after deducting related issuance costs will be allocated to several projects [1] Group 2: Allocation of Funds - The funds will be used for the expansion of label printing materials production [1] - The funds will also support the upgrade of electronic-grade functional materials production [1] - Additionally, the funds will be allocated for the upgrade of the research and development center and to supplement working capital [1]

浙江福莱新材料股份有限公司 董事会 关于向特定对象发行 A 股股票预案披露的 提示性公告 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。 浙江福莱新材料股份有限公司（以下简称"公司"）于 2025 年 9 月 2 日召开 第三届董事会第十七次会议，审议通过了《关于公司向特定对象发行 A 股股票 预案的议案》及其他相关议案。公司关于向特定对象发行 A 股股票的相关议案， 具体内容详见公司于同日在上海证券交易所网站（www.sse.com.cn）上披露的《浙 江福莱新材料股份有限公司向特定对象发行 A 股股票预案》及相关文件，敬请 广大投资者注意查阅。 公司本次向特定对象发行 A 股股票预案等相关公告披露事项不代表审核、 注册部门对于本次发行相关事项的实质性判断、确认、批准或注册，公司本次向 特定对象发行 A 股股票相关事项的生效和完成尚需公司股东会审议通过、上海 证券交易所审核通过并经中国证券监督管理委员会同意注册后方可实施。敬请广 大投资者注意投资风险。 特此公告。 | 证券简称：福莱新材 | 公告编号：临 2025-114 ...

Group 1 - The company plans to issue A-shares to specific investors to raise funds not exceeding 710 million yuan [2] - The raised funds will be allocated to the expansion of label printing materials, upgrading of electronic-grade functional materials, upgrading of the R&D center, and supplementing working capital [2]

Core Viewpoint - The company, Fule New Materials (605488.SH), plans to issue shares to specific investors to raise a total of no more than 710 million yuan, which will be used for various expansion and upgrade projects as well as to supplement working capital [1] Summary by Categories Fundraising Details - The total amount to be raised is capped at 710 million yuan, including the principal amount [1] - The net proceeds after deducting related issuance costs will be allocated to specific projects [1] Allocation of Funds - The raised funds will be used for the following projects: - Expansion of label and identification printing materials [1] - Upgrade of electronic-grade functional materials [1] - Upgrade of the research and development center [1] - Supplementing working capital [1]

Core Insights - The company achieved a revenue of 1.334 billion yuan in the first half of 2025, representing a year-on-year increase of 15.40%, while the net profit attributable to shareholders decreased by 19.58% to 51 million yuan, resulting in an EPS of 0.18 yuan [1] - The company is a leader in domestic inkjet printing composite materials, being the first to integrate base films, adhesives, and coating [1] - The traditional business faces transformation pressure, with significant net profit decline despite revenue growth, primarily due to intensified market competition [1] Financial Performance - In Q2 2025, the company reported a revenue of 731 million yuan, a year-on-year increase of 22.4%, but the net profit attributable to shareholders fell by 52.5% to 16 million yuan [1] - The advertising inkjet printing materials segment generated 623 million yuan (+3.27%) with a gross margin of 14.23% (-2.14 percentage points), while the label printing materials segment saw revenue of 419 million yuan (+28.42%) with a gross margin of 20.58% (+1.32 percentage points) [1] - The electronic-grade functional materials segment achieved revenue of 53 million yuan (+28.02%) but faced a gross margin decline to 14.57% (-2.57 percentage points) [1] Business Segments - The company’s revenue from functional base film materials reached 93 million yuan (+19.87%) with a gross margin of 5.49% (+2.79 percentage points) [1] - Other business segments experienced rapid growth, attributed to increased internal transactions [1] - Overall, while the business scale remains stable, the comprehensive gross margin has declined compared to the same period last year due to market competition [1] Strategic Developments - The company is actively investing in the robotics skin and tactile sensor market, with successful progress in developing flexible tactile sensors [1] - A new round of equity incentive plans was launched, involving 103 core team members, aimed at binding talent and enhancing future growth prospects [1] - The company is building a multi-layered barrier in the electronic skin technology sector, focusing on material formulation, structural design, and algorithm perception [1] Future Outlook - The company is expected to achieve revenues of 2.921 billion yuan, 3.304 billion yuan, and 3.740 billion yuan from 2025 to 2027, with respective year-on-year growth rates of 14.96%, 13.12%, and 13.19% [1] - The net profit attributable to shareholders is projected to be 121 million yuan, 161 million yuan, and 195 million yuan for the same period, with growth rates of -13.34%, 33.76%, and 20.91% [1] - The company is positioned to benefit from the maturation of the robotics industry, potentially creating a second growth curve [1]

| 证券代码：605488 | 证券简称：福莱新材 | 公告编号：临 2025-113 | | --- | --- | --- | | 债券代码：111012 | 债券简称：福新转债 | | 浙江福莱新材料股份有限公司 关于部分闲置募集资金购买理财产品到期赎回的公告 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： 一、使用闲置募集资金进行现金管理的审议情况 浙江福莱新材料股份有限公司（以下简称"公司"）分别于 2024 年 12 月 31 日召开第三届董事会第七次会议、第三届监事会第六次会议，于 2025 年 1 月 16 日召开 2025 年第一次临时股东大会，审议通过了《关于使用部分闲置募集资金 进行现金管理的议案》，同意使用不超过人民币 1 亿元暂时闲置募集资金进行现 金管理，使用期限为自公司股东大会审议通过之日起一年内有效，在该额度内可 循环滚动使用。具体内容详见公司分别于 2025 年 1 月 1 日、1 月 17 日在上海证 券交易所网站（www.sse.com.cn）披露的《福莱新材关于使用部分闲 ...

Core Viewpoint - The company Folei New Materials (605488) is set to unlock 982,800 restricted shares on August 28, representing 0.35% of its total share capital, following a recent trend of share unlocks over the past year [1][2]. Group 1: Share Unlock Details - A total of 772,000 shares have been unlocked in the past year, accounting for 0.28% of the total share capital [1]. - After the upcoming unlock, there will still be 1,878,800 restricted shares remaining, which is 0.67% of the total share capital [1]. - The breakdown of the unlocking involves various shareholders, including 189,000 shares from Kong Li Bang and 541,800 shares from middle management and core team members [2]. Group 2: Financial Performance - For the first half of 2025, the company reported a main revenue of 1.334 billion yuan, an increase of 15.4% year-on-year [3]. - The net profit attributable to shareholders decreased by 19.58% to 50.9348 million yuan, while the net profit excluding non-recurring items fell by 20.53% to 45.4288 million yuan [3]. - In Q2 2025, the company achieved a quarterly revenue of 731 million yuan, up 22.42% year-on-year, but the net profit attributable to shareholders dropped by 52.51% to 16.053 million yuan [3]. Group 3: Business Overview - Folei New Materials specializes in the research, development, production, and sales of industrial consumer products and high-end intelligent equipment, including advertising inkjet printing materials, label printing materials, electronic-grade functional materials, functional base film materials, and adhesive materials [3].

Investment Rating - The report maintains a "Buy" investment rating for the company [9] Core Insights - The company achieved total operating revenue of 1.334 billion yuan in the first half of 2025, representing a year-on-year increase of 15.40%. However, the net profit attributable to shareholders decreased by 19.58% to 51 million yuan [5] - The label materials segment continues to be a growth driver, with revenue of 419 million yuan, up 28.42% year-on-year, benefiting from overseas market expansion and product optimization [5] - The flexible sensor segment has made significant progress, with the establishment of a pilot production line and the launch of first and second-generation tactile sensor products [6] - Strategic partnerships with Tom Cat and Fenda Technology aim to develop AI companion robots, tapping into a growing market driven by demographic changes [8] Summary by Sections Financial Performance - In Q2 2025, the company reported operating revenue of 731 million yuan, a year-on-year increase of 22.42% and a quarter-on-quarter increase of 21.28%. The net profit for the same quarter was 16 million yuan, down 52.51% year-on-year and 53.98% quarter-on-quarter [4][5] Business Strategy - The company is advancing its "industrial integration and application diversification" strategy, which has led to reduced product costs and improved delivery stability [5] - The traditional advertising inkjet printing materials segment generated revenue of 623 million yuan, a year-on-year increase of 3.27%, although it faced margin pressure due to increased competition [5] Growth Opportunities - The flexible sensor business is expanding into high-growth application areas such as robotics and industrial inspection, with a focus on developing flexible electronic skin technology [6] - The emotional robot market is poised for growth, with government subsidies potentially lowering prices and increasing accessibility [8] Profit Forecast - The company is projected to achieve net profits of 123 million yuan, 156 million yuan, and 219 million yuan for 2025, 2026, and 2027 respectively, with corresponding P/E ratios of 76.8, 60.7, and 43.3 [9][11]