Investment Rating - The report maintains a "Recommended" rating for the company, indicating a positive outlook on its growth potential [3]. Core Views - The company achieved a significant increase in net profit by 48% in the third quarter of 2024, with total revenue for the first three quarters reaching 7.152 billion yuan, a year-on-year growth of 6.87% [1][2]. - The sales volume of phenolic resin increased by 3.6%, while casting resin sales grew by 13.1% in the first three quarters [2]. - The company is making steady progress in its new business areas, including the production of high-value-added products from its biomass project [2]. - The forecast for net profit from 2024 to 2026 is projected to be 878 million yuan, 1.238 billion yuan, and 1.729 billion yuan, respectively, with corresponding EPS of 1.04 yuan, 1.46 yuan, and 2.04 yuan [2][4]. Summary by Sections Financial Performance - For the first three quarters of 2024, the company reported total revenue of 7.152 billion yuan, a 6.87% increase year-on-year, and a net profit of 581 million yuan, reflecting a 20.53% growth [1]. - In the third quarter alone, revenue was 2.526 billion yuan, up 8.58% year-on-year, with net profit reaching 249 million yuan, a 47.77% increase [1]. Product Sales - The sales volume of phenolic resin was 377,700 tons, up 3.64%, generating revenue of 2.742 billion yuan, a 7.60% increase [2]. - The sales volume of casting resin reached 130,900 tons, a 13.13% increase, although revenue declined by 3.08% to 1.131 billion yuan [2]. - Electronic chemicals saw a sales volume of 49,600 tons, with revenue of 882 million yuan, a 1.77% increase [2]. New Business Development - The company has successfully launched its special electronic resin business, with a production capacity of 1,000 tons of functionalized special electronic resin now operational [2]. - The biomass project in Daqing has started producing high-value products, contributing to the company's revenue growth [2]. Future Outlook - The company is expected to see continued growth in its traditional resin business, electronic chemicals, and biomass projects, with projected earnings per share (EPS) increasing significantly over the next few years [2][4].

圣泉集团：前三季度净利润同比增长20.53% 财联社10月25日电，圣泉集团发布2024年第三季度报告， 前三季度实现营业收入71.52亿元，同比增长6.87%；净利润5.81亿元，同比增长20.53%。 其中，第三季度实现营业收入25.26亿元，同比增长8.58%；净利润2.49亿元，同比增长47.77%。 公司表示，净利润增长主要系产品销售额增长带来的利润增长所致。 查看公告原文 ...

Financial Performance - The company's operating revenue for Q3 2024 reached ¥2,525,727,162.31, representing an increase of 8.58% compared to the same period last year[2]. - Net profit attributable to shareholders for Q3 2024 was ¥249,318,290.63, a significant increase of 47.77% year-on-year[2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥228,908,868.32, up by 43.02% compared to the same period last year[2]. - Basic and diluted earnings per share for Q3 2024 were both ¥0.29, reflecting a growth of 33.27% year-on-year[3]. - Total operating revenue for the first three quarters of 2024 reached ¥7,151,538,808.59, an increase of 6.87% compared to ¥6,692,053,741.88 in the same period of 2023[13]. - Operating profit for the first three quarters of 2024 was ¥672,314,944.52, up from ¥582,290,276.69 in 2023, reflecting a growth of 15.43%[14]. - Net profit attributable to shareholders for the first three quarters of 2024 was ¥580,641,315.82, compared to ¥481,741,203.37 in 2023, marking an increase of 20.54%[14]. - Basic earnings per share for the first three quarters of 2024 were ¥0.71, up from ¥0.62 in the same period of 2023[15]. - The company reported a total profit of ¥676,919,379.77 for the first three quarters of 2024, up from ¥591,428,032.70 in 2023, reflecting a growth of 14.45%[14]. Assets and Liabilities - Total assets at the end of Q3 2024 amounted to ¥15,040,887,709.99, marking an increase of 11.77% from the end of the previous year[3]. - Shareholders' equity attributable to the parent company reached ¥10,094,039,191.51, up by 10.58% year-on-year[3]. - Total liabilities amounted to CNY 4,470,959,708.60, compared to CNY 3,879,350,271.07, which is an increase of about 15.2%[12]. - The company's equity attributable to shareholders rose to CNY 10,094,039,191.51 from CNY 9,128,455,285.40, showing an increase of approximately 10.6%[12]. Cash Flow - The net cash flow from operating activities for the year-to-date was -¥426,078,567.48, a decline of 175.78% compared to the previous year[3]. - Cash flow from operating activities totaled ¥6,058,142,658.55 for the first three quarters of 2024, slightly up from ¥5,944,088,868.68 in 2023[16]. - The net cash flow from operating activities was -426,078,567.48 CNY, a significant decrease from 562,286,358.02 CNY in the previous year[17]. - Total cash outflow from operating activities amounted to 6,484,221,226.03 CNY, compared to 5,381,802,510.66 CNY in the same period last year[17]. - The ending balance of cash and cash equivalents was 772,880,793.01 CNY, up from 581,814,318.94 CNY year-over-year[18]. Investments and Financing - Cash inflow from investment activities was 338,344,555.03 CNY, up from 173,698,443.06 CNY year-over-year[17]. - The net cash flow from investment activities was -330,626,666.10 CNY, an improvement from -501,557,248.89 CNY in the previous year[17]. - Cash inflow from financing activities reached 3,496,110,018.76 CNY, a substantial increase from 518,881,380.50 CNY in the same quarter last year[17]. - The net cash flow from financing activities was 684,972,779.68 CNY, compared to -285,975,520.40 CNY in the previous year[17]. Operational Metrics - The increase in net profit was primarily driven by growth in product sales[6]. - The company reported a total of 27,834 common shareholders at the end of the reporting period[8]. - Research and development expenses increased to ¥368,487,921.81 in 2024, compared to ¥315,418,117.87 in 2023, representing a rise of 16.83%[13]. - Total operating costs for the first three quarters of 2024 were ¥6,496,889,390.18, an increase of 6.22% from ¥6,116,438,775.85 in 2023[13]. - Other income for the first three quarters of 2024 was ¥108,132,348.43, compared to ¥55,564,422.12 in 2023, indicating a significant increase of 94.55%[13]. - The company experienced a credit impairment loss of ¥44,697,824.55 in 2024, compared to a loss of ¥19,896,338.86 in 2023, indicating a deterioration in credit quality[14]. Strategic Initiatives - The company plans to expand its market presence and invest in new product development to drive future growth[10].

证券代码：605589 证券简称：圣泉集团 公告编号：2024-068 济南圣泉集团股份有限公司 关于公司 2024 年前三季度主要经营数据的公告 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。 济南圣泉集团股份有限公司（以下简称"公司"）根据上海证券 交易所《上海证券交易所上市公司自律监管指引第 3 号行业信息披 露：第十三号——化工》的要求，现将公司 2024 年前三季度主要经 营数据披露如下： 注：上表中酚醛树脂数据不包含电子化学品，下同。 二、主要产品和原材料的价格变动情况 （一）2024 年前三季度公司主要产品价格变动情况 | 主要产品 | 2024 年前三季度 | | 2023 年前三季度 | | 变动比例（%） | | --- | --- | --- | --- | --- | --- | | | 平均售价（元/吨） | | 平均售价（元/吨） | | | | 酚醛树脂 | | 7,259.27 | | 6,991.60 | 3.83 | 主要产品 产量（吨） 销量（吨） 营业收入（万元） 酚醛树脂 377,85 ...

证券代码：605589 证券简称：圣泉集团 公告编号：2024-067 济南圣泉集团股份有限公司 关于召开 2024 年第三季度业绩说明会的公告 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： 会议召开时间：2024 年 10 月 28 日(星期一)下午 16:00-17:00 会议召开地点：上海证券交易所上证路演中心（网址：http://roa dshow.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 10 月 21 日(星期一)至 10 月 25 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"栏目或通过济 南圣泉集团股份有限公司（以下简称"公司"）邮箱 sqzqb@shengqua n.com 进行提问。公司将在信息披露允许的范围内，在说明会上对投 资者普遍关注的问题进行回答。 公司将于 2024 年 10 月 26 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 ...

证券代码：605589 证券简称：圣泉集团 公告编号：2024-066 日在上海证券交易所网站（www.sse.com.cn）披露的《圣泉集团关于以 集中竞价交易方式回购公司股份的方案》。 二、 回购股份的进展情况 根据《上市公司股份回购规则》《上海证券交易所上市公司自律监 管指引第 7 号——回购股份》等相关法律法规的规定，在回购股份期 间，公司应当在每个月的前 3 个交易日内披露截至上月末的回购进展 情况，现将公司回购股份的进展情况公告如下： 2024 年 9 月，公司通过集中竞价交易方式累计回购股份 2,464,400 股，占公司目前总股本的 0.29%，成交的最高价格为 18.68 元/股，成 交的最低价格为 17.24 元/股，已支付的总金额为人民币 44,544,320 元（不含印花税及交易佣金等费用）。 一、 回购股份的基本情况 济南圣泉集团股份有限公司（以下简称"公司"）于 2024 年 7 月 23 日召开第九届董事会第二十九次会议，审议通过了《关于公司以集 中竞价交易方式回购股份方案的议案》，同意公司使用自有资金以集中 竞价交易方式回购公司股票用于员工持股计划或股权激励，回购金额 不低于人 ...

证券代码：605589 证券简称：圣泉集团 公告编号：2024-065 济南圣泉集团股份有限公司 截至本公告披露日，上述股东及其一致行动人累计质押股份情况 如下： 一、上市公司股份解除质押情况 公司于 2024 年 9 月 25 日接到控股股东唐一林先生的通知，获悉 其质押给华能贵诚信托有限公司的 14,600,000 股公司股票解除质 押，并已在中国证券登记结算有限责任公司办理了股份质押登记解除 手续，具体情况如下: | 股东名称 | 唐一林 | | --- | --- | | 本次解除质押股份（股） | 14,600,000 | | 占其所持股份比例（%） | 10.39 | | 占公司总股本比例（%） | | | | 1.72 | | | --- | --- | --- | --- | --- | --- | | 解除质押时间 | 2024 | 月 | 年 9 | 24 | 日 | | 持股数量（股） | | 140,482,995 | | | | | 持股比例（%） | | 16.60 | | | | | 剩余被质押股份数量（股） | | 91,880,000 | | | | | 剩余被质押股份数量占 ...

证券代码：605589 证券简称：圣泉集团 公告编号：2024-064 济南圣泉集团股份有限公司 关于控股股东、实际控制人部分股份质押的公告 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： 截至本公告披露日，济南圣泉集团股份有限公司（以下简称"公 司"）控股股东、实际控制人唐一林先生及其一致行动人唐地源先生、 吕广芹女士合计持有公司股份 215,947,045 股，占公司总股本的 25.51%，累计质押股份数量合计为 118,400,000 股，占唐一林先生及 其一致行动人所持公司股份的 54.83%，占公司总股本的 13.99%。 唐一林先生本次质押所得资金将用于偿还其在华能贵诚信托 有限公司的质押融资，其质押给华能贵诚信托有限公司的 14,600,000 股股票办理完毕解除质押后，公司将及时履行信息披露义务。 一、上市公司股份质押基本情况 公司近日获悉控股股东唐一林先生所持有本公司的部分股份被 质押，具体情况如下: 1、本次股份质押基本情况 3、本次质押事项不会导致公司实际控制权发生变更，不会对公 司主营业 ...

济南圣泉集团股份有限公司 关于以集中竞价交易方式回购公司股份比例达到 1%暨 回购进展公告 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： | 回购方案首次披露日 | 2024/7/24 | | | --- | --- | --- | | 回购方案实施期限 | 待董事会审议通过后 12 个月 | | | 预计回购金额 | 15,000 万元 | 万元~25,000 | | 回购用途 | √用于员工持股计划或股权激励 | □减少注册资本 | | | | □用于转换公司可转债 | | | □为维护公司价值及股东权益 | | | 累计已回购股数 | 8,539,600 | 股 | | 累计已回购股数占总股本比 | 1.01% | | | 例 | | | | 累计已回购金额 | 156,234,981 | 元 | | 实际回购价格区间 | 17.22 元/股 | 元/股~19.95 | 一、 回购股份的基本情况 证券代码：605589 证券简称：圣泉集团 公告编号：2024-063 特此公告。 济南圣泉集团股份有限公司 ...

证券代码：605589 证券简称：圣泉集团 公告编号：2024-062 济南圣泉集团股份有限公司 关于公司 2022 年限制性股票激励计划预留授予部分 第一个解除限售期解除限售暨上市公告 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、准确性和完整性依法承担法律责任。 重要内容提示： 本次股票上市类型为股权激励股份；股票认购方式为网下，上市 股数为 630,000 股。 本次股票上市流通总数为 630,000 股。 本次股票上市流通日期为 2024 年 9 月 23 日。 2024 年 9 月 11 日，公司召开第九届董事会第三十一次会议及第九 届监事会第二十五次会议，审议通过了《关于公司 2022 年限制性股票 激励计划预留授予部分第一期解除限售条件成就的议案》，经审议，公 司 2022 年限制性股票激励计划（以下简称"本激励计划"、"本次激励 计划"或"《激励计划》"）预留授予部分第一期解除限售条件已经成就， 公司同意为符合解除限售条件的 240 名激励对象办理相关限制性股票 解除限售事宜。本次解除限售的限制性股票数量合计 63.00 万股，占 当前公 ...