| 证券代码：688106 | 证券简称：金宏气体 | 公告编号：2025-021 | | --- | --- | --- | | 转债代码：118038 | 转债简称：金宏转债 | | 金宏气体股份有限公司 关于实施 2024 年年度权益分派时可转债转股价格调整 暨转股连续停牌的提示性公告 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。 重要内容提示： 证券停复牌情况：适用 因实施权益分派,本公司的相关证券停复牌情况如下：权益分派公告前一交易 日（2025 年 5 月 9 日）至权益分派股权登记日期间，本公司可转债将停止转股。 | 证券代码 | 证券简称 | 停复牌类型 | 停牌起始日 | 停牌期间 | 停牌终止日 | 复牌日 | | --- | --- | --- | --- | --- | --- | --- | | 118038 | 金宏转债 | 可转债转股停牌 | 2025/5/9 | | | | 因实施权益分派，"金宏转债"相应调整转股价格，从 19.07 元/股调整为 18.97 元/股，转股价格调整实施日期为权 ...

Summary of Jin Hong Gas Conference Call Company Overview - Jin Hong Gas operates in the specialty gas industry, focusing on products such as ammonia and nitrous oxide (laughing gas) [2][3]. Key Financial Highlights - In Q1 2025, Jin Hong Gas reported revenue of 623 million yuan, a year-on-year increase of 5.62% [3]. - The net profit attributable to shareholders was 40.004 million yuan, showing a decline compared to the previous year [3]. - The overall gross margin decreased to approximately 28%-29% due to lower sales prices in the manufacturing sector and significant declines in specialty gas sales and prices influenced by the photovoltaic industry [2][25]. - Operating cash flow increased by 21.82% year-on-year to 96 million yuan, with capital expenditures and R&D investments rising [2][3]. Specialty Gas Performance - Ammonia sales volume and gross margin significantly decreased, with the gross margin dropping from 60% in the same period last year to 30% [2][5]. - Nitrous oxide sales volume also saw a slight decline, with the gross margin decreasing from 42% to 40% [5]. - The capacity utilization rate for ammonia is around 50%, while nitrous oxide is at full production capacity [6]. Business Strategy and Future Outlook - The company plans to focus on three main business areas: specialty gases, bulk retail, and on-site gas production, with expected annual growth in specialty gas varieties [2][8]. - The bulk retail segment is anticipated to benefit from accelerated growth in large-scale oxygen generator projects [2][8]. - New product launches are planned, and the company aims to expand its product line through collaboration with peers [8]. Market Conditions and Competitive Landscape - The company faces competition in the electronic bulk gas market from Jin Hong and Guanggang, but maintains an investment return rate of approximately 11% due to its young professional team and efficient decision-making [2][17]. - The photovoltaic industry's downturn has led to price and sales pressure, but the company expects a gradual recovery as it has reached a bottom position [8]. M&A and Financing Strategy - Jin Hong Gas is considering acquisitions in various segments, including bulk retail filling stations and specialty gases, with a focus on economically developed regions [7][21]. - The company prefers debt financing for large capital expenditures or acquisitions due to low borrowing costs [25]. Regional Expansion and International Operations - The company has acquired Singapore's Victory Gas, focusing on bulk retail, and is optimistic about expanding its market share in Singapore and surrounding areas [13]. - The helium supply is stable, with approximately 50% sourced from Russia, and the company is prepared to adapt to potential tariff impacts on imports [4][22]. Challenges and Opportunities - The current low gas price cycle may impact overall industry profitability but also presents opportunities for low-cost expansion and acquisitions [23]. - The company is actively working on increasing its self-produced liquid gas ratio to mitigate performance volatility [28]. Conclusion - Jin Hong Gas is navigating a challenging market environment with strategic plans for growth in specialty gases and bulk retail, while also preparing for potential recovery in the photovoltaic sector and exploring acquisition opportunities to enhance its market position [20][21].

Core Viewpoint - The company, Jin Hong Gas, has released its quarterly financial report for the first quarter of 2025, ensuring the accuracy and completeness of the information provided [1][2]. Financial Data Summary - The financial report is unaudited, and the company has confirmed that there are no significant changes in the financial data compared to previous periods [3][7]. - The revenue breakdown for the company's main business segments is as follows: bulk gases account for 41.98%, specialty gases for 34.27%, on-site gas production and rental for 12.89%, and gas for 10.87% [4]. Shareholder Information - The report includes details about the total number of ordinary shareholders and the shareholding status of the top ten shareholders [5][6]. Audit Opinion - The financial statements for the first quarter of 2025 are not subject to an audit, as indicated in the report [6][7].

Financial Performance - The company's operating revenue for Q1 2025 was CNY 622,513,751.39, representing a year-on-year increase of 5.62% compared to CNY 589,385,657.72 in the same period last year[6]. - Net profit attributable to shareholders decreased by 42.47% to CNY 44,003,241.69 from CNY 76,482,616.23 year-on-year[6]. - The net profit attributable to shareholders after deducting non-recurring gains and losses fell by 41.68% to CNY 29,260,913.84 from CNY 50,175,892.97 year-on-year[6]. - The basic earnings per share decreased by 43.75% to CNY 0.09 from CNY 0.16 year-on-year[7]. - The diluted earnings per share decreased by 46.67% to CNY 0.08 from CNY 0.15 year-on-year[7]. - Net profit for Q1 2025 was ¥46,240,231.74, a decrease of 40.9% from ¥77,996,403.58 in Q1 2024[28]. - Earnings per share for Q1 2025 were ¥0.09, down from ¥0.16 in Q1 2024[28]. - The company reported a net profit for the first quarter of 2025 is 88,588,894.33 RMB, a decrease from 90,683,884.96 RMB in the first quarter of 2024, representing a decline of approximately 2%[42]. - The company’s total profit for Q1 2025 is 93,122,261.71 RMB, down from 98,635,732.02 RMB in Q1 2024, indicating a decline of about 5.7%[42]. Cash Flow and Investments - The net cash flow from operating activities increased by 21.82% to CNY 96,095,231.71 compared to CNY 78,880,498.69 in the same period last year[6]. - Cash inflow from operating activities in Q1 2025 was ¥758,921,252.94, compared to ¥693,937,279.92 in Q1 2024, reflecting a growth of 9.4%[31]. - The net cash flow from investing activities was CNY -225,087,630.38, a decline from CNY -28,657,786.80 in the previous year, indicating increased investment outflows[32]. - The company reported a net cash inflow from financing activities of CNY 264,857,835.85, down from CNY 631,653,023.35 in the previous year, indicating a significant decrease of 58%[33]. - Cash flow from financing activities in Q1 2025 shows a net outflow of -60,004,775.99 RMB, contrasting with a net inflow of 687,475,238.83 RMB in Q1 2024[46]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 7,050,868,525.38, an increase of 4.19% from CNY 6,767,227,436.76 at the end of the previous year[7]. - The company's current assets totaled RMB 2,374,294,205.49, up from RMB 2,261,724,042.07, indicating an increase of about 4.97%[20]. - The total liabilities stood at RMB 2,374,294,205.49, reflecting a rise from the previous total, indicating a potential increase in leverage[20]. - The total liabilities as of the reporting date were ¥3,703,786,680.87, compared to ¥3,417,375,161.37 in the previous period, indicating an increase of 8.4%[23]. - The total cash and cash equivalents at the end of Q1 2025 is 284,500,406.88 RMB, down from 727,558,764.56 RMB at the end of Q1 2024, a decrease of about 61%[46]. Research and Development - R&D investment totaled CNY 27,734,030.53, up 16.97% from CNY 23,711,351.14 year-on-year, accounting for 4.46% of operating revenue[7]. - Research and development expenses for Q1 2025 amounted to ¥27,734,030.53, an increase of 16.9% from ¥23,711,351.14 in Q1 2024[27]. - Research and development expenses for Q1 2025 were CNY 24,439,210.01, compared to CNY 22,186,213.40 in Q1 2024, reflecting an increase of 10.2%[41]. Market Conditions - The company faced increased market competition, leading to a decline in product prices and overall gross margin, contributing to the drop in net profit[12]. - The revenue composition for the reporting period included bulk gases at 41.98%, specialty gases at 34.27%, on-site gas production and rental at 12.89%, and gas at 10.87%[12].

金宏气体公告，2025年第一季度营收为6.23亿元，同比增长5.62%；净利润为4400.32万元，同比下降 42.47%。 ...

| 证券代码：688106 | 证券简称：金宏气体 | 公告编号：2025-020 | | --- | --- | --- | | 转债代码：118038 | 转债简称：金宏转债 | | 金宏气体股份有限公司 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： 本次会议是否有被否决议案：无 一、 会议召开和出席情况 （一） 股东大会召开的时间：2025 年 4 月 17 日 （二） 股东大会召开的地点：苏州市相城区黄埭镇潘阳工业园安民路 6 号 VIP 会议室 （三） 出席会议的普通股股东、特别表决权股东、恢复表决权的优先股股东及 其持有表决权数量的情况： | 1、出席会议的股东和代理人人数 | 143 | | --- | --- | | 普通股股东人数 | 143 | | 2、出席会议的股东所持有的表决权数量 | 252,807,122 | | 普通股股东所持有表决权数量 | 252,807,122 | | 3、出席会议的股东所持有表决权数量占公司表决权数量的比例（%） | 52 ...

江苏益友天元律师事务所 关于金宏气体股份有限公司 2024 年年度股东大会的 法律意见书 地址：苏州市工业园区月亮湾路 15 号中新大厦 7 楼 邮编：215123 电话：0512-68240861 传真：0512-68253379 二〇二五年四月 关于金宏气体股份有限公司 2024年年度股东大会的法律意见书 益友证金宏字（2025）第1号 致：金宏气体股份有限公司 江苏益友天元律师事务所（下称"本所"）接受金宏气体股份有限公司（下称"公 司"）的委托，指派庞磊、蔡蕲律师（下称"本所律师"）出席了公司2024年年度股东 大会（下称"本次股东大会"），对本次股东大会进行见证并发表法律意见。 为出具本法律意见书，本所律师审查了公司本次股东大会的有关文件和材料，并得 到公司如下保证：公司向本所提供的用于出具本法律意见书所必需的原始书面材料、副 本材料、电子文档或口头陈述真实、完整、有效，不存在虚假陈述、重大遗漏或隐瞒， 所有副本材料与复印件均与原件一致。 本法律意见书仅供本次股东大会之目的使用，未经本所书面同意，本法律意见书不 得用于其它任何目的。本所律师同意将本法律意见书作为本次股东大会所必备的法律文 件进行公告 ...

Summary of Conference Call Company and Industry Involved - The conference call pertains to a company involved in the industrial gas sector, focusing on retail and large-scale projects, including air separation and electronic gases. Key Points and Arguments Financial Performance - In the Shanghai region, acquired companies reported a revenue increase of 15.6% year-over-year and a net profit increase of 21.3% [1] - In the central Jiangsu region, acquired companies achieved a revenue growth of 9.1% and a net profit growth of 34.5% [1] - The company has seen a significant improvement in sales, with a 16% increase in sales volume compared to the previous year [8] Strategic Developments - The company is actively expanding its overseas business, with a notable project in Yingkou for a single air separation unit valued at 70,000 [1] - The company is focusing on integrating resources and enhancing service levels in retail markets [1] - There is a strategic emphasis on electronic bulk gas projects, with a target to achieve a 20% contribution to overall revenue by 2025 [28] Market Conditions - The semiconductor industry is experiencing a recovery, with expectations of new product introductions in the first quarter of the year [4] - The company is observing a rebound in the engineering machinery sector, with recent orders indicating a positive trend [19] - The overall market for industrial gases, including nitrogen and oxygen, is seeing price increases due to recovering demand [24] Challenges and Responses - The company acknowledges pressures in the specialty gas sector due to downstream market conditions and pricing pressures [3] - There are ongoing efforts to optimize operations and reduce costs in response to economic challenges [19] - The company is adapting its project strategies to focus on more certain and profitable ventures amidst market uncertainties [15] Future Outlook - The company plans to prioritize projects that ensure sustainable cash flow and profitability, particularly in the electronic bulk gas sector [15] - There is a commitment to enhancing customer relationships and expanding product offerings to meet diverse client needs [6] - The company is optimistic about its growth trajectory, with expectations of continued recovery in various sectors, including real estate and engineering machinery [19][20] Overseas Expansion - The company is targeting Southeast Asia and India for overseas market expansion, with plans to establish a presence in Vietnam and Singapore [21] - There is a focus on building local partnerships and enhancing service capabilities in these regions [23] Operational Efficiency - The company has achieved a high gross margin of around 59-60% in its onsite gas projects, attributed to effective project management and strategic resource allocation [24] - The company is continuously improving its operational efficiency, with a significant increase in liquid gas supply capabilities [32] Other Important but Overlooked Content - The company is exploring various financing options, including bank loans for potential acquisitions, to support its growth strategy [27] - There is a recognition of the need for a balanced approach to capital expenditure, especially in light of market conditions [27] - The company is committed to maintaining a strong competitive position by leveraging its extensive experience and established client relationships in the industry [6]

登录新浪财经APP 搜索【信披】查看更多考评等级 证券代码：688106 证券简称：金宏气体 公告编号：2025-019 转债代码：118038 转债简称：金宏转债 金宏气体股份有限公司 关于参加2024年度科创板集成电路制造环节行业集体业绩说明会的公告 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、准确性和完整性依法承担法律责任。 重要内容提示： （网址：https://roadshow.sseinfo.com/） 三、参加人员 ● 会议召开方式：网络文字互动问答 ● 投资者可于2025年4月11日（星期五）至4月17日（星期四）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dongmi@jinhonggroup.com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。 金宏气体股份有限公司（以下简称"公司"）已于2025年3月26日发布公司2024年度报告，为便于广大投 资者更全面深入地了解公司2024年度经营成果、财务状况，公司计划于2025年4月18日（星期五） 15:00-17:00参加上海证券交易所主办的 ...

| 证券代码：688106 | 证券简称：金宏气体 | 公告编号：2025-019 | | --- | --- | --- | | 转债代码：118038 | 转债简称：金宏转债 | | 金宏气体股份有限公司 关于参加2024 年度科创板集成电路制造环节行业集体业绩 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、准确性和完整性依法承担法律责任。 重要内容提示： （网址：https://roadshow.sseinfo.com/） 会议召开方式：网络文字互动问答 投资者可于 2025 年 4 月 11 日（星期五）至 4 月 17 日（星期四）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 dongmi@jinhonggroup.com 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。 金宏气体股份有限公司（以下简称"公司"）已于 2025 年 3 月 26 日发布公司 2024 年度报告，为便于广大投资者更全面深入地了解公司 2024 年度经 ...