2025 年第二次临时股东大会 会议资料 江苏无锡 二〇二五年九月 1 江苏隆达超合金股份有限公司 2025 年第二次临时股东大会会议资料 江苏隆达超合金股份有限公司 江苏隆达超合金股份有限公司 2025 年第二次临时股东大会会议资料 目 录 | 2025 | 年第二次临时股东大会会议须知 3 | | | --- | --- | --- | | 2025 | 年第二次临时股东大会会议议程 5 | | | 2025 | 年第二次临时股东大会会议议案 7 | | | | 议案一：关于使用部分超募资金永久补充流动资金和归还银行贷款的议案 | 7 | | | 议案二：关于拟注册发行定向债务融资工具的议案 | 10 | | | 议案三：关于签订房屋租赁合同暨关联租赁的议案 | 13 | 2 江苏隆达超合金股份有限公司 2025 年第二次临时股东大会会议资料 江苏隆达超合金股份有限公司 2025 年第二次临时股东大会会议须知 为了维护全体股东的合法权益，确保股东大会的正常秩序和议事效率，保 证股东大会的顺利进行，根据《公司法》《上海证券交易所科创板股票上市规 则》《上市公司股东大会规则》《公司章程》及《公司股东大会议事规 ...

江苏隆达超合金股份有限公司 关于召开2025年半年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。 证券代码：688231 证券简称：隆达股份 公告编号：2025-046 重要内容提示： 江苏隆达超合金股份有限公司（以下简称"公司"）已于 2025 年 8 月 28 日在上海证券交易所网站（www.sse.com.cn）披露了《2025 年半年度报告》及 《2025 年半年度报告摘要》。为便于广大投资者更加全面深入地了解公司 2025 年半年度经营成果、财务状况，公司计划于 2025 年 9 月 9 日（星期二）14:00-15:00 在"价值在线"（www.ir-online.cn）举行 2025 年半年度业绩说明会，就投资 者关心的问题进行交流。 会议召开时间：2025 年 9 月 9 日（星期二）14:00-15:00 会议召开地点：价值在线（www.ir-online.cn） 会议召开方式：网络互动方式 会 议 问 题 征 集 ： 投 资 者 可 于 2025 年 9 月 9 日 前 访 问 网 址 ...

Group 1 - The company, Jiangsu Longda Superalloy Co., Ltd., corrected its announcement regarding the profit distribution plan for the first half of 2025, specifying that the undistributed profits as of June 30, 2025, amount to 56,108,322.52 yuan [1][2] - The profit distribution plan will be based on the total share capital registered on the equity distribution record date, excluding shares held in the company's repurchase special securities account [1][2] - The company expressed apologies for any inconvenience caused to investors due to the correction [2]

Group 1 - The core viewpoint of the news is that Longda Co., Ltd. has shown fluctuations in its stock performance and financing activities, indicating a high level of trading activity and investor interest [1][2] - On August 28, Longda Co., Ltd. experienced a stock decline of 0.93% with a trading volume of 133 million yuan, and the net financing buy was negative at -865,300 yuan [1] - As of August 28, the total margin balance for Longda Co., Ltd. was 115 million yuan, accounting for 4.27% of its market capitalization, which is above the 90th percentile level over the past year [1] Group 2 - As of June 30, the number of shareholders for Longda Co., Ltd. increased to 11,000, a rise of 10.11%, while the average circulating shares per person decreased by 9.18% to 11,473 shares [2] - For the first half of 2025, Longda Co., Ltd. reported a revenue of 829 million yuan, representing a year-on-year growth of 15.72%, and a net profit attributable to shareholders of 53 million yuan, up 15.53% year-on-year [2] - Since its A-share listing, Longda Co., Ltd. has distributed a total of 175 million yuan in dividends [2]

Group 1: Zhujiang Beer (002461.SZ) - Zhujiang Beer is the leading regional beer brand in Guangdong Province, with a strong market foundation and high consumer recognition. The flagship product, 97 Pure Draft, is leading product upgrades and capturing market share from competitors [6][7]. - The company has experienced continuous revenue and profit growth, with a CAGR of 7.8% in revenue and 9.2% in net profit from 2020 to 2024. The proportion of high-end products has increased significantly from 49.1% in 2019 to 70.8% in 2024 [6][7]. - The new management team, including a newly appointed chairman and general manager, is expected to drive further growth and innovation. The company has a solid reserve of high-end products and aims to expand its market presence outside Guangdong [7]. Group 2: Hanshuo Technology (301275.SZ) - Hanshuo Technology's revenue for the first half of 2025 was 1.974 billion yuan, a year-on-year decrease of 7%, with a net profit of 222 million yuan, down 42% year-on-year. The company is focusing on the North American market, which shows significant growth potential [16][17]. - The global demand for retail digitalization continues to grow, with electronic shelf label (ESL) module shipments reaching 248 million units in the first half of 2025, a 56% increase year-on-year. The demand from major retailers like Walmart is expected to drive further digital upgrades in the retail sector [16][17]. - The company has established a comprehensive business system centered on electronic shelf label systems and SaaS cloud platform services, with international operations in over 70 countries [17]. Group 3: Guoci Materials (300285.SZ) - Guoci Materials reported a revenue of 2.154 billion yuan in the first half of 2025, a year-on-year increase of 10.29%, with a net profit of 332 million yuan, up 0.38% year-on-year. The company is experiencing growth in electronic materials and new energy materials [18][19]. - The company’s six major business segments are developing synergistically, with a projected net profit of 774 million yuan, 886 million yuan, and 1.058 billion yuan for 2025-2027, respectively [19][20]. - The company is focusing on strategic investments and acquisitions to enhance its capabilities in clinical materials and digital equipment, particularly in the biomedical materials sector [20]. Group 4: Yuhua Software (300339.SZ) - Yuhua Software achieved a revenue of 1.747 billion yuan in the first half of 2025, a year-on-year increase of 10.55%, while the net profit decreased by 29.43% to 60 million yuan. The company is actively promoting its innovative business [22][23]. - The company’s gross margin was 23.72%, down 2.36 percentage points year-on-year, but it has optimized its expense ratios, leading to improved operational efficiency [23][24]. - The revenue from innovative business segments reached approximately 368 million yuan, accounting for 21.07% of total revenue, indicating a growing contribution from new business areas [24]. Group 5: New Dairy Industry (002946.SZ) - New Dairy Industry reported a revenue of 5.526 billion yuan in the first half of 2025, with a net profit of 397 million yuan, reflecting a year-on-year increase of 33.8%. The company’s low-temperature strategy is showing significant results [48][49]. - The direct-to-consumer (DTC) model has driven growth, with revenue from this channel increasing by 23% to 3.39 billion yuan, representing 66.3% of total revenue [48][49]. - The company is focusing on core markets and has achieved stable growth in key regions, with a notable increase in high-end fresh milk sales [48][49].

江苏隆达超合金股份有限公司 证券代码：688231 证券简称：隆达股份 公告编号：2025-045 更正后：（需更正部分做加粗处理） （一）利润分配预案的具体内容 截至 2025 年 6 月 30 日，江苏隆达超合金股份有限公司母公司报表中期末未 分配利润为 56,108,322.52 元。经董事会决议，公司 2025 年半年度拟以实施权 益分派股权登记日登记的总股本扣减公司回购专用证券账户中的股份为基数进 行利润分配。本次利润分配预案如下： 除上述内容的更正外，其他内容不变。公司对上述更正给投资者带来的不便 深表歉意，敬请广大投资者谅解。 2025 年半年度利润分配预案公告的更正公告 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。 江苏隆达超合金股份有限公司（以下简称"公司"）于 2025 年 8 月 28 日在 上海证券交易所网站（www.sse.com.cn）披露了《2025 年半年度利润分配预案 的公告》（公告编号：2025-041）。由于工作人员疏忽，现将上述公告更正如下： 更正前：（需更正部分做加粗处理） （一 ...

Investment Rating - The report maintains a "Buy" rating for the company [5] Core Insights - The company achieved a revenue of 830 million (up 15.7% year-on-year) and a net profit attributable to shareholders of 50 million (up 15.5% year-on-year) in the first half of 2025 [1][5] - The high-temperature alloy production capacity is steadily increasing, with the revenue from the high-temperature corrosion-resistant alloy segment reaching 603 million (up 17.98% year-on-year) [1][2] - The company is accelerating its entry into the global high-temperature alloy supply chain, gaining recognition from major domestic and international enterprises in the aerospace and oil and gas sectors [2] Financial Performance Summary - For the first half of 2025, the company reported a gross margin of 15.75% (up 0.13 percentage points year-on-year) and a net profit margin of 6.40% (down 0.01 percentage points year-on-year) [2] - The second quarter of 2025 saw a revenue of 485 million (up 21.3% year-on-year, up 41.0% quarter-on-quarter) and a net profit of 25 million (up 34.2% year-on-year, down 14.1% quarter-on-quarter) [1][2] - The company forecasts revenues of 1.76 billion, 2.21 billion, and 2.74 billion for 2025, 2026, and 2027 respectively, with year-on-year growth rates of 26%, 26%, and 24% [2][3] Key Financial Metrics - The projected earnings per share (EPS) for 2025, 2026, and 2027 are 0.47, 0.70, and 1.00 respectively [3] - The price-to-earnings (P/E) ratio is expected to decrease from 95.7 in 2023 to 21.5 in 2027, indicating improved valuation over time [3]

Investment Rating - The report maintains a "Strong Buy" rating for the company [3] Core Views - The company has experienced rapid growth in its high-temperature alloy business, with an increasing proportion of overseas revenue [6] - In H1 2025, the company achieved operating revenue of 829 million yuan, a year-on-year increase of 15.72%, and a net profit attributable to shareholders of 53.04 million yuan, also up 15.53% year-on-year [6][7] - The company is focusing on international expansion, with plans to establish production bases in Singapore and Malaysia, and has signed long-term agreements with several overseas clients [6] Financial Performance - The company reported a Q2 revenue of 485 million yuan, reflecting a year-on-year growth of 21.30% and a quarter-on-quarter increase of 40.97% [6] - The revenue from high-temperature corrosion-resistant alloys reached 603 million yuan, with a year-on-year growth of 17.98% [6] - The gross profit margin for domestic revenue was 15.34%, while for overseas revenue it was 17.22% [6] Profit Forecast - The company forecasts net profits attributable to shareholders of 99 million yuan, 129 million yuan, and 162 million yuan for the years 2025, 2026, and 2027, respectively [6][7] - Corresponding PE ratios are projected to be 54, 41, and 33 for the same years [6][7] Market Position - The company is well-positioned to benefit from the increasing global demand for high-temperature alloys, particularly in the aerospace and gas turbine sectors [6] - The report highlights the ongoing shift of supply chains towards China, which may present significant opportunities for the company [6]

格隆汇8月27日丨隆达股份(688231.SH)发布中报，2025上半年实现营业总收入8.29亿元，同比增长 15.72%；归属母公司股东净利润5304.32万元，同比增长15.53%；基本每股收益为0.21元。此外，拟对 全体股东每10股派发现金红利1.8元(含税)。 ...

Core Viewpoint - The supervisory board of Jiangsu Longda Superalloy Co., Ltd. has approved several key proposals during its 11th meeting, including the review of the 2025 semi-annual report and the use of idle funds, indicating a commitment to transparency and compliance with regulations [1][2][3][4][5][6][7][8] Group 1: Meeting Overview - The supervisory board meeting was held in person, with all members present and the procedures compliant with relevant laws and regulations [1] - The meeting's resolutions were deemed legally valid and were passed unanimously with no votes against or abstentions [2] Group 2: Financial Reports and Fund Management - The 2025 semi-annual report was approved, confirming that it accurately reflects the company's financial status and operational results [1][2] - The special report on the storage and use of raised funds was also approved, affirming compliance with regulatory requirements and proper use of funds [2][3] - The board agreed to temporarily use part of the idle raised funds to supplement working capital, enhancing fund efficiency and reducing financial costs [3][4] Group 3: Fund Utilization and Debt Management - The proposal to use part of the over-raised funds for permanent working capital supplementation and bank loan repayment was approved, ensuring no harm to shareholder interests [4][5] - The supervisory board also approved the registration of debt financing tools with a total amount not exceeding RMB 1 billion, aimed at improving liquidity management [5] Group 4: Profit Distribution and Project Adjustments - The profit distribution plan for the first half of 2025 was approved, aligning with legal requirements and considering the company's operational needs [6] - The board agreed to postpone certain fundraising project timelines, which aligns with the company's strategic planning and resource optimization [6][7] Group 5: Related Transactions - The board approved a proposal for signing a lease agreement, confirming that the transaction is fair and does not harm the company's or shareholders' interests [7][8]