广东华特气体股份有限公司 2025 年度"提质增效重回报"行动方案 公司秉持投资者至上理念，致力于完善经营管理、规范组织治理体系、回馈 投资者，广东华特气体股份有限公司（以下简称："公司"或"华特气体"）于 2024 年 4 月制定并发布了《2024 年度"提质增效重回报"行动方案》，同时在 2024 年 8 月披露了《关于公司 2024 年度"提质增效重回报"行动方案的半年度 评估报告》。自行动方案发布以来，公司积极开展并落实相关工作，积极维护资 本市场稳定及推动经济高质量发展贡献力量。 公司践行"投资者为本"发展理念，提升公司经营效率、强化市场竞争、保 障投资者权益为核心；为维护股东利益、促进公司高质量可持续发展，特制定 《2025 年度"提质增效重回报"行动方案》，既是 2024 年行动方案实施情况进 行总结，也明确了 2025 年行动方案的目标，具体措施如下： 一、聚焦主营业务，持续提升经营质量 （一）深化市场布局，提升销售回报率 在全球科技产业加速迭代、特种气体市场竞争白热化的大环境下，公司始终 将技术创新奉为企业发展的核心驱动力，构建了一套从研发投入、技术攻关到成 果转化的高效运作体系。公司的研发 ...

华兴会计师事务所(特殊普通合伙)前身系福建华兴会计师事务所，创立于 1981 年，隶属福建省财政厅。1998 年 12 月，与原主管单位福建省财政厅脱钩， 改制为福建华兴有限责任会计师事务所。2009 年 1 月，更名为福建华兴会计师 事务所有限公司。2013 年 12 月，转制为福建华兴会计师事务所(特殊普通合伙)。 2019 年 7 月，更名为华兴会计师事务所(特殊普通合伙)。 华兴会计师事务所(特殊普通合伙)为特殊普通合伙企业，注册地址为福建省 福州市鼓楼区湖东路 152 号中山大厦 B 座 7-9 楼，首席合伙人为童益恭先生。 截至 2023 年 12 月 31 日，华兴会计师事务所(特殊普通合伙)拥有合伙人 66 名、注册会计师 337 名，其中签署过证券服务业务审计报告的注册会计师 173 人。 华兴会计师事务所前身系福建华兴会计师事务所，创立于 1981 年，历经多 次改制更名。截至 2023 年 12 月 31 日，拥有合伙人 66 名、注册会计师 337 名， 广东华特气体股份有限公司 关于 2024 年度会计师事务所的履职情况评估报告及 董事会审计委员会对会计师事务所履行 监督职责情况报告 ...

广东华特气体股份有限公司 关于召开2024年年度股东大会的通知 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： 股东大会召开日期：2025年5月13日 本次股东大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 证券代码：688268 证券简称：华特气体 公告编号：2025-028 转债代码：118033 转债简称：华特转债 一、 召开会议的基本情况 （一） 股东大会类型和届次 2024年年度股东大会 （二） 股东大会召集人：董事会 （三） 投票方式：本次股东大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 召开日期时间：2025 年 5 月 13 日 14 点 00 分 召开地点：广东省佛山市南海区里水镇和顺逢西村白天鹅酒店 （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 5 月 13 日 涉及融资融券、转融通业务、约定购回业务相关账户以及沪股通投资者的投 票，应按照《上 ...

广东华特气体股份有限公司（以下简称"公司"）第四届监事会第七次会议 于 2025 年 4 月 8 日上午 11:00 以现场及通讯方式在公司会议室召开。本次会议 通知于 2025 年 3 月 28 日以电子邮件的形式送达全体监事。本次会议应出席监事 3 名，实到 3 名，会议由监事会主席邓家汇先生主持。会议的通知和召开符合《中 华人民共和国公司法》和《广东华特气体股份有限公司章程》的规定，会议审议 并通过以下决议： 二、监事会会议审议情况 （一）审议并通过《关于<公司 2024 年度监事会工作报告>的议案》 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、准确性和完整性依法承担法律责任。 | 证券代码:688268 | 证券简称：华特气体 | 公告编号：2025-018 | | --- | --- | --- | | 转债代码:118033 | 转债简称：华特转债 | | 广东华特气体股份有限公司 第四届监事会第七次会议决议公告 一、监事会会议召开情况 表决结果：同意 3 票；反对 0 票；弃权 0 票。 该议案尚需提交股东大会审议。 （二）审议并通过《关 ...

| 证券代码:688268 | 证券简称：华特气体 | 公告编号：2025-017 | | --- | --- | --- | | 转债代码:118033 | 转债简称：华特转债 | | 广东华特气体股份有限公司 第四届董事会第十六次会议决议公告 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、准确性和完整性依法承担法律责任。 广东华特气体股份有限公司（下称"公司"）第四届董事会第十六次会议于 2025 年 4 月 8 日上午 10:00 以现场会议与通讯会议相结合的方式在公司会议室召 开，会议应出席董事 7 名，实际出席董事 7 名，符合公司章程规定的法定人数。 本次会议通知于 2025 年 3 月 28 日以电子邮件的形式送至公司全体董事，会议的 通知和召开符合《中华人民共和国公司法》《广东华特气体股份有限公司章程》 及《广东华特气体股份有限公司董事会议事规则》等有关规定，会议由董事长石 平湘召集和主持。经与会董事认真审议，形成如下决议： 一、审议并通过《关于<公司 2024 年度董事会工作报告>的议案》 2024 年度，公司董事会严格按照《公司法》《 ...

Dividend and Shareholder Returns - The company plans to distribute a cash dividend of 6.0 yuan per 10 shares, totaling approximately 71.81 million yuan, which represents 41.67% of the net profit attributable to shareholders for the year[7]. - The total number of shares eligible for profit distribution is 119,689,836 after accounting for repurchased shares[7]. - The company has implemented a share buyback amounting to approximately 5.18 million yuan during the year, contributing to a total cash distribution (dividends and buybacks) of 76.99 million yuan[7]. - The cash dividend and buyback amount combined represent 38.86% of the net profit attributable to shareholders[7]. - The company does not plan to increase capital reserves or issue bonus shares[8]. Financial Performance - The company reported a revenue of RMB 1.5 billion for the fiscal year 2024, representing a year-over-year growth of 15%[24]. - The company's operating revenue for 2024 was approximately ¥1.395 billion, a decrease of 7.02% compared to ¥1.500 billion in 2023[25]. - Net profit attributable to shareholders increased by 7.99% to approximately ¥184.78 million in 2024 from ¥171.12 million in 2023[25]. - The basic earnings per share rose to ¥1.54 in 2024, reflecting a 7.69% increase from ¥1.43 in 2023[26]. - The net cash flow from operating activities significantly increased by 72.77% to approximately ¥293.77 million in 2024 compared to ¥170.04 million in 2023[25]. - The company's total assets grew by 4.39% to approximately ¥3.301 billion at the end of 2024, up from ¥3.162 billion at the end of 2023[25]. Market and Growth Strategy - The company is expanding its market presence in Southeast Asia, aiming for a 25% market share by 2025[24]. - A strategic acquisition of a local competitor is anticipated to enhance production capacity by 30%[24]. - The company projects a revenue growth of 10% for the next fiscal year, targeting RMB 1.65 billion[24]. - New product launches include a high-purity gas line expected to contribute an additional RMB 200 million in revenue[24]. - The company aims to reduce carbon emissions by 20% by 2025 as part of its sustainability initiatives[24]. Research and Development - Research and development investments increased by 12%, focusing on advanced gas separation technologies[24]. - Research and development expenses accounted for 3.51% of operating revenue in 2024, an increase of 0.15 percentage points from 3.36% in 2023[26]. - The company is committed to continuous R&D in specialty gases, particularly focusing on high-end products related to semiconductor materials and advanced applications[47]. - The total R&D investment for the year was approximately ¥48.92 million, a decrease of 2.99% compared to the previous year, while the R&D investment as a percentage of revenue increased by 0.15 percentage points to 3.51%[79]. Risk Management and Governance - The company has outlined potential risks in its management discussion and analysis section[4]. - The future plans and strategic developments mentioned in the report do not constitute a commitment to investors, highlighting the importance of investment risk awareness[10]. - The company has established a comprehensive governance structure to enhance its credibility in the capital market and protect investors' rights[45]. - The company maintains transparent governance by strictly adhering to laws and regulations, ensuring timely and accurate information disclosure, with a 100% response rate to investor inquiries through various communication channels, totaling 185 interactions during the reporting period[45]. Industry Position and Competition - The company has established a leading position in the domestic 8-12 inch chip manufacturer market, serving high-profile clients such as TSMC and Samsung[35]. - The global semiconductor market size is projected to reach $635.1 billion in 2024, with a year-on-year growth of 19.8%[35]. - The company is positioned to benefit from the ongoing domestic substitution process and the increasing demand for high-purity specialty gases in semiconductor manufacturing[58]. - The competition in the specialty gases industry is shifting from product provision to comprehensive service capabilities, including total gas management[60]. Challenges and Risks - The company faces risks from rapid technological advancements in the semiconductor industry, requiring continuous investment in R&D to maintain competitiveness[100]. - The company is under pressure from international giants in the specialty gas market, necessitating improvements in product quality and market expansion strategies[100]. - The company is challenged by a shortage of high-end talent in the specialty gas industry, which could impact its innovation and development capabilities[101]. - The company faces significant market competition risks, with major players like Linde Group and Air Liquide dominating the global industrial gas market, potentially leading to increased market share disputes and price competition[102]. Product Development and Innovation - The company has developed key technology for detecting trace fluorine in gas analysis, addressing industry challenges related to recombination and percentage concentration of fluorine[65]. - The company has developed over 55 types of specialty gases, achieving domestic import substitution and covering more than 90% of 8-12 inch chip manufacturing enterprises in China[95]. - The company is focusing on expanding its market presence in Southeast Asia and aims to achieve breakthroughs in the European and American markets[159]. - The company plans to enhance its product offerings by developing high-value new products like hexafluorobutadiene and silane, which are crucial for semiconductor manufacturing[158]. Financial Management and Investments - The company plans to invest no less than ¥1 billion in the "Electronic Specialty Gas Production Base and R&D Center Project," with at least 40% allocated for new equipment[145]. - The company's financial assets at fair value increased to ¥196,571,078.82, with significant purchases amounting to ¥1,270,978,074.17 during the period[148]. - The total investment amount for the reporting period was ¥65,708,800.00, representing a significant increase of 445.31% from ¥12,049,725.30 in the previous year[144]. - The company reported a net cash flow from financing activities of approximately -¥80 million, a decrease of 113.52% compared to the previous period due to the completion of convertible bond issuance last year[115].

| 转债代码：118033 | 转债简称：华特转债 | | | --- | --- | --- | | 证券代码：688268 | 证券简称：华特气体 | 公告编号：2025-020 | 每股分配比例：每股派发现金红利 0.60 元（含税），不进行资本公积 转增股本，不送红股。 本次利润分配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，具体日期将在权益分派实施公告中明确。在实施 权益分派的股权登记日前公司总股本扣减公司回购专用证券账户中的股份发生 变动的，公司拟维持每股分红金额不变，相应调整分红总额，并将另行公告具体 调整情况。 公司未触及《上海证券交易所科创板股票上市规则（2024 年 4 月修订）》 （以下简称《科创板股票上市规则》）第 12.9.1 条第一款第（八）项规定的可能 被实施其他风险警示的情形。 一、利润分配方案内容 广东华特气体股份有限公司 2024 年年度利润分配方案公告 （一）利润分配方案的具体内容 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： 经华兴会 ...

Financial Performance - The basic earnings per share for 2024 is 1.5400 yuan, an increase of 7.69% compared to 1.4300 yuan in 2023 [1] - The net profit for 2024 is 1.85 billion yuan, reflecting an 8.19% increase from 1.71 billion yuan in 2023 [1] - The operating revenue for 2024 is 13.95 billion yuan, a decrease of 7% from 15 billion yuan in 2023 [1] - The return on equity for 2024 is 9.76%, slightly down from 9.77% in 2023 [1] Shareholder Structure - The top ten unrestricted shareholders hold a total of 74.0352 million shares, accounting for 61.57% of the circulating shares, with a decrease of 3.5555 million shares compared to the previous period [1] - Guangdong Huate Investment Management Co., Ltd. holds 26.6407 million shares, representing 22.16% of the total share capital, with no change [2] - The shareholding of Xiamen Huahong Duofu Investment Partnership decreased by 130,000 shares, now holding 11.1076 million shares, which is 9.24% of the total [2] Dividend Distribution - The company has announced a dividend distribution plan of 10 yuan per share, with 6 yuan being distributed (including tax) [2]

Investment Rating - The report does not explicitly provide an investment rating for the industry Core Insights - Bromine prices continue to rise, with a 15.12% increase this week, reaching 33,385 RMB/ton, following a 20.83% rise last week, and showing an 85.47% year-on-year increase [3][4] - The refrigerant sector remains strong, with R32 prices at 48,000 RMB/ton, up 5.49% from last week, driven by seasonal demand [4][5] - EVA prices have stabilized and slightly rebounded, with an average market price of 11,443 RMB/ton, reflecting a 5.47% increase since the beginning of the year [4][5] Summary by Sections 1. Sub-industry and Product Tracking - Bromine prices have shown a significant increase due to seasonal demand and supply constraints, with a current price of 33,385 RMB/ton [3][4] - Refrigerant prices are on the rise, with R32 at 48,000 RMB/ton and R125 at 45,000 RMB/ton, indicating strong market performance [4][9] - EVA prices have stabilized, with a slight rebound observed, maintaining a market average of 11,443 RMB/ton [4][42] 2. Key Industry Trends - The fluorochemical sector is experiencing a demand surge, particularly in refrigerants, with major price increases noted [5][11] - The low-altitude economy and robotics industry are expected to drive demand for new materials, such as carbon fiber and ultra-high molecular weight polyethylene [5][25] - The semiconductor materials market is growing, with China's market size increasing from 52.5 billion RMB to 95.1 billion RMB from 2017 to 2023, reflecting a CAGR of 10% [16][19] 3. Company Announcements and Industry News - Key companies in the bromine market include those involved in the production of flame retardants and pharmaceutical intermediates [3][4] - Companies like Juhua Co. and Sanmei Co. are recommended for investment due to their strong performance in the fluorochemical sector [5][11] - The report highlights the importance of domestic semiconductor material manufacturers as the industry moves towards greater localization [18][19]

Core Viewpoint - As of April 3, 2025, Huate Gas (688268) closed at 50.46 yuan, down 2.42%, with a turnover rate of 4.08% and a trading volume of 49,100 shares, amounting to a transaction value of 248 million yuan [1]. Trading Information Summary - On April 3, 2025, the main funds of Huate Gas experienced a net outflow of 11.452 million yuan, accounting for 4.61% of the total transaction value [2][4]. - Retail investors saw a net inflow of 9.9364 million yuan, representing 4.0% of the total transaction value [2]. Company Announcement Summary - Huate Gas announced that it will not adjust the conversion price of "Huate Convertible Bonds" downward, despite triggering the downward adjustment clause as of April 3, 2025 [2][4]. - The company issued 6,460,000 convertible bonds with a total fundraising amount of 646 million yuan, with a net amount of 638.18 million yuan after deducting issuance costs [2]. - The convertible bonds have a six-year term from March 21, 2023, to March 20, 2029, and can be converted into shares starting from September 27, 2023, with an initial conversion price of 84.22 yuan per share [2]. - The conversion price was adjusted to 83.29 yuan per share on July 5, 2024, due to the completion of several restricted stock incentive plans [2]. - The next period for triggering the conversion price adjustment condition will restart from April 7, 2025 [2][4].