中复神鹰碳纤维股份有限公司 独立董事提名人声明与承诺 提名人中复神鹰碳纤维股份有限公司董事会，现提名刘泉为 中复神鹰碳纤维股份有限公司第二届董事会独立董事候选人，并 已充分了解被提名人职业、学历、职称、详细的工作经历、全部 兼职、有无重大失信等不良记录等情况。被提名人已书面同意出 任中复神鹰碳纤维股份有限公司第二届董事会独立董事候选人。 提名人认为，被提名人具备独立董事任职资格，与中复神鹰碳纤 维股份有限公司之间不存在任何影响其独立性的关系，具体声明 并承诺如下： 一、被提名人具备上市公司运作的基本知识，熟悉相关法律、 行政法规、规章及其他规范性文件，具有五年以上法律、经济、 会计、财务、管理等履行独立董事职责所必需的工作经验。 被提名人尚未取得独立董事资格证书。被提名人已承诺在本 次提名后，参加上海证券交易所举办的最近一期独立董事资格培 训并取得独立董事资格证书。 二、被提名人任职资格符合下列法律、行政法规和部门规章 的要求： （一）《中华人民共和国公司法》等关于董事任职资格的规 定； （二）《中华人民共和国公务员法》关于公务员兼任职务的 规定（如适用）； （三）中国证监会《上市公司独立董事管理办法》、上海 ...

中复神鹰碳纤维股份有限公司 独立董事候选人声明与承诺 本人刘泉，已充分了解并同意由提名人中复神鹰碳纤维股份 有限公司董事会提名为中复神鹰碳纤维股份有限公司第二届董 事会独立董事候选人。本人公开声明，本人具备独立董事任职资 格，保证不存在任何影响本人担任中复神鹰碳纤维股份有限公司 独立董事独立性的关系，具体声明并承诺如下： 一、本人具备上市公司运作的基本知识，熟悉相关法律、行 政法规、部门规章及其他规范性文件，具有五年以上法律、经济 会计、财务、管理或者其他履行独立董事职责所必需的工作经验。 本人已完成独立董事履职学习平台培训学习。 二、本人任职资格符合下列法律、行政法规和部门规章以及 公司规章的要求： （一）《中华人民共和国公司法》等关于董事任职资格的规 定； （二）《中华人民共和国公务员法》关于公务员兼任职务的 规定（如适用）； （三）中国证监会《上市公司独立董事管理办法》和上海证 券交易所自律监管规则有关独立董事任职资格和条件的相关规 定； （四）中共中央纪委、中共中央组织部《关于规范中管干部 辞去公职或者退（离）休后担任上市公司、基金管理公司独立董 事、独立监事的通知》的规定（如适用）； （五）中共中央 ...

证券代码：688295 证券简称：中复神鹰 公告编号：2024-021 中复神鹰碳纤维股份有限公司 关于召开 2024 年第一次临时股东大会的通知 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： 一、 召开会议的基本情况 召开日期时间：2024 年 8 月 16 日 14 点整 召开地点：江苏省连云港市经济技术开发区大浦工业区公司会议室 （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 2024 年 8 月 16 日 至 2024 年 8 月 16 日 采用上海证券交易所网络投票系统，通过交易系统投票平台的投票时间为股 东大会召开当日的交易时间段，即 9:15-9:25，9:30-11:30，13:00-15:00；通 1 1、 说明议案已披露的时间和披露媒体 上述议案已提交公司第二届董事会第四次会议审议通过；相关公告于 2024 年 7 月 31 日刊登在上海证券交易所网站（www.sse.com.cn）以及《中国证券报》 股东大会召开日期 ...

Summary of Conference Call Company Overview - The company discussed is 中富神鹰, a leading domestic exploration enterprise in China, recognized for its innovation and technological breakthroughs in the industry [1]. Core Points and Arguments - 中富神鹰 has achieved a key technological breakthrough in dry spraying release, which is a significant advancement in the domestic exploration sector [1]. - The company emphasizes its commitment to self-manufacturing core equipment, which aligns with the national strategy for domestic production and innovation [1]. Other Important Content - The chairman, 张国梁, expressed gratitude for the ongoing trust and support from stakeholders, highlighting the company's focus on innovation and leadership in the exploration industry [1].

证券代码：688295 证券简称：中复神鹰 公告编号：2024-019 中复神鹰碳纤维股份有限公司 关于独立董事辞职的公告 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。 中复神鹰碳纤维股份有限公司（以下简称"公司"）董事会于近日收到公司 独立董事孙正明先生递交的书面辞职报告。孙正明先生因个人原因，提请辞去公 司第二届董事会独立董事职务，同时辞去第二届董事会提名委员会召集人及董事 会战略与 ESG 委员会委员职务。辞职后，孙正明先生不再担任公司任何职务，孙 正明先生上述职务原定任期至公司第二届董事会届满之日止。截至本公告披露日， 孙正明先生未持有公司股份，亦不存在应当履行而未履行的承诺事项。 鉴于孙正明先生的辞职将导致公司独立董事人数少于董事会成员人数的三 分之一，根据《中华人民共和国公司法》《上市公司独立董事管理办法》《上海证 券交易所科创板上市公司自律监管指引第 1 号——规范运作》等相关法律法规及 《中复神鹰碳纤维股份有限公司章程》（以下简称"《公司章程》"）的相关规定， 孙正明先生的辞职报告将在公司股东大会选举产生 ...

Investment Rating - The report maintains a "Buy" rating for the company [3][5]. Core Views - The company's capacity position continues to strengthen, with advanced layouts in high-end demand sectors such as civil aviation. The technical capability to customize product processes based on customer performance requirements may further contribute to cost reduction [2][3]. - Given the pressure on supply and demand in the civil sector, prices are expected to stabilize at low levels. The EPS estimates for 2024-2026 have been adjusted to 0.36 (-0.52), 0.48 (-0.60), and 0.69 (first time) yuan, respectively. The target price has been lowered to 32.60 yuan (-23.66) [3][4]. - Sales are projected to grow alongside capacity increases, with an estimated sales volume of around 24,000 tons in 2024, representing a year-on-year increase of approximately 33%. The main contributions are expected from breakthroughs in wind power, increased exports following overseas personnel and warehouse arrangements, and the ongoing development of hydrogen energy pressure vessels [3][4]. - The customized model has further cost reduction potential, with the company maintaining a leading position in profitability within the industry. The estimated cost per ton is expected to continue optimizing throughout 2024, supported by energy recovery modifications at the Xining base [3][4]. - The company is advancing its new base in Lianyungang, with trial production expected by the end of 2024 or early 2025. Despite a decline in global carbon fiber demand in 2023, the company has shown strong sales growth, indicating a significant increase in market share across key sectors [3][4]. Financial Summary - The company's revenue for 2022 was 1,995 million yuan, with projections of 2,259 million yuan for 2023, 2,440 million yuan for 2024, 3,463 million yuan for 2025, and 4,529 million yuan for 2026, reflecting growth rates of 70.0%, 13.3%, 8.0%, 41.9%, and 30.8% respectively [4][9]. - The net profit attributable to the parent company for 2022 was 605 million yuan, with projections of 318 million yuan for 2023, 320 million yuan for 2024, 436 million yuan for 2025, and 624 million yuan for 2026, showing a significant decline in 2023 but recovery in subsequent years [4][9]. - The estimated EPS for 2024 is 0.36 yuan, with projections of 0.48 yuan for 2025 and 0.69 yuan for 2026 [4][9].

为了规范募集资金的管理和使用，保护投资者权益，公司设立了募集资金专 项账户。募集资金到账后，已全部存放于募集资金专项账户内，公司已与保荐机 构及存放募集资金的商业银行签订了《募集资金专户存储三方监管协议》。《募集 资金专户存储三方监管协议》对公司、保荐机构及存放募集资金的商业银行的相 关责任和义务进行了详细约定。截至本公告日，公司募集资金专项账户开立和存 储情况如下： 证券代码：688295 证券简称：中复神鹰 公告编号：2024-018 中复神鹰碳纤维股份有限公司 关于部分募集资金专户销户完成的公告 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。 中复神鹰碳纤维股份有限公司（以下简称"公司"）首次公开发行股票募集 资金按照相关法律、法规和规范性文件的规定在银行开立了募集资金专用账户。 近日，公司部分募集资金专用账户的注销手续已经办理完成，具体情况如下： 一、募集资金基本情况 中国证券监督管理委员会于 2022 年 2 月 22 日出具了《关于同意中复神鹰碳 纤维股份有限公司首次公开发行股票注册的批复》（证监许可[2022 ...

证券代码：688295 证券简称：中复神鹰 公告编号：2024-017 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： | 股权登记日 | 除权（息）日 | 现金红利发放日 | | --- | --- | --- | | 2024/5/22 | 2024/5/23 | 2024/5/23 | 一、 通过分配方案的股东大会届次和日期 本次利润分配方案经中复神鹰碳纤维股份有限公司（以下简称"公司"或"本 公司"）2024 年 4 月 19 日的 2023 年年度股东大会审议通过。 二、 分配方案 1. 发放年度：2023 年年度 2. 分派对象： 中复神鹰碳纤维股份有限公司 2023 年年度权益分派实施公告 本次利润分配以方案实施前的公司总股本 900,000,000 股为基数，每股派发 1 是否涉及差异化分红送转：否 每股分配比例 每股现金红利 0.106 元 相关日期 现金红利 0.106 元（含税），共计派发现金红利 95,400,000.00 元。 四、 分配实施办法 1. 实施办法 截至股权登记日下午上 ...

Investment Rating - The report maintains a "Buy" rating for Zhongfu Shenying (688295 SH) [1] Core Views - The company achieved revenue of 2 26 billion yuan in 2023 with a YoY growth of 13 3% but saw a significant decline in net profit attributable to the parent company by 47 5% [1] - In Q1 2024 the company reported revenue of 448 million yuan a YoY decrease of 21 1% and net profit attributable to the parent company of 42 million yuan a YoY drop of 68 1% [1] - The company's carbon fiber production reached 19 800 tons in 2023 with a YoY increase of 86 2% and sales volume reached 18 000 tons with a YoY growth of 92 4% [1] - The average price of carbon fiber in 2023 was 124 000 yuan per ton a YoY decrease of 41 1% while the Q1 2024 average price was 95 000 yuan per ton remaining stable compared to Q4 2023 [1] - The company's cost per ton decreased by 21 2% in 2023 due to economies of scale and is expected to continue declining [1] - The company has a total production capacity of 28 500 tons with the Lianyungang 30 000-ton project progressing steadily and expected to start trial production by the end of 2024 [1] - The company holds a leading position in the domestic market with a market share of over 50% in T700 grade and above products and 80% in the hydrogen storage tank sector [1] Financial Performance - Revenue is projected to grow from 2 519 million yuan in 2024E to 4 085 million yuan in 2026E with a CAGR of 23 2% [1] - Net profit attributable to the parent company is expected to increase from 232 million yuan in 2024E to 759 million yuan in 2026E with a CAGR of 35 4% [1] - The company's gross margin is forecasted to improve from 28 1% in 2024E to 38 8% in 2026E [6] - ROE is expected to rise from 4 7% in 2024E to 13 0% in 2026E [6] Industry and Competitive Position - The company is a leader in small and medium tow carbon fiber in China with significant scale and cost advantages [1] - It has a diversified product portfolio covering 1K-48K specifications and can flexibly adjust production lines to meet market demand [1] - The company has a strong presence in strategic emerging fields such as hydrogen storage tanks and carbon carbon composites [1]

Investment Rating - The report maintains a "Recommend" rating for the company with a target price of 32.5 RMB [1][3] Core Views - The company's Q1 2024 revenue was 448 million RMB, a year-on-year decrease of 21.10%, while net profit attributable to shareholders was 42 million RMB, a year-on-year decrease of 68.12% [1] - The decline in profitability is attributed to the drop in carbon fiber product prices, with the average selling price of carbon fiber in 2023 at 124,300 RMB/ton, a year-on-year decrease of 41% [1] - The company's carbon fiber sales volume in 2023 reached 18,000 tons, a year-on-year increase of 92%, driven by the steady increase in production capacity at the Xining base [1] - The company's gross margin and net margin in Q1 2024 were 25.25% and 9.32%, respectively, down by 15.6 and 13.7 percentage points year-on-year [1] - The company's total carbon fiber production capacity reached 28,500 tons by the end of 2023, ranking among the top three globally [1] Financial Performance - The company's 2024E revenue is projected to be 3,068 million RMB, a year-on-year increase of 35.8%, with net profit attributable to shareholders expected to be 364 million RMB, a year-on-year increase of 14.4% [2] - The company's 2025E revenue is projected to be 3,301 million RMB, a year-on-year increase of 7.6%, with net profit attributable to shareholders expected to be 447 million RMB, a year-on-year increase of 23.0% [2] - The company's 2026E revenue is projected to be 4,145 million RMB, a year-on-year increase of 25.5%, with net profit attributable to shareholders expected to be 617 million RMB, a year-on-year increase of 38.0% [2] - The company's 2024E EPS is projected to be 0.40 RMB, with a P/E ratio of 66x [2] Industry and Market Trends - The price of large-tow carbon fiber has been rising since 2024, with T300 (25K) and T300 (50K) prices increasing by 3.9% and 4.2% respectively by May 3, 2024 [1] - The company is accelerating R&D in aerospace applications, with the progress of carbon fiber aerospace application R&D projects exceeding 64% by the end of 2023 [1] - The company is expanding its product applications in emerging fields such as electronics 3C, automotive, and drones, which is expected to enhance its competitive advantage [1] Valuation and Projections - The report projects the company's 2024-2026 net profit attributable to shareholders to be 364 million RMB, 447 million RMB, and 617 million RMB, respectively, with corresponding EPS of 0.40 RMB, 0.50 RMB, and 0.69 RMB [1] - The report assigns a 2025E P/E ratio of 65x, corresponding to a target price of 32.5 RMB [1]