江西悦安新材料股份有限公司（以下简称"公司"）第二届监事会第十九次 会议于 2025 年 2 月 22 日在公司会议室以现场结合通讯的方式召开。本次会议通 知及相关材料已于 2022 年 2 月 19 日以邮件方式送达公司全体监事。本次监事会 会议应到监事 3 人，实到监事 3 人，会议由监事会主席宋艳女士主持。本次会议 的召集、召开方式符合《中华人民共和国公司法》及《江西悦安新材料股份有限 公司章程》的相关规定，会议决议合法、有效。 二、监事会会议审议情况 与会监事对本次会议需审议的议案进行了充分讨论，审议通过了以下议案： 证券代码：688786 证券简称：悦安新材 公告编号：2025-005 江西悦安新材料股份有限公司 第二届监事会第十九次会议决议公告 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。 一、会议召开情况 2025 年 2 月 25 日 监事会认为：公司本次作废 2022 年限制性股票激励计划剩余限制性股票符 合有关法律、法规及公司《2022 年限制性股票激励计划（草案）》的相关规定， 不存在损害公司及全体 ...

证券代码：688786 证券简称：悦安新材 公告编号：2025-004 江西悦安新材料股份有限公司 第二届董事会第二十三次会议决议公告 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。 一、会议召开情况 江西悦安新材料股份有限公司（以下简称"公司"）第二届董事会第二十三 次会议于 2025 年 2 月 22 日在公司会议室以现场结合通讯的方式召开。本次会议 通知及相关材料已于 2025 年 2 月 19 日以邮件方式送达公司全体董事。本次董事 会会议应到董事 7 人，实到董事 7 人，会议由董事长李上奎先生主持。本次会议 的召集、召开方式符合《中华人民共和国公司法》及《江西悦安新材料股份有限 公司章程》的规定，会议决议合法、有效。 二、董事会会议审议情况 特此公告。 江西悦安新材料股份有限公司董事会 2025 年 2 月 25 日 《关于作废 2022 年限制性股票激励计划剩余限制性股票的议案》 根据《上市公司股权激励管理办法》及公司《2022 年限制性股票激励计划 （草案）》《2022 年限制性股票激励计划实施考核管理办法 ...

Financial Performance - Total revenue for 2024 reached RMB 417.78 million, an increase of 13.38% compared to the previous year[3] - Net profit attributable to shareholders decreased by 13.21% to RMB 69.32 million[5] - Basic earnings per share fell by 13.43% to RMB 0.58[3] - The decline in net profit was primarily due to increased operating costs and higher taxes related to property and land[5] Assets and Equity - Total assets at the end of the reporting period were RMB 906.48 million, a growth of 3.52% from the beginning of the period[5] - Shareholders' equity attributable to the parent company increased by 1.23% to RMB 709.97 million[5] - The company's share capital increased by 40.00% due to a capital reserve conversion[5] - The net asset value per share decreased by 27.72% to RMB 5.92[3] Financial Reporting and Caution - The company emphasizes that the financial data is preliminary and subject to change upon final audit[6] - Investors are advised to be cautious due to potential discrepancies in the final annual report[6]

证券代码：688786 证券简称：悦安新材 公告编号：2025-002 江西悦安新材料股份有限公司 关于实际控制人及一致行动人权益变动的提示性公告 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、准确性和完整性依法承担法律责任。 重要内容提示： 本次权益变动系江西悦安新材料股份有限公司（以下简称"公司"、"悦安新 材"、"发行人"）股权激励归属导致信息披露义务人持股比例被动稀释，公司实施 资本公积转增股本导致信息披露义务人持股数量变动，李博先生与赣州岳龙企业管理 合伙企业（有限合伙）（以下简称"岳龙合伙"）和赣州宏悦企业管理合伙企业（有 限合伙）（以下简称"宏悦合伙"）解除一致行动人关系，李博先生解除婚姻关系并 进行财产分割等导致实际控制人及一致行动人拥有权益的股份持股比例低于 30%。以 上权益变动属于非交易变动，不触及要约收购。 本次权益变动后，李博先生不再直接持有公司股份，李上奎先生、李博先生、 赣州岳龙投资有限公司（以下简称"岳龙投资"）仍构成一致行动关系，合计持有公 司 35,911,750 股，占公司目前总股本的比例为 29.97%。 本次权益 ...

证券代码：688786 证券简称：悦安新材 江西悦安新材料股份有限公司 简式权益变动报告书 上市公司名称：江西悦安新材料股份有限公司 股票上市地点：上海证券交易所 股票简称：悦安新材 股票代码：688786 信息披露义务人一：李博 住所及通讯地址：江西省赣州市大余县新世纪工业城 信息披露义务人二：李上奎 1 信息披露义务人声明 一、信息披露义务人依据《中华人民共和国证券法》《上市公司收购管理办法》 《公开发行证券的公司信息披露内容与格式准则第 15 号——权益变动报告书》等相 关的法律、法规及规范性文件编写本报告书。 二、信息披露义务人签署本报告书已获得必要的授权和批准，其履行亦不违反信 息披露义务人章程或内部规则中的任何条款，或与之相冲突。 三、依据《中华人民共和国证券法》《上市公司收购管理办法》《公开发行证券 的公司信息披露内容与格式准则第 15 号——权益变动报告书》规定，本报告书已全 面披露了信息披露义务人在江西悦安新材料股份有限公司（以下简称"悦安新材"或 "公司"、"上市公司"）中拥有权益的股份变动情况。 四、截至本报告书签署之日，除本报告书披露的信息外，信息披露义务人没有通 过任何其他方式增加或 ...

证券代码：688786 证券简称：悦安新材 公告编号：2025-001 江西悦安新材料股份有限公司 关于合伙企业变更执行事务合伙人暨持股5%以上 股东权益变动的提示性公告 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、准确性和完整性依法承担法律责任。 重要内容提示： 本次权益变动系江西悦安新材料股份有限公司（以下简称"公司"）实际控 制人与部分一致行动人解除一致行动关系，不涉及各方减持股份，亦不触及要约收购。 李上奎先生为公司控股股东、实际控制人，同时是赣州岳龙投资有限公司 （以下简称"岳龙投资"）的实际控制人；李上奎先生与李博先生为父子关系，李博 先生为赣州岳龙企业管理合伙企业（有限合伙）（以下简称"岳龙合伙"）及赣州宏 悦企业管理合伙企业（有限合伙）（以下简称"宏悦合伙"）的执行事务合伙人，鉴 于上述关系，李上奎先生、李博先生、岳龙投资、岳龙合伙及宏悦合伙构成一致行动 关系。本次权益变动前，李上奎先生、李博先生、岳龙投资、岳龙合伙及宏悦合伙合 计持有公司32,056,250股，占当时公司总股本的比例为37.52%。 鉴于岳龙合伙的执行事务合伙人已由李 ...

Investment Rating - Buy (maintained) [1] Core Views - The company's Q3 2024 revenue reached 1.06 billion yuan, a year-on-year increase of 19.1%, but a quarter-on-quarter decrease of 9.3% [1] - Net profit attributable to the parent company in Q3 2024 was 0.2 billion yuan, a year-on-year decrease of 7.2% and a quarter-on-quarter decrease of 1.4% [1] - The company's revenue growth is attributed to the steady production of carbonyl iron powder and increased demand for alloy powder [2] - Gross margin in Q3 2024 was 35.29%, a year-on-year decrease of 8.14 percentage points but a quarter-on-quarter increase of 0.74 percentage points [2] - Net margin in Q3 2024 was 18.32%, a year-on-year decrease of 4.97 percentage points but a quarter-on-quarter increase of 1.24 percentage points [2] - The company is in a critical period of capacity expansion, with key projects in Jiangxi and Ningxia progressing [2] Financial Forecasts - Revenue for 2024 is expected to be 465.73 million yuan, with a year-on-year growth rate of 26.39% [4] - Net profit attributable to the parent company for 2024 is forecasted to be 84.25 million yuan, with a year-on-year growth rate of 5.47% [4] - Revenue for 2025 is expected to reach 636.40 million yuan, with a year-on-year growth rate of 36.64% [4] - Net profit attributable to the parent company for 2025 is forecasted to be 118.28 million yuan, with a year-on-year growth rate of 40.39% [4] - Revenue for 2026 is expected to reach 939.16 million yuan, with a year-on-year growth rate of 47.58% [4] - Net profit attributable to the parent company for 2026 is forecasted to be 181.43 million yuan, with a year-on-year growth rate of 53.39% [4] Valuation Metrics - The current PE ratio for 2024 is 34x, expected to decrease to 24x in 2025 and 16x in 2026 [3] - The company's ROE is expected to increase from 11.44% in 2024 to 21.03% in 2026 [4] - The company's net margin is expected to improve from 17.85% in 2024 to 19.43% in 2026 [4] Market Performance - The company's closing price on October 31, 2024, was 23.70 yuan [7] - The company's total market capitalization is 2,840.05 million yuan [7] - The company's debt-to-asset ratio is 19.65% [7]

证券代码：688786 证券简称：悦安新材 编号：2024-040 一、说明会类型 本次业绩说明会以网络文字互动形式召开，公司将针对 2024 年第三季度的经营 成果和财务指标的具体情况与投资者进行互动交流和沟通，在信息披露允许的范围内 就投资者普遍关注的问题进行回答。 二、说明会召开的时间、地点 （一）会议召开时间：2024 年 11 月 8 日（星期五）下午 16:00-17:00 重要内容提示： 投资者可于 2024 年 11 月 1 日（星期五）至 2024 年 11 月 7 日（星期四）16:00 前 通过电子邮件形式将需要了解和关注的问题提前提供给公司，公司将在说明会上就投 资者普遍关注的问题予以回答。 江西悦安新材料股份有限公司（以下简称"公司"）已于 2024 年 10 月 29 日在上 海证券交易所网站（www.sse.com.cn）披露了公司 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 年第三季度经营情况，公司计划于 2024 年 11 月 8 日下午 16:00-17:00 通过上海证券报·中国证券网路演中心召开 2024 年第三季度 业绩说明会，就投资 ...

Revenue and Profit - Revenue for the reporting period was RMB 105.98 million, a year-on-year increase of 19.13%[3] - Net profit attributable to shareholders of the listed company was RMB 19.63 million, a year-on-year decrease of 7.20%[3] - Operating revenue for the first three quarters of 2024 reached 310,941,360.63 RMB, a 15.7% increase from 268,654,093.61 RMB in the same period of 2023[14] - Net profit for the first three quarters of 2024 was 55,868,694.91 RMB, a 4.3% decrease from 58,382,546.37 RMB in the same period of 2023[16] - Net profit attributable to parent company shareholders decreased to RMB 56.32 million in the first three quarters of 2024, down 4.7% from RMB 59.08 million in the same period of 2023[17] - Comprehensive income totaled RMB 55.86 million in the first three quarters of 2024, a 4.5% decrease from RMB 58.49 million in the same period of 2023[17] R&D Investment - R&D investment for the reporting period was RMB 5.42 million, a year-on-year decrease of 8.83%[5] - R&D investment as a percentage of revenue was 5.11%, a decrease of 1.57 percentage points year-on-year[5] - R&D expenses for the first three quarters of 2024 were 14,305,254.74 RMB, a 8.2% decrease from 15,585,805.55 RMB in the same period of 2023[16] Assets and Liabilities - Total assets at the end of the reporting period were RMB 890.39 million, an increase of 1.69% compared to the end of the previous year[5] - Total assets increased to 890,392,136.65 RMB as of September 30, 2024, compared to 875,611,575.48 RMB at the end of 2023[13] - Total liabilities increased to 174,964,247.25 RMB as of September 30, 2024, compared to 165,832,179.79 RMB at the end of 2023[14] - Total equity increased to 715,427,889.40 RMB as of September 30, 2024, compared to 709,779,395.69 RMB at the end of 2023[14] Cash Flow - Net cash flow from operating activities for the period from the beginning of the year to the end of the reporting period was RMB 47.86 million, a year-on-year increase of 51.43%[3] - Operating cash flow for the first nine months of the year was RMB 51.43 million, primarily due to a decrease in cash paid for goods and services[8] - Operating cash flow increased by 51.4% to RMB 47.86 million in the first three quarters of 2024, compared to RMB 31.61 million in the same period of 2023[18] - Cash received from sales of goods and services decreased by 16.3% to RMB 240.43 million in the first three quarters of 2024, compared to RMB 287.20 million in the same period of 2023[18] - Cash paid for goods and services decreased by 40.2% to RMB 107.32 million in the first three quarters of 2024, compared to RMB 179.53 million in the same period of 2023[18] - Investment cash outflow decreased by 61.2% to RMB 154.90 million in the first three quarters of 2024, compared to RMB 398.76 million in the same period of 2023[19] - Cash and cash equivalents at the end of the period decreased by 70.8% to RMB 66.46 million in the first three quarters of 2024, compared to RMB 227.84 million in the same period of 2023[19] - Cash received from investments decreased by 78.1% to RMB 62.88 million in the first three quarters of 2024, compared to RMB 286.97 million in the same period of 2023[19] - Cash received from financing activities decreased by 54.1% to RMB 40.54 million in the first three quarters of 2024, compared to RMB 88.24 million in the same period of 2023[19] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 3,555[8] - Li Shangkui, the largest shareholder, holds 31,844,750 shares, representing 26.57% of the total shares[8] - Yu Yuanbao, the second-largest shareholder, holds 11,459,000 shares, representing 9.56% of the total shares[8] Financial Metrics - Basic earnings per share for the reporting period were RMB 0.16, a year-on-year decrease of 11.11%[3] - Weighted average return on equity for the reporting period was 2.85%, a decrease of 0.34 percentage points year-on-year[3] - Basic earnings per share decreased to RMB 0.47 in the first three quarters of 2024, down 4.1% from RMB 0.49 in the same period of 2023[17] Government Subsidies and Non-Recurring Items - Government subsidies received during the reporting period amounted to RMB 1.35 million[6] - Non-recurring gains and losses for the reporting period totaled RMB 1.10 million[7] Asset Changes - Monetary funds decreased to RMB 69.37 million as of September 30, 2024, compared to RMB 185.81 million at the end of 2023[11] - Trade receivables increased to RMB 83.51 million as of September 30, 2024, compared to RMB 70.42 million at the end of 2023[12] - Inventory increased to RMB 116.48 million as of September 30, 2024, compared to RMB 104.86 million at the end of 2023[12] - Fixed assets increased to RMB 303.32 million as of September 30, 2024, compared to RMB 295.68 million at the end of 2023[12] - Construction in progress increased to RMB 115.11 million as of September 30, 2024, compared to RMB 80.38 million at the end of 2023[12] - Intangible assets increased to RMB 52.41 million as of September 30, 2024, compared to RMB 26.24 million at the end of 2023[12] - Other non-current assets decreased to 25,532,277.39 RMB as of September 30, 2024, from 32,995,436.49 RMB at the end of 2023[13] - Contract liabilities increased to 2,168,695.76 RMB as of September 30, 2024, from 1,429,327.42 RMB at the end of 2023[13] Expenses - Sales expenses for the first three quarters of 2024 were 8,574,605.32 RMB, an 18.6% increase from 7,230,169.28 RMB in the same period of 2023[16] - Financial expenses for the first three quarters of 2024 were -2,758,344.81 RMB, compared to -4,213,461.45 RMB in the same period of 2023[16]

江西悦安新材料股份有限公司 2024 年第二次临时股东大会决议公告 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。 证券代码：688786 证券简称：悦安新材 公告编号：2024-039 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：2024 年 10 月 25 日 （二） 股东大会召开的地点：江西省赣州市大余县新世纪工业城新华工业园江 西悦安新材料股份有限公司会议室 （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 | 54 | | --- | --- | | 普通股股东人数 | 54 | | 2、出席会议的股东所持有的表决权数量 | 61,793,370 | | 普通股股东所持有表决权数量 | 61,793,370 | | 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 | 51.5660 | | 例（%） | | | 普通股股东所持有表决权数量占公司表决权数量的比例（%） | ...