证券代码：001358 证券简称：兴欣新材 公告编号：2025-044 绍兴兴欣新材料股份有限公司 2025年第三次临时股东大会决议的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、 误导性陈述或重大遗漏。 特别提示： 1.本次股东大会未出现否决提案的情况； 2.本次股东大会未涉及变更以往股东大会已通过的决议的情况。 一、会议召开情况 1.会议召开的日期、时间： （1）现场会议时间：2025年9月11日（星期四）14：00； （2）网络投票时间：通过深圳证券交易所交易系统进行网络投票的具体时 间为2025年9月11日（星期四）上午9:15－9:25、9:30-11:30和下午13:00－15:00； 通过深圳证券交易所互联网投票系统投票的具体时间为2025年9月11日（星 期四）上午9:15至下午15:00期间的任意时间。 通过现场和网络投票的股东 79 人，代表股份 80,372,086 股，占公司有表决 权股份总数的 65.2371％。 其中：通过现场投票的股东 7 人，代表股份 80,170,748 股，占公司有表决 权股份总数的 65.0737％。 通过网络投票的股东72 ...

Core Viewpoint - The company is experiencing a decline in performance due to falling prices of key raw materials, which has led to a decrease in both revenue and net profit. However, it is implementing strategic projects to ensure long-term stability and competitiveness in the market [2]. Group 1: Performance Decline and Outlook - The company's performance is declining primarily due to the continuous drop in prices of key raw materials, specifically piperazine and ethylenediamine, which has resulted in lower sales prices and a corresponding decrease in revenue [2]. - The company has a project in Anhui with an annual capacity of 8,800 tons of piperazine products, aimed at ensuring stable supply of raw materials when prices rise or supply is short, thus maintaining competitive advantage [2]. Group 2: Investment Projects Progress and Applications - The company has completed trial production of a project with an annual capacity of 10,000 tons of 40% piperazine-1,4-dithiocarbamate, which is now in the market promotion phase, targeting applications in heavy metal pollution treatment [3]. - Another project, producing 2,000 tons of pentamethyldiethylenetriamine, has successfully completed trial production and is now operational, primarily serving the polyurethane foaming agent sector [3]. Group 3: CCUS Project Introduction - The CCUS project focuses on carbon capture, utilization, and storage, aiming to reduce carbon emissions by capturing CO2 produced during industrial processes [4]. - The company is collaborating with Tsinghua University's Environmental College to develop piperazine-based absorbents for carbon capture, leveraging both parties' strengths in environmental technology and engineering applications [4]. Group 4: Guangxi Qinzhuo Ethylenediamine Project Advantages - The company is investing 800 million yuan in a joint venture in Guangxi to establish a subsidiary focused on ethylenediamine production, utilizing a different production method to create high-value amine products [5]. - The location in Qinzhuo is strategic due to proximity to large petrochemical enterprises, which helps reduce raw material procurement and transportation costs, while also facilitating the sale of by-products [5].

Group 1: Company Performance - The company is experiencing a decline in operating performance and profits due to falling prices of key raw materials, specifically 68-piperazine and ethylenediamine, leading to a decrease in sales revenue and net profit [2][3] - Despite the decline in revenue, the sales volume of the company's products has remained stable, indicating a leading position in the industry [2] Group 2: Project Updates - The 8,800-ton piperazine series product project in Anhui has officially commenced production, aimed at ensuring stable raw material supply and maintaining competitive advantage [3] - The project for producing 14,000 tons of environmentally friendly solvent products and 5,250 tons of polyurethane foaming agents is progressing as planned, with the sub-project for 10,000 tons of 40% piperazine-1,4-dithiocarbamate potassium salt having completed trial production [3][4] Group 3: CCUS and Environmental Initiatives - The CCUS project focuses on capturing and utilizing carbon dioxide emissions to reduce greenhouse gas emissions and support carbon neutrality goals [4] - The company collaborates with Tsinghua University's Environmental College to develop piperazine-based absorbents for air pollutant and greenhouse gas control [5] Group 4: New Investments - An investment of 800 million yuan has been made to establish a subsidiary in Qinzhou, Guangxi, focusing on the ethylene amine project, which aims to produce high-value amine products using a more efficient production method [5] - The project benefits from proximity to major petrochemical enterprises, reducing raw material procurement costs and enhancing economic efficiency through the sale of by-products [5]

Group 1 - The company plans to establish a new project in Guangxi Qinzhou to optimize its industrial layout and enhance core competitiveness, with an investment of approximately 800 million yuan for the first phase of the project, which aims to produce 153,000 tons of polyolefin amine series products annually [2][5] - The investment decision was approved through a series of meetings held on July 3, July 21, and a subsequent shareholders' meeting, allowing the company to sign a project investment contract with the management committee of the China-Malaysia Qinzhou Industrial Park [3] - The company has signed an investment agreement with partners to establish Guangxi Xingxin New Materials Co., Ltd., which will implement the project, and has completed the necessary business registration [4] Group 2 - The contract signing marks a significant step in advancing the project, which is expected to leverage local geographical and raw material supply advantages, thereby expanding the company's circular economy industrial chain and enhancing profitability and market competitiveness [7] - The company intends to fund the project through its own or self-raised funds, maintaining a good financial status without significant debt, which is not expected to adversely affect its current operational and financial conditions [7]

一、对外投资概述 证券代码：001358 证券简称：兴欣新材 公告编号：2025-043 绍兴兴欣新材料股份有限公司 关于签署项目投资合同暨对外投资的进展公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、 误导性陈述或重大遗漏。 具体内容详见公司分别于 2025 年 7 月 4 日、2025 年 7 月 22 日、2025 年 7 月 29 日、2025 年 8 月 5 日在巨潮资讯网（www.cninfo.com.cn）披露的《关于拟 签署项目投资合同暨对外投资的公告》《2025 年第二次临时股东大会决议的公 告》《关于设立控股子公司暨对外投资的进展公告》《关于对外投资进展暨控股 子公司完成工商登记的公告》等相关公告。 （一）基本情况 根据绍兴兴欣新材料股份有限公司（以下简称"公司"）未来发展规划，为 进一步优化公司产业布局，提升公司核心竞争力，公司计划在广西钦州筹建新项 目。经与中国—马来西亚钦州产业园区管理委员会（以下简称"管委会"）沟通 协商一致，公司将在中国—马来西亚钦州产业园区设立具有独立法人资格的全资 子公司或控股子公司投资建设兴欣年产 15.3 万吨多烯多胺系列产品 ...

Core Viewpoint - The company announced a change in its legal representative and general manager, indicating a potential shift in management strategy and direction [1] Company Changes - The wholly-owned subsidiary, Anhui Xingxin New Materials Co., Ltd., has completed the registration procedures for the change of legal representative and general manager [1] - The new legal representative and general manager is Yuan Binwei, replacing the previous representatives Lü Anchun and Wang Jian [1] - The change has been approved by the East Zhixian Market Supervision Administration, and a new business license has been issued [1]

证券代码：001358 证券简称：兴欣新材 公告编号：2025-042 绍兴兴欣新材料股份有限公司 关于全资子公司完成工商变更登记并换发营业执照 的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、 误导性陈述或重大遗漏。 绍兴兴欣新材料股份有限公司全资子公司安徽兴欣新材料有限公司（以下简 称"安徽兴欣"）于近日完成了法定代表人、总经理的工商变更登记手续，并经 东至县市场监督管理局核准，取得新换发的《营业执照》，具体情况如下： 一、本次变更具体内容 | 变更主体 | 变更职位 | 变更前 | 变更后 | | --- | --- | --- | --- | | 安徽兴欣 | 法定代表人 | 吕安春 | 袁斌炜 | | | 总经理 | 王键 | 袁斌炜 | 二、《营业执照》基本信息 董事会 2025 年 8 月 30 日 名称：安徽兴欣新材料有限公司 统一社会代码：913417216709240261 类型：有限责任公司(自然人投资或控股的法人独资) 法定代表人：袁斌炜 注册资本：陆仟万圆整 成立日期：2008 年 1 月 18 日 住所：安徽东至经济开发区 经营范围：一般项目：新材料 ...

Investment Rating - The investment rating for the company is "Buy" (maintained) [1] Core Views - The company has established long-term stable partnerships with globally recognized suppliers and downstream customers, which is expected to further strengthen its competitive advantage [7][8] - The decline in the selling prices of the company's main products has led to a year-on-year decrease in profits [5] - The company has slightly revised down its profit forecast for 2025-2027, predicting net profits of 1.03 billion, 1.12 billion, and 1.26 billion respectively, with corresponding PE ratios of 31.0, 28.7, and 25.4 times [9] Financial Performance - In the first half of 2025, the company achieved operating revenue of 218 million, a year-on-year increase of 0.02%, and a net profit attributable to shareholders of 34 million, a year-on-year decrease of 21.72% [4] - The revenue from the piperazine series products in the first half of 2025 was 177 million, a year-on-year decrease of 7.56%, while the revenue from the amide series products increased by 82.73% to 25 million [5] - The financial expense ratio increased due to reduced interest income from structured deposits [6] Profit Forecast - The company forecasts operating revenues of 457 million, 502 million, and 579 million for 2025, 2026, and 2027 respectively, with growth rates of -2.4%, 9.7%, and 15.4% [11] - The net profit attributable to shareholders is expected to grow at rates of 27.4%, 8.1%, and 12.7% for the same years [11]

Company Overview - Xingxin New Materials reported a stock price of 26.33 yuan on August 27, with a decrease of 1.48 yuan, representing a decline of 5.32% [1] - The company operates in the chemical raw materials sector, focusing on the research, production, and sales of organic amine fine chemicals [1] - Headquartered in Zhejiang, the company's products are involved in soil remediation and water purification [1] Financial Performance - For the first half of 2025, the company achieved a revenue of 218 million yuan, a slight increase of 0.02% year-on-year [1] - The net profit attributable to shareholders was 33.64 million yuan, a year-on-year decrease of 21.72% [1] - The net profit excluding non-recurring items was 25.48 million yuan, down 34.56% year-on-year [1] - The net cash flow from operating activities was 19.38 million yuan, a decline of 43.26% year-on-year [1] Market Activity - On August 27, the net outflow of main funds for Xingxin New Materials was 12.77 million yuan, accounting for 0.95% of the circulating market value [1] - Over the past five trading days, the cumulative net inflow of main funds was 26.72 million yuan, representing 1.99% of the circulating market value [1]

Core Insights - Xinxin New Materials (001358.SZ) released its semi-annual report for 2025 on August 27, 2025, indicating significant institutional investment [1] Institutional Holdings - As of August 26, 2025, four institutional investors disclosed holdings in Xinxin New Materials A-shares, totaling 15.9026 million shares, which represents 12.91% of the company's total equity [1] - The institutional investors include Shaoxing Shangyu Jingfeng Investment Partnership (Limited Partnership), Shaoxing Shangyu Jingtai Investment Partnership (Limited Partnership), and the 2025 Employee Stock Ownership Plan of Shaoxing Xinxin New Materials Co., Ltd. [1] - The total institutional holding percentage increased by 2.48 percentage points compared to the previous quarter [1]