证券简称： 民士达 证券代码： 833394 烟台民士达特种纸业股份有限公司 山东省烟台市经济技术开发区太原路 3 号 烟台民士达特种纸业股份有限公司招股说明书（申报稿） 本招股说明书申报稿不具有据以发行股票的法律效力，投资者应当以正式公告的招股说明书 全文作为投资决定的依据。 本次股票发行后拟在北京证券交易所上市，该市场具有较高的投资风险。北京证券交易所主 要服务创新型中小企业，上市公司具有经营风险高、业绩不稳定、退市风险高等特点，投资者面 临较大的市场风险。投资者应充分了解北京证券交易所市场的投资风险及本公司所披露的风险因 素，审慎作出投资决定。 （济南市市中区经七路 86 号） 1-1-1 中国证监会和北京证券交易所对本次发行所作的任何决定或意见，均不表明其对注册申 请文件及所披露信息的真实性、准确性、完整性作出保证，也不表明其对发行人的盈利能力、 投资价值或者对投资者的收益作出实质性判断或者保证。任何与之相反的声明均属虚假不实 陈述。 根据《证券法》的规定，股票依法发行后，发行人经营与收益的变化，由发行人自行负 责；投资者自主判断发行人的投资价值，自主作出投资决策，自行承担股票依法发行后因发 行人经营 ...

Revenue Performance - In 2022, the total revenue was approximately CNY 3.75 billion, a decrease of 14.85% compared to CNY 4.40 billion in 2021[8]. - The revenue from spandex (氨纶) was CNY 1.60 billion, accounting for 42.67% of total revenue, down 43.25% from CNY 2.82 billion in 2021[8]. - The revenue from aramid (芳纶) increased to CNY 2.14 billion, representing 56.96% of total revenue, up 35.83% from CNY 1.57 billion in 2021[8]. - Domestic sales accounted for 78.67% of total revenue at CNY 2.95 billion, down 22.77% from CNY 3.82 billion in 2021, while international sales rose by 37% to CNY 800 million[8]. - The revenue from the chemical fiber industry was approximately ¥3.74 billion, representing a year-over-year decrease of 14.76%[160]. - The gross profit margin for the chemical fiber industry decreased by 14.08 percentage points to 23.14%[160]. - The revenue from spandex was approximately ¥1.60 billion, down 43.25% year-over-year, with a gross profit margin of only 0.16%[163]. - The revenue from aramid fiber increased by 35.83% year-over-year to approximately ¥2.14 billion, with a gross profit margin of 40.46%[163]. - Domestic revenue was approximately ¥2.95 billion, down 22.54% year-over-year, while international revenue was approximately ¥800 million, up 37.00% year-over-year[163]. Profitability and Financial Performance - The company achieved a net profit of RMB 655,686,253.58 for the year 2022, with a total distributable profit of RMB 1,690,492,388.53 after accounting for shareholder distributions[40]. - The company reported a net loss for 2022 primarily due to a significant decline in downstream demand for spandex, with product prices experiencing a downward trend[104]. - The net profit of the company increased by 70.10% year-on-year, primarily due to the rise in sales volume and unit price of aramid paper[87]. - The company aims for a net profit growth rate of no less than 20% in 2023, with an average growth rate of no less than 35% for 2023-2024[42]. - The weighted average return on equity is targeted to be no less than 11% in 2023, increasing to 16% by 2025[42]. - Cash outflows from operating activities increased by 33.55%, while net cash flow from operating activities decreased by 44.12% due to increased guarantee deposits[48]. - The net cash flow from investment activities decreased by 55.51%, primarily due to a government relocation compensation of 175.4 million yuan received last year[73]. - The net cash flow from financing activities decreased by 92.16% due to loan repayments during the reporting period[90]. Production and Capacity - The production capacity for spandex is approximately 40,000 tons, with an effective annual capacity of about 45,000 tons and a utilization rate of 87.52%[31]. - The company ranks 2nd globally in aramid paper production capacity and 4th in para-aramid production capacity, focusing on enhancing its aramid business as a key development direction[53]. - The annual production capacity for high-performance aramid paper material is set at 3,000 tons, with CNY 9,556.13 million invested in this project, representing 58.72% of the total investment commitment[99]. - The production of spandex was 39,386 tons, while sales reached 40,096 tons, indicating an oversupply and shrinking demand[163]. - The production of aramid fiber was 15,055 tons, with sales of 14,139 tons, driven by growing demand and capacity expansion[163]. Research and Development - The number of R&D personnel increased by 22.36% from 237 to 290, with R&D personnel now making up 11.13% of the total workforce[71]. - The company has completed several key R&D projects, including the development of differentiated aramid products and new solvent processes, aimed at improving product performance and market competitiveness[71]. - Research and development expenses totaled 174.286 million yuan, representing 4.65% of operating revenue, an increase of 0.26 percentage points year-on-year[149]. - The company has developed several domestic technologies, including spandex and aramid paper, and has established 17 leading R&D platforms, including a national aramid engineering technology research center[88]. - The company has authorized 194 patents and has participated in the formulation of over 90 national and industry standards, establishing itself as a leader in the high-performance fiber materials sector[88]. Market Development and Strategy - The company plans to enhance production efficiency and flexibility by upgrading production lines and expanding new projects in response to market demand[6]. - The company is actively expanding its market share in outdoor cables, automotive hoses, and composite materials, focusing on high-demand sectors[54]. - The company aims to expand into six new business areas, including new energy vehicles and green manufacturing, focusing on "green and low-carbon" development[108]. - The company plans to create a cluster of listed enterprises, enhancing governance and promoting independent listings for subsidiaries to drive performance growth and market value[109]. - The company is committed to enhancing product competitiveness and reducing production costs through long-term supplier relationships and increased R&D investment[113]. Corporate Governance and Compliance - The company maintains an independent operational structure, ensuring no dependency on the controlling shareholder in business, personnel, assets, and finance[175]. - The board of directors and supervisory board operate independently, adhering to the company's articles of association and relevant regulations[192]. - The company has established a sound organizational structure that operates independently without subordination to the controlling shareholder[176]. - The company emphasizes the importance of balancing the interests of shareholders, employees, creditors, suppliers, and customers to ensure sustainable and healthy development[195]. - The company operates independently from its controlling shareholders, with a complete and independent R&D, procurement, production, and sales system[196]. Investment and Financial Management - The total investment during the reporting period was approximately CNY 2.06 billion, representing a 93.30% increase compared to the previous year's investment of CNY 1.07 billion[79]. - The company raised a total of CNY 499.99 million through the issuance of 34,340,659 shares at a price of CNY 14.56 per share, with a net amount of CNY 494.01 million after deducting issuance costs[81]. - As of December 31, 2022, the balance of the raised funds was CNY 109.02 million, with CNY 95.56 million used for project construction during the year[81]. - The company has committed to invest CNY 24,600.53 million for repaying bank loans and supplementing working capital, achieving a 100.05% investment progress by the end of the reporting period[99]. Environmental and Sustainability Efforts - The company holds valid environmental permits and will ensure timely renewal of relevant licenses[34]. - The company complies with various environmental laws and standards, ensuring adherence to pollution control regulations[46]. - The company is committed to enhancing its internal control systems to mitigate operational risks and promote sustainable development[44].

泰和新材集团股份有限公司 关于召开 2022 年度报告网上业绩说明会的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假记载、 误导性陈述或重大遗漏。 泰和新材集团股份有限公司将于 2023 年 3 月 31 日（星期五）下午 15：00 ——17:00 在全景网举行 2022 年度业绩说明会。本次年度业绩说明会将采用网 络远程的方式举行，投资者可登录全景 网"投资者关系互动平台" (https://ir.p5w.net)参与本次年度业绩说明会。 临时公告：2023-036 证券代码：002254 股票简称：泰和新材 公告编号： 2023-036 特此公告。 泰和新材集团股份有限公司 董 事 会 出席本次说明会的人员有：公司董事长宋西全先生、总会计师顾裕梅女士、 独立董事金福海先生、董事会秘书董旭海先生、保荐代表人徐焕杰先生。 2023 年 3 月 21 日 1 为充分尊重投资者、提升交流的针对性，现就公司 2022 年度业绩说明会提 前向投资者公开征集问题，广泛听取投资者的意见和建议。投资者可于 2023 年 3 月 31 日（星期五）15:00 前访问 http://ir.p5w.n ...