证券代码：002290 证券简称：禾盛新材 公告编号：2025-017 苏州禾盛新型材料股份有限公司 第六届董事会第二十四次会议决议公告 本公司及董事会全体成员保证公告内容真实、准确和完整，并对公告中的虚 假记载、误导性陈述或者重大遗漏承担责任。 苏州禾盛新型材料股份有限公司（以下简称"公司"或"本公司"）第六届 董事会第二十四次会议于 2025 年 5 月 12 日以电子邮件的形式通知全体董事，经 全体董事同意，会议于 2025 年 5 月 19 日 14:00 以通讯表决方式召开。本次会议 应出席董事 7 人，实际出席董事 7 人。会议的召集和召开符合有关法律、法规和 《公司章程》规定。会议由公司董事长梁旭先生主持。 经与会董事认真审议，以通讯表决方式通过了以下议案： 一、审议通过了《关于修订〈公司章程〉的议案》 根据《中华人民共和国公司法》、《上市公司章程指引》等法律法规、规范 性文件，结合公司实际情况，拟修订《公司章程》，并撤销监事会，由审计委员 会行使《公司法》规定的监事会的职权，《监事会议事规则》废止。董事会提请 股东大会授权公司管理层办理工商变更登记相关手续。 表决结果：7 票同意，0 票弃权， ...

Group 1 - The stock of He Sheng New Materials has experienced a significant increase, with three limit-up days within five trading days, resulting in a cumulative increase of 23.22% and a turnover rate of 18.90% [2] - As of 10:28, the stock's trading volume reached 8.8714 million shares, with a transaction amount of 274 million yuan, and a turnover rate of 3.59% [2] - The latest total market capitalization of A-shares is 7.887 billion yuan, while the circulating market capitalization is 7.860 billion yuan [2] Group 2 - The stock has been listed on the Dragon and Tiger list due to a cumulative deviation in the increase of 20% over three consecutive trading days, with institutional net purchases amounting to 29.2042 million yuan and total net sales by brokerage seats of 4.7978 million yuan [2] - The company's Q1 report shows total operating revenue of 627 million yuan, representing a year-on-year increase of 14.21%, and a net profit of 51 million yuan, reflecting a year-on-year growth of 82.72% [2] Group 3 - Recent stock performance data indicates fluctuations, with a notable increase of 10.01% on May 7 and a decrease of 6.53% on May 8, alongside varying net capital inflows [2] - The stock's daily performance includes a 3.20% increase on April 30 and a 2.05% increase on April 23, showcasing volatility in trading [2]

证券代码：002290 证券简称：禾盛新材 公告编号：2025-016 苏州禾盛新型材料股份有限公司 关于股票交易异常波动的公告 本公司及董事会全体成员保证公告内容真实、准确和完整，并对公告中的虚 假记载、误导性陈述或者重大遗漏承担责任。 一、股票异常波动的具体情况 苏州禾盛新型材料股份有限公司（以下简称"公司"）股票（证券代码：002290、 证券简称：禾盛新材）连续三个交易日（2025 年 4 月 30 日、2025 年 5 月 6 日和 2025 年 5 月 7 日）收盘价格涨幅累计偏离超过 20%，根据《深圳证券交易所股票 上市规则》的规定，公司股票交易属于异常波动的情况。 二、公司关注并核实的具体情况 针对公司股票异常波动的情况，公司对有关事项进行了自查，并向公司控股 股东、实际控制人就相关事项进行了电话核实，现将有关情况说明如下： 1、公司前期已披露的信息不存在需要更正、补充之处； 2、公司目前生产经营活动正常，内外部经营环境未发生重大变化； 3、公司未发现近期公共传媒报道了可能或已经对公司股票交易价格产生较 大影响的未公开重大信息； 4、公司、控股股东不存在关于公司的应披露而未披露的重大事项，或 ...

Stock Performance - Several stocks have shown significant gains, with notable performances including: - 恒天海龙 with a 10.07% increase over two days [2] - 晨曦航空 achieving a 19.96% rise on its first board [3] - 通易航天 with a remarkable 29.96% increase on its first board [3] - 新坐标 maintaining a 10.01% increase over four days [5] - 全筑股份 also showing a 10.00% increase over four days [9] Industry Trends - The robotics sector is gaining traction, with multiple companies experiencing stock price increases attributed to advancements in robotic technology and applications [4][5][7] - The AI computing industry is showing strong performance, as indicated by the positive financial results from companies in this sector, suggesting a sustained high level of industry activity [8] - The brain-computer interface (BCI) technology is gaining attention following FDA approval for Neuralink's device, which is aimed at aiding patients with severe communication disabilities [11] - The chemical industry is experiencing volatility in product prices, drawing market interest towards related companies [13] - The semiconductor industry is benefiting from increased investment and support for domestic high-end lithography machines, which is expected to boost the semiconductor equipment supply chain [16] - The real estate sector is reacting positively to the People's Bank of China's decision to lower housing loan interest rates, which is likely to stimulate market activity [18] Market Reactions - Stocks related to the ride-hailing industry are responding positively to the news of a partnership between autonomous driving company 小马智行 and Uber, with significant stock price increases observed [20][21] - The food and beverage sector is also seeing positive movements, influenced by the central bank's announcement of a new loan program aimed at boosting consumer spending [22][24] - The financial sector is reacting to the People's Bank of China's announcement of a series of monetary policy measures, including a reserve requirement ratio cut and interest rate adjustments [25][26]

Core Insights - The company, He Sheng New Materials (002290), reported a significant increase in revenue and net profit for Q1 2025, with total revenue reaching 627 million yuan, up 14.21% year-on-year, and net profit of 50.95 million yuan, up 82.72% year-on-year [1] Financial Performance - Total revenue for Q1 2025 was 627 million yuan, compared to 549 million yuan in Q1 2024, reflecting a year-on-year increase of 14.21% [1] - Net profit for Q1 2025 was 50.95 million yuan, up from 27.88 million yuan in Q1 2024, marking an increase of 82.72% [1] - Gross margin improved to 15.89%, a year-on-year increase of 52.37%, while net margin rose to 8.01%, up 57.77% [1] - The company reported a significant increase in operating cash flow per share, which reached 0.24 yuan, compared to -0.07 yuan in the previous year, representing a 448.44% increase [1] Balance Sheet and Cash Flow - Cash and cash equivalents increased to 424 million yuan, a rise of 34.55% from 315 million yuan [1] - Accounts receivable rose to 483 million yuan, with a year-on-year increase of 35.02% [1] - The company reduced its interest-bearing debt significantly to 128 million yuan, down 55.86% from 290 million yuan [1] Cost Structure - Total selling, administrative, and financial expenses amounted to 13.14 million yuan, accounting for 2.09% of revenue, which is a 16.26% increase year-on-year [1] - The company’s net asset per share increased to 3.45 yuan, up 16.56% from 2.96 yuan [1] - Earnings per share rose to 0.21 yuan, reflecting a 90.91% increase from 0.11 yuan [1] Market and Business Model - The company’s return on invested capital (ROIC) was reported at 10.05%, indicating average capital returns [3] - The net profit margin for the previous year was 3.73%, suggesting limited value addition in products or services [3] - The company has a healthy cash position, with cash assets covering 58.75% of current liabilities [3] Future Outlook - Analysts expect the company’s performance in 2025 to reach 208 million yuan, with an average earnings per share forecast of 0.84 yuan [3] - The company acknowledged a decline in net cash flow from operating activities in 2024, attributed to increased business volume and higher cash payments for goods [4]

Financial Performance - The company's revenue for Q1 2025 reached ¥627,200,299.04, representing a 14.21% increase compared to ¥549,153,468.67 in the same period last year[5] - Net profit attributable to shareholders was ¥50,951,307.95, an increase of 82.72% from ¥27,884,495.29 year-on-year[5] - The net cash flow from operating activities improved significantly to ¥59,917,843.75, a 448.44% increase from a negative cash flow of -¥17,196,219.89 in the previous year[5] - Basic earnings per share rose to ¥0.21, reflecting a 90.91% increase compared to ¥0.11 in the same period last year[5] - The company reported a significant increase in operating profit, which reached ¥59,343,636.05, a 76.13% rise from ¥33,692,583.42 in the previous year[8] - The total profit for the period was ¥59,378,989.61, marking a 78.33% increase compared to ¥33,296,334.67 in the same period last year[8] - Net profit for the current period was ¥50,244,121.92, representing a significant increase from ¥27,884,495.29 in the previous period, marking an 80.0% growth[19] Cash Flow and Liquidity - The net increase in cash and cash equivalents was ¥72,802,368.73, a 578.23% improvement from a decrease of -¥15,223,239.02 in the previous year[8] - Cash and cash equivalents increased to RMB 423,990,368.24 from RMB 349,890,417.41, representing a growth of about 21.1%[14] - The company's net cash flow from operating activities was ¥59,917,843.75, a turnaround from a negative cash flow of -¥17,196,219.89 in the prior period[20] - Cash and cash equivalents at the end of the period totaled ¥349,659,003.84, up from ¥247,753,447.02 in the previous period, showing improved liquidity[21] Assets and Liabilities - Total assets at the end of Q1 2025 were ¥1,888,999,378.42, up 5.70% from ¥1,787,165,672.36 at the end of the previous year[5] - The company reported a total current assets of RMB 1,547,448,222.73 as of March 31, 2025, an increase from RMB 1,442,333,622.41 at the beginning of the period, reflecting a growth of approximately 7.3%[14] - Total liabilities amounted to RMB 1,029,784,172.32, up from RMB 978,194,588.18, indicating an increase of approximately 5.5%[15] - The company’s total assets reached RMB 1,888,999,378.42, an increase from RMB 1,787,165,672.36, indicating a growth of approximately 5.7%[15] Borrowings and Equity - Short-term borrowings increased significantly by 349.85% to ¥45,028,941.67 from ¥10,009,777.78 at the end of the previous year[8] - The company’s short-term borrowings rose significantly to RMB 45,028,941.67 from RMB 10,009,777.78, marking an increase of about 350%[15] - The company’s long-term borrowings decreased to RMB 80,000,000.00 from RMB 100,000,000.00, a reduction of 20%[15] - The company’s total equity remained stable at RMB 1,403,215,206.10, unchanged from the previous period[15] Research and Development - Research and development expenses increased by 38.28% to ¥23,895,778.22 from ¥17,280,428.70 year-on-year[8] - Research and development expenses increased to ¥23,895,778.22, up 38.3% from ¥17,280,428.70 in the previous period, indicating a focus on innovation[18] Future Outlook - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[19] Accounting Standards - The first quarter report is unaudited[22] - The new accounting standards will be implemented starting in 2025[23]

Investment Rating - The report maintains a "Recommended" rating for the company, indicating a potential stock price increase of over 15% relative to the benchmark index [6]. Core Viewpoints - The company reported a significant profit release in Q1 2025, with revenue of 630 million yuan, a year-on-year increase of 14.2%, and a net profit attributable to shareholders of 50.95 million yuan, up 82.7% year-on-year. This growth is attributed to the production capacity increase from its subsidiary's new high-end intelligent composite materials production line and effective cost control measures [1]. - The company is expected to benefit from the overall recovery in the home appliance market, with a retail scale of 179.8 billion yuan in Q1 2025, reflecting a 2.1% year-on-year growth. The company achieved double-digit revenue growth in this sector [2]. - The company is actively developing an integrated hardware and software platform in the AI field, focusing on domestic AI chip development and enhancing hardware performance in collaboration with quality suppliers [3]. - Revenue projections for 2025-2027 are 3 billion, 3.3 billion, and 3.6 billion yuan, with net profits of 208 million, 284 million, and 328 million yuan respectively. The corresponding P/E ratios are projected to be 30, 22, and 19 times [4]. Financial Summary - In Q1 2025, the company achieved a gross profit margin of 15.9%, an increase of 5.5 percentage points year-on-year. The R&D expense ratio rose to 3.8%, while the financial expense ratio turned positive due to reduced exchange gains [1]. - The company forecasts a net profit growth rate of 112% for 2025, with earnings per share expected to reach 0.84 yuan [5][10].

禾盛新材（002290.SZ）2025 年一季报点评 利润大幅释放，期待全年 AI 拉动业绩高速成长 2025 年 04 月 24 日 ➢ 禾盛新材发布 2025 年一季度业绩。2025 年 4 月 23 日，禾盛新材发布 2025 年一季度业绩，1Q25 公司实现收入 6.3 亿元，同比增长 14.2%，实现归母净利 润 5095 万元，同比增长 82.7%；扣非净利润 5097 万元，同比实现增长 80.1%。 我们认为 1Q25 公司利润实现高速增长主要得益于全资子公司合肥禾盛新型材 料有限公司高端智能化复合材料生产线投产后产能提升，公司产品收入增长带来 的规模化效应，另一方面则是公司积极采取降本增效措施，带动公司本期产品毛 利率较上年同期增长。1Q25 公司实现毛利率 15.9%，较上年同期提升 5.5pct。 期间费用率呈现分化：研发费用率同比上升 0.7pct 至 3.8%，主要系研发投入加 大；财务费用率由负转正，因汇兑收益减少；销售费用率下降 0.1pct，我们认为 公司费用管控见效。 ➢ 国补对家电大盘的拉动，行业从高增长进入稳增长，公司传统家电业务稳中 有升。根据奥维云网数据，1Q25 家 ...

禾盛新材（002290）公告，2025年第一季度营业收入6.27亿元，同比增长14.21%。净利润5095.13万 元，同比增长82.72%。 ...

证券代码：002290 证券简称：禾盛新材 公告编号：2025-014 苏州禾盛新型材料股份有限公司 2、本次股东大会未涉及变更以往股东大会已通过的决议。 一、会议召开和出席情况 （一）会议召开情况 1.会议召开时间： 现场会议：2025 年 4 月 22 日下午 14:30，会期半天； 通过深圳证券交易所互联网投票系统投票：2025 年 4 月 22 日 9:15—15:00 期间的任意时间； 通过深圳证券交易所交易系统进行网络投票：2025 年 4 月 22 日上午 9:15-9:25，9:30-11:30，下午 13:00-15:00。 2024 年年度股东大会决议公告 本公司及董事会全体成员保证公告内容真实、准确和完整，并对公告中的虚 假记载、误导性陈述或者重大遗漏承担责任。 特别提示： 1、本次股东大会未出现否决议案的情形。 2.现场会议召开地点：苏州禾盛新型材料股份有限公司会议室。 3.投票方式：本次会议采取现场投票与网络投票相结合的方式召开。 本次股东大会通过深圳证券交易所交易系统和互联网投票系统向全体股东 提供网络形式的投票平台。 4.会议召集人和主持人：公司第六届董事会召集，由董事长梁旭先生 ...