Financial Performance - The company's operating revenue for 2024 was CNY 5,908,357,630.79, an increase of 11.70% compared to CNY 5,289,455,619.15 in 2023[18]. - The net profit attributable to shareholders was a loss of CNY 397,953,853.85, representing a decline of 137.49% from a loss of CNY 167,566,535.02 in the previous year[18]. - The cash flow from operating activities was negative at CNY -265,348,995.03, a decrease of 144.02% compared to CNY 602,846,497.38 in 2023[18]. - The basic earnings per share for 2024 was CNY -0.347, down 137.67% from CNY -0.146 in 2023[18]. - Total assets at the end of 2024 were CNY 13,305,018,268.96, a decrease of 0.71% from CNY 13,399,975,091.93 at the end of 2023[18]. - The net assets attributable to shareholders decreased by 4.64% to CNY 8,882,007,774.81 from CNY 9,314,201,307.02 in 2023[18]. - The company achieved operating revenue of 590,835.76 million yuan in 2024, representing a year-on-year growth of 11.7%, significantly higher than the industry average[73]. - Total revenue for 2024 was CNY 5.91 billion, representing an 11.70% increase from CNY 5.29 billion in 2023[83]. - The optical materials segment generated CNY 2.74 billion, accounting for 46.37% of total revenue, with a year-on-year growth of 10.16%[83]. - The polyester functional film segment saw a significant revenue increase of 57.76%, reaching CNY 2.07 billion, while the new energy materials segment declined by 64.67% to CNY 271.26 million[83]. Market Trends and Industry Insights - The BOPET industry is expected to see a total capacity of 6.95 million tons by the end of 2024, with a capacity growth rate decline of 6.45 percentage points compared to 2023[28]. - BOPET market demand is projected to reach 3.36 million tons in 2024, marking a year-on-year increase of 5.68%[31]. - The export volume of BOPET from China is anticipated to be 709,200 tons in 2024, reflecting a substantial growth of 28.81% compared to the previous year[31]. - The average price of 12μm printing film remained low throughout 2024, with significant pressure on margins due to competitive market conditions[33]. - The overall industry profitability has declined, but there has been a recovery in gross margins since Q4 2024 due to improved supply-demand dynamics and reduced raw material costs[33]. - The optical film market is projected to grow, with global TV panel shipments expected to reach 250.4 million units in 2024, a year-on-year increase of 4.7%[40]. - The demand for MLCC release films is expected to rise, with global MLCC demand projected to reach 4.3 trillion units in 2024, and the market size for release films estimated at approximately 50 billion yuan[43]. Research and Development - The company has developed over 100 types of products across five major fields, including optical materials and energy-saving window films, with applications in AI terminals, smart devices, and new energy vehicles[39]. - The company has successfully broken through manufacturing barriers in optical film substrates, becoming one of the first domestic firms to achieve self-supply in this area[41]. - The company aims to develop 20 new technology innovation products for mass production in 2024 and file 75 new patent applications[77]. - Research and development expenses increased by 4.60% to ¥238,837,733.24 in 2024, compared to ¥228,335,965.03 in 2023[91]. - The number of R&D personnel rose by 1.81% to 393, with a notable increase in the proportion of bachelor's degree holders by 17.28%[93]. Strategic Initiatives and Future Plans - The company is focusing on enhancing its core technology and expanding into new application areas to drive future growth in the BOPET sector[27]. - The company is actively enhancing its market presence in the PETG shrink materials sector, aiming to improve product variety and market share[56]. - The company plans to enhance its technological investment to improve efficiency and reduce costs at Jiangxi Kewai due to current economic impacts[113]. - The company aims to further release benefits based on the development of new products and technologies, as well as market expansion[110]. - The 2025 operational plan emphasizes strengthening market research and expanding both domestic and international markets, ensuring targeted development and resource optimization[117]. Corporate Governance and Management - The company has established an effective employee performance evaluation and incentive mechanism, promoting a fair and efficient work environment[127]. - The company emphasizes the importance of information disclosure, adhering to regulations and ensuring timely and accurate communication with investors[127]. - The company maintains independence from its controlling shareholder in terms of business operations, personnel, assets, and finances, ensuring no interference in decision-making[129]. - The company has a robust financial management system, with independent accounting practices and no unauthorized use of funds by shareholders[130]. - The board of directors includes experienced professionals with diverse backgrounds, enhancing governance and strategic oversight[136]. Shareholder Engagement and Financial Management - The company reported a cash dividend of 0.3 CNY per 10 shares, totaling 34,239,678.36 CNY, which represents 100% of the total profit distribution amount[156]. - The distributable profit available for shareholders was 2,203,058,938.79 CNY, indicating a strong profitability during the reporting period[156]. - The company has implemented a stock incentive plan, with 251 participants eligible for the first unlocking period of restricted stock[160]. - The company has strengthened its internal control system, focusing on risk assessment and control activities to mitigate operational risks[164]. - The company has established a comprehensive internal communication system to ensure timely information exchange and effective risk management[164]. Operational Challenges and Risks - The company acknowledges risks related to industry competition, potential raw material price fluctuations, and the feasibility of project returns, which could impact profitability[120]. - The company has not faced any administrative penalties related to environmental issues during the reporting period[172]. - The company actively implements energy-saving and emission-reduction measures, including the development of photovoltaic power stations to support national carbon reduction goals[173].

Financial Performance - The company's revenue for Q1 2025 was ¥1,382,346,150.17, a slight increase of 0.07% compared to ¥1,381,422,543.91 in the same period last year[5] - The net profit attributable to shareholders was a loss of ¥42,769,873.19, representing an improvement of 51.09% from a loss of ¥87,450,024.31 year-over-year[5] - Total operating revenue for the current period is ¥1,382,346,150.17, a slight increase from ¥1,381,422,543.91 in the previous period[28] - Net profit for the current period is -¥42,769,873.19, an improvement from -¥87,450,024.31 in the previous period[29] - The company reported a profit margin of -3.09% for the current period compared to -6.32% in the previous period[29] - The company’s total comprehensive income for the current period is -¥42,769,873.19, compared to -¥87,450,024.31 in the previous period[29] - The company's basic and diluted earnings per share improved to -0.038 from -0.076[29] Cash Flow - The net cash flow from operating activities improved significantly, with a net outflow of ¥63,488,388.35, which is 82.52% better than the outflow of ¥363,109,884.39 in the previous year[5] - Operating cash flow net amount improved to -¥63,488,388.35 from -¥363,109,884.39[30] - The company received cash from sales of ¥1,588,856,222.24, an increase from ¥1,279,127,308.54 in the previous period[30] - The company’s financing cash flow net amount was ¥51,991,527.15, a decrease from ¥172,121,993.03 in the previous period[31] Assets and Liabilities - The total assets at the end of the reporting period were ¥13,022,193,934.36, down 2.13% from ¥13,305,018,268.96 at the end of the previous year[5] - Current assets decreased from CNY 5,093,917,336.12 to CNY 4,851,707,916.32, a reduction of about 4.8%[24] - The company's total assets decreased from CNY 13,305,018,268.96 to CNY 13,022,193,934.36, reflecting a decline of approximately 2.1%[24] - Total liabilities decreased from CNY 4,423,010,494.15 to CNY 4,182,956,032.74, a decline of approximately 5.4%[25] - The company's equity attributable to shareholders decreased from CNY 8,882,007,774.81 to CNY 8,839,237,901.62, a reduction of about 0.5%[26] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 64,253, with the largest shareholder holding 26.27% of the shares[21] - The company has a total of 1,147,428,712.00 shares outstanding, with no changes reported in the share capital[26] Expenses and Costs - The company reported a decrease in financial expenses by 37.76%, attributed to a reduction in borrowing costs[14] - Total operating costs decreased to ¥1,440,346,289.02 from ¥1,476,272,698.88, with operating costs specifically down to ¥1,329,013,230.78 from ¥1,363,609,290.54[28] - The company experienced a 54.87% decrease in asset impairment losses, mainly due to reduced inventory write-downs[16] Inventory and Borrowings - Inventory increased from CNY 2,407,247,682.12 to CNY 2,546,443,681.48, representing an increase of approximately 5.8%[24] - Short-term borrowings rose from CNY 300,980,453.58 to CNY 338,324,780.20, an increase of about 12.4%[25] - The company's long-term borrowings decreased significantly from CNY 883,238,872.69 to CNY 568,377,835.95, a reduction of approximately 35.5%[25] Government Subsidies - The company received government subsidies amounting to ¥1,158,280.47 during the reporting period[6]

Financial Performance Expectations - The company expects a net profit loss of 42 million yuan for 2024, a decline of 150.65% compared to the previous year's loss of 16.76 million yuan[3]. - The net profit after deducting non-recurring gains and losses is projected to be a loss of 50 million yuan, down 108.13% from the previous year's loss of 24.02 million yuan[3]. - Basic earnings per share are expected to be a loss of 0.366 yuan, compared to a loss of 0.146 yuan in the same period last year[3]. Factors Affecting Performance - The decline in performance is attributed to increased competition in the functional polyester film industry, leading to lower sales prices and decreased gross margins[5]. - New projects and products are still in the ramp-up phase, with production capacity utilization and product yield needing improvement[5]. Financial Reporting and Auditing - The financial data provided is preliminary and has not been audited by the accounting firm, with final figures to be disclosed in the annual report[4][7]. - The company emphasizes the importance of cautious decision-making for investors due to the preliminary nature of the financial forecasts[7]. Strategic Initiatives - The company is actively expanding its market and promoting innovation to maintain sales growth and stabilize market share despite the challenging environment[5]. - The company has made appropriate provisions for inventory impairment based on prudence principles in accordance with accounting standards[6]. Reporting Period - The annual performance forecast period is from January 1, 2024, to December 31, 2024[3].

证券代码：002585 证券简称：双星新材 公告编号：2024-029 江苏双星彩塑新材料股份有限公司 关于完成部分限制性股票回购注销的公告 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。 特别提示： 1、江苏双星彩塑新材料股份有限公司（以下简称"公司"）本次回购注销的限制性股 票数量为 505.6784 万股，占回购注销前公司股本总额的 0.44%。本次回购注销限制性股票 涉及激励对象共 251 人，回购价格为 6.45 元/股，回购的资金总额为 32,616,256.8 元。 2、近日，公司已在中国证券登记结算有限责任公司深圳分公司办理完成回购注销手续。 本次回购注销完成后，公司总股本由 1,152,485,496 股变更为 1,147,428,712 股。 本次回购注销符合《中华人民共和国公司法》《中华人民共和国证券法》《上市公司股 权激励管理办法》以及《江苏双星彩塑新材料股份有限公司章程》《江苏双星彩塑新材料股 份有限公司 2021 年限制性股票激励计划（草案）》等相关规定。 5、2022 年 8 月 15 日，公司召开第五届董事会第三次会议审议通过了 ...

Financial Performance - The company's revenue for Q3 2024 was ¥1,506,422,288.19, representing an increase of 11.38% compared to the same period last year[2]. - The net profit attributable to shareholders for Q3 2024 was -¥61,684,064.12, a decrease of 460.38% year-on-year[2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥86,093,203.99, reflecting a decline of 529.37% compared to the previous year[2]. - The net profit for Q3 2024 was -227,699,334.34 CNY, compared to a profit of 45,767,052.25 CNY in the same period last year, representing a significant decline[11]. - The operating profit for Q3 2024 was -288,193,197.52 CNY, down from 35,207,448.48 CNY in Q3 2023[11]. - The total comprehensive income for Q3 2024 was -227,699,334.34 CNY, down from 45,767,052.25 CNY in the previous year[11]. - Basic and diluted earnings per share for Q3 2024 were both -0.199 CNY, compared to 0.040 CNY in Q3 2023[12]. Assets and Liabilities - The total assets at the end of Q3 2024 were ¥13,361,512,171.44, a decrease of 0.29% from the end of the previous year[2]. - The company's total assets decreased slightly to CNY 13,361,512,171.44 from CNY 13,399,975,091.93, a decline of 0.3%[9]. - Total liabilities increased to CNY 4,309,249,877.12, up from CNY 4,085,773,784.91, representing a rise of 5.5%[9]. - The equity attributable to shareholders decreased to CNY 9,052,262,294.32 from CNY 9,314,201,307.02, a decrease of 2.8%[9]. Cash Flow - The company's cash flow from operating activities was -¥107,318,254.96, showing a decline of 115.61% year-on-year[2]. - The cash flow from operating activities for Q3 2024 was -107,318,254.96 CNY, a decrease from 687,618,977.39 CNY in the previous year[13]. - The cash flow from investing activities for Q3 2024 was -716,581,145.32 CNY, compared to -951,316,047.94 CNY in Q3 2023[14]. - The cash flow from financing activities for Q3 2024 was 523,113,302.88 CNY, an increase from 315,579,338.78 CNY in the same period last year[14]. - The company's cash and cash equivalents decreased by 597.41% year-on-year, attributed to increased operational payments[5]. - The cash and cash equivalents at the end of Q3 2024 were 464,735,649.28 CNY, a decrease from 595,700,203.90 CNY at the end of Q3 2023[14]. - The company's cash and cash equivalents decreased from ¥937,834,909.74 to ¥550,925,107.17, a decline of approximately 41.2%[7]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 71,678[6]. - The largest shareholder, Wu Peifu, holds 26.15% of the shares, totaling 301,388,029 shares[6]. - The top three shareholders collectively hold 36.71% of the company's shares[6]. - The company reported no significant changes in the number of preferred shareholders or their holdings[7]. - The company has no changes in the participation of major shareholders in margin trading and securities lending[7]. Operational Highlights - Total operating revenue for the third quarter reached CNY 4,333,407,441.24, an increase of 10.7% compared to CNY 3,914,410,573.33 in the same period last year[10]. - Total operating costs amounted to CNY 4,670,211,570.16, up from CNY 3,953,095,690.34, reflecting a year-over-year increase of 18.1%[10]. - Research and development expenses increased to CNY 178,334,741.28, compared to CNY 162,279,252.47, marking a growth of 9.9%[10]. - The company reported a net profit margin decline due to increased costs, with net profit figures not specified in the provided data[10]. - The company plans to continue investing in new product development and market expansion strategies to drive future growth[10]. Financial Challenges - The company reported a 1243.81% increase in financial expenses due to higher borrowing costs and reduced exchange gains[5]. - The company experienced a 1829.09% increase in asset impairment losses, primarily due to increased inventory write-downs[5]. - Deferred income tax assets rose to CNY 190,390,325.99 from CNY 123,630,268.12, an increase of 54%[8]. - Short-term borrowings surged to CNY 290,832,780.20, compared to CNY 77,672,897.89, indicating a significant increase in financing needs[8].

证券代码：002585 证券简称：双星新材 公告编号：2024-027 江苏双星彩塑新材料股份有限公司 江苏双星彩塑新材料股份有限公司（以下简称"公司"）第五届监事会第十一 次会议于 2024 年 10 月 15 日以电子邮件、书面、微信形式送达公司全体监事，会 议于 2024 年 10 月 25 在公司四楼会议室以现场会议方式召开。本次会议应到监事 3 人，实到监事 3 人。本次会议的召集、召开及表决程序符合《中华人民共和国公 司法》等法律、法规、规范性文件以及《公司章程》的有关规定。 会议由监事会主席金叶主持，经与会监事认真审议，以记名投票方式表决， 做出如下决议： 一、会议以3票同意、0票反对、0票弃权的表决结果，审议通过了关于《公司 2024年第三季度报告》的议案 监事会认为：公司2024年第三季度报告的程序符合法律、法规和中国证监会 及深圳证券交易所的规定，报告内容真实、准确、完整地反映了公司的实际情况， 不存在任何虚假记载、误导性陈述或者重大遗漏。 具 体 内 容 详 见 《 证 券 时 报 》 、 《 上 海 证 券 报 》 及 巨 潮 资 讯 网 （http://www.cninfo.com. ...

江苏双星彩塑新材料股份有限公司（以下简称"公司"）第五届董事会第十一 次会议通知于 2024 年 10 月 15 日以电子邮件、电话、书面、微信等形式送达公司 全体董事，会议于 2024 年 10 月 25 日上午在公司四楼会议室以现场与通讯表决相 结合的方式召开。本次会议应到董事 7 人，实到董事 7 人（其中：独立董事：陈 强以通讯方式参加会议并表决），公司监事列席会议。本次会议的召集、召开及表 决程序符合《中华人民共和国公司法》等法律、法规、规范性文件以及《公司章 程》的有关规定。 会议由董事长吴培服先生主持，经与会董事认真审议，以记名投票方式表决， 作出如下决议： 证券代码：002585 证券简称：双星新材 公告编号：2024-026 江苏双星彩塑新材料股份有限公司 第五届董事会第十一次会议决议公告 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。 具 体 内 容 详 见 《 证 券 时 报 》 、 《 上 海 证 券 报 》 及 巨 潮 资 讯 网 （http://www.cninfo.com.cn）披露的公告。 特此公告 江苏双星彩塑新材料股份有限公 ...

证券代码：002585 证券简称：双星新材 公告编号：2024-024 江苏双星彩塑新材料股份有限公司 关于回购注销部分限制性股票减少注册资本暨通知债权人的公告 公司本次回购注销限制性股票将涉及注册资本减少，根据《中华人民共和国公司法》 等相关法律、法规的规定，公司特此通知债权人，公司债权人自本公告之日起 45 日内，有 权要求本公司清偿债务或者提供相应的担保。债权人未在规定期限内行使上述权利的，本 次减少注册资本将按法定程序继续实施。 债权人如要求公司清偿债务或提供相应担保的，应根据《中华人民共和国公司法》等 法律、法规的有关规定向公司提出书面要求，并随附有关证明文件。 特此公告。 江苏双星彩塑新材料股份有限公司 董事会 2024 年 10 月 9 日 1 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。 江苏双星彩塑新材料股份有限公司（以下简称"公司"）于 2024 年 9 月 13 日召开 2024 年第一次临时股东大会审议通过了《关于调整 2021 年限制性股票激励计划回购价格及回购 注销部分限制性股票的议案》，同意公司回购注销未达到解除限售条件的限制性 ...

关于募集资金专户完成销户的公告 证券代码：002585 证券简称：双星新材 公告编号：2024-025 江苏双星彩塑新材料股份有限公司 鉴于公司2017年定向增发募集资金已全部使用完毕，公司已对募集资金专 户进行销户处理。 公司在中国工商银行股份有限公司宿迁分行、中国建设银行股份有限公司 宿迁分行开设的募集资金专用账户资金已按规定使用完毕，上述募集资金专户 将不再使用。 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。 一、募集资金基本情况 根据公司2016年8月3日召开的2016年度第二次临时股东大会审议，经中国 证券监督管理委员会《关于核准江苏双星彩塑新材料股份有限公司非公开发行 股票的批复》（证监许可【2017】55号)的核准，公司由主承销商光大证券股份有 限公司采用网下向询价对象询价配售的方式非公开发行人民币普通股（A股）股 票172,117,039股，发行价格为每股11.62元。截止2017年3月10日止，募集资金总 额为人民币1,999,999,993.18元，扣除发行费用（含税）人民币32,427,116.95元， 实际募集资金净额人民币1,967 ...

双星新材法律意见书 上海精诚申衡律师事务所 关于江苏双星彩塑新材料股份有限公司 公司本次股东大会由公司董事会根据2024年8月27日召开的第五届董事会第十 次会议决议召集。 公司董事会已于2024年8月28日在巨潮资讯网（http://www.cninfo.com.cn）等媒体 公告了《关于召开2024年第一次临时股东大会的通知》，通知中载明了本次股东大会 的股权登记日、会议召开方式、现场会议召开时间、会议地点、网络投票时间及具体 程序、会议议题、出席会议对象及联系人姓名和电话号码等会议事项，说明了有权出 席会议股东的股权登记日及其可委托代理人出席会议并参加表决的权利。 本次股东大会现场会议于 2024 年 9 月 13 日下午 14：30 在江苏省宿迁市双星大 道 8 号公司办公楼五楼会议室，由公司董事长吴培服先生主持。本次股东大会现场会 议召开的实际时间、地点与股东大会会议通知中所告知的时间、地点一致。 2024 年第一次临时股东大会的法律意见书 致:江苏双星彩塑新材料股份有限公司 上海精诚申衡律师事务所经江苏双星彩塑新材料股份有限公司（以下简称"公 司"）聘请，委派王春杰律师、杨爱东律师（以下简称"本所 ...