Economic Environment and Market Demand - The company reported a significant impact on the demand for its digital printing materials and automotive protective films due to fluctuations in the domestic and international economic environment, influenced by events such as the US dollar interest rate hikes and geopolitical conflicts[1]. - The company faces risks from exchange rate fluctuations, particularly the appreciation of the RMB, which affects the price competitiveness of its export products and may lead to reduced demand from overseas customers[2]. - The digital printing materials industry is characterized by intense competition, with domestic manufacturers facing challenges from international companies that have advantages in technology and market share[5]. - The automotive protective film market is expected to grow significantly due to increasing car ownership in China, which has reached nearly 435 million vehicles[24]. Financial Performance - The company's operating revenue for 2023 was ¥1,487,454,504.69, a decrease of 8.09% compared to ¥1,618,314,816.20 in 2022[16]. - The net profit attributable to shareholders for 2023 was ¥100,190,503.70, down 71.54% from ¥351,980,089.67 in 2022[16]. - The net profit after deducting non-recurring gains and losses was ¥96,342,114.06, an increase of 20.81% from ¥79,750,026.76 in 2022[16]. - The company reported a basic earnings per share of ¥0.30 for 2023, down 71.43% from ¥1.05 in 2022[16]. - The company achieved operating revenue of CNY 1.487 billion in 2023, a decrease of 8.09% compared to the previous year, and a net profit of CNY 100 million, down 71.54% year-on-year[38]. Cost Management and Raw Material Prices - The prices of key raw materials, including PVC resin and polyurethane, significantly affect the company's production costs, with these materials accounting for a high proportion of total production costs[4]. - The company actively manages raw material price risks through strategic stockpiling and futures contracts to hedge against price volatility[4]. - The cost of materials for vehicle wraps accounted for 86.34% of the total operating costs in 2023, slightly down from 88.79% in 2022[45]. Research and Development - The company has applied for a total of 30 invention patents during the reporting period, with 16 patents granted and 2 related to hydrogen energy[30]. - The company has invested significantly in technology research and product process optimization, resulting in a strong industry R&D capability[29]. - Research and development expenses decreased by 14.20% to 74,491,070.87 yuan in 2023, compared to 86,824,205.36 yuan in 2022[50]. - R&D personnel increased by 22.46% from 138 in 2022 to 169 in 2023, accounting for 18.27% of total employees[52]. Cash Flow and Financial Position - The cash flow from operating activities net amount was ¥156,635,962.76, up 22.70% from ¥127,652,511.30 in 2022[16]. - Cash and cash equivalents increased by 512.61% to ¥74,932,898.33 compared to a decrease of ¥18,160,915.60 in 2022[54]. - The total assets at the end of 2023 were ¥2,390,677,007.29, an increase of 21.42% from ¥1,968,896,053.99 at the end of 2022[16]. - The company's total current liabilities increased to CNY 636,898,877.28 from CNY 431,201,329.72, which is an increase of approximately 47.7%[192]. Corporate Governance and Shareholder Engagement - The company held 7 board meetings during the reporting period, ensuring compliance with legal and regulatory requirements[77]. - The independent directors attended all board meetings and did not raise any objections to the resolutions made[78]. - The company emphasizes transparency in information disclosure, adhering to legal requirements and enhancing communication with investors[79]. - The company maintains complete independence in assets, personnel, finance, and operations from its controlling shareholders[80]. Environmental and Social Responsibility - The company is committed to social responsibility, focusing on harmonious development while pursuing economic benefits and environmental protection[126]. - The company will continue to invest in green sustainable strategies, aiming to reduce energy consumption and enhance environmental protection measures[72]. - The company has increased investments in safety and environmental protection, aiming to reduce resource consumption and carbon emissions[129]. Future Outlook and Strategic Initiatives - The company aims to enhance its core competitiveness and expand into new markets through ongoing R&D efforts and product innovations[51]. - The company plans to enhance digital construction across factories in Fengcheng, Shanghai, Nantong, Dongguan, and Thailand, focusing on lean and smart production in 2024[70]. - The company plans to expand its market presence and invest in new product development to enhance competitiveness in the industry[88].

Financial Performance - The company's operating revenue for the first half of 2024 was ¥933,875,193.79, representing a 40.50% increase compared to ¥664,677,798.85 in the same period last year[1] - Net profit attributable to shareholders for the first half of 2024 was ¥64,042,043.99, up 56.76% from ¥40,852,273.70 in the previous year[1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥63,095,317.92, a 31.62% increase from ¥47,938,909.14 in the same period last year[2] - Basic and diluted earnings per share for the first half of 2024 were both ¥0.19, reflecting a 58.33% increase from ¥0.12 in the same period last year[2] - Q1 2023 revenue was $328.86 million, Q2 was $335.82 million, Q3 was $406.91 million, and Q4 was $415.86 million, showing a steady increase throughout the year[11] - Net profit attributable to shareholders for Q1 was $20.35 million, Q2 was $20.51 million, Q3 dropped to $16.45 million, and Q4 surged to $42.89 million[11] - The net profit excluding non-recurring gains and losses for Q1 was $17.50 million, Q2 increased to $30.44 million, Q3 was $22.07 million, and Q4 was $26.33 million[11] Cash Flow - The net cash flow from operating activities decreased significantly by 88.93%, amounting to ¥7,510,149.60 compared to ¥67,835,204.20 in the previous year[2] - Operating cash inflow for 2023 was ¥1,681,880,754.42, down 16.65% from ¥2,017,964,585.03 in 2022[6] - Net cash flow from operating activities for Q1 was $17.71 million, Q2 was $50.13 million, Q3 decreased to $15.53 million, and Q4 significantly increased to $73.27 million[11] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,476,980,396.19, a 3.61% increase from ¥2,390,677,007.29 at the end of the previous year[2] - The net assets attributable to shareholders increased by 1.14%, reaching ¥1,459,906,550.08 compared to ¥1,443,392,227.17 at the end of the previous year[2] Financing Activities - The company reported a significant increase in financing cash inflow by 97.95%, totaling ¥364,473,841.00 compared to ¥184,120,546.00 in the previous year[6] Research and Development - Research and development expenses decreased by 14.20%, amounting to ¥74,491,070.87 compared to ¥86,824,205.36 in the previous year[8] Information Disclosure - The company expressed apologies for any confusion caused by the corrections in the financial reports and emphasized the commitment to improving information disclosure quality[11]

证券代码：002825 证券简称：纳尔股份 公告编号：2024-067 上海纳尔实业股份有限公司 关于股份回购实施结果暨股份变动的公告 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。 上海纳尔实业股份有限公司（以下简称"公司"）于2023年11月5日召开第五 届董事会第七次会议和第五届监事会第七次会议，审议通过了《关于回购公司股 份方案的议案》，公司拟使用自有资金以集中竞价交易方式回购部分公司已发行 的人民币普通股（A股），拟用于实施股权激励或员工持股计划。本次用于股份 回购的资金总额为不低于人民币2,000万元（含）且不超过人民币4,000万元（含）， 回购股份价格为不超过人民币10元/股（含），具体回购股份的数量以回购结束 时实际回购的股份数量为准。回购股份的期限为自公司董事会审议通过本次回购 方案之日起12个月内。具体内容请详见公司于2023年11月7日、2023年11月8日、 2023年11月11日披露的《关于回购公司股份方案的公告》（公告编号：2023-064）、 《回购报告书》（公告编号：2023-066）、《关于首次回购公司股份的公告》（公 告编 ...

证券代码：002825 证券简称：纳尔股份 公告编号：2024-063 1、审议通过了《关于公司<2024年第三季度报告>的议案》 《2024年第三季度报告》全文详见巨潮资讯网（www.cninfo.com.cn）；《2024 年第三季度报告》（公告编号：2024-065）详见巨潮资讯网（www.cninfo.com.cn） 和《证券时报》、《中国证券报》。 审议结果：同意7票，反对0票，弃权0票。 特此公告。 第五届董事会第十三次会议决议公告 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。 一、董事会会议召开情况 上海纳尔实业股份有限公司（以下简称"公司"）第五届董事会第十三次会 议于2024年10月25日在公司会议室以现场结合通讯方式召开。本次会议于2024 年10月18日以传真、电子邮件和正式文本等方式通知了全体董事。 本次会议应出席董事7人，实际出席董事7人。公司监事、高级管理人员列席 了本次会议。会议由董事长游爱国先生召集和主持，召集和召开的程序符合《中 华人民共和国公司法》及《公司章程》的规定。 二、董事会会议审议情况 上海纳尔实业股份有限公司 上 ...

证券代码：002825 证券简称：纳尔股份 公告编号：2024-064 上海纳尔实业股份有限公司 第五届监事会第十三次会议决议公告 本公司及监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。 一、监事会会议召开情况 二、监事会会议审议情况 1、审议通过了《关于公司<2024年第三季度报告>的议案》 《2024年第三季度报告》全文详见巨潮资讯网（www.cninfo.com.cn）；《2024 年第三季度报告》（公告编号：2024-065）详见巨潮资讯网（www.cninfo.com.cn） 和《证券时报》、《中国证券报》。 审议结果：同意3票，反对0票，弃权0票。 特此公告。 上海纳尔实业股份有限公司（以下简称"公司"）第五届监事会第十三次会 议于2024年10月25日在公司会议室以现场结合通讯方式召开。本次会议于2024 年10月18日以传真、电子邮件和正式文本等方式通知了全体监事。 本次会议应出席监事3人，实际出席监事3人。会议由监事会主席邵贤贤女士 召集和主持，召集和召开的程序符合《中华人民共和国公司法》及公司章程的规 定。 上海纳尔实业股份有限公司监事会 2024 ...

Financial Performance - The company's revenue for Q3 2024 reached ¥487,773,731.76, representing a 19.87% increase year-over-year, and a total revenue of ¥1,421,648,925.55 for the year-to-date, up 32.67% compared to the same period last year[2] - Net profit attributable to shareholders for Q3 2024 was ¥43,500,807.48, a significant increase of 164.40% year-over-year, with a year-to-date net profit of ¥107,542,851.47, up 87.67%[2] - The basic earnings per share for Q3 2024 was ¥0.12, reflecting a 149.48% increase compared to the same period last year, with a year-to-date figure of ¥0.31, up 82.35%[2] - Total operating revenue for the period reached ¥1,421,648,925.55, a 32.6% increase from ¥1,071,592,650.83 in the previous period[11] - Net profit attributable to shareholders of the parent company was ¥107,542,851.47, up 87.8% from ¥57,305,039.78 in the same period last year[12] - Operating profit increased to ¥112,200,890.42, compared to ¥67,812,863.12 in the previous year, reflecting a growth of 65.5%[12] - The company reported a total comprehensive income of ¥108,613,109.37, significantly higher than ¥59,329,581.96 in the previous year[13] Assets and Liabilities - Total assets at the end of Q3 2024 amounted to ¥2,627,605,311.46, a 9.91% increase from the end of the previous year[2] - Total liabilities increased to approximately ¥897.33 million from ¥722.91 million, reflecting a growth of 24.2%[9] - The total liabilities rose to ¥1,120,870,947.26, an increase of 19.2% from ¥940,586,183.49 in the previous period[10] - The total equity attributable to shareholders at the end of Q3 2024 was ¥1,498,786,640.07, a 3.84% increase from the end of the previous year[2] Cash Flow - The company's cash flow from operating activities for the year-to-date was ¥74,900,935.28, showing a decrease of 10.15% compared to the same period last year[2] - Cash flow from operating activities was ¥74,900,935.28, a decrease of 10.5% compared to ¥83,365,928.71 in the same period last year[14] - The net increase in cash and cash equivalents was 116,573,111.00, compared to 83,566,555.52 in the previous period[15] - The ending balance of cash and cash equivalents reached 609,219,127.32, up from 501,088,838.89 in the previous period[15] Investments and Expenses - Research and development expenses increased by 36.01% year-over-year to ¥70,693,318.96, indicating a focus on new product development[5] - Research and development expenses increased to ¥70,693,318.96, up 36.0% from ¥51,975,015.00 in the previous year[11] - Cash paid for the acquisition of fixed assets, intangible assets, and other long-term assets was 97,350,397.72, down from 224,313,828.26 in the previous period[15] - Cash paid for other investment activities was 63,001,000.00, compared to 224,690,000.00 in the previous period[15] Shareholder Information - The total number of common shareholders at the end of the reporting period is 22,677[7] - The largest shareholder, You Aiguo, holds 28.29% of the shares, totaling 96,798,244 shares[7] Government Subsidies - The company received government subsidies amounting to ¥1,598,261.79 in Q3 2024, contributing to its non-operating income[3] Other Financial Metrics - Accounts receivable rose significantly to ¥392.39 million from ¥202.47 million, marking an increase of 94.0%[8] - Total current assets increased to approximately ¥1.40 billion from ¥1.18 billion, reflecting a growth of 18.1%[9] - Long-term equity investments increased to approximately ¥472.47 million from ¥446.82 million, a rise of 5.7%[9] - Fixed assets grew to approximately ¥591.37 million from ¥579.77 million, an increase of 2.0%[9] - Short-term borrowings increased by 53.67% to ¥193,591,920.00, reflecting a rise in bank loans[5] - The company has not reported any changes in the participation of major shareholders in margin trading or securities lending activities[8]

证券代码：002825 证券简称：纳尔股份 公告编号：2024-062 上海纳尔实业股份有限公司 关于回购公司股份进展的公告 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。 上海纳尔实业股份有限公司（以下简称"公司"）于2023年11月5日召开第五 届董事会第七次会议和第五届监事会第七次会议，审议通过了《关于回购公司股 份方案的议案》，公司拟使用自有资金以集中竞价交易方式回购部分公司已发行 的人民币普通股（A股），拟用于实施股权激励或员工持股计划。本次用于股份 回购的资金总额为不低于人民币2,000万元（含）且不超过人民币4,000万元（含）， 回购股份价格为不超过人民币10元/股（含），具体回购股份的数量以回购结束 时实际回购的股份数量为准。回购股份的期限为自公司董事会审议通过本次回购 方案之日起12个月内。具体内容请详见公司于2023年11月7日、2023年11月8日、 2023年11月11日披露的《关于回购公司股份方案的公告》（公告编号：2023-064）、 《回购报告书》（公告编号：2023-066）、《关于首次回购公司股份的公告》（公 告编号：202 ...

证券代码：002825 证券简称：纳尔股份 公告编号：2024-061 上海纳尔实业股份有限公司 2024年半年度权益分派实施公告 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．以公司现有总股本342,028,676股，扣除截至本公告日回购专户上已回 购股份3,426,140股后股本338,602,536股为基数，向全体股东每10股派发现金红 利0.20元（含税），拟分配派发现金红利 6,772,050.72元（含税）。不送红股， 不进行资本积金转增股本。 6、公司已于2024年5月14日召开2023年度股东大会，审议通过了《关于公司 2024年度中期分红安排并提请股东大会授权董事会进行及制定具体方案的议案》， 授权董事会全权办理2024年度中期利润分配相关事宜，本次利润分配事项已获得 股东大会授权，无需提交股东大会审议。 二、权益分派方案 2．本次权益分派实施后计算除权除息价格时，按公司总股本折算的每10股 现 金 分 红 （ 含 税 ） = 实 际 现 金 分 红 总 额 ÷ 总股本 ×10 ， 即 338,602,536 股 ×0.20 ...

证券代码：002825 证券简称：纳尔股份 公告编号：2024-059 上海纳尔实业股份有限公司 第五届监事会第十二次会议决议公告 本公司及监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。 一、监事会会议召开情况 1、审议通过了《关于调整<2024年半年度利润分配预案>的议案》 公司《关于调整<2024年半年度利润分配预案>的公告》（公告编号：2024-060） 详见巨潮资讯网（www.cninfo.com.cn）和《证券时报》、《中国证券报》。 审议结果：同意3票，反对0票，弃权0票。 特此公告。 上海纳尔实业股份有限公司监事会 2024年9月11日 1 上海纳尔实业股份有限公司（以下简称"公司"）第五届监事会第十二次会 议于2024年9月11日在公司会议室以现场结合通讯方式召开。本次会议于2024年9 月6日以传真、电子邮件和正式文本等方式通知了全体监事。 本次会议应出席监事3人，实际出席监事3人。会议由监事会主席邵贤贤女士 召集和主持，召集和召开的程序符合《中华人民共和国公司法》及公司章程的规 定。 二、监事会会议审议情况 ...

证券代码：002825 证券简称：纳尔股份 公告编号：2024-060 上海纳尔实业股份有限公司 关于调整2024年半年度利润分配预案的公告 本公司及监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。 重要内容提示： 以公司现有总股本342,028,676股，扣除截至本公告日回购专户上已回购股 份3,426,140股后股本338,602,536股为基数，向全体股东每10股派发现金红利 0.20元（含税），拟分配派发现金红利 6,772,050.72元（含税）。不送红股， 不进行资本积金转增股本。 一、原利润分配预案内容 2024年8月23日上海纳尔实业股份有限公司（以下简称"公司"）召开第五 届董事会第十一次会议和第五届监事会第十一次会议，审议通过了《关于公司 2024年半年度利润分配预案的议案》（以下简称"原预案"），并于当日披露了 《关于2024年半年度利润分配预案的公告》（公告编号：2024-055）。在2023 年年度股东大会中已审议通过授权董事会进行及制定2024年中期分红的具体方 案。原预案为： 根据公司2024年半年度财务报告（未经审计），公司2024年半年 ...