Core Insights - The company reported a revenue of 1.415 billion yuan for the first three quarters of 2025, representing a year-on-year growth of 9.87% [1] - The net profit attributable to shareholders reached 30.0997 million yuan, showing a year-on-year increase of 20.07% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 19.7321 million yuan, reflecting a year-on-year growth of 24.70% [1] - The basic earnings per share stood at 0.114 yuan [1]

证券代码：002886 证券简称：沃特股份 公告编号：2025-053 深圳市沃特新材料股份有限公司 第五届董事会第十二次会议决议公告 表决情况：同意 7 票，反对 0 票，弃权 0 票。 表决结果：通过。 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 深圳市沃特新材料股份有限公司（以下简称"公司"）第五届董事会第十二次 会议于 2025 年 10 月 20 日以电子邮件、传真或电话方式发出通知，并于 2025 年 10 月 30 日以现场表决方式，在深圳市南山区深圳国际创新谷 7 栋 B 座 31 层公 司会议室召开。本次会议应到董事 7 人，实到董事 7 人，高级管理人员列席了会 议，且本次会议由董事长吴宪主持。本次会议的召集和召开符合《公司法》等相 关法律法规、规章及其他规范性文件和《公司章程》的规定。 二、董事会会议审议情况 （一）审议通过《2025 年第三季度报告》 公司严格按照相关法律、法规和中国证监会、深圳证券交易所的规定，编制 完成《2025 年第三季度报告》，报告内容公允地反映公司的经营状况和经营成 果，报告所披露的 ...

Financial Performance - The company's operating revenue for Q3 2025 reached ¥508,156,758.74, an increase of 5.81% compared to the same period last year[3] - Net profit attributable to shareholders was ¥11,691,688.54, reflecting a growth of 14.43% year-on-year[3] - The net profit excluding non-recurring gains and losses was ¥7,431,590.26, up 6.03% from the previous year[3] - Total operating revenue for the current period reached ¥1,414,516,724.97, an increase of 9.9% compared to ¥1,287,401,829.56 in the previous period[16] - Total operating costs amounted to ¥1,407,834,325.66, up from ¥1,270,797,082.91, reflecting a growth of 10.8%[16] - Net profit for the current period was ¥30,211,598.35, slightly down from ¥30,335,190.46, indicating a decrease of 0.4%[17] - Earnings per share (EPS) increased to ¥0.114 from ¥0.099, representing a growth of 15.2%[18] - The company reported a total comprehensive income of ¥28,024,734.11, down from ¥31,080,686.11, a decrease of 9.9%[18] - Investment income for the current period was ¥6,754,697.36, compared to ¥6,352,068.06, reflecting an increase of 6.3%[17] Cash Flow - The cash flow from operating activities for the year-to-date was ¥95,885,061.89, up 15.49% year-on-year[3] - Cash flow from operating activities generated a net amount of ¥95,885,061.89, compared to ¥83,024,620.91 in the previous period, marking an increase of 15.1%[19] - Net cash flow from investment activities was -137,439,200.14, compared to -382,079,025.20 in the previous period, indicating an improvement[20] - Cash inflow from financing activities totaled 979,536,056.64, up from 703,247,873.97, reflecting increased borrowing[20] - Cash outflow for debt repayment was 889,235,733.98, significantly higher than 260,057,857.61 in the prior period[20] - The net increase in cash and cash equivalents was 85,468.55, compared to 76,060,039.33 previously, showing a modest increase[20] - The ending balance of cash and cash equivalents was 245,829,249.94, compared to 223,231,564.43 in the previous period[20] - Total cash outflow from investment activities was 963,440,052.80, compared to 681,658,161.80 previously, indicating increased investment spending[20] - Cash flow from financing activities netted 41,675,044.34, a decrease from 374,214,867.64 in the prior period[20] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥3,856,493,161.49, representing a 2.15% increase from the end of the previous year[3] - The company's total current assets amount to ¥1,976,762,052.39, an increase from ¥1,909,759,015.71 at the beginning of the period[12] - The total liabilities of the company are ¥2,838,097,731.55, with current liabilities at ¥1,383,891,121.17[13] - Total liabilities increased to ¥1,984,520,939.64 from ¥1,929,482,124.17, a rise of 2.9%[14] - The company's cash and cash equivalents increased to ¥266,456,779.55 from ¥252,431,912.37[12] - Inventory levels rose to ¥698,892,704.07, up from ¥649,214,003.34[12] - The company has a total of ¥124,989,918.51 in accounts payable, an increase from ¥81,763,799.58[13] - The company’s long-term borrowings stand at ¥454,206,610.38, down from ¥472,826,452.02[13] - The company's total equity attributable to shareholders reached ¥1,802,995,537.20, compared to ¥1,777,137,438.47, an increase of 1.4%[14] Shareholder Information - The total number of common shareholders at the end of the reporting period is 31,496[10] - The largest shareholder, Shenzhen Yinqiao Investment Co., Ltd., holds 13.92% of shares, totaling 36,635,001 shares[10] Other Information - The company experienced a 64.03% decrease in net cash flow from investing activities, totaling -¥137,440,000, mainly due to reduced capital expenditures for base construction[9] - The net cash flow from financing activities decreased by 88.86% to ¥41,680,000, primarily due to increased cash outflows for repaying bank loans[9] - The company did not undergo an audit for the third quarter financial report[21] - The new accounting standards will be first implemented starting in 2025[22]

证券代码：002886 证券简称：沃特股份 公告编号：2025-052 深圳市沃特新材料股份有限公司 关于收购华尔卡密封件制品(上海)有限公司 100%股权的进展公告 除上述交易价格调整外，本次交易仍按原计划继续推进相关工作。公司将持 续关注本次交易的后续进展并根据相关法律、法规和规范性文件的规定及时履行 信息披露义务，敬请广大投资者注意投资风险。 特此公告。 深圳市沃特新材料股份有限公司 董事会 二〇二五年十月二十八日 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、本次交易概述 为进一步强化公司在半导体行业的布局，提升公司全球竞争力，深圳市沃特 新材料股份有限公司（以下简称"公司"、"沃特股份"）于 2025 年 9 月 5 日召开 第五届董事会第十一次会议、2025 年 9 月 26 日召开 2025 年第一次临时股东大 会，审议通过《关于收购华尔卡密封件制品(上海)有限公司 100%股权的议案》， 以华尔卡密封件制品(上海)有限公司（以下简称"密封件公司"）2025 年 6 月 30 日经审计和评估的净资产为基础，同意公司拟以自有或自筹资金 2,5 ...

Core Viewpoint - The company,沃特股份, is committed to seizing opportunities arising from downstream industry upgrades and the increasing demand for material performance, regardless of international circumstances [1] Group 1 - The company aims to provide competitive polymer material solutions to both domestic and international clients [1]

Core Insights - Shenzhen Water New Materials Co., Ltd. (沃特股份) has completed the acquisition of 100% equity in Huarka Sealing Products (Shanghai) Co., Ltd. (华尔卡密封件), which has been approved by the company's shareholders' meeting and is currently undergoing related business changes [1][2] - The semiconductor industry is experiencing a continuous upward trend in demand due to the ongoing wave of artificial intelligence, providing new development opportunities for the company [1] - The acquisition will enhance the company's ability to serve customers by integrating semiconductor core materials and key components [1][2] Company Developments - The acquisition of Huarka Sealing Products will allow the company to form a semiconductor component solution and accelerate the release of fluorine material production capacity [2] - The company has established deep cooperation with global semiconductor supply chain customers and has entered the supply chain of leading global manufacturers [2] Industry Context - The semiconductor industry is facing stricter requirements for material performance, including high and low-temperature resistance, corrosion resistance, and cleanliness, as chip manufacturing evolves towards higher processes and power consumption [1] - Fluorinated materials such as PTFE (polytetrafluoroethylene) are becoming key materials in semiconductor equipment manufacturing due to their excellent chemical stability and mechanical properties [1]

Core Viewpoint - The company沃特股份 is expanding its production capacity and strategic positioning in the high-performance polymer materials and semiconductor sectors, particularly through the development of LCP materials and the acquisition of a sealing components company. Group 1: LCP Production and Market Position - The company has begun mass production of LCP materials at its new facility in Chongqing, which is expected to become the largest global supplier of LCP materials [1] - The company has invested 10 years in LCP development, acquiring technology from Samsung in 2014 and establishing its own production line in 2020, leading to its position as the top domestic supplier by 2021 [1] - Current LCP resin production capacity stands at 20,000 tons, with plans for further expansion based on market demand [1] Group 2: Acquisition of Sealing Components Company - The company plans to acquire 100% of the sealing components company for 25 million yuan, aiming to enhance its competitiveness in the semiconductor industry [1][2] - The sealing components company specializes in high-performance sealing products and has a significant presence in the semiconductor and nuclear energy sectors [2] - Financial projections for the sealing components company indicate challenges, with revenues of 211 million yuan in 2023 and expected losses in 2024 and 2025 [2][3] Group 3: Financial Performance - The company reported a revenue increase of 12.29% year-on-year, reaching 906.36 million yuan in the first half of 2025 [4][5] - Net profit attributable to shareholders grew by 23.94%, with a significant increase in R&D investment, which accounted for 6.18% of revenue [4][5] - The company’s product segments include special polymer materials, engineering plastic alloys, and modified general plastics, with respective revenue contributions of 48.93%, 27.55%, and 17.65% [6] Group 4: Semiconductor Sector Developments - The company has successfully integrated its semiconductor technology following the acquisition of Shanghai沃特华本, achieving breakthroughs in core semiconductor components [7] - The company’s PTFE precision components are now utilized by leading semiconductor equipment manufacturers, enhancing its market position [7] - As the semiconductor industry recovers, the company is poised to leverage its platform advantages to capture new growth opportunities [7]

Group 1 - The company has started mass production of LCP capacity in Chongqing and is supplying products to customers [1] - The company has also begun to receive customer orders for PEEK [1]

Core Viewpoint - The company has successfully initiated mass production of its new LCP capacity in Chongqing and is gradually receiving orders for PEEK products [1] Group 1: Production Capacity - The new LCP production capacity in Chongqing has received its production license and has been in operation for one quarter [1] - The company has begun to provide products in bulk to customers from the new capacity [1] Group 2: Market Development - The company is actively promoting market development efforts following the ramp-up of production [1] - There has been progress in obtaining new customer orders for PEEK products [1]

Core Viewpoint - The semiconductor industry is experiencing a continuous upturn driven by the demand for artificial intelligence, presenting new growth opportunities for domestic special polymer materials company, Water Co., Ltd. [1] Group 1: Company Developments - Water Co., Ltd. has integrated a platform for semiconductor core materials and key components, positioning itself favorably in the market [1]. - The company has acquired 100% of the shares of Walka Sealing Products (Shanghai) Co., Ltd., incorporating a global core sealing component manufacturing base into its operations [2]. - Water Co., Ltd. has established a comprehensive supply system for semiconductor materials and components through its subsidiaries, Water Huaben and Zhejiang Kesai [1][2]. Group 2: Market Trends and Opportunities - The demand for semiconductor equipment, particularly corrugated pipe sealing products, is expected to grow, with a compound annual growth rate of 7.0% from 2025 to 2031 [2]. - The company has achieved an annual production capacity of 8,000 tons of high-performance special fluorine materials, making it a leading supplier of electronic-grade PTFE and ePTFE films in China [2]. - Water Co., Ltd. is well-positioned to benefit from the rising demand in the semiconductor materials sector, leveraging its full industry chain layout and global customer resources to enhance its market position [2].