证券代码：003011 证券简称：海象新材 公告编号：2026-014 浙江海象新材料股份有限公司 关于拟任独立董事取得独立董事培训证明及 修改召开 2026 年第二次临时股东会通知的公告 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。 一、拟任独立董事取得独立董事培训证明 浙江海象新材料股份有限公司（以下简称"公司"）于 2026 年 1 月 27 日召 开第三届董事会第十四次会议，审议通过了《关于提名第三届董事会独立董事候 选人的议案》，同意提名朱雯婷女士为公司第三届董事会独立董事候选人。截至 公司 2026 年第二次临时股东会通知发出之日，朱雯婷女士尚未取得深圳证券交 易所认可的独立董事资格证书，根据深圳证券交易所的有关规定，朱雯婷女士已 书面承诺参加最近一次独立董事培训并取得深圳证券交易所认可的独立董事资 格证书。具体内容详见公司于 2026 年 1 月 28 日在巨潮资讯网（www.cninfo.co m.cn）披露的《浙江海象新材料股份有限公司关于独立董事辞职暨补选独立董事 的公告》（公告编号：2026-010）。 近日，公司收到朱雯婷女士的通知， ...

Company and Industry Summary Company Overview - **Company**: 海象新材 (Hai Xiang New Materials) - **Industry**: Foreign Trade and Manufacturing Key Points Financial Performance and Outlook - The company expects stable growth in 2026, with net profit in Q4 impacted by impairment of idle capacity, showing no significant growth compared to Q3 [2][3] - For 2025, the profit forecast ranges from 90 million to 110 million, reflecting a significant increase from the previous year due to reduced impairment [3][19] - The company aims to maintain stable performance in the foreign trade sector, with no unexpected situations anticipated [3] Production Capacity and Utilization - The Vietnam plant has a designed capacity of 15 million square meters, currently operating at approximately 60% utilization [2][4] - The company plans to adjust domestic and international production capacity based on order trends, with expectations to maintain around 200 containers per month [2][6] - The Vietnam base is focusing on increasing localization and refined management to control costs [2][7] Market Dynamics - The U.S. market accounts for about 40% of total sales, primarily produced in Vietnam, while the European market constitutes 60%, with most production also in Vietnam [2][8] - The company holds a neutral view on the recovery of U.S. market demand in 2026, focusing more on the European market, which requires more precise management due to its dispersed orders [10][11] Cost Management and Pricing - The company is managing costs through refined management and maintaining customer stickiness, especially in the SPC flooring segment, which faces intense competition [4][12] - PVC prices are currently at historical lows but are expected to rise; the company can pass on raw material costs to customers within a controllable timeframe [12][23] Product Development and Market Strategy - The SPC flooring market is highly competitive, with a slight decline in market share, while the WPC flooring market is performing better [12][14] - The company is exploring non-PVC products, which currently have no revenue contribution but are being monitored for market acceptance [15][16] - Domestic factory utilization has decreased due to reduced orders, with expectations for gradual growth as consumer acceptance increases [17][18] Capital Expenditure and Financial Strategy - The company has no major capital expenditure plans in the near term, focusing on optimizing financial structure and reducing debt levels [21] - A new equity incentive plan was launched in early 2026 to attract new employees and replace an expiring buyback plan, with performance targets set conservatively [22] Currency Exchange and Risk Management - The company experienced some exchange gains early in the year, but overall fluctuations have balanced out by year-end [23] Additional Insights - The company is actively seeking new product opportunities and is prepared to adjust strategies based on market conditions and customer feedback [2][3][15] - The stability of U.S.-Vietnam relations is viewed positively, reducing concerns over tariff pressures [9]

Group 1: Research Basic Information - The research object is Haixiang New Materials, belonging to the plastics products industry, and the reception time is February 4, 2026. The listed company's reception personnel are the securities affairs representative and the manager of the securities legal department, Ma Huanjun [16] Group 2: Detailed Research Institutions - The research institutions include BOC International Securities (securities company, represented by Wei Wei), Shangzheng Fund (fund management company, represented by Zhang Xianglin), China Life Asset Management (insurance asset management company, represented by Gong Cheng), Green Fund (fund management company, represented by Liu Zhe), Huafu Securities (securities company, represented by Wang Junzhe), and Shanghai Xueshi Asset (others, represented by Huang Xi) [17] Group 3: Core Views and Main Content - **2025 Performance**: According to the 2025 performance forecast, the net profit attributable to the parent is expected to be between 90 million yuan and 110 million yuan, a year - on - year increase of 79.64% to 119.56%, mainly due to a significant reduction in asset impairment provisions compared with the same period last year [22] - **Asset Impairment**: The company will determine whether to make asset impairment provisions based on specific circumstances and the principle of prudence, subject to subsequent announcements [22] - **Fund Arrangement**: The company's future fund arrangement focuses on optimizing the asset - liability ratio. With orders moving overseas, there are no plans to add new domestic production capacity [22] - **Product Structure**: The company's products are still mainly PVC floors such as SPC, WPC, and LVT. SPC floors still account for the main revenue, but the proportion has decreased relatively. The product structure will be further adjusted according to customer needs [22] - **Exchange Gains and Losses**: In 2025, the company's exchange gains and losses fluctuated greatly, but remained balanced throughout the year. The company will take various measures to reduce the impact of exchange rates [23] - **PVC Price Fluctuation**: The PVC price has been at a relatively low historical level in the past year. If the PVC price fluctuates significantly, the company will negotiate price transmission with downstream customers. The impact on the gross profit margin is controllable [23] - **US Tariff Policy**: The US tariff policy for domestic and Vietnamese products has been relatively stable, reducing policy uncertainty. In 2025, the company has negotiated a tariff sharing plan with customers [23]

Group 1 - The company is focusing on optimizing its asset-liability ratio in its future funding arrangements [1] - There are currently no plans for new production capacity domestically as orders are shifting overseas [1]

Core Viewpoint - The company plans to optimize its capital structure and does not have plans for new production capacity domestically due to the shift of orders overseas [1] Group 1 - The company's future funding arrangements will focus on optimizing the asset-liability ratio [1] - There are currently no plans for new domestic production capacity as orders are being transferred overseas [1]

Group 1 - The core viewpoint of the article is that the company, Hai Xiang New Materials, is focusing on optimizing its asset-liability ratio in its future funding arrangements [1] - The company has no plans for new production capacity domestically as orders are shifting overseas [1]

Financial Performance - The company's net profit for 2025 is expected to be between 90 million and 110 million CNY, representing a growth of 79.64% to 119.56% compared to the previous year, primarily due to a significant reduction in asset impairment provisions [3] - The fourth quarter of 2025's net profit was mainly impacted by asset impairment provisions, with detailed financial metrics to be disclosed in the upcoming annual report [3] Asset Impairment - The company will determine future asset impairment provisions based on specific circumstances and a principle of prudence, with announcements to follow [4] Financial Planning - Future financial arrangements will focus on optimizing the asset-liability ratio, with no plans for new production capacity domestically as orders shift overseas [5] Product Structure - The company's product lineup remains centered on SPC, WPC, and LVT PVC flooring, with SPC flooring still generating the majority of revenue, although its proportion is decreasing. Adjustments to the product structure will be made based on customer demand [6] Exchange Rate Impact - In 2025, the company experienced significant fluctuations in exchange gains and losses, but overall, it maintained balance. Future strategies will be implemented to mitigate the impact of exchange rates [7] PVC Price Fluctuations - PVC prices have been at historically low levels over the past year. Significant price fluctuations may affect the company's gross margin, but the overall risk is considered manageable [8] Tariff Policies - The U.S. tariff policies on domestic and Vietnamese products have stabilized, reducing uncertainty. In 2025, the company negotiated a tariff-sharing plan with customers [8]

Group 1 - The core viewpoint of the article indicates that the company, Haixiang New Materials (003011.SZ), has not yet generated revenue from its PET products, and the market acceptance of these products still requires time for validation [1] Group 2 - The company recently participated in a specific audience research, highlighting its current status regarding PET products [1] - The acceptance level of the company's PET products in the market remains uncertain and is subject to future evaluation [1]

Group 1 - The company, Hai Xiang New Materials (003011.SZ), has recently indicated that its production capacity is primarily distributed in China and Vietnam [1] - By 2025, the company's orders are expected to shift from domestic to overseas markets, leading to a gradual decline in domestic capacity utilization while increasing utilization in Vietnam [1]

Group 1 - The company, Hai Xiang New Materials (003011.SZ), has recently indicated that its production capacity is primarily distributed in China and Vietnam [1] - By 2025, the company's orders are expected to shift from domestic to overseas markets, leading to a gradual decline in domestic capacity utilization while increasing utilization in Vietnam [1]