Core Insights - The company reported a total revenue of 928 million yuan for Q3 2025, ranking 38th among disclosed peers, which represents a decrease of 99.43 million yuan or 9.68% year-on-year [1] - The net profit attributable to shareholders was 90.38 million yuan, with net cash inflow from operating activities at 129 million yuan, down 41.70 million yuan or 24.39% compared to the same period last year [1] Financial Metrics - The latest debt-to-asset ratio stands at 34.25%, ranking 30th among peers [3] - The gross profit margin is 25.10%, ranking 35th, which is a decrease of 2.63 percentage points from the same period last year [3] - The return on equity (ROE) is reported at 6.39% [3] Earnings and Turnover - The diluted earnings per share (EPS) is 0.89 yuan [4] - The total asset turnover ratio is 0.43 times, ranking 30th, which is a decline of 0.02 times or 4.37% year-on-year [4] - The inventory turnover ratio is 2.99 times, ranking 31st [4] Shareholder Structure - The number of shareholders is 10,600, with the top ten shareholders holding 51.63 million shares, accounting for 50.29% of the total share capital [4] - The largest shareholder is Wang Zhulin, holding 27.08% of the shares [4]

Core Viewpoint - The company reported a decline in revenue for the first three quarters of 2025, while net profit showed significant growth compared to the previous year [1] Financial Performance - Revenue for the first three quarters of 2025 reached 928 million yuan, representing a year-on-year decrease of 9.68% [1] - Net profit attributable to shareholders was 90.38 million yuan, reflecting a year-on-year increase of 5,439.87% [1] - Net profit excluding non-recurring gains and losses was 88.44 million yuan, which is a year-on-year increase of 1,598.58% [1] - Basic earnings per share stood at 0.89 yuan [1]

证券代码：003011 证券简称：海象新材 公告编号：2025-061 浙江海象新材料股份有限公司 关于使用闲置自有资金购买理财产品的公告 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。 浙江海象新材料股份有限公司（以下简称"公司"）于 2025 年 10 月 29 日 召开了第三届董事会第十二次会议审议通过了《关于使用闲置自有资金购买理财 产品的议案》，现将具体情况公告如下： 1、委托理财的目的：在不影响公司正常经营及风险可控的前提下，公司及 子公司合理使用闲置自有资金用于购买理财产品，有利于提高资金使用效率，增 加现金资产的收益，为公司与股东创造更大的投资回报。 2、投资品种：公司及子公司拟购买安全性高、流动性好、低风险的金融机 构理财产品，包括商业银行及其他金融机构固定收益或浮动收益型的理财产品等， 不得投资股票或其他高风险收益类产品。 3、投资额度：不超过人民币 3 亿元，上述额度可循环滚动使用，其中任意 时点购买的理财产品余额不得超过董事会授权的总额度。 4、资金来源：本次公司购买理财产品所使用的资金为公司闲置自有资金， 不涉及使用募集资金或银行信贷 ...

证券代码：003011 证券简称：海象新材 公告编号：2025-060 浙江海象新材料股份有限公司 关于开展外汇套期保值业务的公告 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。 特别提示： 1、交易目的：为有效规避外汇市场风险，防范汇率大幅波动对浙江海象新 材料股份有限公司（以下简称"公司"）造成不利影响，同时为提高外汇资金使 用效率，合理降低财务费用，公司及子公司拟开展外汇套期保值业务。 2、交易种类：公司及子公司拟开展的外汇套期保值业务品种包括但不限于 外汇远期、外汇掉期、外汇期权、结构性远期、利率掉期、货币互换、买入期权、 卖出期权等。 3、交易场所：经国家外汇管理局和中国人民银行批准，具有外汇套期保值 交易业务经营资格的银行等金融机构。 4、在授权期限内，公司及子公司预计动用的交易保证金和权利金上限（包 括为交易而提供的担保物价值、预计占用的金融机构授信额度、为应急措施所预 留的保证金等）不超过 300 万美元（含等值其他币种），预计任一交易日持有的 最高合约价值不超过 5,000 万美元（含等值其他币种），任一时点的交易金额（含 前述交易的收益进行 ...

浙江海象新材料股份有限公司 关于开展外汇套期保值业务的可行性分析报告 一、开展外汇套期保值业务的基本情况 1、交易目的 公司及子公司日常生产经营以出口为主，主要采用美元、欧元等外币进行结 算。因此当汇率出现较大波动时，汇兑损益会对公司的经营业绩造成一定的影响。 为有效规避外汇市场风险，防范汇率大幅波动对公司造成不利影响，同时为提高 外汇资金使用效率，合理降低财务费用，公司及子公司拟开展外汇套期保值业务， 以降低汇兑损益可能对公司经营业绩带来的影响。公司及子公司开展的衍生品交 易业务与日常经营需求紧密相关，在有效规避和防范外汇汇率、利率波动风险， 增强公司财务稳健性等方面具有必要性。该交易不会影响公司日常经营和主营业 务的发展，公司将根据实际情况合理安排资金的使用。 2、交易金额 在授权期限内，公司及子公司预计动用的交易保证金和权利金上限（包括为 交易而提供的担保物价值、预计占用的金融机构授信额度、为应急措施所预留的 保证金等）不超过 300 万美元（含等值其他币种），预计任一交易日持有的最高 合约价值不超过 5,000 万美元（含等值其他币种），任一时点的交易金额（含前 述交易的收益进行再交易的相关金额）将不 ...

证券代码：003011 证券简称：海象新材 公告编号：2025-058 浙江海象新材料股份有限公司 第三届董事会第十二次会议决议的公告 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、董事会会议召开情况 浙江海象新材料股份有限公司（以下简称"公司"）第三届董事会第十二次 会议于 2025 年 10 月 29 日在公司会议室召开。本次会议应到董事 7 人，实到董 事 7 人。会议通知已于 2025 年 10 月 24 日通过邮件和电话的方式送达各位董事。 会议由公司董事长王周林先生主持。本次会议的召开符合《公司法》《公司章程》 以及有关法律、行政法规、部门规章、规范性文件的规定。 二、董事会会议审议情况 与会董事对本次会议需审议的议案进行了充分讨论，形成了以下决议： 1、审议通过《关于 2025 年第三季度报告的议案》 本议案已经公司第三届董事会审计委员会第九次会议审核通过。 表决结果：同意 7 票；反对 0 票；弃权 0 票。 具 体 内 容 详 见 公 司 同 日 披 露 于 证 券 时 报 、 证 券 日 报 和 巨 潮 资 讯 网 （http://w ...

Revenue and Profit - Q3 2025 revenue was CNY 324,057,725.28, a decrease of 4.79% year-over-year, while total revenue for the year-to-date was CNY 927,888,638.43, down 9.68% compared to the same period last year[5] - Net profit attributable to shareholders for Q3 2025 reached CNY 25,437,298.21, a significant increase of 772.05% year-over-year, with year-to-date net profit at CNY 90,384,452.68, up 5,439.87%[5] - Basic and diluted earnings per share for Q3 2025 were both CNY 0.25, reflecting a 725.00% increase compared to the same quarter last year[5] - The total profit for the year-to-date was CNY 95,558,619.58, a 555.03% increase compared to the previous year, driven by a reduction in asset impairment provisions[9] - Net profit increased significantly to ¥90,384,452.68 compared to ¥1,631,525.49 in the previous period, marking a substantial improvement[21] - Basic and diluted earnings per share rose to ¥0.89 from ¥0.02, indicating a strong recovery in profitability[22] Assets and Liabilities - Total assets as of September 30, 2025, were CNY 2,149,816,113.12, representing a 0.77% increase from the end of the previous year[5] - Total assets amounted to ¥2,149,816,113.12, slightly up from ¥2,133,409,565.53, reflecting a stable asset base[18] - Total liabilities increased to ¥736,349,581.24 from ¥716,145,109.65, showing a rise of approximately 2.9%[18] Cash Flow - Cash flow from operating activities for the year-to-date was CNY 129,249,683.44, down 24.39% compared to the same period last year[5] - Operating cash inflow for the current period was CNY 1,000,935,979.87, a decrease of 15.2% from CNY 1,179,961,155.28 in the previous period[23] - Net cash flow from operating activities was CNY 129,249,683.44, down 24.4% from CNY 170,945,464.11 year-on-year[24] - Total cash outflow from investing activities was CNY 472,851,731.45, significantly higher than CNY 70,741,081.83 in the previous period[24] - Net cash flow from investing activities was negative CNY 879,083.03, compared to negative CNY 70,741,081.83 in the previous period[24] - Cash inflow from financing activities totaled CNY 474,525,355.76, an increase from CNY 335,902,692.66 in the previous period[24] - Net cash flow from financing activities was negative CNY 35,123,807.36, worsening from negative CNY 28,565,117.81 year-on-year[24] - The ending cash and cash equivalents balance was CNY 339,195,235.40, up from CNY 306,850,585.29 in the previous period[24] Shareholder Information - The total number of common shareholders at the end of the reporting period is 10,597[10] - The largest shareholder, Wang Zhoulin, holds 27.08% of the shares, totaling 27,809,460 shares[10] - The company repurchased 21,600 shares, accounting for 0.02% of the total share capital, with a total transaction amount of 431,252 RMB[12] - The maximum repurchase price was adjusted from 22 RMB per share to 21.40 RMB per share effective from September 24, 2025[12] - The company has no preferred shareholders or significant changes in the top 10 shareholders due to margin trading[11] - The company did not distribute any bonus shares or increase capital from reserves in the dividend plan[13] - The cash dividend for the first half of 2025 is set at 3 RMB per 10 shares, totaling 30,503,115 RMB distributed to shareholders[13] Operating Costs and Expenses - Total operating revenue decreased to ¥927,888,638.43 from ¥1,027,321,085.58, representing a decline of approximately 9.7% year-over-year[20] - Total operating costs reduced to ¥840,820,058.04 from ¥925,519,596.12, a decrease of about 9.2% year-over-year[20] - R&D expenses decreased by 20.64% to CNY 32,300,546.04, indicating a reduction in investment in research and development activities[9] - Research and development expenses decreased to ¥32,300,546.04 from ¥40,700,472.19, a reduction of about 20.7% year-over-year[21] - The company experienced a 442.47% increase in other operating income, totaling CNY 845,962.75, mainly due to an increase in compensation received[9] - The company reported a significant increase in investment income to ¥94,931.29 from a loss of ¥743,991.52 in the previous period, indicating improved investment performance[21] Other Financial Metrics - The company’s cash flow from operating activities showed a decline, indicating potential challenges in revenue generation[23] - Cash received from sales of goods and services was CNY 900,550,352.01, down from CNY 1,059,411,436.60 in the previous period[23] - Cash paid to employees decreased to CNY 101,115,117.05 from CNY 116,108,182.28, a reduction of 12.9%[24] - Other comprehensive income after tax showed a loss of ¥32,741,843.14 compared to a loss of ¥12,173,029.61, reflecting challenges in this area[22] - The company reported a significant increase in other receivables, which rose by 109.96% to CNY 51,237,280.22, primarily due to an increase in export tax refunds[9] - Accounts receivable rose to 291,180,658.95 RMB from 267,077,007.33 RMB at the beginning of the period[16] - Other receivables increased to 51,237,280.22 RMB from 24,403,123.46 RMB at the beginning of the period[16] - The company's cash and cash equivalents increased to 355,422,545.29 RMB from 272,663,539.78 RMB at the beginning of the period[16]

证券代码：003011 证券简称：海象新材 公告编号：2025-057 浙江海象新材料股份有限公司 关于为全资子公司申请授信额度提供担保的进展公告 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： 本次接受担保的子公司浙江海象进出口有限公司资产负债率超过 70%，敬请 投资者注意相关风险。 一、担保情况概述 浙江海象新材料股份有限公司（以下简称"公司"）分别于 2025 年 4 月 28 日、2025 年 5 月 19 日召开了第三届董事会第八次会议、2024 年年度股东会，审 议通过了《关于公司及子公司申请综合授信额度及为子公司提供担保的议案》， 董事会同意 2025 年度公司全资子公司浙江海象进出口有限公司（以下简称"海 象进出口"）向银行等金融机构申请综合授信额度，总计不超过 12 亿元人民币， 公司为子公司提供担保额度总计不超过 12 亿元人民币，同时子公司将视情况以 自有财产为自身提供抵押担保；股东会同意授权公司管理层根据实际情况在前述 综合授信额度及担保额度范围内，全权办理公司及子公司向金融机构申请授信及 提供担保相关的具体事项，并签署与 ...

Core Viewpoint - The company has approved a comprehensive credit guarantee of up to 1.2 billion yuan for its wholly-owned subsidiary, Hai Xiang Import and Export, during board and shareholder meetings scheduled for April 28 and May 19, 2025 [1] Group 1 - On October 22, the company signed a maximum guarantee contract with Industrial Bank's Jiaxing Haining Branch, providing a guarantee of up to 50 million yuan for Hai Xiang Import and Export [1] - Following this guarantee, the total guarantee balance for Hai Xiang Import and Export reached 355 million yuan, leaving an available guarantee limit of 845 million yuan [1] - Hai Xiang Import and Export has a debt-to-asset ratio of 84.42%, and the cumulative external guarantee amount accounts for 25.05% of the most recent audited net assets, with no overdue guarantees reported [1]

Core Viewpoint - The stock price of Zhejiang Haixiang New Materials Co., Ltd. has increased by 5.06% on October 23, reaching 23.48 CNY per share, with a total market capitalization of 2.411 billion CNY, reflecting a cumulative increase of 9.08% over the past three days [1] Company Overview - Zhejiang Haixiang New Materials Co., Ltd. was established on December 9, 2013, and went public on September 30, 2020. The company specializes in the research, production, and sales of PVC flooring [1] - The main business revenue composition includes: SPC products 59.59%, WPC products 17.44%, LVT products 17.19%, and others 5.77% [1] Shareholder Information - Noan Fund's Noan Multi-Strategy Mixed A (320016) has entered the top ten circulating shareholders of Haixiang New Materials, holding 577,900 shares, which accounts for 0.74% of the circulating shares. The fund has gained approximately 653,000 CNY in floating profit today and 1.0749 million CNY during the three-day increase [2] - Noan Multi-Strategy Mixed A (320016) was established on August 9, 2011, with a latest scale of 1.399 billion CNY. Year-to-date returns are 67.31%, ranking 286 out of 8,159 in its category; one-year returns are 82.95%, ranking 108 out of 8,030; and since inception returns are 222.9% [2] Fund Manager Performance - The fund managers of Noan Multi-Strategy Mixed A are Kong Xianzheng and Wang Haichang. Kong has a tenure of 4 years and 332 days, with a total fund asset size of 4.607 billion CNY, achieving a best return of 81.64% and a worst return of -16.74% during his tenure [3] - Wang has a tenure of 3 years and 94 days, managing assets of 2.529 billion CNY, with a best return of 68.86% and a worst return of -18.8% during his tenure [3]