证券代码：003022 证券简称：联泓新科 公告编号：2025-018 联泓新材料科技股份有限公司 2024 年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。 3、本次实施的权益分派方案与股东大会审议通过的权益分派方案及其调整 原则一致； 4、本次实施的权益分派方案距离股东大会审议通过的时间未超过两个月。 二、本次实施的权益分派方案 公司 2024 年年度权益分派方案为：以公司总股本 1,335,568,000 股为基数， 1 联泓新材料科技股份有限公司（以下简称"公司"或"本公司"）2024 年年 度权益分派方案已于 2025 年 4 月 18 日经公司 2024 年年度股东大会审议通过， 现将权益分派实施事宜公告如下： 一、股东大会审议通过权益分派方案的情况 1、经公司 2024 年年度股东大会审议通过的 2024 年年度权益分派方案为： 以公司总股本 1,335,568,000 股为基数，向全体股东每 10 股派发现金红利 0.60 元 （含税），不送红股，不以资本公积金转增股本。本次权益分派方案实施时，若 享有利润分配权的股本总额 ...

证券代码：003022 证券简称：联泓新科 公告编号：2025-017 联泓新材料科技股份有限公司 2024 年年度股东大会决议公告 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。 特别提示： 1、本次股东大会未出现否决议案的情形。 2、本次股东大会不涉及变更以往股东大会已通过的决议。 一、会议召开和出席情况 （一）会议召开时间： 1、现场会议时间：2025 年 4 月 18 日（星期五）14:30 2、网络投票时间：2025 年 4 月 18 日（星期五） 其中，通过深圳证券交易所交易系统进行网络投票的时间为 2025 年 4 月 18 日 9:15-9:25，9:30-11:30 和 13:00-15:00；通过深圳证券交易所互联网投票系 统投票的时间为 2025 年 4 月 18 日 9:15-15:00 期间的任意时间。 （二）会议地点：北京市海淀区科学院南路 2 号融科资讯中心 C 座南楼 15 层公司会议室 （三）会议召开方式：本次会议采取现场投票与网络投票相结合的方式 （四）会议召集人：公司董事会 （五）会议主持人：郑月明先生 （六）本次会议的召 ...

北京市金杜律师事务所 关于联泓新材料科技股份有限公司 2024 年年度股东大会 的法律意见书 致：联泓新材料科技股份有限公司 北京市金杜律师事务所（以下简称本所）接受联泓新材料科技股份有限公司 （以下简称公司）委托，根据《中华人民共和国证券法》（以下简称《证券法》）、 《中华人民共和国公司法》（以下简称《公司法》）、中国证券监督管理委员会《上 市公司股东会规则》（以下简称《股东会规则》）等中华人民共和国境内（以下简 称中国境内，为本法律意见书之目的，不包括中国香港特别行政区、中国澳门特 别行政区和中国台湾地区）现行有效的法律、行政法规、规章和规范性文件和现 行有效的《联泓新材料科技股份有限公司章程》（以下简称《公司章程》）有关规 定，指派律师出席了公司于 2025 年 4 月 18 日召开的 2024 年年度股东大会（以 下简称本次股东大会），并就本次股东大会相关事项出具本法律意见书。 为出具本法律意见书，本所律师审查了公司提供的以下文件，包括但不限于： 1. 经公司 2023 年年度股东大会审议通过的《公司章程》； 6. 公司本次股东大会议案及涉及相关议案内容的公告； 7. 深圳证券信息有限公司提供的本次股 ...

联泓新科 2024 年报点评： 持续聚焦新材料产品，打造国家级"绿色工厂" 2025 年 04 月 14 日 公司点评 买入/维持 联泓新科(003022) ◼ 走势比较 (30%) (20%) (10%) 0% 10% 20% 24/4/15 24/6/26 24/9/6 24/11/17 25/1/28 25/4/10 ◼ 股票数据 | 总股本/流通(亿股) | 13.36/13.36 | | --- | --- | | 总市值/流通(亿元) | 183.64/183.64 | | 12 个月内最高/最低价 | 18.04/11.94 | | (元) | | 相关研究报告 <<24H1 主营业务盈利改善，持续聚焦 新材料>>--2024-08-08 <<产品价格下滑致业绩承压，持续聚 焦新材料>>--2024-04-01 <<重点项目稳步推进，专注于高端新 材料的"绿色工厂">>--2023-05-04 证券分析师：王亮 E-MAIL：wangl@tpyzq.com 分析师登记编号：S1190522120001 证券分析师：王海涛 E-MAIL：wanght@tpyzq.com 分析师登记编号：S1190 ...

4月14日，联泓新科今日收盘14.17元，上涨3.05%，滚动市盈率PE（当前股价与前四季度每股收益总和 的比值）达到80.72倍，总市值189.25亿元。 从行业市盈率排名来看，公司所处的化学制品行业市盈率平均50.85倍，行业中值36.13倍，联泓新科排 名第142位。 最新一期业绩显示，2024年年报，公司实现营业收入62.68亿元，同比-7.52%；净利润2.34亿元，同 比-47.45%，销售毛利率16.50%。 序号股票简称PE(TTM)PE(静)市净率总市值(元)142联泓新科80.7280.722.61189.25亿行业平均 50.8555.792.8975.92亿行业中值36.1336.112.1738.20亿1宏柏新材-5337.7253.461.7934.73亿2北化股 份-2013.8198.111.9454.46亿3安诺其-1328.04-1328.042.4863.03亿4锦鸡股份-702.63205.591.9232.58亿5渝 三峡A-591.60-62.151.7321.64亿6富淼科技-350.35-350.351.2216.31亿7凯美特气-158.95-270.693. ...

Investment Rating - The investment rating for the company is "Accumulate" [2][5] - The previous rating was also "Accumulate" [2] Core Views - The company's net profit attributable to shareholders decreased by 47.45% year-on-year in 2024, with revenue dropping by 7.52% [10] - The price increase of EVA particles is expected to boost the company's performance, and new production facilities coming online in 2025 will provide additional momentum [5][10] - The company maintains an "Accumulate" rating due to anticipated profit improvements from new capacity and product launches [7] Financial Summary - The company reported a total revenue of RMB 6,268 million in 2024, down from RMB 6,778 million in 2023, reflecting a decline of 7.52% [11] - The net profit attributable to shareholders for 2024 was RMB 234 million, a decrease of 47.45% compared to RMB 446 million in 2023 [11] - The projected earnings per share (EPS) for 2025 is RMB 0.24, down from the previous estimate of RMB 0.37, with a corresponding price-to-earnings (P/E) ratio of 56.7 [7][9] - The company expects to achieve a revenue of RMB 6,679 million in 2025, with a growth rate of 6.6% [9] Production and Capacity Expansion - In 2025, the company plans to launch multiple new production facilities, including 200,000 tons of EVA particles and 100,000 tons/year of POE particles [10] - The company has successfully developed new materials for solid-state batteries and is progressing with the production of silicon-carbon anode binders [10] Market Performance - The company's stock has shown a relative performance of 7.2% against the Shenzhen Composite Index year-to-date [3] - The market capitalization of the company is approximately RMB 18,030.17 million [4]

点评 [Table_Title] 证券研究报告 / 公司点评报告 丰富光伏材料布局，新产品落地进入放量期 [Table_Summary] 事件：据公司 2024 年年报，2024 年公司实现营收 62.68 亿元，同比下降 7.5%，归母净利润 2.34 亿元，同比下降 47.5%，扣非归母净利润 1.85 亿 元，同比增加 2.0%；2024 年 Q4 公司实现营收 13.01 亿元，同比下降 29.35%，归母净利润 0.56 亿元，同比+34.4%，扣非归母净利润 0.35 亿 元，同比下降 37.3%。 请务必阅读正文后的声明及说明 | [Table_Market] 股票数据 | 2025/04/08 | | --- | --- | | 6 个月目标价（元） | / | | 收盘价（元） | 13.50 | | 12 个月股价区间（元） | 12.01~17.79 | | 总市值（百万元） | 18,030.17 | | 总股本（百万股） | 1,336 | | A 股（百万股） | 1,336 | | B 股/H 股（百万股） | 0/0 | | 日均成交量（百万股） | 10 | 巩固 EVA 产 ...

Company Overview - Lianhong New Materials Technology Co., Ltd. specializes in the research, production, and sales of advanced polymer materials and specialty fine materials [2] - The main products include EVA, VA, UHMWPE, PLA, electronic specialty gases, PP, EO, EOD, and EC [2] Financial Performance - For the fiscal year 2024, the company reported a revenue of 6.268 billion yuan, a year-on-year decrease of 7.52% [2] - The net profit was 234 million yuan, reflecting a significant decline of 47.45% compared to the previous year [2] - The sales gross margin stood at 16.50% [2] Market Position - As of April 7, the company's stock closed at 13.48 yuan, down 10.01%, with a rolling price-to-earnings (PE) ratio of 76.79 times [1] - The total market capitalization is 18.003 billion yuan [1] - In comparison to the chemical products industry, which has an average PE of 40.92 times and a median of 32.94 times, Lianhong ranks 143rd [1][3] Shareholder Information - As of February 28, 2025, the number of shareholders increased to 61,191, up by 1,928 from the previous count [1] - The average market value of shares held per shareholder is 352,800 yuan, with an average holding of 27,600 shares [1] Industry Recognition - The company has received multiple accolades, including being listed in the "2024 China Brand Value Evaluation Information List" and the "2024 Top 100 New Materials Companies in China" [2] - It has also been recognized for its excellence in information disclosure and investor relations [2]

Investment Rating - The report maintains a "Buy" investment rating for the company [1] Core Views - The company's EVA business is currently under pressure due to the photovoltaic market, but there is potential for recovery as the market improves [5] - The new materials platform is expected to grow significantly, with various projects set to come online in the near future [6] - The company is positioned to enhance its competitive advantage by diversifying its product offerings in the photovoltaic sector [5][6] Summary by Sections Financial Performance - In 2024, the company reported revenue of 6.268 billion yuan, a year-on-year decrease of 7.52%, and a net profit of 234 million yuan, down 47.45% year-on-year [4][10] - The EVA product revenue was 1.458 billion yuan, a decline of 27.95% year-on-year, with a gross margin of 30.12%, down 10.83 percentage points [5] Capacity Expansion - The company has an existing EVA capacity of over 150,000 tons per year and is constructing a new 200,000 tons per year EVA facility, expected to be operational in 2025 [5] - The company has also launched a 90,000 tons per year VA facility, which began production in January 2024, allowing for self-supply of raw materials [5] New Material Projects - The company has initiated several projects, including a 20,000 tons per year UHMWPE facility and a 100,000 tons per year lithium carbonate solvent project, both of which are expected to enhance product offerings and market position [6] - The biodegradable materials segment includes PLA and PPC, with the PLA project expected to produce qualified products by August 2024 [6] Earnings Forecast - Revenue projections for 2025, 2026, and 2027 are 68.53 billion yuan, 78.46 billion yuan, and 86.27 billion yuan, respectively, with corresponding EPS of 0.27 yuan, 0.47 yuan, and 0.57 yuan [8][10] - The current stock price corresponds to a PE ratio of 56.6 for 2025, 32.4 for 2026, and 26.7 for 2027, indicating potential for earnings recovery as the photovoltaic market stabilizes [8]

Investment Rating - The investment rating for the company is "Outperform the Market" and is maintained [2]. Core Views - The company achieved total operating revenue of 6.268 billion yuan in 2024, a year-on-year decrease of 7.52%, and a net profit attributable to the parent company of 234 million yuan, down 47.45% year-on-year [8]. - The company is consolidating its competitive advantage in EVA products and actively expanding into POE and UHMWPE businesses. Current EVA production capacity exceeds 150,000 tons/year, with a new 200,000 tons/year EVA facility under construction, expected to be operational in 2025 [8]. - The company is also developing biodegradable materials, with a PPC project expected to be operational in 2025, and has launched a 20,000 tons/year UHMWPE facility in March 2024 [8]. - The company has made strategic investments in semiconductor packaging materials, enhancing its position in the electronic materials sector [8]. - Profit forecasts for the company indicate net profits of 397 million yuan, 442 million yuan, and 625 million yuan for 2025, 2026, and 2027 respectively, with corresponding EPS of 0.30 yuan, 0.33 yuan, and 0.47 yuan [8]. Financial Data and Forecast - The company's financial projections show a revenue of 6.775 billion yuan in 2025, with a year-on-year growth of 8.1% [7]. - The gross profit margin is expected to improve to 18.1% in 2025, with a net asset return rate of 5.3% [7]. - The company’s total assets are projected to reach 21.714 billion yuan by 2025, with a debt ratio of 62.4% [10].