湖北回天新材料股份有限公司 第九届董事会第二十五次会议决议公告 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 湖北回天新材料股份有限公司（以下简称"公司"）第九届董事会第二十五 次会议于 2024 年 10 月 28 日在公司会议室以现场和通讯相结合的方式召开，会 议通知于 2024 年 10 月 25 日以专人及邮件方式送达，应参加本次会议的董事 9 人，实际参加本次会议的董事 9 人，会议由董事长章力先生主持，公司全体监事 和部分高管列席会议。本次会议的召集、召开和表决程序符合《公司法》等相关 法律法规、部门规章、规范性文件和《公司章程》的规定。 二、董事会会议审议情况 | 证券代码：300041 | 证券简称：回天新材 公告编号：2024-62 | | --- | --- | | 债券代码：123165 | 债券简称：回天转债 | 表决结果：同意 9 票，反对 0 票，弃权 0 票。 （二）审议通过了《关于参与投资设立产业投资基金的议案》 公司拟参与投资设立君安回天（杭州）股权投资基金合伙企业（有限合伙） （以下简称"产业基金" ...

证券代码：300041 证券简称：回天新材 公告编号：2024-63 债券代码：123165 债券简称：回天转债 湖北回天新材料股份有限公司 第九届监事会第二十次会议决议公告 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。 表决结果：同意 3 票 ，反对 0 票，弃权 0 票。 一、监事会会议召开情况 湖北回天新材料股份有限公司（以下简称"公司"）第九届监事会第二十次 会议于 2024 年 10 月 28 日在公司会议室以现场会议和通讯相结合方式召开，会 议通知于 2024 年 10 月 25 日以专人及邮件方式送达全体监事，应出席本次会议 的监事 3 人，实际出席本次会议的监事 3 人，会议由监事会主席程建超先生主 持。会议的召集、召开和表决程序符合《公司法》等相关法律法规、部门规章、 规范性文件和《公司章程》的规定。 二、监事会会议审议情况 经出席会议的全体监事认真审议，通过了以下决议： （一）审议通过了《关于公司 2024 年第三季度报告的议案》 经审核，监事会认为董事会编制和审核公司 2024 年第三季度报告的程序符 合法律、行政法规和中国证监会的规定 ...

| 证券代码：300041 | 证券简称：回天新材 公告编号：2024-61 | | --- | --- | | 债券代码：123165 | 债券简称：回天转债 | 债券代码：123165 债券简称：回天转债 湖北回天新材料股份有限公司 关于回天转债 2024 年付息的公告 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、"回天转债"（债券代码：123165）将于 2024 年 10 月 28 日按面值支付第 二年利息，每 10 张"回天转债"（面值 1,000.00 元）利息为 5.00 元（含税）。 2、债权登记日：2024 年 10 月 25 日（星期五） 3、除息日：2024 年 10 月 28 日（星期一） 4、付息日：2024 年 10 月 28 日（星期一） 5、本次付息期间及票面利率：计息期间为 2023 年 10 月 27 日至 2024 年 10 月 26 日，票面利率为 0.50%。 6、"回天转债"本次付息的债权登记日为 2024 年 10 月 25 日，凡在 2024 年 10 月 25 日（含）前买入并持有本期债券的 ...

| 证券代码：300041 | 证券简称：回天新材 | 公告编号：2024-60 | | --- | --- | --- | | 债券代码：123165 | 债券简称：回天转债 | | 湖北回天新材料股份有限公司 关于 2024 年第三季度可转债转股结果暨股份变动公告 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： 根据《湖北回天新材料股份有限公司向不特定对象发行可转换公司债券募 集说明书》（以下简称"《募集说明书》"）的相关约定，公司本次发行的可转 换公司债券转股期自2023年5月2日至2028年10月26日（2023年5月2日为法定节 假日，根据《募集说明书》约定，转股起始日顺延至下一个交易日，即为2023年 5月4日），初始转股价格为人民币20.21元/股。 2023年5月15日，公司披露了《关于调整"回天转债"转股价格的公告》（公 告编号：2023-46），因公司实施2022年度权益分派，向全体股东每10股派发现 金红利1.50元（含税），并以资本公积金向全体股东每10股转增3股，除权除息 日为2023年5月22日。根据《募集说明书》等有关 ...

| 证券代码：300041 | 证券简称：回天新材 公告编号：2024-59 | | --- | --- | | 债券代码：123165 | 债券简称：回天转债 | 湖北回天新材料股份有限公司 关于为子公司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。 一、担保情况概述 （一）已经审批的年度担保额度 湖北回天新材料股份有限公司（以下简称"公司"）于 2024 年 4 月 15 日召 开的第九届董事会第二十次会议及 2024 年 5 月 10 日召开的 2023 年年度股东大 会审议通过了《关于 2024 年度公司（含子公司）融资规模和为子公司担保额度 的议案》，为了满足公司及子公司经营发展的需要，同意公司及纳入公司合并报 表范围的子公司 2024 年拟向银行等金融机构申请不超过人民币 25 亿元（含 25 亿元）融资额度，公司为部分全资/控股子公司及前述子公司之间向银行等金融 机构申请贷款、保函、银行承兑汇票、商业承兑汇票、信用证等融资事项提供不 超过人民币 20 亿元（含 20 亿元）的担保。上述融资及担保额度授权的有效期自 2023 年 ...

| 证券代码：300041 | 证券简称：回天新材 | 公告编号：2024-58 | | --- | --- | --- | | 债券代码：123165 | 债券简称：回天转债 | | 湖北回天新材料股份有限公司 关于第二期员工持股计划股票出售完毕的公告 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。 湖北回天新材料股份有限公司（以下简称"公司"）第二期员工持股计划（以 下简称"本员工持股计划"）所持有的公司股票已全部出售完毕，根据《关于上市 公司实施员工持股计划试点的指导意见》《深圳证券交易所上市公司自律监管指引 第 2 号－创业板上市公司规范运作》及公司《第二期员工持股计划（草案）》等相 关规定，现将有关情况公告如下： 1、公司分别于 2020 年 8 月 21 日、2020 年 9 月 8 日召开第八届董事会第十三 次会议、2020 年第二次临时股东大会，审议通过了《关于<公司第二期员工持股计 划（草案）>及其摘要的议案》《关于<公司第二期员工持股计划管理办法>的议案》 以及《关于提请股东大会授权董事会办理公司第二期员工持股计划相关事宜的议 案》，同意公 ...

Investment Rating - The report maintains a "Buy" rating for the company [3]. Core Views - The company's revenue for H1 2024 was CNY 2.013 billion, a year-on-year decrease of 3.26%, while the net profit attributable to shareholders was CNY 137 million, down 38.76% year-on-year. In Q2 2024, revenue increased by 4.02% year-on-year to CNY 1.043 billion, but net profit decreased by 44.41% year-on-year to CNY 57 million [1]. - The decline in performance is attributed to a decrease in product prices in the photovoltaic industry. The main products, including silicone rubber and polyurethane adhesives, saw revenue changes of -4.14%, +10.11%, and -38.70% respectively, with corresponding gross margins also declining [1]. - The company has seen a 31.53% year-on-year increase in adhesive product sales volume, with significant growth in the photovoltaic and consumer electronics sectors [1]. Summary by Sections Financial Performance - H1 2024 revenue: CNY 2.013 billion, down 3.26% YoY - H1 2024 net profit: CNY 137 million, down 38.76% YoY - Q2 2024 revenue: CNY 1.043 billion, up 4.02% YoY, net profit: CNY 57 million, down 44.41% YoY [1]. Product Performance - Main products revenue: silicone rubber (CNY 1.036 billion, -4.14% YoY), polyurethane adhesives (CNY 416 million, +10.11% YoY), non-adhesive products (CNY 287 million, -38.70% YoY) [1]. - Gross margins: silicone rubber (17.73%, -8.86 pct), polyurethane adhesives (20.83%, -4.58 pct), non-adhesive products (11.31%, -9.26 pct) [1]. Market Position and Strategy - The company is optimizing its domestic and international production capacity, with new bases in Xiangyang and Guangzhou, and is expanding its overseas production in Vietnam [1]. - The company maintains a strong market share in the photovoltaic sector, with over 20% growth in silicone sales, and significant growth in consumer electronics and automotive sectors [1]. Profit Forecast and Valuation - The profit forecast for 2024-2026 has been revised downwards, with expected net profits of CNY 258 million (down 26.9%), CNY 309 million (down 24.0%), and CNY 351 million (down 29.9%) respectively [1]. - Despite the challenges, the company is expected to benefit from strong downstream demand in the photovoltaic and lithium battery sectors, maintaining a positive outlook [1].

Financial Performance - The company reported a significant increase in revenue for the first half of 2024, with total revenue reaching RMB 500 million, representing a year-on-year growth of 25%[7]. - The company's operating revenue for the reporting period was ¥2,013,071,766.73, a decrease of 3.26% compared to the same period last year[14]. - The net profit attributable to shareholders was ¥136,798,322.33, reflecting a decline of 38.76% year-over-year[14]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥94,456,129.75, down 55.25% from the previous year[14]. - The basic earnings per share decreased by 40.48% to ¥0.2456, while diluted earnings per share fell by 42.49% to ¥0.2298[14]. - The company reported a total of ¥42,342,192.58 in non-recurring gains and losses for the period[17]. - The company reported a net profit distribution of CNY -53,972,168.00, indicating a significant reduction in retained earnings[151]. - The total comprehensive income for the first half of 2024 was CNY 134,438,437.99, down from CNY 223,185,323.44 in the same period of 2023[142]. Market Expansion and Product Development - User data showed an increase in active customers, with the number rising to 1.2 million, a growth of 20% compared to the previous year[7]. - The company plans to launch two new products in Q4 2024, which are expected to contribute an additional RMB 100 million in revenue[7]. - The company is expanding its market presence in Southeast Asia, with plans to establish a new distribution center in Vietnam by the end of 2024[7]. - The company has expanded its product offerings to include automotive maintenance chemicals, leveraging existing sales channels in the automotive industry[19]. - The company aims to enhance its market presence through continuous innovation and adaptation to industry trends[19]. - The company is actively involved in the development of new technologies and products to meet the growing demands of various industries[19]. Research and Development - Research and development expenses increased by 30% to RMB 50 million, focusing on new adhesive technologies and sustainable materials[7]. - The average R&D expense ratio over the past three years is 4.65%, with 201 authorized patents, including 157 invention patents[30]. - The company has built a high-quality technical research and development team, consisting of 20 industry experts and over 100 master's degree holders[35]. - The company has dedicated R&D teams for various adhesive types, enhancing the efficiency of product development and market application[22]. Financial Position and Cash Flow - The net cash flow from operating activities was -¥40,344,564.95, a significant decrease of 138.49% compared to the same period last year[14]. - The net cash flow from investing activities improved by 48.07% to -321,506,166.26 CNY, mainly due to an increase in matured financial products and a decrease in cash payments for fixed asset construction[42]. - The net cash flow from financing activities increased by 288.83% to 162,726,301.12 CNY, primarily due to an increase in cash received from borrowings[42]. - The company reported a significant increase in accounts receivable, which rose to 1,146,248,672.61 CNY, accounting for 17.72% of total assets[45]. - The cash and cash equivalents decreased by 5.28% to 529,541,563.81 CNY, attributed to cash used for financial investments and stock repurchases[45]. Risks and Challenges - Risks identified include macroeconomic fluctuations and raw material price volatility, which could impact future performance[3]. - The company faces risks from macroeconomic fluctuations and changes in downstream industry cycles, which could adversely affect product market demand and operational performance[66]. - Financial risks include potential increases in accounts receivable and inventory, which could pressure cash flow and working capital management[70]. - The adhesive industry remains highly competitive, with many domestic producers and multinational companies posing significant market competition risks[68]. Environmental and Social Responsibility - The company strictly adheres to environmental protection laws and standards, including the "Comprehensive Wastewater Discharge Standards" and "Air Pollutants Comprehensive Discharge Standards" during its operations[83]. - The company has implemented various environmental protection measures to ensure compliance with national and industry standards[83]. - The company achieved a cost savings of over 3 million yuan in energy conservation and consumption reduction projects during the first half of 2024[87]. - The company donated CNY 25,000 to support a community integration project for autistic children in Shanghai's Songjiang District[90]. Shareholder Engagement and Corporate Governance - The company plans not to distribute cash dividends or bonus shares for the half-year period[77]. - The company engaged with approximately 40 institutional investors during a conference call on April 16, 2024, discussing the 2023 operational performance[71]. - The company’s leadership actively engaged in discussions about the company's future strategies and operational performance during investor interactions[71]. - The company has revised six corporate governance documents to enhance compliance and governance standards[89]. Strategic Partnerships and Acquisitions - The company is exploring potential acquisition opportunities to enhance its product portfolio and market reach[7]. - The company completed the acquisition of 51% of Hualan Technology, initiating technical upgrades to enhance lithium battery negative electrode glue production capacity[41]. - The company has established strategic partnerships with multiple raw material suppliers to ensure stable supply and reduce procurement costs[21]. Financial Instruments and Accounting Policies - The company classifies financial assets at initial recognition into three categories: amortized cost, fair value through other comprehensive income, and fair value through profit or loss[182]. - The company recognizes financial liabilities when the transfer of financial assets does not meet derecognition criteria, treating received consideration as a financial liability[185]. - The expected credit loss for financial assets is calculated based on historical data, current conditions, and future economic forecasts, with a probability-weighted amount for cash flow differences[187].

湖北回天新材料股份有限公司 2024 年半年度非经营性资金占用及其他关联资金往来情况汇总表 单位：万元 | | | 占用方与上 | 上市公司核算 | 2024 年期初 | 2024年1-6月占用 | 2024 年 1-6 月 | 2024 | 年 1-6 月 | 2024 年 6 | 月 | 占用形成 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 非经营性资金占用 | 资金占用方名称 | 市公司的关 | 的会计科目 | 占用资金余 | 累计发生金额（不 | 占用资金的利 | | 偿还累计发生 | 末占用资金 | | 原因 | 占用性质 | | | | 联关系 | | 额 | 含利息） | 息（如有） | | 金额 | 余额 | | | | | 控股股东、实际控制人及其 | | | | | | | | | | | | | | 附属企业 | | | | | | | | | | | | | | 小计 | | | | | | | | | | | | | | 前控股股东、实际控制人及 | | | ...

| 证券代码：300041 | 证券简称：回天新材 公告编号：2024-57 | | --- | --- | | 债券代码：123165 | 债券简称：回天转债 | 湖北回天新材料股份有限公司 2024 年半年度募集资金存放与使用情况的专项报告 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。 根据中国证券监督管理委员会《上市公司监管指引第 2 号——上市公司募集 资金管理和使用的监管要求（2022 年修订）》（证监会公告〔2022〕15 号）、 《深圳证券交易所上市公司自律监管指引第 2 号——创业板上市公司规范运作》 以及《深圳证券交易所创业板上市公司自律监管指南第 2 号——公告格式》的相 关规定，公司董事会就 2024 年半年度募集资金存放与使用情况作如下专项报告： （一）实际募集资金金额、资金到位情况 经中国证券监督管理委员会《关于同意湖北回天新材料股份有限公司向不特 定对象发行可转换公司债券注册的批复》（证监许可[2022]2020 号），核准公司 公开发行可转换公司债券 8,500,000.00 张，每张面值为人民币 100.00 元，按面 值发行 ...