| 证券代码：300121 | 证券简称：阳谷华泰 | 公告编号：2024-039 | | --- | --- | --- | | 债券代码：123211 | 债券简称：阳谷转债 | | 山 东阳谷华泰化工股份有限公司 关 于使用部分闲置募集资金及自有资金进行现金管理的 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。 山东阳谷华泰化工股份有限公司（以下简称"公司"）于 2023 年 8 月 21 日召 开公司第五届董事会第十八次会议及第五届监事会第十四次会议，审议通过了《关 于使用部分闲置募集资金及自有资金进行现金管理的议案》，同意公司及下属子公 司使用不超过人民币 65,000 万元（含本数）的暂时闲置募集资金及不超过 20,000 万 元（含本数）的自有资金进行现金管理，其中，暂时闲置募集资金包括继续使用 2022 年度向特定对象发行股票的募集资金不超过人民币 10,000 万元（包含本数），及使 用向不特定对象发行可转换公司债券的募集资金不超过人民币 55,000 万元（包含本 数）。上述资金用于购买由金融机构发行的投资期限不超过 12 个月 ...

| 证券代码：300121 | 证券简称：阳谷华泰 | 公告编号：2024-036 | | --- | --- | --- | | 债券代码：123211 | 债券简称：阳谷转债 | | 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。 重要内容提示： 1、"阳谷转债"（债券代码：123211）转股期限为 2024 年 2 月 2 日至 2029 年 7 月 26 日，最新转股价格为 9.87 元/股。 2、2024 年第一季度，共有 60 张"阳谷转债"完成转股（票面金额共计 6,000 元 人民币），合计转为 606 股"阳谷华泰"股票（股票代码：300121）。 3、截止 2024 年第一季度末，公司剩余可转换公司债券为 6,499,940 张，剩余票 面总金额为人民币 649,994,000 元。 根据《深圳证券交易所创业板股票上市规则》和《深圳证券交易所上市公司自律 监管指引第 15 号——可转换公司债券》的有关规定，山东阳谷华泰化工股份有限公 司（以下简称"公司"）现将 2024 年第一季度可转换公司债券（以下简称"可转债"） 转股及公司总股本变化情 ...

山东阳谷华泰化工股份有限公司 关于回购股份进展的公告 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。 山东阳谷华泰化工股份有限公司（以下简称"公司"）于 2023 年 11 月 16 日召 开的第五届董事会第二十三次会议及第五届监事会第十九次会议审议通过了《关于 回购股份方案的议案》，公司拟使用自有资金以集中竞价交易方式回购部分公司股 票。本次回购的股份将用于员工持股计划或股权激励，本次回购股份的价格为不超 过人民币 14 元/股（含），回购资金总额不低于人民币 5,000 万元（含）且不超过人 民币 10,000 万元（含），回购的实施期限为自公司董事会审议通过本次回购股份方 案之日起 12 个月内，具体回购股份的数量以回购结束时实际回购的股份数量为准。 具体内容详见公司于 2023 年 11 月 17 日披露于巨潮资讯网的《第五届董事会第二 十三次会议决议公告》（公告编号：2023-107）、《第五届监事会第十九次会议决议 公告》（公告编号：2023-108）及《关于回购股份方案的公告》（公告编号：2023-109）。 | 证券代码：300121 | 证券 ...

证 券 研 究 报 告 —— Q4 受费用计提及销量下滑影响，业绩低于预期，在 建工程丰富驱动未来成长 | --- | --- | |----------------------------------|-------------------------------| | | | | 基础数据 : | 2023 年 12 月 31 日 | | 每股净资产（元） | 7.84 | | 资产负债率 % | 27.38 | | 总股本 / 流通 A 股（百万） | 409/394 | | 流通 B 股/H 股（百万） | -/- | 《阳谷华泰（300121）点评：Q3 原料成本 提升，叠加产品提价滞后，盈利环比受损》 2023/10/24 《阳谷华泰（300121）点评：Q2 助剂销量 回升，产品盈利企稳，业绩符合预期》 2023/09/05 报告原因：有业绩公布需要点评 增持（下调）投资要点： 公司公告：依据公司公告， 2023 年公司实现收入 34.55 亿元（YoY-1.78%），实现归母净利 润 3.04 亿元（YoY-41%），实现扣非归母净利润约 2.96 亿元（YoY-41.4%）；其中 23Q4 ...

[Table_MainInfo] 公司研究/化工/基础化工材料制品 证券研究报告 阳谷华泰（300121）公司年报点评 2024 年 03 月 25 日 [Table_InvestInfo] 投资评级 优于大市 维持 | --- | --- | |------------------------------------------------------|----------------| | 股票数据 | | | 03 [ Table_StockInfo 月 22 日收盘价（元） ] | 8.41 | | 52 周股价波动（元） | 6.60-11.74 | | 总股本 / 流通 A 股（百万股） | 409/394 | | 总市值 / 流通市值（百万元） | 3440/3317 | | 相关研究 | | | [Table_ReportInfo] 《 21 年实现归母净利润 2.84 | 亿元，同比增长 | | 125.73% ，看好产能投放带来的长期增长》 | | | 2022.03.21 | | [Table_QuoteInfo] -37.20% -29.20% -21.20% -13.20% -5.2 ...

9 5）行业产能大幅扩张的风险。 买入：相对沪深 300 指数涨幅 20%以上； 增持：相对沪深 300 指数涨幅介于 10%～20%之间； 中性：相对沪深 300 指数涨幅介于-10%～10%之间； 卖出：相对沪深 300 指数跌幅 10%以上。 | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |---------------------|-------|-------|-------|---------------------|-----------------------|-------|-------------------------|-------|-------|--------------------|-------|-------|-------------|-------| | 16 \n14 \n12 10 \n8 | | | | | 16 \n14 \n12 \n86 | | 60 \n50 \n40 \n30 \n 20 | | | 收盘价(元) - ...

Financial Performance - The company's operating revenue for 2023 was ¥3,454,612,301, a decrease of 1.78% compared to ¥3,517,195,750 in 2022[33]. - Net profit attributable to shareholders for 2023 was ¥304,302,191, representing a significant decline of 40.96% from ¥515,372,948 in 2022[33]. - The net cash flow from operating activities for 2023 was ¥322,484,617, a decrease of 3.74% compared to ¥335,023,950 in 2022[33]. - Basic earnings per share for 2023 were ¥0.75, down 44.03% from ¥1.34 in 2022[33]. - The company reported a weighted average return on net assets of 10.26% for 2023, down from 22.51% in 2022, a decrease of 12.25%[33]. - The company experienced a net profit of ¥295,916,284 after deducting non-recurring gains and losses, which is a decrease of 41.39% from ¥504,890,376 in 2022[33]. - The company achieved operating revenue of CNY 345,461.23 million in 2023, a decrease of 1.78% year-on-year, and a net profit of CNY 30,430.22 million, down 40.96% compared to the previous year[58]. - The company reported a total revenue of 19.38 billion in 2023, maintaining a stable performance compared to previous years[116]. Investment and R&D - The company plans to enhance its core rubber additive business by focusing on technological investments and optimizing production, environmental protection, and cost control[99]. - The company is developing lignin-based rubber additives to replace traditional chemical materials used in tires, while also expanding into fine chemical products[98]. - The company has established a national-level engineering technology research center, leading in the development of new varieties, technologies, and processes in the rubber additive industry[10]. - The company will continue to invest in marketing and technology research and development to enhance product competitiveness in a highly fragmented rubber additive market[5]. - The company acknowledges the risk of delayed conversion of R&D results into products, which is critical for maintaining competitive advantages in the technology-intensive rubber additive industry[9]. - The company has developed new rubber additives for electric vehicle tires, including silane coupling agents and peroxide crosslinking agents, which have been well received in the market[50]. - R&D investment in 2023 amounted to ¥95,995,562.93, representing 2.78% of operating revenue, a significant decrease from 4.49% in 2022[75]. Market Position and Strategy - The company recognizes the competitive risks in the rubber additive industry due to its low concentration and plans to maintain its market position through continuous investment in R&D and marketing[5]. - The company holds over 60% market share in the global production of anti-scorch agents (CTP), maintaining a leading position in the industry[50]. - The company is focused on expanding its international market presence, with specific strategies aimed at enhancing its marketing efforts abroad[116]. - The company plans to expand its market presence in Southeast Asia, targeting a 10% market share within the next two years[186]. - The company is committed to implementing fundraising investment projects to expand business and asset scale, despite potential market competition and management efficiency risks[12]. Safety and Environmental Compliance - The company has not experienced any major safety production accidents during the reporting period and will enhance employee training to further control safety production risks[8]. - The company is committed to safety and environmental protection, implementing a comprehensive safety management system and promoting a culture of safety among employees[101]. - The company has established comprehensive "three wastes" treatment facilities in accordance with various environmental standards to minimize negative ecological impacts[161]. - The company has implemented measures to ensure legal and compliant wastewater discharge, as evidenced by the successful approval of environmental impact reports for all construction projects[161]. - The company has maintained a 100% monitoring rate, compliance rate, and disclosure rate for environmental self-monitoring of wastewater, waste gas, noise, soil, and groundwater[169]. Corporate Governance and Management - The company has established a solid governance structure with independent directors and a diverse board, enhancing decision-making processes[118]. - The board of directors consists of independent directors who play a significant role in maintaining the interests of all shareholders, especially minority shareholders[107]. - The company has established a performance evaluation and incentive mechanism for directors and senior management, directly linking their compensation to the company's operating performance[109]. - The company has a policy for determining remuneration based on performance, capability, and responsibilities[124]. - The company has implemented a differentiated compensation policy to enhance competitiveness in employee remuneration, including bonuses and stock incentives[136]. Cash Dividends and Shareholder Returns - The company plans to distribute a cash dividend of 2.5 yuan (including tax) for every 10 shares, with no bonus shares issued, based on the total share capital as of the dividend distribution date[14]. - The cash dividend distribution plan aligns with the company's commitment to providing stable returns to shareholders while ensuring ongoing business development[144]. - The total distributable profit for the consolidated financial statements is 1,403,512,270.20 yuan as of December 31, 2023[143]. - The company has established a commitment to protect the legitimate rights and interests of minority shareholders through a sound dividend policy[188]. Future Outlook and Growth Plans - The company plans to achieve operating revenue of CNY 3.6 billion and a total profit of CNY 400 million in 2024, which does not constitute a performance commitment to investors[99]. - The company has provided a positive outlook for the next fiscal year, projecting a revenue growth of 25% based on market expansion strategies and new product launches[187]. - The company plans to construct and launch projects including a 10,000-ton adhesive and an annual production of 65,000 tons of high-performance rubber additives in 2024[101]. - A strategic acquisition of a smaller competitor is in progress, which is anticipated to enhance the company's production capacity by 30%[187]. Compliance and Regulatory Commitments - The company has committed to ensuring compliance with the latest regulations from the China Securities Regulatory Commission and Shenzhen Stock Exchange[192]. - The company has pledged to fulfill its obligations regarding compensation measures and will provide supplementary commitments if regulatory requirements change[192]. - The company has committed to not infringing upon the interests of the listed company and to exercise shareholder rights in accordance with relevant laws and regulations[190]. - The company has reiterated its commitment to maintaining the integrity of its operations and protecting the interests of all shareholders[193].

| 证券代码：300121 | 证券简称：阳谷华泰 | 公告编号：2024-019 | | --- | --- | --- | | 债券代码：123211 | 债券简称：阳谷转债 | | 山东阳谷华泰化工股份有限公司 关于为全资子公司提供担保的公告 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、担保情况概述 山东阳谷华泰化工股份有限公司（以下简称"公司"）于 2024 年 3 月 6 日召开 的第五届董事会第二十五次会议审议通过了《关于为全资子公司提供担保的议案》， 公司拟为全资子公司山东阳谷华泰进出口有限公司向金融机构申请的总额不超过 人民币 5,000 万元的综合授信额度提供连带责任保证担保，本次担保额度的有效期 自董事会审议通过之日起 12 个月。公司董事会同意授权公司管理层办理上述担保 事宜。 根据《深圳证券交易所创业板股票上市规则》《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》等相关法律法规，以及《公司章程》 《对外担保管理办法》的规定，本次担保事项为公司对合并报表范围内的全资子公 司提供担保，在公司董事会审批权限 ...

| 证券代码：300121 | 证券简称：阳谷华泰 公告编号：2024-016 | | --- | --- | | 债券代码：123211 | 债券简称：阳谷转债 | 山东阳谷华泰化工股份有限公司 第五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 山东阳谷华泰化工股份有限公司（以下简称"公司"）第五届董事会第二十 五次会议的会议通知已于 2024 年 2 月 29 日以专人及通讯方式送达全体董事，本 次会议于 2024 年 3 月 6 日在公司三楼会议室以现场与通讯表决相结合的方式召 开。应参加会议董事 7 名，亲自出席董事 7 名，其中独立董事 3 名，董事贺玉广、 赵凤保以通讯表决的方式出席会议。会议由公司董事长王文博先生主持，公司监 事、高级管理人员列席了会议，符合《中华人民共和国公司法》和《公司章程》 的规定。 二、董事会会议审议情况 会议以记名投票表决方式，审议并通过了如下议案： 1、审议通过《关于使用部分闲置募集资金暂时补充流动资金的议案》 为满足公司日常经营资金需求，提高公司募集资金使用效 ...

中泰证券股份有限公司 关于山东阳谷华泰化工股份有限公司使用部分闲置募集 资金暂时补充流动资金的核查意见 中泰证券股份有限公司（以下简称"保荐机构"或"本保荐人"）作为山东 阳谷华泰化工股份有限公司（以下简称"阳谷华泰"或"公司"）持续督导的保 荐机构，根据《证券发行上市保荐业务管理办法》《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》《深圳证券交易所创业板股票上市 规则》和《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》等法律法规及规范性文件的要求，对阳谷华泰本次使用部分闲置募集资 金暂时补充流动资金事项进行了审慎核查，具体情况如下： 上述募集资金到账后，公司及全资子公司山东特硅新材料有限公司（以下简 称"特硅新材料"）对募集资金的存放和使用进行专户管理，并与专户银行、保 荐机构签订了募集资金三方或四方监管协议。 二、募集资金投资项目情况 《山东阳谷华泰化工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》披露的募集资金项目及募集资金使用计划如下： 单位：万元 | 序号 | 项目名称 | | 项目总投 | 募集资金拟投 | | --- | --- | ...