Revenue Breakdown - In 2024, the revenue from functional footwear materials and sofa home furnishings is expected to account for approximately 70% of total revenue, while emerging categories like automotive interiors and electronic products will contribute around 20%, and nurturing categories such as sports equipment and engineering decoration will make up about 10% [1][2]. Growth Drivers - The company upgraded to a strategic partner of Nike in January 2025, which is anticipated to drive significant growth [2]. - Collaboration with Adidas is in the preparatory phase, aiming for improved sales in 2025 [2]. - Strengthening interactions with domestic sports brands like Anta, Li Ning, and others to enhance market share in TPU and leather materials [2]. - Development and promotion of new products like TPU to cover more domestic and international brand clients [2]. - Engaging with brands such as UA, NB, HOKA, and others to cultivate new growth opportunities [2]. Market Trends - The sofa home furnishings category is expected to stabilize and potentially grow in 2025, despite a decline in some domestic clients due to the real estate downturn [3]. - The electronic products category has a strong first-mover advantage, with key clients including Apple, Samsung, and Google, contributing positively to the company's performance [4]. Automotive Interior Market - The automotive interior market is a key focus area, with applications in brands like BYD, Toyota, and others, indicating a significant market opportunity [4]. - The single vehicle value varies between 2-15 meters of polyurethane synthetic leather and composite materials, depending on the brand and model [4]. Challenges in Automotive Supply Chain - Entering the automotive supply chain presents high barriers, including stringent certification processes that can take 1-2 years [5]. - The automotive sector has high performance requirements for interior materials, especially with the rise of electric vehicles [5]. Profit Margin Dynamics - The company's profit margins fluctuate based on diverse customer demands and product types, with high-value products contributing to better margins [6]. - The pricing strategy is flexible and considers various factors, including customer needs and market competition [6]. Competitive Advantages - The company focuses on developing new technologies and processes, aiming for high-end product innovation [6]. - Advanced manufacturing capabilities position the company as a leader in the industry, ensuring stable supply and competitive pricing power [6]. - The company has a first-mover advantage in emerging categories like automotive interiors and electronic products, supported by high-quality offerings [6].

关于公司及控股子公司金寨路厂区土地房产收储的进展公告 本公司及董事会全体成员保证信息披露内容真实、准确、完整，没有虚假记载、 误导性陈述或重大遗漏。 一、交易概述 安徽安利材料科技股份有限公司（以下简称"公司""安利股份"）及控股子公司 合肥安利聚氨酯新材料有限公司（以下简称"控股子公司""安利新材料"），于 2021 年 10 月 8 日收到肥西县土地收购储备中心签署生效的《国有建设用地使用权收购合同》 （肥土储收〔2021〕第 6 号）。肥西县土地收购储备中心对位于肥西县金寨路与石门路 交口的公司及控股子公司金寨路厂区土地、房产、资产等进行收储。公司及控股子公司 将获得收储及搬迁补偿奖励金额合计为 20,508.096 万元。 证券代码：300218 证券简称：安利股份 公告编号：2025-003 2021 年 11 月，公司及控股子公司收到肥西县土地收购储备中心拨付的第一期收储 及搬迁补偿奖励，共计人民币 5,000.00 万元，占收储及搬迁补偿奖励总金额约 24.38%。 安徽安利材料科技股份有限公司 2022 年 9 月, 公司及控股子公司收到肥西县土地收购储备中心拨付的第二期收储 及搬迁补偿奖励， ...

Investment Rating - The report maintains a "Buy" rating for the company, with a target price yet to be specified [5]. Core Insights - The company is expected to achieve a net profit attributable to shareholders of 1.9 to 2 billion yuan in 2024, representing a year-on-year increase of 168-182%. The non-recurring net profit is also projected to be in the same range, with a growth of 157-170% [1]. - The company has become a strategic partner of Nike, which will provide it with priority support in terms of resources and development opportunities starting January 1, 2025 [2]. - The company has seen significant growth in its main products, with a 10.9% increase in sales volume and a 20.2% increase in sales revenue year-on-year [1]. Summary by Sections Financial Performance - The company forecasts a net profit of 1.9 billion yuan for 2024, with an expected EPS of 0.88 yuan. The projected net profits for 2025 and 2026 are 2.6 billion yuan and 3.2 billion yuan, respectively [5][11]. - The company reported a significant increase in sales revenue from 2 billion yuan in 2023 to an estimated 2.62 billion yuan in 2024, reflecting a growth rate of 30.99% [11]. Market Position and Growth Drivers - The company is a leading player in the global polyurethane composite materials industry, with automotive interior products being a key growth area. It has established partnerships with major automotive brands such as Toyota and BYD [3]. - The company is expanding its production capacity in Vietnam, with plans to add 12 million meters of ecological functional polyurethane synthetic leather and composite materials annually once all production lines are operational [4]. Research and Development - The company has invested approximately 138 million yuan in R&D, which accounts for about 5.7% of its revenue, indicating a strong commitment to innovation and long-term growth [1].

Investment Rating - The report maintains a "Recommended" rating for the company [6]. Core Views - The company is expected to achieve a net profit attributable to shareholders of 1.90-2.00 billion yuan in 2024, representing a year-on-year growth of 168.27% to 182.39% [1]. - The company's main products have seen significant growth in both volume and price, with a projected sales volume increase of approximately 10.9% and sales revenue growth of about 20.2% in 2024 [2]. - The automotive interior business is anticipated to experience "low base, high growth" due to the company's expanding market share and partnerships with major automotive brands [2]. - The company's Vietnam operations are expected to improve as it has recently passed supplier certifications from major clients, leading to increased production and sales [3]. - The company is projected to achieve net profits of 1.95 billion, 2.72 billion, and 3.28 billion yuan from 2024 to 2026, with corresponding EPS of 0.90, 1.25, and 1.51 yuan [4]. Summary by Sections Financial Performance - The company forecasts a total revenue of 2,460 million yuan in 2024, a 23% increase from 2023, with net profit expected to rise to 195 million yuan, marking a 174.6% increase [5]. - The projected revenue for 2025 and 2026 is 2,969 million yuan and 3,477 million yuan, respectively, with net profits of 272 million yuan and 328 million yuan [5][9]. Product and Market Development - The company has increased its R&D investment to approximately 138 million yuan in 2024, a year-on-year growth of about 9.15%, indicating strong future growth potential [2]. - The product mix is improving, with a higher proportion of high-tech, high-value-added products such as water-based and solvent-free materials [2]. Operational Expansion - The Vietnam facility is ramping up production, with two production lines operational since late 2022, and is expected to reach breakeven in 2024 as it secures more orders from major clients [3].

Financial Performance - The net profit attributable to shareholders for 2024 is expected to be between 19,000 and 20,000 million CNY, representing a year-on-year increase of 168.27% to 182.39% compared to 7,082.38 million CNY in the previous year[3]. - The net profit after deducting non-recurring gains and losses is also projected to be between 19,000 and 20,000 million CNY, reflecting a growth of 156.55% to 170.05% from 7,406.06 million CNY in the same period last year[3]. - The company anticipates non-recurring gains and losses for 2024 to be around 1.7 million CNY[7]. Sales and Revenue - The company's main product sales volume increased by approximately 10.9%, while sales revenue grew by about 20.2% and sales price rose by around 8.4% during the reporting period[5]. - The company has expanded the sales of high-tech, high-value-added products such as water-based, solvent-free, and recycled products, leading to an increase in their proportion of total sales[6]. Research and Development - Research and development investment for the year is approximately 138 million CNY, an increase of about 11.54 million CNY, or 9.15%, accounting for about 5.73% of operating revenue[6]. Strategic Focus - The company aims to strengthen its brand and innovation-driven strategies to enhance its competitive position in the global market[6]. - The company emphasizes its commitment to long-termism and innovation to navigate complex external environments and achieve growth[5]. Reporting and Forecasting - The performance forecast is based on preliminary calculations by the company's finance department and has not been audited by an external auditor[7]. - The specific financial data for 2024 will be disclosed in detail in the company's annual report[7].

证券代码: 300218 证券简称:安利股份 安徽安利材料科技股份有限公司投资者关系活动记录表 编号: 2025-001 | | ☑ 特定対象调研 □分析师会议 | | --- | --- | | 投资者关系活动 | □媒体采访 □业绩说明会 | | | □新闻发布会 □路演活动 | | 类别 | ☑ 现场参观 | | | □其他 | | 参与单位名称及 | 1、鹏华基金:杨浩; | | 人员姓名 | 2、国令证券:王明辉。 | | 时间 | 2025年1月3日9:30-11:00 | | 地点 | 公司行政楼 906 会议室 | | 上市公司接待人 | 董事会秘书、副总经理:刘松霞 | | 员姓名 | 证券事务代表:陈丽婷 | | | 证券助理:高杰晶 | | | 一、参观公司展厅; 二、主要问题及回答 | | | 1、安利越南目前的产能规划、开工率情况和盈亏平衡点? | | | 答:安利越南规划建设 4 条牛产线,全部建成达产后,将 | | | 新增年产生态功能性聚氨酯合成革及复合材料1200万米的牛产 | | | 经营能力。其中 2 条生产线于 2022年末调试投产,公司正积极 | | 投资者关系活动 ...

安徽安利材料科技股份有限公司 关于第 3 期员工持股计划存续期即将届满的提示性公告 本公司及董事会全体成员保证信息披露内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 安徽安利材料科技股份有限公司（以下简称"公司"）于2022年3月25日召 开第六届董事会第七次会议，并于2022年4月20日召开2021年度股东大会，审议 通过了《关于<安徽安利材料科技股份有限公司第3期员工持股计划（草案）（修 订稿）>及其摘要的议案》等相关议案，同意公司实施第3期员工持股计划，并授 权董事会办理公司第3期员工持股计划的相关事宜，具体内容详见公司刊登于中 国证监会指定的创业板信息披露网站的相关公告。 证券代码：300218 证券简称：安利股份 公告编号：2024-066 鉴于公司第3期员工持股计划（以下简称"本次员工持股计划"）的存续期 将于2025年6月9日届满，根据中国证监会《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》的相关规定，公司应当在员工持股计划存续期限届满前六个月披露 提示性公告。现将相关情况公告如下： 一、本次员工持股计划持有 ...

天禾律师事务所 股东大会法律意见书 安徽天禾律师事务所 关于安徽安利材料科技股份有限公司 2024年第一次临时股东大会的法律意见书 天律意2024第02708号 致：安徽安利材料科技股份有限公司 根据《中华人民共和国公司法》（下称"《公司法》"）、《中华人民共和 国证券法》（下称"《证券法》"）、中国证券监督管理委员会《上市公司股东 大会规则》（下称"《股东大会规则》"）以及《安徽安利材料科技股份有限公 司章程》（下称"《公司章程》"）的有关规定，安徽天禾律师事务所接受安徽 安利材料科技股份有限公司（下称"公司"）的委托，指派费林森、盛建平律师 （下称"天禾律师"）出席公司 2024 年第一次临时股东大会（下称"本次股东 大会"），并对本次股东大会相关事项进行见证，出具法律意见。 本法律意见书是天禾律师根据对本次股东大会事实的了解及对我国现行法 律、法规和规范性文件的理解而出具的。 天禾律师同意将本法律意见书作为本次股东大会的法定必备文件予以公告， 并依法对所出具的法律意见书承担责任。 天禾律师根据《证券法》相关规定的要求，按照律师行业公认的业务标准、 道德规范和勤勉尽责精神，对本次股东大会的召集、召开、与会 ...

证券代码：300218 证券简称：安利股份 公告编号：2024-065 安徽安利材料科技股份有限公司 2024 年第一次临时股东会决议公告 本公司及董事会全体成员保证信息披露内容真实、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、本次股东会未出现否决议案的情形； 2、本次股东会审议通过的《关于拟变更会计师事务所的议案》，涉及变更2023 年度股东大会审议通过的《关于聘请2024年度审计机构的议案》。具体可参见公 司于2024年4月23日在巨潮资讯网披露的《2023年度股东大会决议公告》（公告编 号：2024-036）。 一、会议召开和出席情况 1、会议召开时间： （1）现场会议时间：2024年11月12日（星期二）下午2:30 （2）网络投票时间：通过深圳证券交易所交易系统进行网络投票的时间为： 2024 年 11 月 12 日的交易时间，即 9:15-9:25、9:30-11:30、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：2024 年 11 月 12 日 9:15-15:00 期间 的任意时间。 2、现场会议召开地点：中国安徽省合肥市经济技术开发区桃花工 ...

Summary of the Conference Call Company Overview - The conference call pertains to Amway Co., Ltd. and its performance in 2024, highlighting significant growth in sales, revenue, and profit amidst a complex external environment [1][2]. Key Financial Metrics - Sales price of main products increased by 8.4% year-on-year [2]. - Net profit reached 194 million yuan, a year-on-year increase of 174.19% [2]. - Deducted non-recurring net profit was 192 million yuan, up 159.6% year-on-year [2]. - Basic earnings per share were 0.9082 yuan, with a return on equity of 14.47%, an increase of 8.86 percentage points from the previous year [2]. - Accounts receivable turnover improved to 54.29 days, inventory turnover sped up to 64.72 days, and total asset turnover improved to 344.27 days [2]. - The debt-to-asset ratio at the end of 2024 was 34.97%, down 0.9 percentage points from the previous year [2]. Strategic Initiatives - The company invested 138 million yuan in R&D, an increase of 9.15% year-on-year [3]. - New production lines were added in both the headquarters and Vietnam, indicating expansion efforts [3]. - The company aims to focus on high-quality development, emphasizing professional, specialized, branded, and scaled growth strategies [3]. Market Position and Competitive Advantages - The company has seen significant growth in business with major clients like Nike and Anta, contributing to higher value and margin products [5][6]. - Product upgrades have been noted, with the proportion of water-based temperature measuring products increasing from 18% to 22% [6]. - The company maintains a competitive edge through technological advancements, brand reputation, and a global sales network [8][9]. Challenges and Outlook - The macroeconomic environment is expected to remain complex, posing challenges for future growth [3]. - The company is optimistic about maintaining double-digit growth in various product categories, including automotive interiors and consumer electronics [14][15]. - The impact of recent tariff policies on exports to the U.S. is minimal, with only 2.55% of revenue directly affected [11][12]. Investor Engagement - The call included an interactive segment for investors to ask questions, reflecting the company's commitment to transparency and engagement with stakeholders [4][16]. Additional Insights - The company is actively managing risks associated with global supply chains and is prepared for potential increases in orders from major clients [15][16]. - Continuous investment in technology and fixed assets is a priority to ensure future competitiveness [16].