证券代码：300395 证券简称：菲利华 公告编号：2025-24 湖北菲利华石英玻璃股份有限公司 高级管理人员减持股份预披露公告 本公司副总经理刘俊龙先生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。 本公司及董事会全体成员保证公告内容与信息披露义务人提供的信息一 致。 特别提示： 截至本公告披露日，湖北菲利华石英玻璃股份有限公司（以下简称"公司"）副总经 理刘俊龙先生持有本公司股份327,000 股（占剔除本公司回购专用证券账户中的股份数量 后总股本比例 0.0628%），计划在自本公告发布之日起 15 个交易日后的三个月内以集中 竞价方式减持本公司股份不超过81,750股（占剔除本公司回购专用证券账户中的股份数量 后总股本比例0.0157%）。 公司于近日收到副总经理刘俊龙先生出具的《关于高级管理人员股份减持计划的告知 函》，现将有关情况公告如下： 一、 股东的基本情况 截至本公告披露日，上述股东持有公司股份情况如下： | 股东名称 | 股东身份 | 持股数量（股） | 占剔除本公司回购 专用证券账户中的 | | --- | --- | --- | --- | | | | | ...

长江证券承销保荐有限公司 关于湖北菲利华石英玻璃股份有限公司 2024 年度跟踪报告 | 保荐机构名称：长江证券承销保荐有限公司 | 被保荐公司简称：菲利华 | | --- | --- | | 保荐代表人姓名：殷博成 | 联系电话：010-57065268 | | 保荐代表人姓名：张硕 | 联系电话：010-57065268 | 一、保荐工作概述 | 项目 | 工作内容 | | --- | --- | | 1、公司信息披露审阅情况 | | | （1）是否及时审阅公司信息披露文件 | 是 | | （2）未及时审阅公司信息披露文件的次数 | 0 次 | | 2、督导公司建立健全并有效执行规章制度的情况 | | | （1）是否督导公司建立健全规章制度（包括但不 | | | 限于防止关联方占用公司资源的制度、募集资金 | 是 | | 管理制度、内控制度、内部审计制度、关联交易制 | | | 度） | | | （2）公司是否有效执行相关规章制度 | 是 | | 3、募集资金监督情况 | | | | 4 次（公司所有募集资金账户已 2024 | | （1）查询公司募集资金专户次数 | 年 4 月注销） | | （2）公司 ...

湖北今天律师事务所（以下简称"本所"）接受湖北菲利华石英玻璃股份有 限公司（以下简称"公司"）委托，指派明苏苏律师、吕鑫律师出席公司 2024 年度股东大会（以下简称"本次股东大会"），并依法进行见证。 本所持有湖北省司法厅颁发的《律师事务所执业许可证》，签发本法律意见 书的见证律师（以下简称"本所律师"）持有《中华人民共和国律师执业证》， 具备就上述事项出具法律意见书的主体资格。 本所律师根据《中华人民共和国公司法》（以下简称"《公司法》"）、《中 华人民共和国证券法》（以下简称"《证券法》"）、《上市公司股东会规则》 （以下简称"《股东会规则》"）、《深圳证券交易所上市公司股东会网络投票 实施细则》（以下简称"《网络投票实施细则》"）等现行有效的法律、法规和 规范性文件及《湖北菲利华石英玻璃股份有限公司章程》（以下简称"《公司章 程》"）的规定，就公司本次股东大会的有关事宜出具本法律意见书。 本法律意见书仅供本次股东大会之目的使用，不得用作其他目的。本所律师 同意本法律意见书作为本次股东大会的必备文件公告，并依法对本法律意见书承 担责任。 湖北今天律师事务所 关于湖北菲利华石英玻璃股份有限公司 2024年 ...

证券代码：300395 证券简称：菲利华 公告编号：2025-23 湖北菲利华石英玻璃股份有限公司 2024 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、本次股东大会没有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）会议召开情况 （1）现场会议召开时间为 2025 年 5 月 14 日 13:30。 （2）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 5 月 14 日 9:15-9:25，9:30-11:30，13:00-15:00；通过深圳证券交易所互联网系统投票的 具体时间为 2025 年 5 月 14 日 9:15 至 15:00 的任意时间。 2、现场会议召开地点：湖北菲利华石英玻璃股份有限公司会议室。 3、会议召开方式：本次股东大会采取现场投票和网络投票相结合的方式召 开。 4、会议召集人：公司董事会 5、会议主持人：董事长商春利先生 本次股东大会的召集与召开程序、出席会议人员的资格、表决程序均符合《中 华人民共和国公司法》《公司章程 ...

Core Viewpoint - The Shenzhen Upstream Industry Index has shown a recent increase, indicating potential investment opportunities in the upstream sector of the market [1] Group 1: Index Performance - The Shenzhen Upstream Industry Index rose by 1.32%, closing at 3951.01 points, with a trading volume of 16.078 billion yuan [1] - Over the past month, the index has increased by 5.14%, while it has decreased by 4.57% over the last three months and is down 0.09% year-to-date [1] Group 2: Index Composition - The Shenzhen Upstream Industry Index is composed of companies from the upstream, midstream, and downstream sectors, providing diverse investment options for investors [1] - The index is based on a reference date of December 31, 2002, with a base point of 1000.0 [1] Group 3: Top Holdings - The top ten weighted stocks in the Shenzhen Upstream Industry Index include: - Ganfeng Lithium (5.27%) - Shanjin International (4.81%) - Yun Aluminum (4.64%) - Tianqi Lithium (4.54%) - Shenhuo Co. (4.0%) - Feilihua (3.7%) - Tongling Nonferrous Metals (3.66%) - China Rare Earth (3.62%) - Zhongmin Resources (3.17%) - Tianshan Aluminum (3.13%) [1] Group 4: Sector Allocation - The sector allocation of the index holdings is as follows: - Industrial metals: 34.91% - Rare metals: 32.53% - Precious metals: 10.22% - Coal: 6.42% - Other non-metal materials: 5.57% - Oil and natural gas: 3.86% - Other nonferrous metals and alloys: 3.39% - Oil and gas extraction and field services: 3.10% [2] Group 5: Sample Adjustment - The index samples are adjusted semi-annually, with adjustments occurring on the next trading day after the second Friday of June and December each year [2] - The sample adjustment typically does not exceed 20%, with special circumstances allowing for temporary adjustments [2]

Group 1: Industry Performance and Opportunities - The quartz glass materials and products are essential in high-tech industries such as semiconductors, aerospace, optics, photovoltaics, and optical communications, presenting significant development opportunities due to high demand in these sectors [1][2][3] - The company is positioned to benefit from the high growth in the semiconductor and aerospace sectors, with revenue from these segments increasing year-on-year [3][4] Group 2: Future Growth Drivers - Future profit growth will be driven by business expansion, industry chain extension, and dual innovation in technology and management [2][5] - The company plans to enhance its organizational control capabilities and technical innovation to maintain its leading position in the global quartz industry [2][5] Group 3: Product Development and R&D Investment - The company is currently developing transparent ceramics, which have applications in semiconductors and aerospace, with the project nearing completion of its testing platform [2][3] - In 2024, the company increased its R&D investment to approximately 249.94 million yuan, a year-on-year growth of 11.98%, focusing on high-purity synthetic quartz sand and other innovative products [5][6] Group 4: Financial Performance and Challenges - In 2024, the company experienced a 16.68% decline in revenue and a 41.56% drop in net profit, attributed to decreased orders in the aerospace sector and intensified competition in the photovoltaic and optical communication markets [3][4] - The gross margin for non-metallic mineral products decreased by 8.09%, and for quartz glass materials, it fell by 7.92%, primarily due to market competition and changes in product sales structure [6][7] Group 5: Strategic Responses - The company is committed to continuous innovation and improving production efficiency through process enhancements and equipment upgrades to stabilize and improve profit margins [6][7] - The company is also focusing on expanding production capacity and upgrading technology to meet domestic high-end product demands and counter international competition [6][8]

Group 1 - The China Securities High-end Equipment Sub-index 50 has decreased by 2.46% as of May 9, 2025, with mixed performance among constituent stocks, led by Aerospace Nanhai up 1.50% [1] - The High-end Equipment ETF (159638) has seen a cumulative increase of 8.55% over the past two weeks as of May 8, 2025 [1] - The High-end Equipment ETF recorded a turnover of 3.05% and a transaction volume of 36.1554 million yuan, with an average daily transaction volume of 97.8379 million yuan over the past week [3] Group 2 - The latest scale of the High-end Equipment ETF reached 1.237 billion yuan, marking a new high for the year, with the latest share count at 1.547 billion, also a new high for the past year [3] - The net inflow of funds into the High-end Equipment ETF was 30.633 million yuan [3] - The top ten weighted stocks in the China Securities High-end Equipment Sub-index 50 account for 45.74% of the index, including companies like AVIC Optoelectronics and AVIC Shenyang Aircraft [3] Group 3 - Institutions forecast a turning point in military industry orders by 2025, driven by new technologies aimed at enhancing equipment performance or reducing costs, and new markets from military trade and technology conversion [3] - Huatai Securities indicates that China has entered a phase of "self-research equipment as the main" military trade net surplus, with significant growth expected in domestic demand from 2025 to 2027 [3] - Investors can consider the China Securities High-end Equipment Sub-index 50 ETF linked fund (018028) to capitalize on industry rotation opportunities [3]

Group 1 - The China Securities Military Industry Index (399967) has shown a strong increase of 4.24% as of May 7, 2025, with notable gains in constituent stocks such as AVIC Chengfei (302132) reaching a 20% limit up, and Zhongyun Drone (688297) rising by 16.37% [1] - The leading military ETF (512680) has also increased by 4.23%, marking its third consecutive rise, with a trading volume of 87.04 million yuan and a turnover rate of 2.31% [1] - The latest scale of the military ETF has reached 3.686 billion yuan, a new high for the year, with the latest share count at 3.544 billion, also a six-month high [1] Group 2 - The top ten weighted stocks in the China Securities Military Industry Index as of April 30, 2025, include China Shipbuilding (600150) and Guoke Technology (002625), accounting for a total of 37.03% of the index [2] - Positive signals have emerged in the military sector since 2024, with expectations of increased contract announcements and related transaction amounts in 2025, indicating a recovery in the military fundamentals [2] - According to GF Securities, the EU's defense industrial strategy is shifting towards self-sufficiency, aiming for 50% of defense equipment procurement to be sourced internally by 2030, which may benefit qualified Chinese companies with production capacity [2]

Investment Rating - The investment rating for the company is "Buy" and is maintained [6]. Core Views - The aerospace industry is experiencing an upward trend, significantly improving profitability year-on-year. The company has ample inventory and a substantial increase in construction projects to meet the ongoing industry growth [2][10]. - The company is focused on its core business, promoting high-quality development across the entire industry chain, continuously increasing R&D investment, and accelerating the development of new production capabilities [2][10]. Financial Performance - In Q1 2025, the company achieved operating revenue of 406 million yuan, a year-on-year decrease of 0.97%. However, the net profit attributable to the parent company was 105 million yuan, a year-on-year increase of 35.7%, and the net profit excluding non-recurring items was 95 million yuan, up 93% year-on-year [4][10]. - The overall revenue slightly declined, but the gross margin improved by 10.32 percentage points to 49.96%. Other income, such as government subsidies, decreased, leading to a significant increase in net profit excluding non-recurring items [10]. - As of the end of Q1 2025, the company had a sufficient inventory balance of 739 million yuan and a 44.9% increase in construction projects to 385 million yuan, indicating further capacity expansion to accommodate ongoing industry growth [10]. R&D and Market Strategy - The company is continuously optimizing its industrial layout to release synergies across the industry chain. Key projects include the expansion of synthetic quartz glass materials and the precision processing of photomask substrates, which are expected to enhance production capabilities [10]. - The company is committed to strengthening its technological innovation capabilities through increased R&D investment, which reached approximately 249.94 million yuan in 2024, a year-on-year increase of 11.98% [10]. Profit Forecast - The company forecasts net profits attributable to the parent company for 2025, 2026, and 2027 to be 589 million yuan, 839 million yuan, and 1.167 billion yuan, respectively, with year-on-year growth rates of 87%, 42%, and 39%. The corresponding price-to-earnings ratios are projected to be 44, 31, and 22 times [10].

Investment Rating - The report assigns a "Buy" rating for the company [4] Core Views - The company's semiconductor business shows steady growth, while overall revenue and performance are under pressure due to fluctuations in demand across aerospace, photovoltaic, and optical communication sectors [2] - The company is expected to recover its profitability in Q1 2025, with a projected revenue increase in the coming years [2][3] Financial Summary - In 2024, the company achieved revenue of 1.742 billion, a year-on-year decrease of 16.68%, and a net profit of 314 million, down 41.56% year-on-year. In Q1 2025, revenue was 406 million, a slight decrease of 0.97%, with a net profit of 105 million, an increase of 35.72% year-on-year [1][2] - The projected revenues for 2025, 2026, and 2027 are 2.215 billion, 2.764 billion, and 3.399 billion respectively, with net profits of 566 million, 705 million, and 877 million [3][4] - The gross margin for 2024 is 42.17%, down 7.31 percentage points, while the net margin is 18.73%, down 8.75 percentage points. For Q1 2025, the gross margin is expected to rise to 49.96%, an increase of 10.32 percentage points, and the net margin to 23.63%, up 4.45 percentage points [2] Business Development - The company is optimizing its industrial layout with ongoing project constructions, including an expansion project for synthetic quartz glass materials, which is expected to add an annual capacity of 160 tons [3] - The company is increasing its R&D investment, with 250 million allocated for 2024, a year-on-year increase of 11.98%, and has successfully developed 18 high-performance composite material projects [3]