Financial Performance - The company's revenue for Q1 2023 was ¥594,157,918.54, a decrease of 31.10% compared to ¥862,361,400.73 in the same period last year[4] - Net profit attributable to shareholders was ¥72,212,645.69, down 46.73% from ¥138,763,627.91 year-on-year[4] - The net profit after deducting non-recurring gains and losses was ¥65,836,409.42, a decline of 54.51% compared to ¥148,014,429.72 in the previous year[4] - Basic earnings per share decreased by 46.15% to ¥0.14 from ¥0.27 year-on-year[5] - The company reported a net profit margin of approximately 2.0% for Q1 2023, compared to 3.0% in Q1 2022[32] - The net profit for Q1 2023 was CNY 75,961,914.20, a decrease of 44.4% compared to CNY 136,776,573.84 in Q1 2022[33] - The company reported a total comprehensive income of CNY 61,412,775.12, significantly lower than CNY 134,950,177.81 in Q1 2022[34] Cash Flow and Liquidity - The net cash flow from operating activities was -¥124,769,378.66, representing a significant decrease of 331.24% from -¥28,932,390.17 in the same period last year[4] - Cash and cash equivalents at the end of Q1 2023 were CNY 1,092.04 million, a decrease of 15.4% from CNY 1,291.21 million at the beginning of the year[28] - The cash received from investment activities increased by 56.12% to 212,325,829.29, mainly due to the redemption of bank wealth management products[13] - The cash paid for investments surged by 558.66% to 43,864,000.00, primarily due to new investments made during the reporting period[13] - The cash flow from operating activities showed a net outflow of CNY 124,769,378.66, compared to a smaller outflow of CNY 28,932,390.17 in the same period last year[35] - The company incurred a foreign exchange loss of CNY 2,513,446.92 during the quarter[34] Assets and Liabilities - Total assets at the end of the reporting period were ¥6,232,162,373.82, a decrease of 1.19% from ¥6,314,013,135.15 at the end of the previous year[5] - Total liabilities decreased to CNY 2,356.94 million, down 5.3% from CNY 2,488.21 million at the beginning of the year[30] - Accounts receivable increased to CNY 819.43 million, up 4.9% from CNY 781.22 million at the beginning of the year[28] - Inventory at the end of Q1 2023 was CNY 752.28 million, an increase of 1.9% from CNY 740.78 million at the beginning of the year[28] Investment and Financing Activities - The company plans to issue convertible bonds totaling up to RMB 825 million to enhance capital strength and profitability[20] - The company has received approval from the China Securities Regulatory Commission for the issuance of convertible bonds[21] - The company plans to apply for a comprehensive credit limit of up to RMB 3.3 billion from financial institutions to support its operational and business development needs[25] - The company approved a loan of up to RMB 36 million to its subsidiary, Kunshan Xingkai Semiconductor Materials Co., Ltd., to support its operational funding needs[25] Regulatory and Governance - The company is undergoing a restructuring process in response to regulatory measures from the China Securities Regulatory Commission[6] - The company has implemented changes in accounting policies affecting the financial statements, leading to restatements of previous financial data[5] - The company has been actively working with intermediaries to address the feedback from regulatory bodies regarding the bond issuance[20] - The company completed the election of its fifth board of directors and supervisory board, ensuring continuity in governance and management[25] Operational Changes and Future Plans - The company plans to focus on expanding its market presence and investing in new product development in the upcoming quarters[32] - The company has changed the project from an annual production of 500 kg OLED display materials to an annual production of 15 tons of OLED terminal display materials purification project[21] - The company approved a change in the use of raised funds to fully allocate them to the construction of a new liquid crystal materials mixing and R&D center project with an annual capacity of 280 tons[23]

Financial Performance - The company's operating revenue for the reporting period was CNY 272,868.35 million, a decrease of 5.52% compared to the previous year[9]. - The net profit attributable to shareholders was CNY 11,235.33 million, down 74.15% year-on-year, while the net profit after deducting non-recurring gains and losses was CNY 5,002.47 million, a decline of 88.52%[9]. - The net cash flow from operating activities for 2023 was ¥290,304,716.02, a decrease of 27.58% compared to ¥400,862,605.60 in 2022[32]. - Basic earnings per share for 2023 were ¥0.21, down 75.00% from ¥0.84 in 2022[32]. - The company experienced a significant drop in quarterly net profit in Q4 2023, reporting a loss of ¥97,800,260.56 compared to profits in previous quarters[35]. - The company reported a total sales amount of ¥1,180,566,898.63 from its top five customers, representing 43.27% of the annual total sales[108]. - The total procurement amount from the top five suppliers was ¥441,761,892.78, which accounted for 18.29% of the annual total procurement[109]. Revenue Breakdown - The semiconductor materials business achieved a revenue growth of 2.58% with a gross profit margin increase of 1.77%[11]. - The screen display materials business saw a revenue increase of 4.89%, but the gross profit margin decreased by 2.94%[11]. - The ultraviolet curing materials business's revenue declined by only 3.74% due to the synergy effects from the newly integrated Runao Chemical, with a gross profit margin increase of 2.92%[11]. - Revenue from screen display materials increased by 4.89% to ¥1,283,038,862.76, accounting for 47.02% of total revenue[99]. - The revenue from overseas markets decreased by 28.93% to ¥305,170,717.54, which is 11.18% of total revenue[99]. Strategic Plans and Goals - The company plans to optimize its business structure and strengthen core competitiveness in 2024, focusing on expanding market share and enhancing resource investment in new product introductions[12]. - The company aims to maintain its competitive edge in the electronic chemical materials sector, focusing on the development of new technologies and market expansion strategies[41]. - The company plans to enhance its market share in liquid crystal materials and photoresist products through continuous R&D and process improvements[46]. - The company will implement a dual-driven strategy of product operation and capital operation to enhance its scale and competitiveness in 2024[162]. - In 2024, the company will continue to deepen its focus on display materials, semiconductor materials, UV curing materials, and pharmaceutical intermediates, while actively investing in product R&D[163]. Research and Development - R&D expenses for the reporting period amounted to 189.24 million yuan, accounting for 6.94% of total revenue, reflecting a year-on-year increase of 0.58%[91]. - The number of R&D personnel increased by 4.53% to 600 in 2023, accounting for 27.59% of the total workforce[115]. - The company has received multiple high-tech product certifications from Jiangsu Province for its liquid crystal materials[69]. - The company has developed advanced UV curing materials for fiber optic cables, which have received multiple awards, including the Shanghai Municipal High-tech Achievement Transformation Project[66]. - The company has successfully validated new products such as cholesteric liquid crystal and PI-Less liquid crystal with clients, expanding its application fields[91]. Market Trends and Industry Insights - The global semiconductor market reached a record size of 573.5 billion in 2022, although the growth rate is slowing down[47]. - In Q3 2023, global semiconductor sales totaled 134.7 billion, reflecting a year-over-year decline of 4.5% but a quarter-over-quarter increase of 6.3%[47]. - China's semiconductor sales reached a peak of $17.16 billion in December 2021, followed by a decline to $10.97 billion in February 2023, but have since increased for nine consecutive months, reaching $14.46 billion in November 2023, marking a 4.4% month-on-month growth and a 7.99% year-on-year growth[49]. - The production of integrated circuits in China was 351.4 billion pieces in 2023, representing a year-on-year growth of 9.6%[50]. - The demand for optical cables in China is projected to grow at a compound annual growth rate of 2.9% from 2021 to 2026[51]. Operational Efficiency and Cost Management - The company will improve production efficiency by optimizing production processes and reducing raw material consumption[12]. - The company has focused on optimizing production management to control costs, enhancing operational efficiency and reducing expenses[90]. - The company has a strong cost advantage due to its mastery of key raw material synthesis technologies, which enhances product performance and reduces production costs[82]. - The average price of raw material A decreased from 2,999.53 RMB/kg in the first half to 2,924.54 RMB/kg in the second half[74]. - The company's raw material costs amounted to ¥1,427,570,399.33, accounting for 79.82% of operating costs, a slight decrease of 1.28% compared to 2022[104]. Governance and Compliance - The company has a board of directors consisting of 9 members, including 3 independent directors, and held 9 board meetings during the reporting period[185]. - The company maintains an independent operational structure, with no financial dependencies on the controlling shareholder, ensuring complete autonomy in business decisions[193]. - The company has implemented a robust internal control management system to enhance governance and ensure the achievement of operational goals[188]. - The company adheres to strict information disclosure practices, ensuring transparency and timely communication with all investors[191]. - The company has established independent personnel management systems, ensuring that all senior management operates solely within the company[194]. Environmental and Social Responsibility - The company is committed to environmental protection and has invested significantly in building an effective environmental management system to address waste emissions[177]. - The company is aware of macroeconomic risks and will adjust strategies to mitigate impacts from international trade tensions and domestic economic challenges[170]. - The company emphasizes its commitment to providing high-quality new materials for high-tech manufacturing and focuses on long-term development and market expansion[157]. - The company is actively expanding its overseas presence to stay updated on international material technologies and market trends, enhancing its overall capabilities[171]. - The company has implemented a comprehensive accounts receivable management system to control credit risks, especially for long-overdue receivables[175].

| 证券代码：300398 | 证券简称：飞凯材料 | 公告编号：2024-068 | | --- | --- | --- | | 债券代码：123078 | 债券简称：飞凯转债 | | 上海飞凯材料科技股份有限公司 关于监事会主席辞职暨补选非职工代表监事的公告 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。 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》、《公司章程》的有关规定，公司于 2024 年 5 月 10 日召开第五届监事会第九次会议，审议通过了《关于补选第五届监事会 非职工代表监事的议案》，同意补选贺云扬女士（简历后附）为公司第五届监事 会非职工代表监事候选人。 本次补选非职工代表监事事项尚需提交公司 2023 年年度股东大会审议，贺 云扬女士担任第五届监事会非职工代表监事的任期自股东大会审议通过之日起 至第五届监事会任期届满之日止。公司监事会已对贺云扬女士的资格条件、经营 和管理经验、专业素养等基本情况进行了充分了解，认为其符合现行法律的有关 规定和公司的实际需要。 一、监事会主席辞职的情 ...

| | | 上海飞凯材料科技股份有限公司 关于 2023 年年度股东大会增加临时提案 暨股东大会补充通知的公告 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。 上海飞凯材料科技股份有限公司（以下简称"公司"）2024 年 4 月 29 日发 布了《关于召开 2023 年年度股东大会的通知》，定于 2024 年 5 月 21 日以现场 和网络投票相结合的方式召开 2023 年年度股东大会。具体内容详见公司于巨潮 资讯网发布的相关公告。 2024 年 5 月 10 日，公司第五届监事会第九次会议审议通过了《上海飞凯材 料科技股份有限公司关于补选第五届监事会非职工代表监事的议案》，具体内容 详见公司于巨潮资讯网发布的相关公告。 为节约成本、提高决策效率，公司控股股东飞凯控股有限公司提请公司董事 会将《上海飞凯材料科技股份有限公司关于补选第五届监事会非职工代表监事的 议案》以临时提案的方式提交公司 2023 年年度股东大会一并审议。 根据《公司章程》、《股东大会议事规则》等有关规定：单独或者合计持有 公司 3%以上股份的股东，可以在股东大会召开 10 日前提出临时提案 ...

| 证券代码：300398 | 证券简称：飞凯材料 | 公告编号：2024-067 | | --- | --- | --- | | 债券代码：123078 | 债券简称：飞凯转债 | | 表决结果：3 票赞成，0 票反对，0 票弃权。 经与会监事审议和表决，通过了以下决议： 1. 审议通过《上海飞凯材料科技股份有限公司关于补选第五届监事会非职 工代表监事的议案》 因公司内部岗位变动调整，公司监事会主席严帅先生于今日向监事会提交了 辞职报告，申请辞去公司第五届监事会监事、监事会主席职务。经监事会资格审 查，公司监事会同意补选贺云扬女士为第五届监事会非职工代表监事。任期自股 东大会审议通过之日起至第五届监事会任期届满之日止。 具体内容详见公司于巨潮资讯网刊登的《上海飞凯材料科技股份有限公司关 于监事会主席辞职暨补选非职工代表监事的公告》。 上海飞凯材料科技股份有限公司 以上议案经本次监事会审议通过后，将提请股东大会审议。公司控股股东飞 凯控股有限公司从节约成本、提高公司决策效率的角度考虑，提请公司将上述议 案以临时提案方式直接提交公司 2023 年年度股东大会一并审议。飞凯控股有限 公司持有公司 22.37%的股 ...

| 证券代码：300398 | 证券简称：飞凯材料 | 公告编号：2024-066 | | --- | --- | --- | | 债券代码：123078 | 债券简称：飞凯转债 | | 上海飞凯材料科技股份有限公司 关于向控股子公司提供借款的进展公告 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、借款事项概述 上海飞凯材料科技股份有限公司（以下简称"公司"）于 2024 年 3 月 26 日 分别召开第五届董事会第九次会议和第五届监事会第七次会议，审议通过了《关 于向昆山兴凯半导体材料有限公司提供借款的议案》，同意在不影响公司资金周 转的前提下，以公司自有资金向公司全资子公司安庆飞凯新材料有限公司的控股 子公司昆山兴凯半导体材料有限公司（以下简称"昆山兴凯"）提供总额不超过 人民币 3,600 万元的借款，借款利率参照同期一年期 LPR 利率确定，每季度付息 一次，到期一次性还本付息。借款额度可循环使用，单笔借款金额的期限不得超 过一年，后期具体借款事宜董事会授权公司经营管理层负责实施，前述借款额度 及授权期限自公司董事会通过之日起一年内有效。昆山兴凯 ...

| 证券代码：300398 | 证券简称：飞凯材料 | 公告编号：2024-065 | | --- | --- | --- | | 债券代码：123078 | 债券简称：飞凯转债 | | 上海飞凯材料科技股份有限公司 关于使用暂时闲置募集资金进行现金管理 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。 上海飞凯材料科技股份有限公司（以下简称"公司"）于 2024 年 3 月 26 日 召开第五届董事会第九次会议和第五届监事会第七次会议，审议通过了《关于使 用暂时闲置募集资金进行现金管理的议案》，同意公司（含募投项目实施主体） 在保证不影响募投项目正常实施、不影响公司正常生产经营并有效控制风险的前 提下，使用不超过 3 亿元（含）暂时闲置募集资金进行现金管理，购买商业银行 等金融机构发行的低风险、安全性高、流动性好的理财产品，包括但不限于结构 性存款、大额存单、定期存款、通知存款等，单个产品的投资期限不超过 12 个 月（含）。在上述现金管理额度内资金可以滚动使用，前述现金管理额度自公司 董事会审议通过相关议案之日起一年内有效。如单笔交易的存续期超过 ...

Financial Performance Overview - In 2023, the company achieved a revenue of approximately CNY 2.729 billion, a decrease of 6.13% compared to the previous year, primarily due to fluctuations in demand in the panel manufacturing and semiconductor industries, as well as a reduction in demand for a specific pharmaceutical intermediate product [2]. - The net profit attributable to shareholders was approximately CNY 112 million, down 74.15% year-on-year. The net profit after deducting non-recurring gains and losses was approximately CNY 50.25 million, a decline of 88.53% [2]. - In Q1 2024, the company reported a revenue of approximately CNY 668 million, an increase of 11.10% year-on-year. The net profit attributable to shareholders was approximately CNY 59.84 million, a decrease of 17.31% [3]. Segment Performance - In 2023, revenue from display materials and semiconductor materials grew by 4.89% and 2.58% respectively. However, revenue from UV curing materials declined by 3.74% due to weak demand in the optical communication industry [3]. - The pharmaceutical intermediate segment saw a significant revenue drop of 56.25%, mainly due to decreased demand for a specific product [3]. - In Q1 2024, revenue from display materials and semiconductor materials increased by 17.10% and 31.60% respectively, while UV curing materials and pharmaceutical intermediates experienced declines of 13.70% and 12.70% respectively [3]. Strategic Directions - The company aims to enhance vertical integration within the supply chain and improve the self-sufficiency of core raw materials. It will continue to diversify its material offerings to strengthen risk defense capabilities [3]. - There is a focus on expanding external collaborations and enhancing research and development capabilities to broaden the company's technological scope [3]. - The company is optimistic about the growth potential in the LCD and semiconductor materials sectors, particularly with the ongoing domestic substitution trend [5]. Customer and Market Insights - The company’s liquid crystal materials are supplied to major clients including BOE, Huaxing, and AUO [6]. - The company is actively pursuing registration for its TMO photoinitiator in Europe, indicating a strategic move to expand its market presence [6].

| 证券代码：300398 | 证券简称：飞凯材料 | 公告编号：2024-063 | | --- | --- | --- | | 债券代码：123078 | 债券简称：飞凯转债 | | 上海飞凯材料科技股份有限公司 关于召开 2023 年年度股东大会的通知 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。 上海飞凯材料科技股份有限公司（以下简称"公司"或"本公司"）第五届 董事会第十次会议已于 2024 年 4 月 26 日召开，会议决议召开公司 2023 年年度 股东大会。现将召开本次股东大会的有关事项公告如下： 一、召开会议的基本情况 1、股东大会届次：2023 年年度股东大会 2、会议召集人：公司董事会 3、会议召开的合法、合规性：经公司第五届董事会第十次会议审议通过， 决定召开本次股东大会。本次股东大会会议召开符合有关法律、行政法规、部门 规章、规范性文件和《公司章程》等的规定。 4、会议召开的日期、时间： （1）现场会议时间：2024 年 5 月 21 日（星期二）下午 14:30 （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具体时 ...

上海飞凯材料科技股份有限公司监事会 关于公司2023年度内部控制自我评价报告的审核意见 根据《中华人民共和国公司法》、《企业内部控制基本规范》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、法规和规范性文件的要求, 上海飞凯材料科技股份有限公司(以下简称"公司")董事会对公司截至 2023 年 12 月 31 日 (内部控制评价报告基准日)的内部控制设计与运行的有效性进行了自我评价, 并出具了《2023 年度内部控制自我评价报告》。评价报告结论如下: 根据公司财务报告内部控制重大缺陷的认定情况, 于内部控制评价报告基准日, 公司 有财务报告内部控制重大缺陷 1 个。 根据公司非财务报告内部控制重大缺陷认定情况, 于内部控制评价报告基准日, 公司 有非财务报告内部控制重大缺陷 2 个。 自内部控制评价报告基准日至内部控制评价报告发出日之间未发生影响内部控制有效 性评价结论的因素。 经审核公司《2023 年度内部控制自我评价报告》, 公司监事会认为: 公司《2023 年度 内部控制自我评价报告》客观、真实地反映了公司内部控制体系建设和运作的实际情况, 全 体监事对公司《202 ...