Production Capacity and Expansion - The company reported a significant increase in production capacity with the new South China production base, aiming for an annual output of 50,000 tons of electronic materials and supporting materials[7]. - Jiangsu Guangxin plans to enter the photovoltaic market, targeting a production capacity of 1 GW by the end of 2024[19]. - The company is expanding its production capacity with a new project in Jiangxi, aiming for an annual output of 50,000 tons of electronic photosensitive materials[152]. - The company is planning to expand its production capacity by an additional 15,000 tons/year for both photoresists and coatings[134]. Financial Performance - The company's operating revenue for 2023 was CNY 509,936,696.25, representing a 2.42% increase compared to CNY 497,871,416.00 in 2022[27]. - The net profit attributable to shareholders for 2023 was CNY 6,897,191.46, a significant turnaround from a loss of CNY 31,988,690.17 in 2022, marking a 121.56% improvement[27]. - The gross margin for the latest quarter improved to 35%, up from 30% in the previous quarter, reflecting better cost management and pricing strategies[19]. - The asset-liability ratio decreased to 38.19%, down by 9.67% from the beginning of the year, indicating improved financial stability[155]. Research and Development - The company plans to enhance its R&D efforts to maintain its competitive edge in electronic chemical products, particularly in PCB, display, and semiconductor photoresists[7]. - The company is investing heavily in R&D, with a budget allocation of 200 million yuan for the development of new photolithography materials and technologies[19]. - R&D expenses amounted to CNY 29,167,900, accounting for 5.72% of total operating revenue, with a focus on developing new products such as display photoresists and photovoltaic adhesives[158]. - The company has a dedicated R&D team of 104 personnel, including 2 PhDs, with many having over 10 years of experience in the field of PCB photoresists and related materials[140]. Market Trends and Risks - The company has identified growth risks related to market demand fluctuations for its electronic chemical products, which could affect sales and profitability[5]. - The company anticipates potential sales pressure following the expansion of production capacity, which may not align with market demand[7]. - The company is focusing on developing new products to meet evolving market needs, but faces challenges in achieving timely market acceptance[6]. - The company has experienced a decline in sales in its coatings segment due to geopolitical factors and trade tensions, currently in a recovery phase[6]. Product Development and Innovation - The company is expanding its product offerings into new applications, including photovoltaic materials, which may involve longer customer certification cycles and associated risks[6]. - New product lines, including UV curing inks and thermal curing coatings, are expected to contribute an additional 150 million yuan in revenue over the next year[19]. - The company has developed various photovoltaic materials, including photovoltaic insulating glue and anti-etching glue, with the photovoltaic insulating glue already achieving significant sales[73]. - The company has successfully developed and tested photovoltaic anti-electroplating adhesives with several downstream solar photovoltaic battery component companies[97]. Customer Base and Market Presence - Jiangsu Guangxin reported a significant increase in revenue, achieving a total of 1.2 billion yuan, representing a year-on-year growth of 25%[19]. - The company has expanded its user base, now serving over 500 clients in the electronics sector, which is a 15% increase compared to the previous year[19]. - The company has established long-term strategic partnerships with major suppliers to ensure a stable supply of raw materials for its products[115]. - The company has maintained long-term relationships with major clients such as Huawei, OPPO, and BYD, enhancing its market presence[151]. Sustainability and Compliance - The company is focusing on sustainability, with plans to reduce production waste by 15% through improved manufacturing processes[19]. - The company has a strong focus on environmental management, holding an ISO 14001:2015 certification[136]. - The company aims to enhance its market position through the introduction of innovative products and compliance with environmental standards, thereby supporting national carbon reduction goals[180]. - The company is committed to maintaining compliance with regulatory standards while expanding its product lines[199]. Strategic Partnerships and Acquisitions - The company has successfully completed the acquisition of a competitor, enhancing its market share by 10% in the electronic materials sector[19]. - The company signed a strategic cooperation agreement with Haiyuan Composite Materials and Xinqi Microelectronics to develop high-efficiency, low-cost copper electroplating technology for N-type batteries, which is expected to accelerate HJT battery development[98]. - The company has established partnerships to establish Jiangxi Yangming Microelectronics Materials Co., Ltd. and Suzhou Yangming Microelectronics Materials Co., Ltd. to enhance its core technology resources in the photoresist field[71]. - The company is exploring strategic partnerships and potential acquisitions to bolster its market presence and operational efficiency[199]. Sales and Revenue Trends - The company achieved a revenue of CNY 509.94 million in 2023, representing a year-on-year growth of 2.42%[155]. - Revenue from photolithography and related materials was CNY 338.32 million, accounting for 66.35% of total revenue, with a year-on-year increase of 9.19%[156]. - The revenue from coatings decreased by 8.44% to CNY 171,014,943.61, which accounted for 33.54% of total revenue[169]. - The company is focusing on expanding into high-value application areas such as display panels, semiconductors, and new energy vehicles[159].

Financial Performance - The company's revenue for Q1 2024 was ¥116,744,027.13, representing an increase of 11.63% compared to ¥104,580,750.49 in the same period last year[3]. - Net profit attributable to shareholders was ¥14,935,968.73, up 14.23% from ¥13,075,418.14 year-on-year[3]. - The net profit after deducting non-recurring gains and losses was ¥14,592,457.48, a significant increase of 1,098.24% compared to a loss of ¥1,461,818.52 in the previous year[3]. - The basic earnings per share for Q1 2024 were ¥0.0746, an increase of 10.19% from ¥0.0677 in the same period last year[3]. - The total comprehensive income attributable to the parent company was CNY 14,935,968.73, compared to CNY 13,075,418.14 in the same period last year, marking an increase of about 14.2%[17]. - Basic and diluted earnings per share for Q1 2024 were both CNY 0.0746, up from CNY 0.0677 in Q1 2023, indicating a growth of approximately 10.8%[17]. - The total profit for Q1 2024 was CNY 19,045,101.31, an increase from CNY 12,421,359.10 in Q1 2023, reflecting a growth of approximately 53.5%[17]. Cash Flow and Operating Activities - The net cash flow from operating activities was -¥21,579,810.65, a decrease of 4,563.34% from ¥483,490.23 in the same period last year[3]. - Cash flow from operating activities showed a net outflow of CNY -21,579,810.65, a decline from a positive cash flow of CNY 483,490.23 in the previous year[19]. - The company reported cash inflow from investment activities of CNY 14,054,809.66, compared to CNY 42,101,393.80 in the previous year, reflecting a decrease of approximately 66.7%[19]. - The company raised CNY 29,000,000.00 through borrowings in Q1 2024, an increase from CNY 19,363,661.28 in Q1 2023[20]. Assets and Liabilities - The total assets at the end of the reporting period were ¥1,230,251,376.37, down 2.70% from ¥1,264,441,013.26 at the end of the previous year[3]. - Total assets amounted to CNY 1,230,251,376.37, down from CNY 1,264,441,013.26, a decrease of 2.7%[14]. - Total liabilities decreased to CNY 433,551,462.85 from CNY 482,861,100.98, a reduction of 10.2%[14]. - The company’s fixed assets increased to CNY 242,894,157.27 from CNY 173,197,880.74, an increase of 40.3%[12]. - The total current assets decreased to CNY 664,454,388.81 from CNY 701,291,959.30, a decline of 5.2%[12]. - Cash and cash equivalents decreased to CNY 82,463,441.64 from CNY 193,657,864.95, a decline of 57.4%[12]. Research and Development - Research and development expenses were CNY 4,552,950.00, down 39.7% from CNY 7,552,399.08 in the previous period[16]. Future Plans and Projects - The company plans to raise up to ¥300 million through a simplified procedure for issuing shares to specific targets, with proceeds to be used for a project to produce 50,000 tons of electronic photosensitive materials annually[8]. - The trial production of the project for producing 9,000 tons per annum of outer layer ink commenced on March 1, 2024, and will continue until September 1, 2024[10].

证券代码：300537 证券简称：广信材料 公告编号：2024-037 江苏广信感光新材料股份有限公司 关于举办 2023 年度网上业绩说明会的公告 一、说明会召开的时间、地点和方式 会议召开时间：2024年5月9日（星期四）15:00-17:00 会议召开地点：价值在线（www.ir-online.cn） 会议召开方式：网络互动方式 二、参加人员 董事长、总经理李有明先生，副总经理、董事会秘书、财务总监张启斌先 生，独立董事吴颖昊先生，保荐代表人杨建华先生。 三、投资者参加方式 投资者可于2024年5月9日（星期四）15:00-17:00通过网址 https://eseb.cn/1dMe9czXM8U或使用微信扫描下方小程序码即可进入参与互动 交流。投资者可于2024年5月9日前进行会前提问，公司将通过本次业绩说明 会，在信息披露允许范围内就投资者普遍关注的问题进行回答。 特此公告。 江苏广信感光新材料股份有限公司 董事会 2024 年 4 月 29 日 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。 江苏广信感光新材料股份有限公司（以下简称"公司"）已于2 ...

[Table_Summary] [Table_Title] 募投项目逐步落地，营收增长初显修复 [Table_ReportDate] 广信材料(300537)公司简评报告 | 2024.03.06 [Table_Rank] 评级： 买入 核心观点 [Table_Authors] 翟炜 首席分析师 SAC 执证编号：S0110521050002 zhaiwei@sczq.com.cn 电话：13581945259 [Table_Chart] 市场指数走势（最近 1 年） 资料来源：聚源数据 -0.5 0 0.5 1 6-Mar18-May 30-Jul 11-Oct 23-Dec 5-Mar 广信材料 沪深300 相关研究 [Table_OtherReport] 新产品放量助力营收增长，新基地落 地优化业务布局 优化产品结构提升盈利能力，下游需 求有望迎来改善 合作推进电镀铜技术落地，PCB 光刻 胶需求有望释放 ⚫ 事件：广信材料发布公告称收到龙南市应急管理局出具的《危险化学品 建设项目试生产方案回执》，龙南市应急管理局已同意公司募投项目"年 产 5 万吨电子感光材料及配套材料项目"之"9000t/a 外层油 ...

证券代码：300537 证券简称：广信材料 公告编号：2024-016 江苏广信感光新材料股份有限公司 关于募投项目部分试生产的公告 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。 特此公告。 江苏广信感光新材料股份有限公司 董事会 2024 年 3 月 4 日 1 江苏广信感光新材料股份有限公司（以下简称"公司"）于近日收到龙南市 应急管理局出具的《危险化学品建设项目试生产方案回执》[(龙)危化项目备字 〔2024〕04 号]，龙南市应急管理局已同意公司募投项目"年产 5 万吨电子感光材 料及配套材料项目"之"9000t/a 外层油墨"的试生产方案，试生产（使用）期限为 2024 年 3 月 1 日至 2024 年 9 月 1 日。后续公司将严格按照产品生产工序及流程 有序安排试生产工作。 该募投项目实施主体为公司全资子公司江西广臻感光材料有限公司，项目内 容为"年产 5 万吨电子感光材料及配套材料项目"，本次募投项目部分产能的分批 试生产为公司后期 PCB 阻焊油墨、PCB 线路油墨（湿膜光刻胶）等 PCB 光刻胶 的市场开拓奠定了牢固基石，市场的开拓也为 ...

证券代码：300537 证券简称：广信材料 公告编号：2024-015 江苏广信感光新材料股份有限公司 关于为控股子公司提供担保的进展公告 二、担保进展情况 近日，公司控股子公司江阴广庆与招商银行股份有限公司无锡分行（以下简 称"招商银行无锡分行"）签署了《授信协议》，授信额度为 1,000 万元，授信 期间为自 2024 年 1 月 30 日至 2025 年 1 月 29 日。公司与招商银行无锡分行签署 了《最高额不可撤销担保书》（以下简称"担保书"），公司为控股子公司江阴 广庆在招商银行无锡分行办理的授信业务提供 1,000 万元担保。本次担保属于已 审议通过的担保事项范围，无需再次提交公司董事会或股东大会审议。 三、被担保人基本情况 1．基本信息 名称：江阴广庆新材料科技有限公司 统一社会信用代码：91320281MA20RTRT6W 企业类型：有限责任公司（自然人投资或控股） 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 江苏广信感光新材料股份有限公司（以下简称"公司"）于 2023 年 12 月 21 日召开了第五届董事会第一次会 ...

证券代码：300537 证券简称：广信材料 公告编号：2024-014 江苏广信感光新材料股份有限公司 关于为控股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 江苏广信感光新材料股份有限公司（以下简称"公司"）于 2023 年 12 月 21 日召开了第五届董事会第一次会议，审议通过了《关于为控股子公司提供担 保的议案》，为满足控股子公司江阴广庆新材料科技有限公司（以下简称"江阴 广庆"）的发展需要，同意公司为江阴广庆向银行申请综合授信提供担保，担保 总额不超过人民币 3 千万元，担保期限为 1 年。具体内容详见公司于巨潮资讯网 （www.cninfo.com.cn）披露的《关于为控股子公司提供担保的公告》（公告编号： 2023-093）。 二、担保进展情况 近日，公司控股子公司江阴广庆与中国银行股份有限公司江阴分行（以下简 称"中国银行江阴分行"）签署了《授信额度协议》，授信额度为 1,000 万元。 公司与中国银行江阴分行签署了《最高额保证合同》，公司为全资子公司江阴广 庆在中国银行江阴分行办理的授信业务提供 ...

证券代码：300537 证券简称：广信材料 公告编号：2024- 007 江苏广信感光新材料股份有限公司 关于本次以简易程序向特定对象发行股票 不存在直接或通过利益相关方向参与认购的投资者 提供财务资助或补偿的公告 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。 2024 年 1 月 23 日，江苏广信感光新材料股份有限公司（以下简称"公司"、 "广信材料"）第五届董事会第二次会议审议通过了关于公司 2024 年度以简易 程序向特定对象发行股票的相关议案，现公司就本次向特定对象发行股票事项作 出如下承诺： 公司不会向本次参与认购的投资者作出保底保收益或变相保底保收益承诺， 不会直接或通过利益相关方向本次参与认购的投资者提供资助或补偿。 特此公告。 江苏广信感光新材料股份有限公司 董事会 2024 年 1 月 24 日 ...

江苏广信感光新材料股份有限公司 前次募集资金使用情况 鉴证报告 致同会计师事务所（特殊普通合伙） 目 录 | 前次募集资金使用情况鉴证报告 | | | --- | --- | | 公司前次募集资金使用情况报告 | 1-4 | | 前次募集资金使用情况对照表 | 5 | 本报告仅供广信材料公司本次向特定对象发行股票时使用，不得用作任何其 他用途。 致同会计师事务所 （特殊普通合伙） 致同会计师事务所（特殊普通合伙） 中国北京朝阳区建国门外大街 22 号 赛特广场 5 层邮编 100004 电话 +86 10 8566 5588 传真 +86 10 8566 5120 www.grantthornton.cn 前次募集资金使用情况鉴证报告 致同专字（2024）第 440A000209 号 江苏广信感光新材料股份有限公司全体股东： 我们审核了后附的江苏广信感光新材料股份有限公司（以下简称"广信材 料"）截至 2023 年 12 月 31 日的前次募集资金使用情况报告、前次募集资金 使用情况对照表。按照中国证监会《监管规则适用指引——发行类第 7 号》的 规定编制上述前次募集资金使用情况报告及对照表是广信材料公司董事 ...

经中国证券监督管理委员会《关于同意江苏广信感光新材料股份有限公司向特 定对象发行股票注册的批复》（证监许可〔2022〕2674 号）核准，并经深圳证券交 易所同意，江苏广信感光新材料股份有限公司（以下简称"公司"）由金圆统一证 券有限公司和国泰君安证券股份有限公司联席承销于 2023 年 10 月 27 日向特定对 象发行人民币普通股（A 股）5,920,663 股，每股面值 1.00 元，每股发行价格 16.89 元，本次募集资金总额为人民币 99,999,998.07 元，扣除发行费用（不含税）人民币 4,015,019.48 元，实际募集资金净额为人民币 95,984,978.59 元。上述募集资金到账 情况已经致同会计师事务所（特殊普通合伙）审验，并于 2023 年 11 月 3 日出具了 《江苏广信感光新材料股份有限公司验资报告》（致同验字（2023）第 440C000505 号），确认募集资金到账。 证券代码：300537 证券简称：广信材料 公告编号：2024-003 江苏广信感光新材料股份有限公司 关于前次募集资金使用完毕并注销募集资金专户的公告 公司及董事会全体成员保证信息披露的内容真实、准 ...