编号： 2022-015 1 证券代码：300537 证券简称：广信材料 2022 年 10 月 13 日投资者关系活动记录表 | --- | --- | --- | |------------------------------------------|--------------------------------------------------------------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

编号： 2022-004 证券代码：300537 证券简称：广信材料 2022 年 8 月 29 日投资者关系活动记录表 | --- | --- | --- | |-------------------------|------------------------------------------------------------------------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

编号： 2022-003 证券代码：300537 证券简称：广信材料 2022 年 8 月 26 日投资者关系活动记录表 | --- | --- | --- | |--------------------------|-------------------------------------------------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

编号： 2022-002 证券代码：300537 证券简称：广信材料 2022 年 8 月 26 日投资者关系活动记录表 | --- | --- | --- | |---------------------------|------------------------------------------------------------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

编号： 2022-017 证券代码：300537 证券简称：广信材料 2022 年 11 月 3 日投资者关系活动记录表 | --- | --- | |-----------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

1 证券代码：300537 证券简称：广信材料 2022 年 10 月 27 日投资者关系活动记录表 编号： 2022-016 | --- | --- | --- | |-------------------------|-----------------------------------------------------------------------------------------------------------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

Financial Performance - The company's revenue for Q3 2022 was approximately ¥132.37 million, a decrease of 9.73% compared to the same period last year[2]. - Net profit attributable to shareholders for Q3 2022 was approximately ¥2.78 million, an increase of 130.30% year-on-year[2]. - The company's basic earnings per share for Q3 2022 was ¥0.01, a 120.00% increase compared to the same period last year[2]. - The company's total operating revenue for the current period is CNY 421,560,705.19, a decrease of 11.7% compared to CNY 477,502,623.16 in the previous period[23]. - The net profit for Q3 2022 was -14,634,848.25 CNY, compared to -16,778,671.18 CNY in Q3 2021, showing an improvement of approximately 6.8%[24]. - Operating profit for Q3 2022 was -16,524,788.46 CNY, slightly worse than -15,341,566.38 CNY in the same period last year[24]. - The company reported a total comprehensive loss of -14,098,186.84 CNY for Q3 2022, compared to -16,778,671.18 CNY in Q3 2021[25]. - The basic and diluted earnings per share remained at -0.07 CNY, unchanged from Q3 2021[25]. Cash Flow and Assets - The net cash flow from operating activities reached approximately ¥55.32 million, showing a significant increase of 1671.60% compared to the previous year[7]. - Cash and cash equivalents at the end of the period were 94,866,472.68 CNY, up from 56,265,268.15 CNY year-over-year[28]. - The company's cash and cash equivalents decreased to CNY 103,277,251.48 from CNY 135,897,501.12, representing a decline of 24%[20]. - Accounts receivable decreased to CNY 231,625,618.58 from CNY 287,000,999.74, a reduction of 19.4%[20]. - The company's inventory decreased to CNY 112,568,025.69 from CNY 132,358,181.98, a decline of 14.9%[21]. - The total assets at the end of the reporting period were approximately ¥1.06 billion, down 8.74% from the end of the previous year[3]. - The total assets of the company as of September 30, 2022, are CNY 1,057,057,076.03, down from CNY 1,158,334,182.99 at the beginning of the year[22]. - The company's total liabilities decreased to CNY 383,898,248.28 from CNY 469,087,223.73, a reduction of 18.2%[22]. Expenses and Costs - The total operating costs for the current period amount to CNY 448,182,724.13, down 9.5% from CNY 494,997,719.64 in the previous period[23]. - The company experienced a 26.71% decrease in selling expenses, totaling approximately ¥39.76 million, due to reduced employee compensation and entertainment expenses[7]. - Research and development expenses totaled 25,024,607.00 CNY, down from 29,943,090.58 CNY in Q3 2021, indicating a reduction of approximately 16.5%[24]. - The company incurred financial expenses of 4,918,521.72 CNY, slightly higher than 4,785,090.23 CNY in the previous year[24]. - The company's long-term expenses increased by 31.26% to approximately ¥10.07 million, attributed to higher renovation costs[6]. Investments and Projects - The company reported a 212.92% increase in prepayments, totaling approximately ¥19.58 million, due to increased payments for equipment and raw materials[6]. - The company reported a significant increase in construction in progress, which rose by 270.69% to approximately ¥69.54 million, due to increased investment in a subsidiary project[6]. - Jiangsu Guangxin's subsidiary, Jiangxi Guangzhen, has obtained land use rights for a 98,017.75 square meter site for the annual production of 50,000 tons of electronic photosensitive materials[14]. - The project is progressing smoothly, with the main construction of the first-class workshop nearing completion and equipment installation scheduled for the first half of 2023[17]. - The company plans to conduct trial production and debugging of the first batch of workshops and products in the first half of 2023[17]. - The company has received multiple approvals from local authorities for the environmental impact and safety conditions of the project, indicating compliance with regulatory requirements[16]. - The company has engaged in strategic land acquisitions to support its production expansion plans[14]. - The company is focusing on rapid iteration of new materials based on downstream user needs, aiming to maintain a competitive edge in the photovoltaic sector[18]. - The company has established a photovoltaic materials division to develop new materials such as photovoltaic photosensitive glue and insulation glue, targeting cost reduction in solar cell production[18]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 23,191[9]. - The company has a diverse shareholder base, with significant holdings from both domestic and foreign investors[10]. - The company is authorized to issue A-shares to specific investors, pending approval from the China Securities Regulatory Commission[12]. Compliance and Governance - The company emphasizes the importance of adhering to legal regulations during project management and production planning[17]. - The company is committed to timely information disclosure regarding its stock issuance and project developments to mitigate investment risks[13].

Production Capacity and Expansion - The company plans to achieve an annual production capacity of 50,000 tons of electronic materials and supporting materials at its South China production base, which is expected to significantly enhance production capacity[10]. - The company has established a new production base in Jiangxi with an annual capacity of 50,000 tons for electronic photosensitive materials, enhancing its core competitiveness in the South China market[108]. - The company aims to enhance its market position by advancing the localization of high-end photoresist products and expanding its production capacity[47]. Financial Performance - The company's operating revenue for the reporting period was ¥289,189,935.33, a decrease of 12.60% compared to the same period last year[34]. - The net profit attributable to shareholders was -¥15,592,301.14, representing a decline of 308.80% year-on-year[34]. - The company's ink revenue was $156.66 million, a decrease of 11.32% year-over-year, with a gross margin of 18.93%, down 11.28% from the previous year[114]. - The paint revenue was $100.72 million, down 33.69% year-over-year, with a gross margin of 33.05%, a decrease of 1.83% compared to the same period last year[114]. - The company reported a total revenue of 544 million yuan for the first half of 2022, with a year-on-year growth of 2.40%[124]. Research and Development - The company emphasizes the importance of continuous R&D investment to maintain its competitive edge in the electronic chemicals industry[8]. - The company has allocated 50 million RMB for R&D in advanced materials technology over the next two years[25]. - The company has a dedicated R&D team of 148 personnel, including 3 PhDs, with many having over 10 years of experience in the field, ensuring robust product development and technological innovation[95]. - The company has established a three-tier product R&D strategy to ensure its technology meets future development needs over the next 3 to 5 years[93]. Market Risks and Challenges - The company faces growth risks due to potential declines in market demand for electronic chemicals such as inks, coatings, and photoresists[5]. - The ongoing COVID-19 pandemic continues to pose risks to the company's operations and overall performance due to its impact on the global economy[14]. - The company is facing growth risks due to potential declines in market demand for electronic chemicals such as inks and coatings[135]. - The company has rapidly expanded its business segments, which increases the demand for enhanced management integration capabilities to meet growth targets[144]. Customer Relationships and Sales Strategy - The company has established a strong customer base, including major brands like Huawei and Lenovo, transitioning from secondary mold factories to larger primary mold factories[80]. - Jiangsu Guangxin has maintained long-term partnerships with major brands such as Huawei, OPPO, and Samsung, with over 5 years of continuous supply to most of these clients[104]. - The sales strategy focuses on direct sales to customers, supported by a team of business, technical service, and R&D personnel to meet customer needs and provide technical support[76]. Environmental Compliance and Corporate Responsibility - The company has established waste gas treatment facilities and has implemented management systems to ensure compliance with environmental standards[158]. - The company has implemented measures to reduce carbon emissions, including adjusting production schedules to decrease peak electricity consumption[163]. - The company actively engages in corporate social responsibility, focusing on sustainable development and environmental protection, adhering to the principle of "green development"[168]. - The company has established online monitoring for wastewater, waste gas, and noise to ensure pollutant discharge meets standards[161]. Acquisitions and Goodwill - The company has recorded goodwill values of 53,380.24 million and 13,688.56 million from acquisitions, with a total impairment provision of 59,100.31 million already recognized[11]. - Jiangsu Kuangshun is exploring potential acquisitions to enhance its product portfolio and market reach, with a focus on companies in the electronic materials sector[25]. Employee Development and Safety - The company emphasizes employee development and safety, providing equal opportunities and a comprehensive performance evaluation system[165]. - The company has established a comprehensive safety management system, ensuring compliance with national safety production laws and regulations, with no safety production accidents reported during the reporting period[168]. Strategic Initiatives - The company plans to launch new specialized inks and coatings to maintain product performance and quality in the industry[136]. - The company is actively working to reduce the certification cycle risk for new products by providing high-quality products and services to existing customers while exploring new clients[137]. - The company has implemented a rapid response technical service team to meet the fast-paced demands of the specialized ink and coating industries[105].

Financial Performance - Total revenue for Q1 2022 was approximately ¥149.51 million, a decrease of 2.82% compared to the same period last year[3] - Net loss attributable to shareholders was approximately ¥11.49 million, representing a decline of 240.20% year-over-year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses was approximately ¥-12.36 million, a decrease of 258.11% compared to the previous year[3] - The gross profit margin for the quarter was approximately -9.4%, indicating a loss in gross profit compared to the previous year[18] - The company reported a net loss of RMB 11,095,684.32 for Q1 2022, compared to a net loss of RMB 1,079,824.19 in Q1 2021[18] - The net profit for the first quarter of 2022 was -11,890,727.12 CNY, compared to a net profit of 6,906,142.94 CNY in the same period last year, representing a significant decline[20] - Operating revenue for the first quarter was 88,560,877.18 CNY, down from 117,083,817.58 CNY year-over-year, indicating a decrease of approximately 24.4%[22] - The total comprehensive income for the first quarter was -11,944,010.38 CNY, compared to 6,906,142.94 CNY in the previous year, reflecting a substantial drop[21] - The company reported a basic and diluted earnings per share of -0.06 CNY, compared to 0.04 CNY in the same period last year[21] Cash Flow and Assets - Operating cash flow for the period was approximately ¥-2.93 million, an improvement of 80.66% from the previous year[7] - Cash and cash equivalents decreased by 58.54% to approximately ¥56.35 million due to increased cash payments during the reporting period[6] - Cash flow from operating activities showed a net outflow of -2,925,837.77 CNY, an improvement from -15,127,615.51 CNY in the same quarter last year[24] - Cash and cash equivalents at the end of the period were 51,966,090.83 CNY, down from 103,377,273.72 CNY at the end of the previous year, indicating a decrease of approximately 49.7%[26] - The total cash outflow from investing activities was -51,093,756.19 CNY, compared to a cash inflow of 23,270,300.45 CNY in the previous year, indicating a significant change in investment strategy[24] - The cash flow from financing activities resulted in a net outflow of -24,288,100.38 CNY, contrasting with a net inflow of 11,655,117.60 CNY in the same quarter last year[26] Assets and Liabilities - Total assets at the end of the reporting period were approximately ¥1.09 billion, down 5.73% from the end of the previous year[4] - The total assets as of March 31, 2022, were RMB 1,091,918,189.63, down from RMB 1,158,334,182.99 at the end of the previous year[17] - The total liabilities decreased to RMB 416,015,240.75 from RMB 469,087,223.73 in the previous year[15] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 26,679[8] - The top shareholder, Li Youming, holds 38.00% of the shares, totaling approximately 73.35 million shares[8] Operational Changes and Investments - The company completed a capital increase of RMB 1 million for its subsidiary, with the company contributing RMB 600,000 and the minority shareholder contributing RMB 400,000[10] - The company acquired a 20% stake in Shenzhen Lejian for RMB 1.8 million, increasing its ownership to 75%[10] - The company’s subsidiary received a "High-tech Enterprise Certificate" from the Jiangsu Provincial Science and Technology Department[11] - The company reported a significant increase in research and development expenses, totaling RMB 8,429,909.34 for the quarter[18] Operational Costs - The total operating costs increased to RMB 163,605,416.94, up 9.1% from RMB 149,924,079.06 in the previous year[18] - The company incurred a total operating expense of 95,913,451.75 CNY, down from 143,265,671.88 CNY year-over-year, showing a reduction in operational costs[24] Audit Status - The company has not undergone an audit for the first quarter report, which may affect the reliability of the financial data presented[26]

Financial Performance - The company reported a significant loss due to goodwill impairment of CNY 339.12 million related to subsidiaries Jiangsu Hongtai and Hunan Sunshine, leading to a substantial decline in performance [5]. - The company's operating revenue for 2021 was ¥618,902,409, a decrease of 17.82% compared to ¥753,140,651 in 2020 [35]. - The net profit attributable to shareholders was -¥410,562,249, representing a decline of 91.64% from -¥214,235,576 in the previous year [35]. - The cash flow from operating activities was ¥43,774,597, down 50.20% from ¥87,903,169 in 2020 [35]. - The total assets at the end of 2021 amounted to ¥1,158,334,182, a decrease of 22.81% from ¥1,500,587,720 in 2020 [35]. - The basic earnings per share for 2021 was -¥2.13, a decline of 91.89% compared to -¥1.11 in 2020 [35]. - The company reported a significant increase in non-operating losses, including a debt restructuring loss of -¥6,941,897 [42]. - The net profit attributable to shareholders in Q4 was -¥397,586,897.35, indicating a substantial loss in the last quarter [38]. - The company's asset-liability ratio increased to 40.50%, up 13.98% from the beginning of the period [129]. - The company achieved a revenue of 618.90 million yuan, a decrease of 17.82% compared to the previous year, with a gross profit margin of 27.22%, down 5.40% year-on-year [129]. Market and Industry Trends - The PCB ink industry is expected to grow due to the acceleration of urbanization, rising resident income, and the development of industries such as computers and consumer electronics, providing a broader market space for new product development [7]. - The electronic chemicals industry is experiencing rapid domestic substitution, with local companies gradually becoming industry leaders in various segments such as PCB electronic chemicals and photoresists [48]. - The demand for PCB inks is rising due to the growth in PCB production, with China becoming the world's leading PCB manufacturer, surpassing the Americas and Europe in output value [49]. - The specialized coating industry is growing rapidly, driven by the increasing demand for high-end consumer electronics and the expansion of new application areas such as wearable devices and smart home appliances [50]. - The market for environmentally friendly coatings is expanding, with a shift towards energy-saving and high-performance products in response to stricter environmental regulations [51]. - The electronic chemicals sector is essential for the advancement of the electronic information industry, impacting the upgrade speed of electronic components and products [54]. Product Development and R&D - The company emphasizes the importance of continuous R&D investment to maintain its competitive edge in the electronic chemicals market, facing risks if new products do not meet market needs [12]. - The company is focusing on new product development and market expansion strategies to improve future performance [45]. - The company has launched an annual production capacity of 8,000 tons of photosensitive new materials, which alleviates capacity bottlenecks in the ink business and supports further product structure optimization and market expansion [6]. - The company is focusing on R&D to develop higher quality and more environmentally friendly new coatings, which is a significant trend in the specialized coating industry [51]. - The company has established a strong procurement and production model, ensuring stable supply chains and efficient production processes to meet customer demands [91][92]. - The company has a dedicated R&D team of 176 personnel, including 3 with doctoral degrees, ensuring strong independent innovation capabilities in the ink, coating, and photoresist sectors [117]. - The company has implemented a three-tier product R&D strategy to ensure its technology can meet development needs for the next 3 to 5 years [116]. - The company is actively engaged in R&D for new products and technologies, focusing on high-temperature resistant coatings and environmentally friendly materials [109]. Production Capacity and Expansion - The company is expanding its production capacity with a new facility in South China, which is expected to produce 50,000 tons of electronic materials annually, but faces market risks if demand does not match the increased capacity [13]. - Jiangsu Guangxin's ink production capacity is designed at 8,000 tons/year with a utilization rate of 123.04%, and it plans to build an additional 16,000 tons/year capacity [110]. - The company's coating production capacity is designed at 10,350 tons/year with a utilization rate of 55.99%, with plans for an additional 15,000 tons/year capacity [110]. - The company has established East China and South China operation centers to leverage regional advantages for market operations, sales, and technical services [95]. - The company is constructing a project with an annual production capacity of 50,000 tons of electronic photosensitive materials and supporting materials [112]. Risks and Challenges - The company faces risks related to the certification cycle for new products, which can delay customer orders and impact profitability if the new products are not recognized by downstream clients [10]. - The ongoing COVID-19 pandemic poses a risk to the company's operations and performance, particularly if the situation worsens globally [18]. - The company is exposed to raw material price volatility risks, particularly for chemicals like resins and solvents, which could increase production costs [198]. - The company faces growth risks due to potential declines in market demand for electronic chemicals like inks and coatings, which could negatively impact sales and profitability [196]. - The company is addressing the risk of new product and customer certification cycles by actively engaging in sample certifications to reduce the risk of lengthy approval processes [197]. Environmental and Regulatory Compliance - The company has obtained various quality management system certifications, including ISO 9001:2015 and ISO 14001:2015, with validity extending to 2024 [113]. - The company is actively involved in environmental protection measures during project construction, adhering to the "three simultaneous" system [112]. - The company is committed to developing high-performance environmentally friendly products and replacing imports in the electronic chemical sector [184]. - The company is focusing on the development of water-based products to meet environmental regulations and enhance market competitiveness [153]. Customer Relationships and Sales - The company has established long-term cooperative relationships with major domestic brands like Huawei, OPPO, and Lenovo, enhancing its market influence [125]. - The sales process involves close collaboration between sales, technical service, and R&D teams to meet customer needs and ensure product customization [102]. - The company primarily serves manufacturers in consumer electronics, automotive parts, and cosmetic packaging, with a growing client base including major brands like Huawei and Lenovo [100][101].