Core Viewpoint - The fire incident at Jiangxi Yangfan's workshop may impact the supply of light curing agent intermediates, particularly affecting the production of light curing agent 907, which is crucial for various applications including PCB inks and fine chemicals [3][4]. Group 1: Incident Overview - On June 9, 2025, a fire occurred at Jiangxi Yangfan, a wholly-owned subsidiary of Yangfan New Materials, resulting in one employee sustaining minor burns [3]. - The local emergency management bureau has mandated Jiangxi Yangfan to halt production and operations for rectification [3]. Group 2: Production Capacity and Revenue Impact - Jiangxi Yangfan has an intermediate production capacity of 3,170 tons, contributing approximately 47.3% of Yangfan New Materials' total revenue of 346 million yuan in 2024 [3]. - The company also has additional production capacities in Inner Mongolia (15,275 tons) and a new facility in Zhejiang (2,200 tons) [3]. Group 3: Market Demand and Supply Dynamics - The demand for light curing agent 907 is driven by the PCB industry, which is experiencing growth due to the recovery in electronic consumer products and the rising computational needs of emerging industries like AI [4]. - Major suppliers of light curing agent 907 in China include Jiurich New Materials and Yangfan New Materials, with the latter relying on intermediates like mercaptan compounds for production [4]. Group 4: Price Trends and Market Outlook - The market for light curing agents has seen continuous growth in production and sales, although prices have fluctuated significantly due to regulatory policies and external factors [5]. - Following a period of price decline from 2020 to 2023, the prices of light curing agents are expected to stabilize and potentially recover as unfavorable factors dissipate, benefiting leading companies in the industry [5].

Core Viewpoint - The company announced a fire incident at its wholly-owned subsidiary, Jiangxi Yangfan New Materials Co., Ltd., on June 9, 2025, in workshop 109, and has activated its emergency response plan to evacuate personnel and assist firefighting efforts [1] Group 1 - The fire occurred at Jiangxi Yangfan New Materials Co., Ltd., which is a wholly-owned subsidiary of the company [1] - The company promptly initiated an emergency response plan following the incident [1] - Personnel were evacuated, and the company cooperated with firefighting departments for rescue operations [1]

证券代码：300637 证券简称：扬帆新材 公告编号：2025-026 扬帆新材料（浙江）股份有限公司 关于全资子公司发生火灾事故的公告 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。 年度经营业绩产生一定的影响。江西扬帆后期将全面开展设备维修及安全隐患排 查工作，并将统筹调整生产流程和布局，最大限度保障客户订单交付，公司将采 取一切必要措施降低损失。 公司将认真吸取本次火灾事故教训，深入开展公司及下属各子公司全面安全 检查，加强安全生产管理，防止此类事故的再次发生。 一、全资子公司火灾事故说明 此外，公司将根据本次事故的进展，及时按照相关规定履行信息披露义务， 敬请广大投资者注意投资风险。 三、备查文件 2025 年 6 月 9 日晚上 8 时左右，扬帆新材料（浙江）股份有限公司（以下 简称"公司"）全资子公司江西扬帆新材料有限公司（以下简称"江西扬帆"）的 109 车间发生一起火灾事故。 事故发生后，公司立即启动突发应急预案，迅速采取措施疏散人员，并全力 配合当地消防部门实施现场灭火救援。在当地消防应急等部门共同努力下，相关 火情已获得控制并扑灭。本次事故 ...

证券代码：300637 证券简称：扬帆新材 公告编号：2025-025 扬帆新材料（浙江）股份有限公司 一、公司名称变更的说明 公司于 2025 年 4 月 23 日召开第五届董事会第二次会议，于 2025 年 5 月 16 日召开 2024 年年度股东大会，审议通过了《关于拟变更公司名称及修订<公司章 程>的议案》。具体内容详见 2025 年 4 月 25 日、2025 年 5 月 16 日在巨潮资讯 网（http://www.cninfo.com.cn）披露的相关公告。公司变更公司名称，证券简称、 证券代码不变，具体如下： | 项目 | 变更前 | 变更后 | | --- | --- | --- | | 中文名称 | 浙江扬帆新材料股份有限公司 | 扬帆新材料（浙江）股份有限公司 | | 英文名称 | ZHE JIANG YANG FAN NEW | Yangfan New Materials (Zhejiang) | | | MATERIALS CO.,LTD. | Co., Ltd. | | 证券简称 | 扬帆新材（不变） | | | 英文简称 | Yangfan New Materials（不变） ...

证券代码：300637 证券简称：扬帆新材 公告编号：2025-024 浙江扬帆新材料股份有限公司 关于为子公司提供担保的公告 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。 一、担保情况概述： 浙江扬帆新材料股份有限公司（以下简称"公司"）于 2025 年 4 月 23 日召开了第 五届董事会第二次会议、第五届监事会第二次会议，审议通过了《关于 2025 年度对外 担保额度预计的议案》。该议案已经公司 2025 年 5 月 16 日召开的 2024 年年度股东大会 审议通过。 为满足公司及合并报表范围内的子公司日常经营和业务发展资金需要，提高公司融 资决策效率，公司计划在授权期限内为合并报表范围内的内蒙古扬帆新材料有限公司、 浙江寿尔福化工贸易有限公司、江西扬帆新材料有限公司担保合计最高余额不超过折合 人民币 8 亿元。 担保授权期限自公司 2024 年年度股东大会审议通过之日起至公司 2025 年年度股东 大会召开之日止。该额度在以上期限内可循环使用。具体内容详见同日登载于巨潮资讯 网的《关于 2025 年度对外担保额度预计的公告》（2025-016）。 ...

浙江六和律师事务所 关于浙江扬帆新材料股份有限公司2024年年度股东大会 法律意见书 浙六和法意(2025)第739号 致:浙江扬帆新材料股份有限公司 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》"）和中国证券监督管理委员会发布的《上市公司 股东大会规则》（下称"《规则》"）等法律法规、规范性文件以及《浙江扬帆 新材料股份有限公司章程》（下称"《公司章程》"）《浙江扬帆新材料股份有 限公司股东大会议事规则》（下称"《议事规则》"）的规定，浙江六和律师事 务所接受浙江扬帆新材料股份有限公司 (以下简称"公司")委托，指派金文杰律 师、宁平律师(以下简称"本所律师")出席公司于2025年5月16日14:00在浙江省 杭州市滨江区信诚路31号扬帆大厦三楼会议室召开的2024年年度股东大会（下 称"本次股东大会"），对本次股东大会的召集、召开程序、出席会议人员资 格、会议表决方式和程序以及会议决议的有效性等事宜出具本法律意见书。 为出具本法律意见书，本所律师对本次股东大会所涉及的有关事项进行了 审查，查阅了本所律师认为出具本法律意见书所必需的文件、资料，并对有关 事实 ...

证券代码：300637 证券简称：扬帆新材 公告编号：2025-023 3.本次股东大会以现场投票和网络投票相结合的方式召开。 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：2025 年 5 月 16 日（星期五）下午 14:00 点； 浙江扬帆新材料股份有限公司 2024 年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.本次股东大会未出现否决议案的情况； 2.本次股东大会无涉及变更以往股东大会已通过的决议； 2、网络投票时间：①通过深圳证券交易所（以下简称"深交所"）交易系统 进行网络投票的具体时间为：2025 年 5 月 16 日 9:15-9:25,9:30-11:30 和 13:00-15:00；②通过深交所互联网投票系统投票的具体时间为：2025 年 5 月 16 日 9:15-15:00。 3、现场会议召开地点：浙江省杭州市滨江区信诚路 31 号扬帆大厦三楼会议 室 4、会议召集人：公司董事会 5、会议召开方式：现场投票和网络投票相结合的方式 6、会议主持人：董事长樊彬 7、会议召开的合法 ...

Core Viewpoint - The company is optimistic about the future of the radiation curing industry, driven by technological advancements, policy support, and market expansion opportunities [3][4]. Industry Outlook - Technological advancements in radiation curing, particularly in light curing technology, are expected to drive industry innovation, offering efficiency, cost-effectiveness, and environmental benefits [3]. - The market share of light curing technology in inks and coatings remains low, indicating significant future growth potential [3]. - National policies are supporting the upgrade of the industry by including high-end light initiators and new light curing materials in relevant guidance directories [3]. - The application of light initiators is expanding from traditional printing to high-tech industries such as optoelectronics, information and communication, and 3D printing [3]. Market Competition - The radiation curing industry is experiencing increased production capacity, leading to fierce competition and a supply-demand imbalance, particularly in 2024 [4]. - Major competitors in the light initiator sector include the company, IGM, Jiu Ri New Materials, Qiangli New Materials, and Gurin Technology, with expectations for increased industry concentration [4]. - The company maintains a stable market share due to its comprehensive product series and advanced production technology, despite short-term competition in the dye industry [4]. Company Strategies - The company is optimizing its organizational structure and governance to enhance operational efficiency and integrate its resources effectively [5]. - It is implementing an incentive mechanism linking employee income to production base revenue and profits, aiming to improve profitability [5]. - The company is adjusting its production lines to focus on high-demand products and increasing R&D investment in new products and technologies [5][6]. - It plans to enhance brand recognition and expand into overseas markets to increase its international presence [7]. Financial Performance - In Q1 2025, the company reported a main revenue of 232 million yuan, a year-on-year increase of 74.6%, and a net profit attributable to shareholders of 10.05 million yuan, up 174.81% [9]. - The company's gross profit margin stands at 17.96%, with a debt ratio of 46.42% [9].

Group 1: Industry Outlook - The radiation curing industry is experiencing technological advancements that enhance efficiency, cost-effectiveness, and environmental friendliness, with significant potential for growth in the UV LED light source market [2][3] - National policies are supporting industry upgrades by including high-end photoinitiators and new photopolymer materials in relevant guidance directories, which is expected to drive continuous transformation [3] - The application of photoinitiators is expanding from traditional printing to high-tech industries such as optoelectronics, information and communication, and 3D printing [3] Group 2: Market Competition - The photoinitiator market is currently facing oversupply and intense competition, with the overall market expected to be in a cyclical low in 2024, leading to a gradual balance between supply and demand for certain products [4] - Major competitors in the radiation curing industry include the company, IGM, Jiu Ri New Materials, Qiangli New Materials, and Gurin Technology, with an anticipated increase in industry concentration [4] - The company maintains a stable market share due to advanced production technology and high environmental standards, despite short-term disruptions in the pharmaceutical, pesticide, and dye industries [4] Group 3: Company Strategies - The company is optimizing its organizational structure to enhance governance and integrate resources across seven functional centers, aiming to create a capable team [5] - An incentive mechanism is being implemented to link employee income with revenue and profit from production bases, promoting efficiency and project management [5] - The company is adjusting production lines and focusing on new product development to capture advantageous market segments [5][6] Group 4: Research and Development - The company has invested in R&D, with expenses of 37.6 million, 40.8 million, and 40.4 million over the past three years, maintaining around 5% of revenue [6] - Future R&D efforts will focus on phosphorus-containing flame retardants, new photopolymer products, and pesticide intermediates, with plans to increase production capacity in 2025 [6] Group 5: International Market Expansion - The company's export revenue has been less than 20% of total revenue, with a slight increase expected in 2024 due to global economic conditions [6][7] - The company is actively expanding its overseas market presence through participation in international trade shows and strengthening relationships with distributors and end-users [7] Group 6: Future Development Goals - The company aims to solidify its market position while actively developing in the phosphorus fine chemicals sector, with a strategic goal of becoming a leading supplier of sulfur-phosphorus chemical new materials [7] - The 2025 operational plan includes enhancing strategic decision-making capabilities and focusing on key technological breakthroughs and resource integration [7]

本次会议由监事会主席李俊召集并主持，董事会秘书及部分高级管理人员列 席会议。经与会监事审议，审议通过如下议案： 一、审议通过《关于 2025 年第一季度报告的议案》 证券代码：300637 证券简称：扬帆新材 公告编号：2025-022 浙江扬帆新材料股份有限公司 第五届监事会第三次会议决议公告 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。 浙江扬帆新材料股份有限公司第五届监事会第三次会议于 2025 年 4 月 25 日下午在浙江省杭州市滨江区信诚路 31 号扬帆大厦 5 楼会议室召开。公司已于 会议召开 48 小时前以通讯方式通知全体监事。会议应出席监事 3 名，实际出席 监事 3 名。会议召开符合《中华人民共和国公司法》及相关法律、法规、规章及 《浙江扬帆新材料股份有限公司章程》的规定。 2025 年 4 月 26 日 监事会认为：公司 2025 年第一季度报告的编制和审议程序符合相关法律、 法规和公司内部各项制度的规定；报告内容真实、准确、完整地反映了公司 2025 年第一季度经营的实际情况，不存在任何虚假记载、误导性陈述或者重大遗漏。 表决情况：3 ...