方正证券承销保荐有限责任公司 关于江苏斯迪克新材料科技股份有限公司 首次公开发行股票并在创业板上市持续督导保荐总结报告书 经中国证券监督管理委员会《关于核准江苏斯迪克新材料科技股份有限公司 首次公开发行股票的批复》（证监许可[2019]2144 号）核准，并经深圳证券交易 所同意，江苏斯迪克新材料科技股份有限公司（以下简称"斯迪克"或"公司"） 向社会公众首次公开发行人民币普通股（A 股）2,921 万股，发行价格 11.27 元/ 股，募集资金总额 32,919.67 万元，扣除各项发行费用 4,496.50 万元（不含税）， 募集资金净额 28,423.17 万元。募集资金已于 2019 年 11 月 19 日划至公司募集资 金专户。上述首次公开发行股票募集资金（以下简称"募集资金"）到位情况已 由容诚会计师事务所（特殊普通合伙）审验，并于 2019 年 11 月 19 日出具了"会 验字[2019]8052 号"《验资报告》。此次发行证券于 2019 年 11 月 25 日在深圳证 券交易所创业板上市。平安证券股份有限公司作为公司首次公开发行股票并在创 业板上市的保荐机构（以下简称"平安证券"或"原保荐 ...

方正证券承销保荐有限责任公司 关于江苏斯迪克新材料科技股份有限公司 2023 年年度跟踪报告 | 保荐机构名称：方正证券承销保荐有限责任 | 被保荐公司简称：斯迪克 | | --- | --- | | 公司 | | | 保荐代表人姓名：谢江鹏 | 联系电话：010-56991899 | | 保荐代表人姓名：王子 | 联系电话：010-56991899 | 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 | | | | 是，针对逾期归还闲置募集资金暂时 | | （1）是否督导公司建立健全规章制度（包括但 | 补充流动资金事项（具体情况见"二、 | | 不限于防止关联方占用公司资源的制度、募集 | 保荐机构发现公司存在的问题及采取 | | 资金管理制度、内控制度、内部审计制度、关 | 的措施-5.募集资金存放及使用"），已 | | 联交易制度） | 要求公司进一步完善募集资金管 ...

Investment Rating - The report maintains a "Buy-A" investment rating for the company [5][6]. Core Views - The company's performance is under short-term pressure due to the high-end product investment phase, with significant declines in net profit [3]. - The OCA optical adhesive product is gradually ramping up production, indicating potential for revenue and gross margin improvement [4]. Financial Performance Summary - In 2023, the company reported revenue of 1.969 billion, a year-on-year increase of 4.86%, while net profit was 56.1 million, down 66.64% year-on-year [2][3]. - For Q1 2024, revenue reached 664 million, reflecting a 37.4% year-on-year growth, but net profit decreased by 7.74% to 19 million [2]. Product Development and Market Position - The company is focusing on high-end products and has increased R&D investment by 55.32% in 2023, amounting to 197.3 million [4]. - The OCA optical adhesive is a key material for touch screens and optical films, with the company achieving breakthroughs against international competitors, suggesting a shift towards domestic alternatives [4]. Future Projections - Revenue projections for 2024 to 2026 are estimated at 2.539 billion, 3.403 billion, and 4.594 billion respectively, with net profits expected to be 191 million, 357 million, and 606 million [5][12]. - The report sets a target price of 10.54 for the next six months, based on a 25x PE ratio for 2024 [5][6].

买入 （维持） 目标价格 10.60 元 总股本/流通 A 股（万股） 45,330/27,563 A 股市值（百万元） 3,876 国家/地区 中国 行业 电子 报告发布日期 2024 年 04 月 24 日 绝对表现% 5.04 -13.98 -19.11 -47 沪深 300% -1.23 -0.66 7.46 -11.58 执业证书编号：S0860523080004 执业证书编号：S0860524030001 公司主要财务信息 营业收入(百万元) 1,877 1,969 2,552 3,288 4,006 同比增长(%) -5.4% 4.9% 29.6% 28.8% 21.8% 营业利润(百万元) 183 45 138 270 437 同比增长(%) -24.0% -75.5% 207.5% 95.0% 62.1% 归属母公司净利润(百万元) 168 56 120 238 389 同比增长(%) -19.9% -66.6% 113.9% 98.6% 63.3% 每股收益（元） 0.37 0.12 0.26 0.53 0.86 毛利率(%) 29.7% 27.3% 29.6% 31.3% 32.5% 净 ...

Investment Rating - The report maintains a rating of "Outperform" for the company [18]. Core Views - The company reported a revenue of 1.969 billion yuan in 2023, a year-on-year increase of 5%, but the net profit attributable to shareholders decreased by 66.6% to 56 million yuan [18]. - The company is experiencing short-term performance pressure due to increased R&D expenses, which rose by 55% to 197 million yuan, accounting for 10.02% of revenue [18]. - Despite the challenges, there is optimism regarding the acceleration of high-value products such as OCA optical films and other materials, which are expected to contribute positively to revenue growth in the coming years [18]. Summary by Sections Financial Performance - In 2023, the company achieved total revenue of 1.969 billion yuan, with a net profit of 56 million yuan, reflecting a significant decline in profitability [12][18]. - The gross profit margin was reported at 27.25%, down 2.44 percentage points year-on-year, while the net profit margin was 2.85%, down 6.05 percentage points [18]. - For Q1 2024, the company reported revenue of 664 million yuan, a year-on-year increase of 37%, and a net profit of 19 million yuan, showing a slight decline of 8% year-on-year [18]. Product Performance - The company's electronic-grade adhesive materials generated revenue of 859 million yuan in 2023, with a gross margin of 45.48% [18]. - Functional film materials achieved revenue of 527 million yuan, with a gross margin of 23.13%, while film packaging materials saw a revenue decline to 405 million yuan, with a gross margin of only 1.34% [18]. Future Outlook - The company is focusing on vertical integration and expanding production capacity for high-end products, particularly in the optical film and adhesive sectors [18]. - The report anticipates that the company's net profit will recover to 158 million yuan in 2024, with further growth expected in subsequent years, projecting a net profit of 446 million yuan by 2026 [18].

证券代码：300806 证券简称：斯迪克 公告编号：2024-038 江苏斯迪克新材料科技股份有限公司 关于获得政府补助的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 一、获取补助的基本情况 江苏斯迪克新材料科技股份有限公司（以下简称"公司"）以及全资子公司 斯迪克新型材料（江苏）有限公司（以下简称"斯迪克江苏"）、太仓斯迪克新 材料科技有限公司（以下简称"斯迪克太仓"）近期获得政府补助资金人民币 914,500.00 元。截止本公告日，上述政府补助资金已经全部到账，根据《深圳证 券交易所创业板股票上市规则》、《深圳证券交易所创业板上市公司自律监管指 南第 2 号——公告格式》，本次披露的政府补助不包括将计入经常性损益的政府 补助 27,000,000.00 元（基础设施及设备补贴），且补助金额未达到规定的披露 标准，为保障公司获得的政府补助及时披露，公司自愿披露获得的政府补助情况 如下： | 序号 | 获得补助的 | 提供补助 | 获得补助的 | 收款 | 补助金额 | 补助依据 | 会计 | 补助 | | --- | --- | --- | --- ...

Financial Performance - The company's revenue for Q1 2024 reached ¥663,571,141.42, representing a 37.40% increase compared to ¥482,965,583.71 in the same period last year[5] - Net profit attributable to shareholders decreased by 7.74% to ¥18,638,110.39 from ¥20,202,112.10 year-on-year[5] - The net profit after deducting non-recurring gains and losses dropped significantly by 67.06% to ¥4,963,339.11 from ¥15,066,587.68[5] - The company reported a total comprehensive income for Q1 2024 of ¥18,581,178.24, compared to ¥19,886,466.29 in the same period last year, reflecting a decline of 6.6%[19] - Net profit for Q1 2024 was CNY 18,634,823.98, a decrease of 7.8% from CNY 20,199,534.97 in Q1 2023[18] Cash Flow - Operating cash flow improved dramatically, with a net cash flow from operating activities of ¥32,981,918.83, compared to a negative cash flow of ¥79,398,843.81 in the previous year, marking a 141.54% increase[5] - Cash inflow from operating activities increased to ¥418,708,195.75 in Q1 2024, up 15.5% from ¥362,691,591.98 in Q1 2023[21] - Cash outflow from operating activities decreased to ¥385,726,276.92 in Q1 2024, down 12.7% from ¥442,090,435.79 in Q1 2023[22] - The company incurred a net cash outflow from investing activities of ¥146,259,098.50 in Q1 2024, compared to a net outflow of ¥198,326,067.39 in Q1 2023[22] - Cash inflow from financing activities was ¥667,163,621.83 in Q1 2024, an increase of 16.3% from ¥573,634,068.44 in Q1 2023[22] Assets and Liabilities - The company's total assets at the end of the reporting period were ¥7,290,852,280.42, a slight increase of 0.99% from ¥7,219,270,385.03 at the end of the previous year[5] - Current assets totaled CNY 2,203,926,432.92, slightly up from CNY 2,169,797,150.26 at the start of the year[16] - The company's cash and cash equivalents decreased to CNY 269,775,781.07 from CNY 370,960,916.28, a decline of 27.3%[16] - Total liabilities amounted to CNY 5,096,081,017.47, an increase from CNY 5,041,526,818.05 at the beginning of the year[16] - Long-term borrowings rose to CNY 2,018,384,849.73, up from CNY 1,898,532,034.73, indicating a growth of 6.5%[16] Research and Development - Research and development expenses increased by 38.68% to ¥54,985,602.74, reflecting significant investment in optical and new energy sectors[8] - The company reported R&D expenses of CNY 54,985,602.74, an increase of 38.5% compared to CNY 39,650,569.25 in the previous year[18] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 14,733, with the largest shareholder holding 33.30% of the shares[9] - The company reported a total of 186,603,287 shares with 8,963,588 shares released from restrictions during the first quarter of 2024[12] - The largest shareholder, Jin Chuang, holds 150,942,357 shares, with 147,567,508 shares being pre-IPO restricted shares[12] - The company has a significant number of shares held by top shareholders, with the top 10 shareholders collectively holding 38.54% of the total shares[12] - The company announced a share buyback plan on March 14, 2024, indicating a commitment to enhancing shareholder value[13] Stock and Share Restrictions - The company plans to release 3,374,849 shares from restrictions on June 27, 2024, and 147,567,508 shares on November 24, 2024[12] - The company has engaged in non-trading transfers of shares by pre-IPO shareholders, which were completed on March 26, 2024[13] - The company has a total of 295,142 shares held by other executives that are subject to lock-up agreements[12] - The company has a total of 8,827,396 shares held by other 38 shareholders that are not applicable for restrictions[12] - The company has reported no changes in the number of shares held by major shareholders due to margin trading activities[12] - The company has a total of 63,840 shares held by several executives that are also subject to lock-up agreements[12] Earnings Per Share - The company’s basic and diluted earnings per share remained stable at ¥0.04 for both Q1 2024 and Q1 2023[19] Audit Status - The company has not undergone an audit for the Q1 2024 report[23]

RSM 容诚 非经营性资金占用及其他关联资金 往来情况专项说明 江苏斯迪克新材料科技股份有限公司 容诚专字|2024]230Z1261 号 容诚会计师事务所(特殊普通合伙) 中国 · 北京 关于江苏斯迪克新材料科技股份有限公司 m 非经营性资金占用及其他关联资金往来情况专项说明 # 容诚专字[2024]230Z1261 号 江苏斯迪克新材料科技股份有限公司全体股东: 我们接受委托,依据中国注册会计师审计准则审计了江苏斯迪克新材料科技 股份有限公司(以下简称斯迪克)2023年12月31日的合并及母公司资产负债表, 2023 年度的合并及母公司利润表、合并及母公司现金流量表和合并及母公司所有 者权益变动表以及财务报表附注,并于 2024年 4 月 18 日出具了容诚审字 [2024]230Z1514 号的无保留意见审计报告。 根据中国证券监督管理委员会《上市公司监管指引第 8 号 -- 上市公司资金 往来、对外担保的监管要求》的要求及深圳证券交易所《深圳证券交易所创业板上 市公司自律监管指南第 1 号 -- 业务办理》的规定,斯迪克管理层编制了后附的 江苏斯迪克新材料科技股份有限公司 2023年度非经营性资金占用 ...

证券代码：300806 证券简称：斯迪克 公告编号：2024-020 江苏斯迪克新材料科技股份有限公司 第五届监事会第二次会议决议公告 本公司及监事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 一、监事会会议召开情况 江苏斯迪克新材料科技股份有限公司第五届监事会第二次会议于 2024 年 4 月 18 日以现场会议结合通讯的方式在公司会议室召开，会议通知于 2023 年 4 月 7 日以短信或电子邮件的方式送达。本次会议由监事会主席谈正勇先生主持，会 议应出席监事 3 名，实际出席监事 3 名。本次会议的通知及召开均符合《中华人 民共和国公司法》（以下简称"《公司法》"）及《江苏斯迪克新材料科技股份 有限公司章程》（以下简称"《公司章程》"）的规定。 二、监事会会议审议情况 1、审议通过《关于公司<2023 年度监事会工作报告>的议案》 经与会监事审议，同意通过《2023 年度监事会工作报告》。 具体内容详见公司同日披露于巨潮资讯网（http://www.cninfo.com.cn）上 的《2023 年度监事会工作报告》。 表决结果：3 票同意，0 票反对，0 票弃权。 ...

方正证券承销保荐有限责任公司 关于江苏斯迪克新材料科技股份有限公司 2023 年度内部控制自我评价报告的核查意见 方正证券承销保荐有限责任公司（以下简称"方正承销保荐"、"保荐机构"） 作为江苏斯迪克新材料科技股份有限公司（以下简称"斯迪克"、"公司"）持续 督导的保荐机构，根据《证券发行上市保荐业务管理办法》《深圳证券交易所创 业板股票上市规则》以及《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》等相关法律、法规和规范性文件的要求，对斯迪克《2023 年度内部控制自我评价报告》进行了核查，具体情况如下： 一、保荐机构进行的核查工作 方正承销保荐保荐代表人认真审阅了斯迪克《2023年度内部控制自我评价报 告》，通过与斯迪克高级管理人员及相关人员进行沟通访谈，查阅斯迪克股东大 会、董事会、监事会等会议文件以及各项业务和管理规章制度的方式，从斯迪克 内部控制环境、内部控制制度建设、内部控制执行情况等方面对其内部控制的完 整性、合理性及有效性等方面进行了核查。 二、内部控制评价工作情况 （一）内部控制评价范围 公司按照风险导向原则，同时兼顾全面性及重要性原则，确定纳入评价范 围的公司、业 ...