格隆汇10月29日｜星辉环材公告，第三季度营收为3.34亿元，同比下降24.02%；净利润为1358.78万 元，同比下降35.08%。前三季度营收为10亿元，同比下降21.05%；净利润为3956.81万元，同比下降 44.29%。 ...

星辉环保材料股份有限公司 证券代码：300834 证券简称：星辉环材 公告编号：2025-036 星辉环保材料股份有限公司 关于召开2025年第二次临时股东大会的通知 本公司及董事会全体人员保证信息披露的内容真实、准确和完整，没有虚假记 载、误导性陈述或者重大遗漏。 一、召开会议的基本情况 1、股东会届次：2025年第二次临时股东大会 2、股东会的召集人：董事会 3、本次会议的召集、召开符合《中华人民共和国公司法》《深圳证券交易 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》等法律、行政法规、部门规章、规范性文件及《公司章程》 的有关规定。 4、会议时间： 5、会议的召开方式： 本次股东大会采用现场表决与网络投票相结合的方式召开。公司通过深圳证 券交易所系统和互联网投票系统（http://wltp.cninfo.com.cn）向全体股东提 供网络形式的投票平台，公司股东可以在网络投票时间内通过上述系统行使表决 权。 公司股东只能选择现场投票、深圳证券交易所交易系统投票、深圳证券交易 所互联网系统投票中的一种。同一表决权通过现场、交易系统和互联网重复投票 的，以第一 ...

证券代码：300834 证券简称：星辉环材 公告编号：2025-031 星辉环保材料股份有限公司 第三届监事会第十七次会议决议公告 本公司及监事会全体人员保证信息披露的内容真实、准确和完整，没有虚假记 载、误导性陈述或者重大遗漏。 一、监事会会议召开情况 星辉环保材料股份有限公司 1 星辉环保材料股份有限公司 在公司股东大会审议通过该议案之前，公司第三届监事会仍将严格按照有关法 律、法规和《公司章程》的规定继续履行相应的职能，维护公司和全体股东利益。 星辉环保材料股份有限公司（以下简称"公司"）第三届监事会第十七次会议 于 2025 年 10 月 29 日 10:30 在公司会议室以现场方式召开，会议通知已于 2025 年 10 月 17 日以专人送达、邮件、传真等方式送达全体监事，与会的各位监事已经知 悉与所议事项相关的必要信息。本次监事会会议应出席监事 3 名，实际出席会议监 事 3 名。本次会议由监事会主席杨小伦先生主持，公司相关高级管理人员列席了本 次会议。会议的召集和召开符合有关法律、行政法规、部门规章、规范性文件和公 司章程的规定。 二、监事会会议审议情况 会议采用记名投票的方式进行表决，经与会的 ...

星辉环保材料股份有限公司 证券代码：300834 证券简称：星辉环材 公告编号：2025-030 星辉环保材料股份有限公司 第三届董事会第十八次会议决议公告 本公司及董事会全体人员保证信息披露的内容真实、准确和完整，没有虚假 记载、误导性陈述或者重大遗漏。 一、董事会会议召开情况 会议采用记名投票的方式进行表决，经与会的董事表决，审议通过了以下议案： （一）审议通过《关于<2025 年第三季度报告>的议案》； 具体内容详见公司同日披露于中国证监会指定创业板信息披露网站的《2025 年第三季度报告》。 公司董事会审计委员会已审议通过了《2025 年第三季度报告》。 表决结果：同意 7 票，反对 0 票，弃权 0 票。 （二）审议通过《关于修订<公司章程>的议案》； 根据《中华人民共和国公司法》等法律法规的最新规定，公司将不再设监事会， 监事会的职权由董事会审计委员会行使，公司《监事会议事规则》相应废止，同时 对现行《公司章程》进行修订。 同时提请公司股东大会授权公司经营管理层办理章程修改、工商变更登记备案 等相关手续。修订后的《公司章程》在公司股东大会审议通过之后生效并实施。 1 星辉环保材料股份有限公司（以下 ...

Revenue and Profit - Q3 2025 revenue was CNY 334,324,922.43, a decrease of 24.02% year-over-year[4] - Net profit attributable to shareholders was CNY 13,587,766.92, down 35.08% compared to the same period last year[4] - The company reported a 44.29% decline in net profit year-to-date, totaling CNY 39,568,107.96[4] - Basic earnings per share decreased to CNY 0.07, down 36.36% year-over-year[4] - The total profit for the period was 39,568,107.96, a decrease from 71,029,095.53 in the previous period, representing a decline of approximately 44.4%[25] - The net profit margin for the current period was 3.5%, compared to 4.9% in the previous period, indicating a decrease in profitability[25] - The company reported basic earnings per share of 0.21, down from 0.37 in the previous period, representing a decline of 43.2%[25] Cash Flow - Cash flow from operating activities increased significantly to CNY 79,127,858.03, a rise of 921.82% year-to-date[4] - Cash flow from operating activities generated a net amount of 79,127,858.03, significantly up from 7,743,795.26 in the previous period, marking an increase of over 920%[26] - Cash flow from investing activities increased by CNY 297.9641 million, a growth of 76.19%, mainly due to cash management activities[14] - The cash flow from investment activities resulted in a net outflow of -93,108,280.40, an improvement from -391,072,364.73 in the previous period, indicating a reduction in cash outflow[26] - The net cash flow from financing activities was -23,706,566.45, a decrease from 417,651,790.74 in the previous period, indicating a significant reduction in cash inflow[27] Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,979,699,873.68, reflecting a 2.65% increase from the end of the previous year[4] - Total current assets decreased to ¥1,473,240,473.42 from ¥1,733,149,139.26, reflecting a reduction of approximately 15.03%[20] - Total non-current assets increased to ¥2,506,459,400.26 from ¥2,143,742,552.34, representing an increase of about 16.92%[21] - Total current liabilities increased to ¥1,028,626,126.43 from ¥908,269,618.57, marking a rise of about 13.21%[21] - Total liabilities increased to ¥1,033,918,082.54 from ¥913,937,242.98, reflecting an increase of approximately 13.14%[21] - Total equity attributable to shareholders decreased to ¥2,945,781,791.14 from ¥2,962,954,448.62, a decline of about 0.58%[22] Other Financial Metrics - Cash and cash equivalents net increase decreased by CNY 72.0280 million, a decline of 209.91%, primarily due to increased cash flow from investing activities[14] - Cash and cash equivalents decreased to ¥175,781,800.85 from ¥213,477,158.97, a reduction of approximately 17.66%[20] - The total cash and cash equivalents at the end of the period were 175,718,820.80, down from 484,189,058.49 in the previous period, a decrease of approximately 63.7%[27] - The company received cash from other financing activities amounting to 966,000,000.00, an increase from 746,000,000.00 in the previous period, reflecting a growth of about 29.5%[27] Changes in Specific Accounts - The company’s financial assets increased by CNY 115,165,133.57, a growth of 94.78% compared to the previous year[8] - Prepayments increased significantly by 620.59%, totaling CNY 56,241,716.07[10] - The company’s contract liabilities rose by 144.77%, reaching CNY 14,525,971.24[9] - Other non-current assets increased by 30.52%, amounting to CNY 1,669,798,941.49[9] - Contract liabilities increased by CNY 8.5914 million, a growth of 144.77%, mainly due to an increase in advance payments received[12] - Employee compensation payable decreased by CNY 1.5648 million, a reduction of 42.01%, primarily due to the issuance of bonuses for the year 2024[12] - Other payables increased by CNY 9.4155 million, a surge of 14,155.67%, mainly due to an increase in dividends payable to shareholders[12] Impairment and Income Changes - Other income decreased by CNY 4.0475 million, a reduction of 38.77%, mainly due to a decrease in government subsidies received[13] - Investment income decreased by CNY 6.3308 million, a decline of 68.76%, primarily due to cash management not maturing and income not being recognized[13] - Asset impairment losses increased by CNY 0.5125 million, a rise of 826.61%, mainly due to provisions for inventory write-downs[13]

星辉环保材料股份有限公司 证券代码：300834 证券简称：星辉环材 公告编号：2025-029 星辉环保材料股份有限公司 2025年半年度权益分派实施公告 本公司及董事会全体人员保证信息披露的内容真实、准确和完整，没有虚假记 载、误导性陈述或者重大遗漏。 特别提示： 1、根据《中华人民共和国公司法》规定，星辉环保材料股份有限公司（以下简 称"公司"）通过回购专用证券账户持有的公司股份 5,381,172 股不享有参与本次 权益分派的权利。公司 2025 年半年度权益分派方案为：以公司现有总股本剔除已回 购股份 5,381,172 股后的 188,331,181 股为基数，按照分配比例不变的原则，向全 体股东每 10 股派 0.50 元人民币现金（含税），不送红股，不以公积金转增股本， 共计派发现金股利 9,416,559.05 元，剩余未分配利润结转至以后年度分配。 2、因公司回购专用证券账户上的股份不参与本次权益分派，公司本次实际现金 分红的总金额=实际参与分配的股本×每股派发现金，即 9,416,559.05 元 =188,331,181 股×0.05 元/股。按公司总股本（含回购股份）折算的每 10 ...

Group 1: Investor Relations Activity - The investor relations activity was held on September 19, 2025, via an online platform, focusing on performance explanation [2] - The meeting was attended by key company executives, including the Chairman and General Manager [2] Group 2: Dividend Policy - The company plans to implement a mid-year dividend in 2025, distributing RMB 0.50 per 10 shares (including tax) [2][3] - Since its listing in 2022, the company has distributed a total of over RMB 580 million in cash dividends [4] Group 3: Financial Performance and Management - The company reported a net profit of RMB 97.21 million for the year 2024 [3] - The company raised RMB 2.6 billion, with RMB 300 million used for actual investments, RMB 1.1 billion for working capital, and RMB 1 billion for financial management [3] - Concerns were raised regarding declining sales revenue and profits, with suggestions to use financial management funds for stock buybacks [3] Group 4: Future Plans and Technology Integration - The company is integrating smart manufacturing technologies, including DCS for real-time monitoring and data collection [3] - There are no current plans to use excess funds for stock buybacks, but the company will comply with legal disclosure obligations if such plans arise [4]

Group 1 - The core viewpoint of the news is that Xinghui Environmental Materials Co., Ltd. has experienced a decline in stock performance and financial metrics, indicating potential challenges in its business operations [1][2]. - On September 12, Xinghui Environmental Materials' stock fell by 1.33%, with a trading volume of 43.78 million yuan. The net financing purchase on that day was 2.16 million yuan, with a total financing and securities balance of 54.27 million yuan, which is 1.18% of its market capitalization [1]. - The company has a high financing balance, exceeding the 70th percentile of the past year, indicating a relatively elevated level of leverage [1]. - As of June 30, the number of shareholders increased by 11.06% to 25,500, while the average circulating shares per person decreased by 9.96% to 2,703 shares [2]. Group 2 - For the first half of 2025, Xinghui Environmental Materials reported a revenue of 666 million yuan, a year-on-year decrease of 19.47%, and a net profit attributable to shareholders of 25.98 million yuan, down 48.14% year-on-year [2]. - Since its A-share listing, the company has distributed a total of 581 million yuan in dividends, with 154 million yuan distributed over the past three years [2]. - The company's main business involves the research, production, and sales of high polymer synthetic materials, specifically polystyrene (PS), with HIPS products accounting for 56.55% and GPPS products for 42.57% of its revenue [1].

申港证券股份有限公司 关于星辉环保材料股份有限公司 2025 年半年度跟踪报告 | 保荐人名称：申港证券股份有限公司 | 被保荐公司简称：星辉环材 | | --- | --- | | 保荐代表人姓名：潘杨阳 | 联系电话：021-20639666 | | 保荐代表人姓名：欧俊 | 联系电话：021-20639666 | 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 | | | （1）是否督导公司建立健全规章制度（包括 | | | 但不限于防止关联方占用公司资源的制度、募 | 是 | | 集资金管理制度、内控制度、内部审计制度、 | | | 关联交易制度） | | | （2）公司是否有效执行相关规章制度 | 是 | | 3、募集资金监督情况 | | | （1）查询公司募集资金专户次数 | 次（每月查询） 6 | | （2）公司募集资金项目进展是否与信息披露 | 是 | | ...

Financial Performance - The company reported a net profit of 25.98 million yuan for the first half of 2025, a decrease of 48.14% year-on-year [1] - Total operating revenue for the same period was 666 million yuan, down 19.47% compared to the previous year [1] - The gross profit margin fell to 2.87%, a decline of 42.77% year-on-year, while the net profit margin decreased to 3.90%, down 35.60% [1] - In Q2 2025, operating revenue was 344 million yuan, a decrease of 25.75% year-on-year, and net profit was 7.60 million yuan, down 72.91% [1] Cash Flow and Financial Ratios - The company's cash flow situation is concerning, with cash and cash equivalents at 231 million yuan, a drop of 44.79% year-on-year [3] - The return on invested capital (ROIC) for the previous year was 1.14%, indicating weak capital returns [3] - The average operating cash flow over the past three years relative to current liabilities is only 12.41% [3] Product and Market Insights - The company focuses on HIPS (High Impact Polystyrene) and GPPS (General Purpose Polystyrene) products, with HIPS sales revenue increasing by 14.05% year-on-year to 1.007 billion yuan [4] - HIPS products are positioned as high-value, environmentally friendly materials used in various high-end applications, while GPPS is used in toys and packaging [4][5] - The company has developed a unique production technology for HIPS, enhancing efficiency and reducing costs [4] Future Plans and Strategic Direction - The company plans to explore new technologies and materials, focusing on high-value polymer materials [7] - There are intentions to adjust development strategies and explore mergers and acquisitions to enhance profitability and competitive capabilities [7]