证券代码：300848 证券简称：美瑞新材 公告编号：2025-077 美瑞新材料股份有限公司 关于使用部分闲置募集资金进行现金管理的进展公告 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。 美瑞新材料股份有限公司（以下简称"公司"）于2025年3月15日召开第四届董事会第四 次会议、第四届监事会第四次会议，审议通过了《关于使用部分闲置募集资金进行现金管理 的议案》，同意公司在确保不影响募集资金投资项目建设和募集资金安全的情况下，使用合 计不超过1.95亿元（含本数）的闲置募集资金进行现金管理，上述额度有效期自董事会审议 通过之日起一年内有效，在前述额度和期限范围内可循环滚动使用。闲置募集资金现金管理 到期后将及时归还至募集资金专户。并授权董事长或董事长授权的其他人士行使该项投资决 策权及签署相关合同文件，并由财务部负责具体的购买事宜。具体内容详见公司披露于巨潮 资讯网（www.cninfo.com.cn）的《关于使用部分闲置募集资金进行现金管理的公告》（公告 编号：2025-012）。 近日，因募集资金现金管理的需要，公司开立了募集资金现金管理专用结算账户， ...

Group 1 - The core announcement is about the lifting of restrictions on shares of Meirui New Materials Co., Ltd., which will allow for the circulation of previously restricted shares [1] - The number of shares being released from restriction is 13,698,824 shares, which represents 3.20% of the company's total share capital [1] - The shares will be available for trading starting from September 29, 2025 [1]

证券代码：300848 证券简称：美瑞新材 公告编号：2025-076 美瑞新材料股份有限公司 关于以简易程序向特定对象发行股票解除限售股份 并上市流通的提示性公告 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。 重要内容提示： 1、本次解除限售股份为美瑞新材料股份有限公司(以下简称"公司")2024 年度以简易 程序向特定对象发行股票的限售股份。本次限售股份解禁数量为 13,698,824 股，占公司总 股本的 3.20%。 2、本次解除限售股份的上市流通日期为 2025 年 9 月 29 日(星期一)。 一、本次申请解除限售股份的基本情况 经中国证券监督管理委员会《关于同意美瑞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[2025]343 号）核准，并经深圳证券交易所同意，本公司由主承销 商中德证券有限责任公司采用竞价发行的方式发行人民币普通股（A 股）13,698,824 股， 发行价格为每股 14.38 元，新增股份于 2025 年 3 月 27 日在深圳证券交易所创业板上市。 经本次向特定对象发行股票后，公司的股本由 414,188, ...

中德证券有限责任公司 关于美瑞新材料股份有限公司 以简易程序向特定对象发行股票解除限售股份并上市流通 的核查意见 中德证券有限责任公司（以下简称"中德证券"或"保荐机构"）作为美瑞 新材料股份有限公司（以下简称"美瑞新材"或"公司"）持续督导保荐机构， 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》 《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》 等有关规定，对公司以简易程序向特定对象发行股票解除限售股份并上市流通 的事项进行了核查，具体情况如下： 一、本次申请解除限售股份的基本情况 经中国证券监督管理委员会《关于同意美瑞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[2025]343 号）核准，并经深圳证券交易所同 意，公司由主承销商中德证券有限责任公司采用竞价发行的方式发行人民币普 通股（A股）13,698,824股，发行价格为每股 14.38 元，新增股份于 2025年 3月 27 日在深圳证券交易所创业板上市。经本次向特定对象发行股票后，公司的股本 由 414,188,803 股增加为 427,887,627 股。 截至本核查意见出具 ...

美瑞新材料股份有限公司 2025 年第一次临时股东会决议公告 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。 证券代码：300848 证券简称：美瑞新材 公告编号：2025-075 特别提示： 1、本次股东会未出现否决议案的情况； 2、本次股东会不涉及变更以往股东会已通过的决议。 一、会议召开和出席的情况 1、会议召开情况 （1）会议召开时间： ①现场会议召开时间：2025年9月24日下午14:30 ②网络投票时间：2025年9月24日 其中，通过深圳证券交易所交易系统进行网络投票的时间为2025年9月24日的交易时间， 即9:15—9:25，9:30—11:30和13:00—15:00； 通过深圳证券交易所互联网系统投票的具体时间为2025年9月24日上午9:15至下午15:00 的任意时间。 （2）会议召开方式：本次股东会采取现场表决与网络投票相结合的方式。 （1）出席会议的总体情况：通过现场和网络出席的股东和股东代表共125人，代表股份 319,429,875股，占公司股份总数427,887,627股的74.6527％。其中，通过现场和网络投票的 股东1 ...

北京市长安律师事务所 北京市朝阳区西坝河东里 18 号中检大厦 9、10 层 电话：010-84185889 传真：010-84486100 美瑞新材 2025 年第一次临时股东会法律意见书 北京市长安律师事务所 关于 美瑞新材料股份有限公司 2025 年第一次临时股东会 之 法律意见书 二 O 二五年九月 北京市长安律师事务所关于 美瑞新材料股份有限公司 2025 年第一次临时股东会之 法律意见书 致：美瑞新材料股份有限公司 北京市长安律师事务所（以下简称"本所"）接受美瑞新材料股份有限公司 （以下简称"公司"）委托，指派左笑冰律师及王丹阳律师（以下合称"本所律 师"），根据《中华人民共和国证券法》（以下简称"《证券法》"）、《中华人民共和 国公司法》（以下简称"《公司法》"）、《上市公司股东会规则》（以下简称"《股东 会规则》"）等国家法律、行政法规、规章、规范性文件及《美瑞新材料股份有限 公司章程》（以下简称"《公司章程》"）的有关规定，出席公司于 2025 年 9 月 24 日召开的 2025 年第一次临时股东会（以下简称"本次股东会"），并就本次股东 会召集、召开的程序、出席人员资格、召集人资格及表 ...

Group 1 - Meirui New Materials announced that it will accept a research visit from Zhongtai Securities on September 18, 2025, from 10:00 to 11:00 [1] - The company's Secretary of the Board and Chief Financial Officer, Du Yingtao, along with Securities Affairs Representative Wang Yue, will participate in the meeting and respond to investor inquiries [1] Group 2 - The article discusses the Federal Reserve's interest rate decisions, highlighting the debate over whether a 25 basis point cut is too small and a 50 basis point cut is too large [1] - The article mentions that a representative of Trump cast the only dissenting vote regarding the Federal Reserve's decisions [1]

Group 1: Company Overview - The company specializes in polyurethane new materials (TPU, PUR, PUD, PBS) and functional chemical raw materials (special isocyanates, special amines) used in various sectors including consumer electronics, automotive manufacturing, and green energy [2] - The new product HDI will target mainstream industries such as coatings and automotive paints, while also exploring emerging applications in polyurethane new materials [2] Group 2: Product Capacity and Market Potential - The company has an existing production capacity of 8,000 tons for foamed TPU, with plans to increase this by an additional 10,000 tons by June 2026 [3] - The foamed TPU product has shown strong profitability and rapid sales growth, particularly in the footwear sector [3] Group 3: Investment and Financial Strategy - The planned capital increase for Meirui Technology aims to enhance its financial strength and alleviate liquidity pressure, thereby improving overall competitiveness [4] - The investment is expected to capture growth opportunities and significantly enhance the company's profitability in the long term [4] Group 4: Competitive Landscape - The company's core competitive advantage lies in its ability to provide differentiated products at low costs, leveraging its supply chain advantages [5] - Continuous optimization of product costs and development of differentiated products are key strategies to address external market challenges [5]

Investment Rating - The investment rating for the company is "Buy" (maintained) [6] Core Views - The company's performance in the first half of 2025 met expectations, with total revenue of 801 million yuan, a year-on-year increase of 0.02%, and a net profit attributable to shareholders of 39 million yuan, a year-on-year increase of 25.25% [6] - The company is expected to see significant growth in profits due to the completion of its projects in Henan, with a projected compound annual growth rate of 56% from 2025 to 2027 [6] Financial Data and Profit Forecast - Total revenue forecast for 2025 is 1,803 million yuan, with a year-on-year growth rate of 8.7% [2] - Net profit attributable to shareholders for 2025 is projected to be 205 million yuan, reflecting a year-on-year increase of 164% [2] - Earnings per share for 2025 is estimated at 0.48 yuan [2] - Gross margin is expected to improve to 21.5% in 2025 [2] - Return on equity (ROE) is projected to reach 12% in 2025 [2] Market Data - As of September 12, 2025, the closing price of the stock is 16.79 yuan, with a market capitalization of 4,020 million yuan [3] - The stock has a price-to-earnings (PE) ratio of 35 for 2025 [2][3] - The company has a book value per share of 3.56 yuan and a debt-to-asset ratio of 58.65% [3] Project Updates - The company has successfully launched the first phase of its polyurethane industrial park in Henan, with some facilities already in stable operation and supplying products [6] - The company is developing high-performance polyurethane products, which are expected to enhance its market position and profitability [6]

Core Viewpoint - The PU sole industry in China is experiencing significant growth, with the market size expected to reach 1.38 trillion yuan in 2024, a 15% increase year-on-year, and projected to reach 1.8 trillion yuan by 2025 due to rising consumer demand for high-quality products and the rapid development of e-commerce [1][7]. Group 1: Industry Overview - The PU sole is made from polyurethane, offering advantages such as lightweight, durability, and improved performance compared to traditional rubber soles [3][5]. - The industry has evolved through three stages: initial development (1980-1990), rapid expansion (1990-2000), and maturity (2010-present), with China becoming the largest producer and consumer of PU soles globally [4][5]. Group 2: Market Dynamics - The PU sole market is characterized by intense competition, with both international giants like Lubrizol and domestic companies such as Huafeng Chemical and Anli Materials actively participating [9][10]. - The production process involves various methods, including low-pressure and high-pressure casting, which contribute to the quality and performance of the soles [4]. Group 3: Industry Trends - Technological innovation is driving product upgrades, with advancements in materials science leading to enhanced functionality, such as improved wear resistance and adaptability to environmental conditions [10][11]. - There is a growing demand for eco-friendly and sustainable PU sole materials, with companies increasingly focusing on the use of bio-based and recycled materials [11][12]. - The trend towards personalized products is rising, particularly among younger consumers, prompting companies to explore customization options and data-driven design solutions [12].