Group 1 - On August 26, Zhite New Materials saw a stock price increase of 4.39% with a trading volume of 399 million yuan [1] - The financing data on the same day indicated a financing purchase amount of 54.09 million yuan and a financing repayment of 63.63 million yuan, resulting in a net financing outflow of 9.54 million yuan [1] - As of August 26, the total balance of margin trading for Zhite New Materials was 337 million yuan, which accounted for 5.74% of its circulating market value, indicating a high level compared to the past year [1] Group 2 - As of June 30, the number of shareholders for Zhite New Materials reached 14,500, an increase of 4.89% from the previous period, with an average of 25,961 circulating shares per person, up by 36.69% [2] - For the first half of 2025, Zhite New Materials reported a revenue of 1.293 billion yuan, representing a year-on-year growth of 14.02%, and a net profit attributable to shareholders of 76.20 million yuan, which is a significant increase of 906.32% [2] - Since its A-share listing, Zhite New Materials has distributed a total of 101 million yuan in dividends, with 83.13 million yuan distributed over the past three years [2]

Core Viewpoint - The company announced that the conditions for the third vesting period of the 2022 restricted stock incentive plan and the second vesting period of the reserved grant have not been met, resulting in the cancellation of 1,113,481 shares of unvested restricted stock [1][4][5] Summary by Sections Approval Procedures - The company held multiple board and supervisory meetings to approve the 2022 restricted stock incentive plan and its related matters, including the initial grant and management methods [2][3][4] Vesting Conditions - The first grant's third vesting period is defined as 36 months after the initial grant date, with a vesting ratio of 40% [4] - The reserved grant's second vesting period is defined as 24 months after the reserved grant date, with a vesting ratio of 50% [4] Performance Assessment - The performance conditions for vesting were based on cumulative revenue targets for 2022-2024, with specific thresholds set at 92.43 billion and 73.94 billion [5] - The company did not meet the required cumulative revenue, resulting in a vesting ratio of 0% for both the third vesting period and the second reserved grant period [5][6] Impact of Cancellation - The cancellation of the unvested restricted stock is in compliance with relevant regulations and will not materially affect the company's financial status or operational results [7] - The supervisory board confirmed that the cancellation process adhered to necessary procedures and will not harm the interests of shareholders [7][8]

Investment Rating - The report maintains an "Outperform" rating for the company [1] Core Insights - The company's main business, aluminum formwork, has seen a recovery in gross margin, leading to significant improvement in cash flow [1] - In H1 2025, the company achieved a net profit attributable to shareholders of 76 million, a year-on-year increase of 906.3%, aligning with expectations [6] - The company has established strategic partnerships to enhance its technological capabilities and product offerings in new materials [6] Financial Performance Summary - Total revenue for 2025 is projected to be 3,156 million, reflecting a year-on-year growth rate of 24.9% [5] - The gross margin for H1 2025 was reported at 28.7%, an increase of 4.22 percentage points year-on-year [6] - The company expects net profits for 2025-2027 to be 185 million, 290 million, and 380 million respectively, with growth rates of 150.7%, 56.8%, and 31.2% [6][8]

Core Viewpoint - Zhite New Materials (300986.SZ) reported a significant increase in both revenue and net profit for the first half of 2025, indicating strong financial performance and growth potential [1] Financial Performance - The company's operating revenue reached 1.293 billion yuan, representing a year-on-year growth of 14.02% [1] - The net profit attributable to shareholders was 76.1972 million yuan, showing a remarkable year-on-year increase of 906.32% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 69.7212 million yuan [1] - Basic earnings per share stood at 0.2135 yuan [1]

证券日报网讯 8月26日晚间，志特新材（300986）发布公告称，董事会同意提名汤勇军先生为第四届董 事会非独立董事候选人。 ...

Core Insights - The company reported a revenue of 1.293 billion yuan for the first half of 2025, reflecting a year-on-year growth of 14.02% [1] - The net profit attributable to shareholders reached 76.1972 million yuan, showing a significant year-on-year increase of 906.32% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 69.7212 million yuan, with a basic earnings per share of 0.2135 yuan [1]

江西志特新材料股份有限公司 章 程 2025 年 8 月 | 第一章 | 总则 2 | | --- | --- | | 第二章 | 经营宗旨和范围 3 | | 第三章 | 股份 3 | | 第一节 | 股份发行 3 | | 第二节 | 股份增减和回购 4 | | 第三节 | 股份转让 5 | | 第四章 | 股东和股东会 6 | | 第一节 | 股东的一般规定 6 | | 第二节 | 控股股东和实际控制人 9 | | 第三节 | 股东会的一般规定 10 | | 第四节 | 股东会的召集 14 | | 第五节 | 股东会的提案与通知 15 | | 第六节 | 股东会的召开 17 | | 第七节 | 股东会的表决和决议 19 | | 第五章 | 董事和董事会 24 | | 第一节 | 董事的一般规定 24 | | 第二节 | 董事会 27 | | 第三节 | 独立董事 31 | | 第四节 | 董事会专门委员会 34 | | 第六章 | 高级管理人员 36 | | 第七章 | 财务会计制度、利润分配和审计 37 | | 第一节 | 财务会计制度 37 | | 第二节 | 内部审计 41 | | 第三节 | 会计师 ...

董事、高级管理人员离职管理制度 第一章 总则 第一条 为了规范江西志特新材料股份有限公司（以下简称"公司"）董事、 高级管理人员的离职管理，保障公司治理稳定性及股东合法权益，根据《中华人 民共和国公司法》《上市公司章程指引》《深圳证券交易所创业板股票上市规则》 （以下简称"《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》《江西志特新材料股份有限公司章程》（以下 简称"《公司章程》"）等有关规定，结合公司实际情况，制定本制度。 江西志特新材料股份有限公司 董事、高级管理人员离职管理制度 江西志特新材料股份有限公司 第二条 本制度适用于公司全体董事（含独立董事）及高级管理人员的辞任、 任期届满、解任等离职情形。 第二章 离职情形与生效条件 第三条 董事可以在任期届满以前辞任。董事辞任应向公司提交书面辞职报 告，公司收到辞职报告之日辞任生效，公司将在两个交易日内披露有关情况。如 因董事的辞任导致公司董事会低于法定最低人数时，或者独立董事辞职导致独立 董事人数少于董事会成员的三分之一或独立董事中没有会计专业人士时，在改选 出的董事就任前，原董事仍应当依照法律法规、《公司章程》 ...

江西志特新材料股份有限公司 独立董事工作制度 江西志特新材料股份有限公司 独立董事工作制度 第一章 总则 第一条 为进一步完善江西志特新材料股份有限公司（以下简称"公司"） 的法人治理结构，强化对董事会及管理层的约束和监督制度，更好的维护中小股 东的利益，促进公司的规范运作，根据《深圳证券交易所创业板股票上市规则》 《深圳证券交易所上市公司自律监管指引第 2 号——创业板上市公司规范运作》 《上市公司独立董事管理办法》（以下简称"《管理办法》"）等有关法律、法 规、规范性文件和《江西志特新材料股份有限公司公司章程》（以下简称"《公 司章程》"）的有关规定，制定本制度。 第二条 独立董事是指不在公司担任除独立董事外的任何其他职务，并与公 司及其主要股东、实际控制人不存在直接或者间接利害关系，或者其他可能影 响其进行独立客观判断的关系的董事。 独立董事独立履行职责，不受公司主要股东、实际控制人或者其他与公司存 在利害关系的单位或个人的影响。 第三条 独立董事对公司及全体股东负有忠实与勤勉义务，应当按照法律、 行政法规、中国证券监督管理委员会（以下简称"中国证监会"）规定、证券 交易所业务规则和《公司章程》的规定， ...

江西志特新材料股份有限公司 股东会议事规则 江西志特新材料股份有限公司 股东会议事规则 第一章 总则 第一条 为进一步明确江西志特新材料股份有限公司（以下简称"公司"或 "本公司"）股东会的职责权限，规范股东会运作，提高股东会议事效率，保证 股东会会议程序及决议的合法性，更好地维护公司股东的合法权益，根据《中华 人民共和国公司法》（以下简称"《公司法》"）、《中华人民共和国证券法》、 《上市公司治理准则》、《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》、《上市公 司股东会规则》及《江西志特新材料股份有限公司章程》（以下简称"《公司章 程》"）及其他有关法律、法规和规范性文件的规定，特制订本规则。 第二条 公司应当严格按照法律、法规、规范性文件、《公司章程》及本规 则的相关规定召开股东会，保证股东能够依法行使权利。 公司董事会应当切实履行职责，认真、按时组织股东会。公司全体董事应当 勤勉尽责，确保股东会正常召开和依法行使职权。 第三条 股东会应当在《公司法》和《公司章程》规定的范围内行使职权。 第四条 股东会分为年度股东会和临时股东会。年度股东 ...