Investment Rating - The investment rating for the company is "Buy" (maintained) [1] Core Views - The company reported significant improvement in earnings for the first half of 2025, with revenue reaching 533 million yuan, a year-on-year increase of 7.66%, and a net profit attributable to shareholders of 88 million yuan, up 63.83% year-on-year [5] - The performance of PEKK materials is expected to ramp up, contributing to new growth drivers for the company [7] - The company is actively expanding its product line and has made significant progress in the development of new products, which are anticipated to support future earnings growth [8] Summary by Sections Financial Performance - In the first half of 2025, the company achieved revenue of 533 million yuan, with a net profit of 88 million yuan, and a basic earnings per share of 0.21 yuan [5] - For Q2 2025, revenue was 263 million yuan, with a year-on-year increase of 3.32% and a net profit of 58 million yuan, reflecting a year-on-year increase of 104.22% [5] Product and Market Development - The chemical industry, particularly the pesticide sector, has seen a recovery in demand, leading to increased orders for the company's main products [6] - The company has successfully implemented a one-step production method for PEKK, which offers a cost advantage over the two-step method used by foreign competitors [7] Future Outlook - The company is positioned as a leading player in the chlorosulfonic acid market and is expanding its product offerings into high-performance polymer materials, indicating strong future growth potential [8] - Forecasted net profits for 2025 to 2027 are 146 million, 192 million, and 252 million yuan respectively, with corresponding P/E ratios of 70, 53, and 40 [8]

Core Viewpoint - Kaisheng New Materials announced its financial results for the first half of 2025, showing a revenue increase and significant profit growth [2] Financial Performance - The company achieved operating revenue of 532,553,352.71 yuan in the first half of 2025, representing a year-on-year growth of 7.66% [2] - The net profit attributable to shareholders of the listed company was 88,484,924.76 yuan, marking a year-on-year increase of 63.83% [2]

证券日报网讯凯盛新材（301069）8月20日在互动平台回答投资者提问时表示，截至2025年8月8日，公 司股东人数为36514户。 ...

Core Insights - As of August 19, a total of 202 stocks in the Shanghai and Shenzhen markets have experienced net financing inflows for five consecutive days or more [1] - The stock with the longest consecutive net inflow is Huashu Gaoke, which has seen net buying for 16 trading days [1] - Other notable stocks with significant consecutive net inflows include Kaisheng New Materials, Qilu Bank, Heimu Dan, Nova Star Cloud, Zhangqu Technology, Meihao Medical, Zhenhua Wind Power, and Wanda Film [1]

公司摊薄每股收益为0.21元，较去年同报告期摊薄每股收益增加0.08元，同比较去年同期上涨63.86%。 公司最新总资产周转率为0.22次，较去年同期总资产周转率增加0.02次，同比较去年同期上涨10.55%。 最新存货周转率为5.67次。 公司股东户数为2.23万户，前十大股东持股数量为2.67亿股，占总股本比例为63.47%，前十大股东持股 情况如下： | 序号 | 股东名称 | 持股比例 | | --- | --- | --- | | I | 华邦生命健康股份有限公司 | 30.24% | | | 华邦健康-西南证券-25华邦EB担保及信托财产专户 | 14.26% | | D WN | 淄博凯盛投资管理中心(有限合伙) | 6.79% | | | 王加荣 | 3.80% | | 5 | 王永 | 3.73% | | 6 | 天津海河博弘新材料股权投资基金合伙企业(有限合伙) | 1.38% | | 7 | 红塔创新投资股份有限公司 | 1.04% | | 8 | 中信证券投资有限公司 | 0.80% | | 9 | 香港中央结算有限公司 | 0.77% | | 10 | 淄博凯斯通投资合伙企业(有限合 ...

山东凯盛新材料股份有限公司 2025 年半年度报告摘要 山东凯盛新材料股份有限公司 山东凯盛新材料股份有限公司 2025 年半年度报告摘要 一、重要提示 本半年度报告摘要来自半年度报告全文，为全面了解本公司的经营成果、财务状况及未来发展规划，投 资者应当到证监 会指定媒体仔细阅读半年度报告全文。 所有董事均已出席了审议本报告的董事会会议。 非标准审计意见提示 □适用 ?不适用 董事会审议的报告期利润分配预案或公积金转增股本预案 □适用 ?不适用 公司计划不派发现金红利，不送红股，不以公积金转增股本。 董事会决议通过的本报告期优先股利润分配预案 □适用 ?不适用 二、公司基本情况 股票简称 凯盛新材 股票代码 301069 股票上市交易所 深圳证券交易所 变更前的股票简称（如有） 不适用 | 联系人和联系方式 | 董事会秘书 | 证券事务代表 | | --- | --- | --- | | 姓 名 | 王荣海 | 杨紫光 | | 电 话 | 0533-2275366 | 0533-2275366 | | | 山东省淄博市淄川区双杨镇丰泉路 | 山东省淄博市淄川区双 | 杨镇丰泉路 办公地址 139 号山东凯盛新 ...

Group 1 - The report indicates that Southwest Securities has effectively supervised the information disclosure of Kaisheng New Materials, with no instances of delayed reviews [1] - The company has established and is executing relevant regulations to prevent resource occupation by related parties and manage fundraising [1] - The company has not yet initiated the construction of a new lithium salt project for lithium batteries, which is expected to produce 10,000 tons per year [1] Group 2 - The company has fulfilled its commitment regarding the lock-up of shares and measures to mitigate the dilution of immediate returns [2] - There are no reported issues requiring attention or regulatory measures taken against the company [2] - The company plans to conduct training sessions in the second half of the year [2]

证券代码：301069 证券简称：凯盛新材 公告编号：2025-038 债券代码：123233 债券简称：凯盛转债 一、会议召开及议案审议情况 山东凯盛新材料股份有限公司（以下简称"公司"）第四届董事会第二次会 议的会议通知于 2025 年 8 月 14 日以电子邮件的形式发出，2025 年 8 月 19 日在 公司会议室通过"现场+通讯"表决的方式召开，本次会议应出席董事 11 名，实 际出席董事 11 名。会议的召开符合《公司法》及《公司章程》的规定，合法有 效。本次会议由董事长王加荣先生主持，经与会各位董事认真讨论研究，审议并 通过了以下议案： （一）会议以 11 票赞成、0 票反对、0 票弃权的表决结果审议通过了《2025 年半年度报告》及其摘要。 《2025 年半年度财务报告》事前已经第四届董事会审计委员会 2025 年第二 次会议审议通过。具体详见公司同日于巨潮资讯网（www.cninfo.com.cn）刊载的 《2025 年半年度报告》及其摘要。 （二）会议以 11 票赞成、0 票反对、0 票弃权的表决结果审议通过了《关 于 2025 年半年度募集资金存放、管理与使用情况的专项报告》。 具体详见 ...

证券日报网讯 8月19日晚间，凯盛新材发布公告称，公司第四届董事会第二次会议审议通过了《关于 2025年半年度募集资金存放、管理与使用情况的专项报告》等。 （文章来源：证券日报） ...

2024年1至12月份，凯盛新材的营业收入构成为：化工新材料占比99.8%，其他业务占比0.2%。 （文章来源：每日经济新闻） 凯盛新材（SZ 301069，收盘价：24.2元）8月19日晚间发布公告称，公司第四届第二次董事会会议于 2025年8月19日在公司会议室通过"现场+通讯"表决的方式召开。会议审议了《关于2025年半年度募集资 金存放、管理与使用情况的专项报告》等文件。 ...