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，并对其内容的真实性、准确性和完整性承担个别及连 带责任。 山东隆华新材料股份有限公司（以下简称"公司"）控股子公司山东隆华高 分子材料有限公司（以下简称"隆华高材"）已于 2025 年 11 月 4 日完成工商变 更登记，并已取得淄博市行政审批服务局核发的新《营业执照》，隆华高材名称 变更为山东隆华高分子材料股份有限公司，具体情况如下： 证券代码：301149 证券简称：隆华新材 公告编号：2025-057 山东隆华新材料股份有限公司 关于控股子公司取得工商营业执照的公告 经营范围：一般项目：化工产品销售（不含许可类化工产品）；化工产品生 产（不含许可类化工产品）；合成纤维制造；合成纤维销售；专用化学产品制造 （不含危险化学品）；专用化学产品销售（不含危险化学品）；新材料技术研发； 技术服务、技术开发、技术咨询、技术交流、技术转让、技术推广；货物进出口； 技术进出口；进出口代理；非居住房地产租赁；租赁服务（不含许可类租赁服务）； 普通货物仓储服务（不含危险化学品等需许可审批的项目）。（除依法须经批准 的项目外，凭营 ...

Core Viewpoint - Longhua New Material, established in 2011 and listed in 2021, is a leading domestic producer of polyether polyols, with significant production capacity and recognized as a champion in Shandong's manufacturing sector [1] Group 1: Business Performance - In Q3 2025, Longhua New Material reported revenue of 4.455 billion yuan, ranking 6th in the industry out of 79 companies, surpassing the industry average of 1.994 billion yuan and median of 0.775 billion yuan [2] - The net profit for the same period was 100 million yuan, placing the company 27th in the industry, above the average of 74.4382 million yuan and median of 53.2537 million yuan, but still behind the top competitors [2] Group 2: Financial Ratios - As of Q3 2025, Longhua New Material's debt-to-asset ratio was 34.01%, down from 42.09% year-on-year, slightly below the industry average of 34.74% [3] - The gross profit margin for Q3 2025 was 4.23%, significantly lower than the industry average of 19.93% [3] Group 3: Executive Compensation - The chairman, Han Zhigang, received a salary of 2.0819 million yuan in 2024, an increase of 141,400 yuan from 2023 [4] - The general manager, Zhang Ping, earned 1.625 million yuan in 2024, up by 231,900 yuan from the previous year [4] Group 4: Shareholder Information - As of September 30, 2025, the number of A-share shareholders decreased by 3.60% to 18,900, while the average number of circulating A-shares held per account increased by 3.72% to 13,800 [5] - Zhongyin International Securities initiated coverage on Longhua New Material, rating it as a buy, citing stable business performance and growth potential in the polyether industry [5]

Core Viewpoint - Longhua New Materials (301149.SZ) reported a decline in institutional ownership in its Q3 2025 financial results, with a total of 6 institutional investors holding 42.99 million shares, representing 10.00% of the total share capital, down by 1.62 percentage points from the previous quarter [1]. Institutional Ownership - As of October 27, 2025, 6 institutional investors disclosed their holdings in Longhua New Materials, totaling 42.99 million shares, which is 10.00% of the company's total equity [1]. - The institutional ownership decreased by 1.62 percentage points compared to the previous quarter [1]. Public Fund Disclosure - In this reporting period, 22 public funds were not disclosed compared to the previous quarter, including notable funds such as Guotai Haitong Quantitative Stock Selection Mixed Fund A, Guotai Haitong CSI 300 Index Enhanced Fund A, and Southern CSI 2000 ETF [1].

Core Viewpoint - The company, Shandong Longhua New Materials Co., Ltd., has disclosed its third-quarter financial report for 2025, ensuring the accuracy and completeness of the information provided [1][2][12]. Financial Data - The net profit attributable to shareholders for the first three quarters of 2025 is CNY 100,384,574.80, while the parent company achieved a net profit of CNY 137,053,782.80 [12][13]. - The undistributed profits as of September 30, 2025, are CNY 814,494,575.58 for the consolidated report and CNY 861,280,985.72 for the parent company [13]. - The proposed cash dividend is CNY 0.70 per 10 shares, amounting to a total distribution of CNY 30,100,001.26 [13][14]. Board Meeting - The fourth board meeting of the company was held on October 26, 2025, with all six directors present, complying with legal and regulatory requirements [8][9]. - The board approved the third-quarter report and the profit distribution plan, with unanimous support from all directors [10][11]. Asset Impairment - The company has recognized an asset impairment provision totaling CNY 19,512,313.93, which includes provisions for bad debts and inventory write-downs [17][18]. - The impairment provision is based on expected credit losses and the lower of cost or net realizable value for inventory [18].

Core Insights - Longhua New Materials (301149.SZ) reported a revenue of 4.455 billion yuan for the first three quarters of 2025, reflecting a year-on-year growth of 2.93% [1] - The net profit attributable to shareholders of the listed company was 100 million yuan, showing a year-on-year decrease of 26.60% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 88.8744 million yuan, down 27.94% year-on-year [1] - The basic earnings per share stood at 0.2335 yuan [1]

Group 1 - The core point of the article is that Longhua New Materials (SZ 301149) announced the results of its fourth board meeting, which included discussions on the profit distribution plan for the first three quarters of 2025 [1] - For the year 2024, the revenue composition of Longhua New Materials is reported to be 98.02% from polyether polyols and 1.98% from other businesses [1] - As of the report date, the market capitalization of Longhua New Materials is 4.7 billion yuan [1]

证券代码：301149 证券简称：隆华新材 公告编号：2025-056 山东隆华新材料股份有限公司（以下简称"公司"或"隆华新材"）根据《企 业会计准则》《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，为真实、准确、客观地反映公司的财务状况、资产价 值及经营成果，基于谨慎性原则对合并报表范围内截至 2025 年 9 月 30 日各类资 产进行了全面检查和减值测试，并对可能发生减值损失的有关资产计提相应的减 值准备。 根据《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》等相关规定，本次计提资产减值准备无需提交董事会、股东大会审议。 现将相关情况公告如下： 一、本次计提资产减值准备情况概述 截至 2025 年 9 月 30 日，公司对合并报表范围内存在可能发生减值迹象的资 产进行全面清查和资产减值测试后，计提资产减值准备金额共计人民币 19,512,313.93 元，明细如下： 单位：人民币元 | 类别 | 项目 | 计提金额 | | | --- | --- | --- | --- | | 信用减值损失 | 应收账款 | | 4,546,232. ...

关于第四届董事会第六次会议决议的公告 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，并对其内容的真实性、准确性和完整性承担个别及连 带责任。 一、董事会会议召开情况 证券代码：301149 证券简称：隆华新材 公告编号：2025-053 山东隆华新材料股份有限公司 二、董事会会议审议情况 （一）审议通过了《2025 年第三季度报告》。 表决结果：同意 6 票，反对 0 票，弃权 0 票，审议通过。 三、备查文件 1、山东隆华新材料股份有限公司第四届董事会审计委员会 2025 年第三次会议决 议； 山东隆华新材料股份有限公司（以下简称"公司"）第四届董事会第六次会议于 2025 年 10 月 26 日以现场会议的形式在公司会议室召开，会议通知于 2025 年 10 月 23 日以书面、电子邮件、电话等方式发出。本次会议由董事长韩志刚先生主持，会议 应参会董事 6 名，实际参会董事 6 名。会议的召集、召开程序符合《公司法》等相关 法律法规及《公司章程》的规定。 2、山东隆华新材料股份有限公司第四届董事会第六次会议决议。 该议案在提交董事会审议之前已经董事会审计委 ...

证券代码：301149 证券简称：隆华新材 公告编号：2025-055 山东隆华新材料股份有限公司 关于 2025 年前三季度利润分配预案的公告 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，并对其内容的真实性、准确性和完整性承担个别及连 带责任。 山东隆华新材料股份有限公司（以下简称"公司"或"隆华新材"）于 2025 年 10 月 26 日召开了第四届董事会第六次会议，审议通过了《关于 2025 年前三 季度利润分配预案的议案》，现将公司 2025 年前三季度利润分配预案具体情况 公告如下： 一、 利润分配预案基本情况 公司本次利润分配金额占当期合并报表归属于上市公司股东净利润的 29.98%，现金分红金额占本次利润分配总额的 100%，符合《公司法》、《上市 公司监管指引第 3 号——上市公司现金分红》等相关法律法规、规范性文件及《公 司章程》、《公司未来三年股东回报规划（2025－2027 年）》规定的利润分配 政策，现金分红方案保证公司正常经营和长远发展的前提下充分考虑了广大投资 者的合理利益，有利于全体股东共享公司成长的经营成果，实施上述利润分配方 ...

Group 1 - The company's Q3 revenue reached 1.623 billion, representing a year-on-year increase of 4.59% [1] - The net profit for Q3 was 24.2832 million, showing a decline of 47.47% compared to the previous year [1] - For the first three quarters, the company's revenue totaled 4.455 billion, with a year-on-year growth of 2.93% [1] Group 2 - The net profit for the first three quarters was 100 million, reflecting a year-on-year decrease of 26.60% [1]