关于苏州翔楼新材料股份有限公司 非经营性资金占用及其他关联资金往来情况 的专项说明 2024 年度 公证天业会计师事务所(特殊普通合伙) Gongzheng Tianye Certified Public Accountants, SGP 总机：86（510）68798988 Tel：86（510）68798988 传真：86（510）68567788 Fax：86（510）68567788 电子信箱：mail@gztycpa. cn E-mail：mail@gztycpa. cn 关于苏州翔楼新材料股份有限公司 非经营性资金占用及其他关联资金往来情况的 专项说明 中国 . 江苏 . 无锡 Wuxi . Jiangsu . China 联交易有关的审计程序外，我们并未对汇总表所载资料执行额外的审计程序。为 了更好地理解翔楼新材 2024 年度非经营性资金占用及其他关联资金往来情况， 汇总表应当与已审计的财务报表一并阅读。 本专项说明仅供翔楼新材 2024 年年度报告披露之目的使用，不得用作任何 其他用途。 公证天业会计师事务所 （特殊普通合伙） 中国注册会计师 （项目合伙人） 中国注册会计师 苏公W[2025 ...

证券代码：301160 证券简称：翔楼新材 公告编号：2025-018 苏州翔楼新材料股份有限公司 关于召开 2024 年年度股东大会的通知 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。 苏州翔楼新材料股份有限公司（以下简称"公司"）第三届董事会第二十五次 会议决定于2025年5月28日（星期三）召开公司2024年年度股东大会（以下简称 "本次股东大会"）。现将本次股东大会的有关事项通知如下： 一、会议召开的基本情况 1、会议届次： 2024年年度股东大会 2、会议召集人：苏州翔楼新材料股份有限公司董事会 3、会议召开的合法性、合规性：本次股东大会会议召开符合有关法律、行政法 规、部门规章、规范性文件和公司章程的规定。 4、会议召开时间： 现场会议召开时间：2025年5月28日（星期三）下午14：00 网络投票时间：通过深圳证券交易所交易系统进行网络投票的具体时间为2025 年5月28日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投票系统 投票的具体时间为2025年5月28日上午9:15至下午15:00期间的任意 ...

证券代码：301160 证券简称：翔楼新材 公告编号：2025-011 苏州翔楼新材料股份有限公司 第三届监事会第二十二次会议决议公告 本公司及监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。 一、监事会会议召开情况 苏州翔楼新材料股份有限公司（以下简称"公司"）第三届监事会第二十二次会 议（以下简称"本次会议"）已于 2025 年 3 月 31 日以书面及邮件方式通知了全体监 事，会议于 2025 年 4 月 10 日以现场方式在公司会议室召开。本次会议由监事会主 席沈衡先生召集并主持，会议应到监事 3 名，实到监事 3 名。本次会议的召集、召 开和表决程序符合《公司法》《公司章程》等有关规定，合法有效。 二、监事会会议审议情况 经与会监事审议，形成如下决议： 1、审议通过了《关于公司<2024 年度监事会工作报告>的议案》 根据法律、法规和《公司章程》的规定，由监事会主席代表监事会汇报 2024 年度监事会工作情况。 表决结果：同意 3 票，反对 0 票，弃权 0 票。 本议案尚需提交公司 2024 年年度股东大会审议。 2、审议通过了《关于公司<2024 年年度报 ...

证券代码：301160 证券简称：翔楼新材 公告编号：2025-010 表决结果：同意 9 票，反对 0 票，弃权 0 票。 2、审议通过了《关于公司<2024 年度董事会工作报告>的议案》 苏州翔楼新材料股份有限公司 第三届董事会第二十五次会议决议公告 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。 一、董事会会议召开情况 苏州翔楼新材料股份有限公司（以下简称"公司"）第三届董事会第二十五次 会议（以下简称"本次会议"）已于 2025 年 3 月 31 日以书面及邮件方式通知了全 体董事，会议于 2025 年 4 月 10 日以现场结合通讯方式召开。本次会议由董事长 钱和生先生召集并主持，会议应到董事 9 人，实到董事 9 人，其中刘庆雷、杨春 福以通讯方式参加。公司监事及部分高级管理人员列席了本次会议。本次会议的 召集、召开和表决程序符合《公司法》《公司章程》及《苏州翔楼新材料股份有 限公司董事会议事规则》的有关规定，合法有效。 二、董事会会议审议情况 经与会董事审议，形成以下决议： 1、审议通过了《关于公司<2024 年度总经理工作报告>的议案》 公司总 ...

Dividend Distribution - The company plans to distribute a cash dividend of 10 RMB per 10 shares (including tax) to all shareholders, totaling 77,324,359 RMB[4]. - The company plans to distribute a cash dividend of 10.00 CNY per share (including tax) for every 10 shares, totaling 77,324,359.00 CNY in cash dividends[174]. - The total number of shares for the dividend distribution is based on 77,324,359 shares after deducting 3,728,955 shares in the repurchase account[174]. - The cash dividend represents 100% of the total profit distribution amount, indicating a strong commitment to returning value to shareholders[174]. - The company has not made any capital reserve transfers to increase share capital or issued bonus shares in the recent profit distribution plan[171]. Financial Performance - The company's operating revenue for 2024 reached ¥1,485,343,689.24, representing a 9.74% increase compared to ¥1,353,475,160.21 in 2023[19]. - The net profit attributable to shareholders for 2024 was ¥206,942,952.82, a 3.10% increase from ¥200,715,091.24 in 2023[19]. - The net profit after deducting non-recurring gains and losses was ¥202,987,554.32, up 12.26% from ¥180,813,904.61 in 2023[19]. - The total assets at the end of 2024 were ¥1,976,432,697.90, a 4.12% increase from ¥1,898,307,138.67 at the end of 2023[19]. - The net assets attributable to shareholders increased by 5.52% to ¥1,653,413,063.28 at the end of 2024 from ¥1,566,883,217.44 at the end of 2023[19]. - The company's total revenue for 2024 reached ¥1,485,343,689.24, representing a year-on-year increase of 9.74% compared to ¥1,353,475,160.21 in 2023[72]. - Revenue from automotive precision stamping materials accounted for 83.98% of total revenue, amounting to ¥1,247,417,996.28, which is a 10.05% increase from ¥1,133,492,724.69 in the previous year[73]. Risk Management - The board of directors has confirmed the accuracy and completeness of the annual report, ensuring no significant risks affecting the company's operations or financial status[4]. - The company emphasizes the importance of risk awareness for investors regarding future plans and performance forecasts[4]. - The company has no major risk factors that could adversely impact its production, operations, or profitability[4]. - The company is aware of economic environment risks, including economic fluctuations and inflation, and plans to maintain a healthy cash flow and balance sheet to mitigate financial pressures[120]. Research and Development - The company has 15 invention patents and 61 utility model patents, reflecting its strong focus on R&D and innovation in precision stamping materials[67]. - Research and development expenses increased by 20.21% to ¥61,254,512.94, reflecting the company's commitment to enhancing R&D investment[82]. - The number of R&D personnel increased by 7.69% to 42, with a notable rise in the number of undergraduate degree holders[84]. - R&D investment as a percentage of operating revenue rose to 4.12%, up from 3.76% in the previous year[84]. - The company plans to enhance its research and development capabilities, particularly in the field of robotics, to address key material bottlenecks and reduce costs for critical components[116]. - The company aims to achieve domestic substitution of high-precision bearing materials and will conduct R&D in cutting-edge fields such as core components for industrial mother machines and hydrogen energy equipment[117]. Market Position and Strategy - The company is positioned as the only publicly listed entity in the domestic precision stamping materials industry, maintaining a leading capacity scale among peers[37]. - The demand for precision stamping materials is expected to grow rapidly, particularly in the automotive sector, with a projected increase in new energy vehicle sales by 35.5% in 2024[29]. - The company focuses on customized precision stamping materials for automotive components, covering safety systems, seating systems, and power systems[38]. - The company is actively expanding into high-end bearing, wind power, precision tools, and electrical components markets, diversifying its product and customer base[46]. - The company is actively expanding into overseas markets, which is expected to become a new growth point for future performance[65]. Governance and Management - The board of directors consists of 9 members, including 3 independent directors, ensuring compliance with legal and regulatory requirements[128]. - The supervisory board is composed of 3 members, including 1 employee representative, fulfilling its duties to protect shareholder interests effectively[129]. - The controlling shareholder has adhered to governance regulations, ensuring no interference in company decisions or harm to other shareholders' interests[130]. - The company maintains complete independence in operations, assets, personnel, institutions, and finances from its controlling shareholders[132]. - The company has established a robust governance structure in compliance with the Company Law, ensuring independent decision-making[136]. Employee Management - The company has established a comprehensive salary structure that combines base salary with performance-based incentives to enhance employee productivity and attract talent[168]. - The company actively conducts various training programs, including new employee training and skills training, to improve staff capabilities[169]. - The employee composition includes 211 production personnel, 29 sales personnel, 42 technical personnel, 10 financial personnel, and 36 administrative personnel[167]. - The company emphasizes employee welfare by providing competitive salaries and a favorable work environment[194]. Cash Flow and Financial Management - The net cash flow from operating activities decreased by 34.45% to ¥109,460,043.53, primarily due to reduced government subsidies and increased tax payments[85]. - The total cash and cash equivalents decreased by 2,765.88% to -¥165,970,144.53, indicating significant cash outflows during the period[85]. - The net cash flow from financing activities decreased by 483.02% to -¥116,082,036.00, largely due to increased dividend distributions and share repurchases[86]. - The company has proposed a plan for cash management using part of its idle funds, which may enhance liquidity[161]. Shareholder Engagement - The company held its first temporary shareholders' meeting in 2024 with a participation rate of 42.88%[139]. - The company’s annual shareholders' meeting is scheduled for May 16, 2024[139]. - The company has established a value management system and disclosed its valuation enhancement plan, indicating a commitment to improving shareholder value[124]. - The company has ensured that the profit distribution plan considers the interests of minority investors and the company's short-term operational funding needs[175]. Compliance and Internal Control - The internal control system has been updated and improved according to the basic norms of internal control, effectively mitigating operational risks[184]. - There were no significant internal control deficiencies reported during the reporting period[185]. - The internal control audit report received a standard unqualified opinion, confirming no significant deficiencies in non-financial reporting[190]. - The company maintains compliance with environmental regulations, with no administrative penalties reported during the reporting period[192].

证券代码：301160 证券简称：翔楼新材 公告编号：2025-015 特别提示： 1.本次利润分配及资本公积转增股本方案为：以公司截至本次董事会决议 披露日总股本 81,053,314 股扣除回购专户股份 3,728,955 股后的股份数 77,324,359 股为基数，向全体股东每 10 股派息 10 元（含税），现金分红总额 77,324,359 元，同时以资本公积金每 10 股转增 4.5 股，合计转增 34,795,961 股， 转增后公司总股本为115,849,275股(具体以中国证券登记结算有限公司实际登记 为准)。 3.如在本利润分配及资本公积转增股本预案公告后至实施前，因股权激励行 权、可转债转股、股份回购等股本总额发生变动情形时，导致总股本扣除回购专 户中股份的基数及公司总股本发生变动的，公司将维持每股分配比例和转增比例 不变，相应调整分配总额和转增总额。 4.公司现金分红预案不触及本所《创业板股票上市规则》第 9.4 条规定相关 情形。 一、审议程序 1.苏州翔楼新材料股份有限公司（以下简称"公司"）于 2025 年 4 月 10 日召 开了第三届董事会第二十五次次会议、第三届监事会第二 ...

A股窄幅震荡，三大股指小幅低收：两市成交11543 亿元 A股三大股指3月26日集体低开。盘初冲高后，两市早盘高位震荡。午后两市继续窄幅震荡，尾盘走低 三大股指小幅低收。 从盘面上看，银行、电力跌幅靠前，深海科技、锂电池概念股回调；机器人、光伏题材反弹明显，养 殖、化纤、地产行业涨幅居前。 至收盘，上证综指跌0.04%，报3368.7点；科创50指数跌0.26%，报1029.05点；深证成指跌0.05%，报 10643.82点；创业板指跌0.26%，报2139.9点。 Wind统计显示，两市及北交所共3544只股票上涨，1667只股票下跌，平盘有185只股票。 沪深两市成交总额11543亿元，较前一交易日的12582亿元减少1039亿元。其中，沪市成交4852亿元，比 上一交易日5164亿元减少312亿元，深市成交6691亿元。 两市及北交所共有103只股票涨幅在9%以上，10只股票跌幅在9%以上。 在板块方面，汽车板块午后走高，万通智控（300643）、美力科技（300611）、联明股份（603006）、 东风科技（600081）、南方精工（002553）、光洋股份（002708）、隆基机械（002363） ...

Group 1: Stock Performance - Xianglou New Materials' stock price has reached a historical high, with 10 trading days in the past month setting new records [1] - As of 11:04, the stock is up 3.95%, priced at 118.78 yuan, with a trading volume of 2.12 million shares and a turnover of 244 million yuan [1] - The latest total market capitalization of the stock is 9.628 billion yuan, with a circulating market value of 5.247 billion yuan [1] Group 2: Industry Overview - The steel industry, to which Xianglou New Materials belongs, has an overall increase of 0.76%, with 37 stocks rising, including Xining Special Steel, Benxi Steel, and Guangda Special Materials, which have increased by 7.56%, 6.56%, and 5.95% respectively [1] - Conversely, 8 stocks in the industry have declined, with Maanshan Iron & Steel, Baodi Mining, and Shagang Group showing decreases of 1.54%, 1.06%, and 0.64% respectively [1] Group 3: Financial Performance - For the first three quarters, the company achieved operating revenue of 1.075 billion yuan, a year-on-year increase of 13.46% [2] - The net profit for the same period was 139 million yuan, reflecting a year-on-year growth of 1.04% [2] - The basic earnings per share are reported at 1.7900 yuan, with a weighted average return on equity of 8.91% [2] Group 4: Margin Data - As of March 19, the latest margin trading balance for the stock is 425 million yuan, with a financing balance of 425 million yuan, which has increased by 160 million yuan over the past 10 days, representing a growth of 60.49% [1] Group 5: Analyst Ratings - In the past 10 days, two institutions have rated the stock, with Guotou Securities setting a target price of 125.20 yuan on March 18 [1]

Investment Rating - The report assigns a "Buy-A" rating to the company with a target price of 125.20 CNY over the next six months, compared to a current stock price of 109.80 CNY [4]. Core Insights - The company, Xianglou New Materials, is a leader in the domestic high-end precision stamping materials market, with a stable profit margin and a compound annual growth rate (CAGR) of 20% in revenue and 29% in net profit from 2018 to 2023. The average gross margin and net margin are 22% and 11%, respectively [1][8]. - The company is positioned to lead the domestic substitution of high-end precision stamping materials in the automotive parts sector, leveraging advantages in delivery time, cost-effectiveness, and service [1][2]. - Xianglou is the only domestic manufacturer innovating materials for harmonic reducer flexible wheels, which are critical for humanoid robots, and is currently in the testing phase with potential clients [3][7]. Summary by Sections Main Business - The company has a solid foundation in the automotive high-end precision stamping materials market, contributing significantly to its revenue. In the first half of 2024, automotive precision stamping materials accounted for 87.89% of total revenue [16][25]. - The company has established stable partnerships with well-known automotive parts manufacturers, achieving a market share of approximately 19% in the domestic automotive precision stamping materials sector [6][24]. New Business - Xianglou has a strong competitive advantage in the harmonic reducer flexible wheel materials, which are essential for the production of humanoid robots. The company is currently developing materials for various components, including planetary gears [3][7]. - The potential market for flexible wheel materials is estimated to be between 1.4 billion to 2.8 billion CNY, assuming a production scale of 1 million humanoid robots [3][7]. Financial Forecast and Valuation - The company is projected to achieve revenues of 1.57 billion, 1.83 billion, and 2.16 billion CNY for the years 2024, 2025, and 2026, respectively, with corresponding net profits of 202 million, 253 million, and 307 million CNY [8][9]. - The report indicates a favorable valuation with price-to-earnings (PE) ratios of 43X, 34X, and 28X for the years 2024, 2025, and 2026, respectively [8].

[Table_Title] 翔楼新材（301160）动态点评 精冲材料领军企业布局机器人减速器 材料，高管增持彰显信心 根据公司公告，董事、副总经理张玉平计划在未来 6 个月内（2025 年 3 月 12 日至 2025 年 9 月 11 日）增持公司股票，增持金额不低于 700 万 元，不超过 1,300 万元。 【评论】 挖掘价值 投资成长 2025 年 03 月 12 日 [Table_ 【事项Summary 】 ] [Table_Rank] 增持（首次） [Table_ 东方财富证券研究所 Author] 证券分析师：周旭辉 证书编号：S1160521050001 证券分析师：杨安东 证书编号：S1160524070005 联系人：杨安东 [Table_PicQuote] 相对指数表现 -11.98% 29.04% 70.06% 111.09% 152.11% 193.13% 3/11 5/11 7/11 9/11 11/11 1/11 3/11 翔楼新材 沪深300 y r t s u d n | [Table_ | 基本数据Basedata ] | 总市值（百万元) | | | --- | --- ...