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 ...

Market Overview - A-shares experienced narrow fluctuations with all three major indices closing slightly lower, with the Shanghai Composite Index down 0.04% at 3368.7 points, the ChiNext Index down 0.26% at 2139.9 points, and the Shenzhen Component Index down 0.05% at 10643.82 points [1] - Total trading volume in the two markets reached 11,543 billion yuan, a decrease of 1,039 billion yuan from the previous trading day [1] Sector Performance - The banking and electric power sectors saw significant declines, with major banks like China Merchants Bank dropping over 5% [3] - The automotive sector showed gains in the afternoon, with several stocks reaching their daily limit or increasing by over 10% [3] - The real estate sector remained strong, with stocks like Rongsheng Development and Jingji Agricultural Technology hitting their daily limit [3] - The steel sector faced declines, with companies like Xining Special Steel and Bayi Iron & Steel dropping over 3% [4] - Public utilities also performed poorly, with stocks like Xinjiang Haoyuan and Mingxing Electric Power falling over 5% [4] Investment Opportunities - There are structural gaming opportunities in certain consumer sectors, particularly in home appliances and consumer electronics, as policies to stimulate consumption are being implemented [5] - The average price-to-earnings ratios for the Shanghai Composite Index and ChiNext Index are at 14.32 times and 37.58 times, respectively, indicating a suitable environment for medium to long-term investments [6] - The market is expected to show characteristics of technology leadership, dividend defense, consumer recovery, and domestic demand-driven growth, suggesting a balanced approach to investment across financial, dividend, consumer, and technology sectors [7]

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) | | | --- | --- ...

证券代码：301160 证券简称：翔楼新材 公告编号：2025-009 苏州翔楼新材料股份有限公司 关于董事、高级管理人员增持公司股份计划的公告 公司董事、副总经理张玉平保证向本公司提供的信息内容真实、准确、 完整，没有虚假记载、误导性陈述或重大遗漏。 本公司董事会及董事会全体成员保证公告内容与信息披露义务人提供的 信息一致。 公司近日收到公司董事、副总经理张玉平先生出具的《关于增持翔楼新材股 份计划的告知函》。基于对公司未来发展的信心以及对公司长期投资价值的认可， 张玉平先生计划自本次增持计划公告披露之日起6个月内，按照相关法律法规的规 定增持公司股份。现将有关情况公告如下： 特别提示： 苏州翔楼新材料股份有限公司(以下简称"公司 ")公司董事、副总经理张玉平先 生计划自本次增持计划公告之日起 6 个月内（即 2025年3月12日至2025年9月11日） ，通过深圳证券交易所交易系统按照相关法律法规许可的方式（包括但不限于集 中竞价交易和大宗交易方式）增持公司股票，增持金额不低于人民币700万元，不 超过人民币1,300万元。 一、增持主体的基本情况： 1、增持主体：公司董事、副总经理张玉平先生。 2、增持 ...

证券代码：301160 证券简称：翔楼新材 公告编号：2025-008 苏州翔楼新材料股份有限公司 关于公司持股 5%以上股东、董事、高管减持股份 完成的公告 1、股东减持股份的情况： | 股东 | 减持方式 | 减持期间 | | | 减持价格 | 减持股数 | 减持来源 | 减持比例 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 名称 | | | | | 区间（元/ | （股） | | （剔除回 | | | | | | | 股） | | | 购股份） | | 唐卫 | 集中竞价 | 2025 月 18 | 年 日 | 2 | | | 首次公开发 | | | 国 | 交易 | 至 | 2025 | | 78.67-94.00 | 582,438 | 行前持有股 | 0.75% | | | | 年 3 | 月 7 | | | | 份 | | | | | 日 | | | | | | | | 曹菊 | 集 中 竞 价 | 2025 月 18 至 | 年 日 2025 | 2 | 74.34-97.00 | 120,000 | 首次公开发 行前 ...

先会会议仅供民生证券专业投资者参考会议内容任何情况下都不构成投资建议任何机构或个人不得以任何形式泄露本次会议内容否则由此造成的一切后果及法律责任由该机构或个人承担本公司保留追究其法律责任的权利 好的那各位早上好那个大家就想好那就是主要是以定制化的材料为主的那个公司那么我们目前的话就是目前有两家工厂那么苏州工厂主要是以汽车材料为主那么像安徽工厂呢我们会在二五年的四月份开始生产并开始逐步投产那么安徽主要是以汽车和轴承的材料为主那么我们现在 就是除了就是就是这几年的话就是汽车的增量是就是因为我们主攻进口气带的这一块所以它的增量还算是比较就是稳步的那么轴承呢是我们前几年刚开发的那么安徽工厂要开始逐步开始放量那么定期呢我们现在 就是像那个一些跟化工结合的一些材料还有一些就是一些叫弹簧类的弹簧类的材料那么还有就是现在可能就大家比较关注的就是像机器人的一部分的材料像那个机器人材料的话我们目前的话就是会有一些各种各样的齿轮然后呢还有一些就是检测器里面的柔轮对目前大概就是这样的一个情况吧 嗯好的好的哎田总这边呃我这边想跟您这边先请教一下就是呃像咱们这边啊安徽工厂的一个一个投产的话啊因为之前我们交流的情况也也有说到就是我们的这个 ...

苏州翔楼新材料股份有限公司 章 程 2025 年 2 月 | | | 苏州翔楼新材料股份有限公司章程 苏州翔楼新材料股份有限公司 章 程 第一章 总 则 第一条 为维护苏州翔楼新材料股份有限公司（以下简称"公司"或"本公 司"）、股东和债权人的合法权益，规范公司的组织和行为，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》（以下简称 《证券法》）、《深圳证券交易所创业板股票上市规则》（以下简称《创业板上 市规则》）和其他有关规定，制订本章程。 第二条 公司系依照《公司法》和其他有关法律法规、规范性文件和其他 相关规定成立的股份有限公司。公司是以发起设立方式由苏州翔楼金属制品有限 公司依法整体变更设立的股份有限公司。公司在苏州市行政审批局注册登记。 第三条 公司于 2022 年 3 月 29 日经中国证券监督管理委员会（以下简称 "中国证监会"）注册，首次向社会公众发行人民币普通股 1,866.6667 万股，该普 通股股票于 2022 年 6 月 6 日在深圳证券交易所（以下简称"交易所"）创业板上 市。 第四条 公司注册名称（中文）：苏州翔楼新材料股份有限公司。 公司的英文名称 ...