北京市金杜（南京）律师事务所 关于苏州翔楼新材料股份有限公司 2023 年年度股东大会 之法律意见书 致：苏州翔楼新材料股份有限公司 3. 公司 2024 年 4 月 12 日刊登于《中国证券报》《上海证券报》《证券时 报》《证券日报》、巨潮资讯网及深圳证券交易所网站的《苏州翔楼新材料股份 有限公司第三届监事会第十四次会议决议公告》； 4. 公司 2024 年 4 月 12 日刊登于《中国证券报》《上海证券报》《证券时 报》《证券日报》、巨潮资讯网及深圳证券交易所网站的《苏州翔楼新材料股份 有限公司关于召开 2023 年年度股东大会的通知》（以下简称《股东大会通知》）； 5. 公司本次股东大会股权登记日的股东名册； 6. 出席现场会议的股东的到会登记记录及凭证资料； 1. 经公司 2024 年第一次临时股东大会审议通过的《苏州翔楼新材料股份 有限公司章程》（以下简称《公司章程》）； 北京市金杜（南京）律师事务所（以下简称本所）接受苏州翔楼新材料股份 有限公司（以下简称公司）的委托，根据《中华人民共和国证券法》（以下简称 《证券法》）、《中华人民共和国公司法》（以下简称《公司法》）、《上市公司股东 大会规则（2 ...

证券代码：301160 证券简称：翔楼新材 公告编号：2024-033 苏州翔楼新材料股份有限公司 2023年年度股东大会决议公告 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。 特别提示： 1、本次股东大会未出现否决议案的情形。 2、本次股东大会未涉及变更以往股东大会已通过的决议。 一、会议召开和出席的情况 （一）会议召开情况 1、会议召开时间： （1） 现场会议召开时间：2024年5月16日（星期四）下午14:00。 （2） 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2024年5月16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 2024年5月16日上午 9:15 至下午 15:00 期间的任意时间。 3、会议召开方式：本次股东大会采取现场与网络投票相结合的方式 4、会议召集人：公司董事会 5、会议主持人：董事长钱和生先生 本次股东大会的召集、召开符合《中华人民共和国公司法》《上市公司股东 大会规则》《深圳证券交易所创业板股票上市规则》及《公司章程》等有 ...

苏州翔楼新材料股份有限公司 关于董事、高管辞职及补选董事、聘任高管的更正公告 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。 近日，苏州翔楼新材料股份有限公司（以下简称"公司"）于 2024 年 5 月 10 日披露了《关于董事、高管辞职及补选董事、聘任高管的公告》，经公司自 查，发现公告内容存在笔误，具体内容如下： 更正前： 董事会收到周辉先生递交的书面辞职报告，周辉先生因个人原因，申请辞 去公司董事、副总经理职务。辞职后，周辉先生不再担任本公司其他任何职务。 上述职务的原定任期至公司第三届董事会任期届满之日止。 更正后： 证券代码：301160 证券简称：翔楼新材 公告编号：2024-032 董事会收到周辉先生递交的书面辞职报告，周辉先生因个人原因，申请辞 去公司董事、副总经理职务。辞职后，周辉先生继续在公司任职。上述公司董 事、副总经理职务的原定任期至公司第三届董事会任期届满之日止。 除上述更正内容外，原公告其他内容不变。公司对上述更正给投资者带来 的不便深表歉意，今后公司将加强信息披露过程中的审核工作，提高信息披露 质量，敬请广大投资者谅解。 特此公告 ...

证券代码：301160 证券简称：翔楼新材 公告编号：2024-030 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、高级管理人员辞职的情况 近日，苏州翔楼新材料股份有限公司（以下简称"公司"）董事会收到周辉 先生递交的书面辞职报告，周辉先生因个人原因，申请辞去公司董事、副总经 理职务。辞职后，周辉先生不再担任本公司其他任何职务。上述职务的原定任 期至公司第三届董事会任期届满之日止。 根据《公司法》《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》及《公司章程》等相关规定，周辉先生的辞任，不会导 致公司董事会成员低于法定人数，不会对公司日常生产经营产生重大影响。周 辉先生的辞职报告自送达董事会之日起生效。 截至本公告披露日，周辉先生持有公司股份 2,148,000 股，占公司总股本 的 2.71%。周辉先生将严格遵守《上市公司股东、董监高减持股份的若干规定》 及《深圳证券交易所上市公司股东及董事、监事、高级管理人员减持股份实施 细则》等相关法律法规及其所作出的承诺。 苏州翔楼新材料股份有限公司 关于董事、高管辞职及补选董事 ...

一、会议召开的基本情况 证券代码：301160 证券简称：翔楼新材 公告编号：2024-031 苏州翔楼新材料股份有限公司 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。 关于召开 2024 年第二次临时股东大会的通知 苏州翔楼新材料股份有限公司（以下简称"公司"）第三届董事会第十七次会 议决定于2024年5月27日（星期一）召开公司2024年第二次临时股东大会（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： 1、会议届次： 2024年第二次临时股东大会 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：2024年5月27日（星期一）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 2024 年5月27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 2024年5月27日上午 9:1 ...

证券代码：301160 证券简称：翔楼新材 公告编号：2024-029 苏州翔楼新材料股份有限公司 第三届董事会第十七次会议决议公告 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"）第三届董事会第十七次会 议（以下简称"本次会议"）已于 2024 年 5 月 6 日以书面及邮件方式通知了全体 董事，会议于 2024 年 5 月 9 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 8 人，实到董事 8 人，其中刘庆雷、杨春福、 朱建华、钱亚萍以通讯方式参加。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《关于补选公司第三届董事会非独立董事的议案》 鉴于周辉先生因个人原因申请辞去公司第三届董事会非独立董事职务及副 总经理职务，其辞职报告自送达董事会时生效，现提名张玉平先生 ...

华泰联合证券有限责任公司 关于苏州翔楼新材料股份有限公司 2023 年度跟踪报告 | 保荐人名称：华泰联合证券有限责任公司 | 被保荐公司简称：翔楼新材 | | --- | --- | | 保荐代表人姓名：孙天驰 | 联系电话：025-83387696 | | 保荐代表人姓名：吴学孔 | 联系电话：025-83387696 | | 项目 | 工作内容 | | | | --- | --- | --- | --- | | 告除外） | | | | | （1）向深圳证券交易所报告的次数 | 无 | | | | （2）报告事项的主要内容 | 不适用 | | | | （3）报告事项的进展或者整改情况 | 不适用 | | | | 8.关注职责的履行情况 | | | | | （1）是否存在需要关注的事项 | 无 | | | | （2）关注事项的主要内容 | 不适用 | | | | （3）关注事项的进展或者整改情况 | 不适用 | | | | 9.保荐业务工作底稿记录、保管是否合规 | 是 | | | | 10.对上市公司培训情况 | | | | | （1）培训次数 | 次 1 | | | | （2）培训日期 | 年 月 2 ...

Financial Performance - The company's revenue for Q1 2024 reached ¥350,432,761.36, representing a 35.38% increase compared to ¥258,841,792.01 in the same period last year[5] - Net profit attributable to shareholders was ¥50,662,761.03, up 26.96% from ¥39,905,911.85 year-on-year[5] - Basic earnings per share increased to ¥0.65, a rise of 22.64% from ¥0.53 in the same period last year[5] - Total operating revenue for Q1 2024 reached ¥350,432,761.36, a significant increase of 35.4% compared to ¥258,841,792.01 in Q1 2023[25] - Net profit for Q1 2024 was ¥50,662,761.03, representing a 27% increase from ¥39,905,911.85 in Q1 2023[26] - Basic earnings per share for Q1 2024 were ¥0.65, compared to ¥0.53 in Q1 2023, reflecting a growth of 22.6%[27] Cash Flow - The net cash flow from operating activities decreased by 64.55%, amounting to ¥27,834,330.96, down from ¥78,527,978.69 in the previous year[11] - Operating cash inflow for the current period was $260,172,137.11, an increase of 26.5% from $205,702,614.19 in the previous period[29] - Net cash outflow from operating activities was $27,834,330.96, down 64.5% from $78,527,978.69 in the previous period[29] - Cash inflow from investment activities totaled $370,684,456.43, a decrease of 10.2% compared to $412,956,715.92 in the previous period[30] - Net cash outflow from investment activities was $48,377,520.03, an improvement from a net outflow of $145,095,058.72 in the previous period[30] - Cash inflow from financing activities was $50,000,000.00, with a net cash outflow of $29,451,553.53, compared to a net outflow of $68,148,380.54 in the previous period[30] - The ending cash and cash equivalents balance was $247,903,738.39, up from $168,961,319.49 in the previous period[30] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,807,557,572.97, down 4.78% from ¥1,898,307,138.67 at the end of the previous year[5] - Total liabilities decreased to ¥242,028,908.92 in Q1 2024 from ¥331,423,921.23 in Q1 2023, a reduction of 27%[23] - Cash and cash equivalents decreased to ¥1,252,634,077.30 in Q1 2024 from ¥1,418,480,021.93 in Q1 2023, a decline of 11.7%[22] - Accounts receivable decreased from 429,832,352.33 RMB to 380,163,055.69 RMB, a reduction of about 11.5%[20] - Inventory decreased from 310,206,194.54 RMB to 300,451,356.12 RMB, a decline of approximately 3.7%[20] Research and Development - Research and development expenses increased by 38.56% to ¥15,347,037.81, compared to ¥11,076,228.95 in the previous year[11] - Research and development expenses increased to ¥15,347,037.81 in Q1 2024, up 38.5% from ¥11,076,228.95 in Q1 2023[25] Shareholder Information - The total number of common shareholders at the end of the reporting period is 6,243[13] - The largest shareholder, Qian Hesheng, holds 26.17% of shares, totaling 20,720,000 shares[13] - The company plans to issue 3,636,647 shares at a price of 29.47 RMB per share, raising a total of 107,171,987.09 RMB[18] - The second vesting period of the 2022 restricted stock incentive plan will result in 880,000 shares being listed, representing 1.12% of the total shares before vesting[19] - The top ten shareholders include significant stakes from family members, indicating potential influence on company decisions[14] - The company has not disclosed any related party transactions among the top shareholders[14] Other Income and Expenses - The company reported a significant increase in other income, which rose by 133.34% to ¥6,657,775.09 from ¥2,853,308.11 year-on-year[11] - The company reported other income of ¥6,657,775.09 in Q1 2024, compared to ¥2,853,308.11 in Q1 2023, indicating a growth of 133.5%[26] Audit Information - The company did not undergo an audit for the first quarter report[31]

Investment Rating - The report maintains an "Accumulate" rating for the company, indicating a positive outlook for the stock in the near term [5]. Core Insights - In 2023, the company achieved revenue of 1.35 billion yuan, a year-on-year increase of 12%, and a net profit attributable to shareholders of 200.72 million yuan, up 42% year-on-year, aligning with market expectations [2]. - The company operates at a high capacity utilization rate, with a production capacity of 160,000 tons and a production output of 162,000 tons in 2023, resulting in a capacity utilization rate of 101.5% [3]. - The upgrade in order structure has led to a continuous increase in profit per ton, with a comprehensive gross profit of 2,136 yuan per ton in 2023, reflecting a 10% year-on-year increase [4]. - The company has consistently maintained a gross profit margin above 20% since 2015, surpassing 25% in 2023, with expectations for further improvement due to advancements in product complexity and new market expansions [5]. Financial Performance Summary - The company's total revenue is projected to grow from 1.35 billion yuan in 2023 to 2.5 billion yuan by 2026, with a compound annual growth rate (CAGR) of approximately 25.37% [1]. - The net profit attributable to shareholders is expected to increase from 200.72 million yuan in 2023 to 367.89 million yuan in 2026, reflecting a CAGR of about 29.60% [1]. - The earnings per share (EPS) is forecasted to rise from 2.53 yuan in 2023 to 4.65 yuan in 2026, indicating a strong growth trajectory [1]. - The price-to-earnings (P/E) ratio is projected to decrease from 15.01 in 2023 to 8.19 in 2026, suggesting an attractive valuation as earnings grow [1]. Capacity and Production Insights - The company plans to optimize production capacity at its Suzhou plant and expects to complete the construction of its Anhui plant by the end of 2024, which will add 40,000 tons of capacity in 2025, bringing total capacity to 300,000 tons [9]. Research and Development - The company has increased its R&D investment, with R&D expenses rising to 3.8% of total revenue in 2023, reflecting a commitment to enhancing customization capabilities and product innovation [6].

Investment Rating - The report maintains an "Accumulate" rating for the company [15][15]. Core Views - The company has exceeded performance expectations in 2023, capturing opportunities in downstream demand and actively adjusting its product structure to increase the proportion of high-margin products [1][1]. - The company is expanding into new application areas, particularly in the bearing sector, which further enhances its growth potential [1][1]. - The target price is set at 50.00, with the current price at 38.06, indicating potential upside [15][15]. Financial Performance - In 2023, the company achieved a revenue of 1.353 billion, representing a year-on-year increase of 11.69% [1][1]. - The net profit attributable to shareholders for 2023 was 201 million, up 42.2% year-on-year [1][1]. - The company forecasts net profits of 237 million for 2024 and 282 million for 2025, reflecting continued growth [1][1]. Market Demand - The automotive sector accounted for 83.75% of the company's downstream demand in 2023, with a total production of 3.01132 million vehicles in China, marking a 9.3% year-on-year increase [1][1]. - The company's total sales volume of metal products reached 16.07 million tons in 2023, up 19.57% year-on-year [1][1]. Strategic Initiatives - The company is focusing on optimizing its order structure due to strong downstream demand, which has led to significant growth in customer orders [1][1]. - The company is entering the core customer supply chain in the bearing sector, with plans to expand into high-speed rail, aviation, and robotics applications [1][1]. Capacity Expansion - The company is expected to complete its Anhui factory project by the end of 2024, which will add 4 million tons of capacity [1][1]. - The total capacity from fundraising projects is projected to reach 30 million tons upon full production [1][1].