证券代码：301489 证券简称：思泉新材 公告编号：2025-032 广东思泉新材料股份有限公司 2024 年度权益分派实施公告 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。 广东思泉新材料股份有限公司（以下简称"公司"或"本公司"）2024 年 度权益分派方案已获 2025 年 5 月 12 日召开的 2024 年度股东大会审议通过，现 将权益分派事宜公告如下： 一、股东大会审议通过利润分配及转增股本方案的情况 1. 2024 年度股东大会审议通过的 2024 年度利润分配方案为：以截至 2024 年 12 月 31 日公司的总股本 57,681,334 股为基数，公司拟向全体股东每 10 股派 发现金股利人民币 2.50 元（含税），合计派发现金股利人民币 14,420,333.50 元 （含税），以资本公积金向全体股东每 10 股转增 4 股，合计转增股本 23,072,533 股，转增后公司总股本将增至 80,753,867 股，不送红股，剩余未分配利润结转以 后年度分配。若在 2024 年度利润分配方案实施前公司总股本由于可转债转股、 股份回购、 ...

持股 5%以上股东、董事、高级管理人员廖骁飞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。 广东思泉新材料股份有限公司（以下简称"公司"）于 2025 年 2 月 7 日披露 了《关于持股 5%以上股东、董事、高级管理人员减持股份预披露公告》。其中 公司持股 5%以上股东、董事、高级管理人员廖骁飞计划以集中竞价交易和大宗 交易的方式减持公司股份数量合计不超过 1,000,000 股，即不超过公司目前总股 本的 1.7337%。上述减持计划自上述公告披露之日起 15 个交易日后的 3 个月内 进行，减持实施期间为 2025 年 3 月 4 日至 2025 年 6 月 3 日止。截至本公告披露 之日，廖骁飞上述减持计划已实施完毕。 公司于 2025 年 4 月 1 日披露了《关于持股 5%以上股东、董事、高级管理人 员权益变动暨持股比例降至 10%的提示性公告》，廖骁飞于 2025 年 3 月 17 日至 3 月 31 日期间通过集中竞价交易和大宗交易的方式累计减持公司股份 477,700 股，占公司股份总数的 ...

Investment Rating - The report maintains an "Accumulate" investment rating for the company [2][8]. Core Insights - The company has experienced a significant revenue increase, with a 51.1% year-on-year growth in 2024, reaching 656 million yuan, while net profit slightly decreased by 3.88% to 52.45 million yuan due to increased expenses from newly acquired subsidiaries and higher sales and R&D costs [4]. - In Q1 2025, the company reported a revenue of 183 million yuan, a 93.59% increase year-on-year, and a net profit of 17.72 million yuan, up 79.57%, indicating a strong acceleration in profit growth driven by increased orders from North American clients and the release of production capacity from fundraising projects [4][5]. - The company is well-positioned to benefit from the AI-driven growth in the consumer electronics sector, with expectations of a 63% CAGR for AI smartphones from 2023 to 2028, which will increase demand for comprehensive thermal management solutions [5][6]. Summary by Sections Financial Performance - In 2024, the company achieved a revenue of 656 million yuan with a growth rate of 51.1%, while the net profit was 52 million yuan, reflecting a decline of 3.9% [9]. - Forecasted net profits for 2025, 2026, and 2027 are 108 million, 152 million, and 202 million yuan respectively, with corresponding EPS of 1.87, 2.64, and 3.50 yuan [8][9]. Business Development - The company has diversified its operations into several new areas, including automotive applications, smart home technology, and AI servers, leveraging its strong brand and technical capabilities [6][7]. - The automotive sector is expected to see significant growth, particularly in applications related to electric vehicle batteries and cockpit electronics [6][7]. Market Outlook - The global smartphone market showed signs of recovery, with a 0.5% year-on-year increase in Q1 2025, and the Chinese market growing by 9% due to consumer electronics subsidies [5]. - The company is actively pursuing partnerships in emerging fields such as robotics and AI, which are anticipated to drive future growth [7].

Market Overview - As of May 16, the Shanghai Composite Index closed at 3367.46 points, down 13.36 points, a decrease of 0.40% [1] - The Shenzhen Component Index closed at 10179.60 points, down 6.85 points, a decrease of 0.07% [1] - The ChiNext Index closed at 2039.45 points, down 3.80 points, a decrease of 0.19% [1] Stock Performance - A total of 113 A-shares had a turnover rate exceeding 20% on this day, indicating significant trading activity [1] - Notable stocks with high turnover rates included: - C Zairun (301636) with a turnover rate of 79.01% and a price increase of 99.52% [1] - C Hanbang (688755) with a turnover rate of 75.65% and a price increase of 102.46% [1] - Ningbo Yuanyang (601022) with a turnover rate of 67.73% and a price increase of 9.98% [1] - Tian Gong Co. (920068) with a turnover rate of 53.83% and a price decrease of 7.78% [1] - Bawei Co. (837023) with a turnover rate of 50.87% and a price decrease of 12.12% [1] Additional Notable Stocks - Other stocks with significant turnover rates included: - Hongqiang Co. (002809) at 49.79% with a price increase of 9.99% [1] - Huafang Co. (600448) at 49.78% with a price decrease of 2.10% [1] - Huaguang Yuanhai (872351) at 46.17% with a price decrease of 11.43% [1] - Jinjiang Shipping (601083) at 41.68% with a price decrease of 8.89% [1] - Zhongzhou Special Materials (300963) at 41.61% with a price increase of 20.00% [1]

证券代码：301489 证券简称：思泉新材 公告编号：2025-030 广东思泉新材料股份有限公司 关于 2024 年度股东大会决议的公告 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。 特别提示： 1. 本次股东大会未出现否决提案的情形； （2）网络投票时间：2025 年 5 月 12 日（星期一） 其中，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 12 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系统 （http://wltp.cninfo.com.cn）投票的具体时间为：2025 年 5 月 12 日 09:15-15:00 的任意时间。 2. 会议召开地点：广东省东莞市企石镇企石环镇路 362 号思泉科技园 1 栋 一楼会议室。 3. 会议召开方式：本次会议采取现场投票与网络投票相结合的方式召开。 4. 会议召集人：公司董事会。 5. 会议主持人：董事长任泽明先生。 2. 本次股东大会未涉及变更以往股东大会已通过的决议的情形。 一、会议召开和出席情况 （一）会议召开情况 ...

北京中银（深圳）律师事务所 法律意见书 北京中银（深圳）律师事务所 关于广东思泉新材料股份有限公司 2024 年度股东大会 法律意见书 致：广东思泉新材料股份有限公司 北京中银（深圳）律师事务所（以下简称"本所"）接受广东思泉新材料股 份有限公司（以下简称"思泉新材"、"公司"）的委托，指派本所律师出席公司 2024 年度股东大会（以下简称"本次股东大会"），并依据《中华人民共和国公 司法》（以下简称"《公司法》"）、中国证券监督管理委员会《上市公司股东 大会规则》（以下简称"《股东大会规则》"）等现行有效的法律、行政法规、 规章和规范性文件以及《广东思泉新材料股份有限公司章程》（以下简称"《公 司章程》"）的规定，并出具本法律意见书。 为出具本法律意见书，本所及本所律师依据《律师事务所从事证券法律业务 管理办法》和《律师事务所证券法律业务执业规则（试行）》等规定，严格履行 了法定职责，遵循了勤勉尽责和诚实信用原则，对本次股东大会所涉及的相关事 项进行了必要的核查和验证，审查了本所律师认为出具本法律意见书所需审查的 相关文件、资料，并参加了公司本次股东大会的全过程。本所保证本法律意见书 所认定的事实真实、准确 ...

Core Viewpoint - Company is focusing on expanding its business in emerging markets such as AI PCs and AI smartphones, leveraging the growing demand for comprehensive thermal management solutions in consumer electronics [2][10]. Business Expansion Plans - The company plans to enhance its market share and optimize product structure while developing new markets in electric vehicles, energy storage, servers, and smart home applications [2]. - A significant investment of $65 million is planned for establishing a production base in Vietnam, which will help expand production capacity and improve market share [3]. R&D and Product Development - In 2024, the company increased its R&D investment significantly, with a 72.97% growth in the number of R&D personnel and a 56.42% increase in R&D expenses compared to the previous year [4]. - The company obtained 15 new invention patents and 5 utility model patents, indicating a strong focus on innovation and technology advancement [4]. Financial Performance - In 2024, the company achieved a revenue of 656 million yuan, a year-on-year increase of 51.10%, while net profit decreased by 3.88% [5]. - For Q1 2025, the company reported a revenue of 183 million yuan, a 93.59% increase year-on-year, and a net profit of 17.72 million yuan, up 79.57% [5][13]. Market Trends and Future Outlook - The consumer electronics industry is expected to grow significantly in 2024, driven by advancements in AI, cloud computing, and 5G technologies [12]. - The company aims to strengthen its market position in graphite products and expand into new product areas such as liquid cooling and electronic adhesives [12]. Investment and Shareholder Returns - The company plans to distribute a cash dividend of 2.50 yuan per 10 shares and increase capital reserves by converting 4 shares for every 10 shares held [6]. - Recent market performance shows a positive trend, with the stock price increasing from 55 to 62, reflecting investor confidence [6].

Group 1: Business Expansion and Market Strategy - The company plans to invest $65 million in a production base for high-performance thermal management products in Vietnam, which will enhance production capacity and market share [2] - The company aims to leverage synergies between new and existing businesses, focusing on strategic partnerships with major clients like North American companies and Xiaomi [2] - The company is committed to enhancing its market share in emerging sectors such as new energy vehicles, energy storage, and smart home technologies [1] Group 2: Research and Development - The R&D team has grown by 72.97% year-on-year, with R&D expenses increasing by 56.42% compared to the previous year [3] - The company obtained 15 new invention patents and 5 utility model patents in 2024, indicating a strong focus on innovation [3] - Continuous investment in technology and product upgrades is aimed at maintaining a competitive edge in thermal management materials and related fields [3] Group 3: Financial Performance - In 2024, the company achieved a revenue of 656 million yuan, a year-on-year increase of 51.10%, while net profit decreased by 3.88% [4] - The first quarter of 2025 saw a revenue of 183 million yuan, representing a 93.59% increase year-on-year, with net profit rising by 79.57% [4] - The company plans to distribute a cash dividend of 2.50 yuan per 10 shares and a stock bonus of 4 shares for every 10 shares held [4] Group 4: Market Trends and Future Outlook - The consumer electronics market is expected to grow significantly due to advancements in AI, cloud computing, and 5G technologies [5] - The automotive sector, particularly in new energy vehicles, is experiencing rapid growth, driven by favorable policies and increased supply [6] - The company aims to strengthen its core products while expanding into new markets and technologies to ensure sustainable growth [6]

Group 1 - The core viewpoint of the articles highlights the strong performance of Siquan New Materials in Q1 2025, with a revenue of 183 million yuan, representing a 93.59% year-on-year increase, and a net profit of 18 million yuan, reflecting a 79.57% growth compared to the same period last year [1][2] - Siquan New Materials is a leading provider of thermal management solutions, producing graphite heat dissipation sheets, thermal pads, and other thermal interface materials, with applications in consumer electronics, automotive electronics, and photovoltaic energy storage [1] - The company has established partnerships with major clients in the technology and consumer electronics sectors, including North American clients, Xiaomi, Vivo, and Samsung, providing comprehensive thermal management solutions [1] Group 2 - Siquan New Materials is focused on increasing market share and optimizing product structure while promoting collaborative development across various business sectors, including electric vehicles, energy storage, servers, and smart home markets [2] - The company aims to leverage existing customer resources, technological accumulation, and R&D capabilities to deepen long-term strategic cooperation with clients, creating a new growth engine for rapid, high-quality, and sustainable development [2] - Since its listing, Siquan New Materials has actively pursued fundraising projects and is expanding its production capacity to meet the increasing orders from North American clients, indicating a promising outlook for revenue growth [2]

一、主要会计数据和财务指标 | 报告期指标 | 2025年一季报 | 2024年一季报 | 本年比上年增减(%) | 2023年一季报 | | --- | --- | --- | --- | --- | | 基本每股收益（元） | 0.3100 | 0.1700 | 82.35 | 0.3000 | | 每股净资产（元） | 18.23 | 17.46 | 4.41 | 9.75 | | 每股公积金(元) | 11.54 | 11.57 | -0.26 | 0 | | 每股未分配利润(元) | 5.03 | 4.37 | 15.1 | | | 每股经营现金流(元) | - | - | - | - | | 营业收入(亿元) | 1.83 | 0.95 | 92.63 | 0.99 | | 净利润(亿元) | 0.18 | 0.1 | 80 | 0.13 | | 净资产收益率(%) | 1.70 | 0.98 | 73.47 | 3.08 | | 名称 | 持有数量(万股) | 占总股本比 | 增减情况 | | --- | --- | --- | --- | | | | 例(%) | (万股) | | 深圳市富海 ...