证券代码：301489 证券简称：思泉新材 公告编号：2024-066 广东思泉新材料股份有限公司 关于 2024 年第五次临时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： 一、会议召开和出席情况 （一）会议召开情况 1. 会议召开时间： 6. 本次股东大会会议的召集、召开符合《中华人民共和国公司法》（以下 简称"《公司法》"）等有关法律、行政法规、部门规章、规范性文件和《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。 （二）会议出席情况 1. 总体出席情况 （1）现场会议时间：2024 年 11 月 29 日（星期五）14:50 （2）网络投票时间：2024 年 11 月 29 日（星期五） 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：2024 年 11 月 29 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：2024 年 11 月 29 日 09:15-15 ...

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 年第五次临时股东大会 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 年第五次临时股东大会（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 ...

Investment Rating - Maintain "Overweight" rating [13] Core Views - The company's revenue is growing rapidly, with stable profitability growth [5] - The company is deeply involved in the thermal management industry, benefiting from the recovery of consumer electronics [6] - The company's revenue for the first three quarters of 2024 reached 425 million yuan, a year-on-year increase of 31.60%, with net profit attributable to shareholders of 42 million yuan, a year-on-year increase of 10.92% [8] - The company's Q3 revenue in 2024 was 208 million yuan, a year-on-year increase of 62.05%, with net profit attributable to shareholders of 19 million yuan, a year-on-year increase of 36.84% [9] - The company is expected to further increase its market share and consolidate its industry position as consumer electronics demand recovers [9] Market Performance - The company's thermal management products are widely used in consumer electronics such as smartphones, laptops, tablets, and wearable devices [9] - Global smartphone shipments in Q3 2024 increased by 5% year-on-year to 309.9 million units, the strongest Q3 performance since 2021 [9] - The company is one of the few providers in the industry capable of offering systematic thermal solutions for consumer electronics [9] New Business Development - The company has expanded its product portfolio through new setups, acquisitions, and mergers, including products like cooling fans, liquid silicone, electronic glass, and automotive adhesives [11] - Multiple new businesses have achieved bulk sales with sufficient orders, and some new products are in the certification stage with international consumer electronics customers [11] - Orders from a major North American customer increased significantly in Q3 2024, with expectations to further increase market share with this customer in 2024 [11] Financial Forecasts - Revenue for 2024-2026 is forecasted to be 580 million yuan, 779 million yuan, and 1.086 billion yuan, respectively [12] - EPS for 2024-2026 is expected to be 1.32 yuan, 1.87 yuan, and 2.63 yuan, respectively [13] - The current stock price corresponds to PE ratios of 48x, 34x, and 24x for 2024-2026 [13] - Revenue growth rates for 2024-2026 are projected at 33.5%, 34.5%, and 39.4%, respectively [15] - Net profit attributable to shareholders is expected to grow at rates of 39.9%, 41.2%, and 41.0% for 2024-2026 [15] Financial Metrics - Gross margin is expected to remain stable at around 25.1%-25.8% from 2023 to 2026 [15] - Net profit margin is forecasted to increase from 12.6% in 2023 to 14.0% in 2026 [15] - ROE is projected to rise from 5.4% in 2023 to 12.1% in 2026 [15] - Asset-liability ratio is expected to increase from 16.3% in 2023 to 24.8% in 2026 [15]

Investment Rating - Buy | Maintain [2] Core Views - The company achieved double-digit growth in both revenue and profit in Q3 2024, with revenue reaching 425 million yuan, a year-on-year increase of 31.60%, and a quarter-on-quarter increase of 70.79%. Net profit attributable to shareholders was 41.72 million yuan, up 11.07% year-on-year and 44.27% quarter-on-quarter [5] - The company is actively advancing its Vietnam project, establishing a wholly-owned subsidiary, Vietnam Siquan New Materials Co., Ltd., to invest in thermal management product projects. The company has selected a land plot in the VSIP Industrial Park in Bac Ninh, Vietnam, and has paid part of the land fee [6] - The company is focusing on the "thermal management materials + thermal management components + thermal management systems" product strategy, strengthening strategic cooperation with international clients, and providing comprehensive thermal design and product solutions [6] - The integration of AI technology is driving new market opportunities in consumer electronics, with international tech companies launching AI phones and AI PCs, which require more advanced thermal solutions. The company is expected to benefit from this trend and secure more orders [6] - The company's North American client saw a significant increase in orders in Q3 2024 compared to Q2, and the company plans to further increase its share with this client in 2024 [6] Financial Projections - Revenue is expected to reach 640 million yuan in 2024, 850 million yuan in 2025, and 1.15 billion yuan in 2026, with year-on-year growth rates of 47.39%, 32.85%, and 35.28% respectively [11] - Net profit attributable to shareholders is projected to be 70.37 million yuan in 2024, 100.18 million yuan in 2025, and 150.44 million yuan in 2026, with growth rates of 28.94%, 42.36%, and 50.17% respectively [11] - EPS is forecasted to be 1.22 yuan in 2024, 1.74 yuan in 2025, and 2.61 yuan in 2026 [11] - The company's P/E ratio is expected to be 55.26x in 2024, 38.82x in 2025, and 25.85x in 2026 [11] Company Overview - The latest closing price is 67.42 yuan, with a total market capitalization of 3.9 billion yuan and a circulating market capitalization of 2.3 billion yuan [4] - The company has a total share capital of 580 million shares, with 340 million shares in circulation [4] - The 52-week high and low prices are 92.98 yuan and 35.57 yuan, respectively [4] - The debt-to-asset ratio is 16.3%, and the P/E ratio is 56.18x [4] - The largest shareholder is Ren Zeming [4] Industry and Market Trends - The company is benefiting from the integration of AI technology in consumer electronics, which is driving demand for advanced thermal management solutions [6] - The company is expanding its overseas presence, particularly in Vietnam, to enhance its market share and profitability [6] - The company is strengthening its strategic partnerships with leading international clients, particularly in the North American market [6]

证券代码：301489 证券简称：思泉新材 广东思泉新材料股份有限公司 投资者关系活动记录表 编号：2024-016 | --- | --- | --- | |-------------------------|----------------------------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------| | | ☑ 特定对象调研 | ☐ 分析师会议 | | | ☐ 媒体采访 | ☐业绩说明会 | | 投资者关系活 动类别 | ☐ 新闻发布会 | ☐ 路演活动 | | | ☑ ...

Core Viewpoint - The company Siquan New Materials (301489) announced that two shareholders plan to reduce their holdings, which may impact the stock's performance and investor sentiment [1] Shareholder Reduction Plans - Shareholder Shenzhen Fuhai New Materials Phase II Venture Capital Fund Partnership (Limited Partnership) intends to reduce its stake by up to 1,153,600 shares, representing no more than 2% of the total shares [1] - Shareholder SME Development Fund (Shenzhen Nanshan Limited Partnership) plans to reduce its stake by up to 835,000 shares, accounting for no more than 1.45% of the total shares [1] - The total planned reduction from both shareholders amounts to no more than 3.45% of the company's total shares [1]

证券代码：301489 证券简称：思泉新材 公告编号：2024-065 广东思泉新材料股份有限公司 关于持股 5%以上股东减持股份预披露公告 持股 5%以上股东深圳市富海新材二期创业投资基金合伙企业（有限合伙） 及其同一控制下企业中小企业发展基金（深圳南山有限合伙）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。 特别提示： 持有广东思泉新材料股份有限公司（以下简称"公司"）3,400,000 股（占公 司总股本的 5.8945%）的股东深圳市富海新材二期创业投资基金合伙企业（有限 合伙）（以下简称"富海新材"）计划以集中竞价交易和/或大宗交易的方式减 持公司股份数量合计不超过 1,153,627 股，即不超过公司股份总数的 2.0000%。 其减持计划将于本次减持公告披露之日起 15 个交易日后的 3 个月内进行，减持 实施期间为 2024 年 11 月 25 日至 2025 年 2 月 24 日。 持有公司 835,000 股（占公司总股本的 1.4476%）的股东中小企业发展基金 （深圳南山有限合伙）（ ...

好的尊敬的各位投资者大家下午好 我看了一下我们报名的名单大部分都是一直在关心私权的老朋友了那么也有一部分新朋友所以呢还是请大家让我用稍微一点点时间再简单介绍一下私权好吧然后也给大家更新一下我们之前交流的一些情况可能有些业务啊有些项目啊现在有新的一些进展先给大家更新一下 资权是设立于2011年那么我们到现在有13年的单人行业的经验在2023年的10月24号是在咱们深江所的创业板上市目前是国家高新技术企业也是我们的小资源企业现在资权经过多年的发展 与热管理材料为主慢慢衍生出来两大系列的产品一个是热管理系列一个是环境适应性系列的产品这个后面会有介绍那么我们主要90%多的营业收入都来自于咱们的 来自于我们的主要产品石墨人工合成石墨这块咱们销售额在排名还是比较靠前的那么我们在去年也被评为东莞市的单项冠军产品在2022年的时候我们的市场占有率是全国第三广东省第一那么23年的我们今年没有去找材料行业协会去给我们出证明 四全现在有将近一千多号研发人员占比14%截至目前我们是有114项专利其中申请还有30多项这个也是境内境外的专利也都有基本上涵盖了四全所有的一些产品 那其中呢我们的高导热熔性石墨膜这个高温烧解技术以及高导热绝缘 ...

证券代码：301489 证券简称：思泉新材 编号：2024-015 广东思泉新材料股份有限公司 投资者关系活动记录表 | --- | --- | --- | |---------------------|----------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------| | | | | | | 特定对象调研 | 分析师会议 | | | 媒体采访 | 业绩说明会 | | 投资者关系活 动类别 | 新闻发布会 | 路演活动 | | | 现场参观 | | | | 其他：电话会议 | | | | | 中国 ...

广东思泉新材料股份有限公司 2024 年第三季度报告 证券代码：301489 证券简称：思泉新材 公告编号：2024-059 广东思泉新材料股份有限公司 2024 年第三季度报告 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。 重要内容提示： 1.董事会、监事会及董事、监事、高级管理人员保证季度报告的真实、准确、完整，不存在虚假记载、 误导性陈述或重大遗漏，并承担个别和连带的法律责任。 2.公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）声明：保证季度报告中财务信 息的真实、准确、完整。 3.第三季度报告是否经过审计 □是 否 1 广东思泉新材料股份有限公司 2024 年第三季度报告 会计政策变更 会计政策变更的原因及会计差错更正的情况 一、主要财务数据 （一） 主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 是 □否 追溯调整或重述原因 | --- | --- | --- | --- | --- | --- | --- | --- | --- | |---------------------------------------- ...