证券代码：301500 证券简称：飞南资源 编号：2025-006 | | □特定对象调研 □分析师会议 | | --- | --- | | 投资者关系 | □媒体采访 √业绩说明会 | | 活动类别 | □新闻发布会 □路演活动 | | | □现场参观 □其他 | | 参与单位名称 | 投资者网上提问 | | 及人员姓名 | | | 时间 2025 | 年 11 月 5 日 15:00-17:00 | | 地点 | 公司通过全景网"投资者关系互动平台"（https://ir.p5w.net） | | | 采用网络远程的方式召开业绩说明会。 | | 上市公司接待 | 董事长、总经理 孙雁军；董事会秘书、财务总监 李晓娟； | | 人员姓名 | 独立董事 钟敏；保荐代表人 赵伟。 公司就投资者在本次说明会中提出的问题进行了回复： | | | 1、尊敬的孙董事长，目前公司规划拟投或在投的新项目有 哪几个？相应的投资金额和建设进度情况如何？能为我们投资 | | | 者做个全景描绘吗？ | | | 您好！新建项目方面，赣州飞南工业废盐资源化利用项目已 | | 投资者关系 活动主要内容 | 取得环评、能评、安评等批复， ...

格隆汇11月3日丨飞南资源(301500.SZ)公布，全资子公司广西飞南资源利用有限公司（简称广西飞南） 原《危险废物经营许可证》于2025年5月26日到期，公司于2025年5月27日披露了《关于全资子公司广西 飞南危险废物经营许可证到期换证进展的公告》。近日，广西飞南已取得广西壮族自治区生态环境厅换 发的《危险废物经营许可证》。 ...

广东飞南资源利用股份有限公司（以下简称公司）全资子公司广西飞南资源 利用有限公司（以下简称广西飞南）原《危险废物经营许可证》于 2025 年 5 月 26 日到期，公司于 2025 年 5 月 27 日披露了《关于全资子公司广西飞南危险废 物经营许可证到期换证进展的公告》。近日，广西飞南已取得广西壮族自治区生 态环境厅换发的《危险废物经营许可证》。具体情况如下： 法人名称：广西飞南资源利用有限公司 证券代码：301500 证券简称：飞南资源 公告编号：2025-065 广东飞南资源利用股份有限公司 关于全资子公司广西飞南危险废物经营许可证获准续期的 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。 一、基本情况 广西飞南资源利用有限公司危险废物经营许可证。 特此公告。 法定代表人：梁文林 住所：广西壮族自治区来宾市象州县石龙镇工业园区石龙片区 B 区佳园二路 1 号 经营设施地址：象州县工业园区石龙片区 B 区再生资源回收利用综合产业园 核准经营危险废物类别及经营规模：收集、贮存、利用、处置 HW02 医药废 物（271-004-02、272-003-02 ...

飞南资源成立于2008年8月22日，于2023年9月21日在深圳证券交易所上市，注册地址位于广东省，办公地 址位于广东省。它是国内领先的有色金属危险废物处置及再生资源回收利用企业，具备全产业链优势。 公司主营业务为有色金属类危险废物处置业务及再生资源回收利用业务，所属申万行业为环保 - 环境治理 - 固废治理，所属概念板块包括有色铜、固废处理、黄金股核聚变、超导概念、核电。 经营业绩：营收行业第二，净利润第十七 2025年三季度，飞南资源营业收入达107.07亿元，行业排名2/35，高于行业平均数33.34亿元和中位数24亿 元，行业第一名浙富控股营收为161.55亿元。同期净利润为2.17亿元，行业排名17/35，行业平均数为3.69 亿元，中位数为2.13亿元，行业第一名伟明环保净利润22.38亿元，第二名瀚蓝环境18.28亿元。 资产负债率高于同业平均，毛利率低于同业平均 图：飞南资源净利润及增速 A股股东户数较上期增加50.10% 截至2025年9月30日，A股股东户数为1.67万，较上期增加50.10%；户均持有流通A股数量为8416.41，较上 期减少6.73%。 图：飞南资源营收及增速 风险提示 ...

Core Viewpoint - Guangdong Feinan Resource Utilization Co., Ltd. announced plans to invest approximately 880 million yuan in a new energy materials project through its wholly-owned subsidiary, Guangxi Feinan Resource Utilization Co., Ltd. The project aims to produce nickel sulfate and electroplated nickel using high ice nickel as raw material, with a total construction period of about 20 months [1]. Group 1: Project Details - The project will cover a total land area of approximately 179 acres and will utilize high ice nickel as the raw material, undergoing processes such as leaching, extraction, evaporation crystallization, and electroplating to produce nickel sulfate and electroplated nickel [1]. - The expected annual output includes 10,010.01 tons of electrolytic nickel plates (10,000 tons of nickel metal), 45.05 tons of refined nickel sulfate (10,000 tons of nickel metal), 1,800 tons of cathode copper, 1,477.87 tons of cobalt sulfate, and 28,288.27 tons of mirabilite [1]. Group 2: Company Strategy and Competitiveness - The company has mastered the production processes for nickel sulfate and electroplated nickel, and the investment in the new energy materials project is expected to extend the resource product industrial chain, enhance profitability and risk resistance, and strengthen core competitiveness [1]. - This initiative aligns with the company's established development strategy and shareholder interests [1]. Group 3: Company Background - Feinan Resource primarily engages in hazardous waste disposal and recycling of non-ferrous metals, covering hazardous waste collection, harmless disposal, and resource recovery [2]. - The company has achieved comprehensive resource recovery of multiple metals, including copper, nickel, zinc, tin, gold, silver, and palladium, producing various recycled products and establishing a closed-loop industry for multi-metal resource recovery [2].

Core Viewpoint - The company, Guangdong Feinan Resource Utilization Co., Ltd., has announced its investment in a new energy materials project, with an estimated total investment of approximately 880 million yuan, aimed at extending its resource recycling product industry chain and enhancing profitability and core competitiveness [14][19][30]. Financial Data - The third quarter financial report for 2025 has been confirmed as true, accurate, and complete by the board of directors, with no significant omissions or misleading statements [2][28]. - The company has not undergone an audit for its third quarter financial report [7]. Shareholder Information - The company has approved a profit distribution plan for 2024, which includes a cash dividend of 1.3 yuan per 10 shares, totaling approximately 52.27 million yuan, and a capital reserve conversion of 4 shares for every 10 shares held [4][5]. Investment Project Overview - The new energy materials project will utilize high ice nickel to produce nickel sulfate and electroplated nickel, with an expected annual output of 10,010.01 tons of electrolytic nickel plates and 45,045.05 tons of refined nickel sulfate [17]. - The project is planned to cover an area of approximately 179 acres and will take about 20 months to complete [18]. Board Meeting Decisions - The board of directors held a meeting on October 28, 2025, where they unanimously approved the investment in the new energy materials project and the third quarter report [27][30].

Core Viewpoint - Feinan Resources plans to invest approximately 880 million yuan in a new energy materials project, which is expected to enhance its product chain and profitability, although it may not significantly impact short-term performance [1][2]. Group 1: Investment and Project Details - The new project will be located in the Shilong Town Industrial Park of Xiangzhou County, covering an area of about 179 acres and will take around 20 months to complete [1]. - The project aims to produce 10,000 tons/year of electrolytic nickel, 45,000 tons/year of refined nickel sulfate, 1,800 tons/year of cathode copper, 1,477.87 tons/year of cobalt sulfate, and 29,300 tons/year of sodium sulfate [1]. Group 2: Financial Performance - In the first three quarters of the year, the company reported revenue of 10.707 billion yuan, a year-on-year increase of 17.15%, and a net profit of 200 million yuan, up 10.72% year-on-year [1]. Group 3: Business Operations and Future Direction - Feinan Resources specializes in hazardous waste disposal and recycling of non-ferrous metals, with a focus on copper waste prior to 2023 [2]. - The company has expanded its operations to include the recycling of multiple metals such as nickel, zinc, tin, gold, silver, and palladium, creating a comprehensive recycling industry chain [2]. - Future plans include enhancing the processing and deep processing of recycled products, increasing the variety of metals processed, and expanding the hazardous waste disposal market to further improve profitability [2].

Core Insights - The company reported a revenue of 10,707,161,911.93 yuan for the first three quarters of 2025, representing a year-on-year growth of 17.15% [2] - The net profit attributable to shareholders of the listed company was 200,314,857.54 yuan, showing a year-on-year increase of 10.72% [2] Financial Performance - Revenue for the first three quarters of 2025 reached approximately 10.71 billion yuan, indicating a strong growth trajectory compared to the previous year [2] - The net profit for the same period was around 200.31 million yuan, reflecting a positive trend in profitability [2]

Core Viewpoint - Feinan Resources (301500) announced plans to invest approximately 880 million yuan in a new energy materials project, which is expected to enhance its product chain and profitability while having no significant short-term impact on its performance [1]. Group 1: Investment Project - The new project will be located in Xiangzhou County, Laibin City, covering an area of about 179 acres, and will produce nickel sulfate, electroplated nickel, copper cathodes, and cobalt sulfate [1]. - The project aims to produce 10,000 tons/year of electrolytic nickel, 45,000 tons/year of refined nickel sulfate, 1,800 tons/year of cathode copper, 1,477.87 tons/year of cobalt sulfate, and 29,300 tons/year of sodium carbonate [1]. - The construction period is estimated to be around 20 months, with the company already proficient in the production processes involved [1]. Group 2: Financial Performance - For the first three quarters of the year, the company reported revenue of 10.707 billion yuan, a year-on-year increase of 17.15%, and a net profit of 200 million yuan, up 10.72% year-on-year [1]. - The company has a hazardous waste processing capacity of 910,600 tons/year as of mid-year, with a subsidiary's license set to expire in May 2025 [2]. Group 3: Resource Recovery and Production - In the first half of the year, the company collected approximately 171,500 tons of hazardous waste and 225,600 tons of other metal materials, achieving high sales rates for various metals [3]. - The company has expanded its resource recovery capabilities to include multiple metals such as copper, nickel, zinc, tin, gold, silver, and palladium, creating a comprehensive recycling industry chain [3]. - Future business development will focus on enhancing the processing and utilization of multiple metals, extending the product chain, and expanding the hazardous waste disposal market [3].

Core Viewpoint - Feinan Resources (301500.SZ) reported a revenue of 10.707 billion yuan for the first three quarters of 2025, reflecting a year-on-year growth of 17.15% [1] - The net profit attributable to shareholders of the listed company was 200 million yuan, an increase of 10.72% year-on-year [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 232 million yuan, showing a decrease of 21.06% year-on-year [1] - The basic earnings per share stood at 0.3577 yuan [1]