证券代码：002206 证券简称：海利得 公告编号：2025-033 浙江海利得新材料股份有限公司 关于回购公司股份的进展公告 本公司及全体董事、监事、高级管理人员保证公告内容真实、准确和完整， 并对公告中的虚假记载、误导性陈述或者重大遗漏承担责任。 （2）不得在深圳证券交易所开盘集合竞价、收盘集合竞价及股票价格无 涨跌幅限制的交易日内进行股份回购的委托； 根据《深圳证券交易所上市公司自律监管指引第9号——回购股份》等相 关规定，公司应当在回购期间每个月的前三个交易日内披露截至上月末的回 购进展情况。现将公司回购股份的进展情况公告如下： 一、回购公司股份的进展情况 截至2025年4月30日收盘，公司通过股票回购专用证券账户以集中竞价交 易方式累计回购股份34,895,872股，占公司目前总股本的3.00%，其中最高成交 价为5.10元/股，最低成交价为3.86元/股，成交金额为153,991,193.02元（不 含交易费用）。公司本次回购股份符合相关法律、法规、规范性文件及公司股 份回购方案的规定。 二、其他事项说明 1、公司未在下列期间内回购股票： （1）自可能对本公司证券及其衍生品种交易价格产生重大影响的 ...

Core Viewpoint - The company, Zhejiang Huilong New Materials Co., Ltd., is focused on the research, production, and sales of environmentally friendly liquid-colored fibers, achieving significant growth in revenue and net profit in the first quarter of 2025 [1][2]. Company Summary - The company's stock closed at 14.84 yuan, up 3.85%, with a rolling PE ratio of 50.16, marking an 18-day low, and a total market capitalization of 1.742 billion yuan [1]. - As of the first quarter of 2025, three institutions held shares in the company, with a total of 20.9199 million shares valued at 288 million yuan [1]. - The main products include differentiated colored polyester filaments (DTY, FDY, POY), and the company has received multiple recognitions for its research and development in green fiber technology [1]. Financial Performance - In the first quarter of 2025, the company reported revenue of 194 million yuan, a year-on-year increase of 23.91%, and a net profit of 12.329 million yuan, up 44.60%, with a sales gross margin of 16.21% [2]. - The company's PE ratio (TTM) stands at 50.16, while the industry average is 51.62, and the industry median is 34.59 [2].

Main Financial Data [Key Accounting Data and Financial Indicators](index=2&type=section&id=Item%20(I).%20Key%20Accounting%20Data%20and%20Financial%20Indicators) In Q1 2025, the company achieved **1.453 billion yuan** in operating revenue, a 5.23% increase, with net profit attributable to shareholders surging 86.95% to **140 million yuan**, despite a 25.46% decrease in operating cash flow Q1 2025 Core Financial Indicators | Indicator | Current Period | Prior Period | YoY Change (%) | | :--- | :--- | :--- | :--- | | Operating Revenue (RMB) | 1,453,007,356.69 | 1,380,851,228.60 | 5.23% | | Net Profit Attributable to Shareholders (RMB) | 139,689,806.25 | 74,718,810.19 | 86.95% | | Non-recurring Net Profit Attributable to Parent (RMB) | 149,277,893.79 | 75,963,737.87 | 96.51% | | Net Cash Flow from Operating Activities (RMB) | 96,129,316.48 | 128,965,920.14 | -25.46% | | Basic EPS (RMB/share) | 0.12 | 0.06 | 100.00% | | Weighted Average ROE | 3.53% | 2.01% | Increased by 1.52 percentage points | [Non-recurring Gains and Losses Items and Amounts](index=2&type=section&id=Item%20(II).%20Non-recurring%20Gains%20and%20Losses%20Items%20and%20Amounts) During the reporting period, the company's total non-recurring gains and losses amounted to **-9.5881 million yuan**, primarily driven by a **14.7106 million yuan** loss from fair value changes of financial assets and liabilities, partially offset by government subsidies Q1 2025 Non-recurring Gains and Losses Details | Item | Amount (RMB) | | :--- | :--- | | Fair Value Change Gains/Losses from Financial Assets/Liabilities | -14,710,606.52 | | Government Grants Included in Current P&L | 1,778,442.20 | | Gains/Losses from Disposal of Non-current Assets | 450,242.46 | | Other Non-operating Income/Expenses | 304,152.79 | | Income Tax Impact | -2,589,681.53 | | **Total** | **-9,588,087.54** | [Analysis of Major Financial Data Changes and Reasons](index=3&type=section&id=Item%20(III).%20Analysis%20of%20Major%20Financial%20Data%20Changes%20and%20Reasons) During the reporting period, several financial indicators showed significant fluctuations, with finance costs decreasing by 208.75% due to increased exchange gains, while investment and fair value change losses widened, long-term borrowings increased by 83.77%, and both investing and financing cash flows shifted from net inflows to net outflows Major Financial Indicator Changes | Item | Change (%) | Primary Reason | | :--- | :--- | :--- | | **Income Statement Items** | | | | Finance Costs | -208.75% | Increased Exchange Gains | | Investment Income | -134.27% | Loss from Forward Foreign Exchange Contract Settlement | | Fair Value Change Gains | -716.01% | Loss from Forward Foreign Exchange Fair Value Changes | | **Balance Sheet Items** | | | | Long-term Borrowings | 83.77% | Increase in Long-term Borrowings | | Derivative Financial Assets | -99.63% | Forward Foreign Exchange Fair Value Changes | | **Cash Flow Statement Items** | | | | Net Cash Flow from Investing Activities | -262.10% | Increase in Cash Paid for Other Investing Activities | | Net Cash Flow from Financing Activities | -119.29% | Increase in Bank Loan Repayments | Shareholder Information [Shareholding Status of Shareholders](index=4&type=section&id=Item%20(I).%20Total%20Number%20of%20Common%20Shareholders%2C%20Preferred%20Shareholders%20with%20Restored%20Voting%20Rights%2C%20and%20Top%20Ten%20Shareholders%27%20Shareholding%20Status) As of the end of the reporting period, the company had **52,347** common shareholders, with the top three shareholders, Gao Limin, Gao Wangwei, and Gao Yu, holding over **34%** combined and having an associated relationship, while institutional investors like the National Social Security Fund were among the top ten, and the company's share repurchase account held **2.88%** of total shares - As of the end of the reporting period, the company had **52,347** common shareholders[11](index=11&type=chunk) Top Three Shareholders' Shareholding Status | Shareholder Name | Shareholding Percentage (%) | Shareholder Nature | | :--- | :--- | :--- | | Gao Limin | 17.31% | Domestic Natural Person | | Gao Wangwei | 10.67% | Domestic Natural Person | | Gao Yu | 6.18% | Domestic Natural Person | - The top three shareholders, Gao Limin, Gao Wangwei, and Gao Yu, have an associated relationship[11](index=11&type=chunk) - The company's dedicated share repurchase account holds **33,505,372** shares, representing **2.88%** of the total share capital[11](index=11&type=chunk) Other Significant Matters [Share Repurchase](index=5&type=section&id=Share%20Repurchase) The company initiated a share repurchase plan in January 2025, intending to use **150 million to 300 million yuan** to repurchase A-shares at a price not exceeding **6 yuan per share**, and as of March 31, 2025, **33.5054 million shares** have been repurchased for approximately **148 million yuan**, representing **2.88%** of total share capital and nearing the lower bound of the planned amount Share Repurchase Plan and Progress (As of 2025/03/31) | Item | Content | | :--- | :--- | | Total Repurchase Amount | Not less than 150 million yuan, not exceeding 300 million yuan | | Repurchase Price Cap | 6.00 RMB/share | | Accumulated Repurchased Shares | 33,505,372 shares | | Percentage of Total Share Capital | 2.88% | | Accumulated Transaction Amount | 148,288,049.02 RMB | | Transaction Price Range | 4.19 RMB/share - 5.10 RMB/share | Quarterly Financial Statements [Financial Statements](index=5&type=section&id=Item%20(I).%20Financial%20Statements) This section presents the company's unaudited consolidated financial statements for Q1 2025, including the balance sheet, income statement, and cash flow statement, comprehensively reflecting the financial position, operating results, and cash flows at the end of the reporting period [Consolidated Balance Sheet](index=5&type=section&id=1.%20Consolidated%20Balance%20Sheet) As of March 31, 2025, total assets were **7.262 billion yuan**, a 1.20% decrease from the beginning of the year, total liabilities were **3.359 billion yuan**, down 2.10%, and owners' equity attributable to shareholders was **3.894 billion yuan**, a slight 0.43% decrease, with notable changes including a 49.52% reduction in trading financial assets and an 83.77% increase in long-term borrowings Balance Sheet Key Items (Unit: RMB) | Item | Period-end Balance (2025-03-31) | Period-start Balance (2024-12-31) | Change (%) | | :--- | :--- | :--- | :--- | | Total Assets | 7,262,403,025.33 | 7,350,456,581.60 | -1.20% | | Total Liabilities | 3,358,631,073.34 | 3,430,503,189.92 | -2.10% | | Owners' Equity Attributable to Parent Company | 3,893,634,058.41 | 3,910,498,105.86 | -0.43% | [Consolidated Income Statement](index=7&type=section&id=2.%20Consolidated%20Income%20Statement) In Q1 2025, the company achieved total operating revenue of **1.453 billion yuan**, a 5.23% year-over-year increase, with operating profit surging 85.85% to **156 million yuan** due to increased exchange gains reducing finance costs, resulting in net profit attributable to parent company owners of **140 million yuan**, up 86.95% Income Statement Key Items (Unit: RMB) | Item | Current Period Amount | Prior Period Amount | YoY Change (%) | | :--- | :--- | :--- | :--- | | Total Operating Revenue | 1,453,007,356.69 | 1,380,851,228.60 | 5.23% | | Operating Profit | 155,911,588.00 | 83,891,606.79 | 85.85% | | Total Profit | 156,215,740.79 | 84,078,504.65 | 85.80% | | Net Profit Attributable to Parent Company Owners | 139,689,806.25 | 74,718,810.19 | 86.95% | [Consolidated Cash Flow Statement](index=9&type=section&id=3.%20Consolidated%20Cash%20Flow%20Statement) During the reporting period, net cash flow from operating activities was **96.1293 million yuan**, a 25.46% decrease year-over-year, while investing cash flow shifted from a **119 million yuan** net inflow to a **192 million yuan** net outflow, and financing cash flow also turned from a **365 million yuan** net inflow to a **70.3758 million yuan** net outflow primarily due to increased bank loan repayments, resulting in a net decrease of **156 million yuan** in cash and cash equivalents Cash Flow Statement Key Items (Unit: RMB) | Item | Current Period Amount | Prior Period Amount | | :--- | :--- | :--- | | Net Cash Flow from Operating Activities | 96,129,316.48 | 128,965,920.14 | | Net Cash Flow from Investing Activities | -192,355,130.64 | 118,665,473.84 | | Net Cash Flow from Financing Activities | -70,375,783.91 | 364,775,977.67 | | Net Increase/Decrease in Cash and Cash Equivalents | -155,724,566.07 | 618,644,930.73 | [Audit Report](index=11&type=section&id=Item%20(III).%20Audit%20Report) The company's Q1 2025 report is unaudited - The company's first-quarter report is unaudited[24](index=24&type=chunk)

基础化工 | 证券研究报告 — 调整盈利预测 2025 年 4 月 24 日 002206.SZ 买入 原评级：买入 市场价格:人民币 4.78 板块评级:强于大市 本报告要点 2024 年公司业绩稳健增长，看好公司主 业稳健发展以及新材料布局有序推进， 维持 买入 评级。 股价表现 (%) 今年 至今 1 个月 3 个月 12 个月 绝对 8.1 2.6 8.6 15.5 相对深圳成指 9.7 9.6 11.0 7.3 (15%) (5%) 5% 14% 24% 33% Apr-24 May-24 Jun-24 Aug-24 Sep-24 Oct-24 Nov-24 Dec-24 Jan-25 Feb-25 Mar-25 Apr-25 海利得 深圳成指 | 发行股数 (百万) | | | 1,162.21 | | --- | --- | --- | --- | | 流通股 (百万) | | | 916.17 | | 总市值 (人民币 百万) | | | 5,555.35 | | 3 个月日均交易额 (人民币 百万) | | | 159.17 | | 主要股东 | | | | | 高利民 | | | 17.3 ...

| 指数 | | 收盘 | 涨跌幅% | | --- | --- | --- | --- | | 上证指数 | | 3,276.73 | -0.11 | | 深证成指 | | 9,781.65 | 0.23 | | 沪深 | 300 | 3,772.52 | 0.01 | | 中小板指 | | 6,103.12 | 0.17 | | 创业板指 | | 1,913.97 | 0.27 | | 科创 50 | | 1,008.60 | -0.81 | 分析师： 李召麒 执业登记编码：S0760521050001 研究早观点 2025 年 4 月 21 日 星期一 市场走势 资料来源：最闻 国内市场主要指数 电话：010-83496307 邮箱：lizhaoqi@sxzq.com 【今日要点】 【公司评论】万华化学(600309.SH)：万华化学-技改扩能产销同比增长， 成本控制能力与产品竞争力提升 【公司评论】达梦数据(688692.SH)：达梦数据（688692.SH）：全年收入持 续高增，党政及行业市场渗透率不断提升 【公司评论】金沃股份(300984.SZ)：金沃股份 2024 年报点评-主业保持稳 健增长 ...

海利得（002206）公告，2025年1月1日至2025年3月31日，预计归属于上市公司股东的净利润为1.2亿 元–1.5亿元，比上年同期的7471.88万元增长60.60%-100.75%。扣除非经常性损益后的净利润为1.35亿 元–1.65亿元，比上年同期的7596.37万元增长77.72%-117.21%。基本每股收益为0.1元/股–0.13元/股。报 告期内，公司各业务板块经营情况良好，工业丝产品的销售价格有不同程度的上涨，越南子公司产品销 售结构进一步优化，盈利能力较上年同期显著提升。 ...

内容概要：国内聚苯硫醚纤维行业起步较晚，但发展迅速，尤其是近几年，随着环保法规的日益严格， 聚苯硫醚纤维具有耐高温、耐化学腐蚀等特性，是理想的环保过滤材料，可用于燃煤电厂、工业燃煤锅 炉、垃圾焚烧炉等的废气处理，工业领域对高效过滤材料的需求持续上升，此外，聚苯硫醚纤维可制成 消防服、运动防护服等功能性纺织品，在消防领域，其阻燃、耐高温等性能能够为消防员提供更好的保 护，在运动防护方面，其良好的舒适性和功能性也逐渐受到关注。随着下游市场的蓬勃发展，带动聚苯 硫醚纤维市场需求不断释放，据统计，2024年我国聚苯硫醚纤维需求量达13638吨，市场规模达70507万 元。 相关企业：四川安费尔高分子材料科技有限公司、重庆普力晟新材料有限公司、浙江新和成股份有限公 司、苏州金泉新材料股份有限公司、江苏阜升环保集团有限公司、浙江海利得新材料股份有限公司、德 阳科吉高新材料有限责任公司 关键词：聚苯硫醚纤维发展背景、聚苯硫醚纤维产业链、聚苯硫醚纤维市场规模、聚苯硫醚纤维竞争格 局、聚苯硫醚纤维发展趋势 一、概述 PPS（聚苯硫醚）是一种耐高温、耐腐蚀和高阻燃的聚合物，而聚苯硫醚纤维（英文名称polyphenylene su ...

Financial Performance - The company's operating revenue for 2024 is CNY 5,901,237,793.44, representing a year-on-year growth of 4.96% [3] - Operating profit is CNY 457,790,060.55, with a year-on-year increase of 13.87% [3] - Total profit amounts to CNY 459,395,757.10, reflecting a growth of 14.51% year-on-year [3] - Net profit stands at CNY 411,755,150.04, showing a year-on-year increase of 17.28% [3] - Net profit attributable to shareholders is CNY 410,560,290.58, with a year-on-year growth of 17.58% [3] Strategic Focus - The company emphasizes internal R&D and material technology collaboration for sustainable long-term development [4] - Future growth drivers include optimizing polyester industrial filament capacity, upgrading domestic chemical fiber equipment, improving utilization rates of flooring and coating materials, and converting innovative results from the high-performance materials research institute [4] - New materials like polyphenylene sulfide (PPS) are expected to gradually contribute to revenue as strategic reserve businesses [4] Market Outlook - The polyester industrial filament industry is supported by national policies, with the "14th Five-Year Plan for Textile Industry Development" providing direction and institutional support [5] - There is a continuing trend of global polyester production capacity shifting to China, enhancing domestic manufacturers' technology and management levels [5] - The automotive sector's growth and increased focus on safety present significant opportunities for polyester industrial filament applications, particularly in high-value, high-tech differentiated fields [5] Dividend Policy - Cumulative dividends since listing amount to CNY 2.437 billion, with a commitment to maintaining a high dividend ratio [3] - The company aims to balance strategic development needs with long-term interests of all shareholders and sustainable growth [3] Investor Relations - The investor relations activity was held online on April 10, 2025, with participation from key executives including the Chairman and CFO [2] - The company maintains a cautious stance on mergers and acquisitions, focusing on strategic investments aligned with its research institute's positioning [2]

作 者丨张赛男 编 辑丨巫燕玲 刘雪莹 ETF放量、富时中国A5 0指数期货直线拉升、创业板指反弹！ 农业股持续大涨，北大荒等1 0余股涨停。大消费股震荡反弹，零售方向领涨，永辉超市等多股涨停。中字头、基建股一度冲高，中国中车接 近涨停。 港股走强，恒生指数涨1 . 5 8%，恒生科技指数涨3 . 5 7%。金山云、越疆、茶百道涨超1 0%，小米集团涨超5%。 4 月 8 日 早 盘 ， 中 证 5 0 0ETF （ 5 1 0 5 0 0 ） 成 交 超 6 3 亿 ， 南 方 中 证 1 0 0 0ETF （ 5 1 2 1 0 0 ） 、 华 夏 中 证 1 0 0 0ETF （ 1 5 9 8 4 5 ） 、 广 发 中 证 1 0 0 0ETF （5 6 0 0 1 0）、富国中证1 0 0 0ETF（1 5 9 6 2 9）成交超1 0亿元，均超昨日全天成交额。 | 159575 | 宽 创业板200ETF银华 | 1.021 | 0.033 | 3.34% | | --- | --- | --- | --- | --- | | 589630 | 宽 科创综指ETF国泰 | 0.841 | 0.0 ...

Core Viewpoint - Multiple listed companies reported that the recent adjustments to U.S. tariffs have limited impact on their operations, with many having minimal direct exposure to the U.S. market [1][2][3][4][5]. Company Summaries - **Lizhong Group (SZ300428)**: The company focuses on functional intermediate alloy new materials, recycled aluminum alloy materials, and aluminum alloy wheels. Its products related to recycled aluminum alloy materials have little to no exports to the U.S., thus not affected by the tariff changes. The company is monitoring policy changes and is proactively adjusting its supply chain and customer negotiations [1]. - **Shenghong Co., Ltd. (SZ300693)**: The company’s direct exports to the U.S. amount to approximately 56 million yuan, representing only 1% to 2% of its total revenue. It has prepared for uncertainties by collaborating with a Malaysian factory for local production, expected to be ready by May 2025 [1]. - **Hudian Co., Ltd. (SZ002463)**: The company’s direct exports to the U.S. account for less than 5% of its revenue, with most products exported to Southeast Asia. It is closely monitoring trade disputes and communicating with customers to find solutions [2]. - **Xizi Clean Energy (SZ002534)**: The company has a small proportion of business related to the U.S. market, focusing mainly on Southeast Asia, the Middle East, and Africa. Its main operations are not significantly impacted by U.S. tariffs [2]. - **Hengshuai Co., Ltd. (SZ300969)**: Direct sales to the U.S. represent about 2.7% of the company’s overall business. The company uses EXW and FOB pricing methods, minimizing the impact of tariff increases. Future strategies will focus on optimizing capacity and development plans [3]. - **Jinfu Technology (SZ003018)**: The company stated that tariff issues will not significantly affect its existing overseas sales regions [5]. - **Weixing Co., Ltd. (SZ002003)**: The company’s international business is primarily in Bangladesh and Vietnam, with a very low percentage of direct exports to the U.S. [5]. - **Hailide (SZ002206)**: The company has established a multi-dimensional response mechanism, including optimizing its production structure in Vietnam and enhancing customer price negotiation strategies [5]. - **Guansheng Co., Ltd. (SH605088)**: The company does not heavily rely on the U.S. market, indicating that the tariff increases will have limited long-term effects [5].