证券代码：603110 证券简称：东方材料 公告编号：2025-076 新东方新材料股份有限公司 关于公司独立董事离任的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 截止本公告日，蒋华先生未持有公司股份。公司董事会对蒋华先生在任职期 间为公司发展作出的贡献表示感谢！ 特此公告。 新东方新材料股份有限公司董事会 2025 年 11 月 29 日 (一) 提前离任的基本情况 | 姓名 | 离任职务 | | 离任时间 | 原定任期 | 离任原因 | 是否继续在上 市公司及其控 | 具体职务 | 是否存在 未履行完 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | | | 到期日 | | 股子公司任职 | （如适用） | 毕的公开 | | | | | | | | | | 承诺 | | 蒋华 | 独 立 | 董 | 2025 年 11 | 2026 年 10 | 个人原因 | 否 | 不适用 | 否 | | | 事、薪酬 | | 月 2 ...

(一) 提前离任的基本情况 (二) 离任对公司的影响 证券代码：603110 证券简称：东方材料 公告编号：2025-075 新东方新材料股份有限公司 关于公司董事离任的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 新东方新材料股份有限公司（以下简称"公司"）董事会于 2025 年 11 月 27 日收到董事许广彬先生、杨波先生提交的书面辞职报告。许广彬先生因本人身体 原因，申请辞去公司第六届董事会董事、战略委员会委员职务，同时一并辞去在 子公司担任的所有职务；杨波先生因个人原因，申请辞去公司第六届董事会董事 职务。辞职后，许广彬先生、杨波先生将不再担任公司任何职务。 一、董事离任情况 | 姓名 | 离任职务 | 离任时间 | 原定任期 | | 离任原因 | 是否继续在上 市公司及其控 | 具体职务 | 是否存在 未履行完 毕的公开 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 许广彬 | | | | 到期日 | 本人身体 | 股 ...

2024年1至12月份，东方材料的营业收入构成为：化工行业占比93.49%，算力行业占比6.26%，其他业 务占比0.25%。 （记者 王晓波） 每经头条（nbdtoutiao）——灌水21万亿，高市早苗1.7万亿强化国防！日本负债率已远超债务危机时的 希腊，对美巨额投资致大规模资本外流，"卖出日元成国际趋势" 每经AI快讯，东方材料（SH 603110，收盘价：15.9元）11月27日晚间发布公告称，新东方新材料股份 有限公司董事会于2025年11月27日收到董事许广彬先生、杨波先生提交的书面辞职报告。许广彬先生因 本人身体原因，申请辞去公司第六届董事会董事、战略委员会委员职务，同时一并辞去在子公司担任的 所有职务。杨波先生因个人原因，申请辞去公司第六届董事会董事职务。辞职后，许广彬先生、杨波先 生将不再担任公司任何职务。 截至发稿，东方材料市值为32亿元。 ...

证券代码：603110 证券简称：东方材料 公告编号：2025-074 新东方新材料股份有限公司 关于召开 2025 年第三季度业绩说明会的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者 重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： （一）会议召开时间：2025 年 12 月 5 日（星期五）下午 13:00-14:00 （ 二 ） 会 议 召 开 地 点 ： 上 海 证 券 交 易 所 上 证 路 演 中 心 （ 网 址 ： http://roadshow.sseinfo.com/） ●会议召开时间：2025 年 12 月 5 日（星期五）下午 13:00-14:00 ● 会 议 召 开 地 点 ： 上 海 证 券 交 易 所 上 证 路 演 中 心 （ 网 址 ： http://roadshow.sseinfo.com/） ●会议召开方式：上证路演中心网络互动 ●投资者可于 2025 年 11 月 27 日至 12 月 4 日 16:00 前登录上证路演中心网站首页点 击"提问预征集"栏目或通过公司邮箱：ir@chinaneweast.com 进 ...

Investment Rating - Industry Rating: Outperform the market (maintained rating) [5] Core Viewpoints - Investment in new materials is fundamentally an investment in emerging industries and structural transformation [10][12] - The lifecycle of the industry is crucial for investment decisions, with new materials often in the development or introduction phase [13][14] - Short-term excess returns in new materials investments are closely tied to market beta (β), regardless of whether the materials are in development or introduction phases [15][16] Summary by Sections Investment in New Materials - Investing in new materials means investing in future emerging industries, as these materials are in recent or ongoing development and outperform traditional materials [10][12] - The materials industry is foundational to modern industrial systems, with each technological revolution linked to breakthroughs in materials [9][10] Lifecycle Assessment - Assessing the lifecycle of new materials is essential, as they are often in the development or introduction phase, which affects their industrialization and investment characteristics [13][14] - For development-phase materials, investment is thematic, while for introduction-phase materials, it is more about industrial investment [13][14] Market Trends and Recommendations - Recent market performance has been strong in sectors like photovoltaic equipment and glass fiber, while sectors like small appliances and communication equipment lagged [3][20] - Recommendations include focusing on solid-state batteries and electronic fabrics, with specific companies highlighted for potential investment [24][25]

Core Insights - The launch of Tenzai Model-v1.1 by Dongfang International marks a significant technological innovation in the tax and finance sector, driven by the global AI wave, aiming to enhance corporate efficiency, compliance, and responsibility [1][6] Technological Innovation - Tenzai Model-v1.1 is built on a large model architecture with over 100 billion parameters, trained on more than 5 million real Japanese invoices and a 50-year tax law knowledge base, making it the first AI system capable of understanding tax semantics and providing reasoning and suggestions [2] - Unlike traditional financial software, Tenzai can comprehend professional queries, analyze business logic, and reference regulatory frameworks to offer optimal advice, such as determining the eligibility of entertainment expenses for deduction [2] Efficiency Revolution - Tenzai Model-v1.1 achieves a record 99.8% accuracy in invoice recognition, processes 1,200 invoices per hour, and has a 98.5% accuracy rate in Q&A, significantly reducing the time required for tasks that previously took accountants five hours to just 45 minutes [3] - The system is projected to save 60-70% in labor costs and improve overall efficiency by 85%, while also reducing financial error rates through risk alerts, automated reviews, and intelligent reconciliations [3] Compliance and Responsibility - Tenzai Model-v1.1 sets new standards for safety and compliance, having passed ISO 27001 and SOC 2 Type II certifications, and fully complies with Japan's electronic bookkeeping preservation law and personal information protection law [4] - The product's design emphasizes that technological innovation must be grounded in responsibility, ensuring that every financial decision made with AI assistance is traceable and verifiable [4] Ecosystem Development - Dongfang International views Tenzai Model-v1.1 as the cornerstone of a smart tax and finance ecosystem, with plans to launch industry-specific versions in 2026 and open API interfaces for seamless integration with major systems [5] - The initiative aims to create a connected ecosystem involving developers, businesses, and tax authorities, facilitating the digital transformation of the entire industry [5] Expert Opinions - Industry experts recognize the release of Tenzai Model-v1.1 as a shift from AI as a mere auxiliary tool to a professional advisor, enhancing efficiency and promoting transparency and compliance within the sector [6] - The technology is seen as empowering accountants to become more insightful decision-makers rather than replacing them [6]

Core Insights - The introduction of Tenzai Model-v1.1 revolutionizes the Japanese tax and accounting industry by simplifying complex operations through natural language interaction and personalized memory features [1][5] - The system significantly reduces the operational barriers faced by finance professionals, allowing them to focus on professional judgment rather than mechanical tasks [2][5] User Experience and Functionality - Tenzai Model-v1.1 allows users to interact using everyday language, eliminating the need for specialized operational instructions, thus enhancing user experience [3][4] - The system provides not only conclusions but also regulatory references and optimal solutions, enabling finance personnel to understand the rationale behind decisions [3][4] - Contextual memory and learning capabilities allow the system to adapt to individual company preferences and historical practices, streamlining future operations [4] Efficiency and Productivity - The system's multi-language support facilitates communication for Chinese-funded enterprises in Japan, improving efficiency by 60% and reducing error rates from 15% to below 1% [4] - The traceability feature enhances user confidence by recording the entire lifecycle of document processing, aligning with Japanese electronic bookkeeping laws [4] - Personalized interaction settings cater to different user needs, allowing for a tailored experience that enhances processing speed and reduces operational anxiety [4][5] Impact on the Finance Profession - The implementation of Tenzai Model-v1.1 shifts the focus of finance professionals from operational skills to strategic capabilities, fostering a more fulfilling work environment [5] - User surveys indicate a 40% reduction in work anxiety among finance personnel, highlighting the system's positive impact on job satisfaction [5]

Core Viewpoint - Dongfang Materials is a leading domestic supplier of inks and adhesives, focusing on environmentally friendly packaging inks, composite polyurethane adhesives, and PCB electronic inks, with a full industry chain advantage [1] Group 1: Business Overview - Dongfang Materials was established on December 18, 1994, and listed on the Shanghai Stock Exchange on October 13, 2017, with its registered office in Hefei, Anhui, and operational office in Taizhou, Zhejiang [1] - The company's main business revolves around environmentally friendly packaging inks, composite polyurethane adhesives, and PCB electronic inks, encompassing production, sales, and services [1] - The company belongs to the Shenwan industry classification of basic chemicals - chemical products - coatings and inks, and is associated with concepts such as QFII holdings, repurchase increases, graphene nuclear fusion, superconducting concepts, and nuclear power [1] Group 2: Financial Performance - In Q3 2025, Dongfang Materials reported revenue of 279 million yuan, ranking 16th in the industry, significantly lower than the industry leader Baihehua's 1.638 billion yuan and second-place Baolijia's 1.382 billion yuan, as well as below the industry average of 769 million yuan and median of 559 million yuan [2] - The net profit for the same period was 3.1925 million yuan, ranking 14th in the industry, with a substantial gap compared to the first-place Meijiaxincai's 165 million yuan and second-place Baihehua's 157 million yuan, and also below the industry average of 44.3988 million yuan and median of 35.9466 million yuan [2] Group 3: Financial Ratios - As of Q3 2025, Dongfang Materials had a debt-to-asset ratio of 12.73%, down from 16.25% in the previous year and significantly lower than the industry average of 36.42% [3] - The company's gross profit margin for Q3 2025 was 28.88%, slightly up from 28.34% in the previous year and higher than the industry average of 23.67% [3] Group 4: Shareholder Information - As of September 30, 2025, the number of A-share shareholders of Dongfang Materials decreased by 22.24% to 28,600, while the average number of circulating A-shares held per household increased by 28.61% to 7,044.52 [5] - The fund Zhongyou Core Advantage Flexible Allocation Mixed A (590003) exited the top ten circulating shareholders list by the same date [5] Group 5: Executive Compensation - The chairman and general manager, Zhuang Shengxin, received a salary of 1.1517 million yuan in 2024, a decrease of 29,500 yuan from 2023 [4]

Core Insights - The launch of Tenzai Model-v1.1 by Dongfang Materials' Japanese subsidiary marks a significant advancement in the application of AI within the finance and taxation sector, transitioning from "execution automation" to "cognitive intelligence" [1][4] Technology Foundation - Tenzai Model-v1.1 is built on a trillion-parameter architecture, utilizing a Transformer model optimized for finance and taxation scenarios, incorporating over 5 million real tax documents, 1 million high-quality Q&A pairs, a 50-year database of Japanese tax laws, and over 100,000 real business cases [1][2] - The model employs Domain-adaptive Continued Pre-training and Multi-task Fine-tuning to achieve near-human cognitive abilities in semantic understanding, logical reasoning, and judgment suggestions [2] Innovative Architecture - The system integrates Retrieval-Augmented Generation (RAG) technology to address potential inaccuracies in professional content, ensuring that every recommendation is backed by legal references and case studies [2] - Tenzai Model-v1.1 features multi-modal understanding, capable of processing images, text, and tabular data, achieving a recognition accuracy of 99.8% for complex documents [2] System Performance - The model supports a context length of up to 32K tokens, with an average response time of under 2 seconds, processing 1,200 documents per hour, significantly outperforming current market solutions [2] - It includes a continuous learning mechanism for monthly updates on tax laws and supports private deployment and flexible SaaS architecture [2] Application Depth - Tenzai Model-v1.1 represents a leap from traditional automation systems, enabling semantic understanding, contextual reasoning, and proactive risk alerts in tax-related queries [2][3] - The system has been integrated with major Japanese accounting software, supporting cloud, private, and hybrid deployments, with plans for a mobile app and international versions by 2026 [3] Industry Impact - The release of Tenzai Model-v1.1 signifies a maturation of vertical large models in professional services, transforming unstructured tax knowledge into computable, inferable, and interactive AI capabilities [4]

Core Viewpoint - The company has announced its third-quarter financial report for 2025, ensuring the accuracy and completeness of the information provided, and has also established a joint venture company named Carbon Nest New Material Technology (Tengzhou) Co., Ltd. [7][10][8] Financial Data Summary - The third-quarter financial report for 2025 has not been audited [3] - The company reported a revenue of 17.407 million yuan from its computing power business, accounting for 6.24% of the main business revenue, with costs amounting to 9.8892 million yuan [10] Shareholder Information - The company guarantees the accuracy of the quarterly report and the financial information provided by its management team [2][6] Joint Venture Establishment - The joint venture, Carbon Nest New Material Technology (Tengzhou) Co., Ltd., has been registered with a capital of 100 million yuan and focuses on high-performance fibers and composite materials [8] Board Meeting and Resolutions - The sixth board meeting was held on October 28, 2025, where the third-quarter report was approved unanimously by all attending directors [14]