证券代码：300537 证券简称：广信材料 江苏广信感光新材料股份有限公司 2025 年 4 月 29 日投资者关系活动记录表 编号： 2025-016 投资者关系 活动类别 □特定对象调研 □分析师会议 □媒体采访 ☑业绩说明会 □新闻发布会 □路演活动 □现场参观 □其他（请文字说明其他活动内容） 参与单位名 称及人员姓 名 全体投资者 时间 2025 年 4 月 29 日 15:00-17:00 地点 价值在线（https://www.ir-online.cn/）网络互动 上市公司参 与人员姓名 董事长、总经理李有明先生；副总经理、董事会秘书、财务总监张启斌先生；独立 董事吴颖昊先生；保荐代表人曾元松先生。 投资者关系 活动主要内 容介绍 1.公司在产能扩充，营业额增长的情况下，利润大幅度降低，反应在股价上次次低位，是不是 应该对市场投资者有个交代 答:您好，2024 年营收达 5.18 亿元，同比保持平稳增长，归母净利润亏损 3,206.92 万元，销 售毛利率 38.02%，较上年同期增长 2.25%，为近 5 年来新高，管理费用、财务费用均同比减少， 整体经营平稳发展。亏损原因主要为：公司因基于谨 ...

Core Viewpoint - The company reported a revenue of 1.435 billion yuan for 2024, a year-on-year increase of 10.44%, but faced a significant net loss of 180 million yuan, a decline of 1,311.61% compared to the previous year. The company turned profitable in Q1 2025 with a revenue of 370 million yuan, a year-on-year increase of 12.17% and a net profit of 43.5 million yuan [1][2]. Group 1: Financial Performance - In 2024, the company's gross margin was 19.23%, down 4.39 percentage points year-on-year, and the net margin was -13.34%, down 14.12 percentage points year-on-year [2]. - The company incurred a goodwill impairment of 144 million yuan and other asset impairments totaling 24.93 million yuan, reducing profits by 169 million yuan [2]. - In Q1 2025, the gross margin improved to 23.05%, up 1.65 percentage points year-on-year, and the net margin was 14.29%, an increase of 18.35 percentage points year-on-year [2]. Group 2: Product Performance - The high-purity chemicals segment generated revenue of 778 million yuan in 2024, a year-on-year increase of 11.85%, with a sales volume of 252,400 tons, up 16.83% year-on-year [3]. - High-purity sulfuric acid and high-purity hydrogen peroxide achieved record sales volumes in 2024, with high-purity hydrogen peroxide revenue nearing 350 million yuan, a growth of nearly 15% [3]. - The company is one of the few globally that master the technology for G5 grade high-purity chemicals, supplying over 20 major semiconductor manufacturers domestically [3]. Group 3: Business Development - The company's photoresist segment achieved revenue of 198 million yuan in 2024, a year-on-year increase of 27.61%, with a sales volume of 1,388 tons, up 27.93% year-on-year [4]. - The lithium battery materials segment reported revenue of 260 million yuan, a decline of 5.28% year-on-year, despite a sales volume increase of 15.75% [4]. - The company is expanding its NMP production capacity with a new 60,000-ton production line under construction, which is expected to significantly enhance its output [4]. Group 4: Future Outlook - The company anticipates a gradual improvement in its high-purity chemical layout, maintaining a buy rating despite adjusting profit forecasts for 2025-2027, expecting net profits of 76 million, 112 million, and 155 million yuan respectively [5].

在电子信息产业持续升级的浪潮中,基础材料领域的创新突破正成为驱动产业进步的重要基石。作为覆 铜板制造的重要原材料之一,电子树脂的性能特点对覆铜板的性能、品质、加工特性等起着关键性作用, 其开发及应用技术对电子信息产业发展起着关键性作用。 近日,同宇新材料(广东)股份有限公司(以下简称"同宇新材")深交所创业板IPO注册生效的消息引发行业 关注,这家扎根珠三角的科技型企业,主营业务为电子树脂的研发、生产和销售,主要应用于覆铜板生产。 同宇新材为中高端覆铜板行业提供树脂系统化解决方案,产品系列丰富,包括MDI改性环氧树脂、DOPO 改性环氧树脂、高溴环氧树脂、BPA型酚醛环氧树脂、含磷酚醛树脂固化剂等系列。 值得一提的是,同宇新材是高新技术企业、国家级专精特新"小巨人"企业、广东省制造业单项冠军示范 企业,并先后被评为广东省博士工作站、广东省电子级树脂工程技术研究中心。同宇新材符合高新技术 产业发展方向,产品所属领域属于《高新技术企业认定管理办法》中所认定"国家重点支持的高新技术领 域"中的"新材料-精细和专用化学品-电子化学品制备及应用技术"。 此外,同宇新材的无卤高CTI环氧树脂、高性能电子电路基板用特种树脂 ...

Core Viewpoint - The company is currently in the product sampling and optimization phase for its lithium sulfide solid-state battery materials, with an annual production capacity of 300 tons, and has not yet established stable production and sales [1][2]. Financial Performance - In Q1 2025, the company's operating revenue reached 588,046,436.78 yuan, an increase of 14.85% year-on-year. The net profit attributable to shareholders was 25,213,223.30 yuan, up 563.86% year-on-year. The net profit excluding non-recurring gains and losses was 20,230,280.30 yuan, an increase of 733.88% year-on-year. The basic earnings per share were 0.0542 yuan, up 470.53% year-on-year [1][5]. Debt Management - The company has a monthly operating cash flow and notes receivable of nearly 300 million yuan, with a balanced distribution of financing maturing in 2025, averaging around 100 million yuan per month, indicating a strong debt repayment capability [1]. Industry Outlook - The electronic chemicals industry is expected to benefit from emerging technology developments, national policy support, and the demand for industrial upgrades, leading to accelerated domestic substitution processes and a favorable overall industry outlook [4]. R&D and Market Strategy - The company plans to continue increasing R&D investment and market expansion to enhance its leading position in specialized chemicals and PCB chemical products, aiming to improve overall profitability [3][4]. Market Position and Competition - The company is focused on overcoming challenges in high-end PCB chemical products, which still rely on over 30% imports, by investing in R&D to break through key technology areas [3]. Future Projections - The company has reported a significant impairment provision of 39.7 billion yuan for the new energy materials sector in 2024, primarily due to the optimization of industrial layout and idle fixed assets [2]. Investment Ratings - Recently, one institution has given a rating of "buy" for the stock, with profit forecasts for 2025 and 2026 indicating a net profit of 110 million yuan and 151 million yuan respectively [6].

近期阿石创（300706）发布2025年一季报，证券之星财报模型分析如下： 经营业绩 阿石创在2025年一季度实现了营业总收入3.01亿元，同比上升12.01%。然而，公司的盈利能力却出现了 明显的下滑，归母净利润为-371.04万元，同比下降15.78%，扣非净利润更是达到了-814.96万元，同比 下降90.88%。 盈利能力 从盈利能力来看，阿石创的毛利率为5.75%，同比减少了21.44%，净利率为-1.42%，同比减少了 36.04%。这表明公司在增加营业收入的同时，并未有效控制成本，导致利润空间被压缩。 总结 总体而言，阿石创在2025年一季度虽然实现了营业收入的增长，但在盈利能力、现金流和债务状况方面 存在较大的挑战，需密切关注其后续的经营改善措施。 费用控制 尽管三费(销售费用、管理费用、财务费用)总计1927.23万元，占营收比例为6.4%，同比减少了1.81%， 但财务费用相对于经营性现金流的压力较大，财务费用与近3年经营性现金流均值的比例高达 128.49%。 现金流与债务状况 公司的现金流状况不容乐观，每股经营性现金流为-0.22元，同比减少了207.94%。同时，公司的有息负 债总额 ...

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） | 0.0100 | 0.0100 | 0 | 0.0200 | | 每股净资产（元） | 3.04 | 3.05 | -0.33 | 2.74 | | 每股公积金(元) | 1.05 | 1.05 | 0 | 0.38 | | 每股未分配利润(元) | 0.85 | 0.87 | -2.3 | 1.22 | | 每股经营现金流(元) | - | - | - | - | | 营业收入(亿元) | 5.6 | 4.86 | 15.23 | 5.44 | | 净利润(亿元) | 0.06 | 0.12 | -50 | 0.18 | | 净资产收益率(%) | 0.19 | 0.34 | -44.12 | 0.75 | 数据四舍五入，查看更多财务数据>> 二、前10名无限售条件股东持股情况 | 名称 | 持有数量(万股) | 占总股本 | 增减情 | | --- | --- | --- | ...

科创投资研究 . 原【PE早餐】，升级聚焦为【科创投资研究】，宗旨为"关注科创动态，专注科创研究，聚焦科创项目，共享科创投资"。 作 者 | 科创投资研究 来源 | 科创投资研究 导 语：原股东套现离场，暴露出财务资本与产业资本在风险偏好上的根本分歧。 近日，青岛开发区投资建设集团（下称"开投集团"）通过股权划转及表决权委托，正式控股科创板上市公司瑞联新材（688550.SH）。 这场交易的特殊性在于：标的公司账面现金超10亿元，年营收近15亿元，净利润常年稳定在1.5亿-2亿元区间，但原控股股东却以7.5亿元对价出让控 制权。一时间，"原股东卖飞了"的质疑声四起。 表面看，这似乎是一场违背商业常识的交易：买方以低于标的净现金的价格拿下控制权，卖方主动放弃优质资产。 但穿透交易细节可以发现，从青岛国资的新材料产业布局，到原股东的资本困局，再到科创企业转型压力，多重因素交织下，这场交易的商业逻辑 远比账面数字复杂。 2025年3月20日，青岛开投集团通过协议受让及表决权委托，以总对价7.5亿元获得瑞联新材（688550.SH）31.58%的表决权，成为实际控制人。 以下文章来源于科创投资研究 ，作者深度的 这一 ...

证券代码：002741 证券简称：光华科技 广东光华科技股份有限公司 投资者关系活动记录表 编号：20250428 | 投资者关系活动类别 | ☐特定对象调研 ☐分析师会议 | | --- | --- | | | ☐媒体采访 业绩说明会 | | | ☐新闻发布会 ☐路演活动 | | | ☐现场参观 | | | ☐其他（请文字说明其他活动内容） | | 参与单位名称及人员姓名 | 线上参与公司2024年度网上业绩说明会的全体投资者 | | 时间 | 2025年04月28日 15:00-17:00 | | 地点 | 价值在线（https://www.ir-online.cn/）网络互动 | | | 董事长 陈汉昭 | | | 独立董事 彭朝辉 | | 上市公司接待人员姓名 | 财务总监 蔡雯 | | | 董事会秘书 杨荣政 1.如何通过业务结构调整或成本优化实现整体扭亏？新能源材 | | | 料板块的长期资产减值是否仍有进一步风险？ | | 投资者关系活动主要内容 | 答: 尊敬的投资者您好：公司对新能源业务板块战略布局做出 | | 介绍 | 优化调整，对产业链进行优化，降低生产成本，提高公司新能源产 | | ...

中化新网讯 法国化学联合会近日发布报告显示，继2024年化学品产量下降0.3%后，预计2025年法 国化学品产量将继续下滑。该机构警告称，当前贸易紧张局势可能进一步恶化行业状况。法国化工行业 正面临能源成本高企、欧洲法规复杂以及欧元区税负过重等多重挑战。 法国化学联合会的数据显示，2024年法国化工行业工业产能利用率仅为75%，低于80%的盈亏平衡 点。产能不足导致行业整体销售额下降5%，至1020亿欧元，投资额缩减15%。作为法国最大出口行 业，2024年化工产品出口额为790亿欧元，但各细分领域产量普遍下滑：矿物化学品和有机化学品较 2019年分别下降17.7%和16.3%；肥皂、香水和护理产品下降2.5%；特种化学品降幅最小为1.2%。总体 来看，除精细化学品外，化学品总产量较2019年下降9.3%。 值得注意的是，2024年欧盟化学品产量实现2%的增长。但报告指出，受国际贸易格局变化影响， 欧洲化工行业持续疲软，已造成大量工作岗位流失。法国化学联合会总裁Frédéric Gauchet强调："面对 亚洲同行的快速发展和贸易战加剧，我们必须保护本国化学工业，因为其他工业部门的竞争力都依赖于 化工行业的创 ...

Core Viewpoint - Rongsheng Petrochemical has made significant strides in sustainable development, achieving a BBB rating in ESG from MSCI and demonstrating leadership in carbon reduction, water resource management, and corporate governance [1][3]. Group 1: Sustainable Development Achievements - The company has been recognized as one of the best ESG-managed listed companies in 2024 and has been included in the Hang Seng A-Share Sustainable Development Benchmark Index for four consecutive years [1]. - In 2024, Rongsheng Petrochemical invested 273 million yuan in environmental protection initiatives, reflecting its commitment to green development [1]. - The company reported a 10% reduction in greenhouse gas emission intensity and a 12.5% decrease in comprehensive energy consumption intensity during the reporting period [1]. Group 2: Financial Performance - In 2024, the company achieved a revenue of 326.475 billion yuan, a year-on-year increase of 0.42%, marking five consecutive years of positive growth [3]. - The net profit attributable to shareholders was 724 million yuan, with a non-recurring net profit of 762 million yuan [3]. - The total asset scale increased to 377.846 billion yuan, reflecting a year-on-year growth of 0.78%, while the net cash flow from operating activities rose by 23.26% to 34.609 billion yuan [3]. Group 3: Water and Carbon Management - The company achieved a 73.66% proportion of alternative water sources in total water consumption, with a recycling rate of over 98% [2]. - It has developed a carbon recycling system that processes 360,000 tons of CO2 annually from its ethylene glycol units [2]. - The establishment of a 200,000-ton/year ethylene carbonate facility and a 240,000-ton/year food-grade liquid CO2 recovery unit is expected to reduce emissions by 103,000 tons annually [2]. Group 4: Future Plans and Collaborations - The company plans to achieve full coverage of new energy projects in its Zhejiang factories by 2025, targeting an installed capacity of 100 MW [4]. - It aims to expand renewable energy trading, including wind, solar, and hydropower, to enhance its green electricity resource allocation [4]. - Collaborations with various new energy companies are underway to explore clean technology opportunities [4].