证券日报网讯佛塑科技（000973）9月12日在互动平台回答投资者提问时表示，佛塑科技专注于高分子 功能薄膜与复合材料的研发与生产，形成以光学薄膜、双向拉伸薄膜、渗析防护材料、塑编阻隔材料为 重点的产业布局，公司主要的偏光膜、粗化电工膜、超薄型电容薄膜、安全型电容器用金属化膜、透气 膜、无孔透湿膜、复合塑料编制材料等多种差异化产品在技术、质量、性能方面均具有先进性。 ...

Core Viewpoint - The company, Double Star New Materials, is focusing on significant R&D investments and innovations to enhance its product offerings and market position in 2024 [2] R&D Investment - The company plans to invest 23.88 million yuan in R&D for 2024, which represents 4.04% of its total revenue [2] Innovations and Developments - The company has made substantial progress in various R&D projects, including: - High-brightness anti-interference optical film - Black and white PETG shrink film - Release films and functional film materials for MLCC applications - High barrier low water permeability polyester film - Low haze polyester release film base - High-definition optical polyester base film - Four-sided shrink magnetron sputtering energy-saving base film [2] Market Applications - These new technologies and products are expected to enhance product variety and meet the demands of various applications, including: - Large-size TVs - Monitors - Small-size automotive displays [2] Competitive Advantage - The innovations are anticipated to strengthen the company's internal growth momentum and core competitiveness, providing robust support for future performance growth and consolidating its market position [2]

请上市公司：（1）结合上市公司与标的资产主营业务在产业链上下游、生 产工艺、核心技术、生产设备等方面的异同，补充披露本次交易协同效应、收 购必要性，上市公司在人员、业务、财务、资产、机构等方面对标的资产具体 整合管控安排及有效性；（2）结合标的资产所处行业的市场供需状况、同行业 在建和拟建产能、行业竞争格局、行业周期性、技术迭代，标的资产行业地位、 生产经营策略及核心竞争力，期后业绩、下游客户稳定性、在手订单，同行业 可比公司业绩变动，补充说明标的资产亏损相关影响因素是否已消除，是否影 响标的资产持续经营能力；（3）补充披露本次交易是否导致上市公司财务状况 发生重大不利变化，是否符合《重组办法》第十一条、第四十四条规定，填补 摊薄每股收益相关安排是否有利于保护中小投资者利益，是否符合《重组办法》 第三十五条规定。 华泰联合证券有限责任公司 关于佛山佛塑科技集团股份有限公司发行股 份及支付现金购买资产并募集配套资金暨关 联交易申请的 审核问询函回复之专项核查意见 独立财务顾问 签署日期：二〇二五年九月 深圳证券交易所上市审核中心： 佛山佛塑科技集团股份有限公司（以下简称"上市公司""公司"或"佛塑 科技"）于 ...

Group 1 - The core transaction involves Foshan Fospower Technology Group Co., Ltd. issuing shares and paying cash to acquire 100% of Hebei Jinli New Energy Technology Co., Ltd. and raising supporting funds [1][10] - The total transaction price for the acquisition is set at 508 million yuan, with 40 million yuan allocated for cash payment and 60 million yuan for working capital and debt repayment [8][9] - The transaction is structured as a combination of share issuance and cash payment, which are interdependent components of the deal [8][10] Group 2 - The acquisition is expected to enhance the company's position in the high polymer functional film materials sector, particularly in the lithium battery separator market, which aligns with the company's strategic focus on new materials [10] - The deal will allow the company to leverage Jinli's customer resources to penetrate the electric vehicle and energy storage markets more effectively [10] - The performance commitment includes achieving net profits of no less than 230 million yuan, 360 million yuan, and 610 million yuan for the years 2025, 2026, and 2027 respectively [7][10]

Core Viewpoint - The company Dazhong Southeast (002263) reported a high capacity utilization rate of 96.67% for its subsidiary Ningbo Wanshang BOPP capacitor film in the 2024 annual report [1] Group 1 - The capacity utilization rate of Ningbo Wanshang BOPP capacitor film is 96.67% [1] - The downstream customer base is relatively stable [1] - The company is involved in the military sector, which involves confidentiality and cannot disclose further details [1]

Company Summary - Zhejiang Zhongcheng announced a provision for credit impairment and asset impairment totaling 12.90 million yuan, which will reduce the net profit attributable to shareholders by 7.59 million yuan for the first half of 2025 [1] - The company's revenue composition for 2024 is as follows: POF heat shrinkable film accounts for 51.46%, synthetic rubber manufacturing accounts for 44.82%, other businesses account for 2.48%, and other equipment accounts for 1.24% [1] - As of the report date, Zhejiang Zhongcheng has a market capitalization of 4.9 billion yuan [1] Industry Summary - The A-share market has seen trading volumes exceed 2 trillion yuan for eight consecutive days, indicating strong market activity [1] - Major brokerage firms are actively recruiting for the autumn season, with 25 different positions available, reflecting a demand for talent in the industry [1]

Group 1 - The company Changhong Gaoke (SH 605008) announced that approximately 3.582 million restricted shares will be unlocked and listed for trading on August 27, 2025, accounting for 0.55% of the total share capital [2] - For the year 2024, the revenue composition of Changhong Gaoke is as follows: plastic film manufacturing accounts for 60.93%, synthetic rubber manufacturing accounts for 37.8%, other businesses account for 0.66%, and other non-metallic mineral products manufacturing accounts for 0.61% [2]

Group 1 - The stock price of Doushan New Materials remained stable at 5.79 yuan as of August 18, 2025, with a trading volume of 266,509 hands and a transaction amount of 154 million yuan [1] - Doushan New Materials specializes in the research, production, and sales of new materials such as polyester films and optical films, which are widely used in packaging, electronics, and construction [1] - The company announced on August 18 that it will continue to deepen strategic cooperation with leading domestic and international enterprises to enhance product market penetration [1] Group 2 - Doushan New Materials revealed that its foreign business is expected to achieve sales revenue of 1.197 billion yuan in 2024, accounting for 20.26% of total operating revenue [1] - The company plans to rationally allocate production capacity based on market demand and continuously improve its talent incentive mechanism [1] - On the same day, the main funds of Doushan New Materials experienced a net outflow of 14.589 million yuan, with a cumulative net outflow of 59.9246 million yuan over the past five days [1]

Financial Performance - The company reported a total revenue of 736 million yuan for the first half of 2025, a decrease of 2.54% year-on-year [1] - The net profit attributable to shareholders was 37.2 million yuan, down 28.27% compared to the previous year [1] - The gross profit margin decreased to 13.16%, a decline of 6.23% year-on-year, while the net profit margin fell to 5.05%, down 26.4% [1] - The total expenses (selling, administrative, and financial) amounted to 37.22 million yuan, representing an increase of 43.55% as a percentage of revenue [1] - Earnings per share decreased to 0.28 yuan, down 28.21% year-on-year [1] Cash Flow and Financial Health - The company's cash and cash equivalents dropped significantly to 140 million yuan, a decrease of 83.78% [1] - The company’s operating cash flow per share increased to 0.98 yuan, reflecting a substantial increase of 163.83% [1] - The liquidity ratio, indicated by cash and cash equivalents to current liabilities, is a concern as it stands at only 49.4% [3] Business Model and Strategy - The company’s return on invested capital (ROIC) was reported at 3.74%, indicating weak capital returns [3] - The company focuses on capital expenditures to drive performance, necessitating careful evaluation of the profitability of these investments [3] - The company is committed to innovation, with ongoing development of new products in response to market demands, particularly in functional films and masterbatches [3][4] Market Position and Future Outlook - The company aims to enhance its product structure and profitability through innovation and upgrading existing products [4] - There is a focus on expanding into niche applications for new film materials, which is expected to improve the company's market competitiveness [4]

Meeting Overview - The fifth meeting of the supervisory board of Guangdong Deguan Film New Materials Co., Ltd. was held on August 15, 2025, in accordance with national laws and regulations [1][2]. Resolutions Passed - The supervisory board approved the "2025 Half-Year Report and Summary" with a unanimous vote of 3 in favor, 0 against, and 0 abstentions [1][2]. - The board also approved the "Special Report on the Storage and Use of Raised Funds for the First Half of 2025," with the same voting results [1][2]. - A resolution was passed regarding the postponement of certain fundraising projects, specifically the "Functional Film and Functional Masterbatch Expansion and Technical Transformation Project" and the "Laboratory and Testing Upgrade Technical Transformation Project." The board confirmed that the postponement would not affect the normal operation of fundraising projects or the company's main business, ensuring no change in the use of raised funds and no harm to the interests of shareholders, especially minority shareholders [2].