（编辑 任世碧） 证券日报网12月19日讯 国际复材在12月16日-18日回答调研者提问时表示，随着5G-Advanced（5G-A） 技术的规模化部署，通信行业正步入新一轮发展周期，市场对低介电、高性能材料的需求显著提升，带 动了LDK产品市场的持续增长。公司目前已掌握坩埚法与池窑法双工艺生产能力，并通过持续创新不 断提升产品性能与市场占有率。在产品布局上，公司坚持走差异化发展路径，聚焦于高端产品领域，强 化超细电子纤维、高性能特种纤维等产品的技术储备。与此同时，在人工智能产业快速发展的推动下， PCB领域对低介电高性能LDK产品的需求日益旺盛，客户对产品品质与稳定供应提出更高要求。公司亦 将紧密跟踪市场与技术趋势，持续优化产品性能，积极应对5G通信设备对材料提出的更新、更高要 求，并通过加大研发投入、强化跨部门协同，实现LDK等高端产品从研发、生产到市场应用的全价值 链高效衔接。 ...

Core Viewpoint - The company is actively formulating its "14th Five-Year" development plan, focusing on technology research and application in cutting-edge fields such as 5G, artificial intelligence, autonomous driving, and the Internet of Things [1] Group 1: Strategic Focus - The company aims to deepen its technology research and application in emerging markets like photovoltaic new energy and green new materials [1] - The company is committed to optimizing its production capacity structure and enhancing intelligent manufacturing levels [1] Group 2: Competitive Advantage - The company plans to strengthen cost control and improve market layout to enhance its core competitiveness [1] - The goal is to build a sustainable development advantage for the future [1]

（文章来源：证券日报） 证券日报网12月19日讯国际复材在12月16日-18日回答调研者提问时表示，2025年巴西子公司受产线冷 修技改与汇率波动（雷亚尔贬值）双重压力影响，呈现阶段性亏损。现阶段产能修复率持续提升，经营 质量也在逐步修复。在海外发展规划方面，公司将持续提升海外工厂综合竞争优势，强化全球供应链， 不断增强海外本地化运营深度，以构建成本护城河，加速高附加值产品导入，以提升区域溢价能力。同 时，公司还将持续关注海外市场动态，以寻找更多新的发展机遇。 ...

Core Viewpoint - Wuxi Chuangda New Materials Co., Ltd. has received approval for its initial public offering (IPO) on the Beijing Stock Exchange, focusing on high-performance thermosetting composite materials for various electronic applications [1] Company Overview - The company specializes in the research, production, and sales of high-performance thermosetting composite materials, including epoxy molding compounds, liquid epoxy encapsulants, silicone gels, phenolic molding compounds, and conductive silver pastes [1] - Its products are widely used in semiconductor, automotive electronics, and other electronic packaging fields, as well as providing epoxy engineering materials and services for cleanroom projects in the electronics industry [1] Financial Performance - Projected revenues for 2022, 2023, and 2024 are 311 million yuan, 345 million yuan, and 419 million yuan, respectively, indicating a revenue growth of 21.53% in 2024 [1] - Net profits for the same years are expected to be 22.73 million yuan, 51.47 million yuan, and 61.22 million yuan, with a year-on-year growth of 18.95% in 2024 [1] - Key financial metrics for 2024 include: - Revenue: 419.04 million yuan - Net profit attributable to shareholders: 61.22 million yuan - Basic earnings per share: 1.66 yuan - Weighted average return on equity: 11.60% [1]

革故鼎新，鉴证不凡！ 2025年12月18日，"2025年度资本市场卓越执业英才盛典"系列活动在历史与现代交融的城市——苏州隆重开展。本系 列活动由苏州市委金融办、姑苏区人民政府指导，深圳市全景网络有限公司主办，姑苏区发展和改革局协办，苏州华 贸商业管理有限公司承办。 活动设置"上市加速交流会"，为资本市场执业精英与优秀IPO梯队企业搭建一个"面对面"深入交流的高端平台，助力 资本市场"预备队"快速发展，实现资本与产业的精准匹配。 此次交流会聚焦科技创新与产业升级，精心遴选了5家具有行业代表性和高成长潜力的IPO梯队企业，具体包括： · 口腔医疗服务地方龙头——牙博士（牙博士医疗控股集团股份有限公司）。作为江苏省口腔医疗行业的领军企业， 公司不仅提供口腔种植、口腔正畸、综合口腔等全方位口腔医疗服务，还积极拥抱数字化技术，推动口腔诊疗全流程 的深度重构。其凭借直营连锁模式、顶尖医师人才、标准化运营体系及创新研发能力，在业界具备显著竞争力。据 2024年上市公司公开数据，就口腔医疗服务行业而言，牙博士营收规模在江苏省位列第一，华东区域位列第二。 · 智慧安保行业标杆——营财安保（江苏营财安保股份有限公司）。公司系 ...

Core Viewpoint - Wuxi Chuangda New Materials Co., Ltd. has successfully passed the IPO review on December 18, aiming to raise approximately 300 million yuan for its operations [1] Group 1: Company Overview - Chuangda New Materials specializes in the research, production, and sales of high-performance thermosetting composite materials [1] Group 2: IPO Details - The IPO was accepted on June 30, 2025, and entered the inquiry stage on July 24 of the same year [1] - The company plans to raise around 300 million yuan through this IPO [1] Group 3: Regulatory Scrutiny - The listing committee has requested Chuangda New Materials to clarify the reasons and rationality behind the increase in operating performance during the reporting period [1] - The company is also required to explain the reasonableness and accuracy of revenue recognition for its epoxy engineering service projects [1] - Additionally, the necessity and commercial rationale of the intermediary and trading model must be justified [1] Group 4: Fund Utilization - The listing committee has asked for explanations regarding the necessity and rationality of the construction project for a production line capable of producing 12,000 tons of key supporting materials for semiconductor packaging [1] - The need for an additional 63 million yuan in working capital must also be justified [1]

2026深圳国际复合材料工业技术展览会 各类树脂（不饱和/环氧/乙烯/酚醛等）各类纤维及增强材料（玻纤/碳纤/玄武岩纤维/芳纶/天然纤维等）胶黏剂、各种助剂、填料、色料及预混料、预浸料、 以及上述原材料的生产、加工和处理设备等； 复合材料生产技术与设备： 时间：2026年6月10-12日 地点：深圳国际会展中心 展会简介： 欢迎参加"2026深圳国际复合材料工业技术展览会"本届展会以"科技创新、引领未来"为主题，将于2026年6月10-12日在深圳国际会展中心隆重举办，本届展 览会将继承和发扬往届展会高规格、大规模、专业化的标准水平特色提高服务质量，扩大宣传力度，吸引更多国内外厂商参展，同时也将更广泛地组织国内 外专业观众参观。展会集结国内外著名企业参展，将集中展示原材料及其生产设备、复合材料生产技术和设备、最终制品及应用、复合材料质量控制与检 测、材料的机械加工设备、复合材料及其他制品的节能，全面覆盖材料制造、生产管理、喷射缠绕、模压、环保回收相关产业链的创新研发。市场、高管及 采购决策者莅临现场共促商贸还邀请各大专院校、科研单位、相关行业协会、新闻媒体、投资贸易机构人士参观。进一步突出专业性、权威性和国际 ...

Core Viewpoint - Wuxi Chuangda New Materials Co., Ltd. has received approval for its IPO application from the Beijing Stock Exchange, indicating a positive outlook for the company's growth and market entry [1]. Group 1: Company Overview - The company specializes in the research, production, and sales of high-performance thermosetting composite materials, with key products including epoxy molding compounds, liquid epoxy encapsulants, silicone gels, phenolic molding compounds, and conductive silver pastes [4]. - Chuangda New Materials was established in October 2003 and transitioned to a joint-stock company in February 2015, with its stock code being 873294 [4]. - As of June 30, 2025, the company had a total of 46 employees and six wholly-owned subsidiaries [4]. Group 2: Financial Performance - The company's revenue for the reporting period was as follows: 31,132.73 million yuan, 34,481.10 million yuan, 41,904.61 million yuan, and 21,146.75 million yuan [7]. - The net profit attributable to the parent company during the same period was 2,053.85 million yuan, 4,624.67 million yuan, 5,877.95 million yuan, and 3,208.71 million yuan [7]. - The total assets as of June 30, 2025, were 644.27 million yuan, with total equity amounting to 564.70 million yuan [8]. Group 3: Shareholding Structure - The major shareholders include Zhang Jun, Xixin Investment, Lu Nanping, and Mianyang Huili, with respective shareholdings of 15.87%, 11.11%, 7.67%, and 17.22% [5]. - Zhang Jun and Lu Nanping are the actual controllers of the company, holding significant voting rights through their direct and indirect shareholdings [6]. Group 4: Listing Standards - The company has chosen to meet the listing standards set by the Beijing Stock Exchange, which require a market value of no less than 200 million yuan, net profits of at least 15 million yuan in the last two years, and an average return on equity of no less than 8% [10]. Group 5: Inquiry Issues - The main inquiry issues raised during the review include the authenticity of operating performance, the necessity and rationality of fundraising projects, and the revenue recognition of specific projects [11].

证券日报网讯 12月17日，会通股份在互动平台回答投资者提问时表示，此次收购完成后，公司持有东 华复材55.46%股份，其子公司苏州空天复材主要专注于航空级高性能碳纤维复合材料的产业化推进， 具体进展情况请详见公司后续披露的相关定期报告。 ...

Core Viewpoint - Wuxi Chuangda New Materials Co., Ltd. is set to hold its IPO meeting on December 18, aiming to raise 300 million yuan for the construction of a production line for semiconductor packaging materials, a research center, and to supplement working capital [1] Group 1: IPO and Fundraising - The company plans to raise 300 million yuan for projects including a production line with an annual capacity of 12,000 tons for semiconductor packaging materials [1] - The IPO process has raised concerns regarding the procedural irregularities in the introduction of state-owned shareholders [1][4] Group 2: Shareholder Structure and Control - The actual controllers of the company, Zhang and Lu, hold a combined voting power of 51.87% through direct holdings and controlled investment platforms [6] - The company has faced scrutiny over its relationship with Wuxi Shaohui, a former wholly-owned subsidiary that has become a significant supplier despite a reduction in shareholding [8][9] Group 3: Financial Performance and Tax Incentives - The company has shown a dependency on tax incentives, with tax benefits amounting to 12.54 million yuan, 16.36 million yuan, 17.52 million yuan, and 8.73 million yuan over the reporting periods, constituting 55.88%, 28.49%, 25.00%, and 23.46% of total profits respectively [2][12] - Accounts receivable have been steadily increasing, representing nearly 40% of total assets, with significant bad debt provisions impacting performance [2][12] Group 4: Related Party Transactions - The company has acknowledged "same address operation" and "exclusive supply" relationships with Wuxi Shaohui, raising questions about potential control and financial mixing [10] - The procurement amounts from Wuxi Shaohui have increased over the years, indicating a growing reliance on this supplier [8][10] Group 5: Regulatory Scrutiny and Compliance Issues - The North Exchange has requested clarifications regarding the company's control over Wuxi Shaohui and the nature of transactions between them [9] - The company faced an administrative penalty of 221,000 yuan for illegal construction and environmental violations related to a subsidiary's project [12]