Company Overview - Zhongqi New Materials Co., Ltd. is located in Gaoming District, Foshan City, Guangdong Province, and was established on March 27, 2007. The company was listed on August 23, 2021. Its main business involves the research, production, sales, and service of artificial quartz stone decorative materials [1]. - The revenue composition of Zhongqi New Materials includes 79.86% from slabs, 19.58% from countertops, 0.37% from other income, and 0.19% from high-purity sand [1]. Stock Performance - On September 4, Zhongqi New Materials' stock fell by 5.01%, trading at 52.75 CNY per share, with a transaction volume of 355 million CNY and a turnover rate of 4.11%. The total market capitalization is 9.823 billion CNY [1]. Shareholder Information - Among the top ten circulating shareholders of Zhongqi New Materials, Yongying Fund has a fund that entered the top ten in the second quarter, holding 2.8 million shares, which accounts for 1.79% of the circulating shares. The estimated floating loss today is approximately 7.784 million CNY [2]. - The Yongying Semiconductor Industry Selected Mixed Fund A (015967) was established on September 22, 2022, with a latest scale of 196 million CNY. Year-to-date returns are 50.93%, ranking 637 out of 8180 in its category, while the one-year return is 124.21%, ranking 148 out of 7978 [2]. - The fund manager, Zhang Haixiao, has a cumulative tenure of 2 years and 99 days, with the fund's total asset scale at 2.436 billion CNY. The best fund return during his tenure is 52.47%, while the worst is -19.48% [2].

Group 1 - The company Guangdong Zhongqi New Materials Co., Ltd. issued 5.4 million convertible bonds with a total amount of 540 million yuan, approved by the China Securities Regulatory Commission [2][3][18] - The bonds have a maturity of six years, from March 3, 2023, to March 2, 2029, with an annual interest rate that increases from 0.30% in the first year to 2.80% in the sixth year [3][5][10] - The initial conversion price for the bonds is set at 30.27 yuan per share, subject to adjustments based on various corporate actions [6][24] Group 2 - The company reported a revenue of 532.31 million yuan for 2024, a decrease of 22.88% compared to 2023, and a net profit attributable to shareholders of 25.82 million yuan, down 66.14% [18][21] - The company is engaged in the research, production, and sales of artificial quartz stone products, with plans to diversify into high-purity quartz sand and silicon crystal materials [17][18] - The company has established a specialized account for the management of raised funds, ensuring compliance with regulations and proper usage of the funds [16][19] Group 3 - The company has a total asset value of approximately 2.34 billion yuan as of the end of 2024, reflecting a 2.72% increase from the previous year [18][21] - The company’s actual control person, Zhou Jun, provides a guarantee for the bonds, ensuring the repayment of principal and interest to bondholders [20][21] - The company has not encountered any default on interest payments and maintains a normal willingness to repay debts [21][22]

Industry Overview - Artificial stone is an artificial composite material that has become a major decorative material in the construction and decoration field due to its cost and performance advantages, with a broad development prospect [1][6] - The Asia-Pacific region, represented by China, is currently the largest market for artificial stone production and sales globally [1][6] - The market size of China's artificial stone industry is projected to reach 63.577 billion yuan in 2024, with resin-based artificial stone accounting for 46.494 billion yuan and inorganic artificial stone for 17.083 billion yuan [6][8] - The market size is expected to grow to 64.164 billion yuan in 2025, with resin-based artificial stone at 46.679 billion yuan and inorganic artificial stone at 17.485 billion yuan [6][8] Industry Development Trends - The green and low-carbon development of inorganic artificial stone will be a future trend, driven by global "dual carbon" goals [1][6] - The increasing strictness of environmental policies, consumption upgrades, and technological advancements have led to rapid growth in the artificial stone industry in recent years [6][8] - The global artificial stone market is expected to reach 25.15 billion USD in 2024, with the Asia-Pacific region accounting for 12.516 billion USD [1][6] Industry Chain Structure - The upstream of the artificial stone industry includes raw materials such as unsaturated polyester resin, stone fillers, and cement, as well as auxiliary materials like catalysts, curing agents, and pigments [8][10] - The midstream involves the production of artificial stone, while the downstream applications primarily include construction real estate and decoration, covering residential, hotel, restaurant, shopping mall, and hospital sectors [8][10] Competitive Landscape - The artificial stone industry has a low concentration level with numerous market entrants, leading to intense competition [14][18] - Major companies in the domestic artificial stone industry include Guangdong Zhongqi New Materials Co., Ltd., Guangzhou Golandi New Materials Co., Ltd., and Guangdong Bitto New Materials Technology Co., Ltd. [14][18] Key Companies - Guangdong Zhongqi New Materials Co., Ltd. is the first A-share listed company in the artificial stone sector, focusing on green and environmentally friendly artificial stone research and manufacturing [17][18] - Guangzhou Golandi New Materials Co., Ltd. specializes in the research, production, and sales of quartz stone and artificial stone, with multiple production bases across China [17][18] - Guangdong Bitto New Materials Technology Co., Ltd. has established modern industrial bases in Guangdong, Hubei, and Jiangxi, focusing on high-end surface material innovation [20][21] Technological Development Trends - The future direction of artificial stone development includes high strength, green environmental protection, non-toxic, radiation-free, wear resistance, fire resistance, and durability [22] - Continuous advancements in scientific research and technology application are enhancing the performance and functionality of artificial quartz stone products, with a focus on automation and intelligence in production [22]

星标 ★ IPO日报 精彩文章第一时间推送 这家上市3年多的公司即将易主。 近期，广东中旗新材料股份有限公司（下称"中旗新材"，001212.SZ）发布公告称，广东星空科技装备有限公司（下称"星空科技"）通过协议受让方式， 以8.03亿元收购中旗新材24.97%股份，其一致行动人陈耀民同步购入5.01%股份，合计持股比例达29.98%。 交易完成后，星空科技成为中旗新材控股股东，实控人由周军变更为半导体领域知名人物贺荣明。受此消息提振，中旗新材公告发布隔日复牌即一字涨 停，报32.20元/股，市值39亿元。 这意味着，人造石材第一股或将进军集成电路高端芯片制造材料和设备领域。 制图：佘诗婕 实力不凡 具体来看，星空科技拟协议收购3049.89万股中旗新材股份，占上市公司股份总数的24.97%，受让总价约为8.03亿元。其一致行动人陈耀民斥资1.61亿元， 购入5.01%股份，两者合计持股比例达29.98%。股权的转让方——原实控人周军以及原控股股东海南羽明华和均出具《关于不谋求公司控制权的承诺 函》，星空科技以及其一致行动人陈耀民以此获得了中旗新材的控制权。 其中，星空科技的实际控制人为贺荣明，贺荣明是中国光 ...