Group 1 - The core viewpoint of the news is that Xin Ya Qiang's stock has experienced fluctuations, with a recent decline of 2.12% and a year-to-date increase of 36.12% [1] - As of November 18, the stock price is reported at 17.56 CNY per share, with a total market capitalization of 5.545 billion CNY [1] - The company has seen a net outflow of main funds amounting to 5.8692 million CNY, with significant selling pressure from large orders [1] Group 2 - For the period from January to September 2025, Xin Ya Qiang reported operating revenue of 451 million CNY, a year-on-year decrease of 19.05%, and a net profit attributable to shareholders of 78.8527 million CNY, down 20.39% year-on-year [2] - The number of shareholders has decreased by 47.19% to 20,000, while the average circulating shares per person increased by 89.35% to 15,753 shares [2] Group 3 - Since its A-share listing, Xin Ya Qiang has distributed a total of 735 million CNY in dividends, with 494 million CNY distributed over the past three years [3]

11月17日，新亚强盘中上涨2.03%，截至13:49，报18.12元/股，成交1.42亿元，换手率2.53%，总市值 57.22亿元。 资金流向方面，主力资金净流入239.13万元，特大单买入0.00元，占比0.00%，卖出100.39万元，占比 0.71%；大单买入2597.28万元，占比18.32%，卖出2257.77万元，占比15.92%。 新亚强今年以来股价涨40.47%，近5个交易日涨3.42%，近20日涨15.49%，近60日跌6.55%。 资料显示，新亚强硅化学股份有限公司位于江苏省宿迁生态化工科技产业园扬子路2号，成立日期2009 年11月13日，上市日期2020年9月1日，公司主营业务涉及有机硅精细化学品研发、生产及销售。主营业 务收入构成为：功能性助剂85.50%，苯基氯硅烷10.41%，其他(补充)4.10%。 新亚强所属申万行业为：基础化工-化学制品-有机硅。所属概念板块包括：有机硅、小盘、锂电池、新 材料、半导体等。 截至9月30日，新亚强股东户数2.00万，较上期减少47.19%；人均流通股15753股，较上期增加89.35%。 2025年1月-9月，新亚强实现营业收入4.51亿 ...

证券日报网讯新亚强（603155）11月12日在互动平台回答投资者提问时表示，公司部分功能性助剂作为 药物合成的基团保护剂，广泛应用于抗生素、抗病毒、抗肿瘤和心脑血管疾病等多种治疗领域药品的生 产。公司已与国内外众多知名制药企业保持长期稳定合作，该类产品作为公司核心产品之一，持续处于 满负荷生产状态。 ...

Investment Rating - The report assigns an "Accumulate" rating for the company, marking its first coverage [2][11]. Core Views - The company's main product gross margin has declined, leading to performance pressure in the first three quarters of 2025, with revenue down 19.05% year-on-year to 451 million yuan and net profit down 20.39% to 79 million yuan [2][4]. - Despite the challenges, the company has increased its investment in technological upgrades, successfully overcoming key technical barriers in customized products, which has enhanced its market response capabilities and expanded its application areas [3][4]. - The sales of electronic-grade chemicals are steadily increasing, with the company successfully entering core supply channels of major semiconductor manufacturers [8][11]. Financial Performance - In Q3 2025, the company reported a revenue of 129 million yuan, a decrease of 20.19% year-on-year, while net profit increased by 14.14% year-on-year to 20 million yuan [3]. - The gross margin for Q3 2025 was 17.41%, up 2.92 percentage points year-on-year, while the net profit margin was 16.03%, up 5.37 percentage points year-on-year [3]. - The company’s main products, functional additives and phenyl chlorosilane, saw production increase by 6.5% year-on-year to 11,312.90 tons, although sales prices have declined due to lower prices of organic silicon products [4][5]. Future Projections - The company is projected to achieve revenues of 618 million yuan, 739 million yuan, and 855 million yuan from 2025 to 2027, with corresponding net profits of 101 million yuan, 114 million yuan, and 144 million yuan [10][11]. - The report anticipates a recovery in profit growth, with a projected increase of 27% in net profit by 2027 [11]. Market Performance - As of November 10, 2025, the company's stock price was 17.52 yuan, with a market capitalization of approximately 5.53 billion yuan [6][17]. - The company has maintained a high dividend payout ratio, distributing 0.15 yuan per share in cash dividends, which has bolstered investor confidence [9].

（一）主要产品的价格变动情况 | 2025年1-9月平均售价 主要产品 （万元/吨） | 2024年1-9月平均售价 （万元/吨） | 变动比率（%） | | | --- | --- | --- | --- | | 功能性助剂 | 3.18 4.19 | | -24.11 | | 苯基氯硅烷 | 2.86 3.28 | | -12.80 | （二）主要原材料的价格变动情况 证券代码：603155 证券简称：新亚强 公告编号：2025-062 新亚强硅化学股份有限公司 关于 2025 年前三季度主要经营数据的公告 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个别及连带责任。 根据上海证券交易所《上海证券交易所上市公司自律监管指引第 3 号—行业 信息披露》及相关要求，新亚强硅化学股份有限公司（以下简称"公司"）现将 2025 年前三季度主要经营数据披露如下： 一、主要产品的产量、销量及收入实现情况 | 主要产品 | 2025 年 | 1-9 月产量 | 2025 | 年 1-9 | 月销量 | 2025 年 | 1-9 月销售金 | | ...

Group 1 - The core viewpoint of the news highlights the recent performance and financial metrics of XinYaqiang, indicating a stock price increase of 2.15% to 15.70 CNY per share, with a total market capitalization of 4.958 billion CNY [1] - XinYaqiang's main business involves the research, production, and sales of organic silicon fine chemicals, with a revenue composition of 85.50% from functional additives, 10.41% from phenyl chlorosilane, and 4.10% from other sources [1] - The company has seen a 21.71% increase in stock price year-to-date, but has experienced a decline of 1.44% over the last five trading days and 3.33% over the last twenty days [1] Group 2 - As of June 30, XinYaqiang had 38,000 shareholders, an increase of 136.64% from the previous period, while the average number of circulating shares per person decreased by 57.74% to 8,319 shares [2] - For the first half of 2025, XinYaqiang reported operating revenue of 321 million CNY, a year-on-year decrease of 18.58%, and a net profit attributable to shareholders of 59.01 million CNY, down 27.75% year-on-year [2] Group 3 - Since its A-share listing, XinYaqiang has distributed a total of 735 million CNY in dividends, with 494 million CNY distributed over the past three years [3]

Core Insights - The stock price of Xin Ya Qiang increased by 2.00% on September 24, reaching 15.80 CNY per share, with a total market capitalization of 4.989 billion CNY [1] - Year-to-date, Xin Ya Qiang's stock price has risen by 21.07%, but it has experienced declines of 2.41% over the last five trading days, 7.28% over the last twenty days, and 11.93% over the last sixty days [2] - The company has made a total cash distribution of 735 million CNY since its A-share listing, with 494 million CNY distributed in the last three years [3] Company Overview - Xin Ya Qiang, established on November 13, 2009, and listed on September 1, 2020, is located in Jiangsu Province and specializes in the research, production, and sales of organic silicon fine chemicals [2] - The main revenue composition includes functional additives (85.50%), phenyl chlorosilane (10.41%), and other supplementary products (4.10%) [2] - As of June 30, the number of shareholders increased by 136.64% to 38,000, while the average circulating shares per person decreased by 57.74% to 8,319 shares [2] Financial Performance - For the first half of 2025, Xin Ya Qiang reported operating revenue of 321 million CNY, a year-on-year decrease of 18.58%, and a net profit attributable to shareholders of 59.01 million CNY, down 27.75% year-on-year [2]

证券代码：603155 证券简称：新亚强 公告编号：2025-052 新亚强硅化学股份有限公司 关于 2025 年半年度主要经营数据的公告 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个别及连带责任。 根据《上海证券交易所上市公司自律监管指引第 3 号—行业信息披露》及相 关要求，新亚强硅化学股份有限公司（以下简称"公司"）现将 2025 年半年度 主要经营数据披露如下： 一、主要产品的产量、销量及收入实现情况 | 主要产品 | 2025 | 年 1-6 | 月产量 | 2025 | 年 1-6 | 月销量 | 年 2025 | 1-6 | 月销售金额 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | （吨） | | | （吨） | | | （万元） | | | 功能性助剂 | | | 6,060.50 | | | 5,943.31 | | | 20,354.92 | | 苯基氯硅烷 | | | 1,096.27 | | | 962.67 | | ...

证券代码：603155 证券简称：新亚强 公告编号：2025-033 新亚强硅化学股份有限公司 关于 2025 年第一季度主要经营数据的公告 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个别及连带责任。 （二）主要原材料的价格变动情况 | 主要原材料 | 2025 | 年 1-3 月平均采购价 | | 2024 | 年 1-3 月平均采购价 | | 变动比率 | | --- | --- | --- | --- | --- | --- | --- | --- | | | | 格（万元/吨） | | | 格（万元/吨） | | （%） | | 三甲基氯硅烷 | | | 1.50 | | | 1.68 | -10.71 | 三、报告期内无其他对公司生产经营具有重大影响的事项。 根据《上海证券交易所上市公司自律监管指引第 3 号—行业信息披露》及相 关要求，新亚强硅化学股份有限公司（以下简称"公司"）现将 2025 年第一季 度主要经营数据披露如下： 一、主要产品的产量、销量及收入实现情况 | 主要产品 | 2025 年 | 1-3 月产量 ...