人民财讯1月5日电，森泰股份（301429）1月5日公告，因越南森泰工厂临近租期终止日期，且续租成本 较大，为更好地满足公司业务发展和海外生产基地布局的需要，公司拟通过设立新加坡全资子公司，投 资越南新建高性能木塑复合材料和新型石木塑复合材料生产基地。该项目计划投资金额不超过1.4亿 元，包括但不限于新设新加坡投资公司和越南生产公司、购买土地、新建厂房、购置机器设备等相关事 项。 ...

森泰股份（301429）(301429.SZ)公告，公司拟通过设立新加坡全资子公司，投资越南新建高性能木塑 复合材料和新型石木塑复合材料生产基地。该项目计划投资金额不超过人民币1.4亿元，包括但不限于 新设新加坡投资公司和越南生产公司、购买土地、新建厂房、购置机器设备等相关事项。 ...

Core Viewpoint - The company plans to establish a wholly-owned subsidiary in Singapore to invest in a new high-performance wood-plastic composite and new stone-wood-plastic composite production base in Vietnam, with a total investment not exceeding RMB 140 million [1] Group 1 - The planned investment includes the establishment of a Singapore investment company and a Vietnamese production company [1] - The investment will cover land acquisition, factory construction, and machinery and equipment purchases [1]

因越南森泰工厂临近租期终止日期，且续租成本较大，为更好地满足公司业务发展和海外生产基地布局 的需要，公司拟通过设立新加坡全资子公司，投资越南新建高性能木塑复合材料和新型石木塑复合材料 生产基地。该项目计划投资金额不超过人民币1.4亿元，包括但不限于新设新加坡投资公司和越南生产 公司、购买土地、新建厂房、购置机器设备等相关事项，实际投资金额以主管部门批准金额为准。公司 将根据市场需求和业务进展等具体情况分阶段实施建设越南生产基地，本次投资项目为公司主营业务。 格隆汇1月5日丨森泰股份(301429.SZ)公布，为了满足公司未来业务发展和市场拓展的需要，进一步提 高市场占有率，增强市场竞争力，实现业绩的持续增长，公司拟通过设立新加坡全资子公司，投资越南 设立全资子公司，通过购置土地，新建厂房，购置机器设备，建设生产基地。本次对外投资尚需取得政 府相关部门关于项目核准、备案以及规划、施工等相关许可手续。 ...

森泰股份公告，拟通过设立新加坡全资子公司，投资越南设立全资子公司，通过购置土地，新建厂房， 购置机器设备，建设高性能木塑复合材料和新型石木塑复合材料生产基地。计划投资金额不超过人民币 1.4亿元，包括但不限于新设新加坡投资公司和越南生产公司、购买土地、新建厂房、购置机器设备等 相关事项，实际投资金额以主管部门批准金额为准。 ...

森泰股份公告，公司拟通过设立新加坡全资子公司，投资越南设立全资子公司，注册资金不超过2000万 美元。新加坡投资公司名为SINTEC INTERNATIONAL INVESTMENT PTE.LTD.，拟定经营范围为国际 投资、国际贸易、商务咨询等。越南生产公司名为新泰科技（越南）有限公司，拟定经营范围为高性能 木塑复合材料和新型石木塑复合材料及其制品的生产、销售、服务；其他新材料及配件的生产、销售、 服务。 ...

Group 1 - The core viewpoint of the news is that Sentai Co., Ltd. has experienced a decline in stock price and financing activities, indicating potential liquidity issues and market sentiment challenges [1][2]. Group 2 - As of October 30, Sentai Co., Ltd. saw a stock price drop of 0.87% with a trading volume of 18.63 million yuan [1]. - The financing buy-in amount for Sentai Co., Ltd. on the same day was 752,000 yuan, while the financing repayment was 1.88 million yuan, resulting in a net financing outflow of 1.13 million yuan [1]. - The total financing and securities balance for Sentai Co., Ltd. as of October 30 was 18.38 million yuan, which accounts for 2.14% of the circulating market value, indicating a low financing balance compared to the past year [1]. - On the same day, there were no shares sold or repaid in the securities lending market, with the securities lending balance also at zero, suggesting a high level of inactivity in this area [1]. Group 3 - As of September 30, the number of shareholders for Sentai Co., Ltd. was 7,560, a decrease of 11.48% from the previous period, while the average circulating shares per person increased by 12.96% to 5,825 shares [2]. - For the period from January to September 2025, Sentai Co., Ltd. reported a revenue of 733 million yuan, representing a year-on-year growth of 14.80%, but the net profit attributable to shareholders decreased by 20.98% to 43.34 million yuan [2]. Group 4 - Since its A-share listing, Sentai Co., Ltd. has distributed a total of 100 million yuan in dividends [3]. - As of September 30, 2025, among the top ten circulating shareholders, Huaxia Zhisheng Pioneer Stock (LOF) A was the eighth largest shareholder with 594,300 shares, marking a new entry, while Nuoan Multi-Strategy Mixed A reduced its holdings by 27,600 shares to 527,500 shares [3].

Core Viewpoint - SenTai Co., Ltd. is a leading domestic enterprise in high-performance wood-plastic composite materials, focusing on R&D, design, production, and sales of these materials and their applications [1] Group 1: Business Performance - In Q3 2025, SenTai's revenue reached 733 million yuan, ranking 10th in the industry out of 17 companies [2] - The main business composition includes high-performance wood-plastic composite materials generating 305 million yuan (60.56% of revenue) and new stone-wood plastic composite materials generating 175 million yuan (34.75% of revenue) [2] - The net profit for the same period was 22.17 million yuan, ranking 7th in the industry [2] Group 2: Financial Ratios - As of Q3 2025, SenTai's debt-to-asset ratio was 16.89%, lower than the previous year's 18.01% and significantly below the industry average of 34.66% [3] - The gross profit margin for the period was 27.58%, slightly down from 28.07% year-on-year but still above the industry average of 19.88% [3] Group 3: Executive Compensation - Chairman Tang Shengwei's salary for 2024 is 444,800 yuan, an increase of 160,000 yuan from 2023 [4] - General Manager Tang Daoyuan's salary for 2024 is 346,300 yuan, an increase of 77,000 yuan from 2023 [4] Group 4: Shareholder Information - As of September 30, 2025, the number of A-share shareholders decreased by 11.48% to 7,560 [5] - The average number of circulating A-shares held per shareholder increased by 12.96% to 5,825.55 [5]

Group 1 - The core viewpoint of the news is that SenTai Co., Ltd. has shown a significant stock performance with a year-to-date increase of 26.64% and a current market capitalization of 2.276 billion yuan [1] - As of June 30, 2025, SenTai Co., Ltd. achieved an operating income of 503 million yuan, representing a year-on-year growth of 20.96%, while the net profit attributable to shareholders decreased by 19.97% to 31.1848 million yuan [1] - The company's main business revenue composition includes high-performance wood-plastic composite materials (60.56%), new stone-wood plastic composite materials (34.75%), and other segments [1] Group 2 - SenTai Co., Ltd. has distributed a total of 100 million yuan in dividends since its A-share listing [2] - As of June 30, 2025, the number of shareholders decreased by 2.89% to 8,540, while the average circulating shares per person increased by 2.97% to 5,157 shares [1] - Notably, the seventh largest circulating shareholder is the Noan Multi-Strategy Mixed A fund, which holds 555,100 shares as a new shareholder [2]

Financial Performance - In the first half of 2025, the company's operating revenue increased by 20.96% to CNY 503 million, while the net profit attributable to shareholders decreased by 19.97% to CNY 31.18 million [2][3] - The decline in net profit is attributed to high operating and market development costs of the subsidiary, Nait America, which accounted for 66.57% of the revenue growth [2][4] - The company's sales net profit margin fell significantly by 57.39% to 3.18% [2][3] Investment and R&D - The company reported a research and development investment of CNY 14.23 million in the first half of 2025, focusing on core technologies and industry trends [6][9] - The progress of the fundraising project "Annual Production of 600,000 Square Meters of New Stone-Wood Plastic Composite Material Digital Printing Production Line" is at 52% completion and is currently in trial production [4] Market Strategy and Expenses - The total period expenses reached CNY 122 million, with a period expense ratio of 24.14%, an increase of 4.40 percentage points year-on-year [8] - Sales expenses increased by 44.58%, management expenses by 45.91%, and financial expenses by 127.68%, primarily due to the formal operation of the overseas subsidiary, Nait America [8][10] - The company plans to continue deepening its presence in the European market while actively exploring North America, the Middle East, and other emerging markets [7][10] Currency and Trade Impact - The company's sales are primarily in foreign markets, with USD being the main currency, making it susceptible to exchange rate fluctuations [7][8] - The international trade environment, particularly increased tariffs in the U.S., has a certain impact on the company's market expansion [10] Shareholder and Market Response - The company maintains that changes in institutional holdings and stock price fluctuations are market behaviors, emphasizing a focus on core business and enhancing profitability [9][10] - The company has not seen an increase in shares held by major shareholders according to the 2025 semi-annual report [10]