Core Viewpoint - Jiangsu Kuangshun Photosensitivity New-Material Stock Co., Ltd. plans to issue shares to specific investors to raise funds for its projects, particularly focusing on the production of electronic photosensitive materials and related products. Group 1: Company Overview - The company was established on May 12, 2006, and listed on August 30, 2016, with a registered capital of 200,395,122 RMB [13]. - The company specializes in the research, development, and production of photosensitive materials, including anti-corrosion inks and UV-curable coatings for printed circuit boards [13]. - The company's headquarters is located in Jiangyin City, Jiangsu Province, China [13]. Group 2: Fundraising Details - The company plans to raise a maximum of 300 million RMB through the issuance of shares, which will not exceed 20% of its net assets as of the end of the previous year [2]. - The funds raised will be allocated to a project with a total investment of 525.38 million RMB, specifically for the annual production of 50,000 tons of electronic photosensitive materials [2][3]. - The issuance price is set at 18.13 RMB per share, based on the average trading price of the company's shares over the 20 trading days prior to the pricing date [2]. Group 3: Financial Performance - In 2024, the company reported a revenue of 518.23 million RMB but incurred a net loss of 32.07 million RMB, primarily due to a decline in sales of photovoltaic glue products [3][4]. - The company recognized significant impairment losses, including 29.91 million RMB for goodwill and 13.44 million RMB for accounts receivable [3]. Group 4: Industry Context - The company operates within the electronic chemical materials sector, which is characterized by market-driven competition and significant government oversight [15]. - Recent policies from various government departments have encouraged the development of electronic chemical products, particularly in the context of energy transition and environmental sustainability [15]. Group 5: Risks and Challenges - The company faces risks related to the potential underperformance of its new projects, including the possibility of negative net profits in the first two years post-launch due to high depreciation costs [4][5]. - There are uncertainties regarding the successful development and market acceptance of new products, particularly in the field of photolithography materials [5][6]. - Environmental regulations may impact production capabilities, especially if the company is required to relocate or reduce output due to compliance issues [8].

2025 年 5 月 27 日投资者关系活动记录表 编号： 2025-018 投资者关系 活动类别 ☑特定对象调研 □分析师会议 □媒体采访 □业绩说明会 □新闻发布会 □路演活动 □现场参观 □其他： 参与单位名称及 人员姓名 吉富创投 罗华灶 时间 2025 年 5 月 27 日 13:30-14:30 地点 公司三楼会议室 上市公司 接待人员姓名 董事会秘书 张启斌； IR 经理 焦昱嘉； 投资者关系活动 主要内容介绍 一、公司 IR 经理焦昱嘉介绍公司及子公司的基本情况和产品情况，简要介绍公 司及行业发展情况等。 二、公司董事会秘书张启斌、IR 经理焦昱嘉就以下问题和参与者进行了交流： 问：请简要介绍公司主要产品及未来发展前景和增长潜力？ 答：公司在产品应用领域发展战略上，以传统优势的 PCB 光刻胶（PCB Photoresist）、3C 消费电子涂料（3C Coatings）等电子材料为基本盘，根据产业 发展趋势扩展光伏胶（PV Materials）、显示光刻胶（FPD Photoresist）、汽车涂料 （Automotive coatings）等国内发展优势产业应用领域，重点发展工业防护涂料 ...

彤程新材（603650.SH）2025 年一季报点评 一季度业绩稳健增长，半导体光刻胶加速放量 2025 年 05 月 06 日 ➢ 事件：4 月 29 日，彤程新材发布 2025 年一季报，公司 25Q1 实现收入 8.56 亿元，同比增长 9.41%；实现归母净利润 1.60 亿元，同比增长 10.92%；销售毛 利率 25.21%，同比+0.4pct，环比+2.1pct；销售净利率 19.20%，同比+0.32pct， 环比+9.55pct。 ➢ 电子业务增速强势助力业绩新高。公司电子化学板块增长迅速，受益于国际 贸易摩擦，关键材料自主可控需求持续加速，公司巩固并拓展了半导体光刻胶与 显示光刻胶协同发展的竞争优势，24 年业务收入 7.46 亿元，同比增长 32.63%。 并助力公司 2024 年实现总收入 32.70 亿元，同比增长 11.10%，业绩创新高。 ➢ 半导体光刻胶动能电子业务增长。公司半导体光刻胶产品近年来持续突破并 逐步成为业绩增长核心动能，24 年实现营业收入 3.03 亿元，同比大增 50.43%。 其中，化学放大 I 线光刻胶呈现高增长态势，同比增长 185%；KrF 光刻胶同比 ...