证券代码：301526 证券简称：国际复材 重庆国际复合材料股份有限公司 投资者关系活动记录表 编号：2025-008 投资者关系活动 类别 ☑ 特定对象调研 □分析师会议 □媒体采访 □新闻发布会 □现场参观 □业绩说明会 □路演活动 □其他 (请文字说明其他活动内容) 参与单位名称及 人员姓名 国投证券股份有限公司：刘小凤 华泰证券股份有限公司：黄颖 时间 2025 年 11 月 19 日 地点 公司会议室 上市公司接待人 员姓名 副总经理、董事会秘书：黄敦霞 财务部、运营管理部、董事会办公室相关人员 投资者关系活动 主要内容介绍 一、公司副总经理、董事会秘书黄敦霞介绍公司基本情况： 公司成立于 1991 年，是一家以研发、生产、销售玻璃纤 维及制品为核心业务的高新技术企业。玻璃纤维作为复合材料 的增强材料，具有轻质、高强、耐久、绿色环保等特点，广泛 运用于风电叶片、汽车及轨道交通、电子电器、航空航天等重 要领域。 经过 30 多年的砥砺奋进，公司现已在国内外多个国家和 地区建有生产基地，玻纤纱年产能超过 120 万吨，玻纤布年产 能达到 2 亿米，居全球前三。在清洁能源、5G 通讯、节能减 排等核心领域 ...

近5日资金流向一览见下表： | | | | | 日期 收盘价 涨跌幅 主力净流入 主力净占比 游资净点比 游资净占比 散户净占比 | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 2025-11-18 | 5.78 | -1.20% | -2757.24万 | -14.94% | 302.91万 | 1.64% | 2454.33万 | - 13.30% | | 2025-11-17 | 5.85 | -1.18% | -3456.23万 | -18.06% | 1034.77万 | 5.41% | 2421.46万 | 12.65% | | 2025-11-14 | 5.92 | | -2.95% -3105.26万 | -11.98% | 627.21万 | 2.42% | 2478.05万 | 9.56% | | 2025-11-13 | 6.10 | 3.39% | 3423.69万 | 8.80% | -3317.55万 | -8.53% | -106.14万 | -0.27% | | 2025-11-12 | 5 ...

该股主要指标及行业内排名如下： 证券之星消息，截至2025年11月17日收盘，国际复材(301526)报收于5.85元，下跌1.18%，换手率 2.33%，成交量32.7万手，成交额1.91亿元。 11月17日的资金流向数据方面，主力资金净流出3456.23万元，占总成交额18.06%，游资资金净流入 1034.77万元，占总成交额5.41%，散户资金净流入2421.46万元，占总成交额12.65%。 近5日资金流向一览见下表： | | | | | 日期 收盘价 涨跌幅 主力净流入 主力净占比 游资净占比 散户净流入 散户净占比 | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 2025-11-17 | 5.85 | -1.18% | -3456.23万 | -18.06% | 1034.77万 | 5.41% | 2421.46万 | - 12.65% | | 2025-11-14 | 5.92 | -2.95% | -3105.26万 | -11.98% | 627.21万 | 2.42% | 2478.05万 | 9. ...

近一年中国玻璃纤维及其制品进口情况统计图 相关报告：智研咨询发布的《2025-2031年中国玻璃纤维行业市场现状调查及投资前景预测报告》 数据来源：中国海关，智研咨询整理 根据中国海关数据显示：2025年9月中国玻璃纤维及其制品进口数量为0.89万吨，同比增长8%，进口金 额为1.08亿美元，同比增长44.7%。 知前沿，问智研。智研咨询是中国一流产业咨询机构，十数年持续深耕产业研究领域，提供深度产业研 究报告、商业计划书、可行性研究报告及定制服务等一站式产业咨询服务。专业的角度、品质化的服 务、敏锐的市场洞察力，专注于提供完善的产业解决方案，为您的投资决策赋能。 ...

Core Viewpoint - International Composites (301526) shows a positive performance with a closing price of 6.32 yuan, up 1.12% as of October 31, 2025, indicating a potential investment opportunity in the glass fiber industry [1] Financial Performance - For the first three quarters of 2025, the company reported a main revenue of 6.413 billion yuan, a year-on-year increase of 19.01% [3] - The net profit attributable to shareholders reached 273 million yuan, up 273.53% year-on-year [3] - The third quarter alone saw a main revenue of 2.26 billion yuan, an 18.3% increase year-on-year, with a net profit of 41.63 million yuan, reflecting a 167.66% rise [3] Market Position - The total market capitalization of International Composites is 23.832 billion yuan, ranking 5th in the glass fiber industry [3] - The company has a net asset value of 9.248 billion yuan, also ranking 6th in the industry [3] - The company's price-to-earnings ratio stands at 65.49, placing it 10th among its peers [3] Capital Flow Analysis - On October 31, 2025, the net inflow of main funds was 49.48 million yuan, accounting for 8.37% of the total transaction volume [1][2] - Retail investors experienced a net outflow of 38.88 million yuan, representing 6.57% of the total transaction volume [1][2] - Over the past five days, the stock has seen fluctuations in capital flow, with significant net outflows on October 30 and 29, indicating varying investor sentiment [2] Industry Comparison - The company's gross margin is 17.67%, which is lower than the industry average of 20.76%, ranking 13th in the sector [3] - The return on equity (ROE) is 3.38%, outperforming the industry average of 1.74%, ranking 10th [3] - The company's net profit margin is 5.25%, higher than the industry average of 3.5%, ranking 12th [3]

Core Viewpoint - The report by Zhiyan Consulting highlights the current state and investment prospects of the fiberglass industry in China, indicating a decline in import volume but an increase in import value for fiberglass and its products in August 2025 compared to the previous year [1]. Import Data Summary - In August 2025, China's imports of fiberglass and its products amounted to 0.9 million tons, representing a year-on-year decrease of 0.9% [1]. - The import value for the same period reached 1.04 million USD, showing a year-on-year increase of 20.3% [1]. Industry Insights - Zhiyan Consulting is recognized as a leading industry consulting firm in China, specializing in in-depth industry research reports, business plans, feasibility studies, and customized services [1]. - The firm emphasizes its commitment to providing comprehensive industry solutions to empower investment decisions through professional insights and market acumen [1].

Core Viewpoint - Shandong Fiberglass is a significant player in the domestic fiberglass industry, established in 2008 and listed on the Shanghai Stock Exchange in 2020, with a strong focus on the research, production, and sales of fiberglass and related products [1] Group 1: Business Performance - In Q3 2025, Shandong Fiberglass reported revenue of 1.774 billion yuan, ranking 5th in the industry, with the top competitor, China National Materials, generating 21.701 billion yuan [2] - The main business revenue composition includes 900.3 million yuan from fiberglass products (80.01%) and 216 million yuan from electric and thermal products (19.11%) [2] - The net profit for the same period was -213,800 yuan, placing the company last in the industry rankings [2] Group 2: Financial Ratios - As of Q3 2025, the asset-liability ratio for Shandong Fiberglass was 65.87%, higher than the previous year's 60.48% and above the industry average of 48.80% [3] - The gross profit margin was reported at 15.03%, an increase from 6.33% year-on-year, but still below the industry average of 23.85% [3] Group 3: Executive Compensation - The chairman, Zhang Shanjun, received a salary of 1.1557 million yuan in 2024, an increase of 620,100 yuan from 2023 [4] - The general manager, Zhu Bo, earned 541,700 yuan in 2024, up by 509,200 yuan from the previous year [4] Group 4: Shareholder Information - As of September 30, 2025, the number of A-share shareholders increased by 10.38% to 37,700 [5] - The average number of circulating A-shares held per shareholder decreased by 9.41% to 15,900 [5]

Core Insights - International Composites (301526) closed at 6.78 yuan on October 29, 2025, with a 2.11% increase and a trading volume of 1.5828 million hands, resulting in a transaction value of 1.063 billion yuan [1] Financial Performance - For the first three quarters of 2025, the company reported a main revenue of 6.413 billion yuan, a year-on-year increase of 19.01% - The net profit attributable to shareholders was 273 million yuan, up 273.53% year-on-year - The net profit after deducting non-recurring gains and losses was 248 million yuan, an increase of 214.27% year-on-year - In Q3 2025, the company achieved a single-quarter main revenue of 2.26 billion yuan, a year-on-year increase of 18.3% - The single-quarter net profit attributable to shareholders was 41.626 million yuan, up 167.66% year-on-year - The single-quarter net profit after deducting non-recurring gains and losses was 33.811 million yuan, an increase of 150.1% year-on-year - The company's debt ratio stands at 57.54%, with investment income of -9.3097 million yuan and financial expenses of 86.9545 million yuan [3] Market Position - The company's total market value is 25.567 billion yuan, ranking 5th in the glass fiber industry - The net assets amount to 9.248 billion yuan, also ranking 6th in the industry - The net profit is 273 million yuan, ranking 5th, while the price-to-earnings ratio (PE) is 70.26, ranking 10th - The price-to-book ratio (PB) is 3.11, ranking 13th, with a gross profit margin of 17.67%, ranking 13th, and a net profit margin of 5.25%, ranking 12th - The return on equity (ROE) is 3.38%, ranking 9th in the industry [3] Recent Ratings and Price Movements - In the last 90 days, one institution has given a buy rating for the stock, with an average target price of 7.2 yuan [4]

Core Insights - International Composites (301526) closed at 6.14 yuan on October 24, 2025, with a rise of 2.68% and a trading volume of 681,000 hands, resulting in a transaction value of 415 million yuan [1] Fund Flow Analysis - On October 24, 2025, the net outflow of main funds was 2.8851 million yuan, accounting for 0.7% of the total transaction value, while retail investors saw a net inflow of 8.4881 million yuan, representing 2.05% of the total transaction value [1][2] - Over the past five days, the stock experienced fluctuations in fund flows, with significant net outflows from main and speculative funds on several days, while retail investors showed consistent net inflows [2] Company Performance Metrics - As of the latest report, International Composites has a total market value of 23.153 billion yuan, ranking 5th in the glass fiber industry [3] - The company reported a main revenue of 4.153 billion yuan for the first half of 2025, a year-on-year increase of 19.4%, and a net profit of 231 million yuan, up 341.55% year-on-year [3] - The second quarter of 2025 showed a single-quarter main revenue of 2.285 billion yuan, a 17.6% increase year-on-year, and a net profit of 179 million yuan, reflecting a significant year-on-year increase of 754.09% [3] Financial Ratios - The company has a price-to-earnings ratio (P/E) of 50.05 and a price-to-book ratio (P/B) of 2.82, with a gross margin of 17.38% and a net margin of 6.69% [3] - The return on equity (ROE) stands at 2.86%, indicating a competitive position within the industry [3]

Core Insights - In April 2025, China's imports of fiberglass and its products reached 10,200 tons, marking a year-on-year increase of 21.9% [1] - The import value for the same period was $11.5 million, reflecting a significant year-on-year growth of 56.9% [1] Import Statistics - The data indicates a robust growth trend in both the quantity and value of fiberglass imports into China [1] - The increase in import volume and value suggests a rising demand for fiberglass products in the Chinese market [1]