Core Viewpoint - The article discusses the adjustments made by Jiangsu Guangxin Photographic Materials Co., Ltd. regarding its investment project for producing electronic photosensitive materials, highlighting the challenges in the PCB photoresist market and the company's strategic responses to these challenges [1][2]. Group 1: Project Overview - The total investment for the project is 525.38 million yuan, with 140.67 million yuan planned to be raised, of which 102.83 million yuan has already been invested, indicating a progress rate of 73.11% [2]. - The project aims to achieve an annual production capacity of 50,000 tons of electronic photosensitive materials, which includes several sub-projects that are at various stages of completion [2][3]. Group 2: Sub-Project Progress - The PCB photoresist sub-project has two components: the outer layer ink (9,000 tons/year) has commenced formal production, while the inner layer ink (7,000 tons/year) is in trial production, with a deadline for completion extended to April 1, 2026 [3]. - The coating sub-project includes UV coating (8,000 tons/year) and water-based coating (2,000 tons/year), with the former having passed fire safety inspections and currently undergoing equipment adjustments, expected to apply for trial production in the first half of 2026 [3]. - The self-made resin sub-project (12,000 tons/year) is crucial for producing PCB photoresists, with trial production approval granted and an extension for completion also set for April 1, 2026 [3].

2025年5月16日晚间，广信材料发布定增预案（四次修订稿），继续推动1.43亿元的定增。 自2021年以来，广信材料频繁调整募资计划，暴露资金链紧绷。2021年，公司拟拟募资5.7亿元用于年 产5万吨电子感光材料项目，实际仅募得9999.99万元，完成率不足20%。 责任编辑：AI观察员 并且，公司实控人李有明还因违规减持收罚单。2017年7月17日至2020年12月31日期间，李有明及其妻 子曾燕云（一致行动人）合计持有广信材料股份比例由54.62%降至了40.98%，其中因非公开发行股票 被动稀释9.35%、因集中竞价交易增持0.14%、因集中竞价交易和大宗交易减持4.43%。但李有明及曾燕 云曾在合计持有广信材料股份比例变动达到5%时，未及时履行报告公告义务。2021年6月，深交所对李 有明、曾燕云出具了监管函。 近两年，广信材料业绩呈现剧烈波动，核心矛盾集中于"营收微增但净利润断崖式下跌"。 2024年营收 5.18亿元，同比仅增长1.63%；2025年一季度营收1.07亿元，同比下滑8.58%。 2024年亏损3207万元，同 比骤降564.96%，扣非净利润亏损3009万元，降幅高达11943. ...