Core Viewpoint - Xiangyuan New Materials, established in 2003 and listed in 2021, is a leader in the domestic polyolefin foam materials sector, showcasing strong R&D capabilities and technical barriers [1] Group 1: Business Performance - In Q3 2025, Xiangyuan New Materials reported revenue of 440 million yuan, ranking 16th among 21 companies in the industry, significantly lower than the top company, Wankai New Materials, which had 12.436 billion yuan [2] - The main business revenue composition includes electronic irradiation cross-linked polyethylene foam materials at 227 million yuan (83.75%), other income at 29.34 million yuan (10.83%), and electronic irradiation cross-linked polypropylene foam materials at 14.68 million yuan (5.42%) [2] - The net profit for the same period was 40.65 million yuan, ranking 13th in the industry, again far below the top performer, Weike Technology, which reported 233 million yuan [2] Group 2: Financial Ratios - As of Q3 2025, the asset-liability ratio for Xiangyuan New Materials was 8.89%, a significant decrease from 37.92% in the previous year, well below the industry average of 33.77%, indicating strong debt repayment capability [3] - The gross profit margin for Q3 2025 was 29.29%, down from 31.86% year-on-year, but still higher than the industry average of 21.93%, reflecting robust profitability [3] Group 3: Executive Compensation - Chairman Wei Zhixiang's salary for 2024 was 591,200 yuan, an increase of 22,500 yuan from 2023 [4] - General Manager Wei Qiong's salary for 2024 was 696,600 yuan, up by 52,800 yuan from the previous year [4] Group 4: Shareholder Information - As of September 30, 2025, the number of A-share shareholders for Xiangyuan New Materials was 12,200, a decrease of 6.92% from the previous period [5] - The average number of circulating A-shares held per shareholder increased by 7.44% to 8,057.47 [5]

9月29日，祥源新材涨5.11%，截至发稿，报27.35元/股，成交1.01亿元，换手率3.83%，总市值37.80亿 元。 资料显示，湖北祥源新材科技股份有限公司位于湖北省汉川市经济开发区华一村，成立日期2003年4月 29日，上市日期2021年4月21日，公司主营业务涉及聚烯烃发泡材料的研发、生产和销售。主营业务收 入构成为：电子辐照交联聚乙烯发泡材料83.75%，其他10.83%，电子辐照交联聚丙烯发泡材料5.42%。 从祥源新材十大流通股东角度 数据显示，华夏基金旗下1只基金位居祥源新材十大流通股东。华夏行业景气混合A（003567）二季度 增持168.74万股，持有股数565.32万股，占流通股的比例为5.75%。根据测算，今日浮盈赚取约751.87万 元。 华夏行业景气混合A（003567）成立日期2017年2月4日，最新规模72.61亿。今年以来收益56.01%，同 类排名674/8244；近一年收益95%，同类排名438/8080；成立以来收益378.8%。 华夏行业景气混合A（003567）基金经理为钟帅。 截至发稿，钟帅累计任职时间5年65天，现任基金资产总规模82.53亿元，任职期间最佳 ...