长江商报消息●长江商报记者 黄聪 伴随着下游客户纷纷海外建厂，华光新材（688379.SH）也计划在泰国建设生产基地。 12月22日晚间，华光新材发布的2025年度以简易程序向特定对象发行股票预案（修订稿）显示，公司本 次募集资金总额为1.99亿元，扣除发行费用后拟将募集资金全部用于"泰国华光钎焊材料生产基地项目 （二期）"项目。 华光新材表示，为寻求新的利润增长点，提升公司综合竞争能力，公司不断加大海外市场的拓展，深度 挖掘海外市场在制冷暖通、电力电气、新能源汽车和电子等领域的需求，加快推进"华开全球"的国际化 战略。 业绩方面，2025年前三季度，华光新材实现营业收入18.26亿元，同比增长33.15%；归母净利润1.58亿 元，同比增长100.79%。 长江商报记者发现，华光新材创立于1995年，公司已创立30年，2025年营业收入有望首次突破20亿元。 泰国项目总投资2.49亿 华光新材是专注于智能、高效、绿色焊接解决方案的国家高新技术企业，一直致力于钎焊技术研发与高 品质钎焊材料制造，历经30年的持续创新和发展，成为国内钎料行业的领军企业。 近年来，东南亚制冷行业蓬勃发展，美的集团、海尔集团、海信集 ...

格隆汇12月23日丨华光新材(688379.SH)在互动平台表示，公司泰国生产基地规划的主要产品包括银钎 料、铜基钎料、锡基钎料、铝基钎料，对应的下游包含制冷暖通、电力电气、新能源汽车、电子、AI 等各个领域，目前泰国一期项目正在安装设备、试生产调试和验证中，预计明年初投产。 ...

图片来源于企业官网 本报（chinatimes.net.cn）记者张蓓 见习记者 黄指南 深圳报道 商业航天政策东风与CPO（共封装光学）赛道景气共振，让"工业万能胶"钎焊材料龙头华光新材 （688379.SH）的股价迎来爆发。 12月17日，该股早盘快速拉升，终盘以18.34%的涨幅收报55.30元/股，距科创板20%涨停线仅一步之 遥；次日行情延续热度，盘中股价一度冲高至59.88元/股，阶段涨幅达12.45%，尾盘回落至4.79%的单 日涨幅。截至12月19日收盘，华光新材报55.89元/股，较开盘下跌3.55%，市值回调情绪已经显现。 资金对硬核资产的追捧在12月17日达到小高峰——航天晨光、盛洋科技、大元泵业等标的集体封死10% 涨停，单日板块涨停家数稳定在10只以上，火箭制造、卫星通信等细分领域的交易活跃度创下阶段新 高。 当商业航天的涨停潮尚未褪去热度，资金的嗅觉已转向算力赛道。12月第三周（12月15日—17日）， CPO概念迅速完成主线接棒。12月17日当天，CPO板块单日涨幅达4.86%，而此前一周的累计涨幅已高 达9.62%，形成明确的趋势性行情。 作为板块核心标的，中际旭创股价一度触及 ...

Core Viewpoint - The company is planning to issue shares through a simplified procedure to specific investors, which may dilute immediate returns for existing shareholders, and has proposed measures to mitigate this impact [4][6][12]. Group 1: Share Issuance and Financial Impact - The company intends to issue up to 19,900 million yuan in shares, which will increase the total share capital from 90,085,520 shares to 117,111,176 shares [5]. - The projected net profit for 2025 under three scenarios shows a potential decrease in basic earnings per share from 0.94 yuan to as low as 0.75 yuan due to the dilution effect [5][6]. - The company has committed to measures to ensure that the dilution of immediate returns is addressed, including enhancing the management of raised funds and accelerating project implementation [10][12]. Group 2: Shareholder Return Planning - The company has developed a three-year dividend return plan for 2025-2027, focusing on providing stable and reasonable returns to shareholders [13][14]. - The dividend distribution policy emphasizes that cash dividends should not exceed the cumulative distributable profits and must consider the company's operational needs [14][15]. - The company aims to distribute at least 10% of the annual distributable profits as cash dividends, with higher percentages for mature stages without significant capital expenditures [16][17]. Group 3: Previous Fund Utilization - The company reported that all previous fundraising has been fully utilized, with a total of 31,913.03 million yuan raised for various projects, including the construction of a new manufacturing facility [21][22]. - The actual investment in previous projects was 28,625.02 million yuan, with no significant deviations from the planned investment amounts [21][22]. - The company has established a robust management system for fundraising, ensuring compliance with regulations and effective use of funds [20][21].

Core Viewpoint - The company plans to raise funds through a simplified procedure for a specific audience to support its strategic business development and enhance profitability, focusing on the production of soldering materials in Thailand [1][10][28]. Group 1: Background and Purpose of the Issuance - The soldering materials industry is crucial for various sectors, including smart home, energy, rail transportation, new energy vehicles, industrial tools, electronics, aerospace, and AI, with significant growth potential driven by national policies and market demand [2]. - Recent government policies have created a favorable environment for the soldering materials industry, emphasizing technological innovation and industrial upgrades to promote high-quality manufacturing [2]. - The demand for environmentally friendly soldering materials is increasing, supported by national initiatives for green and low-carbon transformation in the raw materials industry [2]. Group 2: Company Strategy and Market Position - The company is a leading domestic player in the soldering materials sector, focusing on silver, copper, tin, and aluminum soldering materials, and aims to expand production capacity and enhance product performance [28]. - The company maintains close cooperation with key clients, providing customized products and technical support, which strengthens customer relationships and enhances competitiveness [6][8]. - The establishment of production bases in Thailand aligns with the global supply chain strategies of major clients, allowing the company to respond quickly to market demands and optimize costs [6][10]. Group 3: Fundraising and Investment Plans - The funds raised will primarily be invested in the second phase of the Thailand soldering materials production base project, which is expected to generate significant economic benefits and strengthen customer relationships [10][21]. - The total investment for the project is estimated at 249.3 million yuan, with the company planning to raise 199 million yuan through this issuance [21]. - The issuance will not only support the company's long-term strategic goals but also enhance its financial strength and profitability [27][28]. Group 4: Financial Impact and Shareholder Considerations - The issuance is expected to dilute immediate returns for existing shareholders due to the increase in total shares, but it is anticipated to enhance the company's overall financial health in the long run [23][27]. - The company has outlined measures to mitigate the impact of share dilution on immediate returns, ensuring that the interests of all shareholders are protected [23][27]. - The issuance process has been approved by the board and shareholders, ensuring compliance with relevant regulations and maintaining transparency for all stakeholders [22][28].

Core Viewpoint - The company, Huaguang New Materials, is planning to issue shares to specific investors through a simplified procedure, which may dilute immediate returns for existing shareholders. The company has outlined measures to mitigate this dilution risk and has made commitments from relevant parties to ensure these measures are effectively implemented [1][2][12]. Financial Impact Analysis - Before the issuance, the total share capital of the company is 90,085,520 shares. The maximum amount to be raised through this issuance is capped at 199 million yuan. Post-issuance, the total share capital will increase, and while the net asset scale will also rise, the short-term economic benefits from the raised funds may lag, leading to a dilution of earnings per share [2][5]. - The company has provided three scenarios for the projected net profit for 2025 compared to 2024: a 10% increase, no change, and a 10% decrease. The diluted earnings per share under these scenarios are projected to be 0.92 yuan, 0.83 yuan, and 0.75 yuan respectively [5][6]. Measures to Mitigate Dilution Risk - The company plans to strengthen the management of raised funds to ensure compliance and effective use. This includes special storage of the funds and strict adherence to investment plans [10]. - The company aims to expedite the preparation and implementation of the fundraising investment projects to achieve expected benefits sooner, thereby enhancing its sustainable profitability [10]. - The governance structure will be improved to ensure that shareholders can exercise their rights effectively, and the board will make informed decisions to protect shareholder interests [10][11]. Commitment from Management - The company's board and senior management have made commitments to ensure the execution of measures to mitigate the dilution of immediate returns. They have pledged to adhere to relevant regulations and to compensate for any losses incurred due to non-compliance with these commitments [12].