证券代码：688722 证券简称：同益中 公告编号：2024-014 北京同益中新材料科技股份有限公司 2023 年年度 权益分派实施公告 本公司董事会及全体董事保证公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 重要内容提示： 每股现金红利 0.09 元（含税） 相关日期 | 股权登记日 | 除权（息）日 | 现金红利发放日 | | --- | --- | --- | | 2024/5/24 | 2024/5/27 | 2024/5/27 | 一、 通过分配方案的股东大会届次和日期 本次利润分配方案经公司 2024 年 4 月 29 日的 2023 年年度股东大会审议通 过。 二、 分配方案 截至股权登记日下午上海证券交易所收市后，在中国证券登记结算有限责任 公司上海分公司（以下简称"中国结算上海分公司"）登记在册的本公司全体股东。 3. 分配方案： 本次利润分配以方案实施前的公司总股本 224,666,700 股为基数，每股派发现 公司存在首发战略配售股份，首发战略配售股份已全部上市流通 是否涉及差异化分红送转：否 每股分配比例 1. 发放年度： ...

证券代码：688722 证券简称：同益中 公告编号：2024-013 北京同益中新材料科技股份有限公司 关于参加国投集团沪市控股上市公司集体路演 的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 会议召开方式：上证路演中心视频直播和网络互动 投资者可于 2024 年 5 月 9 日(星期四)至 5 月 15 日(星期三)16:00 前通过 公司邮箱 tyz@bjtyz.com 进行提问。公司将在本次交流活动中对投资者普遍关 注的问题进行回答。 北京同益中新材料科技股份有限公司（以下简称"公司"）的实际控制人国 家开发投资集团有限公司（简称"国投集团"）将举办"'国之重任 以诚相投' --国投集团沪市控股上市公司集体路演"（以下简称"本次交流活动"），旨在加 强与投资者沟通，推进上市公司高质量发展，让投资者"走得近、听得懂、看 得清、有信心"。现将有关事项公告如下： 一、 活动类型 本次交流活动以视频结合网络互动召开，公司将针对公司发展情况、经营 成果等与投资者进行互动交流和沟通，在信息披露允许的范围内就投 ...

2024 年第一季度报告 证券代码：688722 证券简称：同益中 北京同益中新材料科技股份有限公司 2024 年第一季度报告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 重要内容提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整，不存 在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）保证季度报告中财务信息 的真实、准确、完整。 第一季度财务报表是否经审计 □是 √否 一、 主要财务数据 (一)主要会计数据和财务指标 单位：元 币种：人民币 | 项目 | 本报告期 | 本报告期比上年 | 同期增减变动幅 | | --- | --- | --- | --- | | | | | 度(%) | | 营业收入 | | 111,499,399.27 | -53.41 | | 归属于上市公司股东的净利润 | | 17,546,549.49 | -67.43 | | 归属于上市公司股东的扣除非 经常性损益的净利润 | | ...

北京同益中新材料科技股份有限公司 信息披露管理制度 第一章 总 则 第一条 为加强对北京同益中新材料科技股份有限公 司（以下简称"公司"）信息披露工作管理，规范公司的信 息披露行为，保证公司真实、准确、完整地披露信息，保护 公司、股东、债权人及其他利益相关人的合法权益，根据《中 华人民共和国公司法》《中华人民共和国证券法》《上市公 司信息披露管理办法》（以下简称"《信息披露管理办法》"） 《上海证券交易所科创板股票上市规则》（以下简称"《上 市规则》"）等法律、行政法规、部门规章及其他有关规定， 结合《北京同益中新材料科技股份有限公司章程》（以下简 称 "《公司章程》"）及公司实际情况，制定本制度。 行政法规、部门规章及其他有关规定，履行信息披露义务。 披露的信息应当真实、准确、完整，简明清晰、通俗易懂， 不得有虚假记载、误导性陈述或者重大遗漏。 第四条 信息披露义务人披露的信息应当同时向所有 投资者披露，不得提前向任何单位和个人泄露。但是，法律、 行政法规另有规定的除外。证券及其衍生品种同时在境内境 外公开发行、交易的，其信息披露义务人在境外市场披露的 信息，应当同时在境内市场披露。 第二条 本制度所称信息 ...

证券代码：688722 股票简称：同益中 公告编号：2024-011 北京同益中新材料科技股份有限公司 第二届监事会第十六次会议决议公告 本公司监事会及全体监事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 一、监事会会议召开情况 北京同益中新材料科技股份有限公司（以下简称"公司"）第二届监事会 第十六次会议于2024年4月24日以通讯会议方式召开。本次会议应出席的监事3 人，实际出席会议的监事3人。本次会议的召集、召开和表决情况符合《中华人 民共和国公司法》以及《北京同益中新材料科技股份有限公司章程》（以下简 称"《公司章程》"）的相关规定。 二、监事会会议审议情况 （一）审议通过《关于公司2024年第一季度报告的议案》 经审核，监事会认为：董事会编制和审核公司2024年第一季度报告的程序 符合法律、行政法规及中国证监会的规定，报告内容真实、准确、完整地反映 了公司的实际情况，不存在任何虚假记载、误导性陈述或者重大遗漏。 表决结果：3票同意；0票反对；0票弃权。 具体内容详见公司于同日在上海证券交易所网站（www.sse.com.cn）披露 ...

2023 年度持续督导跟踪报告 华泰联合证券有限责任公司 关于北京同益中新材料科技股份有限公司 2023 年度持续督导跟踪报告 根据《证券法》《证券发行上市保荐业务管理办法》和《上海证券交易所科 创板股票上市规则》等有关法律、法规的规定，华泰联合证券有限责任公司（以 下简称"华泰联合证券"或"保荐机构"）作为北京同益中新材料科技股份有限 公司（以下简称"同益中""公司""上市公司"）首次公开发行股票并在科创板 上市的联合保荐机构，负责同益中发行上市后的持续督导工作。2023 年度持续 督导跟踪情况报告如下： 2023 年度持续督导跟踪报告 | | 市场传闻进行核查。经核查后发现上市公司存 | 查，同益中不存在应披露未披露的 | | --- | --- | --- | | | 在应披露未披露的重大事项或与披露的信息与 | 重大事项或与披露的信息与事实 | | | 事实不符的，及时督促上市公司如实披露或予 | 不符的情况。 | | | 以澄清；上市公司不予披露或澄清的，应及时 | | | | 向上海证券交易所报告 发现以下情形之一的，督促上市公司做出说明 | | | | 涉嫌违反《上市规则》等相关业务规则；（二） ...

国投证券股份有限公司 关于北京同益中新材料科技股份有限公司 2023 年度持续督导跟踪报告 根据《证券法》《证券发行上市保荐业务管理办法》和《上海证券交易所科 创板股票上市规则》等有关法律、法规的规定，国投证券股份有限公司（以下简 称"国投证券"或"保荐机构"）作为北京同益中新材料科技股份有限公司（以 下简称"同益中""公司""上市公司"）首次公开发行股票并在科创板上市的联 合保荐机构，负责同益中发行上市后的持续督导工作。2023 年度持续督导跟踪 情况报告如下： 一、持续督导跟踪工作情况 | 序号 | 工作内容 | 持续督导情况 | | --- | --- | --- | | | 建立健全并有效执行持续督导工作制度，并针 对具体的持续督导工作制定相应的工作计划 | 保荐机构已建立健全并有效执行 了持续督导工作制度，并制定了相 | | 1 | | | | | | 应的工作计划。 | | 2 | 根据中国证监会相关规定，在持续督导工作开 | 保荐机构已与同益中签订保荐协 | | | 始前，与上市公司或相关当事人签署持续督导 | 议，协议已明确双方在持续督导期 | | | 协议，明确双方在持续督导期间的权利义务， ...

证券代码：688722 证券简称：同益中 北京同益中新材料科技股份有限公司 2023 年年度股东大会会议资料 二〇二四年四月 五、股东及股东代理人要求在股东大会现场会议上发言的，应在签到时向 会议工作人员进行登记，由会议主持人统筹安排发言。现场要求提问的股东及 股东代理人，应当按照会议的议程举手示意，经会议主持人许可后方可提问。 有多名股东及股东代理人同时要求提问时，先举手者先提问；不能确定先后 时，由主持人指定提问者。 会议进行中只接受股东及股东代理人发言或提问。发言或提问时需说明股 东名称及所持股份总数。发言或提问应围绕本次会议议题进行，简明扼要，每 次发言时间不超过 5 分钟，每位股东及股东代理人发言或提问次数不超过 2 次。 股东及股东代理人要求发言或提问时，不得打断会议报告人的报告或其他 | | | | 2023 年年度股东大会会议须知 1 | | --- | | 2023 年年度股东大会会议议程 3 | | 议案一 5 | | 议案二 6 | | 议案三 10 | | 议案四 14 | | 议案五 20 | | 议案六 21 | | 议案七 23 | | 议案八 24 | | 议案九 25 | | ...

Investment Rating - The report maintains an "Outperform the Market" rating for the company [27][14]. Core Insights - The company is expanding its production capacity, which is expected to contribute to future growth. Current UHMWPE fiber capacity is 5,320 tons, with an additional 3,240 tons under construction, expected to be completed by mid-2024 [3][12]. - The company achieved significant growth in UHMWPE fiber production and sales, with a year-on-year increase of 42.95% and 42.12%, respectively [13]. - The financial forecast indicates stable revenue growth, with projected revenues of 640 million yuan in 2023, increasing to 974 million yuan by 2026 [30][32]. Summary by Sections Production Capacity and Expansion - The company has a current UHMWPE fiber capacity of 5,320 tons and is constructing an additional 3,240 tons, with completion expected in 2024 [3]. - The company also has a current capacity of 1,550 tons for composite materials, with an additional 625 tons under construction [3]. Financial Performance - In 2023, the company reported total revenue of 640 million yuan, a year-on-year increase of 3.89%, and a net profit of 154 million yuan, a decrease of 10.36% [30]. - The projected earnings per share (EPS) for 2024-2026 are 0.81, 1.00, and 1.04 yuan, respectively [14]. Profitability and Valuation - The report forecasts a gross margin of 38.7% for 2023, slightly improving to 38.9% by 2026 [7][30]. - The estimated price-to-earnings (P/E) ratio for 2024 is projected to be between 18-20 times, suggesting a reasonable value range of 14.58-16.20 yuan [14].

Dividend Distribution - The company plans to distribute a cash dividend of RMB 0.90 per 10 shares, totaling RMB 20,220,003.00, representing 13.16% of the net profit attributable to shareholders in 2023[6] - The company's cash dividend distribution plan is subject to approval at the 2023 Annual General Meeting of Shareholders[6] - The company's distributable profit as of December 31, 2023, was RMB 306,886,477.36[185] - The company plans to distribute a cash dividend of RMB 0.90 per 10 shares, totaling RMB 20,220,003.00, which represents 13.16% of the net profit attributable to the parent company's shareholders[185][189] - The cash dividend ratio for 2023 is below 30% due to the company's development phase, expanding projects, and significant capital needs[185] Share Capital and Stock Information - The total share capital of the company as of December 31, 2023, is 224,666,700 shares[6] - The company's stock is listed on the Shanghai Stock Exchange under the stock code 688722[19] - The company's total share capital as of December 31, 2023, was 224,666,700 shares[185] Company Address and Contact Information - The company's registered address is at No. 16 Zhonghe Street, Beijing Economic-Technological Development Area, Beijing[16] - The company's office address is at No. 17 Jingsheng South Second Street, Majuqiao Town, Tongzhou District, Beijing[16] - The company's website is www.bjtyz.com, and the email address is tyz@bjtyz.com[16] Financial Performance - Revenue in 2023 reached 6,403.244 million yuan, a year-on-year increase of 3.89%[23] - Net profit attributable to shareholders of the listed company in 2023 was 1,536.239 million yuan, a year-on-year decrease of 10.36%[23] - Net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses in 2023 was 1,448.875 million yuan, a year-on-year decrease of 2.04%[23] - Net cash flow from operating activities in 2023 was 512.795 million yuan, a year-on-year decrease of 78.09%[23] - Total assets at the end of 2023 were 14,528.665 million yuan, a year-on-year decrease of 2.57%[23] - Revenue in Q1 2023 was 2,393.440 million yuan, with net profit attributable to shareholders of 538.707 million yuan[26] - Revenue in Q4 2023 was 1,215.184 million yuan, with net profit attributable to shareholders of 211.168 million yuan[26] - Revenue for the reporting period was 640.3244 million RMB, a year-on-year increase of 3.89%, while net profit attributable to the parent company decreased by 10.36% to 153.6239 million RMB[84] - Revenue for the period reached 640.32 million yuan, a year-on-year increase of 3.89%[85] - Operating costs increased to 392.63 million yuan, up 5.95% compared to the same period last year[85] - R&D expenses rose significantly to 38.61 million yuan, a 26.87% increase year-on-year[85] - Net cash flow from operating activities decreased by 78.09% to 51.28 million yuan[85] - Main business revenue from UHMWPE fiber grew by 27.57% to 327.56 million yuan[89] - Composite materials revenue declined by 17.46% to 283.39 million yuan[89] - Domestic sales accounted for 291.67 million yuan, a 9.97% increase year-on-year[89] - Overseas sales decreased by 4.66% to 319.27 million yuan[89] - Top five customers contributed 147.39 million yuan, representing 23.02% of total sales[94] - Top five suppliers accounted for 231.27 million yuan, making up 32.29% of total procurement[95] - Top 5 customers accounted for 23.02% of total annual sales, with A company contributing the highest at 6.87% (RMB 4,399.85 million)[97] - Top 5 suppliers accounted for 32.29% of total procurement, with H company contributing the highest at 8.41% (RMB 6,020.80 million)[98] - Cash and cash equivalents decreased by 37.35% to RMB 45,642.13 million, mainly due to infrastructure project investments and profit distribution[101] - Accounts receivable increased by 94.30% to RMB 1,487.57 million, driven by expanded sales in subsidiary companies[101] - Inventory increased by 48.35% to RMB 19,795.43 million, mainly due to increased production reserves and semi-finished products[102] - Construction in progress surged by 786.09% to RMB 18,648.01 million, reflecting ongoing infrastructure project investments[102] - Short-term borrowings increased by 693.06% to RMB 2,384.40 million, primarily due to changes in bank loans[102] - Contract liabilities decreased by 75.15% to RMB 2,608.96 million, as prepaid sales orders were fulfilled[102] - Restricted assets totaled RMB 92,730.21 million, including cash, fixed assets, and intangible assets pledged for loans[104] - Deferred tax liabilities decreased by 41.41% to RMB 558.78 million, due to adjustments in subsidiary tax benefits[103] R&D and Innovation - R&D investment accounted for 6.03% of revenue in 2023, an increase of 1.09 percentage points compared to 2022[25] - The company obtained 10 national authorized patents in 2023, including 3 invention patents and 7 utility model patents[34] - The company successfully developed new wear-resistant coated fibers and ultra-low creep fibers, and achieved breakthroughs in ultra-high-strength fibers, anti-creep fibers, and high-wear-resistant fibers[34] - The company developed a new generation of soft and hard non-woven fabric products, with technical levels leading domestically[34] - The company explored automatic orthogonal processes for non-woven fabrics and new efficient layering processes for ballistic helmets, improving production efficiency[34] - The company's R&D model combines forward-looking R&D and application-oriented R&D, tracking industry trends and customer needs to preempt market opportunities[43] - The company has 3 provincial and ministerial-level technological innovation platforms and has achieved 10 authorized patents in the reporting period, including 3 invention patents and 7 utility model patents[50] - The company has accumulated 109 domestic and international patents, including 59 invention patents, and has presided over or participated in the formulation of 13 national, industry, or group standards[50] - The company's new generation of soft and hard non-woven fabric products have improved performance by over 10%[56] - The company's R&D investment in 2023 increased by 26.87% to 38,612,954.61 yuan, accounting for 6.03% of total revenue, up 1.09 percentage points from the previous year[63] - The company added 10 new authorized patents in 2023, including 3 invention patents and 7 utility model patents, bringing the total number of patents to 95[60][61] - The company developed a new bulletproof and stab-resistant material with excellent performance, which has been well-received by downstream customers[57] - The company's UHMWPE fiber products have achieved a single filament fineness of 0.95D, significantly improving physical properties and expanding application scenarios[57] - The company's UHMWPE fiber products have been certified by ISO9001 and recognized as high-tech products by the Yancheng Science and Technology Bureau[57] - The company's UHMWPE fiber products have a strength of ≥40cN/dtex (approximately 45.3g/D), significantly improving the impact resistance and energy absorption capacity of bulletproof products[57] - The company's UHMWPE fiber products have been recognized as high-tech products and included in the "Beijing Key New Materials First Application Demonstration Guidance Catalog (2022 Edition)"[57] - The company invested a total of 69.8 million yuan in R&D projects, with a cumulative investment of 59.45 million yuan, covering areas such as military barracks, road and bridge construction, and advanced fiber production[67] - The military barracks project achieved a seismic fortification intensity of 8 degrees, meeting the GA141-2010 Level 3 standard, with a total investment of 2 million yuan[65] - The road and bridge construction project developed short-cut fibers for use in bridge and road construction, with a total investment of 4.2 million yuan[65] - The UHMWPE fiber intelligent manufacturing project achieved a production capacity and stability improvement, with a total investment of 5.06 million yuan[65] - The fiber inspection and packaging automation project improved accuracy and efficiency, with a total investment of 2.1 million yuan[65] - The gas recycling and utilization project achieved energy-saving and emission-reduction effects, with a total investment of 9.06 million yuan[65] - The lightweight and soft bulletproof material project developed a new bulletproof and stab-resistant composite material, with a total investment of 3.4 million yuan[65] - The ceramic composite board project improved production efficiency and stability, with a total investment of 3.18 million yuan[65] - The continuous non-woven fabric automation project enhanced the automation and digitalization level, with a total investment of 5.17 million yuan[66] - The high-strength polyethylene fiber project developed low-cost medium-high strength UHMWPE fiber, with a total investment of 4 million yuan[66] - The number of R&D personnel increased by 52.56% to 119 compared to the previous year, driven by the acquisition of subsidiary Youhebo and increased focus on R&D investment and innovation[71] - R&D personnel accounted for 12.96% of the total workforce, up from 8.41% in the previous year[70] - Total R&D personnel compensation was 15.8718 million RMB, with an average salary of 133,400 RMB per person, down from 196,400 RMB in the previous year[70] - The company holds 109 patents, including 59 invention patents, and has participated in the formulation of 13 national, industry, or group standards[73] - The company has developed 14 core technologies related to ultra-high molecular weight polyethylene fiber and its composites, enhancing its competitive edge[73] - The company's product portfolio includes ultra-high molecular weight polyethylene fibers ranging from 5D to 6000D, as well as specialized products like bulletproof fibers and high-wear-resistant fibers[74] - The company's high-performance fiber and advanced composite materials technology research center had a book value of RMB 3.3141 million at the end of the reporting period, up from RMB 2.5487 million at the beginning[134] - The annual production of 3,000 tons of high-strength fiber project had a book value of RMB 35.7433 million at the end of the reporting period, compared to RMB 1.3514 million at the beginning[134] - The company's subsidiary, Yancheng Youhe Boxin Materials Co., Ltd., is engaged in the R&D, manufacturing, and sales of high-performance fibers and composite materials, with a registered capital of RMB 200 million[136] - The company's strategic focus includes expanding applications of ultra-high molecular weight polyethylene fiber in military equipment, safety protection, and emerging civilian markets such as deep-sea aquaculture and transportation[142][143] - The company's total investment in construction projects at the end of the reporting period was RMB 185.5545 million, compared to RMB 18.1797 million at the beginning of the period[134] - Focus on technological innovation and application, continuously increase R&D investment, and accelerate the transformation of technological achievements[145] - Enhance market share by focusing on both international and domestic markets, and improve the performance of ultra-high molecular weight polyethylene fiber and its composites[145] - Expand the layout in the field of new materials and build a "3+X" future fiber industry system with "FIBER+composite" as the core[145] - Accelerate the construction of fundraising projects and the expansion of subsidiary Youhebo projects to increase production capacity[147] - Strengthen resource mergers and acquisitions to integrate high-quality targets in the field of high molecular new materials[147] - Increase R&D and technological innovation efforts, aiming at future military and police equipment needs[147] - Adjust market layout to increase market share in both civilian and military markets[148] - Optimize the information disclosure system and strengthen investor relations management to improve market value maintenance[148] - Establish and improve a compliance system to enhance internal control and risk management[148] Industry and Market Position - The global demand for ultra-high molecular weight polyethylene fiber (UHMWPE) is growing rapidly, with domestic production capacity in China accounting for about half of the global total[110] - The company is a leading domestic enterprise in the R&D, production, and sales of UHMWPE fiber and its composites, and is one of the first companies to master the full set of UHMWPE fiber production technology and achieve industrialization[111] - The company has a full industry chain layout in the UHMWPE fiber sector, with product performance reaching international standards, and its production and export volumes rank among the top in the domestic industry[113] - The company has formulated the first product industry standard in the segment and participated in the formulation of multiple national or industry standards, earning awards such as the National Science and Technology Progress Award and the China Patent Excellence Award[112] - The company's "ultra-high-strength UHMWPE fiber" product was included in the "Central Enterprise Science and Technology Innovation Achievements Recommendation Catalog (2022 Edition)"[112] - The company's "next-generation UHMWPE fiber and its bulletproof composite materials" product won the "SAMPE China 2022 Composite Product Innovation Award"[113] - The UHMWPE fiber industry is in a rapid growth phase, with a focus on improving production efficiency and reducing costs[111] - The company is a member of the China Chemical Fiber Association and holds leadership positions in related industry organizations[111] - The industry faces challenges in improving product stability, single-line production capacity, and reducing production costs[111] - The company's products are widely used in both military and civilian fields, with expanding market applications[111] - The company has developed a new generation of DOYENTRONTEX® high-cut-resistant fiber products, with a cut resistance level reaching international standards, and has expanded its colored fiber product line to over 20 types[116] - The company has successfully developed a new generation of lightweight hard ballistic non-woven fabric products, meeting NIJⅢ level requirements, and NIJIII+ level flexible alumina ceramic composite panels, enhancing comfort and flexibility[116] - The company has improved the performance of ultra-high molecular weight polyethylene fiber, with a breaking strength of not less than 42.5cN/dtex, and achieved a 15% reduction in the weight of ballistic products[116] - The company has increased the annual design capacity of non-woven fabric by 750 tons and the fiber design capacity by 1,000 tons through the completion of the ballistic non-woven fabric industrialization project[120] - The company's UHMWPE fiber production capacity utilization rate is 111.43%, with a total design capacity of 5,320 tons and an additional 3,240 tons under construction, expected to be completed by June 30, 2024[121] - The company's non-woven fabric production capacity utilization rate is 78.27%, with a total design capacity of 1,550 tons and an additional 625 tons under construction, expected to be completed by June 30, 2024[121] - The company's main raw material, ultra-high powder, saw a price decrease of 4.94%, leading to a reduction in operating costs and an impact on gross margin[122] - The company's electricity consumption decreased by 1.44%, while natural gas consumption increased by 2.49%, with energy price fluctuations having a relatively small impact on operating costs[123] - The company's revenue from the new materials manufacturing sector was 610.9479 million yuan, with a gross margin of 38.67%, representing a year-on-year increase of 1.81% in revenue and a decrease of 1.64% in gross margin[127] - The company invested a total of 179.67 million yuan in external equity investments, primarily in the acquisition of a 70% stake in Yancheng Youhebo New Materials Co., Ltd., with all investment payments completed by the end of the reporting period[132] - The company's construction-in-progress balance at the end of the reporting period was RMB 185.5545 million, with key projects including the industrialization project of bulletproof non-woven fabric and products (RMB 8.7861 million), the high-performance fiber and advanced composite materials technology research center (RMB 3.3141 million), and the second phase of the annual production of 4,060 tons of ultra-high molecular weight polyethylene fiber industrialization project (RMB 136.743 million)[134] - The company invested RMB 179.67 million in Yancheng Youhe Boxin Materials Co., Ltd., acquiring a 70% stake, with the investment completed as of the balance sheet date[133] - Yancheng Youhe Boxin Materials Co., Ltd., a subsidiary, reported total assets of RMB 281.9995 million, revenue of RMB 81.289 million, and net profit of RMB 12.5852 million from the acquisition date to the balance sheet date[136] - The global ultra-high molecular weight polyethylene fiber market is projected to grow at a CAGR of 7.4% from 2022 to 2025, with demand expected to reach 200,000 tons by 2030[139] - The company aims to become a global leader in ultra-high molecular weight polyethylene fiber, focusing on military equipment, aerospace, marine industries, and safety protection, driven by technological innovation and internationalization[144] Environmental and Social Responsibility - The company invested RMB 567,370 in environmental protection during the reporting period[197] - The company adheres to environmental protection laws and regulations, with no environmental pollution incidents or penalties reported[195][199] - The company has increased investment in pollution control, optimized processes and equipment, and introduced new environmental protection equipment as needed[200] - Exhaust gases are uniformly sent to the gas recovery unit for recycling and reuse[200] - The company has completed low-nitrogen transformation of gas boilers, achieving high-standard emission requirements[200] - Wastewater is