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： 本次会议是否有被否决议案：无 一、 会议召开和出席情况 （一） 股东大会召开的时间：2025 年 3 月 17 日 （二） 股东大会召开的地点：北京市通州区马驹桥镇景盛南二街 17 号 （三） 出席会议的普通股股东、特别表决权股东、恢复表决权的优先股股东及 其持有表决权数量的情况： | 1、出席会议的股东和代理人人数 | 18 | | --- | --- | | 普通股股东人数 | 18 | | 2、出席会议的股东所持有的表决权数量 | 112,753,026 | | 普通股股东所持有表决权数量 | 112,753,026 | | 3、出席会议的股东所持有表决权数量占公司表决权数量的比 | 50.1867 | | 例（%） | | | 普通股股东所持有表决权数量占公司表决权数量的比例（%） | 50.1867 | 证券代码：688722 证券简称：同益中 公告编号：2025-011 北京同益中新材料科技股份有限公司 2025 年第一次临时股东大会决议公告 3、 ...

二、监事会会议审议情况 （一）审议通过《关于选举第三届监事会主席的议案》。 公司监事一致同意选举杨雪担任公司第三届监事会主席，任期自第三届监 事会第一次会议审议通过之日起至第三届监事会任期届满之日止。 证券代码：688722 股票简称：同益中 公告编号：2025-008 北京同益中新材料科技股份有限公司 第三届监事会第一次会议决议公告 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"）第三届监事会 第一次会议于2025年3月17日以现场会议方式召开。本次会议通知于同日召开 2025年第一次临时股东大会后以书面方式送达公司全体监事，全体监事一致同 意豁免本次监事会会议的通知时限，与会监事均已知悉与所议事项相关的必要 信息。经全体监事共同推举，本次会议由监事杨雪主持,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》的相关 规定。 表决结果：3票同意 ...

第三届董事会第一次会议决议公告 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、准确性和完整性依法承担法律责任。 一、董事会会议召开情况 证券代码：688722 股票简称：同益中 公告编号：2025-010 北京同益中新材料科技股份有限公司 北京同益中新材料科技股份有限公司（以下简称"公司"）第三届董事会 第一次会议（以下简称"本次会议"）于2025年3月17日以现场结合通讯会议方 式召开。本次会议通知于同日召开2025年第一次临时股东大会后送达公司全体 董事，全体董事一致同意豁免本次会议的通知时限要求，与会董事均已知悉与 所议事项相关的必要信息。经全体董事共同推举，本次会议由董事黄兴良主持, 本次会议应出席的董事9人，实际出席的董事9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》（以下简称"《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、董事会会议审议情况 （一）审议通过《关于选举第三届董事会董事长的议案》。 公司董事会同意选举黄兴良担任公司第三届董事会董事长，任期自公司第 三 ...

Investment Rating - The report assigns a "Buy" rating for the company, indicating an expected relative increase of over 15% compared to the CSI 300 index in the next six months [4][16]. Core Views - The company's performance is driven by capacity release and structural optimization, leading to a recovery in earnings, with Q4 2024 net profit showing a significant year-on-year increase of 130.5% [5][7]. - The company achieved a revenue of 649 million yuan in 2024, a year-on-year growth of 1.4%, while the net profit for the same year was 136 million yuan, reflecting a decline of 15.3% [4][5]. - The acquisition of Chaomeisi for 240 million yuan is expected to enhance the company's capabilities in emerging fields such as low-altitude economy and humanoid robotics [6][7]. Financial Summary - The company’s annual production capacity for UHMWPE fibers reached 8,560 tons by the end of 2024, with a utilization rate of 111.43%, while composite material capacity increased to 2,175 tons with a utilization rate of 78.27% [5]. - Revenue projections for 2024-2026 are 649 million yuan, 984 million yuan, and 1,250 million yuan, respectively, with corresponding net profits of 136 million yuan, 195 million yuan, and 224 million yuan [9][12]. - The expected EPS for 2024, 2025, and 2026 are 0.60 yuan, 0.87 yuan, and 1.00 yuan, respectively, with a projected PE ratio decreasing from 27.41 in 2024 to 16.61 in 2026 [9][12].

Investment Rating - The report maintains a "Buy" rating for the company [1][4][7] Core Views - The company's performance recovery is driven by capacity release and structural optimization, with Q4 2024 earnings exceeding expectations [5][6] - The company achieved a revenue of 649 million yuan in 2024, a year-on-year increase of 1.4%, while the net profit attributable to shareholders was 136 million yuan, a decline of 15.3% [4][5] - In Q4 2024, the company reported a net profit of 49 million yuan, a significant year-on-year growth of 130.5% [4][5] Summary by Sections Company Performance - By the end of 2024, the company's UHMWPE fiber annual production capacity reached 8,560 tons, with a utilization rate of 111.43%, and composite material capacity increased to 2,175 tons, with a utilization rate of 78.27% [5] - The company effectively mitigated the downward pressure on fiber prices by exiting high-cost old production capacity and improving production efficiency, maintaining stable gross margins in its main business [5] Mergers and Acquisitions - The acquisition of Chaomeisi for 240 million yuan for a 75.8% stake is expected to help the company expand into low-altitude economy and humanoid robotics sectors [6] - Chaomeisi has an annual production capacity of 5,000 tons of aramid fiber and 2,000 tons of aramid paper, serving major clients such as Airbus and AVIC [6] Financial Forecast - The company is projected to have earnings per share (EPS) of 0.60 yuan, 0.87 yuan, and 1.00 yuan for the years 2024, 2025, and 2026 respectively [7][9] - Revenue is expected to grow significantly, with projections of 984 million yuan in 2025 and 1,250 million yuan in 2026, reflecting growth rates of 51.49% and 27.07% respectively [9][12]

Investment Rating - The investment rating for the company is "Outperform the Market" [5][19]. Core Views - The company reported a 130% year-on-year increase in net profit attributable to shareholders in the fourth quarter, exceeding expectations for 2024 [1][7]. - The company is benefiting from new production capacity and cost reduction efforts, which are expected to drive revenue growth despite industry challenges [2][8]. - The acquisition of a leading aramid fiber company, ChaoMeiSi, aims to enhance the company's high-performance fiber industry system and improve product value [3][9]. Financial Performance Summary - For 2024, the company expects total revenue of 649 million yuan, a 1.4% increase year-on-year, and a net profit of 130 million yuan, a 15.5% decrease year-on-year [4][10]. - The fourth quarter revenue reached 220 million yuan, representing an 82.5% year-on-year increase, while net profit for the quarter was 50 million yuan, up 130.5% year-on-year [1][7]. - The company anticipates a recovery in industry demand and profitability in the second half of 2024, driven by new capacity and improved market conditions [2][8]. Production Capacity and Growth - The company has a current production capacity of 7,960 tons/year for ultra-high molecular weight polyethylene fibers and 2,800 tons/year for non-woven fabrics [2][8]. - New production capacity of 2,640 tons/year for ultra-high molecular weight polyethylene fibers and 1,250 tons/year for non-woven fabrics is expected to come online in 2024 [2][8]. - The company aims to achieve record sales volumes for both fibers and non-woven fabrics in 2024 [2][8]. Acquisition and Strategic Development - The company completed the acquisition of ChaoMeiSi for 240 million yuan, which will enhance its capabilities in the aramid fiber market [3][9]. - The integration of ChaoMeiSi is expected to create synergies in production technology and downstream applications, strengthening the company's overall solution offerings in protective materials [3][9]. Earnings Forecast - The company forecasts net profits of 130 million yuan in 2024, 190 million yuan in 2025, and 219 million yuan in 2026, with corresponding growth rates of -15.5%, 46.4%, and 15.5% respectively [4][10][12]. - The expected diluted EPS for the same period is projected to be 0.58 yuan, 0.85 yuan, and 0.98 yuan, with PE ratios of 27.1, 18.5, and 16.0 [4][10][12].

Investment Rating - The investment rating for the company is "Outperform the Market" [5][19]. Core Views - The company reported a 130% year-on-year increase in net profit attributable to shareholders in the fourth quarter, exceeding expectations for 2024 [1][7]. - The company is benefiting from new production capacity and cost reduction efforts, which are expected to drive revenue growth despite industry challenges [2][8]. - The acquisition of a leading aramid fiber company, ChaoMeiSi, aims to enhance the company's high-performance fiber industry system and improve product value [3][9]. Financial Performance - In 2024, the company achieved total revenue of 650 million yuan, a year-on-year increase of 1.4%, while net profit attributable to shareholders was 130 million yuan, a decrease of 15.3% [1][7]. - The fourth quarter alone saw revenue of 220 million yuan, up 82.5% year-on-year, and net profit of 50 million yuan, up 130.5% year-on-year [1][7]. - The company expects net profits for 2024-2026 to be 130 million, 190 million, and 220 million yuan, respectively, with corresponding growth rates of -15.5%, 46.4%, and 15.5% [3][10]. Production Capacity and Cost Efficiency - The company has a total production capacity of 7,960 tons/year for ultra-high molecular weight polyethylene fibers and 2,800 tons/year for non-woven fabrics and related bulletproof products [2][8]. - In 2024, the company plans to add 2,640 tons/year of ultra-high molecular weight polyethylene fiber capacity and 1,250 tons/year of non-woven fabric capacity [2][8]. - The company is actively phasing out high-cost old production capacity while benefiting from the release of new capacity, which is expected to lead to record sales volumes in 2024 [2][8]. Strategic Acquisition - The company announced the acquisition of 75.8% of ChaoMeiSi for 240 million yuan, which was completed by the end of January 2025 [3][9]. - ChaoMeiSi is a leader in the meta-aramid fiber industry with a production capacity of 5,000 tons/year, which will complement the company's existing product offerings [3][9]. - This acquisition is expected to enhance the company's overall solution capabilities in the protective field and improve cost efficiency [3][9].

Investment Rating - The report maintains a "Buy-A" rating for the company [1][7]. Core Views - The company achieved record high production and sales of fibers and non-woven fabrics in 2024Q4, leading to a significant improvement in profitability [4]. - The company’s total revenue for 2024 reached 649 million yuan, a year-on-year increase of 1.41%, while net profit attributable to shareholders was 130 million yuan, down 15.25% year-on-year [3]. - The company’s gross profit margin remains high, with a notable increase in profitability in the fourth quarter of 2024 due to enhanced core competitiveness and cost reductions [4]. Financial Performance Summary - In 2024Q4, the company reported total revenue of 222 million yuan, with a quarter-on-quarter increase of 82.46% and a year-on-year increase of 28.04% [3]. - The net profit margin for 2024Q4 was approximately 21.96%, reflecting a year-on-year increase of 4.59 percentage points [4]. - The company’s EPS for 2024 is projected to be 0.58 yuan, with expected EPS of 0.88 yuan and 1.19 yuan for 2025 and 2026, respectively [6][7]. Market and Production Capacity - The company’s production capacity for UHMWPE fibers and non-woven fabrics reached 5320 tons and 1550 tons, respectively, with a total capacity increase of 2640 tons compared to the beginning of the year [5]. - The global high-performance fiber market is projected to grow from 1319.17 billion yuan in 2023 to 2389.83 billion yuan by 2029, with a CAGR of 10.41% [5]. Future Outlook - The company is expected to benefit from the release of new production capacity and a rebound in high-margin composite orders, leading to anticipated revenue growth [7]. - The projected P/E ratios for 2024-2026 are 27, 18, and 13 times, respectively, indicating a favorable valuation outlook as the company’s performance improves [6][7].

Investment Rating - The report maintains a "Buy-A" rating for the company [1][7]. Core Views - The company achieved record high production and sales of fiber and non-woven fabrics, leading to a significant increase in profitability in Q4 2024 [3][4]. - The company reported total revenue of 649 million yuan for 2024, a year-on-year increase of 1.41%, while net profit attributable to shareholders was 130 million yuan, down 15.25% year-on-year [3][4]. - The company’s Q4 2024 revenue reached 222 million yuan, with a quarter-on-quarter increase of 82.46% and a year-on-year increase of 28.04% [3][4]. Financial Performance - The company’s gross profit margin remained high, with a slight year-on-year increase in the main business gross profit [4]. - The estimated net profit margin for Q4 2024 was approximately 21.96%, reflecting a significant improvement [4]. - The company’s EPS for 2024-2026 is projected to be 0.58, 0.88, and 1.19 yuan, respectively, with corresponding P/E ratios of 27, 18, and 13 times [6][7]. Market Position and Growth Potential - The company has increased its production capacity, with UHMWPE fiber and non-woven fabric capacities reaching 5,320 tons and 1,550 tons, respectively, by the end of 2023 [5]. - The global high-performance fiber market is expected to grow from 131.9 billion yuan in 2023 to 238.9 billion yuan by 2029, with a CAGR of 10.41% [5]. - The company is actively engaging in the robotics sector, aiming to leverage its high-performance fiber products in emerging applications [5].

北京同益中新材料科技股份有限公司 独立董事候选人声明与承诺 本人李化毅，已充分了解并同意由北京同益中新材料科 技股份有限公司董事会提名为北京同益中新材料科技股份 有限公司第三届董事会独立董事候选人。本人公开声明，本 人具备独立董事任职资格，保证不存在任何影响本人担任北 京同益中新材料科技股份有限公司独立董事独立性的关系， 具体声明并承诺如下： 一、本人具备上市公司运作的基本知识，熟悉相关法律、 行政法规、部门规章及其他规范性文件，具有五年以上法律、 经济会计、财务、管理等履行独立董事职责所必需的工作经 验。 二、本人任职资格符合下列法律、行政法规和部门规章 以及公司规章的要求： （一）《中华人民共和国公司法》等关于董事任职资格的 规定； （二）《中华人民共和国公务员法》关于公务员兼任职务 的规定（如适用）； （三）中国证监会《上市公司独立董事管理办法》和上 海证券交易所自律监管规则有关独立董事任职资格和条件 的相关规定； （四）中共中央纪委、中共中央组织部《关于规范中管 1 干部辞去公职或者退（离）休后担任上市公司、基金管理公 司独立董事、独立监事的通知》的规定（如适用）； （五）中共中央组织部《关于进一步规 ...