证券代码：873576 证券简称：天力复合 公告编号：2024-017 西安天力金属复合材料股份有限公司 2023 年年度权益分派预案暨落实"提质守信重回报"行动 公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 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个别及连 带法律责任。 一、权益分派预案情况 根据公司 2024 年 3 月 29 日披露的 2023 年年度报告（财务报告已经审计）， 截至 2023 年 12 月 31 日，上市公司合并报表归属于母公司的未分配利润为 94,166,925.55 元，母公司未分配利润为 90,789,631.26 元。 公司本次权益分派预案如下：公司目前总股本为 108,950,000 股，以未分配 利润向全体股东每 10 股派发现金红利 7.00 元（含税）。本次权益分派共预计派 发现金红利 76,265,000 元。 公司将以权益分派实施时股权登记日应分配股数为基数，如股权登记日应分 配股数与目前预计不一致的，公司将维持分派比例不变，并相应调整分派总额。 实际分派结果以中国证券登记结算有限责任公司北京分公司核算的结果为准。 ...

（一）独立董事及其配偶、父母、子女、具有主要社会关系的人员未在公 司或公司附属企业任职； 证券代码：873576 证券简称：天力复合 公告编号：2024-019 西安天力金属复合材料股份有限公司 董事会关于独立董事独立性情况的专项意见 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记 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个 别及连带法律责任。 根据《上市公司独立董事管理办法》《北京证券交易所上市公司持续监管 指引第 1 号——独立董事》相关规定，公司董事会收到公司独立董事张禾、王 小林出具的《2023 年度独立董事独立性自查报告》，杨广洪先生于 2024 年起 担任独立董事，故不在本次核查范围内。董事会根据独立董事出具的自查报 告，结合其他相关材料，认真核查，出具如下专项意见： （二）独立董事及其配偶、父母、子女未直接或间接持有公司已发行股份 百分之一以上，不是公司前十名股东中的自然人股东； （三）独立董事及其配偶、父母、子女不是直接或间接持有公司已发行股 份百分之五以上的股东，未在公司前五名股东任职； （四）独立董事及其配偶、父母、子女未在公司控股股东、实际控制 ...

证券代码：873576 证券简称：天力复合 公告编号：2024-027 西安天力金属复合材料股份有限公司内部审计制度 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 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个别及连 带法律责任。 一、 审议及表决情况 根据《上市公司独立董事管理办法》等相关规定和《董事会审计委员会工作 细则》内部制度要求，公司拟修订《西安天力金属复合材料股份有限公司内部审 计制度》。相关事项已由审计委员会 2024 年第一次会议审议全票通过，公司第二 届董事会第十七次会议审议批准，表决情况：8 票同意，0 票反对，0 票弃权。 第二章 审计机构和审计人员 第三条 公司董事会下设审计委员会，制定审计委员会工作细则。审计委员 会成员由三名董事组成，其中独立董事二名，而且至少应有一名独立董事为会计 专业人士。审计委员会成员应当为不在公司担任高级管理人员的董事。审计委员 会设召集人一名，由具有会计专业资格的独立董事委员担任。 第四条 董事会审计委员会下设内部审计部门,在审计委员会的指导下，内 部审计部门定期向审计委员会报告工作；内部审计部门设负责人一名。 二 ...

证券代码：873576 证券简称：天力复合 公告编号：2024-029 西安天力金属复合材料股份有限公司 关于召开 2023 年年度股东大会通知公告（提供网络投票） 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 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个别及连 带法律责任。 一、会议召开基本情况 （一）股东大会届次 本次会议为 2023 年年度股东大会。 （二）召集人 本次股东大会的召集人为董事会。 公司第二届董事会第十七次会议审议通过了《关于提请召开公司 2023 年度 股东大会的议案》，召集人资格合法有效。 （三）会议召开的合法性、合规性 本次会议的召开符合《公司法》《公司章程》《股东大会议事规则》等相关法 律法规、公司管理规定的要求。 （四）会议召开方式 本次会议采用现场投票和网络投票相结合方式召开。 公司线下会场设置于天力复合一楼大会议室，同时提供网络投票方式。公 司同一股东应选择现场投票、网络投票或其他表决方式的一种方式，如果同一 表决权出现重复投票表决的，以第一次投票表决结果为准。 （五）会议召开日期和时间 1、现场会议召开时间：2024 年 4 月 ...

证券代码：873576 证券简称：天力复合 公告编号：2024-028 西安天力金属复合材料股份有限公司 关于调整公司独立董事津贴的公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记 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个 别及连带法律责任。 西安天力金属复合材料股份有限公司于 2024 年 3 月 28 日召开第二届董事 会第十七次会议，审议通过了《关于调整公司独立董事津贴的议案》，表决结 果：5 票同意、0 票反对、0 票弃权。独立董事张禾、王小林、杨广洪回避表 决，该议案尚需提交股东大会审议。现将具体情况公告如下： 一、独立董事津贴调整情况 二、本次调整对公司的影响 本次调整独立董事津贴的事项，符合公司实际生产经营情况，符合相关法 律法规及《公司章程》的有关规定，不存在损害公司及全体股东特别是中小股 东利益的情形。 三、被查文件 《西安天力金属复合材料股份有限公司第二届董事会第十七次会议决议》 西安天力金属复合材料股份有限公司 董事会 2024 年 3 月 29 日 为调动公司独立董事的工作积极性，进一步促进独立董事的勤勉尽责，根 据《西安天力金属复合材 ...

海通证券股份有限公司 关于西安天力金属复合材料股份有限公司 2023 年度募集资金存放与使用情况的核查意见 海通证券股份有限公司（以下简称"海通证券"或"保荐机构"）作为西安 天力金属复合材料股份有限公司（以下简称"天力复合"或"公司"）向不特定 合格投资者公开发行股票并在北京证券交易所上市的持续督导保荐机构，根据 《证券发行上市保荐业务管理办法》《北京证券交易所股票上市规则（试行）》 《北京证券交易所证券发行上市保荐业务管理细则》等有关规定，对天力复合 2023年度募集资金的存放和使用情况进行了现场核查，具体情况如下： 一、募集资金基本情况 （一）募集资金实际到位及存放情况 经中国证券监督管理委员会《关于同意西安天力金属复合材料股份有限公司 向不特定合格投资者公开发行股票注册的批复》(证监许可〔2023〕1286号)批准， 天力复合获准向不特定合格投资者公开发行人民币普通股1,495.00万股（含行使 超额配售选择权所发新股），发行价格为人民币9.35元/股，募集资金总额为人民 币139,782,500.00元，扣除发行费用（不含税）后的实际募集资金净额为人民币 124,469,292.46元。 上述募集资 ...

证券代码：873576 证券简称：天力复合 公告编号：2024-013 3.会议召开方式：现场会议 4.发出董事会会议通知的时间和方式：2024 年 3 月 18 日以书面方式发出 5.会议主持人：董事长顾亮 西安天力金属复合材料股份有限公司 第二届董事会第十七次会议决议公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 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个别及连 带法律责任。 一、会议召开和出席情况 （一）会议召开情况 1.会议召开时间：2024 年 3 月 28 日 2.会议召开地点：天力复合一楼大会议室 6.会议列席人员：常务副总经理、财务负责人孙昊，副总经理吴江涛，副总 经理庞国庆，董事会秘书何波 7.召开情况合法、合规、合章程性说明： 本次会议的召集、召开和议案审议程序符合《公司法》和《公司章程》的相 关规定。 （二）会议出席情况 1.议案内容： 会议应出席董事 8 人，出席和授权出席董事 8 人。 董事会对 2023 年度工作的完成情况和 2024 年度工作安排。 董事康彦、樊科社、王小林因工作安排冲突原因缺席，委托董事顾亮、李淑 燕、张禾代为表 ...

Financial Performance - In 2023, the company achieved a revenue of ¥740,175,162.67, representing a 15.86% increase from ¥638,877,530.38 in 2022[29] - The net profit attributable to shareholders reached ¥88,845,178.51, a 21.47% increase compared to ¥73,141,385.39 in the previous year[29] - The company maintained a gross profit margin of 22.23%, slightly down from 22.34% in 2022[29] - The company's weighted average return on equity was 21.82% for the year[29] - The company’s basic earnings per share increased by 12.89% to ¥0.8784[29] - Total assets increased by 35.96% to 899,242,345.79 from 661,395,843.51 in 2022[31] - Net profit attributable to shareholders rose by 21.47% to 88,845,178.51, compared to 73,180,347.55 in 2022[43] - Operating income grew by 15.86% to 740,175,162.67, up from 638,000,000 in 2022[43] - The net cash flow from operating activities surged by 229.49% to 160,758,115.87 from 48,790,207.90 in 2022[31] - The company's debt-to-asset ratio decreased to 47.00% from 52.13% in 2022[31] - The inventory turnover rate improved to 2.97 from 2.43 in 2022[31] - Gross profit margin slightly decreased to 22.23% in 2023 from 22.34% in 2022, while operating profit increased by 25.04% to ¥99.23 million[57][58] - Net profit for 2023 was ¥88.85 million, a 21.47% increase compared to ¥73.14 million in 2022[57] Corporate Recognition and Achievements - The company was recognized as a "National Green Factory" by the Ministry of Industry and Information Technology in February 2023[6] - The company was listed on the Beijing Stock Exchange on July 12, 2023[7] - The company was awarded the second prize for technological progress by the China Blasting Association for its key technology in explosive welding of semiconductor-grade polysilicon reduction devices[7] - The company was recognized as a "National Green Factory" and included in the list of "National Specialized and New" small giant enterprises[43] - The company received multiple patents during the reporting period, including a method for welding thin silver plates[8] - The company’s subsidiary, Baoji Tianli, was recognized as a "Military-Civilian Integration Enterprise" by the Baoji Municipal Committee[9] Research and Development - Research and development expenses decreased by 10.60% to ¥36.72 million, accounting for 4.96% of total revenue[56] - The company reported R&D expenditures of ¥36,721,549.84, which represents 4.96% of operating revenue, down from 6.43% in the previous period[77] - The total number of R&D personnel increased from 16 to 17, with the proportion of R&D staff to total employees rising from 6.20% to 6.56%[78] - The company is currently developing a proprietary ultra-low temperature aluminum alloy, which is expected to enhance its product offerings significantly[80] - The company has completed projects on high-strength titanium-aluminum composite materials, which will support future production capabilities[80] - The company has established partnerships with universities for collaborative R&D projects aimed at improving material properties and production processes[82] Market and Industry Trends - The market for layered metal composite materials is expected to expand significantly, driven by demand in high-performance industries such as aerospace and renewable energy[45] - The fine chemical industry in China has an annual output value of approximately 4 to 5 trillion yuan, with an expected average annual growth rate of about 6% over the next five years, surpassing the global average growth rate[46] - In 2023, China approved the construction of 10 nuclear power units, marking a record high, with a total installed capacity of 17,565 MW, representing a 74.0% increase upon completion for China National Nuclear Corporation[46] - In 2023, China's new energy vehicle sales reached 9.587 million units, a year-on-year increase of 35.8%, with a market share of 31.6%, up 5.9 percentage points from the previous year[47] - The demand for nickel sulfate, a key raw material for ternary precursors in lithium batteries, is expected to continue increasing due to the rapid development of the new energy vehicle market[48] - The semiconductor market in China is projected to reach 303.2 billion yuan in 2023, with the third-generation semiconductor market expected to grow by 39.2% year-on-year to 15.215 billion yuan[49] - The global aerospace industry saw a 19.9% increase in rocket launches in 2023, with China completing 67 launches, ranking second in the world[49] Cash Flow and Financial Management - The company's cash and cash equivalents increased by 410.73% to 301.52 million yuan, representing 33.53% of total assets by the end of 2023[52] - The company's accounts receivable decreased by 24.06% to 50.43 million yuan, accounting for 5.61% of total assets[52] - The company's inventory increased by 6.53% to 199.83 million yuan, representing 22.22% of total assets[52] - The company's capital reserve grew by 84.99% to 238.38 million yuan, making up 26.51% of total assets[53] - The company reported a 150.86% increase in other income, totaling ¥18.92 million, attributed to a ¥10 million reward for listing on the Beijing Stock Exchange[58] - The company has not made any significant equity or non-equity investments during the reporting period[71] Governance and Compliance - The company has established a robust internal control system to mitigate operational risks and enhance governance[90] - The company has implemented measures to ensure equal rights for all shareholders and protect minority investors[165] - The company has adhered to legal and internal regulations in all major decision-making processes throughout the reporting period[166] - The company has established a system for accountability regarding significant errors in annual reports[163] - The company has not identified any major deficiencies in its accounting, financial management, or risk control systems during the reporting period[163] - The audit report issued by Sigma Accounting Firm confirmed that the financial statements fairly reflect the company's financial position as of December 31, 2023[193] - The audit opinion was unqualified, indicating no significant issues were found during the audit process[192] - The company has established a comprehensive internal control system, identifying and managing risks effectively[185] Employee and Talent Management - The company has implemented a stable employee structure and focuses on attracting high-end technical talent to enhance its workforce[152] - The company has established a comprehensive training system, providing both internal and external training to improve employees' skills[154] - The company has signed labor contracts with all employees and established a standardized salary and welfare system[153] - The total number of employees increased from 258 to 259, with a net addition of 28 employees during the reporting period[151] - The company has 30 administrative staff, 45 technical staff, 17 R&D staff, 147 production staff, 15 sales staff, and 5 finance staff at the end of the reporting period[151] Shareholder and Capital Structure - The company’s total share capital increased from 94,000,000.00 shares to 108,950,000.00 shares after issuing 14,950,000.00 shares[122] - The largest shareholder, Western Metal Materials Co., Ltd., holds 48,232,000 shares, representing 44.27% of total shares[124] - The second-largest shareholder, Shaanxi Aerospace Industry Corporation, holds 25,874,000 shares, accounting for 23.75%[124] - The company issued a total of 1,495,000 shares in July 2023, including an over-allotment option of 195,000 shares[122] - The company has no preferred stock or convertible bonds currently in circulation, simplifying its capital structure[137] - The company has implemented a cash dividend policy, distributing 5.00 per 10 shares to shareholders, which was approved in the second extraordinary general meeting of 2023[138] Risks and Challenges - The company is subject to uncertainties related to national policy adjustments and macroeconomic conditions that may impact revenue and profit expectations[102] - The company faces risks related to raw material price fluctuations, which can significantly impact production costs and gross margins[103] - The company plans to optimize raw material procurement and expand supplier relationships to mitigate cost increases[103] - The company has a high concentration of suppliers and customers, with over 50% of total procurement and sales coming from the top five suppliers and customers, respectively[104] - The company expects an annual increase in fixed asset depreciation of 4.21 million due to new fundraising projects, which may adversely affect performance if market conditions change[104] - There are no new risk factors reported during the reporting period, indicating stability in market and policy environments[106]

Investment Rating - The report maintains a "Buy" rating for the company, indicating an expected performance that will exceed the market by over 20% [15][21]. Core Insights - The company, Tianli Composite, reported a revenue increase of 15.86% year-on-year, reaching 740 million yuan, and a net profit increase of 21.45%, amounting to 88.83 million yuan for 2023 [3][15]. - The company is the leading domestic producer of layered metal composite materials, with a market share of nearly 25% in titanium-steel composite materials, successfully achieving import substitution in various sectors [4][16]. - The company is expected to increase its production capacity to 35,000 tons by the end of 2024, driven by ongoing fundraising projects and a significant increase in procurement and sales to related parties [15][16]. Financial Performance Summary - Revenue for 2023 is projected at 740 million yuan, with a year-on-year growth of 15.9% [17]. - The net profit for 2023 is estimated at 89 million yuan, reflecting a year-on-year increase of 21.1% [17]. - The company's gross margin is expected to be 23.6% in 2023, with a net margin of 12.0% [17]. - Earnings per share (EPS) for 2023 is projected at 0.81 yuan, with a price-to-earnings (P/E) ratio of 25.6 [17]. Market Position and Competitive Landscape - Tianli Composite is recognized as a leader in the domestic market for layered metal composite materials, competing with international firms such as DMC and Asahi Kasei [16]. - The company has successfully broken the foreign monopoly in the nuclear power and electronic-grade polysilicon reduction furnace markets, indicating strong competitive advantages [16]. Future Outlook - The company anticipates a significant increase in procurement from related parties, expected to reach 247 million yuan in 2024, a 23% increase from 2023 [15]. - Sales to related parties are projected to grow by 129.7% to 66.25 million yuan in 2024 [15].

Financial Performance - The company achieved operating revenue of ¥740,175,162.67, representing a year-on-year increase of 15.86%[4] - Net profit attributable to shareholders reached ¥88,832,363.28, up 21.45% compared to the previous year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥72,894,286.00, reflecting a growth of 22.98%[4] - The company reported a basic earnings per share of ¥0.8782, which is a 12.87% increase from ¥0.7781 in the previous year[4] - The company has maintained steady growth in operating revenue and net profit for four consecutive years[6] Assets and Equity - Total assets at the end of the reporting period amounted to ¥899,129,324.57, a 35.94% increase from the beginning of the period[6] - Shareholders' equity attributable to the company increased by 50.53% to ¥476,591,995.46[6] Factors Influencing Performance - The improvement in financial performance is attributed to successful fundraising through public share issuance and better cash flow management[7] - The company continues to focus on high-end market expansion and technological innovation to meet market demands[6] Caution for Investors - The final financial data will be confirmed in the official annual report, and investors are advised to be cautious of investment risks[8]