Investment Rating - The report maintains a "Recommend" rating for the company [1] Core Views - The company's overseas market performance is strong, with overseas sales reaching 1.208 million units in 2023, a year-on-year increase of 18.8%, maintaining its position as the top domestic exporter for 8 consecutive years [3] - The company's new energy vehicle (NEV) sales structure is improving, with the proportion of NEV passenger car sales above 150,000 RMB reaching 43.6% in 2023, an increase of 19.2 percentage points compared to 2022 [4] - The company's joint venture brands, SAIC Volkswagen and SAIC General Motors, experienced significant declines in profitability, with net profits decreasing by 64.1% and 54.4% respectively in 2023 [4] - The company's independent business segment showed stable losses, with a net loss of 4.26 billion RMB in 2023, similar to 2022 levels [4] Financial Performance - In 2023, the company achieved revenue of 726.2 billion RMB, a year-on-year increase of 0.72%, and net profit attributable to shareholders of 14.11 billion RMB, a year-on-year decrease of 12.5% [3] - The company's gross margin improved to 10.2% in 2023, up from 9.6% in 2022, while the net margin decreased to 1.9% from 2.2% [3] - The company's ROE declined to 4.9% in 2023 from 5.8% in 2022 [3] - The company's EPS (diluted) for 2023 was 1.22 RMB, down from 1.39 RMB in 2022 [3] Business Segments - The company's self-owned brands, SAIC Motor Passenger Vehicle and SAIC-GM-Wuling, sold 986,000 and 1.403 million units respectively in 2023, with year-on-year changes of +17.5% and -12.3% [3] - The company's joint venture brands, SAIC Volkswagen and SAIC General Motors, sold 1.215 million and 1.001 million units respectively in 2023, with year-on-year declines of 8.0% and 14.5% [3] - The company's NEV sales reached 1.123 million units in 2023, a year-on-year increase of 4.6%, with the IM Motors brand selling 38,000 units, a year-on-year increase of 665.1% [3] Future Outlook - The report forecasts the company's revenue to grow to 798.5 billion RMB in 2025 and 822.7 billion RMB in 2026, with year-on-year growth rates of 5.3% and 3.0% respectively [3] - The report predicts the company's net profit attributable to shareholders to decline to 12.21 billion RMB in 2025 and 11.60 billion RMB in 2026, with year-on-year decreases of 6.1% and 5.0% respectively [3] - The report expects the company's gross margin to remain stable at around 10.5% from 2024 to 2026 [3] Valuation - The company's P/E ratio is expected to increase from 12.4x in 2024 to 15.0x in 2026 [3] - The company's P/B ratio is expected to remain stable at 0.6x from 2024 to 2026 [3]

上汽集团（600104.SH）系列点评四 利润相对稳健 出海持续向上 2024年03月31日 ➢ 事件概述：公司发布 2023 年年报：2023 年公司总营收为 7,447.1 亿元， 推荐 维持评级 同比+0.1%；归母净利润为141.1亿元，同比-12.5%；扣非归母净利润为100.5 当前价格： 15.07元 亿元，同比+11.7%。其中2023Q4实现总营收2,213.6亿元，同比+2.2%，环 比+12.5%；归母净利润27.0亿元，同比-22.2%，环比-37.5%；扣非归母净利 润5.7亿元，同比+134.8%，环比-84.9%。 [Table_Author] ➢ 费用及减值影响 利润略有承压。公司2023Q4实现总营收2,213.6亿元， 同比+2.2%，环比+12.5%；扣非归母净利润 5.7 亿元，同比+134.8%，环比- 84.9%。收入端，2023Q4上市集团销量164.4万辆，同比+7.2%，收入增速低 于销量增速主要受年底折扣放大、单车收入有所下降影响；毛利端，2023Q4毛 利率10.71%，同比+1.2pct，环比+0.3pct；主要受益规模效应、出口促进毛利。 费用端，20 ...

Financial Performance - Total revenue for 2023 was RMB 744.705 billion, a slight increase of 0.09% compared to 2022[16] - Net profit attributable to shareholders was RMB 14.106 billion, a decrease of 12.48% year-on-year[16] - Operating cash flow surged by 345.41% to RMB 42.334 billion in 2023[16] - Total assets reached RMB 1.00665 trillion, up 1.67% from the previous year[16] - Revenue from core business operations (operating income) increased by 0.72% to RMB 726.199 billion[16] - Net profit attributable to shareholders after deducting non-recurring gains and losses increased by 11.71% to RMB 10.044 billion[16] - Shareholders' equity attributable to the parent company grew by 2.54% to RMB 286.318 billion[16] - Basic earnings per share decreased by 12.43% to 1.226 yuan per share in 2023 compared to 1.400 yuan per share in 2022[17] - Net cash flow from operating activities increased by 345.41% due to adjustments in loan scale by the subsidiary Shanghai Automotive Group Finance Co., Ltd[17] - Operating revenue for Q4 2023 reached 221.36 billion yuan, the highest among all quarters[19] - Net profit attributable to shareholders in Q2 2023 was 4.30 billion yuan, the highest quarterly figure[19] - Non-recurring gains and losses totaled 4.06 billion yuan in 2023, a decrease from 7.13 billion yuan in 2022[21] - Government subsidies accounted for 4.05 billion yuan of non-recurring gains in 2023[21] - The fair value of trading financial assets increased by 1.46 billion yuan to 46.69 billion yuan at the end of 2023[22] - Other current assets - interbank certificates of deposit saw a significant increase of 21.71 billion yuan to 47.85 billion yuan[22] - Other non-current financial assets increased by 6.15 billion yuan to 22.78 billion yuan, contributing 1.16 billion yuan to current profit[22] - The company's total operating revenue in 2023 was RMB 744.705 billion, a slight increase of 0.09% year-on-year, while net profit attributable to shareholders decreased by 12.48% to RMB 14.106 billion[30] - Automotive manufacturing revenue decreased by 0.72% to 726.2 billion RMB, with a gross margin increase of 0.58 percentage points to 10.19%[33] - Financial sector revenue decreased by 19.80% to 18.5 billion RMB, with a gross margin increase of 5.44 percentage points to 85.47%[33] - Total revenue increased by 0.09% to 744.7 billion RMB, with a gross margin increase of 0.27 percentage points to 12.06%[33] - Vehicle sales decreased by 5.31% to 5,020,865 units, with inventory decreasing by 5.61% to 5,025,295 units[34] - Overseas revenue increased by 34.37% to 112.04 billion RMB, with a gross margin decrease of 1.72 percentage points to 6.30%[33] - Net cash flow from operating activities increased by 345.41% to 42.33 billion yuan in 2023[47] - Accounts receivable financing increased by 44.73% to 16.72 billion yuan[48] - Other debt investments surged by 441.91% to 4.57 billion yuan[48] - Overseas assets amounted to 97.44 billion yuan, representing 9.68% of total assets[49] - The company's long-term equity investment balance increased by 3.18% to 66.701 billion yuan at the end of 2023[62] - The fair value of financial assets measured at fair value at the end of the period was RMB 152.31 billion, with a total change in fair value of RMB 117.58 billion during the period[64] - The company's trading financial assets increased from RMB 45.23 billion at the beginning of the period to RMB 46.69 billion at the end of the period, with a fair value change loss of RMB 183.41 million during the period[64] - The company's other equity instrument investments decreased from RMB 17.19 billion at the beginning of the period to RMB 13.71 billion at the end of the period, with a fair value change loss of RMB 2.76 billion during the period[64] - The company's investment in China Merchants Bank (stock code: 600036) had an initial investment cost of RMB 3.68 billion and a year-end book value of RMB 8.63 billion, with a cumulative fair value change of RMB -2.93 billion included in equity[65] - The company's total investment in securities was RMB 12.34 billion at the beginning of the period and RMB 9.01 billion at the end of the period, with a total fair value change loss of RMB 116.66 million during the period[65] - The company's Qingdao SAIC Innovation Upgrade Industrial Equity Investment Fund had a total investment of RMB 13.5 billion, with a cumulative investment of RMB 11.71 billion in 23 projects and 6 sub-funds as of December 31, 2023[67] - The company's Jiaxing SAIC Chuangyong Equity Investment Fund had a total investment of RMB 3 billion, with a cumulative investment of RMB 2.23 billion in 33 projects and 4 sub-funds as of December 31, 2023[68] - The company's Shandong Shangqi Shandong High-Tech Power Equity Investment Fund had a total investment of RMB 807 million, with a cumulative investment of RMB 706 million in 15 projects as of December 31, 2023[69] - The company's Nanjing Junhong Tianyin Equity Investment Fund had a total investment of RMB 1.55 billion, with a cumulative investment of RMB 1.2 billion in 24 projects as of December 31, 2023[70] - The Henan Shangqi Huirong Shangcheng No. 1 Industrial Fund increased its total subscribed capital from RMB 3.3734 billion to RMB 4.2625 billion, with SAIC Finance increasing its subscription from RMB 980 million to RMB 1.33 billion, holding a 31.20% share[72] - As of December 31, 2023, the Henan Shangqi Huirong Shangcheng No. 1 Industrial Fund had a cumulative paid-in capital of RMB 2.131 billion and invested in 23 projects totaling RMB 1.496 billion[72] - The Jiaxing Chuangqi Venture Capital Fund was established with an initial subscribed capital of RMB 5 billion, with SAIC Changzhou Innovation Fund subscribing RMB 4.999 billion, holding a 99.98% share[73] - As of December 31, 2023, the Jiaxing Chuangqi Venture Capital Fund had a cumulative paid-in capital of RMB 1.97 billion and invested in 1 project totaling RMB 1.97 billion[73] - The Shanghai SAIC Xinju Venture Capital Fund was established with an initial size of RMB 6.012 billion, with SAIC Group subscribing RMB 6 billion, holding a 99.80% share[74] - As of December 31, 2023, the Shanghai SAIC Xinju Venture Capital Fund had a cumulative paid-in capital of RMB 321 million and invested in 1 project totaling RMB 198 million[74] - The company realized a settlement gain of RMB 4.1613 million through forward foreign exchange contracts during the reporting period[75] - The company's derivative trading limit was set at USD 9.4 billion or equivalent in other currencies, with no over-limit situations occurring as of December 31, 2023[76] - SAIC Motor's total assets reached 111.03 billion yuan, with a net profit attributable to the parent company of 3.13 billion yuan[78] - SAIC General Motors' total assets amounted to 87.48 billion yuan, with a net profit attributable to the parent company of 2.54 billion yuan[78] - Huayu Automotive's total assets stood at 176.10 billion yuan, with a net profit attributable to the parent company of 7.21 billion yuan[78] - SAIC Finance's total assets reached 301.14 billion yuan, with a net profit attributable to the parent company of 5.70 billion yuan[78] - SAIC-GM-Wuling's total assets were 60.29 billion yuan, with a net profit attributable to the parent company of 930.57 million yuan[78] - The company aims to achieve annual vehicle sales of 5.45 million units in 2024, with expected operating revenue exceeding 790 billion yuan[83] - Domestic new energy vehicle sales in China are projected to reach 10.8 million units in 2024, a 30% year-on-year increase[81] - The company plans to focus on the development of new energy vehicles, leveraging technologies like DMH super hybrid and the Galaxy Full Stack 3.0 intelligent vehicle solution[82] - The company will accelerate the transformation and upgrading of its parts business to align with the trends of electrification and intelligent networking[83] - The company faces risks from intense domestic price competition and potential trade protection measures in overseas markets[84] - The company held 1 general meeting of shareholders in 2023, with resolutions including the 2022 annual board report, profit distribution plan, and financial audit institution appointment[87][90] - The board of directors consists of 8 members, including 2 external directors and 3 independent directors, with 6 board meetings held during the reporting period[87] - The company received visits from over 150 investment institutions and 2,300 individuals, and participated in 88 investor exchange meetings organized by securities firms[87] - 4 periodic reports and 66 interim announcements were disclosed throughout the year, with no correction announcements issued[87] - The company revised 6 basic management systems, including the articles of association, shareholder meeting rules, and related party transaction management system[87] - The board approved the "Further Deepening of Professional Manager Compensation System Reform Implementation Plan" and the "Incremental Performance Incentive Plan 2022 Implementation Plan"[88] - The company held 3 earnings briefings and received 650 consultation calls during the reporting period[87] - The board's strategic and ESG sustainable development committee held 1 meeting, while the audit committee and nomination, compensation, and assessment committee held 5 and 4 meetings respectively[87] - The total pre-tax compensation for the Board Secretary in 2023 was 1.4541 million yuan[94] - The total pre-tax compensation for the former Vice President in 2023 was 2.7351 million yuan[94] - The total pre-tax compensation for the former Employee Representative Director in 2023 was 1.1644 million yuan[94] - The total pre-tax compensation for the former Employee Representative Supervisor in 2023 was 789,300 yuan[94] - The total pre-tax compensation for the former Supervisor Chairman in 2023 was 0 yuan[94] - The total pre-tax compensation for the Board of Directors and Supervisors in 2023 was 33.9704 million yuan[94] - The number of shares held by the former Employee Representative Supervisor remained unchanged at 800 shares from the beginning to the end of the year[94] - The total number of shares held by the Board of Directors and Supervisors remained unchanged at 9,180 shares from the beginning to the end of the year[94] - The total pre-tax compensation for the Employee Representative Supervisor in 2023 was 0 yuan[94] - The total pre-tax compensation for the former Vice President in 2023 was 2.7351 million yuan[94] - The total actual remuneration received by all directors, supervisors, and senior management at the end of the reporting period was 33.97 million RMB[101] - Independent directors receive an annual pre-tax allowance of 100,000 RMB, with necessary and reasonable expenses incurred during their duties covered by the company[100] - The company's senior management's performance-based compensation is linked to the company's performance and individual performance evaluation results[100] - The company's "1+5" rolling development plan for 2023-2027 was approved during the 8th Board of Directors' 13th meeting[103] - The company's 2022 annual profit distribution plan and financial final report were approved during the 8th Board of Directors' 13th meeting[103] - The company's 2022 annual report and summary were approved during the 8th Board of Directors' 13th meeting[103] - The company's 2022 annual social responsibility report and internal control evaluation report were approved during the 8th Board of Directors' 13th meeting[103] - The company's 2022 annual board of directors work report and president work report were approved during the 8th Board of Directors' 13th meeting[103] - The company's 2022 annual independent directors' work report was approved during the 8th Board of Directors' 13th meeting[103] - The company's 2022 annual board of directors audit committee work report was approved during the 8th Board of Directors' 13th meeting[103] - The company approved the establishment of SAIC-Qingtao New Energy Technology Co., Ltd., indicating a strategic move into the new energy sector[104] - The company's board of directors held 6 meetings in 2023, with 5 conducted via telecommunication and 1 in person[108] - The company's strategic and ESG sustainable development committee includes members such as Chen Hong, Wang Xiaoqiu, and Wang Jian[109] - The company's audit committee reviewed and approved the "1+5" rolling development plan (2023-2027), focusing on high-quality development and expanding overseas business[110] - The company approved the addition of Huang Jian as a director, with his term aligned with the eighth board of directors[107] - The company's board of directors approved the 2023 semi-annual report and internal control evaluation report[104] - The company's board of directors approved the 2023 third-quarter report and the implementation plan for the salary determination mechanism reform (2023-2026)[104] - The company's board of directors approved the establishment of SAIC-Qingtao New Energy Technology Co., Ltd., indicating a strategic move into the new energy sector[104] - The company's board of directors approved the establishment of SAIC-Qingtao New Energy Technology Co., Ltd., indicating a strategic move into the new energy sector[104] - The company's board of directors approved the establishment of SAIC-Qingtao New Energy Technology Co., Ltd., indicating a strategic move into the new energy sector[104] - Total number of employees in the parent company and major subsidiaries is 207,001, with 14,087 in the parent company and 192,914 in major subsidiaries[115] - Number of technical personnel in the parent company is 8,596, accounting for 61% of the total parent company employees[115] - Number of employees with postgraduate education or above in the parent company is 4,539, accounting for 32.2% of the total parent company employees[116] - The company implemented a salary linkage mechanism with economic benefits, ensuring timely and full payment of salaries and social insurance[117] - The company awarded 18 employees with honors such as "Shanghai Outstanding Technical Leader" and "China Automotive Industry Outstanding Young Scientific Talent" in 2023[117] - The company conducted a total of 2.19 million training sessions, accumulating approximately 940,000 training days in 2023[118] - The company completed 177 automotive engineering training classes, training over 20,000 professionals in 2023[118] - The company integrated 130 new courses, bringing the total to over 1,000 courses in emerging technology fields such as electronic and electrical architecture, software development, and intelligent cockpits[118] - The company added 32 new instructors, bringing the total number of instructors to over 280[118] - The company promoted over 2,500 skilled workers through vocational training and certification, with more than 800 achieving senior technician or higher levels[119] - The company has built training bases with a total construction area of approximately 35,500 square meters since 2011[119] - The company approved a cash dividend of RMB 3.69 per 10 shares, totaling RMB 4.23 billion[120] - The cash dividend accounted for 30% of the net profit attributable to shareholders, with a total dividend payout ratio of 31.83%[123][124] - The company established 203 management systems and 127 internal control sub-processes by the end of 2023[126] - The company's internal control system was effectively executed, with no significant or material weaknesses identified in financial or non-financial reporting[127] - Environmental protection investment during the reporting period was 4,456 million yuan[130] - The company has 27 wastewater discharge outlets and 873 exhaust gas discharge outlets[133] - The actual emissions of major pollutants: COD 327 tons, NH3-N 17 tons, NOx 118 tons, SO2 9 tons[133] - The company reduced CO2 equivalent emissions by 144,217 tons[143] - The company established a dual-carbon working group to promote carbon reduction throughout the product lifecycle[143] - The company strictly complies with national and local environmental standards for wastewater and exhaust emissions[132] - The company has installed online monitoring devices for atmospheric pollutant emissions at key emission points[135] - The company implements a "three simultaneous" system for environmental protection facilities in construction projects[136] - The company has developed emergency response plans for environmental incidents and conducts regular training and drills[137] - The company promotes green manufacturing and energy efficiency benchmarking projects to build green factories and products[142] - Total social responsibility investment reached 24.3562 million yuan, including 12.1319 million yuan in funds and 12.2243 million yuan in material donations, benefiting 213,716 people[146] - Total investment in poverty alleviation and rural revitalization projects amounted to 25.6722 million yuan, with 25.3647 million yuan in funds and 307,500 yuan in material donations, benefiting 27,794 people[147] - The company changed its accounting firm from Deloitte Touche Tohmatsu to PricewaterhouseCoopers, with a total annual remuneration not exceeding 4 million yuan, including 400,000 yuan for internal control audit fees[152] - The company's audit fees decreased by more than 20% compared to the previous year due to a competitive bidding process[152] - The company and its controlling shareholders maintained good integrity status during the reporting period[155] - The total expected amount for the "Commod

IT 之家 3 月 29 日消息，上汽集团今日晚间发布年度业绩报告称，2023 年营业收入约 7261.99 亿元，同 比增加 0.72%；归属于上市公司股东的净利润约 141.06 亿元，同比减少 12.48%；基本每股收益 1.226 元，同比减少 12.43%。 ...

目录 | 关于本报告 | / 04 | | | | --- | --- | --- | --- | | 董事长致辞 | / 06 | ESG亮点绩效 | / 16 | | 关于上汽 | / 08 | 责任荣誉 | / 18 | | ESG可持续发展管理 | / 12 | 履责专题 | / 20 | 合规高效 责任治理 1.1 治理架构 | | / 28 | | --- | --- | | 1.2 内控体系建设 | / 32 | | 1.3 风险管理 | / 33 | | 1.4 党建引领 | / 35 | | 1.5 商业道德 | / 36 | | 1.6 信息披露 | / 37 | | 低碳智造 绿色运营 | 2.1 气候变化 | / 40 | | --- | --- | --- | | | 2.2 绿色运营 | / 45 | | | 2.3 生态保护 | / 48 | 创新引领 卓越服务 3.1 产品保障 价值赋能 共同成长 彰显担当 回馈社会 附录 | | / 52 | | --- | --- | | 3.2 创新驱动 | / 56 | | 3.3 信息安全 | / 59 | | 3.4 用户体验 | ...

证券代码：600104 证券简称：上汽集团 公告编号：临 2024－011 上海汽车集团股份有限公司 八届十九次董事会会议决议公告 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、准确性和完整性承担法律责任。 上海汽车集团股份有限公司第八届董事会第十九次会议通知于 2024 年 3 月 15 日通过传真、电子邮件等形式送达。本次董事会会议 于 2024 年 3 月 28 日在上海市威海路 489 号上汽大厦会议室以现场和 通讯相结合的方式召开。会议的召集、召开符合《公司法》及《公司 章程》的有关规定。本次会议应到董事 8 人，实际出席会议董事 8 人。 会议由董事长陈虹先生主持，公司监事和高级管理人员列席了会议。 经与会董事逐项审议, 表决通过了如下决议： 1、2023 年度董事会工作报告； （同意 8 票，反对 0 票，弃权 0 票） 2、2023 年度总裁工作报告； （同意 8 票，反对 0 票，弃权 0 票） 3、2023 年度独立董事述职报告； 详见上海证券交易所网站 www.sse.com.cn。 （同意 8 票，反对 0 票，弃权 0 票） 4 ...

上海汽车集团股份有限公司 董事会审计委员会工作细则 第四条 审计委员会委员由董事长、二分之一以上独立董事 或者全体董事的三分之一提名，并由董事会选举产生并任命。 第五条 审计委员会设主任委员（召集人）一名，由独立董 事委员中会计专业人士担任，负责主持审计委员会工作；主任委 员由董事会在委员会成员内直接选举产生。 第六条 审计委员会委员任期与同届董事会董事任期一致。 委员任期届满，连选可以连任。期间如有委员不再担任公司董事 职务，自动失去委员资格，并由董事会根据上述第三条至第六条 规定补足委员人数。 1 第七条 公司审计室是审计委员会的日常工作机构，为审计 委员会提供专业支持，负责有关资料准备和内控制度执行情况反 馈等。董事会办公室为审计委员会提供综合服务，负责日常工作 联络、会议组织等事宜。 第三章 职责权限 第一章 总则 第一条 为完善公司治理结构，提高董事会科学决策能力， 确保董事会对经营层的有效监督，根据《中华人民共和国公司法》 《上市公司治理准则》《上市公司独立董事管理办法》《上海证 券交易所上市公司自律监管指引第 1 号——规范运作》《上海汽 车集团股份有限公司章程》（以下简称《公司章程》）、《上海 ...

证券代码：600104 证券简称：上汽集团 公告编号：临 2024－014 上海汽车集团股份有限公司 关于利润分配方案的公告 集中竞价方式回购公司股份的金额为 257,966,864.65 元（不含交易 费用），占 2023 年合并报表归属于上市公司股东净利润的 1.83%。按 前述分配预案测算，公司 2023 年年度现金分红总额（含回购）占 2023 年合并报表归属于上市公司股东净利润的 31.83%。公司未分配利润 结余为人民币 96,439,980,714.16 元。本次不进行资本公积金转增。 在本公告披露之日起至实施权益分派股权登记日期间，如公司享 有利润分配权的总股本发生变动的，拟维持分配总额不变，相应调整 每股分配比例，具体调整情况将另行公告。 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： A 股每股派发现金红利人民币 0.369 元（含税），不进行资本 公积金转增。 本次利润分配以公司实施权益分派股权登记日登记的总股本 扣除回购专用证券账户上股份数后的股本（即享有利润分配权的总股 本）为基数，具 ...

普华永道 关于上海汽车集团股份有限公司 2023 年度 涉及上海汽车集团财务有限责任公司关联交易的存、贷款等金融业务情况的专项报告 普华永道中天特审字(2024)第1896号 关于上海汽车集团股份有限公司 2023 年度涉及上海汽车集团财务有限责任公司关联交易的存、贷款等金融业务情况 的专项报告 · 在对上述财务报表执行审计的基础上,我们对后附的上海汽车集团股份有限公 司 2023 年度涉及上海汽车集团财务有限责任公司关联交易的存、贷款等金融业务 情况汇总表(以下简称"关联金融业务情况汇总表")执行了有限保证的鉴证业务。 按照上海证券交易所颁布的《上海证券交易所上市公司自律监管指引第 5 号-交 易与关联交易(2023年1月修订)》的规定,贵公司编制了上述关联金融业务情况汇 总表。设计、执行和维护与编制和列报关联金融业务情况汇总表有关的内部控制、 采用适当的编制基础如实编制和对外披露关联金融业务情况汇总表并确保其真实性、 合法性及完整性是贵公司管理层的责任。 普华永道中天会计师事务所(特殊普通合伙) 中国上海市黄浦区湖滨路202号领展企业广场2座普华永道中心11楼 邮编200021 总机:+86(21) 23 ...

未来三年（2024 年-2026 年）股东回报规划 为持续推动上海汽车集团股份有限公司（以下简称公司）完善科 学、持续、稳定的分红机制，积极回报股东，引导投资者形成稳定的 投资回报预期，保护投资者的合法权益，根据《中华人民共和国公司 法》、中国证券监督管理委员会《关于进一步落实上市公司现金分红 有关事项的通知》《上市公司监管指引第 3 号——上市公司现金分红》 等相关法律、法规、规范性文件以及《上海汽车集团股份有限公司章 程》（以下简称《公司章程》）等公司制度规定，特制定《上海汽车集 团股份有限公司未来三年（2024 年-2026 年）股东回报规划》（以下 简称本规划）。具体内容如下： 一、本规划的制定原则 上海汽车集团股份有限公司 （三）现金分红的比例及期间间隔：在满足前述现金分红条件时， 公司每年应当进行一次现金分红。公司年度内现金分红总额（包括中 期已分配的现金红利）不低于当年度经审计合并报表归属于上市公司 股东的净利润的百分之三十。根据公司的盈利状况及资金需求状况， 经公司董事会提议和股东大会批准，也可以进行中期现金分红。公司 当年度实施股票回购所支付的现金根据有关法规要求视同现金股利。 （四）发放股 ...