Financial Performance - The company's operating revenue for 2023 reached ¥91.24 billion, an increase of 13.88% compared to ¥80.12 billion in 2022[24] - Net profit attributable to shareholders was ¥1.55 billion, reflecting a growth of 12.57% from ¥1.38 billion in the previous year[24] - The net profit after deducting non-recurring gains and losses was ¥1.42 billion, up by 7.72% from ¥1.32 billion in 2022[24] - The net cash flow from operating activities was ¥3.67 billion, a significant recovery from a negative cash flow of ¥782.75 million in 2022[24] - Total assets at the end of 2023 amounted to ¥171.08 billion, representing a 14.77% increase from ¥149.06 billion in 2022[25] - The company's net assets attributable to shareholders decreased by 4.5% to ¥12.47 billion from ¥13.06 billion at the end of 2022[24] - The company's basic earnings per share for 2023 increased to 0.91 yuan, a 13.75% rise compared to 0.80 yuan in 2022[51] - The total profit reached 2.630 billion yuan, up 14.19% year-on-year, while net profit was 2.058 billion yuan, reflecting a 12.29% increase[29] Revenue Breakdown - In Q4 2023, the operating revenue was ¥31.31 billion, contributing to a total of ¥91.24 billion for the year[26] - The engineering construction business generated revenue of 71.64 billion RMB, a 15.92% increase from the previous year[135] - The real estate development segment reported revenue of 7.15 billion RMB, down 5.79% year-on-year, with a gross margin of 8.04%[136] - Revenue from the prefabricated building division reached 1.011 billion CNY, with a total profit of 0.101 billion CNY[72] - The company achieved a revenue of 1.56 billion CNY from hydropower operations, with a total profit of 0.54 billion CNY in 2023[78] - The company's revenue from other businesses was ¥2,586,005,121.60, up from ¥1,984,572,365.86 in the previous year[140] Investment and Financing - The company successfully issued 1.9 billion yuan in medium-term notes, 500 million yuan in short-term debt, and 1.58 billion yuan in asset-backed securities, effectively reducing funding costs[32] - The company reported a net cash outflow from investing activities of ¥4,624,667,124.92, compared to ¥2,812,688,230.60 in the previous year[139] - Financing activities generated a cash inflow of ¥2,118,607,465.54, down 66.65% from ¥6,352,483,948.13[139] - The company issued new bonds amounting to CNY 2,000,000,000.00, a 233.33% increase compared to the previous year[162] Research and Development - The company has over 290 invention patents and has received more than 70 provincial and ministerial-level science and technology progress awards[111] - R&D expenses increased to ¥1,839,039,460.44, up 24.73% from ¥1,474,463,938.78[139] - The total R&D expenditure for the period was CNY 1,839,039,460.44, accounting for 2.02% of operating revenue[147] - The company has 2,517 R&D personnel, representing 13.83% of the total workforce[159] Market and Business Development - The company is focusing on expanding its prefabricated construction projects and enhancing its smart manufacturing capabilities[9] - The total new contracts signed for engineering construction business reached 151.07 billion yuan, reflecting a year-on-year growth of 13.81%[59] - The company has established five regional market development and investment centers across North China, Central China, South China, East China, and Southwest China[59] - The company aims for prefabricated buildings to account for 40% of new urban construction by 2030, with specific regional targets set for 2025[65] Environmental and Social Responsibility - The company is actively developing clean energy, with successful operations of its invested hydropower and photovoltaic power stations[84] - The company invested 714.87 million yuan in public welfare projects, benefiting 6,625 people, with 409.58 million yuan allocated for purchasing agricultural products for consumption assistance[175] - The company has established a management system for pollution control, including measures for wastewater, dust, noise, and soil protection[169] - The company is committed to promoting green construction and sustainable development throughout the entire lifecycle of its projects[171] Legal and Compliance Issues - The company is involved in multiple construction contract disputes, with amounts ranging from 3,147.13 million to 16,242.5 million CNY[186] - The largest ongoing dispute involves a claim of 16,242.5 million CNY against two real estate development companies[186] - The company has successfully executed a judgment for 6,028.20 million CNY in a previous case, with the amount fully collected[186] - The company has disclosed its litigation status in multiple announcements on the Shanghai Stock Exchange[186]

Investment Rating - The investment rating for the company is "Buy" and it is maintained [3][4]. Core Viewpoints - The company has shown steady growth in performance, with a significant increase in new orders, which provides a solid foundation for future growth [8][9]. - The traditional core business is growing steadily, while new business integrations are continuously gaining momentum [2][3]. - The company's profitability has slightly improved, and it has demonstrated good cost control capabilities [3][10]. - The company is expected to benefit from the acceleration of urban village renovations, enhancing its overall profitability [8][9]. Financial Performance Summary - In 2023, the company achieved operating revenue of 91.24 billion yuan, a year-on-year increase of 13.88%, and a net profit attributable to the parent company of 1.55 billion yuan, up 12.57% year-on-year [8][11]. - The gross profit margin for 2023 was 12.4%, an increase of 0.77 percentage points year-on-year [10]. - The company’s new signed orders increased by 14% year-on-year, indicating a robust order backlog [8][9]. - The company’s cash dividend for 2023 was 446 million yuan, with a dividend payout ratio of 28.73%, resulting in a dividend yield of 5.25% as of March 26 [8]. Business Segmentation - **Construction Business**: In 2023, the company’s revenue from housing construction and infrastructure was 32 billion yuan and 39.6 billion yuan, respectively, with year-on-year growth of 27.2% and 8.1% [9]. - **Real Estate Development**: The company’s revenue from residential sales was 7.15 billion yuan, a decrease of 5.79% year-on-year, with a total sales area of 625,800 square meters [9]. - **New Business**: Other business segments generated revenue of 9.87 billion yuan, a year-on-year increase of 12.9% [9]. Financial Ratios and Projections - The company’s projected net profit for 2024 and 2025 is 1.81 billion yuan and 2.09 billion yuan, respectively, reflecting year-on-year growth rates of 16.4% and 15.5% [10][11]. - The company’s price-to-earnings (P/E) ratio is currently at 5.24, which is relatively low compared to historical levels [11].

本报告仅供 Choice 东方财富 使用，请勿传阅。 新签订单较快增长，新兴业务未来可期 装配式建筑快速发展，检测业务高速增长。公司大力发展装配 式建筑，拥有合肥、蚌埠、芜湖、铜陵、六安等 7 个装配式生产 基地，产品品类覆盖 PC 构件、轨道交通管片、桥梁钢结构、建筑 钢结构、管桩、模具等，打造集设计、生产、施工一体化的装配 式建筑企业。2023 年公司装配式业务新签合同额 20.78 亿元，同 比增长 23.47%；实现营业收入 16.21 亿元，利润总额 1.43 亿元。 同时，公司加大检测业务整合力度，2023 年完成了系统内 8 户检 测子公司整合，组建了安徽建工检测科技集团有限公司，2023 年 新签合同额 8.3 亿元（含公司内部订单），同比增长 33.8%；实现 营业收入 7.05 亿元，利润总额 1.79 亿元。 股价表现 -23% -13% -3% 7% 17% 安徽建工 沪深300 | --- | --- | |------------------------------------------|------------| | 相关报告 \nQ3 业绩高增订单优化，现金 | 2023-1 ...

Investment Rating - The report maintains a "Buy" rating for the company, indicating a positive outlook based on expected performance relative to market indices [22][26]. Core Insights - The company reported a revenue of 91.244 billion yuan for 2023, reflecting a year-on-year growth of 13.88%, and a net profit attributable to shareholders of 1.553 billion yuan, up 12.57% year-on-year [7][8]. - The company plans to distribute a cash dividend of 446 million yuan, corresponding to a dividend payout ratio of 28.73%, which translates to a dividend yield of 5.3% based on the closing price on March 26 [8]. - The company is expected to benefit from the ongoing integration of the Yangtze River Delta region and accelerated water conservancy construction in Anhui, leveraging its extensive experience in the water conservancy sector [6][30]. Financial Performance Summary - For the fiscal year 2023, the company achieved a gross profit margin of 12.44%, which is a slight increase of 0.77 percentage points year-on-year [16]. - The company’s new orders totaled 151.1 billion yuan for the year, marking a year-on-year increase of 13.81%, with infrastructure orders growing by 18.3% [15][25]. - The operating cash flow improved significantly, with a net inflow of 3.671 billion yuan in 2023, compared to a net outflow of 780 million yuan in 2022 [17][27]. Earnings Forecast - The earnings per share (EPS) are projected to be 1.07 yuan for 2024, 1.26 yuan for 2025, and 1.43 yuan for 2026, with corresponding price-to-earnings (PE) ratios of 4.6, 3.9, and 3.5 respectively based on the closing price on March 26 [26][31].

『京M | 容 诚 审计报告 安徽建工集团股份有限公司 容诚审字[2024]230Z0778 号 容诚会计师事务所(特殊普通合伙) 中国 北京 您可使用手机"扫一扫"或进入"注册会计师行业统一监管平台（http://ac.mof.gov.cn）"我行查 "我行查看"或进入"注册会计师行业统一监管平台（http://ac.mof.gov.cn）"我行查 " 目 录 | 序号 | 内 容 | 页码 | | --- | --- | --- | | 1 | 审计报告 | 1-7 | | 2 | 合并资产负债表 | 8 | | 3 | 合并利润表 | 9 | | 4 | 合并现金流量表 | 10 | | 5 | 合并所有者权益变动表 | 11 | | 6 | 母公司资产负债表 | 12 | | 7 | 母公司利润表 | 13 | | 8 | 母公司现金流量表 | 14 | | 9 | 母公司所有者权益变动表 | ાર | | 10 | 财务报表附注 | 16-194 | 审计 报告 容诚审字[2024]230Z0778 号 安徽建工集团股份有限公司全体股东: 一、审计意见 我们审计了安徽建工集团股份有限公司(以下简称安 ...

ANHUI CONSTRUCTION ENGINEERING GROUP I // C 社会责任报告 暨环境、社会及公司治理（ESG）报告 Social Responsibility Report and Environmental, Social, Governance Report ACEG ●IOIOKOKOKOKOKO ● 报告说明 前言 Preface 本报告根据中国国家标准GB/T36001-2015《社会责任报告编写指南》，并参照国际标准化 组织《ISO 26000:社会责任国际标准(2010)》、全球可持续发展标准委员会(GSSB)《可持续 发展报告标准》(GRI Standards)、中国社科院《中国企业社会责任报告指南4.0之工程与建 筑业》、国务院国资委《关于国有企业更好履行社会责任的指导意见》和上海证券交易所 报告说明 报告范围 本报告公示了安徽建工集团股份有限公司及所属子分公司履行公司治理、社会和环境等方 面责任的信息。典型案例均来自公司及所属企业。报告时间跨度为2023年1月1日至12月31 日，适当关注了2023年以前公司履行社会责任的情况。 称谓说明 为便于您的阅读，安徽建工集 ...

RSM 容诚 募集资金年度存放和使用情况 鉴证报告 安徽建工集团股份有限公司 容诚专字[2024]230Z0751 号 容诚专字[2024]230Z0751 号 募集资金存放与实际使用情况鉴证报告 容诚会计师事务所(特殊普通合伙) 中国 · 北京 您可使用手机"扫一扫"或进入"注册会计师行业统一监管平台（http://acemo.f.gov.cn）"进行查询 " 目 录 | 序号 | 容 | 页码 | | --- | --- | --- | | | 募集资金存放与实际使用情况鉴证报告 | 1-2 | | | 募集资金存放与实际使用情况的专项报告 | 3-8 | 安徽建工集团股份有限公司全体股东: 我们审核了后附的安徽建工集团股份有限公司(以下简称安徽建工)董事会 编制的 2023 年度《募集资金存放与实际使用情况的专项报告》。 一、对报告使用者和使用目的的限定 本鉴证报告仅供安徽建工年度报告披露之目的使用,不得用作任何其他目的。 我们同意将本鉴证报告作为安徽建工年度报告必备的文件,随其他文件一起报送 并对外披露。 二、董事会的责任 按照中国证券监督管理委员会《上市公司监管指引第2号 -- 上市公司募集 资金管 ...

国元证券股份有限公司关于安徽水利开发股份有限公司 吸收合并安徽建工集团有限公司并募集配套资金暨关联交易之 2023 年度募集资金存放与使用情况的核查意见 根据中国证券监督管理委员会发布的《上市公司监管指引第2号 -- 上市公 司募集资金管理和使用的监管要求(2022年修订)(证监会公告(2022)15 号)、 《上海证券交易所上市公司自律监管指引第1号 -- 规范运作》以及《上海证券 交易所上市公司自律监管指南第1号 -- 公告格式》的相关规定,国元证券股份 有限公司(以下简称"独立财务顾问")作为安徽水利开发股份有限公司(以下 简称"安徽水利")吸收合并安徽建工集团有限公司并募集配套资金暨关联交易 的独立财务顾问,通过资料审阅、电话沟通等多种方式对安徽水利(现已更名为 "安徽建工集团股份有限公司",以下简称"安徽建工"、"上市公司"或"公司") 募集资金于 2023 年度的存放与实际使用情况进行了核查,现将核查情况及核查 意见发表如下: 一、募集资金基本情况 (一) 实际募集资金金额及资金到位时间 经中国证券监督管理委员会证监许可[2016]3191 号文核准,公司于 2017年 7 月向特定对象非发行人民 ...

证券代码：600502 证 券 简 称 ：安 徽 建 工 编 号 ：2024-009 本次利润分配以实施权益分派股权登记日登记的总股本为基数，具体日 期将在权益分派实施公告中明确。 在实施权益分派的股权登记日前公司总股本发生变动的，拟维持每股分 配比例不变，相应调整分配总额，并将另行公告具体调整情况。 本年度现金分红比例低于 30%的简要原因说明：考虑到公司所处行业特 点、自身经营模式等，公司用于维持日常经营周转的资金需求量较大，需要积累 适当的留存收益，用于公司经营与发展。 一、利润分配方案内容 安徽建工集团股份有限公司 关于 2023 年年度利润分配方案的公告 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： 每股分配比例：每 10 股派发现金红利 2.6 元（含税）。 经容诚会计师事务所（特殊普通合伙）审计，截至 2023 年 12 月 31 日，安 徽建工集团股份有限公司（以下简称"公司"）期末可供分配利润为人民币 150,629.85 万元。经董事会决议，公司 2023 年年度拟以实施权益分派股权登记 ...

2023 年度独立董事述职报告 (鲁炜) 2023年度,作为安徽建工集团股份有限公司(以下简称 "公司"）的独立董事,本人根据《公司法》《上市公司独立 董事管理办法》等法律法规和《公司章程》的有关规定,诚 信、勤勉、专业地履行岗位职责,及时、全面、深入、细致 地了解公司运营状况,按时出席相关会议,认真审议各项议 案,切实维护公司和全体股东特别是中小股东的利益。现将 本人 2023 年度履行独立董事职责情况报告如下: 一、独立董事的基本情况 (一) 独立董事简介 鲁炜,男,中国国籍,1957年生,中国科学技术大学工 学硕士、管理科学与工程博士。曾赴美国宾州大学沃顿商学 院、加拿大国际基金会/多伦多大学、澳大利亚悉尼大学商 学院及菲律宾IIRR学院进修。曾在中国科学技术大学管理学 院统计金融系任教,历任中国科学技术大学管理学院院长助 理、香港Epro科技公司独立董事、金信基金有限公司独立董 事、荃银高科股份公司独立董事。现于中国科学技术大学管 理学院任教,任法国Skema商学院(苏州校区)External教 授、国元证券股份有限公司独立董事、本公司独立董事。 （二）是否存在影响独立性的情况 公司董事会专门委员会运 ...