证券代码：600586 证券简称：金晶科技 公告编号：临 2024-028 号 山东金晶科技股份有限公司 关于控股股东股份部分质押以及解除的公告 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: 股东持有上市公司股份数量及占公司总股本比例，股东持有上市公司股 份累计质押数量（含本次）及占其持股数量比例：公司控股股东山东金晶节能玻 璃有限公司持有本公司股份数量为 457,635,278 股，占公司总股本比例为 32.03%。本次质押情况变动后，山东金晶节能玻璃有限公司持有本公司股份累计 质押数量为 172,400,000 股， 占其持股数量比例 36.67%。 控股股东或第一大股东及其一致行动人（以下统称控股股东）累计质押 股份数量（含本次）占其持股数量比例达到或超过 80%的情况（如适用）：不适 用 股东所持公司 5%以上的股份出现强制平仓或者强制过户的风险（如适 用）：不适用 公司近日接到控股股东山东金晶节能玻璃有限公司通知，获悉其持有本公司 的部分股份已办理质押及解除质押登记手续，具体事项如下： 1 股东名称 ...

Investment Rating - The report maintains a "Buy" rating for the company, with a target price of 7.01 CNY, reflecting a 1.6x PB for 2024 [4][6]. Core Views - The company has demonstrated strong growth in the photovoltaic sector, while the soda ash segment faces short-term pressure. The overall net profit for the first half of the year reached 270 million CNY, a year-on-year increase of 5.23% [1]. - The glass segment has turned profitable, with a net profit of 150 million CNY, while the chemical segment has seen a decline in performance [2]. - The company benefits from an integrated advantage in the soda ash-glass industry chain, enhancing profitability through product structure adjustments [4]. Financial Performance Summary - The company achieved a total revenue of 3.55 billion CNY in the first half of the year, a year-on-year decrease of 4.44%. The net profit attributable to the parent company was 270 million CNY, up 5.23% year-on-year [1]. - The glass segment's revenue was approximately 2.35 billion CNY, remaining stable year-on-year, with a net profit of 150 million CNY, marking a turnaround from losses [2]. - The soda ash segment reported revenue of 1.639 billion CNY, down 17.8% year-on-year, primarily due to increased supply and falling prices [2]. - The overall gross margin improved to 20.09%, an increase of 3.23 percentage points year-on-year, while the net profit margin was 7.83%, a decrease of 0.73 percentage points [3]. Future Outlook - The company is expected to continue benefiting from stable growth in its photovoltaic glass and TCO glass segments, with net profit forecasts for 2024 adjusted to 501.7 million CNY [4]. - The report anticipates ongoing challenges in the soda ash market due to supply-demand imbalances, which may keep prices under pressure [2][4].

Investment Rating - The investment rating for the company is "Buy" (maintained) [5][8]. Core Views - In H1 2024, the company achieved operating revenue of 3.55 billion yuan, a year-on-year decrease of 4.4%, while the net profit attributable to shareholders was 270 million yuan, a year-on-year increase of 5.2% [2][7]. - The company is actively expanding its global customer base for TCO glass, with positive demand for overseas thin-film components, benefiting from U.S. policy support for domestic photovoltaic manufacturing [2][7]. - The prices of soda ash and glass products are in a downward volatility cycle, significantly impacting the company's performance in the short term. However, the company has high growth potential in the TCO field, with confirmed project approvals [2][8]. Financial Performance - In Q2 2024, the company reported operating revenue of 1.77 billion yuan, which was flat quarter-on-quarter, and a net profit of 100 million yuan, a quarter-on-quarter decrease of 38.8% [2][7]. - The soda ash business generated sales revenue of 1.19 billion yuan, a year-on-year decrease of 12.2%, with a gross margin of 25.7%, down 6.0 percentage points year-on-year [7]. - The glass segment, including construction and energy-saving glass, achieved revenue of 2.31 billion yuan, a year-on-year decrease of 2.0%, but with an improved gross margin of 16.3%, up 8.0 percentage points year-on-year [7]. Future Outlook - The company expects operating revenues of 8.02 billion yuan, 9.09 billion yuan, and 10.44 billion yuan for 2024, 2025, and 2026, respectively, with year-on-year growth rates of 0.6%, 13.3%, and 14.9% [8][9]. - The net profit attributable to shareholders is projected to be 500 million yuan, 600 million yuan, and 780 million yuan for the same years, with growth rates of 8.8%, 18.5%, and 30.1% respectively [8][9].

证券代码：600586 证券简称：金晶科技 公告编号：临 2024-027 关于召开 2024 年半年度业绩说明会的公告 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： https://roadshow.sseinfo.com/） 会议召开方式：上证路演中心网络互动 投资者可于 2024 年 08 月 22 日(星期四) 至 08 月 28 日(星期三)16:00 前 登录上证路演中心网站首页点击"提问预征集"栏目或通过公司邮箱 yuhaokun@cnggg.cn 进行提问。公司将在说明会上对投资者普遍关注的问题进行 回答。 山东金晶科技股份有限公司（以下简称"公司"）已于 2024 年 8 月 20 日发布 公司 2024 年半年度报告，为便于广大投资者更全面深入地了解公司 2024 年上半 年经营成果、财务状况，公司计划于 2024 年 08 月 29 日下午 16:00-17:00 举行 2024 年半年度业绩说明会，就投资者关心的问题进行交流。 一、 说明会类型 本次投资者说明会以网络互动形式召开，公司 ...

Summary of the Conference Call for Jinjing Technology's Semi-Annual Report Company Overview - **Company**: Jinjing Technology - **Date of Conference Call**: August 20, 2024 Key Points Financial Performance - **Revenue**: The company's revenue for the first half of 2024 showed a decline compared to the same period last year, primarily due to a decrease in average selling prices despite stable sales volumes in certain segments [3][6] - **Profitability**: Overall profit margins improved slightly due to a larger decrease in costs compared to the revenue decline, particularly in the chemical products segment [6][37] - **Segment Performance**: - **Glass Segment**: Revenue remained stable year-on-year, with a notable increase in gross margins by over 10% [4][11] - **Chemical Products**: Experienced a revenue decline, but gross margins improved due to significant cost reductions [6][37] - **Photovoltaic Glass**: Achieved a substantial increase in gross margins, attributed to both domestic and international sales [5][10] Market Dynamics - **Pricing Strategy**: The pricing for overseas contracts is relatively stable, with slight annual fluctuations based on long-term agreements [8][10] - **Demand Outlook**: The demand for glass products, particularly in the construction sector, remains closely tied to the real estate market, which is currently underperforming [26][27] - **Production Adjustments**: The company is considering production adjustments, including potential line switches to higher-margin products like ultra-white glass, but is cautious about market supply pressures [18][19] Industry Trends - **Capacity Management**: The industry is experiencing a gradual reduction in capacity, with some companies planning maintenance shutdowns to manage supply [22][24] - **Future Projections**: The overall market outlook remains cautious, with expectations of continued low demand in the short term, particularly influenced by real estate investment trends [43][44] Strategic Initiatives - **Acquisition**: The company has acquired a 50% stake in Saint-Gobain, which is seen as a strategic move to strengthen its market position amid a challenging industry environment [35][36] - **Product Development**: There is a focus on developing differentiated products to enhance profitability, including high-end glass products and potential overseas production capabilities [27][41] Additional Insights - **Cost Management**: The company has successfully reduced costs in raw materials, which has positively impacted profit margins despite revenue challenges [38][39] - **Long-term Vision**: The management emphasizes a commitment to innovation and adapting production lines to meet changing market demands, particularly in high-value segments [28][41] This summary encapsulates the essential insights from the conference call, highlighting Jinjing Technology's financial performance, market dynamics, strategic initiatives, and industry trends.

Investment Rating - The report maintains a "Buy" rating for Jinjing Technology (600586.SH) [2] Core Views - The company's Malaysian subsidiary has seen both volume and profit growth, benefiting from the sustained demand for photovoltaic products in the U.S. and improved raw material costs [2] - The second quarter saw a decline in gross margin due to falling soda ash prices, with a gross margin of 18.2%, down approximately 3.8 percentage points from the first quarter [2] - The report highlights the completion of the TCO coating production line upgrade and the ongoing efforts to engage with overseas customers for product validation and introduction [2] Summary by Sections Performance Overview - In the first half of 2024, the company reported revenue of 3.55 billion yuan, a year-on-year decrease of 4.4%, and a net profit attributable to shareholders of 270 million yuan, an increase of 5.2% [2] - For Q2, revenue was 1.77 billion yuan, down 2.0% year-on-year, with a net profit of 100 million yuan, a significant decline of 39.8% [2] Operational Analysis - The Malaysian subsidiary generated revenue of 286 million yuan, up 8.6% year-on-year, and net profit of 39 million yuan, up 53.2% [2] - The report notes that the decline in real estate demand has led to a drop in float glass prices, resulting in increased losses from joint ventures [2] Profit Forecast and Valuation - The report maintains profit forecasts for 2024-2026 at 510 million, 610 million, and 760 million yuan, respectively, corresponding to P/E ratios of 15, 13, and 10 [2]

证券代码：600586 证券简称：金晶科技 公告编号：临 2024—022 山东金晶科技股份有限公司 八届二十次董事会决议公告 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。 山东金晶科技股份有限公司董事会于 2024 年 8 月 7 日通过电话、邮件等方 式发出召开八届二十次董事会的通知，会议于 2024 年 8 月 17 日以现场与视频相 结合的方式在公司会议室召开，会议应出席董事 8 名，实际出席会议董事 8 名， 公司监事、高级管理人员列席本次会议，会议由公司董事长王刚先生主持，符合 《公司法》、《公司章程》的规定，经与会董事审议，一致同意通过如下事项： 一、山东金晶科技股份有限公司 2024 年半年度报告以及摘要 本议案已获得本届董事会审计委员会事前认可并同意提交八届二十次董事 会审议。 详见公告编号为临 2024-026 的临时公告《山东金晶科技股份有限公司关于 财务总监退休离任以及聘任财务总监的公告》。 特此公告 二、山东金晶科技股份有限公司关于全资孙公司申请银行授信的议案 同意 8 票，反对 0 票，弃权 0 ...

证券代码：600586 证券简称：金晶科技 公告编号：临 2024-024 山东金晶科技股份有限公司 关于全资孙公司申请银行授信的公告 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。 山东金晶科技股份有限公司（以下简称"公司"）于 2024 年 8 月 17 日召开的 八届二十次董事会审议通过了《山东金晶科技股份有限公司关于全资孙公司申请 银行授信的议案》。现将相关内容公告如下： 一、本次申请授信额度的情况 为保证公司正常生产经营需要，公司全资孙公司滕州金晶新材料有限公司、 滕州金晶玻璃有限公司拟申请银行综合授信，该银行授信主要用于原材料的采购、 补充流动资金等，授信额度不等于公司的实际融资金额，实际融资金额应以各银 行与公司实际发生的融资金额为准。本次拟申请情况如下： | 单位名称 | 银行名称 | 新增授信（万元） | | --- | --- | --- | | 滕州金晶新材料有限公司 | 威海银行滕州支行 | 6000 | | 滕州金晶玻璃有限公司 | 北京银行济南分行 | 10000 | | 滕州金晶玻璃有限公司 | ...

关于财务总监退休离任以及聘任财务总监的公告 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。 证券代码：600586 证券简称：金晶科技 公告编号：临 2024-026 山东金晶科技股份有限公司 一、财务总监退休离任情况 1、公司董事会于 2024 年 8 月 17 日收到财务总监栾尚运先生递交的退休离 任报告。栾尚运先生因达到法定退休年龄，申请退休离任辞去公司财务总监职务。 根据相关法律法规及《公司章程》的规定，栾尚运先生的退休离任报告自送达公 司董事会之日起生效。退休离任后，栾尚运先生不再担任公司任何职务。 2、截至本公告披露日，栾尚运先生持有公司股份 10800 股，其持有公司股 份将严格遵守《上市公司董事、监事和高级管理人员所持本公司股份及其变动管 理规则》、《上海证券交易所上市公司自律监管指引第 15 号——股东及董事、监 事、高级管理人员减持股份》等法律法规中有关上市公司离任高级管理人员减持 股份的规定。 公司及公司董事会对栾尚运先生在任职期间为公司所做的工作表示由衷的 感谢！ 二、公司财务总监聘任情况 根据《公司法 ...

证券代码：600586 证券简称：金晶科技 公告编号：临 2024—023 特此公告 山东金晶科技股份有限公司 八届十次监事会决议公告 1、2024 年半年报编制和审议程序符合法律、法规、公司章程和公司内部管 理制度的各项规定； 2、2024 年半年报的内容和格式符合中国证监会和证券交易所的各项规定， 所包含的信息能够从各个方面真实地反映出公司当年度的经营管理和财务状况 等事项； 3、参与半年报编制和审议的人员有没有违反保密规定的行为。 同意 5 票，反对 0 票，弃权 0 票 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、准确性和完整性承担个别及连带责任。 山东金晶科技股份有限公司监事会于 2024 年 8 月 7 日以电话方式发出召开 八届十次监事会的通知，会议于 2024 年 8 月 17 日以现场会议的方式在公司会议 室召开，会议应到监事 5 名，实到监事 5 名，会议由监事会主席蒋永蕊先生主持， 符合《公司法》和《公司章程》的规定，经与会监事审议，一致形成如下决议： 审议通过了山东金晶科技股份有限公司 2024 年半年度报告以及摘要的议案， 并 ...