| 股份类别 | 股权登记日 | 最后交易日 | 除权（息）日 | 现金红利发放日 | | --- | --- | --- | --- | --- | | Ａ股 | 2024/5/23 | － | 2024/5/24 | 2024/5/24 | 差异化分红送转： 否 一、 通过分配方案的股东大会届次和日期 本次利润分配方案经公司 2024 年 4 月 18 日的 2023 年年度股东大会审议通过。 证券代码：600598 证券简称：北大荒 公告编号：2024-019 黑龙江北大荒农业股份有限公司 2023 年年度权益分派实施公告 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 A 股每股现金红利 0.44 元 相关日期 1. 发放年度：2023 年年度 2. 分派对象： 四、 分配实施办法 1. 实施办法 （1）无限售条件流通股的红利委托中国结算上海分公司通过其资金清算系统向股权登记 日上海证券交易所收市后登记在册并在上海证券交易所各会员办理了指定交易的股东派发。 已办理指定交易的投资者可于红利发 ...

Summary of the Conference Call for Beidahuang Company Company Overview - **Company**: Beidahuang - **Industry**: Agriculture and Land Management Key Financial Performance - **Revenue Growth**: Achieved a revenue of 5.04 billion yuan, representing an 18.4% year-on-year increase [2][3] - **Net Profit**: Increased by 9.1% to 1.064 billion yuan, with a non-recurring profit growth of 14.8% [2][3] - **Operating Cash Flow**: Grew by 20.2%, indicating strong cash generation capabilities [2][3] - **Earnings Per Share**: Rose to 0.598 yuan, an 8.9% increase year-on-year [2][3] - **Dividend Proposal**: Proposed a dividend of 4.4 yuan per 10 shares, totaling 780 million yuan [3] Business Segments - **Land Contract Fees**: Contributed 68.1% of total revenue with a gross margin of 51%, highlighting the company's core competitive advantage [2][3][10] - **Agricultural Product Sales**: Accounted for 13.1% of revenue but had a lower gross margin [2][10] Shareholder Structure - **Major Shareholder**: Beidahuang Agricultural Reclamation Group holds over 64% of shares, indicating strong industry backing [2][3][10] Financial Health Indicators - **Total Assets**: Reached 8.7 billion yuan with a debt-to-asset ratio of 16.1% [3][10] - **Return on Equity**: Weighted average return on equity was between 14.14% and 14.6% [2][3] Market Confidence - **Investor Sentiment**: Decrease in the number of shareholders and an increase in average market value per shareholder reflect confidence in the company's future [2][3] Strategic Discussions - **Agricultural Innovation**: Emphasis on R&D investment in agricultural technology, including soil protection and seed improvement [6][12] - **Sales Strategy**: Focus on providing quality agricultural supplies to farmers during peak seasons rather than maximizing short-term profits [7][13] - **Land Rental Policy**: Ongoing discussions regarding adjustments to land rental policies, with no clear timeline or official response from authorities [5][6][12] Challenges and Risk Management - **Agricultural Product Prices**: Despite low agricultural product prices, the company has managed to maintain stable operations without significant revenue decline [7][14] - **Real Estate Market**: Addressed potential asset impairment risks due to declining property values, with a 50% impairment noted for one property [8][14] - **Strategic Asset Disposal**: Ongoing efforts to find suitable partners for the disposal of graphite assets, with several negotiations in progress [8][14] Future Outlook - **Dividend Policy**: Commitment to maintaining a high dividend payout ratio, currently over 70%, contingent on profitability [9][14] - **Incentive Mechanisms**: Discussions on improving incentive structures based on financial performance metrics, with a cautious approach to salary adjustments [9][14] This summary encapsulates the key points discussed during the conference call, highlighting Beidahuang's financial performance, strategic initiatives, and market positioning.

Revenue and Profit Performance - Revenue for the first quarter of 2024 reached 956,190,486.30 RMB, a year-on-year increase of 10.28%[4] - Net profit attributable to shareholders of the listed company was 554,734,945.42 RMB, up 3.61% compared to the same period last year[4] - Total operating revenue for Q1 2024 reached 956,190,486.30 RMB, up from 867,078,769.89 RMB in Q1 2023[18] - Revenue for Q1 2024 reached RMB 941,744,625.65, a 8.7% increase from RMB 866,377,350.09 in Q1 2023[29] - Net profit for Q1 2024 was RMB 555,751,738.40, an increase of 3.2% compared to RMB 538,289,544.22 in Q1 2023[30] - Net profit attributable to parent company shareholders increased to 554.73 million yuan, up from 535.39 million yuan in the same period last year[21] Asset and Liability Changes - Total assets at the end of the reporting period were 14,653,306,666.61 RMB, a 68.44% increase from the end of the previous year[5] - The company's total assets increased to 14,653,306,666.61 RMB as of March 31, 2024, compared to 8,699,471,081.80 RMB at the end of 2023[15][17] - The company's monetary funds surged to 7,150,796,568.06 RMB as of March 31, 2024, from 2,370,282,191.86 RMB at the end of 2023[14] - Inventory increased significantly to 1,119,838,601.50 RMB as of March 31, 2024, compared to 244,773,037.47 RMB at the end of 2023[14] - Contract liabilities grew to 4,385,038,540.73 RMB as of March 31, 2024, up from 4,004,007.95 RMB at the end of 2023[16] - The company's total liabilities increased to 6,806,411,664.26 RMB as of March 31, 2024, compared to 1,399,107,136.98 RMB at the end of 2023[16] - Shareholders' equity attributable to the parent company rose to 8,051,666,022.38 RMB as of March 31, 2024, from 7,503,446,906.65 RMB at the end of 2023[17] - The company's total current assets increased to 9,727,607,504.92 RMB as of March 31, 2024, compared to 3,699,311,904.39 RMB at the end of 2023[15] - The company's total non-current assets decreased slightly to 4,925,699,161.69 RMB as of March 31, 2024, from 5,000,159,177.41 RMB at the end of 2023[15] - Total assets grew to RMB 14,556,273,880.66 in Q1 2024, compared to RMB 8,596,347,433.69 at the end of 2023[27] - Total liabilities increased to RMB 6,364,816,562.46 in Q1 2024, up from RMB 960,641,853.89 at the end of 2023[28] - Shareholders' equity rose to RMB 8,191,457,318.20 in Q1 2024, compared to RMB 7,635,705,579.80 at the end of 2023[28] - The company's monetary funds increased significantly to RMB 7,104,425,936.54 in Q1 2024, up from RMB 2,336,094,979.57 at the end of 2023[25] - Inventory grew to RMB 1,073,365,935.33 in Q1 2024, a substantial increase from RMB 192,814,495.27 at the end of 2023[25] Cash Flow and Operating Activities - Net cash flow from operating activities was 5,103,494,325.08 RMB, a year-on-year increase of 6.84%[4] - Operating cash flow increased to 5.10 billion yuan, up from 4.78 billion yuan in the same period last year[23] - Net cash flow from investment activities was negative RMB 320,042,825.87 in Q1 2024, an improvement from negative RMB 375,055,332.38 in the same period last year[24] - Cash outflow for investment activities totaled RMB 521,392,825.87 in Q1 2024, slightly lower than RMB 526,515,375.83 in the same period last year[24] - Operating cash flow for Q1 2024 was RMB 5,090,019,130.32, an increase of 6.3% compared to RMB 4,787,058,520.13 in Q1 2023[32] - Cash received from sales of goods and services in Q1 2024 was RMB 5,434,663,968.47, an increase of 4.6% compared to RMB 5,197,014,963.10 in Q1 2023[32] - Cash paid for goods and services in Q1 2024 was RMB 586,255,273.30, a decrease of 24.4% compared to RMB 775,175,384.99 in Q1 2023[32] - Investment cash outflow in Q1 2024 was RMB 500,000,000.00, unchanged from Q1 2023[32] - Net cash flow from financing activities in Q1 2024 was negative RMB 1,698,565.04, compared to negative RMB 518,494.33 in Q1 2023[33] - Net increase in cash and cash equivalents in Q1 2024 was RMB 4,768,329,627.91, an increase of 8.1% compared to RMB 4,411,646,895.14 in Q1 2023[33] - Ending cash and cash equivalents balance for Q1 2024 was RMB 7,101,779,809.14, a decrease of 3.5% compared to RMB 7,360,246,424.39 in Q1 2023[33] - Cash and cash equivalents increased to RMB 7,146,096,847.50 at the end of Q1 2024, up from RMB 2,363,954,313.33 at the beginning of the period[24] Earnings and Shareholder Information - Basic earnings per share (EPS) were 0.312 RMB, up 3.65% compared to the same period last year[4] - Weighted average return on equity (ROE) was 7.13%, a decrease of 0.05 percentage points[4] - The top shareholder, Beidahuang Nongken Group Co., Ltd., holds 64.14% of the company's shares[9] - The number of ordinary shareholders at the end of the reporting period was 112,188[9] - Basic earnings per share (EPS) stood at 0.312 yuan, compared to 0.301 yuan in the previous year[21] - Total comprehensive income reached 546.53 million yuan, compared to 529.56 million yuan in the previous year[21] Expenses and Income - Operating costs for Q1 2024 were 408,379,828.78 RMB, compared to 326,930,262.45 RMB in Q1 2023[18] - R&D expenses rose to 14.58 million yuan, compared to 13.39 million yuan in the previous year[19] - Management expenses increased to 102.36 million yuan, up from 88.84 million yuan in the same period last year[19] - Investment income increased to 6.14 million yuan, up from 1.81 million yuan in the same period last year[19] - Interest income rose to 28.19 million yuan, compared to 55.97 million yuan in the previous year[19] - Sales expenses increased to 11.52 million yuan, up from 6.08 million yuan in the same period last year[19] - Operating costs for Q1 2024 were RMB 292,317,799.66, up 7.8% from RMB 271,064,877.89 in Q1 2023[29] - Interest income for Q1 2024 was RMB 28,060,183.36, a decrease of 49.5% compared to RMB 55,594,656.23 in Q1 2023[30] Non-Recurring Items - Non-recurring gains and losses amounted to 1,265,082.20 RMB, primarily from government subsidies and other non-operating income[6] - The increase in total assets was mainly due to the advance collection of annual land contracting fees and agricultural service fees, leading to a significant rise in monetary funds[7]

证券代码：600598 证券简称：北大荒 公告编号：2024-018 黑龙江北大荒农业股份有限公司 2023 年年度股东大会决议公告 一、 会议召开和出席情况 | 1、出席会议的股东和代理人人数 | 14 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 1,168,428,989 | | 3、出席会议的股东所持有表决权股份数占公司有表决权股 | 65.73 | | 份总数的比例（%） | | (四) 表决方式是否符合《公司法》及《公司章程》的规定，大会主持情况等。 会议由公司董事长（代行）、总经理马忠峙先生主持，本次会议采取现场投 票与网络投票相结合的方式进行表决，会议召开及表决的方式符合《公司法》及 《公司章程》规定。 1 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。 (一) 股东大会召开的时间：2024 年 4 月 18 日 (二) 股东大会召开的地点：哈尔滨市南岗区汉水路 263 号本公司 4 楼会议室 (三) 出席会议的普通股股东和恢复表决权的优先股股东及其持有股份情况： 重要 ...

里步江分所 YUECHENG LAW FIRI 关于黑龙江北大荒农业股份有限公司 2023 年年度股东大会的法律意见书 致:黑龙江北大荒农业股份有限公司 受黑龙江北大荒农业股份有限公司(以下简称"公司")聘请,北 京岳成(黑龙江)律师事务所指派律师出席了公司 2023 年年度股东大 会,并依据《中华人民共和国公司法》(以下简称"《公司法》")《上 市公司股东大会规则》(以下简称"《股东大会规则》")《上海证券 交易所上市公司股东大会网络投票实施细则》(以下简称"《股东大会 网络投票实施细则》")及《黑龙江北大荒农业股份有限公司章程》(以 下简称"《公司章程》")的规定,我们对公司本次股东大会召集及召 开程序、会议召集人的资格、出席会议人员的资格、表决程序及表决结 果等重要事项的合法性进行了审核与见证,现出具法律意见如下: 一、公司股东大会的召集与召开程序 经本所律师查验,公司本次股东大会由公司董事会提议并召集。并 于 2024 年 03 月 29 日在上海证券交易所网站 (www.sse.com.cn)刊登了 将于 2024 年 04 月 18 日 14: 30 召开 2023 年年度股东大会公告。本次 股东 ...

黑龙江北大荒农业股份有限公司 2023 年年度股东大会会议资料 二〇二四年四月十八日 为维护投资者合法权益，确保公司股东大会顺利召开，根据《公司法》《上 市公司股东大会规则》及《公司章程》的有关规定，特制定如下会议须知，望出 席股东大会的全体人员遵照执行。 一、本次大会采取现场投票与网络投票相结合的表决方式进行。 二、出席会议的股东或其委托代理人，按其所代表的有表决权的股份数额行 使表决权，每一股份享有一票表决权。 三、本次会议现场采用记名填表投票方式表决。全部议案宣读后，开始填票 表决，由监票人收集股东大会表决票，统计现场投票结果。 四、本次会议设监票人三名，由本公司监事及股东代表担任。监票人负责议 案表决时的票权统计核实，见证律师见证统计过程。 五、会议主持人宣布现场投票表决结果，待网络投票结束后与网络投票结果 合并。合并后的表决情况和表决结果将在公司指定披露报纸和上交所网站公告。 六、出席会议人员应遵守会场纪律及股东大会议事规则，会议期间禁止大声 喧哗。 七、股东或其委托代理人有质询、意见、或建议时，应举手示意，得到会议 主持人的同意后发言。 八、股东或其委托代理人应认真审议本次会议的所有议案，行使好表 ...

Investment Rating - The investment rating for the company is "Buy" with an expected return exceeding 10% relative to the CSI 300 index over the next six months [8]. Core Insights - The company, Beidahuang (600598), reported a revenue of 5.0444 billion yuan in 2023, representing an 18.37% year-on-year growth, and a net profit attributable to shareholders of 1.064 billion yuan, up 9.07% year-on-year [1][2]. - The land leasing business generated 3.434 billion yuan in revenue, a 9.86% increase year-on-year, driven by competitive bidding and tiered pricing strategies [1]. - The company maintains a strong dividend policy, with a proposed cash dividend of 782 million yuan for 2023, reflecting a cash dividend ratio of 73.53% [2]. Summary by Sections Financial Performance - In 2023, the overall gross margin was 48.86%, a decrease of 4.19 percentage points due to increased costs from social security and agricultural maintenance [1]. - The company’s sales expense ratio was 0.73%, and R&D expense ratio was 1.78%, both showing stability [1]. - The financial expenses decreased to -168 million yuan, attributed to increased interest income [1]. Strategic and Value Attributes - Beidahuang is positioned as a leader in China's agricultural sector, contributing significantly to food security and stability in grain production [1]. - The company has a vast planting area of 10.429 million mu, producing high-quality crops such as rice, corn, and soybeans, totaling 12 billion jin [1]. - The long-term growth of domestic land rental prices has been robust, with a 194.8% increase over the past decade, indicating a strong foundation for the company's land leasing business [1][2]. Future Projections - Revenue projections for 2024 to 2026 are expected to grow to 5.4231 billion yuan, 5.7223 billion yuan, and 6.0422 billion yuan respectively, with corresponding net profits of 1.213 billion yuan, 1.204 billion yuan, and 1.278 billion yuan [6][7]. - The company is expected to maintain a high return on equity (ROE) of around 14.18% to 15.23% over the next few years [7].

公司代码：600598 公司简称：北大荒 黑龙江北大荒农业股份有限公司 2023 年度内部控制评价报告 黑龙江北大荒农业股份有限公司全体股东： 根据《企业内部控制基本规范》及其配套指引的规定和其他内部控制监管要求（以下简称企业内部 控制规范体系），结合本公司（以下简称公司）内部控制制度和评价办法，在内部控制日常监督和专项 监督的基础上，我们对公司2023年12月31日（内部控制评价报告基准日）的内部控制有效性进行了评价。 一. 重要声明 按照企业内部控制规范体系的规定，建立健全和有效实施内部控制，评价其有效性，并如实披露内 部控制评价报告是公司董事会的责任。监事会对董事会建立和实施内部控制进行监督。经理层负责组织 领导企业内部控制的日常运行。公司董事会、监事会及董事、监事、高级管理人员保证本报告内容不存 在任何虚假记载、误导性陈述或重大遗漏，并对报告内容的真实性、准确性和完整性承担个别及连带法 律责任。 公司内部控制的目标是合理保证经营管理合法合规、资产安全、财务报告及相关信息真实完整，提 高经营效率和效果，促进实现发展战略。由于内部控制存在的固有局限性，故仅能为实现上述目标提供 合理保证。此外，由于情况的变 ...

Financial Performance - The company's operating revenue for 2023 reached ¥5,044,443,383.20, an increase of 18.37% compared to ¥4,261,571,985.21 in 2022[20] - The net profit attributable to shareholders for 2023 was ¥1,063,714,016.98, reflecting a growth of 9.07% from ¥975,291,615.56 in the previous year[20] - The cash flow from operating activities for 2023 was ¥1,514,679,557.35, which is a 20.27% increase from ¥1,259,420,459.68 in 2022[20] - Basic earnings per share for 2023 were ¥0.598, an increase of 8.93% compared to ¥0.549 in 2022[22] - The weighted average return on equity for 2023 was 14.60%, up from 13.95% in the previous year, indicating improved profitability[22] - The company achieved total operating revenue of RMB 5.044 billion in 2023, an increase of RMB 783 million or 18.37% year-on-year[30] - Net profit attributable to shareholders was RMB 1.064 billion, up RMB 88 million or 9.07% year-on-year[30] - The company achieved operating revenue of 5.044 billion RMB, an increase of 18.37% year-on-year, with a net profit of 1.084 billion RMB, up 14.59% year-on-year[51] Assets and Liabilities - The total assets at the end of 2023 were ¥8,699,471,081.80, up 5.73% from ¥8,228,092,830.70 at the end of 2022[21] - The net assets attributable to shareholders increased by 4.39% to ¥7,503,446,906.65 from ¥7,187,729,581.55 in 2022[21] - The company maintained a debt-to-asset ratio of 16.08%, an increase of 0.56 percentage points from the previous year[30] - Total liabilities increased by 9.55% to ¥1,399,107,136.98, representing 16.08% of total assets[71] - The total assets increased by 5.73% to ¥8,699,471,081.80, with non-current assets accounting for 57.48%[71] Dividends and Payouts - The company plans to distribute a cash dividend of ¥4.4 per 10 shares, amounting to a total of ¥782,179,159.96, with a cash dividend payout ratio of 73.53%[5] - The cash dividend amount distributed in 2022 was CNY 782,179,159.96, representing 73.53% of the net profit attributable to ordinary shareholders in the consolidated financial statements[113] Agricultural Operations - The agricultural segment generated revenue of RMB 5.062 billion, reflecting an increase of RMB 804 million or 18.88% year-on-year[30] - The company reported a total profit of RMB 1.166 billion from its agricultural operations, an increase of RMB 79 million or 7.23% year-on-year[30] - The company implemented various measures to enhance agricultural productivity, achieving a total grain and bean output of 6 million tons (120 billion jin)[30] - The company produced 12 billion jin of high-quality crops including rice, corn, and soybeans in 2023, leveraging its geographical advantages in the Sanjiang Plain, one of the world's three major black soil belts[42] - The company has established a comprehensive agricultural technology service system with 16 agricultural technology promotion centers, enhancing its production efficiency and quality assurance[43] Research and Development - Research and development expenses increased by 22.88% to 0.896 billion RMB, driven by enhanced agricultural research efforts[54] - The company has 310 R&D personnel, making up 1% of the total workforce, with a focus on enhancing agricultural technology[67] - The company conducted over 180 technology training sessions, promoting 11 new varieties and 9 new technologies, reaching more than 20,000 participants[68] Legal and Compliance Issues - The company is involved in multiple lawsuits, with one case requiring the return of 603,553.10 yuan and another for 1,321,464.39 yuan in storage fees[151] - The company has incurred litigation costs amounting to 2,059,492.13 yuan, which includes various court fees[151] - The company is actively pursuing legal actions to recover debts and enforce judgments from previous contracts[151] - The company has faced challenges in executing court judgments, with ongoing enforcement actions still pending[153] - The company continues to monitor and manage its legal risks associated with these disputes to protect its financial interests[151] Management and Governance - The company has established a strong governance structure with a mix of internal and independent directors[96] - The total pre-tax remuneration for senior management during the reporting period amounted to 6.28 million yuan[94] - The company has established a comprehensive evaluation mechanism for senior management, linking performance assessments to rewards and penalties[115] Environmental and Safety Measures - The company has implemented environmental protection measures, including reducing chemical fertilizer usage through various agricultural techniques[122] - The company has developed emergency response plans for environmental incidents across its enterprises[120] - The company conducted 341 comprehensive safety inspections and 237 special safety inspections, identifying and rectifying 1,025 safety hazards with a 100% rectification rate[127] Future Outlook - The company expects to achieve a total operating revenue of 5.05 billion RMB and a total profit of 1.07 billion RMB in 2024, with a total grain production of 12.01 billion jin[86] - The company aims to build a new development pattern centered on "agricultural land operation + digital technology + capital operation" to enhance core competitiveness and profitability[85] - The company is actively expanding its market presence and exploring new strategies for growth[96]

黑龙江北大荒农业股份有限公司 审计报告 众环审字(2024) 1400001号 目 录 起始页码 | 审计报告 | l - ર | | --- | --- | | 财务报表 | | | 合并资产负债表 | | | 合并利润表 | 4 | | 合并现金流量表 | | | 合并股东权益变动表 | | | 资产负债表 | | | 利润表 | 9 | | | 10 | | 现金流量表 | 11 | | 股东权益变动表 | 13 | | 财务技表 付注 | | | | 129 | | 财务报表时开个允贷科 | | 审计报告 众环审字(2024) 1400001 号 黑龙江北大荒农业股份有限公司全体股东: 一、审计意见 我们审计了黑龙江北大荒农业股份有限公司(以下简称"北大荒股份公司")财务报表, 包括 2023年 12月 31 日的合并及公司资产负债表,2023年度的合并及公司利润表、合并及 公司现金流量表、合并及公司股东权益变动表以及相关财务报表附注。 我们认为,后附的财务报表在所有重大方面按照企业会计准则的规定编制,公允反映了 北大荒股份公司 2023年12月 31日合并及公司的财务状况以及 2023年度合并及公司 ...