Summary of the Conference Call Company Overview - The conference call focused on Su Mei Da's (苏美达) performance and strategic developments for the years 2022 and 2023, highlighting a net profit growth of 12.8% year-on-year and a cash dividend of 4.3 billion RMB, representing a payout ratio of 42.88% [2][6]. Financial Performance - The company's net profit reached approximately 1.03 billion RMB, up from 916 million RMB in the previous year, marking a growth of nearly 13% [6]. - Return on Equity (ROE) improved to 15.75%, indicating a strong financial performance amidst a challenging market environment [6]. Business Segments Supply Chain and Revenue Contribution - The supply chain segment contributed 75% of total revenue in 2023, down from 78% in 2022, while the profit contribution from the supply chain was 42% in 2022, increasing to 63% in 2023 [7]. - The company has been enhancing its industrial chain, which has shown resilience compared to competitors focused solely on bulk trade [7]. Clean Energy Sector - The clean energy segment generated approximately 2.5 billion RMB in revenue, despite significant price drops in silicon materials, which fell by 78% [8][10]. - The engineering construction business contributed around 1.5 to 1.6 billion RMB, with successful project completions in both domestic and international markets [11][12]. Advanced Manufacturing - The advanced manufacturing segment, including garden equipment and generators, generated about 3.4 billion RMB, with a notable entry into major retail chains like Costco [25][26]. - The shipbuilding sector saw a revenue contribution of approximately 4.4 billion RMB, with 66 vessels on order and a projected delivery of 24 vessels in the upcoming year [32][33]. Consumer Goods - The consumer goods segment, which includes textiles and apparel, achieved around 11 billion RMB in revenue, showing significant growth from 10.6 billion RMB in 2022 [28][29]. - The textile and apparel business alone contributed approximately 6.7 billion RMB, with a focus on sustainable materials and innovative designs [29][30]. Market Dynamics and Strategic Insights - The company is positioned to leverage its established overseas channels to help domestic firms address excess capacity issues, particularly in the context of the Belt and Road Initiative [16][44]. - Su Mei Da's diversified business model allows it to mitigate risks associated with market fluctuations, particularly in the clean energy and manufacturing sectors [16][37]. Future Outlook - The company anticipates continued growth in its clean energy and ecological environmental sectors, with a projected increase in new project signings and revenue contributions [21][22]. - The management emphasized the importance of maintaining a strong cash position, with over 10 billion RMB in cash and equivalents, to capitalize on future opportunities [58][59]. Conclusion - Su Mei Da's robust financial performance, strategic diversification across various sectors, and proactive management of market challenges position it well for future growth and resilience in a competitive landscape [6][16][28].

Summary of the Conference Call Company Overview - The conference call discusses the performance of Sumida (苏美达) for the year 2023, highlighting a net profit growth of 12.8% year-on-year and a cash dividend of 4.3 billion RMB, with a payout ratio of 42.88% [2][3]. Financial Performance - The total net profit for 2023 reached approximately 1.03 billion RMB, reflecting a growth of nearly 13% compared to 916 million RMB in the previous year [4]. - Return on Equity (ROE) improved to 15.75%, indicating a strong performance in terms of shareholder returns [4]. - The contribution of the supply chain to total revenue decreased from 78% in 2022 to 75% in 2023, while the contribution from the industrial chain increased, accounting for 63% of total profits [5][6]. Business Segments Clean Energy - The clean energy segment faced significant challenges due to market volatility, with silicon material prices dropping by approximately 78% from their peak [7][8]. - The photovoltaic module segment generated around 2.5 billion RMB in revenue, despite market pressures [8]. Engineering Construction - The engineering construction business contributed approximately 1.5 to 1.6 billion RMB in revenue, benefiting from reduced costs [9]. - Successful project completions included a 100 MW project in Qinghai and ongoing projects in Jiangsu and Jiangxi [10][11]. Advanced Manufacturing - The advanced manufacturing segment, which includes garden equipment and generators, generated about 3.4 billion RMB in revenue, with significant contributions from new product launches [18][19]. - The company is expanding its market presence in Europe, Japan, and Australia to mitigate risks from the North American market [19]. Textile and Apparel - The textile and apparel segment achieved approximately 11 billion RMB in revenue, with significant growth in school uniforms and home textiles [21][22]. - The company is focusing on sustainable materials and innovative designs to enhance profitability [22][23]. Shipping and Shipbuilding - The shipbuilding segment reported revenues of about 4.4 billion RMB, with a 24% year-on-year growth and a backlog of 66 ships [24][26]. - The company aims to deliver 24 ships in the current year, with a strong order intake exceeding expectations [26][27]. Market Outlook - The company anticipates that government infrastructure spending, supported by the issuance of special bonds, will bolster demand in the construction and manufacturing sectors [31][32]. - The management emphasized the importance of maintaining cash reserves for strategic investments and operational flexibility [43][44]. Strategic Initiatives - Sumida is leveraging its established overseas channels to assist Chinese companies in exporting excess production capacity, particularly in the context of the Belt and Road Initiative [34][35]. - The company is diversifying its product offerings and enhancing its brand presence in international markets, positioning itself similarly to Japan's major trading companies [14][38]. Conclusion - Sumida's diversified business model, strong financial performance, and strategic initiatives in clean energy, engineering, advanced manufacturing, textiles, and shipping position it well for future growth despite market challenges. The focus on sustainable practices and international expansion is expected to drive long-term value creation.

录 目 内部控制审计报告— -1 苏 美 达 股 份 有 限 公 司 内 部 控 制 审 计 报 告 天 职 业 字 [2024]1425 号 ： JT H 内部控制审计报告 天职业字[2024]1425 号 苏美达股份有限公司全体股东： 按照《企业内部控制审计指引》 及中国注册会计师执业准则的相关要求，我们审计了苏 美达股份有限公司(以下简称"苏美达公司")2023年12月 31日的财务报告内部控制的有效 性。 一、企业对内部控制的责任 按照《企业内部控制基本规范》、《企业内部控制应用指引》 及 《企业内部控制评价指引》 的规定，建立健全和有效实施内部控制，并评价其有效性是苏美达公司董事会的责任。 二、注册会计师的责任 我们的责任是在实施审计工作的基础上，对财务报告内部控制的有效性发表审计意见， 并对注意到的非财务报告内部控制的重大缺陷进行披露。 三、内部控制的固有局限 性 中国注册会计师: 内部控制具有固有局限性，存在不能防止和发现错报的可能性。此 外，由于 情况的变化 可能导致内部控制变得不恰当，或对控制政策和程序遵循的程度降低，根据内部控制审计结 果推测未来内部控制的有效性具有一定风险 。 我们认为， ...

重要内容提示： 苏美达股份有限公司 证券代码：600710 证券简称：苏美达 公告编号：2024-020 苏美达股份有限公司 关于 2024 年一季度获得政府补助情况的公告 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。 苏美达股份有限公司董事会 获得补助金额：4,521.20 万元（未经审计） 一、获得补助的基本情况 2024 年 1-3 月，苏美达股份有限公司（以下简称"公司"）及子公司累计 收到各类政府补助资金共计人民币 4,521.20 万元（未经审计），占公司最近一 期经审计归属于上市公司股东净利润的 4.39%。具体情况如下： | 序号 | 获得时间 | 补助类型 | 补助金额（万元） | 占公司最近一期经审计 净利润比例（%） | | | --- | --- | --- | --- | --- | --- | | 1 | 2024 年 1 月 | 与收益相关 | 3,778.08 | | 3.67 | | 2 | 2024 年 2 月 | 与收益相关 | 470.90 | | 0.46 | | 3 | 2024 ...

苏美达股份有限公司 关于股东股份解质押的公告 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: 苏美达股份有限公司 务。 证券代码：600710 证券简称：苏美达 公告编号：2024-021 苏美达股份有限公司 国机重工集团常林有限公司（以下简称"常林有限"）持有苏美达股份 有限公司（以下简称"公司"）股份 20,000,000 股，占公司总股本 1.53%。本 次解质押后，常林有限质押公司股份数量为 0。 本次解除质押后，公司控股股东中国机械工业集团有限公司（以下简称 "国机集团"）及一致行动人合计质押公司股份 7,000,000 股，占国机集团及一 致行动人持股比例的 1.12%，占公司总股本的 0.54%。 一、解除质押情况 公司于 2024 年 4 月 18 日接到常林有限的通知，获悉其将质押给国机财务有 限责任公司的无限售流通股 1,000 万股解除质押，具体情况如下： | 股东名称 | 国机重工集团常林有限公司 | | | | | | --- | --- | --- | --- | --- | --- ...

Financial Performance - The company achieved a compound annual growth rate (CAGR) of 23% in net profit attributable to shareholders over the past three years[4]. - The company's operating revenue for 2023 was CNY 12,298,080.96 thousand, a decrease of 12.87% compared to CNY 14,114,791.27 thousand in 2022[27]. - Net profit attributable to shareholders was CNY 102,967.48 thousand, representing a 12.80% increase from CNY 91,284.56 thousand in the previous year[27]. - The net cash flow from operating activities decreased by 55.04% to CNY 278,015.47 thousand from CNY 618,306.14 thousand in 2022[27]. - The total assets at the end of 2023 were CNY 5,231,164.72 thousand, a decrease of 1.33% from CNY 5,301,610.53 thousand at the end of 2022[27]. - Basic earnings per share increased to CNY 0.79, up 12.86% from CNY 0.70 in 2022[28]. - The weighted average return on equity rose to 15.75%, an increase of 0.42 percentage points from 15.33% in 2022[28]. - The company reported a net profit of CNY 25,268.25 thousand in Q1 2023, with total revenue of CNY 3,100,125.05 thousand for the same period[30]. - The company’s operating revenue for the reporting period was CNY 12,298,080.96, a decrease of 12.87% compared to CNY 14,114,791.27 in the same period last year[82]. - The company's operating costs decreased by 13.63% to CNY 11,598,415.45 from CNY 13,428,817.85, primarily due to fluctuations in demand for bulk commodities[82][83]. Dividend and Shareholder Returns - The profit distribution plan for 2023 proposes a cash dividend of 3.30 RMB per 10 shares, totaling approximately 431.23 million RMB based on a total share capital of 1,306,749,434 shares[9]. - The company has successfully implemented a shareholder return plan over the past three years, reinforcing its commitment to investor trust[6]. - The cash dividend for the 2022 fiscal year was set at 0.30 RMB per share, totaling 392,024,830.20 RMB, which represents 42.80% of the net profit attributable to shareholders[159]. - The total cash dividend amount for the current year is 431,227,313.22 RMB, accounting for 41.88% of the net profit attributable to ordinary shareholders[161]. Strategic Development and Innovation - The company has revised its "14th Five-Year" development plan to focus on digitalization and green development, aligning with national strategies[4]. - The company emphasizes a dual-circulation development strategy, enhancing both domestic and international market expansion[4]. - The company has maintained a focus on innovation, with significant investments in technology research and development[5]. - The company aims to create a digital-driven international supply chain, positioning itself as a benchmark enterprise in the dual circulation economy[7]. - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[37]. - The company is committed to high-quality sustainable development and has established a comprehensive risk management system[6]. Market Performance and Business Segments - The company's main business segment, the industrial chain, generated revenue of 31.32 billion yuan, a year-on-year increase of 3.27%, contributing approximately 25.47% to total revenue[41]. - The company signed new international photovoltaic project orders worth 470 million USD, a year-on-year increase of 200%[44]. - The company’s diesel generator set business saw an 88.79% increase in revenue, reaching 1.13 billion yuan, with a profit increase of 55.38%[40]. - The company’s textile and apparel business achieved a profit of approximately 620 million yuan, a year-on-year increase of about 28%[44]. - The company’s import and export total reached approximately 12.6 billion USD, with 5.06 billion USD from countries involved in the Belt and Road Initiative, accounting for 40% of total imports and exports[43]. Environmental and Social Responsibility - The company invested approximately 31.70 million yuan in environmental protection during the reporting period[168]. - The company achieved a reduction of 2,547 tons in carbon dioxide equivalent emissions through the promotion of clean energy and the establishment of a smart energy application demonstration park[187]. - The company is actively engaged in green supply chain development, focusing on the introduction of foreign green resources and the export of domestic green products[188]. - The company has established emergency response plans for environmental incidents and conducted emergency drills as required[178]. - Total investment in social responsibility activities amounted to 703,400 CNY, with 635,100 CNY in funds and 68,300 CNY in material donations[190]. Governance and Compliance - The company held three shareholder meetings during the reporting period, ensuring compliance with legal regulations and protecting shareholders' rights[130]. - The company successfully completed the election of a new board of directors, consisting of nine members, including three independent directors[131]. - The company received an A-level evaluation for information disclosure from the Shanghai Stock Exchange for three consecutive years[133]. - The company revised its governance structure to ensure clarity in responsibilities and effective checks and balances among its governance bodies[131]. - The company has not faced any major legal or regulatory discrepancies regarding corporate governance as per the requirements of the China Securities Regulatory Commission[134]. Future Outlook and Market Trends - The company plans to enhance its core competitiveness and achieve "qualitative improvement and reasonable growth" in 2024[122]. - The company aims to foster innovation in digitalization, technology, and green initiatives to strengthen its competitive edge[123]. - The company is focused on enhancing compliance and risk control systems to support high-quality business development[123]. - The global photovoltaic installed capacity is projected to increase from 1,055 GW in 2022 to 5,457 GW by 2030, indicating a significant growth opportunity in the clean energy sector[110]. - The diesel generator set industry is anticipated to maintain steady growth due to increasing electricity demand and the need for backup power in critical infrastructure[113].

苏美达股份有限公司董事会 经核查独立董事茅宁先生、李东先生、应文禄先生的 任职经历以及签署的相关自查文件，上述人员未在公司担 任除独立董事以外的任何职务，也未在公司主要股东公司 担任任何职务，与公司以及主要股东之间不存在利害关系 或其他可能妨碍其进行独立客观判断的关系，公司独立董 事在 2023 年度保持高度的独立性，其履职行为符合《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》中对独立董事独立性的相关 要求，有效地履行了独立董事的职责，为公司决策提供了 公正、独立的专业意见。 苏美达股份有限公司董事会 2024 年 4 月 11 日 关于独立董事独立性情况评估的专项报告 根据证监会《上市公司独立董事管理办法》、上海证券 交易所《股票上市规则》《上市公司自律监管指引第 1 号— —规范运作》等要求，公司董事会就公司 2023 年度任职独 立董事茅宁先生、李东先生、应文禄先生的独立性情况进 行评估并出具如下专项意见： ...

苏美达股份有限公司 2023 年度独立董事述职报告 本人茅宁，作为苏美达股份有限公司（以下简称"公司"）独立董事，根据 《中华人民共和国公司法》《上市公司独立董事管理办法》等相关法律、法规、 规范性文件及《公司章程》等内部制度的规定，忠实勤勉行使独立董事职权、履 行独立董事义务，积极出席相关会议，客观、独立、负责地参与公司决策，发挥 自身专业特长，助力推动公司高质量发展，维护公司整体利益及全体股东尤其是 中小股东的合法权益。现将 2023 年度履职情况报告如下： 一、独立董事基本情况 （一）个人工作履历、专业背景以及兼职情况 本人茅宁，博士研究生学历，财务学教授职称，具备会计专业背景。曾任七 机部第四设计部财务科会计，国防科技大学自动控制系讲师，南京大学经济决策 系讲师，南京大学工商管理系副教授，南京大学工商管理系副系主任、主任，南 京大学商学院院长助理，南京大学 EMBA 及高级经理培训中心主任，南京大学管 理学院副院长。现任南京大学工商管理系教授、博士生导师，江苏省数量经济与 管理科学学会会长，公司独立董事以及银城生活服务有限公司、江苏金智教育信 息股份有限公司、征图新视（江苏）科技股份有限公司独立董事。 ...

苏美达股份有限公司 董事会审计与风险控制委员会 对会计师事务所 2023 年度履行监督职责情况报告 根据《中华人民共和国公司法》《中华人民共和国证券法》《上市公司治理 准则》《国有企业、上市公司选聘会计师事务所管理办法》《上海证券交易所上 市公司自律监管指引第 1 号——规范运作》等规定和要求，苏美达股份有限公 司（以下简称"公司"）董事会审计与风险控制委员会本着勤勉尽责的原则，恪 尽职守，审慎履行对会计师事务所的监督职责。现将董事会审计与风险控制委 员会对会计师事务所 2023 年度履职评估及履行监督职责的情况汇报如下： 二、2023 年年审会计师事务所履职情况 在执行审计工作的过程中，天职国际就事务所和相关审计人员的独立性、 审计工作小组的人员构成、审计计划、风险判断、风险及舞弊的测试和评价方 法、年度审计重点、审计调整事项、初审意见等与公司管理层和治理层进行了 沟通。天职国际审计小组的组成人员完全具备实施本次审计工作的专业知识和 从业资格，能够胜任本次审计工作。 按照《审计业务约定书》，结合公司 2023 年年报工作安排，天职国际对公 司 2023 年度财务报告及内部控制的有效性进行了审计，同时对公司控 ...

苏美达股份有限公司 证券代码：600710 证券简称：苏美达 公告编号：2024-015 苏美达股份有限公司 关于 2024 年开展金融衍生品业务的公告 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： 为减少汇率及大宗商品价格波动对苏美达股份有限公司（以下简称"公 司"）影响，抵消全部或部分风险敞口，保障成本或利润及主营业务盈利能力， 公司及子公司拟以套期保值为目的，通过银行、大型期货公司等交易平台或机构 开展金融衍生品业务，品种主要包括外汇远期、掉期、利率互换以及热卷、螺纹 钢、铁矿石、沥青、动力煤、焦炭、棉花、原油、焦煤、玉米等。其中货币类金 融衍生品全年持仓不超过567亿元，商品类金融衍生品最大时点保证金规模合计 不超过1.42亿元。 公司第十届董事会第五会议审议通过《关于公司2024年开展金融衍生品 业务的议案》，本事项尚需提交公司年度股东大会审议。 特别风险提示：公司开展套期保值业务可以部分规避汇率、利率及价格 风险，有利于稳定公司的正常生产经营，但同时也可能存在一定风险，包括大宗 商品价格及外汇剧烈 ...