Investment Rating - The report maintains a "Recommendation" rating for the company, indicating expected performance to be better than the market by 10% to 20% over the next six months [3][8]. Core Views - The company achieved a revenue of 77.29 billion yuan in the first half of 2024, a year-on-year increase of 0.4%, and a net profit attributable to shareholders of 2.86 billion yuan, up 0.8% year-on-year [4]. - The company has successfully expanded its customer base outside of SAIC, mitigating the decline in sales from SAIC-related clients, with 62% of its revenue coming from non-SAIC customers in the first half of 2024 [5][6]. - Cost control measures have been effectively implemented, with management and R&D expenses reduced by 3.5 billion yuan and 5.5 billion yuan respectively compared to the previous year, contributing to stable core business profitability [6]. Summary by Sections Financial Performance - In the first half of 2024, the company's main business revenue reached 73.69 billion yuan, with a gross profit margin of 12.1%, down 1.1 percentage points year-on-year, leading to a gross profit decline of 780 million yuan [4]. - The second quarter saw a revenue of 40.27 billion yuan, with a quarter-on-quarter growth of 8.8% and a net profit of 1.6 billion yuan, reflecting a significant increase of 26.7% quarter-on-quarter [4]. Revenue and Profit Forecast - The revenue forecast for 2024 to 2026 has been adjusted to 58.8 billion yuan, 64.3 billion yuan, and 70.9 billion yuan respectively, reflecting a downward revision due to short-term sales pressures from SAIC clients [8]. - The company is positioned as a leading player in the automotive parts industry, with strong bargaining power in the supply chain and a notable market position [8]. Customer Base and Market Strategy - The company has diversified its customer base, with significant contributions from new clients such as Seres, which has seen strong sales of its AITO series, helping to offset declines from traditional SAIC clients [5][6]. - The strategic focus on expanding outside of SAIC has proven effective in maintaining revenue stability despite challenges in the core customer segment [8].

证券代码：600741 证券简称：华域汽车 公告编号：临 2024－028 华域汽车系统股份有限公司 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： 华域汽车系统股份有限公司（以下简称"公司"）于 2024 年 8 月 29 日发布了公司 2024 年半年度报告。为使投资者更加全面、深入地 了解公司的经营成果、财务状况，公司计划于 2024 年 9 月 6 日上午 11:00~12:00 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。 会议召开时间： 2024 年 9 月 6 日（星期五）上午 11:00~12:00 会议召开地点： 上 海 证 券 交 易 所 上 证 路 演 中 心 （ 网 址 ： http://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 8 月 30 日（星期五）至 9 月 5 日（星期四） 下午 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 ...

为落实国务院《关于进一步提高上市公司质量的意见》要求， 响应上海证券交易所《关于开展沪市上市公司"提质增效重回报" 专项行动的倡议》，践行"以投资者为本"的理念，华域汽车系统 股份有限公司（以下简称"公司"） 围绕创新增效、回报股东、 增进沟通、规范运作等方面，制定了 2024 年度"提质增效重回报" 行动方案，以进一步推动公司高质量发展和投资价值提升，切实 维护全体股东合法权益，方案具体如下： 一、创新增效，不断增强公司核心竞争力 公司在"十四五"规划中，明确提出："积极把握全球汽车行 业'新四化'变革，聚焦'数字化转型'和' 智能化升级'，择优汰劣 进一步打造核心主业，形成软硬兼备的集成能力，覆盖品价皆优 的客户群体，完善全球融合的运营体系，树立智能制造的示范标 杆，努力把华域汽车建设成为全球领先的独立供应汽车零部件系 统公司"的发展思路和目标。2024 年，公司围绕该目标将重点推 进以下工作： 证券代码：600741 证券简称：华域汽车 公告编号：临 2024-027 华域汽车系统股份有限公司 2024 年度"提质增效重回报"行动方案 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 ...

证券代码：600741 证券简称：华域汽车 公告编号：临 2024-025 华域汽车系统股份有限公司 第十届董事会第十四次会议决议公告 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、准确性和完整性依法承担法律责任。 华域汽车系统股份有限公司第十届董事会第十四次会议于 2024 年 8 月 27 日以通讯表决方式召开。本次会议通知已于 2024 年 8 月 16 日以电子邮件等方式送达。会议应参加表决董事 9 名，实际收到 9 名董事的有效表决票。会议符合《公司法》及《公司章程》的有关规 定。经审议，本次会议通过决议如下： 一、《公司 2024 年半年度报告及摘要》； 本议案会前已经公司董事会审计委员会审议通过。 （同意 9 票，反对 0 票，弃权 0 票） 详见上海证券交易所网站 http://www.sse.com.cn。 二、《关于"上海汽车集团财务有限责任公司 2024 年半年度风险 持续评估报告"的议案》； 本议案会前已经公司独立董事专门会议审议通过。 （本议案涉及控股股东下属的关联企业，关联董事王晓秋先生、 贾健旭先生、华恩德先生回避表决。其余 ...

Financial Performance - The company's operating revenue for the first half of 2024 was approximately RMB 77.29 billion, a 0.42% increase compared to RMB 76.97 billion in the same period last year[22]. - The net profit attributable to shareholders for the first half of 2024 was approximately RMB 2.86 billion, reflecting a 0.76% increase from RMB 2.84 billion in the previous year[22]. - The net profit after deducting non-recurring gains and losses was approximately RMB 2.61 billion, which is a 9.13% increase from RMB 2.39 billion in the same period last year[22]. - The weighted average return on equity decreased to 4.84%, down 0.36 percentage points from 5.20% in the previous year[21]. - The net cash flow from operating activities for the first half of 2024 was approximately RMB 5.08 billion, a 3.58% increase from RMB 4.90 billion in the same period last year[22]. - The total assets at the end of the reporting period were approximately RMB 178.34 billion, an increase of 1.28% from RMB 176.10 billion at the end of the previous year[22]. - The net assets attributable to shareholders at the end of the reporting period were approximately RMB 58.05 billion, a 0.49% increase from RMB 57.77 billion at the end of the previous year[22]. - The basic earnings per share for the first half of 2024 was RMB 0.908, a slight increase of 0.78% from RMB 0.901 in the same period last year[21]. Market and Business Operations - The company’s revenue from domestic customers decreased by 0.20%, while revenue from international markets increased by 6.52%[39]. - The market share of new energy vehicles reached 35.2% in the first half of 2024, with production and sales of 4.929 million and 4.944 million units respectively, representing a year-on-year growth of 30.1% and 32%[28]. - Over 50% of the new business lifecycle orders were from domestic independent brands, and over 70% were related to new energy vehicle models[33]. - The company has established 100 production and manufacturing bases globally, enhancing its local R&D and supply capabilities[31]. - The company has formed long-term partnerships with major domestic automakers, including Tesla Shanghai and BYD, contributing to a 19% year-on-year increase in sales from the top ten non-SAE customers[34]. - The company is focusing on cost reduction and efficiency improvement measures to maintain stable profitability amid intense market competition[35]. Financial Management - The company's financial expenses increased by ¥1.18 billion, mainly due to increased exchange losses caused by currency fluctuations[41]. - The company reported a net cash outflow from investing activities of ¥302.33 million, which is a 48.29% improvement compared to a net outflow of ¥584.62 million in the previous year[41]. - The company’s R&D expenses decreased by 15.77% to approximately ¥2.95 billion from ¥3.51 billion in the previous year[41]. - The company’s short-term borrowings increased by 2.87% to ¥10.94 billion, compared to ¥10.64 billion in the previous year[43]. - The company has not disclosed any new employee incentive plans or stock ownership plans, indicating a potential area for future development[72]. Environmental and Sustainability Initiatives - The company has implemented various measures to reduce carbon emissions, including green product design and clean energy alternatives, aligning with national "dual carbon" policies[112]. - Shanghai Yanfeng Jinqiao Automotive Trim Systems Co., Ltd. has achieved national-level green factory status, while other subsidiaries have also received regional green factory certifications[112]. - The company has installed a cumulative photovoltaic capacity of 22.13 MW across multiple bases, contributing to its renewable energy initiatives[113]. - The company emitted a total of 1.65 tons of non-methane total hydrocarbons from January to June 2024[79]. - The company disposed of 327.38 tons of hazardous waste through qualified third-party services from January to June 2024[79]. Strategic Outlook and Future Plans - The company plans to conduct financial derivatives business within a limit of USD 611.157 million or equivalent foreign currency, focusing on forward foreign exchange contracts[60]. - The company anticipates that the domestic and international automotive markets will face multiple factors affecting macroeconomic conditions, consumer environments, and inflation expectations, leading to potential fluctuations in production and sales volumes[62]. - The company aims to enhance its international operational capabilities to meet the demands of global automotive supply chains and navigate risks associated with currency policies and trade barriers[63]. - The company is committed to accelerating product structure adjustments and technological innovation to align with the evolving automotive industry trends[63]. - The company has set a future outlook with a revenue target of 320 billion CNY for the full year 2024, which would require a growth rate of approximately 10% in the second half[120]. Shareholder and Corporate Governance - The company held three shareholder meetings in 2024, with attendance representing 67.21%, 68.90%, and 64.69% of total shares, respectively, indicating strong shareholder engagement[68]. - The company has experienced significant management changes, including the appointment of Wang Xiaoqiu as chairman and Xu Ping as general manager following the retirement of previous executives[70]. - The company maintains a good integrity status, with no significant debts or court judgments unfulfilled by the controlling shareholder[117]. - The report indicates that there were no changes in the controlling shareholder or actual controller during the reporting period[152]. - The company has not engaged in any significant related party transactions during the reporting period[142].

华域汽车系统股份有限公司 上海汽车集团财务有限责任公司（以下简称：上汽财务公司）设 立于 1994 年 4 月，是经中国人民银行批准成立的非银行金融机构。 公司注册资本人民币 153.80 亿元（含 1000 万美元），由上海汽车集 团股份有限公司、上海汽车工业销售有限公司分别持股 98.999%、 1.001%。 金融许可证机构编码：L0038H231000001 关于对上海汽车集团财务有限责任公司的 风险评估报告 （2024 年上半年） 华域汽车系统股份有限公司按照《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》的要求，通过查验上海汽车集 团财务有限责任公司（以下简称"上汽财务公司"）《金融许可证》、 《企业法人营业执照》等证件资料，审阅上汽财务公司 2024 年上半 年相关财务报表，对上汽财务公司的经营资质、业务和风险状况进行 了评估，具体情况报告如下： 一、上海汽车集团财务有限责任公司基本情况 企业法人营业执照统一社会信用代码：913101151322268960 1 注册资本：人民币 153.80 亿元 法定代表人：王晓秋 注册地址及邮政编码：中国（上海）自由贸易试验区华京路 8 ...

公司 2024 年半年度报告的编制以及董事会审议程序符合国家法 律法规、《公司章程》和公司内部管理制度的相关规定；公司 2024 年 半年度报告的主要内容和格式符合中国证监会和上海证券交易所的 相关规定，报告中所载内容反映了报告期公司的财务状况和经营业 绩；没有发现参与 2024 年半年度报告编制和审议的人员有违反保密 规定的行为。 （同意 3 票，反对 0 票，弃权 0 票） 二、《公司 2024 年半年度内部控制评价报告》。 证券代码：600741 证券简称：华域汽车 公告编号：临 2024－026 华域汽车系统股份有限公司 第十届监事会第十三次会议决议公告 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、准确性和完整性依法承担法律责任。 华域汽车系统股份有限公司第十届监事会第十三次会议于 2024 年 8 月 27 日以通讯表决方式召开。本次会议通知已于 2024 年 8 月 16 日以电子邮件等方式送达。会议应参加表决监事 3 名，实际收到 3 名监事的有效表决票，会议符合《公司法》及《公司章程》的有关规 定。经审议，本次会议通过决议如下： 一、《 ...

北京市嘉源律师事务所 关于华域汽车系统股份有限公司 2024 年第二次临时股东大会的 法律意见书 西城区复兴门内大街 158 号远洋大厦 4 楼 中国 · 北京 北京市嘉源律师事务所 关于华域汽车系统股份有限公司 T EUTLE : 177 2024年第二次临时股东大会的 北京 BEIJING · 上海 SHANGHAI · 深圳 SHENZHEN · 香港 HONG KONG · 广州 GUANGZHOU · 西安 XI'AN 致:华域汽车系统股份有限公司 法律意见书 嘉源(2024)-04-603 北京市嘉源律师事务所(以下简称"本所")接受华域汽车系统股份有限公 司(以下简称"公司")的委托,根据《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》")等现行有效 的法律、行政法规、部门规章、规范性文件(以下简称"法律法规")以及《华 域汽车系统股份有限公司章程》(以下简称"《公司章程》")的有关规定,指派本 所律师对公司 2024年第二次临时股东大会(以下简称"本次股东大会")进行见 证,并依法出具本法律意见书。 为出具本法律意见书,本所指派律师现场见 ...

证券代码：600741 证券简称：华域汽车 公告编号：临 2024-024 华域汽车系统股份有限公司 2024 年第二次临时股东大会决议公告 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。 重要内容提示： 本次会议是否有否决议案：无 一、 会议召开和出席情况 | 1、出席会议的股东和代理人人数 | 400 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 2,039,382,881 | | 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 | | | 份总数的比例（%） | 64.6864 | (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。 本次股东大会采用现场投票和网络投票相结合的方式进行表决,符合《公司 法》及《公司章程》的规定，大会由公司董事会依法召集，董事长王晓秋先生因 (一) 股东大会召开的时间：2024 年 8 月 6 日 (二) 股东大会召开的地点：上海汽车集团股份有限公司培训中心（上海市虹 口区同嘉路 79 号）3 号楼 3 楼报告厅 (三) ...

华域汽车系统股份有限公司 2024 年第二次临时股东大会资料 华域汽车系统股份有限公司 2024 年第二次临时股东大会资料 2024 年 8 月 6 日 三、股东要求提问的，可在预备会议时向大会秘书处登记， 并填写提问登记表。公司将统一回答股东提出的问题，如问题涉 及与本次股东大会议题无关或将泄露公司商业秘密或有损公司、 股东共同利益等方面，公司一时无法回答的请予谅解。股东如发 言，时间原则上不超过 5 分钟。为提高大会议事效率，在股东就 本次会议议案相关的问题回答结束后，即可进行大会表决。 四、本次股东大会谢绝个人进行摄影、摄像和录音。参会人 员应尊重公司及其他参会人员的名誉权、肖像权等相关权利，未 经许可不得擅自传播会议视频、图片等信息。 五、股东大会采取记名方式投票表决。本次股东大会采用现 场投票和网络投票相结合的表决方式。公司通过上海证券交易所 网络投票系统向公司股东提供网络形式的投票平台，股东可以在 网络投票时间内通过上述系统行使表决权。本次股东大会表决结 1 华域汽车系统股份有限公司 2024 年第二次临时股东大会资料 华域汽车系统股份有限公司 2024 年第二次临时股东大会会议须知 为了维护投资 ...