证券代码：600970 证券简称：中材国际 中国中材国际工程股份有限公司投资者沟通情况 | 活动类别 | 特定对象调研 | 现场参观 | □媒体采访 | □券商策略会 | | --- | --- | --- | --- | --- | | | □业绩说明会 | □新闻发布会 | □路演活动 | □电话会议 | | 活动时间 | 2024年5月20日-2024年5月24日 | | | | | 公司接待人员 | 副总裁郭正勇，副总裁、董事会秘书、总法律顾问范丽婷，相关工作人员 | | | | | 参与单位名称 | 广发证券、大成基金、长信基金、国海基金、国泰基金、太平养老、东北证券 | | | | | 及人员 | | | | | | 主要内容 | 一、介绍公司2024年一季度经营业绩及全年经营计划 | | | | | | 1. 2024年1-3月，新签合同额212.16亿元，同比减少2%；其中，境外合同 | | | | | | 额142.92亿元，同比增长70%；境内合同额69.24亿元，同比下降48%。截至3月 | | | | | | 末，有效结转合同额554.24亿元，为公司持续稳定发展提供保障。实现营业 ...

证券代码：600970 证券简称：中材国际 中国中材国际工程股份有限公司投资者沟通情况 | 活动类别 | 特定对象调研 | □现场参观 | □媒体采访 | 券商策略会 | | --- | --- | --- | --- | --- | | | □业绩说明会 | □新闻发布会 | □路演活动 | 电话会议 | | 活动时间 | 2024年5月13日-2024年5月17日 | | | | | 公司接待人员 | 副总裁、董事会秘书、总法律顾问范丽婷，董事会办公室相关工作人员 | | | | | | 国海证券、中邮基金、中金公司、遂玖资产、天风证券、甬兴证券、九泰基 | | | | | 参与单位名称 及人员 | 金、Cyber Atlas Capital、建信基金、太平洋证券资管、新华股份、华泰保险资管、 | | | | | | 中信证券资管、益民基金、鹏扬基金、国寿安保 | | | | | 主要内容 | 一、介绍公司2024年一季度经营业绩及全年经营计划 | | | | | | 1. 2024年1-3月，新签合同额212.16亿元，同比减少2%；其中，境外合同 | | | | | | 额142.92亿元，同比 ...

关于中国中材国际工程股份有限公司 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 二〇二四年五月 H REUTERS FI YUAN LAW OFFICES 北京 BEIJING·上海 SHANGHAI·深圳 SHENZHEN·香港 HONG KONG·广州 GUANGZHOU·西安 XI'AN 关于中国中材国际工程股份有限公司 嘉源(2024)-04-323 致:中国中材国际工程股份有限公司 受中国中材国际工程股份有限公司(以下简称"公司")委托,北京市嘉源律师 事务所(以下简称"本所")指派律师出席公司 2024年第二次临时股东大会(以下简 称"本次股东大会"),现依据《中华人民共和国公司法》《上市公司股东大会规 则》〈以下简称"《股东大会规则》"）及《中国中材国际工程股份有限公司章程》 (以下简称"公司章程")的规定,就本次股东大会的召集、召开程序,出席会议 人员资格、会议表决程序、表决结果等事项出具律师见证意见如下: 一、 本次股东大会的召集、召开程序 1、本次股东大会的召集程序 本次股东大会由公司董事会召集。本次股东大会的会议通知已于 2 ...

证券代码：600970 证券简称：中材国际 公告编号：2024-034 中国中材国际工程股份有限公司 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 | 16 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 83,870,684 | | 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（%） | 7.6089 | (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。 本次会议由公司董事会召集，以现场投票与网络投票相结合的方式召开，董 事长印志松先生主持会议，以记名投票方式表决，会议的召集、召开符合《公司 (五) 公司董事、监事和董事会秘书的出席情况 1、公司在任董事 9 人，出席 9 人； 2、公司在任监事 3 人，出席 3 人； 3、副总裁、董事会秘书兼总法律顾问范丽婷出席会议；副总裁、财务总 ...

Investment Rating - The report maintains a "Buy" rating for the company [5]. Core Views - The company is a global leader in cement technology and equipment engineering services, with a robust performance growth forecast. The company's net profit CAGR from 2021 to 2023 is expected to reach 17.4% [2]. - The engineering segment shows significant domestic replacement demand and strong overseas new construction needs, with projected annual market space of 88 billion and 207 billion for domestic replacement and technical transformation respectively from 2024 to 2025 [2]. - The operational maintenance services are expanding in both cement and mining sectors, with a projected annual market size of 400-450 billion for global spare parts and maintenance services over the next five years [2]. - The high-end equipment segment is expected to see a market space of approximately 350-400 billion globally, with the company aiming to enhance its market share following the exit of a major competitor [2]. Summary by Sections Profit Forecast - The company is projected to achieve net profits of 33.8 billion, 38.9 billion, and 44.6 billion from 2024 to 2026, with a total estimated value of 470 billion, corresponding to a fair value of 17.80 yuan per share [3]. Financial Performance - In 2023, the company reported a revenue of 457.99 billion yuan, a year-on-year increase of 6.94%. The engineering services segment contributed 266.65 billion yuan, while equipment manufacturing and operational maintenance services generated 71.76 billion and 106.00 billion yuan respectively [52]. - The company’s gross profit for 2023 was 65.86 billion yuan, with engineering services contributing 41.96 billion yuan, equipment manufacturing 23.10 billion yuan, and operational maintenance services 18.28 billion yuan [56]. Business Structure and Strategy - The company operates under a "one core, dual drive, and three industries" strategy, focusing on engineering technology services, operational maintenance, and high-end equipment manufacturing [47][48]. - The company has made strategic acquisitions to enhance its capabilities in engineering and operational maintenance, including the purchase of Nanjing Kaisheng and Beijing Kaisheng [52]. Market Position - The company holds a leading position in the global cement technology and equipment engineering market, maintaining a market share that has been the highest for 16 consecutive years [39]. - The company is actively expanding its overseas business and digital capabilities, aiming for steady growth in international revenue [47].

Summary of Conference Call on Zhongcai International's Q1 Performance and Future Plans Company and Industry Overview - **Company**: Zhongcai International, a key member of China National Building Material Group, operates in the cement, new materials, and engineering technology services sectors [12][3] - **Industry**: Cement and related industries, with a focus on international markets and overseas expansion [2][4] Key Points and Arguments Q1 Performance Highlights - Zhongcai International reported a new contract amount of 21.2 billion RMB in Q1, with overseas contracts increasing by 70% to 14.3 billion RMB, while domestic contracts fell by 48% to 6.9 billion RMB [12][4] - Effective contract turnover reached 55.4 billion RMB, showing a 1% year-on-year increase [12] - Revenue grew by 2.74% year-on-year, with net profit attributable to shareholders at 1.636 billion RMB, up 3% [12][4] Strategic Focus and Future Plans - The company aims to enhance its industrial chain through professional integration and strengthen its equipment and operation services [2][3] - Zhongcai International is committed to deepening its overseas investment layout to create more value for shareholders [2][3] - The company is exploring opportunities in the mining operation service sector, emphasizing the importance of globalization [2][6] Challenges and Responses - The company faces challenges such as currency fluctuations, particularly the depreciation of the Egyptian pound, which impacted net profit by 190 million RMB [13][7] - Measures to mitigate these impacts include adjusting contract currencies and enhancing local operations [7][19] Market Outlook - The global cement industry, excluding China, shows stable demand, particularly in developing economies, with an expected annual addition of 10 to 15 new production lines [5][14] - The potential for upgrading existing production lines is significant, with the market size for such upgrades estimated between 150 to 200 billion RMB [14] Competitive Landscape - Chinese manufacturers are gradually increasing their market share in the cement equipment market due to cost control advantages, despite facing competition from established Western firms [8][9] - The company aims to achieve at least 80% domestic market share through improved product quality and performance [8][9] Financial Management and Shareholder Returns - Zhongcai International maintains a cash dividend policy of at least 30% of distributable profits, with plans to increase this to 40% [14][12] - The company’s overseas business, particularly in equipment and operation services, is expected to contribute significantly to profit growth [10][23] Investment Strategies - The company is focusing on expanding its influence and profitability in foreign markets through acquisitions and partnerships [10][19] - The integration of Hefei Institute has strengthened the company’s position in the global EPC market [7][19] Future Growth Projections - The company targets a revenue of 60 billion RMB and a profit of 6 billion RMB, with a focus on enhancing core competitiveness through digital and high-end equipment services [18][19] - The overseas revenue contribution is expected to grow, with engineering services currently dominating the revenue mix [23] Additional Important Insights - The cement equipment market is projected to grow, with significant opportunities in energy, chemical, and environmental sectors [9][21] - The company is exploring diverse applications for its equipment, including in agriculture and waste management [9][21] This summary encapsulates the key discussions and insights from the conference call regarding Zhongcai International's performance, strategic direction, and the broader industry context.

关于调整 2023 年年度利润分配现金分红总额的公告 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： 拟 派 发 现 金 红 利 ： 由 1,056,926,969.20 元 （ 含 税 ） 调 整 为 1,056,808,707.20 元（含税） 中国中材国际工程股份有限公司（以下简称"公司"）于 2024 年 3 月 25 日、 2024 年 4 月 17 日分别召开第八届董事会第六次会议、第八届监事会第四次会议 和 2023 年年度股东大会，审议通过了《公司 2023 年度利润分配预案》。公司 2023 年度将以实施权益分派股权登记日登记的总股本为基数，向全体股东每 10 股派发现金红利 4.00 元（含税）。截至利润分配方案披露之日，公司总股本 2,642,317,423 股，以此计算合计拟派发现金红利 1,056,926,969.20 元（含税）。 如在利润分配方案披露之日起至实施权益分派股权登记日期间公司总股本发生 变动，公司拟维持每股分配比例不变，相应调整分配总额。具体情况详见公司于 2024 年 ...

证券代码：600970 证券简称：中材国际 中国中材国际工程股份有限公司投资者沟通情况 | 活动类别 | □特定对象调研 | □现场参观 | □媒体采访 | □券商策略会 | | --- | --- | --- | --- | --- | | | 业绩说明会 | □新闻发布会 | □路演活动 | 电话会议 | | 活动时间 | 2024年4月28日-2024年5月6日 | | | | | | 董事长印志松，董事、总裁朱兵，独立董事焦点，副总裁、财务总监汪源，副 | | | | | 公司接待人员 | 总裁、董事会秘书、总法律顾问范丽婷及有关部门人员。 | | | | | 参与单位名称 | 上海明河投资、南京璟恒投资、瞰道资管、国投证券股份、泓德基金、红土创新 | | | | | 及人员 | 基金、敦和资管、华西证券、中信证券、国联证券、北京鑫翰资管、鸿运私募基 | | | | | | 金、博道基金、郑州云杉投资、北京汉和资本、天风证券、光大证券、德邦证券、 | | | | | | 财通证券、深圳前海辰星私募基金、浙商证券、农银理财、上海朴信投资、长江 | | | | | | 证券、国泰君安、华西基金、华泰证 ...

中国中材国际工程股份有限公司 2024 年第二次临时股东大会材料 二〇二四年五月 北京 中国中材国际工程股份有限公司 2024 年第二次临时股东大会材料 中国中材国际工程股份有限公司 2024 年第二次临时股东大会材料目录 | 一、中国中材国际工程股份有限公司 | 2024 | 年第二次临时股东大会会 | | --- | --- | --- | | 议议程 2 | | | | 二、中国中材国际工程股份有限公司 | 2024 | 年第二次临时股东大会须 | | 知 3 | | | | 三、中国中材国际工程股份有限公司 | 2024 | 年第二次临时股东大会议 | | 案 | | | | （一）《关于公司为关联参股公司中材水泥所属赞比亚公司银行借款 | | | 1 向天山股份提供反担保的议案》...............................5 中国中材国际工程股份有限公司 2024 年第二次临时股东大会材料 六、由监票人清点表决票并宣布表决结果 中国中材国际工程股份有限公司 2024 年第二次临时股东大会会议议程 现场会议时间：2024 年 5 月 14 日下午 14:30 通过上海证券交易所交易系 ...

Investment Rating - The report maintains a "Buy" rating for the company [1][5]. Core Views - The company's revenue showed steady growth in Q1 2024, but net profit growth was impacted by foreign exchange losses due to the depreciation of the Egyptian pound. New contracts signed amounted to 21.2 billion yuan, a year-on-year decrease of 2%, although the structure of new contracts has improved with a 43% increase in production and operation service contracts [1]. - The gross profit margin continues to improve, with Q1 2024 gross and net profit margins at 19.5% and 6.6%, respectively, reflecting a year-on-year increase of 2.6% and a slight decrease of 0.1 percentage points. The company is actively expanding its overseas market, with a 70% year-on-year increase in new contracts signed abroad [1]. - The report forecasts net profits for 2024-2026 at 3.42 billion, 3.78 billion, and 4.06 billion yuan, respectively, indicating a positive outlook for profitability driven by a robust order backlog and improved contract structure [1]. Summary by Sections Financial Performance - In Q1 2024, the company achieved total revenue of 10.29 billion yuan, a year-on-year increase of 2.7%, and a net profit of 640 million yuan, up 3.1% year-on-year. The adjusted net profit increased by 12.4% [1]. - The company’s gross profit margin has been on a continuous upward trend, supported by localized operations and a focus on high-margin service and equipment businesses [1]. Profitability Forecast - The company is expected to maintain a steady growth trajectory, with net profit growth rates projected at 17.28%, 10.52%, and 7.35% for the years 2024, 2025, and 2026, respectively [3]. - The report highlights a consistent improvement in cash flow, with a net cash outflow of 1.19 billion yuan in Q1 2024, which is 800 million yuan less than the same period last year [1]. Valuation Metrics - The report provides a forecast for key financial metrics, including revenue growth rates of 14.22%, 9.64%, and 6.76% for 2024, 2025, and 2026, respectively. The P/E ratio is projected to decrease from 13 in 2022 to 8 by 2026, indicating an attractive valuation [3][8].