2024 年 3 月 21 日 公司研究 计提减值致盈利承压，海风加速建设有望带来改善 ——宝胜股份（600973.SH）2023 年年报点评 要点 事件：公司发布 2023 年年报，2023 年实现营业收入 437.98 亿元，同比增长 5.59%，归母净利润 0.31 亿元，同比减少 52.09%；主要因为投资收益亏损 0.42 亿元，且计提信用减值损失 1.30 亿元。2023Q4 公司实现营业收入 101.58 亿元， 同比下降 1.35%，实现归母净利润-0.62 亿元。 组织体系建设成效显著，盈利能力有望持续改善。2023 年，公司深入开展组织 体系优化工作，组建成四大事业部，并建立了完善的质量责任组织架构和质量风 险管理机制。成本管控方面，公司积极推进供应链金融业务，并首次开展年度集 采工作，有效压降原材料价格。此外，公司完成对 52 户合作外银行账户销户工 作，推动合作内银行加大综合授信额度，使用多种金融工具完成对上下游支付， 多渠道压降财务成本，公司 2023 年利息费用约 4.75 亿元，同比下降 8.81%。 公司盈利能力有望持续改善，2023 年毛利率同比上升 0.18pct 至 5. ...

Financial Performance - The company reported a net loss of ¥27,773,640.82 as of December 31, 2023, indicating no distributable profits for the year[6]. - The company’s operating revenue for 2023 was approximately ¥43.80 billion, representing a 5.59% increase from ¥41.48 billion in 2022[23]. - The net profit attributable to shareholders decreased by 52.52% to ¥31.02 million from ¥65.34 million in the previous year[23]. - The basic earnings per share (EPS) dropped by 60.00% to ¥0.02 compared to ¥0.05 in 2022[24]. - The total assets increased by 5.63% to ¥22.39 billion from ¥21.20 billion in 2022[23]. - The net cash flow from operating activities surged by 210.38% to approximately ¥1.24 billion from ¥399.68 million in the previous year[23]. - The weighted average return on equity (ROE) decreased to 0.83%, down from 1.75% in 2022, a decline of 0.92 percentage points[24]. - The company reported a significant increase in net cash flow from operating activities in Q4 2023, amounting to approximately ¥1.95 billion[26]. - The net profit attributable to shareholders in Q4 2023 was a loss of ¥61.51 million, contrasting with profits in the earlier quarters[26]. - The total net assets attributable to shareholders increased slightly by 0.30% to approximately ¥3.75 billion from ¥3.74 billion in 2022[23]. - The company achieved a total operating revenue of ¥43,798,337,481.94 in 2023, representing a year-on-year increase of 5.59%[38]. - The net profit attributable to shareholders decreased by 52.52% to ¥31,024,476.23, while the net profit excluding non-recurring items increased by 62.13% to ¥30,562,858.34[38]. Governance and Compliance - The company is committed to transparency and has ensured that all board members attended the meeting to discuss the annual report[4]. - The company has a structured governance framework, ensuring compliance with relevant laws and regulations, and maintaining independence from its controlling shareholder[89]. - The company’s board of directors consists of 11 members, including 4 independent directors, ensuring compliance with legal requirements[90]. - The company held 7 meetings of the supervisory board during the reporting period, ensuring compliance with legal and regulatory requirements[91]. - A total of 77 announcements were disclosed by the company in 2023, reflecting the company's operational status and board activities accurately[92]. - The company received regulatory letters from the Shanghai Stock Exchange and Jiangsu Securities Regulatory Bureau due to previous disclosure flaws regarding major litigation, prompting immediate corrective actions[92]. - The internal control system was established and optimized to enhance risk prevention capabilities and ensure standardized operations[92]. - The company has not faced significant differences in governance compared to legal and regulatory requirements, maintaining compliance throughout the reporting period[92]. - The company emphasizes investor relations by providing services through regular reports, announcements, and direct communication, ensuring fair treatment of all investors[92]. - The company has committed to strengthening legal and regulatory training, with monthly briefings and organized learning sessions to address past disclosure errors[152]. Strategic Initiatives and Market Position - The company aims to enhance its market position through potential new product development and technological innovations[7]. - The management highlighted the importance of maintaining shareholder interests while navigating short-term operational challenges[6]. - The company is focusing on market expansion and innovation as part of its strategic initiatives for future growth[58]. - The company plans to optimize product structure and enhance profitability by seizing opportunities in new infrastructure and renewable energy markets[85]. - The company is actively seeking to innovate its product offerings to meet changing consumer demands and market trends[100]. - Future guidance indicates a cautious optimism for revenue growth, with a focus on strategic investments and market expansion initiatives[100]. Environmental Responsibility - The company invested ¥11,235,000 in environmental protection during the reporting period[119]. - The company has established emergency response plans for environmental pollution incidents, which have been filed with local environmental protection departments[126]. - The company has implemented energy-saving projects that resulted in a reduction of CO2 emissions by 696 tons during the reporting period[134]. - The nitrogen gas protection project for wire drawing machines resulted in a reduction of natural gas consumption by approximately 170,000 cubic meters and a decrease of 333 tons of CO2 emissions[134]. - The company has continuously increased its environmental protection investments and optimized pollution control facilities[132]. - The company is committed to enhancing its green development level through the upgrade of outdated technologies across its subsidiaries[132]. Legal Matters and Litigation - The company reported a significant lawsuit involving Shenzhen Evergrande Material Equipment Co., with a claim amount of RMB 1,758,609,998.05, where the company won the first instance and the appeal was upheld[147]. - The company has faced multiple lawsuits related to commercial disputes with Shenzhen Evergrande, with amounts claimed including RMB 157,506,247.49 and RMB 188,882,848.65, both resulting in favorable outcomes for the company[147]. - The company is involved in a lawsuit where it seeks compensation from a real estate developer for damages related to a mortgage agreement[151]. - The company is awaiting a second trial regarding a compensation claim against a real estate developer, with a first-instance judgment already issued[151]. - The company has been ordered to pay 1,758,609,998.05 yuan plus overdue interest to a materials equipment company, with a limit of 99 million yuan for compensation claims[151]. Research and Development - The company completed 2,616 technical support projects across various sectors, including photovoltaic and marine engineering, and applied for 62 patents, with 42 granted[34]. - The company launched 35 technology projects, including 11 national-level projects, and received multiple awards for innovation and technology advancements[35]. - Research and development expenses rose by 6.08% to ¥748,071,031.51, indicating a focus on innovation[61]. - The total R&D investment amounted to 748,071,031.51 yuan, which is 1.71% of the operating revenue[70]. Financial Management - The total remuneration for the chairman was 0 million, while the general manager received 134.20 thousand during the reporting period[96]. - The total remuneration for all directors, supervisors, and senior management for the reporting period was 9.072004 million yuan[103]. - The company has maintained a consistent shareholding structure, with no changes in the number of shares held by key executives during the reporting period[96]. - The company has not reported any changes in major shareholders or significant share pledges during the reporting period[182]. - The company has not engaged in any share buyback activities during the reporting period[182]. Market Trends and Industry Insights - The market size of China's wire and cable industry reached approximately CNY 1.17 trillion in 2022, with an expected growth to CNY 1.20 trillion in 2023[43]. - The offshore wind power bidding scale in China reached a historical high of 25 GW in 2022, representing a significant year-on-year increase[46]. - The installed capacity of distributed photovoltaic systems in China has grown from 6.06 million kW in 2015 to over 100 million kW, with a current share of over 35% of total photovoltaic capacity[50]. - The global levelized cost of electricity for photovoltaic systems has decreased by over 90% in the past decade, making it one of the most competitive energy sources[49]. - The wire and cable industry in China is closely linked to the development of downstream sectors such as power, communication, and renewable energy, which directly influences market demand[42].

王跃堂：男，1963 年 6 月出生，博士学历，注册会计师。现任南京大学管 理学院副院长，教授，博士生导师。曾在美国康奈尔大学做访问学者，曾在香港 岭南大学从事合作研究。兼任江苏省审计学会副会长，中国实证会计研究会常务 理事。曾在国际著名学术刊物美国会计学会会刊以及国内重要学术刊物上发表论 文 40 余篇。主持国家自然基金项目、教育部十五规划项目以及财政部重点会计 课题等。曾获得中国会计学术界的三大全国性学术团体中国会计学会、中国会计 教授会、中国中青年财务成本研究会的科研奖励。 （二）独立性说明 作为公司的独立董事，本人未在公司担任除独立董事外的其他职务，直系亲 属、主要社会关系均不在公司或其附属企业任职，没有为公司或其附属企业提供 财务、法律、咨询等服务。本人具有《上市公司独立董事规则》《上海证券交易 所科创板上市公司自律监管指引第 1 号——规范运作》《公司章程》及《独立董 事工作制度》所要求的独立性和担任公司独立董事的任职资格，能够确保客观、 独立的专业判断，不存在影响独立性的情况。 二、独立董事年度履职概况 宝胜科技创新股份有限公司 独立董事 2023 年度述职报告 （王跃堂） 本人作为宝胜科技创新 ...

宝胜科技创新股份有限公司 独立董事 2023 年度述职报告 本人作为宝胜科技创新股份有限公司（以下简称"公司"）的独立董事，本 人严格按照《中华人民共和国公司法》《关于在上市公司建立独立董事制度的指 导意见》《上市公司治理准则》等规章和《公司章程》等规定，本着"恪尽职守、 勤勉尽责"的工作态度，认真出席股东大会和董事会会议，认真审议董事会各项 议案，积极参加现场考察，并基于独立立场对相关事项发表独立客观的意见，切 实维护了公司和全体股东的合法利益，对促进董事会的科学决策、公司的规范运 作和高质量发展起到了积极作用。现将 2023 年度的履职情况报告如下： 一、基本情况 （一）个人履历 张利军：男，1976 年 9 月出生，研究生学历，一级律师、建造师。现任江 苏法德东恒律师事务所执委会主席，江苏省律师协会副会长，中国国际经济贸易 仲经理委员会仲经理员；宝胜股份独立董事。 （二）独立性说明 作为公司的独立董事，本人未在公司担任除独立董事外的其他职务，直系亲 属、主要社会关系均不在公司或其附属企业任职，没有为公司或其附属企业提供 财务、法律、咨询等服务。本人具有《上市公司独立董事规则》《上海证券交易 所科创板上市 ...

（一）个人履历 宝胜科技创新股份有限公司 独立董事 2023 年度述职报告 （裴力） 本人作为宝胜科技创新股份有限公司（以下简称"公司"）的独立董事，本 人严格按照《中华人民共和国公司法》《关于在上市公司建立独立董事制度的指 导意见》《上市公司治理准则》等规章和《公司章程》等规定，本着"恪尽职守、 勤勉尽责"的工作态度，认真出席股东大会和董事会会议，认真审议董事会各项 议案，积极参加现场考察，并基于独立立场对相关事项发表独立客观的意见，切 实维护了公司和全体股东的合法利益，对促进董事会的科学决策、公司的规范运 作和高质量发展起到了积极作用。现将 2023 年度的履职情况报告如下： 一、基本情况 裴力：男，1965 年 1 月出生，博士学历。中国社会科学院大学硕士生导师、 兼职教授，大连理工大学和辽宁科技大学兼职教授。曾任中国华诚集团副总经理。 现任北京中乾证融投资管理公司执行董事，宝胜股份独立董事。 （二）独立性说明 作为公司的独立董事，本人未在公司担任除独立董事外的其他职务，直系亲 属、主要社会关系均不在公司或其附属企业任职，没有为公司或其附属企业提供 财务、法律、咨询等服务。本人具有《上市公司独立董事规则 ...

宝胜科技创新股份有限公司 独立董事 2023 年度述职报告 （路国平） 本人作为宝胜科技创新股份有限公司（以下简称"公司"）的独立董事，本 人严格按照《中华人民共和国公司法》《关于在上市公司建立独立董事制度的指 导意见》《上市公司治理准则》等规章和《公司章程》等规定，本着"恪尽职守、 勤勉尽责"的工作态度，认真出席股东大会和董事会会议，认真审议董事会各项 议案，积极参加现场考察，并基于独立立场对相关事项发表独立客观的意见，切 实维护了公司和全体股东的合法利益，对促进董事会的科学决策、公司的规范运 作和高质量发展起到了积极作用。现将 2023 年度的履职情况报告如下： 一、基本情况 （一）个人履历 路国平：男，1960 年 3 月出生，本科学历，注册会计师。现任南京审计大 学国富中审学院副院长、会计学教授、硕士生导师；宝胜股份独立董事。主要从 事财务会计理论与实务、注册会计师审计的研究。作为主要研究人员参与完成国 家社科基金项目 1 项、省部级课题研究 3 项。发表论文 20 余篇，主编《中级财 务会计》、《高级财务会计》等教材 10 余部。 （二）独立性说明 | | 参加董事会情况 | | | | | 参加股 ...

2023年度 环境、社会和治理（ESG）报告 宝胜科技创新股份有限公司 地址：江苏宝应安宜镇苏中路一号 电话：0514-88248896 网址：www.baoshengcable.com 邮箱：bszsr@baosheng.cn 目 录 CONTENT | 关于本报告 | 03 | | --- | --- | | 董事长致辞 | 05 | | 专题：党建引领，凝聚发展合力 | 07 | | 未来展望 | 69 | | 附录 | 71 | | 关键绩效表 | 71 | | 指标索引表 | 75 | | 反馈意见表 | 76 | | 走进宝胜股份 | 15 | | --- | --- | | 公司简介 | 17 | | 发展历程 | 17 | | 公司战略 | 18 | | 企业文化 | 18 | | 荣誉资质 | 19 | | 合规治理 筑牢发展根基 | 21 | | --- | --- | | ESG 管理 | 23 | | 治理架构 | 25 | | 三会协作 | 26 | | 内控建设 | 27 | | 信息披露 | 28 | | 投关管理与股东权益 | 28 | 绿色新能 助力双碳目标 29 | 环保管 ...

宝胜科技创新股份有限公司 控股股东及其他关联方占用 资金情况审核报告 大信专审字[2024]第 1-01363 号 大信会计师事务所（特殊普通合伙） WUYIGE CERTIFIED PUBLIC ACCOUNTANTS LLP. 大信会计师事务所 北京市海淀区知春路 1 号 学院国际大厦 22 层 2206 邮编 100083 WUYIGE Certified Public Accountants.LLP Room 2206 22/F, Xueyuan International Tower No.1 Zhichun Road, Haidian Dist. Beijing, China, 100083 电话 Telephone：+86（10）82330558 传真 Fax： +86（10）82327668 网址 Internet： www.daxincpa.com.cn 控股股东及其他关联方占用资金情况审核报告 大信专审字[2024]第 1-01363 号 宝胜科技创新股份有限公司全体股东： 我们接受委托，审计了宝胜科技创新股份有限公司（以下简称"宝胜股份"）的财务报 表，包括 2023 年 12 月 31 ...

独立董事候选人王益民先生的任职资格尚需上海证券交易所审核无异议后 提交公司股东大会审议。 证券代码：600973 证券简称：宝胜股份 公告编号：2024-009 宝胜科技创新股份有限公司 关于补选第八届董事会独立董事的公告 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个别及连带责任。 宝胜科技创新股份有限公司（以下简称"公司"或"宝胜股份"）独立董事 张利军先生因个人工作原因辞去公司第八届董事会独立董事及董事会审计委员 会委员职务。具体内容详见公司2023年12月12日在上海证券交易所网站 （www.sse.com.cn）披露的《关于独立董事辞职的公告》（公告编号：2023-050 号）。 2024年3月14日，公司召开第八届董事会第十次会议，审议通过了《关于补 选独立董事的议案》，经公司董事会推荐并征得被提名人本人同意，董事会提名 委员会审查通过后，董事会同意提名王益民先生（简历附后）为公司第八届董事 会独立董事候选人，任期自公司股东大会选举产生之日起至第八届董事会任期届 满之日止。如王益民先生被股东大会选举为独立董事，董事会同意补 ...

宝胜科技创新股份有限公司 内控审计报告 大信审字[2024]第 1-01093 号 大信会计师事务所（特殊普通合伙） WUYIGE CERTIFIED PUBLIC ACCOUNTANTS LLP. 大信会计师事务所 北京市海淀区知春路 1 号 学院国际大厦 22 层 2206 邮编 100083 WUYIGE Certified Public Accountants.LLP Room 2206 22/F, Xueyuan International Tower No.1 Zhichun Road, Haidian Dist. Beijing,China,100083 电话 Telephone：+86（10）82330558 传真 Fax： +86（10）82327668 网址 Internet： www.daxincpa.com.cn 内部控制审计报告 大信审字[2024]第 1-01093 号 宝胜科技创新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，我们审计了宝 胜科技创新股份有限公司（以下简称"宝胜股份"）2023 年 12 月 31 日的财务报告内部控制的 ...