证券代码：601058 证券简称：赛轮轮胎 公告编号：临 2025-026 赛轮集团股份有限公司 第六届董事会第二十四次会议决议公告 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、准确性和完整性承担法律责任。 2025 年 4 月 25 日，赛轮集团股份有限公司（以下简称"公司"）第六届董 事会第二十四次会议在公司会议室以现场加通讯方式召开。本次会议的通知于 2025 年 4 月 15 日以电话、电子邮件等方式送达全体董事，补充通知于 2025 年 4 月 22 日以电话、电子邮件等方式送达全体董事。会议应到董事 7 人，实到董事 7 人（其中以通讯表决方式出席 2 人）。会议由董事长刘燕华女士主持，公司总 裁及监事列席了会议。会议的召集和召开符合《公司法》及《公司章程》的有关 规定。经与会董事审议并表决，通过了以下议案： 1、《2024 年度总裁工作报告》 表决结果：同意 7 票，反对 0 票，弃权 0 票，表决通过。 2、《2024 年度董事会工作报告》 公司独立董事分别向董事会提交了《2024 年度述职报告》，并将在公司 2024 年年度股东大会上 ...

Financial Performance - In 2024, the company achieved operating revenue of CNY 31.80 billion, a year-on-year increase of 22.42%[25]. - The net profit attributable to shareholders reached CNY 4.06 billion, reflecting a growth of 31.42% compared to the previous year[25]. - The basic earnings per share increased to CNY 1.26, up 24.75% from CNY 1.01 in 2023[26]. - The total assets of the company at the end of 2024 were CNY 40.28 billion, representing a 19.45% increase from CNY 33.73 billion in 2023[25]. - The company reported a significant decline in cash flow from operating activities, with a net cash flow of CNY 2.29 billion, down 56.92% from CNY 5.31 billion in 2023[25]. - The company’s net assets attributable to shareholders increased to CNY 19.51 billion, a rise of 31.35% compared to CNY 14.85 billion in 2023[25]. - The company reported a net profit of CNY 1.03 billion in the first quarter of 2024, with a negative cash flow of CNY 104 million[29]. - The total revenue for the year reached 249,947,695 million, with a net profit margin of 1,541.35 million[174]. Dividend and Shareholder Returns - The proposed cash dividend for the 2024 fiscal year is CNY 0.23 per share, totaling CNY 756,263,059.57 (including tax), which represents 30.76% of the net profit attributable to shareholders[7]. - The total expected cash dividend for the reporting period is CNY 1,249,478,098.42, including dividends already distributed in the first three quarters of 2024[7]. - The company distributed a cash dividend of 0.15 yuan per share (including tax), totaling 493 million yuan to all shareholders for the first three quarters of 2024[170]. - The company has committed to a mid-term cash dividend authorization arrangement for 2024[183]. - The latest shareholder return plan, disclosed on December 13, 2024, outlines a commitment to enhance the sustainability and predictability of shareholder returns over a three-year cycle[200]. Audit and Compliance - The company has received a standard unqualified audit report from Zhongxinghua Accounting Firm[6]. - The board of directors and senior management have ensured the accuracy and completeness of the annual report[4]. - There are no non-operating fund occupations by controlling shareholders or related parties[9]. - The company has not reported any changes in the shareholding of independent directors during the reporting period[173]. - There were no penalties imposed by securities regulatory authorities in the past three years[183]. Research and Development - Research and development expenses increased by 20.82% to 1.013 billion yuan, indicating a strong commitment to innovation[86]. - The company has 2,008 valid patents, including 177 invention patents, showcasing its focus on technological advancement[77]. - The company emphasizes the need for continuous R&D investment to enhance product performance and develop high-end products comparable to leading brands[145]. - The R&D department is focusing on new technologies and product innovations to drive future growth[175]. - The company has established a technology R&D system for semi-steel, full-steel, and non-road tires, enhancing product competitiveness with proprietary innovations like the "Liquid Gold Tire" that optimizes rolling resistance, wet slip resistance, and wear resistance[36]. Production and Capacity - The company has planned production capacities of 27.65 million full-steel tires, 106 million semi-steel tires, and 447,000 tons of non-road tires across its global manufacturing bases[44]. - The company plans to enhance its production capacity to 21 million semi-steel radial tires and 1.65 million all-steel radial tires annually after the completion of the project in Cambodia[193]. - The company achieved a production capacity increase of 950,000 units for all-steel tires and 8 million units for semi-steel tires in 2024[125]. - The total production of tires was 7.48 million units, representing a year-on-year increase of 27.59%, while sales volume increased by 29.34% to 7.22 million units[89]. Market and Sales - The company has established a global sales network covering over 180 countries, with localized sales teams in North America and Vietnam to better meet regional customer demands[74]. - The company has entered the tire supplier lists of major automotive manufacturers, including BYD and Chery, providing tires for multiple vehicle models[40]. - The company has increased its domestic tire store count by approximately 30% by the end of 2024 compared to the beginning of the year[58]. - Revenue from the distribution channel increased by 19.52% year-on-year, totaling approximately 2.90 billion RMB[131]. - The company is actively pursuing market expansion with ongoing construction of production bases in Mexico and Indonesia[109]. Sustainability and Environmental Initiatives - The company aims to increase the sustainable material content in tire products to 40% by 2030 and 100% by 2050, with a 30% reduction in unit product energy consumption and carbon emissions by 2030[60]. - The company has established a sustainable development governance system to ensure the effective implementation of its sustainability strategy[59]. - The company aims to reduce carbon emissions by 2.33 million tons through its solar power generation, equivalent to an annual output of 43.48 million kWh[81]. - The company is committed to sustainability initiatives, aiming to reduce its carbon footprint through innovative manufacturing processes[175]. Strategic Investments and Acquisitions - The company has made equity investments totaling RMB 2,257.98 million during the reporting period, an increase of RMB 2,176.45 million compared to the same period last year[133]. - The company is actively pursuing strategic acquisitions to bolster its market position and diversify its product offerings[175]. - The company is utilizing self-raised funds for its investment projects, indicating a strong financial strategy to support growth initiatives[136]. - The company has ongoing projects in Cambodia and Mexico, including a project for 1.2 million semi-steel tires with an investment of RMB 2,247.22 million, of which RMB 798.38 million has been invested this year[136]. Risk Management - The company has established a risk management framework to address market, liquidity, credit, and operational risks associated with derivative investments[140]. - The company is closely monitoring foreign exchange fluctuations and will adjust settlement conditions and employ forward foreign exchange contracts to mitigate risks associated with currency volatility[163]. - The company faces risks from increasing international trade barriers and raw material price volatility, necessitating a proactive global strategy and close monitoring of market conditions[159][160]. Corporate Governance - The board of directors consists of 7 members, including 3 independent directors, and has established specialized committees to enhance decision-making processes[168]. - The company held 1 temporary and 1 annual shareholders' meeting in 2024, ensuring equal treatment of all shareholders and compliance with legal requirements[167]. - The company has established a compensation and assessment committee to determine the remuneration of directors and senior management based on company performance[180]. - The company has a plan for "quality improvement and efficiency recovery" for 2024, which was approved in the board meeting on April 3, 2024[183].

Financial Performance - The company's operating revenue for Q1 2025 was CNY 8,411,466,549.24, representing a 15.29% increase compared to CNY 7,295,783,650.36 in the same period last year[5]. - The net profit attributable to shareholders was CNY 1,038,524,088.04, a slight increase of 0.47% from CNY 1,033,697,939.04 year-on-year[5]. - The company reported a decrease in net profit after deducting non-recurring gains and losses, which was CNY 1,007,430,630.08, down 0.73% from CNY 1,014,867,761.74[5]. - Net profit for Q1 2025 was ¥1,062,976,708.05, up from ¥1,050,176,203.85 in Q1 2024, reflecting a growth of 1.8%[17]. - Operating profit for Q1 2025 was ¥1,184,824,359.81, slightly higher than ¥1,184,388,596.79 in Q1 2024[17]. - The total comprehensive income for Q1 2025 was ¥997,188,666.40, compared to ¥931,500,704.52 in Q1 2024, indicating an increase of 7.0%[18]. Cash Flow - The net cash flow from operating activities decreased significantly by 290.32%, amounting to -CNY 407,586,131.60, compared to -CNY 104,424,476.60 in the previous year[5][7]. - Cash inflow from operating activities for Q1 2025 was $7.57 billion, up from $6.53 billion in Q1 2024, representing an increase of approximately 15.9%[21]. - Net cash flow from operating activities for Q1 2025 was -$407.59 million, compared to -$104.42 million in Q1 2024, indicating a decline in operational cash flow[21]. - Total cash outflow for operating activities in Q1 2025 was $7.98 billion, an increase from $6.64 billion in Q1 2024, representing a rise of approximately 20.3%[21]. - Cash received from sales and services in Q1 2025 was $7.28 billion, compared to $6.29 billion in Q1 2024, marking a growth of about 15.7%[21]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 42,990,703,535.90, reflecting a 6.72% increase from CNY 40,284,983,406.79 at the end of the previous year[6]. - Total assets as of March 31, 2025, amounted to ¥42,990,703,535.90, compared to ¥40,284,983,406.79 at the end of 2024, indicating a growth of 6.7%[14]. - Current assets increased to ¥21,272,875,058.76 from ¥19,500,010,351.85, representing an increase of 9.1%[13]. - Total liabilities rose to ¥21,307,647,505.94, up from ¥19,713,262,347.72, marking an increase of 8.1%[14]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 61,667, with the largest shareholder holding 14.62% of the shares[9]. - The company’s basic earnings per share decreased by 3.03% to CNY 0.32 from CNY 0.33 in the previous year[5]. - The company reported a basic earnings per share of ¥0.32 for Q1 2025, slightly down from ¥0.33 in Q1 2024[18]. Research and Development - Research and development expenses for Q1 2025 were ¥258,923,963.81, compared to ¥219,821,604.62 in Q1 2024, reflecting a growth of 17.8%[17]. Future Plans - The company plans to focus on expanding its market presence and enhancing product development in the upcoming quarters[11].

证券代码：601058 证券简称：赛轮轮胎 公告编号：临 2025-028 赛轮集团股份有限公司 2024 年年度利润分配方案及 2025 年中期现金分红授权安排的公告 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： 每股派发现金红利0.23元（含税）。 本次利润分配以实施权益分派股权登记日登记的总股本为基数，具体日 期将在权益分派实施公告中明确。在实施权益分派的股权登记日前公司总股本发 生变动的，拟维持每股分配比例不变，相应调整分配总额，并将在相关公告中披 露。 公司未触及《股票上市规则》第9.8.1条第一款第（八）项规定的可能被 实施其他风险警示的情形。 公司提请股东大会授权董事会在满足相关条件前提下制定和实施2025年 中期（半年度、前三季度）或春节前现金分红方案。 根据《上市公司监管指引第 3 号一上市公司现金分红》及赛轮集团股份有限 公司（以下简称"公司"）《股东回报规划（2022 年-2024 年）》《2024 年度 "提质增效重回报"行动方案》等内容，公司制定了 2024 年年度利润分配方案， 并 ...

赛轮轮胎（601058）公告，2025年第一季度营收为84.11亿元，同比增长15.29%；净利润为10.39亿元， 同比增长0.47%。 ...

Group 1 - The core viewpoint is that Chinese tire companies are accelerating their overseas factory layout, expanding from Southeast Asia to diversified markets such as Europe, North America, and Africa, transitioning from scale expansion to value creation [1][2] - The average import price of semi-steel tires in the U.S. for 2024 is projected to be $62 per tire, with those from Thailand, Cambodia, and Vietnam averaging $40 per tire. The average import price for all-steel tires is $117 per tire, with those from Cambodia and Vietnam averaging around $80-85 per tire [2][3] - The imposition of a 25% tariff may further widen the price gap between Chinese tires and those from North America and Japan, thereby solidifying cost advantages for Chinese manufacturers [2][3] Group 2 - The new 25% tariff on passenger car and light truck tires under Section 232 may not significantly reduce the cost advantage of tires imported from low-cost regions compared to high-cost regions [2][3] - Historical data indicates that tariffs have not effectively increased domestic tire production in the U.S. due to high labor costs, significant investment requirements, and long construction periods [4] - The high-end market for tires presents a significant opportunity for Chinese manufacturers, allowing them to escape low-end competition and enhance profitability in markets outside the U.S. [5] Group 3 - Recommended stocks include Sailun Tire (601058.SH), Senking (002984.SZ), Linglong Tire (601966.SH), General Shares (601500.SH), Triangle Tire (601163.SH), Guizhou Tire (000589.SZ), and Wind God Shares (600469.SH) [6]

Investment Rating - The report maintains a "Buy" rating for specific companies in the chemical industry, particularly in the compound fertilizer and pesticide sectors, while recommending "Hold" for others [17]. Core Insights - The chemical industry is experiencing an optimization in supply and demand dynamics, leading to a recovery in the compound fertilizer, metal chromium, and niche pesticide markets. The report highlights investment opportunities in undervalued high-growth companies [3][4]. - The report emphasizes the positive performance of listed companies in Q1 2025, particularly in the compound fertilizer sector, and suggests focusing on companies like Xin Yang Feng, Stanley, and Yun Tu Holdings for investment opportunities [3][4]. - The report notes that metal chromium prices have surged to 75,000 CNY/ton, a week-on-week increase of 7,500 CNY/ton, driven by rising demand from the stainless steel sector and new military spending in Europe [3][4]. - The agricultural chemical market is entering its traditional peak season, with stable trading volumes for seasonal crop pesticides. Specific products like Acetochlor and Avermectin are seeing price increases, with recommendations for companies like Xian Da and Li Min [3][4]. Summary by Sections Industry Dynamics - Current macroeconomic conditions in the chemical sector indicate a stabilization in oil prices due to geopolitical factors and OPEC+ production increases, while coal prices are expected to decline in the medium term [4][6]. - The chemical industry PPI data shows a gradual recovery from negative values, with March 2025 PPI at -2.8% year-on-year, indicating a potential bottoming out of the cycle [6][8]. Fertilizer and Pesticide Sector - The report highlights that the domestic urea price is currently at 1,800 CNY/ton, with a slight week-on-week decline of 0.6%. The compound fertilizer sector is experiencing a decrease in operating rates, leading to increased inventory levels [10]. - The pesticide market is witnessing a seasonal peak, with stable trading volumes and price adjustments in various pesticide products, including a price increase for Pyrazole [10][19]. Chemical Products Pricing and Inventory Changes - The report provides detailed pricing data for various chemical products, indicating fluctuations in prices for PTA, MEG, and PVC, with specific attention to the impact of raw material costs and market demand [10][11][12]. - The report notes that the market for fluorinated chemicals is facing supply constraints due to mining restrictions, while the demand remains weak, leading to price adjustments [12][19]. Company Recommendations - The report recommends several companies for investment based on their growth potential and market positioning, including Yangnong Chemical, Runfeng Co., and Yun Tianhua in the fertilizer and pesticide sectors [17][18]. - Companies in the tire and fluorochemical sectors are also highlighted for their potential benefits from recovering domestic demand and cost reductions [3][17].

Investment Rating - The report indicates a declining trend in public fund allocation to the chemical industry, with the allocation ratio dropping to 4.1% in Q1 2025, down 1.6 percentage points year-on-year and 0.7 percentage points quarter-on-quarter, reflecting a historical low level [1][11]. Core Insights - The focus of public funds has shifted, with a notable decrease in the concentration of holdings in leading companies within the chemical sector. The top ten heavyweights' market capitalization share fell from 46.2% in Q4 2024 to 41.9% in Q1 2025 [1]. - Attention has been primarily directed towards the civil explosives and fluorochemical sectors in Q1 2025, with significant increases in holdings for companies like Guangdong Hongda and Zhenhua Co., while reductions were seen in companies such as Wanhua Chemical and Xinzhou Bang [2][3]. - The report highlights a strong interest in sectors with price increase potential, such as fluorochemicals, chromium salts, and pesticides, alongside improving supply-demand dynamics in the civil explosives sector [3]. Summary by Sections Public Fund Allocation Trends - The allocation of public funds to the chemical industry has been on a downward trajectory since Q2 2022, with the market capitalization share decreasing to 4.1% in Q1 2025, marking a significant decline from previous years [11][12]. Individual Stock Movements - Key stocks that saw increased holdings include Guangdong Hongda, Zhenhua Co., and Saint Spring Group, while major reductions were noted for Wanhua Chemical and Xinzhou Bang [2][16]. - The top ten companies by market capitalization in the chemical sector accounted for 52.2% of total holdings, a decrease of 3.3 percentage points [11][15]. Sector Performance - The report identifies the top five sectors by fund holdings in Q1 2025 as other chemical products (13.36 billion), polyurethane (5.91 billion), tires (5.18 billion), fluorochemicals and refrigerants (4.96 billion), and other chemical raw materials (3.85 billion) [24]. Investment Recommendations - The report suggests focusing on sectors with price increase potential and strong domestic demand, particularly civil explosives, while also highlighting opportunities in new materials such as AI materials [4].

赛轮集团股份有限公司 关于提供担保的进展公告 本公司及董事会全体成员保证公告内容不存在虚假记载、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。 证券代码：601058 证券简称：赛轮轮胎 公告编号：临 2025-025 重要内容提示： 本次被担保人名称：赛轮香港 本次担保金额及已实际为其提供担保的余额：公司本次为赛轮香港提供 1,750万美元连带责任担保。包含本次担保在内，公司已实际为赛轮香港提供 53.52亿元连带责任担保。 本次担保没有反担保 公司对外担保未发生逾期情形 特别风险提示：公司及控股子公司预计年度对外担保总额为272亿元，截 至本公告披露日实际发生担保额为202.88亿元，分别占公司最近一期经审计净资 产的183.13%、136.59%；公司对资产负债率超过70%的全资子公司实际发生担保 额为116.12亿元，占公司最近一期经审计净资产的78.18%。请广大投资者充分关 注担保风险。 一、担保情况概述 2024 年 12 月 13 日，赛轮集团股份有限公司（以下简称"公司"或"赛轮 集团"）召开第六届董事会第二十一次会议，审议通过了《关于 2025 年度预计对 ...

2025年全国两会期间，民营经济成为核心议题之一。政府工作报告中强调，加大对科技创新、绿色发 展、提振消费以及民营、小微企业等的支持。 作为扎根青岛的金融主力军，邮储银行青岛分行始终秉持"服务实体、惠企利民"的初心，以精准的金融 支持、创新的服务模式，为本土民营企业注入发展动能。 赛轮集团是青岛民营企业的一张"金名片"。从一家本土轮胎制造企业成长为全球轮胎行业领军者，赛轮 的发展历程离不开邮储银行青岛分行的相伴。无论是多元化的融资支持还是跨境金融服务创新，邮储银 行积极为企业破解资金难题、拓展国际市场注入强劲动能，成为金融服务实体经济、助力智造升级的生 动实践。 金融"活水"灌溉，从"青岛制造"到"世界智造" 作为青岛民营企业的标杆，赛轮集团成立20余年来，以技术创新驱动发展，成长为全球轮胎行业的技术 引领者。 赛轮集团自主研发的"液体黄金轮胎"，打破国际技术垄断，被誉为"世界橡胶轮胎工业第四个里程碑式 创新"，打破了行业"魔鬼三角"难题，其滚动阻力较传统轮胎降低30%，使用寿命延长20%，助力全球绿 色出行。 赛轮集团负责人解释道，轮胎有三个性能，它是互相排斥的，省油、耐磨、抓地力就是抗湿滑，这三个 它不可 ...