证券时报e公司讯，企查查APP显示，近日，宁波银石合金贸易有限公司成立，法定代表人为孙梅君， 注册资本1000万元，经营范围包含：金属材料销售；新型金属功能材料销售；超导材料销售；电子专用 材料销售等。 企查查股权穿透显示，该公司由博威合金全资持股。 ...

请务必阅读正文之后的免责声明及其项下所有内容 博威合金（601137.SH） 优于大市 前三季度归母净利润同增 39%，核心业务稳中向好 公司 2024 年前三季度营收同比+16.48%，归母净利润同比+38.81%。公司 2024 年 Q1-Q3 实现营收 145.89 亿元，同比+16.48%；实现归母净利润 10.98 亿元， 同比+38.81%；实现扣非归母净利润 10.58 亿元，同比+33.19%。其中三季度 单季实现营收 57.17 亿元，同比+19.59%，环比+30.42%；实现归母净利润 4.60 亿元，同比+38.91%，环比+22.65%。三季度公司业绩环比提升主要由于新能 源业务放量以及成本进一步下降；新材料板块 5 万吨带材项目产能利用率的 提升带来一定的量增和利增，其余品种的销量环比基本保持持平。 盈利能力有所提升，期间费用率和资产负债率保持稳定。2024Q1-Q3，公司 毛利率为 15.74%，同比提升 1.38pct；净利率为 7.52%，同比提升 1.21pct。 销售/管理/研发/财务费用率分别为 1.35%/2.63%/2.54%/0.80%，管理费用率 较 2023 ...

Investment Rating - The report maintains a "Recommended" rating for the company [4][6]. Core Views - The company's performance exceeded expectations, primarily due to strong profitability in the photovoltaic business. For the first three quarters of 2024, the company achieved revenue of 14.59 billion yuan, a year-on-year increase of 16.5%, and a net profit attributable to shareholders of 1.1 billion yuan, up 38.8% year-on-year [3]. - The copper alloy segment showed significant growth, with sales volume in the first half of 2024 reaching 113,000 tons, a year-on-year increase of 33.1%. The company expects stable sales in the third quarter of 2024 [3][4]. - The photovoltaic segment's component sales in the first half of 2024 were 973 MW, a slight decline of 8.5% year-on-year, but a significant recovery is anticipated in the third quarter [3][4]. Summary by Sections Financial Performance - For Q3 2024, the company reported revenue of 5.72 billion yuan, a year-on-year increase of 19.6% and a quarter-on-quarter increase of 30.4%. The net profit attributable to shareholders was 460 million yuan, up 38.9% year-on-year and 22.7% quarter-on-quarter [3]. - The company expects net profits for 2024-2026 to be 1.55 billion, 2.1 billion, and 2.5 billion yuan, respectively, with corresponding PE ratios of 10, 7, and 6 times [4][5]. Business Segments - The copper alloy segment is benefiting from the release of capacity from a 50,000-ton strip project, with a focus on optimizing product structure. The company is also progressing on expansion projects for special alloy electronic materials [4]. - In the photovoltaic segment, the company is expanding production capacity with projects in Vietnam and the U.S., which are expected to maintain high profitability levels [4]. Market Outlook - The report highlights that the company’s photovoltaic business has a competitive advantage in the overseas supply chain, which is expected to support sustained high profitability [4].

Investment Rating - The report maintains a "Buy" rating for the company [2]. Core Insights - The company's revenue for the first three quarters of 2024 reached 14.589 billion RMB, a year-on-year increase of 16.48%, while the net profit attributable to shareholders was 1.098 billion RMB, up 38.81% year-on-year [2]. - The growth in the new energy component business significantly contributed to the performance, with steady shipments of photovoltaic components and improved profitability [2]. - The company is expanding its production capacity in the U.S. and Vietnam, benefiting from strong demand in the U.S. solar market and tax incentives in Vietnam [2]. - The new materials business showed stable growth, particularly in the strip materials segment, which saw a significant year-on-year increase [2]. - The company announced substantial capital increases for its wholly-owned subsidiaries to enhance its photovoltaic cell and component business [2]. Financial Forecast - The company is expected to achieve revenues of 22.2 billion RMB, 24.5 billion RMB, and 24.9 billion RMB for 2024, 2025, and 2026 respectively, with net profits of 1.624 billion RMB, 1.996 billion RMB, and 2.112 billion RMB for the same years [2][4]. - The earnings per share (EPS) are projected to be 2.08 RMB, 2.55 RMB, and 2.70 RMB for 2024, 2025, and 2026 respectively, corresponding to price-to-earnings (P/E) ratios of 8.50, 6.92, and 6.54 [2][4].

| | | 公告编号：临2024-070 | | --- | --- | --- | | 证券代码：601137 债券代码：113069 | 证券简称：博威合金 债券简称：博23转债 | | 表决结果：同意 9 票，反对 0 票，弃权 0 票。 具体内容详见上海证券交易所网站（www.sse.com.cn）上披露的《博威合金关于对 全资子公司增资的公告》（公告编号：临 2024-071）。 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。 宁波博威合金材料股份有限公司（以下简称"公司"）于2024年10月24日在公司会议 室召开了第六届董事会第四次会议。本次会议应出席董事9人，实际到会董事9人，其中 董事张明先生、郑小丰先生、孟祥鹏先生、独立董事崔平女士以通讯方式参会表决；会 议由董事长谢识才先生主持，公司监事和其他高级管理人员列席会议，会议的召集和召 开符合《公司法》和《公司章程》的有关规定。参会董事对相关议案进行了充分讨论， 审议通过以下议案，形成决议如下： 一、审议通过了《宁波博威合金材料股份有限公司 2024 年第三季度 ...

| 证券代码：601137 | 证券简称：博威合金 | 公告编号：临2024-071 | | --- | --- | --- | | 债券代码：113069 | 债券简称：博23转债 | | 宁波博威合金材料股份有限公司 关于对全资子公司增资的公告 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： 增资标的名称： 1、博威合金（香港）国际贸易有限公司（以下简称"博威合金（香港）"，为本公司 全资子公司） 2、COOPER ROLLED PRODUCTS INC.（以下简称"CRP公司"，为博威合金（香港） 全资子公司） 3、博威尔特（海阳）太阳能科技有限公司（以下简称"博威尔特（海阳）"，为本公 司全资子公司博威尔特太阳能科技有限公司的全资子公司） 增资金额 博威合金（香港）：5,000 万美元（按照 2024 年 10 月 24 日美元兑人民币汇率 1:7.1286 折算，人民币金额为 35,643 万元） CRP 公司：6,000 万美元（按照 2024 年 10 月 24 日美元兑人民币汇率 1:7.128 ...

Revenue and Profit Growth - Revenue for the third quarter reached 5,716,523,205.72 yuan, a year-on-year increase of 19.59%[2] - Net profit attributable to shareholders of the listed company for the third quarter was 459,947,461.54 yuan, up 38.91% year-on-year[2] - Revenue from the beginning of the year to the end of the reporting period was 14,588,763,717.30 yuan, a year-on-year increase of 16.48%[2] - Net profit attributable to shareholders of the listed company from the beginning of the year to the end of the reporting period was 1,097,542,782.68 yuan, up 38.81% year-on-year[2] - Total revenue for the first three quarters of 2024 reached RMB 14,588,763,717.30, a 16.5% increase compared to RMB 12,524,303,047.12 in the same period of 2023[15] - Operating profit for the first three quarters of 2024 was RMB 1,235,915,189.96, up 32.3% from RMB 934,417,093.10 in the same period of 2023[15] - Net profit attributable to parent company owners for Q3 2024 was RMB 4,079,477,382.86, a 22.4% increase from RMB 3,333,173,941.68 in the previous year[13] - Net profit attributable to parent company shareholders reached 1,097,542,782.68 RMB, a significant increase from 790,687,347.12 RMB in the previous year[16] - Net profit for the first three quarters of 2024 was 447.5 million yuan, an increase from 344.05 million yuan in the same period last year[22] - Revenue for the first three quarters of 2024 was 5.89 billion yuan, up from 5.63 billion yuan in the same period last year[22] Asset and Liability Changes - Total assets as of the end of the reporting period were 17,252,836,473.72 yuan, an increase of 5.54% compared to the end of the previous year[4] - Total assets as of Q3 2024 amounted to RMB 17,252,836,473.72, a 5.5% increase from RMB 16,347,712,590.75 in the previous year[12] - Fixed assets increased to RMB 4,130,076,491.82 in Q3 2024, up 5.3% from RMB 3,923,086,643.08 in the previous year[12] - Construction in progress increased by 141.83% due to the expansion of new energy projects and the 20,000-ton special alloy electronic material wire production line[7] - Construction in progress surged to RMB 2,045,875,239.85 in Q3 2024, a 141.8% increase from RMB 845,980,837.72 in the previous year[12] - Total liabilities for Q3 2024 were RMB 9,496,273,172.47, a 2.8% increase from RMB 9,239,882,448.78 in the previous year[13] - Short-term borrowings rose to RMB 1,873,343,827.11 in Q3 2024, a 13.7% increase from RMB 1,647,506,203.40 in the previous year[12] - Total assets decreased from 10.56 billion yuan to 10.39 billion yuan compared to the previous period[20][22] - Accounts receivable increased to 931.25 million yuan from 856.04 million yuan compared to the previous period[20] - Inventory increased significantly to 1.08 billion yuan from 715.51 million yuan compared to the previous period[20] - Short-term borrowings decreased slightly to 1.15 billion yuan from 1.18 billion yuan compared to the previous period[21] - Long-term equity investments remained stable at approximately 3.79 billion yuan[20] - Total liabilities decreased from 5.41 billion yuan to 5.11 billion yuan compared to the previous period[21][22] - Shareholders' equity increased to 5.28 billion yuan from 5.15 billion yuan compared to the previous period[21][22] Cash Flow and Financial Expenses - Financial expenses increased by 1,322.48% due to exchange rate fluctuations[8] - Investment activities resulted in a net cash outflow of -170.72%, mainly due to expenditures on new energy projects and the expansion of the special alloy electronic material production line[8] - Cash flow from operating activities increased to 396,076,379.13 RMB, compared to 343,974,958.82 RMB in the prior year[18] - Cash flow from investing activities showed a net outflow of 1,284,742,483.93 RMB, a significant increase from 474,569,418.41 RMB in the previous year[19] - Cash flow from financing activities had a net outflow of 216,505,916.24 RMB, compared to a net inflow of 95,265,799.97 RMB in the prior year[19] - Cash and cash equivalents at the end of the period were 1,799,473,769.62 RMB, down from 2,894,512,277.04 RMB at the beginning of the period[19] Shareholder and Equity Information - Total number of ordinary shareholders at the end of the reporting period: 39,195[9] - Top shareholder: Boway Group Co., Ltd., holding 225,568,681 shares, accounting for 28.85% of total shares[9] - Second largest shareholder: Boway Asia Pacific Limited, holding 80,000,000 shares, accounting for 10.23% of total shares[9] - No major shareholders or top 10 shareholders participated in margin trading or securities lending business during the reporting period[10] - Total equity attributable to parent company owners reached RMB 7,756,563,301.25 in Q3 2024, a 9.1% increase from RMB 7,107,830,141.97 in the previous year[13] R&D and Operational Expenses - R&D expenses for the first three quarters of 2024 were RMB 370,729,396.84, a 20.5% increase from RMB 307,738,150.45 in the same period of 2023[15] - R&D expenses increased to 213.87 million yuan in the first three quarters of 2024, compared to 193.47 million yuan in the same period last year[22] - Sales revenue from goods and services provided was 14,231,080,857.49 RMB, an increase from 13,614,135,034.67 RMB in the previous year[18] - Payments for goods and services received were 12,958,024,998.44 RMB, up from 12,733,683,001.51 RMB in the prior year[18] - Payments to employees and for employee benefits were 764,904,896.67 RMB, compared to 674,143,836.13 RMB in the previous year[18] Comprehensive Income and Earnings - Total comprehensive income for the period was 971,801,947.23 RMB, compared to 797,101,930.10 RMB in the prior year[16] - Basic and diluted earnings per share were 1.40 RMB, up from 1.00 RMB in the previous year[18] Monetary Funds and Accounts Receivable - Monetary funds as of September 30, 2024: 2,006,057,113.55 RMB, a decrease from 3,134,261,319.49 RMB at the end of 2023[11] - Accounts receivable as of September 30, 2024: 2,198,137,816.91 RMB, an increase from 1,743,584,439.75 RMB at the end of 2023[11] - Inventory as of September 30, 2024: 5,034,152,369.67 RMB, an increase from 4,780,527,160.83 RMB at the end of 2023[11] - Other current assets as of September 30, 2024: 10,587,771,844.07 RMB, a slight increase from 10,515,949,503.29 RMB at the end of 2023[11] Revenue and Profit Drivers - The increase in revenue was mainly due to growth in new material sales and rising raw material prices[7] - The increase in net profit was primarily driven by improved profitability in the new energy and new materials sectors[7]

证券代码：601137 证券简称：博威合金 公告编号：临 2024-072 债券代码：113069 债券简称：博23转债 宁波博威合金材料股份有限公司 第六届监事会第四次会议决议公告 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、准确性和完整性承担法律责任。 宁波博威合金材料股份有限公司（以下简称"公司"）于 2024 年 10 月 24 日召开第 六届监事会第四次会议，会议应参加监事 3 名，实际参与表决监事 3 名，符合《公司法》 和《公司章程》的规定，会议召开合法有效。会议由监事会主席赵璇女士主持，与会监 事经审议，以书面表决方式通过了以下议案，形成决议如下： 监事会认为：公司 2024 年第三季度报告的编制及审议程序均符合法律、法规和公 司章程的规定；该报告的内容和格式符合中国证监会和上海证券交易所的各项规定，所 包含的信息从各个方面真实地反映出公司本报告期经营管理和财务状况；未发现参与该 季度报告编制和审议的人员有违反保密规定的行为。 具体内容详见上海证券交易所网站（www.sse.com.cn）上披露的《宁波博威合金材 料股份有限公司 202 ...

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： https://roadshow.sseinfo.com/） 会议召开方式：上证路演中心网络互动 证券代码：601137 证券简称：博威合金 公告编号：临2024-073 债券代码：113069 债券简称：博23转债 宁波博威合金材料股份有限公司 关于召开 2024 年第三季度业绩说明会的公告 投资者可于 2024 年 11 月 07 日(星期四) 至 11 月 13 日(星期三) 16:00 前登 录上证路演中心网站首页点击"提问预征集"栏目或通过公司邮箱 IR@bowayalloy.com 进行提问。公司将在说明会上对投资者普遍关注的问题 进行回答。 宁波博威合金材料股份有限公司（以下简称"公司"）已于 2024 年 10 月 25 日发布公司 2024 年第三季度报告，为便于广大投资者更全面深入地了解公司 2024 年第三季度经营成果、财务状况，公司计划于 2024 年 11 月 14 日(星期四) 上 午 10:00-11:00 举行 2024 年第三季度 ...

| 证券代码：601137 | 证券简称：博威合金 | | 公告编号：临 | 2024-069 | | --- | --- | --- | --- | --- | | 债券代码：113069 | 债券简称：博 23 | 转债 | | | 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。 宁波博威合金材料股份有限公司（以下简称"公司"）于 2024 年 10 月 18 日获悉， 公司控股股东博威集团有限公司（以下简称"博威集团"）及其一致行动人宁波博威 金石投资有限公司（以下简称"金石投资"）、谢朝春先生于 2024 年 10 月 9 日至 2024 年 10 月 18 日期间通过大宗交易方式减持其所持有的公司部分可转换公司债 券（以下简称"可转债"或"博 23 转债"）。具体情况如下： 一、股东配售可转债情况 经中国证券监督管理委员会"证监许可〔2023〕2509 号"文核准，公司于 2023 年 12 月 22 日向不特定对象发行了 1,700 万张可转换公司债券，每张面值 100 元， 发行总额 170,000.00 万元。 ...