证券代码：601311 证券简称：骆驼股份 公告编号：临2025-006 骆驼集团股份有限公司 2024年度利润分配预案公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，对公告的 虚假记载、误导性陈述或重大遗漏负连带责任。 重要内容提示： 每股分配比例 每股派发现金红利 0.29 元（含税）。 公司拟向全体股东每 10 股派发现金红利 2.90 元（含税），剩余未分配利润 结转以后年度分配。截至 2025 年 3 月 31 日，公司总股本为 1,173,146,118 股， 以此为基数计算，合计拟派发现金红利 340,212,374.22 元（含税），占本年度归 属于上市公司股东的净利润的 55.41%。 1 如在实施权益分派的股权登记日前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。如后续总股本发生变化，将另行公告具体调 整情况。 本次利润分配方案尚需提交股东大会审议。 公司 2024 年度利润分配以实施权益分派股权登记日的总股本为基数，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，并将另 ...

Financial Performance - The net profit attributable to shareholders for 2024 is CNY 613,972,161.65, with an undistributed profit of CNY 5,579,869,577.66 as of December 31, 2024[9]. - The company plans to distribute a cash dividend of CNY 2.90 per 10 shares, totaling CNY 340,212,374.22, which accounts for 55.41% of the annual net profit[9]. - The company's operating revenue for 2024 reached ¥15.59 billion, an increase of 10.75% compared to ¥14.08 billion in 2023[26]. - Net profit attributable to shareholders for 2024 was ¥613.97 million, up 7.26% from ¥572.39 million in 2023[26]. - The basic earnings per share for 2024 was ¥0.52, reflecting a 6.12% increase from ¥0.49 in 2023[27]. - The total assets of the company as of the end of 2024 amounted to ¥14.99 billion, a 6.99% increase from ¥14.02 billion at the end of 2023[26]. - The cash flow from operating activities for 2024 was ¥619.07 million, a decrease of 10.40% compared to ¥690.93 million in 2023[26]. - The company reported a weighted average return on equity of 6.51% for 2024, an increase of 0.23 percentage points from 6.28% in 2023[27]. - The net profit after deducting non-recurring gains and losses for 2024 was ¥593.40 million, up 10.85% from ¥535.30 million in 2023[26]. - The company’s net assets attributable to shareholders increased to ¥9.56 billion by the end of 2024, a 3.17% rise from ¥9.26 billion at the end of 2023[26]. Market Expansion and Product Development - The company plans to continue expanding its market presence and invest in new technologies to drive future growth[1]. - The company added 54 new project designations, including high-end clients such as BMW and Audi, to enhance future sales growth[39]. - The company launched nearly 200 new products in 2024, enhancing its product line to better support channel expansion[41]. - The company is actively expanding its overseas market presence, leveraging its product advantages and established sales channels[82]. - The company is focusing on enhancing its research and development capabilities to drive innovation in new technologies[151]. - The company is actively promoting low-voltage lithium battery products and expanding market share in domestic and international applications, focusing on key cities and innovative business models[132]. Risk Management and Compliance - The company has received a standard unqualified audit report from Zhongshen Zhonghuan Accounting Firm[8]. - The board of directors has confirmed the authenticity, accuracy, and completeness of the annual report[6]. - The company has detailed potential risks in the management discussion and analysis section[12]. - The report includes a forward-looking statement risk declaration, indicating that future plans do not constitute a commitment to investors[10]. - The company has a comprehensive risk management strategy outlined in the report[12]. - The company has identified various risks associated with futures trading, including market, policy, liquidity, internal control, accounting, credit, and technical risks[113]. Corporate Governance - The company maintains independence from its controlling shareholders in terms of assets, personnel, and operations, ensuring no conflicts of interest arise[144]. - The company held two shareholder meetings during the reporting period, approving a total of 17 proposals, including the election of independent directors and major investment projects[147]. - The company is committed to maintaining transparency and governance by revising its independent director working system and related transaction management system[147]. - The company has established a strict approval and execution process for its hedging business to ensure effective operation and fund safety[114]. - The company has proposed to appoint new candidates for executive positions, including vice presidents, which will be submitted for board review[166]. Employee and Talent Development - The company has established a "Camel Empowerment Center" to enhance talent development through a multi-faceted training approach, focusing on leadership, marketing, innovation, and foundational skills[176][177]. - The company’s performance evaluation and incentive mechanisms for senior management are aligned with strategic goals, ensuring resource allocation supports long-term development[174]. - The company employs 1,283 R&D personnel, representing 16.91% of the total workforce[99]. - The total hours of outsourced labor amounted to 999,299.03 hours, with total payments for outsourced labor reaching CNY 34.23 million[178]. Environmental and Sustainability Initiatives - The company is actively promoting a green circular industry chain for both lead-acid and lithium batteries, aligning with the dual carbon strategy to enhance sustainable development capabilities[68]. - The recycling rate for lead is nearly 100%, with stable supply and pricing expected to support the profitability of recycled lead products[122]. - The company is committed to developing a comprehensive business model integrating low-voltage lithium batteries, energy storage, and lithium battery recycling[129]. - New technologies and innovations in battery recycling are anticipated to improve resource utilization efficiency and reduce production costs in the industry[123]. Financial Policies and Shareholder Engagement - The company aims for a cash dividend policy where at least 80% of profits are distributed as cash dividends during mature stages without major capital expenditures[181]. - The company has established a clear cash dividend policy, ensuring that the decision-making process is complete and independent directors have fulfilled their responsibilities[188]. - The company has provided opportunities for minority shareholders to express their opinions and protect their rights during the decision-making process[188]. - The company’s profit distribution policy prioritizes stable and continuous returns to investors, balancing short-term and long-term interests[180].

骆驼集团股份有限公司 审 计 报 告 众环审字(2025) 0102089号 审计报告 众环审字(2025)0102089 号 骆驼集团股份有限公司全体股东: 曼 目 审计报告 | 财务报表 | | | --- | --- | | 合并资产负债表 | | | 合并利润表 | ന | | 合并现金流量表 | 4 | | 合并所有者权益变动表 | ഗ | | 资产负债表 | 7 | | 利润表 | 0 | | 现金流量表 | 10 | | 所有者权益变动表 | 11 | | 财务报表附注 | 13 | 起始页码 右直 Fay · 027-85424329 一、 审计意见 我们审计了骆驼集团股份有限公司(以下简称"骆驼股份")财务报表,包括 2024年 12 月 31 日的合并及公司资产负债表,2024年度的合并及公司利润表、合并及公司现金流量表、 合并及公司股东权益变动表以及相关财务报表附注。 我们认为,后附的财务报表在所有重大方面按照企业会计准则的规定编制,公允反映了 骆驼股份 2024年 12月 31 日合并及公司的财务状况以及 2024 年度合并及公司的经营成果 和现金流量。 rí 形成审计意见的基础 我们 ...

作为公司的独立董事，本人具有履行独立董事职责所必须的专业能力和工作 经验，具备法律法规所要求的独立性，并在履职中保持客观、独立的专业判断， 不存在影响独立性的情况。 二、年度履职概况 （一）会议出席情况 骆驼集团股份有限公司 独立董事 2024 年度述职报告（黄德汉） 作为骆驼集团股份有限公司（以下简称"公司"）的独立董事，本人已于 2024 年 5 月离任，2024 年 1-5 月，本人在任期间，严格按照《中华人民共和国公司 法》《中华人民共和国证券法》《上市公司独立董事管理办法》等相关法律法规的 要求和《公司章程》及《公司独立董事工作制度》的规定，恪尽职守、勤勉尽责， 全面关注公司发展战略，主动了解掌握公司经营状况，积极参与公司决策，出席 相关会议，认真审议各项议案，充分发挥独立董事的作用，维护了全体股东尤其 是中小股东的合法权益。现将本人在 2024 年度的履职情况报告如下： 一、基本情况 本人黄德汉，男，1965 年出生，会计学本科，副教授，注册会计师，2009 年 1 月至今任职于广东外语外贸大学会计学院；2024 年 1-5 月任公司董事会审计委 员会主任委员、薪酬与考核委员会委员。 1、董事会、 ...

二、年度履职概况 （一）会议出席情况 作为公司的独立董事，本人具有履行独立董事职责所必须的专业能力和工作 经验，具备法律法规所要求的独立性，并在履职中始终保持客观、独立的专业判 断和履职执行力。本人已对照公司所适用监管规定中关于独立董事所应具备的独 立性要求进行了逐项自查，并已向公司董事会提交了本人 2024 年度独立性自查 报告。经自查，本人在 2024 年度内不存在影响独立性情形。 作为骆驼集团股份有限公司（以下简称"公司"）的独立董事，2024 年，我 严格按照《中华人民共和国公司法》、《中华人民共和国证券法》、《上市公司 独立董事管理办法》等相关法律法规的要求和《公司章程》及《公司独立董事工 作制度》的规定，恪尽职守、勤勉尽责，全面关注公司发展战略及其风险，主动 多视角掌握公司经营状况，积极参与公司决策，出席相关会议，认真审议各项议 案，充分发挥独立董事专长与作用，维护了全体股东尤其是中小股东的合法权益。 现将本人在 2024 年度的履职情况报告如下： 一、基本情况 本人沈烈，男，1961 年出生，教授，注册会计师。2006 年至今任职于中南 财经政法大学会计学院；现为公司董事会审计委员会主任委员、薪 ...

公司代码：601311 公司简称：骆驼股份 骆驼集团股份有限公司 2024 年度内部控制评价报告 骆驼集团股份有限公司全体股东： 根据《企业内部控制基本规范》及其配套指引的规定和其他内部控制监管要求（以下简称企业内部 控制规范体系），结合本公司（以下简称公司）内部控制制度和评价办法，在内部控制日常监督和专项 监督的基础上，我们对公司2024年12月31日（内部控制评价报告基准日）的内部控制有效性进行了评价。 一. 重要声明 按照企业内部控制规范体系的规定，建立健全和有效实施内部控制，评价其有效性，并如实披露内 部控制评价报告是公司董事会的责任。监事会对董事会建立和实施内部控制进行监督。经理层负责组织 领导企业内部控制的日常运行。公司董事会、监事会及董事、监事、高级管理人员保证本报告内容不存 在任何虚假记载、误导性陈述或重大遗漏，并对报告内容的真实性、准确性和完整性承担个别及连带法 律责任。 公司内部控制的目标是合理保证经营管理合法合规、资产安全、财务报告及相关信息真实完整，提 高经营效率和效果，促进实现发展战略。由于内部控制存在的固有局限性，故仅能为实现上述目标提供 合理保证。此外，由于情况的变化可能导致内部 ...

证券代码：601311 证券简称：骆驼股份 公告编号：临2025-009 骆驼集团股份有限公司 公司将本着审慎原则灵活高效运用相关授信额度，上述授信额度不等同于公 司实际融资金额，具体融资金额将视公司及子公司的实际需求情况决定。 为提高工作效率，提请股东大会授权董事长在上述额度内，根据实际资金需 求状况，全权办理相关业务事宜，并签署有关合同及文件。上述申请授信额度的 有效期为自股东大会审议通过之日起至下一年度股东大会召开之日止。 特此公告。 关于公司及子公司 2025 年度申请综合授信额度的公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，对公告的虚 假记载、误导性陈述或重大遗漏负连带责任。 重要内容提示： 申请授信额度：不超过人民币60亿元（最终以实际审批的授信额度为准） 授信额度不等同于用信额度（实际融资金额），最近三年公司实际用信 最高余额为人民币26.26亿元。 骆驼集团股份有限公司（以下简称"公司"）于 2025 年 4 月 17 日召开的第 九届董事会第二十次会议，审议通过了《关于公司及子公司 2025 年度申请综合 授信额度的议案》，本议案尚需提交公司股东大会审议。现将相关事项公告如下 ...

一、主要会计数据和财务指标 | 报告期指标 | 2024年年报 | 2023年年报 | 本年比上年增减(%) | 2022年年报 | | --- | --- | --- | --- | --- | | 基本每股收益（元） | 0.5200 | 0.4900 | 6.12 | 0.4000 | | 每股净资产（元） | 8.14 | 7.89 | 3.17 | 7.64 | | 每股公积金(元) | 1.46 | 1.46 | 0 | 1.49 | | 每股未分配利润(元) | 4.83 | 4.58 | 5.46 | 4.29 | | 每股经营现金流(元) | - | - | - | - | | 营业收入(亿元) | 155.92 | 140.79 | 10.75 | 134.25 | | 净利润(亿元) | 6.14 | 5.72 | 7.34 | 4.7 | | 净资产收益率(%) | 6.51 | 6.28 | 3.66 | 5.37 | 前十大流通股东累计持有： 52188.44万股，累计占流通股比： 44.48%，较上期变化： -1365.08万股。 | 名称 持有数量(万股) | | 占总股本比 ...

Investment Rating - The investment rating for the company is not explicitly stated in the provided documents, but the report indicates a positive outlook based on the performance metrics and growth expectations [1]. Core Insights - The company is expected to achieve a revenue of CNY 15.59 billion in 2024, representing a year-on-year growth of 10.8%. The net profit attributable to shareholders is projected to be CNY 610 million, a 7.3% increase year-on-year [1]. - For the first quarter of 2025, the company anticipates a net profit between CNY 220 million and CNY 250 million, reflecting a significant increase of 43.2% to 63.5% compared to the previous year [1][4]. - The growth in the lead-acid battery business is a key driver for the company's performance, with steady sales increases and improved profitability from recycled lead-acid batteries [4]. Financial Performance Summary - Total revenue for the years 2022 to 2026 is projected as follows: CNY 134.3 billion (2022), CNY 140.8 billion (2023), CNY 155.9 billion (2024), CNY 178.8 billion (2025), and CNY 196.1 billion (2026), with respective growth rates of 8.2%, 4.9%, 10.7%, 14.7%, and 9.7% [3]. - The net profit attributable to shareholders is forecasted to grow from CNY 4.7 billion in 2022 to CNY 12.9 billion in 2026, with growth rates of -43.5% (2022), 21.8% (2023), 7.1% (2024), 54.4% (2025), and 36.6% (2026) [3]. - The gross profit margin is expected to improve from 14.2% in 2022 to 16.5% in 2026, indicating enhanced operational efficiency [3]. Business Strategy and Product Development - The company is focusing on a diversified product matrix that includes low-voltage lead-acid batteries, energy storage batteries, and recycled resource products, catering to various vehicle types [4]. - The dual strategy of maintaining traditional lead-acid battery sales while expanding into lithium battery markets is expected to drive future growth, with significant sales increases in low-voltage lithium batteries [4]. - The company’s investment projects have also seen an increase in fair value, contributing positively to net profit [4].

证券研究报告 公司研究 [Table_ReportType] 公司点评报告 军骆驼股份（601311.SH） 投资评级 [Table_S 事件：公司发布 ummary]2024 年度业绩快报与 2025 年第一季度业绩预增公告。2024 年，公司预计实现营业收入 155.9 亿元，同比+10.8%；实现归母净利润 6.1 亿元，同比+7.3%；实现扣非归母净利润 5.9 亿元，同比+10.9%。2025 年第 一季度，公司实现归母净利润为为 2.2 亿元到 2.5 亿元之间，同比增加 6723.64 万元到 9889.91 万元，同比+43.2%到+63.5%。 上次评级 [Table_Author] 邓健全 汽车行业首席分析师 执业编号：S1500525010002 联系电话：13613012393 邮 箱：dengjianquan@cindas.com 武浩 电力设备与新能源行业首席分析 师 执业编号：S1500520090001 联系电话：010-83326711 邮 箱：wuhao@cindasc.com 徐国铨 汽车行业研究助理 邮 箱：xuguoquan@cindasc.com 信达证券股份有限公 ...