东吴证券股份有限公司 关于河南明泰铝业股份有限公司 2024 年度持续督导工作现场检查报告 上海证券交易所： 东吴证券股份有限公司（以下简称"东吴证券"、"保荐人"）作为河南明 泰铝业股份有限公司（以下简称"明泰铝业"、"公司"、"上市公司"）向特 定对象发行股票的保荐人，根据《证券发行上市保荐业务管理办法》《上海证券 交易所上市公司自律监管指引第 1 号——规范运作》、《上海证券交易所上市公 司自律监管指引第 11 号——持续督导》、《上海证券交易所股票上市规则》等 有关法律法规和规范性文件的要求，对明泰铝业进行了定期现场检查。现将本次 现场检查的情况报告如下： 一、本次现场检查的基本情况 本次现场检查中，保荐人结合明泰铝业的实际情况，主要采取查阅公司历次 三会文件资料、查阅公司章程及相关制度文件、查阅信息披露文件、查阅相关财 务资料、募集资金台账、募集资金运用凭证、原始凭证以及合同等支持性资料、 查看主要生产经营场所并与上市公司相关人员进行沟通等方式，对公司治理和内 部控制情况、信息披露情况、公司的独立性以及与控股股东及其他关联方资金往 来情况、募集资金使用情况、关联交易、对外担保、重大对外投资情况以及经 ...

河南明泰铝业股份有限公司 内部控制审计报告 大华内字[2025]0011000071 号 大 华 会 计 师 事 务 所 (特 殊 普 通 合 伙 ) Da Hua Certified Public Accountants (Special General Partnership) 您可使用手机"扫一扫"或进入"注册会计师行业统一监管平台（http://acc.mof.gov.cn）"超 河南明泰铝业股份有限公司 内部控制审计报告 (截止 2024 年 12 月 31 日) 大华会计师事务所(特殊 市海淀区两四环中路 16 号院 7 号楼 12 月 86 (10) 5835 0011 传真: 86 (10) 内 部 控 制 审 计 报 告 目 页 次 デ、 1-2 大华内字[2025]0011000071 号 河南明泰铝业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,我们审计了河南明泰铝业股份有限公司(以下简称明泰铝业) 2024 年 12 月 31 日的财务报告内部控制的有效性。 一、企业对内部控制的责任 按照《企业内部控制基本规范》、《企业内部控制应用指引》、 ...

关于河南明泰铝业股份有限公司 2024 年度持续督导报告书 东吴证券股份有限公司 | 保荐人名称：东吴证券股份有限公司 | 被保荐公司名称：河南明泰铝业股份有限公司 | | --- | --- | | 保荐代表人姓名：石颖 | 联系电话：0512-62938520 | | 保荐代表人姓名：欧雨辰 | 联系电话：0512-62938520 | 经中国证券监督管理委员会证监许可〔2023〕1056 号文核准，并经上海证 券交易所同意，河南明泰铝业股份有限公司（以下简称"明泰铝业"或"公司"） 于2023年8 月2 日向15名特定投资者非公开发行普通股（A股）股票 100,000,000 股，每股面值 1 元，每股发行价人民币 12.80 元/股。截至 2023 年 8 月 2 日止， 公司共募集资金 1,280,000,000.00 元，扣除发行费用 11,647,276.85 元，募集 资金净额 1,268,352,723.15 元。截止 2023 年 8 月 2 日，公司上述发行募集的资 金已全部到位，业经大华会计师事务所（特殊普通合伙）以"大华验字 [2023]000450 号"验资报告验证确认。 东吴证券 ...

河南明泰铝业股份有限公司 审计报告 大华审字[2025]0011006174 号 大华会计师事务所(特殊普通合伙) 大华会计师事务所 (特殊普通合伙) 上京市海淀区西四环中路 16号院 7号楼 12 层 [10 : 86 (10) 5835 0011 传真: 86 (10) 5835 审计报告 Da Hua Certified Public Accountants (Special General Partnership) 您可使用手机"扫一扫"或进入"注册会计师行业统一监管平台（http://acc.mof.gov.cn）"进 河南明泰铝业股份有限公司 审计报告及财务报表 (2024 年 1 月 1 日至 2024 年 12 月 31 日止) | 를 | 求 | 页 次 | | --- | --- | --- | | 审计报告 | | 1-7 | | 已审财务报表 | | | | 合并资产负债表 | | 1-2 | | 合并利润表 | | 3 | | 合并现金流量表 | | 4 | | 合并股东权益变动表 | | 5-6 | | 母公司资产负债表 | | 7-8 | | 母公司利润表 | | 9 | | 母 ...

河南明泰铝业股份有限公司 2024年度独立董事述职报告 作为河南明泰铝业股份有限公司（以下简称"公司"）的独立董事，本人依 据《公司法》、《上市公司独立董事管理办法》等法律、法规和《公司章程》的 规定，以维护公司和股东以及投资者的利益为原则，履行了独立董事的职责，谨 慎、认真、勤勉地行使公司所赋予独立董事的权利，积极出席公司董事会、股东 大会会议，认真审议各项议案。现就报告期间内履行职责情况述职如下： 一、基本情况 赵引贵，女，1966 年出生,汉族,中国国籍,中共党员,本科学历，高级会计 师、注册会计师。曾任外经贸部行政司财务处主任科员，中国驻日本大使馆经商 处三等秘书，外经贸部行政事务管理局企业财务管理处副处长，商务部机关服务 中心企业管理部副经理，中国机电产品进出口商会办公室副主任，北京世纪资源 电子商务技术有限公司财务总监，中国机电产品进出口商会财务部主任，河南明 泰铝业股份有限公司独立董事、北京瑞丰投资管理有限公司总裁助理；现任北京 广田资本管理中心(有限合伙)财务总监，兼任经纬纺织机械股份有限公司、永泰 能源股份有限公司、河南明泰铝业股份有限公司独立董事。 本人未在公司担任除独立董事之外的任何职务 ...

河南明泰铝业股份有限公司 2024年度独立董事述职报告 作为河南明泰铝业股份有限公司（以下简称"公司"）的独立董事，本人依 据《公司法》、《上市公司独立董事管理办法》等法律、法规和《公司章程》的 规定，以维护公司和股东以及投资者的利益为原则，履行了独立董事的职责，谨 慎、认真、勤勉地行使公司所赋予独立董事的权利，积极出席公司董事会、股东 大会会议，认真审议各项议案。现就报告期间内履行职责情况述职如下： 一、基本情况 周晓东，男，1972 年生，应用经济学博士（公司治理方向），副教授（高 级职称），会计师，民建河南省委金融委员会委员，郑州轻工业大学会计专业硕 士生导师、河南省教育厅学术技术带头人，主要研究方向为公司治理、财务管理。 2024 年 4 月 26 日由公司董事会提名为第六届董事会独立董事候选人，2024 年 5 月 17 日股东大会审议通过。兼任郑州煤电股份有限公司、远东传动股份有限公 司独立董事。 本人未在公司担任除独立董事之外的任何职务，也未在公司股东单位任职， 亦不存在其他影响本人独立性的情况，具备中国证监会《上市公司独立董事管理 办法》要求的独立性。 二、独立董事年度履职概况 （一）出席董事 ...

河南明泰铝业股份有限公司 2024年度独立董事述职报告 作为河南明泰铝业股份有限公司（以下简称"公司"）的独立董事，本人依 据《公司法》、《上市公司独立董事管理办法》等法律、法规和《公司章程》的 规定，以维护公司和股东以及投资者的利益为原则，履行了独立董事的职责，谨 慎、认真、勤勉地行使公司所赋予独立董事的权利，积极出席公司董事会、股东 大会会议，认真审议各项议案。现就报告期间内履行职责情况述职如下： 一、基本情况 李曙衢，男，1971 年出生，中国国籍，无境外永久居留权，硕士研究生学 历，北京市盈科律师事务所全球总部合伙人，高级合伙人律师，盈科（郑州）分 所管委会主任、税法与上市部主任，律师、注册会计师、税务师，二级律师，《法 治日报》首批入库律师专家库专家，河南省法学会常务理事，河南省法治智库专 家，河南省法学会证券法学研究会常务副会长，河南省法学会律师学研究会副会 长，河南省律师协会财政税收法律专业委员会主任，兼任健民药业集团股份有限 公司、郑州煤电股份有限公司、河南明泰铝业股份有限公司独立董事。 作为公司的独立董事，本人严格遵守法律法规和《公司章程》等有关规定， 未在公司担任除独立董事以外的任何职务， ...

Financial Performance - The company's operating revenue for Q1 2025 was CNY 8,124,306,005.83, representing a 13.07% increase compared to CNY 7,185,389,200.20 in the same period last year[3]. - Net profit attributable to shareholders was CNY 439,650,693.12, up 21.46% from CNY 361,982,656.69 year-on-year[3]. - The net profit excluding non-recurring gains and losses increased by 41.73% to CNY 378,741,232.62, primarily due to increased production and sales volume[6]. - Basic and diluted earnings per share rose to CNY 0.35, an increase of 16.67% from CNY 0.30[3]. - Total operating revenue for Q1 2025 reached ¥8,124,306,005.83, an increase of 13.06% compared to ¥7,185,389,200.20 in Q1 2024[17]. - Net profit for Q1 2025 was ¥439,673,143.58, representing a 21.33% increase from ¥362,565,751.98 in Q1 2024[18]. - Earnings per share for Q1 2025 was ¥0.35, compared to ¥0.30 in Q1 2024[19]. - The total comprehensive income for Q1 2025 was approximately ¥75.91 million, significantly higher than ¥22.42 million in Q1 2024[28]. Cash Flow - The net cash flow from operating activities was CNY 1,413,468,338.84, a significant recovery from a negative cash flow of CNY -569,064,952.34 in the previous year[3]. - Cash flow from operating activities for Q1 2025 was CNY 1,413,468,338.84, a significant improvement compared to a negative cash flow of CNY -569,064,952.34 in Q1 2024[22]. - Total cash inflow from operating activities increased to CNY 7,105,481,604.39 in Q1 2025, up from CNY 5,585,495,233.12 in Q1 2024, representing a growth of approximately 27.2%[22]. - The net cash flow from investment activities in Q1 2025 was CNY -1,149,255,232.39, worsening from CNY -945,012,423.30 in Q1 2024[22]. - The company's cash outflow from financing activities in Q1 2025 was CNY -87,276,265.03, a decline from a positive cash flow of CNY 185,229,508.35 in Q1 2024[22]. - The net cash flow from operating activities for Q1 2025 was approximately -¥851.65 million, worsening from -¥362.16 million in Q1 2024[30]. Assets and Liabilities - Total assets at the end of Q1 2025 reached CNY 26,065,172,696.65, reflecting an 11.75% increase from CNY 23,323,832,784.04 at the end of the previous year[3]. - Total assets increased to ¥26,065,172,696.65 in 2025 from ¥23,323,832,784.04 in 2024, reflecting a growth of 11.85%[14]. - Total liabilities rose to ¥8,068,299,648.27 in 2025, up from ¥5,725,888,435.98 in 2024, marking an increase of 40.73%[14]. - The company's total liabilities increased to CNY 5,060,688,261.32 as of March 31, 2025, compared to CNY 4,562,222,325.85 at the end of 2024[24]. - The total equity of the company as of March 31, 2025, was CNY 10,227,988,991.40, slightly up from CNY 10,190,743,164.69 at the end of 2024[25]. Shareholder Information - The company reported a total of 56,762 common shareholders at the end of the reporting period[8]. - The top shareholder, Ma Tingyi, holds 148,283,520 shares, accounting for 11.92% of the total shares[8]. Research and Development - Research and development expenses for Q1 2025 were ¥83,825,562.45, significantly lower than ¥414,654,380.63 in Q1 2024, a decrease of 79.83%[18]. - Research and development expenses decreased to approximately ¥5.42 million in Q1 2025 from ¥41.00 million in Q1 2024, a reduction of 86.8%[27]. Other Financial Metrics - The weighted average return on equity decreased to 2.51%, down 0.41 percentage points from 2.92%[3]. - The company recognized non-recurring gains totaling CNY 60,909,460.50 during the reporting period[5]. - Other comprehensive income after tax for Q1 2025 was -¥2,084,749.91, an improvement from -¥11,031,472.54 in Q1 2024[19]. - The company incurred sales expenses of approximately ¥6.03 million in Q1 2025, an increase of 78.5% from ¥3.39 million in Q1 2024[27]. - The financial expenses showed a significant improvement, with a net income of approximately -¥7.15 million in Q1 2025 compared to -¥14.43 million in Q1 2024[27].

Financial Performance - The company's operating revenue for 2024 reached RMB 32.32 billion, an increase of 22.23% compared to RMB 26.44 billion in 2023[20] - The net profit attributable to shareholders for 2024 was RMB 1.75 billion, reflecting a year-on-year growth of 29.76% from RMB 1.35 billion in 2023[20] - The net profit attributable to shareholders after deducting non-recurring gains and losses was RMB 1.45 billion, up 37.74% from RMB 1.05 billion in 2023[20] - The company's total assets at the end of 2024 amounted to RMB 23.32 billion, a 9.80% increase from RMB 21.24 billion at the end of 2023[20] - The net assets attributable to shareholders increased to RMB 17.30 billion, representing a growth of 10.59% from RMB 15.64 billion in 2023[20] - The basic earnings per share for 2024 were RMB 1.46, an increase of 11.45% compared to RMB 1.31 in 2023[21] - The diluted earnings per share rose to RMB 1.39, reflecting a 6.11% increase from RMB 1.31 in 2023[21] - The weighted average return on equity for 2024 was 10.65%, slightly up from 10.54% in 2023[21] - The company reported a net cash flow from operating activities of RMB 662.69 million, a slight decrease of 0.47% from RMB 665.81 million in 2023[20] Research and Development - The company implemented 138 R&D projects in the year, resulting in 135 patents granted and the release of 4 group standards[36] - Research and development expenses decreased by 58.88% to CNY 445,737,241.83, primarily due to reduced material consumption[69] - The company holds a total of 628 patents, including 50 invention patents, indicating a strong focus on technological innovation[65] - The company has built a national enterprise technology center and ten provincial R&D platforms, enhancing its research and development capabilities[64] - The total R&D expenditure was 445,737,241.83 yuan, which is 1.38% of total operating revenue[77] Market and Sales - The sales volume reached 1.47 million tons, representing a year-on-year growth of approximately 19%, with a 5% increase in the proportion of high-value products in sectors such as new energy and automotive[31] - Domestic sales accounted for CNY 22,688,003,899.03, reflecting a growth of 20.77% year-on-year, while export sales increased by 29.72% to CNY 9,094,200,608.12[72] - The aluminum plate and foil segment generated revenue of CNY 25,866,489,128.86, with a gross margin of 6.45%, while the aluminum foil segment saw a revenue increase of 7.16%[71] - The company has made significant investments in high-tech aluminum applications, supplying major automotive manufacturers such as BYD, NIO, and Tesla[65] Environmental and Sustainability Initiatives - The company has implemented a green development model, with four subsidiaries recognized as "national green factories" and three as "waste-free factories"[60] - The company has invested 15.54 million yuan in environmental protection during the reporting period[150] - The company has been recognized as one of the first "waste-free factories" in Zhengzhou, with some subsidiaries awarded national-level "green factory" status[152] - The company has adopted new smelting and casting technologies to improve energy efficiency and reduce waste generation[160] - The company has committed to a circular economy approach, investing annually in environmental protection funds for energy-saving and emission-reduction facilities[162] Corporate Governance - The company has established a comprehensive internal control system covering financial, operational, and compliance aspects, with no significant internal control deficiencies reported in 2024[110] - The company strictly adheres to information disclosure regulations, ensuring timely and accurate reporting of its operational and financial status to protect investor rights[110] - The board of directors consists of seven members, including three independent directors, and has held seven meetings in 2024 to review 47 proposals related to operational plans and major investments[109] - The company has established specialized committees, including an audit committee, nomination committee, and compensation committee[125] Shareholder Engagement and Dividends - The company plans to distribute a cash dividend of RMB 1.19 per 10 shares for the 2024 fiscal year, totaling approximately RMB 148 million[4] - The company has established a stable cash dividend policy, maintaining continuous cash dividends to protect the rights of minority investors[135] - The cash dividend amount (including tax) is CNY 210,185,980.56, which accounts for 12.02% of the net profit attributable to ordinary shareholders in the consolidated financial statements, amounting to CNY 1,748,479,011.62[138] - The cumulative cash dividend amount for the last three accounting years (including tax) is CNY 532,857,275.34, with an average net profit of CNY 1,564,852,194.03, resulting in a cash dividend ratio of 34.05%[139] Strategic Initiatives - The company is focusing on market expansion and product development as part of its strategic initiatives[121] - The company is expanding its market share in key areas such as aluminum resource recycling and new energy, while enhancing service efficiency and product quality[98] - The company is actively promoting the construction of high-end equipment for its automotive and green energy aluminum industry park project[99] - The company is implementing a digital factory strategy to improve production efficiency and product quality through smart manufacturing[95] Risk Management - The company faces risks from fluctuations in aluminum ingot prices, which significantly impact production costs, and has implemented strategies such as dynamic inventory adjustments and hedging to mitigate these risks[105] - The company has implemented a risk management framework to address potential market competition risks and ensure compliance with legal and regulatory requirements[110] Employee Development - The company received the "Best Employer" award, reflecting its commitment to employee development and training[38] - The company conducted 37 training sessions in 2025, involving over 1,200 participants, focusing on production skills, quality management, and safety[134] - The company’s remuneration policy is designed to align with long-term development goals, ensuring employee motivation and stability[132] Future Outlook - The company plans to increase the domestic bauxite resource by 3%-5% and achieve a recycled aluminum output of over 15 million tons by 2027[92] - The company aims to establish a closed-loop aluminum industry chain focusing on "waste aluminum recycling - melting regeneration - deep processing" to enhance high-quality development[95] - The company is focusing on technological innovation and aims to align its production technology with international leading standards[102]

一、2024 年年审会计师事务所基本情况 （一）会计师事务所基本情况 大华所成立于 1985 年，2012 年 2 月由大华会计师事务所有限公司转制为特 殊普通合伙。注册地址在北京市海淀区西四环中路 16 号院 7 号楼 1101，首席合 伙人为梁春。截至 2024 年 12 月 31 日合伙人 150 人，注册会计师 887 人（其中： 签署过证券服务业务审计报告的注册会计师 404 人）。大华所在国内重要城市设 立了 30 家分支机构。2023 年度业务总收入 32.53 亿元、审计业务收入 29.49 亿 元、证券业务收入 14.89 亿元。 （二）聘任会计师事务所履行的程序 河南明泰铝业股份有限公司董事会审计委员会 对会计师事务所 2024 年度履行监督职责情况报告 根据《国有企业、上市公司选聘会计师事务所管理办法》、《上海证券交易 所上市公司自律监管指引第 1 号--规范运作》和河南明泰铝业股份有限公司（以 下简称"公司"）的《公司章程》等规定和要求，公司董事会审计委员会本着勤 勉尽责的原则，恪尽职守，认真履职。现将公司董事会审计委员会对大华会计师 事务所（特殊普通合伙）（以下简称"大华所"）202 ...