金堆城钼业股份有限公司 2023年年度股东大会会议资料 2024年 5月 20日 目 录 金堆城钼业股份有限公司 2023 年年度股东大会议程 一、现场会议时间 2024 年 5 月 20 日 下午 14:30 二、网络投票时间 通过交易系统投票平台的投票时间为股东大会召开当日的 交易时间段，即 9:15-9:25,9:30-11:30，13:00-15:00；通过互联 网投票平台的投票时间为股东大会召开当日的 9:15-15:00。 三、现场会议召开地点 一、会议议程...........................................1 二、审议议案 1.关于《公司 2023 年度董事会工作报告》的议案...........3 2.关于《公司 2023 年度监事会工作报告》的议案............11 3.关于《公司 2023 年年度报告》及其摘要的议案...........16 4.关于《公司2023年度财务决算及2024年度财务预算报告》的议案..17 5.关于《公司 2023 年度利润分配方案》的议案.............20 6.关于《公司 2024 年度日常关联交易计划 ...

证券代码：601958 证券简称：金钼股份 公告编号：2024-018 金堆城钼业股份有限公司 重要内容提示： 一、 召开会议的基本情况 (一) 股东大会类型和届次 2023 年年度股东大会 股东大会召开日期：2024年5月20日 本次股东大会采用的网络投票系统：上海证券交易所股东大会网络投票 系统 关于召开 2023 年年度股东大会的通知 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。 召开的日期时间：2024 年 5 月 20 日 14 点 30 分 召开地点：西安市高新技术产业开发区锦业一路 88 号金钼股份综合楼 A 座 9 楼视频会议室 1 (二) 股东大会召集人：董事会 (三) 投票方式：本次股东大会所采用的表决方式是现场投票和网络投票相结 合的方式 (四) 现场会议召开的日期、时间和地点 (五) 网络投票的系统、起止日期和投票时间。 网络投票系统：上海证券交易所股东大会网络投票系统 网络投票起止时间：自 2024 年 5 月 20 日 至 2024 年 5 月 20 日 采用上海证券交易所网络投票系统，通过交易系 ...

[Table_Page] 季报点评|有色金属 证券研究报告 [金Table_钼Title] 股份（601958.SH） [公Tab司le_I评nves级t] 买入 当前价格 11.90元 24Q1 营收同比上升，24M4 钼价快速上行 合理价值 14.65元 前次评级 买入 [ 核Tabl 心e_Su 观mm 点ary] ： 报告日期 2024-04-26 ⚫ 24Q1 量增价跌，营收同比+8.4%、归母净利同比-24%，业绩符合预 [相Tab对le_P市icQ场uote表] 现 期。据金钼股份 2024 年一季报，24Q1 公司营收、归母净利分别约 28.67、6.33亿元，同比分别+8.4%、-24%，环比23Q4分别+7.1%、 12% 5% -16.9%。24Q1公司实现稳产、高产，但受产品市价同比下降影响，归 -2% 04/23 06/23 08/23 10/23 12/23 02/24 04/24 母净利同比减少。据Wind数据，截至24年4月25日，24Q1-2钼价 -8% （河南：钼精矿45%）均价约33万元/吨，24M4后期钼价快速上行， -15% 4月25日为37万元/吨，产业链供需矛盾逐 ...

事件 4月25日公司发布2024年一季报，2024年Q1公司实现收入28.67 亿元，环比+7.04%，同比+8.43%；归母净利润为 6.33 亿元，环比 -16.94%，同比-23.95%；扣非归母净利润为6.30亿元，环比-1.72%， 同比-23.99%。 点评 销量基本持平，业绩符合预期。2024Q1 钼精矿价格为3328 元/吨 度，环比/同比分别+7%/-30%。我们测算 2024Q1 公司钼品销量环 比+0.36%，基本持平。Q1 公司毛利润环比-3.65%至 12.41 亿元， 我们认为或因春节假期导致自产矿山产量环比有所下滑，进而小 人民币(元) 成交金额(百万元) 幅影响总体毛利润。考虑Q1 非经常性收入环比-83.00%至0.05亿 13.00 900 元，因而归母净利润环比下滑相对更大，扣非归母净利润基本持 800 12.00 700 平、基本符合预期；而 2023Q1 为钼价近 10 年高点，因而在公司 600 11.00 500 总体产量不变、矿山运营稳定因而成本波动不大的情况下，2024Q1 400 10.00 300 扣非归母净利润同比下滑幅度更大。 9.00 200 100 ...

稀有金属 分析师：李泽森 登记编码：S0730523080001 重点项目有序推进，公司业绩再创新高 l izs1@ccnew.com 021-50586702 ——金钼股份(601958)公司点评报告 证券研究报告-公司点评报告 增持(维持) 市场数据(2024-04-24) 发布日期：2024年04月25日 收盘价(元) 11.94 事件：公司发布2023年年报，2023年，公司实现营业收入115.31 一年内最高/最低(元) 12.06/8.46 亿元，同比增长20.99%；实现归母净利润30.99亿元，同比增长 沪深300指数 3,521.62 132.19%；实现扣非归母净利润29.58亿元，同比增长125.26%。 市净率(倍) 2.52 投资要点： 流通市值(亿元) 385.26 ⚫ 2023年公司经营业绩再创同期最佳水平，并充分重视对投资者的 基础数据(2023-12-31) 合理投资回报。2023年钼价年底收涨但年中波动剧烈，根据安泰 每股净资产(元) 4.75 科数据，2023年1-12月国内45%钼精矿均价3852元/吨度，同 每股经营现金流(元) 1.08 比上涨37.55%；2023 ...

Financial Performance - The company's operating revenue for Q1 2024 was ¥2,866,993,030.25, representing an increase of 8.43% compared to the same period last year[4] - Net profit attributable to shareholders was ¥633,203,947.14, a decrease of 23.95% year-on-year[4] - Basic and diluted earnings per share were both ¥0.196, reflecting a decline of 23.95% year-on-year[4] - Net profit for Q1 2024 was ¥723,100,538.16, a decrease of 25.38% from ¥969,120,743.72 in Q1 2023[20] - The total comprehensive income for Q1 2024 was ¥723,145,867.90, a decrease from ¥968,111,304.57 in Q1 2023[20] - The company's net profit attributable to shareholders decreased due to a year-on-year decline in product market prices[14] Cash Flow - The net cash flow from operating activities was ¥54,838,375.30, down 50.96% compared to the previous year[4] - In Q1 2024, the net cash flow from operating activities was ¥54,838,375.30, a decrease of 51.0% compared to ¥111,813,131.72 in Q1 2023[22] - Total cash inflow from operating activities was ¥1,822,472,787.19, down 7.2% from ¥1,963,543,794.13 in the same period last year[22] - Cash outflow from operating activities totaled ¥1,767,634,411.89, a decrease of 4.5% compared to ¥1,851,730,662.41 in Q1 2023[22] - The net cash flow from investing activities was ¥390,253,873.24, a significant improvement from a net outflow of ¥568,329,526.78 in Q1 2023[23] - The net cash flow from investing activities was 398,235,605.54, compared to a negative cash flow of -324,391,037.33 in the previous period[29] Assets and Liabilities - Total assets at the end of the reporting period were ¥19,003,429,779.02, an increase of 3.89% from the end of the previous year[5] - The company's total liabilities decreased to ¥2,012,705,420.69 from ¥2,050,360,595.52, reflecting a reduction of 1.83%[18] - The total liabilities increased to CNY 1,838,128,933.71 in Q1 2024, compared to CNY 1,597,321,066.52 in Q1 2023, reflecting a 15.1% rise[25] - The company's total equity increased to CNY 14,663,896,769.42 in Q1 2024, compared to CNY 14,152,802,044.49 in Q1 2023, marking a growth of 3.6%[25] Investments and Expenses - Research and development expenses decreased by 39.43%, suggesting a reduction in investment in this area[7] - Research and development expenses for Q1 2024 were ¥53,119,382.37, down 39.4% from ¥87,706,192.38 in Q1 2023[19] - The company's cash inflow from investment activities was CNY 598,480,609.19 in Q1 2024, compared to CNY 442,975,166.83 in Q1 2023, representing a 35.2% increase[28] - The sales expenses decreased to CNY 536,103.99 in Q1 2024 from CNY 812,120.48 in Q1 2023, reflecting a 34.0% reduction[26] - The company reported a decrease in tax expenses to CNY 90,939,209.83 in Q1 2024, down from CNY 123,261,936.62 in Q1 2023, a decline of 26.2%[26] Shareholder Information - The equity attributable to shareholders increased to ¥15,972,791,313.19, up 4.30% from the previous year-end[5] - The total equity attributable to shareholders of the parent company increased to ¥15,972,791,313.19, up from ¥15,314,610,192.21, representing a growth of 4.31%[18] - The company reported a total of 2,323,659,628 shares held by its controlling shareholder, Jin Duicheng Molybdenum Group Co., Ltd.[12] Other Information - The company plans to increase its A-share holdings by no less than RMB 10 million and no more than RMB 20 million within six months starting from February 29, 2024[14] - The company has maintained a focus on production efficiency and management to achieve stable and high production targets[14] - The company did not apply new accounting standards or interpretations for the first quarter of 2024[30]

表决结果：同意 9 票，反对 0 票，弃权 0 票。 二、审议通过《关于聘任公司副总经理的议案》。 同意聘任贺昕先生和刘建平先生担任公司副总经理，聘期自董事会聘 任之日起至第五届董事会届满之日止。 表决结果：同意 9 票，反对 0 票，弃权 0 票。 特此公告。 股票代码：601958 股票简称：金钼股份 公告编号： 2024-017 金堆城钼业股份有限公司 第五届董事会第十二次会议决议公告 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个别及连带责任。 金堆城钼业股份有限公司（以下简称"公司"）第五届董事会第十二 次会议通知和材料于 2024 年 4 月 22 日以电子邮件的形式送达全体董事， 会议于 2024 年 4 月 25 日以通讯方式召开。应参会董事 9 人，实际参会董 事 9 人。本次会议的召开符合《公司法》和《公司章程》的规定，合法有 效。与会董事审议提交本次会议的 2 项议案并逐项进行表决，形成会议决 议如下： 一、审议通过《公司 2024 年第一季度报告》。 1 个 人 简 历 贺昕先生：1972 年生，在职研究生学历 ...

Investment Rating - The investment rating for the company is "Buy" (maintained) [2][4] Core Views - The company benefits from high molybdenum prices, leading to continuous profit growth [4] - In 2023, the company achieved a revenue of 11.53 billion yuan, a year-on-year increase of 20.99%, and a net profit attributable to shareholders of 3.10 billion yuan, a significant increase of 132.19% year-on-year, marking the best performance since its listing [4] - The report anticipates a short-term decline in molybdenum prices for 2024, leading to revised profit forecasts for 2024-2026 [4] Financial Performance Summary - In 2023, the company's main mines processed 23.08 million tons of ore, a 4.37% increase year-on-year, with molybdenum products' annual production rising by 2.75% for molybdenum iron, 4.60% for ammonium molybdate, and 5.66% for molybdenum powder [5] - The revenue from molybdenum mining, smelting, and deep processing increased by 21.33% to 10.47 billion yuan, with a gross margin improvement of 14.28 percentage points to 52.55% [5] - The company forecasts net profits of 2.56 billion yuan, 2.73 billion yuan, and 2.88 billion yuan for 2024, 2025, and 2026 respectively, with corresponding EPS of 0.79 yuan, 0.85 yuan, and 0.89 yuan [4][7] Market Outlook - The report indicates that the supply of molybdenum is expected to remain limited due to declining ore grades in existing mines, while demand is anticipated to grow due to the recovery in high-end manufacturing [6] - The structural support from stable supply and strong demand is expected to sustain molybdenum prices in the future [6]

Financial Performance - The company's operating revenue for 2023 reached CNY 11,531,475,998.91, representing a year-on-year increase of 20.99% compared to CNY 9,531,281,637.17 in 2022[21]. - The net profit attributable to shareholders for 2023 was CNY 3,099,157,016.20, a significant increase of 132.19% from CNY 1,334,743,880.82 in the previous year[21]. - The net cash flow from operating activities for 2023 was CNY 3,473,013,011.57, up 39.97% from CNY 2,481,337,579.31 in 2022[21]. - The total assets of the company as of the end of 2023 amounted to CNY 18,292,393,088.34, reflecting a 15.73% increase from CNY 15,805,508,218.60 at the end of 2022[21]. - The company's net assets attributable to shareholders increased to CNY 15,314,610,192.21, a rise of 16.42% compared to CNY 13,154,698,805.20 in 2022[21]. - The basic earnings per share increased by 134.15% to CNY 0.96, compared to CNY 0.41 in the previous year[23]. - The weighted average return on equity rose to 21.67%, an increase of 11.03 percentage points compared to the previous year[23]. - The company achieved a total operating revenue of CNY 11,531.48 million, exceeding the annual operational target by 9.92%, with a year-on-year increase of 20.99%[35]. - The company reported a net cash flow from operating activities of CNY 2,334.55 million in the fourth quarter, indicating strong operational cash generation[25]. Market and Operational Strategy - The company plans to continue its international operations and market expansion strategies in the molybdenum sector[6]. - The company is committed to high-quality development and aims to enhance its core competitiveness through technological innovation and market expansion[34]. - The company plans to focus on developing high-end, high-value-added products while ensuring low-carbon and sustainable growth[34]. - The company aims to vertically integrate within the molybdenum industry while seeking diversification in non-molybdenum sectors, focusing on innovation and management transformation[67]. - The company plans to achieve operating revenue of 13 billion yuan in 2024, subject to the actual performance of the molybdenum market[68]. - The company intends to expand market share by implementing a detailed marketing plan and improving internal order management mechanisms[68]. - The company will accelerate the construction of major industrial projects and promote technological upgrades in industrial tooling, aiming to create digital mines and smart factories[68]. Research and Development - Research and development expenses rose significantly by 66.98% to CNY 335.59 million, reflecting the company's commitment to innovation[40]. - The company implemented 49 research projects with an overall progress completion rate of 94.8%, with total R&D investment amounting to CNY 336 million[37]. - The company is investing heavily in R&D, with a budget allocation of 50 million RMB for the development of new technologies in molybdenum processing[79]. Risk Management - The company faces risks including geopolitical issues, trade protectionism, and fluctuations in molybdenum prices due to market supply and demand changes[7]. - The company is exposed to safety and environmental policy risks, particularly in key pollution prevention areas, which may lead to production interruptions[71]. - The company maintains a low asset-liability ratio, but faces risks of asset depreciation due to changes in interest rates and exchange rate fluctuations affecting export revenues[71]. - The company’s focus on risk management led to a 60.7% reduction in equipment failure and accident downtime[36]. Governance and Compliance - The audit report for the financial statements was issued by Da Xin Accounting Firm, confirming the accuracy and completeness of the financial data[4]. - The company emphasizes strict compliance with information disclosure regulations to ensure transparency and accuracy in its financial reporting[75]. - The company has established a comprehensive internal control system focused on risk management and compliance, ensuring effective governance and operational efficiency[102]. - The company has committed to improving information disclosure quality and compliance following the regulatory warnings received[129]. Environmental and Social Responsibility - The company has implemented environmental monitoring measures, with all major pollutants meeting regulatory standards and no instances of exceeding discharge limits reported[110]. - The company has developed emergency response plans for environmental incidents and conducted drills for various pollution scenarios[112]. - The company is committed to sustainability initiatives, with a goal to reduce carbon emissions by 25% over the next five years[79]. - The total investment in public welfare projects amounted to 995,000 RMB, primarily for educational support in the Yuyuan County[119]. Shareholder Information - The proposed cash dividend for 2023 is CNY 4 per 10 shares, totaling CNY 129,064.18 million based on the share capital of 3,226,604,400 shares[5]. - The total cash dividend amount (including tax) is CNY 1,290,641,760.00, which accounts for 41.64% of the net profit attributable to ordinary shareholders in the consolidated financial statements[100]. - The company maintained a stable cash dividend policy, ensuring reasonable returns to investors without adjustments during the reporting period[97]. Future Outlook - Future outlook indicates a projected revenue growth of 10% for 2024, driven by new product launches and market expansion strategies[79]. - The company plans to introduce three new product lines in 2024, expected to contribute an additional 30 million RMB in revenue[79]. - The company plans to continue expanding its market presence and investing in new technologies to enhance operational efficiency[178].

责任寄语 1 关于本报告 本报告是金堆城钼业股份有限公司发布的第四份环境、社会与公 司治理（以下简称"ESG"）报告，本报告真实、客观地介绍了 公司 2023 年度在促进经济、社会、环境及生态可持续发展等方 面的实践信息和相关绩效。 时间范围 时间范围为 2023 年 1 月 1 日至 2023 年 12 月 31 日，考虑到报 告可比性和延续性，部分内容超出上述时间范围。 称谓说明 为便于表述，"金堆城钼业集团有限公司"以"金钼集团"表示， "金堆城钼业股份有限公司"以"金钼股份""公司"或"我们" 表示 , 金堆城钼业汝阳有限责任公司以"金钼汝阳"表示，金堆 城钼业光明（山东）股份有限公司以"金钼光明"表示。 报告范围 报告主体涵盖金钼股份及其所属企业。环境数据范围覆盖金钼股 份矿山分公司、物流分公司、冶炼分公司、化学分公司、金属分 公司、技术中心以及金钼汝阳和金钼光明。 数据说明 报告信息数据均源自金钼股份正式文件、统计报告与财务报告。 本报告中所有涉及资金的币种均指人民币。 编制依据 本报告编写参考上海证券交易所《< 公司履行社会责任的报告 > 编制指引》和《上海证券交易所上市公司自律监管指引第 1 ...