证券代码：603040 证券简称：新坐标 公告编号：2024-060 股权激励限制性股票回购注销实施公告 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： 回购注销原因：根据《上市公司股权激励管理办法》《新坐标 2022 年限 制性股票激励计划（草案）》的相关规定，部分激励对象因职务变更、已离职或 个人层面绩效考核指标未达成，不再具备激励对象资格。 本次注销股份的有关情况 | 回购股份数量 | 注销股份数量 | | | | 注销日期 | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 股 44,500 | 44,500 | 股 | 2024 | 年 | 11 | 月 | 14 | 日 | 一、本次限制性股票回购注销的决策与信息披露 杭州新坐标科技股份有限公司（以下简称"公司""新坐标"）于 2024 年 8 月 28 日分别召开第五届董事会第九次会议和第五届监事会第八次会议，审议 并通过了《关于回购注销部分激励对象已获授但尚未解锁的限 ...

Investment Rating - Strong Buy (Maintained) with a target price of 27.9 RMB, compared to the current price of 23.32 RMB [1] Core Views - The company's Q3 performance was under pressure due to a decline in overseas customer sales, with Q3 revenue at 1.7 billion RMB, up 13% YoY but down 9.6% QoQ [2] - The company's cost control measures have shown significant results, with a 3Q24 gross margin of 52.3%, up 1.1 percentage points YoY but down 1.0 percentage points QoQ [2] - The company plans to distribute a cash dividend of 0.14 billion RMB, accounting for 25.29% of the net profit attributable to shareholders [2] - The company's cold forging technology is expanding into new applications, which is expected to drive future growth [2] Financial Performance - The company reported revenue of 5.0 billion RMB for the first three quarters of 2024, up 18% YoY, and net profit attributable to shareholders of 1.62 billion RMB, up 20% YoY [1] - The company's 3Q24 net profit was 0.5 billion RMB, up 23% YoY but down 20% QoQ, with a net profit margin of 31.7%, up 3.5 percentage points YoY but down 3.2 percentage points QoQ [2] - The company's 3Q24 operating expense ratio was 16.9%, down 2.6 percentage points YoY but up 3.7 percentage points QoQ [2] Future Outlook - The company is expected to achieve net profits of 2.1, 2.5, and 3.0 billion RMB for 2024-2026, with YoY growth rates of 15%, 20%, and 18%, respectively [2] - The company's PE ratios for 2024-2026 are projected to be 15x, 13x, and 11x, respectively [2] - The company's revenue is expected to grow by 20.1%, 17.0%, and 20.1% in 2024-2026, with net profit growth rates of 15.1%, 19.9%, and 17.7% [3] Business Development - The company's subsidiary, Huzhou New Coordinate, has achieved stable supply to multiple customers, with third-party revenue increasing by 48.14% YoY in the first half of 2024 [2] - The company is expanding its cold forming technology into new areas such as automotive precision solenoid valves, electric drive transmission systems, and power battery system housings [2] Valuation and Financial Ratios - The company's P/E ratios for 2024-2026 are 15x, 13x, and 11x, respectively, with P/B ratios of 2.2x, 1.9x, and 1.6x [3] - The company's ROE is expected to be 14.7%, 15.2%, and 15.4% for 2024-2026, with ROIC of 23.6%, 23.4%, and 22.8% [7]

Investment Rating - The report maintains a "Buy" rating for the company, indicating a positive outlook for the next six months [1]. Core Insights - The company reported a year-on-year revenue growth of 17.6% in Q3, achieving a total revenue of 5.0 billion yuan, with a net profit of 1.6 billion yuan, reflecting a 19.9% increase [1]. - In Q3 alone, the company generated 1.7 billion yuan in revenue, marking a 12.5% year-on-year increase, although it saw a 9.6% decline compared to the previous quarter [1]. - The company is a key supplier of precision components for valve transmission systems to major clients like Volkswagen and BYD, which supports future performance [1]. - Cost control measures have been effective, with a gross margin of 52.5% and a net margin of 33.9% for the first three quarters of 2024 [1]. Summary by Sections Financial Performance - For Q3, the gross margin was 52.3%, up 1.1 percentage points year-on-year, while the net margin was 31.7%, up 3.5 percentage points year-on-year [1]. - The company’s revenue for 2024 is projected to reach 583.30 million yuan, with a compound annual growth rate (CAGR) of 17.3% expected over the next three years [3][6]. Market Position - The company has established stable supply relationships with various clients in the automotive and bearing sectors, leading to a 48.1% year-on-year increase in revenue for the first half of 2024 [2]. - The company is expanding its product offerings in the cold forging industry, which is expected to contribute to future growth [2]. Profitability Forecast - The projected net profits for 2024, 2025, and 2026 are 2.1 billion yuan, 2.6 billion yuan, and 3.0 billion yuan, respectively, with corresponding price-to-earnings (PE) ratios of 15, 12, and 11 [2][3].

证券代码：603040 证券简称：新坐标 公告编号：2024-056 杭州新坐标科技股份有限公司 2022 年限制性股票激励计划第二期解锁暨上市公告 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、准确性和完整性依法承担法律责任。 重要内容提示： 本次股票上市类型为股权激励股份；股票认购方式为网下，上市股数为 572,200 股。 本次股票上市流通总数为 572,200 股。 本次股票上市流通日期为 2024 年 11 月 1 日。 杭州新坐标科技股份有限公司（以下简称"公司"、"新坐标"）于 2024 年 10 月 25 日分别召开第五届董事会第十次会议和第五届监事会第九次会议，审议并通 过了《关于实施 2022 年限制性股票激励计划第二期解锁的议案》。根据《公司 2022 年限制性股票激励计划（草案）》（以下简称"《激励计划》"）以及《公司 2022 年 限制性股票激励计划实施考核管理办法》（以下简称"《考核管理办法》"）的规定， 经董事会薪酬与考核委员会考核，除 5 名激励对象因职务变更、已离职或个人层 面绩效考核指标未达成外，公司 2022 年限制 ...

Group 1 - The company reported a revenue of 497 million yuan for the first three quarters, representing a year-on-year growth of 17.57% [1] - The net profit for the same period was 162 million yuan, showing a year-on-year increase of 19.92% [1] - The basic earnings per share were 1.21 yuan [1] Group 2 - The company plans to distribute a cash dividend of 1 yuan per 10 shares (including tax) [1]

证券代码：603040 证券简称：新坐标 公告编号：2024-054 杭州新坐标科技股份有限公司 第五届监事会第九次会议决议公告 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。 一、监事会会议召开情况 杭州新坐标科技股份有限公司（以下简称"公司"或"新坐标"）于 2024 年10月25日在公司会议室以现场结合通讯表决方式召开第五届监事会第九次会 议。会议通知已于 2024 年 10 月 20 日以专人送达及电子邮件方式发出。本次会 议应到监事 3 名，实到监事 3 名。会议由监事会主席季红英女士主持，会议的召 集与召开符合《公司法》及《公司章程》的有关规定。 二、监事会会议审议情况 与会监事审议通过了如下议案： 1、审议通过《关于<公司 2024 年第三季度报告>的议案》 监事会审议并发表如下审核意见：公司 2024 年第三季度报告的编制符合《证 券法》、《上海证券交易所股票上市规则》、《上市公司信息披露管理办法》及 相关通知的有关规定，报告内容真实、准确、完整。 表决情况：同意 3 票、反对 0 票、弃权 0 票。 2、审议 ...

监事会对公司 2022 年限制性股票激励计划第二期解锁的激励对象进行了核 查，公司 2022 年限制性股票激励计划授予权益的激励对象原为 98 名，其中符合 公司《激励计划》和《公司 2022 年限制性股票激励计划实施考核管理办法》相 关规定的激励对象为 93 名，5 名激励对象因职务变更、已离职或个人层面绩效 考核指标未达成，不再具备激励对象资格。上述 93 名激励对象不存在被交易所 公开谴责或宣布为不适当人选的情况，也不存在因重大违规行为被中国证监会予 以行政处罚的情况。监事会认为激励对象符合《上市公司股权激励管理办法》等 相关规定，作为公司 2022 年限制性股票激励计划第二期解锁的主体资格是合法 有效的。本次解锁的决策程序合法、合规。监事会同意公司对符合解锁条件的激 励对象办理授予限制性股票第二期解锁手续。 （本页以下无正文，下接签署页） (本页无正文,为杭州新坐标科技股份有限公司监事会关于 2022年限制性股票 激励计划第二期解锁的核查意见之签署页) 杭州新坐标科技股份有限公司监事会 关于 2022 年限制性股票激励计划第二期解锁的核查意见 杭州新坐标科技股份有限公司（以下简称"公司"）监事会根据《 ...

杭州新坐标科技股份有限公司 章 程 二零二四年十月 1 | 第一章 | 总则 4 | | | --- | --- | --- | | 第二章 | 经营宗旨和范围 | 5 | | 第三章 | 股份 5 | | | 第四章 | 股东和股东大会 | 8 | | 第一节 | 股东 8 | | | 第三节 | 股东大会的召集 | 13 | | 第四节 | 股东大会的提案与通知 | 14 | | 第五节 | 股东大会的召开 | 16 | | 第六节 | 股东大会的表决和决议 | 19 | | 第五章 | 董事会 24 | | | 第一节 | 董事 24 | | | 第二节 | 独立董事 | 26 | | 第三节 | 董事会 27 | | | 第六章 | 总经理及其他高级管理人员 | 34 | | 第七章 | 监事会 35 | | | 第一节 | 监事 35 | | | 第二节 | 监事会 36 | | | 第八章 | 党的建设 | 38 | | 第九章 | 财务会计制度、利润分配和审计 | 38 | | 第一节 | 财务会计制度 | 38 | | 第二节 | 内部审计 | 41 | | 第三节 | 会计师事务所的聘任 | ...

Financial Performance - The company's operating revenue for Q3 2024 was ¥168,460,852.52, representing a year-on-year increase of 12.47%[2] - The net profit attributable to shareholders for Q3 2024 was ¥50,383,645.45, an increase of 22.56% compared to the same period last year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥46,155,869.65, up 18.58% year-on-year[2] - The basic earnings per share for Q3 2024 was ¥0.38, reflecting a 22.58% increase from the previous year[3] - The net profit for Q3 2024 reached ¥168,093,295.42, an increase of 23.3% compared to ¥136,357,915.69 in Q3 2023[14] - Operating profit for Q3 2024 was ¥190,727,681.11, up from ¥156,663,514.49 in the same period last year, reflecting a growth of 21.7%[14] - Total operating revenue for the first three quarters of 2024 reached ¥496,632,773.16, an increase of 17.5% compared to ¥422,426,138.23 in the same period of 2023[12] - The company reported a total comprehensive income of ¥161,460,302.63 for Q3 2024, compared to ¥148,725,106.89 in Q3 2023, an increase of 8.8%[15] Assets and Liabilities - The total assets at the end of Q3 2024 amounted to ¥1,579,126,990.81, a 4.97% increase from the end of the previous year[3] - Total assets as of September 30, 2024, were ¥1,579,126,990.81, up from ¥1,504,347,215.74 at the end of 2023, indicating a growth of 4.9%[11] - Total liabilities decreased to ¥201,891,025.36 as of September 30, 2024, from ¥214,400,690.22 at the end of 2023, a reduction of 5.7%[11] - The company's total equity increased to ¥1,377,235,965.45 as of September 30, 2024, compared to ¥1,289,946,525.52 at the end of 2023, reflecting a growth of 6.8%[11] Cash Flow - The company reported a net cash flow from operating activities of ¥196,801,029.22 for the year-to-date, which is a decrease of 9.33% compared to the same period last year[2] - The cash flow from operating activities for Q3 2024 was ¥196,801,029.22, a decrease of 9.3% from ¥217,059,814.15 in Q3 2023[17] - The total cash inflow from investment activities for the first three quarters of 2024 was ¥426,067,283.64, compared to ¥108,633,840.18 in the same period of 2023, showing a substantial increase[17] - The net cash flow from financing activities was -¥103,405,614.57, a significant decrease compared to -¥15,758,603.55 in the previous period, indicating a decline in financing efficiency[18] - The total cash and cash equivalents at the end of the period amounted to ¥191,247,683.50, down from ¥362,923,531.43 at the beginning of the period, reflecting a decrease of approximately 47.3%[18] - The net increase in cash and cash equivalents for the period was ¥23,250,008.58, compared to ¥45,872,079.00 in the previous period, reflecting a decrease of approximately 49.3%[18] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 8,279[6] - The largest shareholder, Hangzhou Zuofeng Investment Management Co., Ltd., held 50.68% of the shares[6] - The company distributed ¥1,170,000.00 in dividends to minority shareholders, down from ¥1,400,000.00 in the previous period[18] - The company paid out ¥54,472,444.40 in dividends, interest, or profit distributions, down from ¥67,880,548.00 in the previous period, indicating a decrease of about 19.8%[18] Research and Development - The company is focusing on expanding its market presence and investing in new product development, although detailed figures on R&D expenditures were not provided[12] - Research and development expenses for Q3 2024 were ¥25,176,663.72, down from ¥28,536,132.24 in Q3 2023, a decrease of 11.7%[14] Financial Standards and Changes - The company has adopted new accounting standards starting from 2024, which may affect the financial statements[18]