| 证券代码：603060 | 证券简称：国检集团 | 公告编号：2025-023 | | --- | --- | --- | | 转债代码：113688 | 转债简称：国检转债 | | 中国国检测试控股集团股份有限公司 关于使用闲置募集资金进行现金管理进展的公告 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： 一、本次现金管理概况 （一）现金管理目的 为规范公司募集资金管理，保护投资者权益，公司与保荐机构、存放募集资 金的商业银行签署了《募集资金专户存储三方监管协议》，公司与募投项目实施 主体相关的子公司及保荐机构、存放募集资金的商业银行签署了《募集资金专户 存储四方监管协议》，对募集资金实施专户存储管理。 | 受托方名称 | 产品类型 | 产品名称 | 金额（万 | 预计年化收 | 预计收益金额（万 | | --- | --- | --- | --- | --- | --- | | | | | 元） | 益率 | 元） | | 交通银行股份 有限公司 | 定期存款 | 三个月定期 存款 | 5,000.00 ...

| | | 中国国检测试控股集团股份有限公司 第五届监事会第十一次会议决议公告 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 公司第五届监事会第十一次会议通知及会议材料于 2025 年 4 月 24 日以电子 邮件方式送达全体监事，于 2025 年 4 月 29 日上午在北京市朝阳区管庄东里 1 号国检集团大楼八层第七会议室以现场方式召开。会议应到监事 5 人，实到 5 人。会议由公司监事会主席杨娟女士主持，公司董事会秘书及证券事务代表列席 本次会议。本次会议符合《公司法》和《公司章程》的有关规定，会议召集、召 开合法有效。 二、监事会会议审议情况 审议通过《关于公司 2025 年第一季度报告的议案》 表决结果：同意 5 票 反对 0 票 弃权 0 票 监事会认为，公司 2025 年第一季度报告的编制和审议程序符合法律、法规、 公司章程和公司内部管理制度的各项规定；第一季度报告的内容和格式符合中国 证监会和证券交易所的各项规定，所包含的信息能从各个方面真实地反映出公司 当季度的经营管理和财务状况等事项 ...

| 证券代码：603060 | 证券简称：国检集团 | 公告编号：2025-024 | | --- | --- | --- | | 转债代码：113688 | 转债简称：国检转债 | | 二、董事会会议审议情况 审议通过《关于公司 2025 年第一季度报告的议案》 表决结果：同意 9 票 反对 0 票 弃权 0 票 本议案已经公司第五届董事会审计委员会第十一次会议审议通过。 中国国检测试控股集团股份有限公司 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法律责任。 一、董事会会议召开情况 公司第五届董事会第十二次会议通知于 2025 年 4 月 24 日以电子邮件方式送 达全体董事，于 2025 年 4 月 29 日上午在北京市朝阳区管庄东里 1 号国检集团八 层第七会议室以现场方式召开。会议应到董事 9 人，实到 9 人。会议由董事长朱 连滨先生主持，公司全体监事和全体高级管理人员列席会议。本次会议符合《公 司法》和《公司章程》的有关规定，会议的召集、召开合法有效。 国检集团第五届董事会第十二次会议决 ...

Financial Performance - The company's operating revenue for Q1 2025 was CNY 493,443,030.95, representing a 7.60% increase compared to CNY 458,601,757.75 in the same period last year[4] - The net profit attributable to shareholders was a loss of CNY 30,562,676.20, which is an 11.81% increase in loss compared to a loss of CNY 27,334,264.78 in the previous year[4] - The basic earnings per share for the period was -CNY 0.0380, a decrease of 11.76% from -CNY 0.0340 in the previous year[4] - The diluted earnings per share was also -CNY 0.0380, reflecting a 12.43% increase in loss compared to -CNY 0.0338 in the same period last year[4] - Operating profit for Q1 2025 was -¥37.23 million, compared to -¥30.03 million in Q1 2024, indicating a decline in profitability[16] - The company reported a net loss of -¥32.33 million for Q1 2025, compared to a net loss of -¥29.25 million in Q1 2024[16] - The net loss for Q1 2025 was approximately ¥34.16 million, an improvement from a net loss of ¥35.43 million in Q1 2024, indicating a reduction of about 3.6% year-over-year[17] - The total comprehensive loss for Q1 2025 was approximately ¥31.28 million, compared to a loss of ¥39.43 million in Q1 2024, reflecting a decrease of about 20.7% year-over-year[17] Cash Flow and Liquidity - The net cash flow from operating activities improved by 38.10%, amounting to a loss of CNY 75,216,073.22, compared to a loss of CNY 121,518,053.60 in the same period last year[4] - The company's cash flow from operating activities showed a negative trend, indicating potential liquidity challenges moving forward[16] - Cash inflows from operating activities totaled approximately ¥523.07 million in Q1 2025, down from ¥541.36 million in Q1 2024, representing a decrease of about 3.4% year-over-year[19] - Cash outflows from operating activities were approximately ¥598.29 million in Q1 2025, compared to ¥662.87 million in Q1 2024, indicating a decrease of about 9.7% year-over-year[19] - The net cash flow from investing activities for Q1 2025 was approximately -¥301.23 million, worsening from -¥55.39 million in Q1 2024[20] - Cash inflows from investing activities in Q1 2025 were approximately ¥103.32 million, significantly higher than ¥4.39 million in Q1 2024[20] - Cash outflows from financing activities totaled approximately ¥137.70 million in Q1 2025, down from ¥256.57 million in Q1 2024, reflecting a decrease of about 46.3% year-over-year[20] - The ending cash and cash equivalents balance for Q1 2025 was approximately ¥343.88 million, compared to ¥259.74 million in Q1 2024, indicating an increase of about 32.4% year-over-year[20] Assets and Liabilities - Total assets at the end of the reporting period were CNY 5,687,379,799.50, reflecting a 0.91% increase from CNY 5,636,239,913.16 at the end of the previous year[4] - The equity attributable to shareholders decreased by 1.33%, totaling CNY 2,051,459,486.39 compared to CNY 2,079,147,834.09 at the end of the previous year[4] - Current assets increased to ¥2.52 billion as of March 31, 2025, from ¥2.47 billion at the end of 2024, reflecting a growth of 2.1%[12] - Cash and cash equivalents decreased to ¥353.35 million from ¥605.92 million, a decline of 41.6%[11] - Short-term borrowings rose to ¥721.51 million, an increase of 24.6% from ¥578.70 million at the end of 2024[12] - Non-current liabilities totaled ¥1.35 billion as of March 31, 2025, slightly up from ¥1.34 billion at the end of 2024[13] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 20,181[6] - The company reported non-recurring gains and losses totaling CNY 9,887,835.82, primarily from government subsidies and other non-operating income[7]

Overview - The water environment monitoring market in China is rapidly emerging, with a projected market size of 27.443 billion yuan in 2024, representing a year-on-year growth of 5.28%. Water environment monitoring services account for approximately 50.7% of the market, while monitoring equipment makes up about 49.3% [1][9]. Industry Chain - The water environment monitoring industry in China consists of monitoring equipment and services. The upstream includes suppliers of raw materials such as metals, plastics, and optical materials, as well as manufacturers of components like sensors and data analysis software. The downstream market includes government departments, water companies, and pollution source enterprises in sectors like power, chemicals, and pharmaceuticals [4]. Market Policies - The Chinese government has issued several policies to enhance water quality monitoring and protection, including the "National Water Network Construction Planning Outline" and various guidelines aimed at improving water quality and ecological restoration. These policies create a favorable environment for the development of the water environment monitoring industry [6][8]. Current Development - The water environment monitoring market is experiencing significant growth due to stringent environmental policies. The demand for monitoring services is expected to increase as downstream enterprises strive to meet emission standards and sustainable production requirements [9]. Competitive Landscape - The water environment monitoring industry features both equipment manufacturers and service providers. High-end monitoring equipment is primarily dominated by foreign companies and large domestic firms like Lihua Technology and Xuedilong, while the low-end market is highly competitive with many small domestic enterprises. In the service sector, large third-party monitoring institutions and state-owned entities provide comprehensive services and enjoy high market recognition [11]. Representative Companies - **Xuedilong Technology Co., Ltd.**: Founded in 2001 and listed in 2012, the company focuses on environmental monitoring and has achieved a revenue of 1.42 billion yuan in 2024, with 80.14% coming from ecological monitoring systems [13]. - **China National Inspection Testing Group**: Established from the inspection and certification sector, the company reported a revenue of 1.041 billion yuan in the first half of 2024, with 71.90% from inspection and testing services [15]. Development Trends - Future trends in the water environment monitoring industry include the widespread application of IoT technology for real-time data collection, integration of big data and AI for predictive analysis, and the establishment of standardized monitoring practices to ensure data accuracy and reliability [17].

中国国际金融股份有限公司 关于中国国检测试控股集团股份有限公司 2024 年度持续督导年度报告书 经中国证券监督管理委员会《关于同意中国国检测试控股集团股份有限公司 向不特定对象发行可转换公司债券注册的批复》（证监许可〔2024〕1227 号）同 意注册，并经上海证券交易所同意，中国国检测试控股集团股份有限公司（以下 简称"国检集团"、"公司"、"发行人"）向不特定对象发行可转换公司债券 8,000,000 张，每张面值为人民币 100 元，可转换公司债券募集资金总额为人民 币 800,000,000.00 元，扣除保荐与承销费用（不含税）5,660,377.36 元后公司实 际收到的募集资金为 794,339,622.64 元，上述资金已于 2024 年 10 月 23 日全部 到账。另扣除与发行有关的费用 2,198,113.22 元，公司本次募集资金净额为 792,141,509.42 元。 中国国际金融股份有限公司（以下简称"保荐机构"或"保荐人"）担任国 检集团 2024 年度向不特定对象发行可转换公司债券的保荐机构。保荐机构根据 《证券发行上市保荐业务管理办法》以及《上海证券交易所上市公司自律监管 ...

| 证券代码：603060 | 证券简称：国检集团 | 公告编号：2025-022 | | --- | --- | --- | | 转债代码：113688 | 转债简称：国检转债 | | 中国国检测试控股集团股份有限公司 关于使用闲置募集资金进行现金管理进展的公告 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： 不超过 500 万元人民币。 ● 现金管理产品名称：三个月期限定期存款； 一年期协定存款。 ● 现金管理期限：2025 年 4 月 23 日至 2025 年 7 月 23 日； 2025 年 4 月 23 日至 2026 年 4 月 22 日。 ● 履行的审议程序：2024 年 12 月 17 日，公司召开第五届董事会第十次会 议、第五届监事会第九次会议，审议通过了《关于使用闲置募集资金进 行现金管理额度的议案》，同意公司在确保不影响募集资金项目建设和 募集资金使用的情况下，使用额度不超过人民币 3 亿元（含本数）的闲 置募集资金进行现金管理，该额度自公司董事会审议通过之日起 12 个月 内有效，公司可 ...

Investment Rating - The report maintains a "Buy" rating for the company [6] Core Views - The company's Q4 earnings are under short-term pressure due to declining gross margins and increased impairment losses, but significant recovery in profitability is expected in 2025 [1] - The company plans to achieve a revenue of 2.8 billion in 2025, representing a 7% increase, and a total profit of 380 million, indicating an 18% growth [1] - The company is focusing on expanding into emerging markets such as smart water conservancy and nuclear power, which are expected to drive transformation and upgrade of existing businesses [4] Revenue and Profitability - In 2024, the company achieved total revenue of 2.62 billion, a decrease of 1.6% year-on-year, and a net profit attributable to shareholders of 204 million, down 20.8% year-on-year [5] - The revenue from the main inspection and testing business grew steadily, while the smart manufacturing segment saw a significant decline of 20% [2] - The overall gross margin for 2024 was 43.51%, a decrease of 1.5 percentage points, primarily due to the impact of smart manufacturing and environmental food and agriculture testing [3] Financial Projections - The company expects net profits for 2025, 2026, and 2027 to be 223 million, 235 million, and 245 million respectively, with year-on-year growth rates of 9.6%, 5.5%, and 3.9% [4][5] - The earnings per share (EPS) for the same years are projected to be 0.28, 0.29, and 0.30 yuan per share [4][5] - The current stock price corresponds to a price-to-earnings (P/E) ratio of 25 for 2025 [4] Business Segments - The revenue from the inspection and testing segment was 1.87 billion, up 3% year-on-year, while the environmental and food testing segment saw a decline of 11% [2] - The company is optimizing its business structure, with emerging sectors like new materials and water conservancy accounting for nearly 50% of revenue in 2024 [3]

Market Overview - The Shanghai Composite Index closed at 3299.76 points, above the annual line, with a change of 0.25% [1] - The total trading volume of A-shares reached 1,121.207 billion yuan [1] Stocks Breaking Annual Line - A total of 106 A-shares have broken above the annual line today [1] - Notable stocks with significant deviation rates include: - Youbuxun: 17.49% deviation, closing price at 15.18 yuan, with a daily increase of 20.00% and turnover rate of 6.57% [1] - Fujilai: 14.53% deviation, closing price at 29.09 yuan, with a daily increase of 20.01% and turnover rate of 30.40% [1] - Chongqing Construction: 8.33% deviation, closing price at 3.01 yuan, with a daily increase of 9.85% and turnover rate of 2.93% [1] Additional Stocks with Minor Deviations - Jiangxi Copper, Meirya, and Laimu Co. have just crossed the annual line with smaller deviation rates [1] - Other stocks with notable performance include: - Changjiang Investment: 7.98% deviation, closing price at 8.01 yuan, with a daily increase of 10.03% [1] - Qingtang City: 7.70% deviation, closing price at 3.78 yuan, with a daily increase of 9.88% [1] - Shenchuan A: 7.45% deviation, closing price at 6.75 yuan, with a daily increase of 9.93% [1] Summary of Stocks with Deviation Rates - A detailed table lists various stocks, their daily change percentages, turnover rates, annual line prices, latest prices, and deviation rates, highlighting the performance of stocks like: - Dongjiang Environmental: 3.70% deviation, closing price at 4.28 yuan, with a daily increase of 10.03% [1] - Feinan Resources: 3.56% deviation, closing price at 19.88 yuan, with a daily increase of 3.92% [1] - The table provides a comprehensive view of the market dynamics and stock performances on the day [2]

证券研究报告 国检集团 (603060 CH) 工程/材料检测毛利率提升，分红 45% | 华泰研究 | | | 年报点评 | | --- | --- | --- | --- | | 2025 年 | 4 月 | 22 日│中国内地 | 检测及服务 | 公司公布 2024 年年报：公司实现营收 26.17 亿元，同比-1.63%；归母净利 润2.04亿元，同比-20.79%，对应4Q24归母净利润1.32亿元，同比-27.76%， 低于我们 4Q24 业绩前瞻报告预期中枢的 1.88 亿元，主要系公司检测仪器 及智能制造业务营收及毛利率因下游客户需求暂减弱，市场竞争加剧情况下 业务价格有所下降但定制化需求多样而低于预期。2024 年公司 DPS 为 0.114 元/股（含税），分红比例为 45%，同比提升 4.98pp。2024 年公司工 程/材料检测业务毛利率分别提升 2.75/1.05pp，主要系公司在传统建工、建 材检测基础上拓展水利工程检测、新材料检测等业务，维持"买入"。 2024 年检测仪器及智能制造业务营收承压，工程/材料检测收入稳健增长 2024 年，分板块看，公司检验检测/认证/检验仪器与智 ...