内部控制审计报告 天健审〔2025〕6805 号 目 录 | 一、内部控制审计报告…………………………………………第 | 1—2 | 页 | | | --- | --- | --- | --- | | 二、附件…………………………………………………………第 | 3—6 | | 页 | | （一）本所营业执照复印件……………………………………… | 第 3 | 页 | | | （二）本所执业证书复印件……………………………………… | 第 4 | 页 | | | （三）本所签字注册会计师执业证书复印件………………… | 第 5-6 | 页 | | 我们认为，万控智造公司于 2024 年 12 月 31 日按照《企业内部控制基本规 第 1 页 共 6 页 万控智造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， 我们审计了万控智造股份有限公司（以下简称万控智造公司）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》以及《企业内部 控制评价指引》的规定，建立健全和有效实施内部控制，并评价 ...

目 录 一、非经营性资金占用及其他关联资金往来情况的专项 审计说明…………………………………………………………第 1—2 页 二、非经营性资金占用及其他关联资金往来情况汇总表…………… 第 3 页 三、附件………………………………………………………………第 4—7 页 （一）本所营业执照复印件……………………………………… 第 4 页 （二）本所执业证书复印件……………………………………… 第 5 页 （三）本所签字注册会计师执业证书复印件…………………第 6—7 页 非经营性资金占用及其他关联资金往来情况的 专项审计说明 天健审〔2025〕6806 号 万控智造股份有限公司全体股东： 我们接受委托，审计了万控智造股份有限公司（以下简称万控智造公司）2024 年度财务报表，包括 2024 年 12 月 31 日的合并及母公司资产负债表，2024 年度 的合并及母公司利润表、合并及母公司现金流量表、合并及母公司所有者权益变 动表，以及财务报表附注，并出具了审计报告。在此基础上，我们审计了后附的 万控智造公司管理层编制的 2024 年度《非经营性资金占用及其他关联资金往来 情况汇总表》（以下简称汇总表）。 一、对 ...

Financial Performance - The company's operating revenue for 2024 was approximately ¥2.03 billion, a decrease of 11.56% compared to ¥2.29 billion in 2023[22]. - Net profit attributable to shareholders for 2024 was approximately ¥96 million, down 45.04% from ¥175 million in 2023[22]. - Basic earnings per share for 2024 were ¥0.2395, reflecting a decline of 45.04% from ¥0.4358 in 2023[23]. - The weighted average return on equity decreased to 4.57% in 2024, down 4.10 percentage points from 8.67% in 2023[23]. - The net cash flow from operating activities for 2024 was approximately ¥311.7 million, a decrease of 12.87% from ¥357.7 million in 2023[22]. - Total assets at the end of 2024 were approximately ¥3.01 billion, a decrease of 9.76% from ¥3.34 billion at the end of 2023[22]. - The company achieved operating revenue of CNY 2,027,447,300.46, a decrease of 11.56% compared to the same period last year[64]. - The net profit attributable to shareholders was CNY 96,038,618.28, down 45.04% year-on-year[64]. - The net profit after deducting non-operating gains and losses was CNY 94,054,667.31, a decline of 46.05% compared to the previous year[64]. - The main business revenue decreased by 11.53% to CNY 1.972 billion, while the main business cost fell by 8.18% to CNY 1.526 billion[67]. Dividend Policy - The company plans to distribute a cash dividend of 0.08 CNY per share (including tax) for the 2024 fiscal year, pending shareholder approval[5]. - The company plans to distribute a cash dividend of 1.50 RMB per 10 shares to all shareholders, approved on April 25, 2024[145]. - The total cash dividend declared was CNY 0.80 per 10 shares, totaling CNY 32,080,000, which represents 33.40% of the net profit attributable to ordinary shareholders in the consolidated financial statements[147]. - Over the last three accounting years, the cumulative cash dividend amounted to CNY 124,310,000, with an average annual net profit of CNY 158,635,566.76, resulting in a cash dividend ratio of 78.36%[149]. Audit and Compliance - The company has received a standard unqualified audit report from Tianjian Accounting Firm[4]. - The company has established a comprehensive internal control system, with no significant deficiencies reported during the period[151]. - The internal control audit report issued by Tianjian Accounting Firm confirmed the effectiveness of the internal control system with a standard unqualified opinion[153]. - The company has implemented strict information disclosure policies to ensure transparency and compliance with legal requirements[119]. - The company has no record of penalties from securities regulatory agencies in the past three years[129]. - The company will adhere to regulations regarding the transfer of shares by directors, supervisors, and senior management, limiting annual transfers to 25% of their holdings[164]. Business Strategy and Operations - The company has adjusted its internal business and organizational structure to optimize resource allocation and improve operational efficiency[34]. - The company plans to focus on enhancing operational efficiency and seizing market opportunities amid a challenging macroeconomic environment[34]. - The company has initiated the closure of loss-making operations and the disposal of inefficient assets to improve overall performance[34]. - The strategic emerging industries, including new energy and digital economy, are highlighted as key growth areas despite the overall economic challenges[34]. - The company aims to enhance its supply chain management system, transitioning from traditional procurement to value integration, with a focus on cost savings and risk management[40]. - The company is implementing a dual-track management system for planning and dynamic pricing to enhance market responsiveness[36]. - The company is focusing on digital transformation and quality system optimization to improve manufacturing efficiency and core competitiveness[39]. - The company is committed to a dual domestic and international market strategy, enhancing its operational capabilities and expanding its presence in overseas markets[106]. Research and Development - The company focuses on R&D and manufacturing of distribution switch control equipment, with a strong emphasis on customized products[59]. - The company has invested in R&D, with expenses amounting to CNY 74,654,216.37, a decrease of 11.28% from the previous year[65]. - The number of R&D personnel is 301, representing 9.77% of the total workforce[81]. - The company is developing a demand-driven agile R&D system, focusing on five major product lines related to gas-insulated switchgear technology[108]. Market and Industry Trends - The total social electricity consumption in China is expected to reach 9.85 trillion kWh in 2024, with a year-on-year growth of 6.8%[44]. - The expected new installed power generation capacity in China for 2025 is over 450 million kW, with more than 300 million kW from new energy sources[45]. - The clean energy transition and rapid growth in wind and solar installations provide incremental support for the power equipment industry[50]. - The cumulative installed power generation capacity in China is expected to reach approximately 3.35 billion kilowatts by 2024, representing a year-on-year growth of 14.6%[101]. - Solar power generation capacity is projected to be around 890 million kilowatts, with a year-on-year increase of 45.2%, while wind power capacity is expected to reach 520 million kilowatts, growing by 18.0%[101]. Governance and Management - The board of directors consists of 7 members, including 3 independent directors, and operates in accordance with relevant laws and regulations[118]. - The company has established a comprehensive performance evaluation system linking assessment results to employee compensation and promotions to attract and retain talent[119]. - The company has a strong management team with extensive experience in the electrical equipment industry, enhancing its operational capabilities[123]. - The company has a structured compensation policy that links salaries to performance, with a focus on attracting and retaining key talent[142]. Risk Management - The company emphasizes the importance of risk awareness regarding forward-looking statements and future plans[6]. - The company faces risks related to raw material price fluctuations, with steel and copper being significant components of its cost structure[112]. - The company is focused on optimizing its supply chain to enhance efficiency and resilience while reducing costs[109]. - The company operates in sectors closely tied to the macroeconomy, and any adverse changes in macroeconomic conditions or national industrial policies could lead to a slowdown in downstream demand[114]. Social Responsibility - The company actively engaged in social responsibility initiatives, contributing CNY 62,600 to various public welfare projects[160]. - The company invested CNY 1,099,300 in environmental protection during the reporting period[154]. - The company implemented carbon reduction measures, successfully reducing carbon dioxide equivalent emissions by 1,287.45 tons through the use of clean energy and energy-efficient technologies[158].

Financial Performance - The company's operating revenue for Q1 2025 was ¥405,557,893.26, a decrease of 6.53% compared to ¥433,875,270.35 in the same period last year[5] - Net profit attributable to shareholders increased by 36.00% to ¥9,282,255.20 from ¥6,825,086.00 year-on-year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses rose by 48.94% to ¥8,853,924.38 compared to ¥5,944,529.03 in the previous year[5] - Basic and diluted earnings per share both increased by 36.00% to ¥0.023148 from ¥0.017020 year-on-year[5] - The total comprehensive income for Q1 2025 was CNY 9,234,315.56, up from CNY 6,054,895.77 in Q1 2024[17] - The total comprehensive income for the first quarter of 2025 was CNY 9,444,642.73, compared to CNY 12,900,564.44 in the first quarter of 2024, indicating a decrease[27] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,866,109,857.39, a decrease of 4.85% from ¥3,012,045,036.03 at the end of the previous year[6] - The equity attributable to shareholders increased by 0.44% to ¥2,135,064,163.25 from ¥2,125,782,563.13 at the end of the previous year[6] - Total current assets decreased from CNY 2,174,549,705.91 to CNY 1,857,852,517.04, a decline of approximately 14.5%[12] - Total liabilities decreased from CNY 880,927,114.53 to CNY 725,757,620.33, a reduction of about 17.6%[14] - Non-current assets increased from CNY 837,495,330.12 to CNY 1,008,257,340.35, an increase of approximately 20.4%[13] - The total assets of the company as of March 31, 2025, were CNY 2,358,949,631.29, a slight decrease from CNY 2,405,699,880.87 at the end of 2024[24] - The total liabilities amounted to CNY 601,682,345.57, down from CNY 657,877,237.88 in the previous year[24] Cash Flow - The net cash flow from operating activities was negative at -¥93,083,863.14, compared to -¥10,477,768.74 in the same period last year[5] - Cash flow from operating activities for Q1 2025 was negative at CNY -93,083,863.14, compared to CNY -10,477,768.74 in Q1 2024[19] - The net cash flow from investment activities was negative CNY 302,734,594.46, compared to a positive CNY 248,969,267.13 in the previous period[20] - The net cash flow from operating activities for Q1 2025 was -CNY 147,407,878.81, a significant decline from CNY 94,462,402.09 in Q1 2024[27] - Cash inflow from operating activities totaled CNY 278,294,253.74 in Q1 2025, down 42.5% from CNY 484,189,819.79 in Q1 2024[27] - Cash outflow from operating activities increased to CNY 425,702,132.55 in Q1 2025, compared to CNY 389,727,417.70 in Q1 2024, reflecting a rise of 9.2%[27] Accounts Receivable and Payable - The company reported a significant increase in accounts receivable by 31.10%, attributed to the seasonal nature of sales in the first quarter[9] - Accounts receivable increased from CNY 676,229,197.17 to CNY 886,519,257.35, an increase of approximately 31.1%[12] - The company reported a decrease in accounts receivable to CNY 611,670,338.97 from CNY 465,638,321.25 year-over-year[23] - Accounts payable decreased from CNY 257,679,145.45 to CNY 231,738,548.78, a decline of about 10.1%[14] Cost Management - The company implemented cost reduction and quality improvement measures, leading to a decrease in expenses year-on-year[9] - Total operating costs for Q1 2025 were CNY 391,427,294.43, down 8.8% from CNY 429,409,004.85 in Q1 2024[16] - Research and development expenses for Q1 2025 were CNY 10,695,935.83, a decrease of 25.5% from CNY 14,325,244.84 in Q1 2024[16] - The company's R&D expenses for Q1 2025 were CNY 8,445,144.44, a decrease of 25.5% from CNY 11,340,894.03 in Q1 2024[26] Cash and Cash Equivalents - Cash and cash equivalents dropped significantly from CNY 790,127,425.48 to CNY 345,198,830.89, representing a decrease of about 56.3%[12] - The total cash and cash equivalents at the end of the period were CNY 140,069,330.26, a significant decrease from CNY 912,409,112.51 at the end of the previous year[20] - Total cash and cash equivalents at the end of Q1 2025 were CNY 74,322,557.73, a decrease from CNY 721,818,189.63 at the end of Q1 2024[28] Other Financial Metrics - The company recognized non-recurring gains of ¥1,531,600.00 from government subsidies related to normal business operations[7] - The company reported a financial asset impairment loss of CNY -7,057,172.26 in Q1 2025, compared to CNY -3,556,781.52 in Q1 2024[17] - The company maintained a minority shareholder loss of CNY -47,284.56 in Q1 2025, an improvement from CNY -770,190.23 in Q1 2024[17] - The company paid CNY 365,400,000.00 in other cash related to investment activities in Q1 2025[28] - The company is not applying new accounting standards or interpretations starting from 2025[28]

经核查公司独立董事的任职履历及其出具的自查报告,独立董事刘兆林、戴 文涛、张磊未在公司担任除独立董事、董事会专门委员会委员之外的其他任何职 务,也未在公司主要股东及其附属单位任职,与公司及主要股东、实际控制人不 存在直接或者间接的利害关系,也不存在其他可能影响其进行独立客观判断的关 系。公司现任独立董事均符合《上市公司独立董事管理办法》《上海证券交易所 上市公司自律监管指引第1号 -- 规范运作》等规范性文件以及《公司章程》对 于独立董事独立性的有关要求。 董事会关于独立董事 2024年度独立性的专项意见 万控智造胜 根据《上市公司独立董事管理办法》《上海证券交易所上市公司自律监管指 引第 1 号 -- 规范运作》等有关规定,并结合独立董事刘兆林、戴文涛、张磊分 别向公司董事会提交的《独立董事关于 2024年度独立性情况的自查报告》(以下 简称"自查报告"),万控智造股份有限公司(以下简称"公司")董事会就 2024. 年度在任独立董事的独立性情况进行评估并出具如下专项意见: 万控智造股份有限公司 ...

舆情管理制度 万控智造股份有限公司 第一条 为提高万控智造股份有限公司（以下简称"公司"）应对各类舆情 的能力，建立快速反应和应急处置机制，正确把握和引导网络舆论导向，及时、 妥善处理各类舆情对公司股票及其衍生品交易价格、商业信誉及日常生产经营活 动造成的影响，切实保护投资者合法权益，依据有关法律、行政法规、规范性文 件和《公司章程》的规定，结合公司实际情况制订本制度。 第二条 本制度所称舆情包括： （一） 报刊、电视、网络等媒体对公司进行的负面报道； （二） 社会上存在的已经或将给公司造成不良影响的传言或信息； （三） 可能或者已经影响社会公众投资者投资取向，造成公司股票及其衍 生品交易价格异常波动的信息； （四） 其他涉及公司信息披露且可能对公司股票及其衍生品交易价格产生 较大影响的事件信息。 第三条 公司舆情管理坚持"科学应对、突出导向、注重实效"的总体原则， 有效引导内部舆论和社会舆论，避免和消除因媒体可能对公司造成的各种负面影 响，切实维护公司的利益和形象。 第二章 舆情管理组织体系及工作开展 第四条 公司董事会应对各类舆情实行统一领导、统一组织、快速反应、协 同应对。 舆情管理制度 第一章 总则 ...

对外担保管理制度 万控智造股份有限公司 对外担保管理制度 第一章 总 则 第一条 为了规范万控智造股份有限公司（以下简称"公司"）的对外担保行 为，防范对外担保风险，确保公司资产安全和保护投资者的合法权益，根据《中 华人民共和国公司法》（以下简称《公司法》）、《中华人民共和国民法典》《上海 证券交易所股票上市规则》（以下简称《上市规则》）、《上市公司监管指引第 8 号——上市公司资金往来、对外担保的监管要求》等有关法律、部门规章、规范 性文件以及《万控智造股份有限公司章程》（以下简称《公司章程》）的相关规定， 结合公司的实际情况，特制定本制度。 第二条 本制度所称对外担保是指公司以第三人的身份为债务人所负的债务 提供的保证、抵押或质押担保，当债务人不履行债务时，由公司按照约定履行债 务或者承担责任的行为，包括公司对子公司的担保。子公司的对外担保及子公司 对子公司的担保也应比照本制度履行相应审批程序和披露义务。 第三条 本制度适用于本公司及本公司的全资、控股子公司（以下简称"子 公司"）。公司对外担保实行统一管理，未依据本制度规定经董事会或股东大会批 准，公司及子公司不得对外提供担保，不得相互提供担保，任何人无 ...

经公司 2022 年第二次临时股东大会选举，担任公司第二届董事会独立董事， 任期自 2022 年 7 月 27 日至 2025 年 7 月 26 日。经公司第二届董事会第一次会议 审议，担任公司第二届董事会提名委员会委员、审计委员会委员，并担任审计委 员会主任委员。 （三）任职条件独立性说明 作为公司独立董事，本人具备行使职权相适应的工作经验、专业知识，符合 《上市公司独立董事管理办法》规定的独立性要求和任职条件，不存在影响履职 独立性的情况。 万控智造股份有限公司 独立董事 2024 年度述职报告 按照《公司法》《上市公司治理准则》《上市公司独立董事管理办法》《上海 证券交易所股票上市规则》等有关法律、行政法规、规范性文件以及《公司章程》 等有关规定，本人作为万控智造股份有限公司（以下简称"公司"）的独立董事， 勤勉尽责，充分发挥专业特长，主动了解公司经营发展状况，积极出席董事会和 股东大会等相关会议，参与公司重大决策，对重大事项发表独立、客观的意见， 努力维护公司整体利益及全体股东的合法权益。现就 2024 年度工作情况报告如 下： 一、独立董事的基本情况 （一）个人履历 本人戴文涛，男，1971 年出生 ...

第四条 公司的关联人包括关联法人（或者其他组织）和关联自然人。 关联交易管理制度 万控智造股份有限公司 关联交易管理制度 第一章 总 则 第一条 为进一步规范万控智造股份有限公司（以下简称"公司"）关联交易 管理，明确关联交易决策程序和管理职责与分工，维护公司、公司股东和债权人 的合法利益，特别是中小投资者的合法利益，保证公司与关联方之间订立的关联 交易合同符合公平、公正、公开的原则，根据《中华人民共和国公司法》（以下 简称《公司法》）、《中华人民共和国证券法》（以下简称《证券法》）、《上市公司 治理准则》《企业会计准则--关联方关系及其交易的披露》（以下简称《企业会计 准则》）、《上海证券交易所股票上市规则》（以下简称《上市规则》）等有关法律、 行政法规、部门规章及规范性文件和《万控智造股份有限公司章程》（以下简称 《公司章程》）的相关规定，特制订本制度。 第二条 公司及下属子公司应当尽量避免或减少与关联方之间的关联交易， 对于必须发生的关联交易，应当保证关联交易的合法性、必要性、合理性和公允 性，不得损害公司和其他非关联股东的利益。不得通过将关联交易非关联化、隐 瞒关联关系等途径规避关联交易相关审议程序和 ...

子公司管理制度 万控智造股份有限公司 （二） 公司直接或间接合计持有其 50%以上股权（份）的公司； （三） 公司对其持股比例虽未超过 50%，但能够决定其董事会半数以上成员 当选，或者通过协议或其他安排能够实际控制的公司。 第三条 公司依据对子公司资产控制和上市公司规范运作的要求，以持有 的出资份额或协议安排，依法对子公司的资产收益分配、重大事项决策、管理者 选择、股权处置等事项享有股东权利，通过其公司治理架构、人力资源、财务管 理、信息报送、经营计划、审计监督等途径行使股东权利，并对子公司行使服务、 协调、指导等职能。 第四条 子公司在公司的整体发展战略和总体经营方针下开展日常经营运 作，同时结合自身特点，建立健全法人治理结构和内部管理制度体系。子公司应 当参照本制度要求逐层建立对其子公司的管理机制，并接受公司的管控和监督。 第二章 公司治理及机构职能 子公司管理制度 第一章 总 则 第一条 为保证万控智造股份有限公司（以下简称"公司"）对下属子公 司（以下简称"子公司"）资产、组织、资源等方面的有效控制，确保子公司规 范、高效、有序运作，提高公司整体运作效率和风险管控水平，保护投资者合法 权益，根据《中 ...