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。 | 证券代码：603081 | 证券简称：大丰实业 公告编号：2024-050 | | --- | --- | | 转债代码：113530 | 转债简称：大丰转债 | 浙江大丰实业股份有限公司 第四届董事会第十二次会议决议公告 一、董事会会议召开情况 浙江大丰实业股份有限公司（以下简称"公司"）第四届董事会第十二次会 议于 2024 年 6 月 17 日在公司住所地会议室以现场结合通讯方式召开。会议应到 董事 9 名，出席会议董事 9 名。本次会议由董事长丰华先生主持，公司监事和高 级管理人员列席会议。本次会议的召集、召开及表决程序符合《公司法》、《公司 章程》的规定，合法有效。 详见公司同日在上海证券交易所网站（www.sse.com.cn）披露的《关于不向 下修正"大丰转债"转股价格的公告》（公告编号：2024-051）。 特此公告。 浙江大丰实业股份有限公司 二、董事会会议审议情况 1、审议通过《关于不向下修正"大丰转债"转股价格的议案》 鉴于"大丰转债"距离 6 年的存续 ...

| | | 浙江大丰实业股份有限公司 关于不向下修正"大丰转债"转股价格的公告 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。 一、可转换公司债券基本情况 经中国证券监督管理委员会"证监许可[2019]205号"文核准，浙江大丰实 业股份有限公司（以下简称"公司"）于2019年3月27日公开发行了630万张可转 换公司债券，每张面值100元，发行总额为63,000万元（含发行费用），期限6 年。 经上海证券交易所自律监管决定书[2019]56号文同意，公司63,000万元可转 换公司债券将于2019年4月18日起在上海证券交易所挂牌交易，债券简称"大丰 转债"，债券代码"113530"。 1 2021年6月10日，公司完成2020年年度权益分配，根据《浙江大丰实业股份 有限公司公开发行可转换公司债券募集说明书》中发行条款以及中国证监会关于 可转换公司债券发行的有关规定，大丰转债的转股价格自2021年6月10日起由 16.64元/股调整为16.49元/股，具体内容详见公司披露在上海证券交易所网站 （www.sse.com.cn） ...

| | | 重要内容提示： 一、可转债发行上市概况 经中国证券监督管理委员会"证监许可[2019]205号"文核准，浙江大丰实 业股份有限公司（以下简称"公司"）于2019年3月27日公开发行了630万张可转 换公司债券，每张面值100元，发行总额为63,000万元（含发行费用），期限6 年。 经上海证券交易所自律监管决定书[2019]56号文同意，公司63,000万元可转 换公司债券将于2019年4月18日起在上海证券交易所挂牌交易，债券简称"大丰 转债"，债券代码"113530"。 二、可转债转股价格向下修正条款 1 浙江大丰实业股份有限公司 关于"大丰转债"预计触发转股价格向下修正的提示性公告 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。 如公司决定向下修正转股价格时，公司须在中国证监会指定的信息披露报刊 及互联网网站上刊登相关公告，公告修正幅度和股权登记日及暂停转股期间（如 需）等有关信息。从股权登记日后的第一个交易日（即转股价格修正日）起，开 始恢复转股申请并执行修正后的转股价格。 若转股价格修正日为转股申请日或之 ...

| 证券代码：603081 | 证券简称：大丰实业 | 公告编号：2024-048 | | --- | --- | --- | | 转债代码：113530 | 转债简称：大丰转债 | | 浙江大丰实业股份有限公司 关于股份回购进展公告 根据《上海证券交易所上市公司自律监管指引第 7 号—回购股份》等相关规 定，公司当在每个月的前 3 个交易日内公告截至上月末的回购进展情况。现将回 购股份的情况公告如下： 2024 年 5 月，公司未以集中竞价交易方式回购股份。 截至 2024 年 5 月 31 日，公司通过上海证券交易所以集中竞价交易方式累计 回购公司股份 3,618,919 股，占公司总股本的 0.88%，回购成交的最高价格为 10.40 元/股，最低价格为 9.40 元/股，使用的资金总额为 3,558.73 万元（不含印花税、交 易佣金等交易费用）。上述回购股份进展符合相关法律法规的规定及公司回购股份 方案的要求。 三、 其他事项 公司将严格按照《上市公司股份回购规则》《上海证券交易所上市公司自律监 管指引第 7 号——回购股份》等相关规定，在回购期限内根据市场情况择机做出回 购决策并予以实施，同时根据 ...

Summary of the Conference Call on Dafeng Industrial Company Overview - **Company**: Dafeng Industrial - **Industry**: Cultural and Tourism Equipment Key Points and Arguments 1. **Policy Update**: A new policy for large-scale equipment updates in the tourism sector was officially released on May 23, 2024, with preliminary notifications received by the company on May 16, 2024 [7][9]. 2. **Investment Requirements**: Each project under the new policy requires a minimum investment of 20 million yuan, with funding primarily sourced from direct state subsidies [9]. 3. **Equipment Categories**: The policy outlines four major categories for equipment updates: - Sightseeing equipment (e.g., cable cars, tourism vehicles) - Amusement facilities - Performance equipment (e.g., stage lighting, sound systems) - Smart cultural tourism equipment [8]. 4. **Revenue Impact**: The company anticipates that the new policy will positively impact revenue, particularly in traditional performance equipment, which constitutes a significant portion of its business [10][12]. 5. **Project Applications**: The company has received feedback from several provinces, estimating project applications ranging from 500 million to 1 billion yuan per province [12]. 6. **Digital Upgrades**: The company is focusing on digital upgrades in cultural tourism, which are expected to yield higher margins compared to traditional equipment [13][48]. 7. **Operational Expansion**: The company has expanded its operational footprint, increasing the number of projects from around 100 to approximately 250 since the pandemic [14]. 8. **Revenue Projections**: The company aims for a revenue target of 1 billion yuan this year, with a total order target of 2 billion yuan [49]. Additional Important Content 1. **Government Support**: The government is expected to provide substantial financial support for projects, which will improve the company's cash flow and reduce outstanding debts from previous projects [18][27]. 2. **Competitive Advantage**: The company holds around 1,000 patents and is the only domestic firm capable of providing integrated solutions for performance equipment [22]. 3. **Project Bid Success Rate**: The company has a bid success rate of approximately 70% for mid to high-end projects [20]. 4. **Revenue Streams**: The company generates revenue from various sources, including ticket sales, operational management of theaters, and educational programs [32][41]. 5. **Future Growth Areas**: The company is exploring opportunities in the esports sector, with plans to develop and upgrade esports venues [56]. This summary encapsulates the key insights from the conference call regarding Dafeng Industrial's current status, industry dynamics, and future outlook.

浙江大丰实业股份有限公司 2023年年度股东大会会议资料 浙江大丰实业股份有限公司 2023 年年度股东大会 会议资料 2024 年 5 月 1 浙江大丰实业股份有限公司 2023年年度股东大会会议资料 2023 年年度股东大会会议议程 会议召开时间： 1、现场会议时间：2024 年 5 月 23 日 14:00 时 2、网络投票时间：上海证券交易所网络投票系统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。 会议召开地点： 浙江大丰实业股份有限公司 2024 年 5 月 2 1、参会人员签到 2、主持人介绍股东到场情况，宣布会议开始 3、宣读大会有关议案并审议 4、股东及股东代理人提问和解答 5、推举计票人、监票人 6、现场股东投票表决 7、收集现场表决票并计票，宣布现场表决结果 8、休会，将现场表决结果与网络投票表决结果进行汇总 9、宣读股东大会决议 10、律师发表见证意见 11、宣布股东大会闭幕 浙江大丰实业股份有限公司 2023年年度股东大会会议资料 议案一： 《关于审议<2 ...

重要内容提示： | 回购方案首次披露日 | 2024/3/12，由公司董事长提议 | | --- | --- | | 回购方案实施期限 | 待董事会审议通过后 个月 12 | | 预计回购金额 | 10,000 万元~20,000 万元 | | 回购用途 | □减少注册资本 □用于员工持股计划或股权激励 | | | √用于转换公司可转债 | | | □为维护公司价值及股东权益 | | 累计已回购股数 | 股 3,618,919 | | 累计已回购股数占总股本比例 | 0.88% | | 累计已回购金额 | 万元 3,558.73 | | 实际回购价格区间 | 9.40 元/股~10.40 元/股 | 一、 回购股份的基本情况 | 证券代码：603081 | 证券简称：大丰实业 公告编号：2024-046 | | --- | --- | | 转债代码：113530 | 转债简称：大丰转债 | 浙江大丰实业股份有限公司 关于股份回购进展公告 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。 浙江大丰实业股份有限公司（以下简称"公司" ...

关于实际控制人增持股份计划时间过半的进展公告 | 证券代码：603081 | 证券简称：大丰实业 | 公告编号：2024-045 | | --- | --- | --- | | 转债代码：113530 | 转债简称：大丰转债 | | 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。 浙江大丰实业股份有限公司 重要内容提示： 一、增持主体的基本情况 浙江大丰实业股份有限公司（以下简称"公司"）实际控制人丰华、 GAVIN JL FENG 基于对公司未来发展的信心和对公司长期投资价值的 认可，拟于 2023 年 10 月 26 日起 12 个月内通过集中竞价交易方式增 持公司股份，拟增持股份金额合计不低于人民币 3,000 万元且不高于 人民币 6,000 万元。具体内容详见公司在指定信息披露媒体及上海证 券交易所网站（www.sse.com.cn）披露的《浙江大丰实业股份有限公 司关于实际控制人增持股份计划的公告》（公告编号：2023-072）。 增持计划实施进展：截至本公告披露日，本次增持计划时间已过半，公 司实际控制人丰华、G ...

Investment Rating - Buy (maintained) [1] Core Views - The company's 2023 performance was under pressure due to delayed project deliveries and lower-than-expected construction start rates, leading to a significant decline in revenue and net profit [5] - In 2024Q1, the company's net profit improved significantly, driven by its transformation into content operations and the synergistic development of cultural, sports, and tourism sectors [5] - The company's profitability is expected to gradually improve, supported by the optimization of its main business and the growth of new businesses [5] Business Performance - In 2023, the company's revenue from cultural and sports equipment, digital art technology, rail transit, and cultural tourism operations were 1.387 billion yuan, 230 million yuan, 106 million yuan, and 182 million yuan, respectively, with year-on-year changes of -36.35%, -42.72%, -32.06%, and +125.74% [6] - The gross profit margins for these businesses were 23.45%, 34.84%, 5.06%, and 27.23%, respectively, with year-on-year changes of -5.66, -2.13, -20.94, and +13.27 percentage points [6] - The company's ToC cultural, sports, and tourism business showed strong growth, with the number of operational venues increasing to 13 in 2023 [6] Financial Performance - In 2023, the company's revenue was 1.938 billion yuan, a year-on-year decrease of 31.8%, and net profit attributable to the parent company was 101 million yuan, a year-on-year decrease of 64.8% [5] - In 2024Q1, the company's revenue was 290 million yuan, a year-on-year decrease of 13.14%, while net profit attributable to the parent company was 34 million yuan, a year-on-year increase of 58.77% [5] - The company's gross profit margin in 2024Q1 was 37%, a year-on-year increase of 10.8 percentage points, reaching a historical high for a single quarter [7] Future Outlook - The company's unfulfilled contract amount as of the end of 2023 was 2.743 billion yuan, and it has won several large-scale cultural, sports, and tourism integration projects in 2024 [7] - The company is expected to benefit from the policy of updating cultural, sports, and tourism equipment, and its project quality is expected to improve further [7] - The company's net profit attributable to the parent company is forecasted to be 186 million yuan, 237 million yuan, and 299 million yuan in 2024, 2025, and 2026, respectively, with year-on-year growth rates of 83.8%, 27.5%, and 26.2% [5] Valuation Metrics - The company's current P/E ratio is 22.1x, 17.3x, and 13.7x for 2024, 2025, and 2026, respectively [5] - The company's EPS is forecasted to be 0.45 yuan, 0.58 yuan, and 0.73 yuan for 2024, 2025, and 2026, respectively [5]

Investment Rating - The report maintains a "Buy" rating for the company, indicating a projected investment return exceeding 15% over the next 6-12 months [12][16]. Core Insights - The company continues to face operational pressures, but cash flow has improved due to the operational commencement of PPP projects. The gross margin increased to 37.0% in Q1 2024, up 10.8 percentage points year-on-year, primarily due to business structure optimization and a low base from the previous year [1][10]. - The company reported a significant decline in revenue and net profit for 2023, with revenues of 1.94 billion and a net profit of 101 million, down 31.8% and 64.8% year-on-year, respectively. However, Q1 2024 showed signs of recovery with a 58.8% increase in net profit compared to the same period last year [10][12]. - The company is actively expanding into new business areas such as digital arts technology and cultural tourism operations, which are expected to create a second growth curve for the company [2][12]. Summary by Sections Financial Performance - In 2023, the company achieved revenues of 1.94 billion, a net profit of 101 million, and a cash flow from operating activities of 169 million, reflecting a year-on-year increase of 7.8 billion in cash flow [10][11]. - For Q1 2024, the company reported revenues of 290 million and a net profit of 30 million, with cash flow from operating activities increasing by 260 million year-on-year [10][12]. Business Segments - The cultural tourism equipment segment saw a revenue decline of 36.4%, while the digital arts technology segment experienced a 42.7% drop. In contrast, cultural tourism operations achieved a revenue increase of 125.7%, driven by an increase in the number of theaters operated by the company [11][12]. Profitability and Forecast - The report forecasts net profits of 270 million, 315 million, and 366 million for 2024, 2025, and 2026, respectively, maintaining a "Buy" rating based on the company's integrated development strategy in cultural tourism and technology [12][19].