Meeting Overview - The shareholders' meeting of Zhejiang Tiancheng Self-Control Co., Ltd. was held on May 19, 2025, at the company's administrative building in Tiantai County, Zhejiang Province [1]. - The meeting was convened by the board of directors and chaired by Mr. Chen Bangrui, the chairman [1]. Attendance and Voting - The voting method combined on-site and online voting, complying with the Company Law and the company's articles of association [1]. - The total number of shares held by attending shareholders was not specified, but the voting results indicated a high level of participation [1]. Resolutions Passed - All proposed resolutions were approved with significant majority votes: - For the first resolution, 154,041,779 A-shares voted in favor, representing 99.9295% [1]. - For the second resolution, 154,039,979 A-shares voted in favor, representing 99.9283% [1]. - For the third resolution, 154,042,979 A-shares voted in favor, representing 99.9303% [1]. - For the fourth resolution, 154,039,979 A-shares voted in favor, representing 99.9283% [1]. Legal Compliance - The meeting's procedures, including the qualifications of the convenor and attendees, as well as the voting process, were confirmed to be in accordance with legal regulations and the company's articles of association by the attending lawyers [3].

证券代码：603085 证券简称：天成自控 公告编号：2025-038 浙江天成自控股份有限公司 2024年年度股东大会决议公告 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。 重要内容提示： 本次会议是否有否决议案：无 2、公司在任监事 3 人，出席 3 人； 一、会议召开和出席情况 (一)股东大会召开的时间：2025 年 5 月 19 日 (二)股东大会召开的地点：浙江省天台县西工业区济公大道 1618 号浙江天成自 控股份有限公司行政楼 8 号会议室 (三)出席会议的普通股股东和恢复表决权的优先股股东及其持有股份情况： | 1、出席会议的股东和代理人人数 | 158 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 154,150,379 | | 3、出席会议的股东所持有表决权股份数占公司有表决权股 | 38.8190 | | 份总数的比例（%） | | (四)表决方式是否符合《公司法》及《公司章程》的规定，股东大会主持情况等。 本次股东大会由公司董事会召集，董事长陈邦锐先生主持。会 ...

Core Viewpoint - The announcement of a management change at Zhejiang Tiancheng Self-Control Co., Ltd. marks a significant generational transition within the company, with the new general manager, Chen Yun, taking over from Hong Huidang, indicating a shift towards a "second-generation" leadership approach [1][2] Group 1: Management Change - Hong Huidang steps down as general manager but remains on the board and continues to lead the engineering commercial vehicle division, ensuring a smooth transition of core business operations [2] - Chen Yun, the new general manager, is the son of the actual controller and has a strong international educational background, holding degrees from Purdue University [1][2] - Chen Yun has accumulated practical experience in key positions since joining the board in 2017, including leading the aviation division and successfully integrating into the Boeing and Airbus supply chains [1] Group 2: Company Performance - In 2024, the company is expected to achieve significant revenue growth, with projected sales reaching 2.23 billion yuan, a year-on-year increase of 56.27% [2] - The revenue from passenger vehicles is anticipated to be 1.05 billion yuan, reflecting a remarkable year-on-year growth of 122.79%, indicating the emergence of a second growth curve [2] - In Q1 2025, the company reported a year-on-year revenue increase of 46.74% and a net profit of 21 million yuan, marking a turnaround with a growth of 108.77% [2] Group 3: Strategic Outlook - The company is rapidly entering the flying car supply chain, preparing for opportunities presented by the low-altitude economy [2] - The promotion of Chen Yun is expected to further rejuvenate the core management team, bringing in innovative momentum due to his international perspective and frontline business experience [2]

证券代码：603085 证券简称：天成自控 公告编号：2025-037 浙江天成自控股份有限公司 关于财务总监变更的公告 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、关于财务总监辞职情况 浙江天成自控股份有限公司（以下简称"公司"）董事会于近日收到财务总监周平先生的书面报告，因个 人原因，周平先生辞去公司财务总监职务。辞职后，周平先生不再担任公司任何职务。周平先生的辞职 报告自送达董事会之日起生效。 ■ 周平先生在担任公司财务总监期间恪尽职守、勤勉尽责，为公司的规范运作和高质量发展发挥了重要作 用，切实维护了公司和全体股东的权益，公司及公司董事会对其在任职期间为公司发展所作的贡献表示 衷心的感谢。 二、关于财务总监聘任情况 为确保财务管理工作的顺利开展，根据《公司法》等相关法律法规、规范性文件和《公司章程》的规 定，经公司总经理提名，并经董事会提名委员会和董事会审计委员会审查通过，公司于2025年5月13日 召开第五届董事会第十八次会议，审议通过《关于聘任公司财务总监的议案》，公司董事会审核并同意 聘任徐华月女士为公司 ...

证券代码：603085 证券简称：天成自控 公告编号：2025-036 浙江天成自控股份有限公司 关于总经理变更的公告 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。 特此公告。 浙江天成自控股份有限公司 2025 年 5 月 15 日 一、关于总经理离任情况 浙江天成自控股份有限公司（以下简称"公司"）董事会于近日收到公司董 事、总经理洪慧党先生的书面报告，洪慧党先生因工作调整向公司董事会申请辞 去总经理职务，仍继续担任公司董事、公司工程商用车事业部总经理职务。 | 姓名 | 离任职务 | 离任时间 | | | 原定任期 | | | 是否继续在上 | 是否存在未 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | | | | 到期日 | | 离任原因 | 市公司及其控 | 履行完毕的 | | | | | | | | | | 股子公司任职 | 公开承诺 | | 洪慧 | 总经理 | 2025 | 年 | 5 2026 | | 年 6 | 工 ...

证券代码：603085 证券简称：天成自控 公告编号：2025-037 浙江天成自控股份有限公司 关于财务总监变更的公告 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、关于财务总监辞职情况 浙江天成自控股份有限公司（以下简称"公司"）董事会于近日收到财务总 监周平先生的书面报告，因个人原因，周平先生辞去公司财务总监职务。辞职后， 周平先生不再担任公司任何职务。周平先生的辞职报告自送达董事会之日起生效。 | | 离任职务 | 离任时间 | | 原定任期 | | 离任原因 | 是否继续在上 市公司及其控 | 是否存在未 履行完毕的 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 姓名 | | | | 到期日 | | | | | | | | | | | | | 股子公司任职 | 公开承诺 | | 周平 | 财务总监 | 2025 | 年 5 | 2026 | 年 6 | 个人原因 | 否 | 不适用 | | | | 月 13 | 日 | 月 12 | 日 ...

证券代码：603085 证券简称：天成自控 公告编号：2025-035 浙江天成自控股份有限公司 第五届董事会第十八次会议决议公告 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 浙江天成自控股份有限公司（以下简称"公司"）第五届董事会第十八次会 议书面通知于 2025 年 5 月 6 日发出，会议于 2025 年 5 月 13 日上午在浙江省天 台县西工业区公司行政楼三楼 8 号会议室以现场结合通讯表决的方式召开。本次 会议由董事长陈邦锐先生召集并主持，应出席董事 7 名，实际出席 7 名（其中以 通讯表决方式出席的 3 名董事为朱西产、杨萱、张新丰）。公司全体监事、高级 管理人员列席本次会议。本次会议的召开符合《公司法》及《公司章程》的规定， 合法有效。 与会董事就议案进行了审议、表决，形成如下决议： （一）审议通过《关于聘任公司总经理的议案》 具 体 内 容 详 见 公 司 2025 年 5 月 15 日 在 上 海 证 券 交 易 所 网 站 （www.sse.com.cn）披露的《浙江天成自控 ...

浙江天成自控股份有限公司 2024 年年度股东大会会议资料 浙江天成自控股份有限公司 （浙江省天台县西工业区） 2024 年年度股东大会 会议资料 2025 年 5 月 19 日 1 浙江天成自控股份有限公司 2024 年年度股东大会会议资料 浙江天成自控股份有限公司 2024 年年度股东大会现场会议议程 2 一、与会人员签到； 二、大会主持人宣布会议开始，介绍本次股东大会的出席情况； 三、宣读公司 2024 年年度股东大会会议须知； 四、选举监票、计票人员； 五、宣读本次会议议案内容 1、《2024 年度董事会工作报告》； 2、《2024 年度监事会工作报告》； 3、《2024 年度利润分配预案》； 4、《2024 年度财务决算报告》； 5、《关于公司及控股子公司向金融机构申请 2025 年度综合授信额度的议案》； 6、《关于拟定 2025 年对子公司担保额度的议案》； 7、《关于聘请 2025 年度审计机构的议案》； 8、《2024 年年度报告及摘要》； 9、《关于制定〈会计师事务所选聘制度〉的议案》； 10、《关于修订〈对外担保管理制度〉的议案》； 11、《关于修订〈公司章程〉的议案》； 12、听取《浙 ...

Investment Rating - The investment rating for the company is "Accumulate" [1] Core Views - The company's passenger vehicle business is driving growth, while the recovery in aviation and the low-altitude economy are opening new opportunities [9] Summary by Sections Financial Performance - In 2024, the company's operating revenue was 2.23 billion, a year-on-year increase of 56.27%. However, the net profit attributable to the parent company was -16 million, a year-on-year decrease of 216.30%. The net profit after deducting non-recurring gains and losses was also -16 million, down 292.02%. In Q1 2025, the operating revenue was 539 million, up 46.74% year-on-year, with a net profit of 21 million, an increase of 108.77% year-on-year, and a net profit after deducting non-recurring gains and losses of 15 million, up 47.32% year-on-year [2]. Passenger Vehicle Business Growth - The passenger vehicle business achieved significant growth, with revenue reaching 1.05 billion in 2024, a year-on-year increase of 122.79%. New projects such as SAIC ZS32, Chery CX62D, and Dongfeng S59 contributed to this growth, effectively releasing production capacity and driving sales [3]. Traditional Business and Aviation Recovery - The traditional business, including engineering machinery and commercial vehicle seats, generated revenue of 718 million in 2024, a year-on-year increase of 5.9%. The aviation seat business also saw revenue of 217 million, up 52.89% year-on-year, benefiting from the recovery of the aviation industry [4]. Cost Control and R&D Investment - The company reported a significant increase in net profit in Q1 2025, reaching 2.09 million, with improved cost control. The sales, management, and R&D expense ratios were 1.67%, 8.53%, and 5.94%, respectively, showing a reduction in sales and management expenses while increasing R&D investment [5]. Global Expansion and New Growth Opportunities - The company is accelerating its global layout by establishing multinational subsidiaries and production bases in Singapore, Thailand, and Malaysia, enhancing its ability to respond to international customers and supply products locally [6][7]. Low-altitude Economy and eVTOL Business - The company is actively entering the low-altitude economy sector, leveraging its experience in vehicle and aviation seat manufacturing. It has formed a strategic partnership with Fengfei Aviation for the eVTOL aviation seat project, aiming to become a leading supplier in this niche market [8]. Earnings Forecast and Valuation - The company has adjusted its earnings forecast for 2025-2027, expecting operating revenues of 3.166 billion, 3.704 billion, and 4.075 billion, respectively. The net profit attributable to the parent company is projected to be 152 million, 225 million, and 282 million for the same period. The EPS is expected to be 0.38, 0.57, and 0.71, respectively. The closing price on May 7, 2025, was 11.84, corresponding to PE ratios of 30.84, 20.85, and 16.66 for the next three years [9][11].

Investment Rating - The investment rating for the company is "Accumulate" [1] Core Views - The company's passenger vehicle business is driving growth, while the recovery in aviation and the low-altitude economy are opening new opportunities [9] Summary by Sections Financial Performance - In 2024, the company's operating revenue was 2.23 billion, a year-on-year increase of 56.27%; however, the net profit attributable to the parent company was -16 million, a year-on-year decrease of 216.30%. The net profit after deducting non-recurring gains and losses was also -16 million, down 292.02% year-on-year. In Q1 2025, the operating revenue was 539 million, up 46.74% year-on-year, with a net profit of 21 million, an increase of 108.77% year-on-year, and a net profit after deducting non-recurring gains and losses of 15 million, up 47.32% year-on-year [2]. Passenger Vehicle Business Growth - The passenger vehicle business achieved significant growth, with revenue reaching 1.05 billion in 2024, a year-on-year increase of 122.79%. New projects such as SAIC ZS32, Chery CX62D, and Dongfeng S59 contributed to this growth, effectively releasing production capacity and driving sales [3]. Traditional Business Stability - The traditional business, including engineering machinery and commercial vehicle seats, generated revenue of 718 million in 2024, a year-on-year increase of 5.9%. The aviation seat business also saw revenue of 217 million, up 52.89% year-on-year, benefiting from the recovery of the aviation industry [4]. Performance Improvement and Cost Control - The company reported a significant performance improvement, with a net profit of -16.48 million in 2024 and a net profit of 2.09 million in Q1 2025, marking a year-on-year increase of 108.77%. The sales, management, and R&D expense ratios were 1.67%, 8.53%, and 5.94%, respectively, showing a reduction in sales and management expenses [5]. Global Expansion - The company is accelerating its global layout by establishing multinational subsidiaries and production bases in Singapore, Thailand, and Malaysia, enhancing its ability to respond quickly to international customers [6][7]. Low-altitude Economy Initiatives - The company is actively engaging in the low-altitude economy, leveraging its experience in vehicle and aviation seat manufacturing. It has formed a strategic partnership with Fengfei Aviation for the eVTOL aviation seat project, aiming to become a leading supplier in this niche market [8]. Profit Forecast and Valuation - The company has adjusted its profit forecasts for 2025-2027, expecting operating revenues of 3.166 billion, 3.704 billion, and 4.075 billion, respectively. The net profit attributable to the parent company is projected to be 152 million, 225 million, and 282 million for the same period. The earnings per share (EPS) are expected to be 0.38, 0.57, and 0.71, respectively [9][11].