Group 1: Core Competencies - The company has a strong advantage in technology research and development, mastering key technologies and production processes in high-temperature insulation mica materials, continuously enhancing product quality and performance through innovative practices [3] - The company has established a unique customer advantage by providing excellent product performance and service, transitioning from a single product manufacturer to a comprehensive solution provider [3][4] - Lean manufacturing is emphasized, with significant investments in information technology infrastructure, achieving integration of smart manufacturing and information systems [4] Group 2: Quality and Supply Chain Management - A robust quality management system has been established, adhering to national and industry standards, ensuring reliable and stable product quality through strict quality control measures [4] - The company has developed a comprehensive supply chain system covering mica ore procurement and processing, meeting stringent customer certification standards [4] Group 3: Business Operations and Market Strategy - The main business involves the research, production, and sales of various high-temperature insulation mica products, with key products including insulation components for new energy vehicles and flame-retardant insulation materials [5] - The company plans to expand production capacity in domestic and Southeast Asian markets, with new production bases to enhance innovation capabilities and meet customer demands [5][6] - As of now, the disclosed sales amount of designated projects is estimated to be between ¥9.238 billion and ¥9.963 billion, with project lifecycles concentrated in the second half of 2024 and the first half of 2025 [6] Group 4: Financial Performance and R&D Investment - In 2023, the company's R&D expenses amounted to ¥45.1065 million, accounting for 5.64% of operating revenue, maintaining a high level of investment in innovation [7] - The new lightweight safety structural components have just begun mass production in the first half of 2024, resulting in a relatively small revenue share for the time being [7] Group 5: Risk Management and Market Adaptation - The company faces potential risks in its investment projects in Mexico due to differences in policies, laws, and business environments compared to domestic operations, necessitating effective risk management strategies [7][8] - The company aims to enhance its market competitiveness and sustainable development capabilities by continuously innovating core technologies and improving product quality in response to price pressures in the mica product and new energy vehicle markets [8]

Investment Rating - The report maintains a "Buy" rating for the company [29][34]. Core Insights - The company has a strong order backlog and is accelerating its overseas expansion, which is expected to drive significant revenue growth in the coming years [10][12][34]. - The company reported impressive financial results, with a revenue increase of 19.89% year-over-year in 2023 and a net profit growth of 28.43% [6][12]. - The company is expanding its product categories, which is anticipated to unlock new revenue potential [15][34]. Financial Performance Summary - In 2023, the company achieved a revenue of 800 million yuan, with a year-over-year growth rate of 19.9% [16]. - For 2024, the company is projected to generate a revenue of 1.31 billion yuan, reflecting a growth rate of 63.6% [16]. - The net profit for 2023 was 172 million yuan, with a growth rate of 28.4%, and is expected to reach 303 million yuan in 2024, representing a growth rate of 76.3% [16]. - The diluted earnings per share (EPS) are forecasted to be 1.08 yuan for 2024, increasing to 1.79 yuan by 2026 [34]. Market Position and Strategy - The company has secured a significant contract with a North American electric vehicle client, which is expected to contribute approximately 365 million yuan in total sales over its lifecycle [33]. - The company is actively developing new applications for its products in energy storage and commercial vehicles, which are expected to further enhance revenue growth [33][34]. - The establishment of overseas production facilities in Singapore and Vietnam is aimed at meeting the needs of international clients and enhancing operational efficiency [33].

. 1991 - 1995 - 1995 - 19 中国杭州市钱江新城新业路8号UDC时代大厦A座5-8层、12层、23层 Floors 5–8, 12 and 23, Block A, UDC Times Building, No. 8 Xinye Road, Qianjiang New City, Hangzhou Tel. 0571-88879999 www.zhcpa.cn 浙江荣泰电工器材股份有限公司 年度募集资金存放与使用情况鉴证报告 / i S 景 目 | | 页 次 | | --- | --- | | 一、年度募集资金存放与使用情况鉴证报告 | 1-3 | | 二、浙江荣泰电工器材股份有限公司关于 2023年度募集资金 | | | 存放与使用情况的专项报告 | 4-10 | 中国杭州市钱江新城新业路8号UDC时代大厦A座5-8层、12层、23层 Floors 5~8, 12 and 23, Block A, UDC Times Building, No. 8 Xinye Road, Qianjiang New City, Hangzhou Tel. 0571-88879999 Fax. 057 ...

关于浙江荣泰电工器材股份有限公司 n a f- 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 | 页 次 | | --- | --- | | 审核说明 | 1-3 | 二、非经营性资金占用及其他关联资金往来情况汇总表 4-4 中国杭州市钱江新城新业路8号UDC时代大厦A座5-8层、12层、23层 Floors 5–8, 12 and 23, Block A, UDC Times Building, No. 8 Xinye Road, Qianjiang New City, Hangzhou Tel. 0571-88879999 Fax. 0571-88879000 非经营性资金占用及其他关联资金往来情况的专项审核说明 中国杭州市钱江新城新业路8号UDC时代大厦A座5-8层、12层、23层 Floors 5--8, 12 and 23, Block A, UDC Times Building. No. 8 Xinye Road, Qianjiang New City, Hangzhou Tel. 0571-88879999 www.zhcpa.cn 中汇会专[2024]4803号 浙江荣泰电工器 ...

Financial Performance - The company's operating revenue for 2023 reached approximately ¥800.26 million, representing a year-over-year increase of 19.89% compared to ¥667.48 million in 2022[23]. - Net profit attributable to shareholders for 2023 was approximately ¥171.80 million, an increase of 28.43% from ¥133.77 million in 2022[23]. - The net cash flow from operating activities surged to approximately ¥221.13 million, reflecting a significant increase of 154.86% compared to ¥86.76 million in 2022[23]. - Basic earnings per share for 2023 were ¥0.72, up 12.50% from ¥0.64 in 2022[24]. - The weighted average return on equity decreased to 16.86% in 2023, down 11.93 percentage points from 28.79% in 2022[24]. - Total assets at the end of 2023 amounted to approximately ¥1.95 billion, a 95.11% increase from ¥1.00 billion at the end of 2022[23]. - The net assets attributable to shareholders increased by 212.08% to approximately ¥1.66 billion at the end of 2023, compared to ¥532.38 million at the end of 2022[23]. - The company reported a total of ¥15.86 million in non-recurring gains for 2023, compared to ¥13.19 million in 2022[27]. Dividend and Capital Increase - The company plans to distribute a cash dividend of 1.4 RMB per 10 shares (including tax) and to increase capital by converting 3 shares for every 10 shares held, resulting in a total share capital increase to 363,742,150 shares[6]. - The total cash dividend to be distributed amounts to 39,079,670 RMB (including tax) based on the current total shares outstanding of 28 million, after accounting for repurchased shares[6]. Audit and Compliance - The company has received a standard unqualified audit report from Zhonghui Certified Public Accountants[5]. - The board of directors and management have ensured the accuracy and completeness of the annual report, taking legal responsibility for its content[4]. - The company’s financial report has been audited and confirmed by the accounting firm, ensuring its reliability for stakeholders[5]. - The company has committed to transparency and has made its annual report available through various media and the Shanghai Stock Exchange[18]. - The company has established a robust internal control and risk management system to enhance its operational management and risk prevention capabilities[98]. - The company has implemented measures to ensure the confidentiality of insider information and compliance with disclosure regulations, with no incidents of insider trading reported during the reporting period[101]. Market and Product Development - The company plans to continue expanding its market presence and investing in new product development to sustain growth in the coming years[28]. - Revenue from the new energy vehicle sector reached 574.63 million yuan, a 22.39% increase year-on-year, accounting for 71.81% of total operating revenue[34]. - The company invested in a new production project for 15,000 tons of mica products for new energy applications in 2023[34]. - The company is actively expanding its domestic and international production bases to enhance its market presence and competitiveness[34]. - The company has developed a new integrated molding process for mica products, enhancing mechanical strength and fire insulation performance, positioning it as a leader in domestic similar products[47]. - The company is committed to developing new products and technologies, including lightweight safety structural components and new insulation products, to diversify its offerings beyond mica-based products[87]. Research and Development - R&D expenses amounted to 45.11 million yuan, representing 5.64% of operating revenue, indicating a strong commitment to innovation[35]. - The company holds 33 invention patents and 93 utility model patents, showcasing its innovation capabilities[36]. - The company has been recognized as a "Provincial Postdoctoral Workstation" and a "2023 Zhejiang Province Technology Small Giant" enterprise, highlighting its commitment to research and development[49]. Risk Management - The company faces risks related to macroeconomic fluctuations and demand volatility in downstream industries, which could adversely affect its performance[93]. - The company is at risk of intensified market competition if competitors gain certification and establish stable relationships with clients, potentially leading to a loss of market share[93]. - The company’s operational performance may be negatively impacted by fluctuations in raw material prices, particularly for mica and silicone materials, which are significant components of its costs[95]. Corporate Governance - The company has established a dedicated team for investor relations, ensuring timely and fair information disclosure to all shareholders[100]. - The company has not experienced significant changes in competition or business operations that would affect its independence from controlling shareholders[101]. - The company has effectively executed internal controls over all evaluated business matters, safeguarding investor interests and promoting sustainable development[100]. Employee and Compensation - The company has a total of 1,180 employees, with 535 in the parent company and 645 in major subsidiaries[127]. - The employee composition includes 820 production personnel, 151 technical personnel, and 59 sales personnel[127]. - The company established a complete compensation management system, emphasizing performance-based pay linked to individual and company performance[128]. Environmental and Social Responsibility - The company invested CNY 7,154,600 in environmental protection during the reporting period[142]. - The company reduced carbon emissions by 6,180 tons through various measures, including the use of photovoltaic power generation and energy-saving technologies[146]. - The company is committed to green development and has implemented multiple technological upgrades to optimize energy structure and reduce greenhouse gas emissions[145]. Shareholder Commitments - The company commits to not transferring or managing its shares for 36 months post-IPO, ensuring stability in shareholding[150]. - The company will compensate investors for direct losses caused by any violations of the lock-up commitments[155]. - The company will take necessary measures as per regulations if any commitments are violated[155].

关于浙江荣泰电工器材股份有限公司 非经营性资金占用及其他关联资金往来情况 汇总表的专项审计报告 1、 专项审计报告 2、 附表 关于浙江荣泰电工器材股份有限公司 非经营性资金占用及其他关联资金往来情况的专项审核说明 中汇会专[2024]4803号 浙江荣泰电工器材股份有限公司全体股东: 我们接受委托,审计了浙江荣泰电工器材股份有限公司(以下简称浙江荣泰公 司)2023年度财务报表,并出具了中汇会审[2024]4795号无保留意见的审计报告, 在此基础上对后附的浙江荣泰公司管理层编制的《2023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)进行了审核。 一、管理层的责任 目 录 委托单位：浙江荣泰电工器材股份有限公司 审计单位：中汇会计师事务所（特殊普通合伙） 联系电话：0571-88879999 管理层的责任是提供真实、合法、完整的相关资料,按照中国证券监督管理委 员会、公安部、国务院国有资产监督管理委员会及中国银行保险监督管理委员会《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》(中国证券监 督管理委员会公告[2022]26号文)及其他相关规定编制汇总表以满足 ...

浙江荣泰电工器材股份有限公司 对 2023 年度会计师事务所履职情况的评估报告 | | | 何时成 | | 何时开 | 何时开 | 何时开 始为本 | 近三年签署或 | | --- | --- | --- | --- | --- | --- | --- | --- | | 项目组 | 姓名 | 为注册 | | 始从事 | 始在本 | 公司提 | 复核上市公司 | | 成员 | | 会计师 | | 上市公 | 所执业 | 供审计 | 审计报告情况 | | | | | | 司审计 | | 服务 | | | 项目合 | | | | | 2010年 | | 签署 家上市 4 | | 伙人 | 刘木勇 | 2009 | 年 | 2011 年 | 10 月 | 2023 年 | 公司审计报告 | | 签字注 | | | | | | | 签署 家上市 1 | | 册会计 | 董鹏 | 2018 | 年 | 年 2014 | 2019年 | 年 2019 | | | 师 | | | | | | | 公司审计报告 | | 质量控 | | | | | | | 签署 5 家上市 | | | | | | | 2003年 | | | ...

东兴证券股份有限公司 关于浙江荣泰电工器材股份有限公司 使用部分超募资金投资建设全资子公司 生产项目的核查意见 东兴证券股份有限公司（以下简称"东兴证券"或"保荐人"）作为浙江荣 泰电工器材股份有限公司（以下简称"浙江荣泰"或"公司"）首次公开发行股 票并在上交所主板上市的保荐人，根据《证券发行上市保荐业务管理办法》、《上 海证券交易所股票上市规则》、《上市公司监管指引第 2 号——上市公司募集资金 管理和使用的监管要求》、《上海证券交易所上市公司自律监管指引第 1 号——规 范运作》等相关规定，对浙江荣泰本次使用部分超募资金投资建设全资子公司生 产项目的事项进行了审慎核查，具体情况如下： 一、募集资金的基本情况 根据中国证券监督管理委员会《关于同意浙江荣泰电工器材股份有限公司首 次公开发行股票注册的批复》（证监许可[2023]1288 号），浙江荣泰电工器材股份 有限公司首次公开发行人民币普通股（A 股）股票 7,000.00 万股，每股发行价格 为 15.32 元，募集资金总额为 10,740.00 万元，扣除各项发行费用 10,234.54 万元 后，募集资金净额为 97,005.46 万元，其中超募资 ...

证券代码：603119 证券简称：浙江荣泰 公告编号：2024-017 浙江荣泰电工器材股份有限公司 关于 2023 年度募集资金存放与使用情况的专项报告 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。 根据《上市公司监管指引第 2 号——上市公司募集资金管理和使用的监管要 求》《上海证券交易所上市公司自律监管指引第 1 号——规范运作》和《上海证 券交易所上市公司自律监管指南第 1 号——公告格式》等规定，浙江荣泰电工器 材股份有限公司（以下简称"公司"或"浙江荣泰"）就 2023 年度募集资金存 放与使用情况报告如下： 一、募集资金基本情况 （一）首次公开发行股票募集资金基本情况 根据中国证券监督管理委员会《关于同意浙江荣泰电工器材股份有限公司首 次公开发行股票注册的批复》（证监许可[2023]1288 号），公司首次公开发行人 民币普通股（A 股）股票 7,000.00 万股，每股发行价格为 15.32 元，募集资金总 额为 107,240.00 万元，扣除各项发行费用 10,234.54 万元后，募集资金净额为 97, ...

浙江荣泰电工器材股份有限公司 董事会 2024 年 4 月 23 日 浙江荣泰电工器材股份有限公司 董事会对 2023 年度独立董事独立性自查情况的专项报告 根据《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》《上海 证券交易所上市公司自律监管指引第 1 号——规范运作》等要求，浙江荣泰电工 器材股份有限公司（以下简称"公司"）董事会，就公司现任独立董事魏霄女士、 柴斌锋先生、邱华女士的独立性情况进行评估并出具如下专项意见： 经核查公司三位独立董事魏霄女士、柴斌锋先生、邱华女士的任职经历以及 签署的相关自查文件，上述人员未在公司担任除独立董事以外的任何职务，也未 在公司主要股东公司担任任何职务，与公司以及主要股东之间不存在利害关系或 其他可能妨碍其进行独立客观判断的关系，其在 2023 年度不存在任何影响独立 性的情形，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》等法律法规以及《公司章程》中对独立董事独立 性的相关要求。 ...