证券代码：603166 证券简称：福达股份 公告编号：2025-022 变更后联系电话:19571855667 桂林福达股份有限公司 关于变更投资者热线电话的公告 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个别及连带责任。 桂林福达股份有限公司（以下简称"公司"）为确保与投资者的正常沟通联系， 更好地服务于广大投资者，现对公司投资者联系电话进行变更，具体情况如下: 变更前联系电话:0773-3681001 桂林福达股份有限公司董事会 2025 年 3 月 29 日 除上述调整外，公司办公地址、投资者关系电子邮箱等其他联系方式保持不变。 敬请广大投资者关注以上变更，由此给您带来的不便，敬请谅解。欢迎广大投资者通 过上述变更后的联系方式与公司沟通交流。 特此公告。 ...

Core Viewpoint - Fuda Co., Ltd. demonstrated strong financial performance in its 2024 annual report, with significant growth in revenue and net profit, particularly in the automotive and internal combustion engine parts sector [2][8]. Financial Performance - Total revenue reached 1.648 billion yuan, a year-on-year increase of 21.83% - Net profit attributable to shareholders was 185 million yuan, up 78.96% - Non-recurring net profit was 180 million yuan, an increase of 82.59% - In Q4, total revenue was 538 million yuan, up 33.41% year-on-year, with net profit of 64.44 million yuan, a 63.36% increase [2]. Profitability Analysis - Gross margin improved to 25.05%, an increase of 12.19% - Net margin rose to 11.25%, up 46.89% - Earnings per share reached 0.29 yuan, an increase of 81.25% - Operating cash flow per share was 0.73 yuan, up 135.73% [3]. Financial Health - Cash and cash equivalents amounted to 216 million yuan, a 42.32% increase - The ratio of cash to current liabilities was only 19.49% - Interest-bearing debt rose to 854 million yuan, an increase of 50.62% - Accounts receivable reached 470 million yuan, up 20.38%, with a ratio to profit of 253.41% [4]. Cost and Expense Control - Total selling, administrative, and financial expenses were 126 million yuan, accounting for 7.62% of revenue, an increase of 3.4% - Administrative expenses increased by 29.88% due to higher employee compensation and stock incentive costs - Financial expenses rose by 27.6% due to increased borrowing costs [5]. Main Business Analysis - Main business revenue primarily comes from automotive and internal combustion engine parts, accounting for 94.61% - Crankshaft revenue was 1.036 billion yuan, representing 62.87% of total revenue with a gross margin of 30.25% - Revenue distribution by region: Central China (22.71%), Northwest (20.32%), and East China (20.17%) [6]. Development Strategy and Outlook - The company will continue to focus on the new energy vehicle industry, emphasizing the development of new energy hybrid crankshafts, electric drive gears, and core components for robotics - Through digital management and technological innovation, the company aims to enhance market competitiveness while remaining vigilant against industry fluctuations and raw material price volatility [7][8].

Investment Rating - The report maintains a "Strong Buy" rating for the company, expecting it to outperform the benchmark index by over 20% in the next six months [2][18]. Core Views - The company reported a revenue of 1.65 billion yuan for 2024, a year-on-year increase of 22%, and a net profit attributable to shareholders of 185 million yuan, up 79% year-on-year. The non-recurring net profit was 180 million yuan, reflecting an 83% increase year-on-year [2][4]. - The company is accelerating its transformation into robotics in 2025, with significant growth expected in its core business areas, particularly in the automotive parts sector [2][8]. Financial Performance Summary - **2024 Financial Indicators**: - Total revenue: 1,648 million yuan, with a year-on-year growth of 21.8% [4]. - Net profit attributable to shareholders: 185 million yuan, with a year-on-year growth of 79.0% [4]. - Earnings per share: 0.29 yuan [4]. - Price-to-earnings ratio: 49 times [4]. - Price-to-book ratio: 3.8 times [4]. - **Future Projections**: - Revenue is projected to reach 2,351 million yuan in 2025, with a growth rate of 42.7% [4]. - Net profit is expected to increase to 282 million yuan in 2025, reflecting a growth rate of 52.4% [4]. - Earnings per share are forecasted to rise to 0.44 yuan in 2025 [4]. Business Transformation and Growth - The company is benefiting from increased demand from major clients like BYD, with a significant rise in revenue in the fourth quarter of 2024 [8]. - The company is entering a new expansion cycle in its crankshaft business, with plans to produce 1 million automated new energy hybrid crankshafts by May 2025 [8]. - The robotics transformation is gaining momentum, with the company developing a planetary gearbox product and making strategic investments in related technologies [8].

Core Viewpoint - The company has announced a profit distribution plan for the fiscal year 2024, proposing a cash dividend of RMB 1.00 per 10 shares, subject to shareholder approval [1][2][5]. Profit Distribution Plan Details - The proposed cash dividend distribution is based on a total share capital of 646,208,651 shares, minus 9,519,200 shares held in the company's repurchase account, resulting in a total cash dividend of RMB 63,668,945.10 (including tax) [2]. - The company achieved a consolidated net profit of RMB 185,280,977.88 for 2024, with the parent company reporting a net profit of RMB 298,304,626.71 after statutory surplus reserve allocation [2][4]. - The company plans to maintain the per-share distribution ratio even if there are changes in total share capital before the record date for the dividend distribution [3]. Compliance and Approval - The profit distribution plan has been approved by the company's board of directors and will be submitted for approval at the upcoming shareholder meeting [4][5]. - The company does not fall under any risk warning scenarios as it has a positive net profit and has maintained a cumulative cash dividend exceeding 30% of the average net profit over the last three years [3][4]. Future Considerations - The company is seeking authorization from the shareholder meeting to allow the board to determine the mid-term dividend plan for 2025, with the total cash dividend not exceeding 100% of the net profit attributable to shareholders for that period [5][6].

Meeting Overview - The sixth session of the Supervisory Board of Guilin Fuda Co., Ltd. was held on March 26, 2025, with all three supervisors present, complying with legal and regulatory requirements [1]. Annual Report and Summary - The Supervisory Board confirmed that the preparation and review procedures for the 2024 Annual Report and Summary met all legal, regulatory, and internal management requirements [2][3]. - The content and format of the 2024 Annual Report and Summary were found to comply with the requirements of the China Securities Regulatory Commission and the Shanghai Stock Exchange, accurately reflecting the company's operational and financial status [1][2]. Dividend Distribution - The Supervisory Board proposed a cash dividend distribution of RMB 1.00 per 10 shares (including tax), subject to the approval of the 2024 Annual General Meeting [2][3]. - The proposal for the 2024 dividend distribution considered the company's current operational and financial conditions, ensuring alignment with shareholder interests and long-term benefits [3]. Internal Control Evaluation - The Supervisory Board evaluated the internal control system for 2024, confirming its compliance with relevant regulations and the absence of significant violations [4][5]. - The internal control evaluation report was deemed comprehensive and accurately reflecting the company's internal control practices [5]. Fund Management - The management and use of raised funds were found to comply with regulatory requirements, with no violations in the use of funds reported [6]. - The Supervisory Board approved the special report on the storage and actual use of raised funds for 2024 [6]. Related Party Transactions - The execution of related party transactions for 2024 and the expected transactions for 2025 were confirmed to be necessary for normal operations, adhering to fair pricing principles [6]. Credit and Guarantee Applications - The decision-making process for applying for comprehensive credit limits and providing guarantees for wholly-owned subsidiaries was found to comply with legal and regulatory requirements, supporting the company's development needs [7]. Auditor Appointment - The Supervisory Board agreed to reappoint Rongcheng Accounting Firm for the 2025 audit services, affirming the firm's qualifications and independence [8]. Accounting Estimate Changes - The changes in accounting estimates were found to comply with relevant accounting standards and did not harm the company's or shareholders' interests [9].

Meeting Information - The annual general meeting of shareholders will be held on April 16, 2025 [1] - The meeting will utilize a combination of on-site and online voting methods [1] - The on-site meeting will take place at the company's office in Guilin [1] Voting Procedures - Shareholders can vote through the Shanghai Stock Exchange's online voting system [2][3] - Voting will be available from 9:15 AM to 3:00 PM on the day of the meeting [1][3] - Shareholders holding multiple accounts can aggregate their voting rights across all accounts [3] Meeting Agenda - The meeting will review proposals that have been approved by the board and supervisory committee [2] - Specific shareholders are required to abstain from voting due to conflicts of interest [2] Attendance Requirements - Only shareholders registered by the close of trading on April 9, 2025, are eligible to attend [4] - Shareholders must register in advance to attend the meeting [4] Registration Details - Registration will occur from April 11, 2025, with specific times outlined [4] - Required documents for registration include identification and shareholder account information [4] Additional Information - The meeting is expected to last half a day, with attendees responsible for their own travel and accommodation costs [5]

Core Viewpoint - The company has announced a change in accounting estimates regarding the useful life of intangible assets, specifically non-patented technology, which will not affect previously disclosed financial reports and is expected to increase net profit for 2025 by approximately 1.2052 million yuan [1][2][3]. Summary by Sections 1. Overview of Accounting Estimate Change - The company plans to change the estimated useful life of its intangible assets based on the principle of prudence, which was approved in board meetings held on March 26, 2025 [1][2]. 2. Specifics of the Accounting Estimate Change - The change is due to the accelerated digital transformation and improved stability of the company's software technology architecture, leading to a reassessment of the useful life of software assets [2]. - The change will take effect from January 1, 2025 [2]. 3. Comparison Before and After the Change - Before the change, the estimated useful life for computer software was 5 years with a 0% residual value. After the change, the estimated useful life will be extended to 10 years, still with a 0% residual value [2]. 4. Impact of the Accounting Estimate Change - The estimated reduction in amortization expenses for 2025 is approximately 1.4179 million yuan, leading to an expected increase in net profit of about 1.2052 million yuan [3]. 5. Opinions from Committees - The Audit Committee, Board of Directors, and Supervisory Committee have all approved the change, stating it aligns with accounting standards and does not harm the interests of shareholders, particularly minority shareholders [4].

福达股份: 福达股份关于续聘会计师事务所的公告 证券代码：603166 证券简称：福达股份 公告编号：2025-014 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个别及连带责任。 重要内容提示： 拟聘任的会计师事务所名称：容诚会计师事务所（特殊普通合伙） 一、拟聘任会计师事务所的基本情况 （一）机构信息 容诚会计师事务所（特殊普通合伙）由原华普天健会计师事务所（特殊普通合伙） 更名而来，初始成立于 1988 年 8 月，2013 年 12 月 10 日改制为特殊普通合伙企业，是 国内最早获准从事证券服务业务的会计师事务所之一，长期从事证券服务业务。注册地 址为北京市西城区阜成门外大街 22 号 1 幢 10 层 1001-1 至 1001-26。首席合伙人刘维。 桂林福达股份有限公司 关于续聘会计师事务所的公告 项目质量复核人：谭代明，2006 年成为中国注册会计师，2005 年开始从事上市公 司审计业务，2019 年开始在容诚会计师事务所执业；近三年签署或复核过 10 余家上市 公司审计报告。 签字注册会计师翦英友，项目质量复核人 ...

福达股份: 福达股份关于2024年度日常关联交易确认 及2025年度日常关联交易预计的公告 证券代码：603166 证券简称：福达股份 公告编号：2025-016 桂林福达股份有限公司 关于 2024 年度日常关联交易确认 及 2025 年度日常关联交易预计的公告 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个别及连带责任。 重要内容提示： ? 公司及全资子公司 2025 年度日常关联交易预计金额在董事会审议范围内，无需提 交股东大会审议。 ? 公司日常关联交易是正常生产经营所需，遵循公平、公正、公开的原则，没有损害 上市公司的利益，不会对公司及全资子公司未来财务状况、经营成果产生不利影响，公司 主营业务不会因日常关联交易而对关联人形成依赖，不会对公司独立性产生影响。 ? 日常关联交易并不存在任何附加条件。 一、日常关联交易基本情况 （一）日常关联交易履行的审议程序 桂林福达股份有限公司（以下简称"福达股份"、"公司"）于 2025 年 3 月 26 日召 开的第六届董事会第二十二次会议，应参会人数 9 人，实际参会人数 9 人，关联 ...

桂林福达股份有限公司董事会 关于独立董事独立性自查情况的专项报告 一、独立董事独立性自查情况 桂林福达股份有限公司（以下简称"公司"）董事会现有独立董事 3 人，分别为秦 联先生、李万峰先生、蒋红芸女士。根据《上市公司独立董事管理办法》第六条的规定， 公司独立董事对自身的独立性情况进行了自查，并将自查情况提交了董事会。自查结果 显示，公司独立董事均符合《上市公司独立董事管理办法》第六条的独立性要求，不存 在直接或间接利害关系，或者其他可能影响其进行独立客观判断关系的情形，能够独立 履行职责，不受公司及其主要股东、实际控制人等单位或者个人的影响。 二、董事会对独立董事独立性情况的评估意见 经核查，独立董事秦联先生、李万峰先生、蒋红芸女士的任职经历以及签署的相关 自查文件，确认各位独立董事在报告期内未在公司担任除独立董事以外的任何职务，亦 未在公司的主要股东单位中担任任何职务。独立董事与公司及其主要股东之间不存在任 何形式的利益冲突、关联关系或其他可能对其独立性客观判断产生影响的情况。公司独 立董事始终保持高度的独立性。确认各位独立董事均只在本公司担任独立董事，保证了 充足的履职时间和精力。其履职行为符合《上市公 ...