证券代码：603179 证券简称：新泉股份 公告编号：2025-016 债券代码：113675 债券简称：新 23 转债 江苏新泉汽车饰件股份有限公司 关于召开2024年年度股东大会的通知 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： 一、 召开会议的基本情况 (一)股东大会类型和届次 2024年年度股东大会 (四)现场会议召开的日期、时间和地点 召开的日期时间：2025 年 5 月 27 日 13 点 30 分 召开地点：常州市新北区黄河西路 555 号江苏新泉汽车饰件股份有限公司常 州分公司会议室 股东大会召开日期：2025年5月27日 本次股东大会采用的网络投票系统：上海证券交易所股东大会网络投票 系统 (二)股东大会召集人：董事会 (三)投票方式：本次股东大会所采用的表决方式是现场投票和网络投票相结合的 方式 (五)网络投票的系统、起止日期和投票时间。 网络投票系统：上海证券交易所股东大会网络投票系统 网络投票起止时间：自2025 年 5 月 27 日 至2025 年 5 月 27 日 采用上海证券交 ...

| 证券代码：603179 | 证券简称：新泉股份 | 公告编号：2025-008 | | --- | --- | --- | | 债券代码：113675 | 债券简称：新 23 转债 | | 江苏新泉汽车饰件股份有限公司 第五届监事会第四次会议决议公告 本公司监事会及全体监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、监事会会议召开情况 江苏新泉汽车饰件股份有限公司（以下简称"公司"）第五届监事会第四次会 议通知和会议材料于 2025 年 4 月 17 日以专人送达、电子邮件的方式发出。会议 于 2025 年 4 月 27 日在公司会议室以现场和通讯结合的方式召开。本次会议应出 席监事 3 人，实际出席监事 3 人。会议由公司监事会主席姜美霞先生召集和主持。 本次会议的召集、召开和表决程序符合《中华人民共和国公司法》等有关法律、 法规和公司章程的规定，会议合法有效。 二、监事会会议审议情况 （一）审议通过《公司2024年度监事会工作报告》 表决结果：同意3票、反对0票、弃权0票。 该议案尚需提交 2024 年年度股东大会审议。 （二）审议 ...

Financial Performance - The company's operating revenue for 2024 reached ¥13,263,789,037.59, representing a 25.46% increase compared to ¥10,571,883,599.87 in 2023[25]. - Net profit attributable to shareholders for 2024 was ¥976,635,555.52, a 21.24% increase from ¥805,532,030.11 in 2023[25]. - The net cash flow from operating activities significantly increased by 119.19% to ¥1,293,221,243.64 in 2024, compared to ¥589,994,936.32 in 2023[25]. - The total assets of the company at the end of 2024 were ¥15,912,247,704.57, an 18.33% increase from ¥13,447,165,075.67 at the end of 2023[25]. - Basic earnings per share for 2024 were ¥2.00, up 21.21% from ¥1.65 in 2023[26]. - The weighted average return on equity for 2024 was 17.99%, an increase of 0.26 percentage points from 17.73% in 2023[26]. - The company reported a net profit of ¥291,054,350.73 in Q4 2024, showing a strong performance in the last quarter[29]. - The company achieved operating revenue of 13.264 billion yuan, an increase of 25.46% year-on-year, and a net profit attributable to the parent company of 977 million yuan, up 21.24% year-on-year[34]. Dividend and Shareholder Returns - The company plans to distribute a cash dividend of 3.00 RMB per 10 shares to all shareholders, pending approval at the 2024 annual general meeting[6]. - The company distributed a cash dividend of 0.30 yuan per share, totaling approximately 146.19 million yuan, sharing its operational success with shareholders[38]. - The cumulative cash dividend amount over the last three accounting years was approximately 438.57 million RMB, with a cash dividend ratio of 58.41%[151]. - The company has not made any adjustments to its cash dividend policy during the reporting period, maintaining its commitment to shareholder returns[141]. Corporate Governance and Compliance - The board of directors and supervisory board members have ensured the authenticity, accuracy, and completeness of the annual report[3]. - The company has established a robust corporate governance structure to ensure compliance and effective decision-making processes[112]. - The company has confirmed that there are no issues of dishonesty or unfulfilled court judgments by its controlling shareholders or actual controllers[177]. - The company has not faced any major changes in competition from controlling shareholders or actual controllers[116]. - The company has not reported any violations or penalties against its directors, supervisors, or senior management during the reporting period[177]. Risk Management and Internal Controls - The company has established a comprehensive risk management system, enhancing financial data analysis and fund usage supervision[160]. - The internal control management system has been improved, ensuring effective financial reporting without significant deficiencies[115]. - The internal control audit report indicated that the company maintained effective financial reporting internal controls in all significant aspects, receiving a standard unqualified opinion[161]. - The company has implemented an insider information management system to strengthen confidentiality and protect investors' rights[115]. Market Expansion and Strategic Initiatives - The company is expanding its international strategy, investing 45 million euros in Slovakia and establishing subsidiaries in the United States to enhance service and market presence[34]. - The company has established production bases in 20 cities across China, enhancing product supply efficiency and reducing transportation costs[51]. - The company has invested in establishing production bases in Malaysia, Mexico, and Slovakia, and has set up subsidiaries in the USA and Germany to expand into Southeast Asia, North America, and Europe[51]. - The company is actively entering the new energy vehicle market, supporting projects for brands like Li Auto, Geely, and BYD, contributing to the global trend towards carbon neutrality[35]. Research and Development - R&D expenses increased by 20.02% to CNY 549 million, driven by the growth in R&D projects and personnel[54]. - The number of R&D personnel is 1,652, making up 12.73% of the total workforce, indicating a focus on innovation and development[75]. - The company is committed to enhancing its research and development capabilities by investing in advanced technology and talent acquisition[103]. - The company is increasing R&D investment in new processes and technologies for automotive interior and exterior parts to enhance core competitiveness[106]. Production and Operational Efficiency - The company is enhancing its production capabilities with ongoing construction of multiple manufacturing bases, including in Shanghai and Mexico, to meet future demand[35]. - The company has implemented advanced production technologies and equipment, enhancing production efficiency and product quality[50]. - The company's production capacity utilization rate for dashboard assemblies is 94.11%, indicating efficient production operations[86]. - The company has a strong focus on product innovation and quality control, which has allowed it to compete effectively with foreign and joint venture component manufacturers in the automotive industry[46]. Shareholder Structure and Ownership - The controlling shareholder, Xinquan Investment, holds 12,715.3572 million shares, representing 26.09% of the total share capital[189]. - The actual controller, Mr. Tang Zhihua, pledged 18 million shares, accounting for 3.69% of the total share capital, for personal funding needs[190]. - The largest shareholder, Jiangsu Xinquan Zhihua Investment Co., Ltd., holds 127,153,572 shares, representing 26.09% of total shares[197]. - The company has no strategic investors or general corporations that have become top ten shareholders through new share placements[199]. Environmental and Sustainability Initiatives - The company has adopted measures to reduce carbon emissions, including phasing out old manufacturing equipment and promoting solar photovoltaic projects[165]. - The company invested 13.7704 million yuan in environmental protection during the reporting period[162]. - The company has established a mechanism for environmental protection and strictly adheres to national environmental laws and regulations[164]. Audit and Financial Reporting - The company has received a standard unqualified audit report from Lixin Certified Public Accountants[5]. - The company has appointed Lixin Accounting Firm as the auditor for the 2024 financial report, with an audit fee of 800,000 RMB[176]. - The company will implement the new accounting standards effective January 1, 2024, with no significant impact on the financial statements for the reporting period[173].

Financial Performance - The company reported a basic earnings per share of 2.00 yuan for 2024, an increase of 21.21% compared to 1.65 yuan in 2023 [1] - The net profit for 2024 was 9.77 billion yuan, up 21.22% from 8.06 billion yuan in 2023 [1] - The operating revenue reached 132.64 billion yuan, reflecting a growth of 25.46% from 105.72 billion yuan in the previous year [1] - The return on equity (ROE) improved to 17.99%, slightly up from 17.73% in 2023 [1] Shareholder Structure - The top ten unrestricted shareholders hold a total of 24,658.96 million shares, accounting for 50.6% of the circulating shares, with a decrease of 255.83 million shares compared to the previous period [1] - Jiangsu Xinquan Zhihua Investment Co., Ltd. remains the largest shareholder with 12,715.36 million shares, representing 26.09% of the total share capital [2] - The fund "Qingguo Xuyuan Three-Year Holding Period Mixed A" saw a significant increase in holdings by 131.51 million shares [2] Dividend Distribution - The company announced a dividend distribution plan of 3 yuan per share (including tax) [2]

Core Viewpoint - International gold prices have shown strong performance, recently breaking through the $3400 and $3500 thresholds, with COMEX gold futures reaching $3476.1 per ounce and spot gold hitting a historical high of $3500.120 per ounce [1][3]. Group 1: Gold Market Performance - As of April 22, COMEX gold futures reported a price of $3476.1 per ounce, with a daily increase of 1.48% and a peak of $3509.9 per ounce [1]. - Spot gold in London was priced at $3457.960 per ounce, rising 1.00% during the day and reaching a high of $3500.120 per ounce [1]. - The "doomsday wheel" phenomenon in the options market has emerged, characterized by significant price fluctuations leading to extraordinary returns on options contracts [1]. Group 2: Options Market Activity - Several deep out-of-the-money call options for Shanghai gold surged dramatically, with the maximum increase for the Shanghai gold 2505 call option 888 reaching 9800%, closing up 4200% [1]. - Other notable increases included the Shanghai gold 2505 call option 896, which rose 7000% to close up 2700%, and the 2505 call option 904, which increased 5500% to close up 2400% [1]. Group 3: Stock Market Reaction - On April 22, gold-related stocks experienced significant gains, with companies such as Baoding Technology (002552.SZ) and Dongjiang Environmental (002672.SZ) hitting the daily limit, while Mingpai Jewelry (603179.SH) and Sichuan Gold (001337.SZ) rose over 5% [3][4]. - The stock prices and percentage increases for notable gold-related companies included Baoding Technology at 15.02 yuan (+10.04%), Dongjiang Environmental at 4.28 yuan (+10.03%), and Sichuan Gold at 28.56 yuan (+6.09%) [4]. Group 4: Futures Market Highlights - The Shanghai gold futures market saw the main contract 2506 reach a maximum price of 836.3 yuan per gram, with a daily increase of 4.13%, making it the most watched futures product of the day [5][6]. - The 2506 contract attracted a capital inflow of 2.775 billion yuan on the same day [5].

4月22日，赵诣旗下泉果旭源三年持有期混合型基金发布2025年度一季报。泉果旭源的前十大重仓股分 别为宁德时代（300750）(300750.SZ)、科达利（002850）(002850.SZ)、腾讯控股(00700)、美团- W(03690)、立讯精密（002475）(002475.SZ)、恩捷股份（002812）(002812.SZ)、新泉股份（603179） (603179.SH)、应流股份（603308）(603308.SH)、快手-W(01024)、德业股份（605117）(605117.SH)。相 比于2024年四季度，快手-W新进前十大，振芯科技（300101）则退出了前十大。 | 序号 | 股票代码 | 股票名称 | 数量(股) | 公允价值(元) | 占基金资产净 | | --- | --- | --- | --- | --- | --- | | | | | | | 值比例(%) | | 1 | 300750 | 宁德时代 | 4, 982, 542 | 1, 260, 284, 17 | 9.33 | | | | | | 3. 48 | | | 2 | 002850 | 科达利 | 10, ...

► 行业新技术：高阶智驾加速普及 高压快充重构体验 智能驾驶：高算力芯片与激光雷达大规模上车。吉利 领克 900 成为全球首款搭载 Thor 芯片的量产车型，双Orin-X芯片成主流配置；零跑B10等车型以激光雷达下探至 10万元级市场，推动智驾平权。 智能座舱：高通骁龙 8295P芯片规模化普及，覆盖15万元以上车型 （如小鹏 G7、零跑B10、比亚迪汉L/唐L、方程豹钛3、吉利银河星 耀8、极氪007 GT）； 电动化： 800V高压快充成标配，续航与补能效率突破。 比亚迪全域 1 , 000V平台、华为尊界S800支持6C超充，续航普遍突破700km。 高端化 ：本次车展华为、小米新车集中发力高端市场，华为尊界定位百万级豪华轿车，通过华为品牌力 +智能驾驶、座舱黑科技赋能品牌；小米SU7 Ultra定位巅峰性能科技轿 车，主打性能、操控、科技，通过技术赋能高端。 ► 新势力新趋势：科技巨头重塑格局 智驾体验定义竞争力 华为： 尊界 S800、问界M8、享界S9增程三箭齐发，以鸿蒙智驾+高压平台技术冲击豪华市场，定位覆盖30万元至百万元级。 小米： S U7 ultra亮相车展， 具备 最大 马力 154 ...

Core Viewpoint - The 2025 Shanghai International Automobile Industry Exhibition will be held from April 23 to May 2, 2025, with the theme "Embrace Innovation, Win the Future," showcasing over 1,000 global enterprises and more than 100 new car launches, highlighting the industry's transformation and technological advancements [1][10]. Industry New Technologies - Advanced intelligent driving technologies are accelerating, with high-performance chips and LiDAR becoming mainstream. Geely's Lynk & Co 900 is the first mass-produced model equipped with the Thor chip, while models like Leapmotor B10 are introducing LiDAR technology to the 100,000 yuan market [2][21]. - The adoption of 800V high-voltage fast charging is becoming standard, with companies like BYD and Huawei leading the way, achieving ranges exceeding 700 km and charging efficiencies [2][27]. - The high-end market is seeing significant entries from tech giants like Huawei and Xiaomi, with models like Huawei's Aito S800 and Xiaomi's SU7 Ultra targeting luxury segments [2][3]. New Forces and Trends - Tech giants are reshaping the competitive landscape, with Huawei launching multiple models aimed at the luxury market, while new players like Xiaopeng, Li Auto, and Leapmotor are focusing on intelligent upgrades to penetrate mainstream markets [3][8]. - New energy vehicle brands are showcasing their strengths, with models like Xiaopeng G7 and Li Auto i8 emphasizing advanced intelligent driving capabilities [3][19]. Domestic Brand Trends - Domestic brands are leveraging technology to move upmarket, with BYD's Han L and Tang L featuring advanced intelligent driving systems and extended-range capabilities [4][19]. - Geely is expanding its market presence with models like the Galaxy Star 8 and Lynk & Co 900, focusing on hybrid and intelligent technologies [4][19]. - Companies like Changan, Great Wall, and SAIC are diversifying their product offerings, emphasizing high-end and technologically advanced vehicles [4][19]. Investment Recommendations - The report recommends investing in quality domestic brands that are accelerating in intelligence and globalization, specifically BYD, Geely, Xiaopeng, and Li Auto, while also suggesting to monitor Xiaomi Group [5]. - In the parts sector, it highlights new force supply chains and recommends companies like H Chain, T Chain, and intelligent driving component manufacturers [5].

Investment Rating - The report maintains a positive investment rating for the automotive and automotive parts industry, focusing on domestic autonomous industry chains and key companies such as BYD, Geely, and Xpeng [5]. Core Insights - The report highlights the impact of recent U.S. tariffs on the automotive sector, noting that the tariffs have a limited effect on automotive parts, particularly for companies with overseas operations [2][3]. - It emphasizes the importance of monitoring tariff developments and suggests a focus on domestic autonomous vehicle manufacturers that are less affected by U.S. tariffs [3][24]. - The report recommends a selection of companies in the automotive sector, particularly those involved in smart and electric vehicles, as well as automotive parts suppliers [3][4]. Summary by Sections Weekly Data - In the first week of April 2025, passenger car sales reached 337,000 units, a year-on-year increase of 25.6% but a month-on-month decrease of 30.2%. New energy vehicle sales were 168,000 units, up 37.8% year-on-year but down 30.4% month-on-month, with a penetration rate of 50.0% [1][3]. Market Performance - The automotive sector underperformed the market, with the A-share automotive sector declining by 5.26% from April 7 to April 11, ranking 24th among sub-industries [1][3]. Key Recommendations - The report suggests focusing on a core portfolio that includes companies like BYD, Geely, Xpeng, Xiaomi, Berteli, Top Group, and others [1][3]. - It also highlights the potential of companies involved in the new energy vehicle supply chain and those focusing on smart driving technologies [3][4]. Tariff Impact - The U.S. tariffs, particularly the reciprocal tariffs, are expected to have a significant impact on exports and the economy, with a potential drag on GDP growth [10][19]. - The report notes that the automotive parts sector is less affected by the tariffs, especially for companies with production facilities in Mexico and Southeast Asia [2][24]. Company Focus - The report identifies key companies in the automotive parts sector that are well-positioned to benefit from the current market dynamics, including those involved in smart and electric vehicle technologies [3][4][25].

Investment Rating - The report maintains a "Positive" investment rating for the automotive industry [14] Core Insights - The impact of the recent tariffs imposed by the U.S. on China is relatively limited for the automotive sector, primarily affecting parts exports. Strong parts manufacturers have established global production capabilities, particularly in Mexico, which benefits from zero tariffs under the USMCA agreement [2][10] - The overall automotive sales for the week of March 24-30 reached 482,500 units, a 12.3% increase compared to the previous week. New energy vehicle sales were 241,900 units, reflecting an 8.0% increase, with a penetration rate of 50%, down 2.0 percentage points from the previous week [9][10] - The A-share automotive sector experienced a decline of 3.60%, underperforming the CSI 300 index, which fell by 1.37% [9] Summary by Sections Tariff Impact - The U.S. tariffs on Chinese imports have a limited short-term impact on the automotive sector, with parts exports being the primary concern. Companies can potentially shift production to Mexico or other low-tariff regions to mitigate costs [10][23] Market Performance - The automotive sector's performance in the A-share market has been weak, with various sub-sectors showing declines, particularly in commercial vehicle parts and tires [9][11] Sales Data - Total automotive sales for March 2025 reached 1.685 million units, a 23.4% increase year-on-year, with new energy vehicles accounting for 890,000 units, up 27.7% [9][10] Investment Recommendations - The report recommends focusing on the complete vehicle segment and parts manufacturers with strong overseas layouts, particularly those involved in smart driving technologies and robotics [11][12] - Specific companies highlighted for investment include BYD, XPeng Motors, and Geely for smart driving vehicles, and Top Group and Fulin Precision for robotics [11][12] Parts Manufacturing - Some parts manufacturers may face pressure due to declining Tesla sales, but recovery is expected with new vehicle launches in Q2. Companies with operations in Mexico are less affected by the tariffs [12][40]