证券代码：603187 证券简称：海容冷链 公告编号：2024-034 青岛海容商用冷链股份有限公司 关于公司参与设立股权投资基金的进展公告 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。 一、对外投资概述 为促进公司业务发展战略转型升级，同时拓宽公司投资渠道，公司作为有限 合伙人认缴出资人民币 1.5 亿元与专业机构共同投资设立泰安金帆峰海望岳基 金合伙企业 (有限合伙)（以下简称"基金"），基金总规模为人民币 3 亿元。 具体内容详见公司分别于 2023 年 6 月 8 日和 2023 年 8 月 4 日在上海证券交易 所网站（http：//www.sse.com.cn）披露的关于公司参与设立股权投资基金的进 展公告（公告编号：2023-032、2023-042）。 二、进展情况说明 经基金全体合伙人协商决定，将基金认缴出资总额从 3 亿元减至 1.5 亿元， 并通过基金份额转让的方式新增两名有限合伙人。公司在基金的认缴出资额从 1.5 亿元减至 0.75 亿元，出资比例不变。近日，基金完成了减少出资总额和份 额转让的变 ...

Group 1: Company Strategy and Competitive Advantage - The company adheres to a core development strategy of "specialization, differentiation, and customization," which allows it to better meet customer needs and accumulate a large number of high-quality clients, increasing customer loyalty [1][2] - The company has a strong research and development capability and an efficient R&D mechanism, enabling proactive and forward-looking product development [1][2] Group 2: Product and Market Overview - The company’s refrigerated display cabinet products initially focused on export, gaining a certain market share in the high-end display cabinet sector in North America [2] - The main export regions for the company’s products include Southeast Asia, North America, Europe, and South America [2] - In Southeast Asia, the company serves international brands like Unilever and Nestlé, as well as local fast-moving consumer goods brands, capitalizing on the region's high demand for cold beverages [2] Group 3: Future Development and Innovation - The company is focusing on the smart cabinet sector, having developed related technologies and products, which are now at an industry-leading level [3] - The market potential for smart vending cabinets and upgraded commercial display cabinets is significant, as downstream brand owners increasingly demand channel intelligence upgrades [3] Group 4: Operational Insights - The company’s main raw materials include steel, isocyanate, polyether, and compressor components, with copper having a relatively small impact on overall costs [3] - The typical product update cycle for commercial display cabinets is approximately 3-5 years due to the high demands of fast-moving consumer goods companies [3] - The company’s peak capacity utilization often exceeds 100%, while an annual capacity utilization rate of 75% indicates that the production line is fully utilized [3] Group 5: Investor Relations and Communication - The company ensures that all communications with investors are conducted in accordance with its information disclosure management system, maintaining the accuracy and completeness of disclosed information [4]

证券代码：603187 证券简称：海容冷链 公告编号：2024-033 青岛海容商用冷链股份有限公司 2023 年年度权益分派实施公告 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： | 股份类别 | 股权登记日 | 最后交易日 | 除权（息）日 | 现金红利发放 | | --- | --- | --- | --- | --- | | | | | | 日 | | Ａ股 | 2024/5/10 | － | 2024/5/13 | 2024/5/13 | 差异化分红送转： 是 一、 通过分配方案的股东大会届次和日期 本次利润分配方案经公司 2024 年 4 月 12 日的 2023 年年度股东大会审议通过。 二、 分配方案 1. 发放年度：2023 年年度 2. 分派对象： 截至股权登记日下午上海证券交易所收市后，在中国证券登记结算有限责任 公司上海分公司（以下简称"中国结算上海分公司"）登记在册的本公司全体股东。 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》等有关 规定，公司存放于回购专用证券 ...

证券代码：603187 证券简称：海容冷链 公告编号：2024-032 根据《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，公司应在每个月的前 3 个交易日内公告截至上月 末的回购进展情况。现将公司回购进展情况公告如下： 2024 年 4 月，公司未通过集中竞价交易方式回购股份。 青岛海容商用冷链股份有限公司 关于以集中竞价交易方式回购股份的进展公告 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。 重要内容提示： | 回购方案首次披露日 | 2023/10/27 | | | | | --- | --- | --- | --- | --- | | 回购方案实施期限 | 2023 年 10 月 26 日~2024 年 10 | 25 | 日 | 月 | | 预计回购金额 | 50,000,000 元~100,000,000 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 ...

上海锦天城（青岛）律师事务所 关于青岛海容商用冷链股份有限公司 差异化分红事项的 关于青岛海容商用冷链股份有限公司 美异化分红事项的 法律意见书 法律意见书 锦 天 域 律 师事 务 所 ALLBRIGHT LAW OFFICES 地址:青岛市市南区香港中路 8 号青岛中心大厦 45 层 电话: 0532-55769077 传真: 0532-55769155 邮编: 266071 青岛海容商用冷链股份有限公司 锦天城 · 法律意见书 上海锦天城(青岛) 律师事务所 致青岛海容商用冷密股份有限公司: 上海锦天城(青岛)律师事务所(以下简称"本所")接受青岛海容商用冷 链股份有限公司(以下简称"公司"或"海容冷链")的委托,根据《中华人民 共和国公司法》(以下简称《公司法》)《中华人民共和国证券法》(以下简称《证 券法》)《上海证券交易所上市公司自律监管指引第 7 号 -- 回购股份》(以下简 称《回购股份指引》)等法律、法规、规章和其他规范性文件以及《青岛海容商 用冷链股份有限公司章程》(以下简称《公司章程》)的有关规定,就公司 2023年 度利润分配所涉及的差异化分红事项(以下简称"本次差异化分红")出具本法 ...

证券研究报告 2024 年 04 月 26 日 公 司 报 告│ 公 司 季 报 点 评 海容冷链(603187) 2024 年一季报点评： 内销短期承压，期待旺季表现 事件： 海容冷链发布 2024 年一季报：当季实现营业收入 8.52 亿元，同比-4.34%； 实现归母净利润 1.15 亿元，同比-1.67%，扣非净利润 0.98 亿，同比-12.22%。 内生增长可期，维持"买入"评级 | --- | --- | |------------|-------------------| | | | | 行 业： | 机械设备/通用设备 | | 投资评级： | 买入（维持） | | 当前价格： | 15.64 元 | | 目标价格： | 17.82 元 | 作者 联系人：蔡奕娴 出口贡献增长，内销节奏偏慢 24Q1 营收同比-4.3%，预计主要受年初至今天气偏凉，国内冷冻下游投放节 奏同比放缓影响，且 23Q1 冷冻内销收入同比增速 20%+，基数偏高；冷藏内 销基数不高，延续 23 全年恢复态势，同比增速或在 50%左右。外销方面， 冷冻自 23Q1 趋势向上，24Q1 景气延续而基数走高，预计个位数增长； ...

本报告仅供 Choice 东方财富 使用，请勿传阅。 收入短期承压，净利率同比提升 Q1 收入同比有所下降：Q1 海容销售分主要品类来看：1）因上 年同期国内基数较高，我们判断 Q1 冷冻柜业务有所承压。2）随 着公司新开拓的冷藏柜客户订单放量，我们分析 Q1 冷藏柜业务 快速增长。3）公司精耕连锁便利店市场，并大力发展经销商，我 们判断 Q1 商超柜业务实现快速增长。分内外销来看，我们判断 Q1 外销收入延续快速增长，内销收入同比有所下降。我们认为，海 容在冷冻柜、冷藏柜的行业地位稳固，未来收入有望恢复快速增 长。 Q1 经营性净现金流同比减少：Q1 公司单季度经营性现金流净额 同比-0.6 亿元，主要因为销售收入有所下降。Q1 公司销售商品、 提供劳务收到的现金同比-0.4 亿元。 | --- | --- | |-------------------------|--------| | [Table_Finance1] ( 亿元 | | | 主营收入 29.0 | | | 净利润 2.9 | | | 每股收益(元 | ) 1.15 | | 每股净资产(元 | ) 9.43 | | | | | 盈利和估值 ...

证券代码:603187 证券简称:海容冷链 公告编号：2024-031 三、公司将按照有关规定及时向中证登上海分公司申请办理限制行权相关事 宜。 特此公告。 青岛海容商用冷链股份有限公司董事会 2024 年 4 月 26 日 青岛海容商用冷链股份有限公司 关于 2021 年股票期权与限制性股票激励计划 之股票期权限制行权的提示性公告 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个别及连带责任。 根据《上市公司股权激励管理办法》《上海证券交易所上市公司自律监管指 南第 2 号—业务办理》（第八号—股权激励计划股票期权自主行权）《青岛海容 商用冷链股份有限公司 2021 年股票期权与限制性股票激励计划（草案）》及中 国证券登记结算有限责任公司上海分公司关于股票期权自主行权的相关规定，并 结合青岛海容商用冷链股份有限公司（以下简称"公司"）2023 年度权益分派 实施计划，现对公司 2021 年股票期权与限制性股票激励计划之股票期权自主行 权时间进行限制，本次限制行权具体情况如下： 一、公司 2021 年股票期权与限制性股票激励计划首次授予 ...

Financial Performance - The company's operating revenue for Q1 2024 was CNY 851,627,504.96, representing a decrease of 4.34% compared to the same period last year[5]. - The net profit attributable to shareholders for Q1 2024 was CNY 114,653,700.98, down by 1.67% year-on-year[5]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 97,672,865.91, a decline of 12.22% compared to the previous year[5]. - The total revenue for Q1 2024 was RMB 851,627,504.96, a decrease of 4.7% compared to RMB 890,257,268.47 in Q1 2023[17]. - The net profit for Q1 2024 is not explicitly stated, but the company reported a decrease in operating income, which may impact profitability[17]. - Net profit for Q1 2024 was CNY 115,261,081.15, slightly down from CNY 116,261,379.42 in Q1 2023, a decrease of about 0.86%[20]. - Operating profit for Q1 2024 was CNY 133,385,684.47, compared to CNY 140,507,808.85 in Q1 2023, representing a decline of approximately 5.5%[19]. - Total comprehensive income for Q1 2024 was CNY 115,227,008.73, compared to CNY 116,588,628.79 in Q1 2023, a decrease of about 1.17%[20]. Cash Flow - The net cash flow from operating activities was negative at CNY -47,835,537.06, indicating a significant cash outflow[5]. - Cash flow from operating activities for Q1 2024 was negative at CNY -47,835,537.06, down from CNY 15,534,867.78 in Q1 2023[22]. - In Q1 2024, the company's cash inflow from operating activities was CNY 685,850,978.11, a decrease of 4.8% compared to CNY 720,803,023.42 in Q1 2023[31]. - The net cash flow from operating activities was -CNY 55,640,208.32, worsening from -CNY 3,525,367.94 in the same period last year[31]. - Cash inflow from investment activities significantly increased to CNY 1,486,131,800.72, up from CNY 584,507,977.16, marking a growth of 154.5%[32]. - The net cash flow from investment activities was CNY 691,082,041.47, compared to CNY 39,834,858.48 in Q1 2023, indicating a substantial increase[32]. - The total cash outflow from investment activities rose to CNY 795,049,759.25, up from CNY 544,673,118.68, reflecting a 46.0% increase[32]. - The net cash flow from financing activities was -CNY 18,556,136.36, a decline from CNY 15,259,044.87 in the previous year[32]. Assets and Liabilities - Total assets at the end of Q1 2024 amounted to CNY 5,694,182,140.92, reflecting a 0.99% increase from the end of the previous year[6]. - The company's total liabilities decreased to CNY 1,539,393,730.87 from CNY 1,577,356,158.84, indicating a reduction of approximately 2.41%[26]. - The total liabilities decreased to RMB 1,585,298,771.26 from RMB 1,618,537,270.20, a reduction of 2.0%[15]. - The company's total assets as of March 31, 2024, amounted to CNY 5,524,421,511.66, an increase from CNY 5,480,041,008.33 as of December 31, 2023, reflecting a growth of approximately 0.81%[24]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 19,143[10]. - The largest shareholder, Shao Wei, held 76,810,871 shares, representing 19.88% of the total shares[10]. - The company has repurchased a total of 3,433,116 shares, accounting for 0.8884% of the total share capital, with a total expenditure of RMB 50,008,595.32[12]. - The company plans to use the repurchased shares for employee stock ownership plans and/or equity incentives, with a total repurchase budget between RMB 50 million and RMB 100 million[12]. Expenses and Investments - The total operating costs for Q1 2024 were RMB 716,162,625.99, down 3.9% from RMB 745,262,224.13 in Q1 2023[17]. - Research and development expenses for the first quarter of 2024 were CNY 18,950,217.35, a decrease of 14.66% compared to CNY 22,087,696.01 in the first quarter of 2023[28]. - The company's financial expenses showed a significant improvement, reporting a gain of CNY 8,313,965.26 in the first quarter of 2024, compared to a loss of CNY 2,432,960.10 in the same period last year[28]. - The company reported a credit impairment loss of CNY 24,071,537.42 in the first quarter of 2024, compared to a loss of CNY 18,816,624.15 in the same period last year, indicating a worsening in credit quality[29]. - The company's tax expenses decreased to CNY 18,808,207.02 in Q1 2024 from CNY 23,189,605.76 in Q1 2023, a reduction of approximately 18.5%[19]. Inventory and Receivables - The accounts receivable rose to RMB 1,571,606,885.38, up from RMB 1,263,500,913.27, indicating a significant increase of 24.4%[13]. - The company's inventory decreased to RMB 659,280,704.20 from RMB 688,551,187.71, reflecting a decline of 4.3%[14]. - The company's inventory as of March 31, 2024, was CNY 636,551,258.62, down from CNY 666,397,786.82, a decrease of approximately 4.47%[24]. - The cash and cash equivalents increased to RMB 1,793,223,601.50 from RMB 1,064,748,628.73, representing a growth of 68.5%[13]. - The company's cash and cash equivalents at the end of Q1 2024 reached CNY 1,617,789,082.95, an increase from CNY 999,037,884.98 at the end of Q1 2023[32].

二、控股子公司股权变更对公司的影响 一、基本情况 武汉轻购云科技有限公司（以下简称"轻购云"）为青岛海容商用冷链股份 有限公司（以下简称"公司"）的控股子公司。 根据目前的实际经营情况及公司发展规划，轻购云开展的业务与公司智能化 产品定位存在较大差异，为优化资源配置及组织结构，降低管理成本，提高运营 效率，经轻购云全体股东协商，公司将所持轻购云 60%股份全部转让给武汉轻购 互盟科技合伙企业（有限合伙）。 根据《公司章程》等相关规定，本次股权转让事项涉及的总资产、净资产、 净利润等指标均未达到董事会审议标准。本次股权转让事项不涉及关联交易，也 不构成《上市公司重大资产重组管理办法》规定的重大资产重组。 上述股权转让事项已办理完毕。 证券代码：603187 证券简称：海容冷链 公告编号：2024-030 青岛海容商用冷链股份有限公司 关于控股子公司股权变更的公告 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。 本次股权转让，对公司损益无重大影响，对公司整体业务发展无实质性影响， 不会损害公司及全体股东的利益。股权转让变更完成后 ...