| | | | | 日 | | --- | --- | --- | --- | --- | | 股份类别 Ａ股 | 股权登记日 2024/7/1 | 最后交易日 － | 除权（息）日 2024/7/2 | 现金红利发放 2024/7/2 | 差异化分红送转：是 证券代码：603191 证券简称：望变电气 公告编号：2024-044 重庆望变电气（集团）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： 每股分配比例 A 股每股现金红利 0.15 元（税前） 相关日期 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 5 月 16 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 ...

中信证券股份有限公司 关于重庆望变电气（集团）股份有限公司 差异化分红事项的核查意见 公司于 2024 年 4 月 9 日披露了《关于 2024 年限制性股票激励计划首次授予 结果公告》（公告编号：2024-029），公司 2024 年限制性股票激励计划实际授 予数量为 2,550,000 股，标的股票已过户至各激励对象名下。 截至本核查意见出具日，公司剩余 652,768 股回购股份尚在回购专用证券账 户内。 根据《公司法》《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》及《公司章程》等有关规定，公司回购的股份不参与利润分配， 故 2023 年年度利润分配实施差异化分红。 中信证券股份有限公司（以下简称"保荐人"）作为重庆望变电气（集团） 股份有限公司（以下简称"望变电气""公司"）首次公开发行股票并上市的保 荐人，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》等有关规定，对望变电气 2023 年度利润分配 所涉及的差异化分红（以下简称"本次差异化分红"）进行了 ...

Financial Performance - In Q1 2024, the company achieved revenue of approximately ¥520 million, with a net income of ¥21 million after expenses [2] - The company expects to gradually reach design capacity as ongoing projects conclude by April 30, 2024 [2] High-end Magnetic Material Project - The 80,000-ton high-end magnetic material project commenced domestic production on June 30, 2023, with plans for full production by June 30, 2024 [2] - The output ratio of grades 095 and above has exceeded 80%, while grades 085 and above have surpassed 10% [3] Export and Market Strategy - In 2023, the company's oriented silicon steel exports accounted for 21.18% of total sales, with expectations to increase to 50%-60% in 2024 [3] - The company has a saturated order book in the power distribution sector, with export contracts totaling nearly ¥50 million [4] - The company is expanding its global footprint, targeting markets in Southeast Asia, the Middle East, and North America [5] Production Capacity and Supply Chain - The company plans to evaluate the potential upgrade of existing production lines after stabilizing the new high-end magnetic material project [3] - The company has secured a 2-3 month order reserve for its power distribution segment and 4-6 months for cloud power distribution [4] Strategic Partnerships and Certifications - The company is establishing sales centers in various regions, including the UAE and Africa, to enhance its bidding capabilities for major power projects [5] - Compliance with international certifications such as UL and CE is essential for exporting electrical equipment to the US and EU [6] Future Outlook - The company anticipates stable growth in the power distribution and control equipment sector, supported by national policies and infrastructure development [7] - The price of oriented silicon steel is expected to remain stable or increase due to rising demand for energy-efficient transformers [8]

Summary of Conference Call for Wangbian Electric Company Overview - **Company**: Wangbian Electric - **Industry**: Transformer and Silicon Steel Manufacturing Key Points Financial Performance - In Q1, the company reported revenues of approximately 520 million with a net income of 21 million [2] - Production operations in April and May were normal, with projects reaching completion stages by April 30 [2] - The company expects production capacity to gradually ramp up, aiming to reach designed capacity levels [2] Production Capacity - The company has a total production capacity of 180,000 tons, including 80,000 tons from a newly constructed project expected to contribute 50,000 to 60,000 tons in 2024 [3][4] - Current production lines include 50,000 tons of CDO and 50,000 tons of Haifei steel, with plans to reach close to 200,000 tons in total production capacity [4] - The new 80,000-ton line is designed to produce high-grade silicon steel, with expectations to achieve 60% to 80% of high-grade output over the next 1-2 years [5][6] Market Dynamics - Silicon steel prices have rebounded due to price adjustments by competitors, particularly Baowu, which has increased prices by 200-300 per month since March [10][11] - The company anticipates a steady increase in prices driven by market demand and the need for price protection [11] - The price gap between high-grade and low-grade silicon steel is expected to widen as high-grade products gain market traction [12] Customer Orders and Sales Strategy - The company operates on a "production to sales" model, ensuring that production aligns with market demand [14] - Orders are typically placed monthly, with current orders covering several months of production [14] - The company has a procurement strategy involving primary and secondary suppliers, with a focus on maintaining a one-month supply of raw materials [15] Export and International Strategy - The company aims for 50% to 60% of its silicon steel production to be exported by 2025, with a focus on Southeast Asian markets [26] - In Q1, the company reported 50 million in transformer exports, primarily to Southeast Asia [18] - The company plans to leverage its partnerships with large infrastructure projects to enhance its export capabilities [46][49] Future Outlook - The company expects a 20% to 30% growth in revenue for the transformer segment, driven by increased demand and successful project completions [17] - The integration of the newly acquired Yun Electric is anticipated to contribute positively to overall profitability, although initial performance may take time to stabilize [35][36] - The company is optimistic about achieving production targets and maintaining competitive pricing in the silicon steel market [64] Additional Insights - The company is exploring opportunities in high-voltage transformer production, particularly after acquiring Yun Electric, which has capabilities for 500 kV transformers [20] - The company maintains a balanced approach to domestic and international markets, ensuring that high-grade products are marketed effectively across both [34] This summary encapsulates the key insights from the conference call, highlighting the company's current performance, production capabilities, market dynamics, and future strategies.

证券代码：603191 证券简称：望变电气 公告编号：2024-041 二、 董事会会议审议情况 （一） 审议通过《关于使用部分闲置自有资金进行现金管理的议案》 同意公司及子公司在确保日常经营资金需求和资金安全的前提下，任一时点 使用闲置自有资金进行现金管理总额不超过11亿元（含本数），购买低风险、流 动性好的短期（不超过1年）理财产品或结构性存款，在上述额度内可以滚动使 用，现金管理期限自董事会审议通过之日起12个月内有效。授权总经理或其授权 人士行使该项投资决策权并签署相关合同或协议等文件资料，并由公司财务部组 1 重庆望变电气（集团）股份有限公司 第四届董事会第六次会议决议公告 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 重庆望变电气（集团）股份有限公司（以下简称"公司"或"望变电气"） 第四届董事会第六次会议通知于2024年5月18日以通讯的方式发出，会议于2024 年5月23日在公司会议室以通讯方式召开。本次会议应出席董事9人，实际出席董 事9人，会议由董事长杨泽民先生召集并主持，公司监 ...

证券代码：603191 证券简称：望变电气 公告编号：2024-042 重庆望变电气（集团）股份有限公司 关于使用部分闲置自有资金进行现金管理的公告 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。 重庆望变电气（集团）股份有限公司（以下简称"公司"）于 2024 年 5 月 23 日召开了第四届董事会第六次会议和第四届监事会第五次会议，审议通过了 《关于使用部分闲置自有资金进行现金管理的议案》，同意公司任一时点使用闲 置自有资金进行现金管理总额不超过 11 亿元（含本数），该额度的有效期自董 事会审议通过之日起 12 个月内有效，在上述额度及有效期限内，公司可循环滚 动使用，公司董事会授权总经理或其授权人士行使该项投资决策权并签署相关合 同或协议等文件资料，并由公司财务部组织实施相关事宜。具体情况如下： 一、本次使用部分闲置自有资金进行现金管理的基本情况 1、现金管理目的：在确保日常经营资金需求和资金安全的前提下，对部分 闲置自有资金进行现金管理，提高资金使用效率，增加公司收益。 2、现金管理额度：公司及子公司任一时点使用闲置 ...

证券代码：603191 证券简称：望变电气 公告编号：2024-043 重庆望变电气（集团）股份有限公司 第四届监事会第五次会议决议公告 同意公司及子公司在确保日常经营资金需求和资金安全的前提下，任一时点 使用闲置自有资金进行现金管理总额不超过 11 亿元（含本数），购买低风险、 流动性好的短期（不超过 1 年）理财产品或结构性存款，在上述额度内可以滚动 使用，现金管理期限自董事会审议通过之日起 12 个月内有效。授权总经理或其 授权人士行使该项投资决策权并签署相关合同或协议等文件资料，并由公司财务 部组织实施相关事宜。具体内容详见同日披露在上海证券交易所网站 1 （www.sse.com.cn）《关于使用部分闲置自有资金进行现金管理的公告》（公告 编号：2024-042）。 表决结果：同意3票；反对0票；弃权0票。 特此公告。 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 重庆望变电气（集团）股份有限公司（以下简称"公司"）第四届监事会第 五次会议于 2024 年 5 月 23 日在公司会议室以通 ...

Group 1: Business Performance - In 2023, the company achieved total revenue of 2.718 billion yuan, a year-on-year increase of 7.57% [2] - The revenue from the power distribution and control equipment business reached 1.353 billion yuan, up 38.52% year-on-year [2] - The oriented silicon steel business saw an increase in production by 14,700 tons and sales by 8,700 tons, but total revenue decreased by 13.14% due to falling sales prices [2] Group 2: Export and Market Strategy - In 2023, the export proportion of oriented silicon steel was reduced to 21.18% due to weakened price advantages in overseas markets [3] - The company anticipates increasing the export proportion to approximately 50%-60% in 2024 as prices stabilize [3] - As of early May 2024, the company has signed multiple export contracts in the power distribution sector, totaling nearly 50 million yuan [3] Group 3: Acquisition and Integration - The company signed a property transaction contract for the acquisition of Yunbian Electric on March 20, 2024, with the merger date set for April 1, 2024 [4] - Previous operational losses at Yunbian Electric were attributed to high fixed costs and increased product costs; post-acquisition, the company plans to improve profitability through operational synergies [4][5] Group 4: Future Outlook - The company expects stable growth in the power distribution and control equipment sector in 2024, supported by ongoing infrastructure projects [5] - The high-grade oriented silicon steel project is projected to contribute positively to operational performance once new capacities are released [5] - The company does not foresee an oversupply of high-grade oriented silicon steel due to increasing demand driven by energy transition policies [7] Group 5: Market Conditions and Challenges - The company is monitoring the impact of rising copper prices on profit margins, with limited effects expected due to pricing strategies with suppliers [9] - Competition in the new energy sector remains intense, but the company maintains a cost advantage in its oriented silicon steel production [8]

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Summary of Conference Call Company or Industry Involved - The document does not specify a particular company or industry involved in the conference call Core Points and Arguments - The document does not provide any core viewpoints or arguments from the conference call Other Important but Possibly Overlooked Content - The document only contains introductory information about joining the conference call and does not include any substantive content or data related to the company or industry discussed Overall, the document lacks detailed information necessary for a comprehensive analysis of any company or industry.