景津装备股份有限公司 董事会议事规则 二〇二四年十月 - | 第一章总则 | 1 | | --- | --- | | 第二章董事会组织规则 | 1 | | 第三章董事会会议制度 | 12 | | 第四章其它 | 18 | 景津装备股份有限公司 董事会议事规则 第一章 总则 第一条 为规范景津装备股份有限公司（以下简称公司）董事会内部机构及 运作程序，根据《中华人民共和国公司法》等有关规定及《景津装备股份有限公 司章程》（以下简称《公司章程》）的规定，结合公司实际，制定本规则。 第二条 董事会是公司股东会的执行机构及公司经营管理的决策机构，维护 公司和全体股东的利益，在《公司章程》和股东会的授权范围内，负责公司发展 目标和重大经营活动的决策，对股东会和全体股东负责，董事会的职权由《公司 章程》确定。 第三条 公司董事接受公司监事会的监督。 第四条 本规则适用于公司董事会、董事会各专门委员会、董事及本规则中 涉及的有关部门及人员。 第二章 董事会组织规则 第一节 董事会组织机构 第五条 公司董事会的组成人数及独立董事的比例，由《公司章程》确定。 董事会设董事长 1 名，不设副董事长，均由公司董事担任，以全体董事的 ...

证券代码：603279 证券简称：景津装备 公告编号：2024-036 景津装备股份有限公司 第四届监事会第十四次（临时）会议决议公告 一、 监事会会议召开情况 特此公告。 景津装备股份有限公司监事会 景津装备股份有限公司（以下简称"公司")第四届监事会第十四次（临时） 会议于 2024 年 10 月 21 日上午在德州经济开发区晶华路北首公司会议室以现场 表决方式召开，本次会议由监事会主席高俊荣主持。本次会议通知和材料已于 2024 年 10 月 18 日以专人送达方式发出。应出席本次会议的公司监事共三人， 实际出席本次会议的公司监事共三人。公司董事会秘书张大伟、证券事务代表刘 文君列席本次会议。本次会议的出席人数、召集、召开及表决程序均符合《中华 人民共和国公司法》等法律、行政法规、部门规章、规范性文件及《公司章程》 的相关规定。 二、监事会会议审议情况 2024 年 10 月 22 日 （一）审议通过《关于修订<景津装备股份有限公司监事会议事规则>的议 案》； 全文内容详见公司同日在指定媒体披露的《景津装备股份有限公司监事会议 事规则》，修订内容详见公司同日在指定媒体披露的《景津装备股份有限公司关 于变 ...

Investment Rating - The investment rating for the company is "Buy" (maintained) [4] Core Views - The company reported a stable revenue growth with a slight increase in cost control capabilities. In the first half of 2024, the company achieved an operating income of 3.127 billion yuan, a year-on-year increase of 2.34%, and a net profit attributable to shareholders of 459 million yuan, a year-on-year decrease of 4.28% [2][3] - The revenue share from the mineral processing and environmental protection sectors has increased, while the share from the new energy sector has decreased [2] - The company has improved its cost control, with sales, management, and R&D expense ratios decreasing [3] Summary by Sections Financial Performance - In the first half of 2024, the revenue breakdown is as follows: 1) Mineral processing revenue: 907 million yuan, accounting for 29.02%, up 2.40 percentage points from 2023 2) Environmental protection revenue: 819 million yuan, accounting for 26.18%, up 0.42 percentage points from 2023 3) New energy revenue: 702 million yuan, accounting for 22.46%, down 2.17 percentage points from 2023 4) Chemical revenue: 248 million yuan, accounting for 7.92%, down 1.88 percentage points from 2023 5) Aggregate revenue: 203 million yuan, accounting for 6.48%, up 0.19 percentage points from 2023 6) Bio-food revenue: 156 million yuan, accounting for 5.00%, up 1.11 percentage points from 2023 7) New materials revenue: 50 million yuan, accounting for 1.59%, down 0.34 percentage points from 2023 8) Pharmaceutical and health products revenue: 43 million yuan, accounting for 1.36%, up 0.28 percentage points from 2023 [2] Cost Control and Financial Structure - The company has enhanced its cost control capabilities, with sales, management, and R&D expense ratios at 4.49%, 2.60%, and 2.39%, respectively, down 0.35, 0.35, and 0.78 percentage points year-on-year. The company maintains a healthy financial structure with a debt ratio of 2.34% and financial expenses of -21 million yuan [3] Market Outlook and Profit Forecast - The company is expected to see growth in the filter plate market, with an increase in market share. The first phase of the complete equipment project was partially put into production in 2023, and the second phase is expected to be operational by 2026. The company is projected to achieve net profits of 1.04 billion, 1.17 billion, and 1.31 billion yuan for 2024, 2025, and 2026, respectively, with corresponding earnings per share of 1.80, 2.03, and 2.27 yuan. The current stock price corresponds to P/E ratios of 10.57, 9.36, and 8.35 times for the respective years [3][6]

证券代码:603279 证券简称:景津装备 景津装备股份有限公司 2024 年半年度业绩说明会会议记录 景津装备股份有限公司(以下简称"公司")于 2024 年 9 月 24 日上午 9:00-10:00 在上海证券交易所上证路演中心召开 2024 年半年度业绩说明会， 关于本次业绩说明会的召开事项，公司已于 2024 年 9 月 13 日在上海证券交 易所网站上披露了《景津装备股份有限公司关于召开 2024 年半年度业绩说明 会的公告》。 一、本次业绩说明会召开情况 2024 年 9 月 24 日，公司董事长、总经理姜桂廷先生，董事、副总经理、 董事会秘书张大伟先生，董事、财务总监李东强先生，独立董事张玉红女士参 加了本次业绩说明会，就投资者关心的问题在信息披露允许的范围内进行了回 答。 二、本次业绩说明会投资者关心的主要问题及公司答复情况 （一）预征集问题 问题 1. 1、成套设备一期项目计划于 23 年 10 月投产，但目前只有部分投产，产 能建设进度放缓的原因是什么？在一期放缓的情况下，为何还要上马二期工程？ 2、成套设备一期项目目前的产能利用率是多少？部分投产是因为建设进 度问题还是订单不足问题？估 ...

Investment Rating - The report gives a "Buy" rating for the company, marking its first coverage [5][6]. Core Viewpoints - The company has maintained its leading position in the filter press industry, achieving a market share of 53% in China as of 2022, and has seen its revenue grow from 3.31 billion to 6.25 billion RMB from 2019 to 2023 [2][22]. - Despite a slowdown in downstream demand, the company is expected to see slight revenue growth in filter presses due to its strong product reputation and competitive pricing [2][3]. - Short-term growth opportunities are identified in the accessories business and complete equipment, while long-term growth is anticipated from international expansion [3][8]. Summary by Sections Company Overview - The company focuses on filter presses and related accessories, having established a strong reputation over 30 years through innovation and value [2][17]. - The company has a stable shareholding structure, with significant ownership by its founders, ensuring a solid governance framework [20][21]. Market Demand and Growth - The demand for filter presses in downstream industries is expected to slow down, particularly in environmental and mineral processing sectors [2][31]. - The company’s revenue from the mineral processing sector grew significantly from 0.83 billion to 1.66 billion RMB between 2019 and 2023, driven by increased capital expenditure in the industry [30]. Growth Drivers - The accessories business, particularly filter plates and filter cloths, presents a significant growth opportunity, with expected revenue growth rates of 13.71% to 19.20% from 2024 to 2026 [3][7]. - The complete equipment projects are projected to contribute an annual revenue of 2.94 billion RMB and a net profit of 416 million RMB once fully operational [3][4]. - The company’s international business, which has a gross margin of over 45%, is expected to enhance long-term performance, with overseas revenue currently at 318 million RMB, accounting for 5.09% of total revenue [3][8]. Financial Performance and Forecast - The company has maintained a high and stable dividend payout ratio of over 50% from 2019 to 2023, with a current dividend yield of 6.68% [4][8]. - Forecasted net profits for 2024-2026 are 1.04 billion, 1.17 billion, and 1.31 billion RMB, respectively, with corresponding earnings per share of 1.80, 2.03, and 2.27 RMB [4][6].

Investment Rating - The report initiates coverage with a "Buy" rating for the company [5]. Core Views - The company is a global leader in the filter press industry, with over 30 years of experience and a market share of approximately 47% in China as of 2022 [1][31]. - The company is actively expanding its product applications and exploring new markets, particularly in the mineral processing, environmental protection, and new energy sectors [1][35]. - The company is expected to achieve significant growth in net profit from 1.05 billion yuan in 2024 to 1.37 billion yuan in 2026, with corresponding EPS increasing from 1.82 yuan to 2.38 yuan [1]. Summary by Sections Company Overview - Founded in 1988, the company specializes in manufacturing complete filtration equipment and is recognized as a champion in a specific manufacturing sector in China [12]. - The company has a strong R&D capability, having developed various filtration equipment widely used across multiple industries, including environmental protection, mining, and new energy [12][31]. Market Position and Financial Performance - The company achieved a revenue of 6.25 billion yuan in 2023, a year-on-year increase of 10%, driven primarily by the new energy sector [16]. - The net profit for 2023 was 1.01 billion yuan, reflecting a 20.9% increase compared to the previous year, attributed to a decrease in raw material prices [16]. - The company maintains a stable gross margin around 30%, with a net margin that has improved from 5.5% in 2013 to 16.1% in 2023 [22]. Downstream Applications - The company’s filtration equipment is widely used in various sectors, with the revenue distribution in 2023 being: 26.6% from minerals and processing, 25.8% from environmental protection, 24.6% from new energy, and 9.8% from chemicals [35]. - The company has established strong partnerships with leading firms in the lithium battery industry, enhancing its position in the new energy market [2]. Growth Opportunities - The company is poised to benefit from increased capital expenditure in the mining sector, with a compound annual growth rate (CAGR) of 34.4% in China's mining foreign investment from 2018 to 2022 [1]. - The company is also focusing on developing supporting equipment and components, which is expected to generate nearly 3 billion yuan in annual revenue once fully operational [2].

本公司董事会、全体董事及相关股东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。 证券代码：603279 证券简称：景津装备 公告编号：2024-033 景津装备股份有限公司董事、高级管理人员集中竞价 减持股份期间届满暨减持结果公告 重要内容提示： 董事、高级管理人员持股的基本情况 本次减持计划披露前，景津装备股份有限公司（以下简称"公司"）董事杨 名杰持有公司股份 434,570 股，持股比例为 0.0754%。副总经理卢毅持有公司股 份 677,520 股，持股比例为 0.1175%。 注 1、表格中杨名杰、卢毅"其他方式取得"为根据公司 2020 年限制性股 票激励计划授予取得、2022 年限制性股票激励计划授予取得及根据公司 2021 年 年度利润分配及资本公积金转增股本方案（每股转增 0.4 股）取得。其中，公司 2020 年限制性股票激励计划授予的股份均为无限售条件流通股；公司 2022 年限 制性股票激励计划授予的第一个限售期的股份和第二个限售期的股份已上市流 通为无限售条件流通股，第三个限售期的股份尚未解除限售为有限售条件流通股。 注 ...

证券代码：603279 证券简称：景津装备 公告编号：2024-034 景津装备股份有限公司 关于召开 2024 年半年度业绩说明会的公告 （一） 会议召开时间：2024 年 09 月 24 日 上午 09:00-10:00 （二） 会议召开地点：上证路演中心 （三） 会议召开方式：上证路演中心网络互动 三、 参加人员 董事长、总经理：姜桂廷先生 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： 投资者可于 2024 年 09 月 13 日(星期五) 至 09 月 23 日(星期一)16:00 前登 录上证路演中心网站首页点击 " 提问预征集 " 栏目或通过公司邮箱 jjhbzqb@163.com 进行提问。公司将在说明会上对投资者普遍关注的问题进行回 答。 景津装备股份有限公司（以下简称"公司"）已于 2024 年 8 月 27 日发布公 司 2024 年半年度报告，为便于广大投资者更全面深入地了解公司 2024 年半年度 经营成果、财务状况，公司计划于 2024 年 09 月 24 日上午 09:00-10: ...

Investment Rating - The report gives a "Buy" rating for the company, marking its first coverage [2]. Core Insights - The company reported a revenue of 3.127 billion yuan for the first half of 2024, reflecting a year-on-year increase of 2.34%. However, the net profit attributable to shareholders decreased by 4.28% to 459 million yuan due to price reductions on some products and a decline in gross margin [2]. - The company is experiencing stable revenue growth, with significant improvements in cash flow and an increased dividend payout ratio, resulting in a dividend yield exceeding 6% based on the latest market capitalization [2]. - The company aims to become a leading manufacturer of complete filtration equipment by expanding its product range and enhancing its market presence both domestically and internationally [2]. Financial Summary - For 2024, the company is projected to achieve revenues of 6.424 billion yuan, with a growth rate of 2.79%. The net profit is expected to be 960 million yuan, reflecting a decline of 4.78% [3][5]. - The company's earnings per share (EPS) for 2024 is estimated at 1.67 yuan, with a price-to-earnings (P/E) ratio of 10.33 [3][5]. - The gross margin is projected to decrease to 29.3% in 2024, while the net profit margin is expected to be 14.9% [5].

Investment Rating - The investment rating for the company is "Buy" (maintained) [1] Core Views - The company has shown stable revenue growth and a recovery in profit margins, with significant improvement in operating cash flow [2] - The demand for environmental protection is recovering, while the new energy and new materials sectors are under pressure; the biopharmaceutical sector has seen high revenue growth [2] - The company is a global leader in filter press manufacturing, with a market share consistently above 40%, and is expected to benefit from integrated equipment and international market expansion [2] Financial Performance Summary - In H1 2024, the company achieved revenue of 3.127 billion yuan (up 2.34% year-on-year) and a net profit attributable to shareholders of 459 million yuan (down 4.28%) [2] - The gross profit margin for H1 2024 was 29.42%, a decrease of 3.02 percentage points, primarily due to price reductions on some products [2] - The operating cash flow for H1 2024 was 267 million yuan, a significant increase of 6,477.59% year-on-year, attributed to increased cash receipts from product sales and reduced cash outflows for raw material purchases [2] Revenue Breakdown - In H1 2024, revenue by sector was as follows: - Environmental protection: 815 million yuan (up 14.85%), accounting for 26.18% of total revenue - Mineral processing: 903 million yuan (up 7.08%), accounting for 29.02% - New energy and new materials: 749 million yuan (down 8.34%), accounting for 24.05% - Chemical: 247 million yuan (down 32.96%), accounting for 7.92% - Sand and gravel: 156 million yuan (up 0.56%), accounting for 5.00% - Biopharmaceutical: 244 million yuan (up 58.62%), accounting for 7.84% [2] Profit Forecast and Valuation - The forecast for net profit attributable to shareholders for 2024-2026 has been adjusted to 1.025 billion yuan, 1.131 billion yuan, and 1.245 billion yuan, respectively, with corresponding P/E ratios of 10, 9, and 8 times [2]