证券代码：603305 证券简称：旭升集团 公告编号：2024-027 宁波旭升集团股份有限公司 根据本次发行项目进展，本公司按照相关要求会同相关中介机构对募集说明 书（注册稿）等申请文件的财务数据及其他变动事项更新至 2023 年度，具体内 容详见本公司同日在上海证券交易所网站（http://www.sse.com.cn）披露的《宁 波旭升集团股份有限公司向不特定对象发行可转换公司债券募集说明书（注册 稿》（2023 年度财务数据更新）等相关文件。 公司本次发行事项尚需获得中国证监会作出同意注册的决定后方可实施。本 次发行最终能否获得中国证监会同意注册的决定及其时间尚存在不确定性，公司 将严格按照有关法律法规的规定和要求，根据该事项的进展情况，及时履行信息 披露义务。敬请广大投资者注意投资风险。 特此公告。 宁波旭升集团股份有限公司董事会 2024 年 5 月 9 日 关于向不特定对象发行可转换公司债券募集说明书（注册稿）等 相关文件更新财务数据的提示性公告 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。 宁波旭升集团 ...

上海国领律师事务所 关于 宁波旭升集团股份有限公司 向不特定对象发行可转换公司债券的 补充法律意见书（三） n 上海国领律師事務所 SHANGHAI GUOLING LAW FIRM 二〇二四年五月 上海国 瓴 律 師 事 務 所 shanghai guoling law firm 补充法律意见书(三) 目录 | 释 | | --- | | 第一节 律师声明事项 | | 第二节 《审核问询函》之回复更新 | | 《审核问询函》之"1.关于本次募投项目必要性" … | | 《审核问询函》之"4.其他"…………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………… 13 | | 4.1 关于违规减持……………………………………………………………………………………………………………………………………………… 13 | | 4.2 关于和升铝瓶增资 . | | 第三节 补充披露期间的变化… | | 一、本次发行的批准和授权 | | 二、本次发行的主体资格… | | 三、本次发行的实质条件… ...

中信建投证券股份有限公司 关于 宁波旭升集团股份有限公司 向不特定对象发行可转换公司债券 之 发行保荐书 保荐人 二〇二四年五月 保荐人出具的证券发行保荐书 保荐人及保荐代表人声明 中信建投证券股份有限公司及本项目保荐代表人杨逸墨、俞康泽根据《中华 人民共和国公司法》《中华人民共和国证券法》等有关法律、法规和中国证监会 的有关规定以及上海证券交易所的有关业务规则，诚实守信，勤勉尽责，严格按 照依法制订的业务规则、行业执业规范和道德准则出具本发行保荐书，并保证发 行保荐书的真实性、准确性和完整性。 3-1-1 | 释 义 3 | | --- | | 第一节 本次证券发行基本情况 5 | | 一、本次证券发行具体负责推荐的保荐代表人 5 | | 二、本次证券发行项目协办人及项目组其他成员 5 | | 三、发行人基本情况 7 | | 四、保荐人与发行人关联关系的说明 7 | | 五、保荐人内部审核程序和内核意见 8 | | 六、保荐人对私募投资基金备案情况的核查 9 | | 第二节 保荐人承诺事项 10 | | 第三节 关于有偿聘请第三方机构和个人等相关行为的核查 11 | | 一、本保荐人有偿聘请第三方等相关行为 ...

宁波旭升集团股份有限公司 2023 年年度股东大会 会议资料 二〇二四年五月 | 2023 | | 年年度股东大会会议议程 3 | | --- | --- | --- | | 2023 | | 年年度股东大会会议须知 5 | | 公司 | 2023 | 年度董事会工作报告 6 | | 公司 | 2023 | 年度监事会工作报告 7 | | 公司 | 2023 | 年年度报告及其摘要 8 | | 公司 | 2023 | 年度利润分配方案 9 | | 公司 | 2023 | 年度财务决算报告 10 | | 关于确认公司 | | 年度董事薪酬的议案 2023 11 | | 关于确认公司 | | 2023 年度监事薪酬的议案 12 | | 关于续聘会计师事务所的议案 13 | | | | 关于 | 2024 | 年度向金融机构申请综合授信额度的议案 16 | | 公司前次募集资金使用情况的报告 | | 17 | 2023 年年度股东大会会议资料 2023 年年度股东大会会议议程 一、现场会议时间：2024 年 5 月 16 日（星期四）14:00 网络投票时间：2024 年 5 月 16 日（星期四） 采用上海证券交 ...

中信建投证券股份有限公司 关于 宁波旭升集团股份有限公司 向不特定对象发行可转换公司债券 之 上市保荐书 保荐人 二〇二四年五月 保荐人出具的上市保荐书 保荐人及保荐代表人声明 中信建投证券股份有限公司及本项目保荐代表人杨逸墨、俞康泽已根据《中 华人民共和国公司法》《中华人民共和国证券法》等法律法规和中国证监会及上 海证券交易所的有关规定，诚实守信，勤勉尽责，严格按照依法制定的业务规则 和行业自律规范出具上市保荐书，并保证所出具文件真实、准确、完整。 3-2-1 保荐人出具的上市保荐书 目 录 | 释 义… | | --- | | 一、发行人基本情况 | | 二、发行人本次发行情况 | | 三、本次证券发行上市的保荐代表人、协办人及项目组其他成员情况、联系地 | | 址、电话和其他通讯方式 . | | 四、关于保荐人是否存在可能影响公正履行保荐职责情形的说明 | | 五、保荐人按照有关规定应当承诺的事项 . | | 六、保荐人关于发行人是否已就本次证券发行上市履行了《公司法》《证券法》 | | 和中国证监会及上海证券交易所规定的决策程序的说明 …………………………………………18 | | 七、保荐人关于发行人 ...

证券代码：603305 证券简称：旭升集团 公告编号：2024-026 宁波旭升集团股份有限公司 关于召开 2023 年度暨 2024 年第一季度业绩说明会的公告 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： ● 会议召开时间：2024年5月15日（星期三）下午15:00－16:00 ● 会议召开地点：证券日报网路演平台（http://www.zqrb.cn/huiyi/lyhd/inde x.html） ● 会议召开方式：视频录播和文字网络互动 ● 投资者可在业绩说明会召开日前（5月9日-5月14日），提前将需要了解 的情况和有关问题通过电子邮件发送至公司证券部邮箱xsgf@nbxus.com。公司将 在本次业绩说明会上对投资者关注的问题进行交流。 宁波旭升集团股份有限公司（以下简称"公司"）已于2024年4月26日在上海 证券交易所网站（www.sse.com.cn）及指定信息披露媒体披露了《公司2023年年 度报告》及摘要、《公司2024年第一季度报告》。为便于广大投资者更全面深入 地了解公司20 ...

Investment Rating - The report maintains a "Buy" rating for the company [6][9]. Core Insights - The company's performance met expectations, with a focus on expanding downstream application scenarios [1]. - The company is a leader in lightweight manufacturing with a sufficient backlog of quality orders. In Q1 2024, the sales gross margin increased by 3 percentage points quarter-on-quarter, and the net profit margin increased by 2 percentage points quarter-on-quarter, primarily due to high-margin orders from leading automotive companies and improved operational efficiency [2]. - The company possesses advanced automotive manufacturing processes and is entering the energy storage sector, which is expected to drive future growth. The company has established strong relationships with major automotive clients and is collaborating with them to penetrate the energy storage market, which is projected to grow significantly [2]. Financial Performance Summary - In 2023, the company reported revenue of 4.83 billion yuan, a year-on-year increase of 9%, and a net profit of 710 million yuan, a year-on-year increase of 1.8%. The sales gross margin was 24.0%, and the net profit margin was 14.7% [5]. - For Q1 2024, the company reported revenue of 1.14 billion yuan, a year-on-year decrease of 2.9%, and a net profit of 160 million yuan, a year-on-year decrease of 18%. The sales gross margin was 23.8%, and the net profit margin was 13.8% [5]. - The global automotive market showed recovery, with total sales of 92.72 million vehicles in 2023, a year-on-year increase of 12%, including 14.18 million electric vehicles, which saw a year-on-year increase of 35% [5]. Earnings Forecast and Valuation - The company is expected to achieve net profits of 840 million yuan, 1.09 billion yuan, and 1.32 billion yuan for the years 2024, 2025, and 2026, respectively, corresponding to price-to-earnings (PE) ratios of 16, 12, and 10 times [6].

Investment Rating - The report maintains a "Buy" rating for the company [10][11]. Core Views - The company is one of the few in the industry that simultaneously masters three major aluminum alloy forming processes: die casting, forging, and extrusion, which positions it well for integrated production and self-developed alloy materials [2]. - The company has successfully expanded its global customer base, including partnerships with major players like CATL and ZF, leading to a decrease in revenue contribution from large customers from 34.4% in 2022 to 27.9% in 2023 [2]. - The company has extended its advantages in the new energy vehicle sector to energy storage products, achieving mass supply of energy storage product casings in 2023 [2]. Financial Summary - In 2023, the company's revenue increased by 8.5% year-on-year to 4.834 billion yuan, while net profit rose by 1.8% to 714 million yuan [10]. - The company's revenue is projected to grow from 5.770 billion yuan in 2024E to 9.060 billion yuan in 2026E, with a compound annual growth rate (CAGR) of 26.10% [4]. - The net profit is expected to increase from 763 million yuan in 2024E to 1.226 billion yuan in 2026E, reflecting a CAGR of 29.21% [4]. - The company's gross margin improved in Q1 2024, reaching 23.8%, up 3.0 percentage points from the previous quarter [3]. Operational Insights - The company is currently constructing a production base in Mexico, expected to commence operations by the end of 2024 or early 2025, which is anticipated to enhance its operational capacity and profitability [3][10]. - The report indicates that the company's operating margin is expected to improve as the new factory ramps up production and costs are gradually absorbed [3]. Valuation Metrics - The target price for the company's stock is set at 16.38 yuan, corresponding to a price-to-earnings (P/E) ratio of 20x for 2024E [11]. - The report projects a decrease in the company's P/E ratio from 18 in 2023 to 10 in 2026, indicating a potential undervaluation in the long term [4][11].

Investment Rating - The investment rating for the company is "Buy" and it is maintained [11][15][20]. Core Views - The company achieved a revenue of 4.834 billion yuan in 2023, representing a year-on-year growth of 8.54%. The net profit attributable to shareholders was 714 million yuan, with a growth of 1.83% year-on-year [1][2]. - In Q1 2024, the company reported a revenue of 1.139 billion yuan, a decline of 2.91% year-on-year, and a net profit of 157 million yuan, down 18.49% year-on-year [1][2]. - The company is expected to continue its growth trajectory, with projected revenues of 5.691 billion yuan, 7.122 billion yuan, and 9.052 billion yuan for 2024, 2025, and 2026 respectively, reflecting growth rates of 18%, 25%, and 27% [15][16]. Financial Performance - The gross profit margin for 2023 was 24.0%, showing a slight improvement from 2022, while the Q1 2024 gross profit margin was 23.81%, remaining stable compared to the previous year [2][11]. - The company has a strong customer base, having expanded its reach to major markets in North America, Europe, and Asia, including partnerships with both emerging and established automotive manufacturers [11][15]. Capacity Expansion and Projects - The company plans to raise up to 2.8 billion yuan to fund projects including the "New Energy Vehicle Powertrain Project" and "Lightweight Automotive Key Components Project," which are expected to enhance its core competitiveness and support high-quality development [4][15]. - A new manufacturing base in Mexico is under construction, expected to generate an annual output value of 600 million USD, aimed at improving service efficiency for North American clients [11][15].

Investment Rating - The report maintains a "Buy" rating for the company, with a target price adjusted to 16.29 yuan from the previous 25.52 yuan [2][6]. Core Views - The global trend towards automotive lightweighting is expected to increase the demand for aluminum alloy components, and the company is actively building a global service system to benefit from this trend [2][6]. - The company is facing pressure on performance due to intensified industry competition, which has led to a downward adjustment in earnings forecasts [2][6]. Summary by Relevant Sections Financial Performance - For 2023, the company is projected to achieve revenue of 48.3 billion yuan, a year-on-year increase of 8.5%, with a net profit attributable to shareholders of 7.1 billion yuan, up 1.8% year-on-year [2][6]. - The Q1 revenue was 11.4 billion yuan, down 2.9% year-on-year and down 9.5% quarter-on-quarter, with a net profit of 1.6 billion yuan, down 18.5% year-on-year [2][6]. - The company’s EPS forecast for 2023 is adjusted to 0.89 yuan, with further projections of 1.07 yuan for 2024 and 1.37 yuan for 2026 [2][6]. Cost and Margin Analysis - The gross margin for Q1 2023 was 20.9%, a decrease of 5.4 percentage points year-on-year, while the company is expected to see improvements in gross margin in Q4 2023 [2][6]. - The report indicates that the company is experiencing a significant increase in expense ratios, which has impacted overall profitability [2][6]. Strategic Initiatives - The company is advancing the construction of a manufacturing base in Mexico, which is anticipated to enhance the flexibility of its global supply chain and help expand its customer base in North America [2][6]. - The report highlights the company's efforts to optimize its customer structure and secure new contracts in the lightweight automotive sector [2][6]. Valuation Metrics - The company’s current market capitalization is approximately 12.72 billion yuan, with a PE ratio of 17.75 for 2023 and projected to decrease to 14.99 for 2024 [2][6]. - The report notes that the company’s net asset return rate is expected to be 11.4% in 2023, with a slight increase projected for subsequent years [2][6].