证券代码：603319 证券简称：美湖股份 公告编号：2025-053 2025 年 5 月 14 日 湖南美湖智造股份有限公司（以下简称"公司"）于 2024 年 7 月 26 日使用 闲置募集资金向兴业银行股份有限公司购买了金额为 6,000.00 万元的理财产品 （七天通知存款），具体内容详见公司于 2024 年 7 月 30 日披露于上海证券交易 所网站（www.sse.com.cn）的《关于使用部分闲置募集资金进行现金管理进展的 公告》（公告编号：2024-062）。上述理财产品于 2025 年 5 月 13 日赎回本金 6,000.00 万元，实现收益 48.50 万元。 二、截至本公告日，公司最近十二个月使用募集资金委托理财的 情况 单位：万元 | 序号 | 理财产品类型 | 实际投入金额 | 实际收回本金 | 实际收益 | 尚未收回本金金额 | | --- | --- | --- | --- | --- | --- | | 1 | 券商理财产品 | 5,000.00 | 5,000.00 | 37.19 | - | | 2 | 券商理财产品 | 3,000.00 | 3,000.00 | 10 ...

Investment Rating - The industry investment rating is maintained as "Positive" [2] Core Insights - The report emphasizes two main investment lines: leading companies in niche segments and those well-positioned in the robotics sector [2] - The automotive industry is experiencing a shift towards new energy vehicles (NEVs), with significant growth in sales and technological advancements [8][10] - The report highlights the importance of strategic partnerships and technological innovation in enhancing market competitiveness [22][24] Summary by Relevant Sections Overview of the Automotive Industry - In Q1 2025, the Chinese automotive market is characterized by a dominance of new energy vehicles, with NEV sales reaching 3.07 million units [8] - The penetration rate of new energy vehicles is projected to reach 53% in H1 2024 [10] Leading Companies in Niche Segments - **BAIC Blue Valley**: Achieved 130.6 billion yuan in NEV revenue in 2024, with a 26.4% year-on-year growth [13] - **Jianghuai Automobile**: NEV sales increased by 25.08% in 2024, with a total of 51,809 units sold [16] - **Changan Automobile**: Sold 735,000 NEVs in 2024, marking a 52.8% increase [18] - **Geely Automobile**: NEV sales reached 888,000 units in 2024, a 92% increase, with NEV revenue accounting for 41% of total revenue [20] - **BYD**: NEV sales grew over 40% in 2024, maintaining its position as the top seller in China and globally [22] Key Component Manufacturers - **Top Group**: Reported a revenue of 26.6 billion yuan in 2024, with a 35% year-on-year increase [24] - **Fuyao Glass**: Achieved 39.25 billion yuan in revenue in 2024, a growth of 18.4% [26] - **Haoneng Co.**: Revenue reached 2.36 billion yuan in 2024, with a 21.3% increase [28] - **Longsheng Technology**: Revenue of 2.4 billion yuan in 2024, a 31.2% increase [30] - **Zhejiang Rongtai**: Reported a revenue of 1.135 billion yuan in 2024, with a 42% increase [32] Robotics Sector Developments - **Songyan Power**: Launched the humanoid robot N2, which won second place in a marathon event [6] - **Beijing Humanoid Robot Innovation Center**: Developed the "Tiangong Ultra" robot, which won a marathon [6] - **Kepler**: Introduced the K2 "Bumblebee" robot, showcasing its industrial application capabilities [6] - **Yushu**: Collaborated with Great Wall Motors to enhance robot technology and smart manufacturing [6]

湖南美湖智造股份有限公司 603319 2024 年年度股东大会 会议资料 召开时间：2025 年 5 月 16 日 14 时 30 分 为了维护全体股东的合法权益，确保股东大会的正常秩序和议事效率根据 《公司法》《证券法》《上海证券交易所股票上市规则》《上市公司治理准则》以 及《公司章程》《股东大会议事规则》等相关法律、法规、规范性文件和公司内 部规章制度，制定本须知，请出席股东大会的全体人员自觉遵守。 1、为能及时统计出席会议的股东（股东代理人）所代表的持股总数，做好 会务接待工作，希望拟参加本次股东大会现场会议的各位股东配合公司做好登记 工作，并请登记出席股东大会的各位股东准时出席会议。 2、为保障大会秩序、提高大会效率、保护公司和股东的合法权益，除出席 会议的股东（或股东授权代表），公司董事、监事、高级管理人员、公司聘任律 师及董事会邀请的人员和相关工作人员外，公司有权拒绝其他人员进入本次股东 大会现场。 3、出席会议的股东（或股东代理人），依法享有发言权、表决权等各项权利， 并履行法定义务和遵守相关规则。股东要求在本次股东大会上发言的，应当在办 理会议登记手续时提出。股东临时要求发言的，应举手示意， ...

Core Viewpoint - The company has reported its quarterly financial results, ensuring the accuracy and completeness of the information provided, and has made adjustments to previous financial data due to changes in the scope of consolidation [1][2]. Financial Data Summary - The financial statements for the first quarter of 2025 have not been audited [1]. - The company has made retrospective adjustments to its financial data for the first quarter of 2024 due to changes in the scope of consolidation [1]. - The net profit of the merged entity before consolidation was reported as -815,256.89 yuan, compared to -617,444.78 yuan in the previous period [7]. Shareholder Information - The company has not reported any changes in the top ten shareholders or the status of shares lent out for margin trading [3][4]. Other Important Information - The company plans to invest approximately 700 million yuan in the "Meihu Intelligent Manufacturing Western Production and R&D Base Project" in Chongqing, with an initial investment of 200 million yuan [5]. - The project aims to establish multiple production lines with significant annual capacities for various products, including variable displacement pumps and electronic pumps [5]. - The company has signed a share transfer agreement to acquire 69,120 shares (1.25% of total equity) in NUWA Robotics Corp., which focuses on the development and production of various types of robots [6]. - The company is actively developing new products, including electronic oil pumps and hybrid engine oil pumps, targeting several automotive manufacturers [6].

Financial Performance - The company's operating revenue for Q1 2025 was CNY 523,741,296.15, representing a 12.61% increase compared to CNY 465,097,127.38 in the same period last year[4] - Net profit attributable to shareholders for the same period was CNY 54,393,637.03, up 21.43% from CNY 45,200,782.92 year-on-year[4] - The net profit after deducting non-recurring gains and losses increased by 48.04%, reaching CNY 52,117,409.62 compared to CNY 35,612,315.29 in the previous year[4] - The basic and diluted earnings per share were both CNY 0.24, a 9.09% increase from CNY 0.22 in the same period last year[5] - Net profit for Q1 2025 was ¥54,805,394.05, representing a 23.5% increase from ¥44,385,513.33 in Q1 2024[24] - The net profit attributable to the parent company for Q1 2025 was ¥54,393,637.03, an increase from ¥44,793,635.91 in Q1 2024, representing a growth of approximately 21.5%[25] Cash Flow - The net cash flow from operating activities surged by 802.10%, amounting to CNY 85,170,746.28, compared to CNY 10,805,207.05 in the same period last year[4] - The company reported a significant increase in cash flow from operating activities due to a rise in bill acceptance and a decrease in cash payments for purchases[9] - Cash flow from operating activities for Q1 2025 was ¥85,170,746.28, significantly higher than ¥9,441,428.42 in Q1 2024, marking an increase of over 800%[28] - The total cash outflow from operating activities in Q1 2025 was ¥249,928,982.32, down from ¥322,116,947.21 in Q1 2024, indicating a reduction of approximately 22.4%[28] Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,981,451,599.04, reflecting a 2.91% increase from CNY 3,866,808,217.01 at the end of the previous year[5] - The company's total assets as of March 31, 2025, amounted to ¥3,981,451,599.04, compared to ¥3,868,935,299.89 at the end of 2024, indicating a growth of 2.9%[20] - The company's total liabilities decreased to ¥1,547,717,705.59 from ¥1,771,389,681.70, a reduction of 12.6%[20] - Current assets totaled ¥2,246,086,633.08 as of March 31, 2025, an increase from ¥2,165,810,077.67 at the end of 2024, marking a rise of 3.7%[20] Shareholder Information - The total number of common shareholders at the end of the reporting period is 25,886[11] - The largest shareholder, Xu Zhongqiu, holds 40,803,236 shares, accounting for 17.00% of total shares[11] - Shareholders' equity attributable to the parent company increased by 16.04%, reaching CNY 2,412,121,407.14 compared to CNY 2,084,727,632.25 at the end of the previous year[5] - The equity attributable to shareholders increased to ¥2,412,121,407.14 as of March 31, 2025, up from ¥2,078,729,315.75 at the end of 2024, reflecting a growth of 16.0%[20] Investment and Development - The company plans to invest approximately RMB 700 million in the "Meihu Intelligent Manufacturing Western Production and R&D Base Project," with an initial investment of RMB 200 million[14] - The project will include three production lines for variable displacement pumps with an annual capacity of 1.5 million sets and one electronic pump production line with an annual capacity of 450,000 sets[14] - The company signed a share transfer agreement to acquire 69,120 shares (1.25% of total equity) in NUWA Robotics Corp.[15] - New product development focuses on electronic oil pumps and hybrid engine oil pumps for various automotive manufacturers[15] - Research and development expenses for Q1 2025 were ¥31,783,830.09, slightly higher than ¥30,945,150.23 in Q1 2024, indicating a focus on innovation[24] Financial Expenses - The company reported a financial expense of ¥8,877,063.21 in Q1 2025, compared to ¥5,891,862.53 in Q1 2024, highlighting increased borrowing costs[24] - The company raised ¥191,000,000.00 through borrowings in Q1 2025, compared to ¥407,090,000.00 in Q1 2024, reflecting a decrease of about 53%[29] - The company experienced a net cash outflow from financing activities of ¥22,355,653.20 in Q1 2025, contrasting with a net inflow of ¥61,831,026.21 in Q1 2024[29]

[Table_Title] 证券研究报告 / 公司点评报告 经营短期承压，机器人进展顺利 事件： [Table_Summary] 公司发布 2024 年年度报告。2024 年实现营业收入 19.77 亿元，同比增 长 3.65%，归母净利润 1.66 亿元，同比下滑 23.48%，扣非归母净利润 1.47 亿元，同比下滑 26.96%。其中，2024Q4 实现营收 4.98 亿元，同 比下滑 9.25 %，归母净利润 0.22 亿元，同比下滑 66.01 %，扣非归母净 利润 0.18 亿元，同比下滑 68.33%。 收入和盈利短期承压，静待改善。收入端，公司 2024 年稳定增长，分 业务来看，柴油机机油泵/汽油机机油泵/电机/变速箱泵/新能源车用零 部件实现营收 6.02/3.34/1.58/1.58/4.63 亿元，同比增长-0.23% / -4.90%/ +18.96%/-12.13%/+17.37%，实现销量 241.50/ 240.80/ 312.77/ 146.11/ 354.50 万台，同比+4.58%/-6.45%/+13.11%/+1.48%/+9.64%。盈利端， 公司盈利增速慢于收入端 ...

湖南美湖智造股份有限公司 2024年度募集资金存放与实际使用情况的专项报告 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。 根据中国证监会发布的《上市公司监管指引第 2 号——上市公司募集资金管理和使用的 监管要求》和上海证券交易所发布的《上海证券交易所上市公司自律监管指引第 1 号——规 范运作》等有关规定，湖南美湖智造股份有限公司（以下简称"公司"或"本公司"或"美 湖股份"）董事会编制了截至 2024 年 12 月 31 日止的《关于公司募集资金年度存放与实际使 用情况的专项报告》。 证券代码：603319 证券简称：美湖股份 公告编号：2025-048 一、募集资金基本情况 （一）实际募集资金金额和资金到账时间 1、非公开发行股票募集资金 经中国证券监督管理委员会证监许可〔2020〕1862 号文核准，并经上海证券交易所同 意，本公司由主承销商国金证券股份有限公司采用非公开发行方式，向特定对象非公开发行 人民币普通股（A 股）股票 10,218,854 股，发行价为每股人民币 35.96 元，共计募集资金 36,747 ...

关于确认公司董事、监事及高级管理人员 2024年度薪酬的公告 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。 证券代码：603319 证券简称：美湖股份 公告编号：2025-047 湖南美湖智造股份有限公司 湖南美湖智造股份有限公司（以下简称"公司"）根据《章程》、公司薪酬考 核方案等相关制度，现对公司董事、监事及高级管理人员 2024 年度薪酬发放情 况进行确认。 一、2024 年度董事、高级管理人员薪酬发放情况 | 颜丽娟 | | 董事、副总经理 | 71.00 | 全年 | | --- | --- | --- | --- | --- | | 周兵 | | 独立董事 | 6.00 | 全年 | | PAN JAN | WEI | 独立董事 | 6.00 | 全年 | | 邱阳 | | 独立董事 | 6.00 | 全年 | | | | 合计 | 222.15 | | 2、2024 年度高级管理人员（不含兼职董事）薪酬发放情况 公司于 2025 年 4 月 24 日召开第十一届董事会第十九次会议审议通过《关于 确认公司董事及高 ...

公司代码：603319 公司简称：美湖股份 湖南美湖智造股份有限公司 2024年度内部控制评价报告 湖南美湖智造股份有限公司全体股东： 根据《企业内部控制基本规范》及其配套指引的规定和其他内部控制监管要求（以下简称企业内部 控制规范体系），结合本公司（以下简称公司）内部控制制度和评价办法，在内部控制日常监督和专项 监督的基础上，我们对公司2024年12月31日（内部控制评价报告基准日）的内部控制有效性进行了评价。 一. 重要声明 按照企业内部控制规范体系的规定，建立健全和有效实施内部控制，评价其有效性，并如实披露内 部控制评价报告是公司董事会的责任。监事会对董事会建立和实施内部控制进行监督。经理层负责组织 领导企业内部控制的日常运行。公司董事会、监事会及董事、监事、高级管理人员保证本报告内容不存 在任何虚假记载、误导性陈述或重大遗漏，并对报告内容的真实性、准确性和完整性承担个别及连带法 律责任。 公司内部控制的目标是合理保证经营管理合法合规、资产安全、财务报告及相关信息真实完整，提 高经营效率和效果，促进实现发展战略。由于内部控制存在的固有局限性，故仅能为实现上述目标提供 合理保证。此外，由于情况的变化可能导 ...

为办理上述有关融资事宜，特授予董事长权限如下： 1、授权公司董事长根据业务开展需要在前述额度内分割、调整向各银行及 其他金融机构申请的融资额度，决定融资的具体条件（如合作金融机构、利率、 期限等）并签署相关合同和其他相关法律文件。 证券代码：603319 证券简称：美湖股份 公告编号：2025-041 湖南美湖智造股份有限公司 关于公司2025年度向相关金融机构融资的公告 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。 湖南美湖智造股份有限公司（以下简称"公司"）第十一届董事会第十九次 会议审议通过《关于公司 2025 年度向相关金融机构融资的议案》，相关内容如下： 根据公司2024年度的经营情况，考虑公司2025年度正常经营所需资金需求， 公司及下属子公司 2025 年度拟向银行及其他金融机构新增融资总额不超过 10 亿元，包括但不限于向银行申请贷款、银行承兑汇票开立、保函、开立信用证、 应收账款保理、供应链金融、短期融资券、中期票据、融资租赁等各项信贷业务。 本融资事项需提交公司 2024 年年度股东大会审议。 特此公告。 ...