公 有色与新材料 司 2024年 4月 30日 报 三美股份(603379.SH) 告 2023年业绩承压，2024Q1量价齐升 推荐（维持） 事项： 公司发布 2023 年年报和 2024 年一季报，2023 年公司实现营收 33.34 亿元， 现价：42.80 元 yoy-30.12%；实现归母净利润2.80亿元，yoy-42.41%；归母扣非净利润2.09亿 元，yoy-53.62%，2023年利润分配预案：每10股派发现金红利2.3元（含税）。 公 主要数据 2024 年一季度，公司实现营收 9.59 亿元，yoy+23.28%；实现归母净利润 1.54 司公 行业 基础化工 亿元，yoy+672.53%；归母扣非净利润1.54亿元，yoy+610.63%。 年司 公司网址 www.sanmeichem.com 平安观点： 报 大股东/持股 胡荣达 / 37.83% 点 点  2023年需求较疲软、供应相对过剩，制冷剂量价承压。2023年国内制冷剂 评 实际控制人 胡荣达,胡淇翔 评 总股本(百万股) 610 在经历 2020-2022 基线年配额竞争的情况下，头部企业大量扩产能，市场 流通A股(百 ...

Financial Performance - The company's operating revenue for Q1 2024 was RMB 958,608,904.06, representing a year-on-year increase of 23.28%[4] - The net profit attributable to shareholders was RMB 154,292,124.48, showing a significant increase of 672.53% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was RMB 154,335,459.55, up by 610.63% year-on-year[4] - The basic earnings per share for the period was RMB 0.25, reflecting a remarkable increase of 733.33%[4] - Total operating revenue for Q1 2024 reached approximately $958.61 million, a 23.2% increase from $777.60 million in Q1 2023[16] - Net profit for Q1 2024 was approximately $154.29 million, compared to $19.97 million in Q1 2023, representing a significant increase of 671.5%[17] - Operating profit for Q1 2024 was approximately $184.40 million, compared to $30.41 million in Q1 2023, marking an increase of 505.5%[16] - Basic earnings per share for Q1 2024 were $0.25, compared to $0.03 in Q1 2023, indicating a substantial increase[17] Cash Flow and Liquidity - The net cash flow from operating activities decreased by 38.47% to RMB 137,126,386.76, primarily due to increased cash payments for goods and services[4] - Cash flow from operating activities for Q1 2024 was approximately $137.13 million, down 38.3% from $222.85 million in Q1 2023[19] - The company reported a net cash inflow from operating activities of approximately $864.26 million in Q1 2024, compared to $782.22 million in Q1 2023, an increase of 10.5%[19] - The net increase in cash and cash equivalents was $13.46 million, a decrease from $140.19 million in the prior period, showing reduced liquidity growth[20] - The cash and cash equivalents balance at the end of the period was $3.14 billion, down from $3.62 billion at the end of the previous period[20] Assets and Liabilities - Total assets at the end of the reporting period were RMB 6,815,521,170.61, a slight increase of 1.29% from the end of the previous year[4] - The company's total current assets reached CNY 4,304,652,239.16, slightly up from CNY 4,283,018,207.32, indicating a growth of about 0.50%[12][14] - Accounts receivable increased significantly to CNY 352,531,664.72 from CNY 278,715,885.77, marking a rise of approximately 26.4%[12] - Inventory decreased to CNY 465,049,860.75 from CNY 543,350,663.45, reflecting a decline of about 14.4%[12] - The total liabilities of the company decreased to CNY 740,149,594.40 from CNY 836,468,902.28, a reduction of approximately 11.5%[14] - The company's equity attributable to shareholders increased to RMB 6,075,371,576.21, up by 3.10% from the previous year[5] - The company's equity attributable to shareholders rose to CNY 6,075,371,576.21 from CNY 5,892,485,705.60, an increase of about 3.1%[14] - The company reported a decrease in short-term borrowings, with current liabilities totaling CNY 724,433,824.10, down from CNY 820,146,814.33, a decline of approximately 11.6%[14] Expenses and Costs - Research and development expenses increased to approximately $15.44 million in Q1 2024, up from $8.82 million in Q1 2023, reflecting a 75.5% increase[16] - Total operating costs for Q1 2024 were approximately $774.75 million, a slight increase of 3.0% from $752.33 million in Q1 2023[16] - Tax expenses for Q1 2024 amounted to approximately $28.98 million, compared to $6.14 million in Q1 2023, reflecting a 372.5% increase[16] Non-Recurring Items - The company reported non-recurring gains and losses totaling RMB -43,335.07 for the period, primarily due to various factors including government subsidies and asset disposal losses[6] Financial Reporting and Governance - The report was issued by the board of directors on April 30, 2024, confirming the financial results for the first quarter of 2024[20] - The company did not apply new accounting standards or interpretations for the first time in 2024, maintaining consistency in financial reporting[20]

证券代码：603379 证券简称：三美股份 公告编号：2024-021 浙江三美化工股份有限公司（以下简称"公司"）根据《上海证券交易所上 市公司自律监管指引第 3 号——行业信息披露》（第十三号——化工）有关规定， 将公司 2024 年第一季度主要经营数据披露如下： 一、2024 年第一季度主要产品的产量、销量及收入实现情况 | 主要产品 | 产量(吨) | 外销量(吨) | 营业收入 （万元人民币） | | --- | --- | --- | --- | | 氟制冷剂 | 41,094.98 | 32,292.14 | 76,949.04 | | 氟发泡剂 | 3,515.17 | 2,215.97 | 3,609.47 | | 氟化氢 | 32,899.07 | 18,286.19 | 13,658.64 | | 合计 | 77,509.22 | 52,794.30 | 94,217.15 | 注：公司产品外销量低于产量主要是部分产品内供作为下游产品原料使用所致。 二、主要产品和原材料的价格变动情况 （一）主要产品价格变动情况 单位：元/吨（不含税） 浙江三美化工股份有限公司 2024 年第一季度主要经 ...

| 主要产品 | 产量(吨) | 外销量(吨) | 营业收入 （万元人民币） | | --- | --- | --- | --- | | 氟制冷剂 | 156,530.37 | 123,392.47 | 250,856.05 | | 氟发泡剂 | 20,001.27 | 8,848.42 | 18,518.59 | | 氟化氢 | 132,113.19 | 75,256.46 | 56,749.36 | | 合计 | 308,644.83 | 207,497.35 | 326,124.00 | 注：公司产品外销量低于产量主要是部分产品内供作为下游产品原料使用所致。 二、主要产品和原材料的价格变动情况 （一）主要产品价格变动情况 证券代码：603379 证券简称：三美股份 公告编号：2024-020 浙江三美化工股份有限公司 2023 年度主要经营数据公告 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。 浙江三美化工股份有限公司（以下简称"公司"）根据《上海证券交易所上 市公司自律监管指引第 3 号——行业信息披露》（第十三号— ...

浙江三美化工股份有限公司 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法律责任。 重要内容提示： 浙江三美化工股份有限公司（以下简称"公司"）于 2024 年 4 月 30 日发布公 司《2023 年年度报告》和《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 2023 年度和 2024 年第一季度经营成果、财务状况，公司计划于 2024 年 5 月 13 日下午 13:00-14:00 举行 2023 年度暨 2024 年第一季度业绩说明 会，就投资者关心的问题进行交流。 一、说明会类型 本次投资者说明会以网络互动形式召开，公司将针对 2023 年度和 2024 年第 一季度的经营成果及财务指标的具体情况与投资者进行互动交流和沟通，在信息 披露允许的范围内就投资者普遍关注的问题进行回答。 证券代码：603379 证券简称：三美股份 公告编号：2024-036 3、会议召开方式：上证路演中心网络互动 三、参加人员 董事长兼总经理胡淇翔先生、董事会秘书胡宇超女 ...

Financial Performance - The company's operating revenue for 2022 was CNY 4,770,651,347.95, representing a decrease of 30.12% compared to the previous year[16]. - The net profit attributable to shareholders for 2022 was CNY 485,573,196.04, down 42.41% year-on-year[16]. - The net profit attributable to shareholders after deducting non-recurring gains and losses decreased by 53.62% to CNY 451,100,135.38[16]. - The net cash flow from operating activities decreased by 23.05% to CNY 628,726,701.65, primarily due to a reduction in cash received from sales[18]. - The net assets attributable to shareholders increased by 3.20% to CNY 5,709,667,982.73 as of the end of 2022[16]. - Total assets increased by 4.65% to CNY 6,429,774,730.84 compared to the end of 2021[16]. - Basic earnings per share for 2023 were CNY 0.46, a decrease of 42.50% from CNY 0.80 in 2022[17]. - The weighted average return on net assets decreased by 4.01 percentage points to 4.83% in 2023[17]. - The company achieved operating revenue of CNY 333,378.82 million in 2023, a year-on-year decrease of 30.12%[24]. - The net profit attributable to shareholders was CNY 27,964.48 million, down 42.41% year-on-year[24]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 20,923.13 million, a decline of 53.62% year-on-year[24]. Dividend Distribution - The company plans to distribute a cash dividend of 2.30 CNY per 10 shares (including tax), totaling approximately 140.41 million CNY based on the adjusted share count of 610,463,837 shares[2]. - The company has committed to maintaining the distribution ratio per share in case of any changes in total share capital before the dividend distribution date[2]. - The cash dividend represents 50.21% of the net profit attributable to ordinary shareholders in the consolidated financial statements, which was ¥279,644,841.86[156]. - The total cash dividend amount for the year is ¥140,406,682.51, which is fully accounted for in the profit distribution plan[156]. - The company has established a profit distribution policy that prioritizes cash dividends, with a minimum of 20% of the net profit allocated for dividends when conditions are met[151]. Risk Management - The company has outlined potential risks in its future development, which are detailed in the management discussion section of the report[4]. - The company emphasizes the importance of risk awareness regarding forward-looking statements made in the report[3]. - The company has confirmed that there are no non-operating fund occupations by controlling shareholders or related parties[3]. - There are no violations of decision-making procedures regarding external guarantees[4]. - The company has not faced any issues with a majority of directors being unable to ensure the authenticity and completeness of the annual report[4]. Production and Sales - The sales volume of refrigerants decreased by 16.75% to 156,530.37 tons, while the sales volume of fluorinated hydrogen fell by 3.55% to 132,113.19 tons[25]. - The average selling price of refrigerants dropped by 21.18% to CNY 20,329.93 per ton[27]. - The company is actively developing new customers and expanding sales channels despite industry challenges[24]. - The production of room air conditioners reached 24.487 million units, a year-on-year increase of 13.5%[29]. - The production of household refrigerators was 9.6323 million units, reflecting a year-on-year growth of 14.5%[29]. - The production of household freezers increased to 2.5965 million units, up 16.7% year-on-year[29]. - The automotive production in China reached 30.113 million units, marking a 9.3% year-on-year increase[29]. Environmental Compliance - The company has implemented safety and environmental management measures to mitigate risks and enhance employee safety awareness[24]. - The company has established comprehensive emergency response plans for environmental incidents, including specific plans for hazardous chemical accidents and flood prevention[170]. - The company has set up a standardized hazardous waste storage facility to manage waste generated from production processes[172]. - The company adheres to environmental monitoring regulations, including monitoring of waste gas, wastewater, and noise emissions[171]. - The company has received environmental impact assessment approvals for projects including an annual production of 90,000 tons of anhydrous hydrogen fluoride and 10,000 tons of trifluoroethane[169]. Research and Development - The company has invested in 32 R&D projects focusing on optimizing production processes and developing new products, including environmentally friendly refrigerants and fine chemicals[82]. - The company holds 120 authorized patents, including 58 invention patents and 62 utility model patents, with 17 pending patent applications, all of which are invention patents[82]. - The company is collaborating with universities on projects aimed at developing new environmentally friendly refrigerants and improving existing products[82]. - Research and development expenses increased by 38.49% to ¥53,058,156.83, reflecting increased investment in R&D projects[45]. Governance and Management - The company held 2 shareholder meetings and 6 board meetings during the reporting period, ensuring compliance with governance regulations and maintaining shareholder rights[121][122]. - The board of directors consists of 9 members, including 3 independent directors, and has established specialized committees to enhance decision-making processes and reduce operational risks[122]. - The company has a robust performance evaluation system for senior management, linking compensation to performance and ensuring alignment with company growth[122]. - The company emphasizes environmental protection and social responsibility, investing in clean production and community support initiatives[123]. - The company has a strong management team with extensive experience in various sectors, including real estate and finance[129]. Market Trends and Regulations - The EU F-gas regulation mandates that companies must apply for quotas to market HFCs, with a reduction schedule set from 2015 to 2030, aiming for a 79% reduction by 2030[72]. - The Kigali Amendment to the Montreal Protocol, effective from January 1, 2019, outlines a phased reduction of HFCs, targeting a 70% reduction by 2029 and an 85% reduction by 2047[73]. - The Chinese government has prohibited the production of certain ozone-depleting substances, including HCFC-141b, for specific products since January 1, 2019[74]. - The National Development and Reform Commission has launched a Green and Efficient Refrigeration Action Plan, promoting low GWP refrigerants and stricter regulations on HFCs[75]. Social Responsibility - The company invested a total of 220,000 CNY in poverty alleviation and rural revitalization projects, benefiting 1,201 individuals[181]. - The total investment in social responsibility initiatives amounted to 4.21 million, benefiting 6,205 individuals through various charitable projects[176]. - The company has been recognized for its contributions to social welfare, including the establishment of charitable funds for education and disaster relief[180].

关于以集中竞价交易方式回购公司股份的进展公告 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： 回购方案的实施情况：截至 2024 年 3 月末，浙江三美化工股份有限公司（以 下简称"公司"）已累计回购股份 15,200 股，占公司总股本的比例为 0.0025%， 回购成交的最高价为 33.58 元/股，最低价为 32.48 元/股，已支付的总金额为人民 币 502,003.00 元（不含交易费用）。 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，现将公司截至 2024 年 3 月末的回购进展情况 公告如下： 证券代码：603379 证券简称：三美股份 公告编号：2024-019 浙江三美化工股份有限公司 一、回购股份的基本情况 公司于 2023 年 12 月 31 日召开第六届董事会第九次会议和第六届监事会第 八次会议，审议通过了《关于以集中竞价交易方式回购公司股份的方案》，同意 公司使用自有资金以集中竞价交易方式回购公司 A 股股份用于员工持股计划及/ 或 ...

证券代码：603379 证券简称：三美股份 公告编号：2024-015 表决结果：同意 9 票，反对 0 票，弃权 0 票。 二、审议通过《关于使用闲置募集资金进行现金管理的议案》。 内容详见 2024 年 3 月 24 日公司在上海证券交易所网站 www.sse.com.cn 以 及 2024 年 3 月 25 日在《上海证券报》披露的《浙江三美化工股份有限公司关于 使用闲置募集资金进行现金管理的公告》。 浙江三美化工股份有限公司 第六届董事会第十次会议决议公告 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。 浙江三美化工股份有限公司（以下简称"公司"）于 2024 年 3 月 24 日以现 场结合通讯表决方式在公司会议室召开第六届董事会第十次会议。会议通知已于 2024 年 3 月 18 日以书面、电子邮件等方式向全体董事发出。本次会议应出席董 事 9 人，实际出席董事 9 人。本次会议由董事长胡淇翔主持，部分高管列席会议。 本次会议召开符合《公司法》和《公司章程》的有关规定。 经与会董事审议，本次会议以投票表决的方式审议 ...

浙江三美化工股份有限公司 会计师事务所选聘制度 （2024 年 3 月） 第一章 总则 第一条 为规范浙江三美化工股份有限公司（以下简称"公司"）聘任会计师 事务所的工作，切实维护股东利益，提高财务信息质量，根据《中华人民共和国 公司法》《中华人民共和国证券法》《国有企业、上市公司选聘会计师事务所管理 办法》等有关法律法规和规范性文件以及《浙江三美化工股份有限公司章程》（以 下简称"《公司章程》"）的有关规定，并结合公司实际情况，制定本制度。 第二条 本制度所称聘任会计师事务所，是指根据相关法律法规要求，聘任 （含选聘、续聘、改聘）会计师事务所对财务会计报告发表审计意见、出具审计 报告的行为。 公司聘任会计师事务所从事除财务会计报告审计之外的其他法定审计业务 的，可以参照本制度执行。 第三条 公司聘用或解聘会计师事务所，应当由董事会审计委员会（以下简 称"审计委员会"）审议同意后，提交董事会审议，并由股东大会决定。 第二章 会计师事务所执业要求 第四条 公司选聘的会计师事务所应当具备下列条件： （一）具有独立的主体资格，具备国家行业主管部门和中国证券监督管理委 员会规定的开展期货相关业务所需的执业资格和条件； ...

长江证券承销保荐有限公司 关于浙江三美化工股份有限公司 使用闲置募集资金进行现金管理的核查意见 长江证券承销保荐有限公司（以下简称"长江保荐"或"保荐机构"）作为 浙江三美化工股份有限公司（以下简称"三美股份"或"公司"）首次公开发行 股票并上市的保荐机构，根据《证券发行上市保荐业务管理办法》《上海证券交 易所股票上市规则》《上海证券交易所上市公司自律监管指引第 1 号——规范运 作》《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》 等相关法律法规的要求，对三美股份使用闲置募集资金进行现金管理的事项进行 了审慎核查，具体核查情况如下： 一、募集资金的基本情况 经中国证券监督管理委员会《《关于核准浙江三美化工股份有限公司首次公开 发行股票的批复》（证监许可[2019]327 号）核准，公司于 2019 年 3 月首次公开 发行人民币普通股（A 股）股票 59,733,761 股，发行价格每股人民币 32.43 元， 募集资金总额 193,716.59 万元，扣除发行费用后募集资金净额 181,289.60 万元。 募集资金到位情况已经立信会计师事务所《（特殊普通合伙）审验并出具信会师报 字 ...