RSM 容诚 募集资金存放与实际使用情况鉴证报告 八方电气（苏州）股份有限公司 容诚专字|2025|230Z0221 号 容诚会计师事务所(特殊普通合伙) 中国 · 北京 您可使用手机"扫一扫"或进入"注册会计师行业统一监管平台（http://ac.mof.gov.cn）"进行查 您可使用手机"扫一扫"或进入"注册会计师行业统一监管平台（http://ac.mof.gov.cn）"进行查 。 目 录 | 序号 | 容 内 | 页码 | | --- | --- | --- | | 1 | 募集资金存放与实际使用情况鉴证报告 | 1-3 | | 2 | 募集资金存放与实际使用情况的专项报告 | 1-4 | 募集资金存放与实际使用情况鉴证报告 容诚专字[2025]230Z0221 号 八方电气(苏州)股份有限公司全体股东: 我们审核了后附的八方电气(苏州)股份有限公司(以下简称八方股份)董事 会编制的 2024 年度《募集资金存放与实际使用情况的专项报告》。 一、 对报告使用者和使用目的的限定 本鉴证报告仅供八方股份年度报告披露之目的使用,不得用作任何其他目的。 我们同意将本鉴证报告作为八方股份年度报告必备的文件, ...

RSM | 容诚 审计报告 八方电气（苏州）股份有限公司 容诚审字[2025]230Z0332 号 容诚会计师事务所(特殊普通合伙) 中国 · 北京 您可使用手机"扫一扫"或进入"注册会计师行业统一监管平台（http://ac.mof.gov.cn）"进行查 您可使用手机"扫一扫"或进入"注册会计师行业统一监管平台（http://ac.mof.gov.cn）"进行查询 " ⴞ ᖅ | ᒿਧ | ޵ ᇩ | 亥⸱ | | --- | --- | --- | | 1 | ᇑ䇑ᣕ੺ | 1-6 | | 2 | ਸᒦ䍴ӗ䍏٪㺘 | 1 | | 3 | ਸᒦ࡙⏖㺘 | 2 | | 4 | ਸᒦ⧠䠁⍱䟿㺘 | 3 | | 5 | ਸᒦᡰᴹ㘵ᵳ⳺ਈࣘ㺘 | 4-5 | | 6 | ⇽ޜਨ䍴ӗ䍏٪㺘 | 6 | | 7 | ਨޜ⇽ 㺘⏖࡙ | 7 | | 8 | ⇽ޜਨ⧠䠁⍱䟿㺘 | 8 | | 9 | ⇽ޜਨᡰᴹ㘵ᵳ⳺ਈࣘ㺘 | 9-10 | | 10 | 䍒࣑ᣕ㺘䱴⌘ | 11 - 121 | ᇯ䈐Ր䇗ᐾӁࣗᡶδ⢯⇀Ფ䙐ਾՏε ᙱᡶφ्Ӣᐸ㾵ค॰䱒ᡆ䰞ཌཝ㺍 22 ਭ 1 ᒘ 10 ቸ 1001-1 㠩 / 1001-2 ...

内部控制审计报告 八方电气（苏州）股份有限公司 容诚审字|2025|230Z0331 号 容诚会计师事务所(特殊普通合伙) 中国 · 北京 您可使用手机"扫一扫"或进入"注册会计师行业统一监管平台（http://ac.mof.gov.cn）"进行查验 您可使用手机"扫一扫"或进入"注册会计师行业统一监管平台（http://ac.mof.gov.cn）"进行查验 。 RSM | 容 诚 内部控制审计报告 容诚审字[2025]230Z033 八方电气(苏州)股份有限公司全体股东: 按照《企业内部控制审计指引》及中国注册会计师执业准则的相关要求,我 们审计了八方电气(苏州)股份有限公司（以下简称"八方股份"）2024 年 12 月 31 日的财务报告内部控制的有效性。 一、企业对内部控制的责任 按照《企业内部控制基本规范》、《企业内部控制应用指引》、《企业内部 控制评价指引》的规定,建立健全和有效实施内部控制,并评价其有效性是八方 股份董事会的责任。 二、注册会计师的责任 （此页无正文，为八方电气（苏州）股份有限公司容诚审字[2025]230Z0331 号报告之签字盖章页。） 我们的责任是在实施审计工作的基础上,对 ...

Financial Performance - The company's operating revenue for 2024 was approximately ¥1.36 billion, a decrease of 17.66% compared to ¥1.65 billion in 2023[22]. - Net profit attributable to shareholders for 2024 was approximately ¥63.85 million, down 50.06% from ¥127.86 million in 2023[22]. - The net profit after deducting non-recurring gains and losses was approximately ¥41.27 million, a decline of 61.42% compared to ¥106.96 million in 2023[22]. - The net cash flow from operating activities for 2024 was approximately ¥165.98 million, a decrease of 63.79% from ¥458.41 million in 2023[22]. - The total assets at the end of 2024 were approximately ¥3.16 billion, down 5.44% from ¥3.34 billion at the end of 2023[22]. - The net assets attributable to shareholders at the end of 2024 were approximately ¥2.65 billion, a decrease of 3.86% from ¥2.75 billion at the end of 2023[22]. - Basic earnings per share for 2024 were ¥0.27, a decrease of 50.00% compared to ¥0.54 in 2023[23]. - The weighted average return on net assets for 2024 was 2.35%, a decrease of 2.24 percentage points from 4.59% in 2023[23]. Market and Product Development - The company launched the GVT (Gear, Variable, Transmission) technology platform and introduced the G500A automatic five-speed hub, enhancing the riding experience and expanding its product line[33]. - The company filed 37 patent applications and received 35 authorizations in 2024, indicating a strong focus on R&D and innovation[33]. - The company aims to improve customer satisfaction by upgrading service mechanisms and establishing a 24-hour response system, emphasizing quality as a core competitive advantage[34]. - The European e-bike market is expected to recover post-2025, with the industry projected to maintain an upward trend until 2030, despite current challenges[35]. - The U.S. market for e-bikes is anticipated to grow significantly, with an estimated import of 1.7 million electric bicycles in 2024, highlighting the market's potential[36]. - By the end of 2024, China's electric bicycle ownership is projected to reach 400 million units, reflecting strong domestic demand[37]. Operational Efficiency - The company reported a significant increase in cash flow from operating activities in Q2 2024, amounting to approximately ¥49.24 million[25]. - The company’s net profit attributable to shareholders decreased to ¥0.60 million in Q3 2024, indicating challenges in maintaining profitability during that period[25]. - The company is committed to enhancing product performance and quality control as part of its strategic focus for 2025[34]. - The main business revenue from electric bicycle motors was 591.63 million RMB, a decrease of 20.38% compared to the previous year, with a gross margin of 41.30%[55]. - The revenue from battery sales was 135.00 million RMB, with a gross margin of 13.05%, reflecting a decrease of 6.73% in cost[55]. - The company employs a "make-to-order" production model, responding flexibly to customer specifications and order timelines[44]. Research and Development - The company has a strong R&D capability, being one of the few globally to master core technology in torque sensors, with products meeting international advanced standards[42]. - The company plans to continue increasing R&D investment to develop better-performing products based on existing offerings[46]. - Research and development expenses totaled ¥82,186,112.79, representing 6.06% of operating revenue, a decrease of 8.55% from ¥89,868,605.33 in the previous year[63]. Risk Management - The company has outlined potential risks in its report, advising investors to be cautious regarding future plans and strategies[8]. - The company faces risks from changes in international trade environments, particularly in Europe and North America, which could impact its competitive position[84]. - The company is exposed to market competition risks, especially in the electric bicycle system sector, where it competes with established brands like Bosch and Shimano[85]. - The company is at risk of technological obsolescence if its R&D does not align with industry trends and market demands[85]. - The company is vulnerable to fluctuations in raw material prices, such as neodymium and aluminum, which could increase operational costs[85]. Corporate Governance - The board of directors approved the 2023 annual report and financial statements, including profit distribution and capital reserve transfer plans[93]. - The total number of shares held by Chairman Wang Qinghua increased from 68,040,000 to 95,256,000, reflecting a change of 27,216,000 shares due to capital reserve transfer[97]. - Vice Chairman Yu Zhenhua's shareholding rose from 14,536,200 to 20,350,680, with an increase of 5,814,480 shares attributed to capital reserve transfer[97]. - The company has committed to avoiding competition with its controlling shareholders and related entities[93]. - The company has established a salary policy that links compensation to economic performance and aims to maintain competitive salary levels in the industry[119]. Environmental Responsibility - The company invested 40.42 million yuan in environmental protection during the reporting period[137]. - The company has established mechanisms for environmental protection and complies with all relevant regulations regarding waste discharge[138]. - The company reported zero production wastewater, with only domestic sewage treated and discharged into the municipal system[144]. - The company achieved compliance with air pollution discharge standards, including welding and cooking emissions[138]. - The company has implemented a comprehensive waste management strategy, achieving zero solid waste discharge[144]. Shareholder Returns - The company achieved a net profit attributable to ordinary shareholders of RMB 63,845,821.74, with a cash dividend amount of RMB 23,461,797.90, representing 36.75% of the net profit[129]. - The company plans to distribute cash dividends of no less than 20% of the distributable profit each year, with a cumulative cash dividend over the last three years amounting to RMB 430,850,290.90, which is 183.64% of the average annual net profit[131]. - The company has established a cash dividend policy that prioritizes cash distributions, ensuring that at least 20% of the distributable profit is allocated to cash dividends annually[124]. Employee Development - The company conducted over 128 internal and external training sessions, covering 1,967 employee instances, focusing on technical and quality aspects[121]. - The company has recognized 134 individuals in four occupational categories for vocational skills, with 126 obtaining certification and 61 being trained as skilled workers[120]. - The company has a robust training management process, enhancing employee professional skills and career development opportunities[121]. Financial Management - The company has engaged in cash asset management, with a total of RMB 317,360,220 in bank wealth management products and an outstanding balance of RMB 89,858,860[178]. - The company has completed three USD fixed deposits totaling USD 10 million, with interest income of approximately USD 234,200[179]. - The company reported a total of 8,000 million in structured financial products with a guaranteed return of 1.05%[182]. - The company has a projected return of 1.50% on 5,000 million in structured financial products, with a decrease of 25.6% in performance metrics[182].

Financial Performance - The company's operating revenue for Q1 2025 was ¥300,764,124.17, representing a 1.69% increase compared to ¥295,775,274.91 in the same period last year[3]. - Net profit attributable to shareholders increased by 32.11% to ¥21,844,670.32 from ¥16,535,627.48 year-on-year[3]. - Basic and diluted earnings per share rose by 28.57% to ¥0.09 from ¥0.07 in the same period last year[3]. - Operating profit for Q1 2025 was ¥26,133,424.56, up from ¥18,727,238.69 in Q1 2024, marking an increase of 39.5%[18]. - The total comprehensive income for the first quarter of 2025 was CNY 24,807,105.07, compared to CNY 15,160,824.41 in the first quarter of 2024, representing a significant increase[19]. - Net profit for Q1 2025 was ¥21,844,670.32, representing a 32.2% increase compared to ¥16,535,627.48 in Q1 2024[18]. Cash Flow - The net cash flow from operating activities surged to ¥21,218,315.91, a significant increase of 2,134.46% compared to ¥949,595.57 in the previous year[3]. - Cash flow from operating activities for Q1 2025 was CNY 21,218,315.91, a substantial increase from CNY 949,595.57 in Q1 2024[21]. - The company's cash outflows for operating activities in Q1 2025 were CNY 310,343,789.31, compared to CNY 321,801,199.97 in Q1 2024, showing a decrease of approximately 3.5%[21]. - The cash flow from operating activities showed a net outflow of CNY 31.07 million, an improvement from a net outflow of CNY 35.63 million in Q1 2024[28]. Assets and Liabilities - Total assets decreased by 2.33% to ¥3,085,844,240.68 from ¥3,159,602,486.24 at the end of the previous year[4]. - The company's total assets amounted to ¥3,085,844,240.68, down from ¥3,159,602,486.24 in the previous period[13]. - Total liabilities decreased to ¥415,548,988.92 from ¥514,114,339.55, a decline of 19.2%[14]. - The total liabilities as of March 31, 2025, were CNY 162,686,365.50, down from CNY 202,257,722.13 at the end of 2024[23]. Shareholder Equity - The equity attributable to shareholders increased by 0.94% to ¥2,670,295,251.76 compared to ¥2,645,488,146.69 at the end of the previous year[4]. - The company's equity attributable to shareholders increased to ¥2,670,295,251.76 from ¥2,645,488,146.69, a growth of 0.9%[14]. - The total equity of the company reached CNY 2.64 billion, up from CNY 2.60 billion year-over-year[24]. Expenses - The company reported a significant reduction in expenses and an increase in investment income as the main reasons for the profit growth[4]. - Research and development expenses decreased to ¥13,190,933.56 in Q1 2025 from ¥19,674,202.82 in Q1 2024, a reduction of 33.1%[18]. - Research and development expenses in Q1 2025 were CNY 10.95 million, down 30.7% from CNY 15.79 million in Q1 2024[25]. - The company experienced a decrease in sales expenses, which were CNY 7.82 million in Q1 2025, down 41.0% from CNY 13.30 million in Q1 2024[25]. Investment Activities - The company reported cash inflows from investment activities of CNY 774,877,354.49 in Q1 2025, compared to CNY 1,483,271.10 in Q1 2024[21]. - The net cash flow from investment activities for Q1 2025 was CNY 80,936,289.40, a turnaround from a negative cash flow of CNY -97,028,870.84 in Q1 2024[21]. - The company reported a significant increase in investment cash inflow, totaling CNY 774.43 million in Q1 2025 compared to CNY 576.59 million in the previous year[29]. Other Comprehensive Income - Other comprehensive income after tax for Q1 2025 was ¥2,962,434.75, compared to a loss of ¥1,374,803.07 in Q1 2024[18]. - The company's cash and cash equivalents at the end of Q1 2025 were CNY 752,180,251.89, compared to CNY 1,419,754,490.21 at the end of Q1 2024, indicating a decrease of approximately 47.1%[21].

八方股份（603489）公告，2025年第一季度营收为3.01亿元，同比增长1.69%；净利润为2184.47万元， 同比增长32.11%。 ...

Group 1 - The project in Baotou has a land area of 200 acres and aims to produce 52,000 sets of electric motors for new energy vehicles, 32,000 low-speed high-power permanent magnet motors, 1,300 wind turbines, 20,000 tons of castings, and a 100 MWh energy storage system, with a construction timeline of just 9 months from start to production [2] - The rapid construction of the Wolong Electric Drive (Baotou) permanent magnet motor industrial park reflects the city's efforts to optimize approval processes and enhance service efficiency, contributing to Baotou's economic growth [2][3] - Baotou's government has implemented a "storekeeper" service model to facilitate project construction, providing significant convenience in terms of resource guarantees and approval processes [3] Group 2 - The Baotou Ecological Environment Bureau has actively engaged in the approval process for the construction of large-scale wind power gearbox projects, expediting environmental assessments to help projects commence sooner [4] - The Baotou Natural Resources Bureau has successfully streamlined the approval process for new material production projects, enabling rapid issuance of necessary permits and licenses, thus promoting a "land acquisition immediately starts construction" approach [4] - Since March 7, Baotou's municipal data bureau has initiated a special service to address approval challenges for enterprises, significantly reducing the time and cost associated with project approvals [5]

4月11日，国家体育总局公布体育领域国家级"专精特新"小巨人企业名单，八方股份凭借"自行车配件生 产"入选。值得注意的是，2024年八方股份已入选体育领域国家级单项制造业冠军，连续两年获得体育 领域国家级认定，体现出其在体育用品制造细分领域的专业实力。 同日，中国人民银行、国家体育总局等四部门联合发布《关于金融支持体育产业高质量发展的指导意 见》（以下简称《指导意见》）。该意见提出，重点加大对体育用品制造业等领域的金融支持，助力培 育一批细分领域的"专精特新"中小企业、"瞪羚"企业和"隐形冠军"企业，促进体育制造业转型升级。政 策的出台，预计将为八方股份等体育用品制造企业拓宽融资渠道，对企业增加研发投入、开展产能建设 等方面产生积极影响。 八方股份主营电踏车（电动助力车）电机及配套电气系统业务，产品涵盖电机、控制器、传感器、电 池、仪表等电气系统关键部件，业务覆盖国内外市场。作为全球少数掌握力矩传感器核心技术的企业之 一，八方股份产品技术指标达到国际先进水平，在国际市场直接与博世、禧玛诺等企业竞争。 电踏车外观与传统自行车相似，借助电助力优化客户的骑行体验，可以满足通勤、郊游、户外运动等多 元场景需求。当下， ...