| 证券代码：603529 | 证券简称：爱玛科技 | 公告编号：2024-084 | | --- | --- | --- | | 转债代码：113666 | 转债简称：爱玛转债 | | 爱玛科技集团股份有限公司 重要内容提示： 本次会议是否有否决议案：无 一、会议召开和出席情况 (一)股东大会召开的时间：2024 年 9 月 9 日 (二)股东大会召开的地点：天津市和平区大沽北路 2 号环球金融中心 22 层 会议室 (三)出席会议的普通股股东和恢复表决权的优先股股东及其持有股份情况： | 1、出席会议的股东和代理人人数 | 180 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 605,467,112 | | 3、出席会议的股东所持有表决权股份数占公司有表决权股份总数的比例（%） | 70.3243 | (四)表决方式是否符合《公司法》及《公司章程》的规定，大会主持情况等。 2024 年第三次临时股东大会决议公告 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。 本次会议由董事会召集， ...

北京海润天睿律师事务所 关于爱玛科技集团股份有限公司 2024 年第三次临时股东大会的法律意见书 中国·北京 朝阳区建外大街甲14号广播大厦5层、9层、10层、13层、17层 邮政编码：100022 电话：010-65219696 传真：010-88381869 二〇二四年九月 北京海润天睿律师事务所 北京海润天睿律师事务所（以下简称"本所"）接受爱玛科技集团股份有 限公司（以下简称"公司"）的委托，指派杨雪律师、王佩琳律师出席公司 2024 年第三次临时股东大会，并依据《中华人民共和国公司法》（以下简称"《公司 法》"）、《上市公司股东大会规则》（以下简称"《股东大会规则》"）等相 关法律、法规、规范性文件及《爱玛科技集团股份有限公司章程》（以下简称"《公 司章程》"）的规定，就公司本次股东大会的召集、召开程序、出席会议人员的 资格、召集人资格、会议的表决程序和表决结果等有关事宜出具本法律意见书。 一、本次股东大会的召集、召开程序 1、经本所律师审查，2024 年 8 月 22 日，公司经第五届董事会第二十六次 会议作出了召开 2024 年第三次临时股东大会的决议，并以公告形式向全体股东 发出了召开股东大会 ...

2024 年 08 月 26 日 公司研究 评级：买入(维持) | --- | --- | |--------------|----------------------| | 研究所： | | | 证券分析师： | 杨仁文S0350521120001 | | | yangrw@ghzq.com.cn | | 证券分析师： | 袁冠S0350524050001 | | | yuang@ghzq.com.cn | 最近一年走势 相对沪深 300 表现 2024/08/23 表现 1M 3M 12M 爱玛科技 10.2% -17.8% 9.7% 沪深 300 -3.3% -8.6% -10.0% 市场数据 2024/08/23 当前价格（元） 28.37 52 周价格区间（元） 23.61-38.38 总市值（百万） 24,446.85 流通市值（百万） 23,906.04 总股本（万股） 86,171.48 流通股本（万股） 84,265.22 日均成交额（百万） 378.22 近一月换手（%） 0.60 相关报告 向复苏，公司竞争力强化（买入）*摩托车及其他* 杨仁文》——2024-04-17 品结构，量价利三 ...

爱玛科技集团股份有限公司 2024 年第三次临时股东大会 会议材料 爱玛科技集团股份有限公司 2024 年第三次临时股东大会会议材料 2024 年 9 月 9 日 爱玛科技 603529 1 爱玛科技集团股份有限公司 2024 年第三次临时股东大会 会议材料 目 录 2 爱玛科技集团股份有限公司 2024 年第三次临时股东大会 会议材料 爱玛科技集团股份有限公司 2024 年第三次临时股东大会会议须知 为了维护爱玛科技集团股份有限公司（以下简称"爱玛科技"或"公司"）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，保证大会的顺利进行， 根据中国证监会《上市公司股东大会规则》和《公司章程》《股东大会议事规则》 等相关法规和规定，特制定本须知，望全体股东及其他有关人员严格遵守： 一、为保证本次大会正常进行，除出席现场会议的股东及股东代表、董事、监 事、高级管理人员、公司聘请的律师及公司董事会认可的人员以外，公司有权拒绝 其他人士入场。股东进入会场后，请自觉关闭手机或调至振动状态。谢绝个人录音、 拍照及录像。请勿在会场内大声喧哗。对于干扰大会秩序、寻衅滋事和侵犯股东合 法权益的行为，公司有权予以制止并报告有 ...

爱玛科技集团股份有限公司（以下简称"公司"或"爱玛科技"）于 2024 年 8 月 26 日(星期一)上午 10:00-11:30 通过上海证券交易所上证路演中心（网址： https://roadshow.sseinfo.com/）召开了公司 2024 年半年度业绩说明会，现将有 关事项公告如下： 一、业绩说明会召开情况 关于 2024 年半年度业绩说明会召开情况的公告 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：603529 | 证券简称：爱玛科技 | 公告编号：2024-081 | | --- | --- | --- | | 转债代码：113666 | 转债简称：爱玛转债 | | 爱玛科技集团股份有限公司 答：2024 年上半年，公司拟向全体股东每股派发现金红利 0.332 元（含税）。 截至 2024 年 8 月 21 日，公司总股本 861,714,848 股，扣减公司回购专用账户中 的 750,524 股后的基数为 860,964,324 股,以此计算本次拟派发现金红利 2.86 亿 元（含税），占 ...

汽车/摩托车及其他 公 司 研 究 爱玛科技（603529.SH） 2024 年 08 月 23 日 2024Q2 单车盈利超预期，看好全年业绩弹性表现 ——公司信息更新报告 投资评级：买入（维持） | --- | --- | --- | |--------------------------|--------------------------|--------------------------| | 吕明（分析师） | 周嘉乐（分析师） | 骆扬（联系人） | | lvming@kysec.cn | zhoujiale@kysec.cn | luoyang@kysec.cn | | 证书编号：S0790520030002 | 证书编号：S0790522030002 | 证书编号：S0790122120029 | | --- | --- | |--------------------|-------------| | 日期 | 2024/8/23 | | 当前股价(元) | 28.37 | | 一年最高最低(元) | 38.38/23.61 | | 总市值(亿元) | 244.47 | | 流通市值(亿元 ...

本报告仅供 Choice 东方财富 使用，请勿传阅。 998345838 公司快报 2024 年 08 月 23 日 爱玛科技(603529.SH) 量价齐升，Q2 单季度收入增速环比改善 事件：爱玛科技发布 2024 年中报，公司 2024 年上半年实现收 入 105.9 亿元，YoY+3.7%，实现归母净利润 9.5 亿元，YoY+6.2%； 经折算，公司 Q2 单季度实现收入 56.4 亿元，YoY+18.1%，实现归 母净利润 4.7 亿元，YoY+12.1%。随着国检影响逐步退去，公司产 品结构持续优化，Q2 收入增速环比 Q1 改善明显。 2024Q2 收入增速环比提升：爱玛 2024Q2 收入增速环比 Q1+27pct。我们认为主要因为：1）上年同期收入基数较低，2023Q2 公司收入受行业价格竞争影响有所下滑；2）公司产品持续升级， ASP 提升；3）国检影响有所减弱，终端动销逐步恢复。展望后续， 公司下半年收入基数仍然较低，收入有望维持较快增长。此外， 行业集中度有望在新的标准及政策下逐步提升，爱玛科技作为行 业头部企业有望受益。 产品结构持续上行，Q2 毛利率同比提升：爱玛 Q2 单季度毛 ...

Investment Rating - Buy rating maintained for the company [1] Core Views - The company's Q2 2024 revenue exceeded consensus expectations, with a mid-term dividend payout ratio of 30% [1] - Q2 2024 revenue reached 5.64 billion yuan (+18.1% YoY), with net profit attributable to shareholders of 470 million yuan (+12.1% YoY) [1] - H1 2024 revenue was 10.59 billion yuan (+3.7% YoY), with net profit attributable to shareholders of 950 million yuan (+6.2% YoY) [1] - The company announced a mid-year dividend of 0.3 yuan per share, representing a 30% payout ratio [1] - Q2 revenue outperformed expectations, driven by both volume and price increases, with ASP rising by 120 yuan to 2005 yuan (+6% YoY) [1] - Overseas revenue in H1 2024 reached 120 million yuan (+41% YoY), accounting for 1% of total revenue, with Southeast Asia being a key growth area [1] - The company is expected to achieve its 20% revenue and net profit CAGR target under the equity incentive plan [1] Financial Performance - Q2 2024 gross margin increased by 2.3 percentage points YoY, while sales/management/R&D/financial expense ratios rose by 0.9/0.6/0.3/0.9 percentage points respectively [1] - Excluding equity incentive costs, Q2 net profit margin increased by 0.4 percentage points YoY [1] - The company is expected to achieve revenue of 23.6/27.2/30.5 billion yuan in 2024-2026, with net profit attributable to shareholders of 2.2/2.7/3.2 billion yuan [1] - EPS is forecasted to be 2.20/2.56/3.08/3.67 yuan for 2024-2026, with P/E ratios of 11.38/10.27/8.55/7.18x [2] - ROE is expected to be 23.7%/22.1%/20.9% for 2024-2026 [2] Industry and Company Outlook - The industry is benefiting from the "New National Standard" and "Replacement of Old Vehicles" policies, which are expected to boost demand and further consolidate market share for leading companies [1] - The company's performance is expected to be more elastic due to the low base effect, with potential catalysts from policy support and market consolidation [1] - The company's overseas expansion, particularly in Southeast Asia, is seen as a new growth driver [1] Financial Projections - Revenue is projected to grow by 12.1%/15.3%/12.4% in 2024-2026, reaching 23.6/27.2/30.5 billion yuan [2] - Net profit attributable to shareholders is expected to grow by 17.4%/20.1%/19.2% in 2024-2026, reaching 2.2/2.7/3.2 billion yuan [2] - Gross margin is forecasted to improve to 17.7%/17.8%/17.8% in 2024-2026 [2] - Operating cash flow is expected to increase significantly, reaching 4.5/4.8/5.3 billion yuan in 2024-2026 [3]

Dividend Distribution - The company plans to distribute a cash dividend of 0.332 CNY per share, totaling approximately 285.84 million CNY, which represents 30.07% of the net profit attributable to shareholders for the first half of 2024[4]. - The total share capital for the dividend distribution is based on 860,964,324 shares after deducting 750,524 shares held in the repurchase account[4]. - The company has not disclosed any significant changes in its total share capital or repurchase account shares that would affect the dividend distribution[4]. - The company plans to submit the profit distribution proposal to the third extraordinary general meeting of shareholders in 2024 for approval[56]. Financial Performance - The company's operating revenue for the first half of 2024 reached ¥10,590,926,475.10, representing a 3.66% increase compared to ¥10,216,579,420.33 in the same period last year[14]. - Net profit attributable to shareholders was ¥950,627,860.77, up 6.24% from ¥894,789,993.19 in the previous year[14]. - The net cash flow from operating activities was ¥1,159,662,667.39, showing a significant recovery from a negative cash flow of -¥361,986,474.74 in the previous year[15]. - Total assets increased to ¥21,419,285,558.94, a growth of 7.67% from ¥19,892,813,618.33 at the end of the previous year[15]. - The net assets attributable to shareholders rose to ¥8,333,162,205.86, reflecting an 8.05% increase from ¥7,712,038,217.61[15]. - Basic earnings per share for the first half of 2024 were ¥1.12, a 7.69% increase from ¥1.04 in the same period last year[15]. - The diluted earnings per share were ¥1.07, up 3.88% from ¥1.03 in the previous year[15]. - The weighted average return on equity decreased to 11.65%, down 0.64 percentage points from 12.29% in the previous year[15]. Operational Risks and Management - The board of directors has confirmed that there are no significant risks affecting the company's operations during the reporting period[6]. - The report emphasizes that the financial report is guaranteed to be true, accurate, and complete by the company's management[3]. - The company has outlined potential risks in its operations, which are detailed in the report[6]. - The company has not faced any non-operational fund occupation by controlling shareholders or related parties during the reporting period[5]. - The report does not indicate any violations of decision-making procedures regarding external guarantees[5]. - The report is unaudited, and the management has taken responsibility for its accuracy[3]. Production and Expansion - The company is expanding its production bases, including projects in Guigang, Lishui, and Chongqing, to enhance manufacturing capacity[12]. - The company has established eight production bases across various provinces, with new bases in Chongqing, Taizhou, Lishui, Guigang, Fengxian, and Lanzhou under development, and a new base in Southeast Asia being planned[19]. - The company plans to invest in new production bases in Fengxian and Lanzhou to expand its electric tricycle product coverage and enhance capacity in the northwest region[32]. - The company is advancing the construction of its Southeast Asia production base to support international expansion efforts[32]. Research and Development - The company has a dedicated R&D team focusing on core technologies and smart upgrades, including vehicle networking and intelligent hardware[18]. - The company has achieved significant progress in battery technology research and development during the reporting period[31]. - The company focuses on advanced production technology, utilizing automated equipment to enhance production efficiency and product quality[21]. - The company emphasizes R&D and product innovation to meet evolving consumer demands for stylish, intelligent, and connected electric vehicles[49]. Marketing and Sales Strategy - The company has built a nationwide offline sales network, leveraging brand influence to expand dealer channels and achieve rapid growth in the electric two-wheeler market[22]. - The company has developed a multi-platform online sales system, including major e-commerce platforms, enhancing customer experience and facilitating new customer acquisition[22]. - The company has implemented a new retail strategy through platforms like Douyin and Kuaishou, effectively converting online traffic to sales[30]. - The company has received multiple awards for its innovative marketing strategies, including the Tiger Roar Marketing Gold Award and the Fashion Leading Enterprise Award at the 2023 International Science and Technology Innovation Festival[23]. Environmental and Social Responsibility - The company emphasizes green and high-quality development, integrating sustainable practices into all operations[68]. - The company has established emergency response plans for environmental incidents, with drills conducted annually to enhance preparedness[64]. - The company actively participates in social responsibility initiatives, including cash donations to support poverty alleviation in Tibet and Gansu[69]. - Multiple subsidiaries have achieved environmental management system certification, enhancing the company's commitment to environmental protection[68]. Financial Management and Investments - The company has implemented a cost management system that enhances efficiency across all operational processes, resulting in a strong cost competitive advantage[24]. - The company plans to maintain a stable supply of key components by investing in and integrating global supply chain resources[52]. - The company aims to mitigate the impact of raw material price fluctuations through centralized procurement and digital supply chain upgrades[52]. - The company has cumulatively invested 168,613.90 million RMB from the proceeds of its initial public offering, achieving an investment progress of 100.31%[88]. Shareholder and Corporate Governance - The company has committed to not transferring or managing shares for 36 months post-IPO, ensuring stability in shareholding[73]. - The company will propose a share buyback plan within 5 trading days after the conditions for initiating the stabilization measures are met, including the number of shares to be bought back and the price range[76]. - The company guarantees that the share buyback price will not exceed the latest audited net asset value per share from the previous fiscal year[76]. - The controlling shareholders will ensure that no funds or business transactions occur between the company and enterprises they control that could harm the interests of the company and its shareholders[77]. Related Party Transactions - The company has committed to avoiding related party transactions that could harm its interests, ensuring all transactions are conducted at fair market prices[79]. - The company has engaged in related transactions with Tianjin Jiemai Electric Technology for labor services amounting to RMB 200 million in 2024[81]. - The company has reported a total guarantee amount of 213,805,637.30 RMB, which accounts for 2.57% of the company's net assets[86]. - The company has not disclosed any significant related party transactions during the reporting period[84]. Accounting and Financial Reporting - The company follows a control-based approach for consolidating financial statements, including all subsidiaries[150]. - The company recognizes goodwill when the acquisition cost exceeds the fair value of identifiable net assets acquired in a business combination[149]. - The company has not reported any significant changes in its accounting policies or estimates related to financial instruments in the current reporting period[157]. - The company recognizes cash dividends from investees as investment income in the current period[162].

| 证券代码：603529 | 证券简称：爱玛科技 | 公告编号：2024-074 | | --- | --- | --- | | 转债代码：113666 | 转债简称：爱玛转债 | | 爱玛科技集团股份有限公司 2024 年半年度募集资金存放与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《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》 《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，现将 爱玛科技集团股份有限公司（以下简称"公司"或"爱玛科技"）2024年半年度募 集资金存放与使用情况专项说明如下： 一、募集资金基本情况 （一）募集资金到位情况 1、2021 年首次公开发行股票 经中国证券监督管理委员会（以下简称"中国证监会"）《关于核准爱玛科技集 团股份有限公司首次公开发行股票的批复》（证监许可〔2021〕1775 号文）的核准， 爱玛科技公开发行人民币普通股（A 股）6,500 万股，股票面值为人民币 1.00 元， 发行价格为每股人民币 27.86 元， ...