内部控制审计报告 芜湖伯特利汽车安全系统股份有限公司 容诚审字[2024]230Z0361 号 容诚会计师事务所(特殊普通合伙) 【RSM】容 诚 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://a.gef.get.cn）" 进行 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（bttp://a 报告编码:.京242NY08H r any of the same with 内部控制审计报告 容诚审字[2024]230Z0361 号 芜湖伯特利汽车安全系统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 们审计了芜湖伯特利汽车安全系统股份有限公司(以下简称"伯特利公司")2023 年 12 月 31 日的财务报告内部控制的有效性。 四、财务报告内部控制审计意见 我们认为，伯特利公司于 2023 年 12 月 31 日按照《企业内部控制基本规范》 和相关规定在所有重大方面保持了有效的财务报告内部控制。 (此页无正文,为伯特利公司容诚审字[2024]230Z0361 号报告之签字盖章页。) 一、企业对内部控制的责任 按照《企 ...

Financial Performance - The company's operating revenue for 2023 reached RMB 7,473,782,728.86, representing a year-on-year increase of 34.93% compared to RMB 5,539,148,624.29 in 2022[18]. - The net profit attributable to shareholders for 2023 was RMB 891,498,095.42, an increase of 27.57% from RMB 698,807,302.55 in the previous year[18]. - The net profit after deducting non-recurring gains and losses was RMB 855,380,834.43, reflecting a growth of 36.78% compared to RMB 625,369,022.93 in 2022[18]. - The net cash flow from operating activities for 2023 was RMB 678,333,087.54, a decrease of 13.54% from RMB 784,535,594.52 in the previous year[18]. - As of the end of 2023, the net assets attributable to shareholders amounted to RMB 5,677,110,911.48, up 34.83% from RMB 4,210,704,022.35 at the end of 2022[18]. - The total assets of the company reached RMB 10,746,748,183.98, which is a 24.29% increase from RMB 8,646,310,214.44 in 2022[18]. - The weighted average return on net assets increased to 18.9%, up 0.79 percentage points from the previous year[22]. - The basic earnings per share rose to 2.15 RMB, reflecting a year-on-year increase of 25.73%[22]. Dividend and Capital Management - The company plans to distribute a cash dividend of RMB 3.40 per 10 shares, totaling approximately RMB 147,300,147.90, which accounts for 16.52% of the net profit attributable to shareholders for 2023[5]. - The company intends to increase its capital reserve by 4 shares for every 10 shares held by shareholders[5]. - The cumulative cash dividend distributed over the last three years must not be less than 30% of the average annual distributable profit, with a minimum of 10% of the current year's distributable profit allocated as cash dividends[115]. - The company repurchased 1,000,086 shares for a total of approximately 73.3 million RMB in 2022, which, along with the cash dividend, amounts to 213 million RMB, or 30.49% of the net profit for that year[115]. Research and Development - The company has invested in research and development, completing the design and performance testing of the WCBS1.5 technology platform[31]. - The company has completed the R&D of the WCBS2.0 brake system with redundancy features and has developed the first sample of the EMB A wheel, which was completed in August 2023[74]. - The company has a total of 1,278 technical personnel among its employees, indicating a strong focus on technical expertise[110]. - The company is committed to continuous innovation in product development, including low-drag brake calipers and low-jump brake products to reduce vehicle energy consumption[73]. Market Position and Strategy - The company has established long-term strategic partnerships with major domestic automakers, enhancing its market position[41]. - The company is positioned to benefit from the ongoing development of the intelligent automotive sector, which is expected to accelerate with advancements in technology and policy support[36]. - The company aims to enhance its R&D investment in new products and technologies, focusing on the industrialization of the next-generation line control braking system (WCBS2.0) and electric brake (EMB) systems[71]. - The company is actively pursuing mergers and acquisitions in the intelligent chassis and intelligent driving sectors to enrich its product and technology portfolio[71]. Production Capacity and Operations - The company has added a total of 50,000 sets/year EPB caliper assembly capacity, 35,000 sets/year WCBS valve body machining capacity, and 60,000 sets/year AC6 actuator assembly capacity by December 2023[32]. - The company has also increased its production capacity with 75,000 sets/year caliper body machining capacity, 27,000 sets/year fixed caliper assembly capacity, and 42,000 sets/year bracket machining capacity[32]. - The company is expanding its production capacity in Mexico, with a phase one project that has a capacity of 4 million lightweight components per year, which commenced production by the end of Q3 2023[71]. - The company has initiated a project to invest in the construction of an annual production capacity of 5.5 million aluminum steering knuckles in Mexico[105]. Risk Management - There are no significant risks that could materially affect the company's operations during the reporting period[8]. - The company faces risks from raw material price fluctuations, as direct materials constitute a significant portion of its production costs[76]. - The company has a strong quality assurance capability, with no major quality issues reported in its brake system products, but faces risks related to potential recalls due to defects[78]. Governance and Compliance - The company maintained a strict governance structure in compliance with relevant laws and regulations, ensuring effective internal control systems[80]. - The company has not faced any penalties from securities regulatory agencies in the past three years[97]. - The company has established a comprehensive internal control system to ensure compliance, asset security, and the accuracy of financial reporting[124]. - The company’s governance layer is responsible for overseeing the financial reporting process[200]. Environmental and Social Responsibility - The company has committed to reducing carbon emissions by utilizing solar energy and electric forklifts in its operations[135]. - The company has implemented pollution prevention facilities, including exhaust gas and wastewater treatment systems, to meet emission standards[129]. - The company invested 3.699 million yuan in environmental protection funds during the reporting period[127]. Shareholder Information - The total number of shares held by the chairman and general manager, Yuan Yongbin, remained unchanged at 79,003,100 shares, with a pre-tax remuneration of 1.6 million yuan for the reporting period[86]. - The company has scheduled three shareholder meetings in 2023, with the first held on February 23, the second on October 16, and the third on December 5[84]. - The total number of shares expected for the 2023 dividend distribution is approximately 433,235,729 shares[116]. - The company has a commitment to maintain a minimum selling price for shares at or above the IPO price during the two years following the lock-up period[188].

Investment Rating - The investment rating for the company is "Buy - A" with a target price of 77.7 CNY for the next six months [3][5]. Core Views - The company's performance in 2023 met expectations, with total revenue reaching 7.47 billion CNY, a year-on-year increase of 34.9%, and a net profit of 890 million CNY, up 27.6% year-on-year. The company plans to issue convertible bonds to enhance production capacity [1][5]. - The growth in the smart electronic control segment significantly contributed to the company's rapid expansion, with sales of smart electronic control products increasing by 48.93% year-on-year [1][5]. - The company is expanding its production capacity, particularly in the line control braking systems and lightweight components, with new production lines and facilities coming online [2][5]. Summary by Sections Financial Performance - In 2023, the company achieved total revenue of 7.47 billion CNY, a 34.9% increase from the previous year, and a net profit of 890 million CNY, reflecting a 27.6% year-on-year growth. The adjusted net profit after excluding non-recurring items was 856 million CNY, up 36.78% year-on-year [1][5]. - The gross margin for 2023 was 22.57%, slightly up by 0.13 percentage points year-on-year, while the net profit margin for Q4 was 12.5%, an increase of 0.6 percentage points year-on-year [1][6]. Business Segments - The smart electronic control segment saw sales of approximately 3.72 million units in 2023, a 48.93% increase, driven by the ramp-up of line control braking products [1][2]. - The lightweight segment achieved sales of about 10.19 million units, up 31.32%, primarily due to the production commencement of the Mexican factory in Q3 [1][2]. - The disc brake segment sold 2.847 million units, reflecting a 26.55% increase year-on-year [1]. Future Outlook - The company is set to enhance its production capacity through the issuance of convertible bonds, which will add 1 million units of line control braking capacity [2][5]. - The next-generation line control braking system, WCBS 2.0, is expected to meet L3 level autonomous driving safety requirements and is projected to enter mass production in the first half of 2024 [2][5]. - The Mexican factory's production is expected to significantly boost the lightweight segment's capacity, with plans for further expansion in the coming years [2][5].

伯特利（603596.SH）系列点评三 业绩符合预期 智能电动齐驱 2024年03月28日 [T able_Author] 分析师：崔琰 执业证号：S0100523110002 邮箱：cuiyan@mszq.com ➢ 事件：公司披露2023年报：2023年实现营收74.7亿元，同比+34.9%， 推荐 维持评级 归母净利润8.9亿元，同比+27.6%，扣非归母净利润8.6亿元，同比+45.4%； 当前价格： 54.66元 其中2023Q4实现营收23.7亿元，同比+27.7%，环比+17.8%；归母净利润3.0 亿元，同比+34.5%，环比+24.0%；扣非归母净利润3.1亿元，同比+65.7%， 环比+45.1%。 相关研究 1.伯特利（603596.SH）深度报告：线控底盘 ➢ 经营业绩稳健 利润率相对平稳。公司 2023 年营收同比+34.9%，其中 破局者 全球化进程加速-2024/02/27 2023Q4营收同比+27.7%、环比+17.8%；我们判断同环比增长主要系公司持续 2.伯特利（603596.SH）系列点评二：业绩超 开拓更多国内外客户并建立战略合作关系，新定点项目及量产项目较快增长，新 ...

芜湖伯特利汽车安全系统股份有限公司 2023 年度董事会审计委员会履职情况报告 芜湖伯特利汽车安全系统股份有限公司 2023 年度董事会审计委员会履职情况报告 根据中国证监会《上市公司治理准则》、《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》、《芜湖伯特利汽 车安全系统股份有限公司章程》（以下简称"公司章程"）及《董事会审计委员会实 施细则》等制度的有关规定，公司董事会审计委员会（以下简称"审计委员会"）本 着勤勉尽责的原则，认真履行职责，现就 2023 年度审计委员会工作情况向董事会 作如下报告： 一、审计委员会的基本情况 公司第三届董事会审计委员会由独立董事马黎珺女士、独立董事蒋琪先生及董 事王渊先生三名成员组成，主任委员由具有专业财务经验的独立董事马黎珺女士担 任。 二、审计委员会会议召开情况 2023 年度，公司共召开 7 次审计委员会会议，具体会议情况如下： （一）2023 年 2 月 7 日召开第三届董事会审计委员会 2023 年第一次会议，会 议审议了《关于公司前次募集资金使用情况报告的议案》、《关于公司发行 GDR 募 集资金使用计划的议案》、《 ...

RSM 容诚 审计报告 | 序号 | 容 | 页码 | | --- | --- | --- | | 1 | 审计报告 | 1-6 | | 2 | 合并资产负债表 | 7-8 | | 3 | 合并利润表 | 9 | | 4 | 合并现金流量表 | 10 | | 5 | 合并所有者权益变动表 | 11-12 | | 6 | 母公司资产负债表 | 13-14 | | 7 | 母公司利润表 | ાર . | | 8 | 母公司现金流量表 | 16 | | 9 | 母公司所有者权益变动表 | 17-18 | | 10 | 财务报表附注 | 19-129 | 审计报告 芜湖伯特利汽车安全系统股份有限公司 容诚审字[2024]230Z0360 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://acc.m6.gov.cn）"进行查验 " 目 录 容诚审字[2024]230Z0360 号 芜湖伯特利汽车安全系统股份有限公司全体股东: 一、审计意见 我们审计了芜湖伯特利汽车安全系统股份有限公司(以下简称伯特利)财务 报表,包括2023年12月31日的合并 ...

证券代码：603596 证券简称：伯特利 公告编号：2024-027 芜湖伯特利汽车安全系统股份有限公司 关于 2023 年度募集资金存放与实际使用情况 （一）募集资金管理制度情况 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》 以及《上海证券交易所上市公司募集资金管理办法》的规定，遵循规范、安全、高 效、透明的原则，公司制定了《芜湖伯特利汽车安全系统股份有限公司募集资金管 理办法》，对募集资金的存储、审批、使用、管理与监督做出了明确的规定，以在 制度上保证募集资金的规范使用。 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个别及连带 责任。 根据上海证券交易所《上海证券交易所上市公司自律监管指引第 1 号——规范 运作》和《上海证券交易所上市公司自律监管指南第 1 号——公告格式》的规定， 将芜湖伯特利汽车安全系统股份有限公司（以下简称本公司或公司）2023 年度募集 资金存放与使用情况报告如下： 一、募集资金基本情况 （一）实际募集资金金额及资金到账时间 经中国证券监督管理委员会（以下简称"中国 ...

芜湖伯特利汽车安全系统股份有限公司审计委员会 关于第三届董事会第二十七次会议有关事项的书面审核意见 芜湖伯特利汽车安全系统股份有限公司 审计委员会关于第三届董事会第二十七次会议有关事项的 书面审核意见 芜湖伯特利汽车安全系统股份有限公司（以下称"公司"）董事会审计委员会根据《上 海证券交易所上市公司自律监管指引第 5 号——交易与关联交易》、《公司章程》、《关联 交易管理办法》等有关规定，对公司第三届董事会第二十七次会议审议的《关于公司 2024 年度日常关联交易执行情况及增加预计公司 2024 年度日常关联交易预案的议案》、《关 于续聘容诚会计师事务所（特殊普通合伙）为公司 2024 年度审计机构和内控审计机构 的议案》等事项发表书面审核意见如下： 我们听取了公司相关人员对上述议案的介绍，并经充分讨论认为： 1、 针对《关于公司 2023 年度日常关联交易执行情况及增加预计公司 2024 年度日 常关联交易预案的议案》的审核意见； 综上，我们同意审议通过《关于公司 2023 年度日常关联交易执行情况及增加预计 公司 2024 年度日常关联交易预案的议案》、《关于续聘容诚会计师事务所（特殊普通合 伙）为公司 ...

证券代码：603596 证券简称：伯特利 公告编号：2024-032 芜湖伯特利汽车安全系统股份有限公司 关于公司及子公司开展期货套期保值业务的公告 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： 交易目的：为避免原材料价格波动带来的影响，公司及子公司拟开展原材料期 货套期保值业务，通过套期保值的避险机制减少因原材料价格波动造成的产品成本波 动，保证产品成本的相对稳定，进而维护公司正常生产经营活动。 交易品种及场所：只限于上海期货交易所交易的铝材期货品种 交易金额：期货保证金金额不超过人民币 2,400 万元 已履行的审议程序：公司第三届董事会第二十七次会议审议通过，本次交易额 度在董事会审批权限内，无需提交公司股东大会审议。 特别风险提示：公司及子公司进行期货套期保值业务以对现货保值为目的，主 要为有效规避原材料及产品价格波动对公司带来的不利影响，但同时也会存在价格风 险、政策风险、流动性风险、技术风险等：敬请广大投资者注意投资风险。 一、交易情况概述 （一）交易目的 根据公司生产经营情况，公司生产所 ...

证券代码：603596 证券简称：伯特利 公告编号：2024-030 芜湖伯特利汽车安全系统股份有限公司 关于 2024 年度预计申请授信额度的公告 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。 协议及办理授信额度使用事宜等。此项授权在董事会审议通过之日起 12 个月之内 有效。 特此公告。 芜湖伯特利汽车安全系统股份有限公司 董 事 会 一、本次申请授信额度的基本情况 2024 年 3 月 26 日，芜湖伯特利汽车安全系统股份有限公司（以下简称"公司"） 第三届董事会第二十七次会议审议并通过了《关于 2024 年度银行授信额度的议案》。 具体情况如下： 根据公司资金预算及资金安全的需要，公司（含子公司）拟在 2024 年度内向银 行等金融机构申请总额不超过 280,000 万元人民币的综合授信额度，其中借款总额 不超过 70,000 万元人民币，以随时满足公司未来经营发展的融资要求。此授信额 度将根据实际情况各银行等金融机构共同使用，授信期限内，授信额度由公司、全 资子公司及控股子公司共同滚动使用，可以循环使用。授 ...