证券代码：603686 证券简称：福龙马 公告编号：2025-013 福龙马集团股份有限公司 关于 2024 年年度利润分配方案的公告 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： 每股分配比例：每股派发现金红利 0.158 元（含税）， 不送股，不进行公积金转增股本。 本次利润分配以实施权益分派股权登记日登记的总 股本为基数，具体日期将在权益分派实施公告中明确。 在实施权益分派的股权登记日前公司总股本发生变 动的，拟维持每股分配金额不变，相应调整分配总额和比例， 公司将另行公告具体调整情况。 公司不触及《上海证券交易所股票上市规则（2024 年 4 月修订）》（以下简称《股票上市规则》）第 9.8.1 条 第一款第（八）项规定的可能被实施其他风险警示的情形。 一、利润分配方案内容 （一）利润分配方案的具体内容 经天健会计师事务所（特殊普通合伙）审计确认，2024 年度公司合并报表口径实现归属于上市公司股东的净利润 为 145,443,767.61 元 ； 2024 年 度 母 公 司 实 现 净 利 ...

Financial Performance - The company's operating revenue for Q1 2025 was CNY 1,164,229,476.95, a decrease of 1.75% compared to CNY 1,184,952,049.59 in the same period last year[7] - Net profit attributable to shareholders was CNY 63,490,270.99, down 2.37% from CNY 65,030,827.77 year-on-year[7] - Total revenue for Q1 2025 was CNY 1,164,229,476.95, a decrease of 1.3% compared to CNY 1,184,952,049.59 in Q1 2024[18] - Operating profit for Q1 2025 increased to CNY 108,988,079.03, compared to CNY 102,883,036.28 in Q1 2024, reflecting a growth of 5.4%[18] - The net profit for the first quarter of 2025 was CNY 82,064,392.17, an increase from CNY 78,529,372.83 in the same period of 2024, representing a growth of approximately 6.4%[19] - The company’s total comprehensive income for Q1 2025 was CNY 82,064,392.17, compared to CNY 78,529,372.83 in Q1 2024, reflecting an increase of approximately 4.4%[19] Cash Flow and Investments - The net cash flow from operating activities improved significantly to CNY 31,732,970.04, compared to a negative cash flow of CNY -131,701,726.26 in the previous year[7] - The net cash flow from operating activities for Q1 2025 was CNY 31,732,970.04, a significant improvement from a net outflow of CNY -131,701,726.26 in Q1 2024[22] - The company reported a net cash outflow from investing activities of CNY -85,458,393.36 in Q1 2025, compared to CNY -385,681,528.28 in Q1 2024, showing a reduction in cash outflow by approximately 77.8%[23] - The cash inflow from financing activities in Q1 2025 was CNY 112,276,212.16, a decrease from CNY 265,464,145.29 in Q1 2024[23] - The company absorbed CNY 1,300,000.00 from minority shareholders in Q1 2025, compared to CNY 800,000.00 in Q1 2024, indicating a 62.5% increase[23] Assets and Liabilities - Total assets at the end of the reporting period were CNY 6,635,049,339.49, a decrease of 1.57% from CNY 6,740,851,548.54 at the end of the previous year[8] - Total assets as of March 31, 2025, were CNY 6,635,049,339.49, down from CNY 6,740,851,548.54 at the end of 2024[15] - Total liabilities decreased to CNY 2,823,901,826.23 from CNY 3,012,397,091.80, a decline of 6.3%[15] - Shareholders' equity increased to CNY 3,811,147,513.26 from CNY 3,728,454,456.74, reflecting a growth of 2.2%[15] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 54,518[10] - The largest shareholder, Zhang Guifeng, holds 18.48% of the shares, with 19,000,000 shares pledged[11] - The company did not report any significant changes in shareholder relationships or actions during the reporting period[12] Operational Metrics - Total operating costs for Q1 2025 were CNY 1,048,552,248.93, down 3.9% from CNY 1,091,532,870.47 in Q1 2024[18] - Research and development expenses for Q1 2025 were CNY 13,849,334.17, down from CNY 17,259,612.81 in Q1 2024, a decrease of 19.0%[18] - Cash and cash equivalents as of March 31, 2025, were CNY 596,757,688.74, down from CNY 673,474,158.84 as of December 31, 2024[13] - Accounts receivable decreased to CNY 2,028,149,604.71 from CNY 2,193,449,437.94, a reduction of approximately 7.5%[13] - Inventory increased to CNY 312,568,749.18 from CNY 300,469,284.62, showing a growth of 4.0%[13] - The basic and diluted earnings per share for Q1 2025 were both CNY 0.15, a decrease from CNY 0.16 in Q1 2024[19] - The company’s operating cash flow outflow was CNY 1,290,536,634.02 in Q1 2025, compared to CNY 1,354,490,086.03 in Q1 2024, showing a decrease of approximately 4.7%[22] Contractual Obligations - The company reported a significant increase in contract liabilities by 79.86%, primarily due to an increase in customer prepayments[9] - The company recorded a 149.63% increase in non-operating income, mainly due to gains from the disposal of non-current assets[9] - The weighted average return on equity was 1.88%, slightly down from 1.94% in the previous year[7]

Financial Performance - The company achieved operating revenue of RMB 5.04 billion in 2024, a decrease of 1.30% compared to the previous year[23]. - Net profit attributable to shareholders was RMB 145.44 million, down 37.43% year-on-year, primarily due to increased bad debt provisions and new sanitation service projects not yet generating profit[25]. - The net cash flow from operating activities decreased by 93.46% to RMB 56.75 million, mainly due to a reduction in received payments[25]. - Basic earnings per share fell by 37.50% to RMB 0.35, reflecting the decline in net profit[24]. - The company’s total assets increased by 10.13% to RMB 6.74 billion at the end of 2024[23]. - The net assets attributable to shareholders rose by 0.76% to RMB 3.34 billion[23]. - The gross profit margin for 2024 was reported at 21.57%[35]. - The environmental industry ecological operation business revenue reached 3.824 billion yuan, with a gross margin of 21.77%[37]. - The intelligent equipment manufacturing business revenue was 1.078 billion yuan in 2024, with a gross margin of 20.80%[39]. - The company’s direct sales model generated 4.80 billion RMB in revenue, with a slight increase of 0.58% year-on-year[92]. Dividend Distribution - The company plans to distribute a cash dividend of 1.58 RMB per 10 shares to all shareholders registered on the equity registration date, based on the total share capital as of that date[8]. - The company has no plans for bonus shares or capital reserve transfers in the current profit distribution proposal[8]. - The company plans to distribute dividends amounting to 45.13% of the net profit attributable to the listed company for 2024, maintaining a high dividend ratio[42]. - The cash dividend for the fiscal year 2023 is set at CNY 0.25 per share, totaling CNY 103,857,601, which represents 45.13% of the net profit attributable to ordinary shareholders[179]. - Over the last three accounting years, the cumulative cash dividend (including tax) amounted to CNY 273,353,205.83, with a cash dividend ratio of 130.53% based on the average annual net profit[184]. Risk Management - There are no significant risk events reported during the reporting period, and potential risks are discussed in the management analysis section[10]. - The company does not have any non-operating fund occupation by controlling shareholders or related parties[10]. - The company has not violated decision-making procedures for external guarantees[10]. - The company emphasizes risk prevention and safety management, enhancing risk awareness through training and case analysis[138]. - The company is addressing operational management risks by strengthening talent development and optimizing management systems to ensure service quality and operational stability[142]. Market Position and Strategy - The company is focusing on a "equipment + service" strategy to enhance market expansion and operational efficiency[35]. - The company maintains a leading position in the industry with its unmanned sanitation technology, showcasing strong development resilience and potential[35]. - The company achieved a market share of 4.27% in the sanitation equipment market, ranking fifth in the industry[39]. - The company is actively expanding into international markets, exporting products to regions such as Hong Kong, Macau, Taiwan, and Southeast Asia[66]. - The company is focusing on the development of smart sanitation equipment and aims to lead the industry in unmanned sanitation technology and products[132]. Research and Development - The company has 590 valid patents, including 118 invention patents, supporting its product performance expansion[103]. - Research and development expenses were 66.54 million RMB, a decrease of 6.35% from the previous year[88]. - The company emphasizes technological innovation and R&D investment to optimize product structure and meet market trends[62]. - The company has established partnerships with national research institutions to lead technical exchanges in sanitation operation mechanisms and standards, enhancing its advisory service capabilities[85]. - The company will continue to invest in R&D and expand into new product areas, particularly in smart and eco-friendly sanitation solutions[134]. Environmental Compliance - The company has established waste gas treatment facilities, wastewater treatment stations, and dust removal systems to ensure compliance with environmental discharge standards[195]. - During the reporting period, all wastewater and waste gas emissions met the standards, and hazardous waste was disposed of in accordance with regulations[196]. - The company has implemented an environmental self-monitoring plan and strictly adheres to relevant regulations and monitoring protocols[199]. - The company is classified as a key pollutant discharge unit in Fujian Province, while its subsidiary is monitored as a key pollutant discharge unit in Guizhou Province[200]. - The company has developed an emergency response plan for environmental incidents, enhancing its ability to manage sudden pollution events[198]. Corporate Governance - The company has improved its governance structure, ensuring clear responsibilities and compliance with regulatory requirements to protect investor interests[149]. - The company is committed to enhancing investor relations and information disclosure, ensuring equal access to information for all shareholders[150]. - The company maintains independence from its controlling shareholders, ensuring autonomous operations and decision-making capabilities[151]. - The company has established a comprehensive internal control management system, ensuring compliance and asset security, which supports the steady implementation of its strategy[188]. - The company has reported no significant deficiencies in its internal control systems during the reporting period[189]. Employee Management - The total number of employees in the parent company is 680, while the total number of employees in major subsidiaries is 49,962, resulting in a combined total of 50,642 employees[171]. - The company has implemented a comprehensive salary system that aligns employee compensation with business development, ensuring timely and full payment of wages and benefits[173]. - The company has established an internal online learning platform, "i Longma Academy," to enhance employee skills and knowledge through various modern training methods[174]. - The company has maintained a zero number of retired employees requiring expense coverage, indicating a stable workforce[171]. - The company has a total of 226 sales personnel across the organization, with 49,282 employees in environmental sanitation service projects nationwide[172].

一、内部控制审计报告…………………………………………第 1—2 页 内部控制审计报告 天健审〔2025〕6607 号 目 录 福龙马集团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 们审计了福龙马集团股份有限公司（以下简称福龙马公司）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》以及《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，并评价其有效性是福龙 马公司董事会的责任。 二、注册会计师的责任 我们的责任是在实施审计工作的基础上，对财务报告内部控制的有效性发表 审计意见，并对注意到的非财务报告内部控制的重大缺陷进行披露。 二〇二五年四月二十七日 第 2 页 共 2 页 内部控制具有固有局限性，存在不能防止和发现错报的可能性。此外，由于 情况的变化可能导致内部控制变得不恰当，或对控制政策和程序遵循的程度降低， 根据内部控制审计结果推测未来内部控制的有效性具有一定风险。 四、财务报告内部控制审计意见 我们认为，福龙马公司于 2024 年 12 月 31 日按照 ...

| | | | 一、审计报告……………………………………………………… 第 | 1—6 页 | | --- | --- | | 二、财务报表……………………………………………………… 第 | 7—14 页 | | （一）合并资产负债表…………………………………………… | 第 7 页 | | （二）母公司资产负债表………………………………………… | 第 8 页 | | （三）合并利润表………………………………………………… | 第 9 页 | | （四）母公司利润表………………………………………………第 | 10 页 | | （五）合并现金流量表……………………………………………第 | 11 页 | | （六）母公司现金流量表…………………………………………第 | 12 页 | | （七）合并所有者权益变动表……………………………………第 | 13 页 | | （八）母公司所有者权益变动表…………………………………第 | 14 页 | | 三、财务报表附注……………………………………………… 第 15—102 | 页 | | 四、附件…………………………………………………………第 103—107 | 页 | ...

关于福龙马集团股份有限公司 非经营性资金占用及其他关联资金往来情况 汇总表的专项审计报告 目 录 一、非经营性资金占用及其他关联资金往来情况的专项 审计说明 … 二、非经营性资金占用及其他关联资金往来情况汇总表……………… 第３页 ူးဖြင့် 您可使用手机"扫一扫"或进入"注册会计师行业统一提否由具有执业许可的会计师事务所出具 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.mof.gov.cn) 进行查验 报告编码:浙25LDP 非经营性资金占用及其他关联资金往来情况的 专项审计说明 天健审〔2025〕6608 号 福龙马集团股份有限公司全体股东: 我们接受委托,审计了福龙马集团股份有限公司(以下简称福龙马公司)2024 年度财务报表,包括2024年12月31日的合并及母公司资产负债表,2024年度 的合并及母公司利润表、合并及母公司现金流量表、合并及母公司所有者权益变 动表,以及财务报表附注,并出具了审计报告。在此基础上,我们审计了后附的 福龙马公司管理层编制的 2024 年度《非经营性资金占用及其他关联资金往来情 况汇总表》(以下简称汇总表)。 一、对报告使用者和使用 ...

福龙马集团股份有限公司 关于 2025 年度向银行等金融机构申请 综合授信额度的公告 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。 重要内容提示： 证券代码：603686 证券简称：福龙马 公告编号：2025-015 同时授权公司及子公司经营层代表公司及子公司与银 行等金融机构签署授信额度内的一切与授信有关（包括但不 限于授信、借款、担保、抵押、质押、融资、金融衍生品等） 的合同、协议、凭证等各项法律文件，授权期限自本年度股 东大会审议通过之日起至下一年度股东大会审议通过之日 止，授信期限内，额度可循环滚动使用。 二、提供担保 公司及子公司拟分别以其拥有的土地、房产、应收账款、 固定资产等对其在上述综合授信或具体授信业务提供相应 的担保，并授权公司及子公司经营层代表公司及子公司签署 有关担保合同等法律文件，授权期限自本年度股东大会审议 通过之日起至下一年度股东大会审议通过之日止。 ●福龙马集团股份有限公司及子公司拟向金融机构申请 总额不超过人民币 65 亿元的综合授信额度。 一、2025 年度银行综合授信情况概述 公 ...

Environmental, Social and Governance（ESG) Report 2024 环境、社会及治理（ESG）报告 用科技和创新打造美好人居环境 福建省龙岩市新罗区东肖镇东华社区龙腾南路42号 No. 42, Longteng South Road, Donghua Community Dongxiao Town, Xinluo District, Longyan City, Fujian Province Tel: 0597-2797188 https://www.fjlm.com.cn Fax:0597-2290612 E-mail：fjlm@fjlm.com.cn 福龙马集团股份有限公司 FULONGMA GROUP CO., LTD. 目 录 Directory 关于本报告 董事长致辞 走进福龙马 业务范围 ESG治理 ESG治理体系 利益相关方沟通 实质性议题 夯实治理 稳健发展 完善治理策略 坚持党建引领 坚持合规运营 筑牢廉洁堡垒 回馈股东关注 推动数字化改革 关于我们 01 43 23 29 01 03 05 11 31 80 33 34 35 37 39 23 25 ...

证券代码：603686 证券简称：福龙马 公告编号：2025-017 福龙马集团股份有限公司 关于 2025 年度继续使用部分闲置自有资金 进行现金管理的公告 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。 福龙马集团股份有限公司（以下简称"公司"）于 2025 年 4 月 27 日召开第六届董事会第十七次会议和第六届监事 会第十三次会议，审议通过了《关于公司 2025 年度继续使 用部分闲置自有资金进行现金管理的议案》。为充分利用母 公司及控股子公司（以下简称"公司及子公司"）闲置自有 资金，提高资金利用效率，增加资金收益，进一步降低公司 的财务成本，在不影响公司主营业务正常发展和确保公司及 子公司日常经营资金需求的前提下，公司决定使用不超过人 民币 10 亿元的闲置自有资金进行现金管理，在额度范围和 决议有效期内，资金可以滚动使用，授权使用期限自本次董 事会审议通过之日起至下一年度董事会审议通过之日止。 一、现金管理的基本情况 （一）投资目的 在不影响公司及子公司主营业务正常发展和确保日常 经营资金需求的前提下，为 ...

Investment Rating - The industry investment rating is "Positive" and is maintained [9] Core Viewpoints - As of April 25, 2025, the issuance of special refinancing bonds for replacing hidden debts has reached 80% of the 2 trillion yuan quota, indicating strong momentum in debt replacement efforts. The environmental sector, particularly in government-related debts, is expected to benefit significantly from this policy shift, which is supported by a more proactive fiscal policy in 2025 [2][4][15] Summary by Sections Background - Since November 2024, local debt replacement has accelerated, with a total of 2 trillion yuan in debt limits set for replacement from 2024 to 2026. The central government has emphasized the need to resolve local government debts and accelerate payments owed to enterprises [4][14] Progress - By April 25, 2025, a total of 1.59 trillion yuan in special refinancing bonds has been issued, all aimed at replacing hidden debts. The issuance has significantly increased compared to previous years, with 2025 showing a marked acceleration in bond issuance [5][25][28] Investment Logic - The debt replacement strategy is expected to provide substantial benefits to companies with receivables from government entities. Two investment strategies are recommended: 1. Value Side: Focus on sectors with large receivables and low risk, such as waste incineration and water operations, which are likely to see reduced bad debt risks and improved cash flow [7][41] 2. Elasticity Side: Target leading companies in water, waste incineration, and environmental services that have a high proportion of government receivables and are significantly impacted by credit impairment losses [7][41]