苏州纽威阀门股份有限公司（以下简称"公司"）第五届监事会第十一次会议 于 2024 年 04 月 25 日以现场结合通讯表决方式召开，本次会议应到监事 3 名， 实到监事 3 名。会议由监事会主席邹琴女士主持。会议的召开符合有关法律、行 政法规、部门规章、规范性文件和公司章程的规定。 会议审议了以下议案： 一、审议并通过《关于公司 2024 年第一季度报告的议案》； 表决结果：3 票同意，0 票反对，0 票弃权。 具体内容详见上海证券交易所网站：http://www.sse.com.cn。 特此公告。 证券代码：603699 证券简称：纽威股份 公告编号：临 2024-036 苏州纽威阀门股份有限公司 第五届监事会第十一次会议决议的公告 本公司监事会及全体监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。 苏州纽威阀门股份有限公司 监事会 2024 年 04 月 26 日 1 ...

具体内容详见上海证券交易所网站：http://www.sse.com.cn。 第五届董事会第十三次会议决议的公告 证券代码：603699 证券简称：纽威股份 公告编号：临 2024-035 1、 审议并通过《关于公司 2024 年第一季度报告的议案》； 本议案提交董事会审议前，已经过公司第五届董事会审计委员会 2024 年度 第二次会议审议通过，委员一致同意将本议案提交董事会审议。 表决结果：7 票同意，0 票反对，0 票弃权。 苏州纽威阀门股份有限公司 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。 苏州纽威阀门股份有限公司（以下简称"公司"）第五届董事会第十三次会议 于 2024 年 04 月 25 日以现场结合通讯表决方式召开。本次会议应到董事 7 名， 亲自出席会议的董事 7 名。会议由董事长鲁良锋先生主持。会议的召开符合有关 法律、行政法规、部门规章、规范性文件和公司章程的规定。 本次会议经与会董事认真审议，以投票表决方式做出如下决议： 特此公告。 苏州纽威阀门股份有限公司 董事会 2024 年 04 月 26 ...

Financial Performance - Operating revenue for the reporting period reached RMB 1,359,630,107.92, an increase of 24.54% compared to the same period last year[1] - Net profit attributable to shareholders was RMB 196,750,299.59, reflecting a significant increase of 100.45% year-on-year[1] - Net profit attributable to shareholders after deducting non-recurring gains and losses was RMB 193,563,393.28, up by 91.56% compared to the previous year[1] - Basic earnings per share increased to RMB 0.26, representing a 100.00% growth year-on-year[1] - Operating profit for Q1 2024 was RMB 235,166,797.89, compared to RMB 106,010,801.97 in Q1 2023, reflecting a significant increase[26] - The net profit for Q1 2024 was $199,394,203.24, a 102% increase compared to $98,496,304.74 in Q1 2023[47] - The total comprehensive income for Q1 2024 was $197,245,200.67, up from $95,317,449.08 in Q1 2023, reflecting a significant growth[47] - Basic earnings per share for Q1 2024 was 0.26, compared to 0.13 in Q1 2023, indicating a 100% increase[47] - The net profit attributable to shareholders of the parent company for Q1 2024 was $196,750,299.59, compared to $98,152,660.23 in Q1 2023, marking a substantial increase[47] Cash Flow and Liquidity - The net cash flow from operating activities was negative at RMB -103,015,204.72, a decline of 565.91% compared to the same period last year[1] - Cash inflow from operating activities in Q1 2024 was $1,338,517,032.54, an increase from $1,122,715,933.88 in Q1 2023[50] - Cash outflow from operating activities in Q1 2024 totaled $1,441,532,237.26, compared to $1,100,605,242.74 in Q1 2023[50] - The net cash flow from operating activities for Q1 2024 was -$103,015,204.72, a decline from a positive cash flow of $22,110,691.14 in Q1 2023[50] - Cash and cash equivalents at the end of Q1 2024 totaled RMB 1,009,097,988.65, up from RMB 736,242,630.12 at the end of Q1 2023[41] - The company's cash and cash equivalents decreased to RMB 1,027,318,943.28 from RMB 1,168,281,526.29, reflecting a decline of approximately 12.06%[17] Assets and Liabilities - Total assets at the end of the reporting period were RMB 7,864,447,825.70, a slight decrease of 0.18% from the end of the previous year[4] - As of March 31, 2024, the company's total assets amounted to RMB 7,864,447,825.70, a slight decrease from RMB 7,878,593,957.95 as of December 31, 2023[19] - The company's total liabilities as of March 31, 2024, were RMB 4,000,000,000.00, compared to RMB 4,200,000,000.00 previously, indicating a decrease of about 4.76%[19] - Total liabilities decreased to RMB 3,823,857,103.24 in Q1 2024 from RMB 4,054,914,165.53 in Q1 2023[30] - Shareholders' equity attributable to the parent company increased by 5.73% to RMB 3,955,076,773.69[4] - Shareholders' equity increased to RMB 4,040,590,722.46 in Q1 2024, compared to RMB 3,823,679,792.42 in Q1 2023[30] Costs and Expenses - Total operating costs for Q1 2024 were RMB 1,124,680,224.63, up 14.9% from RMB 978,259,293.64 in Q1 2023[26] - Research and development expenses for Q1 2024 were RMB 52,481,978.86, up from RMB 37,242,824.79 in Q1 2023, indicating continued investment in innovation[26] - The company reported a decrease in tax and additional charges to RMB 7,494,205.93 in Q1 2024 from RMB 11,095,284.05 in Q1 2023[26] - The income tax expense for Q1 2024 was $36,000,895.37, compared to $7,540,361.07 in Q1 2023, showing a significant increase[47] Investments and Other Income - The company reported non-recurring gains totaling RMB 3,186,906.31, after accounting for tax and minority interests[6] - Investment income for Q1 2024 was RMB 882,299.39, a recovery from a loss of RMB 1,933,246.22 in Q1 2023[26] - Other comprehensive income after tax for Q1 2024 was -$2,149,002.57, an improvement from -$3,178,855.66 in Q1 2023[47] Inventory and Receivables - Accounts receivable increased to RMB 2,210,793,837.17 from RMB 2,127,377,055.34, representing a growth of about 3.91%[17] - The company's inventory slightly decreased to RMB 2,243,951,113.46 from RMB 2,253,359,455.81, a decline of approximately 0.42%[17]

责令改正违法行为，罚款人民币玖万元整。 二、对公司的影响 以上事项不会对公司经营业绩产生重大不利影响，不会影响公司持续经营。 环保罚款将计入 2024 年当期损益。 证券代码：603699 证券简称：纽威股份 公告编号：临 2024-034 苏州纽威阀门股份有限公司 关于控股子公司受到环保部门处罚的公告 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。 苏州纽威阀门股份有限公司（以下简称"公司"）控股子公司纽威工业材料（苏 州）有限公司（以下简称"纽威工业材料（苏州）"）于近日收到《苏州市生态 环境局行政处罚事先（听证）告知书》（苏环行（听）告字 05〔2024〕第 017 号），现将有关情况公告如下： 一、行政处罚情况 苏州国家高新技术产业开发区（虎丘）生态环境局于 2024 年 2 月 5 日对纽 威工业材料（苏州）进行了现场检查，认为纽威工业材料（苏州）违反了《中华 人民共和国大气污染防治法》第四十五条的规定，已构成产生含挥发性有机物废 气的生产和服务活动未按照规定安装、使用污染防治设施的违法行为。依据该法 第一百零 ...

证券代码：603699 证券简称：纽威股份 公告编号：临 2024-033 苏州纽威阀门股份有限公司 关于控股股东在一致行动人内部协议转让 部分股份完成过户登记的公告 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。 近日，苏州纽威阀门股份有限公司（以下简称"公司"或"本公司"）收到 控股股东陆斌先生发来的中国证券登记结算有限责任公司上海分公司出具的《过 户登记确认书》，陆斌先生通过协议转让方式向北京恒德时代私募基金管理有限 公司—恒德远征金锐 1 号私募证券投资基金（以下简称"恒德远征金锐 1 号私募 证券投资基金"）转让其持有的部分公司股份，相关手续已办理完毕，并取得中 国证券登记结算有限责任公司上海分公司出具的《过户登记确认书》。现将具体 情况公告如下： 本次协议转让事项不存在违反《中华人民共和国公司法》《中华人民共和国 证券法》《上市公司收购管理办法》等相关法律、法规、规范性文件的情形，不 会导致公司控股股东或实际控制人发生变化，不会对公司人员、资产、财务、业 务、机构等方面的独立性产生影响，不会对公司治理结构及持 ...

Investment Rating - The investment rating for the company is "Accumulate" with a target price of 21.66 CNY, up from the previous target of 17.58 CNY [2][5]. Core Views - The company is expected to experience rapid growth in performance due to sustained high demand in downstream industries and successful expansion into new business areas such as renewable energy and nuclear power [2][10]. - The company's valve business revenue reached 5.124 billion CNY in 2023, representing a year-on-year increase of 35.96%, with a gross margin of 31.68% [11]. - The company has made significant breakthroughs in new product development, including high-pressure shut-off valves and large-diameter valves, which have filled gaps in the domestic market [11][12]. Summary by Sections Company Overview - The company has been deeply engaged in the valve industry for over 20 years, with a diversified business layout and strong anti-cyclical capabilities. The domestic substitution trend is enhancing downstream demand, particularly in new energy and nuclear power sectors [2][11]. Financial Performance - In 2023, the company achieved a revenue of 5.544 billion CNY, with a net profit of 722 million CNY, reflecting a year-on-year increase of 54.85% [2][5]. - The earnings per share (EPS) for 2024 is projected to be 1.14 CNY, with further growth expected in subsequent years [2][5]. Market Demand - The traditional downstream sectors, including chemicals and oil extraction, are experiencing improved demand, while new business areas such as LNG and hydrogen energy are rapidly growing due to geopolitical factors [10][11]. - The global renewable energy share is expected to increase from 29% to 35% between 2022 and 2025, driving higher demand for industrial valves [10]. Product Development - The company is committed to continuous innovation and has established R&D centers in multiple countries, with a focus on developing advanced valve technologies [12]. - Recent product breakthroughs include the successful delivery of large-diameter valves and the development of liquid hydrogen valves, which meet world-class performance standards [11][12]. Competitive Position - The company holds approximately 3%-4% market share in a domestic valve market valued at around 95 billion CNY, which is largely dominated by foreign brands [11]. - The company continues to strengthen strategic partnerships with major global energy firms, enhancing its competitive edge in the market [11].

Financial Performance - The company's operating revenue for 2023 reached ¥5,544,461,501.44, representing a 36.59% increase compared to ¥4,059,217,042.09 in 2022[28]. - Net profit attributable to shareholders for 2023 was ¥721,797,065.72, a 54.85% increase from ¥466,116,291.53 in the previous year[28]. - The net profit after deducting non-recurring gains and losses was ¥744,184,939.27, reflecting a 67.85% increase compared to ¥443,370,883.53 in 2022[28]. - The company's total assets as of the end of 2023 amounted to ¥7,878,593,957.95, a 13.03% increase from ¥6,970,346,475.01 at the end of 2022[28]. - The net assets attributable to shareholders increased by 15.05% to ¥3,740,809,747.30 from ¥3,251,389,902.64 in 2022[28]. - Basic earnings per share for 2023 were ¥0.96, up 54.84% from ¥0.62 in 2022[29]. - The net cash flow from operating activities for 2023 was ¥637,004,797.59, a 13.16% increase from ¥562,930,516.54 in 2022[28]. - The company achieved operating revenue of 554,446.15 million RMB, a 36.59% increase from 405,921.70 million RMB in the previous year[100]. - The total profit reached 84,897.18 million RMB, reflecting a growth of 54.77% compared to 54,854.94 million RMB last year[100]. - The net profit attributable to shareholders was 72,179.71 million RMB, up 54.85% from 46,611.63 million RMB in the previous year[100]. Market and Product Development - The company is actively expanding its market presence in both domestic and international energy sectors, focusing on power, marine engineering, and shipbuilding industries[68]. - The company has developed new products including flanges, gearboxes, and tire molds, which have opened up numerous potential markets domestically and internationally[78]. - The company has achieved breakthroughs in high-pressure emergency shut-off ball valves and ultra-high pressure shut-off valves for BDO (butanediol) applications[82][83]. - The company received approval for the design and manufacturing licenses for civil nuclear safety equipment, enhancing its capabilities in the nuclear power sector[88]. - The company is increasing the use of specialized equipment such as plasma welding and automatic pump testing devices to improve production efficiency and reduce costs[79]. - The company is exploring innovative cooperation models with global energy clients, enhancing long-term partnerships and customer confidence[79]. - The company plans to continue focusing on product upgrades and innovations in various application fields, including new energy and nuclear power[157]. - The company aims to enhance its market position in high-end valve products and expand into new energy sectors, including LNG and hydrogen energy[172]. Research and Development - The company has a strong R&D team of over 200 people and has set up research centers in China, Italy, and the USA[96]. - The company’s R&D investment totaled ¥185,801,919.88, which is 3.35% of its revenue[137]. - Significant advancements were made in the development of large-diameter valves, including successful pressure testing and compliance with API standards[157]. - The company has made significant progress in R&D projects, including the successful development of liquid hydrogen valves and high-pressure gas shut-off valves[138]. - The company is committed to maintaining R&D investment and focusing on technological breakthroughs in niche markets such as nuclear power and fine chemicals, which will drive sustainable growth[189]. - The company emphasizes talent development as a core strategy, establishing a competency model that combines general capabilities with professional skills to foster a high-quality workforce[190]. Operational Efficiency - The vertical integration of raw material production and the promotion of lean management methods were highlighted as key operational strategies[124]. - The average weight reduction of conventional GGC castings is 8%[12]. - The process yield rate has improved by an average of 5% through optimized design[13]. - The scrap rate for castings has been reduced to less than 1% due to improved control parameters[14]. - The scrap rate for high-pound C12A castings has decreased by 90%[15]. - The cost of surface coating materials has been reduced by 50% through the development of alternative materials[16]. Risks and Challenges - The company faces risks including cyclical fluctuations in the oil and gas industry and rising costs, which may impact future performance[21]. - The company has not reported any non-operating fund occupation by controlling shareholders or related parties[21]. - The company reported a foreign exchange loss of approximately RMB 83.69 million from forward foreign exchange settlements[75]. - The company faces risks including cyclical fluctuations in the oil and gas industry, rising costs, and currency exchange rate volatility[191][193][194]. Sales and Revenue Breakdown - Domestic sales revenue reached ¥2.45 billion, with a year-on-year growth of 48.28%, while gross margin decreased by 5.02 percentage points to 31.28%[149]. - International sales revenue was approximately ¥3.03 billion, reflecting a year-on-year increase of 27.41%, with gross margin increasing by 5.9 percentage points to 32.02%[149]. - The top five customers contributed ¥113,609.62 million, accounting for 20.49% of total annual sales[135]. - The company's sales expenses rose by 21.67% to ¥432.96 million, primarily due to increased sales-related costs[152]. Financial Management - The company's financial expenses improved, showing a net income of -¥41,203,860.97 compared to -¥74,426,749.84 in the previous year[124]. - The company reported a year-on-year increase of 45.97% in bank deposits, indicating improved liquidity[180]. - The net cash outflow from investment activities was ¥249 million, mainly due to a decrease in net inflow from bank financial products[162].

江苏合展兆丰律师事务所 H&Z LAW FIRM 江苏合展兆丰律师事务所 关于 苏州纽威阀门股份有限公司 修订 2023 年度股权激励计划个人绩效系数 及 2023 年限制性股票激励计划预留授予事项 之 法律意见书 二〇二四年四月 地址：中国.苏州.人民路 3110 国发大厦 10 楼 邮编：215031 Address：10F,Guo Fa Mansion,3110 Ren Min Rd.,Suzhou,China Pc：215031 电话/Tel：+86 512 6558383 网址/Web：www.suzhou-lawyer.com 电邮/E-mail：hzzf@suzhou-lawyer.com 江苏合展兆丰律师事务所 H&Z LAW FIRM 释 义 在本法律意见书中，除非文义另有所指，下列左栏中的术语或简称对应右栏中的含义或 全称： | 纽威股份、本公司、公司、 | 指 | 苏州纽威阀门股份有限公司 | | --- | --- | --- | | 上市公司 | | | | 本激励计划、本计划 | 指 | 苏州纽威阀门股份有限公司 2023 年限制性股票激励计划 | | 本次修订 | 指 | 苏州纽 ...

证券简称：纽威股份 证券代码：603699 苏州纽威阀门股份有限公司 2023 年限制性股票激励计划 （草案修订稿） 二〇二四年四月 苏州纽威阀门股份有限公司 2023 年限制性股票激励计划（草案） 声 明 本公司及全体董事、监事保证本激励计划及其摘要不存在虚假记载、误导性 陈述或重大遗漏，并对其真实性、准确性、完整性承担个别和连带的法律责任。 本公司所有激励对象承诺，若公司因信息披露文件中有虚假记载、误导性陈 述或者重大遗漏，导致不符合授予权益或行使权益安排的，激励对象应当自相关 信息披露文件被确认存在虚假记载、误导性陈述或者重大遗漏后，将由本激励计 划所获得的全部利益返还公司。 苏州纽威阀门股份有限公司 2 / 38 二、本激励计划采取的激励工具为限制性股票。股票来源为苏州纽威阀门股 份有限公司（以下简称"公司"或"本公司"）向激励对象定向发行公司 A 股普通股 股票。 苏州纽威阀门股份有限公司 2023 年限制性股票激励计划（草案） 三、本激励计划拟向激励对象授予的限制性股票数量为 1,664.35 万股，占本 激励计划草案公告时公司股本总额 74,906.20 万股的 2.22%。其中，首次授予 1, ...

中信建投证券股份有限公司 关于苏州纽威阀门股份有限公司增加募投项目实施地点的核查意见 中信建投证券股份有限公司（以下简称"本保荐机构"）作为苏州纽威阀门股 份有限公司（以下简称"纽威股份"、"公司"）首次公开发行股票并上市项目的 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》 等有关规定，对纽威股份增加募投项目实施地点的事项进行了审慎核查，发表意 见如下： 一、募集资金基本情况 （一）募集资金金额和资金到账时间 公司募集资金使用情况如下（截至 2023 年 12 月 31 日）： 注：2023 年 3 月 24 日，公司召开第五届董事会第二次会议，会议审议通过了《关 于变更募集资金投资项目的议案》，拟将铸造生产线技术改造（一期）项目剩余募集资 金（具体金额以资金转出当日募集资金专户余额为准）全部投入公司"新增阀门制造产能 序号 项目名称 募集资金承诺 投资总额 调整后投资 总额 募集资金已累 计投入金额 1 年产 35,000 台大口径、特殊阀项目 33,520.39 33,520.39 33,792.45 ...