中信建投证券股份有限公司 关于上海岱美汽车内饰件股份有限公司 部分募投项目结项并将节余募集资金用于其他募投项目 及部分募投项目增加实施地点、调整投资金额 及内部投资结构并延期的核查意见 中信建投证券股份有限公司（以下简称"中信建投"或"保荐人"）为上海 岱美汽车内饰件股份有限公司（以下简称"岱美股份"或"公司"）向不特定对 象发行可转换公司债券的保荐人，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》《上海证券交易所上市公司自律监管指引第 1 号— —规范运作》《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，对岱美股份部分募投项目结项并将节余募集资金用于其他 募投项目及部分募投项目增加实施地点、调整投资金额及内部投资结构并延期的 事项进行了审慎核查，具体核查情况及核查意见如下： 一、募集资金基本情况 根据中国证券监督管理委员会（以下简称"中国证监会"）《关于同意上海岱 美汽车内饰件股份有限公司向不特定对象发行可转换公司债券注册的批复》（证 监许可[2023]1273 号），公司获准向不特定对象发行可转换公司债券，每张面值 为人民币 100 元，发行数量 ...

上海岱美汽车内饰件股份有限公司 关于参加 2024 年上海辖区上市公司三季报集体业绩 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。 上海岱美汽车内饰件股份有限公司（以下简称"公司"）于 2024 年 11 月 13 日下午 15:00-16:30 参加由上海上市公司协会与上证所信息网络有限公司联 合举办的"2024 年上海辖区上市公司三季报集体业绩说明会"活动，现将活动 情况公告如下： 一、 活动开展情况 2024 年 11 月 9 日，公司于上海证券交易所网站（www.sse.com.cn）及指 定信息披露媒体披露了《上海岱美汽车内饰件股份有限公司关于参加 2024 年上 海辖区上市公司三季报集体业绩说明会的公告》（公告编号：2024-064）。 2024 年 11 月 13 日下午 15:00-16:30，公司副董事长兼总裁姜明先生、独 立董事陈凌云女士和董事、财务总监兼董事会秘书肖传龙先生共同出席了本次活 动，与投资者进行互动交流和沟通，并就投资者普遍关注的问题进行了回答。 二、 投资者提出的主要 ...

| 证券代码：603730 | 证券简称：岱美股份 公告编号：2024-064 | | --- | --- | | 债券代码：113673 | 债券简称：岱美转债 | 上海岱美汽车内饰件股份有限公司 关于参加 2024 年上海辖区上市公司三季报集体业绩 说明会的公告 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。 重要内容提示： 会议召开时间：2024 年 11 月 13 日(星期三)15:00 至 16:30 会议召开地点：上证路演中心网站（https://roadshow.sseinfo.com）或 关注微信公众号上证路演中心 会议召开方式：网络文字互动 投资者可于 2024 年 11 月 12 日(星期二)16:00 前通过公司邮箱 IR@daimay.com 进行提问。公司将在说明会上对投资者普遍关注的问题进行回 答。 上海岱美汽车内饰件股份有限公司（以下简称"公司"）已于 2024 年 10 月 31 日发布公司《2024 年第三季度报告》，为便于广大投资者更全面深入地了 解公司经营成果、财务状况，公司将参加"202 ...

大家好,各位投资者,大家上午好,我是中泰特首席何君毅。今天我和我的搭档,然后李晶莹,跟大家一起主持在美股份的三级贸易比较约会,然后同时联系主持的还有东吴证券,国金证券,长江证券,中信,天丰,中金,华泰和国投证券。 今天我们也非常荣幸的邀请到了公司的总理财务总监肖总然后和曾代理总跟大家做这个提告的这个分享然后首先的话我们还是邀请肖总然后对公司的这个三级度的情况做一个简要的介绍然后之后的话大家有问题的话也可以随时这个举手提问好的肖总 尊敬的各位投资者朋友们大家好感谢各位参加公司2024年度商机度的一个电话交流会议也感谢中泰证券计算组和其他券商的一个计算团队的一个联合组织特资会议今天公司参加商机报电话交流的呢就是我和我的同事的证券部的一个里头和大家交流那下面我就简单的把公司的一个商机报的情况给大家做个介绍首先介绍一下公司商机报的收入和盈利情况收入方面呢公司 1到9月份实现销售收入48.04亿,同比增长8.96%,实现经营收入6.23亿,同比增长15.56%。从整个公司的收入结构分析和半年度相比,相对还是比较稳定的,这两板依然是公司的一个核心的产品,上收入的比重在60%左右。 投资业务的帐收入的比重略有提高,接近18 ...

Investment Rating - The report maintains a "Buy" rating for the company [1][3][11] Core Views - The company's revenue performance is influenced by downstream demand and exchange rate fluctuations, with ongoing expansion in interior products such as ceilings [3] - The company is expected to achieve revenue growth of 19% in 2024, with projected revenues of 6,975 million yuan, and a net profit of 844 million yuan, reflecting a 29% year-over-year increase [1][3] - The company's global strategy and cost control capabilities are seen as key drivers for future growth, particularly in the ceiling and interior product categories [3] Revenue and Profit Forecast - Revenue (in million yuan) is projected to be 5,861 in 2023, 6,975 in 2024, 8,370 in 2025, and 9,960 in 2026, with year-over-year growth rates of 14%, 19%, 20%, and 19% respectively [1][3] - Net profit (in million yuan) is forecasted to be 654 in 2023, 844 in 2024, 1,022 in 2025, and 1,226 in 2026, with year-over-year growth rates of 15%, 29%, 21%, and 20% respectively [1][3] Financial Metrics - The company's gross margin for Q3 2024 is reported at 28.83%, showing an improvement due to a better product mix [3] - Earnings per share (EPS) is expected to increase from 0.40 in 2023 to 0.51 in 2024, and further to 0.62 in 2025 and 0.74 in 2026 [1][3][8] - The price-to-earnings (P/E) ratio is projected to decrease from 23.7 in 2023 to 18.3 in 2024, and further to 15.1 in 2025 and 12.6 in 2026 [1][3]

Investment Rating - The report maintains a "Buy" rating for the company with a target price of 10.71 CNY, indicating a potential upside from the current price of 9.36 CNY [2]. Core Insights - The company's performance met expectations, with a revenue of 4.804 billion CNY for the first three quarters, representing a year-on-year growth of 9.0%. The net profit attributable to the parent company was 623 million CNY, up 15.6% year-on-year [1]. - Gross margin continues to improve, with a gross margin of 28.3% for the first three quarters, an increase of 0.3 percentage points year-on-year. The third quarter gross margin was 28.8%, reflecting a 0.7 percentage point increase both year-on-year and quarter-on-quarter [1]. - The company's cash flow from operating activities showed a significant increase, with a net cash flow of 571 million CNY, up 226.0% year-on-year, primarily due to increased cash receipts from sales [1]. Financial Performance Summary - For 2024-2026, the forecasted net profit attributable to the parent company is 851 million CNY, 1.060 billion CNY, and 1.321 billion CNY respectively, with adjustments made from previous estimates [4]. - The company is expected to maintain a comparable company PE average valuation of 21 times for 2024, supporting the target price of 10.71 CNY [4]. - The company's revenue is projected to grow from 5.861 billion CNY in 2023 to 10.129 billion CNY by 2026, with a compound annual growth rate of 25.5% [7].

Investment Rating - The investment rating for the company is "Buy" (maintained) [1] Core Views - The company's Q3 2024 performance met expectations, with a total revenue of 4.804 billion yuan for the first three quarters, representing a year-on-year increase of 8.96%. The net profit attributable to shareholders was 623 million yuan, up 15.56% year-on-year. However, Q3 2024 revenue decreased by 0.71% year-on-year and 10.45% quarter-on-quarter, primarily due to weak performance in the overseas automotive market [2][3] - The company is expanding its product categories along its core processes, which opens up long-term growth potential. The sunshade business has become a global leader with over 40% market share in 2022. The company is also developing headrest and ceiling businesses, with expectations for increased revenue from these segments [4] Financial Performance Summary - For Q3 2024, the company achieved a total revenue of 1.519 billion yuan, with a gross margin of 28.83%, which improved by 0.71 percentage points quarter-on-quarter. The net profit for Q3 2024 was 203 million yuan, with a net profit margin of 13.36%, an increase of 0.09 percentage points quarter-on-quarter [3] - The company's revenue projections for 2024-2026 have been adjusted to 6.605 billion yuan, 7.806 billion yuan, and 9.236 billion yuan, respectively. The net profit attributable to shareholders is projected to be 861.8 million yuan, 1.036 billion yuan, and 1.245 billion yuan for the same period [5]

Investment Rating - The report maintains a "Buy" rating for the company with a target price of RMB 11.70 [6][4]. Core Views - The company reported Q3 revenue of RMB 1.519 billion, a year-over-year decrease of 0.71% and a quarter-over-quarter decrease of 10.45%, primarily due to weak overseas demand [1][2]. - The company achieved a net profit of RMB 203 million in Q3, reflecting a year-over-year increase of 1.25% and a quarter-over-quarter decrease of 9.83% [1]. - The report highlights the company's expansion into roof systems and other interior products, which is expected to enhance the per-vehicle value and create a secondary growth curve [1][2]. Summary by Sections Q3 Performance - Q3 revenue was RMB 1.519 billion, down 0.71% year-over-year and down 10.45% quarter-over-quarter, impacted by weak overseas demand [1]. - For the first three quarters of 2024, revenue reached RMB 4.804 billion, up 8.96% year-over-year, with a net profit of RMB 623 million, up 15.56% year-over-year [1]. Profitability and Cost Management - The gross margin in Q3 improved by 0.66 percentage points year-over-year and 0.71 percentage points quarter-over-quarter to 28.83%, attributed to a higher proportion of high-value-added products and structural optimization [3]. - The net profit margin also stabilized, increasing by 0.26 and 0.09 percentage points to 13.36% [3]. - The company has effectively controlled sales, management, and R&D expenses, with respective rates of 1.77%, 5.63%, and 3.89%, showing a decrease compared to the previous year [3]. Earnings Forecast and Valuation - The report maintains previous profit forecasts, estimating net profits of RMB 889 million, RMB 1.074 billion, and RMB 1.273 billion for 2024, 2025, and 2026, respectively [4]. - The target price is set at RMB 11.70, based on a 2025 PE ratio of 18 times, down from a previous value of RMB 13.99 [4].

重要内容提示： 一、董事会会议召开情况 | 证券代码：603730 | 证券简称：岱美股份 公告编号：2024-062 | | --- | --- | | 债券代码：113673 | 债券简称：岱美转债 | 上海岱美汽车内饰件股份有限公司 第六届董事会第十五次会议决议公告 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。 表决结果：6票赞成，0票反对，0票弃权 特此公告。 上海岱美汽车内饰件股份有限公司董事会 2024 年 10 月 31 日 上海岱美汽车内饰件股份有限公司（以下简称"公司"）第六届董事会第十 五次会议于 2024 年 10 月 30 日以通讯表决的方式召开。会议通知和材料于 2024 年 10 月 24 日以电子邮件及专人送达方式发出。本次会议应出席董事 6 名，实 际出席董事 6 名。公司监事及高级管理人员列席了本次会议。会议由董事长姜银 台先生主持，会议的召开符合《公司法》和《公司章程》的规定。 公司全体董事出席了本次会议。 本次董事会全部议案均获通过，无反对票。 二、董事会会议审议情况 1、审议并通过了《 ...

重要内容提示： | 证券代码：603730 | 证券简称：岱美股份 | 公告编号：2024-063 | | --- | --- | --- | | 债券代码：113673 | 债券简称：岱美转债 | | 具体内容详见与本公告同时披露于上海证券交易所网站（www.sse.com.cn） 及指定媒体的《上海岱美汽车内饰件股份有限公司 2024 年第三季度报告》。 上海岱美汽车内饰件股份有限公司 第六届监事会第十三次会议决议公告 表决结果：3 票赞成，0 票反对，0 票弃权 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法律责任。 一、监事会会议召开情况 上海岱美汽车内饰件股份有限公司（以下简称"公司"）第六届监事会第十 三次会议于 2024 年 10 月 30 日以通讯表决的方式召开。会议通知和材料于 2024 年 10 月 24 日以电子邮件及专人送达方式发出。本次会议应出席监事 3 名，实 际出席监事 3 名。会议由监事会主席陆备军先生主持，会议的召开符合《公司法》 和《公司章程》的规定。 二、监事会会议审议情况 1、审议并通过了《20 ...