浙江华友钴业股份有限公司 章 程 二零二四年九月 0 | 第一章 | 2 | 总则 | | --- | --- | --- | | 第二章 | 3 | 经营宗旨和范围 | | 第三章 | 4 | 股 份 | | 第一节 | 股份发行 4 | | | 第二节 | 股份增减和回购 5 | | | 第三节 | 股份转让 7 | | | 第四节 | 购买公司股份的财务资助 8 | | | 第四章 | 10 | 股票和股东名册 | | 第五章 | 13 | 股东和股东大会 | | 第一节 | 股东 13 | | | 第二节 | 股东大会的一般规定 16 | | | 第三节 | 股东大会的召集 19 | | | 第四节 | 股东大会的提案与通知 20 | | | 第五节 | 股东大会的召开 22 | | | 第六节 | 股东大会的表决和决议 26 | | | 第六章 | 32 | 董事会 | | 第一节 | 董事 32 | | | 第二节 | 董事会 36 | | | 第三节 | 董事会秘书 41 | | | 第七章 | 总裁及其他高级管理人员 43 | | | 第八章 监事会 | 45 | | | 第一节 | 监事 4 ...

华友钴业 2024 年度第六期超短期融资券发行结果公告 | | 华友钴业 2024 | 年度第六期超短期融资券发行结果公告 | | --- | --- | --- | | 股票代码：603799 | 股票简称：华友钴业 | 公告编号：2024-082 | | 转债代码：113641 | 转债简称：华友转债 | | 浙江华友钴业股份有限公司 特此公告。 浙江华友钴业股份有限公司董事会 2024 年 9 月 12 日 1 2024年度第六期超短期融资券发行结果公告 浙江华友钴业股份有限公司（以下简称"华友钴业"、"公司"）分别于 2024 年 4 月 18 日、2024 年 5 月 10 日召开第六届董事会第十九次会议和 2023 年年度股 东大会，审议通过了《关于公司及子公司 2024 年发行非金融企业债务融资工具的议 案》，同意公司及子公司可以发行的债务融资工具类型包括但不限于公司债、企业 债、短期融资券、超短期融资券、中期票据、永续债、定向工具（PPN）、境外债 券、北金所债权融资计划等在内的本外币债务融资工具，发行方式包括公开发行和 非公开定向发行。 公司已于近日完成了浙江华友钴业股份有限公司 2024 ...

华友钴业关于"华友转债"预计满足转股价格修正条件的提示性公告 | 股票代码：603799 | 股票简称：华友钴业 | 公告编号：2024-081 | | --- | --- | --- | | 转债代码：113641 | 转债简称：华友转债 | | 浙江华友钴业股份有限公司 关于"华友转债"预计满足转股价格修正条件的提示性公告 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。 一、可转债发行上市概况 经中国证券监督管理委员会《关于核准浙江华友钴业股份有限公司公开发行可 转换公司债券的批复》（证监许可〔2022〕209号）核准，浙江华友钴业股份有限公 司（以下简称"公司"或"华友钴业"）于2022年2月24日公开发行了76,000,000张可 转换公司债券，每张面值为100.00元，发行面值总额76亿元，期限6年。票面利率为： 第一年0.20%、第二年0.40%、第三年0.60%、第四年1.50%、第五年1.80%、第六年 2.00%。转股期限为2022年9月2日至2028年2月23日。 经上海证券交易所自律监管决定书〔20 ...

华友钴业关于对外担保的进展公告 | 股票代码：603799 | 股票简称：华友钴业 | 公告编号：2024-080 | | --- | --- | --- | | 转债代码：113641 | 转债简称：华友转债 | | 浙江华友钴业股份有限公司 关于对外担保的进展公告 | 担保人 | 被担保人 | 担保金额 （万元） | 担保到期日 | 债权人 | | --- | --- | --- | --- | --- | | 浙江华友钴业股份有限公司 | 衢州华友钴新材料有限公司 | 40,000.00 | 2025/8/20 | 中信银行股份有限公司衢州 分行 | | | | | | 华夏银行股份有限公司衢州 | | 浙江华友钴业股份有限公司 | 衢州华友资源再生科技有限公司 | 15,000.00 | 2027/8/20 | 分行 | 1 被担保人名称及是否为上市公司关联人：被担保人包括浙江华友钴业股份有限 公司（以下简称"公司"）及 7 家子公司，不存在关联担保； 本次担保金额及累计担保余额：前次担保进展公告披露日至 2024 年 8 月 31 日 担保金额合计 422,642.33 万元；截至 2024 年 8 ...

关于股份回购实施结果暨股份变动的公告 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：603799 证券简称：华友钴业 公告编号：2024-079 浙江华友钴业股份有限公司 重要内容提示： | 回购方案首次披露日 | 2023/9/1 | | --- | --- | | 回购方案实施期限 | 待董事会审议通过后 12 个月 | | 预计回购金额 | 万元~100,000 万元 60,000 | | 回购价格上限 | 60 元/股 | | 回购用途 | □减少注册资本 □用于员工持股计划或股权激励 √用于转换公司可转债 | | | □为维护公司价值及股东权益 | | 实际回购股数 | 22,703,060 股 | | 实际回购股数占总股本比例 | 1.34% | | 实际回购金额 | 750,496,013.79 元 | | 实际回购价格区间 | 21.98 元/股~39.49 元/股 | 一、回购审批情况和回购方案内容 2023 年 8 月 31 日，浙江华友钴业股份有限公司（以下简称"华友钴业"、"公 司"）召开第 ...

Investment Rating - The report maintains a "Buy-A" rating for Huayou Cobalt Co., Ltd. (603799.SH) [1] Core Views - The company's Q2 performance showed a significant quarter-on-quarter increase, driven by a substantial rise in nickel shipments and improved profitability due to the recovery in nickel prices [3][4] - For H1 2024, the company reported a revenue of 30.05 billion yuan, a year-on-year decrease of 9.9%, and a net profit attributable to shareholders of 1.67 billion yuan, down 19.9% year-on-year, which was in line with expectations [2] - Nickel product revenue for Q2 reached 5.4 billion yuan, a year-on-year increase of 72.5%, while nickel intermediate products and cobalt products saw revenue declines [3] Summary by Sections Financial Performance - In Q2 2024, the company achieved a net profit of 1.15 billion yuan, a quarter-on-quarter increase of 119.8%, attributed to the gradual ramp-up of upstream nickel resource projects and price recovery [3] - Nickel product shipments increased by 40% year-on-year to 76,000 tons, with nickel intermediate product shipments growing over 90% [3] - The average LME nickel price for H1 2024 was 17,804 USD/ton, with Q2 averaging 18,720 USD/ton, contributing to a gross margin of 21.0% in Q2, up 8.9 percentage points quarter-on-quarter [3] Product Performance - The company reported stable growth in product shipments, with Q2 shipments of positive materials increasing over 20% quarter-on-quarter [4] - H1 2024 shipments included 67,000 tons of precursor materials, a year-on-year increase of 11%, and 53,000 tons of positive materials, with a slight year-on-year decline but a significant quarter-on-quarter increase [4] Future Outlook - The report projects net profits for 2024, 2025, and 2026 to be 3.79 billion yuan, 4.34 billion yuan, and 4.83 billion yuan respectively, with corresponding P/E ratios of 10.0, 8.7, and 7.8 [7] - Despite a downward adjustment in earnings forecasts due to declining profitability in precursor and positive materials, the company is expected to benefit from its global integrated layout and improved profitability from nickel capacity release [7]

Investment Rating - The report maintains a "Buy" rating for the company, with a target price based on expected earnings growth and market conditions [4][8]. Core Insights - The company's net profit for H1 2024 decreased by 19.87% year-on-year, primarily due to a significant drop in lithium battery material prices, with the average price of ternary materials falling by 49.29% [1][3]. - Despite the decline in profitability, the company achieved stable growth in production and sales volumes, particularly in nickel products, which saw a year-on-year increase of over 40% [1][3]. - The report highlights the successful ramp-up of production capacity in Indonesia, with several nickel projects reaching or exceeding their production targets [2][4]. Financial Performance Summary - For H1 2024, the company reported revenue of 30.05 billion yuan, a decrease of 9.88% year-on-year, and a net profit of 1.671 billion yuan [3][4]. - The projected net profits for 2024-2026 are 3.583 billion, 4.581 billion, and 4.983 billion yuan, respectively, with corresponding EPS of 2.10, 2.68, and 2.91 yuan [4][5]. - The company's gross margin is expected to improve gradually, with forecasts of 15.1% in 2024 and 16.1% in 2025 [5][6]. Production and Capacity Developments - The company is advancing its integrated layout in lithium battery materials, with several projects in Indonesia and domestic regions progressing well [2][4]. - The report notes that the company has successfully achieved production capacity for various nickel and lithium projects, which is expected to enhance its market position [2][4]. Market Conditions and Price Trends - The report indicates that the prices of lithium battery materials have experienced significant volatility, impacting the company's profitability [1][4]. - Nickel prices have shown a notable increase, contributing to improved profitability in Q2 2024, with the average price of electrolytic nickel rising by 7.84% [3][4].

Investment Rating - The report maintains a "Recommend" rating for the company, with projected PE ratios of 11X, 9X, and 7X for 2024-2026 [1][42] Core Views - The company's upstream resource layout is well-established, and downstream lithium battery materials are expected to rapidly scale up, with deep integration with international resource and automotive giants, ensuring high growth certainty and a strong moat [1][42] - The company's integrated layout in the lithium battery materials sector is steadily advancing, with a deep moat in its upstream resource end, and it is expected to stand out in fierce competition due to its cost advantages and technical expertise [1] Financial Performance - In H1 2024, the company achieved revenue of RMB 30.05 billion, a YoY decrease of 9.88%, and net profit attributable to the parent company of RMB 1.671 billion, a YoY decrease of 19.87% [1][7] - In Q2 2024, the company achieved revenue of RMB 15.088 billion, a YoY increase of 5.99%, and net profit attributable to the parent company of RMB 1.148 billion, a YoY increase of 8.23% [1][7] Product Performance - Nickel product output in H1 2024 was approximately 76,000 tons, a YoY increase of over 40%, with the Huafei project reaching full production [1] - Cobalt product shipments in H1 2024 were approximately 23,000 tons, a YoY increase of about 13%, maintaining a leading position in the industry [1] - Lithium battery precursor shipments in H1 2024 were 67,000 tons, a YoY increase of about 11%, driven by increased market share [1] Project Progress - The Huafei 120,000-ton nickel metal wet smelting project achieved full production by the end of Q1 2024, with continuous volume release expected in H2 2024 [1] - The Huayue 60,000-ton nickel metal wet smelting project has been operating steadily and exceeding production targets, with the SCM slurry pipeline fully connected, further reducing MHP production costs [1] - The Huake 45,000-ton nickel metal high-ice nickel project has achieved full production [1] Market Expansion - The company is expanding its market presence in North America and Europe, with the Guimu cathode project in South Korea partially operational and the Hungary cathode material project under construction [1] Future Growth - The company's upstream resource end, including nickel and lithium products, is expected to continue contributing incremental growth, with large-scale precursor and cathode material capacities and high-quality customers driving continuous volume expansion [1] - The company is expected to complete its transformation from a cyclical to a growth company, reducing profit cyclical fluctuations and gaining a significant advantage over peers [26]

关于公司控股股东及一致行动人部分股份解除质押及质押的公告 | 股票代码：603799 | 股票简称：华友钴业 | 公告编号：2024-078 | | --- | --- | --- | | 转债代码：113641 | 转债简称：华友转债 | | 浙江华友钴业股份有限公司 关于公司控股股东及一致行动人部分股份 解除质押及质押的公告 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: 2、股份质押情况 | | 是否 为控 | 本次质押股 | 是否为限 售股（如 | 是否 | 质押起 | | 质押到 | | | 占其所 | 占公司 | 质押融 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 股东 名称 | 股股 | 数 | 是，注明 | 补充 | 始日 | | 期日 | | 质权人 | 持股份 | 总股本 | 资资金 | | | | | 限售类 | 质押 | | | | | | 比例 | 比例 | ...

Investment Rating - The report maintains a "Buy" rating for the company [4][6]. Core Views - The nickel segment's performance is in line with expectations, contributing 57% to the net profit in H1 2024. The company reported a revenue of 30.1 billion yuan, a 10% year-on-year decline, and a net profit of 1.67 billion yuan, down 20% year-on-year [2][3]. - Nickel product shipments reached approximately 76,000 tons in H1 2024, a year-on-year increase of over 40%. The average LME nickel price in H1 was $17,752 per ton, down 27% year-on-year [3]. - The lithium battery materials segment saw a shipment increase of about 11% for precursors and over 20% for cathode materials in Q2 2024 [3]. Summary by Sections Financial Performance - In Q2 2024, the company achieved a net profit of 1.15 billion yuan, an 8% year-on-year increase and a 120% quarter-on-quarter increase. The non-recurring net profit was 1.18 billion yuan, up 40% year-on-year and 109% quarter-on-quarter [2][3]. - The company expects net profits of 3.52 billion yuan and 3.95 billion yuan for 2024 and 2025, respectively, reflecting a downward adjustment of 54% and 64% from previous forecasts [4]. Nickel Segment - The nickel segment's net profit for H1 2024 was 6.9 billion yuan from Huayue Company, 4.7 billion yuan from Indonesia Huake, and 4.5 billion yuan from Indonesia Huafei, totaling 9.5 billion yuan, which accounts for 56.7% of the total net profit [3]. Lithium Battery Materials - The precursor shipment volume was 67,000 tons, with a year-on-year growth of about 11%. The cathode material shipment volume was 53,000 tons, showing a slight decline year-on-year but a significant increase of over 20% quarter-on-quarter in Q2 2024 [3]. Project Developments - The Huafei project has reached full production capacity, contributing incremental profits. The company is also advancing its overseas layout in lithium battery materials, with projects in Indonesia, South Korea, and Hungary [3].