| 证券代码：603809 | 证券简称：豪能股份 公告编号：2025-011 | | --- | --- | | 转债代码：113690 | 转债简称：豪 转债 24 | 成都豪能科技股份有限公司 关于 2024 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法律责任。 重要内容提示： ● 每股分配比例：每股派发现金红利 0.20 元（含税）。 ● 每股转增比例：每股转增 0.3 股。 ● 本次利润分配、公积金转增股本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（转增）比例不变，相应调整分配 （转增）总额，并将在相关公告中披露。 ● 不触及《上海证券交易所股票上市规则》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。 经信永中和会计师事务所（特殊普通合伙）审计，截至 2024 年 12 月 31 日， 成都豪能科技股份有限公司（以下简称"公司"）母公司报表中期末未分配利润 为人民币 3 ...

Financial Performance - The company's operating revenue for 2024 reached ¥2,359,809,863.86, representing a 21.29% increase compared to ¥1,945,636,976.94 in 2023[22] - Net profit attributable to shareholders for 2024 was ¥321,838,161.44, a significant increase of 76.87% from ¥181,963,234.04 in 2023[22] - The net profit after deducting non-recurring gains and losses was ¥315,233,179.73, up 87.97% from ¥167,707,053.91 in the previous year[22] - Cash flow from operating activities for 2024 was ¥611,392,092.26, reflecting a 90.36% increase compared to ¥321,171,320.77 in 2023[22] - Total assets as of the end of 2024 amounted to ¥6,222,431,397.56, a 17.29% increase from ¥5,305,054,175.12 at the end of 2023[22] - The net assets attributable to shareholders increased to ¥3,024,353,306.83, which is a 34.70% rise from ¥2,245,175,322.09 in 2023[22] Dividends and Shareholder Returns - The company plans to distribute a cash dividend of ¥0.20 per share and to increase capital reserves by 0.3 shares per share, pending shareholder approval[5] - The total cash dividend amount is projected to be RMB 128,240,100.60 (including tax), which represents 39.85% of the net profit attributable to ordinary shareholders of RMB 321,838,161.44 for the most recent fiscal year[131] - The cumulative cash dividend amount over the last three fiscal years is RMB 277,720,274.92, with an average net profit of RMB 238,399,861.89, resulting in a cash dividend ratio of 116.49%[133] Research and Development - R&D expenses amounted to 144.37 million yuan, a 45.92% increase, with the company securing 7 invention patents and 13 utility model patents during the period[39] - The company is committed to increasing R&D investment in new technologies and products, particularly in areas like differential gears and lightweight automotive components[92] Market and Business Development - The company achieved revenue from the new energy vehicle business of 664.80 million yuan, a year-on-year increase of 63.52%[34] - The passenger vehicle synchronizer business continued to grow, with new project orders from clients such as Magna and Volkswagen, enhancing market share and assembly matching ratio[35] - The company is focusing on smart manufacturing and information technology to improve operational efficiency and product quality[40] - The company plans to invest RMB 300 million in an aerospace component intelligent manufacturing center to improve production efficiency and reduce costs[31] Risk Management - The company has outlined various risks and countermeasures in its management discussion and analysis section[8] - The company faces risks from external economic changes, including trade tensions and policy adjustments that could impact demand in the automotive parts sector[93] - The company is exposed to risks related to the concentration of customers in its aerospace business, which could affect its future operations if key clients seek alternatives[95] Corporate Governance - The audit report issued by the accounting firm was a standard unqualified opinion, ensuring the accuracy of the financial statements[4] - The company has maintained strict compliance with information disclosure obligations, ensuring transparency and fairness for all shareholders[100] - The company has established a comprehensive performance evaluation system, linking employee income closely with work performance[101] Employee Management - The total number of employees in the parent company is 340, while the main subsidiaries employ 2,672, resulting in a total of 3,012 employees[121] - The company has established a salary policy that combines job value, market levels, competency, and performance assessments to motivate employees[122] - The training plan includes various forms of training aimed at improving quality, skills, and safety, ensuring a well-rounded development for employees[123][124] Environmental and Social Responsibility - The company has invested RMB 759.57 million in environmental protection during the reporting period, implementing effective measures to manage environmental impacts[140] - The company has consistently fulfilled its tax obligations, contributing to national tax revenue and local economic development[142] - The company emphasizes employee rights protection, adhering to labor laws and providing training and development opportunities[142] Financial Management and Capital Structure - The company raised RMB 550 million through the issuance of convertible bonds, with RMB 390 million allocated to the construction of a key component production base for new energy vehicles[31] - The total amount raised through the convertible bond issuance is CNY 550,000,000, with CNY 542,394,716 received by the company[161] - The company's total liabilities at the end of 2024 amounted to RMB 3,195.35 million, with a debt-to-asset ratio of 51.35%[196] Shareholding and Ownership Changes - The company reported a significant increase in the number of shares held by the chairman, from 26,575,640 to 39,331,947, reflecting a change of 12,756,307 shares due to capital reserve conversion[103] - The largest shareholder, Xiang Chaodong, holds 105,589,120 shares, representing 16.47% of the total shares, with an increase of 34,245,120 shares during the reporting period[179] - The total number of ordinary shareholders decreased from 36,432 to 34,949 during the reporting period[177]

| 证券代码：603809 | 证券简称：豪能股份 公告编号：2025-008 | | --- | --- | | 转债代码：113690 | 转债简称：豪 转债 24 | 成都豪能科技股份有限公司 关于 2024 年度对外担保计划的进展公告 注 2："已提供担保余额"不包含"本次担保金额"。 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。 （三）本次具体担保情况如下： 重要内容提示： 一、担保情况概述 （一）担保基本情况 因泸州长江机械有限公司（以下简称"长江机械"）借款事宜，成都豪能科技股 份有限公司（以下简称"公司"） 与泸州农村商业银行股份有限公司自贸科技支行 签订了《最高额保证合同》，为长江机械与其签订的流动资金借款合同提供最高本金 数额为人民币 4,900.00 万元的连带责任担保。 （二）担保额度调剂情况 被担保人名称及是否为上市公司关联人：泸州长江机械有限公司。本次担 保为对全资子公司提供的担保，不属于关联担保。 本次担保金额及已实际为其提供的担保余额：本次担保金额为 4,900.00 万 元。公司已实际为其提 ...

| 证券代码：603809 | 证券简称：豪能股份 公告编号：2025-007 | | --- | --- | | 转债代码：113690 | 转债简称：豪 转债 24 | 成都豪能科技股份有限公司 关于 2024 年度对外担保计划的进展公告 因成都昊轶强航空设备制造有限公司（以下简称"昊轶强"）借款事宜，成都豪 能科技股份有限公司（以下简称"公司"） 与中国银行股份有限公司成都锦江支行 签订了《保证合同》，为昊轶强与其签订的借款合同提供本金人民币 2,000.00 万元的 连带责任担保。 具体担保情况如下： 被担保人名称及是否为上市公司关联人：成都昊轶强航空设备制造有限公 司。本次担保为对全资子公司提供的担保，不属于关联担保。 本次担保金额及已实际为其提供的担保余额：本次担保金额为 2,000.00 万 元。公司已实际为其提供的担保余额为 8,000.00 万元（含本次担保）。 是否存在反担保：否 无对外担保逾期情况 特别风险提示：公司对外担保金额已超过公司最近一期经审计净资产 100%， 敬请广大投资者注意担保风险。 单位：万元 | 担保方 | 被担 | 2024 年度 | | 本次担保 | | 剩余担 ...

Investment Rating - The report assigns an "Accumulate" rating for the company, indicating a positive outlook for the stock price in the next six months [5]. Core Views - The company is actively advancing its layout in the robotics sector and enhancing competitiveness across multiple segments [1]. - The establishment of a joint venture with Suzhou Ishikawa aims to strengthen the company's capabilities in the differential gear field, with a total investment of 200 million RMB [2][3]. - The company anticipates significant growth in net profit for 2024, projecting an increase of 70% to 87% year-on-year, supported by rapid growth in the new energy vehicle parts business [4]. Financial Summary - **Revenue Growth**: The company expects revenue to grow from 1,472 million RMB in 2022 to 3,584 million RMB by 2026, with a compound annual growth rate (CAGR) of approximately 19.8% [1]. - **Net Profit**: Projected net profit is expected to rise from 211 million RMB in 2022 to 550 million RMB in 2026, with a notable increase of 77.4% in 2024 [1][4]. - **Return on Equity (ROE)**: ROE is forecasted to improve from 10.4% in 2022 to 17.2% in 2026 [1]. - **Earnings Per Share (EPS)**: EPS is expected to increase from 0.33 RMB in 2022 to 0.86 RMB in 2026 [1]. Strategic Initiatives - The company is focusing on a dual business strategy in "automotive + aerospace," leveraging rich customer resources and aiming for enhanced profitability through new projects and products [4][9]. - The joint venture with Suzhou Ishikawa is expected to integrate technology and resources, improving product precision and delivery efficiency, thereby increasing market share [3][4].

Investment Rating - The investment rating for the company is "Buy" [3][5][11] Core Insights - The company has established a joint venture with Suzhou Ishikawa to enhance its casting capabilities for differential housings and other components, with a total investment of RMB 200 million [1][2] - The company is expanding its planetary gearbox business based on process and customer synergies, with an initial investment of RMB 1 billion for its smart manufacturing core components project, focusing on parts for new energy vehicles and high-precision industrial gearboxes [2] - The company is actively positioning itself in the humanoid robot sector, where planetary gearboxes are expected to have significant applications due to their cost advantages and strong impact resistance [2] Financial Summary - The projected revenue for 2024-2026 is RMB 24.06 billion, RMB 30.08 billion, and RMB 36.45 billion, representing year-over-year growth of 23.7%, 25.0%, and 21.2% respectively [3][5] - The expected net profit for the same period is RMB 3.25 billion, RMB 4.19 billion, and RMB 5.09 billion, with year-over-year growth of 78.5%, 28.9%, and 21.6% respectively [3][5] - Earnings per share (EPS) are projected to be RMB 0.51, RMB 0.65, and RMB 0.79 for 2024-2026, with corresponding price-to-earnings (PE) ratios of 36.2, 28.1, and 23.1 [3][5]

| 证券代码：603809 | 证券简称：豪能股份 公告编号：2025-006 | | --- | --- | | 转债代码：113690 | 转债简称：豪 24 转债 | 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： 投资标的名称：豪能石川（泸州）精密制造有限公司（以工商登记机关 核准登记的名称为准，以下简称"合资公司"或"项目公司"） 投资金额：合资公司注册资本为人民币 2 亿元，成都豪能科技股份有限 公司以货币方式认缴出资 1 亿元，持有合资公司 50%的股权。 特别风险提示：本次投资设立合资公司，尚需工商行政审批部门核准， 能否通过核准以及最终通过核准的时间均存在不确定性。 一、对外投资概述 （一）对外投资基本情况 为了深化成都豪能科技股份有限公司（以下简称"公司"）差速器全产业链 布局，提升差速器壳体及其它零部件的铸件能力，公司与苏州石川精密制造科技 有限公司（以下简称"苏州石川"）签署《豪能石川（泸州）精密制造有限公司 合资合同》，拟共同出资人民币 2 亿元设立合资公司，公司与苏州石川以货币方 式 ...

豪能股份持续督导文件 现场检查报告 招商证券股份有限公司关于 1 / 6 （一）保荐机构：招商证券股份有限公司 （二）保荐代表人：李莎、贾音 （三）现场检查时间：2025 年 2 月 11 日至 2025 年 2 月 14 日 （四）现场检查人员：李莎 （五）现场检查内容 豪能股份持续督导文件 现场检查报告 二、对现场检查事项逐项发表的意见 成都豪能科技股份有限公司 向不特定对象发行可转换公司债券 2024 年现场检查报告 上海证券交易所： 根据中国证券监督管理委员会《关于成都豪能科技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〔2024〕374 号），公司向不特定 对象发行可转换公司债券 550 万张，每张面值为人民币 100.00 元，募集资金总 额为人民币 550,000,000.00 元，扣除发行费用不含税金额 7,605,283.02 元后，实 际募集资金净额为人民币 542,394,716.98 元。本次可转债已经于 2024 年 11 月 20 日上市。 招商证券股份有限公司（以下简称"招商证券"、"保荐机构"）作为成都豪 能科技股份有限公司（以下简称"豪能股份"、"公司" ...

Investment Rating - The investment rating for the company is "Buy" [2] Core Insights - The company, HaoNeng Co., Ltd., is a leading player in the synchronizer market, with a diversified business layout that opens up growth opportunities. It has established a strong presence in the automotive parts industry, particularly in synchronizers and differentials, and has expanded into aerospace and robotics sectors [5][6][18]. - The company's revenue and profit performance in the first half of 2024 showed significant growth, driven by the robust development of its synchronizer and differential businesses, as well as the positive trends in the robotics industry [7][21]. - The company is actively expanding its product offerings in the transmission system components, with a focus on the differential project, which is expected to see substantial growth in the near future [6][50]. Summary by Sections Company Overview - HaoNeng Co., Ltd. was established in 2006 and listed in 2017. It has become a leading domestic synchronizer manufacturer, providing a full product line for both passenger and commercial vehicles. The company has also entered the aerospace sector through acquisitions and is investing in new energy vehicle components [13][14]. Business Structure - The automotive parts business accounted for 86.5% of the company's revenue in 2023, while the aerospace segment contributed 11.4%. The main products include synchronizers, differentials, and precision components for aerospace [18]. Financial Analysis - In the first half of 2024, the company achieved a revenue of 16.9 billion yuan, with a year-on-year growth of 26.6%. The net profit attributable to the parent company reached 2.4 billion yuan, up 62.6% year-on-year. The company's gross margin improved to 34.1% [21][24]. Market Trends - The global automotive differential market is projected to grow from 21.43 billion USD in 2024 to 25.39 billion USD by 2029, with a CAGR of 7.9%. The company is well-positioned to capture this growth due to its strong client relationships and production capabilities [48][50]. Profitability Forecast - The company is expected to generate revenues of 24.4 billion, 29.5 billion, and 35.6 billion yuan for the years 2024, 2025, and 2026, respectively, with corresponding net profits of 3.2 billion, 4.3 billion, and 5.2 billion yuan [8][9].

| 证券代码：603809 | 证券简称：豪能股份 公告编号：2025-005 | | --- | --- | | 转债代码：113690 | 转债简称：豪 转债 24 | 成都豪能科技股份有限公司 关于使用部分暂时闲置募集资金进行现金管理 到期赎回并继续进行现金管理的进展公告 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： ● 现金管理产品：结构性存款 ● 投资金额：人民币 13,000 万元 ● 履行的审议程序：成都豪能科技股份有限公司（以下简称"公司"）于 2024 年 11 月 5 日召开第六届董事会第七次会议和第六届监事会第五次会议，审议通 过了《关于使用部分暂时闲置募集资金进行现金管理的议案》，同意公司及子公 司使用总额度不超过人民币 13,000 万元（含 13,000 万元）暂时闲置募集资金进 行现金管理，用于购买安全性高、流动性好、有保本约定的低风险投资产品。投 资期限自公司董事会审议通过之日起不超过 12 个月。在上述额度及有效期内， 可滚动使用。保荐机构对本事项出具了同意的专项核查报告。 ...