浙江新澳纺织股份有限公司 2023 年度独立董事述职报告 作为浙江新澳纺织股份有限公司（以下简称"公司"）独立董事，本人严格 按照《公司法》、《证券法》、《上市公司独立董事管理办法》、《上海证券交易所上 市公司自律监管指引第 1 号——规范运作》、《公司章程》等相关法律、法规、规 章的规定和要求，在 2023 年度任职期间诚实、勤勉、独立的履行职责, 积极参 加公司股东大会、董事会，审阅相关议案并发表独立意见，重点关注公司财务管 理、关联交易、业务发展和投资项目的运行情况，监督董事会对股东大会决议的 执行情况，维护了公司的整体利益和股东的合法权益。 现将 2023 年度履行职责情况报告如下： 一、独立董事基本情况 （一）个人工作履历、专业背景及兼职情况 本人俞毅先生，1965 年出生，中国国籍，硕士学历。现担任浙江工商大学经 济学院教授，为浙江省中青年学科带头人，浙江省 151 人才培养对象，浙江省产 业转型升级基金决策咨询委员会特聘专家。历任浙江工商大学经济学院副院长、 浙江省国际贸易学会副会长，现任本公司、诚达药业股份有限公司独立董事。 本人及本人直系亲属、主要社会关系不在公司或其附属企业担任除独立董事 ...

Financial Performance - The net cash flow from operating activities increased by 48.04% compared to 2022, primarily due to a revenue increase of 488 million RMB during the reporting period[24] - The total liabilities amounted to 2,349,752,091.65 RMB, up from 1,614,796,310.66 RMB in the previous year[18] - The total assets reached 5,645,280,187.48 RMB, compared to 4,646,164,042.59 RMB in the prior year[18] - The owner's equity totaled 3,295,528,095.83 RMB, an increase from 3,031,367,731.93 RMB year-over-year[18] - The company's total equity attributable to shareholders reached 3,170,360,509.46 RMB, up from 2,957,193,811.83 RMB[18] - The company's operating revenue for 2023 reached ¥4,438,317,424.45, representing a 12.37% increase compared to ¥3,949,875,885.43 in 2022[63] - Net profit attributable to shareholders was ¥404,220,630.76, a 3.70% increase from ¥389,780,959.23 in the previous year[63] - The net cash flow from operating activities increased by 48.04% to ¥552,173,938.26, compared to ¥372,994,863.64 in 2022[63] - The company's total assets grew by 21.50% to ¥5,645,280,187.48, up from ¥4,646,164,042.59 at the end of 2022[63] - The company reported a government subsidy of CNY 17,070,602.82, slightly lower than CNY 19,565,508.13 in 2022[154] Market Position and Strategy - The company has established a global marketing network with approximately 5,000 customers and has served nearly 500 premium brands worldwide[28] - The company aims to adapt to the historical changes in market dynamics by focusing on value creation and seeking new productive forces in traditional manufacturing[29] - The company has transitioned from a domestic focus to an international capacity layout, enhancing its global presence[55] - The company has diversified its product offerings, expanding from fine yarns to include coarse cashmere, woven yarns, and home textiles[55] - The company has established a diverse product structure with brands like CASHFEEL, NEWCHUWA, and Todd&Duncan, covering mid-range to luxury segments, enhancing market share[149] - The company is actively pursuing digital transformation, focusing on smart manufacturing and industrial internet platforms, which have been recognized with awards in 2023[165] - The company is focusing on strategic acquisitions to enhance its competitive position in the market[200] Research and Development - The company has invested continuously in R&D and innovation over the past 30 years, mastering leading core technologies and production processes[28] - The company is focused on enhancing its technological innovation and product development to strengthen its market position[193] - Research and development expenses rose by 3.58% to 111,206.57 million RMB, driven by increased R&D investments[196] Sustainability and Certifications - The company received multiple certifications for its sustainable products, including GOTS and WOOLMARK, and was recognized as a national-level "Industrial Product Green Design Demonstration Enterprise"[77] - The company has achieved various ecological certifications, including RWS and GOTS, reflecting its commitment to sustainable development[151] - The company is actively pursuing low-carbon technology development and has been recognized for its energy optimization and efficient utilization technologies, which are included in the 2023 recommended directory for green low-carbon technologies in the wool textile industry[104] Production and Capacity - The company has expanded its spinning capacity from 1,600 spindles to approximately 130,000 spindles over the past thirty years[55] - The company is currently constructing a high-end ecological yarn project in Vietnam, with the first phase of 20,000 spindles expected to be completed and operational by the end of 2025[48] - The company is advancing its "60,000 spindles high-end ecological yarn project," with 13,000 spindles already in production and additional equipment expected to be installed and operational by mid-year[74] - The production of cashmere increased by 18.22% to 2,022.58 tons, while wool tops production rose by 15.52% to 7,473.88 tons[199] Financial Stability and Shareholder Returns - Since its IPO in 2014, the company has raised a total of 1.37 billion RMB in the capital market[55] - Cumulative dividends paid to shareholders amount to 1.153 billion RMB, maintaining a stable payout ratio of approximately 50%[55] - The company plans to distribute a cash dividend of ¥3.00 per 10 shares, totaling approximately ¥219,196,782.90, which accounts for 54.23% of the net profit attributable to shareholders for 2023[62] - The company maintains a stable dividend policy to reward shareholders[132] Industry Trends - The revenue of the wool textile and dyeing industry increased by 8.8% year-on-year as of November 2023, marking a recovery in growth rate, second only to the rapid rebound in 2021[83] - From January to November 2023, the total profit of the wool textile and dyeing industry grew by 15.7%, with an average profit margin of 4.0%[84] - The proportion of loss-making enterprises in the wool textile and dyeing sector reached 28.8%, just below the high of 32.5% in 2020, indicating a further polarization within the industry[88] - The outdoor sports segment shows resilience, with high-end and luxury brands recovering quickly, indicating a favorable market outlook[146] Operational Efficiency - The operating cash flow for the year reached 552 million RMB, indicating a strong liquidity position[55] - The gross profit margin for the textile industry was 18.47%, a decrease of 0.14 percentage points compared to the previous year[183] - The operating cost increased by 12.62% year-on-year, primarily due to increased sales[196] - Direct material costs accounted for 83.26% of total costs, amounting to 2,996,854,635.56, up from 84.74% in the previous year[200] - Labor costs increased by 20.23% to 257,543,767.67, representing 7.16% of total costs, compared to 6.70% in the previous year[200] - The company has focused on high-end, intelligent, and green development, optimizing its global industrial layout amid challenging external conditions[160]

作为浙江新澳纺织股份有限公司（以下简称"公司"）独立董事，本人严格 按照《公司法》、《证券法》、《上市公司独立董事管理办法》、《上海证券交易所上 市公司自律监管指引第 1 号——规范运作》、《公司章程》等相关法律、法规、规 章的规定和要求，在 2023 年度任职期间诚实、勤勉、独立的履行职责,积极参加 公司股东大会、董事会，审阅相关议案并发表独立意见，重点关注公司财务管理、 关联交易、业务发展和投资项目的运行情况，监督董事会对股东大会决议的执行 情况，维护了公司的整体利益和股东的合法权益。 浙江新澳纺织股份有限公司 2023 年度独立董事述职报告 （一）个人工作履历、专业背景及兼职情况 本人杨鹰彪，1962 年出生，中国国籍，本科学历，副教授职称，1982 年获 得江西财经学院商业财会专业学士学位，现为浙江财经大学会计学院副教授。历 任浙江财经学院会计系副主任、系党总支副书记；浙江财经学院工商管理学院党 总支副书记、书记；浙江财经学院审计室主任；浙江财经大学金融学院党总支书 记兼副院长。现任杭州宏华数码科技股份有限公司、万通智控科技股份有限公司 独立董事，2017 年 1 月至 2023 年 1 月任公司独立 ...

证券代码：603889 证券简称：新澳股份 公告编号：2024-011 浙江新澳纺织股份有限公司 关于为子公司提供担保的进展公告 一、担保情况概述 （一）担保基本情况： 1、为满足控股子公司新澳羊绒生产经营业务发展需要，近日公司与中国农 业银行股份有限公司桐乡市支行签署了相关的保证合同为其提供担保，担保金额 为 3,500 万元，并为上述担保提供连带责任保证。公司持有新澳羊绒 70%的股权， 其余股东未提供担保。 被担保人名称： 1、宁夏新澳羊绒有限公司（以下简称"新澳羊绒"），系公司控股子公司 2、浙江新中和羊毛有限公司（以下简称"新中和"），系公司之全资子公司 本次担保金额： 无反担保 无逾期对外担保 特别风险提示：截至公告披露日，上市公司及控股子公司担保金额超过 上市公司最近一期经审计净资产 100%。 2、为满足新中和生产经营业务发展需要，近日公司与广发银行股份有限公 司嘉兴分行签署了相关的最高额保证合同,在人民币 5,000 万元的最高余额内为 上述担保提供连带责任保证。 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 ...

证券代码：603889 证券简称：新澳股份 公告编号：2024-010 浙江新澳纺织股份有限公司 关于设立全资子公司的公告 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： 一、概述 浙江新澳纺织股份有限公司（以下简称"公司"）为满足未来发展规划需要， 进一步做大做强公司主业，在宁夏设立全资子公司新澳纺织（银川）有限公司（以 下简称"子公司"），注册资本人民币5,000万元。当前，该子公司已经完成工商 注册登记并取得营业执照。 根据《上海证券交易所股票上市规则》《公司章程》等相关规定，本次事项 无需提交董事会、股东大会审议，亦不属于关联交易和重大资产重组事项。 本次设立的公司在实际运营过程中可能面临经济环境等方面的风险。公司将 利用自身经营及管理优势，积极有效防范和降低风险。敬请广大投资者理性投资， 注意投资风险。 子公司名称：新澳纺织（银川）有限公司 注册资本：5,000 万元 相关风险提示：全资子公司在实际运营过程中可能面临经济环境等方面 的风险。敬请广大投资者理性投资，注意投资风险。 1、公司名称：新 ...

核心观点 ⚫ 我们预测公司 2023-2025 年每股收益为 0.56、0.66、0.76 元，参照可比公司，给予 公司 2024 年 13 倍 PE，对应目标价 8.54 元，首次给予"增持"评级。 风险提示：原材料价格波动，产能扩张不及预期，市场需求波动，汇率变动。 | --- | --- | --- | --- | --- | |----------------------|---------------|--------|----------------|----------------| | | | | | | | | | | 增持 | （首次） | | 股价（ 2024 年 | 03 月 11 日） | | | 7.03 元 | | 目标价格 | | | | 8.54 元 | | 52 周最高价 / | 最低价 | | | 8.58/5.24 元 | | 总股本 / 流通 A | 股（万股） | | | 73,066/71,644 | | A 股市值（百万元） | | | | 5,137 | | 国家 / 地区 | | | | 中国 | | 行业 | | | | 纺织服装 | | 报告发布日期 | ...

证券代码：603889 证券简称：新澳股份 公告编号：2024-009 浙江新澳纺织股份有限公司（以下简称"公司"或"本公司"）控股 股东浙江新澳实业有限公司（以下简称"新澳实业"）持有本公司股 份数量222,768,000股，占公司总股本的30.49%。本次解除质押后，新 澳实业累计质押股份数量63,000,000股，占其所持股份比例28.28%，占 公司总股本比例8.62%。 控股股东新澳实业、实际控制人沈建华及其一致行动人沈嘉枫合计持 有公司股份数量328,936,189股，本次解除质押后，累计质押股份数量 63,000,000股，累计质押股份占其合计持有公司股份数量的19.15%，占 公司总股本的8.62%。 | 持股数量 | 222,768,000 | | --- | --- | | 持股比例 | 30.49% | | 剩余被质押股份数量 | 63,000,000 | | 剩余被质押股份数量占其所持股份比例 | 28.28% | | 剩余被质押股份数量占公司总股本比例 | 8.62% | 浙江新澳纺织股份有限公司 关于控股股东部分股份解除质押的公告 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 ...

浙江新澳纺织股份有限公司 关于控股股东部分股份解除质押的公告 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。 证券代码：603889 证券简称：新澳股份 公告编号：2024-008 | | | 持股比 | 本次解除质 | 本次解除质 | 占其所 | 占公司 | 已质押 | 已质押股份情况 已质押 | 未质押 | 未质押股份情况 未质押 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 股东 | | | | | 持股份 | 总股本 | | | | | | 名称 | 持股数量 | 例 | 押前累计质 | 押后累计质 | 比例 | 比例 | 股份中 | 股份中 | 股份中 | 股份中 | | | | （%） | 押数量 | 押数量 | （%） | （%） | 限售股 | 冻结股 | 限售股 | 冻结股 | | | | | | | | | 份数量 | 份数量 | 份数量 | 份数量 | | 新澳 | 222,768,000 | 30.4 ...

浙江新澳纺织股份有限公司 关于公司与子公司、子公司之间提供担保的进展公告 证券代码：603889 证券简称：新澳股份 公告编号：2024-007 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: 被担保人名称： 1、浙江新澳纺织股份有限公司（以下简称"公司"或"本公司"）； 2、新澳纺织（越南）有限公司（以下简称 "新澳越南"），系公司之全资子 公司； 3、浙江新中和羊毛有限公司（以下简称"新中和"），系公司之全资子公司； 本次担保金额： 1、公司之全资子公司新中和为公司担保金额为人民币 10,500 万元，截至公 告披露日，子公司已实际为公司提供的担保余额为 7,298.63 万元。 2、公司之控股子公司浙江厚源纺织股份有限公司（以下简称"厚源纺织"） 为新澳越南开立信用证担保债权合计 630 万元，截至公告披露日，公司及子公司 已实际为新澳越南提供的担保余额为 16,920.00 万元。 3、公司为全资子公司新中和担保金额为人民币 15,000 万元，截至公告披露 日，公司及公司子公司已实际为新中和提供 ...

Investment Rating - The investment rating for the company is "Buy" and it is maintained [12]. Core Viewpoints - The company has shown significant growth in revenue driven by the rapid expansion of cashmere yarn production, with a capacity utilization rate that still has considerable room for improvement [5][33]. - The cashmere spinning industry in China is stable with a concentrated market structure, where the company ranks second domestically and third globally in cashmere yarn production capacity [7]. - The company has a diversified product structure and has established a strong market presence with over 5000 global customers, including more than 500 mid-to-high-end clothing brands [54][81]. Summary by Sections Company Overview - The company has been deeply engaged in the wool spinning industry for over 30 years, focusing on high-end products and expanding its market reach through strategic acquisitions and capacity expansions [33][81]. - As of the first half of 2023, the company has a wool spinning capacity of approximately 15,000 tons and a cashmere yarn capacity of about 3,030 tons [82]. Financial Performance - In 2022, the company achieved a revenue of 39.5 billion yuan, representing a year-on-year increase of 15%, and a net profit of 3.9 billion yuan, up 31% year-on-year [11][33]. - The compound annual growth rate (CAGR) for revenue and net profit from 2017 to 2022 was 11% and 13%, respectively [33]. Market Position - The company is positioned as a leader in the wool spinning industry, with a significant market share in both domestic and international markets [6][13]. - The cashmere yarn business has rapidly expanded, with revenue growth driven by market penetration strategies and product diversification [101]. Production Capacity and Strategy - The company has implemented a "broadband strategy" since 2020, focusing on expanding product categories, promoting sales through production, and increasing capacity [72][73]. - The production capacity for cashmere yarn is expected to increase significantly, with ongoing market expansion and equipment upgrades [5][14]. Governance and Management - The company's management team is experienced and stable, with a concentrated shareholding structure that enhances management effectiveness [106][107].