国泰海通证券股份有限公司 关于江苏国茂减速机股份有限公司 2024 年度募集资金存放与实际使用情况的专项核查意见 国泰海通证券股份有限公司（以下简称"国泰海通"、"保荐机构"）作为 江苏国茂减速机股份有限公司（以下简称"国茂股份"、"公司"）首次公开发 行股票并上市的保荐机构，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》、《上海证券交易所上市公司自律监管指引第 1 号——规范运作》 等相关法规和规范性文件的要求，对国茂股份 2024 年度募集资金存放与实际使 用情况进行了审慎核查，核查情况及核查意见如下： 一、募集资金基本情况 (一) 实际募集资金金额、资金到位情况 经中国证券监督管理委员会以证监许可[2019]916 号《关于核准江苏国茂减 速机股份有限公司首次公开发行股票的批复》核准，公司申请新增注册资本人民 币 84,380,000.00 元，向社会公开发行人民币普通股（A 股）84,380,000 股，每 股发行价格 10.35 元，募集资金总额 873,333,000.00 元，扣除各项发行费用 73 ...

江苏国茂减速机股份有限公司 审计报告及财务报表 二〇二四年度 您可使用手机"扫一扫"或进入"注册会计师行业统一监管平台（http://acc.mof.gov.cn）"进行查验 报告编码:沪25XDX the 江苏国茂减速机股份有限公司 审计报告及财务报表 (2024 年 01 月 01 日至 2024 年 12 月 31 日止) | 目录 | 页次 | | --- | --- | | 审计报告 | 1-4 | | 财务报表 | | | 合并资产负债表和母公司资产负债表 | 1-4 | | 合并利润表和母公司利润表 | 5-6 | | 合并现金流量表和母公司现金流量表 | 7-8 | | 合并所有者权益变动表和母公司所有者权益变动表 | 9-12 | | 财务报表附注 | 1-107 | 立信会计师事务所(特殊普通合伙) BDO CHINA SHU LUN PAN CERTIFIED PUBLIC ACCOUNTANTS LLF 审计报告 信会师报字[2025]第 ZF10628 号 江苏国茂减速机股份有限公司全体股东: 一、审计意见 我们审计了江苏国茂减速机股份有限公司(以下简称国茂股份) 财务报表,包括 2 ...

上海君澜律师事务所 关于 江苏国茂减速机股份有限公司 2020 年限制性股票激励计划 调整回购价格、数量及回购注销部分限制性股票 之 法律意见书 二〇二五年四月 上海君澜律师事务所 法律意见书 上海君澜律师事务所 关于江苏国茂减速机股份有限公司 2020 年限制性股票激励计划 调整回购价格、数量及回购注销部分限制性股票之 法律意见书 致：江苏国茂减速机股份有限公司 上海君澜律师事务所（以下简称"本所"）接受江苏国茂减速机股份有限 公司（以下简称"公司"或"国茂股份"）的委托，根据《上市公司股权激励 管理办法》（以下简称"《管理办法》"）《江苏国茂减速机股份有限公司 2020 年限制性股票激励计划》（以下简称"《激励计划》"或"本次激励计 划"）的规定，就国茂股份本次激励计划调整回购价格、数量及回购注销部分 限制性股票相关事项（以下简称"本次调整及回购注销"）相关事项出具本法 律意见书。 对本法律意见书，本所律师声明如下： （一）本所律师依据《中华人民共和国证券法》《律师事务所从事证券法 律业务管理办法》和《律师事务所证券法律业务执业规则（试行）》等规定及 本法律意见书出具日以前已经发生或者存在的事实，严格履行 ...

江苏国茂减速机股份有限公司 内部控制审计报告 2024 年度 您可使用手机"扫一扫"或进入"注册会计师行业统一些管正么 几乎 : 内部控制审计报告 信会师报字[2025]第 ZF10629 号 江苏国茂减速机股份有限公司全体股东: 按照《企业内部控制审计指引》及中国注册会计师执业准则的相 关要求,我们审计了江苏国茂减速机股份有限公司(以下简称国茂股 份)2024年12月31日的财务报告内部控制的有效性。 一、企业对内部控制的责任 按照《企业内部控制基本规范》、《企业内部控制应用指引》、《企 业内部控制评价指引》的规定,建立健全和有效实施内部控制,并评 价其有效性是国茂股份董事会的责任。 二、注册会计师的责任 我们的责任是在实施审计工作的基础上,对财务报告内部控制的 有效性发表审计意见,并对注意到的非财务报告内部控制的重大缺陷 进行披露。 三、内部控制的固有局限性 内部控制具有固有局限性,存在不能防止和发现错报的可能性。 此外,由于情况的变化可能导致内部控制变得不恰当,或对控制政策 和程序遵循的程度降低,根据内部控制审计结果推测未来内部控制的 有效性具有一定风险。 内控审计报告 第1页 立信会计师事务所(特殊普 ...

Financial Performance - The company's operating revenue for Q1 2025 was CNY 601,698,015.35, representing a year-on-year increase of 2.82% compared to CNY 585,210,882.65 in the same period last year[4]. - Net profit attributable to shareholders decreased by 33.43% to CNY 43,033,691.66 from CNY 64,645,049.14 in the previous year[4]. - Basic earnings per share decreased by 30.00% to CNY 0.07 from CNY 0.10 in the previous year[5]. - The net profit after deducting non-recurring gains and losses also fell by 33.31% to CNY 38,321,410.58 from CNY 57,465,566.84 in the previous year[4]. - The company reported a total comprehensive income of ¥43,536,198.19 for Q1 2025, compared to ¥64,457,612.59 in Q1 2024, a decrease of 32.4%[20]. Cash Flow - The net cash flow from operating activities turned negative at CNY -89,972,573.42, a significant decline from CNY 7,063,675.58 in the same period last year, marking a decrease of 1,373.74%[4]. - In Q1 2025, the cash inflow from operating activities was CNY 541,220,703.75, a decrease of 9.36% compared to CNY 597,072,995.82 in Q1 2024[21]. - The total cash outflow from operating activities was CNY 631,193,277.17, an increase from CNY 590,009,320.24 in the previous year[21]. - The ending cash and cash equivalents balance was CNY 488,377,997.91, down from CNY 630,551,051.30 in Q1 2024[22]. - Cash inflow from investment activities totaled CNY 417,586,570.18, down 33.24% from CNY 625,469,805.81 in Q1 2024[22]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 5,225,894,666.87, down 2.28% from CNY 5,347,623,831.51 at the end of the previous year[5]. - Current assets decreased to RMB 3,519,005,721.66 from RMB 3,614,364,049.45, indicating a decline of approximately 2.63%[14]. - The total liabilities decreased from ¥1,629,015,121.70 in the previous period to ¥1,463,749,758.87, a reduction of 10.2%[16]. - The total equity attributable to shareholders increased to ¥3,702,809,083.69 from ¥3,659,766,282.33, reflecting a growth of 1.2%[16]. Operational Efficiency - The decline in net profit was primarily attributed to a decrease in product prices, leading to a lower gross profit margin[8]. - The company's cash flow management strategies are under review to enhance liquidity and operational efficiency[19]. - The company reported no significant changes in the shareholder structure or any related party transactions during the reporting period[12]. - The company has not engaged in any margin financing or securities lending activities during the reporting period[12]. Research and Development - The company's R&D expenses increased to ¥30,513,108.59 in Q1 2025, compared to ¥24,030,803.52 in Q1 2024, marking a growth of 27.1%[19]. Future Outlook - Future outlook includes a focus on expanding market presence and investing in new technologies to drive growth[19]. - There are no significant new strategies or product developments mentioned in the conference call[13].

Financial Performance - The company's operating revenue for 2024 was CNY 2,589,429,841.71, a decrease of 2.67% compared to CNY 2,660,414,937.05 in 2023[21]. - The net profit attributable to shareholders for 2024 was CNY 293,522,767.79, down 25.78% from CNY 395,500,856.38 in 2023[21]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 206,479,719.98, a decline of 42.18% from CNY 357,107,067.00 in 2023[21]. - The company's basic earnings per share decreased by 25.00% to CNY 0.45 in 2024, down from CNY 0.60 in 2023[23]. - Net profit attributable to shareholders dropped by 42.18%, primarily due to intense market competition and underperformance of the acquired subsidiary, resulting in goodwill impairment[23]. - The company's operating costs increased by 3.34% to approximately CNY 2.04 billion, resulting in a gross profit margin of 20.46%[57]. - The total revenue for 2024 was CNY 2,589,429,841.71, a decline of 2.67% year-on-year[29]. - The company reported a net profit of CNY 293,522,767.79, representing a decrease of 25.78% compared to the previous year[30]. Cash Flow and Assets - The net cash flow from operating activities increased by 11.53% to CNY 594,482,184.28 in 2024, compared to CNY 533,009,831.30 in 2023[22]. - The total assets at the end of 2024 were CNY 5,347,623,831.51, reflecting a growth of 6.66% from CNY 5,013,784,332.71 at the end of 2023[22]. - The net assets attributable to shareholders increased by 1.91% to CNY 3,659,766,282.33 at the end of 2024, compared to CNY 3,591,036,040.58 at the end of 2023[22]. - The company's cash and cash equivalents increased by 172.38% to ¥1,895,823,524.76, up from ¥696,027,428.40 in the previous period, mainly due to the recovery of financial investments[66]. Dividends and Shareholder Returns - The company plans to distribute a cash dividend of CNY 0.12 per share (including tax) to all shareholders based on the total share capital as of the dividend record date[5]. - The company implemented a cash dividend policy, distributing a total of 132,389,124.00 CNY (including tax) for the 2023 fiscal year, which accounts for 33.47% of the net profit attributable to shareholders[111]. - For the first half of 2024, the company distributed cash dividends totaling 79,090,611.60 CNY (including tax), representing 54.06% of the net profit attributable to shareholders[112]. Market and Industry Trends - The market for gear reducers is gradually recovering, supported by government policies and trends towards automation and low-carbon transformation[29]. - The reduction gear industry in China is experiencing a weak recovery, influenced by cautious capital expenditure and overall weak equipment order volume in 2024[40]. - The government has implemented policies to support the high-end manufacturing sector, which is expected to invigorate demand for precision reducers[41]. - The sales of high-end products were significantly impacted by the decline in demand from the lithium battery industry, prompting the company to adjust its strategic direction and focus on market demand changes[32]. Research and Development - The company is committed to continuous R&D investment, focusing on cost reduction and efficiency improvement through various process optimization projects[38]. - The company has been recognized as a "National Intellectual Property Advantage Enterprise" with a total of 352 domestic patents, including 71 invention patents[52]. - The company is focusing on R&D projects including the development of gear reducers for marine lifting platforms and 5G multi-axis straightening machines[64]. - The company has completed the construction of its R&D center, enhancing its capabilities for foundational research and cutting-edge technology development[65]. Operational Efficiency and Strategy - The company is focusing on high-quality development and internal efficiency improvements amid a challenging industry environment[29]. - The company completed the full integration of its operational management system (GOS) across various departments, enhancing efficiency and quality in production and logistics[36]. - The company has established a comprehensive compensation system that includes performance-based salaries, annual salaries, and various other compensation methods[107]. - The company is committed to accelerating digital and intelligent transformation, integrating AI technologies into manufacturing and business operations[84]. Governance and Compliance - The company maintained strict compliance with corporate governance regulations, ensuring the protection of shareholder interests[89]. - The company has no significant differences in governance compared to regulatory requirements[89]. - The company has not reported any non-operating fund occupation by controlling shareholders or related parties during the reporting period[145]. - The company guarantees that the prospectus does not contain any false statements or significant omissions, taking legal responsibility for its accuracy and completeness[137]. Acquisitions and Investments - The company acquired 65% equity in Moduli, resulting in goodwill of ¥93,610,625.84, reflecting a significant investment strategy[66]. - The total investment in Moduli Intelligent Transmission reached ¥204,750,000.00, marking a new strategic acquisition for the company[73]. - The company has set performance commitments for the acquisition of Moduli Transmission, with net profits for 2023, 2024, and 2025 expected to be no less than RMB 21 million, RMB 44 million, and RMB 72 million respectively[141]. Employee and Workforce Management - The company has a total of 2,562 employees, with 2,055 in the parent company and 507 in major subsidiaries[105]. - The company has a training plan in place aimed at enhancing the skills and capabilities of its workforce to support high-quality development[108]. - The total remuneration for all directors, supervisors, and senior management personnel at the end of the reporting period amounted to 4.2316 million yuan[96]. Environmental Responsibility - The company invested RMB 463.53 million in environmental protection during the reporting period[124]. - The company has established a comprehensive environmental management system and received the title of "Jiangsu Province Green Development Leading Enterprise"[127]. - The company achieved zero emissions for sulfur dioxide (SO₂) and maintained particulate matter emissions at a rate of 0.005 kg/h through effective pollution control measures[128].

江苏国茂减速机股份有限公司 内幕信息知情人登记管理制度 第一章 总则 第一条 为进一步规范江苏国茂减速机股份有限公司(以下简称"公司")的内幕 信息管理，加强内幕信息保密工作，提高公司股东、董事、监事、高级管理人员及 其他内幕信息知情人的法制、自律意识，杜绝内幕交易等违法违规行为，维护证券 市场"公开、公平、公正"的原则，根据《中华人民共和国公司法》、《中华人民共 和国证券法》（以下简称"证券法"）、《上市公司信息披露管理办法》、《上海证 券交易所上市公司自律监管指引第 2 号——信息披露事务管理》、《上市公司监管 指引第 5 号——上市公司内幕信息知情人登记管理制度》、《上市公司治理准则》、 《上海证券交易所股票上市规则》等法律法规以及《江苏国茂减速机股份有限公司 章程》（以下简称"《公司章程》"）的有关规定，制定本制度。 第二条 公司内幕信息管理工作由董事会统一领导和管理，公司董事会应当按 照相关规则要求及时登记和报送内幕信息知情人档案，并保证内幕信息知情人档案 真实、准确和完整，董事长为主要责任人。董事会秘书组织实施，负责办理公司内 幕信息知情人的登记入档和报送事宜，当董事会秘书不能履行职责时，由证券事 ...

江苏国茂减速机股份有限公司 （二）独立性情况说明 报告期内，本人具备《上市公司独立董事规则》等规定的独立董事任职条件， 未受过中国证监会及其他有关部门的处罚和证券交易所惩戒，不存在《公司法》 《公司章程》中规定的不得担任公司独立董事的情形。本人及直系亲属、主要社 会关系均不在公司或其子公司任职，未在公司担任除独立董事以外的任何职务； 与公司及公司主要股东之间不存在可能妨碍进行独立客观判断的关系，没有从公 司及其主要股东或有利害关系的机构和人员处取得额外的、未予披露的其他利 益，没有为公司或其附属企业提供财务、法律、管理咨询、技术咨询等服务，不 存在影响独立性的情况。 2024 年度独立董事述职报告（李芸达） 本人作为江苏国茂减速机股份有限公司（以下简称"公司"）的独立董事， 严格按照《中华人民共和国公司法》、《中华人民共和国证券法》、《上市公司 独立董事管理办法》等法律法规和规章制度的要求，恪尽职守、勤勉尽责，积极 参与公司决策，出席相关会议，按规定对相关事项发表客观、公正的意见，充分 发挥了独立董事的独立性与监督作用切实维护了公司和股东的合法权益。现将本 人报告期内履职情况汇报如下： 一、基本情况 (一)个 ...

江苏国茂减速机股份有限公司 章程 | | | | | | 江苏国茂减速机股份有限公司章程 第一章 总 则 第一条 为维护江苏国茂减速机股份有限公司（以下简称"公司"）、股东、 职工和债权人的合法利益，规范公司的组织和行为，根据《中华人民共和国公司 法》（以下简称"《公司法》"）、《中华人民共和国证券法》（以下简称"《证 券法》"）和其他有关规定，制定本章程。 第二条 公司系依照《公司法》和其他有关规定成立的股份有限公司。 公司以常州市国茂立德传动设备有限公司（以下简称"有限公司"）整体变更 发起方式设立；目前在江苏省常州市行政审批局注册登记，取得营业执照，统一 社会信用代码：91320412064534407K。 第三条 公司于 2019 年 5 月 21 日经中国证券监督管理委员会（以下简称"中 国证监会"）核准，首次向社会公众发行人民币普通股 84,380,000 股，于 2019 年 6 月 14 日在上海证券交易所上市。 第四条 公司注册名称：江苏国茂减速机股份有限公司。 英文名称：Jiangsu Guomao Reducer Co.,Ltd. 第五条 公司住所：常州市武进高新技术产业开发区龙潜路 9 ...