证券代码：605128 证券简称：上海沿浦 公告编号：2025-015 转债代码：111008 转债简称：沿浦转债 上海沿浦金属制品股份有限公司 关于使用部分闲置募集资金进行现金管理的公告 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： 一、募集资金基本情况 （一）公司可转换公司债券的募集资金基本情况 经中国证券监督管理委员会《关于核准上海沿浦金属制品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]2211 号）核准，上海沿浦金属制品股份有限公司向社会公 开发行可转换公司债券 384 万张，每张面值为人民币 100 元，募集资金总额为人民币 384,000,000.00 元。2022 年 11 月 8 日，在扣除承销与保荐费用（不含增值税）人民币 4,347,169.81 元后，中银国际证券股份有限公司划款了 379,652,830.19 元给上海沿浦金属制品股份有限公 现金管理受托方：金融机构 本次现金管理金额：使用不超过人民币 0.5 亿元可转换公司债券募集资金及不超过人 民币 2.5 亿 ...

| 证券代码：605128 | 证券简称：上海沿浦 | 公告编号：2025-014 | | --- | --- | --- | | 转债代码：111008 | 转债简称：沿浦转债 | | 二、监事会会议审议情况 与会监事以记名投票表决方式审议并通过了以下议案： 1、《关于使用部分闲置募集资金进行现金管理的议案》； 公司在确保公司募投项目所需资金和保证募集资金安全的前提下对部分暂时闲置募集资 金适时进行现金管理，不会影响公司日常资金正常周转的需要和募集资金项目的正常运转， 也不会影响公司主营业务的正常发展，并且可以提高募集资金使用效率，获得一定的投资收 益。因此公司监事会同意公司使用最高不超过人民币 5,000 万元可转换债券募集资金及不超 过 25,000 万元向特定对象发行股票募集资金进行现金管理。 表决结果：3 名赞成，占全体监事人数的 100%；0 名弃权；0 名反对。 上海沿浦金属制品股份有限公司 关于第五届监事会第十二次会议决议的公告 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个别及连带责任。 一、监事会会议召开情况 上海 ...

| 证券代码：605128 | 证券简称：上海沿浦 | 公告编号：2025-013 | | --- | --- | --- | | 转债代码：111008 | 转债简称：沿浦转债 | | 上海沿浦金属制品股份有限公司 关于第五届董事会第十六次会议决议的公告 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。 一、董事会会议召开情况 上海沿浦金属制品股份有限公司（以下简称"公司"）于 2025 年 2 月 19 日上午 9 点在 公司会议室召开第五届董事会第十六次会议。会议通知于 2025 年 2 月 17 日以专人送达、电 话及电子邮件方式发出。本次会议由公司董事长周建清先生召集和主持，会议应出席董事 9 人，实际出席董事 9 人，公司监事及高级管理人员列席了本次会议。本次会议的召集和召开 符合《中华人民共和国公司法》和《上海沿浦金属制品股份有限公司章程》的有关规定，会 议合法有效。 二、董事会会议审议情况 公司在确保公司募投项目所需资金和保证募集资金安全的前提下对部分暂时闲置募集资 金适时进行现金管理，不会影响公司日常资金 ...

董 事 会 海通证券为公司向特定对象发行股票项目（以下简称"本项目"）的持续督导机构，持续 督导期限至 2025 年 12 月 31 日。海通证券原委派朱济赛先生、李华东先生作为持续督导保荐 代表人。现因朱济赛先生工作变动原因，不再担任本项目的持续督导保荐代表人。为保证持 续督导工作的有序进行，海通证券现委派周航宁先生（简历附后）为本项目的持续督导保荐 代表人，接替朱济赛先生继续履行持续督导责任。 本次保荐代表人变更后，公司向特定对象发行股票项目的持续督导保荐代表人为李华东 先生和周航宁先生。本次变更不影响海通证券对公司的持续督导工作，公司董事会对于朱济 赛先生在公司持续督导期间所做出的贡献表示衷心的感谢！ 特此公告 上海沿浦金属制品股份有限公司 证券代码：605128 证券简称：上海沿浦 公告编号：2025-012 转债代码：111008 转债简称：沿浦转债 上海沿浦金属制品股份有限公司 关于变更持续督导保荐代表人的公告 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。 上海沿浦金属制品股份有限公司（以下简称"公司"）于近日收 ...

Investment Rating - The report maintains a "Recommended" rating for the company [6] Core Views - The company is expected to achieve a significant year-on-year increase in net profit for 2024, projected at approximately 137 million yuan, representing a growth of 50.66% [1] - The growth is attributed to strict cost control, increased production capacity from new projects, and continuous improvements in production efficiency [1] - The company has successfully expanded its customer base, securing multiple projects that are expected to contribute approximately 60.59 billion yuan in revenue over five years, significantly boosting its income [2] - The company is diversifying its product offerings beyond automotive seats to include railway containers and high-speed train seats, which are anticipated to enhance long-term growth [3] - The company is well-positioned to capitalize on the trend of electric and intelligent vehicle transformations, aiming for market share expansion through competitive pricing and rapid response capabilities [4] Financial Forecasts - The projected revenues for 2024, 2025, and 2026 are 2.252 billion yuan, 3.139 billion yuan, and 4.091 billion yuan respectively, with corresponding net profits of 137 million yuan, 204 million yuan, and 297 million yuan [5][10] - The earnings per share (EPS) are expected to increase from 1.05 yuan in 2024 to 2.28 yuan in 2026, with price-to-earnings (PE) ratios decreasing from 35 to 16 over the same period [5][10]

Investment Rating - The investment rating for Shanghai Yanpu (605128.SH) is not explicitly stated in the provided content, but the report indicates a positive outlook with expected profit growth [1]. Core Views - The company is expected to achieve a net profit of approximately 137 million yuan in 2024, representing a year-on-year increase of about 50.66% [1]. - The company has a strong order backlog and is set to increase production in new projects, indicating robust growth potential [3]. - The company has established solid relationships with major automotive parts manufacturers and is becoming a key supplier to major automotive brands [3]. - The expansion into railway specialized containers and high-speed train seating projects is expected to further enhance growth capabilities [3]. - Profit forecasts for 2024-2026 indicate net profits of 140 million yuan, 220 million yuan, and 300 million yuan, respectively, with corresponding EPS of 1.05, 1.71, and 2.34 yuan [3]. Summary by Relevant Sections Financial Performance - Total revenue is projected to grow from 1,122 million yuan in 2022 to 3,770 million yuan in 2026, with a compound annual growth rate (CAGR) of approximately 23.8% [4]. - The net profit is expected to increase from 46 million yuan in 2022 to 304 million yuan in 2026, reflecting a significant recovery and growth trajectory [4]. - The gross margin is anticipated to improve from 13.2% in 2022 to 18.0% in 2026 [4]. - The return on equity (ROE) is projected to rise from 4.1% in 2022 to 13.5% in 2026 [4]. Business Development - The company has successfully entered the production phase for new projects, with a strong market order volume [3]. - It has established itself as a significant strategic supplier for major automotive groups, enhancing its revenue growth potential [3]. - The company is diversifying its business by expanding into new sectors such as railway containers and high-speed train seating, which are expected to contribute to future growth [3].

Financial Performance Forecast - The company expects a net profit attributable to shareholders of approximately 137 million yuan for 2024, an increase of about 46 million yuan compared to the previous year, representing a year-on-year increase of approximately 50.66%[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses is expected to be around 129 million yuan for 2024, an increase of about 42 million yuan compared to the previous year, representing a year-on-year increase of approximately 47.27%[5] - The earnings per share for 2023 was 1.14 yuan[6] Factors Contributing to Profit Increase - The main reasons for the profit increase in 2024 include continuous lean production and process improvements, leading to enhanced production efficiency and cost reductions[7] - The company has seen an increase in new projects entering mass production in 2024, with sufficient market order volume and improved capacity utilization, resulting in lower costs[12] - The company emphasizes strict cost control and effective team collaboration to ensure execution[12] Forecast Validity and Disclosure - The performance forecast is based on preliminary estimates by the company's finance department and has not been audited by registered accountants[8] - There are no significant uncertainties affecting the accuracy of this performance forecast[8] - The forecast data is preliminary and the specific financial data will be disclosed in the official 2024 annual report[9] - The performance forecast period is from January 1, 2024, to December 31, 2024[5]

Core Viewpoint - Shanghai Yanpu has secured significant contracts for automotive seat frame assembly from important clients, indicating strong revenue potential in the automotive supply sector [1] Group 1: Contract Details - Yanpu's subsidiary, Liuzhou Yanpu Automotive Technology Co., received a "designated notification" from a major client in Shenzhen to supply seat frame assemblies for a specific vehicle model, with an estimated revenue of approximately 520.13 million yuan over a project lifecycle of 5 years (2025-2030) [1] - Another subsidiary, Huangshan Yanpu Metal Products Co., has also received a "designated letter" for two vehicle models, with the first project expected to generate around 2.0594 billion yuan over a 7-year lifecycle (2025-2032) [1] - The second vehicle model project is projected to yield about 862.66 million yuan over a 4-year lifecycle (2025-2028) [1]

海通证券股份有限公司 关于上海沿浦金属制品股份有限公司向特定对象发行股票募集 资金投资项目增加实施主体、实施地点并延期的核查意见 海通证券股份有限公司（以下简称"海通证券"或"保荐机构"）作为上海 沿浦金属制品股份有限公司（以下简称"上海沿浦"或"公司"） 向特定对象 发行股票持续督导保荐机构，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，对公司向特定对象发行股票募集资金投资项目增加实施主体、实施 地点并延期事项进行了核查，具体情况如下： 1 公司向特定对象发行股票募集资金项目具体如下： 单位：元 | 序 号 | 项目名称 | | 项目投资 | 募集资金投入 | 调整后拟投入 募集资金金额 | | --- | --- | --- | --- | --- | --- | | 1 | 惠州沿浦高级新能源汽车座椅骨 | | 206,827,100.00 | 145,500,000.00 | 143,327,550.30 | | | 架生产项目 | | | | ...

海通证券股份有限公司 关于上海沿浦金属制品股份有限公司部分可转债募集资金投资 项目增加实施主体、实施地点并延期的核查意见 海通证券股份有限公司（以下简称"海通证券"或"保荐机构"）作为上海 沿浦金属制品股份有限公司（以下简称"上海沿浦"或"公司"） 公开发行A 股可转换公司债券持续督导保荐机构，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，对公司部分可转债募集资金投资项目增加实施主体、实施 地点并延期事项进行了核查，具体情况如下： 一、募集资金及项目基本情况 经中国证券监督管理委员会出具的《关于核准上海沿浦金属制品股份有限公 司公开发行可转换公司债券的批复》（证监许可[2022]2211 号）核准，上海沿浦 金属制品股份有限公司于 2022 年 11 月 2 日向社会公开发行可转换公司债券 384 万张，每张面值为人民币 100 元，募集资金总额为人民币 384,000,000.00 元，期 限 6 年，扣除承销与保荐费用（不含增值税）人民币 4,34 ...