| 证券代码：605128 | 证券简称：上海沿浦 | 公告编号：2024-040 | | --- | --- | --- | | 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 关于召开 2024 年第二次临时股东大会的通知 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、 召开会议的基本情况 (一) 股东大会类型和届次 2024 年第二次临时股东大会 召开的日期时间：2024 年 6 月 7 日 14 点 00 分 召开地点：上海市闵行区浦江镇江凯路 128 号上海沿浦金属制品股份有限公司行政 大楼四楼会议室（八） (五) 网络投票的系统、起止日期和投票时间。 采用上海证券交易所网络投票系统，通过交易系统投票平台的投票时间为股东大会 召开当日的交易时间段，即 9:15-9:25,9:30-11:30，13:00-15:00；通过互联网投票平 台的投票时间为股东大会召开当日的 9:15-15:00。 (六) 融资融券、转融通、约定购回业务账户和沪股通投资者的投票程序 ...

证券代码：605128 债券代码：111008 证券简称：上海沿浦 债券简称：沿浦转债 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 2024 年第一次临时受托管理事务报告 债券受托管理人 上海市浦东新区银城中路200号中银大厦39楼 二〇二四年五月 重要声明 本报告依据《公司债券发行与交易管理办法》（以下简称"《管理办法》" ）、《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之债券受托管 理协议》（以下简称"《受托管理协议》"）、《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募集说明书》（以下简称"《募集说明书》"）等相 关公开信息披露文件、第三方中介机构出具的专业意见等，由本期债券受托管 理人中银国际证券股份有限公司（以下简称"中银证券"）编制。 本报告不构成对投资者进行或不进行某项行为的推荐意见，投资者应对相 关事宜做出独立判断，而不应将本报告中的任何内容据以作为中银证券所作的承 诺或声明。在任何情况下，投资者依据本报告所进行的任何作为或不作为，中 银证券不承担任何责任。 2 中银证券作为上海沿浦金属制品股份有限公司（以下简称"上海沿浦"、"公 司"或"发行人"）公开发行可转换公司 ...

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法律责任。 重要内容提示： 证券停复牌情况：适用 因实施权益分派,本公司的相关证券停复牌情况如下： 证券代码：605128 证券简称：上海沿浦 公告编号：2024-034 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 | 证券代码 | 证券简称 | 停复牌类型 | 停牌起始日 | 停牌 | 停牌终 | 复牌日 | | --- | --- | --- | --- | --- | --- | --- | | | | | | 期间 | 止日 | | | 111008 | 沿浦转债 | 可转债转股停牌 | 2024/5/13 | | | | 2023 年度权益分派公告前一交易日（2024 年 5 月 13 日）至权益分派股权登记 日期间，"沿浦转债"将停止转股。 关于实施 2023 年度权益分派时"沿浦转债"停止转股 （一）公司将于 2024 年 5 月 14 日在指定媒体披露权益分派实施公告和可转 债转股价格调整公告。 （二）自 2024 年 5 月 13 ...

Investment Rating - Buy rating maintained for the company [8] Core Views - The company is expanding into the seat assembly business, leveraging its position as a leading player in the automotive seat frame market [2] - The company's Q1 2024 revenue reached a historical high, meeting expectations with a 103.44% YoY increase [4] - The company's profitability is expected to accelerate, driven by new clients and businesses, with a projected 108% YoY growth in net profit for 2024 [5] - The company's mid-term growth is supported by its entry into the passenger car seat market, which is characterized by large market size and favorable competitive dynamics [2][5] Financial Performance - Q1 2024 revenue: RMB 570 million, up 103.44% YoY [4] - Q1 2024 net profit: RMB 32 million, up 190% YoY [4] - 2024E revenue: RMB 2,582 million, up 70% YoY [4] - 2024E net profit: RMB 190 million, up 108% YoY [4] - 2024E EPS: RMB 2.37, up 108% YoY [4] - 2024E P/E ratio: 19.7x [4] Industry Analysis - The passenger car seat market is expected to reach RMB 150 billion by 2025, with a CAGR of 17% [5] - The global seat market is highly concentrated, with the top 5 players accounting for over 85% of the market [5] - In China, the top 5 players hold over 70% of the market, all of which are foreign companies [5] - The company's core advantage lies in its seat frame technology, which accounts for nearly 70% of the total investment in seat manufacturing [5] Business Outlook - The company's new businesses, including railway containers and high-speed rail seats, are expected to contribute significantly to future growth [18] - The company's profitability is expected to improve as new businesses scale up and stabilize [17] - The company's revenue growth is driven by strong demand from clients such as BYD and Seres, as well as the ramp-up of new businesses [17][18] Financial Ratios - 2024E ROE: 14% [4] - 2024E net profit margin: 7.3% [21] - 2024E asset turnover ratio: 0.7 [21] - 2024E current ratio: 1.5 [21] - 2024E quick ratio: 1.2 [21]

Investment Rating - The investment rating for the company is "Buy" (maintained) [4] Core Views - The report highlights that the company achieved a record high quarterly performance in Q1 2024, with revenue reaching 5.69 billion yuan, representing a year-on-year increase of 103% and a quarter-on-quarter increase of 14% [4] - The net profit attributable to the parent company for Q1 2024 was 0.32 billion yuan, showing a year-on-year increase of 1.9 times and a quarter-on-quarter increase of 16% [4] - The report emphasizes strong performance in the revenue segment, driven by the robust sales of the Wanjie M7 model and the railway special container project, which is expected to contribute significantly to future revenues [4][5] Financial Performance Summary - The company is projected to achieve revenues of 2.65 billion yuan in 2024, with a year-on-year growth rate of 74.5% [11] - The net profit attributable to the parent company is expected to reach 201 million yuan in 2024, reflecting a year-on-year growth of 121% [11] - The gross profit margin is anticipated to improve to 18.0% in 2024, up from 16.1% in 2023 [11] - The report forecasts a continuous increase in operating cash flow, with expectations of 428 million yuan in 2024 [5] Business Growth and Strategy - The company is entering a new growth phase, with expectations for the seating business to achieve breakthroughs starting in Q2 2024 [4] - The transition from seat frame production to complete seat manufacturing is seen as a key driver for future growth, supported by strong technical capabilities and a solid customer base [4][12] - The report indicates that the company’s operational efficiency will improve as the railway special container business scales up, with minimal additional costs expected [4]

Financial Performance - The company's operating revenue for Q1 2024 was ¥568,733,118.66, representing a year-on-year increase of 103.44%[5] - The net profit attributable to shareholders for Q1 2024 was ¥32,049,158.03, reflecting a significant increase of 187.11% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥27,456,074.01, up by 166.41% year-on-year[5] - The basic earnings per share for Q1 2024 was ¥0.40, an increase of 185.71% compared to the previous year[6] - Net profit for Q1 2024 was ¥32,372,487.93, representing a 195.5% increase from ¥10,944,288.40 in Q1 2023[22] - Earnings per share for Q1 2024 were ¥0.40, compared to ¥0.14 in Q1 2023, reflecting a growth of 185.7%[22] Assets and Liabilities - The total assets at the end of Q1 2024 were ¥2,500,099,215.52, a 1.82% increase from the end of the previous year[6] - The company's current assets totaled RMB 1,405,881,202.30, up from RMB 1,320,424,993.57, indicating an increase of about 6.5%[16] - The company's total liabilities as of Q1 2024 amounted to ¥1,261,974,151.53, an increase from ¥1,249,591,046.95 in the previous year[18] - Total liabilities amounted to RMB 1,803,158,291.48, up from RMB 1,719,318,627.72, reflecting an increase of about 4.9%[17] - The company's total equity as of March 31, 2024, was RMB 696,940,924.04, up from RMB 735,991,125.57, reflecting a decrease of about 5.3%[17] Cash Flow - The net cash flow from operating activities was negative at -¥15,722,681.09, a decrease of 289.65% year-on-year, primarily due to prepayments for raw materials[10] - Cash flow from operating activities for Q1 2024 showed a net outflow of ¥15,722,681.09, compared to a net inflow of ¥8,290,355.81 in Q1 2023[25] - The total cash and cash equivalents at the end of the period were $72,193,884.39, compared to $169,374,941.01 in the previous period[26] - The net increase in cash and cash equivalents for the period was $15,187,364.90, bringing the ending balance to $72,193,884.39[26] Costs and Expenses - Total operating costs for Q1 2024 were ¥538,841,797.22, up 97.5% from ¥272,945,293.63 in Q1 2023[21] - The company reported a significant increase in R&D expenses, totaling ¥14,152,387.99 in Q1 2024, compared to ¥10,367,319.66 in Q1 2023, marking a rise of 36.5%[21] Other Financial Metrics - The weighted average return on equity increased to 2.63%, up by 1.64 percentage points from the previous year[6] - Non-recurring gains for the period totaled ¥4,593,084.02 after tax[8] - The company attributed the increase in revenue to higher sales from its subsidiaries in Chongqing and Xiangyang[10] - The company continues to implement strict cost control measures, contributing to the significant increase in net profit[10]

| 证券代码：605128 | 证券简称：上海沿浦 | 公告编号：2024-031 | | --- | --- | --- | | 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五次会议决议的公告 本议案已经公司第五届董事会审计委员会第二次会议全体委员同意后提交董事会审议。 特此公告 上海沿浦金属制品股份有限公司（以下简称"公司"）于 2024 年 4 月 25 日 9 点在公司会 议室召开第五届董事会第五次会议。会议通知于 2024 年 4 月 23 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》（以下简称"《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 全体与会董事以记名投票表决方式审议并通过了以下议案： 1、《关于公司 2024 年第一季度报告的议案》。 表决结果：9 名赞成，占全体董事人数的 100%；0 名弃权；0 ...

上海沿浦金属制品股份有限公司 关于第五届监事会第三次会议决议的公告 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 上海沿浦金属制品股份有限公司（以下简称"公司"）于 2024 年 4 月 25 日以现场及通讯 结合的方式召开第五届监事会第三次会议。会议通知于 2024 年 4 月 23 日以专人送达、电子 邮件方式发出。本次会议应出席监事 3 人，实际出席监事 3 人。会议由公司监事会主席易重 学先生召集和主持。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》的规定，会议合法有效。 二、监事会会议审议情况 | 证券代码：605128 | 证券简称：上海沿浦 | 公告编号：2024-032 | | --- | --- | --- | | 转债代码：111008 | 转债简称：沿浦转债 | | 根据《证券法》第 82 条等有关法律法规的要求，监事会全体成员对董事会编制的 2024 年第一季度报告进行核查并提出书面审核意见。经审核，我们认为：公司 2024 年第 ...

证券代码：605128 证券简称：上海沿浦 公告编号：2024-030 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 关于向特定对象发行股票申请获得上海证券交易所审核通过 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。 2024 年 4 月 24 日，上海沿浦金属制品股份有限公司（以下简称"公司"）收到上海证券 交易所上市审核中心出具的《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审核 意见的通知》（以下简称"《通知》"）。《通知》主要内容如下： "上海沿浦金属制品股份有限公司向特定对象发行股票申请符合发行条件、上市条件和 信息披露要求。本所将在履行相关程序并收到你公司申请文件后提交中国证监会注册。" 公司本次向特定对象发行股票事项尚需获得中国证券监督管理委员会（以下简称"中国 证监会"）做出同意注册的决定后方可实施，公司将根据该事项的进展情况及时履行信息披 露义务，敬请广大投资者注意投资风险。 特此公告 上海沿浦金属制品股份有限公司 董 事 会 二〇二四年四月二十四日 1 ...

| 证券代码：605128 | 证券简称：上海沿浦 | 公告编号：2024-029 | | --- | --- | --- | | 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 2023 年年度股东大会决议公告 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： 本次会议是否有否决议案：无 一、 会议召开和出席情况 | 1、出席会议的股东和代理人人数 | | 97 | | --- | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 46,305,700 | | | 3、出席会议的股东所持有表决权股份数占公司有表决权股 | | | | 份总数的比例（%） | 57.8799 | | (四) 表决方式是否符合《公司法》及《公司章程》的规定，大会主持情况等。 (一) 股东大会召开的时间：2024 年 4 月 19 日 (二) 股东大会召开的地点：上海市闵行区浦江镇江凯路 128 号上海沿浦金属 制品股份有限公司行政大楼四楼会议室（八） (三) 出席会 ...