Financial Performance - The company's operating revenue for 2024 was approximately ¥22.76 billion, a decrease of 2.50% compared to ¥23.35 billion in 2023[23]. - The net profit attributable to shareholders for 2024 was approximately ¥135.50 million, down 67.98% from ¥423.19 million in 2023[23]. - Basic earnings per share for 2024 decreased to ¥0.32, a decline of 68.32% from ¥1.01 in 2023[24]. - The weighted average return on equity for 2024 was 2.95%, down 6.80 percentage points from 9.75% in 2023[24]. - The net cash flow from operating activities for 2024 was approximately ¥497.98 million, an increase of 9.34% compared to ¥455.44 million in 2023[23]. - Total assets at the end of 2024 were approximately ¥13.91 billion, an increase of 2.71% from ¥13.55 billion in 2023[23]. - The company reported a significant increase in accounts receivable management, leading to improved cash collection[25]. - Non-recurring gains and losses decreased significantly, impacting net profit attributable to shareholders[25]. - The company experienced a notable increase in credit impairment losses during the year, affecting overall profitability[25]. Dividend and Share Capital - The company plans to distribute a cash dividend of 0.04 RMB per share, totaling approximately 16,516,034.84 RMB, which accounts for 12.19% of the net profit attributable to shareholders for 2024[6]. - The total share capital as of March 31, 2025, is 412,900,871 shares[6]. - The company has not proposed any stock bonus or capital reserve transfer to increase share capital for this year[6]. - The cumulative cash dividend amount over the last three fiscal years is RMB 127,740,406.05, with an average cash dividend ratio of 41.41%[143]. Market and Industry Trends - The total output value of China's wire and cable industry reached 1.62 trillion yuan in 2023, representing a year-on-year growth of 8.7%[42]. - The global wire and cable market is expected to reach $230 billion in 2024, with China accounting for over 35% of global production capacity[42]. - The wire and cable industry is experiencing a trend of consolidation and mergers, with larger companies enhancing their market competitiveness through acquisitions[43]. - The industry is moving towards green, digital transformation and smart manufacturing, with eco-friendly cables gradually dominating the market[42]. - The cable industry in China is projected to grow from RMB 1.20 trillion in 2023 to over RMB 1.30 trillion by 2025, driven by investments in power grids and renewable energy[89]. Research and Development - R&D expenses for the year amounted to CNY 9,270.85 million, resulting in the acquisition of 2 invention patents and 4 utility model patents, bringing the total number of patents to 171[38]. - The company has developed over 50,000 specifications of products to meet various complex usage environment requirements[46]. - The company emphasizes technological innovation and product upgrades, aiming to improve product quality and performance standards[90]. - The company is focused on talent acquisition and development to support its business expansion and maintain a competitive edge in the market[96]. Risk Management - The company has detailed industry and market risks in the report, emphasizing the importance of investor awareness regarding potential discrepancies in future performance[9]. - The company reported a significant market risk due to fluctuations in domestic and international economic policies, exchange rates, and commodity market prices[83]. - The company has implemented risk control measures for derivatives trading, including strict adherence to investment management systems and professional team oversight[83]. - The company faces risks from macroeconomic fluctuations that could lead to a decline in overall market demand for cables[97]. Corporate Governance - The company adheres to legal and regulatory requirements for corporate governance, ensuring transparency and fairness in shareholder meetings[102]. - The board of directors consists of 9 members, including 3 independent directors, ensuring compliance with legal requirements[103]. - The company has established a robust internal control system to enhance risk management and operational compliance[104]. - Investor relations management is prioritized, with efforts to maintain effective communication and address investor inquiries promptly[104]. Environmental and Social Responsibility - The company invested 1.6045 million yuan in environmental protection during the reporting period[149]. - The company reduced carbon emissions by 2,634.34 tons through various carbon reduction measures[152]. - The company has actively engaged in social responsibility initiatives, with a total donation of 760,000 yuan[153]. - The company emphasizes environmental protection and adheres to national and local environmental laws and regulations[151]. Financial Management - The company has committed to maintaining a stable profit distribution policy to ensure reasonable returns for investors, particularly minority shareholders[175]. - The company will implement strict management of raised funds, ensuring they are used effectively for investment projects to maximize shareholder returns[175]. - The company has not reported any significant internal control deficiencies during the reporting period[147]. - The company has not faced any penalties from securities regulatory authorities in the past three years[120].

Financial Performance - The company's operating revenue for Q1 2025 was CNY 4,123,654,208.90, a decrease of 14.10% compared to CNY 4,800,795,806.05 in the same period last year[4] - Net profit attributable to shareholders was CNY 69,962,759.78, down 17.72% from CNY 85,030,961.53 year-on-year[4] - The basic earnings per share decreased by 15.00% to CNY 0.17 from CNY 0.20 in the previous year[4] - The diluted earnings per share also fell by 10.53% to CNY 0.17 from CNY 0.19[4] - Net profit for Q1 2025 was CNY 69,931,382.49, a decline of 17.8% from CNY 85,200,796.91 in Q1 2024[22] Cash Flow and Liquidity - The net cash flow from operating activities was negative at CNY -1,062,996,347.40, worsening by 7.44% compared to CNY -989,426,655.52 last year[4] - Cash flow from operating activities for Q1 2025 was CNY 4,594,540,411.68, down from CNY 4,971,162,171.31 in Q1 2024[25] - The total cash and cash equivalents at the end of the period were 511,245,504.55, down from 621,167,396.45, indicating a decrease in liquidity[27] - The company's cash and cash equivalents decreased to CNY 778.22 million from CNY 2.04 billion, indicating a significant drop of approximately 61.9%[15] - The total cash inflow from operating activities was 4,796,395,744.92, down from 5,274,578,424.94, indicating a decline in operational cash generation[26] Assets and Liabilities - Total assets at the end of the reporting period were CNY 13,729,446,102.88, a decrease of 1.33% from CNY 13,914,370,073.55 at the end of the previous year[5] - Total liabilities decreased to CNY 9,012,789,132.49 from CNY 9,267,645,302.75[18] - Non-current liabilities increased to CNY 1,991,225,043.98 from CNY 1,864,491,820.58[18] - The company reported a total current assets of approximately CNY 10.72 billion as of March 31, 2025, a decrease from CNY 10.96 billion as of December 31, 2024, representing a decline of about 2.2%[15] Shareholder Information - The company plans to repurchase 5,236,500 shares at a price of CNY 9.719 per share due to unmet performance targets for 2023[13] - The top three shareholders, Zhou Gonghua, Zhou Guihua, and Zhou Guixing, collectively hold 58.0% of the shares, indicating a strong concentration of ownership[12] - The company has not engaged in any share lending or borrowing activities during the reporting period[12] - The company has not reported any changes in the top 10 shareholders due to share lending activities[12] Operational Strategy and Costs - The company implemented a contraction strategy this year, which led to a decrease in revenue while aiming to increase product margins[8] - The increase in credit impairment losses contributed to the decline in net profit attributable to shareholders[8] - Total operating costs for Q1 2025 were CNY 4,019,670,222.89, down 14.2% from CNY 4,688,733,532.34 in Q1 2024[21] - The company experienced a negative impact of -81,509.55 from exchange rate fluctuations on cash and cash equivalents[27] Investment and Expenses - The cash outflow for investment activities was 207,750,937.36, compared to 127,481,900.01, reflecting increased investment spending[26] - The company reported a decrease in research and development expenses to CNY 18,262,061.31 from CNY 16,727,264.98 year-over-year[22] - Payments to employees totaled 156,911,971.48, down from 185,228,356.77, indicating potential cost-cutting measures[26]

2024 年度 信会师报字[2025]第 ZL10104 号 上海起帆电缆股份有限公司 内部控制审计报告 上海起帆电缆股份有限公司 内部控制审计报告 | | | 目 | 录 | 页 次 | | --- | --- | --- | --- | --- | | 一、 | 内部控制审计报告 | | | 1-2 | | 二、 | 内部控制的评价报告 | | | 1-7 | 内部控制审计报告 信会师报字[2025]第 ZL 10104 号 上海起帆电缆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，我们审计了上海起帆电缆股份有限公司（以下简称起帆电缆） 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 价其有效性是起帆电缆董事会的责任。 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 中国 ...

上海起帆电缆股份有限公司 2024 年度募集资金存放与使用情况 专项报告的鉴证报告 信会师报字[2025]第 ZL 10107 号 上海起帆电缆股份有限公司 关于 2024 年度募集资金存放与使用情况专项报告的 鉴证报告 | | 目 | 录 | 页 次 | | --- | --- | --- | --- | | 一、 | 鉴证报告 | | 1-2 | | 二、 | 2024 年度募集资金存放与使用情况专项报告 | | 1-6 | | 三、 | 募集资金使用情况对照表 | | 1-3 | 关于上海起帆电缆股份有限公司 2024年度募集资金存放与使用情况专项报告的 鉴证报告 信会师报字[2025]第ZL10107号 上海起帆电缆股份有限公司全体股东： 我们接受委托，对后附的上海起帆电缆股份有限公司（以下简称 "起帆电缆"） 2024年度募集资金存放与使用情况专项报告（以下简 称"募集资金专项报告"）执行了合理保证的鉴证业务。 一、董事会的责任 起帆电缆公司董事会的责任是按照中国证券监督管理委员会《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 （2022年修订）》（证监会公告〔2022〕15号） ...

关于上海起帆电缆股份有限公司 非经营性资金占用及其他关联资金往来情况 汇总表的专项审计报告 目 录 1、 专项审计报告 委托单位：上海起帆电缆股份有限公司 审计单位：立信会计师事务所（特殊普通合伙） 联系电话：0755-86158201 立信会计师事务所(特殊普通合伙) BDO CHINA SHU LUN PAN CERTIFIED PUBLIC ACCOUNTANTS LLP 关于上海起帆电缆股份有限公司 非经营性资金占用及其他关联资金往来情况 的专项报告 信会师报字[2025]第 ZL 10106 号 上海起帆电缆股份有限公司全体股东: 我们审计了上海起帆电缆股份有限公司(以下简称"起帆电 缆")2024年度的财务报表,包括2024年12月31日的合并及母公司 资产负债表、2024 年度合并及母公司利润表、合并及母公司现金流 量表、合并及母公司所有者权益变动表和相关财务报表附注,并于 2025 年 4 月 24 日出具了报告号为信会师报宇[2025]第 ZL10103 号的 无保留意见审计报告。 起帆电缆公司管理层根据中国证券监督管理委员会《上市公司监 管指引第 8 号 -- 上市公司资金往来、对外担保的 ...

上海起帆电缆股份有限公司 审计报告及财务报表 2024 年度 信会师报字[2025]第 ZL10103 号 上海起帆电缆股份有限公司 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 | | --- | --- | --- | | 一、 | 审计报告 | 1-5 | | 二、 | 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 | 1-135 | 审计报告 信会师报字[2025]第 ZL10103 号 上海起帆电缆股份有限公司全体股东： 一、 审计意见 我们审计了上海起帆电缆股份有限公司（以下简称起帆电缆）财 务报表，包括 2024 年 12 月 31 日的合并及母公司资产负债表，2024 年度的合并及母公司利润表、合并及母公司现金流量表、合并及母公 司所有者权益变动表以及相关财务报表附注。 我们认为，后附的财务报 ...

国泰海通证券股份有限公司 关于上海起帆电缆股份有限公司 2024 年度募集资金存放与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"或"保荐机构"）作为上海 起帆电缆股份有限公司（以下简称"起帆电缆"或"公司"）的持续督导机构，根据 《证券发行上市保荐业务管理办法》《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》《上海证券交易所股票上市规则》《上海证券交 易所上市公司自律监管指引第 11 号——持续督导》《上海证券交易所上市公司 自律监管指引第 1 号——规范运作》等相关规定，对起帆电缆 2024 年度募集资 金存放与使用情况进行了审慎核查，具体情况如下： 一、募集资金基本情况 （一）实际募集资金金额、资金到位时间 经中国证券监督管理委员会《关于核准上海起帆电缆股份有限公司公开发行 可转换公司债券的批复》（证监许可[2021]667 号）核准，公司向社会公开发行 可转换公司债券 1,000 万张，每张面值为人民币 100 元，募集资金总额为人民币 1,000,000,000.00 元 ， 扣 除 不 含 税 发 行 费 用 后 的 募 集 资 金 净 额 为 人 ...

一、主要会计数据和财务指标 | 报告期指标 | 2024年年报 | 2023年年报 | 本年比上年增减(%) | 2022年年报 | | --- | --- | --- | --- | --- | | 基本每股收益（元） | 0.3200 | 1.0100 | -68.32 | 0.8800 | | 每股净资产（元） | 10.66 | 10.49 | 1.62 | 9.49 | | 每股公积金(元) | 3.36 | 3.36 | 0 | 3.4 | | 每股未分配利润(元) | 5.94 | 5.78 | 2.77 | 4.90 | | 每股经营现金流(元) | - | - | - | - | | 营业收入(亿元) | 227.64 | 233.48 | -2.5 | 206.44 | | 净利润(亿元) | 1.36 | 4.23 | -67.85 | 3.67 | | 净资产收益率(%) | 2.95 | 9.75 | -69.74 | 9.40 | 数据四舍五入，查看更多财务数据>> 三、分红送配方案情况 10派0.40元(含税) 二、前10名无限售条件股东持股情况 前十大流通股东累计持有： 322 ...

股票简称：起帆电缆 股票代码：605222 债券简称：起帆转债 债券代码：111000 (住所：中国（上海）自由贸易试验区商城路618号) 二〇二五年四月 1 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》"） 《可转换公司债券受托管理协议》（以下简称"《受托管理协议》"）《上海起 帆电缆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，由本期债券受托管理人国泰海通证券股 份有限公司（以下简称"国泰海通证券"）编制。国泰海通证券对本报告中所包 含的从上述文件中引述内容和信息未进行独立验证，也不就该等引述内容和信息 的真实性、准确性和完整性做出任何保证或承担任何责任。 （2025 （七）票面金额和发行价格：本次发行的可转债每张面值为人民币 100 元， 按面值发行。 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国泰海通证券所作的 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，国 泰海通证券不承担任何责任。 2 国泰海通证券作为上海起帆电 ...

| 证券代码：605222 | 证券简称：起帆电缆 | 公告编号：2025-013 | | --- | --- | --- | | 债券代码：111000 | 债券简称：起帆转债 | | 上海起帆电缆股份有限公司 关于不向下修正"起帆转债"转股价格的公告 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、可转债发行上市概况 （一）可转债发行情况 由于公司实施了 2021 年限制性股票激励计划事项，导致总股本发生变化， 公司可转债的转股价格由 20.53 元/股调整为 20.10 元/股，调整后的转股价格于 2021 年 10 月 29 日开始生效。具体内容详见公司于 2021 年 10 月 28 日披露的 《关于可转换公司债券转股价格调整的公告》（公告编号：2021-094）。 由于公司实施了 2021 年度利润分配，本次派发现金股利后，"起帆转债"的 转股价格由 20.10 元/股调整为 19.86 元/股，调整后的转股价格自 2022 年 5 月 23 日开始生效。具体内容详见 2022 年 5 月 17 ...