中国铁路通信信号股份有限公司 2023 年年度股东大会会议资料 证券代码:688009.SH 证券简称:中国通号 03969.HK 中国铁路通信信号股份有限公司 2023 年年度股东大会会议资料 2024 年 6 月 中国铁路通信信号股份有限公司 2023 年年度股东大会会议资料 目录 | 2023 年年度股东大会会议须知 | 2 | | --- | --- | | 2023 年年度股东大会会议议程 | 4 | | 2023 年年度股东大会会议议案 | 5 | | 议案一 关于《中国铁路通信信号股份有限公司 2023 年度董事会工作报告》的议案 | 5 | | 议案二 关于《中国铁路通信信号股份有限公司 2023 年度监事会工作报告》的议案... | 12 | | 议案三 关于《中国铁路通信信号股份有限公司 2023 年年度报告》的议案 | 17 | | 议案四 关于《中国铁路通信信号股份有限公司 2023 年度财务决算报告》的议案 | 18 | | 议案五 关于中国铁路通信信号股份有限公司 2023 年度利润分配方案的议案 | 19 | | 议案六 关于聘请 2024 年度审计机构的议案 | 20 | | ...

证券代码：688009 证券简称：中国通号 公告编号：2024-014 中国铁路通信信号股份有限公司 关于召开 2023 年年度股东大会的通知 本公司董事会及全体董事保证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、准确性和完整性依法承担法律责任。 （一） 股东大会类型和届次 2023 年年度股东大会 （二） 股东大会召集人：董事会 （三） 投票方式：本次股东大会所采用的表决方式是现场投票和网络投票 相结合的方式 （四） 现场会议召开的日期、时间和地点 召开日期时间：2024 年 6 月 13 日 10 点 00 分 召开地点：北京市丰台区汽车博物馆南路 1 号院中国通号大厦 A 座 （五） 网络投票的系统、起止日期和投票时间。 重要内容提示： 一、 召开会议的基本情况 网络投票系统：上海证券交易所股东大会网络投票系统 网络投票起止时间：自 2024 年 6 月 13 日 至 2024 年 6 月 13 日 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 股东 ...

Investment Rating - The investment rating for the company is "Buy" and is maintained [4]. Core Views - The company's profitability has further improved, with a gross profit margin of 27.41% in Q1 2024, an increase of 4.73 percentage points year-on-year [5]. - New contracts in the railway sector reached 3.985 billion yuan in Q1 2024, marking a 10.13% increase compared to the same period last year, the highest in five years [5]. - There is a growing demand for upgrades and replacements, with the company expected to see an increase in the proportion of renewal orders from 30% to over 40% in the railway market over the next 3-5 years [5]. - The company has a robust order backlog of 168.831 billion yuan as of the end of 2023, providing strong revenue support for the next 2-3 years [6]. - The company is expanding its overseas business, with new orders increasing by 45% year-on-year in 2023, leveraging the "Belt and Road" initiative [6]. - The forecasted net profits for 2024 and 2025 are 3.95 billion yuan and 4.50 billion yuan, respectively, with corresponding price-to-earnings ratios of 15.4 and 13.5 [6]. Summary by Sections Financial Performance - In Q1 2024, the company reported revenues of 6.547 billion yuan, a decrease of 12.74% year-on-year, and a net profit of 604 million yuan, down 10.84% year-on-year [5]. - The sales net profit margin improved to 10.95%, an increase of 0.58 percentage points year-on-year [5]. Market Opportunities - The railway market is witnessing a release of orders, with a significant increase in new contracts, indicating a recovery in demand [5]. - The company holds approximately 40% of the market share in urban rail transit control systems, participating in over 40 cities [5]. Future Outlook - The company is expected to benefit from the increasing demand for equipment upgrades and replacements, with a faster delivery and acceptance cycle for renewal projects [5]. - The overseas business is anticipated to contribute significantly to revenue growth, with a focus on both renovation and new construction projects [6].

证券代码：688009 证券简称：中国通号 公告编号：2024-013 中国铁路通信信号股份有限公司 关于自愿披露轨道交通市场重要项目中标的公告 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、准确性和完整性依法承担法律责任。 重要内容提示： 中标共计七个重要项目，其中铁路市场五个，分别为新建几内亚马瑞巴 亚港至西芒杜矿区铁路"三电"系统集成施工总承包MXSD-2标段项目，中标 金额12.45亿元；新建几内亚马瑞巴亚港至西芒杜矿区铁路信号及列车运行 控制系统采购项目，中标金额5.12亿元；新建合肥至武汉高速铁路（湖北段） "四电"工程HWRD标段项目，中标金额4.3亿元；新建京港高速铁路九江至南 昌段四电、房建及相关工程施工总承包CJRD标段项目，中标金额3.62亿元； 新建珠海至肇庆高铁珠海至江门段项目"三电"及管线迁改工程ZJQG-2标项 目，中标金额1.04亿元。城市轨道交通市场二个,分别为沈阳地铁3号线一期 工程专用通信及自动售检票系统安装工程项目，中标金额1.72亿元；深圳地 铁5号线西延工程及16号线二期工程信号系统设备采购项目，中标金额1.5 ...

[Table_StockInfo] 买入 2024年 05月 05日 （首次） 证券研究报告•2024年一季报点评 当前价： 5.40元 中国通号（688009） 机械设备 目标价： 8.75元（6个月） 轨交控制系统龙头，有望深度受益于更新改造 投资要点 西南证券研究发展中心 [T a事ble件_S：u公mm司a发ry布] 2024年一季报，24Q1营收 65.1亿元，同比-13.1%，归母净 [分Ta析bl师e_：Au邰th桂or龙] 利润 6.04亿元，同比-10.8%；扣非归母净利润5.94亿元，同比-10.3%。24Q1 执业证号：S1250521050002 业绩下滑，铁路板块新签订单增长。 电话：021-58351893  24Q1 公司业绩承压，略低于预期。24Q1，铁路、城轨、海外、工程总承包业 邮箱：tgl@swsc.com.cn 务分别实现营收35.6亿、16.2亿、1.8亿、11.4亿，分别同比-9.7%、-7.2%、 -34.9%、-24.6%，整体略低于预期。考虑到23年铁路、城轨、海外、以上板块 [相Tab对le指_Q数u表ot现eP ic] 新签订单均同比+5.0%、+3. ...

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2024年4月30日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 中國鐵路通信信號股份有限公司 呈交日期: 2024年5月6日 I. 法定/註冊股本變動 II. 已發行股份變動 | 1. 股份分類 | 普通股 | 股份類別 | H | 於香港聯交所上市 (註1) | 是 | | --- | --- | --- | --- | --- | --- | | 證券代號 | 03969 | 說明 | H股 | | | | 上月底結存 | | 1,968,801,000 | | | | | 增加 / 減少 (-) | | 0 | | | | | 本月底結存 | | 1,968,801,000 | | | | | 2. 股份分類 | 普通股 | 股份類別 | A | 於香港聯交所上市 (註1) | 否 | | --- | --- | --- | --- | --- | --- | | 證券代號 | 688009 | 說明 | A 股 (上海證券交易所科創板) | | | | 上月底結存 | | 8,621,018,0 ...

公司点评●轨交设备Ⅱ 2024年 04 月29 日 Q1 业绩承压，关注轨交更新改造需求 中国通号(688009) 释放 推荐 (维持) 核心观点：  投资事件： 公司披露 2024 年一季报。2024Q1 公司实现营业收入 65.09亿元， 分析师 同比下降 13.10%；实现归母净利润 6.04亿元，同比下降 10.84%；实现扣非净 鲁佩 利润 5.94亿元，同比下降 10.29%。 ：021-20257809  一季度业绩继续承压。分业务来看，一季度铁路业务营收 35.58 亿，同比下 ：lupei_yj@chinastock.com.cn 滑 9.68%；城轨业务营收 16.15亿，同比下滑 7.23%；海外业务 1.79亿，同比 分析师登记编码：S0130521060001 下滑 34.89%；工程总承包业务营收 11.44 亿，同比下滑 24.62%。轨交控制业 务（铁路+城轨+海外）合计营收 53.52亿元，同比下滑 10%，略低于预期。 研究助理  收入结构持续优化，盈利能力再提升。24Q1公司综合毛利率 27.41%，同比 王霞举 +4.61pct，主要得益于低毛利的工程业务的收 ...

Financial Performance - The company's operating revenue for Q1 2024 was CNY 6,509,426,910.25, representing a decrease of 13.10% compared to the same period last year[15]. - Net profit attributable to shareholders for the same period was CNY 604,490,948.26, down 10.84% year-on-year[15]. - Total operating revenue for Q1 2024 was RMB 650.94 million, a decrease of 13.10% compared to the same period last year[39]. - Net profit attributable to shareholders of the parent company was CNY 604,490,948.26, down 10.8% from CNY 677,962,651.12 in the same period last year[55]. - Total comprehensive income for Q1 2024 was CNY 717,666,489.55, compared to CNY 779,863,641.52 in Q1 2023, reflecting a decrease of 8%[57]. - The company’s total comprehensive income for Q1 2024 was CNY 105,784,324.63, up from CNY 91,211,624.84 in Q1 2023, reflecting a positive trend in overall financial performance[81]. Research and Development - Research and development expenses totaled CNY 376,270,501.83, which is an increase of 7.62% compared to the previous year, accounting for 5.78% of operating revenue, up by 1.12 percentage points[15]. - Research and development expenses increased to CNY 376,270,501.83, representing a rise of 22.9% from CNY 305,948,866.89 in Q1 2023[51]. - Research and development expenses decreased dramatically to CNY 1,800.00 in Q1 2024 from CNY 19,283,400.56 in Q1 2023, indicating a strategic shift in R&D investment[77]. Assets and Liabilities - The company's total assets at the end of the reporting period were CNY 118,076,301,641.15, a decrease of 0.77% from the end of the previous year[18]. - Total assets as of March 31, 2024, were RMB 118.08 billion, down from RMB 118.99 billion at the end of 2023[48]. - Total liabilities decreased to RMB 68.45 billion from RMB 70.12 billion, reflecting a reduction of 2.39%[46]. - The total liabilities as of March 31, 2024, were ¥10,495,021,663.05, a decrease from ¥10,633,010,469.81 as of December 31, 2023[71]. - Total liabilities and shareholders' equity amounted to CNY 44,883,994,979.34 as of March 31, 2024, slightly down from CNY 44,922,488,517.06 as of December 31, 2023[74]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 71,089[23]. - China Railway Communication Signal Group holds 6,610,085,424 shares, accounting for 62.42% of total shares[24]. - HKSCC NOMINEES LIMITED holds 1,967,759,950 shares, representing 18.58% of total shares[24]. - The top ten shareholders include China Machinery Industry Group with 63,507,192 shares (0.60%) and China Railway Investment Group with 34,188,000 shares (0.32%)[27]. - The total number of A-share shareholders is 71,089, while H-share shareholders number 218[34]. - The report indicates that the top ten shareholders do not have any related party relationships or concerted actions[33]. Cash Flow and Financing - Cash flow from operating activities generated a net amount of CNY 2,082,321,318.72, a significant improvement from a negative cash flow of CNY 1,307,374,461.57 in Q1 2023[60]. - The company reported a net cash flow from operating activities of CNY 201,714,792.86 in Q1 2024, a significant improvement compared to a negative cash flow of CNY -302,688,161.71 in Q1 2023[86]. - The cash outflow from financing activities in Q1 2024 was ¥2,166,958,020.45, an increase of 121.5% compared to ¥976,380,395.05 in Q1 2023[62]. - Cash flow from financing activities resulted in a net outflow of -$4,040,750.00 in Q1 2024, compared to a net inflow of $1,199,646,000.00 in Q1 2023, indicating a shift in financing strategy[88]. Contracts and Business Performance - New contracts signed in Q1 2024 totaled RMB 11.361 billion, down 17.07% year-on-year, with railway sector contracts increasing by 10.13% to RMB 3.985 billion[39]. - The overseas business segment saw a significant decline in new contracts, dropping 34.89% to RMB 1.793 billion[39]. - The engineering contracting sector experienced a 24.62% decrease in new contracts, totaling RMB 4.527 billion[39]. Other Financial Metrics - The basic earnings per share for the reporting period was CNY 0.06, unchanged from the previous year[15]. - The weighted average return on equity decreased by 0.21 percentage points to 1.28%[15]. - The company recorded a credit impairment loss of CNY 67,121,990.45, which is significantly higher than CNY 25,685,067.18 in Q1 2023[53]. - The company’s financial expenses showed a significant reduction, with net financial costs decreasing from CNY -54,764,861.51 in Q1 2023 to CNY -28,454,999.59 in Q1 2024[77].

证券代码：688009 证券简称：中国通号 中国铁路通信信号股份有限公司 投资者关系活动记录表 编号：2024-002 投资者关系 □特定对象调研 □分析师会议 □媒体采访 ■业绩说明会 活动类别 □新闻发布会 □路演活动 □现场参观 □一对一沟通 □其他 参与单位及 中小投资者。 人员 时间 2024年4月25日 地点 中国通号园区 ...

Financial Performance - The operating revenue for Q1 2024 was CNY 6,509,426,910.25, representing a decrease of 13.10% compared to the same period last year[3]. - The net profit attributable to shareholders was CNY 604,490,948.26, down 10.84% year-on-year[3]. - The net profit after deducting non-recurring gains and losses was CNY 594,368,032.17, a decrease of 10.29% compared to the previous year[3]. - In Q1 2024, the company's net profit was CNY 712,787,783.12, a decrease of 8.2% compared to CNY 776,657,331.91 in Q1 2023[19]. - The total comprehensive income for Q1 2024 was CNY 717,666,489.55, down from CNY 779,863,641.52 in Q1 2023[20]. - The company's operating profit was CNY 879,671,556.88, a decrease of 6.0% from CNY 935,852,172.37 in Q1 2023[19]. - Net profit for Q1 2024 reached CNY 105,754,373.03, an increase of 15.9% compared to CNY 91,236,695.92 in Q1 2023[27]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 118,076,301,641.15, a decrease of 0.77% from the end of the previous year[4]. - The company's total assets as of March 31, 2024, were CNY 118.08 billion, a slight decrease from CNY 118.99 billion at the end of 2023[16]. - The total liabilities decreased to CNY 68.45 billion from CNY 70.12 billion year-on-year[16]. - The company's total assets as of March 31, 2024, amounted to CNY 44,883,994,979.34, a slight decrease from CNY 44,922,488,517.06 on December 31, 2023[26]. - Total current liabilities decreased to CNY 10,429,445,861.81 from CNY 10,565,488,529.19, a reduction of 1.3%[26]. Equity and Shareholder Information - The total equity attributable to shareholders increased to CNY 47,458,549,847.58, reflecting a growth of 1.38% compared to the end of the previous year[4]. - The total equity attributable to shareholders increased to CNY 47.46 billion from CNY 46.81 billion year-on-year[16]. - The company had a total of 71,089 common shareholders at the end of the reporting period[10]. - The largest shareholder, China Railway Signal & Communication Group Co., Ltd., held 6,610,085,424 shares, representing 62.42% of the total shares[9]. Cash Flow and Investments - The net cash flow from operating activities was CNY 2,082,321,318.72, not applicable for year-on-year comparison[3]. - The company reported a significant increase in cash flow from operating activities, with a net cash inflow of CNY 2,082,321,318.72 compared to a net outflow of CNY 1,307,374,461.57 in Q1 2023[23]. - Cash inflow from operating activities totaled ¥1,249,747,394.03, compared to ¥868,004,718.03 in the same period last year, representing an increase of approximately 43.8%[28]. - The company maintained cash and cash equivalents at ¥6,938,970,400.70 at the end of Q1 2024, down from ¥9,452,360,083.33 at the end of Q1 2023[29]. - The company secured ¥2,000,000,000.00 in cash from financing activities, consistent with the previous year[28]. Research and Development - Research and development expenses amounted to CNY 376,270,501.83, accounting for 5.78% of operating revenue, an increase of 1.12 percentage points year-on-year[4]. - Research and development expenses rose to CNY 376,270,501.83, representing a 22.9% increase from CNY 305,948,866.89 in Q1 2023[19]. - Research and development expenses significantly decreased to CNY 1,800.00 from CNY 19,283,400.56, indicating a strategic shift in R&D investment[27]. Inventory and Receivables - The company’s inventory increased to CNY 37.52 billion from CNY 32.06 billion year-on-year[15]. - The company reported a decrease in accounts receivable to CNY 22.16 billion from CNY 22.88 billion[14]. - The company’s inventory increased to CNY 13,402,835.85 from CNY 8,367,845.69, indicating a rise in stock levels[25]. Contract and Revenue Trends - The total new contracts signed in Q1 2024 amounted to CNY 11.36 billion, down 17.07% year-on-year, with the railway sector increasing by 10.13% to CNY 3.985 billion[13]. - The total revenue from operating activities increased to CNY 13,219,785,766.72, up 58.5% from CNY 8,346,582,272.80 in the same period last year[23]. - The company’s sales revenue from goods and services received cash of CNY 9,269,125,042.59, an increase of 21.0% from CNY 7,665,601,435.18 in the previous year[22].