Core Viewpoint - Shanghai Zhuoran Engineering Technology Co., Ltd. has significantly increased its revenue from EPC (Engineering, Procurement, Construction) services, with a reported income of 1.027 billion yuan in 2024, representing a year-on-year growth of 700.95% and accounting for 37.02% of its main business revenue [1][2]. Group 1: EPC Service Business Model - The company has actively expanded its EPC service business to enhance revenue and strategically transform its operations, moving from being a core supplier of large refining equipment to a comprehensive solution provider [2][3]. - The EPC model involves comprehensive project management, including design, procurement, construction, and post-service, ensuring quality, safety, and timely completion [3][4]. - The company has established a full lifecycle service system, integrating consulting, design, intelligent manufacturing, engineering implementation, and smart operation [2][3]. Group 2: Revenue Recognition and Accounting Standards - The company adopts the gross method for revenue recognition in EPC projects, as it acts as the primary responsible party in transactions with clients [6][8]. - Revenue is recognized based on the progress of completion, calculated as the ratio of costs incurred to the estimated total costs [10][11]. - The company has confirmed revenue from various projects, including a 55,000-ton carbon four deep processing and hydrogen comprehensive utilization project, with total contract amounts and timelines detailed [14][15]. Group 3: Project Execution and Risks - The company has successfully executed the Guangxi Hongkun project, which involves the production of 600,000 tons of bio-jet fuel, with significant strategic value and sustainable development potential [20][21]. - The project has received government approval and is aligned with national green development strategies, indicating strong policy support [21][22]. - The company has implemented a comprehensive risk management system to ensure project progress and financial security, including dynamic matching of funding plans with engineering progress [22].

国投证券股份有限公司 关于上海卓然工程技术股份有限公司 2024 年年度报告的信息披露监管问询函的核查意见 一、公司说明 （一）说明公司开展 EPC 总包服务具体业务模式，是否具备相应资质和许可， 并结合合同主要条款，与设备类合同的差异，说明公司 EPC 总包服务收入确认 方式是否符合《企业会计准则》的相关规定 公司作为大型炼化专用设备核心供应商，面对行业周期性波动与政策导向的 双重挑战，近年来积极拓展 EPC 总包业务并带动相关收入提升，主动推动公司 业务战略转型。公司原有业务集中于大型炼化装置（如 800 万吨/年炼油、100 万吨/年乙烯）的设备供货，此类项目总造价超 50 亿元，项目总包方长期由中石 油、中石化等国企担任。为提升公司盈利能力，突破大型炼化装置总包市场壁垒， 公司通过布局生物航煤（SAF）等符合国家绿色低碳政策导向的新兴领域项目， 在中等规模、高技术集成度的绿色项目中积累总包经验，为承接更大规模项目奠 定了坚实基础。同时，公司把握行业复苏机遇，通过纵向整合供应链资源，构建 "咨询设计-智能制造-工程实施-智慧运维"的全生命周期服务体系，实现从单一 设备供应商向综合解决方案提供商的战略升级 ...

| 信念中和合分析师室名 版 北京市东城区期限 北大街 联系电话: +86 (010) 6554 2288 | | | | --- | --- | --- | | telephone: +86 (010) 6554 2288 | 8 号富华大厦 A 座 9 层 | | | ShineWing | 9/F, Block A, Fu Hua Mansion, No.8, Chaoyangmen Beidajie, | | | 传真: | Dongcheng District, Beijing, | +86 (010) 6554 7190 | | certified public accountants 100027, P.R.China | | +86 (010) 6554 7190 facsimile: | 关于上海卓然工程技术股份有限公司 2024 年年度报告的信息披露监管问询函的回复 XYZH/2025SHAA2F0020 上海卓然工程技术股份有限公司 上海证券交易所： 根据贵所于 2025 年 5 月 22 日出具的《关于对上海卓然工程技术股份有限公司 2024 年年度报告的信息披露监管问询函》（上证科创 ...

证券代码：688121 证券简称：卓然股份 公告编号：2025-022 上海卓然工程技术股份有限公司 关于上海证券交易所对公司 2024 年年度报告的 信息披露监管问询函的回复公告 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。 上海卓然工程技术股份有限公司（以下简称"卓然股份"或"公司"）于近 期收到上海证券交易所科创板公司管理部向公司发送的《关于对上海卓然工程技 术股份有限公司 2024 年年度报告的信息披露监管问询函》（上证科创公函 [2025]0144 号）（以下简称"《年报问询函》"），根据《年报问询函》的要求， 公司与信永中和会计师事务所（特殊普通合伙）（以下简称"年审会计师"）、 国投证券股份有限公司（以下简称"国投证券"或"持续督导机构"）对《年报 问询函》所列问题进行了认真核查并做出如下回复： 问题 1、关于 EPC 总包服务。年报显示，2024 年，EPC 总包服务收入为 10.27 亿元，占主营业务收入的比例分别为 37.02%，同比增长 700.95%。EPC 总包服 务的完工百分比根据投入法确认， ...

Group 1 - The company is focusing on innovation-driven development and increasing R&D investment to cultivate new production capabilities and explore new business areas under the "dual carbon" goals in the petrochemical industry by 2025 [1][2] - The company has undergone four development stages since its establishment, with the current phase emphasizing international expansion and optimizing industrial layout while integrating traditional manufacturing with new production capabilities [2][3] - The global petrochemical industry is experiencing a transformation characterized by optimizing traditional capacities and nurturing new dynamics, leading to new development opportunities in high-end equipment manufacturing and energy-saving technologies [3][4] Group 2 - The company aims to enhance profitability by collaborating with customers on new product development, shifting from a traditional manufacturing model to a more integrated approach that focuses on creating new value [4][5] - Key technological breakthroughs in catalytic materials and polymer modification are targeted to optimize the entire process from raw materials to end products, significantly increasing product value [5][6] - The company is actively pursuing digital transformation and smart manufacturing upgrades to improve production efficiency and cost control, leveraging advanced industrial internet technologies [6][7] Group 3 - The company is committed to a green and low-carbon energy strategy, exploring clean energy utilization and sustainable practices within the petrochemical industry [6][7] - Collaborative innovation with design institutes, universities, and research institutions is being pursued to enhance technology across the entire petrochemical value chain, focusing on new processes and materials [7]

Group 1 - The legal opinion letter is issued by Shanghai Jintiancheng Law Firm for Shanghai Zhuoran Engineering Technology Co., Ltd. regarding the 2024 annual shareholders' meeting [1][2] - The shareholders' meeting is scheduled for June 19, 2025, with a notice issued 20 days prior, detailing the time, location, and agenda [2][3] - The meeting will utilize both on-site and online voting methods, with specific time slots for each voting method outlined [2][3] Group 2 - The equity registration date for the shareholders' meeting is set for June 12, 2025, and the attendance of shareholders meets legal and regulatory requirements [3][4] - The meeting is convened by the company's board of directors, which complies with relevant laws and regulations [4] - The voting procedures and results of the meeting are conducted in accordance with legal requirements, ensuring the validity of the outcomes [4][5] Group 3 - The legal opinion concludes that all aspects of the shareholders' meeting, including convening, attendance, and voting procedures, are in compliance with laws and regulations, affirming the legitimacy of the results [5]

Meeting Overview - The shareholders' meeting of Shanghai Zhuoran Engineering Technology Co., Ltd. was held on June 19, 2025, at a designated hotel in Shanghai [1]. - A total of 49 ordinary shareholders attended the meeting, representing 96,007,528 voting rights, which accounts for 42.2630% of the company's total voting rights [1]. Voting Results - All non-cumulative voting proposals were approved with a significant majority. For instance, one proposal received 95,768,405 votes in favor, representing 99.7509% of the votes [2][3]. - The voting results for various proposals showed consistent support, with percentages of approval ranging from 90.0980% to 99.7509% across different resolutions [3]. Legal Compliance - The meeting was presided over by Mr. Xinyu, and the procedures followed were in accordance with the Company Law and the company's articles of association, ensuring the legality and validity of the meeting [1][3]. - Lawyers Wang Qianqian and Zhu Yijing confirmed that the meeting's convening, attendance qualifications, and voting procedures complied with legal regulations and the company's articles of association [3].

经与会监事认真审议，本次会议审议并通过了以下议案： 一、审议通过《关于控股子公司向其全资子公司增资的议案》 证券代码： 688121 证券简称：卓然股份 公告编号：2025-020 上海卓然工程技术股份有限公司 第三届监事会第十七次会议决议公告 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、准确性和完整性依法承担法律责任。 上海卓然工程技术股份有限公司（以下简称"公司"）于 2025 年 6 月 17 日， 向全体监事发出了关于召开公司第三届监事会第十七次会议通知。本次会议于 2025 年 6 月 19 日以现场表决的方式召开，会议应参加监事 3 人，实际参加监事 3 人。 本次会议召开符合《中华人民共和国公司法》、《上海证券交易所科创板股票 上市规则》等有关法律、行政法规、部门规章、规范性文件和《上海卓然工程技 术股份有限公司章程》的规定，会议召开合法、有效。 上海卓然工程技术股份有限公司监事会 2025 年 6 月 20 日 监事会认为：本次增资系在公司合并报表范围内控股子公司与其全资子公司 之间增资划转，有利于优化资产结构，符合公司的整体发展战略； ...

证券代码：688121 证券简称：卓然股份 公告编号： 2025-021 上海卓然工程技术股份有限公司 增资标的名称：卓和（岱山）能源科技有限公司（以下简称"卓和"） 资金来源及增资金额：公司控股子公司卓然（浙江）集成科技有限公司（以 下简称"卓科"）拟以合计对价人民币 69,637.26 万元的所属相关资产，以资产 注入形式注入至全资子公司卓和进行增资。 本次增资事项已经公司第三届董事会第十九次会议、第三届监事会第十七次 会议审议通过，无需提交公司股东大会审议。 本次增资完成后，卓和仍为卓科全资子公司，本次资产注入事项不会导致公 司合并报表范围的变化，不涉及关联交易，也不构成《上市公司重大资产重组管 理办法》规定的重大资产重组。 关于控股子公司向其全资子公司增资的公告 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： 现将相关情况公告如下： 一、本次增资及资产注入概述 为充分利用公司资源，进一步提高内部运营及管理效率，公司控股子公司卓 科拟将其相关资产注入至其全资子公司卓和，以资产注入形式进行增资。本次注 ...

证券代码：688121 证券简称：卓然股份 公告编号：2025-019 上海卓然工程技术股份有限公司 2024年年度股东大会决议公告 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。 重要内容提示： 本次会议是否有被否决议案：无 一、 会议召开和出席情况 （一） 股东大会召开的时间：2025 年 6 月 19 日 （二） 股东大会召开的地点：上海市长宁区福泉北路 505 号虹桥世茂睿选尚品 酒店 VIP3 会议室 （三） 出席会议的普通股股东、特别表决权股东、恢复表决权的优先股股东及 其持有表决权数量的情况： | 1、出席会议的股东和代理人人数 | 49 | | --- | --- | | 普通股股东人数 | 49 | | 2、出席会议的股东所持有的表决权数量 | 96,007,528 | | 普通股股东所持有表决权数量 | 96,007,528 | | 3、出席会议的股东所持有表决权数量占公司表决权数量的比 | 42.2630 | | 例（%） | | | 普通股股东所持有表决权数量占公司表决权数量的比例（%） | 42.2 ...