证券代码：688196 证券简称：卓越新能 公告编号：2024-018 龙岩卓越新能源股份有限公司 关于对上海证券交易所《2023 年年度报告信息披露监管问 询函》回复的公告 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。 龙岩卓越新能源股份有限公司（以下简称"公司"或"卓越新能"）于2024 年6月4日收到上海证券交易所科创板公司管理部下发的《关于对龙岩卓越新 能源股份有限公司2023年年度报告的信息披露监管问询函》（上证科创公函 【2024】0149号），以下简称"《问询函》"），要求公司对相关事项做出解 释和说明。 收到《问询函》后，公司高度重视，立即组织人员对《问询函》提及的 问题进行逐项确认，并与年审机构容诚会计师事务所（特殊普通合伙）（以 下简称"年审会计师"或"会计师"）就《问询函》中所列问题进行了认真核查， 会计师也已经出具相关专项说明。公司对《问询函》的答复具体如下： 问题1：关于业绩下滑 年报披露，公司主要产品生物柴油以出口为主，受国际原油及植物油价格 回落，及欧盟贸易摩擦调查影响，报告期内生物柴油销售价格 ...

证券代码：688196 证券简称：卓越新能 公告编号：2024-017 龙岩卓越新能源股份有限公司 2023 年年度权益分派实施公告 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： | 股权登记日 | 除权（息）日 | 现金红利发放日 | | --- | --- | --- | | 2024/6/6 | 2024/6/7 | 2024/6/7 | 一、 通过分配方案的股东大会届次和日期 本次利润分配方案经公司 2024 年5 月 17 日的2023 年年度股东大会审议通过。 二、 分配方案 截至股权登记日下午上海证券交易所收市后，在中国证券登记结算有限责任 公司上海分公司（以下简称"中国结算上海分公司"）登记在册的本公司全体股东。 三、 相关日期 | 股权登记日 | 除权（息）日 | 现金红利发放日 | | --- | --- | --- | | 2024/6/6 | 2024/6/7 | 2024/6/7 | 四、 分配实施办法 1. 实施办法 无限售条件流通股的红利委托中国结算上海分公司通过其资金清算系统 ...

证券代码：688196 证券简称：卓越新能 公告编号：2024-016 龙岩卓越新能源股份有限公司 关于调整全资子公司股权结构的公告 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。 为优化管理架构，龙岩卓越新能源股份有限公司（以下简称"公司"）于 2024 年 5 月 27 日召开第五届董事会第三次会议，审议通过《关于调整全资子 公司股权结构的议案》，拟将全资子公司 Excellence New Energy B.V.（以下 简称"荷兰卓越"）100%股权划转给全资子公司 Excellence New Energy (Singapore) Pte. Ltd.（以下简称"新加坡卓越）。本次股权划转后，荷兰卓 越由公司的全资子公司变更为全资孙公司。 本次股权划转事项为公司与全资子公司之间的内部股权划转，不涉及公司 合并报表范围变化。根据《上海证券交易所科创板股票上市规则》、《公司章 程》的相关规定，本次股权划转事项无须提交公司股东大会审议。本次股权划 转事项不构成关联交易，也不构成《上市公司重大资产重组管理办法》规定的 重大资 ...

北京德恒（深圳）律师事务所 关于龙岩卓越新能源股份有限公司 2023 年年度股东大会 的法律意见 深圳市福田区金田路 4018 号安联大厦 B 座 11 楼 电话:0755-88286488 传真:0755-88286499 邮编:518026 北京德恒（深圳）律师事务所 关于龙岩卓越新能源股份有限公司 2023年年度股东大会的法律意见 北京德恒（深圳）律师事务所 德恒 06G20240087-00001 号 致：龙岩卓越新能源股份有限公司 龙岩卓越新能源股份有限公司（以下简称"公司"、"卓越新能"）2023 年年度股东大会（以下简称"本次会议"）于 2024 年 5 月 17 日（星期五）召开。 北京德恒（深圳）律师事务所（以下简称"德恒"）受公司委托，指派李晖律师、 罗晋航律师（以下简称"德恒律师"）出席了本次会议。根据《中华人民共和国 证券法》（以下简称"《证券法》"）、《中华人民共和国公司法》（以下简称 "《公司法》"）、中国证券监督管理委员会《上市公司股东大会规则》（以下 简称"《股东大会规则》"）、《龙岩卓越新能源股份有限公司章程》（以下简 称"《公司章程》"）的规定，德恒律师就本次会议的召集、召 ...

龙岩卓越新能源股份有限公司 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 证券代码：688196 证券简称：卓越新能 公告编号：2024-015 一、 会议召开和出席情况 （一） 股东大会召开的时间：2024 年 05 月 17 日 （二） 股东大会召开的地点：福建省龙岩市新罗区东宝路 830 号龙岩卓越新 能源股份有限公司东宝生物能源分公司会议室 （三） 出席会议的普通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 | 6 | | --- | --- | | 普通股股东人数 | 6 | | 2、出席会议的股东所持有的表决权数量 | 90,070,062 | | 普通股股东所持有表决权数量 | 90,070,062 | | 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例 | 75.0583 | | （%） | | | 普通股股东所持有表决权数量占公司表决权数量的比例（%） | 75.0583 | （四） 表决方式 ...

龙岩卓越新能源股份有限公司 2023 年年度股东大会 证券代码：688196 证券简称：卓越新能 龙岩卓越新能源股份有限公司 2023 年年度股东大会 会议资料 龙岩市新罗区铁山镇平林（福建龙州工业园东宝工业集中区） 二零二四年五月 2023 年年度股东大会会议须知 为维护全体股东的合法权益，确保股东大会会议秩序和议事效率，保证股东大 会的顺利召开，根据《中华人民共和国公司法》（以下简称"《公司法》"）、《中华人 民共和国证券法》（以下简称"《证券法》"）、《上市公司股东大会规则》以及《龙岩 卓越新能源股份有限公司章程》（以下简称"《公司章程》"）和龙岩卓越新能源股份 有限公司（以下简称"公司"）《股东大会议事规则》等有关规定，特制定 2023 年 年度股东大会会议须知： 一、为保证本次大会的严肃性和正常秩序，切实维护股东的合法权益，除出席 会议的股东、公司董事、监事、高级管理人员、见证律师及董事会邀请的人员外， 公司有权依法拒绝其他无关人员进入会场。 二、出席会议的股东须在会议召开前 30 分钟到会议现场办理签到手续，并请 按规定出示证券账户卡、身份证明文件或法人单位证明、授权委托书等，代理人还 应当提交股 ...

证券代码：688196 证券简称：卓越新能 公告编号：2024-014 龙岩卓越新能源股份有限公司 关于召开 2023 年度暨 2024 年第一季度业绩说明会的公告 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： （网址：https://roadshow.sseinfo.com/） 会议召开方式：上证路演中心网络互动 投资者可于 2024 年 05 月 15 日(星期三) 至 05 月 21 日(星期二)16:00 前登 录上证路演中心网站首页点击"提问预征集"栏目或通过公司投资者关系邮箱 zyxnyir@163.com 进行提问。公司将在说明会上对投资者普遍关注的问题进行回 答。 龙岩卓越新能源股份有限公司（以下简称"公司"）已于 2024 年 4 月 20 日 发布公司 2023 年度报告和 2024 年第一季度报告，为便于广大投资者更全面深入 地了解公司经营成果、财务状况，公司计划于 2024 年 05 月 22 日 上午 09:00-10:00 举行 2023 年度暨 2024 年第一季度业绩说明会，就 ...

丨证券研究报告丨 [Table_Title] 卓越新能：量价或已筑底，期待国内外需求提升 [Table_Title2] 卓越新能：量价或已筑底，期待国内外需求提升公司研究丨点评报告 [Table_Rank]投资评级 增持丨维持 2024Q1 公司实现营收 8.68 亿元，同比降 3.09%，环比增 217.24%；归母净利润 0.29 亿元， 同比降 59.23%，环比扭亏；扣非归母净利润 0.24 亿元，同比降 64.6%，环比扭亏。 -11 盈利性大幅下滑原因：1）量价：2023 年欧盟多机构对我国出口的生物柴油开展审查，造 成欧洲客户对关税追溯调整的担忧，采购意愿下降，生物柴油量价齐跌。2）盈利性：降 至冰点还因地沟油价格维持相对刚性（因餐饮业恢复不及预期）。3）销售模式调整影响： 2023Q4 亏损因从第四季度起公司自主在欧洲开展销售业务，销售周期拉长，而折旧摊销 等为刚性成本，且 Q4 存员工奖金支出。 ⚫ 2024Q1 公司营收及归母净利润均环比改善，行业量价或筑底。2023 年 11/12 月、2024 年 1/2 月福建省生物柴油出口量为 3.4、3.6、3.3、3.4 万吨；出口均价为 75 ...

Investment Rating - The investment rating for the company is "Outperform the Market" and is maintained [2] Core Views - The company faced significant profit pressure in 2023, with a revenue of 2.812 billion yuan, down 35.29% year-on-year, and a net profit attributable to shareholders of 78.61 million yuan, down 82.60% year-on-year. The decline was primarily due to trade friction investigations initiated by the EU against Chinese biodiesel, which impacted the company's exports significantly [5][6] - In Q1 2024, the company's performance showed improvement, with revenue of 868 million yuan, down 3.09% year-on-year but up 217.24% quarter-on-quarter, and a net profit of 29.03 million yuan, down 59.23% year-on-year but turning profitable quarter-on-quarter [5] - The company plans to distribute a cash dividend of 2.70 yuan per 10 shares (including tax) to all shareholders [5] Summary by Sections Market Performance - The company's stock price has fluctuated between 23.23 yuan and 56.32 yuan over the past 52 weeks, with a closing price of 26.40 yuan on April 19, 2024 [2] Financial Performance - In 2023, the company produced 430,200 tons of biodiesel, a 5.6% increase year-on-year, but sold only 351,900 tons, a decrease of 13.1% year-on-year due to the impact of EU investigations [6][11] - The average selling price of biodiesel in 2023 was 7,397 yuan per ton, down 26.0% year-on-year due to falling international crude oil and vegetable oil prices [6] - The company’s biodiesel production capacity reached 500,000 tons per year by the end of 2023, with plans for steady capacity expansion in the future [6] Profit Forecast and Investment Rating - The forecast for net profit attributable to shareholders for 2024-2026 is 139 million yuan, 193 million yuan, and 318 million yuan respectively, with a projected book value per share of 23.36 yuan in 2024. The company is assigned a PE ratio of 25-30 for 2024, corresponding to a reasonable value range of 34.75-41.70 yuan [7][8]

Financial Performance - The company's operating revenue for 2023 was approximately ¥2.81 billion, a decrease of 35.29% compared to ¥4.34 billion in 2022[22]. - The net profit attributable to shareholders for 2023 was approximately ¥78.61 million, down 82.60% from ¥451.73 million in 2022[22]. - The net cash flow from operating activities was negative at approximately ¥322.77 million, a decline of 140.70% compared to ¥792.99 million in 2022[22]. - The basic earnings per share for 2023 was ¥0.66, a decrease of 82.45% from ¥3.76 in 2022[23]. - The net profit after deducting non-recurring gains and losses was approximately ¥108.06 million in 2023, down 77.45% from ¥479.28 million in 2022[22]. - The average selling price of biodiesel products decreased by 25.90% due to market fluctuations and EU anti-dumping investigations[90]. - Biodiesel sales volume decreased by 13.07% year-on-year, impacting overall revenue[90]. - The total revenue from the biomass energy segment was approximately RMB 2.60 billion, with a gross margin of 6.51%[95]. - Total revenue for the reporting period was 2,594,578,400.84 CNY, a decrease of 32.34% compared to the previous year[102]. Research and Development - Research and development expenses accounted for 5.30% of operating revenue in 2023, an increase from 4.62% in 2022[24]. - The company established 17 R&D projects in 2023, with R&D investment amounting to CNY 149 million, and filed 35 new patent applications[39]. - Total R&D expenditure for the year was approximately ¥149 million, a decrease of 25.74% compared to the previous year, while the R&D expenditure as a percentage of revenue increased to 5.30%[62]. - The company has increased its R&D personnel to 129, representing 19.88% of the total workforce, with an average salary of RMB 133,255.05[69]. - The company has developed core technologies for producing high-quality ester-based biodiesel and hydrocarbon biodiesel, with a focus on utilizing various waste oil feedstocks[58]. Corporate Governance - The company has not reported any significant risks that could materially affect its operations during the reporting period[4]. - The company has received a standard unqualified audit report from Rongcheng Accounting Firm[5]. - The company has not engaged in any non-operating fund occupation by controlling shareholders or related parties[7]. - The company has not violated decision-making procedures for providing guarantees[8]. - The company has not experienced any inability of the majority of directors to ensure the authenticity, accuracy, and completeness of the annual report[8]. - The company has not disclosed any special arrangements for corporate governance[8]. - The company’s governance practices comply with relevant laws and regulations, with no significant discrepancies noted[126]. - The company’s financial situation and decision-making processes were independently supervised by the board of supervisors[126]. - The company has established a comprehensive internal control management system, ensuring effective operation without significant defects[162]. Environmental and Social Responsibility - The company invested CNY 4.41 million in environmental protection during the reporting period[166]. - The company has not been listed as a key pollutant discharge unit by environmental protection authorities during the reporting period[167]. - The company implemented measures to reduce carbon emissions, including optimizing production processes and using biomass fuel[174]. - The company specializes in the production of biodiesel and bio-based materials from waste oils, contributing to a circular economy[175]. - The company has maintained a good environmental credit rating for several consecutive years, recognized as an environmentally friendly and trustworthy enterprise[176]. - The company actively engages in carbon reduction initiatives, focusing on sustainable operations and resource efficiency[175]. - The company donated a total of 46.54 million yuan in cash and 49 million yuan for public welfare projects during the reporting period[178]. Market Position and Strategy - The company’s international market position improved, with a focus on building a self-operated sales network in Europe[36]. - The company’s collaboration with Xiamen Haiao Group for a biodiesel application demonstration project was included in the national energy bureau's pilot list[38]. - The company has established a stable procurement system for waste oil, covering nationwide and Southeast Asia, ensuring stable supply and reasonable cost procurement[45]. - The domestic market for biodiesel is expected to accelerate due to national policies promoting non-grain biomass liquid fuels and the application of biodiesel[51]. - The company has built a self-operated sales network in Europe, enhancing its market competitiveness and customer responsiveness[74]. Shareholder and Financial Policies - The company plans to distribute a cash dividend of 2.70 CNY per 10 shares, totaling 32,400,000 CNY based on a total share capital of 120,000,000 shares as of December 31, 2023[5]. - The company declared a cash dividend of CNY 32,400,000, which represents 41.22% of the net profit attributable to ordinary shareholders in the consolidated financial statements[160]. - The company executed its dividend policy in compliance with its articles of association, with the 2022 profit distribution plan approved on April 21, 2023, and implemented on May 12, 2023[157]. - The company plans to strictly adhere to its profit distribution policy post-IPO, ensuring shareholder interests are protected[196]. Employee and Management Practices - The company has a total of 649 employees, with 335 in production, 33 in sales, 24 in procurement, 129 in technology, 35 in finance, and 93 in administration[153]. - The company’s training program focuses on enhancing employee skills and management capabilities through both online and offline methods[155]. - The total remuneration for directors, supervisors, and senior management during the reporting period amounted to 505.25 million yuan[133]. - The company has maintained transparency in the actual payment of remuneration to its directors and senior management, consistent with disclosures[140].