Financial Performance - The company reported a significant increase in revenue, achieving a total of 1.2 billion RMB for the fiscal year, representing a 15% year-over-year growth[17]. - The company's operating revenue for 2024 reached ¥1,861,833,087.23, representing a 20.17% increase compared to ¥1,549,332,511.65 in 2023[26]. - Net profit attributable to shareholders for 2024 was ¥180,733,804.13, a 10.89% increase from ¥162,989,065.42 in 2023[26]. - The net cash flow from operating activities increased by 346.93% to ¥201,716,278.29 in 2024, up from ¥45,134,240.39 in 2023[26]. - The overall gross margin improved to 35%, up from 30% in the previous year, reflecting better operational efficiency[17]. - The company achieved operating revenue of 1,861.83 million RMB, a year-on-year increase of 20.17%[38]. - The net profit attributable to shareholders was 180.73 million RMB, up 10.89% year-on-year[38]. - The company reported a total revenue of 133,209,000.00 RMB, with a net profit of 99,020,348.51 RMB, indicating a strong financial performance[94]. - The company reported a revenue increase of 15% year-over-year, reaching $1.2 billion in Q3 2023[178]. - The company reported a significant increase in user data, with a year-over-year growth of 25% in active users[196]. Dividend and Capital Structure - The company plans to distribute a cash dividend of 3 RMB per 10 shares (including tax) and to increase capital stock by 4 shares for every 10 shares held, resulting in a total cash dividend distribution of approximately 64.31 million RMB, which accounts for 35.58% of the net profit attributable to shareholders for the year[5]. - The total share capital after the proposed capital increase will rise to approximately 252.41 million shares, with an estimated increase of 71.45 million shares[5]. - The company has not conducted any share buybacks or cancellations during the reporting period[5]. - The company completed the acquisition of 100% equity in Chilean company Drillco, enhancing its hard alloy rock drilling tool industry layout[39]. - The company completed the acquisition of Xintima Tools, increasing its ownership from 20.885% to 66.7198%, with an investment of 85,702,100.01 RMB[154]. Research and Development - Research and development investments increased by 30%, totaling 150 million RMB, to enhance product innovation[17]. - Research and development expenses accounted for 4.26% of operating revenue in 2024, a decrease of 0.45 percentage points from 4.71% in 2023[27]. - The company has applied for 94 new intellectual property projects during the reporting period, with 43 projects granted authorization, including 8 invention patents[81]. - The total R&D investment for the year reached ¥79,344,012.64, an increase of 8.72% compared to the previous year, with R&D expenses accounting for 4.26% of operating revenue[83]. - The company is investing $50 million in R&D for new technologies aimed at enhancing product efficiency and sustainability[177]. Market Expansion and Strategy - The company is expanding its market presence in Southeast Asia, aiming for a 25% market share by 2025[17]. - The company is exploring potential acquisitions to strengthen its position in the market, with a budget of $100 million allocated for this purpose[177]. - The company is actively pursuing market expansion strategies, including potential mergers and acquisitions[196]. - The company plans to expand its international market presence, leveraging subsidiaries in Australia, the USA, and Chile to enhance sales channels and reduce delivery times[163]. - The company is focused on expanding its market presence and enhancing its competitive edge through continuous technological advancements and product improvements[98]. Operational Efficiency - The company has implemented cost-cutting measures that are projected to save 50 million RMB annually[17]. - The company has implemented cost-cutting measures that are projected to save $10 million annually[177]. - The company has a well-structured R&D system to meet specific customer needs and keep pace with market trends, ensuring continuous innovation[55]. - The company has established a complete core technology system in the hard alloy sector, ensuring strong market competitiveness with diverse product offerings and excellent performance[162]. Risk Management - The company has detailed various risks faced in its operations, which are elaborated in the "Management Discussion and Analysis" section[3]. - The company emphasizes the importance of understanding the risks associated with forward-looking statements regarding future plans and strategies[7]. - The company faces risks related to the potential loss of core technical personnel, which could adversely affect new product development and the maintenance of existing product competitiveness[105]. - Raw material costs account for over 70% of hard alloy production costs, and fluctuations in raw material prices could impact the company's gross margin and operating performance[109]. - The company's inventory value stands at 735.48 million yuan, representing 26.55% of current assets, which poses risks of inventory obsolescence or impairment if market demand declines[116]. Corporate Governance - The company approved the 2023 annual report and its summary during the meeting[170]. - The company plans to implement a 2024 financial budget, which was also approved[170]. - The board of directors and supervisory board will undergo re-election, with specific candidates nominated for non-independent and independent director positions[170]. - The company has a structured process for approving the remuneration plans for directors and supervisors, requiring shareholder approval[185]. - The company has maintained a consistent approach to remuneration for its management team, aligning with market averages for independent directors[185]. Awards and Recognition - The company received the "Outstanding Performance in Social Responsibility" award in Suzhou Industrial Park for its green production efforts in 2024[47]. - The company has been recognized as a "Little Giant" by the Ministry of Industry and Information Technology, with a review scheduled for 2024[64]. - The company’s subsidiary Jiangyi Co. received the "Benchmark Unit for Oil Equipment Service Guarantee" award, highlighting its innovation in oil and gas equipment[42].

Gongzheng Tianye Certified Public Accountants. SGP 苏州新锐合金工具股份有限公司 内控审计报告 2024年度 ·证天业会计师事务所(特殊普通合伙) (510) 68798988 6 (510) 68567788 : mail@gztycpa.cn Wuxi . Jiangsu . China Tel: 86 (510 ) 68798988 Fax: 86 (510) 68567788 E-mail: mail@gztycpa.cn 内部控制审计报告 苏公 W 2025 E1080 号 苏州新锐合金工具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,我们审计了苏州新锐合金工具股份有限公司(以下简称新锐股份)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 有效性是新锐股份董事会的责任。 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 ...

一、独立董事的基本情况 （一） 个人工作履历、专业背景以及兼职情况 何艳女士：1977 年 4 月出生，中国国籍，无境外永久居留权，博士研究生学 历，会计学副教授。1998 年 8 月至 2001 年 3 月，任苏州大学工学院会计学助教； 2001 年 4 月至 2004 年 3 月，任苏州大学商学院会计学助教；2004 年 4 月至 2019 年 7 月，任苏州大学商学院会计学讲师；2019 年 7 月至今，任苏州大学商学院 会计学副教授；2022 年 12 月至今，任苏州明志科技股份有限公司独立董事；2024 年 1 月至今，任常州市建筑科学研究院集团股份有限公司独立董事。自 2023 年 11 月起任新锐股份独立董事。 （二） 独立性说明 作为公司的独立董事，我具备独立董事任职资格，未在公司担任除独立董事 以外的任何职务，自身及直系亲属、主要社会关系均不在公司及其附属企业任职， 也没有在直接或间接持有公司 5%及以上股份的股东单位任职，未直接或间接持 苏州新锐合金工具股份有限公司 2024 年度独立董事述职报告 2024 年，我作为苏州新锐合金工具股份有限公司（以下简称"公司"或"新锐 股份"）的独立董 ...

苏州新锐合金工具股份有限公司 2024 年度独立董事述职报告 2024 年，我作为苏州新锐合金工具股份有限公司（以下简称"公司"或"新锐 股份"）的独立董事，严格按照《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》"）、《上市公司独立董事管理办 法》《上海证券交易所科创板股票上市规则》等法律法规、规范性文件要求，以 及《苏州新锐合金工具股份有限公司章程》（以下简称"《公司章程》"）《独立董 事工作制度》等制度规定，诚实、勤勉、独立地履行独立董事的职责，积极出席 公司股东大会、董事会及其专门委员会相关会议，认真审议董事会及其专门委员 会各项议案，对公司相关会议审议的各个重大事项发表了公正、客观的独立意见， 切实维护公司和公众股东的合法权益，促进公司规范运作，充分发挥了独立董事 及各专门委员会的作用。 现将 2024 年度履行独立董事职责的情况报告如下： 一、独立董事的基本情况 （一） 个人工作履历、专业背景以及兼职情况 叶秀进先生：1973 年 11 月出生，中国国籍，无境外永久居留权，本科学历， 拥有法律职业资格。1996 年 7 月至 1997 年 12 ...

苏州新锐合金工具股份有限公司 2024 年度独立董事述职报告 2024 年，我作为苏州新锐合金工具股份有限公司（以下简称"公司"或"新锐 股份"）的独立董事，严格按照《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》"）、《上市公司独立董事管理办 法》《上海证券交易所科创板股票上市规则》等法律法规、规范性文件要求，以 及《苏州新锐合金工具股份有限公司章程》（以下简称"《公司章程》"）《独立董 事工作制度》等制度规定，诚实、勤勉、独立地履行独立董事的职责，积极出席 公司股东大会、董事会及其专门委员会相关会议，认真审议董事会及其专门委员 会各项议案，对公司相关会议审议的各个重大事项发表了公正、客观的独立意见， 切实维护公司和公众股东的合法权益，促进公司规范运作，充分发挥了独立董事 及各专门委员会的作用。 现将 2024 年度履行独立董事职责的情况报告如下： 一、独立董事的基本情况 （一） 个人工作履历、专业背景以及兼职情况 张忠健先生：1958 年 9 月出生，中国国籍，无境外永久居留权，硕士研究生 学历，研究员级高级工程师。曾任株洲硬质合金厂技术员、高级工程师 ...

目 录 委托单位：苏州新锐合金工具股份有限公司 审计单位：公证天业会计师事务所（特殊普通合伙） 关于苏州新锐合金工具股份有限公司 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 联系电话：86 (510)68798988 1、 关于苏州新锐合金工具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 项说明 2、 苏州新锐合金工具股份有限公司 2024 年度非经营性资金占用及其他关联资金往来情 况 苏州新锐合金工具股份有限公司 非经营性资金占用及其他关联资 金往来情况的专项说明 2024年度 您可使用手机"扫一扫"或进入"注册会计师行业统一监管平台（bept/rection/x/x/1093/x/0) | 进行评估所 | ·证天业会计师事务所(特殊普通合伙) ngzheng Tianye Certified Public Accountants, SGP Wuxi .. Jiangsu . China Tel: 86 (510)68798988 86 (510)68567788 E-mail: mas @gztveria en 关于苏州新锐合金工具股份有限公司 非经营性资金占用及其他关联资金往 ...