证券代码：688408 证券简称：中信博 公告编号：2024-031 江苏中信博新能源科技股份有限公司 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 一、 会议召开和出席情况 （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 | 125 | | --- | --- | | 普通股股东人数 | 125 | | 2、出席会议的股东所持有的表决权数量 | 71,823,949 | | 普通股股东所持有表决权数量 | 71,823,949 | | 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 | 53.3771 | | 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（%） | 53.3771 | （四） 表决方式是否符合《公司法》及公司章程的规定，大会主持情况等。 本次股东大会由公司董事会召集，董事周石俊先生主持，大会采用现场投票 与网 ...

海润天睿律师事务所 HAI RUN LAW FIRM 北京海润天睿律师事务所 关于江苏中信博新能源科技股份有限公司 2023 年年度股东大会的 法律意见书 中国·北京 朝阳区建大街甲 14 号广播大厦 5 层､9 层､10 层､13 层、邮政编码:100022 5F/9F/10F/13F/17F Broadcasting Mansion, No.14A Jianwai Avenue, Chaoyang District, Beijing, 100022, China 电话(Tel):86-10-65219696 传真(Fax):86-10-88381869 二〇二四年五月 见证意见 北京海润天睿律师事务所 关于江苏中信博新能源科技股份有限公司 2023 年年度股东大会的法律意见书 致: 江苏中信博新能源科技股份有限公司 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》）和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》)的规定,北京海润天睿律师事务所接受 江苏中信博新能源科技股份有限公司(以下简称公司)董事会的委托,指派律师 出席并见证 ...

国投证券股份有限公司 关于江苏中信博新能源科技股份有限公司 2023 年度持续督导跟踪报告 根据《证券法》《证券发行上市保荐业务管理办法》和《上海证券交易所科 创板股票上市规则》等有关法律、法规的规定，国投证券股份有限公司（以下简 称"国投证券"或"保荐机构"）作为江苏中信博新能源科技股份有限公司（以 下简称"中信博"或"公司"）首次公开发行股票并在科创板上市的保荐机构， 负责中信博上市后的持续督导工作，并出具本持续督导跟踪报告。 | 序号 | 工作内容 | 持续督导情况 | | --- | --- | --- | | | 建立健全并有效执行持续督导工作制度， | 保荐机构已建立健全并有效执行了持续 | | 1 | 并针对具体的持续督导工作制定相应的 | | | | | 督导工作制度，并制定了相应的工作计划 | | | 工作计划 | | | | 根据中国证监会相关规定，在持续督导工 | 保荐机构已与公司签订保荐协议，约定了 | | | 作开始前，与上市公司或相关当事人签署 | 保荐机构在持续督导期内，持续督导公司 | | 2 | 持续督导协议，明确双方在持续督导期间 | 规范运作、信守承诺和信息披露等义务， ...

国投证券股份有限公司 关于江苏中信博新能源科技股份有限公司 首次公开发行股票并在科创板上市 之保荐总结报告书 国投证券股份有限公司（以下简称"国投证券"、"保荐机构"）作为江苏中信 博新能源科技股份有限公司（以下简称"中信博"、"公司"或"发行人"）的保荐机 构，按照《证券发行上市保荐业务管理办法》《上海证券交易所科创板股票上市 规则》等相关法律、法规及规范性文件的要求，对中信博履行尽职推荐及持续督 导义务。截至 2023 年 12 月 31 日，国投证券对中信博首次公开发行股票的持续 督导期限届满，按照《证券发行上市保荐业务管理办法》等相关法律、法规及规 范性文件要求，出具本保荐总结报告书。 一、保荐机构及保荐代表人承诺 （一）保荐总结报告书和证明文件及其相关资料的内容不存在虚假记载、误 导性陈述或重大遗漏，保荐机构及保荐代表人对其真实性、准确性、完整性承担 法律责任。 （二）保荐机构及保荐代表人自愿接受中国证券监督管理委员会（以下简称 "中国证监会"）对保荐总结报告书相关事项进行的任何质询和调查。 （三）保荐机构及保荐代表人自愿接受依据中国证监会《证券发行上市保荐 业务管理办法》等有关规定采取的监管措施。 ...

江苏中信博新能源科技股份有限公司 审计报告及财务报表 2017年1月1日至2019年12月31日 3-2-1-1 the states of the subject of 江苏中信博新能源科技股份有限公司 审计报告及财务报表 (2017年1月1日 至 2019年12月31日止) | 目录 | 页次 | | --- | --- | | 审计报告 | 1-4 | | 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 | 9-14 | | 财务报表附注 | 1-146 | 3-2-1-2 e 立信会计师事务所(特殊普通合伙) BDO CHINA SHU LUN PAN CERTIFIED PUBLIC ACCOUNTANTS L 审计报告 信会师报字[2020]第 ZF10029 号 江苏中信博新能源科技股份有限公司全体股东: 一、审计意见 我们审计了江苏中信博新能源科技股份有限公司(以下简称中信 博)财务报表,包括2017年12月31日、201 ...

证券简称：中信博 证券代码：688408 2023 年年度股东大会会议材料 江苏中信博新能源科技股份有限公司 2023 年年度股东大会 会议资料 二零二四年五月十五日 1 2023 年年度股东大会会议材料 目录 | 2023 | 年年度股东大会会议须知 3 | | | --- | --- | --- | | 2023 | 年年度股东大会会议议程 5 | | | 议案一、关于公司 | 2023 | 年度董事会工作报告的议案 7 | | 议案二、关于公司 | 2023 | 年度监事会工作报告的议案 14 | | 议案三、关于公司 | 2023 | 年年度报告全文及摘要的议案 18 | | 议案四、关于公司 | 2023 | 年度财务决算报告的议案 19 | | 议案五、关于公司 | 2023 | 年度利润分配及资本公积转增股本预案的议案 34 | | 议案六、关于公司 | 2023 | 年度计提资产减值准备的议案 35 | | 议案七、关于公司续聘 | 2024 | 年度审计机构的议案 36 | | 议案八、关于公司预计 | 2024 | 年度担保额度的议案 37 | | 议案九、关于公司预计 | 2024 | ...

Investment Rating - The report maintains a "Buy" rating for the company with a target price of 129.00 CNY over the next six months [3][12][23]. Core Insights - The company achieved a significant revenue increase of 72.59% year-on-year in 2023, reaching 6.39 billion CNY, and a net profit increase of 676.58%, amounting to 345.04 million CNY. In Q1 2024, revenue surged by 122.47% year-on-year to 1.81 billion CNY, with net profit growing by 297.18% to 154 million CNY [23][24]. - The company's growth is driven by increased demand in overseas markets such as the Middle East, Latin America, and India, leading to substantial growth in its mounting bracket business [23][24]. - The report highlights the company's strategic focus on vertical and horizontal integration in the photovoltaic mounting bracket sector, which has enhanced its global marketing network and supply chain capabilities [23][24]. Financial Performance Summary - **Revenue and Profit Forecasts**: - 2023 Revenue: 6,390.16 million CNY, 2024E: 9,830.00 million CNY, 2025E: 12,080.00 million CNY, 2026E: 14,430.00 million CNY [4][27]. - 2023 Net Profit: 345.04 million CNY, 2024E: 700.88 million CNY, 2025E: 883.66 million CNY, 2026E: 1,080.41 million CNY [4][27]. - **Earnings Per Share (EPS)**: - 2023: 2.54 CNY, 2024E: 5.16 CNY, 2025E: 6.51 CNY, 2026E: 7.95 CNY [4][27]. - **Valuation Ratios**: - PE Ratio: 2023: 42, 2024E: 20, 2025E: 16, 2026E: 13 [4][27]. - PB Ratio: 2023: 5.12, 2024E: 4.20, 2025E: 3.45, 2026E: 2.83 [4][27]. Business Segment Performance - The photovoltaic mounting bracket business generated 5.66 billion CNY in revenue in 2023, a 74.83% increase year-on-year. The revenue from fixed brackets was 2.06 billion CNY (up 26.34%), while tracking brackets generated 3.60 billion CNY (up 124.13%) [23][24]. - The company expects to maintain strong growth in tracking bracket shipments, projecting 15 GW in 2024, 20 GW in 2025, and 25 GW in 2026 [25][26]. Market Position and Competitive Advantage - The company is positioned as a leader in the export of tracking brackets, benefiting from the explosive demand in regions like the Middle East, Latin America, and India. Its overseas supply chain advantages are expected to enhance its market share alongside Chinese EPC companies [12][23][24].

Investment Rating - The report maintains a "Buy" rating for the company, with a target price of 129.00 CNY for the next six months [28][32]. Core Views - The company achieved significant revenue growth in 2023, with total revenue reaching 63.90 billion CNY, a year-on-year increase of 72.59%, and a net profit of 3.45 billion CNY, up 676.58% [26]. - The first quarter of 2024 saw a revenue of 18.14 billion CNY, representing a 122.47% year-on-year growth, and a net profit of 1.54 billion CNY, up 297.18% [26]. - The company benefits from expanding overseas markets, particularly in the Middle East, Latin America, and India, leading to substantial growth in its bracket business [26]. - The company has a strong order backlog of approximately 6.8 billion CNY as of the end of Q1 2024, ensuring continued revenue growth [26]. Summary by Sections Financial Performance - In 2023, the company's photovoltaic bracket business generated 56.60 billion CNY, a 74.83% increase year-on-year, with fixed bracket revenue at 20.62 billion CNY (up 26.34%) and tracking bracket revenue at 35.98 billion CNY (up 124.13%) [26]. - The company expects revenues for 2024 to reach 98.30 billion CNY, with net profits projected at 7.01 billion CNY, corresponding to a PE ratio of 20 [17][41]. Profitability and Margins - The gross margin for fixed brackets improved to 16.94%, up 5.55 percentage points year-on-year, while tracking brackets saw a gross margin of 19.96%, up 6.19 percentage points [26]. - The overall gross margin for the company reached 20.79% in Q1 2024, reflecting a 0.90 percentage point increase from the previous quarter [26]. Market Position and Strategy - The company is positioned as a leader in the overseas tracking bracket market, benefiting from the demand surge in regions like the Middle East and Latin America [32]. - The report highlights the company's vertical and horizontal integration strategy in the photovoltaic bracket sector, which enhances its global marketing network and supply chain capabilities [26]. Future Outlook - The company is projected to maintain strong growth in the coming years, with expected revenues of 98.30 billion CNY in 2024, 120.80 billion CNY in 2025, and 144.30 billion CNY in 2026 [41]. - The net profit forecasts for the same years are 7.01 billion CNY, 8.84 billion CNY, and 10.80 billion CNY, respectively, indicating a robust growth trajectory [17][41].

Investment Rating - The investment rating for the company is "Buy" and is maintained [9][20]. Core Insights - The company reported a significant revenue increase of 73% year-on-year in 2023, reaching 6.39 billion yuan, with a net profit growth of 677% to 345 million yuan [2]. - The company has a strong order backlog of 6.8 billion yuan as of the end of Q1 2024, which supports continued high revenue growth throughout the year [3]. - The company is capitalizing on growth opportunities in non-European and American markets, particularly in Latin America, while also strengthening its presence in the Middle East and India [3]. - The gross margin for the company improved significantly in 2023, reaching 18.1%, driven by increased sales volume and lower raw material costs [8]. Financial Performance Summary - In Q4 2023, the company achieved a revenue of 2.997 billion yuan, a year-on-year increase of 108% and a quarter-on-quarter increase of 104% [2]. - For Q1 2024, the company reported a revenue of 1.814 billion yuan, a year-on-year increase of 122%, although it experienced a quarter-on-quarter decline of 39% [2]. - The gross margin for Q1 2024 reached 20.8%, reflecting a year-on-year increase of 7.3 percentage points [33]. - The company’s net profit margin has shown a clear upward trend, with net profit margins of 4.0%, 6.3%, and 8.5% in Q3 2023, Q4 2023, and Q1 2024, respectively [37].

Financial Performance - Fixed bracket revenue reached 2.062 billion yuan, a year-on-year increase of 26.34% [1] - Tracking bracket revenue reached 3.598 billion yuan, a year-on-year increase of 124.13% [1] - BIPV revenue reached 650 million yuan, a year-on-year increase of 65.16% [1] - Domestic project revenue reached 3.136 billion yuan, a year-on-year increase of 53.49% [1] - Overseas project revenue reached 3.233 billion yuan, a year-on-year increase of 96.93% [1] - Photovoltaic bracket business revenue reached 5.66 billion yuan, a year-on-year increase of 74.83% [1] - Fixed bracket gross margin was 16.94%, an increase of 5.55 percentage points year-on-year [2] - Tracking bracket gross margin was 19.96%, an increase of 6.19 percentage points year-on-year [2] - Comprehensive bracket business gross margin was 18.86%, an increase of over 6 percentage points year-on-year [2] Operational Highlights - In Q1 2024, the company delivered approximately 3.82GW of tracking bracket products and 860MW of fixed bracket products [2] - Overseas photovoltaic bracket deliveries totaled approximately 3.6GW, while domestic deliveries totaled approximately 1GW [2] - The company plans to invest in localized production capacity in key overseas markets such as the Middle East and Latin America to support global delivery capabilities [3] Market Strategy - In the Indian market, the company has a 60% stake in a joint venture with Adani to establish a local production base, ensuring delivery capabilities and maintaining a leading position [2] - In the Middle East market, the company plans to promote its 1P dual-row multi-point parallel drive tracking technology to enhance customer value and brand competitiveness [2] - The company has established 17 overseas branches and 3 regional headquarters in Brazil, Spain, and Dubai to strengthen local services and delivery capabilities [3] Risk Management - The company will strengthen customer credit checks and financial assessments before signing overseas orders to reduce commercial risks [3] - To address high cash outflows in Q1 2024, the company will focus on balancing cash flow, increasing accounts receivable collection, and screening customers with low cash payment rates [2] Industry Insights - Domestic tracking bracket penetration is lower than overseas markets due to factors such as power consumption barriers, price sensitivity, and low product recognition [4] - The company aims to promote the advantages of tracking brackets in the domestic market through communication with stakeholders and market cultivation [4] - Logistics costs for overseas deliveries vary depending on project location and delivery methods, with the company actively building a global supply chain to reduce costs [3]