证券代码：688425 证券简称：铁建重工 公告编号：2024-036 中国铁建重工集团股份有限公司 关于公司核心技术人员离职的公告 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： 中国铁建重工集团股份有限公司（以下简称公司）核心技术人员何其平 先生因个人年龄原因于近日从公司正式退休，其退休后不在公司担任任何职务。 何其平先生与公司签有《员工保守商业秘密协议书》《保密及竞业限制 协议书》，负有相应的保密义务及竞业限制义务。 一、核心技术人员离职的具体情况 核心技术人员何其平先生因个人年龄原因于近日从公司正式退休，并办理完 成工作移交及退休手续，其退休后不在公司担任任何职务。 （一）核心技术人员的具体情况 何其平先生于 2009 年 11 月加入公司，离职前担任公司首席技术官、产品设 计监督官、企业技术中心副主任，为公司核心技术人员。截至本公告披露日，何 其平先生未持有公司股份。 （二）保密及竞业限制情况 根据公司与何其平先生签署的《员工保守商业秘密协议书》《保密及竞业限 制协议书》，双方同意，无论何其平先生 ...

Investment Rating - The report maintains an "Accumulate" rating for the company [3]. Core Views - The company, China Railway Construction Heavy Industry (铁建重工), is a leader in tunnel engineering equipment and has shown significant growth in Q3 2024, with a notable increase in single-quarter profits due to cost reduction and efficiency improvements [1][4]. - The demand for tunnel boring machines (TBM) is expanding from transportation to water conservancy and mining sectors, supported by national strategies such as the Western Development strategy [1][4]. - The company has a competitive edge in the market, with a leading market share in TBM and specialized equipment, and is benefiting from an "overseas-first" strategy that has resulted in substantial growth in overseas orders [1][4]. Summary by Sections Company Overview - China Railway Construction Heavy Industry was established in December 2006 and became the first engineering machinery company listed on the Sci-Tech Innovation Board in 2021. It has received national recognition as a "specialized and innovative small giant" in 2021 and 2023 [1][15]. Main Business Overview - The company's main products include tunnel boring machines (TBM), rail transit equipment, and specialized equipment, with revenue contributions of approximately 50%, 29%, and 21% respectively in 2023 [1][15]. Financial Analysis - From 2017 to 2023, the company's revenue increased from 6.65 billion to 10.03 billion yuan, with a net profit rising from 1.14 billion to 1.59 billion yuan. The gross margin has remained stable between 30-35% [1][27]. Tunnel Boring Equipment Market - The total market size for full-face tunnel boring machines is approximately 24.3 billion yuan, with an annual production of around 700 units in China [1][34]. Competitive Advantages - The company holds a leading market share in TBM, with a 56% share in 2022, and has a strong presence in various specialized equipment sectors. The overseas market strategy has also shown significant results, with overseas revenue increasing by 74.28% in H1 2024 [1][4][28]. Profit Forecast - The company is expected to generate revenues of 9.52 billion, 10.95 billion, and 12.91 billion yuan for 2024, 2025, and 2026 respectively, with corresponding net profits of 1.46 billion, 1.86 billion, and 2.23 billion yuan [4][5].

Financial Overview - In the first nine months of 2024, the company achieved operating revenue of 6.801 billion CNY, with Q3 revenue of 1.997 billion CNY, representing a year-on-year growth of 9.05% [3] - Profit for the same period reached 1.029 billion CNY, with Q3 profit of 306 million CNY, showing a significant increase [3] - Net cash flow from operating activities was 889 million CNY, reflecting a year-on-year increase [3] Contract Acquisition - Total contracts signed in the first nine months of 2024 amounted to 105.89 billion CNY, with tunnel boring machines contributing 6.917 billion CNY (20% of total), specialized equipment 1.563 billion CNY (15%), and rail transit equipment 2.109 billion CNY (20%) [3] - Domestic contracts accounted for 78.39 billion CNY (74%), while overseas contracts were 26% of the total [3] Overseas Market Performance - New contracts signed overseas in the first nine months of 2024 reached 4.5 billion CNY, marking a year-on-year growth of 49.27%, the highest in history [3] - The company has consistently increased its overseas contract acquisition over the past three years, with figures of 770 million CNY (2021), 1.35 billion CNY (2022), and 2.06 billion CNY (2023) [3] Product Applications and Future Outlook - The company's products are applied in urban rail transit, railways, and highways, with a focus on expanding into new markets such as water conservancy and mining [4] - The company is actively pursuing opportunities in water conservancy projects and enhancing its mining equipment applications [4] R&D and Technological Advancements - R&D investment totaled 631 million CNY in the first nine months of 2024, with an R&D intensity of 9.27% [4] - The company has made significant progress in core technologies for underground engineering equipment, including breakthroughs in key components like main bearings and hydraulic pumps [4] Emerging Equipment and Agricultural Machinery - The company has developed innovative high-altitude equipment and agricultural machinery, including a series of products for high-altitude construction and cotton harvesting [5] - New agricultural machinery products were showcased at the 2024 China International Agricultural Machinery Exhibition, highlighting the company's commitment to expanding its product line [5]

中国国际金融股份有限公司 关于中国铁建重工集团股份有限公司 使用部分闲置募集资金暂时补充流动资金的核查意见 中国国际金融股份有限公司（以下简称"中金公司"或"保荐机构"）作为中国铁建重 工集团股份有限公司（以下简称"铁建重工"或"公司"）的保荐机构，根据《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》《上市公司监管指引第 2 号——上市公司募集资金管理和使用的监管要求》等有关法律、行政法规、部门规章 及业务规则的要求，对公司本次使用部分闲置募集资金暂时补充流动资金的相关事项进 行了核查，具体情况如下： 一、募集资金基本情况 根据中国证券监督管理委员会出具的《关于同意中国铁建重工集团股份有限公司首 次公开发行股票注册的批复》（证监许可〔2021〕1713 号），公司向社会公众公开发行 人民币普通股（A 股）股票的数量为：1,285,180,000 股（超额配售选择权行使之前）； 1,477,957,000 股（超额配售选择权全额行使后），发行价为每股人民币 2.87 元。 1 二、募集资金投资项目情况 根据《中国铁建重工集团股份有限公司首次公开发行股票并在科创板上市招股说明 书》《中国铁建 ...

Financial Performance - The company's operating revenue for the third quarter was CNY 199,738.11 million, representing a year-on-year increase of 9.05%[2] - The net profit attributable to shareholders for the third quarter was CNY 30,646.69 million, showing a significant increase of 61.03% compared to the same period last year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 29,471.68 million, reflecting a substantial increase of 126.31% year-on-year[2] - Total operating revenue for the first three quarters of 2024 was CNY 6,800,530,313.02, a decrease of 8.06% compared to CNY 7,395,467,448.36 in the same period of 2023[14] - Net profit for the first three quarters of 2024 was CNY 1,029,674,545.67, a decrease of 15.29% compared to CNY 1,215,875,612.72 in 2023[15] - The operating profit for the first three quarters of 2024 was CNY 1,119,289,765.54, down from CNY 1,335,442,806.37 in the same period of 2023[14] Cash Flow - The cash flow from operating activities for the year-to-date period was CNY 89,065.00 million, which is an increase of 98.13% compared to the previous year[5] - Total cash inflow from operating activities for the first three quarters of 2024 was CNY 7,046,582,080.48, compared to CNY 6,952,642,529.85 in the same period of 2023, representing an increase of approximately 1.35%[16] - Net cash flow from operating activities increased to CNY 890,650,014.50 in 2024 from CNY 449,535,777.63 in 2023, showing a significant improvement[16] - Cash outflow for purchasing goods and services decreased to CNY 4,421,988,523.36 in 2024 from CNY 4,503,671,502.16 in 2023, a reduction of about 1.81%[16] - Cash inflow from investment activities was CNY 8,889.60 in Q3 2024, up from CNY 7,568.00 in Q3 2023[17] - Net cash flow from financing activities improved to CNY 396,902,475.79 in 2024 from CNY 149,422,689.75 in 2023[17] - The company experienced a net increase in cash and cash equivalents of CNY 748,705,554.83 in 2024, contrasting with a decrease of CNY 545,998,980.11 in 2023[17] Assets and Liabilities - The total assets at the end of the reporting period were CNY 2,811,976.40 million, marking a 10.53% increase from the end of the previous year[3] - The total assets of China Railway Construction Heavy Industry Group Co., Ltd. amounted to CNY 28,119,763,961.54, an increase from CNY 25,440,993,131.70 as of December 31, 2023, reflecting a growth of approximately 10.5%[11] - The total liabilities of the company were CNY 17,687,445,198.40, up from CNY 14,897,760,968.28, indicating an increase of approximately 18.6%[11] - The total liabilities increased to CNY 11,016,664,229.49 in Q3 2024, compared to CNY 8,886,193,394.74 in Q3 2023, reflecting a growth of 24.8%[14] - The total equity attributable to shareholders increased to CNY 17,081,352,690.15 in Q3 2024, up from CNY 16,533,286,278.24 in Q3 2023, representing a growth of 3.31%[14] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 67,434, with the largest shareholder being China Railway Construction Corporation holding 71.93% of shares[6] Research and Development - Research and development (R&D) expenses totaled CNY 20,983.04 million, a decrease of 7.92% year-on-year, with R&D expenses accounting for 10.51% of operating revenue[3] - Research and development expenses for the first three quarters of 2024 were CNY 630,528,579.52, a decrease of 6.09% from CNY 671,399,643.73 in 2023[14] Earnings Per Share - The basic earnings per share for the third quarter was CNY 0.06, an increase of 50.00% compared to the same period last year[5] - The diluted earnings per share for the third quarter was also CNY 0.06, reflecting a 50.00% increase year-on-year[5] - Basic earnings per share for Q3 2024 were CNY 0.19, down from CNY 0.23 in Q3 2023[16] Other Financial Metrics - The return on equity (ROE) for the reporting period was 1.81%, an increase of 0.62 percentage points compared to the previous year[3] - The company reported a decrease in other comprehensive income after tax to CNY -1,359,820.58 in Q3 2024, compared to CNY 7,567,817.06 in Q3 2023[15] - The financial expenses for the first three quarters of 2024 were CNY 40,882,156.14, significantly higher than CNY 14,523,503.00 in 2023[14] Inventory and Receivables - Accounts receivable increased to CNY 9,588,948,226.89 from CNY 8,616,531,520.58, representing a growth of approximately 11.3%[11] - Inventory levels rose to CNY 5,687,704,798.12, compared to CNY 4,589,628,716.03, marking an increase of around 24%[11]

证券代码：688425 证券简称：铁建重工 公告编号：2024-034 中国铁建重工集团股份有限公司 关于使用部分闲置募集资金暂时补充流动资金的公告 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。 中国铁建重工集团股份有限公司（以下简称公司）于 2024 年 10 月 30 日召开 第二届董事会第十八次会议、第二届监事会第十二次会议，审议通过了《关于使 用部分闲置募集资金暂时补充流动资金的议案》，同意公司使用额度不超过人民 币 80,000.00 万元（含本数）的闲置募集资金暂时补充流动资金，使用期限自公司 董事会审议通过之日起不超过 12 个月。具体情况如下： 一、募集资金的基本情况 根据中国证券监督管理委员会出具的《关于同意中国铁建重工集团股份有限 公司首次公开发行股票注册的批复》（证监许可〔2021〕1713 号），公司向社会 公众公开发行人民币普通股（A 股）股票的数量为：128,518.00 万股（超额配售 选择权行使之前）；147,795.70 万股（超额配售选择权全额行使后），发行价为 每股人民币 2.87 ...

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。 证券代码：688425 证券简称：铁建重工 公告编号：2024-035 中国铁建重工集团股份有限公司 第二届监事会第十二次会议决议公告 一、监事会会议召开情况 中国铁建重工集团股份有限公司（以下简称公司）第二届监事会第十二次会 议于 2024 年 10 月 30 日以现场会议与视频会议相结合的方式召开。监事会会议 通知和材料于 2024 年 10 月 18 日以电子邮件等方式送达全体监事。应出席会议 监事 3 名，实际出席会议监事 3 名。会议由监事会主席胡晓兵先生主持。本次会 议的召开符合有关法律、行政法规、部门规章、规范性文件和《中国铁建重工集 团股份有限公司章程》及《中国铁建重工集团股份有限公司监事会议事规则》的 规定，形成的决议合法、有效。 二、监事会会议审议情况 会议审议并以记名投票方式表决通过了以下议案，作出如下决议： （一）审议通过《关于 2024 年第三季度报告的议案》 经审议，公司《2024 年第三季度报告》的编制和审议程序符合法律、行政 法规及中国证监会的 ...

证券代码：688425 证券简称：铁建重工 公告编号：2024-033 中国铁建重工集团股份有限公司 2024 年前三季度重大合同签约中标公告 二、2024 年 7-9 月重大合同签约/中标情况 单位：万元 币种：人民币 （一）按业务类型统计 单位：万元 币种：人民币 | 序号 | 业务类型 | 2024 年 1-9 月 | 2023 年 1-9 月 | 同比增减 | | --- | --- | --- | --- | --- | | 1 | 隧道掘进机业务 | 691,654.86 | 744,744.37 | -7.13% | | 2 | 特种专业装备业务 | 156,317.11 | 211,129.10 | -25.96% | | 3 | 轨道交通设备业务 | 210,970.24 | 254,994.67 | -17.26% | | | 合计 | 1,058,942.21 | 1,210,868.14 | -12.55% | （二）按地区分布统计 单位：万元 币种：人民币 | 地区分布 | 2024 年 | 1-9 | 月 | 2023 年 1-9 月 | 同比增减 | | --- | --- | ...

在上述决议期限内，公司实际使用人民币 100,000 万元闲置募集资金暂时补 充流动资金。公司对该等募集资金进行了合理安排与使用，未影响募集资金投资 项目的正常进行。 2024 年 1 月 10 日，公司将人民币 20,000 万元提前归还至上述暂时补充流动 资金的闲置募集资金专用账户，具体情况详见公司于 2024 年 1 月 11 日在上海证 券交易所网站（www.sse.com.cn）披露的《中国铁建重工集团股份有限公司关于 归还暂时补充流动资金的闲置募集资金的公告》（公告编号：2024-001）。2024 年 7 月 9 日，公司将人民币 10,000 万元提前归还至上述暂时补充流动资金的闲 置募集资金专用账户，具体情况详见公司于 2024 年 7 月 10 日在上海证券交易所 网站（www.sse.com.cn）披露的《中国铁建重工集团股份有限公司关于归还暂时 补充流动资金的闲置募集资金的公告》（公告编号：2024-022）。2024 年 9 月 27 日，公司将人民币 10,000 万元提前归还至上述暂时补充流动资金的闲置募集 资金专用账户，具体情况详见公司于 2024 年 9 月 28 日在上海证 ...

中国铁建重工集团股份有限公司（以下简称"公司"）于 2023 年 11 月 22 日召开第二届董事会第十一次会议、第二届监事会第八次会议，审议通过了《关 于使用部分闲置募集资金暂时补充流动资金的议案》，同意公司使用额度不超过 人民币 120,000 万元（含本数）的闲置募集资金暂时补充流动资金，使用期限自 公司董事会审议通过之日起不超过 12 个月，具体内容详见公司于 2023 年 11 月 23 日在上海证券交易所网站（www.sse.com.cn）披露的《中国铁建重工集团股份 有限公司关于使用部分闲置募集资金暂时补充流动资金的公告》（公告编号： 2023-050）。 在上述决议期限内，公司实际使用人民币 100,000 万元闲置募集资金暂时补 充流动资金。公司对该等募集资金进行了合理安排与使用，未影响募集资金投资 项目的正常进行。 2024 年 1 月 10 日，公司将人民币 20,000 万元提前归还至上述暂时补充流动 资金的闲置募集资金专用账户，具体情况详见公司于 2024 年 1 月 11 日在上海证 券交易所网站（www.sse.com.cn）披露的《中国铁建重工集团股份有限公司关于 归还暂时补充 ...