证券代码：688480 证券简称：赛恩斯 公告编号：2024-026 赛恩斯环保股份有限公司 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： 会议召开时间：2024 年 6 月 6 日(星期四)上午 10:00-11:00 会 议 召 开 地 点 ： 上 海 证 券 交 易 所 上 证 路 演 中 心 （ 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 5 月 30 日(星期四) 至 6 月 5 日(星期三)前登录上 证路演中心网站首页点击"提问预征集"栏目或通过赛恩斯环保股份有限公司（以 下简称"公司"或""）邮箱 seshb_cn@126.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。 公司已于 2024 年 4 月 22 日发布公司 2023 年年度报告以及 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 202 ...

地址：上海市浦东新区银城中路 501 号上海中心大厦 9/11/12 层 电话：021-20511000 传真：021-20511999 邮编：200120 上海市锦天城律师事务所 法律意见书 上海市锦天城律师事务所 关于赛恩斯环保股份有限公司 2023 年年度股东大会的 法律意见书 上海市锦天城律师事务所 关于赛恩斯环保股份有限公司 2023 年年度股东大会的法律意见书 致：赛恩斯环保股份有限公司 上海市锦天城律师事务所（以下简称"本所"）接受赛恩斯环保股份有限公 司（以下简称"公司"）委托，就公司召开 2023 年年度股东大会（以下简称"本 次股东大会"）的有关事宜，根据《中华人民共和国公司法》（以下简称"《公 司法》"）、《上市公司股东大会规则》等法律、法规和其他规范性文件以及《赛 恩斯环保股份有限公司章程》（以下简称"《公司章程》"）的有关规定，出具 本法律意见书。 为出具本法律意见书，本所及本所律师依据《律师事务所从事证券法律业务 管理办法》和《律师事务所证券法律业务执业规则》等规定，严格履行了法定职 责，遵循了勤勉尽责和诚实信用原则，对本次股东大会所涉及的相关事项进行了 必要的核查和验证，审查了本 ...

证券代码：688480 证券简称：赛恩斯 公告编号：2024-025 赛恩斯环保股份有限公司 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 （一） 股东大会召开的时间：2024 年 5 月 14 日 （二） 股东大会召开的地点：湖南省长沙市岳麓区学士街道学士路 388 号 公司会议室 （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 | 12 | | --- | --- | | 普通股股东人数 | 12 | | 2、出席会议的股东所持有的表决权数量 | 39,078,462 | | 普通股股东所持有表决权数量 | 39,078,462 | | 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 | 41.21 | | （%） | | | 普通股股东所持有表决权数量占公司表决权数量的比例（%） | 41.21 | （四） 表决方式是 ...

Financial Performance - The net profit attributable to ordinary shareholders for 2023 was CNY 90,327,937.30, with a proposed cash dividend of CNY 5.00 per 10 shares, totaling CNY 47,413,333.50, which represents 52.49% of the net profit [6]. - The company has not yet achieved profitability since its listing [5]. - The company achieved operating revenue of CNY 808.40 million in 2023, representing a 47.47% increase compared to CNY 548.19 million in 2022 [25]. - Net profit attributable to shareholders reached CNY 90.33 million, up 36.39% from CNY 66.23 million in the previous year [28]. - The total profit for 2023 was 102.5705 million RMB, with a net profit attributable to the parent company of 90.3279 million RMB, reflecting year-on-year growth of 31.24% and 36.39% respectively [41]. - The net cash flow from operating activities was CNY 67.32 million, a significant increase of 155.79% compared to CNY 26.32 million in 2022 [29]. - The total operating costs for the environmental protection industry were approximately ¥575.13 million, a 51.42% increase from the previous year [134]. - Operating costs increased to CNY 575.38 million, representing a 51.47% growth, primarily due to the rise in operating revenue [128]. Revenue Growth and User Engagement - The company reported a significant increase in revenue, achieving a total of 1.2 billion CNY, representing a 15% year-over-year growth [18]. - User data showed an increase in active users by 25%, reaching 500,000 users by the end of the fiscal year [18]. - The company provided a positive outlook for the next fiscal year, projecting a revenue growth of 20% based on new product launches and market expansion strategies [18]. - The company achieved a significant milestone by completing the installation of equipment for a wastewater project within one month [45]. - The company reported a significant increase in sales expenses, which rose by 60.63% to 46.91 million RMB, primarily due to salary adjustments and increased travel costs related to rapid business expansion [141]. Research and Development - Investment in R&D increased by 30%, focusing on the development of new environmental protection technologies [18]. - The company achieved a total R&D expenditure of CNY 45,823,433.56 in 2023, representing a year-on-year increase of 52.65% [92]. - The company’s R&D expenditure accounted for 5.67% of operating revenue, an increase of 0.19 percentage points from 5.48% in 2022 [27]. - The company has developed new technologies for acid resource treatment and arsenic slag detoxification, which significantly reduce hazardous waste and improve resource recovery efficiency [82]. - The company has developed advanced biological agents for heavy metal wastewater treatment, achieving stable removal of heavy metals and reducing operational costs [106]. Market Expansion and Strategic Initiatives - The company plans to expand its market presence in Southeast Asia, targeting a 10% market share within the next two years [18]. - The company is actively involved in market expansion and technological development in the environmental protection sector [154]. - The company aims to improve its international competitiveness and brand recognition through strategic global expansion initiatives [164]. - The company plans to continue expanding its market presence and enhancing its product offerings in response to growing demand in the environmental protection sector [131]. - The company aims to expand its international strategy over the next three years, focusing on the non-ferrous metal industry as its main target market [174]. Operational Efficiency and Cost Management - The overall operational efficiency improved by 12%, leading to a reduction in operational costs [18]. - The company collected 177 cost-reduction and efficiency-increasing suggestions, resulting in 16 actionable measures to enhance operational efficiency [50]. - The company is implementing a zero-waste policy, aiming for 99% wastewater recycling in its operations by 2025 [18]. - The company aims to optimize its business structure and establish long-term, stable relationships with key clients to achieve strategic synergy [176]. - The company will enhance its project management capabilities, focusing on cost management, progress management, quality management, and risk management to improve project return rates [178]. Governance and Shareholder Engagement - The company held 4 shareholder meetings in 2023, including 1 annual and 3 extraordinary meetings, ensuring compliance with legal regulations and protecting minority shareholder rights [184]. - The board of directors convened 9 meetings in 2023, with the audit committee meeting 5 times, enhancing decision-making processes and governance standards [185]. - The company emphasized transparency by disclosing significant information accurately and timely, thereby safeguarding the interests of minority investors [187]. - The company’s independent directors reported no issues during their tenure, ensuring compliance with governance standards [194]. - The company proposed a restricted stock incentive plan for 2023, which was approved during the meetings [190]. Environmental Commitment and Sustainability - The company is implementing ecological restoration techniques to mitigate heavy metal pollution in soil, significantly reducing environmental risks [90]. - The management team highlighted a commitment to sustainability, with plans to reduce carbon emissions by 40% by 2025 [199]. - The company focuses on comprehensive solutions for heavy metal pollution prevention, including technology design, equipment manufacturing, and project execution [52]. - The company aims to be a leader in heavy metal pollution prevention, emphasizing research and innovation in resource utilization and environmental remediation [51]. - The company is leveraging IoT technology to enhance operational management, enabling real-time data transmission for better decision-making and efficiency [84].

Financial Performance - The net profit attributable to ordinary shareholders for 2023 was CNY 90,327,937.30, with a proposed cash dividend of CNY 5.00 per 10 shares, totaling CNY 47,413,333.50, which represents 52.49% of the net profit[6]. - The company achieved operating revenue of CNY 808.40 million in 2023, representing a 47.47% increase compared to CNY 548.19 million in 2022[25]. - Net profit attributable to shareholders reached CNY 90.33 million, up 36.39% from CNY 66.23 million in the previous year[28]. - The total profit for 2023 was 102.5705 million RMB, with a net profit attributable to the parent company of 90.3279 million RMB, reflecting year-on-year growth of 31.24% and 36.39% respectively[41]. - The net cash flow from operating activities was CNY 67.32 million, a significant increase of 155.79% compared to CNY 26.32 million in 2022[29]. - The asset-liability ratio for 2023 was reported at 35%[41]. - The company reported a significant increase in the cost of subcontracting, which rose by 110.63% year-on-year to approximately ¥67.32 million[134]. - The company’s revenue from the environmental protection sector reached approximately ¥806.73 million, with a gross margin of 28.71%, a decrease of 1.98 percentage points compared to the previous year[131]. Revenue Growth and Market Expansion - The company reported a significant increase in revenue, achieving a total of 1.2 billion CNY, representing a 15% year-over-year growth[18]. - User data showed an increase in active users by 25%, reaching 500,000 users by the end of the fiscal year[18]. - The company provided a positive outlook for the next fiscal year, projecting a revenue growth of 20% based on new product launches and market expansion strategies[18]. - The company plans to expand its market presence in Southeast Asia, targeting a 10% market share within the next two years[18]. - The company plans to continue expanding its market presence and enhancing its product offerings in the upcoming fiscal year[27]. - The company plans to enter two new international markets in the upcoming year, aiming for a 15% increase in global sales[196]. Research and Development - Investment in R&D increased by 30%, focusing on the development of new environmental protection technologies and solutions[18]. - The company achieved a total R&D expenditure of CNY 45,823,433.56 in 2023, representing a year-on-year increase of 52.65%[92]. - The company holds a total of 86 patents, including 53 invention patents, as of the end of the reporting period[91]. - The company has developed advanced technologies for the resource treatment of multi-metal waste acid, achieving a reduction of hazardous waste by approximately 90%[90]. - The company has developed new technologies for acid resource treatment and arsenic slag detoxification, which significantly reduce hazardous waste and improve resource recovery efficiency[82]. - The R&D department has seen a 40% increase in budget allocation to support innovation[199]. Operational Efficiency - The overall operational efficiency improved by 12%, leading to a reduction in operational costs[18]. - The company is implementing new strategies to improve operational efficiency, aiming for a 15% reduction in costs over the next year[199]. - The company completed 15 compliance audits, 8 project audits, and 7 special audits, effectively reducing operational internal control risks[49]. - The company collected 177 cost-reduction and efficiency-increasing suggestions, resulting in 16 actionable measures to enhance operational efficiency[50]. Corporate Governance - The board of directors and management have confirmed the authenticity, accuracy, and completeness of the annual report[5]. - The company has received a standard unqualified audit report from Tianjian Accounting Firm[6]. - The company emphasized transparency by disclosing significant information accurately and timely, safeguarding the interests of minority investors[187]. - The company held 4 shareholder meetings in 2023, including 1 annual and 3 extraordinary meetings, ensuring compliance with legal regulations and protecting minority shareholder rights[184]. - The company maintained independence from its controlling shareholder, ensuring autonomous operational capabilities[187]. Strategic Initiatives - A strategic acquisition of a local competitor is expected to enhance the company's service capabilities and increase market penetration by 15%[18]. - The company completed a strategic acquisition of a smaller competitor for $300 million, expected to enhance its product offerings[196]. - The company plans to actively pursue mergers and acquisitions to support high-quality sustainable development[172]. - The company aims to optimize its business structure and establish long-term, stable relationships with key clients to achieve strategic synergy[176]. Environmental Commitment - The company is implementing a zero-waste policy, aiming for 99% wastewater recycling in its operations by 2025[18]. - The company focuses on comprehensive solutions for heavy metal pollution prevention, including technology design, equipment manufacturing, and project execution[52]. - The company aims to be a leader in heavy metal pollution prevention, emphasizing research and innovation in resource utilization and environmental remediation[51]. - The company is leveraging IoT technology to enhance operational management, enabling real-time data transmission for better decision-making and remote monitoring[84]. Risks and Challenges - The company faces risks related to technology upgrades and the potential loss of core technical personnel, which could impact its competitive edge[112][113]. - The company’s customer base is highly concentrated in the non-ferrous metal industry, posing risks if major clients change their procurement strategies[117]. - The company is exposed to potential adverse effects from changes in tax incentive policies that could increase tax burdens[120]. - The environmental protection industry is subject to policy changes that could significantly impact the company's operations and market conditions[121].

证券简称：赛恩斯 证券代码：688480 赛恩斯环保股份有限公司 投资者关系活动记录表 编号：2024-003 □特定对象调研 □分析师会议 □媒体采访 □业绩说明会 投资者关系活动 □新闻发布会 □路演活动 类别 □现场参观 其他（请文字说明其他活动内容） 投资者电话交流会 参与单位名称 1、广发证券及其他投资者50人（名单附后） 及人员姓名 2、东吴证券及其他投资者21人（名单附后） 3、国海证券 罗琨 交银施罗德 高逸云 ...

Investment Rating - The report maintains a "Buy" rating for the company [1][4][25] Core Insights - In 2023, the company achieved a revenue of 808.40 million yuan, a year-on-year increase of 47.47%, and a net profit attributable to shareholders of 90.33 million yuan, up 36.39% year-on-year [2][11] - The company plans to distribute a cash dividend of 5.00 yuan per 10 shares (including tax), with a dividend payout ratio of 52.49% [2][11] - In Q1 2024, the company reported a revenue of 104 million yuan, a 2.57% increase year-on-year, and a net profit of 79 million yuan, a significant increase of 492.69% year-on-year, largely due to the acquisition of Zijin Pharmaceutical [2][11] Revenue and Profit Analysis - The comprehensive solution business for heavy metal pollution prevention generated revenue of 460 million yuan in 2023, an increase of 88.03%, contributing 44.80% to gross profit [3][16] - Product sales reached 137 million yuan, up 41.69%, with a gross margin of 45.30% [3][12] - Operating services generated revenue of 193 million yuan, a slight decrease of 0.96%, with a gross margin of 32.78% [3][17] International Expansion - The company deepened its cooperation with Zijin, with related revenues of 281 million yuan, an increase of 84.5%, accounting for 34.7% of total revenue [4][22] - Overseas business revenue reached 85 million yuan, a staggering increase of 427.96%, representing 10.52% of total revenue [4][22] Financial Forecasts - The report adjusts the net profit forecasts for 2024 to 2026, expecting net profits of 202.13 million yuan, 214.54 million yuan, and 267.22 million yuan respectively, with year-on-year growth rates of 123.8%, 6.1%, and 24.6% [4][25] - The current market capitalization corresponds to a P/E ratio of 16, 15, and 12 for 2024, 2025, and 2026 respectively [4][25]

Investment Rating - The report maintains a "Buy" rating for the company [12]. Core Insights - The company achieved a significant increase in net profit attributable to shareholders, with a year-on-year growth of 36.4% in 2023, driven by industry policy support and enhanced brand effect [11][21]. - In Q1 2024, the company reported a non-recurring net profit of 0.16 billion yuan, reflecting a year-on-year increase of 43.4%, suggesting that profit growth outpaced revenue growth due to a higher proportion of revenue from high-margin operational services and product sales [5][10]. - The company completed the acquisition of a 61% stake in Zijin Pharmaceutical, which is expected to synergize with its metal resource recovery business and facilitate overseas market expansion [5][21]. Financial Performance Summary - In 2023, the company achieved total revenue of 8.08 billion yuan, a year-on-year increase of 47.47%, and a net profit of 0.90 billion yuan, up 36.39% [10][11]. - The revenue for Q4 2023 was 4.08 billion yuan, representing an impressive year-on-year growth of 87.58%, with net profit increasing by 116.15% [10]. - The company’s operational cash flow net amount was 0.67 billion yuan in 2023, marking a year-on-year increase of 155.8% [11]. Business Structure and Growth Drivers - The comprehensive solutions and product sales segments were key growth drivers, with comprehensive solutions revenue increasing by 88.0% to 4.60 billion yuan in 2023 [11]. - The company’s operational service revenue slightly decreased by 1.0% to 1.93 billion yuan due to the non-renewal of a contract for a specific project [11]. - The partnership with Zijin Mining is deepening, with expected transaction amounts reaching 4.5 billion yuan in 2024, a 60.2% increase from 2023 [21].

2024 年 04 月 22 日 科创板公司研究 评级：买入(维持) [Table_Title] 2023 年海外业务突破，2024Q1 投资收益贡献增长 研究所： 证券分析师： 罗琨 S0350522110003 luok@ghzq.com.cn ——赛恩斯（688480）2023 年及 2024Q1 业绩点评 | --- | --- | --- | --- | |---------------------|-----------|--------|------------------| | 相对沪深 300 \n表现 | 表现 \n1M | 3M | 2024/04/19 \n12M | | 赛恩斯 | -10.3% | -17.1% | 4.3% | | 沪深 300 | -1.0% | 8.3% | -14.1% | | 市场数据 | | | 2024/04/19 | | 当前价格（元） | | | 30.53 | | 52 周价格区间（元） | | | 29.68-35.27 | | 总市值（百万） | | | 2,895.06 | | 流通市值（百万） | | | 18,977.86 | | 总股 ...

目 录 | 1—6 | | --- | | 一、审计报告………………………………………………………… 第 页 | | 二、财务报表…………………………………………………………第 | 7—14 | 页 | | --- | --- | --- | | （一）合并及母公司资产负债表…………………………………第 | 7-8 | 页 | | （二）合并及母公司利润表…………………………………… 第 | 9-10 | 页 | | （三）合并及母公司现金流量表………………………………第 | 11-12 | 页 | | （四）合并及母公司所有者权益变动表………………………第 | 13-14 | 页 | 三、财务报表附注…………………………………………………第 15—103 页 四、执业资质证书……………………………………………… 第 104—107 页 （一）本所营业执照复印件………………………………………第 104 页 （二）本所执业证书复印件………………………………………第 105 页 （三）签字注册会计师执业证书复印件……………………第 106-107 页 审 计 报 告 天健审〔2024〕2-187 号 赛恩斯环保股 ...