Investment Rating - The report maintains a "Buy" rating for the company [5] Core Views - The company's revenue for 2024 is projected at 1.562 billion yuan, a slight increase of 1.18% year-on-year, while the net profit attributable to shareholders is expected to be -26.86 million yuan, resulting in a basic earnings per share of -0.22 yuan [1] - The decline in performance is attributed to weakened downstream demand in the main business and increased investment in new business development, particularly in the exhaust treatment catalyst sector [1][2] - The company is actively expanding into new areas such as energy storage and composite materials, with significant increases in R&D investment, which rose by 30.91% year-on-year to 72 million yuan in the first three quarters of 2024 [1][2] Summary by Sections Financial Performance - The company reported a gross margin of 9.54% for the first three quarters of 2024, a decrease of 1.64 percentage points compared to the same period last year [1] - The revenue forecast for 2025 is 2.033 billion yuan, with a growth rate of 30.16%, and for 2026, it is projected to reach 3.143 billion yuan, reflecting a growth rate of 54.64% [4] Business Development - The high-end composite materials business is expected to start production by the end of 2025, with a capacity of 500,000 square meters per year for prepreg and 30 tons per year for aerospace composite components [2] - The company has received a development notification for fuel cell engines, which is expected to accelerate its expansion into the hydrogen energy market [2] Profitability and Valuation - The net profit forecasts for 2024 to 2026 have been adjusted to -27 million yuan, 57 million yuan, and 238 million yuan respectively, reflecting a downward revision due to increased investment in new business areas [3] - The report indicates that the company has made breakthroughs in the market for internal combustion engine exhaust catalysts and is expanding into hydrogen energy, power batteries, and energy storage [3]

Investment Rating - The report maintains a "Buy" rating for the company [5] Core Views - The company's revenue for 2024 is projected at 1.562 billion yuan, a slight increase of 1.18% year-on-year, while the net profit attributable to shareholders is expected to be -26.86 million yuan, resulting in a basic earnings per share of -0.22 yuan [1] - The decline in performance is attributed to weakened downstream demand in the main business and increased investment in new business development, particularly in the exhaust treatment catalyst sector [1][2] - The company is actively expanding into new areas such as energy storage and composite materials, with significant increases in R&D investment, which rose by 30.91% year-on-year to 72 million yuan in the first three quarters of 2024 [1][2] Summary by Sections Financial Performance - The company reported a gross margin of 9.54% for the first three quarters of 2024, a decrease of 1.64 percentage points compared to the same period last year [1] - The revenue forecast for 2025 is 2.033 billion yuan, with a growth rate of 30.16%, and for 2026, it is projected to reach 3.143 billion yuan, reflecting a growth rate of 54.64% [4] Business Development - The high-end composite materials business is expected to start production by the end of 2025, with a capacity of 500,000 square meters per year for prepreg and 30 tons per year for aerospace composite components [2] - The company has received a development notification for fuel cell engines, which is expected to accelerate its expansion into the hydrogen energy market [2] Profitability and Valuation - The net profit forecasts for 2024 to 2026 have been adjusted to -27 million yuan, 57 million yuan, and 238 million yuan respectively, reflecting a downward revision due to increased investment in new business areas [3] - The report indicates that the company has made breakthroughs in the market for internal combustion engine exhaust catalysts and is expanding into hydrogen energy, power batteries, and energy storage [3]

根据中国证券监督管理委员会（以下简称"中国证监会"）于 2021 年 8 月 24 日 出具的《关于同意中自环保科技股份有限公司首次公开发行股票注册的批复》（证监 许可〔2021〕2761 号），公司首次公开发行人民币普通股（A 股）2,150.8744 万股， 发行价格为 70.90 元/股，募集资金总额为人民币 1,524,969,949.60 元，扣除发行费用 后实际募集资金净额为人民币 1,407,189,683.51 元。信永中和会计师事务所（特殊普 通合伙）对公司本次公开发行新股的资金到位情况进行了审验，并于 2021 年 10 月 18 日出具了《验资报告》（XYZH/2021CDAA70685）。募集资金到账后，公司对募 集资金进行了专户存储，并与保荐机构、存放募集资金的银行签署了募集资金专户存 储监管协议。 二、募集资金投资项目情况 截至 2025 年 2 月 28 日，公司首次公开发行股票募投项目及募集资金使用情况如 下： 申万宏源证券承销保荐有限责任公司 关于中自科技股份有限公司部分首次公开发行股票 募投项目延期的核查意见 单位：人民币/万元 | 序 项目名称 | 募集资金承诺 | 调整 ...

中自科技股份有限公司 关于部分首次公开发行股票募投项目延期的公告 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。 中自科技股份有限公司（以下简称"公司"）于 2025 年 3 月 11 日召开第四 届董事会第三次临时会议、第四届监事会第三次临时会议，审议通过了《关于部 分首次公开发行股票募投项目延期的议案》，公司同意将首次公开发行股票募集 资金投资项目（以下简称"募投项目"）即"国六 b 及以上排放标准催化剂研发 能力建设项目"和"氢能源燃料电池关键材料研发能力建设项目"延期。公司监 事会、保荐机构均对以上事项发表明确同意意见，现将相关情况公告如下： 一、募集资金投资项目概述 根据中国证券监督管理委员会（以下简称"中国证监会"）于 2021 年 8 月 24 日出具的《关于同意中自环保科技股份有限公司首次公开发行股票注册的批 复》（证监许可〔2021〕2761 号），公司首次公开发行人民币普通股（A 股） 2,150.8744万股，发行价格为70.90元/股，募集资金总额为人民币1,524,969,949.60 元，扣除发 ...

证券代码：688737 证券简称：中自科技 公告编号：2025-011 一、审议通过《关于部分首次公开发行股票募投项目延期的议案》 表决结果：3 票同意，0 票反对，0 票弃权。 中自科技股份有限公司监事会 2025 年 3 月 12 日 中自科技股份有限公司 第四届监事会第三次临时会议决议公告 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。 中自科技股份有限公司（以下简称"公司"）第四届监事会第三次临时会议 于 2025 年 3 月 11 日（星期二）在成都市高新区古楠街 88 号公司研发楼会议室 以现场结合通讯的方式召开。会议通知已于 2025 年 3 月 6 日通过邮件的方式送 达各位监事。本次会议应出席监事 3 人，实际出席监事 3 人（其中：通讯方式出 席监事 1 人）。 会议由监事会主席代华荣主持，公司董事会秘书列席会议。会议召开符合 有关法律法规、规章和《公司章程》的规定。出席会议的监事对各项议案进行了 认真审议并做出了如下决议： ...

会议由董事长陈启章主持，监事、董事会秘书列席。会议召开符合有关法 律法规、规章和《公司章程》的规定。经各位董事认真审议，会议形成了如下决 议： 一、审议通过《关于部分首次公开发行股票募投项目延期的议案》 表决结果：8 票同意，0 票反对，0 票弃权。 中自科技股份有限公司董事会 2025 年 3 月 12 日 证券代码：688737 证券简称：中自科技 公告编号：2025-010 中自科技股份有限公司 第四届董事会第三次临时会议决议公告 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。 中自科技股份有限公司（以下简称"公司"）第四届董事会第三次临时会议 于 2025 年 3 月 11 日（星期二）在成都市高新区古楠街 88 号公司研发楼会议室 以现场结合通讯的方式召开。会议通知已于 2025 年 3 月 6 日通过邮件的方式送 达各位董事。本次会议应出席董事 9 人，实际出席董事 8 人（其中：委托出席董 事 1 人，通讯方式出席董事 5 人），缺席 1 人。独立董事李树生因工作原因书面 委托独立董事李光金出席会议并代为行使 ...

证券代码：688737 证券简称：中自科技 公告编号：2025-008 中自科技股份有限公司 关于以集中竞价交易方式回购公司股份的进展公告 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： 截至 2025 年 2 月 28 日，公司通过上海证券交易所交易系统以集中竞价 交易方式已累计回购公司股份 2,062,238 股，占公司总股本的比例为 1.72%，回 购成交的最高价为 17.30 元/股，最低价为 13.06 元/股，支付的资金总额为人民币 29,989,791.76 元（不含印花税、交易佣金等交易费用）。 公司将严格按照《上市公司股份回购规则》《上海证券交易所上市公司自律 监管指引第 7 号——回购股份》等相关规定及公司回购股份方案，在回购期限内 根据市场情况择机做出回购决策并予以实施，并根据回购股份事项进展情况及时 履行信息披露义务，敬请广大投资者注意投资风险。 一、回购股份的基本信息 特此公告。 公司于 2024 年 6 月 6 日召开第三届董事会第二十四次临时会议，审议通过 了《关于以集中竞价交 ...

关于 2024 年度计提资产减值准备的公告 证券代码：688737 证券简称：中自科技 公告编号：2025-007 中自科技股份有限公司 二、计提资产减值准备具体说明 （一）信用减值准备 本报告期末，公司根据《企业会计准则第22号——金融工具确认和计量》 及公司会计政策，以预期信用损失为基础，同时基于单项和组合评估金融资产 的预期信用损失。经测试，公司本期应收票据、应收账款、其他应收款合计应计 提坏账准备12.43万元。 （二）存货跌价准备 本报告期末，公司根据《企业会计准则第8号——资产减值》及公司会计 政策，存货按照成本与可变现净值孰低计量，并按单个存货项目计提存货跌价 准备，经测试，公司本期应计提存货跌价损失2,155.86万元。 （三）固定资产减值损失 本报告期末，公司根据《企业会计准则第8号——资产减值》及公司会计 政策，固定资产按照账面价值与可收回金额孰低计量，经测试，公司本期固定 资产应计提坏账准备0.00万元。 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。 一、计提信用及资产减值概述 根据《企业会计准则第8 ...

Revenue and Profit - In 2024, the total operating revenue was RMB 1,562,295,158.85, a year-on-year increase of 1.18%[3] - The net profit attributable to the parent company was -RMB 26,856,185.21, a decrease of 163.46% compared to the previous year[3] - Basic earnings per share decreased by 162.86% due to the substantial drop in net profit attributable to ordinary shareholders[7] Assets and Equity - Total assets at the end of 2024 reached RMB 2,876,575,898.68, reflecting an 8.68% year-on-year growth[3] - The equity attributable to the parent company decreased by 3.16% to RMB 1,825,254,155.22[3] Operating Expenses and Profitability - The company experienced a significant increase in operating expenses due to investments in new materials and new energy product development[6] - The gross profit margin declined slightly as the company reduced prices to meet customer demands, which exceeded the decrease in procurement costs[6] Market Conditions - The automotive industry faced a slowdown in growth, impacting the company's performance amid intensified competition[6] Financial Reporting - The financial data presented is preliminary and unaudited, with potential discrepancies in the final annual report[8] - The company implemented share cancellation, resulting in a total share capital of 119,564,509 shares[4]

Group 1 - Chengdu Zetai Green Energy Trading Co., Ltd. has been established with a registered capital of 500,000 yuan [1] - The legal representative of the company is Gong Wenxu [1] - The business scope includes sales of battery accessories, leasing of photovoltaic power generation equipment, sales of special equipment for semiconductor devices, and sales of mechanical and electrical equipment [1] Group 2 - The company is wholly owned by Zhongzi Technology [1]