2025 年第一次临时股东大会决议公告 股票简称：北方国际 股票代码：000065 公告编号：2025-005 转债简称：北方转债 转债代码：127014 北方国际合作股份有限公司 2025 年第一次临时股东大会决议公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 特别提示： 一、会议召开情况 1、会议的通知：北方国际合作股份有限公司（以下简称"公司"或"北方 国际"）于 2024 年 12 月 28 日在《中国证券报》、《证券时报》及巨潮资讯网 （www.cninfo.com.cn）刊登了《关于召开 2025 年第一次临时股东大会的通知》 （2024-072）。 2、召开时间： 现场会议召开时间为：2025年1月16日下午14:30 网络投票时间为： （1）通过深圳证券交易所交易系统进行网络投票的具体时间为：2025年1月 16日上午9:15至9:25、9:30至11:30，下午13:00至15:00； （2）通过深圳证券交易所互联网投票的具体时间为：2025年1月16日9:15至 15:00。 3、现场会议召开地点：公司会议室（北京石景山区政达路6号院 ...

2024 年第四季度可转债转股情况公告 证券简称：北方国际 证券代码：000065 公告编码：2025-001 转债简称：北方转债 转债代码：127014 北方国际合作股份有限公司 2024 年第四季度可转债转股情况公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 经中国证券监督管理委员会《关于核准北方国际合作股份有限公司公开发行 可转换公司债券的批复》（证监许可【2019】1444 号）核准，公司于 2019 年 10 月 24 日公开发行了 578.21 万张可转换公司债券，每张面值 100 元，发行总额 57,821.00 万元。 经深交所"深证上[2019]735 号"文同意，公司 57,821.00 万元可转换公司债 券于 2019 年 11 月 21 日起在深交所挂牌交易，债券简称"北方转债"，债券代码 "127014.SZ"。 根据《深圳证券交易所股票上市规则》等有关规定和《北方国际合作股份有 限公司公开发行可转换公司债券募集说明书》的约定，北方转债自 2020 年 4 月 2024 年第四季度可转债转股情况公告 30 日起开始转股，初始转股 ...

北方国际合作股份有限公司 董事会战略投资与 ESG 委员会工作细则 第一章 总 则 第一条 为进一步规范北方国际合作股份有限公司（以下简 称"公司"）董事会战略投资与 ESG 委员会工作，提升董事会"定 战略、作决策、防风险"能力，提高投资决策科学性，根据《中 华人民共和国公司法》、《中华人民共和国证券法》、《上市公司治 理准则》、《深圳证券交易所上市公司自律监管指引第 1 号——主 板上市公司规范运作》等法律、法规、规范性文件及《北方国际 合作股份有限公司章程》（以下简称"《公司章程》"）的有关规定， 公司特设立董事会战略投资与 ESG 委员会，并制定本工作细则。 第二条 本规则适用于董事会战略投资与 ESG 委员会及本 规则中涉及的有关部门和人员。 第三条 公司董事会设立战略投资与 ESG 委员会作为董事 会下设的专门工作机构，为董事会决策提供咨询意见和建议，对 董事会负责。 第二章 人员组成 第四条 战略投资与 ESG 委员会委员由三名董事组成。 1 第五条 战略投资与 ESG 委员会委员由公司董事长提名，并 由董事会选举产生。 第六条 战略投资与 ESG 委员会设主任委员 1 名，由董事长 担任，负责 ...

关于召开 2025 年第一次临时股东大会的通知 股票简称：北方国际 股票代码：000065 公告编号：2024-072 转债简称：北方转债 转债代码：127014 北方国际合作股份有限公司 关于召开 2025 年第一次临时股东大会的通知 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 公司决定于 2025 年 1 月 16 日召开 2025 年第一次临时股东大会。现将有关 事项通知如下： 一、召开会议基本情况 1、股东大会届次 2025 年第一次临时股东大会 2、会议召集人 北方国际合作股份有限公司董事会 3、会议召开的合法、合规性 本次股东大会会议召开符合有关法律、行政法规、部门规章、规范性文 件、深圳证券交易所业务规则和公司章程等的规定。 4、会议召开的日期、时间 现场会议召开日期、时间为：2025年1月16日14:30开始 网络投票时间为： （1）通过深圳证券交易所交易系统进行网络投票的具体时间为：2025年1 月16日上午9:15至9:25、9:30至11:30，下午13:00至15:00； （2）通过深圳证券交易所互联网投票的具体时间为：2025年1 ...

九届五次董事会决议公告 北方国际合作股份有限公司 九届五次董事会决议公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 误导性陈述或者重大遗漏。 北方国际合作股份有限公司（以下简称"公司"或"北方国际"）九届五次董事 会会议通知已于2024年12月23日以电子邮件和传真方式送达公司全体董事。本次 会议于2024年12月27日以通讯表决形式召开，应参与审议表决的董事9名，实际 参与审议表决的董事9名。董事长纪巍主持本次会议。会议召开程序符合《公司 法》及《公司章程》的有关规定，会议合法有效。经全体参会董事审议： 此议案已经独立董事专门会议审议通过。本议案具体内容详见公司同日刊登 在《中国证券报》、《证券时报》及巨潮资讯网（http://www.cninfo.com.cn）的《关 于增加 2024 年度日常关联交易预计额度的公告》。 二、会议审议通过了关于《变更董事会战略与投资委员会名称并修订其议事 规则》的议案。 | 股票简称：北方国际 | 股票代码：000065 | 公告编号：2024-070 | | --- | --- | --- | | 转债简称：北方转债 | 转债代码：12701 ...

股票简称：北方国际 股票代码：000065 公告编号：2024-071 转债简称：北方转债 转债代码：127014 关于增加 2024 年度日常关联交易预计额度的公告 北方国际合作股份有限公司 关于增加 2024 年度日常关联交易预计额度的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 一、增加日常关联交易概述 北方国际合作股份有限公司（以下简称"公司"）八届三十三次董事会、2024 年第二次临时股东大会审议通过了《公司 2024 年日常关联交易预计》的议案， 预计了 2024 年公司及控股子公司与关联方发生的各类日常关联交易及金额，其 中，预计 2024 年度公司向中国北方工业有限公司（以下简称"北方公司"）出售 商品的关联交易金额为 3,153 万元，具体内容公司全资子公司中国北方车辆有限 公司（以下简称"北方车辆"）向北方公司销售车辆、文化创意项目等；预计 2024 年度公司向北方公司提供劳务的关联交易金额为 2,545 万元，具体内容公司控股 子公司北方万邦物流有限公司（以下简称"北方物流"）为北方公司提供国际货 物运输代理服务。 现根据公司子公 ...

Summary of Conference Call Records Company Overview - The company discussed is **Northern International**, a leading enterprise in international engineering and trade under the **Bingxi Group**. It has developed three main business segments: engineering, investment, and specialized private sector operations [1][2][3]. Key Points and Arguments Business Segments and Performance - The company has three main business segments: 1. **Engineering Projects** 2. **Investment Projects** 3. **Specialized Private Sector Operations** - These segments have been progressing steadily according to the annual goals set at the beginning of the year [1][2]. - The **Mongolia project** involving coking coal mining, transportation, logistics, and sales is progressing steadily despite the continuous decline in coking coal prices. Structural adjustments are being made to the integrated project, which is expected to meet annual revenue targets [2][3]. Major Projects - The **Bangladesh coal-fired power plant project** is nearing completion and is expected to start operations in the first half of next year. The **Croatia project** has completed national acceptance and is ready for operation [1][2]. - The **Hua Te tank business** has achieved good performance in market expansion and cost control this year [1][2]. Financial Performance - The company forecasts a strong overall performance for the year, with several major projects on track. The annual effect is expected to exceed initial predictions [1][2]. - The investment business has grown significantly, with revenue increasing from 2.5 billion in 2016 to over 10.7 billion in 2023 [8]. Strategic Positioning - Northern International is positioned as the only international platform among the 12 listed companies under Bingxi Group, focusing on international operations [4][6]. - The company emphasizes its role in providing technical and management services rather than merely labor outsourcing, aiming to embed itself in international projects through technical solutions and financing [6][7]. Future Plans and Market Focus - The company plans to continue expanding in the **Southeast Asia**, **Central Asia**, and **Central and Eastern Europe** markets, shifting focus from the Middle East and Africa, which are currently less favorable [11][12]. - Future investments will target renewable energy projects, including wind and hydropower, as well as ongoing projects in Mongolia and Bangladesh [9][10]. Investment and Operational Strategy - The company has accumulated investments of approximately **$3.5 billion**, contributing significantly to its scale and profitability. Key projects include those in Mongolia, Bangladesh, and Croatia [6][9]. - The operational strategy includes maintaining existing projects while exploring new investment opportunities in green energy and resource sectors [11][12]. Market Trends - There is a global trend towards seeking green energy solutions, with significant demand in both developed and developing countries. The company is positioned to capitalize on this trend, particularly in Eastern Europe and Southeast Asia [10][12]. Additional Important Information - The company has completed over 60 influential projects under the Belt and Road Initiative, showcasing its early entry and market development capabilities compared to major state-owned enterprises [6][7]. - The company is also exploring carbon trading opportunities as part of its green energy initiatives, which could provide additional revenue streams [10][12]. This summary encapsulates the key insights and strategic directions discussed during the conference call, highlighting Northern International's operational focus, financial performance, and future growth plans.

Summary of Conference Call Company and Industry - The conference call discusses **Northern International**, a company involved in **EPC (Engineering, Procurement, and Construction)** projects, particularly in the energy sector, including coal and renewable energy projects. The company is also engaged in international operations and investments in various regions, including **Croatia** and **Mongolia**. Key Points and Arguments 1. **Croatia Project**: The **Saini Fenjian Project** in Croatia is a significant investment of **156 MW**, marking it as the first large-scale project by a Chinese company in Croatia and the largest power project in recent years in the country. The project became a permanent participant in the Croatian electricity market in September [1] 2. **Revenue Generation**: The project has started generating additional income through virtual power plant services, indicating a successful operational model [1] 3. **Industry Ranking**: Northern International ranks **66th** among the **250 largest international engineering contractors** globally and **14th** among Chinese companies, representing its highest historical achievement [2] 4. **Transformation Directions**: The company is pursuing two main transformation directions: **investment and operation integration** and **industrial chain integration**. The latter is exemplified by the **Mongolian mining integration project** [1][8] 5. **EPC Revenue**: The company has seen a steady increase in its brand strength and market position, with a focus on expanding its overseas market operations [2] 6. **Investment Projects**: The company has successfully transitioned from traditional EPC projects to investment and operation models, with notable projects in Laos and Croatia [7][10] 7. **Profit Contribution**: As of 2023, profit contributions from integrated projects have surpassed **50%**, indicating a shift in revenue sources from traditional EPC projects [9][10] 8. **Mongolian Project**: The Mongolian project has been a core support for the company's profits, with improved operational efficiency despite lower market prices [14] 9. **Coal Market Strategy**: The company has developed strategies to manage inventory during price fluctuations, leading to improved profit levels compared to previous years [15] 10. **Future Outlook**: The company aims to replicate its successful project models in regions like **Southeast Asia** and **Eastern Europe**, focusing on renewable energy and industrial chain opportunities [9][22] Other Important Content 1. **Belt and Road Initiative**: The company views the Belt and Road Initiative as a significant opportunity for growth, especially in the context of global trade dynamics and infrastructure development [21][23] 2. **Market Challenges**: The company acknowledges challenges in the coal market, including competition and transportation issues, but remains optimistic about its strategic positioning [17][18] 3. **Future Projects**: Upcoming projects include a **1 billion Euro** investment in a photovoltaic operation project in Bosnia, expected to start operations within a year [20] 4. **Operational Efficiency**: The company has improved its operational efficiency significantly, which is expected to enhance profit margins moving forward [14] This summary encapsulates the key insights and strategic directions discussed during the conference call, highlighting Northern International's growth trajectory and market positioning within the EPC and energy sectors.

Group 1: Key Projects and Contributions - North International has been involved in several landmark projects along the "Belt and Road" initiative, including the Lahore Orange Line project in Pakistan, which is the first large-scale urban rail transit project officially launched under this framework [1] - The company is also engaged in the Ethiopia-Djibouti railway project, the first modern electrified railway in Africa, and the gold mining project in Nigeria, which is the first large-scale mining project in the country [2] - Recent EPC projects, such as the Ethiopia power transmission line and the Laos road project, have significantly contributed to local economic and social development [2] Group 2: Future Outlook and Planning - The company aims to continue adhering to the high-quality development requirements of the "Belt and Road" initiative, focusing on infrastructure connectivity and accelerating the layout of new energy and low-carbon projects [2] - Plans include enhancing management, design, and technological innovation capabilities to strengthen "soft power" output and optimize resource allocation [2] Group 3: Recent Operational Updates - The Senj Wind Power Project in Croatia has achieved permanent commercial operation as of September, with average electricity prices around €81/MWh, higher than the project's feasibility study level [2] - The project has initiated its first service as part of a virtual power plant and is expected to enhance profitability through green electricity revenue [2] - The company has signed a contract for a 99MW photovoltaic project in Croatia, becoming the largest EPC contractor for solar power in the region, showcasing its competitiveness in the Central and Eastern European market [2]

Investment Rating - The report maintains a **Buy** rating for Northern International (000065 SZ) [5] Core Views - Northern International achieved double-digit profit growth despite a revenue decline in Q3, driven by improved gross margin and reduced asset/credit impairment losses [8] - The company's operating projects are progressing steadily, with key projects in Mongolia, Croatia, and Pakistan showing positive developments [11] Financial Performance - Q1-3 revenue reached 14 122 billion yuan, down 3 48% YoY, while net profit attributable to shareholders grew 9 70% to 758 million yuan [5] - Q3 gross margin improved to 16 23%, up 4 07 percentage points YoY, contributing to a net profit margin increase of 1 43 percentage points to 5 89% [9] - Operating cash flow turned negative in Q3, with a net outflow of 73 million yuan, and the collection ratio dropped by 20 92 percentage points to 102 39% [10] Project Progress - Mongolia mining integration project: 23 02 million cubic meters of mining completed, 3 01 million tons of mid-range transportation, and 3 16 million tons of coking coal sold [11] - Croatia Senj wind power project: Generated 178 million kWh of electricity in H1 and signed virtual power plant service agreements [11] - Pakistan Orange Line Metro operation project: Average passenger volume increased by 30%, with cumulative ridership exceeding 170 million [11] Financial Forecasts - Revenue is expected to grow from 214 88 billion yuan in 2023 to 352 81 billion yuan in 2026, with net profit projected to increase from 918 million yuan to 1 249 billion yuan [21] - EPS is forecasted to rise from 0 92 yuan in 2023 to 1 25 yuan in 2026, with P/E ratio decreasing from 12 20 to 9 30 [21]