表决结果：3 票同意，0 票弃权，0 票反对，表决通过。 第十一届监事会第二次会议决议公告 经审核，公司监事会认为：董事会编制和审议 2025 年第一季度报告的程序 符合法律、行政法规及中国证监会的规定，报告内容真实、准确、完整地反映了 上市公司的实际情况，不存在任何虚假记载、误导性陈述或者重大遗漏。 公司 2025 年第一季度报告详细内容请见公司同日在《证券时报》《上海证 券报》和巨潮资讯网（http://www.cninfo.com.cn）上刊登的《渤海租赁股份有限 公司 2025 年第一季度报告》（公告编号：2025-036）。 本公司及监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。 证券代码：000415 证券简称：渤海租赁 公告编号：2025-038 渤海租赁股份有限公司 一、监事会会议召开情况 渤海租赁股份有限公司（以下简称"渤海租赁"或"公司"）于 2025 年 4 月 26 日以通讯方式发出会议通知，于 2025 年 4 月 29 日以通讯方式召开第十一届监事 会第二次会议。会议应到监事 3 人，实到监事 3 人。本次会议由周珮萱先生主 持，会议的召集、 ...

证券代码：000415 证券简称：渤海租赁 公告编号：2025-037 渤海租赁股份有限公司 2025 年第三次临时董事会决议公告 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。 一、董事会会议召开情况 渤海租赁股份有限公司（以下简称"渤海租赁"或"公司"）于 2025 年 4 月 26 日以通讯方式发出会议通知，于 2025 年 4 月 29 日以通讯方式召开 2025 年第三 次临时董事会。会议应到董事 9 人，实到董事 9 人。本次会议由公司董事长金川 先生主持，会议的召集、召开和表决程序符合有关法律、行政法规、部门规章、 规范性文件和《渤海租赁股份有限公司章程》的有关规定。 二、董事会会议审议情况 ㈠审议并通过《2025 年第一季度报告》 表决结果：9 票同意、0 票弃权、0 票反对，表决通过。 公司 2025 年第一季度报告详细内容请见公司同日在《证券时报》《上海证 券报》和巨潮资讯网（http://www.cninfo.com.cn）上刊登的《渤海租赁股份有限 公司 2025 年第一季度报告》（公告编号：2025-036）。 本议案已经公司董事会审计 ...

Investment Highlights - The report highlights the recovery of revenue growth for Yuyue Medical, with a significant increase in overseas sales, achieving a revenue of 7.57 billion yuan in 2024, down 5.1% year-on-year, and a net profit of 1.81 billion yuan, down 24.6% year-on-year [3][8] - Guotai Group's performance shows resilience in its civil explosives business, with a non-net profit growth of 17.09% year-on-year in Q1 2025, despite a slight revenue decline of 1.26% [12][13] - China Merchants Highway reported a revenue of approximately 2.803 billion yuan in Q1 2025, down 7.24% year-on-year, but net profit improved by 2.74% due to cost control and increased investment income [16][17] - Shenzhen Gas's main business in urban gas sales showed growth, with a revenue of 28.348 billion yuan in 2024, down 8.34% year-on-year, but a net profit increase of 1.19% [21][22] - New Industry's overseas business continued to grow rapidly, with a revenue of 4.535 billion yuan in 2024, up 15.41% year-on-year, and a net profit of 1.828 billion yuan, up 10.57% [25][26] - Huali Group's revenue in Q1 2025 grew by 12% year-on-year, driven by new brand collaborations and strong sales of sports shoes [30][31] - Bohai Leasing, a leading aircraft leasing company, reported a significant increase in aircraft sales revenue, reaching 12.7 billion yuan in 2024, up 61.08% year-on-year, driven by a strong aircraft market [35][36] - Weimao Electronics, an industrial intelligent connection control solution manufacturer, achieved a revenue of 260 million yuan in 2024, up 13.69% year-on-year, with a focus on expanding into emerging fields [39][40] Company-Specific Summaries Yuyue Medical (002223.SZ) - The company experienced a revenue decline in 2024 due to high base effects from the previous year, but Q1 2025 showed a recovery with a 9.2% year-on-year increase in revenue [3][9] - The product mix has led to a slight decrease in gross margin, with a 50.1% gross margin in 2024, down 1.2 percentage points year-on-year [10] - The company maintains a strong financial position with 7.08 billion yuan in cash and no short-term or long-term loans [10] Guotai Group (603977.SH) - The civil explosives business showed growth, with a revenue of 327 million yuan in Q1 2025, up 1.4% year-on-year [13][14] - The company faced a decline in electronic detonator sales but saw an increase in explosive engineering revenue [14][15] - The gross margin for Q1 2025 was 32.72%, down 0.5 percentage points year-on-year, but the non-net profit remained stable [15] China Merchants Highway (001965.SZ) - The company is actively pursuing expansion projects, including the ongoing reconstruction of key highways [17][18] - The net profit forecast for 2025-2027 is expected to grow steadily, with projected profits of 5.74 billion yuan in 2025 [18] Shenzhen Gas (601139.SH) - The urban gas sales volume increased by 2.78% in 2024, with significant growth in the Greater Bay Area [22] - The company is expected to benefit from lower upstream gas prices and increased sales volume [22][24] New Industry (300832.SZ) - The company reported a strong performance in overseas markets, with a 27.67% increase in overseas revenue [27] - The gross margin for 2024 was 72.26%, with a focus on expanding the product lineup in the chemical luminescence sector [28] Huali Group (300979.SZ) - The company maintained a strong partnership with major brands, resulting in a 12.34% revenue increase in Q1 2025 [30][31] - The company is expanding production capacity to meet growing demand, with a workforce increase of 17% [31] Bohai Leasing (000415.SZ) - The company is positioned as a global leader in aircraft leasing, with a fleet size of 1,158 aircraft [36] - The net profit forecast for 2025-2027 is expected to grow significantly, with a projected profit of 1.913 billion yuan in 2025 [37] Weimao Electronics (833346.BJ) - The company is focusing on the automotive and industrial automation sectors, with a projected growth in the vehicle wiring harness market [40][41] - The company is expanding its production capabilities to meet increasing demand in emerging markets [41]

Financial Performance - The company's operating revenue for Q1 2025 reached ¥17.12 billion, a year-on-year increase of 99.82% compared to ¥8.57 billion in the same period last year[4] - Net profit attributable to shareholders was ¥669.40 million, up 72.21% from ¥388.71 million in the previous year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses increased by 106.81%, reaching ¥443.49 million compared to ¥214.44 million last year[4] - Net profit for the current period was ¥1,013,085,000, compared to ¥640,232,000 in the previous period, marking an increase of 58.3%[25] - The total comprehensive income for the current period was ¥377,086,000, down from ¥1,164,274,000, a decline of 67.6%[26] - The company’s basic earnings per share rose to 0.1082 from 0.0629, an increase of 72.5%[26] Cash Flow and Investments - The company reported a decrease in net cash flow from operating activities, which amounted to ¥4.75 billion, down 15.57% from ¥5.62 billion in the previous year[4] - Cash flow from operating activities generated a net amount of ¥4,748,786,000, down from ¥5,624,421,000, reflecting a decrease of 15.5%[27] - The company experienced a significant increase in investment income, which rose by 1636.55% to ¥4.58 billion, primarily due to gains from the disposal of financial assets[15] - The company’s cash flow from investing activities saw a net outflow decrease of 93.23%, amounting to ¥2.67 billion, attributed to increased cash inflow from aircraft disposals[17] Assets and Liabilities - Total assets at the end of the reporting period were ¥295.13 billion, reflecting a 3.05% increase from ¥286.40 billion at the end of the previous year[4] - Total assets increased from 286,399,306,000 to 295,129,879,000, reflecting a growth of approximately 3.1%[23] - The company reported a total debt of ¥246,405,318,000, up from ¥237,628,537,000, indicating a rise of 7.4%[24] - The company’s total liabilities increased by 3.3% from the previous period, reflecting ongoing investment and operational costs[24] - Total current assets decreased from 41,423,967,000 to 24,637,909,000, a decline of approximately 40.4%[23] - Total non-current assets increased from 244,975,339,000 to 270,491,970,000, an increase of approximately 10.4%[23] - Total current liabilities increased from 28,701,670,000 to 30,684,824,000, an increase of approximately 6.9%[23] - Long-term borrowings rose from 64,698,686,000 to 75,301,749,000, an increase of approximately 16.5%[23] Shareholder Information - Total number of common shareholders at the end of the reporting period is 133,937[19] - HNA Capital Group Co., Ltd. holds 28.02% of shares, amounting to 1,732,654,212 shares, with 1,717,479,342 shares pledged[19] - The company has no preferred shareholders or significant changes in the top 10 shareholders participating in margin trading[20] Acquisitions and Consolidations - The acquisition of Castlelake Aviation Limited (CAL) contributed positively to the company's profit, with CAL becoming an indirect subsidiary[5] - Avolon Holdings Limited acquired 100% equity of Castlelake Aviation Limited, with the transaction completed on January 16, 2025[20] - The company’s long-term receivables increased by 57.26% to ¥186.69 billion, mainly due to the consolidation of CAL's financials[10] Future Outlook - The company plans to implement new accounting standards starting in 2025, which may impact future financial reporting[28]

渤海租赁（000415）公告，控股子公司Avolon Holdings Limited之全资子公司Avolon Aerospace Leasing Limited及其下属SPV于2025年4月29日与ACG Aircraft Leasing Ireland Limited签署了《Aircraft Sale And Purchase Agreement》及相关附属协议，出售20架附带租约的飞机租赁资产。上述20架附带租约的飞机 租赁资产市场价格约为11.43亿美元(折合人民币约82.40亿元)，实际出售价格由双方协商确定。本次交 易有利于优化公司飞机资产结构，提升机队资产质量，提升公司在全球飞机租赁市场的竞争力。 ...

渤海租赁（000415）公告，2025年第一季度营业收入171.17亿元，同比增长99.82%。净利润6.69亿元， 同比增长72.21%。 ...

证券代码：000415 证券简称：渤海租赁 公告编号：2025-041 渤海租赁股份有限公司 关于控股子公司 Avolon Holdings Limited 融资及对外担保的进展公告 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。 为满足渤海租赁股份有限公司（以下简称"公司"或"渤海租赁"）控股子 公司 Avolon Holdings Limited（以下简称"Avolon"）的业务发展需求，Avolon 拟 以全资子公司 Avolon Aerospace Leasing Limited（以下简称"AALL"）及 Avolon Aerospace Funding 2 (Luxembourg) S.À R.L.（以下简称"Avolon Funding 2"）作为 共同借款人，向相关金融机构申请总计 10.7 亿美元无抵押贷款额度，Avolon 及 下属子公司为上述贷款额度提供担保。现就本次融资及担保相关进展情况公告如 下： 一、融资进展情况 ㈠融资情况概述 2025 年 4 月 28 日（都柏林时间），Avolon、AALL、Avolon Funding 2 及相 ...

Investment Rating - The report assigns a "Buy" rating for the company, indicating a positive outlook for its stock performance in the near term [5]. Core Views - The company is identified as a leading player in the aircraft leasing sector, with expected performance improvements in the current economic cycle [5]. - The report highlights strong growth in aircraft sales and an increase in rental yield, driven by rising aircraft market prices and strategic asset management [7]. - The company is projected to benefit from a tightening aircraft supply, leading to increased rental income and improved profit margins [7]. Financial Summary - Revenue projections for the company show a significant increase from 33,675 million RMB in 2023 to 47,621 million RMB in 2025, reflecting a compound annual growth rate (CAGR) of 23.91% [6]. - The net profit attributable to shareholders is expected to rise from 1,281 million RMB in 2023 to 1,913 million RMB in 2025, with a notable growth rate of 111.58% in 2025 [6]. - The earnings per share (EPS) is forecasted to increase from 0.21 RMB in 2023 to 0.31 RMB in 2025, indicating a positive trend in profitability [6]. Business Overview - The company has rapidly expanded through acquisitions and focuses on operational leasing, with aircraft and container leasing as its primary business segments [7]. - By the end of 2024, the company is expected to have a fleet of 1,158 aircraft, maintaining a 100% rental rate, which positions it as the second-largest aircraft leasing company globally [7]. - The company is exploring innovative business opportunities in emerging fields such as eVTOL, CTOL, and hydrogen aviation, aiming to diversify its growth avenues [7].

Group 1 - The core viewpoint of the articles highlights the significant concentration of financing leasing companies in Shanghai, which accounts for over 20% of the national total, with 1,749 companies registered as of June 2024 [1] - Shanghai's financing leasing market has a projected investment scale exceeding 900 billion yuan in 2024, featuring major players such as Far East Horizon, China Merchants Jinling, and others [2] - The competitive landscape of China's financing leasing industry shows a low market concentration, with the top three companies holding a market share of approximately 9%, the top five at 13%, and the top ten at 23% [8] Group 2 - The financing leasing companies with registered capital exceeding 12 billion yuan are limited, primarily including Bohai Leasing and others, often backed by banks and insurance firms [5] - Companies with registered capital between 5 billion and 12 billion yuan include Bank of China Financial Leasing and others, indicating a tiered structure within the industry [5]

证券代码：000415 证券简称：渤海租赁 公告编号：2025-031 渤海租赁股份有限公司 1.召开时间： ⑴现场会议时间：2025 年 4 月 24 日（星期四）下午 14:30； ⑵网络投票时间：通过深圳证券交易所交易系统投票的时间为 2025 年 4 月 24 日上午 9:15-9:25，9:30-11:30 和下午 13:00-15:00；通过深圳证券交易所互联 网投票系统投票的时间为 2025 年 4 月 24 日 9:15 至 15:00 期间的任意时间； 2024 年年度股东大会决议公告 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。 特别提示 1.本次股东大会未出现否决提案的情形。 2.本次股东大会未涉及变更前次股东大会决议。 一、会议召开和出席情况 ㈠会议召开情况 2.现场会议地点：渤海租赁股份有限公司董事会办公室（乌鲁木齐市新华北 路 165 号广汇中天广场 39 楼）； 3.会议召开方式：现场表决与网络投票相结合； 4.会议召集人：渤海租赁股份有限公司董事会； 5.会议主持人：董事马伟华先生。 本次股东大会的会议通知、提示性公告及相关文件已 ...