证券代码：000581 200581 证券简称：威孚高科 苏威孚 B 公告编号：2024-038 无锡威孚高科技集团股份有限公司 关于拟对参股公司增资暨关联交易的公告 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有虚假记载、 误导性陈述或者重大遗漏。 一、关联交易概述 根据《深圳证券交易所股票上市规则》《公司章程》等相关规定，本次投资事项在 董事会审批权限范围内，无需提交股东大会审议批准，不构成《上市公司重大资产重组 管理办法》规定的重大资产重组。本次交易事项尚需经政府相关部门审批。 二、交易对方基本情况 （一）湖北长江蔚来新能源产业发展基金合伙企业（有限合伙） 企业名称：湖北长江蔚来新能源产业发展基金合伙企业（有限合伙） 统一社会信用代码：91420100MA4KPU967W 企业类型：有限合伙企业 无锡车联天下信息技术有限公司（以下简称"车联天下"）为无锡威孚高科技集团 股份有限公司（以下简称"公司"或"威孚高科"）的参股公司，为进一步巩固公司在 智能网联业务的战略布局，促进与车联天下的业务协同，助力公司战略目标的实现，公 司拟以自有资金不超过4800万元通过增资及股权收购的方式投资车联天 ...

证券代码：000581 200581 证券简称：威孚高科 苏威孚B 公告编号：2024-039 无锡威孚高科技集团股份有限公司 关于拟投资设立智能感知业务合资公司暨关联交易的公告 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有虚假记载、 误导性陈述或者重大遗漏。 一、关联交易概述 为把握汽车智能化发展趋势，加速智能感知业务的商业化进程，进一步打造公司 毫米波雷达领域的核心竞争力，实现业务的快速增长和可持续发展，无锡威孚高科技 集团股份有限公司（以下简称"公司"或"威孚高科"）拟与博原（上海）私募基金 管理有限公司（以下简称"博原私募"）、江苏某股权投资合伙企业（有限合伙）（ 以下简称"J基金"）、无锡经开区新勤股权投资合伙企业（有限合伙）（以下简称 "新勤投资"）和A合伙企业（暂未设立，以下简称"A合伙企业"，为该业务核心 团队持股平台）共同投资人民币35,000万元设立无锡威孚智行感知科技有限公司（暂 定名，以市场监督管理部门最终核准登记为准，以下简称 "合资公司"）。其中，公 司以资产作价13,700万元和货币7,800万元合计出资21,500万元（占比61.43%），博原 私募以货币出资 ...

请务必阅读正文之后的免责条款部分 5 证券研究报告：汽车 | 公司点评报告 2024 年 4 月 29 日 公司基本情况 最新收盘价（元） 18.45 总股本/流通股本（亿股）10.02 / 8.24 总市值/流通市值（亿元）185 / 152 52 周内最高/最低价 18.97 / 14.21 资产负债率(%) 28.1% 市盈率 9.81 第一大股东无锡产业发展集团有限 公司 股票投资评级 威孚高科(000581) 增持|首次覆盖 个股表现 -17% -14% -11% -8% -5% -2% 1% 4% 7% 10% 13% 2023-05 2023-07 2023-09 2023-12 2024-02 2024-04 威孚高科 汽车 资料来源：聚源，中邮证券研究所 研究所 分析师:鲍学博 SAC 登记编号:S1340523020002 Email:baoxuebo@cnpsec.com 研究助理:付秉正 SAC 登记编号:S1340123030008 Email:fubingzheng@cnpsec.com 公司经营向好，高额分红注重股东回报 ⚫ 投资要点 事件：公司近日先后发布 2023 年年度报告 ...

[Table_ 相关研究： DocReport] 2024-04-19 提升 2023-10-27 健，财务状况良好 24Q1 扣非前后归母净利润分别同比+32.4%、+54.3% 分别为 18.5%、19.8%，分别同比+4.1pct、+6.3pct，分别环比-2.9pct、 +0.1pct。公司销售、管理、研发、财务费用率 24Q1 分别同比+0.7pct、 +1.4pct、-0.8pct、-0.8pct，分别环比-0.2pct、+0.2pct、-1.8pct、+0.3pct。 公司自有资金仍然充沛，财务状况良好。公司 24Q1 末货币资金+应收 票据+应收款项融资+其他流动资产+交易性金融资产总计 64.0 亿元， 同比-17.2%，但仍较充沛。同时，公司 24Q1 末资产负债率为 26.5%， 带息债务/全部投入资本为 4.1%，长期资本负债率仅 3.5%。 威孚高科（000581.SZ）:公 司经营稳健，现金分红大幅 威孚高科（000581.SZ）:23 年三季报点评：经营状况稳 [Table_Title] 威孚高科（000581.SZ） [Table_Summary] 核心观点： 公司 24Q1 ...

Financial Performance - The company's operating revenue for Q1 2024 was ¥2,903,412,685.96, a decrease of 7.66% compared to ¥3,144,363,323.69 in the same period last year[15] - Net profit attributable to shareholders for Q1 2024 was ¥549,126,314.07, representing a growth of 32.39% from ¥414,774,676.43 in the previous year[15] - The total profit for the period increased by ¥140,972,900.00, mainly due to an increase in operating profit and investment income[33] - The company's revenue from sales of goods and services was ¥3,229,760,473.89, down from ¥3,622,826,209.55 in the previous period[30] - Net profit for the quarter reached CNY 575,675,897.21, an increase of 35.38% compared to CNY 425,354,196.72 in the same period last year[44] - Basic and diluted earnings per share both increased to 0.56 from 0.43, representing a rise of approximately 30%[45] Cash Flow and Investments - The net cash flow from operating activities for Q1 2024 was ¥548,772,219.33, a significant increase of 54.35% compared to ¥355,542,161.23 in the same period last year[15] - The cash flow from investing activities decreased by ¥254,721,200, primarily due to reduced dividends from joint ventures compared to the previous year[19] - The net cash flow from investing activities was negative at approximately -511.57 million, compared to -256.85 million in the previous period, indicating a decline in cash flow from investments[48] - The company reported a significant decrease in cash received from investment income, dropping to approximately 27.22 million from 170.73 million, a decline of about 84%[48] Assets and Liabilities - The total assets at the end of Q1 2024 were ¥28,201,668,356.04, reflecting a slight increase of 0.43% from ¥28,081,087,791.81 at the end of the previous year[15] - The total non-current assets amounted to ¥14,435,417,565.27, slightly up from ¥14,360,234,053.19[25] - Total liabilities decreased to CNY 7,470,808,412.88 from CNY 7,902,865,030.77, a reduction of 5.45%[42] - The company reported a decrease in short-term borrowings by ¥331,629,000, mainly due to repayments during the reporting period[18] Shareholder Equity - The equity attributable to shareholders increased by 2.71% to ¥19,925,895,232.13 from ¥19,399,892,671.78 at the end of the previous year[15] - The total equity attributable to shareholders of the parent company increased to CNY 19,925,895,232.13 from CNY 19,399,892,671.78, reflecting a growth of 2.71%[42] - The number of ordinary shareholders at the end of the reporting period was 64,523[35] Expenses - Sales expenses increased by ¥17,081,800, representing a growth of 41.95% due to higher quality-related costs[6] - Total operating costs amounted to CNY 2,757,168,110.53, down 11.24% from CNY 3,106,147,105.55 in the prior period[42] - Research and development expenses totaled CNY 146,015,184.94, a decrease of 20.56% from CNY 183,693,639.36 in the previous period[44] - The company reported a decrease in sales expenses to CNY 57,801,669.91 from CNY 40,719,852.74, indicating a rise of 41.87%[44] Other Income and Comprehensive Income - Other income surged by ¥58,573,700, marking a 333.37% increase primarily due to VAT policy benefits[6] - Other comprehensive income after tax was CNY -24,707,412.48, compared to CNY 8,999,054.19 in the previous period[44] - The total comprehensive income attributable to the parent company's owners was approximately 524.42 million, up from 423.77 million, reflecting a growth of about 24%[45] - The total comprehensive income for minority shareholders was approximately 26.55 million, up from 10.58 million, reflecting an increase of about 151%[45] Foreign Exchange and Market Impact - The company experienced a foreign exchange loss of approximately -24.71 million, impacting overall financial results[45] - The company experienced a decline in the price of precious metal raw materials used in post-processing system products, impacting revenue[38]

Investment Rating - The report maintains a "Buy" rating for the company, with a reasonable value estimated at 27.01 CNY per share based on a 13x PE for 2024 [10][12]. Core Insights - The company has demonstrated strong profitability with a significant increase in net profit, reporting a year-on-year growth of 1446.3% for non-recurring net profit and 1231.5% for net profit attributable to shareholders in 2023 [9][18]. - Despite a decline in revenue of 12.9% year-on-year to 11.09 billion CNY, the company has maintained a solid financial position with ample cash reserves and a substantial increase in cash dividends [9][35]. - The company's gross margin and net margin improved significantly in 2023, reaching 17.5% and 17.2% respectively, with further improvements noted in Q4 2023 [9][18]. Financial Performance Summary - In 2023, the company achieved a revenue of 11.09 billion CNY, with a net profit of 1.84 billion CNY and 1.60 billion CNY for non-recurring net profit, reflecting substantial growth compared to the previous year [9][11]. - The Q4 2023 results showed a revenue of 2.75 billion CNY, with a non-recurring net profit of 520 million CNY, indicating a recovery trend with a quarter-on-quarter growth of 24.3% [9][18]. - The company’s cash and cash equivalents, along with other liquid assets, totaled 6.80 billion CNY at the end of 2023, despite a 10.5% decrease year-on-year [9][35]. Profitability and Forecast - The company is expected to maintain a stable earnings trajectory, with projected EPS of 2.08, 2.31, and 2.53 CNY for 2024, 2025, and 2026 respectively [10][41]. - The report anticipates a gradual recovery in revenue growth, with estimates of 5.1%, 5.2%, and 5.4% for the years 2024 to 2026 [11][41]. - The company’s return on equity (ROE) is projected to improve to 10.0% by 2024, reflecting enhanced profitability [11][41].

无锡威孚高科技集团股份有限公司 审计委员会年报工作规程 （2024年4月15日经公司第十届董事会第二十三次会议审议通过） 第一条 为进一步完善无锡威孚高科技集团股份有限公司（以下简称"公司"）的治理机 制，加强内部控制建设，提高公司信息披露质量，充分发挥董事会审计委员会在年报编制和披 露方面的监督作用，根据中国证券监督管理委员会、深圳证券交易所关于公司年度报告工作的 相关规定，以及《公司章程》《董事会审计委员会工作细则》的规定，结合公司年度报告编制 和披露工作的实际情况，特制定本工作规程。 第二条 审计委员会委员在公司年报编制和披露过程中，应当按照有关法律、行政法规、 规范性文件和《公司章程》的要求，认真履行职责，勤勉尽责地开展工作，维护公司整体利益。 第三条 每一会计年度结束后，审计委员会应与财务负责人、负责公司年报审计工作的会 计师事务所协商确定本公司年度财务报告审计工作的时间安排。 第四条 审计委员会应关注公司年度财务报告的审计进程，不定期督促会计师事务所在约 定时限内提交审计报告，并以书面意见形式记录督促的方式、次数和结果以及相关负责人的签 字确认。 第九条 年报审计工作结束后，审计委员会还应向董事会 ...

证券代码：000581 200581 证券简称：威孚高科 苏威孚 B 公告编号：2024-010 无锡威孚高科技集团股份有限公司 关于2024年度开展票据池业务的公告 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有虚假记载、 误导性陈述或者重大遗漏。 无锡威孚高科技集团股份有限公司（以下简称"公司"）于2024年4月15日召开了第 十届董事会第二十三次会议、第十届监事会第十九次会议，审议通过了《关于2024年度 开展票据池业务的议案》，同意公司及合并报表范围内子公司开展不超过人民币20亿元 的票据池业务，票据池业务的开展期限为自公司董事会审议通过之日起一年内，业务 期限内，该额度可滚动使用。本议案在公司董事会审议权限范围内，无需提交股东大会 审议。具体每笔发生额授权公司管理层根据公司及下属子公司的实际经营需要，按照 系统利益最大化原则确定。现将有关事项公告如下： 一、 票据池业务情况概述 1、业务概述 票据池业务是指合作银行为满足企业客户对所持有的应收票据进行统一管理、统 筹使用的需求，向企业提供的集票据托管和托收、票据质押融资等功能于一体的票据 综合管理服务。 2、合作银行 开展票据池业务的 ...

证券代码：000581 200581 证券简称：威孚高科 苏威孚 B 公告编号：2024-021 无锡威孚高科技集团股份有限公司 关于定期报告更正的公告 2024 年 3 月 27 日，公司收到中国证券监督管理委员会江苏监管局出具的《关于对无 锡威孚高科技集团股份有限公司、王晓东、徐云峰、欧建斌采取出具警示函措施的决定》 （[2024]52 号）（以下简称"《警示函》"）以及深圳证券交易所出具的《关于对无锡威孚高 科技集团股份有限公司的监管函》（公司部监管函〔2024〕第 57 号）（以下简称"《监管 函》"）。《警示函》及《监管函》认为"……，公司 2022 年度半年报、年报中披露的与河 北机械、河北德双、河北金达、河北蓝派、河北绵卓间的关联交易金额不准确。"，据此公 司需对公司 2022 年半年报（更正后）、2022 年年报披露的与河北机械、河北德双、河北 金达、河北蓝派、河北绵卓间的关联交易金额做出更正。为保持披露一致性，公司也需对 公司 2023 年半年报披露的与河北机械、河北德双、河北金达、河北蓝派、河北绵卓间的 关联交易金额做出更正。 1 二、本次更正主要内容 公司本次做出的 2022 年半年报（ ...

Financial Performance - The company's operating revenue for the first half of 2022 was ¥7,137,172,857.97, a decrease of 21.03% compared to the same period last year[3]. - Net profit attributable to shareholders was ¥1,091,126,480.08, down 33.69% year-on-year[3]. - The net profit after deducting non-recurring gains and losses was ¥1,127,408,939.53, reflecting a decline of 33.77% compared to the previous year[3]. - The company's cash flow from operating activities showed a significant drop, with a net cash outflow of ¥2,493,982,044.89, a decrease of 3,210.03% year-on-year[3]. - The company achieved operating revenue of 7.137 billion yuan, a decrease of 21.03% compared to the same period last year[22]. - Net profit attributable to shareholders was 1.091 billion yuan, down 33.69% year-on-year[22]. - The company's revenue for the automotive parts segment was CNY 6,928,141,770.13, representing a decrease of 20.98% compared to the same period last year[76]. - The revenue from the automotive after-treatment system was CNY 3,228,708,237.85, with a year-on-year decline of 26.27%[76]. - Domestic revenue accounted for CNY 6,662,626,451.62, reflecting a decrease of 21.73% compared to the previous year[76]. Asset and Liability Management - Total assets at the end of the reporting period were ¥30,017,227,759.66, an increase of 7.32% from the end of the previous year[3]. - Cash and cash equivalents increased to ¥2,357,955,196.57, representing 7.86% of total assets, up from 6.78% last year, a 1.08% increase[79]. - Accounts receivable rose to ¥2,825,882,353.43, accounting for 9.41% of total assets, an increase of 2.07% from 7.34% last year[79]. - Inventory and investment properties decreased to ¥2,167,754,348.61 and ¥18,653,199.32, respectively, with a total decrease of 5.10% in proportion to total assets[79]. - Long-term equity investments decreased to ¥5,582,235,398.43, now 18.60% of total assets, down from 20.44% last year, a decline of 1.84%[79]. - Short-term borrowings increased significantly to ¥4,187,682,800.94, representing 13.95% of total assets, up from 5.14% last year, an increase of 8.81%[79]. - Total current assets as of June 30, 2022, amounted to CNY 10,294,639,401.24, an increase from CNY 8,860,188,565.56 at the beginning of the year[198]. - Total liabilities increased to $5,879,668,335.79 from $3,002,249,244.09, representing a growth of approximately 95%[200]. - Current liabilities totaled $5,514,907,254.72, up from $2,632,254,258.70, indicating an increase of about 109%[200]. - Non-current liabilities decreased slightly to $364,761,081.07 from $369,994,985.39, a decline of approximately 1%[200]. Strategic Initiatives - The company is expanding its marketing management and has a high project acquisition rate in the hybrid market for exhaust aftertreatment systems[23]. - The company is optimizing its strategic planning with a focus on "energy conservation and emission reduction," "green hydrogen," and "smart electric" sectors[26]. - The company plans to invest in global capabilities for hydrogen energy and has established a joint venture for hydrogen fuel cells[26]. - The company is actively pursuing talent development and strategic partnerships in new business areas[41]. - The company is focusing on smart manufacturing and the application of cloud computing and 5G technology to support future business growth[53]. - The company aims to expand its strategic customer base and strengthen connections with new business markets and product promotions[70]. Environmental Management - The company established a dedicated environmental protection department and hired professional management personnel to enhance environmental management performance[99]. - The company strictly complies with multiple environmental laws and regulations, including the Environmental Protection Law and the Water Pollution Prevention Law[99]. - The company implemented low volatile organic compound (VOC) raw material processes to reduce pollutant emissions at the source[99]. - The company has a total of 19 emission outlets for non-methane total hydrocarbons, with a total emission of 1.16 tons, which is below the regulatory limit[115]. - The company reported a total of 436.539 tons of hazardous waste, with a regulatory limit of 946.2 tons, indicating compliance with waste management standards[115]. - The company has committed to continuous environmental monitoring and has implemented emergency response plans for environmental incidents[119]. - The company has engaged third-party monitoring agencies to assess emissions of pollutants such as wastewater and noise[119]. - The company has established a comprehensive environmental management system, ensuring compliance with environmental laws and regulations[121]. Shareholder and Financial Transactions - The total number of shares is 1,008,659,570, with 98.09% being unrestricted shares and 1.91% being restricted shares[168]. - The top shareholder, Wuxi Industrial Development Group Co., Ltd., holds 204,059,398 shares, representing approximately 20.23% of the unrestricted shares[172]. - The company has repurchased a total of 4,982,800 A-shares, accounting for 0.49% of the total share capital, with a total expenditure of RMB 100,001,057.07[184]. - The company has engaged in various financial investments, with a total of RMB 697,645,000 in entrusted financial management, including bank, securities, and trust products[179]. - The company has not reported any significant changes in the shareholding of directors, supervisors, and senior management during the reporting period[173]. - The company has a related party receivable balance of CNY 175,243.78 million at the end of the reporting period[153]. - The company projected a total amount of related party transactions for 2022 to be CNY 705,400 million, with actual transactions amounting to CNY 289,476.87 million[151].