登录新浪财经APP 搜索【信披】查看更多考评等级 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。 2025年5月7日，董事会收到公司工会委员会送来的《职工代表组长会议决议》。根据《公司章程》等有 关规定，公司工会委员会于2025年4月22日组织召开公司职工代表组长会议，选举熊朝阳先生为公司第 九届董事会职工代表董事，经公示无异议，选举结果有效。 熊朝阳先生将直接进入公司第九届董事会，任期与第九届董事会非职工董事保持一致。 特此公告。 贵州轮胎股份有限公司董事会 2025年5月8日 熊朝阳先生个人简历 熊朝阳：男，1968年2月出生，会计学专业，本科学历，会计师、高级经济师。曾任公司财务部经理、 副总会计师、总经理助理、总会计师、副董事长、财务总监和贵阳农村商业银行股份有限公司董事等职 务，现任公司党委副书记、职工董事。 熊朝阳先生目前持有公司股份39.60万股（来源于公司限制性股票激励计划，其中尚未解除限售的股份 16万股）。与持有公司5%以上股份的股东、实际控制人、公司其他董事、监事和高级管理人员不存在 关联关系。不存在《公司法》《深圳证券交易所上市公司自律 ...

证券代码：000589 证券简称：贵州轮胎 公告编号：2025-029 贵州轮胎股份有限公司 贵州轮胎股份有限公司董事会 2025 年 5 月 8 日 1 关于选举产生职工代表董事的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 2025 年 5 月 7 日，董事会收到公司工会委员会送来的《职工代表组长会议 决议》。根据《公司章程》等有关规定，公司工会委员会于 2025 年 4 月 22 日组 织召开公司职工代表组长会议，选举熊朝阳先生为公司第九届董事会职工代表董 事，经公示无异议，选举结果有效。 熊朝阳先生将直接进入公司第九届董事会，任期与第九届董事会非职工董事 保持一致。 特此公告。 附件：熊朝阳先生个人简历 附件： 熊朝阳先生个人简历 熊朝阳：男，1968 年 2 月出生，会计学专业，本科学历，会计师、高级经济 师。曾任公司财务部经理、副总会计师、总经理助理、总会计师、副董事长、财 务总监和贵阳农村商业银行股份有限公司董事等职务，现任公司党委副书记、职 工董事。 熊朝阳先生目前持有公司股份 39.60 万股（来源于公司限制性股票激励计 划，其中尚未 ...

登录新浪财经APP 搜索【信披】查看更多考评等级 证券代码：000589 证券简称：贵州轮胎 公告编号：2025-027 贵州轮胎股份有限公司 关于参加2025年度贵州辖区投资者 集体接待日暨2024年度业绩说明会的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导性陈述或重大遗 漏。 贵州轮胎股份有限公司（以下简称"公司"）已于2025年4月26日在巨潮资讯网披露了《2024年年度报 告》。为加强与投资者的交流互动，便于投资者进一步了解公司2024年度经营情况及其他关切问题，公 司将参加在贵州证监局指导下、贵州证券业协会联合深圳市全景网络有限公司举办的"2025年度贵州辖 区投资者集体接待日暨2024年度业绩说明会"活动，具体安排如下： 一、业绩说明会的安排 召开时间：2025年5月12日15:40-17:40。 召开方式：网络远程。 出席本次活动人员：公司副董事长、总经理王鹍先生，独立董事蔡可青先生，财务总监张艳君女士和董 事会秘书蒋大坤先生。 参与方式：投资者可登录http://rs.p5w.net进入专区页面参与交流。 二、投资者问题提前征集 为广泛听取投资者的意见和建 ...

Core Viewpoint - Guizhou's listed companies have demonstrated strong resilience and potential, achieving significant growth in key financial metrics despite external pressures and complex market conditions, showcasing a positive outlook for the region's economic development [1][8]. Group 1: Revenue Growth - In 2024, the total operating revenue of 35 listed companies in Guizhou reached CNY 338.44 billion, marking a year-on-year increase of 5.01%, which is significantly higher than the average growth rate of 5402 A-share companies [2]. - A total of 31 listed companies in Guizhou reported operating revenues exceeding CNY 1 billion, with notable performances from Kweichow Moutai approaching CNY 200 billion and Zhongwei Co. surpassing CNY 40 billion [3]. - Companies such as Chuanheng Co. and Guizhou Sanli achieved revenue growth rates exceeding 30%, while eight companies have maintained positive revenue growth for three consecutive years, including Kweichow Moutai [5]. Group 2: Profit Growth - Guizhou's listed companies achieved a total profit of CNY 128.56 billion in 2024, reflecting a year-on-year increase of 9.21%, with the growth rate ranking fifth nationally and second in the western region [8]. - 25 listed companies reported profits, with 20 companies exceeding CNY 10 million in total profit, and several companies, including Kweichow Moutai and Guizhou Bank, leading in profit scale [13]. Group 3: R&D Investment - In 2024, Guizhou's listed companies increased their R&D spending to CNY 5.678 billion, a year-on-year increase of 3.89%, surpassing the national average by 0.8 percentage points [15]. - Among the 33 companies disclosing R&D data, 14 companies invested over CNY 100 million, with Zhongwei Co. leading at CNY 1.109 billion, ranking 12th among all listed companies in the western region [15]. Group 4: Cash Dividends - In 2024, Guizhou's listed companies announced a total cash dividend of CNY 68.361 billion, achieving a historical high in both scale and frequency, with 35 dividend distributions planned [16]. - The cash dividend scale ranked ninth nationally and first in the western region, indicating a strong trend of stability and predictability in dividend payments [16]. Group 5: Share Buybacks - Since 2024, 17 listed companies in Guizhou have actively engaged in share buybacks, with a total investment of CNY 3.244 billion, ranking second in the western region [17]. - Companies like Kweichow Moutai and Guizhou Tire have utilized various financing methods to support their buyback initiatives, reflecting confidence in their own and the broader capital market's future [17].

1）公司发布2024 年报，2024 年度实现营业收入106.91 亿元，同比+11.35%；实现归母净利润6.15 亿 元，同比-26.08%；实现扣非净利润5.96 亿元，同比-27.61%。其中， 24Q4 公司实现营业收入28.48 亿 元， 同比/ 环比分别+11.06%/+6.72%；实现归母净利润0.55 亿元，同比/环比分别-73.12%/-58.90%。 2）公司发布2024 年度利润分配方案，拟每10 股派发现金红利1.3 元(含税)，合计派发红利2.01 亿元， 占归属上市公司股东净利润32.71%。 3）公司发布2025 年一季报，2025Q1 实现营业收入25.27 亿元，同比+3.60%，环比-11.25%；实现归母 净利润0.66 亿元，同比-68.13%，环比+20.23%。 投资建议：基于公司最新业绩表现及原材料、关税等行业变化，我们将此前对公司2025-2026 年的归母 净利润预测由9.39/12.39 亿元调整为6.18/8.06 亿元，并补充对2027 年的归母净利润预测10.24 亿元，对 应当前PE 分别为11.0x/8.4x/6.6x。参考可比公司及公司历史估值 ...

Investment Rating - The report maintains a "Strong Buy" rating for Guizhou Tire (000589) with a target price of 5.20 CNY, compared to the current price of 4.36 CNY [3][7]. Core Views - The company achieved steady growth in production and sales, focusing on structural improvements and actively advancing the Vietnam Phase III project [2][7]. - In 2024, the company reported a revenue of 10.691 billion CNY, a year-on-year increase of 11.35%, while the net profit attributable to shareholders decreased by 26.08% to 615 million CNY [7][8]. - The company plans to produce and sell 10.45 million and 10.35 million tires in 2025, respectively, representing growth of 8.7% and 7.8% compared to 2024 [7][8]. Financial Performance - In Q4 2024, the company achieved a revenue of 2.848 billion CNY, with a year-on-year increase of 11.06% and a quarter-on-quarter increase of 6.72% [7]. - The company’s tire production and sales reached 9.611 million and 9.602 million units in 2024, with year-on-year increases of 7.4% and 11.8% respectively [7]. - The average price of tire products in 2024 was 1,113.4 CNY per unit, showing a slight decrease of 0.4% year-on-year, indicating stable pricing [7]. Vietnam Operations - The Vietnam operations saw significant growth, with production and sales of 2.1163 million and 2.0601 million tires, respectively, marking increases of 65.3% and 64.0% year-on-year [7]. - The revenue from the Vietnam operations was 1.789 billion CNY, a year-on-year increase of 45.7%, with a net profit of 232 million CNY, down 3.2% year-on-year [7]. Profitability Metrics - The company reported a gross margin of 17.94% and a net profit margin of 5.81% for 2024, both showing declines compared to the previous year due to rising raw material costs [7]. - In Q1 2025, the gross margin and net profit margin were 14.19% and 2.65%, respectively, reflecting a year-on-year decline primarily due to increased raw material prices [7]. Future Outlook - The company is optimistic about the domestic economic foundation and expects a recovery in the commercial vehicle tire market, which will support its growth [7]. - The report adjusts the net profit forecasts for 2025 and 2026 to 618 million CNY and 806 million CNY, respectively, with a new forecast for 2027 at 1.024 billion CNY [7][8].

贵州轮胎股份有限公司（以下简称"公司"）已于 2025 年 4 月 26 日在巨潮 资讯网披露了《2024 年年度报告》。为加强与投资者的交流互动，便于投资者进 一步了解公司 2024 年度经营情况及其他关切问题，公司将参加在贵州证监局指 导下、贵州证券业协会联合深圳市全景网络有限公司举办的"2025 年度贵州辖 区投资者集体接待日暨 2024 年度业绩说明会"活动，具体安排如下： 一、业绩说明会的安排 召开时间：2025 年 5 月 12 日 15:40-17:40。 证券代码：000589 证券简称：贵州轮胎 公告编号：2025-027 贵州轮胎股份有限公司 关于参加 2025 年度贵州辖区投资者集体接待日 暨 2024 年度业绩说明会的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 召开方式：网络远程。 出席本次活动人员：公司副董事长、总经理王鹍先生，独立董事蔡可青先生， 财务总监张艳君女士和董事会秘书蒋大坤先生。 参与方式：投资者可登录 http://rs.p5w.net 进入专区页面参与交流。 二、投资者问题提前征集 为广泛听取投资者的意见和建 ...

证券代码：000589 证券简称：贵州轮胎 公告编号：2025-028 贵州轮胎股份有限公司 关于召开 2025 年第二次临时股东大会的提示性公告 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。 贵州轮胎股份有限公司（以下简称"公司"）于2025年4月15日在《证券时报》 《中国证券报》《上海证券报》及巨潮资讯网上发布了《关于召开2025年第二次临 时股东大会的通知》，定于2025年5月8日以现场表决与网络投票相结合的方式召开 2025年第二次临时股东大会。 为保护投资者的合法权益，提醒各位股东及时参会并行使表决权，现将本次股 东大会相关事宜再次公告如下： 一、召开会议的基本情况 1、股东大会届次：2025 年第二次临时股东大会。 2、股东大会的召集人：公司董事会。 2025 年 4 月 14 日，公司召开第八届董事会第三十三次会议，审议通过了《关 于提请召开 2025 年第二次临时股东大会的议案》。 3、会议召开的合法、合规性：本次股东大会系根据公司第八届董事会第三十 三次会议决议召开，符合有关法律、行政法规、部门规章、规范性文件和《公司章 程》的有关规定。 ...

Financial Performance - The company's operating revenue for Q1 2025 was ¥2,527,333,807.92, representing a 3.60% increase compared to ¥2,439,626,181.76 in the same period last year[4]. - Net profit attributable to shareholders decreased by 68.13% to ¥66,116,532.52 from ¥207,433,240.75 year-on-year[4]. - Basic earnings per share dropped by 76.47% to ¥0.04 from ¥0.17 in the same period last year[4]. - Operating profit decreased to ¥80,907,362.11 from ¥228,623,302.75, indicating a decline of approximately 64.6%[16]. - Net profit for the current period was ¥81,709,011.75, down from ¥228,489,285.17 in the previous period, a decrease of around 64.2%[16]. - The net profit for the current period is $67.06 million, a decrease of 67.9% compared to $208.87 million in the previous period[17]. - The total comprehensive income for the current period is $43.83 million, down from $208.03 million in the previous period, reflecting a significant decline[17]. - The basic earnings per share for the current period is $0.04, compared to $0.17 in the previous period, indicating a decrease of 76.5%[17]. Cash Flow and Liquidity - The net cash flow from operating activities turned negative at -¥85,351,267.98, a decline of 647.75% compared to ¥15,582,052.71 in the previous year[4]. - Cash flow from operating activities shows a net outflow of $85.35 million, contrasting with a net inflow of $15.58 million in the previous period[19]. - Cash flow from investing activities resulted in a net outflow of $291.37 million, compared to a net outflow of $347.59 million in the previous period, showing a slight improvement[19]. - Cash flow from financing activities generated a net inflow of $146.11 million, an increase from $137.52 million in the previous period[20]. - The total cash and cash equivalents at the end of the period is $2.37 billion, down from $2.77 billion at the end of the previous period[20]. - Cash and cash equivalents decreased to ¥2,554,057,721.15 from ¥2,738,774,303.89, a decline of about 6.7%[14]. Assets and Liabilities - Total assets at the end of the reporting period were ¥18,000,599,204.92, a slight decrease of 0.11% from ¥18,020,709,513.92 at the end of the previous year[5]. - Total liabilities decreased to ¥9,103,498,995.58 from ¥9,171,120,779.99, a decline of about 0.7%[15]. - Total assets amounted to ¥18,000,599,204.92, slightly down from ¥18,020,709,513.92, a decrease of approximately 0.1%[15]. - Accounts receivable increased to ¥2,285,767,214.79 from ¥2,129,305,864.71, showing a growth of approximately 7.4%[14]. - Inventory slightly decreased to ¥1,890,855,048.48 from ¥1,897,871,943.30, a reduction of about 0.5%[14]. - Short-term borrowings rose to ¥2,090,530,888.89 from ¥1,933,939,360.68, an increase of approximately 8.1%[15]. Expenses and Financial Obligations - Financial expenses surged by 610.74% to ¥22,808,590.51, attributed to increased exchange losses during the period[8]. - The company reported a tax expense of $14.65 million, down from $19.62 million in the previous period, reflecting a decrease of 25.1%[17]. - The company received $1.02 billion in borrowings during the current period, significantly higher than $374 million in the previous period[20]. - The company paid $834 million in debt repayments, compared to $194 million in the previous period, indicating increased financial obligations[20]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 65,520, with the largest shareholder holding 20.48% of the shares[10]. - Contract liabilities increased by 40.43% to ¥92,838,076.02, mainly due to an increase in advance payments received[8]. - The company experienced a 67.90% decrease in net profit, primarily due to rising raw material costs, amounting to a reduction of ¥141,810,851.18 compared to the previous year[9]. - Total operating costs increased to ¥2,452,593,533.62 from ¥2,215,334,207.69, reflecting a rise of about 10.7%[16].

Group 1 - The core viewpoint is that Chinese tire companies are accelerating their overseas factory layout, expanding from Southeast Asia to diversified markets such as Europe, North America, and Africa, transitioning from scale expansion to value creation [1][2] - The average import price of semi-steel tires in the U.S. for 2024 is projected to be $62 per tire, with those from Thailand, Cambodia, and Vietnam averaging $40 per tire. The average import price for all-steel tires is $117 per tire, with those from Cambodia and Vietnam averaging around $80-85 per tire [2][3] - The imposition of a 25% tariff may further widen the price gap between Chinese tires and those from North America and Japan, thereby solidifying cost advantages for Chinese manufacturers [2][3] Group 2 - The new 25% tariff on passenger car and light truck tires under Section 232 may not significantly reduce the cost advantage of tires imported from low-cost regions compared to high-cost regions [2][3] - Historical data indicates that tariffs have not effectively increased domestic tire production in the U.S. due to high labor costs, significant investment requirements, and long construction periods [4] - The high-end market for tires presents a significant opportunity for Chinese manufacturers, allowing them to escape low-end competition and enhance profitability in markets outside the U.S. [5] Group 3 - Recommended stocks include Sailun Tire (601058.SH), Senking (002984.SZ), Linglong Tire (601966.SH), General Shares (601500.SH), Triangle Tire (601163.SH), Guizhou Tire (000589.SZ), and Wind God Shares (600469.SH) [6]