证券代码：000801 证券简称：四川九洲 公告编号：2024030 四川九洲电器股份有限公司 关于发行股份购买资产并募集配套资金 暨关联交易的进展公告 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 根据深圳证券交易所（下称深交所）的相关规定，经公 司申请，公司证券（证券品种：A 股股票，证券简称：四川九 洲，证券代码：000801）自 2023 年 12 月 21 日开市起开始停 牌，具体内容详见公司分别于 2023 年 12 月 21 日、12 月 28 日在巨潮资讯网上披露的《四川九洲电器股份有限公司关于 筹划发行股份购买资产并募集配套资金暨关联交易事项的 停牌公告》（公告编号：2023045）、《四川九洲电器股份有限 公司关于筹划发行股份购买资产并募集配套资金暨关联交 易事项的停牌进展公告》（公告编号：2023047）。 2024 年 1 月 4 日，公司召开第十三届董事会 2024 年度 第一次会议审议通过了本次交易预案及其摘要等与本次交 易相关的议案，具体内容详见公司于 2024 年 1 月 5 日在巨 潮资讯网（www.cninfo.com.c ...

Investment Rating - The report maintains a "Buy" rating for the company [3][4]. Core Insights - The company achieved a total revenue of 3.83 billion RMB in 2023, a slight decrease of 1.4% year-on-year, while the net profit attributable to the parent company was 200 million RMB, reflecting a growth of 1.2% year-on-year [4][23]. - The company focuses on three main business segments: smart terminal products, air traffic control products, and microwave RF, which have shown stable revenue growth [39][23]. - The gross profit margin for 2023 was 23.8%, an increase of 1.5 percentage points year-on-year, indicating improved profitability after divesting from a loss-making plastic raw materials business [25][44]. - The company plans to acquire Zhilang Electronics to expand its electronic countermeasure business, positioning itself in a high-growth sector [23]. Summary by Sections Financial Performance - In 2023, the smart terminal products generated revenue of 2.23 billion RMB (up 16.1% YoY), air traffic control products 1.11 billion RMB (up 11.2% YoY), and microwave RF products 220 million RMB (up 17.3% YoY) [39][23]. - The company reported a net profit margin of 5.2% for 2023, a slight increase of 0.1 percentage points year-on-year, primarily due to increased expenses [25][23]. - R&D expenses increased by 9.4% year-on-year to 360 million RMB, reflecting a commitment to innovation and market expansion [25][23]. Asset Management - Fixed assets increased by 22.4% to 370 million RMB, while construction in progress rose significantly to 470 million RMB, mainly due to the ongoing development of the Chengdu Innovation Center [68][23]. - The company has a healthy cash collection rate, with a cash recovery ratio of 0.96, indicating good cash flow management [55][23]. Market Position and Future Outlook - As a leading player in the domestic air traffic control system market, the company is well-positioned to benefit from the development of low-altitude economy initiatives [23][39]. - The company is expected to achieve net profits of 250 million RMB, 340 million RMB, and 440 million RMB for 2024-2026, representing growth rates of 26%, 34%, and 28% respectively [4][23].

Financial Performance - In 2023, the direct material cost for smart terminal products was CNY 1,518,033,728.81, accounting for 80.96% of operating costs, representing a 14.13% increase from CNY 1,330,120,986.03 in 2022[1]. - Sales expenses increased by 12.45% to CNY 89,019,800.69 in 2023, compared to CNY 79,164,282.45 in 2022[3]. - R&D expenses rose by 9.43% to CNY 356,097,331.55 in 2023, up from CNY 325,414,111.55 in 2022[3]. - The company's operating revenue for 2023 was CNY 3,831,743,013.76, a decrease of 1.36% compared to CNY 3,884,597,912.00 in 2022[43]. - The net profit attributable to shareholders of the listed company was CNY 200,371,262.56, an increase of 1.23% from CNY 197,937,067.49 in the previous year[43]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 116,057,260.34, a decrease of 20.29% compared to CNY 135,982,760.10 in 2022[43]. - The net cash flow from operating activities was CNY 217,511,581.66, down 4.26% from CNY 227,199,008.89 in the previous year[43]. - Basic earnings per share for 2023 were CNY 0.1959, an increase of 1.24% from CNY 0.1935 in 2022[43]. - The company reported quarterly revenues of CNY 923,704,974.11 in Q1, CNY 993,217,415.66 in Q2, CNY 911,500,668.63 in Q3, and CNY 1,003,319,955.36 in Q4[48]. - The net profit attributable to shareholders in Q4 was CNY 59,228,498.55, showing a positive trend compared to previous quarters[48]. Investment and Dividends - The investment income for 2023 was CNY 29,240,878.99, accounting for 11.99% of total profit[8]. - The company plans to distribute a cash dividend of CNY 1 per 10 shares to all shareholders, based on a total of 1,022,806,646 shares[22]. - The fair value changes in profit and loss for 2023 amounted to CNY 1,008,476.34, representing 0.41% of total profit[8]. - The company reported an asset impairment of CNY -82,040,568.60, primarily due to inventory write-downs and bad debt provisions[8]. Research and Development - The company completed the development and delivery of the JZ5STR17 transceiver module, which addresses key technical challenges in high-frequency signal processing[4]. - The MONI_UNIT monitoring unit project has completed two batches of development and delivery, with ongoing improvements for the third batch[4]. - The US29652801 antenna interface unit project has also completed two batches of development and delivery, enhancing customer satisfaction and market expansion[4]. - The company has a robust R&D strategy that includes customized projects, joint development with research institutions, and pre-research based on national policy directions[72]. - The company has developed over 100 air traffic management products with independent intellectual property rights, including secondary radar and airborne collision avoidance systems[71]. - The company has established a strong technical research and development capability in smart terminal and air traffic management sectors, leading to significant product innovations[76]. Market Position and Strategy - The company is positioned as a leading player in the smart terminal sector, with a significant market share in set-top boxes[61]. - The company is actively expanding its market presence in the communication sector, promoting WiFi6 routers and smart terminals, and strengthening partnerships with telecom operators[68]. - The company aims to enhance its core technologies in traditional businesses while exploring new markets in areas such as shipborne phased array systems and drone payloads[73]. - The company is committed to military-civilian integration, with most of its air traffic management products adhering to international civil aviation standards[71]. - The company plans to enhance its customized design and manufacturing capabilities for set-top boxes, aiming to increase market share and generate economic benefits[96]. Financial Management and Governance - The company has established a risk control mechanism for derivative investments, emphasizing the use of simple and liquid financial derivatives to mitigate market risks[119]. - The company emphasizes the importance of internal control and compliance in its derivative trading activities to protect shareholder interests[119]. - The remuneration for directors and senior management is determined based on a comprehensive assessment of the company's annual operating plan and individual performance, with specific monthly and annual allowances set for different roles[164]. - The company has a structured compensation system for directors, supervisors, and senior management, with specific monthly allowances for the chairman and directors[164]. - The company held its first board meeting on April 18, 2023, where it approved the 2022 annual financial report and profit distribution plan[167]. Challenges and Risks - The company acknowledges potential policy risks affecting its smart terminal and air traffic management businesses due to uncertain policy changes[130]. - Market competition risks are significant in the smart terminal sector, with a saturated market and high barriers in the telecommunications field[130]. - The air traffic management business faces challenges from traditional and foreign competitors, prompting the company to strengthen customer engagement and market exploration[131]. Subsidiaries and Acquisitions - The company reported an increase in subsidiaries and businesses due to mergers under common control, with their operating results and cash flows included in the consolidated financial statements from the date of control[148]. - For subsidiaries acquired under non-common control, the financial statements are adjusted based on the fair value of identifiable net assets at the acquisition date, with revenues, expenses, and profits included from the acquisition date to the end of the reporting period[148]. - The company’s subsidiary, Sichuan Jiuzhou Electronic Technology Co., Ltd., reported total assets of 2,321,142,313.36 CNY and a net profit of 37,697,872.21 CNY[122]. - The company’s subsidiary, Chengdu Jiuzhou Difei Technology Co., Ltd., reported total assets of 614,244,522.00 CNY and a net profit of 55,067,850.95 CNY[126]. Future Outlook - In 2024, the company aims for high-quality development through a dual strategy in the smart terminal business, emphasizing market expansion and technological innovation[129]. - The company plans to strengthen market development and cost control in the air traffic management business, aiming to improve operational efficiency[129]. - The microwave RF business will focus on technology innovation and quality improvement, with a commitment to digital transformation and risk management[129]. - The company will continue to invest in technology and talent to drive innovation and maintain its market position amid increasing competition in the military electronics sector[131].

证券代码:000801 证券简称:四川九洲 公告编号:2024024 四川九洲电器股份有限公司 关于 2023 年度利润分配预案的公告 公司于 2024 年 3 月 27 日召开了第十三届董事会 2024 年度 第三次会议及第十二届监事会 2024 年度第三次会议，审议通过 了《关于公司 2023 年度利润分配的预案》，董事会、监事会均认 为本次利润分配预案符合《公司章程》《公司法》等法律、法规 对公司利润分配的有关要求，综合考虑了公司实际经营情况、未 来业务发展及资金需求，兼顾了公司的可持续发展和股东的合理 回报需求，不会对公司未来经营所需现金流造成影响，更不存在 损害股东尤其是中小股东利益的情形，符合公司和全体股东的利 益。董事会、监事会同意该事项的实施，并同意提交 2023 年度 股东大会审议。 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。 2024 年 3 月 27 日，四川九洲电器股份有限公司（下称公司） 召开第十三届董事会 2024 年度第三次会议审议通过《关于公司 2023 年度利润分配的预案》。本事项尚需提交股东大会审议，现 将具体情况公告如 ...

证券代码：000801 证券简称：四川九洲 公告编号：2024025 四川九洲电器股份有限公司 关于开展金融衍生品业务的公告 重要内容提示： 1.为降低外汇风险，增强财务稳健性，四川九洲电器股份 有限公司（下称公司），拟开展总额度不超过人民币 13,000 万 元或等值外币的衍生品套期保值业务，自公司董事会审议批准 之日起 12 个月内有效。上述额度在审批期限内可循环滚动使 用。有效期内，公司及合并报表范围内子公司开展外汇衍生品 交易业务，任意时点余额不超过人民币 13,000 万元或等值外币 （含前述交易的收益进行再交易的相关金额）。交易品种包括 远期、掉期、期权及相关组合产品。公司外汇衍生品交易业务 在经国家外汇管理局和中国人民银行批准、具有经营资格的金 融机构办理。本次开展金融衍生品套期保值业务事项不属于关 联交易。 2.公司于 2024 年 3 月 27 日召开第十三届董事会 2024 年 度第三次会议审议通过了《关于开展金融衍生品业务的议 案》，无需提交股东大会。 3.公司拟开展的外汇衍生品交易将遵循合法、谨慎、安全 和有效的原则，不做投机性、套利性的交易操作，但在交易过 程中存在一定的市场风险、流 ...

四川九洲电器股份有限公司 关于开展金融衍生品业务的可行性分析报告 一、开展金融衍生品业务的背景及目的 公司日常经营中有外币结算需要,公司及合并报表范围内子 公司(下称公司)持有外汇资产及外汇负债,由于收入与支出币种 的不匹配,存在以美元为主的汇率风险敞口｡ 为提高公司应对外 汇波动风险的能力,减少外汇汇率大幅变动对公司经营成果造成 的不利影响,增强公司财务稳健性,公司拟根据具体业务情况适 度开展以套期保值为目的的外汇衍生品交易｡ 本次套期保值业 务不会影响公司主营业务的发展,公司资金使用安排合理｡ 上述交易拟采用外汇远期、掉期、期权及相关组合产品,对 冲公司拟履行境外合同预期收付汇及手持外币资金的汇率变动 风险｡ 外汇衍生产品作为套期工具,其市场价格或公允价值变动 能够降低汇率风险引起的风险敞口变化程度,从而达到相互风险 对冲的经济关系并实现套期保值目的｡ 二、拟开展的金融衍生品业务概述 三、开展金融衍生品业务的必要性 公司境外采购、销售业务使用外币结算｡ 为有效规避和防范 公司开展海外业务过程中的汇率波动风险,合理控制汇兑风险对 公司经营业绩的影响,结合日常经营需要,公司拟进行以套期保 值为目的的金融衍生品 ...

证券代码：000801 证券简称：四川九洲 公告编号：2024022 四川九洲电器股份有限公司 第十二届监事会 2024 年度第三次会议决议公告 本公司及监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。 四川九洲电器股份有限公司（下称公司）第十二届监事会 2024 年度第三次会议于 2024 年 3 月 27 日在公司会议室现场召开。会 议通知于 2024 年 3 月 15 日以专人、邮件或传真方式送达。本次 监事会应参加表决监事 3 人，实际参加表决监事 3 人。会议由监 事会主席郑洲主持。会议召集、召开及表决程序符合有关法律、 行政法规、部门规章、规范性文件和《公司章程》的规定。会议审 议通过了以下议案： 一、审议通过《关于公司 2023 年度监事会工作报告的议案》； 表决情况：3 票同意、0 票反对、0 票弃权。 本议案尚需提交公司 2023 年度股东大会审议。 详见公司同日在巨潮资讯网披露的《2023 年度监事会工作报 告》。 二、审议通过《关于公司 2023 年度财务决算报告的议案》 表决情况：3 票同意、0 票反对、0 票弃权。 本议案尚需提交公司 202 ...

四川九洲电器股份有限公司 2023 年度 董事会工作报告 2023 年度，公司董事会严格按照《公司法》《证券法》《深 圳证券交易所股票上市规则》《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》等有关法律法规和《公 司章程》《董事会议事规则》等公司制度的规定，本着对全体股 东负责的态度，认真履行股东大会赋予的各项职责，贯彻落实股 东大会的各项决议，不断规范公司治理，科学决策，积极开展董 事会各项工作。全体董事勤勉尽责，始终着眼于公司及全体股东 的利益，不断提升科学决策水平。现将 2023 年度公司董事会开 展的各项工作报告如下： 一、2023 年度经营情况 2023 年，公司围绕"以市场需求为导向，以科技创新为手 段，以高质量发展为目标"的经营方针开展各项工作。受国际环 境复杂演变、国内管控政策调整等不可抗力因素影响，国内经济 需求收缩、供给冲击、预期转弱三重压力与日俱增，面对众多不 确定性给公司经营带来的多重挑战，公司董事会不畏艰难，紧抓 国家政策方向、认真研判行业形势、坚持公司战略方针、精心谋 划经营部署、果断采取措施行动，带领经营团队及全体员工苦练 内功、深耕主业、细作管理，在严峻 ...

四川九洲电器股份有限公司 2023 年度监事会工作报告 2023 年,四川九洲电器股份有限公司(下称公司)监事会本着 对公司全体股东负责的原则,严格按照《公司法》《证券法》等 法律法规和《公司章程》《监事会议事规则》等规定,认真履行 监督职责,对公司依法运作情况和公司董事、高级管理人员履行 职责的情况进行监督｡ 公司全体监事恪尽职守、勤勉尽责,为保 障公司规范运作,避免资产及财务管理风险而努力,维护了公司及 股东的合法权益｡ 现将本年度主要工作报告如下: 一、监事会会议召开情况 2023 年 1 月 1 日至 2023 年 12 月 31 日期间(下称报告期),公 司监事会共召开了 5 次会议,会议的召开和表决程序均符合《公 司法》《公司章程》等法律法规和规范性文件的规定,具体会议 情况如下: 1．公司第十一届监事会 2023 年度第一次会议于 2023 年 4 月 18 日在公司会议室召开,全体监事出席会议｡ 会议审议并通过 以下议案:《2022 年度监事会工作报告》《2022 年度财务决算报 告》《关于公司 2022 年年度报告全文及摘要的议案》《2022 年 度利润分配预案》《关于开展金融衍生品业务的议 ...

四川九洲电器股份有限公司 关于 2023 年度年审会计师事务所的履职情况 评估报告 四川九洲电器股份有限公司（下称公司）聘请中汇会计师事 务所（特殊普通合伙）（下称中汇会计师事务所）作为公司 2023 年度年报审计机构。根据财政部、国资委及证监会颁布的《国有 企业、上市公司选聘会计师事务所管理办法》，公司对中汇会计 师事务所 2023 年审计过程中的履职情况进行评估。经评估，公 司认为中汇会计师事务所资质等方面合规有效，履职保持独立性， 勤勉尽责，公允表达意见，具体情况如下： 一、资质条件 中汇会计师事务所创立于 1992 年，2013 年 12 月转制为特 殊普通合伙，管理总部设立于杭州，系原具有证券、期货业务资 格的会计师事务所之一，长期从事证券服务业务。截止目前，中 汇会计师事务所具有 IPO 与资本市场服务、审计、会计服务等专 业方向的优秀专业人员超 2400 名、近 700 名注册会计师、财政 部全国注册会计师行业注册会计师后备领军人才 20 名（含金融 领军 5 人、信息化领军 4 人）。 担任公司审计工作项目组主要成员情况： | 姓名 | 人员性质 | 成为注 | 开始从事 | 开始在中汇 | ...