中信证券股份有限公司 关于 冰轮环境技术股份有限公司收购报告书 之 财务顾问报告 财务顾问 2024年4月 财务顾问声明 根据《中华人民共和国公司法》《中华人民共和国证券法》《上市公司收购 管理办法》《公开发行证券的公司信息披露内容与格式准则第 16 号——上市公 司收购报告书》等法律法规和规范性文件的规定，中信证券股份有限公司（以下 简称"本财务顾问"）按照行业公认的业务标准、道德规范，本着诚实信用、勤勉 尽责的精神，对本次收购的相关情况和资料进行了核查，对收购人及其一致行动 人出具的《冰轮环境技术股份有限公司收购报告书》所披露的内容出具财务顾问 报告，以供投资者和有关各方参考。 为此，本财务顾问特作出以下声明： 1、本财务顾问已按照规定履行了尽职调查义务，对收购人及其一致行动人 披露的《冰轮环境技术股份有限公司收购报告书》进行了核查，确信披露文件内 容与格式符合规定，并有充分理由确信所发表的专业意见与收购人及其一致行动 人披露的文件内容不存在实质性差异； 2、本财务顾问有充分理由确信本次收购符合相关法律、行政法规的规定， 有充分理由确信收购人及其一致行动人披露的信息真实、准确、完整，不存在虚 假记载、误导 ...

之 法律意见书 济南市历下区龙奥西路 1 号银丰财富广场 B 座 4-6 层 250011 电话：0531－55652345；传真：0531－55652345 济南·北京·上海·青岛·烟台·淄博·临沂·潍坊·济宁·东营·枣庄·威海·海口·菏泽 山东康桥律师事务所 关于烟台国丰投资控股集团有限公司 免于发出要约事宜 www.kangqiaolaw.com 北京、上海、青岛、烟台、淄博、临沂、济宁、潍坊、东营、枣庄、威海 | 释 义 2 | | --- | | 第一部分 律师声明事项 5 | | 第二部分 正文 7 | | 一、收购人及其一致行动人的主体资格 7 | | 二、本次收购属于《收购管理办法》规定的免于发出要约的情形 11 | | 三、本次收购履行法定程序的情况 13 | | 四、本次收购不存在法律障碍 14 | | 五、本次收购的信息披露 14 | | 六、收购人及其一致行动人在本次收购过程中不存在证券违法行为 15 | | 七、结论意见 17 | 释 义 在本法律意见书中，除非文义另有所指，下列左栏中的术语或简称对应右 栏中的含义或全称： | 简称 | | 释义 | | --- | --- | -- ...

山东康桥律师事务所 关于 《冰轮环境技术股份有限公司收购报告书》 之 法律意见书 济南市历下区龙奥西路 1 号银丰财富广场 B 座 4-6 层 250011 电话：0531－55652345；传真：0531－55652345 济南·北京·上海·青岛·烟台·淄博·临沂·潍坊·济宁·东营·枣庄·威海·海口·菏泽 北京、上海、青岛、烟台、淄博、临沂、济宁、潍坊、东营、枣庄、威海 | 释 | 义 2 | | --- | --- | | 第一部分 | 律师声明事项 5 | | 第二部分 | 正文 7 | | 一、收购人的主体资格 7 | | | 二、本次收购目的及收购决定 22 | | | 三、本次收购的方式 23 | | | 四、本次收购的资金来源 27 | | | 五、免于发出要约的情况 28 | | | 六、本次收购的后续计划 28 | | | 七、本次收购对上市公司的影响分析 30 | | | 八、与上市公司之间的重大交易 33 | | | 九、前 | 6 个月内买卖上市交易股份的情况 34 | | 十、《收购报告书》的格式与内容 36 | | | 十一、结论意见 36 | | www.kangqiaolaw. ...

冰轮环境技术股份有限公司 简式权益变动报告书 上市公司名称：冰轮环境技术股份有限公司 股票上市地点：深圳证券交易所 股票简称：冰轮环境 股票代码：000811 信息披露义务人：烟台国盛投资控股有限公司 住所：山东省烟台市莱山区观海路观海大厦B座13楼 通讯地址：山东省烟台市莱山区正大隆泰大厦A座20楼 权益变动方式：国有股权无偿划转（股份减少） 签署日期：二零二四年四月十九日 冰轮环境技术股份有限公司简式权益变动报告书 声 明 一、本报告书系信息披露义务人依据《公司法》《证券法》《上市公司收购管 理办法》《公开发行证券的公司信息披露内容与格式准则第 15 号—权益变动报告 书》及其他相关法律、法规及部门规章的有关规定编写。 二、依据上述法律法规的规定，本报告书已全面披露了信息披露义务人在冰 轮环境技术股份有限公司中拥有权益的股份变动情况。 截至本报告书签署之日，除本报告书披露的持股信息外，信息披露义务人没 有通过任何其他方式增加或减少其在冰轮环境技术股份有限公司拥有权益的股 份。 三、信息披露义务人签署本报告书已获得必要的授权和批准，其履行亦不违 反信息披露义务人章程或内部规则中的任何条款，或与之相冲突。 四 ...

冰轮环境技术股份有限公司 简式权益变动报告书 一、本报告书系信息披露义务人依据《公司法》《证券法》《上市公司收购 管理办法》《公开发行证券的公司信息披露内容与格式准则第 15 号—权益变动 报告书》及其他相关法律、法规及部门规章的有关规定编写。 二、依据上述法律法规的规定，本报告书已全面披露了信息披露义务人在冰 轮环境技术股份有限公司中拥有权益的股份变动情况。 截至本报告书签署之日，除本报告书披露的持股信息外，信息披露义务人没 有通过任何其他方式增加或减少其在冰轮环境技术股份有限公司拥有权益的股 份。 三、信息披露义务人签署本报告书已获得必要的授权和批准，其履行亦不违 反信息披露义务人章程或内部规则中的任何条款，或与之相冲突。 上市公司名称：冰轮环境技术股份有限公司 股票上市地点：深圳证券交易所 股票简称：冰轮环境 股票代码：000811 信息披露义务人：烟台冰轮控股有限公司 住所：烟台市芝罘区冰轮路1号 通讯地址：山东省烟台市莱山区正大隆泰大厦A座20楼 权益变动方式：国有股权无偿划转（股份减少） 签署日期：二零二四年四月十九日 冰轮环境技术股份有限公司简式权益变动报告书 声 明 四、信息披露义务人承诺本报 ...

冰轮环境技术股份有限公司 收购报告书摘要 | 上市公司名称： | 冰轮环境技术股份有限公司 | | --- | --- | | 股票上市地点： | 深圳证券交易所 | | 股票简称： | 冰轮环境 | | 股票代码： | 000811 | | 收购人一名称： | 烟台国丰投资控股集团有限公司 | | 注册地址： | 山东省烟台市芝罘区南大街 267 号 | | 通讯地址： | 山东省烟台市莱山区迎春大街178 号正大隆泰大厦 | | 收购人二名称： | 烟台国泰诚丰资产管理有限公司 | | 注册地址： | 山东省烟台市高新区科技大道 69 号创业大厦西塔 | | 通讯地址： | 山东省烟台市高新区科技大道 69 号创业大厦西塔 | | 一致行动人名称： | 烟台冰轮投资有限公司 | | 注册地址： | 山东省烟台市芝罘区冰轮路 1 号 | | 通讯地址： | 山东省烟台市芝罘区冰轮路 号 1 | 签署日期：二〇二四年四月 1 收购人及其一致行动人声明 一、收购人及其一致行动人依据《中华人民共和国公司法》、《中华人民 共和国证券法》、《上市公司收购管理办法》、《公开发行证券的公司信息披 露内容与格式准则第 16 ...

证券代码：000811 证券简称：冰轮环境 公告编号：2024-009 冰轮环境技术股份有限公司 关于股东国有股份无偿划转的提示性公告 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。 一、本次国有股份无偿划转的基本情况 近日，公司接间接控股股东烟台国丰投资控股集团有限公司（以 下简称"烟台国丰"）通知，为深入贯彻落实市属企业优化整合工作 部署要求，进一步优化资源配置，提升运营效率，烟台国丰将烟台冰 轮控股有限公司（以下简称"冰轮控股"）持有的全部本公司 102,790,679 股股份（占公司目前已发行股份总数的 13.46%）无偿划 转至烟台国丰；将烟台国盛投资控股有限公司（以下简称"烟台国盛"） 持有的全部本公司 71,701,983 股股份（占公司目前已发行股份总数 的 9.39%）无偿划转至烟台国泰诚丰资产管理有限公司（以下简称"国 泰诚丰"）。 股、烟台国盛不再持有公司股份。 本次划转前有关股东对公司的控制关系的示意图如下： 二、本次国有股份无偿划转双方基本情况 （一）划出方基本情况 1、冰轮控股 本次划转后有关股东对公司的控制关系的示意图如下： | ...

Investment Rating - The investment rating for the company is "Buy" and is maintained [8]. Core Views - The company's profitability continues to improve, with a focus on accelerating breakthroughs in the low-carbon energy industry [2]. - The company is expected to benefit from the future industry explosion, although there has been a significant downward adjustment in profit forecasts due to a slowdown in downstream chemical demand since the fourth quarter of last year. The revenue forecasts for 2024-2026 are adjusted to 7.92 billion, 8.81 billion, and 9.85 billion yuan, respectively, with net profit estimates of 689 million, 788 million, and 897 million yuan [5]. Financial Performance - In 2023, the company achieved a total revenue of 7.496 billion yuan, representing a year-on-year increase of 22.86%. The net profit attributable to the parent company was 655 million yuan, up 53.73% [10]. - The gross margin for 2023 was 25.56%, an increase of 2.14 percentage points, while the net margin was 8.87%, up 2.45 percentage points [10]. - The company plans to distribute a cash dividend of 1.00 yuan per 10 shares, totaling 76 million yuan [10]. Market Position and Growth Potential - The company has a strong competitive position in the industrial refrigeration and compression sectors, with a significant increase in revenue contribution from industrial product sales, rising from 79.64% in 2022 to 87.08% in 2023 [10]. - The cold chain industry remains robust, with ongoing projects in cold chain logistics and increasing demand in the pre-prepared food sector expected to drive growth [10]. - The company is well-positioned to enhance its revenue and profit from overseas markets, with its products maintaining higher gross margins compared to domestic sales [10]. Future Outlook - The gradual implementation of large-scale equipment update policies is expected to positively impact the industry [11]. - The company is actively developing key technologies and equipment for low-carbon energy systems, which aligns with industry trends and government policies [10].

机械设备 证 券 研 究 报 告 | --- | --- | |----------------------------------|-------------------------------| | | | | 基础数据 : | 2023 年 12 月 31 日 | | 每股净资产（元） | 7.04 | | 资产负债率 % | 49.72 | | 总股本 / 流通 A 股（百万） | 764/746 | | 流通 B 股/H 股（百万） | -/- | 03-2904-2905-2906-2907-2908-2909-2910-2911-2912-2901-2902-29 -40% -20% 0% 20% 40% 60% 冰轮环境 沪深300指数（收益率） 报告原因：有业绩公布需要点评 买入（维持）事件： 公司发布 2023 年报业绩，2023 年公司实现营收 74.96 亿元，同比+22.86%， 归母净利 6.55 亿元，同比+53.73%；扣非归母净利 5.66 亿元，同比+50.49%， 业绩符合预期，主要原因系商用板块和工业制冷板块业绩持续向好。 投资要点： "制造业+数智化技术"双轮驱动制造 ...

Financial Performance - The company reported a total revenue of 104.887 million for the period, with an outstanding balance of 104.807 million in bank wealth management products[38]. - Net profit for the year reached ¥665.18 million, a significant increase of 57.5% from ¥422.69 million in the previous year[152]. - Earnings per share (EPS) improved to ¥0.88, up from ¥0.57, representing a growth of 54.4%[154]. - The company reported a total comprehensive income of ¥579.46 million, compared to ¥340.08 million, indicating an increase of about 70.4%[152]. - Total operating revenue for 2023 reached ¥7,496,316,164.42, a significant increase of 22.8% compared to ¥6,101,671,875.20 in 2022[177]. - Net profit for 2023 was ¥488,766,375.12, representing a 33.0% increase from ¥367,290,130.12 in 2022[180]. - The company's total assets increased to ¥7,715,579,479.90 in 2023, compared to ¥7,276,802,001.31 in 2022[177]. - Total liabilities reached ¥3,291,238,701.22 in 2023, compared to ¥3,115,755,748.77 in 2022[177]. - Total equity increased to ¥4,424,340,778.68 in 2023 from ¥4,161,046,252.54 in 2022, marking a rise of 6.3%[177]. Environmental Compliance and Initiatives - The company has committed to increasing environmental investments and improving pollutant treatment levels, ensuring stable compliance with emission standards[36]. - The company completed emergency drills for environmental incidents as per the established emergency response plans in March 2023[5]. - The company has not faced any major environmental issues or penalties during the reporting period[41]. - The company emphasizes environmental protection and energy-saving initiatives, aiming to become a provider of smart green energy system solutions[105]. - During the reporting period, the company paid CNY 0.60 million in environmental protection tax and installed catalytic combustion facilities for exhaust gas treatment, achieving a treatment efficiency of 99%[124]. - The company upgraded the exhaust gas treatment system in the casting workshop, enhancing the purification process to include activated carbon adsorption/desorption and catalytic combustion[127]. - The company has established a comprehensive pollution discharge standard for its operations, ensuring compliance with local regulations[120]. Shareholder and Equity Information - The company completed the grant of the 2023 restricted stock incentive plan on September 9, 2023, with a total of 17,270,000 shares granted[49]. - An additional 550,000 shares were granted on November 20, 2023, under the same incentive plan[49]. - The total number of shares granted under the 2023 restricted stock incentive plan amounts to 17,820,000 shares[49]. - After the completion of the restricted stock grant registration, the company's total share capital is 763,657,804 shares, resulting in a diluted basic earnings per share adjustment from RMB 0.57 to RMB 0.56 for the year 2022[63]. - The company has a structured vesting schedule for the restricted shares, with 40% vesting after 24 months and the remaining 60% vesting in subsequent periods[68]. - The company aims to enhance employee motivation and retention through the equity incentive plan, aligning interests with shareholders[70]. - The total number of shares post-incentive plan reflects a strategic move to bolster the company's capital structure and support future growth initiatives[70]. - The company has a local state-owned controlling shareholder, specifically the Shandong Provincial Finance Department[57]. Governance and Compliance - The internal control audit report indicated that the company maintained effective financial reporting internal controls in all material aspects[6]. - The company has established a robust governance structure to ensure fair and equitable treatment of all shareholders, enhancing investor relations management[105]. - The audit opinion for the financial report is a standard unqualified opinion, signed on March 26, 2024[84]. - There were no changes in accounting policies or significant accounting errors during the reporting period[88]. - The company has not reported any changes in the number of shares held by the top ten shareholders participating in the securities lending business[75]. Research and Development - Research and development expenses rose to ¥284.21 million, compared to ¥225.79 million, marking an increase of approximately 25.8%[152]. - The company has maintained a strong focus on innovation, as evidenced by the significant increase in R&D spending[152]. Cash Flow and Financial Stability - The cash flow from operating activities showed a positive trend, contributing to the overall financial stability of the company[156]. - Cash inflow from operating activities reached ¥7.04 billion in 2023, up from ¥5.62 billion in 2022, indicating a growth of 25%[181]. - Net cash flow from operating activities decreased to ¥340.04 million in 2023 from ¥641.88 million in 2022, a decline of 47%[182]. - Cash outflow from investing activities totaled ¥1.69 billion in 2023, down from ¥2.70 billion in 2022, reflecting a reduction of 37%[182]. - Cash inflow from financing activities increased to ¥1.20 billion in 2023, compared to ¥707.17 million in 2022, marking a rise of 70%[182]. Market and Strategic Focus - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[149]. - The company plans to focus on market expansion and new product development as part of its future strategy[181].