秦川机床工具集团股份公司 首期限制性股票激励计划实施考核管理办法 为保证秦川机床工具集团股份公司（以下简称"公司"）首期限制性股票激 励计划（以下简称"激励计划"）的顺利实施，确保授予与解除限售契合公司的 实际管理需要，形成良好均衡的价值分配体系，同时保障激励计划的公平性、有 效性，根据国家有关规定和公司实际，制定本考核办法。 一、考核原则 1、考核制度及方法公开化，考核过程程序化、规范化。 2、考核指标尽可能量化，并需要明确界定该项指标的定义及衡量方法，对 于难以量化的行为指标，要求通过结果描述、关键事件记录方式进行客观评价。 3、考核指标及考核结果必须对考核人通知，被考核人对考核结果存在异议 时，可向本单位绩效考核组织部门反馈。 二、考核范围 本办法的考核范围为激励计划确定的激励对象，包括： 公司高级管理人员、研发骨干、销售骨干和高技能人才等员工（不包括独立 董事、监事）。 注： 1."净利润"、"净利润增长率"及"净资产收益率"指标计算均以经审计 的归属于上市公司股东的净利润和归属于上市公司股东的净资产作为计算依据。计算上 述考核指标均不含因实施激励计划产生的激励成本。2.激励计划有效期内，如有增发、 ...

证券代码：000837 证券简称：秦川机床 公告编号：2024-56 秦川机床工具集团股份公司 2024 年第四次临时股东大会决议公告 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。 特别提示： 1、本次股东大会无否决议案的情形。 2、本次股东大会不涉及变更前次股东大会决议的情形。 一、会议的召开和出席情况 （一）会议时间： 1、现场召开时间：2024 年 9 月 27 日（星期五）14:30 2、网络投票时间：2024 年 9 月 27 日 其中：通过深圳证券交易所交易系统进行网络投票的具体时间为 2024 年 9 月 27 日上午 9:15－9:25，9:30-11:30 和 13:00－15:00；通过深圳证券交易所互联 网投票系统投票的具体时间为：2024年9 月27 日9:15至15:00期间的任意时间。 （二）现场会议地点：陕西省宝鸡市姜谭路 22 号公司办公楼五楼会议室。 （三）会议召开方式：本次股东大会采取现场投票与网络投票相结合的方式。 公司通过深圳证券交易所交易系统和互联网投票系统向公司股东提供网络形式 的投票平台，股东可以在网络投票时间内 ...

秦川机床工具集团股份公司 2024 年第四次临时股东大会见证 法律意见书 北京市炜衡律师事务所 关于秦川机床工具集团股份公司 2024年第四次临时股东大会见证之法律意见书 致：秦川机床工具集团股份公司 北京市炜衡律师事务所（以下简称"本所"）依法接受秦川机床工具集团股 份公司（以下简称"公司"）的委托，指派李佳芯律师、杨乐律师（以下简称"本 所律师"）出席了公司 2024 年第四次临时股东大会(以下简称"本次股东大会")， 并对本次股东大会的相关事项依法进行见证及出具本法律意见书。 为出具本法律意见书，本所律师审查了公司提供的本次股东大会的相关资料， 包括但不限于公司召开 2024 年第四次临时股东大会的通知、公司 2024 年第四次 临时股东大会的议程、议案及决议等文件资料，同时听取了公司董事会秘书就有 关事实的陈述和说明。公司已向本所作出保证和承诺，保证公司向本所提供的资 料和文件均为真实、准确、完整，无重大遗漏。 本所律师亲自参加了本次股东大会，对本次股东大会的召集与召开程序、召 集人和出席股东大会人员的资格、股东大会的表决程序以及表决结果等重要事项 的合法性、有效性予以现场核查。 本所及经办律师依据《 ...

[Table_StockNameRptType] 秦川机床（000837） 公司点评 24 半年报点评：Q2 收入同比改善，H1 累计出口同比+43%再创新高 | --- | --- | --- | |-----------------------------------------------------------------------------------------------------------------------------|---------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

非公开发行股票限售股份解除限售上市流通 的核查意见 中信证券股份有限公司（以下简称"中信证券"或"保荐人"）作为秦川 机床工具集团股份公司（以下简称"秦川机床""公司"或"上市公司"）的 持续督导机构，根据《中华人民共和国公司法》《中华人民共和国证券法》 《证券发行上市保荐业务管理办法》《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》等相关法 律法规和规范性文件的要求，对秦川机床工具集团股份公司非公开发行股票限 售股份解除限售上市流通事项进行了审慎核查，具体核查情况及核查意见如下： 一、本次解除限售股份的基本情况 （一）本次解除限售的股份取得的基本情况 中信证券股份有限公司 关于秦川机床工具集团股份公司 1 2023年6月，公司向控股股东法士特集团在内的14名特定对象共计发行股份 110,512,129股，公司总股本由899,370,910股增加至1,009,883,039股。 截至本核查意见出具日，除上述变动外，公司未发生因利润分配、公积金 转增等导致公司股本数量发生变化的情况，公司总股本为1,009,883,039股，其 中有限售条件的股份数量为244, ...

证券代码：000837 证券简称：秦川机床 公告编号：2024-55 秦川机床工具集团股份公司 关于非公开发行股票限售股份解除限售 上市流通的提示性公告 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。 特别提示： 1、秦川机床工具集团股份公司（以下简称"公司"）本次解除限售的股份为 公司 2020 年度非公开发行股票的限售流通股，数量为 206,000,000 股，占公司当 前总股本的 20.40%。 2、本次解除限售的股份可上市流通日为 2024 年 9 月 9 日（星期一）。 一、本次解除限售股份的基本情况 1、本次解除限售的股份取得的基本情况 根据中国证券监督管理委员会出具的《关于核准秦川机床工具集团股份公司 非公开发行股票的批复》（证监许可〔2021〕2500 号），公司以非公开发行股票 的方式向陕西法士特汽车传动集团有限责任公司（以下简称"法士特集团"）共计 1名符合中国证监会规定的特定对象共发行人民币普通股（A股）206,000,000股， 发行价格为人民币 3.88 元/股，募集资金总额为人民币 799,280,000 元，扣除承销 保荐费及其他 ...

证券代码：000837 证券简称：秦川机床 公告编号：2024-54 秦川机床工具集团股份公司 关于回购公司股份的进展公告 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。 秦川机床工具集团股份公司（以下简称"公司"）于 2024 年 3 月 15 日召开第 八届董事会第三十八次会议、2024年4月2日召开2024年第二次临时股东大会， 审议通过了《关于回购公司股份方案的议案》，同意公司使用自有资金以集中竞 价交易方式回购公司部分股份，资金总额不低于人民币 2,000 万元（含），不超 过人民币 4,000 万元（含），股份回购价格不超过人民币 13.5 元/股。回购期限自 公司股东大会审议通过本次股份回购方案之日起不超过 12 个月，具体回购数量 以回购期满时实际回购的股份数量为准，所回购的股份将用于股权激励或员工持 股计划。公司于 2024 年 7 月 10 日召开第八届董事会第四十二次会议和第八届监 事会第二十六次会议、2024 年 7 月 26 日召开 2024 年度第三次临时股东大会审 议通过了《关于变更回购股份用途并注销的议案》，同意公司将原回购股份 ...

Investment Rating - The report maintains a "Hold" rating for Qinchuan Machine Tool (000837) with a current price of 7.03 yuan [1] Core Views - Qinchuan Machine Tool achieved revenue of 2.021 billion yuan in H1 2024, a year-on-year increase of 2.33%, but net profit attributable to the parent company decreased by 46.45% to 43 million yuan [2] - The decline in net profit is attributed to a reduction in government subsidies (down by 48 million yuan) and a slight decrease in gross margin (17.03% in H1 2024, down 1.31 percentage points) [2] - The company's export business reached a new high, with a year-on-year increase of 42.55%, and its gear grinding machines entered the Turkish and Brazilian markets for the first time [2] - The company is expected to achieve net profits of 110 million, 170 million, and 250 million yuan in 2024, 2025, and 2026, respectively, with a compound annual revenue growth rate of 14% [2] Business Performance - Machine tool revenue grew by 8.1% year-on-year to 1.01 billion yuan in H1 2024, while parts revenue increased by 2% to 740 million yuan [2] - The gross margin for machine tools was 16.38%, down 0.31 percentage points, and the gross margin for parts was 11.12%, down 3.21 percentage points [2] - The company's machine tool business is expected to grow at a rate of 17.5%, 17.1%, and 18.1% in 2024, 2025, and 2026, respectively, with gross margins improving to 17.5%, 18.0%, and 18.5% [5] - The parts business is projected to grow at 11.0%, 11.9%, and 12.7% in the same period, with gross margins increasing to 13.5%, 14.0%, and 15.0% [5] Financial Projections - Revenue is expected to grow from 3.761 billion yuan in 2023 to 5.551 billion yuan in 2026, with a compound annual growth rate of 13.33% to 14.60% [3][5] - Net profit attributable to the parent company is projected to increase from 52.26 million yuan in 2024 to 246.99 million yuan in 2026, with growth rates of 118.16%, 51.72%, and 42.80% respectively [3] - The company's ROE is expected to improve from 1.24% in 2023 to 5.18% in 2026, while the PE ratio is projected to decrease from 136 in 2024 to 29 in 2026 [3][9] Market Position - Qinchuan Machine Tool is a leading domestic gear machine tool manufacturer, with a market share of over 60% in gear grinding machines [5] - The company is accelerating the expansion of high-end machine tools, such as five-axis machines, to promote domestic substitution [5]

Investment Rating - The investment rating for the company is "Hold" [1] Core Views - The company reported a revenue of 2.021 billion yuan for H1 2024, representing a year-on-year growth of 2.33%, while the net profit attributable to shareholders decreased by 46.45% to 43 million yuan [2] - The decline in net profit is attributed to a reduction in other income, particularly government subsidies, which fell by approximately 48 million yuan [2] - The company achieved a record high in exports, with a year-on-year growth of 42.55% in H1 2024, including a 62.35% increase in main machine exports [2] - The company is positioned as a leader in domestic gear machine tools, with expectations for a compound annual growth rate (CAGR) of 14% in revenue over the next three years [2] Summary by Sections Financial Performance - In H1 2024, the company achieved a revenue of 2.021 billion yuan, with a net profit of 43 million yuan, down 46.45% year-on-year [2] - The gross margin for H1 2024 was 17.03%, a decrease of 1.31 percentage points year-on-year [2] - The company’s revenue from machine tools reached 1.01 billion yuan, growing by 8.1% year-on-year, while parts revenue was 740 million yuan, up 2% [2] Revenue and Profit Forecast - The forecast for net profit attributable to shareholders for 2024-2026 is 110 million, 170 million, and 250 million yuan respectively, with a projected revenue CAGR of 14% [2][5] - The expected revenue for 2024 is 4.262 billion yuan, with a growth rate of 13.33% [3][5] Business Segments - The machine tool segment is expected to see order growth rates of 17.5%, 17.1%, and 18.1% from 2024 to 2026, with gross margins improving to 18.5% by 2026 [5] - The parts segment is projected to grow at 11% to 12.7% over the same period, with gross margins increasing to 15% [5] Market Position - The company is recognized as a leader in the domestic gear machine tool market, with a market share exceeding 60% in the grinding machine segment [5]

Financial Performance - The company's operating revenue for the first half of 2024 was ¥2,021,268,042.92, representing a 2.33% increase compared to ¥1,975,226,112.50 in the same period last year[11]. - The net profit attributable to shareholders was ¥43,184,094.08, a decrease of 46.45% from ¥80,635,599.67 in the previous year[11]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥6,568,585.59, showing a significant increase of 512.89% compared to ¥1,071,731.75 last year[11]. - The basic earnings per share decreased by 52.29% to ¥0.0428 from ¥0.0897 in the same period last year[11]. - The total assets at the end of the reporting period were ¥9,730,064,500.73, down 1.32% from ¥9,860,349,892.53 at the end of the previous year[11]. - The net assets attributable to shareholders increased by 0.57% to ¥4,791,878,956.90 from ¥4,764,771,133.99 at the end of the previous year[11]. - The net cash flow from operating activities was negative at -¥17,971,637.85, compared to a positive cash flow of ¥19,665,827.32 in the previous year[11]. - The company reported a total of ¥36,615,508.49 in non-recurring gains and losses during the reporting period[14]. - The weighted average return on net assets was 0.90%, down from 2.27% in the previous year[11]. Industry Overview - In the first half of 2024, the machine tool industry achieved a total revenue of CNY 501.9 billion, a year-on-year decline of 7.7%[16]. - The total profit of the machine tool industry in the same period was CNY 14.9 billion, down 78.2% year-on-year[16]. - The production of metal cutting machine tools reached 333,000 units, an increase of 5.7% year-on-year, while the production of metal forming machine tools decreased by 6.7% to 83,000 units[16]. Strategic Focus - The company focuses on high-end manufacturing and core components, aiming to become a leading system integration service provider in the high-end equipment manufacturing sector[17]. - The company plans to enhance its market share and product premiumization through strong technical capabilities and localized after-sales service[21]. - The company is actively exploring niche markets to increase sales revenue, particularly in gear grinding machines[23]. - The company is actively pursuing market expansion and technological breakthroughs, focusing on 16 key core technologies and 29 major R&D projects[28]. Research and Development - Research and development investment decreased by 25.29% to ¥93,950,172.30 from ¥125,749,589.81 in the previous year[34]. - The company applied for 34 patents, including 8 invention patents and 17 authorized patents, demonstrating a strong focus on technological innovation[25]. - The company has implemented effective measures to stabilize development and promote operational efficiency in response to market changes[22]. Cash Flow and Investments - The company completed 50% of its annual investment plan in the first half of 2024, with two key projects already in operation[26]. - The company reported a significant decline in trade revenue, which fell by 54.53% to ¥19,933,911.61 from ¥43,837,323.08 in the previous year[36]. - The company’s total investment during the reporting period was ¥299,175,200.00, reflecting a 4.48% increase from ¥286,345,400.00 in the previous year[44]. Environmental Compliance - The company holds valid pollution discharge permits, with expiration dates extending to December 2028 for its main operations[67]. - The total emission concentration for non-methane total hydrocarbons is 2.44 mg/m³, compliant with the VOC emission control standard[68]. - The company has established two wastewater treatment stations, ensuring that all production and domestic wastewater meets standards before being discharged into the urban sewage treatment plant[70]. Social Responsibility - The company reported a commitment of 256,000 yuan for purchasing various specialty agricultural products to support rural revitalization efforts[79]. - The company has organized blood donation activities with 86 employees participating, resulting in a total donation of 24,400 milliliters[79]. - The company has actively engaged in social responsibility initiatives, including support for local communities and employees[79]. Shareholder and Equity Information - The company has not distributed cash dividends or bonus shares for the half-year period, nor has it implemented any employee incentive plans[66]. - The total number of common shareholders at the end of the reporting period is 87,805[106]. - The company issued 110,512,129 shares of RMB ordinary shares in 2023, with 71,621,630 shares subject to a 6-month lock-up period, set to be released on January 8, 2024[102]. Financial Reporting and Compliance - The semi-annual financial report has not been audited[114]. - The company has no significant doubts regarding its ability to continue as a going concern for the next 12 months[144]. - The financial report reflects the company's consolidated financial status, operating results, and cash flows accurately[146].