秦川机床工具集团股份公司 2024 年第二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 秦川机床工具集团股份公司 2024 年第二次临时股东大会见证 法律意见书 2024年第二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、张丽施律师（以下简称 "本所律师"）出席了公司 2024 年第二次临时股东大会(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 年第二次临时股东大会的通知、公司 2024 年第二次 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 ...

证券代码：000837 证券简称：秦川机床 公告编号：2024-20 秦川机床工具集团股份公司 2024 年第二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 4 月 2 日（星期二）14:30 2、网络投票时间：2024 年 4 月 2 日 （五）现场会议主持人：本次股东大会由董事长马旭耀先生主持。 （六）会议的召集、召开与表决程序符合《公司法》《上市公司股东大会规 则》《深圳证券交易所股票上市规则》及《公司章程》等法律、法规及规范性文 件的规定。 （七）会议的出席情况 1 股东出席的总体情况： 通过现场和网络投票的股东 24 人，代表股份 480,538,350 股，占上市公司总 股份的 47.5836％。 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 4 月 2 日上午 9:15－9:25，9:30-11:30 和 13:00－15 ...

Investment Rating - The report maintains a "Hold" rating for the company [6][38]. Core Views - The company is a leading domestic gear machine tool manufacturer, contributing to the localization of high-end five-axis machine tools. It is expected to achieve a compound annual growth rate (CAGR) of 17% in revenue over the next three years [6][35]. - The company's 2023 annual report shows a decline in revenue and net profit, with a revenue of 3.761 billion yuan, down 8.29% year-on-year, and a net profit of 52.26 million yuan, down 81% year-on-year [7][29]. - The machine tool segment experienced a revenue decline of 17.83% to 1.781 billion yuan, while the parts segment grew by 7.28% to 1.392 billion yuan, with significant growth in main engine exports, which increased by 77% [17][34]. Summary by Sections Financial Performance - In 2023, the company achieved operating revenue of 3.761 billion yuan, a decrease of 8.29% year-on-year, and a net profit attributable to shareholders of 52.26 million yuan, down 81% year-on-year [7][29]. - The gross profit margin for 2023 was 17.7%, a decrease of 1.12 percentage points year-on-year, with machine tool gross margin at 16.72% and parts gross margin at 13.06% [8]. Revenue Forecast - The company forecasts net profits of 132 million yuan, 196 million yuan, and 277 million yuan for 2024, 2025, and 2026, respectively, with a revenue CAGR of 17% [6][11]. - The revenue from the machine tool segment is expected to grow at rates of 25.92%, 21.41%, and 18.34% from 2024 to 2026, while the parts segment is projected to grow at rates of 16.39%, 13.96%, and 13.48% [35][30]. Market Position - The company holds over 60% market share in the gear grinding machine segment and is accelerating the production of high-end machine tools [35]. - The overall machine tool industry in China saw a revenue decline of 7.2% in 2023, reflecting weak downstream demand [17].

Investment Rating - The investment rating for the company is "Buy" (maintained) [1] Core Views - The company reported a significant decline in profit for 2023, with revenue of 3.761 billion RMB, down 8.29% year-on-year, and a net profit attributable to shareholders of 52 million RMB, down 81% year-on-year [3][10] - The machine tool business faced challenges due to industry conditions, with revenue of 1.781 billion RMB, down 17.83% year-on-year, and a gross margin of 16.72%, down 1.83 percentage points [10] - The components business showed slight growth, achieving revenue of 1.392 billion RMB, up 7.28% year-on-year, with a gross margin of 13.06%, down 0.24 percentage points [10] - The company is expected to benefit from a recovery in the machine tool industry, with projected net profits of 151 million RMB, 279 million RMB, and 432 million RMB for 2024 to 2026, respectively [10] Summary by Sections Financial Performance - In 2023, the company achieved revenue of 3.761 billion RMB, a decrease of 8.29% from 2022, and a net profit of 52 million RMB, a decrease of 81% [10][12] - The gross margin for 2023 was 17.77%, down 1.12 percentage points year-on-year, with a net profit margin of 1.78%, down 6.17 percentage points [10] Business Segments - Machine Tool Business: Revenue of 1.781 billion RMB, down 17.83% year-on-year, with a gross margin of 16.72% [10] - Components Business: Revenue of 1.392 billion RMB, up 7.28% year-on-year, with a gross margin of 13.06% [10] Future Outlook - The company is projected to achieve net profits of 151 million RMB in 2024, 279 million RMB in 2025, and 432 million RMB in 2026, with corresponding P/E ratios of 64X, 34X, and 22X [10][12]

Business Strategy and Development - The company focuses on enhancing the precision, consistency, and stability of mid-to-high-end CNC machine tools, aiming to improve the self-manufacturing rate of key components [15]. - The company plans to accelerate the construction of the "new energy passenger vehicle components project" to expand production capacity in the new energy vehicle transmission components sector [15]. - The company is focusing on the development of industrial robot joint reducers and harmonic reducers, targeting markets such as the automotive and automation industries [15]. - The company aims to significantly increase the market share of its main products as part of its strategy to create a world-class leading enterprise [23]. - The company is leveraging its advantages in gear transmission R&D and manufacturing to pursue high-end domestic substitution strategies [15]. - The company is focusing on the development of smart manufacturing and core CNC technologies, with a strategic emphasis on automation and digital solutions for clients [17]. - The company aims to enhance its product structure and focus on high-end manufacturing and core components as part of its "14th Five-Year Plan" strategy [75]. - The company is positioned as a key supplier in the high-end equipment manufacturing sector, aiming for integrated development and international recognition [75]. - The company has established a strategic collaboration with its major shareholder, Fa Shi Te Group, enhancing resource sharing and industry chain coordination [96]. Financial Performance - The company's operating revenue for 2023 was ¥3,761,103,127.25, a decrease of 8.29% compared to ¥4,101,091,393.03 in 2022 [37]. - The net profit attributable to shareholders for 2023 was ¥52,258,309.40, reflecting a significant decline of 81.00% from ¥275,001,163.23 in the previous year [37]. - The net profit after deducting non-recurring gains and losses was -¥34,666,235.35, marking a decrease of 155.56% compared to ¥62,378,642.68 in 2022 [37]. - The net cash flow from operating activities increased by 45.29% to ¥143,943,818.54 from ¥99,076,170.15 in 2022 [37]. - Total assets at the end of 2023 reached ¥9,860,349,892.53, representing a growth of 15.71% from ¥8,520,873,430.09 in 2022 [37]. - The net assets attributable to shareholders increased by 36.04% to ¥4,764,771,133.99 from ¥3,502,391,920.67 in the previous year [37]. - The basic earnings per share for 2023 was ¥0.0553, down 81.92% from ¥0.3058 in 2022 [37]. - The diluted earnings per share also stood at ¥0.0553, reflecting the same percentage decrease as basic earnings [37]. - The weighted average return on equity decreased to 1.29% from 8.17% in 2022, a decline of 6.88% [37]. - The company plans not to distribute cash dividends or issue bonus shares for the year [52]. Research and Development - In 2023, Qin Chuan Machine Tool's R&D investment reached 199 million yuan, accounting for 5.30% of operating revenue [109]. - The company reported a total of 41 patent applications and 48 authorized patents during the year, indicating a strong focus on innovation [109]. - The company has participated in over 40 provincial and national research projects in 2023, enhancing its innovation capabilities [130]. - The company focused on technological innovation, successfully overcoming 25 critical technology challenges during the reporting period [154]. - R&D personnel accounted for 12.58% of the total workforce, an increase from 11.08% [186]. Market Trends and Opportunities - The sales of new energy vehicles in China reached 9.44 million units in 2023, accounting for over 60% of global sales, providing growth opportunities for the machine tool industry [93]. - The machine tool industry is experiencing a shift from low-end to mid-high end products, driven by the demand for new technologies and equipment [112]. - The government has emphasized the importance of the machine tool industry, launching several supportive policies to promote growth and innovation [74]. Operational Efficiency and Cost Management - The company is committed to reducing costs and controlling expenses, with specific tasks assigned to each business unit to ensure effective implementation [20]. - The company is enhancing its risk management by closely monitoring accounts receivable and inventory dynamics to strengthen risk warnings [20]. - The company is committed to innovation and improving work efficiency through continuous improvement initiatives across all levels [20]. - The company has optimized its organizational structure and revised 26 management systems to ensure operational compliance and stability [127]. - Management expenses rose slightly by 0.71% to ¥301,507,620.08, indicating stable operational management costs [168]. Investment and Capital Management - The company aims to complete 11 fixed asset investment projects and 2 equity investment projects in 2024, emphasizing strict assessment to ensure investment effectiveness [18]. - The company completed a non-public offering, raising a total of 1.23 billion yuan to optimize its shareholder and asset-liability structure [106]. - The total investment amount for the reporting period was ¥754,270,800.00, a 60.15% increase compared to the previous year [174]. - The total committed investment amount for projects is CNY 200,027.21 million, with CNY 74,332.42 million invested during the reporting period [197]. - The investment progress for high-end intelligent gear equipment project is 70.24%, with a total investment of CNY 30,220 million and CNY 21,226.53 million accumulated [197]. Product Development and Innovation - The company has developed over 400 key products in 2023, including breakthroughs in high-precision gear grinding with shape deviation less than 1μm [130]. - The precision reducer business has transitioned from technology incubation to industrialization, with the N series reducers achieving small batch sales [130]. - The company’s five-axis machining centers have entered mainstream industries, reflecting its competitive edge in high-end manufacturing [102]. - The company’s high-precision harmonic gear tools have achieved a tooth profile error of less than 2μm, enabling mass production [130]. - The company is developing a new generation of worm gear grinding machines aimed at the new energy vehicle sector, achieving domestic leading and international advanced levels in processing accuracy and efficiency [183].

秦 川 机 床 工 具 集 团 股 份 公 司 您可使用手机"扫一扫"或进入"注册会计师行业统一监管平台（http://acc.mof.gov.cn）"进行查验 审计报告. 天职业字[2024]18598 号. 秦川机床工具集团股份公司全体股东: 一、审计意见 审计报告。 天 职 业 字 [2024] 18598 号 目 审 计 报 告 2023 年度财务报表 2023, 年度财务报表附注 | 关键审计事项 | 该事项在审计中是如何应对的 | | --- | --- | | 收入确认 | | | 秦川机床 2023 年度实现营业收入 | 相关的审计程序包括但不限于: | | 37.61 亿元,同比减少 3.40 亿元,由于营 | (1)了解并测试了与收入确认相关的内部控 | | 业收入为利润表重要组成项目,也是关键 | 制;. | | 业绩指标之一,其收入确认是否在恰当的 | (2)选取样本检查销售合同,识别与商品控 | | 财务报表期间入账可能存在潜在错报,为 | 制权转移相关的合同条款和条件,评价收入确 | | 此我们将收入的确认确定为关键审计事 | 认会计政策是否符合企业会计准则要求; | | 项。 | ...

秦川机床工具集团股份公司 董事会审计委员会工作细则 (本次修订已经公司 2024 年 3 月 28 日召开的 第八届董事会第三十九次会议审议通过) 二〇二四年三月 | | | | 第一章 | 总 则 1 | | --- | --- | | 第二章 | 委员会组成 1 | | 第三章 | 职责权限 2 | | 第四章 | 决策程序 4 | | 第五章 | 议事规则 5 | | 第六章 | 附 则 6 | 第一章 总 则 第一条 为强化董事会决策功能，做到事前审计、专业审计， 确保董事会对经理层的有效监督，完善公司治理结构，促进公司 规范运作，根据《中华人民共和国公司法》、中国证监会《上市 公司治理准则》《上市公司独立董事管理办法》、深圳证券交易 所《股票上市规则》《上市公司自律监管指引第 1 号—主板上市 公司规范运作》、陕西省国资委《省属企业董事会专门委员会议 事规则指引》、《公司章程》及其他有关规定，公司董事会设立 审计委员会，并制定本细则。 第二条 审计委员会是董事会下设的专门工作机构，对董事 会负责，为董事会决策提供咨询和建议，依照《公司章程》和董 事会授权履行职责，委员会的提案提交董事会审议决定。 第 ...

本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 误导性陈述或者重大遗漏。 特别提示：本次会计政策变更系秦川机床工具集团股份公司（以下简称"公 司"）根据中华人民共和国财政部（以下简称"财政部"）颁布的《关于印发<企业 会计准则解释第 17 号>的通知》（财会〔2023〕21 号）（以下简称《解释第 17 号》） 的规定和要求而进行的变更，不属于公司自主变更会计政策的情形，不会对公司 财务状况、经营成果和现金流量产生重大影响，不存在损害公司及全体股东利益 的情形。本次会计政策变更已经公司于 2024 年 3 月 28 日召开的第八届董事会第 三十九次会议及第八届监事会第二十三次会议审议通过，无需提交股东大会审议， 具体情况如下： 一、本次会计政策变更概述 证券代码：000837 证券简称：秦川机床 公告编号：2024-13 秦川机床工具集团股份公司 关于会计政策变更的公告 （一）变更原因 2023 年 10 月 25 日，财政部发布了《解释第 17 号》（财会〔2023〕21 号） 的通知，本解释规定了关于流动负债与非流动负债的划分的列示与披露。 （二）变更日期 公司按照财政部要求，自 2 ...

秦川机床工具集团股份公司 2023 年度独立董事述职报告 李 兵 各位股东及股东代表： 1、出席会议情况 2023 年度，公司共召开董事会 17 次，股东大会 4 次。本人严格依照有关规 定出席会议，并对公司董事会各项议案投了同意票，无提出异议的事项，也无反 对、弃权的情形。公司对本人的工作给予了大力支持，没有妨碍独立董事做出独 立判断的情况发生。 2、参与董事会专门委员会情况 本人作为秦川机床工具集团股份公司（以下简称"公司"）的独立董事，严格 按照《公司法》《证券法》《上市公司独立董事管理办法》《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》等法律法规，以及《公司章 程》和公司《独立董事管理办法》等制度的规定，诚实守信、勤勉尽责地履行独 立董事职责，本着独立、客观和公正的原则，积极出席公司 2023 年度召开的相 关会议，对公司董事会审议的相关事项发表公正、客观的独立意见，忠实履职， 充分发挥独立董事的独立作用，切实维护了公司的利益及全体股东特别是中小股 东的合法权益。现将 2023 年度履职情况述职如下： 一、基本情况 本人李兵，汉族，1965 年 10 月出生，中共党员，西安交 ...

证券代码：000837 证券简称：秦川机床 公告编号：2024-14 秦川机床工具集团股份公司 关于 2023 年度计提减值准备的公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 误导性陈述或者重大遗漏。 秦川机床工具集团股份公司（以下简称"公司"）于 2024 年 3 月 28 日召开 第八届董事会第三十九次会议和第八届监事会第二十三次会议，审议通过了《关 于 2023 年度计提减值准备的议案》，现将有关情况公告如下。 一、计提资产减值准备情况概述 为了保证公司资产的安全性和完整性,提高资产的利用效率,及时掌握公司 资产存量的变动情况,公司以 2023 年 12 月 31 日为基准日对各类财产物资进行了 清查和盘点。在清查、盘点的基础上，按照《企业会计准则》和公司相关会计政 策，基于谨慎性原则对各类金融资产的预期信用损失、存货的可变现净值、在建 工程的可收回金额进行了充分的分析和评估，对可能发生减值损失的资产计提了 减值准备。 对于因销售商品、提供劳务等日常经营活动形成的应收票据、应收账款、租 赁应收款等（以下统称"应收账款"），无论是否存在重大融资成分，本公司均按 照相当于整个存 ...