证券代码：000837 证券简称：秦川机床 公告编号：2024-65 2024 年 12 月 2 日公司召开第九届董事会第六次会议，以 9 票同意、0 票反 对、0 票弃权审议通过了《关于全资子公司汉江工具有限责任公司投资建设"高 精微复杂刀具技术改造及产业化项目"的议案》，本次投资在董事会审议权限内， 无需提交公司股东大会审议。 本投资事项不构成关联交易，亦不构成《上市公司重大资产重组管理办法》 规定的重大资产重组。 二、投资项目基本情况 （一）项目名称：高精微复杂刀具技术改造及产业化项目 （二）项目实施主体情况 秦川机床工具集团股份公司 关于全资子公司投资建设"高精微复杂刀具 技术改造及产业化项目"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。 一、投资概述 为全面提升"汉工"品牌影响力和高精微复杂刀具市场占有率，大力推动企 业转型升级和高质量发展，秦川机床工具集团股份公司（以下简称"公司"）全 资子公司汉江工具有限责任公司（以下简称"汉江工具"）计划实施"高精微复 杂刀具技术改造及产业化项目"，项目总投资 5,130 万元，项目建设周期为 2 年 ...

证券代码：000837 证券简称：秦川机床 公告编号：2024-64 秦川机床工具集团股份公司 第九届董事会第六次会议决议公告 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。 一、董事会会议召开情况 秦川机床工具集团股份公司（以下简称"公司"）第九届董事会第六次会议于 2024 年 11 月 27 日以书面方式（直接或电子邮件）发出会议通知，2024 年 12 月 2 日以通讯表决方式召开。会议应参加董事 9 人，实际参加董事 9 人。本次会议 的召开符合有关法律、行政法规、部门规章、规范性文件和《公司章程》的有关 规定。 二、董事会会议审议情况 1、审议通过《关于全资子公司汉江工具有限责任公司投资建设"高精微复 杂刀具技术改造及产业化项目"的议案》； 为全面提升"汉工"品牌影响力和高精微复杂刀具市场占有率，大力推动企 业转型升级和高质量发展，公司全资子公司汉江工具拟投资 5,130 万元实施"高 精微复杂刀具技术改造及产业化项目"，建设周期 2 年。 表决结果：同意 9 票，反对 0 票，弃权 0 票。 公司财务总监张秋玲女士因个人身体原因，暂时无法正常履职 ...

证券代码：000837 证券简称：秦川机床 公告编号：2024-63 秦川机床工具集团股份公司 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。具体内容详见公司分别于 2024 年 3 月 16 日、2024 年 4 月 16 日在巨潮 资讯网（www.cninfo.com.cn）上披露的《关于回购公司股份方案的公告》（公告 编号：2024-06）和《回购报告书》（公告编号：2024-21）。 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 ...

[Table_StockNameRptType] 秦川机床（000837） 公司点评 24 三季报点评：Q3 净利同比转正，推股权激励计划持续释放活力 | --- | --- | --- | |--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|----------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

Investment Rating - The report maintains a "Buy" rating for the company [1] Core Views - The company's Q3 2024 net profit attributable to the parent company turned positive year-on-year, showing a significant improvement [2] - The company released a restricted stock incentive plan, demonstrating confidence in future growth [4] - Despite a challenging manufacturing environment, the company's revenue maintained positive growth [2] Financial Performance - In Q3 2024, the company achieved revenue of 865 million yuan, a year-on-year increase of 1.26%, and net profit attributable to the parent company of 13 million yuan, a year-on-year increase of 166.47% [2] - For the first three quarters of 2024, the company achieved revenue of 2.886 billion yuan, a year-on-year increase of 2.01%, and net profit attributable to the parent company of 56 million yuan, a year-on-year decrease of 34.31% [2] - The gross profit margin for the first three quarters of 2024 was 16.57%, a year-on-year decrease of 1.49 percentage points [3] - The net profit margin for the first three quarters of 2024 was 2.89%, a year-on-year decrease of 0.59 percentage points [3] Equity Incentive Plan - The company released its first restricted stock incentive plan, granting no more than 19 million shares to executives, R&D, and sales personnel [4] - The plan sets performance targets for 2025-2027, including net profit growth, ROE, EVA, and innovation business revenue growth [4] Profit Forecast and Valuation - The report forecasts the company's net profit attributable to the parent company for 2024-2026 to be 757 million yuan, 1.3715 billion yuan, and 1.798 billion yuan, respectively [1] - The corresponding EPS for 2024-2026 is forecasted to be 0.07 yuan, 0.14 yuan, and 0.18 yuan per share [1] - The current stock price corresponds to a dynamic PE of 119x, 66x, and 50x for 2024-2026 [5] Market Data - The closing price of the stock is 8.94 yuan [6] - The company's market capitalization is 9.02835 billion yuan [6] - The PB ratio is 1.88x [6] Financial Data - The company's total assets are projected to be 9.788 billion yuan, 11.623 billion yuan, and 10.617 billion yuan for 2024-2026 [10] - The company's net profit margin is expected to improve from 1.39% in 2023 to 3.74% in 2026 [10] - The ROE is forecasted to increase from 1.10% in 2023 to 2.82% in 2026 [11]

根据《上市公司股份回购规则》《深圳证券交易所上市公司自律监管指引第 9 号——回购股份》等相关规定，回购期间，公司应在每个月的前三个交易日内 披露截至上月末的回购进展情况。现将公司回购股份的进展情况公告如下： 一、回购股份的进展情况 截至 2024 年 10 月 31 日，公司通过股份回购专用证券账户以集中竞价方式 累计回购公司股份 2,460,202 股，占公司目前总股本的 0.2436%，最高成交价 9.00 元/股，最低成交价 7.23 元/股，成交总金额 21,105,858.12 元（不含交易费用）。 1 证券代码：000837 证券简称：秦川机床 公告编号：2024-62 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 ...

Investment Rating - The report maintains a "Buy" rating for the company, indicating an expected price increase of over 15% in the next 6-12 months [2][8]. Core Views - The machine tool industry is currently experiencing weak demand, leading to pressure on the company's performance. The company's revenue for the first three quarters of 2024 was CNY 2.886 billion, a year-on-year increase of 2.01%, while the net profit attributable to shareholders decreased by 34.31% to CNY 56 million [1][2]. - The company has launched an employee stock incentive plan to enhance the motivation of its core team, aiming for significant net profit growth targets over the next three years [1]. - The company is optimistic about the growth prospects of its components business, particularly in the robotics sector, with plans to expand production capabilities based on market demand [1]. Summary by Sections Financial Performance - For Q3 2024, the company reported revenue of CNY 865 million, a year-on-year increase of 1.26%, but a quarter-on-quarter decrease of 16.89%. The net profit for the same period was CNY 13 million, showing a year-on-year increase of 166.47% but a quarter-on-quarter decrease of 26.55% [1]. - The company’s revenue for 2024 is projected to be CNY 4.093 billion, with a growth rate of 8.82% expected in 2024, followed by 16.07% in 2025 and 17.31% in 2026 [4][5]. Profitability Metrics - The net profit attributable to shareholders is forecasted to be CNY 77 million in 2024, with significant growth expected in subsequent years, reaching CNY 239 million by 2026 [4][5]. - The report indicates a projected P/E ratio of 116X for 2024, decreasing to 38X by 2026, reflecting anticipated improvements in profitability [2][4]. Market Outlook - The machine tool industry is under pressure, with key industry players reporting a 3.5% decline in revenue and a 9.9% drop in total profits from January to August 2024. However, there is potential for recovery supported by fiscal stimulus and equipment upgrade policies [1][2]. - The company is focusing on enhancing its robotics-related products, which are expected to have strong applications across various industrial sectors, including medical devices and automated guided vehicles [1].

证券代码：000837 证券简称：秦川机床 公告编号：2024-60 2、审议通过《关于修订<债权债务管理办法>的议案》； 为了加强对公司债权债务的管理，防范呆账和坏账，减少结算资金占用规模， 节约财务费用，提高资金使用效率，降低经营风险，提高经济效益，实现稳健经 营，结合公司业务需要及相关制度的修订情况，公司对《债权债务管理办法》部 分内容进行修订。 秦川机床工具集团股份公司 第九届董事会第五次会议决议公告 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。 一、董事会会议召开情况 秦川机床工具集团股份公司（以下简称"公司"）第九届董事会第五次会议 于 2024 年 10 月 20 日以书面方式（直接或电子邮件）发出会议通知，2024 年 10 月 30 日以通讯表决方式召开。会议应出席董事 9 人，实际出席董事 9 人。本次 会议的召开符合有关法律、行政法规、部门规章、规范性文件和《公司章程》的 有关规定。 二、董事会会议审议情况 1、审议通过《2024 年第三季度报告》； 表决结果：同意 9 票，反对 0 票，弃权 0 票。 本议案已经审计委员会审议通过。 ...

秦川机床工具集团股份公司 债权债务管理办法 （本次修订已经公司 2024 年 10 月 30 日召开的 第九届董事会第五次会议审议通过） 二〇二四年十月修订 | 第一章 总则 1 | | | --- | --- | | 第二章 债权的管理 1 | | | 第一节 | 归口管理部门 2 | | 第二节 | 赊销管理 3 | | 第三节 | 折扣、折让及返利销售 4 | | 第四节 | 台账管理 4 | | 第五节 | 债权账目的核对 5 | | 第六节 | 发出商品管理 6 | | 第七节 | 债权的清收 6 | | 第八节 | 坏账的确认 9 | | 第九节 | 坏账处置流程及审批权限 11 | | 第三章 债务的管理 | 13 | | 第一节 | 债务管理原则 13 | | 第二节 | 债务的清理 14 | | 第三节 | 无法支付债务的确认 14 | | 第四节 | 债务处置流程及审批权限 15 | 第一章 总 则 第一条 为了加强对公司债权债务的管理,防范呆账和坏 账,减少结算资金占用规模，节约财务费用，提高资金使用效 率，降低经营风险，提高经济效益，实现稳健经营，特制定本 办法。 第二条 本办法债权是 ...

Financial Performance - Revenue for the third quarter reached RMB 864.6 million, a year-on-year increase of 1.26%[3] - Net profit attributable to shareholders of the listed company for the third quarter was RMB 12.99 million, a significant year-on-year increase of 166.47%[3] - Total revenue for the period reached 2,885,868,287.49 yuan, a slight increase from the previous period's 2,829,072,374.76 yuan[16] - Net profit attributable to the parent company increased to 737,530,061.62 yuan from 681,353,640.88 yuan at the beginning of the period[15] - Net profit attributable to parent company shareholders was RMB 56,176,420.74, a decrease of 34.3% compared to the same period last year[17] - Basic earnings per share were RMB 0.0556, a decrease of 39.9% year-over-year[18] - Total comprehensive income attributable to parent company shareholders was RMB 56,076,413.24, a decrease of 36.2% year-over-year[18] - Sales revenue from goods and services was RMB 1,821,598,425.90, an increase of 6.9% year-over-year[19] Cash Flow and Liquidity - Net cash flow from operating activities for the first three quarters was negative RMB 23.19 million, but improved by 50.51% compared to the same period last year[3] - Cash flow from operating activities was negative RMB 23,193,329.18, an improvement of 50.5% compared to the same period last year[19] - Cash flow from investing activities was negative RMB 424,040,962.60, an improvement of 27.3% year-over-year[20] - Cash flow from financing activities was negative RMB 200,254,313.00, a significant decrease compared to the positive RMB 1,204,488,093.00 in the same period last year[20] - Total cash and cash equivalents at the end of the period were RMB 1,364,621,006.73, a decrease of 18.3% compared to the beginning of the period[20] - Cash and cash equivalents decreased by 31.94% to RMB 1.46 billion, primarily due to capital expenditure on fundraising projects[6] - Cash and cash equivalents decreased to 1,455,239,867.87 yuan from 2,138,294,401.69 yuan at the beginning of the period[12] Assets and Liabilities - Total assets at the end of the reporting period were RMB 9.47 billion, a decrease of 3.95% compared to the end of the previous year[3] - Total assets decreased to 9,471,152,516.83 yuan from 9,860,349,892.53 yuan at the beginning of the period[13][15] - Total liabilities decreased to 4,010,762,029.41 yuan from 4,468,045,226.53 yuan at the beginning of the period[14][15] - Accounts receivable increased to 1,012,475,044.38 yuan from 966,487,967.15 yuan at the beginning of the period[12] - Inventory decreased to 1,876,607,717.14 yuan from 1,947,415,815.05 yuan at the beginning of the period[13] - Fixed assets increased to 3,018,996,938.68 yuan from 2,942,728,088.57 yuan at the beginning of the period[13] R&D and Investment - R&D expenditure increased by 54.84% to RMB 92.29 million, reflecting increased investment in research and development[6] - R&D expenses were 139,032,102.68 yuan, a decrease from the previous period's 148,563,831.87 yuan[16] - Investment income increased by 113.47% to RMB 1.23 million, reversing a loss from the same period last year[6] - Investment income was RMB 1,228,825.25, compared to a loss of RMB 9,124,376.23 in the same period last year[17] - The company's equity investment in Shaanxi Fast Group Technology Innovation Co., Ltd. increased by 33.94% to RMB 19.73 million[6] Government Subsidies and Financial Expenses - Government subsidies received during the reporting period amounted to RMB 45.14 million, contributing significantly to non-recurring gains[4] - The company's financial expenses decreased by 135.15% to negative RMB 1.74 million, mainly due to reduced interest payments[6] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 83,236[7] - Shaanxi Fast Auto Drive Group Co., Ltd. holds 35.19% of the shares, totaling 355,389,547 shares[7] - Shaanxi Provincial Industrial Investment Co., Ltd. holds 10.02% of the shares, totaling 101,196,554 shares[7] - The company has repurchased 2,460,202 shares, accounting for 0.2436% of the total shares, with a total transaction amount of RMB 21,105,858.12[10] - The company plans to repurchase shares with a total amount of not less than RMB 20 million and not more than RMB 40 million, at a price not exceeding RMB 13.5 per share[9] Corporate Governance - The company has completed the transition of the 9th Board of Directors and the 9th Supervisory Committee, and appointed a new management team[11] Operating Costs - Operating costs amounted to 2,917,518,286.97 yuan, higher than the previous period's 2,814,277,803.65 yuan[16] Audit Status - The company's third quarter report was unaudited[21]