Summary of Key Points Core Viewpoint - The announcement details the passive increase in the shareholding percentage of the controlling shareholder and its concerted parties due to the company's share repurchase and cancellation, which has led to a change in the ownership structure without altering the number of shares held by these parties [1][2]. Group 1: Share Repurchase and Cancellation - The company completed a share repurchase plan, acquiring a total of 6,640,267 shares, which is 3.92% of the total share capital, with a total transaction amount of approximately RMB 171.28 million [2]. - Following the cancellation of 4,355,267 shares, the total share capital of the company decreased from 172,177,634 shares to 167,822,367 shares [2][3]. Group 2: Changes in Shareholding Structure - The controlling shareholder, Mr. Wu Youhua, and his concerted party, Huazhi Investment, saw their shareholding percentage increase from 50.32% to 51.62% due to the reduction in total share capital, marking a change that touches the 1% integer threshold [2][3]. - The specific shareholding before and after the change indicates that Mr. Wu held 7,663.40 million shares (44.51%) before and 7,663.40 million shares (45.66%) after, while Huazhi Investment maintained its 1,000 million shares, increasing its percentage from 5.81% to 5.96% [3].

Core Viewpoint - The company has completed a share buyback and cancellation process, which is expected to enhance shareholder value and improve earnings per share without significantly impacting its operations or financial status [1][5][6]. Group 1: Share Buyback Plan and Implementation - The company approved a share buyback plan on February 29, 2024, with a total fund allocation between RMB 100 million and RMB 200 million, and a maximum buyback price of RMB 25.00 per share [1]. - The buyback was executed from March 26, 2024, to March 14, 2025, achieving the lower limit of the planned buyback fund without exceeding the upper limit [4]. - The total number of shares repurchased was 6,640,267, with 4,355,267 shares canceled, representing 2.53% of the total share capital before cancellation [1][5]. Group 2: Adjustments to Buyback Terms - On April 29, 2024, the company announced an adjustment to the maximum buyback price from RMB 24.75 to RMB 35.00 per share, effective from December 26, 2024 [2]. - The funding source for the buyback was changed from "own funds" to include "own funds and self-raised funds" to enhance capital efficiency [2]. Group 3: Impact of Share Cancellation - Following the cancellation of shares, the total share capital decreased from 172,177,634 shares to 167,822,367 shares, with a change in the structure of restricted and unrestricted shares [5]. - The cancellation is expected to improve earnings per share and enhance investor confidence without affecting the company's operational capabilities or control [5][6]. Group 4: Future Arrangements - The company will proceed with necessary legal and regulatory changes following the share cancellation, including updating the registered capital and amending the company’s articles of association [6].

证券代码：001288 证券简称：运机集团 公告编号：2025-015 四川省自贡运输机械集团股份有限公司 关于控股股东及其一致行动人持股比例因公司注销回购股份 公司于 2024 年 2 月 29 日召开了第四届董事会第二十四次会议，于 2024 年 3 月 18 日召开了 2024 年第三次临时股东大会，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股份，回购资金 总额为不低于人民币 10,000 万元(含)，且不超过人民币 20,000 万元(含)，回购价 格不超过人民币 25.00 元/股，本次回购股份用于股权激励或员工持股计划及注销 减少注册资本。其中，用于股权激励或员工持股计划的回购金额不超过人民币 5,000 万元(含)，剩余部分的回购金额用于注销减少注册资本。具体内容详见公司 于 2024 年 3 月 1 日及 2024 年 3 月 23 日刊载在《证券时报》《中国证券报》《上 海证券报》《证券日报》及巨潮资讯网(http://www.cninfo.com.cn)上的《关于回购 公司股份方案的公告》（公告编号：2024-017）及《回购报告书》等相关公告。 ...

特别提示： 1、四川省自贡运输机械集团股份有限公司（以下简称"公司"）本次注销回 购股份 4,355,267 股（其中自有资金回购账户注销 3,711,307 股，回购贷款账户注 销 643,960 股），占注销前公司总股本的 2.53%，实际回购注销金额为 112,339,892.16 元（其中自有资金回购账户注销金额为 95,729,567.93 元，回购贷 款账户注销金额为 16,610,324.22 元）。本次回购股份注销完成后，公司总股本由 172,177,634 股减少至 167,822,367 股。 证券代码：001288 证券简称：运机集团 公告编号：2025-017 四川省自贡运输机械集团股份有限公司 关于回购股份注销完成暨股份变动的公告 本公司及董事会全体成员保证信息披露内容的真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 2、经中国证券登记结算有限责任公司深圳分公司确认，公司本次回购股份注 销手续已于 2025 年 4 月 3 日完成。 根据《中华人民共和国公司法》《深圳证券交易所上市公司自律监管指引第 9 号——回购股份》等相关法律法规规定，现就本次回购股份注销完成暨股份变 ...

| 证券代码：001288 | 证券简称：运机集团 | 公告编号：2025-016 | | --- | --- | --- | | 债券代码：127092 | 债券简称：运机转债 | | 四川省自贡运输机械集团股份有限公司 关于回购股份注销完成调整运机转债转股价格的公告 本公司及董事会全体成员保证信息披露内容的真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 特别提示： 一、可转债转股价格调整的相关规定 经中国证券监督管理委员会《关于同意四川省自贡运输机械集团股份有限公 司向不特定对象发行可转换公司债券注册的批复》(证监许可[2023]1998 号)同意 注册，四川省自贡运输机械集团股份有限公司(以下简称"公司")于 2023 年 9 月 21 日向不特定对象发行了 7,300,000 张可转换公司债券，每张面值人民币 100 元， 募集资金总额人民币 730,000,000.00 元，扣除各项发行费用后，实际募集资金净 额 720,397,046.15 元。大华会计师事务所(特殊普通合伙)对上述募集资金到位情 况进行了审验，并于 2023 年 9 月 28 日出具了大华验字[2023]000586 ...

关于 2025 年第一季度可转换公司债券转股情况的公告 本公司及董事会全体成员保证信息披露内容的真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 特别提示： | 股票代码：001288 | | | 股票简称：运机集团 | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 债券代码：127092 | | | 债券简称：运机转债 | | | | | | | 转股价格：人民币 | | 17.40 | 元/股 | | | | | | | 转股时间：2024 | 年 | 3 月 | 27 9 月 | 日至 | 2029 | 年 | 20 | 日 | 根据《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 15 号——可转换公司债券》等相关法律法规及规范性文件的规定，四 川省自贡运输机械集团股份有限公司(以下简称"公司")现将 2025 年第一季度 可转换公司债券(以下简称"可转债")转股及公司股份变动的情况公告如下： 一、可转债基本情况 （一）可转债的发行情况 经中国证券监督管理委员会《关于同意四川省自贡 ...

Investment Rating - The report gives a "Buy" rating for the company, indicating a positive outlook for its stock performance [5][8]. Core Viewpoints - The company is positioned as a leading supplier of material handling systems in China, focusing on energy-efficient and environmentally friendly conveyor machinery. It has shown strong revenue growth and profitability, with significant expansion in both domestic and international markets [2][4][5]. Summary by Sections Company Overview - The company specializes in the research, design, production, and sales of conveyor systems, primarily belt conveyors. Its products serve various industries, including power, steel, coal, transportation, chemicals, metallurgy, petroleum, and construction, with exports to regions such as Southeast Asia, Africa, Australia, and the Americas [2][15]. Financial Analysis - The company reported revenues of 868 million yuan and a net profit of 84 million yuan for the first three quarters of 2024, representing year-on-year growth of 35.22% and 20.56%, respectively. The revenue has grown from 691 million yuan in 2020 to 1.053 billion yuan in 2023, with a compound annual growth rate (CAGR) of 15.1% [24][25]. Product Categories - The main business of the company is conveyor equipment, which accounts for over 90% of its revenue. The revenue from conveyor equipment has increased from 646 million yuan in 2020 to 961 million yuan in 2023, with a CAGR of 14.13% [33][34]. Industry Overview - The conveyor machinery industry in China is experiencing robust growth, with the market size expected to increase from 22.4 billion yuan in 2019 to 28.6 billion yuan in 2023, reflecting a CAGR of 6.30%. The demand from downstream industries such as construction, power, and steel is driving this growth [3][42][44]. Company Highlights - The company is focusing on digital transformation to reduce costs and improve efficiency. It has a strong order backlog of 2.4 billion yuan and is expanding its production capacity to meet increasing demand. Collaborations with technology firms like Huawei are enhancing its capabilities in smart manufacturing [4][5][30]. Investment Recommendations and Profit Forecast - The company is expected to achieve revenues of 1.417 billion yuan, 2.050 billion yuan, and 2.729 billion yuan for the years 2024, 2025, and 2026, respectively, with corresponding net profits of 162 million yuan, 239 million yuan, and 351 million yuan. The report anticipates a stable growth trajectory supported by a strong order book and capacity expansion [5][7].

证券代码：001288 证券简称：运机集团 公告编号：2025-013 四川省自贡运输机械集团股份有限公司 关于回购股份期限届满暨回购实施结果的公告 本公司及董事会全体成员保证信息披露内容的真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 四川省自贡运输机械集团股份有限公司(以下简称"公司")于 2024 年 2 月 29 日召开了第四届董事会第二十四次会议，于 2024 年 3 月 18 日召开了 2024 年 第三次临时股东大会，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股份，回购资金总额为不低于人民币 10,000 万元(含)，且不超过人民币 20,000 万元(含)，回购价格不超过人民币 25.00 元/股，本次回购股份用于股权激励或员工持股计划及注销减少注册资本。其中， 用于股权激励或员工持股计划的回购金额不超过人民币 5,000 万元(含)，剩余部 分的回购金额用于注销减少注册资本。本次回购股份的实施期限为自股东大会审 议通过回购股份方案之日起 12 个月内。具体回购股份的数量以回购期满时实际 回购的股份数量为准。具体内容详见公司于 2024 年 ...

Summary of the Conference Call for 运机集团 Company Overview - **Company**: 运机集团 - **Industry**: Machinery and Equipment Manufacturing Key Points and Arguments Sales and Orders - 运机集团 achieved a record high in sales orders for 2024, with new orders amounting to 3.12 billion yuan, and current orders on hand approximately 3.8 billion yuan, ensuring revenue and profit growth for 2025, with a projected compound annual growth rate (CAGR) of 50% from 2024 to 2026 [2][3][6] Partnership with Huawei - The partnership with Huawei began in July 2024, focusing on joint design, sales empowerment, AI engineer training, and accelerated software development, aiming to extend the supply chain to backend operation services and spare parts supply [2][5] - The collaboration includes the development of a high-end digital intelligent conveying system, which is expected to lower transportation costs and enhance efficiency, generating revenue through usage fees, data fees, and traffic fees, with backend operation gross margins projected at 50%-60% and net sales margins exceeding 30% [2][7] International Market Strategy - 运机集团 is strategically targeting international markets, particularly countries involved in the Belt and Road Initiative, with plans to establish subsidiaries or offices in Africa to capitalize on urbanization opportunities and benefit from the internationalization of the yuan [2][8] Financial Performance - The company reported a significant increase in net profit for 2024 compared to 2023, primarily due to the record high sales orders. Over 60% of the current orders are export contracts, mainly for overseas mining and resource extraction [3][4] - The gross margin for overseas business is significantly higher than domestic, with an export gross margin close to 40% in 2024, benefiting from export tax rebate policies [4][18] Future Growth Prospects - The management is optimistic about achieving revenue and profit targets for 2025, supported by high-margin export contracts and deep collaboration with Huawei, which is expected to enhance competitiveness and expand the supply chain [6][18] - The company is also exploring new product developments, including general-purpose robots and intelligent centers, to improve efficiency and reduce downtime [25] Challenges and Competition - In the domestic market, the company faces challenges such as reduced demand for large infrastructure projects and intense competition from numerous players with low gross margins [16][17] - The company has a competitive edge in international markets due to advanced technology, lower production costs, and efficient delivery times compared to developed countries [15] Impact of Geopolitical Events - The ongoing war has significantly impacted business operations, particularly in Russia, where collaborations have ceased. However, there is potential for recovery and increased demand for equipment post-conflict [31][32] Notable Projects - The company has several notable projects, including the first contract for the digital intelligent conveying system with 西部水利 valued at approximately 208 million yuan, which includes equipment supply and two years of operation services [2][7][20] Employee Incentives - The company is considering employee stock ownership plans to retain core talent, exploring models similar to Huawei's approach [24] Additional Important Information - The company is actively pursuing acquisitions and investments in high-tech fields and robotic processing plants to ensure continuous innovation and market competitiveness [30][32] - The partnership with Huawei is expected to yield multiple projects over the next 25 years, indicating a strong future collaboration [29]

证券代码：001288 证券简称：运机集团 公告编号：2025-012 四川省自贡运输机械集团股份有限公司 关于回购公司股份进展的公告 本公司及董事会全体成员保证信息披露内容的真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 四川省自贡运输机械集团股份有限公司(以下简称"公司")于 2024 年 2 月 29 日召开了第四届董事会第二十四次会议，于 2024 年 3 月 18 日召开了 2024 年 第三次临时股东大会，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股份，回购资金总额为不低于人民币 10,000 万元(含)，且不超过人民币 20,000 万元(含)，回购价格不超过人民币 25.00 元/股，本次回购股份用于股权激励或员工持股计划及注销减少注册资本。其中， 用于股权激励或员工持股计划的回购金额不超过人民币 5,000 万元(含)，剩余部 分的回购金额用于注销减少注册资本。本次回购股份的实施期限为自股东大会审 议通过回购股份方案之日起 12 个月内。具体回购股份的数量以回购期满时实际 回购的股份数量为准。具体内容详见公司于 2024 年 3 月 1 ...