Financial Performance - The company's revenue for Q3 2024 was ¥954,610,025.78, a decrease of 5.68% compared to the same period last year[1] - Net profit attributable to shareholders for Q3 2024 was ¥122,750,798.95, down 11.77% year-on-year[1] - The net profit after deducting non-recurring gains and losses was ¥121,693,257.45, reflecting a decline of 11.28% compared to the previous year[1] - Total operating revenue for Q3 2024 was CNY 2,487,491,997.56, a decrease of 9.4% from CNY 2,746,056,398.11 in the same period last year[11] - Net profit for Q3 2024 was CNY 340,291,525.56, a decline of 12.0% compared to CNY 386,613,925.39 in Q3 2023[12] - The total comprehensive income for Q3 2024 was CNY 340,291,525.56, compared to CNY 386,613,925.39 in Q3 2023, indicating a decline of 12.0%[13] Assets and Liabilities - The total assets as of September 30, 2024, amounted to ¥5,524,604,876.68, representing a 2.12% increase from the end of the previous year[1] - The total liabilities decreased to CNY 1,049,575,135.70 from CNY 1,124,362,431.64, reflecting a reduction of 6.6%[12] - The total equity attributable to shareholders increased to ¥4,477,340,740.86, a rise of 4.46% from the end of the previous year[1] - The total equity attributable to shareholders of the parent company increased to CNY 4,477,340,740.86, up from CNY 4,286,240,021.86, representing an increase of 4.5%[12] Cash Flow - The company's cash flow from operating activities for the year-to-date was ¥432,661,509.84, an increase of 118.99% year-on-year[1] - Operating cash inflow for the current period was CNY 1,994,210,732.70, a decrease of 11.03% from CNY 2,241,465,172.35 in the previous period[14] - Net cash flow from operating activities increased to CNY 432,661,509.84, compared to CNY 197,571,284.49 in the previous period, reflecting a significant improvement[14] - Cash inflow from investment activities totaled CNY 766,064,443.69, up from CNY 403,664,143.84 in the previous period, indicating a strong performance in investment returns[14] - Cash received from other financing activities amounted to CNY 35,500,000.00, contributing to the overall financing cash inflow[15] Shareholder Information - The total number of common shareholders at the end of the reporting period is 19,545, with the top 10 shareholders holding a combined 47.41% of shares[5] - The top shareholder, Cao Dalong, holds 113,230,000 shares, representing 47.41% of the total shares[5] - The company's total share capital increased from 183,733,334 shares to 238,853,334 shares due to a capital reserve distribution of 3 shares for every 10 shares held[7] Research and Development - Research and development expenses for the year-to-date were ¥70,013,693.10, a decrease of 36.99% compared to the same period last year[4] - Research and development expenses were CNY 70,013,693.10, a significant decrease of 37.0% from CNY 111,113,134.77 in the same quarter last year[12] Other Financial Metrics - The company's basic earnings per share for Q3 2024 were ¥0.51, down 32.89% compared to the same period last year[1] - Basic earnings per share for Q3 2024 were CNY 1.43, down from CNY 2.20 in the previous year[13] - The company reported an increase in investment income to ¥5,234,616.92, up 88.73% year-on-year[4] - The company achieved an investment income of CNY 5,234,616.92, an increase from CNY 2,773,558.84 in the previous year[12] - The company experienced a significant decrease in other receivables, down 77.35% to ¥2,913,334.21, primarily due to a reduction in deposits[4]

关于公司监事股份减持计划的预披露公告 公司监事赵国文先生保证向本公司提供的信息内容真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 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：持有本公司股份 135,200 股（占本公司总股本比例 0.0566%）的监事 赵国文先生计划自本公告披露之日起 15 个交易日后的 3 个月内以集中竞价交易方式 减持本公司股份不超过 33,800 股（占本公司总股本比例 0.0142%）。 滁州多利汽车科技股份有限公司（简称"公司"）近日收到监事赵国文先生的 《股份减持计划告知函》，现将有关情况公告如下： 证券代码：001311 证券简称：多利科技 公告编号：2024-045 滁州多利汽车科技股份有限公司 6、减持价格：根据减持时的市场价格确定； 7、赵国文先生不存在《深圳证券交易所上市公司自律监管指引第 18 号——股 东及董事、监事、高级管理人员减持股份》第九条规定的情形； 一、本次拟减持股东的基本情况 1、股东名称：赵国文 2、股东持股情况：截至本公告披露日，赵国文先生持有公司股份 135,200 股， 占 ...

证券代码：001311 证券简称：多利科技 公告编号：2024-043 滁州多利汽车科技股份有限公司 表决结果：同意 9 票，反对 0 票，弃权 0 票。 详见刊登于 2024 年 9 月 25 日的《中国证券报》《证券时报》《上海证券报》 《 证 券 日 报 》《 经 济 参 考 报 》 及 深 圳 证 券 交 易 所 网 站 和 巨 潮 资 讯 网 （http://www.cninfo.com.cn/）上的《关于公司签署项目投资协议暨对外投资的 公告》（公告编号：2024-044）。 第二届董事会第十七次会议决议公告 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 滁州多利汽车科技股份有限公司（简称"公司"）第二届董事会第十七次会议 通知于 2024 年 9 月 19 日以书面方式发出，会议于 2024 年 9 月 24 日在公司办公 地点召开。本次会议应出席董事 9 人，亲自出席董事 9 人。会议由董事长邓丽琴 女士主持，公司监事、高级管理人员和保荐机构代表列席会议。会议的召集和召 开符合《公司法》《公司章程》等有关规定。 二、董 ...

证券代码：001311 证券简称：多利科技 公告编号：2024-044 滁州多利汽车科技股份有限公司 关于公司签署项目投资协议暨对外投资的公告 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、对外投资概述 1、基本情况 为促进公司业务发展，滁州多利汽车科技股份有限公司（简称"公司"）拟与 金华经济技术开发区管理委员会签署《年产 20 万套汽车车身一体化结构件项目投资 协议》，公司计划在金华市经济技术开发区（简称"金华开发区"）投资建设汽车 车身一体化结构件项目，建设压铸生产线。项目计划总投资 100,000 万元，分两期 实施，其中一期项目计划总投资 60,000 万元；二期项目计划总投资 40,000 万元， 二期项目将视一期项目进展情况推进实施。 2、审议程序 名称：金华经济技术开发区管理委员会 主体类型：地方政府机构 与公司关联关系：该主体与公司及公司控股股东、实际控制人、持股 5%以上股 东、董事、监事、高级管理人员不存在关联关系。 2、金华经济技术开发区管理委员会信用状况良好，具有良好的资信及履约能力， 不属于失信被执行人。 三、协议主要内容 1 ...

载、误导性陈述或重大遗漏。 滁州多利汽车科技股份有限公司（简称"公司"）近日接到控股股东、实际控 制人曹达龙先生通知，获悉其所持有本公司的部分股份解除质押，具体事项如下： 证券代码：001311 证券简称：多利科技 公告编号：2024-042 一、解除质押基本情况 滁州多利汽车科技股份有限公司 关于控股股东部分股份解除质押的公告 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 特此公告！ | 股东名称 | 是否为控股股东 | 本次解除质 | 占其所 | 占公司 | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | 或第一大股东及 | 押股份数量 | 持股份 | 总股本 | 起始日 | | 解除日期 | | 质权人 | | | 其一致行动人 | （股） | 比例 | 比例 | | | | | | | 曹达龙 | 是 | 2,600,000 | 2.30% | 1.09% | 2023 月 20 | 年 7 日 | 2024 9 月 4 | 年 日 | 中信银行股份 有限公司滁州 | | | ...

[Table_Industry] [Table_Title] 评级：买入（维持） 市场价格：20.17 元 [Table_Finance 公司盈利预测及估值 1] 指标 2022A 2023A 2024E 2025E 2026E 营业收入（百万元） 3,355 3,913 3,959 4,628 5,218 增长率 yoy% 21% 17% 1% 17% 13% 净利润（百万元） 446 497 509 614 712 增长率 yoy% 16% 11% 2% 21% 16% 每股收益（元） 1.87 2.08 2.13 2.57 2.98 每股现金流量 1.19 2.14 2.93 2.70 3.29 净资产收益率 24% 12% 11% 12% 12% P/E 10.8 9.7 9.5 7.8 6.8 P/B 2.6 1.1 1.0 0.9 0.8 备注：数据截至 2024/08/26 [Table_Profit] 基本状况 总股本(百万股) 239 流通股本(百万股) 61 市价(元) 20.17 市值(百万元) 4,818 流通市值(百万元) 1,223 多利科技(001311.SZ)/汽车 证券研究报 ...

Investment Rating - The report maintains a "Buy" rating for the company with a target price of 31.80 CNY over the next six months [1][7]. Core Views - The company's performance is currently under pressure due to lower-than-expected sales from downstream customers, impacting revenue and net profit [1]. - The company is actively enhancing its production capacity, particularly in integrated die-casting, which is expected to contribute significantly to future revenue growth [1]. - The company has received orders from a leading domestic electric vehicle manufacturer, indicating strong future sales potential [1]. Summary by Sections Financial Performance - For the first half of 2024, the company reported revenue of 1.53 billion CNY, a year-on-year decrease of 11.6%, and a net profit of 220 million CNY, also down 11.6% year-on-year [1]. - In Q2 2024, revenue was 750 million CNY, down 17.1% year-on-year and 3.6% quarter-on-quarter, with a net profit of 100 million CNY, down 26.3% year-on-year and 9.4% quarter-on-quarter [1]. - The gross margin for H1 2024 was 22.5%, a decrease of 2.2 percentage points year-on-year, while the net margin was 14.2%, down 0.1 percentage points year-on-year [1]. Production Capacity and Strategy - The company is expanding its integrated die-casting capacity with four production lines in Jiangsu and Anhui, which have transitioned from construction to fixed assets as of June 30, 2024 [1]. - A new production line is under construction in Changzhou, Jiangsu, expected to start mass production in 2025 [1]. - The company has secured a project with a major domestic electric vehicle manufacturer, with expected sales of 2.1 to 2.3 billion CNY over the project's lifecycle [1]. Future Outlook - The company anticipates improved order scheduling for the second half of 2024, driven by new model launches from key customers [1]. - Earnings per share (EPS) forecasts for 2024-2026 are 2.12, 2.46, and 2.81 CNY, respectively, with a projected compound annual growth rate (CAGR) of 10.53% for net profit [1][6]. - The report estimates revenue growth of 6.8%, 20.1%, and 24.5% for 2024, 2025, and 2026, respectively [6].

Investment Rating - The report maintains a "Buy" rating for the company with a target price of 31.80 CNY over the next six months [1][7]. Core Views - The company's performance is currently under pressure due to lower-than-expected sales from downstream customers, impacting revenue and net profit [1]. - The company is actively enhancing its production capacity, particularly in integrated die-casting, which is expected to contribute significantly to future revenue growth [1]. - The report anticipates a compound annual growth rate (CAGR) of 10.53% for net profit over the next three years [1]. Summary by Sections Financial Performance - For the first half of 2024, the company reported revenue of 1.53 billion CNY, a year-on-year decrease of 11.6%, and a net profit of 220 million CNY, also down 11.6% [1]. - In Q2 2024, revenue was 750 million CNY, down 17.1% year-on-year and 3.6% quarter-on-quarter, with a net profit of 100 million CNY, down 26.3% year-on-year and 9.4% quarter-on-quarter [1]. - The gross margin for H1 2024 was 22.5%, a decline of 2.2 percentage points year-on-year, while the net margin was 14.2%, a slight decrease of 0.1 percentage points year-on-year [1]. Production Capacity and Strategy - The company is expanding its integrated die-casting capabilities, with four production lines in Jiangsu and Anhui now classified as fixed assets as of June 30, 2024 [1]. - A new production line is under construction in Changzhou, Jiangsu, expected to start mass production in 2025, with a projected sales value of 2.1 to 2.3 billion CNY over its lifecycle [1]. - The company is also investing 900 million CNY in a smart manufacturing base in Shanghai to enhance customer engagement and product demand [1]. Earnings Forecast - The report projects earnings per share (EPS) for 2024, 2025, and 2026 to be 2.12 CNY, 2.46 CNY, and 2.81 CNY, respectively, with corresponding price-to-earnings (PE) ratios of 9, 8, and 7 [1][6]. - Revenue is expected to grow to 4.18 billion CNY in 2025 and 6.25 billion CNY in 2026, reflecting year-on-year growth rates of 20.05% and 24.53%, respectively [6][11].

证 券 研 究 报 告 多利科技（001311）2024 年中报点评 推荐（维持） 业绩受大客户影响，下半年望迎恢复 目标价：31.6 元 当前价：21.14 元 事项： 公司发布 2024 年中报，上半年营收 15.3 亿元、同比-12%，归母净利 2.19 亿 元、同比-12%。 评论： 大客户拖累下营收、业绩表现均有所下滑。公司 2Q24 实现营收 7.5 亿元、同 比-17%、环比-4%，对应大客户 T 中国产量 19.1 万辆、同环比-22%/-14%，理 想批发 10.9 万辆、同环比+25%/+35%，蔚来批发同环比+87%/+90%、零跑同 环比+55%/+59%，自主新势力增量部分对冲 T 的减量，部分客户新车上半年 仍处于上量阶段，下半年有望带来更大增量。其中上半年外销 0.74 亿元、同 比-52%，估计与海外客户拿货节奏有关。 1H24 公司冲压和一体化压铸业务营收 13.9 亿、同比-13%，毛利率 17.6%、同 比-3.6PP；冲压模具业务营收 0.48 亿、同比-7%，毛利率 14.8%、同比+5.1PP。 业绩与营收同降，符合预期。公司 2Q24 实现归母净利 1.04 亿元 ...

证券代码：001311 证券简称：多利科技 滁州多利汽车科技股份有限公司 投资者关系活动记录表 | --- | --- | --- | |------------------------|----------------------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------| | | | 编号：2024-004 | | | 特定对象调研 | 分析师会议 | | 投资者关系活动类别 | □媒体采访 □□新闻发布会 □现场参观 | 业绩说明会路演活动 | | | 其他（电话会议） | | | | | 民生证券、天风证券、海通证券、西部证券、华金证券、首创证券、长 | | | | 江证券、德邦证券、华鑫证券、东兴证券、华泰证券、博时基金、贝莱 | | 参与单 ...