Investment Rating - The investment rating for the company is "Buy" with a target price indicating a potential return of over 20% within the next six months [6][16]. Core Views - The company has reported a revenue of 1.09 billion yuan for Q4 2024, representing a year-on-year increase of 9%, and a net profit attributable to shareholders of 80 million yuan, up 215% year-on-year [1]. - For the full year 2024, the company expects a revenue of 4.67 billion yuan, a growth of 19.6%, and a net profit of 710 million yuan, reflecting a 26.4% increase [1]. - The company is focusing on sustainable development, transformation, and upgrading, while accelerating its global strategy and enhancing its comprehensive service capabilities [1]. - The company has established strong competitive advantages in product diversity, innovation, and market responsiveness, which align with current industry trends and customer demands [2]. Financial Performance Summary - The company’s revenue for 2022 was 3.63 billion yuan, with a growth rate of 8.12%. The projected revenue for 2024 is 4.67 billion yuan, with a growth rate of 19.59% [5]. - The net profit attributable to shareholders for 2022 was 488.89 million yuan, with a growth rate of 8.97%. The projected net profit for 2024 is 705.66 million yuan, reflecting a growth rate of 26.44% [5]. - The earnings per share (EPS) for 2024 is projected to be 0.60 yuan, with further increases expected in subsequent years [4][5]. Strategic Developments - The company plans to purchase the land and buildings of the Shaojia Du Industrial Park from its controlling shareholder, which will enhance its production capabilities [3]. - The company has been increasing capital expenditures to improve its production capacity through expansion and technological upgrades [3].

Investment Rating - The report maintains a "Buy" rating for the company [6]. Core Views - The company achieved a revenue growth of 19.59% and a net profit growth of 26.44% in 2024, aligning with expectations. The revenue reached 4.672 billion yuan, while the net profit was 706 million yuan [1]. - For 2025, the company is expected to focus on product development and innovation, leading to a projected revenue growth of around 15% and stable profit margins [3]. - The establishment of the Vietnam factory is anticipated to meet overseas capacity demands and enhance customer engagement, although initial operations may incur losses [2][3]. Financial Performance Summary - **2024 Financials**: Revenue of 4.671 billion yuan, net profit of 706 million yuan, and a non-recurring net profit of 690 million yuan, reflecting a 29.47% increase [1]. - **2025 Projections**: Expected revenue of 5.384 billion yuan and net profit of 816 million yuan, with a P/E ratio of 18 times [3][5]. - **Growth Rates**: The company forecasts a 15.3% revenue growth in 2025 and a 15.5% increase in net profit [5]. Product Line and Market Strategy - The company anticipates strong sales growth in its main products, including buttons and zippers, while also expanding into new categories like webbing and ropes [2]. - The focus on raw material cost control, product structure optimization, and scale effects is expected to enhance gross margins across product lines in 2024 [2]. Operational Developments - The Vietnam industrial park commenced operations in March 2024, primarily focusing on customer inspections, with limited orders expected initially [2]. - The Bangladesh industrial park is undergoing upgrades, which are expected to improve production efficiency over time [2].

Investment Rating - The report maintains a "Buy" rating for the company, indicating a positive outlook for its stock performance relative to the benchmark index [6]. Core Insights - The company reported a 19.59% year-on-year increase in revenue for 2024, reaching 4.672 billion yuan, and a 26.44% increase in net profit attributable to shareholders, amounting to 706 million yuan, which aligns with expectations [1]. - The fourth quarter of 2024 showed a significant increase in revenue and net profit, with year-on-year growth of 9%, 218.2%, and 167.6% respectively, despite fluctuations in the consumer environment [1][2]. - The company is expected to focus on product development and innovation in 2025, with anticipated revenue growth of around 15% and stable profit margins [3]. Financial Performance Summary - The company’s revenue and net profit projections for 2024-2026 are as follows: - 2024: Revenue of 4.671 billion yuan, net profit of 706 million yuan - 2025: Revenue of 5.384 billion yuan, net profit of 816 million yuan - 2026: Revenue of 6.182 billion yuan, net profit of 948 million yuan - The projected growth rates for revenue and net profit are 15.3% and 15.5% respectively for 2025, with a consistent increase in earnings per share (EPS) from 0.60 yuan in 2024 to 0.70 yuan in 2025 [5][3]. Product Line and Market Outlook - The company anticipates strong growth in its main product lines, including buttons and zippers, while also expanding into new categories such as webbing and ropes [2]. - The establishment of the Vietnam factory is expected to meet overseas capacity demands and enhance customer engagement, although initial operations may incur losses [2]. - The company is also upgrading its facilities in Bangladesh and domestically, which is expected to improve production efficiency over time [2]. Valuation Metrics - The current price-to-earnings (P/E) ratio is projected to be 18 times for 2025, indicating a favorable valuation compared to historical performance [3][5]. - The report highlights a consistent improvement in gross margin across product lines due to effective cost control and product structure optimization [2].

证券代码：002003 证券简称：伟星股份 公告编号：2025-007 浙江伟星实业发展股份有限公司 关于购买控股股东所持邵家渡工业园的土地厂房 暨关联交易的公告 浙江伟星实业发展股份有限公司（以下简称"公司"或"伟星股份"）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、关联交易概述 基于公司战略规划以及业务发展需要，公司拟购买过去几年一直租赁的控股股东伟星集 团有限公司（以下简称"伟星集团"）位于临海市邵家渡街道山下坦村铁路大道南侧厂房， 用于提升公司主业的生产智造保障能力。该宗土地面积为86,788.00平方米，厂房、甲类仓 库等建筑面积合计106,375.32平方米，与公司邵家渡工业园毗邻。 因伟星集团系公司控股股东，本次购买资产构成关联交易。 2025年2月25日，公司第八届董事会第二十一次（临时）会议以3票同意、0票反对、0 票 弃权的表决结果审议通过了《关于拟购买控股股东所持邵家渡工业园的土地厂房暨关联交易 的议案》，因董事蔡礼永先生担任伟星集团董事职务、董事郑阳先生及沈利勇先生担任伟星 集团监事职务、董事章卡鹏先生担任伟星集团董事长兼总裁职务、董 ...

证券代码：002003 证券简称：伟星股份 公告编号：2025-006 浙江伟星实业发展股份有限公司 第八届董事会第二十一次（临时）会议决议公告 浙江伟星实业发展股份有限公司（以下简称"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 公司第八届董事会第二十一次（临时）会议通知于 2025 年 2 月 22 日以专人或电子邮 件送达等方式发出，并于 2025 年 2 月 25 日以通讯表决的方式召开。会议应出席董事九名， 实际出席的董事九名。会议在保证所有董事充分表达意见的前提下，以专人或传真送达等 方式审议表决。本次会议的召集、召开和表决程序符合有关法律法规和《公司章程》的规 定。 二、董事会会议审议情况 2、会议以 9 票同意、0 票反对、0 票弃权的表决结果审议通过了《关于修改<关联交易 1 管理制度>的议案》。 《关联交易管理制度》登载于巨潮资讯网（http://www.cninfo.com.cn）。 本议案需提交公司股东大会审议。 3、会议以 9 票同意、0 票反对、0 票弃权的表决结果审议通过了《关于修改<对外担保 管理制度 ...

Financial Performance - In 2024, the company achieved total operating revenue of ¥4,671,905,458.65, an increase of 19.59% compared to the previous year[4] - Operating profit for 2024 was ¥859,137,929.79, reflecting a growth of 27.69% year-over-year[4] - The total profit amounted to ¥858,943,812.16, which is a 28.93% increase from the previous year[4] - Net profit attributable to shareholders was ¥705,662,239.04, up 26.44% compared to the same period last year[4] - The net profit after deducting non-recurring gains and losses was ¥690,489,396.08, representing a 29.47% increase year-over-year[4] - Basic earnings per share for 2024 were ¥0.60, an increase of 13.21% from the previous year[4] Assets and Equity - As of December 31, 2024, total assets reached ¥6,224,795,651.21, a growth of 3.24% from the beginning of the period[6] - Shareholders' equity attributable to the company was ¥4,355,662,417.88, showing a slight increase of 0.15%[6] Return on Equity - The weighted average return on equity was 16.14%, a decrease of 0.76 percentage points compared to the previous year[4] Strategic Focus - The company continues to focus on sustainable development and global strategic layout to enhance its core competitiveness[5]

东亚前海证券有限责任公司（ 以下简称（ 保荐机构"）作为浙江伟星实业发展 股份有限公司（ 以下简称（ 伟星股份"或（ 公司"、（ 上市公司"）2022 年度向特 定对象发行股票的保荐机构，根据《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 13 号——保 荐业务》《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规定，对公司购买控股股东所持邵家渡工 业园的土地厂房暨关联交易事项进行了审慎尽职调查，具体核查情况如下： 一、关联交易概述 一）本次交易概述 东亚前海证券有限责任公司 关于浙江伟星实业发展股份有限公司 购买控股股东所持邵家渡工业园的土地厂房暨关联交易的核查意见 基于公司战略规划以及业务发展需要，公司拟购买过去几年一直租赁的控股 股东伟星集团有限公司 以下简称 伟星集团"）位于临海市邵家渡街道山下坦 村铁路大道南侧厂房，用于提升公司主业的生产智造保障能力。该宗土地面积为 86,788.00 平方米，厂房、甲类仓库等建筑面积合计 106,375.32 平方米，与公司 邵家渡工业园毗邻。 二）本次交易 ...

第一章 总则 第一条 为了进一步规范浙江伟星实业发展股份有限公司（以下简称"公司"）的对外 担保行为，有效地规避和防范公司经营风险，促进公司的健康发展，根据《中华人民共和 国公司法》《中华人民共和国证券法》《上市公司监管指引第 8 号——上市公司资金往来、 对外担保的监管要求》《深圳证券交易所股票上市规则》（以下简称"《股票上市规则》"） 等有关法律法规和《公司章程》的相关规定，结合公司实际情况，特制定本制度。 对外担保管理制度 2025 年 2 月修订 (修改部分用楷体加粗标示) 1 浙江伟星实业发展股份有限公司 对外担保管理制度 第二条 本制度适用于公司及公司控股子公司。所谓的控股子公司是指公司出资设立 的全资子公司、公司持有股权比例超过 50%的子公司和公司持有股权比例虽未超过 50%但公 司拥有实际控制权的子公司。公司控股子公司的对外担保，视同公司行为，其对外担保应 执行本制度。公司控股子公司须在其董事会或股东会做出决议前，及时通知公司履行相应 的审批程序。 第三条 本制度所称对外担保，是指公司以及公司控股子公司以第三人的身份为他人 提供保证、抵押或质押，按照约定履行债务或承担责任的行为，包括公司为控 ...

第二条 本制度所称市值管理，是指公司以提高公司质量为基础，为提升公司投资价 值和股东回报能力而实施的战略管理行为。 市值管理制度 2025 年 2 月制定 1 浙江伟星实业发展股份有限公司 市值管理制度 第一章 总则 第一条 为进一步规范浙江伟星实业发展股份有限公司（以下简称"公司"）市值管 理行为，有效维护公司、全体投资者及其他利益相关者的合法权益。根据《中华人民共和 国公司法》《中华人民共和国证券法》《国务院关于加强监管防范风险推动资本市场高质 量发展的若干意见》《上市公司信息披露管理办法》《上市公司监管指引第 10 号—市值管 理》等规定，并结合公司实际情况，特制订本制度。 第二章 市值管理的目的与基本原则 第三条 市值管理主要目的是通过充分、合规的信息披露，增强公司透明度，引导公 司的市场价值与内在价值实现动态趋同。同时，利用资本运作、权益管理、投资者关系管 理等手段，使公司价值得以充分反应，以此建立稳定和优质的投资者基础，获得长期的市 场支持，从而达到公司整体利益最大化和股东财富增长并举的目标。 第四条 市值管理的基本原则包括： 1、合规性原则：公司应当严格遵守相关法律法规、规范性文件、自律监管规则 ...

第一条 为加强浙江伟星实业发展股份有限公司（以下简称"公司"）对外投资的管理， 规范公司对外投资行为，防范投资风险，提高资金运作效率，根据《中华人民共和国公司 法》（以下简称"《公司法》"）、《深圳证券交易所股票上市规则》（以下简称"《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》等有 关法律、法规以及《公司章程》的相关规定，并结合公司实际，特制定本制度。 第二条 本制度所称对外投资是指公司对外进行的投资行为（包括对子公司投资）。 即公司将货币资金以及经资产评估后的房屋、机器、设备、物资等实物，以及专利权、技 术诀窍、商标权、土地使用权等无形资产作价出资，进行各种形式的投资活动。 第三条 建立本制度旨在建立有效的管理机制，对公司在组织资源、资产、投资等经 营运作过程中进行效益促进和风险控制，保障资金运营的收益性和安全性，提高公司的盈 利能力和抗风险能力。 对外投资管理制度 2025 年 2 月修订 (修改部分用楷体加粗标示) 1 浙江伟星实业发展股份有限公司 对外投资管理制度 第一章 总则 （一）对外投资权限：决定单次金额占公司最近一期经审计的净资产 30%以下 ...