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 ...

浙江伟星实业发展股份有限公司 总经理工作细则 第一章 总则 总经理工作细则 2025年2月修订 (修改部分用楷体加粗标示) 1 第一条 为进一步完善浙江伟星实业发展股份有限公司（以下简称"公司"）的法人 治理结构和经营运作系统，促进经营管理的制度化、规范化、科学化，依照《中华人民共 和国公司法》（以下简称"《公司法》"）、《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》等相关法律、法规以及《公司章程》的有关规定，制定本细则。 第二条 公司依法设置总经理和副总经理、董事会秘书、财务总监等高级管理人员（以 下简称"高管"），高管应当遵守法律、行政法规和《公司章程》的规定，诚信勤勉地履行 日常经营管理职责，对公司董事会负责并报告工作。 第二章 总经理的任免 第三条 总经理任职，应当具备下列条件： （一）优秀的个人品质 有较强的责任心，积极进取、忠实勤勉、廉洁奉公、民主公道，严于律己，宽以待人 等。 （二）良好的职业操守 1、具备高度的敬业精神，全力履行好自己的职责，忠实地维护公司利益； 2、严守公司商业秘密，不将公司商业秘密透露给任何第三方。 （三）专业素质与能力 具有丰富的战略规划、经营 ...

投资者关系管理办法 投资者关系管理办法 第一章 总则 第一条 为促进浙江伟星实业发展股份有限公司（以下简称"公司"）完善治理结构， 规范公司投资者关系管理工作，根据《中华人民共和国公司法》（以下简称"《公司法》"）、 《中华人民共和国证券法》（以下简称"《证券法》"）、《上市公司投资者关系管理工作指引》 《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 1 号——主 板上市公司规范运作》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， 特制定本办法。 第二章 投资者关系管理的基本原则与目的 第二条 投资者关系管理是指公司通过便利股东权利行使、信息披露、互动交流和诉 求处理等工作，加强与投资者及潜在投资者之间的沟通，增进投资者对公司的了解和认同， 以提升公司治理水平和整体价值，实现尊重投资者、回报投资者、保护投资者目的的相关 活动。 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 第三条 投资者关系管理的基本原则 1、合规性原则。公司投资者关系管理应当在依法履行信息披露义务的基础上开展， 符合法律、法规、规章及规范性文件、行业规范和自律规则、公司 ...

1 浙江伟星实业发展股份有限公司 关联交易管理制度 第一章 一般规定 第一条 为进一步完善浙江伟星实业发展股份有限公司（以下简称"公司"）治理，规 范关联交易，充分保障商事活动的公允性，维护公司及股东的合法权益，根据《中华人民 共和国公司法》《中华人民共和国证券法》《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》《深圳证券交易所上市公司自律监管指引第 7 号——交易与关联交易》以及《公司章 程》等相关规定，制订本制度。 第二条 本制度中的关联交易指公司或控股子公司与公司关联人之间发生的转移资源 或义务的事项，包括但不限于下列事项： 关联交易管理制度 2025 年 2 月修订 (修改部分用楷体加粗标示) 第四条 具有下列情形之一的法人或者其他组织，为公司的关联法人（或者其他组 织）： （一）直接或间接地控制公司的法人（或者其他组织）； （二）由前项所述法人（或者其他组织）直接或间接控制的除公司及其控股子公司以 外的法人（或者其他组织）； （三）由公司的关联自然人直接或间接控制的，或担任董事（不含同为双方的独立董 事）、高 ...