Financial Performance - The company's operating revenue for Q3 2024 was ¥6,449,310,697.03, a decrease of 27.40% compared to the same period last year[3]. - The net profit attributable to shareholders for Q3 2024 was -¥52,019,416.38, representing a decline of 143.63% year-over-year[3]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥86,044,306.87, down 35.25% from the previous year[3]. - Total operating revenue decreased to ¥19.39 billion from ¥25.76 billion, a decline of approximately 24.6% year-over-year[17]. - Net profit attributable to shareholders decreased to ¥237.37 million from ¥502.36 million, representing a decline of about 52.8% year-over-year[17]. - Comprehensive income attributable to the parent company decreased to ¥88.92 million from ¥564.83 million, a decline of approximately 84.3% year-over-year[18]. - The basic earnings per share decreased to ¥0.09 from ¥0.18, a decline of 50% year-over-year[18]. Cash Flow - The net cash flow from operating activities for the year-to-date period was ¥428,096,505.18, a decrease of 55.41% compared to the same period last year[3]. - Cash flow from operating activities generated ¥428.10 million, down from ¥959.97 million, a decrease of about 55.3% year-over-year[19]. - The company reported a net cash inflow from operating activities of ¥20.10 billion, down from ¥27.94 billion, a decrease of about 28.2% year-over-year[19]. - The net cash inflow from investment activities was -213,940,046.23 CNY, an improvement from -1,393,383,318.78 CNY in the previous year[20]. - The net cash outflow from financing activities was -533,577,034.37 CNY, compared to -214,074,622.83 CNY in the same period last year[20]. - The cash outflow for financing activities totaled 7,781,401,266.73 CNY, an increase from 7,611,374,791.60 CNY year-over-year[20]. Assets and Liabilities - Total assets at the end of Q3 2024 amounted to ¥42,255,350,866.22, reflecting a 0.81% increase from the end of the previous year[4]. - Shareholders' equity attributable to the parent company was ¥17,359,021,041.22, down 1.06% from the previous year[4]. - Total liabilities reached CNY 23,342,010,264.31, compared to CNY 22,943,794,449.75, reflecting an increase of about 1.74%[14]. - The company's equity attributable to shareholders was CNY 17,359,021,041.22, down from CNY 17,544,934,959.00, indicating a decrease of approximately 1.05%[16]. - The total liabilities to equity ratio stands at approximately 1.35, indicating a leveraged position in the capital structure[14]. Investments and Income - Investment income surged by 491.55% to CNY 147,009,498.76, mainly due to increased profits from associated companies[8]. - Research and development expenses increased to ¥379.72 million from ¥321.76 million, reflecting a growth of approximately 17.9% year-over-year[17]. - The company recognized a total of -¥138,063,723.25 in non-recurring losses for the reporting period[5]. - The company experienced a 65.67% decline in interest income, totaling CNY 15,342,556.04, due to a decrease in factoring business scale[8]. Changes in Receivables and Payables - Accounts receivable increased by 95.22% to ¥2,599,551,623.66, primarily due to accelerated collection of year-end payments in the chemical business[7]. - Long-term receivables decreased by 41.83% to CNY 304,873,777.91, reflecting changes in financial arrangements[8]. - Prepayments increased by 58.84% to CNY 641,394,588.19, primarily due to an increase in advance payments for goods[8]. - Current assets totaled CNY 14,363,835,005.88, compared to CNY 14,024,016,294.69 at the beginning of the period, indicating an increase of about 2.42%[14].

证券代码：002010 证券简称：传化智联 公告编号：2024-046 传化智联股份有限公司 根据《企业会计准则》和《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》等相关规定，为真实、准确地反映公司截至 2024 年 9 月 30 日的财务状况、资产价值及经营情况，公司对截至 2024 年 9 月 30 日 合并报表范围内的各类资产进行了全面检查和减值测试，对截至 2024 年 9 月 30 日可能存在减值迹象的相关资产计提了减值准备，对符合财务核销确认条件的资 产经调查取证后，确认实际形成损失或预计未来无法给公司带来经济利益的已计 提减值准备的资产予以核销。 2、本次计提资产减值准备的范围及总金额 经对公司截至 2024 年 9 月 30 日合并报表范围内的可能发生减值迹象的资产 进行全面清查和减值测试后，第三季度公司计提的信用减值损失和资产减值损失 合计 11,786.03 万元，包含如下： 单位：元 | | | 关于 2024 年第三季度计提资产减值准备及核销资产的公告 本公司及董事会全体成员保证信息披露内容真实、准确、完整，没有虚假记 载、误导性陈述或者重大遗漏。 传化智联股 ...

本次会议以投票表决的方式审议通过如下决议： 一、审议通过了《关于下属公司终止投资项目及退还土地的议案》 监事会认为：本次项目终止能够降低公司的投资风险，有利于公司业务健康 发展。本项目终止不会影响公司正常业务开展，不存在损害公司和全体股东，特 别是中小股东利益的情形。 表决结果：3 票同意、0 票弃权、0 票反对 特此公告。 证券代码：002010 证券简称：传化智联 公告编号：2024-039 传化智联股份有限公司 第八届监事会第十四次会议决议公告 本公司及监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。 传化智联股份有限公司（以下简称"公司"）第八届监事会第十四次会议（以 下简称"本次会议"）通知于 2024 年 10 月 20 日通过邮件及电话方式向各监事发 出，会议于 2024 年 10 月 25 日以通讯方式召开。本次会议应参加监事 3 人，实 际参加监事 3 人，符合《中华人民共和国公司法》和《传化智联股份有限公司章 程》的有关规定，会议有效。 2024 年 10 月 26 日 1 传化智联股份有限公司监事会 ...

证券代码：002010 证券简称：传化智联 公告编号：2024-038 特此公告。 本次会议以投票表决的方式审议通过如下决议： 一、审议通过了《关于下属公司终止投资项目及退还土地的议案》 具体内容详见公司刊登于《证券时报》《中国证券报》《上海证券报》及巨潮 资讯网的《关于下属公司终止投资项目及退还土地的公告》。 表决结果：7 票同意、0 票弃权、0 票反对。 传化智联股份有限公司 第八届董事会第二十次会议决议公告 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。 传化智联股份有限公司（以下简称"公司"）第八届董事会第二十次会议（以 下简称"本次会议"）通知已于 2024 年 10 月 20 日通过邮件及电话方式向各董事 发出，会议于 2024 年 10 月 25 日以通讯的方式召开。本次会议应参加董事 7 人， 实际参加董事 7 人，符合《中华人民共和国公司法》和《传化智联股份有限公司 章程》的有关规定，会议有效。 传化智联股份有限公司董事会 2024 年 10 月 26 日 1 ...

证券代码：002010 证券简称：传化智联 公告编号：2024-040 传化智联股份有限公司 关于下属公司终止投资项目及退还土地的公告 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、项目概述 传化智联股份有限公司（以下简称"公司"）全资子公司传化物流集团有限 公司于2020年12月在浙江省嘉兴市设立全资子公司浙江传化多式联运发展有限 公司（以下简称"传化多式联运公司"），投资运营嘉兴海盐传化长三角智慧物 流港项目（以下简称"海盐项目"）。 传化多式联运公司于 2021 年 8 月分别投资设立全资子公司嘉兴传化智慧河 港有限公司（以下简称"河港公司"）、嘉兴传化智慧海港有限公司（以下简称 "海港公司"），依托嘉兴杭州湾海港、运河资源的优势，以及密集便捷的高速 铁路和公路交通网路体系，打造以海（港）（运）河联运为核心，具备多式联运 功能的内河集疏运体系建设。 用途为港口码头用地，出让金总额 15,387.3825 万元，出让金已全额缴清。公司 于该地块范围内已建成建筑的建筑面积为 6,874.96 平方米。 海港公司于 2023 年 9 月 12 日与海盐县 ...

证券代码：002010 证券简称：传化智联 公告编号：2024-041 传化智联股份有限公司 关于提供担保的进展公告 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。 一、担保预计概述 本次担保前公司为传化合成的担保余额为 8,800.00 万元，本次担保后公司为 传化合成的累计担保总额为 14,300.00 万元，为传化合成提供担保可用额度为 36,700.00 万元。上述担保在公司 2023 年年度股东大会审议通过的担保额度范围 内。 三、被担保人基本情况 公司名称：浙江传化合成材料股份有限公司 具体内容详见公司刊登于《证券时报》《中国证券报》《上海证券报》及巨 潮资讯网的《关于 2024 年度提供担保额度预计的公告》（公告编号：2024-012）。 二、担保进展情况 2024 年 10 月 25 日，公司与中国工商银行股份有限公司平湖支行（以下简 称"工商银行平湖支行"）签署了《最高额保证合同》，公司为子公司浙江传化 合成材料股份有限公司（以下简称"传化合成"）提供连带责任保证担保，担保 额度为 5,500.00 万元。 1 成立时间：2011 年 7 月 ...

Investment Rating - The report maintains an "Accumulate" rating with a target price of RMB 4.05 [7][8]. Core Views - The company experienced pressure in its performance during the first half of 2024, with revenue and profit both declining year-on-year. Revenue was RMB 12.92 billion, down 23.3%, and net profit attributable to shareholders was RMB 290 million, down 24.5%. The decline was primarily due to weak demand across the logistics business segment. However, the chemical business is expected to grow steadily, and improvements in the logistics segment, particularly in the highway port operations, are anticipated to enhance profitability as macroeconomic conditions improve [2][3][4]. Summary by Sections Financial Performance - In the first half of 2024, the logistics business generated revenue of RMB 8 billion, a decrease of 36.4%, with a gross margin of 8.27%, an increase of 2.25 percentage points. The smart highway port business saw a slight revenue decline of 0.4% to RMB 614 million, but its gross margin improved by 3.6 percentage points to 78.9%. The supply chain logistics business revenue fell by 4.9%, while the network freight platform business revenue decreased by 30% to RMB 6.8 billion due to stricter operational standards and customer optimization [2][3]. Business Segments - The chemical business achieved revenue of RMB 4.92 billion, a year-on-year increase of 15.7%, with a gross profit of RMB 1.17 billion, up 17.7%. The gross margin for the chemical business was 23.7%, an increase of 0.4 percentage points. Key segments such as dyeing auxiliaries, coatings, and synthetic rubber all reported positive growth [4][5]. Investment Income - The company reported strong investment income, achieving RMB 78.52 million in net investment income in the first half of 2024, a year-on-year increase of 124.9%. This was primarily driven by contributions from joint ventures [5]. Earnings Forecast - The report maintains the profit forecasts for 2024, 2025, and 2026 at RMB 660 million, RMB 780 million, and RMB 940 million, respectively. The estimated PE ratio for 2024 is 17.2x, compared to the industry average of 12.3x, reflecting a premium due to the ongoing expansion and optimization of the highway port business [2][6].

本公司及董事会全体成员保证信息披露内容真实、准确、完整，没有虚假记 载、误导性陈述或者重大遗漏。 传化智联股份有限公司（以下简称"公司"）根据《企业会计准则》及《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 规定，对截至 2024 年 6 月 30 日各项资产进行减值测试，根据测试结果，对存在 减值的相关资产计提减值准备。公司于 2024 年 8 月 23 日召开第八届董事会审计 委员会 2024 年度第三次会议审议通过了《关于 2024 年半年度计提资产减值准备 及核销资产的议案》，现将公司本次计提资产减值准备及核销资产的具体情况公 告如下： 一、本次计提资产减值准备及核销资产的情况概述 1、本次计提资产减值准备及核销资产的原因 根据《企业会计准则》和《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》等相关规定，为真实、准确地反映公司截至 2024 年 6 月 30 日的财务状况、资产价值及经营情况，公司对截至 2024 年 6 月 30 日合 并报表范围内的各类资产进行了全面检查和减值测试，对截至 2024 年 6 月 30 日可能存在减值迹象的相 ...

Financial Performance - The company's operating revenue for the reporting period was ¥12,920,605,570.85, representing a decrease of 23.25% compared to the same period last year[11]. - The net profit attributable to shareholders of the listed company was ¥289,387,777.61, down 24.47% year-on-year[11]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥249,392,478.51, a decrease of 27.61% compared to the previous year[11]. - The net cash flow from operating activities was ¥444,443,853.32, reflecting a decline of 21.08% from the same period last year[11]. - Basic earnings per share were ¥0.10, down 23.08% compared to ¥0.13 in the previous year[11]. - The company's operating revenue for the first half of 2024 was CNY 12,920,605,570.85, a decrease of 23.25% compared to CNY 16,835,128,699.90 in the same period last year[28]. - The company's operating profit for the first half of 2024 was CNY 151.64 million, a decrease of 75.7% compared to CNY 614.51 million in the same period of 2023[103]. - Net profit for the first half of 2024 was CNY 150.46 million, down 75.8% from CNY 622.00 million in the first half of 2023[103]. - Total comprehensive income for the first half of 2024 was CNY -14.66 million, compared to CNY 638.25 million in the same period of 2023[104]. Assets and Liabilities - Total assets at the end of the reporting period were ¥41,383,917,865.56, a decrease of 1.27% from the end of the previous year[11]. - The net assets attributable to shareholders of the listed company were ¥17,367,181,991.20, down 1.01% from the previous year[11]. - The company's total assets reached CNY 29,432,786,883.27, compared to CNY 28,562,359,526.07 in the same period last year[100]. - Total liabilities decreased from CNY 22,943,794,449.75 to CNY 22,501,138,603.79, a decline of approximately 1.93%[96]. - The total liabilities were approximately 299.80 billion CNY, which is a critical factor in assessing the company's leverage[114]. Cash Flow - The company's cash and cash equivalents decreased from ¥5,092,765,585.44 at the beginning of the period to ¥4,484,195,001.25 at the end of the period, representing a decline of approximately 11.87%[94]. - Cash flow from operating activities generated a net amount of CNY 444.44 million, a decrease of 21.1% from CNY 563.16 million in the first half of 2023[105]. - Cash inflow from investment activities was CNY 418.63 million, significantly up from CNY 196.60 million in the same period of 2023[106]. - Cash outflow from investment activities totaled CNY 671.65 million, down from CNY 1.62 billion in the first half of 2023[106]. - The ending balance of cash and cash equivalents was ¥1,183,820,556.32, down from ¥1,874,984,998.01 at the end of the previous year[108]. Investments and R&D - Research and development expenses increased by 17.35% to CNY 235,381,733.33, indicating a continued focus on innovation[28]. - The company is actively pursuing technology innovation projects, including the development of new functional additives and sustainable textile materials[22]. - The company has implemented a comprehensive HSE management system to enhance safety and environmental performance across its operations[25]. Market and Business Operations - The smart highway port business generated a revenue of 614 million CNY with a gross margin of 78.84%, and the occupancy rate reached 86.6% with 8,367 enterprises settled[17]. - The supply chain logistics service operated a total warehouse area of 397,400 square meters and served 297 customers by the end of the reporting period[18]. - The network freight business recorded a transaction volume of 7.388 billion CNY and processed 1.9 million orders, with a fleet of 1.68 million vehicles[19]. - The logistics segment generated CNY 7,997,685,950.63, accounting for 61.90% of total revenue, but saw a decline of 36.43% year-on-year[29]. - The chemical segment's revenue increased by 15.73% to CNY 4,922,919,620.22, representing 38.10% of total revenue[29]. Environmental and Social Responsibility - The company has established a wastewater treatment system with a capacity of 600 tons per day, utilizing a "physical-chemical + biological" process, achieving a comprehensive purification efficiency of over 99%[54]. - The company has initiated four photovoltaic projects and three charging station projects, promoting the efficient use of clean energy[57]. - The company was rated AA in the Shenzhen Stock Exchange National ESG Index and ranked 5th out of 45 in the Huazheng Index, reflecting its commitment to sustainable development[56]. Governance and Compliance - The company guarantees the independence of its financial personnel and management, ensuring no dual roles or salary payments from related enterprises[58]. - The company has established a complete governance structure to maintain operational independence from its controlling shareholders[58]. - The company has not reported any changes in risks and countermeasures during the reporting period[46]. - There were no significant litigation or arbitration matters affecting the company during the reporting period[61]. Related Party Transactions - The company engaged in related party transactions amounting to RMB 11,116.85 million for procurement and RMB 1,215.70 million for leasing, representing 1.00% and 17.47% of similar transaction amounts respectively[62]. - The company reported a maximum daily deposit limit of RMB 200,000 with related parties, with an interest rate range of 0.35%-1.80%[67]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 42,576, with the largest shareholder, Transfar Group Co., Ltd., holding 54.21% of the shares[86]. - The company completed a share buyback of 23,939,600 shares, accounting for about 0.86% of the total share capital[86]. Accounting Policies - The company adheres to accounting standards, ensuring that the financial statements accurately reflect its financial position, operating results, and cash flows[125]. - The company has established specific accounting policies and estimates for financial instruments, fixed asset depreciation, and revenue recognition, among others[124]. - The company recognizes revenue from sales of products such as printing and dyeing agents, synthetic leather oils, and coatings at the point of transfer of ownership[174].

证券代码：002010 证券简称：传化智联 公告编号：2024-037 传化智联股份有限公司 本次担保前公司为传化天松的担保余额为 0 万元，本次担保后公司为传化天 松的累计担保总额为 10,000.00 万元，公司为合并报表范围内的其他下属公司（资 产负债率 70%以下）提供担保可用额度为 82,000.00 万元。上述担保在公司 2023 年年度股东大会审议通过的担保额度范围内。 公司名称：浙江传化天松新材料有限公司 1 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、担保预计概述 传化智联股份有限公司（以下简称"公司"）于 2024 年 4 月 19 日召开第八 届董事会第十六次会议、2024 年 5 月 28 日召开 2023 年年度股东大会，审议通 过了《关于 2024 年度提供担保额度预计的议案》，为满足子公司日常运营和项 目建设资金需要，保证公司业务顺利开展，同意公司为子公司提供总计不超 443,000.00 万元人民币+1,250.00 万元欧元的担保额度。本次担保额度有效期为自 2023 年年度股东大会审议通过之日起至 2024 年年度股 ...