| 证券代码：002111 | 证券简称：威海广泰 | 公告编号：2025-024 | | --- | --- | --- | | 债券代码：127095 | 债券简称：广泰转债 | | 威海广泰空港设备股份有限公司 关于举行 2024 年度业绩网上说明会的公告 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。 威海广泰空港设备股份有限公司（以下简称"公司"）已于2025年4月22日在巨 潮资讯网（http://www.cninfo.com.cn/）上披露了《2024年年度报告》，为使投资者 进一步了解公司的财务状况、经营情况及公司发展规划，公司将于2025年5月14日 （星期三）15:00-17:00在全景网举行2024年度业绩网上说明会，本次年度业绩说明 会将采用网络远程的方式举行，投资者可登录全景网"投资者关系互动平台" （http://ir.p5w.net）参与本次年度业绩网上说明会。 出席本次说明会的人员有：公司董事长、总经理李文轩先生，独立董事李耀忠 先生，副总经理、董事会秘书罗丰先生，财务负责人李波先生。 为充分尊重投资者、提升交流针对性，现就公司 ...

关于回购股份的进展公告 特此公告。 威海广泰空港设备股份有限公司董事会 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。 威海广泰空港设备股份有限公司（以下简称"公司"）于 2025 年 4 月 22 日召 开了第七届董事会第三十一次会议，审议通过了《关于回购股份方案的议案》， 同意公司使用自有资金及股票回购专项贷款以集中竞价交易的方式回购部分公 司境内上市人民币普通股（A 股），用于实施股权激励计划或员工持股计划（以 下简称"本次回购"）。公司拟用于本次回购的资金总额为人民币 4,000 万元至 6,000 万元，回购价格为不超过人民币 15.00 元/股，具体回购股份的数量以回购 期届满时实际回购的股份数量为准。本次回购实施期限为自公司董事会审议通过 本次回购方案之日起不超 12 个月。具体内容详见公司于 2025 年 4 月 26 日在巨 潮资讯网（www.cninfo.com.cn）披露的《回购报告书》（公告编号：2025-021）。 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。 本公司及董事会全体成员 ...

Investment Rating - The report maintains a "Strong Buy" rating for the company, expecting it to outperform the benchmark index by over 20% in the next six months [2][17]. Core Views - The company reported a revenue of 2.89 billion yuan for 2024, a year-on-year increase of 20.1%, while the net profit attributable to shareholders decreased by 40.6% to 75 million yuan [2][4]. - The first quarter of 2025 saw a revenue of 640 million yuan, up 12.6% year-on-year, but the net profit attributable to shareholders also declined by 15.2% to 42 million yuan [2][4]. - The company is expected to maintain rapid growth in the airport equipment sector, driven by domestic recovery and international expansion, with a target price adjusted to 12.3 yuan based on a 25x PE ratio for 2025 [8][4]. Financial Performance Summary - **2024 Financials**: Total revenue of 2.89 billion yuan, net profit of 75 million yuan, and a diluted EPS of 0.14 yuan [4][5]. - **2025 Projections**: Expected revenue of 3.61 billion yuan, net profit of 260 million yuan, and a diluted EPS of 0.49 yuan [4][5]. - **Growth Rates**: Revenue growth is projected at 25.1% for 2025, with net profit expected to rebound by 248.7% [4][9]. Business Segment Insights - The airport equipment segment achieved a revenue of 1.6 billion yuan in 2024, reflecting a 32.3% year-on-year increase, with international orders growing by 67% [8][4]. - The firefighting equipment segment also saw significant growth, with orders reaching 1.06 billion yuan, up 69.2% year-on-year [8][4]. - The company is expanding into mobile medical equipment and emergency rescue drones, aiming to capture new growth opportunities in the low-altitude economy [8][4].

Investment Rating - The report maintains a "Strong Buy" rating for the company, expecting it to outperform the benchmark index by over 20% in the next six months [2][17]. Core Views - The company reported a revenue of 2.89 billion yuan for 2024, a year-on-year increase of 20.1%, while the net profit attributable to shareholders decreased by 40.6% to 75 million yuan [2][4]. - The first quarter of 2025 saw a revenue of 640 million yuan, up 12.6% year-on-year, but the net profit attributable to shareholders also declined by 15.2% to 42 million yuan [2][4]. - The company is expected to maintain rapid growth in the airport equipment sector, driven by domestic recovery and international expansion, with a projected revenue of 3.61 billion yuan in 2025 [2][4]. Financial Summary - Total revenue is projected to grow from 2.89 billion yuan in 2024 to 5.01 billion yuan by 2027, with year-on-year growth rates of 20.1%, 25.1%, 19.0%, and 16.6% respectively [4]. - The net profit attributable to shareholders is expected to rebound significantly in 2025, reaching 260 million yuan, a growth of 248.7% compared to 2024 [4]. - The earnings per share (EPS) is forecasted to increase from 0.14 yuan in 2024 to 0.82 yuan by 2027 [4]. Market Position and Growth Drivers - The company has secured international orders worth 1.04 billion yuan, a year-on-year increase of 67%, indicating strong demand in the global market [2][8]. - Domestic orders for airport equipment reached 1.06 billion yuan, up 68% year-on-year, reflecting a robust recovery in the domestic market [2][8]. - The company is also expanding into the mobile medical and emergency rescue drone sectors, which are expected to become new growth points [2][8].

中航证券有限公司 关于威海广泰空港设备股份有限公司 向不特定对象发行可转换公司债券 之持续督导保荐总结报告书 | | | 1、保荐总结报告书及其相关资料的内容不存在虚假记载、误导性陈述或重 大遗漏，保荐机构及保荐代表人对其真实性、准确性、完整性承担法律责任。 2、保荐机构及保荐代表人自愿接受中国证监会对保荐总结报告书相关事项 进行的任何质询和调查。 3、保荐机构及保荐代表人自愿接受中国证监会按照《证券发行上市保荐业 务管理办法》及《深圳证券交易所上市公司自律监管指引第 13 号——保荐业务》 的有关规定采取的监管措施。 二、保荐机构基本情况 | 项目 | 内容 | | | | --- | --- | --- | --- | | 保荐机构名称 | 中航证券有限公司 | | | | 注册地址 | 江西省南昌市红谷滩新区红谷中大道 1619 | 号南昌国际金融大厦 | A | | | 栋 层 41 | | | | 主要办公地址 | 北京市朝阳区望京东园四区 号中航产融大厦 2 | 层 32 | | 1 | 项目 | | 内容 | | --- | --- | --- | | 法定代表人 | 戚侠 | | | 保荐代表 ...

中航证券有限公司 关于威海广泰空港设备股份有限公司 2024 年度保荐工作报告 | 保荐人名称：中航证券有限公司 | 被保荐公司简称：威海广泰 | | --- | --- | | 保荐代表人：孙 捷 | 联系电话：010-59562504 | | 保荐代表人：申希强 | 联系电话：010-59562504 | 一、保荐工作概述 | 目 项 | 工作内容 | | --- | --- | | 1.公司信息披露审阅情况 | | | （1）是否及时审阅公司信息披露文件 | 是 | | （2）未及时审阅公司信息披露文件的次数 | 0 次 | | 2.督导公司建立健全并有效执行规章制度的情况 | | | （1）是否督导公司建立健全规章制度（包括但不 | | | 限于防止关联方占用公司资源的制度、募集资金管 | 是 | | 理制度、内控制度、内部审计制度、关联交易制度） | | | | 否（截至 2024 年 2 月 20 日，公司股 | | | 票在连续三十个交易日中已有十五 | | | 个交易日的收盘价格低于"广泰转 | | | 债"当期转股价格的 85%，触发可转 | | | 债募集说明书中规定的转股价格向 | | ...

威海广泰（002111）公告，2025年第一季度营收为6.4亿元，同比增长12.64%；净利润为4191.95万元， 同比下降15.18%。 ...

Revenue and Profit - The company's revenue for Q1 2025 was ¥639,614,825.35, representing a 12.64% increase compared to ¥567,857,786.48 in the same period last year[5]. - Net profit attributable to shareholders decreased by 15.18% to ¥41,919,502.63 from ¥49,420,414.70 year-over-year[5]. - Total operating revenue for the current period reached ¥639,614,825.35, an increase of 12.6% compared to ¥567,857,786.48 in the previous period[19]. - Net profit for the current period was ¥41,866,595.17, a decrease of 14.4% from ¥48,906,573.47 in the previous period[20]. - Earnings per share (basic and diluted) decreased to ¥0.08 from ¥0.09 in the previous period[21]. Cash Flow - The net cash flow from operating activities improved by 7.38%, reaching -¥145,293,725.27 compared to -¥156,862,967.80 in the previous year[5]. - Net cash flow from operating activities was -$145.29 million, an improvement from -$156.86 million year-over-year[23]. - Total cash inflow from investment activities was $519.31 million, slightly up from $515.25 million in the previous year[23]. - Cash outflow from investment activities totaled $627.12 million, compared to $602.65 million last year, resulting in a net cash flow of -$107.81 million[23]. - Cash inflow from financing activities was $377.65 million, significantly higher than $266.05 million in the previous year[23]. - Net cash flow from financing activities increased to $88.22 million from $48.45 million year-over-year[23]. - The ending cash and cash equivalents balance was $586.11 million, compared to $557.68 million at the end of the previous year[23]. Assets and Liabilities - Total assets increased by 1.27% to ¥6,525,766,485.61 from ¥6,443,803,845.67 at the end of the previous year[5]. - Total liabilities increased to ¥3,340,057,921.45 from ¥3,302,671,502.80 in the previous period[18]. - The total number of common shareholders at the end of the reporting period is 39,506[12]. - The largest shareholder, Xinjiang Guantai Airport Equity Investment Partnership, holds 27.36% of shares, totaling 145,563,142 shares, with 18,000,000 shares pledged[12]. Expenses and Costs - Total operating costs increased to ¥594,425,111.10, up 15.2% from ¥515,812,376.91 in the previous period[19]. - The company experienced a 108.16% increase in financial expenses, amounting to ¥9,776,611.71, primarily due to reduced foreign exchange gains and interest income[9]. - Research and development expenses decreased to ¥24,895,143.61 from ¥31,508,361.65 in the previous period[20]. - The company reported a tax expense of ¥7,690,862.86, down from ¥8,146,919.12 in the previous period[20]. - Cash paid to employees increased to $124.09 million from $110.66 million in the previous year[23]. - Cash paid for taxes rose to $57.03 million, compared to $43.95 million last year[23]. Shareholder Information - The company's repurchase account holds 15,975,093 shares, accounting for approximately 3.00% of the total share capital[14]. - The total non-current assets are valued at ¥1,796,025,043.40, slightly up from ¥1,790,893,527.10[17]. Other Information - The company has not disclosed any new strategies or future outlook in the provided documents[12][13][15]. - The company has not yet audited its first-quarter report for 2025[24].

Summary of Key Points Core Viewpoint - The company, Weihai Guangtai Airport Equipment Co., Ltd., has announced a share repurchase plan aimed at enhancing investor confidence and aligning the company's stock price with its intrinsic value, while also implementing an employee stock ownership plan or equity incentive plan [2][8]. Group 1: Share Repurchase Plan Details - The repurchased shares will be domestic listed RMB ordinary shares (A-shares) [10]. - The purpose of the repurchase is to implement an equity incentive plan or employee stock ownership plan, with unallocated shares to be canceled if not used within 36 months [3][11]. - The repurchase price will not exceed RMB 15 per share, which is 150% of the average trading price over the previous 30 trading days [3][9]. - The total amount for the repurchase will not exceed RMB 60 million and will be at least RMB 40 million, with an estimated repurchase quantity of approximately 4 million shares (0.75% of total shares) at the upper limit and 2.67 million shares (0.50% of total shares) at the lower limit [3][12][14]. Group 2: Financial and Operational Considerations - The repurchase will be funded through the company's own funds and a special loan of up to RMB 50 million from China Merchants Bank, with a loan term of no more than three years [4][14]. - The company has sufficient financial resources, with total assets of RMB 6.444 billion and a debt ratio of 51.26%, indicating a strong financial position to support the repurchase [18]. - The board of directors has committed to ensuring that the repurchase will not harm the company's ability to meet its debt obligations or its ongoing operations [19]. Group 3: Governance and Compliance - The repurchase plan was approved by the board of directors during a meeting on April 22, 2025, and does not require shareholder approval [23]. - The company will disclose the progress of the repurchase regularly, including any significant changes in shareholding structure [26][27]. - The management is authorized to make decisions regarding the timing, price, and quantity of shares to be repurchased within the established framework [25].

回购报告书 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。 重要内容提示： 1、本次回购基本情况 （1）回购股份的种类：境内上市人民币普通股（A股）。 （2）回购用途：本次回购的股份拟用于公司实施股权激励计划或员工持股计 划。若在股份回购方案完成后未能在本次股份回购方案完成之日起36个月内用于 前述用途，未授予或转让的股份将依法予以注销。如国家对相关政策作调整，则本 股份回购方案按调整后的政策实行。 （3）回购价格区间：本次回购股份价格不超过人民币15元/股。回购价格上限 未超过董事会通过本回购股份决议前三十个交易日公司股票交易均价的150%。 | 证券代码：002111 | 证券简称：威海广泰 | 公告编号：2025-021 | | --- | --- | --- | | 债券代码：127095 | 债券简称：广泰转债 | | 威海广泰空港设备股份有限公司 （4）回购股份规模：本次回购股份资金总额不超过人民币6,000万元，且不少 于人民币4,000万元；在回购股份价格不超过15元/股（含）的条件下，按回购金额 上限测算，预计回购股份数量约为4,000,00 ...