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。 一、监事会会议召开情况 浙江东南网架股份有限公司（以下简称"公司"）第八届监事会第十七次会 议通知于 2025 年 5 月 23 日以邮件或专人送出的方式发出，会议于 2025 年 5 月 28 日下午在公司会议室以现场表决的方式召开。会议应出席监事 3 名，实际出 席监事 3 名。会议由监事会主席何挺先生主持。本次会议的召集、召开和表决程 序符合《公司法》《公司章程》的规定，合法有效。 二、监事会会议审议情况 证券代码：002135 证券简称：东南网架 公告编号：2025-045 债券代码：127103 债券简称：东南转债 经与会监事逐项认真审议，会议以记名投票表决的方式通过了如下议案： 1、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 使用部分闲置募集资金暂时补充流动资金的议案》。 浙江东南网架股份有限公司 第八届监事会第十七次会议决议公告 1、公司第八届监事会第十七次会议决议。 浙江东南网架股份有限公司 监事会 2025 年 5 月 29 日 经审核，监事会认为：公司本次使用闲置募集 ...

证券代码：002135 证券简称：东南网架 公告编号：2025-044 债券代码：127103 债券简称：东南转债 浙江东南网架股份有限公司 第八届董事会第二十四次会议决议公告 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。 经与会董事认真审议并在议案表决票上表决签字，审议通过了如下决议： 1、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《关于使 用部分闲置募集资金暂时补充流动资金的议案》。 为提高募集资金使用效率，进一步降低公司的财务成本，在符合相关法律法 规及不改变募集资金用途、不影响募集资金投资项目正常实施的前提下，公司本 次拟使用不超过人民币 40,000 万元的闲置募集资金暂时补充流动资金，使用期 限自本次董事会审议通过之日起不超过 12 个月。公司将随时根据募集资金投资 项目的进展及需求情况及时归还至募集资金专用账户。 具体内容详见公司 2025 年 5 月 29 日刊登于《证券时报》《中国证券报》《上 海证券报》《证券日报》及巨潮资讯网（http://www.cninfo.com.cn）上的《关于 使用部分闲置募集资金暂时补充流 ...

Core Viewpoint - Zhejiang Southeast Steel Structure Co., Ltd. has approved the temporary use of idle raised funds to supplement working capital, ensuring that it does not affect the normal operation and investment projects of the raised funds [1][2] Group 1: Fund Usage - The company has decided to use up to RMB 450 million of idle raised funds temporarily to supplement working capital, with the usage period not exceeding 12 months from the board's approval date [1] - As of May 23, 2025, the company has fully returned the RMB 450 million used for temporary working capital to the corresponding special account for raised funds [2] Group 2: Compliance and Reporting - The company has ensured that the arrangement and use of the funds do not alter or disguise the intended use of the raised funds, maintaining compliance with regulations [1] - The company has notified the sponsor institution and the sponsor representative about the return of the raised funds [2]

在上述授权额度及期限内，根据募集资金使用安排，公司实际用于暂时补充 流动资金的闲置募集资金共计 45,000 万元。公司对该部分资金进行了合理的安 排与使用，没有影响募集资金使用计划的正常进行，不存在改变或变相改变募集 资金用途的情形。 截至 2025 年 5 月 23 日，公司已将上述用于暂时补充流动资金的闲置募集资 金共计 45,000 万元全部归还至相应募集资金专用账户，实际使用期限未超过 12 个月。公司已将本次募集资金归还情况通知了保荐机构及保荐代表人。 特此公告。 证券代码：002135 证券简称：东南网架 公告编号：2025-043 债券代码：127103 债券简称：东南转债 浙江东南网架股份有限公司 关于归还用于暂时补充流动资金的闲置募集资金的公告 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。 浙江东南网架股份有限公司（以下简称"公司"）于 2024 年 6 月 17 日召开 的第八届董事会第十二次会议和第八届监事会第十次会议，审议通过了《关于使 用部分闲置募集资金暂时补充流动资金的议案》，同意公司在不影响募集资金投 资项目建设和正常生产经营 ...

Investment Rating - The report adjusts the investment rating to "Accumulate" [4][6] Core Views - The company is expected to face short-term pressure on revenue and profit, with a projected revenue of 11.24 billion in 2024, down 13.49% year-on-year, and a net profit of 190 million, down 41.64% year-on-year [1][5] - The engineering contracting business is growing rapidly, with a revenue increase of 47.80% in 2024, driven by a dual-engine development strategy focusing on "EPC contracting + No. 1 project" and expansion into overseas markets [2][3] - The company is actively expanding its photovoltaic operations, including a significant project in Xiaoshan, which is expected to enhance its profitability and market presence in the renewable energy sector [4][5] Financial Performance Summary - In Q1 2024, the company reported a revenue of 2.437 billion, a decrease of 18.94% year-on-year, and a net profit of 47 million, down 47.44% year-on-year [1] - The overall cash flow remains strong, with a cash flow from operations (CFO) of 1.088 billion in 2024, an increase of 2.682 billion year-on-year, attributed to good collections from engineering and overseas businesses [3] - The company’s comprehensive gross margin for 2024 is projected at 10.3%, a decrease of 0.95 percentage points year-on-year, while the gross margin for Q4 2024 is expected to be 19.82%, an increase of 7.81 percentage points year-on-year [2][3]

Core Insights - The BIPV (Building Integrated Photovoltaics) industry has gained significant attention from the Chinese government since 2021, with various policies aimed at promoting its development as part of the country's carbon neutrality goals [1][8][20] - The market for BIPV is expected to grow rapidly, with projected new installations of approximately 11,140 MW in 2024 and a cumulative capacity of around 28,129 MW [1][18] - BIPV is recognized as an effective means to develop green buildings and reduce energy consumption in the construction sector [1][18] Industry Overview - BIPV technology integrates solar photovoltaic components into buildings, allowing them to generate electricity for their own use [4] - The BIPV market is categorized into applications such as photovoltaic roofs and walls, with materials classified into crystalline and thin-film types [4] Industry Development History - The BIPV industry has evolved over nearly 30 years, with the first projects in China initiated in 2004 [5] Policy Support - The Chinese government has implemented multiple policies to support the BIPV industry, including the "14th Five-Year Plan for Energy Conservation and Green Building Development" [8][9] - Recent policies aim to enhance the integration of renewable energy in various sectors, including construction [8][9] Industry Chain - The BIPV industry chain consists of upstream component manufacturers, midstream system integrators, and downstream application scenarios [11][13] - Key players in the midstream include companies like Jianghe Group and Sentech, which provide integrated BIPV solutions [11][20] Market Potential - The market for BIPV roofs was valued at approximately 91.73 billion yuan in 2022, expected to reach 366.77 billion yuan by 2027 [15] - The BIPV curtain wall market was valued at around 6.57 billion yuan in 2022, projected to grow to 45.73 billion yuan by 2027 [15] Key Companies - Major companies in the BIPV sector include Longi Green Energy, JinkoSolar, Trina Solar, and Jianghe Group, which are involved in both manufacturing and system integration [20][21] Future Trends - The BIPV industry is expected to benefit from continued policy support and technological advancements, leading to lower costs and increased market adoption [26][27] - Innovative business models, such as energy management contracts and rooftop leasing, are anticipated to enhance project economics and accelerate market penetration [28]

Group 1: Business Strategy and Development Plans - The company will implement the "EPC general contracting + No. 1 project" strategy to drive high-quality development in 2025, focusing on high-end, precision, and challenging market positioning [1] - The company aims to become the leading brand in green low-carbon prefabricated steel structures in China, targeting differentiated development in the Yangtze River Delta and Pearl River Delta regions [1] - The company will enhance risk control by strengthening credit assessments during contract reviews and increasing efforts to collect accounts receivable [1] Group 2: New Energy and Sustainability Initiatives - The company will actively develop new energy businesses in response to national "dual carbon" goals, utilizing a construction model of "prefabricated + EPC + BIPV" [2] - The company plans to expand its comprehensive energy business, including BIPV, BAPV, centralized photovoltaic, and supporting energy storage [2] - The company is committed to integrating green energy with modern agriculture through the construction of a 110MW agricultural photovoltaic power station project, which is expected to enhance its photovoltaic generation capacity and revenue [5] Group 3: International Expansion and Market Opportunities - In 2024, the company signed overseas orders worth 1.23 billion RMB, accounting for 14.68% of the total new contracts signed that year [3] - The company will leverage the "Belt and Road" initiative to expand its business in core regions, focusing on green infrastructure, innovative building materials, and new energy [2] Group 4: Production Capacity and Order Status - The company currently has a steel structure production capacity of approximately 600,000 tons, with plans to increase it to 700,000 tons in the future [6] - In Q1 2025, the company signed new orders totaling 2.468 billion RMB, representing a year-on-year growth of 1.48% [7] Group 5: Research and Development Investments - The company emphasizes technological innovation and has developed ten core technologies in various fields, including prefabricated steel structures and digital construction, which are at the advanced level globally [8] Group 6: Fund Utilization from Convertible Bonds - As of the end of 2024, the company has invested 1.458 billion RMB from convertible bond fundraising into ongoing projects, which are progressing as scheduled [9]

Group 1 - The company, Zhejiang Southeast Steel Structure Co., Ltd., is implementing an annual equity distribution for 2024, which affects the convertible bonds [1] - The convertible bonds (code: 127103; name: Southeast Convertible Bonds) will be suspended from conversion starting May 16, 2025, until the equity distribution registration date [1] - Conversion of the Southeast Convertible Bonds will resume on the first trading day after the equity distribution registration date, which is May 23, 2025 [1] Group 2 - The company assures that the information disclosed is true, accurate, and complete, with no false records or misleading statements [1] - The announcement regarding the suspension and resumption of bond conversion will be published in various financial newspapers and on the company's official information platform [1]

证券代码：002135 证券简称：东南网架 公告编号：2025-042 债券代码：127103 债券简称：东南转债 浙江东南网架股份有限公司 关于"东南转债"恢复转股的提示性公告 根据相关规定，"东南转债"将于本次权益分派股权登记日后的第一个交易 日（即 2025 年 5 月 23 日）起恢复转股。敬请公司可转换公司债券持有人留意。 特此公告。 浙江东南网架股份有限公司 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。 4、暂停转股时间：2025 年 5 月 16 日起至 2025 年 5 月 22 日 5、恢复转股时间：2025 年 5 月 23 日 浙江东南网架股份有限公司（以下简称"公司"）因实施公司 2024 年年度 权益分派，根据《浙江东南网架股份有限公司向不特定对象发行可转换公司债券 募集说明书》相关条款的规定，经向深圳证券交易所申请公司可转换公司债券（债 券代码：127103；债券简称：东南转债）于 2025 年 5 月 16 日起至 2024 年度权 益分派股权登记日暂停转股，2024 年度权益分派股权登记日后的第一个交易日 起恢复转股。具体内容 ...

Company Overview - The company is a leading enterprise in the field of spatial steel structures, focusing on large-span space steel structures, high-rise heavy steel structures, light steel structures, and prefabricated steel structures [1] - Since obtaining the first-level qualification for general contracting in construction in 2019, the company has shifted from a specialized subcontractor to a general contractor, leveraging its technical, brand, performance, and team advantages [1][2] Business Expansion - In 2024, the company signed overseas orders worth 1.23 billion yuan, accounting for 14.68% of the total new contracts signed that year [3] - The company is actively expanding into green infrastructure, innovative building materials, and new energy sectors, particularly in South America, North America, the Middle East, and Southeast Asia [3] Renewable Energy Initiatives - The company is committed to the "dual carbon" development strategy, focusing on green low-carbon development and expanding its photovoltaic construction integration market [4][5] - A significant project includes the 110MW agricultural photovoltaic power station, which combines green energy with modern agriculture, expected to enhance the company's photovoltaic generation capacity and revenue [5] Production Capacity - The company has six production bases located in Zhejiang, Sichuan, Tianjin, and Guangzhou, with a current steel structure production capacity of approximately 600,000 tons, projected to reach 700,000 tons in the future [6] Accounts Receivable Management - The company emphasizes the collection of accounts receivable through various channels, including credit assessments and legal actions against severely defaulting clients [7] - The main clients are government entities and large state-owned enterprises, with positive national debt reduction measures expected to improve local governments' financial capabilities, aiding in faster accounts receivable recovery [7]