具体内容详见 2025 年 4 月 11 日证券时报、证券日报、中国证券报、上海证券报、巨潮资 讯网（http://www.cninfo.com.cn）刊登的《关于独立董事任期届满辞职暨补选独立董事和调整 董事会专门委员会的公告》（公告编号：2025-020）。 （二）以 9 票同意、0 票反对、0 票弃权审议通过《关于调整公司第六届董事会专门委员 会委员的议案》。 证券代码：002233 证券简称：塔牌集团 公告编号：2025-021 广东塔牌集团股份有限公司 第六届董事会第十六次会议决议公告 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。 根据《广东塔牌集团股份有限公司章程》（以下简称"《公司章程》"）以及《董事会议 事规则》的相关规定，广东塔牌集团股份有限公司（以下简称"公司"）于 2025 年 4 月 3 日以 短信方式向全体董事发出了《关于召开第六届董事会第十六次会议的通知》。2025 年 4 月 10 日，公司在总部办公楼四楼会议室以现场会议方式召开了第六届董事会第十六次会议。会议 由公司董事长钟朝晖先生主持。本次会议应出席董事 9 位，实际出席董 ...

Investment Rating - The industry investment rating is "Leading the Market-A" [5] Core Viewpoints - Recent price increases in cement across various regions are expected to benefit from increased infrastructure investment [1][10] - The demand for cement is recovering, supported by effective peak-shifting production strategies and low inventory levels, leading to rising prices [3][10] - The cement industry is experiencing a gradual recovery in profitability due to strategic changes among leading companies and improved market conditions [8][10] Summary by Sections Price Increases - Multiple regions have announced price hikes for cement, with increases ranging from 10 to 100 CNY per ton in various areas [1] - As of April 4, 2025, the average prices for PO42.5 bulk cement (including tax) in different regions were reported, showing increases compared to previous lows [2] Demand and Supply Dynamics - National cement production in January-February 2025 was 171 million tons, a year-on-year decrease of 5.7%, but the decline is less severe compared to 2024 [3] - The operating rate of cement kilns in March was reported at 40.1%, a month-on-month increase of 12.5 percentage points, indicating improved production efficiency [3] Cost Factors - The average price of thermal coal has been declining, which supports improved profitability for cement companies as cement prices rise [3] Future Outlook - The cement demand is expected to continue recovering due to increased infrastructure investment and supportive government policies [9][10] - The industry is likely to see ongoing supply-side optimization policies that will help alleviate supply-demand imbalances and support price increases [9][10]

Core Viewpoint - The Guangdong Tapai Group Co., Ltd. has successfully held the first meeting of the 2024 Employee Stock Ownership Plan (ESOP), where all attendees approved the establishment of a management committee and the election of its members, as well as the authorization of the committee to manage the ESOP [1][3][4]. Group 1 - The first meeting of the 2024 ESOP was held on March 28, 2025, with 555 attendees representing 26,357,094.92 shares, accounting for 100% of the total shares in the plan [1][2]. - The management committee for the 2024 ESOP was established, consisting of three members, including the chairman of the company, and will serve for the duration of the ESOP [1][3]. - The committee was authorized to handle various matters related to the ESOP, including convening meetings, managing the plan, exercising shareholder rights, and overseeing the distribution of plan benefits [4][5]. Group 2 - The 2024 ESOP involves the acquisition of 3,370,472 shares at a price of 7.82 yuan per share, sourced from repurchased shares [5][8]. - The total subscription amount for the ESOP was 26,357,091.04 yuan, funded by the net amount after withholding individual income tax from the employees' incentive bonuses [7][8]. - The ESOP has a basic duration of 96 months and a lock-up period of 12 months, starting from the date of stock registration [8][15]. Group 3 - The management committee of the ESOP operates independently from the company's controlling shareholders and senior management, ensuring no conflicts of interest [9]. - The ESOP's accounting treatment follows the relevant accounting standards, with no share-based payment expenses incurred as the acquisition price equals the fair value on the grant date [10]. - The company will continue to monitor the implementation of the ESOP and fulfill its disclosure obligations as required by law [16].

Core Viewpoint - The announcement details the completion of the non-trading transfer of shares under the 2024 employee stock ownership plan by Guangdong Tapai Group Co., Ltd, highlighting the plan's structure, funding, and management [1][2][3]. Group 1: Employee Stock Ownership Plan Details - The 2024 employee stock ownership plan involves the acquisition of 3,370,472 shares at a price of 7.82 yuan per share, sourced from repurchased shares or purchased in the secondary market [1][2]. - The total subscription amount for the employee stock ownership plan is 26,357,091.04 yuan, funded by the net amount after withholding individual income tax from the 2024 incentive bonuses [2]. - The shares transferred to the employee stock ownership plan account represent 0.28% of the company's total share capital, with a lock-up period of 12 months starting from the date of registration [2][3]. Group 2: Management and Governance - The management committee for the employee stock ownership plan consists of members who have also participated in previous rounds of the plan, indicating a continuity in governance [3][4]. - There are no other related party relationships between the employee stock ownership plan and the company's controlling shareholders, directors, supervisors, or senior management, ensuring independent operation [3][4]. - The accounting treatment for the employee stock ownership plan follows the relevant accounting standards, recognizing the cost of services received in exchange for equity instruments [4][5].

证券代码：002233 证券简称：塔牌集团 公告编号：2025-016 广东塔牌集团股份有限公司 关于 2024 年员工持股计划非交易过户完成的公告 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。 广东塔牌集团股份有限公司（以下简称"公司"）于 2024 年 3 月 14 日召开的第六届董事 会第九次会议和 2024 年 4 月 10 日召开的 2023 年年度股东大会审议通过《关于〈2024-2026 年（第二轮）员工持股计划（草案）〉及其摘要的议案》（以下简称"第二轮员工持股计划"）。 2024 年员工持股计划具体方案内容包含在《2024-2026 年（第二轮）员工持股计划（草案）》。 具体内容详见公司发布的相关公告。 根据中国证监会《关于上市公司实施员工持股计划试点的指导意见》、《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》相关规定，现将公司 2024 年员工 持股计划实施进展情况公告如下： 一、2024 年员工持股计划的股票来源及数量 根据《关于<2024-2026 年（第二轮）员工持股计划（草案）>及其摘要的议案》项下的 ...

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。 广东塔牌集团股份有限公司（以下简称"公司"）于2023年3月16日召开的第六届董事会 第三次会议和2023年4月10日召开的2022年年度股东大会审议通过《关于〈第六期员工持股计 划〉的议案》，同意公司实施第六期员工持股计划。具体内容详见公司发布的相关公告。 证券代码：002233 证券简称：塔牌集团 公告编号：2025-018 广东塔牌集团股份有限公司 关于第六期员工持股计划锁定期届满的提示性公告 根据中国证监会《关于上市公司实施员工持股计划试点的指导意见》、《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》、《广东塔牌集团股份有限公司第 六期员工持股计划》相关规定，公司第六期员工持股计划锁定期将于2025年3月28日届满，现 将本期员工持股计划锁定期届满等相关信息公告如下： 一、第六期员工持股计划的持股情况和锁定期 根据公司《第六期员工持股计划》的相关规定，第六期员工持股计划锁定期为 12 个月， 自公司公告标的股票登记至当期员工持股计划之日起计算，即自 2024 年 3 月 29 日起至 ...

Investment Rating - The report initiates coverage with a "Buy" rating for the company [9]. Core Views - The company has a strong market presence in the East Guangdong region, with over 50 years in the cement industry, leading to high brand recognition and market share [1]. - In 2024, the cement industry is expected to face downward pressure, with national fixed asset investment projected to grow by 3.2% and real estate development investment declining by 10.6% [1]. - Despite industry challenges, the company demonstrates operational resilience, with cement sales of 1,585.9 million tons in 2024, a decrease of 10.1% year-on-year, and a revenue of 4.28 billion yuan [2]. - The company plans to maintain a high dividend payout, with a proposed dividend of 0.45 yuan per share for 2024, totaling 5.37 billion yuan [2]. - The cement industry is set to be included in the carbon market, which may help advanced companies recover profitability by eliminating outdated production capacity [3]. Summary by Sections Company Overview - The company has established a significant market share in the East Guangdong cement market, with production bases in Meizhou, Huizhou, and Longyan [1]. Market Conditions - In 2024, the cement consumption in Guangdong is expected to decline by 10.7%, with a total consumption of 13.82 million tons [1]. - The overall cement production in China is projected to decrease by 9.5% to 1.83 billion tons [1]. Financial Performance - The company reported a revenue of 4.28 billion yuan in 2024, with a net profit of 540 million yuan, reflecting a decrease of 27.5% year-on-year [4]. - The estimated cement price per ton is 238.2 yuan, down 16.1% year-on-year, with a gross margin of 22.1% [2]. Future Projections - The company aims for cement sales of over 1.63 million tons in 2025, with a target net profit of 530 million yuan [3]. - Revenue projections for 2025 to 2027 are estimated at 4.16 billion yuan, 4.10 billion yuan, and 4.02 billion yuan, respectively, with a slight decline each year [3].

以下文章来源于e公司 ，作者证券时报 聂英好 e公司 . e公司，证券时报旗下专注上市公司新媒体产品，立志打造A股上市公司资讯第一平台。提供7x24小时上市公司标准化快讯，针对可能影响上市公司股价 的主题概念、行业事件及时采访二次解读，从投资者需求出发，直播上市公司有价值的活动、会议。 过去一周（3月17日—3月21日），机构调研热情不减，截至3月21日收盘，共有137家上市公司披露机构调研纪要，塔牌集团、盛美上海两家公 司接受超百家机构调研。 从赚钱效应来看，上周机构调研个股跌多涨少，仅有超三成公司实现正收益。天海防务以25.23%涨幅位居榜首，聚杰微纤、海油工程、恒辉安防、科兴制药 等七家公司涨超10%。 从热门调研标的来看，塔牌集团为当之无愧的机构调研"香饽饽"，周内共接受6次机构"叩门"，参与调研的机构达154家。塔牌集团是一家以水泥为主业的集 团公司，主要从事各类硅酸盐水泥、预拌混凝土的生产和销售。 市场近期较为关注工业和信息化部出台的超产管控政策，在调研中，机构问及塔牌集团7条4500t/d以上新型干法旋窑水泥熟料生产线是否能符合产能管控要 求，以及该公司是否有补产能计划。 塔牌集团介绍，该公司2 ...

Investment Rating - The report maintains a "Buy" rating for the company [5][8]. Core Views - The company achieved a total revenue of 4.278 billion yuan and a net profit attributable to shareholders of 538 million yuan for the year 2024, reflecting a year-on-year decline of 22.71% and 27.46% respectively. However, the fourth quarter showed a significant recovery in non-recurring profit, with a net profit of 157 million yuan, up 23.41% year-on-year [1][2]. - The cement and clinker sales revenue decreased by 25% to 3.9 billion yuan, with a sales volume drop of 10% to 16.59 million tons. Despite this, the sales volume of high-grade cement increased by 27% [2]. - The non-cement business showed impressive growth, with revenues from limestone, waste disposal, and photovoltaic power generation increasing by 78%, 100%, and 108% respectively [3]. - The company reported an overall gross margin of 22.14%, down 4.13 percentage points year-on-year, while the net profit margin was 12.93%, a decrease of 0.61 percentage points [4]. Summary by Sections Financial Performance - The company reported a total revenue of 4.278 billion yuan for 2024, with a year-on-year decline of 22.71%. The net profit attributable to shareholders was 538 million yuan, down 27.46% year-on-year. The fourth quarter saw a revenue of 1.347 billion yuan and a net profit of 157 million yuan, marking a year-on-year increase of 23.41% [1][2]. - The gross margin for the year was 22.14%, with a net profit margin of 12.93% [4]. Business Segments - Cement and clinker sales revenue fell by 25% to 3.9 billion yuan, with a sales volume decrease of 10% to 16.59 million tons. However, high-grade cement sales volume increased by 27% [2]. - Non-cement business segments, including limestone and waste disposal, saw significant growth, with revenues increasing by 78% and 100% respectively [3]. Cash Flow and Dividends - The company is expected to distribute a total cash dividend of 537 million yuan for 2024, with a dividend payout ratio of 99.74%, reflecting a high dividend yield of approximately 5.9% [5].