证券代码:002233 证券简称:塔牌集团 广东塔牌集团股份有限公司投资者关系活动记录表 编号:2023-010 特定对象调研 □分析师会议 □媒体采访 业绩说明会 投资者关系活动 □新闻发布会 □路演活动 类别 □现场参观 □其他 (请文字说明其他活动内容) 参与单位名称及 人员姓名 中泰证券 刘毅男 时间 2023 年 9 月 22 日 地点 公司总部办公室 上市公司接待人 员姓名 赖宏飞,陈雄威,宋文花 1、从今年披露的半年报看,水泥行业效益大幅下滑,公司上半 年仍取得非常突出的成绩,请问主要是什么原因? 答:今年上半年,针对水泥行业形势新情况新变化,公司一方面 加强了市场端管控和建设,科学应对,精准施策,进一步巩固公司市 投资者关系活动 场份额;另一方面继续加强内部经营管理工作,扎实推进降本增效工 主要内容介绍 作,强化成本管控,深化对标对表,加强煤炭价格趋势研判和优化采 购节奏,继续精简机构和优化人员,建立和完善弹性薪酬体系,不断 降低生产成本和压降运营费用,加快固废项目建设和运营管理,逐步 出清低效产能和关停低质企业,助力公司瘦身强体和轻装上阵,进一 步提升公司竞争力。 1 多措并举、综合施策下, ...

Group 1: Financial Performance - The company's net profit attributable to shareholders increased by 178% year-on-year in the first half of 2023, driven by effective market management and cost control measures [4] - Cement sales volume rose by 12.51% year-on-year, while the average selling price of cement decreased by 2.53% [5] - The average cost of cement sales decreased by 12.36%, leading to an increase in the overall gross margin from 20.44% to 27.91%, a rise of 7.47 percentage points [5] Group 2: Market Conditions and Challenges - The cement industry is currently facing rising costs and declining demand, with overall industry performance characterized by "cost increases, demand decreases, and declining efficiency" [4] - The company anticipates that the real estate market will continue to experience slow recovery, impacting cement demand negatively [8] - Increased rainfall and the influx of low-priced cement from outside the province are exacerbating market demand shrinkage [5] Group 3: Strategic Initiatives - The company is actively pursuing new industries, including biotechnology projects, to cultivate new economic growth points [5] - Plans to enhance operational efficiency include the establishment of smart factories and green factories, as well as the promotion of waste disposal projects [6] - The company is considering mergers and acquisitions to strengthen its core cement business, depending on market conditions and resource availability [2] Group 4: Shareholder Engagement and Stock Management - The company has a significant amount of cash assets and is focused on improving the yield of these assets while maintaining liquidity and risk control [7] - As of June 30, 2023, the company held 25.647 million shares in treasury stock, which were primarily intended for employee stock ownership plans [3] - The company has not conducted stock buybacks in 2023 due to the existing large volume of treasury shares [3]

证券代码:002233 证券简称:塔牌集团 公告编号:2023-040 1 广东塔牌集团股份有限公司 关于参加 2023 广东辖区上市公司投资者网上集体接待日活动的公告 本公司及董事会全体成员保证信息披露内容的真实、准确、完整,没有虚假记载、误 导性陈述或重大遗漏。 为进一步加强与投资者的互动交流,广东塔牌集团股份有限公司(以下简称"公司") 将参加由广东证监局、广东上市公司协会联合举办的"2023广东辖区上市公司投资者网上 集体接待日活动",现将相关事项公告如下: 本次投资者网上集体接待日活动将采用网络远程的方式举行,投资者可登录"全景路演" 网站( https://rs.p5w.net )参与本次互动交流,活动时间为2023年9月19日(周二)15:45-17:00。 届时公司董事长钟朝晖先生,董事、总经理何坤皇先生,董事、副总经理、财务总监、 董事会秘书赖宏飞先生等将在线就公司业绩、公司治理、发展战略、经营状况、可持续发 展等投资者关心的问题,与投资者进行沟通与交流,欢迎广大投资者踊跃参与! 特此公告 广东塔牌集团股份有限公司董事会 2023 年 9 月 15 日 ...

证券代码：002233 证券简称：塔牌集团 广东塔牌集团股份有限公司投资者关系活动记录表 编号：2023-008 | --- | --- | --- | |----------------|---------------|-------------| | | □特定对象调研 | □分析师会议 | | | □媒体采访 | 业绩说明会 | | 投资者关系活动 | □新闻发布会 | □路演活动 | | 类别 | □现场参观 | | 其他 （电话会议） 第一场：国泰君安、MIGHTY DIVINE (HK) LIMITED、招银理财有 限责任公司、光大保德信基金管理有限公司、华泰柏瑞基金管理有限 公司、PRUDENCE INVESTMENT MANAGEMENT (HONG KONG) LIMITED、中银基金管理有限公司、长城基金管理有限公司、合煦智 远基金管理有限公司、淳厚基金管理有限公司、景顺长城基金管理有 限公司、北京成泉资本管理有限公司、上海聚鸣投资管理有限公司、 上海慎知资产管理合伙企业（有限合伙）、成都廪实私募基金管理有 限公司、润晖投资管理香港有限公司、上汽颀臻（上海）资产管理有 限公司、大成基金管理 ...

Financial Performance - The company's operating revenue for the first half of 2023 was CNY 2,870,894,389.47, representing a 10.72% increase compared to CNY 2,593,030,526.66 in the same period last year[22]. - Net profit attributable to shareholders of the listed company reached CNY 485,748,095.91, a significant increase of 178.03% from CNY 174,709,477.43 in the previous year[22]. - The net profit after deducting non-recurring gains and losses was CNY 389,322,793.61, up 89.65% from CNY 205,283,094.88 year-on-year[22]. - The net cash flow from operating activities was CNY 524,602,116.33, a turnaround from a negative cash flow of CNY -544,549,923.45 in the same period last year, marking a 196.34% improvement[22]. - Basic earnings per share increased to CNY 0.42, up 180.00% from CNY 0.15 in the previous year[22]. - Total assets at the end of the reporting period were CNY 13,047,508,626.54, reflecting a 1.62% increase from CNY 12,839,893,785.93 at the end of the previous year[22]. - Net assets attributable to shareholders of the listed company rose to CNY 11,692,175,506.11, a 3.52% increase from CNY 11,295,100,718.36 at the end of the previous year[22]. - The weighted average return on net assets was 4.22%, an increase of 2.72 percentage points from 1.50% in the previous year[22]. Market and Industry Insights - The company’s revenue is closely tied to macroeconomic conditions, fixed asset investment levels, and real estate market trends, which have shown a decline in real estate development investment by 7.9% year-on-year[33]. - The company has a strong market presence in the East Guangdong region, with a high brand recognition and market share[40]. - The company’s sales radius extends to the Guangdong-Hong Kong-Macao Greater Bay Area, which has stable and strong cement demand[40]. - The company reported a 5.5% year-on-year growth in GDP for the first half of the year, indicating a supportive economic environment for cement demand[33]. - The company ranks 16th in clinker production capacity among large cement enterprises in China, with a clinker capacity of 14.73 million tons[38]. Production and Sales - In the first half of the year, the company achieved cement sales of 8.1994 million tons, an increase of 12.51% year-on-year, and clinker sales of 434,600 tons, up 32.42% year-on-year[43]. - The average selling price of cement decreased by 2.53% year-on-year, while the average sales cost dropped by 12.36%, leading to an increase in gross margin from 20.44% to 27.91%, a rise of 7.47 percentage points[44]. - The company's cement production cost benefited from a 20.07% decrease in coal procurement prices during the reporting period[44]. Environmental and Sustainability Efforts - The company complies with various environmental protection laws and standards, including the Air Pollution Prevention and Control Law and the Environmental Protection Tax Law[115]. - The company’s subsidiary, Jiaoling Branch, emitted 1,081.56 tons of nitrogen oxides, with a concentration of 246.76 mg/m³, below the limit of 320 mg/m³[119]. - The company has obtained various environmental permits, including the National Pollutant Discharge Permit, valid until 2027 for Jiaoling Branch[116]. - The company has invested a total of 2,520.69 million RMB in environmental protection, including 367.29 million RMB for facility purchases, 616.57 million RMB for environmental taxes, and 1,536.82 million RMB for operational costs[132]. - The company achieved a power supply of 17,970 million kWh through waste heat power generation, reducing CO2 emissions by approximately 110,000 tons in the first half of the year[139]. Investment and Financial Management - The total amount of entrusted financial management reached 370,372.68 million yuan, with an outstanding balance of 241,476.36 million yuan[164]. - The company has consistently utilized self-owned funds for its investments, demonstrating a strong capital management strategy[166]. - The company is focused on maintaining a balance between risk and return in its investment portfolio[166]. - The company has a structured payment plan for its financial products, ensuring timely returns to investors[166]. - The company has a strong emphasis on floating income trust products, which are expected to provide competitive returns in the current market environment[180]. Employee Stock Ownership Plans - The second phase employee stock ownership plan holds 19,004,900 shares, accounting for 1.59% of the total share capital[106]. - The third phase employee stock ownership plan holds 20,605,400 shares, accounting for 1.73% of the total share capital[108]. - The total number of employees participating in the employee stock ownership plans across different phases includes 1,184 in the second phase, 1,212 in the third phase, 1,164 in the fourth phase, and 999 in the fifth phase[98][99]. - The financial impact of the employee stock ownership plans is recognized as share-based payment expenses, affecting the net profit during the amortization period[104]. Strategic Initiatives and Future Outlook - The company plans to strengthen its core cement business and enhance product competitiveness while exploring mergers and acquisitions in the regional market[88]. - The company aims to improve operational efficiency through digital transformation and lean management practices to reduce production costs[89]. - The company is actively pursuing new industries, including biotechnology projects, to create new growth points[91]. - Future guidance suggests a positive outlook with expected revenue growth driven by market expansion strategies[185]. - The company plans to explore potential mergers and acquisitions to enhance its competitive position in the market[185].

Group 1: Company Overview - The company operates eight new dry-process rotary kiln clinker production lines, with capacities of 10,000t/d and 2,500t/d at the Meizhou base, and two lines of 5,000t/d and one line of 4,500t/d at the Huizhou Longmen base, as well as two lines of 4,500t/d at the Fujian Longyan base [1] - The sales area for cement primarily covers regions around three major production bases, extending to areas such as Guangdong East, Shenzhen, Dongguan, Huizhou, Fujian Longyan, and Jiangxi [1] Group 2: Financial Performance - The company's management expenses decreased by 31.25% in 2022, attributed to macroeconomic downturns and real estate regulation effects, leading to reduced cement market demand and a significant decline in industry profitability [2] - Measures taken to reduce management expenses included organizational streamlining, staff optimization, and strict cost control [2] Group 3: Energy Efficiency and Environmental Initiatives - The company's clinker coal consumption is approximately 100 kg of standard coal per ton, which meets the energy efficiency benchmark level [2] - The company has been recognized as a leader in energy efficiency within the Guangdong cement industry and plans to achieve benchmark energy efficiency levels for its 5,000t/d clinker production lines within two years [2] Group 4: Waste Management and Renewable Energy Projects - The company is actively promoting waste disposal projects in cement kilns to reduce carbon emissions by utilizing high-calorific waste as fuel [3] - A total investment of 123 million yuan has been made in a distributed photovoltaic power generation system, achieving a capacity of 36.72MW [3] - Future plans include expanding photovoltaic projects and conducting feasibility studies for centralized photovoltaic construction [3] Group 5: Market Outlook - The company anticipates a slow recovery in the cement market for the second half of 2023, with a projected investment of approximately 1 trillion yuan in key projects in Guangdong [4] - Despite government support for infrastructure and real estate, the overall demand for cement is expected to decline, influenced by a sluggish recovery in the real estate sector [4]

Financial Performance - The company's operating revenue for Q1 2023 was CNY 1,313,528,450.10, an increase of 4.68% compared to CNY 1,254,747,443.68 in the same period last year[10] - Net profit attributable to shareholders for Q1 2023 reached CNY 232,839,267.80, a significant increase of 342.39% from CNY 52,632,460.64 in the previous year[10] - The net cash flow from operating activities was CNY 247,260,508.30, a turnaround from a negative cash flow of CNY -419,105,239.79 in the same period last year, representing a 159.00% improvement[10] - The company reported a significant increase in non-operating income from securities investments, contributing to the rise in net profit[13] - The company’s basic and diluted earnings per share for Q1 2023 were both CNY 0.2, a 300.00% increase from CNY 0.05 in the same period last year[10] - Operating profit for the reporting period was 309,599,627.23 yuan, a substantial increase from 81,913,884.39 yuan in the previous period[39] - Net profit attributable to shareholders of the listed company reached 232,839,267.80 yuan, up from 52,632,460.64 yuan year-on-year[39] Asset and Equity Changes - Total assets at the end of Q1 2023 were CNY 13,039,035,912.08, reflecting a 1.55% increase from CNY 12,839,893,785.93 at the end of the previous year[10] - The equity attributable to shareholders increased by 2.44% to CNY 11,571,104,151.75 compared to CNY 11,295,100,718.36 at the end of the previous year[10] - Non-current assets totaled 7,025,565,321.24 yuan, up from 6,793,529,072.81 yuan at the beginning of the year[39] - The company's retained earnings increased to CNY 6,057,663,059.91 from CNY 5,824,823,792.11, reflecting a growth of 4.0%[60] Cash Flow and Investments - The net cash flow from investing activities decreased by 69.45% to 14,066.78 million, mainly due to an increase in the scale of large deposits after the maturity of entrusted financial products[29] - The cash and cash equivalents increased by 150.89% to 39,961.49 million, primarily due to an increase in cash flow from operating activities[29] - The cash received from the disposal of fixed assets, intangible assets, and other long-term assets was CNY 20,375,908.00, a substantial increase from CNY 319,320.23 in the previous year[64] - The cash paid for the acquisition of fixed assets, intangible assets, and other long-term assets decreased by 39.38% to 9,300.82 million, indicating a reduction in capital expenditures[29] - The cash paid for taxes decreased to CNY 156,560,137.33 from CNY 252,735,337.98, a decline of 38.0% year-over-year[64] Sales and Production - The company produced 3.7158 million tons of cement in Q1 2023, a decrease of 4.93% year-on-year, while cement sales increased by 8.07% to 3.7659 million tons[13] - The company's cement sales volume increased by 8.07% year-on-year due to increased infrastructure investment and favorable weather conditions[47] - The average selling price of cement decreased by 3.57% year-on-year, but continued to rise compared to the previous quarter[47] - The average sales cost of cement decreased, offsetting the impact of a decline in cement prices, contributing to improved profitability[13] - The average sales cost of cement decreased by 5.16% year-on-year, leading to a slight improvement in profit margins[47] Tax and Non-Recurring Gains - The company reported a significant increase in income tax expenses, which rose by 251.41% to 7,495.17 million, attributed to improved profitability and a substantial increase in non-recurring gains[27] - Non-recurring gains increased significantly by 153 million yuan compared to the same period last year, influenced by a recovery in stock indices[47] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 64,843, with the largest shareholder holding 16.61% of the shares[30] - The minority shareholders' profit decreased by 31.49% to 77.07 million, mainly due to a decline in net profit from a subsidiary[27]

Production Capacity and Utilization - The company's target cement production and sales volume for 2023 is set at over 17.5 million tons, with an expected capacity utilization rate of over 80% [2][19]. - As of the end of 2022, the company had a significant number of treasury shares amounting to 27.3481 million shares, which are primarily intended for employee stock ownership plans [2][3]. Market Conditions and Financial Performance - In 2022, the national cement production decreased by 10.5%, while Guangdong province's cement consumption dropped by 19.91%, leading to a significant decline in market prices [3][10]. - The company's revenue for 2022 fell by 21.76%, with cement revenue specifically declining by 24.64%, resulting in a net profit drop of 85.50% [6][8]. - The average sales price of cement decreased by 18.35%, while the average cost of sales increased by 9.60% due to rising coal prices [4][6]. Strategic Financial Management - The company has opted to invest surplus funds in financial products and securities rather than repurchasing shares, aiming to maintain sufficient cash reserves for future opportunities and challenges [3][11]. - The company plans to continue its focus on core cement operations while exploring new industries, including biotechnology, to foster new growth points [10][14]. Industry Outlook and Future Plans - The company maintains an optimistic outlook for 2023, anticipating a stable demand for cement supported by ongoing infrastructure investments in Guangdong, projected at around 1 trillion yuan [5][8]. - The company is actively pursuing green transformation initiatives, including the construction of smart factories and the implementation of alternative fuel projects to reduce carbon emissions [10][12]. Cost Control and Efficiency Measures - The company emphasizes cost control through lean management practices, digital transformation, and optimizing procurement strategies to mitigate the impact of fluctuating coal and electricity prices [11][12]. - The company has implemented a comprehensive risk management framework for its financial investments, ensuring adherence to approved investment limits [13][14].