中山大洋电机股份有限公司 中山大洋电机股份有限公司 独立董事 2024 年度述职报告 各位股东： 作为中山大洋电机股份有限公司（以下简称"公司"）的独立董事，本人根据《中 华人民共和国公司法》《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》《上市公司独立董事管理办法》等有关法律、法规和规范性文件及《公司 章程》《独立董事工作制度》等公司内控制度的规定和要求，忠实履行职责，充分发挥 独立董事的作用，勤勉尽责，维护了公司整体利益，保护了全体股东尤其是中小股东的 合法权益。现将本人 2024 年度履行独立董事职责情况汇报如下： 一、独立董事的基本情况 本人刘奕华，1956 年出生，硕士研究生学历，英国工程师议会认定特许工程师，英 国皇家特许计量及控制学会（IstMC）会士，广东省自动化学会理事长、广东省机械工 程学会常务副理事长兼秘书长，兼任广东工业大学兼职教授、硕士生导师、中国机械工 程学会理事等多项职务。2019 年 5 月至今，担任公司独立董事。 经自查，本人符合《上市公司独立董事管理办法》《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》等相关法律法规中对独 ...

中山大洋电机股份有限公司 中山大洋电机股份有限公司 董 事 会 2025 年 4 月 26 日 中山大洋电机股份有限公司 1 董事会关于独立董事独立性自查情况的专项意见 根据中国证券监督管理委员会《上市公司独立董事管理办法》《深圳证券交易所股 票上市规则》《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》等要求，中山大洋电机股份有限公司（以下简称"公司"）董事会，就公司在任独 立董事刘奕华先生、石静霞女士、侯予先生、郑馥丽女士的独立性情况进行评估并出具 如下专项意见： 经核查独立董事刘奕华先生、石静霞女士、侯予先生、郑馥丽女士的任职经历以及 签署的相关自查文件，上述人员未在公司担任除独立董事以外的任何职务，也未在公司 主要股东公司担任任何职务，与公司以及主要股东之间不存在利害关系或其他可能妨碍 其进行独立客观判断的关系，不存在影响独立董事独立性的情况，符合《上市公司独立 董事管理办法》《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》中对独立董事独立性的相关要求。 ...

| 持有数量(万股) 名称 | | 占总股本比 | 增减情况 | | --- | --- | --- | --- | | | | 例(%) | (万股) | | 鲁楚平 | 15339.80 | 8.37 | 不变 | | 香港中央结算有限公司 | 9743.88 | 5.32 | 1279.28 | | 贡俊 | 5159.12 | 2.81 | -340.88 | | 徐海明 | 3492.18 | 1.90 | 不变 | | 石河子市庞德大洋股权投资合伙企业(有限合伙) | 2804.18 | 1.53 | -455.00 | | 平安基金-浦发银行-平安大华浦发广州汇垠澳丰8号特定 客户资产管理计划 | 2199.16 | 1.20 | 不变 | | 熊杰明 | 1993.48 | 1.09 | 不变 | | 程建华 | 1832.50 | 1.00 | 不变 | | 宁波韵升（600366）股份有限公司 | 1688.88 | 0.92 | 不变 | | 鲁三平 | 1459.14 | 0.80 | 新进 | | 较上个报告期退出前十大股东有 | | | | | 南方中证1000ETF | 1946 ...

Financial Performance - The company reported a revenue of 2.5 billion RMB for the fiscal year 2024, representing a year-over-year growth of 15%[22]. - The company's operating revenue for 2024 reached ¥12,113,408,111.24, representing a 7.31% increase compared to ¥11,288,224,085.92 in 2023[26]. - Net profit attributable to shareholders for 2024 was ¥887,549,113.20, a significant increase of 40.82% from ¥630,263,736.62 in 2023[26]. - The net profit after deducting non-recurring gains and losses for 2024 was ¥836,567,560.53, up 48.12% from ¥564,806,307.26 in 2023[26]. - The net cash flow from operating activities for 2024 was ¥2,472,959,787.76, an increase of 27.46% compared to ¥1,940,228,040.98 in 2023[26]. - The total assets at the end of 2024 were ¥17,941,361,026.95, reflecting an 11.48% increase from ¥16,094,258,484.29 at the end of 2023[26]. - The basic earnings per share for 2024 was ¥0.37, a 42.31% increase from ¥0.26 in 2023[26]. - The weighted average return on equity for 2024 was 9.87%, up from 7.41% in 2023, indicating improved profitability[26]. - The company achieved a sales revenue of approximately ¥1.83 billion from new energy vehicle powertrain systems during the reporting period[73]. - The vehicle rotating electrical appliances business generated revenue of 311,929.04 million yuan, marking an 11.20% increase year-on-year, achieving a historical high[91]. Dividends and Shareholder Returns - The company plans to distribute a cash dividend of 1.30 RMB per 10 shares (including tax) to all shareholders, with no bonus shares issued[14]. - For the 2024 semi-annual profit distribution, the company approved a cash dividend of 0.6 CNY per 10 shares (including tax), totaling 144 million CNY distributed[196]. - The total cash dividend distributed, including other methods, amounted to approximately 460 million CNY, representing 100% of the total profit distribution[198]. - The company has established a shareholder return plan for 2024-2026, focusing on sustainable development while ensuring reasonable returns to investors[195]. - The cash dividend distribution plan was approved in the board meetings held on April 19, 2024, and June 18, 2024[196]. Business Expansion and Market Presence - The company has expanded its business into the automotive and hydrogen sectors, covering products such as electric motors for building ventilation, fuel vehicle rotating electrical appliances, and hydrogen fuel cell systems[11]. - The company operates in over 80 countries and regions, facing international trade risks due to fluctuating commodity prices and geopolitical tensions[7]. - The company is expanding its market presence in North America, with plans to increase production capacity by 30% in the next fiscal year[22]. - The company has established subsidiaries and production bases in various countries including the USA, Mexico, UK, Vietnam, India, Morocco, and Thailand, enhancing its global market competitiveness[81]. - The company is actively expanding its product applications in emerging areas such as data centers and energy storage, which are expected to drive further business growth[46]. Research and Development - Research and development investments have increased by 25%, focusing on electric vehicle components and hydrogen fuel cell technology[20]. - The company has applied for a total of 4,258 patents, including 370 PCT patents, with 3,232 authorized patents as of December 31, 2024[74]. - The company has established three national laboratories and three CNAS-certified laboratories, enhancing its R&D capabilities[75]. - The company is focusing on the integration of electric drive systems and hydrogen fuel cell technologies to create a complete industrial chain[77]. - The company is committed to improving the quality and automation of its electric drive assembly R&D processes through various technology platform projects[89]. Strategic Acquisitions and Partnerships - The company has made acquisitions to improve its competitive position, including Wuhu Jienuori and Shanghai Electric Drive, which have resulted in goodwill that may face impairment risks if future performance does not meet expectations[14]. - A strategic acquisition of a local competitor is in progress, aimed at enhancing the company's technological capabilities and market share[22]. - The company has established strategic partnerships with leading domestic and international brands, enhancing its market competitiveness and customer satisfaction[55]. - The company has established partnerships with numerous Fortune 500 companies, enhancing its market presence and customer service efficiency globally[142]. Operational Efficiency and Cost Management - The company is enhancing its human resources policies to address rising labor costs and is focusing on automation and digital transformation to improve efficiency[5]. - The company aims to reduce production costs by 5% through improved supply chain management and operational efficiencies[22]. - The company emphasizes digital transformation in its production model, utilizing advanced digital technologies to improve production efficiency and reduce costs[55]. - The company has established a unified supplier management system to enhance supply chain efficiency and reduce procurement costs[54]. - The company is committed to lean production and quality management, aiming for high quality, high efficiency, and low cost in its manufacturing processes[55]. Market Trends and Industry Insights - The home appliance market in China has transitioned from an "incremental era" to a focus on both incremental and stock markets, emphasizing quality upgrades and high-end, integrated, and smart products[37]. - In 2024, the Chinese government introduced policies to stimulate home appliance consumption, including expanding the scope of subsidies for replacing old appliances, which is expected to significantly boost market demand[38]. - The automotive industry is facing challenges such as insufficient consumer confidence and intensified competition, but supportive policies are expected to release market potential and drive recovery[40]. - The rapid development of the NEV market is supported by policies and reflects a shift in consumer preferences from traditional fuel vehicles to electric vehicles[41]. - The trend towards high-end, intelligent, and energy-efficient products in the home appliance market is becoming more pronounced, with increasing demand for mid-to-high-end products[38]. Governance and Compliance - The company has a well-defined organizational structure and governance framework, ensuring efficient and compliant operations[163]. - The company maintains complete independence from its controlling shareholders in terms of assets, personnel, finance, organization, and business operations[161]. - The company has established an independent financial management department and audit management department, ensuring financial accounting independence and accuracy[163]. - The company has received an A grade in information disclosure evaluations for two consecutive years, reflecting continuous improvement in disclosure quality and transparency[154]. - The company is committed to maintaining compliance with relevant laws and regulations during its operations[182].

Financial Performance - The company's operating revenue for Q1 2025 reached ¥3,161,751,095.05, representing a 16.16% increase compared to ¥2,721,806,723.84 in the same period last year[5] - Net profit attributable to shareholders was ¥284,448,537.65, a 36.52% increase from ¥208,357,199.17 year-on-year[5] - The net profit after deducting non-recurring gains and losses was ¥280,421,016.04, up 42.82% from ¥196,342,214.60 in the previous year[5] - Operating profit for the current period was ¥352,820,251.90, up 38.8% from ¥254,432,968.57 in the previous period[22] - The basic earnings per share for the current period was ¥0.12, compared to ¥0.09 in the previous period, reflecting a 33.3% increase[22] Cash Flow - The company's cash flow from operating activities increased by 24.79% to ¥234,023,526.91 from ¥187,535,596.84 in the same period last year[5] - The net cash flow from operating activities increased by 24.79% to ¥234.02 million compared to the same period last year, primarily due to increased sales and faster cash turnover[14] - Total cash inflow from operating activities reached $3.15 billion, up from $2.78 billion, reflecting a growth of 13.2%[24] - Cash outflow for operating activities was $2.91 billion, an increase of 12.1% from $2.60 billion[24] - The company reported a net increase in cash and cash equivalents of $261.77 million, down from $1.17 billion in the previous period[24] Assets and Liabilities - Total assets at the end of the reporting period were ¥18,257,932,101.80, a 1.76% increase from ¥17,941,361,026.95 at the end of the previous year[5] - Total liabilities increased slightly to ¥8,531,783,807.29 from ¥8,517,282,315.69, indicating a marginal rise of 0.2%[20] - The total equity attributable to the parent company increased to ¥9,593,442,919.22 from ¥9,292,695,179.31, representing a growth of 3.2%[20] Investment and Shareholder Information - The company reported a significant increase in investment income, which rose by 66.92% to ¥3,597.41 million compared to ¥2,155.16 million in the same period last year[12] - The total number of ordinary shareholders at the end of the reporting period was 130,966, with the largest shareholder holding 25.15% of the shares[16] - The largest shareholder, Lu Chuping, holds 613,591,916 shares, with 64 million shares pledged[16] Inventory and Management - The company improved its inventory management, resulting in a decrease in asset impairment losses, which positively impacted overall performance[10] - Inventory decreased to ¥1.93 billion from ¥2.02 billion, suggesting improved inventory management[18] Future Plans and Development - The company plans to continue enhancing resource coordination and digital investment to improve management efficiency and profitability in the future[10] - The company is focusing on expanding its market presence and enhancing its product offerings through new technology development[14] Research and Development - Research and development expenses for the current period were ¥163,113,472.48, up from ¥146,927,573.73, marking an increase of 11.0%[21]

Core Viewpoint - Tesla's production of humanoid robots, "Optimus," is impacted by China's export controls on rare earth materials, specifically affecting the supply of rare earth magnets necessary for the robots' servo motors [1][2][3]. Group 1: Impact of Export Controls - China's Ministry of Commerce announced export controls on seven categories of heavy rare earth materials, including samarium, gadolinium, and dysprosium, effective April 4 [3]. - The purpose of these controls is to safeguard national security and fulfill international obligations, reflecting China's commitment to maintaining global peace and stability [3]. Group 2: Demand for Rare Earth Materials - Tesla plans to produce thousands of "Optimus" robots this year, with each robot requiring approximately 3.5 kg of high-performance neodymium-iron-boron magnets [3][10]. - The demand for rare earth materials in humanoid robots is projected to be significant, with Goldman Sachs predicting that humanoid robot shipments could reach 890,000 units by 2030, representing a compound annual growth rate of 53% from 2025 to 2030 [9][10]. Group 3: Market Reaction - Following the announcement of export controls, rare earth permanent magnet stocks surged, with companies like Jinli Permanent Magnet and Longmag Technology seeing significant stock price increases of over 10% and 7.79%, respectively [4][6][7].

一、行情 国内稀土开采总量控制指标增速放缓，叠加缅甸稀土矿进口情况仍不稳定，稀土供给端或难有增量。稀土磁材供需格局继续改善可 期，2025年稀土磁材有望重塑新周期。根据中国稀土行业协会，截至2025年3月25日，稀土价格指数为181.96，较2024年末上涨 11.12%；稀土价格回升，将有望带来稀土永磁材料价格的同步上涨。另外，"两新"政策驱动下，新能源汽车、家电等需求量有望增 长，进而带来稀土永磁材料需求增加。（国联民生） *免责声明：文章内容仅供参考，不构成投资建议 4月22日，环球时报援引路透社报道，美国特斯拉首席执行官埃隆·马斯克当天表示，公司的"擎天柱"（Optimus）人形机器人的量产计 划会受到中国稀土出口管制措施的影响。为此，他表示，特斯拉正在积极申请中国稀土永磁材料的出口许可。 三、机构解读 高性能钕铁硼永磁材料是机器人伺服电机的核心材料。公开资料显示，单台人形机器人通常需要40个以上伺服电机，每个电机需要50 到100克钕铁硼材料，总用量可达2至4千克。以特斯拉的"擎天柱"为例，单台机器人需要约3.5千克高性能钕铁硼。（证券时报） 马斯克预测人形机器人需求将达100亿台，远超汽车，如果机 ...

中山大洋电机股份有限公司 证券代码：002249 证券简称： 大洋电机 公告编号： 2025-015 中山大洋电机股份有限公司 关于回购公司股份的进展公告 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。 中山大洋电机股份有限公司（以下简称"公司"）于 2024 年 11 月 11 日召开第六 届董事会第二十四次会议，审议通过了《关于回购公司股份方案的议案》，同意公司使 用自有资金及股票回购专项贷款资金通过二级市场以集中竞价交易方式回购公司部分 社会公众股份，用于后续员工持股计划或股权激励计划。本次回购的资金总额不低于人 民币 12,000 万元且不超过人民币 20,000 万元，回购价格不超过人民币 7 元/股。回购期 限为自公司董事会审议通过回购方案之日起 12 个月内。具体内容详见公司分别于 2024 年 11 月 13 日和 2024 年 11 月 19 日在《中国证券报》《证券时报》《证券日报》《上 海证券报》及巨潮资讯网（www.cninfo.com.cn）上刊载的《关于回购公司股份方案暨取 得专项贷款支持的公告》（公告编号：2024-105）、《回 ...

此外，3月25日，vivo宣布正式成立机器人Lab（实验室），聚焦个人和家庭场景机器人的开发。3月26 日，智元举办首届供应商大会，汇聚百余家合作伙伴，涵盖核心零部件、系统集成及场景应用等环节。 据央视财经，乐聚机器目前订单已经排到了五六月份。行业头部企业研发和产业化加速。 国元证券指出，2025年人形机器人产量正逐步释放，海外端，特斯拉年初人形机器人量产数千台指引正 逐步兑现，FigureBotQ机器人工厂通过自主建厂、智能化生产等措施计划首年生产1.2万台机器人，国 内主要人形机器人厂商大多亦给出上千台指引，量产过程中最先受益的是零部件及上游设备，丝杠、减 速器等核心零部件供应商及对应上游设备厂商有望核心收益。 国金证券认为，当前特斯拉为代表的巨头供应链仍然是最核心投资主线，考虑3-4月灵巧手发布的事件 催化，重点关注：灵巧手的边际变化，即微型丝杠和触觉传感器；关注宇树新发布灵巧手供应链，华为 链关注极目机器人的发布进展；关注低估值细分赛道头部公司估值重塑：长期格局看，细分赛道头部公 司胜率仍然是最高的。 人形机器人概念2日盘中再度活跃，截至发稿，大洋电机（002249）涨停，江南奕帆（301023）涨近 ...

截至发稿，大洋电机涨停，双林股份、肇民科技、江苏北人、江南奕帆、三丰智能等涨幅居前。 中信建投指出，当前机器人存在技术、量产、应用等多方面迭代进程，产业趋势未变，机器人依然是本 轮科技变革、AI变革的交汇点。现在已经看到机器人的应用环节正在爆发，从产业边际角度看将是今 年增量最大的方向。关注三类公司：①头部本体厂商，技术领先和规模降本，将出现显著的马太效应； ②零部件层面具备持续降本的公司（尤其是灵巧手、电子皮肤、轻量化、电控、大模型）。技术能够带 来机器人性能突破的公司，比如视触觉电子皮肤等；③本体百花齐放下，本身就具备应用场景的环节。 类比AI，入口会具备持续价值，比如工厂、矿山等。 | 代码 | 名称 | 涨幅量 | 现价 | | --- | --- | --- | --- | | 301023 | 江南突帆 | +12.06% | 68.86 | | 002249 | 大洋电机 | +10.04% | 7.67 | | 301000 | 肇民科技 | +9.04% | 43.49 | | 300100 | 双林股份 | +8.52% | 66.72 | | 603072 | 天和磁材 | +6.09% ...