证券代码：002444 证券简称：巨星科技 公告编号：2025-022 杭州巨星科技股份有限公司 关于 2024 年度利润分配预案的公告（更新后） 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 一、审议程序 杭州巨星科技股份有限公司（以下简称"公司"）于 2025 年 4 月 21 日召开 第六届董事会第十二次会议、第六届监事会第八次会议，分别以 9 票赞成、0 票 反对、0 票弃权和 3 票赞成、0 票反对、0 票弃权审议通过了《关于公司 2024 年 度利润分配预案的议案》，上述议案尚需提交公司股东大会审议。 二、2024 年度利润分配预案的基本情况 经天健会计师事务所（特殊普通合伙）审计，公司（母公司）2024 年度实现 净利润 141,980.11 万元。根据《公司法》、《企业会计准则》及《公司章程》等 规定，公司拟按照 2024 年度实现净利润的 10%提取法定盈余公积 14,198.01 万 元，加上以前年度剩余可供分配利润为 560,092.80 万元，扣除 2024 年用于现金 股利分配 71,668.70 万元，实际可供股东分配的利润为 6 ...

◎记者 祁豆豆 在退市新规实施后的首个年报季，新修订的组合类财务退市指标正式"亮剑"，将一批净利润亏损且营收 不足3亿元的主板公司精准"圈出"，充分揭示这些公司持续经营能力羸弱的风险，部分公司因此被实施 退市风险警示（*ST），还有多家*ST公司将直接退市。 据上海证券报记者统计，截至4月29日21时，触发组合类财务退市指标的主板公司共有48家。初步来 看，触发该指标的公司所属行业以社会服务、机械设备、纺织服饰居多。从公司基本面看，多家公司亏 损年份超过3年，且主营业务多次转型仍效果不佳，个别公司甚至面临财务类、规范类、重大违法强制 类等多重退市风险。 上海市君和律师事务所律师季凌昊向记者表示，针对主板公司的组合类财务退市指标精准识别"壳公 司"，将加速"劣币"出清，有助于引导资金流向盈利稳定、基本面良好的公司。同时，退市新规的威慑 力也会倒逼上市公司"提质增效"，让更多上市公司专注于可持续性的核心竞争力的构建。 收紧营业收入指标 多家主板公司"披星戴帽" 4月29日，艾艾精工发布2024年年报，因公司2024年度经审计的扣除非经常性损益前后的净利润均为负 值，且扣除与主营业务无关的业务收入和不具备商业实质的 ...

证券代码：002444 证券简称：巨星科技 公告编号：2025-020 杭州巨星科技股份有限公司 第六届监事会第九次会议决议公告 本公司及监事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 杭州巨星科技股份有限公司（以下简称"公司"）第六届监事会第九次会议 通知于2025年4月18日以传真、电子邮件等方式发出，且全体监事均已书面确认 收到全部会议材料。会议于2025年4月29日在杭州市上城区九环路35号公司九楼 会议室以现场会议的方式召开。本次会议应出席监事3名，实际出席监事3名，本 次会议的召集、召开程序符合《中华人民共和国公司法》、《杭州巨星科技股份有 限公司章程》、《杭州巨星科技股份有限公司监事会议事规则》的有关规定。 本次会议由公司监事会主席盛桂浩先生主持，经全体与会监事认真审议，以 书面投票表决方式表决通过了以下决议： 一、审议通过《2025年第一季度报告》 经审议，监事会认为董事会编制和审核杭州巨星科技股份有限公司2025年第 一季度报告的程序符合法律、行政法规和中国证监会的规定，报告内容真实、准 确、完整地反映了上市公司的实际情况，不存在任何虚假记载、误导性 ...

证券代码：002444 证券简称：巨星科技 公告编号：2025-019 杭州巨星科技股份有限公司 第六届董事会第十三次会议决议公告 一、审议通过《2025 年第一季度报告》 经审议，同意公司董事会编制的《2025 年第一季度报告》。 表决结果：赞成票为 9 票，反对票为 0 票，弃权票为 0 票。 具体内容详见同日公司披露在巨潮资讯网（http://www.cninfo.com.cn）的 相关报告。 特此公告。 杭州巨星科技股份有限公司董事会 二○二五年四月三十日 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 杭州巨星科技股份有限公司（以下简称"公司"）第六届董事会第十三次会 议通知于2025年4月18日以传真、电子邮件等方式发出，且全体董事均已书面确 认收到全部会议材料。会议于2025年4月29日在杭州市上城区九环路35号公司九 楼会议室以现场会议的方式召开。本次会议应出席董事9名，实际出席董事9 名，公司全体监事和高级管理人员列席了会议，本次会议的召集、召开程序符 合《中华人民共和国公司法》、《杭州巨星科技股份有限公司章程》、《杭州巨星 科技股份有限公司 ...

Financial Performance - The company's revenue for Q1 2025 was ¥3,656,152,858.21, representing a 10.59% increase compared to ¥3,306,076,731.31 in the same period last year[5] - Net profit attributable to shareholders was ¥460,716,041.98, up 11.44% from ¥413,430,234.37 year-on-year[5] - Basic and diluted earnings per share increased by 11.44% to ¥0.3857 from ¥0.3461 in the same period last year[5] - Net profit for the current period was ¥482,365,511.63, representing a growth of 12.69% from ¥427,821,090.06 in the previous period[19] - The total comprehensive income for the current period was ¥522,528,546.63, compared to ¥427,789,121.26 in the previous period, reflecting a growth of 22.14%[19] - The total comprehensive income attributable to the parent company was approximately ¥500.82 million, an increase from ¥413.61 million in the previous period, representing a growth of about 21.1%[20] Cash Flow - The net cash flow from operating activities surged by 225.47% to ¥548,052,938.23, compared to ¥168,387,520.85 in the previous year[5] - Cash inflow from operating activities totaled approximately ¥3.99 billion, up from ¥3.07 billion, marking an increase of about 29.8%[20] - Cash inflow from investment activities was approximately ¥2.52 billion, compared to ¥93.04 million in the previous period, representing a substantial increase[21] - Cash outflow for purchasing goods and services was approximately ¥2.31 billion, compared to ¥1.92 billion in the previous period, indicating a rise of about 20.9%[21] - Cash inflow from financing activities was approximately ¥585.02 million, down from ¥1.10 billion in the previous period, indicating a decrease of about 46.8%[21] Assets and Liabilities - Total assets decreased by 4.18% to ¥22,138,770,566.73 from ¥23,104,639,375.15 at the end of the previous year[5] - Total liabilities decreased to ¥5,023,498,850.14, down 22.93% from ¥6,519,100,418.39 in the previous period[17] - The company's equity increased to ¥17,115,271,716.59, up 3.21% from ¥16,585,538,956.76 in the previous period[17] - The company's cash and cash equivalents decreased to ¥5,682,847,511.28 from ¥6,852,110,987.40, a decline of approximately 17.0%[15] Shareholder Information - The total number of common shareholders at the end of the reporting period is 44,150[11] - The largest shareholder, Giant Star Holdings Group Co., Ltd., holds 38.82% of shares, totaling 463,739,864 shares[11] Operational Challenges - The company faced challenges in production capacity, particularly in Southeast Asia, impacting sales revenue[12] - The company conducted asset impairment and provisions in the first quarter, affecting net profit[13] - The company is actively responding to risks associated with changes in U.S. tariffs, which have impacted product delivery[13] Other Financial Metrics - Research and development expenses for the current period were ¥81,226,335.90, an increase of 19.21% compared to ¥68,124,327.51 in the previous period[18] - The company reported an investment income of ¥102,881,724.01, which is a slight increase from ¥98,979,392.50 in the previous period[19] - The company reported a significant increase in cash received from sales, totaling ¥3,674,777,200.22, a 30.78% rise from ¥2,809,809,283.89[9] - Cash flow from investment activities saw a dramatic increase of 3245.33%, reaching ¥2,509,000,000.00 compared to ¥75,000,000.00 in the previous year[9] - The company experienced a 900.42% increase in cash paid for debt repayment, amounting to ¥647,303,306.95, compared to ¥160,650,415.45 last year[9] - The company reported a 1330.08% increase in asset impairment losses, totaling ¥54,035,522.00, compared to ¥3,778,494.29 in the previous year[9]

证券代码：002444 证券简称：巨星科技 杭州巨星科技股份有限公司投资者关系活动记录表 编号：[2025 年]第 002 号 | | □特定对象调研 □分析师会议 | | --- | --- | | 投资者关系活动 | □媒体采访 ■业绩说明会 | | 类别 | □新闻发布会 □路演活动 | | | □现场参观 | | | □其他 | | 参与单位名称及 | 通过价值在线网站或小程序参与公司 2024 年度网上业绩 | | 人员姓名 | 说明会的投资者 | | 时间 | 2025 年 4 月 25 日 15:00-17:00 | | 地点 | 线上交流 | | 上市公司接待人 | 董事长仇建平先生、独立董事王刚先生、财务总监倪淑一女士、 | | 员姓名 | 公司副总裁兼董事会秘书周思远先生. | | | 1、问：高管您好。请问贵公司本期财务报告中，盈利表现如 | | | 何？谢谢。 | | | 答：尊敬的投资者您好，公司已披露 2024 年年度报告，2024 | | | 年，公司实现营业收入 1,479,545.33 万元，同比增长 35.37%， | | | 归属于上市公司股东的净利润 230,362.4 ...

Mergers and Acquisitions - Fushun Special Steel plans to absorb and merge its wholly-owned subsidiary Fushun Xinxing Steel Plate Co., Ltd, aiming to optimize management structure, reduce management costs, and improve operational efficiency [1] - Shenghang Co., Ltd. has completed the acquisition of 25.2762% of Shenghang Haoyuan's shares, now holding a total of 78.3316% of the company [2] - Yuanshang Co., Ltd. has completed the industrial and commercial change registration for the acquisition of 60% of Wuhan Hechuan You's shares [3] Earnings Disclosure - Sinopec reported Q1 2025 revenue of 735.36 billion yuan, a decrease of 6.9% year-on-year, with a net profit of 13.26 billion yuan, down 27.6% [4] - Yunnan Baiyao achieved Q1 2025 revenue of 10.841 billion yuan, a year-on-year increase of 0.62%, with a net profit of 1.935 billion yuan, up 13.67% [5] - Haitian Flavor Industry reported Q1 2025 revenue of 8.315 billion yuan, an increase of 8.08%, and a net profit of 2.202 billion yuan, up 14.77% [6] - CICC reported Q1 2025 revenue of 5.721 billion yuan, a significant increase of 47.69%, with a net profit of 2.042 billion yuan, up 64.85% [7] Share Buybacks - China Nuclear Power plans to repurchase shares worth between 300 million and 500 million yuan, with a maximum price of 13.98 yuan per share [8] - Yituo Co., Ltd. intends to repurchase up to 10% of its issued H shares, using self-owned and raised funds [9] - Xingguang Co., Ltd.'s actual controller plans to increase shareholding by no less than 10 million yuan and no more than 20 million yuan within three months starting from April 29, 2025 [10] - Haiou Co., Ltd. plans to repurchase shares worth between 60 million and 120 million yuan, with a maximum price of 17 yuan per share [11] Risk Matters - Lifang Shuke received a notice from the CSRC regarding an investigation into suspected information disclosure violations [12] - Boda Co., Ltd. will implement a delisting risk warning starting April 30 due to negative net profit and revenue below 300 million yuan [13] - Sitong Co., Ltd. will also face a delisting risk warning starting April 30 for similar financial issues [14] - Yuanshang Co., Ltd. will implement a delisting risk warning starting April 30 due to negative financial results [15]

Mergers and Acquisitions - Xinlaifu plans to acquire 100% of Jin Nan Magnetic Materials, with the transaction expected to constitute a major asset restructuring. The company aims to strategically expand its business boundaries and achieve deep industry chain collaboration through the integration of core technologies in permanent and soft magnetic materials, as well as powder metallurgy [1] - Deep Keda intends to purchase 16.92% of Xianma Technology for 47.376 million yuan, which will increase its ownership to 80.92%. Xianma Technology is noted for having the highest gross margin and profitability within the company's consolidated financial statements [2] - Zhongrun Optical plans to use its own funds and part of the raised funds to acquire 51% of Dais Optoelectronics for a total of 158 million yuan. This acquisition will allow for shared market channels and customer resources, enhancing technological collaboration and achieving complementary advantages [3] Performance Disclosure - Gree Electric reported a revenue of approximately 189.164 billion yuan for 2024, a year-on-year decrease of 7.26%, while net profit attributable to shareholders increased by 10.91% to 32.185 billion yuan. The company has diversified its product categories, achieving strong retail performance [4] - Luzhou Laojiao announced a revenue of 31.196 billion yuan for 2024, a year-on-year increase of 3.19%, with a net profit of 13.473 billion yuan, up 1.71%. The company emphasizes its marketing strategy focused on digital innovation and efficient collaboration [5] - China Power Construction reported a revenue of 633.685 billion yuan for 2024, a 4.07% increase, but net profit decreased by 7.21% to 12.015 billion yuan. The company highlights steady operational improvements and compliance in its business practices [6] Share Buybacks - Lian Ce Technology plans to repurchase shares worth between 10 million and 20 million yuan, with a maximum repurchase price of 40 yuan per share, intended for employee stock ownership plans or equity incentives [7] - Zhenhua Heavy Industry intends to repurchase shares worth between 50 million and 100 million yuan, with a maximum price of 6.93 yuan per share, for the purpose of cancellation and reducing registered capital [9] - Wanxing Technology's actual controller proposed a share buyback of 25 million to 50 million yuan, to be executed through centralized bidding for future employee stock ownership plans or equity incentives [10]

巨星科技发布年报，2024 年实现营收147.95 亿元（yoy+35.37%），归母净利23.04 亿元 （yoy+36.18%），扣非净利23.04 亿元（yoy+35.74%）。其中Q4 实现营收37.12 亿元（yoy+60.00%， qoq-15.31%），归母净利3.68 亿元（yoy+98.55%，qoq-50.36%），公司年报业绩超出我们预期主要系东 南亚产能瓶颈突破，公司跨境电商营收增速较快，带来营收增长超出预期（预期营收133.72 亿元，超出 预期10.6%；预期归母净利22.36 亿元，超出预期3%）。尽管短期海外关税波动或对企业出货造成一定 影响，但公司全球化的产能布局有望为公司提供较为稳定的供应能力，维持"买入"。 考虑到公司东南亚产能有望持续释放，产能效率有望提升，公司盈利能力有望持续优化。我们上调公司 25-26 年盈利预测，上调7.4%/12.4%归母净利润至28.68 亿、34.72 亿，并预测2027 年归母净利润为 41.89 亿元，对应EPS 分别为2.40、2.91、3.51 元。可比公司 25 年 Wind 一致预期 PE 均值为14 倍，考 虑到当前关税变化仍 ...

Investment Rating - The report maintains a "Buy" rating for the company, indicating a strong outlook for investment returns over the next 6-12 months [6]. Core Insights - The company achieved a revenue of 14.795 billion yuan in 2024, representing a year-on-year growth of 35.4%, and a net profit attributable to shareholders of 2.304 billion yuan, up 36.2% year-on-year [2][3]. - The company benefits from a global supply chain advantage with 23 manufacturing bases, which supports capacity release to meet demand in the DIY market in Europe and the US [3]. - The company has successfully expanded its product categories, launching 1,937 new products with a research and development investment of 366 million yuan [3]. - The company's self-owned brands, such as WORKPRO, saw a revenue increase of 36% year-on-year [3]. - The company’s revenue from hand tools reached 10.069 billion yuan, up 40.5% year-on-year, while electric tools revenue was 1.438 billion yuan, growing 36.5% year-on-year [3]. - The company’s gross profit margin for 2024 was 32.0%, a slight increase of 0.2 percentage points year-on-year [2][3]. Revenue and Profit Forecast - The company’s revenue is projected to grow to 17.334 billion yuan in 2025, with a growth rate of 17.16%, and to 19.928 billion yuan in 2026, with a growth rate of 14.97% [5][10]. - The net profit attributable to shareholders is expected to reach 2.568 billion yuan in 2025 and 3.063 billion yuan in 2026, reflecting growth rates of 11.46% and 19.31% respectively [5][10]. Financial Metrics - The company’s earnings per share (EPS) for 2024 is projected at 1.93 yuan, with a return on equity (ROE) of 14.04% [5][12]. - The company’s gross profit margin is expected to remain stable, with slight fluctuations projected for the coming years [12]. - The company’s asset-liability ratio is forecasted to be 28% in 2024, decreasing to 18% by 2027, indicating improving financial stability [12]. Market Position and Strategy - The company has a significant market presence in the Americas and Europe, with revenue shares of 63.4% and 24.6% respectively [4]. - The company’s OBM (Own Brand Manufacturer) and ODM (Original Design Manufacturer) business models account for 47.9% and 51.7% of revenue, with OBM showing higher growth potential [4]. - The company is focusing on expanding its overseas business, particularly in non-US regions, which is expected to drive future growth [4].