公元股份有限公司 证券代码：002641 证券简称：公元股份 公告编号：2024-029 公元股份有限公司 关于股份回购实施完成暨股份变动的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完 整，没有虚假记载、误导性陈述或重大遗漏。 公元股份有限公司（以下简称"公司"）于 2024 年 2 月 6 日召开的第六届董 事会第五次会议审议通过了《关于回购公司股份方案的议案》，同意公司使用自 有资金以集中竞价的方式回购公司部分股份，并在未来适宜时机用于员工持股计 划或股权激励。回购金额不低于人民币 5,000 万元（含）且不超过人民币 7,000 万元（含），回购价格不超过人民币 5.50 元/股（含），回购股份的实施期限为自 董事会审议通过回购股份方案之日起不超过 12 个月。具体内容详见公司于 2024 年 2 月 7 日在《证券时报》及巨潮资讯网（www.cninfo.com.cn）披露的《关于 回购公司股份方案的公告》（公告编号：2024-006）。 截至 2024 年 4 月 30 日，回购股份方案已实施完毕。根据《上市公司股份回 购规则（2023 年修订）》《深圳证券交易所上市公司自律监管指引 ...

Financial Performance - The company's operating revenue for Q1 2024 was ¥1,243,037,567.55, a decrease of 22.09% compared to ¥1,595,124,398.60 in the same period last year[4] - Net profit attributable to shareholders was ¥14,734,568.82, down 80.73% from ¥76,839,945.64 year-on-year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥10,985,795.43, reflecting an 85.35% decline from ¥72,270,797.92 in the previous year[4] - Basic and diluted earnings per share were both ¥0.01, representing an 83.33% decrease from ¥0.06 in the same quarter last year[4] - The weighted average return on equity was 0.27%, down from 1.52% in the previous year, a decline of 1.24%[4] - Total operating revenue for Q1 2024 was CNY 1,243,037,567.55, a decrease of 22.1% compared to CNY 1,595,422,813.67 in the same period last year[22] - Total operating costs for Q1 2024 were CNY 1,250,000,350.03, down from CNY 1,509,830,951.92, reflecting a reduction of 17.2%[22] - Net profit for Q1 2024 was CNY 17,255,670.52, a decline of 78.4% from CNY 79,841,377.86 in Q1 2023[23] - Basic earnings per share for Q1 2024 were CNY 0.01, down from CNY 0.06 in the previous year, reflecting a decrease of 83.3%[24] Assets and Liabilities - Total assets at the end of the reporting period were ¥9,357,991,925.42, an increase of 12.25% from ¥8,336,642,891.64 at the end of the previous year[4] - Total assets increased to CNY 9,357,991,925.42 in Q1 2024 from CNY 8,336,642,891.64, representing a growth of 12.2%[20] - Total liabilities rose to CNY 3,849,217,719.98, up from CNY 2,813,868,544.64, indicating a significant increase of 36.8%[19] - The total current assets amounted to ¥5,553,374,184.04, up from ¥4,564,523,317.38, marking a growth of around 21.7%[17] - The total equity attributable to shareholders decreased slightly to CNY 5,359,276,117.48 from CNY 5,375,580,431.97, a decline of 0.3%[20] Cash Flow - Cash flow from operating activities was ¥856,868,654.42, a slight decrease of 0.41% compared to ¥859,639,572.67 in the same period last year[4] - The company's cash flow from operating activities showed a notable decline, impacting liquidity and operational flexibility[23] - The net cash flow from operating activities for the first quarter was ¥856,868,654.42, a slight decrease of 0.6% compared to ¥860,394,088.92 in the previous period[27] - Total cash inflow from operating activities was ¥2,547,303,193.51, down 9.0% from ¥2,800,696,081.32 year-on-year[27] - Cash outflow from operating activities totaled ¥1,690,434,539.09, a decrease of 12.9% compared to ¥1,940,301,992.40 in the previous period[27] - The net cash flow from investing activities was -¥115,547,470.00, worsening from -¥96,580,212.89 in the previous period[28] - Cash inflow from financing activities was ¥53,693,101.89, down 37.2% from ¥85,532,724.09 year-on-year[28] - The net cash flow from financing activities was -¥11,284,987.69, compared to a positive net cash flow of ¥41,302,501.49 in the previous period[28] - The cash and cash equivalents at the end of the period amounted to ¥2,446,587,082.68, an increase from ¥1,813,077,849.68 in the previous period[28] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 41,984[10] - The company’s major shareholder, Gongyuan Plastic Group, holds 37.86% of the shares, while the second-largest shareholder, Lu Caifen, holds 12.78%[11] - The company plans to repurchase shares with a total amount not less than ¥50 million and not exceeding ¥70 million, with a maximum repurchase price of ¥5.50 per share[13] - The company has already repurchased 6,893,000 shares at a total cost of ¥28,584,909.00, which is about 0.56% of the total share capital[14] - The company has a total of 8,168,300 shares in its repurchase account, accounting for 0.66% of the total share capital[12] - The company’s share repurchase plan is expected to be completed within 12 months from the board's approval date[13] Operational Insights - The decline in net profit was attributed to reduced sales volume and lower sales prices, leading to a decrease in overall gross margin[8] - The company reported non-recurring gains of ¥3,618,602.51 from government subsidies related to normal business operations[6] - The company reported a decrease in research and development expenses to CNY 51,602,410.33 from CNY 53,236,425.51, a reduction of 3.1%[23] - The company received tax refunds of ¥34,868,524.31, down 25.7% from ¥46,882,863.31 in the previous period[27] - The company paid ¥289,105,632.77 in employee compensation, an increase of 9.3% compared to ¥264,387,719.78 in the previous period[27] - The company reported a cash inflow from the disposal of fixed assets of ¥791,285.90, slightly up from ¥770,137.30 in the previous period[28]

Investment Rating - The report maintains a "Buy" rating for the company with a target price of 6.03 CNY, representing an expected upside of over 20% from the current price of 4.82 CNY [20][15][17]. Core Insights - The company achieved a revenue of 7.47 billion CNY in 2023, a decrease of 6.35% year-on-year, while the net profit attributable to the parent company surged by 363% to 363 million CNY [12][19]. - The company’s market share increased by 0.14 percentage points in 2023, with production and sales volumes rising by 1.99% and 1.43% respectively [12]. - The gross margin for the company improved to 22.2% in 2023, up by 3.85 percentage points year-on-year, driven by easing pressure on raw material costs [14][12]. Financial Performance Summary - The company reported a net profit of 375.76 million CNY for 2023, with an expected growth to 411.51 million CNY in 2024 and 467.20 million CNY in 2025 [19][9]. - Earnings per share (EPS) increased from 0.07 CNY in 2022 to 0.30 CNY in 2023, with projections of 0.33 CNY and 0.38 CNY for 2024 and 2025 respectively [19][10]. - The company plans to distribute a cash dividend of 1.22 million CNY for 2023, representing a payout ratio of 34% [15]. Business Segment Analysis - In 2023, the revenue from PVC, PPR, PE, and lighting components was 3.18 billion CNY, 1.20 billion CNY, 1.46 billion CNY, and 949 million CNY respectively, with varying growth rates across segments [13]. - The gross margins for the three main pipe materials were 20.23%, 43.10%, and 18.62%, reflecting improvements due to reduced raw material costs [13]. Cash Flow and Financial Ratios - The company’s cash flow from operations significantly improved to 1.07 billion CNY in 2023, indicating strong cash generation capabilities [14]. - The asset-liability ratio stood at 33.75% in 2023, suggesting a stable financial structure [20].

www.chinastock.com.cn 证券研究报告 请务必阅读正文最后的中国银河证券股份有限公司免责声明 请务必阅读正文最后的中国银河证券股份有限公司免责声明。 2 请务必阅读正文最后的中国银河证券股份有限公司免责声明。 3 [Table_AuthorsRxplain] 本人承诺以勤勉的执业态度，独立、客观地出具本报告，本报告清晰准确地反映本人的研究观点。本人薪酬的任何部分过去不 曾与、现在不与、未来也将不会与本报告的具体推荐或观点直接或间接相关。 免责声明 [联系Table_Contacts] 请务必阅读正文最后的中国银河证券股份有限公司免责声明。 4 [Table_ReportType] 公司点评/建筑材料 [Table_ReportType] 公司点评/建筑材料 评级标准 | --- | --- | --- | --- | --- | |-------|---------------------------------------------------------------------------------------------------------------------------- ...

公元股份有限公司 公元股份有限公司 2023 年社会责任报告 二○二四年四月 第 1 页 共 22 页 公元股份有限公司 前 言 1、社会责任是指企业在创造利润、追求发展、维护股东利益的同时，承担 起对员工、消费者、环境和社会等方面的责任。公元股份有限公司（以下简称"公 元股份"或"公元"或"公司"）作为上市公司，勇于承担社会责任，在公司发 展的同时，不断完善法人治理结构，深入开展节能减排工作，积极参与社会公益 事业，促进公司与社会的全面、自然、协调发展。 2、本报告是自公司 2011 年上市以来编制的第十三份社会责任报告，报告整 体涵盖了公司 2023 年度履行的社会责任情况。基于社会责任履行的长期性与持 续性，本报告所涉及的内容包括但不限于 2023 年度。希望本报告能成为公司与 社会各界交流、沟通的桥梁，成为投资者、消费者、供应商、客户以及债权人等 多方对公司了解、认知的窗口。同时也欢迎社会各界对公司进行监督，为公司持 续发展多提宝贵意见，以使公司能够更好地进步和发展，也能更好地回报社会。 3、本报告依据《公司法》《证券法》《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 ...

公元股份有限公司 证券代码：002641 证券简称：公元股份 公告编号：2024-027 公元股份有限公司 关于预计 2024 年为控股子公司提供担保 及控股子公司之间担保的公告 本公司及董事会全体成员保证本公告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、担保情况概述 公元股份有限公司（以下简称"公司""本公司"）于 2024 年 4 月 24 日 召开了第六届董事会第七次会议，审议通过了《关于预计 2024 年为控股子公司 提供担保及控股子公司之间担保的议案》。表决结果为：9 票同意、0 票反对、 0 票弃权。 为满足公司及控股子公司生产经营和发展需要，2024 年度，公司拟为控股 子公司向金融机构授信及日常经营需要时为其提供担保，担保总额为 204,500 万元，其中公司对控股子公司提供担保总额为 194,500 万元，控股子公司之间 担保总额度为 10,000 万元。 根据《深圳证券交易所股票上市规则》和《公司章程》的有关规定，本次 担保事项须经公司股东大会审议通过生效。为提高工作效率，董事会拟提请股 东大会授权公司董事长和管理层全权负责在前述额度内决定和办理具体担保的 全 ...

Financial Performance - The company's operating revenue for 2023 was approximately ¥7.47 billion, a decrease of 6.35% compared to ¥7.98 billion in 2022[17]. - Net profit attributable to shareholders increased significantly by 362.52% to approximately ¥362.90 million from ¥81.37 million in the previous year[17]. - The net cash flow from operating activities reached approximately ¥1.07 billion, representing a 148.37% increase compared to ¥429.99 million in 2022[17]. - The net profit after deducting non-recurring gains and losses was approximately ¥342.57 million, up 549.40% from ¥52.30 million in 2022[17]. - Basic earnings per share increased to 0.30 yuan, a 400% increase compared to 0.06 yuan in the previous year[19]. - The weighted average return on net assets rose to 6.97%, up from 1.56% in the previous year[19]. - Total assets decreased by 1.69% to 8,336,642,891.64 yuan compared to the previous year[19]. - The total profit for the period was 413 million yuan, with net profit attributable to shareholders amounting to 363 million yuan, representing increases of 512.27% and 362.52% respectively[58]. Dividend Distribution - The company plans to distribute a cash dividend of ¥1 per 10 shares to all shareholders, based on a total share capital of 1,229,093,871 shares[5]. - The cash dividend distribution plan is based on a total share capital of 1,229,093,871 shares, excluding shares held in the repurchase account[194]. - The company has not proposed any stock dividends, maintaining a policy of cash dividends only[194]. - Independent directors have fulfilled their responsibilities in the profit distribution process, ensuring transparency and compliance with regulations[191]. Market and Industry Position - The company's market share in the plastic pipe industry increased to 3.81% in 2023 from 3.67% in 2022[31]. - The company's production volume rose to 61.65 million tons in 2023, a 1.99% increase from 2022[31]. - The company faced challenges such as reduced domestic demand and intensified competition in the plastic pipe industry[31]. - The plastic pipe industry is experiencing increasing concentration, with major companies expanding production bases in central and western regions of China[34]. - The demand for plastic pipes is expected to grow due to ongoing urbanization and government infrastructure projects[37]. Operational Efficiency - The company's gross margin for plastic pipes improved to 24.73%, up from 20.84% in the previous year, primarily due to a decrease in raw material prices[41]. - The company has established a comprehensive procurement system to ensure a stable supply of raw materials, primarily sourced domestically[43]. - The company has adopted a centralized procurement model to reduce costs and improve efficiency[47]. - The company has implemented a cash flow hedging strategy for its derivative investments, which has not undergone significant changes compared to the previous reporting period[107]. Research and Development - The company holds 770 valid domestic patents, including 166 invention patents, showcasing its strong research and development capabilities[56]. - Research and development expenses amounted to ¥247.74 million in 2023, reflecting a 2.81% increase from ¥240.97 million in 2022[79]. - The company is investing in R&D, allocating 100 million yuan towards the development of new technologies[162]. - The company has developed a high-strength modified PPR pipe with super hydrophobic properties, meeting diverse market needs[85]. Corporate Governance - The company has established a complete corporate governance structure and a sound internal control system, complying with relevant laws and regulations[144]. - The board of directors consists of three independent directors, accounting for one-third of the total board members, meeting legal requirements[145]. - The company has a supervisory board composed of three supervisors, ensuring compliance with legal requirements and effective supervision of major transactions[147]. - The company has strengthened investor communication through various channels, including annual report online briefings and investor visits[148]. Employee Management - The total number of employees at the end of the reporting period is 6,737, with 2,885 in the parent company and 3,852 in major subsidiaries[186]. - The company provides comprehensive benefits including social insurance, paid leave, health check-ups, and travel subsidies[188]. - The company has a performance-based salary system linked to individual responsibilities and performance evaluations[169]. - The total remuneration for directors, supervisors, and senior management in 2023 amounted to CNY 14.746 million[172]. Future Outlook - The company's main business revenue for 2024 is projected to be 7.83 billion CNY, an increase of 10.02% compared to the previous year[125]. - The company plans to implement a strategy of "evolution year" in 2024, focusing on expanding fields, improving services, and enhancing marketing efforts[125]. - The company is considering strategic acquisitions to enhance its product portfolio and market presence[162]. - The company aims to enhance its market presence by focusing on rural pipelines, sewage networks, gas, seawater desalination, and industrial pipelines[131].

公元股份有限公司 2023年度董事会工作报告 2023 年度，公元股份有限公司（以下简称"公司"）董事会严格按照《公 司法》《证券法》《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》等有关法律法规和公司《章程》 《董事会议事规则》等制度的规定，本着对全体股东负责的态度，紧紧围绕公司 战略发展规划，恪尽职守、诚实守信、勤勉尽责地履行义务、行使职权，认真贯 彻落实股东大会的各项决议，积极开展董事会各项工作，切实维护公司和全体股 东的合法权益，保障了公司的良好运作和可持续发展。现将 2023 年度董事会主 要工作报告如下： 一、公司总体经营情况 2023 年，国际形势错综复杂，全球经济状况不佳，我国所处的外部环境的 复杂性、严峻性、不确定性上升。国内经济发展面临着结构性调整，有效需求不 足，社会预期偏弱，风险隐患较多，国内大循环存在堵点，国际循环存在干扰等 诸多困难和挑战。塑料管道行业面临着下游需求不旺，由增量市场向存量市场转 变，行业竞争进一步加剧，行业发展资源向有规模优势、有品牌优势、有质量保 障、有竞争实力的企业进一步集中。 2023 年，是公司聚势而为 ...

公元股份有限公司 2023年度内部控制自我评价报告 公元股份有限公司全体股东： 根据《企业内部控制基本规范》及其配套指引的规定和其他内部控制监管要 求（以下简称企业内部控制规范体系），结合公元股份有限公司（以下简称"公 司"）内部控制制度和评价办法，在内部控制日常监督和专项监督的基础上，我 们对公司2023年12月31日（内部控制评价报告基准日）的内部控制有效性进行了 评价。 一、重要声明 按照企业内部控制规范体系的规定，建立健全和有效实施内部控制，评价其 有效性，并如实披露内部控制评价报告是公司董事会的责任。监事会对董事会建 立和实施内部控制进行监督。经理层负责组织领导企业内部控制的日常运行。公 司董事会、监事会及董事、监事、高级管理人员保证本报告内容不存在任何虚假 记载、误导性陈述或重大遗漏，并对报告内容的真实性、准确性和完整性承担个 别及连带法律责任。 1、建立和完善符合上市公司现代管理要求的公司治理结构及内部组织架构， 形成科学的决策机制、执行机制和监督机制，确保公司达到或者实现各项经营管 理目标。 公司内部控制的目标是合理保证经营管理合法合规、资产安全、财务报告及 相关信息真实完整，提高经营效率和效 ...

证券代码：002641 证券简称：公元股份 公告编号：2024-025 公元股份有限公司 关于续聘 2024 年度审计机构的公告 本公司及董事会全体成员保证本公告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 公元股份有限公司 公元股份有限公司（以下简称"公司"）于 2024 年 4 月 24 日召开第六届董 事会第七次会议审议通过了《关于续聘 2024 年度审计机构的议案》，公司拟续 聘天健会计师事务所（特殊普通合伙）（以下简称"天健会计师事务所"）为公司 2024 年度审计机构。本事项尚需提交公司股东大会审议通过，现将具体事宜公 告如下： 一、拟续聘会计师事务所的基本信息 （一）机构信息 1、事务所基本信息 | 事务所名称 | 天健会计师事务所（特殊普通合伙） | | | | | | | --- | --- | --- | --- | --- | --- | --- | | 成立日期 | 2011 年 7 月 18 日 | 组织形式 | | | 特殊普通合伙 | | | 注册地址 | 浙江省杭州市西湖区灵隐街道西溪路 | | 128 | 号 | | | | 首席合伙人 | 王国海 上 ...