证券代码：002701 证券简称：奥瑞金 （奥瑞）2025－临 004 号 奥瑞金科技股份有限公司 关于公司合并报表范围内担保的进展公告 奥瑞金科技股份有限公司（"奥瑞金"或"本公司"、"公司"）及董事会全 体成员保证信息披露的真实、准确、完整，没有虚假记载、误导性陈述或重大遗漏。 公司于 2024 年 4 月 28 日召开的第五届董事会 2024 年第三次会议及 2024 年 5 月 27 日召开的 2023 年年度股东大会，审议通过了《关于公司合并报表范围内担保 额度的议案》，同意公司与下属公司之间、下属公司之间未来十二个月在额度内相互 提供担保。担保额度有效期为自公司 2023 年年度股东大会审议批准之日起十二个月 内。详见公司于 2024 年 4 月 30 日、2024 年 5 月 28 日在《中国证券报》《证券时 报》《上海证券报》《证券日报》及巨潮资讯网（http://www.cninfo.com.cn）披 露的相关公告。 一、担保进展情况概述 近日，公司与中国邮政储蓄银行股份有限公司咸宁市分行（以下简称"咸宁邮 储"、"债权人"）签署《连带责任保证合同》，就公司全资子公司湖北奥瑞金制罐有 限公司 ...

证券代码：002701 证券简称：奥瑞金 （奥瑞）2025－临 005 号 奥瑞金科技股份有限公司 关于公司控股股东部分股份质押展期的公告 奥瑞金科技股份有限公司（"奥瑞金"或"本公司"、"公司"）及董事会 全体成员保证信息披露的真实、准确、完整，没有虚假记载、误导性陈述或重大 遗漏。 奥瑞金科技股份有限公司近日收到公司控股股东上海原龙投资控股（集团） 有限公司（以下简称"上海原龙"）函告，获悉上海原龙所持有本公司的部分股 份办理了质押展期，具体事项如下： 1 股 东 名 称 是否为控 股股东或 第一大股 东及其一 致行动人 本次 质押展 期数量 （万 股） 占其所 持股份 比例 % 占公 司总 股本 比例 % 是否 为限 售股 是否 为补 充质 押 质押 起始 日 质押到 期日 质 权 人 质 押 用 途 上 海 原 龙 是 2,450 2.91 0.96 否 否 2023 年 2 月 8 日 至质权 人申请 解除质 押之日 止 天风 证券 股份 有限 公司 本 次 为 质 押 展 期 不 涉 及 新 增 融 资 一、本次质押展期基本情况 （1）本次股份质押展期与上市公司生产经营需求无关，对上市公司生产经 ...

Investment Rating - The investment rating for the company is "Buy" and is maintained [9] Core Views - The company has a solid profit base from three-piece cans and is expected to achieve a β+α resonance after acquiring COFCO Packaging, which will enhance its profitability and market position [2][4] - The acquisition of COFCO Packaging is projected to increase consolidated profits and create scale effects, while the two-piece can segment is expected to recover from its current challenges [4][5] - The company is well-positioned to benefit from the growth of its core client, China Red Bull, which is expected to maintain steady growth, ensuring a stable profit base [4][19] Summary by Sections Acquisition Impact - The acquisition of COFCO Packaging, with a current holding of 98.59%, is expected to enhance the company's profit margins and market share in the two-piece can segment, increasing the CR2 from 43% to 62% [2][4][31] - The combined production capacity for two-piece cans will reach 27.5 billion cans, capturing nearly 40% of the market share, which is anticipated to provide significant profit elasticity [4][35] Market Dynamics - The demand for two-piece cans is projected to grow due to increased canning rates, with a potential increase of 8 billion cans for every 1% rise in canning rates [5][39] - The company is expected to recover its two-piece can profit margins, which are currently low, with projections indicating a gradual return to single-digit net profit margins by 2024 [4][6] Growth Opportunities - The company is exploring international markets, particularly in Southeast Asia, where demand for two-piece cans is expected to be higher than in China [7][33] - Innovation and diversification into new product lines, such as sports drinks and craft beers, are part of the company's strategy to create new demand and growth points [7][33]

Investment Rating - The investment rating for the company is "Buy" with a current price of 4.88 CNY and a reasonable value of 6.31 CNY [4]. Core Views - The completion of the acquisition is expected to enhance the financial statements and improve the competitive landscape of the company. The acquisition of COFCO Packaging is a significant step, as it allows the company to hold approximately 95.83% of COFCO's shares, thereby increasing its market position and pricing power in the metal packaging industry [9]. - The report anticipates a recovery in profitability for the metal packaging sector, with the company positioned to lead this improvement due to its strengthened market position and potential for overseas expansion. The projected net profits for 2024, 2025, and 2026 are 809 million CNY, 1,077 million CNY, and 1,140 million CNY, respectively, reflecting growth rates of 4.4%, 33.1%, and 5.9% [9]. Financial Summary - Revenue projections show a slight decline in 2023 to 13,843 million CNY, followed by a recovery to 14,439 million CNY in 2024, and further growth to 15,480 million CNY in 2025 and 16,538 million CNY in 2026, with growth rates of 4.3%, 7.2%, and 6.8% respectively [8]. - The EBITDA is expected to increase from 1,775 million CNY in 2023 to 2,263 million CNY in 2025, indicating a positive trend in operational profitability [8]. - The report highlights an expected increase in the company's return on equity (ROE) from 8.9% in 2023 to 10.7% in 2025, suggesting improved efficiency in generating profits from shareholders' equity [8].

Investment Rating - The report maintains a "Buy" rating for the company, indicating an expected relative price increase of over 20% against the market benchmark within the next six months [18]. Core Views - The company has successfully completed the acquisition of a controlling stake in COFCO Packaging, which is expected to enhance its market share in the two-piece can industry to nearly 50%, thereby strengthening its market influence [4][5]. - The integration of COFCO Packaging is anticipated to yield significant synergies across various aspects such as customer base, distribution channels, and product structure, leading to improved operational efficiency and expanded international market presence [4][5]. - The report highlights a turning point in the industry landscape, with expectations for a rapid recovery in profitability as the leading companies gain market share and enhance pricing power [5]. Financial Projections - Revenue growth rates for the company are projected at 7.8%, 7.5%, and 8.2% for the years 2024 to 2026, respectively, with corresponding net profit growth rates of 19%, 16%, and 15% [6]. - Earnings per share (EPS) are forecasted to be 0.36 yuan, 0.42 yuan, and 0.48 yuan for the years 2024 to 2026 [6]. - The current stock price corresponds to a price-to-earnings (P/E) ratio of 13 times for the year 2025 [6]. Industry Outlook - The report notes that the domestic metal packaging industry is expected to see a significant improvement in profitability, with gross margins projected to gradually recover to 12-15%, an increase of 6-9 percentage points from current levels [5]. - The report draws comparisons with North American metal packaging leaders, suggesting that the domestic industry has substantial room for growth in customer structure and international expansion [5].

证券代码：002701 证券简称：奥瑞金 （奥瑞）2024－临 113 号 奥瑞金科技股份有限公司（"奥瑞金"或"本公司"、"公司"）及董事会 全体成员保证信息披露的真实、准确、完整，没有虚假记载、误导性陈述或重大 遗漏。 奥瑞金科技股份有限公司近日收到公司控股股东上海原龙投资控股（集团） 有限公司（以下简称"上海原龙"）函告，获悉上海原龙所持有本公司的部分股 份办理了质押展期，具体事项如下： 1 股 东 名 称 是否为控 股股东或 第一大股 东及其一 致行动人 本次 质押展 期数量 （万 股） 占其所 持股份 比例 % 占公 司总 股本 比例 % 是否 为限 售股 是否 为补 充质 押 质押 起始 日 质押到 期日 质 权 人 质 押 用 途 上 海 原 龙 是 4,332 5.15 1.69 否 否 2023 年 12 月 27 日 至质权 人申请 解除质 押之日 止 中国 中金 财富 证券 有限 公司 本 次 为 质 押 展 期 不 涉 及 新 增 融 资 一、本次质押展期基本情况 证券代码：002701 证券简称：奥瑞金 （奥瑞）2024－临 113 号 二、股东股份累计质押的情况 截至本公告披露日， ...

证券代码：002701 证券简称：奥瑞金 （奥瑞）2024－临 112 号 奥瑞金科技股份有限公司 关于完成工商变更登记并换发营业执照的公告 注册资本：255,976.0469万元 成立日期：1997年05月14日 经营范围：互联网信息服务；技术开发、技术服务、技术检测；产品设计； 经济贸易咨询；从事节能技术和资源再生技术的开发应用；自动识别和标识系统 开发及应用；可视化与货物跟踪系统开发及应用；智能化管理系统开发应用；数 据处理（数据处理中的银行卡中心、PUE值在1.5以上的云计算数据中心除外）； 电子结算系统开发及应用；生产金属容器、玻璃容器、吹塑容器；销售自产产品 （涉及特殊行业项目经政府相关部门批准后方可实施）；体育运动项目经营（高 近日，公司完成本次注册资本变更及《公司章程》备案的工商登记手续，并 领取了北京市怀柔区市场监督管理局换发的《营业执照》。本次工商变更登记完 成后，公司注册资本由人民币 257,326.0436 万元变更为人民币 255,976.0469 万元，其他登记事项不变。具体登记信息如下： 统一社会信用代码：91110000600063689W 名称：奥瑞金科技股份有限公司 类型： ...

证券代码：002701 证券简称：奥瑞金 （奥瑞）2024—临 111 号 奥瑞金科技股份有限公司 关于重大资产重组的进展公告 奥瑞金科技股份有限公司（"奥瑞金"或"本公司"、"公司"）及董事会 全体成员保证信息披露的真实、准确、完整，没有虚假记载、误导性陈述或 重大遗漏。 重要内容提示： 1、公司于2024年9月4日披露的《奥瑞金科技股份有限公司重大资产购买报 告书（草案）》（下称"本次交易草案"）"重大风险提示"及"第十一章 风 险因素分析"中，详细披露了本次交易可能存在的风险因素及尚需履行的其他程 序，敬请广大投资者注意投资风险。 2、截至本公告披露之日，除本次交易草案披露的风险因素外，公司尚未发 现可能导致本次交易中止或者对本次交易方案作出实质性变更的相关事项，本次 交易工作正在有序进行中。 一、 本次交易概述 2023年12月12日，公司在《中国证券报》《证券时报》《上海证券报》《证 券日报》及巨潮资讯网（http://www.cninfo.com.cn）披露了《关于筹划重大资产 重组的提示性公告》（公告编号：（奥瑞）2023－临071号）。 2024年1月12日、2024年2月7日、2024年3月 ...

公司报告 | 公司点评 要约收购各项先决条件均已达成 要约的各项先决条件均已达成 2024 年 12 月 13 日，公司下属子公司华瑞凤泉有限公司取得本次要约收购 交易外汇登记相关的《业务登记凭证》，要约收购交易的外汇登记手续已经 完成。截至 12 月 13 日公告披露日，要约的各项先决条件均已达成。 此前公司拟通过下属北京市华瑞凤泉管理咨询有限公司的境外下属公司 （作为"要约人"）向香港联交所上市公司中粮包装控股有限公司全体股东 发起自愿有条件全面要约，以现金方式收购中粮包装全部已发行股份。目 前公司间接持有中粮包装 24.40%股份，中粮包装为公司参股公司。本次交 易完成后，公司预计将取得标的公司控制权。 若本次整合完成，叠加龙头资本开支预期收缩，行业供需关系或缓和，龙 头盈利及估值中枢有望底部向上 通过此次收购，上市公司将夯实主营业务，拓展战略客户，长期推动公司 可持续发展。公司将进一步夯实二片罐及三片饮料、奶粉罐的主营业务， 进一步丰富国内钢桶、气雾罐、塑胶包装等产品线，培育新的利润增长点。 公司也将从技术、营销、产能、供应链等多维度与中粮包装实现优势互补， 以差异化定位服务于不同需求的客户，进一步拓 ...

Investment Rating - The report does not provide a specific investment rating for the company, indicating "No Rating" [1]. Core Views - The report highlights that the prerequisites for the acquisition have been met, and the industry landscape is expected to improve steadily. The two-piece can industry is currently at a low cycle, with low expansion willingness and an improving pricing mechanism, which is anticipated to stabilize profitability in the fourth quarter of 2024 [1]. - The report suggests that the company's industrial synergy capabilities are expected to strengthen post-acquisition, leading to enhanced scale effects and cost reduction through internal optimization [1]. Financial Summary - Total revenue is projected to be 14,044 million in 2024, with a year-on-year growth rate of 1.5% [3]. - The net profit attributable to the parent company is expected to reach 832 million in 2024, reflecting a year-on-year increase of 7.4% [3]. - The gross profit margin is forecasted to improve from 15.2% in 2023 to 16.2% in 2024 [3]. - Return on equity (ROE) is anticipated to rise from 8.9% in 2023 to 9.1% in 2024 [3]. - Earnings per share (EPS) is projected to increase from 0.30 in 2023 to 0.32 in 2024 [3]. - The price-to-earnings (P/E) ratio is expected to decrease from 19.73 in 2023 to 18.38 in 2024 [3]. - The price-to-book (P/B) ratio is forecasted to decline from 1.75 in 2023 to 1.67 in 2024 [3].