证券代码：002783 证券简称：凯龙股份 湖北凯龙化工集团股份有限公司 投资者关系活动记录表 编号：2025-001 投资者关系活动类别 ☐特定对象调研 ☐分析师会议 ☐媒体采访 业绩说明会 ☐新闻发布会 ☐路演活动 ☐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 线上参与凯龙股份（002783）2024年度网上业绩说明会的全体投资者 时间 2025年5月8日 15:00-16:30 地点 价值在线（https://www.ir-online.cn/）网络互动 上市公司接待人员姓 名 董事长 邵兴祥 董事会秘书 孙洁 财务负责人 张勇 独立董事 王晓清 投资者关系活动主要 内容介绍 1.请问贵公司本期财务报告中，盈利表现如何？ 答：2024年度公司净利润为256,519,822.43元，较上年同期增加 3.88%，归属于上市公司股东的净利润为148,156,863.59元，较上年同期 减少15.51%。2025年第一季度，归属于上市公司股东的净利润为 35,994,599.05元，较上年同期增长34.39%；归属于上市公司股东的扣除 非经常性损益的净利润为31,762,509.67元 ...

Investment Rating - The report assigns a "Buy" rating for the company, indicating an expected relative increase of over 15% compared to the CSI 300 index in the next six months [7][13]. Core Views - The company has become a regional leader in civil explosives, with the Hubei Provincial State-owned Assets Supervision and Administration Commission becoming the actual controller, presenting new development opportunities [2][10]. - The company reported a revenue of 1.441 billion yuan for 2024, a year-on-year decrease of 2.45%, and a net profit attributable to shareholders of 148 million yuan, down 15.51% [2][4]. - The company has actively pursued mergers and acquisitions to enhance its production capacity and market competitiveness, achieving a production capacity of 248,000 tons by the end of 2024, making it the largest civil explosive production enterprise in Hubei [3][6]. Summary by Sections Financial Performance - In Q4 2024, the company achieved a revenue of 1.12 billion yuan, a 4.9% increase, and a net profit of 36.18 million yuan, a significant increase of 539.88% [4]. - The explosive service business saw a remarkable revenue growth of 75.05%, contributing 27.72% to total revenue, primarily due to the acquisition of a 51% stake in Hubei Kailong Shiwang Engineering Co., Ltd. [4][6]. - The civil explosive products segment experienced a revenue decline of 17.98%, totaling 1.337 billion yuan, affected by macroeconomic fluctuations and cyclical demand in downstream infrastructure and mining sectors [4]. Future Outlook - The new actual controller is expected to lead the company into a new growth phase, leveraging both organic and external growth strategies [7][10]. - Revenue projections for 2025-2027 are estimated at 4.246 billion yuan, 4.697 billion yuan, and 5.202 billion yuan, respectively, with corresponding net profits of 240 million yuan, 278 million yuan, and 316 million yuan [9]. - The expected earnings per share (EPS) for 2025, 2026, and 2027 are projected to be 0.48 yuan, 0.56 yuan, and 0.63 yuan, respectively [9].

Financial Performance - The company's operating revenue for Q1 2025 was CNY 763,924,420.40, representing a 13.16% increase compared to CNY 675,101,157.66 in the same period last year[5] - Net profit attributable to shareholders was CNY 35,994,599.05, a 34.39% increase from CNY 26,783,703.63 year-on-year[5] - The net profit after deducting non-recurring gains and losses reached CNY 31,762,509.67, marking a significant 90.00% increase compared to CNY 16,717,525.98 in the previous year[5] - Total operating revenue for the current period reached ¥763,924,420.40, an increase of 13.15% compared to ¥675,101,157.66 in the previous period[20] - Net profit for the current period was ¥59,678,532.39, representing a significant increase of 61.73% from ¥36,896,138.70 in the previous period[21] Cash Flow and Liquidity - The company's cash flow from operating activities decreased by 50.05%, amounting to CNY 52,153,950.02, down from CNY 104,404,606.40 in the same period last year[5] - Operating cash flow for the current period is ¥52,153,950.02, a decrease of 50% compared to ¥104,404,606.40 in the previous period[22] - Total cash inflow from operating activities increased to ¥805,640,132.41 from ¥770,463,636.65, representing a growth of approximately 4.4%[22] - Cash outflow from operating activities rose to ¥753,486,182.39, up from ¥666,059,030.25, indicating an increase of about 13.1%[22] - Cash inflow from financing activities increased to ¥575,329,230.64 from ¥463,002,680.43, marking a growth of approximately 24.2%[23] - Net cash flow from financing activities improved significantly to ¥226,582,849.49 compared to ¥53,895,772.21 in the previous period[23] - The ending balance of cash and cash equivalents increased to ¥780,282,117.52 from ¥494,055,238.38, reflecting a growth of approximately 58%[23] Assets and Liabilities - Total assets at the end of the reporting period were CNY 8,279,475,625.24, reflecting a 2.75% increase from CNY 8,057,626,355.15 at the end of the previous year[5] - The total liabilities increased to ¥4,682,684,037.99, up from ¥4,477,089,561.69, reflecting a growth of 4.59%[19] - Long-term borrowings rose by CNY 356,706,000, an increase of 44.47%, attributed to new long-term bank loans[8] - Long-term borrowings rose to ¥1,158,880,000.00 from ¥802,173,984.89, indicating a substantial increase of 44.54%[19] Investments and Acquisitions - The company plans to acquire 51% of Hubei Dongshen Tianshen Industrial Co., Ltd. for a total consideration of RMB 180.81 million, making it a subsidiary[15] - The company has signed a framework agreement for the transfer of at least 75% of the shares of Zhongjing Investment Holding Group Co., Ltd. to Changjiang Industrial Investment Group Co., Ltd.[13] - The transaction for the share transfer was valued at RMB 2,776.24 million[14] - Investment income fell by CNY 49,657,200, a 94.15% decrease, due to the absence of dividends from investments in Jiangsu Hongguang Chemical Co., Ltd. received in the previous year[9] Shareholder Information - The company’s major shareholders include Zhongjing Investment Holding Group Co., Ltd. and Shao Xingxiang, with respective holdings of 59,792,682 shares and 10,175,466 shares[12] Other Financial Metrics - Total operating costs amounted to ¥698,664,174.67, up from ¥650,281,740.07, reflecting a growth of 7.43%[20] - Research and development expenses increased to ¥15,163,838.34 from ¥12,903,572.77, showing a commitment to innovation with a growth of 17.53%[21] - The total equity attributable to shareholders rose to ¥2,564,876,880.21 from ¥2,532,926,607.96, an increase of 1.26%[19] - The company reported a basic earnings per share of ¥0.07, consistent with the previous period, indicating stable profitability[21]

Group 1: Corporate Control Change - The actual controller of Kailong Co., Ltd. has changed following the completion of a share transfer, with Hubei Provincial State-owned Assets Supervision and Administration Commission becoming the actual controller through Changjiang Industrial Group [1] - The share transfer involved Changjiang Industrial Group acquiring 75% of Zhongjing Group's shares from the Jingmen Municipal Government's State-owned Assets Supervision and Administration Commission for a transaction price of 2.776 billion yuan [1] - This transition marks Kailong Co., Ltd.'s elevation from a local state-owned enterprise to a provincial strategic platform, potentially enhancing its financing capabilities and industry integration opportunities [1] Group 2: Financial Performance - In the 2024 annual report, Kailong Co., Ltd. reported an operating income of 3.686 billion yuan and a net profit attributable to shareholders of 148 million yuan, with a net cash flow from operating activities of 402 million yuan [2] - Total assets reached 8.058 billion yuan, reflecting a 7.97% increase from the previous year, while equity attributable to shareholders surged by 61.19% to 2.533 billion yuan [2] - The company declared a cash dividend of 1 yuan for every 10 shares to all shareholders [2] Group 3: Industry Outlook - The civil explosives industry is experiencing a positive trend, with industrial explosive production showing slight growth and profits continuing to rise [3] - Kailong Co., Ltd. has expanded its civil explosive production capacity in Xinjiang to 60,100 tons, increasing its market share and successfully executing its first blasting project in the region [3] - The company aims to leverage the improving industry conditions through a dual strategy of organic growth and external acquisitions to capture market opportunities [3]

智通财经APP获悉，4月28日共有27家上市公司的限售股解禁，解禁总市值约317亿元。 今日具体限售解禁股情况如下： | 股票简称 | 股票代码 | 限售股类型 | 解禁股数 | | --- | --- | --- | --- | | 时代新材 | 600458 | 股权激励限售流通 | 649.44万 | | 中航沈飞 | 600760 | 股权激励限售流通 | 361.77万 | | 中钢天源 | 002057 | 股权激励限售流通 | 424.38万 | | 万讯自控 | 300112 | 股权激励限售流通 | 171.15万 | | 新研股份 | 300159 | 股权激励限售流通 | 540万 | | 吉鑫科技 | 601218 | 股权激励限售流通 | 54.63万 | | 凯龙股份 | 002783 | 股权激励限售流通 | 9.74万 | | 东方精工 | 002611 | 股权激励限售流通 | 88万 | | 星帅尔 | 002860 | 股权激励限售流通 | 30.2万 | | 星光农机 | 603789 | 股权激励限售流通 | 513.57万 | | 口子窖 | 603589 | 股权 ...

湖北凯龙化工集团股份有限公司（以下简称"公司"）于2025年3月26日召开 第八届董事会第四十三次会议，审议通过了《关于拟收购湖北东神天神实业有限 公司部分股权的议案》。同意公司使用自有资金18,080.52万元收购湖北东神天神 实业有限公司（以下简称"东神天神"） 51%的股权。具体内容详见公司于2025年 3月27日在《证券时报》《中国证券报》《上海证券报》《证券日报》和巨潮资讯网 http://www.cninfo.com.cn披露的《关于拟收购湖北东神天神实业有限公司部分股 权的公告》（2025-014）。 证券代码：002783 证券简称：凯龙股份 公告编号：2025-034 湖北凯龙化工集团股份有限公司 关于收购湖北东神天神实业有限公司部分股权 完成工商变更登记的公告 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。 湖北凯龙化工集团股份有限公司董事会 2025年4月28日 近日，公司已收到十堰市郧阳区行政审批局核发的《登记通知书》，准予东 神天神投资人变更（备案）等事项登记。变更后，公司持有东神天神 51%股权， 东神天神成为公司控股子公司，纳入公 ...

财务报表中对有大幅变动的财务项目的原因说明如下：投资活动现金流入小计变动幅度为395.18%,原 因:本报告期赎回理财产品较上年同期增加。投资活动现金流出小计变动幅度为165.59%,原因:本报告期 购买理财产品较上年同期增加。固定资产变动幅度为-2.91%,原因:公司计提固定资产折旧及固定资产减 值准备。短期借款变动幅度为-39.28%,原因:公司短期银行贷款减少。长期借款变动幅度为56.72%,原因: 公司长期银行贷款增加。 证券之星价投圈财报分析工具显示：业务评价：公司去年的ROIC为6.86%，资本回报率一般。去年的净 利率为6.96%，算上全部成本后，公司产品或服务的附加值一般。融资分红：公司上市10年以来，累计 融资总额14.49亿元，累计分红总额3.82亿元，分红融资比为0.26。商业模式：公司业绩主要依靠股权融 资驱动。需要仔细研究这类驱动力背后的实际情况。 财报体检工具显示：建议关注公司现金流状况(货币资金/流动负债仅为41.78%、近3年经营性现金流均 值/流动负债仅为15.36%)建议关注公司债务状况(有息资产负债率已达25.23%)建议关注公司应收账款状 况(应收账款/利润已达579. ...

本报记者 李万晨曦 4月24日晚间，湖北凯龙化工集团股份有限公司（以下简称"凯龙股份"）发布2024年年报。报告期内， 公司实现营业收入36.86亿元；实现归属于上市公司的股东的净利润1.48亿元；实现归属于上市公司股东 的扣除非经常性损益的净利润为1.76亿元。公司经营活动产生的现金流量净额为4.02亿元。 此外，凯龙股份还发布利润分配预案，即以公司总股本4.99亿股为基数，向全体股东每10股派发现金红 利1元（含税），合计拟派送现金4993.58万元（含税），不送红股，不以资本公积金转增股本。在业内 人士看来，此举彰显公司对未来现金流的信心，也为资本市场注入稳定预期。 行业龙头地位巩固 民爆作为基础工业的基石，素有"能源工业的能源，基础工业的基础"的称号。 民用爆破器材是凯龙股份业绩的主要来源。2024年，公司民用爆炸物品实现收入13.37亿元，夯实了公 司发展的基本盘；爆破服务实现收入10.22亿元，同比大涨75.05%，成为业绩的重要驱动力；硝酸铵及 复合肥业务实现收入10.03亿元；纳米碳酸钙、矿石业务实现收入1.88亿元，同比增长2.22%。 凯龙股份表示，宏观经济波动及下游基础工业和基础设施建设 ...

证券代码：002783 证券简称：凯龙股份 公告编号：2025－033 湖北凯龙化工集团股份有限公司 二、取得金融机构专项贷款承诺函的情况 根据中国人民银行、国家金融监督管理总局、中国证券监督管理委员会发布 的《关于设立股票回购增持再贷款有关事宜的通知》，公司符合主要股东增持股 票的基本条件。 近日，公司收到控股股东中荆集团通知，中荆集团取得建行荆门分行出具的 《贷款承诺函》，建行荆门分行同意为中荆集团增持凯龙股份股票提供贷款支持， 贷款金额不超过16,200万元人民币，贷款期限36个月；贷款用途需符合监管政策 制度要求；《贷款承诺函》有效期为12个月，自出具之日起计算。 三、风险提示 关于公司控股股东获得增持贷款承诺函的公告 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。 近日，湖北凯龙化工集团股份有限公司（以下简称 "公司"或"凯龙股份"） 收到控股股东中荆投资控股集团有限公司（以下简称 "中荆集团"）通知，中荆 集团已获得中国建设银行股份有限公司荆门分行（以下简称"建行荆门分行"）出 具的《贷款承诺函》。建行荆门分行拟为中荆集团增持公司股份计划提供不超过 ...

证券代码：002783 证券简称：凯龙股份 公告编号：2025－032 湖北凯龙化工集团股份有限公司 关于实际控制人股权转让完成暨公司控制权变更的公告 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。 一、本次公司控制权变更事项概述 湖北凯龙化工集团股份有限公司（以下简称 "上市公司"或"公司"）于 2024 年 12 月 28 日接到实际控制人荆门市人民政府国有资产监督管理委员会（以下 简称"荆门市政府国资委"）的通知：荆门市政府国资委与长江产业投资集团有 限公司（以下简称"长江产业集团"）签署了《荆门市人民政府国有资产监督管 理委员会 长江产业投资集团有限公司关于中荆投资控股集团有限公司股权转让 及控制权变更的框架协议》，长江产业集团拟受让荆门市政府国资委全资所持中 荆投资控股集团有限公司（以下简称"中荆集团"）不低于 75%的股权，并将通 过控制中荆集团取得上市公司控制权。 2025 年 1 月 15 日，长江产业集团、荆门市政府国资委、中荆集团签署《荆 门市人民政府国有资产监督管理委员会与长江产业投资集团有限公司关于中荆 投资控股集团有限公司之股权转让协 ...