关于为全资子公司向银行申请综合授信提供担保的 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。 一、担保情况概述 广东坚朗五金制品股份有限公司（以下简称"公司"）于2024年 3月25日、2024年4月17日分别召开第四届董事会第十四次会议、2023 年年度股东大会，审议通过了《关于2024年度为子公司提供担保额度 预计的议案》，同意公司为全资子公司广东坚朗建材销售有限公司（以 下简称"坚朗建材"）、广东坚宜佳五金制品有限公司（以下简称"坚 宜佳"）等向银行融资等其他业务提供担保，预计担保总额度合计不 超过人民币400,000.00万元。具体内容详见公司披露于巨潮资讯网 （www.cninfo.com.cn）的《关于2024年度为子公司提供担保额度预 计的公告》（公告编号：2024-014）等相关公告。 证券代码：002791 证券简称：坚朗五金 公告编号：2024-091 广东坚朗五金制品股份有限公司 二、担保进展情况 近日，公司全资子公司坚朗建材向兴业银行股份有限公司东莞分 行（以下简称"兴业银行"）申请不超过2.6亿元人民币综合授信额 1 / 3 ...

2024 年第二次临时股东会的 法律意见书 致：广东坚朗五金制品股份有限公司（贵公司） 北京市东城区建国门内大街 26 号新闻大厦 7 层、8 层 电话：010-88004488/66090088 传真：010-66090016 邮编：100005 北京国枫律师事务所 关于广东坚朗五金制品股份有限公司 国枫律股字[2024]A0552 号 3．本所及经办律师依据《证券法》《证券法律业务管理办法》《证券法律业务执业 规则》等规定及本法律意见书出具日以前已经发生或者存在的事实，严格履行了法定职 责，遵循了勤勉尽责和诚实信用原则，进行了充分的核查验证，保证本法律意见所认定 的事实真实、准确、完整，所发表的结论性意见合法、准确，不存在虚假记载、误导性 陈述或者重大遗漏，并承担相应法律责任； 4．本法律意见书仅供贵公司本次会议之目的使用，不得用作任何其他用途。本所 律师同意将本法律意见书随贵公司本次会议决议一起予以公告。 本所律师根据《公司法》《证券法》《股东大会规则》《证券法律业务管理办法》 《证券法律业务执业规则》等相关法律、行政法规、规章、规范性文件的要求，按照律 师行业公认的业务标准、道德规范和勤勉尽责精神，对 ...

证券代码：002791 证券简称：坚朗五金 公告编号：2024-089 广东坚朗五金制品股份有限公司 2024年第二次临时股东会决议公告 本公司及董事会全体成员保证公告内容真实、准确和完整，没 有虚假记载、误导性陈述或者重大遗漏。 网络投票时间为： 通过深圳证券交易所交易系统进行网络投票的具体时间为2024 年11月14日上午9:15-9:25、9:30-11:30和下午13:00-15:00； 通过深圳证券交易所互联网投票系统投票的具体时间为11月14 日9:15-15:00期间的任意时间。 （2）现场会议召开地点：广东省东莞市塘厦镇坚朗路3号公司总 部会议室。 特别提示： （3）会议召开方式：本次股东会采取现场表决与网络投票相结 1、本次股东会未出现否决提案的情形。 2、本次股东会未涉及变更以往股东会已通过的决议。 一、会议召开和出席情况 1、会议召开情况 （1）会议召开时间： 现场会议召开时间为：2024年11月14日下午14:30 1 / 6 合的方式。 （4）会议召集人：公司董事会 （5）现场会议主持人：董事长白宝鲲先生 （6）本次会议的召集、召开与表决程序符合《公司法》《上市公 司股东大会规则》《 ...

证券代码：002791 证券简称：坚朗五金 公告编号：2024-088 广东坚朗五金制品股份有限公司 关于回购公司股份进展的公告 本公司及董事会全体成员保证信息披露的内容真实、准确和 完整，没有虚假记载、误导性陈述或重大遗漏。 一、 公司股份回购的进展情况 截至 2024 年 10 月 31 日，公司累计通过股份回购专用证券账户 以集中竞价交易方式回购公司股份 292,150 股，占公司目前总股本的 比例为 0.09%，最高成交价 22.68 元/股，最低成交价 22.51 元/股， 成交总金额 6,594,183.50 元（不含交易费用）。本次回购符合相关 法律法规的要求，符合既定的回购股份方案。 二、其他说明 公司回购股份的时间、回购股份数量、回购股份价格及集中竞 价交易的委托时段符合《深圳证券交易所上市公司自律监管指引第 9 号——回购股份》第十七条、十八条的相关规定。 1、公司未在下列期间内进行股票回购： （1）自可能对本公司证券及其衍生品种交易价格产生重大影响 的重大事项发生之日或者在决策过程中，至依法披露之日内； 广东坚朗五金制品股份有限公司（以下简称"公司"）于2024年 3月1日召开了第四届董 ...

坚朗五金（002791.SZ） 装修建材 证券研究报告/公司点评报告 2024 年 11 月 02 日 毛利率维持稳定，海外业务持续提升 | --- | --- | --- | --- | --- | --- | --- | --- | |--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|----------------- ...

Investment Rating - The investment rating for the company is "Buy" (maintained) [1] Core Views - The company reported a revenue of 4.91 billion yuan for the first three quarters of 2024, a year-on-year decrease of 11.51%, with a net profit attributable to the parent company of 33 million yuan, down 77.22% year-on-year. In Q3 alone, revenue was 1.7 billion yuan, a decline of 22.46% year-on-year, and net profit was 28 million yuan, down 78.71% year-on-year [2] - The revenue decline in Q3 is attributed to increased pressure from the real estate completion demand, with significant declines expected in categories closely related to real estate, such as door and window hardware. However, the company is actively developing new scenarios and markets, which is expected to maintain an upward trend in market share. The overseas market continues to show good growth, with a cumulative increase of approximately 18% in overseas revenue from self-operated channels [2] - The gross margin remained stable at 31.3% for the first three quarters of 2024, with a slight decline in Q3 gross margin to 31.37%. The increase in expense ratio is notable due to the significant revenue decline, with a 9% decrease in domestic sales personnel since the beginning of the year [3] - The operating cash flow has improved, with a net cash flow from operating activities of 11 million yuan for the first three quarters of 2024, compared to a net outflow of 98 million yuan in the same period last year [3] - The profit forecast for the company has been adjusted downwards for 2024-2026, with net profit estimates of 106 million yuan, 272 million yuan, and 415 million yuan respectively. The price-to-earnings ratio at the closing price on October 31 corresponds to 99X, 39X, and 25X for the respective years [4] Summary by Sections Financial Performance - Total revenue for 2022 was 7.648 billion yuan, with a year-on-year decrease of 13.16%. In 2023, revenue increased slightly to 7.802 billion yuan, a growth of 2%. However, the forecast for 2024 is a decline to 6.795 billion yuan, a decrease of 12.90% [1][4] - The net profit attributable to the parent company was 656 million yuan in 2022, which saw a significant drop to 324 million yuan in 2023, and is expected to further decline to 106 million yuan in 2024, a decrease of 67.16% [1][4] - The latest diluted EPS is projected to be 0.30 yuan per share for 2024, with a P/E ratio of 98.71 [1][4] Market Data - The closing price of the stock is 29.68 yuan, with a market capitalization of approximately 10.5 billion yuan [6] - The company has a price-to-book ratio of 1.84 and a total circulating A-share market value of approximately 4.88 billion yuan [6] Cash Flow and Valuation Metrics - The operating cash flow for 2023 is reported at 499 million yuan, with projections of 735 million yuan for 2024 [11] - The company’s return on equity (ROE) is projected to decline to 2.13% in 2024, with a gradual recovery expected in subsequent years [11]

Investment Rating - The investment rating for the company is maintained at "Buy" [1][2]. Core Views - The report indicates that the company's performance has been negatively impacted by industry trends, but an upward inflection point in performance is anticipated [2]. - For the first three quarters of 2024, the company reported revenue of 4.91 billion yuan, a year-on-year decrease of 11.51%, and a net profit attributable to shareholders of 33 million yuan, down 77.22% year-on-year [2]. - The report projects net profits for 2024-2026 to be 108 million yuan, 243 million yuan, and 293 million yuan respectively, reflecting a significant recovery in 2025 and 2026 [2]. Financial Performance Summary - Revenue for 2024 is estimated at 7.226 billion yuan, with a year-on-year decline of 7.4% [3]. - The gross margin for the first three quarters of 2024 was 31.3%, a slight decrease of 0.27 percentage points year-on-year [2]. - The company’s operating cash flow for the first three quarters of 2024 was 11 million yuan, an increase of 108 million yuan year-on-year, with a cash collection ratio of 93.56% [2]. Market Expansion - The company is actively expanding into emerging high-growth regions such as the Middle East and Africa, with overseas revenue accounting for 11.37% of total revenue as of the first half of 2024 [2]. - The overseas market segment, excluding Portugal, saw a cumulative growth of approximately 18% in the third quarter [2]. Valuation Metrics - The projected earnings per share (EPS) for 2024, 2025, and 2026 are 0.33 yuan, 0.76 yuan, and 0.91 yuan respectively [3]. - The price-to-earnings (P/E) ratios corresponding to the current stock price are 99.6, 44.1, and 36.6 for the years 2024, 2025, and 2026 [2][3].

Investment Rating - The report maintains a "Buy" rating for the company [3][11]. Core Views - The company has experienced a significant decline in revenue and net profit in the first three quarters of 2024, with revenue down 11.51% year-on-year to 4.91 billion yuan and net profit down 77.22% to 32.87 million yuan [1]. - Despite the overall decline, the company’s engineering products have shown growth, particularly in overseas markets, with overall growth exceeding 10% and specific regions like India and the Middle East showing growth rates above 20% and 40% respectively [1]. - The company is focusing on cash flow management and has successfully reduced accounts receivable by 9.9% year-on-year, indicating a strong emphasis on financial health [1]. Financial Performance Summary - Revenue for 2024 is projected to be 6.87 billion yuan, reflecting a year-on-year decline of 11.9% [2]. - The net profit for 2024 is expected to be 72 million yuan, a decrease of 77.6% compared to the previous year [2]. - The company’s gross margin is relatively stable, with a slight decrease to 31.3% in 2024 [6]. - The operating cash flow for 2023 was 499 million yuan, indicating a focus on maintaining positive cash flow despite profitability challenges [7]. Market and Strategic Outlook - The company plans to enhance its presence in both domestic and international markets, particularly focusing on new scenarios such as schools and hospitals, which are less dependent on the real estate market [1]. - The report suggests that the company’s risk resilience and growth potential are expected to improve as it adapts to current market conditions [1].

投资者关系活动记录表 证券代码：002791 证券简称：坚朗五金 编号：2024-012 广东坚朗五金制品股份有限公司 | --- | --- | --- | |---------------------------|---------------------------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------| | | | | | | □特定对象调研 | □分析师会议 | | 投资者关系 | □媒体采访 □业绩说明会 | | | 活动类别 | □新闻发布会 □路演活动 | | | | □现场参观 | ☑ 其他（电话会议） | | 参 与 单位名称 及人员姓名 | 20 余位机构投资者参加本次会议。 | 中信证券、工银瑞信、招商基金、云富投资、至濮投资、 ...

招商证券股份有限公司 招商证券股份有限公司（以下简称"招商证券"或"保荐机构"）作为广东坚朗 五金制品股份有限公司（以下简称"坚朗五金"、"公司"或"发行人"）向特定对象 发行股票的保荐机构，根据《证券发行上市保荐业务管理办法》《上市公司监管 指引第 2 号——上市公司募集资金管理和使用的监管要求》《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》等有关规定，对坚朗五金补充 2024 年度日常关联交易预计事项进行 了审慎核查，具体核查情况如下： 一、日常关联交易基本情况 （一）日常关联交易概述 2023年12月20日，广东坚朗五金制品股份有限公司（以下简称"公司"）召开 第四届董事会第十二次会议和第四届监事会第十二次会议，审议通过《关于2024 年度日常关联交易预计的议案》，预计2024年将与立高食品股份有限公司（以下 简称"立高食品"）及其子公司发生日常关联交易，预计总金额不超过6,000万元。 具体内容详见公司于2023年12月21日在巨潮资讯网（www.cninfo.com.cn）披露的 《关于2024年度日常关联交易预计的公告》（公告编号：202 ...