Group 1: Company Overview - In 2024, the company's operating revenue was 976.343 million yuan, a decrease of 10.10% compared to the previous year [2] - The net profit attributable to shareholders was 72.5504 million yuan, down 0.82% year-on-year [2] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 58.2917 million yuan, an increase of 3.26% year-on-year [2] Group 2: Business Development - The revenue from humanoid robots is currently small, but the company is actively exploring market opportunities and enhancing R&D innovation [2] - The company has established connections and collaborations with several domestic main engine manufacturers [2] Group 3: Market Value Management - The company is committed to improving operational management and internal value as part of its market value management strategy [3] - The company plans to communicate with the capital market through multiple channels to convey value concepts and create stable returns for investors [3] Group 4: Product Strategy - The improvement in gross margins across the three main business segments is attributed to technological innovation and the development of high-value-added products [3] - The company aims to enhance product quality and technological content by introducing advanced technologies, thereby increasing customer loyalty and market share [3] Group 5: Future Plans - The company is considering various opportunities and plans for mergers and acquisitions or financing based on industry trends and overall strategic planning [3] - Any future plans that align with strategic directions will be disclosed in compliance with regulatory requirements [3]

Investment Rating - The report maintains a "Recommended" rating for the company, with a current stock price of 84.77 yuan [1]. Core Views - The company has shown a significant improvement in the gross margin of its reducers, demonstrating scalable precision manufacturing capabilities [1][7]. - In 2024, the company achieved a revenue of 976 million yuan, a year-on-year decrease of 10.10%, while the net profit attributable to shareholders was 72.55 million yuan, a decrease of 0.82% year-on-year [4][7]. - The company has a strong market position in small and micro gear motors and has made technological breakthroughs in precision reducers, competing effectively against foreign companies [8]. Financial Performance Summary - **Revenue and Profitability**: The company’s revenue is projected to recover to 1,084 million yuan in 2025, with a net profit of 89 million yuan, reflecting a year-on-year growth of 23.2% [6][10]. - **Gross Margin**: The gross margin for 2024 is reported at 25.9%, an increase of 3.02 percentage points year-on-year, indicating improved cost management [7][10]. - **Earnings Per Share (EPS)**: The EPS is expected to grow from 0.48 yuan in 2024 to 0.59 yuan in 2025, with further increases projected in subsequent years [6][10]. Product and Market Position - The company focuses on key components in the mechanical transmission and control application fields, with a product structure that includes reducers, gear motors, and intelligent actuators [8]. - The main products, including gear motors and precision reducers, have shown sales growth, with the precision reducer's gross margin increasing by 10.57 percentage points year-on-year [7][8]. - The company is actively expanding into humanoid robot components, positioning itself well in the growing market for robotics [8]. Financial Ratios and Projections - **Return on Equity (ROE)**: The ROE is projected to improve from 6.2% in 2024 to 8.7% by 2027, indicating enhanced profitability [10]. - **Debt Ratios**: The asset-liability ratio is expected to decrease from 28.3% in 2024 to 24.7% in 2027, reflecting a stronger balance sheet [10]. - **Cash Flow**: Operating cash flow is projected to be 131 million yuan in 2025, indicating healthy cash generation capabilities [11].

Core Viewpoint - The company, Ningbo Zhongdali Intelligent Transmission Co., Ltd., has approved its 2024 annual report and profit distribution plan, which includes a cash dividend and a capital reserve increase in shares [2][12][17]. Company Overview - The company operates in the mechanical transmission and control application sector, focusing on the research, development, manufacturing, and sales of key components [3]. - It specializes in automation transmission and drive devices, producing core components such as reduction motors and gear reducers, while continuously enhancing its product offerings [3]. Financial Data - In 2024, the company reported a revenue of CNY 976.34 million, a decrease of 10.10% year-on-year, and a net profit attributable to shareholders of CNY 72.55 million, down 0.82% year-on-year [14]. - The profit distribution plan includes a cash dividend of CNY 2.60 per 10 shares and a capital reserve increase of 3 shares for every 10 shares held [17]. Board Resolutions - The board has approved several key resolutions, including the annual financial report, profit distribution plan, and the appointment of the auditing firm for 2025 [12][23][75]. - The company plans to hold its annual shareholders' meeting on May 15, 2025, to discuss these resolutions [40]. Important Events - The company has decided to terminate its application for issuing convertible bonds to unspecified objects and has withdrawn the application [5]. - It plans to acquire land use rights for industrial land in Cixi, with a budget of up to CNY 30 million [5]. Audit and Compliance - The company has proposed to continue its relationship with Zhonghui Certified Public Accountants for the 2025 audit, which requires shareholder approval [63][75]. - The audit firm has a solid track record, with no criminal penalties in the last three years and a commitment to independent auditing principles [66][73]. Shareholder Engagement - The company emphasizes transparency and accuracy in its disclosures, ensuring that all board members are present for key meetings [6][44]. - The upcoming shareholders' meeting will allow for direct engagement with shareholders regarding the company's performance and future plans [45].

Group 1 - The company has proposed a profit distribution plan for the year 2024, which includes a cash dividend of 2.60 yuan per 10 shares, totaling 39,304,534.10 yuan, and a capital reserve increase of 3 shares for every 10 shares held, resulting in an increase of total shares to 196,522,670.5 shares [6][62]. - The company's net profit for 2024 is reported at 72,550,353.38 yuan, with a decrease of 0.82% compared to the previous year, while the total revenue for the same period is 976,342,989.09 yuan, reflecting a decline of 10.10% [59]. - The company has accumulated undistributed profits of 435,846,043.62 yuan as of December 31, 2024, with the actual distributable profit being 433,981,726.73 yuan [5][6]. Group 2 - The company has approved a plan for daily related party transactions for 2025, estimating the total amount to not exceed 22.10 million yuan, compared to 4.84 million yuan in the previous year [14]. - The company has established a guarantee amount not exceeding 1 billion yuan for its subsidiaries, which is 85.14% of the company's latest audited net assets [26][32]. - The company has reported a total of 9,290,926.26 yuan in asset impairment provisions for 2024, which will reduce the net profit attributable to the parent company by 5,575,816.39 yuan [46]. Group 3 - The company will hold an annual performance briefing on April 30, 2025, to communicate with investors regarding its operational performance and development strategy [50][51]. - The company has undergone changes in accounting policies in accordance with the Ministry of Finance's regulations, which will not significantly impact its financial status or operational results [36][41]. - The company has confirmed that its internal control system is effective and complies with relevant regulations, ensuring the integrity of its financial reporting [67].

证券代码：002896 证券简称：中大力德 公告编号：2025-021 宁波中大力德智能传动股份有限公司 关于召开 2024 年度股东大会的通知 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、召开会议的基本情况 （2）网络投票时间： ①通过深圳证券交易所交易系统进行网络投票的时间为 2025 年 5 月 15 日上 午 9:15-9:25，9:30-11:30，下午 13:00-15:00。 ①通过深圳证券交易所互联网投票系统投票的开始时间为 2025 年 5 月 15 日 9:15，结束时间为 2025 年 5 月 15 日 15:00。 5、会议召开方式：本次股东大会采用现场投票与网络投票相结合的方式召 开。 （1）现场投票：股东本人出席现场会议或者通过授权委托方式委托他人出 席现场会议； 1、股东大会届次：宁波中大力德智能传动股份有限公司 2024 年度股东大会 2、股东大会的召集人：公司董事会 3、会议召开的合法、合规性：本次股东大会会议召开符合有关法律、行政 法规、部门规章、规范性文件和公司章程的规定。 4、会议召开的日期、时间 （1）现场会议 ...

证券代码：002896 证券简称：中大力德 公告编号：2025-012 宁波中大力德智能传动股份有限公司 第三届监事会第十九次会议决议公告 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、监事会会议召开情况 宁波中大力德智能传动股份有限公司（以下简称"公司"）第三届监事会第 十九次会议通知已于 2025 年 4 月 1 日以通讯方式向各位监事发出，本次会议于 2025 年 4 月 16 日在公司会议室以现场方式召开。会议由监事会主席罗杰波先生 主持，会议应出席监事 3 名，实际出席监事 3 名。本次会议的召集、召开符合《公 司法》等有关法律、法规及《公司章程》的规定。 二、监事会会议审议情况 （一）审议通过了《关于 2024 年度监事会工作报告的议案》 表决结果：有效表决票 3 票，同意票 3 票，反对票 0 票，弃权票 0 票。 具体内容详见同日刊登于巨潮资讯网（www.cninfo.com.cn）上的《2024 年 度监事会工作报告》。 本议案需提交股东大会审议。 （二）审议通过了《关于 2024 年年度报告及摘要的议案》 具体内容详见同日刊登于巨潮资 ...

宁波中大力德智能传动股份有限公司 监事会对 2024 年度内部控制评价报告的意见 根据《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 指南第 1 号——业务办理》等有关规定，监事会对公司《2024 年内部控制评价 报告》进行了审核，发表意见如下： 监事会认为：公司已按照《企业内部控制基本规范》《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》等规定，建立了较为完善 的内部控制体系并能得到有效的执行。《2024 年度内部控制评价报告》真实、 客观地反映了公司内部控制的实际情况，监事会对上述内部控制评价报告无异议。 宁波中大力德智能传动股份有限公司监事会 2025 年 4 月 16 日 ...

宁波中大力德智能传动股份有限公司 第三届董事会独立董事专门会议第四次会议决议 宁波中大力德智能传动股份有限公司（以下简称"公司"）第三届董事会独 立董事专门会议第四次会议于 2025 年 4 月 16 日在公司会议室以现场及通讯方式 召开，会议通知以通讯方式于 2025 年 4 月 1 日向各位独立董事发出。本次会议 由独立董事周忠先生主持，应参加独立董事 3 名，实际参加独立董事 3 名，审议 通过如下决议： 宁波中大力德智能传动股份有限公司 独立董事：周忠、周燕玲、童群 2025 年 4 月 16 日 一、审议通过《关于 2024 年度利润分配及资本公积转增股本预案的议案》 表决结果：有效表决票 3 票，同意票 3 票，反对票 0 票，弃权票 0 票。 经审核，我们认为：本次利润分配及资本公积转增股本预案充分考虑了公司 的经营状况、公司未来的发展需要以及股东的投资回报，符合公司及全体股东的 利益。我们一致同意 2024 年度利润分配及资本公积转增股本预案，并同意提交 公司董事会审议。 二、审议通过《关于 2024 年度日常关联交易执行情况及 2025 年度日常关 联交易预计事项的议案》 表决结果：有效表决 ...

证券代码：002896 证券简称：中大力德 公告编号：2025-011 宁波中大力德智能传动股份有限公司 第三届董事会第二十三次会议决议公告 （二）审议通过《关于 2024 年度董事会工作报告的议案》 表决结果：有效表决票 8 票，同意票 8 票，反对票 0 票，弃权票 0 票。 具体内容详见同日刊登于巨潮资讯网（www.cninfo.com.cn）上的《2024 年 度董事会工作报告》。 公司独立董事向公司董事会提交了《2024 年度独立董事述职报告》，并将 在公司 2024 年度股东大会上进行述职。董事会审计委员会根据履职情况提交了 《董事会审计委员会 2024 年度履职情况报告》。董事会对公司独立董事的独立 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、董事会会议召开情况 宁波中大力德智能传动股份有限公司（以下简称"公司"）第三届董事会第 二十三次会议通知已于 2025 年 4 月 1 日以通讯方式向各位董事发出，本次会议 于 2025 年 4 月 16 日在公司会议室以现场及通讯方式召开。会议由董事长岑国建 先生主持，会议应出席董事 8 名，实际 ...

证券代码：002896 证券简称：中大力德 公告编号：2025-014 宁波中大力德智能传动股份有限公司 关于 2024 年度利润分配及资本公积转增股本预案的公告 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、审议程序 宁波中大力德智能传动股份有限公司（以下简称"公司"）于 2025 年 4 月 16 日召开了第三届董事会第二十三次会议、第三届监事会第十九次会议，审议 通过了《关于 2024 年度利润分配及资本公积转增股本预案的议案》，该议案尚 需提交公司 2024 年度股东大会审议。 二、利润分配和资本公积金转增股本方案的基本情况 （一）本次利润分配和资本公积金转增股本方案的基本内容 1、分配基准：2024 年度 2、公司 2024 年度可分配利润情况 根据中汇会计师事务所（特殊普通合伙）审计，公司 2024 年合并报表中实 现归属于上市公司股东的净利润为 72,550,353.38 元，母公司实现的净利润为 95,073,127.00 元，根据《中华人民共和国公司法》及《公司章程》相关规定，2024 年计提法定盈余公积金 9,507,312.70 元 ...