| 证券代码：002984 | 证券简称：森麒麟 | 公告编号：2024-094 | | --- | --- | --- | | 债券代码：127050 | 债券简称：麒麟转债 | | 青岛森麒麟轮胎股份有限公司 关于召开公司2024年第五次临时股东大会的通知 本公司及董事会全体成员保证信息披露内容的真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 青岛森麒麟轮胎股份有限公司（以下简称"公司"）于2024年8月29日召开 第三届董事会第三十次会议，决定于2024年9月18日（星期三）14:30召开2024年 第五次临时股东大会。现将会议的有关情况通知如下： 一、召开会议的基本情况 2、股东大会的召集人：公司董事会 1、股东大会届次：2024年第五次临时股东大会 经公司第三届董事会第三十次会议审议通过，决定召开2024年第五次临时股 东大会，召集程序符合有关法律、行政法规、部门规章、规范性文件和《公司章 程》等有关规定。 4、会议召开的日期和时间： （1）现场会议时间：2024年9月18日（星期三）14:30 3、会议召开的合法性、合规性情况： 间任意时间。 5、会议的召开方式：本次会议采取现场表决和网 ...

Financial Performance - The company's operating revenue for the first half of 2024 reached ¥4,109,727,525.15, representing a 16.21% increase compared to ¥3,536,563,453.70 in the same period last year[28]. - Net profit attributable to shareholders was ¥1,077,328,393.43, a significant increase of 77.71% from ¥606,231,320.24 in the previous year[28]. - The net profit after deducting non-recurring gains and losses was ¥1,058,695,592.34, up 81.56% from ¥583,104,405.81 year-on-year[28]. - Basic earnings per share increased by 37.63% to ¥1.28 from ¥0.93 in the same period last year[28]. - Total assets at the end of the reporting period were ¥16,090,097,422.27, reflecting a 2.81% increase from ¥15,649,926,492.85 at the end of the previous year[28]. - The net assets attributable to shareholders increased by 5.59% to ¥12,444,861,070.68 from ¥11,786,295,058.75 at the end of the previous year[28]. - The net cash flow from operating activities was ¥695,341,688.81, a decrease of 4.12% compared to ¥725,197,955.69 in the previous year[28]. - The diluted earnings per share rose by 35.63% to ¥1.18 from ¥0.87 in the same period last year[28]. - The weighted average return on equity increased to 8.74% from 7.65% year-on-year[28]. Production and Capacity - In the first half of 2024, the company achieved a tire production of 16.0866 million units, an increase of 18.90% year-on-year, with semi-steel tire production growing by 17.90% and all-steel tire production increasing by 62.78%[43]. - The company is expanding its production capacity with the Morocco plant expected to commence operations in Q4 2024, aiming to meet increasing demand for high-quality tires[42]. - The company has established a global layout with production bases in Thailand and Morocco, aiming to produce 12 million high-performance tires annually in Morocco and 6 million in Thailand by 2023[71]. - The company has reported a production capacity of 1.2 million high-performance tires in Spain for the year 2023[108]. - The company also plans to produce 1.2 million high-performance tires in Morocco, with a focus on passenger cars and light trucks[108]. Market and Sales Strategy - The company has established a sales structure focusing on the overseas replacement market, domestic replacement market, and global mid-to-high-end OEM market, covering over 150 countries and regions[50]. - In the U.S. replacement market, the company's tire products hold a market share of over 5%, while in the European replacement market, the share exceeds 4%[57]. - The company’s semi-steel tire products are experiencing strong demand in the overseas market, particularly in Europe and the United States, while all-steel tire demand remains weak due to high inventory levels[39]. - The sales revenue from large-sized high-performance passenger car and light truck tires (17 inches and above) has consistently accounted for over 65% and 40% respectively in recent years, enhancing the company's pricing power and gross margin[63]. Research and Development - The company’s R&D efforts are directed towards high-performance and environmentally friendly tires, with a diverse product range including over 26,000 specifications in the semi-steel tire segment[47]. - Research and development expenses increased by 59.42% to ¥98,317,885.78, up from ¥61,673,492.99, primarily due to an increase in R&D projects[80]. - The company has committed to becoming a global leader in high-end new energy vehicle tires, capitalizing on the growing market for electric vehicles[40]. - The company has developed a high-end brand image in the tire market, with its products receiving top ratings in various international tire assessments, positioning it competitively against well-known brands[61]. Environmental and Social Responsibility - The company has invested over 3.7 million RMB in environmental governance and protection during the reporting period[175]. - The company has established an environmental monitoring system that transmits emission data in real-time to the relevant authorities[176]. - The company has implemented measures to reduce carbon emissions and is focusing on developing lightweight, low rolling resistance, and low noise green tire products[180]. - The company has set up scholarships at universities to support and encourage outstanding students, reflecting its commitment to social value[188]. - The company emphasizes social responsibility, focusing on talent, customer orientation, quality, technology, and innovation to create value for society and returns for shareholders[181]. Financial Management and Investments - The company's investment cash flow significantly declined by 422.49% to -¥1,565,852,471.48, primarily due to overseas factory construction[80]. - The total investment during the reporting period was 449,909,669.99, representing a 156.93% increase compared to the previous year's investment of 564,321,874.38[103]. - The company has established a dedicated account system for the management of raised funds, ensuring proper usage and oversight[121]. - The company has maintained a rigorous internal control system to manage risks associated with commodity futures hedging activities[121]. - The company has not engaged in speculative derivative investments during the reporting period[120]. Corporate Governance - The company has established a comprehensive corporate governance structure and ensures fair treatment of all shareholders through various communication channels[182]. - The company has conducted several shareholder meetings with participation rates ranging from 50.73% to 55.57%[155]. - The company has fully utilized RMB 75,000,000.00 for working capital supplementation, achieving 100% of the committed investment[130]. - The company has not faced any administrative penalties related to environmental issues during the reporting period[177].

因上述使用部分暂时闲置募集资金进行现金管理的授权即将到期，为提高募集资 金使用效率，更好地实现公司现金的保值增值，保障公司股东的利益，公司于2024年 8月29日分别召开第三届董事会第三十次会议、第三届监事会第二十三次会议，审议 通过了《关于继续使用部分暂时闲置募集资金进行现金管理的议案》，同意公司在确 保不影响向特定对象发行股票募集资金投资项目正常进行和募集资金安全的情况下， 继续使用部分暂时闲置向特定对象发行股票募集资金进行现金管理，使用额度不超过 10亿元人民币，使用期限为自董事会审议通过之日起十二个月之内，在上述额度和期 限范围内资金可滚动使用。现将具体事项公告如下： 一、募集资金基本情况 经中国证券监督管理委员会《关于同意青岛森麒麟轮胎股份有限公司向特定对象 发行股票注册的批复》（证监许可[2023]1432号）核准，同意公司向特定对象发行股票 | 证券代码：002984 | 证券简称：森麒麟 | 公告编号：2024-092 | | --- | --- | --- | | 债券代码：127050 | 债券简称：麒麟转债 | | 青岛森麒麟轮胎股份有限公司 关于继续使用部分暂时闲置募集资金进行现金管理 ...

| 证券代码：002984 | 证券简称：森麒麟 | 公告编号：2024-087 | | --- | --- | --- | | 债券代码：127050 | 债券简称：麒麟转债 | | 青岛森麒麟轮胎股份有限公司 关于公司高级管理人员辞职的公告 本公司及董事会全体成员保证信息披露内容的真实、准确、完整，没有虚假记载、 误导性陈述或重大遗漏。 近日，青岛森麒麟轮胎股份有限公司（以下简称"公司"）董事会收到公司副总经 理姚志广先生的书面辞职报告。姚志广先生因个人原因，申请辞去公司副总经理的职 务，辞职后不再担任公司及子公司任何职务。根据《公司法》及《公司章程》等有关规 定，姚志广先生的辞职报告自送达公司董事会之日起生效。 截至本公告披露日，姚志广先生直接持有公司股份40,362股，占公司当前总股本 的0.0039%。公司董事会将督促姚志广先生严格按照《上市公司股东减持股份管理暂行 办法》《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》《深 圳证券交易所上市公司自律监管指引第18号——股东及董事、监事、高级管理人员减 持股份》等相关规定进行股份管理。 特此公告。 青岛森麒麟轮胎股份有限公司董事会 ...

证券研究报告 森麒麟 (002984 CH) 股价走势图 (%)森麒麟 沪深300 (22) (13) (3) 7 16 Aug-23 Dec-23 Apr-24 Aug-24 资料来源：Wind 基本数据 摩洛哥：政通人和，工业加速计划助力，贸易环境安全 摩洛哥是中国全面战略合作伙伴国家，政局稳定、治安良好、劳动力资源性 价比高，同时与美、欧建立自贸协定，受贸易保护主义干扰较小。自 2001 年以来其 GDP 保持 4%左右，2023 年人均 GDP3672 美元，电力供应充足， 绿电资源丰富。摩洛哥是非洲第二大汽车生产国，境内共有 300 余家汽车 产业链相关的公司，目前汽车整车厂包括雷诺和标致雪铁龙，合计产能 70 万辆；为配套汽车工业，摩洛哥大力引进汽车零部件投资，美、欧企业引领， 中信戴卡等多家中国零部件制造商均已在摩投资设厂。且基于摩洛哥全球逾 7 成的磷矿石资源储量，未来对新能源产业吸引力较大。 丹吉尔科技城："一带一路"旗舰项目，中资控股、政策优惠 公司摩洛哥项目位于丹吉尔科技城，科技城由中国交建、中国路桥参与建设， 是中摩两国"一带一路"旗舰项目，专业的中国团队帮助公司提供全面服务 和风险规 ...

汽车 上 市 公 司 2024 年 07 月 16 日 森麒麟 (002984) ——海外半钢供不应求以及少量退税带动 Q2 盈利增长, 业绩符合预期 证 券 研 究 报 告 市场数据: 2024 年 07 月 15 日 收盘价(元) 23.87 一年内最高/最低(元) 37.13/21.82 市净率 2.1 息率(分红/股价) 1.72 流通 A 股市值(百万元) 16,659 上证指数/深证成指 2,974.01/8,801.62 注:"息率"以最近一年已公布分红计算 基础数据: 2024 年 03 月 31 日 每股净资产(元) 16.12 资产负债率% 23.80 总股本/流通 A 股(百万) 1,028/698 流通 B 股/H 股(百万) -/- 一年内股价与大盘对比走势: 07-1708-1709-1710-1711-1712-1701-1702-1703-1704-1705-1706-17 -20% -10% 0% 10% 20% 30% 森麒麟 沪深300指数 (收益率) 相关研究 《森麒麟(002984)点评:反倾销税率下 行利好至美国的价格和成本,业绩明显超预 期》 2024/04/22 ...

国泰君安版权所有发送给上海东方财富金融数据服务有限公司.东财接收研报邮箱.ybjieshou@eastmoney.com p1 | --- | --- | --- | --- | |---------------------------------------------|----------------------------|-----------|------------| | | | 基础化工 | /原材料 | | | [Table_Invest] 评级: | | 增持 | | 业绩符合预期,摩洛哥项目有望四季度投产 | [Table_Target] 目标价格: | 上次评级: | 增持34.24 | | 2024 年中报预告点评 | [当前价格: Table_CurPrice] | 上次预测: | 34.2424.60 | | 陈传双(研究助理) | | | | | 021-38676675chenchuanshuang027603@gtjas.com | [Table_Date] | | 2024.07.14 | 登记编号 S0880522120008 S0880123060038 本报告导读: ...

Investment Rating - The investment rating for the company is "Buy" and is maintained [4][6]. Core Views - The company is expected to achieve a net profit attributable to shareholders of between 1.0 billion to 1.2 billion yuan in the first half of 2024, representing a year-on-year growth of 65.0% to 97.9% [5][6]. - For Q2 2024, the estimated net profit is projected to be between 0.5 billion to 0.7 billion yuan, with a year-on-year increase of 39.4% to 95.6% [5][6]. - The company is a leading domestic tire manufacturer with global leadership in intelligent manufacturing, and its overseas production capacity is steadily being released [5][6]. Summary by Sections Performance Outlook - The company has announced a profit increase for the first half of 2024, with expectations of achieving a historical high in net profit for Q2 2024 [5][6]. - The company is experiencing high demand for its high-quality semi-steel tire products in the overseas market, particularly in Europe and the United States, where orders are in short supply due to capacity constraints [5][6]. International Expansion - The company is actively expanding its international production capacity, with significant projects underway in Thailand and Morocco [6]. - The Thai subsidiary's anti-dumping tax rate has been set at 1.24%, which is expected to enhance the company's competitiveness in the U.S. market [5][6]. Financial Projections - The company forecasts net profits of 2.49 billion yuan, 2.81 billion yuan, and 3.33 billion yuan for the years 2024, 2025, and 2026, respectively [6][11]. - The projected revenue for 2024 is estimated at 10.11 billion yuan, with a gross profit margin of 32% [11].

[ T able_StockInfo] 2024 年 07 月 10 日 证券研究报告•2024 年半年度业绩预告点评 买入 (维持) 当前价:24.44 元 森 麒 麟(002984)汽车 目标价:34.35 元(6 个月) 半钢胎无惧波动,摩洛哥项目提供未来增量 [Table_Summary 事件:公司发布] 2024年半年度业绩预告,2024H1 实现归母净利润 10-12亿元, 同 比 +64.95%-97.94% ; 实 现 扣 非 归 母 净 利 润 10-12 亿 元 , 同 比 +71.50%-105.80%。其中,2024Q2 实现归母净利润 4.96-6.96 亿元,同比 +39.33%-95.51%,环比-1.59%-(+38.10%);实现扣非归母净利润 5.03-7.03 亿 元,同比+46.65%-104.96%,环比+1.21%-41.45%。 半钢胎和出口需求强劲,持续看好半钢胎消费需求。据国家统计局和海关总署数 据,2024M1-M5,国内橡胶轮胎外胎产量累计 4.3 亿条,同比+11.0%;出口累 计 2.7亿条,同比+9.2%,轮胎消费需求依然旺盛。开工率方面,截至 20 ...

证券研究报告 森麒麟 (002984 CH) H1 净利预增,摩洛哥项目落地在即 投资评级(维持): 买入 目标价(人民币): 33.30 华泰研究 公告点评 2024 年 7 月 10 日│中国内地 橡塑制品 24H1 预计实现归母净利 10-12 亿元,维持"买入"评级 森麒麟 7 月 9 日发布 24 年半年度业绩预告,24H1 预计归母净利润 10-12 亿元,同比增长 65%-98%,扣非后 10-12 亿元,同比增长 72%-106%,其 中 Q2 归母净利润预计 5-7 亿元,同比增 40%-97%(环比增 0%-40%)。考 虑海外基地放量及需求景气,我们上调公司轮胎销量等预测,预计公司 24-26 年归母净利润 22.8/30.0/34.9 亿元(前值 20.2/24.0/28.3 亿元),对应 EPS 为 2.22/2.92/3.39 元,参考可比公司 24 年 Wind 一致预期平均 12xPE, 考虑公司海外项目增量显著,给予公司 24 年 15xPE,目标价 33.3 元,维 持"买入"评级。 海外订单供不应求,泰国最低税率强化竞争优势 据公司 24 年半年度业绩预告,在海外市场,公 ...