Financial Performance - The company's operating revenue for Q1 2025 was ¥1,415,321,802.64, representing a 1.34% increase compared to ¥1,396,565,080.60 in the same period last year[5] - Net profit attributable to shareholders increased by 270.31% to ¥38,868,518.23 from ¥10,496,142.25 year-on-year[5] - The net profit after deducting non-recurring gains and losses surged by 602.92% to ¥36,468,233.79 from ¥5,188,111.67 in the previous year[5] - Basic and diluted earnings per share increased by 270.37% to ¥0.0100 from ¥0.0027 year-on-year[5] - Operating profit increased significantly to ¥53,795,619.82, compared to ¥15,731,536.11 in the previous period, reflecting a growth of 241.5%[22] - Net profit for the current period was ¥40,245,427.78, up from ¥11,152,463.15, marking an increase of 261.5%[22] - The total comprehensive income for the current period was ¥40,150,892.06, compared to ¥11,665,738.15 in the previous period, representing an increase of 244.5%[22] Cash Flow and Assets - The net cash flow from operating activities rose by 26.81% to ¥53,286,014.62 compared to ¥42,019,362.93 in the same quarter last year[5] - The company's cash and cash equivalents decreased from RMB 1,285,450,212.26 to RMB 1,238,261,655.13, a decrease of approximately 3.67%[18] - The company experienced a decrease in total financing cash flow, with a net outflow of ¥203,312,944.40 compared to a net inflow of ¥102,410,303.96 in the previous period[25] Shareholder Information - The total number of common shareholders at the end of the reporting period is 130,738[9] - The largest shareholder, Zhuhai Port Holdings Group Co., Ltd., holds 20.33% of shares, totaling 792,427,590 shares[9] - The second-largest shareholder, Si Xingkui, holds 6.20% of shares, totaling 241,512,891 shares, with 83,910,000 shares pledged[9] - The top ten shareholders collectively hold significant stakes, with the first three shareholders accounting for 26.87% of total shares[9] - The top ten unrestricted shareholders hold a total of 1,000,000,000 shares, with the largest unrestricted shareholder being Zhuhai Port Holdings Group Co., Ltd.[10] - The company has not identified any related relationships or concerted actions among the top shareholders during the reporting period[10] Liabilities and Equity - Total assets decreased by 3.03% to ¥15,050,449,892.10 from ¥15,519,961,275.26 at the end of the previous year[5] - The company's long-term borrowings increased by 45.78% to ¥1,268,831,176.54 from ¥870,380,912.37 at the beginning of the year[8] - Total liabilities decreased from RMB 8,603,052,815.06 to RMB 8,072,347,585.10, a reduction of approximately 6.16%[19] - The company's total equity increased from RMB 6,916,908,460.20 to RMB 6,978,102,307.00, an increase of approximately 0.89%[20] Investments and Financing - The cash flow from investing activities saw a significant increase of 2107.55%, reaching ¥158,027,949.24 compared to -¥7,871,668.15 in the same period last year[8] - The company has approved a financing application of up to RMB 7 billion, with a single financing limit of RMB 500 million, authorized for 12 months[15] - The company plans to repurchase shares with a total fund of no less than RMB 100 million and no more than RMB 200 million, at a maximum price of RMB 2.73 per share, within 12 months[16] - As of March 31, 2025, the company has repurchased 20,158,600 shares, accounting for approximately 0.52% of the total share capital, with a total payment of RMB 49,965,966[16] Tax and Expenses - The company's tax expenses rose by 167.55% to ¥13,517,295.91 due to an increase in total profit[8] - Research and development expenses increased to ¥34,325,639.55, up from ¥28,415,496.55, reflecting a growth of 20.8%[21] - The company reported a significant improvement in credit impairment losses, with a recovery of ¥1,712,567.19 compared to a loss of ¥10,981,240.72 in the previous period[21]

Financial Performance - The company's operating revenue for 2022 was CNY 5,912,890,720.74, representing a 2.86% increase compared to CNY 5,748,727,046.65 in 2021[21]. - The net profit attributable to shareholders decreased by 13.57% to CNY 246,003,358.81 from CNY 284,618,271.24 in the previous year[21]. - The basic earnings per share fell by 25.00% to CNY 0.06 from CNY 0.08 in 2021[21]. - The total assets increased by 15.94% to CNY 15,618,976,720.70 at the end of 2022, up from CNY 13,471,241,363.11 at the end of 2021[21]. - The net assets attributable to shareholders rose by 3.52% to CNY 6,741,055,888.37 from CNY 6,512,016,146.26 in the previous year[21]. - The cash flow from operating activities showed a significant decline, with a net outflow of CNY 66,328,357.90 compared to a net inflow of CNY 205,287,332.36 in 2021, marking a 132.31% decrease[21]. - The company reported a weighted average return on equity of 3.79%, down from 4.50% in the previous year[21]. - The net profit after deducting non-recurring gains and losses was CNY 229,236,516.89, a decrease of 10.95% from CNY 257,419,964.17 in 2021[21]. Revenue Breakdown - The company's total revenue for Q1, Q2, Q3, and Q4 was approximately $1.35 billion, $1.53 billion, $1.48 billion, and $1.55 billion respectively, showing a year-over-year increase in Q4[23]. - Net profit attributable to shareholders for Q1, Q2, Q3, and Q4 was approximately $52.05 million, $58.85 million, $61.17 million, and $73.93 million respectively, indicating a significant increase in Q4[23]. - The net profit after deducting non-recurring gains and losses for Q1, Q2, Q3, and Q4 was approximately $38.26 million, $57.87 million, $56.01 million, and $77.09 million respectively, with Q4 showing a notable increase[23]. - The net cash flow from operating activities was approximately $27.97 million, $56.18 million, $41.84 million, and -$192.32 million for Q1, Q2, Q3, and Q4 respectively, indicating a significant cash outflow in Q4[23]. Wind Power Sector Insights - The global wind power installed capacity reached 906 GW by the end of 2022, with a compound annual growth rate of 7.7% from 2017 to 2022, and is expected to add 680 GW over the next five years[30]. - In 2022, China's newly installed wind power capacity was 49.83 GW, a year-over-year decrease of 10.3%, with onshore wind accounting for 89.7% of the total[31]. - The average single-unit capacity of newly installed wind turbines in China increased by 27.8% year-over-year to 4.5 MW in 2022[31]. - The company aims to become a leading international energy equipment manufacturer and a well-known functional materials supplier, focusing on large forgings, castings, and structural components[35]. - The company delivered over 1,100 cast main shafts and successfully launched the world's first 9 MW forged wind power main shaft, showcasing its competitive advantage in large-scale wind power main shafts[50]. - The company is focused on optimizing its resource allocation around its core business to maximize resource utilization[94]. - The wind power sector is a key business area, and the company plans to solidify its leading position in wind power spindles and expand into offshore and overseas markets[98]. Research and Development - The company invested ¥153 million in R&D in 2022, leading to the successful development of over 20 products and the upgrade of 68 sets of various machining equipment[51]. - R&D investment amounted to ¥152,568,100.30 in 2022, representing 2.58% of total revenue, a decrease from 2.65% in 2021[70]. - The number of R&D personnel increased by 1.69% to 422 in 2022, with a notable rise in bachelor's degree holders by 16.83%[69]. - The company has successfully developed a 9MW wind power forged main shaft product, aligning with national clean energy development strategies[66]. - The company is actively engaged in research and development of new technologies related to wind power, aiming to strengthen its competitive edge in the market[105]. Governance and Management - The company has a diverse board of directors with various roles and responsibilities, ensuring effective governance[121]. - The company has implemented a performance evaluation and incentive mechanism for its directors, supervisors, and senior management, which was reviewed by the remuneration and assessment committee[115]. - The company has maintained independence in its operations, assets, personnel, and finances, with no guarantees provided for the controlling shareholder or related parties[111]. - The company has established a clear policy for remuneration based on performance and company objectives, ensuring alignment with shareholder interests[143]. - The company has been enhancing its market position through strategic appointments and governance improvements, positioning itself for future growth opportunities[128]. Environmental Compliance - The company has obtained environmental permits for several projects, including the high-end equipment core component intelligent precision production project approved on February 24, 2022[170]. - The company complies with regional air pollution discharge standards, including specific limits for sulfur dioxide and nitrogen oxides[171]. - The company reported a total pollutant discharge of 291.69 tons per year for nitrogen oxides, with specific compliance measures in place[171]. - The company has implemented advanced VOCs treatment technology, specifically catalytic oxidation combustion (RCO) equipment, to effectively manage emissions during the coating process[176]. - The company has adopted measures to reduce carbon emissions, although no administrative penalties were reported during the reporting period[177]. Shareholder Engagement - The company held a total of 5 shareholder meetings in 2022, ensuring equal rights for all shareholders through a combination of on-site and online voting methods[110]. - The participation rate in the 2022 first extraordinary general meeting was 31.31%[119]. - The company has actively organized and participated in board meetings and specialized committee meetings[149]. - The company is committed to transparency, providing detailed updates on its fundraising and project progress through investor communications[103]. Financial Management - The company has a strong financial management team, with key personnel including CFO Ma Xiaochuan, who has been in the role since September 2020 and has a background in finance and accounting[131]. - The company has established a comprehensive internal control system covering all major aspects of its operations[163]. - The internal control audit report indicates that the company effectively maintained internal controls related to financial statements as of December 31, 2022[167]. - The company has committed to ensuring the legality and validity of historical changes in capital and shareholder structures related to Tongyu Heavy Industry[181].

Financial Performance - The company's operating revenue for 2024 is 6.154 billion RMB, with a net profit attributable to shareholders of 41 million RMB, representing a significant decline compared to the previous year[5]. - The net profit attributable to shareholders after deducting non-recurring gains and losses is 23 million RMB, indicating a challenging market environment[5]. - The company's operating revenue for 2024 was CNY 6,153,892,818.15, representing a 5.94% increase compared to CNY 5,912,890,720.74 in 2023[25]. - The net profit attributable to shareholders for 2024 decreased by 79.73% to CNY 41,376,011.17 from CNY 246,003,358.81 in 2023[25]. - The net profit attributable to shareholders after deducting non-recurring gains and losses for 2024 was CNY 22,646,288.85, down 87.69% from CNY 229,236,516.89 in 2023[25]. - The net cash flow from operating activities for 2024 increased by 268.79% to CNY 224,338,841.44 compared to CNY 66,328,357.90 in 2023[25]. - The total assets at the end of 2024 were CNY 15,519,961,275.26, a decrease of 0.73% from CNY 15,634,446,446.58 at the end of 2023[25]. - The net assets attributable to shareholders at the end of 2024 were CNY 6,865,484,019.24, reflecting a 0.53% increase from CNY 6,829,263,556.85 at the end of 2023[25]. - The company reported a basic earnings per share of CNY 0.01 for 2024, down 80.00% from CNY 0.06 in 2023[25]. Market Environment and Competition - The decline in net profit is primarily attributed to intensified competition in the wind power industry, leading to a decrease in product prices[7]. - The company has not experienced significant adverse changes in its main business or core competitiveness during the reporting period[7]. - The company recognizes risks associated with macroeconomic fluctuations and the wind power industry, implementing strategies to adjust product structures and maintain competitiveness[113]. - The company faces risks from raw material price fluctuations, with raw material costs accounting for over 50% of operating costs, potentially impacting gross margins if prices rise significantly[114]. Strategic Initiatives and Future Growth - The company emphasizes its commitment to innovation and product structure optimization to enhance core competitiveness and promote high-quality development[7]. - The high-end equipment manufacturing industry is identified as a key area for future growth, supported by national strategic initiatives[7]. - The company will continue to focus on research and development to align with market demands and national strategies[7]. - The company aims to expand its product offerings in the hydropower sector, leveraging national initiatives to develop water resources[43]. - The company aims to strengthen its market presence in high-value-added products, including aerospace and nuclear equipment, while also developing new energy storage solutions[108]. - The company is focused on expanding its capabilities in both onshore and offshore wind power markets through innovative product development and process improvements[73]. Research and Development - The company has launched a stock repurchase plan and is among the first 23 listed companies in China to receive special funds for stock repurchase and increase holdings[59]. - Research and development expenses decreased by 19.69% to ¥148,863,107.13 compared to ¥185,369,310.49 in the previous year[72]. - The number of R&D personnel increased to 486 in 2024, representing a growth of 5.42% from 461 in 2023[79]. - The company is currently developing new technologies for low-oxygen titanium powder production, which aims to reduce pollution and energy consumption in titanium material production[77]. Corporate Governance and Management - The board of directors has confirmed the accuracy and completeness of the financial report, ensuring no misleading statements or omissions[7]. - The company conducted 12 board meetings in 2024, adhering to relevant regulatory rules and ensuring proper governance[124]. - The company’s management team consists of 8 senior executives, including the general manager and CFO, who are responsible for driving business operations and internal management improvements[127]. - The company has maintained a high level of information disclosure, achieving the highest A rating in the Shenzhen Stock Exchange's information disclosure assessment for four consecutive years[129]. Environmental Responsibility - The company adheres to environmental protection standards, ensuring compliance with regional and national emission regulations[179]. - The company has implemented VOCs waste gas treatment equipment to enhance environmental protection measures[184]. - The company emphasizes high-tech, low resource consumption, and minimal environmental pollution in its industrialization approach[187]. - The company actively participates in charitable activities, including donations for the Gansu earthquake disaster area[188]. Shareholder Engagement and Remuneration - The company held four shareholder meetings in 2024, ensuring equal rights for all shareholders through a combination of on-site and online voting[122]. - The total remuneration for directors, supervisors, and senior management in 2024 amounted to CNY 1,927.03 million[156]. - The company has a performance-based remuneration system for its directors and senior management, with payments subject to annual performance evaluations[154]. - The company’s annual and temporary shareholder meetings had participation rates of approximately 27.28% to 27.52% during the reporting period, indicating active shareholder involvement[133]. Risk Management - The company has outlined potential risks and corresponding measures in its management discussion and analysis section[10]. - The company has implemented a comprehensive risk management system in accordance with relevant laws and regulations, optimizing internal control processes and enhancing management oversight[172]. - The internal control evaluation report indicates that the company maintained effective internal control over financial reporting in all material aspects as of December 31, 2024[176]. Organizational Changes - The company initiated a major organizational restructuring to enhance management efficiency, transitioning to a market-oriented division structure and integrating subsidiaries to focus on core business areas[52]. - The company has established a new wholly-owned subsidiary, Zhuhai Tongyu Aviation Technology Co., Ltd., in May 2024[200]. - The company’s subsidiary RDM-TY LLC completed its deregistration process in July 2024[200].

Financial Performance - The company's operating revenue for 2023 was approximately ¥5.81 billion, a decrease of 1.76% compared to ¥5.91 billion in 2022[20]. - The net profit attributable to shareholders for 2023 was approximately ¥204.17 million, down 17.01% from ¥246.00 million in 2022[20]. - The basic earnings per share for 2023 was ¥0.05, a decline of 16.67% compared to ¥0.06 in 2022[20]. - The total assets at the end of 2023 were approximately ¥15.63 billion, reflecting a slight increase of 0.10% from ¥15.62 billion at the end of 2022[20]. - The net cash flow from operating activities for 2023 was negative at approximately -¥132.91 million, worsening from -¥66.33 million in 2022[20]. - The weighted average return on equity for 2023 was 3.01%, down from 3.79% in 2022[20]. - The net profit after deducting non-recurring gains and losses for 2023 was approximately ¥184.02 million, a decrease of 19.72% from ¥229.24 million in 2022[20]. - The company reported a negative net profit in the fourth quarter of 2023, amounting to approximately -¥46.67 million attributable to shareholders[22]. Market and Product Development - The company’s main products include wind power components, with a focus on both onshore and offshore wind turbine parts, including forged main shafts and cast hubs[31]. - The company is focusing on high-end casting and forging products, targeting markets such as aerospace and marine engineering, to drive high-quality development[30]. - The wind power main shaft revenue increased by 26.46% year-on-year, contributing 22.50% to total revenue, while modular wind power equipment revenue decreased by 49.08% year-on-year[45]. - The company has developed several new products, including the DN3000 large ductile iron pipe mold and high-strength cast wind power main shafts, which have reached international advanced levels[41]. - The company plans to enhance its market presence in non-wind power products, with significant growth in marine and hydropower forgings[40]. Research and Development - Research and development expenses increased by 21.50% to ¥185,369,310.49, indicating a focus on innovation[55]. - The number of R&D personnel increased to 461 in 2023, a growth of 9.24% compared to 422 in 2022[60]. - R&D investment amounted to ¥185,369,310.49 in 2023, representing 3.19% of operating revenue, up from 2.58% in 2022[60]. - The company is currently optimizing the QT500-14 casting spindle process to improve mechanical performance and reduce production costs, aiming for a significant increase in market share[56]. - The company is investing in new technology development to enhance its product efficiency and market competitiveness[93]. Corporate Governance - The company has maintained independence from its controlling shareholder, with no guarantees or fund occupation by related parties during the reporting period[104]. - The company continues to enhance its corporate governance structure in compliance with relevant laws and regulations[102]. - The company has implemented a performance evaluation and incentive mechanism linking the compensation of executive directors and senior management to their performance and company results[107]. - The board of directors consists of 9 members, including 3 independent directors, and held 10 meetings in 2023[105]. - The company has received the highest A rating for information disclosure from the Shenzhen Stock Exchange for three consecutive years and has proactively disclosed the 2023 ESG report[108]. Environmental and Social Responsibility - The company has committed to a sustainable development strategy focusing on clean energy sectors such as wind, nuclear, and hydropower[169]. - The company has implemented VOCs waste gas treatment equipment to enhance environmental protection efforts[168]. - The company has established a comprehensive environmental management strategy, integrating environmental protection into its business operations[169]. - The company received two honors for its contributions to charity in Yucheng City in 2023[170]. - The company has developed an emergency response plan for environmental incidents, which was filed with the local environmental protection bureau[167]. Financial Management and Investments - The company has established credit agreements with banks, securing financing up to ¥2.52 billion[70]. - The company signed a financing agreement with Everbright Bank, which includes a joint liability guarantee from Tongyu Heavy Industry Co., Ltd. and Jinan Metallurgical Research Institute, along with collateral of land use rights and equity pledges[71]. - The company has committed to several investment projects, including a large offshore wind power project with a total investment of RMB 450 million, of which 71.74% has been completed by June 2023[76]. - The company has allocated 3,600 million for capital expenditures in 2023 to support infrastructure development[200]. - The company is exploring acquisition opportunities, targeting firms with complementary technologies valued at approximately $200 million[7]. Future Outlook and Strategic Initiatives - The company plans to accelerate the construction and production of key projects, such as the 700MN forging press, to leverage its industrial chain advantages and develop high-value-added products[86]. - The company anticipates continued growth in the wind turbine market, with a focus on expanding its product offerings[93]. - Future guidance indicates a projected revenue increase of 15% year-over-year for the upcoming quarters[93]. - The company aims to improve operational efficiency by 10% through strategic initiatives and cost management[93]. - The company is expected to enhance its product offerings in the wind power market to meet growing demand[92].

智通财经4月28日电，通裕重工(300185.SZ)公告，2025年第一季度营业收入为14.15亿元，同比增长 1.34%；净利润为3886.85万元，同比增长270.31%。 通裕重工：一季度净利润同比增长270.31% ...

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 关于通裕重工股份有限公司 2025 年第三次临时股东大会的 法律意见书 国枫律股字[2025]A0125 号 致：通裕重工股份有限公司（贵公司） 北京国枫律师事务所（以下简称"本所"）接受贵公司的委托，指派律师出席并见 证贵公司 2025 年第三次临时股东大会（以下简称"本次会议"）。 本所律师根据《中华人民共和国公司法》（以下简称"《公司法》"）、《中华人 民共和国证券法》（以下简称"《证券法》"）、《上市公司股东大会规则》（以下简 称"《股东大会规则》"）、《律师事务所从事证券法律业务管理办法》（以下简称"《证券 法律业务管理办法》"）、《律师事务所证券法律业务执业规则（试行）》（以下简称"《证 券法律业务执业规则》"）等相关法律、行政法规、规章、规范性文件及《通裕重工股份 有限公司章程》（以下简称"《公司章程》"）的规定，就本次会议的召集与召开程序、召 集人资格、出席会议人员资格、会议表决程序及表决结果等事宜，出具本法律意见 ...

证券代码：300185 证券简称：通裕重工 公告编号：2025-027 通裕重工股份有限公司 关于召开 2025 年第三次临时股东大会的提示性公告 债券代码：123149 债券简称：通裕转债 5、会议的召开方式：现场表决与网络投票相结合的方式。 6、会议的股权登记日：2025年4月14日（星期一）。 （1）现场会议日期及时间：2025年4月21日（星期一）下午14:30。 （2）网络投票时间：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4月21日上午9:15-9:25，9:30-11:30和下午13:00-15:00；通过深圳证券 交易所互联网系统投票的时间为2025年4月21日9:15-15:00期间的任意时间。 一、召开会议的基本情况 1、股东大会届次：通裕重工股份有限公司2025年第三次临时股东大会。 2、股东大会召集人：公司董事会。 3、会议召开的合法、合规性：本次股东大会的召开经第六届董事会第十九 次临时会议审议通过，符合有关法律、行政法规、部门规章、规范性文件、深圳 证券交易所业务规则和公司章程的规定。 4、会议召开的日期、时间 本公司及董事会全体人员保证信息披露的内容真实、准确和完 ...

雷达财经 文|杨洋 编|李亦辉 本次提供担保的对象均为公司合并报表范围内的全资或控股子公司，担保风险处于公司可控制范围之内。公司将加强资金管理和资金实时监 控，确保及时掌握资金使用情况和担保风险情况，保障公司整体资金安全。 4月3日，通裕重工(300185)第六届董事会第十九次临时会议审议通过了公司及子公司向金融机构申请不超过70亿元人民币融资额度，并授权公 司为子公司的融资提供担保的议案。为确保公司及子公司正常生产经营对资金的需求，公司及子公司拟向银行等金融机构申请敞口总额不超过 70亿元人民币的融资，额度循环使用。 同时，公司拟为合并报表范围内的子公司在金融机构的融资提供担保，拟授权公司董事长或财务总监决定公司为子公司在金融机构的融资业务 提供新增担保的总额度为33亿元（额度循环使用），并授权董事长或财务总监签署相关各项法律文件。 公司参股公司32家，包括禹城宝泰机械制造有限公司、常州海杰冶金机械制造有限公司、青岛宝鉴科技工程有限公司、禹城宝利铸造有限公 司、山东信商物资有限公司等。 在业绩方面，公司2021年至2023年营业收入分别为57.49亿元、59.13亿元和58.09亿元，同比分别增长1.07% ...

Group 1 - The company held its 19th temporary board meeting on April 3, 2025, with all nine directors present, meeting legal and regulatory requirements [1][2] - The board approved a proposal to apply for financing of up to 7 billion RMB from financial institutions and authorized the company to provide guarantees for its subsidiaries' financing [1] - The board also approved a change in accounting policies, with details to be published on April 4, 2025 [1] Group 2 - The company scheduled its third temporary shareholders' meeting for April 21, 2025, to be conducted through a combination of on-site voting and online voting [2]