Financial Performance - The company's operating revenue for Q1 2025 was ¥7,183,363,169.55, representing a 20.39% increase compared to ¥5,966,821,005.81 in the same period last year[5] - Net profit attributable to shareholders decreased by 40.96% to ¥161,946,837.42 from ¥274,308,729.80 year-on-year[5] - The company’s basic earnings per share decreased by 40.91% to ¥0.26 from ¥0.44 in the same period last year[5] - The company recorded a 47.62% decline in net profit after deducting non-recurring gains and losses, amounting to ¥137,569,362.77 compared to ¥262,612,777.82 last year[5] - Net profit decreased to ¥165,564,789.89 from ¥281,472,344.42, a decline of about 41.2% compared to the previous period[20] - The company’s total profit amounted to ¥194,291,153.26, down from ¥335,757,924.33, a decline of about 42% year-over-year[20] - Total comprehensive income for the period was ¥187,120,429.09, compared to ¥252,442,378.43, a decrease of about 26%[21] Cash Flow and Assets - The net cash flow from operating activities improved by 58.05%, reaching -¥178,669,434.72, compared to -¥425,896,342.76 in the previous year[5] - The company's cash and cash equivalents increased to ¥3,349,284,551.86 from ¥2,719,857,964.00, reflecting a growth of 23.2%[16] - Cash flow from operating activities showed a net outflow of ¥178,669,434.72, an improvement from the previous outflow of ¥425,896,342.76[24] - Cash and cash equivalents at the end of the period increased to ¥2,923,082,298.51 from ¥2,564,206,300.64, marking a rise of about 14%[25] - The total assets of the company reached ¥23,103,897,019.01, compared to ¥21,426,082,559.42 at the beginning of the period, marking an increase of 7.8%[18] - Total current assets amounted to ¥16,913,472,768.82, up from ¥15,439,347,643.93, indicating a rise of 9.5%[17] - The total liabilities increased to ¥15,429,747,711.52 from ¥13,960,816,048.85, which is a rise of 10.6%[18] Shareholder Information - The total number of common shareholders at the end of the reporting period is 25,978[10] - The largest shareholder, Tianjin Dong'an Brothers Co., Ltd., holds 35.99% of the shares, totaling 227,971,910 shares[10] - The top three individual shareholders, Zang Yongxing, Zang Yongjian, and Zang Na, each hold 4.87% of the shares, with holdings of 30,858,300, 30,857,605, and 30,857,600 shares respectively[10] - The company has no preferred shareholders with restored voting rights[10] - The report indicates that 0 shares are subject to restrictions on sale among the top shareholders[10] - There are no changes in the top 10 shareholders or the top 10 unrestricted circulating shareholders due to securities lending[12] - The report does not indicate any changes in the number of preferred shareholders or their holdings[12] - The company has not reported any significant changes in restricted shares during the period[12] Operational Costs and Expenses - Total operating costs increased to ¥7,052,149,861.67 from ¥5,870,360,145.79, representing a growth of approximately 20.1% year-over-year[20] - Research and development expenses rose to ¥216,694,221.82, up from ¥178,285,169.84, indicating a growth of approximately 21.5%[20] Market Value Management - The company has established a market value management system to enhance its market value management practices[12] - The company plans to disclose further details regarding the market value management system on January 14, 2025[12] Financial Assets - The company reported a significant increase of 33491.10% in trading financial assets, amounting to ¥425,718,873.00, due to increased cash management[8] - The company has pledged 3,135,900 shares, which accounts for 0.73% of the shares held by the controlling shareholder and 0.50% of the total share capital[13] - The company reported a decrease of 210 convertible bonds in the first quarter, resulting in a conversion of 1,100 shares[14]

| 股票代码：300428 | 股票简称：立中集团 | 公告编号：2025-042 号 | | --- | --- | --- | | 债券代码：123212 | 债券简称：立中转债 | | 立中四通轻合金集团股份有限公司 第五届监事会第二十三次会议决议公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚 假记载、误导性陈述或重大遗漏。 立中四通轻合金集团股份有限公司（以下简称"公司"）第五届监事会第二 十三次会议于2025年4月25日以现场结合通讯方式召开，本次会议已于2025年4 月22日以传真、电子邮件和电话等方式通知全体监事。此次会议应到监事3人， 实到监事3人，公司董事会秘书列席了会议。本次会议的召集、召开符合《中华 人民共和国公司法》和《公司章程》的规定，会议合法、有效。 此次会议由监事会主席赵清华先生主持，与会监事认真审议后，以现场表决 的方式审议通过了如下议案： 一、审议《2025 年第一季度报告的议案》 经审议，公司 2025 年第一季度报告的编制和审议符合《公司法》、《证券法》、 《公司章程》和《企业会计准则》的规定；公司 2025 年第一季度报告公允地反 映了公司202 ...

立中四通轻合金集团股份有限公司（以下简称"公司"）第五届董事会第二十 八次会议于 2025 年 4 月 22 日以通讯或邮件方式向全体董事传达召开第五届董事 会第二十八次会议的通知。本次会议于 2025 年 4 月 25 日以现场和通讯方式召开。 本次会议应出席董事 7 名，实际出席董事 7 名，其中独立董事 3 人。本次会议由 董事长臧永兴先生主持，公司全体监事、高级管理人员列席会议。本次会议的召 集、召开符合《中华人民共和国公司法》（以下简称"《公司法》"）和《立中四 通轻合金集团股份有限公司章程》（以下简称"《公司章程》"）的规定。 与会董事经认真讨论审议通过了如下议案： 一、审议《2025 年第一季度报告的议案》 经审议，公司 2025 年第一季度报告的编制和审议符合《公司法》《证券法》、 《公司章程》和《企业会计准则》的规定。公司 2025 年第一季度报告公允地反 映了公司2025年第一季度末的财务状况和2025年第一季度的经营成果和现金流 量，不存在任何虚假记载、误导性陈述或重大遗漏，我们对其内容的真实性、准 确性、完整性承担个别及连带责任。 | 股票代码：300428 | 股票简称：立中集团 | ...

三、分红送配方案情况 本次公司不分配不转赠。 二、前10名无限售条件股东持股情况 前十大流通股东累计持有： 38306.99万股，累计占流通股比： 69.47%，较上期变化： -93.64万股。 | 名称 | 持有数量(万股) | 占总股本比例(%) | 增减情况(万股) | | --- | --- | --- | --- | | 天津东安兄弟有限公司 | 22797.19 | 41.34 | 不变 | | 臧娜 | 3085.76 | 5.60 | 不变 | | 臧亚坤 | 3085.76 | 5.60 | 不变 | | 臧永和 | 2044.84 | 3.71 | 不变 | | 日本金属株式会社 | 1342.64 | 2.43 | -0.80 | | 臧永兴 | 771.46 | 1.40 | 不变 | | 臧永建 | 771.44 | 1.40 | 不变 | | 臧立国 | 646.84 | 1.17 | 不变 | | 臧永奕 | 511.21 | 0.93 | 不变 | | 陈庆会 | 503.35 | 0.91 | 不变 | | 较上个报告期退出前十大股东有 | | | | | 瑞众人寿保险有限责 ...

Investment Rating - The report maintains a "Buy" rating for the company, expecting a relative increase in stock price of over 20% compared to the benchmark index within the next six months [8][14]. Core Insights - The company reported a revenue of 27.246 billion yuan for 2024, representing a year-on-year growth of 16.61%. The net profit attributable to shareholders was 707 million yuan, up 16.77% year-on-year [4]. - The aluminum alloy wheel business faced temporary pressure due to the ramp-up of the Mexican factory and currency depreciation, with revenue of 9.235 billion yuan, a growth of 4.46% [5]. - The recycled aluminum segment saw significant growth, with revenue reaching 15.696 billion yuan, a 25.84% increase, driven by the gradual release of capacity from the Thailand project [5]. - The company is expanding its new energy lithium battery materials business, achieving a revenue of 2.063 million yuan, a remarkable growth of 1963% [6]. - The company is continuously innovating in new materials, with applications in robotics, semiconductors, and low-altitude economy sectors [6]. Financial Summary - The projected revenues for 2025, 2026, and 2027 are 30.301 billion yuan, 34.209 billion yuan, and 38.055 billion yuan, respectively, with growth rates of 11.21%, 12.90%, and 11.24% [10]. - The net profit attributable to shareholders is expected to reach 847 million yuan in 2025, 1.035 billion yuan in 2026, and 1.263 billion yuan in 2027, with corresponding growth rates of 19.84%, 22.17%, and 22.01% [10]. - The earnings per share (EPS) are projected to be 1.34 yuan in 2025, 1.63 yuan in 2026, and 1.99 yuan in 2027 [10].

Investment Rating - The report maintains a "Buy" rating for the company, expecting a relative increase in stock price of over 20% compared to the benchmark index within the next six months [2][8]. Core Insights - The company reported a revenue of 27.246 billion yuan for 2024, representing a year-on-year growth of 16.61%. The net profit attributable to shareholders was 707 million yuan, also showing a growth of 16.77% [4]. - The aluminum alloy wheel business faced temporary pressure due to the ramp-up of the Mexican factory and the depreciation of the Mexican peso, with revenue of 9.235 billion yuan in 2024, a growth of 4.46% [5]. - The recycled aluminum segment saw significant growth, with revenue reaching 15.696 billion yuan, up 25.84%, driven by the gradual release of capacity from the Thailand project [5]. - The company is expanding its new energy lithium battery materials business, achieving a revenue of 2.063 million yuan, a remarkable increase of 1963% [6]. - The company is continuously innovating in new materials, with applications in robotics, semiconductors, and low-altitude economy sectors [6]. Financial Summary - The projected revenues for 2025, 2026, and 2027 are 30.301 billion yuan, 34.209 billion yuan, and 38.055 billion yuan, respectively, with growth rates of 11.21%, 12.90%, and 11.24% [10]. - The net profit attributable to shareholders is expected to reach 847 million yuan in 2025, 1.035 billion yuan in 2026, and 1.263 billion yuan in 2027, with corresponding growth rates of 19.84%, 22.17%, and 22.01% [10]. - The earnings per share (EPS) are projected to be 1.34 yuan in 2025, 1.63 yuan in 2026, and 1.99 yuan in 2027 [10].

立中四通轻合金集团股份有限公司（以下简称"公司"）于 2025 年 4 月 21 日 以通讯方式接待了机构调研，现将主要情况公告如下: 一、调研情况 1、调研时间：2025 年 4 月 21 日 | | | 立中四通轻合金集团股份有限公司 关于接待投资者调研活动的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚 假记载、误导性陈述或重大遗漏。 2、调研形式：线上路演 3、参会人员：立中集团副总裁、董事会秘书李志国；立中集团证券事务代表 冯禹淇。 | 序号 | 机构名称 | 姓名 | | --- | --- | --- | | 1 | 中邮证券 | 魏欣 | | 2 | 中信证券 | 陈彦龙、梁爽 | | 3 | 中金公司 | 厍静兰、崔力丹、王畅舟 | | 4 | 甬兴证券 | 魏亚军 | | 5 | 兴业证券 | 赵远喆 | | 6 | 申万宏源证券 | 孙妍 | | 7 | 山西证券 | 刘斌 | | 8 | 民生证券 | 唐梦涵 | | 9 | 华鑫证券 | 黎江涛 | | 10 | 华泰证券 | 张智杰 | | 11 | 华福证券 | 魏征宇 | | 12 | 华创证券 | 李昊 ...

证券简称：立中集团 证券代码：300428 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 参与单位名称 及人员姓名 63 家机构，具体内容详见附件。 时间 2025 年 4 月 21 日 上市公司接待 人员姓名 立中集团副总裁、董事会秘书李志国；立中集团证券事务代表冯 禹淇。 投资者关系活 动主要内容介 绍 1、公司 2024 年业绩和各业务板块的经营情况如何？ 答：2024 年，公司积极应对国内外市场及行业竞争压力，充 分发挥产业链协同优势，聚焦主营业务，提升运营效能，深入开 拓市场与客户资源，全力推动高附加值产品的研发与市场开拓， 落实降本增效策略，持续提升公司盈利能力。2024 年累计实现营 业收入 2,724,637 万元，较上年同期增长 16.61%，累计实现归属 于上市公司股东的净利润为 70,712 万元，较上年同期增长 16.77%，剔除股权激励费用归属于上市公司股东的净利润为 74,723 万元，较上年同期增长 5.31%。 （1）功能中间合金业务 功能中间合金业务始终保持行业龙头优势，公司积极布局高 端新兴产业， ...

Investment Rating - The report maintains a "Strong Buy" rating for the company, with a target price of 19.8 CNY [2][8]. Core Views - The company's 2024 performance aligns with expectations, showing a revenue of 27.2 billion CNY, a year-on-year increase of 17%, and a net profit attributable to shareholders of 710 million CNY, also up 17% year-on-year [2][4]. - The company is seeking breakthroughs in new fields for 2025, particularly in the areas of robotics and drones, as well as in the development of new materials for automotive applications [8][9]. Financial Summary - **2024 Financial Performance**: - Total revenue: 27,246 million CNY, with a growth rate of 16.6% [4]. - Net profit attributable to shareholders: 707 million CNY, with a growth rate of 16.8% [4]. - Earnings per share: 1.12 CNY [4]. - **2025-2027 Financial Projections**: - Expected revenue for 2025: 30,628 million CNY, with a growth rate of 12.4% [4]. - Expected net profit for 2025: 759 million CNY, with a growth rate of 7.3% [4]. - Projected earnings per share for 2025: 1.20 CNY [4]. - **Valuation Metrics**: - Price-to-earnings ratio for 2025: 13 times [4]. - Price-to-book ratio for 2025: 1.3 times [4]. Market Performance - The company has shown a significant performance improvement in Q4 2024, achieving a revenue of 79 billion CNY, which is a 26% increase quarter-on-quarter and a 15% increase year-on-year [8]. - The net profit for Q4 2024 reached 214 million CNY, reflecting a 12% increase quarter-on-quarter and a 92% increase year-on-year [8]. Strategic Developments - The company has successfully launched its heat-free materials in the market, with significant partnerships and certifications from leading new energy vehicle manufacturers [8][9]. - The company is actively exploring applications for its materials in various sectors, including energy storage and computing centers [8].

| | | 立中四通轻合金集团股份有限公司 关于公司2022年限制性股票激励计划首次授予部分第三个归 属期归属条件成就的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚 假记载、误导性陈述或重大遗漏。 重要内容提示： 1、本次归属股票数量：5,715,641 股。 2、本次归属股票来源：公司向激励对象定向发行公司 A 股普通股股票。 3、本次归属的限制性股票在相关手续办理完成后、上市流通前，公司将发布 相关提示性公告，敬请投资者注意。 立中四通轻合金集团股份有限公司（以下简称"公司"）于 2025 年 4 月 18 日召开了第五届董事会第二十七次会议和第五届监事会第二十二次会议，审议通 过《关于公司 2022 年限制性股票激励计划首次授予部分第三个归属期归属条件成 就的议案》，具体如下： 一、2022 年限制性股票激励计划实施情况概要 （一）股权激励计划简述 1、股权激励方式：第二类限制性股票。 2、授予数量：2022 年限制性股票激励计划（以下简称"本激励计划"）拟 向激励对象授予权益总计不超过 2,855.00 万股，约占本激励计划草案公告时公司 股本总额 61,695.6965 万 ...