四川川环科技股份有限公司 2024 年度 审计报告 | 索引 | | 页码 | | --- | --- | --- | | 审计报告 | | 1-4 | | 公司财务报告 | | | | — | 合并资产负债表 | 1-2 | | — | 母公司资产负债表 | 3-4 | | — | 合并利润表 | 5 | | — | 母公司利润表 | 6 | | — | 合并现金流量表 | 7 | | — | 母公司现金流量表 | 8 | | — | 合并股东权益变动表 | 9-10 | | — | 母公司股东权益变动表 | 11-12 | | — | 财务报表附注 | 13-77 | | | 9/F, Block A, Fu Hua Mansion, Dongcheng District, Beijing, 传真: | | +86 (010) 6554 7190 | | --- | --- | --- | --- | | 16 | No.8, Chaoyangmen Beidajie, ShineWing certified public accountants 100027, P.R. China | facsimil ...

四川川环科技股份有限公司 2024 年度独立董事述职报告 （独立董事 李平） 各位股东及股东代表： 本人作为四川川环科技股份有限公司（以下简称"公司"）独立董事，严格按照《公司法》、《证 券法》、《深圳证券交易所创业板股票上市规则》、《深圳证券交易所上市公司自律监管指引第 2 号— —创业板上市公司规范运作》及其它相关法律法规和《公司章程》、《独立董事工作细则》等公司的 相关规定和要求，忠实履行董事职责。在维护公司利益、维护全体股东合法利益上，充分发挥独立 董事的独立性和专业性作用。现将本人 2024 年度履职情况汇报如下： 一、参加会议情况 2024 年度，本人本着勤勉尽责的态度，认真参加了公司的董事会，没有出现连续两次未亲自出 席董事会会议的情况；本人对公司董事会各项议案及公司其他事项进行了认真审阅，积极参与讨论 并提出合理的意见和建议，认为这些议案未损害全体股东的利益，在此基础上本人对议案均投了赞 成票，没有反对、弃权的情形。 2024 年度，公司召集召开的董事会、股东大会符合法定程序，重大经营决策事项和其他重大事 项均履行了相关的审批程序。 二、发表独立意见及出席会议情况 2024 年度，本人对公司董 ...

四川川环科技股份有限公司 2024 年度独立董事述职报告 2024 年度，本人本着勤勉尽责的态度，认真参加了公司的董事会，没有出现连续两次未亲自 出席董事会会议的情况；本人对公司董事会各项议案及公司其他事项进行了认真审阅，积极参与 讨论并提出合理的意见和建议，认为这些议案未损害全体股东的利益，在此基础上本人对议案均 投了赞成票，没有反对、弃权的情形。 本人作为四川川环科技股份有限公司（以下简称"公司"）独立董事，严格按照《公司法》、 《证券法》、《深圳证券交易所创业板股票上市规则》、《深圳证券交易所上市公司自律监管指引第 2 号——创业板上市公司规范运作》及其它相关法律法规和《公司章程》、《独立董事工作细则》 等公司的相关规定和要求，忠实履行董事职责。在维护公司利益、维护全体股东合法利益上，充 分发挥独立董事的独立性和专业性作用。现将本人 2024 年度履职情况汇报如下： 一、参加会议情况 2024 年度，公司召集召开的董事会、股东大会符合法定程序，重大经营决策事项和其他重大 事项均履行了相关的审批程序。 二、发表独立意见及出席会议情况 2024 年度，本人对公司董事会决策的重大事项进行认真的了解和研究，作出 ...

四川川环科技股份有限公司 舆情管理制度 第一章 总则 第一条、为提高四川川环科技股份有限公司（以下简称"公司"）应对各类 舆情的能力，建立快速反应和应急处置机制，及时、妥善处理各类舆情对公司股 价、商业信誉及正常生产经营活动造成的影响，切实保护投资者合法权益，根据 相关法律、法规和规范性文件及《公司章程》的规定，结合公司实际情况，制定 本制度。 第二条、本制度所称舆情包括： （一）报刊、电视、网络等媒体对公司进行的负面报道、不实报道； （二）社会上存在的已经或将给公司造成不良影响的传言或信息； （三）可能或者已经影响社会公众投资者投资取向，造成股价异常波动的信 息； （四）其他涉及公司信息披露且可能对公司股票及其衍生品交易价格产生较 大影响的事件信息。 第三条、舆情信息的分类： （一）重大舆情：指传播范围较广，严重影响公司公众形象或正常经营活动， 使公司已经或可能遭受损失，已经或可能造成公司股票及其衍生品种交易价格变 动的负面舆情。 （二）一般舆情：指除重大舆情之外的其他舆情。 第二章 舆情管理的组织体系及其工作职责 第四条、公司应对各类舆情实行统一领导、统一组织、快速反应、协同应对。 第五条、公司成立应对舆 ...

四川川环科技股份有限公司董事会 四川川环科技股份有限公司 董事会关于独立董事独立性情况的专项意见 2025 年 4 月 21 日 根据证监会《上市公司独立董事管理办法》《深圳证券交易所创业板股票上 市规则》《深圳证券交易所上市公司自律监管指引第 2 号一创业板上市公司规范 运作》等要求，四川川环科技股份有限公司（以下简称"公司"）董事会就公司在 任独立董事李平、徐文英、何加明的独立性情况进行评估并出具如下专项意见： 经核查独立董事李平、徐文英、何加明的任职经历以及签署的相关自查文件， 上述人员未在公司担任除独立董事以外的任何职务，也未在公司主要股东公司担 任任何职务，与公司以及主要股东之间不存在利害关系或其他可能妨碍其进行独 立客观判断的关系，公司独立董事符合《上市公司独立董事管理办法》《深圳证 券交易所上市公司自律监管指引第 2 号一创业板上市公司规范运作》中对独立董 事独立性的相关要求。 ...

四川川环科技股份有限公司 2024 年度独立董事述职报告 （独立董事 何加明） 各位股东及股东代表： 本人作为四川川环科技股份有限公司（以下简称"公司"）独立董事，严格按照《公司法》、《证 券法》、《深圳证券交易所创业板股票上市规则》、《深圳证券交易所上市公司自律监管指引第 2 号— —创业板上市公司规范运作》及其它相关法律法规和《公司章程》、《独立董事工作细则》等公司的 相关规定和要求，忠实履行董事职责。在维护公司利益、维护全体股东合法利益上，充分发挥独立 董事的独立性和专业性作用。现将本人 2024 年度履职情况汇报如下： 一、参加会议情况 2024 年度，本人本着勤勉尽责的态度，认真参加了公司的董事会，没有出现连续两次未亲自出 席董事会会议的情况；本人对公司董事会各项议案及公司其他事项进行了认真审阅，积极参与讨论 并提出合理的意见和建议，认为这些议案未损害全体股东的利益，在此基础上本人对议案均投了赞 成票，没有反对、弃权的情形。 2024 年度，公司召集召开的董事会、股东大会符合法定程序，重大经营决策事项和其他重大事 项均履行了相关的审批程序。 二、出席会议情况 2024 年度，本人对公司董事会决策的重 ...

三、分红送配方案情况 一、主要会计数据和财务指标 10派2.77元(含税) | 报告期指标 | 2024年年报 | 2023年年报 | 本年比上年增减(%) | 2022年年报 | | --- | --- | --- | --- | --- | | 基本每股收益（元） | 0.9347 | 0.7474 | 25.06 | 0.5644 | | 每股净资产（元） | 5.54 | 5.02 | 10.36 | 4.6 | | 每股公积金(元) | 0.85 | 0.85 | 0 | 0.85 | | 每股未分配利润(元) | 3.16 | 2.73 | 15.75 | 2.35 | | 每股经营现金流(元) | - | - | - | - | | 营业收入(亿元) | 13.63 | 11.09 | 22.9 | 9.07 | | 净利润(亿元) | 2.03 | 1.62 | 25.31 | 1.22 | | 净资产收益率(%) | 17.52 | 15.50 | 13.03 | 12.68 | 数据四舍五入，查看更多财务数据>> 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： 4732.83 ...

Financial Performance - The company's operating revenue for 2024 reached ¥1,363,154,734.87, representing a 22.88% increase compared to ¥1,109,329,863.54 in 2023[23]. - Net profit attributable to shareholders for 2024 was ¥202,731,581.01, up 25.15% from ¥161,990,109.62 in 2023[23]. - The cash flow from operating activities for 2024 was ¥201,039,394.55, a significant increase of 99.20% compared to ¥100,923,483.96 in 2023[23]. - Basic earnings per share for 2024 were ¥0.9347, reflecting a 25.06% increase from ¥0.7474 in 2023[23]. - Total assets at the end of 2024 amounted to ¥1,573,293,418.89, a 15.80% increase from ¥1,358,579,218.22 at the end of 2023[23]. - Operating profit for 2024 was ¥227,706,120.32, an increase of 24.60% compared to the previous year[71]. - Main business revenue increased to ¥1,357,844,342.53, up 22.78% from ¥1,105,953,665.95 in the previous year[72]. - The total operating cost for 2024 was ¥1,027,870,322, reflecting a year-on-year increase of 24.48%[82]. - The company reported a net profit of RMB 202,731,581.01 for the year ending December 31, 2024, with a cash dividend proposal of RMB 2.77 per 10 shares[166]. Dividend Distribution - The company plans to distribute a cash dividend of 2.77 RMB per 10 shares (including tax) to all shareholders based on a total share capital of 216,906,174 shares as of December 31, 2024[5]. - The total cash dividend amount proposed is RMB 59,894,650.20, which represents 8.75% of the total profit distribution[164]. Risks and Challenges - The company acknowledges potential risks from macroeconomic changes, intensified industry competition, new business expansions, and fluctuations in raw material prices[5]. Corporate Governance - The company has established a comprehensive governance structure in compliance with relevant laws and regulations, ensuring the protection of shareholder rights[120]. - The company is committed to maintaining independent operations from its controlling shareholder, ensuring no interference in decision-making and management[127]. - The company has established independent labor, personnel, and compensation management systems, ensuring no direct appointment by controlling shareholders[129]. - The company has not reported any related party transactions among its directors and senior management[150]. Research and Development - The company is committed to technological innovation and has built a robust research and development framework to support sustainable growth and meet market demands[60]. - The company has increased its R&D personnel by 20.21% from 188 in 2023 to 226 in 2024, with a slight increase in the proportion of R&D personnel to total staff from 10.06% to 10.10%[92]. - R&D investment for 2024 amounts to ¥52,335,233.71, representing 3.84% of total revenue, a slight decrease from 3.86% in 2023[92]. - The company is actively developing new products such as hydrogen energy silicone tubes and energy storage thermal management system pipelines to meet market demands[91]. Environmental Responsibility - The company has implemented a 25-ton steam boiler for waste gas treatment, utilizing bag dust removal, dual alkali desulfurization, and urea denitrification technology, which meets environmental energy-saving standards[178]. - The company has established a self-built wastewater treatment station, ensuring that production wastewater is treated and reused without external discharge[180]. - The company has achieved a significant reduction in pollutant emissions, with specific metrics such as 9.103 tons/year of particulate matter and 35.232 tons/year of sulfur dioxide emissions reported[177]. - The company emphasizes environmental protection by adopting advanced technologies for waste gas and wastewater treatment, meeting national environmental standards[187]. Market Expansion - The company is actively expanding into new markets, including energy storage and data centers, to diversify its product applications and foster future growth[59]. - The company plans to expand into high-end automotive hose markets and develop systems for new energy vehicles, aiming for new growth points[112]. - The company is focusing on expanding its market share in high-end automotive hose applications, including air conditioning pipes, nylon pipes, and turbocharger pipes[115]. Employee Management - The company has a total of 2,238 employees, with 1,877 in production, 78 in sales, and 236 in technical roles[157]. - The company has established a comprehensive training system to enhance employee skills, focusing on production processes and safety[161]. - The company maintains a strong commitment to employee welfare, providing comprehensive benefits and regular training to enhance employee skills[186]. Financial Audit - The company’s financial report is audited by Xinyong Zhonghe Accounting Firm, ensuring the accuracy and completeness of the financial statements[22]. - The company appointed ShineWing Certified Public Accountants (Special General Partnership) for the 2024 financial report audit, with a total fee of RMB 720,000[196]. - The internal control audit report indicates that the company maintained effective financial reporting internal controls as of December 31, 2024[173]. Strategic Initiatives - The company aims to achieve a cumulative installed capacity of 30GW in the energy storage sector by 2025, aligning with national policy goals[39]. - The company is focusing on liquid cooling technology, which is expected to become the mainstream solution in energy storage systems due to its superior heat management capabilities[40]. - The company is pursuing strategic initiatives in the hydrogen energy sector, aligning with national policies to expand into new markets[91].

Financial Performance - The company's operating revenue for Q1 2025 was ¥315,728,743.23, representing a 5.60% increase compared to ¥298,990,700.21 in the same period last year[5]. - The net profit attributable to shareholders for Q1 2025 was ¥46,435,609.10, up 5.06% from ¥44,199,717.67 in Q1 2024[5]. - Operating profit for the current period was ¥52,119,456.60, compared to ¥50,011,163.95 in the previous period, indicating a growth of 4.2%[23]. - Net profit increased to ¥46,435,609.10, a rise of 5.1% from ¥44,199,717.67 in the previous period[23]. - Basic and diluted earnings per share improved to ¥0.2141, up from ¥0.2044, representing a growth of 8.4%[24]. Cash Flow and Liquidity - The net cash flow from operating activities was -¥48,945,143.95, a significant decrease of 394.90% compared to ¥16,597,009.42 in the previous year[5][13]. - Cash flow from operating activities showed a net outflow of ¥48,945,143.95, a significant decline from a net inflow of ¥16,597,009.42 in the previous period[26]. - Cash and cash equivalents decreased from ¥230,190,784.90 to ¥159,532,863.95[18]. - Cash and cash equivalents at the end of the period decreased to ¥159,532,863.95 from ¥170,276,635.73, reflecting a drop of 6.7%[27]. Assets and Liabilities - The total assets at the end of Q1 2025 were ¥1,554,841,322.13, a decrease of 1.17% from ¥1,573,293,418.89 at the end of the previous year[5]. - Total current assets amount to ¥1,134,053,167.47, a decrease from ¥1,145,661,593.14 at the beginning of the period[19]. - Total liabilities decreased from ¥372,447,119.40 to ¥307,559,413.54[20]. - Accounts receivable decreased from ¥443,278,534.59 to ¥405,533,119.71[18]. - Cash and cash equivalents decreased from ¥230,190,784.90 to ¥159,532,863.95[18]. Equity and Shareholder Information - The company’s total equity attributable to shareholders increased by 3.87% to ¥1,247,281,908.59 from ¥1,200,846,299.49 at the end of the previous year[5]. - Total equity attributable to the parent company increased from ¥1,200,846,299.49 to ¥1,247,281,908.59[20]. - Total number of common shareholders at the end of the reporting period is 25,844[15]. - The largest shareholder, Wen Jianshu, holds 11.18% of shares, totaling 24,255,896 shares[15]. - The company has no preferred shareholders or preferred stockholders among the top shareholders[16]. Expenses and Investments - Research and development expenses increased by 21.01% to ¥12,178,928.65 from ¥10,064,256.19 in the same quarter last year[11]. - Research and development expenses increased to ¥12,178,928.65, up from ¥10,064,256.19, marking a rise of 21.0%[23]. - The company reported a significant increase in sales expenses to ¥7,324,168.95, compared to ¥6,894,734.45, reflecting a rise of 6.2%[23]. - The company reported a decrease in financial income by 17.01%, with interest income at ¥653,389.86 compared to ¥787,271.22 in Q1 2024[11]. - Other income rose to ¥5,837,560.73 from ¥4,662,460.95, an increase of 25.1%[23]. Receivables and Financing - The company reported a significant increase of 76.10% in receivables financing, reaching ¥148,092,981.95 compared to ¥84,095,555.24 in Q1 2024[10]. - Total operating costs amounted to ¥267,418,404.79, up from ¥251,550,816.29, reflecting a rise of 6.5%[22].

2025 年 03 月 02 日 汽车管路龙头，数据中心液冷业务蓄势待发 —川环科技（300547.SZ）公司动态研究报告 增持(首次) 投资要点 | 分析师：宝幼琛 | S1050521110002 | | --- | --- | | baoyc@cfsc.com.cn | | | 分析师：任春阳 | S1050521110006 | | rency@cfsc.com.cn | | | 分析师：林子健 | S1050523090001 | | linzj@cfsc.com.cn | | | 基本数据 | 2 0 2 5-0 2-2 8 | | --- | --- | | 当前股价（元） | 39.92 | | 总市值（亿元） | 87 | | 总股本（百万股） | 217 | | 流通股本（百万股） | 177 | | 52 周价格范围（元） | 13.35-45.21 | | 日均成交额（百万元） | 299.79 | 市场表现 资料来源：Wind，华鑫证券研究 -50 0 50 100 150 200 250 (%) 川环科技 沪深300 相关研究 ▌汽车管路龙头，业绩稳步增长 公司主营业务为传统燃油汽 ...