| 证券代码：300577 | 证券简称：开润股份 | 公告编号：2025-065 | | --- | --- | --- | | 债券代码：123039 | 债券简称：开润转债 | | 安徽开润股份有限公司 第四届监事会第十八次会议决议公告 本公司及监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。 三、审议通过《关于调整公司 2023 年限制性股票激励计划股票授予价格的 议案》 安徽开润股份有限公司（以下简称"公司""本公司"）第四届监事会第十 八次会议通知于 2025 年 8 月 22 日以电子邮件、微信信息相结合的方式向各位监 事发出，会议于 2025 年 8 月 27 日下午在上海市松江区中心路 1158 号 21B 幢 16 楼会议室召开。本次会议应出席监事 3 名，实际出席监事 3 名，会议由公司监事 会主席范丽娟女士主持。本次会议的召集召开及程序符合《中华人民共和国公司 法》《公司章程》等有关规定，会议合法有效。经与会监事审议并表决，形成决 议如下： 一、审议通过《公司 2025 年半年度报告全文及摘要》 全体监事经审议认为：经审核，监事会认为董事会编制和 ...

| 证券代码：300577 | 证券简称：开润股份 | 公告编号：2025-064 | | --- | --- | --- | | 债券代码：123039 | 债券简称：开润转债 | | 安徽开润股份有限公司 第四届董事会第二十八次会议决议公告 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。 安徽开润股份有限公司（以下简称"公司""本公司"）第四届董事会第二 十八次会议通知于 2025 年 8 月 22 日以电子邮件、微信信息等方式发出，会议于 2025 年 8 月 27 日下午以通讯表决方式召开，本次会议应出席董事 7 人，实际出 席董事 7 人，会议由董事长范劲松先生主持，公司部分高级管理人员列席本次会 议。本次会议的召集召开及程序符合《中华人民共和国公司法》《公司章程》等 有关规定，会议合法有效。经与会董事审议并表决，形成决议如下： 一、审议通过《公司 2025 年半年度报告全文及摘要》 具体内容详见巨潮资讯网 www.cninfo.com.cn（2025-066、2025-067） 表决结果：同意 7 票，反对 0 票，弃权 0 票。 二、审议通过《2 ...

| 证券代码：300577 | 证券简称：开润股份 | 公告编号：2025-073 | | --- | --- | --- | | 债券代码：123039 | 债券简称：开润转债 | | 安徽开润股份有限公司 2025 年半年度利润分配预案 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。 安徽开润股份有限公司（以下简称"公司""本公司"）于 2025 年 8 月 27 日召开第四届董事会第二十八次会议、第四届监事会第十八次会议，审议通过了 《2025 年半年度利润分配预案》，尚需提交 2025 年第一次临时股东大会审议。 现将相关事宜公告如下： 一、2025 年半年度利润分配预案基本情况 根据公司《2025 年半年度报告》（未经审计），公司 2025 年半年度合并报 表可供分配利润为 1,279,255,652.05 元，2025 年半年度母公司可供分配利润为 164,968,729.03 元。按照母公司与合并报表中可供分配利润数据孰低原则，公司 2025 年半年度可供分配利润为 164,968,729.03 元。为持续、稳定地回报股东，与 股东共享公司经营成 ...

开润股份公告，2025年上半年营业收入24.27亿元，同比增长32.53%。净利润1.87亿元，同比下降 24.77%。公司拟以2.38亿股为基数，向全体股东每10股派发现金红利1.57元（含税）。 ...

安徽开润股份有限公司 2025 年半年度报告 2025-066 【披露时间】 安徽开润股份有限公司 2025 年半年度报告全文 1 安徽开润股份有限公司 2025 年半年度报告全文 第一节 重要提示、目录和释义 公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容 的真实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担 个别和连带的法律责任。 公司负责人范劲松、主管会计工作负责人刘凯及会计机构负责人(会计主 管人员)刘凯声明：保证本半年度报告中财务报告的真实、准确、完整。 所有董事均已出席了审议本次半年报的董事会会议。 公司目前不存在影响公司正常经营的重大风险。公司日常经营中可能面临 的风险因素详见"第三节管理层讨论与分析"之"十一、公司面临的风险和 应对措施"。 公司需遵守《深圳证券交易所上市公司自律监管指引第 3 号——行业信 息披露》中的"纺织服装相关业务"的披露要求： 相关内容请参见本报告"第三节 管理层讨论与分析"的相关具体内容陈 述。 公司经本次董事会审议通过的利润分配预案为：以 237,907,848 股为基 数，向全体股东每 10 股派发现金红利 1.57 元（含税），送 ...

从资金流向上来看，当日首发经济板块主力资金净流出1.36亿元，游资资金净流出1773.38万元，散户资 金净流入1.54亿元。首发经济板块个股资金流向见下表： | 代码 | 名称 | 主力净流入(元) | | 主力净占比 游资净流入 (元) | | 游资净占比 散户净流入 (元) | | 散户净占比 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 000501 | 武商集团 | | 2375.78万 | 5.18% | -1717.47万 | -3.75% | -658.31万 | -1.44% | | 600824 | 益民集团 | | 1227.02万 | 10.43% | -389.82万 | -3.31% | -837.21万 | -7.12% | | 603389 | *ST亚振 | | 363.43万 | 8.65% | 55.33万 | 1.32% | -418.77万 | -9.97% | | 600778 友好集团 | | | 132.03万 | 1.00% | -608.10万 | -4.59% | 476.07万 | ...

Investment Rating - The investment rating for the company is "Buy" [6] Core Views - The company, Kairun Co., is a bag and apparel manufacturer deeply rooted in Indonesia, benefiting from scarce production capacity and dual business synergy, which is expected to lead to superior growth rates in the sector [1] - The revenue growth of the OEM business is anticipated to exceed expectations due to the company's ability to increase its share among major clients like Nike and Decathlon, despite market concerns about their slowing growth [2] - The net profit margin for apparel OEM is expected to improve beyond expectations as the company has moved past its adjustment phase, with a projected net margin of 3.3% in 2024 [3] Summary by Sections Revenue Growth - The OEM business revenue is projected to maintain double-digit growth, driven by the company's production capacity in Indonesia and an expanded product range [2] - The company’s overseas production capacity, primarily in Indonesia, exceeds 70%, providing a competitive edge over peers focused on Vietnam [2] Profitability Improvement - The apparel OEM has seen a significant recovery, with profit margins expected to improve annually as production capacity utilization increases [3] - The company has optimized its client structure and production capacity since investing in Shanghai Jiale in 2020, leading to a recovery from losses [3] Growth Drivers - Increased procurement share from major clients in bags and the extension into apparel categories are expected to drive revenue growth beyond expectations [4] - Improved apparel production capacity utilization and order structure are anticipated to enhance profit margins [4] Earnings Forecast - Revenue is expected to reach 5.16 billion, 5.92 billion, and 6.78 billion yuan in 2025, 2026, and 2027 respectively, with year-on-year growth rates of 21.8%, 14.6%, and 14.5% [4] - The net profit for the same years is forecasted at 372.6 million, 459.3 million, and 557.2 million yuan, with growth rates of -2.2%, 23.3%, and 21.3% [4] Valuation Analysis - The company is expected to maintain double-digit revenue growth while improving net profit margins, leading to a compound annual growth rate of over 20% in operating net profit [5] - A target price of 31.05 yuan per share is set, corresponding to a market capitalization of approximately 75 billion yuan, indicating a potential upside of 38% from the current price [5]

Investment Rating - The report maintains a rating of "Outperform the Market" for the industry [7] Core Insights - The report highlights that Dahon Technology is the leading player in the domestic folding bicycle industry, with a market share of 26.3% in sales volume and 36.5% in sales revenue for 2024, indicating strong brand influence and industry position [2][12] - The folding bicycle market is experiencing rapid growth, with a projected compound annual growth rate (CAGR) of 24% in sales volume and 33% in revenue from 2022 to 2024 for Dahon Technology [2][59] - The global bicycle market is expected to grow steadily, with a retail volume increase from 164.5 million units in 2019 to 178.8 million units in 2024, reflecting a CAGR of 1.7% [13][16] Summary by Sections Industry Overview - The demand for folding bicycles is rapidly increasing, driven by urban commuting needs and the convenience of compact storage [21][22] - The global folding bicycle market is projected to grow from 2.0 million units in 2019 to 3.7 million units in 2024, with a CAGR of 13.4% [22][30] - The market for high-end folding bicycles (priced above 2500 RMB) is expanding, accounting for approximately 44.1% of retail volume and 86.5% of retail revenue in 2024 [30][42] Company Profile: Dahon Technology - Dahon Technology, founded in 1982, has established itself as a leader in the folding bicycle sector, achieving significant growth and brand recognition [2][55] - The company’s revenue for 2024 is projected to reach 4.51 billion RMB, with a net profit of 0.52 billion RMB, both reflecting a year-on-year increase of 50% [2][59] - Dahon's product strategy focuses on the mid to high-end market, with mid-range products accounting for approximately 69.5% of revenue by 2024 [70] Market Dynamics - The domestic market for folding bicycles is highly concentrated, with Dahon Technology holding a dominant position, capturing 60.4% of the market share among the top five companies [49][46] - The report indicates that the Chinese market is the largest single market for folding bicycles, with retail volume expected to grow from 0.3 million units in 2019 to 0.8 million units in 2024, reflecting a CAGR of 19.9% [40][41] - The company is expanding its distribution network, with over 680 retail points across 30 provincial regions in China, while also gradually recovering its overseas market presence [75][76]

（文章来源：证券日报） 证券日报网讯开润股份8月22日在互动平台回答投资者提问时表示，截至2025年8月20日公司股东总人数 为9，364户。 ...

证券时报·数据宝统计，截至发稿，开润股份最新股价为22.54元，平盘报收，本期筹码集中以来股价累 计上涨7.74%。具体到各交易日，6次上涨，3次下跌。 公司发布的一季报数据显示，一季度公司共实现营业收入12.34亿元，同比增长35.57%，实现净利润 8535.78万元，同比增长20.12%，基本每股收益为0.3600元，加权平均净资产收益率3.93%。（数据宝） 注：本文系新闻报道，不构成投资建议，股市有风险，投资需谨慎。 （文章来源：证券时报网） 开润股份8月22日披露，截至8月20日公司股东户数为9364户，较上期（8月10日）减少787户，环比降幅 为7.75%。这已是该公司股东户数连续第2期下降。 ...