证券代码：300660 证券简称：江苏雷利 公告编号：2024-037 1、公司 2023 年年度权益分派方案已获 2024 年 5 月 15 日召开的 2023 年年度股 东大会审议通过，决议内容详见公司 2024 年 5 月 15 日刊载于巨潮资讯网 （http://www.cninfo.com.cn）的《2023 年年度股东大会决议公告》（公告编号： 2024-036），权益分配方案为：公司以截至2024年3月31日的公司总股本317,018,474 股为基数，向全体股东每 10 股派发现金股利 5.6 元（含税），派发现金股利 177,530,345.44 元。本次利润分配不送红股，不进行资本公积金转增股本。若在分 配方案实施前公司总股本由于再融资新增股份上市、可转债转股、股份回购、股权 激励行权等原因而发生变化的，分配比例将按分派总额不变的原则相应调整。 2、公司股本总额自分派方案披露至实施期间未发生变化。 3、本次实施的权益分派方案与股东大会审议通过的分派方案一致。 4、本次权益分派方案的实施距离公司股东大会审议通过的时间未超过两个月。 二、权益分派方案 本公司 2023 年年度权益分派方案为：以 ...

2023 年年度股东大会的 法律意见书 杭州市上城区新业路 200 号华峰国际商务大厦 10-11 楼 邮编：310016 电话：(+86)0571-86508080 传真：(+86)0571-87357755 北京德恒（杭州）律师事务所 关于江苏雷利电机股份有限公司 北京德恒（杭州）律师事务所 关于江苏雷利电机股份有限公司 2023 年年度股东大会的法律意见书 北京德恒（杭州）律师事务所 关于江苏雷利电机股份有限公司 2023年年度股东大会的 法律意见书 德恒【杭】书（2024）第05004号 致：江苏雷利电机股份有限公司 根据《中华人民共和国证券法》（以下简称"《证券法》"）《中华人民共 和国公司法》（以下简称"《公司法》"）等法律、法规和规范性文件及《江苏 雷利电机股份有限公司章程》（以下简称"《公司章程》"）的规定，北京德恒 （杭州）律师事务所（以下简称"本所"）接受江苏雷利电机股份有限公司（以 下简称"江苏雷利"或"公司"）的委托，指派律师参加江苏雷利 2023 年年度 股东大会，并出具本法律意见书。 公司已向本所保证，公司已向本所披露一切足以影响本法律意见书出具的事 实并提供了本所为出具本法律意见 ...

证券代码：300660 证券简称：江苏雷利 公告编号：2024-036 江苏雷利电机股份有限公司 2023 年年度股东大会决议公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 特别提示： 1、本次股东大会无增加、变更、否决议案的情况。 2、本次股东大会不涉及变更前次股东大会决议。 一、会议召开和出席情况 （一）会议召开情况 （2）通过深圳证券交易所互联网投票系统投票的具体时间为：2024 年 5 月 15 日 9:15 至 15:00 期间的任意时间。 3、现场会议召开地点：公司会议室（江苏省常州市武进区遥观镇钱家塘路 19 号办公大楼 3 楼）。 4、会议召集人：公司董事会 5、会议主持人：董事长苏建国先生 6、本次股东大会的召集符合《公司法》、《上市公司股东大会规则》等法律、 行政法规、部门规章、规范性文件和《公司章程》的有关规定。 （二）会议出席情况 1、股东出席的总体情况： 参加本次会议的股东及股东代理人共 20 人，代表公司有表决权的股份 1、现场会议召开日期、时间：2024 年 5 月 15 日（星期三）下午 14:30 2、网络投票时间： （ ...

证券代码：300660 证券简称：江苏雷利 公告编号：2024-035 江苏雷利电机股份有限公司 关于召开 2023 年年度股东大会的提示性公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 江苏雷利电机股份有限公司（以下简称"公司"）已于 2024 年 4 月 23 日在 巨潮资讯网上刊登了《关于召开 2023 年年度股东大会的通知》（公告编号：2024- 030）。本次股东大会将通过现场会议与网络投票相结合的形式召开。根据中国证 监会相关规定，现将有关事宜提示如下： 一、召开会议的基本情况 1、股东大会届次：2023 年年度股东大会。 2、股东大会的召集人：江苏雷利电机股份有限公司董事会。 3、会议召开的合法、合规性：经公司第三届董事会第二十二次会议审议通 过，决定召开 2023 年年度股东大会，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的规定。 4、召开会议时间： （1）现场会议召开时间：2024 年 5 月 15 日（星期三）14:30。 （2）网络投票时间：2024 年 5 月 15 日 其中，通过深圳证券交易所（以下简称"深 ...

3、本次会议由监事会主席蒋国彪先生主持，公司董事会秘书、证券事务代 表列席了会议。 证券代码：300660 证券简称：江苏雷利 公告编号：2024-034 江苏雷利电机股份有限公司 第三届监事会第十七次会议决议公告 本公司及监事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 一、监事会会议召开情况 1、江苏雷利电机股份有限公司（以下简称"公司"）第三届监事会第十七次 会议于 2024 年 4 月 23 日以电子邮件方式发出通知，并于 2024 年 4 月 26 日在公 司会议室以现场及通讯投票方式召开。 2、本次会议应出席监事 3 名，实际出席监事 3 名。 特此公告 江苏雷利电机股份有限公司 监事会 4、本次会议的召开符合有关法律、行政法规、部门规章、规范性文件和公 司章程的规定。 二、监事会会议审议情况 1、审议通过了《关于公司 2024 年第一季度报告全文的议案》。 经审议，监事会认为：《2024 年第一季度报告全文》的内容符合法律、行政 法规、中国证券监督管理委员会和深圳证券交易所的相关规定，报告内容真实、 准确、完整，不存在任何虚假记载、误导性陈述或者重大遗漏。 ...

Financial Performance - The total operating revenue for Q1 2024 was ¥721,648,380.42, an increase of 2.46% compared to ¥704,351,712.82 in the same period last year[25]. - The net profit attributable to shareholders of the listed company was ¥73,038,449.66, reflecting a growth of 1.85% from ¥71,715,114.33 year-on-year[25]. - The net profit attributable to shareholders after deducting non-recurring gains and losses increased by 29.50%, reaching ¥76,906,702.24 compared to ¥59,388,492.43 in the previous year[25]. - Basic earnings per share for Q1 2024 were ¥0.2304, up 1.05% from ¥0.2280 in the same period last year[25]. - Diluted earnings per share increased by 1.55% to ¥0.2291 from ¥0.2256 year-on-year[25]. - The total comprehensive income for the period was ¥76,886,205.29, compared to ¥89,073,435.37, indicating a decrease of about 13.6%[38]. - Net profit decreased to ¥75,251,933.58 from ¥89,547,500.21, representing a decline of about 16.0%[38]. - Operating profit was reported at ¥85,022,664.90, down from ¥100,564,094.38, indicating a decrease of approximately 15.5%[38]. Cash Flow - The net cash flow from operating activities surged by 256.87%, amounting to ¥124,824,238.58, up from ¥34,977,759.88 in the same quarter last year[25]. - Cash inflows from operating activities totaled ¥843,205,236.38, up from ¥715,243,511.81, indicating a rise of about 18%[40]. - Cash outflows for operating activities rose to ¥718,380,997.80 from ¥680,265,751.93, reflecting an increase of approximately 6%[40]. - The net cash flow from investment activities improved to ¥17,772,049.61 from a negative ¥181,119,905.88, showing a significant turnaround[40]. - Cash inflows from investment activities amounted to ¥431,740,659.96, compared to ¥237,180,387.08 in the previous period, marking a growth of around 82%[40]. Assets and Liabilities - The total assets at the end of Q1 2024 were ¥5,804,466,175.29, a slight increase of 0.82% from ¥5,757,190,513.47 at the end of the previous year[25]. - The total liabilities decreased to ¥1,893,422,376.81 from ¥1,921,759,267.31, showing a reduction of about 1.5%[36]. - The company's total equity stood at ¥3,911,043,798.48, up from ¥3,835,431,246.16, marking an increase of approximately 1.97%[36]. - Total equity attributable to the parent company increased to ¥3,381,524,737.11 from ¥3,307,430,326.16, a rise of approximately 2.2%[47]. - The total assets increased to ¥5,804,466,175.29 from ¥5,757,190,513.47, reflecting a growth of approximately 0.82%[36]. Investments and Expenses - Research and development expenses for the quarter were ¥34,310,086.69, compared to ¥32,086,980.88 in the same period last year, indicating continued investment in innovation[18]. - Long-term equity investments increased by 53.71% compared to the end of the previous year, attributed to investments in Suzhou Maita and Shanghai Lianrongyu[28]. - The company reported a financial expense of -¥10,700,807.59, a significant improvement compared to the previous year's expense of ¥10,786,463.60[18]. - Government subsidies received totaled ¥1,664,727.31, indicating support aligned with normal business operations[27]. - Financial assets and liabilities resulted in a fair value loss of ¥3,401,152.45, primarily due to changes in financial management and foreign exchange contracts[27]. Future Outlook - The company plans to focus on market expansion and new product development to drive future growth[38].

证券代码：300660 证券简称：江苏雷利 公告编号：2024-033 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 一、董事会会议召开情况 1、江苏雷利电机股份有限公司（以下简称"公司"）第三届董事会第二十三 次会议于 2024 年 4 月 23 日以电子邮件方式发出通知，并于 2024 年 4 月 26 日在 公司会议室以现场及通讯投票方式召开。 2、本次会议应出席董事 9 名，实际出席董事 9 名。 3、本次会议由公司董事长苏建国先生主持，公司监事及高级管理人员列席 了会议。 4、本次会议的召开符合有关法律、行政法规、部门规章、规范性文件和公 司章程的规定。 二、董事会会议审议情况 1、审议通过了《关于公司 2024 年第一季度报告全文的议案》。 江苏雷利电机股份有限公司 第三届董事会第二十三次会议决议公告 《2024 年第一季度报告全文》详见 2024 年 4 月 29 日巨潮资讯网 （www.cninfo.com.cn），第一季度报告披露提示性公告同时刊登在 2024 年 4 月 29 日《中国证券报》。 表决结果：9 票同意，0 票反对，0 票弃 ...

Investment Rating - The report maintains a "Buy" rating for the company [4][3]. Core Views - The company achieved a revenue of 3.077 billion yuan in 2023, representing a year-on-year growth of 6.10%, and a net profit attributable to shareholders of 317 million yuan, which is a 22.44% increase year-on-year [1][13]. - The company has been expanding its high-value-added products, leading to a continuous improvement in gross margin, which reached 29.81% in 2023, the highest since its listing [2][3]. - The automotive parts business showed strong growth, with revenue of 469 million yuan, a significant increase of 43.14% year-on-year, while the small home appliance business also performed well with a revenue of 296 million yuan, up 25.35% year-on-year [13][14]. Financial Performance Summary - The company's revenue and net profit forecasts for 2024-2026 are as follows: - Revenue: 3.589 billion yuan (2024E), 4.369 billion yuan (2025E), 5.284 billion yuan (2026E) [3][7]. - Net profit: 357 million yuan (2024E), 432 million yuan (2025E), 514 million yuan (2026E) [3][7]. - The company's earnings per share (EPS) is projected to increase from 1.00 yuan in 2023 to 1.62 yuan in 2026 [7][3]. - The price-to-earnings (P/E) ratio is expected to decrease from 26.9 in 2023 to 16.6 in 2026, indicating potential valuation improvement [7][3]. Business Strategy and Growth Potential - The company is strategically positioning itself in emerging fields such as humanoid robots and smart manufacturing equipment, focusing on high-precision screw technology and system solution capabilities [14][13]. - The company’s product matrix is continuously being improved, with a focus on high-margin sectors like industrial control and medical fields, which are expected to grow rapidly in the context of global economic recovery [2][3].

Investment Rating - The investment rating for the company is "Accumulate" [1][15] Core Views - The company's profitability is steadily improving, with gross margin and net margin reaching 29.81% and 11.74% respectively in 2023, an increase of 1.31 percentage points and 1.12 percentage points year-on-year [2] - In Q4 2023, the company achieved operating revenue of 830 million yuan, a year-on-year increase of 18.03%, and a net profit attributable to the parent company of 65 million yuan, up 42.63% year-on-year [2] - The company is increasing its investment in new product research and development, focusing on humanoid robots and intelligent manufacturing equipment [3] Financial Performance - In 2023, the company reported total revenue of 3.077 billion yuan, a year-on-year increase of 6.1%, and a net profit of 317 million yuan, up 22.4% year-on-year [13] - The company’s R&D expenses for 2023 reached 147 million yuan, an increase of 10.57% year-on-year, while management and sales expenses also saw increases of 9.14% and 9.89% respectively [2] - The company expects revenues of 3.495 billion yuan, 3.942 billion yuan, and 4.479 billion yuan for 2024, 2025, and 2026 respectively, with net profits projected at 355 million yuan, 438 million yuan, and 486 million yuan [15][18] Product and Market Strategy - The company is strategically focusing on humanoid robots, smart manufacturing equipment, and industrial devices, enhancing its capabilities in high-precision screw technology [3] - The automotive parts segment has shown significant growth, with revenue from automotive components reaching 469 million yuan in 2023, a year-on-year increase of 43.14% [14]

Financial Measurement and Reporting - The company adopts fair value for subsequent measurement of financial assets and liabilities, with gains or losses recognized in the current profit or loss unless part of a hedging relationship[1]. - Dividends received from equity investments measured at fair value are recognized in current profit or loss, while other gains or losses are included in other comprehensive income[2]. - Financial liabilities measured at fair value with changes recognized in profit or loss include trading financial liabilities and derivatives, with gains or losses recognized in current profit or loss[6]. - The company uses expected credit losses to measure impairment for financial assets measured at amortized cost and those measured at fair value with changes recognized in other comprehensive income[16]. - The company assesses credit risk for financial instruments at each reporting date to determine if there has been a significant increase in credit risk since initial recognition[19]. - Loss provisions for financial assets measured at amortized cost are recognized as a reduction in the carrying amount of the asset[20]. - The company employs valuation techniques to determine the fair value of financial assets and liabilities, using observable inputs where available[15]. - When transferring financial assets, the company recognizes the difference between the carrying amount and the consideration received in current profit or loss[14]. - The company measures financial liabilities at amortized cost using the effective interest method, with gains or losses recognized in profit or loss upon derecognition[9]. - The company classifies financial instruments into different groups based on shared risk characteristics for assessing expected credit losses[19]. Cash and Asset Management - The company reported a total cash balance of ¥14,975,093.00, which is currently frozen for forward foreign exchange and futures trading[26]. - Accounts receivable amounted to ¥78,683,584.29, which is pledged for the issuance of acceptance bills[26]. - The total restricted assets at the end of the reporting period reached ¥93,658,677.29[26]. - Cash and cash equivalents at year-end were ¥1,502,578,111.48, making up 26.10% of total assets, a decrease of 1.65% from the beginning of the year[44]. - Accounts receivable increased to ¥1,151,343,102.82, representing 20.00% of total assets, a slight increase of 0.06%[44]. - Inventory stood at ¥605,969,100.89, accounting for 10.53% of total assets, down by 0.49% from the previous year[44]. Investments and Acquisitions - The company completed significant equity investments, including a 59.09% stake in Jiangsu Shike for ¥91,189,100.00, focusing on electric motor components[27]. - Another notable investment was a 51.00% acquisition in Hefei Sailis for ¥20,400,000.00, specializing in machine tool components[27]. - The company established a new entity, Changzhou Liheng, with a 71.00% stake and an investment of ¥21,300,000.00, focusing on micro motors[30]. - A new venture, Changzhou Xinying, was set up with a 60.00% stake and an investment of ¥5,000,000.00, concentrating on automotive parts[30]. - The total amount of significant non-equity investments during the reporting period was not applicable[31]. - The company did not engage in any securities investments during the reporting period[31]. Research and Development - The total R&D investment accounted for 12.98% of operating revenue, with a significant increase in the number of R&D personnel, particularly those with bachelor's degrees, which rose by 24.68%[35]. - The company has completed the development of the second-generation high-speed mirror motor for laser radar, with small batch trials expected to be completed in Q1 2024[36]. - The company has successfully achieved mass production of the mirror motor for blind-spot laser radar, enhancing its product line in this sector[36]. - The company aims to achieve an annual output value of over 8 million from the high-efficiency automotive DC motor project, which is expected to meet customer demands while reducing structural space by 10%[33]. - The precision linear actuator and integrated device development is expected to further strengthen the company's leading position in the motor component market[33]. - Research and development investment focused on the development of a high-efficiency integrated stepper motor, which aims to reduce noise and improve product quality, with a target of achieving zero defects[79]. - The development of a smart drive motor for sports health is expected to reduce energy consumption by 25% compared to existing motors, enhancing market share in North America and opening up the domestic market for brushless motors[79]. Financial Performance - The net cash flow from operating activities increased by 72.91% year-on-year, primarily due to increased sales and improved management of receivables[39]. - The net cash flow from investment activities decreased by 23.30%, reflecting increased cash outflows for debt repayment[39]. - Investment income amounted to ¥2,802,940.84, contributing 0.66% to the total profit, primarily from forward foreign exchange settlements and equity transfers[40]. - The fair value changes resulted in a gain of ¥7,256,180.42, accounting for 1.71% of total profit, mainly from forward foreign exchange and financial products[40]. - Asset impairment losses totaled -¥41,274,936.94, representing -9.71% of total profit, primarily due to inventory write-downs and goodwill impairment[40]. - The company reported a credit impairment loss of -¥18,557,367.07, which is -4.37% of total profit, mainly from provisions for bad debts on various receivables[43]. - Other income, primarily from government subsidies, was ¥34,751,083.24, contributing 8.18% to total profit[43]. Risk Management and Governance - The company has not reported any significant changes in its foreign exchange hedging accounting policies, adhering strictly to relevant financial regulations[49]. - The company has implemented risk control measures for its foreign exchange and futures hedging activities to prevent financial losses[90]. - The company has established a clear management structure and responsibilities among its finance and audit departments to enhance risk response speed[90]. - The company has a strong focus on safety management, successfully preventing major safety incidents through enhanced training and supervision[184]. - The company has established a risk management process to identify and respond to potential uncertainties, ensuring effective decision-making[184]. - The company has implemented a structured guarantee management system to mitigate operational risks and ensure financial safety[190]. - The company has established a comprehensive internal control system to effectively prevent operational risks and ensure the achievement of internal control objectives[181]. Corporate Governance and Shareholder Relations - The company has reported a significant focus on enhancing corporate governance, aligning with regulatory requirements, and improving operational transparency[110]. - The company has engaged in various strategic discussions regarding future business expansion and potential mergers and acquisitions[102]. - The company has maintained a commitment to protecting the rights of shareholders and ensuring fair access to information through timely disclosures[110]. - The company has established a comprehensive performance evaluation and incentive mechanism for senior management, linking compensation directly to performance[112]. - The company has a clear asset ownership structure, with no guarantees provided for the debts of shareholders[116]. - The company has a complete and independent organizational structure, ensuring normal and orderly operations[116]. - The company has established a detailed information disclosure and investor management system to enhance transparency and accountability[193]. Employee Management and Development - The total number of employees at the end of the reporting period is 4,107, with 1,187 in the parent company and 2,920 in major subsidiaries[158]. - The company has a total of 2,577 production staff, 583 technical staff, and 123 sales staff among its employees[161]. - The company has established a multi-level compensation and benefits system to attract and retain key talent, including basic salary, performance bonuses, and stock incentives[162]. - The company has implemented a comprehensive training management system to enhance employee skills and core competitiveness[165]. - The company emphasizes employee training and has implemented a digital human resource management system to enhance management efficiency[184]. Future Outlook and Strategic Goals - The company aims for a sales target of 3.5 billion yuan in 2024, representing a year-on-year growth of 13.75%[97]. - The company plans to invest over 58 million yuan in automation for smart manufacturing in 2024[97]. - The company is focusing on developing new products in the home appliance market, including refrigerators, washing machines, and air conditioners[97]. - The company is expanding into the new energy sector, particularly in components for electric vehicles and energy storage motors[97]. - The company plans to enhance its medical device product line, aiming for rapid growth in the medical field[97]. - The company is pursuing an internationalization strategy, with plans to establish a second production base in Mexico[97]. - The company has set performance guidance for the next fiscal year, aiming for a revenue growth of approximately 10%[127].