证券代码：300737 证券简称：科顺股份 公告编号：2025-030 债券代码：123216 债券简称：科顺转债 科顺防水科技股份有限公司 关于"科顺转债"转股价格调整的公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连 带法律责任。 特别提示： 经中国证券监督管理委员会"证监许可〔2023〕1281 号"文同 意注册的批复，科顺防水科技股份有限公司（以下简称"公司"）于 2023年 8月4日向不特定对象发行了2,198.00万张可转换公司债券， 每张面值 100 元，发行总额 219,800.00 万元。经深圳证券交易所同 意，公司 219,800.00 万元可转换公司债券于 2023 年 8 月 23 日起在 深交所挂牌交易，债券简称"科顺转债"，债券代码"123216"。 鉴于公司将实施 2024 年年度权益分派方案，根据《科顺防水科 技股份有限公司创业板向不特定对象发行可转换公司债券募集说明 书》（以下简称"《可转债募集说明书》"）的有关规定，"科顺转 债"的转股价格由 7.02 元/股调整为 6.72 ...

证券代码：300737 证券简称：科顺股份 公告编号：2025-028 债券代码：123216 债券简称：科顺转债 科顺防水科技股份有限公司 关于预计触发转股价格向下修正条件的提示性公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连 带法律责任。 一、可转换公司债券基本情况 经中国证券监督管理委员会"证监许可〔2023〕1281 号"文同 意注册的批复，科顺防水科技股份有限公司（以下简称"公司"）于 2023年 8月4日向不特定对象发行了2,198.00万张可转换公司债券， 每张面值 100 元，发行总额 219,800.00 万元。经深圳证券交易所（以 下简称"深交所"）同意，公司 219,800.00 万元可转换公司债券于 2023 年 8 月 23 日起在深交所挂牌交易，债券简称"科顺转债"，债 券代码"123216"。 根据《科顺防水科技股份有限公司创业板向不特定对象发行可转 换公司债券募集说明书》（以下简称"《可转债募集说明书》"）的有关 规定，"科顺转债"转股期自 2024 年 2 月 19 日至 20 ...

| 证券代码：300737 | 证券简称：科顺股份 | 公告编号：2025-029 | | --- | --- | --- | | 债券代码:123216 | 债券简称:科顺转债 | | 科顺防水科技股份有限公司 2024 年年度权益分派实施公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连 带法律责任。 科顺防水科技股份有限公司（以下简称"公司"）2024 年年度 权益分派方案已获 2025 年 5 月 16 日召开的 2024 年年度股东大会审 议通过，现将权益分派事宜公告如下： 一、股东大会审议通过的权益分派方案情况 1、公司 2024 年年度股东大会审议通过的利润分配方案为：公司 以截至 2025 年 3 月 31 日公司总股本 1,109,968,217 股为基数，向全 体股东每 10 股派发现金股利人民币 3 元（含税），不送红股、不以 资本公积金转增股本，剩余未分配利润结转以后年度。 2、截至本次公告披露前一交易日，公司总股本为 1,109,968,359 股。因公司可转换公司债券（债券简称：科顺转债 ...

证券代码：300737 证券简称：科顺股份 公告编号：2025-027 债券代码：123216 债券简称：科顺转债 科顺防水科技股份有限公司 2024 年年度股东大会决议公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连 带法律责任。 特别提示： 1.本次股东大会无否决议案的情形； 2.本次股东大会不涉及变更以往股东大会决议的情形； 3.为尊重中小投资者利益，提高中小投资者对公司股东大会决议 事项的参与度，本次股东大会对中小投资者进行单独计票，中小投资 者是指除上市公司董事、监事、高级管理人员以及单独或者合计持有 公司 5%以上股份的股东以外的其他股东。 一、会议召开和出席情况 (一)会议召开情况 （2）网络投票日期和时间：通过深圳证券交易所系统进行网络 投票的时间为：2025 年 5 月 16 日 9:15—9:25，9:30—11:30 和 13:00 —15:00；通过深圳证券交易所互联网投票系统投票的时间为：2025 年 5 月 16 日 9:15—15:00。 2.现场会议召开地点：佛山市顺德区容桂红旗中 ...

北京市中伦（深圳）律师事务所 关于科顺防水科技股份有限公司 2024 年年度股东大会的 法律意见书 二〇二五年五月 o 关于科顺防水科技股份有限公司 2024 年年度股东大会的 法律意见书 致：科顺防水科技股份有限公司 根据《中华人民共和国公司法》（下称"《公司法》"）、《上市公司股东会 规则》（下称"《股东会规则》"）等有关法律法规的规定及公司现行章程（下称 "《公司章程》"）的有关规定，北京市中伦（深圳）律师事务所（下称"本所"） 接受科顺防水科技股份有限公司（下称"公司"）的委托，指派律师出席公司 2024 年年度股东大会（下称"本次股东大会"），并就本次股东大会的召集和召开程序、 召集人资格、出席和列席会议人员资格、表决程序及表决结果等事宜发表法律意 见。 一、本次股东大会的召集和召开程序 为召开本次股东大会，公司董事会于 2025 年 4 月 25 日在规定的信息披露媒 体上公告了会议通知。该通知载明了会议的召开方式、召开时间和召开地点，对 会议议题进行了披露，说明了股东有权出席并可委托代理人出席和行使表决权， 明确了会议的登记方法、有权出席会议股东的股权登记日、会议联系人姓名和电 话号码，符合《股 ...

Core Points - The Shanghai Composite Index decreased by 0.30%, while the CSI All-Industry Construction Products Index reported 3860.07 points [1] - The CSI All-Industry Construction Products Index has increased by 8.22% in the past month, 2.95% in the past three months, and 1.17% year-to-date [1] Group 1: Index Overview - The CSI All-Industry Construction Products Index reflects the overall performance of different industry companies within the CSI sample, categorized into 11 primary industries, 35 secondary industries, over 90 tertiary industries, and more than 200 quaternary industries [1] - The index is based on a reference date of December 31, 2004, with a base point of 1000.0 [1] Group 2: Index Holdings - The top ten weights in the CSI All-Industry Construction Products Index are: Beixin Building Materials (16.44%), Dongfang Yuhong (13.12%), Weixing New Materials (6.74%), Cangzhou Mingzhu (4.49%), Wanli Stone (3.97%), Zhongqi New Materials (3.13%), Jianlang Hardware (2.93%), Keshun Co. (2.86%), Dongpeng Holdings (2.63%), and Zhite New Materials (2.4%) [1] - The market share of the CSI All-Industry Construction Products Index holdings is 89.88% from the Shenzhen Stock Exchange, 9.58% from the Shanghai Stock Exchange, and 0.54% from the Beijing Stock Exchange [1] Group 3: Sample Adjustments - The index sample is adjusted every six months, with implementation on the next trading day after the second Friday of June and December [2] - Weight factors are generally fixed until the next scheduled adjustment, with temporary adjustments made in response to changes in the CSI All-Industry Index [2] - Special events affecting a sample company's industry classification will lead to corresponding adjustments in the index sample [2]

Core Points - The Shanghai Composite Index is at 3343.28 points, slightly down by 0.26%, with a total trading volume of 590.62 billion yuan [1] - 24 A-shares have surpassed their annual moving average, with notable stocks showing significant deviation rates [1] Summary by Category Stock Performance - Huaihe Energy (600575) has the highest deviation rate at 9.45%, with a daily increase of 10.03% and a turnover rate of 4.61% [2] - *ST Changyao (300391) follows with a deviation rate of 3.71%, increasing by 4.37% today [2] - Shuiyang Co., Ltd. (300740) shows a deviation rate of 3.58% with an 8.70% increase [2] Other Notable Stocks - *ST Chuangxing (600193) has a deviation rate of 3.47% and a daily increase of 4.94% [2] - Yahua Electronics (301337) has a deviation rate of 3.40% with a 5.06% increase [2] - Shaanxi Huada (301517) shows a 4.25% increase and a deviation rate of 3.38% [2] Market Overview - The overall A-share market is experiencing fluctuations, with a total trading volume of 590.62 billion yuan, indicating active trading [1]

Group 1: Financial Performance - The company achieved a net profit of 44.071 million yuan in 2024, a 113.05% increase compared to the previous year [6] - Operating cash flow increased by 64.52% year-on-year in 2024 [2] - The company has implemented measures to optimize its financial structure, including improved accounts receivable management and cost reduction strategies, resulting in a 0.9 percentage point increase in gross margin [2] Group 2: Business Strategy - The company is focusing on diversifying its channels, with the real estate procurement ratio currently below 15% [1] - Future growth will be driven by expanding non-real estate business, particularly in large infrastructure projects and overseas markets, especially in Southeast Asia [7] - The company plans to enhance its product offerings and reduce costs to improve profitability [7] Group 3: Market Conditions - The decline in crude oil prices positively impacts the company's profitability by reducing the cost of key raw materials like asphalt [4] - The waterproofing industry is expected to see significant demand due to government policies promoting housing renovations and infrastructure projects, with a projected increase in waterproofing needs [9] - The company is well-positioned to capitalize on the growing demand in the maintenance market for older buildings [9] Group 4: Risk Management - The company has established systems to prevent the misuse of funds by major shareholders, including strict approval processes for related transactions [8] - Independent directors regularly review compliance with these systems to ensure shareholder interests are protected [8] - The company maintains a strong liquidity position with approximately 3.4 billion yuan in cash as of the end of 2024, indicating no funding pressure [9]

Investment Rating - The investment rating for the company is "Outperform the Market" [5][33] Core Views - The company has actively adjusted its business structure to control risks, leading to a steady improvement in profitability and quality. Despite revenue pressure, the significant reduction in credit impairment losses has contributed to turning a profit [3][8][33] - The company reported a revenue of 6.83 billion yuan in 2024, a year-on-year decrease of 14.0%, with a net profit attributable to shareholders of 44 million yuan, compared to a loss of 338 million yuan in the previous year [8][33] - The company plans to distribute a dividend of 0.3 yuan per share for 2024, with total dividends amounting to 422 million yuan [8] Revenue and Profitability - In Q1 2025, the company achieved a revenue of 1.4 billion yuan, down 6.1% year-on-year, with a net profit of 41 million yuan, a decrease of 23.2% [8] - The gross margin for 2024 was 21.8%, an increase of 0.6 percentage points year-on-year, benefiting from lower raw material prices and internal cost reduction efforts [2][3] - The company’s operating cash flow improved significantly, with a net cash flow from operating activities of 320 million yuan in 2024, up 64.5% year-on-year [3][28] Financial Forecasts - The company’s earnings per share (EPS) are projected to be 0.18, 0.30, and 0.42 yuan for 2025, 2026, and 2027 respectively, with corresponding price-to-earnings (PE) ratios of 25.4, 15.4, and 11.1 [33][34] - The total revenue is expected to slightly increase to 6.86 billion yuan in 2025, with a projected growth rate of 0.5% [34] Cash Flow and Risk Management - The company has strengthened its cash collection and risk control measures, leading to a continuous recovery in cash flow. The accounts receivable and notes totaled 4.09 billion yuan at the end of 2024, a decrease of 70 million yuan year-on-year [3][28] - The asset-liability ratio stood at 64.6%, reflecting a manageable level of debt [3][28]

Core Viewpoint - The company experienced a decline in revenue for 2024, with a 14% year-on-year decrease, while net profit showed a significant increase of 113% year-on-year, indicating a potential improvement in operational efficiency despite challenging market conditions [1][4]. Group 1: Financial Performance - In 2024, the company achieved revenue of 6.8 billion, a 14% decrease year-on-year, with a net profit of approximately 44 million, reflecting a 113% increase year-on-year [1]. - The first quarter of 2024 saw revenue of 1.4 billion, down 6% year-on-year, and a net profit of 40 million, down 23% year-on-year [1]. - The company's gross margin improved to approximately 21.8% for 2024, up 0.6 percentage points year-on-year, primarily due to stable sales prices and reduced unit costs [3]. Group 2: Market Conditions - The waterproofing industry remains under significant pressure in 2024, with total production of waterproof materials in China declining by 17% year-on-year, and a cumulative decline of 38% compared to the historical peak in 2021 [2]. - The company's main business revenue decreased by 12%, with specific declines in waterproof membrane revenue (15%), waterproof coating revenue (6%), and engineering construction revenue (17%) [2]. Group 3: Strategic Initiatives - The company has implemented a multi-brand distribution strategy targeting different market segments, establishing long-term partnerships with over 3,200 distributors [2]. - In 2024, the company began exploring overseas markets, contributing approximately 2% to total revenue [2]. - Some fundraising projects have been postponed, with the company extending the timeline for certain expansion projects to the end of 2028 due to declining terminal demand and production efficiency improvements [4]. Group 4: Cash Flow and Debt Management - The company's operating cash flow has shown gradual improvement, with a cash collection ratio of 1.08 in the past three years, indicating better revenue structure [3]. - By the end of 2024, accounts receivable and notes amounted to 4.1 billion, slightly down from the end of 2023, while the net cash flow from operating activities was 320 million [3].