Financial Performance - The company's operating revenue for 2024 was CNY 6,828,803,327.70, a decrease of 14.04% compared to CNY 7,944,393,327.05 in 2023[20]. - The net profit attributable to shareholders for 2024 was CNY 44,071,003.42, a significant increase of 113.05% from a loss of CNY 337,600,673.18 in 2023[20]. - The net cash flow from operating activities increased by 64.52% to CNY 315,590,878.86 in 2024, compared to CNY 191,826,903.51 in 2023[20]. - The basic earnings per share for 2024 was CNY 0.04, up 113.79% from a loss of CNY 0.29 in 2023[20]. - The gross profit margin for the reporting period was 21.77%, an increase of 0.9 percentage points year-on-year, attributed to stable sales prices and reduced operating costs[91]. - The company reported a net profit attributable to shareholders of 44.07 million yuan, an increase of 113.05% year-on-year, driven by business transformation and improved asset quality[92]. - Cash flow from operating activities was 316 million yuan, up 64.52% year-on-year, due to enhanced credit risk management and optimized payment methods[93]. - The company achieved operating revenue of 6.83 billion yuan, a decrease of 14.04% compared to the previous year, primarily due to strategic adjustments in business layout and a focus on high-quality development[91]. Market Trends and Industry Outlook - The total production of waterproof materials in China is projected to be 2.538 billion square meters in 2024, a decrease of 16.8% compared to 2023, which may impact the company's revenue growth[5]. - The waterproofing industry is projected to see a total production of 2.538 billion square meters in 2024, a decline of 16.8% compared to 2023[32]. - The company anticipates that the stock housing market will become a new growth point for the waterproofing industry due to urban renewal projects targeting old residential areas[34]. - The government has implemented policies to stabilize the real estate market, which is expected to support demand for waterproofing products[33]. - The demand for waterproof materials is expected to grow due to urban renewal projects and the renovation of old residential areas, which will require improved waterproofing solutions[39]. - The waterproof industry in China is experiencing significant consolidation, with over 3,000 companies competing for a market where the top firms hold less than 30% of the share[43]. - The government has implemented new regulations to enhance the durability requirements of waterproof materials, which is anticipated to raise industry entry barriers and concentration levels[36]. Risk Management - The company faces risks related to the fluctuation of raw material prices, which include asphalt and various petrochemical products, potentially affecting profitability[6][7]. - The company has a significant accounts receivable balance, which may pose a risk if major debtors experience financial difficulties[8]. - The company is closely monitoring raw material price fluctuations and plans to implement strategic reserves to mitigate procurement costs[160]. - The company is enhancing its accounts receivable management to reduce risks associated with potential defaults from major clients[161]. - The company has established a comprehensive risk management system for its hedging activities, including strict controls on the scale of hedging funds[125]. Corporate Governance and Compliance - The company emphasizes the importance of accurate financial reporting and has declared that all board members attended the meeting to review the annual report[4]. - The company has not reported any discrepancies between net profit and net assets under international and Chinese accounting standards during the reporting period[24][25]. - The company ensures strict compliance with laws and regulations regarding information disclosure, with designated personnel responsible for coordinating investor relations and providing timely and accurate information[173]. - The company maintains independence from its controlling shareholders in terms of assets, personnel, finance, organization, and business, ensuring a complete R&D, production, and sales system[175]. - The company has established an independent financial accounting system and maintains separate bank accounts, ensuring no shared accounts with controlling shareholders[179]. Strategic Initiatives and Partnerships - The company focuses on providing comprehensive waterproofing solutions, with a core business in construction waterproofing and a strategic shift towards diversified business transformation[51]. - The company has established long-term strategic partnerships with major state-owned enterprises and well-known private companies, enhancing its market presence[53]. - The company is actively pursuing market expansion in emerging areas such as urban renewal and green building initiatives[52]. - The company has established long-term partnerships with over 3,200 distributors across 31 provinces, enhancing its market presence and distribution efficiency[75]. - The company has engaged in extensive collaborations with suppliers such as BASF and Shell for advanced waterproof technologies aimed at sustainable development[108]. Research and Development - The company has a research and development team of nearly 500 people and has applied for a total of 1,239 patents, with 824 currently valid[83][84]. - The company has successfully developed a core technology for root-resistant waterproofing materials, reducing production costs and enhancing product performance[84]. - The company’s R&D investment for 2024 amounted to approximately ¥275.15 million, representing 4.03% of total revenue, a slight increase from 4.02% in 2023[109]. - The company received 60 patent applications in 2024, including 56 invention patents, and published four research papers in reputable journals[107]. Product Development and Innovation - The company is upgrading its product offerings in the civil building materials sector, emphasizing environmental certifications and a wide range of product categories[56][57]. - The company has implemented a comprehensive upgrade of its waterproofing materials, focusing on durability and compliance with new industry standards[50]. - The waterproofing products feature high-performance characteristics, such as excellent tensile strength and self-healing capabilities, suitable for various construction applications[71]. - The company has a diverse product line, including self-adhesive membranes and polyurethane coatings, catering to both industrial and civil construction needs[71]. - The company is focusing on five major business lines, including self-cleaning solutions for photovoltaic panels and agricultural chemical applications, to enhance its competitive edge[157]. Shareholder Engagement and Corporate Structure - The company held its annual shareholders' meeting on May 21, 2024, with a participation rate of 50%[183]. - The company conducted its first temporary shareholders' meeting on June 27, 2024, with a participation rate of 42.79%[183]. - The company reported a total shareholding of 297,901,983 shares at the end of the period, a decrease of 45,010,000 shares from the beginning of the period[187]. - The chairman, Chen Weizhong, reduced his shareholding by 45,000,000 shares through an agreement transfer, leaving him with 273,260,362 shares[187]. - The company’s total shareholding structure reflects a significant change with the departure of two independent directors and the appointment of new members[188]. Market Expansion and Sales Strategy - The company is expanding its market presence in Southeast Asia, targeting a 30% market share by 2025[196]. - The company has adopted live e-commerce as a key strategy for brand penetration and channel expansion, leveraging platforms like Douyin to reach end consumers and small B clients[62]. - The company aims to enhance its channel system and local market responsiveness through a strategy of "deep cultivation" and "precise sinking" into county markets[52]. - The company has expanded its channel layout, increasing the number of core decoration company resources by over 50 throughout the year, enhancing the depth of market penetration[61]. Sustainability and Environmental Commitment - The company has received multiple environmental certifications for its products, reinforcing its commitment to sustainability[57]. - The focus on green materials and low-carbon processes is becoming a core trend in the waterproofing industry, driven by national policies on energy efficiency and sustainable development[47]. - The company emphasizes low-carbon and low-emission production processes, utilizing biodegradable materials in its product formulations[71]. - The company has received multiple awards, including the National Green Supply Chain Management Enterprise and the National Green Factory, highlighting its commitment to sustainability[81].

Financial Performance - The company's operating revenue for Q1 2025 was ¥1,395,038,910.94, a decrease of 6.06% compared to ¥1,485,098,885.06 in the same period last year[4] - The net profit attributable to shareholders for Q1 2025 was ¥40,504,756.80, down 23.19% from ¥52,732,211.62 in the previous year[4] - The basic earnings per share for Q1 2025 was ¥0.04, a decrease of 20.00% from ¥0.05 in the previous year[4] - The weighted average return on equity for Q1 2025 was 0.82%, down from 1.05% in the same period last year, a decrease of 0.23%[4] - Net profit for the period was ¥39,710,336.53, down from ¥50,994,831.70, representing a decline of 22.0%[21] - Total profit decreased to ¥52,099,579.56 from ¥63,026,104.30, a drop of 17.5%[21] - The total comprehensive income attributable to the parent company was ¥40,022,136.98, down from ¥52,773,179.30, a decrease of 24.3%[22] Cash Flow and Liquidity - The net cash flow from operating activities improved significantly, reaching -¥382,352,272.09, a 60.87% increase compared to -¥977,142,580.83 in the same period last year[8] - Operating cash flow net amount improved to -¥382,352,272.09 from -¥977,142,580.83, indicating a positive trend in cash flow management[24][26] - Cash inflow from operating activities totaled ¥1,520,029,126.14, up from ¥1,307,846,982.22, marking an increase of 16.2%[25] - The company reported a cash and cash equivalents balance of ¥1,588,147,763.29 at the end of the period, slightly down from ¥1,629,493,144.00[26] - Cash and cash equivalents decreased to CNY 2,696,828,997.56 from CNY 3,415,245,423.59, representing a decline of 21.06%[15] Assets and Liabilities - Total assets at the end of the reporting period were ¥14,131,413,557.81, reflecting a 0.63% increase from ¥14,043,623,151.24 at the end of the previous year[4] - Total liabilities increased to CNY 9,101,381,935.86 from CNY 9,065,124,308.26, showing a slight increase of 0.40%[17] - Total assets amounted to CNY 14,131,413,557.81, up from CNY 14,043,623,151.24, reflecting an increase of 0.62%[16] - The company's retained earnings increased to CNY 1,878,830,454.05 from CNY 1,837,360,171.39, an increase of 2.39%[18] - The total equity attributable to shareholders rose to CNY 4,940,214,499.17 from CNY 4,893,915,983.74, an increase of 0.94%[18] Shareholder Information - The company reported a total of 33,125 common shareholders at the end of the reporting period[10] - The top shareholder, Chen Weizhong, holds 24.62% of the shares, amounting to 273,260,362 shares, with 204,945,271 shares pledged[10] Operating Costs and Expenses - Total operating costs for the current period amount to CNY 1,319,656,053.43, down 6.76% from CNY 1,415,365,335.64 in the previous period[20] - R&D expenses increased to ¥48,730,236.98 from ¥47,340,139.46, reflecting a growth of 2.9% year-over-year[21] - Financial expenses decreased significantly to ¥12,213,414.19 from ¥23,244,349.57, a reduction of 47.5%[21] Government Subsidies and Non-Recurring Items - The company received government subsidies amounting to ¥4,758,870.35 during the reporting period, which are closely related to its normal business operations[6] - The total non-recurring gains and losses for the reporting period amounted to ¥17,988,531.83 after tax adjustments[6] Inventory and Receivables - Accounts receivable increased to CNY 4,225,695,563.61 from CNY 4,072,793,425.11, reflecting an increase of 3.76%[15] - Inventory rose to CNY 563,298,920.94 from CNY 501,975,812.22, indicating an increase of 12.18%[15] - Short-term borrowings increased to CNY 1,710,846,716.50 from CNY 1,377,572,651.30, a rise of 24.14%[17]

关于 2025 年第一季度可转换公司债券转股情况的公告 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。 重要内容提示： 1、科顺转债（债券代码：123216）转股期限为 2024 年 2 月 19 日至 2029 年 8 月 3 日，转股价格为 7.02 元/股。 2、2025 年第一季度，共有 39 张"科顺转债"完成转股（票面 金额共计人民币 3,900.00 元），合计转为 555 股"科顺股份"股票 （股票代码：300737）。 3、截至2025年第一季度末，公司剩余可转债为21,978,429张， 剩余可转债票面总金额为人民币 2,197,842,900.00 元。 证券代码：300737 证券简称：科顺股份 公告编号：2025-008 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 根据《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 15 号——可转换公司债券》等有关规定， 科顺防水科技股份有限公司（以下简称"公司"）现将 2025 年第一 ...

证券代码：300737 证券简称：科顺股份 公告编号：2025-007 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 关于拟向银行申请授信额度的公告 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。 一、获得授信的基本情况 为满足科顺防水科技股份有限公司（以下简称"公司"）生产经 营资金需求，进一步拓宽公司融资渠道，公司拟向以下银行申请授信 额度，授信额度和授信期限以银行最终实际审批为准。 | 贷款行 | 授信额度 （万元） | 担保人 | | --- | --- | --- | | 广东顺德农村商业银行股份有限公司容桂支行 | | 80,000.00 陈伟忠、阮宜宝、 陈华忠 | | 贷款行 | 敞口授信额度 （万元） | 担保人 | | 中信银行股份有限公司佛山分行 | 40,000.00 | 陈伟忠、阮宜宝 | | 广东南粤银行股份有限公司佛山分行 | 20,000.00 | 陈伟忠 | | 平安银行股份有限公司佛山分行 | 20,000.00 | 陈伟忠 | 本次申请银行授 ...

Financial Performance Expectations - The company expects a net profit attributable to shareholders of 40 million to 60 million yuan for 2024, a significant recovery from a loss of 337.6 million yuan in the previous year[3] - The net profit after deducting non-recurring gains and losses is projected to be a loss of 200 million to 300 million yuan, compared to a loss of 428.3 million yuan in the previous year[3] - The estimated impact of non-recurring gains and losses on the net profit attributable to shareholders is around 300 million yuan, mainly due to the reversal of previous credit risk provisions and performance compensation[6] Factors Contributing to Performance Improvement - The improvement in cash collection and a significant reduction in credit impairment losses are key factors contributing to the expected turnaround in performance[6] - The company is focusing on high-quality development, optimizing its business structure, and maintaining rapid growth in retail, repair, and overseas businesses[5] - The construction business is developing steadily, and the company is enhancing customer credit risk management[5] Financial Reporting and Audit - The financial data provided is a preliminary estimate and has not been audited by an accounting firm, with detailed financial data to be disclosed in the 2024 annual report[7]

证券代码：300737 证券简称：科顺股份 公告编号：2025-004 债券代码：123216 债券简称：科顺转债 本公司及监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、会议召开情况 科顺防水科技股份有限公司（以下简称"公司"）第四届监事会 第五次会议于 2025 年 1 月 10 日在公司会议室以现场和通讯方式召开， 会议通知已于 2025 年 1 月 6 日发出。本次会议应出席的监事 3 人， 实际出席并参与表决的监事 3 人，会议由监事会主席黎粤洋先生主持， 本次会议的召开符合《中华人民共和国公司法》和《公司章程》的有 关规定。 二、会议表决情况 经审议，监事会认为：公司使用不超过 130,000.00 万元闲置募 集资金暂时补充流动资金的内容及程序符合《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》等有关规定， 有利于提高募集资金使用效率，减少财务费用支出，不存在损害中小 股东利益的情形；本次使用部分闲置募集资金补充流动资金，没有与 募集资金投资项目的实施计划相抵触，不 ...

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。 证券代码：300737 证券简称：科顺股份 公告编号：2025-003 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 第四届董事会第十二次会议决议公告 一、会议召开情况 科顺防水科技股份有限公司（以下简称"公司"）第四届董事会 第十二次会议于 2025 年 1 月 10 日在公司会议室以现场和通讯方式 召开，会议通知已于 2025 年 1 月 6 日发出。本次会议应出席的董事 7 人，实际出席并参与表决的董事 7 人，会议由董事长陈伟忠先生主 持，公司监事和其他高级管理人员列席了会议。本次会议的召开符合 《中华人民共和国公司法》和《公司章程》的有关规定。 募集资金归还至募集资金专用账户。具体内容详见公司同日披露于巨 潮资讯网（http://www.cninfo.com.cn）上的相关公告。 表决结果：同意票 7 票，反对票 0 票，弃权票 0 票。 二、会议表决情况 经参会董事审议，依法表决，本次会议审议通过了以下议案： （一）审议 ...

使用部分闲置募集资金暂时补充流动资金的核查意见 国泰君安证券股份有限公司 关于科顺防水科技股份有限公司 公司于 2024 年 4 月 28 日召开第三届董事会第二十九次会议和第三届监事 会第二十三次会议，分别审议通过了《关于使用部分闲置募集资金暂时补充流动 资金的议案》，同意公司使用不超过 130,000.00 万元闲置募集资金暂时补充流动 资金，使用期限自董事会审议通过之日起不超过 12 个月，公司将随时根据募集 资金投资项目的进展及需求情况及时将补流的募集资金归还至募集资金专用账 户。具体内容详见公司于 2024 年 4 月 30 日在巨潮资讯网（www.cninfo.com.cn） 发布的《关于使用部分闲置募集资金暂时补充流动资金的公告》（公告编号： 2024-042）。 国泰君安证券股份有限公司（以下简称"国泰君安"或"保荐人"）作为科 顺防水科技股份有限公司（以下简称"科顺股份"或者"公司"）向不特定对象 发行可转换公司债券的保荐人，根据《证券发行上市保荐业务管理办法》《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——创业板上市公司规范运作》《上市公司监管指引第 ...

证券代码：300737 证券简称：科顺股份 公告编号：2025-001 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 2024 年第四季度可转换公司债券转股情况的公告 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。 重要内容提示： 1、科顺转债（债券代码：123216）转股期限为 2024 年 2 月 19 日至 2029 年 8 月 3 日，转股价格为 7.02 元/股。 （三）可转债转股期限 本次发行的可转债转股期自可转债发行结束之日（2023 年 8 月 10 日）起满六个月（2024 年 2 月 10 日）后的第一个交易日（2024 年 2 月 19 日）起至可转债到期日（2029 年 8 月 3 日）止，即 2024 年 2 月 19 日至 2029 年 8 月 3 日。 （四）可转债转股价格 2、2024 年第四季度，共有 224 张"科顺转债"完成转股（票面 金额共计人民币 22,400.00 元），合计转为 3,199 股"科顺股份"股 票（股票代码：300 ...

证券代码：300737 证券简称：科顺股份 公告编号：2024-124 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 第四届董事会第十一次会议决议公告 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。 一、会议召开情况 科顺防水科技股份有限公司（以下简称"公司"）第四届董事会 第十一次会议于 2024 年 12 月 26 日在公司会议室以现场和通讯方式 召开，会议通知已于 2024 年 12 月 24 日发出。本次会议应出席的董 事 7 人，实际出席并参与表决的董事 7 人，会议由董事长陈伟忠先生 主持，公司监事和其他高级管理人员列席了会议。本次会议的召开符 合《中华人民共和国公司法》和《公司章程》的有关规定。 二、会议表决情况 议案内容： 为加强公司市值管理工作，切实推动公司投资价值提升，增强投 资者回报，维护投资者利益，根据《中华人民共和国公司法》《中华 人民共和国证券法》《上市公司信息披露管理办法》《上市公司监管 指引第 10 号——市值管理》等法律法规、规范性文件和《科顺防 ...