科顺防水科技股份有限公司 证券代码：300737 证券简称：科顺股份 公告编号：2024-050 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。 公司 2023 年年度股东大会审议通过了《关于公司监事会换届选 举暨选举第四届监事会非职工代表监事候选人的议案》，经股东投票 表决，选举黎粤洋先生、董海先生为公司第四届监事会非职工代表监 事，与第四届监事会职工代表监事徐贤军先生共同组成公司第四届监 事会。 第四届监事会第一次会议决议公告 根据《公司法》《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》等法律法规、规范性文件以及《公司章程》 的有关规定，经与会监事讨论，同意选举黎粤洋先生为公司第四届监 事会主席，任期三年，自本次监事会审议通过之日起至第四届监事会 任期届满之日止。 表决结果：同意票 3 票，反对票 0 票，弃权票 0 票。 科顺防水科技股份有限公司（以下简称"公司"）第四届监事会 第一次会议于 2024 年 5 月 21 日下午 ...

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 证券代码：300737 证券简称：科顺股份 公告编号：2024-048 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 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； 5.会议主持人：本次股东大会由董事长陈伟忠先生主持 6.会议召开的合法、合规、合章程性： （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：2024 年 5 月 21 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：2024 年 5 月 21 日 ...

Summary of Conference Call Company or Industry Involved - The conference call pertains to Minsheng Securities, a financial services company in the investment sector [1] Core Points and Arguments - The conference call is intended solely for professional investors and does not constitute investment advice [1] - There are strict confidentiality measures in place, prohibiting any institution or individual from disclosing the content of the meeting [1] Other Important but Possibly Overlooked Content - The call emphasizes the importance of professional discretion and the need for participants to adhere to confidentiality agreements [1]

证券代码：300737 证券简称：科顺股份 公告编号：2024-045 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 根据相关法律法规和《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，科顺转债初始转股价格为 10.26 元/股。 二、科顺转债转股价格向下修正条款 根据《可转债募集说明书》，公司本次发行的可转换公司债券转 股价格向下修正条款如下： （一）修正权限与修正幅度 在本次发行的可转换公司债券存续期间，当公司股票在任意连续 三十个交易日中至少有十五个交易日的收盘价低于当期转股价格的 85%时，公司董事会有权提出转股价格向下修正方案并提交公司股东 大会表决。 上述方案须经出席会议的股东所持表决权的三分之二以上通过 方可实施。股东大会进行表决时，持有本次发行的可转换公司债券的 股东应 ...

证券代码：300737 证券简称：科顺股份 公告编号：2024-047 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 5、经核查，在股票异常波动期间，公司控股股东、实际控制人 未买卖公司股票； 关于公司股票交易异常波动的公告 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、股票交易异常波动的具体情况 科顺防水科技股份有限公司（以下简称"公司"）股票连续 3 个 交易日（2024 年 5 月 15 日、2024 年 5 月 16 日、2024 年 5 月 17 日） 收盘价格涨幅偏离值累计超过 30%，根据《深圳证券交易所交易规则》 的相关规定，属于股票交易异常波动情况。 二、公司关注并核实情况的说明 针对公司股票交易异常波动，公司董事会通过书面方式对控股股 东、实际控制人就相关事项进行了核查，现对有关核实情况说明如下： 1、公司前期披露的信息不存在需要更正、补充之处； 2、公司未发现近期公共传媒报道了与公司相关且市场关注度较 高的信息； 3、近期公司经营情况正常，内外部经营环 ...

证券代码：300737 证券简称：科顺股份 公告编号：2024-046 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"）第三届董事会 第二十九次会议审议通过《关于提请召开公司 2023 年年度股东大会 的议案》，公司定于 2024 年 5 月 21 日下午 14:00 召开公司 2023 年年 度股东大会。公司已于 2024 年 4 月 30 日在巨潮资讯网 （http://www.cninfo.com.cn）披露了《关于召开 2023 年年度股东 大会通知的公告》（公告编号：2024-043）。为保护广大投资者的合法 权益，方便各位股东行使股东大会表决权，现将会议有关事项再次提 示如下： 一、会议召开基本情况 （一）股东大会届次 本次会议为公司 2023 年年度股东大会 （二）召集人 本次股东大会的召集人：公司董事会 （三）会议召开的合法性、合规 ...

Group 1: Company Performance and Market Position - The company's market value has shrunk by 80% over the past two years, leading to management's deep reflection and commitment to improve performance for investors [2] - The company reported a net profit of 52.73 million yuan in Q1 2024, indicating a potential recovery from previous losses [6] - The company has recognized credit impairment losses totaling 7.62 billion yuan and asset impairment losses of 0.61 billion yuan, primarily due to the ongoing downturn in the real estate market [4] Group 2: Investor Relations and Communication - The company aims to enhance investor relations by increasing communication through various channels, including performance briefings and investor receptions [1] - The management acknowledges the need for improved market visibility and is committed to strengthening brand image and operational performance [1] Group 3: Risk Management and Financial Strategy - The company has implemented measures to assess and manage bad debt risks associated with accounts receivable, focusing on improving collection processes and reducing overdue accounts [2] - The company plans to maintain a strict policy of reducing accounts receivable and enhancing cash flow efficiency [4] Group 4: Research and Development Initiatives - The company is actively developing new materials and optimizing existing products to enhance market competitiveness, including exploring upstream raw material technologies [3] - The company emphasizes the integration of technology and innovation in its operations, aiming to develop high-performance, environmentally friendly waterproof materials [6] Group 5: Future Outlook and Strategic Plans - The company is focused on expanding its market share by enhancing distribution channels and targeting state-owned enterprises and high-quality clients [7] - The company plans to accelerate its globalization strategy, particularly in Southeast Asia and regions aligned with the Belt and Road Initiative [6]

Summary of Conference Call Transcript Company and Industry Involved - The discussion revolves around a manufacturing company involved in the production of goods, with a focus on capacity and operational efficiency. Core Points and Arguments - The company is currently operating at a capacity of approximately 120% to 130% under strong order conditions, indicating robust demand for its products [1] - The establishment of satellite factories is aimed at addressing capacity shortfalls in the western region and improving national production layout [1] - The company has successfully set up nearly 10 satellite factories across the country, suggesting a strategic expansion to enhance production capabilities [1] Other Important but Possibly Overlooked Content - The mention of satellite factories highlights the company's proactive approach to scaling operations and meeting market demand, which may present potential investment opportunities [1]

Investment Rating - The investment rating for the company is "Buy" [8][48]. Core Views - The company reported a slight revenue growth of 3.7% year-on-year in 2023, achieving a revenue of 7.94 billion yuan, but faced a net loss attributable to shareholders of 338 million yuan, primarily due to significant credit impairment losses [21][48]. - The company is expected to improve its profitability as it has released some of the impairment risks, and with ongoing cost control measures, profitability is anticipated to recover [48]. Summary by Sections Financial Performance - In 2023, the company achieved a revenue of 7.94 billion yuan, with a year-on-year increase of 3.7%. However, the net profit attributable to shareholders was -338 million yuan, a significant decline from the previous year's profit of 178 million yuan [21][48]. - The first quarter of 2024 saw a revenue of 1.49 billion yuan, down 20.4% year-on-year, with a net profit of 53 million yuan, a decrease of 9.2% [21][48]. Profitability Metrics - The gross margin for the company in 2023 was 21.2%, remaining stable year-on-year, while the operating expense ratio increased slightly to 16.9% [28][31]. - The company reported a net margin of 3.4% in Q1 2024, an improvement of 2.2 percentage points year-on-year [31]. Cash Flow and Balance Sheet - The net cash flow from operating activities for 2023 was 190 million yuan, a decrease of 18.5% year-on-year. In Q1 2024, the company experienced a net cash outflow of 980 million yuan [45][51]. - As of the end of 2023, the total accounts receivable and other receivables amounted to 4.99 billion yuan, a decrease of 580 million yuan year-on-year [45]. Earnings Forecast - The earnings per share (EPS) forecast for 2024-2026 is projected to be 0.26, 0.34, and 0.41 yuan, respectively, with corresponding price-to-earnings (PE) ratios of 17.7, 13.7, and 11.3 times [48].

Investment Rating - The investment rating for the company is "Recommended" [5][10]. Core Views - The company reported a revenue of 7.94 billion yuan in 2023, a year-on-year increase of 3.7%, but incurred a net loss attributable to shareholders of 0.34 billion yuan, compared to a profit of 0.18 billion yuan in the previous year [4][10]. - In Q1 2024, the company achieved a revenue of 1.49 billion yuan, a year-on-year decrease of 20.4%, with a net profit of 0.05 billion yuan, down 9.2% year-on-year [4][10]. - The company has fully recognized impairment losses, which is expected to alleviate market concerns regarding accounts receivable [4][10]. Financial Summary - The company’s total market capitalization is 5.4 billion yuan, with a circulating A-share market value of 4.1 billion yuan [3]. - The company’s total share capital is 1,177 million shares, with a net asset per share of 4.34 yuan [3]. - The asset-liability ratio stands at 61.6% [3]. Revenue and Profit Forecast - The forecast for net profit attributable to shareholders for 2024 and 2025 is 0.22 billion yuan and 0.35 billion yuan, respectively, with a new forecast for 2026 at 0.42 billion yuan [10]. - The current market capitalization corresponds to a price-to-earnings ratio (P/E) of 24 times for 2024, 16 times for 2025, and 13 times for 2026 [10]. Product and Channel Performance - The revenue breakdown for 2023 shows that waterproof membranes accounted for 53%, waterproof coatings for 24%, waterproof engineering construction for 19%, and seismic isolation products for 4% [7]. - The company plans to continue expanding its dealer network, which currently accounts for over 50% of revenue, to penetrate untapped markets and enhance sales strategies [7]. Cash Flow and Operational Efficiency - The operating cash flow ratio improved by 4.9 percentage points to 104% in 2023, while the cash payment ratio increased by 8.5 percentage points to 109% [7]. - The net cash flow from operating activities for Q1 2024 was -0.98 billion yuan, a decline of 0.32 billion yuan year-on-year [7].