[Table_Title] 内卷当前聚焦高质量，出海潮头开拓新空间 4 月 18 日，卡倍亿发布 2023 年度报告，2023 年全年公司实现营收 34.52 亿元，同比+17.08%；实现净利润 1.66 亿元，同比+18.49%；扣非后归母 净利润 1.58 亿元，同比+11.41%。 2023 年公司线缆整体销售量 625.82 万公里，同比+20.24%；其中新能源线 21.79 万公里，同比-6.23%。对应 2023 年新能源线平均单价 1525.11 元/公 里，较 2022 年提升约 105 元/公里。公司在新能源车快速增长但相对内卷 的行业背景下主动选择质高于量的发展策略，稳步推进业务提升。同时毛利 率、净利率、资产周转率分别达到 12.40%\4.81%\1.33x，分别较 2022 年 提升 0.38pct、0.06pct 和 0.03x。资产负债率 57.03%，较 2022 年下行 9.95 pct，高质量发展特征显现。 2024 年 1 月 12 日公司召开第三届董事会第十八次会议，决议以投资不超 过 2500 万美元在墨西哥投资设立墨西哥卡倍亿工业有限公司、墨西哥卡倍 亿电气有限 ...

Subsidiary Performance - The subsidiary Shanghai Kabeyi New Energy Technology Co., Ltd. achieved a total revenue of 589,682,345.91 yuan and a net profit of 8,415,060.23 yuan[6] - The subsidiary Benxi Kabeyi Electrical Technology Co., Ltd. achieved a total revenue of 1,407,346,870.04 yuan and a net profit of 47,425,096.74 yuan[10] - The subsidiary Ningbo Kabeyi New Material Technology Co., Ltd. achieved a total revenue of 161,728,002.98 yuan and a net profit of 27,470,230.83 yuan[10] - The subsidiary Kabeyi Electrical (Hong Kong) Co., Ltd. achieved a total revenue of 143,784,249.25 yuan and a net profit of 6,572,606.43 yuan[10] - The subsidiary Chengdu Kabeyi Automotive Electrical Co., Ltd. achieved a total revenue of 325,010,095.76 yuan and a net profit of 5,335,279.02 yuan[10] Financial Performance - Revenue for 2023 reached 3.45 billion yuan, a 17.08% increase compared to 2022[103] - Net profit attributable to shareholders in 2023 was 165.94 million yuan, up 18.49% year-on-year[103] - Operating cash flow surged by 384.53% to 51.21 million yuan in 2023[103] - Total assets grew by 18.07% to 2.82 billion yuan at the end of 2023[103] - Shareholders' equity increased by 53.65% to 1.21 billion yuan by the end of 2023[103] - Basic earnings per share rose by 12.43% to 1.90 yuan in 2023[103] - Weighted average ROE decreased by 3.77 percentage points to 15.60% in 2023[103] - Revenue for the reporting period reached 3,451.93 million yuan, a year-on-year increase of 17.08%[146] - Net profit attributable to shareholders of the listed company was 165.94 million yuan, a year-on-year increase of 18.49%[146] - Total assets at the end of the reporting period were 2,816.36 million yuan, a year-on-year increase of 18.07%[146] - Total revenue for 2023 reached 3,451,930,657.35 yuan, a year-on-year increase of 17.08%[180] - Revenue from the automotive parts industry accounted for 95.74% of total revenue, reaching 3,304,971,680.76 yuan, a 16.32% increase compared to 2022[180] - Domestic sales accounted for 91.08% of total revenue, reaching 3,143,942,666.62 yuan, a 19.45% increase year-on-year[180] - Sales of ordinary cables increased by 18.30% to 2,963,218,129.98 yuan, accounting for 85.84% of total revenue[180] - Sales of new energy cables grew slightly by 0.71% to 332,382,790.67 yuan, accounting for 9.63% of total revenue[180] Production and Sales - The company's production volume for automotive cables in the reporting period was 6,131,654.08 kilometers, a 17.25% increase compared to the same period last year[38] - Sales volume for automotive cables in the reporting period was 6,258,214.15 kilometers, a 20.24% increase compared to the same period last year[38] - Production volume for new energy vehicle cables in the reporting period was 226,189.22 kilometers, a 6.91% decrease compared to the same period last year[38] - Sales volume for new energy vehicle cables in the reporting period was 217,940.08 kilometers, a 6.23% decrease compared to the same period last year[38] - The company's new energy vehicle cable production capacity is 513,474.67 kilometers, with a production volume of 226,189.22 kilometers and sales volume of 217,940.08 kilometers, generating sales revenue of 332,382,790.67 yuan[92] - Inventory volume decreased by 33.12% to 255,590.22 kilometers due to improved inventory management and increased sales[183] Strategic Focus and R&D - The company plans to focus on the automotive cable industry, with a particular emphasis on new energy vehicles and smart connected vehicles[12] - The company will increase R&D investment in 2024, focusing on developing new products such as data cables, aluminum cables, and new energy high-voltage cables[15] - The company will expand its market share by targeting new customers in the new energy vehicle and smart connected vehicle sectors, and will enhance production capacity at domestic bases while advancing the construction of a production base in Mexico[16] - The company increased R&D investment to enhance competitiveness in the automotive cable market, focusing on new energy and smart connected vehicle cables[177] - The company is developing 14 R&D projects, including cost reduction for charging cables and low-cost fast-charging solutions, with some projects already completed[196] Market and Customer Relations - The company's sales model is direct sales, primarily supplying to tier-1 suppliers of automotive harness manufacturers[31] - The company has become a qualified supplier for multiple major automakers including Volkswagen, General Motors, Ford, BMW, Daimler-Benz, Honda, Toyota, Nissan, Fiat-Chrysler, Volvo, Land Rover, SAIC Group, GAC Group, and Geely Holding[31] - The company has entered the supply chain of major automotive manufacturers including Tesla, BYD, and Geely in the new energy vehicle sector[92] - Top 5 customers accounted for 64.41% of total annual sales, with a combined sales amount of RMB 2,223,486,159.27[186] Financial Structure and Risk Management - The company will optimize its financial structure, improve asset scale, and reduce financial risks by leveraging capital market financing and bank credit resources[19] - The company's asset-liability ratio, interest coverage ratio, loan repayment rate, and interest payment rate are detailed in the bond-related section of the report[84] - The company's credit rating by China Chengxin Credit Rating Group is A+ with a stable outlook[84] - The company faces risks related to product technological innovation, particularly in meeting the increasing performance requirements for automotive cables in the context of new energy and smart connected vehicles[51] - The company's main raw material, copper, accounts for approximately 85% of the main business cost, and its price fluctuations directly impact product pricing and cost, affecting the company's product gross margin level[58] - The company's top five customers account for a high proportion of sales, leading to low bargaining power with customers and potential negative impacts on performance if major customers are lost[61] - The company faces a risk of declining gross margins due to fluctuations in copper prices, which directly impact product prices and costs, while processing fees remain relatively fixed[128] - The company's inventory balance is expected to increase with business expansion, posing potential inventory devaluation risks[102] Corporate Governance and Remuneration - The company's board consists of 7 directors, including 3 independent directors, ensuring compliance with legal and regulatory requirements[138] - The company maintains independence in business, personnel, assets, and finance, with no reliance on controlling shareholders or related parties[142] - The company has a complete business system, including production facilities, land, equipment, and intellectual property rights, ensuring independent operations[142] - The company's governance structure complies with regulatory requirements, with no significant differences from legal and regulatory standards[141] - The company's Chairman and General Manager, Lin Guangyao, received a pre-tax remuneration of 1.1611 million yuan in 2023[165] - The company's Vice President, Lin Qiang, received a pre-tax remuneration of 1.0293 million yuan in 2023[165] - The company's Vice President and Board Secretary, Qin Ci, received a pre-tax remuneration of 587,500 yuan in 2023[165] - The company's total pre-tax remuneration for directors, supervisors, and senior management in 2023 was 4.8613 million yuan[165] - The company's independent directors each received a remuneration of 50,000 yuan in 2023[165] - The company's Board of Directors held four meetings in 2023, with resolutions published on the official website[160] - The company's directors, supervisors, and senior management received full payment of their remuneration during the reporting period[159] - The company's remuneration for directors, supervisors, and senior management is determined based on their management positions, actual performance, and company operating results[159] - The company's independent directors' remuneration standards are referenced to the overall level of listed companies in the same industry in the region[159] - The company's remuneration for directors, supervisors, and senior management is determined and distributed according to the company's "Board of Directors Remuneration and Assessment Committee Rules"[164] Fundraising and Capital Management - The unused raised funds amount to 33,112,869.66 yuan, including interest income from the raised funds account[2] - The company issued convertible bonds (code: 123238) with a total issuance amount of RMB 529 million, and the initial conversion price was set at RMB 49.01 per share[78] - The company adjusted the conversion price of the convertible bonds to RMB 41.43 per share, effective from March 28, 2024, due to a trigger of the downward revision condition[82] - The company pre-invested RMB 139.9862 million in self-raised funds for the fundraising projects and RMB 3.7024 million for issuance expenses, totaling RMB 143.6885 million[73] Operational Efficiency and Management - The company has established five major automotive cable production bases in Ninghai, Benxi, Chengdu, Shanghai, and Huizhou[28] - The company's production management efficiency and cost control measures have established a strong foundation for long-term development[96] - The company optimized internal management processes and implemented the Amoeba business model to improve operational efficiency[176] - The company strengthened talent development, particularly for middle and senior management, to improve organizational structure and team quality[180] - The company has implemented ERP and OA systems for comprehensive management of production and operations[96] Industry Trends and Market Position - The company's core automotive components are transitioning to deeper localization, breaking the dominance of international manufacturers[109] - The automotive cable industry is entering a stable growth phase, driven by rising consumer income and urbanization[110] - The company's brand influence has steadily increased among upstream and downstream customers and financial institutions since its listing on the Shenzhen Stock Exchange in August 2020, enhancing its financing capabilities and strategic competitiveness[125] Investor Relations and Shareholder Engagement - The company's 2022 annual general meeting had a 67.42% investor participation rate, while the 2023 temporary meetings ranged from 62.34% to 67.00% participation[89] - In 2023, the company conducted multiple investor relations activities, including on-site research and online exchanges, discussing topics such as the impact of copper price fluctuations, sales to BYD, and the progress of the convertible bond issuance project[129][133] Cost Structure and Expenses - Raw materials accounted for 93.11% of the operating costs in the automotive parts industry, with a year-on-year increase of 14.36%[190] - Direct labor costs in the automotive parts industry increased by 41.42% year-on-year, accounting for 1.92% of operating costs[190] - Manufacturing expenses in the automotive parts industry increased by 65.00% year-on-year, accounting for 4.97% of operating costs[190] - Sales expenses increased by 106.70% year-on-year to RMB 25,061,024.24 due to expanded sales scale[194] - R&D expenses increased by 28.44% year-on-year to RMB 90,284,911.14, accounting for 2.62% of total revenue[194][196] - The number of R&D personnel increased by 13.33% to 85, with R&D personnel accounting for 8.32% of total employees[196] Cash Flow and Financial Health - Net cash flow from operating activities increased to RMB 51,206,840.59, while net profit was RMB 165,944,626.58, with the difference mainly due to increased accounts receivable[198] Intellectual Property and Innovation - The company holds 37 utility model patents and 7 invention patents as of the reporting period[93] Project Development and Expansion - The "New Energy Vehicle Cable Production Line Project" in Benxi Kabei entered the production phase, and the "Hubei Kabei Production Base Project" entered trial production[148] - The company's "Ninghai Automotive Cable Expansion Project" and the "Automotive Cable Insulation Material Expansion Project" by Kabei New Materials are in the construction phase[148] Accounting and Compliance - No significant differences were found between financial reports prepared under international and Chinese accounting standards[106] Stock Incentive and Talent Retention - The company successfully implemented a stock incentive plan to attract and retain talent, completing the grant of the second category of restricted stock[147]

民生证券股份有限公司 关于宁波卡倍亿电气技术股份有限公司 向不特定对象发行可转换公司债券 之 上市保荐书 保荐机构（主承销商） （中国（上海）自由贸易试验区浦明路 8 号） 二零二四年一月 宁波卡倍亿电气技术股份有限公司 上市保荐书 声 明 民生证券股份有限公司（以下简称"保荐机构"、"本保荐机构"）作为宁 波卡倍亿电气技术股份有限公司（以下简称"卡倍亿"、"发行人"或"公司"） 宁波卡倍亿电气技术股份有限公司向不特定对象发行可转换公司债券（以下简称 "本次发行"）的保荐机构，本保荐机构及其指派的保荐代表人已根据《中华人 民共和国公司法》（以下简称"《公司法》"）、《中华人民共和国证券法》（以 下简称"《证券法》"）、《上市公司证券发行注册管理办法》《证券发行上市 保荐业务管理办法》等法律法规和中国证券监督管理委员会（以下简称"中国证 监会"）及深圳证券交易所有关规定，诚实守信，勤勉尽责，严格按照依法制定 的业务规则和行业自律规范出具上市保荐书，并保证所出具文件真实、准确、完 整。 本上市保荐书中如无特别说明，相关用语具有与《宁波卡倍亿电气技术股份 有限公司向不特定对象发行可转换公司债券募集说明书》中相同的含 ...

民生证券股份有限公司 关于宁波卡倍亿电气技术股份有限公司 向不特定对象发行可转换公司债券 之 发行保荐书 保荐机构（主承销商） （中国（上海）自由贸易试验区浦明路 8 号） 二零二四年一月 宁波卡倍亿电气技术股份有限公司 发行保荐书 声 明 本保荐机构及保荐代表人根据《中华人民共和国公司法》（以下简称"《公 司法》"）、《中华人民共和国证券法》（以下简称"《证券法》"）、《证券 发行上市保荐业务管理办法》（以下简称"《保荐管理办法》"）、《上市公司 证券发行注册管理办法》（以下简称"《注册管理办法》"）等有关法律、行政 法规和中国证券监督管理委员会（以下简称"中国证监会"）、深圳证券交易所 （以下简称"深交所"）的规定，诚实守信，勤勉尽职，严格按照依法制定的业 务规则、行业执业规范和道德准则出具本证券发行保荐书，并保证所出具文件的 真实性、准确性和完整性。 3-1-1 宁波卡倍亿电气技术股份有限公司 发行保荐书 目 录 | 声 明 | | --- | | 日 永… | | 第一节 本次证券发行基本情况 …………………………………………………………………………………3 | | 一、保荐机构、保荐代表人、项目组成 ...

Group 1: Investor Relations Activities - The investor relations activity was conducted on November 1, 2023, with specific focus on targeted research [1] - Participants included representatives from Huatai Securities, Dongfang Fund, and other asset management firms [1] - The meeting was held in the company conference room, attended by the board secretary and securities affairs representative [1] Group 2: Key Financial Insights - Copper materials account for approximately 85% of the company's product costs, with minimal impact from copper price fluctuations on overall performance [1] - The company has seen a continuous increase in the quantity of automotive cable products sold to BYD, particularly high-voltage and special cables [3] Group 3: Competitive Positioning - The company possesses advantages in technology, brand, scale, and capital market, leading to a strong competitive position in the industry [3] - High-voltage cables generally have higher gross margins compared to ordinary cables due to their complex performance requirements [3] Group 4: Production and Capacity - The company has multiple production bases across various regions, with high capacity utilization rates [3] - The Benxi Phase II factory has completed acceptance and is in the ramp-up production stage, while the Macheng factory is under construction [3] Group 5: Export and Overseas Expansion - The company's export business is primarily focused on Southeast Asia, with the Philippines being a significant market [3] - The company is considering overseas factory establishment as the automotive industry evolves, with plans to choose optimal timing and location [3] Group 6: Stock Incentive Plans - The company has implemented two stock incentive plans, which have resulted in relatively low management costs as a percentage of sales revenue and net profit [4]

宁波卡倍亿电气技术股份有限公司 2023 年第三季度报告 证券代码：300863 证券简称：卡倍亿 公告编号：2023-107 重要内容提示： 1.董事会、监事会及董事、监事、高级管理人员保证季度报告的真实、准确、完整，不存在虚假记载、误导性陈述或重 大遗漏，并承担个别和连带的法律责任。 2.公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)声明：保证季度报告中财务信息的真实、准确、 完整。 3.第三季度报告是否经过审计 □是 ☑否 1 宁波卡倍亿电气技术股份有限公司 2023 年第三季度报告 一、主要财务数据 (一) 主要会计数据和财务指标 宁波卡倍亿电气技术股份有限公司 2023 年第三季度报告 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。 公司是否需追溯调整或重述以前年度会计数据 口是 ☑否 | | 本报告期 | 本报告期比上年同 | 年初至报告期末 | 年初至报告期末比上 | | --- | --- | --- | --- | --- | | | | 期增减 | | 年同期增減 | | 营业收入(元) | 926,805,124.32 | ...

证券代码： 300863 证券简称：卡倍亿 宁波卡倍亿电气技术股份有限公司 投资者关系活动记录表 √ 特定对象调研 □ 分析师会议 □ 媒体采访 □ 业绩说明会 投资者关系活动 □ 新闻发布会 □ 路演活动 类别 □ 现场参观 □ 其他 （请文字说明其他活动内容） 1、招商证券 杨献宇、梁镫月、刘巍 2、汇添富基金 卞正 3、广发基金 徐明德 参与单位名称及 人员姓名 4、平安资管 樊建岐 5、太平资产 刘亚纬 6、华泰保险 普绍增 时间 2023年10 月10日 (周二) 14:00~15:30 地点 公司会议室 上市公司接待人 1、董事会秘书 秦慈 员姓名 2、证券事务代表 肖舒月 1、汽车整车销量增幅不大，对公司经营业绩是否有影响？ ...

宁波卡倍亿电气技术股份有限公司 2023 年半年度报告全文 宁波卡倍亿电气技术股份有限公司 2023 年半年度报告 NB·KBE 【2023 年８月】 1 宁波卡倍亿电气技术股份有限公司 2023 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。 公司负责人林光耀、主管会计工作负责人王凤及会计机构负责人(会计主 管人员)周春河声明：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。 本报告中涉及的未来发展规划等前瞻性陈述不构成公司对投资者的实质承 诺，敬请广大投资者理性投资，注意风险。 公司在本半年度报告中详细阐述了未来可能发生的有关风险因素及对策， 详见本报告"第三节管理层讨论与分析"之"十、公司面临的风险和应对措 施"，敬请广大投资者予以关注。 公司计划不派发现金红利，不送红股，不以公积金转增股本。 2 宁波卡倍亿电气技术股份有限公司 2023 年半年度报告全文 目 录 | 第一节 重要提示、目录和释义 | 2 ...

宁波卡倍亿电气技术股份有限公司 2023 年第一季度报告 1.董事会、监事会及董事、监事、高级管理人员保证季度报告的真实、准确、完整，不存在虚假记载、误导性陈述或重 大遗漏，并承担个别和连带的法律责任。 2.公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)声明：保证季度报告中财务信息的真实、准确、 完整。 3.第一季度报告是否经过审计 □是 否 1 宁波卡倍亿电气技术股份有限公司 2023 年第一季度报告 证券代码：300863 证券简称：卡倍亿 公告编号：2023-069 宁波卡倍亿电气技术股份有限公司 2023 年第一季度报告 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。 重要内容提示： 一、主要财务数据 (一) 主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 口是 ☑否 | | 本报告期 | 上年同期 | 本报告期比上年同期增减 | | | --- | --- | --- | --- | --- | | | | | (%) | | | 营业收入(元) | 739, 013, 421. 44 | 614. 360. 437. ...

宁波卡倍亿电气技术股份有限公司 2022 年年度报告全文 宁波卡倍亿电气技术股份有限公司 2022 年年度报告 【2023 年 4 月 】 l 宁波卡倍亿电气技术股份有限公司 2022 年年度报告全文 2022 年年度报告 第一节 重要提示、目录和释义 2 宁波卡倍亿电气技术股份有限公司 2022 年年度报告全文 | | | | 第一节 重要提示、目录和释义 . | 2 | | --- | --- | | 第二节 公司简介和主要财务指标 | .. | | 第三节 管理层讨论与分析 . | .. | | 第四节 公司治理 . | 39 | | 第五节 环境和社会责任 | 57 | | 第六节 重要事项 . | .. | | 第七节 股份变动及股东情况 | .. | | 第八节 优先股相关情况 | 71 | | 第九节 债券相关情况 . | .. | | 第十节 财务报告 | 75 | 3 宁波卡倍亿电气技术股份有限公司 公司董事会、监事会及董事、监事、高级管理人员保证年度报告内容的 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。 公司负责人林光耀、主管会计工作负责人王凤 ...