Investment Rating - The investment rating for Jiangsu Boyun is "Buy" [4] Core Views - The company's Q3 performance met expectations, with a focus on demand recovery and the implementation of fundraising projects [4] - Sales recovery is expected to drive further growth in 2024, with a revenue target of 700 million yuan, representing a 38% increase from 2023 [10] - The customer structure has improved, with a decrease in revenue concentration among the top five customers, leading to a more diversified income base [10] - The company is advancing its fundraising projects, with plans to complete four production lines in 2024, adding 30,000 tons of new capacity [10] - The company's R&D investment reached 25.47 million yuan in 2023, accounting for 5.03% of revenue, enhancing its competitive edge in high-end markets [10] Financial Summary - Total revenue for 2023 is projected at 506.23 million yuan, a slight decline of 1.97% year-on-year, with a net profit of 115.40 million yuan, reflecting a growth of 1.69% [1] - The earnings per share (EPS) for 2023 is estimated at 1.17 yuan, with a price-to-earnings (P/E) ratio of 17.22 [1] - The company anticipates a significant increase in revenue and net profit in the coming years, with projections of 715.12 million yuan in revenue and 151.65 million yuan in net profit for 2024 [1][10] - The gross profit margin for 2023 is reported at 33.8%, with a net profit margin of 22.8%, indicating a positive trend in profitability [10]

Financial Performance - The company's operating revenue for 2023 was ¥506,230,805.01, a decrease of 1.97% compared to ¥516,428,374.89 in 2022[20]. - Net profit attributable to shareholders for 2023 was ¥115,398,154.14, an increase of 1.69% from ¥113,475,270.69 in 2022[20]. - The cash flow from operating activities decreased by 28.86% to ¥123,509,815.59 in 2023 from ¥173,609,269.55 in 2022[20]. - Total assets at the end of 2023 were ¥1,232,933,101.29, reflecting a growth of 7.28% from ¥1,149,224,868.22 at the end of 2022[20]. - The basic earnings per share for 2023 was ¥1.17, up 1.74% from ¥1.15 in 2022[20]. - The company reported a total of ¥14,900,263.45 in non-recurring gains for 2023, compared to ¥12,268,047.61 in 2022[26]. - The weighted average return on equity for 2023 was 10.09%, down from 10.49% in 2022[20]. - The company achieved quarterly revenues of ¥142,110,343.51 in Q4 2023, marking a significant contribution to the annual total[22]. - The net profit attributable to shareholders in Q4 2023 was ¥31,826,019.81, indicating a strong performance in the last quarter[22]. - In 2023, the company achieved total revenue of CNY 506.23 million, a decrease of 1.97% year-on-year[61]. - The total profit amounted to CNY 134 million, reflecting a year-on-year increase of 2.47%[61]. - The net profit attributable to ordinary shareholders was CNY 115 million, up 1.69% compared to the previous year[61]. Dividend Policy - The company plans to distribute a cash dividend of 6 yuan (including tax) for every 10 shares based on a total of 99,053,333 shares[3]. - The company has not proposed any stock bonus or capital increase for shareholders in the current profit distribution plan[3]. - The net profit attributable to shareholders for the year 2023 is RMB 115,398,154.14, with total distributable profits amounting to RMB 339,452,769.66[164]. - The cash dividend policy has not been adjusted or changed during the reporting period, ensuring compliance with company regulations[163]. Risk Management - The report emphasizes the importance of risk awareness regarding forward-looking statements and the potential risks in the company's future operations[3]. - The company has detailed its future development outlook and risk management strategies in the management discussion section[3]. - The company has implemented a risk assessment system to identify and manage internal and external risks effectively[173]. - The company recognizes the risk of macroeconomic fluctuations affecting demand in key sectors such as electric tools, automotive parts, and home appliances[109]. - The company faces raw material price volatility risks, particularly from petroleum-derived products, which significantly impact production costs[110]. Research and Development - The company focuses on high-performance modified nylon, polyester, and engineering polyolefins, which are widely used in electric tools, automotive parts, and household appliances[36]. - The company has continuously invested in R&D to meet the growing demands of downstream customers, resulting in an expanding product range and production scale[36]. - R&D expenses were CNY 25.47 million, showing a slight increase, with a focus on enhancing technical advantages and optimizing product structure[62]. - The company has a total of 29 effective patents, including 27 inventions and 2 utility models, with 21 patents currently under review[62]. - The company aims to strengthen its R&D capabilities to better serve world-class industrial clients and enhance its competitive edge[103]. - The company plans to enhance its research and development capabilities to maintain its technological edge in the high-end modified plastics market[112]. Market and Industry Outlook - The modified plastics industry in China has seen an increase in the modification rate from 16.3% in 2011 to 23.7% in 2021, indicating significant growth potential compared to the global rate of nearly 50%[30]. - The high-end modified materials market is dominated by foreign multinational corporations, creating a significant demand for domestic import substitution[32]. - The modified plastics industry is experiencing rapid growth due to technological advancements and increasing consumer demand for high-performance materials[31]. - The global modified plastics market grew from $295.5 billion in 2015 to $409.7 billion in 2022, with a CAGR of 4.8%[101]. - The company aims to achieve a sales revenue target of 700 million yuan in 2024[104]. Governance and Compliance - The financial report has been confirmed as true, accurate, and complete by the company's management team[3]. - All board members attended the meeting to review the annual report, ensuring comprehensive oversight[3]. - The company has established a strong governance structure, complying with relevant laws and regulations to ensure effective management and control[119]. - The board of directors consists of 7 members, including 3 independent directors, ensuring compliance with regulatory requirements and effective oversight[120]. - The company emphasizes transparency in information disclosure, ensuring timely and fair access to information for all shareholders[124]. - The company has established a supervisory board consisting of 3 supervisors, including 2 employee representatives, ensuring compliance with legal requirements[122]. Environmental and Social Responsibility - The report includes a section on environmental and social responsibility, highlighting the company's commitment to sustainable practices[6]. - The company actively fulfills its social responsibilities, focusing on safety, environmental protection, and employee welfare[172]. - The company has implemented measures to reduce carbon emissions, including increasing the use of clean energy and improving energy efficiency[191]. - The company has significantly increased the proportion of renewable energy in its total energy consumption by enhancing solar power generation[197]. - The company made a targeted donation of 30,000 yuan to the "Zhangjiagang Jin Feng Charity Association" for the "Green Sandbar Carbon Road Future Project" in Xinghuo Village[199]. - In 2023, the company achieved zero accidents in safety, environmental protection, health, and work-related injuries, receiving awards from Zhangjiagang City and Jin Feng Town[199]. Supply Chain and Procurement - The company maintains a strict supplier management system, evaluating suppliers annually based on product quality and delivery accuracy, with a performance score of 80 and above classified as first-tier suppliers[41]. - The company has established a long-term stable cooperation with suppliers, ensuring a reliable supply chain for production[41]. - The company’s procurement strategy includes advance stocking to mitigate risks associated with raw material supply shortages or price volatility[40]. - The company has a complete and independent procurement, production, and sales system, allowing for direct market operations[133]. Employee Management - The total number of employees at the end of the reporting period was 201, with 189 in the parent company and 12 in major subsidiaries[159]. - The company adheres to a competitive salary policy, providing various insurances and benefits to employees, including annual health check-ups and paid leave[160]. - The company emphasizes employee training and development, offering both internal and external training programs to enhance skills and capabilities[161]. - The educational background of employees showed 3 with doctoral degrees, 17 with master's degrees, 51 with bachelor's degrees, 36 with associate degrees, 61 with high school diplomas, and 33 with junior high school or below[159]. Internal Control and Audit - The company has established a comprehensive internal control system covering all major units and high-risk areas, ensuring effective governance and risk management[166]. - The internal audit department is responsible for supervising the implementation of internal control systems and financial conditions[171]. - The company has maintained effective internal controls over financial reporting, with no significant deficiencies reported in the 2023 audit[188]. - The company has achieved 100% coverage of its subsidiaries in internal control evaluations, ensuring comprehensive oversight[187].

江苏博云塑业股份有限公司 章 程 二零二四年三月 1 | 第一章 总 | 则 3 | | --- | --- | | 第二章 | 经营宗旨和范围 4 | | 第三章 股 | 份 4 | | 第一节 | 股份发行 5 | | 第二节 | 股份增减和回购 6 | | 第三节 | 股份转让 7 | | 第四章 | 股东和股东大会 8 | | 第一节 | 股东 8 | | 第二节 | 股东大会的一般规定 11 | | 第三节 | 股东大会的召集 14 | | 第四节 | 股东大会的提案与通知 16 | | 第五节 | 股东大会的召开 18 | | 第六节 | 股东大会的表决和决议 21 | | 第五章 | 董事会 27 | | 第一节 董 | 事 27 | | 第二节 | 董事会 31 | | 第六章 | 总经理及其他高级管理人员 39 | | 第七章 | 监事会 41 | | 第一节 监 | 事 41 | | 第二节 | 监事会 42 | | 第八章 | 财务会计制度、利润分配和审计 44 | | 第一节 | 财务会计制度 44 | | 第二节 | 内部审计 48 | | 第三节 | 会计师事务所的聘任 48 | ...

江苏博云塑业股份有限公司 2023 年度监事会工作报告 2023 年，江苏博云塑业股份有限公司（以下简称"公司"）监事会严格按 照《公司法》等法律、法规以及《公司章程》、《监事会议事规则》等相关规定， 依法履行职责。监事会注重对公司经营运作的规范性、董事会和高级管理人员履 行职责的合法性、合规性进行监督，督促公司进一步完善法人治理结构、提升公 司治理水平，切实维护公司和股东的合法权益。现将 2023 年监事会履行职责情 况报告如下： 一、2023 年度公司监事会工作情况 （一）监事会召开情况 2023 年度，公司监事会共召开 7 次监事会议，会议的召开、表决和决议程 序严格按照《公司法》、《公司章程》及相关法律法规的规定规范运作，会议合法、 有效。具体情况如下： | 序号 | 会议届次 | | 召开日期 | | | | 审议事项 | | --- | --- | --- | --- | --- | --- | --- | --- | | 1 | 第二届监事会 第八次会议 | 2023 | 年 3 | 月 | 7 | 日 | 1、关于使用闲置自有资金进行现金管理的议案。 | | | | | | | | | 1、关 ...

江苏博云塑业股份有限公司 天衡专字(2024)00125 号 天衡会计师事务所（特殊普通合伙） 关于江苏博云塑业股份有限公司 2023 年度非经营性资金占用及其他关联 资金往来的专项说明 专 项 说 明 天衡专字(2024)00125 号 江苏博云塑业股份有限公司全体股东： 我们接受委托，审计了江苏博云塑业股份有限公司（以下简称江苏博云）财务报表，包 括 2023 年 12 月 31 日的合并及母公司资产负债表，2023 年度的合并及母公司利润表、合并 及母公司现金流量表、合并及母公司所有者权益变动表以及相关财务报表附注，并出具了天 衡审字(2024)00168 号审计报告。 根据中国证券监督管理委员会《上市公司监管指引第 8号——上市公司资金往来、对外 担保的监管要求》和《深圳证券交易所上市公司自律监管指南第 1 号——业务办理》的有关 要求，江苏博云编制了后附的 2023 年度非经营性资金占用及其他关联资金往来情况汇总表 （以下简称汇总表）。如实编制和对外披露上述汇总表，并确保其真实性、合法性及完整性 是江苏博云的责任，我们的责任是对上述汇总表进行审核，并出具专项说明。 我们将上述汇总表与江苏博云的有关会 ...

江苏博云塑业股份有限公司 独立董事2023年度述职报告 本人于北方作为江苏博云塑业股份有限公司（以下简称"公司"）第二届董事会的独立 董事，2023年度严格按照《中华人民共和国公司法》、《中华人民共和国证券法》、《上市 公司独立董事规则》、《深圳证券交易所创业板股票上市规则》和《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、法规和规范性文件以及《公 司章程》、《公司独立董事工作制度》等规定和要求，忠实履行独立董事的职责，谨慎、认 真、勤勉地行使所赋予的权利，积极出席公司相关会议，认真审议董事会各项议案，参与公 司经营发展的讨论，对公司相关事项发表了公正、客观的独立意见，充分发挥独立董事的独 立作用，切实维护了公司的规范化运作及股东的整体利益。现将2023年度工作情况报告如 下： 一、报告期内出席董事会和股东大会情况 2023年度，公司第二届董事会共召开了7次会议，本人出席董事会会议情况如下： | 姓名 | 职务 | 应出席次数 | 亲自出席次 | 委托出席次 | 缺席次数 | 是否连续两次未 | | --- | --- | --- | --- | --- | --- | --- ...

证券代码:301003 证券简称:江苏博云 公告编号:2024-014 江苏博云塑业股份有限公司 关于公司董事、监事、高级管理人员 2023 年度薪酬的确认 及 2024 年度薪酬方案的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 江苏博云塑业股份有限公司（以下简称"公司"）于 2024 年 3 月 1 日召开 了第二届董事会第十六次会议，第二届监事会第十六次会议分别审议通过了《关 于公司董事、高级管理人员 2023 年度薪酬的确认及 2024 年度薪酬方案的议案》 及《关于公司监事 2023 年度薪酬的确认及 2024 年度薪酬方案的议案》，全体董 事和监事回避表决，并同意提交公司股东大会审议。现将相关情况公告如下： 一、公司董事、监事、高级管理人员 2023 年度薪酬情况 2023 年度，在公司任职的非独立董事、监事、高级管理人员根据其在公司 或子公司担任的具体管理职务，按公司相关薪酬规定领取薪金。独立董事的薪酬 以津贴形式按月发放。 | 序号 | 姓名 | | 职务 | 薪酬（万元） | | --- | --- | --- | --- | --- ...

江苏博云塑业股份有限公司 2023 年度财务报表审计报告 江苏博云塑业股份有限公司全体股东： 一、审计意见 我们审计了江苏博云塑业股份有限公司（以下简称江苏博云）财务报表，包括2023年12 月31日的合并及母公司资产负债表，2023年度的合并及母公司利润表、合并及母公司现金流 量表、合并及母公司所有者权益变动表以及相关财务报表附注。 我们认为，后附的财务报表在所有重大方面按照企业会计准则的规定编制，公允反映了 江苏博云2023年12月31日的合并及母公司财务状况，2023年度的合并及母公司经营成果和现 金流量。 二、形成审计意见的基础 我们按照中国注册会计师审计准则的规定执行了审计工作。审计报告的"注册会计师对 财务报表审计的责任"部分进一步阐述了我们在这些准则下的责任。按照中国注册会计师职 业道德守则，我们独立于江苏博云，并履行了职业道德方面的其他责任。我们相信，我们获 取的审计证据是充分、适当的，为发表审计意见提供了基础。 天衡审字(2024)00168 号 天衡会计师事务所（特殊普通合伙） 审 计 报 告 天衡审字(2024)00168 号 2. 审计中的应对 针对收入的确认事项，我们实施的主要审计程 ...

证券代码:301003 证券简称:江苏博云 公告编号:2024-011 江苏博云塑业股份有限公司（以下简称"公司"）第二届监事会第十六次会 议通知于 2024 年 2 月 20 日以通讯、电子邮件发出，会议于 2024 年 3 月 1 日在公司会议室以现场会议的方式召开。会议由监事会主席钱铮女士主持，应 出席会议监事 3 名,实际出席会议监事 3 名。本次会议的召集、召开和表决程 序符合《公司法》和《公司章程》的有关规定。 二、监事会会议审议情况 会议审议通过如下决议： 1、审议通过《关于 2023 年度监事会工作报告的议案》 江苏博云塑业股份有限公司 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 2 号——创业板上市公司规范运作》及《公司章程》等有关规定， 公司 2023 年度监事会工作报告已编制完成。 第二届监事会第十六次会议决议公告 表决结果：同意 3 票，反对 0 票，弃权 0 票。 本公司及监事会全体成员保证信息披露内容的真实、准确和完整，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 具体内容详见公司 2024 年 3 月 5 日披露于巨潮资讯网 ...

申港证券股份有限公司 关于江苏博云塑业股份有限公司 使用闲置募集资金进行现金管理的核查意见 申港证券股份有限公司（以下简称"申港证券"或"保荐机构"）作为江苏 博云塑业股份有限公司（以下简称"江苏博云"或"公司"）首次公开发行股票 并在创业板上市的保荐机构，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》等有关规定，对江苏博云使用闲置募集资金进行现 金管理事项进行了审慎核查，并发表如下核查意见： 一、募集资金基本情况 经中国证券监督管理委员会《关于同意江苏博云塑业股份有限公司首次公开 发行股票注册的批复》（证监许可〔2021〕1501 号）同意注册，公司首次公开发 行人民币普通股 14,566,667.00 股，每股面值人民币 1.00 元，每股发行价格为人 民币 55.88 元，本次发行募集资金总额为人民币 813,985,351.96 元，扣除承销保 荐费等发行费用（不含本次公开发行股票发行费用可抵扣增值税进项税额）人民 币 93,143,424.74 元，募集资金净额为人民币 720,841,927.22 ...