| 证券代码：301004 | 证券简称：嘉益股份 | 公告编号：2025-018 | | --- | --- | --- | | 债券代码：123250 | 债券简称：嘉益转债 | | 浙江嘉益保温科技股份有限公司 关于召开 2024 年度股东大会的通知 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。 根据浙江嘉益保温科技股份有限公司（以下简称"公司"）第三届董事会第十 三次会议决议，公司将于 2025 年 4 月 23 日（星期三）召开 2024 年度股东大会， 现将会议具体事项通知如下： 一、召开会议的基本情况 2、如果同一股份通过网络多次重复投票，以第一次有效网络投票为准。 （六）会议的股权登记日：2025 年 4 月 16 日（星期三） （七）会议出席对象： （一）股东大会届次：2024 年度股东大会 （二）股东大会的召集人：公司第三届董事会 （三）会议召开的合法、合规性：本次股东大会的召开符合有关法律、行政 法规、部门规章、规范性文件和《公司章程》的相关规定。 （四）现场会议召开时间：2025 年 4 月 23 日（星期三）14:00 网络投票时间 ...

浙江嘉益保温科技股份有限公司（以下简称"公司"）监事会依据《中华人民 共和国公司法》《中华人民共和国证券法》《上市公司股权激励管理办法》（以 下简称"《管理办法》"）《深圳证券交易所创业板股票上市规则》（以下简称"《创 业板上市规则》"）《深圳证券交易所创业板上市公司自律监管指南第1号——业 务办理》等相关法律法规及《公司章程》的要求，对公司2024年度限制性股票激 励计划（以下简称"本次激励计划"）预留授予激励对象名单进行了核查，发表的 核查意见如下： 1、列入公司本次激励计划预留部分激励对象名单的人员均具备《中华人民 共和国公司法》《中华人民共和国证券法》等法律、法规和规范性文件及《公司 章程》规定的任职资格。 证券代码：301004 证券简称：嘉益股份 公告编号：2025-019 债券代码：123250 债券简称：嘉益转债 浙江嘉益保温科技股份有限公司 监事会关于 2024 年限制性股票激励计划预留授予日 激励对象人员名单的核查意见 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。 （4）具有《中华人民共和国公司法》规定的不得担任公司董事、高级管理 人员的 ...

| 证券代码：301004 | 证券简称：嘉益股份 | 公告编号：2025-005 | | --- | --- | --- | | 债券代码：123250 | 债券简称：嘉益转债 | | 浙江嘉益保温科技股份有限公司 第三届监事会第十二次会议决议公告 本公司及监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。 一、监事会会议召开情况 浙江嘉益保温科技股份有限公司（以下简称"公司"）第三届监事会第十二次 会议于 2025 年 3 月 27 日在公司会议室以现场方式召开。会议通知于 2025 年 3 月 17 日以邮件方式发送。本次会议应出席监事 3 人，实际出席监事 3 人。本次 监事会由半数以上监事共同推举监事会主席曾涛先生主持。本次会议的召开和表 决程序符合《中华人民共和国公司法》等有关法律法规、规范性文件和《公司章 程》的规定，会议合法有效。 二、监事会会议审议情况 经出席会议的监事认真审议，表决通过了如下决议： （一）审议通过《关于 2024 年年度报告及其摘要的议案》 经审核，监事会认为公司《2024 年年度报告》及《2024 年年度报告摘要》 的内容真实、准确、 ...

浙江嘉益保温科技股份有限公司 监事会关于 2022 年第二期限制性股票激励计划 （5）法律法规规定不得参与上市公司股权激励的； 预留授予部分的第二个解除限售期解除限售名单的核查意见 浙江嘉益保温科技股份有限公司（以下简称"公司"）依据《中华人民共和国公司 法》《中华人民共和国证券法》《上市公司股权激励管理办法》（以下简称"《管理办 法》"）等有关法律法规和规范性文件以及《2022 年第二期限制性股票激励计划》（以 下简称"《激励计划》"）和《浙江嘉益保温科技股份有限公司章程》（以下简称"《公 司章程》"）等有关规定，对公司 2022 年第二期限制性股票激励计划预留授予部分的 第二个解除限售期解除限售激励对象名单进行审核，发表如下意见： 1、公司符合《管理办法》和《激励计划》等法律法规、规范性文件规定的实施股 权激励计划的情形，公司具备实施股权激励计划的主体资格，符合《激励计划》中对 预留授予部分的第二个限售期解除限售条件的要求，未发生《激励计划》中规定的不 得解除限售的情形； 2、公司 2022 年第二期限制性股票激励计划预留授予部分的激励对象不存在《管 理办法》第八条规定的不得成为激励对象的情形： （1）最 ...

| 证券代码：301004 | 证券简称：嘉益股份 | 公告编号：2025-004 | | --- | --- | --- | | 债券代码：123250 | 债券简称：嘉益转债 | | 浙江嘉益保温科技股份有限公司 第三届董事会第十三次会议决议公告 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。 一、董事会会议召开情况 二、董事会会议审议情况 经与会董事审议表决，形成如下决议： （一）审议通过《关于 2024 年年度报告及其摘要的议案》 经审核，董事会认为公司《2024 年年度报告》及《2024 年年度报告摘要》 的内容真实、准确、完整地反映了公司 2024 年度经营的实际情况，报告编制和 审核的程序符合法律、行政法规的要求，符合中国证监会和深交所的相关规定， 不存在任何虚假记载、误导性陈述或者重大遗漏。 具体内容详见公司同日披露于巨潮资讯网（www.cninfo.com.cn）的《2024 年年度报告》及《2024 年年度报告摘要》（公告编号：2025-006）。 董事会审计委员会审议通过了该议案。 表决结果：同意票 8 票，反对票 0 票，弃权票 0 票 ...

| 证券代码：301004 | 证券简称：嘉益股份 | 公告编号：2025-007 | | --- | --- | --- | | 债券代码：123250 | 债券简称：嘉益转债 | | 浙江嘉益保温科技股份有限公司 关于 2024 年度利润分配及资本公积金转增股本方案的公告 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。 一、2024 年度利润分配及资本公积金转增股本方案的审议程序 （一）董事会和监事会 浙江嘉益保温科技股份有限公司（以下简称"公司"）于 2025 年 3 月 27 日召 开第三届董事会第十三次会议和第三届监事会第十二次会议，分别审议通过了 《关于 2024 年度利润分配及资本公积金转增股本方案的议案》，并同意将该议 案提交公司 2024 年度股东大会审议。 （二）监事会意见 公司监事会认为：公司 2024 年度利润分配及资本公积金转增股本预案与公 司业绩成长性相匹配，符合《公司章程》等相关法律法规对利润分配的相关要求， 未损害公司股东，尤其是中小股东的利益。监事会同意公司 2024 年度利润分配 及资本公积金转增股本预案，并同意将该预案提交 ...

Financial Performance - The company's operating revenue for 2024 reached ¥2,836,371,718.03, representing a 59.76% increase compared to ¥1,775,401,871.97 in 2023[22] - Net profit attributable to shareholders for 2024 was ¥732,937,910.53, a 55.27% increase from ¥472,032,916.88 in 2023[22] - The basic earnings per share for 2024 increased to ¥7.20, up 52.87% from ¥4.71 in 2023[22] - The total assets of the company at the end of 2024 were ¥2,838,230,240.19, a 72.70% increase from ¥1,643,404,487.37 at the end of 2023[22] - The company's net assets attributable to shareholders increased by 50.41% to ¥1,964,739,833.33 at the end of 2024, compared to ¥1,306,285,410.96 at the end of 2023[22] - The net cash flow from operating activities for 2024 was ¥496,547,078.36, a decrease of 14.00% from ¥577,371,714.05 in 2023[22] - The weighted average return on net assets for 2024 was 46.64%, an increase of 2.74 percentage points from 43.90% in 2023[22] - The net profit after deducting non-recurring gains and losses for 2024 was ¥725,489,370.50, up 55.54% from ¥466,442,546.88 in 2023[22] Market Trends - The global stainless steel vacuum cup market is expected to maintain stable growth in 2024, driven by increasing consumer demand for functionality and aesthetics[33] - The market for high-end stainless steel vacuum products is expanding, with significant potential in emerging markets such as Asia and Australia[33] - The demand for stainless steel vacuum products is shifting towards personalization, aesthetic design, and smart features, driving industry growth[37] - The global insulated container market is experiencing growth driven by increased consumer demand for portability, insulation performance, and durability in products like thermos cups[38] - The demand for stainless steel vacuum insulated containers has surpassed basic functionality, with brand, design, and personalization becoming key purchasing factors in developed markets[39] - The high-end thermos cup market is expected to maintain significant growth potential, driven by continuous investment in product innovation, smart design, and environmental concepts[40] Product Development and Innovation - The company is focusing on product innovation and supply chain management to enhance market competitiveness and reduce R&D costs[36] - The collaboration between manufacturers and brand operators is expected to deepen, promoting technological innovation and industry upgrades[36] - The company has completed the development of several new products, including highland heating thermal cups and carbon fiber paddles, aimed at expanding market share and increasing sales revenue[74] - The company plans to achieve mass production for several ongoing projects, including a square vacuum lunch box and a one-click sliding self-locking lid for thermal cups[75] - The company aims to leverage data-driven market insights to meet the evolving consumer demands for high-end, personalized, and sustainable products[40] Supply Chain and Production - The company has established a stable supply chain for raw materials, ensuring quality and cost control through a centralized procurement model[46] - The production model is based on sales forecasts, allowing for adjustments based on actual market conditions, enhancing operational efficiency[47] - The company primarily operates through OEM and ODM sales models, collaborating with international brands to enhance market presence and product competitiveness[48] - The company has invested in automation and intelligent production equipment, improving production efficiency and product quality[58] - The company has achieved a production rate of 98.1% for its current manufacturing operations[101] Financial Management and Investments - The company reported a significant increase in operating costs, with total costs amounting to ¥1,726,982,768.12, a 68.64% increase from ¥1,024,039,392.20 in the previous year[67] - Research and development expenses increased by 37.85% to ¥92,360,385.59, driven by enhanced R&D efforts and team expansion[73] - The company has invested ¥130,398,204.47 in a self-built factory project in Vietnam, with a cumulative investment of ¥203,914,950.64, indicating a completion rate of 98.62%[89] - The company raised a total of RMB 195.25 million through its initial public offering, with a net amount of RMB 156.05 million after deducting issuance costs[98] - The company plans to invest in a new production base with an annual capacity of 1 million stainless steel vacuum flasks, with a total investment of RMB 168 million[100] Governance and Compliance - The company has established strict management systems for foreign exchange derivative transactions to mitigate risks associated with market fluctuations[92] - The company’s internal audit department supervises compliance in derivative transactions to ensure adherence to risk management policies[92] - The company maintains independence from its controlling shareholder in terms of assets, personnel, finance, and operations, ensuring a complete business system[134] - The company has established specialized committees within the board to enhance governance and operational efficiency[129] - The company strictly adheres to information disclosure obligations, ensuring timely and accurate communication with investors[132] Employee Management and Development - The company has a total of 4,272 employees, with 3,645 in production, 58 in sales, and 448 in technical roles[171] - The company has implemented a cash dividend policy, distributing 30 RMB per 10 shares, totaling 311,607,900 RMB (including tax) in cash dividends[182] - The company emphasizes a performance-based compensation system to align employee incentives with company goals[173] - The company has established a training program with three modules covering professional knowledge, management skills, and mid-level management capabilities[174] - The number of R&D personnel increased by 73.81% from 252 in 2023 to 438 in 2024, with a notable rise in bachelor's degree holders by 213.33%[75] Strategic Outlook - The company aims to become a global leader in the insulated stainless steel container market, focusing on high-quality, eco-friendly products for consumers[106] - The company plans to enhance its manufacturing capabilities, product design, and smart manufacturing to drive revenue and profit growth[107] - By 2025, the company will implement a major client strategy, prioritizing resources for high-value clients and maintaining strong partnerships with well-known brands[109] - The company is expanding its production base in Vietnam to diversify its supply chain and enhance its international competitiveness[111] - The company is addressing international trade risks by optimizing its overseas market layout and enhancing supply chain resilience[117]

Investment Rating - The industry is rated as "Overweight," indicating that it is expected to outperform the overall market [12]. Core Insights - YETI's FY2024 revenue reached $1.839 billion, a year-on-year increase of 9.4%, with Q4 revenue of $555 million, up 7.4% year-on-year [6]. - The company reported a net profit of $234 million for FY2024, reflecting an 18.8% increase year-on-year, with Q4 net profit of $85 million, also up 7.4% year-on-year [6]. - The growth in revenue was driven by strong performance in various product categories, particularly in coolers and equipment, which saw a 16.5% increase in Q4 [6]. - The DTC channel accounted for 68% of Q4 revenue, with a year-on-year growth of 9.5%, while the wholesale channel grew by 3.2% [6]. - The international market showed robust growth, with non-U.S. revenue increasing by 27.1% in Q4, contributing to 19.6% of total revenue [6]. Summary by Sections Company Performance - YETI's Q4 revenue was $555 million, with a 7.4% year-on-year increase, and FY2024 revenue was $1.839 billion, up 9.4% year-on-year [6]. - The company achieved a net profit of $234 million for FY2024, an 18.8% increase year-on-year, with Q4 net profit of $85 million [6]. Product Categories - In Q4, revenue from coolers and equipment reached $189 million, a 16.5% increase year-on-year, while drinkware products generated $358 million, up 3.5% [6]. - The introduction of new products, such as the Rodie15 hard cooler, contributed to exceeding growth expectations in the cooler category [6]. Market Expansion - YETI plans to increase its international market revenue by 30% in 2024, with a focus on expanding its presence in Australia and Europe [6]. - The company is set to launch in the Japanese market in 2025, indicating further growth potential in non-U.S. markets [6]. Financial Guidance - For FY2025, YETI expects revenue growth of 5-7%, with cooler and equipment sales outpacing drinkware [6]. - The adjusted diluted EPS target for 2025 is projected to be between $2.90 and $2.95, reflecting a year-on-year growth of 6-8% [6]. Client Relationships - The primary client, Stanley, is expanding its global presence, which is expected to drive sustainable growth for YETI [6]. - The company is also focusing on new high-potential clients like Owala, which will contribute to growth in 2025 [6].

浙江嘉益保温科技股份有限公司 关于实际控制人之一致行动人、董事减持股份的预披露公告 | 证券代码：301004 | 证券简称：嘉益股份 | 公告编号：2025-003 | | --- | --- | --- | | 债券代码：123250 | 债券简称：嘉益转债 | | 公司实际控制人之一致行动人兼董事朱中萍、董事马靖保证向本公司提供的 信息内容真实、准确、完整，没有虚假记载、误导性陈述或重大遗漏。 本公司及董事会全体成员保证公告内容与信息披露义务人提供的信息一致。 特别提示： 1、实际控制人之一致行动人朱中萍先生直接持有浙江嘉益保温科技股份有 限公司（以下简称"公司"、"本公司"或"嘉益股份"）股份 350,000 股，占本公司 总股本比例 0.3370%，通过武义嘉金投资管理合伙企业（有限合伙）间接持有公 司股票 3,000,000 股（占本公司总股本比例 2.8882%）。朱中萍先生拟通过集中 竞价交易或大宗交易等方式减持公司股份，拟减持公司股份数量不超过 87,500 股，即不超过公司总股本的 0.0842%，减持期间为本公告披露之日起 15 个交易 日后的 3 个月内（2025 年 2 月 27 日 ...

Investment Rating - The investment rating for the company is "Buy" and is maintained [5]. Core Views - The company is expected to achieve a net profit attributable to shareholders of 7.25-7.45 billion yuan in 2024, representing a year-on-year increase of 54%-58% [3][4]. - In Q4 2024, the net profit is projected to be between 1.94-2.14 billion yuan, with a year-on-year growth of 23%-35% [3][4]. - The growth is supported by the trend of thermal cup popularity and the rapid release of new production capacity [3][4]. Financial Performance Summary - Total revenue for 2024 is estimated at 2,793 million yuan, up from 1,775 million yuan in 2023, indicating a significant growth trajectory [12]. - The gross profit margin is expected to be around 39% in 2024, slightly decreasing from 41% in 2023 [12]. - The company anticipates a net profit of 740 million yuan in 2024, with an EPS of 7.12 yuan [12]. Market Trends and Production Capacity - The North American thermal cup trend continues, with significant sales growth in related products on platforms like Amazon [5]. - The company's production capacity in Vietnam is ramping up, with the first phase already at full capacity and the second phase expected to be operational in 2025 [5]. - The company has implemented a restricted stock incentive plan, reflecting confidence in growth and aiming for substantial revenue and profit increases over the next few years [5].