Group 1 - The core viewpoint of the news is that East Asia Machinery is experiencing steady growth in its operations, driven by national policies promoting equipment upgrades and increased R&D investments to enhance product competitiveness [1] - The company has seen robust sales growth in oil-free screw compressors and screw vacuum pumps, with centrifugal compressors expected to complete phase application tests by 2025 [1] - East Asia Machinery's products are achieving domestic substitution in industries such as medical, electronics, and semiconductors, gaining recognition from major companies [1] Group 2 - The company is expanding its overseas business, primarily targeting Southeast Asian markets, and plans to leverage the Belt and Road Initiative to establish overseas sales networks [1] - To maintain stable gross margins, the company focuses on enhancing high-end product competitiveness, developing large clients, and strengthening brand value and technical service teams [1] - The company is capable of developing and producing IDC cooling machines, with a new factory set to be operational by 2026, and plans to continue advancing high-end model development, broadening product lines, optimizing sales channels, and establishing foreign trade pathways by 2025 [1]

投资者关系活动记录表 | 投资者关系活动类别 | ■特定对象调研 □分析师会议 □媒体采访 | | | | | --- | --- | --- | --- | --- | | | □业绩说明会 □新闻发布会 □路演活动 | | | | | | □现场参观 ■其他 线上 | | | | | 参与单位名称及人员姓 | 丁祎 华创证券、周鑫雨 东北证券、丁珰 | | 西南证券、徐宇星 | 华泰柏瑞、 | | 名 | 樊艳阳 阳光资产、吴建明 信泰人寿、史彦刚 太平基金、张桥石 | 明河 | | | | | 投资、魏巍 中信期货、乌焕强 红筹投资、李晓青 仁桥资产、李思琦 | | | 中 | | | 天国富证券（自营）、王钟琪 华夏未来资本、汪自兵 方物基金、成佩剑 | | | | | | 五地投资、朱宏达 Willing Capital Management、刘宏 富敦投资、杨云杰 | | | | | | 西南证券、黄帅斌 光大证券 | | | | | 时间 | 2025 年 4 月 27 日 | | | | | 地点 | 厦门东亚机械工业股份有限公司 | | | | | 上市公司接待人员 | 董事会秘书韩文浩、证 ...

Investment Rating - The report maintains a "Strong Buy" rating for the company, expecting it to outperform the benchmark index by over 20% in the next six months [7][17]. Core Views - The company reported a revenue of 1.14 billion yuan in 2024, an increase of 18.9% year-on-year, and a net profit attributable to shareholders of 217 million yuan, up 33.23% year-on-year. For Q1 2025, the revenue was 301 million yuan, a year-on-year increase of 6.53%, with a net profit of 56 million yuan, growing by 9.78% [1][8]. - The company is focusing on domestic substitution and product category expansion, maintaining strong profitability and enhancing market share through customized R&D and rapid service response [7][8]. Financial Performance Summary - In 2024, the company's gross margin was 30.6%, a slight increase of 0.41 percentage points year-on-year. The revenue from screw compressors and other products was 875 million yuan and 239 million yuan, respectively, with year-on-year growth of 17.84% and 24.57% [7][8]. - The company expects to achieve net profits of 257 million yuan, 304 million yuan, and 359 million yuan for 2025, 2026, and 2027, respectively, with year-on-year growth rates of 18.3% for 2025 and 2026, and 18.0% for 2027 [8][9]. Market Position and Strategy - The company has established a strong market presence by focusing on large clients and enhancing its brand value within the industry chain. Notable clients include BYD, Ningde Times, and others [7][8]. - The company is expanding its product line from screw compressors to vacuum pumps and centrifugal machines, with plans to develop high-end products for emerging industries such as renewable energy and semiconductors [7][8].

Financial Performance - The company's revenue for Q1 2025 was ¥300,880,491.33, representing a 6.53% increase compared to ¥282,431,828.56 in the same period last year[5] - Net profit attributable to shareholders was ¥56,135,160.86, up 9.78% from ¥51,134,402.76 year-on-year[5] - Basic and diluted earnings per share rose to ¥0.15, reflecting a 15.38% increase from ¥0.13 in the previous year[5] - Total operating revenue for the current period reached ¥300,880,491.33, an increase of 6.5% compared to ¥282,431,828.56 in the previous period[17] - Net profit for the current period was ¥56,135,160.86, representing a 9.8% increase from ¥51,134,402.76 in the previous period[18] - Basic and diluted earnings per share were both ¥0.15, compared to ¥0.13 in the previous period, indicating a growth of 15.4%[19] Cash Flow - The net cash flow from operating activities increased significantly by 136.69%, reaching ¥32,411,746.23 compared to ¥13,693,994.56 in Q1 2024[5] - Cash inflow from operating activities totaled ¥225,927,037.04, an increase from ¥200,443,603.33 in the previous period, marking a growth of 12.7%[20] - The net cash flow from operating activities was $32,411,746.23, an increase from $13,693,994.56 in the previous period, reflecting a significant improvement[21] - The net cash flow from investment activities was -$260,919,674.96, an improvement from -$414,312,749.02, showing reduced cash outflow in investments[21] - Cash inflow from financing activities was $36,000,000.00, up from $30,000,000.00, demonstrating increased borrowing capacity[21] - The net cash flow from financing activities was $34,710,666.66, compared to $29,873,238.64 previously, indicating stronger financial support[21] Assets and Liabilities - Total assets at the end of Q1 2025 were ¥2,543,802,374.70, a 3.96% increase from ¥2,446,979,706.71 at the end of the previous year[5] - Total current assets amount to ¥1,069,548,953.43, an increase from ¥861,795,227.82 at the beginning of the period[13] - Total non-current assets decreased to ¥1,474,253,421.27 from ¥1,585,184,478.89[14] - Total liabilities rose to ¥1,005,722,627.39, compared to ¥969,164,086.77, indicating an increase of 3.7%[15] - Total liabilities include accounts payable of ¥280,536,183.29, up from ¥267,509,789.65[14] Shareholder Information - Total number of common shareholders at the end of the reporting period is 16,355[10] - The largest shareholder, Han Yinghuan, holds 47.29% of shares, totaling 180,546,800 shares[10] Investment and Income - Investment income for Q1 2025 was ¥4,297,455.30, a 37.59% increase from ¥3,123,456.67 in the same period last year[8] - Other income increased to ¥7,492,695.53 from ¥5,784,607.87, showing a growth of 29.5%[18] Expenses - Total operating costs amounted to ¥246,323,037.14, up from ¥228,448,808.42, reflecting a year-over-year increase of 7.8%[17] - Research and development expenses for the current period were ¥16,589,611.82, an increase from ¥14,965,822.85, reflecting a growth of 10.9%[18] - The company paid $54,418,117.47 in employee-related cash, an increase from $44,225,439.08, indicating higher personnel costs[21] - The company incurred tax payments of $9,984,227.27, a slight decrease from $10,061,435.09, reflecting stable tax obligations[21] Asset Changes - The company experienced a 1803.41% increase in non-current assets due within one year, amounting to ¥203,186,520.55, primarily due to an increase in large time deposits maturing within one year[8] - Cash and cash equivalents decreased to ¥168,372,362.57 from ¥362,277,394.05[13] - Accounts receivable increased to ¥191,544,334.05 from ¥135,931,088.66[13] - Inventory decreased to ¥188,681,094.05 from ¥201,605,635.48[14] - The impact of exchange rate fluctuations on cash and cash equivalents was -$106,722.82, worsening from -$24,480.50, indicating increased currency risk[21]

RSM | 容 诚 审计报告 厦门东亚机械工业股份有限公司 容诚审字[2025]361Z0297 号 容诚会计师事务所(特殊普通合伙) 中国 · 北京 您可使用手机"扫一扫"或进入"注册会计师行业统一监管平台（http://acc.mof.gov.cn）" 进行变 录 页码 内_ 序号 审计报告 1 1-6 资产负债表 1 2 利润表 2 3 现金流量表 3 4 所有者权益变动表 4 5 财务报表附注 5-75 6 审 计 报 告 （一）收入确认 1、事项描述 容诚审字[2025]361Z0297 号 厦门东亚机械工业股份有限公司全体股东: 一、审计意见 我们审计了厦门东亚机械工业股份有限公司(以下简称东亚机械公司)财务 投表，包括 2024 年 12 月 31 日的资产负债表，2024 年度的利润表、现金流量表、 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, 公允反映了东亚机械公司 2024 年 12 月 31 日的财务状况以及 2024 年度的经营成 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 ...

中信证券股份有限公司 关于厦门东亚机械工业股份有限公司 2024 年度募集资金存放与使用情况的核查意见 中信证券股份有限公司（以下简称"中信证券"或"保荐机构"）作为厦门 东亚机械工业股份有限公司（以下简称"东亚机械"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》《上 市公司监管指引第 2 号——上市公司募集资金管理和使用的监管要求》《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》有关法律法规和规范性文件的要求，对东亚机械 2024 年度募集资金存放与使用情况进行了核查，核查情况如下： 一、募集资金基本情况 （一）实际募集资金金额、资金到位时间 经中国证券监督管理委员会《关于同意厦门东亚机械工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]1715 号），公司于 2021 年 7 月首次 向社会公开发行人民币普通股（A 股）9,500.00 万股，每股发行价为 5.31 元，募 集资金发行总额为人民币 50,445.00 万元。在扣减主承销商承销费 4,035.60 万元 及相应的 ...

【RSM】容 诚 内部控制审计报告 厦门东亚机械工业股份有限公司 容诚审字|2025|361Z0298 号 试试会计赔 容诚会计师事务所(特殊普通合伙) 中国 · 北京 您可使用手机"扫一扫"或进入"注册会计师行业统一监管平台（http://ac.mor.gov.cn） 进行查验 【 】 【 】 【 】 【 】 【 】 【 内部控制审计报告 容诚审字[2025]361Z0298 号 厦门东亚机械工业股份有限公司全体股东: 按照《企业内部控制审计指引》及中国注册会计师执业准则的相关要求,我 们审计了厦门东亚机械工业股份有限公司（以下简称"东亚机械公司"）2024 年 12 月 31 日的财务报告内部控制的有效性。 一、企业对内部控制的责任 按照《企业内部控制基本规范》、《企业内部控制应用指引》、《企业内部 控制评价指引》的规定,建立健全和有效实施内部控制,并评价其有效性是东亚 机械公司董事会的责任。 二、注册会计师的责任 ( 此 页 无 正 文 ， 为 厦 门 东 亚 机 械 工 业 股 份 有 限 公 司 容 诚 审 字 [2025] 361Z0298 号内部控制审计报告之签字盖章页。) 中国注册会计师 3 ...

中信证券股份有限公司 关于厦门东亚机械工业股份有限公司 调整部分募集资金投资项目内部投资结构 的核查意见 中信证券股份有限公司（以下简称"中信证券"或"保荐机构"）作为厦门 东亚机械工业股份有限公司（以下简称"东亚机械"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》《上 市公司监管指引第 2 号——上市公司募集资金管理和使用的监管要求》《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》等相关法律、法规和规范性文件的规定，对东亚 机械调整部分募集资金投资项目内部投资结构的事项进行了核查，具体核查情况 如下： 经中国证券监督管理委员会《关于同意厦门东亚机械工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]1715 号），公司于 2021 年 7 月首次 向社会公开发行人民币普通股（A 股）9,500.00 万股，每股发行价为 5.31 元，募 集资金发行总额为人民币 50,445.00 万元。在扣减主承销商承销费 4,035.60 万元 及相应的增值税 242.14 万元后，公司募集资金 ...

厦门东亚机械工业股份有限公司 RSM 容诚 非经营性资金占用及其他关联资金 往来情况专项说明 容诚专字|2025]361Z0271 号 试会计时 容诚会计师事务所(特殊普通合伙) 中国 · 北京 您可使用手机"扫一扫"或进入"注册会计师行业统一监管平台（http://ac.mof.gor.cn））"进行约 " 关于厦门东亚机械工业股份有限公司 非经营性资金占用及其他关联资金往来情况专项说明 容诚专字[2025]361Z0271 号 厦门东亚机械工业股份有限公司全体股东: 我们接受委托,依据中国注册会计师审计准则审计了厦门东亚机械工业股份 有限公司(以下简称东亚机械公司)2024年12月31日的资产负债表,2024年度 的利润表、现金流量表和所有者权益变动表以及财务报表附注,并于 2025年 4 月 24 日出具了容诚审字[2025]361Z0297 号的无保留意见审计报告。 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》的要求及深圳证券交易所《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》的规定,东亚机械公司管理层编制了 后附的厦门 ...

厦门东亚机械工业股份有限公司 林建宗，男，中国国籍，无境外永久居留权，1965 年 4 月出生，博士研究生学历，教授。 1981 年至 1990 年在中国人民解放军服役。1990 年至 1998 年先后任中国人民保险公司厦门分 公司信息技术部工程师、高级工程师；1998 年至 2002 年先后任中国太保洋保险公司厦门分 公司信息技术部经理、业务管理部经理、高级工程师；2002 年至 2003 年任通标标准技术服务 有限公司厦门分公司理算部高级理算师；2003 年至 2004 年任厦门金富源保险公估有限公司 总经理、高级工程师；2004 年至 2007 年在厦门大学攻读博士学位；2007 年至 2024 年先后任 厦门理工学院电子商务教研室主任、商学院副院长、厦门理工学院资产经营有限公司副董事 长兼总经理、电子商务专业负责人、经济管理学院教授。2022 年 6 月至今任本公司独立董事。 二、履职情况 本人林建宗作为厦门东亚机械工业股份有限公司（以下简称"公司"）的独立董事，在任 职期间严格按照《公司法》《证券法》《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》《上市公司独立董事管理办 ...