证券代码：301039 证券简称：中集车辆 公告编号：2024-088 特别提示： 每10股派发现金红利人民币2.80元（含税）。本次权益分派的A股股权登记 日为：2024年11月7日；除权除息日为：2024年11月8日。 一、股东大会审议通过权益分派方案情况 中集车辆（集团）股份有限公司（以下简称"公司"或"本公司"）2024年9月27 日召开的2024年第三次临时股东大会审议通过了《关于2024年中期利润分配的议 案》：截至2024年6月30日，公司总股本为1,874,124,420股。本次拟向全体股东每 10股分派现金股利人民币2.80元（含税）（即每1股分派现金股利人民币0.28元（含 税）），合计派发现金红利人民币524,754,837.60元（含税），不送红股，不以公积 金转增股本。公司剩余可分配利润结转至以后使用。 本次向A股股东派发的现金红利总额为人民币407,030,400.00元（含税），向 非上市外资股股东派发的现金红利总额为人民币117,724,437.60元（含税）。 中集车辆（集团）股份有限公司 2024 年中期 A 股权益分派实施公告 本公司及董事会全体成员保证信息披露的内容真实 ...

Investment Rating - The report assigns an "Accumulate" rating to the company, marking its first coverage [2][10]. Core Views - The company has shown a recovery in gross margin and an increase in domestic sales year-on-year, indicating potential for profit elasticity [2][4]. - The company is a global leader in semi-trailer production, benefiting from a recovering domestic heavy truck market and stable overseas markets, which provides significant growth opportunities [4][5]. - The company has implemented various productivity enhancement plans, leading to improved operational quality and profitability [4]. Financial Performance Summary - For the first three quarters of 2024, the company reported total revenue of 15.82 billion yuan, a year-on-year decrease of 19.1%, and a net profit attributable to shareholders of 840 million yuan, down 63.0% [3]. - In Q3 alone, the company achieved a net profit of 280 million yuan, a decline of 26.5% year-on-year [3]. - The gross margin for Q3 improved by 3.0 percentage points to 17.6%, returning to the level of the same period last year [4]. - The company’s operating cash flow for the first three quarters reached 1.53 billion yuan, an increase of 19.7% year-on-year [4]. Sales and Market Performance - In Q3, the sales volume of the Starlink Lighthouse Pioneer Group increased by 20.1% year-on-year, with revenue rising by 21.2% [4]. - The company’s specialized vehicle sales saw a significant increase of 38.6% year-on-year, with revenue up by 25.1% [4]. - The company’s stock price has fluctuated between 7.61 and 13.15 yuan over the past 52 weeks, currently priced at 10.47 yuan [2][4]. Earnings Forecast - The company is projected to achieve total revenue of 22.3 billion yuan in 2024, with a year-on-year growth rate of -11%, followed by a recovery with growth rates of 33% and 11% in 2025 and 2026, respectively [7]. - The net profit attributable to shareholders is expected to be 1.3 billion yuan in 2024, reflecting a decline of 47%, with subsequent growth rates of 31% and 16% in the following years [7][10]. - The earnings per share (EPS) is forecasted to be 0.70 yuan in 2024, increasing to 1.06 yuan by 2026 [7][10].

那热烈欢迎各位嘉宾参加终极车辆2024年三季度的业绩电话会议那出席本次电话会议的是终极车辆投资者关系总监陈万庆以及我本人严维 非常感谢八家联系券商对本次会议的鼎力支持他们是中金公司、中信证券、海通证券、明升证券海通证券、东吴证券、中台证券和华富证券很高兴与各位嘉宾互动交流一起来回顾中信车辆在2024年前三季度的业绩表现以及现在实施的战略举措包括未来规划等 那在今年的这个前三季度来讲 终于车辆积极探索和打造新式生产力的破局之道那新年计划持续带来了积极的成果 在国内外行业需求相对沉压的背景之下 那终于车辆也取得了超越行业的表现 在今年的1到9月份中级车辆在全球销售各类车辆合计大概在9.5万台左右实现营业收入达到了158.23亿元实现规模上规模金利润大概是8.43亿元实现归属于上市公司股东的扣非规模金利润大概是在8.18亿元毛利率达到了15.8% 那与去年同期相比的话本公司的净利润有所下滑那主要原因是在于北美市场供需回归常态那销售同比出现了回落毛利额以及净利润均同比出现下滑那此外上年同期向中级集团出售本公司以及本公司的全资子公司所持中级专用持股权产生了税后的非经常性的收益达到了8.48亿元 所以以上两个因素使得本公 ...

证券代码：301039 证券简称：中集车辆 编号：2024-10 投资者关系活 □特定对象调研 √分析师会议 动类别 □媒体采访 √业绩说明会 □新闻发布会 □路演活动 □现场参观 中集车辆（集团）股份有限公司 投资者关系活动记录表 | --- | --- | --- | |---------------|--------------------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------| | | □其他 | | | 参与单位名称 | | 中金公司、中信证券、UBS、财通证券、民生证券、海通证 | | 及人员姓名 | | 券、东吴证券、华泰证券、中泰证券、华福证券、 | | | Point72、Brilliance | 、兴业证券、山西证券、安和私募基 | | | 基金、平安证券等合计 67 家机构 | ...

Investment Rating - The report maintains a "Buy" rating for the company [1] Core Views - The company reported a Q3 revenue of 5.124 billion yuan, with year-on-year and quarter-on-quarter changes of 16.0% and -7.6% respectively. The net profit attributable to shareholders was 280 million yuan, with year-on-year and quarter-on-quarter changes of -26.5% and -6.0% respectively [2] - Q3 gross margin improved on a quarter-on-quarter basis, while per vehicle profit declined. The gross margin for Q3 was 17.6%, with year-on-year changes of -0.03 and +3.0 percentage points. The company achieved global sales of 33,000 units, with year-on-year changes of 23.7% and +0.4% [2] - The "Starlink Plan" has begun to show results, with the specialized vehicle assembly business achieving breakeven. The semi-trailer business in China improved its market share despite industry headwinds, with sales increasing by 20.14% year-on-year [2][3] - The North American market has not yet stabilized, but the company's performance may exceed industry averages. The company has resumed normal deliveries of container chassis, with significant improvements in Q3 sales, revenue, and gross margin [2][3] Summary by Sections Financial Forecast and Valuation - The company’s 2024 net profit forecast has been adjusted down to 1.351 billion yuan from a previous estimate of 1.42 billion yuan, with corresponding EPS of 0.72 yuan [3] - The P/E ratios for 2024 to 2026 are projected to be 11.1, 8.9, and 7.6 respectively [3] Market Performance - The company’s stock closed at 10.32 yuan, with a market capitalization of approximately 19.34 billion yuan [5] - The company’s price-to-book ratio is 1.38 [5] Operational Highlights - The company is focusing on domestic market breakthroughs and enhancing new energy initiatives, including innovations in semi-trailer design and production technology [3] - The company is also deepening its innovation in new energy products and exploring areas such as autonomous trucks and smart logistics [3]

证券代码：301039 证券简称：中集车辆 公告编号：2024-085 中集车辆（集团）股份有限公司 第三届董事会 2024 年第三次会议决议公告 二、董事会会议审议情况 经与会董事审议，会议通过了以下议案： 1、审议通过《2024 年第三季度报告》 经审议，公司董事会认为公司《2024年第三季度报告》编制程序符合法律、 行政法规及中国证监会的有关规定，报告内容真实、准确、完整地反映了公司经 营、管理及财务等各方面的实际情况，不存在虚假记载、误导性陈述或者重大遗 漏。 公司董事会审计委员会已审议通过该议案。 具体内容详见公司于同日在巨潮资讯网（http://www.cninfo.com.cn/）上披露 的《2024年第三季度报告》。 表决情况：9 票同意、0 票反对、0 票弃权。 2、审议通过《关于修订<反贪污及举报管理制度>的议案》 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 中集车辆（集团）股份有限公司（以下简称"公司"或"本公司"）第三届董事 会2024年第三次会议通知于2024年10月14日以电子邮件的方式发出，于2024年 ...

Financial Performance - The company's operating revenue for Q3 2024 was ¥5,123,780,771.93, a decrease of 15.98% compared to the same period last year[3]. - Net profit attributable to shareholders was ¥279,853,115.51, down 26.50% year-on-year, while net profit excluding non-recurring items was ¥267,118,145.10, a decrease of 27.47%[3]. - The basic and diluted earnings per share were both ¥0.15, reflecting a decline of 21.05% compared to the previous year[3]. - The weighted average return on equity was 1.93%, down 0.70% from the previous year[4]. - Total operating revenue for the first nine months of 2024 was approximately ¥15.82 billion, a decrease of 19.4% compared to ¥19.57 billion in the same period of 2023[18]. - Net profit for the first nine months of 2024 was approximately ¥857.87 million, a decline of 62.3% compared to ¥2.27 billion in the same period of 2023[20]. - Basic earnings per share for the first nine months of 2024 was ¥0.43, down from ¥1.13 in the same period of 2023[21]. Assets and Liabilities - Total assets at the end of the reporting period were ¥24,144,452,739.88, an increase of 1.29% from the end of the previous year[4]. - The total current assets increased to approximately CNY 16.90 billion, compared to CNY 16.52 billion in the previous period[16]. - The company's total liabilities increased to CNY 9.53 billion, compared to CNY 8.39 billion in the previous period[17]. - The cash and cash equivalents amounted to CNY 6.26 billion, an increase from CNY 6.01 billion in the previous period[16]. Cash Flow - The net cash flow from operating activities for the year-to-date was ¥1,528,253,443.47, an increase of 19.68%[3]. - Cash flow from operating activities for the first nine months of 2024 was approximately ¥1.53 billion, an increase of 19.6% compared to ¥1.28 billion in the same period of 2023[22]. - The net cash flow from investment activities was -304,827,964.69 CNY, compared to 417,152,332.96 CNY in the previous year[23]. - Cash inflow from financing activities totaled 625,414,362.03 CNY, while cash outflow was 1,570,550,314.89 CNY, resulting in a net cash flow of -945,135,952.86 CNY[23]. - The company reported a net increase in cash and cash equivalents of 267,222,510.72 CNY for the quarter[23]. - The total cash and cash equivalents at the end of the period amounted to 6,161,274,382.54 CNY[23]. Shareholder Information - Shareholders' equity attributable to the parent company was ¥14,038,111,101.21, a decrease of 5.20% compared to the end of the previous year[4]. - The total number of ordinary shareholders at the end of the reporting period was 33,986, with the largest shareholder holding 38.87% of the shares[9]. - The company’s major shareholders include China International Marine Containers (Group) Co., Ltd. and Ping An Capital, with significant holdings of 728,443,475 and 71,184,088 shares respectively[11]. - The company’s stock structure includes a total of 1,013,428,475 shares held by major shareholders, with no new shares added during the reporting period[12]. Market and Operational Insights - The company experienced a 63.00% decline in net profit attributable to shareholders year-to-date, primarily due to decreased sales and profit margins in the North American market[7]. - The company is implementing the "Star Chain Plan" to restructure its semi-trailer production and sales model, aiming to maximize production capacity and improve product delivery[13]. - The company is focusing on domestic semi-trailer production amidst a challenging market environment, enhancing its management processes for cross-ocean operations[13]. - The company has faced pressure in the commercial vehicle industry due to weakened domestic transport market demand and ongoing inventory pressures[13]. - The North American business resumed container skeleton vehicle operations amid ongoing market uncertainties[14]. - The company is exploring business extensions in productive services while upgrading the usage of digital systems[13]. Sales and Revenue Performance - In the first nine months of 2024, the company sold a total of 94,749 vehicles, generating revenue of 15.823 billion RMB and a net profit attributable to shareholders of 843 million RMB[13]. - The company ranked as the world's largest semi-trailer manufacturer according to the Global Trailer's 2024 OEM ranking[13]. - In Q3 2024, the sales of the Starlink Lighthouse Pioneer Group increased by 20.14% year-on-year, with revenue rising by 21.18%[14]. - The gross profit margin significantly improved quarter-on-quarter due to the optimization of dealer quality and the upgrade of production lines in Zhumadian and Yangzhou[14]. - The specialized vehicle superstructure business achieved a substantial sales increase of 38.64% year-on-year, with revenue up by 25.09%, reaching breakeven[14]. Expenses and Investments - Research and development expenses for the first nine months of 2024 were approximately ¥279.80 million, an increase of 4.3% from ¥266.97 million in the same period of 2023[18]. - Sales expenses decreased to approximately ¥424.76 million, down 4.6% from ¥445.23 million in the previous year[18]. - Management expenses decreased significantly to approximately ¥671.36 million, down 27.3% from ¥922.95 million in the same period of 2023[18]. - Other income increased to approximately ¥43.08 million, up from ¥35.76 million in the previous year[20]. - Investment income for the first nine months of 2024 was approximately ¥6.92 million, a significant decrease from ¥1.09 billion in the same period of 2023[20]. Accounting and Reporting - The company has adopted new accounting standards effective from 2024, impacting the classification of warranty expenses[24]. - The third quarter report was not audited[26].

第三届监事会 2024 年第二次会议决议公告 证券代码：301039 证券简称：中集车辆 公告编号：2024-086 中集车辆（集团）股份有限公司 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 三、备查文件 1、第三届监事会 2024 年第二次会议决议； 2、深圳证券交易所要求的其他文件。 特此公告。 中集车辆（集团）股份有限公司 中集车辆（集团）股份有限公司（以下简称"公司"或"本公司"）第三届监事 会2024年第二次会议通知于2024年10月14日以电子邮件的方式发出，于2024年10 月25日以通讯会议的方式召开。会议应出席监事3名，实际出席监事3名。会议由 监事会主席马天飞先生主持。本次会议的召开符合《中华人民共和国公司法》等 有关法律法规和《公司章程》的规定。 二、监事会会议审议情况 经与会监事审议，会议通过了以下议案： 1、审议通过《2024 年第三季度报告》 监事会认为：公司董事会编制的《2024年第三季度报告》编制程序符合法律、 行政法规及中国证监会的有关规定，报告内容真实、准确、完整地反映了公司经 营、管理及财务等各 ...

证券代码：301039 证券简称：中集车辆 公告编号：2024-084 中集车辆（集团）股份有限公司 关于持股 5%以上股东减持 A 股股份预披露的公告 平安资本有限责任公司－上海太富祥中股权投资基金合伙企业（有限合伙）、平安资 本有限责任公司－台州太富祥云股权投资合伙企业（有限合伙）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： 平安资本有限责任公司－上海太富祥中股权投资基金合伙企业（有限合伙）（以下简称 "上海太富"）、平安资本有限责任公司－台州太富祥云股权投资合伙企业（有限合伙）（以 下简称"台州太富"）的基金管理人均为平安资本有限责任公司。上海太富的执行事务合伙人 为平安资本有限责任公司，台州太富的执行事务合伙人为深圳市平安德成投资有限公司。深 圳市平安德成投资有限公司和平安资本有限责任公司均为中国平安保险（集团）股份有限公 司间接持有100%权益的企业。上海太富、台州太富受同一主体控制，为一致行动人。 截止本公告披露日，上海太富持有本公司A股股份71,184,088股，占本公司A股股本 ...

广东信达律师事务所 股东大会法律意见书 中国 深圳 福田区 益田路6001号太平金融大厦11、12楼 邮政编码：518038 11-12F., TAIPING FINANCE TOWER, 6001 YITIAN ROAD, FUTIAN, SHENZHEN, CHINA 电话(Tel.)：(0755) 88265288 传真(Fax.)：(0755)88265537 网址（Website）：http://www.sundiallawfirm.com 广东信达律师事务所 关于中集车辆（集团）股份有限公司 2024年第三次临时股东大会的 法律意见书 信达会字[2024]第 262 号 致：中集车辆（集团）股份有限公司 广东信达律师事务所（以下简称"信达"）接受中集车辆（集团）股份有限 公司（以下简称"贵公司"）的委托，指派律师参加了贵公司 2024 年第三次临 时股东大会（以下简称"本次股东大会"），并进行了必要的验证工作。 现根据《中华人民共和国公司法》（以下简称"《公司法》"）、《上市公 司股东大会规则》（以下简称"《股东大会规则》"）等中国法律法规（为本法 律意见书之目的，不包括香港特别行政区、澳门特别行 ...