| 证券代码：301193 | 证券简称：家联科技 | 公告编号：2024-077 | | --- | --- | --- | | 债券代码：123236 | 债券简称：家联转债 | | 宁波家联科技股份有限公司 关于 2024 年第二次回购公司股份进展暨回购完成的公告 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。 宁波家联科技股份有限公司（以下简称"公司"）于 2024 年 9 月 13 日召开了 2024 年第三次临时股东大会，审议通过了《关于 2024 年第二次回购公司股份方 案的议案》，公司拟使用自有资金以集中竞价交易方式回购公司部分已公开发行 的人民币普通股（A 股），在未来适宜时机用于员工持股计划或股权激励。本次 回购的资金总额不低于人民币 1,000 万元（含本数）且不超过人民币 2,000 万元 （含本数）；回购价格不超过人民币 21.11 元/股（含本数）。本次回购实施期限 为自股东大会审议通过回购股份方案之日起 12 个月内，具体回购股份的数量以 回购期限届满或者回购股份实施完毕时实际回购的股份数量为准。具体内容详见 公司在巨潮资讯网（w ...

Investment Rating - The report does not provide a specific investment rating for the company, but it suggests to "continue to pay attention" to the company due to expected improvements in profitability and ongoing demand in both domestic and international markets [3]. Core Insights - The company achieved a revenue of 1.72 billion yuan in the first three quarters of 2024, representing a year-on-year increase of 40.1%. However, the net profit attributable to shareholders was 67.14 million yuan, a growth of only 6.5%, while the net profit after deducting non-recurring items decreased by 41.2% [1][2]. - The overall gross margin for the reporting period was 18.7%, a slight decrease of 0.1 percentage points year-on-year. The total expense ratio increased by 2.8 percentage points to 17.1%, primarily due to rising management and financial expenses [2]. - The company is in a phase of business expansion, with a clear strategy for both domestic and international markets. It aims to enhance production technology and optimize operations to cope with price pressures and meet customer demands [3]. Financial Performance Summary - For Q3 2024, the company reported a revenue of 660 million yuan, up 41.9% year-on-year, but the net profit attributable to shareholders fell by 69.7% to 5.44 million yuan. The net profit after non-recurring items dropped by 81.9% [1][2]. - The company’s operating cash flow for the first three quarters of 2024 was 280 million yuan, a significant increase of 381% year-on-year, indicating strong cash flow management [2]. - The projected earnings per share (EPS) for 2024, 2025, and 2026 are expected to be 0.50 yuan, 0.75 yuan, and 0.98 yuan, respectively, with corresponding price-to-earnings (PE) ratios of 31, 21, and 16 [3][4]. Strategic Outlook - The company is focusing on expanding its production capacity, particularly in biodegradable and household products, with several projects currently in the ramp-up phase. This includes factories in Ningbo, Guangxi, and Thailand [3]. - The report anticipates a recovery in overseas customer demand and sustained growth in domestic food and beverage markets, which could lead to improved profitability in the coming years [3].

| 证券代码：301193 | 证券简称：家联科技 | 公告编号：2024-076 | | --- | --- | --- | | 债券代码：123236 | 债券简称：家联转债 | | 宁波家联科技股份有限公司 关于为全资子公司提供担保的进展公告 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、担保情况概述 宁波家联科技股份有限公司（以下简称"公司"）于 2024 年 9 月 9 日召开了 第三届董事会第十二次会议审议通过了《关于为全资子公司提供担保的议案》。 董事会同意公司为全资子公司新加坡维斯巴赫有限公司（英文名 Weissbach (SINGAPORE) PTE.LTD.，以下简称"维斯巴赫"）与招商银行股份有限公司境外 分行办理各类融资业务所发生的债务提供不超过人民币 5,000 万元（含本数）的 担保，提供担保的形式包括但不限于信用担保（含一般保证、连带责任保证等）、 抵押担保、质押担保或多种担保方式相结合等形式。担保额度自董事会会议审议 通过之日起 12 个月内有效，在本次额度及额度有效期内可循环滚动使用。公司 董事会拟授权公司董事长签署本次 ...

| 证券代码：301193 | 证券简称：家联科技 | 公告编号：2024-075 | | --- | --- | --- | | 债券代码：123236 | 债券简称：家联转债 | | 宁波家联科技股份有限公司 关于为控股子公司提供担保的进展公告 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、担保情况概述 二、担保进展情况 近日，为了满足公司控股子公司 Sumter Easy Home,LLC 日常经营和业务发 展的融资需要，公司依据与浙商银行股份有限公司宁波分行（以下简称"浙商银 行宁波分行"）签订的《出具对外保函协议书》的相关约定，公司特向浙商银行 宁波分行申请出具对外保函，为 Sumter Easy Home,LLC 融资提供担保。担保金 额为 100 万美元，对外保函到期日至 2025 年 10 月 31 日，公司为前述融资性对 外保函提供担保。 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》等相关文件的规定，上述 担保额度在公司 2023 年年度股东大会批准的额度范围内，无 ...

| 证券代码：301193 | 证券简称：家联科技 | 公告编号：2024-074 | | --- | --- | --- | | 债券代码：123236 | 债券简称：家联转债 | | 宁波家联科技股份有限公司 关于债券持有人可转债持有比例变动达 10%的公告 持有的"家联转债"881,331 张，占发行总量的 11.75%，具体变动情况如下： 持有人 本次变动前 本次变动 本次变动后 持有可 转债数量 （张） 占可转债发 行总量比例 变动数量 （张） 占可转债发 行总量比例 持有可 转债数量 （张） 占可转债发 行总量比例 王熊 2,861,870 38.16% 674,250 8.99% 2,187,620 29.17% 林慧勤 91,217 1.22% 21,556 0.29% 69,661 0.93% 镇海金塑 562,493 7.50% 132,518 1.77% 429,975 5.73% 镇海金模 224,997 3.00% 53,007 0.71% 171,990 2.29% 合计 3,740,577 49.87% 881,331 11.75% 2,859,246 38.12% 公司控股股东 ...

| 证券代码：301193 | 证券简称：家联科技 | 公告编号：2024-072 | | --- | --- | --- | | 债券代码：123236 | 债券简称：家联转债 | | 宁波家联科技股份有限公司 关于 2024 年第二次回购公司股份的进展公告 1、公司未在下列期间回购股份： （1）自可能对本公司证券及其衍生品种交易价格产生重大影响的重大事项 发生之日或者在决策过程中，至依法披露之日内； （2）中国证监会和深圳证券交易所规定的其他情形。 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。 宁波家联科技股份有限公司（以下简称"公司"）于 2024 年 9 月 13 日召开了 2024 年第三次临时股东大会审议通过了《关于 2024 年第二次回购公司股份方案 的议案》，公司拟使用自有资金以集中竞价交易方式回购公司部分已公开发行的 人民币普通股（A 股），在未来适宜时机用于员工持股计划或股权激励。本次回 购的资金总额不低于人民币 1,000 万元（含本数）且不超过人民币 2,000 万元（含 本数）；回购价格不超过人民币 21.11 元/股（含本数）。本 ...

| 证券代码：301193 | 证券简称：家联科技 | 公告编号：2024-071 | | --- | --- | --- | | 债券代码：123236 | 债券简称：家联转债 | | 宁波家联科技股份有限公司 关于 2024 年第三季度可转换公司债券转股情况的公告 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）可转换公司债券发行情况 根据中国证券监督管理委员会于 2023 年 11 月 17 日出具《关于同意宁波家 联科技股份有限公司向不特定对象发行可转换公司债券注册的批复》（证监许可 〔2023〕2602 号），并经深圳证券交易所（以下简称"深交所"）同意，公司于 2023 年 12 月 22 日向不特定对象发行 7,500,000 张可转换公司债券，发行价格为每张 100 元，募集资金总额 750,000,000.00 元，扣除相关发行费用（不含税）6,143,886.79 元，实际募集资金净额为人民币 743,856,113.21 元。 天职国际会计师事务所（特殊普通合伙）对公司本次募集资金到位情况进行 了审验，并于 2023 年 12 月 ...

| 证券代码：301193 | 证券简称：家联科技 | 公告编号：2024-070 | | --- | --- | --- | | 债券代码：123236 | 债券简称：家联转债 | | 一、担保情况概述 近日，宁波家联科技股份有限公司（以下简称"公司"或"家联科技"）向上海 浦东发展银行股份有限公司宁波分行申请授信额度人民币 37,000.00 万元，由全 资子公司宁波家宏精密模具科技有限公司（以下简称"家宏模具"）提供担保并签 订了《最高额保证合同》。家宏模具已通过股东会决议审批程序，同意为公司上 述授信业务提供连带责任担保。 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》等法律法规、规范性文件及 《公司章程》的规定，本次担保事项属于公司全资子公司为公司提供担保，无需 提交公司董事会或股东大会审议。 公司本次向上海浦东发展银行股份有限公司宁波分行申请授信额度人民币 37,000.00 万元的综合授信额度事项已经公司于 2024 年 4 月 22 日召开第三届董 事会第七次会议审议通过，具体内容详见公司于 2024 年 4 月 24 日在 ...

| 证券代码：301193 | 证券简称：家联科技 公告编号：2024-069 | | --- | --- | | 债券代码：123236 | 债券简称：家联转债 | 宁波家联科技股份有限公司 宁波家联科技股份有限公司（以下简称"公司"）于 2024 年 9 月 13 日召开了 2024 年第三次临时股东大会审议通过了《关于 2024 年第二次回购公司股份方案 的议案》，公司拟使用自有资金以集中竞价交易方式回购公司部分已公开发行的 人民币普通股（A 股），在未来适宜时机用于员工持股计划或股权激励。本次回 购的资金总额不低于人民币 1,000 万元（含本数）且不超过人民币 2,000 万元（含 本数）；回购价格不超过人民币 21.11 元/股（含本数）。本次回购实施期限为自股 东大会审议通过回购股份方案之日起 12 个月内，具体回购股份的数量以回购期 限届满或者回购股份实施完毕时实际回购的股份数量为准。具体内容详见公司在 巨潮资讯网（www.cninfo.com.cn）披露的《关于 2024 年第二次回购公司股份方 案的公告》（公告编号：2024-061）《回购报告书》（公告编号：2024-068）等相关 公告 ...

Investment Rating - The report assigns a "Buy" rating for the company, indicating a positive outlook based on its fundamentals and expected performance relative to market benchmarks [5][52]. Core Views - The company is a leader in the plastic dining industry, with a diversified product portfolio that supports growth. It has established a strong position in the global plastic dining utensils manufacturing sector, serving major clients like Amazon and IKEA. The company is expected to see a rebound in performance starting in 2024, with a projected 37% year-on-year growth in net profit for the first half of 2024 [1][2][13]. - The plastic products industry is anticipated to undergo consolidation, with increasing demand for biodegradable products. Stricter environmental regulations and trade tensions are expected to drive smaller, less efficient players out of the market, leading to higher industry concentration. The global market for biodegradable plastics is projected to triple by 2030, benefiting leading companies with advanced technologies and quality clients [1][2][24][30]. - The company leverages technological advancements and channel advantages to facilitate scale expansion. It has made significant strides in research and development, increasing its product variety from 703 to 1,156 types between 2018 and 2021. The company has also achieved a compound annual growth rate (CAGR) of approximately 20% in production capacity from 2019 to 2023 [1][2][33]. - The company has established deep relationships with high-quality clients, with strong growth expected in both domestic and international sales. Domestic revenue has grown at a CAGR of around 61% from 2019 to 2023, increasing its domestic revenue share from 20% in 2019 to 42% in 2023. The company is well-positioned to benefit from the expansion of dining and tea brands, as well as the diversification of its product offerings [1][2][42]. Summary by Sections 1. Industry Leadership and Growth - The company is recognized as a leading high-end plastic products manufacturer, with a focus on biodegradable materials and a commitment to providing a wide range of products to global customers [1][13]. - The company has expanded its product range and client base significantly, establishing partnerships with major retailers and food service companies [1][16]. 2. Industry Consolidation and Biodegradable Demand - The plastic products industry is expected to see increased concentration as smaller players exit the market due to stricter regulations and trade issues [24][26]. - The demand for biodegradable products is projected to grow significantly, driven by global environmental policies [27][30]. 3. Technological and Channel Advantages - The company emphasizes R&D, achieving breakthroughs in production automation and biodegradable materials, which enhances its product diversity [31][33]. - The company has expanded its production capacity and made strategic acquisitions to strengthen its market position [35][37]. 4. Profit Forecast and Investment Recommendations - The company is expected to experience substantial profit growth, with net profits projected to reach 1.75 billion, 2.13 billion, and 2.63 billion yuan from 2024 to 2026, respectively [2][44]. - The report highlights the strong growth potential in both domestic and international markets, supported by the company's established client relationships and product offerings [2][42].