中信建投证券股份有限公司 关于恒勃控股股份有限公司 2024 年度跟踪报告 | 保荐机构名称：中信建投证券股份有限公司 | 被保荐公司简称：恒勃股份 | | --- | --- | | 保荐代表人姓名：吕芸 | 联系电话：021-68801539 | | 保荐代表人姓名：王监国 | 联系电话：021-68801539 | 一、保荐工作概述 | 项 目 | 工作内容 | | --- | --- | | 1.公司信息披露审阅情况 | | | （1）是否及时审阅公司信息披露文件 | 是 | | （2）未及时审阅公司信息披露文件的次数 | 0 次 | | 2.督导公司建立健全并有效执行规章制度的情况 | | | （1）是否督导公司建立健全规章制度（包括但不限于防 | | | 止关联方占用公司资源的制度、募集资金管理制度、内 | 是 | | 控制度、内部审计制度、关联交易制度） | | | （2）公司是否有效执行相关规章制度 | 是 | | 3.募集资金监督情况 | | | （1）查询公司募集资金专户次数 | 12 次 | | （2）公司募集资金项目进展是否与信息披露文件一致 | 是 | | 4.公司治理督导情况 | ...

证券代码：301225 证券简称：恒勃股份 公告编号：2025-025 恒勃控股股份有限公司 2025 年第一季度报告披露提示性公告 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。 恒勃控股股份有限公司（以下简称"公司"）于 2025 年 4 月 28 日召开了第 四届董事会第八次会议及第四届监事会第八次会议，会议审议通过了《关于公司 <2025 年第一季度报告>的议案》。 为使投资者全面了解公司的经营成果和财务状况，公司《2025 年第一季度 报告》已于 2025 年 4 月 29 日在中国证监会指定的创业板信息披露网站巨潮资讯 网（www.cninfo.com.cn）上披露，请投资者注意查阅。 特此公告。 恒勃控股股份有限公司 董事会 2025 年 4 月 29 日 ...

Financial Performance - The company's revenue for Q1 2025 was ¥215,537,356.02, representing a 16.81% increase compared to ¥184,515,506.88 in the same period last year[5]. - Net profit attributable to shareholders was ¥33,059,966.33, an increase of 11.75% from ¥29,583,222.01 in the previous year[5]. - Basic and diluted earnings per share increased to ¥0.33, up 13.79% from ¥0.29 in the previous year[5]. - The total operating revenue for the current period reached ¥215,537,356.02, an increase of 16.86% compared to ¥184,515,506.88 in the previous period[28]. - The net profit for the current period was ¥33,059,966.33, representing a growth of 11.88% compared to ¥29,583,222.01 from the previous period[29]. - The total comprehensive income for the period was CNY 33,059,966.33, an increase from CNY 29,583,222.01 in the previous period, representing a growth of approximately 11.8%[30]. - Basic and diluted earnings per share increased to CNY 0.33 from CNY 0.29, reflecting an increase of 13.8%[30]. Cash Flow - The cash flow from operating activities showed a significant decline, with a net outflow of ¥36,967,395.64, a decrease of 231.02% compared to a net inflow of ¥28,214,797.17 in the same period last year[13]. - Net cash flow from operating activities was negative at CNY -36,967,395.64, a significant decline compared to CNY 28,214,797.17 in the previous period[34]. - Cash inflow from operating activities totaled CNY 164,692,860.56, down from CNY 197,371,843.65, indicating a decrease of about 16.5%[34]. - Cash outflow from operating activities increased to CNY 201,660,256.20 from CNY 169,157,046.48, marking an increase of approximately 19.2%[34]. - Net cash flow from investing activities was CNY 57,620,120.01, a turnaround from a negative CNY -12,644,336.69 in the previous period[34]. - Cash and cash equivalents at the end of the period amounted to CNY 107,236,523.07, down from CNY 613,508,344.58, a decrease of about 82.5%[35]. - Cash inflow from investment activities was CNY 189,438,926.57, compared to CNY 271,926,893.26 in the previous period, reflecting a decrease of approximately 30.4%[34]. - Cash outflow from investment activities decreased to CNY 131,818,806.56 from CNY 284,571,229.95, a reduction of about 53.7%[34]. - The company did not report any cash inflow from financing activities during the current period, compared to CNY 49,900,000.00 in the previous period[34]. Assets and Liabilities - Total assets at the end of Q1 2025 were ¥1,898,048,184.34, reflecting a 1.62% increase from ¥1,867,831,739.01 at the end of the previous year[5]. - The total liabilities decreased slightly to ¥398,325,261.63 from ¥401,168,782.63, a reduction of 0.71%[25]. - The company's inventory increased to ¥219,813,114.29 from ¥195,569,025.90, reflecting a rise of 12.36%[24]. - The weighted average return on equity was 2.23%, slightly up from 2.06% in the previous year[5]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 8,777[15]. - The largest shareholder, Zhou Shuzhong, holds 29.11% of shares, totaling 30,090,000 shares[15]. - The top ten shareholders include significant stakes from domestic individuals and state-owned enterprises, with the top three holding a combined 59.18%[15]. - The total number of restricted shares at the end of the reporting period is 73,200,000 shares, with no shares released during the current period[18]. - The company has no preferred shareholders as of the reporting period[17]. Investments and Acquisitions - The company repurchased a total of 1,880,046 shares, accounting for 1.82% of the total share capital, with a total transaction amount of approximately RMB 53,500,640.74[20]. - The highest repurchase price was RMB 30.76 per share, while the lowest was RMB 24.27 per share[20]. - The company purchased land and buildings in Japan for a total of 239,800,000 JPY (approximately RMB 11,309,927.20)[20]. - The company plans to enhance its international strategy and market reach through acquisitions and investments[20]. - The company established a wholly-owned subsidiary in Seychelles with an investment of $100,000 to expand its overseas market presence[21]. Expenses - Total operating costs amounted to ¥179,514,893.64, reflecting a rise of 16.38% from ¥154,245,176.80 in the prior period[28]. - Research and development expenses for the current period were ¥13,354,138.37, up from ¥10,715,577.97, indicating a growth of 24.38%[29]. - The company reported a decrease in financial expenses, with a net financial cost of -¥389,548.88 compared to -¥2,669,498.52 in the previous period[29]. Accounts Receivable - The company reported a significant increase in accounts receivable, which rose by 36.88% to ¥61,092,487.39 compared to ¥44,633,584.78 at the end of the previous year[10].

New Stock Issuance - Tian Gong Co., Ltd. issued shares at a price of 3.94[1] - Ze Run New Energy issued shares at a price of 33.06[1] Rights Issues and Trading Alerts - ST Xin Chao has a tender offer period from April 8, 2025, to May 7, 2025[1] - The second tender offer period for ST Xin Chao is from April 23, 2025, to May 22, 2025[1] - The last trading day for Pu Li Tui is in 14 trading days[1] - The last trading day for Pu Li Zhuang Tui is also in 14 trading days[1] Abnormal Fluctuations - Multiple stocks are flagged for severe abnormal fluctuations, including Dongfang Tong and Ningbo United[1] - A total of 14 stocks are noted for significant price volatility, with specific links to their announcements provided[1] Additional Trading Information - Various stocks have upcoming announcements and trading alerts, including ST Hua Peng and Bei Ding Co., Ltd.[1] - The report includes links to detailed announcements for each stock mentioned, ensuring transparency and accessibility for investors[1]

证券代码：301225 证券简称：恒勃股份 公告编号：2025-024 恒勃控股股份有限公司 关于举行 2024 年年度网上业绩说明会的公告 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。 恒勃控股股份有限公司（以下简称"公司"）已于 2025 年 4 月 22 日在巨潮 资讯网上披露了《2024 年年度报告全文》及《2024 年年度报告摘要》。为便于 广大投资者更加全面深入地了解公司经营业绩、发展战略等情况，公司定于 2025 年 05 月 07 日（星期三）15:00-17:00 在"价值在线"（www.ir-online.cn）举行恒 勃控股股份有限公司 2024 年年度网上业绩说明会，与投资者进行沟通和交流， 广泛听取投资者的意见和建议。 一、说明会召开的时间、地点和方式 会议召开时间：2025 年 05 月 07 日（星期三）15:00-17:00 会议召开地点：价值在线（www.ir-online.cn） 会议召开方式：网络互动方式 二、参加人员 公司董事长兼总经理周书忠先生、财务负责人程金明先生、独立董事王兴斌 先生、董事会秘书阮江平先生、保荐代 ...

在新能源汽车市场蓬勃发展的大背景下，恒勃股份积极投身布局，不断开拓汽车热管理系统相关产品。 公司开发的冷却水壶、膨胀箱、水侧分流板和冷却液流体模块等产品，已经在市场上取得了良好的反 响。公司在新能源汽车热管理系统方面取得突破，助力知名新能源汽车品牌解决电池热管理难题，显著 提升了车辆续航能力和安全性，获得了市场高度认可。 公司还将热管理管路应用拓展到数据中心冷却系统、充电桩热管理系统等领域，进一步拓宽了业务范围 和收入来源。这种跨领域的业务拓展，不仅体现了公司强大的技术研发实力和创新能力，也为公司未来 的持续增长奠定了坚实的基础。通过在新能源汽车及相关新兴领域的提前布局和深入耕耘，恒勃股份有 望在这一快速增长的市场中占据有利地位，分享行业发展带来的红利。 研发投入助力技术创新，增强核心竞争力 4月21日晚间，恒勃股份（301225）正式披露2024年年报，这份年度答卷不仅展现了公司在复杂行业环 境下的经营成果与发展脉络，更凸显出其在行业变革中强劲的投资价值，诸多亮点吸引着市场与投资者 的目光。 营收利润双增长，盈利能力持续提升 从数据来看，公司的营收和利润均呈现出稳健增长的态势。年报显示，恒勃股份2024年全 ...

金十数据4月23日讯，恒勃股份公告称，公司股票于2025年4月21日至4月23日连续三个交易日收盘价格 涨幅累计偏离30%以上，属于股票交易异常波动情况。经核实，公司前期披露的信息不存在需要更正、 补充之处，近期公司经营情况及内外部经营环境未发生重大变化，公司、控股股东和实际控制人不存在 关于公司的应披露而未披露的重大事项。 恒勃股份：目前经营情况正常 不存在公司应披露而未披露的重大事项 ...

证券代码：301225 证券简称：恒勃股份 公告编号：2025-023 恒勃控股股份有限公司 股票交易异常波动公告 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。 一、股票交易异常波动情况 针对公司股票交易异常波动，公司董事会对公司、控股股东及实际控制人就 相关问题进行了核实，现将相关情况说明如下： （一）公司前期披露的信息不存在需要更正、补充之处。 （二）公司未发现近期公共传媒报道了可能或已经对本公司股票交易价格产 生较大影响的未公开重大信息。 （三）近期公司经营情况及内外部经营环境未发生重大变化。 （四）经核实，公司、控股股东和实际控制人不存在关于本公司的应披露而 未披露的重大事项，或处于筹划阶段的重大事项。 （五）经核实，公司控股股东、实际控制人在股票异动期间不存在买卖公司 股票。 三、是否存在应披露而未披露信息的说明 公司董事会确认，本公司目前没有任何根据《深圳证券交易所创业板股票上 市规则》等有关规定应予以披露而未披露的事项或与该事项有关的筹划、商谈、 意向、协议等；董事会也未获悉本公司有根据《深圳证券交易所创业板股票上市 规则》等有关规定应予以披露 ...

Core Insights - Hengbo Co., Ltd. reported a revenue of 865 million yuan for 2024, representing a year-on-year growth of 10.15% [1] - The net profit reached 131 million yuan, with a year-on-year increase of 14.23% [1] - Basic earnings per share were 1.29 yuan, reflecting a growth of 1.57% year-on-year [1] Business Overview - The company's core business includes the R&D and production of intake systems for internal combustion engines and hybrid vehicles, fuel evaporation systems, thermal management systems for new energy vehicles, and cathode filtration systems for hydrogen fuel cells [1] - The traditional intake system business remains a stable revenue contributor, supported by market expansion and product optimization [1] New Energy Vehicle Developments - Hengbo Co., Ltd. has made significant progress in thermal management systems for new energy vehicles, which have become a new growth point for performance [1] - Products such as cooling water tanks and expansion tanks have achieved mature mass production, with major clients including GAC Group and Geely Group [1] - The company is also developing products like water-side diverters and coolant fluid modules, having secured 13 project development qualifications, with 7 already in mass production [1] R&D Investment - In 2024, the R&D expenditure reached 52.59 million yuan, a year-on-year increase of 15.05%, accounting for 6.08% of total revenue [2] - The company has consistently increased R&D investment over the past three years, focusing on various systems including ICE, HEV, fuel evaporation, and hydrogen fuel cell technologies [2] Hydrogen Energy Initiatives - Hengbo Co., Ltd. is advancing the application of hydrogen fuel cell components in medium and heavy-duty vehicles, exploring the market for hydrogen fuel cell passenger and commercial vehicles [2] - The company has developed key filtration efficiency parameters for fuel cell cathode filters and is testing new materials to enhance product performance [2] International Expansion - The company has successfully completed registration and land acquisition for a factory in Japan, with production expected to commence in 2025 [3] - This factory aims to reduce raw material costs and improve product quality while expanding into the Japanese and surrounding markets [3] - In Southeast Asia, the company has completed preliminary preparations for a project in Malaysia and is planning to establish a manufacturing network centered around Singapore, covering Malaysia, Thailand, and Indonesia [3]

Core Viewpoint - Hengbo Co., Ltd. reported a steady growth in revenue and profit for the year 2024, indicating a positive outlook for the company in the automotive and new energy sectors [1][2]. Financial Performance - The company achieved an operating income of 865 million yuan, a year-on-year increase of 10.15% - The net profit attributable to shareholders was 131 million yuan, reflecting a growth of 14.23% - Basic earnings per share stood at 1.29 yuan per share [1]. Business Segments - Hengbo Co., Ltd. specializes in the research, production, and sales of ICE & HEV intake systems, fuel evaporation systems, new energy vehicle thermal management systems, and hydrogen fuel cell cathode filtration systems [1]. - The traditional intake system business remains a stable revenue contributor, while the new energy vehicle thermal management systems have emerged as a significant growth driver [1][2]. Product Development and Innovation - The company has made notable advancements in thermal management systems for new energy vehicles, enhancing battery thermal management and improving vehicle range and safety [1]. - Hengbo has expanded its thermal management applications to data center cooling systems and charging station thermal management systems, showcasing its strong R&D capabilities and innovation [2]. R&D Investment - In 2024, the company allocated 52.59 million yuan for R&D, marking a 15.05% increase from the previous year [2]. - Hengbo has invested heavily in developing technologies across various sectors, filling domestic technological gaps and establishing a presence in the international supply chain [2]. Client Relationships - The company has strengthened its customer base by deepening partnerships with renowned international brands such as Honda, Yamaha, and Suzuki, as well as major domestic automakers like GAC Group, Geely Group, and Chery Group [2]. - Hengbo has successfully broken foreign monopolies in competitive bidding for high-performance intake systems [2]. Dividend Distribution - Hengbo Co., Ltd. plans to distribute a cash dividend of 4.20 yuan per 10 shares, totaling 42.63 million yuan [3]. - The total expected cash dividends and share buybacks for 2024 amount to 96.13 million yuan, representing 73.36% of the net profit attributable to shareholders [3].