中信建投证券股份有限公司关于四川侨源气体股份有限公司 2023 年半年度持续督导跟踪报告 二、保荐机构发现公司存在的问题及采取的措施 | 事 项 | 存在的问题 | 采取的措施 | | --- | --- | --- | | 1.信息披露 | 无 | 不适用 | | 2.公司内部制度的建立和执行 | 无 | 不适用 | | 3."三会"运作 | 无 | 不适用 | | 4.控股股东及实际控制人变动 | 无 | 不适用 | | 5.募集资金存放及使用 | 无 | 不适用 | | 6.关联交易 | 无 | 不适用 | | 7.对外担保 | 无 | 不适用 | | 8.收购、出售资产 | 无 | 不适用 | | 9.其他业务类别重要事项（包括对外投资、风 险投资、委托理财、财务资助、套期保值等） | 无 | 不适用 | | 10.发行人或者其聘请的中介机构配合保荐工 | 无 | 不适用 | 2 | 11.其他（包括经营环境、业务发展、财务状况、 | 无 | 不适用 | | --- | --- | --- | | 作的情况 管理状况、核心技术等方面的重大变化情况） | | | 三、公司及股东承诺事项履行情况 | 公司 ...

Financial Performance - In Q1 2023, the company reported a revenue increase of 29.06% year-on-year and a net profit increase of 119.48% [3] - In Q2 2023, revenue growth slowed to 18.05% year-on-year, with net profit growth at 85.39% [3] - The slowdown in Q2 was attributed to a low base from the previous year, despite both revenue and net profit showing quarter-on-quarter growth [3] Production Capacity - The company has the largest liquid air separation gas production line in Southwest China, with three new production bases under construction [3] - By the end of 2024, the company expects to achieve an annual production capacity of approximately 1.13 million tons of liquid oxygen, 380,000 tons of liquid nitrogen, 65,000 tons of liquid argon, and 25,000 tons of high-purity liquid oxygen, totaling 1.6 million tons [3] - Additionally, the company will have an annual pipeline gas production capacity of approximately 2.7 billion standard cubic meters [3] Market Strategy - The company aims to balance retail and pipeline gas while expanding into the specialty gas market [4] - The company is actively seeking opportunities for national and international expansion [4] Product Sales - The sales volume and price of retail gases are expected to fluctuate slightly but remain stable overall [4] - The company currently relies on external purchases to meet liquid argon demand due to insufficient self-production capacity [4] - Bottled gas accounts for approximately 6% of the company's revenue [4]

Financial Performance - The company reported a total revenue of 273,371,648.51 CNY for the first half of 2023, with a net profit of 11,785,071.81 CNY, reflecting a stable financial performance [71]. - The company's operating revenue for the reporting period was ¥496,444,890.14, representing an increase of 18.05% compared to the previous year [140]. - The net profit attributable to shareholders was ¥98,789,379.80, reflecting an 85.39% increase year-over-year [140]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥96,257,194.13, an increase of 84.53% compared to the same period last year [140]. - The net cash flow from operating activities was ¥12,333,230.85, up 87.15% from the previous year [140]. - The total assets at the end of the reporting period were ¥1,928,123,550.73, a 3.84% increase from the end of the previous year [140]. - The net assets attributable to shareholders at the end of the reporting period were ¥1,620,521,471.76, which is a 3.72% increase compared to the previous year [140]. - The basic earnings per share for the reporting period was ¥0.25, representing a 78.57% increase year-over-year [140]. - The company reported a revenue of ¥496,444,890.14 for the current period, representing an 18.05% increase compared to ¥420,551,566.64 in the same period last year, primarily due to increased sales volume [194]. - Operating costs increased by 11.72% to ¥329,049,114.22 from ¥294,528,234.47, attributed to higher sales volume [194]. - The financial expenses decreased significantly by 82.32% to ¥1,942,227.46, due to reduced borrowing and interest costs compared to the previous year [194]. Investments and Projects - The company is involved in the construction of a new production line for high-purity liquid gas with a capacity of 1300 Nm³/h [37]. - The company has a 30TPD high-purity special gas technical transformation project with an expected benefit of 941.66 million, which has not yet reached the planned progress [88]. - The company has a 26,000 TPD nitrogen recovery environmental protection and energy-saving technical transformation project, which is expected to be completed by December 31, 2024 [88]. - The company has a comprehensive intelligent management platform project with an investment of 4,000 million, which is expected to be completed by June 30, 2024 [88]. - The company has invested CNY 2,636,359.50 in the Ganjing Industrial Park supporting gas project, with a cumulative actual investment of CNY 272,996,805.42, achieving 73.78% of the planned progress and an expected return of CNY 1,415,750,000.00 [179]. - The 30TPD high-purity gas technical transformation project had an investment of CNY 964,309.43, with a cumulative actual investment of CNY 10,991,083.30, reaching 49.96% of the planned progress and an expected return of CNY 22,320,000.00 [179]. - The photovoltaic industry base supporting air separation production line construction project has a cumulative actual investment of CNY 186,926,764.83, achieving 84.97% of the planned progress and an expected return of CNY 1,413,972,000.00 [179]. Safety and Compliance - The company has established a comprehensive safety production responsibility system, achieving zero accidents in production processes during the reporting period [46]. - The company has implemented a comprehensive safety management system to mitigate risks associated with the production, storage, and transportation of its main products, which include oxygen, nitrogen, and argon [76]. - The company emphasizes the importance of safety and quality in its operations, adhering to national safety production laws and regulations [76]. - The company has maintained a harmonious labor relationship and was awarded "Model Labor Relations Harmonious Enterprise" for 2020-2022 [22]. - The company organized 22 emergency fire drills during the reporting period to enhance employee safety awareness [20]. - The company has not experienced any administrative penalties related to safety production during the reporting period [21]. Market Position and Strategy - The company is positioned as a leading player in the industrial gas sector in Southwest China, benefiting from the growing demand in various industries such as semiconductor and healthcare [155]. - The company has established a leading market position in the Sichuan-Chongqing region, with a focus on retail and pipeline gas, and has invested in multiple full-liquid air separation gas production lines since 2003 [169]. - The company aims to expand its market presence by focusing on customer needs and enhancing its product quality control processes [99]. - The company has a strategy to enhance its gas supply capabilities to support customer acquisition and market expansion [99]. - The company is focused on expanding its market share in the industrial gas sector, particularly in the southwestern and Fujian regions of China [187]. - The industrial gas industry in China has seen significant growth, becoming one of the most active markets globally, driven by rapid economic expansion and increased demand for industrial gas products [162]. Corporate Governance and Transparency - The report emphasizes the importance of accurate financial reporting and the absence of misleading statements or significant omissions [120]. - The company is committed to maintaining transparency and has outlined potential risks and countermeasures in its management discussion [120]. - The company has not engaged in any major related party transactions during the reporting period, ensuring operational integrity [55]. - The company has not reported any non-operating fund occupation by controlling shareholders or related parties [25]. - The company has not engaged in derivative investments or entrusted loans during the reporting period [96][97]. - The company has not disclosed any changes in its registered address or operational details during the reporting period [132]. Social Responsibility and Community Engagement - The company has actively participated in charitable activities, donating 20,000 yuan to support education in Luoyuan County [22]. - The report highlights the company's commitment to environmental and social responsibilities [135]. Operational Efficiency - The company operates a complete procurement, production, sales, and service system, ensuring a stable supply of industrial gases [184]. - The company has a strong logistics model, primarily relying on self-delivery, supported by qualified third-party delivery services to ensure efficient supply chain management [166]. - The company has a fleet of over 100 transport vehicles, ensuring delivery within a 300 km radius in one day [185]. - The company has established long-term stable partnerships with numerous high-quality customers in the region, enhancing its brand image and market presence [169]. - The company has established long-term relationships with major clients like Minmetals and Panzhihua Steel, but remains vigilant about credit risk management [99]. Challenges and Risks - Accounts receivable increased significantly by the end of the reporting period, posing a risk of bad debts due to potential adverse changes in the macroeconomic environment [99]. - The production cost of self-produced gases is heavily influenced by electricity prices, which account for over 70% of the total production cost [99]. - The industrial gas sector is characterized by a relatively stable revenue stream due to long-term contracts with customers, which mitigate the impact of economic fluctuations [163]. - The company has not experienced any major quality disputes since its establishment, reflecting its commitment to product quality and customer satisfaction [166].

四川侨源气体股份有限公司 1、报告期内，公司不存在控股股东、实际控制人及其他关联方占用公司资 金的情况，也不存在其他变相方式占用公司资金的情况；公司不存在以前年度发 生并延续至 2023 年 6 月 30 日的控股股东、实际控制人及其他关联方占用公司资 金的情况。 2、报告期内，公司不存在为控股股东、实际控制人及其关联方提供对外担 保的情形，也不存在以前年度发生并延续至 2023 年 6 月 30 日的前述情形；公司 不存在违规对外担保，也不存在损害上市公司和中小股东利益的情形。 （以下无正文） 独立董事关于第五届董事会第二次会议相关事项的独立意见 根据相关规定，作为四川侨源气体股份有限公司（以下简称"公司"）的独 立董事，在审阅相关文件后，现对公司第五届董事会第二次会议审议的相关事项 作出独立判断，并发表意见如下： 一、关于公司《2023 年半年度募集资金存放与使用情况的专项 报告》的独立意见 我们认为，公司 2023 年半年度募集资金的存放与使用情况符合中国证监会、 深圳证券交易所的相关规定，符合公司《募集资金管理制度》的有关规定，不存 在募集资金存放和使用违规的情况，不存在改变或者变相改变募集资金投向和 ...

证券代码：301286 证券简称：侨源股份 公告编号：2023-053 四川侨源气体股份有限公司 欢迎广大投资者积极参与！ 特此公告。 四川侨源气体股份有限公司董事会 2023年8月26日 本次业绩说明会将采用网络远程的方式，通过东方财富路演中心举行。投 资者可 登录东方财富路演中心（ http://roadshow.eastmoney.com/luyan/4334956），在线参与本次说明会。 出席本次说明会的人员有：公司董事长：乔志涌先生，财务总监、董事会 秘书：童瑶女士，独立董事：金智先生，保荐代表人：张翔先生。 为充分尊重投资者、提升交流的针对性，增进投资者对公司的了解和认同， 现就公司本次说明会提前向投资者公开征集问题，投资者可以在2023年9月5日 （星期二）16：00前，将相关问题以电子邮件的形式发送至本公司邮箱： tongy@qygas.com，公司将在业绩说明会上对投资者普遍关注的问题进行回答。 关于举行2023年半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。 四川侨源气体股份有限公司（以下简称"公司"）已于202 ...

| 非经营性资金占用 | 资金占用方名 | 占用方与上市公 | 上市公司核算 | 2023年期初占 | 2023年1-6月占用 | 2023年1-6 月占 | 2023年1-6月偿 | 2023年上半年 | 占用形成原因 占用性质 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | | | | 累计发生金额 | 用资金的利息 | | 度期末占用资 | | | | | 称 | 司的关联关系 | 的会计科目 | 用资金余额 | （不含利息） | （如有） | 还累计发生金额 | 金余额 | | | | 控股股东、实际控制人及 | 无 | | | | | | | | | | | 其附属企业 | | | | | | | | | | | | 小计 | - | - | - | | | | | | | - | | 前控股股东、实际控制人 | | | | | | | | | | | | 及其附属企业 | 无 | | | | | | | | | | | 小计 | - | - | - | | | | | | | - | | 其 ...

证券代码：301286 证券简称：侨源股份 公告编号：2023-048 四川侨源气体股份有限公司 第五届监事会第二次会议决议公告 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、误导性陈述或者重大遗漏。 一、监事会会议召开情况 四川侨源气体股份有限公司（以下简称"公司"）第五届监事会第二 次会议通知于 2023 年 8 月 14 日以书面或邮件方式送达全体监事。本次会 议于 2023 年 8 月 24 日以现场方式在公司会议室召开。本次会议应出席监 事 3 名，实际出席监事 3 名。本次会议由监事会主席陈娜女士召集并主 持。本次监事会会议的召集、召开和表决程序符合《公司法》和《公司章 程》的有关规定，会议合法有效。 二、监事会会议审议情况 1、审议通过《关于公司<2023 年半年度报告>全文及其摘要的议案》 表决结果：同意 3 票，反对 0 票，弃权 0 票。 三、备查文件 表决结果：同意 3 票，反对 0 票，弃权 0 票。 2、审议通过《关于公司<2023 年半年度募集资金存放与使用情况的 专项报告>的议案》 经审查，监事会认为：公司 2023 年半年度募集资金存放与使用情况 符 ...

证券代码：301286 证券简称：侨源股份 公告编号：2023-047 四川侨源气体股份有限公司 第五届董事会第二次会议决议公告 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、误导性陈述或者重大遗漏。 一、董事会会议召开情况 1、审议通过《关于公司<2023 年半年度报告>全文及其摘要的议案》 经审议，董事会认为：公司 2023 年半年度报告及其摘要符合法律法 规、中国证监会和深圳证券交易所的相关规定，《2023 年半年度报告》全 文及《2023 年半年度报告摘要》的相关内容真实、准确、完整地反映了公 司 2023 年半年度的财务状况和经营成果，不存在虚假记载、误导性陈述 和重大遗漏。 具体内容详见公司同日在巨潮资讯网（http://www.cninfo.com.cn） 上披露的《2023 年半年度报告》（公告编号：2023-051）及《2023 年半 年度报告摘要》（公告编号：2023-050）。《2023 年半年度报告摘要》同 时刊登在《中国证券报》《上海证券报》《证券时报》《证券日报》《经 济参考报》上。 表决结果：同意 5 票，反对 0 票，弃权 0 票。 2、审议通过《关 ...

一、募集资金基本情况 1、募集资金到位情况 经中国证券监督管理委员会《关于同意四川侨源气体股份有限公司首次公开 发行股票注册的批复》（证监许可〔2022〕578 号）注册同意，侨源股份向社会 公众公开发行人民币普通股（A 股）4,001.00 万股（以下简称"本次发行"）， 发行价格为 16.91 元/股，募集资金总额为 67,656.91 万元，扣除发行费用（不 含增值税）后，募集资金净额为 62,551.17 万元。大华会计师事务所（特殊普通 合伙）已于 2022 年 6 月 8 日对本次发行的募集资金到位情况进行了审验，并出 具了《四川侨源气体股份有限公司发行人民币普通股（A 股）4,001 万股后实收 股本的验资报告》（大华验字[2022]000333 号）。 证券代码：301286 证券简称：侨源股份 公告编号：2023-052 四川侨源气体股份有限公司 2023 年半年度募集资金存放与使用情况的专项报告 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、误导性陈述或者重大遗漏。 根据中国证券监督管理委员会《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 ...

证券代码：301286 证券简称：侨源股份 1 四川侨源气体股份有限公司 投资者关系活动记录表 | --- | --- | --- | |--------------------|--------------------------------|----------------------| | | | 编号：2023-002 | | | □ 分析师会议 | | | 投资者关系活动类别 | 业绩说明会□ 路演活动 | | | | （请文字说明其他活动内容） | | | 参与单位名 | | | | 称及人员姓 | 年度网上业绩说明会的全体投资者 | | | 名 | | | | 时间 | 15:00—17:00 | | | 地点 | | https://ir.p5w.net） | | | | | | | | | | 上市公司接 | | | | 待人员姓名 | | | | | | | | | | | | | | | | | | | | | | | | | | | | 投资者关系 | | | | 活动主要内容介绍 | | | | | | | | | | | | | | | | | | | | --- | |----- ...