证券代码：301307 证券简称：美利信 上市地点：深圳证券交易所 重庆美利信科技股份有限公司 重大资产购买报告书（草案）摘要 | 标的公司 | 交易对方 | | --- | --- | | VOIT Automotive GmbH （德国公司） | BIEG Invest Eng. & Bet. mbH | | | Voit Beteiligungs GmbH | | | Hendrik Otterbach（自然人） | | Voit Polska Sp. Z o.o. | BIEG Invest Eng. & Bet. mbH | | | Caroline Kneip（自然人） | | | Christopher Pajak（自然人） | | | Johannes Voit（自然人） | | （波兰公司） | Peter Buck（自然人） | | | Matthias Voit（自然人） | | | Zbigniew Psikus（自然人） | | | Krzysztof Tomasik（自然人） | 独立财务顾问 | 简称 | 指 | 全称 | | --- | --- | --- | | 重组报告书、 ...

长江证券承销保荐有限公司 （以下无正文） （本页无正文，为《长江证券承销保荐有限公司关于重庆美利信科技股份有限 公司本次交易信息发布前公司股票价格波动情况的核查意见》之签章页） 财务顾问主办人： 李海波 黄永安 关于重庆美利信科技股份有限公司 本次交易信息发布前公司股票价格波动情况的核查意见 重庆美利信科技股份有限公司（以下简称"公司"、"上市公司"）拟通过 全资子公司美利信科技国际有限公司（Millison Technologies International Limited） 在卢森堡设立全资子公司，以现金方式分别购买 BIEG Invest Eng. & Bet. mbH， Voit Beteiligungs GmbH，Hendrik Otterbach 持有的 VOIT Automotive GmbH 97% 股权，以及 BIEG Invest Eng. & Bet. GmbH，Christopher Pajak 等 7 名自然人持有 的 Voit Polska Sp. Z o.o. 100%股权（以下简称"本次交易"）。 经核查，公司就本次交易的首次公告日（2024 年 4 月 17 日）前连续 2 ...

（一）首次公开发行股份情况 关于重庆美利信科技股份有限公司 首次公开发行前已发行股份上市流通的核查意见 长江证券承销保荐有限公司（以下简称"长江保荐"、"保荐机构"）作为 重庆美利信科技股份有限公司（以下简称"美利信"、"公司"）持续督导之保 荐机构，根据《证券发行上市保荐业务管理办法》《深圳证券交易所创业板股票 上市规则》以及《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》等有关规定，对美利信首次公开发行前已发行股份上市流通的事 项进行了审慎核查，并发表如下意见： 一、首次公开发行前已发行股份概况 根据中国证券监督管理委员会《关于同意重庆美利信科技股份有限公司首次 公开发行股票注册的批复》（证监许可〔2023〕418号），重庆美利信科技股份 有限公司（以下简称"公司"）首次公开发行人民币普通股（A股）股票5,300.00万 股，并于2023年4月24日在深圳证券交易所创业板上市。首次公开发行股票完成 后公司总股本为21,060.00万股，其中有流通限制或限售安排的股份数量为 16,364.5589万股，占发行后总股本的比例为77.70%；无流通限制及限售安排的股 份数量4,695.4 ...

证券代码：301307 证券简称：美利信 公告编号：2024-067 重庆美利信科技股份有限公司 关于首次公开发行前已发行股份上市流通的提示性公告 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。 特别提示： 1、本次解除限售的股份为公司部分首次公开发行前已发行股份。 2、本次解除限售股东户数共计 8 户，解除限售股份数量为 5,456,520 股，占 公司发行后总股本的 2.5909%。 3、本次解除限售股份上市流通日期为 2024 年 10 月 24 日（星期四）。 一、首次公开发行前已发行股份概况 （一）首次公开发行股份情况 本次申请解除股份限售的股东为 8 名，分别为杨华、马名海、方小斌、汪学、 贾小东、蒋汉金、张汝泽、王双松。本次申请解除股份限售的股东在《首次公开 发行股票并在创业板上市招股说明书》或《与投资者保护相关的承诺》中做出的 承诺，具体内容如下： 1、公司通过深圳证券交易所关于首次公开发行股票并在创业板上市的审核 并经中国证监会同意发行注册后，自公司股票上市之日起十二个月内，本人不转 让或者委托他人管理本人直接或间接持有的公司首次公开发行股票 ...

证券代码：301307 证券简称：美利信 公告编号：2024-066 重庆美利信科技股份有限公司 关于重大资产购买事项的进展公告 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、本次交易的基本情况 重庆美利信科技股份有限公司（以下简称"公司"）拟通过全资子公司美利 信科技国际有限公司在卢森堡设立特殊目的公司，从 BIEG Invest Eng. & Bet. mbH，Voit Beteiligungs GmbH，Hendrik Otterbach 处以现金方式收购 VOIT Automotive GmbH 97%股权，并通过德国公司间接取得 Fonderie Lorraine S.A.S.51% 的股权；拟从 BIEG Invest Eng. & Bet. mbH，Caroline Kneip，Christopher Pajak， Johannes Voit，Peter Buck，Matthias Voit，Zbigniew Psikus 和 Krzysztof Tomasik 处 以现金方式收购 Voit Polska Sp. Z o.o.100%股权（ ...

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。 证券代码：301307 证券简称：美利信 公告编号：2024-065 重庆美利信科技股份有限公司 关于公司财务总监辞职的公告 曾林波先生的辞职不会影响公司相关工作的正常开展，在公司董事会聘任新 的财务总监之前，暂由公司董事长、总经理余亚军先生代行财务总监职责。公司 董事会对曾林波先生在任职期间为公司做出的贡献表示感谢。 特此公告。 重庆美利信科技股份有限公司董事会 2024 年 9 月 30 日 重庆美利信科技股份有限公司（以下简称"公司"）董事会于近日收到公司 财务总监曾林波先生提交的书面辞职申请，曾林波先生因个人原因申请辞去公司 财务总监职务。根据《公司法》《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、法规及《公司章程》等的规定，曾林波先生的辞职申请自辞职报告送达董 事会时生效，辞职后，曾林波先生将不再担任公司任何职务。 曾林波先生原定任期届满日为 2026 年 11 月 7 日。截至本公告披露日，曾林 波先生未持有公司股份，其与 ...

证券代码：301307 证券简称：美利信 公告编号：2024-064 重庆美利信科技股份有限公司 关于重大资产购买事项的进展公告 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、本次交易的基本情况 公司拟通过全资子公司香港美利信在卢森堡设立子公司，从 BIEG Invest Eng. & Bet. mbH，Voit Beteiligungs GmbH，Hendrik Otterbach 处以现金方式收购 VOIT Automotive GmbH 97%股权，并通过德国公司间接取得 Fonderie Lorraine S.A.S.51% 的股权；拟从 BIEG Invest Eng. & Bet. mbH，Caroline Kneip，Christopher Pajak， Johannes Voit，Peter Buck，Matthias Voit，Zbigniew Psikus 和 Krszystof Tomasik 处 以现金方式收购 Voit Polska Sp. Z o.o.100%股权（以下简称"本次交易"）。本次 交易预计构成重大资产重组，但不构 ...

证券代码：301307 证券简称：美利信 公告编号：2024-063 重庆美利信科技股份有限公司 关于对外担保的进展公告 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、担保情况概述 重庆美利信科技股份有限公司（以下简称"公司"）于 2024 年 4 月 12 日召开 第二届董事会第五次会议、第二届监事会第四次会议，2024 年 5 月 7 日召开 2023 年年度股东大会，审议通过《关于 2024 年度公司及子公司向金融机构申请综合 授信额度及提供担保并接受关联方担保的议案》，同意公司及全资子公司襄阳美 利信科技有限责任公司、重庆广澄模具有限责任公司、重庆市鼎喜实业有限责任 公司、安徽美利信智能科技有限公司、美利信科技国际有限公司和美利信科技国 际有限公司下属控股公司拟向金融机构申请不超过 426,500.00 万元的综合授信 额度，主要用于公司日常生产运营。在前述综合授信额度内，公司为子公司金融 机构授信金额提供担保，合计担保额度不超过人民币 226,500.00 万元。具体担保 授信金额及方式以最终签订的协议为准，有效期自公司 2023 年年度股东大 ...

Investment Rating - The report downgrades the investment rating of Meilixin (301307) from "Strong Buy" to "Buy" with a target price of 22.2 RMB [1] Core Views - Meilixin's H1 2024 revenue reached 1.65 billion RMB, up 3% YoY, but net profit attributable to the parent company was -18 million RMB, a significant decline from 121 million RMB in H1 2023 [1] - The company's automotive business revenue grew 37% YoY to 1.02 billion RMB, while communication business revenue declined 34% YoY to 560 million RMB [1] - Meilixin faces pressure from structural changes, depreciation, raw material costs, and impairment losses, with Q2 2024 net profit margin at 2.8%, down 11.0 percentage points YoY [1] Business Performance Automotive Business - The automotive business benefited from increased wholesale volumes of 1.04 million units from customer B, up 43% YoY, while T China and T Global saw declines [1] - New energy vehicles bring additional aluminum casting demand of 30-50kg per vehicle, worth 1,500-2,500 RMB per vehicle, driving the development of integrated die-casting [1] - Meilixin has advantages in large and medium-sized die-casting, with 8800T rear floor and battery pack already in production, and is developing a 13000T dual-chamber super-large body mold for Chery [1] Communication Business - Domestic 5G penetration is high, with 270,000 new 5G base stations added in both Q1 and Q2 2024 [1] - Global 5G penetration varies, with North America at 61%, Northeast Asia at 41%, GCC at 34%, and Western Europe at 25%, while other regions are mostly below 10% [1] - The company has a first-mover advantage in 5G base station structural cooling technology and is partnered with the top two global 5G base station equipment leaders [1] Financial Forecasts - Revenue is expected to grow from 3.19 billion RMB in 2023 to 4.80 billion RMB in 2026, with a CAGR of 14.6% [2] - Net profit attributable to the parent company is forecasted to be 46 million RMB in 2024, 129 million RMB in 2025, and 186 million RMB in 2026 [2] - The company's gross margin is projected to improve from 12.4% in 2024 to 14.9% in 2026 [3] Valuation - The report values Meilixin at 1.41x PB for 2024, corresponding to the target price of 22.2 RMB [1] - The P/E ratio is expected to decline from 79x in 2024 to 20x in 2026 as earnings improve [2]

Financial Performance - The company's operating revenue for the first half of 2024 was ¥1,653,901,257.26, representing a 2.70% increase compared to ¥1,610,450,590.62 in the same period last year[13]. - The net profit attributable to shareholders of the listed company was a loss of ¥18,471,680.04, a decrease of 115.26% from a profit of ¥121,029,927.78 in the previous year[13]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was a loss of ¥27,872,200.33, down 128.01% from ¥99,495,783.20 in the same period last year[13]. - The basic earnings per share were -¥0.09, a decline of 113.04% from ¥0.69 in the same period last year[13]. - The diluted earnings per share were also -¥0.09, reflecting a 113.04% decrease from ¥0.69 in the previous year[13]. - The weighted average return on net assets was -0.57%, down 6.24% from 5.67% in the previous year[13]. - The comprehensive gross profit margin was 11.34%, down by 7.10 percentage points from the previous year[34]. - The company reported a net loss attributable to shareholders of CNY 1,847,170.00, a decrease of 115.26% compared to the same period last year[34]. - The total comprehensive income for the first half of 2024 was -27,459,151.08 CNY, compared to 112,598,641.33 CNY in the same period of 2023[132]. Cash Flow and Investments - The net cash flow from operating activities increased by 41.33% to ¥338,277,115.97, compared to ¥239,360,660.44 in the previous year[13]. - The net cash flow from investing activities was negative CNY 533,961,262.23, a decline of 60.14% year-on-year[35]. - The company reported a significant decrease in investment amount, with CNY 80,532,840.00 in the current period compared to CNY 480,254,000.00 in the same period last year, representing a decline of 83.23%[42]. - The company completed a major equity investment in MCT Company, investing CNY 80,532,840.00 for a 100% stake, with the equity transfer completed as of June 12, 2024[43]. - The company has ongoing projects with a total investment of CNY 196,956,806.69, of which CNY 1,081,634,068.16 has been realized[45]. - The company has a total of CNY 267,378,937.41 in restricted assets, including CNY 221,551,988.91 in cash and CNY 39,140,000.00 in intangible assets[41]. Assets and Liabilities - Total assets at the end of the reporting period were ¥6,111,099,210.92, a 7.26% increase from ¥5,697,467,578.01 at the end of the previous year[13]. - The total liabilities increased to CNY 2,886,634,032.45 from CNY 2,430,225,957.27, representing an increase of approximately 18.8%[123]. - Long-term borrowings increased significantly to CNY 501,774,526.89, up by 4.09 percentage points from the previous year[38]. - The company's equity attributable to shareholders decreased to CNY 3,219,729,752.07 from CNY 3,262,946,072.06, a decline of about 1.3%[123]. Research and Development - Research and development expenses amounted to CNY 77,114,684.35, accounting for 4.66% of the operating revenue[34]. - The company has established four development platforms for new energy vehicles, covering battery pack components, control units, and large structural parts, enhancing its competitive edge in the market[24]. - The company has increased its investment in R&D and fixed assets to expand market share and strengthen competitive advantages despite short-term sales challenges[33]. - The company has implemented a sustainable R&D model driven by customer needs, ensuring controlled risks and quality in new product development[21]. Market and Product Development - The company specializes in the R&D, production, and sales of aluminum alloy precision die-casting parts for the communication and automotive sectors, including 4G and 5G communication base station components[17]. - The company is expanding its production bases globally, with new facilities in North America and Europe, enhancing its ability to respond quickly to customer needs[21]. - The company plans to strengthen its dual-driven development strategy focusing on 5G communication and "new energy + intelligent connected" vehicles, aiming to solidify its market position in 5G base stations and expand its automotive customer base[22]. - The company achieved operating revenue of 1,653.90 million yuan, a year-on-year increase of 2.70%, with automotive components revenue growing by 36.89% to 1,023.95 million yuan, while communication components revenue decreased by 33.50% to 555.88 million yuan[21]. Environmental and Social Responsibility - The company achieved a total environmental protection investment of 16.77 million yuan and reported an environmental protection tax of 138,386.5 yuan during the reporting period[78]. - The air pollution control efficiency reached 99% through the use of bag and filter dust removal methods, with daily operation of environmental protection facilities meeting national and local standards[78]. - The company actively participates in social responsibility initiatives, including donations of 50,000 yuan to the Chongqing Children's Rescue Foundation[84]. - The company has received no administrative penalties related to environmental issues during the reporting period[78]. Corporate Governance and Compliance - The company has experienced changes in its board of directors, with several resignations and new appointments in May 2024[74]. - The company has not reported any changes in the number of shares held by major shareholders during the reporting period[113]. - The company has no significant related party transactions during the reporting period[95]. - The company’s financial report for the first half of 2024 has not been audited[120]. Risks and Challenges - The company faces risks from fluctuations in raw material prices, particularly aluminum alloy, which significantly impacts gross margins[67]. - The automotive sector's demand is closely tied to macroeconomic conditions, and any downturn could adversely affect the company's production and profitability[65]. - The company is exposed to risks from global trade tensions, which could affect customer demand and operational costs in the automotive market[66]. - The company acknowledges the risk of innovation failure, which could negatively impact its market competitiveness and profitability[65].