浙商证券股份有限公司 关于浙江涛涛车业股份有限公司 增加使用闲置募集资金进行现金管理额度的核查意见 一、募集资金基本情况 经中国证券监督管理委员会证监许可〔2022〕2752号文《关于同意浙江涛涛 车业股份有限公司首次公开发行股票注册的批复》同意注册，公司向社会公开发 行人民币普通股2,733.36万股，发行价格为每股人民币73.45元，募集资金总额为 人民币200,765.29万元，扣除各项不含税发行费用人民币14,243.32万元后，实际 募集资金净额为人民币186,521.97万元。 本次募集资金已于 2023 年 3 月 14 日全部到位，天健会计师事务所（特殊普 通合伙）已于 2023 年 3 月 14 日对公司首次公开发行股票的资金到位情况进行了 审验，并出具了"天健验〔2023〕87 号"《验资报告》。公司已开设了募集资金专 项账户，对募集资金采取了专户存储，并与募集资金专户银行、保荐人签订了《募 集资金专户三方/四方监管协议》。 二、募集资金投资计划 公司本次募集资金投资项目及募集资金使用计划如下： 单位：万元 | 序 号 | 项目名称 | 投资总额 | 募集资金计划 投资金额 | 实施主体 ...

证券代码：301345 证券简称：涛涛车业 公告编号：2024-034 表决结果：同意7票，反对0票，弃权0票。 浙江涛涛车业股份有限公司 第三届董事会第二十次会议决议公告 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、误导性陈述或重大遗漏。 一、会议召开情况 浙江涛涛车业股份有限公司（以下简称"公司"）第三届董事会第二十次会 议经全体董事一致同意，本次会议豁免通知时限要求，会议通知于2024年5月8 日以电子邮件方式发出。会议于2024年5月9日在公司会议室以现场结合通讯方式 召开。董事长曹马涛先生在会议上就本次会议的情况进行了说明。本次会议应出 席董事7人，实际出席董事7人，其中以通讯表决方式出席会议的董事有曹马涛、 娄杭、梅亚宝、叶晓平，公司监事、高级管理人员列席了本次会议。会议由董事 长曹马涛先生召集并主持。本次会议的召集、召开符合相关法律法规及《浙江涛 涛车业股份有限公司章程》的规定，决议合法有效。 二、会议审议情况 本次会议审议了如下议案： 1、审议并通过《关于增加使用闲置募集资金进行现金管理额度的议案》 经审议，董事会认为：在确保不影响募集资金投资项目建设和公司正常生 ...

证券代码：301345 证券简称：涛涛车业 公告编号：2024-035 浙江涛涛车业股份有限公司 第三届监事会第十八次会议决议公告 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、误导性陈述或重大遗漏。 一、会议召开情况 浙江涛涛车业股份有限公司（以下简称"公司"）第三届监事会第十八次会议经全 体监事一致同意，本次会议豁免通知时限要求，会议通知于2024年5月8日以专人送达方 式发出。会议于2024年5月9日在公司会议室以现场方式召开。本次会议应出席监事3人， 实际出席监事3人，会议由监事会主席朱飞剑召集并主持。本次会议的召集、召开符合 相关法律法规及《浙江涛涛车业股份有限公司章程》的规定，决议合法有效。 三、备查文件 1、第三届监事会第十八次会议决议。 特此公告。 浙江涛涛车业股份有限公司监事会 2024 年 5 月 9 日 二、会议审议情况 本次会议审议了如下议案： 1、审议并通过《关于增加使用闲置募集资金进行现金管理额度的议案》 经审议，监事会认为：公司本次增加使用闲置募集资金（含超募资金）进行现金管 理额度，不影响募集资金投资项目建设、不影响公司正常生产经营，不存在变相改变募 ...

证券代码：301345 证券简称：涛涛车业 公告编号：2024-033 截至 2024 年 4 月 30 日，公司通过股份回购专用证券账户以集中竞价交易方 式回购公司股份 443,159 股，占公司当前总股本的 0.41%，最高成交价为 62.37 元/股，最低成交价为 49.60 元/股，交易总金额为 24,962,311.90 元（不含交易 费用）。 本次回购符合相关法律、行政法规的要求，符合公司既定的回购方案。 二、其他说明 浙江涛涛车业股份有限公司 关于股份回购进展情况的公告 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。 浙江涛涛车业股份有限公司（以下简称"公司"）于 2024 年 2 月 2 日召开 第三届董事会第十七次会议，审议通过了《关于回购公司股份方案的议案》，同 意公司自董事会审议通过该回购方案之日起不超过 12 个月内，使用不低于人民 币 5,000 万元（含本数）且不超过人民币 10,000 万元（含本数）的自有资金， 以集中竞价交易方式回购公司部分已发行的人民币普通股（A 股）股票（以下简 称"本次回购"），用于实施员工持股计划或股权 ...

持续督导期 2024 年培训情况报告 深圳证券交易所： 浙商证券股份有限公司 关于浙江涛涛车业股份有限公司 浙商证券股份有限公司（以下简称"浙商证券"或"保荐人"）作为浙江涛涛车 业股份有限公司（以下简称"涛涛车业"或"公司"）首次公开发行股票并上市的保 荐人，根据《证券发行上市保荐业务管理办法》《深圳证券交易所上市公司自律 监管指引第 13 号—保荐业务》等法规和规则的相关规定以及涛涛车业的实际情 况，认真履行保荐人应尽的职责，对涛涛车业董事、监事、高级管理人员及其他 相关人员进行了 2024 年度持续督导后续培训，现将相关培训情况报告如下： 一、培训基本情况 1、培训时间：2024 年 4 月 19 日 2、培训地点：涛涛车业三楼会议室 3、培训对象：涛涛车业董事、监事、高级管理人员及其他相关人员 4、培训方式：保荐人采取现场讲座形式进行培训 二、培训的主要内容 （一）详细介绍上市公司募集资金使用、持续督导事项和公司治理，并结合 相关案例进行讲解。 （二）重点介绍了《国务院关于加强监管防范风险推动资本市场高质量发展 的若干意见》《上市公司独立董事管理办法》《上市公司信息披露管理办法》等最 新法规变动情况， ...

证券研究报告 汽车｜ 摩托车及其他 成本端和渠道端双优势，新业务快速拓展 涨跌幅比较 | --- | --- | --- | --- | --- | |--------------|---------|---------|---------|---------| | -39% 2023-04 | 2023-07 | 2023-10 | 2024-01 | 2024-04 | | % | | 1M | 3M | 12M | | 涛涛车业 | | 24.21 | 29.12 | 58.29 | | 摩托车及其他 | | 5.30 | 24.46 | -12.99 | | --- | --- | --- | --- | --- | --- | |---------------------|-------|-------|-------|-------|-------| | 预测指标 | 2022A | 2023A | 2024E | 2025E | 2026E | | 主营收入 ( 亿元 ) | 17.66 | 21.44 | 30.80 | 38.31 | 46.04 | | 归母净利润 ( 亿元 ) | 2.0 ...

0.00% 2.00% 4.00% 6.00% 8.00% 10.00% 12.00% 14.00% 16.00% 18.00% 归母净利率 扣非净利率 请务必参阅正文后面的信息披露和法律声明 11 / 34 海外高尔夫球车泛指场地电动车市场。国内市场，场地电动车指旅游景区/高尔 夫球场等特定区域使用的专用车辆。海外市场，场地电动车最早应用于高尔夫球行 业，因此高尔夫球车也泛指场地电动车。根据是否可上公共道路，美国市场又可将 高尔夫球车分为合法上路车辆（取得 LSV 认证认定为 LSV 车辆，或得到相应州地区 法律允许）以及非合法上路车辆。 汽车/摩托车及其他 ——公司首次覆盖报告 | --- | --- | |-------------------------|-------------| | 日期 | 2024/4/24 | | 当前股价 ( 元 ) | 73.21 | | 一年最高最低 ( 元 ) | 80.48/43.50 | | 总市值 ( 亿元 ) | 80.04 | | 流通市值 ( 亿元 ) | 21.48 | | 总股本 ( 亿股 ) | 1.09 | | 流通股本 ( 亿股 ) | 0.2 ...

| --- | --- | |------------------------------|------------| | | | | | | | ＃市场 ma 数 rk 据 etData ＃ | | | 市场数据日期 | 2024-04-23 | | 收盘价（元） | 76.20 | | 总股本（百万股） | 109.33 | | 流通股本（百万股） | 29.33 | | 净资产（百万元） | 2977.89 | | 总资产（百万元） | 4084.56 | | 每股净资产(元 ) | 27.24 | 证券研究报告 ＃＃iinndduussttrryyIIdd＃＃ 摩托车 ＃investSuggestion＃ 投资要点 ＃sum事ma件ry：＃ 公司发布 2023 年年报及 2024 年一季报。2023 年公司实现营收 21.44 亿元，同比+21.44%；归母净利润 2.80 亿元，同比+36.09%；扣非归母净利 润为 2.70 亿元，同比+32.00%；毛利率为 37.60%，同比+1.85pct：归母净利 率为 13.08%，同比+1.40pct。23Q4 实现营收 7.98 亿元，同比+42.1 ...

Investment Rating - The investment rating for the company is "Buy" [12][21]. Core Insights - The company successfully raised a net amount of 1.865 billion yuan through its IPO in March 2023, which will support the development of new product lines and market expansion [10]. - The company has launched new projects including the production of 40,000 large-displacement special vehicles and 30,000 smart electric low-speed vehicles, along with establishing a marketing network and a production base in Vietnam [10]. - In 2023, the company's revenue reached 2.144 billion yuan, a year-on-year increase of 21.44%, and the net profit attributable to the parent company was 280 million yuan, up 36.09% [10][21]. - For Q1 2024, the company reported a revenue of 520 million yuan, representing a 49.06% year-on-year growth, with a net profit of 51 million yuan, up 45.89% [10][21]. - The company has increased its market share in the high-end consumer market, with its self-owned brand sales accounting for 62.85% in 2023, an increase from 2022 [11]. Financial Projections - Revenue forecasts for 2024, 2025, and 2026 are 3.017 billion yuan, 3.699 billion yuan, and 4.329 billion yuan respectively, with growth rates of 41%, 23%, and 17% [12][23]. - The net profit attributable to the parent company is projected to be 404 million yuan in 2024, 496 million yuan in 2025, and 593 million yuan in 2026, with growth rates of 44%, 23%, and 20% respectively [12][23]. - The diluted EPS is expected to be 3.69 yuan in 2024, 4.53 yuan in 2025, and 5.42 yuan in 2026 [12][23].

Financial Performance - The company's revenue for Q1 2024 reached ¥519,895,243.01, representing a 49.06% increase compared to ¥348,779,858.82 in the same period last year[5] - Net profit attributable to shareholders was ¥50,873,633.37, up 45.89% from ¥34,870,998.77 year-on-year[5] - The net cash flow from operating activities increased by 57.65% to ¥250,443,927.39, compared to ¥158,856,500.16 in Q1 2023[5] - The company reported total operating revenue of RMB 519,895,243.01 for Q1 2024, an increase of 49% compared to RMB 348,779,858.82 in the same period last year[21] - The net profit for the first quarter of 2024 was CNY 50,873,633.37, an increase of 45.9% compared to CNY 34,870,998.77 in the same period last year[23] - Operating profit reached CNY 70,138,400.19, up from CNY 41,167,134.81, reflecting a growth of 70.5% year-over-year[23] - Total revenue from operating activities was CNY 761,101,358.44, compared to CNY 459,937,701.54 in the previous year, marking a 65.5% increase[26] - The company reported a total comprehensive income of CNY 51,676,447.46, compared to CNY 34,756,848.21, indicating a 48.7% increase[24] - Basic earnings per share increased to CNY 0.47 from CNY 0.43, reflecting a growth of 9.3%[24] Expenses and Costs - Research and development expenses surged by 142.61% to ¥29,328,090.85, reflecting the company's commitment to increasing R&D efforts[8] - The gross profit margin for Q1 2024 was impacted by a 58.92% increase in operating costs, which totaled ¥325,067,587.76 compared to ¥204,545,024.20 in the previous year[8] - Total operating costs for Q1 2024 were RMB 456,597,033.61, up 46% from RMB 313,259,201.58 in Q1 2023[21] - The income tax expense increased by 287.80% to ¥19,163,964.42, driven by a rise in total profit[8] - The company reported a tax expense of CNY 19,163,964.42, compared to CNY 4,941,726.06, reflecting a significant increase of 287.5%[23] Assets and Liabilities - Total assets as of March 31, 2024, amounted to ¥4,084,563,481.65, a 7.84% increase from ¥3,787,483,622.84 at the end of the previous year[5] - The company's cash and cash equivalents increased to RMB 2,352,202,141.02 as of March 31, 2024, compared to RMB 1,937,506,697.96 at the beginning of the year, reflecting a growth of 21%[18] - Total liabilities increased to RMB 1,106,671,480.25 from RMB 845,651,208.25, marking a rise of 31%[20] - The company's net profit for the period is not explicitly stated but can be inferred from the increase in retained earnings to RMB 924,642,372.21 from RMB 873,768,738.84, an increase of 6%[21] Shareholder Information - Total number of common shareholders at the end of the reporting period is 11,051[10] - Zhejiang Zhongtao Investment Co., Ltd. holds 41.16% of shares, totaling 45,000,000 shares[10] - Cao Matao directly holds 26.07% of shares, totaling 28,500,000 shares[10] - The total number of restricted shares at the beginning of the period was 84,037,440, with 4,037,440 shares released during the period[14] - The remaining restricted shares at the end of the period are 80,000,000[14] - The first release date for restricted shares held by Zhejiang Zhongtao Investment Co., Ltd. and Cao Matao is September 21, 2026[13] - New investors include Tibet Zhefuyuanfeng Investment Management Co., Ltd. with 500,000 shares[14] - The company has no preferred shareholders or changes in limited shares during the reporting period[12] - The top ten shareholders do not participate in margin trading[11] - The company has a clear structure of related party relationships among major shareholders[11] Cash Flow and Financing - The cash flow from financing activities generated a net inflow of CNY 289,492,412.37, down from CNY 1,896,078,489.55 in the previous year[28] - The company plans to use between RMB 50 million and RMB 100 million for share repurchase to implement employee stock ownership plans or equity incentives within 12 months[15] - The company repurchased 357,859 shares, accounting for 0.33% of the total share capital, with a total transaction amount of RMB 19,723,259.90[15] Accounts Receivable and Inventory - The company experienced a 33.84% decrease in accounts receivable, which fell to ¥389,071,914.32, attributed to higher collections from major clients[8] - Accounts receivable decreased to RMB 389,071,914.32 from RMB 588,103,440.61, a reduction of 34%[18] - Inventory increased to RMB 774,799,337.76, up from RMB 714,804,667.80, representing a growth of 8%[18] Credit and Impairment - The company incurred a credit impairment loss of CNY 8,255,013.14, compared to CNY 5,124,203.48 in the previous year, indicating a rise of 61.5%[23]