上海锦天城（重庆）律师事务所 关于 重庆溯联塑胶股份有限公司 2025年限制性股票激励计划（草案）的 法律意见书 二〇二五年四月 | | | | 释 义 1 | | --- | | 一、实行本次股权激励计划的条件 5 | | 二、本激励计划内容的合法合规性 6 | | 三、实施本激励计划所需履行的法定程序 26 | | 四、本激励计划激励对象的确定 27 | | 五、本激励计划的信息披露 29 | | 六、关于公司是否为激励对象提供财务资助 29 | | 七、本激励计划对公司及全体股东利益的影响 30 | | 八、关于关联董事是否回避表决 30 | | 九、结论意见 30 | 锦天城律师事务所 法律意见书 释 义 本法律意见书中，除非文义另有所指，下列词语或简称具有如下含义： | 本所 | 指 | 上海锦天城（重庆）律师事务所 | | --- | --- | --- | | 本所律师 | 指 | 上海锦天城（重庆）律师事务所委派出具本法律意见书的律师 | | 公司、溯联股份 | 指 | 重庆溯联塑胶股份有限公司 | | 《激励计划（草 | 指 | 《重庆溯联塑胶股份有限公司 2025 年限制性股票激励计划（草 ...

证券简称：溯联股份 证券代码：301397.SZ 重庆溯联塑胶股份有限公司 2025年限制性股票激励计划 （草案） 二〇二五年四月 1 / 46 声明 本公司及全体董事、监事保证本激励计划及其摘要不存在虚假记载、误导性 陈述或重大遗漏，并对其真实性、准确性、完整性承担个别和连带的法律责任。 本公司所有激励对象承诺，公司因信息披露文件中有虚假记载、误导性陈述 或者重大遗漏，导致不符合授予权益或权益解除限售/归属安排的，激励对象应当 自相关信息披露文件被确认存在虚假记载、误导性陈述或者重大遗漏后，将由本 激励计划所获得的全部利益返还公司。 2 / 46 重庆溯联塑胶股份有限公司 2025 年限制性股票激励计划（草案） 特别提示 一、《重庆溯联塑胶股份有限公司2025年限制性股票激励计划（草案）》系 重庆溯联塑胶股份有限公司依据《中华人民共和国公司法》《中华人民共和国证 券法》《上市公司股权激励管理办法》《深圳证券交易所创业板股票上市规则》 《深圳证券交易所创业板上市公司自律监管指南第1号——业务办理》等相关法律、 行政法规、规范性文件，以及《重庆溯联塑胶股份有限公司章程》制定。 二、本激励计划采取的激励工具为限制 ...

证券代码：301397 证券简称：溯联股份 公告编号：2025-019 2、本次发行证券种类、数量 本次发行证券的种类为人民币普通股（A 股），每股面值人民币 1.00 元。发行 股票募集资金总额不超过人民币 3 亿元且不超过最近一年末净资产的 20%。发行 数量按照募集资金总额除以发行价格确定，不超过发行前公司股本总数的 30%。 若公司股票在定价基准日至发行日期间发生送股、资本公积金转增股本或因 其他原因导致本次发行前公司总股本发生变动及本次发行价格发生调整的，则本 次发行数量的上限将进行相应调整。最终发行数量以中国证券监督管理委员会（以 下简称"中国证监会"）同意注册的数量为准，并根据询价结果由董事会根据股东 会授权与保荐机构（主承销商）协商确定。 重庆溯联塑胶股份有限公司 关于提请股东会授权董事会以简易程序向特定对象发行股票的公告 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。 重庆溯联塑胶股份有限公司（以下简称"公司"）于 2025 年 4 月 23 日召开第 三届董事会第十四次会议，审议通过了《关于提请股东会授权董事会以简易程序向 特定对象发行股票 ...

溯联股份（301397）公告，2024年营业收入为12.42亿元，同比增长22.89%；归属于上市公司股东的净 利润为1.23亿元，同比下降18.72%；基本每股收益为1.03元/股。公司拟向全体股东每10股派发现金红利 8元(含税)，以资本公积金向全体股东每10股转增3股。 ...

Financial Performance - The company's operating revenue for 2024 reached ¥1,241,822,202.91, representing a 22.89% increase compared to ¥1,010,519,689.47 in 2023[5]. - The net profit attributable to shareholders decreased by 18.72% to ¥122,526,724.46 in 2024 from ¥150,754,546.21 in 2023[5]. - The net profit after deducting non-recurring gains and losses was ¥108,148,945.27, down 17.62% from ¥131,276,733.76 in the previous year[5]. - The net cash flow from operating activities was negative at -¥98,698,064.25, a decline of 211.95% compared to ¥88,165,335.24 in 2023[5]. - Basic earnings per share fell by 40.12% to ¥1.03 in 2024 from ¥1.72 in 2023[5]. - Total assets increased by 9.96% to ¥2,527,874,492.43 at the end of 2024, up from ¥2,298,850,775.50 at the end of 2023[5]. - The company reported a weighted average return on equity of 6.30%, down 5.40% from 11.70% in 2023[5]. Dividend and Profit Distribution - The company plans to distribute a cash dividend of 8 RMB per 10 shares (including tax) and to increase capital by issuing 3 additional shares for every 10 shares held[4]. - The total distributable profit for the year is reported at 331,972,503.05 CNY, with cash dividends accounting for 100% of the total profit distribution[196]. - The board of directors has approved the profit distribution plan, which includes a capital reserve increase of 3 shares for every 10 shares held[196]. - The cash dividend distribution is subject to the approval of the annual shareholders' meeting scheduled for 2024[197]. - The company has not proposed any stock dividends for the current reporting period, focusing solely on cash distributions[196]. Corporate Governance - The financial report ensures the accuracy and completeness of the financial statements, with all board members present for the meeting[4]. - The company has established a governance structure that includes a board of directors with 9 members, 3 of whom are independent directors, ensuring compliance with relevant laws and regulations[141]. - The board of directors convened 7 meetings during the reporting period, providing a solid foundation for the company's strategic planning and development[141]. - The supervisory board held 5 meetings, effectively overseeing major company matters and ensuring compliance with legal and regulatory requirements[142]. - The company emphasizes transparency in information disclosure, having published 17 investor relations activity records during the reporting period[146]. - The company maintains independence from its controlling shareholders in terms of assets, personnel, finance, and operations, ensuring a complete and independent business system[149]. Risk Management - The company emphasizes the importance of risk awareness regarding future plans and performance forecasts, highlighting potential risk factors in the management discussion section[4]. - The company is addressing macroeconomic and industry policy risks by actively developing new customers and expanding into overseas markets[128]. - The company is working to reduce customer concentration risk by optimizing its customer structure and increasing orders from other quality clients[129]. - The company is implementing measures to mitigate raw material price risks, including signing price agreements with suppliers and increasing strategic stockpiling[130]. - The company has established independent business units and specialized technical teams to mitigate risks associated with new technology development and ensure alignment with industry trends[132]. Research and Development - The company holds 108 patents, including 33 invention patents and 72 utility model patents, reflecting its strong innovation capabilities[36]. - The company is focusing on developing new products for the new energy vehicle market, including high-performance fluid management systems[85]. - Research and development expenses increased by 28.12% year-on-year, reflecting the hiring of new technical personnel and the development of new products[86]. - The research and development expense ratio for 2024 was 5.29%, with significant advancements in new product development, including high-pressure air suspension components and new cooling pipe products[66]. - The company aims to maintain high R&D investment in 2025, focusing on the development of liquid cooling products for data centers and enhancing collaboration with international automotive brands[121]. Market and Industry Trends - The Chinese economy is projected to grow by 5.0% in 2024, with the automotive sector benefiting from policy stimuli such as "trade-in" programs[27]. - In 2024, China's automobile production and sales reached 31.28 million and 31.44 million units, respectively, marking year-on-year growth of 3.7% and 4.5%[29]. - New energy vehicles (NEVs) saw production and sales of 12.89 million and 12.87 million units, with year-on-year growth of 34.4% and 35.5%, respectively, accounting for 40.9% of total new car sales[29]. - The market share of domestic brands in the passenger car segment increased to 65.2%, up by 9.2 percentage points compared to the previous year[29]. - The demand for automotive components, particularly in battery, motor, and electronic control systems, remains robust due to the rapid development of the NEV market[33]. Operational Performance - The company's production capacity for automotive fluid pipeline assemblies is 58,319.6 units, with an output of 52,993.8 units and sales of 47,584.5 units, resulting in a capacity utilization rate of 90.87% and a sales-to-production ratio of 89.79%[47]. - The production of automotive fluid pipeline assemblies increased by 51.10% year-on-year, while sales grew by 26.77%, primarily due to a significant rise in sales of new energy vehicle pipelines and changes in the product structure for new models[48]. - The company generated sales revenue of approximately ¥675.68 million from the production of 2,916.46 units of new energy vehicle fluid pipeline assemblies[51]. - The company has established partnerships with over 30 domestic vehicle manufacturers and more than 100 automotive parts suppliers, expanding its customer base in the new energy sector[41]. - The company achieved a revenue of 1,241.82 million yuan in 2024, representing a year-on-year growth of 22.89%, primarily due to an increase in customers and the continuous ramp-up of new products[63]. Employee and Management Structure - The total number of employees at the end of the reporting period is 1,634, with 823 in the parent company and 811 in major subsidiaries[185]. - The company has a total of 2,529 employees receiving salaries during the reporting period[185]. - The professional composition of employees includes 1,304 production personnel, 153 technical personnel, and 36 sales personnel[185]. - The company has established a competitive salary management system to ensure fair compensation for employees[186]. - The total remuneration for directors, supervisors, and senior management during the reporting period amounted to CNY 6.1741 million[177]. Investment and Financial Management - The company has committed a total investment of RMB 39,220.36 million for various projects, with a cumulative investment of RMB 37,101.70 million, achieving a progress rate of 94.59%[110]. - The automotive plastic parts project has an investment of RMB 25,141.36 million, with a cumulative input of RMB 23,371.93 million, achieving 92.96% of the planned investment[110]. - The company plans to use RMB 20,000 million of the excess raised funds to permanently supplement working capital, which is 25.25% of the total excess funds[110]. - The company has completed the buyback of shares amounting to RMB 2,999.95 million, achieving 100% of the planned buyback[110]. - The company has established a new subsidiary with an investment of CNY 16,000,000.00, fully funded by its own capital, focusing on technology services and new energy technology research and development[101].

Financial Performance - The company's revenue for Q1 2025 reached ¥339,460,130.73, representing a 47.22% increase compared to ¥230,579,335.07 in the same period last year[5] - Net profit attributable to shareholders was ¥33,512,222.40, a 3.08% increase from ¥32,511,747.75 year-on-year[5] - The company's net profit for the current period is CNY 33,465,192.97, an increase from CNY 32,511,747.75 in the previous period, representing a growth of approximately 2.93%[21] - Operating profit for the current period is CNY 39,127,379.10, compared to CNY 34,941,732.16 in the previous period, indicating an increase of about 11.67%[21] - The total operating revenue for the first quarter of 2025 was RMB 339,460,130.73, compared to RMB 230,579,335.07 in the same period last year, representing an increase of approximately 47.3%[20] - The company's net profit for the first quarter of 2025 showed a significant increase, driven by higher revenue and controlled costs[20] - The total comprehensive income for the current period is CNY 33,465,192.97, which is an increase from CNY 32,511,747.75 in the previous period[21] Cash Flow and Liquidity - The net cash flow from operating activities improved significantly to ¥160,501,421.13, compared to a negative cash flow of -¥55,405,074.44 in the previous year, marking a 389.69% increase[5] - Cash flow from operating activities shows a net inflow of CNY 160,501,421.13, a significant improvement from a net outflow of CNY -55,405,074.44 in the previous period[23] - The cash and cash equivalents decreased to RMB 107,098,071.41 from RMB 412,748,082.22 at the beginning of the period, indicating a reduction in liquidity[17] - Total cash and cash equivalents at the end of the period is CNY 101,731,104.44, down from CNY 306,296,011.09 in the previous period[24] - The net cash flow from financing activities is CNY -70,935,431.18, worsening from CNY -36,742,091.67 in the previous period[24] Expenses and Costs - The total operating costs for the first quarter of 2025 were RMB 306,559,257.53, up from RMB 197,633,427.51 in the previous year, reflecting an increase of about 55%[20] - The company reported a significant increase in sales expenses by 33.61% to ¥10,080,504.82, attributed to the expansion of sales teams in East China and Su Lian Intelligent Control[8] - Research and development expenses rose by 37.51% to ¥17,628,262.92, driven by the establishment of new R&D teams and increased investment in new products and materials[8] - The company incurred income tax expenses of CNY 5,619,070.43, compared to CNY 2,473,128.92 in the previous period, reflecting an increase of approximately 127.56%[21] Assets and Shareholder Information - Total assets increased by 2.11% to ¥2,581,133,001.74 from ¥2,527,874,492.43 at the end of the previous year[5] - The total number of common shareholders at the end of the reporting period is 10,617[10] - Major shareholder Han Zongjun holds 31.40% of shares, totaling 37,656,000 shares[10] - Major shareholder Han Xiao holds 21.79% of shares, totaling 26,136,000 shares[10] - The company reported total equity attributable to shareholders of RMB 1,982,777,642.60, an increase from RMB 1,948,537,504.14 at the beginning of the period[19] Investments and Future Plans - The company plans to invest RMB 280 million to establish an intelligent factory for new energy vehicle fluid pipeline systems in Liyang Economic Development Zone[12] - The project company for the above investment has completed business registration and is expected to finish construction and start production within the year[12] - The company will invest RMB 469 million to build an intelligent manufacturing base for new energy vehicle components in Jiangbei District, Chongqing[13] - The land for the Chongqing project has been successfully auctioned, and construction permits have been obtained[14] Share Repurchase and Dividends - The company plans to distribute a cash dividend of RMB 8 per 10 shares and increase capital by 2.5 shares per 10 shares based on the total share capital after excluding treasury shares[14] - The total number of shares held by the company's repurchase account is 1,103,490, accounting for 0.92% of the total share capital[11] - The company approved a share repurchase plan using part of the raised funds, with a total repurchase amount between RMB 30 million and RMB 60 million, at a price not exceeding RMB 56.69 per share[15] - As of the announcement date, the company has repurchased a total of 1,103,490 shares, accounting for 0.92% of the total share capital[15]

2025 年 03 月 02 日 汽车尼龙管路龙头，积极拓展数据中心业务 —溯联股份（301397.SZ）公司动态研究报告 买入(首次) 投资要点 | 分析师：宝幼琛 | S1050521110002 | | --- | --- | | baoyc@cfsc.com.cn | | | 分析师：任春阳 | S1050521110006 | | rency@cfsc.com.cn | | | 分析师：林子健 | S1050523090001 | | linzj@cfsc.com.cn | | | 基本数据 | 2 0 2 5-0 2-2 8 | | --- | --- | | 当前股价（元） | 37.43 | | 总市值（亿元） | 45 | | 总股本（百万股） | 120 | | 流通股本（百万股） | 55 | | 52 周价格范围（元） | 20.01-42.28 | | 日均成交额（百万元） | 61.06 | 市场表现 -40 -20 0 20 40 60 (%) 溯联股份 沪深300 资料来源：Wind，华鑫证券研究 相关研究 ▌汽车尼龙管路龙头，业绩整体稳步增长 公司是一家专业从事汽车用尼龙流体 ...

汽车尼龙管路龙头，积极拓展数据中心业务 2025 年 03 月 02 日 —溯联股份（301397.SZ）公司动态研究报告 买入(首次) 投资要点 | 分析师：宝幼琛 | S1050521110002 | | --- | --- | | baoyc@cfsc.com.cn | | | 分析师：任春阳 | S1050521110006 | | rency@cfsc.com.cn | | | 分析师：林子健 | S1050523090001 | | linzj@cfsc.com.cn | | | 基本数据 | 2 0 2 5-0 2-2 8 | | --- | --- | | 当前股价（元） | 37.43 | | 总市值（亿元） | 45 | | 总股本（百万股） | 120 | | 流通股本（百万股） | 55 | | 52 周价格范围（元） | 20.01-42.28 | | 日均成交额（百万元） | 61.06 | 市场表现 -40 -20 0 20 40 60 (%) 溯联股份 沪深300 资料来源：Wind，华鑫证券研究 相关研究 ▌汽车尼龙管路龙头，业绩整体稳步增长 公司是一家专业从事汽车用尼龙流体 ...

重庆溯联塑胶股份有限公司 证券代码：301397 证券简称：溯联股份 公告编号：2025-006 2025 年 2 月 20 日 | 账户名称 | 开户机构 | 资金账号 | | --- | --- | --- | | 重庆溯联塑胶股份有限公司 | 海通证券股份有限公司 | 0350104909 | | 重庆溯联塑胶股份有限公司 | 华安证券股份有限公司 | 8770007025 | | 重庆溯联塑胶股份有限公司 | 东方财富证券股份有限公司重庆江 北嘴证券营业部 | 500100014209 | 根据《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》 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 法律法规的相关规定，上述账户将专用于暂时闲置募集资金进行现金管理的专用结 算，不会用于存放非募集资金或用作其他用途。 特此公告。 重庆溯联塑胶股份有限公司董事会 关于开立募集资金现金管理专用结算账户的公告 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。 重庆溯联塑胶股份有限公司（以下简称"公司"）于 2024 年 ...

证券代码：301397 证券简称：溯联股份 公告编号：2025-005 一、股份回购的实施情况 重庆溯联塑胶股份有限公司 1、2024 年 3 月 21 日，公司首次通过回购专用证券账户以集中竞价交易方式回购公 司股份 14,955 股，占公司当时总股本的 0.01%。具体内容详见公司在巨潮资讯网披露的 《关于首次回购公司股份的公告》（公告编号：2024-007）。 2、根据《回购指引》等相关规定，回购股份期间公司应当在每个月的前三个交易日 内披露截至上月末的回购进展情况。在回购期间，公司分别于 2024 年 4 月 2 日、2024 年 5 月 7 日、2024 年 6 月 4 日、2024 年 7 月 2 日、2024 年 8 月 2 日、2024 年 9 月 3 日、 2024 年 10 月 9 日、2024 年 11 月 4 日、2024 年 12 月 3 日、2025 年 1 月 3 日披露了《关 于回购公司股份的进展公告》（公告编号：2024-008、2024-022、2024-024、2024-026、 2024-031、2024-044、2024-048、2024-054、2025-001）。 ...