Group 1: Company Overview and Operations - The company is actively expanding its business in civil aviation and international markets while continuing to develop products for aerospace and petrochemical industries [2][3] - The company has established long-term supply relationships with major domestic enterprises and is a core supplier for various military and civilian projects [4][6] - As of March 10, 2024, the total number of shareholders is 38,129 [7] Group 2: Product Applications and Innovations - The company's high-temperature and high-performance alloys are applicable in marine engineering equipment [3] - The company is involved in the development of new materials for nuclear engineering projects and has become a core supplier for certain domestic nuclear power station projects [4] - The company has obtained 46 invention patents and 20 utility model patents, showcasing its strong technical capabilities [4] Group 3: Financial Performance and Future Plans - In 2024, the company achieved overseas revenue of 9.33 million yuan, with plans to steadily expand its international market presence [4][6] - The profit distribution plan for 2024 includes a cash dividend of 1.17 yuan per 10 shares, with implementation expected within two months after the annual shareholders' meeting [5] - The company is committed to enhancing its market value and providing sustainable returns to investors through effective management and operational strategies [6] Group 4: Market Position and Challenges - The company's stock price performance is influenced by macroeconomic conditions and industry trends, but the outlook for its product applications remains positive [6] - The company is exploring new product applications, including potential uses in robotics and intelligent products, although it has not yet entered this market [7]

有色、钢铁行业 行业研究 | 行业周报 2 月制造业 PMI 超预期，关注钢铁板块投 资机会 ——有色钢铁行业周观点（2025 年第 9 周） 核心观点 投资建议与投资标的 风险提示 国内宏观经济增速放缓；美国通胀增速放缓；原材料价格波动 国家/地区 中国 行业 有色、钢铁行业 报告发布日期 2025 年 03 月 03 日 看好（维持） 刘洋 021-63325888*6084 liuyang3@orientsec.com.cn 执业证书编号：S0860520010002 香港证监会牌照：BTB487 | 供给优化需求改善，积极关注稀土产业链 | 2025-02-23 | | --- | --- | | 投 资 机 会 ： — — 有 色 钢 铁 行 业 周 观 点 | | | （2025 年第 8 周） | | | 欧洲引领非美市场制造业前景改善，关注 | 2025-02-16 | | 铜矿股投资机会：——有色钢铁行业周观 | | | 点（2025 年第 7 周） | | | 关税或推升避险与通胀，关注黄金股投资 | 2025-02-09 | | 机会：——有色钢铁行业周观点（2025 年 | | | 第 ...

Investment Rating - The industry investment rating is Neutral, maintained [10] Core Viewpoints - The current market is focused on whether production restrictions will be implemented and if the rise in steel stocks can be sustained. These two issues are not necessarily equivalent. The current supply-side reform may reflect a more nuanced approach compared to the "one-size-fits-all" model of 2016, requiring a more detailed process and timeline. Even if production restrictions are implemented in the short term, their intensity may not match that of 2016. The core of the current steel stock rally lies in the fundamentals and valuations being at a double bottom, with supply-side reform expectations merely providing a catalyst for upward elasticity. Recent high-frequency data shows stabilization, with production and inventory levels remaining low, maintaining a weak balance in the steel fundamentals [2][8] Summary by Sections Demand and Supply Dynamics - Seasonal recovery in demand is ongoing, with the apparent consumption of steel rising by 4.87% week-on-week, although it is down 0.88% year-on-year. Long products increased by 12.26% week-on-week but decreased by 6.72% year-on-year, while flat products saw a slight increase of 0.45% week-on-week and a year-on-year increase of 3.44%. The average daily transaction volume of construction steel was 105,700 tons, up by 170 tons week-on-week [5][6] - Daily molten iron production slightly increased to 2.2794 million tons, up by 4,300 tons per day week-on-week. The production of five major steel products rose by 0.91% week-on-week but fell by 1.75% year-on-year [5][6] Inventory Levels - National total inventory increased by 0.75% week-on-week, remaining at historically low levels. Specifically, long product inventory rose by 1.49% week-on-week but fell by 35.54% year-on-year, while flat product inventory decreased by 0.22% week-on-week and fell by 6.15% year-on-year [6] Price Trends - Recent price trends show that Shanghai rebar dropped to 3,310 CNY/ton, down by 90 CNY/ton week-on-week, while Shanghai hot-rolled steel fell to 3,410 CNY/ton, down by 50 CNY/ton week-on-week. The estimated profit margin for rebar is approximately 48 CNY/ton below the breakeven line [6][8] Market Sentiment and Investment Opportunities - The market sentiment indicates that steel stocks have performed well under the backdrop of supply-side reform expectations, outperforming black commodities. Unlike previous rounds of supply-side reform, this time, leading stocks have also shown strong performance, reflecting a shift in market perception towards steel leaders as having growth attributes rather than being purely cyclical stocks. The focus remains on the dual bottom of fundamentals and valuations, presenting investment opportunities in steel stocks [7][8][22]

浙江久立特材科技股份有限公司（以下简称"公司"）于 2024 年 10 月 14 日 召开第七届董事会第七次会议，审议通过了《关于回购公司股份的议案》。公司 决定通过集中竞价交易方式以自有资金或自筹资金回购公司股份，用于员工持股 计划或股权激励计划和转换上市公司未来发行可转换为股票的公司债券。本次回 购价格不超过人民币 28.00 元/股（含），用于回购的资金总额不低于人民币 1.5 亿 元且不超过人民币 3 亿元（均含本数），本次回购股份的实施期限为自董事会审 议通过回购方案之日起 12 个月内。具体内容详见公司在《证券时报》、《上海证 券报》和巨潮资讯网（www.cninfo.com.cn）披露的《关于回购公司股份方案的公 告暨回购报告书》（公告编号：2024-050）。 根据《上市公司股份回购规则》《深圳证券交易所上市公司自律监管指引第 9 号——回购股份》等相关规定，上市公司在回购期间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。公司现将回购进展情况公告如下： 一、 股份回购的进展情况 公司已在中国证券登记结算有限责任公司深圳分公司开立了股份回购专用 账户。截至 2024 年 11 月 ...

证券代码:002318 证券简称:久立特材 公告编号:2024-057 近日，根据中国人民银行、金融监管总局、中国证监会发布的《关于设立股 票回购增持再贷款有关事宜的通知》，经公司与中国建设银行股份有限公司湖州 分行（以下简称"建行湖州分行"）协商一致，建行湖州分行出具了《中国建设 银行贷款承诺书》，同意为公司提供股票回购专项贷款，贷款金额不超过 20,000 万元（人民币），贷款期限 1 年。除上述贷款外，本次回购的其余资金为公司自 有资金。 《中国建设银行贷款承诺书》的获得可为公司回购股份提供专项融资支持， 公司将根据贷款资金实际到账情况、资金使用规定和市场情况在回购期限内择机 实施本次回购计划，严格遵守贷款资金"专款专用，封闭运行"的原则。 特此公告。 浙江久立特材科技股份有限公司董事会 2024 年 11 月 15 日 浙江久立特材科技股份有限公司 关于收到《贷款承诺书》暨获得回购公司股份融资支持的 自愿性信息披露公告 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。 公司于 2024 年 10 月 14 日召开第七届董事会第七次会议，审议通过了《关 于 ...

Revenue and Profit - Revenue for the third quarter was RMB 2.31 billion, a decrease of 3.23% year-over-year[3] - Net profit attributable to shareholders for the third quarter was RMB 400.85 million, an increase of 1.31% year-over-year[3] - Operating income rose by 16.07% to 7,143,204,732.22 RMB[7] - Net profit attributable to shareholders decreased by 5.68% to 1,044,958,715.20 RMB[7] - The company's operating income for the period from the beginning of the year to the reporting date was RMB 7,143,204,732.22, compared to RMB 6,154,060,066.61 in the same period last year[17] - Net profit attributable to parent company shareholders reached RMB 1,044,958,715.20, compared to RMB 1,107,874,616.30 in the same period last year[18] - Sales revenue from goods and services reached RMB 8,028,334,867.08, up from RMB 6,375,564,127.88 year-over-year[19] - Total comprehensive income attributable to parent company shareholders was RMB 1,043,880,457.07, compared to RMB 1,105,734,744.50 year-over-year[19] Assets and Liabilities - Total assets as of the end of the reporting period were RMB 13.95 billion, an increase of 7.19% compared to the end of the previous year[3] - Accounts receivable increased by 36.88% to RMB 1.53 billion, mainly due to increased sales and extended payment terms for large projects[6] - Inventory increased by 56.36% to RMB 3.82 billion, primarily due to production preparation for existing orders and increased stock for single orders[6] - Fixed assets increased by 3.62% to RMB 2.67 billion[6] - Construction in progress increased by 28.40% to RMB 318.60 million[6] - Accounts payable increased by 76.61% to 1,148,750,908.96 RMB due to expanded procurement scale and improved supplier credit[7] - Contract liabilities grew by 17.23% to 2,696,326,103.66 RMB[7] - The company's total assets as of September 30, 2024, amounted to RMB 13,951,695,207.99, an increase from RMB 13,016,027,034.79 at the beginning of the year[13][14][15][16] - The company's inventory as of September 30, 2024, was RMB 3,818,104,710.61, an increase from RMB 2,441,932,383.70 at the beginning of the year[14] - The company's accounts receivable as of September 30, 2024, was RMB 1,527,197,273.67, an increase from RMB 1,115,741,593.88 at the beginning of the year[14] - The company's total current assets as of September 30, 2024, were RMB 9,434,842,281.24, compared to RMB 8,637,527,423.88 at the beginning of the year[14] - The company's total non-current assets as of September 30, 2024, were RMB 4,516,852,926.75, compared to RMB 4,378,499,610.91 at the beginning of the year[14] - The company's total current liabilities as of September 30, 2024, were RMB 5,729,552,893.85, compared to RMB 5,157,818,606.22 at the beginning of the year[15] - The company's total non-current liabilities as of September 30, 2024, were RMB 403,715,779.69, compared to RMB 406,330,525.23 at the beginning of the year[15] - Total assets under construction and long-term assets payments amounted to RMB 467,228,238.85, up from RMB 346,142,826.04 year-over-year[21] Cash Flow - Net cash flow from operating activities dropped by 6.74% to 370,127,524.57 RMB[7] - Net cash flow from investing activities decreased by 833.43% to -1,682,709,319.73 RMB due to investments in financial products and fixed assets[7] - Net cash flow from financing activities surged by 17876.20% to -867,827,634.54 RMB due to repayment of bank loans and share repurchases[7] - Operating cash flow was RMB 370,127,524.57, a decrease from RMB 396,895,203.93 in the previous year[21] - Investment cash flow showed a net outflow of RMB 1,682,709,319.73, compared to a net inflow of RMB 229,430,280.30 last year[21] - Cash and cash equivalents at the end of the period were RMB 1,467,836,344.52, down from RMB 2,565,225,778.81 at the same time last year[22] Shareholder and Equity Information - The company's weighted average return on equity (ROE) for the reporting period was 5.42%, a decrease of 0.47 percentage points year-over-year[3] - The company's basic earnings per share (EPS) for the third quarter was RMB 0.42, an increase of 2.44% year-over-year[3] - The company's largest shareholder, Jiuli Group Co., Ltd., holds 34.52% of the shares[8] - The company completed its share repurchase plan, repurchasing 15,606,660 shares, accounting for 1.60% of the total shares[11] - Basic earnings per share were RMB 1.09, down from RMB 1.14 in the same period last year[19] Government Subsidies and R&D - Government subsidies received during the reporting period amounted to RMB 22.68 million[4] - R&D expenses increased to RMB 287,068,555.07, up from RMB 254,560,817.23 year-over-year[18] Subsidiary and Guarantees - The company provided guarantees for its subsidiary Eisenbau Krämer GmbH to secure bank credit lines[10] Interest Income - Interest income increased to RMB 86,144,232.05, up from RMB 51,182,532.25 year-over-year[18]

证券代码:002318 证券简称:久立特材 公告编号:2024-045 浙江久立特材科技股份有限公司 鉴于公司 2023 年度权益分派已实施完毕，公司对本次回购股份的价格上限 进行了调整，公司回购股份价格上限由不超过人民币 28.00 元/股（含）调整为不 超过人民币 27.53 元/股（含），自 2024 年 5 月 30 日生效。 一、 股份回购进展情况 根据《上市公司股份回购规则》《深圳证券交易所上市公司自律监管指引第 9 号——回购股份》等相关规定，上市公司在回购期间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。公司现将回购进展情况公告如下： 截至 2024 年 8 月 31 日，公司通过回购专用证券账户以集中竞价交易方式已 累计回购股份 14,595,460 股，占公司当前总股本的 1.49%，最高成交价为 19.7 元 /股，最低成交价为 18.69 元/股，成交总金额为 280,721,017.9 元（不含交易费用 等）。 1 上述回购资金来源为公司自有资金，回购价格未超过回购方案中拟定的价格 上限；符合相关法律法规及公司既定回购股份方案的要求。 二、其他说明 公司回购股份的实施符 ...

证券代码：002318 证券简称：久立特材 公告编号：2024-042 浙江久立特材科技股份有限公司 关于向银行申请授信额度及担保事项的公告 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。 特别提示： 本次被担保对象为资产负债率超过70%的全资孙公司，敬请投资者注意相关 风险。 一、担保情况概述 浙江久立特材科技股份有限公司（以下简称"公司"）于2024年8月28日召开 第七届董事会第六次会议和第七届监事会第五次会议，审议通过了《关于向银行 申请授信额度及担保事项的议案》。为了更好地实施公司发展战略，满足全资孙 公司Eisenbau Krämer GmbH（以下简称"EBK公司"）未来业务增长及营运资 金需求，公司拟向中国建设银行股份有限公司湖州分行（以下简称"建设银行"） 申请授信额度人民币21,500万元，相关授信额度可用于流动资金贷款、承兑、开 立信用证、出具保函和跨境直贷通等；向德国商业银行股份有限公司上海分行（以 下简称"德商银行"）申请授信额度欧元3,000万元（约折合人民币23,600万元）， 相关授信额度可用于申请开立各类保函，包括备用信用证、 ...

浙江久立特材科技股份有限公司 风险管理制度 （2024 年 8 月修订） 第一章 总则 第一条 为规范浙江久立特材科技股份有限公司（以下简称"公司"）的风险管理， 建立规范、有效的风险控制体系，提高风险防范能力，保证公司安全、稳健运行，提 高经营管理水平，根据《中华人民共和国公司法》、《企业内部控制基本规范》、《深 圳证券交易所上市公司自律监管指引第 1 号——主板上市公司规范运作》等有关法 律规定及《公司章程》、公司其他内部控制制度的规定，并结合公司实际情况，特制 定本制度。 第二条 本制度旨在公司为实现以下目标提供合理保证： （一）将风险控制在与总体目标相适应并可承受的范围内； （二）实现公司内外部信息沟通的真实、可靠； （三）确保法律法规的遵循； （四）提高公司经营的效益及效率； （五）确保公司建立针对各项重大风险发生后的危机处理计划，使其不因灾害性 风险或人为失误而遭受重大损失。 第三条 公司风险是指未来的不确定性对公司实现其经营目标的影响。 第四条 按照公司目标的不同对风险进行分类，公司风险分为：战略风险、经营 风险、财务风险、法律风险和投融资风险。 （一）战略风险：没有制定或制定的战略决策不正确， ...

浙江久立特材科技股份有限公司 2024年半年度非经营性资金占用及其他关联资金往来情况汇总表 [注1] 湖州先登良时商业有限公司原名上海先登良时商业有限公司，于2024年5月13日更名并办理工商变更登记。 [注2] [注3]主要系本期汇率变动引起的汇兑损失。 法定代表人：李郑周 主管会计工作负责人：章琳金 会计机构负责人：潘鑫红 编制单位：浙江久立特材科技股份有限公司 单位：人民币万元 | 非经营性资金占用 | 资金占用方名称 | 占用方与上市公 | 上市公司核算 | 2024年期初占 | 2024年1-6月占 用累计发生金额 | 2024年1-6月占 | 2024年1-6月偿 | 2024年6月末占 | 占用形成原因 | 占用性质 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | 司的关联关系 | 的会计科目 | 用资金余额 | （不含利息） | 用资金的利息 | 还累计发生金额 | 用资金余额 | | | | 控股股东、实际控制 | | | | | | | | | | 非经营性占用 | | 人及其附属企业 ...