证券代码：600173 证券简称：卧龙新能 公告编号：临 2025-050 卧龙新能源集团股份有限公司 关于收到上海证券交易所对公司重大资产出售暨关联交易草案 的问询函的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或 者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 卧龙新能源集团股份有限公司（以下简称"公司"、"卧龙新能"）于 2025 年 5 月 产出售暨关联交易方案的议案》等议案，并于 2025 年 5 月 23 日在《上海证券报》、 《证券时报》和上海证券交易所网站（www.sse.com.cn）披露了相关公告。 能源集团股份有限公司重大资产出售暨关联交易草案信息披露的问询函》（上证公函 【2025】0775 号）（以下简称"《问询函》"）。根据相关规定，现将《问询函》内容 公告如下： （以下 简称草案） ，拟以现金方式向公司间接控股股东卧龙控股集团有限公司（以下简称卧 龙控股）的全资子公司浙江卧龙舜禹投资有限公司（以下简称卧龙舜禹）出售公司持 有的卧龙矿业（上海）有限公司（以下简称上海矿业）90%股权。经审阅草案，现有 如下问题需要公司作出说明并补充披露。 团 ...

Investment Rating - The report maintains a "Buy" rating for the company [4][6]. Core Viewpoints - The company is expected to achieve a total revenue of RMB 2.35 billion in 2024, representing a year-on-year growth of 16.4%, and a net profit attributable to the parent company of RMB 160 million, reflecting an 11.9% increase [1]. - The company is expanding its product offerings and customer base, particularly in the electric steering gear and new energy sectors, while also entering the robotics market to establish a second growth curve [3]. - The gross margin is projected to improve in the future despite short-term pressure due to new project ramp-ups [2]. Summary by Sections Financial Performance - In 2024, the company anticipates a revenue increase of 16.4% to RMB 2.35 billion and a net profit increase of 11.9% to RMB 160 million. The first quarter of 2025 is expected to show a revenue increase of 29.7% year-on-year [1]. - The gross margin for 2024 is expected to be 24.0%, with a slight increase in operating expenses [2]. Business Development - The company is actively pursuing new projects and expanding its global footprint, including establishing a subsidiary in Thailand and a new factory in Yangzhou [3]. - A joint venture for robotics development is planned, indicating a strategic move into the robotics sector [3]. Profitability and Valuation - The report projects a decrease in net profit estimates for 2025 and 2026 by 15% and 5% respectively, but introduces a new estimate for 2027 at RMB 434 million [4]. - The company’s earnings per share (EPS) is expected to grow from RMB 0.88 in 2024 to RMB 1.16 in 2025, with a projected price-to-earnings (P/E) ratio decreasing from 39 in 2024 to 29 in 2025 [5][12].