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坚朗五金: 招商证券股份有限公司关于广东坚朗五金制品股份有限公司变更部分募集资金用途及实施进度的核查意见
Zheng Quan Zhi Xing· 2025-06-16 12:27
Summary of Key Points Core Viewpoint The company has made adjustments to the use of raised funds and the implementation progress of its projects, which is aimed at optimizing resource allocation and enhancing operational efficiency in response to current market conditions and strategic planning. Group 1: Fundraising Overview - The company raised a total of RMB 601.94 million through the issuance of 32,345,013 shares at a price of RMB 18.61 per share, with a net amount of RMB 592.14 million after deducting issuance costs [1][2] - The funds were fully received by August 19, 2024, and have been verified by an accounting firm [1] Group 2: Investment Project Adjustments - The company has decided to terminate the "Zhongshan Digital Intelligent Industrial Park Project" and redistribute the originally allocated RMB 200 million to three other projects: "Prefabricated Metal Composite Decorative Material Construction Project," "Information System Upgrade Project," and "Headquarters Automation Upgrade Project" [1][2] - The total investment for the adjusted projects is RMB 220.34 million, with RMB 59.21 million already invested, representing a progress rate of 77.06% as of May 31, 2025 [1][2] Group 3: Specific Project Details - The "Zhongshan Digital Intelligent Industrial Park Project" has a total investment of RMB 1.03 billion, with RMB 114.38 million invested so far, achieving 57.19% of the funding progress [2][3] - The "Prefabricated Metal Composite Decorative Material Construction Project" has an adjusted total investment of RMB 243.40 million, with plans to enhance production capacity for various metal products [4][5] - The "Information System Upgrade Project" has a total investment of RMB 109.51 million, aimed at improving digital marketing and operational efficiency [6][7] - The "Headquarters Automation Upgrade Project" has a total investment of RMB 155.96 million, focusing on replacing old equipment with more efficient technology to reduce costs and improve productivity [8][10] Group 4: Strategic Implications - The adjustments in project funding and implementation are designed to enhance the company's competitive edge and align with long-term strategic goals, ensuring that the interests of all shareholders are protected [11][12] - The board and supervisory committee have approved these changes, emphasizing their alignment with the company's operational needs and market conditions [11][12][13]
好博窗控IPO终止,严监管下业绩稳定性、经销商隐患成焦点
Xin Jing Bao· 2025-05-16 03:44
Core Viewpoint - Shenzhen Haobo Window Control Technology Co., Ltd. (referred to as "Haobo Window Control") has withdrawn its application for an initial public offering (IPO) after nearly two years and four audit suspensions, indicating challenges in meeting regulatory scrutiny under the new registration system [1][2]. Company Overview - Haobo Window Control, established in 2013, is a provider of system window control devices and overall solutions. The company initiated its IPO plan in March 2023 and faced multiple rounds of inquiries from the Shenzhen Stock Exchange [2]. Financial Performance - The compound annual growth rate (CAGR) of Haobo Window Control's revenue from 2021 to 2023 was 24.89%, with revenues of 668 million, 800 million, and 1.042 billion yuan respectively. However, revenue for the first half of 2024 showed a year-on-year decline of 2.46% [6][7]. - The company's revenue from authorized distributors increased from 378 million yuan in 2021 to 607 million yuan in 2023, with a proportion of total revenue rising from 56.66% to 62.83% [3][6]. Sales Model and Distribution - Haobo Window Control employs a combined direct sales and distribution model, collaborating with 15 authorized distributors. The company has added three new distributors while exiting one during the reporting period [3][4]. - The company faced scrutiny regarding the stability of its revenue and the concentration of its distribution channels, which could impact operational stability [3][4]. Regulatory Scrutiny - The company experienced rigorous scrutiny under the new registration system, with the Shenzhen Stock Exchange requiring detailed verification of distributor data and compliance with financial disclosures [4][5]. - The exchange mandated that the underwriting institution conduct on-site visits to all 15 authorized distributors to ensure data accuracy and authenticity [4]. Industry Context - The building hardware industry in China is characterized by over 4,000 companies, with a low concentration level. The demand for home window hardware primarily stems from new residential construction and renovations [6]. - The overall market for home window hardware has been affected by a downturn in the real estate sector, leading to a decline in new construction and renovation activities [7]. Legal Issues - Haobo Window Control is involved in multiple intellectual property disputes, with 171 ongoing cases, primarily related to design patent infringements. These disputes could potentially hinder the company's brand image and market expansion plans [9][10].
坚朗五金举办线上交流,表示海外收入占比呈持续上升
Huan Qiu Wang· 2025-03-31 01:02
上述人士还提到,在高度离散的市场格局下,市场需求还有很大的发展空间。公司在依托海外市场的持续深耕、新产品线的快速孵化以及精 益化管理能力的强化,将在行业调整周期中把握结构性机遇。 特别针对公司的海外布局,上述人士详细分析指出,2024年公司海外业务收入占比突破13%,海外市场持续发力。从单季度数据来看,海外 收入占比呈持续上升态势,单四季度的海外收入占比远超全年平均水平。 在海外收入增长的进程中,葡萄牙子公司业绩出现了约20%的下滑,这也是公司主动对葡萄牙公司业务进行战略性调整;自营渠道的海外板 块延续了2024年前三季度的良好增长态势,增长率接近 20%。 【环球网财经综合报道】3月30日,上市公司坚朗五金(002791.SZ)发布了《投资者关系活动记录表》,披露公司与长江证券、申万宏源、 平安调研证券举办了线上交流,公司董事会秘书殷建忠、财务总监邹志敏等管理层人士出席,并解答投资机构代表提问。 公开数据显示,2024年公司累计实现归母净利润约8998万、同比下降72%,营业收入66.38亿、同比下降 14.9%,第四季度降幅低于前三季 度;毛利率相对稳定,同比略有下降。对此,公司管理层人士表示,面对市场变 ...