卧龙资源集团股份有限公司2024 年年度报告 公司代码：600173 公司简称：卧龙地产 卧龙资源集团股份有限公司 卧龙资源集团股份有限公司2024 年年度报告 重要提示 一、本公司董事会、监事会及董事、监事、高级管理人员保证年度报告内容的真实性、准确性、 完整性，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 二、 公司全体董事出席董事会会议。 三、 中兴华会计师事务所（特殊普通合伙）为本公司出具了标准无保留意见的审计报告。 四、公司负责人王希全、主管会计工作负责人宋燕及会计机构负责人（会计主管人员）陈群芬 声明：保证年度报告中财务报告的真实、准确、完整。 五、 董事会决议通过的本报告期利润分配预案或公积金转增股本预案 经中兴华会计师事务所（特殊普通合伙）审计，截至2024年12月31日，公司归属于母公司股 东的净利润40,862,860.78元，母公司可供分配的利润为人民币2,734,839,547.37元。根据《公司法 》及《公司章程》的有关规定，公司2024年度拟不进行利润分配，未分配利润转入以后年度。该 预案尚需提交公司2024年年度股东大会审议。 六、 前瞻性陈述的风险声明 √ ...

Core Viewpoint - Wolong New Energy is undergoing a strategic transformation by selling 90% of its stake in Wolong Mining to focus on the renewable energy sector, as indicated by the recent inquiry from the Shanghai Stock Exchange regarding the asset sale [2][4]. Group 1: Asset Sale and Financial Impact - Wolong New Energy plans to sell 90% of its stake in Wolong Mining to Zhejiang Wolong Shunyu Investment Co., Ltd. for 22,050 million yuan, which reflects a valuation of 22,690 million yuan for 100% of the mining company, resulting in a 22.49% appreciation [3][4]. - The mining trade business accounted for 68.6% of Wolong New Energy's total revenue in 2024, generating 2.477 billion yuan, but it experienced a 28.62% year-on-year decline [3][6]. - The projected gross margin for Wolong Mining from 2025 to 2029 is expected to decline, with estimates ranging from 1.96% to 2.12% [3][4]. Group 2: Strategic Shift to Renewable Energy - Wolong New Energy has made several acquisitions in the renewable energy sector, including Dragon Energy, Wolong Energy Storage, Wolong Hydrogen Energy, and Shunfeng Power, marking a complete shift in its strategic focus [5]. - The company officially changed its name to Wolong New Energy Group Co., Ltd. on April 22, indicating a commitment to the renewable energy market [5]. - Despite the potential of the renewable energy sector, the current contributions to profitability are limited, with the newly acquired companies, except for Dragon Energy, currently operating at a loss [5][8]. Group 3: Financial Performance and Challenges - Wolong New Energy has faced continuous declines in net profit since 2019, with a drop from 511 million yuan to 40.86 million yuan by 2024 [7]. - The company reported a 24.08% decrease in total revenue for 2024, amounting to 3.611 billion yuan, and a 75.15% decline in net profit [7]. - In the first quarter of 2025, the company achieved a revenue of 1.105 billion yuan, a 97.53% increase year-on-year, but net profit fell by 22.22% to 36 million yuan, indicating challenges in transitioning to renewable energy [8].