Investment Rating - The report maintains a "Buy" rating for the company, indicating an expected price increase of over 15% in the next 6-12 months [5][13]. Core Insights - For the fiscal year ending March 31, 2024, the company reported a revenue of 3.912 billion RMB, a slight decrease of 1.05% year-on-year, while the net profit attributable to shareholders was 1.262 billion RMB, reflecting a modest increase of 0.25% [2][10]. - The company experienced a slight decline in rental income, with total rental revenue at 2.88 billion RMB, down 1.14% year-on-year. However, cost control measures led to an improvement in profit margins, with gross margin increasing by 0.13 percentage points to 58.14% and net margin rising by 0.43 percentage points to 32.30% [3][4]. - The average occupancy rates for different property types showed mixed results, with office occupancy at 93.1%, shopping mall occupancy at 96.5%, and apartment occupancy at 88.9%. Rental prices for offices and shopping malls increased year-on-year, while apartment rents remained stable [3][4]. Summary by Sections Financial Performance - The company achieved a revenue of 39.12 billion RMB in 2024, with a year-on-year decline of 1.05%. The net profit attributable to shareholders was 12.62 billion RMB, showing a slight increase of 0.25% [2][10]. - The average rental income across different segments was reported as follows: office rental income at 1.48 billion RMB (down 3.3%), shopping mall income at 1.22 billion RMB (up 1.0%), and apartment income at 190 million RMB (up 2.2%) [3]. Profitability Metrics - The company's gross margin improved to 58.14%, and the net margin increased to 32.30%, attributed to cost-saving measures in depreciation, employee costs, and maintenance [3][4]. - The company plans to distribute a cash dividend of 11.00 RMB per 10 shares, totaling 1.108 billion RMB, with a payout ratio of 88% and a dividend yield of 4.78% based on the closing price as of March 31, 2024 [4]. Future Projections - The profit forecast for the company has been slightly adjusted, with expected net profits for 2025, 2026, and 2027 projected at 1.28 billion RMB, 1.30 billion RMB, and 1.31 billion RMB, respectively, reflecting year-on-year growth rates of 1.4%, 1.3%, and 1.0% [5].

Core Viewpoint - The company plans to distribute a cash dividend of 1.10 yuan per share (including tax) based on its total share capital as of the equity distribution registration date, with a total of 1,007,282,534 shares outstanding as of December 31, 2024 [1][2]. Profit Distribution Plan - The profit distribution plan involves a cash dividend of 11.00 yuan for every 10 shares held, resulting in a total cash dividend of approximately 1,309,467,294 yuan for the previous year [2]. - The company's undistributed profits as of December 31, 2024, amount to 6,185,261,337 yuan [1]. - The cash dividend payout ratio for ordinary shareholders is 88% of the net profit [1]. Decision-Making Process - The company's board of directors approved the profit distribution plan during the 13th meeting of the 9th board on March 28, 2025, with 12 votes in favor [3]. - The supervisory board also approved the plan with 3 votes in favor and no opposition [3]. Compliance with Regulations - The profit distribution plan does not trigger any risk warning scenarios as per the Shanghai Stock Exchange listing rules [2][3].

Core Points - The company held its ninth supervisory board meeting on March 28, 2025, where all three supervisors attended, including one via video conference [1] - The meeting approved the 2024 supervisory board work report, financial settlement, profit distribution plan, internal control evaluation report, and the annual report and its summary, all with unanimous votes [1][2] Group 1 - The supervisory board confirmed that the preparation and review procedures for the 2024 annual report complied with legal and regulatory requirements [2] - The information contained in the 2024 annual report accurately reflects the company's operational management and financial status [2] - No violations of confidentiality regulations were found among those involved in the preparation and review of the 2024 annual report [2]

Group 1 - The company will hold its 2024 Annual General Meeting (AGM) on April 28, 2025, at 9:30 AM in Beijing [2][5] - The voting methods for the AGM will include both on-site and online voting through the Shanghai Stock Exchange's system [2][3] - Shareholders must register to attend the meeting, with specific requirements for individual and corporate shareholders [5][6] Group 2 - The agenda includes the review of the remuneration plan for the Chairman and Vice Chairman for the year 2025 [2][6] - Shareholders can vote through the Shanghai Stock Exchange's online voting platform, with specific time slots for voting on the day of the AGM [3][4] - The record date for shareholders eligible to attend the AGM is April 22, 2025 [5]

Group 1 - The board of directors of China International Trade Center Co., Ltd. has reviewed the self-assessment report on the independence of its independent directors and confirmed that they do not fall under any disqualifying categories as per the regulations [1][2] - The disqualifying categories include individuals who hold positions in the company or its subsidiaries, direct or indirect shareholders owning more than 1% of shares, and those with significant business dealings with the company [1] - The board believes that all independent directors comply with the requirements set forth in the "Management Measures for Independent Directors of Listed Companies" and the "Self-Regulatory Guidelines for Listed Companies of Shanghai Stock Exchange" [2]

证券代码：600007 证券简称：中国国贸 编号：2025-004 中国国际贸易中心股份有限公司 关于公司与控股股东日常关联交易的公告 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个别及连带责任。 重要内容提示： ? 公司与控股股东日常关联交易事项不需要提交股东大会审议。 ? 日常关联交易不会造成公司对关联人的依赖，公司独立性亦未受到影响。 一、公司 2024 年度日常关联交易执行情况及 2025 年预计金额的说明 金额单位：人民币元 （一）购销商品、提供和接受劳务 关联交易 2024 年度交易 2025 年度 关联方 关联交易内容 类型 实际金额 预计金额 预计金额 支付餐饮费 3,138,883 3,500,000 3,500,000 支付劳务费（注） 6,413,940 7,204,377 6,734,637 支付服务费（注） 7,770,473 7,907,412 8,309,898 购买商品、 接受劳务 支付食品加工费、洗 衣费等 中国国际 支付蒸汽费、热水费、 贸易中心 7,382,121 9,217,288 7,102, ...

证券代码：600007 证券简称：中国国贸 编号：2025-005 中国国际贸易中心股份有限公司 续聘会计师事务所公告 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个别及连带责任。 重要内容提示： ● 拟聘任会计师事务所的名称：德勤华永会计师事务所（特殊普通合伙） 一、拟聘任会计师事务所的基本情况 （一）机构信息 德勤华永会计师事务所（特殊普通合伙） （以下简称"德勤华永"）的前身是 1993 年 2 月成立的沪江德勤会计师事务所有限公司，于 2002 年更名为德勤华永会计师事务所有限公 司，于 2012 年 9 月经财政部等部门批准转制成为特殊普通合伙企业。德勤华永注册地址为 上海市黄浦区延安东路 222 号 30 楼。 德勤华永具有财政部批准的会计师事务所执业证书，并经财政部、中国证监会批准， 获准从事 H 股企业审计业务。德勤华永已根据财政部和中国证监会《会计师事务所从事证 券服务业务备案管理办法》等相关文件的规定进行了从事证券服务业务备案。德勤华永过 去二十多年来一直从事证券期货相关服务业务，具有丰富的证券服务业务经验。 德勤 ...

中国国际贸易中心股份有限公司 中国国际贸易中心股份有限公司全体股东： 根据《企业内部控制基本规范》及其配套指引的规定和其他内部控制监管要求（以下简称企业内部 控制规范体系），结合本公司（以下简称公司）内部控制制度和评价办法，在内部控制日常监督和专项 监督的基础上，我们对公司2024年12月31日（内部控制评价报告基准日）的内部控制有效性进行了评 价。 一. 重要声明 按照企业内部控制规范体系的规定，建立健全和有效实施内部控制，评价其有效性，并如实披露内 部控制评价报告是公司董事会的责任。监事会对董事会建立和实施内部控制进行监督。经理层负责组织 领导企业内部控制的日常运行。公司董事会、监事会及董事、监事、高级管理人员保证本报告内容不存 在任何虚假记载、误导性陈述或重大遗漏，并对报告内容的真实性、准确性和完整性承担个别及连带法 律责任。 公司内部控制的目标是合理保证经营管理合法合规、资产安全、财务报告及相关信息真实完整，提 高经营效率和效果，促进实现发展战略。由于内部控制存在的固有局限性，故仅能为实现上述目标提供 合理保证。此外，由于情况的变化可能导致内部控制变得不恰当，或对控制政策和程序遵循的程度降 低， 根据 ...

中国国际贸易中心股份有限公司 董事会对会计师事务所履职情况评估报告 （2025 年 3 月 28 日） 根据《中华人民共和国公司法》《中华人民共和国证券法》《上市公司治理准 则》《国有企业、上市公司选聘会计师事务所管理办法》《上海证券交易所上市公 司自律监管指引第 1 号——规范运作》及中国国际贸易中心股份有限公司（以下简 称"公司"或"中国国贸"）的《公司章程》等规定和要求，公司董事会对会计师 事务所 2024 年度履职情况进行了评估，具体如下： 一、2024 年年审会计师事务所基本情况 （一）会计师事务所基本情况 德勤华永会计师事务所（特殊普通合伙）（以下简称"德勤华永"）前身为 1993 年 2 月成立的沪江德勤会计师事务所有限公司，于 2002 年更名为德勤华永会计师事 务所有限公司，于 2012 年 9 月经财政部等部门批准转制成为特殊普通合伙企业。德 勤华永注册地址为上海市黄浦区延安东路 222 号 30 楼。 德勤华永具有财政部批准的会计师事务所执业证书，并经财政部、中国证监会 批准，获准从事 H 股企业审计业务。德勤华永已根据财政部和中国证监会《会计师 事务所从事证券服务业务备案管理办法》等相 ...

中国国贸 2024 年度监事会工作报告 中国国际贸易中心股份有限公司 致股东： 程》等各项规定，认真履行法律、法规所赋予的职责，本着对公司全体股东负责 的精神，积极认真地开展工作，维护公司全体股东的合法权益。报告期内，监事 会成员列席了公司召开的相关董事会会议和股东大会会议，对公司有关重大事项 和董事会所作的有关决议进行了认真审议。 (2025 年 3 月 28 日) （5）审议通过公司 2023 年年度报告及其摘要； （6）审议通过将公司控股股东中国国际贸易中心有限公司关于提名江咏仪 女士接替胡燕敏女士担任公司第九届监事会监事的提案，提交公司 2023 年年度 股东大会审议表决的议案。 议通过公司 2024 年第一季度报告。 议通过公司 2024 年半年度报告全文及其摘要。 议通过公司 2024 年第三季度报告。 一、会议召开及审议通过的决议及事项如下： 过如下决议： （1）审议通过公司 2023 年度监事会工作报告； （2）审议通过公司 2023 年度财务决算； （3）审议通过公司 2023 年年度利润分配及特别分红方案； （4）审议通过公司 2023 年度内部控制评价报告； 《中国国际贸易中心股份有限公 ...