Financial Performance - In 2023, the company's operating revenue was approximately CNY 3.54 billion, a slight increase of 0.07% compared to 2022[18]. - The net profit attributable to shareholders decreased by 67.18% to CNY 30.91 million, primarily due to a decline in aluminum processing fees[19]. - The net cash flow from operating activities increased by 82.54% to CNY 93.20 million, mainly due to a reduction in cash paid for purchasing goods and services[18]. - The company achieved operating revenue of 3.536 billion RMB in 2023, a slight increase of 0.07% compared to the previous year[74]. - The aluminum alloy business sales decreased by 2.25% to 2.465 billion RMB, while the automotive parts business sales increased by 6.85% to 1.000 billion RMB[74]. - Operating costs rose by 2.88% to 3.288 billion RMB, primarily due to increased sales volume[76]. - Research and development expenses increased by 24.26% to 91.836 million RMB, reflecting the company's investment in new projects[76]. - The gross margin for the aluminum alloy business decreased by 4.02 percentage points to 3.23%, influenced by price reductions in the automotive sector[79]. - The gross margin for the automotive parts business increased by 0.15 percentage points to 12.70%, benefiting from higher sales volume[79]. - The company reported a significant increase in deferred tax assets by 59.15% to 31,583,993.31 CNY, indicating potential future tax benefits[93]. - The company's net profit from its subsidiary Anhui Aluminum Co., Ltd. was reported at -585.03 million CNY, highlighting challenges in profitability[103]. Dividend and Share Capital - The company plans to distribute a cash dividend of 0.20 yuan per 10 shares (including tax) to shareholders, totaling approximately 6,524,747.44 yuan based on a share capital of 326,237,372 shares after deducting repurchased shares[3]. - The company plans to distribute a cash dividend of 0.39 RMB per 10 shares, totaling 9,898,200 RMB, which accounts for 10.51% of the net profit attributable to shareholders for 2022[175]. - The company will increase its share capital by 76,140,000 shares, resulting in a total share capital of 329,940,000 shares post-distribution[175]. - The cash dividend distribution policy requires a minimum of 80% payout if the company is in a mature stage without major investment plans[173]. - The company's cash dividend distribution ratio is 21.11% of the consolidated net profit attributable to ordinary shareholders[179]. Risk Management - The management has outlined potential risks in the future development section of the report, emphasizing the importance of risk awareness for investors[5]. - The company has established a risk management framework for its hedging activities, including a stop-loss warning line set at 5% of the audited net profit attributable to shareholders, with an absolute amount exceeding 8 million RMB[131]. - The company’s hedging strategy is subject to strict controls, ensuring that the volume and duration of futures contracts do not exceed the corresponding physical inventory and sales plans[131]. - The company plans to engage in foreign exchange derivatives trading to mitigate risks associated with exchange rate and interest rate fluctuations from its export business and foreign currency holdings[132]. - The company has established a risk warning line for foreign exchange derivatives trading losses at 5% of the audited net profit attributable to shareholders, which amounts to over 8 million RMB, and a stop-loss line at 10%, exceeding 10 million RMB[133]. - The company has implemented a comprehensive risk control framework for foreign exchange derivatives trading, including a management system that defines departmental responsibilities and risk limits[133]. - The automotive industry faces significant risks, including market fluctuations and intense competition, which could negatively impact the company's performance if not managed effectively[118]. Corporate Governance - The company has conducted 3 shareholder meetings and 6 board meetings during the reporting period, ensuring compliance with governance regulations and maintaining shareholder rights[137]. - The company has a governance structure that includes a board of directors, supervisory board, and management team, with independent directors participating in key committees[137]. - The company has established a performance evaluation system for its directors and senior management, linking compensation to performance metrics[138]. - The company maintains strict separation from its controlling shareholders and related parties in terms of personnel, assets, finance, and operations, ensuring independent operations[139]. - The company has implemented strict management of insider information and confidentiality prior to disclosures, ensuring transparency[140]. - The company has revised its corporate governance documents, including the Articles of Association and decision-making systems, to enhance operational efficiency[144]. - The company has established a remuneration committee to ensure that compensation aligns with industry standards and company performance[153]. - The company is focusing on enhancing the performance of its directors and senior management through a structured remuneration system linked to performance[153]. Research and Development - The company obtained 24 patent authorizations in 2023 and submitted 27 patent applications that are currently under review[31]. - The company has a strong R&D capability, holding 140 valid patents, including 28 invention patents and 112 utility model patents, which support its advanced manufacturing processes[61]. - The company is actively expanding its aluminum alloy production capacity to meet the growing demand from clients, particularly in the new energy vehicle sector[65]. - Research and development investment increased by 18%, totaling 200 million RMB, focusing on sustainable materials[150]. - The company plans to enhance its production capabilities by optimizing procurement, technology, and efficiency, aiming to reduce production costs and increase output in 2024[114]. - The company aims to develop high-strength, high-toughness aluminum alloys and expand its international market presence, focusing on components for NEV battery packs, motors, and chassis[112]. Environmental Responsibility - The company invested ¥6.6176 million in environmental protection funds during the reporting period[186]. - The company emphasizes ecological protection and pollution prevention, aligning with national hazardous waste regulations[200]. - The company has established pollution prevention facilities, including wastewater treatment and air pollution control systems, ensuring compliance with relevant standards[189]. - The company received approval for the environmental impact report of its 100,000-ton recycled aluminum project on January 9, 2023[191]. - No administrative penalties were imposed on the company for environmental issues during the reporting period, except for a fine of ¥200,000 on a subsidiary for exceeding water pollutant discharge limits[196]. - The company has implemented emergency response plans for environmental incidents across its subsidiaries, including risk analysis and emergency resource allocation[198]. Market Trends and Strategy - The automotive lightweight trend is driving demand for aluminum alloy materials, with a projected increase in aluminum usage per vehicle to 250 kg by 2025 and 350 kg by 2030, representing a 30% and 40% reduction in weight compared to 2014, respectively[108]. - The company is positioned to capitalize on the growing demand for recycled aluminum as part of the global low-carbon transition strategy, aligning with national development goals[109]. - The rapid development of the new energy vehicle (NEV) market in China has led to an oversupply of vehicles, with significant competition among automakers focusing on market share and price wars[105]. - The company anticipates that total vehicle sales in China will exceed 31 million in 2024, with a growth forecast of over 3%[104]. - The company is actively transitioning to the new energy vehicle sector, increasing its focus on aluminum alloy materials and components for this market[121]. - Recent market expansion efforts have led to significant sales growth with major clients such as FAW Casting and BorgWarner, helping to diversify the customer base and reduce dependency risks[123]. Production and Operations - The company has established an aluminum alloy production capacity of 273,000 tons, with 237,000 tons currently operational, including 100,000 tons of aluminum alloy ingots and 137,000 tons of aluminum alloy liquid[40]. - The company has improved its management mechanisms, enhancing budget management and cost control to respond effectively to market demand and price fluctuations[35]. - The company primarily adopts a "sales-driven production" model, organizing production based on customer orders and maintaining close cooperation among various departments[50]. - The company has developed a comprehensive industrial chain that includes waste aluminum recycling, automotive aluminum alloy production, and hazardous waste transportation and disposal, enhancing its market position and operational efficiency[56]. - The company has established a stable customer base, primarily consisting of automotive parts manufacturers, leveraging its strong market reputation[47]. - The company has a diverse supplier base for external processing, ensuring flexibility and reducing dependency on any single supplier[51].

Financial Performance - The company's operating revenue for Q1 2024 reached ¥823,390,813.82, representing a year-on-year increase of 21.35%[2] - The net profit attributable to shareholders was ¥10,217,565.23, with a basic earnings per share of ¥0.03[2] - Net profit for Q1 2024 was ¥10,217,565.23, a significant recovery from a net loss of ¥15,095,617.60 in Q1 2023[17] - Earnings per share for Q1 2024 were ¥0.03, compared to a loss per share of ¥0.05 in the same period last year[17] - The company reported a total profit of ¥8,416,940.93 for Q1 2024, recovering from a total loss of ¥21,807,408.23 in Q1 2023[17] Cash Flow - The net cash flow from operating activities was -¥69,782,337.07, reflecting a decrease of 147.22% compared to the previous year[2] - In Q1 2024, the cash inflow from operating activities was approximately ¥974.62 million, a decrease of 8.8% compared to ¥1,068.16 million in Q1 2023[19] - The net cash flow from operating activities was negative at approximately -¥69.78 million, contrasting with a positive net cash flow of ¥147.77 million in the same quarter last year[19] - The cash outflow for purchasing goods and services increased to approximately ¥922.42 million, up by 18.3% from ¥779.14 million in Q1 2023[19] - The net cash flow from investing activities was approximately -¥84.55 million, worsening from -¥44.27 million in Q1 2023[20] - Cash inflow from financing activities was approximately ¥519.00 million, an increase of 10.6% compared to ¥468.18 million in Q1 2023[20] - The net cash flow from financing activities improved to approximately ¥177.78 million, compared to a negative net cash flow of -¥27.05 million in the same quarter last year[20] - The ending cash and cash equivalents balance was approximately ¥131.16 million, down from ¥228.63 million in Q1 2023[20] - The cash received from tax refunds increased to approximately ¥8.45 million, up from ¥4.23 million in Q1 2023[19] - The total cash outflow for investing activities was approximately ¥85.35 million, compared to ¥53.42 million in Q1 2023, indicating a significant increase[20] - The cash outflow for other operating activities decreased to approximately ¥28.71 million from ¥47.03 million in Q1 2023, showing a reduction of 38.8%[19] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥3,540,653,375.82, an increase of 4.87% from the end of the previous year[2] - The company’s total assets reached ¥3,540,653,375.82 in Q1 2024, compared to ¥3,376,146,544.83 in Q1 2023, reflecting a growth of 4.9%[14] - Total liabilities increased to ¥1,449,936,637.60 in Q1 2024 from ¥1,275,722,179.60 in Q1 2023, marking a growth of 13.6%[14] - The company experienced a 4906.57% increase in estimated liabilities, mainly due to provisions for product quality claims[3] - The total current assets reached RMB 1,985,148,011.42, up from RMB 1,877,808,598.35, marking a growth of around 5.76%[12] - The total non-current assets amounted to RMB 1,555,505,364.40, an increase from RMB 1,498,337,946.48, reflecting a growth of about 3.83%[12] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 21,445[6] - The company has repurchased a total of 2,898,428 shares, accounting for 0.88% of the total share capital, with a total expenditure of RMB 20,004,400 (excluding transaction fees) during the buyback period[10] - The maximum price paid for repurchased shares was RMB 7.56 per share, while the minimum price was RMB 6.21 per share[10] - The company plans to use its own funds ranging from RMB 20 million to RMB 40 million for share repurchase to support employee stock ownership plans or equity incentives[9] Operational Insights - The company plans to enhance its product capacity and improve overall gross margin due to increased production and utilization rates[5] - Research and development expenses for Q1 2024 amounted to ¥25,229,037.52, an increase from ¥21,287,643.77 in Q1 2023, indicating a focus on innovation[16] - Total operating costs for Q1 2024 were ¥822,149,130.21, up from ¥694,758,312.56 in Q1 2023, reflecting a rise of 18.3%[16] - Non-recurring gains and losses totaled ¥8,934,610.81, primarily due to government subsidies and asset disposal gains[4] - The company reported a decrease in inventory from RMB 495,543,676.22 to RMB 481,670,164.93, a reduction of approximately 2.79%[12] - The weighted average return on equity was 0.49%, an increase of 1.22 percentage points[2]

证券代码：605208 证券简称：永茂泰 公告编号：2024-021 上海永茂泰汽车科技股份有限公司 第三届监事会第五次会议决议公告 本公司监事会及全体监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。 监事会会议召开情况 上海永茂泰汽车科技股份有限公司（以下简称"公司"）第三届监事会第五 次会议于2024年4月25日以通讯方式召开，会议通知和材料于2024年4月15日以电 子邮件发送全体监事。会议由监事会主席章妙君召集并主持，应出席监事3人， 实际出席监事3人。董事会秘书列席会议。会议的召集和召开程序符合《公司法》 和《公司章程》的规定，会议合法有效。 监事会会议审议情况 一、审议通过《2023 年年度报告及摘要》。 内容详见 2024 年 4 月 27 日公司在上海证券交易所网站 www.sse.com.cn 披 露的《2023 年年度报告》及在《中国证券报》《上海证券报》《证券时报》《证券 日报》和上海证券交易所网站 www.sse.com.cn 披露的《2023 年年度报告摘要》。 监事会认为，公司 2023 年年度报告及摘要的内容能够真实 ...

上海永茂泰汽车科技股份有限公司（以下简称"公司"）于 2023 年 4 月 28 日召开 2022 年年度股东大会，续聘天健会计师事务所（特殊普通合伙）（以下简 称"天健所"）为公司 2023 年度财务及内控审计机构。根据财政部、国资委、证 监会三部门联合发布的《国有企业、上市公司选聘会计师事务所管理办法》等相 关规定，在天健所开展公司 2023 年度财务及内控审计过程中，公司董事会审计 委员会本着勤勉尽责的原则，恪尽职守，认真履行了监督职责。具体情况如下： 一、公司 2023 年度审计会计师事务所基本情况 | 会计师事务所名称 | 天健会计师事务所（特殊普通合伙） | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 成立日期 | 2011 7 组织形式 | 年 | 月 | 18 | 日 | | | 特殊普通合伙 | | | 注册地址 | 浙江省杭州市西湖区灵隐街道西溪路 128 号 | | | | | | | | | | 首席合伙人 | 王国海 上年末合伙人数量 | | | | | | 238 | ...

证券代码：605208 证券简称：永茂泰 公告编号：2024-025 上海永茂泰汽车科技股份有限公司 关于开展套期保值业务的公告 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。 重要内容提示： 交易目的：套期保值 交易品种：铝、铜、镍、硅及其他符合上海永茂泰汽车科技股份有限公司（以 下简称"公司"）及子公司主业经营需要的品种 交易工具：期货合约 交易场所：上海期货交易所、广州期货交易所及其他境内合规且满足公司套 期保值业务条件的期货交易所 交易金额：预计动用的保证金上限为 10,000 万元人民币，预计任一交易日 持有的最高合约价值不超过 60,000 万元人民币。 本次套期保值预计事项已经公司 2024 年 4 月 25 日召开的第三届董事会第七 次会议和第三届监事会第五次会议审议通过，尚需提交股东大会审议。 特别风险提示：公司开展套期保值业务，存在期货价格发生与公司预判趋势 相反方向波动的风险，存在期货和现货基差拉大的风险，存在因不能及时补 充保证金而被强行平仓的风险，存在交易品种流动性降低导致无法以预定价 格成交的风险， ...

证券代码：605208 证券简称：永茂泰 公告编号：2024-022 上海永茂泰汽车科技股份有限公司 2023 年度利润分配方案公告 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。 重要内容提示： 一、利润分配方案内容 经天健会计师事务所（特殊普通合伙）审计，截至 2023 年 12 月 31 日，上 海永茂泰汽车科技股份有限公司（以下简称"公司"）母公司报表中期末未分配 利润为人民币 200,028,572.48 元。经董事会决议，公司 2023 年度拟以实施权益 分配比例：每 10 股派发现金红利 0.20 元（含税）。 本次利润分配以实施权益分派股权登记日登记的总股本扣除回购专用证券 账户中的股份数后的股本为基数，具体日期将在权益分派实施公告中明确。 在实施权益分派的股权登记日前公司总股本扣除回购专用证券账户中的股 份数后的股本发生变动的，公司拟维持每股分配比例不变，相应调整分配总 额，并将在相关公告中披露。 本次利润分配方案尚需提交公司 2023 年度股东大会审议通过后方可实施。 本年度现金分红比例低于 30%，主要是 ...

上海永茂泰汽车科技股份有限公司 2023 年度环境、社会、治理（ESG）报告 2024 年 4 月 25 日 企业愿景 我们共同努力成为行业最优秀的世界级公司 核心价值观 安全、质量第一、客户至上 为客户、员工、股东创造价值 求精、务实、高效、创新 团队合作、学习型团队 发展战略 未来公司将重点研发、开拓新能源汽车轻量化、高强度、高韧性、自强化型铝 合金新材料、新工艺、新产品、新客户、新市场，持续加大国际市场开发力度； 重点开发新能源汽车电池包、电机、减速箱、电控、车身、底盘等的铝、铜等 部件；持续发展新能源汽车用铝合金和再生铝合金业务；积极扩大铝水直供业 务；实现废铝、铝屑、铝灰资源化综合利用，形成绿色、可持续、高质量发展； 同时高度关注其他行业铝合金的应用，利用自身优势开拓产品线宽度。 关于本报告 本报告秉承上海永茂泰汽车科技股份有限公司(以下简称"永茂泰"或"公司")的可持续发展理 念，重点披露公司 2023 年度在环境、社会及治理(ESG)方面的实践和绩效，旨在回应利益相 关方的期望，未来更好地提升公司 ESG 工作。本次为公司首次发布 ESG 报告。 报告范围 永茂泰及各子公司。 时间范围 2023 ...

上海永茂泰汽车科技股份有限公司 对 2023 年度会计师事务所履职情况评估报告 上海永茂泰汽车科技股份有限公司（以下简称"永茂泰"或"公司"）于 2023 年 4 月 28 日召开 2022 年年度股东大会，续聘天健会计师事务所（特殊普 通合伙）（以下简称"天健所"）为公司 2023 年度财务及内控审计机构。根据财 政部、国资委、证监会三部门联合发布的《国有企业、上市公司选聘会计师事务 所管理办法》等相关规定，公司对天健所开展公司 2023 年度财务及内控审计过 程中的履职情况进行了评估。经评估，公司认为天健所资质等方面合规有效，履 职保持独立性，勤勉尽责，公允表达意见，具体情况如下： | 会计师事务所名称 | 天健会计师事务所（特殊普通合伙） | | | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 成立日期 | 2011 7 | 年 | 月 | 18 | 日 | 组织形式 | | | | 特殊普通合伙 | | | 注册地址 | 浙江省杭州市西湖区灵隐街道西溪路 128 ...

目 录 | 一、审计报告……………………………………………………… 第 1—5 | | | | 页 | | --- | --- | --- | --- | --- | | 二、财务报表……………………………………………………… 第 6—15 | | | 页 | | | （一）合并资产负债表…………………………………………… | 第 | 6 | 页 | | | （二）母公司资产负债表………………………………………… | 第 | 7 | 页 | | | （三）合并利润表………………………………………………… | 第 | 8 | 页 | | | （四）母公司利润表……………………………………………… | 第 | 9 | 页 | | | （五）合并现金流量表……………………………………………第 | | 10 | 页 | | | （六）母公司现金流量表…………………………………………第 | | 11 | 页 | | | （七）合并所有者权益变动表………………………………第 12—13 | | | | 页 | （八）母公司所有者权益变动表……………………………第 14—15 页 | | | 审 计 报 告 天健审〔202 ...

证券代码：605208 证券简称：永茂泰 公告编号：2024-026 上海永茂泰汽车科技股份有限公司 关于开展外汇衍生品交易业务的公告 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。 重要内容提示： 交易目的：套期保值 交易币种：美元、欧元及其他符合上海永茂泰汽车科技股份有限公司（以下 简称"公司"）及子公司主业经营需要的币种 交易工具：外汇衍生品交易合约 交易场所：商业银行 交易金额：预计动用的保证金上限为 5,000 万元人民币，预计任一交易日持 有的最高合约价值不超过 20,000 万元人民币。 本次外汇衍生品交易预计事项已经公司 2024 年 4 月 25 日召开的第三届董事 会第七次会议和第三届监事会第五次会议审议通过；本次事项尚需提交股东 大会审议。 特别风险提示：公司开展外汇衍生品交易业务，存在市场汇率、利率发生与 公司预判趋势相反方向波动的风险，存在因公司流动资金不足而无法完成交 割的风险，存在因交易对手方不履行合约或客户订单调整、应收款项逾期等 原因导致到期无法履约的风险，存在因流程执行偏差、违反职业道德、系 ...