非公开发行股票限售股份解除限售上市流通 的核查意见 中信证券股份有限公司（以下简称"中信证券"或"保荐人"）作为秦川 机床工具集团股份公司（以下简称"秦川机床""公司"或"上市公司"）的 持续督导机构，根据《中华人民共和国公司法》《中华人民共和国证券法》 《证券发行上市保荐业务管理办法》《深圳证券交易所股票上市规则》《深圳 证券交易所上市公司自律监管指引第1号——主板上市公司规范运作》等相关法 律法规和规范性文件的要求，对秦川机床工具集团股份公司非公开发行股票限 售股份解除限售上市流通事项进行了审慎核查，具体核查情况及核查意见如下： 一、本次解除限售股份的基本情况 （一）本次解除限售的股份取得的基本情况 中信证券股份有限公司 关于秦川机床工具集团股份公司 1 2023年6月，公司向控股股东法士特集团在内的14名特定对象共计发行股份 110,512,129股，公司总股本由899,370,910股增加至1,009,883,039股。 截至本核查意见出具日，除上述变动外，公司未发生因利润分配、公积金 转增等导致公司股本数量发生变化的情况，公司总股本为1,009,883,039股，其 中有限售条件的股份数量为244, ...

证券代码：000837 证券简称：秦川机床 公告编号：2024-54 秦川机床工具集团股份公司 关于回购公司股份的进展公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 秦川机床工具集团股份公司（以下简称"公司"）于 2024 年 3 月 15 日召开第 八届董事会第三十八次会议、2024年4月2日召开2024年第二次临时股东大会， 审议通过了《关于回购公司股份方案的议案》，同意公司使用自有资金以集中竞 价交易方式回购公司部分股份，资金总额不低于人民币 2,000 万元（含），不超 过人民币 4,000 万元（含），股份回购价格不超过人民币 13.5 元/股。回购期限自 公司股东大会审议通过本次股份回购方案之日起不超过 12 个月，具体回购数量 以回购期满时实际回购的股份数量为准，所回购的股份将用于股权激励或员工持 股计划。公司于 2024 年 7 月 10 日召开第八届董事会第四十二次会议和第八届监 事会第二十六次会议、2024 年 7 月 26 日召开 2024 年度第三次临时股东大会审 议通过了《关于变更回购股份用途并注销的议案》，同意公司将原回购股份 ...

Investment Rating - The report maintains a "Hold" rating for Qinchuan Machine Tool (000837) with a current price of 7.03 yuan [1] Core Views - Qinchuan Machine Tool achieved revenue of 2.021 billion yuan in H1 2024, a year-on-year increase of 2.33%, but net profit attributable to the parent company decreased by 46.45% to 43 million yuan [2] - The decline in net profit is attributed to a reduction in government subsidies (down by 48 million yuan) and a slight decrease in gross margin (17.03% in H1 2024, down 1.31 percentage points) [2] - The company's export business reached a new high, with a year-on-year increase of 42.55%, and its gear grinding machines entered the Turkish and Brazilian markets for the first time [2] - The company is expected to achieve net profits of 110 million, 170 million, and 250 million yuan in 2024, 2025, and 2026, respectively, with a compound annual revenue growth rate of 14% [2] Business Performance - Machine tool revenue grew by 8.1% year-on-year to 1.01 billion yuan in H1 2024, while parts revenue increased by 2% to 740 million yuan [2] - The gross margin for machine tools was 16.38%, down 0.31 percentage points, and the gross margin for parts was 11.12%, down 3.21 percentage points [2] - The company's machine tool business is expected to grow at a rate of 17.5%, 17.1%, and 18.1% in 2024, 2025, and 2026, respectively, with gross margins improving to 17.5%, 18.0%, and 18.5% [5] - The parts business is projected to grow at 11.0%, 11.9%, and 12.7% in the same period, with gross margins increasing to 13.5%, 14.0%, and 15.0% [5] Financial Projections - Revenue is expected to grow from 3.761 billion yuan in 2023 to 5.551 billion yuan in 2026, with a compound annual growth rate of 13.33% to 14.60% [3][5] - Net profit attributable to the parent company is projected to increase from 52.26 million yuan in 2024 to 246.99 million yuan in 2026, with growth rates of 118.16%, 51.72%, and 42.80% respectively [3] - The company's ROE is expected to improve from 1.24% in 2023 to 5.18% in 2026, while the PE ratio is projected to decrease from 136 in 2024 to 29 in 2026 [3][9] Market Position - Qinchuan Machine Tool is a leading domestic gear machine tool manufacturer, with a market share of over 60% in gear grinding machines [5] - The company is accelerating the expansion of high-end machine tools, such as five-axis machines, to promote domestic substitution [5]

Investment Rating - The investment rating for the company is "Hold" [1] Core Views - The company reported a revenue of 2.021 billion yuan for H1 2024, representing a year-on-year growth of 2.33%, while the net profit attributable to shareholders decreased by 46.45% to 43 million yuan [2] - The decline in net profit is attributed to a reduction in other income, particularly government subsidies, which fell by approximately 48 million yuan [2] - The company achieved a record high in exports, with a year-on-year growth of 42.55% in H1 2024, including a 62.35% increase in main machine exports [2] - The company is positioned as a leader in domestic gear machine tools, with expectations for a compound annual growth rate (CAGR) of 14% in revenue over the next three years [2] Summary by Sections Financial Performance - In H1 2024, the company achieved a revenue of 2.021 billion yuan, with a net profit of 43 million yuan, down 46.45% year-on-year [2] - The gross margin for H1 2024 was 17.03%, a decrease of 1.31 percentage points year-on-year [2] - The company’s revenue from machine tools reached 1.01 billion yuan, growing by 8.1% year-on-year, while parts revenue was 740 million yuan, up 2% [2] Revenue and Profit Forecast - The forecast for net profit attributable to shareholders for 2024-2026 is 110 million, 170 million, and 250 million yuan respectively, with a projected revenue CAGR of 14% [2][5] - The expected revenue for 2024 is 4.262 billion yuan, with a growth rate of 13.33% [3][5] Business Segments - The machine tool segment is expected to see order growth rates of 17.5%, 17.1%, and 18.1% from 2024 to 2026, with gross margins improving to 18.5% by 2026 [5] - The parts segment is projected to grow at 11% to 12.7% over the same period, with gross margins increasing to 15% [5] Market Position - The company is recognized as a leader in the domestic gear machine tool market, with a market share exceeding 60% in the grinding machine segment [5]

Financial Performance - The company's operating revenue for the first half of 2024 was ¥2,021,268,042.92, representing a 2.33% increase compared to ¥1,975,226,112.50 in the same period last year[11]. - The net profit attributable to shareholders was ¥43,184,094.08, a decrease of 46.45% from ¥80,635,599.67 in the previous year[11]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥6,568,585.59, showing a significant increase of 512.89% compared to ¥1,071,731.75 last year[11]. - The basic earnings per share decreased by 52.29% to ¥0.0428 from ¥0.0897 in the same period last year[11]. - The total assets at the end of the reporting period were ¥9,730,064,500.73, down 1.32% from ¥9,860,349,892.53 at the end of the previous year[11]. - The net assets attributable to shareholders increased by 0.57% to ¥4,791,878,956.90 from ¥4,764,771,133.99 at the end of the previous year[11]. - The net cash flow from operating activities was negative at -¥17,971,637.85, compared to a positive cash flow of ¥19,665,827.32 in the previous year[11]. - The company reported a total of ¥36,615,508.49 in non-recurring gains and losses during the reporting period[14]. - The weighted average return on net assets was 0.90%, down from 2.27% in the previous year[11]. Industry Overview - In the first half of 2024, the machine tool industry achieved a total revenue of CNY 501.9 billion, a year-on-year decline of 7.7%[16]. - The total profit of the machine tool industry in the same period was CNY 14.9 billion, down 78.2% year-on-year[16]. - The production of metal cutting machine tools reached 333,000 units, an increase of 5.7% year-on-year, while the production of metal forming machine tools decreased by 6.7% to 83,000 units[16]. Strategic Focus - The company focuses on high-end manufacturing and core components, aiming to become a leading system integration service provider in the high-end equipment manufacturing sector[17]. - The company plans to enhance its market share and product premiumization through strong technical capabilities and localized after-sales service[21]. - The company is actively exploring niche markets to increase sales revenue, particularly in gear grinding machines[23]. - The company is actively pursuing market expansion and technological breakthroughs, focusing on 16 key core technologies and 29 major R&D projects[28]. Research and Development - Research and development investment decreased by 25.29% to ¥93,950,172.30 from ¥125,749,589.81 in the previous year[34]. - The company applied for 34 patents, including 8 invention patents and 17 authorized patents, demonstrating a strong focus on technological innovation[25]. - The company has implemented effective measures to stabilize development and promote operational efficiency in response to market changes[22]. Cash Flow and Investments - The company completed 50% of its annual investment plan in the first half of 2024, with two key projects already in operation[26]. - The company reported a significant decline in trade revenue, which fell by 54.53% to ¥19,933,911.61 from ¥43,837,323.08 in the previous year[36]. - The company’s total investment during the reporting period was ¥299,175,200.00, reflecting a 4.48% increase from ¥286,345,400.00 in the previous year[44]. Environmental Compliance - The company holds valid pollution discharge permits, with expiration dates extending to December 2028 for its main operations[67]. - The total emission concentration for non-methane total hydrocarbons is 2.44 mg/m³, compliant with the VOC emission control standard[68]. - The company has established two wastewater treatment stations, ensuring that all production and domestic wastewater meets standards before being discharged into the urban sewage treatment plant[70]. Social Responsibility - The company reported a commitment of 256,000 yuan for purchasing various specialty agricultural products to support rural revitalization efforts[79]. - The company has organized blood donation activities with 86 employees participating, resulting in a total donation of 24,400 milliliters[79]. - The company has actively engaged in social responsibility initiatives, including support for local communities and employees[79]. Shareholder and Equity Information - The company has not distributed cash dividends or bonus shares for the half-year period, nor has it implemented any employee incentive plans[66]. - The total number of common shareholders at the end of the reporting period is 87,805[106]. - The company issued 110,512,129 shares of RMB ordinary shares in 2023, with 71,621,630 shares subject to a 6-month lock-up period, set to be released on January 8, 2024[102]. Financial Reporting and Compliance - The semi-annual financial report has not been audited[114]. - The company has no significant doubts regarding its ability to continue as a going concern for the next 12 months[144]. - The financial report reflects the company's consolidated financial status, operating results, and cash flows accurately[146].

秦川机床工具集团股份集团公司 国有资产交易监督管理办法 （本次修订已经公司 2024 年 8 月 29 日召开的 第九届董事会第二次会议审议通过） 二〇二四年八月修订 1 | | | | 第一章 | 总 则 | 3 | | --- | --- | --- | | 第二章 | 管理职责 | 4 | | 第三章 | 产权转让 | 5 | | 第四章 | 企业增资 | 11 | | 第五章 | 资产处置 | 14 | | 第六章 | 监督管理 | 19 | | 第七章 | 法律责任 | 19 | | 第八章 | 附 则 | 20 | 第一章 总 则 第一条 为规范秦川机床工具集团股份集团公司（以下简称 "集团公司"）及子公司国有产权转让行为，加强国有产权交易 监督管理，防止国有资产流失，根据《中华人民共和国企业国有 资产法》《企业国有资产交易监督管理办法》《企业国有产权交易 操作规则》《深圳证券交易所股票上市规则》《深圳证券交易所上 市公司自律监管指引第 1 号——主板上市公司规范运作》等有关 法律法规，结合集团公司实际，制定本办法。 第二条 集团公司及子公司国有产权转让应当遵守国家相关 法律法规和政策规定，遵循等 ...

证券代码：000837 证券简称：秦川机床 公告编号：2024-48 秦川机床工具集团股份公司 第九届监事会第二次会议决议公告 本公司及监事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 一、监事会会议召开情况 秦川机床工具集团股份公司（以下简称"公司"）第九届监事会第二次会议 于 2024 年 8 月 19 日以书面方式（直接或电子邮件）发出会议通知，2024 年 8 月 29 日在公司秦创原基地第五会议室以现场方式召开。会议应出席监事 5 名， 实际出席监事 5 名。会议由监事会主席华斌先生主持。本次会议召开符合有关法 律、行政法规、部门规章、规范性文件和《公司章程》的有关规定。 二、监事会会议审议情况 1、审议通过《2024 年半年度报告全文和摘要》； 经审议，监事会认为：董事会编制和审议公司 2024 年半年度报告的程序符 合法律、行政法规及中国证监会的规定，报告内容真实、准确、完整地反映了公 司的实际情况，不存在任何虚假记载、误导性陈述或者重大遗漏。 表决结果：同意 5 票，反对 0 票，弃权 0 票。 表决结果：同意 5 票，反对 0 票，弃权 0 票。 3、 ...

证券代码：000837 证券简称：秦川机床 公告编号：2024-47 二、董事会会议审议情况 1、审议通过《2024 年半年度报告全文和摘要》； 表决结果：同意 9 票，反对 0 票，弃权 0 票。 本议案中的财务报告部分已经审计委员会审议通过。 具体内容详见同日刊登在《证券时报》《中国证券报》《上海证券报》《证券 日报》和巨潮资讯网（http://www.cninfo.com.cn）上的《2024 年半年度报告全文》 《2024 年半年度报告摘要》。 2、审议通过《关于 2024 年半年度计提减值准备的议案》； 秦川机床工具集团股份公司 第九届董事会第二次会议决议公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 一、董事会会议召开情况 秦川机床工具集团股份公司（以下简称"公司"）第九届董事会第二次会议于 2024 年 8 月 19 日以书面方式（直接或电子邮件）发出会议通知，2024 年 8 月 29 日在公司秦创原基地董事会会议室以现场结合视频会议方式召开。会议应出 席董事 9 人，实际出席董事 9 人（其中视频参会 2 人）。本次会议由董事长马旭 耀 ...

关于部分募集资金投资项目结项并将节余募集资金 永久补充流动资金的公告 证券代码：000837 证券简称：秦川机床 公告编号：2024-52 秦川机床工具集团股份公司 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 秦川机床工具集团股份公司（以下简称"公司"）于 2024 年 8 月 29 日召开第 九届董事会第二次会议、第九届监事会第二次会议，审议通过了《关于部分募投 项目结项并将节余募集资金永久补充流动资金的议案》，同意公司将 2020 年度非 公开发行股票募集资金投资项目（以下简称"募投项目"） "高端智能齿轮装备研 制与产业化项目"和"高档数控机床产业能力提升及数字化工厂改造项目"，以及 2022 年度向特定对象发行股票募投项目之一"新能源乘用车零部件建设项目"进 行结项，并将节余募集资金 9,857.45 万元用于永久补充流动资金。根据《上市公 司监管指引第 2 号——上市公司募集资金管理和使用的监管要求》《深圳证券交 易所上市公司自律监管指引第 1 号——主板上市公司规范运作》等相关法律法规 及公司《募集资金管理办法》的规定，该事项尚需提交公司股东大 ...

中信证券股份有限公司 关于秦川机床工具集团股份公司部分募集资金投 资项目结项并将节余募集资金永久补充流动资金 的核查意见 中信证券股份有限公司（以下简称"中信证券"或"保荐人"）作为秦川机床工具集 团股份公司（以下简称"秦川机床"、"公司"或"上市公司"）2020年度非公开发行股票 和2022年度向特定对象发行股票的持续督导机构，根据《证券发行上市保荐业务管理 办法》《深圳证券交易所股票上市规则》《深圳证券交易所上市公司自律监管指引第 1号——主板上市公司规范运作》等相关法律、法规和规范性文件的规定，对部分募 集资金投资项目结项并将节余募集资金永久补充流动资金事项进行了审慎核查，并出 具核查意见如下： 一、2020年度非公开发行股票、2022年度向特定对象发行股票募集资金情况 （一）2020年度非公开发行股票 1、募集资金基本情况 经中国证券监督管理委员会《关于核准秦川机床工具集团股份公司非公开发行股 票的批复》（证监许可[2021]2500号），公司于2021年9月3日以非公开发行股票的方 式向陕西法士特汽车传动集团有限责任公司（以下简称"法士特集团"）共计1名符合 中国证监会规定的特定对象共发行人民币普通 ...