广东坚朗五金制品股份有限公司 关于股东部分股份质押的公告 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。 广东坚朗五金制品股份有限公司（以下简称"公司"）近日收到 公司股东白宝萍女士的通知，获悉其所持公司的部分股份办理了质 押业务，具体事项如下： 注：本次质押股份不存在负担重大资产重组等业绩补偿义务。 二、股东股份累计质押情况 截至本公告披露日，上述股东及其一致行动人所持质押股份情况 如下： 证券代码：002791 证券简称：坚朗五金 公告编号：2025-027 （二）《中国证券登记结算有限责任公司证券质押及司法冻结明 细表》。 特此公告。 广东坚朗五金制品股份有限公司董事会 二〇二五年四月三十日 2 / 2 1 / 2 股东 名称 是否为控 股股东或 第一大股 东及其一 致行动人 本次质 押数量 （股） 占其 所持 股份 比例 占公 司总 股本 比例 是否 为限 售股 是否 为补 充质 押 质押 开始 日 质押到 期日 质权 人 质押用 途 白宝 萍 是 1,830, 000 7.67% 0.52% 否 是 2025 年 4 月 28 日 申请解 除质押 登 ...

Investment Rating - The investment rating for the company is "Recommended" (maintained) [1][3]. Core Views - The company reported a revenue of 1.21 billion yuan in Q1 2025, a year-on-year decline of 11.7%, with a net profit attributable to shareholders of -40.61 million yuan, an improvement from -45.87 million yuan in the same period last year [3][6]. - The operating cash flow and accounts receivable have shown improvement year-on-year, indicating a continuous enhancement in operational quality [6]. - Despite a downward revision in profit forecasts due to weak industry recovery, the company's stock price has adjusted significantly, and it maintains advantages in channels, product categories, and operations, suggesting substantial profit margin recovery potential in the future [6][7]. Financial Summary - Revenue projections for 2025-2027 are 2.0 billion yuan, 2.7 billion yuan, and 3.3 billion yuan respectively, with corresponding P/E ratios of 39.8, 30.1, and 24.4 [6][9]. - The company’s gross margin is expected to stabilize around 31.1% for the next few years, with net profit margins improving from 1.4% in 2024 to 4.5% by 2027 [9][10]. - The total assets are projected to grow from 10.07 billion yuan in 2024 to 11.43 billion yuan in 2027, while total liabilities are expected to increase from 3.92 billion yuan to 4.63 billion yuan over the same period [8][10].

Investment Rating - The investment rating for the company is maintained as "Buy" with a target price of 37.37 RMB [8][9]. Core Views - The company reported Q1 2025 revenue of 1.206 billion RMB, a year-over-year decrease of 11.70% and a quarter-over-quarter decrease of 30.16%. The net profit attributable to the parent company was -40.61 million RMB, showing a reduction in losses compared to the previous value of -58.37 million RMB, with a year-over-year improvement of 11.46% and a quarter-over-quarter decline of 171.10% [1]. - The company has shown initial success in cost reduction and efficiency improvements, with a gross margin of 30.55% in Q1 2025, a slight year-over-year increase of 0.19 percentage points, despite a quarter-over-quarter decrease of 2.09 percentage points [2]. - The company’s accounts receivable decreased by 6.7% year-over-year, and the operating cash flow improved, with a net cash outflow of 436 million RMB, which is 174 million RMB less than the previous year [3]. - The real estate market is showing signs of marginal improvement, which is expected to positively impact the demand for hardware products, potentially narrowing the decline in sales [4]. - The revenue forecasts for 2025-2027 are set at 6.613 billion RMB, 7.126 billion RMB, and 7.857 billion RMB respectively, with corresponding net profits of 194.79 million RMB, 251.81 million RMB, and 314.27 million RMB [5]. Summary by Sections Financial Performance - Q1 2025 revenue was 1.206 billion RMB, down 11.70% year-over-year and down 30.16% quarter-over-quarter. The net profit attributable to the parent company was -40.61 million RMB, showing a year-over-year improvement of 11.46% [1]. - The gross margin for Q1 2025 was 30.55%, reflecting a year-over-year increase of 0.19 percentage points [2]. - The company’s accounts receivable decreased to 3.004 billion RMB, a 6.7% decline year-over-year [3]. Market Outlook - The real estate market is showing signs of recovery, with new home sales in key cities increasing by 7.2% week-over-week, which may lead to improved demand for the company's products [4]. Valuation and Forecast - The revenue projections for 2025-2027 are 6.613 billion RMB, 7.126 billion RMB, and 7.857 billion RMB, with net profits of 194.79 million RMB, 251.81 million RMB, and 314.27 million RMB respectively [5].

证券代码：002791 证券简称：坚朗五金 公告编号：2025-026 广东坚朗五金制品股份有限公司 关于 2025 年一季度计提资产减值准备 及核销资产的公告 本公司及董事会全体成员保证信息披露的内容真实、准确和完 整，没有虚假记载、误导性陈述或重大遗漏。 根据《企业会计准则》《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》等有关规定，为真实、准确反映广东坚朗五 金制品股份有限公司（以下简称"公司"）2025 年一季度财务状况和经 营成果，公司及子公司对各类资产进行充分评估和减值测试。基于谨慎性 原则，公司对截至 2025 年 3 月 31 日可能发生资产减值损失的有关资产 计提资产减值准备，并对无法收回的款项进行核销。现将具体情况公告如 下： 一、 本次计提资产减值准备情况 单位：万元 | 项目 | 期初余额 | 加：本期计提 | 减：转销/核销 | 加：收回 | 期末余额 | | --- | --- | --- | --- | --- | --- | | 应收账款坏账准备 | 48,018.43 | 2,726.38 | 1,742.53 | 58.19 | 49,060.47 | ...

证券代码：002791 证券简称：坚朗五金 公告编号：2025-024 广东坚朗五金制品股份有限公司 第四届监事会第二十二次会议决议公告 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 广东坚朗五金制品股份有限公司（以下简称"公司"）第四届监 事会第二十二次会议于2025年4月28日在广东省东莞市塘厦镇坚朗路 3号公司总部会议室以现场方式召开，会议通知于2025年4月18日以电 子邮件等方式向全体监事发出，应出席会议监事3人，实际出席会议 监事3人，公司董事会秘书殷建忠先生列席了本次会议。会议由监事 会主席马龙先生主持。本次会议的召集、召开符合《中华人民共和国 公司法》《公司章程》的有关规定。 该议案表决情况：3票同意，0票反对，0票弃权，表决通过。 三、备查文件 （一）第四届监事会第二十二次会议决议。 特此公告。 二、监事会会议审议情况 本次会议审议通过了以下议案： （一）关于公司《2025年第一季度报告》的议案 监事会认为：董事会编制和审议公司《2025年第一季度报告》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 ...

证券代码：002791 证券简称：坚朗五金 公告编号：2025-023 广东坚朗五金制品股份有限公司 第四届董事会第二十七次会议决议公告 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 广东坚朗五金制品股份有限公司（以下简称"公司"）第四届董 事会第二十七次会议于2025年4月28日在广东省东莞市塘厦镇坚朗路 3号公司总部会议室，采取现场结合通讯方式召开。会议通知于2025 年4月18日以电子邮件等方式向全体董事发出。应出席会议董事11人， 实际出席会议董事11人，其中，董事闫桂林、王晓丽、赵键、赵正挺、 王立军、张爱林、许怀斌以通讯表决方式出席会议。会议由董事长白 宝鲲先生主持，公司监事及高级管理人员列席了会议，本次会议的召 开符合《中华人民共和国公司法》《公司章程》的有关规定。 二、董事会会议审议情况 本次会议审议通过了以下议案： （一）关于公司《2025年第一季度报告》的议案 公司《2025年第一季度报告》（公告编号：2025-025）同日登载于 巨潮资讯网（www.cninfo.com.cn）。 1 / 2 该议案表决情况：11 ...

Financial Performance - The company's revenue for Q1 2025 was ¥1,206,127,384.05, a decrease of 11.70% compared to ¥1,366,001,270.50 in the same period last year[3] - The net profit attributable to shareholders was -¥40,614,317.62, showing an improvement of 11.46% from -¥45,870,198.63 year-on-year[3] - The net profit after deducting non-recurring gains and losses was -¥49,873,473.81, a 14.56% improvement from -¥58,372,973.16 in the previous year[4] - The basic earnings per share were -¥0.12, an improvement of 14.29% from -¥0.14 in the same period last year[4] - The weighted average return on equity was -0.72%, an improvement of 0.18% from -0.90% year-on-year[4] - Total operating revenue decreased to ¥1,206,127,384.05 from ¥1,366,001,270.50, a decline of approximately 11.7% year-over-year[27] - Total operating costs decreased to ¥1,225,245,665.99 from ¥1,399,588,307.80, representing a reduction of about 12.4% year-over-year[28] - Net profit for the period was ¥-45,579,992.86, compared to ¥-45,503,840.25 in the previous period, indicating a slight increase in losses[29] - The company reported a total comprehensive loss of ¥-49,251,003.91, compared to ¥-46,596,925.04 in the previous period[30] Cash Flow and Financial Position - The cash flow from operating activities was -¥436,240,018.94, which is a 28.53% improvement compared to -¥610,362,100.55 last year[4] - Cash flow from operating activities showed a net outflow of ¥-436,240,018.94, an improvement from ¥-610,362,100.55 in the previous period[34] - Cash inflow from investment activities was ¥796,643,520.72, compared to ¥408,077,007.66 in the previous period, marking a significant increase[34] - Cash outflow from investment activities rose to ¥828,622,000.22 from ¥323,555,265.28, indicating increased investment activity[34] - The net cash flow from financing activities was -$26.23 million, compared to $25.74 million in the previous period, indicating a significant decline in financing cash flow[35] - Cash and cash equivalents at the end of the period totaled $572.41 million, down from $673.21 million year-over-year, reflecting a decrease of approximately 15%[35] - The total cash inflow from financing activities was $118.35 million, while cash outflow amounted to $144.57 million, resulting in a net outflow[35] - The company reported a decrease in cash and cash equivalents of approximately $494.17 million during the period, reflecting challenges in cash management[35] Assets and Liabilities - The total assets at the end of the reporting period were ¥9,101,402,783.11, a decrease of 7.91% from ¥9,883,580,238.14 at the end of the previous year[4] - The total amount of funds raised has been adjusted to no more than RMB 1,200 million, down from RMB 1,985 million[15] - The actual issuance of 32,345,013 shares at a price of RMB 18.61 per share raised a total of RMB 601,940,691.93, with a net amount of RMB 592,139,464.38[15] - Total liabilities decreased from RMB 3,920,453,607.66 to RMB 3,304,096,640.78 during the same period[25] - The company's cash and cash equivalents decreased from RMB 1,086,210,464.74 to RMB 596,704,261.41[22] - The total equity attributable to shareholders decreased from RMB 5,702,900,367.63 to RMB 5,568,253,740.04[25] - The company’s total current assets decreased from RMB 6,712,452,325.29 to RMB 5,810,443,116.00[22] - The company’s total non-current assets increased from RMB 3,171,127,912.85 to RMB 3,290,959,667.11[23] Shareholder Information and Corporate Actions - The company plans to issue A-shares to specific investors, including the controlling shareholder, Bai Baokun, as approved in recent board meetings[13] - The total number of ordinary shareholders at the end of the reporting period was 34,963[10] - The company plans to issue up to 48,231,000 shares, raising a total of no more than RMB 1,985 million[14] - The company repurchased a total of 4,413,388 shares, accounting for 1.25% of the current total share capital, with a total transaction amount of RMB 100,023,677[19] Accounting and Audit - The company did not undergo an audit for the first quarter report, which may affect the perception of financial transparency[36] - The company plans to implement new accounting standards starting in 2025, which could impact future financial reporting[36]

本公司及董事会全体成员保证公告内容真实、准确和完整，没 有虚假记载、误导性陈述或者重大遗漏。 特别提示： 1、本次股东会未出现否决提案的情形。 2、本次股东会未涉及变更以往股东会已通过的决议。 一、会议召开和出席情况 1、会议召开情况 （1）会议召开时间： 现场会议召开时间为：2025年4月18日下午14:00 证券代码：002791 证券简称：坚朗五金 公告编号：2025-022 广东坚朗五金制品股份有限公司 2024年年度股东会决议公告 网络投票时间为： 通过深圳证券交易所交易系统进行网络投票的具体时间为2025 年4月18日上午9:15-9:25、9:30-11:30和下午13:00-15:00； 通过深圳证券交易所互联网投票系统投票的具体时间为4月18日 9:15-15:00期间的任意时间。 （2）现场会议召开地点：广东省东莞市塘厦镇坚朗路3号公司总 部会议室。 （3）会议召开方式：本次股东会采取现场表决与网络投票相结 1 / 7 合的方式。 （4）会议召集人：公司董事会 （5）现场会议主持人：董事长白宝鲲先生 （6）本次会议的召集、召开与表决程序符合《公司法》《上市公 司股东会规则》《深圳证券交易所 ...

北京市东城区建国门内大街 26 号新闻大厦 7 层、8 层 电话：010-88004488/66090088 传真：010-66090016 邮编：100005 北京国枫律师事务所 关于广东坚朗五金制品股份有限公司 2024 年年度股东会的 法律意见书 国枫律股字[2025]A0121 号 致：广东坚朗五金制品股份有限公司（贵公司） 北京国枫律师事务所（以下简称"本所"）接受贵公司的委托，指派律师出席并见 证贵公司2024年年度股东会（以下简称"本次会议"）。 本所律师根据《中华人民共和国公司法》（以下简称"《公司法》"）、《中华人 民共和国证券法》（以下简称"《证券法》"）、《上市公司股东会规则》（以下简称 "《股东会规则》"）、《律师事务所从事证券法律业务管理办法》（以下简称"《证 券法律业务管理办法》"）、《律师事务所证券法律业务执业规则（试行）》（以下简 称"《证券法律业务执业规则》"）等相关法律、行政法规、规章、规范性文件及《广 东坚朗五金制品股份有限公司章程》（以下简称"《公司章程》"）的规定，就本次会 议的召集与召开程序、召集人资格、出席会议人员资格、会议表决程序及表决结果等事 宜，出具本法律意 ...

Group 1: Company Strategy and Market Focus - The company will continue to focus on the construction hardware sector, aiming to explore growth opportunities in various markets while maintaining its performance base [2] - The strategy for 2025 includes "stabilizing the market and adjusting the structure," with an emphasis on the "real estate + 1 + 1 + 1" approach to expand into new product lines and overseas markets [2] Group 2: Financial Performance - In 2024, the company achieved a net profit of approximately 89.98 million, a decrease of 72% year-on-year, with total revenue of 6.638 billion, down 14.9% [4] - The gross profit margin for 2024 was 31.65%, a decline of 0.57 percentage points compared to the previous year [5] Group 3: Overseas Market Development - In 2024, overseas revenue reached 884 million, representing a year-on-year growth of 14.72%, with overseas business accounting for over 13% of total revenue [4] - The company has established multiple sales subsidiaries and offices abroad, adopting a direct sales model to enhance its overseas market presence [4] Group 4: Product Line and Market Adaptation - The decline in product line performance is primarily linked to door and window products related to real estate, prompting the company to expand into home decoration and non-real estate projects [3] - New product categories launched in 2024, such as home ventilation products and aluminum composite panels, have seen over 15% growth [10] Group 5: Cost Control and Efficiency - The company is implementing measures to optimize production processes and enhance automation to reduce costs and improve efficiency [3][5] - Strategies for profit enhancement include refining business functions and adopting meticulous management practices [3] Group 6: Future Outlook - The company anticipates that the domestic construction industry will continue to recover, presenting new market opportunities driven by diverse demand [9] - The focus for 2025 will be on new market scenarios and further development of overseas business [9]