Investment Rating - The report maintains a "Buy" rating for the company [4][6]. Core Views - The company's revenue for 2024 is projected to be 3.2 billion, representing an 11% year-over-year increase, with a net profit of 350 million, reflecting a 77% increase [1]. - The significant improvement in gross margin, which increased by 4.9 percentage points to 47.21%, is attributed to refined management practices and cost reduction initiatives [2]. - The company is focusing on high-growth areas such as domestic substitution and emerging industries, including low-altitude economy and artificial intelligence [3]. Financial Performance - In 2024, the company achieved a quarterly revenue growth of 13% in Q4, with net profit growth of 145% in the same quarter [1]. - The annual net profit margin reached 11%, a substantial increase of 4 percentage points compared to the previous year [2]. - The company reported a net cash inflow from operating activities of 860 million, an increase of 200 million year-over-year [2]. Business Segments - The measurement services segment generated revenue of 745 million, up 3.8%, while other segments such as environmental testing and integrated circuit testing saw revenue increases of 10% and 26%, respectively [1]. - The company is actively optimizing its business structure by reducing losses in underperforming segments, particularly in food and environmental testing [2]. Dividend and Shareholder Returns - The company plans to distribute a total cash dividend of 224 million, with a dividend payout ratio of 64%, marking a significant increase of 20 percentage points from the previous year [4]. - The company has also repurchased 22.86 million shares, totaling 390 million, as part of its market value management strategy [4]. Future Projections - The company expects net profits for 2025, 2026, and 2027 to be 390 million, 450 million, and 510 million, respectively, with year-over-year growth rates of 12%, 14%, and 14% [4]. - The projected earnings per share (EPS) for the same years are 0.68, 0.77, and 0.87 yuan, with corresponding price-to-earnings (P/E) ratios of 29, 25, and 22 [4].

Investment Rating - The report maintains a "Buy" rating for the company [4][6]. Core Views - The company's revenue for 2024 is projected to be 3.2 billion, representing an 11% year-over-year increase, with a net profit of 350 million, reflecting a 77% increase [1]. - The significant improvement in gross margin, which increased by 4.9 percentage points to 47.21%, is a key driver of the company's performance [2]. - The company is focusing on high-growth areas such as domestic substitution and emerging industries, including low-altitude economy and artificial intelligence [3]. Financial Performance - The company achieved a quarterly revenue growth of 8% in Q1, 10% in Q2, 11% in Q3, and 13% in Q4 of 2024 [1]. - The net profit margin for the year reached 11%, a substantial increase of 4 percentage points compared to the previous year [2]. - The company plans to distribute a total cash dividend of 224 million, with a dividend payout ratio of 64%, which is a 20 percentage point increase from the previous year [4]. Business Segments - The measurement services segment generated revenue of 745 million, up 3.8%, while other segments such as environmental testing and integrated circuits saw revenue increases of 10% and 26%, respectively [1]. - The company is actively optimizing its business structure by reducing losses in underperforming segments, particularly in food and environmental testing [2]. Future Projections - The company expects net profits for 2025, 2026, and 2027 to be 390 million, 450 million, and 510 million, respectively, with year-over-year growth rates of 12%, 14%, and 14% [4]. - Earnings per share (EPS) are projected to be 0.68, 0.77, and 0.87 yuan for the years 2025, 2026, and 2027 [4].

Meeting Overview - The fifth meeting of the Supervisory Board of the company was held on March 26, 2025, at 17:00, combining in-person and remote attendance, with all three supervisors present [1] Resolutions Passed - The Supervisory Board approved the 2024 Annual Work Report, which will be submitted to the shareholders' meeting for review, with a unanimous vote of 3 in favor [2] - The 2024 Annual Financial Settlement Report was also approved, pending submission to the shareholders' meeting, with a unanimous vote of 3 in favor [2] - The profit distribution plan for 2024 was approved, proposing a cash dividend of 1.50 yuan (including tax) for every 10 shares, with a unanimous vote of 3 in favor [2] - The 2024 Annual Report and its summary were approved, confirming compliance with legal and regulatory requirements, with a unanimous vote of 3 in favor [3] - The 2024 Internal Control Evaluation Report was approved, reflecting the company's internal control construction and operation, with a unanimous vote of 3 in favor [3] - The Special Report on the Use of Raised Funds for 2024 was approved, with a unanimous vote of 3 in favor [4] - The proposal to temporarily use 150 million yuan of idle raised funds to supplement working capital was approved, with a unanimous vote of 3 in favor [4] - The performance assessment and 2025 performance indicators for senior management were approved, with 2 votes in favor and 1 abstention [5] - The proposal for asset impairment provision was approved, confirming compliance with accounting standards, with a unanimous vote of 3 in favor [5] - The reappointment of the auditing firm for 2025 was approved, with a unanimous vote of 3 in favor [6]

Meeting Overview - The company will hold its 2024 Annual General Meeting (AGM) on April 17, 2025 [1] - The meeting is convened by the company's board of directors, following a decision made on March 26, 2025 [1] - The meeting complies with relevant laws, regulations, and the company's articles of association [1] Voting Details - Voting will be conducted through a combination of on-site and online methods [2] - The specific time for online voting via the Shenzhen Stock Exchange system is April 17, 2025 [2] - The record date for shareholders to attend the AGM is April 14, 2025 [2] Attendance and Proxy - All registered ordinary shareholders have the right to attend the AGM and may appoint a proxy to attend and vote on their behalf [2] - The proxy does not need to be a shareholder of the company [2] Agenda Items - The AGM will review various proposals, including the profit distribution plan for 2024 [3] - Independent directors will present their reports during the AGM [3] - Special attention will be given to significant matters affecting minority investors, with separate vote counting for these items [4] Registration and Contact Information - Shareholders must complete registration procedures by providing necessary identification documents [4] - Contact details for inquiries include phone numbers and email addresses for the company's securities department [4] Online Voting Process - Detailed procedures for participating in online voting are provided, ensuring that the first valid vote is counted in case of duplicate voting [5] - Shareholders must complete identity verification to participate in online voting [5]

Core Viewpoint - The company has approved a profit distribution plan for the fiscal year 2024, proposing a cash dividend of 1.50 yuan per 10 shares, based on a net profit of approximately 221 million yuan [1][2]. Group 1: Profit Distribution Plan - The board of directors approved the profit distribution plan with a unanimous vote of 9 in favor [1]. - The company achieved a net profit of 221,078,921.14 yuan for the fiscal year 2024, after allocating 22,107,892.11 yuan to statutory surplus reserves [1]. - The total distributable profit available for shareholders at the end of 2024 is 498,203,019.90 yuan [1]. Group 2: Cash Dividend Details - The proposed cash dividend is 1.50 yuan per 10 shares, which includes tax, with no stock dividends or capital reserve transfers [1]. - The estimated total cash dividend payout is 84,058,155.30 yuan, based on the number of shares entitled to profit distribution [2]. - The company has a total share capital of 583,245,846 shares, with 22,858,144 shares already repurchased, leaving 560,387,702 shares eligible for profit distribution [2]. Group 3: Historical Dividend Comparison - The total cash dividend for the current year is projected to be 224,155,080.80 yuan, compared to 86,283,876.90 yuan in the previous two years [3]. - The cumulative cash dividends over the last three fiscal years amount to 396,722,834.60 yuan [3]. - The net profit attributable to the parent company for the current year is 352,109,923.29 yuan, representing a 174.46% increase [2].

广电计量检测集团股份有限公司 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。 特别提示： 本次续聘会计师事务所符合财政部、国务院国资委、证监会印发的《国有企 业、上市公司选聘会计师事务所管理办法》（财会〔2023〕4 号）的规定。 一、拟续聘会计师事务所的基本情况 （一）机构信息 1.基本信息 容诚会计师事务所（特殊普通合伙）（以下简称"容诚"）由原华普天健会计 师事务所（特殊普通合伙）更名而来，初始成立于 1988 年 8 月，2013 年 12 月 10 日改制为特殊普通合伙企业，是国内最早获准从事证券服务业务的会计师事 务所之一，长期从事证券服务业务。注册地址为北京市西城区阜成门外大街 22 号 1 幢 10 层 1001-1 至 1001-26，首席合伙人刘维。 证券代码：002967 证券简称：广电计量 公告编号：2025-025 拟续聘会计师事务所的公告 2.人员信息 截至 2024 年 12 月 31 日，容诚共有合伙人 212 人，共有注册会计师 1,552 人，其中 781 人签署过证券服务业务审计报告。 3.业务规模 容诚经审计的 2023 ...

容诚会计师事务所（特殊普通合伙）（以下简称"容诚所"） 由原华普天健会计师事务所（特殊普通合伙）更名而来，初始成 立于 1988 年 8 月，2013 年 12 月 10 日改制为特殊普通合伙企业， 是国内最早获准从事证券服务业务的会计师事务所之一，长期从 事证券服务业务，注册地址为北京市西城区阜成门外大街 22 号 1 幢 10 层 1001-1 至 1001-26，首席合伙人刘维。 截至 2024 年 12 月 31 日，容诚会计师事务所共有合伙人 212 人，共有注册会计师 1552 人，其中 781 人签署过证券服务业务审 计报告。 容诚会计师事务所经审计的 2023年度收入总额为 287,244.60 万元，其中审计业务收入 274,873.42 万元，证券期货业务收入 149,856.80 万元。 容诚会计师事务所共承担 394 家上市公司 2023 年年报审计 业务，审计收费总额 48,840.19 万元，客户主要集中在制造业（包 括但不限于计算机、通信和其他电子设备制造业、专用设备制造 业、电气机械和器材制造业、化学原料和化学制品制造业、汽车 制造业、医药制造业、橡胶和塑料制品业、有色金属冶炼 ...

证券代码：002967 证券简称：广电计量 公告编号：2025-026 广电计量检测集团股份有限公司 关于召开 2024 年度股东大会的通知 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。 广电计量检测集团股份有限公司（以下简称"公司"）将于 2025 年 4 月 17 日（星期四）召开公司 2024 年度股东大会，现将本次股东大会的有关事项通知 如下： 一、召开会议的基本情况 （一）股东大会届次：2024 年度股东大会。 （二）股东大会的召集人：公司董事会。2025 年 3 月 26 日公司第五届董事 会第十八次会议决定召开本次股东大会。 （三）会议召开的合法、合规性：本次股东大会的召开合法、合规，符合《公 司法》等有关法律法规、深圳证券交易所（以下简称"深交所"）业务规则和公 司章程的规定。 （四）会议召开的日期、时间： 1.现场会议：2025 年 4 月 17 日 16:00 开始； 2.网络投票： （1）通过深交所交易系统进行网络投票的具体时间为 2025 年 4 月 17 日 9:15-9:25、9:30-11:30、13:00-15:00； （2） ...

证券代码：002967 证券简称：广电计量 公告编号：2025-016 广电计量检测集团股份有限公司 第五届监事会第十次会议决议公告 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 广电计量检测集团股份有限公司（以下简称"公司"）第五届监事会第十次 会议于 2025 年 3 月 26 日 17:00 时在广州市番禺区石碁镇创运路 8 号广电计量科 技产业园科研创新楼 24 楼会议室以现场和通讯相结合的方式召开。会议通知于 2025 年 3 月 14 日以书面、电话、电子邮件等方式发出。会议由监事会主席陈荣 先生主持，会议应出席监事 3 名，实际出席监事 3 名（张晓莉女士以通讯方式出 席），董事和高级管理人员列席，符合《公司法》等有关法律法规和公司章程的 规定，合法有效。 二、监事会会议审议情况 （一）审议通过《关于监事会 2024 年度工作报告的议案》 表决结果：同意 3 票，反对 0 票，弃权 0 票。 本议案尚需提交公司股东大会审议。 详见公司刊登于巨潮资讯网 www.cninfo.com.cn 的《监事会 2024 年度工作报 ...

证券代码：002967 证券简称：广电计量 公告编号：2025-015 广电计量检测集团股份有限公司 第五届董事会第十八次会议决议公告 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 表决结果：同意 9 票，反对 0 票，弃权 0 票。 本议案尚需提交公司股东大会审议。 《董事会 2024 年度工作报告》相关内容详见公司 2024 年年度报告第三节。 （二）审议通过《关于总经理 2024 年度工作报告的议案》 表决结果：同意 9 票，反对 0 票，弃权 0 票。 （三）审议通过《关于 2024 年度财务决算报告的议案》 表决结果：同意 9 票，反对 0 票，弃权 0 票。 本议案尚需提交公司股东大会审议。 广电计量检测集团股份有限公司（以下简称"公司"）第五届董事会第十八 次会议于 2025 年 3 月 26 日 15:30 时在广州市番禺区石碁镇创运路 8 号广电计量 科技产业园科研创新楼 24 楼会议室召开。会议通知于 2025 年 3 月 14 日以书面 及电子邮件、电话等方式发出。会议由董事长杨文峰先生主持，应出席董事 9 名， ...