非经常性损益鉴证报告 江苏博俊工业科技股份有限公司 容诚专字[2025]230Z0107 号 容诚会计师事务所(特殊普通合伙) 中国·北京 目 录 | 序号 | | 内 | 容 | 页码 | | --- | --- | --- | --- | --- | | 1 | 非经常性损益鉴证报告 | | | 1-2 | | 2 | 非经常性损益明细表 | | | 3 | 容诚会计师事务所（特殊普通合伙） 总所：北京市西城区阜成门外大街 22 号 外经贸大厦 15 层 / 922-926 (100037) TEL:010-6600 1391 FAX:010-6600 1392 E-mail:bj@rsmchina.com.cn https://www.rsm.global/china/ 关于江苏博俊工业科技股份有限公司 非经常性损益的鉴证报告 容诚专字[2025]230Z0107 号 四、工作概述 我们按照《中国注册会计师其他鉴证业务准则第 3101 号—历史财务信息审计 或审阅以外的鉴证业务》的规定执行了鉴证业务。该准则要求我们计划和实施鉴 证工作，以对非经常性损益明细表是否不存在重大错报获取合理保证。在鉴证过 程中 ...

一、董事会会议召开情况 江苏博俊工业科技股份有限公司（以下简称"公司"）第五届董事会第十次 会议于2025年1月22日在公司五楼会议室以现场及通讯会议的方式召开。会议通 知已于2025年1月17日以书面、电话方式送达各位董事，并于2025年1月20日发出 补充通知。本次会议由董事长伍亚林先生召集并主持，会议应出席董事7人，实 际出席董事7人。公司全体监事及高级管理人员列席了本次会议。会议的通知、 召集、召开和表决程序符合《中华人民共和国公司法》《深圳证券交易所创业板 股票上市规则》《深圳证券交易所上市公司自律监管指引第2号——创业板上市 公司规范运作》《公司章程》等有关规定。 二、董事会会议审议情况 经与会董事认真审议，形成如下决议： 1、审议通过关于公司2024年度以简易程序向特定对象发行股票竞价结果的 议案 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》"）、《上市公司证券发行注册管理办法》 （以下简称"《注册管理办法》"）等法律、法规和规范性文件的规定及公司2023 年年度股东大会的授权，公司及保荐机构（主承销商）东方证券股份有限公司向 符合条件 ...

证券代码：300926 证券简称：博俊科技 公告编号：2025-006 江苏博俊工业科技股份有限公司（以下简称"公司"）于2025年1月22日召开 第五届董事会第十次会议和第五届监事会第二次会议，审议通过了《关于公司 2024年度以简易程序向特定对象发行股票竞价结果的议案》《关于公司2024年 度以简易程序向特定对象发行股票预案（修订稿）的议案》等相关议案，对本次 以简易程序向特定对象发行股票的预案进行了修订。 《江苏博俊工业科技股份有限公司2024年度以简易程序向特定对象发行股 票预案（修订稿）》及相关文件具体内容详见公司同日披露于巨潮资讯网 （http://www.cninfo.com.cn）的相关公告，请投资者注意查阅。 江苏博俊工业科技股份有限公司关于 2024年度以简易程序向特定对象发行股票预案（修订稿） 披露的提示性公告 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。 江苏博俊工业科技股份有限公司董事会 1 / 1 该预案的披露事项不代表审批机关对于本次发行相关事项的实质性判断、 确认、批准或注册。该预案所述 ...

证券代码：300926 证券简称：博俊科技 公告编号：2025-008 江苏博俊工业科技股份有限公司 2024 年度以简易程序向特定对象发行股票 方案论证分析报告 （修订稿） 二〇二五年一月 江苏博俊工业科技股份有限公司（以下简称"博俊科技"、"公司"）为深圳 证券交易所创业板上市公司。为满足公司业务发展的资金需求，扩大公司经营 规模，提升公司综合竞争力，根据《中华人民共和国公司法》《中华人民共和国 证券法》和《上市公司证券发行注册管理办法》等有关法律、行政法规、部门 规章或规范性文件和《公司章程》的规定，公司拟以简易程序向特定对象发行 股票，并编制本方案论证分析报告。 本论证分析报告中如无特别说明，相关用语具有与《江苏博俊工业科技股 份有限公司 2024 年度以简易程序向特定对象发行股票预案（修订稿）》中相同 的含义。 一、本次发行的背景和目的 （一）本次发行的背景 1、国家政策支持汽车零部件行业的发展 为促进我国汽车零部件行业积极健康发展，近年来我国相关部门颁布了行 业相关政策发展规划。2017 年 4 月 25 日，《汽车产业中长期发展规划》发布， 规划提出要开展汽车整车工艺、关键总成和零部件等先进制造 ...

证券代码：300926 证券简称：博俊科技 公告编号：2025-010 江苏博俊工业科技股份有限公司 2024年度以简易程序向特定对象发行股票 摊薄即期回报情况及相关填补措施和相关主体承诺（修订稿） 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。 作出如下假设： （1）宏观经济环境、产业政策、行业发展状况等方面没有发生重大变化； （2）假设公司于 2025 年 2 月底之前完成本次发行。该时间仅用于测算本次 以简易程序向特定对象发行股票摊薄即期回报对主要财务指标的影响，最终以中 国证监会发行注册后实际发行完成时间为准； （3）不考虑本次发行募集资金到账后，对公司生产经营、财务状况（包括 财务费用、投资收益、利息摊销等）的影响； 重大事项提示： 以下关于江苏博俊工业科技股份有限公司（以下简称"博俊科技"、"公司"） 2024年度以简易程序向特定对象发行股票后其主要财务指标的分析、描述均不构 成公司的盈利预测或承诺，制定填补回报措施不等于对公司未来利润做出保证， 投资者不应仅依据该等分析、描述进行投资决策，如投资者据 ...

证券代码：300926 证券简称：博俊科技 公告编号：2025-007 《江苏博俊工业科技股份有限公司2024年度以简易程序向特定对象发行股 票预案（修订稿）》（以下简称"预案（修订稿）"）及相关公告已在中国证监 会指定的创业板信息披露网站巨潮资讯网（www.cninfo.com.cn）披露，敬请投 资者注意查阅。 预案（修订稿）的披露事项不代表审批机关对于本次发行相关事项的实质 性判断、确认、批准或注册。预案（修订稿）所述本次发行相关事项的生效和完 成尚需深圳证券交易所审核同意并报经中国证券监督管理委员会同意注册后方 可实施。敬请广大投资者注意投资风险。 江苏博俊工业科技股份有限公司 根据公司2023年年度股东大会的授权，本次修订预案无需提交公司股东会 审议。预案主要修订情况如下： | 序号 | 预案章节 | 内容 | 修订情况 | | --- | --- | --- | --- | | 1 | 重要提示 | 重要提示 | 更新本次发行相关事项的审议情况、 发行对象、认购金额、发行价格与发 | | | | | 行数量、定价基准日 | | | 第一节 本次发 | 一、发行人基本情况 | 更新公司注册资本情况 ...

Company Overview - Jiangsu Bojun Industrial Technology Co., Ltd. was established in 2011, focusing on the R&D, design, production, and sales of automotive precision components and molds [2][3] - The company offers a one-stop solution for automotive parts, covering various systems such as steering, power, doors, sunroofs, electronics, interiors, and seating [2][3] - Bojun has established strategic partnerships with renowned manufacturers like Geely, Changan, BYD, and Magna [3] Financial Performance - The company anticipates significant growth in 2024 due to a stable increase in the passenger car market and the rapid growth of the new energy vehicle sector [4] - In 2023, other business income accounted for 8.06% of total revenue, with expectations for this percentage to change in 2024 [4] Production Capacity - The company has installed two 9000T die-casting units at its subsidiary in Changzhou, with a third unit planned for installation in Q1 2025 [4][5] Market Engagement - Bojun has secured project allocations for various platforms from Leap Motor, including A, B, C, and D platforms [5]

Investment Rating - The report maintains a "Buy" rating for the company [2] Core Views - The company's 2024 performance exceeded expectations, with a projected net profit attributable to the parent company of RMB 5.86 billion to RMB 6.79 billion, representing a year-on-year increase of 90% to 120% [3] - The company's strong customer structure, including key clients like Xiaopeng, Geely, and Seres, is expected to drive continued revenue growth [4] - The company's modular body business is deeply integrated with major clients such as Li Auto, Geely, BYD, and Changan, contributing to sustained high growth [4] - The company's comprehensive body manufacturing capabilities and integrated production chain provide a competitive advantage in cost and responsiveness [4] - The company's capacity expansion in key regions (Southwest, Yangtze River Delta, Beijing-Tianjin-Hebei, and Pearl River Delta) supports future growth [4] Financial Performance and Projections - Revenue for 2023 is estimated at RMB 2.6 billion, with a projected growth of 87% year-on-year [2] - Revenue for 2024 is projected to reach RMB 4.315 billion, with a growth rate of 66% [2] - Net profit attributable to the parent company is expected to grow from RMB 309 million in 2023 to RMB 1.081 billion in 2026, with a compound annual growth rate of 36% [2] - Earnings per share (EPS) is projected to increase from RMB 0.74 in 2023 to RMB 2.58 in 2026 [2] - The company's P/E ratio is expected to decrease from 30.7 in 2023 to 8.7 in 2026, indicating improving valuation metrics [2] Operational Highlights - The company's 24Q4 profit is estimated at RMB 260 million, a year-on-year increase of 108% and a quarter-on-quarter increase of 94%, driven by new orders from Xiaopeng and improved profitability due to economies of scale [4] - The company's gross margin is expected to remain stable at 27.3% from 2024 to 2026 [6] - The company's return on equity (ROE) is projected to increase from 17.7% in 2023 to 27.5% in 2025 [6] Strategic Advantages - The company has a comprehensive range of body manufacturing technologies, including stamping, welding, laser welding, injection molding, and integrated die-casting, enabling it to provide full-body solutions [4] - The company's integrated capabilities, from mold design to modular product manufacturing, enhance its cost efficiency and responsiveness [4] - The company's capacity expansion, including new factories in Chongqing, Changzhou, and Hebei, supports its ability to meet growing customer demand [4]

Investment Rating - The report maintains a "Buy" rating for the company [5] Core Views - The company is expected to achieve a net profit attributable to shareholders of 590-680 million yuan in 2024, representing a year-on-year growth of 90%-120% [1] - The strong performance is primarily driven by the increase in orders from core customers in the new energy vehicle sector, with a projected net profit of 220-310 million yuan in Q4 2024, reflecting a year-on-year growth of 72%-145% and a quarter-on-quarter growth of 60%-129% [1] - The company is expanding its production capacity and has a solid order backlog, which is expected to support long-term growth [2][3] Financial Performance - Revenue is projected to grow from 2.6 billion yuan in 2023 to 4.719 billion yuan in 2024, with a year-on-year growth rate of 81.5% [4] - Net profit is expected to increase from 309 million yuan in 2023 to 640 million yuan in 2024, with a year-on-year growth rate of 107.3% [4] - The company’s earnings per share (EPS) is forecasted to rise from 0.74 yuan in 2023 to 1.52 yuan in 2024 [4] Market Position and Strategy - The company is focusing on technology research and innovation, mastering key production processes such as stamping, laser welding, and integrated die-casting, which enhances its competitive edge in the white body assembly market [2] - The company has established partnerships with major automotive suppliers and manufacturers, including Thyssenkrupp, Magna, and BYD, which strengthens its market position [2] - The expansion of production bases in various locations is expected to meet customer demand effectively and enhance the company's ability to secure contracts [2]

Investment Rating - The report maintains a "Buy" rating for the company [3] Core Views - The company is expected to achieve a significant increase in net profit for 2024, with an estimated growth of 90%-120% to reach between 586 million and 679 million yuan, surpassing previous forecasts [1] - The strong performance in Q4 2024 is attributed to the ramp-up in sales of the Xiaopeng MONA M03 and stable growth in sales from key downstream customers like Li Auto and Seres [1] - The company is expanding its product categories and customer base, successfully partnering with leading automotive manufacturers and introducing new clients such as Leap Motor and Xiaopeng [2] - The company is transitioning to a Tier 1 supplier status, with a focus on high-quality clients and the introduction of new manufacturing processes, including integrated die-casting expected to start mass production in Q2 2025 [2] Financial Performance and Forecast - The company’s revenue is projected to grow significantly from 4.286 billion yuan in 2024 to 5.439 billion yuan in 2025, with a growth rate of 26.90% [4] - Net profit is forecasted to increase from 602 million yuan in 2024 to 750 million yuan in 2025, reflecting a growth rate of 24.63% [4] - The earnings per share (EPS) is expected to rise from 1.44 yuan in 2024 to 1.79 yuan in 2025 [4] - The company’s return on equity (ROE) is projected to be 26.18% in 2024, slightly decreasing to 25.35% in 2025 [4] Key Metrics - The company’s gross margin is expected to improve to 27.8% in 2024, before slightly declining to 27.0% in 2025 [11] - The price-to-earnings (P/E) ratio is projected to decrease from 16 in 2024 to 13 in 2025, indicating a more attractive valuation over time [12] - The company’s total assets are expected to grow from 7.757 billion yuan in 2024 to 9.965 billion yuan in 2025 [10]