[年报]博实股份(002698):2023年年度报告摘要（英文版）
原标题:博实股份:2023年年度报告摘要（英文版） （Abstract） Ⅰ. Important Notes This Abstract is extracted from Annual Report 2023. In order to have a full understanding of the operating results, financial condition and future development planning of the Company, investors are suggested to read the full report carefully on the media designated by the China Securities Regulatory Commission (the “CSRC”). The Company’s 2023 Annual Report is prepared and published in Chinese version, and the English version is for reference only. Should there be any inconsistency between the Chinese version and English version, the Chinese version shall prevail. All directors attended the Board Meeting in person for reviewing of this Annual Report. Indicate by check mark if independent auditor issues non-standard unqualified opinion. □Applicable √Not applicable Indicate by check mark if there is a pre-arranged plan of profit distribution or transferring capital reserve into common stock for the report period which has been reviewed by the Board of Directors. √Applicable □Not applicable Indicate by check mark if transferring capital reserve into common stock. □Yes √No The Company’s common stock pre-arranged profit distribution plan approved by the ninth meeting of the fifth Board of Directors is as follows: based on 1,021,986,802 shares, which was the total share capital of the st Shenzhen Stock Exchange closed on December 31 , 2023, deducting shares in buy-back account, the Company will pay a cash dividend of RMB 2.50 (tax included) for every 10 shares to all shareholders, and 0 bonus shares, and no increase of common stock through capital reserve. According to the Proposal on the Company’s Public Offering of Convertible Corporate Bonds, all shareholders (including those formed by the convertible bonds) registered on the date of registration of the dividend payment are equally entitled to participate in the current distribution of profits. Indicate by check mark if preplan for preferred stocks profit distribution to shareholders for the report period which has been reviewed and approved by the Board of Directors. II. Basic Situation of the Company 1. Company Profile
In order to speed up the planning and implementation of the construction function of the Company’s regional headquarters and provide convenience for value investment, the Company has set up a “Securities and Investment Affairs Office” at No. 1102, Building 2, Huijin Building, No. 55, Shangxiang Road, Huaqiao Economic Development Zone, Kunshan City, Jiangsu Province. Welcome securities investors to inquire about the follow-up of the investigation. 2. Key Financial Information (1) Key accounting data and financial indicators in the past three years Does the Company need to make retroactive adjustment or restatement of the accounting data of the previous year. √Yes □No Retroactive adjustment or restatement reasons In accordance with the Accounting Standards Interpretation for Business Enterprises No. 16 (Finance and Accounting (2022) No. 31) issued by the Ministry of Finance in November 2022, the Company adjusts the taxable temporary differences and deductible temporary differences arising from the lease liabilities and use rights assets recognized by the leasing business. Unit: RMB Increase/de crease of 2022 2021 2023 over 2023 2022 After Before adjustment After adjustment Before adjustment After adjustment adjustment
crease of As of Dec.31, 2022 As of Dec.31, 2021 2023 over As of Dec.31, 2022 2023 After Before adjustment After adjustment Before adjustment After adjustment adjustment
(2) Key accounting data by quarter Unit: RMB
Indicate by check mark if any material difference between the above financial indicators or their summations and those which have been disclosed in the Company’s Quarterly or Interim report. □Yes √No 3. Shareholders Information (1)Total number of common shareholders and preference shareholders with voting rights recovered and top ten common shareholders Unit: Share
Pledged, marked or frozen Quantity of Quantity of stocks restricted Name Nature Ownership stocks stocks held Status Quantity
Top 10 shareholders involved in refinancing shares lending □Applicable √Not applicable Changes in shares that the top 10 shareholders compared with the prior period √ Applicable □Not applicable Unit: shares Changes in shares that the top 10 shareholders Shares in the common account and credit Shares lent in refinancing and not yet account plus shares lent in refinancing and Add/exit in returned at the period-end not yet returned at the period-end period As % of total As % of total share Total shares Total shares share capital capital
(2) The total number of preferred shareholders and the top 10 preferred shareholders’ shareholdings of the Company During the reporting period, the Company did not have preferred stockholders holding shares. (3) The ownership and controlling relationship between the Company and its actual controller in form of diagram 4. Bonds (1) Bond profile
(2) Top 10 convertible bond holders
(3) Latest rating and rating change th On June 26 , 2023, China Lianhe Credit Rating Co., Ltd. issued the 2023 Credit Rating Report of Harbin Boshi Automation Co., Ltd.’s Public Issuance of Convertible Corporate Bonds. The long-term credit rating of the Company maintained “AA”, the credit rating of this convertible corporate bond was “AA”, and the bond rating outlook was “stable”. The result of this tracking rating did not changed from the previous rating. The credit rating report mentioned above is available at cninfo.com.cn. (4) Selected financial information of the Company for the past two years Unit: RMB’0,000
Ⅲ.Important Issues st The Company held the sixth meeting of the fifth Board of Directors on November 1 , 2023, reviewed and st passed the Proposal on the Plan to Buyback Part of the Company’s Shares. As of December 31 , 2023, the Company has done 569,800 shares buy-back of the Company in total, accounting for 0.06% of the total Company’s share capital, with the highest transaction price of RMB16.00 per share and the lowest price of RMB14.91 per share, with a total transaction amount of RMB 8,864,709.00 (excluding transaction fees). As th of March 15 , 2024, the Company confirmed that this share buy-back plan has been completed, and the Company has done 7,203,019 shares buy-back of the Company in total, accounting for 0.70% of the total share capital, with the highest transaction price of RMB 17.88 per share and the lowest transaction price of RMB 10.58 per share. The total transaction amount is RMB 100,125,282.85 (excluding transaction fees). IV. Management Discussion and Analysis 1. The Company’s Industry Status during the Reporting Period (1) Industry overview According to the proportion of revenue during the reporting period, the Company’s main businesses in its industry are shown in the following figure： The core growth businesses of the Company are intelligent manufacturing equipment and industrial services rooted in intelligent manufacturing equipment, which belong to high-end equipment manufacturing industry and modern service industry respectively. Moreover, they are all key industrial directions supported and encouraged by the State. From the perspective of revenue composition, the revenue of two core growing businesses, intelligent manufacturing equipment and industrial services, account for 96% of total, as well as supplemented beneficially by environmental protection process equipment. Intelligent Manufacturing Equipment： “Manufacturing is the main body of the national economy, the foundation of building the country, the instrument of rejuvenating the country and the foundation of strengthening the country.” Made in China 2025 points out that “accelerating the integrated development of the new generation of information technology and manufacturing technology and taking intelligent manufacturing are the main direction of the th in-depth integration of informatization and industrialization.” In recent years, the state issued the 14 th Five-Year Plan for Intelligent Manufacturing Development, the 14 Five-Year Plan for the Development of th Robot Industry, the 14 Five-Year Plan for In-depth Integration of IT Application and Industrialization, the th 14 Five-Year Plan for the Development of Digital Economy, “Robot Plus” Application and Implementation Plan, Implementation Opinions on Promoting Innovative Development of Future Industries, which th established the high-end equipment manufacturing industry in the “14 Five-Year Plan” and 2035 long term goals, promoted the layout of future industrial innovation and development, provided clear guidelines and directions for accelerating the construction of a manufacturing power, a digital industry and a digital China and promoted the development of China’s intelligent manufacturing and digital economy. From the industry practice, large-scale Chinese manufacturing enterprises generally use automated product and fewer intelligent technologies are used. The overall level of intelligent manufacturing in China is still far away from the world’s advanced level. It is foreseeable that the endogenous power of leading manufacturing enterprises has a large potential demand for intelligent manufacturing equipment and the overall solution of intelligent factories, and the market demand presents long-term, sustainable and without obvious periodicity. The Company has been engaging in the field of intelligent equipment for a long time, with independent intellectual property rights of intelligent manufacturing equipment products, to help China’s manufacturing promote quality and efficiency. Replacing imported equipment or industry-first applications to promote the technological progress of related industries with scientific and technological innovation. In recent years, the State actively advocates the implementation of industrial digitalization strategies. The Company has accelerated the accumulation application of digital and intelligent technologies mastered by the Company. Now it has the designing and implementation capability of digital workshops，intelligent factories and overall solutions in multiple product application fields. The Company’s intelligent manufacturing equipment are widely applied in petrochemical, sub-merged arc furnace, new energy, grain, animal feeds, building materials, medicine, food, port, and many other industries, to provide customers with efficient intelligent manufacturing equipment, and promote the application and implementation of the overall smart factory solution. The Company’s technology and intelligent equipment are in the leading position in the application field of domestic industry, no competitors in the same volume; In some fields, the Company products and technology applications are in the world leading level. The Company implements differentiation competitive strategy (technology leadership). With the accumulation and industrial application practice in the direction of automation, digital, intelligent technology, the Company concentrates advantage, integrates resources, saves competitiveness, to response and guild the market demand actively with rich product line and intelligent manufacturing overall solution; The Company strives to achieve its own relatively fast development and bring desirable returns to shareholders. Industrial Service： th On March 16 , 2021, the National Development and Reform Commission, the Ministry of Science and Technology, the Ministry of Industry and Information Technology and the like totaling thirteen departments jointly issued the Opinions on Accelerating the High-quality Development of the Manufacturing Service Industry, pointing out, “manufacturing service industry is an important support for improving the competitiveness and comprehensive strength of manufacturing products, promoting the transformation and upgrading of manufacturing industry and high-quality development. At present, China’s manufacturing service industry supply quality is not high, the degree of specialization and socialization is not enough, the role of leading the manufacturing value chain is not obvious, and there is still a gap between the requirements of building a modern economic system and realizing high-quality economic development.” “By 2025, the role of the manufacturing service industry will be significantly enhanced in improving the quality and efficiency, innovation capacity, and efficiency of resource allocation, and play a more prominent role in supporting and leading the high-quality development of the manufacturing industry” to “realize the coupling and integration of the manufacturing industry and the manufacturing service industry”. field includes integrated industrial services for process plant and equipment daily operation, repair, maintenance, finished products outbound & inbound, transfer, truck loading and so on. The Company’s professional services contribute customers to reduce costs and increase efficiency, concentrate resources on core competitiveness, and achieve high-quality development. The Company relays on the leading technology advantage, and continues to vigorously promote the strategy of product and service integration over the years. The professional, economic, high-quality and efficient service has been recognized and praised by customers. Based on the recognition and encouragement of Company’s outstanding achievements in the integrated development of intelligent manufacturing equipment and industrial services, the Company was identified as “Pilot Unit of Advanced Manufacturing and Modern Service Industry” in August 2021 by the National Development and Reform Commission. In January 2023, the Company was selected into the “The Fourth Batch of Service-oriented Manufacturing Demonstration List” of the General Office of the Ministry of Industry and Information Technology. The intelligent equipment industry services have covered all regions except Hong Kong, Macau, Taiwan and Tibet, the service scale and profitability are in the leading position in the industry. The Company’s industrial services of intelligent equipment, on the one hand, will maintain a steady growth with the growth of product sales and equipment implement stock. On the other hand, this will actively develop the deep service needs of customers, after the Company undertakes and implements new production and operation industrial service projects, the service scale expansion is expected to accelerate. During 2023, The Company’s overall industrial services revenue exceeded RMB 700 million for the first time, reaching RMB 717 million, increase 12.21% year-on-year. The revenue of industrial services, an important source that constitutes the Company’s revenue and profit, has grown year after year, this will enhance the whole Company’s ability to resist risks. While serving its own product customers, the Company’s industrial service network, service capabilities, with the ability to undertake industrial service market demand outside of the Boshi equipment, is expected to form a “industrial services plus” to empower the new direction of the industry of intelligent manufacturing equipment. Environmental Protection Process and Equipment: th “The 14 Five-Year Plan” takes “achieving new progress in ecological civilization construction” as one of the main goals. The Company will continue to improve environmental quality and promote a comprehensive green transformation of economic and social development. Industrial waste acid and acidic gas treatment and recycling project, implemented by Harbin Boao Environmental Technology Co., Ltd, the holding subsidiary of the Company, can collect and treat industrial waste sulfuric acid and sulfur-containing acid gases in chemical production to produce high-purity sulfuric acid for recycling production, and to recycle and reuse the heat energy released in the process to achieve energy saving, emission reduction, recycling, economic and environmental results. During this reporting period, the revenue of environmental protection process and equipment accounted for 4% of total, which played a beneficial complementary role in the overall performance of the Company. (2) Industry policy impact manufacturing, robot and digital economy, industry stabilized growth and other related industry planning and industry promotion policies to lead the development of the industry. The field of high-end intelligent manufacturing equipment is facing major development opportunities. At the same time, the technology accumulation and technological innovation of industry enterprises are constantly improved, with benefits from the promoting of national digital infrastructure construction, the project application and implementation ability is increasing. From the Company’s long-term industrial practice in the field of intelligent manufacturing equipment industry, intelligent equipment, digitalization and intelligence are in great demand for China’s manufacturing enterprises, and the field of intelligent manufacturing equipment will continue to flourish. In January 2023, seventeen departments including the Ministry of Industry and Information Technology, jointly issued the “Robot Plus” Application Action and Implementation Plan, proposed the density of manufacturing robot will double compared with 2020, by 2025. The depth and breadth of the application of service robots and special robots industries have been significantly improved, and the ability of robots to promote high-quality economic and social development will be significantly enhanced. Focus on 10 key application areas, break through more than 100 kinds of robot innovation application technology and solutions, promote more than 200 robot typical application scenarios with high technical level, innovative application mode and significant application effect, build a batch of “robot plus” benchmarking enterprises, and construct a batch of application experience centers and experimental verification centers. In August 2023, seven departments including the Ministry of Industry and Information Technology, jointly issued the Petrochemical and Chemical Industry Growth Stabilization Work Program pointed out that: the petrochemical and chemical industry is the national economy, basic, pillar-type industries, the total economic volume of the industry, the industry correlation is high, it is related to the stable growth of industry, the steady operation of the economy. The program to focus on promoting investment, expanding consumption, expanding foreign trade, stabilizing production, strong enterprises, excellent environment, to achieve effective improvement in quality and reasonable growth in quantity, to promote the petrochemical and chemical industry, stable operation, and consolidate the foundation of high-quality development of the industry as the guiding ideology; In order to expand effective investment, promote the development of high-end, green and intelligent development and other work initiatives, to promote the construction of major projects, and to increase the intensity of technological transformation. It will issue and implement guidelines for the construction of intelligent manufacturing standard systems in the petrochemical and chemical industries, formulate standards for the construction of intelligent factories, select typical application scenarios, construct intelligent manufacturing demonstration factories, cultivate characteristic industrial Internet platforms for key industries, and promote the intelligent upgrading of the industry. In October 2023, the Ministry of Industry and Information Technology (MIIT) issued the Guiding Opinions on the Innovative Development of Humanoid Robots, pointed out that humanoid robots integrate artificial intelligence, high-end manufacturing, new materials and other advanced technologies, and are expected to become a disruptive product following computers, smart phones and new energy vehicles, which will profoundly change the way of production and life of human beings, and reshape the pattern of global industrial development. By 2025, a humanoid robot innovation system will be initially established, and breakthroughs will be made in a number of key technologies such as “brain, cerebellum and limb”, ensuring advanced level and realize mass production, with demonstration applications in special, manufacturing and people’s livelihood service scenarios, as well as exploring the formation of effective governance mechanisms and means. We will cultivate 2-3 ecological enterprises with global influence and a batch of specialized, special and new small and medium-sized enterprises, create 2-3 industrial development clusters, and cultivate and develop a batch of new businesses, modes and modes of operation. By 2027, the technological innovation capability of humanoid robots will be significantly improved, a safe and reliable industrial chain supply chain system will be formed, an industrial ecosystem with international competitiveness will be built, and the comprehensive strength will reach the world advanced level. The industry will accelerate the realization of large-scale development, the application scenarios will become richer, and the related products will be deeply integrated into the real economy, becoming an important new engine of economic growth. In January 2024, seven departments including the Ministry of Industry and Information Technology jointly issued the Implementation Opinions on Promoting Future Industrial Innovation and Development. Opinions pointed out that: future industries are driven by cutting-edge technologies, currently in the incubation and development stage or the early stage of industrialization, and are forward-looking emerging industries with significant strategic, leading, disruptive and uncertainty. Vigorously developing future industries is a strategic choice to lead scientific and technological progress, drive industrial upgrading and cultivate new productivity. Opinions are clear: by 2025, future industry technology innovation, industry cultivation, security governance and other comprehensive development, some areas to reach the international advanced level, the scale of the industry steadily increased. We will build a number of future industry incubators and pilot zones, break through one hundred cutting-edge key core technologies, form one hundred iconic products, build one hundred leading enterprises, develop one hundred typical application scenarios, formulate one hundred key standards, cultivate one hundred professional service organizations, and initially form a future industry development model in line with China’s actual situation. By 2027, the comprehensive strength of future industries will be significantly improved, and global leadership will be realized in some fields. Key core technologies have made major breakthroughs, a number of new technologies, new products, new business forms, new models have been generally applied, key industries to achieve large-scale development, to cultivate a number of ecologically dominant leading enterprises, to build a synergistic linkage between future industries and advantaged industries, emerging industries, traditional industries, the development pattern, the formation of a long-term mechanism for sustainable development, and to become the world’s important source of the future of the industry. Opinions pointed out to grasp the global scientific and technological innovation and industrial development trends, focusing on promoting the future of manufacturing, the future of information, the future of materials, the future of energy, the future of space and the future of the health of the six major directions of industrial development. In January 2024, nine departments including the Ministry of Industry and Information Technology jointly issued the Work Plan for the Digital Transformation of the Raw Material Industry (2024-2026) and the Implementation Guide for the Digital Transformation of the Petrochemical and Chemical Industry. It clearly interprets that petrochemical and chemical industry is an important pillar industry of the national economy and is a typical process manufacturing, with a wide variety of products, long process flow, mixed materials and physical properties, harsh working conditions, and mostly involves key supervision of dangerous chemical processes, key supervision of dangerous chemicals and major hazard sources, accelerating the penetration of new technologies such as artificial intelligence, big data, and mobile Internet. Under the new inevitable choice to improve total factor productivity and create new competitive advantages. By 2026, the level of digital networking in the petrochemical and chemical industry will be significantly improved, the integration of data and reality will continue to deepen, and the intelligent manufacturing capability of enterprises will be significantly enhanced, with more than 20 new benchmark factories for digital transformation, about 10 benchmark 5G factories, more than 70 excellent scenarios for intelligent manufacturing, and 50 smart chemical parks. The solution supply capacity has reached a new level, and 3 to 5 comprehensive solution providers for digital transformation for the petrochemical and chemical industry have been cultivated. In February 2024, the fourth meeting of the Financial and Economic Commission of the CPC Central Committee proposed that accelerating product replacement is an important measure to promote high-quality development, and it is necessary to encourage and guide a new round of large-scale equipment renewal and th consumer goods for new. On March 7 , 2024, The State Council issued the Action Plan for Promoting Large-scale Equipment Renewal and Replacing Old Consumer Goods with New Ones, which pointed out that promoting large-scale equipment renewal and replacing old consumer goods with new ones is an important measure to accelerate the construction of a new development pattern and promote high-quality development, which will effectively promote investment and consumption, and benefit both the current and long-term. The plan proposes to accelerate the elimination of backward products and equipment, improve the level of safety and reliability, and promote the high-end, intelligent and green development of the industry, as well as upgrade and upgrade equipment in key industries. To promote a new type of industrialization, with energy conservation, carbon reduction, ultra-low emissions, safe production, digital transformation, and intelligent upgrading as important aspects, we will focus on key industries such as steel, nonferrous metals, petrochemicals, chemicals, building materials, electric power, machinery, aviation, shipping, textile, and electronics, and vigorously promote the upgrading and technological upgrading of production equipment, energy-using equipment, and transmission, transmission and distribution equipment. The above national industry and industrial support policies, as well as stabilizing growth, boosting demand, th and promoting investment and consumption policies and measures, combined with the national “14 th Five-Year Plan” for the development of the digital economy, “14 Five-Year Plan” for the development of th th intelligent manufacturing, “14 Five-Year Plan” for the development of the robot industry, “14 Five-Year Plan” for the development of a deeper fusion of informationization and industrialization, etc., which clearly defines the direction of development, and boosts demand, will be conducive to promoting and facilitating the Company to achieve sustained, better, and faster development in the mid- and long-terms. 2. Company Main Businesses during the Reporting Period (1) Main products, services application level and business model of the Company Overall Solution for Intelligent Manufacturing Equipment and Intelligent Factory Post-processing Intelligent Manufacturing Post-processing Intelligent Manufacturing Equipment for Solid Material Equipment for Rubber It is applied in the post-processing fields for the It is intelligent equipment and intelligent plant overall powder, granular materials or irregular materials of solution, applied in production process of synthetic petrochemical, new energy, grain, animal feeds, rubber and natural rubber and in the fields of product building materials, medicine, food, ports etc. (such as refining process, dewatering and drying process crushing, screening, bagging, boxing and transportation (rubber washing, cleaning and impurity removal, of new energy field polysilicon reduced silicon rods, dewatering, crushing and drying, etc.) and finished etc.), providing efficient automatic weighing, packaging product packaging process (weighing, baling, and palletizing intelligent manufacturing and detecting, conveying, packaging and palletizing, etc.) production equipment and overall solutions of smart factories. In the field of post-processing high-end equipment for powder and granular materials in China it has obvious Complete product line, covering natural rubber and advantages and a stable competitive position. In the field synthetic rubber; of post-processing high-end equipment for the new It is the only supplier which can provide complete energ y field irregular polysilicon materials, the original large-scale systems worldwide. first set of applications has promoted the upgrade of intelligent manufacturing in the industry. Robot Plus Intelligent Logistics, Warehousing Systems Connecting solid material post-processing intelligent manufacturing equipment with rubber post-processing (High temperature) Operation robot for submerged arc intelligent manufacturing equipment to realize furnace and serialized intelligent products, complete intelligent identification, outbound and inbound system solutions are applied for high-risk working warehousing management, logistics transshipment, environment as well as other special operation robots fully automatic vehicle loading, etc., which widely used and complete system solutions which can replace in many industries of national economy, to help high-risk, harsh working conditions, and heavy manual customers to build smart factory overall solutions. labor. (High temperature) Operation robot for sub-merged arc furnace and its surrounding systems are in leading Fully automatic loading machine has formed the first position worldwide in the field of calcium carbide; It is mover advantage of the scale of application, the c arrying out innovative implementation of the intelligent workshop project for the calcium carbide arc market responded positively, the future demand in furnace, committed to promoting the production of many fields and industries has great potential fewer people, unmanned, safe, efficient and environmental”, and bringing the traditional industrial technology revolution with industry subversive technology. Industrial Services The industrial services, rooted in the above-mentioned related fields of intelligent manufacturing equipment, are mainly integrated service, equipment maintenance and spare parts sales which facing the operation in the application fields of intelligent manufacturing equipment, after-sales industrial service, and supplementary industrial service. The Company’s industrial service network and service capability are expected to undertake other market demand other than the Company’s own in the future and then form a new industrial direction of “industrial service plus” enabling intelligent manufacturing equipment. Adhering to the Company’s technological leadership in the field of intelligent equipment, leading service capabilities and scale in the field (2) Business mode The business model of large-scale intelligent manufacturing equipment is summarized from sales, production organization, product delivery and acceptance, revenue recognition and other links, as shown in the following figure: The content characteristics of the operation and maintenance aftermarket and complementary industrial services business models are summarized in the figure below: Industrial Services——Operation and After-sales Type Industrial Services |
