Group 1: Investor Relations Activity - The company held a performance briefing on March 28, 2025, via an online platform, attended by investors [4] - Key personnel present included the Chairman, General Manager, and other executives [4] Group 2: Product Development and Market Application - The company launched flexible sensors, also known as "electronic skin," which are currently in the debugging phase and have not yet secured mass production orders from robot manufacturers [5] - The flexible sensors are designed for various applications, including industrial robots, smart wearables, and rehabilitation [5] - The company has established a well-known brand "Audiowell," recognized as a "Famous Trademark of Guangdong Province" [5] Group 3: Sales and Profit Growth Strategies - The company aims to maintain sales and profit growth through technological innovation and product differentiation despite external challenges [6] - The company provides customized rapid response services to automotive manufacturers, focusing on cost-effective and reliable products [7] - The company is actively upgrading products and technologies to cope with price reduction strategies in the competitive smart automotive industry [7] Group 4: Research and Development Investment - R&D expenses amounted to 51.42 million, representing 8.33% of revenue, with a net profit growth of 13.87% [13] - Ongoing R&D projects include multi-modal vehicle ultrasonic sensors and underwater communication sensors, with commercialization timelines varying from months to years [13] Group 5: International Market Expansion - The company's overseas revenue increased by 21.48% year-on-year, driven by enhanced local services and timely delivery [15] - The company plans to strengthen its overseas market presence and develop a robust delivery assurance system [20] Group 6: Future Product and Market Development - The company is focused on expanding into emerging fields such as smart automotive, smart home, and industrial control, ensuring product and technology advancement [16] - The company is exploring the potential of lead-free piezoelectric technology in various sectors, including food and medical applications [21] Group 7: Corporate Governance and Incentives - The company has implemented a stock repurchase plan for employee incentives, with performance assessment indicators in place [17] - The company is open to mergers and acquisitions to accelerate revenue and profit growth, as well as enhance brand internationalization [18]

证券代码：832491 证券简称：奥迪威 公告编号：2025-034 广东奥迪威传感科技股份有限公司 投资者关系活动记录表 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 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 带法律责任。 一、 投资者关系活动类别 □特定对象调研 √业绩说明会 □媒体采访 □现场参观 □新闻发布会 □分析师会议 □路演活动 □其他 二、 投资者关系活动情况 活动时间：2025 年 3 月 28 日 活动地点：公司通过全景网"投资者关系互动平台"（http://ir.p5w.net）采用 网络方式召开 2024 年年度业绩说明会。 参会单位及人员：通过网络方式参加公司 2024 年年度报告业绩说明会的投 资者。 上市公司接待人员：公司董事长、总经理张曙光，公司独立董事王仁曾；公 司董事、董事会秘书、副总经理梁美怡，公司财务负责人、副总经理李磊，公司 保荐代表人朱展鹏。 三、 投资者关系活动主要内容 本次业绩说明会通过年报视频解读等形式对公司情况及 2024 年经营业绩情 况进行介绍。同时，公司就投资者在本次说明会中提出的问题进行回复，主要 ...

Group 1: Investor Relations Activity - The investor relations activity was conducted online from March 26 to March 27, 2025, with a total of 65 participating institutions [3][4] - Key company representatives included the board members and financial officers [4] Group 2: Company Performance and Revenue - Domestic revenue for 2024 reached ¥330,558,354.83, a year-on-year increase of 43.00%, while overseas revenue was ¥286,606,003.62, up by 21.49% [6] - The overall gross margin slightly decreased due to higher domestic revenue growth compared to overseas [6] Group 3: Product Development and Applications - The ultrasonic underwater distance sensor has been successfully developed and is recognized by downstream customers for applications in underwater detection and robotics [5] - The six-axis multi-head precision dispensing robot is designed for high-precision applications in electronics, medical, and automotive sectors, enhancing manufacturing efficiency [8] - The flexible sensor, or "electronic skin," has been launched and is used in precision robotic hands, with potential applications in service robots and smart wearable devices [13] Group 4: Market Trends and Strategic Focus - The company is focusing on the smart driving sector, with the AKⅡ ultrasonic sensor already in mass production, meeting safety requirements for advanced driving levels [14][15] - The demand for consumer electronics is expected to grow, with products like pressure feedback sensors being integrated into various devices [16] - The development of lead-free piezoelectric materials is anticipated to expand the application scenarios for ultrasonic sensors, addressing market needs in food processing and medical devices [16]

Investment Rating - The investment rating for the company is "Accumulate" (maintained) [5] Core Views - The company is experiencing high revenue growth driven by the smart driving and robotics industry, with plans to expand into underwater distance measurement sensors for deep-sea technology [5] - In 2024, the company achieved a revenue of 617 million yuan, a year-on-year increase of 32.13%, and a net profit of 87.66 million yuan, a year-on-year increase of 13.87% [6] - The company has made significant progress in lead-free piezoelectric new material technology, with core technology and related patents in place, enabling mass production to meet future market demands [6] - The company is investing approximately 200 million yuan in the construction of a new generation smart sensor R&D and manufacturing base [6] - The sensor and actuator business revenues grew by 34% and 26% year-on-year, respectively, with domestic revenue increasing by 43% and overseas revenue by 21% [6] Financial Summary - Revenue forecast for 2023 is 467 million yuan, with a projected growth to 753 million yuan in 2025 and 1.1 billion yuan in 2027 [8] - The net profit forecast for 2023 is 77 million yuan, increasing to 106 million yuan in 2025 and 156 million yuan in 2027 [8] - The company’s earnings per share (EPS) are expected to rise from 0.55 yuan in 2023 to 1.11 yuan in 2027 [8] - The return on equity (ROE) is projected to improve from 8.32% in 2023 to 12.15% in 2027 [8] Market Expansion - The company is actively expanding its market presence in various sectors, including smart automotive, smart instruments, smart home, robotics, and consumer electronics [9] - In the automotive sector, the company has launched a tactile solid-state button solution for smart steering wheels and completed mass production verification for multi-modal ultrasonic sensors [6][9] - The smart meter market is expected to grow significantly due to supportive government policies, with the company positioned to become a key supplier in this space [7] Production Capacity - The current production capacity for sensors and actuators is 70.6 million and 81.76 million units, with utilization rates of 80% and 63%, respectively [6] - The company is expected to launch a new production capacity of 32 million units per year for multi-layer tactile and feedback micro actuators by the end of 2026 [9]

Investment Rating - The report maintains a "Recommend" rating for the company, indicating an expected increase of over 10% relative to the benchmark index in the next 12 months [4][9][16]. Core Insights - The company achieved a revenue of 617 million RMB in 2024, representing a year-on-year growth of 32.13%, with a net profit attributable to shareholders of 87.65 million RMB, up 13.87% year-on-year [3][4]. - The sensor and actuator businesses grew significantly, with sensor revenue increasing by 34.47% and actuator revenue by 26.43% in 2024 [4][5]. - The company is well-positioned in the intelligent driving and smart cockpit sectors, with strong growth potential driven by the increasing demand for advanced automotive technologies [5][6]. Revenue and Profitability - The company's revenue is projected to reach 753 million RMB in 2025, 925 million RMB in 2026, and 1.139 billion RMB in 2027, with year-on-year growth rates of 21.98%, 22.88%, and 23.07% respectively [10]. - The net profit attributable to shareholders is expected to be 106 million RMB in 2025, 129 million RMB in 2026, and 161 million RMB in 2027, with corresponding growth rates of 21.17%, 21.85%, and 24.72% [10]. Market Position and Growth Drivers - The company is a leader in the domestic ultrasonic sensor market, benefiting from the rise of emerging industries and the domestic substitution process [3][4]. - The intelligent driving and smart cockpit sectors are identified as key growth areas, with the company actively innovating and expanding its product offerings [5][6][8]. - The company has made significant advancements in robotics applications, enhancing its market presence in various robotic technologies [7][8]. Technological Advancements - The company has a rich reserve of forward-looking technologies and products, continuously innovating and expanding its product line across multiple sectors, including automotive electronics and smart home applications [8][9]. - New product developments, such as the next-generation AK2 vehicle-mounted ultrasonic sensor, have been successfully delivered in large quantities, meeting safety requirements for higher levels of autonomous driving [6][8]. Financial Metrics - The company's gross margin for 2024 is projected to be 34.81%, a decrease of 3.26 percentage points year-on-year, while the return on equity (ROE) is expected to improve from 8.71% in 2024 to 12.25% by 2027 [10][13].

Investment Rating - The investment rating for the company is "Buy" (maintained) [2] Core Views - The company's performance in 2024 met expectations, with revenue reaching 617 million yuan, a year-on-year increase of 32.1%, and a net profit attributable to shareholders of 87.66 million yuan, up 13.9% year-on-year [7][10] - The company is positioned as a platform for ultrasonic sensors rather than just an automotive parts manufacturer, with strong technological advantages and a focus on expanding applications across multiple downstream sectors [10] Financial Summary - In 2024, the company achieved total revenue of 617 million yuan, with a gross profit margin of 34.81%, down 3.15 percentage points year-on-year [10][12] - The company plans to distribute a cash dividend of 3 yuan per 10 shares, totaling 42.34 million yuan [7] - Revenue projections for the next few years are as follows: 748 million yuan in 2025, 896 million yuan in 2026, and 1,043 million yuan in 2027, with corresponding net profits of 104 million yuan, 123 million yuan, and 144 million yuan respectively [9][12] Investment Highlights - The domestic business revenue increased significantly, accounting for 53.56% of total revenue, with a year-on-year growth of 43% [10] - The automotive electronics demand is expected to grow due to the increasing adoption of advanced driver-assistance systems, with the company being a Tier-2 supplier for major domestic manufacturers [10] - The company is expanding into new fields such as robotics, low-altitude applications, and deep-sea technologies, with significant market potential in underwater sensor technology [10]

Core Viewpoint - Audiwei is focusing on increasing R&D investment and expanding into new application areas, demonstrating strong revenue and profit growth in its 2024 annual report. Group 1: Financial Performance - In 2024, the company expects total revenue of 617 million yuan, a year-on-year increase of 32.13% [1] - The net profit attributable to shareholders is projected to be 87.6553 million yuan, up 13.87% year-on-year [1] - The basic earnings per share is expected to be 0.62 yuan, reflecting an 8.77% increase [1] Group 2: R&D Investment and Innovation - The total R&D investment for 2024 is 51.4173 million yuan, accounting for 8.33% of total revenue [2] - The company holds 301 patents, including 69 invention patents, and has been recognized as a "National Intellectual Property Advantage Enterprise" [2] - Key technologies such as multilayer chip low-temperature co-firing technology and ultrasonic beam control technology have been applied in main business operations [2] Group 3: Market Position and Product Development - Audiwei has established itself as a major supplier of automotive ultrasonic sensors and core suppliers for international smart water meter and gas meter manufacturers [3] - The company provides components or modules tailored to customer application scenarios and product functionality needs, ensuring stable and reliable supply [3] - New products launched during the reporting period include various sensors and modules for automotive and industrial applications [2]

民生证券股份有限公司 关于广东奥迪威传感科技股份有限公司 新增2025年日常性关联交易的核查意见 民生证券股份有限公司（以下简称"民生证券"、"保荐机构"）作为广东奥迪威 传感科技股份有限公司（以下简称"奥迪威"、"发行人"或"公司"）向不特定合格投 资者公开发行股票并在北京证券交易所上市的保荐机构，根据《证券发行上市 保荐业务管理办法》《北京证券交易所上市公司持续监管办法（试行）》《北 京证券交易所证券发行上市保荐业务管理细则》《北京证券交易所股票上市规则 （试行）》等相关法律、法规和规范性文件的规定，对奥迪威新增2025年日常 性关联交易的事项进行核查，具体核查情况如下： | 其他 | 物业租赁 | 200,000.00 | 31,183.27 | - | 200,000.00 | 81,916.84 | - | | --- | --- | --- | --- | --- | --- | --- | --- | | 合计 | | 24,300,000.00 | 2,057,693.73 | 2,000,000.00 | 26,300,000.00 | 15,784,202.18 | | 一、日常性关联交易 ...

广东奥迪威传感科技股份有限公司（合并） 2024年度审计报告及财务报表 信会师报字[2025]第ZC10168号 广东奥迪威传感科技股份有限公司 我们审计了广东奥迪威传感科技股份有限公司（以下简称奥迪威） 财务报表，包括 2024 年 12 月 31 日的合并及母公司资产负债表，2024 年度的合并及母公司利润表、合并及母公司现金流量表、合并及母公 司所有者权益变动表以及相关财务报表附注。 我们认为，后附的财务报表在所有重大方面按照企业会计准则的 规定编制，公允反映了奥迪威 2024 年 12 月 31 日的合并及母公司财 务状况以及 2024 年度的合并及母公司经营成果和现金流量。 二、 形成审计意见的基础 | | 目录 | 页次 | | --- | --- | --- | | 一、 | 审计报告 | 1-5 | | 二、 | 财务报表 | | | | 合并资产负债表和母公司资产负债表 | 1-4 | | | 合并利润表和母公司利润表 | 5-6 | | | 合并现金流量表和母公司现金流量表 | 7-8 | | | 合并所有者权益变动表和母公司所有者权益变动表 | 9-12 | | | 财务报表附注 | 1 ...

民生证券股份有限公司 关于广东奥迪威传感科技股份有限公司 使用闲置募集资金进行现金管理的核査意见 民生证券股份有限公司（以下简称"民生证券"或"保荐机构"）作为广东奥 迪威传感科技股份有限公司（以下简称"奥迪威"或"公司"）向不特定合格投资者 公开发行并在北交所上市的保荐机构，根据《证券发行上市保荐业务管理办法》 《北京证券交易所股票上市规则（试行）》《北京证券交易所上市公司持续监管 办法（试行）》《北京证券交易所证券发行上市保荐业务管理细则》《北京证券 交易所上市公司持续监管指引第 9 号——募集资金管理》等有关法律、行政法规、 部门规章及业务规则的要求，对奥迪威使用闲置募集资金进行现金管理事项进行 了核查，具体情况如下： 一、募集资金基本概况 经中国证券监督管理委员会于 2022 年 5 月 12 日出具的《关于同意广东奥迪 威传感科技股份有限公司向不特定合格投资者公开发行股票注册的批复》（证监 许可﹝2022﹞979 号），公司向不特定合格投资者公开发行人民币普通股（A 股） 3,130.4348 万股，发行价格为人民币 11.00 元/股，发行募集资金总额为人民币 344,347,828.00 元，扣 ...