证券代码：833509 证券简称：同惠电子 公告编号：2025-043 常州同惠电子股份有限公司 三、申请授信额度的必要性以及对公司的影响 公司本次申请银行综合授信是日常生产经营所需，不会对公司的日常经营和 业务发展产生不利影响。公司通过银行授信的融资方式补充公司资金需求，有利 关于向银行申请综合授信额度的公告 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、申请授信的基本情况 为进一步拓宽融资渠道，优化融资结构，满足公司生产经营及业务发展的需 要，常州同惠电子股份有限公司（以下简称"公司"）拟向银行申请综合授信合 计不超过15,000万元，上述申请授信额度不等于公司实际融资金额，具体授信额 度、实际融资金额、期限及方式等以银行审批为准。 授权有效期为自公司第五届董事会第十次会议审议通过之日起至下一次董 事会或者股东会审议相关授信议案之日止，且最长不超过一年。在授权额度使用 期限内，公司将根据实际生产经营需要适时向银行申请贷款，授权董事长全权代 表公司签署上述授信额度内各项法律文件。 二、审议情况和 ...

Group 1 - The North Exchange 50 Index increased by 2.82% this week, but trading volume significantly decreased, with an average daily trading volume of 25.44 billion yuan, down 29.23% week-on-week [6][11][19] - Market focus shifted from new consumption to the broader technology sector, with strong performances in innovative pharmaceuticals (Nuo Si Lan De +27.37%) and autonomous driving (Xin An Jie +15.17%, Tong Li Co. +11.27%, Hao Miao Technology +11.10%) [6][11][19] - The North Exchange 50 constituent stock adjustment announcement was released, with Tong Hui Electronics and Yi Nuo Wei added to the index, effective June 16 [6][11][12] Group 2 - The North Exchange 50 index closed at 1408.68 points, reflecting a 2.82% increase [20] - The average PE (TTM) for the North Exchange is 88.80 times, with a median of 50.97 times; the average PE for the ChiNext is 75.13 times, with a median of 34.77 times [25][31] - The trading volume for the North Exchange was 6.347 billion shares this week, a decrease of 24.31% week-on-week, with a total trading value of 127.199 billion yuan, down 29.23% [26][29] Group 3 - This week, there were no new IPOs on the North Exchange; as of May 30, 2025, there are 266 companies listed [33] - The North Exchange saw 10 new companies listed and 3 delisted this week, with a total of 6083 companies on the New Third Board [50][51] - The North Exchange's financing balance was 5.538 billion yuan, an increase of 0.08 billion yuan from the previous week [29]

证券代码：833509 证券简称：同惠电子 公告编号：2025-039 常州同惠电子股份有限公司 2024 年年度权益分派实施公告 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。 常州同惠电子股份有限公司 2024 年年度权益分派方案已获 2025 年 5 月 13 日召开的股东会审议通过，本次实施分配方案距离股东会审议通过的时间未超过 两个月。 特殊情况说明 截至目前，公司合计回购 1,410,000 股。根据《北京证券交易所上市公司持 续监管指引第 4 号——股份回购》相关规定，回购专户中的股份不享有利润分配 的权利，不参与本次权益分派，符合公司章程的相关要求。 2、扣税说明 （1）个人股东、投资基金适用股息红利差别化个人所得税政策, 个人股东、 投资基金持股 1 个月（含 1 个月）以内，每 10 股补缴税款 0.5 元；持股 1 个月 以上至 1 年（含 1 年）的，每 10 股补缴税款 0.25 元；持股超过 1 年的，不需补 缴税款。 （2）对合格境外投资者股东，根据国税函[2009]47 ...

| 代码 | 简称 | 5月14日涨跌幅 | 最新融资余额 | 较上一日增加 | 占流通市值比例 | 所属行 | | --- | --- | --- | --- | --- | --- | --- | | | | （%） | （万元） | （万元） | （%） | 业 | | 833509 | 同惠电 | 2.49 | 2865.36 | 787.85 | 1.28 | 机械设 | | | 子 | | | | | 备 | | 836077 | 吉林碳 | 21.64 | 4440.10 | 784.02 | 0.94 | 基础化 | | | 谷 | | | | | 工 | | 873169 | 七丰精 | 3.77 | 2074.10 | 760.71 | 1.03 | 机械设 | | | 工 | | | | | 备 | | 832735 | 德源药 | -4.72 | 4431.97 | 672.96 | 1.16 | 医药生 | | | 业 | | | | | 物 | | 873576 | 天力复 | 0.74 | 2027.35 | 306.43 | 0.58 | 有色金 | | | 合 | | | | ...

Core Viewpoint - Tonghui Electronics expects to generate approximately 1 million yuan in sales revenue from its important client, Xinkailai, in the fiscal year 2024 [1] Group 1: Company Overview - Tonghui Electronics has released an investor relations activity record indicating its sales forecast for 2024 [1] - The company's products are primarily utilized in the semiconductor power testing equipment sector [1] Group 2: Product Details - Key product models include the TH2838/TH2839/TH2851 series precision impedance analyzers, TH51X series semiconductor C-V characteristic analyzers, and TH2690 series high resistors, flying safety meters, and electrostatic meters [1]

Group 1: Financial Performance - The company's revenue for 2024 was CNY 193.95 million, representing a year-on-year growth of 14.54% [6] - Net profit attributable to shareholders was CNY 50.44 million, with a year-on-year increase of 30.46% [6] - Deducting non-recurring gains and losses, the net profit was CNY 45.04 million, showing a growth of 43.30% [6] Group 2: Market Trends and Strategies - The company anticipates a sustained recovery in the consumer electronics market due to favorable policies and increased demand [6] - The company is focusing on R&D and marketing to enhance its core competitiveness and expand market share [6] - The company plans to establish a wholly-owned subsidiary in Munich, Germany, with an investment of €100,000 to strengthen its overseas market presence [8] Group 3: Regional Performance - Revenue growth in East China and South China was 24.03% and 15.18%, respectively, driven by improved economic conditions and increased demand [7][8] Group 4: Shareholder Returns - The company plans to implement a cash dividend of CNY 2.5 per share, with the distribution expected to occur within two months after the shareholders' meeting on May 13, 2025 [9] - The company emphasizes its commitment to returning value to shareholders through various methods, including cash dividends and stock buybacks [9] Group 5: Product Involvement - In 2024, the company generated approximately CNY 1 million in sales to New Kailai, primarily in semiconductor power testing equipment [10] - The company is actively exploring mergers and acquisitions to strengthen its position in the electronic measurement instrument sector [10]

中信建投证券股份有限公司 关于常州同惠电子股份有限公司 中信建投证券作为同惠电子本次发行的保荐机构，主要保荐工作如下： （一）尽职推荐工作 按照法律、行政法规和中国证监会的规定，对发行人进行尽职调查，组织编 制申请文件并出具推荐文件；提交推荐文件后，主动配合全国中小企业股份转让 系统有限责任公司（以下简称"全国股转公司"）的审核，组织发行人及其它中 介机构对全国股转公司、中国证监会的意见进行答复，按照要求对涉及本次发行 的特定事项进行尽职调查或核查，并按照《全国中小企业股份转让系统股票向不 特定合格投资者公开发行并在精选层挂牌规则（试行）》《全国中小企业股份转让 系统股票向不特定合格投资者公开发行保荐业务管理细则（试行）》等相关规定 向全国股转公司提交推荐本次发行所要求的相关文件，并报中国证监会备案。 （二）持续督导工作 中信建投证券股份有限公司（以下简称"中信建投"或"保荐机构"）作为 常州同惠电子股份有限公司（以下简称"同惠电子"、"公司"或"发行人"）向 不特定合格投资者公开发行股票（以下简称"本次发行"）的保荐机构，负责公 开发行股票完成后的持续督导工作，持续督导期限为 2021 年 1 月 11 日 ...

Investment Rating - The report maintains a "Recommended" investment rating for Tonghui Electronics [1] Core Views - The company has shown a significant recovery in performance with a net profit growth of 125.39% year-on-year in Q1 2025, driven by the recovery in consumer electronics demand [3] - The company is focusing on high-intensity R&D investments, launching multiple new products, and has a rich patent reserve, which is expected to enhance its market competitiveness [3] - The forecasted net profits for 2025-2027 are projected to grow by 21.81%, 20.42%, and 21.96% respectively, indicating a strong growth trajectory [3] Financial Performance Summary - In 2024, the company achieved a revenue of 193.95 million yuan, a year-on-year increase of 14.54%, and a net profit of 50.34 million yuan, up 30.46% [4][6] - For Q1 2025, the company reported a revenue of 39.09 million yuan, reflecting a 23.84% increase year-on-year, and a net profit of 9.92 million yuan, marking a 125.39% growth [3] - The gross margin for Q1 2025 was 56.82%, and the net margin was 25.12%, indicating stable profitability levels [3] Product and Market Development - The company has launched several new products targeting the fields of new energy and third-generation semiconductor power device testing, which are expected to diversify its product matrix and enhance competitiveness [3] - The main products contributing to revenue growth include component parameter testing instruments and safety wire testing instruments, with significant sales growth in the South China region [3] Financial Projections - Revenue projections for 2025, 2026, and 2027 are 239 million yuan, 291 million yuan, and 352 million yuan respectively, with corresponding growth rates of 23.23%, 21.76%, and 20.96% [4][6] - The projected net profit for 2025, 2026, and 2027 is 61.33 million yuan, 73.84 million yuan, and 90.05 million yuan, with growth rates of 21.81%, 20.42%, and 21.96% respectively [4][6]

Investment Rating - The investment rating for the company is "Buy" (maintained) [1] Core Views - The recovery of the consumer electronics industry has driven a significant increase in market demand, with the company reporting a revenue of 194 million yuan in 2024, a year-on-year increase of 14.54%, and a net profit attributable to shareholders of 50.44 million yuan, up 30.46% year-on-year. In Q1 2025, the company achieved a revenue of 39 million yuan, a year-on-year increase of 23.84%, and a net profit of 10 million yuan, up 125.39% year-on-year [2] - The growth in performance is attributed to the implementation of national consumption promotion and stability policies, alongside a notable recovery in the consumer electronics sector driven by technological innovation and market demand. The sales of electronic measurement instruments have significantly increased [2][3] - The company has optimized its operational, sales, and profit models, enhancing cost control across the entire process. In 2024, the sales, management, R&D, and financial expense ratios were 8.02%, 8.90%, 16.17%, and -0.80%, respectively, showing improvements compared to the previous year [2] Revenue and Profitability - The component parameter testing instruments and safety wire testing instruments have shown steady growth, contributing nearly 70% of total revenue. The revenue from component parameter testing instruments is expected to increase by 14.80% to 88 million yuan in 2024, while safety wire testing instruments are projected to grow by 15.71% to 44 million yuan [3] - The company has successfully developed a series of new instruments focused on the analysis and testing of new energy charging and storage products, enhancing its market share and core competitiveness [3] - The company has introduced seven new products in 2024, including battery pack internal resistance testing systems and modular wiring harness testing systems, entering small-scale production [4] Financial Forecasts - The company has adjusted its net profit forecasts for 2025 and 2026 to 62 million yuan and 75 million yuan, respectively, with a new forecast for 2027 set at 91 million yuan. The corresponding latest P/E ratios are 66.26, 54.45, and 45.00 [4] - The company is expected to benefit from the rising consumption capacity in emerging markets and the acceleration of digitalization [4]

Investment Rating - The investment rating for the company is "Buy" (maintained) [1] Core Views - The recovery of the consumer electronics industry has driven a significant increase in market demand, with the company reporting a revenue of 194 million yuan in 2024, a year-on-year increase of 14.54%, and a net profit attributable to shareholders of 50.44 million yuan, up 30.46% year-on-year [2] - In Q1 2025, the company achieved a revenue of 39 million yuan, representing a year-on-year growth of 23.84%, and a net profit attributable to shareholders of 10 million yuan, which is a remarkable increase of 125.39% year-on-year [2] - The growth in performance is attributed to the implementation of national consumption promotion and stability policies, alongside a notable recovery in the consumer electronics sector driven by technological innovation and market demand [2][3] Revenue and Profitability - The company's revenue forecast for 2024 is 194 million yuan, with a projected growth rate of 14.54%, and for 2025, the revenue is expected to reach 241 million yuan, reflecting a growth rate of 24.03% [11] - The net profit attributable to shareholders is forecasted to be 50.44 million yuan in 2024 and 61.90 million yuan in 2025, with respective growth rates of 30.46% and 22.72% [11] - The company has optimized its operational, sales, and profitability models, leading to a sales net profit margin increase of 3.16 percentage points to 25.95% despite a slight decline in gross margin [2][3] Product Performance - The component parameter testing instruments and safety wire testing instruments have shown steady growth, contributing nearly 70% of total revenue [3] - The revenue from component parameter testing instruments is expected to grow by 14.80% to 88 million yuan in 2024, while safety wire testing instruments are projected to grow by 15.71% to 44 million yuan [3] - The company has successfully developed new instruments focusing on the analysis and testing of new energy charging and storage products, enhancing its market share and core competitiveness [3][4] Technological Advancements - The company has continuously optimized its product structure and introduced new products with core competitiveness, moving towards the mid-to-high-end market [4] - In 2024, the company plans to launch seven new products, including battery pack internal resistance testing systems and modular wiring harness testing systems, which are currently in small batch production [4] - The company has relocated to a new factory with a production capacity of 65,000 sets of intelligent electronic measuring instruments per year, effectively overcoming production capacity bottlenecks [4] Financial Forecasts - The company’s net profit forecasts for 2025 and 2026 have been adjusted to 62 million yuan and 75 million yuan respectively, with a new forecast for 2027 set at 91 million yuan [4] - The corresponding price-to-earnings ratios are projected to be 66.26, 54.45, and 45.00 for 2025, 2026, and 2027 respectively, indicating the company's long-term growth potential [4]