Investment Rating - The investment rating for the company is "Accumulate" (maintained) [1][3] Core Views - The company is expected to benefit from the ongoing positive trend in the consumer electronics industry, with a projected year-on-year increase of 29% in net profit excluding non-recurring items for 2024 [3][4] - The company has adjusted its profit forecasts for 2024-2026, expecting net profits of 0.58 billion, 0.65 billion, and 0.73 billion respectively, reflecting an increase from previous estimates [3][4] Financial Summary - Revenue for 2024 is projected at 1.59 billion, a year-on-year increase of 36.63%, with net profit expected to reach 5795 million, up 28.17% [3][6] - The company’s gross margin is expected to remain stable around 55.6% to 55.9% over the next few years, with net profit margins around 36.7% to 36.3% [6][12] - Earnings per share (EPS) are projected to increase from 0.46 in 2024 to 0.57 in 2026, with corresponding price-to-earnings (P/E) ratios decreasing from 44.7 to 35.7 [3][6] Industry Insights - The consumer electronics sector is anticipated to continue its growth trajectory, with smartphone shipments in China expected to reach 314 million units in 2024, a year-on-year increase of 8.7% [4][5] - The company has established long-term partnerships with major smartphone brands such as Huawei, OPPO, and Xiaomi, positioning itself as a key supplier in the market [5][6]

Investment Rating - The investment rating for the company is "Outperform" (maintained) [1][3]. Core Views - The company is expected to benefit from the ongoing positive trend in the consumer electronics industry, with a projected year-on-year increase of 29% in net profit excluding non-recurring items for 2024 [3][4]. - The company has adjusted its profit forecasts for 2024-2026, expecting net profits of 0.58 billion, 0.65 billion, and 0.73 billion respectively, reflecting a slight upward revision due to increased sales orders [3][4]. Financial Summary - Revenue for 2024 is projected at 1.59 billion, a year-on-year increase of 36.63%, with a net profit of 5795 million, up 28.17% [3][6]. - The company's gross margin is expected to remain stable around 55.6% to 55.9% over the next few years, with net margins slightly decreasing from 36.7% to 36.3% [6][12]. - Earnings per share (EPS) are forecasted to grow from 0.46 in 2024 to 0.57 in 2026, with corresponding price-to-earnings (P/E) ratios decreasing from 44.7 to 35.7 [3][6]. Industry Insights - The consumer electronics sector is projected to continue its growth trajectory, with smartphone shipments in China expected to reach 314 million units in 2024, a year-on-year increase of 8.7% [4][5]. - The company is positioned as a key supplier for major smartphone brands such as Huawei, OPPO, and Xiaomi, indicating a strong market presence and stable customer relationships [5][6].

二、本次股票解除限售的明细情况及原因 单位：股 证券代码：836395 证券简称：朗鸿科技 公告编号：2025-005 杭州朗鸿科技股份有限公司股票解除限售公告 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、本次股票解除限售数量总额为 30,213,120 股，占公司总股本 23.6865%，可 交易时间为 2025 年 3 月 6 日。 五、备查文件 （一）《杭州朗鸿科技股份有限公司股票解除限售申请表》； | 序号 | 股东姓 名或名 | 是否为控 股股东、 | 董事、监事、 | 本次解 | 本次解除限 | 本次解除 限售股数 | 尚未解除 限售的股 | | --- | --- | --- | --- | --- | --- | --- | --- | | | | 实际控制 | 高级管理人 | 限售原 | 售登记股票 | 占公司总 | | | | 称 | 人或其一 | 员任职情况 | 因 | 数量 | 股本比例 | 票数量 | | | | 致行动人 | | | | | | | 1 | 刘伟 | ...

Group 1: Financial Performance - The company expects a 36.63% increase in revenue compared to the previous year, with a projected net profit growth of 28.17% and a 29.46% increase in net profit after deducting non-recurring items [4] - The growth is attributed to the favorable conditions in the consumer electronics industry, market expansion, increased R&D investment, and enhanced product quality [4] Group 2: Competitive Landscape - Competition is viewed as both a challenge and an opportunity, prompting the company to increase investment in technological innovation and product upgrades [5] - The company has established a competitive R&D framework and a comprehensive intellectual property protection system, which supports its long-term stable development [5] Group 3: Production and Demand - The consumer electronics sector remains strong, with the company reporting sufficient orders and relatively saturated production capacity [5] - The company is accelerating the release of production capacity to ensure timely order fulfillment [5] Group 4: Shareholder Returns - The company has consistently distributed cash dividends to shareholders since its listing, emphasizing the importance of shareholder returns [6][7] - Future dividend plans will be disclosed in a timely manner, ensuring alignment with business development and funding needs [7] Group 5: Innovation and New Products - The company prioritizes innovation as a core driver of development, focusing on market-oriented technology R&D and exploring new product applications [8] - New products, including those for emerging fields, are being developed to meet market demands [8]

证券代码：836395 证券简称：朗鸿科技 公告编号：2025-003 杭州朗鸿科技股份有限公司独立董事辞职公告 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）本次辞职未导致公司董事会成员人数低于法定最低人数，未导致公司监事会成员 人数低于法定最低人数，未导致职工代表监事人数少于监事会成员的三分之一，未导致 董事会中兼任高级管理人员的董事和由职工代表担任的董事人数超过公司董事总数的 二分之一，导致董事会或者其专门委员会中独立董事所占的比例不符合相关规则或者公 司章程的规定，导致独立董事中欠缺会计专业人士。 一、辞职董监高的基本情况 （一）基本情况 本公司董事会于 2025 年 2 月 19 日收到独立董事陈少杰先生递交的辞职报告，自股 东大会选举产生新任独立董事之日起辞职生效。上述辞职人员持有公司股份 0 股，占公 司股本的 0%，不是失信联合惩戒对象，辞职后不再担任公司其它职务。 （二）辞职原因 陈少杰先生因个人工作原因申请辞去公司第四届董事会独立董事职务及其担任 的董事会审计委员会委员职务。 ...

Financial Performance - The company achieved operating revenue of 159,229,237.81 yuan, a year-on-year increase of 36.63%[3] - Total profit reached 66,123,596.30 yuan, reflecting a 32.11% year-on-year growth[3] - Net profit attributable to shareholders was 57,947,690.52 yuan, up 28.17% compared to the previous year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 53,092,087.39 yuan, a 29.46% increase year-on-year[3] - Basic earnings per share increased to 0.45 yuan, representing a growth of 28.57% from the previous year[3] Assets and Equity - Total assets at the end of the reporting period were 270,334,687.41 yuan, a 10.89% increase year-on-year[4] - Shareholders' equity attributable to the company decreased by 4.03% to 208,588,535.81 yuan[4] - The total share capital increased by 39.31% to 127,554,000.00 yuan due to the implementation of the 2023 annual equity distribution plan[6] - The net asset value per share attributable to shareholders was 1.64 yuan, down 30.80% year-on-year[4] Cautionary Notes - The company cautions that the financial data is preliminary and has not been audited, urging investors to be aware of investment risks[8]

Investment Rating - The report does not provide a specific investment rating for the company [1] Core Insights - The company, Langhong Technology, reported a revenue of 115 million yuan for the first three quarters of 2024, representing a year-on-year increase of 43.53%. The net profit attributable to shareholders was 42.99 million yuan, up 45.73% year-on-year, while the net profit after deducting non-recurring gains and losses was 40.44 million yuan, reflecting a 56.08% increase year-on-year [3][4] - The company benefits from the ongoing positive trend in the consumer electronics market, which has led to high growth in its performance. Langhong Technology specializes in the research, production, and sales of anti-theft display products for electronic devices, primarily used in smartphones and wearable devices [4][6] - In the third quarter alone, the company achieved a revenue of 51.18 million yuan, marking a significant year-on-year increase of 69.28%. However, the gross margin for the quarter was 51.46%, which is a decrease of 6.15 percentage points year-on-year and 10.60 percentage points quarter-on-quarter [4] Summary by Relevant Sections Financial Performance - For the first three quarters of 2024, the company reported a total revenue of 115 million yuan, with a year-on-year growth of 43.53%. The net profit attributable to shareholders was 42.99 million yuan, up 45.73% year-on-year, and the net profit after deducting non-recurring gains and losses was 40.44 million yuan, reflecting a 56.08% increase year-on-year [3][4] - In the third quarter, the company recorded a revenue of 51.18 million yuan, a year-on-year increase of 69.28%. The gross margin for this quarter was 51.46%, which shows a decline compared to previous periods [4] Market Outlook - The global smartphone market has shown signs of recovery, with a year-on-year growth of 5% in the third quarter of 2024. This trend is expected to continue, with an estimated total global smartphone shipment of 1.22 billion units for the year, representing a 6% increase year-on-year. The company is poised to benefit from this recovery, as increased sales orders are anticipated [6]

证券代码：836395 证券简称：朗鸿科技 公告编号：2024-148 杭州朗鸿科技股份有限公司 关于完成工商变更登记及公司章程备案并取得营业执照的公告 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、基本情况 2024 年 12 月 25 日 统一社会信用代码：91330100670603898G 名称：杭州朗鸿科技股份有限公司 注册资本：壹亿贰仟柒佰伍拾伍万肆仟元 类型：其他股份有限公司（上市） 成立日期：2008 年 01 月 07 日 法定代表人：忻宏 住所：浙江省杭州市富阳区东洲街道高尔夫路 180-1 号 经营范围：一般项目：电子专用材料研发；电子元器件与机电组件设备制 造；电子元器件与机电组件设备销售；电子产品销售；安防设备制造；安防设备 销售；安全、消防用金属制品制造；集成电路制造；集成电路销售；集成电路设 计；集成电路芯片及产品制造；集成电路芯片设计及服务；集成电路芯片及产品 销售；计算机软硬件及辅助设备批发；计算机软硬件及辅助设备零售；计算机软 硬件及外围设备制造；计算机系统服务 ...

杭州朗鸿科技股份有限公司 章程 二○二四年十二月 | 第一章 | 总则 3 | | --- | --- | | 第二章 | 经营宗旨和范围 4 | | 第三章 | 股份 4 | | 第四章 | 股东和股东大会 9 | | 第五章 | 董事会 24 | | 第六章 | 总经理及其他高级管理人员 30 | | 第七章 | 监事会 32 | | 第八章 | 财务会计制度、利润分配和审计 34 | | 第九章 | 通知和公告 36 | | 第十章 | 合并、分立、增资、减资、解散和清算 37 | | 第十一章 | 修改章程 40 | | 第十二章 | 争议的解决 40 | | 第十三章 | 附则 40 | 第一章 总则 第一条 为维护杭州朗鸿科技股份有限公司（以下简称"公司"）、股东和 债权人的合法权益，规范公司的组织和行为，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》和其他有关规定， 制订本章程。 第二条 公司系依照《公司法》和其他有关规定成立的股份有限公司，在浙 江省市场监督管理局注册登记，取得营业执照。 第三条 公司于 2022 年 8 月 3 日经中国证券监督管理委员会（ ...

证券代码：836395 证券简称：朗鸿科技 公告编号：2024-145 杭州朗鸿科技股份有限公司 2024 年第六次临时股东大会决议公告 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。 1.会议召开时间：2024 年 12 月 12 日 2.会议召开地点：公司 1 号会议室 3.会议召开方式：现场投票和网络投票相结合方式 4.会议召集人：董事会 5.会议主持人：董事长忻宏先生 6.召开情况合法、合规、合章程性说明： 本次会议召集、召开、议案审议程序等方面均符合有关法律、行政法规、部 门规章、规范性文件和《杭州朗鸿科技股份有限公司章程》的规定。 （二）会议出席情况 出席和授权出席本次股东大会的股东共 6 人，持有表决权的股份总数 59,009,633 股，占公司有表决权股份总数的 47.1479%。 一、会议召开和出席情况 （一）会议召开情况 其中通过网络投票参与本次股东大会的股东共 1 人，持有表决权的股份总数 86,433 股，占公司有表决权股份总数的 0.0691%。 （三）公司董事、监事、高级管理 ...