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。 证券代码：870357 证券简称：雅葆轩 公告编号：2024-078 芜湖雅葆轩电子科技股份有限公司 一、 减持主体减持前基本情况 持股 5%以上股东提前终止减持计划暨减持股份结果公告 | 股东名称 | 股东身份 | | 持股数量（股） | 持股比例 | 当前持股股份来源 | | --- | --- | --- | --- | --- | --- | | 孙昌来 | 持股 | 5%以上 | 10,762,310 | 13.4394% | 北交所上市前取得（含 | | | 股东 | | | | 权益分派转增股） | 二、 减持计划的实施结果 （一） 股东因以下原因披露减持计划实施结果： √减持计划实施完毕 □减持时间区间届满 | | | | | | 减持价 | | 减 | 当前持 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | | | | 格区间 | | 持 | ...

Investment Rating - The investment rating for the company is "Accumulate" (maintained) [1] Core Views - The company has entered the mass production and delivery phase for its automotive electronics, with a significant increase in net profit attributable to the parent company by 70% in Q3 2024 [1] - The company achieved a revenue of 269 million yuan in the first three quarters of 2024, representing a year-on-year growth of 6.39%, and a net profit of 35.67 million yuan, up by 11.79% [2] - The automotive electronics segment has shown strong growth, with a revenue increase of 398.20% in H1 2024 compared to the previous year [4] Financial Performance Summary - For the first three quarters of 2024, the company reported revenues of 269 million yuan and a net profit of 35.67 million yuan, with gross and net profit margins of 20.60% and 13.27% respectively [2] - The company forecasts net profits for 2024-2026 to be 46 million yuan, 56 million yuan, and 73 million yuan respectively, with corresponding EPS of 0.57 yuan, 0.70 yuan, and 0.91 yuan [2] - The company’s revenue is projected to grow from 414 million yuan in 2024 to 623 million yuan in 2026, with a year-on-year growth rate of 24.2% in 2026 [5] R&D and Capacity Expansion - In the first three quarters of 2024, the company invested 8.76 million yuan in R&D, accounting for 3.26% of its revenue, and has a total of 35 patents [5] - The company is expanding its production capacity by acquiring a 54,576.19 square meter industrial land for a new factory, which is currently under construction [5]

Investment Rating - The report maintains a "Buy" rating for the company [1] Core Views - The company's Q3 2024 performance is in line with expectations, with a revenue of 269 million yuan, a year-on-year increase of 6.39%, and a net profit of 36 million yuan, up 11.79% year-on-year [2] - The electronic manufacturing industry has a promising outlook, with the global EMS market projected to grow to 1,017.85 billion USD by 2032, driven by strong demand in consumer electronics and healthcare equipment [3] - The company has established stable relationships with major clients, with sales from the top three clients accounting for over 95% of total revenue, providing a solid foundation for performance [3] - The company is successfully expanding its customer base and increasing production capacity through new facilities, which is expected to significantly enhance performance once operational [4] - The company’s revenue forecasts for 2024-2026 are 400 million, 477 million, and 546 million yuan respectively, with net profits of 53 million, 67 million, and 83 million yuan, corresponding to EPS of 0.67, 0.84, and 1.03 yuan [4] Financial Summary - For Q3 2024, the company reported revenue of 90 million yuan, a 5.31% increase year-on-year, and a net profit of 11 million yuan, a 69.92% increase year-on-year [2] - The company’s financial expenses increased by 310.68% year-on-year, primarily due to higher interest expenses and reduced interest income [2] - The company’s cash flow from operating activities for the first three quarters was 51.36 million yuan, a significant increase of 4,112.56% year-on-year, mainly due to increased cash receipts from sales [2] - The company’s total assets are projected to grow from 524 million yuan in 2024E to 715 million yuan in 2026E, with total liabilities increasing from 109 million yuan to 150 million yuan over the same period [11]

Financial Performance - Operating revenue for the first nine months of 2024 reached CNY 268,701,005.09, reflecting a 6.39% increase from CNY 252,554,354.91 in the same period of 2023[5] - Net profit attributable to shareholders rose by 11.79% to CNY 35,667,919.18 for the first nine months of 2024, up from CNY 31,906,188.54 year-on-year[5] - The company reported a basic earnings per share of CNY 0.45 for the first nine months of 2024, a 12.50% increase from CNY 0.40 in the same period last year[5] - Operating profit for the first nine months of 2024 was ¥40,564,296.48, compared to ¥22,826,997.23 in 2023, indicating a significant increase of approximately 77.8%[23] - Net profit for the first nine months of 2024 was ¥35,667,919.18, up from ¥31,906,188.54 in 2023, reflecting a growth of about 12.0%[23] - The total profit for the first nine months of 2024 was ¥40,552,938.04, compared to ¥36,333,043.76 in 2023, representing an increase of approximately 44.0%[23] - The company achieved a profit margin of approximately 13.3% in the first nine months of 2024, compared to 12.6% in the same period of 2023, indicating improved profitability[23] Cash Flow - The net cash flow from operating activities surged by 4,112.56% to CNY 51,364,434.07, compared to CNY 1,219,317.46 in the previous year[5] - Operating cash inflow for the first nine months of 2024 was CNY 311,584,615.76, an increase of 16.6% compared to CNY 267,100,148.71 in the same period of 2023[27] - Total cash inflow from operating activities was CNY 309,062,898.19, an increase from CNY 264,359,491.81 in the previous year[29] - The company reported a decrease in tax payments to CNY 5,416,078.51 from CNY 16,135,346.86 in the same period last year[27] - Cash and cash equivalents at the end of September 2024 stood at CNY 98,367,738.85, up from CNY 78,468,812.53 at the end of September 2023[28] Assets and Liabilities - Total assets increased by 6.45% to CNY 494,480,423.99 as of September 30, 2024, compared to CNY 464,506,037.69 at the end of 2023[5] - The company reported current assets of 397,710,670.95 yuan as of September 30, 2024, compared to 408,192,680.73 yuan at the end of 2023[16] - Current liabilities rose to ¥124.91 billion, compared to ¥98.16 billion, marking an increase of about 27.3%[20] - Total liabilities increased to ¥129.58 billion from ¥103.24 billion, representing a growth of approximately 25.5%[18] - The company’s debt-to-asset ratio increased to 26.27% for the parent company, up from 22.05% at the end of 2023[5] Investments - Investment activities generated a cash outflow of CNY 45,670,096.70, reflecting a 1,073.49% increase due to new land use rights and construction project investments[8] - Cash outflow for capital expenditures was CNY 46,972,879.50, a substantial increase from CNY 4,670,611.88 in the previous year[28] - The company approved a proposal to purchase land use rights on April 24, 2024[15] Shareholder Information - Total number of restricted shares is 46,116,200, accounting for 57.59% of total shares[11] - The total share capital is 80,080,000, with 5,383 common shareholders[11] - The largest shareholder, Hu Xiaoyu, holds 25,759,500 shares, representing 32.17% of total shares[12] Other Financial Metrics - Research and development expenses for the first nine months of 2024 totaled ¥8,764,944.48, slightly higher than ¥8,503,282.66 in 2023, showing a year-over-year increase of approximately 3.1%[22] - Total operating costs for the first nine months of 2024 were ¥236,536,418.75, compared to ¥230,373,776.67 in 2023, which is an increase of about 2.7%[22] - Other income for the first nine months of 2024 was ¥6,282,802.33, significantly higher than ¥1,484,630.32 in 2023, indicating a growth of approximately 323.5%[22] - The company reported a financial expense of ¥840,578.11 for the first nine months of 2024, compared to a financial income of ¥204,681.82 in 2023, reflecting a change in financial performance[22]

证券代码：870357 证券简称：雅葆轩 公告编号：2024-076 芜湖雅葆轩电子科技股份有限公司 第三届监事会第二十次会议决议公告 本公司及监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、会议召开和出席情况 1.议案内容： （一）会议召开情况 6.召开情况合法、合规、合章程性说明： 会议召集、召开符合《公司法》和《公司章程》的有关规定。 （二）会议出席情况 会议应出席监事 3 人，出席和授权出席监事 3 人。 二、议案审议情况 （一）审议通过《关于公司 2024 年第三季度报告的议案》 《芜湖雅葆轩电子科技股份有限公司第三届监事会第二十次会议决议》 芜湖雅葆轩电子科技股份有限公司 监事会 根据《公司法》《证券法》《北京证券交易所股票上市规则（试行）》及《公 司章程》等法律、法规、规范性文件、制度的相关规定和要求，公司结合 2024 年第三季度实际经营情况，编制了《2024 年第三季度报告》。 具体议案内容详见公司于 2024 年 10 月 29 日在北京证券交易所指定信息披 1.会议召开时间：2024 ...

4.发出董事会会议通知的时间和方式：2024 年 10 月 19 日以通讯方式发出 5.会议主持人：董事长胡啸宇先生 证券代码：870357 证券简称：雅葆轩 公告编号：2024-075 芜湖雅葆轩电子科技股份有限公司 第三届董事会第三十一次会议决议公告 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。 一、会议召开和出席情况 （一）会议召开情况 1.会议召开时间：2024 年 10 月 29 日 2.会议召开地点：公司会议室 3.会议召开方式：现场及通讯相结合 6.会议列席人员：公司监事及高级管理人员 7.召开情况合法、合规、合章程性说明： 本次会议的召集与召开、议案的审议程序等，均符合《公司法》《证券法》 等相关法律、法规、规范性文件及《公司章程》的规定。 （二）会议出席情况 会议应出席董事 5 人，出席和授权出席董事 5 人。 二、议案审议情况 （一）审议通过《关于公司 2024 年第三季度报告的议案》 1.议案内容： 根据《公司法》《证券法》《北京证券交易所股票上市规则（试行）》及《公 司章程》等 ...

证券代码：870357 证券简称：雅葆轩 公告编号：2024-074 芜湖雅葆轩电子科技股份有限公司股票解除限售公告 三、本次股票解除限售后的股本情况 | 股份性质 | 数量（股） | 百分比 | | --- | --- | --- | | 无限售条件的股份 | 44,514,600 | 55.59% | | 1、高管股份 | 31,652,400 | 39.52% | | | 2、个人或基金 | 0 | 0% | | --- | --- | --- | --- | | 有限售条件的 | 3、其他法人 | 3,913,000 | 4.89% | | 股份 | 4、限制性股票 | 0 | 0% | | | 5、其他 | 0 | 0% | | | 有限售条件股份合计 | 35,565,400 | 44.41% | | | 总股本 | 80,080,000 | 100% | 注：如公司近期办理过新增股份登记的，公司总股本以新增股份登记后的总股本为准。 四、其它情况 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 ...

| | 公告日期 | 2024-10-18 异常期间 | 无 | | | | --- | --- | --- | --- | --- | --- | | | 雅葆轩(870357) 12087639.0 | 成交数量 连续竞价 （股） | | 成交金额（万 元） | 26386.04 | | | 涉及事项 当日价格振幅达到30%的前5只股票 | | | | | | 买/卖 | 营业部或交易单元名称 | | | 买入金额（元） | 卖出金额（元） | | 买1 | 中信建投证券股份有限公司广州珠江新城证券营业部 | | | 4969438 | 2507803.27 | | 买2 | 华鑫证券有限责任公司上海金山营业部 | | | 3931805.49 | 3076012.05 | | 买3 | 华泰证券股份有限公司南京分公司 | | | 3820633.84 | 2450 | | 买4 | 国信证券股份有限公司南京洪武路证券营业部 | | | 2732362.23 | 110624 | | 买5 | 国信证券股份有限公司深圳红岭中路证券营业部 | | | 2709528.98 | 1221173.73 | | ...

| 日期 | 代码 | 简称 | 成交数量（股） | 成交金额（万元） | 披露原因 | | --- | --- | --- | --- | --- | --- | | 2024-10- | | | | | 异常期间涨跌幅偏离值累计 | | 18 | 837092 | 汉鑫科技 | 16341963.0 | 55709.63 | 达到53.74% | | 2024-10- | 835207 | 众诚科技 | 30109049.0 | 49773.3 | 异常期间涨跌幅偏离值累计 | | 18 | | | | | 达到53.58% | | 2024-10- | 839680 | 广道数字 | 34205996.0 | 80535.51 | 异常期间涨跌幅偏离值累计 | | 18 | | | | | 达到45.12% | | 2024-10- | 834415 | 恒拓开源 | 69421820.0 | 75931.26 | 异常期间涨跌幅偏离值累计 | | 18 | | | | | 达到42.55% | | 2024-10- | | | | | 异常期间涨跌幅偏离值累计 | | 18 | 430489 | 佳先 ...

证券代码：870357 证券简称：雅葆轩 公告编号：2024-073 股东拟减持公司股份不超过 1%的预披露公告 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、 减持主体的基本情况 | 股东名称 | 股东身份 | | 持股数量（股） | 持股比例 | 当前持股股份来源 | | --- | --- | --- | --- | --- | --- | | 孙昌来 | 持股 | 5%以上 | 10,762,310 | 13.4394% | 北交所上市前取得（含权益分 | | | 股东 | | | | 派转增股） | | 股 | | | | | | | | | 拟减 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 东 | 计划减持数 | 计划减持 | 减持 | | 减持 | | 减持价 | 拟减持股份来 | 持 | | 名 | 量（股） | 比例 | 方式 | | 期间 | | 格区间 | 源 | 原因 | | 称 | | ...