会议由公司董事长王剑峰先生主持，会议的召开符合《公司法》与《公司章 程》的有关规定。 会议以现场结合通讯表决方式审议并通过以下议案： 证券代码：600699 证券简称：均胜电子 公告编号：临 2024-068 宁波均胜电子股份有限公司 第十一届董事会第二十七次会议决议公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、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法律责任。 宁波均胜电子股份有限公司（以下简称"均胜电子"或"公司"）第十一届 董事会第二十七次会议于2024年11月29日在浙江宁波以现场结合通讯会议的方 式召开。会议通知于2024年11月27日以电话、专人送达等方式向公司全体董事发 出，会议应出席董事9名，实际出席9名。公司监事及高级管理人员列席了会议。 一、审议并通过了《关于新增2024年度日常关联交易的议案》 2024 年 11 月 30 日 2 / 2 二、审议并通过了《关于参与设立私募股权投资基金暨对外投资的议案》 具体内容详见《均胜电子关于对外投资暨参与设立私募股权投资基金的公 1 / 2 告》（公告编号：临2024-071）。 表决结果：9票同意、0票反对 ...

证券代码：600699 证券简称：均胜电子 公告编号：临2024-070 宁波均胜电子股份有限公司 关于新增2024年度日常关联交易的公告 经宁波均胜电子股份有限公司（以下简称"均胜电子"或"公司"）独立董 事专门会议 2024 年第二次会议审议通过，公司于 2024 年 11 月 29 日召开第十 一届董事会第二十七次会议，以 5 票同意、0 票反对、0 票弃权（公司共计 9 名 董事，其中关联董事王剑峰先生、朱雪松先生、李俊彧女士、周兴宥先生进行 了回避表决）的表决结果通过了《关于新增 2024 年度日常关联交易的议案》。 同日，公司召开第十一届监事会第十四次会议，以 3 票同意、0 票反对、0 票弃权的表决结果通过了《关于新增 2024 年度日常关联交易的议案》。 上述议案无需提交公司股东大会审议。 （二）前期预测2024年度日常关联交易已履行的审议程序 是否需要提交股东大会审议：否 日常关联交易对公司的影响：本次新增日常关联交易事项主要系公司为 加快推进全球豪华品牌客户800V高压快充平台订单的量产落地而实施，有利于 公司的日常生产经营，不会对公司的经营成果和财务状况产生不利影响；本次 新增日常关联交 ...

证券代码：600699 证券简称：均胜电子 公告编号：临 2024-067 宁波均胜电子股份有限公司 关于拟取得广东香山衡器集团股份有限公司 控制权的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、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法律责任。 重要内容提示： 基于对广东香山衡器集团股份有限公司（以下简称"香山股份"或"标的公 司"）长期投资价值的认可及未来发展前景的信心，宁波均胜电子股份有限公司 （以下简称"均胜电子"或"公司"）自 2023 年 7 月以来，通过协议转让、集中 竞价、大宗交易方式已累计增持香山股份 31,787,000 股，占其总股本比例为 24.0673%，累计投资金额约 9.80 亿元人民币，为香山股份第一大股东。 鉴于香山股份原控股股东、实际控制人与其一致行动人签署了《一致行动关 系解除协议》，同时出具了《关于不谋求控制权的承诺函》，充分认可并支持均胜 电子成为香山股份控股股东，公司已于 2024 年 11 月 28 日向香山股份发出《关 于要求提前改组董事会以确认控制权变更的通知函》，拟通过提名并决定半数以 上董事会成员选任来确认公司对香山 ...

Summary of Junsheng Electronics Conference Call Company Overview - Junsheng Electronics reported a revenue of approximately 41.1 billion yuan for the first three quarters of 2024, maintaining relative stability. The automotive electronics segment generated about 12.7 billion yuan, while the automotive safety segment achieved approximately 28.4 billion yuan [2][3]. Financial Performance - The company's gross margin was 15.6%, an increase of about 1.6 percentage points year-on-year. The gross margin for the automotive safety segment was 14.0%, up 2.6 percentage points year-on-year. The automotive electronics segment's gross margin was 19.2%, but it declined due to the reclassification of warranty expenses to operating costs. Excluding this impact, the gross margin for automotive electronics exceeded 20% [2][4]. - The net profit attributable to shareholders was approximately 941 million yuan, a year-on-year increase of 20.9%. The net profit excluding non-recurring items was also 941 million yuan, reflecting a growth of 40.3% year-on-year [2][4]. Market Dynamics - Global light vehicle sales for the first three quarters of 2024 were approximately 63.77 million units, with China's non-export sales increasing by 0.4% year-on-year. However, major markets showed mixed performance: China's non-export and Europe saw declines of 2.7% and 4.6% respectively; the U.S. market grew by only 0.8%; Japan and South Korea experienced declines of over 8% [2][5]. - Despite a downturn in the global automotive market, Junsheng Electronics maintained steady progress in its various businesses due to prior adjustments in customer structure [5]. Cost Control Measures - The company has implemented continuous optimization of existing product processes, capacity transfer, employee structure optimization, and supply chain management to stabilize raw material and logistics costs, thereby enhancing product cost competitiveness. Additionally, measures such as converting dollar loans to yuan and switching from floating to fixed-rate loans helped control financial expenses, with a slight increase in exchange gains during the first three quarters [2][6]. New Order Developments - Junsheng Electronics secured new orders with a total lifecycle value of approximately 70.4 billion yuan in the first three quarters, with automotive safety orders amounting to 49.1 billion yuan, surpassing the total for 2023. The automotive electronics segment received orders worth 21.4 billion yuan. Orders related to new energy vehicles totaled 37.6 billion yuan, accounting for over 50% of the total. Domestic new orders amounted to 31 billion yuan, representing 44% of the total [2][7]. Cash Flow Situation - The company maintained a healthy growth trend in operating net cash flow, primarily due to stable revenue and enhanced working capital management, particularly in accounts receivable. Although fixed asset investments increased due to order growth, the overall outflow of investment net cash flow was controlled. Cash payments for fixed assets, intangible assets, and other long-term assets decreased. Additionally, the increase in financing cash inflow was mainly due to funds received from strategic investors and optimized debt structure [2][8]. Future Development Strategy - Junsheng Electronics plans to capitalize on the increasing penetration of smart electric vehicles and the rising market share of domestic brands and new car manufacturers in China. The company aims to intensify its efforts in the Chinese market, particularly with leading domestic brands and new energy vehicle manufacturers [2][9]. - In terms of technological innovation, the focus will be on breakthroughs in smart driving, smart cockpits, connectivity, and vehicle body intelligence to secure more new technologies and orders, which are expected to become new growth points [2][10].

Summary of Conference Call for Junsheng Electronics Industry Overview - The automotive parts industry is experiencing a downturn, with global light vehicle sales declining in Q3 2024 compared to the previous year [1] - Global light vehicle sales volume for the first three quarters of 2024 was approximately 63.77 million units, with mixed performance across markets [1] - Exports from China saw a slight increase of 0.4%, while Europe and the U.S. experienced declines of 2.7% and 4.6%, respectively [1] Company Performance - Junsheng Electronics reported stable revenue of approximately 41.1 billion yuan for the first three quarters of 2024 [1] - Revenue breakdown: Automotive electronics generated 12.7 billion yuan, while automotive safety contributed approximately 28.4 billion yuan [1] - Gross margin improved to 15.6%, an increase of about 1.6 percentage points year-on-year [2] - The automotive safety segment achieved a gross margin of 14.0%, up 2.6 percentage points year-on-year [2] - Automotive electronics gross margin was 19.2%, which saw a decline due to reclassification of warranty expenses [2] Profitability and Cost Management - Net profit for the first three quarters was approximately 941 million yuan, reflecting a year-on-year growth of 20.9% [2] - Excluding non-recurring items, net profit increased by about 40.3% [2] - The company maintained healthy operating cash flow, attributed to effective management of working capital, particularly accounts receivable [3] - Investment cash flow increased due to strategic investments in the automotive safety division [4] R&D and Future Strategy - Continuous investment in R&D is necessary to maintain core competitiveness and ensure the conversion of current orders into revenue [5] - The company is focusing on expanding its presence in the smart electric vehicle market, particularly among leading domestic brands and new entrants [6] - Total new order value for the first three quarters was approximately 70.4 billion yuan, with automotive safety orders reaching about 49.1 billion yuan [6] - New energy vehicle-related orders accounted for over 50% of total orders, aligning with industry trends [6] Financial Health - The company's cash balance increased significantly due to strategic investments and debt optimization [5] - Inventory levels rose as certain divisions prepared for customer supply needs, while maintaining stable working capital turnover days [5] - Liabilities increased due to the need for debt structure optimization and external investments [5] Conclusion - Junsheng Electronics is navigating a challenging automotive market while maintaining stable revenue and improving profitability through effective cost management and strategic investments in R&D and new technologies [1][2][3][4][5][6]

证券代码：600699 证券简称：均胜电子 公告编号：临 2024-065 宁波均胜电子股份有限公司 公司于 2024 年 10 月 29 日披露了《均胜电子关于召开 2024 年第三季度业绩 说明会的公告》（公告编号：临 2024-062），并于 2024 年 11 月 13 日 13:00-14:30 通过上海证券交易所上证路演中心以视频录播和网络互动的形式召开了 2024 年 第三季度业绩说明会。公司相关董事及高级管理人员出席本次会议并就投资者关 注的问题进行了回复。 二、业绩说明会投资者提出的问题及公司回复情况 在本次业绩说明会中，公司董事及高级管理人员就以下问题给予答复（按问 题时间先后）： 问题一、公司的新增订单捷报频传，但公司的营业额确止步不前，这订单的 转换率为什么这么低能说说其中的原因吗？ 回复：您好，感谢您的关注！公司获取的新订单来源于下游各大主机厂商新 车型，通常会根据下游主机厂客户的实际要求进行排单与生产，不同类型的客户 对于新获订单后的排产时间和周期存在不同的安排，主要取决于下游客户相关新 车型全生命周期内的产品力、市场接受度等因素。因此，公司新增订单金额将会 1 / 4 根据客户车 ...

Investment Rating - The report maintains an "Outperform the Market" rating for the company [4][6][24]. Core Insights - The company's profitability has improved year-on-year, with a significant increase in net profit driven by cost reduction and efficiency measures [1][8]. - The automotive electronics business is expanding rapidly, with new orders and product lines being developed in smart driving and intelligent cockpit technologies [3][19]. - The company has a strong order backlog, with total new orders amounting to approximately 704 billion yuan in the first three quarters of 2024, including significant contributions from new energy vehicle-related orders [2][16]. Financial Performance Summary - In Q3 2024, the company achieved revenue of 14.06 billion yuan, a 2% increase quarter-on-quarter, while the net profit for the same period was 3.05 billion yuan, reflecting a 0.5% year-on-year increase [1][7]. - For the first three quarters of 2024, total revenue was 41.135 billion yuan, a slight decrease of 0.42% year-on-year, but net profit increased by 20.9% to 9.41 billion yuan [1][8]. - The gross margin for the first three quarters of 2024 was 15.6%, up 1.7 percentage points year-on-year, while the net margin was 3.1%, an increase of 1.0 percentage points year-on-year [2][18]. Order and Market Dynamics - The company has secured new orders worth approximately 704 billion yuan in the first three quarters of 2024, with 376 billion yuan related to new energy vehicles [2][16]. - The domestic market, particularly for independent brands and new forces, has shown strong growth, with new orders in China amounting to about 310 billion yuan, accounting for approximately 44% of total new orders [2][16]. Cost Management and Efficiency - The company has implemented effective cost reduction and efficiency improvement measures, leading to a significant enhancement in profitability across its main business segments [8][18]. - The automotive safety business has seen a gross margin increase of 2.6 percentage points to approximately 14.0%, supported by improved performance in European and American markets [2][18]. Research and Development Focus - The company is heavily investing in R&D, with 1.772 billion yuan allocated in the first three quarters of 2024, focusing on key areas such as smart driving, intelligent cockpit, and new energy vehicle technologies [19][20]. - The company is actively developing innovative safety solutions and enhancing its product offerings in response to the growing demand for advanced automotive safety technologies [21].

证券代码：600699 证券简称：均胜电子 公告编号：临 2024-064 宁波均胜电子股份有限公司 关于以集中竞价交易方式回购股份方案的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 重要内容提示： ●回购股份金额：不低于人民币 15,000 万元（含），不超过人民币 30,000 万元（含）。 ●回购股份资金来源：中国农业银行股份有限公司宁波鄞州分行（以下简称"农 业银行宁波鄞州分行"）提供的专项贷款及公司自有资金，其中该专项贷款金额不 超过人民币 2 亿元。 ●回购股份用途：本次回购的股份将全部予以注销并减少公司注册资本。 ●回购股份价格：不超过人民币 24 元/股，该回购价格上限不高于公司第十一届 董事会第二十六次会议通过回购股份方案（即 2024 年 11 月 5 日）前 30 个交易日 公司股票交易均价的 150%。 ●回购股份方式：集中竞价交易方式。 ●回购股份期限：本方案尚需提交公司股东大会审议，自公司股东大会审议通过 本次回购方案之日起 12 个月内。 ●相关股东是否存在减持计划：截至本公告披露日， ...

Investment Rating - The investment rating for the company is "Buy" [1] Core Views - The company reported a revenue of 411.35 billion yuan for the first three quarters of 2024, a slight decrease of 0.42% year-on-year, while the net profit attributable to shareholders increased by 20.90% year-on-year to 9.41 billion yuan [5][6] - The automotive safety business generated approximately 284 billion yuan in revenue, accounting for about 69.10% of total revenue, while the automotive electronics business achieved approximately 127 billion yuan, representing a growth of about 0.79% [6] - The company secured new orders worth approximately 704 billion yuan globally, with over 50% related to new energy vehicles [7] Summary by Sections Financial Performance - The company achieved a gross profit margin of 15.59% in the first three quarters of 2024, an increase of 1.65 percentage points year-on-year [6] - The projected revenue for 2024 is 609.85 billion yuan, with a net profit of 14.11 billion yuan, reflecting a year-on-year growth rate of 30.24% [9][10] Business Segments - The automotive safety business's gross margin improved significantly to approximately 14.0%, up by 2.6 percentage points year-on-year [6] - The automotive electronics business maintained a gross margin of 19.2%, despite a slight decline of 0.8 percentage points [6] Market Position and Outlook - The company is positioned as the second-largest player in the global automotive safety market, with expectations for continued growth in the automotive electronics sector driven by the increasing penetration of electric and intelligent driving technologies [9]

证券代码：600699 证券简称：均胜电子 公告编号：临 2024-063 宁波均胜电子股份有限公司 关于股份回购进展及实施结果暨股份变动的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、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法律责任。 重要内容提示： （五）本次回购资金来源为公司自有资金。本次回购不会对公司的日常经营、财 务状况和未来发展产生重大影响，不会影响公司的上市地位，不会导致公司控制 权发生变化。 三、 回购期间相关主体买卖股票情况 | 回购方案首次披露日 | 2024/2/20 | | | | --- | --- | --- | --- | | 回购方案实施期限 | 2024 年 月 19 日~2025 年 2 月 | 2 | 18 日 | | 预计回购金额 | 10,000 万元~20,000 万元 | | | | 回购价格上限 | 22.74 元/股 | | | | 回购用途 | □减少注册资本 √用于员工持股计划或股权激励 | | | | | □用于转换公司可转债 | | | | | □为维护公司价值及股东权益 | | | | 实际回购股数 | 1,2 ...