| 证券代码：600745 | 证券简称：闻泰科技 | 公告编号：临 2025-014 | | --- | --- | --- | | 转债代码：110081 | 转债简称：闻泰转债 | | 闻泰科技股份有限公司 | 股东名称 | 股东身份 | 持股数量 | 持股比例 | 当前持股股份来源 | | --- | --- | --- | --- | --- | | | | （股） | | | | 珠海融林股权投资 合伙企业 ( 有 限 合 | 5% 以 上非 第一 | 80,020,040 | 6.44% | 发行股份购买资产取得： 股 | | | 大股东 | | | 80,020,040 | | 伙) | | | | | 1 股东持股的基本情况：本次减持计划实施前，闻泰科技股份有限公司 （以下简称"公司"）持股 5%以上股东珠海融林股权投资合伙企业(有 限合伙)(以下简称"珠海融林")及其一致行动人珠海格力电器股份有 限公司(以下简称"格力电器")合计持有公司股份 115,879,035 股，占 当时公司总股本 9.33%，上述股份来源于公司发行股份购买资产取得， 均为无限售流通股。 集中竞价减持计划的实施结果 ...

Core Viewpoint - Wentech Technology is rapidly divesting its ODM business, with Luxshare Precision's subsidiary acquiring it for 616 million yuan, approximately 30% below the net asset value of the target companies [1][2] Group 1: Transaction Details - The transaction involves the transfer of 100% equity of three subsidiaries: Jiaxing Yongrui Electronic Technology Co., Ltd., Shanghai Wentech Electronic Technology Co., Ltd., and Shanghai Wentech Information Technology Co., Ltd. for a preliminary price of 616 million yuan [1] - The estimated net asset value of the target companies before impairment testing is approximately 871 million yuan, with an expected impairment range of 210 million to 300 million yuan [2] - The buyer is expected to settle outstanding payables of approximately 1.0805 billion yuan owed to Wentech Communications and its affiliates [3] Group 2: Business Impact - Wentech Technology's inclusion on the U.S. Entity List has significantly impacted its procurement of foreign materials and technology, particularly affecting its small home appliance projects [1] - The company anticipates that while existing projects are proceeding normally, future project acquisition and supply chain stability face considerable risks due to client risk preferences [1][2] - The divestiture is aimed at ensuring the smooth operation of the small home appliance business and maintaining stability within the domestic supply chain and workforce [1] Group 3: Financial Implications - Wentech Technology has projected a pre-loss of 3 to 4 billion yuan for 2024, influenced by the impact of the Entity List on its integrated business [2] - The company has been required to assess impairment for related assets by the end of 2024, with ongoing impairment testing currently in progress [2] - The divestiture is expected to enhance the company's focus and core competitiveness, facilitating a transition towards business transformation and upgrade [3]

| 证券代码：600745 | 证券简称：闻泰科技 | 公告编号：临 | 2025-013 | | --- | --- | --- | --- | | 转债代码：110081 | 转债简称：闻泰转债 | | | 一、交易概述 （一）本次交易的基本情况 2025 年 1 月 23 日，公司全资子公司闻泰通讯股份有限公司（以下简称 "闻泰通讯"或"转让方"）与立讯通讯（上海）有限公司（以下简称"立 讯通讯"或"受让方"）签署了《股权转让协议》，转让嘉兴永瑞电子科 技有限公司（以下简称"嘉兴永瑞"）、上海闻泰电子科技有限公司（以 下简称"上海闻泰电子"）和上海闻泰信息技术有限公司（以下简称"上 海闻泰信息"）（含下属子公司，下同）100%股权（以下简称"标的股权"）， 标的股权的转让价款暂定为 6.16 亿元（后续依据审计评估结果为基础 进行协商后确定最终价格）。 本次交易不构成关联交易。 本次转让嘉兴永瑞、上海闻泰电子和上海闻泰信息 100%股权不构成重 大资产重组。 本次交易已经过公司第十二届董事会第二次会议审议通过，无需提交公 司股东大会审议。 本次转让完成后，公司将不再持有嘉兴永瑞、上海闻泰电子和上海闻泰 ...

| 证券代码：600745 | 证券简称：闻泰科技 | 公告编号：临 | 2025-012 | | --- | --- | --- | --- | | 转债代码：110081 | 转债简称：闻泰转债 | | | （二）2025 年 1 月 23 日通过邮件方式向全体董事、监事及高级管理人员发 出了会议通知。召集人对本次会议的通知向与会董事作出了说明，与会董事同意 豁免本次董事会会议通知时限要求。 （三）本次会议于 2025 年 1 月 23 日以通讯表决方式召开。 （四）本次董事会会议应当出席的董事 5 人，实际出席会议的董事 5 人（其 中：委托出席的董事 0 人，以通讯表决方式出席会议 5 人），0 人缺席会议。 （五）本次董事会由董事长张秋红女士主持，监事会成员、财务总监及董事 会秘书列席了本次会议。 二、董事会会议审议情况 闻泰科技股份有限公司 第十二届董事会第二次会议决议公告 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。 一、董事会会议召开情况 （一）闻泰科技股份有限公司（以下简称"公司"）第十二届董事会第二次 会 ...

Investment Rating - Maintain BUY rating with a target price of RMB52, implying a 56.6% upside from the current price of RMB33.20 [1][3] Core View - Wingtech is transitioning to a semiconductor-focused company, positioning itself for long-term value creation despite short-term financial setbacks [1] - The company expects a net loss of RMB3.5-4.55bn in FY24, primarily due to one-off impairments related to the sale of its ODM business, write-down on deferred tax assets, and goodwill impairments [1] - The semiconductor business showed resilience in FY24, with sequential revenue growth in 2Q and 3Q, and single-digit YoY growth in 4Q despite seasonal softness [7] - Wingtech's ODM business improved in 4Q, turning profitable excluding impairments, but remains a low-margin segment [7] Financial Performance - Revenue is expected to grow 18.1% YoY in FY24 to RMB72.3bn, with further growth of 10.9% and 5.8% projected for FY25 and FY26, respectively [2] - Gross margin declined to 10.4% in FY24E from 16.1% in FY23A, but is expected to recover to 13.2% and 14.8% in FY25E and FY26E [2] - Net profit is forecasted to rebound strongly in FY25E, growing 186.4% YoY to RMB2.61bn, followed by 45.0% growth in FY26E to RMB3.78bn [2] - Operating profit is expected to increase 155.6% YoY in FY25E to RMB4.18bn, driven by the company's transformation and semiconductor focus [2] Business Segments - The ODM business accounted for 17% market share in 1H24, ranking third among top players in China, down 3ppts YoY [7] - Semiconductor revenue grew sequentially in FY24, with 2Q and 3Q showing 10% and 15% QoQ growth, respectively [7] - China contributed ~40% of total semiconductor revenue in FY24, offsetting overseas weakness due to inventory correction [7] - Auto revenue currently accounts for 60% of total semiconductor revenue, with overseas OEMs expected to resume restocking in 2025 [7] Valuation and Outlook - Wingtech's valuation is expected to benefit from increasing semiconductor revenue share, robust domestic auto demand, and a re-rating opportunity as it transforms into a semi-centric company [7] - The target price of RMB52 corresponds to 24.8x FY25E P/E, based on unchanged financial forecasts [7] - The company's market cap stands at RMB41.26bn, with an average 3-month turnover of RMB1.68bn [3]

| | | 闻泰科技股份有限公司 关于收到董事长提议回购公司股份的提示性公告 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。 闻泰科技股份有限公司（以下简称"公司"）董事会于 2025 年 1 月 17 日收 到公司董事长张秋红女士《关于提议回购公司股份的函》。提议主要内容如下： 公司董事长张秋红女士基于对公司未来发展的信心以及对公司价值的认可， 为切实保护全体股东利益，增强公众投资者对公司的信心，结合公司经营情况及 财务状况等因素，张秋红女士提议公司使用自有资金通过上海证券交易所交易系 统以集中竞价交易方式回购公司已发行的部分人民币普通股（A 股）股票，并在 未来将前述回购股份用于员工持股计划。 一、提议人的基本情况及提议时间 提议时间：2025 年 1 月 17 日 二、提议回购股份的原因和目的 三、提议内容 1、回购股份的种类：公司发行的人民币普通股（A 股） 提议人：公司董事长张秋红女士 7、回购期限：自公司董事会审议通过最终股份回购方案之日起 12 个月内 四、提议人在提议前 6 个月内买卖本公司股份的情况 提议人张 ...

Financial Performance Expectations - The company expects a net profit attributable to shareholders of the parent company for 2024 to be between -3,000 million and -4,000 million CNY, indicating a significant loss compared to the previous year's profit of 1,181.25 million CNY[6][8]. - The expected net profit after deducting non-recurring gains and losses for 2024 is projected to be between -3,500 million and -4,550 million CNY[6]. - The company reported a total profit of 1,980.32 million CNY for the previous year, with a net profit of 1,181.25 million CNY attributable to shareholders[8]. Business Segment Performance - The semiconductor business is expected to maintain steady revenue growth, with a significant improvement in gross margin in the second half of 2024 despite seasonal impacts[14]. - The product integration business is projected to achieve double-digit year-on-year revenue growth in Q4 2024, driven by increased sales of consumer electronics[15][16]. Impairment and Losses - The company has recognized impairment losses on long-term assets due to uncertainties in future economic benefits from the product integration business, leading to a substantial expected loss in 2024[10][12]. - The company has previously recognized goodwill of 1,300.18 million CNY from the acquisition of Wentai Communications, with impairments of 606.16 million CNY and 493.79 million CNY recorded in 2022 and 2023 respectively[12]. Operational Strategy - The company plans to continue optimizing operational management and resource allocation to enhance efficiency and profitability in 2024[13]. Cautionary Notes - The company emphasizes that the financial data provided is preliminary and has not been audited by registered accountants, urging investors to be cautious[17][18].

一、 转股价格触发修正条件 根据《闻泰科技股份有限公司公开发行可转换公司债券募集说明书》的相关 规定，在本次发行的可转债存续期间，当公司股票在任意连续三十个交易日中至 少有十五个交易日的收盘价低于当期转股价格的 85%时，公司董事会有权提出转 股价格向下修正方案并提交公司股东大会审议表决。 二、关于不向下修正"闻泰转债"转股价格的具体情况 自 2024 年 12 月 24 日重新开始起算后，截至 2025 年 1 月 16 日，"闻泰转债" 已触发向下修正条款。鉴于"闻泰转债"距离存续届满期尚远，并综合考虑公司 的基本情况、股价走势、市场环境等多重因素，以及对公司的长期发展潜力与内 在价值的信心，为维护全体投资者的利益，经公司第十二届董事会第一次会议审 议通过，公司董事会决定本次不向下修正转股价格。 | 证券代码：600745 | 证券简称：闻泰科技 | 公告编号：临 | 2025-007 | | --- | --- | --- | --- | | 转债代码：110081 | 转债简称：闻泰转债 | | | 闻泰科技股份有限公司 关于不向下修正"闻泰转债"转股价格的公告 本公司董事会及全体董事保证本公告内容不 ...

第十二届董事会第一次会议决议公告 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。 | 证券代码：600745 | 证券简称：闻泰科技 | 公告编号：临 | 2025-005 | | --- | --- | --- | --- | | 转债代码：110081 | 转债简称：闻泰转债 | | | 闻泰科技股份有限公司 一、董事会会议召开情况 （五）本次董事会由半数以上董事共同推举董事张秋红女士主持，监事会成 员、拟任财务总监及董事会秘书列席了本次会议。 二、董事会会议审议情况 （一）审议通过《关于选举公司董事长的议案》 同意选举张秋红女士为公司第十二届董事会董事长，任期与公司第十二届董 事会一致。 表决结果：5 票赞成，0 票反对，0 票弃权。 （二）审议通过《关于选举公司董事会专门委员会委员的议案》 同意公司第十二届董事会专门委员会委员如下： （一）闻泰科技股份有限公司（以下简称"公司"）第十二届董事会第一次 会议的召开符合有关法律、行政法规、部门规章、规范性文件和《公司章程》的 规定。 （二）2025 年 1 月 15 日通过 ...

| 证券代码：600745 | 证券简称：闻泰科技 | 公告编号：临 | 2025-006 | | --- | --- | --- | --- | | 转债代码：110081 | 转债简称：闻泰转债 | | | 闻泰科技股份有限公司 第十二届监事会第一次会议决议公告 本公司监事会及全体监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。 一、监事会会议召开情况 （一）闻泰科技股份有限公司（以下简称"公司"）第十二届监事会第一次会 议的召开符合有关法律、行政法规、部门规章、规范性文件和《公司章程》的规 定。 （二）2025 年 1 月 15 日通过邮件方式向全体监事发出了会议通知，召集人 对本次会议的通知向与会监事作出了说明，与会监事同意豁免本次监事会会议通 知时限要求。 （三）本次会议于 2025 年 1 月 16 日以现场表决方式召开。 （四）本次监事会会议应当出席的监事 3 人，实际出席会议的监事 3 人（其 中：委托出席的监事 0 人，以通讯表决方式出席会议 0 人），0 人缺席会议。 二、监事会会议审议情况 审议通过《关于选举监事会主席的议案 ...