Core Viewpoint - The company expresses strong confidence in the growth of the consumer electronics sector in the coming years, driven by multiple opportunities in camera module assembly and testing equipment, as well as innovations in terminal products like smartphones and wearables [1][2]. Group 1: Consumer Electronics Growth - The company believes there is significant potential for domestic substitution in the camera module assembly and testing equipment market, which has been predominantly led by foreign companies [1]. - Continuous innovation in camera modules is expected to provide substantial market increments, with the company successfully entering this market and anticipating orders for various camera modules next year [1]. - The acceleration of AI development is expected to drive innovation in terminal products, with the company poised to secure more orders for assembly and testing equipment for products like smartphones, smartwatches, and headphones [1]. Group 2: Financial Performance - For the first three quarters of 2024, the company reported revenue of 3.194 billion yuan, a year-on-year increase of 21.76%, and a net profit attributable to shareholders of 475 million yuan, up 18.99% [2]. - The third quarter alone saw total revenue of 1.563 billion yuan, reflecting a year-on-year growth of 28.15%, with a net profit of 321 million yuan, an increase of 8.53% [2]. - The company attributes its revenue growth to successful orders in camera and other front-end module businesses, as well as its status as a core supplier of automation equipment for major 3C clients [2]. Group 3: Semiconductor and New Energy Developments - The company has a strong technical foundation in semiconductor packaging and testing automation equipment, achieving breakthroughs in laser marking and cutting, and has received bulk orders from clients like ASE [3]. - Although the revenue contribution from the new energy sector is currently small, the company remains optimistic about its future development prospects [3]. - The semiconductor revenue accounted for nearly 12% of total revenue in the first three quarters of 2024, with ongoing projects in wafer testing and other areas showing positive progress [2].

关于苏州赛腾精密电子股份有限公司 股票交易异常波动问询函的回复 苏州赛腾精密电子股份有限公司： 特此回复。 股东：孙丰、曾慧 2024 年 11 月 11 日 本人已收到《苏州赛腾精密电子股份有限公司关于股票交易异常 波动有关事项的问询函》，经本人自查，现就相关事项回复如下： 本人作为苏州赛腾精密电子股份有限公司的控股股东、实际控制 人，截至目前，除已披露事项外不存在其他涉及你公司的应披露而未 披露的重大信息，包括但不限于重大资产重组、股份发行、收购、债 务重组、业务重组、资产剥离、资产注入、股份回购、股权激励、破 产重整、重大业务合作、引进战略投资者等重大事项。 ...

证券代码：603283 证券简称：赛腾股份 公告编号：2024-070 苏州赛腾精密电子股份有限公司 股票交易异常波动公告 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： 苏州赛腾精密电子股份有限公司（以下简称 "公司"）股票于 2024 年 11 月 8 日、11 月 11 日连续两个交易日内日收盘价格涨幅偏离值累计达 20%，根 据《上海证券交易所交易规则》的有关规定，属于股票交易异常波动。 经公司自查，并函询公司股东孙丰先生、曾慧女士，截至本公告披露日， 除在公司指定信息披露媒体及上海证券交易所网站披露的相关信息外，不存在应 披露而未披露的重大信息。 风险提示：敬请广大投资者注意二级市场交易风险，理性决策，审慎投 资。 一、股票交易异常波动的具体情况 公司股票交易于 2024 年 11 月 8 日、11 月 11 日连续两个交易日内日收盘价 格涨幅偏离值累计达 20%，根据《上海证券交易所交易规则》的有关规定，属于 股票交易异常波动情形。 二、公司关注并核实的相关情况 针对公司股票异常波动，公司对有关事项 ...

Company Overview and Financial Performance - Saiteng Co., Ltd. specializes in intelligent manufacturing solutions, focusing on R&D, design, production, sales, and technical services for smart manufacturing equipment [2] - The company has expanded its business from consumer electronics to semiconductor and new energy sectors, with revenue growth from over 600 million to 4.446 billion in 2023 [2] - For the first three quarters of 2024, the company reported revenue of 3.194 billion, a year-on-year increase of 21.76%, and a net profit attributable to shareholders of 475 million, up 18.99% [2] Revenue Growth Drivers - Significant revenue growth in Q3 attributed to successful certification as a qualified supplier for major clients, expanding from assembly testing equipment to front-end component assembly testing [3] - Increased orders in camera modules and substantial growth in terminal products like headphones and smartphones contributed to revenue increases [3] Financial Challenges - A notable rise in financial expenses due to exchange rate fluctuations, with foreign exchange losses exceeding 55,000 [3] - Share-based payment expenses increased by over 53,000 compared to the previous year [3] Future Growth Opportunities - Anticipated growth in the consumer electronics sector driven by innovations in camera modules and AI, with expectations for increased orders in assembly and testing equipment [4] - The company is optimistic about new product launches in MR/AR and other front-end modules, which could provide market growth [4] Contract Liabilities and Semiconductor Business - A significant decrease in contract liabilities due to reduced advance payments in the consumer electronics sector, indicating variability in customer payment conditions [4] - Semiconductor revenue accounted for nearly 12% of total revenue in the first three quarters of 2024, with ongoing projects expected to yield bulk orders in the coming years [5] Strategic Acquisitions and New Ventures - Successful acquisition of Optima has led to substantial revenue growth and profit contributions, with ongoing efforts to identify quality targets for collaboration in semiconductor and testing sectors [6] - The company is exploring new business opportunities in semiconductor packaging automation and has received bulk orders from clients in this field [6]

Key Points Industry/Company Involved * **Semiconductor Industry**: Focus on domestic semiconductor companies benefiting from the US-China trade tensions and the rise of AI. * **Automotive Industry**: Emphasis on the potential for domestic substitution in the automotive seating market. * **Technology Companies**: Mention of specific companies like **Sai Cheng**, **Shanghai Yanpu**, and **Zhejiang Longtai**. Core Views and Arguments * **US-China Trade Tensions**: The election of Trump as the new president of the United States is expected to exacerbate US-China trade tensions, benefiting domestic semiconductor companies and automotive seating manufacturers. * **Sai Cheng**: The company's HBM testing equipment is crucial for domestic semiconductor production and is likely to benefit from potential US sanctions. * **Shanghai Yanpu**: The company is a leading domestic automotive seating manufacturer and is well-positioned to benefit from the increasing demand for domestic substitution in the automotive seating market. * **Zhejiang Longtai**: The company's revenue and profit have grown consistently over the past eight years, and it is expected to continue growing in the future. Other Important Content * **Sai Cheng's Financial Performance**: The company's revenue has grown by 20% in the third quarter, and its profit has reached a historical high. * **Shanghai Yanpu's Growth Opportunities**: The company has successfully launched a seating platform and is expected to benefit from increased cooperation with automakers. * **Zhejiang Longtai's Acquisition Strategy**: The company is actively seeking acquisition targets and is expected to continue growing in the future. References * [1] * [2] * [3] * [4] * [5] * [6] * [7] * [8] * [9] * [10] * [11]

Summary of Conference Call Company and Industry Involved - The conference call discusses the performance and outlook of a company involved in the consumer electronics sector, particularly focusing on its relationship with Apple and the optical components industry. Key Points and Arguments Financial Performance - The company reported a revenue growth of 39% over the past eight years, marking it as one of the fastest-growing in the sector [1] - The company achieved a 28% year-over-year revenue growth in Q3, despite a high base from the previous year, indicating strong performance in a year considered a "small year" for Apple [1] - The reported profit for the company was 321 million, which did not match the revenue growth rate, primarily due to increased financial expenses and stock incentive plan amortization [2][3] - The financial expenses increased by 5 million due to foreign exchange losses, contrasting with the previous year's gains [2] - The actual operational profit growth is believed to be significantly higher than reported, considering the impact of foreign exchange and stock incentive costs [3] Industry Trends - The optical components industry is experiencing a shift, with Chinese companies gaining market share in the international camera supply chain, creating new opportunities for domestic equipment manufacturers [4] - The introduction of AI features by Apple is expected to drive further growth and innovation in the sector, with high expectations for future product launches [4][5] Future Outlook - The company is optimistic about the upcoming year, which is anticipated to be a "big year" for Apple with new product launches and upgrades [2][5] - The office equipment segment has shown growth, with revenue reaching 240 million, indicating potential for further valuation recovery [5][6] - The company is actively seeking semiconductor acquisition targets, leveraging past successful acquisitions to enhance growth [6][7] - The forecast for next year's profit is projected at 1.05 billion, with a current valuation of approximately 13 times earnings, suggesting potential for significant growth [7] Additional Insights - The company has a strong history of successful acquisitions, which positions it well for future growth opportunities in the semiconductor space [6] - There is a positive sentiment regarding government policies that support the industry, indicating a favorable environment for growth [7] Conclusion - The company is positioned for continued growth, with strong financial performance, industry trends favoring domestic players, and a proactive approach to acquisitions and product development. The outlook remains optimistic for the upcoming year, with expectations of exceeding previous performance metrics.

Investment Rating - The investment rating for the company is "Buy" (maintained) [1] Core Views - The company achieved a revenue of 3.194 billion yuan in the first three quarters of 2024, representing a year-on-year increase of 21.76%. The net profit attributable to the parent company was 475 million yuan, up 18.99% year-on-year [2] - In Q3 alone, the revenue was 1.563 billion yuan, showing a year-on-year growth of 28.15% and a quarter-on-quarter increase of 82.32%. The net profit for Q3 was 321 million yuan, reflecting a year-on-year increase of 8.53% and a significant quarter-on-quarter rise of 438% [2] - The company has a strong order backlog, with profit forecasts for 2024-2026 set at 840 million, 970 million, and 1.07 billion yuan respectively, corresponding to dynamic P/E ratios of 17, 15, and 14 times [5] Summary by Sections Financial Performance - The company reported a gross margin of 44.69% for the first three quarters of 2024, a slight decrease of 0.12 percentage points year-on-year. The net profit margin was 15.22%, up 0.01 percentage points year-on-year [3] - In Q3, the gross margin was 44.38%, down 5.53 percentage points year-on-year, while the net profit margin was 20.71%, down 3.31 percentage points year-on-year but up 13.50 percentage points quarter-on-quarter due to a significant reduction in the expense ratio [3] Cash Flow and Working Capital - As of the end of Q3 2024, the company's inventory was 1.457 billion yuan, down 8.78% year-on-year, and contract liabilities were 510 million yuan, down 65.31% year-on-year. However, accounts receivable increased by 117% year-on-year to 2.062 billion yuan [4] - The net cash flow from operating activities for Q3 was -256 million yuan, indicating pressure on sales collections, but Q4 is expected to see an acceleration in sales receipts [4] Market Position and Growth Potential - The company is a leader in consumer electronics equipment and is expanding into semiconductor and new energy sectors. The demand for equipment related to periscope cameras and smart glasses is expected to drive growth [5] - The acquisition of Japanese Optima has allowed the company to enter the semiconductor measurement equipment market, enhancing its competitiveness and benefiting from the domestic substitution trend [5]

华福证券 赛腾股份（603283.SH） 业绩持续高增，关注 AI 大潮下的 3C+半导体设备机会 投资要点： 事件：公司发布 2024 年三季报，2024 年前三季度实现营业收入 31.94 亿元， 同比增长 21.76%；实现归母净利润 4.75 亿元，同比增长 18.99%。 业绩维持高速增长，财务费用有所提升 分季度来看，2024 年第三季度公司实现营业收入 15.63 亿元 （YoY+28.15%），归母净利润 3.21 亿元（YoY+8.53%），在上年同期业 绩的高基数下，公司 2024Q3 实现了业绩的稳定增长。前三季度公司销 售费用率、管理费用率、研发费用率分别为 10.04%、7.71%、8.55%， 较上年同期分别下降 0.38pct、0.75pct、0.05pct；财务费用由上年同期 的-3206 万元提升至 1815 万元，对公司净利润造成一定影响。 一年内股价相对走势 3C 设备：AI 终端等新产品将带来结构性机会 2023 年以来，AI 技术在消费电子终端设备中的应用加速落地， 推动了行业从弱复苏向成长的转变。2024 年，端侧 AI 技术将在手机、 PC、XR、可穿戴设备和物联 ...

证券代码：603283 证券简称：赛腾股份 公告编号：2024-069 苏州赛腾精密电子股份有限公司 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： ● 会议召开时间：2024年11月07日(星期四) 下午 14:00-15:00 ● 会 议 召 开 地 点 ： 上 海 证 券 交 易 所 上 证 路 演 中 心 （ 网 址 ： https://roadshow.sseinfo.com/） ● 会议召开方式：上证路演中心网络互动 ● 投资者可于2024年10月31日(星期四) 至11月06日(星期三)16:00前登 录 上 证 路 演 中 心 网 站 首 页 点 击 " 提 问 预 征 集 " 栏 目 或 通 过 公 司 邮 箱 zqb@secote.com进行提问。公司将在说明会上对投资者普遍关注的问题进行回 答。 苏州赛腾精密电子股份有限公司（以下简称"公司"）将于2024年10月 31日披露公司2024年第三季度报告，为便于广大投资者更全面深入地了解公 司2024年前三季度经营成果、财务状况，公司计划于2 ...

证券代码：603283 证券简称：赛腾股份 公告编号：2024-067 苏州赛腾精密电子股份有限公司 第四届监事会第二次会议决议公告 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。 1、 审议通过《关于公司 2024 年第三季度报告的议案》 表决结果：3人赞成， 0人反对， 0人弃权，本议案获得通过。 该 议 案 具 体 内 容 详 见 公 司 于 同 日 刊 登 在 上 海 证 券 交 易 所 网 站 （www.sse.com.cn）的公告。 特此公告。 苏州赛腾精密电子股份有限公司监事会 2024 年 10 月 30 日 一、 监事会会议召开情况 苏州赛腾精密电子股份有限公司(以下简称"公司")第四届监事会第二次会 议（以下简称"本次会议"）于 2024 年 10 月 30 日在公司会议室召开。本次会 议的通知于 2024 年 10 月 27 日通过电子邮件方式送达全体监事。本次会议应参 加监事 3 名，实际参加监事 3 名。本次会议的召集、召开方式符合《公司法》及 《苏州赛腾精密电子股份有限公司章程》的规定。 二、监事会 ...