Summary of Conference Call Records Company Overview - The conference call discusses the financial performance of Longqi Technology for Q3 2024, reporting a total revenue of 34.921 billion yuan, a year-on-year increase of 101% [1] - Net profit attributable to shareholders was 431 million yuan, a decrease of 15% year-on-year [1] - The third subsidiary reported revenue of 12.64 billion yuan, a year-on-year increase of 93%, with net profit of 92 million yuan, down 47% [1] - Operating cash flow for the third subsidiary was 920 million yuan, with a collection period of 19 days, indicating improved operational efficiency [1] Key Points and Arguments Revenue and Profitability - The overall revenue growth is attributed to a strong performance in the smartphone sector, which generated 27.9 billion yuan, up 90% year-on-year [2] - The company is facing challenges with raw material prices affecting profit margins, particularly in certain AIT projects [1][2] - Despite the revenue growth, the gross margin has declined due to increased costs and investments in new business areas such as automotive electronics and XR [1][2] Strategic Measures - The company is implementing several measures to mitigate the impact of rising raw material costs, including price negotiations with clients and enhancing supply chain management [2] - Manufacturing efficiency is being improved through precision production techniques, with expectations for gross margin recovery in Q4 [2][8] Business Segments - The smartphone business remains a stronghold, while the AIoT segment has also shown significant growth, with revenue from AIoT products increasing substantially [2][3] - The DLT segment reported a remarkable revenue increase of 135% year-on-year, driven by smart wearable devices [2][3] - The company is actively expanding into ARGC and automotive electronics, with strategic partnerships established for new product development [3][4] Global Expansion - Longqi Technology is focusing on global expansion, particularly in high-value markets such as Europe, the US, Japan, and South Korea [9][10] - Manufacturing capabilities are being enhanced in Vietnam and India to meet local demand and reduce supply chain risks [10][11] Future Outlook - The company anticipates a gradual improvement in gross margins, with expectations for a return to more normalized levels by 2025 [8][36] - Longqi Technology is committed to long-term investments in R&D, particularly in emerging fields like AI and automotive electronics, despite short-term financial impacts [19][32] Financial Management - Approximately 30% of the company's revenue and procurement are in USD, which helps balance currency exposure [17] - The company is actively managing foreign exchange risks to minimize impacts on financial performance [17] R&D Investments - R&D expenses have increased significantly, reflecting ongoing investments in new technologies and product lines [18][19] - The company plans to maintain a high level of R&D spending to support long-term growth, particularly in new business areas [19] Additional Important Information - The company is exploring opportunities in the semiconductor sector through strategic investments in related funds [22] - There is a focus on maintaining a balanced approach to short-term investments and long-term growth strategies, particularly in competitive markets like automotive electronics and AIoT [29][32] This summary encapsulates the key points discussed during the conference call, highlighting the company's financial performance, strategic initiatives, and future outlook.

Financial Performance - The company's revenue for Q3 2024 reached ¥12,639,888,272.64, representing a 92.97% increase compared to the same period last year[3]. - Net profit attributable to shareholders decreased by 46.66% to ¥92,222,865.95 in Q3 2024, while the year-to-date net profit was ¥430,855,461.28, down 15.03% year-on-year[3]. - The basic earnings per share for Q3 2024 was ¥0.19, a decline of 55.81% compared to the same period last year[3]. - In the first three quarters of 2024, the company achieved a revenue of 34.921 billion RMB, a year-on-year increase of 101.28%[9]. - The net profit attributable to shareholders for the same period was 431 million RMB, a year-on-year decrease of 15.03%[9]. - The net profit for Q3 2024 is approximately ¥425.43 million, a decrease of 16% compared to ¥505.86 million in Q3 2023[17]. - The total comprehensive income for Q3 2024 is approximately ¥434.01 million, down from ¥498.23 million in Q3 2023, reflecting a decline of about 12.9%[17]. - The basic and diluted earnings per share for Q3 2024 are both ¥0.95, compared to ¥1.25 in Q3 2023, indicating a decrease of 24%[17]. Assets and Liabilities - Total assets at the end of Q3 2024 amounted to ¥26,288,176,643.99, reflecting a 32.51% increase from the end of the previous year[3]. - The equity attributable to shareholders increased by 44.54% to ¥5,529,143,048.81 at the end of Q3 2024[3]. - Non-current assets totaled ¥4,020,842,270.31, an increase from ¥3,853,119,196.32 in the previous year, representing a growth of 4.3%[14]. - Total liabilities increased to ¥20,764,322,067.76 in 2024, compared to ¥16,013,502,810.51 in 2023, reflecting a rise of 29.1%[14]. - The company's total assets reached ¥26,288,176,643.99, up from ¥19,838,899,555.68 in 2023, showing an increase of 32.3%[14]. - Short-term borrowings rose significantly to ¥1,338,341,035.62, compared to ¥692,694,656.92 in the previous year, an increase of 93.2%[14]. - The equity attributable to shareholders increased to ¥5,529,143,048.81, up from ¥3,825,257,838.74 in 2023, a growth of 44.6%[14]. Cash Flow and Investments - The company reported a net cash flow from operating activities of ¥919,586,950.00 year-to-date, a decrease of 7.96% compared to the same period last year[3]. - Cash flow from operating activities for the first nine months of 2024 is approximately ¥919.59 million, slightly down from ¥999.13 million in the same period of 2023[19]. - Cash inflow from operating activities for the first nine months of 2024 totals approximately ¥38.27 billion, a significant increase from ¥20.19 billion in the same period of 2023[19]. - Cash outflow from investing activities for the first nine months of 2024 is approximately ¥7.63 billion, compared to ¥535.86 million in the same period of 2023, indicating a substantial increase in investment expenditures[20]. - The net cash flow from financing activities for the first nine months of 2024 is approximately ¥1.61 billion, up from ¥980.21 million in the same period of 2023[20]. - The company reported a significant increase in cash received from sales, totaling approximately ¥37.87 billion for the first nine months of 2024, compared to ¥19.08 billion in the same period of 2023[19]. - The company has made substantial investments in fixed assets, with cash payments for the acquisition of fixed assets amounting to approximately ¥503.29 million in Q3 2024, compared to ¥474.30 million in Q3 2023[20]. Business Segments and Growth - The company attributed the significant increase in revenue to sustained growth across various business segments[5]. - The decline in net profit was primarily due to rising raw material costs and increased investment in new business areas[5]. - The smartphone business generated 9.844 billion RMB in Q3 2024, reflecting a year-on-year growth of 96.57%[10]. - The AIoT product segment achieved a revenue of 1.551 billion RMB in Q3 2024, marking a year-on-year increase of 109.80%[10]. - The company is actively expanding into the automotive electronics sector, securing projects with major manufacturers like Xiaomi and NIO[10]. - The gross profit margin is expected to gradually improve in Q4 2024 due to enhanced supply chain management and production efficiency[9]. - The company has successfully launched its first AI PC projects based on Qualcomm Snapdragon platforms, contributing to its expansion in AI applications[10]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 28,204[6]. - Research and development expenses increased to ¥1,472,924,271.40 in 2024, compared to ¥1,160,401,003.33 in 2023, marking a rise of 27%[16].

上海龙旗科技股份有限公司 关于召开 2024 年第三季度业绩说明会的公告 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。 证券代码：603341 证券简称：龙旗科技 公告编号：2024-040 重要内容提示： （网址：https://roadshow.sseinfo.com/） 会议召开方式：上证路演中心视频直播和网络互动 投资者可于 2024 年 10 月 25 日(星期五) 至 10 月 31 日(星期四)16:00 前登录上证路演中心网站首页点击"提问预征集"栏目或通过上海龙旗科技股份 有限公司（以下简称"公司"）邮箱 ir@longcheer.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。 公司将于 2024 年 10 月 30 日发布公司 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 年第三季度经营成果、财务状况，公司计划于 2024 年 11 月 1 日上午 10:00-11:00 举行 2024 年第三季度业绩说明会，就投资者 关心的问题进行交流。 一、 说明会 ...

证券代码：603341 证券简称：龙旗科技 公告编号：2024-041 上海龙旗科技股份有限公司 关于受让投资基金份额暨与专业投资机构共同投资的公告 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： 投资标的名称：华海金浦创业投资（济南）合伙企业（有限合伙）（以下 简称"华海金浦基金"或"合伙企业"） 投资金额：上海龙旗科技股份有限公司（以下简称"公司"）以自有资金 受让上海芯鑫企业管理合伙企业（有限合伙）（以下简称"上海芯鑫"）所持有 的华海金浦基金认缴出资人民币 600 万元，其中已完成实缴出资人民币 300 万 元，上述标的份额的转让价款为 300 万元。同时，公司与华海金浦基金的执行事 务合伙人签署了《华海金浦创业投资（济南）合伙企业（有限合伙）入伙协议》， 公司以自有资金向华海金浦基金新增认缴出资人民币 1,400 万元。本次交易完成 后，公司成为华海金浦基金的有限合伙人，合计持有华海金浦基金认缴出资人民 币 2,000 万元。公司将根据合伙协议的约定以自有资金完成认缴出资的实缴。 相关风险提示：由于投 ...

德恒上海律师事务所 关于上海龙旗科技股份有限公司 2024 年第二次临时股东大会 之 见证法律意见书 上海市虹口区东大名路 501 号上海白玉兰广场办公楼 23 楼 电话：021-55989888 传真：021-55989898 德恒上海律师事务所 关于上海龙旗科技股份有限公司 2024 年第二次临时股东大会之见证法律意见书 德恒上海律师事务所 关于上海龙旗科技股份有限公司 2024 年第二次临时股东大会之 见证法律意见书 德恒 02G20240072-00003 号 致：上海龙旗科技股份有限公司 德恒上海律师事务所（以下简称"本所"）接受上海龙旗科技股份有限公司 （以下简称"公司"）委托，指派刘璐律师、王金波律师（以下合称"本所承办 律师"）出席公司于2024年10月14日下午14点00分在上海市徐汇区漕宝路401号1 号楼公司会议室召开的2024年第二次临时股东大会（以下简称"本次股东大 会"），就本次股东大会召开的召集和召开程序、召集人及出席会议人员的资格、 会议议案、表决方式和表决程序、表决结果和会议决议等进行见证并出具本法律 意见书。 本所承办律师依据本法律意见书出具日前已经发生或存在的事实和《中华 ...

证券代码：603341 证券简称：龙旗科技 公告编号：2024-039 上海龙旗科技股份有限公司 2024 年第二次临时股东大会决议公告 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。 重要内容提示： 本次会议是否有否决议案：无 一、 会议召开和出席情况 | 1、出席会议的股东和代理人人数 | 326 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 303,939,580 | | 3、出席会议的股东所持有表决权股份数占公司有表决权股 份总数的比例（%） | 65.3498 | | 股东类型 | 同意 | | 反对 | | 弃权 | | | --- | --- | --- | --- | --- | --- | --- | | | 票数 | 比例 | 票数 | 比例 | 票数 | 比例 | | | | （%） | | （%） | | （%） | | A 股 | 233,716,139 | 99.9542 | 82,198 | 0.0352 | 25,000 | 0.0107 | 2、 议案 ...

Group 1: Automotive Electronics Business - The company's automotive electronics business is primarily focused on the smart cockpit sector, which aligns well with its capabilities and advantages [3] - Products include domain controllers, central control screens, armrest screens, and in-car wireless charging, with chassis domain products currently under development [3] - The company has established an automotive electronics production line in Huizhou and has received project confirmations from Xiaomi and Jianghuai [3] Group 2: Smartphone Market Outlook - According to IDC, global smartphone sales increased by 6.5% year-on-year in Q2 2024, reaching 285 million units [4] - The global smartphone shipment is expected to grow by 4.0% year-on-year in 2024, reaching 1.21 billion units [4] - The company views the overall smartphone market as slowly recovering and is optimistic about future market prospects [4] Group 3: Future Business Strategy - The core of the company's future strategy is to focus on quality growth, which includes three dimensions: targeting major clients, expanding product categories, and enhancing organizational capabilities [4] - The company aims to provide comprehensive cross-regional solutions to major clients, particularly in the U.S. and Europe [4] - There is a commitment to improving organizational processes and talent mechanisms to support quality growth [4] Group 4: ESG Initiatives - The company places significant emphasis on ESG initiatives and has received an AA rating from Wind, ranking second among 132 companies in the industry [4] - Efforts include optimizing product design to reduce resource consumption and waste, using more renewable materials, and increasing product recyclability [4] - The company is also utilizing distributed photovoltaic clean energy to reduce greenhouse gas emissions and is committed to achieving carbon neutrality [4] Group 5: R&D Capabilities - The company possesses comprehensive R&D capabilities across various product categories, including smart office, smart travel, health, and smart home [5] - It offers solutions for a wide range of intelligent products, including smartphones, tablets, smartwatches, AI PCs, automotive electronics, TWS earphones, and XR products [5] - The company is actively following global AI technology trends to enhance user experience and empower terminal products [5]

上海龙旗科技股份有限公司 2024 年第二次临时股东大会会议资料 上海龙旗科技股份有限公司 2024 年第二次临时股东大会 会议资料 二〇二四年十月 上海龙旗科技股份有限公司 2024 年第二次临时股东大会会议资料 上海龙旗科技股份有限公司 2024 年第二次临时股东大会会议须知 为了维护全体股东的合法权益，确保上海龙旗科技股份有限公司（以下简称 "本公司"、"公司"）股东大会的正常秩序和议事效率，保证大会的顺利进行， 依据中国证券监督管理委员会《上市公司股东大会规则》等有关规定，制订以下 会议须知，请出席股东大会的全体人员遵照执行。 一、董事会在股东大会的召开过程中，应当以维护股东的合法权益、保证大 会的正常秩序和议事效率为原则，认真履行法定义务，自觉遵守大会纪律，不得 侵犯其他股东的权益，以确保股东大会的正常秩序。 二、参加公司 2024 年第二次临时股东大会的股东依法享有发言权、表决权 等各项权利，股东在会上发言，应围绕本次会议审议的议案，简明扼要，每位股 东发言一般不得超过五分钟，主持人可指定董事、高级管理人员等回答股东问题， 与本次股东大会议题无关或将泄露公司商业秘密或可能损害公司、股东共同利益 的 ...

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： ● 是否需要提交股东大会审议：是； ● 日常关联交易对上市公司的影响：本次增加日常关联交易预计额度事 项为上海龙旗科技股份有限公司（以下简称"公司"）日常经营需要，不存在损 害公司、非关联方股东和中小股东利益的情形，不影响公司独立性。 一、日常关联交易基本情况 （一）日常关联交易履行的审议程序 证券代码：603341 证券简称：龙旗科技 公告编号：2024-036 上海龙旗科技股份有限公司 关于增加 2024 年度日常关联交易预计额度的公告 1、公司分别于 2024 年 4 月 25 日、5 月 20 日召开第三届董事会第十二次会 议、第三届监事会第十次会议及 2023 年年度股东大会，审议通过了《关于确认 公司 2023 年度日常关联交易执行情况及 2024 年度日常关联交易预计的议案》。 2、2024 年 9 月 20 日，公司召开第三届董事会独立董事专门会议第二次会 议审议通过了《关于增加 2024 年度日常关联交易预计额度的议案》。独立董事 认为，公司增加 ...

证券代码：603341 证券简称：龙旗科技 公告编号：2024-037 上海龙旗科技股份有限公司 关于购买董监高责任险的公告 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。 3、赔偿限额：不超过人民币 5,000 万元（具体以最终签订的保险合同为 准） 4、保险费用：不超过人民币 25 万元/年（具体以最终签订的保险合同为 准） 5、保险期限：12 个月（后续每年可续保或重新投保） 二、相关授权事宜 为顺利推进上述事项实施，提高决策效率，公司董事会拟提请股东大会在上 述额度内授权公司管理层办理责任险投保相关事宜（包括但不限于确定相关个人 主体；确定保险公司；如市场发生变化，则根据市场情况确定责任限额、保险费 总额及其他保险条款；选择及聘任保险经纪公司或其他中介机构；签署相关法律 文件及处理与投保、理赔相关的其他事项等），以及今后保险合同期满时或之前 办理续保或重新投保等事宜。 特此公告。 上海龙旗科技股份有限公司（以下简称"公司"）于 2024 年 9 月 26 日召开 第三届董事会第十四次会议及第三届监事会第十二次会议，审议 ...