证券代码：603986 证券简称：兆易创新 公告编号：2024-071 兆易创新科技集团股份有限公司 关于公司控股股东、实际控制人、董事长提议 公司回购股份的公告 三、 提议的内容 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。 兆易创新科技集团股份有限公司（以下简称"公司"）于 2024 年 8 月 21 日 收到公司控股股东、实际控制人、董事长朱一明先生《关于提议兆易创新科技 集团股份有限公司回购公司股份的函》，具体内容如下： 一、 提议人的基本情况及提议时间 1. 提议人：公司控股股东、实际控制人、董事长朱一明先生 2. 提议时间：2024 年 8 月 21 日 二、 提议人提议回购股份的原因和目的 朱一明先生基于对公司未来持续发展的信心和对公司长期价值的认可，为 了维护广大投资者利益，增强投资者对公司的投资信心，促进公司长远、稳定、 可持续发展，结合公司经营情况及财务状况等因素，提议公司通过集中竞价交 易方式进行股份回购，回购完毕后将依法进行注销并减少公司注册资本。 7. 回购期限：自股东会审议通过本次回购股份方案之日 ...

兆易创新：中报符合预告，行业复苏+份额提升助力业绩高增 兆易创新（603986.SH）/电子 证券研究报告/公司点评 2024 年 8 月 21 日 [Table_Industry] 分析师：王芳 执业证书编号：S0740521120002 Email：wangfang02@zts.com.cn 分析师：杨旭 执业证书编号：S0740521120001 Email：yangxu01@zts.com.cn [Table_Title] 评级：买入（维持） 市场价格：79.23 元/股 | --- | --- | |------------------|--------| | 总股本(百万股) | 666 | | 流通股本(百万股) | 665 | | 市价(元) | 79.23 | | 市值(百万元) | 52,757 | | 流通市值(百万元) | 52,667 | [股价与行业 Table_QuotePic] -市场走势对比 沪深300 兆易创新 -40% -20% 0% 20% 40% 23-6 23-9 23-12 24-3 24-6 公司持有该股票比例 相关报告 《兆易创新：Q1 业绩亮眼，持续关注 存 ...

Investment Rating - The report maintains a "Buy" rating for the company, indicating an expectation that the company's stock will outperform the benchmark index by more than 20% over the next 6-12 months [3][10]. Core Insights - The company's revenue for the first half of 2024 (24H1) increased significantly, driven by a recovery in demand in the consumer and networking markets, leading to stable growth in sales of storage chips [3][4]. - The company achieved a revenue of 3.609 billion RMB in 24H1, representing a year-on-year growth of 21.69%, and a net profit attributable to shareholders of 517 million RMB, up 53.88% year-on-year [4]. - The report highlights the company's strong position in the storage market, particularly in Flash and DRAM products, and its ongoing diversification efforts in product lines such as MCU and sensors [4]. Summary by Sections Financial Performance - In 24H1, the company reported a gross margin of 38.16%, an increase of 4.72 percentage points year-on-year, and a net profit margin of 14.33%, up 3 percentage points year-on-year [4]. - For the second quarter of 2024 (24Q2), the company achieved a revenue of 1.982 billion RMB, reflecting a year-on-year increase of 21.99% and a quarter-on-quarter increase of 21.78% [4]. - The net profit for 24Q2 was 312 million RMB, a year-on-year increase of 67.95% and a quarter-on-quarter increase of 52.46% [4]. Market Position and Product Development - The company is the second-largest SPI NOR Flash manufacturer globally, offering a wide range of products across various specifications and applications, including automotive electronics [4]. - The DRAM market is showing signs of recovery, with niche product prices rising due to supply constraints and increased demand from consumer electronics [4]. - The company has successfully launched multiple MCU products and is expanding its sensor product lines, including fingerprint recognition solutions for PCs [4]. Future Projections - The report forecasts revenues of 7.580 billion RMB, 9.204 billion RMB, and 10.829 billion RMB for the years 2024, 2025, and 2026, respectively, with corresponding net profits of 1.205 billion RMB, 1.862 billion RMB, and 2.085 billion RMB [5][4]. - The projected price-to-earnings ratios for 2024, 2025, and 2026 are 43.8, 28.3, and 25.3, respectively, indicating a favorable outlook for the company's valuation [5][4].

感谢大家参加本次会议会议即将开始请稍后 感谢大家参加本次会议会议即将开始请稍后 感谢大家参加本次会议各位投资者大家晚上好欢迎参加教育创新2024年中报投资者交流会目前所有参会者均处于静音状态下面开始播报免责声明 本次会议并服务于邀请参会的广大投资者会议音频及文字记录的内容仅供参会者内部使用不得公开发布照义创新未授权任何媒体转发本次会议相关内容未经允许和授权的转载转发均属侵权照义创新将保留追究其法律责任的权利照义创新不承担因转载转发而产生的任何损失和责任 市场有风险投资需谨慎提醒广大投资者谨慎做出投资决策在会议开始前我们提示各位投资者在主讲嘉宾发言结束后将留有提问时间下面有请公司主讲嘉宾发言谢谢各位投资人朋友和分析师朋友大家晚上好我是兆一创新董事会秘书李小燕 今天就已经发布的2024年半年报与公司的管理层跟大家一起做一个近况的交流我先介绍一下本次参加交流会的公司管理层那参加本次交流会的有公司副董事长总经理何卫总公司董事CEO胡鸿总公司副总经理李宝奎总公司财务总孙威静总接下来我来介绍一下近期的经营情况 2024年上半年公司持续保持以市占率为中心的经营策略持续进行研发投入和产品迭代不断丰富产品矩阵优化产品成本进一步 ...

兆易创新 20240820_原文 2024 年 08 月 20 日 23:28 发言人 00:00 The meeting is ready to start. Please remain on the line. 发言人 00:17 感谢大家参加本次会议。会议即将开始，请稍后。Thanks for your participation. The meeting is ready to start. Please remain on the line. 发言人 00:43 感谢大家参加本次会议。会议即将开始，请稍后。Thanks for your participation. The meeting is ready to start. Please remain on the line. 发言人 01:08 感谢大家参加本次会议。各位投资者，大家晚上好，欢迎参加教育创新 2024 年中报投资者交流会。目前 所有参会者均处于静音状态，下面开始播报。免责声明，本次会议仅服务于邀请参会的广大投资者，会议 音频及文字记录的内容仅供参会者内部使用，不得公开发布。教育创新未授权任何媒体转发本次会议相关 内容，未经允许和 ...

Investment Rating - The investment rating for the company is "Buy-A" [1][2] Core Views - The company is focusing on market share and continuously expanding and optimizing its product matrix, with a significant increase in revenue and net profit in the first half of 2024 [1][2] - The recovery in consumer and network communication markets has driven an increase in shipment volume and revenue, with a notable growth in the industrial and automotive sectors [1][2] - The company achieved a revenue of 3.609 billion yuan in the first half of 2024, representing a year-on-year increase of 21.69%, and a net profit of 517 million yuan, up 53.88% year-on-year [1][2] Financial Performance - In Q2 2024, the company reported revenue of 1.982 billion yuan, a year-on-year increase of 21.99% and a quarter-on-quarter increase of 21.78% [1] - The net profit for Q2 2024 was 312 million yuan, showing a year-on-year growth of 67.95% and a quarter-on-quarter growth of 52.46% [1] - The company’s revenue projections for 2024 to 2026 have been adjusted to 7.647 billion yuan, 9.926 billion yuan, and 11.776 billion yuan, with growth rates of 32.8%, 29.8%, and 18.6% respectively [2][4] Product Development - The company continues to enhance its product lines, particularly in storage and MCU (Microcontroller Unit) segments, with new low-power and high-performance products launched [1][3] - The company is the second-largest SPI NOR Flash provider globally, offering a wide range of capacity options and has established partnerships with leading automotive manufacturers for its automotive-grade products [1][3] - The introduction of new fingerprint recognition solutions for PC devices marks an expansion into the PC market, enhancing the company's product offerings [3] Market Outlook - The company is expected to benefit from the recovery in niche storage markets and the ongoing demand in consumer electronics, automotive electronics, and industrial applications [2][4] - The anticipated growth in revenue and profitability is supported by the company's continuous innovation and adaptation to market demands, particularly in the context of DRAM capacity adjustments by leading manufacturers [2][4]

Financial Performance - The company's operating revenue for the first half of 2024 reached approximately CNY 3.61 billion, representing a year-on-year increase of 21.69% compared to CNY 2.97 billion in the same period last year[19]. - Net profit attributable to shareholders of the listed company was approximately CNY 517 million, up 53.88% from CNY 336 million in the previous year[20]. - The basic earnings per share increased to CNY 0.78, reflecting a growth of 52.94% compared to CNY 0.51 in the same period last year[19]. - The net cash flow from operating activities was approximately CNY 1.25 billion, a significant increase of 93.73% from CNY 645 million in the previous year[20]. - The company's weighted average return on equity rose to 3.36%, an increase of 1.17 percentage points from 2.19% in the previous year[19]. - The total assets of the company at the end of the reporting period were approximately CNY 17.43 billion, up 5.92% from CNY 16.46 billion at the end of the previous year[20]. - The net assets attributable to shareholders of the listed company increased to approximately CNY 15.63 billion, reflecting a growth of 2.86% from CNY 15.20 billion at the end of the previous year[20]. - The company reported a significant increase in net profit after deducting non-recurring gains and losses, which reached approximately CNY 473 million, up 71.87% from CNY 275 million in the previous year[20]. Market and Product Development - The company continues to focus on market share and has increased its R&D investment, enhancing the competitiveness of multiple product lines[19]. - The demand recovery in the consumer and network communication markets has positively impacted the sales volume and revenue growth of the company's storage chips[19]. - The company is the world's leading fabless Flash supplier, with a significant market share in NOR Flash products, ranking second globally in Serial NOR Flash market share[35]. - The global market for NOR Flash is estimated to reach $2.69 billion in 2024, with a compound annual growth rate of 6% until 2029[34]. - The company is the number one supplier of 32-bit Arm® general-purpose MCUs in China, with a projected global MCU market growth of 5.3% annually from 2022 to 2028[35]. - The demand for DRAM products is expected to improve in 2024, driven by a recovery in consumer electronics and a reduction in supply of older products[34]. - The company has launched DDR4 and DDR3L products in the DRAM market, achieving good revenue in consumer electronics and industrial sectors[35]. - The company has successfully launched the first domestic 2Gb high-performance SPI NOR Flash product series, targeting IoT device code storage applications[38]. - The company’s DDR3L and DDR4 product shipments have increased, covering applications in network communication and TV, with a notable rise in the number of customers[46]. - The company has expanded its product applications to various sectors, including industrial, automotive, and consumer electronics, achieving broad market coverage[37]. - The company’s MCU product line has successfully mass-produced over 600 models across 51 series, covering high-performance, mainstream, entry-level, low-power, and automotive products[40]. - The company’s SPI NAND Flash products cover capacities from 1Gb to 8Gb, with full product coverage in consumer electronics, industrial, and automotive electronics[40]. - The company’s automotive-grade GD32 MCU series offers 10 models across 4 packaging options, catering to various automotive applications[41]. Research and Development - The company’s R&D expenses reached RMB 588.27 million, an increase of 23.25% compared to the previous year[58]. - The company is actively developing new products and technologies to meet the increasing demands in automotive and industrial applications[34]. - The company maintains a high level of R&D investment, accounting for approximately 17.65% of its revenue[53]. - The company has a total of 1,043 authorized patents, with 65 new patents granted in 2024, enhancing its technological leadership[45]. Cash Flow and Investment - Cash flow from operating activities exceeded net profit by 732 million yuan, mainly due to depreciation and amortization of approximately 223 million yuan[60]. - Cash flow from investment activities showed a net inflow of 1.8 billion yuan from net redemptions of financial products[60]. - The company reported a net increase in cash and cash equivalents of CNY 1,603,449,794.86 for the first half of 2024, compared to a decrease of CNY 285,728,223.97 in the same period of 2023[161]. - The total cash inflow from sales and services was CNY 2,402,717,965.23, significantly higher than CNY 1,389,806,004.15 in the first half of 2023, reflecting strong sales performance[163]. - The company paid CNY 678,612,882.02 for goods and services, a decrease from CNY 893,020,343.45 in the previous year, indicating improved cost management[163]. Shareholder and Corporate Governance - The company does not plan to distribute profits or increase capital reserves in the current reporting period[78]. - The company approved the release of 64,575 restricted shares, with the listing date set for February 5, 2024[80]. - A total of 1,196,026 stock options were approved for exercise, with 998,026 options for 239 incentive targets and 749,145 restricted shares for 250 incentive targets, with a listing date of May 6, 2024[80]. - The company has established a culture of energy conservation among employees, encouraging practices like turning off lights and minimizing water usage[88]. - The company is focused on maintaining compliance with regulations regarding shareholder rights and related transactions[94]. - The commitment to avoid related party transactions is strictly adhered to, ensuring fair and transparent dealings[94]. - The company guarantees that it will independently make financial decisions and will not share bank accounts with entities controlled by the controlling shareholder[95]. - The commitment from the controlling shareholder, Zhu Yiming, ensures that the management team of Zhaoyi Innovation will work exclusively for the company and not hold other positions in entities controlled by him[95]. Environmental and Social Responsibility - The company has established a carbon reduction target and aims to improve resource recycling rates while effectively managing waste[87]. - The company’s rooftop distributed photovoltaic project has a capacity of 267.3KW, generating 155,559 kWh of electricity and reducing CO2 emissions by approximately 88.72 tons from January 1 to June 30, 2024[86]. - The company achieved a 100% controlled disposal rate for solid waste and a 100% centralized recycling rate for electronic waste in the first half of 2024[87]. - The company is committed to promoting a green supply chain and ensuring compliance with environmental regulations such as RoHS and REACH[85]. - The company has implemented measures to optimize energy efficiency in its offices and promote paperless operations[86]. - The company saved approximately 3% of its total energy costs in the first half of 2024 through energy-saving measures[88]. - The commitment to corporate social responsibility is evident through its donations and community engagement initiatives[89]. Risks and Challenges - The company faces macroeconomic and industry volatility risks, emphasizing the need to enhance core technological and product competitiveness[72]. - The company has adopted a Fabless operation model, which presents supply chain risks related to the capacity of foundries and testing factories[73]. - The company has a high proportion of overseas sales, primarily settled in USD, exposing it to foreign exchange risks[73]. Compliance and Regulatory Matters - The company has not reported any significant changes in the status of major related transactions[109]. - The company has not disclosed any new major related transactions during the reporting period[110]. - The company has confirmed the integrity status of its controlling shareholders and actual controllers, with no significant debts unpaid[106]. - The company has not encountered any violations or penalties related to its directors, supervisors, or senior management[106].

为真实反映公司财务状况及资产价值，根据《企业会计准则》及公司会计政策、 会计估计的相关规定，公司结合实际经营情况及行业市场变化等因素，本着谨慎性 原则，对报告期末存在减值迹象的资产进行了减值测试并计提相应的减值准备金额， 具体情况如下： 证券代码：603986 证券简称：兆易创新 公告编号：2024-069 兆易创新科技集团股份有限公司 关于 2024 年第二季度计提资产减值准备的公告 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。 兆易创新科技集团股份有限公司（以下简称"公司"）于 2024 年 8 月 20 日召开 第四届董事会第二十二次会议，审议通过了《关于 2024 年第二季度计提资产减值准 备的议案》，该议案无需提交股东会审议。现将相关事项公告如下： 一、本次计提减值准备的情况概述 单位：元 | | 项目 | 本期计提金额 | | --- | --- | --- | | 信用减值损失 | 其他应收款减值损失 | 52,226.95 | | 资产减值损失 | 存货跌价损失 | 42,403,379.94 | | | 合 ...

证券代码：603986 证券简称：兆易创新 公告编号：2024-066 一、关于审议公司《2024 年半年度报告》及其摘要的议案 本议案已经公司董事会审计委员会审议通过，具体内容请详见同日刊登在《中 国证券报》及上海证券交易所网站（http://www.sse.com.cn）上的公司《2024年半年 度报告》及其摘要。 表决结果：9票同意、0票反对、0票弃权。 二、关于审议《2024 年半年度募集资金存放与实际使用情况专项报告》的议案 兆易创新科技集团股份有限公司 第四届董事会第二十二次会议决议公告 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。 兆易创新科技集团股份有限公司（以下简称"公司"）第四届董事会第二十二次 会议（以下简称"本次会议"）的会议通知及会议资料于 2024 年 8 月 9 日以电子邮 件方式发出，会议于 2024 年 8 月 20 日以现场结合通讯方式召开。本次会议由董事 长朱一明先生主持，会议应出席董事 9 名，实际出席董事 9 名；公司全体监事和全 体高级管理人员列席了本次会议。本次会议的召集和召开程 ...

兆易创新科技集团股份有限公司 关于 2024 年度"提质增效重回报"行动方案的 半年度评估报告 为践行"以投资者为本"的上市公司发展理念，维护兆易创新科技集团股份 有限公司（ 以下简称"兆易创新"或"公司"）全体股东利益，基于对公司未来 发展前景的信心、对企业价值的深刻认识以及对社会责任的认真履行，公司于 2024 年 4 月 20 日制定并发布了《2024 年度"提质增效重回报"行动方案》 以 下简称（"行动方案"），以进一步提高上市公司质量，保障投资者权益，促进公司 健康可持续发展。2024 年上半年，公司积极落实行动方案各项举措，现将报告期 内主要开展工作及成效报告如下： 一、聚焦主营业务，提升经营质量、提质增效 一）聚焦主营业务，经营业绩大幅提升 2024 年上半年，公司持续聚焦主营业务，在存储器、微控制器 MCU）及 传感器产品上以研发创新不断丰富产品矩阵，以产品质量和客户认可作为抓手保 障业务稳健发展。 得益于公司持续进行研发投入和产品迭代，不断丰富产品矩阵，优化产品成 本，以及继续保持以市占率为中心的经营策略，各产品线竞争力进一步提升。 Flash 产品继续在消费、网通等市场领域实现增长，带动整 ...