Investment Rating - The report maintains a "Strong Buy" rating for the company, predicting a relative increase of over 20% compared to the benchmark index in the next 12 months [6]. Core Insights - The company has shown significant revenue and profit growth in Q2 2024, with a revenue of 5.0 billion yuan, a year-on-year increase of 30.4%, and a net profit of 1.2 billion yuan, up 42.3% year-on-year [1][2]. - The gross margin has improved to 36.5% in Q2 2024, reflecting a 6.9 percentage points increase year-on-year [1]. - The demand from downstream markets is gradually recovering, leading to accelerated inventory digestion and some products experiencing supply shortages [1]. - The company is actively responding to customer needs by introducing mid-to-high-end products in emerging application scenarios such as new energy vehicles, energy storage, and data centers, which is expected to further optimize the product structure [1][2]. Financial Performance - For the first half of 2024, the company achieved a revenue of 870 million yuan, a year-on-year increase of 15.2%, and a net profit of 220 million yuan, up 47.5% year-on-year [1]. - The revenue forecast for the company is projected to be 19.2 billion yuan in 2024, 24.0 billion yuan in 2025, and 30.3 billion yuan in 2026, with year-on-year growth rates of 30.03%, 25.00%, and 26.29% respectively [2][3]. - The net profit is expected to reach 4.5 billion yuan in 2024, 5.4 billion yuan in 2025, and 7.0 billion yuan in 2026, with year-on-year growth rates of 39.22%, 19.66%, and 30.05% respectively [2][3]. Product and Market Dynamics - The SGT-MOSFET product line is experiencing high demand, with revenue growth of 40.3% year-on-year, accounting for 41.4% of total revenue [1]. - The company has made significant progress in automotive electronics, with a partnership with BYD expected to enhance product supply by over 50% in the first half of 2024 [1]. - The AI computing server applications are also seeing substantial growth, with multiple products from the SGT series being utilized, indicating a strong sales outlook for the second half of the year [1].

Financial Performance - The company achieved operating revenue of CNY 873,489,034.82 for the first half of 2024, representing a 15.16% increase compared to the same period last year[17]. - Net profit attributable to shareholders reached CNY 217,648,539.88, marking a 47.45% increase year-over-year[17]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 214,135,001.84, up 55.21% from the previous year[17]. - The company reported a net cash flow from operating activities of CNY 92,836,752.29, a decrease of 37.21% compared to the same period last year[17]. - As of the end of the reporting period, net assets attributable to shareholders were CNY 3,758,200,800.38, reflecting a 3.17% increase from the end of the previous year[17]. - Total assets amounted to CNY 4,262,293,763.53, showing a decrease of 1.78% compared to the previous year[17]. - Basic earnings per share for the first half of 2024 were CNY 0.52, an increase of 44.44% year-over-year[18]. - The company reported a weighted average return on equity of 5.85%, up 1.56 percentage points from the previous year[18]. - In Q2 2024, the company achieved operating revenue of CNY 501,806,575.28, a quarter-over-quarter increase of 35.01%[19]. - Net profit attributable to shareholders in Q2 2024 was CNY 117,582,102.62, reflecting a 17.50% increase from Q1 2024[19]. Dividend Distribution - The company plans to distribute a cash dividend of 0.53 RMB per 10 shares, totaling approximately 21.96 million RMB to shareholders[4]. - The company has not proposed any capital reserve increase or stock distribution in the current profit distribution plan[95]. - The company will adjust the distribution amount per share if there are changes in total share capital before the equity distribution date[95]. Corporate Governance - The board of directors confirmed that all members attended the meeting, ensuring the report's accuracy and completeness[3]. - The financial report has been signed and stamped by the responsible persons, ensuring its authenticity[9]. - The report is unaudited, indicating that the financial figures may be subject to change upon final audit[3]. - The company has appointed new directors, Zhu Jiutao and Yang Zhuo, following the resignation of two board members, ensuring continuity in governance[94]. - The company has experienced a change in management, with Ye Peng appointed as the new General Manager and Li Zongqing as the new Deputy General Manager[94]. Risk Management - The report includes a detailed description of potential risk factors faced by the company[6]. - The company emphasizes the importance of investment risk awareness regarding forward-looking statements in the report[5]. - The company faces market volatility risks that could impact demand and pricing in the semiconductor power device industry, closely tied to macroeconomic conditions[87]. Research and Development - The company invested 40.47 million yuan in R&D in the first half of 2024, accounting for 4.63% of its operating revenue[50]. - The company has developed over 3,000 product models in power semiconductor devices, covering a voltage range from 12V to 1700V, with applications in over ten key sectors including new energy vehicles and AI computing servers[22]. - The company has established a complete technical team with extensive experience in IGBT module product development and quality management[62]. - The company is actively expanding into emerging markets such as AI servers and low-altitude economy applications, with significant growth in demand for its products in these sectors[49]. Market Trends - The global power semiconductor market is projected to grow from USD 50.3 billion in 2023 to USD 59.6 billion by 2027, with China expected to reach a market size of USD 20.6 billion in 2024, accounting for approximately 38% of the global market[26]. - The demand for automotive chips is expected to increase, with electric vehicles requiring approximately 1,600 chips per vehicle compared to 600-700 for traditional fuel vehicles[29]. - The global AI server market size is projected to grow from $21.1 billion in 2023 to $34.7 billion by 2026, with a CAGR of 17.3%[31]. Environmental Compliance - The company has implemented measures to reduce carbon emissions, contributing to global "carbon neutrality" and "carbon peak" goals through products used in photovoltaic, energy storage, and new energy vehicle sectors[100]. - The company has not faced any administrative penalties for environmental issues during the reporting period, adhering to various environmental protection laws[98]. - Wastewater generated during production is treated to meet the standards of GB8978-1996 and GB/T31962-2015, ensuring minimal impact on the surrounding water environment[98]. - The company has established strict measures for air pollution control, ensuring compliance with the secondary standards of GB16297-1996[98]. Shareholder Information - The total number of common shareholders as of the end of the reporting period is 65,292[132]. - The top shareholder, Zhu Yuanzheng, holds 90,723,226 shares, representing 21.84% of the total shares[132]. - Zhu Yuanzheng, the chairman, increased his holdings by 25,920,922 shares during the reporting period[136]. Financial Position - The total liabilities decreased to RMB 417,398,261.71 from RMB 608,777,027.02, representing a reduction of about 31.36%[142]. - The cash and cash equivalents decreased to RMB 1,980,439,907.42 from RMB 2,668,018,647.65, a decline of approximately 25.8%[140]. - The company's equity attributable to shareholders increased to RMB 3,758,200,800.38 from RMB 3,642,558,105.24, reflecting an increase of about 3.18%[142]. Investment Activities - The company has invested a total of 10 million yuan in the Wuxi Linchang Venture Capital Partnership, focusing on projects in the semiconductor industry chain, including new materials and testing equipment[115]. - The company has ongoing projects in the development and industrialization of third-generation semiconductor devices, with total investments of 4,146.51 RMB in the current year[79]. Compliance and Legal Matters - The company has not reported any major litigation or arbitration matters during the reporting period[114]. - There are no significant changes in the integrity status of the company and its controlling shareholders during the reporting period[114]. - The company has not disclosed any major related party transactions that have not been previously announced[116].

无锡新洁能股份有限公司 章 程 | | | | 第一章 总 则 - 3 - | | --- | | 第二章 经营宗旨和范围 - 4 - | | 第三章 股 份 - 4 - | | 第一节 股份发行 - 4 - | | 第二节 股份增减和回购 - 5 - | | 第三节 股份转让 - 6 - | | 第四章 股东和股东大会 - 7 - | | 第一节 股 东 - 7 - | | 第二节 股东大会 - 9 - | | 第三节股东大会的召集 - 13 - | | 第四节股东大会的提案与通知 - 14 - | | 第五节股东大会的召开 - 16 - | | 第六节 股东大会表决和决议 - 19 - | | 第五章 董事会 - 24 - | | 第一节 董事 - 24 - | | 第二节 董事会 - 27 - | | 第六章 经理及其他高级管理人员 - 32 - | | 第七章 监事会 - 34 - | | 第一节 监事 - 34 - | | 第二节 监事会 - 34 - | | 第八章 财务会计制度、利润分配和审计 - 36 - | | 第一节 财务会计制度 - 36 - | | 第二节 内部审计 - 39 - | ...

证券代码：605111 证券简称：新洁能 公告编号：2024-044 无锡新洁能股份有限公司 关于召开 2024 年第一次临时股东大会的通知 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： 股东大会召开日期：2024年8月28日 本次股东大会采用的网络投票系统：上海证券交易所股东大会网络投票 系统 一、 召开会议的基本情况 （一） 股东大会类型和届次 2024 年第一次临时股东大会 （二） 股东大会召集人：董事会 （四） 现场会议召开的日期、时间和地点 召开的日期时间：2024 年 8 月 28 日 10 点 00 分 召开地点：江苏省无锡市新吴区电腾路 6 号新洁能公司会议室 （五） 网络投票的系统、起止日期和投票时间。 网络投票系统：上海证券交易所股东大会网络投票系统 网络投票起止时间：自 2024 年 8 月 28 日至 2024 年 8 月 28 日 （三） 投票方式：本次股东大会所采用的表决方式是现场投票和网络投票 相结合的方式 采用上海证券交易所网络投票系统，通过交易系统投票平台的投票时间为股 东大 ...

证券代码：605111 证券简称：新洁能 公告编号：2024-041 无锡新洁能股份有限公司 2024 年半年度利润分配预案的公告 本次利润分配预案尚需公司股东大会审议通过后方可实施。 一、利润分配预案内容 根据公司 2024 年半年度财务报告（未经审计），公司 2024 年 1-6 月实现归 属于上市公司普通股股东的净利润为 217,648,539.88 元；截至 2024 年 6 月 30 日， 母公司报表期末可供分配的利润为 1,413,555,100.42 元。经公司第四届董事会第 十七次会议和第四届监事会第十五次会议审议通过，公司 2024 年半年度拟以实 施权益分派股权登记日登记的总股本（扣除回购专户中的股份数量）为基数分配 利润。本次利润分配预案如下： 公司拟向全体股东每 10 股派发现金红利 0.53 元（含税）。截至 2024 年 8 月 12 日，公司总股本为 415,332,567 股，以扣除回购专户中的股份数量 1,053,580 股后的股本数 414,278,987 股为基数，以此计算派发现金 21,956,786.31 元（含税）， 重要内容提示： 每股分配比例：每 10 股派发现 ...

证券代码：605111 证券简称：新洁能 公告编号：2024-039 无锡新洁能股份有限公司 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： 投资种类：安全性高、流动性好、单项产品投资期限最长不超过 12 个月 的投资产品 投资金额：不超过 115,000 万元人民币，可循环滚动使用 已履行的审议程序：无锡新洁能股份有限公司（以下简称"公司"）于 2024 年 8 月 12 日召开的第四届董事会第十七次会议和第四届监事会第十五次会议审 议通过了《关于使用暂时闲置的募集资金进行现金管理的议案》。同意公司拟使 用最高额度不超过 115,000 万元人民币的暂时闲置的非公开发行募集资金进行现 金管理，该 115,000 万元额度可由公司滚动使用，自本次董事会审议通过之日起 一年内有效，并授权公司管理层具体实施相关事宜。保荐机构广发证券股份有限 公司（以下简称"广发证券"）对本事项出具了同意的核查意见。本事项无须提交 公司股东大会审议。 特别风险提示：公司本次使用闲置募集资金进行现金管理所投资的产品 为风险较低的投资产 ...

证券代码：605111 证券简称：新洁能 公告编号：2024-037 无锡新洁能股份有限公司 第四届监事会第十五次会议决议公告 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 无锡新洁能股份有限公司（以下简称"公司"）第四届监事会第十五次会议通 知于 2024 年 8 月 2 日以邮件或通讯的形式发出，会议于 2024 年 8 月 12 日以通 讯方式召开。本次会议由监事会主席陈玲莉主持，应参加会议监事 3 人，实际参 加会议监事 3 人。本次监事会的召集、召开程序符合《中华人民共和国公司法》 和《无锡新洁能股份有限公司章程》的有关规定，会议形成的决议合法有效。 二、监事会会议审议情况 1、审议通过《公司 2024 年半年度报告及摘要的议案》 监事会认为：（1）公司 2024 年半年度报告及摘要的编制和审议程序符合法 律、法规、公司章程和公司内部管理制度的各项规定；（2）公司 2024 年半年度 报告及摘要的内容和格式符合中国证券监督管理委员会和证券交易所的各项规 定，所包含的信息从各个方面真实地反映出 ...

证券代码：605111 证券简称：新洁能 公告编号：2024-042 无锡新洁能股份有限公司 关于变更公司注册资本以及修订公司章程的公告 1 二、审议情况 公司于 2024 年 8 月 12 日召开第四届董事会第十七次会议审议通过变更公司 注册资本以及修订公司章程事宜。新的《公司章程》将经 2024 年第一次临时股 东大会审议通过后，正式生效实施。 公司于 2024 年 3 月 27 日召开第四届董事会第十五次会议和第四届监事会第 十三次会议，审议《关于 2023 年度利润分配预案的议案》，以实施权益分派股 权登记日登记的总股本扣减公司回购专用证券账户中股份为基数，向全体股东 每 10 股派发现金红利 2.17 元（含税），拟以资本公积向全体股东每 10 股转增 4 股。本次权益分派前，公司总股本为 296,960,313 股，扣除回购专用账户的股份 1,029,680 股，本次实际参与分配的股份数为 295,930,633 股，本次转增数量为 118,372,254 股，转增后公司的总股本增加至 415,332,567 股，注册资本和章程相 关内容将向工商登记机关申请同步变更。 根据上述公司变更事项，以及《 ...

广发证券股份有限公司关于无锡新洁能股份有限公司 部分募集资金投资项目延期的核查意见 根据《证券发行上市保荐业务管理办法》《上海证券交易所上市公司自律监 管指引第 11 号——持续督导》《上市公司监管指引第 2 号——上市公司募集资 金管理和使用的监管要求》《上海证券交易所上市公司自律监管指引第 1 号—— 规范运作》等相关法律、法规的要求，广发证券股份有限公司（以下简称"广发 证券"、"保荐机构"）作为无锡新洁能股份有限公司（以下简称"新洁能"、"公司"） 非公开发行股票的保荐机构，对公司本次部分募集资金投资项目延期情况进行了 核查，具体情况如下： 一、保荐机构进行的核查工作 保荐代表人通过访谈新洁能有关董事、高级管理人员，查阅相关信息披露文 件、董事会决议、监事会决议等文件，对新洁能本次募集资金投资项目"第三代 半导体 SiC/GaN 功率器件及封测的研发及产业化"项目延期进行了核查。 二、本次募集资金情况 经中国证券监督管理委员会《关于核准无锡新洁能股份有限公司非公开发行 股票的批复》（证监许可[2022]957 号），核准公司向特定对象发行股票的注册 申请，因公司实施 2021 年年度权益分派，发行数量 ...

广发证券股份有限公司关于无锡新洁能股份有限公司 使用部分闲置募集资金进行现金管理的核查意见 根据《证券发行上市保荐业务管理办法》《上海证券交易所上市公司自律监 管指引第 11 号——持续督导》《上市公司监管指引第 2 号——上市公司募集资 金管理和使用的监管要求》《上海证券交易所上市公司自律监管指引第 1 号—— 规范运作》等相关法律、法规的要求，广发证券股份有限公司（以下简称"广发 证券"、"保荐机构"）作为无锡新洁能股份有限公司（以下简称"新洁能"、"公司"） 非公开发行股票的保荐机构，对公司使用部分闲置募集资金进行现金管理的事项 进行了核查，具体情况如下： 一、保荐机构进行的核查工作 保荐代表人通过访谈新洁能有关董事、高级管理人员，查阅相关信息披露文 件、董事会决议、监事会决议等文件，对新洁能本次使用部分闲置募集资金进行 现金管理进行了核查。 1、现金管理目的 在保证公司非公开发行募投项目所需资金和保证募集资金安全的前提下，提 高暂时闲置的募集资金的使用效率，合理利用闲置的募集资金，增加公司收益， 为公司和股东谋取较好的投资回报。 2、现金管理额度 二、本次募集资金基本情况 经中国证券监督管理委员会（以 ...