证券代码：688041 证券简称：海光信息 公告编号：2025-008 海光信息技术股份有限公司 第二届监事会第八次会议决议公告 本公司董事会及全体董事保证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、准确性和完整性依法承担个别及连带责任。 一、 监事会会议召开情况 海光信息技术股份有限公司（以下简称"公司"）第二届监事会第八次会议 的会议通知于 2025 年 2 月 18 日以电子邮件的方式发出，会议于 2025 年 2 月 28 日以现场结合通讯方式召开。会议应出席监事 3 人，实际出席监事 3 人，会议由 监事会主席周耘先生主持。本次会议的召集、召开符合《公司法》和《公司章程》 的规定，会议决议合法有效。 二、 监事会会议审议情况 本次会议经投票表决方式，通过决议如下： （一）审议通过《关于公司<2024 年年度报告>全文及其摘要的议案》 表决结果：3 票同意，0 票反对，0 票弃权，本议案尚需提交股东大会审议。 监事会认为：公司《2024 年年度报告》及摘要的编制符合相关法律法规及 《公司章程》的有关规定，报告真实、准确、完整地反映了公司的财务状况和经 营情况，不存在虚假记 ...

Financial Performance - The company's operating revenue for 2024 reached ¥9,162,148,135.92, representing a 52.40% increase compared to ¥6,011,998,991.03 in 2023[22]. - The net profit attributable to shareholders of the listed company was ¥1,930,990,510.51, up 52.87% from ¥1,263,178,600.37 in the previous year[22]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥1,815,777,649.92, reflecting a 59.79% increase from ¥1,136,358,033.60 in 2023[22]. - The net cash flow from operating activities was ¥977,081,091.31, a 20.08% increase from ¥813,705,258.76 in the previous year[22]. - The net assets attributable to shareholders of the listed company increased by 8.26% to CNY 20,250,959,179.95 at the end of 2024 compared to CNY 18,705,083,962.67 at the end of 2023[23]. - Total assets grew by 24.70% to CNY 28,559,492,036.59 at the end of 2024 from CNY 22,902,547,952.79 at the end of 2023[23]. - Basic and diluted earnings per share rose by 53.70% to CNY 0.83 in 2024, up from CNY 0.54 in 2023[24]. - The weighted average return on equity increased by 2.81 percentage points to 9.92% in 2024 compared to 7.11% in 2023[24]. - The company reported a total revenue of 9,391 million CNY for the year 2024, with a net profit margin of approximately 31.8%[156]. Research and Development - The company is focusing on the development of new products and technologies, particularly in the integrated circuit sector, to enhance its market position[13]. - R&D investment accounted for 37.61% of operating revenue, a decrease of 9.13 percentage points from 46.74% in 2023[24]. - R&D investment totaled 344,575.56 million yuan, representing a 22.63% increase, accounting for 37.61% of operating revenue[39]. - The company has accumulated 836 invention patents, 115 utility model patents, and 299 integrated circuit layout design certificates[42]. - The company has established a comprehensive training system for employees, focusing on both new and existing staff to enhance their skills and knowledge[180]. - The company has invested a total of 832.26 million RMB in research and development over the last three accounting years, which is 41.00% of cumulative operating revenue[187]. - The company continues to invest in core technologies in CPU and DCU chip technology, focusing on architecture design, security architecture, and software design to enhance product performance[76]. Corporate Governance - The board of directors has confirmed the authenticity, accuracy, and completeness of the annual report[4]. - The company has established a governance structure that ensures clear responsibilities and effective operations, complying with relevant laws and regulations[143]. - The company held one shareholders' meeting during the reporting period, ensuring compliance with legal and procedural requirements[144]. - The company emphasizes the protection of shareholders' rights and maintains effective communication with investors[149]. - The company has implemented a comprehensive information disclosure management system to ensure transparency and protect investor interests[148]. - The company has not faced any issues regarding independence from its controlling shareholders or related party transactions[149]. - The company has a stable management team with no changes in key positions reported during the period[154]. Market Strategy and Outlook - Future outlook includes plans for market expansion and potential mergers and acquisitions to drive growth[13]. - The company plans to expand its market presence through strategic partnerships and potential acquisitions in the upcoming fiscal year[158]. - The company aims to achieve a revenue growth target of 10% for the next fiscal year, driven by new product launches and market expansion strategies[158]. - The company is focused on enhancing processor security through expanded algorithm instruction sets and native support for trusted computing[91]. - The company is considering using part of the raised funds to permanently supplement working capital[166]. Risk Management - The company has outlined potential risks in the management discussion and analysis section of the report[4]. - The company faced risks related to high customer concentration, with major clients concentrated among a few domestic server manufacturers[98]. - The company is addressing rising raw material costs by accelerating product iterations and selecting advanced packaging and testing designs[101]. Environmental, Social, and Governance (ESG) - The company has established a three-tier ESG management framework involving the board, strategic committee, and ESG execution team to effectively implement ESG strategies[195]. - The company's ESG rating results for the year include an AA rating from Beijing Zhiding Technology Co., Ltd., which is an improvement from the previous year, and an A- rating from Beijing Shangdao Ronglv Consulting Co., Ltd., also an improvement[196]. - The company does not belong to the key pollutant discharge units as defined by environmental protection authorities and does not engage in activities that cause environmental pollution[200]. - The company has not reported any environmental violations during the reporting period and does not directly engage in manufacturing activities[200]. Employee and Talent Management - The workforce includes 2,392 employees, with 1,755 (73.37%) holding a master's degree or higher[43]. - R&D personnel account for 90.18% of the total workforce, with 77.61% holding advanced degrees[39]. - The company has established a sound promotion and incentive mechanism to attract and retain talent, aligning compensation with industry standards and employee performance[178]. - The total remuneration for core technical personnel at the end of the reporting period was RMB 14.91 million[163]. Dividend and Shareholder Returns - The proposed profit distribution plan for 2024 includes a cash dividend of 1.70 CNY per 10 shares, totaling approximately 394.33 million CNY (including tax) based on 231,961.2775 million shares eligible for distribution[6]. - The total cash dividend for 2024, including share buybacks, amounts to 696.68 million RMB, accounting for 36.08% of the net profit attributable to shareholders[186]. - The company has a cumulative cash dividend of 742.93 million RMB over the last three accounting years, with an average cash dividend ratio of 55.75%[187].

海光信息技术股份有限公司 关于 2024 年度利润分配方案的公告 本公司董事会及全体董事保证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、准确性和完整性依法承担个别及连带责任。 重要内容提示： 每股分配比例：每 10 股派发现金红利 1.70 元（含税），不送红股，不进 行资本公积转增股本。 本次利润分配以实施权益分派股权登记日登记的总股本扣除公司回购专 用证券账户中的股份为基数，具体日期将在权益分派实施公告中明确。 在实施权益分派的股权登记日前公司总股本扣除公司回购专用证券账户 中股份的基数发生变动的，维持每股分配比例不变，相应调整分配总额，并将另 行公告具体调整情况。 未触及《上海证券交易所科创板股票上市规则（2024 年 4 月修订）》（以 下简称《科创板股票上市规则》）第 12.9.1 条第一款第（八）项规定的可能被实 施其他风险警示的情形。 证券代码：688041 证券简称：海光信息 公告编号：2025-004 一、 利润分配方案的内容 （一）利润分配方案的具体内容 截至 2024 年 12 月 31 日，海光信息技术股份有限公司（以下简称"公司"） 合并报表中归属于上市 ...

证券时报网讯，海光信息(688041)2月28日晚间披露年报，公司2024年实现营业收入91.62亿元，同比增 长52.4%；净利润19.31亿元，同比增长52.87%；基本每股收益0.83元。 公司拟每10股派发现金红利1.7元（含税）。 ...

海光信息（688041.SH） 业绩持续高增长，期待 DCU 取得更大突破 2025 年 02 月 25 日 投资评级：买入（维持） | 日期 | 2025/2/25 | | --- | --- | | 当前股价(元) | 155.90 | | 一年最高最低(元) | 161.29/67.30 | | 总市值(亿元) | 3,623.64 | | 流通市值(亿元) | 1,382.14 | | 总股本(亿股) | 23.24 | | 流通股本(亿股) | 8.87 | | 近 3 个月换手率(%) | 189.24 | 股价走势图 数据来源：聚源 -30% 0% 30% 60% 90% 120% 2024-02 2024-06 2024-10 海光信息 沪深300 陈宝健（分析师） 刘逍遥（分析师） chenbaojian@kysec.cn 证书编号：S0790520080001 liuxiaoyao@kysec.cn 证书编号：S0790520090001 高度看好公司长期发展，维持 "买入"评级 我们下调公司 2024 年归母净利润预测为 19.29 亿元（原预测为 19.80 亿元）， 考虑 DCU 有 ...

Investment Rating - The investment rating for the company is "Buy" (maintained) [1][3] Core Views - The report expresses a strong long-term outlook for the company, highlighting the potential for significant earnings growth driven by the DCU product line [3][5] - The company's revenue and profit are expected to continue their high growth trajectory, with a projected revenue of 91.62 billion yuan for 2024, representing a year-on-year increase of 52.40% [4] - The report anticipates that the company's collaboration with leading internet firms will create benchmark cases and drive further breakthroughs in 2025 [5][6] Financial Performance Summary - The company is expected to achieve a net profit of 19.29 billion yuan in 2024, a year-on-year increase of 52.73% [4] - The projected earnings per share (EPS) for 2024, 2025, and 2026 are 0.83 yuan, 1.30 yuan, and 1.81 yuan respectively, with corresponding price-to-earnings (P/E) ratios of 185.7, 118.6, and 85.0 [3][7] - The company's revenue is forecasted to grow from 60.12 billion yuan in 2023 to 134.31 billion yuan in 2025, reflecting a compound annual growth rate (CAGR) of 48.0% [7][9] Market Position and Opportunities - The company is positioned as a leading domestic AI chip manufacturer, benefiting from increased capital expenditures by major internet firms, which are expected to drive investments in domestic AI infrastructure [6] - The DCU products are noted for their strong computing power and capabilities in artificial intelligence and big data processing, with applications across various industries including finance and telecommunications [5][6]

Financial Performance - Total revenue for 2024 reached RMB 916,214.81 million, an increase of 52.40% compared to the previous year[5] - Net profit attributable to shareholders of the parent company was RMB 192,924.73 million, up 52.73% year-on-year[5] - Net profit attributable to shareholders of the parent company after deducting non-recurring gains and losses was RMB 181,403.45 million, reflecting a 59.64% increase from the previous year[5] - Basic earnings per share increased to RMB 0.83, a rise of 53.70% compared to the previous year[5] Assets and Equity - Total assets at the end of the reporting period were RMB 2,855,774.88 million, a growth of 24.69% from the beginning of the period[5] - Shareholders' equity attributable to the parent company was RMB 2,024,921.60 million, an increase of 8.26% from the beginning of the period[5] Business Strategy and Market Position - The company focused on high-end processor R&D, leading to significant growth in revenue and profit due to expanded application fields and increased customer recognition[7] - The company maintained a leading market position through continuous technological innovation and product performance enhancement[7] - The increase in key financial metrics was primarily driven by the company's commitment to high-end processor development and market expansion[7] Reporting and Data Confirmation - The financial data presented is preliminary and subject to final confirmation in the official annual report[8]

海光信息 摘要 • 阿里巴巴等头部企业资本支出大幅增长，本季度阿里资本支出同比增长 260%，环比增长 80%，主要投入云基础设施，直接拉动整个板块，预示 着算力基础设施建设进入加速期。 • DeepSpeed 的低成本高效开源模式深刻改变 ARM 竞争格局，降低了大 模型训练的资本门槛，使得投资逻辑从英伟达主线向算力国产化和 AI 国产 化的大模型路线转移。 • AI 手机预计在 2025 年迎来元年，其最终形态将以大模型为核心，整合应 用程序，实现用户通过语音或文字指令直接调用应用功能，为办公、传媒、 游戏等领域带来新的增长点。 • 海光信息作为国产高端处理器龙头，营收复合增长率接近 100%，其 CPU 性能对标国际大厂，受益于信创带来的国产化替代机会，预计 2027 年 x86 服务器 CPU 营收相比 2025 年仍能实现 280%的增长。 • 海光信息的 GPU 深算一号在性价比上优于英伟达 A100，且具备生态扩展 能力，更好适配国际商业计算软件及人工智能相关软件，预计 2024 年营 收约 89 亿元，净利润约 19 亿元。 Q&A 当前科技板块的核心投资观点是什么？ 当前科技板块的核心投资观 ...

Investment Rating - The report assigns a "Buy" rating for the company for the first time [1]. Core Views - The report highlights that the company is a leading domestic high-end processor manufacturer, poised to benefit from the domestic substitution trend and the surge in intelligent computing demand, with expected continuous revenue growth [9][56]. Summary by Sections Company Overview - The company, Haiguang Information, originated from the Chinese Academy of Sciences and is primarily owned by Zhongke Shuguang. It has established a strong foundation through technology licensing agreements with AMD for high-end processor technologies [6][22]. Financial Performance - The company has shown significant revenue growth from 3.79 billion yuan in 2019 to 60.12 billion yuan in 2023, with a compound annual growth rate (CAGR) of 99.55% [6][24]. - Revenue projections for 2024, 2025, and 2026 are 89.31 billion yuan, 125.84 billion yuan, and 165.09 billion yuan, respectively, with net profits expected to reach 18.96 billion yuan, 29.51 billion yuan, and 40.43 billion yuan [9][56]. Product Lines - The company operates two main product lines: CPUs and GPUs. The CPU product line includes the 7000, 5000, and 3000 series, targeting various market segments from high-end servers to entry-level computing [18]. - The GPU product line, particularly the "Deep Computing Unit" (DCU), is designed for high-performance computing applications, including AI and big data processing [18][45]. Market Position and Competitive Advantage - The company benefits from a robust X86 ecosystem, which enhances its competitive edge against international giants like Intel and AMD. The X86 architecture is noted for its extensive software application support [7][38]. - The Haiguang 7390 CPU features 32 cores and 64 threads, with a base frequency of 2.7GHz, showcasing competitive performance against domestic alternatives [7][40]. Growth Drivers - The report emphasizes the increasing demand for intelligent computing, with the intelligent computing market expected to grow at a CAGR exceeding 65% from 2021 to 2030 [8][50]. - The company is well-positioned to capture market share in the domestic X86 server market, which is projected to grow significantly due to government policies promoting domestic chip usage [44]. Research and Development - The company maintains a high R&D expenditure, with R&D expenses consistently around 30% of revenue, reflecting its commitment to innovation and product development [26][30]. Valuation - The report suggests that the company's valuation has upward potential, with projected P/E ratios for 2024, 2025, and 2026 at 166.92, 107.22, and 78.28, respectively, compared to peers [56].

半导体板块21日盘中发力走高，截至发稿，翱捷科技、海光信息涨超10%，德明利涨停创历史新高，盛 科通信、寒武纪涨近9%，华虹公司涨超4%。 消息面上，根据北京市规划和自然资源委员会网站信息，北京亦庄新城YZ00-0606街区0001-2地块工业 用地项目2月18日竞拍结果公布，竞得人为北京经开区下属的北京永闳毅科技有限公司。据上述项目挂 牌文件，拟建项目总投资不低于500亿元，项目固定资产投资不低于400亿元，达产年产值不低于60亿 元。 此外，2月17日，IDM半导体厂商燕东微向其实控人北京电控定向增发募资40.2亿元的计划获交易所受 理。据燕东微定增募集说明书，募集资金用于北电集成12英寸集成电路生产线项目投资，该项目总投资 金额将高达330亿元，据项目建设计划，北电集成项目已于2024年底前开工建设，预计将在2025年四季 度设备搬入，2026年底实现量产，2030年满产，月产能达5万片。 中信证券指出，近期北京规划两条集成电路新产能，预计未来相关建设每年将对国内设备采购需求有约 65亿元的拉动，利好国内半导体设备公司成长。此外，美国针对海外半导体设备公司开展对华销售调 查，后续海外设备的采购难度持续加 ...