关于召开 2023 年度暨 2024 年第一季度业绩暨现金分 红说明会的公告 证券代码：688041 证券简称：海光信息 公告编号：2024-017 海光信息技术股份有限公司 （一） 会议线上交流时间：2024 年 4 月 26 日（星期五） 下午 13:00-14:00 （二） 线上文字互动平台：上海证券交易所上证路演中心（网址： http://roadshow.sseinfo.com/） （三） 会议召开方式：上证路演中心网络互动 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： 会议线上交流时间：2024 年 4 月 26 日（星期五） 下午 13:00-14:00 线上文字互动平台：上海证券交易所上证路演 中心（网址： http://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 4 月 19 日（星期五）至 4 月 25 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"栏目或通过公司邮箱 investor@hygon.cn ...

半导体 分析师：邹臣 产品及生态持续推进，业绩继续高成长可 登记编码：S0730523100001 期 z ouchen@ccnew.com 021-50581991 ——海光信息(688041)年报点评 证券研究报告-年报点评 买入(维持) 市场数据(2024-04-15) 发布日期：2024年04月16日 收盘价(元) 78.66 事件：近日公司发布2023年年度报告，2023年公司实现营收60.12 一年内最高/最低(元) 98.75/49.66 亿元，同比+17.30%；归母净利润12.63亿元，同比+ 57.17%；扣非 沪深300指数 3,549.08 归母净利润11.36亿元，同比+ 51.79%。2023年第四季度单季度实现 市净率(倍) 9.77 营收20.69亿元，同比+58.52%，环比+ 55.46%；归母净利润3.62亿 流通市值(亿元) 1,828.32 元，同比+138.50%，环比+61.27%；扣非归母净利润3.02亿元，同比 +108.59%，环比+40.75%。 基础数据(2023-12-31) 每股净资产(元) 8.05 每股经营现金流(元) 0.35 投资要点： 毛利 ...

证券代码：688041 证券简称：海光信息 投资者关系活动记录表 编号：2024-01 ☑特定对象调研 □分析师会议 £媒体采访 □业绩说明会 投资者关系活动 □新闻发布会 □路演活动 类别 □现场参观 £其他_________________ 参与单位及人员 财通证券、华商基金、景顺长城基金、国新投资、建信养老、华 夏基金、中金公司、中信建投基金、民生加银基金、泓德基金、 信达澳亚基金、银华基金、中信证券、华安基金、博时基金、东 方证券、嘉实基金、国泰君安证券、平安证券、鹏华基金、平安 基金、华泰证券、工银瑞信基金 时间 2024年4月12日、4月15日 地点 公司会议室 ...

Investment Rating - The report maintains a "Buy" rating for the company [1] Core Insights - The company achieved a revenue of 6.012 billion yuan in 2023, representing a year-on-year growth of 17.30%, with a net profit attributable to shareholders of 1.263 billion yuan, up 57.17% [4] - The company's gross margin improved to 59.67%, an increase of 7.25 percentage points year-on-year, indicating enhanced profitability [2] - The company continues to invest heavily in R&D, with an expenditure of 2.81 billion yuan in 2023, a 35.93% increase year-on-year, accounting for 46.74% of its operating revenue [2][5] Summary by Sections Financial Performance - In Q4 2023, the company reported a revenue of 2.069 billion yuan, a year-on-year increase of 58.52%, and a net profit of 362 million yuan, up 138.74% [4] - The company’s R&D personnel accounted for 91.68% of its total workforce, emphasizing its focus on innovation [2] Market Position and Trends - The demand for AI computing power is strong, and the general server market is expected to recover, with IDC forecasting a 5.7% growth in x86 server shipments in 2024 [5] - The company is well-positioned in the domestic market, leveraging its understanding of local customer needs to provide secure and controllable products [6][7] Future Outlook - The company’s net profit forecasts for 2024, 2025, and 2026 are 1.709 billion yuan, 2.298 billion yuan, and 3.062 billion yuan, respectively, with corresponding EPS of 0.74 yuan, 0.99 yuan, and 1.32 yuan [8] - The report anticipates continued growth driven by the development of its CPU and DCU products, benefiting from the trends in the AI and domestic innovation markets [5][6]

证券研究报告·公司点评报告·半导体 海光信息（688041） 2023 年年报点评：新品不断迭代，充分受益 2024年 04月 14日 算力国产化浪潮 证券分析师 马天翼 买入（维持） 执业证书：S0600522090001 maty@dwzq.com.cn 盈[T 利ab 预le_ 测EP 与S 估] 值 2022A 2023A 2024E 2025E 2026E 证券分析师 王紫敬 营业总收入（百万元） 5,125 6,012 8,262 11,018 14,404 执业证书：S0600521080005 021-60199781 同比 121.83% 17.30% 37.42% 33.35% 30.73% wangzj@dwzq.com.cn 归母净利润（百万元） 803.70 1,263.18 1,749.28 2,378.70 3,169.62 证券分析师 王世杰 同比 145.70% 57.17% 38.48% 35.98% 33.25% 执业证书：S0600523080004 EPS-最新摊薄（元/股） 0.35 0.54 0.75 1.02 1.36 wangshijie@dwzq.com.c ...

证券研究报告 | 年报点评报告 2024年04月12日 海光信息（688041.SH） 业绩实现高增，国产算力领军地位持续验证 事件：公司发布2023年度报告，2023年，公司实现收入60.12亿元，yoy+17.30%， 增持（维持） 归母净利润为 12.63 亿元，yoy+57.17%，扣非归母净利润为 11.36 亿元， 股票信息 yoy+51.79%；2023年单Q4看，公司实现收入20.69亿元，yoy+58.52%，归母净 利润3.62亿元，yoy+138.50%，扣非归母净利润3.02亿元，yoy+108.82%，实现 行业 半导体 高速增长。 前次评级 买入 4月11日收盘价(元) 74.01 CPU、DCU产品性能表现优异，生态持续推进。1）CPU方面，海光CPU在国产处 理器中具有非常广泛的通用性和产业生态，已大规模应用于电信、金融、互联网、 总市值(百万元) 172,024.26 教育、交通、工业设计、图形图像处理等领域。海光CPU既支持面向数据中心、云 总股本(百万股) 2,324.34 计算等复杂应用领域的高端服务器，也支持面向政务、企业和教育领域的信息化建 其中自由流通股(%) 3 ...

Investment Rating - The report maintains a "Recommend" rating for Hygon Information, indicating expected strong performance in the next six months [2][8]. Core Insights - Hygon Information achieved a revenue of 6.012 billion yuan in 2023, representing a year-on-year growth of 17.3%. The net profit attributable to shareholders was 1.263 billion yuan, up 57.17% year-on-year [5][6]. - The company emphasizes its strong R&D capabilities, with R&D investment reaching 2.81 billion yuan, accounting for 46.74% of revenue, and a significant increase of 35.93% compared to the previous year [6][8]. - Hygon's core products, including CPU and DCU, have seen continuous updates and improvements, enhancing their competitiveness across various sectors such as finance, energy, and telecommunications [6][8]. Financial Performance Summary - **Revenue and Profit Growth**: In 2023, Hygon reported a revenue of 6.012 billion yuan, a 17.3% increase from 2022. The net profit was 1.263 billion yuan, reflecting a 57.17% increase [5][10]. - **Future Projections**: The company expects net profits of 1.749 billion yuan in 2024, 2.350 billion yuan in 2025, and 3.054 billion yuan in 2026, with corresponding P/E ratios of 98.4, 73.2, and 56.3 [8][12]. - **Profitability Metrics**: The gross margin improved to 59.7% in 2023, an increase of 7.47 percentage points year-on-year. The net profit margin was 21.0% [7][12]. Operational Highlights - **R&D Focus**: Hygon has a dedicated R&D team of 1,641 personnel, representing 91.68% of its total workforce, underscoring the company's commitment to innovation [6][8]. - **Product Applications**: The company's products are widely adopted in various industries, including major banks and energy companies, enhancing its market presence [6][8]. - **Cash Flow Management**: The operating cash flow for 2023 was 796 million yuan, with expectations for significant increases in the following years [11].

Financial Performance - The company reported a significant increase in revenue, achieving a total of 1.5 billion CNY for the fiscal year, representing a 25% year-over-year growth[16]. - The company's operating revenue for 2023 reached ¥6,011,998,991.03, representing a year-on-year increase of 17.30%[22]. - Net profit attributable to shareholders was ¥1,263,178,600.37, a significant increase of 57.17% compared to the previous year[22]. - The net profit after deducting non-recurring gains and losses was ¥1,136,358,033.60, up 51.79% year-on-year[22]. - Basic earnings per share rose to ¥0.54, reflecting a 42.11% increase from the previous year[23]. - The gross margin improved to 40%, up from 35% in the previous year, indicating better cost management and pricing strategies[16]. - The company achieved operating revenue of 601,199.90 million RMB, a year-on-year increase of 17.30%[33]. - The net profit attributable to shareholders was 126,317.86 million RMB, up 57.17% compared to the previous year[33]. Research and Development - Research and development expenses increased by 10%, totaling 200 million CNY, to support innovation in high-performance computing solutions[16]. - The company's R&D investment increased by 35.93%, surpassing the revenue growth rate of 17.30%, leading to a rise in R&D expenditure as a percentage of revenue to 46.74%[24]. - The total R&D investment for the year reached approximately CNY 2.81 billion, a year-on-year increase of 35.93%[72]. - The company has accumulated 670 invention patents, 90 utility model patents, and 228 integrated circuit layout design certificates[36]. - The company has established a comprehensive multi-level processor verification environment to ensure the reliability of its core microarchitecture[59]. - The company has developed a high-level custom circuit design platform, optimizing performance and energy efficiency through advanced design techniques[61]. - The company has established a comprehensive testing system covering wafer testing, packaging testing, and system-level testing to support the development and mass production of its CPUs and DCUs[66]. Market Expansion and Strategy - The company is expanding its market presence in Southeast Asia, targeting a 15% market share within the next two years[16]. - A strategic acquisition of a local tech firm was completed, enhancing the company's capabilities in integrated circuit design and production[15]. - The company provided a positive outlook for the next fiscal year, projecting a revenue growth of 20% based on current market trends and product demand[16]. - The company is exploring strategic acquisitions to bolster its technology portfolio, with a budget of 300 million allocated for potential deals[134]. - The company plans to focus on the development of high-performance, reliable, and low-power high-end processor chips to meet customer demands[115]. Corporate Governance - The board of directors has confirmed that all members attended the board meeting, ensuring the integrity of the annual report[6]. - The company has not reported any non-operating fund occupation by controlling shareholders or related parties[6]. - The company has not violated decision-making procedures for external guarantees[7]. - The company emphasizes that forward-looking statements regarding future development plans do not constitute a commitment to investors[6]. - The company has established a comprehensive information disclosure management system to ensure timely and accurate information dissemination to shareholders[124]. - The company has a structured governance framework that aligns with regulatory requirements, ensuring transparency and accountability[125]. Employee and Talent Management - The workforce consists of 1,790 employees, with 75.47% holding a master's degree or higher, ensuring a strong talent pool for innovation[37]. - The company has established a comprehensive training system to enhance employee skills and support strategic goals[153]. - The total remuneration for core technical personnel at the end of the reporting period was CNY 14.79 million[138]. - The company has implemented a competitive compensation policy that includes fixed and performance-based salaries to attract and retain talent[152]. Environmental, Social, and Governance (ESG) - The company emphasizes ESG principles, focusing on sustainable development and social responsibility initiatives[38]. - The company has invested in environmental protection initiatives, with a focus on promoting green office practices and enhancing employee awareness of environmental issues[170]. - The company has established a three-tier ESG management structure to integrate sustainable development into its daily operations and strategic planning[166]. - The company has not faced any administrative penalties related to environmental issues during the reporting period[167]. Risks and Challenges - The company has a significant risk related to high customer concentration, primarily relying on a few major server manufacturers[79]. - The company faced risks related to accounts receivable collection due to potential changes in customer financial conditions[81]. - The shortage of high-level talent in the integrated circuit design industry poses challenges for the company's growth and competitiveness[50]. Shareholder Relations - The company emphasizes investor relations, ensuring communication and feedback from shareholders to protect their rights[125]. - The company has a dedicated team for investor communication, enhancing engagement with stakeholders[125]. - The company reported a lock-up period of 12 months for all directors and senior management from the date of the initial public offering[188].

年 度 环境、社会和公司 治理（ESG）报告 海光信息技术股份有限公司 目录 | 关于本报告 | 01 | | --- | --- | | 时间范围 | 01 | | 发布周期 | 01 | | 报告范围 | 01 | | 称谓说明 | 01 | | 参考标准 | 01 | | 报告声明 | 01 | | 报告获取 | 01 | | 意见反馈 | 01 | 董事长致辞 02 2023年可持续亮点 03 | 走进海光 | 04 | | --- | --- | | 公司简介 | 04 | | 海光文化 | 05 | | 主要产品 | 05 | | 市场地位 | 06 | | 公司荣誉 | 06 | | 战略规划 | 07 | | ESG管理 | 08 | | --- | --- | | ESG 战略 | 08 | | ESG 治理机制 | 09 | | ESG 目标进展及规划 | 09 | | ESG 风险管理 | 10 | | 利益相关方沟通 | 11 | | 实质性议题分析 | 12 | 本报告为年度报告。 | 01 合规治理 共筑稳健海光 | | | --- | --- | | 治理架构 | 14 | | ...

海光信息技术股份有限公司 审计报告及财务报表 二〇二三年度 信会师报字[2024]第 ZG10866 号 您可使用手机"扫一扫"或进入"注册会计师行业统一监管平台（http://acc.mof.gov.cn）"进行查导 c.mof.gov.cn) 报告编码:沪24E1CY2D0G 海光信息技术股份有限公司 审计报告及财务报表 (2023年01月01日至2023年12月31日止) | 目录 | 页次 | | --- | --- | | 审计报告 | 1-6 | | 财务报表 | | | 合并资产负债表和母公司资产负债表 | 1-4 | | 合并利润表和母公司利润表 | 5-6 | | 合并现金流量表和母公司现金流量表 | 7-8 | | 合并所有者权益变动表和母公司所有者权益变动表 | 9-12 | | 财务报表附注 | 1-99 | 立信会计师事务所(特殊普通合伙) BDO CHINA SHU LUN PAN CERTIFIED PUBLIC ACCOUNTANTS LLP 审计报告 信会师报字[2024]第 ZG10866 号 海光信息技术股份有限公司全体股东: 一、审计意见 我们审计了海光信息技术股份有限 ...