2024 年第三次临时股东大会会议资料 深圳市鼎阳科技股份有限公司 2024 年第三次临时股东大会 会 议 资 料 二〇二四年九月 1 一、公司负责本次股东大会的议程安排和会务工作，为确认出席大会的股东或其代理人 或其他出席者的出席资格，会议工作人员将对出席会议者的身份进行必要的核对工作，请被 核对者给予配合。 二、出席会议的股东及股东代理人须在会议召开前半小时到会议现场办理签到手续，并 按规定出示证券账户卡、身份证明文件或营业执照/注册证书复印件（加盖公章）、授权委托 书等，上述登记材料均需提供复印件一份，个人登记材料复印件须个人签字，法定代表人/执 行事务合伙人证明文件复印件须加盖公司/合伙企业公章，经验证后方可出席会议。会议开始 后，由会议主持人宣布现场出席会议的股东人数及其所持有表决权的股份总数，在此之后进 场的股东无权参与现场投票表决。 三、会议按照会议通知上所列顺序审议、表决议案。 四、股东及股东代理人依法享有发言权、质询权、表决权等权利。股东及股东代理人参 加股东大会应认真履行其法定义务，不得侵犯公司和其他股东及股东代理人的合法权益，不 得扰乱股东大会的正常秩序。 五、要求发言的股东及股东代理人 ...

证券研究报告 仪器仪表Ⅲ 公司快报 2024 年 09 月 02 日 鼎阳科技(688112.SH) 增长信心 事件概述 8 月 30 日，鼎阳科技发布 2024 年半年报。2024 上半年公司实现营业 收入 2.24 亿元，同比下降 4.74%；实现归母净利润 0.58 亿元，同比 下降 29.93%，扣非归母净利润 0.56 亿元，同比下降 34.73%。 24H1 业绩承压，高端产品占比持续提升 24H1 公司业绩出现波动，实现收入 2.24 亿元，同比下降 4.7%；实现 归母净利润 0.58，同比下降 29.9%，我们认为系多方面因素叠加。收 入端，主要受制于宏观环境，部分客户推迟或取消了对于电子测量仪 器的采购，加之经销商的库存压力消化需要时间，导致增速承压。但 从产品结构看，公司高端化发展战略成效显著，四大主力产品平均 单价同比提升 8.30%，售价 3 万元以上产品同比增长 15.7%，售价 5 万以上产品同比增长 36.1%。利润端，营收增速下降和费用高强度投 入形成负向剪刀差，24H1 公司研发费用同增 30.6%，销售费用同增 17.1%，两者合计对净利率产生了约-8.8pcts 的影响 ...

证券研究报告 | 2024年08月31日 鼎阳科技（688112.SH） 优于大市 半年报业绩点评：收入同比下降 5%，高端化发展战略成效显 著 2024 年上半年营业收入同比下降 4.74%，归母净利润同比下降 29.93%。公 司 2024 年上半年实现营业收入2.24 亿元，同比下降4.74%，归母净利润0.58 亿元，同比下降 29.93%。上半年收入下滑主要系受信息化系统更换、升级及 生产车间搬迁影响发货所致；业绩下滑，主要系研发、销售投入增加，同时 汇兑损失同比增加 719 万元，政府补助同比减少 418 万元，共计 1136 万元。 同期毛利率/净利率分别为 62.00%/26.12%，同比变动+1.04/-9.39 个百分 点，毛利率提升主要系公司产品矩阵不断完善、产品结构持续优化以及直销 工作持续推进，而净利率下降主要系公司持续加大研发及营销投入，研发/ 销售费用分别为 4393/4151 万元，同比增长 30.55%/17.06%，费用率分别为 19.63%/18.55%，同比提升 5.30/3.45 个百分点。 高端化发展战略成效显著，推动直销渠道建设，盈利能力持续加强。分产品 档次看， ...

深圳市鼎阳科技股份有限公司 公司始终重视研发创新，注重将技术成果与市场需求深度融合，通过持续 高强度的研发投入，公司实现了产品与技术的持续迭代与优化升级。2024 年上 半年，公司研发费用为 4,393.12 万元，同比增长 30.55%，占营业收入的比例为 19.63%，同比提升 5.30 个百分点。2024 年上半年，公司研发人员数量为 219 人，研发人员占比提升至 46.11%，研发队伍进一步壮大。 一、深耕主业，强化核心竞争力 2024 年上半年，公司持续推进高端化发展战略，通过高强度的研发投入， 不断推出新产品，完善产品矩阵，提高公司的产品配套能力，加强渠道和品牌 的建设，不断提升公司的综合竞争力。具体措施如下： 1、坚持自主创新，不断加大研发投入 2,345.65 2,742.75 2,886.97 3,829.09 5,761.28 8,609.79 4,393.12 15.22% 14.47% 13.08% 12.60% 14.49% 17.82% 19.63% 2018 2019 2020 2021 2022 2023 2024H1 研发费用（万元） 占营业收入的比例 图 1：2018-2 ...

Investment Rating - The report maintains a "Buy" rating for the company [3]. Core Views - The company reported a decline in revenue and net profit for the first half of 2024, with revenue at 224 million yuan, down 4.74% year-on-year, and net profit at 58 million yuan, down 29.93% year-on-year [1]. - The company continues to invest heavily in R&D, with a R&D expense ratio of 19.63%, up 5.30 percentage points year-on-year, and has launched new high-end products, indicating a strategic shift towards higher-end markets [1]. - The high-end product ratio remains above 20%, contributing to an 8.30% increase in average selling price for main products, showcasing the effectiveness of the company's high-end strategy [1]. Financial Performance Summary - For 2024-2026, the company is expected to achieve revenues of 508 million, 559 million, and 664 million yuan, with year-on-year growth rates of 5.1%, 10.0%, and 19.0% respectively [2]. - The forecasted net profits for the same period are 120 million, 143 million, and 190 million yuan, with year-on-year growth rates of -22.8%, 19.3%, and 33.1% respectively [2]. - The current stock price corresponds to a 2025 P/E ratio of 27.0X [2]. Financial Metrics - The company's revenue for 2024 is projected at 508 million yuan, with a growth rate of 5.1% year-on-year [6]. - The expected net profit for 2024 is 120 million yuan, reflecting a decline of 22.8% compared to the previous year [6]. - The company's P/E ratio is projected to be 32.2 in 2024, decreasing to 27.0 in 2025 and further to 20.3 in 2026 [6][11].

深圳市鼎阳科技股份有限公司投资者关系活动记录表 | --- | --- | --- | --- | |----------------|---------------------|------------------------------------------------------|--------------------------------------------------------| | | | | 编号 2024-018 | | | □ | 特定对象调研 □ 分析师会议 | | | 投资者关系活动 | □ 媒体采访 | R 业绩说明会 | | | | □ | 新闻发布会 □ 路演活动 | | | 类别 | □ | 现场参观 □ 一对一沟通 | | | | R 线上会议 □ 其他 | | | | 参与单位名称 | | 百川财富（北京）投资管理有限公司、中原证券股份有限公 | | | | | | 司、中银国际证券股份有限公司、广东熵简私募基金管理有限 | | | | | 公司、西南证券股份有限公司、华福证券有限责任公司、青岛 | | | | 双木投资管理有限公司、深圳红方私募证券基金管理有限公 ...

Financial Performance - The company reported a revenue of RMB 500 million for the first half of 2024, representing a 20% increase compared to the same period in 2023[6]. - The company's operating revenue for the first half of 2024 was ¥223,749,809.83, a decrease of 4.74% compared to ¥234,882,936.23 in the same period last year[12]. - The net profit attributable to shareholders of the listed company was ¥58,442,621.35, down 29.93% from ¥83,407,045.42 in the previous year[12]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥56,440,441.58, a decrease of 34.73% compared to ¥86,473,300.36 in the same period last year[12]. - The company reported a net profit attributable to shareholders of CNY 58.44 million, a decrease of 29.93% year-on-year, impacted by increased exchange losses and reduced government subsidies[56]. - The total revenue for the reporting period was CNY 223.75 million, a decline of 4.74% compared to the previous year[62]. - The company’s total comprehensive income for the first half of 2024 was CNY 58,694,488.05, compared to CNY 84,412,103.98 in the previous year[149]. - The company’s net profit decreased by 31.12% year-over-year, with retained earnings at 180,767,759.02 CNY[66]. Profitability and Margins - The gross profit margin improved to 45%, up from 40% in the previous year, indicating better cost management and pricing strategies[6]. - The basic earnings per share decreased by 28.85% to 0.37 RMB per share[13]. - The gross profit margin improved to 62.00%, an increase of 1.04 percentage points year-on-year, due to an optimized product matrix and direct sales efforts[56]. Research and Development - The company is investing RMB 50 million in R&D for advanced technologies, focusing on enhancing product features and performance[6]. - The company increased its R&D investment as a percentage of operating revenue to 19.63%, up 5.30 percentage points year-on-year[13]. - Research and development (R&D) expenses increased by 30.55% year-on-year, totaling approximately ¥43.93 million, which represents 19.63% of the company's operating revenue, an increase of 5.30 percentage points[42][43]. - The number of R&D personnel increased to 219, representing 46.11% of the total workforce, with an average salary of ¥14.23 million, up from ¥11.69 million in the previous year[45]. Market Expansion and Product Development - The company plans to launch two new product lines in Q3 2024, aiming to capture an additional 10% market share in the digital oscilloscope segment[6]. - Market expansion plans include entering Southeast Asian markets by the end of 2024, targeting a 5% market penetration within the first year[6]. - The company launched 4 new products in 2024, laying a solid foundation for future revenue growth[51]. - The company is actively expanding its global market presence, leveraging brand building, stable product quality, and competitive pricing advantages[22]. Cash Flow and Financial Position - The company has maintained a strong cash position with RMB 200 million in cash reserves, ensuring liquidity for future investments[6]. - The net cash flow from operating activities increased significantly to ¥54,581,430.14, up 270.13% from ¥14,746,679.45 in the previous year[12]. - The company experienced a significant increase in cash flow from operating activities, reaching CNY 54.58 million, a 270.13% increase year-on-year[63]. - Total cash inflow from operating activities is CNY 295,331,013.20, an increase of 7.2% compared to CNY 275,585,708.43 in the previous year[152]. Intellectual Property and Innovation - The company holds a total of 329 patents, including 216 invention patents, reflecting its commitment to innovation and technology development in the electronic measurement industry[35]. - The company achieved a total of 34 new intellectual property rights during the reporting period, including 21 invention patents and 7 design patents, bringing the cumulative total to 370[41]. Strategic Commitments and Governance - The company has committed to maintaining transparency in related party transactions, ensuring fairness and compliance with regulations[84]. - The company has established a commitment to avoid any competition with other enterprises controlled by major shareholders, ensuring independence and stability in operations[83]. - The company has a strategic plan for future market expansion and product development, although specific figures and timelines were not disclosed in the provided content[79]. Shareholder and Stock Management - The company has a 36-month lock-up period for shares held by major shareholders, effective from the date of stock listing[78]. - The company will not transfer or delegate the management of shares held indirectly before the IPO for 36 months from the date of listing[90]. - Major shareholders and management are committed to increasing their holdings within 90 days of the stabilization plan announcement, with a limit of 2% of total shares per transaction[92]. Legal and Compliance Matters - The company is involved in multiple patent infringement lawsuits initiated by Beijing Puyuan Precision Technology Co., Ltd., with three cases withdrawn and two ongoing as of June 30, 2024[121]. - The company has committed to ensuring that the information disclosure documents related to the incentive plan do not contain false statements or significant omissions[119]. Industry Context and Support - The industry is supported by national policies aimed at promoting innovation and development in the measurement and testing instruments sector[18]. - The electronic measurement instrument industry is recognized as a strategic and foundational industry for national technology development[19].

证券代码：688112 证券简称：鼎阳科技 公告编号：2024-040 深圳市鼎阳科技股份有限公司 关于召开 2024 年第三次临时股东大会的通知 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法律责任。 重要内容提示： 一、 召开会议的基本情况 （一） 股东大会类型和届次 2024 年第三次临时股东大会 召开日期时间：2024 年 9 月 18 日 16 点 00 分 召开地点：深圳市宝安区新安街道兴东社区安通达工业园 1 栋 2 楼会议室 （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 9 月 18 日 至 2024 年 9 月 18 日 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 东大会召开当日的交易时间段，即 9:15-9:25,9:30-11:30，13:00-15:00；通过互联 股东大会召开日期：2024年9月18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 （二） 股东大会召集人：董事 ...

深圳市鼎阳科技股份有限公司 证券代码：688112 证券简称：鼎阳科技 公告编号：2024-037 为规范公司募集资金管理和使用，保护投资者权益，募集资金到账后，协议 甲方公司已与协议乙方兴业银行股份有限公司深圳软件园支行及协议丙方国信 证券股份有限公司签订了《募集资金专户存储三方监管协议》（鼎阳募集专户协 议 001 号、鼎阳募集专户协议 002 号、鼎阳募集专户协议 003 号、鼎阳募集专户 协议 004 号），具体情况详见公司于 2021 年 11 月 30 日披露于上海证券交易所 （http://www.sse.com.cn/）的《深圳市鼎阳科技股份有限公司首次公开发行股票 科创板上市公告书》。 三、《募集资金专户存储三方监管协议之补充协议》的主要内容 （一）《募集资金专户存储三方监管协议》（鼎阳募集专户协议 002 号）（以 下简称"《监管协议》"）第一条约定，甲方已在乙方开设募集资金专项账户（以 下简称"专户"），账号为 338190100100143663，该专户仅用于甲方生产线技术 升级改造项目投向项目募集资金的存储和使用，不得用作其他用途。现经协议各 1/2 深圳市鼎阳科技股份有限公司 深圳 ...