证券代码：688188 证券简称：柏楚电子 公告编号：2025-022 上海柏楚电子科技股份有限公司 关于调整 2024 年度利润分配现金分红总额 依据上述总股本变动情况，公司按照每股现金分红金额不变以及每股转增比 例不变的原则，对 2024 年度利润分配方案的现金分红总额及转增股本总额进行 相应调整，拟以实施权益分派股权登记日登记的总股本为基数分配利润，拟向全 体股东每 10 股派发现金红利 21.60 元（含税），拟以资本公积向全体股东每 10 股转增 4 股。截至本公告披露日，公司股本总数为 205,993,742 股，以此计算合 计拟派发现金红利总额为 444,946,482.72 元（含税），占 2024 年度合并报表中归 属于上市公司普通股股东的净利润的比例为 50.41%（保留两位小数）；同时合计 拟转增 82,397,497 股，转增后公司总股本增加至 288,391,239 股。（以中国证券登 记结算有限责任公司届时登记结果为准，如有尾差，系取整所致。） 特此公告。 上海柏楚电子科技股份有限公司 董事会 及资本公积转增股本总额的公告 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 ...

Core Insights - The article presents the market capitalization rankings of the top 50 Chinese technology and internet companies as of May 23, 2025, highlighting significant players in the industry [1]. Group 1: Market Capitalization Rankings - Xiaomi Group ranks 4th with a market capitalization of 1754.49 billion [3]. - Pinduoduo follows in 5th place with a market capitalization of 1700.74 billion [3]. - Meituan is ranked 6th with a market capitalization of 1086.84 billion [3]. - JD.com holds the 8th position with a market capitalization of 485.64 billion [4]. - Dongfang Caifu is in 9th place with a market capitalization of 468.01 billion [4]. - SMIC (Semiconductor Manufacturing International Corporation) ranks 10th with a market capitalization of 428.82 billion [4]. Group 2: Additional Notable Companies - Li Auto is ranked 11th with a market capitalization of 306.9 billion [4]. - Baidu is in 12th place with a market capitalization of 289.01 billion [4]. - Kuaishou is ranked 13th with a market capitalization of 268.52 billion [4]. - Tencent Music holds the 14th position with a market capitalization of 262.23 billion [4]. - Beike ranks 15th with a market capitalization of 219.97 billion [4]. - XPeng Motors is in 16th place with a market capitalization of 195.11 billion [4]. Group 3: Lower Rankings - 36Kr Holdings is ranked 21st with a market capitalization of 99.46 billion [5]. - NIO is in 22nd place with a market capitalization of 87.87 billion [5]. - New Oriental Education ranks 23rd with a market capitalization of 76.79 billion [5]. - Bilibili is in 24th place with a market capitalization of 76.7 billion [5]. - Vipshop is ranked 25th with a market capitalization of 74.92 billion [5]. - Kingsoft is in 26th place with a market capitalization of 69.3 billion [5].

| 阿里巴巴 | 2986.04 | | --- | --- | | 11 小米焦团_W | 1805 85 | | | No. 1.0 | | | | --- | --- | --- | --- | | 5 | | 拼多多 | 1666.38 | | 6 | 美材 | 美团-W | 1069.68 | | 7 | 網易 | 网易 | 766.11 | 金十图示：2025年05月21日（周三）中国科技互联网公司市值排名TOP 50一览 | 8 | | 京东 | 489.39 | | | --- | --- | --- | --- | --- | | 9 | | 东方财富 | 470.85 | | | 10 | | 中芯国际 | 440.55 | | | II | Bal Char | 百度 | 307.12 | | | 12 | P | 理想汽车 | 302.4 | | | 13 | 85 | 快手-W O | 276.74 | | | 14 | | 腾讯音乐 | 263.47 | -1 + | | 15 | | 贝壳 | 223.45 | -1 3 | | 16 | 80 | 同花顺 | 191.78 | ...

Investment Rating - The report assigns an "Accumulate-A" rating for the company, indicating a positive outlook for its stock performance in the near term [8]. Core Views - The company's profitability remains high, supported by the continuous increase in domestic demand for high-power thick plate cutting and the expansion of international application scenarios [4][5]. - The intelligent welding business is expected to see significant growth, with the company leveraging its digital twin system to enhance production efficiency and reduce costs [5][6]. Financial Performance - In 2024, the company achieved a revenue of 1.735 billion yuan, a year-on-year increase of 23.33%, and a net profit of 883 million yuan, up 21.10% year-on-year [3]. - For Q1 2025, the company reported a revenue of 496 million yuan, reflecting a year-on-year growth of 30.12%, and a net profit of 255 million yuan, up 31.99% year-on-year [3]. Product Segmentation - The revenue from flat solutions was 1.125 billion yuan, contributing 64.81% to total revenue, with a gross margin of 82.69% [4]. - The revenue from pipe solutions reached 380 million yuan, contributing 21.91%, with a gross margin of 87.54% [4]. - The three-dimensional solutions saw a remarkable growth of 409.90% year-on-year, generating 37 million yuan in revenue [4]. Market Position and Strategy - The company holds a leading position in the domestic market for mid-to-low power laser cutting control systems, with a market share of approximately 60% [5]. - The company is expanding its high-power cutting capabilities through a combination of control systems and cutting heads, aiming to break the monopoly of international giants [5]. Future Outlook - The company is expected to see its earnings per share (EPS) grow to 5.17 yuan in 2025, 6.36 yuan in 2026, and 8.04 yuan in 2027, with corresponding price-to-earnings (P/E) ratios of 37.4, 30.3, and 24.0 respectively [8][10].

Investment Rating - The report assigns an "Accumulate-A" rating for the company, indicating a positive outlook for its stock performance in the near term [8]. Core Views - The company's profitability remains high, supported by the increasing demand for high-power thick plate cutting in domestic markets and expanding international applications. The smart welding business is expected to see significant growth [4][5]. - The company achieved a revenue of 1.735 billion yuan in 2024, representing a year-on-year increase of 23.33%, and a net profit of 883 million yuan, up 21.10% year-on-year [3]. - The report highlights the company's strong position in the domestic market for mid-to-low power laser cutting control systems, with a market share of approximately 60%, and its efforts to break the monopoly of international giants in high-power cutting [5]. Financial Performance - In Q1 2025, the company reported a revenue of 496 million yuan, a year-on-year increase of 30.12%, and a net profit of 255 million yuan, up 31.99% year-on-year [3]. - The overall gross margin and net margin for 2024 were 79.94% and 53.70%, respectively, remaining stable compared to the previous year [4]. - The company expects its earnings per share (EPS) to grow from 5.17 yuan in 2025 to 8.04 yuan in 2027, with corresponding price-to-earnings (P/E) ratios decreasing from 37.4 to 24.0 over the same period [8][10]. Business Segments - The revenue from flat solutions was 1.125 billion yuan, contributing 64.81% to total revenue, while the revenue from pipe solutions was 380 million yuan, contributing 21.91% [4]. - The smart welding business is anticipated to expand significantly, with applications in steel structures, power, shipping, and bridges, leveraging a comprehensive product solution that enhances automation in the steel construction industry [5][6]. Research and Development - The company is focused on high-precision control and is expanding its technological capabilities in laser welding and processing systems, which are crucial for industries such as lithium batteries and electric motors [6][7].

上海市锦天城律师事务所 关于上海柏楚电子科技股份有限公司 2024 年年度股东大会的 法律意见书 地址：上海市浦东新区银城中路 501 号上海中心大厦 11/12 楼 电话：021-20511000 传真：021-20511999 邮编：200120 上海市锦天城律师事务所 法律意见书 上海市锦天城律师事务所 关于上海柏楚电子科技股份有限公司 2024 年年度股东大会的 法律意见书 致：上海柏楚电子科技股份有限公司 上海市锦天城律师事务所（以下简称"本所"）接受上海柏楚电子科技股份 有限公司（以下简称"公司"）委托，就公司召开 2024 年年度股东大会（以下 简称"本次股东大会"、"本次会议"）的有关事宜，根据《中华人民共和国公司 法》（以下简称"《公司法》"）、《上市公司股东会规则》等法律、法规、规章和 其他规范性文件以及《上海柏楚电子科技股份有限公司章程》（以下简称"《公 司章程》"）的有关规定，出具本法律意见书。 为出具本法律意见书，本所及本所律师依据《律师事务所从事证券法律业务 管理办法》和《律师事务所证券法律业务执业规则（试行）》等规定，严格履行 了法定职责，遵循了勤勉尽责和诚实信用原则，对本次股东 ...

证券代码：688188 证券简称：柏楚电子 公告编号：2025-021 上海柏楚电子科技股份有限公司 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： ? 本次会议是否有被否决议案：无 一、 会议召开和出席情况 （一） 股东会召开的时间：2025 年 5 月 19 日 （二） 股东会召开的地点：上海市闵行区兰香湖南路 1000 号上海柏楚电子科 技股份有限公司会议室 （三） 出席会议的普通股股东、特别表决权股东、恢复表决权的优先股股东及 其持有表决权数量的情况： 普通股股东人数 229 普通股股东所持有表决权数量 172,338,486 例（%） 普通股股东所持有表决权数量占公司表决权数量的比例（%） 83.6620 （四） 表决方式是否符合《公司法》及公司章程的规定，股东大会主持情况等。 本次会议由公司董事会召集，由董事长唐晔先生主持，以现场投票与网络投票相 结合的方式进行表决。会议的召集、召开与表决符合《公司法》及《公司章程》 的规定。 （五） 公司董事和董事会秘书的出席情况 二、 议案审议情况 （一） 非 ...

证券代码：688188 证券简称：柏楚电子 公告编号：2025-021 上海柏楚电子科技股份有限公司 2024年年度股东大会决议公告 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法律责任。 重要内容提示： 本次会议是否有被否决议案：无 一、 会议召开和出席情况 （一） 股东会召开的时间：2025 年 5 月 19 日 （二） 股东会召开的地点：上海市闵行区兰香湖南路 1000 号上海柏楚电子科 技股份有限公司会议室 （五） 公司董事和董事会秘书的出席情况 1、 公司在任董事7人，出席6人，独立董事朱弘恣因出差原因未出席本次会议； 2、 公司在任监事 3 人，出席 3 人； 3、 董事会秘书周荇女士现场出席了本次会议,其他公司高管列席了本次会议。 二、 议案审议情况 （一） 非累积投票议案 1、 议案名称：关于公司《2024 年年度报告》及其摘要的议案 审议结果：通过 （三） 出席会议的普通股股东、特别表决权股东、恢复表决权的优先股股东及 其持有表决权数量的情况： | 1、出席会议的股东和代理人人数 | 229 | | --- | - ...

Core Viewpoint - The article presents the market capitalization rankings of the top 50 Chinese technology and internet companies as of May 15, 2025, highlighting significant players in the industry and their respective valuations. Group 1: Top Companies by Market Capitalization - Alibaba leads the list with a market capitalization of $319.81 billion [3] - Xiaomi Group follows with a valuation of $170.38 billion [3] - Pinduoduo ranks third at $168.78 billion [3] - Meituan is valued at $107.61 billion, placing it fourth [3] - JD.com has a market cap of $51.51 billion, ranking eighth [4] Group 2: Notable Rankings and Valuations - Other notable companies include Baidu at $31.80 billion [4], and Ideal Auto at $30.74 billion [4] - Kuaishou is valued at $28.87 billion, while Tencent Music stands at $26.32 billion [4] - Xpeng Motors and iFlytek have market caps of $19.90 billion and $15.22 billion respectively [4] Group 3: Additional Companies in the Rankings - Companies like Kingsoft and Hengsheng Electronics have valuations of $7.28 billion and $7.01 billion respectively [5] - Yonyou Network is valued at $6.45 billion, while Qifu Technology stands at $6.33 billion [5] - Other companies in the lower rankings include 360 Security Technology at $10.03 billion and NIO at $9.35 billion [6]

Core Viewpoint - The company Baichu Electronics (688188) has shown positive financial performance with significant revenue and profit growth in 2024, alongside upcoming shareholder meetings to discuss key financial matters [3][5]. Group 1: Trading Information - On May 9, Baichu Electronics closed at 197.56 yuan, up 1.79%, with a turnover rate of 0.38% and a trading volume of 7806 lots, resulting in a transaction value of 154 million yuan [1]. - The fund flow on the same day indicated a net inflow of 7.2793 million yuan from institutional investors, accounting for 4.73% of the total transaction value, while retail investors experienced a net outflow of 17.7173 million yuan, representing 11.51% of the total [2][5]. Group 2: Company Announcements - Baichu Electronics will hold its 2024 annual shareholder meeting on May 19, 2025, in Shanghai, where several key proposals will be reviewed, including the annual report, financial statements, profit distribution, and internal control evaluations [3]. - For the year 2024, the company reported a revenue of 1.735 billion yuan, reflecting a year-on-year growth of 23.33%, and a net profit of 882.71 million yuan, which is a 21.10% increase compared to the previous year [3][5]. - The company plans to distribute a cash dividend of 21.60 yuan per 10 shares (tax included) and to increase capital by converting 4 shares for every 10 shares held from capital reserves [3].