北京市中伦（深圳）律师事务所 关于深圳市道通科技股份有限公司 2024 年第三次临时股东大会的 法律意见书 二〇二四年十月 北京 • 上海 • 深圳 • 广州 • 武汉 • 成都 • 重庆 • 青岛 • 杭州 • 南京 • 海口 • 东京 • 香港 • 伦敦 • 纽约 • 洛杉矶 • 旧金山 • 阿拉木图 Beijing • Shanghai • Shenzhen • Guangzhou • Wuhan • Chengdu • Chongqing • Qingdao • Hangzhou • Nanjing • Haikou • Tokyo • Hong Kong • London • New York • Los Angeles • San Francisco • Almaty 北京市中伦（深圳）律师事务所 关于深圳市道通科技股份有限公司 2024 年第三次临时股东大会的 本法律意见书仅供本次股东大会之目的而使用，未经本所书面同意，不得用 作其他任何目的。 为出具本法律意见书，本所律师列席了本次股东大会，并根据有关法律、法 规、规范性文件的规定和要求，按照律师行业公认的业务标准、道德规范和勤勉 1 法律意见 ...

Investment Rating - The investment rating for the company is upgraded to "Buy" from "Accumulate" [3][5]. Core Views - The company is expected to achieve operating revenue of 2.66 to 2.94 billion yuan for the first three quarters of 2024, representing a year-on-year growth of 21.48% to 34.27%. The net profit attributable to shareholders is forecasted to be between 520 to 570 million yuan, indicating a year-on-year increase of 95.10% to 113.86% [1]. - The company is capitalizing on opportunities in the overseas new energy charging industry and is focusing on the digital energy market, leveraging its systematic advantages in products, technology, brand, market, service, and global supply chain to achieve rapid growth and establish long-term competitive barriers [1]. - The trends of automotive intelligence and electrification are driving the company's main business and new energy business to develop in synergy. The demand for the company's ADAS series products is expected to increase, supporting the growth of traditional diagnostic business [2]. Financial Summary - The company’s revenue projections for 2024 to 2026 are 4.055 billion, 5.155 billion, and 6.481 billion yuan, respectively, with year-on-year growth rates of 24.71%, 27.15%, and 25.72%. The net profit attributable to shareholders is expected to be 600 million, 746 million, and 953 million yuan for the same period [3][4]. - The forecasted earnings per share for 2024, 2025, and 2026 are 1.33, 1.65, and 2.11 yuan, respectively [4]. Market Position - The company is positioned well within the automotive diagnostic tools market and is experiencing robust growth in its overseas charging pile business, which is seen as a second growth curve [2][3]. - The company’s total market capitalization is approximately 14.48 billion yuan, with a closing price of 32.04 yuan [5]. Financial Ratios - The projected P/E ratios for 2024, 2025, and 2026 are 80.78, 24.12, and 19.40, respectively, indicating a significant decrease in valuation multiples as earnings grow [4]. - The company’s return on equity (ROE) is expected to improve from 5.57% in 2023 to 17.62% by 2026 [4]. Conclusion - The company is experiencing high growth driven by favorable market conditions and strategic positioning in the new energy sector, making it an attractive investment opportunity [1][2][3].

Summary of Conference Call Company and Industry - The conference call focuses on Minsheng Telecom and its report on Gaofeng Technology, particularly in the context of the charging station industry [1] Core Points and Arguments - The speaker highlights a previous recommendation made regarding charging stations last year, indicating a positive outlook on the sector [1] Other Important Content - The call emphasizes the importance of the charging station market, suggesting ongoing interest and potential investment opportunities in this area [1]

| 股票代码：688208 | 股票简称：道通科技 | 公告编号：2024-083 | | --- | --- | --- | | 转债代码：118013 | 转债简称：道通转债 | | 深圳市道通科技股份有限公司监事会 关于 2024 年限制性股票激励计划激励对象名单 公示情况及审核意见的说明 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、准确性和完整性依法承担法律责任。 签订的劳动合同或聘用合同、拟激励对象在公司（含子公司）担任的职务等。 二、监事会核查意见 根据《激励计划（草案）》《管理办法》《公司章程》的相关规定及《激励对象 名单》的公示结果，公司监事会对《激励对象名单》进行了核查并发表如下核查意 见： 1、列入本次激励计划《激励对象名单》的人员具备《中华人民共和国公司法》 （以下简称"《公司法》"）、《管理办法》等法律法规和规范性文件及《公司章程》 规定的任职资格。 深圳市道通科技股份有限公司（以下简称"公司"）于2024年9月28日召开的第 四届董事会第十四次会议、第四届监事会第八次会议审议通过了《关于<公司2024年 限制性股票激励计划（草 ...

Investment Rating - The report maintains a "Buy" rating for the company [1][4]. Core Views - The company is expected to achieve significant revenue growth in the first three quarters of 2024, with projected revenue between 2.66 billion to 2.94 billion yuan, representing a year-on-year increase of 21% to 34%, with a median estimate of 2.8 billion yuan, which is a 28% increase year-on-year [1]. - The non-GAAP net profit is forecasted to be between 420 million to 470 million yuan, corresponding to a year-on-year increase of 57% to 76%, with a median estimate of 450 million yuan, reflecting a 66% year-on-year growth [1]. - The company has established a strong competitive position in the digital repair and digital energy sectors, leveraging its core technologies and extensive product offerings to drive growth and build long-term competitive barriers [2][4]. - The company is well-positioned to benefit from the growth of the charging station market in the U.S., which currently lags behind Europe and China in terms of charging station availability [3]. Summary by Sections Financial Performance - The total revenue for 2022 was 2.266 billion yuan, with a forecasted increase to 3.251 billion yuan in 2023, and further growth to 4.111 billion yuan in 2024, 5.223 billion yuan in 2025, and 6.712 billion yuan in 2026, reflecting a compound annual growth rate [1][10]. - The net profit attributable to shareholders is projected to rise from 102.03 million yuan in 2022 to 179.23 million yuan in 2023, and significantly to 631.09 million yuan in 2024, indicating a robust growth trajectory [1][10]. Market Position and Strategy - The company is focusing on high-intensity R&D investments to align technological innovations with market demands, maintaining its core technology advantages in the industry [2]. - In the digital repair sector, the company has established a strong presence in the North American and European automotive aftermarket, which is expected to continue contributing to profit and cash flow [4]. Valuation Metrics - The current P/E ratio is 92.63 for 2023, expected to decrease to 26.31 in 2024, 24.35 in 2025, and 18.12 in 2026, indicating an improving valuation as earnings grow [1][11]. - The projected ROE is expected to rise from 5.57% in 2023 to 16.63% in 2024, reflecting enhanced profitability [11].

Investment Rating - The report gives a "Buy" rating for the company, recommending it for investment based on its growth potential and strategic positioning in the market [3]. Core Insights - The company has established a strong global presence in automotive electronics and is expanding its footprint in the electric vehicle charging station market, driven by both policy support and market demand [1][9]. - The company has a diversified product matrix in the charging station sector, including AC and DC charging solutions, and has successfully launched several high-power charging products in 2023 [1][21]. - Financial projections indicate significant growth in net profit, with expected figures of 517 million, 703 million, and 845 million yuan for 2024, 2025, and 2026 respectively, reflecting growth rates of 188.3%, 36.1%, and 20.2% [1][2]. Summary by Sections 1. Business Overview - The company has been deeply involved in the automotive aftermarket for over a decade, focusing on automotive diagnostics and expanding into the electric vehicle charging market [16][21]. - The company has a robust organizational structure for overseas operations, with subsidiaries in key markets such as North America, Europe, and Japan [17]. 2. Industry Analysis - The charging station industry is experiencing a boom due to supportive policies and increasing demand for electric vehicles, with a projected need for more charging infrastructure to meet the growing number of electric vehicles [29][30]. - The domestic market shows a significant gap between the number of electric vehicles and available charging stations, indicating a strong growth opportunity for charging infrastructure [31][32]. 3. Financial Performance - The company reported a revenue of 3.251 billion yuan in 2023, a year-on-year increase of 43.5%, with the charging business showing exceptional growth of 493.21% [24]. - The net profit for 2023 was 1.79 billion yuan, reflecting a 75.66% increase compared to the previous year, indicating a strong recovery and growth trajectory [24][25].

| 证券代码：688208 | 证券简称：道通科技 公告编号：2024-080 | | --- | --- | | 转债代码：118013 | 转债简称：道通转债 | 深圳市道通科技股份有限公司 关于以集中竞价交易方式回购公司股份的进展公告 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： | 回购方案首次披露日 | 2023/12/19 | | | | | | | --- | --- | --- | --- | --- | --- | --- | | 回购方案实施期限 | 2023 年 月 18 日~2024 年 | 12 | 月 | 17 | 日 | 12 | | 预计回购金额 | 万元 10,000 万元~20,000 | | | | | | | 回购用途 | □减少注册资本 √用于员工持股计划或股权激励 □用于转换公司可转债 | | | | | | | | □为维护公司价值及股东权益 | | | | | | | 累计已回购股数 | 7,665,527 股 | | | | | | | 累计已回购股数占总 ...

股票代码：688208 股票简称：道通科技 公告编号：2024-081 深圳市道通科技股份有限公司 可转债转股结果暨股份变动公告 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： ● 累计转股情况：截至 2024 年 9 月 30 日，"道通转债"累计共有人民币 258,000 元已转换为公司股票，累计转股数量 7,411 股，占"道通转债"转股前公司已发行股 份总额的 0.0016%。 转债代码：118013 转债简称：道通转债 ● 未转股可转债情况：截至 2024 年 9 月 30 日，"道通转债"尚未转股的可转债 金额为 1,279,742,000 元，占"道通转债"发行总量的 99.9798%。 ● 本季度转股情况：自 2024 年 7 月 1 日至 2024 年 9 月 30 日期间，"道通转债" 共有人民币 0 元已转换为公司股票，转股数量为 0 股。 一、可转债发行上市概况 经中国证监会"证监许可〔2022〕852 号"文核准，深圳市道通科技股份有限 公司（以下简称"公司"或"本公司"）于 20 ...

Revenue Projections - Estimated revenue for the first three quarters of 2024 is projected to be between CNY 2.66 billion and CNY 2.94 billion, representing a year-on-year increase of 21.48% to 34.27%[1]. - The previous year's revenue was CNY 2.19 billion, and the net profit attributable to the parent company was CNY 266.53 million[2]. Profit Projections - Estimated net profit attributable to the parent company for the same period is expected to be between CNY 520 million and CNY 570 million, reflecting a significant year-on-year growth of 95.10% to 113.86%[1]. - Estimated net profit attributable to the parent company after deducting non-recurring gains and losses is projected to be between CNY 420 million and CNY 470 million, indicating a year-on-year increase of 56.85% to 75.53%[1]. - Non-recurring gains are estimated to be approximately CNY 97.70 million, primarily from the transfer of equity in a subsidiary[3]. Company Strategy and Operations - The company is focusing on product and technology innovation to maintain its leading position in the digital maintenance industry and is expanding into the overseas new energy charging market[3]. - The company is undergoing digital transformation and organizational capability building to optimize key operational areas such as R&D, marketing, and supply chain management[3]. Financial Reporting and Risks - The performance forecast has not been audited by a registered accountant and is based on internal financial department estimates[4]. - Investors are advised to pay attention to investment risks as the financial data is preliminary and subject to change in the official Q3 report[5].

深圳市道通科技股份有限公司 2024 年第三次临时股东大会会议资料 二〇二四年十月 目录 | 一、2024 | 年第三次临时股东大会会议须知 | | 1 | | --- | --- | --- | --- | | 二、2024 | 年第三次临时股东大会会议议程 | | 3 | | 三、议案 | 1：关于《公司 2024 | 年员工持股计划（草案）》及其摘要的议案 | 5 | | 四、议案 | 年员工持股计划管理办法》的议案 2：关于《公司 2024 | | 6 | | 五、议案 | 3：关于提请股东大会授权董事会办理公司 | 2024 年员工持股计划相关事宜的议案 | 7 | | 六、议案 | 4：关于《公司 2024 | 年限制性股票激励计划（草案）》及其摘要的议案 | 9 | | 七、议案 | 5：关于《公司 2024 | 年限制性股票激励计划实施考核管理办法》的议案 | 10 | | 八、议案 | 6：关于提请股东大会授权董事会办理公司 | 2024 年限制性股票激励计划相关事宜的议 | | | 案 | 11 | | | 深圳市道通科技股份有限公司（688208）2024 年第三次临时股东大会会议资料 ...