证券代码：688249 证券简称：晶合集成 公告编号：2024-038 合肥晶合集成电路股份有限公司 第二届监事会第四次会议决议公告 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。 一、监事会会议召开情况 合肥晶合集成电路股份有限公司（以下简称"公司"）第二届监事会第四次 会议于 2024 年 5 月 31 日以现场和通讯相结合的方式在公司会议室召开，会议通 知于 2024 年 5 月 23 日以电子邮件方式送达全体监事。本次会议由监事会主席杨 国庆主持，应参加本次监事会会议的监事 3 名，实际参加本次监事会会议的监事 3 名。 本次会议召开符合《中华人民共和国公司法》（以下简称"《公司法》"）《上 海证券交易所科创板股票上市规则》（以下简称"《上市规则》"）等有关法律、行 政法规、部门规章、规范性文件和《合肥晶合集成电路股份有限公司章程》（以 下简称"《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 (一) 审议通过《关于使用部分闲置募集资金进行现金管理的议案》 公司在保证不影响募集资金投资项目正常实 ...

证券代码：688249 证券简称：晶合集成 公告编号：2024-039 合肥晶合集成电路股份有限公司 关于召开 2023 年年度股东大会的通知 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 2023 年年度股东大会 召开日期时间：2024 年 6 月 27 日 14 点 00 分 召开地点：安徽省合肥市新站区合肥综合保税区内西淝河路 88 号公司会议 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 6 月 27 日 至 2024 年 6 月 27 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6月27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：董事会 （三 ...

证券代码：688249 证券简称：晶合集成 公告编号：2024-036 合肥晶合集成电路股份有限公司 关于向 2023 年限制性股票激励计划激励对象 授予预留部分限制性股票的公告 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： 合肥晶合集成电路股份有限公司（以下简称"公司"）《2023 年限制性股票激 励计划》（以下简称"《激励计划》"或"本激励计划"）及其摘要规定的限制性股 票预留授予条件已经成就，根据公司 2023 年第二次临时股东大会的授权，公司 于 2024 年 5 月 31 日召开第二届董事会第五次会议、第二届监事会第四次会议， 审议通过了《关于向 2023 年限制性股票激励计划激励对象授予预留部分限制性 股票的议案》，确定 2024 年 5 月 31 日为预留授予日，以人民币 10.07 元/股的授 予价格向 6 名激励对象授予 2,006,135 股限制性股票。现将有关事项说明如下： 一、限制性股票授予情况 （一）本次限制性股票授予已履行的决策程序和信息披露情况 1、2023 年 8 月 14 ...

一、董事会会议召开情况 合肥晶合集成电路股份有限公司（以下简称"公司"）第二届董事会第五次 会议于 2024 年 5 月 31 日以现场和通讯相结合的方式在公司会议室召开，会议通 知于 2024 年 5 月 23 日以电子邮件方式送达全体董事。本次会议由董事长蔡国智 召集并主持，应参加本次董事会会议的董事 9 名，实际参加本次董事会会议的董 事 9 名。 本次会议的召集和召开符合《中华人民共和国公司法》《上海证券交易所科 创板股票上市规则》等有关法律、行政法规、部门规章、规范性文件和《合肥晶 合集成电路股份有限公司章程》的有关规定，会议决议合法、有效。 二、董事会会议审议情况 （一）审议通过《关于续聘会计师事务所的议案》 同意公司续聘容诚会计师事务所（特殊普通合伙）担任公司 2024 年度的财 务报告和内部控制审计机构，聘期 1 年，并同意将该方案提交公司 2023 年年度 股东大会审议。 表决结果：9 票赞成；0 票弃权；0 票反对。 证券代码：688249 证券简称：晶合集成 公告编号：2024-037 合肥晶合集成电路股份有限公司 第二届董事会第五次会议决议公告 本公司董事会及全体董事保证本公告内容不存 ...

Investment Rating - The report maintains a "Buy-A" rating for Nexchip (688249 SH) [1] Core Views - Nexchip achieved rapid growth in Q1 2024 with revenue of 2 228 billion yuan up 104 44% YoY and net profit attributable to shareholders of 792 59 million yuan up 123 98% YoY [1] - The growth is attributed to the recovery of the semiconductor industry improved product competitiveness and high capacity utilization [1] - CIS and 55nm process revenue increased significantly with CIS becoming the second major product line [1] - The company is expected to benefit from the recovery of the display panel industry and the mass production of its OLED platform [1] Business Performance - In Q1 2024 Nexchip's revenue breakdown by product was DDIC (71 82%) CIS (13 27%) PMIC (8 69%) Logic (3 48%) and MCU (2 66%) [1] - By process node 55nm accounted for 10 23% of revenue 90nm for 44 69% 110nm for 30 88% and 150nm for 14 21% [1] - The 55nm process saw rapid growth due to mass production and high market demand [1] Future Outlook - Nexchip is expected to achieve revenue of 10 069 billion yuan in 2024 12 890 billion yuan in 2025 and 15 210 billion yuan in 2026 with YoY growth rates of 39 0% 28 0% and 18 0% respectively [3] - Net profit attributable to shareholders is forecasted to be 817 million yuan in 2024 1 213 billion yuan in 2025 and 1 515 billion yuan in 2026 [3] - The company is advancing its OLED platform with 40nm high-voltage OLED display driver chips expected to achieve small-scale mass production in Q2 2024 [1] Industry Context - The display panel industry is expected to recover in 2024 with display panel sales projected to grow by 7% YoY [1] - DDIC demand is expected to rebound to 8 2 billion units a 4% YoY increase [1] - Chinese panel manufacturers like BOE Visionox and Tianma are expanding OLED production which is expected to drive demand for OLED panel driver chips [1]

证券代码：688249 证券简称：晶合集成 公告编号：2024-031 重要内容提示： 投资者可在 2024 年 5 月 16 日（星期四）16:00 前通过邮件、电话等形式将 需要了解和关注的问题提前提供给公司。公司将在业绩说明会文字互动环节对投资 者普遍关注的问题进行回答。 合肥晶合集成电路股份有限公司（以下简称"公司"）已于 2024 年 4 月 15 日、 2024 年 4 月 30 日发布公司 2023 年年度报告、2024 年第一季度报告，为便于广大 投资者更全面深入地了解公司 2023 年度和 2024 年第一季度的经营成果、财务状况 以及发展理念，公司参与了由上海证券交易所主办的 2023 年度科创板半导体材料 集体业绩说明会，此次活动将以线上文字互动的方式举行，投资者可登录上海证券 交易所上证路演中心（http://roadshow.sseinfo.com/）参与线上文字互动交流。 一、说明会类型 本次投资者说明会以线上文字互动形式召开，公司将针对 2023 年度及 2024 年第一季度的经营成果及财务指标的具体情况与投资者进行互动交流，在信息披露 允许的范围内就投资者普遍关注的问题进行回答 ...

Investment Rating - The report maintains a "Buy" rating for the company with a target price of 17.60 CNY over the next six months [1][11]. Core Insights - The company's Q1 2024 performance exceeded expectations, with a significant increase in revenue from 55nm products, indicating a recovery in market demand and improved operational efficiency [2][11]. - The company reported a total revenue of 7.24 billion CNY for 2023, a decrease of 27.9% year-on-year, but Q4 2023 showed a recovery with a revenue of 2.23 billion CNY, up 42.9% quarter-on-quarter [2][11]. - For Q1 2024, the company achieved a revenue of 2.23 billion CNY, representing a year-on-year growth of 104.4% [2][11]. Summary by Sections Financial Performance - The company’s revenue for 2023 was 7.24 billion CNY, with a net profit of 211.63 million CNY, down 93.1% year-on-year. The Q1 2024 revenue was 2.23 billion CNY, with a net profit of 80 million CNY, up 124% year-on-year [2][3][11]. - The gross margin for 2023 was 21.6%, while Q1 2024 saw an increase to 25.0% [2][11]. - The company’s cash flow from operating activities improved significantly in Q1 2024, with a net cash flow of 400 million CNY, up 197.2% year-on-year [2][11]. Product and Market Development - The product structure has been optimized, with the revenue share of 55nm products increasing significantly. In 2023, 55nm products accounted for 7.9% of total revenue, which further increased to 10.2% in Q1 2024 [2][11]. - The company is actively expanding its market presence in the OLED driver chip sector and has made progress in developing 40nm and 28nm technologies [2][11]. Earnings Forecast - The company is expected to achieve net profits of 880 million CNY, 1.38 billion CNY, and 1.58 billion CNY for 2024, 2025, and 2026, respectively, with corresponding growth rates of 317.8%, 55.6%, and 14.8% [3][11]. - The projected revenue for 2024 is 10.10 billion CNY, reflecting a growth rate of 39.4% [3][11]. Valuation - The report assigns a PE ratio of 40 for 2024, leading to a target price of 17.60 CNY, based on the company's strong market position and growth potential in the display driver IC sector [11][12].

证券代码：688249 证券简称：晶合集成 公告编号：2024-030 合肥晶合集成电路股份有限公司 三、 其他事项 | 回购方案首次披露日 | 2023/12/25 | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | | 回购方案实施期限 | 2024 年 3 月 日~2025 | 15 | 年 | 3 | 14 | 月 | 日 | | 预计回购金额 | 元~1,000,000,000 500,000,000 | | | | | 元 | | | 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 | 股 28,427,887 | | | | | | | | 累计已回购股数占总股本比例 | 1.42% | | | | | | | | 累计已回购金额 | 395,715,131.95 元 | | | | | | | | 实际回购价格区间 | 元/股~14.76 元/股 12.97 | | | | ...

Investment Rating - The report maintains a "Strong Buy" rating for the company with a target price of 19.4 CNY, compared to the current price of 14.84 CNY [2][3]. Core Views - The company's Q1 2024 performance shows significant improvement with a revenue of 2.228 billion CNY, representing a year-on-year increase of 104.44% and a slight quarter-on-quarter increase of 0.06%. The gross margin is 24.99%, up 16.96 percentage points year-on-year, while the net profit attributable to shareholders is 79 million CNY, marking a turnaround from losses [2][3]. - The company benefits from the recovery in the semiconductor industry and the shift of the panel supply chain to mainland China, which is expected to enhance its operational performance [3]. - The company is expanding its product offerings and improving its technological capabilities, with significant advancements in high-end processes and multiple platforms, which are anticipated to drive future revenue growth [3]. Financial Summary - For 2024, the company is projected to achieve total revenue of 10.054 billion CNY, a year-on-year growth of 38.8%. The net profit attributable to shareholders is forecasted to be 800 million CNY, reflecting a substantial increase of 277.9% [4]. - The earnings per share (EPS) for 2024 is estimated at 0.40 CNY, with a price-to-earnings (P/E) ratio of 35 [4]. - The company’s total assets are expected to grow from 48.156 billion CNY in 2023 to 49.915 billion CNY in 2024, indicating a healthy balance sheet [10].

Financial Performance - The company's operating revenue for Q1 2024 reached ¥2,227,893,274.41, representing a year-on-year increase of 104.44%[4] - Net profit attributable to shareholders was ¥79,258,819.88, up 123.98% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥57,309,730.50, reflecting a 114.87% increase year-on-year[4] - The gross profit margin for the reporting period was 24.99%, an increase of 16.97 percentage points from the previous year[7] - The company reported a net profit margin improvement, with net profit for Q1 2024 reflecting a positive trend compared to the previous year, although specific figures were not disclosed[23] - In Q1 2024, the company reported a net profit of ¥81,851,707.70, a significant recovery from a net loss of ¥376,183,403.33 in Q1 2023[25] - Operating profit for Q1 2024 was ¥81,831,322.79, compared to an operating loss of ¥377,049,773.30 in the same period last year[25] - The total comprehensive income for Q1 2024 was ¥58,274,024.07, a recovery from a loss of ¥368,365,223.97 in Q1 2023[26] - The company reported a basic earnings per share of ¥0.04, recovering from a loss per share of ¥0.22 in Q1 2023[26] Cash Flow and Assets - The net cash flow from operating activities was ¥394,884,867.30, a significant increase of 197.22% year-on-year[5] - Cash flow from operating activities generated ¥394,884,867.30, a turnaround from a negative cash flow of ¥406,170,449.04 in Q1 2023[29] - The company's cash and cash equivalents as of March 31, 2024, amount to ¥6,657,547,598.54, an increase from ¥6,526,227,588.45 at the end of 2023[19] - Cash and cash equivalents in current assets totaled ¥11,016,346,629.04, down from ¥11,945,325,034.37, a decline of 7.8%[21] - The company’s cash and cash equivalents at the end of Q1 2024 stood at ¥6,645,849,022.59, an increase from ¥5,863,998,702.12 at the end of Q1 2023[30] - The total assets at the end of the reporting period were ¥48,060,609,752.13, a slight decrease of 0.20% compared to the end of the previous year[5] - The company's total assets amounted to ¥48,060,609,752.13, slightly down from ¥48,156,279,600.77 at the end of the previous period[22] - Total liabilities decreased to ¥25,853,698,686.95 from ¥26,018,114,392.43, indicating a reduction of 0.6%[21] - The equity attributable to shareholders increased to ¥21,475,957,690.11, up from ¥21,409,804,721.09, showing a growth of 0.3%[22] Research and Development - Research and development expenses totaled ¥297,716,502.67, accounting for 13.36% of operating revenue, a decrease of 9.56 percentage points from the previous year[5] - Research and development expenses increased to ¥297,716,502.67 in Q1 2024, compared to ¥249,790,931.30 in Q1 2023, reflecting a growth of 19.2%[23] - The company plans to commence small-scale production of its self-developed 40nm high-voltage OLED display driver chip in Q2 2024[6] Shareholder Information - Total number of common shareholders at the end of the reporting period is 86,102[11] - The top 10 shareholders hold a total of 1,418,000,000 shares, representing 70.00% of total shares[11] - The largest shareholder, Hefei Construction Investment Holding Group Co., Ltd., owns 468,474,592 shares, accounting for 23.35%[11] Future Plans and Strategies - The company plans to repurchase shares with a total amount not less than ¥500 million and not exceeding ¥1 billion, at a price not exceeding ¥25.26 per share[17] - The repurchase period is set for 12 months from the approval date by the shareholders' meeting[17] - The company plans to expand its market presence and invest in new technologies, although detailed strategies were not specified in the report[23] Financial Reporting and Compliance - The company has adopted new accounting standards starting from 2024, which may affect the financial statements for the year[31] - The financial report is presented by the company's leadership team, including the head of accounting and the accounting institution head[31] - The announcement was made on April 29, 2024, indicating the company's commitment to transparency in financial reporting[31] - The report does not specify any financial performance metrics or user data for the first quarter of 2024[31] - There are no details provided regarding future outlook, performance guidance, new product development, or market expansion strategies[31] - The document does not mention any mergers or acquisitions planned by the company[31] - No specific revenue figures or percentage changes are included in the report[31] - The company has not disclosed any new strategies or technological advancements in this report[31] - The report is structured to comply with the latest accounting regulations, ensuring accuracy in financial reporting[31] - The document serves as a formal announcement from the board of directors of Hefei Jinghe Integrated Circuit Co., Ltd.[31]