证券代码：688261 证券简称：东微半导 苏州东微半导体股份有限公司 投资者关系活动记录表 （2024 年第三季度业绩说明会） 编号：IR2024-007 | --- | --- | --- | --- | --- | |------------------------------------------|-----------------------------|------------|---------------------------|---------------------------------------------------------------------------------------------| | | | | □特定对象调研 □分析师会议 | | | | □媒体采访 | 业绩说明会 | | | | 投资者关系活动类别 | □新闻发布会 □路演活动 | | | | | | □现场参观 □电话会议 | | | | | | □其他 | | | | | | | | | 参与单位名称及人员姓名 线上参与公司 2024 年第三季度业绩说明会的全体投 | | | 资者 | | | | ...

Company Overview - Suzhou Dongwei Semiconductor Co., Ltd. focuses on high-performance power device R&D and sales, offering products like high-voltage super junction MOSFETs, medium and low-voltage shielded gate MOSFETs, TGBT products, and SiC MOSFETs [1] - The company targets industrial and automotive applications, including photovoltaic inverters, energy storage, electric vehicle onboard chargers, DC charging piles, 5G base station power supplies, data center power supplies, and industrial lighting [1] Financial Performance - For the first three quarters of 2024, the company reported revenue of CNY 680.518 million, a decrease of 11.62% year-on-year [1] - Net profit attributable to shareholders was CNY 30.638 million, down 76.73% compared to the previous year [2] - The net profit after deducting non-recurring gains and losses was CNY 4.296 million, a significant decrease of 96.37% year-on-year [2] - Despite the overall decline, the company experienced a quarter-on-quarter growth trend in revenue and net profit, with notable increases in shipments for onboard chargers and communication power supplies [2] Product Differentiation - The company operates under a Fabless model, distinguishing itself from other domestic power semiconductor firms [2] - The diverse demand in the power semiconductor sector leads to a wide range of product specifications, allowing for the creation of thousands of product models [2] - The company aims to build competitive barriers and create differentiated advantages in the market [2] Future Development - Future R&D will focus on enhancing product categories in industrial and automotive sectors, aligning with market demands [3] - The company plans to adjust its product structure and direction to better respond to market competition [3] - Marketing strategies will prioritize the domestic market while gradually expanding into overseas markets, considering geopolitical and monetary policy impacts [3]

证券代码：688261 证券简称：东微半导 苏州东微半导体股份有限公司 投资者关系活动记录表 编号：IR2024-005 | --- | --- | --- | --- | --- | |-----------------------------------------------|---------------------------|-----------------------------------------------------------------------------------------|-------|-------| | | | | | | | | □特定对象调研 □分析师会议 | | | | | | □媒体采访 □业绩说明会 | | | | | 投资者关系活动类别 | □新闻发布会 □路演活动 | | | | | | □现场参观 □电话会议 | | | | | | √其他: | 2024 年苏州上市公司投资者集体接待日 | | | | 参与单位名称 | | 在线参与"2024 年苏州上市公司投资者集体接待日" | | | | | 的所有投资者 | | | | | 会议地点 线上 ...

证券代码：688261 证券简称：东微半导 公告编号：2024-038 苏州东微半导体股份有限公司 关于召开2024年第三季度业绩说明会的公告 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： 一、说明会类型 苏州东微半导体股份有限公司（以下简称"公司"）已于 2024 年 10 月 30 日在上海证券交易所网站（www.sse.com.cn）披露了《苏州东微半导体股份有限 会议召开时间：2024 年 11 月 15 日（星期五）15:00-16:00 会议召开方式：网络互动方式 会议召开地点：价值在线（www.ir-online.cn） 会议问题征集：投资者可于 2024 年 11 月 15 日（星期五）下午 14:00 前 访问网址 https://eseb.cn/1jbkarngKGc 或使用微信扫描下方小程序码 进行会前提问，公司将通过本次业绩说明会，在信息披露允许范围内就 投资者普遍关注的问题进行回答。 公司 2024 年第三季度报告》。为便于广大投资者更加全面深入地了解公司经营 业绩、发展战略等情 ...

Financial Performance - In the first three quarters of 2024, the company achieved operating revenue of CNY 680.52 million, a decrease of 11.62% compared to the same period last year [1] - The net profit attributable to shareholders was CNY 30.64 million, down 76.73% year-on-year [1] - The net profit after deducting non-recurring gains and losses was CNY 4.30 million, a decrease of 96.37% compared to the previous year [1] - In Q3 2024, the operating revenue was CNY 260.98 million, an increase of 5.91% from Q2 2024 [1] - The net profit attributable to shareholders in Q3 2024 was CNY 13.70 million, showing a quarter-on-quarter growth [1] Product and Market Insights - The company maintained continuous growth in product shipments, particularly in industrial and communication power supply sectors, including 5G base station power supplies and data center power supplies [2] - Key applications include automotive and industrial-grade applications, with notable demand for onboard chargers and communication power supplies [2] - The company is actively adjusting its product mix and advancing technology iterations to improve product performance and cost [2] Strategic Direction - The company is focused on high-quality industrial mergers and acquisitions to enhance its core business and diversify its development [3] - There is an emphasis on expanding overseas markets while maintaining a strong foundation in the domestic market [3] - The company plans to optimize its product mix and costs to improve gross margins in response to competitive pressures [2][3] Future Outlook - The company aims to leverage its resources and brand influence to enhance production capacity and support its Fabless model [3] - There is a commitment to expanding the existing product categories to better serve downstream customers, particularly in automotive and industrial sectors [4]

证券代码:688261 证券简称:东微半导 公告编号: 2024-037 苏州东微半导体股份有限公司 关于参加苏州上市公司投资者集体接待日活动 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。 为进一步加强与投资者的互动交流,苏州东微半导体股份有限公司(以下简 称"公司"）将参加"苏州上市公司投资者集体接待日"活动，现将相关事项公 告如下: 出席本次投资者集体接待日的人员：公司董事会秘书李麟。 本次活动将采用网络远程的方式举行,投资者可登录"全景路演" (http://rs.p5w.net),或关注微信公众号:全景财经,或下载全景路演 APP, 参与本次互动交流。 活动时间: 2024年11月6日(星期三)15:30-17:00。 届时公司高管将在线就公司经营成果、财务状况等情况,在上市公司信息披 露规定允许的范围内就投资者普遍关注的问题进行沟通与交流。欢迎广大投资者 踊跃参与! 特此公告。 苏州东微半导体股份有限公司董事会 2024 年 11 月 2 日 ...

证券代码：688261 证券简称：东微半导 公告编号：2024-037 苏州东微半导体股份有限公司 关于参加苏州上市公司投资者集体接待日活动 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。 为进一步加强与投资者的互动交流，苏州东微半导体股份有限公司（以下简 称"公司"）将参加"苏州上市公司投资者集体接待日"活动，现将相关事项公 告如下： 出席本次投资者集体接待日的人员：公司董事会秘书李麟。 本次活动将采用网络远程的方式举行，投资者可登录"全景路演" （http://rs.p5w.net），或关注微信公众号：全景财经，或下载全景路演 APP， 参与本次互动交流。 活动时间：2024 年 11 月 6 日（星期三）15:30-17:00。 届时公司高管将在线就公司经营成果、财务状况等情况，在上市公司信息披 露规定允许的范围内就投资者普遍关注的问题进行沟通与交流。欢迎广大投资者 踊跃参与！ 特此公告。 苏州东微半导体股份有限公司董事会 2024 年 11 月 2 日 ...

Investment Rating - The report maintains a "Buy" rating for the company [3][4]. Core Views - The company's revenue performance improved sequentially in Q3 2024, with a revenue of 261 million yuan, representing a year-on-year increase of 10.17% and a quarter-on-quarter increase of 5.91% [3]. - The gross profit margin has been gradually recovering due to product mix optimization and technological upgrades, reaching 18.22% in Q3 2024, an increase of 3.39 percentage points from the previous quarter [3]. - The company has shown confidence in its long-term development by completing a share buyback plan, repurchasing 434,857 shares at a total cost of approximately 26.02 million yuan [3]. Summary by Sections Financial Performance - For the first three quarters of 2024, the company achieved a revenue of 681 million yuan, down 11.62% year-on-year, and a net profit attributable to shareholders of 30.64 million yuan, down 76.73% year-on-year [3]. - The adjusted net profit after excluding non-recurring items was 4.30 million yuan, a decrease of 96.37% year-on-year [3]. Operational Analysis - The demand in the downstream market for power devices is recovering, leading to a gradual improvement in revenue and performance [3]. - Inventory turnover days decreased slightly from 167.63 days in the first half of 2024 to 164.77 days in Q3 2024, while accounts receivable turnover days improved from 52.55 days to 48.83 days [3]. Profit Forecast and Valuation - The forecast for net profit attributable to shareholders for 2024-2026 is 73 million, 152 million, and 254 million yuan, respectively, with corresponding EPS of 0.59, 1.24, and 2.07 yuan [4]. - The current stock price corresponds to P/E ratios of 79, 38, and 23 times for the years 2024, 2025, and 2026, respectively [4].

苏州东微半导体股份有限公司 舆情管理制度 苏州东微半导体股份有限公司 舆情管理制度 （2024 年 10 月） 第一章 总则 第一条 为提高苏州东微半导体股份有限公司（以下简称"公司"）应对各 类舆情、建立快速反应和应急处置机制的能力，及时、妥善处置各类舆情对公 司股价、公司商业信誉及正常经营活动所造成的影响，切实保护投资者合法权 益，根据《上海证券交易所科创板股票上市规则》及其他有关法律法规，结合 《苏州东微半导体股份有限公司章程》（以下简称" 《公司章程》"）和公司实际 情况，特制定本制度。 第二条 本制度所称舆情包括： （一）报刊、电视、网络等媒体对公司进行的报道； （二）社会上存在的已经或将给公司造成影响的传言或信息； （三）可能或者已经影响社会公众投资者投资取向，造成股价异常波动的 信息； （四）其他涉及上市公司信息披露，可能或者已经影响社会公众投资者投 资取向，或可能影响公司股票及衍生品交易价格的信息。 第二章 舆情管理的组织体系及其工作职责 第三条 公司应对各类舆情实行统一领导、统一组织、快速反应、协同应对 的方针，注重职能部门的响应与协作，提高防范声誉风险和处置声誉事件的能 力和效率。 第四条 ...

Financial Performance - Revenue for Q3 2024 was CNY 260,983,640.60, an increase of 10.17% compared to the same period last year[2] - Net profit attributable to shareholders for Q3 2024 was CNY 13,696,615.67, a decrease of 56.53% year-on-year[2] - Net profit excluding non-recurring gains and losses for Q3 2024 was CNY 2,633,277.18, down 89.88% from the previous year[2] - Basic earnings per share for Q3 2024 was CNY 0.11, a decrease of 57.69% compared to the same period last year[4] - Total operating revenue for the first three quarters of 2024 was ¥680,518,037.70, a decrease of 11.56% compared to ¥769,970,294.40 in the same period of 2023[20] - Net profit for the third quarter of 2024 was ¥30,638,042.81, a decline of 76.80% from ¥131,644,767.71 in the third quarter of 2023[21] - Basic earnings per share for the third quarter of 2024 was ¥0.25, down from ¥1.07 in the same quarter of 2023[22] Assets and Liabilities - Total assets at the end of Q3 2024 were CNY 3,039,157,810.49, an increase of 0.91% from the end of the previous year[4] - The total liabilities as of September 30, 2024, were RMB 149,020,801.83, slightly down from RMB 149,622,553.40 at the end of 2023[18] - The company's total equity increased to RMB 2,890,137,008.66 from RMB 2,862,140,980.04, showing a growth of about 1%[19] - The company's cash and cash equivalents decreased to RMB 1,008,063,521.48 from RMB 2,250,670,521.90, reflecting a decline of approximately 55.3%[16] Cash Flow - Cash flow from operating activities for the year-to-date was CNY -7,720,439.57, a decrease of 110.40% year-on-year[2] - Cash flow from operating activities for the first three quarters of 2024 was negative at -¥7,720,439.57, compared to positive cash flow of ¥74,261,308.58 in the same period of 2023[24] - The net cash flow from financing activities was -63,145,075.75 CNY, compared to -72,844,361.96 CNY in the previous period[25] - The total cash and cash equivalents at the end of the period amounted to 1,008,063,521.48 CNY, down from 1,937,709,794.12 CNY at the beginning of the period[25] - The net increase in cash and cash equivalents was -1,242,606,989.82 CNY, compared to -366,399,661.86 CNY in the previous period[25] Shareholder Information - The total number of common shareholders at the end of the reporting period is 9,756[8] - The largest shareholder, Wang Pengfei, holds 14,795,198 shares, accounting for 12.07% of total shares[9] - The second-largest shareholder, Suzhou Industrial Park Origin Venture Capital Co., Ltd., holds 13,963,950 shares, representing 11.40%[9] - The total number of shares held by the top 10 unrestricted shareholders is 44,000,000[11] - The report indicates that there are no changes in the top 10 shareholders due to securities lending[13] - The company has not disclosed any related party transactions among the top shareholders[10] Research and Development - R&D investment for Q3 2024 was CNY 15,910,397.16, a decrease of 21.96% year-on-year[4] - The proportion of R&D investment to revenue was 6.10%, a decrease of 2.51 percentage points compared to the same period last year[4] - Research and development expenses for the first three quarters of 2024 were ¥54,694,342.62, a slight decrease from ¥59,825,058.38 in the previous year[20] Share Repurchase - The company plans to repurchase shares with a total fund of no less than RMB 25 million and not exceeding RMB 50 million, with a maximum repurchase price of RMB 140 per share[13] - The repurchase will utilize part of the excess funds raised from the initial public offering[13] - The company aims to use the repurchased shares for equity incentives and/or employee stock ownership plans[13] - The company repurchased a total of 434,857 shares, representing 0.3549% of the total share capital, with a total expenditure of RMB 26,018,132.75[14] Inventory and Receivables - The company's inventory increased to RMB 361,259,364.90 from RMB 340,350,476.11, marking an increase of approximately 6%[17] - The accounts receivable rose to RMB 130,632,771.92 from RMB 115,494,105.61, indicating an increase of about 13.1%[16] - The long-term equity investments increased to RMB 152,775,177.76 from RMB 128,738,159.58, reflecting a growth of approximately 18.7%[17] Other Financial Metrics - Total operating costs increased to ¥653,711,426.92, up 2.66% from ¥637,071,636.27 in the previous year[20] - Cash inflow from investment activities in the first three quarters of 2024 was ¥3,550,987,207.71, significantly higher than ¥979,791,125.93 in the previous year[24] - Cash outflow from investment activities increased to ¥4,721,712,505.24 in 2024, compared to ¥1,347,619,187.85 in 2023[24] - The company reported a financial income of ¥10,604,271.64 in the third quarter of 2024, compared to ¥1,949,105.32 in the same quarter of 2023[21] - Tax expenses for the first three quarters of 2024 were ¥423,954.88, significantly lower than ¥1,128,549.92 in the same period of 2023[20]