Financial Performance - The company's operating revenue for Q3 2024 was ¥315,659,701.88, representing a year-on-year increase of 16.08%[2] - The net profit attributable to shareholders for Q3 2024 was ¥29,738,477.67, a decrease of 41.85% compared to the same period last year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2024 was ¥21,423,566.84, down 53.22% year-on-year[2] - The basic earnings per share for Q3 2024 was ¥0.19, a decrease of 40.63% compared to the same period last year[2] - Total operating revenue for the first three quarters of 2024 reached ¥894,969,111.33, an increase of 11.2% compared to ¥804,660,891.43 in the same period of 2023[15] - Net profit for the first three quarters of 2024 was ¥89,471,390.93, a decrease of 43.8% from ¥159,572,839.61 in the same period of 2023[16] - The company reported a gross profit of ¥90,160,109.51 for the first three quarters of 2024, down from ¥162,602,313.94 in the same period of 2023[16] Research and Development - The total R&D investment for Q3 2024 was ¥16,849,135.90, an increase of 18.89% compared to the same period last year[2] - The R&D investment accounted for 6.32% of operating revenue, an increase of 5.34 percentage points compared to the end of the previous year[3] - Research and development expenses increased to ¥56,582,575.28, representing a rise of 46.3% compared to ¥38,663,147.45 in the previous year[15] Assets and Liabilities - The total assets as of the end of Q3 2024 were ¥3,947,244,559.28, reflecting a 1.73% increase from the previous year[3] - The total liabilities as of the end of the third quarter of 2024 amounted to ¥1,361,295,219.49, compared to ¥1,316,844,175.40 at the end of the previous year[15] - The equity attributable to shareholders was ¥2,581,510,589.20, a slight increase of 0.71% year-on-year[3] - The total equity attributable to shareholders of the parent company was ¥2,581,510,589.20, an increase from ¥2,563,390,681.43 in the previous year[15] Cash Flow - The cash flow from operating activities for the year-to-date was -¥86,207,530.90, a decline of 42.05% year-on-year[2] - Operating cash inflow for the first three quarters of 2024 reached CNY 612,233,182.68, an increase of 27.2% compared to CNY 481,334,559.81 in the same period of 2023[18] - Net cash outflow from operating activities was CNY -86,207,530.90, worsening from CNY -60,687,985.16 year-over-year[20] - Cash inflow from investment activities totaled CNY 523,233,211.66, up from CNY 379,153,863.94 in the previous year, marking a 38.0% increase[20] - Cash inflow from financing activities amounted to CNY 734,800,000.00, compared to CNY 614,697,376.00 in the previous year, reflecting a 19.5% increase[20] - The ending balance of cash and cash equivalents was CNY 290,042,516.89, compared to CNY 217,820,489.29 at the end of the previous year, indicating a 33.2% increase[20] Shareholder Information - The total number of common shareholders at the end of the reporting period is 6,030[8] - The largest shareholder, Yuan Meihe, holds 25,284,000 shares, accounting for 15.92% of the total shares[8] - The company has not indicated any significant changes in shareholder relationships or actions during the reporting period[9] Inventory and Current Assets - Current assets total RMB 2,153,193,843.68, down from RMB 2,301,720,515.76 in the previous year[11] - Inventory has increased to RMB 617,932,242.29 from RMB 494,225,049.08 year-over-year[11] - The company's fixed assets are valued at RMB 1,314,366,735.84, up from RMB 1,122,244,520.48[12] - Short-term borrowings stand at RMB 681,326,761.11, slightly up from RMB 665,033,454.11[12] - Accounts payable have increased to RMB 238,148,200.13 from RMB 212,067,022.30[12] - The company reported a decrease in cash and cash equivalents to RMB 329,329,888.47 from RMB 574,751,675.64[11] Financial Expenses - The financial expenses for the first three quarters of 2024 were ¥12,369,878.51, compared to a financial income of ¥1,144,268.79 in the previous year[15] - Cash paid to employees rose to CNY 123,319,112.11, compared to CNY 94,778,874.61, marking a 30.2% increase year-over-year[18] - Cash received from tax refunds increased significantly to CNY 73,370,834.10 from CNY 9,951,367.22, a rise of 638.5%[18]

以上变更自本公告发布之日起正式启用，敬请广大投资者知悉。 特此公告 证券代码：688308 证券简称：欧科亿 公告编号：2024-037 株洲欧科亿数控精密刀具股份有限公司 关于变更办公地址及投资者联系电话的公告 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。 株洲欧科亿数控精密刀具股份有限公司（以下简称"公司"）因经营发展需 要，于近日迁入新的办公地址，公司办公地址变更为：湖南省株洲市天元区马家 河街道金龙社区马家河路 588 号，投资者联系电话变更为：0731-22673899,邮政 编码变更为：412007。除上述变更外，公司电子邮箱等其他联系方式均未发生变 化。本次变更后，公司办公地址及联系方式如下： | | 变更前 | 变更后 | | --- | --- | --- | | 办公地址 | 湖南省株洲市芦淞区董家 塅高科园创业四路 8 号 | 湖南省株洲市天元区马家河街道金 龙社区马家河路 588 号 | | 联系电话 | 0731-22673968 | 0731-22673899 | | 邮政编码 | 41200 ...

Investment Rating - The investment rating for the company is "Buy" [5] Core Insights - The company is experiencing pressure on its performance, with a 45% year-on-year decline in net profit attributable to the parent company in the first half of 2024, and a 38% decline in Q2 2024 [2] - Revenue for the first half of 2024 reached 580 million yuan, a year-on-year increase of 8.75%, while net profit attributable to the parent company was 60.09 million yuan, a decrease of 44.58% [2] - The decline in profitability is attributed to the new CNC tool industrial park project entering production and being in the capacity ramp-up phase, leading to lower initial gross margins [2][3] Financial Summary - In the first half of 2024, the company achieved a gross margin of approximately 26.14%, down 6.51 percentage points year-on-year, and a net margin of 10.37%, down 9.98 percentage points year-on-year [2] - The CNC tools segment generated revenue of 321 million yuan, a year-on-year increase of 3.66%, while hard alloy products revenue was 254 million yuan, up 14.35% [2] - The company’s overseas market revenue reached 115 million yuan in the first half of 2024, a significant year-on-year increase of 94.67% [3] Profitability Forecast and Valuation - The forecast for net profit attributable to the parent company for 2024-2026 is 154 million, 219 million, and 294 million yuan, respectively, with a compound annual growth rate (CAGR) of 38% [4] - The corresponding price-to-earnings (P/E) ratios are projected to be 19, 13, and 10 times for the respective years [4]

Investment Rating - The report maintains a "Strong Buy" rating for the company with a target price of 24.15 CNY, compared to the current price of 16.05 CNY [1]. Core Views - The company's revenue for the first half of 2024 reached 579 million CNY, a year-on-year increase of 8.75%, while net profit attributable to shareholders was 60 million CNY, down 44.58% year-on-year [1]. - The growth in revenue is attributed to increased exports and new project contributions, while the decline in profit is due to rising operating costs, increased financial and R&D expenses, and raw material price hikes [1]. - The demand for cutting tools is expected to rise as manufacturing activity improves, with a significant price gap between domestic and international products [1]. - The company is expanding its end-user solutions and application scenarios, particularly in high-end markets such as automotive, aerospace, and wind energy [1]. - The overseas sales have shown significant growth, with a compound annual growth rate (CAGR) of 32.73% from 2017 to 2023, and a 94.67% year-on-year increase in overseas sales revenue in the first half of 2024 [1]. Financial Summary - The projected revenues for 2024, 2025, and 2026 are 1.284 billion CNY, 1.554 billion CNY, and 1.899 billion CNY, respectively, with corresponding net profits of 166 million CNY, 258 million CNY, and 361 million CNY [2]. - The earnings per share (EPS) are expected to be 1.05 CNY for 2024, 1.62 CNY for 2025, and 2.27 CNY for 2026 [2]. - The company’s total assets are projected to grow from 3.88 billion CNY in 2023 to 4.938 billion CNY by 2026 [2].

证券代码：688308 证券简称：欧科亿 公告编号：2024-035 株洲欧科亿数控精密刀具股份有限公司 关于召开 2024 年半年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、准确性和完整性承担法律责任。 重要内容提示： 会议召开时间：2024 年 09 月 09 日(星期一) 下午 14:00-15:00 会议召开地点：上海证券交易所上证路演中心（网址：https://roadsh ow.sseinfo.com/） （一） 会议召开时间：2024 年 09 月 09 日下午 14:00-15:00 （二） 会议召开地点：上证路演中心（网址：https://roadshow.sseinfo. com/） （三） 会议召开方式：上证路演中心网络互动 会议召开方式：上证路演中心网络互动 投资者可于 2024 年 09 月 02 日(星期一) 至 09 月 06 日(星期五)16:00 前登录上证路演中心网站首页点击"提问预征集"栏目或通过公司邮箱 oke_info@oke-carbide.com 进行提问。公司将在说明会上对投资者普遍关 ...

2024 年度"提质增效重回报"行动方案半年度评估报告 为落实以投资者为本的理念，推动持续优化经营、规范治理和积极回报投资者， 株洲欧科亿数控精密刀具股份有限公司（以下简称"欧科亿"或"公司"）于 2024 年 4 月 10 日发布了"提质增效重回报"行动方案，为公司 2024 年度提质增效重回 报行动制定出明确的工作方向。 株洲欧科亿数控精密刀具股份有限公司 公司根据行动方案内容，积极开展和落实各项工作，现将 2024 年上半年对《行 动方案》的执行情况进行评估并报告如下： 一、专注现有业务领域，巩固提高公司核心竞争力 欧科亿持续专注于硬质合金切削刀具的研发、生产和销售，致力于高端数控刀 具国产化和进口替代，为市场提供专业优质产品和服务，为全球制造提供切削解决 方案。通过自主创新和规模化发展，公司已经形成了数控刀具产品和硬质合金制品 两大板块产品销售格局以及整包刀具服务业务，取得了行业领先优势。 2024 年上半年，公司实现营业收入 57,930.94 万元，同比增长 8.75%；实现归 属于上市公司股东的净利润 6,009.42 万元，同比下降 44.58%。报告期内，公司数 控刀具产品实现营业收入为 3 ...

证券代码：688308 证券简称：欧科亿 公告编号：2024-033 株洲欧科亿数控精密刀具股份有限公司 第三届监事会第六次会议决议公告 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 株洲欧科亿数控精密刀具股份有限公司（以下简称"公司"）第三届监事会 第六次会议于 2024 年 8 月 30 日在公司会议室以现场和通讯表决方式召开，会议 通知已于 2024 年 8 月 20 日以电话或传真的方式发出。会议应出席监事 3 人，实 际出席监事 3 人，会议由监事会主席张奕先生主持。本次会议的召集和召开符合 《中华人民共和国公司法》等法律、法规、规范性文件和《公司章程》的有关规 定。 具体内容详见公司于同日刊登在上海证券交易所网站（www.sse.com.cn）的 《2024 年半年度报告》及《2024 年半年度报告摘要》。 （二）审议通过《关于 2024 年半年度募集资金存放与实际使用情况的专项 报告》 二、监事会会议审议情况 经全体监事表决，形成决议如下： （一）审议通过《2024 年半年度报告及摘 ...

Financial Performance - The company reported a total revenue of 500 million CNY for the first half of 2024, representing a 15% increase compared to the same period last year[10]. - The company has provided a revenue guidance of 1.1 billion CNY for the full year 2024, which reflects an expected growth of 10% year-over-year[10]. - The company's operating revenue for the first half of 2024 was CNY 579,309,409.45, representing an increase of 8.75% compared to CNY 532,720,325.41 in the same period last year[15]. - The net profit attributable to shareholders decreased by 44.58% to CNY 60,094,162.67 from CNY 108,432,031.46 year-on-year[15]. - The net profit after deducting non-recurring gains and losses fell by 55.60% to CNY 37,776,350.58 compared to CNY 85,080,248.75 in the previous year[15]. - The basic earnings per share decreased by 44.93% to CNY 0.38 from CNY 0.69 year-on-year[16]. - The company's cash flow from operating activities was negative at CNY -106,549,390.38, worsening from CNY -44,011,236.74 in the same period last year[15]. User Growth and Market Expansion - User data indicates a growth in active users by 20%, reaching 1.2 million users as of June 2024[10]. - Market expansion efforts include entering two new international markets, with an expected revenue contribution of 100 million CNY in 2025[10]. - The company is actively exploring export markets as domestic tool technology matures and production capacity increases[30]. - The company plans to expand its market presence in Southeast Asia, targeting a 10% market share within the next two years[97]. Research and Development - The company is investing 30 million CNY in R&D for advanced cutting technologies, aiming to enhance product performance and market competitiveness[10]. - The R&D investment as a percentage of operating revenue increased to 6.86%, up by 2.26 percentage points from 4.60% in the previous year[17]. - R&D investment totaled approximately ¥39.73 million, representing a 62.23% increase compared to ¥24.49 million in the previous year[36]. - The number of R&D personnel increased to 244 from 205, accounting for 19.15% of the total workforce[47]. Product Development and Innovation - New product launches include a line of high-speed steel cutting tools, which are projected to contribute an additional 50 million CNY in revenue by the end of 2024[10]. - The company has developed multiple unique hard alloy substrate grades tailored for various application scenarios, enhancing performance stability[32]. - The company has introduced advanced production techniques, such as CVD coating technology, to improve tool durability and cutting performance[33]. - The company launched over 2,200 new hard tools and over 2,000 CNC blade and tool body varieties during the reporting period[59]. Sustainability and Environmental Initiatives - The management highlighted a focus on sustainability initiatives, aiming to reduce production waste by 25% by 2025[10]. - The company has invested 28.52 million yuan in environmental protection during the reporting period[78]. - The company is actively responding to the national "carbon neutrality" strategy by reducing energy consumption and greenhouse gas emissions[84]. Financial Integrity and Governance - The board confirmed that there are no non-operational fund usages by controlling shareholders, ensuring financial integrity[10]. - The integrity status of the company and its controlling shareholders remains good, with no unfulfilled court judgments or significant debts due[103]. - The company has not engaged in any significant related party transactions outside of normal operations during the reporting period[104]. Strategic Acquisitions and Investments - The company has completed a strategic acquisition of a local competitor for 200 million CNY, which is anticipated to increase market share by 5%[10]. - A strategic acquisition of a smaller tech firm was announced, which is expected to enhance the company's product offerings and increase market competitiveness[98]. - The company invested 3 million yuan to acquire a 10% stake in Zhuzhou Oke Yi Intelligent Technology Co., Ltd., which focuses on metal tool manufacturing and sales[69]. Market Position and Competitive Landscape - The market share of carbide tools in China has increased to approximately 53%, reflecting a growing dominance in the cutting tool sector[28]. - The company ranks first in domestic production scale of serrated blades, recognized as a national manufacturing single champion product[28]. - The overall market concentration in the cutting tool industry is expected to rise as smaller companies struggle to compete with larger, more innovative firms[30]. Financial Management and Cash Flow - The company's cash and cash equivalents decreased by 54.73% to CNY 260,196,429.33, mainly due to increased procurement expenditures and investments in long-term assets[66]. - Accounts receivable increased by 30.81% to CNY 476,557,102.88, indicating that cash collections were below expectations[66]. - The company reported a significant increase in financial expenses, totaling ¥8,200,713.34, compared to a financial income of -¥2,549,811.15 in the previous year[136]. Corporate Structure and Shareholder Information - The company has a total of 5,783 common stock shareholders as of the end of the reporting period[119]. - The top ten shareholders hold a total of 100,000,000 shares, with the largest shareholder, Yuan Meihe, owning 25,284,000 shares, accounting for 15.92% of the total shares[120]. - The company has not experienced any significant changes in project feasibility during the reporting period[113]. Compliance and Regulatory Matters - The company has not received any non-standard audit opinions during the reporting period[103]. - The company guarantees that its initial public offering (IPO) does not involve any fraudulent activities and will initiate a buyback of shares if it fails to meet listing conditions due to deceitful practices[89]. - The company has committed to fulfilling all public commitments disclosed in the IPO prospectus and will take measures to address any failures to meet these obligations[101].

民生证券股份有限公司 关于株洲欧科亿数控精密刀具股份有限公司 2024 年上半年持续督导跟踪报告 民生证券股份有限公司（以下简称"民生证券""保荐机构"）作为株洲欧科亿 数控精密刀具股份有限公司（以下简称"欧科亿""公司"）首次公开发行股票并在 科创板上市及 2022 年度向特定对象发行 A 股股票的保荐机构，根据《证券发行 上市保荐业务管理办法》及《上海证券交易所科创板股票上市规则》等有关法律 法规和规范性文件的要求，对欧科亿进行持续督导，持续督导期为 2020 年 12 月 10 日至 2024 年 12 月 31 日。民生证券通过日常沟通、定期回访、现场检查、 尽职调查等方式进行持续督导，现就 2024 年 1-6 月持续督导工作报告如下： 1 序号 工作内容 实施情况 1 建立健全并有效执行持续督导工作制度，并针对具体的 持续督导工作制定相应的工作计划。 保荐机构已建立健全并有效执 行了持续督导制度，并制定了相 应的工作计划。 2 根据中国证监会相关规定，在持续督导工作开始前，与 上市公司签署持续督导协议，明确双方在持续督导期间 的权利义务，并报上海证券交易所备案。 保荐机构已与欧科亿签订承销 及保荐 ...

证券代码：688308 证券简称：欧科亿 公告编号：2024-034 株洲欧科亿数控精密刀具股份有限公司 关于 2024 年半年度募集资金存放与实际使用情况的专项 报告 2.2022 年度向特定对象发行 A 股股票募集资金金额、资金到位情况 根据中国证券监督管理委员会《关于同意株洲欧科亿数控精密刀具股份有限 公司向特定对象发行股票注册的批复》（证监许可[2022]1919 号），公司向特定 对象发行人民币普通股 A 股股票 12,616,306 股，每股面值 1 元，每股发行价格为 人民币 63.41 元，募集资金总额为人民币 799,999,963.46 元，扣除发行费用后， 募集资金净额为人民币 786,455,598.88 元。上述资金已于 2022 年 11 月 16 日全 （一）实际募集资金金额、资金到位情况 1.首次公开发行股票募集资金金额、资金到位情况 根据中国证券监督管理委员会证监许可[2020]2980 号文《关于同意株洲欧科 亿数控精密刀具股份有限公司首次公开发行股票注册的批复》核准，本公司向社 会公开发行 25,000,000 股人民币普通股 A 股股票，每股面值 1 元，每股发行价格 ...