Investment Rating - The report maintains an "Accumulate" rating for the company [1] Core Views - The company's profit growth is temporarily affected by increased R&D investment, while the oscilloscope segment continues to optimize its structure [2] - The company achieved a revenue of 310 million yuan in the first half of 2024, a year-on-year decrease of 1%, and a net profit attributable to shareholders of 7.65 million yuan, down 83% year-on-year [2] - The gross margin increased to 56.7%, up 1.1 percentage points year-on-year, while the net profit margin decreased to 4.9%, down 9.9 percentage points year-on-year [3] - A stock incentive plan was introduced to bind core employees, reflecting confidence in growth [3] - The company adjusted its net profit forecasts for 2024-2026, now expecting 110 million yuan (previously 160 million), 130 million yuan (previously 210 million), and 180 million yuan (previously 260 million) respectively [3] Financial Performance Summary - In the first half of 2024, the company reported total revenue of 310 million yuan, with a year-on-year growth of 13.08% expected for 2024 [2][13] - The net profit attributable to shareholders is projected to grow by 3.27% in 2024, reaching 111.49 million yuan [3][13] - The company’s earnings per share (EPS) is expected to be 0.60 yuan in 2024, with a price-to-earnings (P/E) ratio of 58.35 [3][14] Business Segment Performance - The digital oscilloscope segment saw a 201% increase in sales revenue for the DHO series high-resolution digital oscilloscopes [2] - Sales revenue for power and electronic load products grew by 20% year-on-year, while the revenue for resistive electronic products surged by 748% [2] Market Data - The closing price of the stock is 25.19 yuan, with a market capitalization of 4.66 billion yuan [4] - The company has a price-to-book (P/B) ratio of 1.67 and a total circulating A-share market value of 1.66 billion yuan [4][5]

证券代码：688337 证券简称：普源精电 公告编号：2024-086 普源精电科技股份有限公司 第二届监事会第十八次会议决议公告 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 普源精电科技股份有限公司（以下简称"公司"）第二届监事会第十八次会 议于 2024 年 8 月 29 日在公司会议室以现场结合通讯的方式召开。会议通知已于 2024 年 8 月 19 日通过通讯方式（包括但不限于电话、传真、电子邮件等）送达 各位监事。本次会议由监事会主席齐惠忠女士主持，会议应到监事 3 人，实到监 事 3 人。 本次会议的召集、召开符合有关法律、法规及规章制度和《普源精电科技股 份有限公司章程》的有关规定。 二、监事会会议审议情况 具体内容详见公司于同日在上海证券交易所网站（www.sse.com.cn）披露的 《普源精电科技股份有限公司 2024 年半年度报告》及《普源精电科技股份有限 公司 2024 年半年度报告摘要》。 1 表决结果：3 票同意；0 票反对；0 票弃权。 2.审议通过了《关于公司<2 ...

2023 年度环境、社会责任及公司治理（ESG）报告 关于本报告 1 | 关于本报告 | | --- | | 董事长致辞 | | 走进普源精电 | | 普源精电"数说"2023 | | 砥砺前行, 夯实治理根基 | | | --- | --- | | 依法合规治理 | 19 | | 完善风险管控 | 26 | | 恪守商业道德 | 28 | | 保护投资权益 | 31 | | 追求至精产品 | 46 | | --- | --- | | 提供至优服务 | 50 | | 推动行业发展 | 54 | | 促进数字经营 | 60 | | 夯实供应商管理 | 64 | 本报告是普源精电科技股份有限公司发布的第二份年度环境、社会责任及公司治理（ESG）报告（简称"本报告"）。本报告真实、客观地介绍 2023 年度普源精电及其所属公司在环境、社会责任和公司治理方面的管理举措、 亮点实践与成效。 本报告覆盖普源精电科技股份有限公司及其所属公 司。为便于表述和阅读，本报告中"普源精电科技股 份有限公司"也以"普源精电""RIGOL""公司"或"我 们"表示。 组织范围 报告编制依据 报告获取 联合国 2030 年可持续发展目标 ...

证券代码：688337 证券简称：普源精电 公告编号：2024-087 普源精电科技股份有限公司 2024 年半年度募集资金存放与实际使用情况的专项报告 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。 根据中国证监会《上市公司监管指引第2号——上市公司募集资金管理和使用的监管要 求》、上海证券交易所《上海证券交易所科创板上市公司自律监管指引第1号——规范运作》 及《上海证券交易所科创板股票上市规则》等有关法律、法规及相关文件的规定，普源精 电科技股份有限公司（以下简称"公司"、"本公司"或"普源精电"）2024年半年度募集资 金存放与实际使用情况专项报告说明如下： 一、 募集资金基本情况 （一）实际募集资金金额、资金到位时间 1、首次公开发行股票 经中国证券监督管理委员会2022年2月24日出具的《关于同意普源精电科技股份有限公 司首次公开发行股票注册的批复》(证监许可[2022]399号)同意注册，并经上海证券交易所 同意，本公司首次公开发行人民币普通股（A股）30,327,389股，每股面值人民币1.00元， 每股发行 ...

2024 年度提质增效重回报专项行动方案的 半年度评估报告 为积极响应并贯彻落实关于开展科创板上市公司"提质增效重回报"专项行 动的倡议，树立以投资者为本的理念，推动经营发展质量、投资价值及可持续发 展水平的提升，积极维护市场稳定，普源精电科技股份有限公司（以下简称"公 司"或"普源精电"）于 2024 年 3 月 21 日披露了《普源精电科技股份有限公司 2024 年提质增效重回报行动方案》。公司根据行动方案的具体内容，积极开展和 落实各项工作，现将 2024 年上半年的主要工作成果报告如下： 一、 聚焦经营主业，实现高质量发展 （一）马来西亚生产基地建设 报告期内，公司加快建设马来西亚海外生产基地，充分调动公司各方面资源， 及时、高效推进募投项目建设，提高募集资金使用效率。2024 年 5 月，马来西亚 生产基地已实现对海外客户的首批发货。未来，公司将进一步优化产能结构，满 足海外市场发展需要。 （二）并购重组项目稳步推进 2024 年上半年，公司积极推动对北京耐数电子有限公司（以下简称"耐数电 子"）的并购交易，2024 年 5 月 14 日，公司发行股份购买资产并配套募集资金 申请获上交所受理；202 ...

Financial Performance - The company reported a significant increase in revenue for the first half of 2024, achieving a total of 500 million RMB, representing a 25% growth compared to the same period last year[9]. - The company reported a revenue of CNY 307.14 million for the first half of 2024, a decrease of 1.24% compared to the same period last year[13]. - The net profit attributable to shareholders was CNY 7.65 million, down 83.40% year-on-year, while the net profit after deducting non-recurring gains and losses was CNY -18.25 million, a decrease of 177.78%[16]. - Basic and diluted earnings per share were CNY 0.04, representing a decline of 84.62% year-on-year, while the basic earnings per share after deducting non-recurring gains and losses was CNY -0.10, down 176.92%[14]. - The company reported a net profit of RMB 32,566,881.71 for the first half of 2024, down from RMB 122,877,444.17 in the same period of 2023, representing a decrease of approximately 73%[159]. - The company’s total equity at the end of the reporting period was RMB 2,457,448,317.66[177]. Research and Development - The company is investing in R&D, with a budget allocation of 50 million RMB for the development of next-generation signal processing technologies[9]. - Research and development expenses accounted for 28.63% of revenue, an increase of 7.72 percentage points compared to the same period last year[14]. - R&D investment totaled ¥87,939,477.48, a 35.24% increase compared to ¥65,026,303.89 in the same period last year[53]. - The company has established a comprehensive execution system for its R&D process, with six key technical review points to ensure effective management[35]. - The company has developed key technologies such as high bandwidth low noise analog front-end technology and high sampling oscilloscope data acquisition technology, achieving a bandwidth of 5GHz and a sampling rate of 20GSa/s[60]. Product Development and Launches - New product launches include the latest series of oscilloscopes, which have received positive market feedback and are expected to contribute an additional 100 million RMB in sales[9]. - The company launched the DS80000 series high-bandwidth real-time digital oscilloscope, achieving a bandwidth of 13GHz, marking a significant technological advancement in the domestic industry[20]. - The company introduced the "portable family" product series, including the DHO800/900 series digital oscilloscopes and DG900Pro/800Pro series function/waveform signal generators, enhancing its product matrix for domestic substitution[20]. - The company launched the DHO5000 series high-resolution digital oscilloscopes and DG5000Pro series function/arbitrary waveform generators on August 8, 2024, which are expected to positively impact performance in the second half of the year[71]. Market Expansion - Market expansion efforts are underway in Southeast Asia, with plans to establish local partnerships to enhance distribution channels[9]. - The company is expanding its market presence in Southeast Asia, targeting a 25% market share by 2025[108]. - The company has established international marketing offices in India, Brazil, and Vietnam to enhance global brand marketing[19]. Financial Management - The net cash flow from operating activities increased significantly to CNY 41.04 million, up 1,847.15% year-on-year, primarily due to reduced cash payments for goods and the inclusion of a newly acquired subsidiary[16]. - The company has unrecognized revenue from shipped orders amounting to 2,628.71 million RMB, expected to be recognized in Q3[70]. - The company reported a significant increase in other payables, which rose to approximately 42.52 million from 125.88 million, indicating a decrease of about 66.2%[156]. Strategic Initiatives - The company has completed a strategic acquisition of a smaller tech firm for 200 million RMB, aimed at enhancing its product portfolio and technological capabilities[9]. - The company is exploring potential mergers and acquisitions to accelerate growth and market expansion[104]. - The company has implemented a stock incentive plan covering approximately 30% of its total workforce, enhancing employee motivation and confidence in future development[64]. Intellectual Property - The company holds 421 authorized invention patents, 24 utility model patents, and 49 design patents as of June 30, 2024[19]. - The company added 39 new intellectual property applications, with 37 granted, bringing the total to 1,028 applications and 618 granted[52]. - The company has been recognized as a "National Intellectual Property Advantage Enterprise" and has received multiple awards for its patent achievements[62]. Corporate Governance and Compliance - The company has established a complete corporate governance structure and independent operational management system to ensure independence in business, assets, organization, personnel, and finance[126]. - The company guarantees that the prospectus and other disclosure materials for the initial public offering do not contain false records, misleading statements, or significant omissions, and will bear legal responsibility for their authenticity, accuracy, and completeness[122]. - The company will ensure compliance with the Shanghai Stock Exchange's regulations regarding shareholding and transfer[111]. Sustainability and Social Responsibility - The management emphasized a commitment to sustainability, aiming for a 40% reduction in carbon emissions by 2030[108]. - The company invested 91.2 million yuan in environmental protection during the reporting period[95]. - The company emphasizes social responsibility through various educational initiatives, enhancing the construction level of electronic information programs in higher education institutions[20].

证券代码：688337 证券简称：普源精电 公告编号：2024-085 普源精电科技股份有限公司 第二届董事会第二十次会议决议公告 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、董事会会议召开情况 1 普源精电科技股份有限公司（以下简称"公司"）第二届董事会第二十次会 议于 2024 年 8 月 29 日在公司会议室以现场结合通讯的方式召开。会议通知已于 2024 年 8 月 19 日通过通讯方式（包括但不限于电话、传真、电子邮件等）送达 各位董事。本次会议由董事长王悦先生主持，应到董事 7 人，实到董事 7 人。 本次会议的召集、召开符合有关法律、法规及规章制度和《普源精电科技股 份有限公司章程》（以下简称"《公司章程》"）的有关规定。 二、董事会会议审议情况 出席会议的董事对各项议案进行了认真审议并做出了如下决议： 1.审议通过了《关于<公司 2024 年半年度报告>及其摘要的议案》 公司 2024 年半年度报告及其摘要的编制和审议程序符合法律、法规及《公 司章程》等内部规章制度的规定；其内容与格式符合相关规定， ...

证券代码：688337 证券简称：普源精电 公告编号：2024-084 普源精电科技股份有限公司关于发行股份购买资产并募集 配套资金之标的资产过户完成的公告 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。 普源精电科技股份有限公司（以下简称"公司"）于 2024 年 7 月 16 日收到 中国证券监督管理委员会出具的《关于同意普源精电科技股份有限公司发行股份 购买资产并募集配套资金注册的批复》（证监许可〔2024〕1049 号）。批复主要内 容详见公司于 2024 年 7 月 17 日披露的《普源精电科技股份有限公司关于公司发 行股份购买资产并募集配套资金事项获得中国证券监督管理委员会同意注册批 复的公告》（公告编号：2024-072）。 公司根据上述核准文件的要求积极推进本次发行股份购买资产并募集配套 资金（以下简称"本次交易"）的实施事宜。截至本公告日，本次交易之标的资产 的过户手续及相关工商变更登记、备案事宜已完成，具体情况如下： 一、本次交易标的资产过户情况 （一）资产交割及过户情况 北京市市场监督管理局已于 20 ...

国泰君安证券股份有限公司 关于普源精电科技股份有限公司 发行股份购买资产并募集配套资金 之 标的资产过户完成情况的 独立财务顾问核查意见 独立财务顾问 二〇二四年八月 1、本独立财务顾问与本次交易各方当事人均无关联关系，就本次交易所发 表的有关意见是完全独立进行的。 声明 国泰君安证券股份有限公司（以下简称"本独立财务顾问""独立财务顾问" 或"国泰君安"）受普源精电科技股份有限公司（以下简称"普源精电"、"上市 公司"或"公司"）委托，担任本次普源精电科技股份有限公司发行股份购买资 产并募集配套资金之独立财务顾问，并出具本独立财务顾问核查意见。 本独立财务顾问核查意见系依照《中华人民共和国公司法》（以下简称"《公 司法》"）、《中华人民共和国证券法》（以下简称"《证券法》"）、《上市公司重大资 产重组管理办法》（以下简称"《重组管理办法》"）、《公开发行证券的公司信息披 露内容与格式准则第 26 号——上市公司重大资产重组》等法律、法规的有关规 定，按照证券行业公认的业务标准、道德规范和诚实信用、勤勉尽责精神，遵循 客观、公正的原则，在认真审阅相关资料和充分了解本次交易行为的基础上编制 而成。本独立财务顾问 ...

北京市建国门北大街 8 号华润大厦 20 层 邮编：100005 电话：（86-10） 8519-1300 传真：（86-10） 8519-1350 junhebj@junhe.com 北京市君合律师事务所（以下简称"本所"）接受普源精电科技股份有限公 司（以下简称"普源精电"或"上市公司"）委托，担任普源精电通过发行股份 方式购买北京耐数电子有限公司（以下简称"标的公司"）67.7419%股权并募集 配套资金（以下简称"本次交易"）的专项法律顾问，并已依据《中华人民共和 国公司法》《中华人民共和国证券法》《上市公司重大资产重组管理办法》等相关 中国法律法规的有关规定，就本次交易相关法律问题出具了《北京市君合律师事 务所关于普源精电科技股份有限公司发行股份购买资产并募集配套资金的法律 意见书》（以下简称"《法律意见书》"）等文件。本次交易已取得中国证监会同意 注册的批复，本所现就本次交易实施过程中涉及的标的资产过户事宜出具本法律 意见书（以下简称"本法律意见书"）。 本所在《法律意见书》中发表法律意见的前提以及声明事项适用于本法律意 见书。如无特别说明，本法律意见书中有关用语释义与《法律意见书》中有关用 语释 ...