Group 1: Business Overview - The company focuses on ultrasonic technology applications in various sectors, including lithium batteries, semiconductors, and automotive wiring harnesses [3][4][6][9]. - The company has established a subsidiary in Germany, which serves as a research and development center and provides technical support for customers in Europe [6][8]. Group 2: Market Challenges and Strategies - The company faces challenges due to the slowdown in the expansion of the lithium battery sector, prompting the introduction of new products such as ultrasonic dust removal equipment and scanning acoustic microscopes [3][4][5]. - To address market pressures, the company is adjusting its sales strategies and optimizing product structures to enhance operational quality [6][9]. Group 3: Product Development and Innovation - The company is committed to technological innovation, focusing on the development of ultrasonic welding equipment for lithium battery applications, which addresses significant welding challenges [5][6][9]. - The company has launched various ultrasonic devices for semiconductor applications, including ultrasonic aluminum and copper wire bonding machines, which are critical for power semiconductor packaging processes [9][10]. Group 4: Competitive Landscape - In the lithium battery sector, the company competes with major players like CATL and BYD, maintaining strong partnerships with leading manufacturers [8][9]. - The semiconductor field is dominated by companies like K&S and Hesse, with the company actively working to expand its market share in this area [10]. Group 5: Future Outlook - The company anticipates significant market opportunities for its ultrasonic rolling welding machines if the technology is widely adopted in the industry [6]. - Future business plans include expanding overseas markets and enhancing product offerings in the semiconductor advanced packaging sector [8][9].

证券代码：688392 证券简称：骄成超声 上海骄成超声波技术股份有限公司 2023 年年度股东大会会议资料 二〇二四年五月 | | | 上海骄成超声波技术股份有限公司 2023 年年度股东大会会议资料 | 2023 年年度股东大会会议须知 1 | | --- | | 年年度股东大会会议议程 3 2023 | | 2023 年年度股东大会会议议案 5 | | 议案一：关于 2023 年度董事会工作报告的议案 5 | | 议案二：关于 2023 年度监事会工作报告的议案 6 | | 议案三：关于 2023 年年度报告及其摘要的议案 7 | | 议案四：关于 2023 年度财务决算报告的议案 8 | | 议案五：关于 2023 年年度利润分配预案的议案 9 | | 议案六：关于 2024 年度董事、监事、高级管理人员薪酬方案的议案 10 | | 议案七：关于续聘 2024 年度会计师事务所的议案 12 | | 议案八：关于修订《公司章程》的议案 13 | | 议案九：关于董事会换届选举暨选举公司第二届董事会非独立董事候选人的议案 | | 14 | | 议案十：关于董事会换届选举暨选举公司第二届董事会独立董事候选人 ...

Company Overview - The company specializes in high-end applications of ultrasonic technology, focusing on research, design, production, and sales of ultrasonic welding and cutting equipment and accessories [3] - Its products are primarily used in sectors such as new energy vehicles (power batteries, automotive wiring harnesses, rubber tires), semiconductors, and medical aesthetics [3] - The company aims to maintain its leading position in the new energy battery sector while expanding investments in downstream applications like energy storage, automotive wiring harnesses, charging piles, semiconductors, and medical aesthetics [3] Semiconductor Sector - The company has launched various ultrasonic technology solutions, including wire bonding equipment and ultrasonic welding devices for IGBT terminals, and has established partnerships with notable clients such as SAIC Infineon and Zhenhua Technology [4] - Major competitors in the semiconductor field include K&S and ASM, with the company focusing on enhancing its core competitiveness through continuous R&D investment [4] Downstream Application Advantages - The company has developed core innovative technologies such as integrated wedge welding and ultrasonic metal welding quality monitoring, which have been well-received by downstream clients [5] - It possesses the capability to independently develop and produce core components of ultrasonic systems, establishing a strong competitive advantage in technology innovation and customer service [5] International Business Development - Currently, the company's revenue is primarily from domestic operations, with limited overseas income from ultrasonic cutting in the automotive tire sector [5] - A subsidiary has been established in Germany, with plans to expand overseas business in the new energy and semiconductor sectors [5] New Energy Battery Innovations - To meet the high-quality demands of leading clients in the lithium battery sector, the company has developed a welding monitoring system and ultrasonic dust removal equipment [6] - New product development is ongoing, including a nano-material ultrasonic dispersion machine to assist clients in exploring new application scenarios [6] Automotive Wiring Harness Applications - The company offers a range of ultrasonic welding equipment capable of handling wire harnesses with cross-sections exceeding 185 square millimeters, applicable in various welding scenarios [6] - Key clients in the automotive wiring harness sector include Tyco Electronics, BYD, and others, indicating a strong market presence [6] Ultrasonic Scanning Equipment - The ultrasonic scanning microscope (C-SAM/SAT) is widely used for detecting semiconductor wafers and chips, playing a crucial role in advanced packaging processes [7] - The company is also expanding the application of C-SAM/SAT products in lithium battery testing, continuously enhancing its product structure and operational quality [7]

证券代码：688392 证券简称：骄成超声 上海骄成超声波技术股份有限公司 投资者关系活动记录表 编号：2024-009 □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 □新闻发布会 □路演活动 类别 □现场参观 □电话会议 √其他（策略会） 汇丰晋信基金、Capital Group、Octorivers、富国基金、望正 资产、涌乐投资、东方基金管理有限公司、中银基金管理有 限公司、兴证资管、恒越基金管理有限公司、泾溪投资、淳 ...

海通证券股份有限公司关于上海骄成超声波技术股份有限公司 首次公开发行部分限售股上市流通的核查意见 海通证券股份有限公司（以下简称"海通证券"或"保荐机构"）作为上海 骄成超声波技术股份有限公司（以下简称"骄成超声"或"公司"）首次公开发 行股票并上市持续督导保荐机构，根据《证券发行上市保荐业务管理办法》《上 海证券交易所科创板股票上市规则》《上海证券交易所上市公司自律监管指引第 11 号——持续督导》《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》等有关规定，对公司首次公开发行部分限售股上市流通的事项进行了 核查，具体情况如下： 一、本次上市流通的限售股类型 根据中国证券监督管理委员会于 2022 年 7 月 18 日出具的《关于同意上海骄 成超声波技术股份有限公司首次公开发行股票注册的批复》（证监许可〔2022〕 1547 号），同意公司首次公开发行股票的注册申请。公司首次向社会公众公开发 行人民币普通股 2,050 万股，并于 2022 年 9 月 27 日在上海证券交易所科创板上 市，公司首次公开发行完成后总股本为 8,200 万股，其中无限售条件流通股为 1,744.7348 万股 ...

上海骄成超声波技术股份有限公司 首次公开发行部分限售股上市流通公告 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： 本次股票上市类型为首发限售股份；股票认购方式为网下，上市股数为 1,480,640 股。 一、 本次上市流通的限售股类型 根据中国证券监督管理委员会于 2022 年 7 月 18 日出具的《关于同意上海骄 成超声波技术股份有限公司首次公开发行股票注册的批复》（证监许可〔2022〕 1547 号），同意公司首次公开发行股票的注册申请。公司首次向社会公众公开发 行人民币普通股（A 股）2,050 万股，并于 2022 年 9 月 27 日在上海证券交易所科 创板上市，公司首次公开发行完成后总股本为 8,200 万股，其中无限售条件流通股 为 1,744.7348 万股，有限售条件流通股 6,455.2652 万股。 证券代码：688392 证券简称：骄成超声 公告编号：2024-051 除上述承诺外，本次申请上市流通的限售股股东无其他关于上市流通特别承 诺。截至本公告披露日，本次申请上市流通的限售 ...

海通证券股份有限公司关于上海骄成超声波技术股份有限公司 2023 年度持续督导年度跟踪报告 | 保荐机构名称：海通证券股份有限公司 | 被保荐公司简称：骄成超声 | | --- | --- | | 保荐代表人姓名：黄晓伟、申晓斌 | 被保荐公司代码：688392 | 经中国证券监督管理委员会《关于同意上海骄成超声波技术股份有限公司首 次公开发行股票注册的批复》（证监许可〔2022〕1547 号）批复，上海骄成超 声波技术股份有限公司（以下简称"上市公司"、"公司"或"发行人"）首次 公开发行股票 2,050 万股，每股面值人民币 1.00 元，每股发行价格人民币 71.18 元，募集资金总额为人民币 145,919.00 万元，扣除发行费用后，实际募集资金净 额为人民币 129,636.22 万元。本次发行证券已于 2022 年 9 月 27 日在上海证券交 易所上市。海通证券股份有限公司（以下简称"保荐机构"或"海通证券"）担 任其持续督导保荐机构，持续督导期间为 2022 年 9 月 27 日至 2025 年 12 月 31 日。 在 2023 年 1 月 1 日至 2023 年 12 月 31 日持续督 ...

增持 原评级：增持 市场价格:人民币 53.64 板块评级:强于大市 | --- | --- | --- | |----------------------------------------|------------|----------| | | | | | | | | | 发行股数 ( 百万 ) | | 114.80 | | 流通股 ( 百万 ) | | 58.82 | | 总市值 ( 人民币 百万 ) | | 6,157.87 | | 3 个月日均交易额 ( 人民币 百万 ) | | 45.93 | | 主要股东 | | | | 江苏阳泰企业管理有限公司 | | 19.02 | | 资料来源：公司公告， Wind | ，中银证券 | | 公司公布 2023 年年报及 2024 年一季报，2023 年公司实现营收 5.25 亿元，同比+0.52%，实现归 母净利润 0.67 亿元，同比-39.97%；2024 年一季度实现营收 1.21 亿元，同比-25.75%，实现归母 净利润 0.01 亿元，同比-96.59%。尽管由于受到下游锂电池厂商资本开支水平显著下降的影响， 公司业绩有所承压，但是公司作为国 ...

关于股份回购实施结果暨股份变动的公告 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、准确性和完整性承担法律责任。 重要内容提示： | 回购方案首次披露日 | 2024/2/6，由公司实际控制人、董事长、总经理周宏 | | --- | --- | | | 建先生提议 | | 回购方案实施期限 | 待董事会审议通过后 个月 3 | | 预计回购金额 | 万元~10,000 万元 5,000 | | 回购价格上限 | 102.56 元/股 | | 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 | | 实际回购股数 | 1,758,594 股 | | 实际回购股数占总股本比例 | 1.5319% | | 实际回购金额 | 万元 9,400.78 | | 实际回购价格区间 | 48.00 元/股~57.18 元/股 | 一、回购审批情况和回购方案内容 2024 年 2 月 4 日，上海骄成超声波技术股份有限公司（以下简称"公司"）召 开第一届董事会第二十次会议，审议通过了《关于 ...

Investment Rating - The investment rating for the company is "Buy" (maintained) [1] Core Views - The company's performance in 2023 was below market expectations, with total revenue of 525.19 million yuan, a year-on-year increase of only 0.52%, and a net profit attributable to shareholders of 66.54 million yuan, a decrease of 39.97% [2][5] - The ear welding business has seen a significant slowdown, with revenue of 330 million yuan in 2023 and a gross margin of 59%. The company expects a revenue decline of over 20% in this segment for 2024 [3][5] - New business segments, such as high-voltage wiring harnesses and IGBT, are expected to grow rapidly, with anticipated revenue doubling from 2024 to 2026 [4][5] Summary by Sections Financial Performance - In 2023, the company reported total revenue of 525.19 million yuan, with a year-on-year growth of 0.52%. The net profit attributable to shareholders was 66.54 million yuan, down 39.97% from the previous year. The gross margin for 2023 was 57%, an increase of 4.9 percentage points [2][3] - For Q4 2023, revenue was 70 million yuan, a quarter-on-quarter decrease of 48% and a year-on-year decrease of 35%. The net profit for Q4 was -10 million yuan, with a gross margin of 73% [2] Business Segments - The ear welding business generated revenue of 330 million yuan in 2023, with a gross margin of 59%. The company anticipates a revenue of 40 million yuan in Q1 2024 for this segment, with a projected annual revenue of 250 million yuan, reflecting a decline of over 20% [3][5] - The high-voltage wiring harness and IGBT segments are expected to see significant growth, with a gross margin projected to exceed 60% in 2024. The company has secured orders from major wiring harness manufacturers, anticipating a doubling of revenue from 2024 to 2026 [4][5] Cash Flow and Expenses - In Q1 2024, the company reported a negative operating cash flow of -70 million yuan, a shift from positive to negative. The total expenses for the quarter were 70 million yuan, an increase of 38% year-on-year [4][5] - The company has maintained a cash balance of 860 million yuan, a decrease of 31% from the beginning of the year, with capital expenditures down by 25% [4]