Group 1: Company Overview and Market Position - The company has established good cooperative relationships with major domestic power battery manufacturers and equipment suppliers in the traditional power battery ear welding field [2][3] - Major competitors include American companies like Branson and Sonics, with no significant changes expected in the competitive landscape in the short term [3] Group 2: Cost Structure and Equipment Orders - The cost share of imported generators and transducers in ultrasonic welding equipment is approximately 40% [3] - The company’s rolling welding equipment has been validated by customers since 2017, with welding speeds exceeding 80m/min [3][4] Group 3: Client Relationships and Future Prospects - In the harness field, the company collaborates with well-known enterprises such as BYD, Jushi Electronics, Amphenol, and Tyco Electronics, indicating a positive outlook for business development [4] - The company plans to expand its ultrasonic technology applications across various industries by leveraging its core research and innovation capabilities [4] Group 4: Component Specialization and Profitability - Components like welding heads and cutting knives are specialized acoustic parts with strict vibration characteristics, ensuring compatibility and stability with the equipment [5] - The gross margin for the company’s component business was approximately 60% in 2022 [5]

Group 1: Company Overview - The company is Shanghai Jiao Cheng Ultrasonic Technology Co., Ltd. with stock code 688392 [1] - The third quarter performance meeting was held on November 6, 2023, with participation from various investment management firms [2] Group 2: Product and Market Insights - The estimated demand for ultrasonic welding equipment in the power battery sector is between 1 million to 2 million CNY per GWh [3] - The average delivery time for ultrasonic welding equipment is between 3 to 6 months [4] - The company currently has no formal overseas orders in the power battery sector but plans to expand its overseas business [4] Group 3: Financial Performance - In the first three quarters of 2023, the company achieved operating revenue of 455.41 million CNY, a year-on-year increase of 17.36% [5] - The net profit attributable to shareholders was 75.83 million CNY, a year-on-year decrease of 11.35%, primarily due to slower capacity expansion in the lithium battery sector and significant increases in R&D investment [5]

Group 1: Company Overview and Operations - The company, Shanghai Jiao Cheng Ultrasonic Technology Co., Ltd., is listed under the stock code 688392 and is known for its ultrasonic technology [1]. - The company has developed rolling welding equipment, which has been validated by customers since 2017, achieving a welding speed of over 80m/min [2][3]. Group 2: Financial Performance - The company has experienced a decline in net profit margin over the past two years due to increased investments in R&D and capacity expansion to capture market opportunities [3]. - In the first three quarters of 2023, the overall gross profit margin of the company's main business has not changed significantly due to optimization of product structure and increased self-manufacturing of core components [4]. Group 3: Product Development and Market Expansion - The company has made progress in ultrasonic scanning microscope equipment, which is applicable in various fields including new energy lithium batteries and semiconductors [4]. - Collaborations with well-known companies such as BYD and Amphenol in the wiring harness sector have led to improved equipment performance and quality recognition from customers [4]. - The company is focusing on expanding its presence in the new energy battery, automotive wiring harness, and semiconductor markets, with products already recognized by mainstream manufacturers [4].

Group 1: Financial Performance - The company's quarterly revenue has declined due to a slowdown in the expansion of downstream lithium battery production capacity [3] - The gross profit margin has improved in the first three quarters of 2023 due to increased self-manufacturing rates of core components and changes in revenue structure [3][5] - The company has increased R&D investment significantly in 2023, leading to higher expenses compared to the previous year [5] Group 2: Product Development and Market Position - The ultrasonic welding equipment for wiring harnesses and IGBT is customized based on client needs, resulting in significant price variations [3] - The company collaborates with well-known enterprises in the wiring harness and IGBT fields, enhancing its market presence [4] - The ultrasonic scanning microscope has been developed for defect detection in various materials, with prototypes already formed [4] Group 3: Future Outlook and Strategy - The company plans to continue focusing on ultrasonic technology and products, aiming to meet customer needs and expand into new markets such as new energy power batteries and automotive wiring harnesses [5] - The company is committed to improving operational performance while enhancing R&D capabilities and product offerings [5]

Financial Performance - The company's operating revenue for Q3 2023 was ¥107,745,383.51, a decrease of 24.52% compared to the same period last year[5] - Net profit attributable to shareholders for Q3 2023 was ¥13,039,188.47, down 58.22% year-on-year[5] - The net profit excluding non-recurring gains and losses for Q3 2023 was ¥5,209,967.50, a decline of 82.56% compared to the previous year[5] - Basic earnings per share for Q3 2023 were ¥0.07, representing a decrease of 86.27% year-on-year[6] - Total operating revenue for the first three quarters of 2023 reached ¥455,406,631.47, an increase of 17.3% compared to ¥388,035,680.68 in the same period of 2022[19] - Net profit for the first three quarters of 2023 was ¥73,316,258.00, a decrease of 13.3% from ¥84,652,911.91 in the same period of 2022[20] - Earnings per share for the first three quarters of 2023 were ¥0.36, down from ¥1.39 in the same period of 2022[20] - The company reported a total comprehensive income of ¥73,316,258.00 for the first three quarters of 2023, down from ¥84,652,911.91 in the same period of 2022[20] Research and Development - Total R&D investment for Q3 2023 was ¥32,136,572.59, an increase of 56.83% compared to the same period last year[9] - R&D investment accounted for 29.83% of operating revenue in Q3 2023, an increase of 15.48 percentage points year-on-year[6] - Research and development expenses for the first three quarters of 2023 totaled ¥86,191,784.57, an increase of 66.7% from ¥51,717,708.37 in the same period of 2022[19] Assets and Liabilities - Total assets at the end of Q3 2023 were ¥2,148,908,736.44, a slight increase of 0.27% from the end of the previous year[6] - The total liabilities increased to ¥1,018,955,000.00, compared to ¥1,018,000,000.00 at the end of 2022, showing a slight increase[15] - The total liabilities as of the end of the third quarter of 2023 were ¥389,219,816.75, slightly up from ¥388,793,016.09 at the end of 2022[16] - The total equity attributable to shareholders at the end of Q3 2023 was ¥1,760,194,460.60, an increase of 0.45% from the previous year-end[6] - The total equity attributable to shareholders reached ¥1,760,194,460.60, an increase from ¥1,752,307,252.77 in the previous year[16] Cash Flow - The company reported a net cash flow from operating activities of ¥4,958,105.26 for the year-to-date[6] - Cash flow from operating activities generated a net amount of ¥4,958,105.26, compared to a net outflow of ¥61,663,938.48 in the previous year[23] - Total cash outflow from investment activities was $262,975,433.41, an increase from $159,504,713.78 in the previous year, resulting in a net cash flow from investment activities of -$251,079,370.98 compared to -$157,822,070.09 last year[24] - Cash inflow from financing activities totaled $197,727,652.58, significantly lower than $1,500,224,604.03 in the same period last year, with a net cash flow from financing activities of $775,049.53 compared to $1,444,155,096.90 previously[24] - The net increase in cash and cash equivalents was -$245,255,483.82, a stark contrast to the increase of $1,224,862,289.14 in the prior year[24] - The ending balance of cash and cash equivalents was $713,494,837.46, down from $1,320,884,777.09 at the end of the previous year[24] Shareholder Information - The number of ordinary shares outstanding at the end of the reporting period was 4,234,000, with a total of 4,234 shareholders[11] - The top shareholder, Jiangsu Yangtai Enterprise Management Co., Ltd., holds 19.02% of the shares, totaling 21,834,053 shares[11] Future Plans - The company has plans for market expansion and new product development, although specific details were not disclosed in the report[13] Other Information - The company experienced a foreign exchange impact of $90,732.37 on cash and cash equivalents, compared to $193,200.81 last year[24] - The company did not apply new accounting standards or interpretations for the current year[24] - The report was issued by the board of Shanghai Jiao Cheng Ultrasonic Technology Co., Ltd. on October 27, 2023[25]

证券代码：688392 证券简称：骄成超声 公告编号：2023-041 上海骄成超声波技术股份有限公司 关于召开 2023 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： 会议召开时间：2023 年 11 月 6 日(星期一)下午 16:00-17:00 会议召开地点 ： 上 海 证 券 交 易 所 上 证 路 演 中 心 （ 网址： http://roadshow.sseinfo.com/） 会议召开方式：上证路演中心网络互动 投资者可于 2023 年 10 月 30 日（星期一）至 11 月 3 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 ir@sbt- sh.com 进行提问。公司将在说明会上对投资者普遍关注的问题进行回答。 上海骄成超声波技术股份有限公司（以下简称"公司"）已于 2023 年 10 月 28 日发布公司 2023 年第三季度报告，为便于广大投资者更全面深入地了解 公司 2023 年第三季度经营成果、财务状况，公司 ...

证券代码：688392 证券简称：骄成超声 公告编号：2023-040 上海骄成超声波技术股份有限公司 关于变更保荐代表人的公告 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。 上海骄成超声波技术股份有限公司（以下简称"公司"）于近日收到海通证 券股份有限公司（以下简称"海通证券"）出具的《关于更换上海骄成超声波技 术股份有限公司持续督导保荐代表人的函》。海通证券作为公司首次公开发行股 票并在科创板上市的保荐机构，原指定保荐代表人黄晓伟先生、盛科先生负责保 荐工作及持续督导工作，持续督导期至 2025 年 12 月 31 日。 现因盛科先生工作变动，无法继续从事对公司的持续督导工作。为保证持续 督导工作的有序进行，海通证券现委派保荐代表人申晓斌先生（简历详见附件） 接替盛科先生继续履行持续督导工作。 本次保荐代表人变更后，公司首次公开发行股票并在科创板上市持续督导保 荐代表人为黄晓伟先生和申晓斌先生。 公司董事会对盛科先生在公司首次公开发行股票并在科创板上市及持续督 导期间所做的工作表示衷心感谢！ 特此公告。 上海骄成超声 ...

Group 1: Market Demand and Opportunities - The company currently has no bulk orders for roll welding equipment [2] - In the automotive wiring harness and IGBT sectors, the annual market demand for ultrasonic welding equipment is projected to be between 500 million to 1 billion CNY [2] - The high-voltage wiring harness market is expected to grow alongside the new energy vehicle market, providing continuous momentum for ultrasonic welding equipment development [2] Group 2: Application and Technology Development - The company is exploring various applications of ultrasonic technology in the new energy lithium battery sector, including ultrasonic dust removal and scanning [3] - A multidisciplinary team has been established to enhance the company's ability to develop equipment for different application scenarios [3] Group 3: Competitive Landscape - In the automotive wiring harness welding sector, the main competitor is Germany's Schunk, which holds a significant market share, while the company's market share is currently low [3] - The company collaborates with notable clients in the IGBT sector, including Infineon and Guangdong Chip Energy, and aims to deepen relationships to enhance business prospects [4] Group 4: Financial and R&D Strategy - The company employs various payment models with clients, including the 334 model (prepayment, delivery payment, acceptance payment) and others, with 30%-40% of the payment made after acceptance [3] - The company plans to increase R&D investment in new products and technologies to improve market share and core component manufacturing capabilities [4] - The competitive landscape in the traditional power battery ear welding sector is stable, with established relationships with major domestic battery manufacturers [5]

证券代码：688392 证券简称：骄成超声 公告编号：2023-038 上海骄成超声波技术股份有限公司 关于参加 2023 年半年度新能源及新材料行业 集体业绩说明会的公告 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。 本次业绩说明会以线上文字互动形式召开，公司将针对 2023 半年度的经营 成果及财务指标的具体情况与投资者进行互动交流和沟通，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。 二、 说明会召开的时间、方式 1 (一) 会议线上交流时间：2023 年 9 月 8 日(星期五)下午 13:00-15:00 重要内容提示： 会议线上交流时间：2023 年 9 月 8 日(星期五)下午 13:00-15:00 会议召开方式：线上文字互动 线 上 文 字 互 动 平 台 ： 上 海 证 券 交 易 所 上 证 路 演 中 心 （http://roadshow.sseinfo.com/） 投资者可于 2023 年 9 月 7 日(星期四)16:00 前将需要了解和关注的问题 通过电子邮件的形式发送至公司邮箱 ...

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 年度持续督导半年度跟踪报告 | 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、盛科 | 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 6 月 30 日持续督导 ...