Investment Rating - The report assigns a "Buy-A" rating to the company with a target price of 89.5 RMB for 2024 [8][33] Core Views - The company's revenue in 2023 reached 2.066 billion RMB, a year-on-year increase of 33.75%, while net profit attributable to the parent company decreased by 31.28% to 169 million RMB [1] - In Q4 2023, the company achieved revenue of 676 million RMB, up 27.03% year-on-year, but net profit attributable to the parent company fell by 55.37% to 37 million RMB [1] - For Q1 2024, the company's revenue surged 105.47% year-on-year to 701 million RMB, with net profit attributable to the parent company increasing by 53.42% to 60 million RMB [1][3] - The company's module product revenue in 2023 grew significantly by 126.13% to 925 million RMB, while structural parts revenue decreased by 1.75% to 491 million RMB [2] - The company's gross profit margin in 2023 was 25.20%, showing a declining trend due to increased costs from early investments in equipment and talent [2] Financial Performance - The company's 2023 revenue breakdown: module products (925 million RMB, +126.13%), structural parts (491 million RMB, -1.75%), process parts (457 million RMB, +11.95%), and gas pipelines (165 million RMB, -22.00%) [2] - For 2024-2026, the company is expected to achieve revenues of 2.975 billion RMB, 4.165 billion RMB, and 5.414 billion RMB, respectively, with net profits of 375 million RMB, 477 million RMB, and 603 million RMB [8] - The company's 2024 PE ratio is estimated at 50.00X, with a target price of 89.5 RMB [8] Business Overview - The company's products include process parts, structural parts, module products, and gas pipelines, primarily used in semiconductor equipment [32] - The company serves both domestic and international semiconductor equipment leaders, including domestic clients like Naura and AMEC, and international clients like Tokyo Electron and ASMI [32] - The company's products are applied in key semiconductor manufacturing processes such as etching, thin film deposition, lithography, and chemical mechanical polishing [32]

Financial Performance - The company's operating revenue for Q1 2024 reached ¥701,476,021.12, representing a year-on-year increase of 105.47%[3] - Net profit attributable to shareholders for the same period was ¥60,429,613.63, reflecting a growth of 53.42% compared to the previous year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses surged by 1,384.83%, amounting to ¥54,027,306.43[3] - Basic earnings per share for the quarter stood at ¥52.63, driven by the increase in net profit attributable to shareholders[3] - Total operating revenue for Q1 2024 reached ¥701,476,021.12, a significant increase of 105.6% compared to ¥341,395,501.72 in Q1 2023[38] - Net profit for Q1 2024 was ¥50,826,577.08, representing a 31.5% increase from ¥38,621,889.28 in Q1 2023[40] - The net profit attributable to shareholders of the parent company for Q1 2024 was ¥60,429,613.63, compared to ¥39,388,111.47 in Q1 2023, marking a growth of 53.5%[40] - The company reported a total profit of ¥67,075,185.73 for Q1 2024, compared to ¥46,458,616.43 in Q1 2023, indicating a year-over-year increase of 44.4%[40] - Other income for Q1 2024 was ¥42,139,564.19, up from ¥21,295,576.27 in Q1 2023, reflecting a growth of 97.5%[38] - The total comprehensive income attributable to the parent company was 60,395,920.59, an increase from 39,770,840.14 in the previous period, reflecting improved profitability[50] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 9,498, with the largest shareholder holding 16.91% of the shares[12] - The company has not reported any significant changes in shareholder structure or major strategic shifts during the reporting period[41] Cash Flow and Liquidity - The net cash flow from operating activities was negative at -¥80,464,953.10, indicating a cash outflow[28] - The net cash flow from operating activities was -80,464,953.10, an improvement from -97,081,512.78 in the previous period, indicating a reduction in cash outflow[43] - Cash inflow from investment activities totaled 912,475,920.00, significantly lower than 5,059,273,965.19 in the previous period, reflecting a decrease in investment recovery[43] - The net cash flow from investment activities was -347,148,758.24, compared to -468,023,529.05 in the previous period, showing a smaller loss[43] - Cash inflow from financing activities was 214,134,954.82, up from 110,324,511.36 in the previous period, indicating increased financing efforts[43] - The net cash flow from financing activities was 94,237,960.43, slightly lower than 97,427,192.83 in the previous period, suggesting stable financing conditions[43] - The cash and cash equivalents decreased to ¥1,245,083,984.12 from ¥1,578,704,403.38, representing a decline of approximately 21.14%[22] - The cash and cash equivalents at the end of the period were 1,207,722,867.11, down from 1,492,530,472.93 in the previous period, indicating a decrease in liquidity[44] - The cash outflow from operating activities totaled 610,591,119.80, compared to 436,398,867.84 in the previous period, reflecting increased operational expenses[43] Assets and Liabilities - As of March 31, 2024, total assets amounted to ¥7,591,584,263.40, a slight increase of 0.02% compared to ¥7,589,863,878.25 at the end of the previous year[22] - The total liabilities increased to ¥2,842,943,377.97 from ¥2,829,980,141.29, reflecting a growth of approximately 0.43%[23] - The equity attributable to shareholders of the listed company slightly decreased to ¥4,563,215,640.68 from ¥4,564,855,455.66, a decline of 0.04%[23] - The total current assets decreased to ¥3,908,238,496.24 from ¥4,076,810,157.16, a reduction of about 4.13%[22] - Non-current assets increased to ¥3,683,345,767.16 from ¥3,513,053,721.09, showing an increase of approximately 4.84%[22] - The total liabilities and shareholders' equity amounted to 7,591,584,263.40, showing stability in the company's financial structure[47] Research and Development - Research and development expenses totaled ¥47,047,391.14, accounting for 6.71% of operating revenue, a decrease of 4.31 percentage points compared to the previous year[28] - Research and development expenses for Q1 2024 amounted to ¥47,047,391.14, an increase of 25% from ¥37,634,797.41 in Q1 2023[38] - The company is committed to ongoing research and development of new products and technologies to maintain competitive advantage[9] Strategic Focus - The company experienced significant growth in revenue due to increased demand from downstream customers[9] - The company plans to continue leveraging scale effects to enhance profit margins in the future[9] - The company has identified key non-recurring gains and losses that significantly impacted financial results, which will be monitored closely going forward[9] - The company is focused on expanding its market presence and exploring potential mergers and acquisitions to drive future growth[9]

证券代码：688409 证券简称：富创精密 公告编号：2024-030 二、说明会召开的时间、地点 （一） 会议召开时间：2024 年 5 月 13 日(星期一)上午 9:00-10:00 沈阳富创精密设备股份有限公司 关于召开 2023 年度暨 2024 年第一季度 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： 投资者可于 2024 年 5 月 6 日(星期一)至 5 月 10 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 zhengquanbu@syamt.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。 沈阳富创精密设备股份有限公司（以下简称"公司"）已于 2024 年 4 月 27 日发布《2023 年年度报告》、2024 年 4 月 30 日发布《2024 年第一季度报告》， 为便于广大投资者更全面深入地了解公司 2023 年度、2024 年第一季度经营成果、 财 ...

沈阳富创精密设备股份有限公司 审计报告及财务报表 二〇二三年度 您可使用手机"扫一扣"或进入"注册会计师行业统一监管平台（http://ccc.mining.com/c the 沈阳富创精密设备股份有限公司 审计报告及财务报表 (2023 年 01 月 01 日至 2023 年 12 月 31 日止 ) | 目录 | 页次 | | --- | --- | | 审计报告 | 1-6 | | 财务报表 | | | 合并资产负债表和母公司资产负债表 | 1-4 | | 合并利润表和母公司利润表 | ર-Q | | 合并现金流量表和母公司现金流量表 | 7-8 | | 合并所有者权益变动表和母公司所有者权益变动 | 9-12 | | 表 | | | 财务报表附注 | 1-113 | ▽信会计师事务所(特殊普通合伙) O CHINA SHU LUN PAN CERTIFIED PUBLIC ACCOUNTANTS LLP 审计报告 信会师报字[2024]第 ZA11268 号 沈阳富创精密设备股份有限公司全体股东: 一、审计意见 我们审计了沈阳富创精密设备股份有限公司(以下简称富创精密) 财务报表,包括2023年12月 ...

关于本报告 2023 ESG 年 度 报告 2023 ESG 年 度 报告 | 报告简介 | 本报告全面阐述沈阳富创精密设备股份有限公司2023年度在环境、社 会及公司治理方面的管理举措与可持续发展表现。 | | --- | --- | | 披露范围 | 本报告涵盖公司2023年1月1日至12月31日(以下简称"报告期")的 信息和数据，为增加报告的完整性、可比性、时效性，部分内容追溯 | | | 以往年份，或延伸至2024年。本报告内容涵盖富创及所有子公司，其 | | | 中少部分数据涵盖范围少于以上范围。本报告披露周期为年度。 | | | 参考《上海证券交易所上市公司自律监管指引第1号⸺规范运作（第 八章）》编制 | | 编制依据 | 参考 全球报告倡议组织可持续发展报告标准(GRIStandards)编制 | | | 参考《中国企业社会责任报告指南(CASS-ESG5.0)》编制 | | | 本报告中的环境、社会及治理数据来自公司内部相关统计报告或文件。 | | 数据说明 | 公司所涉及货币金额以人民币作为计量币种。 | | | 为了方便表述和阅读，简称沈阳富创精密设备股份有限公司为"富创 | | 称谓 ...

您可使用手机"扫一扫"或进入"注册会计师行证明该审计报告是否用具有执业许可的会计师事务 您可使用手机"扫一扫"或进入"注册会计师行业统一监管平台（http://acc.mof.gov.cn）"进 报告编码:沪24 沈阳富创精密设备股份有限公司 鉴证报告 2023 年度 鉴证报告第1页 . 关于沈阳富创精密设备股份有限公司 2023年度募集资金存放与 使用情况专项报告的鉴证报告 信会师报字[2024]第ZA11270号 沈阳富创精密设备股份有限公司全体股东: 我们接受委托,对后附的沈阳富创精密设备股份有限公司(以下 简称"富创精密"） 2023年度募集资金存放与使用情况专项报告(以 下简称"募集资金专项报告")执行了合理保证的鉴证业务。 一、董事会的责任 富创精密董事会的责任是按照中国证券监督管理委员会《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 (2022年修订)》(证监会公告〔2022〕15号)、《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》以及《上海证券 交易所上市公司自律监管指南第1号 -- 公告格式》的相关规定编制 募集资金专项报告。这种责任包括设计、执 ...

Financial Performance - The company achieved operating revenue of RMB 2,065.76 million, an increase of 33.75% compared to the same period last year[44]. - The net profit attributable to shareholders of the listed company was RMB 168.69 million, a decrease of 31.28% year-on-year[44]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was RMB 86.39 million, down 51.48% from the previous year[44]. - In 2023, the company's operating revenue reached CNY 206,575.59 million, a year-on-year increase of 33.75%[67]. - The net profit attributable to shareholders was CNY 16,868.79 million, a decrease of 31.28% compared to the previous year[69]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 8,639.02 million, down 51.48% year-on-year[69]. - The company's cash flow from operating activities was negative CNY 38,638.18 million, primarily due to increased inventory and slow customer payment cycles in mainland China[69]. - The basic earnings per share decreased by 44.14% to CNY 0.81, while diluted earnings per share also fell by 44.14%[70]. Dividend and Capital Increase - The company plans to distribute a cash dividend of RMB 5.00 per 10 shares (including tax) and to increase capital by 4.8 shares for every 10 shares held, resulting in a total cash dividend of RMB 103,098,605 and a capital increase of 98,974,660 shares[11]. - The total share capital before the proposed capital increase is 209,053,334 shares, which will increase to 308,027,994 shares post-implementation[11]. - The company's total share capital will be adjusted based on the final registration results from the China Securities Depository and Clearing Corporation[11]. Research and Development - Research and development expenses accounted for 9.97% of operating revenue, an increase of 2.08 percentage points from the previous year[68]. - The company is focused on continuous R&D to keep pace with process advancements and semiconductor equipment updates[40]. - The company has increased its investment in high-end technical talent to strengthen its core business[82]. - The company is committed to increasing its R&D investment to enhance product performance and process levels, focusing on collaboration with clients and universities for joint research initiatives[138]. - In 2023, the company's R&D investment totaled approximately 20,601.63 million CNY, a significant increase of 69.08% compared to 12,184.83 million CNY in the previous year[150]. - The company applied for 132 new patents during the reporting period, with 53 patents granted, bringing the total to 688 applications and 235 granted patents[150]. Market and Economic Conditions - The company faces risks related to macroeconomic fluctuations affecting downstream application fields, which could significantly impact business performance[43]. - Future market demand in sectors such as 5G communication, consumer electronics, and automotive electronics may be impacted by economic volatility[44]. - The global semiconductor equipment market is dominated by international manufacturers, and any trade barriers could adversely affect the company's export business[43]. - The semiconductor industry is currently in a downturn, but there are signs of recovery in the second half of 2023[82]. Operational Challenges - The company has experienced a rapid increase in accounts receivable due to business expansion, which may impact performance if not managed effectively[36]. - The company faces risks related to tax incentives and government subsidies, which accounted for 18.33% and 62.54% of total profit, respectively[179]. - The company operates in the semiconductor equipment precision components industry, facing challenges due to smaller business scale and weaker capital strength compared to international peers[185]. - The company's cash flow from operating activities was negative CNY 38,638.18 million, primarily due to increased inventory and slow customer payment cycles in mainland China[69]. Strategic Initiatives - The company is exploring new strategies for market expansion and potential mergers and acquisitions to enhance its competitive position[44]. - The company has established wholly-owned subsidiaries in Singapore and the United States to expand international business and enhance global layout[106]. - The company has established long-term stable partnerships with major semiconductor equipment manufacturers, expanding overseas capacity and setting up wholly-owned subsidiaries to enhance international business[167]. Governance and Compliance - The company has received a standard unqualified audit report from the accounting firm, ensuring the accuracy of the financial statements[4]. - The company is actively enhancing its internal governance structure to comply with relevant laws and regulations, aiming to improve overall governance levels[110]. Environmental and Energy Management - The company has established an energy management system to monitor and manage energy usage, aiming to reduce greenhouse gas emissions and enhance energy conservation awareness among employees[194].

沈阳富创精密设备股份有限公司 二、独立董事年度履职概况 公司于2023年10月完成换届选举工作，换届后本人不再担任 公司独立董事，也不在公司担任任何职务。 独立董事 2023 年度述职报告 作为沈阳富创精密设备股份有限公司（以下简称"公司"或 "富创精密"）独立董事期间内，本人严格按照《中华人民共和 国公司法》、《中华人民共和国证券法》、《上市公司治理准则》 及《上市公司独立董事管理办法》等有关法律、法规、规范性文 件和《沈阳富创精密设备股份有限公司章程》（以下简称"《公 司章程》"）《沈阳富创精密设备股份有限公司独立董事制度》 （以下简称"《独立董事制度》"）等相关规定，积极参加公司 董事会，认真审议议案，并对相关事项发表独立意见，积极履职， 尽职尽责，充分发挥独立董事作用，切实维护公司整体利益和全 体股东尤其是中小股东的合法权益。 报告期内，因公司第一届董事会届满，换届后本人离任公司 独立董事及董事会审计委员会委员、提名委员会委员、薪酬与考 核委员会主任委员职务，并不再担任公司任何职务。现将2023 年度本人担任公司独立董事期间履职情况报告如下： 一、独立董事的基本情况 （一）个人工作履历、专业背景以及兼 ...

沈阳富创精密设备股份有限公司 独立董事 2023 年度述职报告 作为沈阳富创精密设备股份有限公司（以下简称"公司"或 "富创精密"）独立董事期间内，本人严格按照《中华人民共和 国公司法》、《中华人民共和国证券法》、《上市公司治理准则》 及《上市公司独立董事管理办法》等有关法律、法规、规范性文 件和《沈阳富创精密设备股份有限公司章程》（以下简称"《公 司章程》"）《沈阳富创精密设备股份有限公司独立董事制度》 （以下简称"《独立董事制度》"）等相关规定，积极参加公司 股东大会、董事会等会议，认真审议议案，并对相关事项发表独 立意见，积极履职，尽职尽责，充分发挥独立董事作用，切实维 护公司整体利益和全体股东尤其是中小股东的合法权益。 报告期内，本人于2023年10月就任公司独立董事及薪酬与考 核委员会主任委员、审计委员会委员和提名委员会委员，现将 2023年度履职情况报告如下： 一、独立董事的基本情况 （一）个人工作履历、专业背景以及兼职情况 傅穹先生，男，1970年出生，中国国籍，无境外永久居住权， 博士研究生学历，民商法学专业。1995年至今任吉林大学法学院 教授；2008年至2016年，兼任吉林财经大学法学院 ...

沈阳富创精密设备股份有限公司 专项报告 2023 年度 您可使用手机"打一扫"或进入"注册会计师行业统一监管平台（htm://acc.mof.co 关于沈阳富创精密设备股份有限公司 非经营性资金占用及其他关联资金往来情况 的专项报告 信会师报字[2024]第 ZA11271 号 沈阳富创精密设备股份有限公司全体股东: 我们审计了沈阳富创精密设备股份有限公司(以下简称"富创精 密")2023年度的财务报表,包括 2023年 12月 31 目的合并及母公司 资产负债表、2023 年度合并及母公司利润表、合并及母公司现金流 量表、合并及母公司所有者权益变动表和相关财务报表附注,并于 2024 年 4 月 26 日出具了报告号为信会师报字 ZA11268 的无保留意见 审计报告。 富创精密管理层根据中国证券监督管理委员会《上市公司监管指 引第 8 号 -- 上市公司资金往来、对外担保的监管要求》(证监会公 告(2022)26 号)和上海证券交易所《科创板上市公司自律监管指 南第 7 号 -- 年度报告相关事项》的相关规定编制了后附的 2023 年 度非经营性资金占用及其他关联资金往来情况汇总表(以下简称"汇 总表") ...