证券代码：688418 证券简称：震有科技 公告编号：2024-041 具体内容详见公司同日披露于上海证券交易所网站（www.sse.com.cn）的《关 于为控股子公司融资提供担保的公告》（公告编号：2024-042）。 深圳震有科技股份有限公司 第三届监事会第三十次会议决议公告 本公司监事会及全体监事保证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。 深圳震有科技股份有限公司（以下简称"公司"）第三届监事会第三十次会 议于 2024 年 11 月 8 日在公司会议室以现场结合通讯表决方式召开。本次会议通 知已于 2024 年 11 月 4 日以电话或电子邮件方式送达全体监事。本次会议由监事 会主席刘玲女士召集并主持，会议应出席监事 3 名，实际出席监事 3 名。本次会 议的召集、召开与表决程序符合《公司法》等法律法规及《公司章程》等规定。 （一）审议并通过《关于为控股子公司融资提供担保的议案》 经审核，本次公司为控股子公司山东齐鲁数通科技有限公司融资提供担保是 为满足子公司经营发展的需要，有利于支持其业务发展，不存在损害公司及股东 利益的情形。被 ...

证券代码：688418 证券简称：震有科技 公告编号：2024-044 深圳震有科技股份有限公司 股票交易异常波动公告 公司股票于 2024 年 11 月 6 日、11 月 7 日、11 月 8 日连续 3 个交易日内收 盘价格涨幅偏离值累计达到 30%，根据《上海证券交易所交易规则》的相关规定， 属于股票交易异常波动的情形。 二、公司关注并核实的相关情况 根据上海证券交易所相关规定，公司对相关事项进行核查并向公司控股股东、 实际控制人发函询证，对相关问题进行了必要的核实。现将相关情况说明如下： （一）日常经营情况 本公司董事会及全体董事保证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： ●深圳震有科技股份有限公司（以下简称"公司"）股票于 2024 年 11 月 6 日、11 月 7 日、11 月 8 日连续 3 个交易日内收盘价格涨幅偏离值累计达到 30%， 根据《上海证券交易所交易规则》的相关规定，属于股票交易异常波动的情形。 ●经公司自查，公司目前日常经营情况正常，未发生重大变化。经公司向控 股股东、实际控制人发函询证，截至本 ...

证券代码：688418 证券简称：震有科技 公告编号：2024-042 深圳震有科技股份有限公司 关于为控股子公司融资提供担保的公告 本公司董事会及全体董事保证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： 被担保人名称：山东齐鲁数通科技有限公司（以下简称"齐鲁数通""被担 保人"）系深圳震有科技股份有限公司（以下简称"公司"）的控股子公司。 本次担保金额及已实际为其提供的担保余额：公司控股子公司齐鲁数通拟向 齐鲁银行股份有限公司济南阳光舜城支行（以下简称"齐鲁银行"）申请授信额 度不超过人民币 500 万元，拟向青岛银行股份有限公司济南分行（以下简称"青 岛银行"）申请授信额度不超过人民币 400 万元，公司为控股子公司齐鲁数通在 上述授信额度内提供总额不超过人民币 900 万元的担保。截至本公告披露日，公 司为齐鲁数通提供担保余额为人民币 500 万元。 一、担保情况概述 （一）情况概述 公司控股子公司齐鲁数通为满足日常经营发展的资金需要，拟向齐鲁银行申 请授信额度不超过人民币 500 万元，期限不超过 1 年；向青岛银行申请授信 ...

2、截至目前，除在指定媒体上已公开披露的信息外，本人不存在涉及贵公 司应披露而未披露的重大信息，包括但不限于正在筹划并购重组、股份发行、债 务重组、业务重组、资产剥离和资产注入等重大事项； 3、本人在贵公司本次股票异常波动期间，不存在买卖贵公司股票的情况。 此复。 吴闽华 2024 年 11 月 8 日 《关于深圳震有科技股份有限公司股票交易异常波动 有关事项的询证函》的回函 致：深圳震有科技股份有限公司 贵公司《关于深圳震有科技股份有限公司股票交易异常波动有关事项的询 证函》已收悉，经认真自查核实，本人作为贵公司控股股东及实际控制人，现就 公司问询事项回复如下： 1、截至目前，除在指定媒体上已公开披露的信息外，本人不存在对贵公司 股票价格可能产生较大影响或影响投资者合理预期的应予披露而未披露的重大 事项； ...

证券代码：688418 证券简称：震有科技 公告编号：2024-043 深圳震有科技股份有限公司 关于召开 2024 年第二次临时股东大会的通知 本公司董事会及全体董事保证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： 一、 召开会议的基本情况 （一） 股东大会类型和届次 2024 年第二次临时股东大会 召开日期时间：2024 年 11 月 25 日 15 点 00 分 召开地点：广东省深圳市南山区高新南区科苑南路 3176 号彩讯科技大厦深 圳震有科技股份有限公司会议室 （五） 网络投票的系统、起止日期和投票时间。 网络投票系统：上海证券交易所股东大会网络投票系统 网络投票起止时间：自 2024 年 11 月 25 日 至 2024 年 11 月 25 日 | 序号 | 议案名称 | 投票股东类型 | | --- | --- | --- | | | | 股股东 A | | 非累积投票议案 | | | | 1 | 《关于为控股子公司融资提供担保的议案》 | √ | 1、 说明各议案已披露的时间和披露媒体 股东大会召开日期：2024年1 ...

Investment Rating - The report maintains a "Recommended" rating for the company [2][4]. Core Viewpoints - The company reported a revenue of 577 million yuan for the first three quarters of 2024, representing a year-on-year growth of 11.43%, and achieved a net profit of 17 million yuan, successfully turning a profit [2]. - In Q3 2024, the company generated a revenue of 201 million yuan, an increase of 3.53% year-on-year, with a net profit of 8.88 million yuan, up 206.33% year-on-year, attributed to cost control and increased investment income from the disposal of a subsidiary [2]. - The company is positioned as a leader in the satellite internet sector, having secured significant satellite orders, including a contract worth 112 million USD for satellite communication projects [2]. - The industry is entering a golden development phase with the successful launch of the first batches of low-orbit communication satellites, marking the beginning of China's satellite constellation network [2]. - The company is expected to see substantial growth in net profit from 25 million yuan in 2024 to 119 million yuan in 2026, with corresponding PE ratios of 180X, 54X, and 38X [2][3]. Financial Summary - For 2024, the company is projected to have total revenue of 996 million yuan, with a growth rate of 12.6% [5]. - The net profit for 2024 is estimated at 25 million yuan, with a significant growth rate of 129.34% [5]. - The company’s gross margin is expected to improve from 40.51% in 2023 to 49.81% in 2024 [5]. - The total assets are projected to grow from 1.865 billion yuan in 2023 to 2.949 billion yuan in 2026 [6]. - The company’s debt ratio is expected to increase from 52.24% in 2023 to 62.78% in 2026, indicating a rising leverage [6].

Financial Performance - The company's operating revenue for Q3 2024 was ¥200,939,292.34, representing a year-on-year increase of 3.53%[2] - Net profit attributable to shareholders for Q3 2024 was ¥8,877,302.73, a significant increase of 206.33% compared to the same period last year[2] - The basic earnings per share for Q3 2024 was ¥0.0461, reflecting a year-on-year increase of 205.30%[2] - The company reported a net loss of CNY 206,121,722.28 for the first three quarters of 2024, an improvement from a net loss of CNY 222,727,873.28 in the same period of 2023[16] - The net profit for Q3 2024 was CNY 16,679,116.19, a significant recovery from a net loss of CNY 45,256,975.05 in the same period last year, marking a turnaround of over 136.9%[19] - The total comprehensive income for Q3 2024 was CNY 17,376,993.81, compared to a loss of CNY 45,315,678.13 in Q3 2023, indicating a substantial improvement[20] - Basic earnings per share for Q3 2024 were CNY 0.0862, recovering from a loss of CNY 0.2186 per share in Q3 2023[20] Assets and Liabilities - Total assets at the end of Q3 2024 amounted to ¥1,739,835,323.25, a decrease of 6.69% from the end of the previous year[4] - The company's total assets as of the end of Q3 2024 were CNY 1,739,835,323.25, a decrease from CNY 1,864,604,646.91 at the end of Q3 2023[17] - Total liabilities decreased to CNY 825,446,279.85 in Q3 2024 from CNY 974,031,745.60 in Q3 2023, showing a reduction of about 15.2%[16] - The company's total non-current assets were CNY 305,359,198.55 in Q3 2024, down from CNY 330,510,739.32 in Q3 2023, indicating a decrease of about 7.6%[15] Cash Flow - The net cash flow from operating activities for the year-to-date period was -¥38,801,478.34, indicating a significant improvement in cash flow management[2] - Operating cash flow for the first three quarters of 2024 was CNY -38,801,478.34, an improvement from CNY -119,649,369.91 in the same period last year[22] - The company reported cash inflows from operating activities totaling CNY 836,457,580.10 for the first three quarters of 2024, compared to CNY 724,780,691.30 in the previous year[21] - The company's cash and cash equivalents decreased from RMB 212,303,662.61 at the end of 2023 to RMB 101,260,083.35 as of September 30, 2024[14] - Cash and cash equivalents at the end of Q3 2024 stood at CNY 95,617,821.14, down from CNY 115,178,077.72 at the end of Q3 2023[23] Shareholder Information - The total number of common shareholders at the end of the reporting period was 11,758[9] - The largest shareholder, Wu Minhua, holds 32,147,460 shares, representing 16.60% of the total shares[9] - The second-largest shareholder, Ningbo Zhenyou Enterprise Management Partnership, holds 28,855,002 shares, representing 14.90% of the total shares[9] - The total number of preferred shareholders with restored voting rights is 0[9] - The company has no pledged, marked, or frozen shares among its major shareholders[9] - The company has not disclosed any related party transactions among its major shareholders, except for the relationship between Wu Minhua and Ningbo Zhenyou Enterprise Management Partnership[11] Research and Development - Research and development expenses totaled ¥45,651,598.17 in Q3 2024, accounting for 22.72% of operating revenue, a decrease of 2.86 percentage points year-on-year[4] - Research and development expenses for the first three quarters of 2024 amounted to CNY 132,652,472.76, up from CNY 124,346,121.59 in 2023, reflecting an increase of approximately 6.5%[18] Future Outlook - The company plans to continue focusing on cost control and efficiency improvements to sustain profitability growth in the upcoming quarters[7]

Investment Rating - The report maintains a "Buy" rating for the company, reflecting positive expectations for its future performance [4] Core Views - The company achieved a turnaround in H1 2024 with revenue of 376 million yuan, up 16.2% YoY, and net profit of 7.73 million yuan [1] - Overseas telecom orders are accelerating recovery, with significant project wins in South Asia, Southeast Asia, Middle East, and Africa [2] - The company is emerging as a core supplier in satellite communication, securing a 112 million USD contract and multiple satellite internet core network projects [2] - Domestic public and private network businesses remain stable, with continued cooperation with major telecom operators and successful bids for 5G projects [2] Financial Performance - Q2 2024 revenue reached 196 million yuan, up 4.3% YoY, with net profit of 740,000 yuan [1] - Revenue is expected to grow to 1.11/1.33/1.53 billion yuan in 2024-2026, with net profit projected at 40/100/140 million yuan [2] - The company's PE ratio is estimated at 69/28/20x for 2024-2026 [2] Business Development - Overseas telecom market recovery is driving growth, with increased project deliveries and improved gross margins [2] - The company has secured multiple international projects, including: - Bangladesh: Banglalink ISBC Phase III, Ringtech ICX Phase II, AGNI ICX Phase II [2] - Southeast Asia: Cloud PBX project [2] - India: TATA IMS expansion and BSNL optical transmission maintenance [2] - Middle East: Iraq fixed network expansion [2] - Africa: Angola 5G private network and Mauritania ATSS Phase IV [2] Satellite Communication - The company is positioning itself as a key player in satellite communication, with: - 112 million USD satellite communication equipment and service contract [2] - Multiple satellite internet core network project wins [2] - Development of 5G+satellite integrated services, including BeiDou satellite multimedia communication [2] Domestic Market - Continued strong performance in domestic public and private networks: - China Telecom: TianTong-1 core network expansion [2] - China Unicom: 5G private network gateway Phase II [2] - China Broadcasting Network: 5G core network Phase II welcome message system [2] - Multiple provincial XG-PON equipment projects [2] - Successful bid for China Broadcasting Network's 5G to B private network project [2] Financial Projections - Revenue growth is expected to continue at 25.1%/19.8%/15.1% in 2024-2026 [3] - Net profit margin is projected to improve from -9.8% in 2023 to 3.7%/7.5%/9.1% in 2024-2026 [9] - ROE is forecast to turn positive, reaching 4.7%/10.3%/12.5% in 2024-2026 [9]

Investment Rating - The report initiates coverage with a "Buy" rating for the company [2][25]. Core Views - The company possesses autonomous and controllable R&D capabilities in core network technology, continuously investing in 5G communication network systems and satellite internet development, making it one of the few domestic companies with core network technology capabilities in satellite internet [2][11]. - The company is actively participating in the China Star Network low-orbit satellite core network project, which is crucial for the integration of satellite and terrestrial communication networks, positioning the company favorably in a rapidly growing market [2][14]. - The domestic satellite internet market requires technology to be autonomous and controllable, providing opportunities for the company as competitors like Ericsson and Nokia face restrictions [2][18]. Summary by Sections Core Network as an Important Component of Satellite Internet - The core network is a vital part of the satellite-ground integrated communication architecture, which includes terminal, wireless access network, bearer network, and core network [9]. - The satellite internet core network consists of both ground and satellite core networks, with the current focus on reducing latency and improving service efficiency through satellite-based data forwarding [9][18]. Participation in China Star Network Low-Orbit Satellite Project - The China Star Network, established with state-owned enterprises, is set to receive significant support for its development, enhancing the company's involvement in the project [14]. - The company won the bid for the prototype system project of the low-orbit satellite core network in 2022 and is involved in setting technical standards and system construction [2][17]. Growth Prospects for Core Network Business - The company is expected to benefit from the rapid growth of the domestic satellite internet market, with projected revenues of 1.02 billion, 1.29 billion, and 1.56 billion yuan for 2024, 2025, and 2026 respectively [2][25]. - The core network business is anticipated to see significant growth as the China Star Network progresses into regular launch phases, with a high gross margin expected due to the nature of software and R&D costs [18][19]. Financial Forecasts - The company is projected to achieve revenues of 1.02 billion yuan in 2024, with net profits of 9.21 million yuan, and a PE ratio of 303x [2][25]. - The financial outlook indicates a recovery from previous losses, with expectations of profitability starting in 2024 as operational efficiencies improve [21][25].

证券代码：688418 证券简称：震有科技 公告编号：2024-040 深圳震有科技股份有限公司 关于参加2024 年半年度软件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 9 月 12 日（星期四）下午 16:00 前通过邮件、电话等形 式将需要了解和关注的问题提前提供给公司，公司将在说明会上对投资者普遍关注的 问题进行回答。 一、说明会类型 本次业绩说明会以线上文字互动形式召开，公司将针对 2024 年半年度经营成果 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 （一）会议召开时间：2024 年 9 月 13 日（星期五）下午 14:00-16:00 会议召开时间：2024 年 9 月 13 日（星期五）下午 14:00-16:00 会议召开地点：上海证券交易所上证路演中心（http://roadshow.sseinfo.com/） 会议召开方式：线上文字互动 （二 ...