证券代码：688516 证券简称：奥特维 公告编号：2025-016 转债代码：118042 转债简称：奥维转债 无锡奥特维科技股份有限公司 关于公司对外投资的公告 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： 投资标的名称：江苏润阳新能源科技股份有限公司（以下简称"润 阳股份"、"目标公司"）； 投资金额：无锡奥特维科技股份有限公司（以下简称"公司"、"奥 特维"）以对目标公司的债权人民币 1.80 亿元向目标公司增资。 增资完成后，公司持有目标公司股权 10,125,000 股，占目标公司 总股本的 2.0225%（因目标公司在同步处理其他债务，因此以债权 增资后股权结构以最终目标公司工商变更登记为）； 本次交易事项已经公司第四届董事会第十次会议、第四届监事会第 十次会议审议通过。根据《上海证券交易所科创板股票上市规则》 和《公司章程》的相关规定，本次交易事项不属于关联交易，不构 成《上市公司重大资产重组管理办法》规定的重大资产重组，无需 提交股东大会审议； 本公告中"债转股"指"债权转股权"； 相 ...

证券代码：688516 证券简称：奥特维 公告编号：2025-017 转债代码：118042 转债简称：奥维转债 无锡奥特维科技股份有限公司 第四届监事会第十次会议决议公告 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 无锡奥特维科技股份有限公司（以下简称"公司"）第四届监事会第十 次会议于 2025 年 2 月 25 日召开。本次会议由监事会主席陈霞女士主持，应 到监事 3 名，实到监事 3 名，符合《中华人民共和国公司法》（以下简称 "《公司法》"）和《公司章程》的规定。 经审议，监事会认为：公司本次对外投资旨在尽快化解客户欠款问题， 加快公司货款回收，降低公司坏账风险，优化公司财务结构，同时也有利 于加强与客户的合作。本次投资定价系在目标公司资产评估的基础上经各 方充分协商确定，同时还设置了投资补偿或回购条款，不存在损害上市公 司及全体股东利益的情形。监事会同意公司本次对外投资的事项。具体内容 详见公司于 2025 年 2 月 26 日在上海证券交易所网站（www.sse.com.cn） ...

Investment Rating - The report maintains a "Buy" rating for the company [3] Core Views - The company is evolving into an automation platform that spans photovoltaic, lithium battery, and semiconductor sectors. In the photovoltaic segment, it has secured continuous overseas orders for its monocrystalline furnaces and is a leader in string welding machines with a market share exceeding 70%. The company is expected to benefit from the 0BB iteration [3] - The profit forecast has been adjusted, with the 2024 net profit estimate revised down to 1.57 billion RMB from the previous 1.68 billion RMB, while maintaining the 2025 and 2026 net profit estimates at 1.89 billion RMB and 2.05 billion RMB respectively, corresponding to P/E ratios of 8, 7, and 6 [3] Financial Forecasts and Valuation - Total revenue is projected to grow from 6.30 billion RMB in 2023 to 10.06 billion RMB in 2026, with a year-on-year growth rate of 78.05% in 2023 and gradually decreasing to 7.22% by 2026 [3][9] - The net profit attributable to the parent company is expected to increase from 1.26 billion RMB in 2023 to 2.05 billion RMB in 2026, with a year-on-year growth rate of 76.10% in 2023 and 8.40% in 2026 [3][9] - The latest diluted EPS is forecasted to rise from 3.99 RMB in 2023 to 6.50 RMB in 2026, with corresponding P/E ratios decreasing from 10.50 to 6.44 [3][9] Market Position and Opportunities - The company has successfully received multiple orders for the upgrade of its 0BB string welding machines, totaling over 40GW, indicating strong market demand and recognition of its technology [8] - The report highlights the importance of equipment upgrades in a challenging industry environment, suggesting that the company is well-positioned to capitalize on the demand for existing equipment modifications [8]

Investment Rating - The report maintains a "Buy" rating for the company [3] Core Views - The company is evolving into an automation platform that spans photovoltaic, lithium battery, and semiconductor sectors. In the photovoltaic segment, it has secured continuous overseas orders for its monocrystalline furnaces and is a leader in string welding machines with a market share exceeding 70%. The company is expected to benefit from the 0BB iteration [3] - The profit forecast for 2024 has been adjusted down to 1.57 billion, while the net profit for 2025 and 2026 is maintained at 1.89 billion and 2.05 billion respectively, corresponding to P/E ratios of 8, 7, and 6 [3] - The company has successfully obtained significant upgrade orders for its 0BB string welding machines, totaling over 40GW, indicating strong market recognition of its technology [8] Financial Forecasts and Valuation - Total revenue is projected to grow from 6.30 billion in 2023 to 10.06 billion in 2026, with a year-on-year growth rate of 78.05% in 2023 and gradually decreasing to 7.22% by 2026 [9] - The net profit attributable to the parent company is expected to increase from 1.26 billion in 2023 to 2.05 billion in 2026, with a year-on-year growth rate of 76.10% in 2023 and 8.40% in 2026 [9] - The latest diluted EPS is forecasted to rise from 3.99 in 2024 to 6.50 in 2026, reflecting strong earnings growth [9]

Investment Rating - The investment rating for the company is "Buy" (maintained) [2] Core Insights - The company has secured a large order exceeding 10GW from a leading client, which is expected to support future performance [4] - The 0BB process upgrade solution continues to be optimized, resulting in significant economic benefits for clients [5] - The pace of capacity reduction in the photovoltaic industry may accelerate, with product prices stabilizing across various segments [6] - Despite the current overcapacity in the photovoltaic industry, the company is expected to maintain growth through new cost-effective equipment and upgrades to existing market equipment [7] Summary by Sections Recent Performance - Over the past twelve months, the company's relative return compared to the CSI 300 index has decreased by 41.9%, while the absolute return has decreased by 25.6% [3] Financial Forecast - Projected revenues for 2024-2026 are expected to be 95.3 billion, 102.6 billion, and 112.7 billion yuan, representing year-on-year growth of 51.2%, 7.7%, and 9.8% respectively - Projected net profit for the same period is expected to be 15.8 billion, 17.1 billion, and 20.5 billion yuan, with year-on-year growth of 25.6%, 8.7%, and 19.7% respectively - The price-to-earnings ratio is projected to be 6.7, 6.2, and 5.1 times for the years 2024, 2025, and 2026 respectively [7][11]

Investment Rating - The report maintains a "Buy" rating for the company [1] Core Views - The company has confirmed upgrades for 10GW+ HJT 0BB string welding machines, highlighting opportunities in the photovoltaic equipment sector for stock renovation [1] - The company is positioned to benefit from the ongoing demand for equipment upgrades as the photovoltaic industry faces pressure, with a focus on enhancing existing equipment rather than solely relying on new capacity [1] - The company is evolving into an automation platform that spans photovoltaic, lithium battery, and semiconductor sectors, with significant market share in string welding machines and increasing orders in semiconductor and lithium battery equipment [1] Financial Summary - Total revenue is projected to grow from 6,302 million RMB in 2023 to 10,057 million RMB by 2026, with a compound annual growth rate (CAGR) of approximately 7.22% [1][8] - Net profit attributable to the parent company is expected to rise from 1,256 million RMB in 2023 to 2,048 million RMB in 2026, reflecting a CAGR of about 8.40% [1][8] - The latest diluted EPS is forecasted to increase from 3.99 RMB in 2023 to 6.50 RMB in 2026, indicating strong earnings growth potential [1][8] - The company's P/E ratio is projected to decrease from 10.50 in 2023 to 6.44 in 2026, suggesting improving valuation metrics as earnings grow [1][8]

股票简称：奥特维 股票代码：688516.SH 债券简称：奥维转债 债券代码：118042.SH 无锡奥特维科技股份有限公司 向不特定对象发行可转换公司债券 第二次临时受托管理事务报告 （2025 年度） 受托管理人：平安证券股份有限公司 二〇二五年二月 重要声明 本报告依据《公司债券发行与交易管理办法》《无锡奥特维科技股份有限公 司向不特定对象发行可转换公司债券受托管理协议》（以下简称《受托管理协议》） 《无锡奥特维科技股份有限公司向不特定对象发行可转换公司债券募集说明书》 （以下简称《募集说明书》）等相关规定，以及无锡奥特维科技股份有限公司（以 下简称公司、奥特维或发行人）出具的相关说明文件以及提供的相关资料等，由 本次债券受托管理人平安证券股份有限公司（以下简称平安证券）编制。 本报告不构成对投资者进行或不进行某项行为的推荐意见，投资者应对相关 事宜做出独立判断，而不应将本报告中的任何内容据以作为平安证券所作的承诺 或声明。请投资者独立征询专业机构意见，在任何情况下，投资者不能将本报告 作为投资行为依据。 平安证券作为奥特维向不特定对象发行可转换公司债券（债券简称：奥维转 债，债券代码：118042.S ...

证券代码：688516 证券简称：奥特维 公告编号：2025-015 转债代码：118042 转债简称：奥维转债 无锡奥特维科技股份有限公司 关于可转换公司债券"奥维转债"转股价格调整暨转股停复牌 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： ●证券停复牌情况：适用 因可转债转股价格调整,本公司的相关证券停复牌情况如下： | 证券代 | 证券简称 | 停复牌类型 | 停牌起始日 | 停牌 | 停牌终止 | 复牌日 | | --- | --- | --- | --- | --- | --- | --- | | 码 | | | | 期间 | 日 | | | 118042 | 奥维转债 | 可转债转股停 牌 | 2025/2/11 | 全天 | 2025/2/11 | 2025/2/12 | 一、 转债价格调整依据 无锡奥特维科技股份有限公司（以下简称"公司"）已于 2025 年 1 月 23 日完成了 2021 年限制性股票激励计划第一次预留授予部分第三 ●调整前转股价格：86.60 元/股 ●调整后转股 ...

证券代码：688516 证券简称：奥特维 公告编号：2025-014 转债代码：118042 转债简称：奥维转债 无锡奥特维科技股份有限公司 关于公司提供担保的进展公告 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： 被担保人名称：均系无锡奥特维科技股份有限公司（以下简称 "公司"）合并报表范围内子公司，无锡奥特维智能装备有限公司（以 下简称"智能装备"）、无锡松瓷机电有限公司（以下简称"松瓷机 电"）、无锡奥特维旭睿科技有限公司（以下简称"旭睿科技"）、 无锡奥特维科芯半导体技术有限公司（以下简称"科芯技术"）、无 锡立朵科技有限公司（以下简称"立朵科技"）、无锡普乐新能源有 限公司（以下简称"无锡普乐"）、无锡奥特维智远装备有限公司（以 下 简 称 " 智 远 装 备 " ） 、 奥 特 维 （ 马 来 西 亚 ） 有 限 公 司 (AUTOWELL(MALAYSIA)SDN.BHD.)（以下简称"AUTOWELL（马来西亚）"）， 均系公司的控股子公司。无锡奥特维供应链管理有限公司（以下简称 "供应 ...

证券代码：688516 证券简称：奥特维 公告编号：2025-013 转债代码：118042 转债简称：奥维转债 无锡奥特维科技股份有限公司 关于 2021 年限制性股票激励计划第一次预留授予部分 第三个归属期和 2022 年限制性股票激励计划预留授予部分 第二个归属期归属结果暨股份上市公告 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股权激励股份；股票认购方式为网下，上市股数为 120,993 股（2021 年限制性股票激励计划第一次预留授予部分第三个归属期可归属 36,031 股，2022 年限制性股票激励计划预留授予部分第二个归属期可归属 84,962 股）。 本次股票上市流通总数为 120,993 股。 本次股票上市流通日期为 2025 年 2 月 11 日。 根据中国证券监督管理委员会、上海证券交易所、中国证券登记结算有限责 任公司上海分公司有关业务规则的规定，无锡奥特维科技股份有限公司（以下简 称"公司"）于近日收到中国证券登记结算有限责任公司上海分公司出具的《证券 变更登 ...