证券代码：688518 证券简称：联赢激光 公告编号：2024-035 深圳市联赢激光股份有限公司 关于参加 2024 年深圳辖区上市公司集体接待日活动暨召开 2024 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、准确性和完整性承担个别及连带责任。 1 会议召开时间：2024 年 12 月 12 日(星期四)下午 14:30-17:00 会议召开地点："全景路演"网站（https://rs.p5w.net） 会议召开方式：网络互动 参加本次说明会的公司人员包括：董事长韩金龙先生，副董事长、总经理贾 松先生，副总经理、董事会秘书兼财务总监谢强先生，独立董事裴斐先生（如遇 特殊状况，参会人员可能进行调整，会议召开时将做出相关说明）。 四、投资者参加方式 重要内容提示： 投资者可于 2024 年 12 月 12 日(星期四) 登录"全景路演"网站 （https://rs.p5w.net），或关注微信公众号"全景财经"，或下载"全景路演" APP，参与本次互动交流。深圳市联赢激光股份有限公司（以下简称"公司"）将 通过本次活动，在信 ...

Key Points Industry Overview 1. **High Initial Investment Costs**: The initial investment for battery swapping stations, particularly for passenger cars and commercial vehicles, is significant. For passenger cars, it could be around 5 million USD, while for commercial vehicles, it could be around 10 million USD [1]. 2. **Interconnected Ecosystem**: The development of battery swapping stations is interconnected with the promotion of battery swapping vehicles by automakers and the willingness of third-party companies to invest in swapping stations [2]. 3. **Market Growth**: The battery swapping market has seen significant growth, with a decline in initial investment costs and the potential for standardization [3]. 4. **Complementary to Charging**: Battery swapping is considered complementary to charging rather than a replacement, offering efficiency, safety, and grid-friendliness [5][6]. 5. **Application in Different Segments**: Battery swapping is primarily applied in passenger cars and commercial vehicles, with different dynamics in each segment [8][12]. Passenger Cars 1. **NIO's Leadership**: NIO has been leading the passenger car battery swapping market, considering the overall vehicle experience and the introduction of battery separation models [8]. 2. **Battery Separation Models**: Battery separation models, like the BIS scheme, offer cost savings on initial vehicle purchase while incurring monthly rental costs [9]. 3. **Market Penetration**: The number of battery swapping stations is relatively low compared to charging stations, with NIO leading in terms of operational rates [10]. Commercial Vehicles 1. **Battery Swapping in Commercial Vehicles**: Battery swapping is gaining traction in the commercial vehicle segment, particularly in medium and short-range operations [12]. 2. **Economic Viability**: The economic viability of electric commercial vehicles, especially in medium and short-range operations, has improved compared to traditional fuel-based vehicles [12]. 3. **Leading Service Providers**: Origin Energy is a major service provider for commercial vehicle battery swapping stations, with an operational rate of around 80% [12]. Standards and Regulations 1. **Standardization Efforts**: Efforts are being made to develop standards for battery swapping, with the potential for approval in the first half of next year [3][18]. 2. **Customized Standards**: Standards are being developed for different vehicle types and operating environments [18]. Investment Opportunities 1. **Equipment Manufacturers**: Short-term investment opportunities may arise for equipment manufacturers benefiting from the accelerated construction of battery swapping stations by leading companies [4]. 2. **Battery Cost Reduction**: The decline in battery costs has led to a reduction in investment costs for battery swapping stations, making them more viable [20]. 3. **Open Partnership Models**: Open partnership models, similar to those in the charging industry, may boost investment enthusiasm in battery swapping stations [24]. 宁德时代 1. **EVGO Brand**: CATL has launched the EVGO brand for battery swapping services, using CATL's own battery technology [15]. 2. **Partnerships**: CATL has announced partnerships with various automakers, including BYD, VV, Beijing, and Changan, for battery swapping services [15][16]. 3. **Potential for Growth**: CATL's battery swapping business has the potential for significant growth, considering its position as a comprehensive energy solution provider [29]. 联姻激光 1. **Technical Capabilities**: Lumentum has the technical capabilities to enter the battery swapping equipment market, leveraging its expertise in precision laser welding and battery equipment [30][31]. 2. **Market Potential**: The battery swapping equipment market presents a growth opportunity for Lumentum, with potential for increased revenue and cost reduction [34]. 3. **Order Potential**: Lumentum may see significant order potential in the battery swapping equipment market, considering its existing order book and the expected growth in the market [48].

Investment Rating - The report maintains a "Buy" rating for the company, indicating a positive outlook for its performance relative to the market [6][10]. Core Insights - The company reported a revenue of 2.2 billion yuan for the first three quarters of 2024, reflecting a year-over-year decline of 13.88%. The net profit attributable to shareholders was 95 million yuan, down 62.46% year-over-year [6][9]. - The company is focusing on expanding its lithium battery business, with increasing overseas orders and new technology demands, particularly in solid-state batteries [8][10]. - Despite revenue pressures, the gross margin has improved sequentially, and the decline in profit has narrowed, indicating potential recovery in profitability [9][10]. Summary by Sections Market Data - Closing price: 20.36 yuan - One-year high/low: 24.00/11.07 yuan - Price-to-book ratio: 2.3 - Dividend yield: 0.74% - Circulating A-share market value: 6,948 million yuan [2]. Financial Data - Net asset per share: 9.01 yuan - Debt-to-asset ratio: 54.72% - Total shares: 341 million [3]. Performance Overview - Total revenue for 2024E is projected at 3,562 million yuan, with a growth rate of 1.4%. The net profit is expected to be 256 million yuan, reflecting a decline of 10.4% [7]. - The company anticipates a recovery in profitability with a projected net profit of 590 million yuan by 2026E, showing a growth rate of 49.2% [7][10]. Business Segments - The non-lithium battery business is gaining traction, with a higher order margin compared to lithium battery orders, contributing to an improved profit structure [9][10]. - The company has secured new orders worth 2.2 billion yuan in the first three quarters of 2024, with non-lithium orders accounting for 39% of the total [9].

Financial Performance - The company's operating revenue for Q3 2024 was ¥743,785,808.68, a decrease of 12.93% compared to the same period last year[2]. - The net profit attributable to shareholders for Q3 2024 was ¥43,569,534.86, down 18.57% year-on-year, while the year-to-date net profit decreased by 62.46% to ¥94,754,005.36[2][7]. - The basic earnings per share for Q3 2024 was ¥0.13, reflecting a decline of 18.75% compared to the previous year[2]. - The net profit excluding non-recurring gains and losses for Q3 2024 was ¥37,409,822.70, down 19.05% year-on-year[2]. - Net profit for the third quarter of 2024 was CNY 90,757,455.62, compared to CNY 252,544,536.55 in the same quarter of 2023, indicating a decline of 64.14%[15]. - The total comprehensive income for Q3 2024 is CNY 90,113,328.60, down from CNY 251,650,223.25 in Q3 2023, indicating a decrease of about 64.3%[16]. - The basic and diluted earnings per share for Q3 2024 are both CNY 0.28, compared to CNY 0.76 in Q3 2023, reflecting a decline of 63.2%[16]. Cash Flow and Liquidity - The net cash flow from operating activities for the year-to-date was negative at -¥331,791,868.44[2]. - The net cash flow from operating activities for the first three quarters of 2024 is -CNY 331,791,868.44, compared to -CNY 14,054,506.12 in the same period of 2023, indicating a worsening cash flow situation[17]. - Cash inflow from operating activities totaled CNY 1,784,858,963.56 for the first three quarters of 2024, down from CNY 1,891,533,017.88 in 2023, a decrease of approximately 5.7%[17]. - Cash outflow from operating activities increased to CNY 2,116,650,832.00 in 2024 from CNY 1,905,587,524.00 in 2023, representing an increase of about 11.1%[17]. - The net cash flow from investing activities for the first three quarters of 2024 is -CNY 433,899,019.72, compared to -CNY 276,728,933.86 in 2023, indicating a larger cash outflow[18]. - The net cash flow from financing activities for Q3 2024 is CNY 432,618,354.92, down from CNY 904,740,837.29 in Q3 2023, reflecting a decrease of approximately 52.2%[18]. - The ending cash and cash equivalents balance as of Q3 2024 is CNY 528,838,066.72, down from CNY 763,433,600.55 at the end of Q3 2023, a decline of about 30.8%[18]. Assets and Liabilities - Total assets at the end of Q3 2024 were ¥6,793,780,898.04, a decrease of 2.60% from the end of the previous year[4]. - The company's total assets were CNY 6,793,780,898.04, down from CNY 6,975,471,192.88, reflecting a decrease of 2.61%[13]. - Total liabilities decreased to CNY 3,717,222,323.31 from CNY 3,960,989,349.49, a reduction of 6.15%[13]. - Non-current assets totaled CNY 1,174,085,806.51, up from CNY 951,783,112.90 in the previous year, showing an increase of 23.49%[12]. - The company's equity attributable to shareholders increased to CNY 3,075,212,970.26 from CNY 3,013,683,357.00, marking a growth of 2.05%[13]. Research and Development - Research and development expenses totaled ¥55,109,406.70 in Q3 2024, representing 7.41% of operating revenue, an increase of 1.8 percentage points year-on-year[4]. - Research and development expenses for the first three quarters of 2024 amounted to CNY 168,420,121.52, an increase from CNY 153,553,615.03 in 2023, representing an increase of 9.06%[15]. - The company plans to continue focusing on R&D and market expansion despite the current financial challenges[2]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 16,143, with no preferred shareholders having restored voting rights[8]. - The company has no significant changes in the shareholding structure among the top ten shareholders compared to the previous period[9]. Operational Updates - The company has not disclosed any new product or technology developments in this report[10]. - There are no significant mergers or acquisitions reported during the quarter[10]. - The company has not provided specific future guidance or outlook in this report[10]. - There are no other important reminders regarding the company's operational situation during the reporting period[10].

证券代码：688518 证券简称：联赢激光 公告编号：2024-033 深圳市联赢激光股份有限公司（以下简称"公司"）第五届监事会第二次会议 于2024年10月25日11时在公司会议室以现场与通讯表决相结合的方式召开，会议 通知于2024年10月22日以书面及邮件等方式送达至公司全体监事。本次会议由监 事会主席陈晓杰召集并主持，应到监事3人，实到监事3人。本次会议的召集和召 开程序符合《中华人民共和国公司法》（以下简称"《公司法》"）和《深圳市联 赢激光股份有限公司章程》等相关规定，会议形成的决议合法、有效。 二、监事会会议审议情况 本次会议经与会监事认真审议并表决，一致通过了如下事项： （一）审议通过《关于使用暂时闲置募集资金进行现金管理的议案》。 表决结果：同意票3票，弃权票0票，反对票0票。 特此公告。 深圳市联赢激光股份有限公司 第五届监事会第二次会议决议公告 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 深圳市联赢激光股份有限公司监事会 2024 年 10 月 26 日 ...

中信证券股份有限公司 关于深圳市联赢激光股份有限公司 依据中国证券监督管理委员会出具的《关于同意深圳市联赢激光股份有限 公司首次公开发行股票注册的批复》（证监许可〔2020〕801号），深圳市联赢 激光股份有限公司首次公开发行人民币普通股（A股）7,480.00万股，发行价格 为每股人民币7.81元，募集资金总额为人民币584,188,000.00元，扣除发行费用 （不含增值税）85,282,509.57元后，募集资金净额为498,905,490.43元。本次发 行募集资金已于2020年6月16日全部到位，天健会计师事务所（特殊普通合伙） 于2020年6月16日对本次发行募集资金的到位情况进行了审验，并出具了《验资 报告》（天健验[2020]3-42号）。公司依照规定对募集资金采取了专户存储管 理，并与保荐人、募集资金专户监管银行签订了《募集资金专户存储三方监管 协议》。 二、本次使用暂时闲置募集资金进行现金管理的基本情况 （二）投资额度及期限 在保证不影响公司募集资金投资计划正常进行的前提下，公司拟使用最高不 超过人民币6,000万元的暂时闲置募集资金进行现金管理，使用期限不超过12个 月，自董事会、监事会 ...

深圳市联赢激光股份有限公司（以下简称"公司"）于2024年10月25日召开 第五届董事会第三次会议、第五届监事会第二次会议，审议通过了《关于使用暂 时闲置募集资金进行现金管理的议案》，同意公司在保证不影响公司募集资金投 资计划正常进行的前提下，使用最高不超过人民币6,000万元的暂时闲置募集资 金进行现金管理，用于购买安全性高、流动性好的、有保本约定的投资产品（包 括但不限于结构性存款、协定存款、通知存款、定期存款、大额存单等），使用 期限不超过12个月，自董事会、监事会审议通过之日起12个月之内有效。在前述 额度及期限范围内，公司可以循环滚动使用资金。授权公司董事长在上述额度及 决议有效期内行使投资决策权、签署相关文件等事宜。 一、募集资金基本情况 依据中国证券监督管理委员会出具的《关于同意深圳市联赢激光股份有限公 司首次公开发行股票注册的批复》（证监许可〔2020〕801号），深圳市联赢激 光股份有限公司（以下简称"公司"或"联赢激光"）首次公开发行人民币普通 股（A股）7,480.00万股，发行价格为每股人民币7.81元，募集资金总额为人民 币584,188,000.00元，扣除发行费用（不含增值税）8 ...

北京市天元律师事务所 关于深圳市联赢激光股份有限公司 2024 年第一次临时股东大会的法律意见 京天股字（2024）第 509 号 致：深圳市联赢激光股份有限公司 本所律师按照律师行业公认的业务标准、道德规范和勤勉尽责精神，对公司提供 的文件和有关事实进行了核查和验证，现出具法律意见如下： 一、 本次股东大会的召集、召开程序 2024 年 8 月 23 日，公司第四届董事会第二十六次会议作出决议召集本次股东 大会，并于 2024 年 8 月 24 日通过指定信息披露媒体发出了《召开股东大会通知》。 该《召开股东大会通知》中载明了召开本次股东大会的时间、地点、审议事项、投 票方式和出席会议对象等内容。 本次股东大会采用现场投票和网络投票相结合的方式召开。本次股东大会现场 会议于 2024 年 9 月 10 日下午 14:30 在深圳市龙岗区宝龙街道宝龙三路 4 号宝捷讯 工业园联赢激光办公楼二楼会议室召开，会议由公司董事长韩金龙先生主持，完成 了全部会议议程。本次股东大会网络投票通过上交所股东大会网络投票系统进行， 通过交易系统进行投票的具体时间为2024年9月10日9:15-9:25，9:30-11:30和1 ...

证券代码：688518 证券简称：联赢激光 公告编号：2024-031 （一）审议通过《关于选举陈晓杰为公司监事会主席的议案》 公司监事会选举陈晓杰先生为第五届监事会主席，任期自本次监事会审议通 过之日起至第五届监事会任期届满之日为止。陈晓杰先生的简历详见公司于2024 年8月24日在上海证券交易所网站（www.sse.com.cn）上披露的《关于公司董事 会、监事会换届选举的公告》（公告编号：2024-026）。 表决结果：3票同意、0票反对、0票弃权。 1 特此公告。 深圳市联赢激光股份有限公司监事会 深圳市联赢激光股份有限公司 第五届监事会第一次会议决议公告 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 深圳市联赢激光股份有限公司（以下简称"联赢激光"或"公司"）第五届 监事会第一次会议于 2024 年 9 月 10 日在公司会议室以现场表决的方式召开。全 体监事一致同意豁免本次会议提前通知期限，并均已知悉与所审议事项相关的内 容。经全体监事推举，本次会议由监事陈晓杰先生主持，应参会监事 3 ...

1、保荐人制定了持续督导工作制度，制定了相应的工作计划，明确了现场 检查的工作要求。 中信证券股份有限公司 关于深圳市联赢激光股份有限公司 2024 年半年度持续督导跟踪报告 中信证券股份有限公司（以下简称"中信证券"或"保荐人"）作为深圳市 联赢激光股份有限公司（以下简称"联赢激光"或"公司"或"上市公司"）首 次公开发行股票并在科创板上市持续督导工作的保荐人及向特定对象发行 A 股 股的保荐人，于 2022 年 7 月 1 日与公司签订保荐协议，自签署保荐协议之日起， 承接原保荐人中山证券有限责任公司尚未完成的持续督导工作。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》等相关规定， 中信证券履行持续督导职责，并出具本持续督导半年度跟踪报告。 一、持续督导工作概述 2、保荐人已与公司签订保荐协议，该协议已明确了双方在持续督导期间的 权利义务，并报上海证券交易所备案。 3、本持续督导期间，保荐人通过与公司的日常沟通、现场回访等方式开展 持续督导工作，并于 2024 年 7 月 18 日，2024 年 8 月 8 日至 8 月 9 日，2024 年 8 月 16 日，2024 年 ...