证券代码：688522 证券简称：纳睿雷达 公告编号：临 2024-070 号 广东纳睿雷达科技股份有限公司 关于使用部分暂时闲置自有资金进行现金管理的公告 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。 广东纳睿雷达科技股份有限公司（以下简称"公司"）于 2024 年 10 月 28 日召开 第二届董事会第七次会议和第二届监事会第六次会议，审议通过了《关于使用部分暂 时闲置自有资金进行现金管理的议案》，同意公司及子公司使用不超过人民币 6 亿元 （含）的暂时闲置自有资金进行现金管理，用于购买安全性高、流动性好的投资产品 （包括但不限于协定性存款、结构性存款、定期存款、通知存款、大额存单等），有 效期自本次董事会审议通过之日起 12 个月内有效，上述额度在期限范围内可循环滚 动使用。 一、本次使用部分暂时闲置自有资金进行现金管理的概况 （一）现金管理目的 为了提高资金使用效率，在不影响正常经营和确保资金安全的前提下，公司及子 公司将合理使用闲置自有资金进行现金管理，从而增加投资收益，为公司及股东获取 更多回报。 （二）资金来源 ...

广东纳睿雷达科技股份有限公司 董事、监事和高级管理人员所持公司股份及其变动管理制度 第一章 总则 第一条 为加强对广东纳睿雷达科技股份有限公司（以下简称"公司"）董事、 监事和高级管理人员所持公司股份及其变动管理，根据《中华人民共和国公司法》（以 下简称"《公司法》"）《中华人民共和国证券法》（以下简称"《证券法》"）《上 市公司股东减持股份管理暂行办法》《上市公司董事、监事和高级管理人员所持本公 司股份及其变动管理规则》《上海证券交易所上市公司自律监管指引第15号——股东 及董事、监事、高级管理人员减持股份》《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》等法律、法规、规范性文件以及《广东纳睿雷达科技股份 有限公司章程》（以下简称"《公司章程》"）的有关规定，结合公司的实际情况， 制定本制度。 第二条 公司董事、监事、高级管理人员所持本公司股份，是指登记在其名下和 利用他人账户持有的所有本公司股份。从事融资融券交易的，其所持本公司股份还包 括记载在其信用账户内的本公司股份。 公司董事、监事、高级管理人员不得从事以本公司股票为标的证券的融资融券交 易，不得开展以本公司股票为合约标的物的衍生品交 ...

Financial Performance - The company's operating revenue for Q3 2024 reached ¥63,427,875.62, representing a year-on-year increase of 53.45%[2] - Net profit attributable to shareholders for Q3 2024 was ¥20,119,543.61, up 45.11% compared to the same period last year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥20,089,838.22, reflecting a 48.20% increase year-on-year[2] - Total operating revenue for the first three quarters of 2024 reached CNY 136,204,551.59, an increase of 20.04% compared to CNY 113,507,927.97 in the same period of 2023[16] - The net profit for the first three quarters of 2024 is CNY 26,008,690.89, a decrease of 21.9% compared to CNY 33,237,332.81 in the same period of 2023[18] - The total profit for the first three quarters of 2024 is CNY 22,321,614.33, down from CNY 31,987,511.42 in 2023, marking a decline of 30.4%[18] Expenses and Costs - Research and development expenses totaled ¥17,038,929.48 for Q3 2024, accounting for 26.86% of operating revenue, a decrease of 12.94 percentage points from the previous year[4] - Total operating costs amounted to CNY 102,253,626.26, up from CNY 81,711,168.42, reflecting a year-on-year increase of 25.06%[16] - Research and development expenses increased to CNY 53,745,308.87, compared to CNY 44,767,495.96, marking a rise of 19.8%[16] Assets and Equity - Total assets at the end of Q3 2024 amounted to ¥2,441,197,581.52, an increase of 3.72% compared to the end of the previous year[4] - The total equity attributable to shareholders at the end of Q3 2024 was ¥2,182,475,798.54, a slight decrease of 0.41% from the previous year[4] - The company's total assets reached CNY 2,441,197,581.52, up from CNY 2,353,566,465.00, indicating a growth of 3.73%[15] - The total equity attributable to shareholders was CNY 2,182,475,798.54, slightly down from CNY 2,191,475,417.12, a decrease of 0.13%[15] Cash Flow - The company reported a net cash flow from operating activities of -¥20,791,993.90 year-to-date, indicating a significant cash outflow[2] - Cash inflow from operating activities for the first three quarters of 2024 is CNY 270,862,328.58, significantly higher than CNY 112,943,010.44 in 2023[21] - The cash flow from investing activities shows a net outflow of CNY 239,555,583.51 in 2024, compared to a smaller outflow of CNY 25,080,219.87 in 2023[21] - The cash flow from financing activities resulted in a net outflow of CNY 71,845,789.13 in 2024, contrasting with a substantial inflow of CNY 1,601,205,395.95 in 2023[22] - The company reported a cash and cash equivalents balance of CNY 1,402,536,589.33 at the end of the reporting period, down from CNY 1,726,572,438.74 at the end of 2023[22] Shareholder Information - The largest shareholder, Zhuhai Jiazhongtong Technology Co., Ltd., holds 41.56% of the shares[10] - The top ten shareholders include several individuals and investment funds, with the largest individual shareholder holding 11.03%[10] - The company reported no changes in the participation of major shareholders in margin trading or securities lending activities[11] Earnings Per Share - Basic earnings per share for Q3 2024 were ¥0.09, unchanged from the previous quarter, while diluted earnings per share were also ¥0.09[2] - The company experienced a decrease in basic and diluted earnings per share year-to-date, down 42.86% compared to the previous year due to an increase in total share capital[8] - The basic and diluted earnings per share for the first three quarters of 2024 are both CNY 0.12, down from CNY 0.21 in 2023, indicating a decrease of 42.9%[18] Contractual Obligations - As of September 30, 2024, the company signed new contracts worth approximately ¥673,186,300, all of which are being executed as per contractual requirements[11] - The company’s contract liabilities surged to CNY 119,734,986.29 from CNY 8,444,039.27, an increase of 1,319.5%[14]

二、监事会会议审议情况 （一） 审议并通过了《关于<2024 年第三季度报告>的议案》 证券代码：688522 证券简称：纳睿雷达 公告编号：临 2024-069 号 广东纳睿雷达科技股份有限公司 第二届监事会第六次会议决议公告 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、准确性和完整性承担法律责任。 一、监事会会议召开情况 广东纳睿雷达科技股份有限公司（以下简称"公司"）监事会于 2024 年 10 月 22 日以书面形式发出会议通知，于 2024 年 10 月 28 日在公司会议室以现场方式召开会 议并作出本监事会决议。本次会议由公司监事会主席刘航先生召集并主持，会议应出 席监事 3 名，实际出席监事 3 名。本次会议召开符合《中华人民共和国公司法》《中 华人民共和国证券法》等法律、法规、规范性文件和《广东纳睿雷达科技股份有限公 司章程》（以下简称"《公司章程》"）《广东纳睿雷达科技股份有限公司监事会议事规 则》的有关规定，会议决议合法、有效。 议案表决情况：有效表决票 3 票，同意 3 票，反对 0 票，弃权 0 票。 经审核，监事会认为：公司 ...

广东纳睿雷达科技股份有限公司 子公司管理制度 第一章 总则 第一条 为加强广东纳睿雷达科技股份有限公司（以下简称"公司"）对子公司 的管理控制，监督子公司行为，保证子公司规范运作和依法经营，促进公司规范运作 和健康发展，保护投资者合法权益，根据《中华人民共和国公司法》（以下简称"《公 司法》"）《中华人民共和国证券法》《企业内部控制基本规范》《上海证券交易所 科创板股票上市规则》等法律、法规、规范性文件及《广东纳睿雷达科技股份有限公 司章程》（以下简称"《公司章程》"）的相关规定，结合公司的实际情况，制定本 制度。 第二条 本制度所称子公司是指公司根据总体战略规划、产业结构布局或业务发 展需要而依法设立或投资的、具有独立法人主体资格的公司，包括但不限于全资子公 司、控股子公司及其他受公司直接或间接控制的主体。 1、全资子公司：指公司投资且在该子公司中持股比例为100%； 2、控股子公司：指公司投资且在该子公司中持股比例在50%以上，或未达到50% 但能够决定其董事会半数以上成员的组成，或者通过协议或其他安排能够实际控制的 子公司。 第三条 本制度旨在加强公司对子公司的管理，建立有效的管控与整合机制，对 子公司 ...

证券代码：688522 证券简称：纳睿雷达 公告编号：临 2024-073 号 广东纳睿雷达科技股份有限公司 关于召开 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法律责任。 重要内容提示： ●会议召开方式：上证路演中心网络互动 ●投资者可于 2024 年 10 月 30 日（星期三）至 11 月 05 日（星期二）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@naruida.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。 广东纳睿雷达科技股份有限公司（以下简称"公司"）已于 2024 年 10 月 29 日发 布公司 2024 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 2024 年第三 季度经营成果、财务状况，公司计划于 2024 年 11 月 06 日下午 16:00-17:00 举行 2024 年第三季度业绩说明会，就投资者关心的问题进行交流。 一、 说明会类型 本次投资者说明会以网络互动形式召开，公司将针对 2024 年 ...

证券代码：688522 证券简称：纳睿雷达 公告编号：临 2024-068 号 广东纳睿雷达科技股份有限公司 第二届董事会第七次会议决议公告 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。 （二） 审议并通过了《关于<使用部分暂时闲置自有资金进行现金管理>的议案》 议案表决情况：有效表决票 5 票，同意 5 票，反对 0 票，弃权 0 票。 具体内容详见公司于上海证券交易所网站（www.sse.com.cn）及指定媒体披露的 《关于使用部分暂时闲置自有资金进行现金管理的公告》（公告编号：临 2024-070 号）。 （三） 审议并通过了《关于<2024 年第三季度计提资产减值准备>的议案》 一、董事会会议召开情况 广东纳睿雷达科技股份有限公司（以下简称"公司"）董事会于 2024 年 10 月 22 日以书面形式发出会议通知，于 2024 年 10 月 28 日在公司会议室以现场结合通讯方 式召开会议并作出本董事会决议。本次会议由公司董事长包晓军先生召集并主持，会 议应出席董事 5 名，实际出席董事 5 名。本次会议召开符合《 ...

Group 1: Market Trends and Company Outlook - The company is optimistic about the industry development trend over the next 2-3 years, driven by advancements in electronic information technology and national policies related to disaster prevention and reduction, water resource informationization, and low-altitude economy [3][4] - The company has signed a contract worth RMB 238.26 million for the procurement of 35 sets of X-band dual-polarization phased array weather radar systems, which is currently being executed normally [4][5] - The company’s radar products are gradually stabilizing in price, reflecting a stable market environment [4][5] Group 2: Financial Performance and Risks - The company has seen a significant increase in contract liabilities due to a rise in advance payments from customers, indicating strong demand [5][6] - The gross profit margin has slightly increased in the first half of the year, attributed to stable sales prices and reduced associated costs [6][7] - The company emphasizes the importance of managing accounts receivable to promote timely payments and reduce bad debt provisions [9][10] Group 3: Product Development and Market Expansion - The company is focusing on expanding its radar applications beyond meteorology and hydrology to civil aviation, marine monitoring, low-altitude economy, and public safety [5][6] - New radar products, including the C-band and Ku-band dual-polarization phased array radars, are still in testing and market promotion phases, with no market orders secured yet [7][8] - The company is actively seeking investment opportunities in upstream and downstream sectors that align with its main business to enhance its intrinsic value [5][6] Group 4: Corporate Governance and Shareholder Engagement - The company has completed its share repurchase plan as of August 31, 2024, and will disclose any future repurchase plans in accordance with regulatory requirements [10][11] - The company is considering a stock incentive plan that will be aligned with its strategic planning and business development [10][11]

公 司 研 究 报 告 [Table_Message]2024-09-09 公司深度报告 买入/维持 纳睿雷达（688522） 目标价：60.00 昨收盘：41.80 [国防军工 Table_Title] 专注相控阵雷达十余载，产品应用领域加速拓展 走势比较 -50% -40% -30% -20% -10% 0% 10% 20% 30% 40% Sep/23Oct/23Nov/23Dec/23Jan/24Feb/24Mar/24Apr/24May/24Jun/24Jul/24Aug/24 纳睿雷达 沪深300 股票数据 | --- | --- | |--------------------------|-------------| | | | | 总股本/流通(亿股 ) | 2.17/0.85 | | | | | 总市值 /流通( 亿元 ) | 91.72/35.90 | | 12 个月最高 /最低( 元 ) | 73.50/29.55 | [Table_ReportInfo] 相关研究报告： [Table_Author] 证券分析师：马浩然 电话：010-88321893 E-MAIL：mahr@tpyzq ...

Investment Rating - The report assigns a "Buy" rating for the company, indicating an expected relative increase of over 15% compared to the CSI 300 index in the next six months [7]. Core Insights - The company has experienced rapid growth in new contracts, with a total contract amount of approximately 540 million yuan signed during the reporting period, primarily in May and June. This is expected to lead to a recovery in performance in the fourth quarter as product deliveries and project payments peak [2][3]. - The company reported a revenue of 73 million yuan for the first half of 2024, a year-on-year increase of 0.84%, while net profit attributable to shareholders decreased by 69.60% to 6 million yuan due to increased R&D expenses, bad debt provisions, and charitable donations [2][3]. - The company has expanded its market presence beyond meteorological detection, achieving sales in the flood control sector and launching new products, including a Ku-band dual-polarization active phased array radar [2][3]. Financial Performance - For the first half of 2024, the company achieved a revenue of 73 million yuan, with a net profit of 6 million yuan and basic earnings per share (EPS) of 0.03 yuan, reflecting a decline of 76.92% year-on-year [2][3]. - The company invested 37 million yuan in R&D during the reporting period, a 29.62% increase from the previous year, and obtained several new patents and software copyrights [3]. - The projected net profits for 2024, 2025, and 2026 are estimated at 210 million yuan, 365 million yuan, and 504 million yuan, respectively, with corresponding EPS of 0.97 yuan, 1.68 yuan, and 2.33 yuan [4][3]. Market Expansion - The company has signed cooperation agreements with multiple air traffic control bureaus for trial testing, indicating ongoing efforts to expand its market reach [2][3]. - The introduction of new products and technologies, such as the full-polarization digital active phased array radar, is expected to enhance the company's product line and application scenarios in low-altitude economies [2][3].