Investment Rating - The report maintains a "Buy" rating for the company [4][6]. Core Views - The company achieved a revenue of 1.13 billion yuan in 2024, representing a year-on-year growth of 10.80%. The net profit attributable to the parent company was 186 million yuan, with a growth of 15.02% year-on-year [1][4]. - The company is focusing on high-end, specialized, and international strategies, which have significantly contributed to its revenue growth. The domestic market showed strong performance with a 20.70% increase in main business revenue [2][4]. - The company has successfully launched several innovative products and established long-term collaborations with 83 universities, enhancing its talent cultivation platform [3]. Financial Performance - The company is projected to achieve revenues of 1.13 billion yuan, 1.27 billion yuan, and 1.44 billion yuan for the years 2024, 2025, and 2026, respectively. The net profit for the same years is expected to be 186 million yuan, 211 million yuan, and 242 million yuan [4][8]. - The company's return on equity (ROE) is forecasted to increase from 15.01% in 2024 to 16.40% in 2026 [10]. - The earnings per share (EPS) is expected to grow from 1.67 yuan in 2024 to 2.17 yuan in 2026, with corresponding price-to-earnings (P/E) ratios decreasing from 23.15 to 17.77 [4][10]. Product Development and Market Strategy - The company has a broad product line and continues to innovate, with several new high-end testing instruments launched in late 2024 [3]. - The company emphasizes technology innovation as a core driver, with R&D expenses increasing by 13.63% year-on-year [2][3]. - The successful execution of high-end, specialized, and international strategies has led to significant growth in both domestic and international markets [2][4].

Investment Rating - The report maintains a "Buy" rating for the company [4][6]. Core Views - The company has demonstrated steady revenue growth, achieving a revenue of 1.13 billion yuan in 2024, which represents a year-on-year increase of 10.80%. The net profit attributable to the parent company reached 186 million yuan, up 15.02% year-on-year [1][4]. - The company is focusing on high-end, specialized, and international strategies, which have significantly contributed to its revenue growth. The domestic market showed strong performance with a 20.70% increase in main business revenue, while the overseas market grew by 3.53% [2][4]. - The company continues to invest in research and development, with R&D expenses increasing by 13.63% during the reporting period, reflecting its commitment to technological innovation [2][3]. Summary by Sections Financial Performance - In 2024, the company achieved a total asset value of 1.707 billion yuan, marking an 18.51% increase year-on-year. The main business revenue was 1.126 billion yuan, with a year-on-year growth of 10.68% [1][2]. - The company’s net profit for 2024 was 185.64 million yuan, with a year-on-year growth of 15.03% [4][8]. Product Development - The company has a broad product line and has successfully registered the T-Mix adaptive dual-light image fusion algorithm. It showcased innovative products at major conferences, including high-resolution oscilloscopes and signal analyzers [3][4]. - The company has established long-term collaborations with 83 universities, contributing to talent development in the power electronics industry [3]. Future Projections - The company is expected to achieve revenues of 1.272 billion yuan in 2025 and 1.439 billion yuan in 2026, with corresponding net profits of 210.69 million yuan and 241.86 million yuan, respectively [4][8]. - The earnings per share (EPS) are projected to be 1.89 yuan in 2025 and 2.17 yuan in 2026, with a decreasing price-to-earnings (P/E) ratio forecasted at 20.40 and 17.77 times [4][8].

Company and Industry Summary Company Overview - The company reported a revenue of 1.13 billion in 2024, representing a year-on-year growth of 10.8% [1] - Domestic revenue reached 510 million, with a significant increase of 20.7% year-on-year [1] - Overseas revenue was 610 million, showing a growth of 3.53% [1] Key Financial Insights - The increase in revenue was attributed to continuous optimization of the product structure, with an overall gross margin improvement of nearly 2 percentage points, exceeding 45% [2] - Net profit growth was impacted by additional stock incentive expenses and a donation to Zhejiang University for an electronic engineering training lab, which was delivered ahead of schedule [2] - Shipping delays affected approximately 5-6 million in orders, resulting in a profit impact of 1-2 million [3] Future Outlook - For Q1 2025, the company anticipates a revenue growth of around 15% year-on-year, with optimistic order and shipment trends [4] - Expected net profit growth for Q1 2025 is projected at 25% year-on-year [4] - Total expenses for 2025 are expected to increase by 10-15%, which is anticipated to be slower than revenue growth [5] Industry Trends and Developments - The company is exploring collaborations in the robotics sector, particularly in integrating testing instruments with robotic applications [6][7] - There is a focus on developing high-risk testing scenarios where robots can replace manual testing in power stations [8] - The company is also working on AI integration in their instruments to enhance user experience and reduce operational complexity [11][22] Market Dynamics - The company noted that the ODM business had a revenue of approximately 280 million last year, with expectations to recover to over 300 million this year [14] - The overseas market for self-branded instruments is showing signs of recovery, with projected growth of 40-50% in Q1 [15] - The company is also focusing on self-developed chips for their products, with plans to release new high-bandwidth chips [16] Competitive Landscape - The company is positioned to benefit from the trend of domestic enterprises preferring local manufacturers, particularly in the power and electrical sectors [18] - The integration of various testing instruments into robotic systems is seen as a unique selling point that could enhance market competitiveness [23][24] Conclusion - The company is optimistic about its performance in 2025, with a strong focus on innovation in product development and strategic partnerships in the robotics field [29] - Continued emphasis on enhancing operational efficiency and user experience through AI and automation is expected to drive future growth [22]

Financial Performance - In 2024, the company achieved total operating revenue of CNY 1,130,340,251.37, representing a year-on-year increase of 10.80%[3] - The net profit attributable to shareholders of the parent company reached CNY 185,635,022.53, up 15.02% compared to the previous year[3] - The net profit after deducting non-recurring gains and losses was CNY 178,111,527.01, reflecting a growth of 17.26% year-on-year[3] - The basic earnings per share rose to CNY 1.68, up 15.07% from CNY 1.46 in the previous year[3] - The weighted average return on net assets improved to 15.24%, an increase of 0.89 percentage points from the previous year[3] Asset Growth - The company's total assets at the end of the reporting period were CNY 1,707,457,966.49, an increase of 18.51% from the beginning of the period[3] Market Performance - Domestic market revenue grew significantly, reaching CNY 51,127,450, a 20.70% increase year-on-year[6] - The overseas market generated revenue of CNY 61,423,650, marking a 3.53% increase compared to the previous year[6] Research and Development - The company’s R&D expenses increased by CNY 1,413,520, representing a 13.63% rise compared to the previous year, indicating a strong focus on technological innovation[6] Incentive Plans - The company implemented a stock incentive plan, with recognized equity incentive expenses amounting to CNY 7,684,800 during the reporting period[6]

证券代码：688628 证券简称：优利德 公告编号：2025-002 优利德科技(中国)股份有限公司 关于股份回购实施结果暨股份变动的公告 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： | 回购方案首次披露日 | 2024/2/21，由实际控制人、董事长、总经理洪少 | | | | --- | --- | --- | --- | | | 俊先生提议 | | | | 回购方案实施期限 | 年 月 日~2025 年 月 2024 2 2 18 | 19 | 日 | | 预计回购金额 | 2,500 万元~5,000 万元 | | | | 回购价格上限 | 49.60 元/股 □减少注册资本 | | | | 回购用途 | √用于员工持股计划或股权激励 □用于转换公司可转债 | | | | | □为维护公司价值及股东权益 | | | | 实际回购股数 | 万股 74.49 | | | | 实际回购股数占总股本比例 | 0.6694% | | | | 实际回购金额 | 万元 2,538.04 | | | | 实际回购价 ...

证券代码：688628 证券简称：优利德 公告编号：2025-001 优利德科技(中国)股份有限公司 关于以集中竞价交易方式回购公司股份的进展公告 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、准确性和完整性承担法律责任。 重要内容提示： | 回购方案首次披露日 | 2024/2/21，由实际控制人、董事长、总经理洪少 | | | | | | | --- | --- | --- | --- | --- | --- | --- | | | 俊先生提议 | | | | | | | 回购方案实施期限 | 年 月 年 月 2024 2 | 19 | 日~2025 | 2 | 18 | 日 | | 预计回购金额 | 万元~5,000 万元 2,500 | | | | | | | 回购用途 | □减少注册资本 √用于员工持股计划或股权激励 | | | | | | | | □用于转换公司可转债 | | | | | | | | □为维护公司价值及股东权益 | | | | | | | 累计已回购股数 | 万股 74.49 | | | | | | | 累计已回购股数占总股本 ...

长城证券股份有限公司 关于优利德科技(中国)股份有限公司 增加募投项目投资额及调整募投项目实施进度的核查意见 长城证券股份有限公司（以下简称"长城证券"、"保荐机构"）作为优利 德科技（中国）股份有限公司（以下简称"优利德"、"公司"）持续督导工作 的保荐机构，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》及《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》等法律法规的有关规定，对优利德增加募投项目投资额及调整募投 项目实施进度事项进行了审慎核查，并出具本核查意见。具体情况如下： 一、募集资金基本情况 根据中国证券监督管理委员会（以下简称"中国证监会"）于 2020 年 12 月 29 日出具的《关于同意优利德科技（中国）股份有限公司首次公开发行股票 注册的批复》（证监许可[2020]3663 号），同意公司首次公开发行股票的注册申 请。 公司获准向社会公开发行人民币普通股 2,750.00 万股，每股发行价格为人民 币：19.11 元，公司共募集资金总额为人民币 525,525,000.00 元，扣除总发行费 用人民币 48,665,534.40 元（不含税 ...

一、监事会会议召开情况 优利德科技（中国）股份有限公司（以下简称"公司"）第三届监事会第七 次会议于 2024 年 12 月 6 日在公司会议室以现场方式召开，会议通知于 2024 年 12 月 3 日通过邮件形式送达公司全体监事。本次会议由监事会主席杨正军先 生主持，应出席监事 3 名，实际出席监事 3 名。 本次会议的召集、召开和表决程序均符合《公司法》和《公司章程》的有关 规定，会议合法有效。 证券代码：688628 证券简称：优利德 公告编号：2024-090 优利德科技（中国）股份有限公司 第三届监事会第七次会议决议公告 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。 特此公告。 优利德科技（中国）股份有限公司监事会 2024 年 12 月 7 日 1 （一）审议通过《关于增加募投项目投资额及调整募投项目实施进度的议案》 监事会认为：公司本次增加募投项目投资额及调整募投项目实施进度事项是 公司根据募投项目的实际情况作出的合理调整和科学安排，不会对公司的正常经 营产生影响。有关的决策和审批程序符合《上市公司监管指引第 ...

证券代码：688628 证券简称：优利德 公告编号：2024-091 优利德科技（中国）股份有限公司 关于增加募投项目投资额及调整募投项目实施进度的公告 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。 优利德科技（中国）股份有限公司（以下简称"公司"）于 2024 年 12 月 6 日召开第三届董事会第七次会议和第三届监事会第七次会议，审议通过了《关于 增加募投项目投资额及调整募投项目实施进度的议案》，同意增加"高端测量仪 器与热成像研发中心项目"（以下简称"本项目"）的投资规模并对该项目整体 达到预定可使用状态的日期进行调整。公司保荐机构长城证券股份有限公司对本 事项出具了核查意见，该事项无需提交股东大会审议。现将相关情况公告如下： 一、募集资金基本情况 经中国证券监督管理委员会《关于同意优利德科技（中国）股份有限公司首 次公开发行股票注册的批复》（证监许可[2020]3663 号文）文件核准，由主承销 商长城证券股份有限公司采用网下向询价对象配售和网上向社会公众投资者定 价发行相结合的方式，公开发行人民币普通股股票 27 ...

证券代码：688628 证券简称：优利德 公告编号：2024-089 优利德科技（中国）股份有限公司 第三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、董事会会议召开情况 本次会议的召集、召开和表决程序符合《中华人民共和国公司法》《上海证 券交易所科创板股票上市规则》等相关法律、行政法规、规范性文件及《公司章 程》的有关规定，会议合法有效。 2024 年 12 月 7 日 二、董事会会议审议情况 1 经与会董事审议和表决，会议形成决议如下： (一) 审议通过《关于增加募投项目投资额及调整募投项目实施进度的议 案》 董事会同意本次增加募投项目投资额及调整募投项目实施进度事项。具体内 容详见公司同日在上海证券交易所网站（www.sse.com.cn）及指定媒体披露的《关 于增加募投项目投资额及调整募投项目实施进度的公告》（公告编号：2024-091）。 表决结果：同意票 9 票，反对票 0 票，弃权票 0 票。 特此公告。 优利德科技（中国）股份有限公司董事会 优利德科技（中国）股份有限公司（以 ...