证券代码：688629 证券简称：华丰科技 公告编号：2024-044 四川华丰科技股份有限公司 第二届监事会第四次会议决议公告 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 四川华丰科技股份有限公司（以下简称"公司"）第二届监事会第四次会议 于 2024 年 12 月 2 日以通讯方式召开。会议通知于 2024 年 11 月 29 日以电子邮 件形式送达公司全体监事。 本次会议由监事会主席王道光先生主持，会议应出席监事 3 名，实际出席监 事 3 名。会议的召集和召开及监事出席人数符合《中华人民共和国公司法》等法 律、法规、规范性文件和《四川华丰科技股份有限公司章程》的有关规定。 二、监事会会议审议情况 表决情况：赞成票：3 票，反对票：0 票，弃权票：0 票。 本议案尚需提交公司股东大会审议。 （二）审议通过了《关于新增 2024 年度日常关联交易预计的议案》 监事会认为：公司本次新增关联交易预计事项，以公司正常经营业务为基础， 以市场价格为定价依据，遵循公平、公正、公允的市场化原则，对公司持 ...

证券代码：688629 证券简称：华丰科技 公告编号：2024-041 四川华丰科技股份有限公司 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、准确性和完整性依法承担法律责任。 重要内容提示： （网址：https://roadshow.sseinfo.com/） 四川华丰科技股份有限公司（以下简称"公司"）已于 2024 年 10 月 30 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 12 月 6 日上午 09:00-10:00 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 本次业绩说明会以网络互动形式召开，公司将针对 2024 年第三季度的经营 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、地点 （一）会议召开时间：2024 年 12 月 6 日（星期五）上午 09:00-10:00 ...

Investment Rating - The report assigns a "Buy" rating to Huafeng Technology (688629) for the first time [2] Core Views - Huafeng Technology's Q3 2024 revenue increased by 30% YoY, driven by the expansion of its new communication business [2][3] - The company's net profit turned negative due to increased costs in expanding the communication business, including higher labor and manufacturing expenses [3][10] - The company is a core supplier to Huawei and is expected to benefit from the growth in AI computing power demand [5][20] Financial Performance - In Q3 2024, Huafeng Technology achieved revenue of 2.65 billion yuan, up 30.05% YoY, but reported a net loss of 0.31 billion yuan [2][9] - For the first three quarters of 2024, the company's revenue was 7.49 billion yuan, up 21.01% YoY, with a net loss of 0.49 billion yuan [2][9] - The company's gross margin for the first three quarters of 2024 was 16.90%, down 12.52 percentage points YoY [4] Business Development - Huafeng Technology is actively expanding its communication business, with products such as 112G OD Prevail and high-speed line modules [4][15] - The company is a key supplier in the server market, providing high-speed connectors to major manufacturers like Huawei, Inspur, and ZTE [18][20] - The company is also developing products for the new energy and defense sectors, including waterproof FAKRA and non-contact energy transmission modules [15] Industry Outlook - The AI server market in China grew rapidly in H1 2024, with the accelerated server market reaching $5 billion, up 63% YoY [5][18] - The company is expected to benefit from the shift in capital expenditure by operators towards cloud computing and AI infrastructure [20] Profit Forecast - The report forecasts Huafeng Technology's revenue for 2024-2026 to be 13.30/21.24/28.42 billion yuan, with net profits of 1.02/2.22/3.29 billion yuan [21] - The current stock price implies a PE ratio of 79/53X for 2025-2026 [21]

Investment Rating - The report maintains a "Buy" rating for the company [8]. Core Views - The company reported a revenue of 749 million yuan for Q1-Q3 2024, representing a year-on-year growth of 21.01%. However, the net profit attributable to shareholders decreased by 222.55% to -49 million yuan [3][4]. - The decline in net profit is attributed to several factors, including high labor costs to meet customer demand before the automation production line was fully operational, insufficient market demand for defense products, and increased R&D and operational expenses due to the incubation of innovative products [3][4]. - The company has over 60 years of experience in defense interconnect technology and has established itself as a global supplier for major communication equipment manufacturers such as Huawei, ZTE, and Nokia [4]. - The company is focusing on high-speed connectors and has developed a 224 Gbps-PAM4 interconnect solution to support the AI industry, which is expected to drive demand for its products [5][6]. - The company anticipates net profits of 10 million, 203 million, and 303 million yuan for 2024, 2025, and 2026 respectively, benefiting from the growing demand for high-speed connectors in AI computing clusters [6]. Financial Summary - For Q1-Q3 2024, the company achieved a revenue of 749 million yuan, with a 30.05% increase in Q3 compared to the same period last year [3]. - The projected net profits for 2024-2026 are 0.10 billion, 2.03 billion, and 3.03 billion yuan respectively [6]. - The company has a current stock price of 37.84 yuan, with a total share capital of 46,099 million shares [8].

证券代码：688629 证券简称：华丰科技 四川华丰科技股份有限公司 投资者关系活动记录表 编号 2024-010 | --- | --- | --- | --- | |--------------|-------------------------------------------------------------------------------------------------------|-------------|----------------------------| | | | | | | | □特定对象调研 | □分析师会议 | | | | □媒体采访 □业绩说明会 | | | | 投资者关系 | □新闻发布会 □路演活动 | | | | 活动类别 | □现场参观 | | | | | ■其他 （线上通讯会） | | | | | 中信证券、 JinYi Capital Fund | 、 | PinpointAssetManagement 、 | | | 安邦资产、宝盈基金、保银投资 | Ni | 、财通资管、晟维资管、 | | | 创富兆业、创金合信基金、大家资产、大朴资产、德邦基 | ...

Investment Rating - The investment rating for the company is "Buy" (maintained) [4] Core Views - The company reported Q3 revenue of 270 million yuan, a year-on-year increase of 30% and a quarter-on-quarter increase of 3%, but incurred a net loss attributable to shareholders of 30 million yuan, marking a year-on-year decline [2][6] - The company's communication capacity is ramping up, with products such as line modules and backplane connectors starting to gain traction, driving revenue growth [6] - Short-term profitability is under pressure due to a decline in the defense sector, but revenue and profit are expected to improve sequentially as industry demand recovers and line module production accelerates [2][6] Summary by Sections Financial Performance - For the first three quarters, the company achieved revenue of 750 million yuan, a year-on-year increase of 21%, and a net loss of 50 million yuan, compared to a profit in the previous year [6] - Q3 revenue was 270 million yuan, with a year-on-year growth of 30% and a quarter-on-quarter growth of 3%, while the net profit was a loss of 30 million yuan, remaining stable compared to the previous quarter [6] Business Development - The company is accelerating the production of communication-related products, with line modules achieving breakthroughs with key customers and the establishment of four high-speed module production lines [6] - The company maintains a high level of R&D investment, focusing on innovative products such as CPU sockets and high-speed connectors, which are expected to contribute to future revenue growth [6] Future Outlook - Revenue projections for 2024-2026 are 1.331 billion, 1.910 billion, and 2.579 billion yuan, with year-on-year growth rates of 47.32%, 43.49%, and 35.04% respectively [7] - Net profit forecasts for the same period are 101 million, 149 million, and 210 million yuan, with growth rates of 39.48%, 47.87%, and 40.46% respectively, indicating a strong compound annual growth rate [7]

证券代码：688629 证券简称：华丰科技 公告编号：2024-039 四川华丰科技股份有限公司 第二届监事会第三次会议决议公告 二、监事会会议审议情况 经全体监事审议，形成决议如下： （一）审议通过了《关于 2024 年第三季度报告的议案》 经审核，监事会认为：公司《2024 年第三季度报告》的编制和审议程序符合 法律、行政法规及上海证券交易所、中国证券监督管理委员会的规定，报告内容 真实、准确、完整地反映了公司 2024 年第三季度的财务状况和经营成果等事项； 2024 年第三季度报告编制过程中，未发现参与报告编制和审议的人员有违反保 密规定的行为。监事会保证公司《2024 年第三季度报告》所披露的信息真实、准 确、完整，不存在虚假记载、误导性陈述和重大遗漏，并对其内容的真实性、准 确性、完整性依法承担法律责任。 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 《2024 年第三季度报告》。 表决情况：赞成票：3 票，反对票：0 票，弃权票：0 票。 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 ...

Financial Performance - The company's operating revenue for Q3 2024 was ¥265,119,456.97, representing a year-on-year increase of 30.05%[2] - The net profit attributable to shareholders was -¥30,726,397.13, a decrease of 1,596.56% compared to the same period last year[2] - The net profit for Q3 2024 was -53,344,060.22 CNY, compared to a net profit of 36,488,797.10 CNY in Q3 2023, indicating a significant decline[18] - Operating profit for Q3 2024 was -54,629,624.52 CNY, down from 22,850,226.33 CNY in the same period last year[18] - The net profit attributable to the parent company for the first three quarters of 2024 was ¥139,107,714.75, down from ¥210,810,504.68 in 2023, indicating a decrease of approximately 34.00%[16] - The total comprehensive income attributable to the parent company for Q3 2024 was -48,670,605.97 CNY, compared to 38,887,162.82 CNY in Q3 2023[19] - The basic and diluted earnings per share for Q3 2024 were both -0.11 CNY, compared to 0.10 CNY in Q3 2023[19] Cash Flow and Assets - The company reported a net cash flow from operating activities of -¥101,556,994.11 for the year-to-date period[2] - The net cash flow from operating activities for Q3 2024 was -101,556,994.11 CNY, compared to -15,822,332.73 CNY in Q3 2023[21] - The total cash flow from investing activities in Q3 2024 was -388,517,305.88 CNY, a decrease from -70,475,563.53 CNY in the same period last year[21] - The net cash flow from financing activities for Q3 2024 was 35,595,765.23 CNY, down from 571,963,002.82 CNY in Q3 2023[22] - The cash and cash equivalents at the end of Q3 2024 were 310,762,192.93 CNY, down from 867,798,746.33 CNY at the end of Q3 2023[22] - The company's cash and cash equivalents decreased to ¥1,476,672,080.64 from ¥1,871,862,487.50, a decline of about 21.06%[16] - The total current assets as of September 30, 2023, amounted to approximately RMB 1,200,000,000, with cash and cash equivalents at RMB 347,220,913.15[12] Research and Development - Research and development expenses totaled ¥31,673,968.52, accounting for 11.95% of operating revenue, with a year-on-year increase of 24.86%[3] - Research and development expenses for the first three quarters of 2024 amounted to ¥82,708,164.38, up from ¥68,869,674.55 in 2023, reflecting a growth of approximately 20.11%[17] - The company has invested significantly in automation and new product development, including CPU sockets and high-speed connectors[6] Shareholder Information - The top ten shareholders hold a total of 145,710,720 shares, representing 31.61% of the total shares outstanding[9] - The company has not reported any significant changes in shareholder relationships or agreements among the top shareholders[9] Operational Insights - The decline in net profit is attributed to increased costs and competitive pressures in the defense product market[6] - The company anticipates continued growth in revenue driven by the expansion of new communication business capabilities[6] - The company has not indicated any future guidance or outlook for the upcoming quarters[12] - There were no significant reminders or additional important information regarding the company's operational status during the reporting period[12] - The company has not engaged in any mergers or acquisitions during this quarter[12] - The company has not issued any new strategies or products during the reporting period[12] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,675,202,306.99, reflecting a 4.11% increase from the previous year[3] - The company's total assets as of the end of Q3 2024 were ¥2,675,202,306.99, compared to ¥2,569,683,792.72 at the end of Q3 2023, showing an increase of about 4.12%[16] - The total liabilities of the company reached ¥1,226,652,738.45, up from ¥1,046,725,048.90 in the previous year, which is an increase of approximately 17.25%[14] - The company's inventory increased to ¥302,150,770.71 from ¥230,739,885.34, representing a growth of about 30.96%[16] - The total equity attributable to shareholders decreased to ¥1,432,353,947.11 from ¥1,502,827,735.18, reflecting a decline of approximately 4.66%[16] - The company reported a significant increase in accounts payable, which rose to ¥429,595,957.77 from ¥271,101,642.87, marking an increase of approximately 58.57%[14] Other Financial Metrics - Non-recurring gains for the period amounted to ¥6,551,878.49, with government subsidies contributing ¥7,534,235.32[4] - The company reported a significant increase in trading financial assets, rising from RMB 110,139,903.41 to RMB 206,125,811.31, indicating an increase of about 87%[12] - Accounts receivable increased to RMB 593,334,123.92 from RMB 487,049,019.45, reflecting a growth of approximately 22%[12]

证券代码：688629 证券简称：华丰科技 公告编号：2024-038 四川华丰科技股份有限公司 关于增加远期结售汇业务额度的公告 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： 交易目的、交易品种、交易工具和交易金额：为了规避汇率波动对公司 造成的不利影响，提高外汇资金的使用效率，公司拟在远期结售汇业务的原有额 度基础上再增加 50 万美元，即公司 2024 年度开展远期结售汇业务额度增加至不 超过 130.69 万美元及 29.27 万欧元。资金来源为自有资金，不涉及募集资金。 已履行的审议程序：公司于 2024 年 10 月 28 日召开第二届董事会第五次 会议、第二届监事会第三次会议审议通过了《关于增加 2024 年远期结售汇业务 额度的议案》。公司本次开展远期结售汇业务不涉及关联交易，且无须提交股东 大会审议。 四川华丰科技股份有限公司（以下简称"公司"）于 2024 年 8 月 26 日召开 第二届董事会第四次会议、第二届监事会第二次会议，审议通过了《关于审议公 司 2024 年外汇交易额度、框 ...

证券代码：688629 证券简称：华丰科技 公告编号：2024-040 1 四川华丰科技股份有限公司 附件：首席合规官祁飞先生简历 关于调整公司首席合规官的公告 祁飞先生，1981 年 5 月出生，中国国籍，无境外永久居留权，中共党员，中 级政工师，在职研究生学历，工商管理硕士学位，电子科技大学工商管理专业。 2004 年 7 月至 2008 年 9 月，历任长虹空调公司业务经理、办事处经理、市场策 划部终端主管；2008 年 9 月至 2016 年 8 月，历任长虹公司市场服务中心分中心 总经理助理、海外战略发展部/国际化推进部海外品牌主管；2016 年 8 月至 2018 年 8 月，任中山长虹公司海外区域经理；2018 年 8 月至 2024 年 8 月，历任四川 长虹电子控股集团有限公司纪检监察部监察主管、纪检监察部纪检经理、党委组 织部党建管理经理、党委组织部党建管理高级经理；2024 年 9 月至今，任四川 华丰科技股份有限公司党委副书记、纪委书记。 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。 四川华丰科技 ...