成都智明达电子股份有限公司 2023 年年度股东大会 会 议 材 料 2024 年 4 月 8 日 成都智明达电子股份有限公司 2023 年年度股东大会会议资料 目录 | 2023 | 年年度股东大会会议须知 | | 3 | | --- | --- | --- | --- | | 2023 | 年年度股东大会议程 | | 5 | | 2023 | 年年度股东大会会议议案 | | 7 | | 议案一 《关于 | 年度董事会工作报告的议案》 | 2023 | 8 | | 议案二 《关于 | 年度监事会工作报告议案》 | 2023 | 9 | | 议案三 《关于 | 年度财务决算报告的议案》 | 2023 | 10 | | 议案四 | 《关于公司 2023 年年度报告及其摘要的议案》 | | 11 | | 议案五 | 《关于公司 2023 年度利润分配及资本公积转增股本方案的议案》 | | 12 | | 议案六 | 《关于续聘信永中和会计师事务所（特殊普通合伙）为公司 2024 年度审计机构的议 | | | | 案》 | | | 13 | | 议案七 《关于 | 年度公司董事及监事薪酬方案的议案》 | 2024 | ...

证券研究报告·公司点评报告·军工电子Ⅱ 2023 年年报点评：营收稳健增长，募投扩产 强研，国防信息化建设提供强劲支撑 2024 年 04 月 02 日 | --- | --- | --- | --- | --- | --- | |------------------------------|---------|--------|--------|----------|----------| | 盈利预测与估值 [Table_EPS] | 2022A | 2023A | 2024E | 2025E | 2026E | | 营业总收入（百万元） | 540.87 | 663.00 | 817.61 | 1,010.23 | 1,239.66 | | 同比 | 20.35% | 22.58% | 23.32% | 23.56% | 22.71% | | 归母净利润（百万元） | 75.36 | 96.26 | 135.12 | 177.47 | 233.83 | | 同比 | -32.42% | 27.73% | 40.38% | 31.34% | 31.76% | | EPS- 最新摊薄（元 / 股） | 1. ...

Financial Performance - The company's operating revenue for 2023 reached ¥663,000,263.14, representing a year-on-year increase of 22.58% compared to ¥540,866,425.49 in 2022[20]. - The net profit attributable to shareholders for 2023 was ¥96,255,954.07, up 27.73% from ¥75,357,268.40 in 2022[20]. - The basic earnings per share for 2023 was ¥1.2815, reflecting a 27.13% increase from ¥1.0080 in 2022[21]. - The total assets at the end of 2023 amounted to ¥1,533,626,960.36, a 1.73% increase from ¥1,507,487,640.71 at the end of 2022[20]. - The net cash flow from operating activities for 2023 was ¥5,888,438.34, a significant recovery from a negative cash flow of -¥106,254,221.19 in 2022[20]. - The company reported a net profit of ¥34,614,303.12 in Q4 2023, contributing to a total annual net profit of ¥96,255,954.07[25]. - The net profit attributable to the parent company was 96.26 million RMB, up 27.73% year-on-year; however, the net profit excluding non-recurring gains and losses decreased by 13.13% to 61.77 million RMB[35]. - The gross margin for embedded products decreased by 8.25 percentage points to 43.70%[128]. - The company achieved operating revenue of ¥663,000,263.14, an increase of 22.58% compared to the previous year[122]. - Net profit attributable to shareholders reached ¥96,255,954.07, reflecting a growth of 27.73% year-on-year[122]. Dividend and Capital Increase - The company plans to distribute a cash dividend of 2.10 CNY per 10 shares (including tax) and to increase capital by 4.9 shares for every 10 shares held[5]. - The company’s board of directors has approved the profit distribution plan for the 2023 fiscal year[5]. - The proposed cash dividend is CNY 2.10 per 10 shares (including tax), totaling CNY 15,800,924.37, which accounts for 18.24% of the distributable profit[195]. - The company plans to increase its total share capital by 4.9 shares for every 10 shares held, resulting in a total share capital of 112,111,321 shares post-issue[195]. Research and Development - The company secured 190 new R&D projects during the reporting period[35]. - The company reported a total R&D expenditure of ¥123,278,944.97 in the current year, representing an increase of 8.02% compared to ¥114,126,542.87 in the previous year[94]. - The total R&D expenditure accounted for 18.20% of the operating revenue, a decrease of 2.51 percentage points from 21.10% in the previous year[94]. - The company has established a dedicated R&D center to focus on new technologies and maintain its competitive edge in the embedded computing module sector[49]. - The company is focused on developing embedded computing solutions for defense technology, emphasizing low power consumption, miniaturization, and high reliability in its products[102]. - The company is currently developing high-performance, low-power, domestically produced image processing computers for various applications, including infrared and laser guidance systems[101]. - The company has implemented a management mechanism to enhance R&D capabilities, ensuring alignment with market needs and improving product quality[103]. - The company has successfully produced and delivered products utilizing new technologies, enhancing production efficiency and reliability[94]. Market and Industry Trends - The demand for embedded computers in defense equipment is expected to rise as the value of electronic products in various defense systems continues to increase, with avionics systems accounting for 30-40% of advanced combat aircraft development costs[55]. - The shift towards informationization in China's defense sector is crucial, as modern warfare increasingly relies on information superiority, necessitating upgrades in defense equipment[53]. - The overall growth in the defense sector is expected to create a robust market for embedded computing solutions, driven by both modernization and new technology integration[60]. - The embedded computer market is experiencing rapid growth due to the increasing demand for intelligent equipment across various industries, including defense[76]. - The embedded systems market in China is expected to benefit from the integration of information technology and traditional industries, as well as government support and policies[80]. Risks and Challenges - The company has not reported any significant risks that could materially affect its operations during the reporting period[4]. - The company has outlined potential risks associated with forward-looking statements in the report[6]. - The company faces risks related to the procurement of core raw materials, which are critical for maintaining product stability and reliability[108]. - The company faces risks from intensified market competition, particularly from large state-owned enterprises in the same sector[118]. - The company has not experienced major quality disputes, but product quality risks remain a concern due to high customer expectations[110]. Governance and Management - The company’s board of directors held a total of 13 meetings during the reporting period, with all resolutions passed unanimously[179]. - The term for the current board members and senior management extends until November 2025, ensuring stability in leadership[172]. - The company has a structured remuneration policy for directors and senior management, aligning with market standards for independent directors[176]. - The company has maintained a consistent governance structure with no rejected proposals in board meetings throughout the reporting period[179]. - The company has implemented a competitive compensation system, including fixed salaries, performance bonuses, and stock incentives for management and key technical staff[191]. Strategic Initiatives - The company aims to deepen cooperation in the fields of UAVs, commercial satellites, and aerospace launch support, focusing on technology innovation and product development[155]. - The company is actively expanding its product categories and developing new technologies to improve market share and core competitiveness[155]. - The company is focusing on developing new platforms and technologies based on embedded computer modules, enhancing product performance and maintaining its advantage in the military embedded computer sector[157]. - The company plans to deepen its involvement in airborne, missile, vehicle-mounted, and ship-mounted equipment projects to increase market share and customer collaboration[158].

Investment Rating - The report maintains a "Recommended" rating for the company [1][2]. Core Views - The company achieved a revenue of 660 million yuan in 2023, representing a year-on-year growth of 22.6%, and a net profit attributable to shareholders of 96 million yuan, up 27.7% year-on-year [1]. - The revenue growth is attributed to continuous market expansion and increased order volume [1]. - The company has a rich project reserve, with expectations of multiple important models being delivered in the next five years, projecting a cumulative delivery amount of 5.1 billion yuan [1]. - The company is a leading private enterprise in the special embedded computer industry, focusing on areas such as airborne and missile-borne systems, and has strengthened R&D investments in emerging fields like drones and commercial satellites [1]. Summary by Sections Financial Performance - In Q4 2023, the company reported a revenue of 260 million yuan, a year-on-year increase of 35.1%, and a net profit of 30 million yuan, up 12.6% year-on-year [1]. - The overall gross margin for 2023 decreased by 8.39 percentage points to 43.6%, while the net margin increased by 0.58 percentage points to 14.5% [1]. - The company’s R&D expenses for 2023 were 120 million yuan, a year-on-year increase of 8%, with a focus on enhancing R&D capabilities [1]. Order and Project Pipeline - As of the end of 2023, the company had an order backlog of 406 million yuan, a decrease of 15.4% year-on-year [1]. - The company has maintained a high R&D expense ratio of around 20% from 2021 to 2023, indicating a strong commitment to innovation [1]. Future Outlook - The projected net profits for 2024, 2025, and 2026 are estimated at 136 million yuan, 181 million yuan, and 242 million yuan respectively, with corresponding price-to-earnings ratios of 23x, 17x, and 13x [1].

成都智明达电子股份有限公司 2023 年度 非经营性资金占用及其他关联资金往来的 | 索引 | 页码 | | --- | --- | | 专项说明 | 1-2 | | 非经营性资金占用及其他关联资金往来情况汇总表 | | 言永中和会计师事务所| 北京市东城区朝阳门北大街 8 号宣化十厦 A 应 Q 层 联系申话: tolonhone: +86 (010) 6554 2288 certified public accountants Donachena District. Belling 100027 P R China 专项说明 关于成都智明达电子股份有限公司 2023 年度非经营性资金占用及其他关联资金往来的专项说明 XYZH/2024BJAG1F0078 成都智明达电子股份有限公司 成都智明达电子股份有限公司全体股东; 我们按照中国注册会计师审计准则审计了成都智明达电子股份有限公司(以下简称 智明达公司)2023年度财务报表,包括 2023年12月31 日资产负债表、2023年度利润 表、现金流量表、股东权益变动表以及财务报表附注,并于 2024 年 3 月 28 日出具了 XYZH/2024BJAG1B ...

成都智明达电子股份有限公司 2023 年度 募集资金年度存放与使用情况鉴证报告 | 蒙引 | 页码 | | --- | --- | | 鉴证报告 | 1-2 | | 关于募集资金 2023 年度存放与使用情况的专项报告 | 1-6 | 3永中和会计师事务所| 北京市东城区朝阳门北大街 8 号富华大厦 A 座 9 层 联系申话: +86(010) 6554 2288 telephone: +86 (010) 6554 2288 certified public accountants 9/F Block A Fu Hua Mansic No 8 Chaovangmen Beidaiia Dongcheng District, Beijing 100027. P.R.China 86 (010) 6554 7190 +86 (010) 6554 7190 募集资金年度存放与使用情况鉴证报告 XYZH/2024BJAG1F0079 成都智明达电子股份有限公司 成都智明达电子股份有限公司全体股东: 我们对后附的成都智明达电子股份有限公司(以下简称智明达公司)关于募集资金 2023 年度存放与使用情况的专项报告(以下简 ...

证券代码：688636 证券简称：智明达 公告编号：2024-009 成都智明达电子股份有限公司 2024年日常关联交易预计公告 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： 本次日常关联交易预计不需要提交股东大会审议； 根据《上海证券交易所科创板股票上市规则》等有关法律、法规及《公司章 程》的规定，结合公司以往的实际情况，经核查，我们认为此次预计日常关联交 易事项是公司与关联方之间正常、合法的经济行为，表决程序符合公司章程的规 1 公司与关联方发生的日常关联交易遵循公允、合理的原则，不存在损害 公司及全体股东特别是中小股东利益的行为，不会对关联方形成依赖，不会影响 公司独立性。 一、日常关联交易基本情况 （一）日常关联交易履行的审议程序 1. 董事会表决情况 成都智明达电子股份有限公司（以下简称"公司"）于 2024 年 3 月 28 日召 开第三届董事会第十四次会议对《关于公司 2024 年度日常关联交易预计的议案》 进行了审议，预计公司 2024 年度与关联方发生日常关联交易金额总额不超过 834 ...

成都智明达电子股份有限公司 2023 年度 联系申话: +86 (010) 6554 2288 +86 (010) 6554 2288 certified public accountants 内部控制审计报告 索引 内部控制审计报告 页码 - 1-2 t was the 信永中和会计师事务所 | 北京市东城区朝阳门北大街 8 号富华大厦 A 座 9 9/F Block A Fu H No 8 Chaovangmen Donacheng District. E 100027 P R Chi 86 (010) 6554 7190 86 (010) 6554 7190 内部控制审计报告 XYZH/2024BJAG1B0071 成都智明达电子股份有限公司 成都智明达电子股份有限公司全体股东: 按照《企业内部控制审计指引》及中国注册会计师执业准则的相关要求,我们审计 了成都智明达电子股份有限公司(以下简称智明达公司)2023年 12月 31 日财务报告内 部控制的有效性。 一、企业对内部控制的责任 按照《企业内部控制基本规范》 、《企业内部控制应用指引》 、《企业内部控制评 价指引》的规定,建立健全和有效实施内部控制 ...

证券代码：688636 证券简称：智明达 公告编号：2024-016 成都智明达电子股份有限公司 第三届监事会第十二次会议决议公告 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、准确性和完整性承担个别及连带责任。 一、 监事会会议召开情况 成都智明达电子股份有限公司（以下简称"公司"）第三届监事会第十二次 会议于 2024 年 3 月 28 日在公司会议室以现场结合通讯方式召开。会议通知已于 2024 年 3 月 18 日以通讯方式送达全体监事。本次会议应出席监事 3 名，实际出 席监事 3 名。本次会议由监事会主席邝启宇先生召集并主持。本次会议的召集和 召开程序符合有关法律、行政法规、部门规章、规范性文件和《公司章程》的规 定，会议决议合法、有效。 二、监事会会议审议情况 经与会监事审议，逐项表决，形成如下决议： （一）审议通过《关于 2023 年度监事会工作报告的议案》 表决结果：3 票同意，0 票反对，0 票弃权 本议案尚需提交公司股东大会审议。 （二）审议通过《关于 2023 年度财务决算报告的议案》 表决结果：3 票同意，0 票反对，0 票弃权 ...

证券代码：688636 证券简称：智明达 公告编号：2024-014 成都智明达电子股份有限公司 关于召开 2023 年年度股东大会的通知 本公司董事会及全体董事保证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： 一、 召开会议的基本情况 （一） 股东大会类型和届次 2023 年年度股东大会 召开日期时间：2024 年 4 月 18 日 15 点 00 分 召开地点：成都市敬业路 108 号 T 区 1 栋 12 楼会议室 （五） 网络投票的系统、起止日期和投票时间。 网络投票系统：上海证券交易所股东大会网络投票系统 网络投票起止时间：自 2024 年 4 月 18 日 至 2024 年 4 月 18 日 采用上海证券交易所网络投票系统，通过交易系统投票平台的投票时间为股 股东大会召开日期：2024年4月18日 本次股东大会采用的网络投票系统：上海证券交易所股东大会网络投票 系统 （二） 股东大会召集人：董事会 （三） 投票方式：本次股东大会所采用的表决方式是现场投票和网络投票相结 合的方式 （四） 现场会议召开的日期、时间和地点 东 ...