证券代码：688686 证券简称：奥普特 编号：2024-021 广东奥普特科技股份有限公司投资者关系活动记录表 | --- | --- | --- | |--------------------|---------------------------------------------------------------------------------------------------------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------| | 投资者关系活动类别 | □特 ...

机械设备 证 券 研 究 报 告 2024 年 09 月 01 日 奥普特 (688686) —— 下游需求复苏在即，新品推出值得期待 | --- | --- | |-----------------------------|-------------------------------| | 市场数据： | 2024 年 08 月 30 日 | | 收盘价（元） | 51.84 | | 一年内最高 / 最低（元） | 119.67/47.50 | | 市净率 | 2.2 | | 息率（分红/股价） | 1.02 | | 流通 A 股市值（百万元） | 6,337 | | 上证指数/深证成指 | 2,842.21/8,348.48 | | --- | --- | |-------------------------------|-------------------------------| | | | | | | | 基础数据 : | 2024 年 06 月 30 日 | | 每股净资产（元） | 23.96 | | | | | 资产负债率 % | 8.65 | | 总股本 /流通 A 股（百万） | 12 ...

证券代码：688686 证券简称：奥普特 广东奥普特科技股份有限公司投资者关系活动记录表 | --- | --- | |----------------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------| | 投资者关系活动类别 | 分析师会议 \n 业绩说明会 \n 现场参观 | | 参与单位名称及人员姓名 | 年半年度业绩说明会（投资者） | | 时间 | 09:00-10:00 | | 地点 | 上海证券 ...

编号：2024-020 证券代码：688686 证券简称：奥普特 广东奥普特科技股份有限公司投资者关系活动记录表 | --- | --- | |--------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

Investment Rating - The report maintains a "Buy" rating for the company, with a target price adjusted to 66.50 yuan from the previous 87.85 yuan, based on a 35x PE for 2024 [1][4]. Core Views - The company's earnings per share (EPS) for 2024 is revised down to 1.90 yuan from 2.46 yuan, while the EPS for 2025 and 2026 is slightly increased to 3.29 yuan and 4.22 yuan respectively [1]. - The company is facing short-term pressure due to a decline in 3C and lithium battery sectors, with revenues for these segments dropping by 8.75% and 37.37% respectively in the first half of 2024 [1]. - Despite the challenges, the company is focusing on enhancing its product matrix and increasing self-production ratios to improve operational efficiency [1]. Financial Summary - For the first half of 2024, the company reported revenues of 522 million yuan, a decrease of 15.65%, and a net profit of 113 million yuan, down 34.73% [1][3]. - The gross margin for the first half of 2024 was 66.01%, slightly down by 1.25 percentage points, while the net profit margin was 21.70%, an increase of 6.35 percentage points [1]. - R&D expenses for the first half of 2024 amounted to 110 million yuan, representing 21.05% of revenue, indicating a strong commitment to innovation [1]. Market Position and Strategy - The company is recognized as a leader in core components for machine vision and is actively expanding into new markets [1]. - The company has established a presence in overseas markets, including setting up a company in Vietnam and increasing resources in India [1]. - The report highlights the company's proactive approach in product standardization and collaboration with downstream industries to identify new growth opportunities [1].

Financial Performance - The company's operating revenue for the first half of 2024 was ¥522,296,856.56, a decrease of 15.65% compared to the same period last year[15]. - Net profit attributable to shareholders decreased by 34.73% to ¥113,354,887.64, while the net profit after deducting non-recurring gains and losses fell by 38.72% to ¥97,108,928.06[17]. - The net cash flow from operating activities dropped significantly by 83.20% to ¥9,297,030.39, primarily due to reduced cash payments from major clients in the 3C and new energy sectors[17]. - Basic and diluted earnings per share decreased by 34.81% to ¥0.9273, with a weighted average return on equity declining by 2.42 percentage points to 3.88%[16]. - The company's total assets increased by 5.20% to ¥3,205,567,108.46, and net assets attributable to shareholders rose by 1.75% to ¥2,928,409,521.29[15]. Research and Development - Research and development expenses accounted for 21.05% of operating revenue, an increase of 4.18 percentage points compared to the previous year[16]. - The company emphasizes a balanced approach to R&D, focusing on foundational, product, and forward-looking research, leveraging technologies such as optical imaging, image processing, and deep learning[22]. - The company’s R&D investment reached 110 million yuan, a year-on-year increase of 5.28%[36]. - The company’s R&D investment in the current period reflects a commitment to maintaining technological leadership and customer satisfaction through increased personnel compensation[41]. - The number of R&D personnel increased to 857, accounting for 30.91% of the total workforce, compared to 806 and 33.42% in the same period last year[48]. Product Development and Innovation - The company plans to expand its product line in advanced industrial sensors and is considering mergers and acquisitions to enhance its offerings in the motion products sector[20]. - The company has developed a comprehensive range of machine vision products, including algorithms, intelligent platforms, and various sensors, enhancing its product line[24]. - The company launched multi-color switchable fiber light sources and high-definition shadowless light sources to meet complex application needs[36]. - The company upgraded its visual software product line, enhancing algorithm efficiency and resource utilization, and improving functionality for 3D measurement and appearance inspection[37]. - The company is actively innovating in sensor technology, achieving breakthroughs in digitalization, networking, and high precision[37]. Market and Industry Trends - The machine vision industry is characterized as technology-intensive, requiring significant R&D investment and creating high barriers to entry for potential market entrants[26]. - The demand for high-precision imaging technology is continuously rising, driven by the deepening development of intelligent manufacturing and industrial automation[29]. - The machine vision industry experienced significant technological innovations and upgrades in the first half of 2024, laying a solid foundation for future development[28]. - The integration of AI technology has significantly enhanced the analysis capabilities of machine vision systems, improving detection accuracy and efficiency while expanding application areas[30]. - The machine vision industry is focusing on high precision and automation, with advancements in camera resolution, dynamic range, and color accuracy to meet increasing industrial demands[33]. Corporate Governance and Compliance - The report has not been audited, and the management has confirmed the accuracy and completeness of the financial statements[3]. - The company has not engaged in any non-operational fund occupation by controlling shareholders or related parties[4]. - There are no violations of decision-making procedures regarding external guarantees[4]. - The company has not disclosed any special arrangements for corporate governance[4]. - The company has confirmed that all board members attended the board meeting where the report was approved[4]. Environmental and Social Responsibility - The company has established an environmental management mechanism and complies with ISO14001 certification[80]. - The company launched a distributed photovoltaic power generation project with a capacity of 261.82KW, generating 109,800 kWh of electricity in the reporting period, which is expected to reduce carbon emissions by 271.16 tons annually[85]. - The company has implemented a carbon reduction measure, successfully reducing carbon dioxide equivalent emissions by 109.56 tons through the use of clean energy generation[84]. - The company has established a waste management plan, categorizing waste into general and hazardous waste, and has implemented specific procedures for their treatment[83]. - The company has donated a total of 250,000 yuan to educational foundations to support local education initiatives[86]. Shareholder Commitments and Stock Management - The controlling shareholders committed to not transferring or entrusting the management of their shares for 36 months post-IPO[89]. - The company will not repurchase shares held by major shareholders during the lock-up period[89]. - The company commits to not reducing its shareholding within 36 months post-IPO and will not transfer or delegate management of shares held through QianZhi Investment[90]. - The company will ensure compliance with the Securities Law and relevant regulations during any share reduction process[91]. - The commitments made by shareholders are designed to ensure the company's long-term stability and governance[89]. Financial Management and Fund Utilization - The total amount used for stock repurchase should not exceed 50% of the previous year's net profit attributable to shareholders[93]. - The company will utilize all raised funds for main business-related projects to enhance competitiveness and achieve sustained growth[95]. - The company received a warning from the China Securities Regulatory Commission regarding discrepancies in the use of raised funds, specifically exceeding the planned amount for employee salaries by RMB 1,503.58 million[108]. - The company will enhance its management of raised funds and improve compliance with disclosure obligations following the regulatory decision[108]. - The total amount of raised funds is CNY 1,618,463,800, with a net amount after issuance costs of CNY 1,535,969,003.72, resulting in an oversubscription amount of CNY 113,158,103.72[111].

广东奥普特科技股份有限公司 二〇二四年八月 第一章 总则 第四条 公司应对各类舆情实行统一领导、统一组织、快速反应、协同应对。 第五条 公司成立应对舆情管理工作领导小组（以下简称"舆情工作组"）， 由公司董事长担任组长，董事会秘书担任副组长，成员由公司其他 高级管理人员及相关职能部门负责人组成。 （五）舆情处理过程中的其他事项。 第三章 舆情信息的处理原则及措施 舆情管理制度 第二章 舆情管理的组织体系及工作职责 1 / 5 第一条 为了提高广东奥普特科技股份有限公司（以下简称"公司"）应对各 类舆情的能力，建立快速反应和应急处置机制，及时、妥善处理舆 情对公司股票价格、商业信誉及生产经营活动造成的影响，切实保 护投资者合法权益，根据相关法律法规、规范性文件及《公司章程》 规定，结合公司实际情况，制定本制度。 第二条 本制度所称舆情包括： （一）报刊、电视、网络等媒体对公司进行的负面报道； （二）社会上存在的已经或将给公司造成不良影响的传言或信息； （三）可能或者已经影响社会公众投资者投资取向，造成股价异常 波动的信息； （四）其他涉及公司信息披露且可能对公司股票及其衍生品交易价 格产生较大影响的事件。 第三 ...

证券代码：688686 证券简称：奥普特 公告编号：2024-035 广东奥普特科技股份有限公司 关于使用部分闲置募集资金 暂时补充流动资金的公告 本公司及董事会全体成员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。 公司于 2024 年 8 月 29 日分别召开第三届董事会第十六次会议、第三届监事 会第十三次会议，审议通过了《关于使用部分闲置募集资金暂时补充流动资金的 议案》。根据募投项目的资金使用计划及项目的建设进度，在确保不影响募投项 目建设进度的前提下，为了提高募集资金使用效率，董事会同意公司使用部分闲 置募集资金暂时补充流动资金。现将相关事项公告如下： 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《关于同意广东奥普特科技股份有限公 司首次公开发行股票注册的批复》（证监许可〔2020〕3176号），公司首次公开 发行人民币普通股（A股）2,062.00万股，募集资金总额为人民币161,846.38万 元，扣除发行费用（不含增值税）8,249.48万元后，募集资金净额为153,596.90 万元。本次发行募集资金已于2020年1 ...

广东奥普特科技股份有限公司董事会 2024 年 8 月 23 日 在上述决议期限内，公司实际使用了 2,000.00 万元闲置募集资金暂时补充 流动资金，并对上述募集资金进行了合理安排及使用，未影响募集资金投资项目 的正常进行。 截至本公告披露日，公司已将上述暂时补充流动资金的闲置募集资金 2,000.00 万元全部归还至募集资金专用账户，并已通知公司保荐机构及保荐代 表人。 特此公告。 证券代码：688686 证券简称：奥普特 公告编号：2024-031 广东奥普特科技股份有限公司 关于部分闲置募集资金暂时补充流动资金 到期归还的公告 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。 广东奥普特科技股份有限公司（以下简称"公司"）于 2023 年 8 月 28 日分 别召开第三届董事会第十次会议、第三届监事会第七次会议，审议通过了《关于 使用部分闲置募集资金暂时补充流动资金的议案》，同意公司及全资子公司在确 保不影响募投项目建设进度的前提下，使用不超过人民币 20,000.00 万元（含本 数）的部分闲置募集资金暂时补充流 ...

证券代码：688686 证券简称：奥普特 公告编号：2024-030 广东奥普特科技股份有限公司 关于召开 2024 年半年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： 会议召开时间：2024 年 9 月 2 日（星期一）上午 09:00-10:00 投资者可于 2024 年 8 月 26 日（星期一）至 8 月 30 日（星期五）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 info@optmv.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。 广东奥普特科技股份有限公司（以下简称"公司"）将于 2024 年 8 月 30 日 发布公司 2024 年半年度报告，为便于广大投资者更全面深入地了解公司 2024 年 半年度经营成果、财务状况，公司计划于 2024 年 9 月 2 日上午 09:00-10:00 举 行 2024 年半年度业绩说明会，就投资者关心的问题进行交流。 会议召开地点： 上海证券 交易所上证路演中心（ 网 址 ： h ...