| 债券代码：118024 | 证券代码：688772 | | --- | --- | | 债券简称：冠宇转债 | 证券简称：珠海冠宇 | | | 公告编号：2024-087 | 珠海冠宇电池股份有限公司 关于公司涉及诉讼的进展公告 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、准确性和完整性依法承担法律责任。 重要内容提示： 对公司的影响：截至本公告披露日，公司与宁德新能源科技有限公司、 东莞新能源科技有限公司（以下单独或合称"ATL"）之间的专利争议案件中已 有 12 个 ATL 的专利被国家知识产权局宣告或法院判决无效，已有 12 个案件被 ATL 主动撤诉。本次诉讼进展所涉及的案件目前处于一审判决阶段，尚在上诉期 内，尚未生效执行，公司将持续跟进案件进展并积极采取上诉等措施切实保护公 司技术和产品的合法性，维护公司和股东利益。公司所研发生产的产品具有完全 自主的知识产权，本次诉讼进展不会影响公司正常的生产经营。本次诉讼进展对 公司本期利润或期后利润的影响存在不确定性，最终实际影响以法院生效判决结 果为准。 一、诉讼的基本情况 珠海冠宇电池股份有限 ...

Investment Rating - The report maintains a "Buy" rating for the company [3] Core Views - The company's Q3 2024 performance met expectations, with a significant quarter-on-quarter increase in profitability. Q3 revenue reached 3.17 billion yuan, up 3.4% year-on-year and 13.3% quarter-on-quarter, while net profit attributable to shareholders was 170 million yuan, up 11.4% year-on-year and 81.1% quarter-on-quarter [3] - The gross margin for Q3 2024 improved significantly, reaching 28.3%, an increase of 4.1 percentage points quarter-on-quarter, primarily due to the seasonal uptick in consumer business and enhanced capacity utilization [3] - The company is experiencing a steady increase in production as the consumer electronics sector enters its traditional peak season, with global notebook shipments reaching 54 million units, up 3% year-on-year, and smartphone shipments at 316 million units, up 4% year-on-year [3] - The company has received multiple notices for low-voltage lithium batteries from leading automotive manufacturers, indicating potential for rapid growth in battery shipments and improved economies of scale in the future [3] - The profit forecast for 2024-2026 has been slightly adjusted downwards due to exchange losses and the need for the energy storage business to demonstrate scale effects, with expected net profits of 513 million, 904 million, and 1.089 billion yuan respectively [3][4] Summary by Sections Financial Performance - For the first three quarters of 2024, the company reported total revenue of 8.517 billion yuan, a year-on-year decrease of 0.3%, and a net profit of 268 million yuan, down 7.5% year-on-year [4] - The projected total revenue for 2024 is 11.8 billion yuan, with a year-on-year growth rate of 3.1% [4] - The projected net profit for 2024 is 513 million yuan, reflecting a significant year-on-year increase of 49% [4] Market Position - The company is positioned to increase its market share in the consumer lithium battery sector, supported by strong partnerships with leading manufacturers in the notebook and smartphone markets [3] - The company has established itself with several well-known automotive brands, enhancing its credibility and potential for future growth in the automotive battery segment [3]

Investment Rating - The investment rating for Zhuhai Guanyu (688772.SH) is "Outperform the Market" [3][12]. Core Views - In Q3 2024, the company achieved a net profit attributable to shareholders of 166 million yuan, representing a year-on-year increase of 11% and a quarter-on-quarter increase of 81%. The revenue for the first three quarters of 2024 was 8.517 billion yuan, which is roughly flat year-on-year, with a net profit of 268 million yuan, down 7% year-on-year [1][4]. - The company’s consumer battery sales continued to grow, with an estimated sales volume of 105-110 million units in Q3 2024, reflecting a year-on-year growth of over 20% and a quarter-on-quarter growth of over 21%. The company expects to exceed 380 million units in total consumer battery sales for the year, a year-on-year increase of over 16% [1][11]. - The profitability of the consumer battery segment significantly improved quarter-on-quarter, with an estimated net profit of approximately 255 million yuan in Q3 2024, up 40% quarter-on-quarter, and a net profit margin of about 8.7%, up 1.5 percentage points [1][11]. Summary by Sections Financial Performance - For Q3 2024, the company reported revenue of 3.170 billion yuan, a year-on-year increase of 3% and a quarter-on-quarter increase of 13%. The gross margin was 28.28%, down 0.55 percentage points year-on-year but up 4.13 percentage points quarter-on-quarter [4][10]. - The company’s net profit margin for Q3 2024 was 4.24%, an increase of 1.01 percentage points year-on-year and 2.11 percentage points quarter-on-quarter [4][10]. Business Segments - The energy storage battery business saw continuous growth, with estimated revenue exceeding 200 million yuan in Q3 2024. The company focused on the drone battery and low-voltage automotive battery sectors, with a reduction in losses for this segment [12]. - The company is investing approximately 2 billion yuan to build a consumer battery base in Malaysia to better tap into international markets and meet overseas customer demand [1][11]. Future Outlook - The company maintains its profit forecast and continues to expect net profits of 456 million yuan, 846 million yuan, and 1.286 billion yuan for 2024, 2025, and 2026, respectively, with year-on-year growth rates of 32%, 86%, and 52% [12][13].

Investment Rating - The report maintains a "Buy" rating for Zhuhai Guanyu (688772) [1] Core Views - Q3 performance is generally in line with expectations, with total revenue for the first three quarters of 2024 at 8.5 billion yuan, a decrease of 0.3% year-on-year, and a net profit attributable to shareholders of 270 million yuan, down 7.5% year-on-year [2] - Q3 consumer shipments reached a record high, with North American major customers accounting for 10% of shipments, contributing to a net profit margin increase to over 10% [3] - The start-stop business has turned profitable, with an expected annual loss of 400 million yuan, but is projected to improve in the coming years [4] Financial Performance Summary - For 2024, total revenue is forecasted to be 12.08 billion yuan, with a year-on-year growth of 5.51% [1] - The net profit attributable to shareholders is expected to reach 524.94 million yuan in 2024, representing a year-on-year increase of 52.51% [1] - The latest diluted EPS is projected to be 0.47 yuan per share for 2024, with a P/E ratio of 38.07 [1] Revenue and Profitability Insights - Q3 revenue from consumer products was approximately 29-30 billion yuan, accounting for 93% of total revenue, with laptops and mobile phones contributing significantly [3] - The gross margin for consumer products in Q3 reached over 30%, with a net profit margin exceeding 10% [3] - The company expects to maintain shipment levels of 1-1.1 billion units in Q4, with total shipments for 2024 projected at 3.8 billion units, a 15% increase year-on-year [3] Cash Flow and Expenses - Operating cash flow for the first three quarters of 2024 was 1.7 billion yuan, an increase of 7% year-on-year, with Q3 operating cash flow at 800 million yuan, up 21% quarter-on-quarter [5] - Total expenses for the first three quarters of 2024 were 2.1 billion yuan, a 17% increase year-on-year, with a slight increase in expense ratio [5]

珠海冠宇电池股份有限公司投资者关系活动记录表 证券代码：688772 证券简称：珠海冠宇 编号：2024-018 | --- | --- | --- | |-----------------------|-------------------------------------------------------------------------------------------------|----------------------------------------------------------------------------------------------------------------------------------------------| | 投资者关系活动 \n类别 | □特定对象调研 \n□媒体采访 □业绩说明会 \n□新闻发布会 □路演活动 \n□现场参观 □一对一沟通 \n□其他 | 分析师会议 | | 参与单位 | 金、中欧基金等 83 | 国海证券、广发证券、申万宏源、海通证券、中信证券、招商证券、长江证 券、国信证券、国泰君安证券、易方达基金、长盛基金、银 ...

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。 一、募集资金基本情况 经中国证券监督管理委员会证监许可〔2021〕2944 号文同意，公司由主承销 商招商证券股份有限公司通过向战略投资者定向配售、网下向符合条件的投资者 询价配售和网上向持有上海市场非限售 A 股股份和非限售存托凭证市值的社会 公众投资者定价发行相结合的发行方式，公开发行人民币普通股（A 股） 155,713,578 股，每股发行价格为人民币 14.43 元，募集资金总额为人民币 2,246,946,930.54 元，扣除不含税发行费用人民币 143,020,958.53 元，实际募集资 金净额为人民币 2,103,925,972.01 元。截至 2021 年 10 月 11 日，上述募集资金已 全部到位，并且已经致同会计师事务所（特殊普通合伙）出具的致同验字（2021） 第 351C000675 号《验资报告》予以验证。 二、募集资金监管协议的签订情况和募集资金专户的开设情况 公司对募集资金采取了专户存储管理，设立了相关募集资金专项账户。募集 资金到账后， ...

《科创板日报》10月28日（记者 余佳欣）今日（10月28日），珠海冠宇发布2024年第三季度业绩报。 今年前三季度，珠海冠宇营收85.17亿元，同比减少0.27%；实现归母净利润为2.68亿元，同比减少 7.47%。 纵观珠海冠宇业绩表现，该公司近年来业绩波动幅度较大，不过其今年第三季度业绩现同、环比增长趋 势。该公司Q3营收31.7亿元，同比增长3.39%；实现归母净利润为1.66亿元，同比增加11.43%，环比增 加约81.05%。 珠海冠宇主要从事消费类电池的研发、生产及销售，也推进在动力及储能类电池领域的布局。今年前三 季度，该公司研发投入为10.53亿元，同比增加30.46%，占营收比例为12.36%，同比增加2.91个百分 点。 消费电子领域，今年9月，该公司机构调研时表示，其正积极参与多个折叠机项目，且部分产品已量 产。部分机型会采用双电芯的布局结构，从而增加电芯数量。折叠机型留给电池的空间通常会更加有 限，对电池的结构和性能要求更高，所以价值量会有所提升。 动力及储能业务上，珠海冠宇称将汽车低压锂电池定位为自身优势项目和差异化竞争的核心业务。在汽 车低压锂电池方面陆续获得上汽、智己、捷豹路虎 ...

| 证券简称：珠海冠宇 转债简称：冠宇转债 | 公告编号：2024-083 | | --- | --- | | 证券代码：688772 转债代码：118024 | | 珠海冠宇电池股份有限公司 关于使用部分闲置募集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、准确性和完整性依法承担法律责任。 重要内容提示： 珠海冠宇电池股份有限公司（以下简称"公司"）于 2024 年 10 月 26 日召 开第二届董事会第二十三次会议、第二届监事会第十二次会议，审议通过了《关 于使用部分闲置募集资金进行现金管理的议案》，同意公司（含子公司，下同） 在确保不影响募集资金投资项目建设、不改变募集资金使用用途、不影响公司正 常生产经营以及确保资金安全并有效控制风险的前提下，使用不超过人民币 10 亿元（含本数）的闲置募集资金择机购买满足安全性高、流动性好、期限不超过 12 个月要求的投资产品，额度有效期限为董事会审议通过之日起 12 个月。在前 述额度和有效期限内，资金可以循环滚动使用。招商证券股份有限公司（以下简 称"保荐机构"、"主承销商"）对该事 ...

| 证券代码：688772 | 证券简称：珠海冠宇 | 公告编号：2024-082 | | --- | --- | --- | | 债券代码：118024 | 债券简称：冠宇转债 | | 珠海冠宇电池股份有限公司 关于 2024 年前三季度计提资产减值准备的公告 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。 一、2024 年前三季度计提资产减值准备情况 根据《企业会计准则》及珠海冠宇电池股份有限公司（以下简称"公司"） 会计政策、会计估计的相关规定，为了真实、准确地反映公司 2024 年前三季度 的财务状况和经营成果，基于谨慎性原则，公司对截至 2024 年 9 月 30 日合并报 表范围内可能发生信用及资产减值损失的有关资产计提资产减值准备。 2024 年前三季度，公司确认资产减值损失和信用减值损失共计 17,276.00 万 元，具体如下： 单位：万元 （二）计提方法 1、存货跌价准备的计提方法 在资产负债表日，存货按照成本与可变现净值孰低计量。存货跌价准备按单 个存货项目的成本高于其可变现净值的差额提取。计提存货跌 ...

| 证券代码：688772 | 证券简称：珠海冠宇 | 公告编号：2024-085 | | --- | --- | --- | | 转债代码：118024 | 转债简称：冠宇转债 | | 珠海冠宇电池股份有限公司 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： 本次业绩说明会以网络互动形式召开，公司将针对 2024 年前三季度的经营 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 3 日下午 14:00-15:00 会议召开时间：2024 年 12 月 3 日（星期二）下午 14:00-15:00 会议召开地点：上证路演中心（网址：http://roadshow.sseinfo.com） 会议召开方式：上证路演中心网络互动 投资者可于 2024 年 11 月 26 日（星期二）至 12 月 2 日（星期一）16:00 前 登录上证路 ...