Financial Performance - In the first three quarters of 2024, total expenses amounted to approximately 600 million, a year-on-year decrease of about 14% [2] - R&D expenses were approximately 390 million, down about 15.6% year-on-year, with R&D investment accounting for 16.4% of operating revenue [2] - Net profit attributable to shareholders for Q3 2024 was 86.43 million, achieving a turnaround from loss to profit, with a quarter-on-quarter growth of 55.27% [2] - For the first nine months of 2024, net profit attributable to shareholders was 177.91 million, also achieving a turnaround from loss to profit [2] Revenue Growth Factors - The company's operating revenue for the first three quarters of 2024 was approximately 2.366 billion, a year-on-year increase of about 32.71% [8] - Growth was driven by stable performance in consumer electronics, industrial interconnect, and automotive sectors, alongside continuous market share gains in new products and markets [8] - The gross profit margin for Q3 2024 was 32.92%, a year-on-year increase of 10.8 percentage points, marking four consecutive quarters of improvement [8] Product and Market Development - The company has a strong competitive advantage in high-performance mixed-signal chips, power management chips, and signal chain chips, with a comprehensive product series and technology accumulation [2] - The company is actively involved in the AR/AI market, providing high-performance audio solutions and mixed-signal chips that support various AR/AI devices [3] - The company maintains close cooperation with leading tech firms in the AR sector, anticipating significant growth in AR products integrated with AI [3] R&D and Talent Management - As of June 30, 2024, the company had 664 technical personnel, accounting for 74% of total employees, with an average of over ten years of experience [2] - The company emphasizes the cultivation of R&D and management talent, having established a stable and mature team [2] Inventory and Cost Management - As of Q3 2024, the inventory value was 609 million, down from 675 million at the beginning of the year, representing the lowest inventory level in recent years [8] - The company has implemented management reforms, including digitalization of R&D processes, leading to reduced labor and engineering development costs [2]

证券时报e公司讯，艾为电子(688798)12月22日晚间公告，公司董事郭辉直接持有公司9.75%股份，计划 通过集中竞价或大宗交易的方式减持其所持有的公司股份合计不超过60万股，占公司总股本的比例不超 过0.26%。 公司董事、联席总经理娄声波直接持有公司3.06%股份，计划通过集中竞价或大宗交易的方式减持其所 持有的公司股份合计不超过35万股，占公司总股本的比例不超过0.15%。 ...

截至本公告披露之日，公司董事、联席总经理娄声波直接持有公司股份 7,121,520 股，占公司总股本的 3.06%。 证券代码：688798 证券简称：艾为电子 公告编号：2024-053 上海艾为电子技术股份有限公司 董事、高级管理人员减持股份计划公告 本公司董事会、全体董事及相关股东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： ⚫ 董事及高级管理人员持股的基本情况 截至本公告披露之日，上海艾为电子技术股份有限公司（以下简称"公司"） 董事郭辉直接持有公司股份 22,680,000 股，占公司总股本的 9.75%。 上述股份为公司首次公开发行股票并上市前取得的股份和公司资本公积转 增股本取得的股份，且分别于 2022 年 8 月 16 日、2023 年 6 月 16 日上市流通。 ⚫ 减持计划的主要内容 公司董事郭辉计划通过集中竞价或大宗交易的方式减持其所持有的公司股 份合计不超过 600,000 股，占公司总股本的比例不超过 0.26%。 公司董事、联席总经理娄声波计划通过集中竞价或大宗交易的方式减持其所 持有的公司股份 ...

证券简称：艾为电子 证券代码：688798 上海艾为电子技术股份有限公司 投资者关系活动汇总表 （2024 年 12 月 3 日-5 日） | --- | --- | --- | |-----------------------|----------------------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

证券简称：艾为电子 证券代码：688798 上海艾为电子技术股份有限公司 投资者关系活动汇总表 | --- | --- | --- | |-----------------------|-------------------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

关于处置部分金融资产的公告 上海艾为电子技术股份有限公司 证券代码：688798 证券简称：艾为电子 公告编号：2024-052 本次交易标的在公司财务报表中列示为"交易性金融资产"，该金融资产按 照公允价值计量且其变动计入当期损益。本次交易累积产生收益 2,407.24 万元 （扣除所得税等影响），包括（1）2022 年度至 2023 年度公司已确认公允价值变 动净收益 1,152.39 万元（扣除所得税等影响），并已经体现在公司 2022 年度及 2023 年度经审计财务报表中；（2）2024 年前三季度已确认公允价值变动净损失 31.18 万元（扣除所得税等影响），并已经体现在公司 2024 年前三季度报告财务 报表中；（3）本次处置收益金额 1,286.03 万元（扣除所得税等影响），占公司 最近一期（2023 年度）经审计的归属于上市公司股东的净利润的比例为 25.21%。 此次处置该部分股票将会对公司 2024 年损益产生积极影响。 以上数据为初步核算结果，公司将根据《企业会计准则》等有关规定对该交 易进行会计处理，具体以公司 2024 年度审计报告为准，敬请广大投资者注意投 资风险。 公司处置部 ...

Group 1: Financial Performance - The company's operating revenue for the first three quarters of 2024 was approximately 2.366 billion CNY, representing a year-on-year growth of about 32.71% [1] - The gross profit margin for Q3 2024 was 32.92%, an increase of 10.8 percentage points year-on-year and 4.02 percentage points quarter-on-quarter [2] - The net profit attributable to shareholders for Q3 2024 was 86.43 million CNY, achieving profitability compared to the previous year, with a quarter-on-quarter growth of 55.27% [2] - For the first nine months of 2024, the net profit attributable to shareholders was 177.91 million CNY, also achieving profitability compared to the previous year [2] Group 2: Business Growth Factors - The growth in operating revenue was driven by stable growth in the consumer electronics, industrial interconnection, and automotive sectors, along with an increase in market share for new products [1] - The improvement in gross profit margin was attributed to the continuous growth of new and high-value products, accelerated iteration of old products, and cost reduction efforts [2] - The company has expanded its client base to include major brands such as Xiaomi, OPPO, vivo, and Samsung, among others, in various sectors including AIoT and automotive [1] Group 3: Cash Flow and Cost Management - The net cash flow from operating activities increased by 60.44% from the beginning of 2024 to the end of Q3 2024, primarily due to increased cash receipts from sales and reduced operating expenses [2] - The company has implemented management reforms, including digitalization of the R&D process, which has led to a reduction in labor and engineering development costs compared to the previous year [2]

Investment Rating - The report maintains an "Overweight" rating for the company [1] Core Views - The company achieved a revenue of 2.366 billion yuan in the first three quarters of 2024, a YoY increase of 32.71%, and a net profit attributable to the parent company of 178 million yuan, turning from a loss to a profit [2] - In Q3 2024, the company's gross margin reached 32.92%, a QoQ increase of 4.02 percentage points, marking the fourth consecutive quarter of improvement [3] - The company has formed a platform-based model with three product lines: high-performance mixed-signal chips, power management, and signal chain, and is steadily advancing more comprehensive systematic innovation solutions [4] - Long-term growth is expected as the company continues to enhance its product matrix and expand into high-margin areas such as industrial internet and automotive electronics [4] Financial Performance - The company's gross margin for the first three quarters of 2024 was 29.69%, with Q3 gross margin at 32.92%, showing strong QoQ improvement [3] - Total operating expenses for Q3 2024 were 208 million yuan, with R&D expenses at 135 million yuan, a QoQ increase of 6.30% [3] - The company's revenue for 2024/2025/2026 is forecasted to be 3.149 billion yuan, 3.896 billion yuan, and 4.797 billion yuan, respectively, with YoY growth rates of 24.4%, 23.7%, and 23.1% [5] - Net profit attributable to the parent company for 2024/2025/2026 is expected to be 244 million yuan, 465 million yuan, and 718 million yuan, with YoY growth rates of 379.0%, 90.2%, and 54.6% [5] Product and Market Strategy - The company has a comprehensive audio solution integrating hardware chips and software algorithms, expanding into mid-to-high power areas such as notebooks and automotive audio [4] - The company's Haptic hardware and TikTap tactile feedback system have a strong first-mover advantage, with continuous product iteration [4] - The company's OIS chips and anti-shake algorithms for high-precision optical image stabilization are leading in progress and are expected to see significant growth in 2024 [4] Valuation and Ratios - The company's PE ratios for 2024/2025/2026 are 61.6x, 32.4x, and 21.0x, respectively, based on the closing price on November 4, 2024 [5] - The company's ROE is expected to improve from 6.3% in 2024 to 14.5% in 2026 [6] - The company's gross margin is forecasted to increase from 30.7% in 2024 to 35.6% in 2026 [6]

上海市锦天城律师事务所 关于上海艾为电子技术股份有限公司 2024 年第三次临时股东大会 的 法律意见书 上海市锦天城律师事务所 地址：上海市浦东新区银城中路 501 号上海中心大厦 9、11、12 楼 电话：021-20511000 传真：021-20511999 邮编：200120 上海市锦天城律师事务所 法律意见书 临时股东大会的法律意见书 致：上海艾为电子技术股份有限公司 上海市锦天城律师事务所（以下简称"本所"）接受上海艾为电子技术股份 有限公司（以下简称"公司"）委托，就公司召开 2024 年第三次临时股东大会 （以下简称"本次股东大会"）的有关事宜，根据《中华人民共和国公司法》（以 下简称《公司法》）、《上市公司股东大会规则》等法律、法规、规章和其他规 范性文件以及《上海艾为电子技术股份有限公司章程》（以下简称《公司章程》） 的有关规定，出具本法律意见书。 为出具本法律意见书，本所及本所律师依据《律师事务所从事证券法律业务 管理办法》和《律师事务所证券法律业务执业规则（试行）》等规定及本法律意 见出具日以前已经发生或者存在的事实，严格履行了法定职责，遵循了勤勉尽责 和诚实信用原则，对本次股东大会 ...

证券代码：688798 证券简称：艾为电子 公告编号：2024-051 上海艾为电子技术股份有限公司 2024 年第三次临时股东大会决议公告 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： 本次会议是否有被否决议案：无 一、 会议召开和出席情况 （三） 出席会议的普通股股东、特别表决权股东、恢复表决权的优先股股东及 其持有表决权数量的情况： | 1、出席会议的股东和代理人人数 | 143 | | --- | --- | | 普通股股东人数 | 143 | | 2、出席会议的股东所持有的表决权数量 | 158,902,298 | | 普通股股东所持有表决权数量 | 158,902,298 | | 3、出席会议的股东所持有表决权数量占公司表决权数量的 | 68.5835 | | 比例（%） | | | 普通股股东所持有表决权数量占公司表决权数量的比例 | 68.5835 | | （%） | | （四） 表决方式是否符合《公司法》及公司章程的规定，大会主持情况等。 本次会议由董事会召集，会议采取现场投票和网络投票相 ...