Investment Rating - The investment rating for the company is "Outperform the Market" [2] Core Views - The company reported a revenue of 9.002 billion yuan for the first three quarters of 2024, representing a year-on-year increase of 23.42%, with a net profit of 938 million yuan, up 15.19% year-on-year [5] - In Q3 2024, the company achieved a revenue of 3.802 billion yuan, a year-on-year increase of 71.27% and a quarter-on-quarter increase of 25.47% [5] - The company is focusing on strategic inventory buildup to meet order growth and manage supply chain fluctuations, resulting in a significant increase in inventory levels [6] - The company has expanded its global operations with new factories in Vietnam and Thailand, while maintaining effective cost control [7] Financial Summary - The company’s projected revenues for 2024, 2025, and 2026 are 13.082 billion yuan, 16.199 billion yuan, and 18.614 billion yuan respectively, with net profits of 1.302 billion yuan, 1.692 billion yuan, and 2.092 billion yuan [6][10] - The gross margin is expected to be 22.8% in 2024, improving to 24.4% by 2026 [10] - The earnings per share (EPS) is projected to be 1.30 yuan in 2024, increasing to 2.08 yuan by 2026 [10] Business Segment Performance - The optical device series is expected to generate revenues of 4.728 billion yuan in 2024, with a year-on-year growth of 51.99% [8] - The laser processing equipment and intelligent manufacturing line is projected to achieve revenues of 3.785 billion yuan in 2024, with a growth rate of 18.66% [8] - The sensitive components segment is anticipated to reach revenues of 3.902 billion yuan in 2024, reflecting a year-on-year increase of 20.13% [8]

大家好欢迎参加华工科技2024年三季报业绩说明会目前所有参会者均处于静音状态下面开始播报声明本次会议仅服务于邀请参会的广大投资者会议音频及文字记录的内容请供参会者并不使用不得公开发布华工科技未授权任何媒体转发此次会议相关内容 未经允许和授权的转载转发金属侵权华工科技将保留追究其法律责任的权利华工科技不承担因转载转发而产生的任何损失和责任市场有风险投资需谨慎提示广大投资者谨慎做出投资决策在会议开始前我们提醒各位投资者在主讲嘉宾发言结束后将留有提问时间下面有请公司领导发言谢谢 尊敬的各位投资者证券分析师朋友大家上午好我是华峰科技副总裁董事会秘书约翰苏华峰科技2024年第三季度财报已于昨天正式挂网第六感谢各位一直以来对公司的关心关注和支持我们今天专门组织 这场饭店的业绩说明会感谢进门财经提供的平台和方便今天和我一起参加交流的我的同事有黄科技副总裁熊伟熊总黄科技黄高丽总经理聂波聂总 黄科技华工资源总经理胡桑菲胡总大家好以及华工科技华工极光经理事业群总经理王金刚王总各位同事大家好还有公司的财务部经理刘盈和公司证券事务代表姚云川和我的其他同事今天的会议的议程是这样安排的首先由我来介绍 公司三级报的经营数据的情况之后由公司 ...

证券时报e公司讯，华工科技近日在电话会议上表示，海外市场方面，公司已在多家头部客户进行不同 的400G、800G以及1.6T产品的测试。 800G LPO产品已获得明确需求，目前在测试阶段，1.6T产品正加快送样测试，5nm技术已完全准备好， 3nm技术正在研发中，整体进度处于行业第一梯队。 公司泰国工厂预计11月投产，正在做好800G LPO产品在年底和明年一季度上量的准备。 ...

Financial Performance - The company achieved a consolidated revenue of 9.002 billion yuan, a year-on-year increase of 23.42% [8] - The net profit attributable to shareholders reached 938 million yuan, up 15.19% year-on-year [8] - In Q3 alone, revenue was 3.8 billion yuan, reflecting a significant growth of 67.49% year-on-year, with net profit at 313 million yuan, a 34.7% increase [8] R&D Investment - R&D investment for the first three quarters of 2024 totaled 614 million yuan, marking a 26% increase year-on-year [8] - The company emphasizes innovation as a key driver for growth, focusing on high-quality talent and innovative platforms [8] Business Segments Perception Business - Revenue from the sensor business within the perception segment was 2.506 billion yuan, a 10% increase year-on-year [9] - The company is expanding its product offerings in temperature, pressure, humidity, and gas sensors, aiming to build a comprehensive sensor ecosystem [10] Optical Connectivity Business - Revenue for the optical connectivity segment reached 3.472 billion yuan, a 52% increase year-on-year [9] - The company has developed a full range of optical modules, including the latest 1.6T optical module products [9] Laser and Intelligent Manufacturing - This segment generated 2.655 billion yuan in revenue, up 18% year-on-year [9] - The focus is on AI-enabled solutions for smart manufacturing, with significant growth in the automotive and shipbuilding sectors [10] International Expansion - The company is actively increasing its global operations, with factories in Vietnam and Thailand already operational [8] - Plans for further international expansion include establishing bases in Turkey and Hungary [8] Market Outlook - The company aims to enhance its international business capabilities and maintain effective cost control [10] - Future growth is expected in emerging markets and high-end sectors, particularly in electric vehicles and AI industries [10]

Investment Rating - The report maintains a "Recommended" rating for the company [1] Core Views - The company's Q3 performance exceeded expectations, with total revenue reaching 9.002 billion yuan, a year-on-year increase of 23.42%, and a net profit attributable to shareholders of 938 million yuan, up 15.19% year-on-year [1] - The company's revenue for Q3 2024 was 3.802 billion yuan, representing a year-on-year growth of 67.49% and a quarter-on-quarter increase of 25.47% [1] - The gross margin for Q3 2024 was 17.62%, down from 22.44% in Q2 2024, attributed to structural adjustments in the business mix [1] - The company is rapidly advancing in connection products, particularly in the Net5.5G sector, with significant deliveries of 400G and below optical modules and small batch deliveries of 800G optical modules [1] - The company has successfully launched the latest single-wave 200G self-developed silicon optical chip for 1.6T optical modules and various 1.6T optical module products [1] - The company is actively developing new materials and technologies for next-generation high-speed products, aiming to create leading smart "optical + wireless connection" solutions [1] - The sensing business is steadily progressing, with significant growth in the PTC thermal management systems for electric vehicles and breakthroughs in temperature sensors for automotive applications [1] - The company is optimistic about high-end product volume growth and overseas expansion, projecting net profits of 1.304 billion yuan, 1.572 billion yuan, and 1.890 billion yuan for 2024, 2025, and 2026 respectively, with corresponding PE ratios of 28x, 24x, and 20x [1] Financial Summary - For 2024, the company forecasts total revenue of 13.475 billion yuan, with a growth rate of 32% [4] - The net profit attributable to shareholders is projected to be 1.304 billion yuan, reflecting a growth rate of 29.55% [4] - The company expects a gross margin of 23.12% in 2024, with a net profit margin of 9.68% [4] - The total assets are projected to reach 19.647 billion yuan by 2024, with total liabilities of 9.316 billion yuan [5] - The company anticipates a cash flow from operating activities of 915 million yuan in 2024 [6]

华工科技产业股份有限公司 证券代码：000988 证券简称：华工科技 公告编号：2024-41 关于变更经营范围并修订《公司章程》的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完 整，没有虚假记载、误导性陈述或重大遗漏。 华工科技产业股份有限公司（以下简称"华工科技"或"公司"）于 2024 年 10 月 23 日召开的第九届董事会第四次会议审议通过了《关于变更经营范围并修 订<公司章程>的议案》，具体情况公告如下： 一、公司经营范围变更情况 变更前经营范围：提供激光智能装备、激光自动化产线、激光全息综合防伪 产品、传感器、汽车电子产品、光通信产品的研发、生产及销售；提供产品信息 追溯系统的解决方案；提供医疗装备的研发、生产、销售及服务。 变更后经营范围：一般项目：智能基础制造装备制造；金属切割及焊接设备 制造；光通信设备制造；光电子器件制造；电子元器件制造；集成电路芯片及产 品制造；移动终端设备制造；智能车载设备制造；新型膜材料制造；光学仪器制 造；光学玻璃制造；汽车零部件及配件制造；计算机软硬件及外围设备制造；专 用设备制造（不含许可类专业设备制造）；通用设备制造（不含特种设备制造）； 第一 ...

华工科技产业股份有限公司 舆情管理制度 （一）报刊、电视、网络等媒体对公司进行的负面报道； 第一章 总则 第一条 为有效提高华工科技产业股份有限公司（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、妥善处理各类舆情对公司股 价、商业信誉及正常生产经营活动造成的影响，切实保护投资者和公司的合法权 益，根据《深圳证券交易所股票上市规则》等相关法律法规和《公司章程》的规 定，结合公司实际情况制定本制度。 （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； 第二条 本制度所称舆情包括： （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 响的事件信息。 第三条 舆情信息的分类： （一）重大舆情：指传播范围较广，严重影响公司公众形象或正常经营活动，使 公司已经或可能遭受损失，已经或可能造成公司股票及其衍生品种交易价格变动 的负面舆情； （二）一般舆情：指除重大舆情之外的其他舆情。 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 公司董事长任组长，董事会秘书任副组长，成员由 ...

证券代码：000988 证券简称：华工科技 公告编号：2024-38 华工科技产业股份有限公司 表决结果：同意 9 票，反对 0 票，弃权 0 票。 本议案已经公司审计委员会审议通过。 具体内容详见同日在指定媒体披露的《2024 年第三季度报告》（公告编号： 2024-40）。 二、审议通过《关于变更经营范围并修订〈公司章程〉的议案》 表决结果：同意 9 票，反对 0 票，弃权 0 票。 第九届董事会第四次会议决议公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完 整，没有虚假记载、误导性陈述或重大遗漏。 华工科技产业股份有限公司（以下简称"华工科技"或"公司"）于 2024 年 10 月 17 日以电话及邮件方式向全体董事发出了"关于召开第九届董事会第四次 会议的通知"。本次会议于 2024 年 10 月 23 日以通讯方式召开。会议应出席董 事 9 人，实际收到表决票 9 票。会议的召开符合《公司法》及《公司章程》的规 定。 本次会议由董事长马新强先生主持，经全体董事审议并通讯表决，形成了以 下决议： 一、审议通过《2024 年第三季度报告》 具体内容详见同日在指定媒体披露的《舆情管理制度》。 ...

Financial Performance - The company's operating revenue for Q3 2024 reached ¥3,801,593, an increase of 71.27% compared to the same period last year[3] - Net profit attributable to shareholders for Q3 2024 was ¥312,729,637.89, reflecting a growth of 35.20% year-on-year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥267,493,211.64, up 30.65% from the previous year[3] - The basic earnings per share for Q3 2024 was ¥0.31, representing a 34.78% increase compared to ¥0.23 in Q3 2023[3] - Total operating revenue for the period reached ¥9,001,703,896.11, an increase of 23.5% compared to ¥7,293,425,180.66 in the previous period[15] - The company reported a net profit margin improvement, with net profit increasing significantly, although specific figures were not disclosed in the provided content[15] - The net profit for the third quarter of 2024 reached CNY 939.6 million, an increase of 15.6% compared to CNY 813.1 million in the same period last year[16] - The company's operating profit rose to CNY 1.03 billion, up 10.8% from CNY 927.1 million year-over-year[16] - Total comprehensive income attributable to the parent company was CNY 938.1 million, up from CNY 814.2 million year-over-year[17] Assets and Liabilities - Total assets at the end of Q3 2024 amounted to ¥19,721,603,941.99, marking a 12.56% increase from the end of the previous year[3] - Total assets reached ¥19,721,603,941.99, an increase of 12.5% from ¥17,521,336,915.23[15] - Total liabilities increased to ¥9,678,623,386.78, compared to ¥8,298,426,136.03 in the previous period, marking a rise of 16.6%[15] - Non-current assets totaled ¥5,235,362,717.07, up from ¥4,325,235,076.38, reflecting a growth of 21.0%[14] Cash Flow - The company's cash flow from operating activities showed a net outflow of ¥234,568,059.24, a significant decline of 130.63% compared to the same period last year[3] - Net cash flow from operating activities decreased by 130.63%, resulting in a negative cash flow of ¥234,568,059.24 compared to a positive cash flow of ¥765,851,111.93 in the same period last year[8] - Cash flow from investing activities saw a drastic decline of 46845.65%, with a net outflow of ¥1,058,861,299.18, primarily due to increased fixed asset investments[8] - Financing activities generated a net cash inflow of ¥537,183,036.79, a substantial increase of 792.20% from ¥60,208,918.10 in the previous year[8] - Cash and cash equivalents at the end of the period were ¥3,585,275,442.54, down from ¥4,396,257,688.55 at the beginning of the period, representing a decrease of 18.4%[13] - The net increase in cash and cash equivalents was -CNY 757,580,314.52, compared to an increase of CNY 826,702,036.30 in the previous period[18] - The ending balance of cash and cash equivalents was CNY 3,456,601,419.81, down from CNY 4,065,458,209.63 at the end of the previous period[18] Income and Expenses - Total operating costs amounted to ¥8,246,335,122.18, up 25.1% from ¥6,595,307,145.44 in the prior period[15] - Other income for the first nine months of 2024 reached ¥272,039,578.30, a significant increase of 153.69% compared to ¥107,234,430.61 in the same period of 2023[7] - Investment income showed a loss of ¥1,290,503.42, a decline of 100.99% from a profit of ¥130,575,646.23 in the previous year[7] - The company reported a decrease in investment income, with losses of CNY 1.29 million compared to gains of CNY 130.6 million in the previous year[16] - The company experienced a decrease in financial expenses, with interest expenses at CNY 56.2 million, down from CNY 70.6 million year-over-year[16] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 121,252, with no preferred shareholders recovering voting rights[9] - The largest shareholder, Wuhan Donghu Innovation Technology Investment Co., Ltd., holds 19.00% of the shares, amounting to 191,045,514 shares[10] Strategic Initiatives - The company is focusing on expanding its market presence and investing in new technologies, although detailed figures on these initiatives were not provided in the content[15] - Research and development expenses increased to CNY 536.3 million, representing a 14.1% rise from CNY 469.7 million in the previous year[16] Other Financial Metrics - The company reported a significant increase in short-term borrowings, which rose by 614.43% to ¥421,765,280.70[6] - The accounts receivable increased by 221.32% to ¥530,630,197.89 due to a rise in accepted bills received during the period[6] - Inventory levels rose by 41.92% to ¥2,709,279,842.58 as part of a strategic stockpiling to meet order growth[6] - The company reported a 198.80% increase in asset impairment losses, totaling ¥15,141,627.63, primarily due to higher provisions for inventory and contract assets[7] - The company received a significant increase in non-operating income, which rose by 549.52% to ¥10,905,716.78, mainly due to increased fines received compared to the previous year[7] - The company has increased its collection efforts, resulting in a credit impairment loss of ¥12,663,360.22, a significant improvement from a loss of ¥11,514,546.22 in the same period last year[7] Audit Status - The company’s third-quarter report is unaudited, indicating a need for further financial scrutiny[19]

表决结果：同意 5 票，反对 0 票，弃权 0 票。 本公司及监事会全体成员保证信息披露的内容真实、准确、完 整，没有虚假记载、误导性陈述或重大遗漏。 华工科技产业股份有限公司（以下简称"华工科技"或"公司"）于 2024 年 10 月 17 日以电话及邮件方式向全体监事发出了"关于召开第九届监事会第四次 会议的通知"。本次会议于 2024 年 10 月 23 日以通讯方式召开。会议应出席监 事 5 人，实际收到表决票 5 票。会议的召开符合《公司法》及《公司章程》的规 定。 本次会议由监事长张继广先生主持，经全体监事审议并通讯表决，形成了以 下决议： 证券代码：000988 证券简称：华工科技 公告编号：2024-39 华工科技产业股份有限公司 具体内容详见同日在指定媒体披露的《2024 年第三季度报告》（公告编号： 2024-40）。 一、审议通过《2024 年第三季度报告》 第九届监事会第四次会议决议公告 特此公告 华工科技产业股份有限公司监事会 二〇二四年十月二十五日 1 ...