Investment Rating - The report maintains a "Buy" rating for Tongda Chuangzhi (001368.SZ) [1] Core Views - The company has shown a recovery in sports and outdoor orders, indicating a mid-term growth potential. The revenue for the first half of 2024 reached 470 million RMB, a year-on-year increase of 21%, with a net profit of 62 million RMB, up 13% year-on-year. The second quarter of 2024 saw revenue of 229 million RMB, a 28% increase year-on-year, and a net profit of 30 million RMB, also up 28% year-on-year, aligning with expectations [1][3] - The company plans to distribute cash dividends in the third quarter of 2024, amounting to no more than 90% of the net profit attributable to shareholders [1] Revenue and Profit Analysis - The revenue growth rates for Q1 and Q2 of 2024 were 14.4% and 27.9%, respectively, indicating a sequential recovery trend. By product category, sports and outdoor, home living, and health care generated revenues of 22 million, 21 million, and 2.7 million RMB, with year-on-year growth of 38%, 1%, and 82.8%, respectively. This growth is attributed to the steady recovery of major clients such as Decathlon and IKEA, as well as the introduction of new products and clients [1] - The gross margin for the first half of 2024 was 28.7%, a slight increase of 0.3 percentage points. The gross margins for sports and outdoor and home living were 33.1% and 25.1%, respectively [1] Business Expansion and Market Position - The company is expanding its product categories, which opens up incremental growth opportunities. Its Southeast Asia layout is considered industry-leading. As a quality outdoor and home goods OEM platform, the company has strong partnerships with global leaders like Decathlon and IKEA, enhancing its "product design + smart manufacturing" system [1] - The company is expected to achieve stable and high-quality growth in the mid-term, driven by its ability to assist clients in growth through product stability and personalized service capabilities [1] Profit Forecast and Valuation - The forecast for net profit attributable to shareholders for 2024-2026 is 132 million, 160 million, and 202 million RMB, representing year-on-year growth of 30.4%, 21.4%, and 26.1%, respectively. The current stock price corresponds to a PE ratio of 15, 12, and 10 times for 2024-2026 [1][3]

Financial Performance - The company reported a revenue of 500 million RMB for the first half of 2024, representing a 15% increase compared to the same period in 2023[2]. - The company has set a revenue guidance of 1.2 billion RMB for the full year 2024, indicating a projected growth of 10% year-over-year[2]. - The company's operating revenue for the reporting period was ¥465,876,575.22, representing a 20.68% increase compared to ¥386,052,560.47 in the same period last year[11]. - The net profit attributable to shareholders was ¥62,467,740.87, up 13.35% from ¥55,110,883.10 year-on-year[11]. - The net cash flow from operating activities reached ¥72,601,746.53, reflecting a 24.17% increase from ¥58,471,845.99 in the previous year[11]. - The total comprehensive income for the first half of 2024 was ¥61,575,793.04, compared to ¥55,190,528.22 in the same period of 2023, indicating an increase of 11.67%[126]. - The basic earnings per share for the first half of 2024 was ¥0.55, slightly down from ¥0.56 in the first half of 2023[126]. - The company reported a profit distribution of -22,400,000 RMB for the period[144]. User Growth and Market Expansion - User data showed a growth of 20% in active users, reaching 1.2 million by the end of June 2024[2]. - The company is expanding its market presence in Southeast Asia, targeting a 30% increase in market share by the end of 2025[2]. - The company aims to deepen cooperation with existing clients while actively developing new clients in various segments[15]. - The company aims to expand its customer base in sports outdoor, home living, and health care sectors, with ongoing collaborations with major global brands[28]. Product Development and Innovation - New product launches in the health tech sector contributed to a 25% increase in sales volume during the reporting period[2]. - Research and development expenses increased by 18%, focusing on innovative technologies in smart home products[2]. - The company has invested significantly in technology and R&D, forming a specialized team to enhance product design and development capabilities[29]. - The company has achieved CNAS national laboratory certification, enabling it to provide rigorous product validation services[29]. - The company has successfully integrated multiple advanced injection molding processes, enhancing production efficiency and product quality[29]. Financial Management and Investments - The company has no plans to distribute cash dividends or issue bonus shares for the current fiscal year[1]. - The company has established a comprehensive supplier management system to ensure the stability and quality of raw material supply[21]. - The company reported a total of RMB 274.41 million in related party transactions during the reporting period, with a maximum expected amount of RMB 6 million for the year[84]. - The company has engaged in entrusted financial management with a total amount of 50,900 million, with an outstanding balance of 33,400 million[98]. - The total amount of raised funds committed to investment projects is CNY 624,008,500, with an adjusted total investment of CNY 474,749,800[44]. Risk Management - Risk management strategies have been implemented to mitigate potential impacts from market fluctuations and supply chain disruptions[1]. - The company faces risks from potential adjustments to the VAT export rebate policy, which currently stands at 13% for its main products[59]. - Rising labor costs pose a risk to the company's profit levels, prompting it to improve production automation and expand production scale to mitigate these effects[63]. - The company plans to mitigate foreign exchange risks by establishing a pricing adjustment mechanism with major clients and considering foreign exchange hedging transactions with qualified financial institutions[58]. Corporate Governance and Compliance - The company has established effective communication channels with investors, ensuring timely and accurate information disclosure[75]. - The company has not reported any violations or penalties during the reporting period, reflecting compliance with regulations[83]. - The company has signed labor contracts with all employees and provided comprehensive training programs to enhance employee skills[76]. - The company has maintained a safety-first approach, conducting regular safety training and emergency drills to enhance employee awareness[78]. Strategic Partnerships - The company has established long-term strategic partnerships with global leaders such as Decathlon and IKEA, enhancing its market position[15]. - The company has established long-term strategic partnerships with leading multinational enterprises such as Decathlon, IKEA, Wagner, and YETI, utilizing JDM, ODM, and OEM business models to align production with client strategies[20]. Financial Position and Assets - The total assets at the end of the reporting period amounted to ¥1,700,865,017.81, a 2.05% increase from ¥1,666,661,181.59 at the end of the previous year[11]. - The company's total current assets decreased from CNY 1,053,343,613.31 to CNY 965,856,199.26, reflecting a decline of approximately 8.3%[118]. - The company's total liabilities increased from CNY 258,872,376.00 to CNY 316,612,648.05, representing a rise of approximately 22.3%[120]. - The total equity attributable to the parent company decreased from CNY 1,407,788,805.59 to CNY 1,384,252,369.76, a decline of about 1.7%[120]. Environmental and Social Responsibility - The company is committed to reducing carbon emissions by utilizing renewable energy and has established solar power systems in Xiamen and Shishi[72]. - The company has obtained ISO50001 energy management and ISO14001 environmental management certifications, promoting energy conservation and environmental protection[72]. - The company emphasizes social responsibility and aims to harmonize economic benefits with social development[73]. Shareholder and Stock Management - The company has issued 1,867,600 new shares, increasing the total shares to 113,867,600[100]. - The company’s stockholders had 25% of their locked shares released during the reporting period[103]. - The company’s incentive plan was approved by the shareholders on January 4, 2024, allowing for the issuance of restricted stocks to eligible targets[105]. - The total number of common shareholders at the end of the reporting period was 12,792, with significant shareholders including Tongda Modern Home (Hong Kong) Limited holding 35.04% and Tongda (Xiamen) Technology Investment Limited holding 31.35%[107].

根据《上市公司监管指引第 2 号——上市公司募集资金管理和使用的监管要 求》《深圳证券交易所上市公司自律监管指引第 1 号——主板上市公司规范运作》 及相关格式指引的规定，通达创智（厦门）股份有限公司（以下简称"公司"或"本 公司"）2024 年半年度募集资金存放与使用情况报告如下： 一、募集资金基本情况 证券代码：001368 证券简称：通达创智 公告编号：2024-039 通达创智（厦门）股份有限公司 2024 年半年度募集资金存放与使用情况的专项报告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 （一）实际募集资金金额、资金到位时间 经中国证券监督管理委员会《关于核准通达创智（厦门）股份有限公司首次 公开发行股票的批复》（证监许可〔2023〕7 号）核准，并经深圳证券交易所同 意，公司向社会公众公开发行人民币普通股（A 股）股票 2,800 万股，每股发行 价格为 25.13 元，募集资金总额为人民币 70,364.00 万元，扣除各类发行费用之 后实际募集资金净额为人民币 62,400.85 万元。大华会计师事务所（特殊普通合 伙）已于 2023 年 ...

通达创智（厦门）股份有限公司 重大信息内部报告制度 通达创智（厦门）股份有限公司 重大信息内部报告制度 第一章 总则 第一条 为规范通达创智（厦门）股份有限公司（以下简称"公司"或"本公司"） 重大信息内部报告工作，保证公司内部重大信息的快速传递、归集和有效管理， 确保信息披露的及时、真实、准确、完整，维护公司及投资者合法权益，根据《公 司法》《证券法》《上市公司信息披露管理办法》《深圳证券交易所股票上市规则》 《深圳证券交易所上市公司自律监管指引第 1 号——主板上市公司规范运作》及 《公司章程》等有关规定，结合公司实际，特制定本制度。 第二条 重大信息内部报告制度是指当出现、发生或即将发生可能对公司股 票及其衍生品种的交易价格产生较大影响的情形或者事件时，按照本制度规定负 有报告义务的单位、部门、人员（以下简称"信息报告义务人"）应当在第一时间 向董事长和董事会秘书报告的制度。 第三条 本制度所称信息报告义务人包括： （六）公司重大事件的其他知情者和其他可能接触重大信息的相关人员。 第四条 董事会秘书是重大信息内部报告工作的负责人，负责公司重大信息 的管理及对外信息披露的具体协调工作。证券部为重大信息管理 ...

通达创智（厦门）股份有限公司 信息披露管理制度 通达创智（厦门）股份有限公司 信息披露管理制度 第一章 总 则 第一条 为促进通达创智（厦门）股份有限公司（以下简称"公司"或"本 公司"）的规范运作和健康发展，进一步规范公司信息披露行为，保证公司依法 运作，根据《中华人民共和国公司法》(以下简称"《公司法》")、《中华人民 共和国证券法》(以下简称"《证券法》")、《上市公司信息披露管理办法》《深 圳证券交易所股票上市规则》《深圳证券交易所上市公司自律监管指引第 1 号— —主板上市公司规范运作》以及《公司章程》等有关规定，结合公司实际情况， 制定本制度。 第二条 本制度所称"信息"是指所有能对公司证券及其衍生品种交易 价格产生较大影响而投资者尚未得知的信息，以及相关法律、法规规定和证券监 管部门要求披露的信息。除依法需要披露的信息之外，信息披露义务人可以自愿 披露与投资者作出价值判断和投资决策有关的信息，但不得与依法披露的信息相 冲突，不得误导投资者，并遵守自愿披露的相关监管要求。 公司在证券交易所发行公司债券、在银行间债券市场发行债务融资工具涉及 信息披露的相关内部规范，由董事会授权公司经营管理层另行制定 ...

国金证券股份有限公司 关于通达创智（厦门）股份有限公司 开展外汇套期保值业务的核查意见 国金证券股份有限公司（以下简称"国金证券"或"保荐机构"）作为通达创 智（厦门）股份有限公司（以下简称"通达创智"或"公司"）首次公开发行股票 并上市的保荐机构，根据《证券发行上市保荐业务管理办法》《深圳证券交易所 股票上市规则》等有关法律法规的要求，对通达创智开展外汇套期保值业务事项 进行了核查，并出具核查意见如下： 一、开展外汇套期保值业务情况概述 1、开展外汇套期保值的目的 当前，公司出口业务占营业收入占比较高，并主要以人民币进行结算，美元 结算占比相对较低，但仍占一定比例。为了进一步有效规避外汇市场的风险，更 好地预防汇率出现较大波动时对公司经营业绩造成的不利影响，公司及控股子公 司拟与具有外汇套期保值交易业务经营资格的银行等金融机构开展外汇套期保 值业务。 公司及控股子公司不进行单纯以盈利为目的的外汇交易，所有外汇交易行为 均以正常生产经营为基础，以具体经营业务为依托，以规避和防范汇率风险为目 的，不进行投机和套利交易，不影响公司正常生产经营。公司及控股子公司从事 外汇套期保值业务主要目的是充分利用外汇工具的套期 ...

通达创智（厦门）股份有限公司 关于开展外汇套期保值业务的可行性分析报告 公司及控股子公司不进行单纯以盈利为目的的外汇交易，所有外汇交易行 为均以正常生产经营为基础，以具体经营业务为依托，以规避和防范汇率风险 为目的，不进行投机和套利交易，不影响公司正常生产经营。公司及控股子公 司从事外汇套期保值业务主要目的是充分利用外汇工具的套期保值功能，降低 汇率波动对公司的影响，使公司专注于生产经营。 二、外汇套期保值业务概述 1、开展外汇套期保值的金额 公司及控股子公司使用额度不超过4,000万元人民币或等值外币（任一交 易日最高合约价值）的自有资金开展外汇套期保值业务，上述额度在授权期 限内可循环滚动使用。授权期限内任一时点的交易金额（含前述投资的收益 进行再投资的相关金额）不超过审议额度。公司及控股子公司开展外汇套期 保值业务的保证金，在授权期限内任一时点不超过300万人民币或等值外币。 2、具体交易方式 公司及控股子公司的外汇套期保值业务只限于从事与公司生产经营所使用 的主要结算货币相同的币种，主要外币币种有美元等。外汇套期保值业务品种 包括远期结售汇、外汇掉期、外汇互换、外汇期货、外汇期权业务及其他外汇 衍生产 ...

通达创智（厦门）股份有限公司 监事会议事规则 通达创智（厦门）股份有限公司 监事会议事规则 第一章 总则 第一条 为规范通达创智（厦门）股份有限公司（以下简称"公司")监事会 及其成员的工作，维护公司、公司股东的合法权益，保证公司经营活动规范、高 效运作，依据《中华人民共和国公司法》（以下简称《公司法》)及其他相关法律、 法规和《通达创智（厦门）股份有限公司章程》（以下简称《公司章程》)的有关 规定，制定本规则。 第二条 监事会是公司依法设立的监督机构，对股东会负责并报告工作， 对公司财务以及公司董事、总经理和其他高级管理人员履行职责的合法性进行监 督，维护公司及股东的合法权益。 监事有了解公司经营情况的权利，并承担相应的保密义务。 第 1 页 共 5 页 通达创智（厦门）股份有限公司 监事会议事规则 第三条 监事会会议应当有 1/2 以上的监事出席方可举行。监事会会议由 监事会召集人负责召集和主持。会议由监事本人出席或书面委托其他监事代为出 席。 （一）召集和主持监事会会议； 第二章 监事会的组成和职权 第四条 公司监事会由 3 名监事组成，包括 2 名股东代表监事和 1 名职工 代表监事。设监事会主席 1 ...

通达创智（厦门）股份有限公司 董事、监事和高级管理人员所持公司股份及其变动管理制度 第三条 公司董事、监事和高级管理人员在买卖公司股票及其衍生品种前，应 知悉《公司法》《证券法》等法律、法规、规范性文件关于内幕交易、操纵市场 等禁止行为的规定，不得进行违法违规的交易。 第四条 公司董事、监事和高级管理人员在买卖公司股票及其衍生品种前，应 当将其买卖计划以书面方式通知董事会秘书，董事会秘书应当核查上市公司信息 披露及重大事项等进展情况，如该买卖行为可能存在不当情形，董事会秘书应当 及时书面通知拟进行买卖的董事、监事和高级管理人员，并提示相关风险。 第二章 股份变动的一般规定 第五条 公司董事、监事和高级管理人员所持有公司股份在下列情形下不得 转让： （一）公司股票上市交易之日起 1 年内； 通达创智（厦门）股份有限公司 董事、监事和高级管理人员所持公司股份及其变动管理制度 第一章 总则 第一条 为加强对通达创智（厦门）股份有限公司（以下简称"公司"）董事、 监事和高级管理人员所持公司股份及其变动的管理，根据《公司法》《证券法》、 中国证券监督管理委员会发布的《上市公司董事、监事和高级管理人员所持本公 司股份及其 ...

证券代码：001368 证券简称：通达创智 公告编号：2024-041 通达创智（厦门）股份有限公司 关于提议 2024 年第三季度进行中期现金分红的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 通达创智（厦门）股份有限公司（以下简称"公司"或"通达创智"） 于 2024 年 8 月 28 日召开第二届董事会第十次会议审议通过了《关于提议 2024 年第三季 度进行中期现金分红的议案》，具体情况如下： 一、提议主要内容 为了响应《国务院关于加强监管防范风险推动资本市场高质量发展的若干意 见》（国发〔2024〕10 号）、《上市公司监管指引第 3 号——上市公司现金分红 （2023 年修订）》、《上市公司章程指引（2023 年修订）》、《深圳证券交易所上市 公司自律监管指引第 1 号——主板上市公司规范运作》（2023 年 12 月修订）、《深 圳证券交易所上市规则》（2024年修订）、《关于加强上市公司监管的意见（试行）》 等文件关于鼓励上市公司中期现金分红，"增强分红稳定性、持续性和可预期性， 推动一年多次分红、预分红、春节前分红"，"公司应当综合考 ...