深圳顺络电子股份有限公司 关于董事长部分股份质押的公告 本公司及董事会全体成员保证公告内容真实、准确和完整，没有虚假记载、 误导性陈述或重大遗漏。 深圳顺络电子股份有限公司（以下简称"公司"）于近日接到公司董事长袁 金钰先生通知，获悉袁金钰先生将持有本公司部分股份办理了质押业务，现将 有关事项公告如下： | 一、 股东股份质押的基本情况 | | --- | 股票代码：002138 股票简称：顺络电子 编号：2024-062 注 1：因存在场外质押的托管单元中，托管股份情况性质无法区分，上述表中"已质押股份限售和冻结、 标记数量"中的限售部分为场内质押高管锁定股数量，"未质押股份限售和冻结数量"为除存在因场外质押导 1 致无法区分股份性质的托管单元以外的其他托管单元之高管锁定股。 注 2：上述持股比例按四舍五入处理，可能导致部分合计数与各分项之和存在尾数不符的情况。 三、备查文件 特此公告。 | | 是否为控 股股东或 | 本次质押 | | | 是否为限 售股（如 | 是否 | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- ...

迁泰将投告 順序老子 (002138 CH) 1H24 利润特合预期, 新兴领取开拓建 人顾利 부휴坏充中视点评 2024 年７月 31 日 | 中国内地も予无什 1H24 伊本冲剁润祥合贡备区间，毛利辛两比亚菲装升 原格也子发布中报，1H24 容收 26.91 亿，同增 15.43%；归非冷利润 3.68 亿，同指 43.82%，符合业绩预告区间：标标 3.48 亿，同指 49.53%。2Q24 半季度容狀 14.32 亿，归草净利润 1.98 亿，改长于预금中值 (2.01 亿)。 2024 上半年，公司在通讯及消费电子业务保持 2H23 强劲券失，高端新品 乎入，份颍持续拨升：查汽车、无储和婺据中心等新兴领域老实现铁递增长： 同时尚搞化也靠未毛利率同比並落提升。展望下半年，随着消费屯子新品条 货总份，至か LTCC、一体成型屯感链续予入安卓大客户以及汽车屯子产品 乎入自内客户，有望驱动 Q3 业绩环比增长。维持 24/25/26 年 EPS 预测 1.11/1.36/1.66 え，考虑新兴业务连多改革，给予 32x 24 年 PE（可比公司 均值 31.4x）, 给予日标价 35.5 元（前值：33.3 ...

公司近一年市场表现 市场数据：2024 年 7 月 30 日 收盘价（元）： 26.03 年内最高/最低（元）： 30.73/21.06 流通A股/总股本（亿）： 7.56/8.06 流通 A 股市值（亿）： 196.91 总市值（亿）： 209.88 基础数据：2024 年 6 月 30 日 基本每股收益(元)： 0.47 摊薄每股收益(元)： 0.47 每股净资产(元)： 8.09 净资产收益率(%)： 6.45 资料来源：最闻 高宇洋 执业登记编码：S0760523050002 邮箱：gaoyuyang@sxzq.com 傅盛盛 执业登记编码：S0760523110003 邮箱：fushengsheng@sxzq.com 2024 年 7 月 31 日 公司研究/公司快报 事件 近日，公司发布 2024 年半年报。2024H1，顺络电子实现营业收入 26.91 亿元，同比+15.43%；实现归母净利润 3.68 亿元，同比+43.82%；扣非净利 润 3.48 亿元，同比增长 49.53%。 点评 2024Q2 收入创新高，毛利率保持稳定。2024Q2 公司实现营收 14.32 亿 元，同比增长 9.6 ...

Investment Rating - The investment rating for the company is "Buy" (maintained) with a market price of 26.03 CNY per share [1][12]. Core Insights - The company reported a revenue of 2.691 billion CNY for the first half of 2024, representing a year-over-year increase of 15.43%. The net profit attributable to the parent company was 368 million CNY, up 43.82% year-over-year [5]. - The second quarter of 2024 saw revenue reach 1.432 billion CNY, marking a year-over-year increase of 9.6% and a quarter-over-quarter increase of 13.78%. The net profit for this quarter was 198 million CNY, up 12.84% year-over-year [5]. - The company is benefiting from strong growth in its communications and consumer electronics businesses, as well as from new product introductions in the automotive electronics sector [5][6]. Summary by Sections Financial Performance - Total shares outstanding: 806 million - Circulating shares: 756 million - Market capitalization: 20,988 million CNY - Circulating market capitalization: 19,691 million CNY [2]. Revenue and Profit Forecast - The company expects revenues to grow from 5.04 billion CNY in 2023 to 6.194 billion CNY in 2024, with a projected net profit of 873 million CNY for 2024 [7]. - The projected net profit for 2025 and 2026 is 1.117 billion CNY and 1.4 billion CNY, respectively [7]. Business Growth Drivers - The company is positioned to benefit from the increasing demand for power inductors in AI applications, automotive electronics, and photovoltaic energy storage [6]. - The automotive electronics segment has seen significant growth due to the company's early investments in electric and intelligent vehicle applications, covering major global automotive clients [6]. - Emerging markets such as data centers and photovoltaic storage are also contributing to the company's growth, with new product developments and market expansions planned [6].

电子/元件 顺络电子（002138.SZ） 2024 年 07 月 31 日 2024Q2 业绩同环比双增，新兴领域业务进展顺利 ——公司信息更新报告 投资评级：买入（维持） 罗通（分析师） 刘天文（分析师） luotong@kysec.cn 证书编号：S0790522070002 liutianwen@kysec.cn 证书编号：S0790523110001 | --- | --- | |--------------------|-------------| | 日期 | 2024/7/31 | | 当前股价(元) | 26.50 | | 一年最高最低(元) | 30.73/21.06 | | 总市值(亿元) | 213.67 | | 流通市值(亿元) | 200.47 | | 总股本(亿股) | 8.06 | | 流通股本(亿股) | 7.56 | | 近 3 个月换手率(%) | 117.62 | 股价走势图 顺络电子 沪深300 -30% -20% -10% 0% 10% 20% 2023-07 2023-11 2024-03 2024-07 数据来源：聚源 相关研究报告 《2024Q2 业绩同环比双 ...

Investment Rating - The investment rating for the company is "Buy" (maintained) [2][5] Core Views - The company reported a year-on-year revenue increase of 15.43% to 2.691 billion yuan in H1 2024, with a net profit growth of 43.82% to 368 million yuan [5] - The growth in profit is attributed to an optimized customer structure in the communications business, rapid growth in the automotive electronics sector, and strong performance in emerging markets such as data centers and photovoltaic energy storage [5][6] - The company is expected to maintain a positive outlook for its passive component business, with projected net profits of 947 million, 1.188 billion, and 1.404 billion yuan for 2024, 2025, and 2026 respectively [5] Financial Performance Summary - H1 2024 revenue: 2.691 billion yuan, up 15.43% YoY - H1 2024 net profit: 368 million yuan, up 43.82% YoY - Q2 2024 revenue: 1.432 billion yuan, up 9.60% YoY and 13.78% QoQ - Q2 2024 net profit: 198 million yuan, up 12.84% YoY and 16.27% QoQ - Gross margin for H1 2024: 36.96%, up 3.09 percentage points YoY [5][6] Emerging Business Areas - The automotive electronics sector achieved revenue of 464 million yuan in H1 2024, a significant increase of 90.31% YoY, with the company covering top global automotive and new energy vehicle clients [6] - The company is expanding its applications in photovoltaic energy storage and has received recognition from industry leaders [6] - The AI and data center applications are also showing promising growth, particularly in high-power density characteristics of copper magnetic co-fired inductors [6] Financial Projections - Projected revenues for 2024-2026: 6.143 billion, 7.427 billion, and 8.758 billion yuan respectively - Projected net profits for 2024-2026: 947 million, 1.188 billion, and 1.404 billion yuan respectively - Expected P/E ratios for 2024-2026: 22.6, 18.0, and 15.2 times respectively [7][8]

Financial Performance - In Q2 2024, the company achieved a record revenue of RMB 1.432 billion, marking the first time quarterly revenue surpassed RMB 1.4 billion[2]. - The company's operating revenue for the reporting period was approximately ¥2.69 billion, representing a year-on-year increase of 15.43% compared to ¥2.33 billion in the same period last year[21]. - Net profit attributable to shareholders was approximately ¥368 million, reflecting a significant increase of 43.82% from ¥256 million in the previous year[21]. - The basic earnings per share rose to ¥0.47, up 46.88% from ¥0.32 in the previous year[21]. - The gross profit margin for Q2 2024 was 36.98%, slightly up from 36.95% in Q1 2024[49]. - The net profit attributable to shareholders in Q2 2024 was RMB 197.84 million, representing a year-on-year increase of 12.84% and a quarter-on-quarter increase of 16.27%[49]. - In the first half of 2024, the company reported sales revenue of RMB 2,691 million, a 15.43% increase compared to the same period last year, and a net profit of RMB 368 million, up 43.82% year-on-year[51]. - The company’s sales gross profit for the first half of 2024 was RMB 995 million, reflecting a year-on-year growth of 25.96%[52]. Market Expansion and Strategy - The company has experienced rapid growth in emerging strategic markets such as automotive electronics and data centers, continuing the growth trend from the second half of 2023[2]. - The company aims to expand its market share in existing markets while exploring new growth opportunities in sectors like photovoltaic energy storage[4]. - The company is actively expanding its product lines in high-end consumer electronics, automotive electronics, and data centers, addressing market demands with innovative solutions[32]. - The company has established a comprehensive coverage of top-tier automotive electronics and new energy vehicle clients, enhancing its competitive edge in the market[56]. - The company plans to accelerate the development of new products and expand the application of high-frequency transformers and magnetic inductors in secondary power sources[58]. - The advent of AI technology presents new market opportunities for the company, enhancing the intelligence level of electronic products[59]. Research and Development - The company plans to focus on sustainable development by increasing R&D investment and maintaining a leading position in foundational technology research[7]. - Research and development expenses rose to ¥223,961,184.77, a 19.91% increase from ¥186,775,964.74, primarily due to higher personnel costs and material expenses for R&D projects[60]. - The company has established a comprehensive technology platform focusing on materials, processes, and design, which supports sustainable development and innovation[26][30]. - New product development is ongoing, with a focus on AI applications to capture emerging market opportunities in the communications and consumer electronics sectors[78]. Financial Management and Investments - The company has not declared any cash dividends or stock bonuses for the reporting period, indicating a focus on reinvestment[9]. - The company reported a total of ¥20 million in non-recurring gains, primarily from government subsidies, after accounting for taxes and minority interests[24]. - The company has invested in LTCC technology since 2010, successfully developing various LTCC products for applications in mobile phones, base stations, and automotive electronics[39]. - The company has a joint liability guarantee of RMB 70 million for Guiyang Shunluo Xunda Electronics Co., Ltd, effective from July 29, 2022[112]. - The company plans to repurchase shares with a budget of no less than RMB 100 million and no more than RMB 150 million, with a repurchase period of 12 months[117]. Environmental Responsibility - The company holds an environmental discharge permit valid from April 28, 2024, to April 27, 2029[90]. - The company has implemented pollution discharge standards, with total emissions of non-methane total hydrocarbons not exceeding 5.42 tons, with no exceedance reported[91]. - The company achieved zero wastewater discharge, processing wastewater to meet standards for reuse[93]. - The company has invested in environmental protection facilities, resulting in a 50% reduction in emissions from certain discharge points[94]. - The company installed online monitoring equipment for wastewater and hazardous waste, connected to local environmental monitoring platforms[98]. Corporate Governance and Accountability - The board of directors has confirmed the accuracy and completeness of the financial report, ensuring accountability for the information presented[9]. - The company ensures timely information disclosure to protect the rights of shareholders, especially minority shareholders[99]. - The annual shareholders' meeting had a participation rate of 31.90% and no resolutions were rejected[80]. - The company has established an incentive mechanism to attract and stabilize key personnel, linking shareholder interests with long-term company growth[89]. Risks and Challenges - The company acknowledges potential uncertainties in business development due to geopolitical risks, demand fluctuations, and rising commodity prices[9]. - The company faces risks from a slowdown in demand in the communications and consumer electronics sectors, which may adversely affect its business performance[77]. - The company has implemented measures to address rising energy and commodity prices by optimizing supply chain arrangements and inventory management[78]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 36,870, with significant shareholders including Hong Kong Central Clearing Limited holding 9.35%[127]. - The company has seen a significant reduction in restricted shares, decreasing from 63,184,782 shares (7.84%) to 49,833,357 shares (6.18%)[123]. - The company’s repurchase account held 18,356,180 shares, representing 2.28% of the currently issued total share capital[130]. - Major shareholders include New Yu City Hengshun Electronics Technology Development Co., Ltd. with a 6.88% stake and Yuan Jinyu with a 6.64% stake[127]. Legal Matters - The company is involved in several ongoing litigation cases, including a claim for RMB 5,297,032.74 and interest against Shenzhen Lingtai Communication Technology Co., Ltd.[104]. - The company is pursuing a claim against LeEco Mobile for USD 995,868.8 in unpaid invoices and overdue interest[104]. - The company reported a total of 400,000 RMB in receivables from a legal judgment against several companies, with an interest rate of 3.45% applicable from October 10, 2023[105].

深圳顺络电子股份有限公司 监事会关于相关事项的审核意见 1 本页为《监事会对相关事项发表的审核意见》的签字页 全体监事签字： | | | 二〇二四年七月二十九日 2 一、关于2024年半年度报告及其摘要的审核意见 根据《深圳证券交易所股票上市规则》、《公司章程》等法规文件要求， 监事会全体成员就公司 2024 年半年度报告发表专项审核意见如下： 经审核，监事会认为：董事会编制和审核深圳顺络电子股份有限公司《关 于公司<2024 年半年度报告>和<2024 年半年度报告摘要>的议案》的程序符合法 律、行政法规和中国证监会的规定，报告内容真实、准确、完整地反映了上市 公司的实际情况，不存在任何虚假记载、误导性陈述或者重大遗漏。 （以下无正文） ...

股票代码：002138 股票简称：顺络电子 编号：2024-061 深圳顺络电子股份有限公司 第七届监事会第六次会议决议公告 本公司及监事会全体成员保证公告内容的真实、准确和完整，对公告的虚假记 载、误导性陈述或者重大遗漏负连带责任。 深圳顺络电子股份有限公司（以下简称："公司"）监事会于 2024 年 7 月 19 日 以电话、传真或电子邮件等方式发出了召开公司第七届监事会第六次会议的通知， 并于 2024 年 7 月 29 日下午 15:00 以现场结合通讯方式召开。会议由公司监事会主 席胡国城先生召集和主持。会议应到监事 3 人，实到监事 3 人（其中，监事胡国城 先生以通讯方式参会）。本次会议的召集和召开符合《中华人民共和国公司法》等法 律、行政法规、规范性文件和《公司章程》的有关规定，合法有效。 会议审议通过了以下议案： 监 事 会 二〇二四年七月三十一日 2 经审核，监事会认为：董事会编制和审核深圳顺络电子股份有限公司《关于公 司<2024 年半年度报告>和<2024 年半年度报告摘要>的议案》的程序符合法律、行政 法规和中国证监会的规定，报告内容真实、准确、完整地反映了上市公司的实际情 况，不存 ...

第七届董事会第八次会议决议公告 本公司及董事会全体成员保证公告内容真实、准确和完整，没有虚假记载、 误导性陈述或重大遗漏。 深圳顺络电子股份有限公司（以下简称"公司"）第七届董事会第八次会议 （以下简称"本次会议"）通知于 2024 年 7 月 19 日以电话、传真方式或电子邮 件形式送达。会议于 2024 年 7 月 29 日下午 14:00 以现场结合通讯方式召开，其 中现场会议在公司 D 栋五楼会议室召开。会议由董事长袁金钰先生主持，应出席 会议董事 9 名，实际出席会议董事 9 名（其中，独立董事古群女士、李潇先生、 王天广先生、路晓燕女士、王展先生以通讯方式参与本次会议表决），全体监事 及高管参加了本次会议。 股票代码：002138 股票简称：顺络电子 编号：2024-060 深圳顺络电子股份有限公司 特此公告。 1 深圳顺络电子股份有限公司 董 事 会 二〇二四年七月三十一日 2 本次会议的召集和召开符合《公司法》和《公司章程》的有关规定。经过与 会董事认真审议，会议以记名投票表决的方式通过了如下决议： 一、审议通过了《关于公司<2024 年半年度报告>和<2024 年半年度报告摘 要>的议案》 ...