Key Points Summary Industry/Company Involved - [1] The content of the memo pertains to a specific industry and company, although the name is not explicitly mentioned. Core Views and Arguments - [2] The memo highlights the company's efforts to increase its market share. - [3] The primary focus is on the company's operating data to support the argument. Other Important Content - [4] The memo does not provide specific details about the industry or company, such as the name, sector, or geographical focus. - [5] The memo does not mention any financial figures or performance metrics. - [6] The memo does not discuss any potential risks or challenges faced by the company or industry.

深圳拓邦股份有限公司 法定代表人： 主管会计工作的负责人： 会计机构负责人： 注：以上数值均保留两位小数，若出现总数与各分项数值之和尾数不符的情况，均为四舍五入原因造成。 3 1 | | | | | | 2024 年上 | 2024 年 上半年 | 2024 年 | 2024 年 6 | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 其它关联资金 | | 往来方与上 | 上市公司核 | 年期 2024 | 半年往来 | 往来资 | 上半年偿 | 月 日 30 | 往来形 | （经营性往 | | 往来 | | 市公司的关 | 算的会计科 | 初往来资金 | 累计发生 | 金的利 | 还累计发 | 往来资金 | 成原因 | 来、非经营性 | | | | 联关系 | 目 | 余额 | 金额（不 | | | | | 往来） | | | | | | | 含利息） | 息（如 | 生金额 | 余额 | | | | | | | | | | 有） | | | | | | 控股股东、实 | 不适用 | 不适用 | 不适用 | ...

证券代码：002139 证券简称：拓邦股份 公告编号：2024046 深圳拓邦股份有限公司 关于 2024 年半年度募集资金存放与实际使用情况公告 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 该次募集资金已于 2019 年 3 月 13 日全部到位，瑞华会计师事务所（特殊普 通合伙）对其到位情况进行了审验，并出具了"瑞华验字[2019]48270001 号"《验 资报告》。 （2）2021 年非公开发行股票募集资金 经中国证券监督管理委员会《关于核准深圳拓邦股份有限公司非公开发行股 1 证券代码：002139 票的批复》（证监许可[2020]1865 号）的核准，公司向特定对象非公开发行人民 币普通股 92,105,263 股，面值为每股人民币 1 元，发行价格为每股人民币 11.40 元，募集资金总额为人民 1,049,999,998.20 元，扣除与发行有关的费用人民币 13,152,929.49 元（不含税金额），实际可使用募集资金净额为人民币 1,036,847,068.71 元。 根据中国证监会发布的《上市公司监管指引第 2 号——上市公司募集资 ...

证券代码：002139 证券简称：拓邦股份 公告编号：2024044 深圳拓邦股份有限公司 第八届监事会第八次会议决议公告 一、审议通过了《关于<2024年半年度报告及摘要>的议案》 表决结果：同意3票，反对0票，弃权0票。 特此公告。 深圳拓邦股份有限公司监事会 本公司及监事会全体成员保证信息披露的内容真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 深圳拓邦股份有限公司（以下简称"公司"）第八届监事会第八次会议于2024 年7月29日下午15:00以现场、通讯相结合的方式召开。召开本次会议的通知已于 2024年7月24日以书面、电话、电子邮件等方式通知各位监事。本次会议由监事 会主席戴惠娟女士主持，会议应到监事3名，实到监事3名。会议符合《中华人民 共和国公司法》和《公司章程》的有关规定。会议表决情况如下： 经审核，监事会认为董事会编制和审核公司《2024年半年度报告》及摘要的 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，不 存在任何虚假记载、误导性陈述或者重大遗漏。 表决结果：同意3票，反对0票，弃权0票。 二、审议通过了《关于<2024年半年度募集资金存放与使用情况的专 ...

证券代码：002139 证券简称：拓邦股份 公告编号：2024043 深圳拓邦股份有限公司 第八届董事会第十二次会议决议公告 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。 表决结果：同意7票，反对0票，弃权0票。 《2024年半年度募集资金年度存放与实际使用情况公告》全文详见2024年7 月31日的《证券时报》和巨潮资讯网（http://www.cninfo.com.cn）。 特此公告。 深圳拓邦股份有限公司董事会 2024 年 7 月 31 日 1 深圳拓邦股份有限公司（以下简称"公司"）第八届董事会第十二次会议于 2024年7月29日下午14:30以现场、通讯相结合的方式在公司会议室召开。召开本 次会议的通知已于2024年7月24日以书面、电话、电子邮件等方式通知各位董事。 本次会议由董事长武永强先生主持，会议应参会的董事7名，实际参会的董事7名。 会议符合《中华人民共和国公司法》和《公司章程》的有关规定。会议表决情况 如下： 一、审议通过了《关于<2024年半年度报告>及摘要的议案》 表决结果：同意7票，反对0票，弃权0票。 《2024年半年度报告摘要 ...

1.3 电池技术 在电池管理系统（BMS）方面，我们的技术实现了行业领先的精确度和可靠性。通过先进的算法 和控制策略，我们的 BMS 能够实现对电池状态的实时监控和管理，确保电池系统的最优性能和安全运 行。这一领域的技术创新，使我们在为储能系统、备电、换电、便携式设备等提供高效、安全的电池解 决方案方面，处于市场领先地位。 1.4 电源技术 的完整技术能力，为多个行业提供了一体化解决方案。 2、公司主要产品：面向"家电、工具、新能源、工业"四大行业提供定制化系统解决方案。 公司的产品主要分类为控制器、电机、电源、电池四大类，公司产品提供的模式是围绕家电、工具、 新能源、工业四大下游行业客户的需求，综合利用"四电一网"核心技术，提供定制化的产品和综合解决 11 公司以技术作为企业发展的基因，将创新视为公司的核心能力。公司拥有业界领先的平台技术创新 能力，形成了完整的技术平台，覆盖智能控制一体化解决方案的各个核心技术领域。 公司坚持长期主义，以价值共创、价值共赢为发展理念，与客户发展长期伙伴式关系。公司以平台 化技术创新能力为支撑，持续洞察客户需求，与客户深度共创，建立组织式客户关系，构建了伙伴式客 户服务能力。 ...

证券代码：002139 证券简称：拓邦股份 深圳拓邦股份有限公司 2024 年 7 月 10 日投资者关系活动记录表 编号：2024009  特定对象调研 分析师会议 投资者关 媒体采访 业绩说明会 系活动类 新闻发布会 路演活动 别 其他： 参与单位 7月 10日：14:30—15:30 名称、时 阳光资产、国寿资产、国盛证券、人保资产、长江养老 间 地点 公司会议室 上市公司 接待人员 证券部：杨桥桥 张裕华 姓名 ...

Investment Rating - The report maintains a "Buy" rating for the company, with expected PE ratios of 19x, 14x, and 11x for 2024, 2025, and 2026 respectively [10] Core Views - The company achieved double-digit growth in both revenue and profit in H1 2024, driven by industry recovery and market share gains in key sectors [1] - The company's overseas expansion strategy is showing results, with overseas revenue accounting for over 50% of total revenue and expected to grow further [7] - AI terminal applications are expected to drive demand growth in the smart controller industry, benefiting the company's strong product capabilities [1] - The company's share buyback program demonstrates confidence in future growth and supports long-term sustainable development [22][23] Financial Performance - Revenue is forecasted to grow from RMB 8,875 million in 2022 to RMB 15,642 million in 2026, with a CAGR of 19.8%-20.7% [6] - Net profit attributable to shareholders is expected to increase from RMB 583 million in 2022 to RMB 1,198 million in 2026, with a CAGR of 28.7%-40.1% [6] - Gross margin is projected to improve from 20.1% in 2022 to 25.1% in 2026 [13] - ROE is forecasted to increase from 10.0% in 2022 to 13.3% in 2026 [6] Business Development - The company has successfully launched new products in the new energy sector, including charging piles, BMS, and PCS, contributing to incremental growth [1] - Overseas markets, particularly in Europe and America, have seen breakthroughs in energy storage business with major customers [7] - The company is focusing on multi-scenario comprehensive energy storage solutions and digital empowerment to accelerate energy transformation [7] Valuation Metrics - The company's P/E ratio is expected to decline from 22.9x in 2022 to 11.2x in 2026 [6] - P/B ratio is projected to decrease from 2.3x in 2022 to 1.5x in 2026 [6] - EV/EBITDA is forecasted to drop from 13.9x in 2022 to 7.4x in 2026 [13] Shareholder Returns - The company has implemented a share buyback program, repurchasing 10,342,300 shares (0.83% of total shares) at an average price of RMB 6.34-9.15 per share [22] - EPS is expected to grow from RMB 0.47 in 2022 to RMB 0.96 in 2026 [6]

Investment Rating - The report indicates a positive outlook for the company, with a projected net profit increase of 40%-60% for the first half of 2024 [41]. Core Insights - The company, Tuobang Co., Ltd., holds a leading position in the smart controller industry with a market share of 77% [2]. - The company has achieved continuous revenue growth for 11 years, with a revenue of 8.99 billion in 2023, reflecting a year-on-year increase of 1.3% [37]. - The first quarter of 2024 showed significant growth, with revenue reaching 2.32 billion, up 16.2% year-on-year, and a net profit of 180 million, up 82.3% year-on-year [37]. - The company has diversified its product offerings, including applications in humanoid robots and low-altitude drones, leveraging its core technologies in electric control, motors, batteries, and power supplies [28][52]. Summary by Sections Company Overview and Performance - Tuobang Co., Ltd. specializes in smart control system solutions, focusing on the development, production, and sales of various customized solutions across multiple industries [28]. - The company has a robust performance in the first quarter of 2024, with a strong order backlog of 170 million [16]. Market Dynamics - The smart controller market in China is projected to reach approximately 3.4 trillion by 2023, with an expected compound annual growth rate of 12.3% over the next five years [48]. - The company has established stable partnerships with various domestic and international brands in the charging pile business, showcasing its competitive edge in core technologies [54]. Recent Developments - The acquisition of Shenzhen Yankong Automation Technology Co., Ltd. has strengthened the company's capabilities in the robotics sector [19]. - The company is actively involved in the development of new products, including high-voltage fast charging technology for electric vehicles [6].

Investment Rating - The report maintains a "Recommended" rating for the company, with a target price of 14.35 CNY based on a 24x PE valuation for 2024 [3][11]. Core Insights - The company is expected to achieve a net profit of 361-413 million CNY in the first half of 2024, representing a year-on-year growth of 40%-60% [11]. - The company has established a comprehensive technology system called "Four Electric One Network" to provide customized smart control solutions across four major sectors: home appliances, tools, new energy, and industrial applications [11]. - The new energy sector is identified as a future growth driver, with the company introducing new products such as PCS and integrated solar storage systems, which are expected to contribute to revenue growth [11]. - The company has a strong overseas production capacity, with over 50% of its revenue coming from international markets, which is anticipated to increase further [11]. Financial Summary - Total revenue is projected to grow from 8,992 million CNY in 2023 to 10,487 million CNY in 2024, reflecting a growth rate of 16.6% [2]. - The net profit is expected to rise from 516 million CNY in 2023 to 745 million CNY in 2024, indicating a growth rate of 44.6% [2]. - Earnings per share (EPS) is forecasted to increase from 0.41 CNY in 2023 to 0.60 CNY in 2024 [2].