证券代码：002179 证券简称：中航光电 公告代码：2024-046 号 中航光电科技股份有限公司 关于变更会计师事务所的公告 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。 特别提示： 1、拟任的会计师事务所：大信会计师事务所（特殊普通合伙）（以下简称"大 信"）。 2、原任的会计师事务所：大华会计师事务所（特殊普通合伙）（以下简称"大 华"）。 3、变更会计师事务所的原因：公司2023年年度股东大会审议通过《关于续聘 会计师事务所的议案》，同意聘任大华为公司及控股子公司2024年度财务审计机 构和内控审计机构。因大华收到中国证监会江苏监管局下发的《行政处罚决定书》 ([2024]1号)，被暂停从事证券服务业务6个月，鉴于上述情况并基于审慎性原则， 综合考虑公司业务发展和未来审计的需要，经研究决定，拟聘请大信为公司2024 年度财务报表和内部控制审计机构。 4、本次变更会计师事务所符合财政部、国务院国资委、证监会印发的《国有 企业、上市公司选聘会计师事务所管理办法》（财会〔2023〕4号）的规定。 中航光电科技股份有限公司（以下简称"公司"或"本公司"）于 ...

本公司及监事会全体成员保证公告内容真实、准确、完整，并对公告中 的虚假记载、误导性陈述或者重大遗漏承担责任。 中航光电科技股份有限公司（以下简称"公司"或"中航光电"）第七 届监事会第十次会议于 2024 年 9 月 13 日在公司十一楼会议室（二）以现场 及视频结合通讯方式召开，会议通知及会议资料已于 2024 年 9 月 9 日以书 面、电子邮件方式送达各位监事。会议应参加表决监事 5 人，实际参加表决 监事 5 人，其中监事吴筠、卢双成以通讯方式表决，部分高级管理人员以视 频方式列席。本次会议的召开和表决程序符合《公司法》《公司章程》等有 关法律法规的规定。 证券代码：002179 证券简称：中航光电 公告代码：2024-041号 中航光电科技股份有限公司 第七届监事会第十次会议决议公告 参会监事共同推举王焕文先生主持本次会议，经与会监事认真审议并投 票表决，以赞成票 5 票、反对票 0 票、弃权票 0 票，审议通过了"关于选举 公司第七届监事会主席的议案"。 经审议，监事会成员一致认为：同意王焕文先生担任公司第七届监事会 主席，任期自本次监事会审议通过之日起至公司第七届监事会届满之日止。 王焕文先生简 ...

证券代码：002179 证券简称：中航光电 公告代码：2024-040号 中航光电科技股份有限公司 2024年第二次临时股东大会决议公告 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。 一、重要提示 （一）本次股东大会未出现否决议案的情况； （二）本次股东大会未涉及变更以往股东大会决议。 二、会议召开和出席情况 （一）会议召开情况 1、召开时间： 现场会议时间：2024 年 9 月 13 日（星期五）上午 10:00 网络投票时间：通过深圳证券交易所交易系统投票的时间为 2024 年 9 月 13 日的交易时间，即 9:15－9:25，9:30－11:30 和 13:00－15:00；通过深圳证券交易 所互联网投票系统投票的时间为 2024 年 9 月 13 日 9:15-15:00。 2、现场会议召开地点：中国（河南）自由贸易试验区洛阳片区浅井南路 6 号中航光电科技股份有限公司 11 楼会议室（一） 3、会议表决方式：现场记名投票与网络投票相结合 本次股东大会采取现场记名投票与网络投票相结合的方式审议通过了如下议案： 1、审议通过"关于补选第七届监事会监事 ...

北京市金杜律师事务所 关于中航光电科技股份有限公司 2024 年第二次临时股东大会之法律意见书 致：中航光电科技股份有限公司 北京市金杜律师事务所（以下简称本所）接受中航光电科技股份有限公司 （以下简称公司）委托，根据《中华人民共和国证券法》（以下简称《证券法》）、 《中华人民共和国公司法》（以下简称《公司法》）、中国证券监督管理委员会《上 市公司股东大会规则（2022 年修订）》（以下简称《股东大会规则》）等中华人 民共和国境内（以下简称中国境内，为本法律意见书之目的，不包括中国香港 特别行政区、中国澳门特别行政区和中国台湾地区）现行有效的法律、行政法 规、规章和规范性文件和现行有效的《中航光电科技股份有限公司章程》（以下 简称《公司章程》）有关规定，指派律师出席了公司于 2024 年 9 月 13 日召开 的公司 2024 年第二次临时股东大会（以下简称本次股东大会），并就本次股东 大会相关事项出具本法律意见书。 为出具本法律意见书，本所律师审查了公司提供的以下文件，包括但不限 于： 1 本所同意将本法律意见书作为本次股东大会的公告材料，随同其他会议文 件一并报送有关机构并公告。除此以外，未经本所同意，本 ...

Group 1: Company Overview and Business Focus - AVIC Optoelectronics specializes in high-end optical, electrical, and fluid connection technologies, providing interconnection solutions for aviation, defense, and high-end manufacturing sectors with over 500 series and 350,000 varieties of products [2] - Key products include electrical connectors, optical devices, cable assemblies, fluid devices, and liquid cooling equipment, widely used in defense, commercial aerospace, telecommunications, data centers, and other high-end manufacturing fields [2] Group 2: Strategic Development and Future Planning - The company is actively pursuing strategic emerging industries and future industries, focusing on low-altitude economy, commercial aviation, satellite internet, data centers, and new energy equipment [3] - Plans to enhance product diversification and accelerate business growth by investing in liquid cooling, microwave components, high-end sensors, and advanced ceramics [3] Group 3: Liquid Cooling Business - AVIC Optoelectronics is one of the early suppliers of comprehensive liquid cooling solutions in China, with a compound annual growth rate exceeding 50% over the past five years [3] - Main products include liquid cooling connectors, pipelines, and systems, applied in supercomputing, data centers, and telecommunications [3] Group 4: Civil Aviation and Low-altitude Economy - The company is committed to supporting domestic large aircraft manufacturing, providing connectors and electronic equipment, with several products certified for airworthiness [4] - Plans to establish a civil aviation and industrial interconnection industrial park to meet future capacity needs [5] Group 5: Financial Performance and Market Outlook - The company experienced a decline in performance in the first half of 2024 due to a slowdown in defense sector orders, but there is a recovery trend in orders [4] - The company aims to achieve stable growth in performance throughout the year, adhering to the targets set by the board [4] Group 6: Competitive Advantages - AVIC Optoelectronics competes with international firms like Amphenol and TE Connectivity, leveraging its ability to provide customized interconnection solutions and strong technical development capabilities [4] - The company emphasizes rapid response and service assurance, optimizing delivery capabilities to meet customer demands efficiently [4] Group 7: New Energy Vehicle Market - The company has been involved in the new energy vehicle connector business since 2009, focusing on interconnection and charging solutions [5] - Products include high-voltage connectors and charging solutions, supplied to major domestic and international automotive manufacturers [5] Group 8: Capital Operations and Investor Relations - AVIC Optoelectronics is committed to capital operations, seeking opportunities for mergers and acquisitions aligned with its core business [6] - The company has implemented 17 cash dividend distributions since its listing, with a total of approximately 2.8 billion yuan in cash dividends over the past three years, maintaining a payout ratio exceeding 30% [6]

Investment Rating - The report does not explicitly state an investment rating for the company [12]. Core Insights - The demand order rhythm in the defense sector has slowed compared to the early stages of the "14th Five-Year Plan," leading to a temporary fluctuation in the company's overall operating performance. However, the current order backlog is showing a recovery trend, with significant improvement in Q2 2024 compared to Q1 2024 [5][4]. - In H1 2024, the company achieved revenue of 9.197 billion yuan, a year-on-year decrease of 14.51%, and a net profit attributable to shareholders of 1.668 billion yuan, down 14.61% year-on-year. In Q2 2024, revenue was 5.184 billion yuan, a year-on-year decrease of 4.28%, but a quarter-on-quarter increase of 29.16%, with net profit of 917 million yuan, down 4.47% year-on-year but up 22.16% quarter-on-quarter [4][5]. - The company is focusing on expanding its product categories and enhancing its product mix, particularly in the defense sector, where it aims to solidify its position as a preferred supplier. In the civil aviation sector, it is aligning with the development needs of domestic large aircraft and general aviation models, while also exploring new industries related to the low-altitude economy [5][4]. Summary by Sections Financial Performance - In H1 2024, the company's revenue decreased by 14.51% to 9.197 billion yuan, and net profit decreased by 14.61% to 1.668 billion yuan. In Q2 2024, revenue was 5.184 billion yuan, down 4.28% year-on-year but up 29.16% quarter-on-quarter, with net profit at 917 million yuan, down 4.47% year-on-year but up 22.16% quarter-on-quarter [4][5]. - The revenue from electrical connectors decreased by 15.63% to 7.119 billion yuan, while revenue from optical connectors fell by 17.41% to 1.326 billion yuan. Conversely, revenue from liquid cooling solutions and other products grew by 5.30% to 752 million yuan [5]. Business Strategy - The company is actively developing its business in new industries such as civil aviation, satellite internet, data centers, and smart connected vehicles, while accelerating its layout in the low-altitude economy. It is also enhancing its modern industrial capacity and expanding its product offerings [5][4]. - The company has seen a 23.65% increase in construction in progress, reaching a historical high of 2.515 billion yuan, indicating ongoing expansion efforts [5].

股 票 研 究 证 券 研 究 报 告 ——中航光电 2024 年中报点评 | --- | --- | --- | |----------|-----------------------------------|----------------------------| | | | | | | [table_Authors] 彭磊 ( 分析师 ) | 周明 頔 ( 研究助理 ) | | | 010-83939806 | 010-83939792 | | | penglei018712@gtjas.com | zhoumingdi028698@gtjas.com | | 登记编号 | S0880518100003 | S0880123070156 | 本报告导读： 公司 2024 年半年报发布，二季度业绩环比明显改善，盈利能力持续提升，目前在手 订单呈现恢复趋势，预计全年有望实现稳定增长。 投资要点： [Table_Summary] 维持目标价 57.04 元，维持"增持"。公司 2024 二季度营收及净利环 比改善明显，反映出下游需求韧性较强，公司全年有望实现稳定增 长。下调公司 2024-26 年 EPS ...

证券研究报告 非金融公司|公司点评|中航光电（002179） 单季度利润降幅环比显著收窄，下半年 业绩可期 glzqdatemark1 证券研究报告 |报告要点 公司公告 2024 年半年报，2024H1 实现营收 91.97 亿元，同比-14.5%，单 Q2 实现营收 51.84 亿元，同比-4.3%；2024H1 实现归母净利润 16.68 亿元，同比-14.6%，单 Q2 实现归母净利润 9.17 亿元，同比-4.5%。 |分析师及联系人 吴爽 叶鑫 SAC：S0590523110001 SAC：S0590524030004 请务必阅读报告末页的重要声明 1 / 5 中航光电(002179) 单季度利润降幅环比显著收窄，下半年业绩 可期 股价相对走势 -40% -23% -7% 10% 2023/9 2024/1 2024/5 2024/8 中航光电 沪深300 相关报告 1、《中航光电（002179）：单季度毛利率提升， 归母净利润稳步增长》2023.10.25 扫码查看更多 事件 公司发布半年报，2024H1 实现营收 91.97 亿元，同比-14.5%；2024H1 实现归母净 利润 16.68 ...

证券代码：002179 证券简称：中航光电 中航光电科技股份有限公司投资者关系活动记录表 | --- | --- | --- | |------------------|-----------------------|---------------------------------------------------------------------------------------------------------------------| | 投资者关系活动类 | | □特定对象调研 □分析师会议 | | 别 | □媒体采访 | ■业绩说明会 | | | □新闻发布会 □路演活动 | | | | □现场参观 | | | | □其他 | （请文字说明其他活动内容） | | | | 活动参与人员 投资者参会人员：易方达基金、长江证券、南方基金、鹏华基金、 | | | | 华夏基金、惠华基金、广发基金、汇添富基金、富国基金、银华基 | | | | 金、嘉实基金、交银施罗德基金、银河证券、中航证券、国泰君安 | | | | 证券、中金公司、中欧基金、中信建投证券、中信证券、兴全基 | | | | 金、安信 ...

Investment Rating - The report maintains a "Recommended" rating for the company with a target price of 34.47 yuan [1]. Core Views - The company's performance in Q2 2024 showed a significant improvement compared to Q1 2024, with a revenue of 51.84 billion yuan, a year-on-year decrease of 4.3%, but a quarter-on-quarter increase of 22.2% [1]. - The company is positioned as a leader in the domestic special connector market and aims to become a "global first-class" interconnection solution provider, focusing on expanding strategic emerging industries and enhancing its industrial layout [1][2]. - The company has a solid foundation for long-term development with the completion of its basic component industrial park, which is expected to contribute to future growth [1]. Financial Summary - For the first half of 2024, the company achieved a revenue of 91.97 billion yuan and a net profit attributable to shareholders of 16.68 billion yuan, both showing a year-on-year decline of approximately 14.5% [1]. - The gross profit margin remained stable at 37.2%, with a net profit margin of 19.2% in Q2 2024, indicating a slight improvement in profitability [1]. - The company expects net profits attributable to shareholders to reach 36.94 billion yuan, 43.45 billion yuan, and 49.75 billion yuan for the years 2024, 2025, and 2026 respectively, reflecting a growth trajectory [2]. Revenue and Profit Forecast - The projected total revenue for 2024 is 22.13 billion yuan, with a growth rate of 10.3% compared to 2023 [2]. - The net profit attributable to shareholders is expected to be 3.69 billion yuan in 2024, representing a growth rate of 10.6% [2]. - The earnings per share (EPS) is forecasted to be 1.74 yuan for 2024, with a price-to-earnings (PE) ratio of 20 [2]. Operational Efficiency - The company has shown improvement in operating cash flow, with a net cash flow from operating activities of 1.43 billion yuan in the first half of 2024 [1]. - The inventory turnover days are projected to decrease from 122.78 days in 2023 to 110.81 days by 2026, indicating enhanced operational efficiency [2]. Dividend Policy - The company has maintained a balanced approach to dividends, with a cumulative cash dividend of 1.46 billion yuan over the past three years, reflecting its commitment to shareholder returns [1].