证券代码：002281 证券简称：光迅科技 武汉光迅科技股份有限公司投资者关系活动记录表 | --- | --- | --- | --- | |------------|------------------------------|---------|----------------------------------------------| | | | 编号： | [2024]003 | | 投资者关系 | □特定对象调研 | | | | 活动类别 | □媒体采访 | | | | | | | | | | □新闻发布会 | | | | | □现场参观 | | | | 参与单位名 | 海通证券 | | 余伟民、徐卓、王海涛、夏凡、邹泽世、于一铭、 | | 称及人员姓 | | | 张予名、潘亘扬 | | 名 | 瑞银集团 | JimmyYu | 、赖咏惟 | | | 百嘉基金管理有限公司 | | 黄艺鸣、谢泽林 | | | 财信吉祥人寿保险股份有限公司 | | 袁子扬 | | | 创金合信基金管理有限公司 | | 郭镇岳、李晗 | | | 东吴基金管理有限公司 | | 张浩佳 | | | 方正富邦基金管理有限公 ...

武汉光迅科技股份有限公司审计委员会 二〇二四年八月十六日 公司审计委员会委员关于 2024 年半年度计提资产减值准备的合理性说明的 签字： 胡华夏 王 征 孙 晋 武汉光迅科技股份有限公司董事会审计委员会 关于 2024 年半年度计提资产减值准备的合理性说明 根据《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》《企业会计准则》以及武汉光迅科技股 份有限公司（以下简称"公司"）审计委员会有关规定，公司董事会审计委员会 对公司计提资产减值准备相关材料进行了审查，并对《关于 2024 年半年度计提 资产减值准备的公告》进行了认真审议，基于审慎的判断，对公司计提资产减值 准备作出如下说明： 公司本次计提资产减值准备遵照并符合《企业会计准则》和公司相关会计政 策的规定，本次计提资产减值准备基于谨慎性原则，依据充分，符合公司资产现 状，有助于更加公允地反映截止 2024 年 6 月 30 日公司的财务状况、资产价值及 经营成果，使公司关于资产价值的会计信息更加真实可靠，更具合理性。 ...

证券代码：002281 证券简称：光迅科技 公告编号：（2024）039 武汉光迅科技股份有限公司 关于对信科（北京）财务有限公司的 持续风险评估说明的公告 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。 根据深圳证券交易所发布的《深圳证券交易所上市公司自律监管指引第 7 号——交 易与关联交易（2023 年修订）》的要求，武汉光迅科技股份有限公司（以下简称"光迅 科技"或"本公司"）通过查验信科（北京）财务有限公司（以下简称"信科财务公司" 或"财务公司"）的《营业执照》与《金融许可证》等资料，审阅资产负债表、利润表、 现金流量表等财务公司的定期财务报告，对其经营资质、业务和风险状况进行了评估， 具体情况报告如下: 一、财务公司基本情况 信科（北京）财务有限公司于 2011 年 11 月 22 日注册登记，系依照《中华人民共 和国公司法》《企业集团财务公司管理办法》等有关法律法规的规定，经国家金融监督 管理总局(原中国银行保险监督管理委员会)批准成立的非银行金融机构，财务公司注册 资本 10.00 亿元。现法定代表人为：肖波；公司类型：有限责任公司（法人独资）；企 ...

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。 武汉光迅科技股份有限公司(以下简称"公司")于2024年8月22日召开第七 届董事会第十九次会议、第七届监事会第十八次会议，审议通过了《关于2024年 半年度计提资产减值准备的议案》，现将具体内容公告如下： 一、本次计提减值准备情况概述 证券代码：002281 证券简称：光迅科技 公告编号：（2024）037 武汉光迅科技股份有限公司 （一）本次计提减值准备的原因 关于 2024 年半年度计提资产减值准备的公告 根据《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》的相关规定，公司依据《企业会计准则》以及公司相关会计政策的规定， 为真实、准确反映财务状况、资产价值及经营成果，公司对截至 2024 年 6 月 30 日合并报表范围内的各类资产进行了全面清查和分析，基于谨慎性原则，公司对 可能发生减值损失的资产计提相应减值准备。 （二）本次计提资产减值准备的资产范围 经公司对 2024 年半年度存在可能发生减值迹象的资产进行全面清查和资产 减值测试后，拟计提 2024 年半年度各项资产减值准备合计 ...

Financial Performance - The company's operating revenue for the first half of 2024 was ¥3,109,944,587.68, representing a 10.48% increase compared to ¥2,814,878,774.42 in the same period last year[11]. - The net profit attributable to shareholders was ¥208,699,527.24, a decrease of 12.64% from ¥238,887,161.63 in the previous year[11]. - The basic earnings per share decreased by 15.63% to ¥0.27 from ¥0.32 in the same period last year[11]. - The total assets at the end of the reporting period were ¥12,897,572,005.33, reflecting a 7.23% increase from ¥12,027,853,800.82 at the end of the previous year[11]. - The net assets attributable to shareholders increased by 0.89% to ¥8,515,199,743.24 from ¥8,440,431,224.59 at the end of the previous year[11]. - The net cash flow from operating activities was negative at -¥42,562,264.13, a significant decrease of 118.17% compared to ¥234,220,459.79 in the previous year[11]. - The weighted average return on net assets was 2.43%, down from 3.27% in the previous year[11]. - The company reported a significant increase in other income, which rose by 144.96% to CNY 32,780,425.75, primarily due to increased government subsidies[33]. - The total operating costs for the first half of 2024 were ¥2,824,011,975.64, up from ¥2,512,880,856.51 in the first half of 2023, reflecting a year-over-year increase of 12.4%[101]. - The company's total comprehensive income of CNY 200,010,304.19 for the first half of 2024, compared to CNY 238,064,154.83 in the previous year, indicating a decline of approximately 16.0%[103]. Market and Industry Insights - The global optical device market revenue for Q1 2024 reached $13.1 billion, showing a year-over-year stability and a quarter-over-quarter growth of 5%[15]. - The data communication optical device market's annualized revenue share increased from 46.1% in 2023 to 53.7% in Q1 2024, driven by the AI boom[15]. - The telecom optical device market's revenue share decreased from 40.6% in Q1 2023 to 35.1% in Q1 2024, maintaining a revenue level of approximately $1.1 billion[15]. - Capital expenditure by China's three major telecom operators totaled 64.8 billion yuan in Q1 2024, a decline of 5.53% year-over-year, marking the lowest level in three years[15]. - The capital expenditure of the three major telecom operators in China is projected to decrease by 5.39% for the full year of 2024, entering a contraction cycle[15]. - The capital expenditure of the three major US telecom operators in Q1 2024 was $10.761 billion, down 19.05% year-over-year, also the lowest in four years[15]. Research and Development - The company focuses on the R&D, production, and sales of optoelectronic devices, modules, and subsystems, primarily used in telecom optical transmission and access networks[18]. - The company’s R&D investment increased by 15.09% to ¥353,304,358.37, up from ¥306,976,433.89 in the previous year[32]. - The company has achieved significant progress in new product categories, including WSS, 50G PON series products, and 1.6T high-speed products for data centers[26]. - The company has applied for over 2,470 patents and has undertaken more than 100 national-level projects[31]. Operational Challenges - The company is experiencing pressure on profit levels due to declining market prices despite the explosive growth in demand for high-speed data products[15]. - The company faces risks including macro industry risks, competitive risks, and supply chain risks, as detailed in the report[2]. - The company has established strategic partnerships with suppliers to enhance delivery capabilities amid extended delivery cycles for key raw materials[50]. Cash Flow and Investments - The company reported a net cash outflow from financing activities of CNY -57,847,901.71 in 2024, a sharp decline from a net inflow of CNY 1,513,020,763.26 in 2023[108]. - Cash paid to employees increased to CNY 396,338,472.56 in 2024 from CNY 281,005,386.10 in 2023, reflecting a rise of 41%[107]. - The company has invested ¥11,104.65 million from the raised funds during the reporting period, with a cumulative investment of ¥65,296.72 million[44]. - The company reported a decrease in employee compensation payable to ¥58,185,128.10, down 30.66% from ¥83,761,983.71 at the beginning of the period[96]. Shareholder Information - The company plans not to distribute cash dividends or issue bonus shares for this reporting period[2]. - The total number of common shareholders at the end of the reporting period was 100,531[80]. - Fenghuo Technology Group Co., Ltd. holds 36.70% of the shares, totaling 291,478,944 shares[80]. - The strategic investor, China Information Communication Technology Group, became one of the top 10 shareholders after subscribing to the non-public offering on April 3, 2023, with a lock-up period of 18 months[81]. Environmental and Social Responsibility - The company completed a pump replacement project that achieved a reduction of 168.2 tons of CO2 emissions annually[57]. - A rooftop photovoltaic project with a capacity of 2.3MW is expected to generate approximately 58.04 million kWh of clean electricity over 25 years, reducing CO2 emissions by 33,097.46 tons[57]. - The company actively participated in poverty alleviation by purchasing agricultural products worth 90,700 yuan from impoverished areas[59]. - The company has implemented a carbon emission verification process in accordance with ISO14064-1:2018 guidelines[58]. Governance and Compliance - The company has made adjustments in its board of directors, with new appointments made on June 18, 2024[53]. - The company has not faced any administrative penalties related to environmental issues during the reporting period[56]. - The semi-annual financial report has not been audited[64]. - The company has not experienced any major litigation or arbitration matters during the reporting period[65].

证券代码：002281 证券简称：光迅科技 公告编号：（2024）035 二、 审议通过了《关于 2024 年半年度计提资产减值准备的议案》 有效表决票 3 票，其中同意 3 票，反对 0 票，弃权 0 票。 经审核，监事会认为公司 2024 年半年度计提资产减值损失，符合《企业会 计准则》和公司相关会计政策等相关规定，依据充分，决策程序合法，能更加客 观公允地反映了公司的资产状况和经营成果，有利于向投资者提供更加可靠的财 务信息，因此，监事会同意本次计提资产减值损失。 武汉光迅科技股份有限公司 第七届监事会第十八次会议决议公告 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。 武汉光迅科技股份有限公司（以下简称"公司"或"本公司"）第七届监事 会第十八次会议于 2024 年 8 月 22 日在公司高端光电子器件产业基地 F1—103 会议室以现场会议方式召开。本次监事会会议通知已于 2024 年 8 月 12 日以电子 邮件方式发出。会议应参加监事 3 人，实际参加监事 3 人。会议的召集与召开符 合《公司法》和《公司章程》的有关规定。会议由监事会主席罗锋先生主持。 ...

武汉光迅科技股份有限公司 第七届董事会第十九次会议决议公告 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。 武汉光迅科技股份有限公司（以下简称"公司"或"本公司"）第七届董事 会第十九次会议于 2024 年 8 月 22 日在公司高端光电子器件产业基地 F1—103 会议室以现场表决方式召开。本次董事会会议通知已于 2024 年 8 月 12 日以电子 邮件方式发出。会议应参加董事 9 名，实际参加董事 9 名。公司监事会 3 名监事 和部分高级管理人员列席了本次会议。会议的召集与召开符合《公司法》和《公 司章程》的有关规定。会议由董事长黄宣泽先生主持。 经与会董事认真审议，以投票表决方式通过了以下决议： 一、 审议通过了《2024 年总经理半年度工作报告》 有效表决票 9 票，其中同意 9 票，反对 0 票，弃权 0 票。 二、 审议通过了《2024 年半年度报告全文及摘要》 有效表决票 9 票，其中同意 9 票，反对 0 票，弃权 0 票。 《武汉光迅科技股份有限公司 2024 年半年度报告全文》详见巨潮资讯网； 《武汉光迅科技股份有限公司 2024 年半年度报 ...

Investment Rating - The report maintains a "Recommend" rating for the company, with a target price of 30.25 CNY [2] Core Views - The company is a leading player in the optical communication industry with comprehensive vertical integration capabilities, covering the entire supply chain from chips to subsystems [1] - AI-driven demand for high-speed optical modules (400G/800G/1.6T) is expected to be a key growth driver, with the company well-positioned due to its advanced product portfolio and self-sufficient chip capabilities [1][5] - The company's traditional telecom transmission business remains a strong foundation, with domestic 400G backbone network upgrades and data center interconnect (DCI) demand providing significant growth opportunities [1][5] Financial Forecasts - Revenue is expected to grow from 6,061 million CNY in 2023 to 13,255 million CNY in 2026, with a CAGR of 24.5% [2] - Net profit attributable to shareholders is projected to increase from 619 million CNY in 2023 to 1,505 million CNY in 2026, with a CAGR of 36.3% [2] - The company's PE ratio is expected to decline from 34x in 2024 to 16x in 2026, reflecting strong earnings growth [2] Industry Analysis Optical Communication Market - The global optical module market is expected to grow by 27% in 2024, driven by AI-related demand for 400G/800G modules [28] - Silicon photonics is gaining traction, with its market share in optical modules projected to increase from 24% in 2022 to 44% by 2028 [29] - Emerging technologies like LPO (Linear-drive Pluggable Optics) and OCS (Optical Circuit Switch) are expected to play a significant role in reducing power consumption and latency in data centers [31][33] Telecom Market - The global optical transmission market grew by 2% in 2023, with domestic 400G backbone network upgrades being a key driver [43] - The 50G PON market is expected to see rapid growth, with a CAGR of 200% from 2024 to 2028, driven by the need for higher bandwidth and lower latency in fiber access networks [50][51] Company Strengths Vertical Integration - The company has a rare capability of full vertical integration in the optical communication industry, covering chips, devices, modules, and subsystems [1][12] - It has self-sufficient capabilities in laser and detector chips, with IDM (Integrated Device Manufacturing) mode ensuring supply chain security [1][40] Product Portfolio - The company offers a comprehensive range of optical modules, including 400G, 800G, and 1.6T products, with silicon photonics and LPO technologies already in mass production [36][37] - It has a strong presence in the telecom transmission market, with products like AWG, optical amplifiers, and ITLA (Integrated Tunable Laser Assembly) being key revenue drivers [54][55] Emerging Technologies - The company is actively exploring new growth areas such as quantum communication and automotive LiDAR, with significant investments in related technologies [58][59] - It has established a joint venture in the quantum field, focusing on quantum key distribution (QKD) and quantum measurement systems [58]

申万宏源证券承销保荐有限责任公司 关于武汉光迅科技股份有限公司 放弃控股子公司股权优先受让权及对其增资 同时为支持大连藏龙业务发展，光迅科技拟与大连藏龙、武汉藏龙光电子股 权投资基金企业（有限合伙）（以下简称"藏龙基金"）、烽火光电子基金、中信 科基金、国开科技创业投资有限责任公司（以下简称"国开科创"）、中电基金、 1 武汉创新发展投资基金合伙企业（有限合伙）（以下简称"创新发展基金"）和正 格基金签署《大连藏龙光电子科技有限公司增资协议》，共同对光迅科技的控股 子公司大连藏龙进行增资，合计对标的公司增资 1.6 亿元。其中，光迅科技向标 的公司增资 3,500 万元，中信科基金向标的公司增资 2,500 万元，国开科创向标 的公司增资 5,000 万元，中电基金向标的公司增资 2,000 万元，创新发展基金向 标的公司增资 3,000 万元。增资款将用于标的公司对其子公司增资、日常运营资 金补充、产品研发、生产产能扩充、市场拓展、债务偿还等。 根据《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 7 号—交易与关联交易》及《公司章程》等有关规定，中信科基金、烽火 光电子基金为公司实际 ...

《武汉光迅科技股份有限公司关于放弃控股子公司股权优先受让权及对其 增资暨关联交易的公告》详见《证券时报》《中国证券报》《上海证券报》《证券 日报》和巨潮资讯网。 武汉光迅科技股份有限公司 第七届监事会第十七次会议（临时会议）决议公告 本公司监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 导性陈述或者重大遗漏。 武汉光迅科技股份有限公司（以下简称"公司"或"本公司"）第七届监事 会第十七次会议于 2024 年 8 月 16 日 10:00 在公司 432 会议室以现场会议方式召 开。本次监事会会议通知已于 2024 年 8 月 9 日发出。会议应参加监事 3 人，实 际参加监事 3 人。会议的召集与召开符合《公司法》和《公司章程》的有关规定。 会议由监事会主席罗锋先生主持。 经与会监事认真审议，以投票表决方式通过了以下决议： 一、 审议通过了《关于放弃控股子公司股权优先受让权及对其增资暨关联交易 的议案》 证券代码：002281 证券简称：光迅科技 公告编号：（2024）032 有效表决票 3 票，其中同意 3 票，反对 0 票，弃权 0 票。 特此公告 武汉光迅科技股份有限公司监事会 二○二四年 ...