证券代码：002334 证券简称：英威腾 公告编号：2024-016 深圳市英威腾电气股份有限公司公告(2024) 深圳市英威腾电气股份有限公司 关于 2023 年年度股东大会增加临时提案暨召开 2023 年年度股 东大会补充通知的公告 除增加上述议案外，公司 2023 年年度股东大会的召开时间、地点、股权 登记日、其他会议议题、登记方法等事项均保持不变。公司《关于召开 2023 - 1 - 深圳市英威腾电气股份有限公司公告(2024) 年年度股东大会的补充通知》附后，敬请广大投资者留意。 特此公告。 深圳市英威腾电气股份有限公司 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。 深圳市英威腾电气股份有限公司（以下简称"公司"）于 2024 年 4 月 9 日在 指定信息披露媒体《证券时报》《中国证券报》及巨潮资讯网（www.cninfo.com.cn） 上披露了《年度股东大会通知》，公司 2023 年年度股东大会将于 2024 年 5 月 8 日召开。 2024 年 4 月 17 日，公司召开第六届董事会第三十一次会议审议通过了《关 于回购公司股份方案的议案》 ...

深圳市英威腾电气股份有限公司公告(2024) 证券代码：002334 证券简称：英威腾 公告编号：2024-012 深圳市英威腾电气股份有限公司 2.1 回购股份的目的 基于对公司未来发展前景的信心和对公司价值的认可，为进一步健全公司长 效激励机制，充分调动公司核心骨干及优秀员工的积极性，有效地将股东利益、 公司利益和核心团队个人利益结合在一起，共同促进公司的长远发展，公司在考 虑业务发展前景、财务状况、未来盈利能力及近期公司股票二级市场表现的基础 上，拟以自有资金回购部分公司股份，用于实施股权激励或员工持股计划。 表决情况：同意 9 票，反对 0 票，弃权 0 票 第六届董事会第三十一次会议决议公告 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。 深圳市英威腾电气股份有限公司（以下简称"公司"）第六届董事会第三十一 次会议通知及会议资料已于 2024 年 4 月 3 日向全体董事发出。会议于 2024 年 4 月 17 日（星期三）上午 10:00 在广东省深圳市光明区马田街道松白路英威腾 光明科技大厦 A 座 8 楼会议室以现场方式召开，由董事长黄申力先生召 ...

深圳市英威腾电气股份有限公司公告(2024) 证券代码：002334 证券简称：英威腾 公告编号：2024-013 深圳市英威腾电气股份有限公司 第六届监事会第十九次会议决议公告 本公司及监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。 深圳市英威腾电气股份有限公司（以下简称"公司"）第六届监事会第十九次 会议通知及会议资料已于 2024 年 4 月 3 日向全体监事发出。会议于 2024 年 4 月 17 日（星期三）上午 11:00 在广东省深圳市光明区马田街道松白路英威腾光 明科技大厦 A 座 8 楼会议室以现场方式召开，由监事会主席董瑞勇先生召集并 主持。本次会议应出席监事 3 人，亲自出席会议的监事 3 人，无缺席监事。会议 的召集、召开符合有关法律、行政法规、部门规章、规范性文件和公司章程的规 定。 一、以3票同意、0票反对、0票弃权的表决结果审议通过了《2024年第一季 度报告的议案》 经审核，监事会认为：经审核，监事会认为董事会编制和审议公司 2024 年 第一季度报告的程序符合法律、行政法规及中国证监会的规定，报告内容真实、 准确、完整地反映了上市公司 ...

Investment Rating - The investment rating for the company is "Buy" with a maintained rating, expecting a price increase of over 15% relative to the industry index within the next six months [28]. Core Viewpoints - The company's cornerstone business, industrial automation, continues to grow steadily despite external economic pressures. The company has achieved significant sales milestones across various industries, with a focus on expanding overseas projects, resulting in a 10.70% year-on-year revenue growth in 2023 [2]. - The network energy segment has also shown growth, with a revenue increase of 13.17% year-on-year, driven by successful bids for projects in the banking sector and applications in urban rail transit [2]. - The company is positioned as a leading provider of industrial automation and energy solutions in China, with a strategic focus on IGBT and expansion into new energy sectors. The outlook for the company's core products, such as variable frequency drives and data center UPS systems, remains positive [3]. Financial Summary - The company reported a revenue of 45.9 billion yuan in 2023, a 12.03% increase year-on-year, with overseas revenue reaching 14.75 billion yuan, up 30.65% [16]. - The net profit attributable to shareholders was 3.71 billion yuan, reflecting a 35.06% year-on-year growth. The overall gross margin for the year was 31.51%, an increase of 1.4 percentage points [16]. - For the upcoming years, the company is projected to achieve revenues of 57.69 billion yuan in 2024, 73.59 billion yuan in 2025, and 94.31 billion yuan in 2026, with corresponding net profits of 4.62 billion yuan, 5.79 billion yuan, and 7.18 billion yuan respectively [20].

Investment Rating - The report maintains a "Buy" rating for the company [3][15]. Core Views - The company is expected to achieve net profits of 499 million, 580 million, and 646 million yuan for the years 2024, 2025, and 2026 respectively, reflecting a downward adjustment of 16% and 23% for 2024 and 2025 [3]. - The industrial automation and network energy businesses are showing steady growth, while the photovoltaic energy storage and new energy vehicle sectors are under short-term pressure but have promising long-term prospects [3]. Financial Performance Summary - The company reported a revenue of 4.59 billion yuan in 2023, a year-on-year increase of 12%, with a net profit of 371 million yuan, up 35% from the previous year [11]. - The industrial automation segment generated 2.54 billion yuan in revenue, growing 11% year-on-year, with a gross margin of 37.86% [12]. - The network energy business achieved 825 million yuan in revenue, a 13% increase, with a gross margin of 34.32% [12]. - The photovoltaic energy storage business generated 304 million yuan in revenue, while the new energy vehicle segment saw a 15% increase in revenue to 701 million yuan, although its gross margin decreased by 4.32 percentage points [13]. Profitability and Valuation Metrics - The company’s projected earnings per share (EPS) for 2024, 2025, and 2026 are 0.62, 0.72, and 0.81 yuan respectively [14]. - The price-to-earnings (P/E) ratio is expected to decrease from 13 in 2024 to 10 in 2026 [14]. - The return on equity (ROE) is projected to be 16.1% in 2024 and 15.7% in 2026 [14].

Investment Rating - The investment rating for the company is "Buy" (maintained) with a current price of 7.77 CNY and a target price not specified for the next 6 months [1]. Core Insights - The company's 2023 performance met expectations, with overseas revenue growing by 30% year-on-year [1]. - The gross profit margin for 2023 was 31.51%, an increase of 1.40 percentage points year-on-year [2]. - The company is expected to maintain a compound annual growth rate (CAGR) of 22% in net profit over the next three years [36]. Summary by Sections Financial Performance - In 2023, the company achieved a revenue of 4.59 billion CNY, a year-on-year increase of 12.03%, and a net profit attributable to the parent company of 371 million CNY, up 35.06% year-on-year [35]. - The revenue breakdown for 2023 includes: - Industrial Automation: 2.54 billion CNY, +10.70% YoY - Network Energy: 825 million CNY, +13.17% YoY - Photovoltaic Energy Storage: 304 million CNY, +12.28% YoY - New Energy Vehicles: 701 million CNY, +15.40% YoY [20]. Business Segments - **Industrial Automation**: The company is integrating its operations and expects order growth rates of 20%, 15%, and 15% for 2024-2026, with gross margins projected at 38.0%, 38.5%, and 39.0% respectively [6]. - **New Energy Vehicles**: The business is expanding its product offerings and anticipates order growth rates of 20%, 20%, and 15% for 2024-2026, with gross margins of 19.0%, 20.0%, and 20.0% [7]. - **Network Energy**: Driven by the digital economy, the segment expects order growth rates of 20%, 20%, and 15% for 2024-2026, with gross margins of 34.5%, 35.0%, and 35.0% [39]. - **Photovoltaic Energy Storage**: The segment is expected to see order growth of 5%, 20%, and 20% for 2024-2026, maintaining a gross margin of 20% [25]. Profitability and Forecasts - The net profit margin for 2023 was 7.15%, an increase of 0.79 percentage points year-on-year [2]. - Forecasts for 2024-2026 predict net profits of 453 million CNY, 559 million CNY, and 678 million CNY, with corresponding EPS of 0.56, 0.69, and 0.84 CNY [36]. - The company’s PE ratios for the next three years are projected to be 14, 11, and 9 [36].

Dividend and Profit Distribution - The company plans to distribute a cash dividend of RMB 0.60 per 10 shares (including tax) to all shareholders[5]. - The board of directors has approved the profit distribution plan based on the total share capital on the equity distribution scheme's registration date[5]. - A total of 47 million RMB in cash dividends was distributed to shareholders in 2023, reflecting the company's commitment to shareholder returns[155]. Financial Performance - The company's operating revenue for 2023 reached ¥4,589,862,819.96, representing a 12.03% increase compared to ¥4,096,877,001.27 in 2022[21]. - Net profit attributable to shareholders for 2023 was ¥371,353,080.86, a 35.06% increase from ¥274,946,462.96 in 2022[21]. - The net profit after deducting non-recurring gains and losses was ¥312,441,316.24, up 22.42% from ¥255,225,991.79 in the previous year[21]. - The net cash flow from operating activities significantly increased by 157.35% to ¥608,362,640.72 from ¥236,393,777.66 in 2022[21]. - Basic earnings per share for 2023 were ¥0.4679, reflecting a 28.23% increase from ¥0.3649 in 2022[21]. - Total assets at the end of 2023 amounted to ¥5,186,289,498.49, a 6.13% increase from ¥4,886,734,533.26 at the end of 2022[21]. - The net assets attributable to shareholders increased by 15.92% to ¥2,647,382,498.32 from ¥2,283,712,544.23 in 2022[21]. - The company's total revenue for the reporting period reached 458,986.28 million yuan, a year-on-year increase of 12.03%[56]. - The net profit attributable to shareholders was 37,135.31 million yuan, reflecting a year-on-year growth of 35.06%[56]. - Overseas revenue amounted to 147,496.34 million yuan, up 30.65% year-on-year, accounting for 32.14% of total revenue[56]. Market and Industry Trends - The industrial automation market in China is projected to reach approximately $282.2 billion in 2023, with a year-on-year growth of 6.80%[32]. - The UPS market in China is expected to reach about $9.99 billion in 2023, showing a growth of 9.20% compared to the previous year[35]. - The precision air conditioning market in China is projected to be around $8.65 billion in 2023, with a year-on-year increase of 11.60%[35]. - In 2023, the production and sales of new energy vehicles in China reached 9.59 million and 9.49 million units, respectively, marking a year-on-year growth of 35.80% and 37.90%[38]. - The market share of new energy vehicles reached 31.60% in 2023, an increase of 5.90 percentage points compared to the previous year[38]. - The data center market in China is projected to reach approximately 247 billion yuan in 2023, driven by the ongoing digital transformation across industries[49]. Risk Management - The company faces risks including macroeconomic and policy risks, talent loss, raw material price fluctuations, and exchange rate risks[5]. - The annual report includes a section on risk management strategies to address potential challenges in the upcoming fiscal year[5]. - The company aims to mitigate adverse impacts from significant exchange rate fluctuations through its hedging activities[113]. - The company has established strict management systems for foreign exchange derivative trading to control operational risks[113]. Research and Development - The company is focused on optimizing its asset structure and has made progress in research and development, domestic substitution, and cost reduction[56]. - The company holds a total of 1,971 patents, with 186 new patents filed during the reporting period, indicating a strong focus on innovation[74]. - The company is investing in R&D for new technologies, with a budget allocation of 10 million RMB for the development of smart energy solutions[137]. - The company is investing heavily in R&D, allocating 10% of its revenue, approximately 150 million yuan, to develop new technologies[143]. Corporate Governance - The company emphasizes the importance of accurate and complete financial reporting, with key personnel affirming the report's integrity[4]. - All directors attended the board meeting to review the annual report, ensuring comprehensive oversight[5]. - The company has established a compliance management system, integrating compliance requirements into all business activities to mitigate operational risks[159]. - The internal control system was audited, confirming effective financial reporting controls without significant deficiencies as of December 31, 2023[160]. - The company has implemented a zero-tolerance policy towards fraud and corruption, establishing a robust anti-fraud mechanism[161]. Strategic Initiatives - The company is focusing on expanding its product offerings and technological advancements in the electrical equipment sector[12]. - The company is actively exploring business integration and optimizing energy solutions to reduce carbon emissions and improve energy efficiency[127]. - The company plans to strengthen its strategic management and optimize supply chain management to maintain steady growth in performance[128]. - The company is likely to leverage insights gained from these interactions to refine its business strategies and enhance shareholder value[141]. Investor Relations - The company conducted investor relations activities from January 4 to March 24, 2023, including site visits and phone communications with various institutional investors[136]. - The investor relations activities included on-site visits and phone communications, indicating a proactive approach to investor engagement[139]. - The ongoing investor relations efforts are expected to contribute positively to the company's market perception and investor confidence[140]. Employee and Management - The total number of employees at the end of the reporting period is 5,141, with 2,317 in the parent company and 2,824 in major subsidiaries[199]. - The company emphasizes a performance and responsibility-oriented compensation policy, aligning employee rewards with company performance[200]. - In 2023, the company reviewed its bonus policy across business units to align with strategic goals, implementing targeted and differentiated bonus extraction rules[200]. Future Outlook - Future outlook indicates a projected revenue growth of 20% for the next fiscal year, driven by new product launches and market expansion strategies[137]. - The company provided a positive outlook for the next quarter, projecting a revenue increase of 10% to $1.32 billion[138]. - The company has set a performance guidance of 1.8 billion yuan for the next fiscal year, indicating a growth target of 20%[143].

深圳市英威腾电气股份有限公司 内部控制审计报告 深圳市英威腾电气股份有限公司 内部控制审计报告 （截止 2023 年 12 月 31 日） 目 录 页 次 一、 内部控制审计报告 1-2 北京大华内字[2024]00000001 号 北 京 大 华 国 际 会计师事务所 (特 殊 普 通 合 伙 ) Beijing Dahua International Certified Public Accountants (Special General Partnership) 一、企业对内部控制的责任 按照《企业内部控制基本规范》、《企业内部控制应用指引》、《企 业内部控制评价指引》的规定，建立健全和有效实施内部控制，并评 价其有效性是企业董事会的责任。 北京大华国际会计师事务所(特殊普通合伙) 北京市西城区阜成门外大街 31号五层 519A [100071] 电话：86 (10) 6827 8880 传真：86 (10) 6823 8100 内 部 控 制 审 计 报 告 北京大华内字[2024] 00000001 号 深圳市英威腾电气股份有限公司全体股东： 按照《企业内部控制审计指引》及中国注册会计师执业准则的 ...

深圳市英威腾电气股份有限公司公告（2024） 若以公司现有股本 806,646,260 股为基数，向全体股东每 10 股派发现金红 利人民币 0.60 元（含税），共计分配现金红利约 4,839.88 万元。本次利润分配 实施前，如公司总股本由于可转债转股、股份回购、股权激励行权、再融资新增 股份上市等原因发生变动，将以实施分配方案时股权登记日的总股本为基数，按 照每股分配比例不变的原则相应调整分红总额，未来股本变动后的预计分配总额 不会超过财务报表上可供分配的范围。 根据《公司章程》及《未来三年（2021-2023 年）股东回报规划》，公司 2023 年的现金分红政策既保障了公司的持续发展和资金需求，又充分考虑了股东的合 理回报。2023 年以现金方式分配的利润未低于当年实现的可分配利润的 10%， - 1 - 证券代码：002334 证券简称：英威腾 公告编号：2024-006 深圳市英威腾电气股份有限公司 关于 2023 年度利润分配预案的公告 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。 深圳市英威腾电气股份有限公司（以下简称"公司"）于 2024 ...

编制单位：深圳市英威腾电气股份有限公司 单位：元 深圳市英威腾电气股份有限公司 2023 年年度非经营性资金占用及其他关联资金往来情况汇总表 | 非经营性 | | 占用方与上 | 上市公司核算 | 2 0 23 年期初占用 | 2 0 23 年度占用累 | 2 0 23 年度占 | 2 0 23 年度偿还累计 | 2 0 23 年期末占用 | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 资金占用 | 资金占用方名称 | 市公司的关 | 的会计科目 | 资金余额 | 计发生金额（不含 | 用资金的利息 | 发生金额 | 资金余额 | 占用形成原因 | 占用性质 | | | | 联关系 | | | 利息） | （如有） | | | | | | 无 | | | | | | | | | | | | 其他关联 | | 往来方与上 | 上市公司核算 | 2 0 23 年期初往来 | 2 0 23 年度往来累 | 2 0 23 年度往 | 2 0 23 年度偿还累计 | 2 0 23 年期末往来 | | 往来性质（经营 ...