证券代码：002384 证券简称：东山精密 公告编号：2024-063 苏州东山精密制造股份有限公司 关于变更注册地址并完成工商变更登记的公告 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。 一、公司注册地址变更的情况说明 近日，公司完成了注册地址工商变更登记及公司章程备案登记手续，并取得 了苏州市数据局换发的《营业执照》，公司注册地址由"苏州吴中经济开发区塘 东路 88 号"变更为"苏州吴中经济开发区善丰路 288 号"。 除上述注册地址变更外，公司《营业执照》的其他登记事项不变。 三、备查文件 《营业执照》。 特此公告。 苏州东山精密制造股份有限公司董事会 2024 年 7 月 22 日 苏州东山精密制造股份有限公司（以下简称"公司"）于 2024 年 4 月 16 日召开第六届董事会第九次会议并于 2024 年 5 月 10 日召开 2023 年度股东大会， 审议通过《关于变更公司注册地址及修订<公司章程>的议案》。具体内容详见 2024 年 4 月 18 日、5 月 11 日巨潮资讯网（www.cninfo.com.cn）和指定信息披露 媒体公司相关公告 ...

特别提示 证券代码：002384 证券简称：东山精密 公告编号：2024-062 苏州东山精密制造股份有限公司 2024 年度第三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。 ● 本次股东大会未出现否决议案的情形。 ● 本次股东大会不涉及变更前次股东大会决议的情形。 一、会议召集、召开和出席情况 （一）会议的召集、召开情况 1、本次会议召集情况 苏州东山精密制造股份有限公司（以下简称"公司"）2024年度第三次临时 股东大会（以下简称"会议"）于2024年6月28日发出通知。 2、本次会议召开情况 会议于2024年7月22日采取现场表决与网络投票相结合的方式召开。其中， 现场会议于2024年7月22日下午14:00开始在公司会议室召开；通过深圳证券交易 所交易系统进行网络投票的具体时间为2024年7月22日上午9:15-9:25，9:30-11:30， 下午13:00-15:00；通过深圳证券交易所互联网投票系统进行网络投票的具体时间 为2024年7月22日上午9:15至下午15:00期间的任意时间。 本次会议由公司董事会召集，董事长 ...

电子 2024 年 07 月 19 日 东山精密 (002384) ——围绕 Apple+Tesla 布局,PCB 全球第三锐意进取 | --- | |---------------------| | 2024 年 07 月 19 日 | | 24.74 | | 28.98/11.01 | | 2.3 | | 1.01 | | 34,395 | | 2,982.31/8,903.23 | | | | --- | --- | |------------------------|----------------| | 基础数据: | 年 03 月 31 日 | | 每股净资产(元) | 10.75 | | 资产负债率% | 59.57 | | 总股本/流通 A 股(百万) | 1,710/1,390 | | 流通 B 股/H 股(百万) | -/- | 一年内股价与大盘对比走势: 10-2011-2012-2001-2002-2003-2004-2005-2006-2007-2008-2009-2010-20 -40% -30% -20% -10% 0% 10% 20% 中旗股份 沪深300指数 (收益率) 相关 ...

东山精密20240717_导读 2024年07月18日 00:51 关键词 东山精密 苹果 汽车业务 PCB FPC 光电显示 封装 显示模组 触控显示模组 通信业务 5G 高多层板 HDI 净 利润 毛利率 PCB业务 毛利 营收 经营效率 现金流 全文摘要 东山精密是一家源自苏州的企业,最初专注于钣金业务,后来在PCB领域取得显著成就,成为全球第二 大FPC资产供应商。公司营收主要来源于PCB业务,占比达到三分之二。近年来,东山精密积极布局汽 车领域,同时扩展光电显示业务,包括LED和LCM业务,致力于满足不同市场需求。通过一系列战略布 局和产能扩张,东山精密成功增强其在通信及手机市场的竞争力,并巩固了在汽车领域的市场份额。公 司还面临着光电显示板块的压力,尤其是LED和LCM业务,但PCB业务表现强劲,毛利率居高不下。为 了应对挑战,东山精密计划通过高端化转型和生产基地优化来提高盈利能力。此外,公司正在实施出海 战略,期望通过提升单品价值和扩大市场份额进一步强化汽车业务。尽管遭遇市场波动和资产整合难 题,但凭借内生增长及重点客户合作,东山精密预期业务将持续发展,展现出长期增长的潜力。 章节速览 ● 00 ...

Investment Rating - The report maintains a "Buy" rating for the company [5] Core Views - The company is a global leader in PCB manufacturing, ranking third in overall PCB revenue and second in flexible circuit board revenue in 2023. The company achieved revenue of 33.651 billion yuan in 2023, a year-on-year increase of 6.56%, but net profit decreased by 17.05% to 1.965 billion yuan [2][34] - The company is expected to benefit from the AI wave, particularly with the launch of Apple's AI system, which is anticipated to drive demand for upgraded PCB specifications [2][34] - The company is diversifying its business and expanding into the new energy sector, with significant growth expected in its automotive business by 2025 [34] Summary by Sections Company Overview - The company has a diversified business structure with three main segments: electronic circuits, optoelectronics, and precision manufacturing. It has established a strong presence in the global PCB market through strategic acquisitions and expansions [10][11] PCB Industry Position - The company is well-positioned in the PCB industry, benefiting from the growing demand for new electronic products such as VR/AR devices and AI smartphones. The company has established strong relationships with major clients, enhancing its revenue potential [2][17][30] Financial Forecasts - The report forecasts a net profit of 2.329 billion yuan for 2024, with significant increases expected in 2025 and 2026, reaching 3.185 billion yuan and 3.527 billion yuan respectively. The company’s PE ratios are projected to be 19X for 2024, 14X for 2025, and 13X for 2026 [34][35] Strategic Initiatives - The company is actively pursuing its A+T strategy, focusing on expanding its electric vehicle product lines and improving its LED business. The integration of new production facilities and customer certifications is progressing well, with expectations for improved average selling prices [2][34] Market Trends - The global PCB market is expected to grow at a compound annual growth rate of 5.4% from 2024 to 2028, driven by advancements in AI technology and the increasing demand for electric vehicles [25][34]

Summary of the Conference Call on Dongshan Precision Company Overview - **Company Name**: Dongshan Precision - **Industry**: Electronics manufacturing, specifically focusing on PCB (Printed Circuit Board) and related components Key Points and Arguments 1. **Core Business Segments**: Dongshan Precision has diversified its business into several segments, with PCB accounting for two-thirds of its revenue, and the company has a strong position in the automotive sector [3][4][6] 2. **Revenue Performance**: The PCB business generated approximately 23 billion to 24 billion in revenue last year, reflecting a year-on-year growth of 6.7% [5][6] 3. **Market Position**: The company is the second-largest player globally in the FPC (Flexible Printed Circuit) segment and has a significant presence in the hard PCB market, focusing on communications and mobile devices [6][8] 4. **Client Base**: Major clients include Apple and Tesla, with a notable expansion in the automotive sector, particularly in electric vehicles [11][16] 5. **Growth in Automotive Sector**: The automotive electronics revenue reached 6.4 billion last year, with a growth rate close to 100% year-on-year, indicating a strong upward trend in this segment [17] 6. **Challenges in Display Business**: The optical display segment has faced pressure due to market competition, leading to losses in recent years, with expectations of continued challenges [25][26] 7. **Profitability Metrics**: The PCB business has a gross profit margin of approximately 21%, making it the most profitable segment, while the display segments have reported negative margins [29] 8. **Future Outlook**: The company anticipates continued growth driven by major clients' new product launches and an expansion of its global service capabilities [23][30] 9. **Cash Flow and Financial Health**: The operating cash flow has shown a positive trend, reaching 5.2 billion, indicating strong financial health despite challenges in certain segments [32] 10. **Investment Strategy**: Dongshan is focusing on high-end business lines and optimizing its production capabilities to enhance profitability in the long term [28][33] Additional Important Information - **Historical Context**: The company has undergone significant transformations since 2016, which have contributed to its current growth trajectory [15][24] - **Global Expansion**: Dongshan has been proactive in its international strategy since 2019, aiming to enhance its global footprint [20][30] - **Market Dynamics**: The company is navigating a complex market environment, balancing growth in core segments while addressing challenges in less profitable areas [24][31] This summary encapsulates the essential insights from the conference call regarding Dongshan Precision's business performance, market positioning, and future outlook.

Financial Data and Key Metrics Changes - The company's revenue from PCB business reached approximately 23.3 billion, with a year-on-year growth of 6.7% [4] - The net profit for the last year was reported at 2.965 billion, which reflects a decrease primarily due to a decline in gross margin [22] - The operating cash flow has shown a steady increase, reaching 5.2 billion, up from previous years [28] Business Line Data and Key Metrics Changes - The PCB business now accounts for two-thirds of the company's revenue, with a significant contribution to profits, particularly from FPC products [5][11] - The automotive electronics segment has seen rapid growth, with revenue reaching 6.4 billion, nearly doubling year-on-year [14] - The LED and LCM display segments have faced challenges, with losses reported in recent years, indicating a need for strategic adjustments [20][21] Market Data and Key Metrics Changes - The company has expanded its customer base in the 5G communication sector, with major clients including Huawei and OPPO [9] - In the automotive sector, Tesla remains a key customer, with the company actively expanding its presence in North America and Southeast Asia [10] Company Strategy and Development Direction - The company is focusing on expanding its automotive business line, with ongoing product development and customer validation [16] - A strategic emphasis on international expansion has been in place since 2019, aiming to enhance global service capabilities [17] - The company is transitioning towards high-end products while reducing low-end business exposure to improve profitability [23] Management Comments on Operating Environment and Future Outlook - Management expressed confidence in the growth potential of the automotive sector, driven by new model releases and global service capabilities [19] - The outlook for the next three years is optimistic, with expectations of stable growth despite current market challenges in the LED and LCM segments [27] - The company anticipates a slight increase in net profit this year, with a more significant growth potential in the following years [30] Other Important Information - The company has achieved a strong position in the IPC industry, ranking second, and is expected to further improve its market standing [26] - The gross margin for the PCB business is reported at 21%, indicating a healthy operational status compared to other segments [25] Q&A Session Summary Question: What is the outlook for the automotive business? - The automotive electronics revenue has been growing rapidly, with expectations for continued growth driven by new customer validations and product expansions [14][19] Question: How is the company addressing challenges in the LED and LCM segments? - Management acknowledged the losses in these segments and indicated a need for strategic adjustments to improve performance [20][21] Question: What are the expectations for net profit in the coming years? - The company expects a slight increase in net profit this year, with more significant growth anticipated in the following years due to improved operational efficiency [30]

大家好欢迎参加声望宏远电子苹果AI系列电话会之六目前所有参会者均处于静音状态现在开始播放我们的声明声明播完播后主持人可直接开始发言 请参会人员务必注意本次电话会议交流内容仅限参会人员内部参考任何机构或个人不得以任何形式对电话会议任何内容进行泄露或外发请勿以任何方式索要、泄露、散布、转发电话会议纪要任何泄露电话会议纪要等信息的行为均为侵权行为申望洪源研究保留追究泄露转发者法律责任的权利 那尊敬各位投资人大家晚上好啊那我们也是延续这次苹果推荐的这个产业链然后这次的话也是给大家去重点汇报一个个股那么我们觉得东山的话整个的一个发展历程我们还是比较熟悉的那另外的话我们觉得目前来看东山呢在国内上面其实它的核心地位一直在提升然后策略的话也是非常的清楚 那还是有一定程度的这样的一个预期差所以我们这次的话也是邀请大家来一起去了解一下这个东山那因为它的业务板块呢看起来会相对比较多简单给大家汇报一下这个历史的一个沿革那其实每个主业的话呢在 特定条件之下其实都是属于非常招摇的这样的一个行业那某些板块现在可能是承担了一个这个盈利的一个主角那某些板块的话就相对来说波动性会更大一些那主要是这样的一个历史沿革那么这个东山精密的这个名字的由来 ...

证券代码:002384 证券简称:东山精密 苏州东山精密制造股份有限公司 投资者关系活动记录表 | --- | --- | --- | |------------------------|--------------------------------------|---------------------------------------------------------------------------------------------------------------------------------------------| | | | 编号:2024-07-17 | | | ☑特定对象调研 □分析师会议 | | | | □媒体采访 □业绩说明会 | | | 投资者关系活动类别 | □新闻发布会 | 路演活动(深交所集中路演) | | | □现场参观 | | | | 其他 | | | | | 民生电子、人保资产、国金基金、泉果基金、西部利得、长江资管、 | | | | 中海基金、太平基金、建信基金、浙商资管、中银资管、富国基金、 | | | | 天治基金、浦银安盛、鑫元基金、易方达、华泰柏 ...

Group 1: Company Overview - The company is Suzhou Dongshan Precision Manufacturing Co., Ltd. with stock code 002384 [1] - The investor relations activity took place on July 11-12, 2024, in the company meeting room [1] Group 2: AI Applications - AI applications in consumer electronics present both challenges and opportunities, requiring higher performance and smarter algorithms [1] - The company emphasizes technological innovation to meet major customer demands and enhance shareholder returns [1] Group 3: FPC Production Capacity - Current FPC production capacity is sufficient to meet customer requirements, with additional capacity from factories in Thailand [1] - The average capacity utilization rate for FPC is around 60%, influenced by seasonal demand [2] Group 4: New Energy Vehicle Business - The company has focused capital expenditures on the new energy vehicle sector over the past two years, with production bases in Suzhou, Kunshan, and Yancheng domestically, and in Mexico and the USA internationally [2] - Products offered include electronic circuit products (FPC and rigid boards), vehicle displays, and functional structural components [2] Group 5: LED Business Performance - The LED business is currently facing losses due to intense competition from homogeneous products, but the company plans to enhance internal management and optimize product structure to improve performance [2] Group 6: Touch Display and IC Substrate - The touch display business is gradually recovering to normal levels, with plans to expand customer base and increase capacity utilization [2] - The IC substrate is still in the customer sample testing phase [2] Group 7: Fundraising Progress - The company is steadily advancing its 2024 private placement plans, with further details to be disclosed in future communications [2]