证券代码：002463 证券简称：沪电股份 沪士电子股份有限公司投资者活动记录表 编号：2023-0530-024 √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 □现场参观 □电话会议 □其他： 东北证券股份有限公司、华宝基金管理有限公司、朱雀基金管理有限公司、交银 施罗德基金管理有限公司、上海聚鸣投资管理有限公司、富国基金管理有限公司、 参与单位名称 长信基金管理有限责任公司、华泰保兴基金管理有限公司、永赢基金管理有限公 司、鹏扬基金管理有限公司、万家基金管理有限公司、财通证券资产管理有限公 司 时间 2023 年 5 月 30 日 15:00-16:30 地点 公司会议室 公司接待人员 董事会秘书：李明贵 一、行业情况 2022年PCB市场整体新增需求在第四季度开始明显疲软，Prismark预估2022年 第四季度PCB市场环比下降约7.7%，同比下降约14.6%，因此相应将其对2022年 PCB市场增长预期从2.9%下修至1.0%，2022年全球PCB产值约为817.41亿美元。出 于对全球通货膨胀和经济衰退等因素的担忧，面对全球经济前景疲软，展望 ...

Group 1: Automotive PCB Business - The company primarily supplies products to Tier 1 automotive electronics manufacturers and some directly to new energy vehicle brands [1] - The increasing application of electronic technology in automotive systems is driven by trends in electrification, intelligence, and connectivity, leading to a higher proportion of automotive electronics in manufacturing costs [1] - The company collaborates deeply with clients in areas such as new energy vehicle power systems, autonomous driving, smart cockpits, and vehicle networking, investing more resources in R&D and technology reliability assessments [1] Group 2: Corporate Communications Market - Concerns over sustainable demand in the corporate communications market have arisen due to global economic slowdown and inflation pressures, prompting clients to reduce previously high inventory levels [1] - The conservative trend in the corporate communications market is exacerbated by the ongoing interest rate hikes by the Federal Reserve, leading to weak new orders [1] - Despite uncertainties, investments in data center infrastructure by large cloud service and internet companies are expected to continue, driving demand for high-speed data center switches and related products [2] Group 3: Overseas Base Development - The company is accelerating the development of its production base in Thailand to address geopolitical supply chain risks, aiming for large-scale production by Q4 2024, ahead of the initial plan for H1 2025 [2] Group 4: Information Disclosure - The company adheres strictly to information disclosure regulations, ensuring the authenticity, accuracy, completeness, timeliness, and fairness of disclosed information, with no significant undisclosed information leaks [2]

证券代码：002463 证券简称：沪电股份 沪士电子股份有限公司投资者活动记录表 编号：2023-0515-022 √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 □现场参观 □电话会议 □其他： 大家资产管理有限责任公司、广发证券、鲍尔赛嘉（上海）投资管理有限公司、 WT Asset Management Limited、光大证券、国金证券、统一证券投资信托股份有 参与单位名称 限公司、国泰证券投资信托股份有限公司、众安在线财产保险股份有限公司、 杭州融泰云臻私募基金管理有限公司、 时间 2023 年 5 月 17 日 11:00-12:00 2023 年 5 月 17 日 15:00-16:30 地点 公司会议室 公司接待人员 证券事务代表：钱元君 一、介绍了公司2023年第一季度经营业绩情况 总体来看，公司经营相对平稳，实现营业收入约18.68亿元，同比下降约2.57%； 实现归属于母公司的净利润约2亿元，同比下降约19.74%，其中2023年Q1汇兑损 失影响约0.36亿元。 二、行业情况 投资者关系活动 2022年PCB市场整体新增需求在第四季度 ...

证券代码：002463 证券简称：沪电股份 沪士电子股份有限公司投资者活动记录表 编号：2023-0515-021 √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 □现场参观 □电话会议 □其他： 参与单位名称 瑞银证券有限责任公司、Millennium Capital Management(Hong Kong)Limited、 Point72 Hong Kong Limited 时间 2023 年 5 月 15 日 14:30-15:30 地点 昆山市博雅路 公司接待人员 证券事务代表：钱元君 一、介绍了公司2023年第一季度经营业绩情况 总体来看，公司经营相对平稳，实现营业收入约18.68亿元，同比下降约2.57%； 实现归属于母公司的净利润约2亿元，同比下降约19.74%，其中2023年Q1汇兑损 失影响约0.36亿元。 二、行业情况 2022年PCB市场整体新增需求在第四季度开始明显疲软，Prismark预估2022年 第四季度PCB市场环比下降约7.7%，同比下降约14.6%，因此相应将其对2022年 投资者关系活动 PCB市场增长预期从2.9% ...

证券代码：002463 证券简称：沪电股份 沪士电子股份有限公司投资者活动记录表 编号：2023-0505-020 √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 □现场参观 □电话会议 √其他： 网络会议 财通证券股份有限公司、长城基金管理有限公司、华泰证券股份有限公司、 信达澳亚基金管理有限公司 参与单位名称 因本次投资者关系活动采取网络会议形式，参会者未签署调研承诺函。但在交 流活动中，我公司严格遵守相关规定，保证信息披 露真实、准确、及时、公平， 没有发生未公开重大信息泄露等情况。 时间 2023 年 5 月 5 日 13:30-14:15 财通证券股份有限公司、长城基金管理有限公司 2023 年 5 月 5 日 14:30-15:15 华泰证券股份有限公司、信达澳亚基金管理有限公司 地点 网络会议 公司接待人员 证券事务代表：钱元君 一、介绍了公司2023年第一季度经营业绩情况 总体来看，公司经营相对平稳，实现营业收入约18.68亿元，同比下降约2.57%； 实现归属于母公司的净利润约2亿元，同比下降约19.74%，其中2023年Q1汇兑损 失影 ...

Financial Performance - The company's operating revenue for Q1 2023 was CNY 1,867,912,147, a decrease of 2.57% compared to CNY 1,917,245,532 in the same period last year[3] - Net profit attributable to shareholders was CNY 200,292,766, down 19.74% from CNY 249,569,154 year-on-year[3] - The company's basic earnings per share decreased to CNY 0.1056, down 19.76% from CNY 0.1316 in the same period last year[3] - Net profit for Q1 2023 was CNY 200,292,766, down 19.7% from CNY 249,569,154 in the same period last year[22] - The basic earnings per share for Q1 2023 was CNY 0.1056, down from CNY 0.1316 in Q1 2022[22] Cash Flow and Assets - The net cash flow from operating activities increased by 136.34% to CNY 631,276,162, compared to CNY 267,110,313 in the previous year[3] - Operating cash flow net amount increased significantly to CNY 631,276,162 from CNY 267,110,313 year-on-year, representing a growth of 135.5%[23] - Total assets at the end of Q1 2023 reached CNY 13,420,463,186, reflecting a growth of 7.35% from CNY 12,501,322,508 at the end of the previous year[3] - Total assets at the end of Q1 2023 reached CNY 13,420,463,186, up from CNY 12,501,322,508 at the beginning of the year, marking an increase of 7.3%[20] - Cash and cash equivalents at the end of Q1 2023 totaled CNY 2,213,029,291, an increase from CNY 1,292,453,557 at the beginning of the year[20] - The ending balance of cash and cash equivalents is 2,184,561,866, an increase from 1,275,560,476[25] Liabilities and Equity - The company’s long-term borrowings increased by 381.41% to CNY 375,366,362, compared to CNY 77,972,925 at the end of the previous year[10] - Current liabilities increased to CNY 4,100,787,202, compared to CNY 3,829,395,011 at the beginning of the year, reflecting a rise of 7.1%[20] - The company’s total liabilities reached CNY 4,810,012,467, an increase from CNY 4,234,423,965 at the beginning of the year, reflecting a growth of 13.5%[20] - The weighted average return on equity fell to 2.39%, a decrease of 1.01 percentage points from 3.40% year-on-year[3] Research and Development - The company’s research and development expenses rose by 2.56% to CNY 112,506,701, compared to CNY 109,699,755 in the previous year[12] - Research and development expenses for Q1 2023 were CNY 112,506,701, slightly up from CNY 109,699,755 in Q1 2022[22] Shareholder Information - The total number of common shareholders at the end of the reporting period is 111,940[15] - BIGGERING (BVI) HOLDINGS CO., LTD. holds 19.52% of shares, totaling 371,799,937 shares[15] - A total of 7,716,327 stock options were exercised by 521 incentive participants, increasing the total share capital from 1,896,658,773 to 1,904,375,100 shares[19] Investments and Future Plans - The company plans to acquire 57.1795% of Shengweic Electronic (Jiangsu) Co., Ltd. for RMB 33.45 million and increase its registered capital by EUR 29.216 million[16] - The registered capital of Kunshan Huli Microelectronics Co., Ltd. has been increased from RMB 72,386,922 to RMB 150,000,000 after a capital injection of RMB 776,130,780[17] - The company aims to achieve large-scale production at its Thailand facility by Q4 2024, ahead of the original plan for H1 2025[18] Government Subsidies - The company received government subsidies amounting to CNY 15,779,661, primarily related to the construction of the Kunshan plant[4]

Financial Performance - The company's operating revenue for 2022 was ¥8,336,030,158, representing a 12.36% increase compared to ¥7,418,710,047 in 2021[18]. - The net profit attributable to shareholders for 2022 was ¥1,361,574,992, a 28.03% increase from ¥1,063,500,828 in 2021[18]. - The net profit after deducting non-recurring gains and losses was ¥1,264,664,764, up 32.21% from ¥956,563,256 in 2021[18]. - The net cash flow from operating activities for 2022 was ¥1,565,768,541, an 11.01% increase from ¥1,410,432,087 in 2021[18]. - The basic earnings per share for 2022 was ¥0.7179, a 27.38% increase from ¥0.5636 in 2021[18]. - The total assets at the end of 2022 were ¥12,501,322,508, a 7.32% increase from ¥11,648,660,084 at the end of 2021[18]. - The net assets attributable to shareholders at the end of 2022 were ¥8,266,898,543, reflecting a 14.27% increase from ¥7,234,330,170 at the end of 2021[18]. - The company reported a significant increase in revenue for 2022, reaching a total of 1.5 billion RMB, representing a year-over-year growth of 20%[118]. - The company reported a significant increase in revenue, achieving a total of 1.5 billion in 2022, representing a growth of 15% year-over-year[148]. Dividend Distribution - The company plans to distribute cash dividends of 1.5 RMB per 10 shares, totaling 284,591,748 RMB based on the total share capital of 1,897,278,320 shares as of December 31, 2022[4]. - A cash dividend of 1.5 CNY per 10 shares (including tax) is proposed, totaling 284,591,748 CNY, which represents 100% of the distributable profit[173]. - The cash dividend policy complies with the company's articles of association and has been approved by the shareholders' meeting[173]. Market and Industry Outlook - The PCB market is expected to face challenges in 2023, with a projected decline in global PCB output value by 4.13%[25]. - The global PCB market is forecasted to grow at a compound annual growth rate of approximately 3.8% from 2022 to 2027, reaching about $98.39 billion by 2027[26]. - The automotive electronics market is projected to continue its steady growth in 2023, driven by trends in electrification, intelligence, and connectivity[48]. - The enterprise communication market is facing uncertainties due to global economic slowdown and inflation, leading to concerns about sustainable demand levels[43]. Strategic Planning and Investments - The company’s strategic planning includes potential market expansions and new product developments, although specific figures are not disclosed[5]. - The company is investing in a new production base in Thailand to enhance its industrial layout and respond flexibly to macroeconomic fluctuations and international trade dynamics[39]. - The company plans to invest approximately RMB 776 million to accelerate the expansion of high-end HDI capacity in the automotive sector[48]. - The company is considering strategic acquisitions to bolster its market position, targeting firms with a combined revenue of 500 million[148]. - The company plans to establish a new production base in Thailand and a wholly-owned subsidiary in Singapore to expand its business operations[160]. Research and Development - The company’s R&D expenses for 2022 were approximately ¥468,490,648, reflecting a 14.03% increase from ¥410,855,747 in 2021[61]. - Investment in R&D increased by 30% in 2022, focusing on new technologies in semiconductor testing and high-frequency communication[119]. - The number of R&D personnel increased to 1,054 in 2022, up 6.25% from 992 in 2021, with a higher proportion of R&D staff now at 13.07% of total employees[67]. - The company is focusing on technology innovation and product upgrades to meet the increasing demand for high-end automotive boards with complex requirements[47]. Risk Management - The company emphasizes the importance of recognizing risks such as industry competition, exchange rate fluctuations, and raw material price volatility, which could impact future performance[5]. - Raw materials accounted for over 50% of the company's main business costs, with risks related to supply stability and price fluctuations impacting future production and profitability[111]. - The company has implemented product liability insurance and error and omission insurance to mitigate potential compensation risks associated with product quality issues[112]. - The company is closely monitoring the developments in U.S.-China trade disputes and maintaining communication with clients to find collaborative solutions[115]. Corporate Governance - The company maintains complete independence from its controlling shareholder in terms of business, personnel, assets, organization, and finance[132]. - The company has established a transparent communication platform for investors, including performance briefings and investor research receptions[129]. - The board of directors and supervisory board operate independently, adhering to legal and regulatory requirements[126]. - The company has established and effectively executed governance systems in compliance with relevant laws and regulations[197]. Operational Efficiency - The company is focused on continuous internal management improvement and optimizing operational processes to enhance product quality[113]. - The company has emphasized the importance of maintaining stable raw material supply channels to avoid adverse impacts on product quality and costs[111]. - The company is actively increasing its environmental investment and training employees on environmental awareness to align with government regulations[114]. Employee and Management Structure - The company had a total of 8,064 employees at the end of the reporting period, with 6,118 in production, 1,469 in technical roles, and 86 in sales[162]. - The company has established a competency-based training system to enhance employee skills and overall management capabilities[164]. - The company has a performance evaluation and incentive system for senior management, which is approved by the board after review by the compensation and assessment committee[175]. Financial Management - The company reported a total investment in derivative products of approximately 367.32 million yuan during the reporting period[85]. - The company engaged in foreign exchange derivative trading to lock in costs and mitigate exchange rate risks, with a total nominal principal of 8.1 million USD for forward foreign exchange contracts[85]. - The company has implemented a comprehensive internal control framework to mitigate risks associated with financial reporting[1].

我公司总经理吴传彬先生、独立董事张鑫先生、董事会秘书李明贵先生、财务总监朱碧霞 女士将出席本次说明会。为充分尊重投资者、提升交流的针对性，现就本次说明会提前向投资 者公开征集问题，广泛听取投资者的意见和建议。投资者可在本次说明会召开日前五个交易日 内登录"互动易"平台"云访谈"栏目进入公司本次说明会页面进行提问。届时公司将在本次 说明会上对投资者普遍关注的问题进行回答。 关于举行2022年度业绩和利润分配预案网上说明会并征集问题的公告 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有虚假记载、误导性 陈述或重大遗漏。 沪士电子股份有限公司兹定于2023年4月7日（星期五）15点至17点在深圳证券交易所"互 动易"平台（http://irm.cninfo.com.cn）"云访谈"栏目举行公司2022年度业绩和利润分配预案 网上说明会（下称"本次说明会"）。本次说明会将采用网络远程的方式举行，投资者可登录"互 动易"平台"云访谈"栏目参与本次说明会。 公司2022年度业绩情况和利润分配预案，详见2023年3月24日公司在指定披露信息的媒体 巨潮资讯网（http://www.cninfo.com.cn ...

Financial Performance - The company's operating revenue for the first half of 2022 was CNY 3,735,733,687, representing a 5.46% increase compared to CNY 3,542,232,906 in the same period last year[17]. - The net profit attributable to shareholders of the listed company was CNY 533,907,636, an increase of 11.16% from CNY 480,310,635 year-on-year[17]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 505,807,284, up 15.02% from CNY 439,740,183 in the previous year[17]. - The basic earnings per share for the period was CNY 0.2815, reflecting a 10.05% increase from CNY 0.2558 in the same period last year[17]. - The gross margin for PCB products was approximately 30.80%, an increase of about 1.26 percentage points compared to the same period last year[36]. - The net profit attributable to shareholders was approximately 534 million yuan, reflecting a year-on-year growth of about 11.16%[36]. - The company reported a total comprehensive income of RMB 533,907,636 for the first half of 2022, compared to RMB 480,310,635 in the first half of 2021, marking an increase of approximately 11%[178]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 12,382,081,125, a 6.30% increase from CNY 11,648,660,084 at the end of the previous year[17]. - The net assets attributable to shareholders of the listed company were CNY 7,431,890,583, which is a 2.73% increase from CNY 7,234,330,170 at the end of the previous year[17]. - The company's total assets increased, with cash and cash equivalents representing 12.79% of total assets at CNY 1,583,192,856, up from 10.23% at CNY 1,191,123,160 last year[56]. - Total liabilities reached RMB 4.95 billion, up from RMB 4.41 billion, indicating an increase of around 12.1%[170]. - Shareholders' equity rose to RMB 7.43 billion from RMB 7.23 billion, reflecting an increase of about 2.9%[170]. Cash Flow - The net cash flow from operating activities was CNY 740,067,109, a decrease of 8.72% compared to CNY 810,740,589 in the same period last year[17]. - Cash flow from operating activities was RMB 740,067,109, a decrease from RMB 810,740,589 in the previous period[175]. - The company reported a net cash outflow from investing activities of RMB 385,268,097, compared to a net outflow of RMB 985,644,579 in the previous period, showing improved cash management[175]. - The company's cash and cash equivalents increased by 80.50% to CNY 422,125,262 from CNY 233,869,934 year-on-year[49]. Research and Development - The company's R&D investment in the first half of 2022 was approximately 229 million yuan, resulting in the development of multiple new products and the acquisition of 1 invention patent and 4 utility model patents[35]. - Research and development expenses increased by 16.25% to CNY 228,739,325 from CNY 196,757,062 year-on-year[49]. - The company has undergone a re-certification as a high-tech enterprise, enhancing its innovation capabilities[107]. Market and Industry Outlook - The PCB industry is projected to grow at a compound annual growth rate (CAGR) of approximately 4.6% from 2021 to 2026, reaching a total value of about $101.56 billion by 2026[28]. - The Chinese PCB market is expected to grow at a CAGR of 4.3%, with a projected value of approximately $54.61 billion by 2026[28]. - The automotive sector is anticipated to drive significant growth in multi-layer PCB applications, with a CAGR of 7.4% from 2021 to 2026[34]. - The overall PCB market is influenced by macroeconomic cycles, with significant growth expected in AI, 5G, and new energy sectors[28]. Risks and Challenges - The company faces various risks including industry competition, exchange rate fluctuations, and raw material supply and price volatility[5]. - The company is sensitive to fluctuations in the USD/RMB exchange rate, which can impact import costs and export pricing, affecting net profit[84]. - Raw material costs account for over 50% of the company's main business costs, making supply stability and price volatility a critical risk factor[85]. - The ongoing COVID-19 pandemic continues to pose uncertainties for global economic conditions, which the company is monitoring closely[90]. Investments and Expansion - The company invested approximately CNY 396,860,000 in expansion projects during the reporting period[56]. - The company approved an investment of approximately USD 280 million to establish a new production base in Thailand, which is currently progressing through necessary approvals and registrations[63]. - The company planned to invest approximately RMB 1.98 billion in a new project for high-density interconnect substrate research and manufacturing, but the project has been temporarily suspended as of March 21, 2022[61][62]. Environmental Management - The company has implemented measures to enhance environmental management and has obtained ISO 14001 certification to mitigate environmental risks[88]. - The company has established effective pollution prevention measures and achieved stable operation of its environmental facilities, ensuring compliance with discharge standards[113]. - The company reported a total carbon emission reduction of approximately 1,802.79 tons due to its solar power generation of 2,140.34 MWh in the first half of 2022[127]. - The company is a founding member of the PCB Green Manufacturing Industry Alliance, emphasizing its commitment to environmental protection and sustainable practices[127]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 128,259[159]. - The total number of shares before the change was 1,896,658,773, with a decrease of 1 share after the change, resulting in a total of 1,896,658,772 shares[156]. - The company’s actual controller and major shareholder did not change during the reporting period[163].