证券代码：002519 证券简称：银河电子 | --- | --- | --- | |----------------|---------------|-------------| | 投资者关系活动 | √特定对象调研 | □分析师会议 | | 类别 | □媒体采访 | □业绩说明会 | | | | | | | □新闻发布会 | □路演活动 | □现场参观 □其他 参与单位名称及 人员姓名 南京证券股份有限公司 赵伟、支金亮、施杨、董健玮 时间 2023 年 6 月 21 日 地点 公司行政研发大楼一楼会议室 上市公司接待人 董事会秘书徐鸽先生、证券事务代表冯熠先生、证券事务专员 员姓名 刘雅倩女士 1、请介绍一下公司军工业务情况？ 公司军工业务主要包括技术保障装备、智能供配电系统、 综合电子信息系统、综合环境控制系统和保障类电源等。上述 各分系统主要用于坦克、装甲车、自行火炮、指挥车、通信车、 侦察车、技术保障、后勤等各型军用特种车辆。 投资者关系活动 客户以陆军为主，也有海军、火箭军、武警等，目前公司 主要内容介绍 与各军兵种、军方科研院所、军工集团形成了稳定的合作关系。 去年年底中标的整车合同会给公司 ...

证券代码：002519 证券简称：银河电子 | --- | --- | --- | |----------------|---------------|-------------| | 投资者关系活动 | √特定对象调研 | □分析师会议 | | 类别 | □媒体采访 | □业绩说明会 | | | | | | | □新闻发布会 | □路演活动 | □现场参观 □其他 参与单位名称及 华泰证券股份有限公司 田莫充 人员姓名 百年保险资管公司 李兴宇 时间 2023 年 5 月 23 日 地点 公司行政研发大楼一楼会议室 上市公司接待人 董事会秘书徐鸽先生、证券事务代表冯熠先生、证券事务专员 员姓名 刘雅倩女士 1、公司军工产品主要包括哪些？主要客户有哪些？ 公司军工业务主要包括技术保障装备、智能供配电系统、 综合电子信息系统、综合环境控制系统和保障类电源等。上述 各分系统主要用于坦克、装甲车、自行火炮、指挥车、通信车、 侦察车、技术保障、后勤等各型军用特种车辆。 投资者关系活动 客户以陆军为主，也有海军、火箭军、武警等，目前公司 主要内容介绍 与各军兵种、军方科研院所、军工集团形成了稳定的合作关系。 2、去年年 ...

Financial Performance - The company's revenue for Q1 2023 was ¥315,974,381.52, representing a 17.01% increase compared to ¥270,037,254.84 in the same period last year[5] - Net profit attributable to shareholders was ¥62,788,967.04, up 33.53% from ¥47,022,142.30 year-on-year[5] - The net profit after deducting non-recurring gains and losses was ¥57,218,070.73, reflecting a 38.77% increase from ¥41,231,341.09 in the previous year[5] - The basic and diluted earnings per share increased by 32.85% to ¥0.0554 from ¥0.0417 in the same period last year[5] - Total operating revenue for the current period reached ¥315,974,381.52, an increase of 17.1% compared to ¥270,037,254.84 in the previous period[21] - Net profit for the current period was ¥62,397,065.42, representing a 33.0% increase from ¥46,957,353.08 in the same period last year[22] - Total profit for the current period was ¥74,096,574.35, an increase of 34.7% from ¥54,930,581.36 in the previous period[22] - Basic and diluted earnings per share increased to ¥0.0554 from ¥0.0417, reflecting a growth of 32.0%[22] Assets and Liabilities - Total assets at the end of Q1 2023 were ¥3,688,141,929.94, a 1.54% increase from ¥3,632,364,138.47 at the end of the previous year[5] - The total liabilities of the company were CNY 530,153,971.25, slightly down from CNY 530,273,245.21, showing a decrease of approximately 0.02%[19] - The equity attributable to the parent company increased to CNY 3,154,839,098.79 from CNY 3,091,997,502.82, representing a growth of about 2.0%[19] Cash Flow - The net cash flow from operating activities was -¥22,734,924.35, a decline of 100.48% compared to -¥11,339,979.43 in the same period last year[5] - Cash flow from operating activities showed a net outflow of ¥22,734,924.35, worsening from a net outflow of ¥11,339,979.43 in the prior period[25] - Cash and cash equivalents at the end of the period were ¥458,982,260.55, down from ¥683,575,863.47 at the end of the previous period[26] - The company experienced a net cash outflow from financing activities of ¥6,500,000.00, with total cash inflow from financing activities at ¥3,500,000.00[26] Investments and Expenses - Investment activities resulted in a net cash outflow of -¥97,699,882.53, a 214.69% decrease compared to the previous year's inflow of ¥163,657,792.63[13] - Research and development expenses increased to ¥35,044,072.03, a rise of 17.5% compared to ¥29,788,236.66 in the previous period[21] - The company reported a significant increase in cash inflow from investment activities, totaling ¥869,059,878.35 compared to ¥687,449,397.17 in the previous period[25] Other Key Metrics - The company experienced a significant increase in prepayments, which rose by 923.95% to ¥107,488,913.08 due to business growth and increased procurement[10] - The company received government subsidies that contributed to deferred income, which increased by 48.48% to ¥3,952,050.10[10] - The company's cash and cash equivalents decreased to CNY 374,513,788.88 from CNY 607,916,946.42, reflecting a decline of approximately 38.3%[18] - The accounts receivable increased to CNY 492,610,748.26, up from CNY 433,758,379.11, indicating a growth of about 13.6%[18] - The inventory decreased to CNY 584,221,880.18 from CNY 606,269,141.40, reflecting a decline of approximately 3.6%[18] - The total non-current assets increased to CNY 974,296,564.98 from CNY 921,146,185.07, reflecting a growth of about 5.8%[18] - The company's short-term borrowings and other financial liabilities were not reported, indicating a focus on maintaining liquidity[19] - The company has not disclosed any new product developments or market expansion strategies in the current report[20]

务领域和销售规模。 新能源业务：聚焦储能、微电网、新能源汽车零部件、智 能装备等行业，加大人才引进和培养力度，加快新产品的研发 力度，实现公司的转型升级，做精、做优存量产品，提质增效， 提升智能制造水平，提高企业的核心竞争力。 智能数字电视终端业务：充分利用数字电视智能终端业务 积累的数字技术和团队，在稳固发展原有的数字智能电视终端 业务之外，积极围绕数字经济基础设施相关的各类终端设备， 加大研发投入，研发光通信、光网络等系列产品，实现公司的 产业升级。 9、公司 2022 年销售费用较高原因是什么？用于借款产生 的利息费用吗？借款用途是什么？ 您好，公司 2022 年度销售费用明细具体详见《2022 年年 度报告全文》第十节 财务报告-七、合并财务报表项目注释 -63、销售费用。2022 年度公司不存在银行借款。 编号：2023-002 证券代码：002519 证券简称：银河电子 投资者关系活动 类别 □特定对象调研 □分析师会议 □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） 参与单位名称及 人员姓名 业绩说明会参与投资者 时间 2023 年 4 月 11 ...

Group 1: New Energy Business - The company's new energy business includes lightweight precision structural components, energy storage and microgrid services, and charging pile operations [1] - Lightweight precision structural components are primarily operated by Yidu Intelligent, serving major clients in the new energy sector such as Sungrow Power, CATL, and Trina Storage [1] - The energy storage business is developed in collaboration with Suzhou Times Huajing New Energy Co., Ltd., focusing on commercial and residential energy storage solutions [2] Group 2: Future Planning and Market Positioning - The company plans to enhance its structural component business by leveraging opportunities in the new energy sector, increasing technological upgrades, and improving smart manufacturing capabilities [2] - The company is focusing on small commercial energy storage projects below 200 kWh, with product development and testing ongoing, aiming for market launch in the second half of the year [2] - The international market for energy storage products is primarily targeted at high-end markets in Europe, North America, Australia, and Southeast Asia [2] Group 3: Military and Digital TV Business - The military business is expected to maintain good development, with a new order of CNY 660 million for technical support equipment scheduled for delivery this year [3] - The smart digital TV terminal business is stable, with plans to leverage accumulated digital technology for product development in optical communication and networks [3] - The overall development strategy focuses on building a "Technology Galaxy," emphasizing talent-driven growth and seeking partnerships in the new energy and digital economy sectors [3]

Financial Performance - The company's operating revenue for 2022 was ¥1,310,662,745.46, a decrease of 8.01% compared to ¥1,424,782,414.53 in 2021[19] - Net profit attributable to shareholders reached ¥195,777,745.63, a significant increase of 1,263.97% from ¥14,353,506.01 in the previous year[19] - The net profit after deducting non-recurring gains and losses was ¥118,599,298.79, up by 62.53% from ¥72,972,911.81 in 2021[19] - The basic earnings per share rose to ¥0.17, reflecting a 1,600.00% increase from ¥0.01 in 2021[19] - The total assets at the end of 2022 were ¥3,632,364,138.47, representing a 5.64% increase from ¥3,438,596,707.34 at the end of 2021[19] - The net assets attributable to shareholders increased by 7.30% to ¥3,091,997,502.82 from ¥2,881,722,593.55 in 2021[19] - The cash flow from operating activities showed a net inflow of ¥128,926,480.58, a turnaround from a negative cash flow of ¥21,231,186.10 in 2021, marking a 707.25% improvement[19] - The company reported a significant increase in cash flow from operating activities in Q4 2022, indicating improved operational efficiency and financial health[23] - The company reported a revenue of 1.31066 billion yuan, a decrease of 8.01% year-on-year, while the net profit attributable to shareholders increased significantly by 1,263.97% to 195.78 million yuan[41] Business Segments - The company has expanded its main business into three sectors: special intelligent electromechanical, new energy, and smart digital TV terminals[18] - The special intelligent electromechanical business generated a revenue of 699.12 million yuan, an increase of 17.57% year-on-year, but the net profit decreased by 10.41%[41] - The smart digital TV terminal business achieved revenue of ¥243,055,931.15, an increase of 8.53% from the previous year[44] - The new energy products segment reported revenue of ¥320,522,630.37, a significant decline of 41.41% compared to ¥547,014,472.53 in 2021[46] - The net profit for the new energy business was -¥347.05 million, a decrease of 114.61% year-on-year, primarily due to the poor performance of subsidiary Jia Sheng Power[43] Research and Development - The company is focusing on expanding its R&D capabilities across multiple locations, including Zhangjiagang and Nanjing, to enhance its product offerings in smart equipment and energy solutions[30] - The company holds a total of 173 patents, including 28 invention patents, with 32 new patents authorized during the reporting period[39] - The company’s subsidiary, Yidu Intelligent, has developed intelligent manufacturing control and integration technology for precision structural components, holding 36 authorized patents[40] - The company’s subsidiary, Jiasheng Power, has established strong partnerships with electric vehicle manufacturers and charging station operators, holding 100 authorized patents[40] - Research and development expenses rose by 4.01% to ¥150,505,701.88, representing 11.48% of total revenue[61] - The number of R&D personnel increased by 7.84% to 399, with a higher proportion of staff holding bachelor's and master's degrees[61] Market Trends and Strategy - The defense budget for 2023 is projected at CNY 1.5537 trillion, a 7.2% increase year-on-year, indicating a sustained demand for military equipment and modernization efforts[30] - The energy storage industry in China saw a 110% increase in installed capacity in 2022, reaching 8.7 million kW, highlighting the growing demand for energy storage solutions[31] - The U.S. battery storage market is expected to deploy 9.4 GW of new storage systems in 2023, representing a 107% year-on-year growth, reflecting a robust international market for energy storage[31] - The market share of new energy vehicles in China reached 25.6% in 2022, with production and sales growing by 96.9% and 93.4% respectively, indicating a strong market shift towards electric vehicles[33] - The company plans to leverage government policies promoting microgrid and energy storage systems to enhance its market position in the renewable energy sector[32] Corporate Governance - The company maintains complete independence from its controlling shareholder in terms of business operations, personnel, assets, and finance, ensuring a fully autonomous market-facing operation[102] - The company has established a complete supply, production, and sales system, independent of the controlling shareholder, with no reliance on related party transactions[102] - The company has a clear organizational structure that operates independently from the controlling shareholder, with no mixed operations or shared offices[104] - The company has committed to avoiding any competition with its controlling shareholder, ensuring a clear separation of business interests[102] - The company has established a robust corporate governance structure, including independent director systems, to ensure compliance with legal and regulatory requirements[104] Employee and Management - The total number of employees at the end of the reporting period is 1,478, with 1,442 from major subsidiaries and 36 from the parent company[127] - The company has a total of 79 employees participating in the employee stock ownership plan, holding a total of 39,677,533 shares, which accounts for 3.52% of the company's total share capital[134] - The company has implemented a strategic compensation management system linking team income levels to operational performance, emphasizing differentiated salary increases[128] - The company conducted training across six major areas, including external training, departmental internal training, and leadership enhancement for middle management[129] - The company has a strong management team with diverse backgrounds, including legal, financial, and engineering expertise, which supports strategic decision-making[115] Financial Management - The company’s financial department operates independently, with its own accounting system and bank accounts, ensuring no shared financial resources with the controlling shareholder[104] - The company has not experienced any significant impact on its financial position or operating results from the implementation of the new accounting standards[162][163] - The company has fully adopted the simplified accounting method for applicable lease contracts following the adjustment of the applicable scope of the rental reduction accounting treatment[159] - The company has maintained effective internal control over financial reporting as of December 31, 2022, according to the internal control audit report[141] - The company has established a comprehensive internal control system, with no significant deficiencies reported during the period[137] Social Responsibility and Environmental Management - The company has established a robust environmental management system, complying with relevant environmental laws and regulations[143] - The company commits to a cash dividend policy, distributing at least 10% of the annual distributable profit in cash, with a cumulative minimum of 30% over three years[152] - The company will continue to prioritize corporate social responsibility alongside business development for harmonious growth[147] - The company aims to enhance its corporate image by respecting the rights of suppliers and customers, fostering trust-based relationships[146] - The company is committed to sustainable development and environmental protection, raising awareness among employees[147]

Group 1: Military Integration and Business Strategy - The company is actively participating in the military industry due to favorable national policies encouraging "military-civilian integration" [1] - The acquisition of Tongzhi Electromechanical is a strategic step into the military sector, focusing on intelligent power systems and vehicle-mounted equipment [3] - The company plans to expand its military product offerings from power distribution to comprehensive intelligent electromechanical control systems [3] Group 2: Performance and Growth - Tongzhi Electromechanical is expected to exceed its performance commitments due to a strong order backlog and ongoing R&D investments [4] - The growth in Tongzhi's performance is attributed to stable growth in existing products and rapid expansion of new products like vehicle-mounted black boxes and training simulators [4] - The company anticipates significant growth in the electric vehicle industry, supported by government policies [6] Group 3: Acquisitions and Synergies - The collaboration with two major weapon groups aims to establish broader partnerships for future growth [4] - The acquisition of Jiasheng Power focuses on electric vehicle charging technology, enhancing the company's capabilities in the renewable energy sector [5] - The acquisition of Fujian Junpeng will improve the company's automation technology and precision manufacturing capabilities [5] Group 4: Charging Infrastructure and Future Plans - The company has adjusted its plans for building "Internet+" based electric vehicle charging stations due to regulatory challenges [6] - The existing charging business has achieved over 100 million yuan in sales, with plans for further investment to enhance competitive advantages [6][7] - Future product offerings in the renewable energy sector will include various charging solutions and components for electric vehicles [7][8]

Group 1: Market Trends and Company Strategy - The set-top box market is expected to maintain steady growth in the coming years, driven by the completion of digital transformation in the broadcasting industry [2][3] - The demand for hardware upgrades remains strong, as evidenced by the gradual upgrade process of set-top boxes in developed regions like Suzhou [3] - The integration of OTT (Over-The-Top) services into cable set-top boxes is anticipated to expand the OTT market significantly, benefiting all stakeholders involved [4] Group 2: Acquisition and Business Development - The acquisition of Tongzhi Electromechanical is aimed at entering the electric intelligence and military equipment sectors, leveraging advanced technology and quality resources [4][5] - The combined R&D personnel from both companies will exceed 400, enhancing collaborative development capabilities in military and civilian products [5] - The acquisition is expected to reduce investment risks in new business areas while broadening the market scope and optimizing the business structure [5] Group 3: Competitive Advantages and Sales Model - Tongzhi Electromechanical holds significant competitive advantages in the military sector due to high qualification barriers and established market presence [6] - The sales model includes direct sales to the military and supplying components to other military equipment manufacturers, adhering to strict pricing regulations set by government authorities [7] - The pricing strategy involves enterprise quotations followed by military review and approval, ensuring compliance with national pricing management guidelines [7] Group 4: Future Outlook on New Energy Vehicles - The main business of Tongzhi Electromechanical is in the military sector, with a minor focus on new energy vehicle components, which are currently limited by industry development and national policies [8] - The company believes there is significant growth potential in the new energy vehicle sector, and it may increase investments if the industry experiences rapid growth and supportive government policies emerge [8]