一、董事会会议召开情况 证券代码：002600 证券简称：领益智造 公告编号：2024-071 广东领益智造股份有限公司 第六届董事会第一次会议决议公告 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。 广东领益智造股份有限公司（以下简称"公司"）第六届董事会第一次会议于 2024 年 7 月 9 日以现场结合通讯表决的方式召开，会议由公司半数以上董事推 举曾芳勤女士主持，会议应出席董事 7 名，实际出席董事 7 名。会议通知于 2024 年 7 月 5 日以电子邮件方式发出，会议召集、召开程序符合《公司法》及《公司 章程》的规定。 二、董事会会议审议情况 1、审议通过了《关于选举公司第六届董事会董事长及副董事长的议案》 会议选举曾芳勤女士为第六届董事会董事长；选举贾双谊先生为第六届董事 会副董事长。上述人员任期与本届董事会任期一致。 表决结果：7 票同意，0 票反对，0 票弃权。 2、审议通过了《关于选举公司第六届董事会专门委员会委员的议案》 为进一步完善公司法人治理结构，健全董事会决策机制，根据《公司法》《上 市公司治理准则》及公司董事会各专门委员会工作细则 ...

证券代码：002600 证券简称：领益智造 公告编号：2024-072 广东领益智造股份有限公司（以下简称"公司"）第六届监事会第一次会议于 2024 年 7 月 9 日以现场结合通讯表决的方式召开，会议由公司半数以上监事推 举王之斌先生召集并主持，会议应出席监事 3 名，实际出席监事 3 名。会议通知 于 2024 年 7 月 5 日以电子邮件方式发出，会议召开符合《公司法》及《公司章 程》的规定。 二、监事会会议审议情况 1、审议通过了《关于选举公司第六届监事会主席的议案》 广东领益智造股份有限公司 第六届监事会第一次会议决议公告 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。 一、监事会会议召开情况 三、备查文件 第六届监事会第一次会议决议。 特此公告。 广东领益智造股份有限公司监事会 1 / 1 选举王之斌先生为公司第六届监事会主席，任期与第六届监事会任期一致。 表决结果：3 票同意，0 票反对，0 票弃权。 具体内容及人员简历详见公司同日于巨潮资讯网（http://www.cninfo.com.cn） 和《证券时报》《中国证券报》《上海证券报》《证券 ...

证券代码：002600 证券简称：领益智造 公告编号：2024-073 广东领益智造股份有限公司 关于董事会、监事会完成换届选举并聘任高级管理人员 和证券事务代表的公告 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。 广东领益智造股份有限公司（以下简称"公司"）于 2024 年 7 月 4 日召开 2024 年第二次临时股东大会、2024 年第一次职工代表大会，2024 年 7 月 9 日召开第 六届董事会第一次会议、第六届监事会第一次会议，完成董事会、监事会换届选 举以及聘任高级管理人员和证券事务代表事项，现将具体情况公告如下： 一、公司第六届董事会组成情况 （一）董事会成员 公司第六届董事会由 7 名董事组成，其中非独立董事 4 名，独立董事 3 名， 成员如下： 非独立董事：曾芳勤（董事长）、贾双谊（副董事长）、李波、黄金荣； 独立董事：刘健成、李东方、蔡元庆。 以上董事任期自 2024 年第二次临时股东大会选举通过之日起三年。 公司第六届董事会中兼任公司高级管理人员的董事人数总计未超过公司董 事总数的二分之一，独立董事的人数比例符合相关法律法规要求，独 ...

Financial Data and Key Metrics Changes - The company has achieved profitability since 2022, with expectations for improved gross and net margins due to upgrades in main products [1][2] - The capital expenditure is expected to remain stable or slightly increase, despite a decline in capital expenditure for new energy and photovoltaic businesses [5][17] Business Line Data and Key Metrics Changes - The company provides VC solutions in stainless steel and copper, with stainless steel favored in high-end Android models due to its lower cost and higher durability [2][10] - The focus on optimizing production processes to enhance heat dissipation efficiency and expand capacity, particularly for stainless steel, is emphasized [1][2] Market Data and Key Metrics Changes - The consumer electronics sector is entering a peak season, while the new energy business faces both challenges and opportunities [2] - The photovoltaic business is adjusting strategies in anticipation of improvement [2] Company Strategy and Development Direction - The company is transitioning from traditional business to downstream modules, enhancing its market position through ecological loops, AI empowerment, and growth in non-mobile product lines [1][4] - The emphasis on advanced packaging technologies and heat dissipation solutions to meet fast charging and extended battery life demands is noted [1][3] Management Comments on Operating Environment and Future Outlook - Management expects improvements in the new energy and photovoltaic sectors in the second half of the year, with profitability anticipated in the new energy vehicle segment [6] - The company is confident in achieving higher gross and net margins with product upgrades for major clients [9] Other Important Information - The company has made significant progress in M4 chip iPad, OLED screens, and heat dissipation solutions, indicating a strong supply chain involvement [4][14] - The company’s platform advantages are enhancing market share, particularly in response to increasing demands for comprehensive solutions from major clients [7][12] Q&A Session Summary Question: What is the trend of overall profit margins in the second half of the year? - Management expects improvements in the new energy vehicle and photovoltaic sectors, with profitability anticipated in the latter half of the year [6] Question: How does AI influence the company's layout and platform advantages in consumer electronics? - The company is actively enhancing its capabilities in heat dissipation, batteries, and charging, leveraging platform advantages to increase market share [7] Question: What is the profit status of main products and confidence in future upgrades? - The company has achieved profitability after several years of development and is confident in obtaining higher margins with product upgrades for major clients [9] Question: What materials do downstream customers typically choose for VC boards? - Stainless steel is preferred due to its lower cost and durability, while copper is acknowledged for its excellent heat dissipation [10] Question: What is the company's technical layout and reserves for stainless steel VC boards? - The company has a solid technical foundation for stainless steel VC boards, with production capacity primarily focused on this material [11] Question: What is the outlook for capital expenditure next year? - Capital expenditure is not expected to rise significantly, with projections around 2 billion, slightly increasing but not exceeding 3 billion [16] Question: What is the view on the photovoltaic business and capital expenditure trends? - The photovoltaic business is expected to continue its downward trend in capital expenditure, with improvements anticipated through internal optimization and technology enhancement [17]

Summary of Conference Call Company and Industry - The conference call pertains to **Lingyi Zhi Zao**, a company involved in the **consumer electronics**, **new energy vehicles**, and **photovoltaic** industries. Key Points and Arguments 1. **Q3 Outlook for Consumer Electronics**: The company anticipates entering the peak season for consumer electronics in Q3 and Q4, historically achieving high quarterly profits and profit margins during this period due to full capacity utilization [3][4][6]. 2. **New Energy Vehicle Performance**: In Q1, the new energy vehicle segment faced losses of approximately **50-60 million** due to factory relocation and production inefficiencies. However, improvements in operational efficiency and production yield are expected to lead to profitability in Q3 and Q4 [3][6]. 3. **Impact of Raw Material Prices**: The second quarter saw a decline in gross margins due to significant increases in raw material prices, despite the ability to pass some costs to customers. The price adjustments have a lag effect, impacting profitability [4][6]. 4. **Photovoltaic Business Challenges**: The company is transitioning its factory from India to the U.S., facing challenges such as lower operational efficiency and a significant drop in orders from a major client. The expectation is for recovery in order volumes in Q3 and Q4, but profitability remains uncertain [7][8]. 5. **AI and Consumer Electronics**: The rise of AI in consumer electronics is expected to enhance the company's competitive position, as large clients prefer suppliers that can provide comprehensive solutions [10][11]. 6. **Profitability of Saierkong**: The Saierkong segment is projected to maintain profitability, with expectations for improved gross and net margins as key products are upgraded [12][15]. 7. **Material Choices for VC**: The company discusses the advantages of stainless steel over copper for heat dissipation components, highlighting cost, corrosion resistance, and durability as key factors influencing customer choices [16][17][19]. 8. **Trends in Battery Technology**: The company notes a shift in battery technology towards more robust designs, similar to trends in new energy vehicles, indicating a broader industry evolution [25]. 9. **Growth in Non-Mobile Products**: The company sees significant growth potential in non-mobile product lines, such as tablets and laptops, driven by AI advancements and product upgrades [27][28]. 10. **Capital Expenditure Outlook**: Future capital expenditures are expected to remain stable, with no significant increases anticipated despite ongoing innovation cycles [33][35][37]. Other Important Content - **Operational Efficiency**: The company is focused on improving production efficiency and yield across all segments, which is critical for maintaining profitability amid rising costs [4][6]. - **Market Positioning**: The company emphasizes its strategic positioning as a key supplier for major clients, which enhances customer loyalty and market share [11][12]. - **Challenges in U.S. Operations**: The transition to U.S. manufacturing is complicated by labor and operational challenges, but the company is optimistic about future improvements [41][42]. This summary encapsulates the main themes and insights from the conference call, providing a comprehensive overview of the company's current status and future outlook in its respective industries.

Investment Rating - The report maintains an "Outperform" rating for the company, indicating a positive outlook compared to the market [5][6]. Core Insights - The company is expected to achieve a net profit attributable to shareholders of 680-780 million yuan for the first half of 2024, representing a year-on-year decline of 45.52%-37.51%, which is in line with expectations. The non-recurring net profit is projected to be 550-650 million yuan, down 48.74%-39.41% year-on-year [5]. - The decline in profits is attributed to the traditional off-season for consumer electronics and intensified industry competition, leading to a decrease in overall gross margin. Additionally, the reduction in non-recurring gains compared to the previous year has impacted profitability [5]. - The company is expected to benefit significantly from the AI and terminal hardware upgrades, particularly with Apple's anticipated enhancements in cooling and charging technologies. The strong computing power of Apple chips is expected to drive demand for new devices, which will positively impact the company's business [5]. - The launch of Vision Pro in multiple regions is anticipated to create substantial opportunities, with the company being a key supplier of components. The potential in humanoid and industrial robotics, as well as in automotive and photovoltaic sectors, is also highlighted as a growth area [5]. Financial Summary - The company forecasts total revenue of 40,751 million yuan for 2024, with a year-on-year growth rate of 19.4%. The net profit attributable to shareholders is expected to be 2,107 million yuan, reflecting a slight increase of 2.7% year-on-year [7][8]. - The gross margin is projected to be 19.3% for 2024, with a gradual increase expected in subsequent years [7]. - The report indicates a downward revision of profit forecasts for 2024 and 2025 to 2.1 billion yuan and 2.8 billion yuan, respectively, while introducing a new forecast for 2026 at 3.4 billion yuan [6].

证券代码：002600 证券简称：领益智造 公告编号：2024-070 广东领益智造股份有限公司 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。 一、担保情况概述 广东领益智造股份有限公司（以下简称"公司"）分别于 2023 年 12 月 7 日和 2023 年 12 月 25 日召开第五届董事会第三十三次会议和 2023 年第六次临时股东 大会，审议通过了《关于公司及子公司 2024 年度担保事项的议案》。为保证公 司及其子公司的正常生产经营活动，2024 年度公司（含控股子公司）拟为公司及 子公司的融资或其他履约义务提供担保，预计担保总额度合计不超过人民币 3,500,000 万元。在上述担保额度内，公司可以根据实际经营情况对公司对子公 司、以及子公司之间的担保额度进行调配，亦可对新成立的子公司分配担保额度。 具体内容详见公司于 2023 年 12 月 8 日在巨潮资讯网（www.cninfo.com.cn）上披 露的《关于公司及子公司 2024 年度担保事项的公告》。 关于为子公司提供担保的进展公告 二、担保进展情况 近日，公司与中国银行股份有限公司桂林 ...

Investment Rating - The investment rating for the company is "Buy" with a maintained rating for the next six months [4]. Core Views - The company is expected to face short-term pressure on performance, with a projected net profit of 680 to 780 million yuan for the first half of 2024, representing a year-on-year decline of 45.52% to 37.51% [1]. - The decline in profitability is attributed to the poor profitability of new businesses and a decrease in gross margin due to intensified industry competition [1]. - The company is transitioning from a consumer electronics manufacturer to an AI terminal hardware manufacturing platform, leveraging its long-term experience in the consumer electronics industry [2]. - The company has implemented a stock option incentive plan to bind core employees, aiming for long-term growth [1]. Financial Summary - The company’s revenue for 2023 is projected at 34,123.71 million yuan, with a slight decline of 1.05% compared to 2022 [3]. - The expected revenue for 2024 is 39,583.50 million yuan, reflecting a growth rate of 16% [3]. - The net profit attributable to the parent company for 2024 is forecasted to be 1,839.36 million yuan, a decrease of 10.31% from 2023 [3]. - The company’s EBITDA for 2024 is estimated at 5,310.83 million yuan [3]. Business Outlook - The company is focusing on AI terminal hardware innovation and is positioned to benefit from the integration of hardware and AI technologies [2]. - The AI terminal and communication-related business achieved stable growth in 2023, generating revenue of 30,687 million yuan with a gross margin of 21.62% [2]. - The company aims to explore specific applications and synergies in its business areas related to AI terminal products [2].

Investment Rating - The report maintains a "Recommended" rating for the company [2][3]. Core Views - The company is expected to achieve a net profit attributable to shareholders of 680-780 million yuan in the first half of 2024, representing a year-on-year decline of 45.52%-37.51% [2]. - The decline in profit is attributed to the significant increase in revenue from new businesses, which still have lower profitability compared to existing operations, a decrease in overall gross margin due to intensified industry competition, and a reduction in non-recurring gains compared to the previous year [2]. - The company is actively exploring the potential of artificial intelligence hardware and anticipates revenue growth in the third quarter as the consumer electronics peak season approaches [2]. - The company has established a solid foundation in consumer electronics and is building an AI terminal hardware manufacturing platform, with significant revenue growth in AI terminal and communication-related businesses [2]. - The company has a robust R&D system, with a total of 2,094 patents, including 240 invention patents, and emphasizes the importance of technical talent [2]. Financial Summary - The company forecasts total revenue of 40.469 billion yuan for 2024, with a growth rate of 18.59% [3]. - The net profit attributable to shareholders is projected to be 2.038 billion yuan for 2024, reflecting a slight decline of 0.62% [3]. - The company’s earnings per share (EPS) is expected to remain at 0.29 yuan for 2024, with a price-to-earnings (PE) ratio of 23 [3][7]. - The gross margin is projected to be 18.70% for 2024, with a net profit margin of 5.04% [7]. Business Development - The company achieved revenue of 30.687 billion yuan in AI terminal and communication-related businesses in 2023, with a gross margin of 21.62% [2]. - The automotive business saw a revenue increase of 43.61% year-on-year, reaching 1.697 billion yuan, while the photovoltaic energy storage business generated 1.555 billion yuan, up 29.89% [2]. - The company is focusing on developing cooling products for AI terminals, which are essential due to increased energy consumption [2].

广东领益智造股份有限公司 2024 年半年度业绩预告 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。 一、本期业绩预计情况 1、业绩预告期间:2024 年 1 月 1 日至 2024 年 6 月 30 日 | 项目 | 本报告期 | 上年同期 | |----------------------------|--------------------------------------|----------------------| | | 盈利: 68,000 万元 –78,000 万元 | | | 归属于上市公司股东的净利润 | | 盈利: 124,810 万元 | | | 比上年同期下降: 45.52%- 37.51% | | | | 盈利: 55,000 万元 –65,000 万元 | | | 扣除非经常性损益后的净利润 | | 盈利: 107,286 万元 | | | 比上年同期下降: 48.74%-39.41% | | | 基本每股收益 | 盈利: 0.10 元 / 股 –0.11 元 / 股 | 盈利: 0.18 元 / 股 | 2、预计的业绩:同向 ...