Investment Rating - The report maintains a rating of "Accumulate" for the company [4][22]. Core Views - The company reported a revenue of 363 million yuan in Q1 2024, representing a year-on-year growth of 17.87%, and a net profit attributable to the parent company of 53 million yuan, up 69.19% year-on-year [3]. - The overall revenue for 2023 reached 1.572 billion yuan, marking a year-on-year increase of 20.83%, with a net profit of 256 million yuan, up 54.11% [10]. - The company is experiencing a recovery in downstream demand, particularly in consumer electronics, new energy, smart manufacturing, and 5G commercial technologies, which are driving new growth points [9]. - The gross profit margin for the company improved to 35.82% in 2023, an increase of 6.37 percentage points year-on-year, with specific product lines such as electronic packaging thin carrier tape achieving a gross margin of 40.52% [17]. Financial Summary - The company expects to achieve a net profit of 334 million yuan in 2024, corresponding to a PE ratio of 26.0, and 464 million yuan in 2025, with a PE ratio of 18.7 [22]. - The projected revenue for 2024 is 2.006 billion yuan, with a year-on-year growth of 27.6%, and for 2025, it is expected to reach 2.712 billion yuan, growing by 35.2% [16]. - The company’s return on equity (ROE) is projected to increase from 8.6% in 2023 to 10.5% in 2024 and further to 14.6% by 2026 [16].

Investment Rating - The investment rating for the company is upgraded to "Accumulate" from "Buy" [15][25]. Core Insights - In 2023, the company achieved a revenue of 1.572 billion yuan, representing a year-on-year growth of 20.83%, and a net profit attributable to the parent company of 256 million yuan, up 54.11% year-on-year. The gross margin improved to 35.82%, an increase of 6.37 percentage points from the previous period [5][31]. - The fourth quarter saw a significant revenue increase of 44.37% year-on-year, with a net profit growth of 416.85%, marking the highest quarterly growth since the company went public, indicating a clear recovery in the paper carrier tape business [5][31]. - The company is successfully advancing the verification of MLCC release films, which are expected to gradually ramp up in production [6][27]. Financial Performance Summary - The company reported a gross margin of 35.82% for 2023, compared to 29.45% in the previous year, reflecting a strong improvement in profitability [5]. - The revenue forecast for 2024, 2025, and 2026 has been adjusted to 353 million, 395 million, and 465 million yuan respectively, down from previous estimates due to lower-than-expected smartphone demand [25]. - The company's paper carrier tape business utilization rate has shown significant improvement, with expectations of reaching around 80% in the second quarter of 2024 [16][25]. Business Development - The company is expanding its production capacity for optical-grade BOPET films and has made progress in the verification of MLCC release films with major clients in Japan and South Korea [27]. - The second phase of the BOPET film project is set to double the production capacity, with installation expected to be completed by the end of 2024 [27]. - The company is also enhancing its production environment and technology to reduce manufacturing costs and improve efficiency [33].

Financial Performance - The company's operating revenue for Q1 2024 was ¥363,262,862.18, representing a year-on-year increase of 17.87% compared to ¥308,195,598.58 in the same period last year[16] - Net profit attributable to shareholders for Q1 2024 was ¥53,310,482.93, reflecting a year-on-year growth of 69.19% from ¥31,509,756.70[16] - The gross profit margin improved due to the recovery in the electronic information industry and increased order volume, leading to a rise in operating profit by 66.27% year-on-year[11] - The company reported a total profit of ¥54,644,446.84, up from ¥33,157,443.33, indicating an increase of approximately 64.8%[30] - The company’s comprehensive income for the quarter was ¥49,360,337.34, compared to ¥31,081,398.72, representing an increase of approximately 58.8%[30] - Basic and diluted earnings per share for the current period were both ¥0.12, compared to ¥0.07 in the previous period, reflecting a 71.4% increase[45] Research and Development - Research and development expenses increased by 98.02% year-on-year, primarily due to increased investment in the development of high-end polyester films and other domestic alternative electronic-grade film materials[11] - Research and development expenses surged to ¥38,672,796.83, compared to ¥19,530,113.28, indicating an increase of about 97.9%[30] Cash Flow and Liquidity - Cash flow from operating activities increased by 53.58% year-on-year, attributed to the growth in operating revenue and timely collection of accounts receivable[13] - The company's cash and cash equivalents net increase was 173.32% year-on-year, mainly due to timely collection of payments and reduced loan repayments compared to the previous year[20] - Cash inflow from operating activities increased to $449.46 million, up 53.61% from $292.66 million in the previous period[10] - Cash outflow from operating activities rose to $366.01 million, a 89.12% increase compared to $193.53 million last year[10] - The net cash increase for the period was $180.43 million, contrasting with a decrease of $246.10 million in the previous period[32] - Cash and cash equivalents at the end of the period totaled $749.99 million, compared to $839.41 million at the end of the previous period[32] Assets and Liabilities - The company's total assets at the end of the reporting period were ¥5,333,428,258.78, a 3.53% increase from ¥5,151,369,379.25 at the end of the previous year[16] - Total assets increased to ¥5,333,428,258.78, up from ¥5,151,369,379.25, representing a growth of approximately 3.53%[26] - Current assets rose to ¥1,710,218,569.65, compared to ¥1,573,530,876.43, marking an increase of about 8.69%[26] - Non-current assets totaled ¥3,623,209,689.13, up from ¥3,577,838,502.82, reflecting a growth of around 1.27%[26] - Total liabilities decreased to ¥775,942,950.37 from ¥892,618,494.65, showing a reduction of approximately 13.06%[26] - Total liabilities increased to ¥2,339,405,928.91 from ¥2,172,637,373.50, marking a rise of 7.7%[42] - Non-current liabilities totaled ¥1,563,462,978.54, an increase of 22.1% from ¥1,280,018,878.85[42] Shareholder Information - The controlling shareholder, Zhejiang Yuanlong Equity Investment Management Group Co., Ltd., holds 201,421,240 shares, accounting for 46.54% of the total share capital[38] - The company has a total share capital of 432,822,305 shares as of March 29, 2024[38] - The number of common shareholders at the end of the reporting period was 16,227, with the top 10 shareholders holding significant stakes[36] - The top shareholder, Zhejiang Yuanlong, holds 8.04% of its shares through margin trading accounts[38] - The total number of shares held by Wu Tie is 3,370,000, representing 0.78% of the total share capital[38] Other Financial Metrics - The company's long-term borrowings increased by 43.65% compared to the beginning of the period, reflecting an increase in medium and long-term loans[19] - The company reported a decrease in prepayments from ¥23,575,148.29 to ¥13,274,861.32, a decline of approximately 43.7%[39] - Financial expenses decreased to ¥3,250,376.07 from ¥6,877,930.79, a reduction of about 52.8%[30] - Deferred income tax liabilities rose to ¥65,602,494.90 from ¥61,805,857.57, an increase of 4.5%[42] Accounting and Reporting - The company has not disclosed any new strategies or product developments in the current report[40] - The company has not yet audited the first quarter report for 2024[47] - The company executed new accounting standards starting in 2024, impacting the financial statement items[47]

证券代码：002859 证券简称：洁美科技 公告编号：2024-040 债券代码：128137 债券简称：洁美转债 （问题征集专题页面二维码） 公司董事会及管理层衷心感谢广大投资者对公司的关注与支持，欢迎广大投 资者积极参与本次网上业绩说明会。 特此公告。 浙江洁美电子科技股份有限公司 浙江洁美电子科技股份有限公司 关于召开 2023 年度暨 2024 年第一季度业绩说明会的公告 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。 浙江洁美电子科技股份有限公司（以下简称"洁美科技"或"公司"）已于2024 年4月16日及2024年4月23日在公司指定信息披露媒体正式披露了《2023年年度报 告》《2023年年度报告摘要》及《2024年第一季度报告》。为了让广大投资者能 进一步了解公司2023年度及2024年第一季度经营情况，公司定于2024年4月26日 （星期五）15:00～17:00在深圳证券交易所"互动易平台"举办2023年度暨2024年 第一季度业绩说明会。本次业绩说明会将采用网络远程的方式举行，投资者可登 陆深圳证券交易所"互动易平台"（https://i ...

证券代码：002859 证券简称：洁美科技 公告编号：2024-038 债券简称：128137 债券代码：洁美转债 浙江洁美电子科技股份有限公司 关于为全资子公司提供担保的公告 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。 重要提示： 1、被担保人：天津洁美电子信息材料有限公司 2、截至公告日，浙江洁美电子科技股份有限公司（以下简称"本公司"或"公司"）为 子公司提供的担保额度总金额为181,700.00万元（含本次担保金额，且均为对本公司合并报表 范围的主体的担保），占公司最近一期经审计净资产的比例为61.00%；本公司为子公司担保 总余额（担保实际确认额，含本次担保）为124,413.37万元，占公司最近一期经审计净资产的 比例为41.77%。其中，本公司为天津洁美电子信息材料有限公司贷款本金为人民币67,000万 元的债务提供连带责任保证，本次担保占公司最近一期经审计净资产的22.49%。 3、本次是否有反担保：否 4、公司对外担保逾期的累计金额：无 一、担保情况概述 （一）审议程序 浙江洁美电子科技股份有限公司分别于2023年4月10日、2023年5 ...

2023 年度持续督导工作定期现场检查报告 中信证券股份有限公司 关于浙江洁美电子科技股份有限公司 | 1.是否按照相关规定建立内部审计制度并设立内部审计部门 | √ | | --- | --- | | 2.是否在股票上市后六个月内建立内部审计制度并设立内部审 | √ | | 计部门 | | | 3.内部审计部门和审计委员会的人员构成是否合规 | √ | | 4.审计委员会是否至少每季度召开一次会议，审议内部审计部门 | √ | | 提交的工作计划和报告等 | | | 5.审计委员会是否至少每季度向董事会报告一次内部审计工作 | √ | | 进度、质量及发现的重大问题等 | | | 6.内部审计部门是否至少每季度向审计委员会报告一次内部审 | √ | | 计工作计划的执行情况以及内部审计工作中发现的问题等 | | | 7.内部审计部门是否至少每季度对募集资金的存放与使用情况 | √ | | 进行一次审计 | | | 8.内部审计部门是否在每个会计年度结束前二个月内向审计委 | √ | | 员会提交次一年度内部审计工作计划 | | | 9.内部审计部门是否在每个会计年度结束后二个月内向审计委 | √ | | 员 ...

中信证券股份有限公司 关于浙江洁美电子科技股份有限公司 2023年度保荐工作报告 | （3）现场检查发现的主要问题及整改情况 | 无 | | --- | --- | | 6、发表专项意见情况 | | | （1）发表专项意见次数 | 6次 | | （2）发表非同意意见所涉问题及结论意见 | 不适用 | | 7、向深圳证券交易所报告情况（现场检查报告除 | | | 外） | | | （1）向深圳证券交易所报告的次数 | 无，除按规定出具的核查意见外，不存在其他需 | | | 向交易所报告的情形 | | （2）报告事项的主要内容 | 不适用 | | （3）报告事项的进展或者整改情况 | 不适用 | | 8、关注职责的履行情况 | | | （1）是否存在需要关注的事项 | 不适用 | | （2）关注事项的主要内容 | 不适用 | | （3）关注事项的进展或者整改情况 | 不适用 | | 9、保荐业务工作底稿记录、保管是否合规 | 是 | | 10、对上市公司培训情况 | | | （1）培训次数 | 1次 | | （2）培训日期 | 2023年12月22日 根据《证券发行上市保荐业务管理办法（2023年 | | | 修 ...

浙江洁美电子科技股份有限公司 2023 年度财务决算报告 2023 年，在公司董事会的正确领导下，在管理层以及全体员工的共同努力 下，公司继续保持稳定良好的发展态势。现将公司 2023 年度财务决算报告向董 事会汇报如下： 一、2023 年度财务报表的审计情况 公司 2023 年度财务报表已经天健会计师事务所审计，经过审计，会计师认 为本公司的财务报表在所有重大方面按照企业会计准则的规定编制，公允反映了 本公司 2023 年 12 月 31 日的财务状况以及 2023 年度的经营成果和现金流量，并 出具了天健审[2024]1816 号标准无保留意见的审计报告。 | 项目 | 年度 2023 | 年度 2022 | 增减变动 | | --- | --- | --- | --- | | 营业收入（元） | 1,572,267,243.15 | 1,301,182,813.34 | 20.83% | | 归属于上市公司股东的净利润（元） | 255,619,754.84 | 165,869,772.08 | 54.11% | | 归属于上市公司股东的扣除非经常 性损益的净利润（元） | 255,190,162.00 ...

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。 根据中国证监会发布的《上市公司监管指引第 2 号——上市公司募集资金管理和使用 的监管要求（2022 年修订）》（证监会公告〔2022〕15 号）和《深圳证券交易所上市公 司自律监管指引第 1 号——主板上市公司规范运作（2023 年 12 月修订）》（深证上〔2023〕 1145 号）的有关规定，浙江洁美电子科技股份有限公司（以下简称"洁美科技" 或"公司" ） 编制了截至 2023 年 12 月 31 日止募集资金年度存放与实际使用情况的专项报告。 一、募集资金基本情况 (一) 实际募集资金金额和资金到账时间 | 证券代码：002859 | 证券简称：洁美科技 | 公告编号：2024-033 | | --- | --- | --- | | 债券代码：128137 | 债券简称：洁美转债 | | 浙江洁美电子科技股份有限公司董事会 关于 2023 年度募集资金存放与实际使用情况的专项报告 根据中国证券监督管理委员会《关于核准浙江洁美电子科技股份有限公司非公开发行 股票的批复》（证监许可〔2022〕2868 号） ...

关于浙江洁美电子科技股份有限公司全资子公司 浙江洁美电子信息材料有限公司2024年度日常关联交易预计 中信证券股份有限公司 的核查意见 根据《证券发行上市保荐业务管理办法》、《深圳证券交易所股票上市规则》 等有关规定，作为浙江洁美电子科技股份有限公司（以下简称"洁美科技"或"公 司"）非公开发行 A 股股票的保荐机构，中信证券股份有限公司（以下简称"中 信证券"或"保荐机构"）对公司全资子公司浙江洁美电子信息材料有限公司（以 下简称"浙江洁美电材"）2024 年度日常关联交易预计事宜进行了认真、审慎的 核查。核查的具体情况如下： 一、预计 2024 年度日常关联交易基本情况 （一）日常关联交易概述 公司全资子公司浙江洁美电子信息材料有限公司（以下简称"浙江洁美电 材"）根据电子专用原纸生产线的相关要求，需要采购日常生产所需的蒸汽能源 及服务。浙江洁美电材所在地安吉县安吉临港经济区唯一一家集中供热单位为 公司控股股东浙江元龙股权投资管理集团有限公司投资建设的安吉临港热电有 限公司（以下简称"临港热电"）。因此，浙江洁美电材拟向临港热电购买日常 生产所需的蒸汽能源及服务。 2024 年 4 月 12 日，公司召开 ...