证券代码：002938 证券简称：鹏鼎控股 公告编号：2025-006 鹏鼎控股（深圳）股份有限公司 2025 年 1 月营业收入简报 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。 特别提示：鹏鼎控股(深圳)股份有限公司(以下简称"本公司"或"公司") 之间接控股股东臻鼎科技控股股份有限公司（以下简称"臻鼎科技"）为台湾 地区上市公司，臻鼎科技需按照台湾证券交易所相关规定，披露每月营业收入 数据。为使 A 股投资者能够及时了解公司的经营情况，本公司亦同步在深圳证 券交易所指定的信息披露媒体上披露本公司营业收入。 本简报为初步核算数据，未经会计师事务所审计或审阅，最终数据以公司 定期报告为准，敬请投资者注意投资风险。 公司 2025 年 1 月合并营业收入为人民币 270,315 万元，较去年同期的合并 营业收入增加 1.08%。 特此公告。 鹏鼎控股（深圳）股份有限公司 董 事 会 2025 年 2 月 7 日 ...

证券代码：002938 证券简称：鹏鼎控股 公告编号：2025-002 鹏鼎控股（深圳）股份有限公司 第三届董事会第十四次会议决议公告 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。 一、董事会会议召开情况 鹏鼎控股（深圳）股份有限公司（以下简称"本公司"或"公司"）第三届董事 会第十四次会议于 2025 年 1 月 20 日以通讯方式召开，相关会议通知及会议资料 已于 2025 年 1 月 14 日以电子邮件方式向公司全体董事发出，本次董事会会议应 出席董事 7 人，实际出席董事 7 人，会议由董事长沈庆芳主持。本次董事会的召 开符合《中华人民共和国公司法》（以下简称"《公司法》"）和《鹏鼎控股（深 圳）股份有限公司章程》（以下简称"《公司章程》"）的相关规定。 二、董事会会议审议情况 本次会议经过充分讨论，经董事以记名投票方式表决，作出如下决议： 1、审议通过《关于预计公司 2025 年度日常关联交易的议案》 表决结果：5 票赞成，0 票反对，0 票弃权，董事长沈庆芳为公司关联方臻 鼎科技控股股份有限公司董事长、董事游哲宏在公司关联方鸿海精密工业股份有 限 ...

第三条 市值管理的基本原则包括： （一）合规性原则：公司应当在严格遵守相关法律法规、规范性文件、自律监管 规则以及《公司章程》等内部规章制度的前提下开展市值管理工作。 （二）系统性原则：公司应当按照系统思维、整体推进的原则，协同公司各业务 体系以系统化方式持续开展市值管理工作。 （三）科学性原则：上市公司的市值管理有其规律，应当依其规律进行科学管理， 科学研判影响公司投资价值的关键性因素，以提升上市公司质量为基础开展市值 管理工作。 鹏鼎控股（深圳）股份有限公司 市值管理制度 第一章 总则 第一条 为加强鹏鼎控股（深圳）股份有限公司（以下简称"公司"）市值管理， 切实推动公司投资价值提升，增强投资者回报，维护投资者利益，根据《中华人 民共和国公司法》《中华人民共和国证券法》《上市公司信息披露管理办法》《上 市公司监管指引第 10 号——市值管理》等法律法规、规范性文件和《鹏鼎控股 （深圳）股份有限公司章程》等规定，制定本制度。 第二条 本制度所称市值管理，是指公司以提高上市公司质量为基础，为提升投 资者回报能力和水平而实施的战略管理行为。 （四）常态性原则：上市公司的市值成长是一个持续的和动态的过程，公司将及 ...

证券代码：002938 证券简称：鹏鼎控股 鹏鼎控股(深圳)股份有限公司 投资者关系活动记录表 | --- | --- | --- | --- | --- | --- | --- | --- | |----------------------|-----------------------------------------------------------------------------------------|-----------|------------------------------------------|-------|--------|---------|-------| | | | | | | 编号： | 2024-08 | | | 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（ 2024 交流） | | 深圳辖区上市公司投资者网上集体接待日 | | | ...

Summary of the Conference Call Company Overview - The conference was hosted by Dongwu Electronics, featuring a presentation by Hou, the CEO of Pengding Holdings, discussing the company's recent performance and future plans [1] Industry and Business Segments Business Segments Performance - **Communications Electronics**: Revenue for the first three quarters reached 15.7 billion, with a year-on-year growth of 9.5% [2] - **Consumer Electronics and Computing**: Revenue was 6.9 billion, showing a year-on-year increase of 22% [2] - **Automotive and Server Boards**: Revenue was 729 million, with a remarkable year-on-year growth of 102% [2] - Overall, all three business segments demonstrated stable growth, particularly the automotive and server segment, which is expected to generate nearly 1 billion in revenue for the entire year [2] Fourth Quarter Outlook - The combined revenue for October and November was 8.8 billion, indicating a year-on-year growth [3] - The fourth quarter is expected to maintain a stable performance similar to the previous year, with projected revenue around 11.6 billion [3] - The PCB industry is experiencing a mild recovery, with new product launches from clients not significantly upgrading hardware [3] Future Expectations Product Innovations and Market Trends - Anticipation for next year's AI product launches, which are expected to drive significant changes in hardware and PCB products [3][4] - Confidence in continued market share growth due to being a full-category supplier [4] - Capital expenditure plans are being finalized, with expectations for improved performance in consumer electronics and computing segments [4] AI Integration - The introduction of AI functionalities is expected to enhance product performance and sales in the consumer electronics sector, particularly in smartphones, which accounted for nearly 70% of revenue last year [11] - The company is increasing investments in high-value products and expects a positive growth trajectory in the coming year [11] Capital Expenditure and Production Capacity - The company has invested several hundred million in automotive electronics production capacity, with plans for further expansion in Thailand [10] - The capital expenditure for next year is still being finalized, but significant investments are anticipated in high-end PCB production [10][21] Market Dynamics - The trend towards higher precision and performance in PCB products is expected to continue, driven by innovations in consumer electronics and computing [20] - The market share for consumer electronics and computing has been steadily increasing, from 30% in 2020 to 36% in 2022, with expectations for further growth [21] Conclusion - The conference highlighted the company's strong performance across various segments, optimistic future growth driven by AI integration, and ongoing investments in production capacity and technology [23]

Investment Rating - The report assigns a "Buy" rating for the company, marking its first coverage [8]. Core Insights - The company is positioned to capitalize on the AI development wave, focusing on high-end products. The growth of AI servers is expected to drive the PCB product market, particularly enhancing the demand for HDI products. The launch of AI-enabled PCs and smartphones in 2024 is anticipated to rejuvenate the consumer electronics market, leading to increased sales and technological advancements in electronic components [10]. - The company has shown resilience in expanding its market share despite industry pressures, particularly in the smartphone and consumer electronics sectors. Following a downturn, the consumer electronics market is showing signs of recovery, with the PC segment experiencing growth after eight consecutive quarters of decline [10]. Financial Projections - The company is projected to achieve net profits of 35.4 billion, 41.2 billion, and 46.1 billion yuan for the years 2024, 2025, and 2026 respectively [11]. - Revenue forecasts indicate a recovery with expected revenues of 36.02 billion, 41.01 billion, and 45.02 billion yuan for 2024, 2025, and 2026, reflecting growth rates of 12.32%, 13.85%, and 9.79% respectively [12]. - The company's earnings per share (EPS) are projected to increase from 1.53 yuan in 2024 to 1.99 yuan in 2026, with corresponding price-to-earnings (P/E) ratios decreasing from 22.88 to 17.58 [12][14].

证券代码：002938 证券简称：鹏鼎控股 公告编号：2024-075 鹏鼎控股（深圳）股份有限公司 关于参加 2024 年度深圳辖区上市公司集体接待日活动的公告 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。 为进一步加强与投资者的互动交流，鹏鼎控股（深圳）股份有限 公司（以下简称"公司"）将参加由深圳证监局和深圳证券交易所指 导、深圳上市公司协会与深圳市全景网络有限公司联合举办的"2024 年度深圳辖区上市公司集体接待日"活动，现将相关事项公告如下： 本次活动将采用网络远程的方式举行，投资者可登录"全景路演" 网站（https://rs.p5w.net），或关注微信公众号：全景财经，或下 载全景路演APP,参与本次互动交流，活动时间为2024 年12 月12 日 （周四）14:30-17:00。届时公司董事、高管将在线就公司治理、发 展战略、经营状况和可持续发展等投资者关心的问题，与投资者进行 沟通与交流，欢迎广大投资者踊跃参与！ 特此公告！ 鹏鼎控股（深圳）股份有限公司 董 事 会 2024 年 12 月 7 日 ...

证券代码：002938 证券简称：鹏鼎控股 公告编号：2024-076 鹏鼎控股（深圳）股份有限公司 2024 年 11 月营业收入简报 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。 特别提示：鹏鼎控股(深圳)股份有限公司(以下简称"本公司"或"公司") 之间接控股股东臻鼎科技控股股份有限公司（以下简称"臻鼎科技"）为台湾 地区上市公司，臻鼎科技需按照台湾证券交易所相关规定，披露每月营业收入 数据。为使 A 股投资者能够及时了解公司的经营情况，本公司亦同步在深圳证 券交易所指定的信息披露媒体上披露本公司营业收入。 本简报为初步核算数据，未经会计师事务所审计或审阅，最终数据以公司 定期报告为准，敬请投资者注意投资风险。 公司 2024 年 11 月合并营业收入为人民币 404,517 万元，较去年同期的合并 营业收入增加 0.79%。 特此公告。 鹏鼎控股（深圳）股份有限公司 董 事 会 2024 年 12 月 7 日 ...

Investment Rating - The report gives a "Buy" rating for the company, marking its first coverage [1]. Core Views - The company, Pengding Holdings, is positioned to benefit from the AI phone trend, with expectations of entering a new growth cycle in the flexible printed circuit (FPC) segment [1]. - The company experienced a short-term performance decline in 2023 due to industry factors, but is projected to see significant revenue and profit growth in 2024 as overseas clients ramp up orders [1]. - The FPC segment is expected to see a rise in both volume and price due to advancements in AI technology, which will enhance the company's market share in the supply chain of major clients [1]. Summary by Sections 1. PCB Leading Manufacturer, Short-term Profit Pressure - Pengding Holdings is a leading PCB manufacturer with a diverse product line including FPC, SMA, SLP, HDI, Mini LED, and more, serving various sectors such as communication electronics and AI servers [1][71]. - The company faced a revenue drop to 32.1 billion yuan in 2023, a decrease of 11% year-on-year, and a net profit drop to 3.3 billion yuan, down 34% year-on-year [1][77]. 2. Flexible Printed Circuit (FPC) Layout and Growth - FPC is favored in the consumer electronics market due to its lightweight and flexible characteristics, making it suitable for compact devices [1][94]. - The growth of FPC has occurred in two phases: the first driven by the increase in smartphone penetration, and the second by the rising value of FPC in smartphones due to added features [1][102]. 3. Apple's Influence on FPC Development - Apple has been a key driver in the FPC market, continuously increasing the unit value of FPC in its devices, with the number of FPC units in iPhones growing from 10 in iPhone 4 to 30 in iPhone 12 [1][107]. - The company maintains a significant market share in Apple's supply chain, estimated at around 33% from 2016 to 2019 [1][112]. 4. Advantages from Early Entry and Shareholder Support - The company benefits from stable production yields and a strong order base, supported by its major shareholder, Foxconn, which provides a vast customer network [1][115]. - The FPC industry has high entry barriers due to the need for significant capital investment and technological expertise, which favors established players like Pengding [1][122]. 5. Profit Forecast and Valuation - The report forecasts net profits for 2024, 2025, and 2026 to be 3.5 billion, 4.1 billion, and 4.7 billion yuan respectively, with corresponding P/E ratios of 20, 17, and 15 times [1].