关于召开2024年第二次临时股东大会的通知 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 江苏东华测试技术股份有限公司（以下简称"公司"或"本公司"）第五届 董事会第二十一次会议决定于2024年7月11日（星期四）召开2024年第二次临时 股东大会，现将本次会议有关事项通知如下： 一、召开会议基本情况 1、股东大会届次：江苏东华测试技术股份有限公司2024年第二次临时股东 大会。 2、召集人：公司董事会。 证券代码：300354 证券简称：东华测试 公告编号：2024-038 江苏东华测试技术股份有限公司 3、会议召开的合法性及合规性：经公司第五届董事会第二十一次会议审议 通过《关于提请召开公司2024年第二次临时股东大会的议案》，决定召开2024 年第二次临时股东大会，召集程序符合有关法律、行政法规、部门规章、规范性 文件和公司章程的规定。 4、会议召开的日期、时间： （1）现场会议召开时间为2024年7月11日（星期四）14：00。 （2）网络投票时间为2024年7月11日。其中，通过深圳证券交易所交易系统 进行网络投票的具体时间为2024年7月11日上 ...

证券代码：300354 证券简称：东华测试 公告编号：2024-032 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。 江苏东华测试技术股份有限公司（以下简称"公司"）于近日接到公司控股 股东、实际控制人刘士钢先生及其一致行动人罗沔女士的通知，获悉其所持有本 公司的部分股份办理了新增质押和解除质押的手续，现将有关情况公告如下： 二、本次解除质押的基本情况 | 股东 名称 | 是否为控股股东 或第一大股东及 其一致行动人 | 本次解除质押 股份数量（股） | 占其所持 股份比例 | 占公司总 股本比例 | 质押起始日 | 解除质押日期 | 质权人 | | --- | --- | --- | --- | --- | --- | --- | --- | | 罗沔 | 是 | 1,250,000 | 17.98% | 0.90% | 2022.06.24 | 2024.06.19 | 国泰君安 | | 罗沔 | 是 | 2,000,000 | 28.76% | 1.45% | 2023.06.20 | 2024.06.19 | 国泰君安 | | | 合计 | ...

北京市东城区 北三环东路 36 号环球贸易中 心 B 座 11 层 电话（Tel）： 52213236/7 邮编（P.C）： 100013 关 于 江 苏 东 华 测 试 技 术 股 份 有 限 公 司 2023 年 年 度 股 东 大 会 之 法 律 意 见 书 北 京 市 君 致 律 师 事 务 所 北京市东城区北三环东路 36 号环球贸易中心 B 座 11 层 邮编(100013) Add: 11/F, Tower B, Global Trade Center, No.36 North Third Ring Road East, Dongcheng District, Beijing, 100013, PRC Tel: 010-52213236/7 www.junzhilawyer.com 1 / 6 法律意见书 北京市君致律师事务所 关于江苏东华测试技术股份有限公司 2023年年度股东大会之法律意见书 致：江苏东华测试技术股份有限公司 江苏东华测试技术股份有限公司（以下简称"公司"）2023年年度股东大会（以下 简称"本次股东大会"）于2024年5月7日（星期二）下午14：00在公司一楼会议室召 开， ...

证券代码：300354 证券简称：东华测试 公告编号：2024-029 江苏东华测试技术股份有限公司 2023年年度股东大会决议公告 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。 2、现场会议召开地点：江苏省靖江市新港大道208号（沿江公路罗家港桥东 北侧）江苏东华测试技术股份有限公司一楼会议室。 3、会议召开方式：本次股东大会采用现场表决与网络投票相结合的方式召 开。 4、会议召集人：公司董事会。 特别提示： 1、本次股东大会未出现增加、变更或否决议案的情形。 2、本次股东大会不涉及变更以往股东大会已通过的决议。 一、会议召开和出席情况 （一）会议召开情况 1、会议召开时间 （1）现场会议召开时间为2024年5月7日（星期二）14：00。 （2）网络投票时间为2024年5月7日。其中，通过深圳证券交易所交易系统 进行网络投票的具体时间为2024年5月7日上午09:15—09:25、09:30－11:30，下 午13:00－15:00。通过深圳证券交易所互联网投票系统（http://wltp.cninfo.com.cn） 投票的具体时间为2024年5月7日0 ...

Investment Rating - The report maintains a "Buy" rating for the company, expecting a stock price increase of over 15% relative to the industry index in the next six months [28]. Core Views - The company has shown a recovery in Q1 2024 with a significant increase in revenue and net profit, indicating strong growth potential [2][3]. - The company is focusing on enhancing its sensor business and has made substantial investments in research and development, which is expected to drive future growth [4][8]. Financial Performance Summary - In 2023, the company achieved a revenue of 378 million yuan, a year-on-year increase of 3.03%, while the net profit was 88 million yuan, a decrease of 27.94% [2]. - For Q1 2024, the company reported a revenue of 104 million yuan, a year-on-year increase of 45.16%, and a net profit of 27 million yuan, a year-on-year increase of 165.70% [3]. - The projected revenues for 2024 to 2026 are 568 million yuan, 765 million yuan, and 959 million yuan, respectively, with corresponding net profits of 157 million yuan, 216 million yuan, and 272 million yuan [2][8]. Profitability Metrics - The company's gross profit margin for 2023 was 65.47%, with a net profit margin of 23.20% [3]. - In Q1 2024, the gross profit margin improved to 67.27%, and the net profit margin increased to 26.19% [3]. - The projected EPS for 2024 to 2026 is 1.14 yuan, 1.56 yuan, and 1.97 yuan, respectively [8]. Business Segment Performance - The company has diversified its business segments, with notable performance in the sensor production line and the development of new products aimed at emerging markets [4]. - The revenue from various business segments in 2023 included 222 million yuan from structural mechanics testing, 68 million yuan from structural safety monitoring, and 58 million yuan from electrochemical workstations, with the latter showing a significant growth of 87.41% [4].

证券代码：300354 证券简称：东华测试 公告编号：2024-028 江苏东华测试技术股份有限公司 关于回购股份实施结果暨股份变动的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 1 江苏东华测试技术股份有限公司（以下简称"公司"）于2023年10月25日召 开第五届董事会第十八次会议、第五届监事会第十七次会议，审议通过了《关于 回购公司股份方案的议案》，同意公司使用自有资金或自筹资金以集中竞价交易 方式回购公司部分人民币普通股A股股份（以下简称"本次回购"），用于后期 实施股权激励或员工持股计划。本次回购资金总额不低于人民币1,080万元（含）， 不超过人民币1,350万元（含），回购价格上限不超过人民币45元/股。具体回购 股份的资金总额以回购结束时实际回购的为准。本次回购实施期限为自公司董事 会审议通过本次回购股份方案之日起不超过6个月。具体内容详见公司于2023年 10月26日在巨潮资讯网上披露的《关于回购公司股份方案的公告》（公告编号： 2023-057）。 截至本公告披露日，公司回购股份方案已实施完毕。根据《上市公司股份回 购规则》和《深圳 ...

Investment Rating - The report maintains a "Buy" rating for Donghua Testing [9]. Core Views - Donghua Testing's performance in Q1 2024 shows significant recovery with a 45.16% year-on-year increase in revenue and a 165.70% increase in net profit attributable to shareholders, indicating strong project acceptance and revenue recognition from previous orders [5][6]. - The company is focusing on domestic substitution and expanding new business areas, which are expected to drive substantial growth in 2024 [7][8]. - The gross margin and net margin improved in Q1 2024, reflecting enhanced profitability despite previous declines in 2023 [6]. Financial Performance Summary - In 2023, Donghua Testing achieved a revenue of 378 million yuan, a year-on-year increase of 3.03%, but net profit decreased by 27.94% to 88 million yuan [5]. - For Q1 2024, the company reported revenue of 104 million yuan, up 45.16% year-on-year, and net profit of 27 million yuan, up 165.70% [5]. - The gross margin for 2023 was 65.47%, with a slight decline, while Q1 2024 saw an improvement to 67.26% [6]. Business Development Summary - Donghua Testing is leveraging its core technology in structural mechanics testing to expand into high-end markets and enhance its competitive edge against foreign products [7]. - The company is actively developing new sensor products and optimizing existing production lines, which are expected to contribute to long-term growth [8]. - The electrochemical workstation business has shown rapid growth, with ongoing investments in new technologies to enrich the product portfolio [8]. Earnings Forecast - The report projects net profits of 210 million yuan and 300 million yuan for 2024 and 2025, respectively, with corresponding price-to-earnings ratios of 28x and 19x [8].

Investment Rating - The report maintains a "Strong Buy" rating for the company, with a target price of approximately 51.1 yuan based on a projected PE of 35 times for 2024 [4][24]. Core Views - The company reported a revenue of 378 million yuan in 2023, a year-on-year increase of 3.03%, and a net profit attributable to shareholders of 88 million yuan, a decrease of 27.9% year-on-year. For Q1 2024, the company achieved a revenue of 104 million yuan, a year-on-year increase of 45.2%, and a net profit of 27 million yuan, a significant increase of 165.7% year-on-year [14][24]. - The report highlights the optimistic growth outlook for the company's PHM (Prognostics and Health Management) business, driven by the modernization and intelligent development of weaponry and equipment, as well as the increasing penetration of industrial equipment monitoring and fault diagnosis in China [24]. - The company is focusing on the development of six-dimensional torque sensors, which are expected to enhance its capabilities in the sensor market, with applications in robotics, scientific research, and automated testing [24]. Financial Summary - The company’s total revenue projections for 2024, 2025, and 2026 are 646 million yuan, 854 million yuan, and 1,086 million yuan, respectively, representing year-on-year growth rates of 70.9%, 32.1%, and 27.2% [24]. - The net profit attributable to shareholders is projected to be 202 million yuan, 271 million yuan, and 352 million yuan for 2024, 2025, and 2026, respectively, with year-on-year growth rates of 130.7%, 33.8%, and 29.8% [24]. - The company’s financial ratios indicate a gross margin of 65.47% in 2023, with an expected slight increase to 66.4% in 2024 [24]. Key Financial Metrics - Total revenue (million yuan): 378 in 2023, projected 646 in 2024, 854 in 2025, and 1,086 in 2026 [5]. - Net profit (million yuan): 88 in 2023, projected 202 in 2024, 271 in 2025, and 352 in 2026 [5]. - Earnings per share (yuan): 0.63 in 2023, projected 1.46 in 2024, 1.96 in 2025, and 2.54 in 2026 [5].

Investment Rating - The report maintains a "Buy" rating for the company, indicating a positive long-term growth outlook despite short-term performance pressures [10]. Core Insights - The company's 2023 performance was impacted by delayed revenue recognition, leading to a 27.94% year-on-year decline in net profit [2][10]. - The company is focusing on expanding its sensor business and leveraging its core technologies in intelligent sensing and anti-interference testing [3][10]. - The revenue forecast for 2024 is set at 639.88 million yuan, representing a 69.20% increase compared to 2023 [10]. Financial Performance Summary - Total revenue for 2023 was 378.19 million yuan, a 3.03% increase from 2022, while net profit was 87.75 million yuan, down 27.94% year-on-year [10]. - The gross profit margin for 2023 was 65.47%, a decrease of 2.07 percentage points compared to the previous year [3]. - The company achieved a net profit margin of 23.2% in 2023, down 3.74 percentage points year-on-year [3]. Revenue Breakdown - In 2023, the structural mechanics performance testing analysis system generated revenue of 222 million yuan, up 2.95% year-on-year [10]. - The electrochemical workstation saw significant growth, with revenue increasing by 87.41% to 58 million yuan [10]. - The structural safety online monitoring and defense equipment PHM system experienced a revenue decline of 17.02%, totaling 68 million yuan [10]. Future Projections - The company expects to achieve a net profit of 201.42 million yuan in 2024, a substantial increase of 129.54% compared to 2023 [10]. - The projected earnings per share (EPS) for 2024 is 1.46 yuan, with a dynamic P/E ratio of 28.53 [10]. - The company anticipates continued growth in the sensor sector, which is expected to enhance long-term performance [3][10].

东华测试(300354) 2024 年 04 月 17 日 机械设备/通用设备 公司业绩短期承压，看好力矩传感器发展空间 公司发布 2023 年年报及 2024 年一季报，公司 2023 年实现营收 3.78 亿元， 同比增长 3.03%；实现归母净利润 0.88 亿元，同比下降 27.94%。公司 2024Q1 实现营收 1.04 亿元，同比增长 45.16%；实现归母净利润 0.27 亿元，同比 ➢ 23 年部分下游客户项目放缓，公司业绩略低于预期 ➢ 24Q1 下游客户项目有序推动，业绩实现较高增长 ➢ 力矩传感器为公司带来成长新空间 ➢ 盈利预测、估值与评级 | --- | --- | --- | --- | --- | --- | |----------------------------|--------|------------------------------|-----------------------------|--------------------|--------| | 财务数据和估值 | | | 2022 2023 2024E 2025E 2026E | | | | 营业收入 ...