Investment Rating - The investment rating for the company is "Buy (Maintain)" [4] Core Views - The company has shown significant improvement in profitability in 2023, with a focus on expanding its overseas business [6][7] - The company is actively pursuing new markets, particularly in Europe and Southeast Asia, which is expected to contribute to future growth [6][8] Financial Performance - In 2023, the company achieved a revenue of 1.771 billion yuan, a year-on-year increase of 17.59%, and a net profit of 607 million yuan, up 28.64% year-on-year [18] - The company's overall gross margin improved by 5.76 percentage points to 44.83%, and the net profit margin increased by 2.31 percentage points to 34.38% [7] - The revenue from smart metering and collection systems grew by 17.35% to 1.436 billion yuan, with a gross margin of 47.31% [7] Future Outlook - The company is expected to maintain steady growth in its smart meter business while actively expanding into overseas markets, indicating significant growth potential [8] - The forecasted net profits for 2024, 2025, and 2026 are 626 million yuan, 762 million yuan, and 886 million yuan respectively, with corresponding EPS of 1.23 yuan, 1.50 yuan, and 1.74 yuan [8][20] Market Position - The company is a major supplier and strategic partner for E.ON in Germany and Hungary, and is expanding its presence in the European market through its subsidiary LOGAREX [6] - The company has faced a decline in its bidding share for the first batch of smart meter tenders in 2024, with a winning bid amount of 161 million yuan compared to 345 million yuan in 2023 [19]

杭州炬华科技股份有限公司 董事会审计委员会对会计事务所 2023 年度履职情况评估 及履行监督职责情况的报告 （一）机构信息 | 事务所名称 | 致同会计师事务所（特殊普通合伙） | | | | | | | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 成立日期 | 2011 日 | 年 | 12 | 月 | 22 | 组织形式 | | | 特殊普通合伙 | | | | | | | | 注册地址 | 北京市朝阳区建国门外大街 22 | | | | | | | 号赛特广场五层 | | | | | | | | | 首席合伙人 | 李惠琦 上年末合伙人数量 | | | | | | | | 225 | | | | | 人 | | | 上年末执业人 | 注册会计师 | | | | | | | | 1,364 | | 人 | | | | | | 员数量 | 签署过证券服务业务审计报告的注册会计师 | | | | | | | | 超过 40 ...

证券代码：300360 证券简称：炬华科技 公告编号：2024-013 杭州炬华科技股份有限公司 第五届董事会第八次会议决议公告 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 杭州炬华科技股份有限公司（以下简称"公司"）于 2024 年 4 月 18 日以现 场表决与通讯表决相结合的方式在公司会议室召开了第五届董事会第八次会议。 会议通知已于 4 月 8 日以通讯方式发出。 会议应到董事 9 人，参加现场表决的董事 8 人，参加通讯表决的董事 1 人。 本次会议由董事长杨光先生召集和主持，公司监事会成员及高级管理人员列席了 会议，符合《公司法》及《公司章程》的有关规定。 二、董事会会议审议情况 经与会董事认真审议并表决，通过了以下决议： 1、审议《公司 2023 年度报告全文及摘要》 《2023 年年度报告全文》及《2023 年年度报告摘要》详见 2024 年 4 月 19 日巨潮资讯网（www.cninfo.com.cn）。 议案表决结果：9 票同意，0 票反对，0 票弃权。 本议案尚需提交 2023 年度股东大会审议。 2、审议《 ...

证券代码：300360 证券简称：炬华科技 公告编号：2024-019 杭州炬华科技股份有限公司 关于会计政策变更的公告 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。 特别提示： 本次会计政策变更对公司财务状况、经营成果和现金流量无重大影响。 本次会计政策变更前，公司执行财政部颁布的《企业会计准则——基本准则》 和各项具体会计准则、后续发布和修订的企业会计准则、企业会计准则应用指南、 企业会计准则解释以及其他相关规定。 （2）变更后采取的会计政策 本次会计政策变更后，公司将按照《企业会计准则解释第 16 号》要求执行。 除上述会计政策变更外，其余未变更部分仍执行财政部发布的《企业会计准则— —基本准则》和各项具体会计准则、企业会计准则应用指南、企业会计准则解释 以及其他相关规定。 解释第 16 号规定，对于不是企业合并、交易发生时既不影响会计利润也不 影响应纳税所得额（或可抵扣亏损）且初始确认的资产和负债导致产生等额应纳 税暂时性差异和可抵扣暂时性差异的单项交易，因资产和负债的初始确认所产生 的应纳税暂时性差异和可抵扣暂时性差异，应当根据《企业会计准则第 1 ...

证券代码：300360 证券简称：炬华科技 公告编号：2024-017 杭州炬华科技股份有限公司 关于续聘会计师事务所的公告 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。 杭州炬华科技股份有限公司（以下简称"公司"）于 2024 年 4 月 18 日召开 了第五届董事会第八次会议、第五届监事会第七次会议，审议通过了《关于续聘 会计师事务所的议案》。同意续聘致同会计师事务所（特殊普通合伙）（以下简 称"致同会计师事务所"）为公司 2024 年度审计机构，续聘期限为一年。该议 案尚需提交公司 2023 年度股东大会审议。现将具体情况公告如下： 一、拟续聘会计师事务所的基本情况 （一）机构信息 1、基本信息 项目合伙人、签字注册会计师、项目质量控制复核人近三年未因执业行为受 到刑事处罚。受到证监会及其派出机构、行业主管部门等的行政处罚、监督管理 措施，证券交易所、行业协会等自律组织的自律监管措施、纪律处分的具体情况 事务所名称 致同会计师事务所（特殊普通合伙） 成立日期 2011 年 12 月 22 日 组织形式 特殊普通合伙 注册地址 北京市朝阳区建国门外大街 ...

杭州炬华科技股份有限公司 独立董事 2023 年度述职报告 各位股东： 作为杭州炬华科技股份有限公司（以下简称"公司"）的独立董事，2023 年本人严格按照《公司法》《上市公司独立董事管理办法》等法律、法规及《公 司章程》《独立董事工作制度》的规定，积极参加公司召开的董事会和股东大会， 充分发挥独立董事的作用，忠实履行独立董事职责。现对 2023 年度履职情况作 如下汇报： 一、出席董事会、股东大会的次数及投票情况 1、出席董事会情况 报告期内，公司共召开了 6 次董事会，本人均按时以现场或通讯的方式出席 董事会会议，认真审议议案，并以谨慎的态度行使表决权，维护了公司的整体利 益和中小股东的利益，具体出席和投票情况如下： | 独立董事 | 应出席 现场出席 | 通讯出席 委托出席 | 缺席 | 是否连续两 | 投票情况 | | --- | --- | --- | --- | --- | --- | | | | | | 次未亲自出 | （投反对票次 | | 姓名 | 次数 次数 | 次数 次数 | 次数 | | | | | | | | 席会议 | 数） | | 郭峻峰 | 6 1 | 5 0 | 0 | 否 | ...

杭州炬华科技股份有限公司 独立董事 2023 年度述职报告 各位股东： 作为杭州炬华科技股份有限公司（以下简称"公司"）的独立董事，2023 年本人严格按照《公司法》《上市公司独立董事管理办法》等法律、法规及《公 司章程》《独立董事工作制度》的规定，忠实履行独立董事职责，出席董事会及 股东大会，对会议议题进行认真审议，并对相关事项发表独立意见，维护了公司 及全体股东利益。现对 2023 年度履职情况作如下汇报： 一、出席董事会、股东大会的次数及投票情况 1、出席董事会情况 报告期内，公司共召开了 6 次董事会，本人均按时以现场或通讯的方式出席 董事会会议，认真审议议案，并以谨慎的态度行使表决权，维护了公司的整体利 益和中小股东的利益，具体出席和投票情况如下： | 独立董事 | 应出席 | 现场出席 | 通讯出席 | 委托出席 | 缺席 | 是否连续两 | 投票情况 | | --- | --- | --- | --- | --- | --- | --- | --- | | 姓名 | 次数 | 次数 | 次数 | 次数 | 次数 | 次未亲自出 | （投反对票次 | | | | | | | | 席会议 | 数） ...

Financial Performance - The company's operating revenue for 2023 reached ¥1,771,339,675.53, representing a 17.59% increase compared to ¥1,506,317,498.39 in 2022[27]. - Net profit attributable to shareholders for 2023 was ¥607,292,587.78, up 28.64% from ¥472,093,697.21 in 2022[27]. - The net profit after deducting non-recurring gains and losses was ¥525,151,628.47, a significant increase of 47.54% from ¥355,927,478.34 in 2022[27]. - The company's cash flow from operating activities for 2023 was ¥561,191,834.61, reflecting a 6.32% increase from ¥527,841,422.35 in 2022[27]. - Basic earnings per share for 2023 were ¥1.2, a 27.66% increase compared to ¥0.94 in 2022[27]. - Total assets at the end of 2023 amounted to ¥4,405,690,274.30, a 9.10% increase from ¥4,038,109,855.07 at the end of 2022[27]. - The net assets attributable to shareholders at the end of 2023 were ¥3,616,594,564.45, up 18.26% from ¥3,058,097,567.32 at the end of 2022[27]. - The company's financial report has been confirmed as true, accurate, and complete by its board and management[4]. Dividend Distribution - The profit distribution plan approved by the board proposes a cash dividend of 5.0 RMB per 10 shares (including tax) based on a total of 509,314,626 shares[10]. - The cash dividend for the current period represents 100% of the total profit distribution amount[139]. - For the 2023 fiscal year, the proposed cash dividend is 5 RMB per 10 shares, amounting to 254,657,313.00 RMB (including tax), based on a total share capital of 509,314,626 shares[139]. - The company distributed a cash dividend of 2 RMB per 10 shares, totaling 100,877,425.20 RMB (including tax) for the 2022 fiscal year[137]. Market and Competition - The company is actively expanding into public energy metering, energy IoT, and power services, with a positive growth trend in user-end business despite intense competition[9]. - The company faces risks related to market competition as state-owned grid companies implement centralized bidding for smart energy meters and information collection systems[6]. - The company is recognized as one of the most technically influential and promising firms in the domestic energy metering industry, supported by a robust R&D team and numerous patents[47]. - The company is expanding its market presence in Southeast Asia, targeting a 10% market share by the end of 2024[105]. Research and Development - The company has a strong R&D capability due to its location in the Yangtze River Delta, which is rich in talent related to information technology and IoT[8]. - R&D expenses rose by 13.33% to ¥119,152,138.52, reflecting the company's commitment to innovation[65]. - The company's R&D investment amounted to ¥119,152,138.52 in 2023, representing 6.73% of total revenue, a slight decrease from 6.98% in 2022[68]. - The number of R&D personnel decreased by 0.54% to 369, while the proportion of R&D staff increased to 36.04% from 33.24%[68]. - The company plans to enhance its research and development efforts in various technologies, including public energy metering technology and smart charging technology[82]. Corporate Governance - The company emphasizes a strong corporate governance structure and an effective decision-making mechanism, ensuring sustainable and stable development[52]. - The board of directors is composed in accordance with legal requirements and operates independently, providing professional opinions through its specialized committees[89]. - The company has established a governance structure that guarantees equal rights for shareholders, especially minority shareholders[88]. - The company has a complete business system and independent operational capabilities, ensuring compliance with relevant laws and regulations[92]. - The company has established a clear framework for corporate governance, ensuring accountability and transparency in its operations[128]. Environmental and Social Responsibility - The company has committed to reducing carbon emissions and has implemented measures to monitor and control emissions, achieving zero significant environmental pollution incidents[181]. - The company donated 100,000 yuan to the Hangzhou Red Cross in 2023 and contributed 250,000 yuan to educational funds for local schools[185]. - The company actively participates in poverty alleviation efforts and has been recognized as an advanced unit in humanitarian fundraising by the Hangzhou Red Cross[185]. - The company has established a management system for energy conservation and carbon reduction, promoting sustainable practices across departments[182]. Future Outlook - Future outlook remains positive, with strategic initiatives expected to drive growth in the next fiscal year[96]. - The company has set a future revenue guidance of 1.8 billion RMB for the next fiscal year, indicating an expected growth of 20%[105]. - New product launches are anticipated in the upcoming quarters, aimed at enhancing competitive advantage[96]. - The company is actively pursuing mergers and acquisitions to strengthen its market position[96]. Employee Management - The company has established a comprehensive human resources management system, including performance evaluation and incentive mechanisms[134]. - The total number of employees at the end of the reporting period was 1,024, with 572 in the parent company and 452 in major subsidiaries[133]. - The company has developed a complete internal and external training system to foster a learning culture among employees[136]. - The company has implemented a stock incentive plan, with 4,427,500 shares vesting for 242 individuals as of June 21, 2023[141].

2024 年 4 月 18 日 监事会经认真审核，认为：公司现已建立了较为完善的内部控制体系，符合 国家相关的法律法规的要求以及公司生产经营管理的实际需要，并能得到有效执 行。内部控制制度在经营管理的各个过程和关键环节中起到了较好的防范和控制 作用，能够为编制真实、公允的财务报表提供合理的保证，能够对公司各项业务 的健康运行和公司经营风险的控制提供保证，维护了公司及股东的利益。公司 《2023 年度内部控制自我评价报告》真实客观地反映了公司内部控制制度的建 设及运行情况。 杭州炬华科技股份有限公司监事会 杭州炬华科技股份有限公司监事会 关于 2023 年度内部控制自我评价报告的核查意见 根据深圳证券交易所《上市公司内部控制指引》《公司章程》等有关规定， 杭州炬华科技股份有限公司（以下简称"公司"）监事会对《2023 年度内部控制 自我评价报告》进行了审议，发表如下审核意见： ...

杭州炬华科技股份有限公司 2023 年度监事会工作报告 2023 年，公司监事会根据《公司法》等法律法规和《公司章程》的有关规 定，认真履行监事会职责，积极开展公司治理监督活动，依法做好监督工作，对 公司决策程序、经营管理、财务状况及董事、高级管理人员履行职责等方面进行 了全面监督，切实维护公司利益和全体股东的权益。 一、2023 年度监事会的工作情况 （一）监事会全体监事依法列席了各次董事会会议，并对董事会会议的召开 和决策程序进行了监督。 （二）监事会积极关注公司经营管理的重大活动，监事列席公司 2023 年总 经理办公例会，参加经营工作会议，对公司的经营管理工作程序行使了监督职责。 （三）监事会认真履行监督财务的职能，认为公司建立健全了比较完善的内 控制度和内部审计制度，有力地保证了公司正常的经营管理工作的开展。 （四）2023 年监事会共召开了 5 次会议： 1、2023 年 1 月 5 日，召开了第五届监事会第一次会议，审议通过： （1）《关于选举公司第五届监事会主席的议案》 2、2023 年 4 月 21 日，召开了第五届监事会第二次会议，审议通过： （1）《公司 2022 年度报告全文及摘要》 ...