Financial Performance - Q3 revenue increased by nearly 20% year-over-year, with a 6% increase in gross margin [1] - Net profit was negatively impacted by two major expenses: equity incentive costs (10 million in Q3) and depreciation of new facilities (15 million in Q3) [1] - Excluding these expenses, net profit should have been around 17 million, with non-GAAP net profit growing approximately 100% year-over-year [1] Industry Trends - Laser industry grew nearly 40% year-over-year in the first three quarters, with 15% growth in the first half [1] - Home decoration sector grew 5% year-over-year, while metal cutting sector declined 5% year-over-year [1] - Servo systems grew 15% year-over-year, consistent with first half growth [1] Capacity and Facility Expansion - New facility in Minhang district has been completed, with partial relocation planned [1] - Unused space will be developed as a technology innovation park to increase asset utilization and generate supplementary income [2] Product Strategy and Differentiation - Focus remains on industrial applications, particularly machine tools [2] - Company has transitioned from standalone robot systems to providing control solutions for automation equipment [2] - Differentiates from competitors through multi-industry approach and open cooperation model [2] - Key technological advantages include multi-axis control, five-axis technology, CCD, and Phoenix platform's secondary development capabilities [2] Market Strategy - Laser cutting equipment market growth driven by strong export performance [3] - Strategy focuses on capturing new customers and leveraging brand influence from industry leaders to attract smaller clients [3] - Improved product matrix and performance in laser sector have strengthened market position [3] Profitability Analysis - Overall system product gross margin lower than competitors due to inclusion of lower-margin lathe systems [3] - Laser cutting system gross margin slightly lower than competitors by a few percentage points [3] Future Development - Primary focus remains on laser technology, capitalizing on its growth potential [2] - Secondary focus on metal cutting, particularly FE series products [2] - Continued emphasis on servo system development, recognizing significant potential in CNC field [2]

Financial Performance - The company's revenue for Q3 2023 was approximately ¥106.91 million, representing an increase of 18.80% compared to the same period last year[5]. - The net profit attributable to shareholders for Q3 2023 was approximately ¥1.05 million, a decrease of 66.73% year-on-year, significantly impacted by stock incentive costs of about ¥9.96 million[5]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was approximately ¥1.62 million, down 81.41% year-on-year[5]. - The total operating revenue for the third quarter of 2023 was CNY 325,002,806.02, an increase of 7.7% compared to CNY 302,062,278.33 in the same period last year[21]. - The net profit for the third quarter of 2023 reached CNY 50,154,995.14, representing a growth of 48.7% from CNY 33,717,394.80 in the previous year[22]. - The company's basic earnings per share for the third quarter were CNY 0.4618, up from CNY 0.3184 in the previous year, reflecting a growth of 45%[23]. Assets and Liabilities - The total assets as of September 30, 2023, were approximately ¥864.47 million, an increase of 0.87% from the end of the previous year[5]. - The company's total assets amounted to CNY 864,466,087.08, slightly up from CNY 856,989,101.38 at the end of the previous quarter[20]. - The total liabilities decreased to CNY 160,774,710.51 from CNY 204,246,593.42 in the previous year, indicating a reduction of approximately 21.3%[20]. - The total equity attributable to shareholders increased by 7.78% compared to the end of the previous year, reaching approximately ¥703.19 million[5]. - The total equity attributable to shareholders of the parent company rose to CNY 703,186,023.54 from CNY 652,442,094.06, marking an increase of 7.8%[20]. Cash Flow - The cash flow from operating activities for the first nine months of 2023 was approximately ¥77.07 million, a significant increase of 391.97% compared to the same period last year[10]. - Operating cash flow for the period reached ¥77,065,498.18, a significant increase from ¥15,664,789.93 in the previous period, reflecting a growth of approximately 390.5%[24]. - Total cash inflow from operating activities amounted to ¥352,801,736.02, compared to ¥337,271,500.06 in the prior period, indicating a year-over-year increase of about 4.5%[24]. - Cash outflow from operating activities decreased to ¥275,736,237.84 from ¥321,606,710.13, representing a reduction of approximately 14.3%[24]. - Cash flow from financing activities resulted in a net outflow of ¥40,064,927.04, compared to a net inflow of ¥16,548,658.73 in the prior period, indicating a shift in financing strategy[25]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 13,543[12]. - The largest shareholder, Tang Tongkui, holds 31.81% of shares, totaling 34,705,069 shares[12]. - The number of shares held by the top 10 unrestricted shareholders includes Tang Tongkui with 8,676,267 shares and Zheng Zhikai with 4,663,694 shares[13]. - The total number of restricted shares held by major shareholders remains at 50,608,826, with no changes during the reporting period[15]. Expenses - The company’s management expenses increased by 37.84% year-on-year, primarily due to increased depreciation from the completion of the smart manufacturing park[10]. - The company’s financial expenses increased by 130.22% year-on-year, mainly due to interest payments on bank loans[10]. - Research and development expenses for the third quarter were CNY 90,375,480.77, an increase of 10.5% compared to CNY 81,575,935.26 in the same period last year[21]. Inventory and Receivables - The company reported accounts receivable of 63,904,450.24, up from 45,547,262.88 at the beginning of the year[18]. - The company reported a 40.30% increase in accounts receivable, attributed to an increase in accounts receivable turnover days[9]. - The company's inventory decreased from 58,047,942.54 to 42,709,352.34, indicating a reduction in stock levels[18]. Stock Incentive Plan - The company completed the grant of its restricted stock incentive plan in July 2023, which began to impact Q3 net profit significantly[3]. - The company granted 3 million restricted stocks to 118 eligible participants on July 7, 2023, impacting net profit by approximately 9.96 million yuan in Q3[16].

3.本次董事会由董事长汤同奎先生主持，应出席董事 9 人，实际出席董事 9 人，全体监事和高管列席了本次会议。 4.本次董事会会议的召集、召开和表决程序符合《中华人民共和国公司法》 等法律、法规及《上海维宏电子科技股份有限公司章程》的有关规定，合法有效。 证券代码：300508 证券简称：维宏股份 公告编号：2023-050 上海维宏电子科技股份有限公司 第四届董事会第十二次会议决议公告 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 1.本次董事会由董事长汤同奎先生召集，会议通知于 2023 年 10 月 8 日以 即时通讯、电子邮件等通讯方式发出。 2.本次董事会于 2023 年 10 月 18 日在公司会议室以现场和通讯相结合的方 式召开。 上海维宏电子科技股份有限公司董事会 2023 年 10 月 18 日 二、董事会会议审议情况 1．审议通过了《关于公司<2023 年第三季度报告>的议案》 公司《2023 年第三季度报告》的编制程序符合法律、行政法规和中国证监 会、深圳证券交易所的相关法律法规、规范性文件的规定，报告内容真实、 ...

证券代码：300508 证券简称：维宏股份 公告编号:2023-051 上海维宏电子科技股份有限公司 1．审议通过了《关于公司<2023 年第三季度报告>的议案》 经审议，监事会认为：公司董事会对《2023 年第三季度报告》的编制和审 议程序符合法律、法规和《公司章程》的有关规定，其内容与格式符合中国证监 会和深圳证券交易所的各项规定，所包含的信息真实、准确、完整地反映了公司 的实际情况，不存在虚假记载、误导性陈述或重大遗漏。 第四届监事会第十二次会议决议公告 本公司及监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。 一、监事会会议召开情况 1.本次监事会由监事长张珊珊女士召集，会议通知于 2023 年 10 月 8 日以即 时通讯、电子邮件等通讯方式发出。 2.本次监事会于 2023 年 10 月 18 日在公司会议室以现场会议方式召开。 3.本次会议应出席监事 3 人，实际出席监事 3 人。 4.本次监事会由监事长张珊珊女士主持，公司全体监事出席了本次监事会， 董事会秘书列席了本次监事会。 5.本次监事会会议的召集、召开和表决程序符合《中华人民共和国公司法》 等法律 ...

上海维宏电子科技股份有限公司投资者关系活动记录表 | --- | --- | --- | |-----------------|--------------------------|------------| | 证券代码:300508 | | | | 投资者关系活 | 特定对象调研 □分析师会议 | | | 动类别 | □媒体采访 □业绩说明会 | | | | □新闻发布会 □路演活动 | | | | □现场参观 □其他 | | | 参与单位名称 | | | | 及人员姓名 | 生资产—唐良炯;未来资产— | Marcus CHU | | 时间 | 2023 年 9 月 18 日 | | | 地点 | 公司会议室 | | | 上市公司接待 | 董事会秘书刘明洲 | | | 人员姓名 | | | 主要交流内容如下: 1、2023 年上半年度整体业绩情况以及各行业增长概况? 回复:2023 年上半年度,公司实现营业收入 2.18 亿元,同比增长 3%; 归属于上市公司股东净利润 4,933.03 万元,同比增长 56%;归属于上 市公司股东的扣除非经常性损益后的净利润 4,586.88 万元,同比增长 56%。 ...

上海维宏电子科技股份有限公司投资者关系活动记录表 | --- | --- | --- | |-----------------|--------------------------|-------------------| | 证券代码:300508 | | 证券简称:维宏股份 | | 投资者关系活 | 特定对象调研 □分析师会议 | | | 动类别 | □媒体采访 □业绩说明会 | | | | □新闻发布会 □路演活动 | | | | □现场参观 □其他 | | | 参与单位名称 | | | | 及人员姓名 | | | | 时间 | 2023 年 9 月 7 日 | | | 地点 | 公司会议室 | | | 上市公司接待 | 董事会秘书刘明洲 | | | 人员姓名 | | | 主要交流内容如下: 1、公司上半年度各行业增长情况? 回复:上半年度按照行业分,激光同比增长 40%左右;家装同比增长 13%左右;金属切割,同比下降 19%左右;伺服,同比增长 5%左右。 从运营主体看,收入端,上海同比增长 12%,南京同比下滑 22%。 2、和柏楚相比,你们的市场份额是不是在下滑? 回复:上半年他们财报确实不错, ...

上海维宏电子科技股份有限公司投资者关系活动记录表 | --- | --- | |------------------|--------------------| | 证券代码：300508 | 证券简称：维宏股份 | | 投资者关系活 | | | 动类别 | | | | | | | | | 参与单位名称 | | | | | | 及人员姓名 | | | 时间 | | | 地点 | | | 上市公司接待 | | | 人员姓名 | | 主要交流内容如下： 1、激光增长的原因是什么？ 回复：上半年整个激光切割设备市场保持很好的增长态势，其中有一个 原因是整机设备出口很好。我们增长除了行业因素之外，一个是次新客 户采购份额的提升。一些这一两年新拓展的客户，他们从我们这边的采 购额逐渐提升，占比提升。还有一个是，抓头部、树品牌从而带动中小 客户的策略效果显现。由于行业头部企业的使用，带动了一些中小企业 采购。核心因素是，我们激光领域产品矩阵更加完善，产品性能更加优 秀。 投资者关系活 动主要内容介 2、激光领域，你们能突破的原因是什么？ 绍 回复：有行业的原因，之前激光切割控制系统厂家只有一家。行业也希 望有更多的系统厂 ...

上海维宏电子科技股份有限公司投资者关系活动记录表 证券代码：300508 证券简称：维宏股份 | --- | --- | |--------------|-----------------------------------------------------| | 投资者关系活 | | | 动类别 | | | | | | | | | 参与单位名称 | | | | 朗程投资—古勇平；中金公司—张贤、鲁烁；景顺—夏毅超。 | | 及人员姓名 | | | 时间 | | | 地点 | | | 上市公司接待 | | | 人员姓名 | | 主要交流内容如下： 1、激光增长的原因是什么？ 回复：上半年整个激光切割设备市场保持很好的增长态势，其中有一个 原因是整机设备出口很好。我们增长除了行业因素之外，一个是次新客 户采购份额的提升。一些这一两年新拓展的客户，他们从我们这边的采 购额逐渐提升，占比提升。还有一个是，抓头部、树品牌从而带动中小 客户的策略效果显现。由于行业头部企业的使用，带动了一些中小企业 采购。核心因素是，我们激光领域产品矩阵更加完善，产品性能更加优 秀。 投资者关系活 动主要内容介 2、激光领域，你们能突 ...

上海维宏电子科技股份有限公司投资者关系活动记录表 证券代码：300508 证券简称：维宏股份 | --- | --- | --- | |--------------|----------------------------------|-----------------------------------------------------| | 投资者关系活 | | | | 动类别 | □媒体采访 □业绩说明会 | | | | □新闻发布会 □路演活动 | | | | □现场参观 □其他 | | | 参与单位名称 | | 中海基金—姚晨曦；宁银理财—丁雨婷；中泰证券—张晨飞； | | 及人员姓名 | 青骊投资—张哲源；亘曦资产—金榜。 | | | 时间 | 2023 年 8 月 22 日 | | | 地点 | 公司会议室 | | | 上市公司接待 | 董事会秘书刘明洲 | | | 人员姓名 | | | 主要交流内容如下： 1、激光增长的原因是什么？ 回复：上半年整个激光切割设备市场保持很好的增长态势，其中有一个 原因是整机设备出口很好。我们增长除了行业因素之外，一个是次新客 户采购份额的提升。一些这一两年新 ...

上海维宏电子科技股份有限公司投资者关系活动记录表 | --- | --- | --- | --- | |------------------|---------------------------|-------------------|----------------------------------| | 证券代码：300508 | | | 证券简称：维宏股份 | | 投资者关系活 | □特定对象调研 □分析师会议 | | | | 动类别 | □媒体采访 □业绩说明会 | | | | | □新闻发布会 □路演活动 | | | | | 现场参观 □其他 | | | | 参与单位名称 | 上海桀新-薛近秋；广发证券 | -李凤；国泰君安 | -冯倩钰；中嘉科 | | | 技-黄溪；香港长盈基金 | - | 兰宏臣、周河蛟、兴瀚、徐旭俊；兴 | | 及人员姓名 | 业证券-冯丽霞；国信证券 | -雎久伟；广发期货 | -宛学辉、冯雯雯； | | | 国城投资-相健；财联社 | -杜一琳。 | | | 时间 | 2023 年 8 月 3 日 | | | | 地点 | 公司会议室 | | | | 上市公司接待 | ...