上海 地址：上海市浦东新区陆家嘴 21 世纪大厦 10 楼 邮编：200120 北京 地址：北京市西城区金融大街 35 号国际企业大厦 A 座 8 楼 邮编：100033 重庆 地址：重庆市江北区金沙门路 32 号西南证券总部大楼 21 楼 邮编：400025 西南证券机构销售团队 | --- | --- | --- | --- | --- | --- | |-------|--------|--------------|-------------|-------------|----------------------| | | 李杨 | 销售总监 | 18601139362 | 18601139362 | yfly@swsc.com.cn | | | 张岚 | 销售副总监 | 18601241803 | 18601241803 | zhanglan@swsc.com.cn | | | 杨薇 | 资深销售经理 | 15652285702 | 15652285702 | yangwei@swsc.com.cn | | 北京 | 姚航 | 高级销售经理 | 15652026677 | 15652026677 | ...

Financial Performance - The company's operating revenue for 2023 was ¥884,775,629.78, a decrease of 5.22% compared to ¥933,506,088.73 in 2022[20] - The net profit attributable to shareholders for 2023 was ¥155,089,901.82, down 13.86% from ¥180,042,810.37 in the previous year[20] - The net profit after deducting non-recurring gains and losses was ¥136,620,397.06, a decline of 22.59% from ¥176,486,774.95 in 2022[20] - The basic earnings per share for 2023 was ¥0.69, a decrease of 14.81% compared to ¥0.81 in 2022[20] - The total assets at the end of 2023 amounted to ¥1,677,341,304.35, reflecting a 7.93% increase from ¥1,554,082,420.76 at the end of 2022[20] - The net assets attributable to shareholders increased by 4.16% to ¥1,364,317,850.75 at the end of 2023, compared to ¥1,309,866,758.13 at the end of 2022[20] - The cash flow from operating activities for 2023 was ¥114,997,202.58, representing a 9.34% increase from ¥105,169,295.96 in 2022[20] - The weighted average return on equity for 2023 was 11.60%, down from 14.44% in 2022[20] Market and Industry Trends - The optical communication industry is experiencing growth driven by advancements in 5G and 6G technologies, with increasing market demand for communication network construction[31] - The rural broadband access user base exceeded 190 million, indicating a growing market for digital infrastructure[31] - The company is actively exploring new digital applications and enhancing its operational models in response to industry policies promoting digital transformation[31] Research and Development - The company plans to continue increasing R&D investment and expanding its product line to enhance product quality and service levels in the optical communication sector[33] - The company invested in R&D for passive products like dense connectivity and optical waveguide chips, aiming to enhance product performance and cost-effectiveness[42] - Research and development expenses amounted to 55,299,000.14 CNY, representing 6.25% of total revenue, down from 7.20% in 2022[53] - The company is focusing on automation in production lines, which has improved efficiency and reduced costs, ensuring timely order delivery[43] Risk Factors - The company has identified potential risks in its future development outlook, which investors should pay attention to[4] - The company faces significant risks from external environmental changes, particularly due to its high export business and reliance on imported raw materials[69] - Customer demand fluctuations pose a risk, prompting the company to enhance R&D and improve product value to meet diverse customer needs[70] - The company is exposed to exchange rate risks, with a high proportion of sales settled in USD, which could lead to increased costs and reduced profits[70] Corporate Governance - The company has established a robust corporate governance structure, ensuring independent operation and decision-making processes[75] - The board of directors consists of nine members, including three independent directors, ensuring compliance with relevant regulations[76] - The company maintains an independent operational system, with no competitive relationship or unfair transactions with controlling shareholders[77] - The company has established an independent financial department, ensuring compliance with accounting laws and independent financial decision-making[78] Shareholder Information - The company plans to distribute a cash dividend of ¥5 per 10 shares, based on a total of 227,126,867 shares[4] - The company distributed a cash dividend of 5.00 RMB per 10 shares, totaling 111,568,367.00 RMB (including tax) based on a total share capital of 229,996,800 shares[108] - The company has not proposed a cash dividend distribution plan despite having positive distributable profits for the parent company during the reporting period[110] Strategic Initiatives - The company is focusing on the introduction of new passive device products and has made significant progress in developing high-speed interconnect products[39] - The company is actively exploring new market opportunities and collaborating with upstream and downstream partners to promote the prosperity of the optical communication industry[33] - The company plans to establish a wholly-owned subsidiary in Hong Kong as part of its expansion strategy[96] Audit and Compliance - The audit opinion for the financial statements was a standard unqualified opinion, issued by Rongcheng Accounting Firm on March 27, 2024[185] - The company has implemented key internal controls related to revenue recognition to mitigate risks associated with improper revenue reporting[190] - The audit report did not identify any significant misstatements in the financial statements or other information provided by the company[195] Employee and Workforce Management - The total number of employees at the end of the reporting period was 1,793, with 1,651 in the parent company and 142 in major subsidiaries[104] - The company has implemented a performance-based compensation system, linking salaries to job positions, capabilities, and performance[105] - The company conducted various training programs, including pre-job training, on-the-job training, and external training to enhance employee skills[106][107]

Investment Rating - The report maintains a "Recommended" rating for the company [1][6]. Core Views - The company achieved a revenue of 885 million yuan in 2023, a year-on-year decrease of 5.22%, and a net profit attributable to shareholders of 155 million yuan, down 13.86% year-on-year. However, in Q4 2023, the company saw significant improvements with a revenue of 262 million yuan, representing a year-on-year increase of 13.83% and a quarter-on-quarter increase of 12.50%. The net profit for Q4 2023 was 50 million yuan, up 69.74% year-on-year and 51.57% quarter-on-quarter [6]. - The company is the largest manufacturer of dense connection products globally and is focusing on expanding its product matrix to capitalize on opportunities in the AI sector. The company has made significant advancements in both passive and active optical components, with ongoing development of 800G optical modules [6]. - The establishment of a subsidiary in Vietnam aims to enhance overseas production capacity and supply chain resilience, which is expected to help the company attract new quality customers and expand market share [6]. - The forecast for net profit attributable to shareholders for 2024-2026 is 300 million, 448 million, and 543 million yuan, respectively, with corresponding PE multiples of 28, 19, and 15 times [6]. Summary by Sections Financial Performance - In 2023, the company reported total revenue of 885 million yuan, with a year-on-year decline of 5.22%. The net profit attributable to shareholders was 155 million yuan, down 13.86% year-on-year. The fourth quarter of 2023 showed a revenue of 262 million yuan, a year-on-year increase of 13.83% and a quarter-on-quarter increase of 12.50% [6][18]. - The comprehensive gross margin for 2023 was 29.40%, a decrease of 3.38 percentage points from 2022, primarily due to an increase in the proportion of revenue from the lower-margin domestic market [6]. Growth Prospects - The company is well-positioned to benefit from the growing demand for optical devices driven by AI developments. It continues to strengthen its competitive edge in the dense optical connection field and is advancing its product offerings in both passive and active optical components [6]. - The establishment of a subsidiary in Vietnam is expected to enhance production capacity and supply chain flexibility, which will help meet diverse overseas customer needs and improve customer retention [6]. Financial Forecast - The projected revenues for 2024, 2025, and 2026 are 1.71 billion, 2.37 billion, and 2.87 billion yuan, respectively, with growth rates of 93.29%, 38.32%, and 21.09% [18]. - The forecasted net profit for the same years is 300 million, 448 million, and 543 million yuan, with corresponding growth rates of 93.44%, 49.32%, and 21.18% [18].

审计报告 深圳太辰光通信股份有限公司 容诚审字[2024]518Z0072 号 容诚会计师事务所(特殊普通合伙) 中国·北京 目 录 | 序号 | 内 容 | 页码 | | --- | --- | --- | | 1 | 审计报告 | 1-6 | | 2 | 合并资产负债表 | 7 | | 3 | 合并利润表 | 8 | | 4 | 合并现金流量表 | 9 | | 5 | 合并所有者权益变动表 | 10-11 | | 6 | 母公司资产负债表 | 12 | | 7 | 母公司利润表 | 13 | | 8 | 母公司现金流量表 | 14 | | 9 | 母公司所有者权益变动表 | 15-16 | | 10 | 财务报表附注 | 17-107 | 审 计 报 告 容诚会计师事务所(特殊普通合伙) 总所：北京市西城区阜成门外大街 22 号 外经贸大厦 15 层/922-926(100037) TEL: 010-6600 1391 FAX: 010-6600 1392 E-mail:bj@rsmchina.com.cn https//WWW.rsm.global/china/ 容诚审字[2024]518Z0072 号 ...

证券代码：300570 证券简称：太辰光 公告编号：2024 -0 2 1 深圳太辰光通信股份有限公司 关于 2023 年度计提资产减值准备的公告 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。 深圳太辰光通信股份有限公司（以下简称"公司"）于 2024 年 3 月 27 日召开第五 届董事会第四次会议和第五届监事会第四次会议，审议通过了《关于 2023 年度计提资 产减值准备的议案》。根据《深圳证券交易所创业板股票上市规则》、《上市公司自律监 管指引第 2 号——创业板上市公司规范运作》等相关法律法规的规定，现将公司 2023 年度计提资产减值准备的具体情况公告如下： 一、计提信用与资产减值准备情况 （一）计提信用与资产减值准备的原因 根据减值测试结果，公司计提 2023 年度各项信用与资产减值准备共 计 22,765,186.20 元，计提 2023 年度信用与资产减值准备详情如下表： | 项目 | 本期发生额（单位：元） | | --- | --- | | 一、坏账准备 | 7,255,136.10 | | 二、存货跌价准备 | 15,512,957.8 ...

深圳太辰光通信股份有限公司 2023 年度董事会工作报告 2023 年公司董事会按照《公司法》、《证券法》、《深圳证券交易所 创业板股票上市规则》、《深圳证券交易所上市公司自律监管指引第 2 号 ——创业板上市公司规范运作》等法律法规以及《公司章程》、《公司董 事会议事规则》等规章制度的规定，认真贯彻执行股东大会通过的各项决 议，较好地履行了公司及股东赋予董事会的各项职责。现将公司董事会 2023 年度工作情况汇报如下： 一、报告期内董事会的日常工作情况 1、董事会会议情况 报告期内，公司共召开了五次董事会会议。具体情况如下： （1）2023 年 3 月 29 日，公司召开了第四届董事会第十五次会议，审 议通过了《公司 2022 年度总经理工作报告》等十二个议案。 （2）2023 年 4 月 26 日，公司召开了第四届董事会第十六次会议，审 议通过了《公司 2023 年第一季度报告全文》等三个议案。 （3）2023 年 8 月 16 日，公司召开了第四届董事会第十七次会议，审 议通过了《公司 2023 年半年度报告全文及其摘要》等五个议案。 （4）2023 年 9 月 5 日，公司召开了第五届董事会第一次会议 ...

证券代码：30 0 570 证券简称：太辰光 公告编号：202 4 -0 1 5 深圳太辰光通信股份有限公司 经全体董事审议，本次会议以书面记名投票的方式表决通过了相关议案并形成如 下决议： 一、审议通过《公司 2023 年度总经理工作报告》 表决结果： 9 票赞成： 0 票反对； 0 票弃权。 二、审议通过《公司 2023 年度董事会工作报告》 公司 2023 年度任职的独立董事陈国尧先生、孟春女士、刘建先生、楼永辉先生和 周新黎女士分别向董事会递交了《独立董事 2023 年度述职报告》，并将在 2023 年度股 东大会上述职。董事会依据独立董事出具的《关于独立董事 2023 年度独立性自查情况 的报告》，编写了《关于独立董事 2023 年度保持独立性情况的专项意见》。 相关内容详见巨潮资讯网（http://www.cninfo.com.cn）。 第五届董事会第四次会议决议公告 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。 深圳太辰光通信股份有限公司（以下简称"公司"）于 2024 年 3 月 27 日在公司办 公楼 8 楼会议室以现场与通讯相结合的方式召 ...

2021 粤天成意字第[FS0033-8 号] 广东深天成律师事务所 关于深圳太辰光通信股份有限公司 2021 年限制性股票激励计划 作废部分已授予尚未归属的第二类限制性股票的 法律意见书 深圳市福田区福华三路卓越世纪中心 1 号楼 37 层 联系人：徐斌律师 电话：0755-33339800 传真：0755-33339833 广东深天成律师事务所 太辰光 2021 年限制性股票激励计划作废部分限制性股票的法律意见书 广东深天成律师事务所 关于深圳太辰光通信股份有限公司 2021 年限制性股票激励计划 作废部分已授予尚未归属的第二类限制性股票的 2、公司提供的文件资料中的所有签字及印章均是真实的，文件的副本、复 印件或扫描件与原件相符。 本所仅就与公司本次股票激励计划的本次作废有关的法律问题发表意见，而 不对公司本次股票激励计划所涉及的标的股票价值、考核标准等方面的合理性以 及会计、财务等非法律专业事项发表意见。 2 广东深天成律师事务所 太辰光 2021 年限制性股票激励计划作废部分限制性股票的法律意见书 本所及经办律师依据《证券法》、《律师事务所从事证券法律业务管理办法》 和《律师事务所证券法律业务执业规 ...

深圳太辰光通信股份有限公司 2023 年度独立董事述职报告 本人认为，公司在 2023 年度召集召开的会议符合法定程序，重大经营 决策事项和其它重大事项均履行了相关程序，合法有效，会议议案不存在 损害全体股东特别是中小股东利益的情形。因此，本人对董事会上的各项 议案均投赞成票，无反对票及弃权票。 （二）出席董事会专门委员会情况 本人作为深圳太辰光通信股份有限公司的独立董事，根据《公司法》、 《证券法》、《上市公司独立董事管理办法》、《深圳证券交易所上市公 司自律监管指引第 2 号——创业板上市公司规范运作》等法律法规及《公 司章程》等公司制度的规定和要求，在 2023 年度认真履行职责，充分发挥 独立董事的作用，恪尽职守，积极出席相关会议，对各项议案进行认真审 议，对重大事项发表了独立意见，充分发挥了独立董事及各专门委员会委 员的作用，维护了公司和全体股东特别是中小股东的利益。现将本人 2023 年度履职情况总结如下： 一、基本情况 本人于 2023 年 9 月 5 日经公司 2023 年第一次临时股东大会审议通 过，担任公司第五届董事会独立董事。报告期内，本人任职符合《上市公 司独立董事管理办法》第六条规定 ...

证券代码：30 0 570 证券简称：太辰光 公告编号：2024 -0 1 8 深圳太辰光通信股份有限公司 2023 年度内部控制自我评价报告及相关意见的公告 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。 根据《企业内部控制基本规范》及《企业内部控制评价指引》和其他内部控 制监管要求（以下简称"企业内部控制规范体系"），结合深圳太辰光通信股份有 限公司（以下简称"公司"）内部控制制度和评价办法，在内部控制日常监督和 专项监督的基础上，我们对公司截至 2023 年 12 月 31 日（内部控制评价报告基 准日）的内部控制有效性进行了评价。 一、重要声明 按照企业内部控制规范体系的规定，建立健全和有效实施内部控制，评价其 有效性，并如实披露内部控制评价报告是公司董事会的责任。监事会对董事会建 立和实施内部控制进行监督。管理层负责组织领导企业内部控制的日常运行。公 司董事会、监事会及董事、监事、高级管理人员保证本报告内容不存在任何虚假 记载、误导性陈述或重大遗漏，并对报告内容的真实性、准确性和完整性承担个 别及连带法律责任。 公司内部控制的目标是合理保证经营管理合 ...