证券代码：300620 证券简称：光库科技 公告编号：2024-096 珠海光库科技股份有限公司 董事会 2024 年 11 月 11 日 珠海光库科技股份有限公司（以下简称"公司"）于 2024 年 3 月 29 日召开 2024 年第一次临时股东大会，审议通过《关于董事会换届选举暨提名第四届董事会 独立董事候选人的议案》，同意选举刘成昆先生为公司第四届董事会独立董事，任期 自公司 2024 年第一次临时股东大会审议通过之日起至第四届董事会届满之日止。 截至 2024 年第一次临时股东大会通知发出之日刘成昆先生尚未取得独立董事 资格证书，根据深圳证券交易所的有关规定，刘成昆先生书面承诺参加最近一期独 立董事培训并取得深圳证券交易所认可的独立董事资格证书，具体内容详见公司于 2024 年 3 月 14 日在巨潮资讯网（www.cninfo.com.cn）披露的《独立董事候选人关 于参加最近一次独立董事培训的书面承诺书（刘成昆）》。 近日，公司收到独立董事刘成昆先生的通知，刘成昆先生已按照相关规定参加 了深圳证券交易所举办的上市公司独立董事任前培训（线上），并取得了由深圳证券 交易所创业企业培训中心颁发的《上市 ...

Investment Rating - The investment rating for the company is "Accumulate" (maintained) [2][3]. Core Views - The company has significantly increased its revenue, achieving 739 million yuan in the first three quarters of 2024, a year-on-year growth of 41%. The net profit attributable to shareholders reached 56 million yuan, up 19.53% year-on-year [2][4]. - The fiber laser industry is rapidly developing, driving demand for the company's fiber laser devices. The continuous growth in this sector presents substantial opportunities for the company, which has established a strong presence and brand recognition in the market [2][4]. - The company has successfully penetrated global markets, with products sold in over 40 countries and regions, indicating its competitive position in the optoelectronic device industry [3]. Financial Performance Summary - For the first three quarters of 2024, the company reported a revenue of 739 million yuan, with a quarterly revenue of 318 million yuan in Q3, reflecting a year-on-year increase of 71.33% and a quarter-on-quarter increase of 21.57% [4]. - The gross margin for Q3 2024 was 36.83%, showing a slight decline of 0.25 percentage points year-on-year [4]. - The company forecasts revenue growth rates of 28.53%, 23.59%, and 31.57% for 2024, 2025, and 2026, respectively, with projected revenues of 912 million yuan, 1.128 billion yuan, and 1.484 billion yuan for those years [3][5]. - The net profit attributable to shareholders is expected to be 85 million yuan, 116 million yuan, and 163 million yuan for 2024, 2025, and 2026, respectively, with corresponding PE ratios of 152.4, 111.0, and 79.0 [3][5]. Market Data - As of October 23, 2024, the company's stock price was 51.78 yuan, with a 52-week price range of 30.00 to 61.66 yuan. The total market capitalization is approximately 12.90 billion yuan [4].

Investment Rating - Maintains an "Overweight" rating with a target price increase to 76.51 RMB [2][3][4] Core Views - The company's Q3 2024 performance aligns with expectations, showing rapid revenue growth [3] - Revenue for the first three quarters of 2024 reached 738 million RMB, a 41% YoY increase [3] - Net profit attributable to shareholders grew by 19.53% YoY to 56 million RMB [3] - Single-quarter revenue reached 318 million RMB, with a 21.6% QoQ growth, driven by laser radar and optical communication device businesses [3] - Gross margin for the quarter improved to 36.83%, up 1.3 percentage points QoQ [3] - The company's equity incentive plan was approved, with expected profits of 60 million RMB in 2024 and 100 million RMB in 2025 [3] - Guangdong Province's policy to accelerate the development of the optical chip industry is expected to benefit the company's lithium niobate business [3] Financial Performance - Forecasted net profit for 2024-2026 is 73 million RMB, 146 million RMB, and 193 million RMB, respectively [3] - EPS for 2024-2026 is projected at 0.29 RMB, 0.59 RMB, and 0.78 RMB [3] - The company's 2025 PE ratio is estimated at 129.68x, leading to the target price adjustment [3] - Revenue growth targets for 2024 and 2025 are set at 26.78% and 22.22%, respectively [3] Industry and Market Context - Guangdong's policy supports the development of high-speed optical communication chips, lithium niobate, and other advanced materials [3] - The company is expected to benefit from local government policies and potential mass production of lithium niobate products [3] - The optical chip industry is poised for growth, with the company well-positioned to capitalize on emerging opportunities [3] Financial Metrics - Total market capitalization is 12,751 million RMB [5] - Shareholder equity stands at 1,920 million RMB, with a book value per share of 7.71 RMB [6] - The company's net debt ratio is -20.96%, indicating a strong financial position [6] - Revenue for 2024E is projected at 987 million RMB, with a 39% YoY growth [9] - Net profit for 2024E is forecasted at 73 million RMB, a 22.6% YoY increase [9] Peer Comparison - The company's 2024E PE ratio is 192.82x, compared to the industry average of 129.68x [12] - The company's 2025E PE ratio is 97.08x, lower than the industry average of 129.68x [12]

珠海光库科技股份有限公司（以下简称"公司"）2024 年第三次临时股东大会 审议通过《关于修订<公司章程>及办理工商变更登记的议案》，具体内容详见公司刊 载于巨潮资讯网（www.cninfo.com.cn）的相关公告。 近日，公司就上述议案涉及注册资本的变更以及《公司章程》备案事项已经工 商核准登记完成，并取得珠海市市场监督管理局新核发的《登记通知书》。新的工商 登记具体信息如下： 证券代码：300620 证券简称：光库科技 公告编号：2024-095 珠海光库科技股份有限公司 关于完成工商变更登记的公告 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。 注册资本：24,918.0545 万元人民币 成立日期：2000 年 11 月 09 日 营业期限：2000 年 11 月 09 日至永久 特此公告。 珠海光库科技股份有限公司 董事会 统一社会信用代码：91440400725466481C 名称：珠海光库科技股份有限公司 类型：股份有限公司（港澳台与境内合资、上市） 住所：广东省珠海市高新区唐家湾镇创新三路 399 号 法定代表人：郭瑾 2024 年 10 月 ...

Investment Rating - The report maintains a "Buy" rating for the company, with a target price indicating a potential upside of over 20% within the next six months [7]. Core Insights - The company has demonstrated strong growth in the third quarter, primarily driven by the consolidation of Bai'an and revenue growth from its subsidiary, Jiahua Weijie. The company reported a revenue of 739 million yuan for the first three quarters, a year-on-year increase of 41%, and a net profit of 55.81 million yuan, up 20% year-on-year [1]. - Jiahua Weijie, a wholly-owned subsidiary, has rapidly increased its revenue, achieving 56.74 million yuan in the first half of 2024, a 40% increase year-on-year, with a net profit of 11.37 million yuan, up 157% [2]. - The acquisition of Bai'an has created strategic synergies, enhancing the company's competitive strength in the automotive laser radar light source module sector. Bai'an's revenue for the second quarter of 2024 was 60.52 million yuan, with a net profit of 8.59 million yuan [3]. - The company has increased its investment in thin-film lithium niobate technology, with R&D expenses rising to 109 million yuan, a 12% increase year-on-year. Financial expenses have also increased due to reduced exchange gains and higher interest costs [4]. Financial Forecast and Investment Recommendations - The report slightly adjusts profit expectations for 2024-2026, forecasting net profits of 74.17 million yuan, 118.33 million yuan, and 158.50 million yuan respectively. The company is expected to benefit from the growth in optical communication devices and chips, as well as the synergies from the acquisition of Bai'an [5]. - Financial data indicates a projected revenue growth rate of 41.46% for 2024, with an expected revenue of 1,004.25 million yuan [6].

Investment Rating - The investment rating for the company is "Buy (First Time)" [4] Core Views - The company reported a revenue of 739 million yuan for the first three quarters of 2024, representing a year-on-year growth of 41.00%. The net profit attributable to the parent company was 56 million yuan, up 19.53% year-on-year, while the net profit excluding non-recurring items was 45 million yuan, reflecting a growth of 39.61% [2][6] - The operating cash flow net amount reached 148 million yuan, showing a significant increase of 115.28% year-on-year. The revenue growth is attributed to the consolidation of Bai'an Industrial and increased sales from Huaw微捷 [6] - The company is expected to benefit from policy support as the Guangdong provincial government accelerates the development of the optical chip industry, with a focus on thin-film lithium niobate modulator chips [6] Summary by Sections Financial Performance - For Q3 2024, the company achieved a revenue of 318 million yuan, marking a year-on-year increase of 71.33% and a quarter-on-quarter growth of 21.57%. The gross margin for Q3 was 36.83%, up by 1.28 percentage points from the previous quarter [6] - The projected revenues for 2024-2026 are 933 million yuan, 1.203 billion yuan, and 1.553 billion yuan, with year-on-year growth rates of 31.39%, 28.95%, and 29.10% respectively. The net profit attributable to the parent company is expected to be 109 million yuan, 145 million yuan, and 192 million yuan for the same period, with growth rates of 82.85%, 32.34%, and 33.18% respectively [6][7] Strategic Developments - The acquisition of Bai'an Industrial has enriched the company's product line and enhanced its competitive edge in the automotive laser radar light source module sector. The company is also making steady progress in establishing its production base in Thailand [6] - The Guangdong provincial government's recent action plan aims to foster innovation in the optical chip industry, which is expected to create a favorable environment for the company's growth in this sector [6] Valuation Metrics - The current price of the company's stock is 51.78 yuan, with a market capitalization of approximately 12.79 billion yuan. The price-to-earnings ratio (P/E) for 2024 is projected to be 118.3, while the price-to-book ratio (P/B) is expected to be 7.3 [4][7]

关于使用信用证、自有外汇及自有资金等方式支付募集资金投资项目 所需资金并以募集资金等额置换的公告 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。 珠海光库科技股份有限公司（以下简称"公司"或"光库科技"）于2024年10 月22日召开的第四届董事会第八次会议、第四届监事会第六次会议，审议通过了《关 于使用信用证、自有外汇及自有资金等方式支付募集资金投资项目所需资金并以募集 资金等额置换的议案》，同意公司及光库泰国有限责任公司（以下简称"子公司"） 在募集资金投资项目实施期间，根据实际情况使用信用证、自有外汇及自有资金等方 式支付募投项目所需款项，并从募集资金专户划转等额资金至公司（或子公司）一般 账户。现就相关事项公告如下： 证券代码：300620 证券简称：光库科技 公告编号：2024-094 珠海光库科技股份有限公司 一、募集资金基本情况 1、2020 年创业板向特定对象发行股票募集资金的基本情况 经中国证券监督管理委员会证监许可[2020]2444 号文核准，并经深圳证券交 易所同意，公司由主承销商中信证券股份有限公司向珠海华发科技产业集团有限 公司（曾 ...

证券代码：300620 证券简称：光库科技 公告编号：2024-090 珠海光库科技股份有限公司 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、会议召开情况 珠海光库科技股份有限公司（以下简称"公司"）于2024年10月22日以现场 结合通讯方式在公司会议室召开了第四届董事会第八次会议。会议通知及会议资 料于2024年10月18日以电子邮件或者直接送达方式送达全体董事。本次会议由董 事长郭瑾主持，应到董事9人，实到董事9人。本次会议的召开和表决程序符合《中 华人民共和国公司法》（以下简称"《公司法》"）等法律、法规以及《珠海光 库科技股份有限公司章程》（以下简称"《公司章程》"）的规定，合法有效。 二、会议审议情况 经与会董事审议并书面投票表决，逐项通过如下议案： 1、审议通过《关于公司2024年第三季度报告的议案》 《公司 2024 年第三季度报告》具体内容详见公司刊载于巨潮资讯网 （www.cninfo.com.cn）的相关公告。 表决结果：9 票同意，0 票反对，0 票弃权，获得通过。 2、审议通过《关于部分募集资金投资项目延期的议案》 经审议，结 ...

证券代码：300620 证券简称：光库科技 公告编号：2024-093 珠海光库科技股份有限公司 关于部分募集资金投资项目延期的公告 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。 珠海光库科技股份有限公司（以下简称"公司"）于2024年10月22日召开第 四届董事会第八次会议及第四届监事会第六次会议，审议通过了《关于部分募集 资金投资项目延期的议案》，经过审慎研究论证，公司结合募集资金投资项目铌 酸锂高速调制器芯片研发及产业化项目（以下简称"募投项目"）实际情况，在 募投项目投资内容、投资总额、实施主体不变的前提下，将募投项目预计完成日 期延长至2026年11月30日。保荐人中信证券股份有限公司出具了同意的核查意见， 该事项在董事会审批权限范围内，无需提交股东大会审议。现将具体内容公告如 下： 一、募集资金基本情况 经中国证券监督管理委员会证监许可[2020]2444 号文核准，并经深圳证券交 易所同意，公司向特定对象发行股票 16,888,677 股，每股面值 1 元，每股发行价 人民币 42.04 元。截至 2020 年 12 月 1 日止，公司共募集资 ...

Financial Performance - Revenue for the third quarter reached 317.53 million yuan, a year-on-year increase of 71.33%[3] - Net profit attributable to shareholders of the listed company was 25.47 million yuan, up 70.20% year-on-year[3] - Revenue increased by 41.00% to 738,946,754.08 RMB, driven by the acquisition of Bai'an Industrial and sales growth from Jiahua Microtech[8] - Operating revenue reached 738,946,754.08 RMB, a significant increase from 524,065,400.69 RMB in the same period last year[21] - Net profit attributable to the parent company's shareholders was 55,808,805.54 RMB, up from 46,688,556.47 RMB in the previous year[22] - Net income attributable to parent company shareholders totaled RMB 66,184,809.78, with basic and diluted earnings per share at RMB 0.2253[23] - Total comprehensive income reached 73,472,603.57 RMB, compared to 48,517,954.25 RMB in the previous year[22] - Other comprehensive income after tax was 10,376,004.24 RMB, up from 1,829,397.78 RMB[22] Assets and Liabilities - Total assets as of the end of the reporting period were 2.77 billion yuan, an increase of 38.59% compared to the end of the previous year[3] - The company's goodwill increased by 111.50% to 232.35 million yuan due to the acquisition of Bai'an Industrial[6] - The company's intangible assets increased by 49.01% to 165.91 million yuan due to the acquisition of Bai'an Industrial[6] - The company's accounts receivable increased by 59.74% to 385.56 million yuan due to the acquisition of Bai'an Industrial[6] - Total assets increased to 2,772,871,016.62 RMB, up from 2,000,722,200.07 RMB in the previous period[19] - Total liabilities rose to 814,253,259.40 RMB, compared to 297,383,129.94 RMB previously[20] - Total equity increased to 1,958,617,757.22 RMB, up from 1,703,339,070.13 RMB[20] - Short-term borrowings stood at 160,550,000.00 RMB, indicating increased liquidity needs[19] - The company's monetary funds increased from 387,050,196.33 yuan at the beginning of the period to 686,614,340.88 yuan at the end of the period[18] - Accounts receivable increased from 241,371,930.09 yuan at the beginning of the period to 385,557,857.44 yuan at the end of the period[18] - Inventory increased from 232,690,378.84 yuan at the beginning of the period to 272,718,206.55 yuan at the end of the period[18] - The total current assets increased from 984,546,142.52 yuan at the beginning of the period to 1,484,593,778.66 yuan at the end of the period[18] - The company's fixed assets under construction increased from 547,732,732.89 yuan at the beginning of the period to 553,329,193.30 yuan at the end of the period[18] - The company's productive biological assets increased from 144,595,097.44 yuan at the beginning of the period to 208,672,555.18 yuan at the end of the period[18] - The company's intangible assets decreased from 5,368,571.07 yuan at the beginning of the period to 5,224,475.73 yuan at the end of the period[18] - The company's data resources within intangible assets increased from 111,343,009.55 yuan at the beginning of the period to 165,908,698.94 yuan at the end of the period[18] Cash Flow - The company's operating cash flow for the first three quarters was 147.70 million yuan, a year-on-year increase of 115.28%[3] - Net cash flow from operating activities surged by 115.28% to 147,697,785.41 RMB, driven by increased cash receipts from sales and R&D subsidies[10] - Net cash flow from investing activities decreased by 380.58% to -462,555,346.99 RMB, primarily due to increased purchases of bank wealth management products and the acquisition of Bai'an Industrial[10] - Net cash flow from financing activities increased by 979.03% to 400,728,091.73 RMB, mainly due to funds raised from a private placement and bank loans[10] - Cash received from sales of goods and services increased to RMB 639,856,887.10, up from RMB 510,980,009.42 in the previous period[24] - Net cash flow from operating activities rose to RMB 147,697,785.41, compared to RMB 68,607,396.89 in the prior period[24] - Cash received from investments was RMB 342,037,257.65, up from RMB 303,003,525.01 in the previous period[25] - Cash used for investment activities increased significantly to RMB 807,067,692.37, compared to RMB 403,052,169.50 in the prior period[25] - Net cash flow from financing activities was RMB 400,728,091.73, a significant improvement from a negative RMB 45,587,446.45 in the previous period[25] - Cash and cash equivalents at the end of the period stood at RMB 239,545,660.49, up from RMB 159,889,059.29 in the prior period[25] R&D and Operating Costs - The company's R&D expenses and project subsidies increased by 82.16% compared to the beginning of the year, reaching 151.01 million yuan[7] - Operating costs rose by 38.83% to 473,803,020.83 RMB, in line with revenue growth[8] - R&D expenses amounted to 108,971,336.34 RMB, reflecting a continued focus on innovation and development[21] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 35,969[11] - Zhuhai Huafa Technology Industry Group Co., Ltd. holds 23.47% of the shares, making it the largest shareholder[11] - Infinimax Assets Limited holds 15.94% of the shares, ranking as the second-largest shareholder[11] - Pro-Tech Group Holdings Limited holds 8.21% of the shares, making it the third-largest shareholder[11] - The total number of restricted shares at the beginning of the period was 3,179,870 shares, and at the end of the period, it was 2,036,207 shares, with 5,266,608 shares being released and 4,122,945 shares being added during the period[16] Borrowings and Loans - The company's short-term borrowings increased to 160.55 million yuan due to obtaining short-term bank loans[7] - The company's long-term borrowings increased to 143.80 million yuan due to obtaining long-term bank loans[7] - Short-term borrowings stood at 160,550,000.00 RMB, indicating increased liquidity needs[19] Sales and Marketing - Sales expenses increased by 59.65% to 14,328,253.03 RMB, due to the inclusion of Bai'an Industrial and higher exhibition fees[8]