| 证券代码：300623 | 证券简称：捷捷微电 公告编号：2024-043 | | --- | --- | | 证券代码：123115 | 证券简称：捷捷转债 | 江苏捷捷微电子股份有限公司 关于实际控制人、董事增持股份计划 实施进展暨增持时间过半的公告 公司实际控制人黄善兵先生、董事张祖蕾先生公司保证向公司提供的信息内 容真实、准确和完整，没有虚假记载、误导性陈述或重大遗漏。 公司及董事会全体成员保证公告内容与信息披露义务人提供的信息一致。 特别提示： 1、增持计划的基本情况：江苏捷捷微电子股份有限公司（以下简称"公司"） 于 2024 年 2 月 6 日披露了《关于实际控制人、董事增持公司股份及后续增持计 划的公告》（公告编号：2024-016），公司实际控制人、董事长黄善兵先生、董 事张祖蕾先生计划自 2024 年 2 月 6 日起 6 个月内以自有资金或自筹资金通过深 圳证券交易所允许的方式（包括但不限于集中竞价和大宗交易等）增持公司股份， 拟增持总金额分别不低于人民币 3,500 万元、1000 万元。 2、增持计划的实施情况：截至本公告披露日，本次增持时间已过半，黄善 兵先生累计增持公司股份 ...

Investment Rating - The report maintains a "Buy" investment rating for the company, indicating a projected increase in stock price relative to the market index [23]. Core Insights - The company has shown significant improvement in profitability, with a net profit increase of 189.51% year-on-year in Q1 2024, driven by product structure upgrades and increased demand in downstream applications [15][34]. - The gross margin has improved from 32.86% in Q3 2023 to 38.02% in Q1 2024, reflecting enhanced profitability, particularly in the thyristor segment [8][20]. - The company is actively expanding its product offerings, particularly in the MOSFET segment, and is expected to benefit from a stable pricing environment in the market [8][23]. Financial Projections - The company’s revenue is projected to grow from 2.68 billion yuan in 2024 to 4.16 billion yuan in 2026, with corresponding net profits increasing from 330 million yuan to 609 million yuan [10][23]. - The earnings per share (EPS) are expected to rise from 0.45 yuan in 2024 to 0.83 yuan in 2026, indicating a strong growth trajectory [10][23]. - The return on equity (ROE) is forecasted to improve from 7.1% in 2024 to 10.9% in 2026, reflecting better capital efficiency [10][23]. Market Performance - The company’s stock price is currently at 17.19 yuan, with a 52-week range between 10.75 and 19.88 yuan, indicating a healthy trading volume with an average daily turnover of 119.31 million yuan [18][15]. - The projected price-to-earnings (P/E) ratios are 38.3, 28.4, and 20.8 for the years 2024, 2025, and 2026 respectively, suggesting a favorable valuation as earnings grow [23][10]. Strategic Developments - The company is advancing its high-end power semiconductor projects, with production yields meeting expectations and ongoing investments in automotive-grade packaging [22][34]. - The subsidiary, Nantong Technology, has turned profitable, contributing positively to the overall financial performance of the company [34][15].

感谢大家参加本次会议会议即将开始请稍后 感谢大家参加本次会议会议即将开始请稍后 大家好欢迎参加中信剑头节节微电2023年报及2024年一季报解读会议下面开始播报免责声明声明播报完毕后主持人可直接开始发言谢谢风险提示及免责声明一本次会议为中信剑头研究发展部组织的闭门会议请面向中信剑头白名单客户参加会议的投资者不得制作会议纪要包括但不限于文字纪要录音录像截屏等形式 并对外转发给任何其他个人或机构擅自制作编辑及转发会议纪要引起不当传播的中性箭头有权追究其法律责任二 本次会议内容在任何情形下都不构成对会议参加者的投资建议且中线箭头不承诺不保障所含具有预测性质的内容必然得以实现敬请会议参加者充分了解各类投资风险根据自身情况自主做出投资决策并自行承担投资风险 本次会议包含信息均来源于中信箭头认为可靠的公开资料但中信箭头对这些信息的准确性时效性以及完整性不做任何保证本次会议如涉及专家分享该专家分享仅代表专家个人观点不代表中信箭头立场 在法律法规及监管规定允许的范围内中信建投可能持有并交易本次会议所提及公司的股份或其他财产权益也可能在过去目前或者将来为所提及公司提供或者争取为其提供投资银行做市交易财务顾问或其他金融服务 五本 ...

请务必阅读正文之后的免责声明及其项下所有内容 1Q24 毛利率环比增加 4.8pct，业绩步入改善区间 | --- | --- | --- | --- | --- | --- | |----------------------------------------|-----------|-------------|-------------|----------------------------------|-------------| | 盈利预测和财务指标 | 2022 | 2023 | 2024E | 2025E | 2026E | | 营业收入(百万元) | 1,824 | 2,106 | 2,537 | 2,903 | 3,255 | | (+/-%) | 2.9% | 15.5% | 20.4% | 14.4% | 12.1% | | 净利润(百万元) | 359 | 219 | 284 | 319 | 352 | | (+/-%) | -27.7% | -39.0% | 29.6% | 12.2% | 10.6% | | 每股收益（元） | 0.49 | 0.30 | 0.39 | 0.43 ...

Investment Rating - The report maintains a "Recommended" rating for the company, indicating a positive outlook compared to market benchmarks [4]. Core Views - The company reported a strong performance in Q1 2024, with revenue of 520 million yuan, representing a year-on-year growth of 28.80%, and a net profit of 91.95 million yuan, up 189.51% year-on-year [1][2]. - The significant increase in revenue and profit is attributed to the strong demand from downstream customers and the successful turnaround of its subsidiary, which achieved profitability [2][3]. - The global power semiconductor market is expected to grow by approximately 20% in 2024, reaching a scale of 52.2 billion USD, which bodes well for the company's growth prospects [4]. Financial Performance - In Q1 2024, the company achieved a gross margin of 38.02%, an increase of 9.07 percentage points year-on-year, and a net profit margin of 18.10% [2][4]. - The company's operating cash flow improved significantly, with a net cash flow from operating activities of 111 million yuan, up 221.36% year-on-year [2]. - The forecast for net profit for 2024-2026 is 333 million yuan, 519 million yuan, and 793 million yuan, respectively, with corresponding PE ratios of 49X, 32X, and 21X [4][7]. Product Development and Market Position - The company is actively expanding its product lines, focusing on high-end rectifiers and new power semiconductor devices such as MOSFETs, IGBTs, silicon carbide, and gallium nitride [3]. - The company aims to enhance its market share in the power semiconductor sector by developing advanced technologies and expanding its application fields, particularly in electric vehicles, photovoltaics, and wind power [3][4].

| 证券代码：300623 | 证券简称：捷捷微电 公告编号：2024-042 | | --- | --- | | 证券代码：123115 | 证券简称：捷捷转债 | 2、经中国证券登记结算有限责任公司深圳分公司审核确认，公司本次部分限 制性股票回购注销事宜已于2024年4月24日办理完成。 3、因本次回购注销股份占公司总股本比例较小，经计算，"捷捷转债"的转 股价格不作调整，转股价格为28.78元/股。 江苏捷捷微电子股份有限公司 关于部分限制性股票回购注销完成 暨不调整可转债转股价格的公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有 虚假记载、误导性陈述或者重大遗漏。 特别提示： 1、江苏捷捷微电子股份有限公司（以下简称"公司"）本次回购注销涉及的激 励对象为8名，对已获授但尚未解锁的共计51,000股限制性股票进行回购注销，占 本次回购注销前公司总股本736,321,359的0.0069%。 6、2021 年 3 月 20 日召开第四届董事会第六次会议，审议通过了《关于回购 注销部分激励对象已获授但尚未解除限售的限制性股票的议案》，同意公司对 1 名 激励对象已获授但尚未解锁的 4000 ...

Financial Performance - The company's revenue for Q1 2024 reached ¥519,544,379.48, representing a 28.80% increase compared to ¥403,374,881.98 in the same period last year[3] - Net profit attributable to shareholders was ¥91,950,519.60, a significant increase of 189.51% from ¥31,761,034.28 year-on-year[3] - The company recorded a net profit of ¥94,307,811.92 for the quarter, a 289.11% increase compared to ¥24,236,562.59 in the same period last year[19] - Basic earnings per share rose to ¥0.13, up 225.00% from ¥0.04 in the same quarter last year[3] - The total operating revenue for the current period reached ¥519,544,379.48, a significant increase of 28.8% compared to ¥403,374,881.98 in the previous period[43] - The net profit for the current period was ¥94,307,811.92, compared to ¥24,236,562.59 in the previous period, indicating a substantial increase of 288.5%[46] - The company reported a comprehensive income of ¥91,950,519.60 for the period, compared to ¥31,761,034.28 in the previous period, an increase of approximately 189%[54] Cash Flow - The net cash flow from operating activities was ¥110,633,259.33, marking a 221.36% increase from ¥34,426,380.41 in the previous year[3] - The net cash flow from operating activities increased by 221.36% to ¥110,633,259.33 compared to ¥34,426,380.41 in the same period last year[33] - The net cash flow from investing activities decreased by 125.86% to ¥49,927,583.87, a significant improvement from a negative cash flow of ¥193,069,514.73 in the previous year[33] - The net cash flow from financing activities decreased by 122.43% to -¥74,282,851.17, down from ¥331,203,602.51 in the same period last year[33] - The cash flow from operating activities was positively impacted by reduced cash payments for goods purchased and increased sales receipts compared to the previous year[33] - Net cash flow from investing activities showed a positive shift to ¥49,927,583.87 from a negative ¥193,069,514.73, indicating a turnaround in investment performance[57] Assets and Liabilities - The total assets at the end of the reporting period were ¥7,704,425,217.64, a slight decrease of 0.23% from ¥7,721,873,336.43 at the end of the previous year[3] - The total liabilities decreased to ¥2,240,612,753.65 from ¥2,229,427,035.57, a slight decline of 0.5%[41] - Total liabilities decreased from ¥3,326,142,686.54 to ¥3,213,000,001.53, a reduction of approximately 3.4%[52] - Total equity increased from ¥4,395,730,649.89 to ¥4,491,425,216.11, reflecting a growth of about 2.2%[52] - The total amount of current liabilities decreased from ¥1,421,621,676.85 to ¥1,330,382,700.69, a decline of about 6.4%[52] - The company's long-term borrowings decreased from ¥753,392,827.49 to ¥721,039,795.56, a reduction of approximately 4.3%[52] Shareholder Information - The total number of common shareholders at the end of the reporting period was 65,442[24] - Jiangsu JieJie Investment Co., Ltd. holds 27.87% of the shares, amounting to 205,200,000 shares[24] - The company has a total of 5% or more shareholders, with the top 10 shareholders participating in the margin trading business[25] Other Income and Expenses - The company reported a significant increase in other income, which reached ¥25,632,805.10, up 288.17% from ¥6,603,476.32 year-on-year, primarily due to increased government subsidies[18] - Research and development expenses were ¥60,241,884.17, slightly up from ¥58,708,527.27, showing a year-over-year increase of 2.6%[46] - The total operating costs amounted to ¥458,544,519.29, up from ¥386,111,561.88, reflecting a growth of 18.7%[43] Strategic Plans - The company plans to continue expanding its market presence and investing in new technologies[30] - The company has identified strategic opportunities for mergers and acquisitions to enhance growth prospects[30]

本公司及监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、监事会会议召开情况 江苏捷捷微电子股份有限公司（以下简称"公司"）召开第五届监事会第七次会 议。 | 证券代码：300623 | 证券简称：捷捷微电 | 公告编号：2024-040 | | --- | --- | --- | | 证券代码：123115 | 证券简称：捷捷转债 | | 江苏捷捷微电子股份有限公司 第五届监事会第七次会议决议公告 应出席监事会会议的监事人数共 3 人，实际出席本次监事会会议的监事（包括 委托出席的监事人数）共 3 人，缺席本次监事会会议的监事共 0 人。 二、监事会会议审议情况 1、审议通过《江苏捷捷微电子股份有限公司 2024 年第一季度报告》 经审核，监事会认为董事会编制和审议江苏捷捷微电子股份有限公司 2024 年 第一季度报告的程序符合法律、行政法规及中国证监会的规定，报告内容真实、准 确、完整地反映了上市公司的实际情况，不存在任何虚假记载、误导性陈述或者重 大遗漏。 《江苏捷捷微电子股份有限公司 2024 年第一季度报告》内容详见刊登于中国 证监会指定信息披露网站巨潮资 ...

| 证券代码：300623 | 证券简称：捷捷微电 | 公告编号：2024-039 | | --- | --- | --- | | 证券代码：123115 | 证券简称：捷捷转债 | | 江苏捷捷微电子股份有限公司 第五届董事会第九次会议决议公告 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 5、会议召集人：董事长黄善兵 6、会议主持人：董事长黄善兵 7、召开情况合法、合规、合章程性说明：会议的召集召开符合《公司法》 及公司《章程》的规定。 应出席董事会会议的董事人数共 9 人，实际出席本次董事会会议的董事（包 括委托出席的董事人数）共 9 人，缺席本次董事会会议的董事共 0 人。 二、董事会会议审议情况 江苏捷捷微电子股份有限公司（以下简称"公司"）召开第五届董事会第九 会议。 1、会议通知的时间和方式：2024 年 4 月 14 日邮件方式通知 2、会议召开的时间：2024 年 04 月 24 日上午 10:30 3、会议召开地点：江苏省启东市经济开发区钱塘江路 3000 号 101 办公楼 4 楼主会议室 4、会议召开方式：现场 ...

北京市盈科（南通）律师事务所 关于 江苏捷捷微电子股份有限公司 2023 年年度股东大会的 法律意见 北京市盈科（南通）律师事务所 YINGKE LAW FIRM 地址：江苏省南通市崇川区工农南路 128 号天宝国能大厦 3F 传真：0513-89080999 邮编：226000 法律意见 0 捷捷微电 2023 年第一次临时股东大会法律意见书 捷捷微电 2023 年年度股东大会法律意见书 北京市盈科（南通）律师事务所 关于江苏捷捷微电子股份有限公司 2023 年年度股东大会的 F20240408-003 致：江苏捷捷微电子股份有限公司 江苏捷捷微电子股份有限公司（以下简称"公司"）2023 年年度股东大会 （以下简称"本次会议"）于 2024 年 4 月 8 日（星期一）召开。北京市盈科（南 通）律师事务所（以下简称"盈科"）受公司委托，指派本所律师出席了本次会 议。根据《中华人民共和国证券法》（以下简称"《证券法》"）、《中华人民 共和国公司法》（以下简称"《公司法》"）、中国证券监督管理委员会《上市 公司股东大会规则》（以下简称"《股东大会规则》"）、《江苏捷捷微电子股 份有限公司章程》（以下简称"《公 ...