上海华测导航技术股份有限公司 舆情管理制度 上海华测导航技术股份有限公司 舆情管理制度 第一章 总则 第一条 为了提高上海华测导航技术股份有限公司（以下简称"公司"）应对 各类舆情的能力，建立快速反应和应急处置机制，及时、妥善处理各类舆情对公 司股价、公司商业信誉及正常生产经营活动造成的影响，切实保护投资者合法权 益，根据《深圳证券交易所创业板股票上市规则》等相关法律、行政法规、部门 规章、规范性文件及《上海华测导航技术股份有限公司章程》（以下简称"《公 司章程》"）的有关规定，结合公司实际情况，制订本制度。 第二条 本制度所称舆情包括： （一）报刊、电视、网络等媒体对公司进行的负面、不实的报道； （二）社会上存在的已经或将给公司造成不良影响的传言或信息； （三）可能或者已经影响社会公众投资者投资取向，造成股价异常波动的信 息； （四）其他涉及公司信息披露且可能对公司股价产生较大影响的事件信息。 第三条 舆情信息的分类： （一）重大舆情：指传播范围较广，严重影响公司公众形象或正常经营活动， 使公司已经或可能遭受损失，已经或可能造成公司股价变动的负面舆情。 （二）一般舆情：指除重大舆情之外的其他舆情。 第二章 ...

上海华测导航技术股份有限公司 董事会关于独立董事独立性自查情况的专项意见 根据《上市公司独立董事管理办法》《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》 等要求，上海华测导航技术股份有限公司（以下简称"公司"）董事会，就公司 在任独立董事陈义先生、葛伟军先生、黄娟女士的独立性情况进行评估并出具如 下专项意见： 经核查公司全体独立董事的任职经历及其签署的相关自查文件，上述人员未 在公司担任除独立董事以外的任何职务，也未在公司主要股东公司担任任何职务， 与公司以及主要股东之间不存在利害关系或其他可能妨碍其进行独立客观判断 的关系，不存在影响独立董事独立性的情况，符合《上市公司独立董事管理办法》 《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》中对独立董事独立性的相关要求。 上海华测导航技术股份有限公司 董事会 2025 年 4 月 17 日 ...

上海华测导航技术股份有限公司 信息披露暂缓与豁免事务管理制度 上海华测导航技术股份有限公司 信息披露暂缓与豁免事务管理制度 第一章 总则 第一条 为规范上海华测导航技术股份有限公司（以下简称"公司"）的信息 披露暂缓与豁免行为，督促公司及相关信息披露义务人（以下简称"信息披露义 务人"）依法合规地履行信息披露义务，保护投资者的合法权益，根据《中华人 民共和国证券法》等相关法律、行政法规、部门规章、规范性文件及《上海华测 导航技术股份有限公司章程》（以下简称"《公司章程》"）的有关规定，结合 公司实际情况，制订本制度。 第二条 信息披露义务人按照相关法律、行政法规、部门规章、规范性文件、 公司股票上市地证券监管规则的规定，办理信息披露暂缓、豁免业务的，适用本 制度。 第三条 公司应当披露的信息存在相关法律、行政法规、部门规章、规范性文 件、公司股票上市地证券监管规则中规定的暂缓、豁免情形的，由信息披露义务 人自行审慎判断，并接受公司股票上市地证券交易所对相关信息披露暂缓、豁免 事项实行的事后监管。 第二章 暂缓、豁免披露信息的范围 第四条 信息披露义务人拟披露的信息存在不确定性，属于临时性商业秘密 等情形，及时 ...

上海华测导航技术股份有限公司章程 上海华测导航技术股份有限公司 章 程 2025 年 4 月 上海华测导航技术股份有限公司章程 第一章 总则 第一条 为维护公司、股东和债权人的合法权益，规范公司的组织和行为， 根据《中华人民共和国公司法》（以下简称"《公司法》"）、《中华人民共和 国证券法》（以下简称"《证券法》"）和其他有关规定，制订本章程。 第二条 公司系依照《公司法》和其他有关法律法规的规定，由原上海华测 导航技术有限公司整体变更设立的股份有限公司（以下简称"公司"）。 公司在上海市市场监督管理局注册登记，取得统一社会信用代码为 91310000754343149G 的营业执照。 第三条 公司于 2017 年 2 月 17 日经中国证券监督管理委员会核准，首次向 社会公众发行人民币普通股 2,980 万股，于 2017 年 3 月 21 日在深圳证券交易所 创业板上市。 第四条 公司注册名称：上海华测导航技术股份有限公司。 第五条 公司住所：上海市青浦区徐泾镇高泾路 599 号 C 座（一照多址企 业），201702。 第六条 公司注册资本为人民币 549,462,674 元。 第七条 公司为永久存续的 ...

Financial Performance - The company reported a basic earnings per share of 1.0690 yuan for 2024, an increase of 28.02% compared to 0.8350 yuan in 2023 [1] - The net profit for 2024 reached 5.83 billion yuan, reflecting a growth of 29.84% from 4.49 billion yuan in 2023 [1] - The operating revenue for 2024 was 32.51 billion yuan, up 21.4% from 26.78 billion yuan in 2023 [1] - The return on equity (ROE) improved to 17.74% in 2024, compared to 16.27% in 2023, marking a 9.04% increase [1] Shareholder Structure - The top ten unrestricted shareholders collectively hold 18,978.11 million shares, accounting for 41.89% of the circulating shares, with an increase of 515.27 million shares from the previous period [1] - Major shareholders include Shanghai Taihexing Enterprise Development Partnership with 6,392.44 million shares (14.11%) and Ningbo Shangyu Venture Capital Partnership with 2,935.38 million shares (6.48%), both remaining unchanged [2] - Notable changes include a decrease of 42.18% in holdings by Ningbo Shankun Investment Management Partnership and a 51.40% reduction in holdings by He Wei [2] Dividend Distribution - The company announced a dividend distribution plan of 10 shares for every 4 shares held, along with a cash dividend of 5 yuan (tax included) [3]

Financial Performance - The company's operating revenue for 2024 reached ¥3,251,013,405.18, representing a 21.38% increase compared to ¥2,678,341,128.41 in 2023[21]. - Net profit attributable to shareholders for 2024 was ¥583,403,247.25, a 29.89% increase from ¥449,140,842.06 in 2023[21]. - The net profit after deducting non-recurring gains and losses was ¥503,793,315.68, up 35.31% from ¥372,318,834.82 in 2023[21]. - The cash flow from operating activities for 2024 was ¥659,056,803.43, an increase of 47.99% compared to ¥445,346,227.17 in 2023[21]. - Basic earnings per share for 2024 were ¥1.069, reflecting a 28.02% increase from ¥0.835 in 2023[21]. - Total assets at the end of 2024 amounted to ¥5,124,410,823.89, a 16.15% increase from ¥4,412,050,015.81 at the end of 2023[21]. - The company's net assets attributable to shareholders increased by 17.08% to ¥3,516,956,347.39 at the end of 2024, up from ¥3,003,916,308.55 at the end of 2023[21]. - The company reported a quarterly revenue of ¥983,486,539.90 in Q4 2024, with net profit attributable to shareholders of ¥193,710,377.87[23]. - The company's total revenue for 2024 reached ¥3,251,013,405.18, representing a year-on-year increase of 21.38% compared to ¥2,678,341,128.41 in 2023[81]. Dividend and Shareholder Returns - The company plans to distribute a cash dividend of 5 RMB per 10 shares (including tax) to all shareholders, with a capital reserve conversion of 4 additional shares for every 10 shares held[3]. - The company has implemented a stable dividend policy, having distributed a total of RMB 692.10 million in cash dividends since its listing, accounting for 41.33% of the cumulative net profit attributable to shareholders[143]. - In the last three years (2021-2023), the company distributed cash dividends totaling RMB 450.43 million, representing 40.77% of the cumulative net profit attributable to shareholders during that period[144]. Research and Development - The company's R&D investment amounted to ¥46,901.91 million, a 1.49% increase year-on-year, accounting for 14.43% of total revenue[75]. - The company is focused on developing next-generation GNSS chips and enhancing its core technology capabilities in high-precision satellite navigation solutions[92]. - The company is investing in R&D for new technologies, focusing on high-precision satellite navigation systems, which are projected to enhance market competitiveness[170]. - The company plans to increase R&D investment in basic components and core algorithms to leverage opportunities from the BeiDou and satellite internet industries[118]. - The number of R&D personnel increased by 10.73% to 681 in 2024, with a notable rise in master's degree holders by 29.49% to 303[93]. Market Expansion and Strategy - The company aims to expand its market share in both domestic and international markets, leveraging its leading position in the domestic market to penetrate overseas markets[124]. - Market expansion strategies include targeting new geographic regions, aiming for a 30% increase in market share over the next two years[170]. - The company is exploring potential acquisitions to enhance its product portfolio, with a budget of $100 million allocated for this purpose[7]. - The company is focusing on emerging markets such as autonomous driving and low-altitude economy to broaden its business scope[124]. Awards and Recognition - The company has received 1 National Technology Invention Award and 4 National Science and Technology Progress Awards, along with over 900 authorized intellectual property rights[45]. - The company has received multiple awards for technological advancements, including a national science and technology progress award, highlighting its commitment to innovation[170]. Corporate Governance - The company has established a robust corporate governance structure, ensuring compliance with relevant laws and regulations, and enhancing operational transparency[147]. - The board of directors consists of 7 members, including 3 independent directors, ensuring a balanced decision-making process[150]. - The company has a performance evaluation and incentive system linking management compensation to business performance, promoting transparency in executive appointments[153]. - The company maintains a fully independent operational structure, including procurement, R&D, production, and sales systems, independent from its controlling shareholders[158]. Risk Management - The report emphasizes the importance of risk awareness regarding forward-looking statements and future plans[3]. - The company acknowledges potential risks including market and operational risks, particularly if it fails to maintain its market share in high-precision GNSS receivers and emerging sectors like precision agriculture and autonomous driving[129]. - The company faces management and internal control risks as it expands its operational scale, necessitating ongoing optimization of its management systems[134]. Financial Management - The company has implemented cost control measures to ensure the efficient use of raised funds without compromising project quality[113]. - The company has established a value management system to enhance its market value and protect investor rights, focusing on improving operational efficiency and core competitiveness[141]. - The company has a dedicated team of financial personnel who do not receive salaries from controlling shareholders, ensuring financial independence[161]. Future Outlook - The company aims for a net profit of 730 million yuan in 2025, representing a growth of approximately 25% compared to the previous year[123]. - The company plans to use the remaining fundraising capital from July 1, 2024, to permanently supplement working capital[196]. - The company will maintain high R&D investment to enhance its core technology competitiveness, particularly in chips, boards, and modules for high-precision navigation[125].

Financial Performance - The company's net profit attributable to shareholders is expected to increase by 30.99% to 38.75%, reaching between RMB 135 million and RMB 143 million for Q1 2025[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses is projected to grow by 33.06% to 42.27%, amounting to between RMB 115.5 million and RMB 123.5 million[3] - Non-recurring gains and losses are anticipated to impact the current net profit by approximately RMB 19.5 million[6] Growth Drivers - The rapid growth in net profit is primarily driven by the company's global strategy and expansion in geospatial information, robotics, and autonomous driving sectors[5] - The company has increased its R&D investment to enhance core technology barriers and improve product competitiveness, facilitating rapid market expansion[5] Employee Incentives - The implementation of the employee stock incentive plan is expected to incur share-based payment expenses of approximately RMB 10.5 million during the reporting period[5] Financial Reporting - The financial data presented is based on preliminary calculations by the company's finance department and has not been audited[7] - The specific financial data for Q1 2025 will be detailed in the company's quarterly report[7] Investor Guidance - Investors are advised to make cautious decisions and be aware of investment risks[7] - The earnings forecast period is from January 1, 2025, to March 31, 2025[3]

Investment Rating - The report assigns a "Strong Buy" rating to the company with a target price of 54.16 CNY [2][10]. Core Viewpoints - The company is a leader in the high-precision spatiotemporal information industry in China, accelerating its expansion into overseas markets. It has a complete product system centered on high-precision positioning technology and is actively exploring new markets in various sectors [7][9][8]. - The company has shown steady revenue growth, with a compound annual growth rate (CAGR) of 23.66% from 2019 to 2023, and a projected revenue of 32.2 billion CNY in 2024, reflecting a year-on-year growth of 20.07% [31][38]. - The global GNSS market is expected to double in size over the next decade, driven by increasing demand for high-precision satellite navigation services across various applications [7][9]. Summary by Sections 1. Company Overview - The company, established in 2003, focuses on the research, manufacturing, and industrial promotion of high-precision navigation positioning technology. It aims to build an intelligent world using precise spatiotemporal information [14][26]. 2. Financial Performance - The company’s total revenue increased from 1.15 billion CNY in 2019 to 2.68 billion CNY in 2023, with a net profit rising from 140 million CNY to 449 million CNY during the same period. The net profit margin improved from 12.1% to 16.8% [31][38]. 3. Market Potential - The global GNSS market is projected to grow significantly, with sales expected to rise from 260 billion euros in 2023 to 580 billion euros by 2033. The high-precision satellite navigation market is anticipated to expand at a CAGR of 7.8% from 2024 to 2029 [7][9]. 4. Business Segments - The company operates in four main business segments: construction and infrastructure, geographic information, resources and public utilities, and robotics and autonomous driving. The revenue contributions from these segments are 36.1%, 15.9%, 42.1%, and 6.0%, respectively [7][30]. 5. Competitive Positioning - The company has established a global service system, covering over 120 countries and regions. It has been recognized as a leading domestic player in high-precision satellite navigation, with a growing international presence [9][10]. 6. Profitability Forecast - The company is expected to achieve net profits of 5.7 billion CNY, 7.4 billion CNY, and 10.1 billion CNY for the years 2024, 2025, and 2026, respectively, with corresponding growth rates of 27.8%, 29.6%, and 35.4% [10][31].

Demand Insights - Huace Navigation (300627) faces complex and fragmented logistics management across departments, necessitating a unified express management system to enhance digital logistics capabilities [2] Sales Logistics: Operational Challenges - The traditional management model in sales logistics leads to inefficiencies, particularly in courier selection, where reliance on experience hampers cost optimization [3] - Manual order consolidation in the shipping process results in high error rates and increased return rates, affecting customer satisfaction [4] - Lack of real-time integration between ERP/WMS systems and third-party logistics platforms creates tracking challenges and delays in order status updates [6] After-Sales Logistics: Process Gaps - The absence of an integrated express logistics management system complicates reverse logistics, making it difficult to manage returns and repairs efficiently [8] - Manual entry of tracking numbers leads to invalid or duplicate submissions, increasing processing times [9] - Logistics data is dispersed across multiple platforms, hindering visibility and tracking capabilities [10] Administrative Logistics: Efficiency Issues - Manual processes in package management lead to inefficiencies, with an average of 8 minutes spent locating packages [11] - The mixing of corporate and personal shipping accounts complicates the tracking and accountability of shipments [12] Solutions - Baidi Cloud's "Enterprise Express Management SaaS" integrates with collaboration platforms like WeChat and DingTalk, aiming for unified express management and data connectivity [13] - The system allows for dynamic pricing and efficiency recommendations based on multiple factors, optimizing courier selection [15] - Automated order consolidation reduces manual workload and error rates, enhancing order processing efficiency [16] - The system facilitates compliance and automated accounting, improving billing accuracy and departmental cost allocation [17] Implementation Results - After implementing Baidi Cloud's system, Huace Navigation achieved a 30% reduction in logistics costs and improved customer satisfaction through real-time tracking and order consolidation [27] - The reverse logistics process saw significant improvements, with reduced return processing times and enhanced visibility of logistics data [28] - Administrative logistics efficiency improved dramatically, with package retrieval times reduced from 8 minutes to 30 seconds, and a 70% reduction in labor costs [31]

证券代码：300627 证券简称：华测导航 公告编号：2025-018 上海华测导航技术股份有限公司 关于对外担保贷款逾期追偿结果的公告 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。 一、对外担保贷款情况概述 2023年，公司对广西天正1笔1,213,678.33元的贷款逾期承担了担保责任，具 体内容详见公司于2023年11月15日、2023年12月29日及2024年7月2日披露在巨潮 资讯网上的《关于公司对外担保贷款逾期的公告》（公告编号2023-098）、《关于公 司对外担保贷款逾期追偿进展公告》（公告编号2023-111）、《关于对外担保贷款逾 期追偿进展的公告》（公告编号2024-087）。截至本公告披露日，广西天正已完成 全部款项1,231,973.33元（代偿款1,213,678.33元、律师费17,000元、财产保全保险 费1,295元）还款。截至目前，公司及子公司不存在其他为所担保的贷款逾期承担 担保责任的情况。 1 证券代码：300627 证券简称：华测导航 公告编号：2025-018 为解决上海华测导航技术股份有限公司（以下简称"公司"或 ...