电连技术股份有限公司 关于回购公司股份的进展公告 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。 电连技术股份有限公司（以下简称"公司"）于 2023 年 11 月 8 日召开第三届 董事会第二十四次会议及第三届监事会第二十一次会议，会议审议通过了《关于回 购公司股份方案的议案》。公司拟使用自有资金以集中竞价交易的方式回购公司发 行的人民币普通股股票（以下简称"本次回购"）用于股权激励或员工持股计划。 本次回购资金总额不低于人民币 5,000 万元（含），不超过人民币 10,000 万元（含）， 具体回购股份的价格、数量以回购结束时实际回购的股份数量为准。本次回购股份 的实施期限为自公司董事会审议通过本次回购方案之日起 12 个月内。具体情况详见 公司分别 于 2023 年 11 月 8 日 、 2023 年 11 月 10 日 在 巨 潮 资 讯 网 （http://www.cninfo.com.cn）披露的《关于回购公司股份方案的公告》（公告编号： 2023-081）和《回购报告书》（公告编号：2023-083）。 一、回购公司股份的进展情况 根据《上市公 ...

证券代码：300679 证券简称：电连技术 公告编号：2024-036 电连技术股份有限公司 关于全资子公司为公司申请银行授信提供担保的公告 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。 1、公司名称：电连技术股份有限公司 2、统一社会信用代码：91440300795435728P 3、企业类型：股份有限公司（上市、自然人投资或控股） 4、住所：深圳市光明区公明街道西田社区锦绣工业园 8 栋第一层至第三层 A 区 （一照多址企业） 5、成立日期：2006 年 11 月 20 日 6、法定代表人：陈育宣 7、注册资本：42238.49 万人民币 8、经营范围：精密模具、通讯用电子连接器、电子塑胶制品的技术开发、设计、 销售，国内商业、物资供销业，货物及技术进出口；自有房屋租赁。（以上项目均不 含法律、行政法规、国务院决定规定需前置审批及禁止项目）；软件开发；机械设备 研发；机械设备销售；电子元器件与机电组件设备制造；电子元器件制造。（除依法 须经批准的项目外，凭营业执照依法自主开展经营活动）精密模具、通讯用电子连接 器、电子塑胶制品的制造。 一、本次担保情况概 ...

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。 证券代码：300679 证券简称：电连技术 公告编号：2024-035 电连技术股份有限公司 关于2022年限制性股票激励计划第二类限制性股票 首次授予第二个归属期及预留授予第一个归属期 归属结果暨股份上市的公告 重要内容提示： 1、本次第二类限制性股票上市流通日：2024年7月26日。 2、本次第二类限制性股票归属数量：139.98万股，占目前公司总股本的0.33%。 3、本次第二类限制性股票归属人数：209人。其中，首次授予第二个归属期符合 资格的激励对象共计207人，预留授予第一个归属期符合资格的激励对象共计2人。 4、本次第二类限制性股票归属股票来源：公司向激励对象定向发行公司A股普通 股股票。 电连技术股份有限公司（以下简称"公司"）于2024年7月5日分别召开第三届董 事会第二十七次会议和第三届监事会第二十四次会议，审议通过了《关于2022年限制 性股票激励计划第二类限制性股票首次授予第二个归属期及预留授予第一个归属期归 属条件成就的议案》，近日，公司办理完成了2022年限制性股票激励计划第二类限制 ...

Investment Rating - The report maintains a "Buy" rating for the company [6][16]. Core Views - The company is expected to achieve a net profit attributable to shareholders of 300-335 million yuan in H1 2024, representing a year-on-year increase of 140%-168% [1][4]. - The automotive and consumer electronics sectors are driving strong performance, with significant sales growth from major clients [4][14]. - The company is benefiting from improved operational efficiency and cost control, leading to an increase in gross margin and profitability [4][16]. Financial Performance Summary - Revenue for 2024 is projected to be 4.23 billion yuan, with a growth rate of 35.17% [7]. - The net profit for 2024 is forecasted at 642 million yuan, reflecting an 80.12% increase [7]. - Earnings per share (EPS) is expected to reach 1.52 yuan in 2024, with a compound annual growth rate (CAGR) of 43% from 2024 to 2026 [16]. Market Trends - The penetration rate of L2+ vehicles reached 9.25% from January to May 2024, an increase of 4.43 percentage points year-on-year, indicating a growing demand for advanced driving features [6][16]. - The company’s automotive business is expected to benefit from the rising demand for high-speed connectors as the market for advanced driver-assistance systems expands [15][16]. Client Performance - Major automotive clients such as Geely, Chery, Changan, and Great Wall Motors reported significant sales growth in Q2 2024, with year-on-year increases of 29%, 41%, 6%, and a slight decrease of 5% respectively [14]. - The consumer electronics segment is also performing well, with Huawei's P70 launch boosting sales, and other brands like Xiaomi, Vivo, and Oppo showing positive growth [14].

Investment Rating - The report maintains a "Buy" rating for the company, indicating a positive outlook for its performance relative to the market [2][14][9]. Core Insights - The company is expected to achieve a significant year-on-year increase in net profit for the first half of 2024, with estimates ranging from 300 to 335 million yuan, reflecting a growth of 139.72% to 167.69% [2]. - The growth is attributed to the recovery in the global consumer electronics industry and the introduction of new clients in the automotive high-frequency and high-speed connector business [2][3]. - The report projects an upward revision of net profit forecasts for 2024, 2025, and 2026 to 620 million, 820 million, and 1.05 billion yuan respectively, with corresponding price-to-earnings ratios of 25.4, 19.3, and 15.1 times [2][3]. Financial Performance Summary - The company reported a net profit of 443 million yuan in 2022, which decreased to 356 million yuan in 2023, but is expected to rebound to 624 million yuan in 2024, representing a year-on-year growth of 75.1% [7]. - Revenue is projected to grow from 2.97 billion yuan in 2022 to 4.03 billion yuan in 2024, reflecting a compound annual growth rate of 28.9% [7]. - The gross margin is expected to improve from 31.7% in 2022 to 33.5% in 2024, indicating enhanced profitability [7]. Business Segment Insights - The automotive connector segment is experiencing rapid growth, with the company entering the supply chains of major domestic automotive manufacturers such as Geely, Great Wall, BYD, and Changan [3]. - The consumer electronics segment is also recovering, driven by increasing demand from terminal manufacturers and improved profitability in the flexible circuit board business [3]. - The company is focusing on expanding its market presence in non-mobile consumer electronics while enhancing its capabilities in high-frequency and high-speed automotive connectors [3].

Investment Rating - The report maintains a "Recommended" rating for the company [3]. Core Views - The company is expected to achieve a net profit attributable to shareholders of 300 to 340 million yuan in the first half of 2024, representing a year-on-year growth of 139.7% to 167.7% [1]. - The second quarter of 2024 is projected to see a net profit of 138 to 173 million yuan, with a year-on-year increase of 99% [1]. - The company's revenue growth is driven by stable growth in its main business, particularly in automotive connectors and a recovery in the consumer electronics sector [1]. - The company is positioned as a leader in automotive high-speed connectors, benefiting from the increasing demand due to the electrification and intelligence of vehicles [1]. - The consumer electronics segment is expanding with a focus on RF signal transmission and detection, enhancing the product matrix [1]. - The company is expected to achieve net profits of 685 million, 891 million, and 1.132 billion yuan for the years 2024, 2025, and 2026, respectively, with corresponding PE ratios of 23, 18, and 14 [2][4]. Financial Summary - The company forecasts total revenue of 4.55 billion yuan in 2024, with a growth rate of 45.4% [2]. - The gross profit margin is expected to improve to 36.04% in 2024 [4]. - The net profit margin is projected to be 15.06% in 2024 [4]. - The company's total assets are estimated to reach 7.022 billion yuan by 2024 [6]. - The return on equity (ROE) is expected to increase to 13.85% in 2024 [4].

2024 年 07 月 19 日 事件： 按照中值看，2024 年 H1 公司实现归母净利润 3.18 亿元，同比+154%，业绩 高增主要系汽车与消费电子业务均表现优异。汽车方面，主要客户吉利/奇 瑞/长安/长城汽车 24Q2 销量同比分别+29%/+41%/+6%/-5%，环比分别 +1%/+7%/-7%/+3%；问界 24Q2 累计交付同比+526%，环比+11%，销量表现优 异。消费电子方面，P70 上市带动华为手机放量，24Q2 小米/Vivo/Oppo 手 机销量同比分别+27%/22%/2%，射频连接器及相关产品延续 Q1 稼动率水平。 ➢ 高阶智驾进程加速，高速高频连接器需求旺盛 我们预计公司 2024-2026 年营业收入分别为 42.3/52.7/64.2 亿元，同比增 速分别为 35%/25%/22%，归母净利润分别为 6.4/8.3/10.4 亿元，同比增速 分别为 80%/29%/25%，EPS 分别为 1.52/1.96/2.45 元/股，CAGR-3 为 43%。 鉴于下游消费电子有望延续高景气，汽车高速连接器进入快速成长期，维 持"买入"评级。 风险提示：汽车销量不及预期；消费 ...

Investment Rating - The report maintains a "Buy" rating for the company, expecting a relative price increase of over 15% in the next six months [8][26]. Core Insights - The company's performance in the second quarter slightly exceeded market expectations, with a projected net profit attributable to shareholders of 300-340 million yuan for the first half of 2024, representing a year-on-year increase of 140%-168% [1]. - The growth is attributed to the optimization of product structure, particularly the increase in high-margin automotive connectors and the recovery in demand for consumer electronics [1]. - The company is expected to maintain a high growth trend due to the recovery in consumer electronics demand, new product introductions, and the ramp-up of high-end autonomous driving models [1]. Financial Performance Summary - The company's operating cash flow is projected to increase significantly from 323 million yuan in 2023 to 978 million yuan in 2024 [6]. - The net profit forecast for 2024 is 701.52 million yuan, with a year-on-year growth of 96.97% [10]. - The price-to-earnings (P/E) ratio is expected to decrease from 43.18 in 2023 to 21.92 in 2024, indicating improved valuation [10][26]. Business Segment Insights - The consumer electronics segment is benefiting from the rise of Huawei and industry recovery, with RF connectors expected to contribute significantly to revenue growth [11]. - The automotive business is positioned for high growth, driven by the increasing penetration of high-end autonomous driving models and the expansion of overseas customer bases [18].

Investment Rating - The report maintains a "Strong Buy" rating for the company, with a target price of 56.74 CNY, based on a projected 36 times PE for 2024 [2][24][26]. Core Insights - The consumer electronics industry is recovering, leading to stable revenue growth for the company's main business. The company has a strong presence in the consumer electronics connector market, serving major smartphone brands such as Xiaomi, OPPO, and Huawei. Revenue from consumer electronics products is expected to see significant year-on-year growth as the industry recovers [2][24]. - The company is strategically positioned in the automotive high-frequency and high-speed connector market, which is expected to drive long-term growth due to increasing demand from electric and smart vehicles. The company has optimized its customer structure in the automotive sector, with core customer revenue showing rapid growth [2][24]. - Automation improvements and cost optimization have led to a significant increase in the gross profit margin of the company's main products. The company is expected to see a substantial increase in net profit attributable to shareholders due to rising revenue and improved margins [2][24]. Financial Summary - The company is projected to achieve a net profit attributable to shareholders of 666 million CNY in 2024, with a year-on-year growth rate of 86.9%. Revenue is expected to reach 4.39 billion CNY, reflecting a growth rate of 40.4% [6][25]. - Key financial metrics for 2024 include an earnings per share (EPS) of 1.58 CNY and a price-to-earnings (P/E) ratio of 26 [6][25]. - The company's total assets are projected to grow from 6.29 billion CNY in 2023 to 7.11 billion CNY in 2024, indicating a strong growth trajectory [6][25].

2024 年半年度业绩预告 （1）业绩预告期间 □扭亏为盈 ☑同向上升 同向下降 二、与会计师事务所沟通情况 报告期内，公司生产经营模式未发生重大的变化，2024 年半年度业绩出现同比 上升，主要原因如下： 3、本报告期非经常性损益对净利润的影响金额约为 1,400 万元。 电连技术股份有限公司 一、本期业绩预计情况 （2）业绩预告情况 注：本业绩预告中"元"均指"人民币元" 三、业绩变动原因说明 优化，核心客户营收同比保持高速增长；消费电子行业产品随着消费电子行业复苏， 营收同比提升明显。 四、其他相关说明 五、备查文件 特此公告。 证券代码：300679 证券简称：电连技术 公告编号：2024-034 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。 2024 年 1 月 1 日至 2024 年 6 月 30 日 | --- | --- | --- | |----------------|----------------------------------------|-------------------------| | 项 目 | 本报告期 | 上年同 ...