电连技术股份有限公司董事会 根据《上市公司募集资金管理办法》和《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》的相关规定，电连技术股份有限公司（以下简称"公司"） 对 2023 年度募集资金存放与使用情况专项说明如下： 一、募集资金基本情况 （一）募集资金到位情况 经中国证券监督管理委员会证监许可【2017】1102 号文《关于核准电连技术股份有限 公司首次公开发行股票的批复》核准，公司向社会首次公开发行 30,000,000 普通股（A 股）， 本次发行主承销商为招商证券股份有限公司（以下简称"招商证券"），发行价格为每股 67.72 元，募集资金共计人民币 2,031,600,000.00 元，扣除承销保荐费 166,028,000.00 元后的募集 资金为人民币 1,865,572,000.00 元，减除其他发行费用人民币 15,301,753.06 元，计募集资金 净额为人民币 1,859,668,058.26 元。上述募集资金到位情况经立信会计师事务所（特殊普通 合伙）验证，并于 2017 年 7 月 25 日出具信会师报字[2017]第 ZA15659 号验资报告。 （二 ...

证券代码：300679 证券简称：电连技术 公告编号：2024-008 电连技术股份有限公司 第三届董事会第二十六次会议决议公告 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 电连技术股份有限公司（以下简称"公司"）第三届董事会第二十六次会议于2024 年4月22日上午10:30在公司会议室以现场加通讯表决的方式召开，会议通知已于2024 年4月12日以书面、电子邮件方式送达全体董事。应参与表决董事7人，实际参与表决 董事7人。会议由董事长陈育宣先生主持，公司全体监事、高级管理人员列席了会议。 本次会议的召开符合法律、行政法规、部门规章和《电连技术股份有限公司章程》（以 下简称 "《公司章程》"）等相关规定。 二、董事会会议审议情况 （一）审议通过《关于公司2023年度总经理工作报告的议案》 公司董事会认真听取了总经理李瑛先生汇报的《2023年度总经理工作报告》，认 为报告真实、客观地反映了2023年度公司管理层落实股东大会、董事会各项决议，开 展各项生产经营活动的实际情况。 表决结果：同意7票，反对0票，弃权0票，表决通过。 （二） ...

Financial Performance - The company's total revenue for 2023 was approximately ¥3.13 billion, an increase of 5.37% compared to ¥2.97 billion in 2022[39]. - Net profit attributable to shareholders for 2023 was approximately ¥356.15 million, a decrease of 19.64% from ¥443.19 million in 2022[39]. - The net profit after deducting non-recurring gains and losses was approximately ¥348.41 million, an increase of 19.66% compared to ¥291.18 million in 2022[39]. - The basic earnings per share for 2023 was ¥0.84, down 20.75% from ¥1.06 in 2022[39]. - The total operating revenue for 2023 reached ¥3,129,067,006.69, an increase of approximately 5.37% compared to ¥2,969,578,467.83 in 2022[143]. - The total operating costs for 2023 were ¥2,787,621,615.88, up from ¥2,661,801,460.11 in 2022, reflecting a year-over-year increase of about 4.73%[143]. - The net profit attributable to shareholders of the listed company for 2023 was ¥42,804,528.11, a decrease from ¥74,369,531.51 in the previous year[151]. - The company's net profit for the reporting period was $368.52 million, a decrease of 21.2% compared to $467.96 million in the previous period[171]. - Total profit for the period was $394.99 million, a decline of 25.7% compared to $531.08 million in the previous period[171]. Assets and Liabilities - Total assets at the end of 2023 were approximately ¥6.29 billion, an increase of 8.34% from ¥5.81 billion at the end of 2022[39]. - The company's total liabilities as of December 31, 2023, amounted to ¥1,448,025,859.25, compared to ¥1,205,890,612.25 at the beginning of the year, indicating an increase of approximately 20.14%[143]. - The total equity attributable to shareholders of the parent company was ¥4,438,441,021.27 at the end of 2023, up from ¥4,145,970,146.70 at the start of the year, representing a growth of about 7.05%[143]. - The company's total non-current liabilities remained at CNY 0.00, indicating no long-term debt obligations[167]. Cash Flow and Investments - The company reported a net cash flow from operating activities of approximately ¥323.47 million, a slight decrease of 0.59% from ¥325.38 million in 2022[39]. - The company reported a net cash flow from operating activities of ¥64,749,454.34 for the year, compared to ¥158,939,087.24 in the previous year, showing a decline of about 59.25%[151]. - The company's cash and cash equivalents increased to approximately CNY 1.39 billion from CNY 1.32 billion, reflecting a growth of about 4.9%[137]. - The company invested RMB 178 million in the establishment of a partnership fund with Shenzhen Pengchen Yijia Investment Partnership and individual investor Shen Suyi[82]. Shareholder and Dividend Information - The company plans to distribute a cash dividend of ¥3.58 per 10 shares, totaling approximately ¥150 million[28]. - The company distributed a cash dividend of RMB 1.90 per 10 shares, totaling RMB 79,817,575.00 for the 2022 fiscal year[80]. - The total amount for the 2022 cash dividend, including the share repurchase amount of RMB 100,035,844.12, is RMB 179,853,419.12[94]. - The company has not made any changes to its top 10 shareholders during the reporting period[95]. - The top ten shareholders hold a total of 142,000,000 shares, with significant stakes from major shareholders such as Lin Deying and Ren Junjiang[191]. Operational Highlights - The company is focusing on expanding its market presence and developing new technologies to enhance its competitive edge[11]. - The company has a strategy for market expansion and new product development, focusing on 5G and automotive technologies[1]. - The company is actively exploring market expansion opportunities and new product development initiatives[195]. Corporate Governance and Compliance - The company has established internal systems to ensure accurate and timely information disclosure, complying with relevant laws and regulations[85]. - The company’s financial statements received a standard unqualified audit opinion from Da Hua Certified Public Accountants[101]. - The company has no non-operating fund occupation by controlling shareholders or other related parties during the reporting period[63]. - There were no violations regarding external guarantees during the reporting period[64]. - The company has not engaged in any major contracts or transactions outside of the disclosed activities during the reporting period[78]. Social Responsibility and Employee Welfare - The company actively engages in social responsibility and sustainable development, balancing economic, environmental, and social interests[51]. - The company emphasizes employee rights and diversity, ensuring equal rights in recruitment, employment, and promotion[55]. - The company has a commitment to safety production standards and has implemented various management systems to protect employee rights[55]. - The company has established a broad development platform for employees, providing diverse training opportunities[55]. Research and Development - Research and development expenses increased to $296.29 million, up 11.9% from $264.76 million year-over-year[171]. Miscellaneous - The company has no discrepancies in net profit and net assets between international and Chinese accounting standards for the reporting period[184]. - The company has a credit line of RMB 200 million with Beijing Bank, which has been extended until April 26, 2024[194]. - The company’s wholly-owned subsidiary provided a guarantee for the aforementioned credit line, ensuring controlled risk and supporting stable development[195].

证券代码：300679 证券简称：电连技术 公告编号：2024-007 电连技术股份有限公司 关于会计政策变更的公告 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。 特别提示： 上述会计政策变更公司依据以上文件规定的生效日期开始执行。 2、变更前采用的会计政策 本次变更前，公司执行财政部发布的《企业会计准则——基本准则》和各项具体 会计准则、企业会计准则应用指南、企业会计准则解释公告以及其他相关规定。 3、变更后采用的会计政策 本次变更后，公司将按照财政部发布的《解释第17号》的相关规定执行，其他未 变更部分，仍按照财政部前期颁布的《企业会计准则——基本准则》和各项具体会计 准则、企业会计准则应用指南、企业会计准则解释公告以及其他相关规定执行。 4、会计政策变更的性质 1、电连技术股份有限公司（以下简称"公司"）根据中华人民共和国财政部（以 下简称"财政部"）发布的《企业会计准则解释第17号》（财会〔2023〕21号）相关 要求，对会计政策进行相应变更。本次会计政策变更不会对公司财务状况、经营成果 和现金流量产生重大影响，不存在损害公司及股东利益的情况。 2、 ...

证券代码：300679 证券简称：电连技术 公告编号：2024-006 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。 截至2024年3月31日，公司通过股票回购专用证券账户以集中竞价交易方式回购 公司股份1,495,200股，占公司目前总股本的比例0.3540%，成交的最低价格为31.19 元/股，成交的最高价格为39.99元/股，支付的总金额为人民币56,838,752.00元（不 含佣金、过户费等交易费用），本次回购符合公司回购方案的要求。 二、其他事项说明 （一）公司首次回购股份的时间、回购股份数量及集中竞价交易的委托时段、 交易价格等符合《深圳证券交易所上市公司自律监管指引第 9 号——回购股份》等 相关规定。 1、公司未在下列期间内回购公司股票： 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（ ...

一、理财产品到期赎回情况 公司使用闲置募集资金人民币 10,000 万元向北京银行股份有限公司（以下简称"北 京银行"）购买了"欧元/美元固定日观察看涨型结构性存款"的保本浮动收益型理财 产品，目前该理财产品已到期，公司已赎回本金人民币 10,000 万元，共获得理财收益 人民币 105.48 万元。 二、继续使用部分闲置募集资金购买理财产品的基本情况 近日，公司继续使用部分闲置募集资金人民币 10,000 万元向北京银行购买了理财 产品，具体情况如下： 1、产品名称：欧元/美元固定日观察区间型结构性存款（DFJ2403099） 证券代码：300679 证券简称：电连技术 公告编号：2024-005 电连技术股份有限公司 关于使用部分闲置募集资金购买理财产品到期赎回并继续购买的公告 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。 电连技术股份有限公司（以下简称"公司"）于 2023 年 4 月 26 日召开了第三届 董事会第十七次会议及第三届监事会第十四次会议，会议分别审议通过了《关于使用 部分闲置自有资金和闲置募集资金购买理财产品的议案》。为提高资金使用效率 ...

证券代码：300679 证券简称：电连技术 公告编号：2024-004 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。 二、其他事项说明 （一）公司首次回购股份的时间、回购股份数量及集中竞价交易的委托时段、 交易价格等符合《深圳证券交易所上市公司自律监管指引第 9 号——回购股份》等 相关规定。 1、公司未在下列期间内回购公司股票： （1）自可能对本公司证券及其衍生品种交易价格产生重大影响的重大事项发生 之日或者在决策过程中，至依法披露之日内； （2）中国证监会和深圳证券交易所规定的其他情形。 2、公司回购股份符合下列要求： 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 ...

射频连接器老兵，领头汽车电子新战场 2024 年 03 月 02 日 [Table_Author] 本公司具备证券投资咨询业务资格，请务必阅读最后一页免责声明 证券研究报告 1 电连技术（300679.SZ）深度报告 | --- | --- | --- | --- | --- | |----------------------------------------------------|-------|------------------------------|-------|-------| | 项目 /年度 | 2022A | 2023E | 2024E | 2025E | | 营业收入（百万元） | 2,970 | 3,023 | 4,261 | 5,707 | | 增长率（ %） | -8.5 | 1.8 | 41.0 | 33.9 | | 归属母公司股东净利润（百万元） | 443 | 348 | 596 | 774 | | 增长率（ %） | 19.3 | -21.4 | 71.2 | 29.8 | | 每股收益（元） | 1.05 | 0.82 | 1.41 | 1.83 | | PE | 3 ...

Investment Rating - The report indicates a positive investment outlook for the company, highlighting its strong growth potential in the smartphone and automotive connector markets. Core Insights - The company has benefited from the rapid growth in smartphone sales, becoming a core supplier for major brands such as Xiaomi, OPPO, and Huawei, leading to significant revenue and profit growth [1][2]. - The automotive sector is emerging as a second growth space, driven by the increasing demand for high-speed connectors due to the acceleration of automotive intelligence [13][20]. - The company has established a strong research and development foundation, allowing it to produce high-standard products that meet international performance levels, particularly in RF connectors [8][52]. Summary by Sections Smartphone Market - The company's revenue grew from 469 million yuan in 2013 to 2.97 billion yuan in 2022, with a CAGR of 22.76% from 2013 to 2022 [2]. - The net profit attributable to the parent company increased from 155 million yuan in 2013 to 443 million yuan in 2022, with a CAGR of 12.38% during the same period [2]. Automotive Market - The automotive connector revenue reached approximately 0.93 billion yuan in 2020, with significant growth to 3.12 billion yuan in 2021 and 5.14 billion yuan in 2022, reflecting year-on-year increases of 236% and 65% respectively [56]. - The company has successfully entered the automotive high-speed connector market, with a complete product layout established since 2014, including products like Fakra and HSD connectors [52][56]. Research and Development - The company maintains a high R&D expense ratio, consistently above 8.5% since its listing, with a reported R&D expense of 236 million yuan in the first three quarters of 2023, corresponding to a 10.69% R&D expense ratio [58]. - The company has developed advanced manufacturing capabilities, achieving precision processing capabilities below 2μm, which is critical for the production of high-quality connectors [63]. Market Trends - The domestic automotive high-speed connector market is projected to grow significantly, with an expected market size of 390.56 billion yuan by 2027, representing a 202% increase from 2022 [32]. - The penetration of advanced driving assistance systems (ADAS) is expected to drive demand for high-speed connectors, with the market for intelligent driving high-speed connectors projected to grow from 10.05 billion yuan in 2022 to 31.61 billion yuan by 2027, at a CAGR of 25.8% [28][29].

Investment Rating - The investment rating for the company is "Buy" with a maintained rating for the next six months [3][13]. Core Views - The company has consistently paid dividends since its listing, with a cash dividend ratio exceeding 40% of net profit attributable to shareholders for the past three years. It has also executed three share buyback plans since 2019 and aims to enhance shareholder returns sustainably [2]. - The company is expected to benefit from the recovery in the consumer electronics sector, particularly with Huawei's return and the overall industry improvement. The mobile phone business is projected to see a quarter-on-quarter increase in Q4 2023, while the automotive sector is anticipated to grow rapidly due to the introduction of new clients and the popularity of advanced driver-assistance systems [2][8]. - The company has launched a "Quality Return Dual Improvement" action plan to enhance operational management and core competitiveness, aiming for long-term growth and investor returns [7][22]. Financial Data Summary - Revenue is projected to grow from 3,156.66 million yuan in 2023 to 6,451.35 million yuan in 2025, with a growth rate of 48% in 2024 and 38.09% in 2025 [6][8]. - Net profit attributable to the parent company is expected to increase from 385.86 million yuan in 2023 to 857.20 million yuan in 2025, reflecting a growth rate of 56.41% in 2024 and 42.04% in 2025 [6][8]. - Earnings per share (EPS) is forecasted to rise from 0.91 yuan in 2023 to 2.03 yuan in 2025 [6][8]. Market Position and Outlook - The company is well-positioned to benefit from the recovery in the Android smartphone market and the rapid advancement of automotive intelligence, particularly with the competitive pricing in the automotive sector [8]. - The company has a comprehensive product line for automotive connectors and is gradually onboarding major domestic manufacturers, which is expected to drive significant growth in this segment [2][8].