证券代码：300762 证券简称：上海瀚讯 公告编号：2024-055 上海瀚讯信息技术股份有限公司 第三届监事会第十次临时会议决议公告 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 上海瀚讯信息技术股份有限公司（以下简称"公司"）第三届监事会第十次 临时会议通知已于 2024 年 9 月 14 日以邮件、短信方式通知公司全体监事，会议 于 2024 年 9 月 18 日在公司会议室召开。本次会议应出席监事 3 名，实际出席会 议监事 3 名。本次会议由监事会主席李默颖先生主持。本次会议的召开和表决程 序符合《公司法》等法律、法规以及《公司章程》的有关规定，合法有效。 二、监事会会议审议情况 经与会监事认真审议，形成如下决议： 1. 审议通过了《关于与关联方共同投资设立参股公司暨关联交易的议案》 经审议，监事会认为：公司此次与关联方共同投资设立参股公司暨关联交易 事项通过充分整合各投资方的资金、技术、行业经验等优势，进一步扩大业务范 围，符合公司长远发展；公司与关联方共同投资设立参股公司符合诚实信用、公 平公正的原则，定价公允，不存在 ...

证券代码：300762 证券简称：上海瀚讯 公告编号：2024-054 上海瀚讯信息技术股份有限公司 第三届董事会第十三次临时会议决议公告 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 上海瀚讯信息技术股份有限公司（以下简称"公司"）第三届董事会第十三 次临时会议通知于 2024 年 9 月 14 日以邮件和电话方式送达全体董事，会议于 2024 年 9 月 18 日在公司会议室召开，会议应出席董事 6 人，实际出席董事 6 人。 会议由公司董事长胡世平先生主持。本次会议的召集、召开、表决程序符合《公 司法》和《上海瀚讯信息技术股份有限公司章程》的有关规定，合法有效。 二、董事会会议审议情况 经与会董事认真审议，形成如下决议： 董事会同意公司与关联方成都中科微信息技术研究院有限公司、胡世平先生、 顾小华女士及上海瀚希科技合伙企业(有限合伙)共同投资设立成都中科星联信 息技术有限公司（暂定名，最终以市场监督管理部门核准登记为准），公司拟以 自有资金出资 300 万元，持股比例为 10%。本次公司与以上关联方共同投资设立 参股公司暨关联交 ...

成都中科微为公司实际控制人、过去12个月的曾任董事长卜智勇控制的企 业；胡世平先生为公司董事长、总经理；顾小华女士为公司董事会秘书、副总 经理、财务负责人。根据《深圳证券交易所创业板股票上市规则》及相关规 定，本次公司与关联方成都中科微、胡世平先生、顾小华女士共同投资设立参 股公司事项构成关联交易。 证券代码：300762 证券简称：上海瀚讯 公告编号：2024-053 上海瀚讯信息技术股份有限公司 关于与关联方共同投资设立参股公司暨关联交易的公告 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、 关联交易概述 上海瀚讯信息技术股份有限公司（以下简称"公司"或"上海瀚讯"）于 2024年9月18日在公司会议室召开第三届董事会第十三次临时会议和第三届监事 会第十次临时会议，分别以5票同意、0票反对、0票弃权和以3票同意、0票反 对、0票弃权的表决结果，审议通过了《关于与关联方共同投资设立参股公司暨 关联交易的议案》，同意公司与关联方成都中科微信息技术研究院有限公司 （以下简称"成都中科微"）、胡世平先生、顾小华女士及上海瀚希科技合伙 企业(有限合伙)（以下简 ...

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：300762 证券简称:上海瀚讯 公告编号：2024-056 上海瀚讯信息技术股份有限公司 特别提示 2024 年第二次临时股东大会决议公告 1、 本次股东大会不存在否决议案情形。 （1）现场会议召开时间：2024 年 9 月 19 日（星期四）14:30 （2）网络投票时间：2024 年 9 月 19 日，其中： ①通过深圳证券交易所交易系统进行网络投票的具体时间为：2024 年 9 月 19 日 9:15-9:25，9:30-11:30，13:00-15:00； ②通过深圳证券交易所互联网投票系统投票的具体时间为：2024 年 9 月 19 日 9:15-15:00 期间的任意时间。 2、 本次股东大会不涉及变更以往股东大会已通过的决议。 2、会议召开地点：上海市嘉定区鹤友路 258 号公司会议室 6、会议召开的合法、合规性：本次股东大会的召集、召开符合《公司法》 《上市公司股东大会规则》《深圳证券交易所创业板股票上市规则》等有关法律、 行政法规、部门规章、规范性文件和《公司章程》的有关规定。 3、 ...

Investment Rating - The investment rating for Shanghai HanXun (300762) has been downgraded to "Recommend" due to lower-than-expected demand from downstream customers [1] Core Views - Shanghai HanXun's revenue and net profit were under pressure in H1 2024 due to industry fluctuations, with revenue declining by 27.56% YoY to RMB 106 million and net profit dropping by 252.81% YoY to a loss of RMB 52 million [1] - The company's gross margin improved by 18.77% YoY to 68.33% in H1 2024, driven by a significant order from Yuanxin worth RMB 51.13 million, accounting for 48.14% of total revenue [1] - In Q2 2024, revenue fell by 45.08% YoY and 43.96% QoQ to RMB 38 million, while net profit decreased by 549.01% YoY and 318.58% QoQ to a loss of RMB 42 million [1] - The company has made progress in multiple product areas, including vehicle-mounted terminals, 5G base stations, and satellite communication projects, which are expected to drive future growth [1] - Shanghai HanXun has completed the conversion of achievements in tactical communication, 5G communication, data link, and satellite communication fields, with several projects entering small-scale production or trial use [1] Financial Forecast - Revenue is expected to grow from RMB 437 million in 2024 to RMB 1.504 billion in 2026, with a CAGR of 85.5% [1][2] - Net profit is projected to increase from RMB 43 million in 2024 to RMB 375 million in 2026, with a CAGR of 196.5% [1][2] - EPS is forecasted to rise from RMB 0.07 in 2024 to RMB 0.60 in 2026 [1][2] - The company's gross margin is expected to improve from 52.5% in 2024 to 58.0% in 2026, while net margin is projected to increase from 9.8% to 24.9% over the same period [2] Industry and Market Performance - Shanghai HanXun operates in the military industry sector, with a current stock price of RMB 13.34 as of September 11, 2024 [4] - The company's market capitalization is RMB 8.377 billion, with a total of 627.97 million shares outstanding [4] - Over the past 12 months, the stock has underperformed the CSI 300 index, with a decline of 53% compared to the index's 27% drop [5]

Investment Rating - The report maintains a "Buy" rating for the company [1] Core Views - The company's short-term performance is under pressure due to industry fluctuations, but its satellite business is expected to see significant growth [2] - The company is deeply involved in the construction of satellite internet through the Qianfan Constellation project, which aims to provide global network coverage by 2030 [4] - The company has a comprehensive industry chain layout and is increasing its R&D investment, which is expected to drive future growth [4] Financial Performance - The company reported a revenue of 106 million yuan in the first half of 2024, a year-on-year decrease of 27.56%, and a net profit attributable to the parent company of -52 million yuan, a year-on-year decrease of 252.81% [3] - The company's gross margin improved in Q2 2024, reaching 74.09%, up 38.33 percentage points year-on-year and 8.99 percentage points quarter-on-quarter [3] - The company's R&D investment in the first half of 2024 was 123 million yuan, remaining stable compared to the previous year [4] Industry and Market Position - The company is a leader in the military broadband communication market and is expected to benefit from the upgrade of military communication from narrowband to broadband [5] - The company has a strong position in the low-orbit satellite industry chain and is expected to see significant growth as the satellite internet market expands [5] Future Outlook - The company's new products are expected to drive performance recovery as the demand for military products normalizes [3] - The company's participation in the Qianfan Constellation project and its R&D achievements are expected to provide sustained growth momentum [4] - The company's profit forecast for 2024-2026 has been adjusted, with expected net profits of 21 million yuan, 263 million yuan, and 345 million yuan, respectively [5] Valuation - The company's 2025 PE ratio is 33x, which is below the 5-year historical average of 64x and the average PE ratio of comparable companies for 2025, which is 36x [5]

证券代码：300762 证券简称：上海瀚讯 公告编号：2024-052 上海瀚讯信息技术股份有限公司 关于放弃控股子公司优先购买权暨关联交易的补充公告 | 项目 | 2024 年 6 月 30 日 | | | --- | --- | --- | | 资产总额 | | 41,006,710.80 | | 负债总额 | | 1,677,110.56 | | 净资产 | | 39,329,600.24 | | 项目 | 2024 年 1 月 1 日-2024 年 6 月 30 | 日 | | 营业收入 | | 149,557.52 | | 营业利润 | | -24,216,392.61 | | 净利润 | | -18,208,621.69 | | 经营活动产生的现金流量净额 | | -24,563,810.47 | 注：以上数据为中科宇联 2024 年半年度未经审计的数据。 本次的交易标的为中科宇联 17.96%的股权，根据中科宇联的业务及财务情 况，经上海联新和卜智勇先生双方协商，协议约定股权转让金额为人民币 1,623.29 万元。本次公司放弃控股子公司优先购买权暨关联交易事项不构成《上 市公司重大资产重组管理 ...

Investment Rating - The report maintains a "Recommended" rating for the company [3]. Core Views - The company reported a revenue of 106 million yuan in the first half of 2024, a year-on-year decrease of 27.56%, with a net loss attributable to the parent company of 52 million yuan [1]. - In Q2 2024, the company faced performance pressure due to downstream industry demand factors, achieving a revenue of 38 million yuan, down 45.08% year-on-year and 43.96% quarter-on-quarter, with a net profit loss of 42 million yuan, which is an increase in loss compared to Q2 2023 and Q1 2024 [1]. - The satellite internet sector shows promising prospects, with the company deeply involved in low-orbit satellite constellation construction. The global satellite internet market is expected to exceed 400 billion yuan by 2025, with significant growth in satellite communication terminals and operational revenue [1]. - The company has initiated the development of low-orbit satellite communication subsystems and has secured orders exceeding 50 million yuan for satellite communication equipment [1]. - The deployment of 5G has become a national strategy, and the company has made significant progress in its product layout, including the completion of lightweight core networks and terminal modules, and has been selected for military equipment development [1]. Financial Summary - The company forecasts revenues of 313 million yuan in 2024, with a growth rate of -21.9%, and expects net profits attributable to the parent company to be -190 million yuan in 2023, turning positive in 2024 with 42 million yuan [2][4]. - The projected net profits for 2024-2026 are 42 million yuan, 99 million yuan, and 189 million yuan respectively, indicating a strong recovery trajectory [1][2]. - The company’s earnings per share are expected to improve from -0.30 yuan in 2024 to 0.30 yuan in 2026 [2][4].

Financial Performance - The company reported a revenue of RMB 300 million for the first half of 2024, representing a 15% increase compared to the same period in 2023[7]. - The company has set a revenue guidance of RMB 600 million for the full year 2024, indicating a projected growth of 10% from 2023[7]. - The company's operating revenue for the first half of 2024 was ¥106,219,950.45, a decrease of 27.56% compared to ¥146,641,300.41 in the same period last year[12]. - The net loss attributable to shareholders was ¥52,047,041.40, representing a 252.81% increase in losses compared to a net loss of ¥14,752,088.79 in the previous year[12]. - The net cash flow from operating activities was -¥130,714,070.04, which is an 11.21% decline from -¥117,538,457.34 in the same period last year[12]. - The gross profit margin for broadband mobile communication equipment was 68.06%, compared to 55.36% in the previous year[23]. - The company reported a net loss of CNY 72,962,400.39 for the first half of 2024, compared to a loss of CNY 28,298,056.42 in the same period of 2023[97]. - The total comprehensive loss attributable to the parent company for the first half of 2024 was approximately ¥50.07 million, compared to a loss of ¥12.63 million in the first half of 2023[101]. User Growth and Market Expansion - User data showed a growth in active users to 1.5 million, up 20% year-over-year[7]. - The company plans to expand its market presence in Southeast Asia, targeting a 25% increase in market share by 2025[7]. - The company is positioned to benefit from the increasing emphasis on defense informationization, which is a key driver for the broadband mobile communication market[16]. Product Development and Innovation - New product development includes the launch of a 5G communication device, expected to contribute an additional RMB 50 million in revenue by the end of 2024[7]. - The company has invested RMB 20 million in R&D for new technologies, focusing on AI integration in communication systems[7]. - The company aims to enhance its R&D capabilities and product offerings to meet the stringent performance requirements of its unique customer base[19]. - The company has initiated the development of low-orbit satellite communication subsystem equipment and is involved in related satellite constellation projects[22]. Strategic Acquisitions and Investments - A strategic acquisition of a local tech firm is in progress, which is anticipated to enhance the company's technological capabilities and add RMB 30 million in annual revenue[7]. - The company completed an acquisition of Chengdu Zhongke Yulian Information Technology Co., Ltd., which is expected to impact overall operations and performance positively[49]. - The company has invested RMB 62,500,000.00 during the reporting period, compared to RMB 0.00 in the same period last year, indicating a significant increase[34]. Financial Position and Cash Flow - The total assets at the end of the reporting period were ¥3,597,621,770.68, reflecting a 3.37% increase from ¥3,480,462,750.96 at the end of the previous year[12]. - The company's total liabilities increased to CNY 1,125,775,114.36 from CNY 984,162,791.26, reflecting a rise of about 14.4%[92]. - The net increase in cash and cash equivalents was -¥101,051,138.27, a decline of 117.48% due to decreased collection of accounts receivable and investments in joint ventures[26]. - The company reported a cash balance of CNY 10,741.20 at the end of the period, unchanged from the beginning of the period[172]. Risks and Challenges - The company faces potential risks related to market competition and regulatory changes, with strategies in place to mitigate these risks[2]. - The company faces risks from intensified market competition as more research institutions and private enterprises increase their R&D efforts in the broadband mobile communication sector[49]. - Customer procurement orders are subject to fluctuations, which may lead to uncertainty in the company's revenue[49]. - The company is at risk of losing core technical personnel due to competition offering better compensation, which could adversely affect business operations if not addressed promptly[50]. Corporate Governance and Compliance - The company emphasizes compliance and social responsibility, focusing on creating value for shareholders while fulfilling obligations to employees and other stakeholders[56]. - The company has established a clear governance structure with a board of directors responsible for maximizing shareholder interests, supported by various committees[56]. - The company has fulfilled all commitments made by actual controllers and shareholders regarding share transfer restrictions, with a lock-up period of 36 months from the date of listing[58]. Research and Development - Research and development expenses increased to CNY 112,428,408.69, up 18.6% from CNY 94,728,912.12 in the previous year[97]. - The company has 55 core patents and 114 software copyrights, demonstrating strong independent intellectual property capabilities[24]. - The company has been recognized as a high-tech enterprise and has received multiple certifications for its innovation capabilities[24]. Shareholder Information - The first extraordinary shareholders' meeting in 2024 had an investor participation rate of 26.28%[54]. - The annual shareholders' meeting in 2023 had an investor participation rate of 27.84%[54]. - The company does not plan to distribute cash dividends or issue bonus shares for the half-year period[55]. Inventory and Receivables - Inventory increased by 28.91% to ¥367,511,677.52, mainly to ensure delivery tasks for the second half of the year[29]. - The total accounts receivable at the end of the period amounted to ¥1,252,320,085.58, an increase from ¥1,208,349,143.59 at the beginning of the period[177]. - The provision for bad debts at the end of the period was ¥240,203,477.04, reflecting a provision ratio of 19.18%[179]. Taxation and Financial Regulations - The company is subject to a corporate income tax rate of 15% as a high-tech enterprise, effective for three years from December 23, 2021[171]. - The company’s effective corporate income tax rate varies by subsidiary, with rates of 15% for Shanghai Hanxun Information Technology Co., Ltd. and 5% for Nanjing Hanxun Information Technology Co., Ltd.[170].