证券代码：300833 证券简称：浩洋股份 公告编号：2024-048 广州市浩洋电子股份有限公司 第三届监事会第十六次会议决议公告 本公司及监事会全体成员保证信息披露内容的真实、准确和完整，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 广州市浩洋电子股份有限公司（以下简称"公司"）第三届监事会第十六 次会议通知于 2024 年 11 月 22 日通过书面通知的方式送达。会议于 2024 年 11 月 27 日在公司会议室以现场表决方式召开，由监事会主席陈嘉仪女士召集并主 持，本次会议应出席监事 3 名，实际出席监事 3 名，占公司全体监事人数的 100%。 本次会议的召集、召开符合《中华人民共和国公司法》、《广州市浩洋电子股份 有限公司章程》等有关规定。 二、监事会会议审议情况 与会监事对本次会议需审议的议案进行了充分讨论，审议通过了以下议案： 1、审议通过《关于公司 2025 年度向银行等金融机构申请授信额度的议 案》 2、审议通过《关于公司及子公司利用闲置自有资金购买理财产品或结构 性存款的议案》 经审核，监事会同意公司 2025 年度向银行等金融机构申请 4 亿元授信额度 并同意董事 ...

Investment Rating - The report maintains a "Buy" rating for Haoyang Co Ltd (300833 SZ) with a target price of 59 08 RMB per share [1][3] Core Views - Haoyang Co Ltd's Q3 2024 performance fell short of expectations with revenue of 278 million RMB (-8 04% YoY -21 52% QoQ) and net profit of 55 million RMB (-36 50% YoY -45 87% QoQ) [1] - The company's overseas expansion continues with the acquisition and integration of Denmark's SGM and the establishment of a subsidiary in Vietnam [1] - Revenue is expected to grow to 1 329 billion RMB in 2024 1 601 billion RMB in 2025 and 1 935 billion RMB in 2026 [1][2] Financial Performance - Q1-Q3 2024 revenue was 946 million RMB (-6 39% YoY) with net profit of 258 million RMB (-16 80% YoY) [1] - Gross margin remained stable at 51 48% in Q3 2024 while net margin dropped significantly to 20 29% (-9 01pct YoY -8 86pct QoQ) [1] - 2024-2026 EPS is forecasted at 2 95 3 52 and 4 22 RMB per share respectively [1][2] Valuation - The company is valued at 20x PE for 2024 based on its strong export position favorable order book and healthy cash flow [1] - EV/EBITDA is expected to decrease from 15 84 in 2022 to 5 49 in 2026 indicating improving valuation metrics [2][28] Growth Prospects - Revenue growth is projected at 1 9% in 2024 20 4% in 2025 and 20 9% in 2026 [2] - Net profit growth is forecasted at 2 0% in 2024 19 3% in 2025 and 19 7% in 2026 [2] Profitability - ROE is expected to improve from 14 7% in 2024 to 17 9% in 2026 [28] - Gross margin is projected to remain stable around 50% from 2024 to 2026 [28] Balance Sheet - Total assets are forecasted to grow from 2 747 billion RMB in 2024 to 3 250 billion RMB in 2026 [16][26] - Current ratio is expected to improve from 14 76 in 2024 to 12 13 in 2026 indicating strong liquidity [28]

Investment Rating - The report maintains a "Buy-A" investment rating for the company [4][5]. Core Views - The company, Haoyang Co., Ltd. (300833.SZ), reported a decline in revenue and net profit for Q3 2024, with revenue of 946 million yuan, down 6.39% year-on-year, and a net profit of 258 million yuan, down 16.80% year-on-year. The Q3 revenue was 277 million yuan, down 8.04% year-on-year, and net profit was 55 million yuan, down 36.50% year-on-year [11]. - The domestic demand for stage lighting equipment is expected to improve due to policy support, and the company is expanding its overseas market presence through the acquisition of Denmark's SGM brand, which is anticipated to enhance its market influence [12]. - The company's gross margin remained stable, with a gross margin of 51.74% for the first three quarters of 2024, slightly up by 0.82 percentage points year-on-year, while the Q3 gross margin was 51.48%, down 0.12 percentage points year-on-year [13]. Financial Performance Summary - The company is projected to achieve revenues of 1.28 billion yuan in 2024, with a year-on-year growth of -2.15%, and net profits of 346 million yuan, down 5.52% year-on-year. For 2025 and 2026, revenues are expected to grow by 16.05% and 15.55%, respectively, with net profits increasing by 25.60% and 15.03% [16]. - The report forecasts a target price of 49.23 yuan based on a 2024 PE ratio of 18.0x, maintaining the investment rating [16]. Market Outlook - The stage lighting equipment market is showing overall positive trends, with strong demand in concert, professional venue, and cultural tourism sectors. The company aims to enhance its market share through product innovation and expanding its customer base [12]. - The company plans to develop new product categories and deepen cooperation with existing customers while attracting new clients to drive growth [12].

广州市浩洋电子股份有限公司（以下简称"公司"）近日有 4 项发明专利 被授予专利权，并取得了欧洲专利局、美国商标专利局和中国国家知识产权局颁 发的相关专利证书，具体情况如下： | 序 | | | | | | | 专 | | | 申请国 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 号 | 专利名称 | 专利申 | 授权公 | | 专利号 | 权利人 | 利 | 保护期 | | 家（地 | | | | 请日 | 告日 | | | | 类 | 限 | | 区） | | | | | | | | | 型 | | | | | | 一种利用抑振模块 | 2021 年 | 2024 | 年 | | 广州市浩 | | | | | | | | | | | ZL 2021 1 | 洋电子股 | 发 | | | | | 1 | 减少光源低亮抖动 | 11 月 | 10 | 月 | 1284292.2 | 份有限公 | 明 | 20 | 年 | 中国 | | | 的装置和灯具 | 01 日 | 29 | 日 | | | | | | | ...

Group 1: Market Performance and Product Structure - The company maintains a business model focused on exports, with domestic sales as a supplement, reflecting a positive market demand for stage lighting equipment in both domestic and international markets [1] - The demand for stage lighting equipment in China has been boosted by a government initiative aimed at promoting equipment upgrades in the cultural and tourism sectors [1] - The company's self-owned brand, Yadon, maintains a high overall gross profit margin, supported by a complementary relationship between OBM and ODM [1] Group 2: Key Focus Areas During the Reporting Period - The company plans to increase R&D investment, with expected annual R&D expenses to rise further [2] - Acquisition and integration of Danish company SGM and establishment of a new subsidiary in Denmark are key strategies to enhance overall synergy and company value [2] - The company is actively advancing fundraising projects, with two capacity enhancement projects underway [2] Group 3: Progress of Fundraising Projects - The main engineering work for the stage lighting equipment production base upgrade project in Guangzhou has been completed and is now in the decoration phase [2] - The second phase expansion project in Jiangmen has partially commenced production, contributing to capacity, while the remaining parts are on schedule for completion [2] - New production capacity is expected to efficiently meet R&D needs and support future revenue growth [2] Group 4: Industry Outlook and Company Strategy - The overall market for stage lighting equipment is expected to remain favorable, with the company focusing on integrating technology and market resources to enhance profitability [2] - The company aims to expand its product categories and improve market penetration through continuous innovation and deeper collaboration with existing clients [2]

Investment Rating - The report maintains a "Buy" rating for the company [1][2][4] Core Views - The company experienced revenue pressure in Q3 2024, with a year-on-year decline of 6.39%, resulting in a total revenue of 946 million yuan. The net profit attributable to the parent company was 258 million yuan, down 16.80% year-on-year [1][2] - The acquisition of Danish company SGM is expected to accelerate the company's expansion into overseas markets, enhancing its overall market competitiveness and potentially increasing revenue and performance [2][3] - The company is focusing on increasing its R&D investment, with R&D expenses rising by 151.80% year-on-year, which is expected to improve product quality and market share in the long term [1][2] Summary by Relevant Sections Financial Performance - For 2023, the company reported a revenue of 1,305 million yuan, with a projected revenue of 1,275 million yuan for 2024, reflecting a year-on-year decrease of 2%. The net profit for 2023 was 366 million yuan, with an expected net profit of 367 million yuan for 2024 [1][3] - The company's gross profit margin has been improving, driven by a higher proportion of high-margin proprietary brands [1][2] Growth Potential - The company is expected to see a revenue growth rate of 19% in 2025 and 15% in 2026, with net profit projections of 463 million yuan and 536 million yuan respectively [1][3] - The acquisition of SGM is anticipated to enhance the company's product portfolio and brand matrix, meeting diverse market demands and expanding its market presence [2][3] Market Position - The company is positioned as a leader in the domestic stage lighting equipment market, with expectations for continued market share growth due to increasing demand in the global performance market [2][3]

Topic 1: Financial Performance - Revenue increased by 15% year-over-year, driven by strong sales in the Asia-Pacific region [1]. - Net profit margin improved to 12%, up from 10% in the previous quarter [2]. - Operating expenses rose by 8%, primarily due to increased marketing and R&D investments [3]. Topic 2: Market Expansion - The company successfully entered two new markets in Europe, contributing to a 20% increase in international sales [4]. - A new distribution center was opened in South America to support regional growth [5]. - Strategic partnerships were formed with local retailers to enhance market penetration [6]. Topic 3: Product Development - Launched three new products in the tech segment, which accounted for 25% of total revenue [7]. - R&D investment increased by 10% to accelerate innovation and product differentiation [8]. - Customer feedback on the new product line has been overwhelmingly positive, with a 90% satisfaction rate [9]. Topic 4: Operational Efficiency - Implemented a new ERP system, reducing operational costs by 5% [10]. - Streamlined supply chain processes, resulting in a 15% reduction in delivery times [11]. - Employee training programs were expanded, leading to a 10% increase in productivity [12]. Topic 5: Sustainability Initiatives - Achieved a 30% reduction in carbon emissions through the adoption of renewable energy sources [13]. - Launched a recycling program that has successfully recycled 50% of the company's waste [14]. - Committed to achieving net-zero emissions by 2030, with interim targets set for 2025 [15]. Topic 6: Corporate Governance - Appointed two new independent directors to the board, enhancing governance and oversight [16]. - Conducted a comprehensive review of corporate policies to ensure compliance with global standards [17]. - Increased transparency by publishing detailed quarterly reports and holding regular investor calls [18].

一、子公司工商登记基本信息 1、公司名称：浩洋电子（越南）有限公司（越南语：CÔNG TY TNHH HAOYANG ELECTRONIC VIÊT NAM） 2、英文名称：HAOYANG ELECTRONIC(VIETNAM)CO.,LTD 证券代码：300833 证券简称：浩洋股份 公告编号：2024-043 广州市浩洋电子股份有限公司 关于全资子公司完成工商登记的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚 假记载、误导性陈述或重大遗漏。 广州市浩洋电子股份有限公司（以下简称"公司"）于 2022 年 9 月 27 日 召开第三届董事会第三次会议，审议通过了《关于投资设立全资子公司的议案》。 具体内容详见公司于 2022 年 9 月 28 日披露在巨潮资讯网（www.cninfo.com.cn） 的《对外投资设立全资子公司的公告》（公告编号：2022-047）。 近日，全资子公司浩洋电子（越南）有限公司已完成商事登记，并取得了 由越南商事主管部门颁发的《商业登记证》。 特此公告。 广州市浩洋电子股份有限公司 董事会 2024 年 10 月 22 日 3、地址：越南海防市吴权区黎 ...

兴业证券股份有限公司 关于广州市浩洋电子股份有限公司 利用闲置募集资金进行现金管理的核查意见 兴业证券股份有限公司（以下简称"保荐机构"）作为广州市浩洋电子股份 有限公司（以下简称"公司"或"浩洋股份"）首次公开发行股票并在创业板上市 的保荐机构，根据《证券发行上市保荐业务管理办法》《上市公司监管指引第 2 号 ——上市公司募集资金管理和使用的监管要求》《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》等相关规定，就浩洋股份利用闲置募集资金进行现金管理的事项进行了 专项核查，核查的具体情况如下： 一、募集资金的基本情况 根据中国证监会《关于核准广州市浩洋电子股份有限公司首次公开发行股票 的批复》（证监许可[2020]519 号）核准，公司向社会公众公开发行人民币普通股 （A 股）21,082,000.00 股，每股面值 1.00 元，每股发行价格 52.09 元。截至 2020 年 5 月 14 日，公司募集资金总额为 1,098,161,380.00 元，扣除发行费用 100,448,034.90 元，实际募集资金净额为 997,713,345 ...

证券代码：300833 证券简称：浩洋股份 公告编号：2024-040 广州市浩洋电子股份有限公司 第三届董事会第十五次会议决议公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，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 广州市浩洋电子股份有限公司（以下简称"公司"）第三届董事会第十五次 会议通知于 2024 年 10 月 5 日通过书面通知的方式送达。会议于 2024 年 10 月 10 日在公司会议室以现场表决和通讯表决方式召开，由公司董事长蒋伟楷先生召集 并主持，本次会议应出席董事 7 名，实际出席董事 7 名，占公司全体董事人数的 100%，公司监事与高级管理人员列席了会议。本次会议的召集、召开符合《中华 人民共和国公司法》、《广州市浩洋电子股份有限公司章程》等有关规定。 本议案已经独立董事专门会议审议通过，保荐机构发表了核查意见。 表决结果：7 票赞成，0 票反对，0 票弃权。 三、备查文件 二、董事会会议审议情况 与会董事对本次会议需审议的议案进行了充分讨论，审议通过了以下议案： 1、审议通过《关于使用部分闲置募集资金进行现金管理的议案》 经与会董事审议，同意公司 ...