证券代码：300866 证券简称：安克创新 公告编号：2024-089 安克创新科技股份有限公司 2024 年第四次临时股东大会决议公告 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。 特别提示 1、 本次股东大会不存在否决议案的情形。 2、 本次股东大会不涉及变更以往股东大会已通过的决议。 一、会议召开和出席情况 1、 召开时间：2024 年 11 月 21 日（星期四）15:00 2、 召开地点：深圳市南山区沙河西路健兴科技大厦 B 座 4 楼 3、 召开方式：现场结合网络 4、 召集人：董事会 5、 主持人：董事长阳萌先生 6、 本次会议的召集、召开符合《中华人民共和国公司法》《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《安克创新科技股份有限公司章程》的有关规定。 二、会议出席情况 （一）股东出席的总体情况 参加本次股东大会现场会议和网络投票表决的股东及股东代理人共 197 人， 代表有表决权的公司股份数合计为 287,824,417 股，占公司有表决权股份总数 531,410,776 股的 ...

证券代码：300866 证券简称：安克创新 公告编号：2024-088 安克创新科技股份有限公司 关于全资子公司完成工商注销登记的公告 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、注销情况概述 二、注销子公司情况 公司名称： 深圳安克私募股权投资基金管理有限公司 统一社会信用代码：91440300MA5H6KAC09 类型： 有限责任公司（法人独资） 法定代表人：黄海 注册资本： 1,000 万元人民币 成立日期： 2022 年 1 月 11 日 住所：深圳市南山区西丽街道曙光社区沙河西路 3151 号新兴产业园 B 栋 601-1 经营范围： 一般经营项目是：私募股权投资基金管理、创业投资基金管理 基于未来总体战略发展规划，为进一步整合资源、优化内部管理结构，安 克创新科技股份有限公司（以下简称"公司"）内部决策注销全资子公司深圳 安克私募股权投资基金管理有限公司（以下简称"深圳安克私募"）。本次注 销事项符合公司整体战略规划，不会对公司正常经营和整体业务发展产生不利 影响。 根据《深圳证券交易所创业板股票上市规则》等法律法规和《公司章程》 相关规定 ...

特此公告。 安克创新科技股份有限公司 董事会 证券代码：300866 证券简称：安克创新 公告编号：2024-087 安克创新科技股份有限公司 关于向不特定对象发行可转换公司债券申请获得 深圳证券交易所上市审核委员会审核通过的公告 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。 2024 年 11 月 14 日，深圳证券交易所上市审核委员会召开 2024 年第 21 次 上市审核委员会审议会议，对安克创新科技股份有限公司（以下简称"公司"） 向不特定对象发行可转换公司债券（以下简称"本次发行可转债"）的申请进行 了审核。根据会议审核结果，公司本次发行可转债的申请符合发行条件、上市条 件和信息披露要求。 公司本次发行可转债事项尚需履行中国证券监督管理委员会（以下简称"中 国证监会"）注册程序，公司将在收到中国证监会作出的予以注册或不予以注册 的决定文件后另行公告。公司将根据该事项的进展情况及时履行信息披露义务， 敬请广大投资者注意投资风险。 2024 年 11 月 15 日 1 ...

Summary of Conference Call Company Overview - The conference call involved Anker Innovations, focusing on recent financial performance and strategic insights. Key Financial Performance - For the first three quarters, the company achieved revenue of 16.4 billion, a year-on-year increase of 39% [2] - Net profit reached 1.47 billion, up 21% year-on-year, while adjusted net profit was 1.3 billion, reflecting a 41% increase [2] - In Q3 alone, revenue accelerated to 6.8 billion, a 44% increase year-on-year, with net profit at 600 million, up 52% [2] - All three major product categories saw growth exceeding 30%, with the charging segment benefiting significantly from new energy storage contributions [2] Product Category Insights - The charging category showed a growth rate of approximately 30% for small chargers and 170% for medium to large chargers [2] - The cleaning product segment, particularly the all-in-one robotic vacuum, marked a significant breakthrough, contributing positively to Q3 performance [3] - The smart audio segment maintained an average growth rate of over 30% across various products [3] Market Dynamics - The company noted strong growth in overseas markets, particularly North America and Europe, both exceeding 40% growth [5] - The demand for online sales remains robust, with significant contributions from events like Amazon's Prime Day [5] - The company is focusing on product innovation and expanding its market presence in both mature and emerging markets [6] Gross Margin and Cost Management - The company is actively working to improve gross margins, which have been affected by external factors such as shipping costs and currency fluctuations [7] - Despite challenges, internal efficiency improvements and supply chain integration efforts are ongoing [8] - The gross margin for Q3 showed slight fluctuations due to external pressures, but overall trends indicate a positive trajectory [7][8] Strategic Focus - Anker emphasizes the importance of product innovation and understanding consumer needs as key drivers for long-term success [23] - The company is committed to avoiding price wars and focuses on maintaining product quality and brand integrity [10] - Future growth strategies include enhancing product offerings and exploring new market opportunities, particularly in regions with low brand awareness [21] Competitive Landscape - Anker acknowledges the competitive pressures from established brands in the cleaning and audio segments but believes in its unique product positioning and innovation capabilities [11][29] - The company aims to leverage its early market entry advantages and established distribution channels to capture market share [11][13] Regional Market Insights - The company is observing different consumer behaviors across regions, with North America showing higher brand recognition compared to Europe and Australia [16][25] - In Australia, the e-commerce market is still developing, with a preference for offline shopping, while Southeast Asia shows a different trend with strong online sales [25] Future Outlook - Anker is optimistic about maintaining growth momentum in both revenue and profit margins, focusing on product differentiation and market expansion [9][10] - The company aims to continue innovating and adapting to market changes while ensuring sustainable growth [9][10] Conclusion - Anker Innovations is positioned for continued growth through strategic product innovation, market expansion, and a focus on maintaining high-quality standards while navigating external challenges in the global market.

Investment Rating - The report maintains a "Buy" rating for the company, with a target price of 83.99 RMB [5][13] Core Views - The company's Q1-Q3 2024 revenue reached 16.45 billion RMB, a YoY increase of 39.6%, with net profit attributable to the parent company of 1.47 billion RMB, up 21.3% YoY [1] - Q3 2024 revenue was 6.8 billion RMB, a YoY increase of 44.1%, with net profit attributable to the parent company of 600 million RMB, up 52.4% YoY [1] - The company's overseas market revenue for Q1-Q3 2024 was 15.875 billion RMB, a YoY increase of 39.9%, while domestic market revenue was 573 million RMB, up 31.5% YoY [2] - The company's independent platform revenue for the first three quarters of 2024 was 1.65 billion RMB, a YoY increase of 104.5%, accounting for 10.0% of total revenue [2] - The company's gross margin for Q3 2024 was 43.0%, a slight decrease of 0.5 percentage points YoY, with a net profit margin of 8.8%, up 0.5 percentage points YoY [3] Financial Performance and Forecast - The company's revenue for 2024E is projected to be 23.95 billion RMB, with a YoY growth rate of 36.83% [4] - Net profit attributable to the parent company for 2024E is expected to be 2.04 billion RMB, with a YoY growth rate of 26.48% [4] - The company's EPS for 2024E is forecasted to be 3.84 RMB, with a P/E ratio of 21.85x [4] - The company's EBITDA for 2024E is projected to be 2.64 billion RMB, with an EV/EBITDA ratio of 15.31x [4] - The company's operating cash flow for 2024E is expected to be 660.56 million RMB, with a net cash increase of -33.08 million RMB [8] Business Highlights - The company's online revenue for Q1-Q3 2024 was 11.5 billion RMB, a YoY increase of 41.7%, while offline revenue was 4.95 billion RMB, up 34.8% YoY [2] - The company's sales/management/R&D/financial expense ratios for Q3 2024 were 22.0%/3.3%/8.9%/-0.1%, with R&D expenses increasing by 1.9 percentage points YoY [3] - The company's total assets for 2024E are projected to be 13.5 billion RMB, with total liabilities of 4.09 billion RMB [7] - The company's inventory for 2024E is expected to be 3.18 billion RMB, with accounts receivable of 2.27 billion RMB [7] Industry and Market Position - The company operates in the consumer electronics industry and is a leading global cross-border e-commerce player [3][5] - The company has successfully built a comprehensive channel system and high brand barriers, positioning itself as a platform company with core capabilities [3] - The company's A-share total market capitalization is 44.63 billion RMB, with a circulating market value of 24.89 billion RMB [5]

Investment Rating - The investment rating for Anker Innovations is "Outperform" and is maintained [1] Core Views - Anker Innovations reported strong growth in Q3 2024, with revenue increasing by 44% YoY to RMB 6.8 billion and net profit attributable to shareholders rising by 52% YoY to RMB 600 million [5] - The company's gross margin for the first three quarters of 2024 was 44.28%, an increase of 0.98 percentage points YoY, although Q3 gross margin slightly decreased by 0.47 percentage points to 42.99% [6] - Anker Innovations continues to innovate across its three main product lines: charging, smart innovation, and smart audio-visual, with new product launches contributing to growth [7] - The company's operating cash flow for the first three quarters of 2024 was RMB 1.651 billion, a significant increase of 78.06% YoY [5] Financial Performance - For Q3 2024, Anker Innovations achieved a net profit margin of 9.18%, with a weighted average return on equity (ROE) of 7.26% [5] - The company's revenue for the first three quarters of 2024 reached RMB 16.449 billion, a 39.56% increase YoY, with domestic revenue growing by 31.52% and overseas revenue by 39.86% [6] - Anker Innovations' online revenue for the first three quarters of 2024 was RMB 11.497 billion, up 41.70% YoY, while offline revenue grew by 34.82% to RMB 4.952 billion [6] - The company's independent website contributed RMB 1.646 billion in revenue, a 104.52% increase YoY, accounting for 10% of total revenue [6] Product Innovation - In the charging segment, Anker launched the Anker Prime series in August and the Anker MagGo series in September, along with the Anker SOLIX C300 DC series in the consumer energy storage market [7] - In the smart innovation segment, the company introduced the eufy Smart Lever Lock C33 in July and the eufyCam S3 Pro in September, while the eufy X10 Pro Omni robotic vacuum performed well during Amazon Prime Day [7] - In the smart audio-visual segment, Anker launched the soundcore AeroFit 2 open-ear headphones in China and the NEBULA Capsule Air projector in August [7] Expense Management - Anker Innovations' expense ratio for Q3 2024 increased by 0.52 percentage points YoY to 34.01%, primarily due to higher R&D investment [8] - The company's R&D expense ratio for Q3 2024 rose by 1.85 percentage points to 8.86%, while the sales expense ratio decreased by 0.81 percentage points to 22% [8] Future Outlook - Anker Innovations is expected to achieve revenues of RMB 24.2 billion, RMB 31.1 billion, and RMB 38.1 billion in 2024, 2025, and 2026, respectively, with YoY growth rates of 38%, 29%, and 23% [10] - The company's net profit attributable to shareholders is forecasted to be RMB 2.024 billion, RMB 2.604 billion, and RMB 3.104 billion for 2024, 2025, and 2026, respectively [10] - Anker Innovations is valued at a PE ratio of 18-22x for 2025, with a reasonable market capitalization range of RMB 46.9-57.3 billion and a fair value range of RMB 88.70-108.41 per share [10]

Investment Rating - The report maintains a "Buy" rating for the company [3] Core Views - The company reported a significant increase in revenue and net profit for Q1-Q3 2024, with revenue reaching 16.449 billion yuan, up 39.56% year-on-year, and net profit of 1.472 billion yuan, up 21.29% year-on-year [1] - The strong performance is attributed to high overseas demand and steady development of core product categories, with Q3 revenue alone reaching 6.8 billion yuan, a 44.05% increase year-on-year [1] - The company is recognized as a benchmark for Chinese brands going global, with a solid foundation for future growth and continuous product innovation [1] Financial Performance Summary - For Q1-Q3 2024, the company achieved revenue of 16.449 billion yuan, a year-on-year increase of 39.56%, and a net profit of 1.472 billion yuan, up 21.29% [1] - In Q3 2024, the company reported revenue of 6.8 billion yuan, a 44.05% increase year-on-year, and a net profit of 599 million yuan, up 52.44% year-on-year [1] - The company’s revenue from domestic and overseas markets for Q1-Q3 2024 was 573 million yuan and 15.875 billion yuan respectively, with year-on-year growth of 31.52% and 39.86% [1] - The online sales channel contributed significantly, with revenue of 11.497 billion yuan, a year-on-year increase of 41.70%, while the independent website generated 1.646 billion yuan, up 104.52% year-on-year [1] Future Projections - The report forecasts the company's revenue for 2024, 2025, and 2026 to be 23.687 billion yuan, 29.478 billion yuan, and 34.021 billion yuan respectively, with net profits projected at 2.088 billion yuan, 2.577 billion yuan, and 3.112 billion yuan [2][10] - The expected EPS for the same years is 3.93 yuan, 4.85 yuan, and 5.86 yuan per share, with corresponding P/E ratios of 20.0, 16.2, and 13.4 [2][10]

Investment Rating - The report maintains a "Buy" rating for Anker Innovations, indicating a strong performance relative to the market [3][5][15]. Core Insights - Anker Innovations reported better-than-expected performance in Q3 2024, with total revenue of 16.45 billion yuan, a year-on-year increase of 40%, and a net profit attributable to shareholders of 1.47 billion yuan, up 21% year-on-year [3][4]. - The company's growth is driven by strong online demand in overseas markets, particularly during Amazon Prime Day, and the introduction of innovative products in the consumer-grade energy storage sector [3][4]. - The company has launched several new products across its three main business segments, including charging storage products, smart innovation products, and smart audio-visual products, contributing to revenue growth [3][4]. Revenue and Profitability - For the first three quarters of 2024, Anker achieved a gross margin of 44.3%, a year-on-year increase of 1 percentage point, while the net profit margin decreased by 1.3 percentage points to 9.0% [3][10]. - The company’s operating cash flow increased by 78% year-on-year to 1.65 billion yuan, reflecting improved efficiency in working capital turnover [3][10]. Geographic and Channel Performance - Anker's domestic revenue reached 600 million yuan, a 32% increase year-on-year, while overseas revenue was 15.9 billion yuan, up 40% year-on-year [3][4]. - Online channels generated 11.5 billion yuan in revenue, a 41.7% increase, with independent sites contributing 1.65 billion yuan, marking a 104.5% growth [3][4]. Financial Projections - The report revises profit forecasts for 2024-2026, expecting net profits of 2.04 billion yuan, 2.46 billion yuan, and 2.91 billion yuan respectively, with corresponding price-to-earnings ratios of 21, 17, and 15 times [3][4].

Investment Rating - Buy/Maintain rating for Anker Innovations (300866) with a target price of 83.91 [1] Core Views - Anker Innovations achieved significant growth in both revenue and profit in Q3 2024, driven by market expansion and channel development [2] - Revenue for Q3 2024 reached 6.8 billion yuan (+44.05% YoY), with net profit attributable to shareholders at 599 million yuan (+52.44% YoY) [3] - Net profit margin increased to 9.18% (+0.38pct YoY) despite a slight decline in gross margin to 42.99% (-0.47pct YoY) [3] - R&D expenses increased significantly, with R&D expense ratio rising to 8.86% (+1.86pct YoY) [3] Financial Performance - Total revenue for the first three quarters of 2024 reached 16.449 billion yuan (+39.56% YoY) [2] - Net profit attributable to shareholders for the first three quarters of 2024 was 1.472 billion yuan (+21.29% YoY) [2] - Non-GAAP net profit attributable to shareholders for the first three quarters of 2024 was 1.303 billion yuan (+41.13% YoY) [2] Industry Outlook - Overseas demand is expected to continue recovering, with fast-charging products gaining popularity [4] - The rise of "camping economy" is driving demand for outdoor power solutions [4] - Global energy shortages and carbon neutrality goals are increasing the importance of home solar and energy storage solutions [4] - Advancements in mobile internet, AI, and big data are driving the development of smart hardware [4] Company Strategy - High-quality new products are driving structural optimization [4] - Multi-brand strategy is strengthening market position [4] - Continued growth in revenue and earnings is expected [4] Financial Projections - Projected net profit attributable to shareholders for 2024-2026: 2.255 billion yuan, 2.880 billion yuan, and 3.492 billion yuan respectively [4] - Projected EPS for 2024-2026: 4.24 yuan, 5.42 yuan, and 6.57 yuan respectively [4] - Current PE ratio: 19.77x for 2024, 15.48x for 2025, and 12.77x for 2026 [4] Market Performance - Total market capitalization: 44.591 billion yuan [2] - 12-month high/low price: 100.61 yuan / 50.21 yuan [2]