苏州欧圣电气股份有限公司 证券代码： 301187 证券简称： 欧圣电气 公告编号： 2024-029 苏州欧圣电气股份有限公司 苏州欧圣电气股份有限公司 第三届董事会第十次会议决议公告 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 苏州欧圣电气股份有限公司（以下简称"公司"）于 2024 年 4 月 22 日以通 讯和电子邮件方式向全体董事发出会议通知及会议材料。以现场结合通讯的方 式于 2024 年 4 月 24 日在公司会议室召开第三届董事会第十次会议并作出决 议。本次董事会会议应出席董事 7 人，实际出席董事 6 人，其中董事长 WEIDONG LU 先生因故未能亲自出席会议，授权委托董事桑树华先生代为出 席并表决。 根据《公司章程》《公司董事会议事规则》的有关规定，公司董事会召开临 时董事会会议的通知方式为电话、电子邮件、传真或者其他方式，通知时限为 会议召开前三天。但情况紧急，需要尽快召开董事会临时会议的，可以随时通 过电话或者其他口头方式发出会议通知，且不受前述规定的时间的限制，但召 集人应当在会议上作出说明。 本次会议 ...

Financial Performance - The company's revenue for Q1 2024 reached ¥325,917,299.20, representing a 33.80% increase compared to ¥243,592,581.29 in the same period last year[5] - Net profit attributable to shareholders was ¥42,783,012.63, a significant increase of 126.69% from ¥18,873,315.19 year-on-year[5] - Basic and diluted earnings per share increased to ¥0.2491, reflecting a growth of 178.64% compared to ¥0.0894 in the same period last year[5] - Total operating revenue for Q1 2024 reached ¥325,917,299.20, an increase of 33.8% compared to ¥243,592,581.29 in Q1 2023[19] - Net profit for Q1 2024 was ¥42,783,012.63, representing a significant increase of 126.5% from ¥18,873,315.19 in Q1 2023[20] - Total comprehensive income for the first quarter of 2024 was CNY 33,196,607.30, compared to a loss of CNY 3,514,934.83 in the same period last year[21] Cash Flow and Liquidity - The net cash flow from operating activities was ¥55,656,195.28, up 74.88% from ¥31,825,819.34 in the previous year[5] - The cash and cash equivalents position remains strong, contributing to the overall liquidity of the company[18] - The ending balance of cash and cash equivalents was CNY 1,128,628,087.62, compared to CNY 827,349,715.41 at the end of the previous year, reflecting an increase of 36.4%[24] - Cash inflow from investment activities totaled CNY 261,863,146.23, compared to CNY 146,172,687.10 in the previous year, marking an increase of 79.4%[24] - Cash outflow from investment activities was CNY 394,531,566.88, up from CNY 298,038,389.11 in the previous year, indicating a rise of 32.4%[24] - Net cash flow from financing activities was CNY 106,815,968.87, a decrease of 13.4% from CNY 123,472,919.22 in the previous year[24] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,546,733,168.70, a 9.71% increase from ¥2,321,420,185.29 at the end of the previous year[5] - Current liabilities increased to ¥932,523,040.48 from ¥717,294,161.59, reflecting a rise of 30% year-over-year[18] - The company's accounts receivable rose to ¥240,656,219.76, an 85.52% increase from ¥129,720,047.03, indicating delayed payments from customers[9] - Accounts receivable increased to ¥240,656,219.76 from ¥129,720,047.03, marking an increase of 85.7% year-over-year[17] Investments and Expenditures - The company reported a significant increase in construction in progress, amounting to ¥358,128,810.27, which is a 41.99% rise from ¥252,224,611.14[9] - Research and development expenses for Q1 2024 were ¥14,995,766.50, slightly up from ¥14,988,882.18 in Q1 2023[20] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 11,995[11] - As of March 31, 2024, the company repurchased a total of 1,793,000 shares, accounting for 0.98% of the total share capital[14] - The top ten shareholders include Shanghai Ruiyi Investment Development Center (Limited Partnership) holding 1,330,700 shares, accounting for 0.73%[12] - The company has a share buyback program that complies with relevant laws and regulations[14] - The company has not disclosed any changes in the number of shareholders holding restricted shares[14] - The company has not identified any related party relationships among other shareholders beyond those mentioned[12] - The company has not reported any changes in the top ten shareholders due to securities lending or borrowing[13] Government Support - The company received government subsidies amounting to ¥1,463,584.74, contributing to its non-operating income[6] Financial Management - The company reported a financial expense of -¥5,370,006.35, a significant improvement compared to ¥2,487,571.88 in the previous year[20] - The company received CNY 25,505,501.71 in tax refunds, up from CNY 20,116,011.03 in the previous year, representing a growth of 26.8%[24] - The company reported a decrease in cash paid for goods and services, totaling CNY 179,387,239.05, down from CNY 219,410,280.87 in the previous year, a reduction of 18.2%[24] Future Outlook - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[20] Audit Status - The company has not undergone an audit for the first quarter report[25]

Investment Rating - The report assigns an "Accumulate" rating to the company, with a target price of 23.67 CNY per share based on a 20x PE for 2024 [45][93]. Core Insights - The company has a strong focus on exports, with 99% of its revenue coming from overseas sales in 2023, benefiting from the recovery in exports after the end of inventory destocking [5][93]. - The company’s revenue for 2023 was 1.22 billion CNY, a decrease of 5.3% year-on-year, while net profit increased by 8.4% to 170 million CNY [55][87]. - The gross margin for 2023 was 35.8%, an increase of 5.9 percentage points year-on-year, and the net margin was 14.4%, up by 1.8 percentage points [55][87]. Company Business Analysis - The company specializes in small air compressors and wet-dry vacuum cleaners, with a significant portion of its products exported to North America [5][54]. - The compound annual growth rate (CAGR) for export revenue from 2019 to 2023 was 19.5% [5]. - The revenue share of wet-dry vacuum cleaners increased from 39% in 2019 to 54% in 2023, while the share of small air compressors decreased from 57% to 36% during the same period [35][54]. Financial Performance - In Q4 2023, the company reported revenue of 380 million CNY, a year-on-year increase of 51.1%, and a net profit of 50.12 million CNY, up 86.9% year-on-year [87][89]. - The company plans to distribute a cash dividend of 8.30 CNY per 10 shares, with a total distribution of 150 million CNY, resulting in a payout ratio of 86% [66][87]. - The forecasted net profit growth for 2024-2026 is 23.6%, 19.9%, and 18.8% respectively [93]. Product and Sales Model Analysis - The company operates primarily through ODM and brand authorization models, with brand authorization yielding a gross margin of 43.3% [38]. - The revenue breakdown for 2023 showed that ODM accounted for 50.9%, brand authorization for 42.9%, and other models for the remaining share [38]. - The expected revenue growth for wet-dry vacuum cleaners is projected at 30%, 22%, and 20% for 2024-2026, while small air compressors are expected to grow at 21%, 16%, and 14% respectively [68].

Financial Performance - The estimated net profit for Q1 2024 is projected to be between 34 million and 43 million CNY, representing a year-on-year growth of 80% to 127% compared to 18.87 million CNY in the same period last year[3]. - The estimated net profit after deducting non-recurring gains and losses is expected to be between 31 million and 40 million CNY, indicating a year-on-year increase of 90% to 145% from 16.32 million CNY in the previous year[3]. - The specific financial data for Q1 2024 will be detailed in the company's quarterly report, which will be disclosed later[6]. Sales and Market Recovery - The recovery in sales of small air compressors and vacuum cleaners is attributed to the replenishment phase in the North American market for tools and home appliances since the second half of 2023[5]. - The company has successfully converted some new product SKUs obtained in 2023 into actual revenue in Q1 2024[5].

一、董事会会议召开情况 苏州欧圣电气股份有限公司（以下简称"公司"）于2024年4月3日以通讯和电 子邮件方式向全体董事发出会议通知及会议材料。以现场结合通讯的方式于2024 年4月15日在公司会议室召开第三届董事会第九次会议并作出决议。本次董事会 会议应出席董事7人，实际出席董事7人，会议由公司董事长WEIDONG LU先生 主持，公司监事、高级管理人员列席了会议。本次会议符合《中华人民共和国公 司法》（以下简称"公司法"）等相关法律法规以及《公司章程》等制度的规定。 二、董事会会议审议情况 （一）审议通过《关于 2023 年度总经理工作报告的议案》 经认真听取公司《2023年度总经理工作报告》，董事会认为该报告真实、 准确地反映了公司经营管理层2023年度生产经营管理等情况。 证券代码： 301187 证券简称： 欧圣电气 公告编号： 2024-011 苏州欧圣电气股份有限公司 第三届董事会第九次会议决议公告 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。 具体内容详见公司于同日刊登在巨潮资讯网（www.cninfo.com.cn）的相关 公告。 表决结果 ...

对公司2023年度内部控制自我评价报告的意见 根据财政部、证监会等部门联合发布的《企业内部控制基本规范》、深圳 证券交易所《上市公司内部控制指引》等有关政策法规，公司监事会对公司 2023年度内部控制自我评价报告发表意见如下： 苏州欧圣电气股份有限公司监事会 一、公司按照《公司法》、《证券法》、中国证监会和深圳证券交易所的 有关规定及国家其他相关法律法规，结合公司的所处行业、经营方式、资产结 构及自身特点，建立健全了相应的内部控制制度，保证了公司业务活动的正常 开展和风险的控制，保护了公司资产的安全和完整。 综上所述，监事会认为，公司《2023年度内部控制自我评价报告》全面、 客观、真实、准确地反映了公司内部控制的建设和运营情况。 苏州欧圣电气股份有限公司 监事会 2024年4月17日 二、公司已建立了较完善的内部组织结构，内部审计部门及人员配备齐全 到位，保证了公司内部控制重点活动的执行及监督充分有效。 三、报告期内，公司不存在违反深交所《上市公司内部控制指引》及公司 内部控制制度的情形，不存在重大和重要内部控制缺陷。 ...

证券代码： 301187 证券简称： 欧圣电气 公告编号： 2024-015 苏州欧圣电气股份有限公司 关于为子公司提供担保额度预计的公告 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。 苏州欧圣电气股份有限公司（以下简称"欧圣电气"或"公司"）于2024年4月 15日召开第三届董事会第九次会议和第三届监事会第八次会议，审议通过了《关 于为子公司提供担保额度预计的议案》，该议案尚须提交2023年度股东大会审议 。现将有关事项公告如下： 一、担保情况概述 为保证子公司的正常生产经营活动，根据未来的融资和担保需求，公司拟 为 子公司的融资或其他履约义务提供担保，预计新增担保总额度合计不超过人民 币 100,000万元，占公司最近一期经审计净资产的66.95%。以上担保额度不含之前 已审议的仍在有效期内的预计担保额度，具体以实际签署的相关协议为准，上 述担保额度可循环使用。本次担保额度及决议自股东大会审议通过之日起12个 月内有效，如单笔担保的存续期超过了决议的有效期，则决议的有效期自动顺 延至单笔担保终止时止。 上述担保用途分为融资性担保和非融资性担保，融资性担保 ...

中泰证券股份有限公司 关于苏州欧圣电气股份有限公司 2023 年度募集资金存放与使用情况的核查意见 中泰证券股份有限公司（以下简称"中泰证券"、"保荐机构"）作为苏州欧圣 电气股份有限公司（以下简称"欧圣电气"、"公司"）首次公开发行股票并在创业 板上市的保荐机构，根据《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》《深圳证券交易所 上市公司自律监管指引第 13 号——保荐业务》等相关法律、法规和规范性文件 的规定，对欧圣电气 2023 年度募集资金存放与使用情况进行了核查，具体核查 情况如下： 一、募集资金基本情况 （一）募集资金金额及到位时间 根据中国证监会出具的《关于同意苏州欧圣电气股份有限公司首次公开发行 股票注册的批复》(证监许可〔2022〕438 号)，公司首次公开发行人民币普通股(A 股)4,565.2 万股，发行价格为人民币 21.33 元/股，募集资金总额为人民币 97,375.716 万元，扣除发行费用人民币 8,044.700 万元后，募集资金净额为人民 ...

Market Trends - The small air compressor market is primarily driven by the construction decoration and automotive maintenance industries, with significant applications in residential and public building projects[14]. - The demand for wet and dry vacuum cleaners is steadily increasing, particularly in developed regions like Europe and North America, where larger residential spaces drive market growth[16]. - The wet and dry vacuum cleaner market is experiencing growth in China, driven by rising disposable incomes and changing consumer attitudes towards cleanliness[12]. - The increasing number of vehicles and their ownership in China is expected to further boost the demand for wet and dry vacuum cleaners as car cleaning solutions[16]. - The automotive aftermarket in China is projected to grow at an annual rate exceeding 30%, potentially reaching a market size of 1 trillion yuan by 2018[18]. - The U.S. automotive aftermarket was valued at $350.67 billion in 2016, with over 500,000 automotive maintenance institutions[18]. - The demand for wet and dry vacuum cleaners in the automotive maintenance sector is expected to increase significantly due to the rising number of vehicles and improving living standards[18]. - The construction, automotive maintenance, and hotel catering industries are anticipated to see stable growth in demand for small air compressors and wet and dry vacuum cleaners due to economic development and rising living standards[23]. Industry Dynamics - The global market for small air compressors is dominated by North America and Europe, where high labor costs lead retailers to import products from developing countries[15]. - The small air compressor industry in China is gradually forming industrial clusters in coastal regions, primarily serving global retail brands through OEM and ODM models[15]. - The shift in manufacturing of wet and dry vacuum cleaners to developing countries is influenced by rising labor and manufacturing costs in developed regions[12]. - The small air compressor and wet and dry vacuum cleaner industry relies heavily on raw materials such as plastics, steel, and aluminum, which are readily available in the domestic market[22]. - The industry faces significant entry barriers, including customer certification processes and stringent quality requirements from major retailers[24][26]. - High-quality enterprises are increasingly concentrating profits, with strategies including improved production management and enhanced product development to increase profit margins[30]. Technological Advancements - The industry is experiencing a shift towards high-tech, energy-efficient, and quieter products, with future small air compressors expected to operate at noise levels between 50 to 60 decibels[31]. - The overall technical level of the small air compressor and wet and dry vacuum cleaner industry is improving, but there remains a gap compared to international standards, particularly in automation and brand development[34]. - The company is focusing on high-pressure technology for small air compressors, which allows for a significant reduction in size and weight while increasing air storage capacity[35]. - The application of brushless motor technology in small air compressors is being actively promoted, aligning with energy-saving engineering initiatives in China[35]. - Innovations in wet and dry vacuum cleaners include advancements in dust separation technology and self-cleaning filters, enhancing product performance and user experience[44]. - The focus on low noise technology in vacuum cleaners is expected to meet increasing consumer demand for quieter cleaning solutions[40]. Research and Development - The company is increasing its R&D efforts in portable and wireless-controlled small air compressors, integrating smart control technologies for better user interaction[43]. - The company has successfully integrated smart control technology with existing small air compressors, allowing remote electronic control of output pressure via Bluetooth and mobile app[48]. - The company holds a total of 13 domestic invention patents as of 2023, with two new patents authorized in December 2023[49]. - The company has a total of 327 authorized patents, including 94 invention patents, 141 utility model patents, and 92 design patents[54]. - The company is recognized as a high-tech enterprise by various governmental bodies, reflecting its strong research and development capabilities[54]. - Research and development expenses rose by 27.93% to CNY 67.24 million, driven by investments in key R&D projects[103]. Financial Performance - The company's total revenue for 2023 was 120,945.39 million, a decrease from 127,664.80 million in 2022, representing a decline of approximately 5.4%[66]. - The main business revenue composition for 2023 shows that air compressors generated ¥43,626.16 million (36.07%), while wet and dry vacuum cleaners accounted for ¥65,305.17 million (54.00%) of total revenue[58]. - The company's operating revenue for 2023 was CNY 1,216,121,098.37, a decrease of 5.27% compared to CNY 1,283,756,025.89 in 2022[151]. - The net profit attributable to shareholders for 2023 was CNY 174,864,349.74, an increase of 8.43% from CNY 161,271,756.57 in 2022[151]. - The company's operating costs decreased by 13.28% to CNY 781 million from CNY 901 million in the previous year[103]. - The gross profit for ODM sales in 2023 was CNY 18,440.92 million, with a gross margin of 29.76%, up from 25.82% in 2022[88]. - The gross profit for brand authorization was CNY 22,554.23 million in 2023, with a gross margin of 43.27%, compared to 33.86% in 2022[88]. Business Strategy - The company is transitioning towards an OBM model, establishing its own brands like "Stealth," "Ecomax," and "Ecowell" to enhance market influence[47]. - The company is leveraging e-commerce platforms, such as Amazon, to promote and sell its products, marking a shift in its business model[47]. - The company aims to become an internationally recognized enterprise through continuous product innovation and the development of its own brands[47]. - The company has established long-term partnerships with renowned international brands and retailers, including Stanley, The Home Depot, and Walmart, enhancing its market presence[63]. - The company has established stable relationships with global retailers, allowing for tailored product development based on customer specifications[72]. - The company primarily operates in the ODM model, with significant sales through well-known retailers such as Lowe's and Walmart, indicating a strong market presence[72]. Market Challenges - The company does not have significant reliance on any single ODM customer, with no single customer's sales exceeding 30% of total revenue[77]. - The company has not encountered any disputes with ODM customers regarding R&D technology or rights ownership during the reporting period[78]. - The company is focusing on enhancing its R&D capabilities and reducing reliance on OEM production, shifting towards ODM and brand authorization models[124]. - Direct labor costs for vacuum cleaners increased by 34.48% due to rising domestic labor costs[111]. - The overall sales of air compressors decreased by 61.39% in volume, reflecting a significant drop in customer orders[109]. Investment and Growth - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[149]. - The company has reported a total of CNY 13,659,438.20 in non-recurring gains and losses for the year, compared to CNY 25,177,525.08 in 2022[158]. - The company has built overseas warehousing centers to improve response times to customer orders, particularly for Amazon sales[96]. - The company has invested 1,122.66 million CNY in the Ousheng Equipment Industrial Park project, achieving a progress rate of 32.17%[179]. - The company has a commitment to a production technology transformation project with an investment of 19,583.04 million CNY, with a completion date set for June 30, 2024[196]. - The company has reported a cumulative actual investment of 9,649.99 million CNY in the Ousheng Technology (Malaysia) Limited project, with a progress rate of 41.27%[179].

证券代码： 301187 证券简称： 欧圣电气 公告编号： 2024-022 苏州欧圣电气股份有限公司 关于监事会主席辞职及补选非职工代表监事的公告 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、监事会主席辞职情况 苏州欧圣电气股份有限公司（以下简称"公司"）监事会于近日收到公司监 事会主席翁晓龙先生的辞职申请。翁晓龙先生因个人原因辞去第三届监事会主 席和非职工代表监事职务，辞职后翁晓龙先生仍担任公司全资子公司苏州伊利 诺护理机器人有限公司的执行董事兼总经理和公司全资子公司欧圣（南通）电 气科技有限公司监事。2024年4月15日，公司召开第三届监事会第八次会议，选 举何顺莲女士担任公司第三届监事会主席，任期自第三届监事会第八次会议审 议通过之日起至本届监事会任期届满之日止。翁晓龙先生辞职后，公司监事会 人数低于法定最低人数，根据《公司法》《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》和 《公司章程》等相关规定，翁晓龙先 生的辞职申请将在公司股东大会选举产生新任非职工代表监事后生效。在此之 前，翁晓龙先生将按照相关法律、行政法规、部 ...