证券代码：301348 证券简称：蓝箭电子 公告编号：2025-018 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 佛山市蓝箭电子股份有限公司（以下简称"公司"）第五届董事会第五次会议 通知于 2025 年 5 月 13 日以通讯及邮件方式发出，会议于 2025 年 5 月 23 日在公司 会议室以现场结合通讯表决方式召开。会议由董事长张顺女士主持，应出席本次 会议的董事 9 人，实际出席董事 9 人（其中许红、任振川以通讯表决方式出席 会议）。公司监事列席了本次会议。 本次会议的召集、召开和表决程序符合《中华人民共和国公司法》等法律法规 和《公司章程》的规定。 1、审议并通过了《关于 2024 年度总经理工作报告的议案》 与会董事认真听取了总经理袁凤江先生向董事会汇报的《关于 2024 年度 总经理工作报告的议案》的内容，认为该报告客观、真实地反映了公司 2024 年度主要经营情况。 表决结果：同意 9 票，反对 0 票，弃权 0 票，回避 0 票。 2、审议并通过了《关于 2024 年度财务决算报告的议案》 经审议，董事会认为： ...

蓝箭电子2023年8月10日在深交所创业板上市，发行数量为50,000,000股，发行价格为18.08元/股，发行 保荐机构为金元证券股份有限公司，保荐代表人为张敏、卢丹琴。上市当日，蓝箭电子盘中最高报 84.24元，创上市以来股价最高点，此后该股股价震荡走低。 蓝箭电子发行募集资金总额为90,400.00万元，扣除发行费用后实际募集资金净额为78,400.56万元。公司 最终募集资金净额比原计划多18,249.83万元。蓝箭电子2023年8月3日披露的招股说明书显示，公司拟募 公司2023年年报显示，归属于上市公司股东的净利润5836.88万元，同比减少18.28%，2022年为7142.46 万元，2021年为7727.06万元，2020年为18,435.29万元。 集资金60,150.73万元，用于半导体封装测试扩建项目、研发中心建设项目。 蓝箭电子发行费用总额为11,999.44万元(发行费用均为不含增值税金额)，其中承销及保荐费9,441.51万 元。 中国经济网北京5月22日讯蓝箭电子（301348）(301348.SZ)4月28日晚披露2024年年度报告。2024年， 公司实现营业收入7.13亿 ...

金元证券股份有限公司 关于佛山市蓝箭电子股份有限公司 2024 年度持续督导跟踪报告 | 保荐人名称：金元证券股份有限公司 | 被保荐公司简称：蓝箭电子（301348） | | --- | --- | | 保荐代表人姓名：卢丹琴 | 联系电话：0755-83025500 | | 保荐代表人姓名：袁玉华 | 联系电话：0755-83025500 | 一、保荐工作概述 | 项目 | 工作内容 | | --- | --- | | 1、公司信息披露审阅情况 | | | （1）是否及时审阅公司信息披露文件 | 是 | | （2）未及时审阅公司信息披露文件的次数 | 无 | | 2、督导公司建立健全并有效执行规章制度的情 | | | 况 | | | （1）是否督导公司建立健全规章制度（包括但 不限于防止关联方占用公司资源的制度、募集 | 是 | | 资金管理制度、内控制度、内部审计制度、关 | | | 联交易制度） | | | （2）公司是否有效执行相关规章制度 | 是 | | 3、募集资金监督情况 | | | （1）查询公司募集资金专户次数 | 每月一次 | | （2）公司募集资金项目进展是否与信息披露文 | 是 | ...

Group 1: Business Performance - In 2024, the revenue from self-owned brands was CNY 348.40 million, a decrease of 20.06% year-on-year, while the revenue from testing services was CNY 353.02 million, an increase of 21.13% year-on-year [2] - The company’s annual production capacity exceeds 15 billion semiconductor units, with a stable capacity utilization rate compared to the previous year [3] - The company experienced a decline in both revenue and net profit in 2024 due to factors such as the global semiconductor market cycle, weak consumer electronics demand, and rising raw material and labor costs [6] Group 2: Strategic Focus and Future Plans - The company plans to deepen its core business and enhance IC product process R&D capabilities, actively expanding its customer base in industrial, automotive, and new energy markets [2] - Future capacity expansion will be based on market demand recovery and completed fundraising projects [3] - The company aims to enhance its competitiveness by increasing R&D investment in automotive-grade products and expanding its market share in the automotive electronics sector [4] Group 3: Technology and Innovation - The company has implemented smart manufacturing systems (MES, ERP, APS) to improve production efficiency and product quality [3] - Advanced packaging technologies such as ultra-thin chip packaging and system-in-package (SiP) are being developed, although their current application ratio is low [5] - The company is focusing on R&D in emerging fields such as wide-bandgap power semiconductor devices and plans to launch competitive new products [5] Group 4: Investor Relations and Market Confidence - The management emphasizes the importance of maintaining investor confidence through proactive communication and engagement strategies [3] - The company is committed to optimizing its capital structure and financing plans to maximize shareholder value [5] - The company recognizes the need to continuously improve product structure and operational efficiency to address competitive pressures [6]

Core Viewpoint - The recent intensive share reduction by major shareholders and executives of Blue Arrow Electronics (301348.SZ) raises concerns about the company's future development amidst fierce competition in the semiconductor packaging and testing industry, particularly against the backdrop of the "three giants" in the sector [2][6]. Shareholder and Executive Reduction - On May 7, major shareholders and four executives of Blue Arrow Electronics announced plans to collectively reduce their holdings by 3.3774 million shares, representing 1.68% of the total shares, with a market value decrease of approximately 80.11 million yuan [2][5]. - The specific reductions include: - Shanghai Yinsenyu Enterprise Management Consulting Partnership (Limited Partnership) plans to reduce 2 million shares (1.00%) - General Manager Yuan Fengjiang plans to reduce 388,912 shares (0.19%) - Financial Director Zhao Xiuzhen plans to reduce 489,637 shares (0.24%) - Secretary of the Board Zhang Guoguang plans to reduce 258,342 shares (0.13%) - Supervisor Li Yongxin plans to reduce 237,824 shares (0.12%) [3][5]. Financial Performance and Market Position - Blue Arrow Electronics has experienced a significant decline in both stock price and financial performance since its listing on the ChiNext board in August 2023, with the stock price dropping from a high of 84.24 yuan to around 23.74 yuan [6][8]. - The company's revenue for 2023 was 737 million yuan, a year-on-year decrease of 2.00%, and the net profit attributable to shareholders was 58.3688 million yuan, down 18.28% [6][8]. - In 2024, the company reported a revenue of 713 million yuan, a decline of 3.2%, and a net profit of 15.11 million yuan, down 74.1% [6][8]. Industry Competition and Challenges - The semiconductor packaging and testing industry is currently dominated by three major players: Longji Technology, Tongfu Microelectronics, and Huada Semiconductor, which have all reported significant revenue growth [8][11]. - Blue Arrow Electronics holds a mere 0.1% market share in the semiconductor packaging service sector, with revenue of 35.3 million yuan, indicating a substantial competitive disadvantage [11]. - The company faces challenges such as a downturn in the global semiconductor market, limited demand for consumer electronics, and increased competition leading to price pressures [8][11].

Group 1 - The major shareholder, Shanghai Yinsenyu Enterprise Management Consulting Partnership, plans to reduce its stake by up to 2,000,000 shares, representing 1% of the total share capital [1] - The company's general manager, Yuan Fengjiang, intends to sell up to 388,912 shares, which is 0.19% of the total share capital [1] - The company's vice president and CFO, Zhao Xiuzhen, plans to reduce her holdings by up to 489,637 shares, accounting for 0.24% of the total share capital [1] Group 2 - The company's vice president and board secretary, Zhang Guoguang, plans to sell up to 258,342 shares, which is 0.13% of the total share capital [2] - The company's supervisor, Li Yongxin, intends to reduce his stake by up to 237,824 shares, representing 0.12% of the total share capital [2]

证券代码：301348 证券简称：蓝箭电子 公告编号：2025-017 公司持股 5%以上股东上海银圣宇企业管理咨询合伙企业（有限合伙）；董 事、总经理袁凤江先生；董事、副总经理、财务总监赵秀珍女士；董事、副总经 理、董事会秘书张国光先生；监事李永新先生保证向本公司提供的信息内容真 实、准确、完整，没有虚假记载、误导性陈述或重大遗漏。 本公司及董事会全体成员保证公告内容与信息披露义务人提供的信息一致。 特别提示： 1、佛山市蓝箭电子股份有限公司（以下简称"公司"）持股 5%以上股东 上海银圣宇企业管理咨询合伙企业（有限合伙）（曾用名：深圳市银圣宇创业 投资企业(有限合伙)）（以下简称"银圣宇"）持有公司股份 15,519,504 股 （占公司总股本比例 7.76%）。银圣宇计划在本公告披露之日起 15 个交易日后 的三个月内以集中竞价方式减持本公司股份累计不超过 2,000,000 股（占本公司 总股本比例 1%）。 2、持有公司股份 1,555,648 股（占公司总股本比例 0.78%）的公司董事、 总经理袁凤江先生，计划自本公告披露之日起 15 个交易日后的三个月内以集中 竞价方式减持本公司股份累计不超过 ...

蓝箭电子（301348）公告，持股5%以上股东上海银圣宇企业管理咨询合伙企业计划在公告披露之日起 15个交易日后的三个月内以集中竞价方式减持不超过200万股，占公司总股本1%。董事、总经理袁凤江 拟减持不超过38.89万股，占公司总股本0.19%。董事、副总经理、财务总监赵秀珍拟减持不超过48.96 万股，占公司总股本0.24%。董事、副总经理、董事会秘书张国光拟减持不超过25.83万股，占公司总股 本0.13%。监事李永新拟减持不超过23.78万股，占公司总股本0.12%。减持原因均为股东自身资金需 求。 ...

Core Viewpoint - Blue Arrow Electronics reported a decline in both revenue and net profit for the year 2024, attributed to weak demand in the consumer electronics market and prolonged customer inventory adjustments [2][3]. Financial Performance - The company achieved an operating revenue of 713.06 million yuan in 2024, a decrease of 3.19% compared to 736.58 million yuan in 2023 [3]. - The net profit attributable to shareholders was 15.11 million yuan, down 74.11% from 58.37 million yuan in the previous year [3]. - The net profit after deducting non-recurring gains and losses was 10.89 million yuan, reflecting a 74.31% decline from 42.40 million yuan in 2023 [3]. - The net cash flow from operating activities increased by 50.14% to 139.04 million yuan, compared to 92.61 million yuan in 2023 [3]. - Basic and diluted earnings per share were both 0.08 yuan, down 77.14% from 0.35 yuan in 2023 [3]. - The total assets at the end of 2024 were 1.87 billion yuan, a decrease of 2.24% from 1.92 billion yuan in 2023 [3]. - The net assets attributable to shareholders were 1.53 billion yuan, down 2.61% from 1.57 billion yuan in 2023 [3]. Operational Insights - The company faced pressure on product prices due to a decline in gross margin, which fell by 7.66% to 7.97% [2][3]. - Increased investment in research and development and smart manufacturing was noted, impacting short-term profits [2]. - The company optimized its period expenses, resulting in a decrease in the expense ratio by 1.1% to 6.82% [2]. Strategic Focus - Blue Arrow Electronics is committed to deepening its focus on the semiconductor discrete devices and integrated circuit packaging sectors, particularly in third-generation semiconductor power devices and automotive-grade products [2][4]. - The company has successfully established a digital, intelligent, and automated production system throughout the packaging process, enhancing its capabilities from 4-inch to 12-inch wafer packaging [4]. - The company aims to develop high-end products and expand its high-end customer base, striving to become a leading packaging enterprise in the industry [5]. Recent Developments - In the first quarter of 2025, the company reported an operating revenue of 139 million yuan, a year-on-year increase of 0.8%, while the net loss attributable to shareholders narrowed to 7.29 million yuan, a 12.23% improvement [4].

Core Insights - Blue Arrow Electronics (301348.SZ) reported a total operating revenue of 713 million yuan for 2024, ranking 97th among disclosed peers, which represents a decrease of 23.52 million yuan or 3.19% year-on-year [1] - The company's net profit attributable to shareholders was 15.11 million yuan, ranking 103rd among peers, down by 43.26 million yuan or 74.11% compared to the same period last year [1] - The net cash inflow from operating activities was 139 million yuan [1] Financial Metrics - The latest debt-to-asset ratio is 18.55%, an increase of 0.31 percentage points from the same period last year [3] - The latest gross profit margin is 7.97%, ranking 140th among peers [3] - The return on equity (ROE) is 0.99%, ranking 98th among peers, down by 2.73 percentage points year-on-year [3] - The diluted earnings per share (EPS) is 0.08 yuan, ranking 97th among peers, a decrease of 0.27 yuan or 77.14% year-on-year [3] Operational Efficiency - The total asset turnover ratio is 0.38 times, a decrease of 0.11 times or 22.42% year-on-year [4] - The inventory turnover ratio is 5.52 times [4] Shareholder Structure - The number of shareholders is 30,200, with the top ten shareholders holding 103 million shares, accounting for 51.38% of the total share capital [4] - The top shareholders include Wang Chengming (15.8%), Chen Zhanlun (9.86%), and others [4] Research and Development - The total R&D investment is 28.48 million yuan, ranking 135th among peers, and has decreased by 0.92 million yuan or 3.14% year-on-year [4] - The latest R&D investment ratio is 3.99%, ranking 144th among peers [4]