证券代码：301392 证券简称：汇成真空 公告编号：2025-005 广东汇成真空科技股份有限公司 广东汇成真空科技股份有限公司（以下简称"公司"）于2025年4月23日召 开第二届董事会第十四次会议、第二届监事会第十四次会议，审议通过了《关于 公司2024年度利润分配预案的议案》。本议案尚需提交公司股东会审议。现将有 关情况公告如下： 二、本次利润分配预案基本情况 关于公司2024年度利润分配预案的公告 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、审议程序 （一）本次利润分配的基本内容 本次利润分配预案为2024年度利润分配。 按照《公司法》和《公司章程》规定，公司不存在需要弥补亏损、提取任意 公积金的情况。根据公司2024年度财务报告（经审计），公司2024年合并报表实 现归属于上市公司股东的净利润为68,090,947.27元。截至2024年12月31日，公司 合并报表可分配利润为289,051,733.35元，母公司报表可分配利润为 292,208,546.31元。按照合并报表、母公司报表中可供分配利润孰低的原则，公 司可供分配的利润以合并报 ...

Financial Performance - The company's operating revenue for 2024 was ¥520,300,510.27, a decrease of 0.35% compared to ¥522,114,408.08 in 2023 [18]. - The net profit attributable to shareholders for 2024 was ¥68,090,947.27, down 16.02% from ¥81,075,481.46 in 2023 [18]. - The net cash flow from operating activities was -¥36,394,140.32, a significant decline of 370.26% compared to -¥7,739,176.94 in 2023 [18]. - The total assets at the end of 2024 increased by 30.57% to ¥1,112,176,244.01 from ¥851,798,884.48 at the end of 2023 [18]. - The net assets attributable to shareholders rose by 62.92% to ¥737,508,621.62 at the end of 2024, compared to ¥452,690,668.38 at the end of 2023 [18]. - The basic earnings per share for 2024 was ¥0.76, a decrease of 29.63% from ¥1.08 in 2023 [18]. - The weighted average return on equity for 2024 was 10.96%, down from 19.67% in 2023, reflecting an 8.71% decline [18]. - The total revenue for the reporting period was approximately ¥520.3 million, a slight decrease of 0.35% compared to ¥522.1 million in the previous year [68]. - Revenue from vacuum coating equipment for consumer electronics decreased by 9.62% to ¥135.4 million, while revenue from other consumer goods increased by 58.59% to ¥115.4 million [68]. - The company maintained a gross margin of 31.74% for direct sales, with a slight decrease of 2.36% compared to the previous year [71]. Dividend Distribution - The company plans to distribute a cash dividend of 2 RMB per 10 shares to all shareholders, based on a total of 100,000,000 shares [4]. - The company plans to distribute a cash dividend of RMB 2.5 per 10 shares, totaling RMB 25,000,000, based on a total share capital of 100,000,000 shares [176]. - The cash dividend distribution represents 100% of the total distributable profit of RMB 289,051,733.35 [180]. - The company has no plans for stock dividends or capital reserve transfers in the current reporting period [182]. Research and Development - The company is investing in new product development, with a budget allocation of 50 million RMB for R&D in the upcoming year [13]. - The company invested 5.85% of its sales revenue in R&D during the reporting period, indicating a strong commitment to technological innovation [62]. - The company has expanded its research team, increasing the number of R&D personnel to 51, which is a 2.00% increase from 50 in 2023 [86]. - The company has completed the development of high-temperature oxidation furnace equipment for silicon carbide wafers, achieving a heating temperature of ≥1500℃ with a temperature stability of ≤±1℃ [81]. - The company has developed a multi-wafer high-temperature oxidation furnace capable of accommodating ≥50 wafers, significantly enhancing product performance and reducing processing costs [81]. - The company has made technological breakthroughs in the development of industrial-grade chemical vapor deposition equipment, which will accelerate the domestic industrialization process and break foreign monopolies [81]. - The company has completed the development of ALD equipment for optical device applications, aimed at reducing customer production costs [81]. - The company is focusing on high-end micro-device manufacturing equipment, with a complete equipment manufacturing system already in place [81]. - The company is conducting research on the thermal and flow field design processes to enhance automation levels and yield rates in its equipment [81]. - The company has established a strong collaboration between industry, academia, and research to drive innovation and meet market demands [81]. Market and Competitive Landscape - The company is focusing on market expansion, targeting a 15% increase in market share over the next fiscal year [13]. - The company anticipates a revenue growth of 20% for the next fiscal year, driven by new product launches and market expansion strategies [13]. - The global vacuum coating equipment market is projected to reach $27 billion in 2024, with a compound annual growth rate exceeding 6.7% from 2024 to 2032 [30]. - The Asia-Pacific region holds a market share of 45% to 50% in the vacuum coating equipment market, driven by rapid economic growth and surging demand for consumer electronics [30]. - The demand for vacuum coating equipment is rapidly growing in China, driven by the expansion of the electronic information and semiconductor industries [34]. - The company faces risks related to the discontinuity of sales orders from single customers, which may impact operational performance if new customers are not acquired [116]. - The company faces market competition risks due to the presence of major foreign competitors in the vacuum coating equipment market, which dominate the high-end market segment [121]. - Domestic manufacturers are at a disadvantage in terms of market share and technological capabilities compared to foreign companies, which may impact the company's competitiveness in the vacuum coating equipment sector [122]. Corporate Governance - The company is committed to enhancing its corporate governance practices, ensuring compliance with regulatory requirements [13]. - The company has established a complete and independent business system, ensuring operational independence from controlling shareholders and actual controllers [135]. - The company maintains a fully independent financial accounting system, complying with the Accounting Law of the People's Republic of China and relevant accounting standards [137]. - The board approved the 2023 annual financial report during the ninth meeting held on March 16, 2024 [164]. - The board held a total of 6 meetings during the reporting period, with all directors attending in person [165]. - The audit committee conducted 6 meetings and approved the 2023 annual financial report and the 2024 Q1 review report [168]. - The company has not reported any penalties from regulatory authorities for its directors, supervisors, and senior management in the past three years [157]. - The company has disclosed its remuneration scheme on the CNINFO website for transparency [159]. Employee Management - The total number of employees at the end of the reporting period is 470, with 437 from the parent company and 33 from major subsidiaries [173]. - The employee composition includes 280 production personnel, 49 sales personnel, 83 technical personnel, 9 financial personnel, and 49 administrative personnel [173]. - The company has implemented a comprehensive employee compensation structure that includes salary, performance bonuses, subsidies, overtime pay, and other benefits [174]. - The company conducts 2-3 new employee training sessions and 2-3 management training sessions annually, along with various professional and skills training [175]. - Employee training programs are implemented to enhance business skills and modern management levels, creating a multi-tiered talent structure [198]. Environmental Responsibility - The company has implemented measures to control environmental risks, ensuring minimal pollutant emissions and compliance with environmental laws [191]. - The company has established a comprehensive waste management system, including recycling and proper disposal of solid waste [194]. - The company has achieved zero external discharge of cooling water through a closed-loop system [192]. - The company has not faced any administrative penalties related to environmental issues during the reporting period [191]. Financial Management - The company has committed a total investment of 23,500 million, with 16,204.46 million utilized by the end of the reporting period, achieving a utilization rate of 68.83% [110]. - The company plans to use 200.00 million of the raised funds to permanently supplement working capital, approved during the shareholder meeting on June 28, 2024 [111]. - As of December 31, 2024, the balance of the raised funds in the account is 77,932,595.55, which is held in a dedicated account [111]. - The company has a significant inventory value of 333,407.8 million, accounting for 37.60% of current assets, which may exert pressure on liquidity if not managed effectively [118]. - The company has reported a significant increase in cash outflows due to dividends, loan repayments, and issuance costs [91]. - The net profit showed a significant difference from the operating cash flow due to increases in accounts receivable, inventory, and contract liabilities [93].

Revenue and Profitability - The company's revenue for Q1 2025 was ¥97,390,454.01, representing a 35.82% increase compared to ¥71,703,899.62 in the same period last year[5] - Net profit attributable to shareholders decreased by 17.76% to ¥8,321,828.65 from ¥10,119,067.14 year-on-year[5] - Basic and diluted earnings per share fell by 38.32% to ¥0.0832 from ¥0.1349 in the same period last year[5] - Net profit for the current period was ¥8,321,828.65, a decrease of 17.7% from ¥10,119,067.14 in the previous period[16] Cash Flow - The net cash flow from operating activities was negative at -¥9,351,822.69, a decline of 330.34% compared to a positive cash flow of ¥4,060,080.63 in the previous year[5] - Cash inflow from operating activities totaled 123,798,675.27, down from 133,062,506.90 year-over-year[18] - Cash outflow from operating activities increased to 133,150,497.96 from 129,002,426.27 in the previous period[18] - Cash flow from investment activities was -19,137,546.01, worsening from -6,967,053.54 in the prior period[18] - Cash inflow from investment activities was 20,030,158.90, significantly lower than 50,058,336.40 in the previous period[18] - Cash outflow from investment activities decreased to 39,167,704.91 from 57,025,389.94 year-over-year[18] - Cash flow from financing activities generated a net inflow of 19,791,188.89, compared to 8,606,296.49 in the previous period[20] - The ending cash and cash equivalents balance was 175,304,642.90, up from 122,245,887.29 in the previous period[20] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,111,739,452.47, a slight decrease of 0.04% from ¥1,112,176,244.01 at the end of the previous year[5] - Total liabilities decreased to ¥365,909,002.19 from ¥374,667,622.39, reflecting a reduction of approximately 2.0%[14] - Total equity increased to ¥745,830,450.28 from ¥737,508,621.62, marking a growth of about 1.8%[14] - The company has a total of 229,512,927.28 in non-current assets, up from 225,345,404.64, reflecting an increase of about 0.93%[13] Shareholder Information - Total number of common shareholders at the end of the reporting period is 6,750[10] - The largest shareholder, Li Zhirong, holds 22.89% of shares, totaling 22,891,644 shares[10] - The company has a total of 10 major shareholders, with the top four being siblings who have signed a concerted action agreement[11] Operating Costs and Expenses - The company experienced a 57.38% rise in operating costs, amounting to ¥72,174,996.92, linked to increased equipment acceptance[8] - Total operating costs amounted to ¥88,660,374.97, up 35.5% from ¥65,394,343.07 in the prior period, with operating costs specifically rising from ¥45,861,460.53 to ¥72,174,996.92[15] - Research and development expenses were reported at ¥6,227,793.04, slightly down from ¥6,602,990.51, indicating a focus on cost management in R&D[15] Financial Performance Metrics - The weighted average return on equity decreased to 1.12% from 2.21% year-on-year, primarily due to a reduction in net profit[5] - Investment income decreased by 42.92% to ¥30,158.90, primarily due to reduced investments in financial products[8] - Financial expenses showed a notable improvement, with a net income of -¥401,902.13 compared to a loss of ¥1,124,170.49 in the previous period[15] Future Outlook - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[15]

证券代码：301392 证券简称：汇成真空 公告编号：2025-002 广东汇成真空科技股份有限公司 关于股票交易异常波动的公告 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，无虚假记 载、误导性陈述或重大遗漏。 一、股票交易异常波动情况介绍 广东汇成真空科技股份有限公司（以下简称"公司"）股票于2025年4月14 日、2025年4月15日、2025年4月16日连续三个交易日收盘价格涨幅偏离值累计 超过30%，根据深圳证券交易所相关规定，属于股票交易异常波动的情况。 公司提醒投资者注意投资风险，公司股价短期波动幅度较大，敬请广大投资 者注意二级市场交易风险，理性决策，审慎投资。 二、公司关注并核实的情况说明 针对公司股票交易异常波动的问题，公司董事会对公司实际控制人就相关事 项进行了核查，现就有关情况说明如下： 1、公司未发现前期披露的信息存在需要更正、补充之处。 2、公司未发现近期公共传媒报道了可能或已经对公司股票交易价格产生较 大影响的未公开重大信息。 3、公司目前的经营情况及内外部经营环境未发生重大变化。 三、是否存在应披露而未披露信息的说明 本公司董事会确认，公司目前没有任何根据《深圳证券 ...

证券研究报告：机械设备 | 公司点评报告 发布时间：2025-04-14 股票投资评级 | 最新收盘价（元） | 95.24 | | --- | --- | | 总股本/流通股本（亿股）1.00 | / 0.23 | | 总市值/流通市值（亿元）95 | / 21 | | 52 周内最高/最低价 | 104.06 / 39.13 | | 资产负债率(%) | 46.9% | | 市盈率 ∞ | | | 第一大股东 | 李志荣 | 研究所 分析师:吴文吉 SAC 登记编号:S1340523050004 Email:wuwenji@cnpsec.com 汇成真空(301392) 真空镀膜设备专精特新小巨人，助力高端产品国产 替代 l 投资要点 真空镀膜设备专精特新小巨人，产品应用领域不断拓宽。自2006 年成立以来，公司始终专注于以真空镀膜设备及其工艺为主的真空应 用解决方案领域，成立之初主要从事真空镀膜设备的研发、生产和销 售，产品主要应用于塑胶（玩具、功能塑胶等）、五金、陶瓷、卫浴、 钟表首饰、眼镜等产业，逐步掌握了蒸发镀膜、溅射镀膜、离子镀膜 等较为完善的镀膜技术和成熟的生产工艺，并招募和培养了一批具有 实 ...

4月1 4日，上证指数高开0 . 4 2%，创业板指涨1 . 4 4%，截至1 0 : 4 4，市场近4 9 0 0只个股上涨。 | 成分股 | 基金 | 资金 板块分析 新闻 简况(F | | | --- | --- | --- | --- | | 名称/代码 | | 最新 ⇒ 涨幅 = | 5日涨幅 = ▶ | | 汇成真空 | | 112.10 +17.70% +21.74% | | | 301392 | | | | | 领涨龙头1 | | | | | 朝阳科技 | | 22.84 +10.02% +15.88% | | | 002981 | | | | | 人气龙头1 3天2板 最终涨停09:25 | | | | | 瀛通通讯 | | 13.32 +9.99% +12.03% | | | 002861 | | | | | 首板 最终涨停09:30 | | | | | 超声电子 | | 9.80 +9.99% +5.83% | | | 000823 | | | | | 首板 最终涨停09:30 | | | | | 科森科技 | | 8.07 +9.95% +14.31% | | | 603626 | | ...

证券代码：301392 证券简称：汇成真空 公告编号：2025-001 1、案件所处的诉讼阶段：再审审查阶段。 2、上市公司所处的当事人地位：再审被申请人。 3、涉案的金额：本案申请人起诉金额、一审案件受理费、二审案件受理 费等共计 2641.96 万元。 4、对上市公司损益产生的影响：公司前期已经按照相关会计准则进行处 理，本次诉讼结果不会对公司本期利润或期后利润产生重大影响，最终影响 金额以公司年度审计结果为准。 近日，广东汇成真空科技股份有限公司（以下简称"公司"）收到江西省 高级人民法院出具的（2024）赣民申 4077 号《民事裁定书》，现将相关诉讼 进展情况公告如下： 一、本次诉讼的基本情况 2023 年 8 月 22 日，公司收到江西省赣州经济技术开发区人民法院寄出的 《开庭传票》和《应诉通知书》等材料，赣州市宝明显示科技有限公司作为原告 向公司提起买卖合同纠纷诉讼。2023 年 12 月，江西省赣州经济技术开发区人民 法院出具了《民事判决书》（案号：（2023）赣 0791 民初 4607 号），对该案做出 一审判决，判决驳回原告赣州市宝明显示科技有限公司的全部诉讼请求，案 件受理费由原告赣州 ...

Group 1: Company Overview - The company has a total of 488 employees as of the end of 2023, including 37 in management and administration, 132 in research and development, 263 in production, 46 in sales, and 10 in finance [2] - The company is continuously recruiting R&D talent to enhance its research capabilities [2] Group 2: Product Structure and Profitability - The company's vacuum coating equipment is categorized into four application areas: consumer electronics, other consumer goods, industrial products, and research institutions [4] - The overall gross margin for the first half of 2024 is 36%, with specific margins for each category: consumer electronics at 38%, other consumer goods at 28%, industrial products at 34%, and research institutions at 46% [4] Group 3: Shareholder and Market Strategies - Some original shareholders' shares will be unlocked on June 5, 2024, but no communication regarding a reduction plan has been made with the company [4] - The company is focusing on sectors such as consumer electronics, precision optics, semiconductors, and new energy, with progress in niche areas like optical equipment for consumer electronics and lithium battery coating equipment [4] Group 4: Future Business Development - The company's coating equipment can be applied in the robotics industry, particularly in optical components and wear-resistant coatings [4] - The company plans to actively expand into related application areas based on market demand [4] Group 5: Risk and Disclosure - The record indicates that any forward-looking statements regarding external environment assessments, company development strategies, or future plans do not constitute a substantive commitment to investors [4] - The activity does not involve any undisclosed significant information [4]

| | 特定对象调研 ☐分析师会议 | | --- | --- | | | ☐媒体采访 ☐业绩说明会 | | 投资者关系活动类别 | ☐新闻发布会 ☐路演活动 | | | ☐现场参观 | | | ☐其他（请文字说明其他活动内容） | | | 国金证券：周焕博、邓超瑜 | | 参与单位名称及人员姓名 | 博时基金：金晟哲、何坤 | | 时间 | 2025年03月07日 10:00-12:00 | | 地点 | 广东汇成真空科技股份有限公司 C 栋会议室 | | | 董事、总经理 李志荣先生 | | 上市公司接待人员姓名 | 董事会秘书、副总经理 肖献伟先生 | | | 监事、证券事务代表 刘珊女士 公司在遵守信息披露相关规定的前提下与投资者进行交流，交 | | | 流内容不涉及未披露的重大信息。具体交流内容如下： 第一部分：公司情况介绍 | | | 第二部分：交流环节 | | 投资者关系活动主要内容 | Q1.公司收入构成是怎样的？ | | 介绍 | 答：公司的销售收入主要包括销售真空镀膜设备、相关配件及耗 | | | 材、技术服务等，2024 上半年公司收入结构中真空镀膜设备收入占 | | | 比为 73% ...

Company and Industry Summary Company Overview - **Company Name**: 汇成真空 (Hui Cheng Vacuum) - **Founded**: August 2006 - **Headquarters**: Dongguan, Guangdong - **IPO**: Scheduled for June 2024 on the Sci-Tech Innovation Board - **Main Products**: Vacuum coating equipment and related services, characterized by customization and technical complexity [5][6] Financial Performance - **Revenue Growth**: Average annual revenue growth from 2018 to 2023 was 9.8%, with a growth rate of 11% in the first three quarters of 2024, driven by a recovery in consumer electronics demand and new customer acquisition [3][8] - **Profit Margins**: Gross margin increased from 29% in 2018 to 33% in 2023, while net margin rose from 7% to 15.5%, attributed to a decrease in expense ratios despite rising R&D costs [3][8] - **Customer Diversification**: Dependency on major clients like Apple reduced from over 50% in 2021 to 23% in 2023, enhancing revenue diversity and risk resilience [3][8] Market Position and Growth Drivers - **Industry Segments**: The company operates in four main areas: consumer electronics, industrial products, scientific instruments, and research institutions [7] - **Industrial Products Growth**: Sales from the industrial products segment accounted for over 40% of total revenue in 2023, expected to be the fastest-growing segment due to high value and low competition in the new energy sector [3][9] - **Sales Model**: The company employs a direct sales model, allowing for customized sales and better control over production based on customer demand [11] Industry Trends - **Consumer Electronics Recovery**: A rebound in smartphone shipments is anticipated starting from late 2023, with a broader recovery in the consumer electronics market expected in 2024 [12] - **High-End Equipment Demand**: The demand for high-end vacuum coating equipment is projected to grow significantly due to increased domestic needs and restrictions on overseas exports [13] Competitive Advantages - **Technological Expertise**: The company has mastered three mainstream technologies: evaporation coating, magnetron sputtering, and ion plating, which present high technical barriers [14] - **Strategic Partnerships**: Collaborations with major clients in the consumer electronics sector, including OPPO and vivo, and expansion into industrial applications such as aerospace and semiconductor sectors [14] Future Outlook - **Revenue Projections**: Expected revenue growth rates for the next three years are 12%, 30%, and 50%, primarily driven by the industrial products segment [15] - **Profit Growth**: Anticipated net profit growth rates for 2024 to 2026 are 39% and 53%, respectively, supported by favorable revenue structure changes and effective cost control [15] - **Valuation**: Projected PE ratios are approximately 50x by the end of 2025 and 35x by the end of 2026, indicating strong potential for rapid earnings release in the coming years [15]