证券代码：301486 证券简称：致尚科技 公告编号：2024-061 深圳市致尚科技股份有限公司 2、本次限售股上市流通日为 2024 年 7 月 8 日（星期一，非交易日顺延）； 一、首次公开发行股份概况和上市后股本变化情况 （一）首次公开发行股份情况 经中国证券监督管理委员会《关于同意深圳市致尚科技股份有限公司首次公 开发行股票注册的批复》（证监许可[2023]1022 号）批准，并经深圳证券交易所 审核同意，公司获准向社会公众发行人民币普通股 A 股 3,217.03 万股，并于 2023 年 7 月 7 日在深圳证券交易所创业板上市。 首次公开发行股票完成后公司总股本为 128,680,995 股，其中限售条件流通 股/非流通股的股份数量为 98,168,676 股，占发行后总股本的比例为 76.2884%； 无限售条件流通股的股份数量 30,512,319 股，占发行后总股本的比例为 23.7116%。 （二）上市后股份变动情况 关于部分首次公开发行前已发行股份上市流通的 提示性公告 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、误导性陈述或者重大遗漏。 特别提示： 1 ...

证券代码：301486 证券简称：致尚科技 公告编号：2024-060 深圳市致尚科技股份有限公司 关于股份回购进展情况的公告 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、误导性陈述或者重大遗漏。 深圳市致尚科技股份有限公司（以下简称"公司"）于 2024 年 2 月 23 日召 开 2024 年第二次临时股东大会审议通过了《关于回购公司股份方案的议案》， 同意公司使用自有资金以集中竞价交易方式回购公司部分发行的人民币普通股 （以下简称"本次回购"），用于实施员工持股计划或股权激励计划。本次回购 资金总额不低于人民币 3,000 万元（含），不超过人民币 5,000 万元（含），回 购价格不高于人民币 57.66 元/股，具体回购股份的数量及占公司总股本的比例以 实际回购的股份数量和占公司总股本的比例为准。本次回购股份实施期限为自公 司股东大会审议通过回购方案之日起 12 个月内。具体内容详见公司在巨潮资讯 网（www.cninfo.com.cn）上披露的《关于回购公司股份方案的公告》（公告编号： 2024-015）和《回购报告书》（公告编号：2024-024）。 根据《上市公司 ...

Investment Rating - The report maintains an "Accumulate-A" rating for the company [1] Core Views - The company's revenue for 2024 is projected to be 707 million yuan, with a growth rate of 40.8%, and is expected to reach 1.244 billion yuan by 2026, with a growth rate of 37.3% [1] - The net profit attributable to the parent company is forecasted to be 81 million yuan in 2024, growing by 11.2%, and is expected to increase to 149 million yuan by 2026, with a growth rate of 52.3% [1] - The company's products have entered major platforms such as Nintendo's Switch, Sony's PS series, and Meta's Quest, indicating strong growth potential in gaming and XR components [1] - The company's stake in Fokexima positions it as a leader in the MT chip sector, and developments in AI and "new infrastructure" are expected to drive performance growth [1] Financial Data and Valuation - Revenue (in million yuan): 576 in 2022, 502 in 2023, 707 in 2024, 906 in 2025, and 1,244 in 2026 [20] - Net profit (in million yuan): 117 in 2022, 73 in 2023, 81 in 2024, 98 in 2025, and 149 in 2026 [20] - PE ratios are projected to be 71.2 for 2024, 59.1 for 2025, and 38.8 for 2026 [20] - The gross margin is expected to be 32.3% in 2024, 32.9% in 2025, and 34.2% in 2026 [20] - The report indicates a significant increase in cash flow from operating activities, projected at 269 million yuan in 2024 [20]

Investment Rating - The report assigns a positive investment rating to the company, indicating a favorable outlook for its future performance. Core Insights - The company has successfully entered the supply chains of major players such as N Company, Meta, and Sony, benefiting from high gross margins in its gaming components business. The gross margin for the company's main business has consistently outperformed comparable companies in the industry [5][6][15]. Summary by Sections Company Overview - The company specializes in the design, research and development, production, and sales of electronic connectors, which are a significant part of its main business. It has established a wholly-owned subsidiary in Hong Kong to facilitate overseas sales and customer interactions [2]. Financial Performance - From 2019 to Q1 2024, the company's sales gross margins were 22.75%, 29.69%, 29.84%, 36.03%, 34.58%, and 38.24%, respectively, consistently higher than the industry average [6]. The company has a strong competitive advantage in the gaming components sector, with no direct competitors in mainland China [6]. Product Development and R&D - The company has seen a steady increase in R&D expenses, which were 22.47 million, 27.84 million, 30.28 million, and 35.00 million from 2020 to 2023, representing a growing commitment to innovation [17]. The R&D expense as a percentage of revenue has also increased, indicating a focus on enhancing product offerings [17]. Market Position and Client Dependency - The company relies heavily on Foxconn, which accounts for over 50% of its revenue. However, this dependency does not pose a significant risk to its operational stability due to Foxconn's strong market position and the company's compliance with client certification standards [15][16]. Product Categories and Sales - The company’s product categories include gaming machine components and connectors, with a notable focus on high-margin products such as sliders and connectors for gaming consoles [10][39]. The sales of these products have shown a strong correlation with the sales of major gaming consoles, indicating a robust market demand [46][72]. Future Growth Potential - The upcoming releases of new gaming consoles and the expected peak sales for existing models are anticipated to drive continued demand for the company's products, suggesting a positive growth trajectory [73]. The company is well-positioned to capitalize on the expanding gaming market, which is projected to grow significantly in the coming years [23][52].

Investment Rating - The report maintains a "Buy" rating for the company, expecting a stock price increase of over 15% relative to the industry index in the next six months [11]. Core Insights - The company's gaming console parts business is under pressure as the Switch enters the later stages of its product lifecycle, but it is actively exploring existing customer order potential and expanding its customer base to mitigate impacts. Future iterations of new consoles from key customers are expected to benefit the company [2][22]. - The optical communication sector is experiencing strong demand driven by the growth of AI computing power, with all three major production bases operating at full capacity, indicating high growth potential for this business [2][32]. - The precision manufacturing segment, particularly through its subsidiary Xike Industrial, has high-quality clients such as BYD, Foxconn, and Luxshare Precision, which are expected to benefit from the recovery in consumer electronics demand [2]. Financial Summary - In 2023, the company reported revenue of 502 million yuan, a year-on-year decrease of 12.81%, and a net profit attributable to shareholders of 73 million yuan, down 37.72% year-on-year. The first quarter of 2024 showed a revenue increase of 40.70% year-on-year to 174 million yuan [21][30]. - The estimated net profits for 2024 to 2026 are projected to be 94 million yuan, 122 million yuan, and 166 million yuan, respectively, with corresponding EPS of 0.73 yuan, 0.94 yuan, and 1.29 yuan [2][29]. - The company's gross margin for 2023 was 34.58%, a decrease of 1.45 percentage points year-on-year, while the net profit margin was 15.05%, down 5.26 percentage points year-on-year [30]. Business Segments - The gaming console parts revenue decreased by 33.68% year-on-year, while the optical connectors and precision manufacturing segments saw revenue growth of 31.48% and 13.40%, respectively [30]. - The company has developed and mass-produced various optical communication products, with three manufacturing bases operating at full capacity, indicating a robust market demand [32]. - The automation equipment business, which includes automated inspection and assembly lines, is expected to enhance profitability by providing advanced products to clients in the consumer electronics sector [32].

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、误导性陈述或者重大遗漏。 深圳市致尚科技股份有限公司（以下简称"公司"）于 2024 年 4 月 23 日召 开第二届董事会第十九次会议及第二届监事会第十四次会议，并于 2024 年 5 月 14 日召开 2023 年年度股东大会，审议通过了《关于使用部分闲置募集资金（含 超募资金）进行现金管理的议案》，为提高公司资金使用效率，增加公司现金资 产收益，同意公司在不影响募集资金投资项目建设和公司正常运营的情况下，使 用部分闲置募集资金（含超募资金）不超过人民币 108,000 万元进行现金管理， 使用期限为自公司股东大会审议通过之日起十二个月内有效。在上述额度及决议 有效期内，资金可以循环滚动使用。同时，在上述额度及相关要求范围内，董事 会授权公司管理层在额度范围和有效期限内行使决策权并签署开立募集资金现 金管理专用结算账户及现金管理业务相关法律文件，公司财务部负责具体操作， 授权有效期与上述额度有效期一致。 公司独立董事专门会议、保荐机构对上述事项均发表了明确同意的意见。具 体内容详见公司于 2024 年 4 月 24 日在巨潮资讯网（ ...

证券代码：301486 证券简称：致尚科技 公告编号：2024-058 深圳市致尚科技股份有限公司 关于使用部分闲置募集资金（含超募资金）进行现金管理到期赎 回的进展公告 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、误导性陈述或者重大遗漏。 深圳市致尚科技股份有限公司（以下简称"公司"）于 2024 年 4 月 23 日召开 第二届董事会第十九次会议及第二届监事会第十四次会议，并于 2024 年 5 月 14 日召开 2023 年年度股东大会，审议通过了《关于使用部分闲置募集资金（含超 募资金）进行现金管理的议案》，为提高公司资金使用效率，增加公司现金资产 收益，同意公司在不影响募集资金投资项目建设和公司正常运营的情况下，使用 部分闲置募集资金（含超募资金）不超过人民币 108,000 万元进行现金管理，使 用期限为自公司股东大会审议通过之日起十二个月内有效。在上述额度及决议有 效期内，资金可以循环滚动使用。 公司独立董事专门会议、保荐机构对上述事项均发表了明确同意的意见。具 体内容详见公司于 2024 年 4 月 24 日在巨潮资讯网（http://www.cninfo.com ...

Group 1: Company Overview and Product Structure - The main products of the company include game console components, electronic connectors, fiber optic connectors, and automation equipment, covering various fields such as consumer electronics, communication electronics, and automotive electronics [1] - In 2023, the company's total revenue was ¥501,954,837.58, with game console components generating ¥252,774,437.51 (50.36%), connectors generating ¥190,360,026.10 (37.92%), precision manufacturing and other businesses generating ¥44,163,458.37 (8.80%), and other businesses generating ¥14,656,915.60 (2.92%) [1] Group 2: Future Development Strategies - The company plans to enhance its game console components business by collaborating with key customers on product development and increasing R&D investment to meet existing customer demands [2] - In the optical communication sector, the company operates three manufacturing bases and is currently experiencing strong market demand, with all production bases operating at full capacity [2] - The precision manufacturing sector includes automation equipment for the 3C electronics industry, and the company aims to leverage shared technology and customer resources with its newly acquired subsidiary [2] Group 3: Production Capacity and Market Demand - The company has plans to expand production capacity in the optical communication field based on market demand, with the "5G component expansion project" being one of its fundraising projects [3] - The production capacity for the MT connector is approximately 12 million pieces per month, with production adjustments made according to market demand [3] Group 4: Profit Margins and Competitive Advantage - The gross margins for the company's main products are stable, with game console components at 39.10%, connectors at 29.09%, and precision manufacturing at 22.86% [3] - The company aims to strengthen its competitive advantages in game console components, electronic connectors, optical communication, and precision manufacturing, while increasing technological innovation and production efficiency [3]

Financial Data and Key Metrics Changes - The company is experiencing high demand in the optical module business, with an overall industry trend of supply shortages. The total production capacity is currently over 1200 units per month, with a goal to stabilize high-end capacity at 500 units per month by year-end [1][4] Business Line Data and Key Metrics Changes - High-end products, including 12-core and 16-core single-mode fibers, have seen significant demand increases, with 16-core single-mode prices reaching tens of yuan. The gross margin for high-end products exceeds 40%, with higher-end products yielding even greater margins. The optical module business is expected to contribute over half of the total revenue for the year [4][6] Market Data and Key Metrics Changes - The company has established a stable manufacturing presence in Vietnam and plans to further expand production there, responding to customer demands for overseas manufacturing capabilities [5] Company Strategy and Development Direction - The company is focused on expanding its production capacity in high-end optical modules and is strategically positioning itself in the Vietnamese market to meet customer needs [5] Management Comments on Operating Environment and Future Outlook - Management indicated that the overall revenue growth for the year will be high, although specific net profit figures could not be disclosed. The optical module business is expected to perform better than the first quarter throughout the year [6] Other Important Information - The company has significant clients in the optical module sector, including Tianfu Communication and other terminal customers, indicating a strong market position [3] Q&A Session Summary Question: What is the outlook for the optical module business? - The optical module business is expected to continue its explosive growth, with revenue contributions projected to exceed half of total revenue for the year [4]

证券代码：301486 证券简称：致尚科技 公告编号：2024-056 深圳市致尚科技股份有限公司 关于股份回购进展情况的公告 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、误导性陈述或者重大遗漏。 深圳市致尚科技股份有限公司（以下简称"公司"）于 2024 年 2 月 23 日召 开 2024 年第二次临时股东大会审议通过了《关于回购公司股份方案的议案》， 同意公司使用自有资金以集中竞价交易方式回购公司部分发行的人民币普通股 （以下简称"本次回购"），用于实施员工持股计划或股权激励计划。本次回购 资金总额不低于人民币 3,000 万元（含），不超过人民币 5,000 万元（含），回 购价格不高于人民币 57.66 元/股，具体回购股份的数量及占公司总股本的比例以 实际回购的股份数量和占公司总股本的比例为准。本次回购股份实施期限为自公 司股东大会审议通过回购方案之日起 12 个月内。具体内容详见公司在巨潮资讯 网（www.cninfo.com.cn）上披露的《关于回购公司股份方案的公告》（公告编号： 2024-015）和《回购报告书》（公告编号：2024-024）。 根据《上市公司 ...