深圳精智达技术股份有限公司 2024 年度独立董事述职报告 作为深圳精智达技术股份有限公司（以下简称"公司"）的独立董事，报告 期内，本人严格按照《中华人民共和国公司法》（以下简称"《公司法》"）《中 华人民共和国证券法》（以下简称"《证券法》"）等法律法规以及《深圳精智 达技术股份有限公司章程》（以下简称"《公司章程》"）《公司独立董事工作 制度》的要求，本着客观、公正、独立的原则，勤勉尽责、独立履职，及时了解 公司的生产经营及发展情况，准时出席相关会议，积极发挥独立董事作用，有效 维护了公司整体利益及全体股东的合法权益。现将 2024 年度履行独立董事职责 情况汇报如下： （二）独立性情况说明 作为公司的独立董事，本人及直系亲属均不在公司或其附属企业担任除独立 董事之外的其他职务，也未在公司主要股东处担任任何职务；没有为公司或其附 属企业提供财务、法律、咨询等服务；没有从公司及其主要股东或有利害关系的 机构和人员处取得额外的、未予披露的其他利益，不存在影响独立性的情况。 二、独立董事年度履职概况 （一）出席董事会和股东大会情况 2024 年度，本人在独立董事任期内均按规定出席了公司股东大会、董事会， 忠实 ...

深圳精智达技术股份有限公司 2024 年度独立董事述职报告 作为深圳精智达技术股份有限公司（以下简称"公司"）的独立董事，报告 期内，本人严格按照《中华人民共和国公司法》（以下简称"《公司法》"）《中 华人民共和国证券法》（以下简称"《证券法》"）等法律法规以及《深圳精智 达技术股份有限公司章程》（以下简称"《公司章程》"）《公司独立董事工作 制度》的要求，本着客观、公正、独立的原则，勤勉尽责、独立履职，及时了解 公司的生产经营及发展情况，准时出席相关会议，积极发挥独立董事作用，有效 维护了公司整体利益和全体股东的合法权益。现将 2024 年度履行独立董事职责 情况汇报如下： 一、独立董事的基本情况 （一）独立董事个人情况 本人胡殿君，1966 年 3 月出生，中国国籍，无境外居留权，毕业于南开大 学企业管理专业，硕士学历，中国非执业注册会计师、中国注册资产评估师。历 任深圳飞图新科技开发公司华北销售总部经理、深圳市高新技术产业投资服务有 限公司咨询评估部副经理、深圳市国成科技投资有限公司财务部经理、贵州航天 电源科技有限公司常务副总经理兼财务总监、深圳市泛海电源有限公司总经理等 职。现任公司独立董事，大族激 ...

精智达公告，2025年第一季度营收为1.52亿元，同比增长83.16%；净亏损1621.58万元，去年同期净亏 损1444.26万元。 ...

登录新浪财经APP 搜索【信披】查看更多考评等级 证券代码：688627 证券简称：精智达 公告编号：2025-028 深圳精智达技术股份有限公司 第三届监事会第二十次会议决议公告 本公司监事会及全体监事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容 的真实性、准确性和完整性依法承担法律责任。 一、监事会会议召开情况 深圳精智达技术股份有限公司（以下简称"公司"）第三届监事会第二十次会议于2025年4月8日在公司会 议室以通讯的方式召开。鉴于本次会议为紧急会议，全体监事一致同意豁免本次会议通知的时间要求。 本次会议由公司监事会主席陈苏里主持，应到监事3人，实到3人。本次会议的召集和召开程序符合《中 华人民共和国公司法》和《公司章程》的相关规定，会议形成的决议合法、有效。 二、监事会会议审议情况 与会监事就各项议案进行了审议，并表决通过以下事项： （一）审议通过《关于向激励对象首次授予限制性股票的议案》 公司监事会认为：首次授予的48名激励对象均为公司2025年第一次临时股东大会审议通过的《激励计划 （草案）》中确定的激励对象，具备《中华人民共和国公司法》《中华人民共和国证券法》等法律、法 ...

Market Performance - On April 1, 2025, the CSI 300 index rose by 0.01%, while the machinery sector increased by 0.34%, ranking 16th among all primary industries [2] - The 3C equipment sector saw the largest increase, up by 4.64%, whereas the industrial robots and industrial control systems sector experienced the largest decline, down by 1.02% [2] - Top three gainers included Zhongzhou Special Materials (+20.00%), Haheng Huaton (+13.73%), and Xinlai Yingcai (+10.41%); top three losers were Haiyuan Composites (-10.04%), Juliy Suojv (-10.02%), and Rifa Precision Machinery (-8.03%) [2] Company Announcements - Jinying Co. reported a revenue of 1.308 billion yuan for 2024, a decrease of 4.52% year-on-year, with a net profit of 22.3548 million yuan, down 36.73% [3] - Xianghe Industrial has repurchased 2.18% of its total share capital as of March 31, 2025 [3] - Ailong Technology has repurchased 0.9988% of its total share capital as of March 31, 2025 [3] - Ruisheng Intelligent has repurchased 0.11% of its total share capital as of March 31, 2025 [3] - Weichuang Electric has repurchased 0.4018% of its total share capital as of March 31, 2025 [3] - Jingzhida has repurchased 0.32% of its total share capital as of March 31, 2025 [4] - KJ Intelligent has repurchased 4.2938% of its total share capital as of March 31, 2025 [4] - World has repurchased 0.53% of its total share capital as of March 31, 2025 [5] - Zhichun Technology has repurchased 0.52% of its total share capital as of March 31, 2025 [6] - Yifei Laser has established a joint venture with Wuhan Industrial Innovation Development Research Institute with a registered capital of 40 million yuan, contributing 20 million yuan [8] Industry News - Pudu Robotics launched the world's first commercial humanoid embodied intelligent service robot, the Lightning Box Arm, on March 31, 2025, marking a significant step in the commercialization of humanoid service robots [10] - The Lightning Box Arm features a 7-degree-of-freedom bionic dual-arm and an 11-degree-of-freedom dexterous hand, capable of performing various tasks in commercial settings such as hotels, restaurants, and retail [10] - The robot integrates multiple technologies for enhanced operational capabilities and efficiency, showcasing advancements in navigation and obstacle avoidance [10] - The 2025 Zhongguancun Forum showcased nearly a hundred robots, highlighting innovations in AI and robotics, with robots performing various tasks such as reception and service [11][12] - The forum emphasized the rapid development of AI technology and its applications in public service and education, reflecting a vision of "human-robot coexistence" [12]

Group 1 - The new stock market activity has decreased, with the first-day price increase of new stocks on the Sci-Tech Innovation Board declining, while the opening board valuation has increased [1][13][17] - In March, the Sci-Tech Innovation Board's Shengke Nano was listed, achieving a first-day price increase of 241.41% and an opening board valuation of 154.01 times [1][17] - The ChiNext Board saw the listing of Zhejiang Huaye, Zhejiang Huayuan, and Xidian shares, with some stocks experiencing significant declines [1][25] Group 2 - The new stock issuance PE ratio for the Sci-Tech Innovation Board increased to 42.64 times in March, compared to 23.30 times in January [19][36] - The ChiNext Board's new stock issuance PE ratio rose to 17.56 times in March, up from 17.14 times in February [26] - The main board's new stock issuance PE ratio increased to 18.17 times in March, compared to 18.88 times in February [36] Group 3 - The report highlights key newly listed stocks since January 2023, including Shengke Nano and Hongjing Optoelectronics, which are recommended for attention [49] - The report lists 19 companies that have received approval from the China Securities Regulatory Commission, including Weigao Blood Purification and Yitang Technology, which are considered promising [45][46] - The report provides a detailed overview of the market position and competitive landscape of Shengke Nano, emphasizing its leading status in the semiconductor testing and analysis industry [56][57]

Core Viewpoint - The significant reduction in shareholding by major shareholders of Jingzhida (688627.SH) raises concerns about the company's future prospects, especially in light of its recent performance challenges and the competitive landscape in the semiconductor testing equipment industry [3][4][5]. Shareholder Reduction and Buyback - Multiple shareholders plan to reduce their holdings by up to 2.82 million shares, representing a maximum of 3% of the total share capital, within three months following the announcement [3][4]. - The company has only repurchased 20,000 shares, which is a mere 0.02% of its total share capital, indicating a lack of confidence in the buyback's impact compared to the scale of the shareholder reduction [3][6]. Financial Performance - In 2024, the company reported a revenue increase of 23.83% year-on-year, reaching 803 million yuan, but the net profit attributable to shareholders decreased by 28.93% to approximately 82.22 million yuan, and the net profit after deducting non-recurring gains and losses fell by 19.61% to about 67.80 million yuan [8][9]. - The company faces operational pressures, with a significant reliance on a few major clients, as the top five clients accounted for 86.76% of total revenue in 2023 [9][10]. Market and Operational Risks - The company operates in a technology-intensive industry with long R&D cycles, and it has increased R&D spending by 57.60% year-on-year to approximately 77.58 million yuan, which constitutes 12.28% of its revenue [9][10]. - High customer concentration poses a risk, as losing a major client could severely impact revenue and increase operational risks [9][10]. Cash Flow and Financial Health - The company reported a negative net cash flow from operating activities of 115 million yuan for the first three quarters of 2024, indicating potential challenges in daily operations and funding [10]. - Accounts receivable and contract assets combined represent 24.71% of total assets, which could affect profitability and cash flow if clients face financial difficulties [10].

Core Viewpoint - The article discusses the recent decision by Zhonghang Fund to suspend large subscriptions for its "Mini Fund" due to concerns about maintaining investment strategy effectiveness and protecting existing investors' returns [1][3]. Group 1: Fund Suspension Details - Zhonghang Fund announced on March 6 that it would suspend subscriptions exceeding 500,000 yuan for both A and C class shares starting March 7 [3]. - As of the end of last year, the fund's total size was only 19 million yuan, categorizing it as a "mini fund" [3]. - The suspension is attributed to the fund manager's concerns that a sudden increase in scale could negatively impact the fund's performance and strategy [3][4]. Group 2: Performance and Market Context - From the beginning of the year to March 5, Zhonghang Fund achieved a growth rate of 11.55% [3]. - The fund's top holdings include companies like Zhongke Feimiao and Zhaoyi Innovation, indicating a focus on high-growth sectors [3]. - The article notes that many high-performing funds are currently under subscription limits, with 361 active equity funds in similar situations [5]. Group 3: Broader Market Trends - The article highlights that many funds benefiting from the recent AI-driven market rally are also facing subscription limits, particularly those focused on technology sectors like robotics and artificial intelligence [8]. - Analysts suggest that the current market logic is centered around industrial trends and micro-innovation, with significant opportunities in AI and robotics expected to continue [8][9]. - The article emphasizes the importance of balancing fund performance and scale, especially for smaller fund companies [4].

行业周报 | 电子 证券研究报告 | 行业评级 | 推荐（维持） | | --- | --- | | 报告日期 | 2025 年 03 月 02 日 | 相关研究 【兴证电子】周报：阿里巴巴资本开支 超预期，看好端侧 AI 硬件创新浪潮和国 产算力需求-2025.02.23 【兴证电子】行业跟踪报告：创新 AI 交 互载体，AR 眼镜快速发展-2025.02.20 【兴证电子】Deepseek 拉动推理需求爆 发，服务器架构创新催生 PTFE PCB 需 求-2025.02.18 分析师：姚康 分析师：胡园园 S0190525010001 huyuanyuan1@xyzq.com.cn 分析师：王恬恬 S0190524040002 wangtiantian22@xyzq.com.cn 研究助理：刘珂瑞 liukerui@xyzq.com.cn 研究助理：刘培锐 S0190520080007 yaokang@xyzq.com.cn 分析师：仇文妍 S0190520050001 qiuwenyan@xyzq.com.cn 分析师：张元默 S0190523020002 zhangyuanmo@xyzq.com.cn ...

Investment Rating - The report assigns an "Accumulate" rating to the company, indicating a positive outlook for the stock over the next six months [1]. Core Views - The company's H1 2024 performance shows significant growth, with revenue reaching 362 million yuan, a year-on-year increase of 46.15%, and net profit of 38 million yuan, up 10.57% year-on-year [1][2]. - The dual drivers of display and storage markets are expected to enhance profitability, with the semiconductor equipment market projected to grow by 4% in 2024 [3][4]. - The company is actively expanding its business through R&D investments and partnerships, focusing on integrated circuit testing equipment and new display device testing solutions [2][3]. Financial Performance Summary - Revenue for 2024 is projected to be 914 million yuan, with a year-on-year growth rate of 41.0% [1][7]. - The net profit for 2024 is estimated at 154 million yuan, reflecting a growth rate of 33.1% [1][7]. - The company's gross margin for H1 2024 was 40.97%, an increase of 3.51 percentage points year-on-year [2]. - The company has maintained a strong focus on R&D, with R&D expenses increasing, contributing to long-term competitive advantages [2][4]. Business Development - The company has made significant advancements in new product development, including a high-speed front-end interface ASIC chip and various testing machines for semiconductor storage [3][4]. - The company is enhancing its market position in the display device testing sector, with successful collaborations with major manufacturers like BOE and TCL [3][4]. - The strategic focus on both new display device testing and semiconductor storage testing is expected to drive future growth and market share [3][4].