证券代码：688220 证券简称：翱捷科技 翱捷科技股份有限公司投资者关系活动记录表 编号：2024-0912 | --- | --- | --- | |--------------|----------------------------------|------------------------------------------------------| | | √特定对象调研 □分析师会议 | | | 投资者关系活 | □媒体采访 □业绩说明会 | | | 动类别 | □新闻发布会 □路演活动 | | | | □现场参观 | □电话会议 | | | □其他 | | | | 长江证券、华宝基金、申万菱信 | | | | 太平基金、淳厚基金、华夏基金 | | | 参与单位名称 | 光大证券、中信建投、中银国际证券 | | | | 国君资管、创金合信、海通创新 | | | | 丹羿投资、中欧基金、星石投资 | | | 时间 | 2024 年 9 月 10、11 日 | | | | 董事长 戴保家 | | | 上市公司接待 | | | | 人员姓名 | 董事、董事会秘书、副总经理 韩旻 | | | | | ...

Investment Rating - The investment rating for the company is "Buy" and it is maintained [7]. Core Views - The company reported a revenue of 1.655 billion yuan for the first half of 2024, representing a year-on-year increase of 56.62%. The net profit attributable to the parent company was a loss of 265 million yuan, which is a reduction in loss by 71 million yuan compared to the previous year [5][6]. - The demand for IoT and smartphones is recovering, which is accelerating the company's efforts to return to profitability. The second quarter of 2024 saw a revenue of 825 million yuan, up 27.21% year-on-year, with a net profit loss of 143 million yuan, also showing a reduction in loss [5][6]. - The company has made significant breakthroughs in both the IoT and smartphone sectors, launching its first 5G RedCap chip and a smartphone chip, ASR8601, which has received positive feedback from customers [6][7]. Summary by Sections Financial Performance - In 2024H, the company achieved a revenue of 1.655 billion yuan, with a year-on-year growth of 56.62%. The net profit attributable to the parent company was a loss of 265 million yuan, a reduction in loss by 71 million yuan year-on-year. The second quarter of 2024 saw a revenue of 825 million yuan, with a net profit loss of 143 million yuan [5][6]. - The gross margin for Q2 2024 reached 24.75%, an increase of 0.08 percentage points year-on-year, while the net margin was -16.90%, an improvement of 4.73 percentage points year-on-year [5]. Product Development - The company has launched its first 5G RedCap chip and has completed certification testing with China Mobile, with plans for mass production in the second half of 2024. Additionally, the ASR8601 smartphone chip has been introduced to the Latin American market, receiving positive customer feedback [6][7]. - The sales volume of the cellular baseband main chip increased by over 80% year-on-year, while non-cellular IoT chip sales grew by over 70% [6]. Market Outlook - The company is expected to achieve revenues of 3.457 billion yuan, 4.410 billion yuan, and 6.015 billion yuan for 2024, 2025, and 2026 respectively, with corresponding price-to-sales ratios of 4X, 3X, and 2X [7]. - The company is also expanding its presence in the automotive and non-cellular IoT sectors, with significant growth in product shipments and collaborations with major appliance manufacturers [6].

海通证券股份有限公司关于翱捷科技股份有限公司 1 督导期间"），保荐机构及保荐代表人按照《证券发行上市保荐业务管理办法》 （以下简称"保荐办法"）、《上海证券交易所科创板股票上市规则》（以下简称 "上市规则"）等相关规定，通过日常沟通、定期回访、现场检查、尽职调查等 方式进行持续督导，现就 2024 年半年度持续督导情况报告如下： 2 项 目 工作内容 1、建立健全并有效执行持续督导工作制度，针 对公司的具体情况确定持续督导的内容和重 点，督导公司履行有关上市公司规范运作、信 守承诺和信息披露等义务，审阅信息披露文件 及向中国证监会、证券交易所或其他机构提交 的其他文件，并按保荐办法要求承担相关持续 督导工作。 保荐机构已建立健全并有效执行持续督导工 作制度，针对公司的具体情况确定持续督导的 内容和重点，督导公司履行有关上市公司规范 运作、信守承诺和信息披露等义务，审阅信息 披露文件及向中国证监会、证券交易所或其他 机构提交的其他文件，并按保荐办法要求承担 相关持续督导工作。 2、根据上市规则规定，与公司就持续督导期间 的权利义务签订持续督导协议。 保荐机构已与上市公司签署了保荐协议，协议 明确了双方在持续督 ...

证券代码：688220 证券简称：翱捷科技 翱捷科技股份有限公司投资者关系活动记录表 编号：2024-0903 | --- | --- | --- | |---------------------------|-----------------------------------------------------------------------|------------------------------------------------------| | | √特定对象调研 □分析师会议 | | | 投资者关系活 | □媒体采访 □业绩说明会 | | | 动类别 | □新闻发布会 □路演活动 | | | | □现场参观 | □电话会议 | | | □其他 | | | | Brilliance Asset 、凯石基金、信达澳亚 | | | | 源乘投资、中信建投基金、海通证券 | | | | 光大证券、深圳前海云溪、顺势同心 | | | | 华福证券、海通创新、申万宏源 | | | 参与单位名称 | 景顺长城、圆信永丰、华夏久盈 | | | | 中金公司、博时基金、厦门坚果 | | | | 海富通、华 ...

Investment Rating - The report maintains a "Buy" rating for the company Aojie Technology (688220.SH) as of September 3, 2024 [1]. Core Views - The company achieved significant revenue growth in the first half of 2024, with approximately CNY 1.655 billion in revenue, representing a year-on-year increase of about 56.62%. The net profit attributable to the parent company was approximately -CNY 265 million, a reduction in losses by about 21.21% [2][3]. - The company is focusing on the development of its cellular baseband and non-cellular IoT chip sectors, with sales of cellular baseband main chips and non-cellular IoT chips increasing by over 80% and 70% year-on-year, respectively [3]. - Aojie Technology's first smartphone chip, ASR8601, has debuted in the Latin American market, marking a significant step in the company's globalization strategy [4]. Summary by Sections Financial Performance - In 2024H1, the company reported a revenue of approximately CNY 1.655 billion, a 56.62% increase year-on-year. The gross profit margin for 2024H1 was 24.27%, a decrease of 0.35 percentage points year-on-year, while the net profit margin was -15.99%, an improvement of 15.8 percentage points year-on-year [3][5]. - For 2024Q2, the company achieved revenue of CNY 825 million, a year-on-year increase of 27.21%, with a slight quarter-on-quarter decrease of 0.61% [3]. Growth Drivers - The company is expected to benefit from the mass production of its 5G Redcap chip in the second half of 2024, having completed laboratory interoperability and certification tests with major equipment manufacturers [3]. - The company maintains substantial R&D investments, which are crucial for its growth in a high-tech industry characterized by significant barriers to entry [3][4]. Future Projections - The report forecasts revenues of CNY 3.315 billion, CNY 4.433 billion, and CNY 6.277 billion for 2024, 2025, and 2026, respectively. The net profit attributable to the parent company is projected to be -CNY 498 million in 2024, improving to a profit of CNY 247 million by 2026 [4][6].

Financial Performance - The company reported a significant increase in revenue for the first half of 2024, achieving a total of 1.2 billion CNY, representing a 25% growth compared to the same period last year[1]. - The company's revenue for the first half of 2024 reached ¥1,655,184,607.09, representing a 56.62% increase compared to ¥1,056,809,472.08 in the same period last year[16]. - The company's revenue increased by 56.62% compared to the same period last year, driven by significant growth in chip product sales and custom chip services[18]. - The company achieved operating revenue of CNY 1,655.18 million, an increase of 56.62% year-on-year[46]. - The total revenue for the first half of 2024 reached CNY 6,882,722,844.06, representing an increase of 5.14% compared to CNY 6,546,432,006.84 in the same period last year[134]. - The company reported a total comprehensive loss of ¥264,668,621.70 for the first half of 2024, compared to a loss of ¥301,792,732.02 in the prior year[175]. Profitability and Losses - The net profit attributable to shareholders was -¥264,705,195.12, an improvement from -¥335,972,957.95 in the previous year[16]. - The net loss attributable to shareholders decreased by 71.27 million yuan, while the net loss excluding non-recurring items decreased by 121 million yuan compared to the previous year[18]. - The net profit for the first half of 2024 was a loss of ¥340,274,675.79, slightly improved from a loss of ¥350,096,142.50 in the same period of 2023[178]. - The company reported a significant increase in cash and cash equivalents at the end of the period, totaling ¥2,366,621,323.27, down from ¥2,704,121,953.88 at the end of the previous year[182]. Research and Development - The company is investing 150 million CNY in R&D for new technologies aimed at enhancing product performance and user experience[1]. - The company is focusing on the development of new technologies and products, particularly in the fields of AI and SoC[10]. - The company continues to invest heavily in R&D, with R&D expenses slightly increasing by 0.31% compared to the same period last year[18]. - The company has applied for 14 invention patents and software copyrights in the first half of 2024, with a total of 151 valid authorized invention patents as of June 30, 2024[30]. - The company has established a comprehensive intellectual property management system, with a total of 431 intellectual property applications filed[31]. Market Expansion and Strategy - The company has provided a positive outlook for the second half of 2024, projecting a revenue growth of 20% year-over-year[1]. - Market expansion efforts include entering two new international markets, projected to increase overall market share by 15%[1]. - The company plans to expand its market presence and explore potential mergers and acquisitions to enhance growth opportunities[10]. - The company is actively expanding its product offerings in the automotive market, with LTE Cat.4 vehicle-mounted solutions expected to exceed 2 million units in shipments this year[50]. Operational Efficiency - The management highlighted a focus on improving operational efficiency, aiming for a 10% reduction in costs by the end of 2024[1]. - Future guidance indicates a focus on improving operational efficiency and reducing losses in the upcoming quarters[16]. - The company is currently developing new products, including 5G chips and new smartphone chips, which have not yet been validated by customers for large-scale sales[58]. Financial Position and Assets - The total assets at the end of the reporting period were ¥6,936,831,960.57, a decrease of 4.96% from ¥7,298,551,612.16 at the end of the previous year[16]. - The net assets attributable to shareholders decreased by 4.92% to ¥6,042,790,755.31 from ¥6,355,553,914.75 at the end of the previous year[16]. - The company's financial assets decreased by 36.30% from the previous year, dropping to 1,213,157,896.19 RMB, primarily due to the maturity of wealth management products[63]. - The company has a cash management balance of CNY 610,000,000.00 as of the end of the reporting period[143]. Shareholder and Equity Management - The company has committed to not reducing its shareholding for three full accounting years after the IPO if it is not profitable at the time of listing[89]. - The company has established a commitment to report any changes in shareholding for entities holding over 5% of shares during their control period[88]. - The profit distribution policy emphasizes a sustainable and stable approach, prioritizing cash dividends, with a minimum cash distribution of 10% of the annual distributable profit[110]. - The company plans to actively communicate with shareholders, especially minority shareholders, to gather feedback on dividend policies and proposals[112]. Legal and Compliance Issues - The company is involved in a patent infringement lawsuit regarding its ASR3601, ASR3603, and ASR1603 chips, with a first-instance judgment ruling in favor of the company, stating no infringement occurred[118]. - The company has faced multiple lawsuits related to patent rights, including a case where it was accused of infringing on a patent owned by Spreadtrum Communications, which is currently under appeal[119]. - The company has committed to not providing financial assistance to incentive plan participants for acquiring restricted stock[115]. Environmental and Sustainability Initiatives - The company emphasizes green procurement and collaborates with suppliers to fulfill environmental responsibilities[82]. - The company has implemented carbon reduction measures, focusing on energy efficiency and green practices, including promoting paperless operations and optimizing equipment[83]. - The company encourages employees to adopt green commuting and reduce the use of disposable items as part of its sustainability initiatives[83].

海通证券股份有限公司关于翱捷科技股份有限公司 2021年12月14日，中国证监会出具《关于同意翱捷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〔2021〕3936号），公司首次向社会公众公开 发行人民币普通股（A股）4,183.0089万股，发行价格为164.54元/股，募集资金 总额为人民币688,272.28万元，扣除发行费用人民币33,629.08万元后，实际募集 资金净额为人民币654,643.20万元。 上述募集资金已于2022年1月10日到位。普华永道中天会计师事务所（特殊 普通合伙）对本次发行募集资金的到账情况进行了审验，并出具了普华永道中天 验字（2022）第0046号《验资报告》。公司根据相关法律法规的要求对募集资金 进行专户存储管理。 截至2024年6月30日，公司募集资金专户余额为人民币57,755.27万元（含募 集资金利息收入扣减手续费净额），具体存放、在账情况以及募投项目投入情况 详见《2024年半年度募集资金存放与实际使用情况的专项报告》。 二、募集资金投资项目基本情况 根据《首次公开发行股票并在科创板上市招股说明书》《关于使用自有资金 1 部分募集资金投资项目结项并 ...

翱捷科技股份有限公司（以下简称"公司"）第二届监事会第八次会议通知于 2024 年 8 月 18 日送达全体监事。会议于 2024 年 8 月 29 日以现场结合通讯方式召开。 会议由监事会主席赵忠方主持，会议应参加表决监事 3 人，实际参加表决监事 3 人。本次会议的召开符合《中华人民共和国公司法》等相关法律法规及《翱捷科技股 份有限公司章程》的规定，作出的决议合法、有效。 二、监事会会议审议情况 经与会监事表决，审议通过了如下议案： 证券代码：688220 证券简称：翱捷科技 公告编号：2024-037 翱捷科技股份有限公司 第二届监事会第八次会议决议公告 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 上述议案经监事会表决，3 票同意，0 票反对，0 票弃权，本议案获得通过。 特此公告。 （一）审议通过《关于<2024年半年度报告>及其摘要的议案》 监事会认为：公司《2024 年半年度报告》及其摘要的编制和审核程序符合法律、 行政法规及中国证监会的规定，报告内容真实、准确、完整地反映了公司的实 ...

证券代码：688220 证券简称：翱捷科技 公告编号：2024-033 具体内容详见公司于 2023 年 2 月 15 日 在 上 海 证 券 交 易 所 网 站 （www.sse.com.cn）披露的《关于以集中竞价交易方式回购股份方案的公告》（公 告编号：2023-009）及后续回购进展相关公告。 公司于 2024 年 2 月 6 日，召开第二届董事会第七次会议，审议通过了《关于 延长回购公司股份实施期限的议案》，对股份回购实施期限延长 6 个月，延期至 2024 年 8 月 13 日止，即回购实施期限为自 2023 年 2 月 14 日至 2024 年 8 月 13 日。具体内容详见公司于 2024 年 2 月 7 日 在 上 海 证 券 交 易 所 网 站 （http://www.sse.com.cn）披露的《关于延长回购公司股份实施期限的公告》（公告 编号：2024-005）。 翱捷科技股份有限公司 关于股份回购实施结果暨股份变动的公告 本公司董事会及全体董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。。 重要内容提示： | 回购方 ...