关于向2023年股票期权激励计划激励对象授予 预留股票期权的公告 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。 天水华天科技股份有限公司（以下简称"公司"）于 2024 年 12 月 13 日召 开第七届董事会第十九次会议、第七届监事会第十六次会议，审议通过了《关于 向 2023 年股票期权激励计划激励对象授予预留股票期权的议案》。根据《上市 公司股权激励管理办法》、公司《2023 年股票期权激励计划（草案）》的规定 及公司 2023 年第一次临时股东大会的授权，董事会认为公司 2023 年股票期权激 励计划预留授予股票期权的授予条件已经成就，同意公司向激励对象授予预留股 票期权。现将有关事项公告如下： 证券代码：002185 证券简称：华天科技 公告编号：2024-046 天水华天科技股份有限公司 一、2023 年股票期权激励计划简述及已履行的审批程序 （一）2023 年股票期权激励计划简述 1、激励工具：股票期权 2、股票来源：为公司向激励对象定向发行公司 A 股普通股股票。 3、激励对象范围：为公司及其全资子公司、控股子公司的核心技术人员、 核心业务人 ...

证券代码：002185 证券简称：华天科技 公告编号：2024-043 天水华天科技股份有限公司 关于获得政府补助的公告 根据《企业会计准则第 16 号—政府补助》的规定，与资产相关的政府补助， 是指企业取得的、用于购建或以其他方式形成长期资产的政府补助。与收益相关 的政府补助，是指除与资产相关的政府补助之外的政府补助。上述收到的与资产 相关的政府补助合计人民币 0.00 万元（未经审计）；收到与收益相关的政府补 助合计人民币 2,697.58 万元（未经审计）。 2、补助的确认和计量 1 按照《企业会计准则第 16 号—政府补助》，公司及子公司收到与资产相关 的政府补助时，按照规定将补助资金冲减相关资产账面价值或确认为递延收益， 在相关资产使用寿命内按照合理、系统的方法分期计入当期损益。 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、获取补助的基本情况 天水华天科技股份有限公司（以下简称"公司"）及子公司自 2024 年 12 月 4 日至 2024 年 12 月 11 日期间，获得的政府补助具体情况如下所示： | 获得补助的主体 | 收款时间 | 补 ...

证券代码：002185 证券简称：华天科技 公告编号：2024-042 天水华天科技股份有限公司 关于控股股东增持公司股份计划 时间过半的进展公告 天水华天电子集团股份有限公司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： 天水华天科技股份有限公司（以下简称 "公司"）控股股东天水华天电 子集团股份有限公司（以下简称"华天电子集团"）计划自 2024 年 9 月 10 日起 六个月内增持公司股份，增持金额不低于 3,000 万元人民币。 1 4、增持主体在本次增持股份计划前六个月的减持情况：华天电子集团在本 次增持股份计划前六个月内，不存在减持本公司股份的情况。 二、增持计划的主要内容 1、本次增持股份的目的：基于对公司未来持续稳定发展的信心，华天电子 集团计划增持公司股份。 2、本次增持股份的数量或金额：合计增持金额不低于 3,000 万元人民币。 3、本次拟增持股份的价格：本次增持计划未设定价格区间，华天电子集团 将基于对本公司股票价值的合理判断，并根据公司股票价格波动情况及资本市场 整体 ...

1 证券代码：002185 证券简称：华天科技 公告编号：2024-041 天水华天科技股份有限公司 关于获得政府补助的公告 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、获取补助的基本情况 天水华天科技股份有限公司（以下简称"公司"）及子公司自 2024 年 7 月 1 日至 2024 年 12 月 3 日期间，获得的政府补助具体情况如下所示： | 获得补助的主体 | 收款时间 | 补助形式 | 补助金额 | 补助类型 | 会计处理 | | --- | --- | --- | --- | --- | --- | | | | | （万元） | | | | 天水华天科技股份有限公司 | 2024/7/26 | 现金 | 100.00 | 与资产相关 | 递延收益 | | | 2024/8/22 | 现金 | 300.00 | 与收益相关 | 其他收益 | | | 2024/11/7 | 现金 | 100.00 | 与收益相关 | 其他收益 | | 华天科技（昆山）电子有限 | | | | | | | | 2024/8/26 2024/9/18 | 现金 现 ...

Key Points Company Overview - **Revenue and Profit Growth**: Huatian Technology achieved a revenue of 10.5 billion yuan in the first three quarters of 2024, a 30.52% increase year-on-year. Net profit surged by 330% to 357 million yuan. Gross margin also improved significantly from 8.5% to 12.3% [2]. - **Production Base Performance**: Among the five production bases, the Tianshui base saw a net profit increase of 358%, while the Xi'an base turned profitable. The Nanjing base's gross margin increased to 6%, and the Kunshan base's net profit grew by 65%. However, the Xiamen base's gross margin decreased [2]. - **Financial Performance**: The company's financial indicators showed a gradual growth trend, but third-quarter net profit decreased slightly due to a decline in the market value of stocks held. Adjusted operating profit excluding non-recurring items continued to rise [2]. - **Financial Costs**: Increased financial costs were primarily due to increased bank loans, long-term liabilities, and exchange losses. The fourth quarter is expected to see further growth in financial costs, but interest payments may decrease [2]. - **CM Processing Rate**: The low CM processing rate was mainly due to weak market demand, particularly in the US market. High-speed computing and storage performed relatively well, but other product categories did not recover as expected [2]. - **Fourth Quarter Outlook**: Fourth-quarter net profit is expected to grow faster than revenue due to product price adjustments and cost reduction measures. Fair value changes in income are not expected to shrink [2]. Production Base Details - **Tianwater Base**: Revenue increased by 30% year-on-year to 2.67 billion yuan, with a net profit increase of 358% to 3.9 billion yuan. Gross margin improved from 8.71% to 13.68% [4]. - **Xi'an Base**: Revenue increased by 27.74% year-on-year to 2.47 billion yuan, with a net profit increase of 140 million yuan from a loss of 100 million yuan last year. Gross margin improved from 5.59% to 16.46% [4]. - **Nanjing Company**: Revenue increased by 37.46% year-on-year to 2.17 billion yuan, but net profit remained negative at 60 million yuan, wider than the 42 million yuan loss last year. Gross margin increased from 2.68% to 6% [4]. - **Kunshan Base**: Revenue increased by 47.51% year-on-year to 1.37 billion yuan, with a net profit increase of 65% to 83 million yuan. Gross margin remained around 18% [4]. - **Xiamen Company**: Revenue increased by approximately 5-6 percentage points year-on-year to 1.82 billion yuan, with a net profit of 80 million yuan, unchanged from last year. Gross margin decreased from 10.57% to 8.72% [5]. Financial Analysis - **Rise in Financial Costs**: The increase in financial costs was mainly due to increased bank loans, long-term liabilities, and exchange losses [7]. - **Fourth Quarter Financial Outlook**: Fourth-quarter financial costs are expected to increase, but interest payments may decrease due to the replacement of high-interest loans with low-interest loans [8]. - **CM Processing Rate**: The low CM processing rate was mainly due to weak market demand, particularly in the US market. High-speed computing and storage performed relatively well, but other product categories did not recover as expected [9]. Industry Outlook - **Downstream Industry Outlook**: High-speed computing and storage sectors showed stable growth, with AI data center products growing continuously. However, there are concerns about the potential growth bottleneck in the storage sector. The consumer electronics industry showed moderate growth in the first half of the year, but stabilized in the third quarter [10]. - **Future Growth Prospects**: The modern electronics industry is expected to have a high degree of certainty in future growth, but the specific growth rate is difficult to predict due to the need for more data and information [20]. Other Key Points - **Advanced Packaging**: The company is focusing on advanced packaging, with the Kunshan base focusing on computer packaging, the Nanjing base on large-scale integration packaging, and the Xiamen base on wafer-level packaging [14]. - **2.5D Technology**: 2.5D technology is mainly applied in high-speed computing and storage fields, with existing customer groups including domestic large enterprises [15]. - **CPU Optical Module**: The optical module business is still in the research and development stage and has not yet been officially launched or cooperate with customers [16]. - **Revenue Structure**: Consumer electronics accounted for the largest share of 45%, followed by storage products at 10%, automotive electronics at 10%, and 30-35% from industrial control products [17]. - **Price Trend**: Product prices remained relatively stable in the first half of the year and are expected to remain stable in the fourth quarter due to intense domestic competition [25]. - **Cost Changes**: The impact of material price increases, such as copper and gold, was generally short-lived, with adjustments made within a month [30]. - **Competitive Advantage**: Huatian Technology achieved revenue and gross margin growth through comprehensive measures, including order guarantee, long-term cooperation, cost reduction, and efficiency improvement [31]. - **Third-party Testing Business**: The company established a third-party testing business in Lingang, focusing on CT testing for domestic design companies [32].

Investment Rating - The investment rating for Huada Technology (002185.SZ) is maintained at "Buy-A" [1][3]. Core Views - The company has shown significant year-on-year growth in revenue and net profit for the first three quarters of 2024, driven by a recovering integrated circuit market and increased customer engagement [1][3]. - The gross margin has been steadily improving, with a comprehensive gross margin of 12.29% for the first three quarters of 2024, compared to lower margins in 2022 and 2023 due to market downturns [1][3]. - The company continues to focus on advanced packaging technology and has increased its R&D investment, which accounted for 6.29% of revenue in the first half of 2024 [1][3]. Summary by Sections Revenue and Profitability - In the first three quarters of 2024, Huada Technology achieved a revenue of 10.531 billion yuan, a year-on-year increase of 30.52%. The net profit attributable to shareholders was 357 million yuan, up 330.83% year-on-year [1][3]. - The third quarter alone saw a revenue of 3.813 billion yuan, representing a year-on-year growth of 27.98% and a quarter-on-quarter increase of 5.56% [1][3]. Gross Margin - The gross margin for the first three quarters of 2024 was 12.29%, with quarterly margins of 8.52%, 12.96%, and 14.72% respectively [1][3]. - The company is recovering from the low margins experienced in 2022 and 2023, with signs of improvement noted in the second half of 2023 and into 2024 [1][3]. R&D and Technological Focus - Huada Technology emphasizes advanced packaging as a key area of R&D, with a focus on technologies such as Fan-Out, FOPLP, and automotive electronics [1][3]. - The company has maintained R&D expenditures above 5% of revenue, with 423 million yuan spent in the first half of 2024 [1][3]. Market Position and Future Outlook - The company is expected to benefit from the increasing demand for advanced packaging driven by the growth of artificial intelligence and computing power needs [3]. - Revenue projections for 2024 to 2026 have been adjusted to 14.037 billion yuan, 16.175 billion yuan, and 17.999 billion yuan respectively, with growth rates of 24.2%, 15.2%, and 11.3% [3][5].

Investment Rating - The report maintains a "Buy" rating for Huatian Technology (002185 SZ) [1] Core Views - Huatian Technology achieved significant profit growth in Q3 2024, with total revenue reaching 10 531 billion yuan, a year-on-year increase of 30 52% [1] - The company's profit attributable to parent company shareholders surged by 330 83% year-on-year to 357 million yuan, driven by increased investment income and industry recovery [1] - Advanced packaging capacity is steadily improving, with fixed asset expenditure exceeding 2 billion yuan in the first half of the year, primarily for advanced packaging capacity construction [1] - The semiconductor industry's recovery is strong, with increased demand from upstream industries driving higher product sales and orders [1] Financial Performance - In Q3 2024, Huatian Technology's operating cash flow increased by 34 57% year-on-year, while financing cash flow grew by 78 43% [1] - The company's net cash balance increased by 464 75% year-on-year, reflecting improved investment capabilities and capital expenditure [1] - R&D expenses rose by 38 60% year-on-year, indicating continuous enhancement of R&D capabilities [1] - Financial expenses increased by 103 17% due to higher financing activities [1] Industry Outlook - The semiconductor industry is experiencing a strong recovery, with increased demand from upstream sectors driving growth [1] - Domestic substitution in the semiconductor industry is becoming more certain, with rising industry utilization rates leading to higher prices and volumes in downstream packaging and testing [1] - The company's advanced packaging capacity is expected to further enhance market share as new projects come online [1] Valuation and Forecast - The report forecasts Huatian Technology's net profit attributable to parent company shareholders to reach 674 million yuan in 2024, 958 million yuan in 2025, and 1 286 billion yuan in 2026 [1] - EPS is projected to be 0 21 yuan in 2024, 0 30 yuan in 2025, and 0 40 yuan in 2026 [1] - The company's PE ratio is expected to be 65 2x in 2024, 45 9x in 2025, and 34 2x in 2026 [1] - Compared to peers like Tongfu Microelectronics and JCET, Huatian Technology's valuation is slightly higher, justified by its advanced packaging capacity and potential for margin improvement [1] Financial Ratios - The company's ROE is expected to improve from 1 45% in 2023 to 5 17% in 2026 [5] - Gross margin is projected to increase from 8 91% in 2023 to 18 27% in 2026 [5] - Net margin is forecasted to rise from 2 46% in 2023 to 9 05% in 2026 [5] - The debt-to-asset ratio is expected to decline from 43 34% in 2023 to 24 85% in 2026 [5]

Investment Rating - The investment rating for the company is "Buy" (maintained) [1][3][11] Core Views - The company reported a significant year-on-year revenue growth of 30.52% for the first three quarters of 2024, achieving a total revenue of 10.531 billion yuan [3] - The gross margin improved to 12.29%, an increase of 3.77 percentage points year-on-year, while the net profit margin reached 3.53%, up by 2.34 percentage points year-on-year [3] - The company is expected to benefit from advanced packaging technologies, with production capacity steadily increasing [4] Financial Performance Summary - For Q3 2024, the company achieved a revenue of 3.813 billion yuan, representing a year-on-year increase of 27.98% and a quarter-on-quarter increase of 5.56% [3] - The net profit for Q3 2024 was 134 million yuan, showing a remarkable year-on-year growth of 571.76% [3] - The company has adjusted its profit forecasts for 2024-2026, now expecting net profits of 543 million yuan, 994 million yuan, and 1.344 billion yuan for the respective years [3][6] Production and Capacity Expansion - The company has made progress in the production of automotive electronic packaging products and advanced packaging facilities, with multiple product lines entering mass production [4] - The production lines for 2.5D and FOPLP projects are now operational, and various high-integration packaging products have achieved mass production capabilities [4] Shareholder Confidence - The controlling shareholder plans to increase their stake in the company by at least 30 million yuan, reflecting confidence in the company's future business development [5]

第七届董事会第十八次会议决议公告 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。 证券代码：002185 证券简称：华天科技 公告编号：2024-039 天水华天科技股份有限公司 同意 9 票，反对 0 票，弃权 0 票。 《舆情管理制度》内容详见巨潮资讯网（http://www.cninfo.com.cn）。 备查文件： 公司第七届董事会第十八次会议决议 特此公告。 天水华天科技股份有限公司董事会 天水华天科技股份有限公司（以下简称"公司"）第七届董事会第十八次会 议通知和议案等材料于 2024 年 10 月 21 日以电子邮件和书面送达方式送达各位 董事，并于 2024 年 10 月 28 日以通讯表决方式召开。会议应参加表决的董事 9 人，实际参加表决的董事 9 人。本次会议符合《公司法》及《公司章程》的规定。 会议审议通过了如下决议： 一、审议通过了公司《2024 年第三季度报告》。 同意 9 票，反对 0 票，弃权 0 票。 《2024 年第三季度报告》内容详见巨潮资讯网（http://www.cninfo.com.cn） 和刊登在《证券时报》的 2 ...

天水华天科技股份有限公司 舆情管理制度 二〇二四年十月 天水华天科技股份有限公司 舆情管理制度 舆情管理制度 第一章 总则 第一条 为了提高天水华天科技股份有限公司（以下简称"公司"）应对各类舆 情的能力，建立快速反应和应急处置机制，及时、妥善处理各类舆情对公司股价、 公司商业信誉及正常生产经营活动造成的影响，切实保护公司及投资者合法权益， 根据相关法律法规的规定和《公司章程》，特制定本制度。 （三）可能或者已经影响社会公众投资者投资取向，造成股价异常波动的信息； （四）其他涉及公司信息披露且可能对公司股票及其衍生品交易价格产生较大 影响的事件信息。 第三条 舆情信息的分类： 第二条 本制度所称舆情包括： （一）报刊、电视、网络等媒体对公司进行的负面报道； （二）社会上存在的已经或将给公司造成不良影响的传言或信息； （一）重大舆情：指传播范围较广，严重影响公司公众形象或正常经营活动， 使公司已经或可能遭受损失，已经或可能造成公司股票及其衍生品种交易价格变动 的负面舆情； （二）一般舆情：指除重大舆情之外的其他舆情。 第二章 舆情管理的组织体系及工作职责 第四条 公司应对各类舆情实行统一领导、统一组织、快速反应 ...