证券代码：300394 证券简称： 天孚通信 公告编号：2024-062 苏州天孚光通信股份有限公司 关于召开 2024 年第三次临时股东大会的通知 本公司及董事会全体成员保证信息披露内容的真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 苏州天孚光通信股份有限公司（以下简称"公司"）第五届董事会第五次会 议定于 2024 年 11 月 15 日（星期五）下午 14:30 召开公司 2024 年第三次临时股 东大会，现将有关事项通知如下： 一、召开会议的基本情况： 1、股东大会届次：2024 年第三次临时股东大会 2、会议召集人：公司董事会 3、会议召开的合法性及合规性：经本公司第五届董事会第五次会议审议通 过，决定召开 2024 年第三次临时股东大会，召集程序符合有关法律、行政法规、 部门规章、规范性文件和《公司章程》的规定。 4、会议召开日期、时间： （1）现场会议时间：2024 年 11 月 15 日（星期五）下午 14:30 （2）网络投票时间：2024 年 11 月 15 日。其中，通过深圳证券交易所交易 系统进行网络投票的时间为 2024 年 11 月 15 日上午 9:15-9:25，9 ...

证券代码：300394 证券简称：天孚通信 公告编号：2024-061 苏州天孚光通信股份有限公司 关于使用部分闲置自有资金进行现金管理的公告 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、误导性陈述或重大遗漏。 一、本次使用部分闲置自有资金进行现金管理的基本情况 1、投资目的 为提高资金使用效率，公司及子公司在不影响正常经营的情况下，合 理利用部分暂时闲置自有资金进行现金管理，可以增加资金收益，为公司 及股东获取更多的回报。 2、投资额度及期限 公司及子公司使用不超过 40 亿元闲置自有资金进行现金管理，期限为 自公司股东大会审议通过之日起 12 个月。在上述额度及决议有效期内，可 以循环滚动使用。 3、投资品种 公司及子公司拟使用自有资金进行现金管理的产品品种为安全性高、 流动性好的理财产品。 4、实施方式 在上述额度范围内，授权公司总经理行使该项投资决策权，签署相关 合同文件，公司财务负责人负责具体实施相关事宜。 苏州天孚光通信股份有限公司（以下简称"公司"或"天孚通信"）于 2024 年 10 月 21 日召开第五届董事会第五次会议和第五届监事会第五次会议，审议 通过了《关 ...

证券代码：300394 证券简称：天孚通信 公告编号：2024-058 苏州天孚光通信股份有限公司 第五届董事会第五次会议决议公告 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、误导性陈述或重大遗漏。 一、董事会会议召开情况 苏州天孚光通信股份有限公司（以下简称"公司"或"天孚通信"）第五届 董事会第五次会议通知于 2024 年 10 月 11 日以电子邮件方式发出，会议于 2024 年 10 月 21 日以现场与通讯相结合的方式召开。应参加会议董事 6 人，实际参加 会议董事 6 人，公司监事、高级管理人员参加了会议。本次会议的召开符合《中 华人民共和国公司法》《公司章程》等法律法规和规范性文件的有关规定。会议 由董事长邹支农先生主持，审议通过以下各项议案及事项，并形成决议。 二、董事会会议审议情况 1、审议通过了《关于公司 2024 年第三季度报告的议案》 公司董事会经核查认为，公司 2024 年第三季度报告真实、准确、完整地反 映了公司 2024 年第三季度的财务状况和经营成果，不存在虚假记载、误导性陈 述和重大遗漏，披露的信息真实、准确、完整。 表决结果：同意 6 票，反对 ...

苏州天孚光通信股份有限公司 第五届监事会第五次会议决议公告 本公司及监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、误导性陈述或重大遗漏。 一、监事会会议召开情况 苏州天孚光通信股份有限公司（以下简称"公司"）第五届监事会第五次会 议通知于 2024 年 10 月 11 日以电子邮件方式发出，会议于 2024 年 10 月 21 日以 现场方式召开。应参加会议监事 3 人，实际参加会议监事 3 人。本次会议的召开 符合《中华人民共和国公司法》等法律法规及《公司章程》的规定。会议由监事 会主席王显谋先生主持，审议通过以下各项议案及事项，并形成决议。 二、监事会会议审议情况 1、审议通过了《关于公司 2024 年第三季度报告的议案》 经审议，监事会认为：董事会编制和审核公司 2024 年第三季度报告的程序 符合法律、行政法规和中国证监会的规定，报告内容真实、准确、完整地反映了 公司的实际情况，不存在任何虚假记载、误导性陈述或者重大遗漏。 证券代码：300394 证券简称：天孚通信 公告编号：2024-059 表决结果：同意 3 票，反对 0 票，弃权 0 票。 具体内容详见公司刊登于巨潮资讯网的 ...

Financial Performance - Revenue for the third quarter reached 838.75 million yuan, a year-on-year increase of 54.77%[1] - Net profit attributable to shareholders of the listed company was 322.25 million yuan, up 58.69% year-on-year[1] - Operating income for the year-to-date was 2.39 billion yuan, a year-on-year increase of 98.55%, driven by increased demand for high-speed optical components due to AI technology development and global data center construction[4] - Total revenue for the period reached 2,394,707,401.46 yuan, a significant increase from 1,206,110,652.99 yuan in the previous period[15] - Net profit attributable to the parent company's owners increased to 2,125,550,627.61 yuan from 1,544,755,673.69 yuan[14] - Net profit attributable to parent company shareholders reached 976,446,154.92 yuan, a significant increase from 439,076,654.11 yuan in the previous period[16] - Sales revenue from goods and services reached 2,330,137,917.66 yuan, a substantial increase from 1,216,969,859.19 yuan in the previous period[18] - Total comprehensive income amounted to 988,243,022.20 yuan, compared to 436,650,787.02 yuan in the previous period[17] - Basic earnings per share increased to 1.7642 yuan, up from 1.1132 yuan in the previous period[17] Assets and Liabilities - Total assets as of the end of the reporting period were 4.66 billion yuan, an increase of 19.66% compared to the end of the previous year[1] - Total assets increased to 4,664,594,713.76 yuan from 3,898,223,252.92 yuan at the beginning of the period[13] - Total liabilities rose to 788,264,959.79 yuan, up from 535,012,521.09 yuan at the beginning of the period[14] - Fixed assets increased to 745,424,874.30 yuan, compared to 616,493,648.04 yuan at the beginning of the period[13] - Intangible assets increased by 66.15% to 81.66 million yuan, mainly due to the purchase of land by the Thai subsidiary[4] Cash Flow - Cash flow from operating activities increased by 81.64% to 893.55 million yuan, driven by increased sales and collections[5] - Operating cash flow increased to 893,548,799.62 yuan, up from 491,922,842.85 yuan in the previous period[18] - Investment cash flow showed a net outflow of 207,765,645.40 yuan, compared to a net inflow of 324,425,998.46 yuan in the previous period[19] - Total cash inflow from investment activities was 2,620,272,447.12 yuan, compared to 1,744,445,438.50 yuan in the previous period[19] - Total cash outflow from investment activities was 2,828,038,092.52 yuan, up from 1,420,019,440.04 yuan in the previous period[19] - Net cash flow from financing activities was -272,820,924.50 yuan, compared to -116,492,945.26 yuan in the previous period[19] - Cash and cash equivalents grew to 2,238,120,560.97 yuan, up from 1,864,103,660.31 yuan at the beginning of the period[12] - Cash and cash equivalents at the end of the period stood at 2,235,120,560.97 yuan, up from 1,388,377,781.02 yuan in the previous period[19] Accounts Receivable and Contract Liabilities - Accounts receivable increased by 63.68% to 695.08 million yuan, primarily due to natural growth from increased sales[4] - Accounts receivable rose to 695,075,876.64 yuan, up from 424,667,739.87 yuan at the beginning of the period[12] - Contract liabilities increased by 133.88% to 195.78 million yuan, primarily due to increased advance payments from customers[4] - Contract liabilities increased to 195,776,205.12 yuan, compared to 83,708,461.32 yuan at the beginning of the period[13] Research and Development - Research and development expenses increased by 65.07% to 172.81 million yuan, mainly due to increased equity incentive expenses[5] - R&D expenses increased to 172,805,259.63 yuan, compared to 104,684,341.83 yuan in the previous period[15] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 61,087[6] - Suzhou Tianfu Renhe Investment Management Co., Ltd. holds 38.04% of the shares, totaling 210,714,328 shares[6] - Zhu Guodong, an overseas natural person, holds 8.90% of the shares, totaling 49,324,505 shares[6] - Hong Kong Central Clearing Limited holds 2.47% of the shares, totaling 13,670,562 shares[6] - The Industrial and Commercial Bank of China Limited - E Fund ChiNext ETF holds 1.52% of the shares, totaling 8,414,064 shares[6] - The Agricultural Bank of China Limited - CSI 500 ETF holds 1.04% of the shares, totaling 5,748,096 shares[6] - The Bank of China Limited - Manulife Transformation Opportunity Stock Fund holds 0.73% of the shares, totaling 4,048,780 shares[6] - Ping An Bank Co., Ltd. - Dongwu Mobile Internet Flexible Allocation Mixed Fund holds 0.61% of the shares, totaling 3,356,171 shares[6] Acquisitions - The company acquired 46.67% equity of Suzhou Tianfu Star Technology Co., Ltd. for RMB 233,592,093.41, increasing its ownership to 100%[11] - The acquisition of Suzhou Tianfu Star Technology Co., Ltd. was completed with the change of business registration on September 13, 2024[11] Prepayments - Prepayments increased by 93.60% to 7.51 million yuan, mainly due to increased prepayments for equipment and engineering[4]

Group 1 - The overall increase in the telecommunications industry is 0.05%, with 42 stocks rising and 6 stocks, including Hai Neng Da and Ming Pu Guang Ci, hitting the daily limit [1] - A total of 85 stocks are experiencing declines, with the largest drops recorded by Yun Li Wu Li at 14.24%, Fu Shi Da at 14.16%, and Shi Ji Ding Li at 10.45% [1] - As of October 21, the margin trading balance for Tianfu Communication is 1.516 billion yuan, with a financing balance of 1.505 billion yuan, reflecting an increase of 253 million yuan over the past 10 days, representing a 20.24% growth [1]

证券代码：300394 证券简称：天孚通信 公告编号：2024-057 苏州天孚光通信股份有限公司 2024 年半年度权益分派实施公告 3、自公司 2024 年半年度权益分派方案披露至实施期间，公司股本总额未 发生变化。 4、本次实施的权益分派方案与第五届董事会第四次会议审议通过的分配方 案一致，符合公司 2023 年年度股东大会审议通过的《关于 2024 年中期分红安 排的议案》相关要求，无需再次提交股东大会审议。 5、本次权益分派距离公司董事会审议通过利润分配方案时间未超过两个 月。 二、本次实施的利润分配方案情况 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、误导性陈述或重大遗漏。 苏州天孚光通信股份有限公司（以下简称"公司"）于 2024 年 8 月 21 日 召开第五届董事会第四次会议、第五届监事会第四次会议，审议通过了《关于 公司 2024 年半年度利润分配预案的议案》，2024 年半年度利润分配方案在公司 2023 年年度股东大会授权范围内，无需再次提交公司股东大会审议，现将权益 分派事宜公告如下： 一、股东大会授权及董事会审议通过利润分配方案情况 1、公司于 202 ...

]yrtsudnI_elbaT[ [Table_Title] 天孚通信（300394）2024年中报点评 24H1受益AI算力需求，高速光器件持续 增长 2024 年 09 月 20 日 [【投资要点】 Table_Summary] 2024 年上半年公司营业收入 15.56 亿元，同比增长 134.27%，第二季 度营业收入 8.24 亿元，环比增长 12.66%，上半年归母净利润 6.54 亿 元，同比增长 177.20%，第二季度归母净利润 3.75 亿元，环比增长 34.58%。上半年公司综合毛利率 57.77%，同比增长 6.81%，一方面受 益于行业景气度高，公司产能利用率较为饱和，另一方面美元汇率变 化和财务收益对今年上半年利润有所贡献。上半年销售费用率、管理 费用率、研发费用率分别为 0.91%、4.15%、7.2%，与去年同期相比均 有所下降。上半年公司经营产生的净现金流为 4.8 亿元，去年同期为 2.89 亿元，上半年合同负债 1.56 亿元，去年同期为 0.39 亿元。上半 年业绩的增长主要得益于因全球人工智能 AI 技术的发展和算力需求 的增加，全球数据中心建设带动对高速光器件产品需 ...

证券代码：300394 证券简称：天孚通信 公告编号：2024-056 苏州天孚光通信股份有限公司 关于收购苏州天孚之星科技有限公司 46.67%股权完 成工商变更登记的公告 法定代表人：欧洋 注册资本：50100万元整 成立日期：2022年3月8日 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有虚 假记载、误导性陈述或重大遗漏。 一、股权收购概述 苏州天孚光通信股份有限公司（以下简称"公司"）于2024年8月14日召开 第五届董事会第五次临时会议和第五届监事会第四次临时会议，并于2024年8月 30日召开2024年第二次临时股东大会，审议通过了《关于收购苏州天孚之星科技 有限公司46.67%股权暨关联交易的议案》，公司以自有资金233,592,093.41元收购 邹支农持有的苏州天孚之星科技有限公司（以下简称"天孚之星"）46.67%股权， 本次交易完成后，公司持有天孚之星100%股权。具体内容详见公司于2024年8月 15日刊登于巨潮资讯网披露的《关于收购苏州天孚之星科技有限公司46.67%股权 暨关联交易的公告》（公告编号：2024-046）。 二、股权收购进展情况 近日，天孚之星已完成 ...

Investment Rating - The report maintains a "Buy-A" rating for the company [2][6] Core Viewpoints - The company's passive and active optical components are experiencing strong demand, driven by the global AI boom and increasing computing power needs [4] - The company is well-positioned to benefit from the high-speed optical module market, with a focus on customized, high-quality passive components and optical engine business [6] - The company's revenue and net profit have shown significant year-over-year growth, with H1 2024 revenue reaching 1.56 billion yuan (+134.3% YoY) and net profit reaching 650 million yuan (+177.2% YoY) [3] Market Performance - The company's stock price closed at 73.90 yuan on September 9, 2024, with a yearly high/low of 173.99/68.59 yuan [1] - The company's market capitalization stands at 40.93 billion yuan, with a circulating A-share market cap of 40.85 billion yuan [1] - Basic EPS is 1.18 yuan, with a diluted EPS of 1.18 yuan and a net asset per share of 6.76 yuan [1] Financial Performance - H1 2024 revenue was 1.56 billion yuan (+134.3% YoY), with net profit of 650 million yuan (+177.2% YoY) [3] - Q2 2024 revenue was 820 million yuan (+12.7% QoQ), with net profit of 380 million yuan (+34.6% QoQ) [3] - The company's passive and active optical components generated revenues of 700 million yuan (+63.4% YoY) and 820 million yuan (+267.4% YoY) respectively in H1 2024 [4] Product and Technology Development - The company is focusing on the development of high-speed optical modules, with a particular emphasis on 1.6T products, which are expected to drive future growth [5] - The company's passive components, such as Fiber Array, AWG, and silicon lenses, are highly customized and have high precision, reliability, and consistency [1] - The company is expanding production capacity for passive components supporting high-speed and silicon photonics, with expectations of continued growth in H2 2024 [1] Customer and Market Trends - The company's major customer, Fabrinet, has seen strong growth in data communication revenue, with 800G and above products accounting for 34.4% of revenue in Q2 2024 [5] - Fabrinet expects continued strong demand for 800G products in H2 2024, with potential for 1.6T product shipments following customer demand [5] - The company's inventory of raw materials increased by 64.3% compared to the beginning of the year, indicating preparation for future production needs [5] Financial Projections - The company's revenue is projected to grow from 3.81 billion yuan in 2024E to 8.18 billion yuan in 2026E, with net profit expected to increase from 1.52 billion yuan to 3.14 billion yuan over the same period [6][8] - The company's gross margin is expected to remain stable, with 2024E-2026E projections of 55.1%, 52.0%, and 51.9% respectively [8] - EPS is forecasted to grow from 2.74 yuan in 2024E to 5.68 yuan in 2026E, with ROE expected to peak at 39.4% in 2025E [8] Strategic Initiatives - The company is expanding its overseas presence, with partial production lines in Thailand already operational and a 46.67% stake acquisition in Tianfu Star [5] - The company is focusing on high-end product development, with significant R&D investments in specialized Fiber Array devices, silicon photonics components, and high-power laser products [1]