证券代码：300693 证券简称：盛弘股份 公告编号：2024-093 深圳市盛弘电气股份有限公司 关于使用闲置自有资金进行现金管理的进展公告 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、理财产品的基本情况 公司与上述银行无关联关系。 二、主要风险提示及控制措施 1、投资风险 （1）虽然理财产品都经过严格的评估，但金融市场受宏观经济的影响较大， 不排除该项投资受到市场波动的影响。 深圳市盛弘电气股份有限公司（以下简称"公司"或"盛弘股份"）于 2024 年 10 月 24 日召开了第四届董事会第四次会议，审议通过了《关于使用闲置自有资金进 行现金管理的议案》。公司及全资子公司在确保不影响正常生产经营的情况下，拟使 用 50,000 万元闲置自有资金进行现金管理，使用期限为自董事会审议通过之日起 12 个月，在上述额度内，资金可滚动使用。具体内容详见公司于 2024 年 10 月 26 日在 巨潮资讯网（www.cninfo.com.cn）披露的《关于使用闲置自有资金进行现金管理的 公告》（公告编号：2024-089）。 在审批额度范围内，授权董事长或由 ...

证券代码：300693 证券简称：盛弘股份 公告编号：2024-092 特此公告！ 深圳市盛弘电气股份有限公司 董事会 动的公告 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。 为进一步加强与投资者的互动交流，深圳市盛弘电气股份有限公司（以下简 称"公司"）将参加由深圳证监局和深圳证券交易所指导、深圳上市公司协会与 深圳市全景网络有限公司联合举办的"2024 年度深圳辖区上市公司集体接待日" 活动，现将相关事项公告如下： 本次活动将采用网络远程的方式举行，投资者可登录"全景路演"网站 （https://rs.p5w.net），或关注微信公众号：全景财经，或下载全景路演 APP, 参与本次互动交流，活动时间为 2024 年 12 月 12 日（周四）14:30-17:00。届时 公司高管将在线就公司业绩、公司治理、发展战略、经营状况等投资者关心的问 题，与投资者进行沟通与交流，欢迎广大投资者踊跃参与！ 2024 年 12 月 6 日 深圳市盛弘电气股份有限公司 关于参加 2024 年度深圳辖区上市公司集体接待日活 ...

Investment Rating - The investment rating for the company is "Outperform the Market" [2][7]. Core Views - The company has shown strong revenue growth driven by the electric vehicle charging business, with a year-on-year increase of 45% in the third quarter [5][6]. - The energy storage segment has faced challenges, with a significant decline in revenue in the third quarter, but future growth is anticipated as the U.S. enters a rate-cutting cycle [6][7]. - The company is expected to benefit from the recovery in industrial storage demand and expansion in overseas large-scale storage business, projecting a 35% growth in energy storage revenue for 2025 [6][7]. Summary by Sections Financial Performance - For the first three quarters, the company reported revenue of 2.095 billion yuan, a year-on-year increase of 20.91%, with net profit attributable to shareholders at 271 million yuan, down 0.93% year-on-year [5]. - The revenue breakdown includes 402 million yuan from industrial power supply (up 8.93% YoY), 619 million yuan from new energy power conversion equipment (up 6.84% YoY), and 859 million yuan from electric vehicle charging equipment (up 45% YoY) [5][6]. Revenue Forecast - The company forecasts revenues of 3.153 billion yuan for 2024, with a year-on-year growth of 18.9%, and expects to reach 4.969 billion yuan by 2026 [8][15]. - The electric vehicle charging segment is projected to grow significantly, with expected revenues of 1.19 billion yuan in 2024, reflecting a 40% increase [9][12]. Profitability Metrics - The company anticipates net profits of 410 million yuan for 2024, with earnings per share (EPS) of 1.32 yuan [8][15]. - The gross margin is expected to decline slightly from 41% in 2023 to 38.9% in 2024, reflecting competitive pressures in the energy storage market [8][15]. Market Comparison - The company is compared to peers with a projected price-to-earnings (P/E) ratio of 25-30 times for 2024, suggesting a fair value range of 32.96 to 39.56 yuan per share [7][8].

Investment Rating - The report maintains an "Accumulate" rating for the company [5] Core Views - The company's profitability is under short-term pressure, but the charging pile business is experiencing rapid growth [4] - In Q3 2024, the company achieved revenue of 664 million yuan, a year-on-year increase of 5.32%, while net profit attributable to shareholders decreased by 2.80% to 89 million yuan [3] - The company’s total revenue for the first three quarters of 2024 reached 2.095 billion yuan, up 20.91% year-on-year, with a net profit of 271 million yuan, down 0.93% [3] Summary by Sections Financial Performance - In Q3 2024, the company reported a revenue of 664 million yuan, a 5.32% increase year-on-year, and a net profit of 89 million yuan, a decrease of 2.80% [3] - For the first three quarters of 2024, total revenue was 2.095 billion yuan, reflecting a 20.91% year-on-year growth, while net profit was 271 million yuan, down 0.93% [3] Product and Market Dynamics - The company's profitability is impacted by product structure and capacity ramp-up disturbances, with domestic energy storage revenue increasing but facing lower margins compared to overseas markets [4] - The electric vehicle charging equipment sales reached 859 million yuan in the first three quarters of 2024, a 45% year-on-year increase, driven by rising penetration of new energy vehicles in China [4] - The company is actively expanding into the overseas large-scale energy storage market, particularly in North America, with new product designs aimed at enhancing market penetration [4] Future Outlook - The company expects domestic energy storage revenue to continue increasing as the fourth quarter approaches, which is typically a peak season for installations [4] - Profitability may remain under pressure in the short term due to competitive domestic market conditions and ongoing capacity ramp-up challenges [4]

证 券 研 究 报 告 盛弘股份（300693）2024 年三季报点评 强推（维持） 收缩国内储能，看好海外拓展 目标价：34.6 元 当前价：25.56 元 事项： ❖ 公司发布三季报，前三季度实现营收 20.95 亿元，yoy+20.91%；归母净利润 2.71 亿元，yoy-0.93%；扣非净利润 2.60 亿元，yoy+0.32%。其中，24Q3 收入 6.64 亿元，yoy+5.32%，qoq-20.11%；归母净利润 0.89 亿元，yoy-2.80%，qoq22.64%；扣非净利润 0.86 亿元，yoy-2.47%，qoq-24.09%。单 Q3 毛利率 41.46%，环比+1.87pcts；净利率 13.26%，环比-0.39pcts。 ❖ 多方面因素导致前三季度业绩低于预期，出现增收不增利现象。根据公司 24 年 10 月 31 日披露的投资者交流纪要，公司四块业务前三季度情况如下：工业 配套电源实现销售收入 4.02 亿元，同比增长 8.93%；新能源电能变换设备实 现销售收入 6.19 亿元，同比增长 6.84%；电动汽车充电设备实现销售收入 8.59 亿元，同比增长 45%；电池检测 ...

证券研究报告 | 公司动态点评 2024 年 11 月 04 日 盛弘股份（300693.SZ） 充电桩驱动收入稳健增长，静待储能业务修复 | --- | --- | --- | --- | --- | --- | --- | --- | |----------------------|-------|-------|-------|-------|-------|------------------------------------------|------------------| | 财务指标 | 2022A | 2023A | 2024E | 2025E | 2026E | 增持（维持评级） | | | 营业收入（百万元） | 1,503 | 2,651 | 3,202 | 4,102 | 5,087 | 股票信息 | | | 增长率 yoy （ % ） | 47.2 | 76.4 | 20.78 | 28.12 | 24.02 | | | | 归母净利润（百万元） | 224 | 403 | 404 | 528 | 671 | 行业 | 电力设备及新能源 | | 增长率 yoy （ % ） | 9 ...

证券代码：300693 证券简称：盛弘股份 公告编号：2024-091 深圳市盛弘电气股份有限公司 关于回购股份实施完成暨股权变动的公告 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。 深圳市盛弘电气股份有限公司（以下简称"公司"）于 2023 年 11 月 6 日召 开的第三届董事会第二十三次会议和第三届监事会第二十二次会议，审议通过了 《关于回购公司股份方案的议案》。公司拟以自有资金通过集中竞价交易方式回 购公司已发行的人民币普通股（A 股）股票，用于员工持股计划或者股权激励。 本次用于回购股份的资金总额不低于人民币 2,000 万元（含）且不超过人民币 3,000 万元（含），回购价格不超过 42.61 元/股（含）。本次回购股份的实施期 限为自董事会审议通过本回购股份方案之日起十二个月内。具体内容详见公司分 别于 2023 年 11 月 6 日、2023 年 11 月 9 日在巨潮资讯网上披露的《关于回购公 司股份方案的公告》（公告编号：2023-104）、《回购报告书》（公告编号：2023- 106）。 证券代码：300693 证券简称：盛弘股份 公 ...

证券研究报告：电力设备 | 公司点评报告 2024 年 11 月 1 日 公司基本情况 最新收盘价（元） 25.20 总股本/流通股本（亿股）3.11 / 2.53 总市值/流通市值（亿元）78 / 64 52 周内最高/最低价 33.16 / 18.16 资产负债率(%) 56.5% 市盈率 19.31 第一大股东 方兴 股票投资评级 买入|维持 个股表现 -31% -25% -19% -13% -7% -1% 5% 11% 17% 23% 2023-11 2024-01 2024-03 2024-06 2024-08 2024-10 盛弘股份 电力设备 资料来源：聚源，中邮证券研究所 研究所 分析师:杨帅波 SAC 登记编号:S1340524070002 Email:yangshuaibo@cnpsec.com 盛弘股份(300693) 储能业务短期承压，充电桩业务亮眼 ⚫ 投资要点 事件：2024 年 10 月 25 日，公司发布 2024 年三季报。 2024Q1-3 公司营收 21.0 亿元，同比+20.9%；归母净利润 2.7 亿 元，同比-0.9% ；其中 2024Q3 公司营收 6.6 亿元， ...

Financial Performance - In the first three quarters of 2024, the company achieved operating revenue of approximately 2.095 billion yuan, an increase of 20.09% compared to the same period last year [1] - The net profit attributable to shareholders was 271 million yuan, a decrease of 0.93% year-on-year [1] - Revenue from industrial power supply reached 402 million yuan, up 8.93% [1] - Revenue from new energy power conversion equipment was 619 million yuan, an increase of 6.84% [1] - Revenue from electric vehicle charging equipment amounted to 859 million yuan, a significant increase of 45% [1] - Revenue from battery testing and formation equipment was 185 million yuan, growing by 1.9% [1] Reasons for Profit Decline - The shift in sales structure of the energy storage business, with domestic energy storage revenue increasing, has led to lower overall gross margins due to intense competition [2] - A decrease in foreign exchange gains has resulted in increased financial expenses and a decline in government subsidies [2] - The Suzhou factory is still ramping up production capacity, leading to increased management costs and fixed asset depreciation [2] Future Strategies - The company is focusing on expanding its overseas energy storage market, primarily in Europe and the United States, with an emphasis on commercial and industrial energy storage [2] - Plans to establish production bases overseas will depend on market expansion progress and local conditions [3] - The domestic energy storage market is expected to face continued price pressure in the short term, but with policy support and technological advancements, a healthier development path is anticipated [3] Market Outlook - The demand for charging piles in the domestic market is expected to remain strong due to the rapid development of new energy vehicles [2] - The supply of charging infrastructure is improving, but the car-to-pile ratio remains high, indicating a continued need for more public charging stations [3]

深圳市盛弘电气股份有限公司 独立董事专门会议议事规则 第一章 总则 第一条 依照《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》"）、《上市公司独立董事管理办法》等法律、 行政法规、规范性文件及《深圳市盛弘电气股份有限公司章程》（以下简称"公 司章程"）以及《深圳市盛弘电气股份有限公司独立董事工作制度》的有关规定， 为规范深圳市盛弘电气股份有限公司（以下简称"公司"）独立董事专门会议的 运作，更好地维护中小股东及相关利益者的利益，特制订《深圳市盛弘电气股份 有限公司独立董事专门会议议事规则》（以下简称"本议事规则"）。 （二）向董事会提议召开临时股东会； （三）提议召开董事会会议。 第六条 独立董事专门会议可以根据需要研究讨论公司其他事项。 第三章 独立董事专门会议构成及运行 第二章 独立董事专门会议审议事项 第四条 下列事项应当经公司独立董事专门会议讨论并经全体独立董事过半数同 意后，提交董事会审议： 第五条 独立董事行使下列特别职权前，应当经公司独立董事专门会议讨论并经 全体独立董事过半数同意： （一）独立聘请中介机构，对公司具体事项进行审计、咨询或者核 ...