证券代码：301171 证券简称：易点天下 公告编号：2024-083 易点天下网络科技股份有限公司 （1）现场会议时间：2024年11月12日（星期二）14:30； （2）网络投票时间：通过深圳证券交易所交易系统进行网络投票的具体时 间为：2024年11月12日9:15—9:25，9:30—11:30和13:00—15:00；通过深圳证券交 易所互联网系统投票的具体时间为：2024年11月12日9:15—15:00期间任意时间。 2. 现场会议召开地点：西安市高新区天谷八路156号软件新城研发基地二期 C3栋楼13层星辰会议室。 2024 年第四次临时股东大会决议公告 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。 特别提示： 1. 本次股东大会未出现否决议案的情形； 2. 本次股东大会不涉及变更以往股东大会已通过的决议。 一、会议召开和出席情况 （一）会议召开情况 1. 会议召开时间： 3. 会议的召开方式：现场表决与网络投票相结合的方式。 4. 会议召集人：易点天下网络科技股份有限公司（以下简称"公司"）董事 会。 5. 会议主持人：董事长邹小武先生。 ...

关于 易点天下网络科技股份有限公司 法律意见书 浙江天册律师事务所 2024 年第四次临时股东大会的 法律意见书 浙江省杭州市杭大路 1 号黄龙世纪广场 A 座 11 楼 310007 电话：0571-87901111 传真：0571-87901500 法律意见书 浙江天册律师事务所 关于 易点天下网络科技股份有限公司 2024 年第四次临时股东大会的 （一）经本所律师核查，公司本次股东大会由董事会提议并召集，召开本次股 东大会的通知已于 2024 年 10 月 28 日在指定媒体及深圳证券交易所网站上公告。 法律意见书 编号：TCYJS2024H1747 号 致：易点天下网络科技股份有限公司 浙江天册律师事务所（以下简称"本所"）接受易点天下网络科技股份有限公 司（以下简称"易点天下"或"公司"）的委托，指派本所律师参加公司 2024 年 第四次临时股东大会，并根据《中华人民共和国证券法》（以下简称"《证券法》"）、 《中华人民共和国公司法》（以下简称"《公司法》"）和《上市公司股东大会规 则（2022 年修订）》（以下简称"《股东大会规则》"）等法律、法规和其他有关 规范性文件的要求出具本法律意见书。 在 ...

Group 1: Market Trends and Dynamics - The global traffic landscape is changing, with a shift towards mid-tail media, which has seen rapid growth in recent years [1] - The e-commerce market is a trillion-dollar market, significantly larger than other sectors, indicating vast potential for growth [2] - The rise of AI technologies is revolutionizing marketing, providing opportunities for innovation and market expansion [2] Group 2: Company Strategies and Performance - The company has focused on programmatic advertising, leveraging accumulated data to enhance client outcomes and drive GMV [2] - The integration of first-party, second-party, and third-party data is a continuous process that strengthens the company's competitive advantage [3] - The company aims to enhance its gross margin, which currently stands around 40%, by improving its business model and operational efficiency [4] Group 3: Competitive Landscape - Applovin's acquisition of companies like Adjust has strengthened its market position, particularly in mobile app data analysis [6] - The advertising industry is seeing a divergence in performance, with independent third-party companies like Applovin experiencing significant growth compared to larger players [6] - The company recognizes the need to enhance its advertising technology and marketing services to compete effectively in the evolving landscape [5]

Investment Rating - Buy rating maintained for the company [1] Core Views - The company demonstrates steady performance growth and continues to strengthen its overseas marketing efforts [1] - The company's operations are stable, with effective cost control [2] - AI continues to enhance the efficiency of overseas marketing [2] - The company has formed an "AI+BI+CI" full-chain digital solution for overseas marketing, leading the new wave of brand globalization [2][3] Financial Performance - 2024Q3 revenue reached 6.68 billion yuan, a year-on-year increase of 2.81% [1] - Net profit attributable to the parent company in 2024Q3 was 0.63 billion yuan, a year-on-year increase of 2.81% [1] - Non-GAAP net profit attributable to the parent company in 2024Q3 was 0.59 billion yuan, a year-on-year increase of 13.23% [1] - Net profit margin in 2024Q3 was 9.36%, a year-on-year decrease of 2.59 percentage points [1] - The expense ratio for the period was 6.52%, with management expense ratio decreasing by 0.33 percentage points year-on-year [1] - 2024Q1-Q3 revenue was 17.54 billion yuan, a year-on-year increase of 7.85% [2] - Net profit attributable to the parent company for 2024Q1-Q3 was 1.95 billion yuan, a year-on-year increase of 10.75% [2] - Non-GAAP net profit attributable to the parent company for 2024Q1-Q3 was 1.85 billion yuan, a year-on-year increase of 16.31% [2] Strategic Developments - The company has launched the "AIGC Leading the New Wave of Brand Globalization" strategy, forming an "AI+BI+CI" full-chain digital solution for overseas marketing [2][3] - The company has developed platforms such as KreadoAI, BI, and Gears, providing one-stop solutions for overseas enterprises from marketing material creation to data analysis and cloud infrastructure management [2] - As of 2024Q3, the company has served over 5,000 enterprises, including Transsion, WeTV, Cotti Coffee, and Shein, achieving global business growth [2] - In July 2024, the company partnered with Tencent Cloud to accelerate the digitalization of enterprises in the cloud computing, media, and entertainment sectors [2] - In September 2024, the digital advertising platform Yeahmobi joined the Amazon Advertising Partner Network, achieving full coverage of Amazon advertising resources [2] Market Performance - The company's stock price has shown strong performance relative to the CSI 300 index, with a 1-month increase of 11.3%, a 3-month increase of 46.5%, and a 12-month increase of 6.5% [2] - The current stock price is 19.02 yuan, with a 52-week price range of 12.37-24.87 yuan [2] - The total market capitalization is 8,975.27 million yuan, with a circulating market capitalization of 5,872.90 million yuan [2] - The average daily trading volume is 477.69 million yuan, with a recent one-month turnover rate of 13.50% [2] Financial Forecasts - Revenue for 2024-2026 is projected to be 25.21/29.06/33.12 billion yuan, with net profit attributable to the parent company expected to be 2.82/3.38/3.97 billion yuan [3][6] - The corresponding P/E ratios for 2024-2026 are 31.87/26.58/22.60X [3][6] - The company's ROE is expected to increase from 6% in 2023 to 9% in 2026 [6][8] - The gross margin is projected to remain stable at around 23% from 2024 to 2026 [8] - The net profit margin is expected to increase from 10% in 2023 to 12% in 2026 [8] Key Financial Metrics - The company's total asset turnover ratio is expected to increase from 0.44 in 2023 to 0.54 in 2026 [8] - The accounts receivable turnover ratio is projected to increase from 2.55 in 2023 to 3.16 in 2026 [8] - The debt-to-asset ratio is expected to rise from 27% in 2023 to 33% in 2026 [8] - The current ratio is projected to decrease from 3.66 in 2023 to 2.91 in 2026 [8] - The quick ratio is expected to decrease from 3.62 in 2023 to 2.87 in 2026 [8]

%% %% 丨证券研究报告丨 公司研究丨公司点评丨易点天下（301171.SZ） [Table_Title] 单三季度收入增长加速，AI 持续赋能业务 | --- | --- | |--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-------| | | | | [Table_Summary] 2024 三季报：公司 2024 年前三季度实现营收 17.54 亿，同比增长 10.75% ，实 | | | 1.95 亿，同比增长 7.85% ；其中 24Q3 实现营收 6.68 亿，同比增长 14.07% ， 实现归母净利润 6309 万，同比增长 2.81% 。剔除汇兑损益和股权激励影响， 2024 前三季度和 | | | 单三季度归母净利润分别增长 34.86% 和 26.56% 。公司拟向全体 ...

证券研究报告 | 季报点评 gszqdatemark 2024 10 28 年 月 日 易点天下（301171.SZ） KreadoAI 推出爆款视频生成功能，多个广告产品迭代升级 业绩概览：公司发布 2024 年三季报。2024Q1-Q3，公司实现营业收入 17.54 亿 元，同比增长 10.75%；实现归母净利润 1.95 亿元，同比增长 7.85%；实现扣非 归母净利润 1.85 亿元，同比增长 16.31%。2024Q3，公司实现营业收入 6.68 亿 元，YoY+14.07%，QoQ+10.42%；实现归母净利润 0.63 亿元，YoY+2.81%，QoQ22.87%；实现扣非归母净利润 0.59 亿元，YoY+13.23%，QoQ-24.37%。 AI 驱动的程序化广告平台 zMaticoo 迭代，全链路服务能力提升。公司旗下以 AI 驱动的程序化广告平台 zMaticoo 能无缝接入头部广告资源并大幅提升流量价值利 用率，品牌和效果类广告预算覆盖到电商、汽车、游戏、零售、美妆等多个行业。 zMaticoo SDK 采用智能化图像视频压缩算法，显著提升广告加载响应速度及展示 率，同时平台能获取广告 ...

Investment Rating - The investment rating for the company is "Outperform the Market" and is maintained [2] Core Views - The company has shown outstanding performance with total revenue of 1.75 billion yuan for the first three quarters of 2024, representing a year-on-year increase of 11%. The net profit attributable to shareholders is 200 million yuan, up 8% year-on-year, while the net profit excluding non-recurring items is 185 million yuan, reflecting a 16% increase year-on-year [4] - The company has developed a comprehensive digital marketing solution for overseas expansion, leveraging technology and data accumulation to enhance operational efficiency for outbound enterprises [5] - The company is expected to achieve total revenues of 2.44 billion yuan, 2.74 billion yuan, and 3.05 billion yuan for 2024, 2025, and 2026, respectively, with year-on-year growth rates of 13.8%, 12.5%, and 11.1% [6] Summary by Sections Financial Performance - In Q3 2024, the company reported total revenue of 670 million yuan, a 14% increase year-on-year, with a gross margin of 11.7%. The net profit attributable to shareholders for the quarter was 63.09 million yuan, up 3% year-on-year [4] - The company’s cash and trading financial assets totaled 2.9 billion yuan as of Q3 2024, indicating strong liquidity [5] Revenue and Profit Forecast - The forecast for total revenue from 2024 to 2026 is 2.44 billion yuan, 2.74 billion yuan, and 3.05 billion yuan, with corresponding net profits of 298 million yuan, 373 million yuan, and 438 million yuan [6][9] - The estimated fully diluted EPS for the same period is projected to be 0.63 yuan, 0.79 yuan, and 0.93 yuan [6][9] Valuation - The company is assigned a valuation range of 18.90 to 22.05 yuan per share based on a PE ratio of 30-35 times for 2024, compared to a peer average of 56 times [6][8]

10月27日，易点天下(301171)发布2024年第三季度业绩报告。 公司第三季度营业收入为6.7亿元，同比增长14.07%，剔除汇兑损益和股份支付的归母净利润为7672万 元，同比增长26.56%。 2024年1—9月，公司实现营业收入17.54亿元，同比增长10.75%；剔除汇兑损益和股份支付的净利润 2.15亿元，同比增长35.96%；剔除汇兑损益和股份支付的归母净利润2.17亿元；同比增长34.86%。 智能营销业务全链闭环服务能力再提升，服务客户范围领域扩容式增长根据近日全球营销衡量与体验管 理平台 AppsFlyer发布的数据显示，今年来，全球移动广告市场重拾增长势头，其中拉新广告支出同比 增长18%，排名前5位的媒体渠道中有80%实现了增长，前20位中有60%看到了积极信号。 在全球整体市场环境回暖的同时，易点天下通过在其从DSP营销管理平台到ADX广告交易平台，再到 SSP流量变现平台的营销全链路产品中持续融入AI技术，进行迭代升级，自身的盈利能力也得到了进一 步的提升。 其中，易点天下旗下以程序化广告为核心的数字化广告平台Yeahmobi正式成为亚马逊广告优质合作伙 伴，实现对亚马逊广告资 ...

证券代码：301171 证券简称：易点天下 公告编号：2024-079 易点天下网络科技股份有限公司 关于作废 2023 年限制性股票激励计划部分已授予 但尚未归属的限制性股票的公告 一、2023 年限制性股票激励计划实施情况概要 （一）2023 年限制性股票激励计划简介 公司于2023年9月13日分别召开了第四届董事会第十一次会议和第四届监事 会第十一次会议，于2023年10月9日召开了2023年第三次临时股东大会，审议通 过了《关于<公司2023年限制性股票激励计划（草案）>及其摘要的议案》《关于 <公司2023年限制性股票激励计划实施考核管理办法>的议案》等相关议案，公司 2023年限制性股票激励计划（以下简称"本激励计划"或"本次激励计划"）的 主要内容如下： 1、激励工具：第二类限制性股票。 2、股票来源：公司向激励对象定向发行的或公司从二级市场回购的公司 A 股普通股股票。 3、授予价格：8.66 元/股（调整后）。 4、激励对象：本激励计划授予的激励对象共 49 人，包括公司董事、高级管 理人员、中层管理人员及核心技术（业务）骨干。 5、归属期限及归属安排 本次激励计划授予的限制性股票各批次归属 ...

易点天下网络科技股份有限公司 2024 年第三季度报告 证券代码：301171 证券简称：易点天下 公告编号：2024-075 易点天下网络科技股份有限公司 2024 年第三季度报告 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。 重要内容提示： 1.董事会、监事会及董事、监事、高级管理人员保证季度报告的真实、准确、完整，不存在虚假记载、误导性陈述或重 大遗漏，并承担个别和连带的法律责任。 2.公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)声明：保证季度报告中财务信息的真实、准确、 完整。 3.第三季度报告是否经过审计 □是 否 1 易点天下网络科技股份有限公司 2024 年第三季度报告 一、主要财务数据 （一） 主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 | --- | --- | --- | --- | --- | |------------------------------------------------------|------------------|-------------------------|--- ...