关于中航富士达科技股份有限公司 向特定对象发行股票申请的 第三轮审核问询函中有关财务问题的专项说明回复 大信备字[2024]第 28-00010 号 大信会计师事务所（特殊普通合伙） WUYIGE CERTIFIED PUBLIC ACCOUNTANTS LLP. 大信会计师事务所 北京市海淀区知春路 1 号 学院国际大厦 22 层 2206 邮编 100083 WUYIGE Certified Public Accountants.LLP Room 2206 22/F,Xueyuan International Tower No.1 Zhichun Road,Haidian Dist. Beijing,China,100083 电话 Telephone：+86（10）82330558 传真 Fax： +86（10）82327668 网址 Internet： www.daxincpa.com.cn 向特定对象发行股票申请的 第三轮审核问询函中有关财务问题的专项说明回复 大信备字[2024]第 28-00010 号 北京证券交易所： 贵所于 2024 年 3 月 28 日出具的《关于中航富士达科技股份有限公司向 ...

中航证券有限公司 关于中航富士达科技股份有限公司 2023 年度向特定对象发行股票 之 上市保荐书 保荐机构(主承销商) （江西省南昌市红谷滩新区红谷中大道 1619 号南昌国际金融大 厦 A 栋 41 层) 二〇二四年九月 目 录 | 一、发行人基本情况 3 | | --- | | 二、本次发行情况 17 | | 三、保荐机构指定保荐代表人、项目协办人及其它项目组成员情况 21 | | 四、保荐机构是否存在可能影响公正履行保荐职责情形的说明 23 | | 五、保荐机构按照有关规定应当承诺的事项 24 | | 六、保荐机构对公司向特定对象发行股票合规性的说明 25 | | 七、对公司持续督导期间的工作安排 26 | | 八、保荐机构和相关保荐代表人的联系地址、电话和其他通讯方式 27 | | 九、保荐机构对本次向特定对象发行股票上市的推荐结论 27 | 3-4-2 中航富士达科技股份有限公司 上市保荐书 中航富士达科技股份有限公司 上市保荐书 声 明 中航证券有限公司（以下简称"中航证券"或"保荐机构"）及本项目保荐 代表人已根据《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 ...

证券代码：835640 公司简称：富士达 中航富士达科技股份有限公司 与 中航证券有限公司 关于中航富士达科技股份有限公司 向特定对象发行股票申请文件审核问询函 回复 保荐机构（主承销商） （江西省南昌市红谷滩新区红谷中大道 1619 号南昌国 际金融大厦 A 栋 41 层） 二〇二四年九月 北京证券交易所： 贵所于 2023 年 12 月 7 日出具的《关于中航富士达科技股份有限公司向特定 对象发行股票申请文件的审核问询函》（以下简称"问询函"）已收悉，中航富 士达科技股份有限公司（以下简称"富士达"、"公司"、"发行人"或"申请 人"）已会同中航证券有限公司（以下简称"保荐机构"）、上海市锦天城律师 事务所（以下简称"发行人律师"）和大信会计师事务所（特殊普通合伙）（以 下简称"申报会计师"）对审核问询函所涉及的问题认真进行了逐项核查和落实， 现回复如下，请予审核。 除非文义另有所指，本回复中的简称或名词释义与《募集说明书（修订稿）》 中的简称或名词释义一致。本回复部分表格中单项数据加总数与表格合计数可能 存在微小差异，均因计算过程中的四舍五入所形成。 | 黑体 | 问询函所列问题 | | --- | - ...

Investment Rating - The investment rating for the company is "Accumulate" (maintained) [1] Core Views - The company reported a revenue of 379 million yuan for the first half of 2024, a year-on-year decrease of 19.2%, and a net profit attributable to shareholders of 34 million yuan, down 62.7% year-on-year. The gross margin significantly declined by 8.1 percentage points to 34.1% [2] - Revenue and gross margin decreased due to a decline in military defense-related income, impacted by insufficient orders and price reductions in defense products. Specifically, revenue from RF coaxial connectors was 154 million yuan, down 27.5% year-on-year, and revenue from RF coaxial cable components was 219 million yuan, down 12.0% year-on-year [2] - The rapid development of satellite internet and the demand for 5G-A and 6G technologies are expected to create new opportunities. In 2024, approximately 100 launch missions are anticipated, significantly up from 67 in 2023, marking a pivotal year for commercial space industry development [2] - The company is facing a temporary decrease in demand in the defense sector, which, along with increased R&D expenses, has negatively impacted performance. Operating profit decreased by 59.35% year-on-year, primarily due to reduced demand and price cuts in military products [2] - The company has resumed the review process for its private placement, with the total fundraising amount adjusted from 350 million yuan to 300 million yuan. This progress is seen as beneficial for seizing industry opportunities and overcoming current challenges [3] - The earnings forecast has been revised downwards, with expected revenues for 2024-2026 set at 860 million, 968 million, and 1.162 billion yuan respectively, and net profits at 105 million, 143 million, and 165 million yuan respectively. The P/E ratios for 2024-2026 are projected to be 18.98, 13.93, and 12.08 times [3]

Investment Rating - The investment rating for the company is "Buy" (maintained) [2] Core Views - The company reported a revenue of 379 million yuan in H1 2024, a decrease of 19% year-on-year, and a net profit of 33.64 million yuan, down 63% year-on-year, primarily due to a decline in defense orders and price reductions in products [1] - The company has adjusted its market strategy, leading to significant growth in orders for 5G-related products, with a focus on expanding into 5G-A and 6G technologies [1] - The forecast for net profit for 2024-2026 has been revised downwards, with expected figures of 105 million, 128 million, and 160 million yuan respectively, corresponding to EPS of 0.56, 0.68, and 0.85 yuan per share [1] Financial Summary - H1 2024 revenue was 379 million yuan, with Q2 revenue at 187 million yuan, showing a 2.6% decrease quarter-on-quarter [1] - The company’s total market capitalization is 1.99 billion yuan, with a circulating market capitalization of 1.875 billion yuan [2] - The company’s projected revenue for 2024 is 802 million yuan, with a year-on-year decrease of 1.6%, followed by growth in 2025 and 2026 [3]

证券代码：835640 证券简称：富士达 公告编号：2024-085 中航富士达科技股份有限公司 第八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公告内容的真实、准确和完整，没有虚假记 载、误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个 别及连带法律责任。 一、会议召开和出席情况 （一）会议召开情况 1.会议召开时间：2024 年 8 月 26 日 3.会议召开方式：现场与视频会议相结合方式 4.发出董事会会议通知的时间和方式：2024 年 8 月 16 日以电子邮件方式发 出 5.会议主持人：董事长武向文 6.会议列席人员：公司监事、高级管理人员 7.召开情况合法、合规、合章程性说明： 本次会议的召集、召开、议案审议程序等方面符合《公司法》和《公司章 程》的规定。 2.会议召开地点：中航富士达科技股份有限公司四楼会议室 （二）会议出席情况 会议应出席董事 9 人，出席和授权出席董事 9 人。 二、议案审议情况 （一）审议通过《关于 2024 年半年度报告全文及摘要的议案》 1.议案内容： 详见公司同日在北京证券交易所指定信息披露平台（http://www.bse.cn/） 披露的 ...

证券代码：835640 证券简称：富士达 公告编号：2024-090 中航富士达科技股份有限公司 关于节余募集资金补流并注销募集资金专项账户的公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记 载、误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个 别及连带法律责任。 一、募集资金基本情况 经中国证券监督管理委员会《关于核准中航富士达科技股份有限公司向不 特定合格投资者公开发行股票的批复》（证监许可〔2020〕1301 号）核准同 意，公司首次公开发行人民币普通股 1,500 万股，每股面值人民币 1 元，每股 发行价格人民币 15.96元，募集资金为人民币 239,400,000.00 元，扣除与发行有 关的费用后实际募集资金净额人民币 206,442,994.58 元。 公司于 2023 年 8 月 21 日召开公司第七届董事会第十九次会议和第七届监 事会第十四次会议，审议通过了《关于募投项目结项的议案》。因本次募集资 金投资项目中航富士达产业基地项目（二期）截止目前已达到预定可使用状 态，同意公司将该募投项目予以结项。 为方便账户管理，公司拟将剩余募集资金 756.43 ...

中航富士达科技股份有限公司 2024 年半年度募集资金存放与实际使用情况的专项报告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记 载、误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个 别及连带法律责任。 一、募集资金基本情况 证券代码：835640 证券简称：富士达 公告编号：2024-089 （一）实际募集资金金额、资金到账情况 根据公司 2020 年 5 月 27 日召开的 2020 年第一次临时股东大会，并经中 国证券监督管理委员会《关于核准中航富士达科技股份有限公司向不特定合格 投资者公开发行股票的批复》（证监许可[2020]1301 号）核准，同意公司向不 特定合格投资者公开发行不超过 1,500 万股新股。公司公开发行人民币普通股 1,500 万股，面值为每股人民币 1 元，发行价格为每股人民币 15.96 元，募集资 金为人民币 239,400,000.00 元，扣除与发行有关的费用后实际募集资金净额人 民币 206,442,994.58 元。 信永中和会计师事务所（特殊普通合伙）已于 2020 年 7 月 16 日对公司公 开发行股票的募集资金到位情况进行了 ...

Financial Performance - The company's operating revenue for the first half of 2024 was approximately ¥378.59 million, a decrease of 19.17% compared to ¥468.37 million in the same period last year[17]. - The net profit attributable to shareholders of the listed company was approximately ¥33.64 million, down 62.70% from ¥90.21 million year-on-year[17]. - The gross profit margin decreased to 34.09% from 42.18% in the previous year[17]. - Operating revenue decreased by 19.17% this period, while it increased by 18.65% in the same period last year[21]. - Net profit decreased by 57.38%, contrasting with a 17.92% increase in the previous year[21]. - The company's total assets at the end of the reporting period were 1.37 billion yuan, a decrease of 8.43 million yuan or 0.61% from the beginning of the period[28]. - The company's total liabilities at the end of the reporting period were 488.82 million yuan, an increase of 3.66 million yuan or 0.75% from the beginning of the period[28]. - The company's total comprehensive income for the first half of 2024 is CNY 34,130,630.30, a decrease from CNY 91,959,835.23 in the first half of 2023, representing a decline of approximately 63.0%[84]. Research and Development - The company obtained 6 invention patents in the first half of 2024, enhancing its innovation capabilities[2]. - Research and development investment during the reporting period was 42.93 million yuan, with significant progress in multiple key projects including multi-functional connectors and low-cost interconnects[29]. - The company is enhancing its R&D efforts in 5G-A and 6G technologies to strengthen its competitive advantage in the communication sector[32]. - Research and development expenses increased to CNY 42,927,052.37 in the first half of 2024, up from CNY 31,407,923.71, indicating a focus on innovation[81]. Market and Industry Trends - The global connector market size increased from $48.9 billion in 2011 to $81.9 billion in 2023, with a compound annual growth rate (CAGR) of 4.39%[30]. - China's connector market size reached approximately $25 billion in 2023, accounting for about 30.51% of the global market share[30]. - The 5G connector market in China is projected to grow from $6.267 billion in 2019 to $9.5 billion by 2025, driven by the acceleration of 5G infrastructure development[32]. - The number of satellite launches in China is projected to increase to around 100 in 2024, up from 67 in 2023, driven by both national strategic needs and the booming commercial space market[31]. Financial Position - The total assets at the end of the reporting period were approximately ¥1.37 billion, a slight decrease of 0.61% from ¥1.38 billion at the end of the previous year[18]. - The total liabilities increased by 0.75% to approximately ¥488.82 million from ¥485.16 million year-on-year[18]. - Cash and cash equivalents decreased by 29.07% to 164.83 million, accounting for 12.05% of total assets[34]. - Accounts receivable increased by 27.13% to 558.16 million, representing 40.82% of total assets[34]. - Inventory rose by 5.83% to 130.44 million, making up 9.54% of total assets[34]. Customer and Sales Concentration - The company's sales to its top five customers accounted for 76.15% of total revenue, indicating a high customer concentration risk[51]. - The company is actively expanding its product range and accelerating the promotion of new products to reduce the risk associated with high customer concentration[52]. Legal and Compliance - Fujita faced a legal ruling in the U.S. requiring compensation of $76.8779 million, but a Chinese court has deemed the underlying agreement invalid, reducing the risk of enforcement in China[53]. - The company has ongoing legal risk management measures in place to address potential future enforcement of the U.S. ruling if assets are acquired in the U.S.[53]. - The company has not undergone any changes in controlling shareholders or actual controllers during the reporting period[62]. Shareholder Information - The largest shareholder, AVIC Optoelectronics Technology Co., Ltd., holds 87,551,776 shares, representing 46.64% of the total shares[60]. - The total number of ordinary shares is 187,728,000, with 94.24% being unrestricted shares[59]. - The company distributed a total of CNY 62,933,400.00 to shareholders during the current period[93]. Employee and Management - The company employed a total of 1,299 employees at the end of the reporting period, with a net decrease of 2 employees[71]. - The number of technical staff increased from 286 to 289, while production staff rose from 731 to 737[71]. - The company appointed new independent director Liu Zicheng and board member Zhao Zhenzhen during the reporting period[69]. Cash Flow and Financing - The company's cash flow from operating activities was a net inflow of 14.70 million yuan, an increase of 30.87 million yuan or 190.85% year-on-year[28]. - Cash inflow from operating activities for the parent company was CNY 280,817,857.88, down from CNY 327,297,396.70, a decline of 14.14%[87]. - Cash outflow for purchasing goods and services decreased to CNY 129,055,809.35 from CNY 215,333,326.12, a reduction of 40.14%[85]. Accounting Policies - The company uses the accrual basis of accounting, with historical cost as the measurement basis for its financial statements[113]. - The company recognizes revenue when control of the goods or services is transferred to the customer, in accordance with the performance obligations outlined in contracts[115]. - The company assesses impairment of fixed assets and investment properties according to relevant accounting standards[177].

中航证券有限公司（以下简称"保荐机构"）作为中航富士达科技股份有限 公司（以下简称"富士达"、"公司"）向不特定合格投资者公开发行股票的保荐 机构，根据《北京证券交易所股票上市规则（试行）》、《证券发行上市保荐业务 管理办法》等相关法律法规以及北京证券交易所的规定，对富士达节余募集资金 补充流动资金并注销募集资金专项账户事项进行核查，具体情况如下： 中航证券有限公司 关于中航富士达科技股份有限公司 节余募集资金补充流动资金并注销募集资金专项账户 的核查意见 光大银行股份有限公司西安分行签订了《募集资金三方监管协议》，募集资金已 存储于募集资金专户，并对募集资金的使用实施严格审批，以保证专款专用。 一、募集资金基本情况 | 序号 | 开户银行名称 | 银行账号 | 账户状态 | | --- | --- | --- | --- | | 1 | 中国光大银行股份有限公司西安枫林 | 79300188000068269 | 本次注销 | | | 绿洲支行 | | | | 2 | 上海浦东发展银行股份有限公司西安 | 72010078801300003205 | 本次注销 | | | 分行 | | | | 3 | 招商 ...