证券代码：837821 证券简称：则成电子 公告编号：2025-039 深圳市则成电子股份有限公司 2024 年年度权益分派实施公告 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。 本次权益分派基准日合并报表归属于母公司的未分配利润为 224,155,970.30 元，母公司未分配利润为 328,861,751.13 元，母公司资本公积为 161,027,913.77 元（其中股票发行溢价形成的资本公积为 153,931,320.82 元，其他资本公积为 7,096,592.95 元）。本次权益分派共计转增 39,531,971 股，派发现金红利 9,882,992.80 元。 一、权益分派方案 1、本公司 2024 年年度权益分派方案为： 以公司现有总股本 98,829,928 股为基数，向全体股东每 10 股转增 4 股（其 中以股票发行溢价形成的资本公积金每 10 股转增 4 股，不需要纳税；以其他资 本公积每 10 股转增 0 股，需要纳税），每 10 股派 1.00 元人民币现金。分红前本 公 ...

北京市君泽君（深圳）律师事务所 关于深圳市则成电子股份有限公司 2024 年年度股东会的 法律意见书 若冷君症师事务所 unZeJun Law Offices 中国广东省深圳市福田区金田路 4028 号荣超经贸中心 28 层、29 层，邮编：518035 28&29 Floor, Landmark, No.4028 Jintian Road, Futian District, Shenzhen 518035, P.R.C. 2024 年年度股东会的 法律意见书 致:深圳市则成电子股份有限公司 根据深圳市则成电子股份有限公司（以下简称"公司"）的委托, 北京市君泽君（深圳）律师事务所（以下简称"本所"）就公司 2024 年年度股东会（以下简称"本次股东会"）所涉及的召集程序、召开程 序、出席会议人员资格、召集人资格、表决程序、表决结果及会议决 议发表法律意见。 本法律意见书系根据《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》（以下简称"《证券法》"）、 中国证券监督管理委员会颁布的《上市公司股东会规则》（以下简称 "《股东会规则》")等有关法律、行政法规、规章及规范性文件以及 《 ...

证券代码：837821 证券简称：则成电子 公告编号：2025-037 深圳市则成电子股份有限公司 2024 年年度股东会决议公告 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：2025 年 5 月 19 日 2.会议召开地点：深圳市龙岗区丹竹头康正路莲塘工业区深圳市则成电子股 份有限公司三楼会议室 3.会议召开方式：现场投票和网络投票相结合的方式 4.会议召集人：董事会 5.会议主持人：董事长薛兴韩 6.召开情况合法合规的说明： 本次股东会的召集、召开、议案审议程序等符合《公司法》、《公司章程》及 相关法律法规的有关规定。本次会议召开不需要相关部门批准。 （二）会议出席情况 出席和授权出席本次股东会的股东共 5 人，持有表决权的股份总数 73,256,838 股，占公司有表决权股份总数的 74.1241%。 其中通过网络投票参与本次股东会的股东共 0 人，持有表决权的股份总数 0 股，占公司有表决权股份总数的 0.0000%。 （三）公司 ...

证券代码：837821 证券简称：则成电子 公告编号：2025-036 深圳市则成电子股份有限公司 投资者关系活动记录表 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、投资者关系活动类别 □特定对象调研 □现场参观 □新闻发布会 □分析师会议 □路演活动 □其他 二、投资者关系活动情况 活动时间：2025 年 5 月 15 日（星期四）15：00-17：00 活动地点：全景网"投资者关系互动平台"（http://ir.p5w.net） 参会单位及人员：通过网络方式参加公司 2024 年年度报告业绩说明会的投 资者 上市公司接待人员：公司董事长：薛兴韩先生；公司总经理、董事：蔡巢先 生；公司财务总监、董事会秘书：魏斌先生；兴业证券保荐代表人：袁联海先生。 2024 年经营业绩情况进行介绍，同时公司在业绩说明会上就投资者关心的问题 进行了回答，主要问题及回复情况如下： 问题 1：请问公司 2024 年度及 2025 年一季度经营情况如何？ 回复：尊敬的投资者，您好！2024 年公司实现营业收入 391 ...

证券代码：837821 证券简称：则成电子 公告编号：2025-036 深圳市则成电子股份有限公司 投资者关系活动记录表 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、投资者关系活动类别 □特定对象调研 □现场参观 上市公司接待人员：公司董事长：薛兴韩先生；公司总经理、董事：蔡巢先 生；公司财务总监、董事会秘书：魏斌先生；兴业证券保荐代表人：袁联海先生。 三、投资者关系活动主要内容 本次业绩说明会通过播放年报讲解视频、图片展示等形式对公司发展情况及 √业绩说明会 □媒体采访 □新闻发布会 □分析师会议 □路演活动 □其他 二、投资者关系活动情况 活动时间：2025 年 5 月 15 日（星期四）15：00-17：00 活动地点：全景网"投资者关系互动平台"（http://ir.p5w.net） 参会单位及人员：通过网络方式参加公司 2024 年年度报告业绩说明会的投 资者 2024 年经营业绩情况进行介绍，同时公司在业绩说明会上就投资者关心的问题 进行了回答，主要问题及回复情况如下： 问题 1：请 ...

证券代码：837821 证券简称：则成电子 公告编号：2025-035 深圳市则成电子股份有限公司 2024 年年度报告业绩说明会预告公告 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、说明会类型 深圳市则成电子股份有限公司（以下简称"公司"）于 2025 年 4 月 23 日在 北京证券交易所官方信息披露平台（www.bse.cn）上披露了《2024 年年度报告》 （公告编号：2025-026）以及《2024 年年度报告摘要》（公告编号：2025-027）， 为方便广大投资者更深入了解公司 2024 年年度经营业绩的具体情况，加强与投 资者的互动交流，公司拟召开 2024 年年度报告业绩说明会。 二、说明会召开的时间、地点 本次业绩说明会将采用网络远程的方式举行，投资者可登陆全景网"投资者 关系互动平台"（http://ir.p5w.net）参与公司 2024 年年度报告业绩说明会。 三、参加人员 公司董事长：薛兴韩先生； 公司总经理、董事：蔡巢先生； 公司财务总监、董事会秘书：魏斌先生； 兴业 ...

证券代码：837821 证券简称：则成电子 公告编号：2025-034 深圳市则成电子股份有限公司 投资者关系活动记录表 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、投资者关系活动类别 □特定对象调研 □现场参观 □新闻发布会 二、投资者关系活动情况 活动时间：2025 年 5 月 8 日 活动地点：上海金茂君悦大酒店 参会单位及人员：西部证券、江海证券、中山证券、国泰海通、贝寅基金、 胤胜资产、健顺投资、铁林资本、富安达资管、秉辉基金、万柏基金、泰信基金、 诚旸投资、盈科汇金、沃珑港资管 上市公司接待人员：公司证券事务代表刘旭南先生 三、投资者关系活动主要内容 本次投资者关系活动的主要问题及公司对问题的回复概要如下： □业绩说明会 □媒体采访 □分析师会议 □路演活动 √其他 （券商策略会） 问题 1：公司在 AI 眼镜业务方面最新前景如何？ 回复：公司 2024 年通过全资子公司广东则成科技有限公司加大对多层软板 及 HDI 类产品进行研发攻关，针对 AI 眼镜相关的 FPC（软板）产品已于 ...

证券代码：837821 证券简称：则成电子 公告编号：2025-033 深圳市则成电子股份有限公司 投资者关系活动记录表 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、 投资者关系活动类别 √特定对象调研 □业绩说明会 □媒体采访 □现场参观 □新闻发布会 √分析师会议 □路演活动 □其他 二、 投资者关系活动情况 活动时间：2025 年 4 月 29 日 活动地点：线上交流会 参会单位及人员：申万宏源、开源证券、国联民生、银河证券、华源证券、 西部证券、方正证券 上市公司接待人员：公司证券事务代表刘旭南先生 三、 投资者关系活动主要内容 本次投资者关系活动的主要问题及公司对问题的回复概要如下： 问题 1：请介绍一下公司 2024 年度及 2025 年一季度的业绩情况。 回复：2024 年公司实现营业收入 391,719,678.83 元，同比增长 28.14%；归 属于上市公司股东的净利润 25,815,418.23 元，同比减少 2.75%；归属于上市公 司股东的扣除非经常性损益后的净利润 2 ...

Financial Performance - Operating revenue for the first quarter of 2025 reached CNY 95,195,671.47, representing a year-on-year increase of 26.68%[9] - Net profit attributable to shareholders for the same period was CNY 4,644,976.69, up 29.80% from the previous year[9] - Total operating revenue for Q1 2025 reached ¥95,195,671.47, a 26.7% increase from ¥75,145,008.99 in Q1 2024[37] - Operating profit for Q1 2025 was ¥4,570,752.50, up 25.5% from ¥3,640,948.56 in Q1 2024[37] - Net profit for Q1 2025 was ¥4,644,976.69, representing a 30.0% increase compared to ¥3,578,622.76 in Q1 2024[37] - The total profit for Q1 2025 was ¥4,862,294.77, an increase of 32.3% from ¥3,678,930.66 in Q1 2024[37] - The total comprehensive income for Q1 2025 was ¥4,644,976.69, an increase of 30.0% from ¥3,578,622.76 in Q1 2024[38] Cash Flow - The company's cash flow from operating activities showed a significant decline of 82.13%, totaling CNY 887,484.60[11] - Operating cash inflow for Q1 2025 was CNY 93,251,905.92, a 48.9% increase from CNY 62,659,213.21 in Q1 2024[42] - Net cash flow from operating activities for Q1 2025 was CNY 887,484.60, a significant decrease from CNY 4,966,735.81 in Q1 2024[42] - Cash inflow from investment activities in Q1 2025 was CNY 192,455,565.07, up 59.8% from CNY 120,663,749.99 in Q1 2024[42] - Cash flow from financing activities in Q1 2025 was CNY 10,822,857.39, reversing from a negative cash flow of -CNY 6,592,785.59 in Q1 2024[42] Assets and Liabilities - Total assets as of March 31, 2025, were CNY 810,670,342.05, a decrease of 0.13% compared to the end of 2024[9] - The company's total liabilities to assets ratio (consolidated) was 35.22%, a slight decrease from 35.87% at the end of 2024[9] - Current assets totaled ¥330,111,151.26, down from ¥335,306,580.07, with cash and cash equivalents decreasing from ¥113,467,945.81 to ¥92,253,845.80[32] - Total liabilities decreased to ¥285,485,848.27 from ¥291,150,403.08, with current liabilities at ¥220,109,717.17[33] - Shareholders' equity rose to ¥525,184,493.78 from ¥520,539,517.09, driven by retained earnings increasing from ¥224,155,970.30 to ¥228,800,946.99[33] Shareholder Information - The largest shareholder, Xue Xinghan, holds 39,974,185 shares, representing 40.45% of total shares[18] - The second-largest shareholder, Wang Daoqun, holds 14,003,080 shares, accounting for 14.17% of total shares[18] - The total shares held by the top ten shareholders amount to 74,521,522, which is 75.40% of the total shares[18] - There are no pledged or judicially frozen shares among the top shareholders[20] Investments and Commitments - The company has ongoing investments in construction projects, with capital work in progress rising from ¥23,170,870.76 to ¥30,665,433.25[32] - Long-term investments remained stable, with long-term equity investments at ¥22,201,144.78 compared to ¥22,200,643.79[32] - The company has no new commitments during the reporting period, and all existing commitments are being fulfilled normally[28] Operational Metrics - The company reported a significant increase in accounts receivable, rising from ¥79,303,963.96 to ¥69,396,745.08, indicating a potential growth in sales[32] - Inventory levels increased to ¥86,172,268.06 from ¥77,053,386.34, suggesting a buildup in stock[32] - Research and development expenses increased to ¥6,188,397.33 in Q1 2025, up from ¥5,710,943.74 in Q1 2024, reflecting a growth of 8.3%[37] - The company reported a total operating cost of ¥91,381,150.08 in Q1 2025, which is a 28.4% increase from ¥71,175,254.88 in Q1 2024[37] Legal and Compliance - The company is involved in litigation and arbitration matters, but the amounts involved are not significant enough to impact operations[23] - The company has no changes in its employee stock ownership plan during the reporting period[27]

Financial Performance - The company's operating revenue for 2024 reached ¥391,719,678.83, representing a 28.14% increase compared to ¥305,703,730.67 in 2023[25] - The net profit attributable to shareholders of the listed company decreased by 2.75% to ¥25,815,418.23 from ¥26,545,035.98 in the previous year[25] - The net profit after deducting non-recurring gains and losses increased by 6.74% to ¥22,569,320.84, compared to ¥21,144,495.42 in 2023[25] - The gross profit margin for 2024 was 26.67%, slightly down from 27.50% in 2023[25] - The weighted average return on net assets based on net profit attributable to shareholders was 5.03%, down from 5.33% in the previous year[25] - Basic earnings per share for 2024 were ¥0.2612, a decrease of 2.76% from ¥0.2686 in 2023[25] - Total assets increased by 11.05% to ¥811,689,920.17 compared to the end of 2023[27] - Total liabilities rose by 29.04% to ¥291,150,403.08 compared to the end of 2023[27] - The company reported a net cash flow from operating activities of ¥40,088,727.35, a decrease of 31.31% from the previous year[27] - The company achieved operating revenue of ¥391,719,678.83, representing a year-on-year growth of 28.14%[45] - Net profit attributable to shareholders decreased by 2.75% to ¥25,815,418.23, while the net profit excluding non-recurring gains and losses increased by 6.74% to ¥22,569,320.84[45] - Total assets increased by 11.05% to ¥811,689,920.17, and shareholders' equity rose by 3.01% to ¥520,539,517.09[45] - The company reported a significant increase in other business income, which rose by 187.99% to ¥317,051.95[63] - The company’s investment income decreased by 60.23% to ¥1,335,126.08, primarily due to losses from an associated enterprise[60] - The company’s total liabilities decreased significantly, leading to a financial expense reduction of 629.30%[60] Market and Industry Trends - The global PCB industry is projected to grow at a compound annual growth rate (CAGR) of approximately 5.2% from 2024 to 2029[52] - The overall revenue of the optical module market slightly decreased from $11 billion in 2022 to $10.9 billion in 2023, but is expected to reach $22.4 billion by 2029 due to high demand for 400G and above high data rate modules from cloud service operators and national telecom operators[53] - The PCB industry is benefiting from the diversification of downstream applications, with significant growth driven by the rise of smartphones, laptops, and advancements in communication technology[54] - The company anticipates continued growth in the PCB industry supported by favorable national policies and the ongoing development of the AI industry[55] - The demand for customized products is increasing due to the diversification of downstream application scenarios, particularly in high-performance computing and smart terminals[110] - The flexible printed circuit (FPC) module industry is experiencing rapid growth, driven by the demand for lightweight and portable electronic products, especially in the automotive and medical sectors[111] - The demand for high-end PCB products such as HDI and packaging substrates is significantly increasing, driven by the rapid development of emerging applications like 5G, AI, and smart vehicles[113] Research and Development - The company is focused on the research, production, and sales of customized module products based on flexible applications[19] - The company is actively pursuing new product development and technological advancements to drive future growth[11] - The company is focusing on R&D of new materials and products, adopting a JDM model for deeper collaboration[39] - Research and development expenses increased by 31.39% to ¥23,006,974.15, reflecting higher investments in key projects[60] - The total number of R&D personnel rose from 101 to 108, with R&D personnel now accounting for 13.45% of the total workforce[92] - Key R&D projects include open wireless earphone noise reduction and self-service blood glucose detection modules, both in small batch supply stages, aimed at enhancing sales performance[94][96] - The company is developing a 800G-1.6T optical module, currently in the verification phase, to strengthen its market competitiveness[95] - The company holds a total of 114 patents, including 21 invention patents, with 5 new invention patents added during the reporting period[46] Operational Strategies - The company plans to continue expanding its market presence and enhancing its product offerings in the upcoming year[11] - The company has implemented a "sales-driven production" model to meet diverse customer demands for customized products[42] - The company has established a comprehensive process for handling customer orders, ensuring timely production and delivery[42] - The company is actively investing in digitalization and automation to improve production efficiency and meet higher customer delivery standards[48] - The company plans to enhance its manufacturing capabilities in automotive electronics and medical electronics through its new facility in Huizhou[40] - The company is focusing on optimizing procurement and supply chain management for flexible circuit boards through its investment in Fujian Shizhuo Electronics Technology Co., Ltd.[86] - The company is expanding its production capacity with the full operation of its subsidiaries in Guangdong and Huizhou, which will support its differentiated development strategy[116] Risk Management - The company faces risks related to the loss of core technical personnel, which could weaken R&D capabilities and core competitiveness[123] - The company has a high reliance on overseas sales, with a significant portion settled in USD, exposing it to exchange rate fluctuations[122] - The company is exposed to risks from international trade policies and tariffs, which could affect sales in overseas markets[124] - The company maintains a stable supply of raw materials, but price fluctuations due to macroeconomic factors could adversely affect performance[122] - The company has implemented measures to optimize raw material procurement strategies and enhance supply chain management to mitigate risks from price volatility[122] Corporate Governance and Shareholder Information - The company has a clear cash dividend policy that complies with the company's articles of association and shareholder resolutions[165] - The total number of ordinary shares increased from 70,592,806 to 98,829,928 after a stock dividend of 4 shares for every 10 shares held and a cash distribution of ¥1.5 per 10 shares[149] - The largest shareholder, Xue Xinghan, holds 39,974,185 shares, representing 40.4474% of the total shares, while controlling a total of 51.4513% through associated entities[154] - The company raised ¥155,099,267.59 through public offerings, with ¥70,571,892.63 utilized during the reporting period[159] - The company has complied with all regulations regarding the management and use of raised funds, with no violations reported[161] - The company has no instances of shareholder or related party occupation or transfer of company funds, assets, or other resources during the reporting period[134] Employee and Management Information - The total number of employees increased from 751 to 916, representing a growth of approximately 22%[178] - Management personnel increased from 34 to 42, a rise of 23.5%[178] - Production personnel saw a significant increase from 498 to 638, marking a growth of 28.2%[178] - The company has implemented a comprehensive training program to enhance employee skills and efficiency[179] - The company maintains a stable employee base with no significant changes reported during the period[179] - The company has a performance evaluation system in place to boost employee motivation and retention[179]