致：中国船舶重工股份有限公司 北京市嘉源律师事务所 北京市嘉源律师事务所 关于中国船舶工业股份有限公司换股吸收合并 中国船舶重工股份有限公司暨关联交易 之补充法律意见书（二） 西城区复兴门内大街 158 号远洋大厦 4 楼 中国·北京 二〇二五年四月 北京 BEIJING·上海 SHANGHAI·深圳 SHENZHEN·香港 HONG KONG·广州 GUANGZHOU·西安 XI'AN 关于中国船舶工业股份有限公司换股吸收合并 北京市嘉源律师事务所接受中国船舶重工股份有限公司的委托，担任中国船 舶工业股份有限公司换股吸收合并中国船舶重工股份有限公司暨关联交易之中 国船舶重工股份有限公司的专项法律顾问，并获授权为中国船舶重工股份有限公 司本次换股吸收合并出具法律意见书。本所已于2025年1月24日就本次重组出具 了嘉源(2025)-02-009《北京市嘉源律师事务关于中国船舶工业股份有限公司换股 吸收合并中国船舶重工股份有限公司暨关联交易之法律意见书》、于2025年2月18 日出具嘉源(2025)-02-014《北京市嘉源律师事务所关于中国船舶工业股份有限公 司换股吸收合并中国船舶重工股份有限公司暨关联交易之 ...

关于中国船舶重工股份有限公司 非经营性资金占用及其他关联资金往来情况 专项报告 2024 年度 信会师报字[2025]第 ZG11762 号 关于中国船舶重工股份有限公司 非经营性资金占用及其他关联资金往来情况 的专项报告 信会师报字[2025]第 ZG11762 号 中国船舶重工股份有限公司全体股东： 我们审计了中国船舶重工股份有限公司(以下简称"中国重工")2024 年度的财务报表，包括 2024 年 12 月 31 日的合并及母公司资产负债表、2024 年度合并及母公司利润表、合并及母公司现金流量表、合并及母公司所有 者权益变动表和相关财务报表附注，并于 2025 年 4 月 28 日出具了报告号 为信会师报字(2025)第 ZG11271 号的无保留意见审计报告。 中国重工管理层根据中国证券监督管理委员会《上市公司监管指引第 8 号——上市公司资金往来、对外担保的监管要求》（证监会公告〔2022〕 26 号）和《上海证券交易所上市公司自律监管指南第 2 号——业务办理》 的相关规定编制了后附的 2024 年度非经营性资金占用及其他关联资金往 来情况汇总表（以下简称"汇总表"）。 编制汇总表并确保其真实 ...

中信建投证券股份有限公司 关于 中国船舶工业股份有限公司换股吸收合并 中国船舶重工股份有限公司暨关联交易 之 独立财务顾问报告 独立财务顾问 二〇二五年四月 中信建投证券股份有限公司 关于中国船舶工业股份有限公司换股吸收合并中国船舶重工股份有限公司暨关联交易之独立财务顾问报告 （一）本独立财务顾问与本次交易各方无任何关联关系。本独立财务顾问本着客观、 公正的原则对本次交易出具独立财务顾问报告。 （二）本独立财务顾问报告所依据的文件、材料由相关各方向本独立财务顾问提供。 相关各方对所提供的资料的真实性、准确性、完整性负责，相关各方保证不存在任何虚 假记载、误导性陈述或重大遗漏，并对所提供资料的合法性、真实性、完整性承担相应 的法律责任。本独立财务顾问出具的核查意见是在假设本次交易的各方当事人均按相关 协议的条款和承诺全面履行其所有义务的基础上提出的，若上述假设不成立，本独立财 务顾问不承担由此引起的任何风险责任。 （三）截至本独立财务顾问报告出具之日，本独立财务顾问就本次交易事宜进行了 尽职调查，本独立财务顾问报告仅对已核实的事项向中国重工全体股东提供独立核查意 见。 （四）本独立财务顾问对本次交易重组报告书出 ...

中国船舶重工股份有限公司 募集资金存放与使用情况鉴证报告 2024 年度 信会师报字[2025]第 ZG11763 号 关于中国船舶重工股份有限公司2024年度募集资金 存放与使用情况专项报告的鉴证报告 信会师报字[2025]第ZG11763号 中国船舶重工股份有限公司全体股东： 我们接受委托，对后附的中国船舶重工股份有限公司（以下简称"中 国重工"）2024年度募集资金存放与使用情况专项报告（以下简称"募集 资金专项报告"）执行了合理保证的鉴证业务。 一、 董事会的责任 中国重工董事会的责任是按照中国证券监督管理委员会《上市公司监 管指引第2号——上市公司募集资金管理和使用的监管要求（2022年修订）》 （证监会公告〔2022〕15号）、《上海证券交易所上市公司自律监管指引 第1号——规范运作》以及《上海证券交易所上市公司自律监管指南第1号 ——公告格式》的相关规定编制募集资金专项报告。这种责任包括设计、 执行和维护与募集资金专项报告编制相关的内部控制，确保募集资金专项 报告真实、准确、完整，不存在虚假记载、误导性陈述或重大遗漏。 二、 注册会计师的责任 我们的责任是在执行鉴证工作的基础上对募集资金专项报告 ...

Financial Performance - The company achieved operating revenue of RMB 55.44 billion in 2024, representing a year-on-year increase of 18.70% compared to RMB 46.70 billion in 2023 [25]. - The net profit attributable to shareholders of the listed company was RMB 1.31 billion in 2024, a significant recovery from a loss of RMB 0.79 billion in the previous year [25]. - The net cash flow from operating activities reached RMB 9.49 billion, up 111.12% from RMB 4.50 billion in 2023, primarily due to increased order intake and corresponding growth in contract prepayments [25]. - The company's total assets increased by 11.93% to RMB 222.14 billion at the end of 2024, compared to RMB 198.47 billion at the end of 2023 [22]. - Basic earnings per share improved to RMB 0.057 in 2024, compared to a loss of RMB 0.035 in 2023 [23]. - The weighted average return on equity rose to 1.56% in 2024, an increase of 2.49 percentage points from -0.93% in 2023 [23]. - The company reported a net profit of RMB 613 million after deducting non-recurring gains and losses, compared to a loss of RMB 1.06 billion in the previous year [25]. - The total profit reached 1.39 billion RMB, compared to a loss of 759 million RMB in the same period last year [59]. - The net profit attributable to shareholders was 1.31 billion RMB, up from a loss of 787 million RMB year-on-year [59]. Dividend Distribution - The company plans to distribute a cash dividend of RMB 0.18 per 10 shares, totaling approximately RMB 410.44 million based on a total share capital of 22,802,035,324 shares [6]. - The proposed cash dividend for the 2024 fiscal year is CNY 0.18 per 10 shares, totaling CNY 410,436,635.83 (including tax) based on a total share capital of 22,802,035,324 shares [184][187]. - The cash dividend amount represents 31.31% of the net profit attributable to ordinary shareholders in the consolidated financial statements, which is CNY 1,310,679,040.51 [187][188]. - The cumulative cash dividend amount over the last three fiscal years is CNY 638,456,989.07, with an average net profit of -CNY 562,361,503.48 during the same period [190]. Audit and Compliance - The company has received a standard unqualified audit report from Lixin Certified Public Accountants [5]. - The board of directors has confirmed the authenticity, accuracy, and completeness of the annual report [3]. - The company has not violated decision-making procedures for external guarantees [8]. - The company has improved its governance mechanisms and is committed to enhancing information disclosure quality to boost market recognition [40]. - The company has established a governance structure that complies with relevant laws and regulations, enhancing internal controls and information disclosure [140]. - The company received a notice from the China Securities Regulatory Commission on July 12, 2023, regarding a case for suspected information disclosure violations [164]. - The company was penalized for failing to accurately account for inventory impairment in its subsidiary, leading to misstatements in the annual reports for 2018, 2019, and 2020 [164]. - The company received a disciplinary notice from the Shanghai Stock Exchange on February 1, 2024, criticizing the company and its former chairman and vice president [165]. Strategic Initiatives - The company is advancing a strategic restructuring by merging with China Shipbuilding Industry Corporation, aiming to enhance operational efficiency [39]. - The company is focusing on high-end, green, and intelligent ship types, with significant advancements in core technology and innovation [37]. - The company is actively pursuing a major asset restructuring by merging with China Shipbuilding Industry Corporation to improve operational efficiency and resource utilization [134]. - The company plans to achieve operating revenue exceeding CNY 60 billion in 2025, focusing on completing military tasks and enhancing core competitiveness [130][131]. - The company is focusing on innovation-driven strategies to enhance high-quality development and improve operational efficiency [132]. Market Position and Orders - The company secured 103 new ship orders totaling 15.8995 million deadweight tons, a year-on-year increase of 90.4% [35]. - The company delivered 62 ships with a total deadweight tonnage of 5.4858 million, reflecting a 13.4% increase year-on-year [35]. - As of December, the company had a backlog of 216 ships, totaling 30.3097 million deadweight tons, which is a 53.2% increase year-on-year [35]. - The global shipbuilding market is experiencing a boom, with China's market share exceeding 50% for 15 consecutive years, maintaining its leading position [33]. - In 2024, China's shipbuilding completion volume reached 50.76 million deadweight tons, an increase of 9.63% year-on-year, with new ship orders rising by 62.38% to 134.97 million deadweight tons [42]. Research and Development - Research and development expenses increased by 32.13% to 2.00 billion RMB, reflecting the company's commitment to technological innovation [60]. - The company’s R&D investment totaled 215,639.81 million yuan, accounting for 3.89% of operating revenue, with capitalized R&D representing 7.16% of the total [86]. - The company applied for 1,559 patents and received 720 patent authorizations during the reporting period [88]. - The company is committed to innovation and has developed an open innovation system that combines independent and collaborative innovation [54]. Environmental and Social Responsibility - The company invested CNY 10,664.40 million in environmental protection during the reporting period [197]. - There are 15 subsidiaries classified as key pollutant discharge units, which are subject to environmental regulations [198]. - All key pollutant discharge units have dedicated environmental management personnel and monitoring teams, with no major environmental pollution incidents reported during the period [200]. Governance and Management - The company has established a comprehensive talent system, including high-level experts and skilled personnel, to support its technological and operational needs [55]. - The company has conducted 3 shareholder meetings, 8 board meetings, and 7 supervisory meetings during the reporting period, ensuring compliance with legal procedures [140]. - The company’s board of directors and supervisors' remuneration is determined by the shareholders' meeting and the board of directors based on performance evaluations [162]. - The company emphasizes a compensation policy that aligns with performance evaluation results and risk responsibilities for senior management [179]. - The company has implemented a comprehensive training mechanism for employees, focusing on management, technical, and skilled personnel [181].

中国船舶重工股份有限公司 2024 年度 独立董事述职报告 （冷建兴） 本人冷建兴作为中国船舶重工股份有限公司（以下简称 "公司"）的独立董事，严格按照《公司法》《证券法》《上 市公司独立董事管理办法》《上海证券交易所股票上市规则》 等法律法规和《公司章程》《中国船舶重工股份有限公司独 立董事工作制度》《中国船舶重工股份有限公司独立董事专 门会议工作制度》等规定，本着对公司和全体股东忠实和勤 勉的态度，以关注和维护全体股东，特别是中小股东的合法 权益为宗旨，勤勉、忠实、尽责地履行独立董事的职责，全 面关注公司发展状况，积极按时出席相关会议，认真审议董 事会各项议案。现将 2024 年度履职情况汇报如下： 一、 独立董事的基本情况 经公司 2024 年 2 月 27 日召开的 2024 年第一次临时股 东大会选举，本人当选公司第六届董事会独立董事。 （一）工作履历、专业背景以及兼职情况 本人冷建兴，男，中国籍，无境外居留权，1963 年 6 月 出生，博士研究生学历。本人曾任中国船舶科学研究中心结 构研究室副主任、水下工程研究室主任、技术开发部主任， 浙江大学海洋科学与工程学系研究员、教授，海洋装备试验 浙江省 ...

Financial Performance - The company's operating revenue for Q1 2025 reached ¥1,221,560.51 million, representing a year-on-year increase of 20.12% compared to ¥1,016,708.89 million in the same period last year[3]. - Net profit attributable to shareholders was ¥51,922.15 million, a significant increase of 281.99% from ¥13,525.91 million in the previous year[3]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥47,804.70 million, up 437.69% from ¥8,890.73 million year-on-year[3]. - Basic and diluted earnings per share both increased to ¥0.023, reflecting a growth of 283.33% compared to ¥0.006 in the same period last year[4]. - Operating profit for Q1 2025 was ¥538.05 million, significantly higher than ¥149.31 million in Q1 2024, marking a 260.5% increase[19]. - Total comprehensive income for Q1 2025 was ¥803.80 million, compared to ¥215.14 million in Q1 2024, an increase of 272.5%[20]. Asset and Liability Management - Total assets at the end of the reporting period were ¥22,515,160.82 million, a slight increase of 1.36% from ¥22,213,787.59 million at the end of the previous year[4]. - The company's current assets totaled RMB 165.36 billion, up from RMB 162.25 billion at the end of 2024, indicating a growth of about 1.3%[15]. - The total liabilities of the company were RMB 139.99 billion, up from RMB 137.82 billion, which is an increase of about 1.6%[17]. - The company's equity attributable to shareholders rose to RMB 84.61 billion from RMB 83.77 billion, reflecting an increase of approximately 1.0%[17]. - The company’s long-term borrowings increased to RMB 16.52 billion from RMB 14.94 billion, representing a rise of approximately 10.6%[17]. Cash Flow Analysis - The net cash flow from operating activities was reported at -¥312,882.03 million, indicating a decrease compared to -¥324,052.83 million in the previous year[3]. - Cash flow from operating activities for Q1 2025 was -¥3.13 billion, slightly improved from -¥3.23 billion in Q1 2024[22]. - Cash flow from investing activities for Q1 2025 was -¥1.53 billion, compared to a positive cash flow of ¥6.13 billion in Q1 2024[23]. - Cash flow from financing activities for Q1 2025 was -¥1.16 billion, worsening from -¥0.97 billion in Q1 2024[23]. - The company reported a net increase in cash and cash equivalents of -¥5.99 billion for Q1 2025, compared to an increase of ¥1.71 billion in Q1 2024[23]. Strategic Initiatives - The company has been focusing on lean management to enhance value creation capabilities, leading to significant growth in revenue and profits[5]. - The company plans to continue its market expansion and product development strategies to sustain growth in the upcoming quarters[5]. - The company is in the process of a share swap merger with China Shipbuilding, which is expected to enhance operational quality and focus on national strategic priorities[13]. - The company is actively pursuing high-quality development in shipbuilding and aims to standardize industry competition to improve overall operational quality[13]. Inventory and Receivables - The company reported a significant increase in inventory, which rose to RMB 32.24 billion from RMB 30.51 billion, indicating a growth of about 5.7%[15]. - Accounts receivable increased to RMB 9.70 billion, compared to RMB 9.09 billion in the previous period, marking an increase of around 6.7%[15].

（一）工作履历、专业背景以及兼职情况 中国船舶重工股份有限公司 2024 年度 独立董事述职报告 （张大光） 本人张大光作为中国船舶重工股份有限公司（以下简称 "公司"）的独立董事，严格按照《公司法》《证券法》《上 市公司独立董事管理办法》《上海证券交易所股票上市规则》 等法律法规和《公司章程》《中国船舶重工股份有限公司独 立董事工作制度》《中国船舶重工股份有限公司独立董事专 门会议工作制度》等规定，本着对公司和全体股东诚信和勤 勉的态度，以关注和维护全体股东，特别是中小股东的合法 权益为宗旨，勤勉、忠实、尽责地履行独立董事的职责，全 面关注公司发展状况，积极按时出席相关会议，认真审议董 事会各项议案。现将 2024 年度履职情况汇报如下： 一、 独立董事的基本情况 经公司 2020 年第一次临时股东大会选举，本人当选公 司第五届董事会独立董事。2024 年 2 月 27 日，公司完成董 事会换届，本人当选公司第六届董事会独立董事，继续担任 公司独立董事。 本人张大光，男，中国籍，无境外居留权，1972 年 9 月 出生，博士研究生学历。本人曾任中国航空技术进出口总公 司出口部项目经理、埃及代表处常驻代表，北 ...

中国船舶重工股份有限公司 2024 年度 独立董事述职报告 （陈缨） 本人 陈缨 作为中国船舶重工股份有限公司（以下简称 "公司"）的独立董事，严格按照《公司法》《证券法》《上 市公司独立董事管理办法》《上海证券交易所股票上市规则》 等法律法规和《公司章程》《中国船舶重工股份有限公司独 立董事工作制度》《中国船舶重工股份有限公司独立董事专 门会议工作制度》等规定，以关注和维护全体股东，特别是 中小股东的合法权益为宗旨，忠实、勤勉地履行独立董事的 职责，全面关注公司发展状况，积极按时出席相关会议，认 真审议董事会各项议案。现将 2024 年度履职情况汇报如下： 一、 独立董事的基本情况 经公司 2020 年第一次临时股东大会选举，本人当选公 司第五届董事会独立董事。2024 年 2 月 27 日，公司完成董 事会换届，本人当选公司第六届董事会独立董事，继续担任 公司独立董事。 （一）工作履历、专业背景以及兼职情况 本人陈缨，女，中国籍，无境外居留权，1971 年 3 月出 生，硕士研究生学历，正高级会计师。本人曾任宝山钢铁股 份有限公司财务总监、副总经理（CFO）兼董事会秘书，宝 钢集团有限公司总经理助理兼董事 ...