Core Viewpoint - Company reported a revenue increase of 8.21% for the fiscal year 2024, driven by demand growth in the consumer electronics and new energy sectors [2] Financial Performance - In 2024, the company achieved an operating revenue of 782.65 million yuan, an increase of 59.37 million yuan compared to the previous year [2] - Operating costs rose to 636.98 million yuan, up 12.55% year-on-year, leading to a decline in gross margin by 3.14 percentage points [2] - The net profit attributable to shareholders was 66.41 million yuan [2] - For Q1 2025, the company reported a main revenue of 202 million yuan, a year-on-year increase of 27.66%, but a net profit decline of 48.82% to 10.77 million yuan [8] Market Demand and Growth Drivers - The growth in revenue is attributed to increased demand in the downstream consumer electronics and new energy industries, with functional device product sales recovering [2] - Future growth drivers include deepening relationships with existing high-quality clients, expanding product lines, and developing new clients in the semiconductor and battery sectors [5] Strategic Initiatives - The company plans to enhance cost control, optimize production capacity, and invest in new production bases to meet evolving customer needs [5] - It aims to extend its business into emerging sectors and increase R&D investment for high-speed optical modules and laser sensor products [5] Client Base and Industry Position - The company has established stable relationships with notable clients such as TL, LG Chem, Samsung Vision, and CATL, among others in the consumer electronics and new energy supply chains [4] - The company is focused on maintaining a competitive edge through technological innovation and comprehensive service offerings in the functional device market [5] Project Developments - The lithium battery new composite materials project is progressing steadily, with the main plant construction completed and equipment installation underway [7] - The subsidiary, Kewan Photonics, has launched its first 400G/800G high-speed optical module production line, achieving full production capabilities [7]

Investment Rating - The investment rating for the company is upgraded to "Accumulate" [5] Core Views - The company achieved a revenue of 783 million yuan in 2024, representing a year-on-year growth of 8.21%, while the net profit attributable to shareholders decreased by 30.34% to 66.41 million yuan [1] - In Q1 2025, the company reported a revenue of 202 million yuan, a year-on-year increase of 27.66%, but the net profit attributable to shareholders fell by 48.82% to 10.77 million yuan [1] - The company is focusing on functional devices and has expanded its product line in the semiconductor sector, including CMOS protective films and silicon-based OLED protective films, which have successfully passed customer testing and are entering mass production [2] - The company is advancing its composite electrolyte business for lithium batteries, having completed the first phase of its new composite material project and is expected to achieve mass production soon [3] - The establishment of a wholly-owned subsidiary for optical modules aims to create a full-chain production capability, with the first production line completed and self-developed silicon photonic chips entering the testing phase [4] Financial Summary - The company forecasts revenues of 1.14 billion yuan in 2025, with a projected growth rate of 45.77% [9] - The net profit is expected to rebound to 156 million yuan in 2025, reflecting a growth of 135.33% compared to 2024 [9] - The earnings per share (EPS) is projected to increase from 0.49 yuan in 2024 to 1.16 yuan in 2025 [9]

Investment Rating - The investment rating for the company is upgraded to "Accumulate" [5] Core Views - The company achieved a revenue of 783 million yuan in 2024, representing a year-on-year growth of 8.21%, while the net profit attributable to shareholders decreased by 30.34% to 66.41 million yuan [1] - In Q1 2025, the company reported a revenue of 202 million yuan, a year-on-year increase of 27.66%, but the net profit attributable to shareholders fell by 48.82% to 10.77 million yuan [1] - The company is focusing on functional devices and has expanded its product line in the semiconductor sector, including CMOS protective films and silicon-based OLED protective films, which have successfully passed customer testing and are entering mass production [2] - The company is advancing its composite electrolyte business for lithium batteries, having completed the first phase of a new composite material project and is expected to gain significant orders as production scales up [3] - The establishment of a wholly-owned subsidiary for optical modules aims to create a full production capacity for high-speed optical modules, with the first batch of self-developed silicon photonic chips entering the testing phase [4] Financial Summary - The company forecasts revenues of 1.14 billion yuan in 2025, with a projected growth rate of 45.77% [9] - The net profit is expected to rebound to 156 million yuan in 2025, reflecting a growth of 135.33% compared to 2024 [9] - The earnings per share (EPS) is projected to increase from 0.49 yuan in 2024 to 1.16 yuan in 2025 [9]

证券代码：603052 证券简称：可川科技 公告编号：2025-031 (四) 表决方式是否符合《公司法》及《公司章程》的规定，大会主持情况等。 本次会议由公司董事会召集，公司董事长朱春华主持。大会召集、召开及表 决方式符合《公司法》等法律、法规和《公司章程》的有关规定。 (五) 公司董事、监事和董事会秘书的出席情况 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、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法律责任。 重要内容提示： 本次会议是否有否决议案：无 一、 会议召开和出席情况 苏州可川电子科技股份有限公司 2024年年度股东大会决议公告 | 1、出席会议的股东和代理人人数 | 53 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 96,873,320 | | 3、出席会议的股东所持有表决权股份数占公司有表决权股 | 73.0440 | | 份总数的比例（%） | | 注：公司有表决权股份总数为 132,623,204 股，即总股本 134,848,000 股扣 除截至股权登记日公司回购专户回购的股份数 2,224,796 股。 ( ...

上海里兆律师事务所 关于 苏州可川电子科技股份有限公司 2024年年度股东大会 之 见证法律意见 上海市浦东新区陆家嘴环路 1000 号恒生银行大厦 29 层 上海里兆律师事务所 关于苏州可川电子科技股份有限公司 2024 年年度股东大会之见证法律意见 上海里兆律师事务所 关于苏州可川电子科技股份有限公司 2024 年年度股东大会 致：苏州可川电子科技股份有限公司 上海里兆律师事务所（以下简称"本所"）接受苏州可川电子科技股份有限公司（以下 简称"公司"）委托，指派李浩军律师、黄蓉蓉律师（以下合称"本所承办律师"）出席公 司于2025年5月20日下午14点30分在江苏省昆山市千灯镇支浦路1号公司会议室召开的 2024年年度股东大会（以下简称"本次股东大会"），就本次股东大会的召集和召开程序、 召集人及出席会议人员的资格、会议表决程序及表决结果等进行见证并出具本法律意见。 本所承办律师依据本法律意见出具日前已经发生或存在的事实和《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》"）、 《上市公司股东大会规则》（以下简称"《股东大会规则》"）等中华人民共和国（本法 ...

Core Viewpoint - Suzhou Kecuan Electronics Technology Co., Ltd. is in the process of issuing convertible bonds to unspecified objects, with legal opinions and updates provided by Shanghai Jintiancheng Law Firm regarding the issuance and related matters [1][2][3]. Group 1: Legal and Regulatory Compliance - The law firm has conducted thorough checks and confirmed that the issuance of convertible bonds complies with relevant laws and regulations, including the Company Law and Securities Law [8][12][18]. - The company has received necessary approvals from its board and shareholders for the bond issuance, ensuring that the procedures followed are legal and valid [9][11]. Group 2: Financial and Operational Status - The company has reported a net cash flow from operating activities of 26.19 million yuan, 192.81 million yuan, and 182.04 million yuan for the years 2022, 2023, and 2024 respectively, indicating stable cash flow [16]. - The company's net profit for the last three years was 155.59 million yuan, 78.67 million yuan, and 56.84 million yuan, with an average return on equity of 12.36%, demonstrating profitability [17]. Group 3: Administrative and Legal Issues - The company faced one minor administrative penalty during the reporting period, which was deemed not to significantly harm the interests of the company or its investors [4][5]. - As of the date of the supplementary legal opinion, there are no major pending lawsuits or arbitrations that could adversely affect the company's main business operations [6][8]. Group 4: Business Operations and Market Position - The company's main business revenue for the reporting period was 769.40 million yuan, 721.75 million yuan, and 904.79 million yuan, indicating a strong focus on its core operations [20]. - The company is engaged in the research, design, production, and sales of electronic components and materials, with a registered capital of 134.848 million yuan [10][11]. Group 5: Shareholder Structure and Control - The major shareholders of the company have not changed, and the company maintains a stable control structure with no restrictions on shareholder rights [19][21]. - The company has a clear independence in its operations, with no significant influence from related parties that could affect its business decisions [22][23].

Core Viewpoint - Suzhou Kecuan Electronic Technology Co., Ltd. is in the process of responding to an inquiry from the Shanghai Stock Exchange regarding its application to issue convertible bonds to unspecified investors, which is subject to approval from both the exchange and the China Securities Regulatory Commission [1][2]. Group 1 - The company received an inquiry letter from the Shanghai Stock Exchange on April 8, 2025, regarding its application for issuing convertible bonds [1]. - The company, along with relevant intermediaries, has conducted a thorough study and addressed the issues raised in the inquiry letter [1]. - The response to the inquiry letter will be publicly disclosed on the Shanghai Stock Exchange's website [1]. Group 2 - The issuance of convertible bonds is contingent upon approval from the Shanghai Stock Exchange and registration consent from the China Securities Regulatory Commission [2]. - There is uncertainty regarding whether the application will be approved and the timeline for such approval [2]. - The company will fulfill its information disclosure obligations based on the progress of this matter [2].

股票简称：可川科技 股票代码：603052 关于苏州可川电子科技股份有限公司 向不特定对象发行可转换公司债券申请文件的 审核问询函的回复 保荐机构（主承销商） 南京市江东中路 389 号 二零二五年五月 上海证券交易所： 贵所于 2025 年 4 月 8 日出具的《关于苏州可川电子科技股份有限公司向不 特定对象发行可转换公司债券申请文件的审核问询函》（上证上审（再融资）〔2025〕 91 号）（以下简称"审核问询函"）已收悉。 苏州可川电子科技股份有限公司（以下简称"发行人"、"公司"、"可川 科技"）会同南京证券股份有限公司（以下简称"保荐机构"）、中审众环会计 师事务所（特殊普通合伙）（以下简称"申报会计师"）、上海市锦天城律师事 务所（以下简称"发行人律师"）等中介机构，本着勤勉尽责、诚实守信的原则， 就审核问询函所提问题逐项进行认真讨论、核查与落实，并逐项进行回复说明。 如无特殊说明，本审核问询函回复中使用的简称或名词释义与《苏州可川电 子科技股份有限公司向不特定对象发行可转换公司债券募集说明书（申报稿）》 （以下简称"募集说明书"）中的简称具有相同含义。 本审核问询函中的字体代表以下含义： | 字体 ...

关于苏州可川电子科技股份有限公司 《向不特定对象发行可转换公司债券申请 文件的审核问询函》的回复 众环专字（2025）3300164号 上海证券交易所： 中审众环会计师事务所（特殊普通合伙）（以下简称"本所"或"我们"）作为苏州可川 电子科技股份有限公司（以下简称"苏州可川公司"）2024 年度、2023 年度、2022 年度财 务报表的审计机构，于 2025 年 4 月 28 日出具了众环审字（2025）3300173 号无保留意见的 审计报告、2024 年 4 月 25 日出具了众环审字（2024）3300128 号无保留意见的审计报告、 2023 年 3 月 24 日出具了众环审字（2023）3300032 号无保留意见审计报告。 关于苏州可川电子科技股份有限公司 向不特定对象发行可转换公司债券申请文件的审核问询函 的回复 2025 年 4 月 8 日，上海证券交易所出具了《关于苏州可川电子科技股份有限公司向不 特定对象发行可转换公司债券申请文件的审核问询函》（以下简称"问询函"），我们以对苏 州可川公司相关财务报表执行的审计工作为依据，对问询函中需要本所回复的相关问题履行 了核查程序，现将核查情况说明 ...

| 第一部分 | 对问询函的回复···································································4 | | --- | --- | | 问题 | 1：7.关于其他 4 | | 第二部分 | 本次发行相关事项的更新·······················································8 | | 一、 | 本次发行的批准和授权 8 | | 二、 | 发行人本次发行的主体资格 8 | | 三、 | 发行人本次发行的实质条件 9 | | 四、 | 发行人的独立性 13 | | 五、 | 控股股东及实际控制人 13 | | 六、 | 发行人的股本及其演变 15 | | 七、 | 发行人的业务 15 | | 八、 | 关联交易及同业竞争 16 | | 九、 | 发行人的主要财产 20 | | 十、 | 发行人的重大债权债务 23 | | 十一、 | 发行人的重大资产变化及收购兼并 26 | | 十二、 | 发行人章程的制定与修改 26 | | 十三、 | 发行人股东大会、董事会、监事会议事规则及规范运作 26 | ...