Meeting Overview - The shareholders' meeting of Broadcom Integrated Circuit (Shanghai) Co., Ltd. was held on June 20, 2025, in Shanghai [1] - The total proportion of shares held by attending shareholders was 28.0411% [1] Voting Results - All non-cumulative voting proposals were approved with significant majority support, including: - Proposal 1: 99.6567% in favor, 0.3231% against, and 0.0202% abstained [1] - Proposal 2: 99.6707% in favor, 0.3091% against, and 0.0202% abstained [1] - Proposal 3: 99.6123% in favor, 0.3271% against, and 0.0606% abstained [1] - Proposal 4: 99.6071% in favor, 0.3321% against, and 0.0608% abstained [1] Legal Compliance - The meeting was presided over by the chairman, Mr. Pengfei Zhang, and complied with the Company Law, Shanghai Stock Exchange Listing Rules, and the company's articles of association, ensuring the legality and validity of the proceedings [1][3]

上海市锦天城律师事务所 关于博通集成电路（上海）股份有限公司 法律意见书 地址：上海市浦东新区银城中路 501 号上海中心大厦 9/11/12 层 电话：021-20511000 传真：021-20511999 邮编：200120 上海市锦天城律师事务所 法律意见书 上海市锦天城律师事务所 关于博通集成电路（上海）股份有限公司 法律意见书 致：博通集成电路（上海）股份有限公司 上海市锦天城律师事务所（以下简称"本所"）接受博通集成电路（上海）股 份有限公司（以下简称"公司"）委托，就公司召开 2024 年年度股东大会（以下 简称"本次股东大会"）的有关事宜，根据《中华人民共和国公司法》（以下简称 《公司法》）、《上市公司股东会规则》等法律、法规、规章、规范性文件以及 《博通集成电路（上海）股份有限公司章程》（以下简称《公司章程》）的有关 规定，出具本法律意见书。 为出具本法律意见书，本所及本所律师依据《律师事务所从事证券法律业务 管理办法》和《律师事务所证券法律业务执业规则（试行）》等规定，严格履行 了法定职责，遵循了勤勉尽责和诚实信用原则，对本次股东大会所涉及的相关事 项进行了必要的核查和验证，核查了本所认 ...

证券代码：603068 证券简称：博通集成 公告编号：2025-020 博通集成电路（上海）股份有限公司 2024年年度股东大会决议公告 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 (一)股东大会召开的时间：2025 年 06 月 20 日 (二)股东大会召开的地点：上海市浦东新区张东路 1387 号 41 幢本公司一楼会议 室 (三)出席会议的普通股股东和恢复表决权的优先股股东及其持有股份情况： | 1、出席会议的股东和代理人人数 | 224 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 42,180,836 | | 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 | | | 份总数的比例（%） | 28.0411 | (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。 本次股东大会由董事长 Pengfei Zhang 先生主持，会议的出席人员、人数及召集、 召开和表决方式符合《公司法 ...

上海市锦天城律师事务所 关于博通集成电路（上海）股份有限公司 2024 年年度股东大会的 法律意见书 地址：上海市浦东新区银城中路 501 号上海中心大厦 9/11/12 层 电话：021-20511000 传真：021-20511999 邮编：200120 上海市锦天城律师事务所 法律意见书 上海市锦天城律师事务所 关于博通集成电路（上海）股份有限公司 2024 年年度股东大会的 法律意见书 致：博通集成电路（上海）股份有限公司 上海市锦天城律师事务所（以下简称"本所"）接受博通集成电路（上海）股 份有限公司（以下简称"公司"）委托，就公司召开 2024 年年度股东大会（以下 简称"本次股东大会"）的有关事宜，根据《中华人民共和国公司法》（以下简称 《公司法》）、《上市公司股东会规则》等法律、法规、规章、规范性文件以及 《博通集成电路（上海）股份有限公司章程》（以下简称《公司章程》）的有关 规定，出具本法律意见书。 为出具本法律意见书，本所及本所律师依据《律师事务所从事证券法律业务 管理办法》和《律师事务所证券法律业务执业规则（试行）》等规定，严格履行 了法定职责，遵循了勤勉尽责和诚实信用原则，对本次股东大 ...

Core Viewpoint - Broadcom Integrated Circuit (博通集成) reported a decline in total revenue but a significant increase in net profit for the first quarter of 2025, indicating potential operational efficiency improvements despite revenue challenges [1]. Financial Performance - As of the first quarter of 2025, the company achieved total revenue of 165 million yuan, a year-on-year decrease of 1.56% [1]. - The net profit attributable to shareholders reached 16.49 million yuan, reflecting a substantial year-on-year increase of 1256.10% [1]. - The non-recurring net profit was 2.67 million yuan, which represents a year-on-year growth of 180.18% [1]. - The liquidity ratios are strong, with a current ratio of 11.072 and a quick ratio of 8.249, while the debt-to-asset ratio stands at 8.41% [1]. Market Activity - The stock price closed at 32.86 yuan, down by 1.71%, with a turnover rate of 3.21% and a trading volume of 48,300 lots, amounting to a transaction value of 159 million yuan [1]. - There was a net outflow of main funds amounting to 13.69 million yuan, which accounted for 8.6% of the transaction value [1]. - Large orders saw a net outflow of 8.71 million yuan, representing 5.47% of the transaction value, while small orders experienced a net inflow of 7.97 million yuan, or 5.0% of the transaction value [1]. Company Background - Broadcom Integrated Circuit (博通集成电路) was established in 2004 and is located in Shanghai, primarily engaged in software and information technology services [2]. - The company has a registered capital of approximately 1.5 billion yuan and a paid-in capital of about 1.39 billion yuan [1]. - The company has made investments in 12 enterprises and has participated in three bidding projects, holding 16 trademarks and 111 patents [2].

Core Viewpoint - The company reported a revenue of 828.36 million yuan in 2024, representing a year-on-year growth of 17.49%, while the net profit attributable to shareholders was a loss of 24.72 million yuan, a significant reduction in losses by 73.70% [2][11]. Group 1: Company Overview - The company focuses on the development of wireless communication chips, particularly in the fields of Wi-Fi, Bluetooth, and high-precision positioning [2][6]. - The company has launched several new products, including Wi-Fi 6 and Bluetooth SoC chips, which have been well received in the market [6][9]. - The company has established a strong market presence, becoming a leading supplier of Wi-Fi MCU chips and achieving significant sales in various sectors, including smart home appliances and automotive electronics [9][10]. Group 2: Financial Performance - The company achieved a total revenue of 828.36 million yuan, with a gross profit margin of 34.01%, indicating a healthy financial performance despite the net loss [13][14]. - The company's revenue from the domestic market reached 530.05 million yuan, while revenue from overseas markets decreased due to intense competition [14][15]. - The company’s R&D expenses amounted to 273.10 million yuan, accounting for 32.99% of total revenue, reflecting a strong commitment to innovation [11][12]. Group 3: Governance and Management - The board of directors has held multiple meetings to ensure compliance with legal regulations and to promote effective governance [4][29]. - Independent directors have actively participated in board meetings and committees, ensuring that decisions are made in the best interest of all shareholders, particularly minority shareholders [18][21]. - The company has implemented a robust internal control system to manage risks and ensure compliance with relevant laws and regulations [12][27]. Group 4: Future Outlook - The company plans to continue focusing on the development of wireless connection chips and artificial intelligence platforms to enhance its market share and operational efficiency [17][29]. - The company aims to strengthen its supply chain relationships and optimize its operational processes to support future growth [12][17]. - The company is committed to improving its corporate governance and enhancing the quality of information disclosure to maintain investor confidence [17][28].

1 博通集成电路（上海）股份有限公司 2024 年年度股东大会会议资料 博通集成电路（上海）股份有限公司 2024 年年度股东大会 会议资料 2025 年 6 月 博通集成电路（上海）股份有限公司 2024 年年度股东大会会议资料 博通集成电路（上海）股份有限公司 2024 年年度股东大会文件目录 | 2024 | 年年度股东大会文件目录 | 2 | | --- | --- | --- | | 2024 | 年年度股东大会会议议程 | 3 | | 议案一、 | 公司 2024 年度董事会工作报告 | 6 | | 议案二、 | 公司 2024 年度监事会工作报告 | 24 | | 议案三、 | 2024 公司 年度财务决算报告 | 27 | | 议案四、 | 关于公司 2024 年度利润分配方案 | 32 | | 议案五、 | 2024 公司 年度募集资金存放与实际使用情况专项报告的议案 | 34 | | 议案六、 | 2024 公司 年年度报告及摘要的议案 | 35 | | 议案七、 | 关于 2025 年度董事、监事及高级管理人员薪酬的议案 | 36 | | 议案八、 | 关于使用部分暂时闲置募集资金进行现 ...

Core Insights - The Bluetooth chip market is experiencing significant growth, with global shipments increasing from 4.2 billion units in 2018 to 5.3 billion units in 2022, representing a compound annual growth rate (CAGR) of 5.99%. It is projected to reach approximately 5.9 billion units by 2024 [1][14]. - The market is characterized by a strong international presence, with Nordic, Dialog, and Texas Instruments holding a combined 61% share of the global BLE chip market. Chinese companies are emerging through differentiated strategies, focusing on low-power Bluetooth chips and specific application scenarios [1][14]. - The Bluetooth chip industry is expected to penetrate various applications, including smart industrial devices, automotive equipment, smart city solutions, and smart home technologies, driving rapid growth in the Chinese Bluetooth chip sector [1][14]. Industry Overview - Bluetooth chips are integrated circuits that enable short-range wireless communication, applicable in audio transmission, data transfer, and location services. They can be categorized into classic Bluetooth chips and BLE (low-energy) chips [4][15]. - The industry has evolved since the 1990s, with significant advancements driven by the rise of IoT, autonomous driving, and 5G technologies, leading to a high growth phase starting in 2017 [6][15]. Market Dynamics - The Bluetooth chip industry value chain consists of upstream resource providers, midstream chip manufacturers, and downstream users. Upstream includes design tool suppliers and wafer manufacturers, while midstream focuses on Bluetooth chip manufacturers providing various products [8][15]. - The Chinese Bluetooth chip industry is still in its early stages but holds substantial growth potential, especially with the advent of the metaverse era [1][14]. Key Players - Notable companies in the Bluetooth chip sector include: - **Yuchip Technology**: Focuses on low-power AIoT chip design, with significant revenue from smart audio SoC chips [29]. - **Hengxuan Technology**: Specializes in low-power wireless computing SoC chips, with a strong presence in smart wearable and home markets [31]. - **Zhongke Blue Communication**: Engages in wireless audio SoC chip development, covering various product lines [28][31]. - **Tai Ling Microelectronics**: Recently went public, focusing on low-power Bluetooth and Zigbee technology chips [28]. - **Jieli Technology**: Concentrates on system-level chips for audio and wearable devices [28]. Future Trends - The industry is expected to see technological innovations that enhance performance, including higher bandwidth and lower latency, driven by the adoption of Bluetooth 5.4 and subsequent versions [33]. - Application scenarios are diversifying beyond traditional consumer electronics into smart homes, wearables, and automotive electronics, with increasing demand for reliable solutions in B2B markets [34]. - Domestic Bluetooth chip companies are strengthening collaborations across the supply chain, aiming for a complete ecosystem from design to application, with a noticeable trend towards domestic substitution in the face of international competition [35].

Group 1 - The core viewpoint is that Broadcom Integrated has faced three consecutive years of losses but is actively launching new chip products to enhance its market position [1][2] - In 2024, Broadcom Integrated reported a revenue of 828 million yuan, a year-on-year increase of 17.49%, while still incurring a net loss of 24.72 million yuan [1] - The company has been focusing on product iteration and market expansion, particularly in Wi-Fi, Bluetooth, and automotive chips, to address inventory issues and improve sales [1] Group 2 - The integrated circuit industry, where Broadcom Integrated operates, is characterized by rapid technological and product iteration, necessitating continuous innovation and market adaptation [2] - The company faces multiple risks in new product development, including potential misjudgment of market demand, extended R&D cycles, and challenges in market penetration due to immature product solutions [2] - Broadcom Integrated is also exposed to competitive risks from well-funded international firms like Qualcomm and MediaTek, as well as domestic competitors in the rapidly growing IC design sector [2]

Core Viewpoint - Broadcom Integrated achieved a revenue of 828 million yuan in 2024, marking a year-on-year growth of 17.49%, but reported a net loss attributable to shareholders of 24.72 million yuan, an improvement from a loss of 94.03 million yuan in the previous year [1][2][3] Financial Performance Summary - **2024 Financial Results**: - Revenue: 828 million yuan, up 17.49% from 704.59 million yuan in 2023 [1][2] - Net Profit (attributable to shareholders): -24.72 million yuan, improved from -94.03 million yuan in 2023 [1][2] - Net Profit (excluding non-recurring items): -42.78 million yuan, improved from -123.92 million yuan in 2023 [1][2] - Operating Cash Flow: -106 million yuan, down from 41.05 million yuan in 2023 [1][2] - **2025 Q1 Financial Results**: - Revenue: 165 million yuan, down 1.56% from 168 million yuan in Q1 2024 [4][5] - Net Profit (attributable to shareholders): 16.49 million yuan, up 1,256.10% from 1.22 million yuan in Q1 2024 [4][5] - Net Profit (excluding non-recurring items): 2.67 million yuan, up 180.18% from 952,807 yuan in Q1 2024 [4][5] - Operating Cash Flow: 102 million yuan, a significant improvement from -126,000 yuan in Q1 2024 [4][5] Company Background - Broadcom Integrated has been operating at a loss for three consecutive years, with a net loss of 238 million yuan in 2022 [3] - The company is controlled by BEKEN CORPORATION (BVI), with actual controllers being Pengfei Zhang and Dawei Guo, both of whom hold U.S. nationality [3] Capital Raising Activities - The company raised a total of 1.407 billion yuan through two rounds of fundraising [8] - The initial public offering in April 2019 raised 646.06 million yuan, netting 603.08 million yuan after expenses [6] - A subsequent private placement in December 2020 raised approximately 761.24 million yuan, netting around 744.54 million yuan after underwriting fees [7]