上海市广发律师事务所 关于苏州赛伍应用技术股份有限公司 2025 年第一次临时股东大会的法律意见书 致：苏州赛伍应用技术股份有限公司 苏州赛伍应用技术股份有限公司（以下简称"公司"）2025 年第一次临时股 东大会于 2025 年 11 月 14 日在苏州市吴江区江陵街道兴瑞路 699 号苏州赛伍应 用技术股份有限公司九龙厂区三楼大会议室召开。上海市广发律师事务所经公司 聘请，委派张永丰律师、黎沁菲律师出席现场会议，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》（以下简称"《股东会规 则》"）等法律法规、其他规范性文件以及《苏州赛伍应用技术股份有限公司章程》 （以下简称"《公司章程》"）的规定，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、会议议案、表决方式和表决程序、表决结果和会议决 议等出具本法律意见书。 本法律意见书仅供本次股东大会之目的使用，不得被任何人用于其他任何目 的。本所同意，公司可以将本法律意见书作为公司本次股东大会公告材料，随其 他需公告的信息一起向公众披露，本所依法对发表的法律意见承担责任。 本所律师根据相关法律、法规和规范性文件的要求，按 ...

证券代码：603212 证券简称：赛伍技术 公告编号：2025-049 苏州赛伍应用技术股份有限公司 2025年第一次临时股东大会决议公告 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。 本次会议是否有否决议案：无 一、 会议召开和出席情况 (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 | 297 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 119,738,271 | | 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（%） | 27.3693 | (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。 本次会议由董事会召集，董事长吴小平先生主持。采用现场投票和网络投票 相结合的表决方式，会议的召集、召开及表决程序符合《公司法》《股东大会议 事规则》及《公司章程》的规定，会议召开合法有效。 (五)公司董事、监事和董事会秘书的出席情况 二、 议案审议情况 (一)股东大会召开的时间 ...

Core Insights - The POE film concept has seen a rise of 1.76%, ranking 6th among concept sectors, with 22 stocks increasing in value, including notable gainers such as Tuori New Energy and *ST Green Health, which hit the daily limit, and others like Fulei Ant and Fengguang Co., which rose by 6.99%, 5.05%, and 4.04% respectively [1][2] Market Performance - The top-performing concept sectors today include Cultivated Diamonds with a rise of 6.08%, Perovskite Batteries at 2.98%, and Dairy Industry at 2.37%, while sectors like Chinese AI 50 and Internet Insurance saw declines of -1.76% and -1.43% respectively [2] - The POE film concept attracted a net inflow of 0.84 billion yuan from major funds, with 11 stocks receiving net inflows, and 5 stocks exceeding 10 million yuan in net inflow. The leading stock in net inflow was Baofeng Energy, with 1.19 billion yuan, followed by Tuori New Energy and Wanhua Chemical with 1.08 billion yuan and 344.73 million yuan respectively [2][3] Fund Flow Analysis - The stocks with the highest net inflow ratios include Tuori New Energy at 50.39%, *ST Green Health at 48.08%, and Dingjide at 12.66% [3] - The detailed fund flow for the POE film concept shows Baofeng Energy with a 2.01% increase and a net inflow of 118.52 million yuan, while Tuori New Energy had a significant increase of 10.13% with a net inflow of 108.44 million yuan [3][4]

Core Viewpoint - Saiwu Technology's stock has shown a positive trend with a year-to-date increase of 20.63%, reflecting strong market interest and performance in the photovoltaic materials sector [1][2]. Group 1: Stock Performance - On November 10, Saiwu Technology's stock rose by 2.08%, reaching 12.28 CNY per share, with a trading volume of 1.78 billion CNY and a turnover rate of 3.34%, resulting in a total market capitalization of 53.72 billion CNY [1]. - The stock has experienced a 4.51% increase over the last five trading days, an 8.38% increase over the last 20 days, and an 8.48% increase over the last 60 days [1]. - The company has appeared on the "龙虎榜" (a stock market leaderboard) four times this year, with the most recent appearance on July 2 [1]. Group 2: Financial Performance - For the period from January to September 2025, Saiwu Technology reported a revenue of 2.039 billion CNY, a year-on-year decrease of 11.61%, and a net profit attributable to shareholders of -117 million CNY, a decrease of 22.46% [2]. - The company has distributed a total of 177 million CNY in dividends since its A-share listing, with 86.55 million CNY distributed over the past three years [3]. Group 3: Shareholder Information - As of September 30, 2025, the number of shareholders for Saiwu Technology was 51,600, a decrease of 2.72% from the previous period, with an average of 8,476 circulating shares per shareholder, an increase of 2.79% [2]. - Hong Kong Central Clearing Limited is the sixth-largest circulating shareholder, holding 4.3025 million shares, an increase of 1.806 million shares compared to the previous period [3]. Group 4: Business Overview - Saiwu Technology, established on November 4, 2008, and listed on April 30, 2020, specializes in the research, production, and sales of polymer functional materials with adhesive as the core, primarily in the photovoltaic materials sector [1]. - The revenue composition includes 71.63% from photovoltaic materials, 21.34% from semiconductor, electrical, and transportation materials, 3.02% from communication and consumer electronics materials, 2.74% from other sales, 1.11% from photovoltaic operation materials, and 0.17% from power generation [1]. - The company operates within the electric equipment industry, focusing on photovoltaic devices and auxiliary materials, with concepts including TOPCon batteries, photovoltaic glass, solar energy, perovskite batteries, and HJT batteries [2].

2025年第一次临时股东大会 | 2025 | 年第一次临时股东大会会议须知 3 | | --- | --- | | 年第一次临时股东大会会议议程 2025 | 4 | | 2025 年第一次临时股东大会会议资料 | 5 | | 议案一：关于取消公司监事会并修订<公司章程>的议案 | 5 | | 议案二：关于修订部分制度的的议案 | 22 | 会 议 资 料 苏州赛伍应用技术股份有限公司 二〇二五年十一月 苏州赛伍应用技术股份有限公司 2025 年第一次临时股东大会资料 苏州赛伍应用技术股份有限公司 六、股东要求在股东大会上发言，应举手示意，并在主持人许可后进行。主 持人可以要求发言股东履行登记手续后按举手先后顺序发言。每位股东发言限在 3 分钟内，以使其他股东有发言机会。公司董事会成员和高管人员应当认真负责、 有针对性的集中回答股东问题。 七、本次会议采用现场投票和网络投票表决的方式。出席现场会议的股东以 其所持有的表决权的股份数额行使表决权，每一股享有一票表决权。股东在投票 表决时，应在表决票中每项议案下设的"同意"、"反对"、"弃权"三项中任 选一项，并以打"√"表示，回避的关联股东请在"回避"选项打" ...

证券代码：603212 证券简称：赛伍技术 公告编号：2025-048 苏州赛伍应用技术股份有限公司 关于召开 2025 年第三季度业绩说明会的公告 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： 苏州赛伍应用技术股份有限公司（以下简称"公司"）已于 2025 年 10 月 30 日发布公司 2025 年第三季度报告，为便于广大投资者更全面深入地了解公司 2025 年第三季度经营成果、财务状况，公司计划于 2025 年 11 月 12 日下午 16:00-17:00 举行 2025 年第三季度业绩说明会，就投资者关心的问题进行交流。 一、说明会类型 本次投资者说明会以网络互动形式召开，公司将针对 2025 年第三季度的经 营成果及财务指标的具体情况与投资者进行互动交流和沟通，在信息披露允许的 会议召开时间：2025 年 11 月 12 日（星期三）16:00-17:00 会议召开地点：价值在线（www.ir-online.cn） 会议召开方式：网络互动方式 会 议 问 题 征 集 ： 投 资 者 可 于 202 ...

Core Insights - Suzhou Saiwu Application Technology Co., Ltd. reported a 4.84% year-on-year revenue growth in Q3 2025, reaching 687 million yuan, with significant contributions from its core businesses, particularly the film sector [2] - The company is focusing on overseas market expansion and continuous breakthroughs in AI research and perovskite materials, laying a solid foundation for long-term development [1][9] Revenue Performance - The company's revenue for Q3 2025 was 687 million yuan, marking a 4.84% increase year-on-year, with the film business leading the growth [2] - The film segment generated 401 million yuan, a substantial increase of 57.5%, with a shipment volume of 85.05 million square meters [2] - Non-photovoltaic business revenue share rose to 28.6%, indicating successful diversification efforts [2] Business Highlights - The film business remains robust, with full production capacity in Vietnam and plans to expand into markets such as India, the EU, Japan, Turkey, and Taiwan [3] - The lithium battery and new energy vehicle materials segment saw significant growth, with product shipments increasing by 85.0% and 77.1% respectively [5] - The consumer electronics segment is driven by OLED protective films and acoustic materials, with ongoing product validations and small-scale shipments [6][7] Innovation and R&D - The semiconductor business is expanding, with increased market share for UV adhesive tapes and successful product validations for new materials [8] - The company is leveraging AI technology to enhance R&D efficiency, establishing a partnership with Suzhou University to create an AI laboratory [9] - The company is also focusing on solid-state battery trends, with several related products in development or customer validation stages [9]

Core Viewpoint - Saiwu Technology's stock price has shown a positive trend with a year-to-date increase of 16.80%, indicating investor confidence despite recent financial challenges [2]. Group 1: Stock Performance - On November 5, Saiwu Technology's stock rose by 2.06%, reaching 11.89 CNY per share, with a trading volume of 78.19 million CNY and a turnover rate of 1.52% [1]. - The stock has experienced a 1.62% increase over the last five trading days, a 2.77% increase over the last 20 days, and a 3.75% increase over the last 60 days [2]. Group 2: Financial Performance - For the period from January to September 2025, Saiwu Technology reported a revenue of 2.039 billion CNY, a year-on-year decrease of 11.61%, and a net profit attributable to shareholders of -117 million CNY, down 22.46% year-on-year [2]. - The company has distributed a total of 177 million CNY in dividends since its A-share listing, with 86.51 million CNY distributed over the past three years [3]. Group 3: Shareholder Information - As of September 30, 2025, the number of shareholders for Saiwu Technology was 51,600, a decrease of 2.72% from the previous period, with an average of 8,476 circulating shares per shareholder, an increase of 2.79% [2]. - Hong Kong Central Clearing Limited is the sixth-largest circulating shareholder, holding 4.3025 million shares, an increase of 1.806 million shares compared to the previous period [3]. Group 4: Business Overview - Saiwu Technology, established on November 4, 2008, specializes in the research, production, and sales of polymer functional materials, primarily adhesive films [2]. - The company's revenue composition includes 71.63% from photovoltaic materials, 21.34% from semiconductor and electrical materials, 3.02% from communication and consumer electronics materials, and other sales [2].

Core Insights - The company reported a revenue of 687 million yuan for Q3 2025, marking a year-on-year increase of 4.84%, driven by growth in the sales of films, lithium battery and new energy vehicle materials, and consumer electronics [1] - The net cash flow from operating activities reached 98.77 million yuan, reflecting a quarter-on-quarter increase of 17.6%, indicating strong financial health and capacity to withstand industry fluctuations [1] - Non-photovoltaic business revenue accounted for over 28.6% of total revenue, showing a robust year-on-year growth of 6.3%, validating the effectiveness of the company's diversified platform strategy [1][4] Cost Management and Efficiency - The company's period expenses decreased significantly to 49 million yuan, a year-on-year decline of 28.3% and a quarter-on-quarter decline of 3.9%, with a period expense ratio of 7.1%, down 2.8 percentage points year-on-year [2] - The company enhanced operational efficiency through technological upgrades and supply chain management improvements, alongside the introduction of the BLM model for strategic organizational transformation [2] Market Position and Product Development - The revenue from the film business reached 401 million yuan, with a year-on-year increase of 19.2% and a shipment volume growth of 57.5%, indicating a strong market position [3] - The company plans to expand its film business into overseas markets and promote the mass production of light conversion films in the TOPCon and HJT component markets [3] - The company has established strategic partnerships with leading domestic photovoltaic firms to provide comprehensive polymer material solutions for perovskite components [3] Non-Photovoltaic Business Growth - Non-photovoltaic business revenue rose to 28.6%, with a year-on-year increase of 6.3 percentage points, driven by rapid growth in lithium battery and new energy vehicle materials, as well as consumer electronics [4] - The lithium battery and new energy vehicle materials segment saw a shipment volume increase of 85.0% and a revenue growth of 33.6% in Q3 2025, with production lines operating at full capacity [4] - The consumer electronics segment experienced a shipment volume increase of 77.1% and a revenue growth of 41.9%, primarily due to the rapid adoption of mainstream products [5] Semiconductor Business Expansion - The semiconductor segment reported a shipment volume increase of 17.4%, with the main product, UV release adhesive tape, gaining market share among chip packaging clients [6] - The company aims to enhance its market presence in the semiconductor materials sector by increasing the delivery of mainstream products and expanding its product matrix [6]

Core Viewpoint - Suzhou Saiwu Application Technology Co., Ltd. reported mixed financial results for the first three quarters of 2025, with a decline in revenue year-on-year but a slight improvement in quarterly performance, indicating ongoing operational challenges and a focus on cost reduction [1][2]. Financial Performance - In Q3 2025, the company achieved revenue of 687 million yuan, a year-on-year increase of 4.84% from 655 million yuan [1]. - For the first nine months of 2025, total revenue was 2.039 billion yuan, down 11.61% from 2.307 billion yuan in the same period last year [2]. - The net loss for Q3 2025 was 44.89 million yuan, an improvement compared to the previous year's loss, primarily due to reduced provisions for credit and asset impairment [1]. - The net loss for the first three quarters of 2025 was 117 million yuan, worsening from a loss of 95.53 million yuan in the same period last year [2]. - Basic earnings per share for Q3 2025 were -0.11 yuan, a decrease of 38.89% year-on-year [1]. - Basic earnings per share for the first nine months were -0.27 yuan, compared to -0.22 yuan in the previous year [2]. Cost Management - The company reported a decrease in various expenses during the reporting period, including: - Sales expenses of 30.58 million yuan, down 32.56% year-on-year [2]. - Management expenses of 32.57 million yuan, down 16.53% year-on-year [2]. - R&D expenses of 73.53 million yuan, down 19.87% year-on-year [2]. - Financial expenses of 16.20 million yuan, down 38.23% year-on-year [2]. Cash Flow - The net cash flow from operating activities for the first nine months of 2025 was 173 million yuan, a decrease from 339 million yuan in the same period last year [3]. Business Overview - The company specializes in the research, production, and sales of polymer functional materials with adhesives as the core focus, leveraging its competitive edge in proprietary research and development of specialty synthetic resins and adhesive formulations [4]. - The company employs a strategy of "concentric circles, leading in segmented markets, and continuous innovation," expanding into diverse application areas such as photovoltaic materials, lithium battery and new energy vehicle materials, consumer electronics materials, and semiconductor materials [4].