Market Overview - The Shanghai Composite Index rose by 0.52% on June 11, with 28 out of the 31 sectors experiencing gains. The top-performing sectors were non-ferrous metals and agriculture, forestry, animal husbandry, and fishery, with increases of 2.21% and 2.02% respectively [1] - Conversely, the sectors that saw declines included pharmaceuticals and biotechnology, telecommunications, and beauty care, with decreases of 0.41%, 0.28%, and 0.10% respectively. The telecommunications sector ranked second in terms of decline [1] Capital Flow Analysis - The net inflow of capital in the two markets was 1.506 billion yuan, with 14 sectors experiencing net inflows. The non-bank financial sector led with a net inflow of 4.469 billion yuan and a rise of 1.90%, followed by the automotive sector, which saw a 1.70% increase and a net inflow of 2.750 billion yuan [1] - In contrast, 17 sectors experienced net outflows, with the pharmaceuticals and biotechnology sector leading with a net outflow of 2.629 billion yuan. The basic chemicals sector followed with a net outflow of 1.909 billion yuan, along with significant outflows in telecommunications, electric equipment, and banking sectors [1] Telecommunications Sector Performance - The telecommunications sector declined by 0.28%, with a total net outflow of 1.359 billion yuan. Out of 127 stocks in this sector, 52 rose, including one that hit the daily limit, while 66 fell [2] - Notably, the stocks with the highest net inflows included Chutianlong, with a net inflow of 255 million yuan, followed by Hengbao and Yitong Century, with inflows of 116 million yuan and 44.586 million yuan respectively [2] - The stocks with the highest net outflows included Xinyi Sheng, with a net outflow of 435.88 million yuan, China Unicom with 174.598 million yuan, and Yongding with 120.577 million yuan [3]

Core Viewpoint - The company, Quectel, has successfully initiated a capital increase plan of 2.3 billion yuan to enhance its production capacity in the automotive and 5G module sectors, as well as to develop AI solutions and upgrade its headquarters and R&D center [1][4][6]. Group 1: Company Overview - Quectel, established in 2010 and based in Shanghai, specializes in IoT technology development and wireless module supply, providing comprehensive IoT cellular communication module solutions [4]. - The company went public in 2019 and currently has a market capitalization of approximately 20 billion yuan [4]. - Quectel is recognized as a national high-tech enterprise [4]. Group 2: Financial Performance - In 2024, Quectel reported a significant revenue increase of 34.14%, reaching 18.594 billion yuan, with a net profit surge of 548.49% to 588 million yuan [5]. - The automotive and industrial IoT sectors are the primary drivers of revenue growth, contributing over half of the total income [5]. Group 3: Market Position and Product Offerings - Quectel holds a 37.1% market share in the global cellular IoT module market in 2024, maintaining the leading position for several consecutive quarters [5]. - The company has established partnerships with over 30 automotive manufacturers, including major brands like Mercedes-Benz and Toyota [5]. - Quectel's 5G modules accounted for 31% of the global 5G IoT terminal shipments in 2024, serving over 1,000 clients across various verticals [6]. Group 4: Capital Increase Purpose - The capital increase will fund projects including the expansion of automotive and 5G module production, AI computing module development, and upgrades to the headquarters and R&D center [6][7]. - The automotive and 5G module expansion project has a total investment of 957 million yuan, aimed at enhancing production capabilities and supply chain stability [7]. - The AI computing module project, with an investment of 411 million yuan, will focus on acquiring advanced technology and talent in communication and AI fields [7]. Group 5: Industry Outlook - The global cellular module market is expected to recover in 2024, with an estimated shipment of 705 million units and revenue reaching 9.239 billion USD by 2029 [8]. - The company is projected to capture over 50% of the new demand anticipated in 2025, driven by favorable policies and increasing 5G penetration in the automotive sector [8]. - Emerging business areas such as satellite communication and edge AI modules are expected to account for over 30% of revenue by 2025, further optimizing the product structure [8]. Group 6: Future Growth Potential - The capital increase reflects the company's rapid growth and potential for further acceleration in the market, supported by a billion-dollar market and the anticipated boom in 5G RedCap modules [7][9].

上海移远通信技术股份有限公司（以下简称"公司"）于 2025 年 6 月 9 日收 到上海证券交易所（以下简称"上交所"）出具的《关于受理上海移远通信技术 股份有限公司沪市主板上市公司发行证券申请的通知》（上证上审（再融资）【2025】 167 号）。上交所依据相关规定对公司报送的沪市主板上市公司发行证券的募集 说明书及相关申请文件进行了核对，认为申请文件齐备，符合法定形式，决定予 以受理并依法进行审核。 证券代码：603236 证券简称：移远通信 公告编号：2025-033 上海移远通信技术股份有限公司关于 向特定对象发行A股股票申请获得上海证券交易 所受理的公告 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。 公司本次向特定对象发行 A 股股票事项尚需经上交所审核通过并报中国证 券监督管理委员会（以下简称"中国证监会"）同意注册后方可实施。最终能否 通过上交所审核并获得中国证监会同意注册的决定及其时间尚存在不确定性。公 司将根据上述事项的进展情况，严格按照有关规定及时履行信息披露义务，敬请 广大投资者注意投资风险。 特此公 ...

证券简称：移远通信 股票代码：603236 上海移远通信技术股份有限公司 Quectel Wireless Solutions Co., Ltd. （ 上海市松江区泗泾镇高技路 205 弄 6 号 5 层 513 室） 2025年度向特定对象发行A股股票 募集说明书 （申报稿） 保荐人（主承销商） （中国（上海）自由贸易试验区浦明路 8 号） 二〇二五年五月 移远通信向特定对象发行 A 股股票 募集说明书 发行人声明 发行人及董事会全体成员保证本募集说明书内容真实、准确、完整，并确 认不存在虚假记载、误导性陈述或重大遗漏。 公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）保 证募集说明书中财务会计报告真实、完整。 证券监督管理机构及其他政府部门对本次发行所作的任何决定，均不表明 其对发行人所发行证券的价值或者投资人的收益作出实质性判断或者保证。任 何与之相反的声明均属虚假不实陈述。 根据《证券法》的规定，证券依法发行后，发行人经营与收益的变化，由 发行人自行负责，由此变化引致的投资风险，由投资者自行负责。 1-1-1 移远通信向特定对象发行 A 股股票 募集说明书 重大事项提示 一、重大风险提示 ...

民生证券股份有限公司 关于上海移远通信技术股份有限公司 向特定对象发行股票 之 发行保荐书 保荐机构（主承销商） （中国（上海）自由贸易试验区浦明路 8 号） 二〇二五年五月 上海移远通信技术股份有限公司 发行保荐书 声 明 上海证券交易所： 民生证券股份有限公司（以下简称"民生证券"、"保荐机构"）接受上海 移远通信技术股份有限公司（以下简称"移远通信"、"发行人"、"公司"） 的委托，担任上海移远通信技术股份有限公司本次向特定对象发行股票（以下简 称"本次发行"）的保荐机构，就本次发行项目出具发行保荐书。 民生证券股份有限公司及其保荐代表人根据《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》"）、 《证券发行上市保荐业务管理办法》《上市公司证券发行注册管理办法》（以下 简称"《注册管理办法》"）等有关法律、法规的规定，诚实守信，勤勉尽责， 严格按照依法制订的业务规则、行业执业规范和道德准则出具本发行保荐书，并 保证所出具文件的真实性、准确性和完整性。 本发行保荐书如无特别说明，相关用语具有与《上海移远通信技术股份有限 公司 2025 年度向特定对象发行 ...

民生证券股份有限公司 关于上海移远通信技术股份有限公司 向特定对象发行股票 之 上市保荐书 （中国（上海）自由贸易试验区浦明路 8 号） 二〇二五年五月 上海移远通信技术股份有限公司 上市保荐书 声 明 上海证券交易所： 民生证券股份有限公司（以下简称"民生证券股份有限公司"、"保荐机 构"、"本保荐机构"）接受上海移远通信技术股份有限公司（以下简称"上海 移远通信技术股份有限公司"、"发行人"、"公司"）的委托，担任上海移远 通信技术股份有限公司本次向特定对象发行股票（以下简称"本次发行"）的保 荐机构，出具本上市保荐书。 民生证券股份有限公司及其保荐代表人根据《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》"）、 《证券发行上市保荐业务管理办法》、《上市公司证券发行注册管理办法》（以下 简称"《注册管理办法》"）、《上海证券交易所股票上市规则》等有关法律、法 规的规定，诚实守信，勤勉尽责，严格按照依法制订的业务规则、行业执业规范 和道德准则出具本上市保荐书，并保证所出具文件的真实性、准确性和完整性。 本上市保荐书如无特别说明，相关用语具有与《上海移远通信 ...

上海移远通信技术股份有限公司 审计报告及财务报表 二○二四年度 6-1-1 上海移远通信技术股份有限公司 审计报告及财务报表 （2024 年 01 月 01 日至 2024 年 12 月 31 日止） | | 目录 | 页次 | | --- | --- | --- | | 一、 | 审计报告 | 1-4 | | 二、 | 财务报表 | | | | 合并资产负债表和母公司资产负债表 | 1-4 | | | 合并利润表和母公司利润表 | 5-6 | | | 合并现金流量表和母公司现金流量表 | 7-8 | | | 合并所有者权益变动表和母公司所有者权益变动表 | 9-12 | | | 财务报表附注 | 1-102 | 6-1-2 审 计 报 告 信会师报字[2025]第 ZF10437 号 上海移远通信技术股份有限公司全体股东： 一、 审计意见 我们审计了上海移远通信技术股份有限公司（以下简称移远通信） 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 年度的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以及相关财务报表附注。 我们认为，后附的财务报表 ...

上海市锦天城律师事务所 关于上海移远通信技术股份有限公司 2025 年度向特定对象发行 A 股股票的 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 | 声明事项 1 | | --- | | 释 义 3 | | 正 文 5 | | 一、本次发行的批准和授权 5 | | 二、发行人本次发行的主体资格 5 | | 三、本次发行的实质条件 7 | | 四、发行人的独立性 10 | | 五、发行人的股东（实际控制人） 10 | | 六、发行人的股本及其演变 11 | | 七、发行人的业务 12 | | 八、关联交易及同业竞争 12 | | 九、发行人的主要财产 14 | | 十、发行人的重大债权债务 14 | | 十一、发行人的重大资产变化及收购兼并 15 | | 十二、发行人章程的制定与修改 15 | | 十三、发行人股东会、董事会、监事会议事规则及规范运作 15 | | 十四、发行人董事、监事和高级管理人员及其变化 16 | | 十五、发行人的税务 16 | | 十六、发行人的环境保护、产品质 ...

Group 1: Company Overview - Shanghai Esky Communication Technology Co., Ltd. plans to issue up to 26,165,765 shares, not exceeding 10% of the total share capital before the issuance, with a total fundraising amount of no more than 230 million yuan [1] - Esky Communication is a leading global provider of IoT solutions, offering a comprehensive range of IoT products and services, including cellular modules (5G/4G/3G/2G/LPWA), automotive modules, smart modules, short-range communication modules, GNSS positioning modules, satellite communication modules, antennas, and software platform services [1] - The company has extensive industry experience, with products widely used in smart transportation, smart energy, financial payments, smart cities, wireless gateways, smart agriculture & environmental monitoring, smart industry, smart living & healthcare, and smart security [1] Group 2: Research and Development - The company has eight R&D centers globally, located in Shanghai, Hefei, Foshan, Guilin, Wuhan, Vancouver, Belgrade, and Penang, supporting its rapid global development [2] - As a member of the 3GPP global cellular mobile communication standardization organization, the company participates in the development of 5G standards and conducts research on key technologies for AI/machine learning, communication perception integration, and 6G [2] - The company has submitted over 50 technical proposals for 5G communication standards to the 3GPP organization and holds over 100 essential patents declared to ETSI [2] Group 3: Zhejiang Meilun Elevator Co., Ltd. - Zhejiang Meilun Elevator plans to issue 40,614,334 shares, not exceeding 30% of the total share capital before the issuance, with a total fundraising amount of 23.8 million yuan, all of which will be invested in the Nanning intelligent manufacturing base project [3] - The company has obtained various certifications, including EU CE certification, TÜV energy efficiency A-level certification, and ISO quality management system certifications, and holds 25 invention patents and over 300 utility model and design patents [3] - Meilun Elevator has established a strong overseas presence, with a network of cooperation in over 30 countries across Asia, South America, North America, Africa, and Oceania, attracting numerous overseas clients [3]

Core Viewpoint - Shanghai Quectel Wireless Solutions Co., Ltd. is planning to issue shares to specific investors, with the underwriting by Minsheng Securities Co., Ltd. The issuance aims to raise up to 2.3 billion yuan for various projects, including expansion in 5G modules and AI solutions [1][6][9]. Group 1: Issuance Overview - The issuing company is Shanghai Quectel Wireless Solutions Co., Ltd., with the stock code 603236, established on October 25, 2010 [1][2]. - The issuance will involve A-shares with a par value of 1.00 yuan each, targeting up to 35 specific investors [5][6]. - The total amount to be raised is capped at 230 million yuan, with net proceeds allocated to several projects [9][10]. Group 2: Financial Data - As of March 31, 2025, total assets amounted to 1,369,408.51 million yuan, with total liabilities at 946,792.23 million yuan [3][4]. - The company reported a net profit of 21,093.20 million yuan for the first quarter of 2025, with total revenue of 522,139.29 million yuan [4][3]. - The company's total equity stood at 422,616.28 million yuan as of March 31, 2025 [4]. Group 3: Use of Proceeds - The funds raised will be allocated to the following projects: - Vehicle and 5G module expansion project: 95,726.57 million yuan - AI computing module and solution industrialization project: 41,123.77 million yuan - Headquarters and R&D center upgrade project: 53,149.66 million yuan - Working capital: 40,000.00 million yuan [9][10]. Group 4: Regulatory Compliance - The issuance has undergone necessary internal approvals, including board and shareholder meetings, confirming compliance with relevant laws and regulations [16][17]. - The underwriting process adheres to the guidelines set by the China Securities Regulatory Commission and the Shanghai Stock Exchange [18].