北京市中伦律师事务所 关于北京淳中科技股份有限公司 法律意见书 二〇二四年五月 2023 年年度股东大会的 北京市朝阳区金和东路 20 号院正大中心 3 号南塔 22-31 层 邮编：100020 22-31/F, South Tower of CP Center, 20 Jin He East Avenue, Chaoyang District, Beijing l00020, P.R. China 电话/Tel : +86 10 5957 2288 传真/Fax : +86 10 6568 1022/1838 www.zhonglun.com 北京市中伦律师事务所 关于北京淳中科技股份有限公司 2023 年年度股东大会的 法律意见书 致：北京淳中科技股份有限公司（以下简称"公司"） 北京市中伦律师事务所（以下简称"本所"）接受公司的委托，指派律师出 席并见证公司2023年年度股东大会（以下简称"本次会议"）。 本所律师根据《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》"）、《上市公司股东大会规则》 （以下简称"《股东大会规则》"）、《律师事务所从事证券 ...

【东北数字经济】淳中科技交流20240425 总结： N公司业务：投资逻辑：（1）在取得VendorCode之后，与N公司对接的产品系列一直在 扩充，最开始已对接的时候是一个产品，现在基本上扩充到了3大产品系列，其中包含很多 子产品。N公司产品迭代，也会做新产品方案设计和产品适配。（2）公司转换卡可以适用于 所有N公司板级产品，包括算力卡，控制卡和显卡，不管是风冷还是液冷都是适用的。 进度：（1）现在定型的液冷平台在去年Q3-Q4就在对接方案。（2）截止到现在，对接的产 品属于样品测试，导入，小批量供货的阶段，几千片几百片的量级，在Q1已经与N公司签 署了一部分产品采购订单，主要的构成是测试卡，在Q2或者4月底完成产品交付和验收， 营收确认。同时，Q2还有新订单落地和产品交付，还会签署新订单，预计集中在测试卡、 液冷的平台。业务完全打通，从前期方案对接，后续的回款都打通，接下来只要能推进业务， 可以关注H1和年报。 自研芯片：在与一些客户对接，在H2会有收入体现。收入订单目标来看，市场很大，竞争 还好，竞争比较小，能够从中间分一部分蛋糕就行。寒烁的LED产品下游平常正在对接， 今年年度可以实现一部分收入，体量 ...

| --- | --- | |---------------------------------------------------------|---------------------------------------------------| | | | | 上海 | 深圳 | | 地址：上海市浦东新区世纪大道 1788 号陆家嘴金控广场 1 | 地址：深圳市福田区金田路 2030 号卓越世纪中心 1 号 | | 楼 10 层 | 楼 45 层 | | 邮编： 200120 | 邮编： 518000 | | 邮箱： research@kysec.cn | 邮箱： research@kysec.cn | | 北京 | 西安 | | 地址：北京市西城区西直门外大街 18 号金贸大厦 C2 座 9 层 | 地址：西安市高新区锦业路 1 号都市之门 B 座 5 层 | | 邮编： 100044 | 邮编： 710065 | | 邮箱： research@kysec.cn | 邮箱： research@kysec.cn | 请务必参阅正文后面的信息披露和法律声明 4 / 4 计算机/计算机设备 公 司 研 究 ...

Financial Performance - The company's operating revenue for Q1 2024 was CNY 74,791,042.96, representing a year-on-year increase of 3.74%[5] - The net profit attributable to shareholders for the same period was CNY 5,991,241.75, with a non-applicable comparison to the previous year[5] - The company reported a net loss of ¥5,368,366.68 for Q1 2024, compared to a net loss of ¥1,530,635.87 in Q1 2023[20] - The net profit for Q1 2024 was CNY 5,518,868.03, a significant recovery from a net loss of CNY 12,169,288.14 in Q1 2023, marking a turnaround of approximately 145.3%[21] - The total profit for Q1 2024 reached CNY 6,467,356.51, compared to a loss of CNY 10,878,678.36 in the same period last year, indicating a recovery of around 159.5%[21] - Basic and diluted earnings per share for Q1 2024 were CNY 0.03, compared to a loss of CNY 0.07 per share in Q1 2023, reflecting a positive shift in profitability[22] Cash Flow and Investments - The net cash flow from operating activities decreased by 65.35% to CNY 2,800,895.16[5] - Cash flow from operating activities generated a net inflow of CNY 2,800,895.16 in Q1 2024, down from CNY 8,082,906.94 in Q1 2023, representing a decrease of approximately 65.3%[24] - Cash flow from investing activities resulted in a net outflow of CNY 16,883,618.69 in Q1 2024, contrasting with a net inflow of CNY 170,949,381.43 in Q1 2023, indicating a significant change in investment strategy[25] - The total cash and cash equivalents at the end of Q1 2024 were CNY 529,639,489.87, down from CNY 424,711,373.38 at the end of Q1 2023, showing a decrease of about 24.5%[25] Assets and Liabilities - Total assets at the end of Q1 2024 were CNY 1,503,678,598.69, down 2.61% from the end of the previous year[6] - Total liabilities decreased significantly to ¥238,725,328.68 in Q1 2024, down from ¥470,283,843.06 in Q4 2023[17] - Shareholders' equity attributable to the parent company increased by 17.93% to CNY 1,265,510,241.55 compared to the end of the previous year[6] - Shareholders' equity increased to ¥1,264,953,270.01 as of March 31, 2024, compared to ¥1,073,718,387.39 at the end of 2023[17] Operating Costs and Expenses - Total operating costs decreased to ¥80,159,409.64 in Q1 2024, down 11.9% from ¥91,039,682.47 in Q1 2023[20] - Operating costs included ¥33,278,954.65 for cost of goods sold, a reduction from ¥42,624,160.42 in the previous year[20] - The company incurred operating expenses of CNY 141,480,265.62 in Q1 2024, down from CNY 152,274,112.61 in Q1 2023, reflecting a cost reduction strategy[24] - Research and development expenses for Q1 2024 were ¥16,313,108.29, slightly up from ¥16,011,279.86 in Q1 2023[20] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 15,203[11] - The top shareholder, He Shida, holds 25.29% of the shares, with 6,080,000 shares pledged[11] Future Outlook - The company plans to continue focusing on operational efficiency and exploring new market opportunities to enhance future growth prospects[27] Other Income - The company reported other operating income of CNY 11,835.51 in Q1 2024, compared to CNY 8.85 in Q1 2023, indicating a growth in non-core income sources[21] - The company reported a significant increase in prepayments by 221.43%, primarily due to increased advance payments for inventory[8] - Financial expenses decreased by 30.47%, attributed to an increase in interest income from deposits[9]

证券代码：603516 证券简称：淳中科技 公告编号：2024-042 根据公司 2024 年第一季度的经营发展情况，公司编写了《北京淳中科技股 份有限公司 2024 年第一季度报告》。 北京淳中科技股份有限公司 第三届董事会第二十八次会议决议公告 本公司及董事会全体成员保证公告内容不存在虚假记载、误导性陈述或 者重大遗漏，并对其内容的真实、准确和完整承担个别及连带责任。 一、 会议召开情况 北京淳中科技股份有限公司（以下简称"公司"）第三届董事会第二十八次 会议于2024年4月14日以邮件方式发出会议通知，并于2024年4月24日在公司会议 室以现场结合通讯方式召开。本次会议应到董事6人，实际出席并参与表决的董 事6人，会议由董事长何仕达先生主持。本次会议的召集、召开及表决程序符合 《公司法》等法律、行政法规、规章、规范性文件以及《公司章程》的有关规定。 二、 会议审议情况 经参会董事审议，依法表决，本次会议审议通过了以下议案： （一） 审议通过《关于公司2024年第一季度报告的议案》 2024 年 4 月 25 日 具体内容详见同日公司在上海证券交易所官网（http://www.sse.com.cn） 披 ...

本公司及监事会全体成员保证公告内容不存在虚假记载、误导性陈述或 者重大遗漏，并对其内容的真实、准确和完整承担个别及连带责任。 一、 会议召开情况 北京淳中科技股份有限公司（以下简称"公司"）第三届监事会第二十三次 会议于2024年4月24日在公司会议室以现场结合通讯方式召开。会议通知已于 2024年4月14日以邮件方式送达全体监事，与会的各位监事已知悉与所议事项相 关的必要信息。本次监事会会议应出席监事3名，实际出席会议监事3名。会议由 公司监事会主席胡沉先生主持，会议的召开和表决程序符合《中华人民共和国公 司法》和《北京淳中科技股份有限公司章程》（以下简称"《公司章程》"）的 有关规定。 二、 会议审议情况 本次会议审议通过了如下议案： （一） 审议通过《关于公司2024年第一季度报告的议案》 根据公司2024年第一季度经营发展情况，公司编写了《北京淳中科技股份有 限公司2024年第一季度报告》。 证券代码：603516 证券简称：淳中科技 公告编号：2024-043 北京淳中科技股份有限公司 第三届监事会第二十三次会议决议公告 三、备查文件 1.《北京淳中科技股份有限公司第三届监事会第二十三次会议决议》。 ...

特别声明 因此受限于访问权限的设置，若给您造成不便，烦请见谅！感谢您给予的理解与配合。 本报告署名分析师在此声明：本人具有中国证券业协会授予的证券投资咨询执业资格或相当的专业胜任能力，在执业过程中恪守独立诚 信、勤勉尽职、谨慎客观、公平公正的原则，独立、客观地出具本报告。本报告反映了本人的研究观点，不曾因，不因，也将不会因本 报告中的具体推荐意见或观点而直接或间接接收到任何形式的报酬。 | --- | --- | --- | --- | |-------|-------------------------------------------------------------|----------|---------------------------------------------| | | 公司评级 | | 行业评级 | | 买入 | 预期未来 6 个月内股价相对行业指数涨幅 15% 以上 | 强于大市 | 预期未来 6 个月内行业整体表现战胜市场 | | 增持 | 预期未来 6 个月内股价相对行业指数涨幅介于 5%~15% 之间 | 中性 | 预期未来 6 个月内行业整体表现与市场同步 | | 持有 ...

证券代码：603516 证券简称：淳中科技 公告编号：2024-041 北京淳中科技股份有限公司 关于以集中竞价交易方式回购公司股份实施结果 暨股份变动公告 本公司及董事会全体成员保证公告内容不存在虚假记载、误导性陈述或 者重大遗漏，并对其内容的真实、准确和完整承担个别及连带责任。 一、 回购审批情况和回购方案内容 公司于 2024 年 1 月 31 日召开第三届董事会第二十五次会议，审议通过了《关 于以集中竞价交易方式回购公司股份方案的议案》，同意公司使用自有资金以集 中竞价交易的方式回购公司股份（以下简称"本次回购"）。 本次回购的公司股份拟用于股权激励计划或员工持股计划；回购资金总额不 低于人民币 2,000 万元（含），不超过人民币 4,000 万元（含）；回购价格不超过 人民币 30 元/股（含）；回购期限自董事会审议通过本次回购方案之日起 12 个月 内；回购资金来源为公司自有资金。具体内容详见公司分别于 2024 年 2 月 1 日 和 2024 年 2 月 2 日在上海证券交易所网站（www.sse.com.cn）及指定媒体披露 的《关于以集中竞价交易方式回购股份方案的公告》（公告编号：202 ...

Investment Rating - The report maintains a "Buy" investment rating for the company, indicating a projected increase in stock price relative to the market index [30][39]. Core Insights - The company reported a revenue of 499 million yuan for 2023, representing a year-on-year growth of 31.03%. However, the net profit attributable to shareholders decreased by 41.50% to 17.48 million yuan due to a significant decline in gross margin and increased operating expenses [8][30]. - The launch of three self-developed chips is expected to enhance performance and solidify market position. These chips include the "Han Huo" LED chip, the "Zeus" audio-video processing chip, and the "Thunder God" human-computer interaction chip, which are anticipated to contribute significantly to future revenue [12][32][33]. - The company has established a direct supply relationship with a well-known international technology firm, which is expected to create a new growth curve for the business [33]. Summary by Sections Financial Performance - For 2023, the company achieved a revenue of 499 million yuan, with a growth rate of 31.0%. The net profit was 17 million yuan, reflecting a decline of 40.4% [16]. - The gross margin decreased by 8.1 percentage points to 43.52%, primarily due to the introduction of low-margin virtual reality products [30]. - Operating expenses increased, with sales, management, R&D, and financial expenses rising by 19.97%, 12.50%, 12.48%, and 6.72% respectively [30]. Product Development - The company launched three self-developed chips: 1. "Han Huo" - an innovative LED chip that integrates multiple functions into one, potentially increasing revenue significantly if successful [13]. 2. "Zeus" - a domestically produced ASIC chip aimed at enhancing competitiveness in the audio-video control market [32]. 3. "Thunder God" - a chip for human-computer interaction, applicable in various industries [32]. Future Projections - The company forecasts net profits of 142 million yuan, 274 million yuan, and 395 million yuan for 2024, 2025, and 2026 respectively, with corresponding EPS of 0.70, 1.35, and 1.95 yuan [16][30]. - The current stock price corresponds to a PE ratio of 44, 23, and 16 for the years 2024, 2025, and 2026 [30].

Investment Rating - The investment rating for the company is "Buy" (maintained) [1][18]. Core Insights - The company has established a partnership with the internationally renowned AI computing leader, Company N, which opens up significant growth opportunities. The collaboration allows the company to supply various testing and detection platforms, including liquid cooling testing platforms and AI-based detection platforms, thereby expanding its long-term growth potential [3]. - The successful launch of three new chip products, including the "Coollights LDV4045," "Zeus0108," and "Thor ULC32A," enhances the company's technological leadership in the industry. These products are expected to contribute to the company's competitive advantage [4]. - The company reported a significant increase in revenue, achieving 499 million yuan in 2023, a year-on-year growth of 31.03%. However, the net profit attributable to the parent company decreased by 41.50% to 17 million yuan due to various factors [31]. Financial Summary - The company's revenue is projected to grow from 499 million yuan in 2023 to 664 million yuan in 2024, reflecting a year-on-year increase of 33.1% [6]. - The net profit attributable to the parent company is expected to rebound significantly to 130 million yuan in 2024, representing a growth of 641.3% compared to 2023 [6]. - The gross margin is forecasted to improve slightly from 43.5% in 2023 to 49.0% in 2024, while the net margin is expected to rise from 3.5% to 19.5% in the same period [6]. - The company's earnings per share (EPS) is projected to increase from 0.09 yuan in 2023 to 0.64 yuan in 2024, with a corresponding price-to-earnings (P/E) ratio decreasing from 354.3 to 47.8 [6][27].