| 九、结论意见 25 | | --- | 北京市天元律师事务所 关于江苏利通电子股份有限公司 2025 年限制性股票激励计划 的法律意见 北京市天元律师事务所 北京市西城区金融大街 35 号国际企业大厦 A 座 509 单元 邮编：100033 释 义 除非本法律意见中另有说明，下列词语在本法律意见中的含义如下： 北京市天元律师事务所 关于江苏利通电子股份有限公司 2025年限制性股票激励计划的法律意见 京天股字（2025）第553号 致：江苏利通电子股份有限公司 北京市天元律师事务所接受江苏利通电子股份有限公司的委托，担任公司 2025 年限制性股票激励计划的专项中国法律顾问并出具法律意见。 本所及经办律师依据《公司法》《证券法》《管理办法》《律师事务所从事 证券法律业务管理办法》《律师事务所证券法律业务执业规则（试行）》等法律、 法规和中国证监会的有关规定及本法律意见出具日以前已经发生或者存在的事实， 按照律师行业公认的业务标准、道德规范和勤勉尽责的精神，出具本法律意见。 | 利通电子、公司、上市 | 指 | 江苏利通电子股份有限公司 | | --- | --- | --- | | 公司 | | | | ...

Financial Performance - The net profit attributable to the shareholders of Jiangsu Lettall Electronic Co., Ltd. for the first half of 2025 is RMB 51.08 million, with a distributable profit of RMB 347.17 million as of the end of the reporting period[6]. - The company's operating revenue for the first half of the year reached ¥1,516,253,281.04, representing a 70.67% increase compared to ¥888,424,771.83 in the same period last year[23]. - The net profit attributable to shareholders was ¥51,079,176.76, up 21.78% from ¥41,945,131.04 year-on-year[23]. - Basic earnings per share increased by 25.00% to ¥0.20 from ¥0.16 in the previous year[22]. - The net cash flow from operating activities improved significantly to ¥308,824,725.43, a 158.97% increase from a negative cash flow of -¥523,694,770.00 in the same period last year[23]. - The company's overall revenue for the reporting period reached CNY 1,516.25 million, a year-on-year increase of 70.67%, with a net profit attributable to shareholders of CNY 51.08 million, up 21.78%[34]. Dividend Distribution - The company plans to distribute a cash dividend of RMB 0.80 per 10 shares (including tax), resulting in a total cash dividend payout of RMB 20.69 million, which represents 40.51% of the net profit attributable to shareholders for the first half of 2025[6]. - The company has authorized the board to formulate and implement the mid-term dividend plan for 2025, in line with the shareholders' meeting authorization[66]. - The company’s profit distribution policy emphasizes reasonable returns to investors, with cash dividends proposed annually based on earnings and financial needs[92]. Risks and Challenges - The company has not identified any significant risks that could materially affect its operations during the reporting period[8]. - The liquid crystal television manufacturing sector remains under pressure due to low market demand and profitability challenges[31]. - The company faces risks from high customer concentration, which could significantly impact performance in case of defaults[61]. - The AI computing power business is experiencing intensified market competition, potentially leading to reduced gross margins[61]. - There is a risk of inventory impairment due to the company's large inventory amount, which could negatively impact operational results if market conditions change significantly[66]. - The company has a risk of supply chain disruption due to the monopolistic nature of GPU chip supply, which is critical for AI servers[62]. Research and Development - R&D expenses rose by 72.36% to ¥50,531,693.31, driven by increased investment in new product development and computing power projects[48]. - The company has a comprehensive R&D system, including a technical engineering center and a mold design department, enabling it to develop and produce precision metal components efficiently[45]. - Research and development (R&D) expenses include personnel costs, which encompass salaries and various insurance contributions for R&D staff[200]. Market and Industry Trends - The AI computing power industry is experiencing rapid growth, driven by increasing demand for model training and inference applications[29]. - The company aims to enhance the added value of its AI computing services through technological capabilities and explore personalized services and resource scheduling[30]. Financial Position - The company's total assets decreased by 1.97% to ¥5,815,386,715.57 from ¥5,932,482,789.59 at the end of the previous year[23]. - The total assets at the end of the reporting period amounted to ¥5,817,000,000, with overseas assets accounting for 25.51% of total assets, valued at ¥1,483,366,781.74[52]. - The company's total equity increased to CNY 1,727,674,267.95 from CNY 1,662,175,297.99, marking a growth of approximately 3.9%[125]. Shareholder Information - The actual controllers hold a total of 127.98 million shares, accounting for 49.24% of the company's total equity at the end of the reporting period[63]. - The largest shareholder, Shao Shuwei, holds 94,891,440 shares, representing 36.51% of the total shares[116]. - The company has a total of 5,130,000 restricted shares, with 1,612,000 shares released during the reporting period[113]. Guarantees and Liabilities - The total amount of guarantees provided by the company, excluding guarantees to subsidiaries, is CNY 103,121.97 million, which accounts for 59.86% of the company's net assets[107]. - The company plans to provide a guarantee of up to CNY 1.5 billion for Century Litong's credit business and daily operations[108]. - The total liabilities decreased to CNY 4,087,712,447.62 from CNY 4,270,307,491.60, showing a reduction of about 4.3%[125]. Compliance and Governance - The company has established measures to avoid competition with controlling shareholders, ensuring long-term stability[98]. - The company has implemented strict regulations on related party transactions to protect shareholder interests[101]. - The company will not increase salaries or allowances for directors and senior management until all negative impacts of unfulfilled commitments are resolved[88]. Financial Reporting and Accounting - The financial statements are prepared in accordance with the enterprise accounting standards, reflecting the company's financial position and operating results accurately[155]. - The company recognizes loss provisions for financial instruments based on significant increases in credit risk since initial recognition[174]. - The company employs a perpetual inventory system for inventory management[183].

江苏利通电子股份有限公司 2025 年限制性股票激励计划实施考核管理办法 江苏利通电子股份有限公司（以下简称"公司"）为了进一步建立、健全公 司长效激励约束机制，形成良好均衡的价值分配体系，吸引和留住优秀人才，充 分调动公司（含控股子公司、分公司，下同）高级管理人员、中层管理人员及核 心骨干的工作积极性，有效地将公司利益、股东利益和核心团队个人利益结合在 一起，使各方共同关注公司的长远发展，制定了《江苏利通电子股份有限公司2025 年限制性股票激励计划（草案）》（以下简称"本激励计划"）。 （二）公司人力资源部在董事会薪酬与考核委员会的指导下负责具体的考核 工作，保存考核结果，并在此基础上形成绩效考核报告上交董事会薪酬与考核委 员会。 为完善公司的法人治理结构，保证本激励计划的顺利实施，现根据《中华人 民共和国公司法》《中华人民共和国证券法》《上市公司股权激励管理办法》等 有关法律、法规、规范性文件和《江苏利通电子股份有限公司章程》等的规定， 结合公司实际情况，特制订《江苏利通电子股份有限公司2025年限制性股票激励 计划实施考核管理办法》（以下简称"本办法"）。 一、考核目的 为进一步完善公司法人治理结构， ...

Meeting Overview - The board of directors and all directors guarantee that the announcement contains no false records, misleading statements, or significant omissions, and they bear legal responsibility for its authenticity, accuracy, and completeness [1] - The meeting was held on August 22, 2025, at the administrative building of Jiangsu Litong Electronics Co., Ltd. in Yixing City, Jiangsu Province [1] - The meeting was convened by the board of directors and chaired by Mr. Shao Shuwei, with a combination of on-site and online voting [2] Voting Results - There was a resolution that was not passed due to a misunderstanding of the cumulative voting rules by the controlling shareholder, Mr. Shao Shuwei, who mistakenly cast the cumulative vote as one vote [1] - The company plans to re-evaluate the proposal at a later date [1] - The voting process and results complied with the Company Law and the company's articles of association [2] Attendance - All six current directors attended the meeting, with the chairman participating via telecommunication [3] - All five current supervisors attended, with one supervisor participating via telecommunication [3] - The board secretary and the financial director were present, along with other senior executives [3] Proposal Review - The meeting reviewed proposals, including the election of a non-independent director, with no special resolutions presented [4] - A separate vote was conducted for the proposal concerning small and medium investors [4] Legal Witness - The meeting was witnessed by Beijing Tianyuan Law Firm, with lawyers providing legal opinions confirming the legality of the meeting's procedures and results [5] - The legal opinions were signed and stamped by the law firm's director [5]

江苏利通电子股份有限公司 2025年第二次临时股东会决议公告 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。 证券代码：603629 证券简称：利通电子 公告编号：2025-041 重要内容提示： 一、会议召开和出席情况 (一)股东会召开的时间：2025 年 8 月 22 日 (二)股东会召开的地点：江苏省宜兴市徐舍工业集中区徐丰路 8 号江苏利通电子 股份有限公司行政楼一楼董事会会议室 (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 | 229 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 125,508,914 | | 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（%） | 48.2856 | 本次会议是否有否决议案：有 公司控股股东、实控人邵树伟先生对线上表决投票系统累积投票规则理解有 误，导致投票操作失误，误将累计投票的投票数量投为 1 票，因此导致本次 议案未通过。公司将重新择机审议本 ...

北京市天元律师事务所 关于江苏利通电子股份有限公司 2025 年第二次临时股东会的法律意见 京天股字（2025）第 530 号 致：江苏利通电子股份有限公司 江苏利通电子股份有限公司（以下简称"公司"）2025 年第二次临时股东会（以 下简称"本次股东会"）采取现场投票与网络投票相结合的方式，现场会议于 2025 年 8 月 22 日在江苏省宜兴市徐舍工业集中区徐丰路 8 号公司行政楼一楼董事会会议 室召开。北京市天元律师事务所（以下简称"本所"）接受公司聘任，指派本所律 师参加本次股东会现场会议，并根据《中华人民共和国公司法》《中华人民共和国 证券法》（以下简称"《证券法》"）、《上市公司股东会规则》（以下简称"《股 东会规则》"）以及《江苏利通电子股份有限公司章程》（以下简称"《公司章程》"） 等有关规定，就本次股东会的召集、召开程序、出席现场会议人员的资格、召集人 资格、会议表决程序及表决结果等事项出具本法律意见。 为出具本法律意见，本所律师审查了《江苏利通电子股份有限公司第三届董事 会第二十一次会议决议公告》《江苏利通电子股份有限公司关于召开 2025 年第二次 临时股东会的通知》（以下简称"《召开股 ...

Group 1 - The stock price of Litong Electronics closed at 25.11 yuan on August 19, 2025, an increase of 1.13% from the previous trading day [1] - The trading volume on that day was 187,317 hands, with a transaction amount of 471 million yuan, resulting in a turnover rate of 7.31% [1] - The company's latest total market capitalization is 6.527 billion yuan, and the circulating market capitalization is 6.439 billion yuan [1] Group 2 - Litong Electronics specializes in the manufacturing of electronic components, with products widely used in consumer electronics and other fields [1] - On August 19, the company announced a strategic partnership with Super Fusion for the research and development of liquid cooling products, indicating ongoing discussions and evaluations of related products [1] - The company cautioned that this collaboration is part of future new product exploration efforts and carries significant uncertainty [1]

每经AI快讯，有投资者在投资者互动平台提问：2024年5月公司与超聚变数字技术有限公司签署《战略 合作协议》约定共同打造国内 GPU 设备生产供应链并全力推动液冷 GPU 设备的联合开发实验，烦请详 细介绍下该战略合作协议的情况（液冷GPU设备），谢谢！ 利通电子（603629.SH）8月19日在投资者互动平台表示，公司在液冷产品研发方面与超聚变建立了战 略合作关系，并对相关产品进行论证与研讨。这种合作是公司对未来新产品探索工作的一部分，有很大 的不确定性。 （文章来源：每日经济新闻） ...

格隆汇8月19日丨利通电子(603629.SH)在投资者互动平台表示，公司在液冷产品研发方面与超聚变建立 了战略合作关系，并对相关产品进行论证与研讨。这种合作是公司对未来新产品探索工作的一部分，有 很大的不确定性。 ...

Core Insights - The stock price of Lito Electronics (603629) closed at 24.36 CNY on August 15, 2025, reflecting a 0.7% increase with a turnover rate of 4.13% and a trading volume of 105,900 lots, amounting to 258 million CNY in transaction value [1] Financial Performance - For Q1 2025, Lito Electronics reported total revenue of 704 million CNY, representing a year-on-year growth of 64.62%. However, the net profit attributable to shareholders was 29.45 million CNY, a decrease of 11.01% year-on-year. The non-recurring net profit was 28.98 million CNY, down 1.90% year-on-year [1] - The company's liquidity ratios include a current ratio of 0.831 and a quick ratio of 0.670, with a debt-to-asset ratio of 71.66% [1] Company Background - Lito Electronics, established in 1980 and located in Wuxi City, primarily engages in the manufacturing of computers, communications, and other electronic devices. The company has a registered capital of 259.93 million CNY and a paid-in capital of 48.41 million CNY. The legal representative is Shao Shuwei [1] - The company has made investments in 18 enterprises and participated in 19 bidding projects. It holds 7 trademark registrations and 155 patents, along with 70 administrative licenses [2]