北京盈科（上海）律师事务所 关于 西上海汽车服务股份有限公司 回购注销 2022 年限制性股票激励计划 部分限制性股票 之 法律意见书 地址：上海市静安区江场三路 181 号盈科律师大厦 电话：021-36697888 传真：021-36697889 邮编：200436 北京盈科（上海）律师事务所 法律意见书 北京盈科（上海）律师事务所 关于西上海汽车服务股份有限公司 回购注销 2022 年限制性股票激励计划部分限制性股票之 法律意见书 致：西上海汽车服务股份有限公司 北京盈科（上海）律师事务所（以下简称"本所"）是具有中华人民共和国 （以下简称"中国"）法律执业资格的律师事务所，接受西上海汽车服务股份有 限公司（以下简称"西上海"或"公司"）的委托，并根据公司与本所签订的《聘 请专项法律顾问合同》，作为公司实行 2022 年限制性股票激励计划（以下称"本 次激励计划"）特聘专项法律顾问，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》"）以及中国证券监督 管理委员会（以下简称"中国证监会"）颁布的《上市公司股权激励管理办法》 （以下简称"《管理办法》" ...

国泰海通证券股份有限公司 关于西上海汽车服务股份有限公司 补充确认使用闲置募集资金办理银行通知存款业务 的核查意见 国泰海通证券股份有限公司（以下简称"国泰海通"或"保荐机构"）作为 西上海汽车服务股份有限公司（以下简称"西上海"或"公司"）的持续督导机 构，根据《证券发行上市保荐业务管理办法》《上市公司监管指引第 2 号——上 市公司募集资金管理和使用的监管要求》《上海证券交易所上市公司自律监管指 引第 1 号——规范运作》及相关格式指引等相关规定，对西上海补充确认使用闲 置募集资金办理银行通知存款业务进行了审慎核查，具体情况如下： 一、募集资金基本情况 | 项目 | 变更前 | 变更后 | | --- | --- | --- | | 项目名称 | 乘用车立体智能分拨中心（立 体库）扩建项目 | 西上海汽车智能制造园项目 | | 实施主体 | 上海蕴尚实业有限公司 | 合肥智汇供应链有限公司 | | 建设地点 | 上海市嘉定区，东至百安路， 西至吴塘河，南至恒谐路，北 至恒裕路。 | 合肥市新桥智能电动汽车产 业园，为新征用地，地块东至 | | | | 昌北路，南侧为其他用地，西 | | | | 至机场东路 ...

Core Insights - The company demonstrated strong resilience and potential in a challenging market environment, achieving a revenue of 1.619 billion yuan in 2024, a year-on-year increase of 26.92%, and a net profit of 35.0074 million yuan [1] - The company plans to distribute a cash dividend of 0.80 yuan per 10 shares to all shareholders [1] Group 1: Strategic Development - In 2024, the company strategically acquired 83.401% of Wuhan Yuanfeng Automotive Parts Co., expanding its product line to include disc brake products, thereby enhancing its manufacturing capabilities for both passenger and commercial vehicles [2] - The company seized opportunities in the new energy vehicle sector, adding 61 new customer projects, with an expected annual sales total close to 900 million yuan [2] Group 2: Efficiency Improvement - The company focused on process innovation and intelligent transformation by introducing new technologies and automated assembly equipment, leading to a fully automated production process for blow-molded parts [3] - Technical upgrades resulted in significant reductions in labor, material, and energy costs, while also improving product gross margins and production efficiency [3] Group 3: Operational Excellence - The company implemented lean management practices to enhance operational efficiency through organizational restructuring, budget control, and cost reduction measures [4] - Completion of the second phase of information technology construction allowed for comprehensive process management and improved synergy in production cost reduction [4] Group 4: Employee Engagement - The company launched its first employee stock ownership plan post-listing, using 77.2024 million yuan to repurchase shares, aligning the career growth of core employees with the company's strategic goals [5] - An innovative core management team investment mechanism was introduced to focus on strategic investment projects, enhancing governance structure and driving sustainable development [5] Group 5: Future Outlook - For 2025, the company aims to enhance core business quality, extend industry layout, and prioritize technological upgrades while improving management efficiency and resource optimization [5]

章 程 二○二五年四月 | | | 西上海汽车服务股份有限公司 | | | 西上海汽车服务股份有限公司 公司章程 西上海汽车服务股份有限公司章程 第一章 总 则 第一条 为确立西上海汽车服务股份有限公司（以下简称"公司"）的法律地位， 维护公司、股东和债权人的合法权益，规范公司的组织和行为，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》）和其他有关规定，制订本章程。 第二条 公司系依照《公司法》和其他有关规定成立的股份有限公司。 公司由原上海西上海集团汽车服务有限公司经整体变更方式发起设立而成；在上 海市市场监督管理局注册登记，取得营业执照，营业执照号 91310000741167473L。 第三条 公司于 2020 年 10 月 21 日经中国证券监督管理委员会（以下简称"中国 证监会"）证监许可[2020]2649 号核准，首次向社会公众发行人民币普通股 3,334 万 股，于 2020 年 12 月 15 日在上海证券交易所上市。 第 四 条 公 司 注 册 名 称 ： 西 上 海 汽 车 服 务 股 份 有 限 公 司 （ West Shangha ...

西上海汽车服务股份有限公司 2024年度独立董事述职报告 （左新宇） 作为西上海汽车服务股份有限公司（以下简称"公司"）的独立董事，报告 期内，我严格按照《公司法》《证券法》《上市公司独立董事管理办法》《上海证 券交易所股票上市规则》《上海证券交易所上市公司自律监管指引第 1 号——规 范运作》等法律、法规及《公司章程》的有关规定，独立、诚信、勤勉地履行职 责，积极出席相关会议，认真审议董事会各项议案，对公司重大事项发表了独立 意见，切实维护公司和公众股东的合法权益，促进公司规范运作，充分发挥了独 立董事及专门委员会的作用。 左新宇，男，1977年12月出生，中国国籍，无境外永久居留权，硕士研究生 学历。2006年至今，就职于中国物流与采购联合会，现任中国物流与采购联合会 汽车物流分会执行副会长等职务。2022年5月至今，担任三羊马（重庆）物流股 份有限公司、江苏海晨物流股份有限公司独立董事。2021年5月至今，担任公司 独立董事。 （二）关于独立性的情况说明 本人作为公司独立董事，符合中国证监会《上市公司独立董事管理办法》规 定的独立性要求，不存在影响独立性的情况。 二、 独立董事年度履职概况 （一）出席董 ...

西上海汽车服务股份有限公司 2024年度独立董事述职报告 （吴坚） 本人作为西上海汽车服务股份有限公司（以下简称"公司"）的独立董事， 在2024年度严格遵守《公司法》《证券法》《上市公司治理准则》等法律、法规以 及《独立董事工作制度》《公司章程》等相关规定，本着尽职尽责、谨慎勤勉的 工作态度，认真履行独立董事的职责，积极出席公司相关会议，审议董事会各项 议案，并按规定对公司相关事项发表了独立、客观、公正的意见，积极发挥参与 决策、监督制衡、专业咨询作用，切实维护了公司和全体股东的利益。现就2024 年度履职情况报告如下： 一、 独立董事的基本情况 （一）工作履历、专业背景以及兼职情况 吴坚，男，1968年3月出生，中国国籍，无境外永久居留权，研究生学历， 上海市第十六届人民代表大会代表。曾任上海市计划委员会上海物价局助理经济 师；美国麦当劳中国发展公司法律顾问；上海市律师协会理事。1993年至今，就 职于上海段和段律师事务所，任党总支书记、全球总部理事会副主席。2018年12 月至今，担任上海仪电（集团）有限公司董事。2019年12月至今，担任上海浦东 发展银行股份有限公司外部监事。2020年6月至今，担任 ...

西上海汽车服务股份有限公司 （一）独立董事简历 袁树民，男，1951年2月出生，中国国籍，无境外永久居留权，博士研究生 学历。1983年参加工作以来，历任上海财经大学会计学系助教、讲师、副教授、 教授、副院长，上海财经大学成人教育学院常务副院长、院长、教授、博士生导 师，上海金融学院会计学院院长，上海杉达学院总会计师等职。2014年5月至今， 担任上海交大慧谷信息产业股份有限公司独立非执行董事。2015年6月至今，担 任用友汽车信息科技（上海）股份有限公司监事。2017年7月至2023年9月，担任 上海雅仕投资发展股份有限公司独立董事。2020年2月至今，担任华丽家族股份 有限公司独立董事。2023年12月至今，担任科泰电源股份有限公司独立董事。2021 年5月至今，担任公司独立董事。。 （二）关于独立性的情况说明 2024年度独立董事述职报告 （袁树民） 作为西上海汽车服务股份有限公司（以下简称"公司"）的独立董事，报告 期内，我严格按照《公司法》《证券法》《上市公司独立董事管理办法》《上海证 券交易所股票上市规则》《上海证券交易所上市公司自律监管指引第 1 号——规 范运作》等法律、法规及《公司章程》的有 ...

一、主要会计数据和财务指标 前十大流通股东累计持有： 9699.25万股，累计占流通股比： 72.08%，较上期变化： 220.63万股。 | 名称 | 持有数量(万股) | 占总股本比例 (%) | 增减情况(万 股) | | --- | --- | --- | --- | | 曹抗美 | 2514.26 | 18.69 | 不变 | | 上海汇嘉创业投资有限公司 | 1581.36 | 11.75 | 不变 | | 上海安亭实业发展有限公司 | 1130.66 | 8.40 | 不变 | | 吴建良 | 977.77 | 7.27 | 不变 | | 朱燕阳 | 760.29 | 5.65 | 不变 | | 江华 | 558.73 | 4.15 | 不变 | | 戴华淼 | 558.73 | 4.15 | 不变 | | 陈德兴 | 558.73 | 4.15 | 不变 | | 卜晓明 | 558.73 | 4.15 | 不变 | | 西上海（605151）汽车服务股份有限公司-2024年员工 | | | | | 持股计划 | 499.99 | 3.72 | 新进 | | 较上个报告期退出前十大股东有 | | ...

Financial Performance - The company's operating revenue for 2024 reached ¥1,619,096,722.39, representing a 26.92% increase compared to ¥1,275,672,393.58 in 2023[21]. - The net profit attributable to shareholders decreased by 71.01% to ¥35,007,402.17 in 2024 from ¥120,776,265.58 in 2023[21]. - Basic earnings per share fell by 71.11% to ¥0.26 in 2024, down from ¥0.90 in 2023[22]. - The total assets increased by 36.64% to ¥2,875,043,916.50 at the end of 2024, compared to ¥2,104,095,965.28 at the end of 2023[21]. - The net cash flow from operating activities was negative at -¥18,702,322.46 in 2024, a decline of 133.01% from ¥56,657,371.07 in 2023[21]. - The weighted average return on equity decreased by 6.47 percentage points to 2.52% in 2024 from 8.99% in 2023[22]. - The company reported a net profit of -¥15,416,504.72 in Q4 2024, a significant decline compared to previous quarters[27]. - Non-operating income from government subsidies amounted to ¥2,182,179.06 in 2024, down from ¥9,059,997.48 in 2023[26]. - The company’s net assets attributable to shareholders decreased by 1.91% to ¥1,357,515,492.81 at the end of 2024 from ¥1,383,992,591.10 at the end of 2023[21]. Dividend Distribution - The company plans to distribute a cash dividend of RMB 0.80 per share, totaling RMB 10,822,136.00, based on a total share capital of 135,276,700 shares as of December 31, 2024[4]. - The company has not proposed any stock bonus or capital reserve transfer to increase share capital in the current profit distribution plan[4]. - The cash dividend amount represents 30.91% of the net profit attributable to ordinary shareholders in the consolidated financial statements, which is RMB 35,007,402.17[179]. - Over the last three accounting years, the cumulative cash dividend amount (including tax) reached RMB 89,313,278.19, with a cash dividend ratio of 98.75% based on the average annual net profit of RMB 90,446,471.94[181]. - The company has established a cash dividend policy that mandates a minimum of 10% of the distributable profit to be distributed as cash dividends each year[173]. - The profit distribution plan for 2024 is subject to approval at the annual shareholders' meeting[176]. Corporate Governance - The company has maintained its commitment to transparency, with all board members present at the meeting to ensure the accuracy of the annual report[3]. - The company has established a robust internal control management system, maintaining effective financial reporting controls without significant deficiencies[139]. - The actual controller's behavior is regulated, ensuring independence in assets, personnel, finance, and operations from the controlling shareholder[140]. - The company has implemented a long-term mechanism to prevent fund occupation by the controlling shareholder and its affiliates[141]. - The company has developed a management system for insider information to enhance trading prevention awareness and maintain fair disclosure[138]. - The company held 2 shareholder meetings during the reporting period, ensuring all shareholders had equal rights and obligations[136]. - The board of directors convened 11 times, adhering to legal requirements and ensuring independent decision-making[137]. - The supervisory board met 9 times, with no instances of rejecting board resolutions or discovering inaccuracies in financial reports[138]. Risk Management - The company has outlined potential risks in its future development, which are detailed in the management discussion section of the report[6]. - The company faces risks from macroeconomic fluctuations and the cyclical nature of the automotive industry[127]. - The company will implement a multi-dimensional defense system to mitigate the impact of economic cycles on its business[128]. - The company is addressing the risk of accounts receivable and goodwill impairment due to potential financial difficulties of clients[130]. - The company is committed to enhancing management efficiency and internal controls to address operational risks[132]. Strategic Initiatives - The company acquired 83.401% of Wuhan Yuanfeng Automotive Parts Co., expanding its product line to include disc brake products and enhancing its manufacturing capabilities[34]. - In 2024, the company added 61 new customer projects in the supply chain, with an expected annual sales total of nearly RMB 900 million[34]. - Significant investments were made in new processes and automation equipment, improving production efficiency and reducing costs, leading to higher gross margins[35]. - The company aims to achieve an annual revenue of 1.6 billion yuan and a total profit of 60 million yuan by 2025[124]. - The company plans to enhance asset operation capabilities and optimize production layout to improve core competitiveness[125]. - The company will focus on expanding its business scale and product positioning within the automotive supply chain[124]. - The company is transitioning towards "smart logistics" by integrating advanced information technology[122]. Environmental Compliance - The company has implemented a comprehensive environmental protection mechanism, with wastewater discharge meeting the Class III discharge standards as per GB8979-1996[191][198]. - In 2024, the company conducted environmental monitoring, with all wastewater pollutants meeting the required discharge standards, including chemical oxygen demand below 500 mg/L and ammonia nitrogen below 45 mg/L[197][198]. - The company’s noise monitoring results showed compliance with the Class 2 standards of GB12348-2008, with all measured points below the specified limits[199]. - The company has not faced any administrative penalties due to environmental issues during the reporting period[200]. - The company has developed emergency response plans for environmental incidents, with regular drills to improve response capabilities[196]. Research and Development - Research and development expenses increased by 22.51% to 56,921,767.42 CNY, reflecting the company's commitment to innovation[72]. - The company employs a synchronous development model for R&D, allowing for timely product launches that meet customer specifications and market demands[52]. - The company has a strong focus on innovation and collaboration with industry experts and academic institutions to advance its R&D capabilities[53]. - The company has established a salary management system based on job roles, with performance-based pay linked to company performance and assessment results[170]. Employee Relations - The company has a systematic employee training management system that includes various training programs for different employee levels[171]. - The company emphasizes the importance of employee loyalty and skill proficiency through specialized education and activities[171]. - The company plans to implement an employee stock ownership plan for 2024, with related management measures to be discussed in future meetings[157]. - The company has established a mechanism for evaluating senior management and implementing incentive measures[186].

Financial Performance - The company's operating revenue for Q1 2025 was ¥370,811,869.64, representing a 40.61% increase compared to ¥263,707,684.22 in the same period last year[5] - The net profit attributable to shareholders of the listed company was -¥7,661,121.95, a decrease of 131.55% from ¥24,283,376.93 in the previous year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥9,278,588.44, down 151.08% from ¥18,163,169.53 year-on-year[5] - The basic and diluted earnings per share were both -¥0.06, a decline of 133.33% compared to ¥0.18 in the same period last year[5] - The decline in net profit was mainly due to intensified competition and a decrease in gross profit margins within the industry[5] - Total operating revenue for Q1 2025 reached ¥370,811,869.64, a significant increase of 40.7% compared to ¥263,707,684.22 in Q1 2024[17] - Net profit for Q1 2025 was -¥2,378,359.02, a decline from a net profit of ¥27,272,498.36 in Q1 2024[18] - The company reported a basic and diluted earnings per share of -¥0.06 for Q1 2025, compared to ¥0.18 in Q1 2024[19] Cash Flow - The net cash flow from operating activities was -¥24,334,520.14, compared to -¥29,165,498.01 in the same period last year, indicating an improvement[5] - Cash inflow from operating activities in Q1 2025 was ¥443,817,226.21, an increase from ¥313,750,323.11 in Q1 2024[20] - Cash outflow from operating activities for Q1 2025 totaled ¥468,151,746.35, compared to ¥342,915,821.12 in Q1 2024[20] - The net cash flow from investment activities was -$18.23 million, compared to -$75.50 million in the prior period, indicating a significant reduction in losses[21] - The total net decrease in cash and cash equivalents was -$58.40 million, compared to -$109.54 million in the previous period[21] - The ending balance of cash and cash equivalents was $228.92 million, up from $117.66 million year-over-year[21] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,933,663,806.62, an increase of 2.04% from ¥2,875,043,916.50 at the end of the previous year[6] - Current assets totaled RMB 2,071,865,165.84, slightly up from RMB 2,040,119,989.97, indicating an increase of about 1.63%[14] - Total liabilities reached RMB 1,440,730,542.53, up from RMB 1,378,419,195.32, reflecting an increase of about 4.51%[15] - The company's equity attributable to shareholders decreased slightly to RMB 1,354,891,819.48 from RMB 1,357,515,492.81, a decline of about 0.12%[15] - The company’s total equity was ¥1,492,933,264.09 at the end of Q1 2025, slightly down from ¥1,496,624,721.18 at the end of Q1 2024[16] Operational Highlights - The increase in operating revenue was attributed to the inclusion of revenue from a newly consolidated subsidiary acquired in April of the previous year[5] - The company reported non-recurring gains of ¥1,617,466.49, primarily from government subsidies and investment income[8] - Research and development expenses for Q1 2025 were ¥16,620,570.16, up 29.0% from ¥12,879,388.37 in Q1 2024[17] - The company recorded a credit impairment loss of ¥2,412,664.97 in Q1 2025, compared to a gain of -¥794,624.63 in Q1 2024[18] - The company reported a significant increase in prepayments, which rose to RMB 25,315,209.01 from RMB 9,893,381.66, reflecting a growth of approximately 156.86%[13] Shareholder Information - The company has a total of 10 major shareholders, with the largest shareholder holding 25,142,590 shares, representing 18.59% of total shares[11] Future Outlook - The company plans to implement new accounting standards starting in 2025, which may affect financial reporting[21]