国枫律证字[2024]AN035-25号 GRANDWAY 北京国枫律师事务所 Grandway Law Offices 北京市东城区建国门内大街 26 号新闻大厦 7 层 邮编: 100005 电话 (Tel) : 010-88004488/66090088 传真 (Fax) : 010-66090016 北京国枫律师事务所 关于昆山沪光汽车电器股份有限公司 向特定对象发行股票之发行过程和认购对象合规性 的专项法律意见书 北京国枫律师事务所 关于昆山沪光汽车电器股份有限公司 向特定对象发行股票之发行过程和认购对象合规性 的专项法律意见书 国枫律证字[2024] AN035-25号 致: 昆山沪光汽车电器股份有限公司（发行人） 根据北京国枫律师事务所(以下简称"本所")与发行人签订的《律师服务 协议书》,本所接受发行人的委托,担任发行人 2024年度向特定对象发行 A 股 股票(以下简称"本次发行")的专项法律顾问,并据此对发行人本次发行的发 行过程和认购对象合规性发表法律意见。 本所律师根据《中华人民共和国证券法》《中华人民共和国公司法》《上市 公司证券发行注册管理办法》(以下简称"《注册管理办法》")、《 ...

昆山沪光汽车电器股份有限公司 验资报告 > 信会师报字[2025]第 ZB11709 号 您可使用手机"扫一扫"或进入"注册会计师行业统一监管平台（http://ace.mof.gov.cn）"进行至 。 "进行"注册会计师行业统一监管平台（http://acc.mof.gov.cn）"进行营 " : 立 y 立信会计师事务所(特殊普通合伙) DO CHINA SHU LUN PAN CERTIFIED PUBLIC ACCOUNTANTS LLP 验 资 报 告 信会师报字[2025]第 ZB11709 号 昆山沪光汽车电器股份有限公司: 我们接受委托,审验了昆山沪光汽车电器股份有限公司(以 下简称"贵公司"）截至 2025年9月25 日止新增注册资本及股 本情况。按照法律法规以及协议、章程的要求出资,提供真实、 合法、完整的验资资料,保护资产的安全、完整是全体股东及 贵公司的责任。我们的责任是对贵公司新增注册资本及股本情 况发表审验意见。我们的审验是依据《中国注册会计师审计准 则第 1602 号 -- 验资》进行的。在审验过程中,我们结合贵公 司的实际情况,实施了检查等必要的审验程序。 贵公司原注册资本为 ...

中信建投证券股份有限公司（以下简称"中信建投证券"、"保荐人"）作为 沪光股份本次向特定对象发行股票的保荐人（主承销商），对发行人本次发行过 程及认购对象的合规性进行了核查，认为沪光股份本次发行过程及认购对象符合 《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》"）、《上市公司证券发行注册管理办法》（以下简称"《注 册办法》"）、《证券发行与承销管理办法》（以下简称"《管理办法》"）和《上海证 券交易所上市公司证券发行与承销业务实施细则》（以下简称"《实施细则》"）等 有关法律、法规、规章制度的要求及沪光股份有关本次发行的董事会、股东大会 决议，现将本次发行的有关情况报告如下： 一、本次发行概况 （一）发行股票的种类和面值 中信建投证券股份有限公司 关于昆山沪光汽车电器股份有限公司 向特定对象发行股票 发行过程及认购对象合规性的报告 经中国证券监督管理委员会（以下简称"中国证监会"） 《关于同意昆山沪 光汽车电器股份有限公司向特定对象发行股票注册的批复》（证监许可〔2025〕 140 号）批复，同意昆山沪光汽车电器股份有限公司（以下简称"沪光股份"、"发 行 ...

Investment Rating - The industry investment rating is Neutral (maintained) [5] Core Insights - The sales and market share of Hongmeng Intelligent Driving models are expected to continue to rise, benefiting companies in the supply chain [2][3] - The report highlights the strong performance of Hongmeng Intelligent Driving models during the National Day holiday, with a total of 41,300 units booked from October 1-7, representing a 44% year-on-year increase [8] - The report anticipates that the introduction of national standards for intelligent assisted driving will further enhance the market share of vehicles equipped with Huawei's intelligent driving systems [8] Summary by Sections Investment Recommendations and Targets - The report suggests focusing on Hongmeng Intelligent Driving vehicles and related companies, with specific buy recommendations for SAIC Motor (600104), Yanchai Automobile (600418), and several component manufacturers including Yinlun Co. (002126), Xinquan Co. (603179), and others [3] - The report notes that multiple new models are set to launch, which is expected to drive sales and market share upward [3] Market Performance - The report indicates that the high-end and luxury segments of Hongmeng Intelligent Driving models are leading in market share, with significant bookings for models like the Zun Jie S800 and Wanjie M9 [8] - The report projects that by 2026, the product matrix of Hongmeng Intelligent Driving will be further enhanced, allowing for a more comprehensive market presence in the mid-to-high-end new energy vehicle sector [8] Regulatory Developments - The report discusses the upcoming mandatory national standards for intelligent connected vehicles, which are expected to be implemented on January 1, 2027, and how this will impact the market dynamics for L2 level assisted driving systems [8]

Core Insights - Hongmeng Zhixing achieved impressive pre-sales during the National Day period, with multiple new models launched in September expected to drive sales and market share growth in Q4 [1] - The high-end and luxury vehicle market share of Hongmeng Zhixing is leading, with a more complete product matrix expected by 2026 [2] - The proposed national standard for intelligent assisted driving is expected to enhance the market share of vehicles equipped with Huawei's driving assistance technology [3] Group 1 - Hongmeng Zhixing's total pre-sales reached 41,300 units from October 1-7, a 44% year-on-year increase compared to 28,600 units last year [1] - In September, Hongmeng Zhixing's delivery volume reached 52,900 units, with new vehicle pre-sales hitting a record high of 110,000 units [1] - New models such as the Aito M7, Shangjie H5, and Xiangjie S9T have received strong pre-sales, indicating a positive outlook for Q4 sales [1] Group 2 - The Aito S800 has accumulated over 15,000 pre-sales in four months, significantly outperforming competitors like Porsche Panamera and Mercedes-Benz S-Class [2] - The Aito M9 has maintained its position as the market leader with over 500,000 units sold for 18 consecutive months [2] - By 2026, Hongmeng Zhixing plans to launch new models across its product lines, including new SUVs and off-road vehicles, to strengthen its market position [2] Group 3 - The Ministry of Industry and Information Technology is seeking public opinion on a mandatory national standard for intelligent connected vehicles, set to be implemented on January 1, 2027 [3] - The standard will establish stricter entry requirements for L2-level assisted driving systems, which may benefit vehicles equipped with Huawei's technology [3] - Huawei's advanced driving capabilities are expected to help high-end brands like Aito capture market share from traditional luxury vehicles [3] Group 4 - With the launch of new models and the impending implementation of the intelligent driving standard, Hongmeng Zhixing's sales and market share are expected to rise [4] - Recommended investment targets include SAIC Motor, Jianghuai Automobile, and various component suppliers such as Yinlun, Xinquan, and Bojun Technology [4]

Company Overview - Hu Guang Co., Ltd. is located in Kunshan, Jiangsu Province, and was established on March 31, 1997. The company was listed on August 18, 2020. Its main business involves the research, production, and sales of automotive high and low voltage wiring harnesses, with 95.88% of revenue coming from automotive wiring harnesses and 4.12% from automotive parts and others [1]. Stock Performance - As of September 26, Hu Guang's stock price decreased by 2.01% to 37.55 CNY per share, with a trading volume of 78.99 million CNY and a turnover rate of 0.48%. The total market capitalization is 16.401 billion CNY [1]. - Year-to-date, the stock price has increased by 15.90%, with a 7.87% rise over the last five trading days, 12.76% over the last 20 days, and 38.46% over the last 60 days [1]. Financial Performance - For the first half of 2025, Hu Guang achieved a revenue of 3.630 billion CNY, representing a year-on-year growth of 6.20%. The net profit attributable to shareholders was 276 million CNY, up 8.40% year-on-year [2]. - Since its A-share listing, the company has distributed a total of 148 million CNY in dividends, with 122 million CNY distributed over the past three years [3]. Shareholder Information - As of June 30, 2025, the number of Hu Guang's shareholders is 16,800, a decrease of 3.33% from the previous period. The average number of circulating shares per person increased by 3.44% to 26,003 shares [2]. - Among the top ten circulating shareholders, Ping An New Xin Pioneer Mixed A (000739) is the ninth largest with 1.7742 million shares, while Hong Kong Central Clearing Limited is the tenth with 1.5034 million shares, having decreased by 818,000 shares from the previous period [3].

Core Viewpoint - The company has provided a guarantee of RMB 20 million for its wholly-owned subsidiary, Chongqing Huguang Automotive Electric Co., Ltd., to support its operational financing needs [2][3]. Summary by Sections Guarantee Overview - The company has provided a joint liability guarantee of RMB 20 million to Chongqing Huguang for a credit facility from the China Development Bank [2]. - As of the disclosure date, the total guarantee amount provided to Chongqing Huguang is RMB 500.5845 million, including the current guarantee [2]. Approval Process - The company's board approved the guarantee during a meeting on April 25, 2025, allowing for a total guarantee of up to RMB 2 billion for subsidiaries, with a specific limit of RMB 600 million for Chongqing Huguang [3][8]. - This guarantee does not require further board or shareholder approval as it falls within the previously approved limits [3]. Subsidiary Information - Chongqing Huguang is a wholly-owned subsidiary of the company, registered in Chongqing with a registered capital of RMB 300 million [4][5]. - The subsidiary's business includes manufacturing and research of automotive parts and components [4]. Guarantee Contract Details - The guarantee covers all principal, interest, penalties, and other costs associated with the loans taken by Chongqing Huguang [6]. - The guarantee period extends from September 25, 2025, to September 25, 2026, with specific terms for repayment [6]. Necessity and Reasonableness of Guarantee - The guarantee is deemed necessary for the daily operations of Chongqing Huguang and aligns with the company's overall strategic goals [7]. - The company maintains control over the subsidiary's operations and financial management, mitigating potential risks [7]. Board Opinion - The board believes that providing this guarantee supports the subsidiary's funding needs and is in the best interest of the company and its shareholders [8][9]. Cumulative Guarantee Information - As of the announcement date, the total external guarantees provided by the company amount to RMB 1.1719398 billion, representing 52.63% of the company's latest audited net assets attributable to shareholders [9].

证券日报网讯 9月25日晚间，沪光股份发布公告称，公司及子公司不存在逾期担保的情形。 （文章来源：证券日报） ...

重要内容提示: 一、担保情况概述 证券代码：605333 证券简称：沪光股份 公告编号：2025-055 昆山沪光汽车电器股份有限公司 关于为全资子公司提供担保的进展公告 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。 （一）担保基本情况 为了满足日常经营发展需要，重庆沪光向国家开发银行重庆市分行申请人民 币 2,000 万元的综合授信额度，公司为其提供连带责任保证担保。公司于近日与 国家开发银行重庆市分行签署了《保证合同》，公司为重庆沪光提供不超过人民 币 2,000 万元的连带责任保证担保。 （二）已履行的审议程序 公司于 2025 年 4 月 25 日召开第三届董事会第十二次会议，审议通过了《关 于 2025 年度对外担保预计的议案》，同意对合并报表内子公司提供总额不超过等 值人民币20亿元的担保（其中为重庆沪光提供不超过等值人民币6亿元的担保）。 在年度预计担保额度内，可以根据实际情况在各控股子公司之间相互调剂使用。 担保形式包括但不限于信用担保（含一般保证、连带责任保证等）、抵押担保、 质押担保、融资租赁担保、履约保 ...

Core Viewpoint - The stock of Hu Guang Co., Ltd. has experienced fluctuations, with a recent decline of 2.04% and a total market value of 16.803 billion yuan, despite a year-to-date increase of 18.73% [1] Financial Performance - For the first half of 2025, Hu Guang Co., Ltd. achieved a revenue of 3.630 billion yuan, representing a year-on-year growth of 6.20%, and a net profit attributable to shareholders of 276 million yuan, up 8.40% year-on-year [2] - Cumulative cash dividends since the A-share listing amount to 148 million yuan, with 122 million yuan distributed over the past three years [3] Shareholder Information - As of June 30, 2025, the number of shareholders for Hu Guang Co., Ltd. is 16,800, a decrease of 3.33% from the previous period, with an average of 26,003 circulating shares per shareholder, an increase of 3.44% [2] - The top ten circulating shareholders include new entrant Ping An New Xin Pioneer Mixed A, holding 1.7742 million shares, while Hong Kong Central Clearing Limited reduced its holdings by 818,000 shares [3] Stock Performance - The stock price of Hu Guang Co., Ltd. has increased by 7.94% over the last five trading days, 15.42% over the last twenty days, and 43.28% over the last sixty days [1]