| | | 杭州立昂微电子股份有限公司 关于持续督导保荐机构主体变更的公告 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个别及连带责任。 公司持续督导保荐机构由东方投行变更为东方证券。本次持续督导保荐机构主体变更事项 不属于公司更换持续督导机构事项。 特此公告。 杭州立昂微电子股份有限公司董事会 2024年 9 月 6 日 1 杭州立昂微电子股份有限公司（以下简称 "公司"）近日接到公司持续督导机构东方证 券承销保荐有限公司（以下简称"东方投行"）的通知，根据中国证券监督管理委员会于2023 年2月28日出具的《关于核准东方证券股份有限公司吸收合并东方证券承销保荐有限公司暨变 更业务范围的批复》（证监许可〔2023〕425号），东方证券股份有限公司（以下简称"东方 证券"）获准吸收合并投行业务全资子公司东方投行，吸收合并之后东方投行解散。 东方证券已于近日自证监会取得换发后的《经营证券期货业务许可证》，业务范围含"证 券承销与保荐"。东方证券与东方投行严格根据有关法律法规、证监会批复及相关要求推进实 施吸收合并工作，自2024年9月2 ...

Investment Rating - The investment rating for the company is maintained at "Neutral" [2][11] Core Insights - The company has shown revenue growth in its semiconductor wafer and power device segments, but pricing pressures remain significant. The compound semiconductor RF chip business is experiencing rapid growth [3][4] - In H1 2024, the company achieved a revenue of 1.459 billion yuan, a year-on-year increase of 8.69%, but the net profit attributable to shareholders was a loss of 66.86 million yuan, down 138.50% year-on-year [3][4] - The company expects revenue growth for 2024E-2026E to be 14.85%, 18.32%, and 18.01% respectively, with net profits projected to increase significantly in the same period [6][11] Summary by Sections Financial Performance - In H1 2024, the company reported a revenue of 1.459 billion yuan, with a quarterly revenue of 780 million yuan in Q2, reflecting a year-on-year increase of 9.83% and a quarter-on-quarter increase of 14.83% [3] - The gross margin for Q2 2024 was 14.55%, up 4.67 percentage points from the previous quarter [3] Business Segments - Semiconductor wafer business revenue for H1 2024 was 1.022 billion yuan, a year-on-year increase of 12.96%, with a sales volume of 6-inch wafers reaching 6.6885 million pieces, up 46.22% year-on-year [4][6] - The power device segment saw a revenue of 448.19 million yuan in H1 2024, with a slight increase in sales volume but a decline in prices [4][6] - The compound semiconductor RF chip business achieved a revenue of 128.37 million yuan, a year-on-year increase of 233.89% [4][6] Revenue and Profit Forecast - The company forecasts revenues of 3.089 billion yuan, 3.655 billion yuan, and 4.313 billion yuan for 2024E, 2025E, and 2026E respectively, with net profits expected to be 142 million yuan, 326 million yuan, and 452 million yuan [5][11] - The estimated reasonable market value range for the company is between 16.063 billion yuan and 18.631 billion yuan, corresponding to a per-share value range of 23.93 yuan to 27.75 yuan [11][12]

杭州立昂微电子股份有限公司 2024 年第四次临时股东大会 证券代码：605358 证券简称：立昂微 债券代码：111010 债券简称：立昂转债 杭州立昂微电子股份有限公司 2024 年第四次临时股东大会 会议资料 2024 年 9 月 13 日 0 | 杭州立昂微电子股份有限公司 2024 年第四次临时股东大会会议须知 | 2 | | --- | --- | | 杭州立昂微电子股份有限公司 2024 年第四次临时股东大会会议议程 | 4 | | 一、关于公司新增 2024 年度为控股子公司提供担保的议案 | 5 | | 二、关于制定公司《会计师事务所选聘制度》的议案 | 6 | | 三、关于变更注册资本并修订《公司章程》的议案 | 7 | | 四、关于续聘 2024 年度审计机构的议案 9 | | 杭州立昂微电子股份有限公司 2024 年第四次临时股东大会 杭州立昂微电子股份有限公司 2024 年第四次临时股东大会会议须知 为维护股东的合法权益，确保杭州立昂微电子股份有限公司 2024 年第四次临时股东大会 的正常秩序和议事效率，根据《公司法》、《公司章程》和《股东大会议事规则》的有关规 定，现将会议须知通 ...

证券代码：605358 证券简称：立昂微 公告编号：2024- 077 债券代码：111010 债券简称：立昂转债 杭州立昂微电子股份有限公司 第五届监事会第二次会议决议公告 本公司监事会及全体监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个别及连带责任。 （一）审议通过了《关于审议 2024 年半年度报告及其摘要的议案》 公司监事会认为公司 2024 年半年度报告及其摘要报告编制和审议程序符合法律、法规、 公司章程和公司内部管理制度，能充分反映公司报告期内的财务状况和经营成果，所披露的信 息真实、准确、完整，所载资料不存在任何虚假记载、误导性陈述或重大遗漏。 表决情况：同意 3 票，反对 0 票，弃权 0 票。 （二）审议通过了《关于公司 2024 年半年度募集资金存放与使用情况的专项报告的议案》 表决情况：同意 3 票，反对 0 票，弃权 0 票。 （三）审议通过了《关于公司新增 2024 年度为控股子公司提供担保的议案》 表决情况：同意 3 票，反对 0 票，弃权 0 票。 一、监事会会议召开情况 杭州立昂微电子股份有限公司（以下简称"公司"）第五 ...

Financial Performance - Revenue for the first half of 2024 was RMB 14.59 billion, an increase of 8.69% year-over-year[14] - Net profit attributable to shareholders was a loss of RMB 668.56 million, a decrease of 138.50% compared to the same period last year[14] - Net cash flow from operating activities increased by 43.97% to RMB 5.32 billion[14] - Revenue for the first half of 2024 reached 14,588.614 million yuan, an increase of 8.69% year-over-year[15] - Net profit attributable to shareholders was -668.564 million yuan, a decrease of 138.50% year-over-year[15] - Basic earnings per share were -0.10 yuan, a decrease of 138.46% year-over-year[15] - Revenue for the reporting period reached 1,458.86 million yuan, an increase of 8.69% compared to the same period last year[31] - Operating profit was -175.59 million yuan, a decrease of 229.00% year-over-year[31] - EBITDA decreased by 30.26% to 402.99 million yuan compared to the same period last year[31] - Net profit attributable to shareholders was -66.86 million yuan, a decrease of 138.50% year-over-year[31] - Gross margin dropped from 27.27% in the first half of 2023 to 12.38% in the first half of 2024, a decrease of 14.89 percentage points[32] - Q2 2024 revenue was 779.80 million yuan, a 14.83% increase compared to Q1 2024[32] - Net cash flow from operating activities increased by 43.97% to 531.89 million yuan compared to the same period last year[33] - The company's comprehensive income for the first half of 2024 was -119,428,649.65 RMB, compared to 141,988,645.26 RMB in the same period last year[121] - Basic earnings per share for the first half of 2024 were -0.10 RMB, compared to 0.26 RMB in the same period last year[121] - The company's operating income for the first half of 2024 was 468,457,719.63 RMB, a decrease from 548,397,467.78 RMB in the same period last year[122] - The company's net profit for the first half of 2024 was -44,149,240.02 RMB, compared to 175,054,546.41 RMB in the same period last year[123] - Cash received from sales of goods and services in the first half of 2024 was 1,414,055,862.22 RMB, an increase from 1,250,713,742.89 RMB in the same period last year[124] - The company's R&D expenses for the first half of 2024 were 23,064,537.60 RMB, an increase from 21,082,260.79 RMB in the same period last year[122] - The company's financial expenses for the first half of 2024 were 74,212,567.72 RMB, an increase from 61,796,601.71 RMB in the same period last year[122] - The company's operating cash inflow for the first half of 2024 was 1,695,586,472.23 RMB, an increase from 1,463,566,322.20 RMB in the same period last year[124] - The company's operating cash outflow for the first half of 2024 was 1,163,699,165.02 RMB, an increase from 1,094,113,348.75 RMB in the same period last year[124] - The company's income tax expense for the first half of 2024 was -8,939,654.71 RMB, compared to 16,865,695.12 RMB in the same period last year[123] - Operating cash flow for the first half of 2024 was RMB 531.89 million, a significant increase from RMB 369.45 million in the same period last year[125] - Investment cash outflow for the first half of 2024 was RMB 1.69 billion, compared to RMB 1.31 billion in the same period last year[125] - Financing cash inflow for the first half of 2024 was RMB 1.22 billion, a substantial increase from RMB 313.75 million in the same period last year[125] - Net cash flow from financing activities for the first half of 2024 was RMB 539.09 million, a significant improvement from a net outflow of RMB 705.04 million in the same period last year[125] - Cash and cash equivalents at the end of the first half of 2024 were RMB 2.15 billion, compared to RMB 2.34 billion at the end of the same period last year[125] - Parent company's operating cash flow for the first half of 2024 was RMB 110.48 million, a decrease from RMB 300.46 million in the same period last year[126] - Parent company's investment cash outflow for the first half of 2024 was RMB 451.61 million, a significant decrease from RMB 2.84 billion in the same period last year[126] - Parent company's financing cash inflow for the first half of 2024 was RMB 325 million, compared to RMB 50 million in the same period last year[126] - Parent company's net cash flow from financing activities for the first half of 2024 was a net outflow of RMB 210.42 million, compared to a net outflow of RMB 240.17 million in the same period last year[127] - Total owner's equity at the end of the first half of 2024 was RMB 9.55 billion, a decrease from RMB 9.84 billion at the end of the same period last year[129] - Comprehensive income for the first half of 2024 totaled -66,856,415.16, a significant decrease compared to the previous period[130] - Total owner investments and capital reductions amounted to -113,228,585.59, with a notable reduction in other capital of -120,019,465.59[130] - Profit distribution for the period was -57,314,388.79, entirely allocated to owners (or shareholders)[131] - Total equity at the end of the period was 9,680,406,873, reflecting a decrease from the previous year[136] - Comprehensive income for the first half of 2024 showed a positive turnaround with a total of 173,648,799.34, despite a loss in minority interests[134] - Owner investments and capital reductions for the period resulted in a net increase of 6,394,692.28, driven by other capital adjustments[134] - Profit distribution for the period was -284,278,012.62, with an additional -5,004,000.00 allocated to minority interests[135] - Total equity at the beginning of the year was 9,821,305,548.08, showing a slight decrease by the end of the period[133] - Total owner's equity decreased by RMB 216.31 million in the first half of 2024, from RMB 7.07 billion to RMB 6.86 billion[137][138] - Comprehensive income for the first half of 2024 was a loss of RMB 44.15 million[137] - Capital reduction and owner contributions resulted in a decrease of RMB 114.85 million in owner's equity[137] - Profit distribution reduced owner's equity by RMB 57.31 million in the first half of 2024[138] - Total owner's equity at the end of June 2024 was RMB 6.86 billion, down from RMB 7.07 billion at the beginning of the year[138] - Retained earnings decreased by RMB 101.46 million in the first half of 2024[137] - Capital reserve decreased by RMB 109.35 million in the first half of 2024[137] - Other comprehensive income showed no significant changes in the first half of 2024[137] - The company's share capital decreased by RMB 5.49 million in the first half of 2024[137] - Special reserve showed no changes in the first half of 2024[137] Assets and Liabilities - Total assets as of the end of the reporting period were RMB 18.88 billion, up 3.30% from the end of the previous year[14] - The company's net assets attributable to shareholders decreased by 2.98% to RMB 7.73 billion[14] - Total assets increased to RMB 18.88 billion as of June 30, 2024, compared to RMB 18.28 billion at the end of 2023[112][113][114] - Cash and cash equivalents decreased to RMB 2.55 billion from RMB 2.67 billion at the end of 2023[112] - Accounts receivable increased to RMB 853.83 million, up 18.7% from RMB 719.56 million at the end of 2023[112] - Inventory increased slightly to RMB 1.35 billion from RMB 1.32 billion at the end of 2023[112] - Fixed assets decreased to RMB 8.44 billion from RMB 8.75 billion at the end of 2023[112] - Short-term borrowings increased significantly to RMB 1.04 billion from RMB 480.49 million at the end of 2023[113] - Long-term borrowings increased to RMB 1.66 billion from RMB 1.28 billion at the end of 2023[113] - Total liabilities increased to RMB 9.62 billion from RMB 8.73 billion at the end of 2023[113][114] - Shareholders' equity decreased to RMB 9.26 billion from RMB 9.55 billion at the end of 2023[114] - Parent company's cash and cash equivalents decreased significantly to RMB 91.10 million from RMB 404.13 million at the end of 2023[115] - Total assets decreased slightly from 11,312,279,418.61 RMB to 11,247,267,331.45 RMB[116][117] - Long-term equity investments increased slightly from 6,626,472,286.54 RMB to 6,628,108,237.52 RMB[116] - Total liabilities increased from 4,239,611,166.00 RMB to 4,390,910,636.32 RMB[117] - Interest expenses rose from 105,438,726.97 RMB to 119,709,830.27 RMB[120] - Total equity decreased from 7,072,668,252.61 RMB to 6,856,356,695.13 RMB[117] - Fixed assets decreased from 1,322,708,279.06 RMB to 1,297,963,710.92 RMB[116] - The company's inventory balance was 1.57 billion yuan, with an inventory impairment provision of 222.34 million yuan[47] - The fair value of the company's equity investments as of June 30, 2024, is RMB 1,193.317 million, with RMB 893.317 million attributed to direct holdings in listed companies (Xinlian Integration and Jingsheng Co., Ltd.) and RMB 300 million in non-listed equity investments[48] - The company's goodwill balance as of June 30, 2024, is RMB 477.662 million, stemming from the acquisition of Jiaxing Jinruihong, with no impairment reported during the period[49] Business Operations - The company's main business is semiconductor manufacturing, with subsidiaries including Zhejiang Jinruihong and Quzhou Jinruihong[6] - Semiconductor silicon wafer revenue reached 10,217.976 million yuan, a year-over-year increase of 12.96%[20] - 12-inch silicon wafer sales reached 407,500 pieces, a year-over-year increase of 89.63%[21] - Global semiconductor sales in Q2 2024 reached 149.9 billion USD, a year-over-year increase of 18.3%[18] - China's semiconductor sales in June 2024 reached 15.09 billion USD, a year-over-year increase of 21.6%[18] - Global silicon wafer shipments in Q2 2024 reached 3.035 billion square inches, a quarter-over-quarter increase of 7.1%[19] - 6-inch and 8-inch silicon wafer capacity utilization is fully loaded, with delivery delays reported[20] - Global power semiconductor market size reached $50.3 billion in 2023, expected to grow to $59.6 billion by 2027, with power ICs accounting for 54.8%, power discrete devices 30.1%, and power modules 15.1%[22] - China's power semiconductor market is projected to reach $20.6 billion in 2024, accounting for 38% of the global market[22] - Power semiconductor share in automotive semiconductors increased from 21% in traditional fuel vehicles to 55% in pure electric vehicles[22] - China's new energy vehicle production and sales reached 4.929 million and 4.944 million units respectively in H1 2024, up 30.1% and 32% YoY, with a market share of 35.2%[22] - China's solar power installed capacity reached 710 GW in H1 2024, up 51.6% YoY, with new PV installations of 102.48 GW, up 30.68% YoY[22] - Semiconductor power device chip revenue was 448.1915 million yuan in the reporting period, down 16.62% YoY and 8.85% QoQ, with sales volume of 901,600 units, up 4.96% YoY and 5.22% QoQ[23] - Compound semiconductor RF chip revenue reached 128.3699 million yuan in the reporting period, up 233.89% YoY and 29.79% QoQ, with sales volume of 17,600 units, up 288.18% YoY and 31.84% QoQ[24] - Global smartphone RF front-end market size is expected to reach $16.6 billion in 2024, with a CAGR of 9.7% from 2019 to 2024[24] - VCSEL market size is projected to grow from $1.6 billion in 2022 to $3.9 billion by 2027, with a 5-year CAGR of 17.2%[24] - The company's MOSFET and SBD semiconductor power devices are core components in photovoltaic systems, with growing demand due to rapid increase in PV installed capacity[71] Subsidiaries and Investments - Zhejiang Jinruihong, a subsidiary, achieved a net profit of 60.38 million yuan with operating revenue of 859.84 million yuan[43] - Quzhou Jinruihong, a subsidiary, achieved a net profit of 86.65 million yuan with operating revenue of 668 million yuan[44] - Jinruihong Microelectronics, a subsidiary, reported a net loss of 221.63 million yuan with operating revenue of 212.13 million yuan[44] - Subsidiary Hangzhou Dongxin invested 35 million yuan in its secondary subsidiary Haining Dongxin[38] - The 480 million 300mm silicon wafer production base project has a total budget of 60.19 billion yuan, with 46.16% completed (27.78 billion yuan invested)[39] - The 360,000 6-inch RF chip production line project has a total budget of 50.05 billion yuan, with 6.38% completed (3.19 billion yuan invested)[39] - The fair value of financial assets decreased by 38.05 million yuan, with a total fair value of 675.66 million yuan at the end of the period[40] - The fair value of Jingsheng Co., Ltd. stock decreased by 21.44 million yuan, with a final book value of 27.29 million yuan[41] - The fair value of Xinlian Integration stock decreased by 16.61 million yuan, with a final book value of 62.05 million yuan[41] - The company has invested 22,301.99 million yuan in the "Annual Production of 1.8 million 12-inch Semiconductor Silicon Epitaxial Wafers Project," with a cumulative investment of 42,478.28 million yuan, achieving 37.59% of the planned investment[89] - The "Annual Production of 6 million 6-inch Silicon Polished Wafers for Integrated Circuits Project" has received 29,416.50 million yuan in investment this year, with a cumulative investment of 86,229.28 million yuan, reaching 68.98% of the planned investment[89] - The company has fully utilized the funds for the "Supplemental Working Capital" project, with a cumulative investment of 99,974.40 million yuan, exceeding the planned investment by 0.16%[89] - The company has extended the construction period for the "Annual Production of 1.8 million 12-inch Semiconductor Silicon Epitaxial Wafers Project" and the "Annual Production of 6 million 6-inch Silicon Polished Wafers for Integrated Circuits Project" from May 2024 to May 2026[89][91] - The company temporarily used 15,000.00 million yuan of idle raised funds to supplement working capital during the reporting period, and returned a total of 60,000.00 million yuan[90] - The company has fully returned the temporarily used idle raised funds for working capital by June 30, 2024[90] - The company's 2021 non-public offering stock fundraising project was completed in December 2023, and the remaining funds were permanently used to supplement working capital during the reporting period[90] - The company's total raised funds investment reached 228,681.96 million yuan, excluding the issuance fees of 1,187.59 million yuan[89] - The company's total raised funds plan investment is 337,812.41 million yuan, with a cumulative investment of 228,681.96 million yuan[89] - The company's total raised funds investment progress is 67.69%[89] - The company issued convertible bonds with a total face value of 3.39 billion yuan, and during the reporting period, 2,476 shares were converted[93] - The company repurchased 5,490,936 shares through the Shanghai Stock Exchange system, which were subsequently canceled on May 7, 2024[93] - The company issued 3,390,000 convertible bonds with a total face value of RMB 3,390,000,000, and the net proceeds after deducting issuance costs were RMB 3,

证券代码：605358 证券简称：立昂微 公告编号：2024-076 债券代码：111010 债券简称：立昂转债 杭州立昂微电子股份有限公司 第五届董事会第二次会议决议公告 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个别及连带责任。 杭州立昂微电子股份有限公司（以下简称"公司"）第五届董事会第二次会议于 2024 年 8 月 28 日（星期三）上午十时在杭州经济技术开发区 20 号大街 199 号公司五楼行政会议室（二） 以通讯方式召开。会议通知已提前 5 日以电话、电子邮件等形式送达全体董事。本次会议应出 席董事 7 人，实际出席董事 7 人。本次会议的召集、召开程序及方式符合《公司法》、《公司章 程》及《公司董事会议事规则》的规定。 二、董事会会议审议情况 经与会董事认真审议，以记名投票表决方式一致通过以下决议： （一）审议通过了《关于审议 2024 年半年度报告及其摘要的议案》 （二）审议通过了《关于公司 2024 年半年度募集资金存放与使用情况的专项报告的议案》 表决情况：同意 7 票，反对 0 票，弃权 0 票。 本议案已 ...

杭州立昂微电子股份有限公司 章 程 （2024 年 8 月 28 日修订稿） 1 目 录 第一章 总则 第二章 经营宗旨和范围 第三章 股份 第四章 股东和股东大会 第五章 董事会 第六章 总经理及其他高级管理人员 第七章 监事会 第八章 财务会计制度、利润分配和审计 第九章 通知、公告 第十章 合并、分立、增资、减资、解散和清算 第十一章 修改章程 第十二章 附则 2 第一节 股份发行 第二节 股份增减和回购 第三节 股份转让 第一节 股东 第二节 股东大会的一般规定 第三节 股东大会的召集 第四节 股东大会的提案与通知 第五节 股东大会的召开 第六节 股东大会的表决和决议 第一节 董事 第二节 董事会 第一节 监事 第二节 监事会 第一章 总则 第一条 为维护公司、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（以 下简称公司）。由王敏文、宁波利时信息科技有限公司等 49 名发起人，通过有限 责任公司整体变更为股份有 ...

会计师事务所选聘制度 第一条 为进一步规范杭州立昂微电子股份有限公司（以下简称"公司"）选聘 （含续聘、改聘，下同）会计师事务所行为，提高审计工作和财务信息的质量， 切实维护股东利益，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》"）、《国有企业、上市公司选聘会计师事务所管理办法》 等法律、行政法规、规范性文件及《杭州立昂微电子股份有限公司章程》（以下简 称"《公司章程》"）的相关规定，并结合公司实际情况，制定本制度。 第二条 本制度所称选聘会计师事务所，是指公司根据相关法律法规要求，聘 任会计师事务所对财务会计报告发表审计意见、出具审计报告的行为。公司选聘会 计师事务所从事除财务会计报告审计之外的其他法定审计业务的，可以视重要性程 度比照本制度执行。 第三条 公司选聘会计师事务所，应当由董事会审计委员会（以下简称"审计 委员会"）审议同意后，提交董事会审议，并由股东大会决定。公司不得在董事 会、股东大会审议前聘请会计师事务所开展审计业务。 第四条 公司控股股东、实际控制人不得在公司董事会、股东大会审议前， 向公司指定会计师事务所，不得干预审计委员会独立履行审核职责。 第二章 会 ...

| 证券代码：605358 | 证券简称：立昂微 | 公告编号：2024-079 | | --- | --- | --- | | 债券代码：111010 | 债券简称：立昂转债 | | 杭州立昂微电子股份有限公司 关于新增2024年度为控股子公司提供担保的公告 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个别及连带责任。 重要内容提示: 一、担保情况概述 （一）为保证控股子公司生产经营、项目建设对资金的需求，2024 年公司需要新增对控 股子公司衢州金瑞泓、浙江金瑞泓、海宁东芯的银行授信提供保证担保，本次新增拟提供的担 保额度为不超过人民币 73,200.00 万元。本次担保无反担保。 （二）上市公司本担保事项履行的内部决策程序。 2024 年 8 月 28 日，公司召开的第五届董事会第二次会议审议通过了《关于公司新增 2024 年度为控股子公司的银行授信提供担保的议案》并同意将该议案提交股东大会审议。 | 担保方 | 被担保方 | 担 | 保 | 被担保 | 截至目 | 本次新 | 担保额度 | 担 | 保 | 是 否 | 是否 | ...