科大国盾量子技术股份有限公司 2024 年年度股东大会 科大国盾量子技术股份有限公司 2024 年年度股东大会会议资料 股票简称：国盾量子 股票代码：688027 2025 年 4 月 - 1 - 科大国盾量子技术股份有限公司 2024 年年度股东大会 目 录 | 科大国盾量子技术股份有限公司2024年年度股东大会会议须知……………… | 3 | | --- | --- | | 科大国盾量子技术股份有限公司2024年年度股东大会会议议程……………… | 5 | | 议案1、《关于公司2024年度董事会工作报告的议案》…………………………7 | | | 议案2、《关于公司2024年度监事会工作报告的议案》…………………………17 | | | 议案3、《关于公司2024年度独立董事述职报告的议案》………………………22 | | | 议案4、《关于<国盾量子2024年年度报告>及摘要的议案》……………………46 | | | 议案5、《关于公司2024年度财务决算报告及2025年度财务预算报告的议 | | | 案》……………………………………………………………………………………47 | | | 议案6、《关于公司20 ...

证券代码：688027 证券简称：国盾量子 公告编号：2025-025 科大国盾量子技术股份有限公司 关于召开 2024 年度暨 2025 年第一季度 业绩说明会的公告 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法律责任。 重要内容提示： 会议召开时间：2025 年 4 月 22 日（星期二）15:00-16:00 会议召开地点：上海证券交易所上证路演中心（网址： https://roadshow.sseinfo.com/） 会议召开方式：上证路演中心网络互动 投资者可于 2025 年 4 月 15 日（星期二）至 4 月 21 日（星期 一）16:00 前登录上证路演中心网站首页点击"提问预征集"栏目 或通过公司邮箱 guodun@quantum-info.com 进行提问。公司将在说 明会上对投资者普遍关注的问题进行回答。 科大国盾量子技术股份有限公司（以下简称"公司"）已于 2025 年 3 月 26 日发布公司 2024 年度报告，将于 2025 年 4 月 21 日 闭市后发布公司 2025 年第一季度报告，为便于广大投资 ...

国泰君安证券股份有限公司 关于 科大国盾量子技术股份有限公司 收购报告书 声明 之 2024 年度持续督导意见 财务顾问 二〇二五年四月 国泰君安证券股份有限公司（以下简称"国泰君安"、"本财务顾问"） 接受委托，担任中电信量子信息科技集团有限公司（以下简称"中电信量子集 团"、"收购人"）及其一致行动人收购科大国盾量子技术股份有限公司（以 下简称"国盾量子"、"上市公司"、"公司"）的财务顾问，依照《上市公 司收购管理办法》（以下简称"《收购办法》"）第六十九条、第七十一条、 《上市公司并购重组财务顾问业务管理办法》第三十一条等有关规定，持续督 导期从国盾量子公告收购报告书至收购完成后的 12 个月止（即从 2024 年 3 月 19 日至相关股权完成过户后的 12 个月止）。 2025 年 3 月 26 日，国盾量子披露了 2024 年年度报告。结合上述 2024 年年 度报告及日常沟通，国泰君安出具了 2024 年度（从 2024 年 3 月 19 日至 2024 年 12 月 31 日，以下简称"本持续督导期"）的持续督导意见（以下简称"本 意见"）。本意见所依据的文件、书面资料等由收购人及其一致行动 ...

Core Viewpoint - The company, GuoDun Quantum, reported a significant revenue growth of 62.30% year-on-year for the fiscal year 2024, reaching 253 million yuan, while narrowing its net loss by 74.30% to 32 million yuan [1][2]. Financial Performance - Revenue for 2024 was 253 million yuan, with a year-on-year growth of 62.30% [1]. - The net profit attributable to shareholders was -32 million yuan, indicating a reduction in losses by 74.30% compared to the previous year [1]. - The gross margin for 2024 was 55.59%, an increase of 8.14 percentage points year-on-year, maintaining a high level [1]. - In Q4 2024, the company achieved a revenue of 153 million yuan, representing a growth of 85.47% year-on-year, and turned a profit with a net profit of 23 million yuan [1]. Business Segments - The quantum communication segment contributed over 50% of total revenue in 2024, with a complete ecosystem for the communication encryption industry accelerating practical applications [2]. - The company completed breakthroughs in domestic miniaturized polarization coding QKD and time-phase QKD technologies, integrating quantum key distribution with optical transport networks [2]. - In quantum computing, the company supported the "Zu Chongzhi No. 3" quantum computer project and launched the ez-QFridge dilution refrigerator, collaborating with China Telecom Quantum Group to develop the "Tianyan-504" with the highest qubit count in the country [2]. - The company secured the "Hefei Super Fusion Computing Center" project, providing a super fusion system for "Chao Lake Mingyue" to promote heterogeneous computing power integration [2]. - In quantum precision measurement, the company sold 9 cold atom gravimeters and completed the first international quantum gravity network observation [2]. Industry Outlook - Quantum technology is recognized as a strategic emerging industry, receiving strong support from domestic and international stakeholders, as highlighted in the 20th National Congress and the Government Work Report [3]. - The company has attracted China Telecom's wholly-owned subsidiary, China Telecom Quantum Group, as a strategic investor, which is expected to enhance the integration of quantum technology into critical digital infrastructure [3]. - Revenue forecasts for the company from 2025 to 2027 are projected at 343 million yuan, 479 million yuan, and 947 million yuan, respectively, with corresponding price-to-sales ratios of 78.27x, 56.05x, and 28.35x [3].

Investment Rating - The report highlights the investment value of the commercial satellite communication industry, particularly focusing on low Earth orbit (LEO) satellite constellations [3][9]. Core Insights - The satellite internet industry is expected to see significant growth, with the LEO satellite market projected to exceed 1 trillion yuan by 2030, driven by advancements in satellite manufacturing and ground equipment [8][54]. - The report emphasizes the importance of the satellite communication industry in achieving global connectivity and its military potential, which is expected to enhance industry prosperity [8][23]. Summary by Sections Satellite Internet: Application Growth - The satellite industry chain is divided into three segments: space segment (satellite manufacturing and rocket launch), ground segment (ground facilities), and user segment (user terminals and related services). Currently, the LEO satellite internet is in the space segment networking phase, while the high orbit satellite internet has entered the user segment growth phase [7][20]. - The user segment holds a higher value distribution compared to the space segment, indicating a greater potential for investment opportunities as LEO satellites continue to be deployed [20][29]. Market Potential and Growth - The LEO satellite market is estimated to reach approximately 400 billion USD in early 2023, accounting for 14% of the total satellite market. By 2030, the market size in China is expected to approach 1 trillion yuan [8][54]. - The report cites that the satellite manufacturing and ground equipment sectors are likely to experience the first wave of growth within the industry chain [8][54]. Investment Value of the National Commercial Satellite Communication Index - As of March 9, 2025, the satellite communication index shows that the communication industry accounts for 50.14%, followed by national defense and military at 28.67%, and electronics at 16.43% [9]. - The top ten constituent stocks of the index have a combined market capitalization of approximately 1,259.118 billion yuan, with a weighted average return on equity (ROE) of about 9.03% and a projected net profit growth rate of 42.34% over the next two years [9][10]. Policy Support and Industry Development - The report discusses the Chinese government's initiatives to promote the satellite internet industry, including the gradual implementation of business access systems and the encouragement of private sector participation [23][25]. - The "New Infrastructure Action Plan" emphasizes the construction of integrated satellite internet systems, which is expected to benefit related industries [25][29]. Military Applications and Strategic Importance - The military potential of LEO satellite constellations is highlighted, with the U.S. military actively exploring the use of Starlink for various applications, demonstrating the strategic importance of satellite communications in modern warfare [36][46]. - The report notes that the LEO satellite constellations can enhance navigation system accuracy and resilience against interference, making them valuable for military operations [36][42].

证券代码：688027 证券简称：国盾量子 公告编号：2025-024 科大国盾量子技术股份有限公司 关于召开 2024 年年度股东大会的通知 本公司董事会及全体董事保证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、准确性和完整性依法承担法律责任。 重要内容提示： 一、 召开会议的基本情况 （一） 股东大会类型和届次 2024 年年度股东大会 召开日期时间：2025 年 4 月 21 日 14 点 30 分 召开地点：安徽省合肥市高新区华佗巷 777 号科大国盾量子科技园 （五） 网络投票的系统、起止日期和投票时间。 网络投票系统：上海证券交易所股东大会网络投票系统 网络投票起止时间：自 2025 年 4 月 21 日 至 2025 年 4 月 21 日 股东大会召开日期：2025年4月21日 本次股东大会采用的网络投票系统：上海证券交易所股东大会网络投票 系统 （二） 股东大会召集人：董事会 （三） 投票方式：本次股东大会所采用的表决方式是现场投票和网络投票相结 合的方式 （四） 现场会议召开的日期、时间和地点 东大会召开当日的交易时间段，即 9:15-9:25,9:30-11: ...

Group 1 - China Aluminum reported a net profit of 12.4 billion yuan for 2024, an increase of 85.38% year-on-year, with a proposed cash dividend of 0.135 yuan per share [1] - Lihua Technology's net profit for 2024 decreased by 25.41% to 245 million yuan, with a proposed cash dividend of 0.7 yuan per 10 shares [1][2] - Zhongjing Food achieved a net profit of 175 million yuan in 2024, up 1.81% year-on-year, proposing a cash dividend of 8 yuan per 10 shares [3][4] - Sanwei Chemical's net profit fell by 6.92% to 263 million yuan, with a proposed cash dividend of 3 yuan per 10 shares [5] - Meino Biological's project for corn protein processing has received construction approval, with an investment of approximately 391 million yuan [6][7] Group 2 - Guangdian Electric's net profit surged by 411.28% to 74.73 million yuan, proposing a cash dividend of 0.7 yuan per 10 shares [13][14] - Xin'ao Co. reported a net profit of 4.493 billion yuan for 2024, down 36.64%, with a proposed cash dividend of 10.3 yuan per 10 shares [15] - Huaren Pharmaceutical's subsidiary received approval for a raw material drug, enhancing its product line [16] - Huanxin Technology received a project confirmation from BAIC Group for two display screen products, expected to enter mass supply [17] - Haitong Development plans to purchase four bulk carriers for a total of 59.25 million USD to expand its fleet [18] Group 3 - Guochuang High-tech won a bid for an asphalt procurement project worth 128 million yuan [22][23] - Huayi Pharmaceutical's subsidiary received overseas marketing approvals for several products [24] - Haisco's innovative drug HSK41959 has received clinical trial approval [25] - Hetai Machinery's subsidiary obtained a patent for a dust-proof chain technology [28] - Le Xin Medical's fetal heart rate monitor registration renewal application has been accepted [29] Group 4 - Feilong Co. became a designated supplier for an international client's electronic oil pump project, with expected sales of approximately 160 million yuan [29] - Yunnan Copper reported a net profit of 1.265 billion yuan for 2024, down 19.9%, with a proposed cash dividend of 2.4 yuan per 10 shares [42] - China Merchants Bank's net profit increased by 1.22% to 148.39 billion yuan, proposing a cash dividend of 20 yuan per 10 shares [43] - Shuanghui Development's net profit decreased by 1.26% to 4.989 billion yuan, with a proposed cash dividend of 7.5 yuan per 10 shares [44]

Core Insights - Guodian Quantum achieved a revenue of 253 million yuan in 2024, representing a year-on-year growth of 62.3%, while net profit recorded a loss of 31.84 million yuan, reducing losses by 92.08 million yuan compared to the previous year [1] - The company maintained a high R&D investment of 93.08 million yuan, accounting for 36.74% of its revenue [1] Quantum Communication - In 2024, revenue from quantum communication reached 146 million yuan, with a year-on-year increase of 70.05%, and the segment's gross margin improved by 13.14 percentage points to 65.66% [1][2] - Guodian Quantum served over 10 key cities in quantum metropolitan network construction, with operations in Xiong'an New Area and Shanghai [2] Quantum Computing - The quantum computing segment generated revenue of 56.59 million yuan in 2024, marking a year-on-year growth of 26.36%, with a gross margin increase of 10.47 percentage points to 43.75% [2] - The company participated in the "Zuchongzhi No. 3" superconducting system experiment, achieving new quantum computing superiority [2] Quantum Precision Measurement - Revenue from quantum precision measurement surged to 38.80 million yuan, a year-on-year increase of 118.96%, with a gross margin of 32.26% [3] - The company completed the international first quantum absolute gravity network observation and sold 9 units of its cold atom gravity meter [3] Strategic Developments - In January, China Telecom's subsidiary completed a strategic acquisition of Guodian Quantum, aiming to promote industrial transformation and upgrade [3][4] - The "Quantum Technology and Industry Development 2030 Action Plan" was released, emphasizing the importance of quantum technology in new information technology [4]

Financial Performance - The company's operating revenue for 2024 reached RMB 253,368,922.89, representing a 62.30% increase compared to RMB 156,111,094.96 in 2023 [23]. - The net profit attributable to shareholders of the listed company was a loss of RMB 31,841,414.28, an improvement from a loss of RMB 123,917,117.70 in the previous year [23]. - The net cash flow from operating activities was RMB 32,699,512.97, a significant recovery from a negative cash flow of RMB -4,048,103.46 in 2023 [23]. - The revenue after deducting non-core business income was RMB 241,815,405.03, which is a 62.72% increase from RMB 148,608,889.00 in 2023 [23]. - The company's operating revenue increased by 62.30% year-on-year, driven by growth in quantum communication, quantum computing, and quantum precision measurement [24]. - The net profit attributable to shareholders increased due to higher operating revenue and gross margin [25]. - The net cash flow from operating activities turned positive, primarily due to increased sales receipts [25]. - The company reported a net profit of 23.28 million yuan in the fourth quarter, marking a significant recovery from previous losses [28]. - The company's revenue for the reporting period reached 253.37 million yuan, an increase of 62.30% year-on-year [35]. - The net profit attributable to shareholders was -31.84 million yuan, a year-on-year reduction in losses of 74.30% [35]. Research and Development - The company has made significant investments in research and development for new quantum technologies [16]. - The company invested 93.08 million yuan in R&D during the reporting period, maintaining a high level of investment [35]. - The company filed for 149 new patents during the reporting period, including 76 invention patents, bringing the total number of intellectual properties to 986 [96][97]. - Total R&D investment decreased by 27.74% year-on-year to approximately 93.08 million yuan, with capitalized R&D investment dropping by 70.68% [99][100]. - The R&D investment accounted for 36.74% of operating revenue, a decrease of 45.77 percentage points compared to the previous year [99]. - The company is actively developing new products, including a miniaturized quantum security service integrated machine and upgraded QKD systems [93]. - The company has developed a technology capability system that transforms basic research into engineering applications and products, with 588 authorized patents, including 327 invention patents [109]. Market Expansion and Strategy - The company plans to expand its market presence and enhance its product offerings in quantum computing and quantum security [16]. - The company is actively exploring potential mergers and acquisitions to bolster its technological capabilities and market reach [16]. - The company is focusing on expanding its market presence in finance, government, energy, and cloud computing sectors through new product developments [104]. - The company is exploring deep cooperation with China Telecom Quantum Group to enhance its position in the modern information industry [160]. - The company plans to enter two new international markets by Q3 2024, targeting a 5% increase in overall market share [179]. - The company is considering strategic acquisitions to bolster its technology portfolio, with a budget of $100 million allocated for potential deals [179]. Corporate Governance - The audit report issued by Rongcheng Accounting Firm confirms the financial report's authenticity and completeness [5]. - The board of directors has ensured the accuracy and completeness of the annual report [6]. - The company has not disclosed any special arrangements for corporate governance [9]. - The company has not faced any significant issues regarding independence from its controlling shareholders, as indicated in the governance report [172]. - The company’s governance structure complies with the regulations set by the China Securities Regulatory Commission, with no major discrepancies noted [172]. - The company has a structured plan for future fundraising and capital allocation, as discussed in the board meeting reports [172]. Risks and Challenges - The company has detailed various operational risks and corresponding countermeasures in the report [4]. - The company faces risks related to technology development and market expansion, particularly in quantum secure communication and quantum computing [117]. - Seasonal fluctuations in sales revenue are evident, with a significant portion of income concentrated in the fourth quarter [118]. - The company faces risks related to high accounts receivable and cash flow volatility, which may impact operational liquidity [120]. - The company is dependent on government subsidies, which may increase operational funding pressure if not sustained [120]. Technological Advancements - The company is focusing on quantum communication technologies, including quantum key distribution and quantum secure communication solutions [16]. - The company has completed the construction of a superconducting quantum computer for the Hefei Advanced Computing Center, which is now in the initial testing phase [39]. - The company has developed a variety of quantum computing products, including superconducting quantum computers and control systems, and offers related technical services [50]. - The company has achieved significant breakthroughs in three core technology areas: quantum communication, quantum computing, and quantum precision measurement, showcasing its technological advancement and driving industry growth [91]. Stakeholder Engagement - The company is committed to maintaining transparency and regular communication with its stakeholders through various disclosure channels [18]. - The company emphasizes transparency and timely disclosure of significant information to protect the interests of minority investors [170]. - The company has a strong talent pool, with a provincial postdoctoral research station and a team recognized for their contributions to national high-tech research projects [114]. Financial Management - The company reported a gross margin of 55.17% for its main business, an increase of 10.75 percentage points year-on-year [127]. - The company has implemented measures to mitigate risks from being placed on the U.S. Entity List, including domestic production of core components [122]. - The company reported a significant asset change with a purchase amount of CNY 960,000,000 and a redemption amount of CNY 1,070,200,000 during the period [154]. - The company has received multiple certifications, including ISO9001 and ISO27001, and has passed various product certifications from the National Cryptography Administration [113]. Future Outlook - The company aims to achieve profitability in the upcoming fiscal year, with strategic initiatives in place to improve operational efficiency [16]. - The company anticipates that quantum computing will achieve initial application breakthroughs in specific fields such as material simulation and drug discovery within the next few years [88]. - By 2025, the company plans to achieve breakthroughs in key quantum technologies and develop a globally leading quantum infrastructure [160].

国盾量子: 2024年度内部控制评价报告 公司代码：688027 公司简称：国盾量子 科大国盾量子技术股份有限公司 科大国盾量子技术股份有限公司全体股东： 根据《企业内部控制基本规范》及其配套指引的规定和其他内部控制监管要求（以下简称企业内部 控制规范体系），结合本公司（以下简称公司）内部控制制度和评价办法，在内部控制日常监督和专项 监督的基础上，我们对公司2024年12月31日（内部控制评价报告基准日）的内部控制有效性进行了评 价。 一. 重要声明 按照企业内部控制规范体系的规定，建立健全和有效实施内部控制，评价其有效性，并如实披露内 部控制评价报告是公司董事会的责任。监事会对董事会建立和实施内部控制进行监督。经理层负责组织 领导企业内部控制的日常运行。公司董事会、监事会及董事、监事、高级管理人员保证本报告内容不存 在任何虚假记载、误导性陈述或重大遗漏，并对报告内容的真实性、准确性和完整性承担个别及连带法 律责任。 公司内部控制的目标是合理保证经营管理合法合规、资产安全、财务报告及相关信息真实完整，提 高经营效率和效果，促进实现发展战略。由于内部控制存在的固有局限性，故仅能为实现上述目标提供 合理保证。此外 ...