Group 1: Company Overview - The company is Shenzhen Biyimi Microelectronics Co., Ltd. with stock code 688045 [1] - The investor relations activity was held online on December 12, 2024, from 14:30 to 17:00 [2] Group 2: Market Expansion and Business Performance - In 2024, the company is focused on enhancing its technology R&D system and expanding its international market presence [4] - The company reported a revenue of CNY 30,381.84 million in the first half of 2024, with a year-on-year growth [6] - In Q3 2024, the company achieved a revenue of CNY 17,267.18 million, reflecting a year-on-year increase of 42.72% [6] Group 3: Environmental and Sustainable Development - The company is committed to environmental responsibility and aims to provide energy-saving and low-consumption green products [4] - It promotes a "low-carbon lifestyle" and focuses on sustainable development [6] Group 4: Business Strategy and Future Plans - The 2024 strategy emphasizes technology innovation and market demand, focusing on analog and mixed-signal integrated circuits [6] - The company has a strong supply chain management with no identified risks, leading to reduced production costs [6] Group 5: Financial Performance - The gross margin for the first nine months of 2024 was 25.03%, an increase of 1.26 percentage points year-on-year [10] - The net profit margin was -4.28%, remaining relatively stable compared to the previous year [10] Group 6: Research and Development - R&D investment reached CNY 129 million in 2024, accounting for over 27% of the revenue [10] - The company secured 126 new intellectual property rights, including 21 invention patents, enhancing its competitive edge [10] Group 7: Market Competitiveness - In H1 2024, the company experienced a 45.61% revenue growth in the home appliance sector, particularly in air conditioning [8] - The company is expanding its market share and product introduction in response to the recovery in personal consumer electronics [8] Group 8: Risk Management - The company identified various risks including operational and financial risks, and is implementing measures to enhance its resilience [8]

证券代码：688045 证券简称：必易微 公告编号：2024-068 深圳市必易微电子股份有限公司关于参加 2024 年度深圳辖区上市公司集体接待日活动暨召开 2024 年第三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、准确性和完整性依法承担法律责任。 重要内容提示： 投资者可在 2024 年 12 月 12 日（星期四）14:30-17:00 登录"全景路演" 网站（http://rs.p5w.net），或关注微信公众号：全景财经，或下载全景路演 APP， 参与本次互动交流。深圳市必易微电子股份有限公司（以下简称"公司"）将通 过本次业绩说明会，在信息披露允许范围内就投资者普遍关注的问题进行回答。 公司已于 2024 年 10 月 29 日在上海证券交易所网站（www.sse.com.cn）披 露公司《2024 年第三季度报告》。为便于广大投资者更全面深入地了解公司 2024 年第三季度经营成果、财务状况等情况，加强公司与投资者之间的沟通交流，公 司将参加由深圳证监局指导、深圳上市公司协会与深圳市全景网络有限公司联合 举办的"2 ...

证券代码：688045 证券简称：必易微 公告编号：2024-067 深圳市必易微电子股份有限公司 2024 年第四次临时股东大会决议公告 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： 本次会议是否有被否决议案：无 一、 会议召开和出席情况 （一） 股东大会召开的时间：2024 年 11 月 14 日 （二） 股东大会召开的地点：深圳市南山区西丽街道云科技大厦 33 楼公司培训 室 （三） 出席会议的普通股股东、特别表决权股东、恢复表决权的优先股股东及 其持有表决权数量的情况： | 1、出席会议的股东和代理人人数 | 40 | | --- | --- | | 普通股股东人数 | 40 | | 2、出席会议的股东所持有的表决权数量 | 41,699,588 | | 普通股股东所持有表决权数量 | 41,699,588 | | 3、出席会议的股东所持有表决权数量占公司表决权数量的比例（%） | 60.4701 | | 普通股股东所持有表决权数量占公司表决权数量的比例（%） | 60.4701 | 注：截至本次股 ...

北京德恒（深圳）律师事务所 关于深圳市必易微电子股份有限公司 2024 年第四次临时股东大会的 法律意见 深圳市福田区金田路 4018 号安联大厦 B 座 11 楼 电话:0755-88286488 传真:0755-88286499 邮编:518026 北京德恒（深圳）律师事务所 关于深圳市必易微电子股份有限公司 2024年第四次临时股东大会的法律意见 北京德恒（深圳）律师事务所 关于深圳市必易微电子股份有限公司 2024 年第四次临时股东大会的 法律意见 德恒 06G20210508-00016 号 致：深圳市必易微电子股份有限公司 （三）《公司第二届监事会第十二次会议决议》； （四）公司于 2024 年 10 月 29 日在《中国证券报》《上海证券报》《证券 时报》《证券日报》和上海证券交易所网站（http://www.sse.com.cn）公布的《关 于召开 2024 年第四次临时股东大会的通知》（以下简称"《股东大会的通知》"）； 1 北京德恒（深圳）律师事务所 关于深圳市必易微电子股份有限公司 2024年第四次临时股东大会的法律意见 （五）公司本次会议现场参会股东到会登记记录及凭证资料； （六）公司 ...

深圳市必易微电子股份有限公司 2024 年第四次临时股东大会 证券代码：688045 证券简称：必易微 深圳市必易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 11 月 深圳市必易微电子股份有限公司 2024 年第四次临时股东大会 目录 | 2024 | 年第四次临时股东大会会议须知 2 | | --- | --- | | 2024 | 年第四次临时股东大会会议议程 4 | | 2024 | 年第四次临时股东大会会议议案 6 | | | 议案一： 关于聘任 2024 年度审计机构的议案 6 | | | 议案二： 关于使用剩余超募资金永久补充流动资金的议案 9 | 1 深圳市必易微电子股份有限公司 2024 年第四次临时股东大会 深圳市必易微电子股份有限公司 2024 年第四次临时股东大会会议须知 为维护广大投资者的合法权益，保障股东在本次股东大会期间依法行使权利， 根据《中华人民共和国公司法》《中华人民共和国证券法》《上市公司股东大会 规则》以及《深圳市必易微电子股份有限公司章程》《深圳市必易微电子股份有 限公司股东大会议事规则》等有关规定，特制定本次股东大会会议须知： 一、为确 ...

Investment Rating - The report maintains a "Recommended" rating for the company, indicating an expectation to outperform the benchmark index by 10%-20% over the next six months [1][16]. Core Views - The company has shown revenue growth both year-on-year and quarter-on-quarter, with a 12.74% increase in revenue for the first three quarters of 2024, reaching 476 million yuan. The gross margin improved to 25.03%, up 1.26 percentage points year-on-year. However, the net profit attributable to the parent company was a loss of 20 million yuan, a decrease of 42.15% year-on-year [1][2]. - In Q3 2024, the company achieved revenue of 173 million yuan, reflecting a year-on-year increase of 42.73% and a quarter-on-quarter increase of 2.65%. The gross margin for this quarter was 25.05%, showing improvements in both year-on-year and quarter-on-quarter comparisons [1][2]. - The demand recovery in downstream markets, combined with the launch of new products, is expected to drive continued performance recovery for the company. The semiconductor industry is entering a recovery phase, benefiting local PMIC manufacturers [2][3]. Financial Summary - For the first three quarters of 2024, the company reported total revenue of 476 million yuan, with a year-on-year growth of 12.74%. The gross margin was 25.03%, and the net profit attributable to the parent company was a loss of 20 million yuan [1][3]. - The revenue forecast for 2024-2026 has been adjusted, with net profit predictions changing from 9 million yuan in 2025 to 43 million yuan in 2026, reflecting a significant recovery trajectory [2][3]. - The company maintains a high level of R&D investment, accounting for 27.03% of revenue in the first three quarters of 2024, which is expected to open up long-term growth opportunities [2][3].

Investment Rating - The investment rating for the company is "Accumulate" (maintained) [1] Core Views - The company is experiencing steady operations with an expected improvement in profitability. The third quarter of 2024 saw a year-on-year revenue increase of 42.72%, reaching 173 million yuan, while the net profit attributable to shareholders was -9.77 million yuan, a year-on-year increase of 37.60% [1] - The recovery in terminal demand is gradually restoring the company's profitability, supported by the reduction of inventory in the LED driver and display DDIC chip sectors, alongside an increase in demand from downstream consumer electronics [1] - The company is continuously optimizing its product structure and expanding its application fields, with significant growth in its market share and profitability [1] Summary by Sections Financial Performance - For the first three quarters of 2024, the company achieved a revenue of 476 million yuan, a year-on-year increase of 12.74%, while the net profit attributable to shareholders was -20 million yuan, a decrease of 42.15% year-on-year [1] - The gross profit margin improved by 1.54 percentage points to 25.05% in Q3 2024, and inventory turnover days decreased from 143.98 days in Q3 2023 to 136.71 days in Q3 2024, indicating a recovery from the industry cycle bottom [1] Product Development - The company is enhancing its research and development efforts and introducing new products to expand its market share and profitability. It has launched several products in the AC-DC chip sector and successfully entered the supply chains of major customers in the LED driver sector [1] - The company has also made strides in the battery management chip sector, supplying major brands of electric two/three-wheelers, and has completed a new layout in the motor drive chip sector [1] Future Outlook - The company is expected to see a gradual recovery in demand for consumer chips in 2024, with revenue projections for 2024-2026 set at 642 million yuan, 840 million yuan, and 1.05 billion yuan respectively, reflecting growth rates of 11.0%, 30.9%, and 25.0% [2][3] - The net profit attributable to shareholders is projected to turn positive in 2025, with estimates of 18 million yuan and 21 million yuan for 2025 and 2026 respectively [2][3]

Core Insights - The company reported a third-quarter revenue of 173 million yuan, representing a year-on-year growth of 42.72%, continuing the trend of sequential revenue growth observed since the beginning of the year [1] - The net profit attributable to the parent company was -9.77 million yuan, indicating a significant reduction in losses compared to the previous year [1] - Notably, the company incurred share-based payment expenses of 13.92 million yuan [1] - Excluding the impact of share-based payment expenses, the company achieved a profit of 3.56 million yuan, which is an increase of 11.90 million yuan year-on-year, indicating improving operational performance [1]

证券代码：688045 证券简称：必易微 公告编号：2024-064 深圳市必易微电子股份有限公司 关于聘任 2024 年度审计机构的公告 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、准确性和完整性依法承担法律责任。 变更会计师事务所的简要原因及前任会计师的异议情况：基于深圳市必 易微电子股份有限公司（以下简称"公司"）业务发展情况及整体审计的需要， 公司经综合评估及审慎研究后决定，拟聘任容诚所为公司 2024 年度财务报告和 内部控制审计机构。公司已就本次变更有关事宜与大华所进行了充分沟通，大华 所已知悉本事项并对本次变更无异议。 一、拟聘任会计师事务所的基本情况 （一）机构信息 1. 基本信息 | 事务所名称 | 容诚会计师事务所（特殊普通合伙） | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 成立日期 | 2013 年 10 日 | 12 | 月 | 组织形式 | | | 特殊普通合伙企业 | | | 注册地址 | 北京市西城区阜成门外大街 1 | ...

证券代码：688045 证券简称：必易微 公告编号：2024-066 重要内容提示： 一、 召开会议的基本情况 深圳市必易微电子股份有限公司 关于召开 2024 年第四次临时股东大会的通知 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。 （一） 股东大会类型和届次 2024 年第四次临时股东大会 （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 召开日期时间：2024 年 11 月 14 日 14 点 30 分 召开地点：深圳市南山区西丽街道云科技大厦 33 楼公司培训室 （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 2024 年 11 月 14 日 股东大会召开日期：2024 年 11 月 14 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 至 2024 年 11 月 14 日 采用上海证券交易所网络投票系统，通过交易系统 ...