证券代码：688053 证券简称：思科瑞 公告编号：2025-026 成都思科瑞微电子股份有限公司 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 06 月 03 日 （星期二） 11:00-12:00 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/） 一、 说明会类型 本次业绩说明会以网络互动形式召开，公司将针对 2024 年度及 2025 年第一季度的经营成果及财务指标的具体情况与投资者进行互 动交流和沟通，在信息披露允许的范围内就投资者普遍关注的问题进 行回答。 二、 说明会召开的时间、地点以及方式 （一）会议召开时间：2025年06月03日（星期二）11:00-12:00 （二） 会议召开地点：上证路演中心 （三） 会议召开方式：上证路演中心网络互动 三、 参加人员 董事长：张亚 总经理：杨大为 会议召开方式：上证路演中心网络互动 投资者可于 2 ...

Industry Rating - The industry investment rating is maintained at "Outperform" [1] Core Viewpoints - Short-term focus on the new order cycle and accelerated delivery leading to improved capacity utilization and reduced variable costs, indicating a potential turnaround for companies in the sector [2] - Long-term attention on the reform dividends from equipment procurement and supply system changes, emphasizing the strategic importance of the types of equipment produced and the innovative leadership in processes, materials, and components [2] Summary by Sections 2024A & 2025Q1 Financial Analysis - The defense and military industry reported total revenue of 680.77 billion yuan in 2024, a year-over-year decline of 2.09%, with a net profit of 24.22 billion yuan, down 38.69% year-over-year [5][9] - The first quarter of 2025 showed total revenue of 130.11 billion yuan, a decline of 2.84% year-over-year, with a net profit of 6.22 billion yuan, down 18.37% year-over-year [5][9] - The industry is expected to enter a new procurement cycle in 2025, following the resolution of negative factors affecting performance [5][9] Structural Differentiation - The recovery of the sector is accompanied by increasing structural differentiation among various sub-sectors and companies, with significant growth in missile-related operations and fixed assets maintaining over 10% growth [5][9] - The industry is characterized by a co-existence of downward cycles in performance and upward cycles in supply-side capabilities, indicating a solid long-term fundamental outlook [5][9] Key Companies to Watch - Companies to focus on include: - Aviation mainframe manufacturers: AVIC Shenyang Aircraft, AVIC Harbin Aircraft, AVIC Engine, and AVIC Xi'an Aircraft [16][17] - New materials: Fushun Special Steel, Steel Research Institute, and others [19][20] - Military electronics: Huazhong University of Science and Technology, and others [21][22] - Missile manufacturers: North Navigation, and others [30][31] Financial Metrics - The overall gross margin for the defense and military sector was 19.77% in 2024, with a net profit margin of 3.56% [9][10] - The sector's fixed assets and construction in progress grew by 6.86% in 2024, indicating ongoing investment despite short-term challenges [14][26] Market Trends - The industry is witnessing a shift towards informationization and smart technologies, with new models expected to drive demand in the coming years [23] - The focus on military-civilian integration is expected to enhance the growth of new materials, with increasing penetration of military applications in civilian products [20]

Core Insights - The report maintains a positive outlook on the defense and military industry, indicating a potential recovery in performance as the new procurement cycle begins in 2025, following a challenging 2024 [1][5][9] - Short-term focus should be on the acceleration of delivery and improved capacity utilization, while long-term attention should be on the reform benefits from equipment procurement and supply chain changes [2] 2024 Financial Performance - The defense and military sector reported total revenue of 680.77 billion yuan in 2024, a year-over-year decline of 2.09%, with a net profit of 24.22 billion yuan, down 38.69% [5][9][12] - The overall gross margin stabilized at 19.77%, despite a decrease in net margin to 3.56% [9][10] 2025 Q1 Performance - In Q1 2025, the sector generated revenue of 130.11 billion yuan, a decrease of 2.84% year-over-year, with a net profit of 6.22 billion yuan, down 18.37% [5][9] - Positive signals from upstream inventory replenishment were noted, particularly in military electronics, which saw a revenue increase of 12.03% [5][9] Structural Differentiation - The report highlights increasing structural differentiation among various segments within the defense sector, with missile and related transactions expected to see significant growth in 2025 [5][9][14] - The report emphasizes the importance of strategic direction in equipment models and the innovation of processes, materials, and components [2][5] Key Segments to Watch - Notable companies to focus on include: - **Aerospace and Engine Manufacturing**: Companies like Runbei Aerospace, Aero Engine Corporation, and Longda Co. are highlighted for their potential in domestic production [5][9] - **Military Electronics**: Companies such as Zhonghang Guangdian and Aerospace Electronics are recommended for their roles in the evolving military electronics landscape [5][22] - **New Materials**: Companies like Fushun Special Steel and Steel Research High-Tech are noted for their growth driven by military-civilian integration [5][20] Future Outlook - The report anticipates a gradual recovery in profitability and performance as the sector transitions from destocking to restocking phases, particularly in 2025 [5][9][23] - The ongoing reforms in the military procurement and supply chain are expected to create new growth opportunities for companies that can adapt to the changing landscape [2][5][26]

证券代码：688053 证券简称：思科瑞 公告编号：2025-025 成都思科瑞微电子股份有限公司 2024年年度股东大会决议公告 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：2025 年 5 月 16 日 （二） 股东大会召开的地点：成都市高新区安泰四路 68 号 19 楼会议室 （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 | 42 | | --- | --- | | 普通股股东人数 | 42 | | 2、出席会议的股东所持有的表决权数量 | 64,809,977 | | 普通股股东所持有表决权数量 | 64,809,977 | | 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 | 65.74 | | 例（%） | | | 普通股股东所持有表决权数量占公司表决权数量的比例（%） | 65.74 | 注:截至本次股东大会股权 ...

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。 成都思科瑞微电子股份有限公司（以下简称"公司"） 拟于 2025 年 5 月 16 日 14 点 00 分召开 2024 年年度股东大会，本次会议采用现场投票和网络投票相 结合的表决方式，详见公司于 2025 年 4 月 26 日在上海证券交易所网站 （www.sse.com.cn）披露的《成都思科瑞微电子股份有限公司关于召开 2024 年 年度股东大会的通知》（公告编号：2025-021）。为更好地服务广大中小投资者， 确保有投票意愿的中小投资者能够及时参会、及时投票，公司拟使用上证所信息 网络有限公司（以下简称"上证信息"）提供的股东会提醒服务，委托上证信息通 过智能短信等形式，根据股权登记日的股东名册主动提醒股东参会投票。投资者 在 收 到 智 能 短 信 后 ， 可 根 据 使 用 手 册 （ 下 载 链 接 ： https://vote.sseinfo.com/i/yjt_help.pdf）的提示步骤直接投票，如遇拥堵等情况， 仍可通过原有的交易系统投票平台和互联网 ...

Core Viewpoint - The 2024 Annual General Meeting of Chengdu Sike Rui Microelectronics Co., Ltd. is set to discuss various proposals including the board and supervisory committee work reports, financial statements, profit distribution plan, and the appointment of the accounting firm for the upcoming year [1][2][3]. Group 1: Meeting Procedures and Regulations - The meeting will ensure the legal rights of all shareholders and maintain order and efficiency during the proceedings [1][2]. - Only authorized attendees, including shareholders, directors, supervisors, and invited personnel, will be allowed entry to the meeting [2][3]. - Shareholders must register 30 minutes prior to the meeting and present necessary identification to participate in voting [2][3]. Group 2: Meeting Agenda - The agenda includes the presentation of the 2024 Board of Directors' work report, independent directors' performance reports, and the financial resolution for the year [7][8][9]. - The meeting will also address the profit distribution plan, which proposes no cash dividends due to a net loss of approximately RMB 21 million for the year [12][13]. - The appointment of Zhonghui Certified Public Accountants as the auditing firm for the next fiscal year will be proposed [13][14]. Group 3: Financial Performance - The company reported a net loss of RMB 21,003,195.56 for 2024, a decline of 143.90% compared to the previous year [12][17]. - Total assets as of December 31, 2024, amounted to RMB 182,201.96 million, reflecting a slight decrease of 1.02% year-on-year [17]. - The company plans to use RMB 10 million of its excess fundraising to permanently supplement its working capital [15][16]. Group 4: Governance and Compliance - The Board of Directors and Supervisory Committee have adhered to legal and regulatory requirements, ensuring the protection of shareholder interests [8][25]. - The Supervisory Committee has conducted oversight on financial operations and internal controls, confirming compliance with relevant laws and regulations [26][28]. - The company has established a management system for insider information to prevent leaks and ensure transparency [28][29].

成都思科瑞微电子股份有限公司 2024 年年度股东大会会议资料 证券代码：688053 证券简称：思科瑞 成都思科瑞微电子股份有限公司 2024 年年度股东大会 会议资料 2025 年 5 月 | 4 | | | | --- | --- | --- | | | . N | 1 | | 年年度股东大会会议须知 | 1 | 2024 | 年年度股东大会会议议程 | 4 | 2024 | | --- | --- | --- | --- | --- | --- | | 年年度股东大会会议议案 | 6 | 2024 | | | | | 《成都思科瑞微电子股份有限公司 | 年度财务决算报告》 27 | 2024 | | | | 成都思科瑞微电子股份有限公司 2024 年年度股东大会会议资料 成都思科瑞微电子股份有限公司 2024 年年度股东大会会议须知 为保障成都思科瑞微电子股份有限公司（以下简称"公司"）全体股东的合 法权益，维护股东大会的正常秩序，保证股东大会的议事效率，确保本次股东大 会如期、顺利召开，根据《中华人民共和国公司法》（以下简称"《公司法》"）、 《成都思科瑞微电子股份有限公司章程》（以下简称"《公司章 ...

对于亏损，思科瑞解释称，主要客户为各大军工集团下属单位及相关电子厂商，受军工行业人事调整、武器装备参数及型号调整等因素影响，军工行业处于 阶段性调整，订货需求量减少，检测订单量下滑。同时，市场竞争加剧导致部分检测业务价格下降，共同致使营业收入降低。 单季度看，2024年第四季度思科瑞实现营业收入4455.58万元，同比增长2.23%，环比增长2.05%；归母净亏损为2271.83万元，同比下降742.17%，环比下降 643.00%；扣非归母净亏损为2483.47万元，同比下降452.00%，环比下降735.83%。 4月26日，成都思科瑞微电子股份有限公司（以下简称"思科瑞"）发布2024年报。数据显示，2024年思科瑞营业收入为1.44亿元，同比下降28.40%；归母净 亏损为2100.32万元，同比下降143.90%；扣非归母净亏损为2602.10万元，同比下降161.25%；基本每股收益为-0.21元/股。 财务指标方面，2024年思科瑞毛利率为36.30%，同比下降17.67个百分点；净利率为-17.25%，同比下降40.45个百分点。 公开信息显示，思科瑞成立于2014年12月19日，上市日期为2 ...

Core Viewpoint - The company emphasizes the accuracy and completeness of its quarterly report, ensuring no false statements or omissions exist, and holds its board and management accountable for the report's content [2][3]. Financial Data - The quarterly financial report is not audited, and the company has provided key financial data in RMB [3][8]. - The company has identified non-recurring gains and losses, which are applicable for reporting [3]. Shareholder Information - The total number of ordinary shareholders and the situation of the top ten shareholders are disclosed, with a specific mention of a repurchase account holding 1,419,877 shares, accounting for 1.42% of the total share capital [4]. Regulatory Matters - The company received an administrative regulatory decision from the Sichuan Securities Regulatory Bureau on January 17, 2025, and has taken it seriously, implementing corrective measures [6][7]. - A special meeting was held to address the issues raised in the regulatory decision, and a report on the corrective actions was approved in subsequent board meetings [7]. Accounting Adjustments - The company has conducted a thorough review of revenue recognition issues mentioned in the regulatory decision and has made necessary corrections, which were approved in a board meeting on April 25, 2025 [7][9].

Financial Performance - The company's operating revenue for Q1 2025 was ¥38,661,101.09, representing a 34.85% increase compared to ¥28,670,179.99 in the same period last year[4]. - The net profit attributable to shareholders was -¥5,301,909.06, a decrease of 215.97% from ¥4,571,726.52 in the previous year[4]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥7,393,596.85, down 320.24% from ¥3,357,116.13 year-on-year[4]. - Net profit for Q1 2025 was a loss of ¥6,121,932.54, compared to a profit of ¥3,276,392.33 in Q1 2024[20]. - The total comprehensive income for the period was -6,121,932.54 RMB, compared to 3,276,392.33 RMB in the previous period, marking a decline of approximately 287%[21]. Cash Flow - The cash flow from operating activities was -¥5,629,481.95, a decline of 123.86% compared to ¥23,596,244.96 in the same period last year[5]. - In Q1 2025, the company's operating cash flow was -5,629,481.95 RMB, a significant decrease from 23,596,244.96 RMB in Q1 2024, indicating a decline of approximately 124% year-over-year[23]. - Total cash inflow from operating activities in Q1 2025 was 37,817,602.02 RMB, down 40.5% from 63,642,173.32 RMB in Q1 2024[24]. - Cash and cash equivalents at the end of Q1 2025 were 176,081,617.44 RMB, down from 238,364,031.05 RMB at the end of Q1 2024, representing a decrease of approximately 26%[25]. - The company incurred cash outflows from investing activities of 45,505,702.46 RMB in Q1 2025, compared to 82,333,578.89 RMB in Q1 2024, reflecting a reduction of about 44.8%[25]. - Cash inflow from financing activities was 4,696,865.58 RMB in Q1 2025, contrasting with an outflow of -11,212,636.27 RMB in Q1 2024, indicating a turnaround in financing cash flow[25]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,795,748,384.28, a decrease of 1.44% from ¥1,822,019,588.53 at the end of the previous year[5]. - Total liabilities decreased to ¥151,110,382.89 from ¥171,259,654.60 year-over-year[17]. - The company's equity attributable to shareholders decreased slightly to ¥1,602,701,069.83 from ¥1,608,002,978.89 year-over-year[18]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 5,382[9]. - The total number of shares held by the top 10 shareholders includes 4,610,000 shares by Ningbo Tongtai Xin Venture Capital Partnership and 2,460,000 shares by Ningbo Tongyuan Youbo Venture Capital Partnership[10]. - The top shareholder, Hai Luo Chuang Tou Holdings (Zhuhai) Co., Ltd., holds 426,602 shares, with no shares held in ordinary securities accounts[11]. Regulatory and Compliance - The company received an administrative regulatory measure decision from the China Securities Regulatory Commission on January 17, 2025, which is being addressed with corrective measures[12]. - The company held a board meeting on April 25, 2025, to review and approve corrections related to prior accounting errors and periodic report adjustments[14]. - The company is focused on compliance and has implemented specific rectification measures in response to regulatory feedback[13]. Research and Development - Research and development expenses totaled ¥5,122,522.39, accounting for 13.25% of operating revenue, down from 20.48% in the previous year[5]. - Research and development expenses for Q1 2025 were ¥5,122,522.39, a decrease from ¥5,872,639.91 in Q1 2024[19]. Inventory and Receivables - The company experienced an increase in inventory unit costs and recognized inventory impairment provisions, impacting net profit negatively[8]. - The company attributed the decline in net profit to increased depreciation costs and a decrease in cash collection from major clients[8]. - Accounts receivable increased to ¥167,516,216.89 from ¥165,084,679.92, reflecting a slight growth of about 1.5%[15]. - The company’s other receivables amounted to ¥2,837,160.81, showing a slight increase from ¥2,562,833.11[15]. - The company’s prepayments rose significantly to ¥4,690,813.10 from ¥2,819,681.48, marking an increase of approximately 66%[15]. Future Outlook - The company plans to focus on market expansion and new product development in the upcoming quarters[19]. - The company's financial report for the first quarter of 2025 is unaudited, indicating a need for further review before finalization[15].