北京植德律师事务所 关于苏州世华新材料科技股份有限公司 控股股东之一致行动人 增持公司股份的 法律意见书 植德(证)字[2026]0001-1 号 二〇二六年一月 北京植德律师事务所 Merits & Tree Law Offices 北京市东城区东直门南大街 1 号来福士中心办公楼 12 层 邮编: 100007 12th Floor, Raffles City Beijing Office Tower, No.1 Dongzhimen South Street, Dongcheng District, Beijing 100007 P.R.C 电话(Tel):010-56500900 传真(Fax): 010-56500999 www.meritsandtree.com 北京植德律师事务所 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》")、《上市公司收购管理办法》(以下简称"《收购 管理办法》")、《上海证券交易所上市公司自律监管指引第 8 号 -- 股份变动管 理》等法律、行政法规、部门规章及其他规范性文件(以下简称"法律法规") 的有关规定, ...

证券代码：688093 证券简称：世华科技 公告编号：2026-002 苏州世华新材料科技股份有限公司 关于控股股东一致行动人增持公司股份计划 实施完毕暨增持结果公告 本公司董事会、全体董事及相关股东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： 已披露增持计划情况 苏州世华新材料科技股份有限公司（以下简称"公司"）于 2025 年 1 月 9 日 在上海证券交易所网站（www.sse.com.cn）披露了《苏州世华新材料科技股份有 限公司关于控股股东一致行动人增持公司股份计划的公告》（公告编号： 2025-007）。为积极响应中国证监会鼓励上市公司控股股东、实际控制人增持上 市公司股票的号召，且基于对公司未来持续稳定发展的坚定信心及对公司长期投 资价值的认可，公司控股股东、实际控制人顾正青先生之一致行动人耶弗有投资 发展（苏州）有限公司（以下简称"耶弗有投资"）拟自 2025 年 1 月 9 日起 12 个 月内，以银行专项贷款和自有资金，通过上海证券交易所交易系统以集中竞价交 易方式增持公司无限售流通 A 股股份，增持金额 ...

2025 年 11 月 4 日，世拓材料办理完成了本项目的《江苏省投资项目备案证》 （备案证号：张保投资备[2025]309 号，项目名称：高性能光学和集成电路高分 子材料项目，项目总投资：50,000 万元，计划开工时间：2026 年）。 近日，世拓材料参与了张家港市自然资源和规划局以网上挂牌方式公开出让 的国有建设用地使用权竞拍，成功竞得本项目 34,722.1 平方米的建设用地使用权， 并与张家港市自然资源和规划局签署了《国有建设用地使用权出让合同》（以下 简称"《出让合同》"）。 上述事项不构成关联交易，亦不构成《上市公司重大资产重组管理办法》规 定的重大资产重组。 三、《出让合同》的主要内容 证券代码：688093 证券简称：世华科技 公告编号：2026-001 苏州世华新材料科技股份有限公司 关于全资子公司签订国有建设用地使用权出让合同 暨对外投资进展的自愿性披露公告 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。 一、对外投资概述 苏州世华新材料科技股份有限公司（以下简称"公司"）于 2025 年 3 月 2 ...

南财智讯1月4日电，世华科技公告，耶弗有投资发展（苏州）有限公司自2025年1月15日至2025年12月 31日，通过上海证券交易所系统以集中竞价交易方式累计增持公司A股股份230.53万股，约占公司总股 本的0.82%，累计增持金额为6,001.10万元人民币（不含交易费用），已达到本次增持计划金额下限， 本次增持计划实施完毕。本次增持后，耶弗有投资及其一致行动人合计持有公司股份比例由43.12%增 至43.94%。本次增持不会导致公司控股股东及实际控制人发生变化，耶弗有投资承诺在法定期限内不 减持所持有的公司股份。 ...

Core Viewpoint - The stock of Shihua Technology has shown significant growth this year, with a year-to-date increase of 83.47%, despite recent fluctuations in trading volume and net capital outflow [1][2]. Group 1: Stock Performance - As of December 24, Shihua Technology's stock price reached 36.02 yuan per share, with a market capitalization of 10.099 billion yuan [1]. - The stock has experienced a 3.95% increase over the last five trading days and a 5.62% increase over the last 20 days, while it has decreased by 11.44% over the last 60 days [1]. - The company has appeared on the "Dragon and Tiger List" once this year, with a net buy of -5.3886 million yuan on April 18 [1]. Group 2: Financial Performance - For the period from January to September 2025, Shihua Technology reported a revenue of 845 million yuan, representing a year-on-year growth of 49.23%, and a net profit attributable to shareholders of 316 million yuan, up 61.81% year-on-year [2]. - The company's main business revenue composition includes functional electronic materials (62.90%) and high-performance optical materials (36.81%) [1]. Group 3: Shareholder Information - As of September 30, 2025, the number of shareholders increased by 28.47% to 9,936, while the average circulating shares per person decreased by 22.16% to 26,432 shares [2]. - The company has distributed a total of 493 million yuan in dividends since its A-share listing, with 438 million yuan distributed over the past three years [3]. - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited is a new entrant holding 738,900 shares, while E Fund Value Growth Mixed Fund has reduced its holdings by 40,000 shares [3].

1 公司为功能性材料专精特新小巨人企业 1.1 成立于 2010 年，产品应用于多家知名消费电子品牌 苏州世华新材料科技股份有限公司成立于2010 年，于2020年于上交所科创板上市，为一家从事功能性材料研发、 生产及销售的国家级专精特新小巨人企业、国家高新技术企业。公司产品主要包括高性能光学材料、功能性电子 材料和功能性粘接剂，可广泛应用于消费电子、新型显示、可穿戴设备、新能源智能汽车、医疗电子等行业。世 华科技具备功能性材料的核心设计合成能力，专注于为客户提供定制化功能性材料，可根据客户的差异化材料需 求，以粘接特性、物理特性、化学特性、耐候性等功能维度为基础，形成矩阵化功能材料体系，设计、合成出在 多个功能维度同时满足客户需求的复合功能性材料。 世华科技目前拥有三个制造工厂与 400+名员工，在深圳、 苏州、上海、香港、美国、新加坡、日本等地设有全资子公司，产品已广泛应用于苹果公司、三星公司等多家知 名消费电子品牌产品，并与其产业链企业建立了长期稳定的合作关系。 1.2 三阶段快速发展，一体两翼、创新驱动 苏州世华新材料科技股份有限公司成立于2010 年，公司历史发展主要由三个阶段构成。第一阶段为 20 ...

证券日报网讯12月19日，世华科技在互动平台回答投资者提问时表示，公司始终关注并重视在资本市场 的表现，通过提升经营管理质量、积极制定利润分配方案、大股东增持等多种方式，切实履行上市公司 的责任和义务，力争以良好业绩推动公司内在价值的可持续增长，积极维护投资者权益。 ...

Investment Rating - The investment rating for the company is "Accumulate" with a target price of 48.25 CNY [5][11]. Core Insights - The company is deeply engaged in high-end electronic materials, with the explosion of AI mobile phone demand expected to drive both volume and price increases for its products. Additionally, the continuous expansion into optoelectronic display materials provides ample growth momentum for the future [2][11]. - The company has three main product lines: electronic composite materials, optoelectronic display module materials, and functional adhesives, which are applied in OLED display modules, consumer electronics, AI smart hardware, and automotive electronics. Its products are already utilized by well-known domestic and international consumer electronics brands and display panel industry clients [11]. - The company is investing 2.05 billion CNY in a new high-performance optical adhesive film project, which has already commenced construction. This will further enhance its capabilities in optical display film materials, photosensitive materials, and optical display coating materials [11]. Financial Summary - Total revenue is projected to grow from 511 million CNY in 2023 to 2,008 million CNY in 2027, with a compound annual growth rate (CAGR) of approximately 31.4% [4][12]. - Net profit attributable to the parent company is expected to increase from 193 million CNY in 2023 to 698 million CNY in 2027, reflecting a CAGR of about 29.1% [4][12]. - Earnings per share (EPS) is forecasted to rise from 0.69 CNY in 2023 to 2.49 CNY in 2027 [4][12]. Market Position - The company operates in a market where high-end optical materials are predominantly controlled by foreign enterprises from the US, Japan, and South Korea, indicating significant potential for domestic substitution [11]. - The company has successfully broken the monopoly of foreign firms by achieving new customer certifications and mass production sales of its optoelectronic products, which are gradually ramping up [11].

Core Insights - On December 8, a total of 6 stocks received buy ratings from brokerages, with 1 stock announcing a target price [1] - Based on the highest target price, Shihua Technology ranks first in potential price increase, with an expected rise of 22.7% [1] - Among the stocks receiving buy ratings, 3 maintained their previous ratings while 3 received ratings for the first time [1] Industry Summary - The sectors with the highest number of stocks receiving buy ratings include Food, Beverage & Tobacco with 2 stocks, Technology Hardware & Equipment with 1 stock, and Capital Goods with 1 stock [1]

Investment Rating - The report assigns a "Buy" rating for the company for the first time [1]. Core Views - The company, Suzhou Shihua New Materials Technology Co., Ltd., is recognized as a national-level specialized and innovative "little giant" enterprise, focusing on the research, production, and sales of functional materials [6][12]. - The company has maintained high growth in revenue and net profit, with a five-year CAGR of 26.96% for revenue and 27.84% for net profit from 2019 to 2024 [6][24]. - The company has established deep cooperation with major clients like Apple and Samsung, which enhances its market position and stability [6][20]. - The company has recently completed a fundraising of 590 million yuan to expand its optical film materials project, which is expected to significantly contribute to future growth [6][24]. Financial Forecast - Total revenue is projected to grow from 511.50 million yuan in 2023 to 1,923.41 million yuan in 2027, with a growth rate of 10.64% in 2023 and 55.36% in 2024 [5]. - Net profit attributable to shareholders is expected to increase from 193.46 million yuan in 2023 to 669.06 million yuan in 2027, with a growth rate of 4.36% in 2023 and 44.56% in 2024 [5]. - The company's EPS is forecasted to be 1.56 yuan in 2025, with a corresponding P/E ratio of 22.61 [5]. Company Overview - The company was established in 2010 and has developed a range of functional materials used in various industries, including consumer electronics and medical electronics [12][20]. - The company operates three manufacturing plants and has over 400 employees, with a strong presence in both domestic and international markets [12][20]. - The management team has extensive experience in the industry, contributing to the company's innovative capabilities and patent development [20][21]. Business Segments - The main business segments include functional electronic materials and high-performance optical materials, with the latter showing rapid revenue growth due to new project developments [29][39]. - The functional electronic materials segment has seen steady growth, while the high-performance optical materials segment is expected to contribute significantly to future revenues [29][39]. Market Trends - The global consumer electronics market is projected to grow from 788.23 billion USD in 2024 to 1,073.77 billion USD by 2032, driven by advancements in AI, IoT, and 5G technologies [53]. - The demand for high-end smartphones is increasing, with a notable shift towards premium devices, which is expected to benefit the company's functional materials [55][58].