北京市天元律师事务所 关于昆山国力电子科技股份有限公司 2026 年第一次临时股东会的法律意见 京天股字（2026）第 088 号 致：昆山国力电子科技股份有限公司 昆山国力电子科技股份有限公司（以下简称"公司"）2026 年第一次临时股东 会（以下简称"本次股东会"）采取现场投票与网络投票相结合的方式召开，其中 现场会议于 2026 年 3 月 3 日在昆山开发区西湖路 28 号国力股份 1 号会议室召开。 北京市天元律师事务所（以下简称"本所"）接受公司聘任，指派本所律师参加本 次股东会，并根据《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》）、《上市公司股东会规则》（以下简称《股东会规则》）以及《昆山国力 电子科技股份有限公司章程》（以下简称《公司章程》）等有关规定，就本次股东会 的召集、召开程序、出席现场会议人员的资格、召集人资格、会议表决程序及表决 结果等事项出具本法律意见。 为出具本法律意见，本所律师审查了公司提供的第三届董事会第二十五次会议 材料，公司在指定媒体披露的《昆山国力电子科技股份有限公司关于召开 2026 年 第一次临时股东会的通知》（以下简称《召开股东会通知》） ...

Core Viewpoint - Guokai Electronics (688103.SH) has successfully applied its magnetron products in the synthetic diamond business, meeting customer needs and achieving mass promotion [1] Group 1: Company Developments - The company’s magnetron products are now utilized in the synthetic diamond sector, which has been recognized by clients [1] - Mass promotion of these products has been achieved, indicating a successful market entry [1] Group 2: Industry Insights - Synthetic diamonds, due to their excellent thermal conductivity, have significant application prospects in the semiconductor cooling field [1] - There is currently no direct product application related to the diamond cooling solutions used in NVIDIA chips [1]

Group 1 - Ninebot Company achieved a revenue of 21.325 billion yuan in 2025, a year-on-year increase of 50.22%, and a net profit of 1.755 billion yuan, up 61.84% [1] - Huizhong Co., Ltd. reported a revenue of 450 million yuan in 2025, a 16.79% increase, with a net profit of 66.2099 million yuan, up 14.7% [2] - Dalian Heavy Industry achieved a revenue of 15.501 billion yuan in 2025, an 8.54% increase, with a net profit of 588 million yuan, up 18.17% [3] - Jiepte's optical connection business is still in its early stages, contributing less than 5% to total revenue, with uncertainties due to market demand and competition [4] - Yuanguang Software reported a revenue of 2.593 billion yuan in 2025, an 8.12% increase, with a net profit of 301 million yuan, up 2.8% [5] - Kaipu Cloud reported a revenue of 418 million yuan in 2025, a 32.24% decrease, with a net loss of 10.8071 million yuan [6] - Cambricon achieved a total revenue of 6.497 billion yuan in 2025, a 453.21% increase, with a net profit of 2.059 billion yuan, compared to a loss of 452 million yuan in the previous year [7] - Sanxin Medical reported a revenue of 1.64 billion yuan in 2025, a 9.31% increase, with a net profit of 262 million yuan, up 15.43% [8] - Wanji Technology won a project bid worth 22 million yuan, aligning with its smart connected business development plan [9] - Xingrong Environment proposed a cash dividend of approximately 2.35 yuan per 10 shares for 2025, based on a 35% payout ratio of net profit [10] - Lankai Technology achieved a revenue of 5.456 billion yuan in 2025, a 49.94% increase, with a net profit of 2.236 billion yuan, up 58.35% [11] - Muxi Co., Ltd. reported a revenue of 1.644 billion yuan in 2025, a 121.26% increase, but incurred a net loss of 778 million yuan [12] - Hubei Yihua reported a revenue of 25.659 billion yuan in 2025, a 1.04% increase, with a net profit of 889 million yuan, down 16.74% [13] - Microchip Bio proposed a share buyback plan of 80 million to 120 million yuan for employee stock ownership [14] - Moore Thread reported a revenue of 1.506 billion yuan in 2025, a 243.37% increase, with a net loss of 1.024 billion yuan [15] - Huace Navigation achieved a revenue of 3.681 billion yuan in 2025, a 13.24% increase, with a net profit of 681 million yuan, up 16.7% [16] - Jiangfeng Electronics reported a revenue of 4.605 billion yuan in 2025, a 27.75% increase, with a net profit of 481 million yuan, up 20.15% [17] - Wol Nuclear Materials achieved a revenue of 8.451 billion yuan in 2025, a 22% increase, with a net profit of 1.135 billion yuan, up 33.95% [18] - Shenghong Co., Ltd. reported a revenue of 3.463 billion yuan in 2025, a 14.07% increase, with a net profit of 474 million yuan, up 10.58% [19] - Sun Paper achieved a revenue of 39.184 billion yuan in 2025, a 3.79% decrease, with a net profit of 3.258 billion yuan, up 5.05% [20] Group 2 - Wuhan Tianyuan's actual controller plans to reduce holdings by up to 1.93% of the company's shares [21][22] - Zhenghai Bio's shareholder plans to reduce holdings by up to 2% of the company's shares [23] - Baiwei Storage reported a revenue of 11.296 billion yuan in 2025, a 68.72% increase, with a net profit of 867 million yuan, up 437.56% [24] - Jierong Technology received a notice of investigation from the China Securities Regulatory Commission for suspected information disclosure violations [25] - Tengda Construction won a bid for a city parking lot construction project worth 172 million yuan [26] - Jiazhen New Energy's shareholder plans to reduce holdings by up to 3% of the company's shares [27] - Jiabiou reported a revenue of 575 million yuan in 2025, a 3.47% increase, with a net profit of 157 million yuan, up 26.15% [28] - Jingsheng Co., Ltd.'s shareholder plans to reduce holdings by up to 3% of the company's shares [29] - Chengdi Xiangjiang's subsidiary signed a significant contract with Shanghai Unicom, with an estimated contract value of 642 million yuan [30] - Guoci Materials plans to acquire 100% of Australian-listed company SDI for 166 million AUD (approximately 816 million yuan) [31] - Zhongfutong plans to raise no more than 643 million yuan through a private placement for various projects [32] - Yuanjie Technology reported a revenue of 601 million yuan in 2025, a 138.5% increase, with a net profit of 191 million yuan, compared to a loss of 6.134 million yuan in the previous year [33] - *ST Dazheng's shareholder plans to reduce holdings by up to 1% of the company's shares [34] - Huasheng Tiancheng clarified its cooperation model with Huawei, indicating that it has a minor impact on overall revenue [35] - Fenghuo Communication reported that its low-orbit satellite communication business contributes less than 1% to total revenue [36] - Huasheng Chang plans to acquire 100% of Jialante's shares for 460 million yuan [37] - Hekang New Energy plans to raise no more than 1.652 billion yuan from Midea Group for various projects [38] - Shuangliang Energy is under investigation by the CSRC for misleading information disclosure [39] - Jingfang Technology reported a revenue of 1.474 billion yuan in 2025, a 30.44% increase, with a net profit of 370 million yuan, up 46.23% [40][41] - Zhongji Xuchuang reported a revenue of 38.24 billion yuan in 2025, a 60.25% increase, with a net profit of 10.799 billion yuan, up 108.81% [42] - Shunluo Electronics reported a revenue of 6.745 billion yuan in 2025, a 14.39% increase, with a net profit of 1.021 billion yuan, up 22.71% [43] - Visual China plans to issue H-shares and apply for listing on the Hong Kong Stock Exchange [44] - Haitai Development is under investigation by the CSRC for information disclosure violations [45] - Biyin Lefen's controlling shareholder plans to increase holdings by 100 million to 200 million yuan [46] - Tapa Group reported a revenue of 4.107 billion yuan in 2025, a 3.99% decrease, with a net profit of 634 million yuan, up 17.87% [47] - Lite Optoelectronics plans to invest in a quartz fabric R&D center and production base with a total investment of 1 billion yuan [48] - Demingli reported a revenue of 10.789 billion yuan in 2025, a 126.07% increase, with a net profit of 688 million yuan, up 96.35% [49] - Shengke Communication's state-owned investment fund reduced its shareholding to 13% [50] - Tongxing Technology plans to invest in a sodium-ion battery anode material project with a total investment of approximately 500 million yuan [51] - *ST Rindong applied to revoke the delisting risk warning for its stock, reporting a net profit of 360 million yuan in 2025, compared to a loss of 833 million yuan in the previous year [53] - Guoli Electronics reported a revenue of 1.323 billion yuan in 2025, a 66.98% increase, with a net profit of 70.6089 million yuan, up 133.51% [54] - Jingzhida plans to raise no more than 2.959 billion yuan through a private placement for various projects [55] - Hongdian Film reported a revenue of 2.298 billion yuan in 2025, a 16.55% increase, with a net profit of 159 million yuan, compared to a loss of 96.376 million yuan in the previous year [56] - Jingzhida's shareholders plan to reduce holdings by up to 1.55% of the company's shares [57] - Xin Anjie announced that its chairman is under investigation and has been detained [58]

Financial Performance - In 2025, the company achieved operating revenue of 1,323.16 million yuan, representing a year-on-year increase of 66.98% [4] - The net profit attributable to the parent company was 70.61 million yuan, up 133.51% year-on-year [4] - The net profit attributable to the parent company after deducting non-recurring gains and losses was 61.59 million yuan, reflecting a significant increase of 236.91% [4] Financial Position - As of the end of 2025, the company's total assets amounted to 2,627.95 million yuan, an increase of 18.71% compared to the beginning of the year [4] - The equity attributable to the parent company was 1,130.10 million yuan, showing a slight decrease of 0.75% from the beginning of the year [4] Factors Influencing Performance - The high prosperity of the new energy vehicle industry has led to sustained growth in downstream market demand, significantly boosting the company's order volume [5] - Rapid growth in revenue from core products such as control boxes and relays has enhanced profitability, with breakthroughs in core component business in large scientific projects and other emerging application fields contributing to profit growth [5] - Optimization of cost and expense management has improved operational efficiency, further driving net profit growth [5] Significant Changes in Financial Metrics - The company reported substantial increases in various financial metrics, including operating revenue, operating profit, total profit, net profit attributable to the parent company, net profit after deducting non-recurring gains and losses, and basic earnings per share, with growth rates ranging from 66.98% to 236.91% [6]

Core Viewpoint - Guokai Electronics (688103.SH) reported a significant increase in revenue and net profit for the fiscal year 2025, driven by strong demand in the electric vehicle industry and effective cost management [1] Group 1: Financial Performance - The company achieved an operating revenue of 1.323 billion yuan, representing a year-on-year growth of 66.98% [1] - The net profit attributable to the parent company was 70.61 million yuan, reflecting a year-on-year increase of 133.51% [1] Group 2: Factors Influencing Performance - The high demand in the electric vehicle industry has led to a substantial increase in product orders, positively impacting the company's performance [1] - Core product sales, including control boxes and relays, experienced rapid revenue growth, enhancing profitability [1] - The company made significant breakthroughs in core component business within large scientific projects and other emerging application fields, contributing to profit growth through successful product deliveries [1] - Optimization in cost and expense management has resulted in improved operational efficiency, further driving net profit growth [1]

Core Viewpoint - Guokai Electronics (688103.SH) reported a significant increase in revenue and net profit for the fiscal year 2025, driven by strong demand in the electric vehicle sector and effective cost management [1] Group 1: Financial Performance - The company achieved an operating revenue of 1.323 billion yuan, representing a year-on-year growth of 66.98% [1] - The net profit attributable to the parent company was 70.61 million yuan, reflecting a year-on-year increase of 133.51% [1] Group 2: Factors Influencing Performance - The high demand in the electric vehicle industry has led to a substantial increase in product orders for the company [1] - Revenue from core products such as control boxes and relays has seen rapid growth, enhancing profitability [1] - The company made significant breakthroughs in core component business within large scientific projects and other emerging application fields, contributing to profit growth [1] - Optimization in cost and expense management has improved operational efficiency, further driving net profit growth [1]

Core Insights - The company reported a significant increase in revenue and net profit for the fiscal year 2025, with total revenue reaching 1.323 billion yuan, a year-on-year growth of 66.98% [1] - The net profit attributable to the parent company was 70.609 million yuan, reflecting a year-on-year increase of 133.51% [1] - The net profit after deducting non-recurring gains and losses was 61.5874 million yuan, showing a substantial year-on-year growth of 236.91% [1] Industry Factors - The high demand in the new energy vehicle industry has led to a continuous increase in market demand, significantly boosting the company's order volume [1] - The sales revenue of core products such as control boxes and relays has experienced rapid growth, enhancing profitability [1] - The company has made significant breakthroughs in core component businesses within large scientific projects and other emerging application fields, contributing to profit growth through successful product deliveries [1] - Optimization in cost and expense management has shown effects, improving operational efficiency and further driving net profit growth [1]

Group 1 - The core viewpoint of the article highlights the significant growth in the performance of Guokai Electronics, with a reported revenue of approximately 1.32 billion yuan for the fiscal year 2025, representing a year-on-year increase of 66.98% [1] - The net profit attributable to shareholders of the listed company reached 70.61 million yuan, marking a substantial year-on-year increase of 133.51% [1] - Basic earnings per share increased to 0.74 yuan, reflecting a year-on-year growth of 131.25% [1] Group 2 - In February, China's AI usage surpassed that of the United States for the first time, with four major models ranking among the top five globally, indicating a rapid increase in domestic computing power demand [1]

| | | 昆山国力电子科技股份有限公司 2025 年度业绩快报公告 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。 本公告所载2025年度主要财务数据为初步核算数据，未经会计师事务所审 计，具体数据以昆山国力电子科技股份有限公司（以下简称"公司"）2025年年 度报告为准，提请投资者注意投资风险。 一、2025 年度主要财务数据和指标 | 单位：万元 | | --- | （一）报告期的经营情况、财务状况及影响经营业绩的主要因素 1.经营情况：2025 年度公司实现营业收入 132,316.20 万元，同比增长 66.98%；归属于母公司所有者的净利润 7,060.89 万元，同比增长 133.51%；归 属于母公司所有者的扣除非经常性损益的净利润 6,158.74 万元，同比增长 236.91%。 2.财务状况：2025 年末公司总资产 262,795.30 万元，较期初增长 18.71 %； 归属于母公司的所有者权益 113,010.19 万元，较期初减少 0.75%。 3.影响经营业绩的主要因素 | 项目 | 本报告 ...

国力电子2月27日发布的2025年度业绩快报显示，公司报告期内实现营业总收入13.23亿元，同比增长 66.98%；归属于上市公司股东的净利润7060.89万元，同比增长133.51%；基本每股收益0.74元。 ...