| 证券代码：688103 | 证券简称：国力股份 | 公告编号：2025-031 | | --- | --- | --- | | 转债代码：118035 | 转债简称：国力转债 | | 本次调整原因：昆山国力电子科技股份有限公司(以下简称"公司")2024 年 度利润分配方案公告中披露的每股分配比例和分配总额以 2024 年 12 月 31 日的 股份数为基准计算,自 2025 年 1 月 1 日至 2025 年 6 月 10 日，公司共计回购股份 213,143 股。根据《上市公司股份回购规则》《上海证券交易所上市公司自律监 管指引第 7 号——回购股份》和《公司章程》的有关规定，上市公司回购专用证 券账户中的股份，不享有利润分配的权利。公司按照现金分配总额不变的原则， 对 2024 年度利润分配方案的每股分配比例进行相应调整。 一、公司 2024 年度利润分配方案 公司于 2025 年 5 月 19 日召开 2024 年年度股东大会，审议通过了《关于公 司 2024 年度利润分配方案的议案》。公司拟以实施权益分派股权登记日登记的 总股本为基数，向全体股东每 10 股派发现金红利 2.10 元（含税），公 ...

Core Viewpoint - The company is actively expanding its product offerings in the electric vehicle sector and enhancing its market competitiveness through strategic initiatives and product development [1][2][4] Group 1: Company Performance and Market Position - As of June 6, 2025, the company's stock price closed at 56.91 yuan, down 0.61% from the previous week, with a market capitalization of 5.424 billion yuan, ranking 19th in the electronic sector [1] - The company has maintained a high capacity utilization rate for its electric vehicle products and has established dedicated production lines to meet the demands of major clients [1][2] Group 2: Product Development and Profitability - The company is developing a new energy control box product to improve the gross margin of its electric vehicle segment, with significant delivery increases expected in 2025 [2][4] - The company has a core product layout in the controlled nuclear fusion field, including cold cathode thyratrons and vacuum capacitors, which are essential for fusion devices [2] Group 3: Share Buyback and Financial Announcements - The company has repurchased a total of 188,143 shares, accounting for 0.1974% of its total share capital, with a total expenditure of approximately 9.67 million yuan [2][4] - The company announced that the "Guoli Convertible Bond" will pay interest of 0.50 yuan per bond on June 12, 2025 [3][4]

Group 1 - The core viewpoint of the news is that 聚鸣投资 has conducted research on 国力股份, a company engaged in the development, production, and sales of electronic vacuum devices, which are widely used in various sectors including new energy vehicles, aerospace, and semiconductor equipment [1] - 国力股份 maintains a high capacity utilization rate and is expanding its production capacity through fundraising projects to meet market demand [1] - The company is addressing the low profit margins in the new energy vehicle sector by developing a new energy control box product, with expected delivery volume increasing by 2025 and potential improvement in profit margins [1] - In the field of controlled nuclear fusion, 国力股份 provides products such as cold cathode thyratrons, velocity modulation tubes, and vacuum capacitors, demonstrating rapid response and high power handling capabilities [1] - The company's products are widely used in semiconductor equipment manufacturing, particularly in plasma etching devices, and it aims to enhance competitiveness by improving product quality and reducing costs [1] Group 2 - 聚鸣投资 is a prominent private equity fund manager in China, focusing on "contrarian investment" and "growth investment" with a commitment to stable and sustainable investment returns [2] - The company manages over 30 billion and has a core team with backgrounds from top domestic and international universities, including Tsinghua University [2] - The chairman and investment director, 刘晓龙, has extensive experience in fund management, having previously managed over 30 billion in public funds and achieved significant recognition in the industry [2] - The private equity period has shown stable and outstanding performance, with representative products achieving absolute positive returns of 7.6% in 2018, 65.06% in 2019, and 97.13% in 2020, along with various industry awards [2]

| | | 昆山国力电子科技股份有限公司 关于举办 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。 一、说明会类型 昆山国力电子科技股份有限公司（以下简称"公司"）已于 2025 年 4 月 29 会议召开时间：2025 年 6 月 11 日（星期三）15:00-16:30 会议召开地点：价值在线（www.ir-online.cn） 会议召开方式：网络文字互动方式 会 议 问 题 征 集 ： 投 资 者 可 于 2025 年 6 月 11 日 前 访 问 网 址 https://eseb.cn/1oPtWxwGhK8 或使用微信扫描下方小程序码进行会前提 问，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。 日在上海证券交易所网站（www.sse.com.cn）披露了《昆山国力电子科技股份有 限公司 2024 年年度报告》、《昆山国力电子科技股份有限公司 2024 年年度报告 摘要》及《昆山国力电子科技股份有限公司 2025 年第一季度报 ...

| 证券代码：688103 | 证券简称：国力股份 | 公告编号：2025-029 | | --- | --- | --- | | 转债代码：118035 | 转债简称：国力转债 | | 昆山国力电子科技股份有限公司 关于"国力转债"2025年付息的公告 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： 昆山国力电子科技股份有限公司(以下简称"公司")于 2023 年 6 月 12 日发 行的可转换公司债券（以下简称"国力转债"或"可转债"）将于 2025 年 6 月 12 日开始支付自 2024 年 6 月 12 日至 2025 年 6 月 11 日期间的利息。根据《昆 山国力电子科技股份有限公司向不特定对象发行可转换公司债券募集说明书》 （以下简称《可转债募集说明书》）有关条款的规定，现将有关事项公告如下： 一、可转债发行上市概况 （一） 可转债发行情况 根据中国证券监督管理委员会《关于同意昆山国力电子科技股份有限公司向 不特定对象发行可转换公司债券注册的批复》（证监许可[2023]1065 号），公司 ...

重要内容提示： | 回购方案首次披露日 | 2025/3/26 | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | | 回购方案实施期限 | 2025 3 3 23 | 年 | 月 | 24 | 日~2026 | 年 | 月 日 | | 预计回购金额 | 3,000万元~5,000万元 | | | | | | | | 回购用途 | □减少注册资本 √用于员工持股计划或股权激励 □用于转换公司可转债 | | | | | | | | | □为维护公司价值及股东权益 | | | | | | | | 累计已回购股数 | 18.8143万股 | | | | | | | | 累计已回购股数占总股本比例 | 0.1974% | | | | | | | | 累计已回购金额 | 967.0376万元 | | | | | | | | 实际回购价格区间 | 47.80元/股~54.30元/股 | | | | | | | | 证券代码：688103 | 证券简称：国力股份 | 公告编号：2025-028 | | --- | --- | --- | | 转债代 ...

Group 1 - The Shanghai Composite Index turned positive on May 26, with the Sci-Tech Innovation Index rising by 0.28%, driven by stocks like Kejie Intelligent and Zhongyou Technology, which saw significant gains [1] - The Tianhong Sci-Tech Innovation Index ETF (589860) reported a trading volume exceeding 48 million yuan and a turnover rate of over 5.7%, indicating active trading [1] - The Tianhong ETF experienced a net inflow of 14.73 million yuan on May 23, reflecting investor interest in the Sci-Tech Innovation Index [1] Group 2 - The overall profitability of companies listed on the Sci-Tech Innovation Board is continuously improving, with over 80% of these companies concentrated in high-tech and strategic emerging industries [2] - The average R&D investment of Sci-Tech Innovation Board companies reached 12.64% of their operating income in 2022, totaling 168.08 billion yuan, which is 2.5 times their net profit [2] - Companies with high R&D investment ratios are primarily found in sectors with high technical barriers and long R&D cycles, such as biomedicine, semiconductors, and artificial intelligence [2]

Investment Rating - The report maintains a "Buy" rating for the company [1][8] Core Insights - The company focuses on electronic vacuum devices and military semiconductor sectors, driving strong performance growth [1] - The company has a diverse product range that is widely used in various fields including new energy vehicles, aerospace, military, photovoltaic, and semiconductor equipment manufacturing [4] - In 2024, the company achieved a revenue of 792 million yuan, a year-on-year increase of 14.46%, while net profit decreased by 52.89% [5] - The company is positioned to benefit from the domestic substitution trend, with expectations for a performance inflection point in 2025 [4] Revenue and Profit Forecast - The company forecasts revenues of 1.28 billion yuan, 1.65 billion yuan, and 1.998 billion yuan for 2025, 2026, and 2027 respectively, with corresponding EPS of 1.38 yuan, 2.26 yuan, and 3.16 yuan [8][10] - The projected revenue growth rates are 61.5% for 2025, 28.5% for 2026, and 21.4% for 2027 [10] Business Segments Performance - In 2024, the revenue from vacuum relays (military) was 120 million yuan with a gross margin of 62.47% [4] - The revenue from DC contactors (new energy vehicles) was 413 million yuan, a year-on-year increase of 28.29%, with a gross margin of 19.50% [4] - The revenue from vacuum capacitors (semiconductors) was 73 million yuan, a year-on-year increase of 81.18%, with a gross margin of 41.88% [4] Market Position and Competitive Advantage - The company has established itself as a key supplier in the military electronic vacuum device market, with a strong customer retention due to high entry barriers [6] - The company has made significant technological advancements, including the development of high-voltage control boxes and high-power DC intelligent distribution systems [6][7] - The company is expanding its presence in the semiconductor equipment manufacturing sector, with products that are competitive in performance and pricing compared to foreign brands [7] Strategic Partnerships and Market Expansion - The company is collaborating with major semiconductor manufacturers like Huawei, with expectations for increased product supply in 2024 [7] - The company is also expanding its overseas market presence through its Singapore subsidiary, enhancing its global influence [7]

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 2024 年年度股东大会的法律意见 京天股字（2025）第 242 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"）2024 年年度股东大会（以 下简称"本次股东大会"）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 2025 年 5 月 19 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 股东大会，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，就本次股东大会的 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。 本所及经办律师同意将本法律意见作为本次股东大会公告的法定文件，随同其 他公告文件一并提交上海证券交易所（以下简称"上交所"）予以审核公告，并依 法对出具的法律意见承担责任。 本所律师按照律师行业公认的业务标准 ...

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 | 证券代码：688103 | 证券简称：国力股份 | 公告编号：2025-027 | | --- | --- | --- | | 转债代码：118035 | 转债简称：国力转债 | | 昆山国力电子科技股份有限公司 2024年年度股东会决议公告 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） 股东会召开的时间：2025 年 5 月 19 日 （二） 股东会召开的地点：昆山开发区西湖路 28 号国力股份 1 号会议室 （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 | 23 | | --- | --- | | 普通股股东人数 | 23 | | 2、出席会议的股东所持有的表决权数量 | 38,930,410 | | 普通股股东所持有表决权数量 | 38,930,410 | | 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 | 40.8729 | | 例（ ...