证券代码：688107 证券简称：安路科技 公告编号：2024-036 上海安路信息科技股份有限公司 （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 | 68 | | --- | --- | | 普通股股东人数 | 68 | | 2、出席会议的股东所持有的表决权数量 | 242,677,785 | | 普通股股东所持有表决权数量 | 242,677,785 | | 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 | 60.5408 | | 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（%） | 60.5408 | （四） 表决方式是否符合《公司法》及公司章程的规定，大会主持情况等。 2024 年第二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 9 月 26 日 （二） ...

上海安路信息科技股份有限公司 2024 年第二次临时股东大会会议资料 上海安路信息科技股份有限公司 2024 年第二次临时股东大会会议资料 2024 年 9 月 1 | 2024 | 年第二次临时股东大会会议须知 3 | | --- | --- | | 2024 | 年第二次临时股东大会会议议程 5 | | 2024 | 年第二次临时股东大会会议议案 7 | | 议案 | 1：关于选举第二届董事会非独立董事的议案 7 | | | 1.01 谢文录 7 | 上海安路信息科技股份有限公司 2024 年第二次临时股东大会会议资料 上海安路信息科技股份有限公司 2024 年第二次临时股东大会会议须知 为了维护全体股东的合法权益，保证股东在上海安路信息科技股份有限公 司（以下简称"公司"或"安路科技"）依法行使股东权利，确保 2024 年第二 次临时股东大会的正常秩序和议事效率，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》"） 《上市公司股东大会规则》等法律法规以及《上海安路信息科技股份有限公司 章程》（以下简称"《公司章程》"）《上海安路信息科技股份有限公司股 ...

中国国际金融股份有限公司 关于上海安路信息科技股份有限公司 2024 年半年度持续督导跟踪报告 中国国际金融股份有限公司（以下简称"中金公司"或"保荐机构"）作为上 海安路信息科技股份有限公司（以下简称"安路科技"或"公司"）首次公开发行 股票并在科创板上市项目的保荐机构，根据《证券发行上市保荐业务管理办法》 《上海证券交易所科创板股票上市规则》《上海证券交易所上市公司自律监管指引 第 11 号——持续督导》等相关规定，负责安路科技上市后的持续督导工作，并针 对安路科技 2024 年 1-6 月（以下简称"本持续督导期"或"报告期"）的情况出具 本持续督导半年度跟踪报告，具体情况如下： 一、持续督导工作情况 | 序号 | 工作内容 | 持续督导情况 | | --- | --- | --- | | 1 | 建立健全并有效执行持续督导工作制度，并针对具 体的持续督导工作制定相应的工作计划 | 保荐机构已建立健全并有效执行 | | | | 了持续督导制度，并制定了相应 | | | | 的工作计划 | | 2 | 根据中国证监会相关规定，在持续督导工作开始 | 保荐机构已与安路科技签订保荐 | | | 前，与上市公司 ...

Group 1: Company Overview and Investor Relations - The company is Shanghai Anlu Information Technology Co., Ltd., with stock code 688107 and abbreviation Anlu Technology [1] - The investor relations activity was held on September 11, 2024, at the Shanghai Stock Exchange Roadshow Center [2] - Key participants included the CEO, CFO, and independent directors, indicating a strong commitment to investor communication [2] Group 2: Semiconductor Industry Insights - In Q2 2024, global semiconductor sales reached $149.9 billion, marking an 18.3% year-on-year growth and a 6.5% quarter-on-quarter increase, indicating a recovery in the industry [3] - The FPGA market in China is expected to grow significantly due to advancements in communication technology, AI, and automotive sectors [3] Group 3: Company Performance and Strategies - The company reported a 20.49% reduction in inventory, from CNY 763 million at the beginning of the year to CNY 607 million by the end of June 2024 [5] - The company has focused on enhancing operational quality and customer satisfaction, leading to improved revenue in Q1 and Q2 2024 [4] Group 4: Research and Development Progress - In H1 2024, the company made significant advancements in the development of new FPGA products, enhancing its product matrix based on 28nm technology [5] - The company maintains a high R&D investment, with 436 out of 532 employees (81.95%) dedicated to research and development [6] Group 5: Talent Management and Development - The company has established a strong talent pool in FPGA/FPSoC hardware design and EDA software, ensuring stability and complementarity within the team [6] - Continuous optimization of talent acquisition and internal training programs is in place to enhance employee skills and drive innovation [6]

证券代码：688107 证券简称： 安路科技 公告编号：2024-034 上海安路信息科技股份有限公司 关于公司董事长辞职暨补选非独立董事的公告 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。 一、关于公司董事长辞职的情况 上海安路信息科技股份有限公司（以下简称"公司"或"安路科技"）董事 会于近日收到公司董事长许海东先生的书面辞职报告，许海东先生因个人工作变 动调整的原因，主动申请辞去其担任的公司第二届董事会董事长、董事的职务， 同时一并辞去在公司董事会下属各专门委员会中担任的战略委员会主任委员、薪 酬与考核委员会委员及提名委员会委员的职务。 许海东先生的辞职未导致公司董事会成员人数低于法定最低人数，不会影响 公司董事会正常运作和公司的日常生产经营。但为确保公司各项经营和管理相关 工作顺利交接，在选举新任董事长及产生新任法定代表人之前，许海东先生仍将 依照法律、行政法规、规范性文件和《公司章程》规定，继续勤勉尽责，履行公 司董事长、法定代表人的职责。辞职生效之后，许海东先生将不在公司担任任何 职务。许海东先生未持有安路科 ...

证券代码：688107 证券简称：安路科技 公告编号：2024-035 一、 召开会议的基本情况 （一） 股东大会类型和届次 2024 年第二次临时股东大会 召开日期时间：2024 年 9 月 26 日 14 点 00 分 召开地点：上海市浦东新区中科路 1867 号 C 座公司会议室 （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 上海安路信息科技股份有限公司 关于召开 2024 年第二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。 重要内容提示： 网络投票起止时间：自 2024 年 9 月 26 日 至 2024 年 9 月 26 日 采用上海证券交易所网络投票系统，通过交易系统投票平台的投票时间为股 1 股东大会召开日期：2024年9月26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 （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 ...

证券代码：688107 证券简称：安路科技 公告编号：2024-033 上海安路信息科技股份有限公司 关于参加 2024 年半年度芯片设计专场集体业绩说明会的公告 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： （网址：http://roadshow.sseinfo.com/） 会议召开方式：线上文字互动 投资者可于 2024 年 9 月 10 日（星期二）16:00 前通过邮件、电话等形式将 需要了解和关注的问题提前提供给公司。公司将在业绩说明会上对投资者普遍关 注的问题进行回答。 上海安路信息科技股份有限公司（以下简称"公司"）已于 2024 年 8 月 29 日对外披露了公司 2024 年半年度报告，为便于广大投资者更全面深入地了解公 司 2024 年半年度的经营成果、财务状况、发展理念等，公司将参加 2024 年半年 度芯片设计专场集体业绩说明会，此次活动采用线上文字互动的方式举行，投资 者可登录上海证券交易所上证路演中心（http://roadshow.sseinfo.com/）参与 线上互动交流 ...

Investment Rating - The report maintains a "Recommend" rating for Anlu Technology (688107 SH) [2][4] Core Views - Anlu Technology's performance remains under pressure in H1 2024, with revenue of 317 million yuan (YoY -2148%) and net profit attributable to parent company of -122 million yuan [2] - The company's inventory management has shown significant results, with inventory decreasing by 2049% from 763 million yuan at end of 2023 to 607 million yuan at end of Q2 2024 [2] - Some downstream industries show clear signs of recovery, with multiple new products being introduced and overseas market expansion underway [2] - The company maintains high R&D investment, with 192 million yuan spent in H1 2024, accounting for 6056% of revenue [2] - Revenue is expected to grow to 718/944/1156 million yuan in 2024-2026, with PS ratios of 10/8/7 times respectively [2] Financial Performance - H1 2024 revenue: 317 million yuan (YoY -2148%) [2] - H1 2024 gross margin: 3321% (YoY -328pct) [2] - Q2 2024 revenue: 175 million yuan (YoY -1906%, QoQ +2358%) [2] - Q2 2024 gross margin: 2890% (YoY -688pct, QoQ -963pct) [2] - 2024E revenue: 718 million yuan (YoY +251%) [3][5] - 2024E net profit: -157 million yuan [3][5] Product Development - The company has made progress in FPGA/FPSoC chip series products, with multiple new models (SALELF, SALPHOENIX, SALDRAGON) being introduced [2] - New product development includes high-performance FPGA chips based on domestic processes and large-scale FPGA chips based on advanced processes [2] - The company has improved supporting EDA software performance to meet customer needs [2] Market Expansion - The company is actively seeking overseas cooperation agents and beginning overseas market layout [2] - Progress has been made in industrial control, network communication, video imaging, automotive electronics, data centers, consumer electronics, and smart grid fields [2] Financial Projections - 2024-2026 revenue forecast: 718/944/1156 million yuan [2][3][5] - 2024-2026 net profit forecast: -157/-98/7 million yuan [3][5] - 2024-2026 PS ratios: 10/8/7 times [2][3] - 2024-2026 gross margin forecast: 3433%/3677%/4053% [5] Industry Outlook - Some downstream industries show clear signs of recovery, while others still face inventory pressure [2] - The FPGA industry is expected to see a demand inflection point in H2 2024 as inventory reduction completes [2]

Investment Rating - The investment rating for the company is "Buy" (maintained) [1] Core Views - The report indicates that the terminal demand is weak, leading to pressure on performance in Q2 2024, with inventory continuing to be a concern [1][3] - The company reported a revenue of 317 million yuan in the first half of 2024, a year-on-year decrease of 21.48%, and a net profit attributable to shareholders of -122 million yuan, an increase in loss of 41.81 million yuan compared to the same period last year [2][3] - The report anticipates a gradual improvement in performance in the second half of the year as inventory levels decrease and downstream demand recovers [4] Summary by Sections Market Performance - The company's stock has seen a significant decline, with absolute and relative performance metrics indicating a drop of -15.09% and -11.58% respectively over the past year [2] Financial Performance - In Q2 2024, the company achieved a revenue of 175 million yuan, a year-on-year decrease of 19.06%, but a quarter-on-quarter increase of 23.58% [3] - The gross profit margin for the first half of 2024 was 33.21%, with a net profit margin of -38.48% [3] - The company’s R&D expenses accounted for 60.56% of revenue in the first half of 2024, reflecting a strong commitment to innovation [4] Business Segments - The company has made progress in developing new FPGA and FPSoC chips, with several models now in mass production and application in various fields [3][4] - The inventory level has decreased from 763 million yuan at the end of 2023 to 607 million yuan, indicating a gradual reduction in inventory pressure [4] Earnings Forecast and Investment Advice - The company is expected to achieve revenues of 763 million yuan, 1.063 billion yuan, and 1.549 billion yuan for the years 2024, 2025, and 2026 respectively, with net profits projected at -239 million yuan, -160 million yuan, and -52 million yuan [5][6] - The report maintains a "Buy" rating based on the expectation of a recovery in performance as inventory issues are resolved and demand improves [4][6]

Investment Rating - The investment rating for the company is "Buy - A" with a target price of 23.9 CNY, maintaining the rating [4][5]. Core Views - The company reported a revenue of 317 million CNY in the first half of 2024, a year-on-year decline of 21.48%, with a net profit attributable to shareholders of -122 million CNY [1]. - The decline in revenue is attributed to ongoing inventory destocking by some terminal industry clients and uneven recovery in demand across various downstream markets such as industrial, communication, and consumer electronics [2]. - Despite the revenue decline, the company has seen a year-on-year increase in chip shipments, indicating signs of demand recovery as inventory destocking approaches completion [2]. - The company has effectively managed inventory, reducing it from 763 million CNY at the beginning of the reporting period to 607 million CNY at the end, a decrease of 20.49% [2]. - The company continues to invest heavily in research and development, with R&D expenses amounting to 192 million CNY, representing a 60.56% R&D expense ratio [3]. - The company has made progress in developing multiple new products, including the PHOENIX and ELF series, and has completed the development of domestically produced 28nm FPGA chips [3]. Financial Projections - Revenue projections for the company are estimated at 736 million CNY, 993 million CNY, and 1.192 billion CNY for 2024, 2025, and 2026 respectively, with net profits projected at -183 million CNY, -103 million CNY, and -20 million CNY for the same years [4][9]. - The company is expected to benefit from the domestic FPGA market trend due to its position as a leading domestic FPGA manufacturer and its high R&D investment [4].