中信证券股份有限公司 关于深圳清溢光电股份有限公司使用募集资金向全资子公 司增资及借款以实施募投项目的核查意见 中信证券股份有限公司（以下简称"中信证券"或"保荐人"）作为深圳清 溢光电股份有限公司（以下简称"公司"或"清溢光电"）2023 年度向特定对象 发行 A 股股票（以下简称"本次发行"或"本次向特定对象发行"）的保荐人， 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》 《上市公司募集资金监管规则》《上海证券交易所科创板上市公司自律监管指引 第 1 号——规范运作》等有关法规和规范性文件的要求，对公司使用募集资金向 全资子公司增资及借款以实施募投项目事项进行了核查，具体情况如下： 一、募集资金的基本情况 根据中国证券监督管理委员会于 2025 年 4 月 7 日出具的《关于同意深圳清 溢光电股份有限公司向特定对象发行股票注册的批复》（证监许可[2025]723 号）， 公司 2023 年度向特定对象发行 A 股股票 4,800 万股，每股面值人民币 1.00 元， 每股发行价格 25.00 元，募集资金总额为人民币 120,000.00 万元，扣除发行费用 人民币 1,299 ...

证券代码：688138 证券简称：清溢光电 公告编号：2025-021 深圳清溢光电股份有限公司 关于使用募集资金置换预先投入募投项目及已支付发行费 用的自筹资金的公告 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： 深圳清溢光电股份有限公司（以下简称"公司"）于 2025 年 5 月 16 日召开第 十届董事会第十一次会议以 11 票赞成、0 票反对、0 票弃权的表决结果审议 通过了《关于使用募集资金置换预先投入募投项目及已支付发行费用的自筹 资金的议案》，于 2025 年 5 月 16 日召开第十届监事会第六次会议以 3 票赞 成、0 票反对、0 票弃权的表决结果审议通过了《关于使用募集资金置换预 先投入募投项目及已支付发行费用的自筹资金的议案》，同意公司使用募集 资金置换预先投入募投项目的自筹资金 61,264.34 万元及已支付发行费用的 自筹资金 270.57 万元。本次募集资金置换的时间距募集资金到账时间未超 过 6 个月，符合相关法律法规、规范性文件的规定。具体情况如下： 一、本次募集资金基本 ...

证券代码：688138 证券简称：清溢光电 公告编号：2025-022 深圳清溢光电股份有限公司 关于使用闲置募集资金进行现金管理的公告 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。 深圳清溢光电股份有限公司（以下简称"公司"）于2025年5月16日召开第十届董 事会第十一次会议以11票赞成、0票反对、0票弃权的表决结果审议通过了《关于使 用闲置募集资金进行现金管理的议案》，于2025年5月16日召开第十届监事会第六次 会议以3票赞成、0票反对、0票弃权的表决结果审议通过了《关于使用闲置募集资金 进行现金管理的议案》，公司拟使用金额不超过人民币55,000万元（含）的暂时闲 置募集资金进行现金管理，用于购买安全性高、流动性好、具有合法经营资格的金 融机构销售的有保本约定的投资产品（包括但不限于保本型理财产品、结构性存款、 定期存款、通知存款、大额存单等），使用期限自第十届董事会第十一次会议审议 通过起12个月内，在不超过上述额度及决议有效期内，资金可循环滚动使用。具体 情况如下： 一、募集资金的基本情况 根据中国证券监督 ...

证券代码：688138 证券简称：清溢光电 公告编号：2025-023 深圳清溢光电股份有限公司 关于调整募集资金投资项目拟使用募集资金金额的公告 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。 深圳清溢光电股份有限公司（以下简称"公司"）于2025年5月16日召开第十 届董事会第十一次会议和第十届监事会第六次会议，审议通过《关于调整募集资 金投资项目拟使用募集资金金额的议案》同意公司根据实际募集资金净额，结合 公司当前的实际情况，调整募集资金投资项目（以下简称"募投项目"）拟投入募 集资金金额。具体情况如下： 一、募集资金基本情况 根据中国证券监督管理委员会于2025年4月7日出具的《关于同意深圳清溢光 电股份有限公司向特定对象发行股票注册的批复》（证监许可[2025]723号）， 公司向特定对象发行A股股票4,800万股，每股面值人民币1.00元，每股发行价格 25.00元，募集资金总额为人民币120,000万元，扣除发行费用人民币1,299.06万元 （不含税）后实际募集资金净额为人民币118,700.94万元。上述 ...

深圳清溢光电股份有限公司（以下简称"公司"）于2025年5月16日召开第十届董 事会第十一次会议以11票赞成、0票反对、0票弃权的表决结果审议通过了《关于使用 募集资金向全资子公司增资及借款以实施募投项目的议案》，于2025年5月16日召开第 十届监事会第六次会议以3票赞成、0票反对、0票弃权的表决结果审议通过了《关于 使用募集资金向全资子公司增资及借款以实施募投项目的议案》，公司拟对佛山清溢 光电有限公司（以下简称"佛山清溢"、"全资子公司"）增资的资金来源由自有资金 人民币40,000万元调整为募集资金人民币40,000万元，并拟使用募集资金人民币 18,700.94万元向佛山清溢提供借款。具体情况如下： 一、募集资金的基本情况 根据中国证券监督管理委员会于2025年4月7日出具的《关于同意深圳清溢光电 股份有限公司向特定对象发行股票注册的批复》（证监许可[2025]723号），公司 2023年度向特定对象发行A股股票4,800万股，每股面值人民币1.00元，每股发行价 格25.00元，募集资金总额为人民币120,000.00万元，扣除发行费用人民币1,299.06万 元（不含税）后实际募集资金净额为人民 ...

证券代码：688138 证券简称：清溢光电 公告编号：2025-025 深圳清溢光电股份有限公司 关于使用募集资金向控股子公司增资以实施募投项目暨关联交 易的公告 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。 深圳清溢光电股份有限公司（以下简称"公司"）于2025年5月16日召开第十届董 事会第十一次会议审议通过了《关于使用募集资金向控股子公司增资以实施募投项 目的议案》，关联董事唐英敏女士、唐庆年先生、唐嘉盛先生、庄鼎鼎先生、吴克 强先生回避表决。于2025年5月16日召开第十届监事会第六次会议审议通过了《关于 使用募集资金向控股子公司增资以实施募投项目的议案》，公司拟对佛山清溢微电 子有限公司（以下简称"清溢微"、"控股子公司"）增资的资金来源由自有资金人民 币50,000万元调整为募集资金人民币50,000万元并计划以募集资金人民币10,000万元 对清溢微追加投资。公司以募集资金人民币10,000万元对清溢微追加投资因涉及公 司与关联方共同投资，构成关联交易，已经公司独立董事专门会议审议通过，本议 案尚需提交公司 ...

Core Viewpoint - The company plans to use raised funds to increase capital and provide interest-free loans to its wholly-owned subsidiary for a specific project [1] Group 1: Fund Utilization - The company intends to raise a total of RMB 4 billion to increase capital for its subsidiary, Foshan Qingyi [1] - An additional RMB 1.87 billion will be provided as an interest-free loan to Foshan Qingyi for the implementation of the "High-Precision Mask Production Base Construction Project Phase I" [1] Group 2: Capital Structure - Foshan Qingyi's registered capital is currently RMB 2 billion, which will increase to RMB 6 billion after the capital increase [1]

Group 1: AMOLED Market Growth - The global AMOLED smartphone panel shipment is expected to exceed 840 million units in 2024, representing a nearly 25% year-on-year growth, and is projected to surpass 870 million units in 2025, indicating strong development momentum [1] - In the first half of 2024, Chinese display panel manufacturers are expected to capture 50.7% of the global smartphone AMOLED panel shipment share, surpassing South Korean companies for the first time [1] Group 2: Mid to Large-Sized AMOLED Applications - The application of mid to large-sized AMOLED panels is continuously breaking through, with a forecasted 116.5% year-on-year increase in shipments of AMOLED panels larger than 9 inches in 2024, followed by an additional growth of over 32% in 2025 [2] - Both China and South Korea are actively laying out 8.6-generation AMOLED production lines, with future developments expected to include large-sized OLED mask plates [2] Group 3: Domestic Mask Plate Development - As of 2023, the domestic production rate of high-precision mask plates for AMOLED/LTPS is only 12%, indicating significant room for domestic substitution [2] - The substantial market demand in China presents vast development opportunities for domestic mask plate manufacturers, although there remains a considerable gap in supply capabilities compared to international competitors [2] Group 4: Company Initiatives - Qingyi Optoelectronics has taken proactive steps in capacity layout, successfully completing a private placement to raise 1.2 billion yuan for the construction of high-precision mask plates and high-end semiconductor mask plate production base [3] - The company's Foshan production base has completed the installation of its first main equipment as of April 10, and is currently in the equipment installation and debugging phase [3] - With the successful production of advanced capacity, Qingyi Optoelectronics is expected to accelerate the filling of the domestic high-precision mask plate gap and gain a first-mover advantage in the wave of domestic substitution [3]

Group 1: Market Dynamics - The registration pace has significantly accelerated, with a total of 594 projects currently under review, an increase of 2 from the previous period[6] - In the last two weeks, 18 new private placement projects were added, a decrease of 6 from the previous period, while 7 projects were terminated, also down by 6[6] - The average time from proposal to approval has shortened to 233 days, with a 100% approval rate for projects reviewed in the last two weeks[18] Group 2: Fundraising and Pricing - Two competitive bidding projects raised a total of 1.386 billion yuan, a decrease of 88.08% from the previous period, with a full subscription rate of 100%[32] - The average base discount rate for competitive bidding projects increased by 3.05 percentage points to 11.95%[32] - The average market discount rate for these projects rose by 3.73 percentage points to 12.76%[32] Group 3: Performance Analysis - Among the six competitive bidding projects that were unlocked, 66.67% had positive returns, a decrease of 33.33 percentage points from the previous period[43] - The average absolute return on the unlock date for these projects was 23.62%, down by 6.16 percentage points[43] - For four pricing projects, the average absolute return was -20.52%, a significant drop of 96.50 percentage points from the previous period[49] Group 4: Risk Factors - Risks include slower-than-expected review progress, fluctuations in secondary market stock prices, and changes in the competitive bidding environment[54]

Fundraising Overview - The company plans to issue 48,000,000 A-shares at a price of RMB 25.00 per share, raising a total of RMB 1,200,000,000, with a net amount of RMB 1,187,009,433 after deducting issuance costs [1][2] - The issuance was approved by the China Securities Regulatory Commission on April 7, 2025 [1] Fund Management and Regulatory Agreements - The company has established a special account for the raised funds, which will only be used for the intended purpose and not for any other uses [2][3] - A tripartite regulatory agreement has been signed between the company, China Bank, and the underwriter, CITIC Securities, detailing the responsibilities and obligations of each party [2][3] - The company will also sign a quadripartite regulatory agreement involving its subsidiaries and additional banks to ensure proper management of the funds [2][4] Fund Usage and Monitoring - The funds can be invested in cash management products as per regulatory guidelines, with the company required to notify the underwriter of any such investments [3][6] - The underwriter is responsible for ongoing supervision of the fund usage, including conducting site investigations and inquiries [4][7] - Any expenditures from the special account must be reported to the underwriter within three working days, along with a detailed expenditure list [5][8]