浙江省杭州市上城区钱江路 1366 号华润大厦 A 座 3001 邮编：310017 电话：(86-571)89926500 传真：(86-571)89926501 北京竞天公诚（杭州）律师事务所 关于杰华特微电子股份有限公司 2023 年年度股东大会的法律意见书 致：杰华特微电子股份有限公司 北京竞天公诚（杭州）律师事务所（以下简称"本所"）接受杰华特微电子股 份有限公司（以下简称"公司"）委托，指派本所律师对公司 2023 年年度股东大 会（以下简称"本次会议"）的合法性进行见证并出具法律意见书。 本所及本所律师依据《中华人民共和国证券法》（以下简称"证券法"）、《律 师事务所从事证券法律业务管理办法》和《律师事务所证券法律业务执业规则（试 行）》等规定及本法律意见书出具日以前已经发生或者存在的事实，严格履行了 法定职责，遵循了勤勉尽责和诚实信用原则，进行了充分的核查验证，保证本法 律意见书所认定的事实真实、准确、完整，所发表的结论性意见合法、准确，不 存在虚假记载、误导性陈述或重大遗漏，并承担相应法律责任。 本法律意见书根据《中华人民共和国公司法》（以下简称"《公司法》"）、 《证券法》、中国证券监督管 ...

证券代码：688141 证券简称：杰华特 公告编号：2024-021 杰华特微电子股份有限公司 关于公司及相关人员收到中国证券监督管理委员会 浙江监管局行政监管措施决定书的公告 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。 杰华特微电子股份有限公司（以下简称"公司"）于近日收到中国证券监 督管理委员会浙江监管局下发的《关于对杰华特微电子股份有限公司及相关 人员采取出具警示函措施的决定》（〔2024〕95号）（以下简称"警示函"）， 现将有关情况公告如下： 一、警示函的具体内容 "杰华特微电子股份有限公司、ZHOU XUN WEI、黄必亮、马问问、谢 立恒： 公司上述行为违反了《上市公司信息披露管理办法》（证监会令第182号） 第三条，《上市公司监管指引第2号——上市公司募集资金管理和使用的监管 要求》（证监会公告〔2022〕15号）第八条规定。公司董事长ZHOU XUN WEI、 时任总经理黄必亮、现任总经理兼董事会秘书马问问、财务总监谢立恒违反 了《上市公司信息披露管理办法》（证监会令第182号）第四条、第五十一条 1 ...

中信证券股份有限公司 关于杰华特微电子股份有限公司 2023 年度持续督导跟踪报告 中信证券股份有限公司（以下简称"中信证券"或"保荐人"）作为杰华特 微电子股份有限公司（以下简称"杰华特"或"公司"或"上市公司"）首次公 开发行股票并在科创板上市的保荐人，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》等相关规定，中信证券履行持续督导职 责，并出具本持续督导年度跟踪报告。 一、持续督导工作概述 1、保荐人制定了持续督导工作制度，制定了相应的工作计划，明确了现场 检查的工作要求。 2、保荐人已与公司签订承销及保荐协议，该协议已明确了双方在持续督导 期间的权利义务，并报上海证券交易所备案。 3、本持续督导期间，保荐人通过与公司的日常沟通、现场回访等方式开展 持续督导工作，并于 2024 年 5 月 6 日开始对公司进行了现场检查。 （6）对公司及其控股股东、实际控制人、董事、监事、高级管理人员进行 公开信息查询； （7）查询公司公告的各项承诺并核查承诺履行情况； （8）通过公开网络检索、舆情监控等方式关注与发行人相关的媒体报道情 况。 4、本持续督导期间，保荐人根据相关法规和规范性文件 ...

一、本次现场检查的基本情况 中信证券股份有限公司 关于杰华特微电子股份有限公司 2023 年度持续督导工作现场检查报告 根据《上海证券交易所上市公司自律监管指引第 11 号——持续督导》等有 关法律、法规的规定，中信证券股份有限公司（以下简称"中信证券"或"保荐 人"）作为正在对杰华特微电子股份有限公司（以下简称"杰华特"、"公司"、"上 市公司"）进行持续督导工作的保荐人，对 2023 年度（以下简称"本持续督导期 间"）的规范运作情况进行了现场检查，现就现场检查的有关情况报告如下： （一）保荐人 中信证券股份有限公司 （二）保荐代表人 金田、杨波 （三）现场检查人员 金田、杨波、林依洋、倪佳莹 （四）现场检查时间 2024 年 5 月 6 日至 5 月 10 日、5 月 16 日至 5 月 17 日 （五）现场检查内容 现场检查人员对本持续督导期内发行人公司治理和内部控制情况、信息披露 情况、公司的独立性以及与控股股东、实际控制人及其他关联方资金往来情况、 募集资金使用情况、关联交易、对外担保、重大对外投资情况、经营状况等方面 进行了现场检查，具体检查内容详见本报告"二、本次现场检查主要事项及意见"。 此 ...

证券代码：688141 证券简称：杰华特 杰华特微电子股份有限公司投资者关系活动记录表 编号：2024-002 R特定对象调研 £分析师会议 □媒体采访 £业绩说明会 投资者关系活 □新闻发布会 £路演活动 动类别 □现场参观 □其他（请文字说明其他活动内容） 嘉实基金、易方达、鹏华基金、华安基金、南方基金、兴 业基金、太平基金、高毅资产、中信保诚基金、重阳资 产、华泰资管、华富基金、正心谷、吾同投资、圆信永丰 基金、鲁信创投、朱雀基金、上海金恩投资、杭州金投私 募基金、弈宸基金、涌贝资产、华能贵诚信托、敦和资 参与单位名称 管、睿璞投资、运海私募、巴沃基金、上海银叶投资、南 及人员姓名 土资产、杭银理财、财通电子、广发电子、中信证券、中 ...

| --- | --- | --- | |------------------------------------------------|-------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------| | | 评级 | 说明 | | | 买入 | 预期未来 6~12 个月内相对同期基准指数涨幅在 15% 以上 | | | 增持 | 预期未来 6~12 个月内相对同期基准指数涨幅在 5%~15% 之间 | | 股票评级 | 持有 | 预期未来 6~12 个月内相对同期基准指数涨幅在 -10%~+5% 之间 | | | 减持 | 预期未来 6~12 个月内相对同期基准指数跌幅在 10% 以上 | | | 增持 | 预期未来 6~12 个月内对同期基准指数涨幅在 10% 以上 | | | | ...

会议召开时间：2024 年 5 月 31 日 证券代码：688141 证券简称：杰华特 杰华特微电子股份有限公司 2023 年年度股东大会会议材料 杰华特微电子股份有限公司 2023 年年度股东大会会议材料 目 录 | 杰华特微电子股份有限公司 2023 年年度股东大会会议须知 3 | | --- | | 杰华特微电子股份有限公司 2023 年年度股东大会会议议程 6 | | 杰华特微电子股份有限公司 年年度股东大会会议议案 9 2023 | | 议案一：关于《公司 2023 年年度报告》及摘要的议案 9 | | 议案二：关于《公司 2023 年度董事会工作报告》的议案 10 | | 议案三：关于《公司 年度监事会工作报告》的议案 11 2023 | | 议案四：关于《公司 2023 年度独立董事述职报告》的议案 12 | | 议案五：关于《公司 2023 年度财务决算报告》的议案 13 | | 议案六：关于公司 2023 年度利润分配预案的议案 14 | | 议案七：关于续聘公司 2024 年度财务审计机构及内控审计机构的议案 15 | | 议案八：关于确认公司 2023 年度银行信贷授信情况及 2024 ...

国信证券投资评级 上海浦东民生路 1199 弄证大五道口广场 1 号楼 12 层 邮编：200135 1Q24 收入同环比增长，毛利率环比回升。公司 2023 年全年销量增长 26.5%， 但由于价格下降，收入同比下降 10.43%至 12.97 亿元；实现归母净利润-5.31 亿元（YoY -487%），扣非归母净利润-5.54 亿元（YoY -678%）；产品售价 承压导致公司毛利率下降 12.5pct 至 27.40%；研发费率提高 17.5pct 至 38.5%，管理费率提高 3.4pct 至 8.4%，销售费率提高 2.9pct 至 7.2%。1Q24 营收3.29 亿元(YoY +9%，QoQ +13%)，归母净利润-2.09 亿元，毛利率为27.68% （YoY -5.2pct，QoQ +4.9pct）。 各产品线毛利率承压，AC-DC 芯片和电池管理芯片收入增长。2023 年公司电 源管理芯片收入 12.78 亿元(YoY -7.49%)，占比 98.5%，毛利率下降 11.16pct 至 27.49%，其中 DC-DC 芯片收入 7.00 亿元(YoY -7.68%)，占比 54%，毛利 率 ...

证券代码：688141 证券简称：杰华特 公告编号：2024-019 杰华特微电子股份有限公司 关于召开 2023 年度暨 2024 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、准确性和完整性依法承担法律责任。 重要内容提示： 投资者可于 2024 年 05 月 10 日（星期五）至 05 月 16 日（星期四）16:00 前 登录上证路演中心网站首页点击"提问预征集"栏目或通过公司邮箱 ir@joulwatt.com 进行提问。公司将在说明会上对投资者普遍关注的问题进行回答。 杰华特微电子股份有限公司（以下简称"公司"）已于 2024 年 4 月 30 日发 布公司 2023 年年度报告及 2024 年第一季度报告，为便于广大投资者更全面深入 地了解公司 2023 年度及 2024 年第一季度经营成果、财务状况，公司计划于 2024 年 05 月 17 日（星期五）下午 16:00-17:00 举行 2023 年度暨 2024 年第一季度业 绩说明会，就投资者关心的问题进行交流。 一、说明会类型 本次投资者说明会以网络互动 ...

Financial Performance - Revenue in 2023 decreased by 10.43% to 1,296,748,737.23 RMB compared to 2022[30] - Net profit attributable to shareholders in 2023 was -531,409,069.34 RMB, a decrease of 487.44% compared to 2022[30] - Net profit attributable to shareholders after deducting non-recurring gains and losses in 2023 was -554,133,837.85 RMB, a decrease of 677.80% compared to 2022[30] - Net cash flow from operating activities in 2023 was -291,425,072.33 RMB, compared to -823,487,045.35 RMB in 2022[30] - Total assets at the end of 2023 decreased by 3.11% to 4,225,065,101.73 RMB compared to the end of 2022[30] - Shareholders' equity attributable to the parent company at the end of 2023 decreased by 15.13% to 2,666,806,127.39 RMB compared to the end of 2022[30][32] - Revenue in Q4 2023 was 292,222,266.22 RMB, the lowest among the four quarters[34] - Net profit attributable to shareholders in Q4 2023 was -167,466,920.06 RMB, the third lowest among the four quarters[34] - Net profit attributable to shareholders after deducting non-recurring gains and losses in Q4 2023 was -174,245,428.88 RMB, the lowest among the four quarters[35] - Net cash flow from operating activities in Q4 2023 was -104,807,896.37 RMB, the second lowest among the four quarters[35] - Basic earnings per share decreased by 440.00% to -1.19 yuan per share in 2023 compared to 0.35 yuan per share in 2022[58] - Diluted earnings per share decreased by 440.00% to -1.19 yuan per share in 2023 compared to 0.35 yuan per share in 2022[58] - Net profit attributable to shareholders of the listed company decreased by 487.44% to -5.314 billion yuan in 2023[59] - Net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses decreased by 677.80% to -5.541 billion yuan in 2023[59] - Weighted average return on equity decreased by 31.91 percentage points to -18.36% in 2023[58] - Weighted average return on equity after deducting non-recurring gains and losses decreased by 28.61 percentage points to -19.14% in 2023[58] - Company's annual sales volume increased by 26.5% year-over-year, but operating revenue decreased by 10.44% to RMB 1,296.47 million[82] - Net profit attributable to shareholders was RMB -531.41 million, a decrease of 487.44% year-over-year[82] Risk Factors and Corporate Governance - The company's annual report for 2023 has been issued, detailing the financial performance and risk factors[1][8] - The company has disclosed potential risks and countermeasures in its operations, with a focus on the reasons for the annual performance loss[4] - The report includes a detailed discussion on management analysis, risk factors, and corporate governance[17] - The company has provided a forward-looking statement risk declaration, indicating potential uncertainties in future performance[13] - The company's governance structure includes special arrangements, as indicated in the report[6] - The company has confirmed that there are no instances of non-operational fund occupation by controlling shareholders or other related parties[7] Audit and Compliance - The financial report has been audited by Tianjian Certified Public Accountants, who issued a standard unqualified opinion[11] - The annual report is subject to approval at the company's 2023 annual general meeting[12] Shareholders and Subsidiaries - The company has a diverse group of shareholders, including entities like Intel, BYD, and various investment funds[20][21] - The company's subsidiaries include JoulWatt Microelectronics (Nanjing) Co., Ltd., JoulWatt Microelectronics (Chengdu) Co., Ltd., and JoulWatt Microelectronics (Hangzhou) Co., Ltd., among others[51] - The company's subsidiaries also include JoulWatt Microelectronics (Shanghai) Co., Ltd., JoulWatt Trading Limited, and JoulWatt Microelectronics (Hong Kong) Co., Ltd[51] - The company's subsidiaries include JoulWatt Microelectronics (Shenzhen) Co., Ltd., JoulWatt Microelectronics (Zhangjiagang) Co., Ltd., and JoulWatt Microelectronics (Xiamen) Co., Ltd[51] - The company's subsidiaries include JoulWatt Microelectronics (Zhuhai) Co., Ltd., JoulWatt Microelectronics (Hangzhou) Co., Ltd., and JoulWatt Microelectronics (Shenzhen) Co., Ltd[51] - The company's subsidiaries include JoulWatt Microelectronics (Shanghai) Co., Ltd., JoulWatt Trading Limited, and JoulWatt Microelectronics (Hong Kong) Co., Ltd[51] - The company's subsidiaries include JoulWatt Microelectronics (Nanjing) Co., Ltd., JoulWatt Microelectronics (Chengdu) Co., Ltd., and JoulWatt Microelectronics (Hangzhou) Co., Ltd[51] - The company's subsidiaries include JoulWatt Microelectronics (Shanghai) Co., Ltd., JoulWatt Trading Limited, and JoulWatt Microelectronics (Hong Kong) Co., Ltd[51] - The company's subsidiaries include JoulWatt Microelectronics (Shenzhen) Co., Ltd., JoulWatt Microelectronics (Zhangjiagang) Co., Ltd., and JoulWatt Microelectronics (Xiamen) Co., Ltd[51] - The company's subsidiaries include JoulWatt Microelectronics (Zhuhai) Co., Ltd., JoulWatt Microelectronics (Hangzhou) Co., Ltd., and JoulWatt Microelectronics (Shenzhen) Co., Ltd[51] - The company's subsidiaries include JoulWatt Microelectronics (Shanghai) Co., Ltd., JoulWatt Trading Limited, and JoulWatt Microelectronics (Hong Kong) Co., Ltd[51] Research and Development - R&D investment accounted for 38.51% of operating income in 2023, an increase of 17.46 percentage points compared to 2022[60] - R&D investment reached RMB 499.37 million, an increase of 63.88% year-over-year, with 544 R&D personnel accounting for 64.08% of total employees[83] - Company added 182 new intellectual property rights, including 101 invention patents, 7 utility model patents, 18 software copyrights, and 56 integrated circuit layout design rights[83] - The company's R&D process involves five stages: new product initiation, R&D design, wafer fabrication, packaging and testing, and mass production certification, with each stage involving detailed system design, process selection, circuit design, and layout design[151] - The company's BCD process technology integrates Bipolar, CMOS, and DMOS devices on a single chip, reducing power consumption, minimizing interference between modules, and lowering costs, making it a mainstream technology in the analog IC industry[136] - The company's high-power BCD technology is widely used in automotive electronics, focusing on cost reduction and optimization of power device structures, suitable for medium voltage and high current driving scenarios[138] - The company has established three major process platforms: 0.18-micron 7-55V medium-low voltage BCD process (extended to 90nm for some voltage ranges), 0.18-micron 10-200V high voltage BCD process, and 0.35-micron 10-700V ultra-high voltage BCD process, each iterated 1-3 generations, forming a systematic self-developed process system[156] - The company has built a product supply system with over 1,800 chip product models available for sale, with several products reaching international advanced levels[172] - In 2023, the company's R&D expenses reached 499.37 million yuan, a 63.88% increase from 304.72 million yuan in the previous year, with R&D expenses accounting for 38.51% of revenue, up 17.46 percentage points[179] - The company added 108 patents in 2023, including 101 invention patents and 7 utility model patents. As of December 31, 2023, the company has applied for 1,127 patents, with 800 invention patents and 524 valid patents, including 285 invention patents[178] - The company's R&D team increased by 137 people in 2023, a 33.66% year-on-year growth, with 112 additional master's degree holders and 35 bachelor's degree holders, enhancing the company's innovation capabilities[190] - The company has developed a stable supply chain system and downstream customer base, collaborating with domestic mainstream wafer fabs for BCD process development, and its products are used in automotive electronics, communication electronics, computing and storage, industrial applications, and consumer electronics[168] - The company focuses on improving the integration of analog chip products, optimizing chip design from process, circuit, and system perspectives, and has developed high-power-density boost and buck converters, AC-DC regulators, and isolated DC-DC products[173] - The company is committed to intelligent analog chip development, successfully creating products such as load switches with fast short-circuit response and AC-DC synchronous rectifiers supporting multi-mode switching, achieving breakthroughs in control algorithms and adaptive technologies[175] - The company emphasizes system-level optimization of analog chips and other components to improve efficiency and reduce power consumption, developing ultra-low standby power DC-DC products to meet market demands[174] - The company has developed three major process platforms: 90nm, 0.18μm 10-200V high-voltage BCD, and 0.35μm 10-700V ultra-high-voltage BCD, each iterated 1-3 generations, forming a comprehensive self-developed process system[192] - The core R&D team consists of experienced professionals with backgrounds from top universities and leading international analog IC companies, focusing on power management and signal chain ICs[193] - The company has established a multi-level R&D system and a diverse product matrix, including four major power management product lines (AC-DC, DC-DC, linear power, battery management) and five signal chain product lines (detection, interface, converter, clock, linear)[194] - High-voltage BCD technology integrates devices with voltage resistance ranging from 100-700V, widely used in electronic lighting and industrial control scenarios[196] - The company has formed a process R&D team to develop targeted BCD processes based on downstream demand, enhancing product performance efficiency[197] - The company has achieved comprehensive layout in power management product lines[198] - The company is working to fill gaps in other product lines[199] - Analog ICs are evolving towards differentiation, integration, efficiency, and intelligence, with expanding application fields[200] Market and Industry Trends - Global semiconductor market size is expected to decrease by 9.4% to $520.1 billion in 2023[82] - The global semiconductor market size increased from $338.93 billion in 2016 to $574.08 billion in 2022, with a CAGR of 9.18%. WSTS forecasts a decline to $515.10 billion in 2023, later adjusted to $520.13 billion, still a year-on-year decrease[159] Product Development and Innovation - The company released multiple new products including 100V DC-DC, buck-boost DC-DC, amplifiers, comparators, and analog switches in 2023[71] - The company's product matrix includes power management chips and signal chain chips, covering major categories of analog chips in various application fields[69] - Launched a leading 50A power tube integrated product and developed multiple automotive-grade LDOs for smart cockpits and ADAS applications[85] - The company has developed a complete DC-DC product matrix for the automotive sector, meeting AECQ100 standards with a voltage range of 5~100V, and has successfully integrated into the supply chains of well-known car manufacturers and Tier 1 suppliers[115] - The company's linear power supply chips feature low static power consumption, high performance, and high applicability, with a leading 50A power tube integrated product offering small conduction power loss, high start-up current capability, and strong protection performance under harsh conditions[117] - The company's power management product line includes AC-DC, DC-DC, linear power supply, and battery management chips, catering to various downstream applications such as consumer electronics, industrial control, computing, automotive electronics, and new energy[140] - The company's virtual IDM model allows for the development and optimization of wafer manufacturing processes, leveraging wafer fab resources without owning the production lines, resulting in core outputs like process flow documents, application documents, and process design kits[122] - The company's market strategy includes both internal development and external investments to enrich and complete its product lines, aiming to maintain a leading position in the analog IC industry and provide continuous value growth for customers[140] ESG and Corporate Responsibility - The report outlines the company's commitment to environmental, social responsibility, and corporate governance (ESG) practices[17] Strategic Investments and Collaborations - Strategic investments and collaborations were made to expand business boundaries and industry chain layout[108] - The company adopted a virtual IDM model and developed its own BCD process platform for chip design and manufacturing[110] Financial Assets and Liabilities - The company's financial report highlights an increase in fixed assets due to business expansion and equipment additions, as well as an increase in construction in progress due to ongoing investments in fundraising projects[145] - The company's restricted assets include RMB 26,150,000 in monetary funds, primarily used for issuing bank acceptance bills and bank asset pool business pledges[147] Human Resources and Incentives - Total number of employees increased by 31.22% to 849, with 544 R&D personnel, of which 340 hold master's degrees or higher[104] - Company completed its first post-IPO restricted stock incentive plan, covering 409 employees with 11.7084 million shares[104]