Financial Performance - Total operating revenue for Q1 2024 reached ¥329,235,593.08, an increase from ¥301,562,336.34 in Q1 2023, representing a growth of approximately 9.1%[4] - The net profit attributable to shareholders for Q1 2024 was a loss of ¥209,623,789.04, worsening from a loss of ¥57,194,086.95 in Q1 2023[4] - Total revenue for Q1 2024 was approximately ¥329.24 million, representing a year-over-year increase of 9.18%[32] - The net loss attributable to shareholders for Q1 2024 was approximately ¥209.13 million, with a basic earnings per share of -¥0.47[32] - Net loss for the period was -209,713,389.43 CNY, compared to -57,185,851.73 CNY in the previous year[43] - Total comprehensive loss amounted to -219,481,766.67 CNY, compared to -57,185,851.73 CNY in the previous year[43] Operating Costs and Expenses - Total operating costs for Q1 2024 were ¥440,442,875.90, up from ¥360,103,991.64 in Q1 2023, indicating an increase of about 22.3%[4] - Research and development expenses rose to ¥140,095,881.26 in Q1 2024, compared to ¥106,312,208.95 in Q1 2023, reflecting a growth of approximately 31.8%[4] - Research and development expenses totaled ¥31.78 million, primarily due to increases in share-based payment expenses, R&D materials, and depreciation[16] - R&D investment totaled 140,095,881.26 CNY, representing 42.55% of operating revenue, an increase of 7.30 percentage points[43] Cash Flow and Liquidity - The company's cash flow from operating activities decreased by 186.86% compared to the previous year, primarily due to the recovery of capacity guarantee deposits and government subsidies in the same period last year[13] - Cash flow from operating activities for Q1 2024 was a net outflow of approximately ¥41.65 million, a decrease of 186.86% compared to the previous year[32] - In Q1 2024, the company reported cash inflows from operating activities of CNY 360,016,540.58, a decrease of 27.8% compared to CNY 498,877,836.58 in Q1 2023[50] - The net cash outflow from operating activities was CNY -41,650,213.82, contrasting with a net inflow of CNY 47,948,694.08 in the same period last year[50] - The ending cash and cash equivalents balance was CNY 1,620,258,824.27, down from CNY 1,773,304,193.31 at the end of Q1 2023[50] - Total cash and cash equivalents decreased by CNY 174,828,556.10 during the quarter, compared to a decrease of CNY 384,352,873.26 in the same quarter last year[50] Assets and Liabilities - Total assets as of the end of the reporting period were ¥4,176,330,716.13, slightly down from ¥4,225,065,101.73 at the end of the previous period[10] - Total liabilities increased to ¥1,658,555,019.78 from ¥1,558,539,763.36, marking a rise of approximately 6.4%[10] - The company's long-term borrowings stood at ¥723,558,458.57, up from ¥682,947,622.63, indicating an increase of about 5.9%[10] - The total equity attributable to shareholders decreased to ¥2,472,870,604.17 from ¥2,666,806,127.39, a decline of approximately 7.3%[10] - Total assets at the end of the reporting period were 4,176,330,716.13 CNY, a decrease of 1.15% from the previous year[43] - Shareholders' equity attributable to the parent company decreased by 7.27% to 2,472,870,604.17 CNY[43] Shareholder Information - The company reported a total of 9,486 common shareholders at the end of the reporting period[17] - The largest shareholder, JoulWatt Technology Inc. Limited, holds 30.18% of the shares, totaling 134,857,188 shares[17] Earnings and Returns - Diluted earnings per share (EPS) is -0.47 CNY, compared to -0.13 CNY in the previous year[43] - The weighted average return on equity decreased by 6.33 percentage points to -8.16%[43] Other Financial Metrics - The company reported a significant increase in credit impairment losses, amounting to -¥1,858,093.87 in Q1 2024 compared to a gain of ¥2,306,340.39 in Q1 2023[4] - Other comprehensive income after tax was -9,768,377.24 CNY[43] - The company reported non-recurring gains and losses totaling 4,002,299.86 CNY, after tax effects[36] - The company experienced a foreign exchange impact of CNY 144,089.74 on cash and cash equivalents[50] - The company reported a significant increase in cash paid for purchasing goods and services, totaling CNY 222,012,857.05, down from CNY 280,829,422.43 in Q1 2023[50] - Cash received from other operating activities was CNY 114,119,296.34, a decrease from CNY 177,323,918.75 in the previous year[50]

Financial Performance - The company achieved total operating revenue of ¥133,141.06 million, a decrease of 8.03% year-on-year [4] - The net profit attributable to shareholders was -¥53,528.11 million, a decline of 490.26% [4] - The net profit after deducting non-recurring gains and losses was -¥55,857.51 million, down 682.43% year-on-year [4] - Total assets at the end of the reporting period were ¥420,507.13 million, a decrease of 3.56% from the beginning of the year [4] - Shareholders' equity attributable to the parent company was ¥266,262.79 million, down 15.27% [4] - Earnings per share attributable to shareholders was ¥5.96, a decrease of 15.22% from the beginning of the year [4] Factors Affecting Performance - The decline in net profit was primarily due to increased sales volume of chip products, but pressure on product prices led to a decrease in gross margin [5] - Significant R&D investments were made to enrich product categories and optimize product structure, resulting in increased R&D costs [5] - The company recognized asset impairment losses for inventory, which increased compared to the previous year [5] - The implementation of a restricted stock incentive plan in June 2023 contributed to the increase in share-based payment expenses [5] Product Development and Market Strategy - The company is actively enhancing its product offerings, with DrMOS and multi-phase products progressing as expected, achieving mass production [6] - The product matrix for DrMOS and multi-phase controllers has been established, with new products planned for release in 2024 [6] - The company is expanding its signal chain product line, which currently has a lower revenue share compared to power management chips [7] - Several clock and operational amplifier chips have been mass-produced for various applications, with plans to accelerate the output of new signal chain products [7] Acquisition Strategy - The company is actively monitoring market opportunities for mergers and acquisitions to broaden its product line and enhance market capabilities [7]

Investment Rating - The report maintains a "Recommended" rating for the company, indicating an expectation of outperforming the benchmark index by 10% to 20% over the next six months [8][38]. Core Views - The company is experiencing short-term performance pressure due to weak terminal demand and inventory destocking by customers, but market expansion and new product launches are expected to gradually improve performance [24][38]. - The semiconductor industry is showing signs of recovery, with domestic analog chip manufacturers poised for growth as the industry cycle improves and domestic substitution accelerates [24][38]. - The company has established a virtual IDM model, enhancing its technological barriers and expanding into communication computing and automotive electronics, which are expected to drive future growth [24][38]. Financial Summary - In 2023, the company's revenue decreased by 8.03% to 1.331 billion yuan, while the net profit attributable to the parent company was -535 million yuan, a decline of 490.26% [24][38]. - For Q4 2023, the company reported revenue of 327 million yuan, down 19.80% year-on-year and 7.99% quarter-on-quarter, with a net profit of -171 million yuan [24][38]. - The forecast for net profit attributable to the parent company for 2023-2025 has been adjusted to -535 million yuan, -191 million yuan, and 40 million yuan, respectively, with corresponding EPS of -1.20, -0.43, and 0.09 yuan [24][38].

中信证券股份有限公司 关于杰华特微电子股份有限公司向参股公司增资暨关联交易的 核查意见 中信证券股份有限公司（以下简称"中信证券"或"保荐机构"）作为杰华 特微电子股份有限公司（以下简称"公司"、"杰华特"或"发行人"）首次公 开发行股票并在科创板上市的保荐机构。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》《上海证券交易所科创板上市公司自律 监管指引第 1 号——规范运作》《科创板上市公司持续监管办法（试行）》及《上 海证券交易所上市公司自律监管指引第 11 号——持续督导》等有关规定，对公 司向参股公司无锡市宜欣科技有限公司（以下简称"宜欣科技"或"目标公司"） 增资暨关联交易、开展新业务的事项进行了核查，核查情况如下： 一、增资暨关联交易概述 根据公司战略发展及业务需要，公司拟以自有资金 4,000 万元认缴参股公司 宜欣科技新增的注册资本 4,000 万元，占增资后的注册资本比例为 30.77%。本次 增资后公司认缴宜欣科技出资额合计为 7,000 万元，共持有宜欣科技 53.85%股 权。自本次增资完成后，宜欣科技成为公司控股子公司，纳入公司合并报表范围。 公司目前持有宜 ...

证券代码：688141 证券简称：杰华特 公告编号：2024-002 杰华特微电子股份有限公司 关于向参股公司增资暨关联交易的公告 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。 重要内容提示： 1. 业务整合不达预期风险 由于公司与宜欣科技在企业文化、管理制度等方面存在一定的差异，在本次 收购完成后，公司对目标公司的日常经营、业务整合、协同发展能否顺利实施以 及整合效果能否达到预期均存在一定的不确定性。公司将积极采取相关措施，在 管理团队、管理制度等各方面积极规划部署和整合，以确保本次增资完成后公司 和目标公司的业务能够保持稳步发展，发挥协同效应，降低风险。 2. 商誉减值的风险 本次收购完成后，在公司合并资产负债表中将形成一定金额商誉。根据《企 业会计准则》，本次收购形成的商誉将在每年进行减值测试。存在如果未来由于 杰华特微电子股份有限公司（以下简称"公司"）拟以自有资金 4,000 万元 认缴参股公司无锡市宜欣科技有限公司（以下简称"宜欣科技"或"目标公 司"）新增的注册资本 4,000 万元，本次增资后公司共持有宜 ...

证券代码：688141 证券简称：杰华特 公告编号：2024-003 二、监事会会议审议情况 全体监事对本次监事会会议议案进行了审议，经表决形成如下决议： 审议通过了《关于向参股公司增资暨关联交易的议案》 监事会认为：公司本次增资暨关联交易、开展新业务事项，符合公司战略 规划和未来业务发展方向，新业务有利于持续强化公司的核心竞争优势，提高 公司产业协同效应，具有必要性和合理性。审议程序符合《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》等相关法律法规和规范性文 件及《公司章程》的规定，不存在损害公司、股东利益的情形。公司监事会一 致同意本次增资暨关联交易、开展新业务事项。 表决结果：3票同意、0票反对、0票弃权。 本议案无需提交公司股东大会审议。 本公司监事会及全体监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、监事会会议召开情况 杰华特微电子股份有限公司（以下简称"公司"）于2024年2月22日以现 场结合通讯方式召开第一届监事会第十七次会议（以下简称"本次会议"）， 本次会议通知已于2024年2月18日以书面通知方式 ...

（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： 证券代码：688141 证券简称：杰华特 公告编号：2023-053 杰华特微电子股份有限公司 2023 年第三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 | 1、出席会议的股东和代理人人数 | 31 | | --- | --- | | 普通股股东人数 | 31 | | 2、出席会议的股东所持有的表决权数量 | 211,033,923 | | 普通股股东所持有表决权数量 | 211,033,923 | | 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 | 47.2238 | | 比例（%） | | | 普通股股东所持有表决权数量占公司表决权数量的比例 | 47.2238 | | （%） | | （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。 （一） 股东大会召开的时间：2023 年 12 月 29 日 ...

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 年第三次临时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 年第三次临时 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 ...

中信证券股份有限公司（以下简称"中信证券"或"保荐机构"）作为杰华 特微电子股份有限公司（以下简称"公司"、"杰华特"或"发行人"）首次公 开发行股票并在科创板上市的保荐机构。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》《上海证券交易所科创板上市公司自律 监管指引第 1 号——规范运作》《科创板上市公司持续监管办法（试行）》及《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（2022 年 修订）》等有关规定，对公司首次公开发行部分限售股及部分战略配售股上市流 通的事项进行了核查，核查情况如下： 一、本次上市流通的限售股类型 中信证券股份有限公司 关于杰华特微电子股份有限公司首次公开发行部分限售股及部 分战略配售股上市流通的核查意见 根据中国证券监督管理委员会（以下简称"中国证监会"）于 2022 年 10 月 8 日出具的《关于同意杰华特微电子股份有限公司首次公开发行股票注册的批复》 （证监许可〔2022〕2377 号），同意公司首次公开发行股票的注册申请。杰华特 微电子股份有限公司（以下简称"公司"或"杰华特"）首次向社会公众公开发 行人民币普通股（A 股 ...

证券代码：688141 证券简称：杰华特 公告编号：2023-052 杰华特微电子股份有限公司 首次公开发行部分限售股及部分战略配售股上市流通公告 三、本次上市流通的限售股的有关承诺 本次申请上市的首发限售股股东作出的有关承诺如下： 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： 一、本次上市流通的限售股类型 根据中国证券监督管理委员会（以下简称"中国证监会"）于 2022 年 10 月 8 日出具的《关于同意杰华特微电子股份有限公司首次公开发行股票注册的批复》 （证监许可〔2022〕2377 号），同意公司首次公开发行股票的注册申请。杰华 特微电子股份有限公司（以下简称"公司"或"杰华特"）首次向社会公众公开发行 人民币普通股（A 股）股票 58,080,000 股，并于 2022 年 12 月 23 日在上海证券 交易所科创板上市，发行完成后总股本为 446,880,000 股，其中有限售条件流通 股 397,424,997 股，无限售条件流通股 49,455,003 股。 本次上市流通的限售股为公司部 ...