北京市汉坤律师事务所上海分所 关于 思特威（上海）电子科技股份有限公司 2024 年年度股东大会 之 法律意见书 汉坤（证）字[2025]第 37094-4-O-3 号 中国上海市静安区石门一路 288 号兴业太古汇香港兴业中心二座 33 层 200041 电话：(86 21) 6080 0909；传真：(86 21) 6080 0999 北京 上海 深圳 香港 海口 武汉 新加坡 纽约 www.hankunlaw.com 北京市汉坤律师事务所上海分所 法律意见书 北京市汉坤律师事务所上海分所 关于思特威（上海）电子科技股份有限公司 2024 年年度股东大会之 法律意见书 编号：汉坤（证）字[2025]第 37094-4-O-3 号 致：思特威（上海）电子科技股份有限公司 北京市汉坤律师事务所上海分所（以下简称"本所"）接受思特威（上海） 电子科技股份有限公司（以下简称"思特威"或"公司"）的委托，指派本所律 师出席公司 2024 年年度股东大会（以下简称"本次股东大会"）进行法律见证。 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》等有关法律、法规和规范性文件以及《思特威 ...

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 （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 | 218 | | --- | --- | | 普通股股东人数 | 217 | | 特别表决权股东人数 | 1 | | 2、出席会议的股东所持有的表决权数量 | 456,259,595 | | 普通股股东所持有表决权数量 | 182,575,008 | | 特别表决权股东所持有表决权数量（每份特别表决权股份的 | 273,684,587 | | 表决权数量为：5） | | | 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 | 73.5711 | | 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（%） | 29.4399 | 1 （一） 股东大会召开的时间：2025 年 5 月 30 日 （二） 股东大会召开的地点：上海市闵行区田林路 889 号科技绿洲四期 8 号楼 证券代码：688213 证券简称：思特威 公告编号：2025-022 思特威（上海）电子科技股份有限公司 ...

Investment Rating - The report assigns a "Buy" rating for the company [2][8]. Core Viewpoints - The company focuses on high-performance CMOS image sensor chips, driving diversified development through three main industries: smart security, smartphones, and automotive electronics. The company aims to provide multi-scenario applications and full-performance coverage, contributing to the intelligent and information-driven transformation of various industries [2][3][23]. - The company is expected to achieve a revenue of 5.968 billion yuan in 2024, marking a historical high with a year-on-year growth of 108.87%. In the first quarter of 2025, the revenue reached 1.75 billion yuan, also reflecting a year-on-year increase of 108.94% [2][31]. Summary by Sections 1. Business Overview - The company is a global leader in smart security CIS, focusing on visual imaging technology and CIS product development. It has successfully launched several advanced product series to meet the intelligent phase of the security industry [3]. - The XS series high-end products have seen a significant increase in shipment volume, with smartphones driving rapid revenue growth. The company has deepened cooperation with multiple clients, enhancing its market position and brand influence [3][4]. 2. Market Trends and Demand - The global AI trend is expected to boost downstream demand, initiating a new upcycle in the semiconductor industry. The global semiconductor sales are projected to reach 627.6 billion USD in 2024, a year-on-year growth of 19.1% [38][40]. - The company’s product system is diversified to meet the needs of different application fields, with a focus on high-quality, intelligent video solutions [41]. 3. Financial Performance - The company’s revenue has shown steady growth, with a compound annual growth rate of 40.60% from 2020 to 2024. The net profit for 2024 is projected to be 393 million yuan, with a significant year-on-year increase of 2,662.8% [31][35]. - The gross margin and net margin have improved, with a gross margin of 21.09% and a net margin of 6.58% in 2024 [33]. 4. Competitive Advantages - The company has a competitive edge in the CMOS image sensor market, with a focus on high-end products and a growing market share among domestic manufacturers. The domestic market for CMOS image sensors is expanding rapidly, with increasing demand for high-performance products [51][54]. - The company has established a robust patent portfolio, with 464 authorized patents, including 216 invention patents, enhancing its technological capabilities [41][43].

Group 1 - A total of 26 companies were investigated by institutions on May 26, with 20 companies specifically targeted by funds [1] - The most popular company among funds was Cankin Technology, which had 13 participating funds, followed by Greebo and Hars, each with 12 funds [1] - The companies investigated belong to various sectors, including electronics, machinery, basic chemicals, and pharmaceutical biology, with three stocks from each of these sectors being highlighted [1] Group 2 - Among the companies investigated, four had a total market capitalization exceeding 50 billion yuan, with BOE Technology Group being one of them, while ten companies had a market cap below 10 billion yuan [1] - In terms of market performance, eight stocks among the investigated companies saw an increase in the last five days, with Kailer Co., Zhongsheng Pharmaceutical, and Zhongchumei leading with increases of 21.62%, 7.52%, and 5.76% respectively [1] - Conversely, twelve stocks experienced declines, with Jiangnan Yifan, Tangyuan Electric, and Greebo showing the largest drops of 5.68%, 4.34%, and 3.89% respectively [1] Group 3 - The funds that participated in the investigations included significant net inflows, with Zhongsheng Pharmaceutical receiving a net inflow of 122 million yuan, the highest among the stocks [2] - Other companies with notable net inflows included Haida Group and Kailer Co., with net inflows of 36.68 million yuan and 11.77 million yuan respectively [2] - The table of companies investigated includes various details such as stock codes, latest closing prices, five-day price changes, and industry classifications [2][3]

Core Viewpoint - Weir Shares (603501.SH) is changing its name to "Haowei Group" to better reflect its strategic direction and enhance brand influence in the semiconductor industry, particularly in the image sensor market [2][3] Group 1: Company Overview - Weir Shares is a leading domestic semiconductor design company with a market capitalization of 156.04 billion yuan and a stock price of 128.22 yuan [2] - The company completed the acquisition of leading CIS (CMOS Image Sensor) firm Haowei Technology in 2019, and by 2024, over 70% of its revenue will come from image sensors [2] Group 2: Competitive Landscape - Weir Shares is currently facing competition from another major image sensor manufacturer, Sitaiwei (688213.SH), which has shown significantly higher growth rates in revenue and net profit [2][3] - In Q1 2025, Weir Shares reported revenue of 6.472 billion yuan, a year-on-year increase of 14.68%, while Sitaiwei's revenue reached 1.75 billion yuan, with a remarkable growth of 108.94% [3][4] Group 3: Market Trends - The growth in revenue for Sitaiwei is attributed to the increased shipment of high-end 50-megapixel products for flagship smartphones and the rising demand for automotive CIS due to advancements in smart driving technology [4] - The automotive sector is identified as the fastest-growing market for image sensors, with both Weir Shares and Sitaiwei increasing their product shipments in this area [4] Group 4: Business Focus - Weir Shares is considering focusing more on its CIS business, as indicated by the significant increase in gross margin for its image sensor solutions, which rose by over 10 percentage points year-on-year [6] - In contrast, the gross margins for its display and analog solutions have been declining, with the display solutions revenue decreasing by 17.77% in 2024 [6]

思特威（上海）电子科技股份有限公司 简式权益变动报告书 上市公司名称：思特威（上海）电子科技股份有限公司 股票上市地点：上海证券交易所 股票简称：思特威 股票代码：688213 信息披露义务人 信息披露义务人姓名：Brizan China Holdings Limited 住所及通讯地址：FLAT/RM 01, 19/F Beautiful Group Tower, 74-77 Connaught Road Central, HK 股份变动性质：Brizan China Holdings Limited 于 2025 年 4 月 3 日至 2025 年 5 月 19 日期间通过集中竞价交易减持公司股份 3,310,200 股，占公司总股本的 0.82%，减持后持股比例触及 5%刻度。 简式权益变动报告书签署日期：2025 年 5 月 19 日 信息披露义务人声明 一、信息披露义务人依据《中华人民共和国证券法》（以下简称"《证券法》"）、 《上市公司收购管理办法》（以下简称"《收购办法》"）、《公开发行证券的公司 信息披露内容与格式准则第 15 号—权益变动报告书》（以下简称"准则 15 号"） 及相关的法律、 ...

证券代码：688213 证券简称：思 特 威 公告编号：2025-020 思 特 威（上海）电子科技股份有限公司 关于持股 5%以上股东权益变动的提示性公告 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： ? 本次权益变动属于持股 5%以上的股东 Brizan China Holdings Limited（以 下简称"Brizan Holdings"）履行此前已披露的减持股份计划，不触及要约收购。 ? 本次权益变动主体 Brizan Holdings 无一致行动人，权益变动后其直接持 有思 特 威（上海）电子科技股份有限公司（以下简称"公司"）股份 2,009.2030 万股，占公司总股本的比例为 5.00%。 ? 本次权益变动不涉及公司控股股东及实际控制人发生变化。 权益变动方向 比例增加□ 比例减少? 权益变动前合计比例 5.82% 权益变动后合计比例 5.00% 本次变动是否违反已作出的承 是□ 否? 诺、意向、计划 是否触发强制要约收购义务 是□ 否? 一、 本次权益变动基本情况 （一）身份类别 □控 ...

证券代码：688213 证券简称：思特威 公告编号：2025-020 思特威（上海）电子科技股份有限公司 关于持股 5%以上股东权益变动的提示性公告 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： 2025年3月13日，公司代为信息披露义务人Brizan Holdings披露了《股东减持 股份计划公告》，Brizan Holdings拟计划在2025年4月3日至2025年7月2日减持不 超过3,336,000股股份。2025年4月3日至2025年5月19日期间，Brizan Holdings通过 集中竞价交易减持公司股份3,310,200股，占公司总股本的0.82%。 本次权益变动属于持股 5%以上的股东 Brizan China Holdings Limited（以 下简称"Brizan Holdings"）履行此前已披露的减持股份计划，不触及要约收购。 本次权益变动主体 Brizan Holdings 无一致行动人，权益变动后其直接持 有思特威（上海）电子科技股份有限公司（以下简称"公司"）股份 2,00 ...

思特威公告，持股5%以上的股东Brizan China Holdings Limited(简称"Brizan Holdings")履行此前披露的 减持股份计划，持股比例从5.82%降至5.00%。Brizan Holdings在2025年4月3日至5月19日期间通过集中 竞价交易减持公司股份331.02万股，占公司总股本的0.82%。权益变动后，Brizan Holdings持有公司股份 2009.2万股。 ...

Group 1 - The core viewpoint of the article emphasizes the ongoing efforts by Chinese financial authorities to enhance the financial ecosystem in Beijing, focusing on high-quality development and international influence [2] - The People's Bank of China aims to support the capital's financial function layout and promote the internationalization of the Renminbi, positioning Beijing as a hub for technology finance [2] - The China Securities Regulatory Commission (CSRC) has revised the Major Asset Restructuring Management Measures, introducing a phased payment mechanism for restructuring shares and simplifying the review process for mergers and acquisitions [3] Group 2 - Nvidia's CEO announced a strategic reassessment of the Chinese market due to U.S. government restrictions on the export of certain chips, which may lead to a loss of market share in China, potentially benefiting domestic AI chip manufacturers [4] - The Hang Seng Index announced significant adjustments to its constituent stocks, including the addition of Midea Group and ZTO Express, which reflects ongoing changes in the Hong Kong stock market [5] - Analysts predict that recent monetary policy easing in China will gradually show positive effects, potentially boosting the profitability of Hong Kong stocks and attracting more southbound capital [6] Group 3 - The U.S. President indicated potential new tariffs on trade partners, which may impact market sentiment, while Wall Street remains cautious about the sustainability of the current stock market rally [6] - The National Bureau of Statistics is set to release key economic data, including industrial output and retail sales, which will provide insights into the economic landscape [8] - The CSRC has approved an IPO registration for Huadian New Energy Group, indicating ongoing activity in the capital markets [12]