Group 1 - The first commercial AI voice module based on the Shanghai HiSilicon WS63 solution has been launched by Mingyufeng, enhancing short-distance intelligent interaction experiences across various sectors such as smart home appliances, AI toys, robotics, and industrial operations [1] - The Star Flash AI module features low latency, high reliability, and high concurrency, making it suitable for high-precision applications in smart cars and smart manufacturing, thus positioning itself as a disruptive technology in the short-distance wireless communication market [1] - The Star Flash technology is expected to see accelerated penetration as new application scenarios emerge, increasing the demand for connectivity solutions [1] Group 2 - According to predictions from Zhongyan Puhua Research Institute, the global Star Flash technology market is expected to exceed $6 billion by 2025, with a compound annual growth rate of 117.2%, and is projected to grow to $15.1 billion by 2030 [2] - Chuangyao Technology has made progress in the application of short-distance wireless Star Flash chips and industrial bus chips, aiming to provide efficient and stable device connectivity and data transmission solutions for various industries [3] - Lierda is among the first companies to obtain samples of the HiSilicon Star Flash chips and has developed dual-mode Star Flash modules, showcasing the growing interest and development in this technology [3]

Core Viewpoint - The rapid development of embodied intelligence, particularly in humanoid robots, is expected to reshape industrial production and create new opportunities across the entire industry chain [2][5]. Group 1: Industry Trends - The integration of advanced communication, AI, and mechanical technologies will lead to the emergence of "super workers" in factories, enhancing efficiency and productivity in industrial settings [2][4]. - The collaboration between Chuangyao Technology and Haosen Intelligent aims to advance industrial communication technology for embodied robots, indicating a focus on industrial applications rather than consumer scenarios [3][4]. Group 2: Market Opportunities - The global market for embodied intelligence in scenarios like unmanned factories could reach several hundred million units annually, with domestic manufacturers expected to lead in mass production and commercialization [5]. - The growth of the embodied intelligence industry will necessitate the development of a comprehensive supply chain, creating opportunities in various sectors such as chips, components, and application development [5]. Group 3: Communication Technology - Communication is critical for the functionality of embodied robots in industrial environments, where external control must be maintained despite challenging conditions that can disrupt signals [3][4]. - Chuangyao Technology has a strong foundation in communication technology, which it plans to leverage to create successful commercial products tailored to industry needs [6]. Group 4: Domestic Chip Development - There is significant growth potential for domestic communication chip companies, as they can capitalize on market and cost advantages to expand their market share [6]. - The domestic chip industry faces challenges from established foreign competitors, but the maturation of local manufacturing and design capabilities presents opportunities for growth [6].

创耀（苏州）通信科技股份有限公司 2024 年年度股东大会会议资料 证券代码：688259 证券简称：创耀科技 创耀（苏州）通信科技股份有限公司 2024 年年度股东大会 会议资料 江苏.苏州 2025 年 5 月 1 创耀（苏州）通信科技股份有限公司 2024 年年度股东大会会议资料 目录 | 2024 年年度股东大会会议须知 | | 3 | | --- | --- | --- | | 2024 年年度股东大会会议议程 | | 5 | | 议案一、《关于<2024 年度董事会工作报告>的议案》 | | 7 | | 议案二、《关于 2024 年度财务决算报告的议案》 | 12 | | | 议案三、《关于 2024 年年度报告及其摘要的议案》 | 17 | | | 议案四、《关于 2024 年度利润分配预案的议案》 | 18 | | | 议案五、《关于续聘会计师事务所的议案》 | 19 | | | 议案六、《关于 2025 年度董事薪酬方案的议案》 | 20 | | | 议案七、《关于公司 2025 | 年度向银行申请综合授信额度的议案》 | 21 | | 议案八、《关于提请股东大会授权董事会制定 | 2025 ...

Investment Rating - The report maintains a "Buy" rating for the company, indicating an expected stock price increase of over 15% relative to the industry index in the next six months [4][17]. Core Viewpoints - The company is experiencing short-term pressure on performance due to a slowdown in downstream demand and overall market conditions, with a projected revenue decline of 10.4% in 2024 [2][8]. - Despite the current challenges, the company is focusing on enriching its product matrix and enhancing its competitive advantages through key technology advancements and product iterations [3][8]. - The company is expected to achieve a net profit of 0.68 billion, 0.77 billion, and 0.89 billion for the years 2025 to 2027, with corresponding EPS of 0.61, 0.69, and 0.80 [8]. Financial Summary - Revenue for 2023 is reported at 661 million, with a forecasted decline to 592 million in 2024, followed by a recovery to 647 million in 2025 [1][2]. - The net profit for 2023 is 58 million, with a slight increase to 60 million in 2024, and further growth expected in subsequent years [1][2]. - The company's P/E ratio is projected to decrease from 76.1 in 2023 to 50.0 by 2027, indicating improving valuation metrics over time [1][8].

Core Viewpoint - The company, Chuangyao Technology, reported a steady growth in revenue and profit for 2024, achieving an operating income of 592 million yuan and a net profit of 45.1 million yuan, reflecting a year-on-year growth of 4.42% despite a complex market environment [1] Group 1: Financial Performance - In 2024, the company achieved an operating income of 592 million yuan and a net profit of 45.1 million yuan, marking a 4.42% increase year-on-year [1] - The company plans to focus on existing core businesses while enhancing market development and integration capabilities for higher quality growth in 2025 [1] Group 2: R&D and Innovation - The company increased its R&D investment to 124 million yuan, accounting for 21.02% of its operating income, to drive innovation and product development [2] - The company is expanding its application fields in core technologies such as power line carrier communication chips and access network chips, which are crucial for long-term growth [2] - The company is actively developing short-range wireless chips for various IoT devices, aiming to capture new business opportunities in the mid-to-high-end wireless terminal market [3] Group 3: Strategic Investments - The company is strategically investing in high-quality enterprises in the semiconductor design and communication equipment sectors to enhance its competitive edge and extend its industry chain [4] - A collaborative mechanism involving professional investment institutions, government-guided funds, and industrial capital has been established to identify high-growth potential startups [4] - The company plans to continue leveraging capital to implement strategic acquisitions of quality assets while enhancing the operational efficiency of invested enterprises [4] Group 4: Shareholder Returns - The company has implemented various shareholder return mechanisms, including cash dividends and share buybacks, to enhance investor rights protection [6] - A cash dividend of 4.5 yuan per 10 shares is proposed, totaling 4.99 million yuan, which represents 35.78% of the net profit attributable to the parent company for 2024 [6] - The cash dividend ratio has increased from 30.50% in 2021 to 35.78% in 2024, demonstrating a commitment to sharing development results with investors [6]

证券代码：688259 证券简称：创耀科技 公告编号：2025-017 创耀（苏州）通信科技股份有限公司 关于召开2024年年度股东大会的通知 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： 一、 召开会议的基本情况 （一） 股东大会类型和届次 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 2024年年度股东大会 （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、时间和地点 召开日期时间：2025 年 5 月 21 日 14 点 30 分 召开地点：苏州工业园区集贤街 89 号 6 幢 18 楼哈佛会议室 （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 网络投票起止时间：自2025 年 5 月 21 日 至2025 年 5 月 21 日 股东大会召开日期：2025年5月21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 东大 ...

国泰海通证券股份有限公司 关于创耀（苏州）通信科技股份有限公司 2024 年度持续督导工作现场检查报告 上海证券交易所： 国泰海通证券股份有限公司（以下简称"国泰海通"、"保荐人"）作为创耀 （苏州）通信科技股份有限公司（以下简称"创耀科技"或"公司"）首次公开 发行股票并在科创板上市的保荐人，根据《中华人民共和国公司法》《中华人民 共和国证券法》《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》（以下简称"《上市规则》"）和《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，对公司 2024 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、本次现场检查的基本情况 （一）保荐人 国泰海通证券股份有限公司 （二）保荐代表人 （三）现场检查时间 2025 年 4 月 21 日-2025 年 4 月 25 日 （四）现场检查人员 杜超珣、李淳 （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及内部控制、信息披露、独 立性、与关联方的资金往来、募集资金使用情况、关联交易、对外担保、重大对 1 ...

国泰海通证券股份有限公司 关于创耀（苏州）通信科技股份有限公司 2025年度日常关联交易预计的核查意见 国泰海通证券股份有限公司（以下简称"国泰海通"或"保荐机构"）作为 创耀（苏州）通信科技股份有限公司（以下简称"创耀科技"或"公司"）持续 督导的保荐机构，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》等相关法律、法规和规范性文件的规定，对创耀科技 2025 年度日常 关联交易预计的事项进行了专项核查，核查情况与意见如下： 一、日常关联交易基本情况 （一）日常关联交易概述 公司因日常经营和业务发展需要，结合公司实际情况，预计 2025 年度将与 关联方上海凌耘微电子有限公司（以下简称"凌耘微"）发生总金额不超过人民 币 680.00 万元的日常关联交易。公司 2024 年度未对日常关联交易金额进行预 计，实际发生金额为人民币 177.16 万元。 公司于 2025 年 4 月 24 日召开的第二届董事会第十四次会议、第二届监事 会第十二次会议审议通过了《关于 2025 年度日常关联交易预计的议案》。本议 案已经关 ...

证券代码：688259 证券简称：创耀科技 公告编号：2025-016 创耀（苏州）通信科技股份有限公司 关于召开 2024 年度暨 2025 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、准确性和完整性承担法律责任。 重要内容提示： 会议召开时间：2025 年 05 月 08 日（星期四）13:00-14:00 二、说明会召开的时间、地点 （一）会议召开时间：2025 年 05 月 08 日 （星期四） 13:00-14:00 （二）会议召开地点：上证路演中心（网址：https://roadshow.sseinfo.com/） （三）会议召开方式：上证路演中心网络互动 三、 参加人员 会议召开地点：上海证券交易所上证路演中心（网址： https://roadshow.sseinfo.com/） 会议召开方式：上证路演中心网络互动 投资者可于 2025 年 04 月 28 日（星期一）至 05 月 07 日 （星期三） 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@triductor.com ...

创耀（苏州）通信科技股份有限公司 2024 年度独立董事述职报告（徐赞） 作为创耀（苏州）通信科技股份有限公司（以下简称"公司"）的独立董事， 2024 年本人严格根据《中华人民共和国公司法》、《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》、《上市公司独立董事管理办法》等法律、法规、规章和规范性文件以及《公 司章程》等的规定和要求，秉持客观、独立、公正的立场，诚实、勤勉、独立地 履行职责，积极出席相关会议，独立自主决策，充分发挥了独立董事及各专门委 员会的作用，切实维护公司和全体股东，特别是中小股东的合法权益，促进公司 规范运作。现将本人 2024 年度履职情况报告如下： 一、独立董事的基本情况 （二）任职董事会专门委员会的情况 本人在审计委员会及薪酬与考核委员会担任主任委员，在提名委员会担任委 员。 （三）是否存在影响独立性的情况说明 作为公司的独立董事，经自查，本人未在公司担任除独立董事以外的任何职 务，自身及直系亲属、主要社会关系均未在公司或其附属企业任职，也未在公司 主要股东单位担任任何职务，亦不存在为公司及其控股股东、实际控制人或者其 各 ...