Group 1 - The core viewpoint of the news is the performance and characteristics of the convertible bond issued by Alliance Electronics, which has seen a price increase and has specific terms regarding its conversion to equity [1] - The convertible bond has a credit rating of "A+" and a maturity period of 6 years, with a coupon rate that increases over the years, starting from 0.20% in the first year to 2.50% in the sixth year [1] - The conversion price for the bond is set at 20.94 yuan, with the conversion period starting on March 18, 2024 [1] Group 2 - For the first quarter of 2025, Alliance Electronics reported a revenue of 21.113 million yuan, reflecting a year-on-year increase of 48.01% [2] - The net profit attributable to shareholders was -15 million yuan, showing a year-on-year increase of 30.88%, while the net profit excluding non-recurring items was -19.5 million yuan, with a year-on-year increase of 26.22% [2] - The shareholder concentration is very high, with the top ten shareholders holding a combined 49.52% of shares, and the top ten circulating shareholders holding 49.54% [2]

Core Viewpoint - Chengdu Mingsheng Electronics Technology Co., Ltd. has issued a correction to its 2024 annual report due to calculation errors, which do not affect the company's main business or its financial performance for the year [1][3]. Correction Details - The correction pertains to the "Management Discussion and Analysis" section, specifically regarding the analysis of revenue and costs, which includes the breakdown of revenue by industry, product, region, and sales model [1]. - The corrected figures show a decrease in revenue and gross margin for both satellite navigation and satellite communication sectors [2]. Financial Impact - The correction does not impact the overall financial statements, including the balance sheet, income statement, and cash flow statement for the year 2024 [1][3]. - The company has expressed its commitment to improving the quality of information disclosure and the auditing process for future reports [3].

Core Viewpoint - The company experienced a significant decline in revenue for the fiscal year 2024, with total revenue reported at 139 million yuan, a decrease of 70.90% compared to 2023, primarily due to industry environmental factors and delays in project execution [1][6][10]. Revenue Analysis - The company's revenue for 2024 was 139 million yuan, down from the previous year, with a core revenue of 135 million yuan after excluding unrelated business income [1][11]. - The fourth quarter saw a notable increase in revenue contribution, rising from 17.22% to 37.57% of total revenue, indicating a significant seasonal distribution change [1][9]. Order and Project Delays - Major delays in project execution were attributed to factors such as suspended contract execution and unfulfilled order deliveries, affecting approximately 245.82 million yuan in total order value [1][10]. - Specific clients, including various subsidiaries of China Aerospace Science and Technology Corporation, faced delays in project deliveries, with some expected to resume in 2025 [2][4]. New Orders and Future Projections - The company reported significant new orders for 2023 and 2024, with a focus on satellite navigation and communication products, which are expected to support revenue projections for 2025 [6][8]. - The total order backlog as of April 2024 was substantial, indicating potential revenue recovery as projects resume execution [6][10]. Market and Industry Context - The military industry remains a core focus for the company, with government defense spending projected to increase by 7.2% in 2025, suggesting ongoing demand in the sector [7][8]. - The company has maintained a strong competitive position within the industry, with expectations of improved revenue as the impact of previous environmental factors diminishes [8][10]. Financial Performance Metrics - The company reported a net loss of 272 million yuan for 2024, a significant increase in losses compared to the previous year, with a gross margin decline of 24.31 percentage points to 25.98% [11]. - The gross margin for satellite navigation products decreased by 29.93 percentage points to 26.45%, while satellite communication products saw a reduction of 11.22 percentage points to 20.45% [11].

Core Viewpoint - The company reported a significant decline in revenue for 2024, primarily due to project delays and reduced customer demand, particularly in the military sector, with a revenue drop of 57.94% compared to 2023 and 70.90% compared to 2022 [2][8]. Revenue Performance - The company achieved a revenue of 139 million yuan in 2024, down from 331 million yuan in 2023 and 475 million yuan in 2022 [2]. - The revenue for 2024 was 135 million yuan after excluding non-core business income [2]. - Quarterly revenue distribution showed significant fluctuations, with the fourth quarter accounting for 37.57% of total revenue, up from 17.22% in the previous year [2]. Project Delays and Customer Impact - Major project delays were attributed to factors such as testing suspensions, contract execution pauses, and new orders not being placed as expected, affecting approximately 245.82 million yuan in revenue [8][9]. - Specific customers impacted include various subsidiaries of China Aerospace Science and Technology Corporation, with several projects expected to resume in 2025 [4][5]. Order and Market Analysis - The company has a substantial backlog of orders, with a total of 540.88 million yuan in hand orders expected to generate revenue in 2025 [6][7]. - The military and civilian sectors remain the primary revenue sources, with a focus on satellite navigation and communication products [8][9]. - The company anticipates a recovery in revenue as industry conditions improve and projects that were delayed begin to execute [9]. Seasonal Revenue Distribution - The company’s revenue is typically concentrated in the fourth quarter, aligning with military procurement cycles, where significant project deliveries and settlements occur [10]. - The seasonal distribution of revenue in 2023 and 2024 was affected by external factors, leading to a lower proportion of revenue in the fourth quarter compared to previous years [10].

| 证券代码：688311 | 证券简称：盟升电子 | 公告编号：2025-050 | | --- | --- | --- | | 转债代码：118045 | 转债简称：盟升转债 | | 成都盟升电子技术股份有限公司 关于 2024 年年度报告更正的提示性公告 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。 成都盟升电子技术股份有限公司（以下简称"公司"）于2025年4月25日在上 海证券交易所（www.sse.com.cn）披露了《2024年年度报告》，经事后核查，因 工作人员计算错误，导致《2024年年度报告》中部分内容有误，现予以更正。 本次更正不涉及公司主营业务调整，不影响2024年度资产负债表、利润表、 现金流量表，不会对公司2024年度业绩产生重大影响。具体更正情况如下： 一、更正情况 《2024年年度报告》中"第三节、管理层讨论与分析"之"五、报告期内主 要经营情况"之"(一)主营业务分析"之"2、收入和成本分析"之"(1)主营业 务分行业、分产品、分地区、分销售模式情况" 更正前： | | 主营业务分行业情 ...

立信会计师事务所（特殊普通合伙） 《关于成都盟升电子技术股份有限公司 2024 年年度报告的信息披露 监管问询函》的回复 信会师报字[2025]第 ZA90738 号 上海证券交易所： 一、关于营业收入。 年报显示，2024年度，公司实现营业收入1.39亿元，较2023年大幅减少57.94%、 较2022年减少70.90%。年报称，主要系部分项目验收延迟、项目采购计划延期、 新订单下发放缓等所致。扣除与主营业务无关的业务收入和不具备商业实质的收 入后，收入为1.35亿元。从季度分布来看，2024年各季度分别确认收入1,426.46万 元、6,571.05万元、703.06万元、5,235.71万元，季度间波动较大；第四季度收入占 比由17.22%上升至37.57%，季节性分布变化较大。 请你公司：（1）按试验鉴定搁置、合同执行暂停、已下订单未按计划节点交付 验收、新订单未按预期下达等影响程度，补充说明主要延期项目涉及的客户名称、 是否为关联方、产品类型、交易金额、已履约进度、后续进展安排等；（2）补充列 示2023年和2024年重要新增订单具体情况，包括但不限于客户名称、产品类型、订 单金额、已开展进度等，并 ...

华泰联合证券有限责任公司 关于成都盟升电子技术股份有限公司 2024 年年度报告的信息披露监管问询函回复的核查意见 上海证券交易所： 根据贵所于 2025 年 5 月 23 日出具的《关于成都盟升电子技术股份有限公司 2024 年年度报告的信息披露监管问询函》（上证科创公函【2025】0151 号）（以 下简称"年报问询函"）的要求。华泰联合证券有限责任公司（以下简称"持续督 导机构"）会同公司及相关中介机构就年报问询函提及的事项逐项进行了认真讨论、 核查与落实，现就有关事项出具明确核查意见如下： 一、关于营业收入。 年报显示，2024 年度，公司实现营业收入 1.39 亿元，较 2023 年大幅减少 57.94%、较 2022 年减少 70.90%。年报称，主要系部分项目验收延迟、项目采购计 划延期、新订单下发放缓等所致。扣除与主营业务无关的业务收入和不具备商业实 质的收入后，收入为 1.35 亿元。从季度分布来看，2024 年各季度分别确认收入 1,426.46 万元、6,571.05 万元、703.06 万元、5,235.71 万元，季度间波动较大； 第四季度收入占比由 17.22%上升至 37.57% ...

二〇二五年六月 上海证券交易所: 根据贵所科创板公司管理部于 2025 年 5 月 23 日下发的《关于成都盟升电子 技术股份有限公司 2024 年年度报告的信息披露监管问询函》(上证科创公函 【2025】0151 号）(以下简称"《问询函》")，成都盟升电子技术股份有限公司（以 下简称"盟升电子"或"公司"对问询问题进行了回复，我们对问询函中需要 评估师发表意见的事项，进行了审慎核查，并发表核查意见。 除特别标注外,本核查意见中若出现合计数与各分项直接相加之和的尾数差 异，均系四舍五入造成。 中联资产评估集团（浙江）有限公司 关于上海证券交易所 《关于成都盟升电子技术股份有限公司 2024 年年度报告的信息披露 监管问询函》资产评估相关问题回复 之核查意见 中联资产评估集团(浙江)有限公司 1、关于商誉减值。 年报及前期公告显示,公司于 2021 年 6 月收购南京荧火泰讯信息科技有 限公司(以下简称标的公司或南京荧火)51.00%股权,确认商誉 7.911.49 万元。 2024 年度,受行业环境影响,南京荧火净利润为-669.59 万元,由盈转亏,公司 对所确认的 7,911.49 万元商誉全额计提减值 ...

| 证券代码：688311 | 证券简称：盟升电子 公告编号：2025-049 | | --- | --- | | 转债代码：118045 | 转债简称：盟升转债 | 成都盟升电子技术股份有限公司 关于 2024 年年度报告的信息披露监管问询函回复的 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。 成都盟升电子技术股份有限公司（以下简称"公司"）于2025年5月23日收到上 海证券交易所科创板公司管理部下发的《关于成都盟升电子技术股份有限公司 2024年年度报告的信息披露监管问询函》（上证科创公函【2025】0151号），以下 简称"问询函"）。根据问询函的要求，公司会同持续督导机构华泰联合证券有限责 任公司（以下简称"持续督导机构"）、年审会计师立信会计师事务所（特殊普通合 伙）（以下简称"年审会计师"）以及评估机构中联资产评估集团（浙江）有限公司 （以下简称"评估机构"）对问询函所提及的事项进行了逐项落实，现将问询函所涉 及问题回复如下： 在本问询函相关问题的回复中，若合计数与各分项数值相加之和在尾数上存 在差异 ...

| 证券代码：688311 | 证券简称：盟升电子 | 公告编号：2025-048 | | --- | --- | --- | | 转债代码：118045 | 转债简称：盟升转债 | | 成都盟升电子技术股份有限公司 关于不提前赎回"盟升转债"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： 自 2025 年 5 月 28 日至 2025 年 6 月 18 日期间，成都盟升电子技术股份 有限公司（以下简称"公司"）股票满足在连续三十个交易日中有十五个交易日 的收盘价不低于"盟升转债"当期转股价格 20.94 元的 130%（含 130%），即 27.22 元/股，已触发《成都盟升电子技术股份有限公司向不特定对象发行可转换公司 债券并在科创板上市募集说明书》（以下简称"《募集说明书》"）中规定的有条件 赎回条款。 公司于 2025 年 6 月 18 日召开第四届董事会第三十五次会议，审议通过 《关于不提前赎回"盟升转债"的议案》，决定本次不行使"盟升转债"的提前 赎回权利，不提前赎回"盟升转债"。 未来 ...