申万宏源证券承销保荐有限责任公司 一、持续督导工作情况 | 序号 | 工作内容 | 持续督导工作情况 | | --- | --- | --- | | | 督导上市公司建立健全并有效执行内控制度， 包括但不限于财务管理制度、会计核算制度和 | | | 8 | | 持续督导机构督导光云科技严格执行内部 | | | 内部审计制度，以及募集资金使用、关联交 | 控制制度 | | | 易、对外担保、对外投资、衍生品交易、对子 | | | | 公司的控制等重大经营决策的程序与规则等 | | | | 督导上市公司建立健全并有效执行信息披露制 | | | 9 | 度，审阅信息披露文件及其他相关文件，并有 | 持续督导机构督促光云科技严格执行信息 | | | 充分理由确信上市公司向上海证券交易所提交 | 披露制度，审阅信息披露文件及其他相关 | | | 的文件不存在虚假记载、误导性陈述或重大遗 | 文件 | | | 漏 | | | | 对上市公司的信息披露文件及向中国证监会、 | | | | 上海证券交易所提交的其他文件进行事前审 | | | | 阅，对存在问题的信息披露文件及时督促公司 | | | | 予以更正或补充，公司不 ...

申万宏源证券承销保荐有限责任公司 关于杭州光云科技股份有限公司 （二）本次日常关联交易预计金额和类别 2025 年度日常关联交易额度预计的核查意见 1 申万宏源证券承销保荐有限责任公司（以下简称"申万宏源承销保荐"或"保 荐机构"）作为杭州光云科技股份有限公司（以下简称"光云科技"、"公司"）2022 年度以简易程序向特定对象发行股票的保荐机构，根据《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》等有关规定，对光云科技 2025 年度日常关联交易额度预计的事项进行了 审慎核查，核查意见如下： 单位：万元 一、日常关联交易基本情况 | 关联交 | 关联人 | 本次预 | 占同类业 务比例 | 本年年初 至披露日 与关联人 | 上年实际 | 占同类业 务比例 | 本次预计金额与 上年实际发生金 | | --- | --- | --- | --- | --- | --- | --- | --- | | 易类别 | | 计金额 | | 累计已发 | 发生金额 | | 额差异较大的原 | | | | | （%） | 生的交易 | | （％） | 因 | | | ...

内部控制审计报告 杭州光云科技股份有限公司 2024 年度 正明该审计报 是否由具有执业许可 您可使用手机"扫一扫"或进入"注册会计 立信会计师事务所(特殊普通合伙) DO CHINA SHU LUN PAN CERTIFIED PUBLIC ACCOUNTANTS LLP 内部控制审计报告 信会师报字[2025]第 ZF10501 号 杭州光云科技股份有限公司全体股东: 按照《企业内部控制审计指引》及中国注册会计师执业准则的相 关要求,我们审计了杭州光云科技股份有限公司(以下简称贵公司) 2024年12月31日的财务报告内部控制的有效性。 一、企业对内部控制的责任 按照《企业内部控制基本规范》、《企业内部控制应用指引》、《企 业内部控制评价指引》的规定,建立健全和有效实施内部控制,并评 价其有效性是贵公司董事会的责任。 二、注册会计师的责任 我们的责任是在实施审计工作的基础上,对财务报告内部控制的 有效性发表审计意见,并对注意到的非财务报告内部控制的重大缺陷 进行披露。 三、内部控制的固有局限性 内部控制具有固有局限性,存在不能防止和发现错报的可能性。 此外,由于情况的变化可能导致内部控制变得不恰当,或对控 ...

关于杭州光云科技股份有限公司 2021 年限制性股票激励计划部分限制性股票作废事项的 法律意见书 二〇二五年四月 北京市中伦（上海）律师事务所 关于杭州光云科技股份有限公司 北京市中伦（上海）律师事务所 1．本所律师在工作过程中，已得到光云科技的保证：即公司业已向本所律 师提供了本所律师认为制作本法律意见书所必需的原始书面材料、副本材料和口 头证言，其所提供的文件和材料是真实、完整和有效的，且无隐瞒、虚假、误导 和重大遗漏之处。 2021 年限制性股票激励计划部分限制性股票作废事项的 法律意见书 致：杭州光云科技股份有限公司 北京市中伦（上海）律师事务所（以下简称"本所"）接受杭州光云科技股 份有限公司（以下简称"光云科技"或"公司"）的委托，担任公司 2021 年限制 性股票激励计划（以下简称"2021 年激励计划"）的专项法律顾问，并就公司 2021 年激励计划部分已授予但尚未归属的限制性股票作废事项（以下简称"本次作废 事项"）出具本法律意见书。 为出具本法律意见书，本所律师审阅了《杭州光云科技股份有限公司 2021 年限制性股票激励计划（草案）》（以下简称《2021 年激励计划（草案）》）、《杭 州光 ...

杭州光云科技股份有限公司 一、独立董事的基本情况 （一）个人工作履历以及兼职情况 张大亮， 1963年出生，中国国籍，无境外永久居留权，研究生学历，毕业于浙 江大学。1984年8月入职浙江大学，历任浙江大学讲师、副教授。2003年1月至今任 职浙江大学管理学院教授，兼任安丰创业投资有限公司董事、杭州安丰私募基金管 理有限公司董事、浙江众成企业管理咨询有限公司董事、浙江京新药业股份有限公 司独立董事、永杰新材料股份有限公司独立董事。2022年7月至今担任公司独立董事。 （二）是否存在影响独立性的情况说明 作为公司的独立董事，我具备独立董事任职资格和法律法规所要求的独立性， 与公司及其主要股东、实际控制人之间不存在雇佣关系、交易关系、亲属关系等影 响独立性的情况，能够在履职中保持客观、独立的专业判断。 二、独立董事年度履职概况 （一）出席会议情况 报告期内，公司共召开6次董事会会议和2次股东大会。我出席董事会会议，不 存在无故缺席、连续两次不亲自出席会议的情况。在审议提交董事会的相关事项尤 其是重大事项时，我与公司及相关方保持密切沟通，细致研读相关资料，认真审议 2024年度独立董事述职报告 作为杭州光云科技股份 ...

杭州光云科技股份有限公司 2024年度独立董事述职报告 作为杭州光云科技股份有限公司（以下简称 "公司"）的独立董事，我严格按照 《公司法》《证券法》《上市公司独立董事管理办法》《上海证券交易所科创板股 票上市规则》等有关法律、法规、规范性文件的规定和《公司章程》《独立董事工 作制度》的要求，认真负责，忠实勤勉地履行独立董事的义务和职责，积极出席会 议，认真审议会议各项议案，切实维护公司和全体股东尤其是中小股东的合法权益， 促进公司规范运作，充分发挥了独立董事及各专门委员会的作用。现将2024年度履 行独立董事职责的情况报告如下： 一、独立董事的基本情况 （一）个人工作履历以及兼职情况 凌春华，1962年出生，中国国籍，无境外永久居留权，研究生学历，毕业于天 津大学。1985年5月至2022年3月任浙江大学管理学院副教授，2022年4月办理退休手 续，目前继续担任杭州协睿企业管理咨询有限公司董事长、上海意锐管理顾问有限 公司监事、蒲惠智造科技股份有限公司董事、上海创米数联智能科技发展股份有限 公司董事、衢州伟荣药化股份有限公司独立董事。2022年7月至今担任公司独立董事。 （二）是否存在影响独立性的情况说明 ...

作为公司的独立董事，我具备独立董事任职资格和法律法规所要求的独立性， 与公司及其主要股东、实际控制人之间不存在雇佣关系、交易关系、亲属关系等影 响独立性的情况，能够在履职中保持客观、独立的专业判断。 二、独立董事年度履职概况 （一）出席会议情况 报告期内，公司共召开6次董事会会议和2次股东大会。我出席董事会会议，不 存在无故缺席、连续两次不亲自出席会议的情况。在审议提交董事会的相关事项尤 其是重大事项时，我与公司及相关方保持密切沟通，细致研读相关资料，认真审议 每项议案，充分利用自身专业知识，结合公司运营实际，客观、独立、审慎地行使 杭州光云科技股份有限公司 2024年度独立董事述职报告 作为杭州光云科技股份有限公司（以下简称 "公司"）的独立董事，我严格按照 《公司法》《证券法》《上市公司独立董事管理办法》《上海证券交易所科创板股 票上市规则》等有关法律、法规、规范性文件的规定和《公司章程》《独立董事工 作制度》的要求，认真负责，忠实勤勉地履行独立董事的义务和职责，积极出席会 议，认真审议会议各项议案，切实维护公司和全体股东尤其是中小股东的合法权益， 促进公司规范运作，充分发挥了独立董事及各专门委员会的作用 ...

[Key Financial Data](index=1&type=section&id=I.%20Key%20Financial%20Data) In Q1 2025, the company's revenue grew **2.78%** to **CNY 115 million**, net loss narrowed, and operating cash flow significantly increased to **CNY 19.11 million** | Metric | Current Period (Q1 2025) (CNY) | Prior Year Period (Q1 2024) (CNY) | Year-over-Year Change (%) | | :--- | :--- | :--- | :--- | | Operating Revenue | 114,887,403.10 | 111,785,261.40 | 2.78% | | Net Profit Attributable to Shareholders of Listed Company | -12,950,886.07 | -14,760,748.38 | N/A | | Net Profit Attributable to Shareholders of Listed Company (Excluding Non-recurring Items) | -13,276,312.53 | -15,178,171.70 | N/A | | Net Cash Flow from Operating Activities | 19,110,029.11 | 4,285,978.40 | 345.87% | | Basic Earnings Per Share | -0.03 | -0.03 | N/A | | Total R&D Investment | 37,033,753.27 | 38,002,797.78 | -2.55% | | R&D Investment as % of Revenue | 32.23% | 34.00% | decreased by 1.76 percentage points | - Net cash flow from operating activities significantly increased by **345.87%** year-over-year, primarily driven by stable sales collection from the company's large merchant e-commerce SaaS product series, which improved and enhanced net cash flow from operations[7](index=7&type=chunk) - Total non-recurring gains and losses for the current period amounted to **CNY 325,426.46**, primarily including government grants and investment income from wealth management products[6](index=6&type=chunk)[7](index=7&type=chunk) [Shareholder Information](index=3&type=section&id=II.%20Shareholder%20Information) As of the reporting period end, the company had **17,754** common shareholders, with a stable top ten shareholder structure led by Hangzhou Guangyun Investment Co., Ltd. as the controlling shareholder and Tan Guanghua as the second largest shareholder and actual controller - As of the end of the reporting period, the company had a total of **17,754** common shareholders[9](index=9&type=chunk) | Shareholder Name | Shareholding Percentage (%) | Number of Shares Held (Shares) | | :--- | :--- | :--- | | Hangzhou Guangyun Investment Co., Ltd. | 36.24 | 154,320,840 | | Tan Guanghua | 10.25 | 43,632,810 | | Hainan Qiyu Enterprise Management Partnership (Limited Partnership) | 6.68 | 28,450,843 | | Hangzhou Huaying Investment Partnership (Limited Partnership) | 6.53 | 27,823,630 | | Hangzhou Huacai Enterprise Service Partnership (Limited Partnership) | 0.79 | 3,353,527 | - Key shareholder relationships: Tan Guanghua is the controlling shareholder and actual controller of Hangzhou Guangyun Investment Co., Ltd., and also the executive partner of Hangzhou Huaying Investment Partnership (Limited Partnership) and a limited partner of Hangzhou Huacai Enterprise Service Partnership (Limited Partnership)[11](index=11&type=chunk) [Quarterly Financial Statements](index=6&type=section&id=IV.%20Quarterly%20Financial%20Statements) These unaudited quarterly financial statements show total assets increased by **4.65%** and total liabilities by **13.64%**, with revenue slightly up, net loss narrowing, and operating cash flow significantly improving [Consolidated Balance Sheet](index=6&type=section&id=Consolidated%20Balance%20Sheet) As of March 31, 2025, total assets reached **CNY 1.678 billion**, up **4.65%**, driven by cash and accounts receivable, while total liabilities increased **13.64%** to **CNY 739 million** | Item | March 31, 2025 (CNY) | December 31, 2024 (CNY) | Change (%) | | :--- | :--- | :--- | :--- | | **Total Assets** | **1,677,748,776.56** | **1,603,256,120.23** | **4.65%** | | Cash and Cash Equivalents | 244,366,829.81 | 221,147,985.31 | 10.50% | | Accounts Receivable | 85,261,873.84 | 62,575,566.49 | 36.25% | | **Total Liabilities** | **738,534,498.20** | **649,905,474.09** | **13.64%** | | Short-term Borrowings | 186,541,237.13 | 166,433,418.34 | 12.08% | | Contract Liabilities | 236,320,250.09 | 190,476,272.01 | 24.07% | | **Total Equity Attributable to Parent Company Owners** | **944,330,448.65** | **956,250,133.87** | **-1.25%** | [Consolidated Income Statement](index=8&type=section&id=Consolidated%20Income%20Statement) In Q1 2025, total operating revenue increased **2.78%** to **CNY 115 million**, with operating costs decreasing but selling expenses rising, resulting in a narrowed net loss of **CNY 12.95 million** | Item | Q1 2025 (CNY) | Q1 2024 (CNY) | Year-over-Year Change | | :--- | :--- | :--- | :--- | | Total Operating Revenue | 114,887,403.10 | 111,785,261.40 | 2.78% | | Total Operating Costs | 132,819,682.92 | 128,839,720.58 | 3.09% | | Operating Costs | 37,796,795.02 | 40,717,237.32 | -7.17% | | Selling Expenses | 44,485,586.57 | 39,064,059.56 | 13.88% | | Research and Development Expenses | 27,238,187.77 | 27,470,450.76 | -0.85% | | Operating Profit | -14,853,529.78 | -16,898,133.91 | Loss narrowed | | Net Profit Attributable to Parent Company Shareholders | -12,950,886.07 | -14,760,748.38 | Loss narrowed | [Consolidated Cash Flow Statement](index=10&type=section&id=Consolidated%20Cash%20Flow%20Statement) In Q1 2025, net cash flow from operating activities significantly improved to **CNY 19.11 million**, while net cash outflow from investing activities decreased, and net cash inflow from financing activities increased | Item | Q1 2025 (CNY) | Q1 2024 (CNY) | | :--- | :--- | :--- | | Net Cash Flow from Operating Activities | 19,110,029.11 | 4,285,978.40 | | Net Cash Flow from Investing Activities | -28,851,136.06 | -53,872,974.33 | | Net Cash Flow from Financing Activities | 33,623,091.21 | 15,283,223.96 | | Net Increase in Cash and Cash Equivalents | 23,882,606.82 | -34,302,431.80 | | Cash and Cash Equivalents at Period End | 253,951,910.93 | 266,220,291.63 |

Financial Performance - The company reported a net profit of 100 million RMB for the fiscal year 2024, representing a 20% increase compared to the previous year[1]. - The company's operating revenue for 2024 was approximately ¥477.79 million, a slight increase of 0.49% compared to ¥475.47 million in 2023[24]. - The net profit attributable to shareholders for 2024 was a loss of approximately ¥82.05 million, compared to a loss of ¥18.45 million in 2023[24]. - The net cash flow from operating activities increased significantly by 137.06% to approximately ¥54.16 million in 2024, up from ¥22.84 million in 2023[24]. - The total assets at the end of 2024 were approximately ¥1.60 billion, reflecting a 2.27% increase from ¥1.57 billion at the end of 2023[24]. - The net assets attributable to shareholders decreased by 6.55% to approximately ¥956.25 million at the end of 2024, down from ¥1.02 billion at the end of 2023[24]. - The revenue after deducting non-core business income for 2024 was approximately ¥473.03 million, a 0.50% increase from ¥470.67 million in 2023[24]. - The company's operating revenue for the reporting period was ¥477,791,543.86, representing a year-on-year increase of 0.49%[26]. - The net profit attributable to shareholders was -¥82,046,116.44, an increase in loss of 344.77% compared to the same period last year[26]. - The basic earnings per share for 2024 was -¥0.19, compared to -¥0.04 in 2023[25]. User Growth and Market Expansion - User data showed a growth of 15% in active users, reaching 1.5 million by the end of 2024[1]. - The company is expanding its market presence in Southeast Asia, targeting a 10% market share by 2026[1]. - The company has successfully reduced operational costs by 10% through efficiency improvements and process optimizations[182]. - The company is exploring potential acquisitions to further strengthen its market position, with a focus on companies that complement its existing product lines[180]. - A new strategic partnership was announced, expected to generate an additional $20 million in revenue over the next year[181]. Research and Development - Research and development expenses increased by 30%, totaling 150 million RMB, focusing on AI and cloud technologies[1]. - The company achieved a total R&D investment of approximately 149.36 million yuan, representing a year-over-year increase of 5.01%[83]. - The proportion of R&D investment to operating revenue was 31.26%, maintaining a high level compared to industry peers[84]. - The company is focusing on enhancing its customer relationship management (CRM) capabilities through new product offerings[15]. - The company plans to increase R&D investment in mid-to-large e-commerce SaaS products and AI solutions to maintain its competitive edge[105]. Product Development and Innovation - New product launches are anticipated to contribute an additional 200 million RMB in revenue in 2025[1]. - The company is optimizing product structure and enhancing user experience through increased R&D investment[27]. - The company has launched several new SaaS products, including 快麦 ERP and 深绘美工机器人, to cater to the evolving needs of its target market[69]. - The company is integrating artificial intelligence technologies into its e-commerce SaaS products to improve operational efficiency and service quality[160]. - The company has developed advanced technologies, including real-time processing architecture for handling billions of orders, enhancing operational efficiency for merchants[77]. Financial Strategy and Governance - The board has approved a dividend distribution plan, with a proposed payout ratio of 30% of net profits[1]. - The company has established various committees, including a strategic committee and an audit committee, to enhance governance and operational management[171]. - The company has continuously improved its governance structure and compliance mechanisms to ensure sustainable development[172]. - The company has not reported any significant differences in governance compared to regulatory requirements[172]. - The total remuneration for all directors, supervisors, and senior management personnel at the end of the reporting period amounted to 4.8114 million RMB[187]. Risks and Challenges - The company has identified potential risks related to regulatory changes, which could impact future growth strategies[1]. - The company faces risks related to user demand changes and the need for continuous technological innovation and product iteration in the e-commerce SaaS industry[105]. - The company is exposed to operational risks due to reliance on major e-commerce platforms like Taobao and JD, which could impact its financial performance if fee structures change unfavorably[106]. - The company acknowledges the risk of talent loss and insufficient talent reserves, which could hinder its competitive position in the fast-evolving SaaS industry[108]. - Financial risks include potential impairment of equity investments and goodwill, as well as risks related to inventory write-downs if market conditions change unfavorably[111].

审计报告及财务报表 201 二〇二四年度 您可使用手机"扫一扫"或进入"注册会计师行业统一监管平台（http://ww 审计报告及财务报表 (2024 年 01 月 01 日至 2024 年 12 月 31 日止) | 目录 | 页次 | | --- | --- | | 审计报告 | 1-5 | | 财务报表 | | | 合并资产负债表和母公司资产负债表 | 1-4 | | 合并利润表和母公司利润表 | 5-6 | | 合并现金流量表和母公司现金流量表 | 7-8 | | 合并所有者权益变动表和母公司所有者权益变动表 | 9-12 | | 财务报表附注 | 1-111 | 立信会计师事务所(特殊普通合伙) O CHINA SHU LUN PAN CERTIFIED PUBLIC ACCOUNTANTS 审计报告 信会师报字[2025]第 ZF10500 号 杭州光云科技股份有限公司全体股东: 杭州光云科技股份有限公司 一、审计意见 我们审计了杭州光云科技股份有限公司(以下简称光云科技)财 务报表,包括 2024年 12 月 31 日的合并及母公司资产负债表,2024 年度的合并及母公司利润表、合并及母公司现金 ...