上海复旦微电子集团股份有限公司 股东会议事规则 第一章 总 则 1 股东的合法权益。 第一条 为了进一步规范上海复旦微电子集团股份有限公司（以下简称"公 司"）行为，保障公司股东会能够依法行使职权，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》（以下简称"《证券法》"）、《上市公司治理准则》、《香港联 合交易所有限公司证券上市规则》（以下简称"《香港上市规则》"） 及《上海证券交易所科创板股票上市规则》等上海证券交易所相 关上市规则及其他法律法规、规范性文件以及《上海复旦微电子 集团股份有限公司章程》（以下简称"公司章程"）等规定，制订 本《上海复旦微电子集团股份有限公司股东会议事规则》（以下简 称"本议事规则"）。 第二条 本议事规则适用于公司股东会，对公司、全体股东、股东代理人、 公司董事、总经理及其他高级管理人员和列席股东会会议的其他 有关人员均具有约束力。 第三条 公司董事会应严格遵守相关法律法规、公司章程、上海证券交易 所相关上市规则、《香港上市规则》关于召开股东会的各项规定， 认真按时组织好股东会。公司全体董事对股东会的正常召开负有 诚信责任，公司董事会应当切 ...

上海復旦微電子集團股份有限公司 董事會薪酬與考核委員會工作細則 第一章 總則 （一）研究董事和高級管理人員的考核標準，進行考核並提出建 第三章 職責權限 1 第一条 爲進一步建立健全上海復旦微電子集團股份有限公司（以下簡稱 "公司"）董事及高級管理人員的薪酬和考核管理制度，完善公司 法人治理結構，根據《中華人民共和國公司法》《香港聯合交易所 有限公司證券上市規則》（以下簡稱"《香港上市規則》"）《上海 證券交易所科創板股票上市規則》等上海證券交易所相關上市規則 及其他法律法規、規範性文件以及《上海復旦微電子集團股份有限 公司章程》（以下簡稱"公司章程"）的相關規定和要求，公司特 設立董事會薪酬與考核委員會（以下簡稱"薪酬與考核委員 會"），並制定本工作細則。 第二条 薪酬與考核委員會是董事會下設的專門工作機構，主要負責研究制 定和審查公司董事及高級管理人員的薪酬政策和方案；負責研究公 司董事及高級管理人員的考核標準，並進行考核。 第三条 本工作細則所稱董事是指在本公司領取薪酬的董事；高級管理人員 是指董事會聘任的總經理、副總經理、財務總監、董事會秘書及公 司章程規定的其他高級管理人員。 第二章 人員組成 2 ...

董事會審計委員會工作細則 第一章 總則 (一) 監督及評估外部審計工作，提議聘請或者更換外部審計機 構； 上海復旦微電子集團股份有限公司 (二) 監督及評估內部審計工作，負責內部審計與外部審計的協 調； 1 第一条 爲强化上海復旦微電子集團股份有限公司（以下簡稱"公司"） 董事會决策功能，做到事前審計、專業審計，確保董事會對管理 層的有效監督，完善公司治理結構，根據《中華人民共和國公司 法》《上市公司治理準則》《香港聯合交易所有限公司證券上市 規則》（以下簡稱"《香港上市規則》"）上海證券交易所相關 上市規則及其他法律法規、規範性文件以及《上海復旦微電子集 團股份有限公司章程》（以下簡稱"公司章程"）的相關規定和 要求，公司特設立董事會審計委員會（以下簡稱"審計委員 會"），並制定本工作細則。 第二条 審計委員會是董事會下設的專門工作機構，審計委員會的主要職 責包括： (三) 審核公司的財務信息及其披露； (四) 監督及評估公司的內部控制； (五) 行使《公司法》規定的監事會的職權； (六) 負責法律法規、《香港上市規則》、公司章程和董事會授權 的其他事項。 第二章 人員組成 2 第三条 審計委員會成員由 3 ...

上海復旦微電子集團股份有限公司 第二章 人員組成 1 第一条 爲規範上海復旦微電子集團股份有限公司（以下簡稱"公司"）董 事及高級管理人員的産生，優化董事會組成，完善公司法人治理結 構，根據《中華人民共和國公司法》、《香港聯合交易所有限公司證 券上市規則》（以下簡稱"《香港上市規則》"）《上海證券交易所 科創板股票上市規則》等上海證券交易所相關上市規則及其他法律 法規、規範性文件以及《上海復旦微電子集團股份有限公司章程》 （以下簡稱"公司章程"）的相關規定和要求，公司特設立董事會 提名委員會（以下簡稱"提名委員會"），並制定本工作細則。 第二条 提名委員會是董事會下設的專門工作機構，主要負責研究並制定公 司董事、高級管理人員的選擇標準和程序，並對公司董事、高級管 理人員的人選進行審查並提出建議。 第三条 提名委員會成員由三名董事組成，其中獨立董事佔多數。提名委員 會的成員至少有一名不同性別的董事。 第四条 提名委員會委員由董事長、二分之一以上獨立董事或者全體董事的 三分之一以上提名，並由董事會選舉産生。 第五条 提名委員會設召集人一名，由獨立董事委員擔任，負責主持委員會 工作；召集人由董事會選舉産生。 第三章 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不負責，對其 準確性或完整性亦不發表任何聲明，並明確表示概不就因本公告全部或任何部份內容而 產生或因倚賴該等內容而引致之任何損失承擔任何責任。 上海復旦微電子集團股份有限公司 Shanghai Fudan Microelectronics Group Company Limited* ( 在 中 華 人 民 共 和 國 註 冊 成 立 的 股 份 有 限 公 司 ) (股 份 編號: 1385) 取消監事會; 建議修訂公司章程及採納新公司章程; 及 修訂相關議事規則及若干公司制度 1 修訂相關議事規則及若干公司制度 根據中國《公司法》、《證券法》、《上海證券交易所科創板股票上市規則》、《上市公司獨 立董事管理辦法》、《上海證券交易所科創板上市公司自律監管指引第1號—規範運作》 等相關法律、法規、規範性文件的規定，爲進一步完善本公司治理結構，促進本公司規 範運作，結合本公司的實際情况，本公司擬對部分治理制度進行修訂和制定，其中《募 集資金管理制度》、《關聯交易管理制度》、《對外投資管理制度》、《對外擔保管理制度》、 《股東會議事規則》、《董事會議事 ...

Core Viewpoint - The semiconductor stocks continue their recent upward trend, with notable increases in share prices for several companies in the sector [1] Group 1: Company Performance - Shanghai Fudan (01385.HK) increased by 4.71%, reaching HKD 43.6 [1] - Huahong Semiconductor (01347.HK) rose by 3.12%, trading at HKD 89.2 [1] - Hongguang Semiconductor (06908.HK) saw a gain of 1.92%, priced at HKD 0.53 [1] - SMIC (00981.HK) experienced a 1.75% increase, with shares at HKD 84.25 [1]

Investment Rating - The report maintains a "Positive" investment rating for the military industry [2] Core Insights - The report emphasizes the timely achievement of the centenary goal of building a strong military, highlighting the modernization of national defense and military capabilities [13] - It identifies three dimensions—defense budget, military trade, and military-civilian integration—as key areas for growth in the military industry, indicating that the sector still has significant growth potential [20] - The report outlines a new "three-step" strategy for national defense and military modernization, aiming for substantial advancements by 2035 and a world-class military by the mid-21st century [17] Summary by Sections Section 1: National Defense and Military Goals - The Fourth Plenary Session of the 20th Central Committee emphasizes achieving the centenary goal of building a strong military and advancing military modernization [13] - The session outlines a strategic framework for military development, focusing on political, reform, technological, and talent-driven advancements [13] Section 2: Defense Budget and Military Trade - China's defense budget for 2025 is projected at 1.7847 trillion yuan, with a growth rate of 7.2%, which is higher than the GDP growth target [23] - The report notes that China's defense spending as a percentage of GDP has room to grow, with a current ratio lower than that of major Western countries [23][25] - China's military trade share in the global market is approximately 6%, with potential for significant growth if it reaches 10%-20% [28] Section 3: Military-Civilian Integration - The report highlights the commercial aviation sector's potential for growth, estimating that the domestic commercial aircraft market could be 2.5 times the current military aircraft market [33] - It discusses the expected growth in the commercial aerospace sector, driven by advancements in satellite technology and the establishment of large satellite constellations [39] Section 4: Space Industry Development - The Fourth Plenary Session calls for accelerated construction of a strong aerospace nation, with significant investments in commercial space initiatives [39] - The report details plans for multiple large-scale satellite constellations, with significant deployment milestones set for 2025, 2027, and 2030 [52][48] Section 5: Investment Strategy for the Military Industry - The report suggests a focus on companies that enhance product capabilities, market penetration, and customer pricing as key investment targets [71] - It emphasizes the importance of selecting stocks based on their potential for growth in the context of military modernization and technological advancements [71]

Group 1 - The user base of generative AI in China is rapidly increasing, expected to reach 515 million by June 2025, doubling in six months with a penetration rate of 36.5% [1] - The usage of Doubao large model tokens surged from 120 billion in May 2024 to over 30 trillion by September 2025, marking a 253-fold increase [1] - The policy support for computing power and data is advancing, with over 50 standards to be revised or established by 2027 to enhance the computing power standard system [1] Group 2 - The domestic AI ecosystem is continuously improving, with the AI industry chain accelerating, indicating a potential spiral growth in large models, computing power, and applications [2] - As of October 22, 2025, the CSI Artificial Intelligence Theme Index accounted for 6.3% of the total A-share trading volume, showing a recovery in trading density [2] - The CSI Artificial Intelligence Theme Index (930713) rose by 2.63% on October 24, 2025, with significant gains in constituent stocks such as Huida Technology (up 10.00%) and Beijing Junzheng (up 7.11%) [2] Group 3 - The AI Artificial Intelligence ETF has the lowest management fee of 0.15% and a custody fee of 0.05% among comparable funds [3] - As of October 23, 2025, the AI Artificial Intelligence ETF had a tracking error of 0.009% over the past three months, the highest tracking accuracy among comparable funds [3] - The CSI Artificial Intelligence Theme Index includes 50 listed companies that provide essential resources, technology, and application support for AI, with the top ten stocks accounting for 61.36% of the index [3] Group 4 - The top ten weighted stocks in the CSI Artificial Intelligence Theme Index include companies like Xinyi Sheng (6.52%), Zhongji Xuchuang (6.71%), and Hanwujing (6.45%), reflecting their significant influence on the index [5] - The AI Artificial Intelligence ETF is connected to various fund classes, enhancing its accessibility to investors [5]

Core Insights - The technology sector, particularly the domestic AI industry chain, is experiencing significant growth, with the Sci-Tech Innovation Artificial Intelligence ETF (589520) seeing a jump of over 2.8% in intraday trading, currently up by 2.66% [1] - Key stocks driving this growth include Lanke Technology, which rose over 5%, and other companies like Hengxuan Technology and Hongsoft Technology, which increased by more than 4% [1] Policy and Market Trends - A recent major conference has highlighted the importance of high-quality development and the acceleration of self-reliance in technology, which is expected to be a central theme in upcoming policies [2] - The urgency for domestic computing power replacement is increasing due to U.S. restrictions on advanced chip exports to China, with expectations for continued breakthroughs in domestic computing capabilities [3] Investment Highlights - The Sci-Tech Innovation Artificial Intelligence ETF (589520) and its linked funds are positioned to benefit from several key factors: 1. Policy support is igniting AI growth, with the sector expected to lead the current market rally [4] 2. The focus on domestic alternatives and self-control in technology is becoming increasingly important amid rising tech tensions [4] 3. The ETF offers high elasticity with a 20% price fluctuation limit, allowing for efficient investment during market surges [4] Top Holdings - As of September 30, 2025, the top ten holdings of the Sci-Tech Innovation Artificial Intelligence Index account for over 71.90% of the total weight, with the semiconductor sector being the largest, comprising 52.6% [5]

Group 1 - The semiconductor sector in Hong Kong is experiencing a strong performance, with notable gains in stock prices [1] - Shanghai Fudan has seen an increase of over 8%, while SMIC has risen by more than 5% [1] - Other companies in the sector, such as Huahong Semiconductor and Hongguang Semiconductor, are also witnessing upward trends [1]