北京海润天睿律师事务所 关于江苏中信博新能源科技股份有限公司 2025 年第二次临时股东会的 法律意见书 中国·北京 朝阳区建外大街甲 14 号广播大厦 5、9、10、13、17 层 邮政编码：100022 电话(Tel)：86-10-65219696 传真(Fax)：86-10-88381869 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》《上市公司股东会规则》等有关法律法规、规范性文件及《江苏中信 博新能源科技股份有限公司章程》（以下简称《公司章程》）的规定，北京海润 天睿律师事务所接受江苏中信博新能源科技股份有限公司（以下简称公司）的委 托，指派律师出席并见证公司于 2025 年 9 月 12 日召开的 2025 年第二次临时股 东会。 二〇二五年九月 见证意见 北京海润天睿律师事务所 关于江苏中信博新能源科技股份有限公司 2025 年第二次临时股东会的 法律意见书 致：江苏中信博新能源科技股份有限公司 本法律意见书仅就本次股东会的召集和召开程序、会议召集人和出席人员资 格、会议表决程序和表决结果的合法有效性发表意见，并不对股东会所审议的议 案内容和该等议案中所表述的事 ...

证券代码：688408 证券简称：中信博 公告编号：2025-051 江苏中信博新能源科技股份有限公司 2025年第二次临时股东会决议公告 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： 本次会议是否有被否决议案：无 一、 会议召开和出席情况 （一） 股东会召开的时间：2025 年 9 月 12 日 本次股东会由公司董事会召集，董事长蔡浩先生主持，会议采用现场投票与 网络投票相结合的方式召开。本次会议的召集、召开程序及表决方式和表决程序 均符合《公司法》及《公司章程》的有关规定，会议合法有效。 （五） 公司董事和董事会秘书的出席情况 1、 公司在任董事7人，出席7人； （二） 股东会召开的地点：公司会议室 （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 | 111 | | --- | --- | | 普通股股东人数 | 111 | | 2、出席会议的股东所持有的表决权数量 | 108,444,996 | | 普通股股东所持有 ...

Company Overview - CITIC Bo's stock price decreased by 2.03% on September 12, reaching 47.66 CNY per share, with a trading volume of 140 million CNY and a turnover rate of 1.33%, resulting in a total market capitalization of 10.441 billion CNY [1] - The company, established on November 20, 2009, and listed on August 28, 2020, specializes in the research, design, production, and sales of photovoltaic brackets [1] - Main business revenue composition includes: product sales revenue 97.74%, waste sales 1.20%, construction contracts 0.77%, electricity revenue 0.18%, and service fees and others 0.11% [1] Financial Performance - For the first half of 2025, CITIC Bo achieved operating revenue of 4.037 billion CNY, representing a year-on-year growth of 19.55%, while net profit attributable to shareholders decreased by 31.79% to 158 million CNY [2] - Since its A-share listing, CITIC Bo has distributed a total of 412 million CNY in dividends, with 349 million CNY distributed over the past three years [3] Shareholder Structure - As of June 30, 2025, the number of CITIC Bo shareholders decreased by 21.44% to 11,300, while the average circulating shares per person increased by 37.79% to 19,312 shares [2] - The second-largest circulating shareholder is Hong Kong Central Clearing Limited, holding 10.0537 million shares, an increase of 5.9133 million shares from the previous period [3] - New shareholder, Qianhai Kaiyuan Public Utilities Stock, holds 2.3093 million shares, while the photovoltaic ETF reduced its holdings by 6,473 shares [3]

Core Viewpoint - The solar photovoltaic demand in Q2 2025 has rapidly increased due to domestic rush installations, leading to a recovery in revenue and gross margins for major industry chain companies. Additionally, the easing of U.S. tariffs has significantly improved profitability in the U.S. market after companies streamlined their supply chains [1] Industry Chain Summary - The revenue of the main industry chain has increased, and gross margins have generally recovered, although there is differentiation among segments and companies. The downstream battery and module prices have risen quickly due to the rush installations, while the performance of silicon materials and wafers continues to decline marginally. Overall gross margin recovery is noted, but the increase in shipment volumes has not significantly reduced overall losses in the sector [1] - In Q2 2025, the output of slurry slightly increased quarter-on-quarter, but performance was heavily impacted by costs. The introduction of low-cost metal slurry production is expected to provide significant revenue and profit growth opportunities for slurry companies. The profitability of junction boxes, frames, and solder strips has been under pressure, while overseas production capacity for frames has shown strong contributions. Glass and film prices and profits have recovered due to domestic rush installations, with strong demand for centralized inverters and energy storage systems [2] Financial Outlook - The financial statements for Q3 2025 are expected to show further recovery, with a focus on the progress of reducing internal competition. Since July, the price of silicon materials has risen significantly, and downstream silicon wafers and battery modules have experienced varying degrees of price adjustments. The overall profit and operating cash flow for the sector are anticipated to improve further in Q3 2025, although the performance of the module segment may face some pressure quarter-on-quarter. Glass and film prices are expected to gradually rise above the production cost line of second-tier leading companies [3] Recommended Companies - Recommended companies include: - Silicon material segment: Tongwei Co., Ltd. (600438.SH) - High-efficiency module leader: JinkoSolar (688233.SH) - New technology BC and slurry: Dike Co., Ltd. (300842.SZ), Juhe Materials (688503.SH) - Racking: CITIC Bo (688408.SH) - Glass: Xinyi Solar (00968), Flat Glass (601865.SH) - Inverters and energy storage: Deye Technology (605117.SH), Jinlang Technology (300763.SZ), Shangneng Electric (300827.SZ), Canadian Solar (688472.SH) [4]

Investment Rating - The report maintains a "Buy" rating for the company, indicating an expected investment return exceeding the market benchmark by more than 15% over the next 6-12 months [9]. Core Views - In H1 2025, the company achieved a net profit attributable to shareholders of 158 million yuan, a year-on-year decrease of 31.79%, while revenue reached 4.037 billion yuan, reflecting a year-on-year growth of 19.55% [6]. - The company's gross profit margin has declined due to an increase in the proportion of lower-margin fixed brackets in its sales mix, with fixed bracket revenue rising to 999.8 million yuan, accounting for 24.76% of the bracket business revenue [7]. - As of H1 2025, the company has a backlog of orders worth 7.29 billion yuan, with 5.89 billion yuan attributed to tracking brackets, solidifying its position as the second-largest global player in this segment [8]. Financial Performance Summary - The company is projected to achieve revenues of 9.35 billion yuan, 10.33 billion yuan, and 11.59 billion yuan for the years 2025, 2026, and 2027, respectively, with year-on-year growth rates of 3.6%, 10.5%, and 12.2% [9]. - The net profit attributable to shareholders is expected to be 710 million yuan, 830 million yuan, and 1.17 billion yuan for the same years, with year-on-year growth rates of 13.0%, 15.8%, and 41.7% [9]. - The company's gross margin is projected to be 18.3% in 2025, decreasing to 17.5% in 2026 and remaining at 17.5% in 2027 [11].

Group 1 - The company is holding its second extraordinary general meeting of shareholders on September 12, 2025, to ensure the rights of all shareholders and maintain order during the meeting [1][3] - The meeting will include a combination of on-site and online voting, with results to be announced after the voting process [2][3] - Shareholders and their representatives have the right to speak, inquire, and vote during the meeting, but must adhere to the established rules and procedures [2][3] Group 2 - The company plans to terminate certain fundraising projects and allocate the remaining funds to new projects, specifically reallocating 68.2 million yuan to the "Changzhou Production Base Automation Upgrade Project" [6][7] - The decision to terminate these projects is based on changes in market conditions and the company's operational strategy, ensuring compliance with relevant laws and regulations [6][7] - The company will ensure the legal and effective use of the remaining funds and will not engage in related party transactions regarding this change in fundraising usage [7]

Core Viewpoint - The report outlines the continuous supervision and guidance provided by Guotou Securities for Jiangsu Zhongxinbo New Energy Technology Co., Ltd. during its A-share issuance, emphasizing compliance with regulations and the company's operational integrity [1][2]. Continuous Supervision Work - Guotou Securities has established a comprehensive supervision system and signed a continuous supervision agreement with Zhongxinbo, detailing rights and obligations during the supervision period [1]. - The supervision includes regular communication, site inspections, and due diligence to ensure compliance with laws and regulations [1][2]. - The report highlights that no violations or breaches of commitments have been reported during the supervision period [2][3]. Financial Performance - For the first half of 2025, Zhongxinbo reported a revenue of CNY 403.65 million, a 19.55% increase from the previous year, while net profit attributable to shareholders decreased by 31.79% to CNY 15.78 million [5][6]. - The company's total assets were CNY 985.55 million, showing a slight decrease of 0.68% compared to the previous year [5]. - The basic earnings per share dropped by 57.56% to CNY 0.73, and the return on equity decreased by 4.3 percentage points to 3.61% [5][6]. Research and Development - Zhongxinbo increased its R&D expenditure by 35.07% to CNY 10.27 million, representing 2.54% of its revenue, indicating a focus on innovation [6][7]. - The company has a strong R&D team of 343 members, with 765 intellectual property rights, including 119 invention patents [6][7]. Market Position and Strategy - Zhongxinbo ranks second globally in the solar PV tracker market, according to Wood Mackenzie, solidifying its position as a leading player in the sector [7]. - The company is committed to a global strategy, enhancing its supply chain and expanding its market presence in Asia-Pacific and the Middle East [7]. Risk Factors - The company faces risks related to performance volatility due to global trade policies, competition, and macroeconomic uncertainties [3][4]. - Exchange rate fluctuations and international logistics challenges are also identified as potential risks impacting the company's operations [3][4].

国投证券股份有限公司 关于江苏中信博新能源科技股份有限公司 2025 年半年度度持续督导跟踪报告 根据《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》等有关法律、法规的规定，国投证券股份有限公司（以下简称 "国投证券"或"保荐机构"）作为江苏中信博新能源科技股份有限公司（以下 简称"中信博"或"公司"）2022年度向特定对象发行A股股票的保荐机构，负 责中信博的持续督导工作，并出具本持续督导跟踪报告。 | 序号 | 工作内容 | 持续督导情况 | | --- | --- | --- | | 1 | 建立健全并有效执行持续督导工作制度， 并针对具体的持续督导工作制定相应的 | 保荐机构已建立健全并有效执行了持续 | | | | 督导工作制度，并制定了相应的工作计划 | | | 工作计划 | | | 2 | 根据中国证监会相关规定，在持续督导工 | 保荐机构已与公司签订保荐协议，约定了 | | | 作开始前，与上市公司或相关当事人签署 | 保荐机构在持续督导期内，持续督导公司 | | | 持续督导协议，明确双方在持续督导期间 | 规范运作、信守承诺和信息披露等义务， | | | 的 ...

2025 年第二次临时股东会会议材料 2 证券简称：中信博 证券代码：688408 江苏中信博新能源科技股份有限公司 2025 年第二次临时股东会 会议资料 二零二五年九月十二日 1 2025 年第二次临时股东会会议材料 目录 | 2025 | 年第二次临时股东会会议须知 | 3 | | --- | --- | --- | | 2025 | 年第二次临时股东会会议议程 | 5 | | 议案一 | 关于终止部分募投项目并将部分剩余募集资金用于新项目的议案 | 6 | 2025 年第二次临时股东会会议材料 2025 年第二次临时股东会会议须知 为了维护全体股东的合法权益，确保股东会的正常秩序和议事效率，保证会 议的顺利进行，根据《中华人民共和国公司法》《中华人民共和国证券法》《上市 公司股东会规则》以及《公司章程》《股东会议事规则》等相关规定，特制定 2025 年第二次临时股东会会议须知。 一、为确认出席会议的股东或其代理人或其他出席者的出席资格，会议工作 人员将对出席会议者的身份进行必要的核对工作，请被核对者给予配合。 二、为保证本次会议的严肃性和正常秩序，切实维护股东的合法权益，请出 席会议的股东或其代理人或 ...

2025年4月15日，中信博第三届董事会第二十四次会议通过《关于以集中竞价交易方式回购公司股份方 案的议案》。公司计划使用自有资金和/或回购专项贷款资金（上海浦东发展银行苏州分行提供不超 9000万元回购专项贷款），以集中竞价交易方式回购股份。回购股份将用于员工持股计划或股权激励， 回购价格不超80元/股（含），回购资金总额不低于7000万元（含）且不超10000万元（含），回购期限 自董事会审议通过方案之日起12个月内。 2025年6月26日，公司完成2024年年度权益分派，按规定将回购股份价格上限由80元/股（含）调整为 79.01元/股（含）。 登录新浪财经APP 搜索【信披】查看更多考评等级 中信博于2025年9月3日发布关于以集中竞价交易方式回购公司股份的进展公告，披露截至8月31日的回 购情况。 回购方案回顾 最新回购进展 截至2025年8月31日，中信博通过上海证券交易所交易系统以集中竞价交易方式已累计回购公司股份 1,751,370股，占公司总股本219,065,886股的比例为0.7995% 。回购成交最高价为52.00元/股，最低价为 45.11元/股，成交总金额为85,273,676.2 ...