北京德恒律师事务所 关于有研半导体硅材料股份公司 2025 年第二次临时股东会的 法律意见 北京市西城区金融街 19 号富凯大厦 B 座 12 层 电话:010-52682888 传真:010-52682999 邮编:100033 北京德恒律师事务所 关于有研半导体硅材料股份公司 2025 年第二次临时股东会的法律意见 北京德恒律师事务所 关于有研半导体硅材料股份公司 2025年第二次临时股东会的 北京德恒律师事务所 DeHeng Law Offices 法律意见 德恒 01G20250167-3 号 致:有研半导体硅材料股份公司 有研半导体硅材料股份公司(以下简称"公司")2025年第二次临时股东会 (以下简称"本次会议")于2025年9月1日(星期一)召开。北京德恒律师 事务所(以下简称"德恒")受公司委托,指派黄卓颖、赵明宝律师(以下简称 "德恒律师")出席了本次会议。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》")、中国证 券监督管理委员会《上市公司股东会规则》(以下简称"《股东会规则》")、 《有研半导体硅材料股份公司章程》(以下简称"《公 ...

证券代码：688432 证券简称：有研硅 公告编号：2025-032 有研半导体硅材料股份公司 （一） 股东会召开的时间：2025 年 9 月 1 日 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 2025年第二次临时股东会决议公告 （四） 表决方式是否符合《公司法》及公司章程的规定，股东会主持情况等。 本次股东会由公司董事会召集并发布公告通知，由公司董事长方永义先生主 持。会议表决方式为现场和网络投票相结合，本次会议的召集与召开程序、出席 会议人员资格及表决程序符合《公司法》及《公司章程》的规定。 （二） 股东会召开的地点：北京市西城区新街口外大街 2 号有研大厦 （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： （五） 公司董事、监事和董事会秘书的出席情况 | 1、出席会议的股东和代理人人数 | 158 | | --- | --- | | 普通股股东人数 | 158 | | 2、出席会议的股东所持有的 ...

中信证券股份有限公司 关于有研半导体硅材料股份公司 2025 年半年度持续督导跟踪报告 中信证券股份有限公司（以下简称"中信证券"或"保荐人"）作为有研半 导体硅材料股份公司（以下简称"有研硅"或"公司"或"上市公司"）首次公 开发行股票并在科创板上市的保荐人，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》等相关规定，中信证券履行持续督导职 责，并出具本持续督导半年度跟踪报告。 一、持续督导工作概述 1、保荐人制定了持续督导工作制度，制定了相应的工作计划，明确了现场 检查的工作要求。 2、保荐人已与公司签订保荐协议，该协议已明确了双方在持续督导期间的 权利义务，并报上海证券交易所备案。 3、本持续督导期间，保荐人通过与公司的日常沟通、现场回访等方式开展 持续督导工作，并于 2025 年 8 月 20 日对公司进行了现场检查。 4、本持续督导期间，保荐人根据相关法规和规范性文件的要求履行持续督 导职责，具体内容包括： （1）查阅公司章程、三会议事规则等公司治理制度、三会会议材料； （2）查阅公司财务管理、会计核算和内部审计等内部控制制度； （3）查阅公司与控股股东、实际控制人及其关 ...

Core Insights - The semiconductor industry is experiencing a surge in mergers and acquisitions (M&A), driven by policy incentives and technological integration needs, with 139 M&A events reported by August 28, 2025, compared to 115 in the same period of 2024, marking a growth of 24 events [3][4] - The M&A activities are characterized by "strong alliances" and "curved listings," focusing on equipment, materials, and design sectors, particularly in etching equipment, photoresists, and silicon carbide [3][4] Policy Empowerment - Policies such as the "315 New Policy," "National Nine Articles," and "M&A Six Articles" have significantly lowered barriers for M&A, providing strong support for equity investment and restructuring in the semiconductor sector [4][5] - Local governments, like Shanghai, have established funds and action plans to support M&A, enhancing capital market attention towards the semiconductor sector [5][6] Market Dynamics - The active M&A market is expected to lead to larger-scale transactions, with significant capital flow enhancing market vibrancy [5] - The integration of various financing tools and support from financial institutions is facilitating M&A activities, allowing for resource optimization and enhanced core competitiveness [6][10] Challenges and Risks - There have been 7 failed M&A cases in the semiconductor sector this year, primarily due to valuation bubbles, insufficient synergy, and high technical integration difficulties [7][8] - The performance pressure on both acquirers and targets is evident, with many companies facing declining profits amid high inventory levels in the global semiconductor market [8][9] Future Trends - Future M&A activities in the semiconductor industry are expected to shift from horizontal integration to ecosystem mergers, with a focus on cross-border acquisitions and value creation rather than mere scale expansion [13][14] - The emphasis will be on deep integration around strategic emerging technologies and building a complete industrial ecosystem, moving beyond simple chip design or manufacturing [14]

Group 1 - The company will hold its second extraordinary general meeting of shareholders in 2025 on September 1 at 13:30 in Beijing [4] - The meeting will combine on-site and online voting methods for decision-making [3][4] - Shareholders and their representatives have the right to speak, inquire, and vote during the meeting [2][3] Group 2 - The agenda includes the proposal to cancel the supervisory board and amend the company's articles of association [4][5] - The proposed amendments will allow the audit committee of the board to assume the responsibilities previously held by the supervisory board [4][5] - The company will ensure that all shareholders are treated equally and will not provide gifts or arrange accommodations for attendees [4][5] Group 3 - The meeting will require attendees to register and verify their identity to maintain order and protect shareholder rights [1][2] - The voting process will consider any unfilled or incorrectly filled ballots as abstentions [3] - Legal representatives will witness the meeting and provide legal opinions on the proceedings [3][4]

有研半导体硅材料股份公司 2025 年第二次临时股东会会议资料 有 研 半 导 体 硅 材 料 股 份 公 司 2025 年第二次临时股东会会议资料 股票简称：有研硅 股票代码：688432 2025 年 9 月 有研半导体硅材料股份公司 2025 年第二次临时股东会会议资料 有研半导体硅材料股份公司 会议资料目录 三、会议议案 1、议案一：《关于公司取消监事会、修订<公司章程>并办理工商变更登记 的议案》 1 一、股东会须知 二、会议议程 2、议案二：《关于制定和修订部分公司治理制度的议案》 3、议案三：《关于补选公司第二届董事会独立董事的议案》 4、议案四：《关于使用部分超募资金新建募集资金投资项目的议案》 有研半导体硅材料股份公司 2025 年第二次临时股东会会议资料 2025 年第二次临时股东会须知 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，保证大 会的顺利进行，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《有研半导体硅材料股份公司章程》《有研半导体硅材 料股份公司股东会议事规则》的相关规定，特制定 2025 年第二次临时股东会会 议须知： 一、为 ...

Core Viewpoint - The financial performance of Youyan Silicon in the first half of 2025 shows a decline in revenue and profit, reflecting ongoing challenges in the semiconductor materials industry due to increased competition and market demand fluctuations [1][5]. Financial Performance - In the first half of 2025, Youyan Silicon reported revenue of 491 million RMB, a decrease of 3.2% year-on-year [2]. - The net profit attributable to shareholders was 106 million RMB, down 18.7% compared to the same period last year [1][2]. - The net profit after deducting non-recurring gains and losses was 73.6 million RMB, a decline of 19.5% year-on-year [2]. - For the second quarter of 2025, revenue was 260 million RMB, a 4.5% decrease year-on-year, with net profit falling to 56.9 million RMB, down 23.1% [1][2]. Industry Context - The semiconductor materials industry is experiencing a slowdown, with increased competition leading to price pressures from downstream semiconductor device manufacturers [5]. - The market is seeing a structural divide, with strong demand for storage and logic chips driven by AI technology, while the power semiconductor sector faces challenges due to weak demand in automotive electronics and industrial markets [5][6]. - Youyan Silicon's main product, 8-inch silicon wafers, saw a significant sales increase of 60% year-on-year, yet profits continue to decline due to market conditions [4][5]. Strategic Moves - In response to industry challenges, Youyan Silicon acquired a 70% stake in Japanese company DG Technologies to enhance its semiconductor core component processing technology [8]. - The company announced an investment of 48.33 million RMB to develop an 8-inch zone melting silicon single crystal project, aiming to enter the high-voltage power device market [8].

Group 1 - The company has issued a correction notice regarding the second extraordinary general meeting of shareholders scheduled for September 1, 2025, at 13:30 [1] - The original announcement was made on August 14, 2025, and the correction pertains to the proxy voting section [1] - The company expresses apologies for any inconvenience caused to investors due to the correction [1] Group 2 - The equity registration date for shareholders remains unchanged [2] - The meeting will be held at the company's headquarters located at 2 Xinjiekou Outer Street, Xicheng District, Beijing [1] - Voting will be conducted through the Shanghai Stock Exchange's online voting system, with specific time slots for trading system voting and internet voting [1]

证券代码：688432 证券简称：有研硅 公告编号：2025-031 有研半导体硅材料股份公司 关于2025年第二次临时股东会通知的更正补充公告 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。 一、 股东会有关情况 有研半导体硅材料股份公司于 2025 年 8 月 14 日在上海证券交易所网站 （www.sse.com.cn）披露了《关于召开 2025 年第二次临时股东会的通知》（公告 编号：2025-030），现就原公告中更正部分说明如下： 1. 更正前： "二、会议审议事项及附件 1：授权委托书部分 2.05 对外担保管理制度 4. 关于使用部分超募资金新建募集资金投资项目的公告" 2.更正后： 1. 原股东会的类型和届次： 2025年第二次临时股东会 | 股份类别 | 股票代码 | 股票简称 | 股权登记日 | | --- | --- | --- | --- | | A 股 | 688432 | 有研硅 | 2025/8/25 | 二、 更正补充事项涉及的具体内容和原因 "二、会议审议事项及附件 1：授权委托书部分 2 ...

Financial Performance - The company's operating revenue for the first half of the year was 490.91 million, a decrease of 3.20% compared to the same period last year [1] - The total profit for the period was 150.27 million, down 10.70% year-on-year [1] - The net profit attributable to shareholders was 106.03 million, representing an 18.74% decline compared to the previous year [1] - The net profit excluding non-recurring gains and losses was 73.57 million, a decrease of 19.47% year-on-year [1] - The basic earnings per share were 0.09 [1] Profitability Metrics - The gross profit margin for the first half of 2025 was 39.98%, an increase of 5.16 percentage points year-on-year [2] - The net profit margin was 25.49%, a decrease of 3.75 percentage points compared to the same period last year [2] Expense Analysis - The company's period expenses amounted to 68.94 million, an increase of 1.70 million compared to the previous year [2] - The period expense ratio was 14.04%, up 3.79 percentage points year-on-year [2] - Sales expenses increased by 7.14%, management expenses rose by 47.90%, R&D expenses grew by 2.64%, and financial expenses surged by 60.44% [2] Company Overview - The current chairman of the company is Fang Yongyi, who has held various leadership positions in related companies since 2010 [3] - The company reported an operating revenue of 996 million for 2024, a year-on-year increase of 3.70% [3] - The net profit attributable to shareholders for 2024 was 233 million, a decrease of 8.37% compared to the previous year [3] - The company specializes in the research, production, and sales of semiconductor materials [3]