贵州振华风光半导体股份有限公司 关于召开 2024 年度暨 2025 年第一季度业绩 暨现金分红说明会的公告 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。 会议召开时间：2025年4月30日 (星期三)上午10:00-11:00 会 议 召 开 地 点 ： 上 海 证 券 交 易 所 上 证 路 演 中 心 ( 网 址 ： http://roadshow.sseinfo.com/) 会议召开方式：上证路演中心图文展示和网络文字互动问答 投资者可于2025年4月24日(星期四)至4月29日(星期二)16:00前登录上 证路演中心网站首页点击"提问预征集"栏目或通过公司邮箱irm@semifg.com 进行提问。公司将在说明会上对投资者普遍关注的问题进行回答。 贵州振华风光半导体股份有限公司 (以下简称"公司")将于 2025 年 4 月 26 日发布公司 2024 年年度报告、2025 年第一季度报告和公司 2024 年年度利润 分配预案的公告。 为便于广大投资者更加全面深入地了解公司 2024 年度和 2025 年第一季 ...

Core Viewpoint - The military electronics sector has experienced a significant decline, with multiple stocks dropping over 5% [1] Group 1 - Torch Electronics, Zhenhua Wind Power, Zhenhua Technology, Hongda Electronics, and Hongyuan Electronics all saw declines exceeding 5% [1] - Other companies such as Zhimingda, Aerospace Electric, Ruichuang Micro-Nano, and Mengsheng Electronics also followed the downward trend [1]

振华风光现6笔大宗交易 总成交金额1.17亿元 振华风光3月18日大宗交易平台共发生6笔成交，合计成交量206.84万股，成交金额1.17亿元。成交价格 均为56.52元，相对今日收盘价折价14.17%。从参与大宗交易营业部来看，机构专用席位共出现在3笔成 交的买方或卖方营业部中，合计成交金额为1.03亿元，净买入1.03亿元。 进一步统计，近3个月内该股累计发生26笔大宗交易，合计成交金额为1.93亿元。 证券时报·数据宝统计显示，振华风光今日收盘价为65.85元，下跌1.33%，日换手率为2.48%，成交额为 1.89亿元，全天主力资金净流出886.08万元，近5日该股累计下跌3.53%，近5日资金合计净流出9162.56 万元。 两融数据显示，该股最新融资余额为2.62亿元，近5日减少5197.21万元，降幅为16.54%。（数据宝） 3月18日振华风光大宗交易一览 | 成交量 （万 | 成交金额 | 成交价 格 | 相对当日收盘 | 买方营业部 | 卖方营业部 | | --- | --- | --- | --- | --- | --- | | 股） | （万元） | （元） | 折溢价（%） | | ...

Investment Rating - The report does not explicitly state an investment rating for the semiconductor industry or the specific company being analyzed [1]. Core Insights - The company is focusing on high-reliability integrated circuits and is experiencing a recovery in order status due to national policy adjustments and project initiations [17][19]. - The company has made significant advancements in technology innovation, particularly in radiation-resistant technology and RF microwave power amplifier digital pre-distortion algorithms [18]. - The market outlook for 2025 is optimistic, with expectations of demand recovery and structural optimization in the high-reliability special fields, which are considered strategic industries for national security [19]. Summary by Sections 1. Basic Research Information - The research was conducted on February 28, 2025, focusing on the semiconductor industry, with participation from major securities firms [13]. 2. Detailed Research Institutions - The research involved institutions such as Guotai Junan Securities, China Galaxy Securities, and China International Capital Corporation [14]. 3. Research Institution Proportion - The report does not provide specific data on the proportion of research institutions involved [16]. 4. Main Content Information - The company has implemented management innovations by restructuring its management system and integrating various operational aspects [17]. - The company is currently involved in packaging and testing services for AI chips but has not yet developed AI chips [17]. - The company is accelerating its layout in emerging markets such as low-altitude economy, low-orbit satellites, humanoid robots, commercial aerospace, and automotive electronics [18]. - The company has established a specialized technical service team to enhance user trust and develop new customers while maintaining existing ones [18].

Financial Performance - Total revenue for 2024 was CNY 106,310.74 million, a decrease of 18.04% compared to the previous year[3] - Net profit attributable to shareholders was CNY 32,253.77 million, down 47.18% year-on-year[3] - Basic earnings per share decreased to CNY 1.6127, a decline of 47.18% from the previous year[3] - The weighted average return on net assets decreased by 7 percentage points to 6.71% due to a significant drop in net profit[3][7] Assets and Equity - Total assets at the end of the reporting period were CNY 548,218.92 million, an increase of 2.27% from the beginning of the period[6] - Shareholders' equity attributable to the parent company rose to CNY 492,555.07 million, up 4.16% from the start of the period[6] Market and Product Development - The company launched and iterated dozens of new products during the reporting period to adapt to market changes[5] - The company is focusing on enhancing its R&D capabilities and has introduced multiple new products, although bulk orders have not yet materialized[7] Risk Management and Challenges - The decline in performance was primarily attributed to decreased demand in the domestic special integrated circuit market and changes in tax policies[7] - The company emphasizes the importance of risk management and has no significant uncertainties affecting the accuracy of the performance report[8]

Financial Performance Forecast - The company expects a net profit attributable to shareholders of 290 million to 340 million yuan for 2024, a decrease of 270.61 million to 320.61 million yuan compared to the previous year, representing a year-on-year decline of 44.32% to 52.51%[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses is projected to be 257 million to 307 million yuan, down by 280.18 million to 330.18 million yuan year-on-year, reflecting a decline of 47.72% to 56.23%[4] - The total profit for 2023 was 709.92 million yuan, with a net profit attributable to shareholders of 610.61 million yuan[5] - The basic earnings per share for 2023 was 3.0530 yuan per share[6] Revenue and Sales Performance - The company faced a decline in sales orders due to decreased demand in the domestic special industry and customer destocking behavior, impacting revenue growth[7] - Increased balances of accounts receivable and notes receivable led to higher credit impairment losses compared to the previous year[7] - Interest income and investment income from idle raised funds significantly decreased due to reduced balances and lower interest rates[7] Product Development and Innovation - The company has been enhancing product technology research and development, launching several new products that have passed user trials but have not yet generated bulk orders[7] Audit and Forecast Accuracy - The performance forecast has not been audited by an accounting firm, and there are no significant uncertainties affecting the accuracy of the forecast[8] - Investors are advised to note that the forecast data is preliminary and the final audited financial data will be disclosed in the official annual report for 2024[9]

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。 贵州振华风光半导体股份有限公司（以下简称"公司"或"振华风光"）于 2024 年 12 月 24 日召开第二届董事会第四次会议及第二届监事会第四次会议， 会议审议通过了《关于研发中心建设项目延期的议案》。保荐人中信证券股份有 限公司（以下简称"保荐机构"）对本事项出具了明确同意的核查意见。上述议 案无需提交股东大会审议，本次延期未改变研发中心建设项目的内容、投资用途、 投资总额和实施主体。现将相关情况公告如下： 一、募集资金基本情况 根据中国证券监督管理委员会《关于同意贵州振华风光半导体股份有限公司 首次公开发行股票注册的批复》（证监许可〔2022〕1334 号），同意公司首次公 开发行股票的注册申请，并经上海证券交易所同意，公司首次向社会公众发行人 民币普通股（A 股）股票 5,000 万股，每股面值人民币 1.00 元，每股发行价格 为人民币 66.99 元。募集资金总额为人民币 334,950.00 万元，扣除全部发行费 用（不含税）后实际募集资金净额为人民币 325, ...

中信证券股份有限公司 关于贵州振华风光半导体股份有限公司 研发中心建设项目延期的核查意见 中信证券股份有限公司（以下简称"中信证券"或"保荐机构"）作为贵州 振华风光半导体股份有限公司（以下简称"振华风光"或"公司"）首次公开发 行股票并在科创板上市的保荐机构。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》《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》《上市公司监管指引第2号——上市公司募集资金管理 和使用的监管要求》等有关规定，对公司研发中心建设项目延期的事项进行了核 查，核查情况如下： 一、募集资金基本情况 根据中国证券监督管理委员会《关于同意贵州振华风光半导体股份有限公司 首次公开发行股票注册的批复》（证监许可〔2022〕1334号），同意公司首次公 开发行股票的注册申请，并经上海证券交易所同意，公司首次向社会公众发行人 民币普通股（A股）股票5,000万股，每股面值人民币1.00元，每股发行价格为人 民币66.99元。募集资金总额为人民币334,950.00万元，扣除全部发行费用（不含 税）后实际募集资金净额为人民币325,992.36万元，其中超募金额为 ...