Meeting Overview - The shareholders' meeting of Hangzhou Yingzi Network Co., Ltd. was held on May 9, 2025, in Hangzhou, Zhejiang Province [1] - A total of 161 ordinary shareholders attended the meeting, representing 651,793,950 voting rights, which accounts for 82.77% of the company's total voting rights [1] Voting Results - All non-cumulative voting proposals were approved with a high majority, including: - Proposal 1: 651,751,495 votes in favor (99.9934%), 23,219 votes against (0.0035%), and 19,236 abstentions (0.0031%) [2] - Proposal 2: 651,751,495 votes in favor (99.9934%), 24,619 votes against (0.0037%), and 17,836 abstentions (0.0029%) [2] - Proposal 3: 651,642,191 votes in favor (99.9767%), 132,523 votes against (0.0203%), and 19,236 abstentions (0.0030%) [3] Dividend Distribution - The 2024 annual profit distribution plan was approved, with significant support from shareholders [3] - The voting breakdown showed that 96.01% of shareholders with a market value below 500,000 supported the proposal [3] Legal Compliance - The meeting's procedures, participant qualifications, and voting processes were confirmed to comply with the Company Law and the company's articles of association [3]

Group 1 - The legal opinion letter is issued by Grandall Law Firm (Hangzhou) regarding the 2024 annual general meeting of shareholders of Hangzhou Yingshi Network Co., Ltd. [2][3] - The law firm confirms that the company provided complete, truthful, and valid documents and statements for the legal opinion [3] - The legal opinion focuses on the legality of the meeting's convening, procedures, attendance qualifications, and voting procedures, without commenting on the content of the proposals [3][11] Group 2 - The company convened the annual general meeting following the procedures outlined in the Company Law and relevant regulations [6] - The meeting was held at a specified location and was presided over by the chairman, with both on-site and online voting methods employed [5][6] - A total of 161 shareholders participated in the meeting, representing 651,793,950 shares, which is 80.7674% of the total voting shares [7] Group 3 - The meeting's agenda included several proposals that were reviewed and voted on, with the results aligning with the meeting notice [8][11] - The voting process was conducted according to the established rules, and the results were announced immediately after the voting concluded [9][11] - All proposals were approved by the shareholders, with the voting results deemed legal and valid according to the Company Law and internal regulations [10][11]

Group 1 - The company will hold a performance briefing for the fiscal year 2024 and the first quarter of 2025 on May 19, 2025, from 15:00 to 16:00 [1][2] - The briefing will take place at the Shanghai Stock Exchange Roadshow Center and will be conducted in an interactive online format [2][3] - Key personnel attending the briefing include the Chairman, General Manager, Board Secretary, and independent directors [2] Group 2 - Investors can submit questions for the briefing from May 12 to May 16, 2025, through the Roadshow Center website or via the company's email [3] - After the briefing, investors can access the main content and details of the event on the Shanghai Stock Exchange Roadshow Center [3]

证券代码：688475 证券简称：萤石网络 公告编号：2025-018 杭州萤石网络股份有限公司 关于召开 2024 年度暨 2025 第一季度业绩说明会 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、准确性和完整性承担法律责任。 重要内容提示： 投资者可于 2025 年 05 月 12 日（星期一）至 05 月 16 日（星期五）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 ir@ezviz.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。 杭州萤石网络股份有限公司（以下简称"公司"）已于 2025 年 4 月 12 日发布 公司 2024 年年度报告及 2025 年第一季度报告，为便于广大投资者更全面深入地 了解公司 2024 年度及 2025 年第一季度经营成果、财务状况，公司计划于 2025 年 05 月 19 日（星期一）15:00-16:00 举行 2024 年度暨 2025 第一季度业绩说明 会，就投资者关心的问题进行交流。 ...

关于 杭州萤石网络股份有限公司 国浩律师（杭州）事务所 地址：杭州市上城区老复兴路白塔公园 B 区 2 号、15 号国浩律师楼 邮编：310008 Grandall Building, No.2＆No.15, Block B, Baita Park, Old Fuxing Road, Hangzhou, Zhejiang 310008, China 电话/Tel: (+86)(571) 8577 5888 传真/Fax: (+86)(571) 8577 5643 电子邮箱/Mail：grandallhz@grandall.com.cn 网址/Website：http://www.grandall.com.cn 二〇二五年五月 2024 年年度股东大会之 法律意见书 1 法律意见书 致：杭州萤石网络股份有限公司 国浩律师（杭州）事务所（以下简称"本所"）接受杭州萤石网络股份有限 公司（以下简称"公司"）的委托，指派律师列席公司 2024 年年度股东大会（以 下简称"本次股东大会"），并依据《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》"）和上海证 券交易所发 ...

证券代码：688475 证券简称：萤石网络 公告编号：2025-017 杭州萤石网络股份有限公司 2024年年度股东大会决议公告 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 本次股东大会由公司董事会召集，董事长蒋海青先生主持，会议采用现场投 票和网络投票相结合的表决方式。本次股东大会的召集和召开程序、召集人资格 和出席会议人员的资格、会议的表决程序和表决结果均符合《中华人民共和国公 司法》及《杭州萤石网络股份有限公司章程》的规定。 一、 会议召开和出席情况 （一） 股东大会召开的时间：2025 年 5 月 9 日 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。 （二） 股东大会召开的地点：浙江省杭州市滨江区启智东街 188 号 B 楼 （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： 重要内容提示： | 1、出席会议的股东和代理人人数 | 161 | | --- | --- | | 普通股股东人数 | 161 | | 2、出席会议的股东所持有的表决权数量 | 651,793,950 | | 普通股股东所持有表决权数量 | ...

Core Insights - The company reported a total revenue of 5.442 billion in 2024, representing a year-on-year growth of 12.41%, while the net profit attributable to shareholders was 504 million, down 10.52% year-on-year [1] - The company is expanding its overseas market and experiencing significant growth in its cloud platform business, with revenues from smart home products and IoT cloud platform reaching 4.347 billion and 1.052 billion respectively in 2024, showing year-on-year increases of 9.76% and 22.87% [2] - The company's gross margin for 2024 was 42.08%, a decrease of 0.77 percentage points year-on-year, with a net profit margin of 9.26%, down 2.37 percentage points year-on-year [3] - The company is expected to benefit from the upgrade and optimization of the smart ecosystem, with projected net profits of 675 million, 821 million, and 955 million for 2025-2027, reflecting growth rates of 33.9%, 21.7%, and 16.2% respectively [4] Financial Performance - In Q4 2024, the company achieved a single-quarter revenue of 1.479 billion, up 11.05% year-on-year, with a net profit of 129 million, down 20.03% year-on-year [1] - For Q1 2025, the company reported a revenue of 1.38 billion, a year-on-year increase of 11.59%, and a net profit of 138 million, up 10.42% year-on-year [1] - The gross margin for Q4 2024 was 39.95%, down 1.38 percentage points year-on-year, while Q1 2025 saw a gross margin of 42.55%, a slight decrease of 0.18 percentage points year-on-year [3] Product and Market Development - The company is accelerating its smart product layout, expanding into new categories such as smart cameras, smart locks, cleaning robots, and smart wearables, while also enhancing its domestic and international retail channels [2] - The company's ecosystem has evolved into a "2+5+N" structure, transitioning from an IoT cloud platform to a dual-core driven "AI + YingShi IoT Cloud" model, which includes five major AI interaction product lines [2] - In 2024, the company achieved domestic and overseas revenues of 3.487 billion and 1.912 billion respectively, with year-on-year growth of 5.54% and 26.42% [2]

证券研究报告 | 年报点评报告 gszqdatemark 2025 05 08 年 月 日 萤石网络（688475.SH） 海外持续拓展，构建多元智能产品矩阵 事件：公司发布 2024 年年报和 2025 年一季报。公司 2024 年实现营业 总收入 54.42 亿元，同比增长 12.41%；实现归母净利润 5.04 亿元，同比 -10.52%。其中，2024Q4单季营业总收入为14.79亿元，同比增长11.05%； 归母净利润为 1.29 亿元，同比-20.03%。2025Q1 单季营业总收入为 13.80 亿元，同比增长 11.59%；归母净利润为 1.38 亿元，同比增长 10.42%。 海外持续开拓，云平台业务高增。分产品看，2024 年公司智能家居产品/ 物联网云平台分别实现收入 43.47/10.52 亿元，同比+9.76%/+22.87%， 毛利率分别为 34.02%/76.19%，同比-1.36pct/+0.1pct。智能家居产品中， 智能家居摄像机/智能入户/配件产品/智能服务机器人/其他智能家居产品 分 别 实 现 收 入 29.48/7.48/3.84/1.66/1.01 亿 元 ， 同 ...

登录新浪财经APP 搜索【信披】查看更多考评等级 上海证券交易所： 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》和《上海证券交易所 上市公司自律监管指引第11号——持续督导》等有关规定，中国国际金融股份有限公司（以下简称"保 荐机构"）作为正在履行杭州萤石网络股份有限公司（以下简称"萤石网络"、"公司"）持续督导工作的 保荐机构，对公司2024年度持续督导期间（以下简称"本持续督导期间"）的规范运作情况进行了现场检 查，现就现场检查的有关情况报告如下： 一、本次现场检查的基本情况 （一）保荐机构：中国国际金融股份有限公司 （五）现场检查内容：公司治理及内部控制、信息披露、独立性、与关联方的资金往来、募集资金使用 情况、关联交易、对外担保、重大对外投资、公司经营状况等。 （六）现场检查手段： 二、现场检查的具体事项及意见 （一）公司治理和内部控制情况 现场检查人员查阅了公司最新的公司章程、公司股东大会及董事会议事规则、会议材料及信息披露管理 制度、募集资金管理等相关制度。 经现场核查，保荐机构认为：本持续督导期内，公司的治理制度完备、合规并得到了有效执行，公司董 事、高级管理人员均能 ...

中国国际金融股份有限公司 关于杭州萤石网络股份有限公司 2024 年度持续督导工作现场检查报告 上海证券交易所： 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》和《上海证券交易所上市公司自律监管指引第 11 号——持续督导》等有 关规定，中国国际金融股份有限公司（以下简称"保荐机构"）作为正在履行杭 州萤石网络股份有限公司（以下简称"萤石网络"、"公司"）持续督导工作的保 荐机构，对公司 2024 年度持续督导期间（以下简称"本持续督导期间"）的规范 运作情况进行了现场检查，现就现场检查的有关情况报告如下： 一、本次现场检查的基本情况 3、查阅公司募集资金台账、募集资金使用凭证、募集资金专户银行对账单 1 （一）保荐机构：中国国际金融股份有限公司 （四）现场检查人员：王健 （五）现场检查内容：公司治理及内部控制、信息披露、独立性、与关联方 的资金往来、募集资金使用情况、关联交易、对外担保、重大对外投资、公司经 营状况等。 （六）现场检查手段： 1、对公司董事、高级管理人员及有关人员进行访谈； 2、查阅公司公告、公司治理文件、重大合同、公司定期报告及重大资金往 来凭证等底稿文件； （ ...