龙迅半导体（合肥）股份有限公司 2024 年年度股东大会会议资料 证券代码：688486 证券简称：龙迅股份 龙迅半导体（合肥）股份有限公司 2024 年年度股东大会会议资料 召开时间 2025 年 3 月 龙迅半导体（合肥）股份有限公司 2024 年年度股东大会会议资料 目 录 | 2024 | 年年度股东大会会议须知 2 | | --- | --- | | 2024 | 年年度股东大会会议议程 4 | | 2024 | 年年度股东大会会议议案 6 | | | 议案一《关于 2024 年度董事会工作报告的议案》 6 | | | 议案二《关于 2024 年度监事会工作报告的议案》 7 | | | 议案三《关于 2024 年度独立董事述职报告的议案》 8 | | | 议案四《关于 2024 年度财务决算报告的议案》 9 | | | 议案五《关于 2024 年年度报告及其摘要的议案》 13 | | | 议案六《关于 2024 年度利润分配预案的议案》 14 | | | 附件一：龙迅半导体（合肥）股份有限公司 2024 年度董事会工作报告 ..17 | | | 附件二：龙迅半导体（合肥）股份有限公司 2024 年度 ...

证券代码：688486 证券简称：龙迅股份 公告编号：2025-017 龙迅半导体（合肥）股份有限公司 关于竞得土地使用权暨签署《投资意向协议书》的进展公告 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。 一、协议签订概述 龙迅半导体（合肥）股份有限公司（以下简称"龙迅股份"或"公司"）于 2024年7月30日分别召开第三届董事会第二十三次会议、第三届监事会第十九次 会议，审议通过了《关于签署<投资意向协议书>的议案》，同意公司与合肥经济 技术开发区管理委员会签订《投资意向协议书》，授权管理层负责本协议的签订， 公司拟在合肥经济技术开发区内（以下简称"经开区"）投资建设龙迅股份科创 （研发）基地项目（项目名称和建设内容最终以相关政府主管机关的批准文件为 准），选址位于经开区月池路以北、佛掌路以西，占地面积约43亩（以批准的控 规为准，具体面积以实测为准）。具体内容详见公司于2024年8月1日在上海证券 交易所网站(www.sse.com.cn)披露的《龙迅股份关于拟签署<投资意向协议书> 的提示性公告》（公告编号：2024 ...

Investment Rating - The report maintains a "Buy-A" rating for the company [1] Core Views - The company achieved a revenue of 466 million yuan in 2024, representing a year-on-year growth of 44.21%, and a net profit of 144 million yuan, up 40.62% [1][3] - The company has significantly increased its market share in the automotive chip sector and is focusing on high-definition display and automotive electronics [4][9] - The company plans to expand its product matrix and enhance R&D investments to support new product development [5][9] Financial Performance - In Q4 2024, the company reported a revenue of 132 million yuan, a 31.04% increase year-on-year, and a net profit of 50 million yuan, up 56.21% [1][3] - The overall gross margin for 2024 was 55.48%, an increase of 1.48 percentage points, while the expense ratio decreased by 3.81 percentage points to 29.90% [3][4] - The company’s R&D expenses reached 100 million yuan, accounting for 21.45% of revenue, reflecting a 34.14% increase [3][4] Product Development and Market Position - The company’s revenue from video bridge and processing chips was 426 million yuan, accounting for 91.42% of total revenue, with a growth of 43.35% [4] - The company has established a dedicated automotive chip division to focus on automotive entertainment systems and advanced driver-assistance systems (ADAS) [4][9] - The company has successfully launched several automotive chips that have passed AEC-Q100 testing and are now in mass production for various well-known automotive brands [4][9] Future Projections - Revenue projections for 2025-2027 are 708 million yuan, 1.046 billion yuan, and 1.516 billion yuan, respectively, with net profits expected to be 203 million yuan, 294 million yuan, and 414 million yuan [9][11] - The report anticipates a steady increase in earnings per share (EPS) from 1.98 yuan in 2025 to 4.05 yuan in 2027, with corresponding price-to-earnings (P/E) ratios decreasing from 61.0X to 29.9X [9][11]

Investment Rating - The report maintains a "Buy-A" rating for the company, indicating an expected price increase of over 15% relative to the benchmark index [3][8]. Core Insights - The company reported a revenue of 466 million yuan in 2024, representing a year-on-year growth of 44.21%, and a net profit of 144 million yuan, up 40.62% [3][4]. - The company has significantly increased its market share in the automotive chip sector and is focusing on high-definition display and automotive electronics [4][5]. - The company is expanding its product matrix and enhancing its R&D capabilities, particularly in the automotive electronics and high-performance computing sectors [5][8]. Financial Performance - In Q4 2024, the company achieved a revenue of 132 million yuan, a 31.04% increase year-on-year, and a net profit of 50 million yuan, up 56.21% [3][4]. - The overall gross margin for 2024 was 55.48%, an increase of 1.48 percentage points, while the operating expense ratio decreased by 3.81 percentage points to 29.90% [4][10]. - The company’s R&D expenses reached 100 million yuan, accounting for 21.45% of revenue, reflecting a 34.14% increase [4][10]. Revenue and Profit Forecast - The projected revenues for 2025, 2026, and 2027 are 708 million yuan, 1.046 billion yuan, and 1.516 billion yuan, respectively, with corresponding net profits of 203 million yuan, 294 million yuan, and 414 million yuan [8][10]. - The expected EPS for the same years is 1.98 yuan, 2.88 yuan, and 4.05 yuan, with P/E ratios of 61.0X, 42.1X, and 29.9X, respectively [8][10].

Investment Rating - The report maintains a "Buy" rating for the company, indicating an expected price increase of over 15% in the next 6-12 months [4][12]. Core Insights - The company achieved a record high in revenue and profit in 2024, with total revenue of 466 million RMB, representing a year-on-year growth of 44.21%, and a net profit attributable to the parent company of 144 million RMB, up 40.62% year-on-year [2][4]. - The company has significantly increased its R&D investment, reaching 100 million RMB in 2024, which is 21.45% of its revenue, focusing on new products in high-definition video bridging, automotive electronics, and high-speed transmission [3][4]. Summary by Sections Performance Review - In Q4 2024, the company reported revenue of 132 million RMB, a year-on-year increase of 31.04% and a quarter-on-quarter increase of 18.45%. The net profit for the same period was 50 million RMB, reflecting a year-on-year growth of 56.21% and a quarter-on-quarter growth of 58.16% [1][2]. Business Analysis - The company has successfully navigated industry challenges, including a downturn and increased competition, by enhancing its product mix and maintaining a high gross margin of 55.48%, which is an improvement of 1.48 percentage points from the previous year [2][3]. Product Development - The company is expanding its product lines, particularly in automotive electronics and high-speed transmission, with notable market share gains in automotive display systems and video transmission technologies [3][4]. Financial Forecast - Revenue projections for 2025 to 2027 are 668 million RMB, 940 million RMB, and 1.284 billion RMB, respectively, with net profits expected to be 222 million RMB, 287 million RMB, and 369 million RMB, respectively [4][7].

Investment Rating - The report maintains a "Recommended" investment rating for the company [1]. Core Views - The company achieved record high revenue and profit in Q4 2024, with revenue reaching 466 million yuan, a year-on-year increase of 44.21%, and net profit of 144 million yuan, up 40.62% year-on-year [4][7]. - The semiconductor industry is showing signs of recovery, with increased demand from downstream customers, leading to enhanced product upgrades and R&D efforts [7][10]. - The company is focusing on expanding its product matrix and increasing R&D investment in automotive electronics, with successful launches of various new chips [10][8]. Financial Performance Summary - Revenue for 2024 is projected at 466 million yuan, with a growth rate of 44.21% year-on-year, and net profit is expected to be 144 million yuan, reflecting a 40.62% increase [4][11]. - The gross margin for 2024 is 55.48%, an increase of 1.48 percentage points year-on-year, while the net margin is 30.99%, a slight decrease of 0.79 percentage points year-on-year [7][12]. - The company plans to distribute a cash dividend of 7.00 yuan per 10 shares and increase capital reserves by issuing 3 additional shares for every 10 shares held [4]. Revenue and Profit Forecast - Revenue is expected to grow to 710 million yuan in 2025, 1.047 billion yuan in 2026, and 1.483 billion yuan in 2027, with respective growth rates of 52.4%, 47.4%, and 41.7% [6][11]. - Net profit is projected to reach 223 million yuan in 2025, 332 million yuan in 2026, and 477 million yuan in 2027, with growth rates of 54.7%, 48.5%, and 44.0% respectively [6][11]. Product Development and Market Expansion - The company has successfully launched a series of high-performance chips for automotive applications, including video bridge and processing chips, which have been adopted by several well-known automotive manufacturers [8][10]. - The automotive chip and system solutions division was established to focus on various automotive electronic applications, enhancing the company's market share in this sector [10][8].

证券代码：688486 证券简称：龙迅股份 公告编号：2025-010 龙迅半导体（合肥）股份有限公司 2024 年度募集资金存放与实际使用情况的专项报告 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。 根据《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》 《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》《上海证券交 易所科创板股票上市规则》等有关法律、法规及相关文件的规定，龙迅半导体（合 肥）股份有限公司（以下简称"公司"或"本公司"）就2024年度募集资金存放与 实际使用情况的专项报告说明如下： 一、募集资金基本情况 （一）实际募集资金金额、资金到账时间 经中国证券监督管理委员会《关于同意龙迅半导体（合肥）股份有限公司首次 公开发行股票注册的批复》（证监许可〔2023〕6号）核准，公司由主承销商中国国 际金融股份有限公司采用向战略投资者定向配售、网下向符合条件的投资者询价配 售、网上向持有上海市场非限售A股和非限售存托凭证市值的社会公众投资者定价发 行相结合的方式，公司首次公开发行人民币 ...

证券代码：688486 证券简称：龙迅股份 公告编号：2025-011 龙迅半导体（合肥）股份有限公司 关于使用闲置募集资金进行现金管理的公告 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。 重要内容提示： 1、投资种类：安全性高、流动性好的、满足保本要求的投资产品（包括但不限 于结构性存款、定期存款、通知存款、大额存单等）。 2、投资金额：龙迅半导体（合肥）股份有限公司（以下简称"龙迅股份"或"公 司"）在保证不影响募集资金投资项目实施、确保募集资金安全的前提下，拟使用 最高额度不超过人民币84,000.00万元（含本数）的暂时闲置募集资金进行现金管理， 在前述额度范围内，资金可以循环滚动使用。 3、已履行的审议程序：公司于2025年2月27日召开第四届董事会第三次会议、 第四届监事会第三次会议，审议通过了《关于使用闲置募集资金进行现金管理的议 案》，同意公司使用最高额度不超过人民币84,000.00万元（含本数）的暂时闲置募 集资金进行现金管理,期限自公司董事会审议通过之日不超过12个月，在前述额度及 期限范围内，资金 ...

龙迅半导体（合肥）股份有限公司 关于公司及子公司使用闲置自有资金进行现金管理的公告 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。 重要内容提示： 1、投资种类：低风险、流动性好、安全性高的短期理财产品，具体包括但不限 于结构性存款、大额存单、通知存款等。 2、投资金额：龙迅半导体（合肥）股份有限公司（以下简称"公司"）及子公 司本次拟使用不超过人民币5亿元（含本数）闲置自有资金进行现金管理，在此额度 内资金可滚动使用。 证券代码：688486 证券简称：龙迅股份 公告编号：2025-012 （一）投资目的 1 为提高资金使用效率，实现股东利益最大化，在不影响公司正常经营和主营业 务发展、有效控制风险的前提下，利用部分自有资金购买银行等金融机构低风险、 流动性好、安全性高的短期理财产品，增加公司现金资产收益。 公司及子公司本次拟使用不超过人民币5亿元（含本数）闲置自有资金进行现金 管理，在此额度内资金可滚动使用。 （三）投资产品 为控制风险，公司及子公司进行现金管理的品种为低风险、流动性好、安全性 高的短期理财产品，具体包 ...

（一）会计师事务所基本情况 大信会计师事务所（特殊普通合伙）（以下简称"大信会计师事务所"）创始于 1985 年，2012 年 3 月转制为特殊普通合伙制事务所，总部位于北京，注册地址为北 京市海淀区知春路 1 号 22 层 2206。大信会计师事务所在全国设有 32 家分支机构， 在香港设立了分所，并于 2017 年发起设立了大信国际会计网络，目前拥有美国、加 拿大、澳大利亚、德国、法国、英国、新加坡等 36 家网络成员所。大信会计师事务 所是我国最早从事证券服务业务的会计师事务所之一，首批获得 H 股企业审计资格， 拥有近 30 年的证券业务从业经验。 首席合伙人为谢泽敏先生。截至 2024 年 12 月 31 日，大信会计师事务所从业人 员总数 3957 人，其中合伙人 175 人，注册会计师 1031 人。注册会计师中，超过 500 人签署过证券服务业务审计报告。 （二）聘任会计师事务所履行的程序 1、公司董事会审计委员会对大信会计师事务所（特殊普通合伙）的专业胜任能 力、投资者保护能力、独立性和诚信状况等方面进行了认真审查，认为大信具备为 上市公司提供审计服务的经验和能力，能够满足公司年度财务审计和 ...