1 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、募集资金基本情况 经中国证券监督管理委员会以"证监许可[2022]3202 号"文《关于同意裕太 微电子股份有限公司首次公开发行股票注册的批复》核准，裕太微电子股份有限 公司（以下简称"公司"）向境内投资者公开发行人民币普通股（A 股）股票 20,000,000 股，每股面值 1.00 元，每股发行价格 92.00 元。截至 2023 年 2 月 3 日止，公司募集资金总额为人民币 1,840,000,000.00 元，扣除承销费和保荐费（不 含增值税）147,200,000.00 元后，剩余募集资金 1,692,800,000.00 元，已由主承销 商于 2023 年 2 月 3 日汇入公司募集资金监管账户。使用募集资金置换以自筹资 金已预先支付的发行费用的金额 21,100,199.28 元后，公司本次募集资金净额为 1,671,699,800.72 元。 上述资金到位情况业经立信会计师事务所（特殊普通合伙）验证，并由其出 具信会师报字[2023]第 ZA1005 ...

Summary of the Conference Call on Switch Industry and AI Computing Power Industry Overview - The report focuses on the **switch industry**, highlighting its critical role in network interconnection and the growing demand driven by data center construction [4][20]. - The global switch market is projected to grow significantly, with the top five manufacturers holding a substantial market share [4][68]. Key Points and Arguments Market Growth and Demand - The global switch market is expected to grow from **$61.9 billion in 2020** to **$96.8 billion by 2025**, with a **CAGR of 9.4%** [24]. - In China, the market is projected to increase from **¥116.8 billion in 2020** to **¥318 billion by 2025**, with a **CAGR of 22.2%** [24]. - The demand for switches is driven by the increasing data center construction and the need for higher data transfer rates [20][30]. Market Concentration - The top five global switch manufacturers, including **Cisco, Arista, Huawei, HPE, and Xinhua San**, hold **69.6%** of the market share, with Cisco leading at **35.9%** [4][68]. - In China, the top five manufacturers account for **89.7%** of the market, with Huawei at **32.4%** [4][68]. Technological Trends - **White-box technology** is emerging, allowing for hardware-software decoupling, which reduces acquisition and operational costs [31][35]. - The **CPO (Chip-Package-Optical)** switch technology is gaining traction, promising lower power consumption and higher efficiency [36][41]. Chip Market Dynamics - The global Ethernet switch chip market is expected to grow, with commercial vendors driving the majority of the growth [81][86]. - The market is currently dominated by overseas giants, indicating significant room for domestic alternatives [87]. Important but Overlooked Content - The report highlights the **risk factors** including the potential underdevelopment of AI applications, escalating US-China trade tensions, intensified market competition, and the risk of failure in new technology and product development [7]. - The **data center switch market** in China is expected to account for **51.7%** of the total switch market by 2026, indicating a growing reliance on data center infrastructure [30]. Recommendations - The report suggests monitoring companies such as **Sengke Communication, Yutai Micro, Ruijie Networks, Unisplendour, ZTE, and Feiling Kesi** for potential investment opportunities [6]. This summary encapsulates the essential insights from the conference call regarding the switch industry and its intersection with AI computing power, providing a comprehensive overview of market dynamics, technological advancements, and investment opportunities.

Group 1 - The Shanghai Stock Exchange has released the "Self-Regulatory Supervision Guidelines for Companies Listed on the Sci-Tech Innovation Board No. 5 - Sci-Tech Growth Tier" [1] - The reform does not impose additional listing thresholds for unprofitable companies entering the Sci-Tech Growth Tier, allowing 32 existing unprofitable companies to enter immediately upon the guideline's implementation [1] - Newly registered unprofitable companies will enter the Sci-Tech Growth Tier from the date of their listing [1] Group 2 - Investors participating in the subscription and trading of newly registered stocks in the Sci-Tech Growth Tier must sign a "Risk Disclosure Statement for the Sci-Tech Growth Tier" [2] - The 32 existing companies that have not yet removed the "U" designation include: Zejing Pharmaceutical, Junshi Biosciences, Frontier Biotech, Qingyun Technology, Hehui Optoelectronics, Jingjin Electric, BeiGene, Dize Pharmaceutical, Maiwei Biotech, Aojie Technology, Yuhong Pharmaceutical, Shouyao Holdings, Haichuang Pharmaceutical, CloudWalk Technology, Yifang Biotech, Obsidian Optics, Mengke Pharmaceutical, Nuo Cheng Jianhua, Xinke Mobile, Xinghuan Technology, Yutai Micro, Yuntian Lifa, Tianzhihang, Qi Anxin, Hanwujin, Yihua Tong, Aifute, Huizhiwei, Xinlian Integrated, Zhixiang Jintai, Shengke Communication, and Zhongjuxin [2]

Investment Rating - The investment rating for the company is "Buy" and is maintained [1][5] Core Views - The market is experiencing a recovery, with increased demand from downstream customers as the semiconductor industry cycle comes to an end. The company's revenue is gradually recovering to a high growth trend due to the continuous release of various chips, including 2.5G Ethernet physical layer chips and automotive chips [2] - The automotive Ethernet chip market in China is expected to see explosive growth, with the market size for automotive PHY chips projected to exceed 12 billion yuan by 2025. The urgency for domestic alternatives is increasing as overseas manufacturers dominate the market [3] - The company is entering its third round of R&D investment, with a significant focus on enhancing its product line, including 2.5G series networking products and automotive Ethernet chips, which are expected to contribute to revenue growth from 2024 to 2026 [4] Financial Projections - The projected revenues for the company are 582 million yuan in 2025, 805 million yuan in 2026, and 1.107 billion yuan in 2027, with net profits expected to improve from a loss of 191.8 million yuan in 2025 to a profit of 9 million yuan in 2027 [5][9] - The company’s R&D expenses are projected to be 2.94 billion yuan in 2024, accounting for 74.1% of revenue, and are expected to continue to be a significant portion of revenue in the following years [4][9] Market Performance - The stock has shown a performance increase of 66% from June 2024 to June 2025, indicating positive market sentiment [8]

证券代码：688515 证券简称：裕太微 公告编号：2025-026 裕太微电子股份有限公司 2025年第一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 6 月 11 日 （二） 股东会召开的地点：上海市浦东新区盛荣路 388 弄 18 号楼 1F 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 | 120 | | --- | --- | | 普通股股东人数 | 120 | | 2、出席会议的股东所持有的表决权数量 | 26,814,872 | | 普通股股东所持有表决权数量 | 26,814,872 | | 3、出席会议的股东所持有表决权数量占公司表决权数量的比 | 33.7734 | | 例（%） | | | 普通股股东所持有表决权数量占公司表决权数量的比例（%） | 33.7734 | （四） ...

上海市锦天城律师事务所 法律意见书 上海市锦天城律师事务所 关于裕太微电子股份有限公司 2025 年第一次临时股东会 之 法律意见书 锦 天 城 律师事务 所 ALLBRIGHT LAW OFFICES 地址：上海市浦东新区银城中路 501 号上海中心大厦 9/11/12 层 电话: 021-20511000 传真: 021-20511999 邮编: 200120 本所同意将本法律意见书随公司本次股东会的决议一起予以公告,并依法 对本所出具的法律意见书承担相应责任。本所律师仅对本次股东会的召集、召 开程序、出席会议人员资格、召集人资格及会议表决程序、表决结果发表意见, 不对会议审议的议案内容以及该等议案所表述的事实或数据的真实性及准确性 发表意见。 本法律意见书仅供公司本次股东会之目的使用,不得用作任何其他目的。 本所律师根据相关法律法规的要求,按照律师行业公认的业务标准、道德 规范和勤勉尽责精神,对本次股东会的相关文件和有关事实进行了核查和验证, 现出具法律意见如下: 上海市锦天城律师事务所 上海市锦天城律师事务所 法律意见书 上海市锦天城律师事务所 关于裕太微电子股份有限公司 2025年第一次临时股东会之 ...

Core Points - The company is holding its first extraordinary general meeting of shareholders in 2025 to ensure the rights of all shareholders and maintain order during the meeting [1][2] - The meeting will take place on June 11, 2025, at 14:00 in Shanghai, with both on-site and online voting options available [5] - A proposal to use part of the excess raised funds to permanently supplement working capital will be presented for approval [9][10] Meeting Procedures - Only authorized participants, including shareholders, directors, supervisors, and invited personnel, are allowed to attend the meeting [1] - Shareholders must sign in and present necessary documents before the meeting starts, and latecomers will not be allowed to vote [1][2] - The meeting will follow a structured agenda, including the announcement of attendees, reading of meeting rules, and voting on proposals [5][6] Voting and Proposals - Shareholders will express their opinions on proposals by voting "agree," "disagree," or "abstain," and improperly filled ballots will be considered as abstentions [3] - The company will appoint representatives to oversee the counting of votes, and results will be announced by the meeting host [3][6] - The proposal to use excess funds for working capital aims to enhance operational efficiency and reduce financial costs, benefiting the company and its shareholders [9][10]

..... 裕太微电子 Motorcomm 2025年第- 一次 临时股东会会议资料 公司代码:688515 | 公司简称: 裕太微 目 录 | 2025 年第一次临时股东会会议须知 . | | --- | | 2025 年第一次临时股东会会议议程 . | | 2025 年第一次临时股东会会议议案 | | 议案一 …… | | 关于使用部分超募资金永久补充流动资金的议案 | 裕太微电子股份有限公司 1 七、 主持人可安排公司董事、监事、高级管理人员回答股东及股东代理人 所提问题。对于可能将泄露公司商业秘密及/或内幕信息，损害公司、股东共同 利益的提问，主持人或其指定的有关人员有权拒绝回答。 2025 年第一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，保证股 东会的顺利进行，根据《公司法》《证券法》《上市公司股东会规则》《公司章 程》《裕太微电子股份有限公司股东会议事规则》等相关规定，裕太微电子股份 有限公司（以下简称"公司"）特制定 2025 年第一次临时股东会须知。 一、 为保证本次股东会的严肃性和正常秩序，切实维护与会股东（或股东 代理人）的合法权益，除出席会议的股东 ...

Meeting Overview - The shareholder meeting is scheduled for June 11, 2025 [1] - The meeting will utilize a combination of on-site and online voting methods [1][3] - The online voting system will be provided by the Shanghai Stock Exchange [1][3] Voting Details - Online voting will be available from 9:15 AM to 3:00 PM on the day of the meeting [1][4] - Specific voting times through the trading system are from 9:15 AM to 9:25 AM, 9:30 AM to 11:30 AM, and 1:00 PM to 3:00 PM [1][4] - There will be no public solicitation of shareholder voting rights for this meeting [1] Meeting Agenda - The meeting will review non-cumulative voting proposals that have been approved by the company's board and supervisory board [2] - Detailed information regarding the proposals will be published on the Shanghai Stock Exchange website and other designated media [2] Attendance Requirements - Shareholders must be registered with the China Securities Depository and Clearing Corporation by the close of trading on June 5, 2025, to attend the meeting [6] - Various identification and documentation requirements are outlined for different types of shareholders [7] Additional Information - The meeting is expected to last half a day, with attendees responsible for their own travel and accommodation expenses [6] - Contact information for inquiries is provided, including a phone number and email address [6]

（一）募集资金基本情况 根据中国证券监督管理委员会《关于同意裕太微电子股份有限公司首次公开 发行股票注册的批复》（证监许可〔2022〕3202 号），同意公司向境内投资者 首次公开发行人民币普通股（A 股）股票 2,000.00 万股，每股面值 1.00 元，每 股发行价格 92.00 元，募集资金总额为人民币 184,000.00 万元，扣除发行费用人 民币 16,830.02 万元（不含税）后，募集资金净额为人民币 167,169.98 万元。 国泰海通证券股份有限公司 关于裕太微电子股份有限公司 使用部分超募资金永久补充流动资金的核查意见 国泰海通证券股份有限公司（以下简称"国泰海通"或"保荐机构"）作为裕太 微电子股份有限公司（以下简称"裕太微"、"公司"或"发行人"）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》等有关法律法规和规范性文件的要求，对裕太微使用部分超 募资金永久补充流动资金的事项 ...