北京市天元律师事务所 关于深圳市联赢激光股份有限公司 2024 年年度股东大会的法律意见 京天股字（2025）第 183 号 致：深圳市联赢激光股份有限公司 深圳市联赢激光股份有限公司（以下简称"公司"）2024 年年度股东大会（以 下简称"本次股东大会"）采取现场投票与网络投票相结合的方式，现场会议于 2025 年 5 月 7 日在深圳市坪山区坑梓街道沙田社区荣沙路 18 号 A 栋联赢大厦二楼会议 室召开。北京市天元律师事务所（以下简称"本所"）接受公司聘任，指派本所律师 参加本次股东大会的现场会议，并根据《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》"）、《上市公司 股东会规则》（以下简称"《股东会规则》"）以及《深圳市联赢激光股份有限公司 章程》（以下简称"《公司章程》"）等有关规定，就本次股东大会的召集、召开程 序、出席现场会议人员的资格、召集人资格、会议表决程序及表决结果等事项出具 本法律意见。 为出具本法律意见，本所律师审查了《深圳市联赢激光股份有限公司第五届 董事会第七次会议决议公告》《深圳市联赢激光股份有限公司第五届监事会第六次 会议决议 ...

证券代码：688518 证券简称：联赢激光 公告编号：2025-015 深圳市联赢激光股份有限公司 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 一、 会议召开和出席情况 （一） 股东大会召开的时间：2025 年 5 月 7 日 （二） 股东大会召开的地点：深圳市坪山区坑梓街道沙田社区荣沙路 18 号 A 栋联赢大厦二楼会议室 （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 | 130 | | --- | --- | | 普通股股东人数 | 130 | | 2、出席会议的股东所持有的表决权数量 | 63,020,372 | | 普通股股东所持有表决权数量 | 63,020,372 | | 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 | 18.4634 | | 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（%） | 18.4634 | （四） 表决方式是否符合《公司法》及公司章程的规定，大会主持情况等。 本次股东大会由公司董事会召集，由 ...

中信证券股份有限公司 关于深圳市联赢激光股份有限公司 2024 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"）作为深圳市联赢 激光股份有限公司（以下简称"联赢激光"或"公司"或"上市公司"）向特定对象发 行 A 股股票的保荐人。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 持续督导年度跟踪报告。 一、持续督导工作概述 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 4 月 16 日至 4 月 18 日，2025 年 4 月 21 日至 4 月 23 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，查阅公司 2024 年度内部控制自我评价报告、2024 年度内部 ...

中信证券股份有限公司 关于深圳市联赢激光股份有限公司 2024 年度持续督导工作现场检查报告 根据《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 关法律、法规的规定，中信证券股份有限公司（以下简称"中信证券"或"保荐 人"）作为正在对深圳市联赢激光股份有限公司（以下简称"联赢激光""公司" "上市公司"）进行持续督导工作的保荐人，对 2024 年度（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）保荐人 中信证券股份有限公司 （二）保荐代表人 李海军、刘新萍 （六）现场检查手段 本次现场检查的手段主要包括资料查阅、访谈、现场查看等，具体检查手段 1 详见"二、本次现场检查主要事项及意见"。 （三）现场检查人员 刘新萍、徐伊、郭直淇 （四）现场检查时间 2025 年 4 月 16 日-4 月 18 日，4 月 21 日-4 月 23 日 （五）现场检查内容 现场检查人员对本持续督导期内发行人公司治理和内部控制情况、信息披露 情况、公司的独立性以及与控股股东、实际控制人及其他关联方资金往来情况、 募集资金使用情况、 ...

Financial Performance - The company's operating revenue for Q1 2025 reached ¥870,273,632.51, representing a 19.54% increase compared to ¥728,003,189.86 in the same period last year[4] - Net profit attributable to shareholders was ¥46,919,518.83, a significant increase of 65.12% from ¥28,415,224.81 year-on-year[4] - Basic and diluted earnings per share both increased to ¥0.14, reflecting a growth of 75.00% compared to ¥0.08 in the same period last year[4] - Net profit for Q1 2025 was ¥45,147,477.85, representing a 63.4% increase compared to ¥27,610,141.39 in Q1 2024[19] - Total comprehensive income for Q1 2025 was ¥44,372,160.43, compared to ¥26,544,035.06 in Q1 2024, reflecting improved financial performance[19] Cash Flow - The net cash flow from operating activities improved to ¥42,467,798.72, a turnaround of 120.31% from a negative cash flow of ¥209,096,303.87 in the previous year[4] - Cash flow from operating activities for Q1 2025 was ¥42,467,798.72, a significant recovery from a negative cash flow of -¥209,096,303.87 in Q1 2024[21] - The net cash flow from investing activities was $17,189,755.64, compared to $30,834,851.66 in the previous period, indicating a decrease of approximately 44%[22] - The net cash flow from financing activities was $152,450,411.28, compared to $135,663,372.21, showing an increase of approximately 12%[22] - The ending balance of cash and cash equivalents reached $991,212,090.21, compared to $820,410,359.04 at the end of the previous period, reflecting an increase of about 21%[22] Assets and Liabilities - Total assets increased by 3.46% to ¥7,288,952,971.35 from ¥7,045,471,402.41 at the end of the previous year[5] - Total liabilities as of March 31, 2025, were RMB 4,089,986,557.33, compared to RMB 3,895,607,556.81 at the end of 2024, marking an increase of about 5.0%[15] - The total equity attributable to shareholders was RMB 3,193,477,590.47, compared to RMB 3,146,815,238.21, indicating a growth of about 1.5%[15] Research and Development - Research and development expenses totaled ¥62,963,295.87, which is 16.80% higher than ¥53,907,295.88 in the previous year, accounting for 7.23% of operating revenue[5] - Research and development expenses increased to ¥62,963,295.87 in Q1 2025, up from ¥53,907,295.88 in Q1 2024, indicating a focus on innovation[18] Shareholder Information - The top ten shareholders hold a combined 34.61% of the company's shares, with the largest shareholder owning 8.42%[10] Future Outlook - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[7]

证券代码：688518 证券简称：联赢激光 | | | 深圳市联赢激光股份有限公司 2024 年年度股东大会会议资料 二零二五年五月 1 深圳市联赢激光股份有限公司 2024 年年度股东大会会议资料 深圳市联赢激光股份有限公司 2024 年年度股东大会会议资料 深圳市联赢激光股份有限公司 2024年年度股东大会会议须知 为了维护全体股东的合法权益，确保股东大会的正常秩序及议事效率，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 市公司股东大会规则》以及《深圳市联赢激光股份有限公司章程》《深圳市联赢 激光股份有限公司股东大会议事规则》等相关规定，深圳市联赢激光股份有限公 司（以下简称"公司"）特制定2024年年度股东大会会议须知： 一、为确认出席大会的股东或其代理人或其他出席者的出席资格，会议工作 人员将对出席会议者的身份进行必要的核对工作，请被核对者给予配合。出席会 议的股东及股东代理人须在会议召开前30分钟到会议现场办理签到手续，并请按 规定出示证券账户卡、身份证明文件或法人单位证明、授权委托书等，经验证后 方可出席会议。 二、为保证本次大会的严肃性和正常秩序，切实维护与会股 ...

Core Viewpoint - The company reported a revenue of 870 million yuan for Q1 2025, representing a year-on-year growth of 19.54% and a net profit of 46.92 million yuan, which is a significant increase of 65.12% compared to the previous year [1] Financial Performance - Revenue for Q1 2025 reached 870 million yuan, marking a 19.54% increase year-on-year [1] - Net profit for the same period was 46.92 million yuan, reflecting a 65.12% year-on-year growth [1]

Core Viewpoint - The company reported a decline in revenue and net profit for 2024, but there are optimistic projections for growth in 2025 driven by lithium battery and non-lithium businesses [1][3]. Financial Performance - In 2024, the company achieved revenue of 3.15 billion yuan, a year-on-year decrease of 10.33% - The net profit attributable to shareholders was 166 million yuan, down 42.18% year-on-year - The gross margin was 30.51%, a decrease of 2.42 percentage points year-on-year - The net profit margin was 5.06%, down 3.09 percentage points year-on-year - In Q4 2024, revenue was 950 million yuan, a year-on-year decrease of 0.84% but an increase of 27.67% quarter-on-quarter - The net profit for Q4 2024 was 71 million yuan, up 109% year-on-year and 62% quarter-on-quarter [1]. Business Segments - The company secured new orders worth 3 billion yuan in 2024, with non-lithium business orders accounting for 38%, an increase of 13 percentage points year-on-year - As of the end of 2024, the backlog of orders was 3.5 billion yuan, a year-on-year decrease of 14% - In the lithium battery sector, revenue was 2.253 billion yuan, down 23.75% year-on-year, with a gross margin of 25.05%, down 3.54 percentage points year-on-year - In the consumer electronics sector, revenue was 551 million yuan, up 262% year-on-year, with a gross margin of 48.12%, up 2.6 percentage points year-on-year - In the automotive and hardware sector, revenue was 194 million yuan, down 16.2% year-on-year, with a gross margin of 36.23%, down 4.63 percentage points year-on-year [2]. Future Outlook - In 2025, the company is expected to benefit from the recovery of major lithium battery clients and continued expansion in overseas and non-lithium businesses - The lithium battery sector is anticipated to see an increase in order amounts and profitability due to the acceleration of production by leading clients - The company plans to enhance its international presence and expand market share in various sectors, including semiconductors, automotive electronics, connectors, relays, and hydrogen fuel cells - The semiconductor subsidiary is expected to introduce new equipment in optical communication and IGBT sectors, potentially becoming a new growth driver for the company - Revenue projections for 2025-2027 are 3.6 billion, 4.4 billion, and 5 billion yuan, with net profits of 228 million, 338 million, and 417 million yuan, reflecting year-on-year growth rates of 38%, 48%, and 23% respectively [3].

2025年4月16日，联赢激光发布了2024年年报。报告显示，公司全年实现营业收入31.50亿元，同比下降 10.33%；归属于上市公司股东的净利润为1.66亿元，同比大幅下降42.18%；扣非净利润为1.31亿元，同 比下降47.75%。尽管公司在非锂电业务和海外市场布局上取得了一定进展，但整体业绩表现不佳，尤 其是净利润的大幅下滑，凸显了公司在市场竞争和行业波动中的脆弱性。 1.业绩大幅下滑，锂电行业拖累明显 联赢激光2024年的业绩表现令人担忧。营业收入同比下降10.33%，净利润更是暴跌42.18%，扣非净利 润的降幅更是接近50%。这一业绩下滑的主要原因是下游锂电行业投资放缓以及市场竞争加剧。锂电行 业作为公司的主要收入来源，其订单毛利率的下滑直接影响了公司的盈利能力。此外，公司基于谨慎性 原则，增加了应收账款坏账准备和存货跌价准备的计提，进一步压缩了利润空间。 值得注意的是，公司在锂电行业的市场份额虽然依然稳固，但行业整体投资放缓的趋势短期内难以逆 转。公司在这一领域的收入占比高达84.12%，这意味着锂电行业的波动对公司整体业绩的影响尤为显 著。尽管公司在非锂电业务上加大了拓展力度，但短期内难以 ...

Investment Rating - The investment rating for the company is "Buy" (maintained) [1] Core Views - The company's performance met expectations, with significant growth in the consumer electronics business driving an increase in the non-lithium battery segment [7] - The company reported a total revenue of 3.15 billion yuan for 2024, a year-over-year decrease of 10.33%, and a net profit of 166 million yuan, down 42.18% year-over-year [4][7] - The company is focusing on expanding its non-lithium battery market and optimizing its business structure, with a notable increase in orders from the non-lithium battery sector [7] Financial Data and Profit Forecast - The company’s total revenue is projected to grow from 3.15 billion yuan in 2024 to 4.79 billion yuan by 2027, with a compound annual growth rate of approximately 17% [6][8] - The net profit is expected to rebound from 166 million yuan in 2024 to 655 million yuan in 2027, reflecting a significant recovery in profitability [6][8] - The gross margin is forecasted to improve from 30.5% in 2024 to 35.2% in 2027, indicating a positive trend in profitability [6][8] Business Segmentation - The revenue breakdown for 2024 shows a significant increase in the consumer electronics segment, which generated 551 million yuan, a year-over-year growth of 261.95% [7] - The lithium battery segment saw a revenue decline of 23.75%, while the automotive and hardware segments also experienced decreases [7] - The company is actively developing new applications in the semiconductor and photovoltaic sectors to create new growth points [7]