2021 年限制性股票激励计划 预留授予第三个归属期归属条件成就及 作废部分限制性股票的 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 2021 年限制性股票激励计划 预留授予第三个归属期归属条件成就及 作废部分限制性股票的 法律意见 北京市天元律师事务所 北京市西城区金融大街 35 号国际企业大厦 A 座 509 单元 邮编：100033 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 法律意见 京天股字（2021）第 202-9 号 致：深圳市联赢激光股份有限公司 北京市天元律师事务所（以下简称"本所"）接受深圳市联赢激光股份有限 公司（以下简称 "公司"）委托，担任公司 2021 年限制性股票激励计划（以下 简称"本次激励计划"）的专项中国法律顾问并出具法律意见。 本所及经办律师依据《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》"）、《律师事务所从事证券法律 业务管理办法》《上市公司股权激励管理办法》《科创板上市公司自律监管指南第 4 号——股权激励信息披露》等法律、法规和规范性文件的规定及本法律意见出 具日以前已经发生或者存在的事实， ...

证券代码：688518 证券简称：联赢激光 公告编号:2024-040 深圳市联赢激光股份有限公司 关于部分募投项目延期的公告 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。 2024 年 12 月 30 日，深圳市联赢激光股份有限公司（以下简称"联赢激光" 或"公司"）召开第五届董事会第五次会议、第五届监事会第四次会议，审议通 过《关于部分募投项目延期的议案》，将公司向特定对象发行股票募集资金投资 项目"高精密激光器及激光焊接成套设备产能建设项目"（以下简称"募投项目"） 的建设期延长至 2025 年 6 月。本次部分募投项目延期未改变募投项目的建设内 容、投资用途、投资总额和实施主体。保荐人中信证券股份有限公司（以下简 称"中信证券"）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，现将部分募投项目延期的具体情况公告如下： 一、募集资金基本情况 根据中国证券监督管理委员会证监许可〔2022〕2965 号文核准，并经上海 证券交易所同意，本公司由主承销商中信证券股份有限公司采用竞价方式，向 特定对象非公 ...

证券代码：688518 证券简称：联赢激光 公告编号:2024-041 深圳市联赢激光股份有限公司 关于开展外汇衍生品交易业务的公告 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： 为减少外汇汇率波动带来的风险，降低汇率波动对公司经营业绩的影响， 深圳市联赢激光股份有限公司（以下简称"公司"）及控股子公司拟使用自有资 金开展外汇衍生品业务，预计交易额度不超过6亿人民币（或等值其他货币）， 动用的交易保证金和权利金上限（包括为交易而提供的担保物价值、预计占用的 金融机构授信额度、为应急措施所预留的保证金等）为4,500万元人民币（或等 值其他货币）。交易业务主要包括但不限于：外汇远期、外汇期权、外汇掉期等 结构相对简单透明、流动性强、风险可认知、市场有公开参考价格、不超过12 个月的外汇衍生工具，不从事复杂嵌套、与不可控因素挂钩的外汇衍生工具交易。 公司开展外汇衍生品交易业务的交易对手为具有外汇衍生品交易业务经营资格、 经营稳健且资信良好的国内和国际性金融机构。上述交易额度自公司董事会审议 通过之日起12个月 ...

证券代码：688518 证券简称：联赢激光 公告编号：2024-042 深圳市联赢激光股份有限公司 关于获得政府补助的公告 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。 二、补助的类型及对上市公司的影响 根据《企业会计准则第 16 号-政府补助》的有关规定，确认与收益相关的政 府补助为 4,705.68 万元，与资产相关的政府补助为 529.99 万元。上述政府补助 未经审计，具体的会计处理及对公司 2024 年度损益的影响，最终以审计机构年 度审计确认后的结果为准，敬请投资者注意投资风险。 特此公告。 深圳市联赢激光股份有限公司董事会 2024 年 12 月 31 日 一、获得补助的基本情况 深圳市联赢激光股份有限公司（以下简称 "公司"）及全资子公司深圳市 联赢软件有限公司、江苏联赢激光有限公司、惠州市联赢科技有限公司、四川联 赢智光科技有限公司、江苏联赢半导体技术有限公司、江苏创赢光能科技有限公 司自 2024 年 1 月 1 日至 2024 年 12 月 27 日，累计获得政府补助款项人民币 5,235.67 万 ...

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： 限制性股票拟归属数量：7.52 万股 归属股票来源：向激励对象定向发行的深圳市联赢激光股份有限公司（以 下简称"公司"）人民币 A 股普通股股票 证券代码：688518 证券简称：联赢激光 公告编号：2024-038 深圳市联赢激光股份有限公司 2021 年限制性股票激励计划 预留授予部分第三个归属期符合归属条件的公告 一、本次股权激励计划批准及实施情况 （一）本次股权激励计划方案及履行的程序 1、本次股权激励计划主要内容 （3）授予价格（调整后）：7.04 元/股 （4）激励人数：首次授予 314 人，预留部分授予 48 人 （5）具体的归属安排如下： 首次授予的限制性股票的归属安排如下表所示： | 归属安排 | 归属期间 | | 归属比例 | | --- | --- | --- | --- | | 第一个归属期 | 自首次授予部分限制性股票授予日起 | 12 个月后的首 | 30% | | | 个交易日起至首次授予部分限制性股票授予日起 24 | | | ...

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 部分募投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"）的持续督导机构，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（2022年修订）》 《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（2023年12 月修订）》等法律法规，对联赢激光部分募投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证监许可〔2022〕2965 号文核准，并经上海 证券交易所同意，公司由主承销商中信证券股份有限公司采用竞价方式，向特定 对象非公开发行股票 36,330,275 万股，发行价为每股人民币 27.25 元，共计募集 资金 98,999.99 万元，坐扣承销和保荐费用 1,435.50 万元后的募集资金为 97,564.49 万元，已由主承销商中信证券股份有限公司于 2023 年 1 月 17 日汇入 公司募集资金监管账户。另减除 ...

证券代码：688518 证券简称：联赢激光 公告编号：2024-035 深圳市联赢激光股份有限公司 关于参加 2024 年深圳辖区上市公司集体接待日活动暨召开 2024 年第三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个别及连带责任。 1 会议召开时间：2024 年 12 月 12 日(星期四)下午 14:30-17:00 会议召开地点："全景路演"网站（https://rs.p5w.net） 会议召开方式：网络互动 参加本次说明会的公司人员包括：董事长韩金龙先生，副董事长、总经理贾 松先生，副总经理、董事会秘书兼财务总监谢强先生，独立董事裴斐先生（如遇 特殊状况，参会人员可能进行调整，会议召开时将做出相关说明）。 四、投资者参加方式 重要内容提示： 投资者可于 2024 年 12 月 12 日(星期四) 登录"全景路演"网站 （https://rs.p5w.net），或关注微信公众号"全景财经"，或下载"全景路演" APP，参与本次互动交流。深圳市联赢激光股份有限公司（以下简称"公司"）将 通过本次活动，在信 ...

Key Points Industry Overview 1. **High Initial Investment Costs**: The initial investment for battery swapping stations, particularly for passenger cars and commercial vehicles, is significant. For passenger cars, it could be around 5 million USD, while for commercial vehicles, it could be around 10 million USD [1]. 2. **Interconnected Ecosystem**: The development of battery swapping stations is interconnected with the promotion of battery swapping vehicles by automakers and the willingness of third-party companies to invest in swapping stations [2]. 3. **Market Growth**: The battery swapping market has seen significant growth, with a decline in initial investment costs and the potential for standardization [3]. 4. **Complementary to Charging**: Battery swapping is considered complementary to charging rather than a replacement, offering efficiency, safety, and grid-friendliness [5][6]. 5. **Application in Different Segments**: Battery swapping is primarily applied in passenger cars and commercial vehicles, with different dynamics in each segment [8][12]. Passenger Cars 1. **NIO's Leadership**: NIO has been leading the passenger car battery swapping market, considering the overall vehicle experience and the introduction of battery separation models [8]. 2. **Battery Separation Models**: Battery separation models, like the BIS scheme, offer cost savings on initial vehicle purchase while incurring monthly rental costs [9]. 3. **Market Penetration**: The number of battery swapping stations is relatively low compared to charging stations, with NIO leading in terms of operational rates [10]. Commercial Vehicles 1. **Battery Swapping in Commercial Vehicles**: Battery swapping is gaining traction in the commercial vehicle segment, particularly in medium and short-range operations [12]. 2. **Economic Viability**: The economic viability of electric commercial vehicles, especially in medium and short-range operations, has improved compared to traditional fuel-based vehicles [12]. 3. **Leading Service Providers**: Origin Energy is a major service provider for commercial vehicle battery swapping stations, with an operational rate of around 80% [12]. Standards and Regulations 1. **Standardization Efforts**: Efforts are being made to develop standards for battery swapping, with the potential for approval in the first half of next year [3][18]. 2. **Customized Standards**: Standards are being developed for different vehicle types and operating environments [18]. Investment Opportunities 1. **Equipment Manufacturers**: Short-term investment opportunities may arise for equipment manufacturers benefiting from the accelerated construction of battery swapping stations by leading companies [4]. 2. **Battery Cost Reduction**: The decline in battery costs has led to a reduction in investment costs for battery swapping stations, making them more viable [20]. 3. **Open Partnership Models**: Open partnership models, similar to those in the charging industry, may boost investment enthusiasm in battery swapping stations [24]. 宁德时代 1. **EVGO Brand**: CATL has launched the EVGO brand for battery swapping services, using CATL's own battery technology [15]. 2. **Partnerships**: CATL has announced partnerships with various automakers, including BYD, VV, Beijing, and Changan, for battery swapping services [15][16]. 3. **Potential for Growth**: CATL's battery swapping business has the potential for significant growth, considering its position as a comprehensive energy solution provider [29]. 联姻激光 1. **Technical Capabilities**: Lumentum has the technical capabilities to enter the battery swapping equipment market, leveraging its expertise in precision laser welding and battery equipment [30][31]. 2. **Market Potential**: The battery swapping equipment market presents a growth opportunity for Lumentum, with potential for increased revenue and cost reduction [34]. 3. **Order Potential**: Lumentum may see significant order potential in the battery swapping equipment market, considering its existing order book and the expected growth in the market [48].

Investment Rating - The report maintains a "Buy" rating for the company, indicating a positive outlook for its performance relative to the market [6][10]. Core Insights - The company reported a revenue of 2.2 billion yuan for the first three quarters of 2024, reflecting a year-over-year decline of 13.88%. The net profit attributable to shareholders was 95 million yuan, down 62.46% year-over-year [6][9]. - The company is focusing on expanding its lithium battery business, with increasing overseas orders and new technology demands, particularly in solid-state batteries [8][10]. - Despite revenue pressures, the gross margin has improved sequentially, and the decline in profit has narrowed, indicating potential recovery in profitability [9][10]. Summary by Sections Market Data - Closing price: 20.36 yuan - One-year high/low: 24.00/11.07 yuan - Price-to-book ratio: 2.3 - Dividend yield: 0.74% - Circulating A-share market value: 6,948 million yuan [2]. Financial Data - Net asset per share: 9.01 yuan - Debt-to-asset ratio: 54.72% - Total shares: 341 million [3]. Performance Overview - Total revenue for 2024E is projected at 3,562 million yuan, with a growth rate of 1.4%. The net profit is expected to be 256 million yuan, reflecting a decline of 10.4% [7]. - The company anticipates a recovery in profitability with a projected net profit of 590 million yuan by 2026E, showing a growth rate of 49.2% [7][10]. Business Segments - The non-lithium battery business is gaining traction, with a higher order margin compared to lithium battery orders, contributing to an improved profit structure [9][10]. - The company has secured new orders worth 2.2 billion yuan in the first three quarters of 2024, with non-lithium orders accounting for 39% of the total [9].

Financial Performance - The company's operating revenue for Q3 2024 was ¥743,785,808.68, a decrease of 12.93% compared to the same period last year[2]. - The net profit attributable to shareholders for Q3 2024 was ¥43,569,534.86, down 18.57% year-on-year, while the year-to-date net profit decreased by 62.46% to ¥94,754,005.36[2][7]. - The basic earnings per share for Q3 2024 was ¥0.13, reflecting a decline of 18.75% compared to the previous year[2]. - The net profit excluding non-recurring gains and losses for Q3 2024 was ¥37,409,822.70, down 19.05% year-on-year[2]. - Net profit for the third quarter of 2024 was CNY 90,757,455.62, compared to CNY 252,544,536.55 in the same quarter of 2023, indicating a decline of 64.14%[15]. - The total comprehensive income for Q3 2024 is CNY 90,113,328.60, down from CNY 251,650,223.25 in Q3 2023, indicating a decrease of about 64.3%[16]. - The basic and diluted earnings per share for Q3 2024 are both CNY 0.28, compared to CNY 0.76 in Q3 2023, reflecting a decline of 63.2%[16]. Cash Flow and Liquidity - The net cash flow from operating activities for the year-to-date was negative at -¥331,791,868.44[2]. - The net cash flow from operating activities for the first three quarters of 2024 is -CNY 331,791,868.44, compared to -CNY 14,054,506.12 in the same period of 2023, indicating a worsening cash flow situation[17]. - Cash inflow from operating activities totaled CNY 1,784,858,963.56 for the first three quarters of 2024, down from CNY 1,891,533,017.88 in 2023, a decrease of approximately 5.7%[17]. - Cash outflow from operating activities increased to CNY 2,116,650,832.00 in 2024 from CNY 1,905,587,524.00 in 2023, representing an increase of about 11.1%[17]. - The net cash flow from investing activities for the first three quarters of 2024 is -CNY 433,899,019.72, compared to -CNY 276,728,933.86 in 2023, indicating a larger cash outflow[18]. - The net cash flow from financing activities for Q3 2024 is CNY 432,618,354.92, down from CNY 904,740,837.29 in Q3 2023, reflecting a decrease of approximately 52.2%[18]. - The ending cash and cash equivalents balance as of Q3 2024 is CNY 528,838,066.72, down from CNY 763,433,600.55 at the end of Q3 2023, a decline of about 30.8%[18]. Assets and Liabilities - Total assets at the end of Q3 2024 were ¥6,793,780,898.04, a decrease of 2.60% from the end of the previous year[4]. - The company's total assets were CNY 6,793,780,898.04, down from CNY 6,975,471,192.88, reflecting a decrease of 2.61%[13]. - Total liabilities decreased to CNY 3,717,222,323.31 from CNY 3,960,989,349.49, a reduction of 6.15%[13]. - Non-current assets totaled CNY 1,174,085,806.51, up from CNY 951,783,112.90 in the previous year, showing an increase of 23.49%[12]. - The company's equity attributable to shareholders increased to CNY 3,075,212,970.26 from CNY 3,013,683,357.00, marking a growth of 2.05%[13]. Research and Development - Research and development expenses totaled ¥55,109,406.70 in Q3 2024, representing 7.41% of operating revenue, an increase of 1.8 percentage points year-on-year[4]. - Research and development expenses for the first three quarters of 2024 amounted to CNY 168,420,121.52, an increase from CNY 153,553,615.03 in 2023, representing an increase of 9.06%[15]. - The company plans to continue focusing on R&D and market expansion despite the current financial challenges[2]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 16,143, with no preferred shareholders having restored voting rights[8]. - The company has no significant changes in the shareholding structure among the top ten shareholders compared to the previous period[9]. Operational Updates - The company has not disclosed any new product or technology developments in this report[10]. - There are no significant mergers or acquisitions reported during the quarter[10]. - The company has not provided specific future guidance or outlook in this report[10]. - There are no other important reminders regarding the company's operational situation during the reporting period[10].