华海诚科 2023 年年度股东大会 法律意见书 江苏世纪同仁律师事务所 关于江苏华海诚科新材料股份有限公司 2023 年年度股东大会的法律意见书 江苏华海诚科新材料股份有限公司: 根据《公司法》《证券法》和中国证监会发布的《上市公司股东大会规则》 等法律、法规和规范性文件以及《公司章程》的规定,本所受公司董事会的委托, 指派本所律师出席公司 2023年年度股东大会,并就本次股东大会的召集、召开 程序、出席会议人员资格、召集人资格、表决程序以及表决结果的合法有效性等 事项出具法律意见。 为出具本法律意见书,本所律师对本次股东大会所涉及的有关事项进行了审 查,查阅了相关会议文件,并对有关问题进行了必要的核查和验证。 本所律师同意将本法律意见书随公司本次股东大会决议一并公告,并依法对 本法律意见书承担相应的责任。 本所律师根据相关法律、法规和规范性文件的要求,按照律师行业公认的业 务标准、道德规范和勤勉尽责精神,出具法律意见如下: 一、关于本次股东大会的召集、召开程序 1.本次股东大会的召集 本次股东大会由董事会召集。2024年4月1日,公司召开了第三届董事会 第十二次会议,决定于 2024年 4 月 22 日召开 ...

证券代码：688535 证券简称：华海诚科 公告编号：2024-015 江苏华海诚科新材料股份有限公司 2023 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） 股东大会召开的时间：2024 年 4 月 22 日 （二） 股东大会召开的地点：江苏华海诚科新材料股份有限公司 308 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 | 11 | | --- | --- | | 普通股股东人数 | 11 | | 2、出席会议的股东所持有的表决权数量 | 29,566,599 | | 普通股股东所持有表决权数量 | 29,566,599 | | 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 | 36.6392 | | 比例（%） | | | 普通股股东所持有表决权数量占公司表决权数量的比例 | 36.6392 | | （%） | ...

光大证券股份有限公司关于江苏华海诚科新材料股份有限公司 2023年度持续督导跟踪报告 | 保荐机构名称：光大证券股份有限公司 | 被保荐公司名称：江苏华海诚科新材料股份有限公司 | | --- | --- | | 保荐代表人姓名：王如意 | 联系方式：021-22169999 | | | 联系地址：上海市静安区新闸路 1508 号 | | 保荐代表人姓名：岑圣锋 | 联系方式：021-22169999 | | | 联系地址：上海市静安区新闸路 1508 号 | 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》 等有关法律、法规的规定，光大证券股份有限公司（以下简称"光大证券"或"保 荐机构"）作为江苏华海诚科新材料股份有限公司（以下简称"华海诚科""公司"） 持续督导工作的保荐机构，负责华海诚科上市后的持续督导工作，并出具 2023 年度 持续督导跟踪报告。 一、持续督导工作的情况 | 序号 | 工作内容 | 持续督导工作情况 | | --- | --- | --- | | 1 | | 保荐机构已建立健全并有效执 | | | 建立健全并有效执行持续督导工作制度，并针对具 | 行了持续督 ...

江苏华海诚科新材料股份有限公司 2023 年年度股东大会会议资料 证券代码：688535 证券简称：华海诚科 江苏华海诚科新材料股份有限公司 2024 年 4 月 2023 年年度股东大会 会议资料 | | | | 江苏华海诚科新材料股份有限公司 1 | | --- | | 2023 年年度股东大会会议须知 1 | | 江苏华海诚科新材料股份有限公司 3 | | 2023 年年度股东大会会议议程 3 | | 江苏华海诚科新材料股份有限公司 5 | | 2023 年年度股东大会会议议案 5 | | 议案一 5 | | 关于公司 2023 年度董事会工作报告的议案 5 | | 议案二 6 | | 关于公司 2023 年度监事会工作报告的议案 6 | | 议案三 7 | | 关于公司 2023 年年度报告及其摘要的议案 7 | | 议案四 8 | | 关于公司 2023 年度财务决算及 2024 年度财务预算报告的议案 8 | | 议案五 9 | | 关于公司 2023 年度利润分配的议案 9 | | 议案六 11 | | 关于修订《募集资金管理制度》的议案 11 | | 议案七 12 | | 关于修订《董事会议事 ...

证券代码：688535 证券简称：华海诚科 投资者关系活动记录表 √特定对象调研 □分析师会议 □媒体采访 □业绩说明会 投资者关系活 □新闻发布会 £路演活动 动类别 √现场参观 £电话会议 □其他 （请文字说明其他活动内容） 参与单位名称 中银国际证券、西部证券、北京鸿道投资管理、国联安基金管 理、野村东方国际证券 及人员姓名 会议时间 2024年 4月 11日10：00-12：00 会议地点 现场 ...

Investment Rating - The investment rating for the company is maintained at "Neutral" [1][34]. Core Views - The report highlights that the company has passed multiple customer assessments for its products GMC, FC, and LMC, indicating strong client validation [1][17]. - The company is positioned as a significant domestic supplier of epoxy encapsulation materials and electronic adhesives, with a focus on breaking overseas monopolies in the semiconductor packaging materials sector [9][21]. Financial Summary - Revenue for 2022 was 303 million yuan, with a decline to 283 million yuan in 2023, but projected to recover to 324 million yuan in 2024E, reflecting a year-on-year growth of 14.7% [2][3]. - Net profit decreased from 41 million yuan in 2022 to 32 million yuan in 2023, with expectations of recovery to 36 million yuan in 2024E, showing a growth of 14.7% [2][3]. - The company’s EPS is projected to increase from 0.39 yuan in 2023 to 0.45 yuan in 2024E [2][3]. Product and Market Insights - The company’s main products include epoxy encapsulation materials and electronic adhesives, with a significant focus on the advanced packaging sector [9][19]. - Revenue from epoxy encapsulation materials is expected to grow at a rate of 12.7% in 2024E, followed by 17.6% in 2025E and 2026E [9][20]. - The electronic adhesive segment is projected to see substantial growth, with expected increases of 37.8% in 2024E and 48.4% in both 2025E and 2026E [19][20]. Valuation and Market Position - The report estimates the company's reasonable market value range to be between 32.66 billion yuan and 36.29 billion yuan, translating to a per-share value of 40.48 yuan to 44.97 yuan [21][34]. - The company is expected to maintain a competitive edge in the domestic market due to its innovative capabilities and product offerings [9][21].

Investment Rating - The report maintains an "Accumulate" rating for Huahai Chengke (688535.SH) [8] Core Views - The company experienced a revenue decline of 6.70% year-on-year in 2023, with total revenue of 283 million yuan and a net profit attributable to shareholders of 31.64 million yuan, down 23.26% year-on-year [8][24] - High R&D investment has pressured the company's overall performance, but revenue and capacity utilization have shown a quarterly recovery since Q2 2023 [8][24] - The company is positioned as a leading domestic manufacturer of epoxy molding compounds, with a focus on advanced packaging materials, and is expected to benefit from the acceleration of domestic substitution processes [24] Financial Forecasts and Valuation Data - Revenue forecasts for 2024 to 2026 are adjusted to 351 million yuan, 442 million yuan, and 530 million yuan, with growth rates of 24.2%, 25.7%, and 20.0% respectively [24] - Net profit forecasts for the same period are 46 million yuan, 65 million yuan, and 84 million yuan, with growth rates of 44.4%, 41.8%, and 29.6% respectively [24] - The company’s P/E ratios are projected to be 118.8, 83.8, and 64.7 for 2024, 2025, and 2026 respectively [24][25]

Investment Rating - The report assigns a "Buy" rating to the company, expecting a relative increase of over 15% in stock price compared to the benchmark index over the next 6 to 12 months [13]. Core Insights - The company has shown resilience in a challenging market, with a slight revenue decline of 6.7% year-on-year in 2023, achieving approximately 283 million in revenue [11][12]. - The net profit for 2023 was approximately 31.64 million, reflecting a significant year-on-year decrease of 23.26% [11]. - The company is focusing on advanced packaging materials, with products like GMC and bottom filling glue expected to see increased production [11][12]. - The report highlights the company's strong R&D efforts, particularly in advanced packaging, which is anticipated to drive future growth [11]. Financial Summary - Revenue for 2023 was approximately 283 million, with a projected increase to 345 million in 2024, representing a growth rate of 22% [11]. - The net profit is expected to recover to approximately 51.78 million in 2024, indicating a growth rate of 64% compared to 2023 [11]. - The gross margin for 2023 was reported at 26.88%, with a slight decrease of 0.13 percentage points year-on-year [11]. - The company’s total assets are projected to grow from 1,230 million in 2023 to 1,320 million in 2024 [16]. Market Position - The company is positioned as a leader in epoxy encapsulation materials in China, with a focus on high-barrier and difficult-to-validate advanced packaging products, which are expected to provide growth elasticity and scarcity in the market [11].

Financial Performance - The proposed cash dividend for 2023 is RMB 3.00 per 10 shares, totaling RMB 24,208,935.90, which represents 76.52% of the net profit attributable to shareholders[5]. - The company has not achieved profitability since its listing[4]. - The annual profit distribution plan has been approved by the board and will be submitted for shareholder approval[5]. - The company's operating revenue for 2023 was CNY 282.90 million, a decrease of 6.70% compared to CNY 303.22 million in 2022[23]. - Net profit attributable to shareholders for 2023 was CNY 31.64 million, down 23.26% from CNY 41.23 million in 2022[23]. - Basic earnings per share for 2023 were CNY 0.42, a decrease of 38.24% from CNY 0.68 in 2022[24]. - The company's total assets reached CNY 1.23 billion at the end of 2023, an increase of 143.32% from CNY 505.71 million at the end of 2022[23]. - The company reported a non-recurring loss of RMB 13,476.81 in asset disposal for 2023[27]. - The total non-recurring profit for the year was RMB 4,241,954.29, down from RMB 6,043,269.85 in 2022[28]. - The company’s net profit attributable to shareholders increased significantly to CNY 1.03 billion at the end of 2023, up 171.17% from CNY 378.83 million at the end of 2022[23]. Revenue Growth and Projections - The company reported a significant increase in revenue for the fiscal year 2023, reaching RMB 1.2 billion, representing a growth of 25% year-over-year[16]. - User data indicates a 30% increase in active users, totaling 500,000 users by the end of 2023[16]. - The company projects a revenue growth of 20% for the next fiscal year, aiming for RMB 1.44 billion[16]. - New product launches are expected to contribute an additional RMB 200 million in revenue, with a focus on advanced packaging technologies[16]. - The company is expanding its market presence in Southeast Asia, targeting a 15% market share by 2025[16]. Research and Development - Research and development expenses increased by 10%, totaling RMB 150 million, to enhance product innovation[16]. - The R&D expenditure as a percentage of operating revenue increased to 8.71% in 2023, up from 6.03% in 2022, reflecting a focus on innovation[24]. - The company achieved a 34.77% increase in R&D expenses, totaling ¥24,644,060.20 compared to ¥18,285,883.79 in the previous year[57]. - The company is focusing on technological and product innovation in the semiconductor packaging materials sector to maintain competitive advantages[33]. - The company has developed various models of packaging materials for advanced packaging applications, enhancing its technological capabilities through collaboration with domestic universities[35]. Market and Competitive Landscape - The semiconductor materials market is experiencing growth driven by demand from sectors such as 5G, AI, and electric vehicles[32]. - The global advanced packaging market is projected to grow from $44.3 billion in 2022 to $78.6 billion by 2028, with a compound annual growth rate (CAGR) of 10.6%, significantly outpacing traditional packaging growth[51]. - The company’s epoxy encapsulant holds approximately 90% market share in the semiconductor packaging materials market, but its overall market share is still below 5% compared to foreign leading manufacturers[86]. - The company is experiencing competitive pressure from foreign manufacturers who dominate the high-end packaging materials market, affecting its market share and financial performance[84]. Risk Factors - The company has described potential risks in the "Management Discussion and Analysis" section, specifically in the "Risk Factors" part[4]. - The company faces risks related to the slow pace of product validation and the need to meet stringent customer requirements, which could impact revenue growth[80]. - The company is aware of the potential risks associated with customer acquisition, as the long validation periods for new products can hinder market expansion[83]. - The company is exposed to financial risks, including accounts receivable collection risks and fluctuations in gross profit margins[89][90]. - Changes in tax incentive policies could adversely affect the company's operating performance if it loses its high-tech enterprise status[91]. Corporate Governance - The company has established a comprehensive governance structure, including a board of directors with 7 members, 3 of whom are independent directors, ensuring effective decision-making[140]. - The company emphasizes compliance and safety in its operations, aiming for zero accidents while enhancing management processes[137]. - The company has implemented a robust investor relations management system to ensure effective communication with shareholders and protect their rights[142]. - The company has established a stable and scientific return mechanism for investors, balancing shareholder interests with funding needs for sustainable development[170]. Environmental and Social Responsibility - The company has established an environmental protection management system and has obtained ISO14001 certification[192]. - The company emphasizes energy conservation and has implemented measures such as using clean energy and optimizing equipment to reduce energy consumption[190]. - The company actively engages in ESG management, integrating it into overall strategic planning and performance monitoring[185]. - The company has not reported any environmental accidents during the reporting period, reflecting its commitment to environmental responsibility[195].

江苏华海诚科新材料股份有限公司 2023 年度审计报告 www.zhcpa.cn 中国杭州市线江新城新业路8号UDC时代大厦A座5-8层、12层、23层 Floors 5-8, 12 and 23, Block A. UDC Times Building No 8 Xinye Road, Quanj ang New City, Hangzhou. Tall 0571-88879999 Fax 0571-88879000 您可使用手机"扫一扫"或进入"注册会计师行业统一监管平台（http://ac.mof.gov.cn）"进行整治 " 中汇会审[2024]2658号 江苏华海诚科新材料股份有限公司全体股东: 一、审计意见 我们审计了江苏华海诚科新材料股份有限公司(以下简称华海诚科公司)财务 报表,包括2023年12月31日的合并及母公司资产负债表,2023年度的合并及母公 司利润表、合并及母公司现金流量表、合并及母公司所有者权益变动表以及财务 报表附注。 审计报告 目 s w | | 页 次 | | --- | --- | | 一、审计报告 | 1-5 | | 二、财务报表 | 6-17 | | (一) 合并资 ...