Core Viewpoint - The company Si Rui Pu (688536) has announced the launch of its new product, ASN (Automotive Sensor Network), which is a high-reliability, long-distance vehicle audio bus chip designed for smart cockpit audio systems [1][3]. Group 1: Product Features - ASN addresses challenges such as cable weight, cost, wiring difficulties, and reliability of multiple connections by enabling advanced audio and acoustic applications in the automotive sector [1]. - The product supports functionalities like audio ECU, active noise cancellation, road noise reduction, audio zoning, and emergency call eCall, facilitating echo cancellation and active noise control (ANC) [1]. - By utilizing fewer cables, ASN reduces system and cable costs, weight, and complexity, ultimately lowering the overall vehicle weight and improving driving range [1]. Group 2: Market Application - ASN is also applicable in conference and teaching systems, providing flexible and efficient audio solutions [2]. - The product is currently in the mass production phase and has passed client product validation [3]. Group 3: Strategic Impact - The launch of ASN enriches the company's mixed-signal chip product line and enhances its competitive position in the automotive audio product sector [3]. - This development is beneficial for achieving domestic substitution in the automotive audio product field [3].

| 证券代码：688536 | 证券简称：思瑞浦 | 公告编号：2024-093 | | --- | --- | --- | | 转债代码：118500 | 转债简称：思瑞定转 | | 公司本次发布的ASN采用了高速高泄放能力SCR ESD器件设计、功耗最优高速 收发器的设计、编码方式和低噪声时钟恢复优化、高压Power Over Cable（以下 简称POC）设计和初始化流程管理等技术，具有良好的性能和可靠性。ASN可以支 持12级麦克风级联，具备良好的总线供电能力。在支持49.152Mbps速率的同时， ASN产品初始化速度快，采用并行发现，一次配置，一次调度等待。ASN产品具备 线缆诊断和调试功能，比如采用节点换回技术和开路故障点定位技术，方便客户 开展技术维护工作。 二、新产品对公司的影响 ASN目前处于量产发布阶段，已通过客户端产品验证。ASN的良好的性能和可 靠性，有助于实现远程节点POC供电，协助客户实现路噪降噪和主动降噪方案。 1 本次新产品发布，丰富了公司数模混合芯片产品线，完善了公司在汽车音频产品 领域的布局，提高了公司在该领域的竞争力，有利于实现该领域产品国产替代。 思瑞浦微电子科技（苏 ...

Group 1: Company Overview and Performance - The company, Si Rui Pu Microelectronics Technology (Suzhou) Co., Ltd., is listed under stock code 688536 and is involved in specific investor relations activities [1]. - The investor relations event took place from November 13 to November 15, 2024, with approximately 55 participants from various institutions [1]. - The company provided an overview of its operations for the first three quarters of 2024 [1]. Group 2: Recruitment and Growth Strategy - The company plans to dynamically adjust its recruitment strategy based on short-term operational conditions and long-term development needs, focusing on internal training and external hiring [1]. - The aim is to continuously enhance the team structure to meet product development and market expansion needs, thereby improving management efficiency [1]. Group 3: Mergers and Acquisitions - The company has a dedicated team to monitor and promote suitable industrial mergers and acquisitions, emphasizing the synergy between external and internal growth [1]. - Key considerations for new acquisition targets include product and technology compatibility, as well as market and customer resource integration [1].

| 证券代码：688536 | 证券简称：思瑞浦 | 公告编号：2024-092 | | --- | --- | --- | | 转债代码：118500 | 转债简称：思瑞定转 | | 思瑞浦微电子科技（苏州）股份有限公司 2024 年第四次临时股东大会决议公告 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 11 月 15 日 （二） 股东大会召开的地点：上海市浦东新区张东路 1761 号（创企天地）2 号 楼 4 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 | 78 | | --- | --- | | 普通股股东人数 | 78 | | 2、出席会议的股东所持有的表决权数量 | 60,480,735 | | 普通股股东所持有表决权数量 | 60,480,735 | | 3、出席会议的股东所持有表决权数量占公司表决 ...

国浩律师（上海）事务所 关 于 思瑞浦微电子科技（苏州）股份有限公司 2024 年第四次临时股东大会 之 法律意见书 上海市北京西路 968 号嘉地中心 27 层 邮编：200041 27th Floor, Garden Square, No. 968 West Beijing Road, Shanghai 200041, China 电话/Tel: +86 21 5234 1668 传真/Fax: +86 21 5234 1670 网址/Website: http://www.grandall.com.cn 二零二四年十一月 国浩律师（上海）事务所 关于思瑞浦微电子科技（苏州）股份有限公司 2024 年第四次临时股东大会之法律意见书 致：思瑞浦微电子科技（苏州）股份有限公司 受思瑞浦微电子科技（苏州）股份有限公司（以下简称"公司"）委托，国 浩律师（上海）事务所（以下简称"本所"）指派律师出席了公司于 2024 年 11 月 15 日召开的 2024 年第四次临时股东大会，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》"）等法律、法规及中国证券监 ...

Group 1: Company Overview and Performance - The company, Si Rui Pu Microelectronics Technology (Suzhou) Co., Ltd., is listed under stock code 688536 and has conducted an investor relations activity from November 5 to November 7, 2024 [1]. - The event included participation from 28 institutions, such as Jiashi Fund and Penghua Fund, along with online investors [1]. Group 2: Cost Optimization and Supply Chain - The company indicated that the wafer prices from major foundries have returned to market levels, suggesting potential for cost improvements in the short term [1]. - The establishment of a dual-circulation supply chain system is underway, with expectations for enhanced capacity structure and product cost improvements as state-owned capacity increases and the 12-inch proprietary process platform is completed [1]. Group 3: Market Demand and Sales Performance - The wireless communication sector is stabilizing as the 5G construction phase concludes, with demand gradually recovering as client inventories are digested [2]. - The automotive market has shown good growth in Q3 2024, with plans to expand product categories and market share through the introduction of various signal chain and power management products [2]. Group 4: Pricing Strategy and Profitability - Since Q2, the average selling price and gross margin of the company's products have increased for two consecutive quarters [2]. - The company aims to maintain and improve product pricing and gross margin through flexible pricing strategies based on market competition and customer demand [2]. Group 5: International Expansion - The company is making steady progress in building teams, expanding customer bases, and developing channels for its overseas business [2].

Investment Rating - The investment rating for the company is "Accumulate" (maintained) [1] Core Views - The company has shown a continuous recovery trend in Q3, with significant growth in the signal chain segment and successful acquisition of Chuangxinwei, enhancing its power management capabilities [2][3] - In the first three quarters of 2024, the company achieved revenue of 848 million yuan, a year-on-year increase of 4.31%, while the net profit attributable to the parent company was -99 million yuan, with a gross margin of 49.46%, down 4.11 percentage points year-on-year [2][3] - The company completed the acquisition of Chuangxinwei on October 22, 2024, which is expected to strengthen its competitive advantage in power management and enhance product performance and technical service capabilities [2][3] Financial Performance Summary - In Q3 2024, the company achieved revenue of 342 million yuan, a quarter-on-quarter increase of 11.37% and a year-on-year increase of 69.76%, with a gross margin of 51.60%, up 3.31 percentage points quarter-on-quarter and 1.58 percentage points year-on-year [2][3] - The projected net profits for 2024-2026 are -23 million yuan, 108 million yuan, and 296 million yuan, respectively, with corresponding EPS of -0.17, 0.82, and 2.23 yuan [2][3] - The company’s revenue is expected to grow from 1.094 billion yuan in 2023 to 2.365 billion yuan in 2026, with a year-on-year growth rate of 41.0% in 2026 [3][4]

思瑞浦微电子科技（苏州）股份有限公司 2024 年第四次临时股东大会会议资料 证券代码：688536 证券简称：思瑞浦 思瑞浦微电子科技（苏州）股份有限公司 2024 年第四次临时股东大会会议资料 会议召开时间：2024 年 11 月 15 日 1 思瑞浦微电子科技（苏州）股份有限公司 2024 年第四次临时股东大会会议资料 目 录 | 2024 | 年第四次临时股东大会会议须知 3 | | --- | --- | | 2024 | 年第四次临时股东大会会议议程 5 | | 2024 | 年第四次临时股东大会会议议案 6 | | | 议案一：关于变更公司 2024 年度财务及内部控制审计机构的议案 6 | 2 思瑞浦微电子科技（苏州）股份有限公司 2024 年第四次临时股东大会会议资料 2024 年第四次临时股东大会会议须知 为了维护全体股东的合法权益，确保股东大会的正常秩序和议事效率，保证 大会的顺利进行，根据《中华人民共和国公司法》（以下简称"《公司法》"）《中 华人民共和国证券法》（以下简称"《证券法》"）《上市公司股东大会规则》以及 《思瑞浦微电子科技（苏州）股份有限公司章程》（以下简称"《公司章程》 ...

国浩律师（上海）事务所 关于 思瑞浦微电子科技（苏州）股份有限公司 发行可转换公司债券及支付现金购买资产 并募集配套资金 之 交易实施情况的 法律意见书 上海市北京西路 968 号嘉地中心 27 层 邮编：200041 27th Floor, Garden Square, No. 968 West Beijing Road, Shanghai 200041, China 电话/Tel: +86 21 5234 1668 传真/Fax: +86 21 5243 3320 网址/Website: http://www.grandall.com.cn 二〇二四年十一月 | 第一节 | 引言 3 | | --- | --- | | 第二节 | 正文 5 | | 一、本次交易方案概述 5 | | | 二、本次交易的批准与授权 6 | | | 三、本次交易标的实施情况 7 | | | 四、本次交易实际情况与此前信息披露的差异情况 8 | | | 五、董事、监事、高级管理人员的更换情况及其他相关人员的调整情况 9 | | | 六、关联方资金占用及关联担保情况 9 | | | 七、相关协议及承诺的履行情况 10 | | | ...