一、董事会独立董事专门会议召开情况 青岛高测科技股份有限公司 第四届董事会独立董事专门会议第二次会议决议 表决结果：同意 3 票，反对 0 票，弃权 0 票。 （二）审议通过《关于作废2023年限制性股票激励计划部分已授予尚未归 属的限制性股票的议案》 经审议，独立董事认为：公司本次激励计划中部分激励对象因个人原因离 职已不具备激励对象资格，公司层面业绩考核目标未完成，公司对部分已获授 尚未归属的限制性股票进行作废处理，上述事项符合相关法律、法规和规范性 文件等及公司《2023 年限制性股票激励计划（草案）》及其摘要中的相关规定， 审议程序符合相关规定，不存在损害公司及股东利益的情形。 因此，我们一致同意公司作废部分已授予尚未归属的限制性股票。 表决结果：同意3票，反对0票，弃权0票。 独立董事：李雪、王辉、王文涛 2025 年 4 月 28 日 根据《上市公司独立董事管理办法》《上海证券交易所科创板股票上市规 则》《青岛高测科技股份有限公司章程》《青岛高测科技股份有限公司独立董 事工作制度》等相关法律、法规、部门规章、规范性文件及公司管理制度的有 关规定，青岛高测科技股份有限公司（以下简称"公司"）第四届董 ...

| 证券代码：688556 | 证券简称：高测股份 | 公告编号：2025-018 | | --- | --- | --- | | 转债代码：118014 | 转债简称：高测转债 | | 青岛高测科技股份有限公司 2024 年年度利润分配及资本公积转增股本方案的公 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： 不存在可能触及《上海证券交易所科创板股票上市规则》第12.9.1条第一 款第（八）项规定的可能被实施其他风险警示的情形。 一、利润分配及资本公积转增股本方案内容 （一）利润分配及资本公积转增股本方案的具体内容 经安永华明会计师事务所（特殊普通合伙）审计，截至2024年12月31日，青 岛高测科技股份有限公司（以下简称"公司"）母公司报表中期末未分配利润为人 民币745,944,535.22元，期末资本公积为人民币1,262,416,843.17元。经公司董事 会决议，公司2024年年度拟以实施权益分派股权登记日登记的总股本为基数分配 利润及以资本公积转增股本。本次利润分配及资本公积转增股本方案如 ...

Financial Performance - The company's operating revenue for Q1 2025 was ¥685,788,649.85, representing a decrease of 51.70% compared to ¥1,419,996,947.52 in the same period last year[4] - The net profit attributable to shareholders was -¥74,139,768.85, a decline of 135.03% from ¥211,652,080.92 year-on-year[4] - The basic earnings per share decreased by 135.90%, from ¥0.39 to -¥0.14[5] - Total operating revenue for Q1 2025 was ¥685.79 million, a decrease of 52.3% compared to ¥1,420.00 million in Q1 2024[17] - Net profit for Q1 2025 was a loss of ¥74.14 million, compared to a profit of ¥211.65 million in Q1 2024, representing a significant decline[18] - Basic and diluted earnings per share for Q1 2025 were both -¥0.14, compared to ¥0.39 in Q1 2024[19] Research and Development - Research and development expenses totaled ¥45,861,004.93, down 44.08% from ¥82,017,896.86, while the R&D expense ratio increased to 6.69% of operating revenue[5] - Research and development expenses for Q1 2025 were ¥45.86 million, a decrease of 44.4% from ¥82.02 million in Q1 2024[17] Assets and Liabilities - Total assets at the end of the reporting period were ¥7,564,210,437.53, a decrease of 2.42% from ¥7,751,986,184.06 at the end of the previous year[5] - Total liabilities as of the end of the reporting period were ¥3,955.97 million, a slight decrease from ¥4,071.74 million in the previous year[16] - Total equity attributable to shareholders was ¥3,608.25 million, down from ¥3,680.24 million year-over-year[16] - Current assets totaled RMB 4,593,347,548.39, down from RMB 4,731,615,452.85, indicating a decrease of about 2.93%[14] - Accounts receivable increased to RMB 2,357,177,456.06 from RMB 2,550,372,050.05, representing a decrease of approximately 7.59%[12] - Cash and cash equivalents slightly decreased to RMB 471,112,870.31 from RMB 475,034,441.32, a decline of about 0.19%[12] - Inventory remained stable at RMB 664,205,203.42, showing a marginal increase from RMB 662,350,641.42[14] - Short-term borrowings decreased to RMB 149,268,590.29 from RMB 155,992,308.99, reflecting a reduction of approximately 4.67%[14] - Accounts payable decreased significantly to RMB 694,981,117.15 from RMB 918,373,586.44, a decline of about 24.48%[14] Cash Flow - The company reported a net cash flow from operating activities of -¥298,301,011.78, an improvement from -¥391,705,359.88 in the previous year[4] - In Q1 2025, cash inflow from operating activities was $642.1 million, a decrease of 22.5% compared to $828.8 million in Q1 2024[21] - Cash outflow from operating activities in Q1 2025 was $940.4 million, down from $1.22 billion in Q1 2024, resulting in a net cash flow from operating activities of -$298.3 million[21] - Cash inflow from investment activities in Q1 2025 was $623.6 million, significantly lower than $2.13 billion in Q1 2024, leading to a net cash flow from investment activities of -$13.9 million[22] - Cash inflow from financing activities in Q1 2025 was $415.5 million, compared to $15.3 million in Q1 2024, resulting in a net cash flow from financing activities of $316.2 million[22] - The ending cash and cash equivalents balance for Q1 2025 was $459.4 million, an increase from $402.8 million in Q1 2024[22] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 19,185[8] - The largest shareholder, Zhang Xu, holds 29.12% of the shares, totaling 159,240,208 shares[8] - The company reported a total of 5,584,000 shares held by Qingdao Jiushi Investment Management Co., Ltd. under the Jiushi Selected No. 1 Private Securities Investment Fund[9] - The company has not disclosed any significant changes in shareholder relationships or actions regarding the top ten shareholders[11] Financial Challenges - The decline in revenue and profit was attributed to a significant drop in prices of photovoltaic products and overall industry underutilization[7] - The company reported a significant increase in financial expenses, totaling ¥20.15 million in Q1 2025, compared to ¥7.05 million in Q1 2024[17] - Other income for Q1 2025 was ¥16.51 million, down from ¥61.10 million in Q1 2024, indicating a decline in additional revenue sources[17] - The company experienced a credit impairment loss of -¥4.67 million in Q1 2025, an improvement from -¥7.13 million in Q1 2024[18] - The company’s cash outflow for employee compensation in Q1 2025 was $211.8 million, a decrease from $417.8 million in Q1 2024[21] - The company experienced a foreign exchange impact of -$484.7 thousand on cash and cash equivalents in Q1 2025[22] Audit and Compliance - There are no applicable audit opinions for the financial statements as of the reporting date[13]

Financial Performance - The company achieved operating revenue of 4.474 billion yuan, a year-on-year decrease of 27.65%[23]. - The net profit attributable to shareholders was -44 million yuan, a year-on-year decline of 103.03%[23]. - The net cash flow from operating activities for 2024 was CNY -1,261,239,500.13, a decrease of 205.64% compared to CNY 1,193,848,105.82 in 2023[23]. - The company's operating revenue for 2024 was CNY 4,474,236,759.85, a decrease of 27.65% compared to CNY 6,183,894,218.73 in 2023[23]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY -109,172,201.93 for 2024, a decline of 107.61% from CNY 1,435,350,925.76 in 2023[23]. - The revenue from photovoltaic cutting materials decreased by 40.39% year-on-year, amounting to CNY 692.95 million[143]. - The gross margin for photovoltaic cutting equipment was 24.27%, down 6.20 percentage points year-on-year[143]. - The company reported a negative net cash flow from operating activities of CNY -1.26 billion, a decline of 205.64% compared to the previous year, primarily due to slower sales collection[138]. Dividend and Capital Structure - The company plans to distribute a cash dividend of 1.80 CNY per 10 shares, totaling approximately 98.42 million CNY (including tax) for all shareholders[7]. - The company intends to increase its total share capital by 218.71 million shares through capital reserve conversion, raising the total share capital to approximately 765.48 million shares[7]. - The total capital reserve increased to 164.4 million, indicating a strong financial position for future investments[198]. Risk Management - The company reported a significant risk of substantial performance decline or losses, which is detailed in the management discussion section[5]. - The company has not identified any major risks that could materially impact its operations during the reporting period[5]. - The company faces risks from high customer concentration, which could lead to significant impacts on operating performance if key customers experience financial difficulties[123]. - The company has a cutting equipment order cancellation risk due to significant fluctuations in the photovoltaic industry, which may lead to unfulfilled orders[125]. - The company is implementing measures to control inventory and reduce the risk of inventory impairment due to potential market demand decreases[129]. Research and Development - The R&D expenditure as a percentage of operating revenue was 5.55% in 2024, a decrease of 0.74 percentage points from 6.29% in 2023[24]. - The company’s R&D expenses amounted to approximately 248.50 million yuan, focusing on high-hard and brittle material processing solutions[40]. - The company filed for 92 new invention patents and obtained 48 during the reporting period, contributing to a total of 527 applications and 95 granted patents[98]. - The company has developed three core supporting technologies and 16 core application technologies, enhancing its R&D and manufacturing capabilities[110]. - The company is committed to continuous improvement in R&D processes and talent acquisition to mitigate risks associated with technology upgrades and product development failures[120]. Market Expansion and Strategy - The company is expanding its market presence, targeting a 30% increase in production capacity by the end of the fiscal year[16]. - The overall market expansion strategy includes entering two new international markets by Q3 2024[16]. - The company is actively exploring the industrial application of 80μm and 60μm silicon wafers, accelerating the scale cutting of rectangular and half wafers[42]. - The company is enhancing its overseas market expansion efforts, aiming to improve the integrated delivery capability of "crystal pulling and slicing intelligent factories" and increase market share[185]. - The company anticipates a 28% year-on-year increase in domestic photovoltaic new installations, reaching approximately 277 GW in 2024[115]. Corporate Governance - The company has not disclosed any special arrangements for corporate governance[9]. - The company has not reported any instances where more than half of the board members could not guarantee the authenticity, accuracy, and completeness of the annual report[9]. - The audit committee of the board effectively performed its duties, ensuring the integrity of financial reporting and internal controls during the reporting period[192]. - The company maintains complete independence from its controlling shareholder in terms of assets, personnel, finance, and operations[192]. - The company has established a sound internal control system to enhance governance and support high-quality development[191]. Technological Advancements - New product development includes the introduction of advanced Heterojunction Technology (HJT) batteries, which are expected to enhance efficiency by 10%[16]. - The company has developed high-precision cutting wire management technology, which reduces the risk of wire breakage during the cutting process, enhancing the efficiency of silicon rod cutting[83]. - The company’s cutting technology is expected to evolve towards "fine wire, high speed, automation, and intelligence" to meet the demands of high efficiency and low cost in silicon wafer production[73]. - The company has established a patent pool for diamond wire cutting technology, emphasizing the importance of R&D investment and intellectual property protection[40]. - The company is focusing on integrating cutting equipment, consumables, and processes to provide comprehensive cutting solutions for hard and brittle materials[49]. Operational Efficiency - The company aims to enhance its supply chain management to reduce costs by 5% in the upcoming fiscal year[16]. - The company has implemented a digital transformation strategy to enhance operational efficiency and reduce costs[47]. - The company is committed to developing new technologies and products, as evidenced by the promotion of several engineers to lead roles in R&D[200]. - The company is enhancing its product lines, particularly in cutting services, to meet market demands and improve competitiveness[200]. - The company is exploring potential mergers and acquisitions to accelerate growth and expand its product offerings[199].

关于青岛高测科技股份有限公司 非经营性资金占用及其他关联资金往来情况的专项说明 2024年度 非经营性资金占用及其他关联资金往来情况的专项说明 安永华明（2025）专字第70060371_J02号 青岛高测科技股份有限公司 青岛高测科技股份有限公司董事会： 我们审计了青岛高测科技股份有限公司的2024年度财务报表，包括2024年12月31 日的合并及公司资产负债表，2024年度的合并及公司利润表、股东权益变动表和现金 流量表以及相关财务报表附注，并于2025年4月28日出具了编号为安永华明（2025） 审字第70060371_J01号的无保留意见审计报告。 按照《上市公司监管指引第8号——上市公司资金往来、对外担保的监管要求》的 要求，青岛高测科技股份有限公司编制了后附的2024年度非经营性资金占用及其他关 联资金往来情况汇总表（以下简称"汇总表"）。 如实编制和对外披露汇总表，并确保其真实性、合法性、完整性是青岛高测科技 股份有限公司的责任。我们对汇总表所载资料与我们审计青岛高测科技股份有限公司 2024年度财务报表时所复核的会计资料和经审计的财务报表的相关内容进行了核对， 在所有重大方面没有发现不一致之处 ...

青岛高测科技股份有限公司 2024 年度独立董事述职报告 作为青岛高测科技股份有限公司（以下简称"公司"）第四届董事会独立董事， 报告期内，本人按照《中华人民共和国公司法》《中华人民共和国证券法》《上 海证券交易所科创板股票上市规则》《上市公司独立董事管理办法》《青岛高测 科技股份有限公司章程》等有关法律、行政法规、部门规章、规范性文件以及公 司管理制度的有关规定，认真负责、忠实勤勉地履行了独立董事的义务和职责， 积极地参加了 2024 年度本人任职期间公司召开的公司股东大会、董事会、独立 董事专门会议及董事会专门委员会的相关会议；积极地参与了公司的各项重大经 营决策；积极地发挥了专业优势和独立作用；努力维护并有效保障了公司全体股 东特别是中小股东的合法权益。现将 2024 年度履行独立董事职责的情况报告如 下： 一、 独立董事的基本情况 （一）个人工作履历、专业背景以及兼职情况 本人王文涛，男，1982 年 10 月出生，中国国籍，无境外永久居留权。毕业 于中国海洋大学法学院，本科学历。现任北京大成（青岛）律师事务所合伙人、 大成中国区劳动与人力资源专业委员会联合牵头人、工业和信息化部中小企业志 愿服务专家 ...

Group 1: Company Performance - Wuxi Autowei Technology Co., Ltd. reported a revenue of 9.198 billion yuan for 2024, a year-on-year increase of 45.94%, while net profit slightly increased by 1.36% to 1.273 billion yuan [1] - The company attributed the slower profit growth compared to revenue to product structure impacts, with strong competition in the market for certain products like single crystal furnaces and screen printing lines [1] - Laser giant Han's Laser Technology Industry Group Co., Ltd. saw a net profit surge of 106.52% to 1.694 billion yuan, but its revenue from new energy equipment dropped significantly by 40.48% to 1.54 billion yuan [1] Group 2: Industry Trends - The photovoltaic equipment sector is experiencing a downturn, with many companies reporting declining performance, indicating a cooling industry [2] - Jingcheng Machinery's revenue fell by 2.26% to 17.577 billion yuan, with net profit down 44.93% to 2.51 billion yuan, largely due to significant impairment losses [2] - The overall trend shows that many equipment manufacturers are facing declining orders and revenues, with Autowei's backlog decreasing by 10.40% to 11.831 billion yuan by the end of 2024 [8] Group 3: Market Conditions - The photovoltaic industry is currently in a state of oversupply, leading to reduced capital expenditures from downstream customers and a significant drop in orders for equipment [5][8] - The prices of photovoltaic products across the entire industry chain are continuously declining, impacting the gross margins of equipment manufacturers [6] - Autowei's gross margin decreased by 4.3 percentage points, while Jingcheng Machinery's gross margin fell by 2.46% to 36.36% [6] Group 4: Future Outlook - Analysts predict that the equipment manufacturing sector may not see new orders in 2025, with potential growth in orders expected only after 2026, driven by expansions in BC battery and component production [9]

Investment Rating - The report maintains an "Outperform" rating for the industry [1]. Core Insights - The report highlights significant developments in the wind and solar sectors, including the commencement of China's first large-capacity floating wind turbine project and the termination of a major solar component procurement by China Power Construction [6][7]. - The Australian government's plan to subsidize home energy storage systems is expected to reduce initial costs for consumers and drive installation growth [7]. Summary by Sections Wind Power - The commencement of the 16MW floating wind turbine project by Three Gorges marks a significant milestone in China's offshore wind technology, addressing high costs through larger turbine capacities [11]. - The wind power index fell by 6.67%, underperforming the CSI 300 index by 3.80 percentage points, with a current PE_TTM valuation of approximately 18.89 times [12]. - Key companies to watch include Mingyang Smart Energy, Dongfang Cable, and Yaxing Anchor Chain, as the domestic offshore wind market shows upward momentum [7][16]. Solar Power - China Power Construction's termination of a 51GW solar component procurement reflects the impact of recent adjustments in renewable energy pricing policies, leading to uncertainty in project investment returns [6][7]. - The solar equipment index decreased by 9.56%, with the current PE_TTM valuation around 29.99 times [4]. - Companies of interest include Longi Green Energy and Tongwei Co., as the solar sector faces potential short-term demand weakness post-May 31 [7][16]. Energy Storage & Hydrogen - The Australian Labor Party's proposed AUD 2.3 billion subsidy for home energy storage systems aims to lower costs by 30%, potentially facilitating the installation of over 1 million new batteries by 2030 [7]. - The energy storage index dropped by 9.04%, with a current PE_TTM of 23.9 times, indicating a strong growth outlook for the sector [4]. - Key players in the energy storage market include Sungrow Power Supply and Shuneng Electric, while the hydrogen sector sees interest in companies like Huagong Huaneng and Yihua Tong [7][16].

高测股份表示，未来将持续加大研发投入，不断筑高专业化切割技术壁垒，实现持续降本增效，不断提 升产品竞争力，推动金刚线及硅片切割加工服务出货规模持续提升，加速半导体等创新业务产品升级迭 代，多方位推动盈利能力修复。 据了解，2020年上市以来，高测股份在经营业绩方面实现快速增长。2024年，由于光伏行业整体大环境 遇冷，高测股份经营业绩首现亏损，但凭借其在技术层面的领先优势以及成本控制优势，该公司各项业 务仍呈现较强发展韧性。当下，行业深度调整致使公司市值大幅回调，在此关键节点，国资底部入股高 测股份，被市场解读为是对公司前景的看好，同时也有望为高测股份发展注入新活力。 据此前公开报道，此次并非高测股份首次结缘国资。2024年三季度报告显示，早在9月30日前，青岛市 国资旗下青岛久实投资管理公司已入股。高测股份受国资青睐，股东结构持续优化升级。业内人士认 为，此番山东省属国资携手青岛市属国资先后布局，未来有望为公司长期稳定发展筑牢根基，助力其穿 越行业周期。 从行业来看，2024年全球光伏新增装机继续保持增长但行业供需失衡矛盾突出，光伏全产业链产品价格 持续大幅下行，行业开工率整体不足，导致金刚线及硅片切割加工 ...