中信建投证券股份有限公司 关于青岛高测科技股份有限公司 向客户提供担保的核查意见 二、被担保人基本情况 中信建投证券股份有限公司作为青岛高测科技股份有限公司（以下简称"高 测股份"、"公司"）的保荐机构，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》等相关规定，对公司本次向客户提供担保事项进行了审 慎核查，具体情况如下： 一、担保情况概述 （一）担保基本情况 为进一步促进公司业务的开展，加快公司资金回笼，公司拟与青岛银行股份 有限公司（以下简称"青岛银行"或"债权人"）开展合作，客户四川兴德利新 能源有限公司（以下简称"四川兴德利"）拟向青岛银行股份有限公司申请总计 不超过人民币 5,000.00 万元的银行贷款，贷款期限不超过 18 个月，贷款资金将 专项用于支付四川兴德利对高测股份的应付账款。四川兴德利为江苏美科太阳能 科技股份有限公司（以下简称"江苏美科"）的全资子公司。四川兴德利的控股 股东江苏美科及江苏美科实际控制人王禄宝及其配偶吴美蓉为该笔贷款向青岛 银行提供连带责任保证担保，高测股份为该笔贷款提供连带 ...

| 证券代码：688556 | 证券简称：高测股份 | 公告编号：2025-039 | | --- | --- | --- | | 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 关于向客户提供担保的公告 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： 被担保人名称：四川兴德利新能源有限公司。 本次担保金额及已实际为其提供的担保余额：本次新增担保本金金额不超 过 5,000.00 万元。截至本公告披露日，公司对四川兴德利新能源有限公司的实际 担保余额为 0 万元。 3、注册地点：四川省眉山市东坡区修文镇进修路 8 号附 1 号 一、担保情况概述 （一）担保基本情况 为进一步促进公司业务的开展，加快公司资金回笼，青岛高测科技股份有限 公司（以下简称"公司"或"高测股份"）拟与青岛银行股份有限公司（以下简称"青 岛银行"或"债权人"）开展合作，公司客户四川兴德利新能源有限公司（以下 简称"四川兴德利"）拟向青岛银行申请总计不超过人民币 5,000.00 万元的银行贷 款，贷款期 ...

青岛高测科技股份有限公司 第四届监事会第六次会议决议公告 | 证券代码：688556 | 证券简称：高测股份 | 公告编号：2025-038 | | --- | --- | --- | | 转债代码：118014 | 转债简称：高测转债 | | 本公司监事会及全体监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。 一、监事会会议召开情况 青岛高测科技股份有限公司（以下简称"公司"）第四届监事会第六次会议于 2025 年 6 月 23 日在公司会议室以现场方式召开。本次会议的通知于 2025 年 6 月 19 日通过邮件的方式送达公司全体监事。会议应出席监事 3 人，实际出席监事 3 人，会 议由公司监事会主席王宇女士主持。会议的召集和召开程序符合相关法律、法规、部 门规章、规范性文件和公司管理制度的有关规定，会议决议合法、有效。 表决结果：同意 3 票，反对 0 票，弃权 0 票。 本议案尚需提交股东大会审议。 具体内容详见公司同日在上海证券交易所网站（www.sse.com.cn）和《中国证券 报》《上海证券报》《证券时报》《证券日报》披露的 ...

Group 1 - The core viewpoint of the announcement is that Qingdao Gaomei Technology Co., Ltd. maintains its credit rating of A+ for both the company and its convertible bonds, with a stable outlook [1][2] - The credit rating was conducted by China Chengxin International Credit Rating Co., Ltd., which assessed the company's operational status and related industry [1] - The previous credit rating was also A+, and the latest tracking rating report was issued on June 20, 2025 [1] Group 2 - The tracking rating report has been disclosed on the Shanghai Stock Exchange website [2]

Core Viewpoint - Qingdao High Measurement Technology Co., Ltd. maintains a credit rating of A+ with a stable outlook, reflecting its integrated service advantages, stable market position, and improved debt structure, despite facing significant revenue declines and losses due to the downturn in the photovoltaic industry [2][17]. Company Overview - The company has a stable competitive position in the photovoltaic equipment market, with a focus on integrated services including equipment, consumables, and processes [2][12]. - As of March 2025, the company’s total assets were 75.64 billion, with total liabilities of 39.56 billion, and total equity of 36.08 billion [4][17]. Financial Performance - In 2024, the company reported total revenue of 44.74 billion, a decrease of 27.65% year-on-year, and a net loss of 0.44 billion [4][13]. - The operating cash flow turned negative, with a net outflow of 2.98 billion in the first quarter of 2025, indicating weakened cash generation capabilities [4][12]. - The gross profit margin dropped to 6.89% in 2024, down from 41.67% in 2023, reflecting the impact of declining product prices and reduced operational efficiency [4][13]. Industry Context - The photovoltaic manufacturing industry is experiencing a significant supply-demand imbalance, leading to widespread losses and price declines across the sector [12][13]. - The company’s production capacity for silicon wafer cutting services increased to 63GW as of March 2025, but faces challenges in demand absorption due to the industry's low demand environment [9][10]. Risk Factors - The company is exposed to risks from the photovoltaic industry's cyclical nature, with potential impacts on profitability from ongoing price declines and operational inefficiencies [12][13]. - The company’s accounts receivable increased significantly, leading to liquidity pressures, with a total of 235.72 billion in accounts receivable as of March 2025 [15][17]. Future Outlook - The company is expected to maintain a stable credit level over the next 12 to 18 months, contingent on improvements in capital strength and sustainable growth in business scale [2][17]. - Future capital expenditures are projected to decrease, with no major ongoing projects, indicating manageable financial pressures [12][17].

| 证券代码：688556 | 证券简称：高测股份 | 公告编号：2025-037 | | --- | --- | --- | | 转债代码：118014 | 转债简称：高测转债 | | 本次债券评级：公司主体信用等级为 A+，评级展望为稳定，"高测转债" 的信用等级为 A+。 根据《上市公司证券发行注册管理办法》《上海证券交易所科创板股票上市 规则》等有关规定，青岛高测科技股份有限公司（以下简称"公司"）委托信用评 级机构中诚信国际信用评级有限责任公司（以下简称"中诚信国际"）对公司向不 特定对象发行的可转换公司债券（以下简称"高测转债"）进行了跟踪信用评级。 公司前次主体信用等级为 A+，评级展望为稳定，"高测转债"前次信用等级 为 A+，评级机构为中诚信国际，评级时间为 2024 年 5 月 17 日。 青岛高测科技股份有限公司 关于"高测转债"跟踪信用评级结果的公告 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： 前次债券评级：公司主体信用等级为 A+，评级展望为稳定，"高测转债" 的信用等级为 A ...

青岛高测科技股份有限公司 2025 年度跟踪评级报告 编号：信评委函字[2025]跟踪 0731 号 青岛高测科技股份有限公司 2025 年度跟踪评级报告 声 明 中诚信国际信用评级有限责任公司 2025 年 6 月 20 日 2 本次评级为委托评级，中诚信国际及其评估人员与评级委托方、评级对象不存在任何其他影响本次评级行为独立、 客观、公正的关联关系。 本次评级依据评级对象提供或已经正式对外公布的信息，以及其他根据监管规定收集的信息，中诚信国际按照相关 性、及时性、可靠性的原则对评级信息进行审慎分析，但中诚信国际对于相关信息的合法性、真实性、完整性、准 确性不作任何保证。 中诚信国际及项目人员履行了尽职调查和诚信义务，有充分理由保证本次评级遵循了真实、客观、公正的原则。 评级报告的评级结论是中诚信国际依据合理的内部信用评级标准和方法、评级程序做出的独立判断，未受评级委托 方、评级对象和其他第三方的干预和影响。 本评级报告对评级对象信用状况的任何表述和判断仅作为相关决策参考之用，并不意味着中诚信国际实质性建议任 何使用人据此报告采取投资、借贷等交易行为，也不能作为任何人购买、出售或持有相关金融产品的依据。 中 ...

Group 1 - The report discusses the issuance of convertible bonds by Qingdao High Measurement Technology Co., Ltd., managed by Guosen Securities, with a total amount of 483.3 million yuan approved by the China Securities Regulatory Commission [2][3]. - The convertible bonds, named "High Measurement Convertible Bonds," began trading on the Shanghai Stock Exchange on August 12, 2022, with the bond code "118014" [3]. - The bond's conversion price will be adjusted based on specific corporate actions such as stock dividends, capital increases, and cash dividends, as outlined in the bond issuance prospectus [3][5]. Group 2 - The company plans to distribute a cash dividend of 1.80 yuan per 10 shares and increase capital by 4 shares for every 10 shares held, with adjustments made to the distribution if the total share capital changes due to convertible bond conversions or other corporate actions [4][5]. - The conversion price of the "High Measurement Convertible Bonds" will be adjusted from 10.50 yuan to 7.37 yuan per share, effective from June 27, 2025, following the company's annual equity distribution plan [7]. - The adjustment of the conversion price is in compliance with the terms set forth in the bond issuance prospectus and does not impact the company's daily operations or debt repayment capabilities [6][7].

Core Viewpoint - The announcement details the adjustment of the conversion price for the "Gaoce Convertible Bonds" due to the company's annual profit distribution and capital reserve increase plan, effective from June 27, 2025 [1][4]. Summary by Sections 1. Securities Suspension and Resumption - The company's convertible bonds will be suspended from conversion from June 19, 2025, until the equity registration date on June 26, 2025, and will resume conversion on June 27, 2025 [1]. 2. Adjustment of Conversion Price - The conversion price will be adjusted from 10.50 CNY per share to 7.37 CNY per share, effective June 27, 2025 [1][4]. - The adjustment is based on the company's profit distribution plan, which includes a cash dividend of 1.80 CNY per 10 shares and a capital reserve increase of 4 shares for every 10 shares held [1][2]. 3. Basis for Adjustment - The adjustment follows the regulations set by the China Securities Regulatory Commission regarding convertible bonds and the company's issuance prospectus [1][2]. - The formula for adjusting the conversion price is provided, taking into account cash dividends and capital increases [2][4]. 4. Calculation Process - The calculation for the new conversion price is detailed as follows: P1 = (P0 - D) / (1 + n), where P0 is the old conversion price, D is the cash dividend per share, and n is the capital increase rate [4]. - The specific calculation results in a new conversion price of 7.37 CNY per share [4]. 5. Additional Information - Investors seeking more details about the "Gaoce Convertible Bonds" can refer to the company's prospectus published on July 14, 2022 [4].

Core Viewpoint - Qingdao Gaoce Technology Co., Ltd. announced its 2024 annual profit distribution and capital reserve transfer plan, which includes a cash dividend of 0.18000 yuan per share and a capital reserve transfer of 0.40000 shares for every 10 shares held [1][2]. Summary by Sections Profit Distribution and Capital Reserve Transfer - The company will distribute a cash dividend of 1.80 yuan (including tax) for every 10 shares held and will transfer 4 shares for every 10 shares held from the capital reserve [2]. - The total cash dividend to be distributed amounts to 98,418,426.12 yuan (including tax), and the total number of shares to be transferred is 218,707,614, resulting in a new total share capital of 765,476,648 shares [2][5]. Shareholder Meeting and Approval - The profit distribution and capital reserve transfer plan was approved at the company's annual shareholder meeting held on June 9, 2025 [1][2]. Share Capital Changes - The total share capital before the distribution was 546,769,034 shares, which increased to 765,476,648 shares after the transfer [5]. - The company confirmed that all strategic placement shares from the initial public offering have been fully listed and circulated [1][5]. Tax Implications - For individual shareholders holding shares for over one year, the cash dividend is exempt from personal income tax, while those holding for less than one year will have tax calculated upon transfer of shares [3][5]. - The actual cash dividend received by individual shareholders after tax will be 0.16200 yuan per share for those subject to withholding tax [5]. Implementation Dates - Key dates include the equity registration date, ex-dividend date, cash dividend payment date, and listing date for the new shares, which are yet to be specified [2][5].