Group 1: Company Overview - The company, SiNan Navigation Technology Co., Ltd., is involved in the development of navigation chips and has launched its fourth-generation chip, QC7820, which has significant improvements in cost, power consumption, size, and anti-interference capabilities compared to the previous generation [3]. - The QC7820 chip is based on a 22nm low-power design, featuring a dual-core processor with a main frequency of 800MHz, capable of reaching up to 1.2GHz, and supports high-performance floating-point operations and wideband RF signal input [3]. Group 2: Market and Regulatory Environment - The recent national regulations require electric bicycles to have BeiDou satellite positioning capabilities, supporting the reception of BeiDou B1C and B2a signals, with a 6-month transition period for implementation [3]. - This regulation is expected to benefit the BeiDou satellite navigation industry, aligning with the company's investment projects and periodic reports [3]. Group 3: Product Development and Future Plans - The company plans to develop a low-cost, high-precision navigation chip project, which is included in its IPO fundraising projects, targeting mass production by 2025 [4]. - The current progress of the navigation chip project is in line with the company's expectations as disclosed in the 2023 and 2024 semi-annual reports [4]. Group 4: International Market Expansion - The company's products are sold in over 140 countries and regions, including more than 50 countries along the "Belt and Road" initiative, establishing good partnerships with local distributors [5]. - In 2023, overseas sales accounted for 25% of the company's total revenue, with the main products being RTK receivers, agricultural navigation products, and high-precision GNSS modules [5]. Group 5: Strategic Growth Plans - The company plans to expand through mergers and acquisitions within the satellite navigation industry chain to seek synergistic development [5]. - There are no undisclosed plans for acquisitions at this time, but the company will comply with disclosure obligations as per relevant regulations if any plans arise [5].

证券代码：688592 证券简称：司南导航 公告编号：2024-050 上海司南导航技术股份有限公司 2024 年 8 月，公司通过集中竞价交易方式回购股份 218,307 股，已回购股 份占公司总股本的比例为 0.35%，购买的最高价为 36.11 元/股、最低价为 30.02 元/股，已支付的金额为 6,844,692.19 元（不含印花税、交易佣金等交易费用）。 关于以集中竞价交易方式回购公司股份的进展公告 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： | 回购方案首次披露日 | | | | | | | | | | 年 3 月 7 日 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 回购用途 累计已回购股数 | 440,778 | | 股 | | | 用于员工持股计划或股权激励 | | | | | | 回购方案实施期限 预计回购金额 累计已回购股数占总股本比例 累计已回购金额 实际回购价格区间 | 2024 ...

上海司南导航技术股份有限公司（以下简称"司南导航"或"公司"）第四 届董事会第三次会议通知于 2024 年 8 月 19 日送达全体董事，本次会议于 2024 年 8 月 29 日在公司会议室以现场结合通讯方式召开。会议由董事长王永泉先生 召集并主持，会议应出席董事 8 人，实际出席董事 8 人。本次会议的召集、召开 符合《中华人民共和国公司法》等法律、法规和《公司章程》的有关规定，会议 决议合法有效。 二、董事会会议审议情况 经全体董事表决，形成决议如下： （一）审议通过《关于 2024 年半年度报告及摘要的议案》 表决结果：8 票同意，0 票反对，0 票弃权。 证券代码：688592 证券简称：司南导航 公告编号：2024-046 上海司南导航技术股份有限公司 第四届董事会第三次会议决议公告 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。 一、董事会会议召开情况 表决结果：8 票同意，0 票反对，0 票弃权。 - 1 - 具体内容详见公司于同日刊登在上海证券交易所网站（www.sse.com.cn）的 《2024 年度提 ...

Financial Performance - The company's operating revenue for the first half of 2024 was ¥120,242,256.84, representing a 2.98% increase compared to ¥116,765,604.70 in the same period last year[12]. - The net profit attributable to shareholders of the listed company decreased by 69.38% to ¥2,301,651.90 from ¥7,516,994.77 in the previous year[12]. - The net profit after deducting non-recurring gains and losses was -¥8,605,101.51, a significant decline compared to ¥130,041.82 in the same period last year, reflecting a decrease of 6,717.18%[12]. - The net cash flow from operating activities was -¥74,706,352.51, worsening from -¥20,644,910.17 in the previous year, indicating a decline of 261.86%[12]. - The company reported a basic earnings per share of CNY 0.04, a decrease of 75.00% compared to the same period last year[13]. - Net profit attributable to shareholders was CNY 2.30 million, down 69.38% year-on-year, primarily due to increased marketing expenses[13]. - The company achieved operating revenue of CNY 120.24 million, remaining flat compared to the previous year[13]. - The net cash flow from operating activities was CNY -74.71 million, a decline of 261.86% year-on-year, mainly due to increased procurement costs[14]. - Total assets at the end of the reporting period were CNY 1,201.04 million, a decrease of 2.65% from the beginning of the year[14]. - The weighted average return on net assets was 0.23%, a decrease of 2.26 percentage points year-on-year[13]. Research and Development - Research and development expenses accounted for 31.92% of operating revenue, an increase of 6.66 percentage points compared to the same period last year[13]. - The company achieved a total R&D investment of ¥38,379,022.16, representing a 30.12% increase compared to the previous year[42]. - The proportion of R&D investment to operating revenue increased by 6.66 percentage points to 31.92%[42]. - The company has developed high-precision GNSS algorithms that have been optimized over ten years, demonstrating reliability and real-time usability in complex environments[51]. - The company has a total of 67 authorized patents, including 46 invention patents, with 7 being U.S. invention patents[40]. - The company has a strong focus on innovation, with 16 new patent applications filed during the reporting period[41]. - The company has developed high-precision GNSS application technology that has been successfully applied in various industries, including agriculture and surveying[36]. - The company has made significant advancements in autonomous navigation and control technology for agricultural machinery, enhancing user experience and cost control[35]. Business Model and Market Strategy - The business model has evolved to include "basic products (chips, modules) + terminals + data applications and system solutions"[21]. - The company is focusing on emerging business areas such as drones, with a projected compound annual growth rate of 39% for industrial drones in China from 2020 to 2025[23]. - The company has established a strong overseas marketing network, with products sold to over 140 countries and regions, supported by a subsidiary in Belgium[54]. - The company has launched several new products, including the M100X navigation receiver and AG502 automatic driving system, to enhance its competitive edge[56]. - The company aims to integrate its technology with emerging industries such as autonomous driving and smart agriculture[56]. Financial Position and Assets - The net assets attributable to shareholders of the listed company at the end of the reporting period were ¥1,011,228,703.38, down 1.26% from ¥1,024,136,720.51 at the end of the previous year[12]. - Total assets decreased by 2.65% to ¥1,201,042,736.05 from ¥1,233,676,945.89 at the end of the previous year[12]. - The company's inventory value is 164.77 million yuan, accounting for 13.72% of total assets, with a 40.03% increase since the beginning of the year[59]. - The company reported cash and cash equivalents of approximately ¥592.44 million as of June 30, 2024, down from ¥633.47 million at the end of 2023, representing a decrease of about 6.4%[129]. - Accounts receivable decreased to approximately ¥283.43 million from ¥311.29 million, reflecting a decline of about 8.9%[129]. Shareholder and Governance - The company held one shareholders' meeting in 2024, with all proposed resolutions approved[69]. - The company experienced changes in its board and management, with new appointments including Wu Xian as a director and Qi Houjian as the CFO[70][72]. - The company has committed to a 36-month lock-up period for major shareholders and executives, during which they will not transfer or manage their shares[74]. - The company has a long-term commitment to maintain compliance with relevant regulations regarding share transfers and disclosures[75]. - The company has outlined specific commitments regarding the handling of shares held by core technical personnel[74]. Compliance and Risk Management - The company has outlined potential risks in the "Management Discussion and Analysis" and "Risk Factors" sections of the report[3]. - The report includes a forward-looking statement risk declaration, indicating that future plans and strategies do not constitute a commitment to investors[3]. - The company has established measures to disclose any failure to fulfill commitments and will compensate for any losses incurred by investors due to such failures[100]. - The company will ensure compliance with legal and regulatory requirements when executing share reduction plans[80]. Investment and Fundraising - The total amount raised through the initial public offering (IPO) was RMB 784.77 million, with a net amount of RMB 691.10 million after deducting issuance costs[109]. - The total amount planned for fundraising investment projects is CNY 69,110.37 million, with CNY 10,048.57 million invested in the current year[110]. - The cumulative investment in the "New Generation High-Precision PNT Technology Upgrade and Industrialization Project" reached CNY 9,227.98 million, achieving 33.02% of the planned investment[110]. - The company has pre-invested CNY 5,475.97 million in fundraising investment projects using self-raised funds, which will be replaced by the raised funds[113]. Operational Challenges - The company’s cash flow from operating activities remains a critical area of concern, with a negative net cash flow indicating potential operational inefficiencies[144]. - The company incurred a credit impairment loss of CNY 198,385.97, compared to a gain of CNY 1,479,088.86 in the previous year, indicating a negative shift in credit quality[139]. - The net cash flow from financing activities was -18,050,386.42 RMB, contrasting with a positive cash flow of 21,443,276.92 RMB in the prior period, reflecting challenges in financing[144].

证券代码：688592 证券简称：司南导航 公告编号：2024-048 上海司南导航技术股份有限公司 2024 年半年度募集资金存放与实际使用情况 的专项报告 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。 （二）募集资金使用与结余情况 截至 2024 年 6 月 30 日，公司募集资金账户具体使用情况如下： - 1 - 金额单位：人民币万元 | 募集资金专户增减变动情况 | | | | 金额 | | | | --- | --- | --- | --- | --- | --- | --- | | 1、募集资金 2023 12 31 日余额 | | 年 | | 55,929.80 | | 月 | | 2、募集资金专户的增加项 | | | | 125,553.00 | | | | 其中：赎回结构性存款 | | | | 125,000.00 | | | | 利息收入和理财产品收益扣减银行手续费后净额 | | | | 553.00 | | | | 3、募集资金专户的减少项 | | | | 130,339.84 | | | | 其中： ...

证券代码：688592 证券简称：司南导航 公告编号：2024-047 上海司南导航技术股份有限公司 第四届监事会第三次会议决议公告 本公司监事会及全体监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。 一、监事会会议召开情况 上海司南导航技术股份有限公司（以下简称"司南导航"或"公司"）第四 届监事会第三次会议通知于 2024 年 8 月 19 日送达全体监事，本次会议于 2024 年 8 月 29 日在公司会议室召开。会议由监事会主席刘杰先生召集并主持，会议 应出席监事 3 人，实际出席监事 3 人。本次会议的召集、召开符合《中华人民共 和国公司法》等法律、法规和《公司章程》的有关规定，会议决议合法有效。 二、监事会会议审议情况 经全体监事表决，形成决议如下： 具体内容详见公司于同日刊登在上海证券交易所网站（www.sse.com.cn）的 《2024 年半年度报告》及《2024 年半年度报告摘要》。 （二）审议通过《关于公司 2024 年半年度募集资金存放与实际使用情况专 项报告的议案》 - 1 - 表决结果：3 票同意，0 票反对，0 票 ...

民生证券股份有限公司 关于上海司南卫导航技术股份有限公司 2024 年半年度持续督导跟踪报告 民生证券股份有限公司（以下简称"民生证券"、"保荐机构"）作为司南 导航首次公开发行股票并在科创板上市的保荐机构，根据《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》《上海证券交易所上市公司自律监管指引第 1 号——规范运作》等 相关规定，对司南导航进行持续督导，持续督导期为 2023 年 8 月 16 日至 2026 年 12 月 31 日。民生证券通过日常沟通、定期回访、现场检查、尽职调查等方式 进行持续督导，现就 2024 年半年度持续督导工作报告如下： | 序 号 | 工作内容 | 实施情况 | | --- | --- | --- | | | | 保荐机构已建立健全并有效执行了持 | | 1 | 建立健全并有效执行持续督导工作制度，并针 对具体的持续督导工作制定相应的工作计划。 | 续督导制度，并制定了相应的工作计 | | | | 划。 | | | 根据中国证监会相关规定，在持续督导工作开 | 保荐机构已与司南导航签订承销及保 | | | 始前，与 ...

证券代码：688592 证券简称：司南导航 公告编号：2024-049 上海司南导航技术股份有限公司 关于参加 2024 年半年度科创板航空航天及先进轨交 集体业绩说明会的公告 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： 会议线上交流时间：2024 年 9 月 6 日(星期五) 14:00-16:00 会议召开方式：线上文字互动 线 上 文 字 互 动 平 台 ： 上 海 证 券 交 易 所 上 证 路 演 中 心 （http://roadshow.sseinfo.com/） 投资者可于 2024 年 9 月 3 日(星期二)至 2024 年 9 月 5 日（星期四） 16:00 前通过邮件、电话等形式将需要了解和关注的问题提前提供给公司。公司 将在文字互动环节对投资者普遍关注的问题进行回答。 上海司南导航技术股份有限公司（以下简称"公司"）已于 2024 年 8 月 30 日发布公司《2024 年半年度报告》，为便于广大投资者更全面深入地了解公司 2024 年上半年度经营成果、财务状况、发展理念，公司参 ...

一、董事会会议召开情况 上海司南导航技术股份有限公司（以下简称"司南导航"或"公司"）第四 届董事会第二次会议通知于 2024 年 8 月 16 日送达全体董事，本次会议于 2024 年 8 月 20 日在公司会议室以现场结合通讯方式召开。会议由董事长王永泉先生 召集并主持，会议应出席董事 8 人，实际出席董事 8 人。本次会议的召集、召开 符合《中华人民共和国公司法》等法律、法规和《上海司南导航技术股份有限公 司章程》（以下简称"《公司章程》"）的有关规定，会议决议合法有效。 二、董事会会议审议情况 经全体董事表决，形成决议如下： 证券代码：688592 证券简称：司南导航 公告编号：2024-043 上海司南导航技术股份有限公司 第四届董事会第二次会议决议公告 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。 （一）审议通过《关于使用暂时闲置募集资金进行现金管理的议案》 表决结果：8 票同意，0 票反对，0 票弃权。 具体内容详见公司于同日刊登在上海证券交易所网站（www.sse.com.cn）的 《关于使用暂时闲置募集资 ...

2023 年 8 月 9 日，立信会计师事务所（特殊普通合伙）对公司募集资金到 位情况进行了审验，并出具了《验资报告》（信会师报[2023]第 ZA90785 号）。 证券代码：688592 证券简称：司南导航 公告编号：2024-045 上海司南导航技术股份有限公司 关于使用暂时闲置募集资金进行现金管理的公告 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。 上海司南导航技术股份有限公司（以下简称"公司"）于 2024 年 8 月 20 日 召开第四届董事会第二次会议、第四届监事会第二次会议，审议通过了《关于使 用暂时闲置募集资金进行现金管理的议案》，同意公司在确保不影响募集资金投 资项目进度、不影响公司正常生产经营及确保资金安全的情况下，使用额度不超 过人民币 4.50 亿元（含本数）的闲置募集资金进行现金管理。在上述额度范围 内，资金可以滚动使用，使用期限自公司董事会审议通过之日起 12 个月内。公 司使用暂时闲置募集资金进行现金管理将严格遵守上海证券交易所关于上市公 司募集资金管理的相关规定，本次事项无需提交股东大会审 ...