Core Viewpoint - The report outlines the continuous supervision and compliance of Beijing Yubang Electric Technology Co., Ltd. by the sponsor, Industrial Securities Co., Ltd., during its initial public offering and bond issuance on the Sci-Tech Innovation Board, emphasizing the company's adherence to regulations and internal controls [1][2][3]. Continuous Supervision Work - The sponsor has established and effectively implemented a continuous supervision system, along with a corresponding work plan [1]. - A continuous supervision agreement has been signed, clarifying the rights and obligations of both parties during the supervision period [2]. Compliance and Internal Control - The internal control systems of Yubang Electric are in compliance with relevant regulations and have been effectively executed, ensuring the company's standardized operation [4]. - The sponsor has verified the design, implementation, and effectiveness of the internal control systems, including financial management and auditing [4]. Information Disclosure - The sponsor has ensured that the information disclosure documents submitted by Yubang Electric do not contain false records or misleading statements [5]. - Any issues found in the information disclosure documents are promptly addressed, and if the company fails to correct them, the sponsor reports to the Shanghai Stock Exchange [5]. Financial Performance - In 2024, Yubang Electric reported a revenue of 940.14 million yuan, a 67.35% increase from 561.79 million yuan in 2023 [12]. - The net profit attributable to shareholders reached 111.32 million yuan, reflecting a 195.77% increase from 37.64 million yuan in the previous year [12]. - The net cash flow from operating activities was 141.17 million yuan, up 36.81% from 103.19 million yuan [12]. Core Competitiveness - Yubang Electric is recognized as a national high-tech enterprise, with a strong focus on technology research and development, holding 385 intellectual property rights, including 154 patents [15][21]. - The company has established a robust quality management system and adheres to strict quality control procedures throughout its operations [18]. Industry Risks - The company faces risks related to core competitiveness, operational challenges, and financial stability, particularly due to the competitive landscape and reliance on major clients like State Grid and Southern Power Grid [7][8][10]. - The macroeconomic environment and industry investment trends could significantly impact the company's performance and procurement demand [10][11]. Use of Raised Funds - Yubang Electric successfully raised 410.81 million yuan through the issuance of convertible bonds, with a net amount of 403.65 million yuan after deducting issuance costs [21][23]. - The company has complied with regulations regarding the use of raised funds, ensuring proper storage and usage [24].

兴业证券股份有限公司 关于北京煜邦电力技术股份有限公司 首次公开发行股票并在科创板上市 之保荐总结报告书 兴业证券股份有限公司（以下简称"兴业证券"或"保荐机构"）作为北京 煜邦电力技术股份有限公司（以下简称"煜邦电力"、"上市公司"或"公司"） 首次公开发行股票并在科创板上市的保荐机构，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，兴业证券对煜邦电力的持续 督导时间为该上市公司上市当年及其后 3 个完整的会计年度，煜邦电力于 2021 年 6 月 17 日起在上海证券交易所挂牌上市，持续督导期为 2021 年 6 月 17 日至 2024 年 12 月 31 日。现兴业证券对煜邦电力的持续督导期限已满，兴业证券根 据相关法律法规，出具本保荐总结报告。 一、保荐机构及保荐代表人承诺 1、保荐总结报告书和证明文件及其相关资料的内容不存在虚假记载、误导 性陈述或重大遗漏，保荐机构及保荐代表人对其真实性、准确性、完整性承担法 律责任。 2、本机构及本人自愿接受中国证监会对保荐总结报告书相关事项进行的任 何质询 ...

兴业证券股份有限公司 关于北京煜邦电力技术股份有限公司 2024 年度持续督导跟踪报告 兴业证券股份有限公司（以下简称"兴业证券"或"保荐机构"）担任北京煜邦电 力技术股份有限公司（以下简称"煜邦电力"或"上市公司"）首次公开发行股票并在 科创板上市、向不特定对象发行可转换公司债券并在科创板上市的保荐机构。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》和《上海证券 交易所上市公司自律监管指引第 11 号——持续督导》等有关法律、法规的规定，对煜 邦电力进行持续督导，并出具本持续督导跟踪报告。 一、持续督导工作内容 | 工作内容 | 实施情况 | | --- | --- | | | 保荐机构已建立健全并有效执行了 | | 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。 | 持续督导制度，并制定了相应的工 | | | 作计划。 | | 2、根据中国证监会相关规定，在持续督导工作开始前，与上 | 保荐机构已与煜邦电力签订《持续 | | 市公司或相关当事人签署持续督导协议，明确双方在持续督导 | 督导协议》，该协议明确了双方在 | | 期间的权利义务 ...

Core Viewpoint - The announcement provides an update on the conversion of the company's convertible bonds, indicating low conversion activity and a significant amount of unconverted bonds remaining [2][4]. Group 1: Convertible Bond Overview - The company issued 4,108,060 convertible bonds with a face value of 100 yuan each, totaling 410.806 million yuan, with a maturity period of 6 years from July 20, 2023, to July 19, 2029 [3]. - The convertible bonds, named "Yupont Convertible Bonds," began trading on the Shanghai Stock Exchange on August 15, 2023 [3]. Group 2: Conversion Status - As of March 31, 2025, a total of 395,000 yuan has been converted into company shares, resulting in 39,212 shares, which is 0.015871% of the total shares issued prior to conversion [2]. - The amount of unconverted convertible bonds as of March 31, 2025, is 410,411,000 yuan, representing 99.904% of the total issuance [2][4]. - During the quarter from December 31, 2024, to March 31, 2025, the conversion amount was 1,000 yuan, resulting in 99 shares converted [2][4].

一、可转债基本情况 经中国证券监督管理委员会"证监许可〔2023〕1383 号"文予以注册，北京煜 邦电力技术股份有限公司（以下简称"公司"）于 2023 年 7 月 20 日向不特定对象发 行可转换公司债券 410.8060 万张，每张面值 100 元，发行总额 41,080.60 万元。本 次发行的可转换公司债券期限为自发行之日起 6 年，即 2023 年 7 月 20 日至 2029 年 7 月 19 日。 经上海证券交易所"自律监管决定书〔2023〕180 号"文同意，公司 41,080.60 万元可转换公司债券于 2023 年 8 月 15 日起在上海证券交易所挂牌交易，债券简 称"煜邦转债"，债券代码"118039"。 累计转股情况：北京煜邦电力技术股份有限公司（以下简称"公司"）向不特定 对象发行的可转换公司债券"煜邦转债"自 2024 年 1 月 26 日开始转股，截至 2025 年 3 月 31 日累计共有人民币 395,000 元已转换为公司股票，累计转股数 量 39,212 股，占"煜邦转债"转股前公司已发行股份总额 247,062,172 股的 0.015871%。 未转股可转债情况： ...

Group 1 - Yubang Power (688597.SH) released its 2024 annual report on March 28, 2025, indicating that as of March 27, 2025, 14 institutional investors disclosed holding a total of 116 million shares, accounting for 46.79% of the total share capital [1] - The top ten institutional investors include Beijing Gaojing Hongtai Investment Co., Ltd., Hongta Innovation Investment Co., Ltd., and others, with a combined holding ratio of 46.65%, which is a decrease of 3.39 percentage points compared to the previous quarter [1] Group 2 - In the public fund sector, two public funds reduced their holdings compared to the previous quarter, with a decrease ratio of 0.13% [2] - Three new public funds disclosed their holdings this period, including GF Baifa 100 Index A and others [2] - One pension fund, the Basic Pension Insurance Fund 1003 Combination, also saw a slight decrease in holdings compared to the previous quarter [2]

Group 1 - The company, Beijing Yupont Electric Technology Co., Ltd., will hold its 2024 Annual General Meeting on May 8, 2025, at 14:30 in Beijing [1][3] - The voting method for the meeting will combine on-site and online voting through the Shanghai Stock Exchange's network voting system [1][2] - Shareholders must register to attend the meeting, with specific documentation required for both individual and institutional shareholders [4][5] Group 2 - The agenda for the meeting includes proposals for the 2024 profit distribution and capital reserve conversion into share capital, as well as an application for the 2025 comprehensive credit limit and guarantee limit [2][7] - The meeting will also address the change of business scope and the revision of the company's articles of association [7] - Certain related shareholders are required to abstain from voting on specific resolutions [3]

Group 1 - The company held its fourth supervisory board meeting on March 27, 2025, which was legally convened and validly resolved [1] - The supervisory board approved the annual report for 2024, confirming that the report's preparation and review processes complied with relevant laws and internal regulations [2][3] - The supervisory board unanimously agreed that the 2024 financial settlement report accurately reflects the company's financial status and operational results [3] Group 2 - The supervisory board confirmed that the use of raised funds in 2024 complied with relevant regulations and that there were no violations in the use of these funds [3][4] - The board approved the 2024 profit distribution plan, ensuring it aligns with legal requirements and does not harm minority shareholders' interests [5] - The supervisory board agreed that there were no significant internal control deficiencies affecting financial reporting as of December 31, 2024 [6] Group 3 - The supervisory board supported the proposal for comprehensive credit limits and guarantees for 2025, stating that it aligns with the company's operational needs and strategic development [6]

Core Viewpoint - The company plans to distribute profits for the year 2024 by issuing cash dividends and increasing capital reserves, which includes a cash dividend of RMB 1.53 per 10 shares and a capital reserve increase of 4 shares for every 10 shares held [1][2]. Profit Distribution Plan - The profit distribution plan includes a cash dividend of RMB 1.53 per 10 shares (tax included) and a capital reserve increase of 4 shares for every 10 shares held, with no bonus shares issued [1][2]. - The total number of shares eligible for the distribution is calculated based on the total share capital minus the shares held in the company's repurchase account, resulting in a base of 222,395,090 shares [2]. - The total cash dividend to be distributed amounts to RMB 34,026,448.77, which represents 30.57% of the net profit attributable to shareholders for the year [2]. Financial Metrics - As of December 31, 2024, the company reported a net profit attributable to shareholders of RMB 111,323,837.24 and a distributable profit of RMB 221,390,370.48 [2]. - The total share capital before the distribution is 247,101,285 shares, which will increase to 336,059,321 shares after the capital reserve increase [2]. Decision-Making Process - The profit distribution and capital reserve increase plan has been approved by the company's board of directors and will be submitted for approval at the 2024 annual general meeting [3][4]. - The supervisory board has also agreed that the plan complies with relevant laws and regulations, considering the company's profitability and cash flow [4]. Compliance and Risk Assessment - The profit distribution plan does not trigger any risk warning scenarios as per the Shanghai Stock Exchange's rules [2][4]. - The company has confirmed that the plan will not adversely affect its operational cash flow or long-term development [5].

北京煜邦电力技术股份有限公司 2024 年 12 月 31 日 内部控制审计报告 索引 页码 | 信永中和会计师事务所 北京市东城区朝阳门北大街 联系电话: +86 (010)6554 2288 | | | | --- | --- | --- | | telephone: +86 (010) 6554 2288 | 8 号富华大厦 A 座 9 层 | | | ShineWing | 9/F, Block A, Fu Hua Mansion, No.8, Chaoyangmen Beidajie, | | | +86 (010) 6554 7190 | Dongcheng District, Beijing, 传真: | | | certified public accountants 100027, P.R.China | | facsimile: +86 (010) 6554 7190 | 内部控制审计报告 XYZH/2025BJAA8B0068 北京煜邦电力技术股份有限公司 北京煜邦电力技术股份有限公司全体股东： 按照《企业内部控制审计指引》及中国注册会计师执业准则的相关要求，我们审计 了北京煜邦电力技术 ...