广东九联科技股份有限公司 2025 年度以简易程序向特定对象发行股票 摊薄即期回报及填补回报措施和相关主体承诺（修订稿） 根据《国务院办公厅关于进一步加强资本市场中小投资者合法权益保护工 作的意见》（国办发[2013]110 号）《国务院关于进一步促进资本市场健康发展 的若干意见》（国发[2014]17 号）和中国证监会《关于首发及再融资、重大资 产重组摊薄即期回报有关事项的指导意见》（证监会公告[2015]31 号）的相关 要求，为保障中小投资者知情权、维护中小投资者利益，公司就本次发行对即 期回报可能造成的影响进行了分析，并制定了具体的填补回报措施，相关主体 对公司填补回报措施能够得到切实履行作出了承诺。具体情况如下： 一、本次发行摊薄即期回报对公司主要财务指标的影响 （一）影响分析的假设条件 以下假设条件就本次发行摊薄即期回报对公司主要财务指标的影响进行分 析，提请投资者特别关注，以下假设条件不构成任何预测及承诺事项，投资者 不应据此进行投资决策。投资者据此进行投资决策造成损失的，公司不承担赔 偿责任，具体假设如下： 1、假设宏观经济环境、产业政策、行业发展状况、产品市场情况及公司经 营环境等方面没有发 ...

股票简称：九联科技 股票代码：688609 广东九联科技股份有限公司 Unionman Technology Co.,Ltd. （惠州市惠澳大道惠南高新科技产业园惠泰路 5 号） 2025 年度以简易程序 向特定对象发行股票的预案 （修订稿） 二零二六年二月 发行人声明 1、本公司及董事会全体成员保证公告内容真实、准确、完整，并确认不存 在虚假记载、误导性陈述或重大遗漏，并对本预案内容的真实性、准确性、完整 性承担个别和连带的法律责任。 2、本预案按照《上市公司证券发行注册管理办法》等法规及规范性文件的 要求编制。 3、本次以简易程序向特定对象发行股票完成后，公司经营与收益的变化由 公司自行负责；因本次以简易程序向特定对象发行股票引致的投资风险，由投资 者自行负责。 4、本预案是公司董事会对本次以简易程序向特定对象发行股票的说明，任 何与之相反的声明均属不实陈述。 5、投资者如有任何疑问，应咨询自己的经纪人、律师、专业会计师或其他 专业顾问。 6、本预案所述事项并不代表审批机关、注册部门对于本次以简易程序向特 定对象发行股票相关事项的实质性判断、确认、批准、核准或注册。本预案所述 本次以简易程序向特定对象发行 ...

证券代码：688609 证券简称：九联科技 公告编号：2026-010 广东九联科技股份有限公司 关于以简易程序向特定对象发行股票的预案 （修订稿）披露的提示性公告 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。 广东九联科技股份有限公司（以下简称"公司"）于 2025 年 10 月 10 日召开 第六届董事会第五次会议，审议并通过了《关于公司 2025 年度以简易程序向特 定对象发行股票预案的议案》等相关议案。 2026 年 2 月 12 日，公司召开第六届董事会第七次会议，审议并通过了《关 于公司 2025 年度以简易程序向特定对象发行股票预案（修订稿）的议案》等相 关议案。 《广东九联科技股份有限公司 2025 年度以简易程序向特定对象发行股票的 预案（修订稿）》（以下简称"预案"）及相关文件于同日在上海证券交易所网站 （www.sse.com.cn）披露，敬请投资者注意查阅。 以简易程序向特定对象发行股票的预案披露事项不代表审核、注册部门对于 本次发行相关事项的实质性判断、确认或批准，以简易程序向特定对象发行股票 的 ...

股票简称：九联科技 股票代码：688609 广东九联科技股份有限公司 Unionman Technology Co.,Ltd. （惠州市惠澳大道惠南高新科技产业园惠泰路 5 号） 2025 年度以简易程序向特定对象发行股票 的论证分析报告 （修订稿） 二零二六年二月 广东九联科技股份有限公司（以下简称"公司"或"发行人"）系上海证券 交易所科创板上市公司。为满足公司发展的资金需求，增强公司的研发能力，更 增强公司的生产经营能力和综合竞争力，提升盈利能力，公司结合自身实际状况， 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》"）以及《上市公司证券发行注册管理办法》 （以下简称"《注册管理办法》"）等有关法律、行政法规、部门规章或规范性 文件和《公司章程》的规定，公司编制了以简易程序向特定对象发行股票方案的 论证分析报告。 本论证分析报告中如无特别说明，相关用语具有与《广东九联科技股份有限 公司 2025 年度以简易程序向特定对象发行股票预案（修订稿）》中相同的含义。 1 第一节 本次向特定对象发行的背景和目的 一、本次向特定对象发行股票的背景 （一）鸿蒙 ...

股票简称：九联科技 股票代码：688609 广东九联科技股份有限公司 Unionman Technology Co.,Ltd. （惠州市惠澳大道惠南高新科技产业园惠泰路 5 号） 2025 年度以简易程序向特定对象发行股票 募集资金使用的可行性分析报告 （修订稿） 二零二六年二月 一、本次募集资金的使用计划 本次以简易程序向特定对象发行股票募集资金总额不超过 18,177.00 万元 （含本数），扣除发行费用后，募集资金净额拟投入以下项目： 在上述募集资金投资项目的范围内，公司可根据项目的进度、资金需求等实 际情况，对相应募集资金投资项目的投入顺序和具体金额进行适当调整。本次发 行的募集资金到位前，公司可以根据募集资金投资项目的实际情况，以自筹资金 先行投入，并在募集资金到位后予以置换，不足部分由公司以自筹资金解决。 若本次向特定对象发行募集资金总额因监管政策变化或发行注册文件的要 求予以调整的，则届时将相应调整。 二、本次募集资金投资项目的必要性和可行性分析 2024 年，随着鸿蒙技术底座逐步成熟，鸿蒙生态应用场景不断丰富，鸿蒙 系统装机量大幅提升，国产化系统替代进程加快，已被称为真正意义上的鸿蒙元 年。同 ...

关于广东九联科技股份有限公司 非经常性损益鉴证报告 众环专字（2026）0500345号 目 录 起始页码 非经常性损益鉴证报告 明细表 非经常性损益明细表 1 关于广东九联科技股份有限公司 非经常性损益的鉴证报告 众环专字（2026）0500345 号 2026年2月12日 中国·武汉 广东九联科技股份有限公司全体股东： 我们接受委托，对后附的广东九联科技股份有限公司（以下简称"九联科技"） 2022 年 度、2023 年度、2024 年度及 2025 年 1-9 月非经常性损益明细表（以下简称"非经常性损益 明细表"）执行了鉴证工作。按照中国证券监督管理委员会印发的《公开发行证券的公司 信息披露解释性公告第 1 号——非经常性损益（2023 年修订）》的规定，编制非经常性损益 明细表、提供真实、合法、完整的核查证据是九联科技管理层的责任，我们的责任是在执行 鉴证工作的基础上对非经常性损益明细表提出鉴证结论。 我们按照《中国注册会计师其他鉴证业务准则第 3101 号——历史财务信息审计或审阅 以外的鉴证业务》的相关规定执行了鉴证工作。该准则要求我们遵守中国注册会计师职业道 德守则，计划和执行鉴证工作以对非经 ...

Core Viewpoint - The recent analysis indicates that Jiulian Technology's stock price is relatively high compared to its fundamentals, with a valuation range of 7.45-8.23 yuan and a rating of C for accuracy [1] Group 1: Valuation and Financial Performance - Jiulian Technology's profitability is weak, with a gross margin of only 10.56%, significantly below the industry average of 18.48% [3] - The company's return on equity is -13.48%, placing it low in industry rankings [3] - The stock price has shown a fluctuation upward trend over the past week, with a range of 2.25% and a peak price of 9.17 yuan [2] Group 2: Market Trends and Industry Impact - The optical fiber and cable industry is experiencing supply-demand tension due to increased AI computing power demand, which has positively impacted the optical communication sector, with a recent increase of 1.88% [1] - Jiulian Technology's optical module business has limited exposure to the high-end product demand driven by AI data centers, necessitating attention to its technology upgrades and order fulfillment progress [3] - The stock's trading activity has increased, with a notable single-day increase of 2.83% and a trading volume of 87.01 million yuan on February 9 [2]

Core Viewpoint - The increasing trend of funds focusing on inquiry transfer projects, which offer shorter cycles and greater discounts, is aimed at enhancing capital utilization efficiency [1]. Group 1: Market Trends - Since 2026, 12 listed companies have conducted inquiry transfers, with notable participation from well-known public and private fund institutions such as E Fund, Huaxia Fund, and Nord Fund [1][2]. - The inquiry transfer of Guangdong Wannianqing Pharmaceutical Co., Ltd. involved a maximum transfer of 8 million shares at a price of 18.80 CNY per share, reflecting a discount rate of 91.66% compared to the closing price on the pricing benchmark date [2][3]. Group 2: Participant Analysis - Private and public funds are the main participants in inquiry transfers, with private funds having the highest subscription frequency from 2020 to 2025, totaling 577 times [3]. - Public funds led with 82 subscriptions among licensed financial institutions, followed by QFII and securities companies with 43 and 60 subscriptions, respectively [3]. Group 3: Performance Metrics - As of February 11, 2026, 11 out of 12 companies that conducted inquiry transfers had stock prices above the initial transfer price, with some institutions achieving floating profits exceeding 30% [4]. - For example, Jiangbolong's inquiry transfer price was 212.09 CNY per share, while its stock price reached 284.14 CNY, resulting in a floating profit rate of approximately 34% [4]. Group 4: Comparative Analysis with Private Placements - Inquiry transfers have shown superior returns and discount performance compared to private placements, with an average return of 49.52% for inquiry transfers in 2025, surpassing the 38.61% return from competitive private placements [4][5]. - The number of companies conducting inquiry transfers increased from 12 in 2021 to 180 in 2025, indicating a growing acceptance of this method [5]. Group 5: Strategic Insights - Inquiry transfers and private placements complement each other by offering different risk-return profiles, attracting various investment strategies [5]. - The focus on sectors such as semiconductors, AI hardware, and domestic software is expected to enhance the visibility and growth certainty of leading companies, making their equity attractive assets [5].

Market Overview - The black home appliance sector increased by 0.12% on February 4, with Hisense Visual leading the gains [1] - The Shanghai Composite Index closed at 4102.2, up by 0.85%, while the Shenzhen Component Index closed at 14156.27, up by 0.21% [1] Stock Performance - Hisense Visual (600060) closed at 24.10, with a rise of 2.42% and a trading volume of 132,900 shares, amounting to a transaction value of 315 million [1] - Other notable stocks include: - XGIMI Technology (688696) at 92.75, up by 1.55% [1] - Sichuan Jiuzhou (000801) at 15.84, up by 0.44% [1] - Skyworth Digital (000810) at 11.69, up by 0.09% [1] - Zhaochi Co. (002429) at 9.64, down by 0.62% [1] Capital Flow - The black home appliance sector experienced a net outflow of 234 million from institutional investors, while retail investors saw a net inflow of 196 million [1] - The detailed capital flow for key stocks includes: - Hisense Visual with a net inflow of 4.14 million from institutional investors [2] - XGIMI Technology with a net inflow of 3.77 million from institutional investors [2] - Sichuan Changhong (600839) faced a significant net outflow of 1.19 billion from institutional investors [2]

Core Insights - The Chinese optical module industry has evolved from technology introduction during the "11th Five-Year Plan" to achieving technological independence, product upgrades, and scale expansion, becoming a core player in the global optical module market during the "14th Five-Year Plan" period, focusing on high-end and domestic production driven by 5G and computing power demands [1] National Policy Summary - Recent policies in China show a collaborative effort between national and local governments, focusing on technological breakthroughs and practical applications in the optical module industry. The Ministry of Industry and Information Technology (MIIT) has issued multiple documents, including the "2025-2026 Action Plan for Stable Growth in the Electronic Information Manufacturing Industry," which aims to promote the trial of 10G optical networks and the layout of computing power infrastructure [4][5] - Key areas of focus include integrating CPO (Co-Packaged Optics) and high-speed optical modules into critical technological breakthroughs, supporting the mass production of products like 800G and 1.6T [4][5] Provincial Policy Summary - Various provinces have developed their own policies aligned with the national "14th Five-Year Plan," emphasizing the development of optical communication, millimeter-wave, 5G enhancement, and quantum communication technologies. Local governments are also providing funding support for core technology research and development [13] - For instance, Beijing's policies include promoting advanced packaging technology for 1.6T silicon optical modules and enhancing broadband network capabilities to support user experiences exceeding 100 Mbps by 2025 [14] - Shanghai's initiatives focus on deploying 50G PON and 400G optical transmission technologies, aiming to create a fully optical direct connection network for data centers [17] Industry Development Trends - The optical module industry is expected to see significant growth driven by the increasing demand for high-speed data transmission in AI, industrial internet, and other applications. Policies are encouraging the development of high-reliability, low-power products suitable for industrial scenarios [4][5] - The goal is to enhance the domestic production rate of key components and technologies, with specific targets set for the market share of domestic CPO modules to reach 40% by 2025 [5][6] Investment Opportunities - The ongoing policy support and technological advancements present substantial investment opportunities in the optical module sector, particularly for companies involved in high-speed optical modules and related technologies. The focus on domestic production and technological independence further enhances the attractiveness of this sector for investors [1][4][5]