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、董事会换届选举情况 证券代码：688653 证券简称：康希通信 公告编号：2024-046 格兰康希通信科技（上海）股份有限公司 关于完成董事会、监事会换届选举 及聘任高级管理人员、证券事务代表的公告 格兰康希通信科技（上海）股份有限公司（以下简称"康希通信"或"公司"） 于 2024 年 11 月 14 日召开 2024 年第二次临时股东大会，选举产生了公司第二届 董事会董事、第二届监事会非职工代表监事，并于职工代表大会选举产生的职工 代表监事，共同组成公司第二届董事会、第二届监事会，自公司 2024 年第二次 临时股东大会审议通过之日起就任，任期三年。2024 年 11 月 14 日，公司召开 第二届董事会第一次会议，审议通过了《关于选举第二届董事会董事长的议案》 等议案。同日，公司召开第二届监事会第一次会议，审议通过了《关于选举第二 届监事会监事会主席的议案》等议案。现就相关情况公告如下： 公司第二届董事会董事简历详见公司于 2024 年 10 月 30 日在上海证券 ...

法律意见书 上海东方华银律师事务所 上海市虹桥路 1591 号虹桥迎宾馆 34 号楼 电话：(8621) 68769686 上海东方华银律师事务所 法律意见书 上海东方华银律师事务所 关于格兰康希通信科技（上海）股份有限公司 2024年第二次临时股东大会的法律意见书 上海东方华银律师事务所 法律意见书 上海东方华银律师事务所 关于格兰康希通信科技(上海)股份有限公司 2024 年第二次临时股东大会 之 本所律师仅就本法律意见书出具日以前所发生的事实以及本所律师对有关 法律法规的理解发表法律意见。 2024年10月29日，贵司第一届董事会第二十次会议作出决议，决定召开2024 年第二次临时股东大会。贵司已于2024年10月30日将本次股东大会的召开时间、 地点及审议事项等相关公告、通知，公布在符合中国证监会规定条件的媒体和证 本法律意见书仅供公司为本次股东大会之目的使用，不得用于其他任何目的。 本所同意本法律意见书作为公司本次股东大会公告材料，随其他资料一起向社会 公众披露，并依法承担相关的法律责任。 本所律师根据法律法规和《公司章程》的要求，按照律师行业公认的业务标 准、道德规范和勤勉尽责精神，现出具法律意见 ...

证券代码：688653 证券简称：康希通信 公告编号：2024-049 格兰康希通信科技（上海）股份有限公司 第二届监事会第一次会议决议公告 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 格兰康希通信科技（ 上海）股份有限公司（ 以下简称"公司"）第二届监事会 第一次会议 以下简称"本次会议"）于 2024 年 11 月 14 日在公司会议室以现场 方式召开。经全体监事一致同意，豁免会议通知期限要求。会议通知于同日召开 的 2024 年第二次临时股东大会后以口头方式送达全体监事，与会监事均已知悉 与所议事项相关的必要信息。本次会议由全体监事共同推举秦秋英女士主持和召 集，召集人在会议上就本次豁免通知事项进行了说明。会议应出席监事 3 人，实 际出席监事 3 人。本次会议的召集和召开程序符合有关法律、法规、规范性文件 和《公司章程》的规定，会议决议合法、有效。 具体内容详见公司于同日在上海证券交易所网站 www.sse.com.cn）披露的 《格兰康希通信科技 上海）股份有限公司关于完成董事会、监事会 ...

投资金额：格兰康希通信科技（上海）股份有限公司（以下简称"康希 通信"或"公司"）及全资子公司拟在确保不影响公司正常经营的情况下，使用 不超过 50,000.00 万元（含等值外币）的闲置自有资金进行委托理财及现金管理。 在上述额度内，资金可以滚动使用，使用期限自董事会审议通过之日起 12 个月 内有效。 证券代码：688653 证券简称：康希通信 公告编号：2024-048 格兰康希通信科技（上海）股份有限公司 关于使用部分闲置自有资金进行委托理财及 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。 投资种类：安全性高、流动性好、具有合法经营资格的金融机构销售的 投资产品（包括但不限于结构性存款、通知存款、大额存单、货币市场基金、收 益凭证等），不得投资股票或其他高风险收益类产品。 已履行及拟履行的审议程序：公司于 2024 年 11 月 14 日召开第二届董事 会第一次会议和第二届监事会第一次会议，审议通过了《关于使用部分闲置自有 资金进行委托理财及现金管理的议案》，公司监事会就此事项发表了明确同意的 意见 ...

（一） 股东大会召开的时间：2024 年 11 月 14 日 （二） 股东大会召开的地点：中国（上海）自由贸易试验区科苑路 399 号 10 幢 4 层（名义层 5 层）会议室 重要内容提示： 本次会议是否有被否决议案：无 一、 会议召开和出席情况 证券代码：688653 证券简称：康希通信 公告编号：2024-045 格兰康希通信科技（上海）股份有限公司 2024 年第二次临时股东大会决议公告 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。 （三） 出席会议的普通股股东、特别表决权股东、恢复表决权的优先股股东及 其持有表决权数量的情况： （四） 表决方式是否符合《公司法》及公司章程的规定，大会主持情况等 本次股东大会由董事会召集，董事长 PING PENG 先生主持，采用现场投票 与网络投票相结合的方式召开。会议的召集和召开程序、出席会议人员的资格、 会议的表决方式和程序均符合《公司法》及《公司章程》的有关规定。 （五） 公司董事、监事和董事会秘书的出席情况 1、 公司在任董事 9 人，出席 9 人； 2、 公司在任监事 ...

Investment Rating - The report maintains a "Buy" rating for the company, reflecting a positive outlook on its future performance [2][3] Core Views - The company's revenue growth accelerated in Q3 2024, driven by the rapid adoption of Wi-Fi7 technology, with Wi-Fi7 products accounting for a significant portion of revenue [1] - Despite a net loss of -34 million yuan in the first three quarters of 2024, the company's revenue grew by 34.04% year-over-year, reaching 378 million yuan, with Q3 revenue increasing by 37.51% [1] - The company's gross margin declined to 20.81%, down 5.37% year-over-year, due to increased R&D expenses, which rose to 19.99% of revenue [1] - The company's market share in the Wi-Fi communication sector has significantly increased, with domestic penetration rising, contrasting with declining revenues from international competitors like Skyworks and Qorvo [1] - The company is actively defending its intellectual property rights and maintaining its competitive position in the global market, particularly against legal challenges from Skyworks [1] Financial Performance - The company's revenue for 2024 is projected to reach 575.38 million yuan, with a growth rate of 38.66%, and is expected to grow further to 1.011 billion yuan by 2026 [4] - Net profit attributable to the parent company is forecasted to increase significantly, from 28.49 million yuan in 2024 to 84.68 million yuan in 2026, with EPS rising from 0.07 yuan to 0.20 yuan [4] - The company's EBITDA is expected to grow from 28.15 million yuan in 2024 to 89.60 million yuan in 2026, reflecting strong operational performance [4] Industry and Market Trends - The Wi-Fi7 market is expected to grow rapidly, with over 233 million devices projected to enter the market in 2024, increasing to 2.1 billion devices by 2028 [1] - The company's Wi-Fi7 products are priced at 1.5 times the average selling price of Wi-Fi6 products, indicating higher profitability potential [1] - The company has successfully entered the supply chains of major international SoC manufacturers like Qualcomm, MediaTek, and Broadcom, enhancing its global competitiveness [3] Strategic Initiatives - The company has established an industrial fund with Jinding Capital to invest in promising chip companies in the communication, automotive, and AI sectors, aiming to create synergies with its core business [1] - The company has completed the first round of investment in a project focused on consumer-grade and automotive-grade UWB chips, which have already achieved technological breakthroughs and entered the supplier lists of well-known manufacturers [1] Valuation Metrics - The company's P/E ratio is expected to decrease from 247.94 in 2024 to 83.41 in 2026, indicating improving valuation attractiveness [4] - The P/B ratio is projected to decline from 4.26 in 2024 to 3.89 in 2026, reflecting a more favorable valuation relative to book value [4] - The EV/EBITDA ratio is forecasted to drop from 217.99 in 2024 to 67.69 in 2026, suggesting a more attractive enterprise value relative to earnings [4]

Group 1: Financial Performance - The company reported revenue growth in 2024, attributed to the launch of the Wi-Fi 7 protocol, benefiting from early investments in this area [1] - As of September 30, 2024, the company has invested a total of 75.46 million yuan in R&D, representing a year-on-year increase of 63.29% [2] - The company's net profit has declined due to a focus on enhancing core competitiveness and increasing R&D expenditures [2] Group 2: Product Development and Market Position - The company has introduced multiple products related to the Star Flash RF front-end solutions, which are applied in the IoT sector and have entered the reference design list of domestic SoC chip manufacturers [2] - Wi-Fi 7 technology products account for over 25% of the company's sales, with expectations for continued growth in revenue contribution from new product launches [4] - The company has achieved significant sales in Wi-Fi 5 and Wi-Fi 6 product lines, with Wi-Fi 6 remaining the mainstream product [4] Group 3: International Expansion and Challenges - As of January to September 2024, overseas revenue accounted for approximately 15% of total revenue, indicating a growing international market presence [3] - The company is facing challenges from a 337 investigation initiated by Skyworks, which is perceived as a significant challenge to the company's technological capabilities and overseas market expansion [3] - The company aims to leverage this situation to defend its R&D achievements and protect shareholder interests [3]

Key Points Company and Industry Overview - **Company**: Grancongxi Communication Technology Co., Ltd. (Concise name: Grancongxi) - **Industry**: Wireless communication,射频前端芯片, WiFi, IoT - **Date**: Third quarter of 2024 Financial Highlights - **Revenue**: 3.78 billion yuan (378 million yuan in Q3) - **Revenue Growth**: 34.04% year-on-year - **Net Loss**: 33.86 million yuan - **Gross Margin**: 20.81% - **R&D Expenditure**: 754.62 million yuan (63.29% increase year-on-year) Business Strategy and Development - **Focus on WiFi FEM**: Grancongxi has a strong technical foundation in WiFi FEM and aims to enhance market competitiveness through continuous technological breakthroughs. - **Expansion into Mobile WiFi and IoT**: The company is expanding into mobile WiFi and IoT markets, aiming to achieve mass production and gain a larger market share. - **Diversification**: Grancongxi is actively exploring new technologies in wireless connectivity and expanding its product line to cover various applications such as smart cabins, road collaboration, smart security, and low-altitude flight. Market Competition and Challenges - **Intense Competition**: The company faces intense competition in the射频前端芯片 market, with global players like Skyworks and Qovo dominating the market. - **337 Investigation**: Grancongxi is facing a 337 investigation by the U.S. International Trade Commission (ITC) related to patent infringement claims by Skyworks. The company is actively defending itself and believes this will enhance its brand image and credibility in the international market. Future Outlook and Value Creation - **Strategic Expansion**: Grancongxi plans to continue expanding its product line and diversifying its business to achieve sustainable growth. - **Value Creation**: The company aims to enhance its investment value by optimizing its business operations, strengthening investor relations, and implementing share repurchase plans. Key Points from Q&A Session - **Sales Growth**: The company expects its sales growth to continue due to its early布局 in WiFi7 technology and strong customer relationships. - **Share Repurchase**: The company plans to complete the second round of share repurchase within three months after the board or shareholder meeting. - **Fund Progress**: The Qingdao Zhibing Venture Capital Fund, established in collaboration with Jingding Capital, has completed the first round of investment and is expected to undergo business registration soon. - **337 Investigation Costs**: The company will account for the legal fees related to the 337 investigation on a current basis.

证券代码：688653 证券简称：康希通信 公告编号：2024-044 格兰康希通信科技（上海）股份有限公司关于首次 公开发行部分限售股及部分战略配售限售股 上市流通公告 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： 本次股票上市类型为首发限售股份；股票认购方式为网下，上市股数为 217,218,392 股。 除首发限售股外，本次股票上市类型为首发战略配售股份（限售期 12 月）； 股票认购方式为网下，上市股数为 5,895,238 股。本公司确认，上市流通数量等于 该限售期的全部战略配售股份数量。 本次股票上市流通总数为 223,113,630 股。 本次股票上市流通日期为 2024 年 11 月 18 日。（因 2024 年 11 月 17 日为非 交易日，故顺延至下一交易日）。 一、 本次上市流通的限售股类型 三、本次上市流通的限售股的有关承诺 根据《康希通信首次公开发行股票并在科创板上市招股说明书》及《康希通 信首次公开发行股票科创板上市公告书》，本次申请股份解除限售的股东关于其 持有的限售股的有 ...

招商证券股份有限公司 关于格兰康希通信科技（上海）股份有限公司 首次公开发行部分限售股及部分战略配售限售股上市流通 的核查意见 招商证券股份有限公司（以下简称"招商证券"、"保荐机构"）作为格兰 康希通信科技（上海）股份有限公司（以下简称"康希通信"、"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》等有关法律法规和规范性文件的要 求，对康希通信首次公开发行部分限售股及部分战略配售限售股上市流通的事项 进行了核查，具体情况如下： 一、本次上市流通的限售股类型 经中国证券监督管理委员会《关于同意格兰康希通信科技（上海）股份有限 公司首次公开发行股票注册的批复》（证监许可[2023]1532 号）同意注册，并经 上海证券交易所同意，公司首次公开发行人民币普通股（A 股）股票 6,368 万股， 并于 2023 年 11 月 17 日在上海证券交易所科创板上市，发行后总股本为 42,448 万股，其中有限售条件流通股为 373,713,390 股，占公司总股本的 88.0403%，无 限售条件流通股为 50,766,610 股，占公司总股 ...