国泰海通证券股份有限公司 关于苏州和林微纳科技股份有限公司 开展 2025 年度远期结汇售汇交易业务的核查意见 公司董事会同意授权公司管理层自本次股东大会审议通过之日起 12 个月内 开展外汇远期结售汇业务并签署相关合同文件，远期结售汇开展外币金额不得超 过等值 3000 万美元（额度范围内资金可滚动使用），同时授权公司财务部在上述 期间及额度范围内负责办理具体事宜。 四、开展外汇远期结售汇业务的可行性分析 公司存在境外销售业务，因此当汇率出现较大波动时，汇兑损益对公司的经 营业绩会造成较大影响。公司开展与银行的外汇远期结售汇业务，是从锁定结售 汇成本的角度考虑，能够降低汇率波动对公司生产经营的影响，使公司保持较为 稳定的利润水平，符合公司未来经营发展需要，风险可控，无损害公司和股东尤 其是中小股东的利益的行为。 国泰海通证券股份有限公司（以下简称"国泰海通"、"保荐人"）作为苏 州和林微纳科技股份有限公司（以下简称"公司"、"和林微纳"）首次公开发 行股票并在科创板上市和 2021 年度向特定对象发行股票的持续督导机构，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》《科 创板上市 ...

Financial Performance - The company expects Q1 2025 revenue to be approximately 205 million CNY, an increase of about 108 million CNY or 112% year-over-year[2] - The estimated net profit attributable to the parent company for Q1 2025 is around 27 million CNY, an increase of approximately 32.41 million CNY, turning a loss into a profit[2] - The net profit attributable to the parent company after deducting non-recurring gains and losses is expected to be about 25 million CNY, an increase of around 31.16 million CNY, also turning a loss into a profit[2] - In the same period last year, the company reported revenue of 9.7 million CNY and a net loss of 54.18 million CNY[4] Market Trends and Demand - The significant growth in revenue and profit is attributed to the rising demand for emerging technologies such as 5G, AI, and IoT, as well as increased domestic substitution demand[5] - The company has maintained high market stickiness with clients, leading to a resonance in revenue and profit from AI chip testing probes and sockets[6] Research and Development - The R&D team is focused on developing high-speed, high-frequency testing probes and sockets, achieving breakthroughs in high-power, large-current KGD testing sockets[6] - New products launched include various sockets such as conductive glue testing sockets and aging testing sockets, which have successfully entered the supply chain of leading international chip manufacturers[6] Cautionary Notes - The company emphasizes that the performance forecast is based on preliminary calculations and has not been audited by certified public accountants[7] - Investors are advised to be cautious as the forecast data is preliminary and the final financial data will be disclosed in the official Q1 2025 report[8]

Financial Performance - The company achieved total operating revenue of RMB 56,907.48 million, an increase of 99.15% compared to the same period last year[3]. - The net loss attributable to the parent company was RMB -879.03 million, a reduction of RMB 1,214.88 million from the previous year[5]. - The basic earnings per share improved to RMB -0.0752, a decrease in loss compared to RMB -0.1792 in the previous year[3]. Assets and Equity - The total assets at the end of the reporting period were RMB 140,791.31 million, reflecting a growth of 2.14% from the beginning of the period[5]. - The equity attributable to the parent company decreased by 1.30% to RMB 120,863.44 million[5]. - The net asset per share attributable to the parent company decreased to RMB 10.34, down 1.34% from the beginning of the period[5]. - The company's share capital increased by 30% due to the implementation of a capital reserve conversion plan[7]. Market and Industry Insights - The semiconductor industry is experiencing a recovery driven by demand in consumer electronics and AI innovations[6]. - The company focused on market-driven innovation and product optimization, contributing to the reduction in net loss[6]. Caution for Investors - Investors are advised to be cautious as the reported financial data is preliminary and may differ from the final annual report[9].

苏州和林微纳科技股份（以下简称"公司"）股票交易连续三个交易日内 （2025 年 2 月 19 日、2 月 20 日、2 月 21 日）收盘价格涨幅偏离值累计达到 30%， 根据《上海证券交易所交易规则》《上海证券交易所科创板股票异常交易实时监 控细则》的有关规定，属于股票交易异常波动。 经公司自查，并发函问询控股股东、实际控制人，截至本公告披露日， 公司控股股东、实际控制人不存在关于本公司的应披露而未披露的重大事项。 一、股票交易异常波动的具体情况 公司股票交易连续三个交易日内（2025 年 2 月 19 日、2 月 20 日、2 月 21 日）收盘价格涨幅偏离值累计达到 30%，根据《上海证券交易所交易规则》《上 海证券交易所科创板股票异常交易实时监控细则》的有关规定，属于股票交易异 常波动。 证券代码：688661 证券简称：和林微纳 公告编号：2025-006 苏州和林微纳科技股份有限公司 股票交易异常波动公告 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： 截至本公告披露日，公司未发现对公司股票交 ...

关于股票交易异常波动问询函的回函 截至本回函之日,除公司已公告事项外,本人不存在涉及公司应披露而未披 露的重大事项,包括但不限于重大资产重组、发行股份、上市公司收购、债务重 组、业务重组、资产剥离和资产注入等重大事项。 同时,在本次股票异常波动期间,本人不存在买卖公司股票的情形。 特此回复。 公司控股股东、实际控制 2025年2月21日 苏州和林微纳科技股份有限公司: 苏州和林微纳科技股份有限公司(以下简称"公司")于 2025年2月21 日 致送本人的《关于股价交易异常波动问询函》已收悉。本人就问询函中相关事宜 回复如下: ...

Investment Rating - The report initiates coverage with a "Buy" rating for the company [3]. Core Views - The company has entered the supply chain of international advanced MEMS manufacturers and has accumulated high-quality customer resources, demonstrating strong market competitiveness in the domestic MEMS field. The MEMS business constitutes the company's core revenue, accounting for approximately 77% of total revenue in 1H24 [1]. - The semiconductor industry is showing signs of weak recovery in 2024, driven by a resurgence in consumer electronics demand and rapid development in AI. The company expects a reduction in losses for 2024, projecting a net profit attributable to shareholders of between -9 million and -6 million yuan, a decrease in losses compared to the previous year [1]. - The company is a key supplier of chip testing probes to NVIDIA, with expectations for increased average selling prices (ASP) as AI chip iterations accelerate. The global semiconductor testing probe market is projected to grow from $765 million in 2023 to $1.043 billion by 2029, with a CAGR of 6.51% [2][18]. Summary by Sections Investment Logic - The company's MEMS business is its fundamental revenue source, with 1H24 revenue of approximately 177 million yuan [1]. - The company has established itself as a supplier for major consumer electronics brands, including Apple, Huawei, Samsung, Xiaomi, and OPPO [1]. - The semiconductor industry is expected to recover in 2024, with the company actively expanding its market and optimizing its product structure [1]. Financial Forecasts and Valuation - The company is projected to achieve net profits of -0.08 billion, 1.08 billion, and 1.91 billion yuan from 2024 to 2026, with corresponding EPS of -0.07, 0.93, and 1.63 yuan [3]. - The report assigns a 36x PE valuation for 2026, resulting in a target price of 58.75 yuan [3]. - Revenue forecasts for the semiconductor chip testing probe business are 0.98 billion, 2.90 billion, and 3.84 billion yuan for 2024 to 2026, reflecting significant growth [57]. Market Position and Growth Potential - The company is positioned as a leading domestic semiconductor testing probe enterprise, with a solid foundation in MEMS precision electronic components [32]. - The demand for MEMS precision components is gradually recovering, and the chip testing probe business is expected to open a second growth curve [32]. - The company has successfully entered the supply chains of international semiconductor giants, enhancing its growth prospects [32]. R&D and Product Development - The company emphasizes R&D investment, with a notable increase in R&D expenses from 2019 to 2023, reflecting its commitment to innovation [39][46]. - The company is developing MEMS wafer testing probes and substrate-level testing probes, which are expected to enhance its market competitiveness and growth potential [54][56].

苏州和林微纳科技股份有限公司 简式权益变动报告书 上市公司名称：苏州和林微纳科技股份有限公司 股票上市地点： 上海证券交易所 股票简称：和林微纳 股票代码：688661 信息披露义务人：苏州和阳管理咨询合伙企业（有限合伙） 主要经营场所及通讯地址：苏州市高新区瞰湖生活广场 23 幢 322 室 股份变动性质：减少股份（减持）、合计持股比例降至 5%以下 签署日期：2025 年 2 月 20 日 1 2 信息披露义务人声明 一、本报告书系根据《中华人民共和国证券法》（以下简称"《证券法》"）、 《上市公司收购管理办法》（以下简称"《收购办法》"）、《公开发行证券的公司 信息披露内容与格式准则第 15 号——权益变动报告书》（以下简称"《准则 15 号》"）及相关的法律、法规和规范性文件编写本报告书。 二、信息披露义务人签署本报告书已获得必要的授权和批准，其履行亦不 违反信息披露义务人合伙协议或内部规则中的任何条款，或与之相冲突。 三、依据《证券法》《收购办法》《准则 15 号》的规定，本报告书已全面披 露了信息披露义务人在苏州和林微纳科技股份有限公司拥有权益股份的变动情 况。 截至本报告书签署之日，除本报告书披 ...

证券代码：688661 证券简称：和林微纳 公告编号：2025-005 苏州和林微纳科技股份有限公司 关于持股 5%以上股东持股比例降至 5%以下的 权益变动提示性公告 本公司董事会、全体董事及相关股东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： 苏州和林微纳科技股份有限公司（以下简称"公司"或"和林微纳"）于 2025 年 2 月 20 日收到股东苏州和阳管理咨询合伙企业（有限合伙）（以下简称"苏州 和阳"）发来的《简式权益变动报告书》，现将其本次权益变动情况公告如下： 一、 本次权益变动基本情况 （一） 信息披露义务人 | 股东名称 | 股份性质 | 本次变动前持有股份 | | 本次变动后持有股份 | | | --- | --- | --- | --- | --- | --- | | | | 持有数量 | 持股比例 | 持有数量 | 持股比例 | | | | （股） | （%） | （股） | （%） | | 苏州和阳 | 合计持有股份 其中：无限售 | 6,240,000 | 5.3408% | 5,841,800 | ...

| | 名称 | 钱晓晨 | | --- | --- | --- | | 信息披露义务人 | 居住地址 | 江苏省苏州市 | （二） 本次权益变动情况 证券代码：688661 证券简称：和林微纳 公告编号：2025-004 苏州和林微纳科技股份有限公司 关于股东权益变动的提示性公告 本公司董事会、全体董事及相关股东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： 苏州和林微纳科技股份有限公司（以下简称"公司"或"和林微纳"）于 2025 年 2 月 19 日收到持股 5%以上股东钱晓晨先生发来的《关于持股 5%以上股东权益 变动触及 1%的告知函》，现将其本次权益变动情况公告如下： 一、 本次权益变动基本情况 （一） 信息披露义务人 公司于 2025 年 1 月 14 日在上海证券交易所（www.sse.com.cn）披露了《苏 州和林微纳科技股份有限公司股东及董监高减持股份计划公告》（公告编号： 二、 其他情况说明 1、本次权益变动为股东钱晓晨履行此前披露的减持股份计划，不触及要约 收购、不涉及资金来源。具体内容详见公司于 2 ...

证券代码：688661 证券简称：和林微纳 编号：2025-003 苏州和林微纳科技股份有限公司 关于 2024 年度计提减值准备的公告 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。 一、 2024 年度计提减值准备概述 根据《企业会计准则》及公司会计政策的相关规定，为真实、公允地反映公 司 2024 年 12 月 31 日的财务状况及 2024 年度的经营成果，公司对合并范围内的 相关资产进行了全面清查，基于谨慎性原则，对可能发生减值损失的相关资产计 提了减值准备。 | 减值类型 | 计提金额（万元） | 备注 | | --- | --- | --- | | 信用减值损失 | 430.00 | 应收账款坏账损失、其他应收款 坏账损失、应收票据坏账损失 | | 资产减值损失 | 1,160.00 | 存货跌价损失 | | 资产减值损失 | 560.00 | 商誉减值损失 | | 合计 | 2,150.00 | | 根据《企业会计准则》及公司会计政策，公司以预期信用损失为基础，对应 收账款、其他应收款、应收票据进行减值测试 ...