Investment Rating - The investment rating for the company is upgraded to "Buy" [13] Core Views - The company has shown significant improvement in operational profitability, with expectations for growth potential [13] - The company reported a revenue of 2.531 billion yuan in 2023, representing a year-on-year growth of 21.1% [6][13] - The net profit attributable to the parent company for 2023 was 51 million yuan, marking a turnaround from losses [13] - The gross margin for 2023 was 24.8%, with expectations for improvement in the coming years [6][13] - The company has successfully reduced operating expenses, leading to a positive operational profit in Q4 2023 [13] Financial Summary - Revenue projections for the upcoming years are as follows: 3.164 billion yuan in 2024, 4.014 billion yuan in 2025, and 4.923 billion yuan in 2026 [6] - The net profit attributable to the parent company is forecasted to reach 224 million yuan in 2024, 399 million yuan in 2025, and 606 million yuan in 2026 [6] - The gross margin is expected to improve to 27.4% in 2024, 29.8% in 2025, and 32.1% in 2026 [6] - The company’s earnings per share (EPS) are projected to be 0.97 yuan in 2024, 1.72 yuan in 2025, and 2.61 yuan in 2026 [6] - The price-to-earnings (P/E) ratio is expected to decrease from 313.77 in 2024 to 19.82 in 2026, indicating improved valuation [6] Operational Insights - The company has over 1,200 product models, with shipments exceeding 5.3 billion units in 2023, achieving record revenue and shipment volumes [13] - The company has made significant advancements in the consumer electronics sector, particularly in optical image stabilization (OIS) technology for smartphone cameras [13] - There is substantial growth potential in the industrial and automotive sectors, with ongoing efforts to expand market applications [13]

Corporate Structure and Governance - The company established a new wholly-owned subsidiary, Chengdu Aiwei Microelectronics Technology Co., Ltd., during the reporting period[2]. - The company currently has a total of 9 wholly-owned subsidiaries and 1 subsidiary[2]. - The company has a strong governance structure with a board of directors and management team with extensive experience in the industry[17]. - The company has strengthened control over subsidiaries in financial management, operational decision-making, and personnel management[44]. - The company’s board of directors has established a remuneration and assessment committee to review and approve remuneration policies for directors and senior management[22]. - There were no dissenting opinions from the supervisory board regarding the supervision matters during the reporting period[56]. - The company has a governance structure that ensures equal rights for shareholders and timely information disclosure[136]. Meetings and Proposals - The first extraordinary general meeting of 2023 was held on January 10, 2023, where 3 proposals were approved without any rejections[9]. - The annual general meeting of 2022 took place on May 11, 2023, with 13 proposals approved, also without any rejections[9]. - The second extraordinary general meeting of 2023 is scheduled for November 14, 2023, with 2 proposals expected to be approved[9]. - The company held a total of 5 board meetings during the reporting period, all conducted through a combination of on-site and communication methods[50]. - The company held three earnings conference calls during the reporting period: for the 2022 annual results, the 2023 semi-annual results, and the 2023 third-quarter results[144]. Financial Performance - The company reported a total revenue of 2,530.92 million RMB for the fiscal year 2023, with a net profit of 51.01 million RMB[39]. - The company’s net profit attributable to shareholders for the year 2023 is RMB 51,008,934.42, with a profit distribution plan proposing a cash dividend of RMB 0.5 per 10 shares[59]. - The total cash dividend to be distributed amounts to RMB 11,551,565.40, representing 22.65% of the net profit attributable to shareholders for 2023[61]. - The total amount of dividends, including share repurchases, is RMB 16,893,977.36, which accounts for 33.12% of the net profit attributable to shareholders for 2023[61]. - The company’s total revenue for 2021 was ¥2,327,001,356.81, indicating a recovery trend in 2023 compared to previous years[178]. - The net profit attributable to shareholders of the listed company for 2023 was ¥51,008,934.42, a significant recovery from a loss of ¥53,382,798.75 in 2022[178]. - The net cash flow from operating activities for 2023 was ¥428,799,425.83, improving from a negative cash flow of ¥386,980,753.63 in 2022[178]. - As of the end of 2023, the total equity attributable to shareholders was ¥3,622,053,913.90, reflecting a 2.45% increase from ¥3,535,296,702.33 at the end of 2022[178]. Employee Structure and Compensation - The company has a total of 966 employees, including 722 technical personnel, 164 management personnel, and 80 sales personnel[30]. - The total remuneration for core technical personnel at the end of the reporting period was 410,800 RMB[22]. - The actual remuneration paid to directors, supervisors, and senior management during the reporting period totaled 5.76 million RMB[22]. - The company has implemented a comprehensive salary incentive system, aligning fixed and variable compensation with performance contributions[57]. - The company has established a salary system based on job levels and industry benchmarks to enhance employee motivation and retention[57]. - The company’s employee structure includes 4 PhD holders, 372 master's degree holders, and 503 bachelor's degree holders[30]. - Employee stock ownership numbers reached 39, accounting for 4.04% of total employees, with a total of 15,737.72 thousand shares held[111]. Strategic Focus and Development - The company is focused on expanding its market presence and enhancing its product offerings through new technology development[17]. - The company has a strategic plan for future growth, including potential mergers and acquisitions[17]. - The company focuses on high-quality mixed-signal, analog, and RF integrated circuit design, contributing to the development of China's integrated circuit industry[80]. - The company has conducted nearly dozens of series of Chinese chip-themed educational activities since 2019, promoting awareness among youth[83]. - In 2023, the company established the Minhang District Integrated Circuit Industry Intellectual Property Alliance to enhance industry competitiveness and innovation[83]. - The company emphasizes environmental protection, investing 121,100 RMB in environmental initiatives during the reporting period[98]. Compliance and Regulatory Matters - The company has not faced any penalties from securities regulatory authorities in the past three years[24]. - The company has committed to strict adherence to all public commitments made during the IPO process and will actively accept social supervision[129]. - The controlling shareholder, Sun Hongjun, has pledged to avoid any business that competes with the company's main operations during his tenure[130]. - The company has established measures to manage related party transactions effectively[199]. - The company is committed to maintaining transparency and compliance in its shareholder agreements[199]. Shareholder Rights and Commitments - The company will disclose any failure to fulfill commitments and provide compensatory measures to protect shareholder interests[129]. - The company has established a profit distribution policy in accordance with relevant laws and regulations, which will be strictly followed after the IPO[162]. - The controlling shareholder, Sun Hongjun, guarantees that the IPO prospectus does not contain false statements or omissions, and will repurchase shares if any issues are identified[164]. - The company commits to maintaining the rights and interests of all shareholders and will not transfer benefits to other entities or individuals under unfair conditions[161]. - The company has outlined specific conditions under which shareholders cannot reduce their holdings, particularly during legal investigations[184]. Investor Relations and Communication - The company actively engages with investors through various communication channels, improving transparency and governance[118]. - The company has established multiple effective communication channels with investors, including regular reports, annual report briefings, and various online and offline engagement activities[145]. - The company has set up an investor relations section on its official website to facilitate information dissemination and investor engagement[144]. - The company is committed to timely and accurate information disclosure, adhering to relevant laws and regulations to protect the rights of investors and stakeholders[146]. - The company emphasizes the importance of investor feedback and aims to maintain an open dialogue with market participants[145]. Risk Management and Safety - The company conducted IT disaster recovery drills focusing on network resilience and data security, enhancing business continuity measures[114]. - The company has conducted large-scale fire drills to improve employee safety awareness and emergency response capabilities[114]. - The company has implemented a robust data security framework to support its digital transformation initiatives[122]. Stock Incentive Plans and Share Repurchase - The company plans to implement stock incentives linked to the execution of its return measures[161]. - The company will not allow any share transfers during investigations by regulatory bodies or if the company is under significant legal scrutiny[184]. - The company will implement stock repurchase measures if the weighted average price of its shares falls below the audited net asset value per share for the previous fiscal year for 20 consecutive trading days[191]. - The total amount used for share repurchase will not exceed the net proceeds from the company's initial public offering[192]. - The company will not repurchase more than 2% of its total share capital in a single repurchase transaction, with a maximum of RMB 20 million per transaction[192].

证券代码：688798 证券简称：艾为电子 公告编号：2024-020 上海艾为电子技术股份有限公司 关于作废 2022 年限制性股票激励计划 部分已授予但尚未归属的限制性股票的公告 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。 上海艾为电子技术股份有限公司（以下简称"公司"）于2024年4月8日召开 的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《关于作废 2022年限制性股票激励计划部分已授予但尚未归属的限制性股票的议案》，根据 公司《2022年限制性股票激励计划（草案）》（以下简称"《激励计划》"或"本激 励计划"）《2022年限制性股票激励计划实施考核管理办法》（以下简称"《考核 管理办法》"）的规定和公司2023年第一次临时股东大会的授权，公司董事会同意 作废部分已授予但尚未归属的限制性股票共计3,979,772股。现将有关事项说明如 下： 一、本次限制性股票授予已履行的决策程序和信息披露情况 （三）2022 年 12 月 24 日至 2023 年 1 月 2 日。公司对本激励计划拟首次授 予激励 ...

公司代码：688798 公司简称：艾为电子 上海艾为电子技术股份有限公司全体股东： 根据《企业内部控制基本规范》及其配套指引的规定和其他内部控制监管要求（以下简称企业内部 控制规范体系），结合本公司（以下简称公司）内部控制制度和评价办法，在内部控制日常监督和专项 监督的基础上，我们对公司2023年12月31日（内部控制评价报告基准日）的内部控制有效性进行了评价。 一. 重要声明 按照企业内部控制规范体系的规定，建立健全和有效实施内部控制，评价其有效性，并如实披露内 部控制评价报告是公司董事会的责任。监事会对董事会建立和实施内部控制进行监督。经理层负责组织 领导企业内部控制的日常运行。公司董事会、监事会及董事、监事、高级管理人员保证本报告内容不存 在任何虚假记载、误导性陈述或重大遗漏，并对报告内容的真实性、准确性和完整性承担个别及连带法 律责任。 公司内部控制的目标是合理保证经营管理合法合规、资产安全、财务报告及相关信息真实完整，提 高经营效率和效果，促进实现发展战略。由于内部控制存在的固有局限性，故仅能为实现上述目标提供 合理保证。此外，由于情况的变化可能导致内部控制变得不恰当，或对控制政策和程序遵循的程度降 ...

证券代码：688798 证券简称：艾为电子 公告编号：2024-022 上海艾为电子技术股份有限公司 关于募投项目延期和部分募投项目内部投资结构调整及增加 募投项目实施主体的公告 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。 上海艾为电子技术股份有限公司（以下简称"公司"）于 2024 年 4 月 8 日分 别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 募投项目延期和部分募投项目内部投资结构调整及增加募投项目实施主体的议 案》，综合考虑当前募集资金投资项目（以下简称"募投项目"）的实施情况，提高 募集资金使用效率，公司决定部分募投项目延期，调整部分募投项目内部投资结 构，同时增加募投项目实施主体。本次募投项目延期和部分募投项目内部投资结 构调整及增加募投项目实施主体未改变募投项目的内容、投资用途和投资总额。 现将具体情况公告如下： 一、募集资金基本情况 根据中国证券监督管理委员会于 2021 年 6 月 4 日出具的《关于同意上海艾 为电子技术股份有限公司首次公开发行股票注册的批复》（证监许可〔 ...

证券代码：688798 证券简称：艾为电子 公告编号：2024-015 上海艾为电子技术股份有限公司 关于 2024 年度申请综合授信额度并提供担保的公告 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。 重要内容提示： 为满足日常生产经营与业务发展需求，上海艾为电子技术股份有限公司 （以下简称"公司"）及子公司拟在《关于 2024 年度申请综合授信额度并提供担 保的议案》（以下简称"本议案"）经 2023 年年度股东大会审议通过之日起至 2024 年年度股东大会召开之日止的期间内，向银行等金融机构申请总额不超过人民币 35 亿元（或等值外币）的综合授信额度，并为公司合并报表范围内的子公司申 请金融机构授信以及其他融资、履约等业务提供总额不超过人民币 30 亿元（或 等值外币）的担保额度。该等担保额度可在公司合并报表范围内的子公司（包括 新增或新设子公司、孙公司）之间进行调剂； 被担保人为公司全资子公司，分别为 AWINIC TECHNOLOGY LIMITED、上 海艾为半导体技术有限公司、上海艾为微电子技术有限公司、深圳 ...

上海艾为电子技术股份有限公司 2023 年度独立董事述职报告 2023 年度，作为上海艾为电子技术股份有限公司（以下简称"公司"）的独 立董事，我严格按照《中华人民共和国公司法》《中华人民共和国证券法》《上市 公司独立董事管理办法》等相关法律、法规、规范性文件及《上海艾为电子技术 股份有限公司章程》（以下简称"《公司章程》"）和《独立董事工作细则》的规定， 认真履行独立董事工作职责，积极参加公司董事会并认真审议各项议案，充分发 挥独立董事作用，努力维护公司整体利益和全体股东的合法权益。现将 2023 年 度工作情况汇报如下： 一、 独立董事基本情况 （一）个人工作履历、专业背景以及兼职情况 王国兴先生，独立董事，1975 年 2 月出生，中国国籍，无境外永久居留权， 博士。2007 年至 2009 年，任美国加州洛杉矶 Second Sight Medical Products 高级工程师；2010 年至 2018 年，任上海交通大学副教授；2019 年至今，任上海 交通大学教授。同时 2018 年 10 月至 2021 年 10 月，担任启东市知微电子科技有 限公司总经理；2019 年 9 月至今，担任嘉兴 ...

上海艾为电子技术股份有限公司 2023 年度独立董事述职报告 2023 年度，作为上海艾为电子技术股份有限公司（以下简称"公司"）的独 立董事，我严格按照《中华人民共和国公司法》《中华人民共和国证券法》《上市 公司独立董事管理办法》等相关法律、法规、规范性文件及《上海艾为电子技术 股份有限公司章程》（以下简称"《公司章程》"）和《独立董事工作细则》的规定， 认真履行独立董事工作职责，积极参加公司董事会并认真审议各项议案，充分发 挥独立董事作用，努力维护公司整体利益和全体股东的合法权益。现将 2023 年 度工作情况汇报如下： 一、 独立董事基本情况 （一）个人工作履历、专业背景以及兼职情况 胡改蓉女士，1977 年 11 月出生，中国国籍，无境外永久居留权，法学博士， 教授，博士生导师，兼职律师。2003 年 7 月至 2009 年 6 月，任职西北政法大学 经济法学院商法教研室教师；2009 年 7 月至今，任职华东政法大学教师。兼任 中国法学会商法学研究会理事，上海市法学会经济法学研究会秘书长，并担任上 海国际经济贸易仲裁委员会仲裁员、上海仲裁委员会仲裁员等。曾获上海市优秀 教学成果一等奖、上海市第十四届 ...

競天公誠律師事務所 JINGTIAN & GONGCHENG 上海市徐汇区淮海中路 1010 号嘉华中心 45 层 邮政编码 200031 电话: (86-21)5404 9930 传真: (86-10) 5404 9931 关于上海艾为电子技术股份有限公司 调整 2022 年限制性股票激励计划首次授予数量及授予价格、作 废部分已授予但尚未归属的限制性股票相关事项的法律意见书 致:上海艾为电子技术股份有限公司 北京市竞天公诚律师事务所上海分所(以下简称"本所")接受上海艾为电子 技术股份有限公司(以下简称"公司"或"艾为电子")的委托,就艾为电子2022年 限制性股票激励计划（以下简称"本次激励计划"或"2022年限制性股票激励计 划")相关事宜担任专项法律顾问,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》"）、中国证券 监督管理委员会(以下简称"中国证监会")颁布的《上市公司股权激励管理办法》 （以下简称"《管理办法》"）、《上海证券交易所科创板股票上市规则》（以下 简称"《上市规则》")和《科创板上市公司自律监管指南第4号一股权激励信息 披露》〈 ...

关于上海艾为电子技术股份有限公司 2023 年度营业收入扣除情况表 的鉴证报告 关于上海艾为电子技术股份有限公司 2023 年度营业收入扣除情况表的鉴证报告 （2023 年 01 月 01 日至 2023 年 12 月 31 日止） | | 目录 | 页次 | | --- | --- | --- | | 一、 | 鉴证报告 | 1-2 | | 二、 | 营业收入扣除情况表 | 1-2 | 关于上海艾为电子技术股份有限公司2023年度 营业收入扣除情况表的鉴证报告 信会师报字[2024]第ZA10816号 上海艾为电子技术股份有限公司全体股东： 我们的责任是在执行鉴证工作的基础上对营业收入扣除情况表 发表鉴证结论。 三、工作概述 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》的规定执行了鉴证业务。该准 我们审计了上海艾为电子技术股份有限公司(以下简称"艾为电 子")2023 年度的财务报表，包括 2023 年 12 月 31 日的合并及母公司 资产负债表、2023 年度合并及母公司利润表、合并及母公司现金流量 表、合并及母公司所有者权益变动表和相关财务报表附注， ...