广发证券股份有限公司关于 中国振华（集团）科技股份有限公司 放弃参股公司增资优先认缴出资权 暨关联交易的核查意见 广发证券股份有限公司（以下简称"广发证券"或"保荐人"）作为中国振 华（集团）科技股份有限公司（以下简称"振华科技"、"公司"）向特定对象发 行股票的保荐人，根据《证券发行上市保荐业务管理办法》《深圳证券交易所股 票上市规则》《深圳证券交易所上市公司自律监管指引第 1 号——主板上市公司 规范运作》《深圳证券交易所上市公司自律监管指引第 13 号——保荐业务》等相 关规定，针对振华科技放弃行使对参股公司振华集团深圳电子有限公司（以下简 称"振华深圳公司"）优先认缴出资权暨关联交易事项进行了认真、审慎的核查， 并出具核查意见如下： 一、 放弃优先认缴出资权暨关联交易概述 振华科技的参股公司振华深圳公司是公司控股股东中国振华电子集团有限 公司（以下简称"中国振华"）的控股子公司，振华科技持有振华深圳公司 43.7693% 的股权、中国振华持有 56.2307%的股权。 为提升振华深圳公司资产管理效率和经营效益，中国振华拟以全资子公司贵 州振华系统服务有限公司（以下简称"振华服务"）100%股权增资振华 ...

第九届监事会第二十一次会议决议公告 本公司及监事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、 误导性陈述或重大遗漏。 一、监事会会议召开情况 中国振华（集团）科技股份有限公司（以下简称公司）第九届监事会 第二十一次会议于2024年9月19日下午在公司三楼会议室召开。本次会议 通知于2024年9月9日以书面、邮件方式通知全体监事。会议应到监事3人， 实到监事3人。会议由监事会主席陈强先生主持。会议的召开符合《公司 法》及公司《章程》的规定。 二、监事会会议审议情况 证券代码：000733 证券简称：振华科技 公告编号：2024-062 中国振华（集团）科技股份有限公司 经与会监事签字并加盖监事会印章的监事会决议。 1 特此公告。 中国振华（集团）科技股份有限公司监事会 2024 年 9 月 21 日 2 审议通过《关于使用部分闲置募集资金进行现金管理的议案》 表决结果：同意3票，反对0票，弃权0票。 监事会认为：公司拟使用部分闲置募集资金进行现金管理的程序符合 法律法规的规定，公司不存在变相改变募集资金用途的行为，该事项符合 公司和全体股东的利益，不存在损害公司及全体股东利益的情形。在不影 响募 ...

证券代码：000733 证券简称：振华科技 公告编号：2024-066 中国振华（集团）科技股份有限公司 关于召开2024年第三次临时股东大会的通知 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、 误导性陈述或重大遗漏。 1. 现场会议时间：2024年10月11日下午15:00。 2. 网络投票时间：通过深圳证券交易所交易系统投票的具体时间为 2024年10月11日上午9:15～9:25、9:30～11:30，下午13:00～15:00；通过 深圳证券交易所互联网投票系统投票的具体时间为2024年10月 11日 9:15～15:00期间的任意时间。 （五）会议召开方式：本次会议采取现场表决与网络投票相结合的方 中国振华（集团）科技股份有限公司（以下简称公司）于2024年9月 19日召开第九届董事会第二十七次会议，审议通过《关于召开2024年第三 次临时股东大会的议案》，现将有关事项通知如下： 一、召开会议的基本情况 （一）股东大会届次：2024年第三次临时股东大会 （二）会议召集人：公司董事会 （三）会议召开的合法、合规性： 本次会议的召开符合《公司法》、深圳证券交易所《股票上市规则 ...

本公司及董事会全体成员保证公告内容真实、准确和完整，不存在任何虚假记载、 误导性陈述或者重大遗漏。 中国振华（集团）科技股份有限公司（以下简称公司或振华科技）， 于2024年9月19日召开第九届董事会第二十七次会议、第九届监事会第二 十一次会议，审议通过《关于使用部分闲置募集资金进行现金管理的议案》， 在不影响募集资金投资项目建设和募集资金投资计划正常进行的前提下， 同意公司使用不超过180,000.00万元的闲置募集资金进行现金管理。现将 有关事项公告如下： 一、募集资金基本情况 根据中国证监会《关于同意中国振华（集团）科技股份有限公司向 特定对象发行股票注册的批复》（证监许可〔2023〕1391号），公司向特 定对象发行人民币普通股（A股）31,813,013股，发行价格为人民币79.15 元/股，募集资金总额为人民币2,517,999,978.95元，扣除各项发行费用 （不含增值税）人民币5,686,549.58元后，募集资金净额为人民币 2,512,313,429.37元。上述募集资金已经大信会计师事务所（特殊普通合 伙）审验并出具大信验字〔2023〕第14-00013号《验资报告》。募集资金 到账后 ...

证券代码：000733 证券简称：振华科技 公告编号：2024-060 中国振华（集团）科技股份有限公司 关于使用部分闲置募集资金进行现金管理的进展公告 公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假记载、 误导性陈述或者重大遗漏。 中国振华（集团）科技股份有限公司（以下简称公司）于2023年10 月11日召开第九届董事会第十八次会议，审议通过了《关于使用部分闲置 募集资金进行现金管理的议案》，同意公司自董事会审议通过之日起12个 月内使用额度不超过210,000万元的暂时闲置募集资金，在确保不影响募 集资金投资项目建设和募集资金投资计划正常进行的前提下进行现金管 理。具体内容详见2023年10月12日刊登在《证券时报》和巨潮资讯网的《关 于使用部分闲置募集资金进行现金管理的公告》。 现将公司近期使用闲置募集资金进行现金管理的实施进展情况公告 如下： | | | | | 理财本金 | | | 预期年化 | 实际收 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 序号 | 受托方 | 产品名称 | 产品类型 | （万元人 ...

Investment Rating - The report maintains a "Buy" rating for the company [4]. Core Views - The company, a leading domestic military electronic components manufacturer, experienced a decline in performance in H1 2024 due to insufficient downstream demand and price reductions. However, it is expected to benefit from a recovery in downstream demand and an expansion of product varieties in the future [2][4]. - The company reported a significant drop in revenue and profitability in H1 2024, with revenue of 2.43 billion yuan, down 43.65% year-on-year, and a net profit of 420 million yuan, down 72.55% year-on-year [1][2]. Financial Summary - **Income Statement**: In H1 2024, the company achieved a revenue of 2.43 billion yuan, a decrease of 43.65% year-on-year. The net profit attributable to the parent company was 420 million yuan, down 72.55% year-on-year. The gross margin was 50.79%, down 11.68 percentage points year-on-year, and the net profit margin was 17.30%, down 18.20 percentage points year-on-year [1][2]. - **Balance Sheet**: Prepayments and inventory increased compared to the beginning of the period. Prepayments were 58 million yuan, up 13.87%, indicating increased raw material procurement. Inventory reached 2.285 billion yuan, up 8.99% [1]. - **Cash Flow**: The company reported operating cash flow of 1.568 billion yuan for 2024E, with a projected net profit of 1.1 billion yuan [9][11]. Earnings Forecast - The company’s net profit forecasts for 2024 to 2026 are 1.101 billion yuan, 1.433 billion yuan, and 1.795 billion yuan, respectively, with corresponding P/E ratios of 18X, 14X, and 11X [2][3].

Investment Rating - The report maintains a "Recommend" rating for Zhenhua Technology (000733 SZ) [1][2] Core Views - 2Q24 shows significant quarter-over-quarter improvement in performance, with revenue increasing 39 6% QoQ to 1 416 billion yuan and net profit attributable to parent company surging 212 1% QoQ to 318 million yuan [1] - The company is focusing on strengthening and optimizing its main business, implementing a "Quality and Return Dual Improvement" strategy [1] - Zhenhua Technology is a domestic leader in special electronic components, with multiple fixed asset investment projects underway to promote intelligent and digital transformation [1] Financial Performance - 1H24 revenue was 2 43 billion yuan, down 43 6% YoY, while net profit attributable to parent company was 420 million yuan, down 72 5% YoY [1] - 1H24 gross margin decreased by 11 7 percentage points to 50 8%, and net margin dropped by 18 2 percentage points to 17 3% [1] - Operating cash flow in 1H24 was 1 191 billion yuan, a 122% YoY increase [1] Subsidiary Performance - Zhenhua Yongguang (semiconductor discrete devices): 1H24 revenue of 610 million yuan, down 45 8% YoY; net profit of 265 million yuan, down 49 4% YoY [1] - Zhenhua Yunkai (chip electronic components): 1H24 revenue of 334 million yuan, down 49 0% YoY; net profit of 77 million yuan, down 75 9% YoY [1] - Zhenhua Fu (laminated chip inductors): 1H24 revenue of 262 million yuan, down 52 4% YoY; net profit of 43 million yuan, down 83 9% YoY [1] Financial Forecasts - 2024-2026 net profit attributable to parent company forecast: 1 215 billion yuan, 1 510 billion yuan, and 1 813 billion yuan respectively [1][2] - 2024-2026 PE ratios: 17x, 13x, and 11x respectively [1][2] - 2024-2026 revenue growth rates: -36 8%, 19 3%, and 17 9% respectively [2][5] Financial Ratios - 2024-2026 gross margins: 48 20%, 49 15%, and 49 71% respectively [5] - 2024-2026 net profit margins: 24 70%, 25 73%, and 26 20% respectively [5] - 2024-2026 ROE: 7 81%, 8 85%, and 9 60% respectively [5]

证券代码：000733 证券简称：振华科技 公告编号：2024-056 （一）审议通过《2024 年半年度报告（全文及摘要）》 表决结果：同意3票，反对0票，弃权0票。 （二）审议通过《2024 年 1-6 月募集资金存放与实际使用情况的专项 报告》 表决结果：同意3票，反对0票，弃权0票。 中国振华（集团）科技股份有限公司 第九届监事会第二十次会议决议 本公司及监事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、 误导性陈述或重大遗漏。 一、监事会会议召开情况 中国振华（集团）科技股份有限公司（以下简称公司）第九届监事会 第二十次会议于2024年8月22日下午在公司三楼会议室召开。本次会议通 知于2024年8月12日以书面、邮件方式通知全体监事。会议应到监事3人， 实到监事3人。会议由监事会主席陈强先生主持。会议的召开符合《公司 法》及公司《章程》的规定。 二、监事会会议审议情况 2024 年 8 月 24 日 三、备查文件 经与会监事签字并加盖监事会印章的监事会决议。 特此公告。 中国振华（集团）科技股份有限公司监事会 ...

Financial Performance - The company's operating revenue for the first half of 2024 was CNY 2,429,890,742.95, a decrease of 43.65% compared to the same period last year[11]. - The net profit attributable to shareholders was CNY 420,136,657.70, representing a decline of 72.55% year-on-year[11]. - The net profit after deducting non-recurring gains and losses was CNY 370,699,678.18, down 75.28% from the previous year[11]. - Basic earnings per share were CNY 0.7604, a decrease of 74.14% year-on-year[11]. - The gross profit margin for the electronic components manufacturing industry was 50.79%, down 11.68% year-on-year[26]. - The company reported a total profit of CNY 490,475,325.97, down 72.3% from CNY 1,772,347,843.87 in the first half of 2023[112]. - The company's total liabilities decreased to CNY 375,591,719.54 from CNY 392,130,413.32, reflecting a reduction of 4.2%[110]. - Owner's equity increased to CNY 8,368,764,759.33, up from CNY 7,895,012,581.25, indicating a growth of 6.0%[110]. Cash Flow and Investments - The net cash flow from operating activities increased by 122.48% to CNY 1,190,592,304.14 compared to the same period last year[11]. - The company reported a net cash outflow from investing activities of CNY 228,704,777.04, an increase of 80.87% year-on-year[23]. - The net cash outflow from financing activities was CNY 800,256,383.50, a significant increase of 189.45% compared to CNY 276,474,683.53 in the previous year[23]. - The company’s cash and cash equivalents increased by 22.35% to CNY 161,778,890.92 from CNY 132,231,362.28 in the previous year[23]. - The total investment amount during the reporting period was CNY 132,060,200, a decrease of 41.58% compared to CNY 226,060,400 in the same period last year[35]. Research and Development - During the reporting period, the company applied for 141 patents, including 68 invention patents, and obtained 105 authorized patents, with a total of 1,598 patents held as of June 30, 2024[19]. - Research and development investment decreased by 24.47% to CNY 198,240,306.69 from CNY 262,481,517.24 in the previous year[23]. - The company has established partnerships with several universities for research and development, enhancing its innovation capabilities[19]. Market and Product Strategy - The company focuses on the electronic component industry, with core products including diodes, transistors, capacitors, and integrated circuits, serving critical sectors such as aerospace and defense[17]. - The company has a comprehensive product system with nearly 2,000 varieties and over 80,000 specifications, making it a leader in the high-tech electronic component sector[20]. - The company plans to use up to CNY 210,000,000 of temporarily idle raised funds for cash management within 12 months, ensuring it does not affect ongoing investment projects[32]. - The company is exploring market expansion opportunities while ensuring adherence to environmental regulations[61][62]. Environmental Compliance - The company has obtained environmental impact approval for the R&D and industrialization project of switch and display control components from the Qiandongnan Ecological Environment Bureau[57]. - The company reported emissions of volatile organic compounds at 120 mg/m³, which is within the regulatory limit of 15.04[60]. - The company has implemented the "Three Simultaneities" principle for environmental protection in its construction projects[57]. - The company is classified as a key pollutant discharge unit by environmental protection authorities[56]. Corporate Governance and Shareholder Relations - The company has acknowledged potential risks in future operations and has outlined corresponding countermeasures[2]. - The company has made significant efforts to strengthen investor relations and share development results with investors[46]. - The company has undergone changes in its board of directors, with several new appointments made in March and April 2024[48]. - The company held its annual shareholders' meeting on May 17, 2024, with a participation rate of 34.88%[47]. Future Outlook - Future outlook indicates a projected revenue growth of 20% for the next fiscal year[95]. - The company plans to focus on expanding its market presence and investing in new technologies to drive future growth[122]. - New product launches are expected to contribute an additional CNY 2 billion in revenue over the next two quarters[95]. Financial Instruments and Accounting Policies - The company recognizes foreign currency transactions at the spot exchange rate on the transaction date, with monetary items remeasured at the balance sheet date[151]. - Financial instruments include cash, bond investments, receivables, payables, and borrowings, categorized into three types based on measurement and recognition[152]. - The company recognizes expected liabilities when there is a present obligation likely to result in an outflow of economic benefits, and the amount can be reliably measured[191]. Related Party Transactions - The company has committed to reducing related party transactions by adhering to fair pricing standards and ensuring compliance with relevant laws and regulations[74]. - The company has not engaged in any major related party transactions during the reporting period[78]. - The company has no non-operating fund occupation by controlling shareholders or related parties[76].

（一）审议通过《2024 年半年度报告（全文及摘要）》。 表决结果：同意7票，反对0票，弃权0票。 证券代码：000733 证券简称：振华科技 公告编号：2024- 055 中国振华（集团）科技股份有限公司 第九届董事会第二十六次会议决议公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、 误导性陈述或重大遗漏。 一、董事会会议召开情况 中国振华（集团）科技股份有限公司（以下简称公司）第九届董事会 第二十六次会议于2024年8月22日下午在公司四楼会议室召开。本次会议 通知于2024年8月12日以书面、邮件方式通知全体董事。会议应到董事7人， 实到董事7人。会议由董事长杨立明先生主持。会议的召开符合《公司法》 及公司《章程》规定。 二、董事会会议审议情况 （三）审议通过《2024 年 1-6 月募集资金存放与实际使用情况的专项 报告》。 1 表决结果：同意7票，反对0票，弃权0票。 （二）审议通过《关于对中国电子财务有限责任公司的风险持续评估 报告》。 表决结果：同意6票，反对0票，弃权0票。 此项议案为关联事项议案，关联董事杨立明先生回避表决。 （四）审议通过《关于修订公司相关制度 ...