法律意见书 关于深圳市德明利技术股份有限公司 2024 年限制性股票激励计划调整及首次授予事项的 法 律 意 见 书 中国 深圳 福田区 益田路6001号太平金融大厦11、12楼 邮政编码：518038 11&12F., Taiping Finance Tower,6001 Yitian Road, Futian District, Shenzhen, PR. China 518038 电话（Tel.）：（0755）8826 5288 传真（Fax.）：（0755）8826 5537 网址（Website）：https://www.sundiallawfirm.com 1 法律意见书 广东信达律师事务所 关于深圳市德明利技术股份有限公司 2024 年限制性股票激励计划调整及首次授予事项的 法 律 意 见 书 信达励字（2024）第 128 号 致：深圳市德明利技术股份有限公司 广东信达律师事务所根据与深圳市德明利技术股份有限公司签订的《专项法律 顾问聘请协议》，接受公司委托，担任公司 2024 年限制性股票激励计划的专项法律 顾问。 根据《中华人民共和国公司法》《中华人民共和国证券法》《上市公司股权激 励管理 ...

证券代码：001309 证券简称：德明利 公告编号：2024-087 深圳市德明利技术股份有限公司 第二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、准确和完整，没有虚 假记载、误导性陈述或者重大遗漏。 一、监事会会议召开情况 具体内容详见公司同日披露于指定信息披露媒体及巨潮资讯网 （http://www.cninfo.com.cn）的《关于调整 2024 年限制性股票激励计划相关事项 的公告》。 深圳市德明利技术股份有限公司（以下简称"公司"）第二届监事会第二十 一次会议的会议通知已于 2024 年 9 月 4 日以电子邮件的方式送达给全体监事， 会议于 2024 年 9 月 4 日在公司 24 楼会议室以现场结合通讯表决方式紧急召开。 本次会议由公司监事会主席李国强先生召集并主持，应出席监事 3 名，实际出席 监事 3 名，董事会秘书于海燕女士列席了本次会议。本次会议的召集、召开和表 决程序符合《公司法》等法律、法规和《公司章程》的规定。 二、监事会会议审议情况 经与会监事审议，作出如下决议： 1、审议通过了《关于调整公司 2024 年限制性股票激励计划相关事项的议 案》 ...

2024 注：（1）上述任何一名激励对象通过全部在有效期内的股权激励计划获授的本公司股票累计数均未超过 公司总股本的1%。公司全部在有效期内的激励计划所涉及的股票总数累计未超过本激励计划草案公告时公司 股本总额的10%。激励对象不包括公司独立董事、监事，不包括单独或合计持有公司5%以上股份的公司股东或 实际控制人及其配偶、父母、子女。 序号 姓名 职务 获授的限制性 股票数量 （股） 占本次授予 限制性股票 总数的比例 占本激励计划公告 时公告股本总额的 比例 1 杜铁军 董事、总经理 280,000 24.7241% 0.1897% 2 褚伟晋 财务负责人 40,000 3.5320% 0.0271% 3 于海燕 董事会秘书 40,000 3.5320% 0.0271% 4 中层管理人员（21 人） 565,500 49.9338% 0.3832% 5 核心技术人员（27 人） 84,000 7.4172% 0.0569% 6 核心业务人员（8 人） 46,000 4.0618% 0.0312% 7 董事会认定需要激励的 其他员工（23 人） 77,000 6.7991% 0.0522% 合计 1,132, ...

证券代码：001309 证券简称： 德明利 公告编号：2024-088 广东信达律师事务所对公司 2024 年限制性股票激励计划（草案）出具了相 关法律意见书。 深圳市德明利技术股份有限公司 关于调整公司 2024 年限制性股票激励计划相关事项的公告 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有虚 假记载、误导性陈述或者重大遗漏。 深圳市德明利技术股份有限公司（以下简称"公司"或"德明利"）于 2024 年 9 月 4 日召开第二届董事会第二十二次会议、第二届监事会第二十一次会议， 审议通过了《关于调整公司 2024 年限制性股票激励计划相关事项的议案》。现 因部分激励对象因个人原因自愿不参与本次激励计划，需对本次激励计划的激励 对象及授予数量进行调整。现将有关情况公告如下： 一、公司 2024 年限制性股票激励计划已履行的程序 1、2024 年 7 月 23 日，公司召开第二届董事会薪酬与考核委员会第五次会 议，审议通过了《关于公司〈2024 年限制性股票激励计划（草案）〉及其摘要的 议案》《关于公司<2024 年限制性股票激励计划实施考核管理办法>的议案》。 2024 年 7 月 23 ...

证券代码：001309 证券简称： 德明利 公告编号：2024-089 深圳市德明利技术股份有限公司 关于向 2024 年限制性股票激励计划激励对象首次授予 限制性股票的公告 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有 虚假记载、误导性陈述或者重大遗漏。 特别提示： 深圳市德明利技术股份有限公司（以下简称"公司"或"本公司"）于 2024 年 9 月 4 日召开第二届董事会第二十二次会议、第二届监事会第二十一次会议， 审议通过了《关于向 2024 年限制性股票激励计划激励对象首次授予限制性股票 的议案》。公司董事会决定根据公司《2024 年限制性股票激励计划（草案）》的 相关规定以及公司 2024 年第二次临时股东大会的授权，经公司董事会薪酬与考 核委员会审议通过，董事会认为公司 2024 年限制性股票激励计划首次授予限制 性股票授予条件已成就，决定以 2024 年 9 月 4 日为授予日，向符合授予条件的 82 名激励对象首次授予限制性股票 113.25 万股，授予价格为 45.03 元/股。现 将有关情况公告如下： 1、2024 年 7 月 23 日，公司召开第二届董事会薪酬与考核委员 ...

Investment Rating - The report maintains a "Buy" rating for the company [1][2]. Core Views - The company experienced rapid growth in H1 2024, achieving revenue of 2.176 billion RMB, a year-on-year increase of 268.50%, and a net profit of 388 million RMB, marking a return to profitability [2]. - The company's gross margin reached 29.00%, up 26.84 percentage points year-on-year, while the net profit margin was 17.81%, an increase of 31.26 percentage points year-on-year [2]. - The report highlights the company's strategic focus on storage technology, which has led to a diversified product matrix and an expanding customer base, contributing to its growth [2]. - The semiconductor market is expected to grow significantly, with the storage market projected to see over 75% growth in 2024, providing favorable conditions for the company [2]. Summary by Sections Financial Performance - In H1 2024, the company reported revenue of 2.176 billion RMB, a 268.50% increase year-on-year, and a net profit of 388 million RMB, compared to a loss in the previous year [2]. - For Q2 2024, revenue was 1.365 billion RMB, reflecting a 373.12% year-on-year increase and a 68.36% quarter-on-quarter increase [2]. - The company expects revenues of 3.996 billion RMB, 4.409 billion RMB, and 5.655 billion RMB for 2024, 2025, and 2026 respectively, with corresponding net profits of 801 million RMB, 634 million RMB, and 711 million RMB [3]. Market Position and Strategy - The company is capitalizing on the recovery of the storage market, expanding its product offerings to include embedded storage and memory modules, which are becoming new growth points [2]. - The company has successfully entered the supply chains of several well-known enterprises, enhancing its customer diversity and operational stability [2]. - The report emphasizes the importance of AI applications driving demand in the storage market, which is expected to benefit the company significantly [2]. Valuation - The report adjusts the company's earnings forecast upwards, reflecting the anticipated growth in the storage industry and the company's strategic positioning [2]. - The projected P/E ratios for 2024, 2025, and 2026 are 13.0, 16.4, and 14.6 respectively, indicating a favorable valuation outlook [3].

Financial Performance - The company reported a significant increase in revenue, achieving a total of 500 million RMB for the first half of 2024, representing a 20% year-over-year growth[2]. - The company reported a revenue of RMB 500 million for the first half of 2024, representing a 20% increase compared to the same period last year[7]. - In the first half of 2024, the company's operating revenue reached ¥2,176,088,235.83, representing a year-on-year growth of 268.50%[54]. - The net profit attributable to shareholders was ¥387,647,150.47, a significant turnaround from a loss of ¥79,416,483.65, marking a 588.12% increase[14]. - The basic earnings per share increased to ¥2.63 from a loss of ¥0.54, reflecting a 587.04% improvement[14]. - The company reported a net cash flow from operating activities of -¥659,850,872.25, which is a 61.06% increase in cash outflow compared to -¥409,692,252.72 in the previous year[14]. - The gross margin improved to 35%, up from 30% in the previous year, due to cost optimization measures[7]. - The overall gross margin for the reporting period was 29.00%, a significant improvement from 2.16% in the same period last year[49]. - The company reported a total comprehensive income of CNY 389,176,906.78 for the first half of 2024, compared to a loss of CNY 74,480,825.32 in the first half of 2023[198]. User Growth and Market Expansion - User data indicates a growth in active users, reaching 1.2 million, which is a 15% increase compared to the previous period[3]. - The company expects a revenue growth forecast of 25% for the second half of 2024, driven by new product launches and market expansion strategies[7]. - Market expansion plans include entering two new international markets by Q4 2024, targeting an additional 10% market share[2]. - The company plans to expand its market presence in Southeast Asia, targeting a 10% market share by the end of 2025[7]. - The company is actively expanding its overseas sales channels, with rapid growth in regions such as Central Asia, West Asia, Europe, and North America[52]. Research and Development - The company is investing 50 million RMB in R&D for new technologies aimed at enhancing product efficiency[4]. - Research and development expenses increased by 30% to RMB 100 million, focusing on the development of 3D NAND flash technology[7]. - The company has established new R&D centers in Beijing and Hangzhou, significantly increasing the number of R&D personnel and enhancing innovation capabilities[59]. - The company has authorized 99 patents, including 34 invention patents, and has developed a strong R&D team with over 30% of personnel having experience in well-known chip design departments[63]. - The company is focusing on R&D for high-margin products and optimizing its product structure to maintain profitability and financial health[107]. Product Development and Launches - New product launches are expected to contribute an additional 100 million RMB in revenue by the end of 2024[3]. - The company introduced a new line of USB storage products, projected to contribute an additional RMB 50 million in revenue by Q4 2024[7]. - The company has developed multiple storage control chips, enhancing its competitive edge through proprietary firmware solutions and production optimization tools[20]. - The company launched a USB/Type-C dual-head high-speed storage drive with read/write speeds exceeding 1000MB/s, catering to the demand for high-capacity and convenient mobile storage[27]. - The company has expanded its embedded storage product line to include automotive-grade and industrial-grade products, with eMMC and UFS standards to meet market demands[23]. Strategic Acquisitions and Partnerships - The company has completed a strategic acquisition of a smaller tech firm for 200 million RMB to enhance its product offerings[3]. - A strategic acquisition of a local competitor is anticipated to enhance production capabilities and increase market share by 5%[7]. - A new partnership with a leading semiconductor firm is expected to accelerate the development of next-generation storage solutions[7]. Financial Management and Investments - No cash dividends will be distributed for this fiscal year, as the company focuses on reinvestment[2]. - The company has successfully entered the supply chains of several well-known enterprises, enhancing its product introduction and sales structure[52]. - The company has established long-term strategic partnerships with major storage manufacturers, enhancing its procurement channels and market competitiveness[67]. - The company has a total of ¥352,582,408.02 in overseas assets, accounting for 23.22% of the company's net assets, with no significant impairment risks[73]. - The company has a total outstanding loan balance of CNY 100 million from multiple credit agreements as of June 30, 2024[174]. Risks and Challenges - The company has identified key risks including market competition and supply chain disruptions, with strategies in place to mitigate these risks[3]. - The company faces risks from macroeconomic fluctuations that may impact demand for storage products, particularly in the Hong Kong market[92]. - The company is exposed to risks from upstream material shortages and price volatility, particularly concerning NAND Flash wafers, which are critical to production[94]. - The company reported accounts receivable risks due to delayed payments and potential defaults, which may lead to increased bad debts and liquidity issues[105]. Corporate Governance and Compliance - The company has committed to not transferring or entrusting its shares for 36 months from the date of listing, with compliance confirmed[123]. - The company has established measures to address any unfulfilled commitments, including public apologies and potential salary adjustments for responsible executives[127]. - The company has a structured approach to managing executive conduct and ensuring accountability in financial practices[128]. - The company has reported normal compliance with all commitments made during the IPO process[124]. Shareholder Engagement and Stock Options - The company held its annual general meeting with a participation rate of 57.67% on March 18, 2024[109]. - The company’s stock option incentive plan has undergone multiple adjustments due to equity distributions and employee changes, reflecting a dynamic approach to employee incentives[112][113]. - The company plans to grant 1,470,000 restricted stocks under the 2024 incentive plan, with 1,176,000 shares allocated to 101 individuals and a reserved amount of 294,000 shares at a grant price of 45.03 CNY/share[118]. Operational Efficiency - The company maintains a high utilization rate of storage wafers, which significantly impacts operational efficiency, as storage wafers account for a large portion of the cost in storage modules[35]. - The company has established a rigorous procurement management system, sourcing storage wafers primarily from major suppliers like Samsung, SK Hynix, Micron, Western Digital, and KIOXIA, which collectively hold about 95% of the global market share[39]. - The company’s production model is primarily Fabless, emphasizing the enhancement of control chip design capabilities while outsourcing certain production processes to foundries and testing companies[42].

证券代码：001309 证券简称： 德明利 公告编号：2024-080 深圳市德明利技术股份有限公司 关于回购注销 2023 年限制性股票激励计划 部分限制性股票的公告 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有虚 假记载、误导性陈述或者重大遗漏。 深圳市德明利技术股份有限公司（以下简称"公司"或"德明利"）于 2024 年 8 月 29 日召开第二届董事会第二十一次会议、第二届监事会第二十次会议， 审议通过了《关于回购注销 2023 年限制性股票激励计划部分限制性股票的议案》。 根据《上市公司股权激励管理办法》、公司《2023 年限制性股票激励计划（草 案）》（以下简称"本激励计划"）的有关规定，公司拟回购注销 1 名离职人员 已授予登记尚未解除限售的限制性股票共 1,820 股，占本激励计划首次授予登记 限制性股票数量 1,260,324 股的 0.14%，占截至 2024 年 6 月 30 日公司总股本 147,586,231 股的 0.0012%。本次回购注销后本激励计划首次授予登记完成但尚 未解除限售的限制性股票数量由 1,260,324 股调整为 1,258,504 股，首次授 ...

深圳市德明利技术股份有限公司 关于前次募集资金使用情况的专项报告 根据《上市公司监管指引第 2 号——上市公司募集资金管理和使用的监管要求》《深圳证 券交易所股票上市规则》和《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》等相关法律、法规和规范性文件及公司《募集资金管理制度》，公司分别在中国光 大银行股份有限公司深圳熙龙湾支行、交通银行股份有限公司深圳分行、广东华兴银行股份有 限公司江门分行、中国民生银行股份有限公司深圳科苑支行、江苏银行股份有限公司深圳分行、 深圳市德明利技术股份有限公司 关于前次募集资金使用情况的专项报告 本公司及其董事、监事、高级管理人员保证公告内容真实、准确和完整，并对公告中的虚 假记载、误导性陈述或者重大遗漏承担责任。 - 3 - 一、前次募集资金的募集情况 1、前次募集资金数额和资金到位时间 经中国证券监督管理委员会《关于核准深圳市德明利技术股份有限公司首次公开发行股票 的批复》（证监许可[2022]1120 号）核准，深圳市德明利技术股份有限公司（以下简称"公 司"或"本公司"）采用公开发行人民币普通股（A 股）20,000,000.00 股，发行价格为 ...

华泰联合证券有限责任公司 关于深圳市德明利技术股份有限公司增加 2024 年度向金融 机构申请综合授信额度及接受关联方担保的核查意见 华泰联合证券有限责任公司（以下简称"华泰联合证券"或"保荐人"）作为深 圳市德明利技术股份有限公司（以下简称"德明利"或"公司"）的持续督导机构， 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》等有关规定，对德明利增加 2024年度向金融机构申请综合授信额度及接受关联方担保事项进行了审阅、核 查，具体情况如下： 一、保荐机构进行的核查工作 华泰联合证券保荐代表人查阅了公司关联交易的信息披露文件、相关董事会 决议、独立董事专门会议的审查意见，以及各项业务和管理规章制度，对其关联 交易的合理性、必要性、有效性进行了核查。 二、关联交易概述 1、公司申请增加综合授信/借款 为满足公司及其子公司日常经营及业务发展需要，拓宽融资渠道，降低融资 成本，在确保运作规范和风险可控的前提下，公司拟增加2024年度向银行等金融 机构申请不超过20亿元 ...