Group 1 - The semiconductor sector experienced a strong rally, with Tianyue Advanced hitting a 20% limit up and other companies like Baiwei Storage and Demingli also seeing significant gains [1] - Global semiconductor demand continued to improve in August, with slight growth in PCs and tablets, and rapid growth in TWS headphones, wearable devices, and smart home products [1] - AI servers and new energy vehicles maintained high growth rates, with demand expected to continue recovering in September [1] Group 2 - Despite short-term supply being relatively ample and high inventory levels, overall prices are still rising, indicating a positive supply-demand outlook for September [1] - A-share semiconductor companies reported significant performance growth according to mid-year reports, with major domestic cloud service providers contributing notably to cloud business revenue [1] - The AI sector remains a long-term investment focus with substantial innovation, and there is a suggestion to keep an eye on leading companies in niche segments [1] Group 3 - The rise of AI large models and the increasing market share of AI smart glasses and AI smartphones are driving demand for edge AI computing power, leading to steady growth in the market for various semiconductor hardware [2] - Traditional consumer electronics, including smartphones, PCs, and IoT, are showing a weak recovery trend, while domestic substitution remains a prevailing trend [2] - Semiconductor companies with autonomous and controllable capabilities are expected to continue benefiting from these trends [2]

Group 1 - The semiconductor sector experienced a strong rally on September 5, with notable stocks such as Tianyue Advanced hitting a 20% limit up, Baiwei Storage rising over 12%, and Demingli also reaching the limit up, while Cambrian increased nearly 9% [2] - Global semiconductor demand continued to improve in August, with slight growth in PCs and tablets, rapid growth in TWS headphones, wearable devices, and smart home products, and high-speed growth in AI servers and new energy vehicles, with expectations for continued recovery in September [2] - Despite a relatively high inventory level and short-term supply being ample, overall prices in the semiconductor sector are still rising, with expectations for a favorable supply-demand balance in September [2] Group 2 - The rise of AI large models and the increasing market share of AI smart glasses and AI smartphones are driving demand for edge AI computing power, which in turn boosts the market demand for high-performance Ethernet switches, advanced storage products, GPUs, and edge computing chips [3] - The traditional consumer electronics sector, including smartphones, PCs, and IoT, is showing a weak recovery trend, while domestic substitution remains a significant trend, benefiting semiconductor companies with autonomous and controllable capabilities [3]

Core Viewpoint - The 2025 ELEXCON Shenzhen International Electronics Show highlighted the importance of domestic innovation in the AI sector, with Demingli Technology showcasing its comprehensive storage solutions aimed at empowering industrial intelligence upgrades [1][3]. Group 1: Company Achievements - Demingli Technology was awarded the "Annual AI Market Leader Award" at the ELEXCON conference, recognizing its commitment to domestic substitution and independent innovation in the AI field [3]. - The company has developed a full-stack product ecosystem for AI, including consumer, enterprise, and industrial-grade solutions, enhancing its self-controllable capabilities through a "chip + algorithm + scenario" approach [3][11]. Group 2: Product Offerings - Demingli's embedded storage products, including LPDDR, UFS, and eMMC, are designed to meet the high concurrency and low latency demands of AI applications, with LPDDR 5X and UFS 2.2/3.1 achieving speeds of up to 8533 Mbps and 2000 Mbps respectively [3][4]. - The company has completed compatibility certification for its eMMC 5.1 and LPDDR4X products with mainstream SoC platforms, ensuring industry-leading consistency and durability [4]. Group 3: Industrial Solutions - Demingli focuses on high-value industrial control markets, offering customized solutions such as SATA SSDs and PCIe SSDs that meet stringent industrial performance standards [7]. - The fully domestically produced industrial-grade SSD solutions, including the DS1420, ES1020, and VS1030 series, utilize self-developed SATA SSD controllers, supporting the domestic replacement of critical information infrastructure [7]. Group 4: Consumer Solutions - The company has launched a new generation of consumer-grade storage products tailored for various scenarios, including entertainment and professional creation, with PCIe 5.0 SSDs achieving read/write speeds of 14 GB/s [9]. - Demingli's portable SSDs feature a lightweight design with capacities up to 4TB and transfer speeds of 2000 MB/s, catering to the diverse needs of young and professional users [9]. Group 5: Strategic Vision - Demingli positions storage as a core infrastructure for the intelligent development of industries, aiming to inject new momentum into domestic substitution and promote the deep integration of AI across consumer electronics, industrial control, and edge intelligence [11].

Core Viewpoint - The company, Demingli, is experiencing a decline in stock price and trading volume, while its business focuses on flash memory control chip design and storage module products, benefiting from trends in storage solutions for smart wearables and data centers [1][2][4]. Business Overview - The main business of the company is concentrated on the design and development of flash memory control chips, as well as the sales of storage module products, including storage cards, storage disks, and solid-state drives, primarily targeting the mobile storage market [2][8]. - The embedded storage business has established a complete product matrix covering mainstream protocols such as UFS, LPDDR, and eMMC, offering high-performance, low-power storage solutions for smart wearable devices [2][3]. - The company’s data center storage solutions aim to meet the increasing demands for high capacity, performance, reliability, and scalability, driven by advancements in cloud computing, big data, and artificial intelligence [2][3]. Market Position - Demingli has been recognized as a "specialized, refined, distinctive, and innovative" small giant enterprise, which signifies its strong market position and innovation capabilities in niche markets [3]. - As of the 2024 annual report, overseas revenue accounted for 69.74% of total revenue, benefiting from the depreciation of the Renminbi [4]. Financial Performance - For the first half of 2025, the company achieved a revenue of 4.109 billion, representing a year-on-year growth of 88.83%, while the net profit attributable to shareholders was -118 million, a decrease of 130.43% year-on-year [9]. - The revenue composition includes 41.37% from embedded storage products, 37.34% from solid-state drives, 13.06% from mobile storage, and 8.22% from memory bars [8][9]. Shareholder and Market Activity - As of August 20, 2025, the number of shareholders increased to 32,000, with an average of 5,000 circulating shares per person, indicating a slight decrease [9]. - The stock has seen a net outflow of 64.7947 million in recent trading days, with a significant reduction in main funds over three consecutive days [5][6].

1、本次回购注销2023年限制性股票数量为1,656股，占公司2023年限制性股票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1,141,927股的0.15%；本次回购注销2024年限制性股票数量为2,100 股，占公司2024年限制性股票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1,560,580股 的0.13%。以上共回购注销3,756股，占本次回购注销前公司总股本226,890,028股的0.0017%，共向2名原 限制性股票激励对象支付回购注销款90,969.69元。 2、截至本公告披露日，上述限制性股票已在中国证券登记结算有限责任公司深圳分公司完成注销手 续。 3、本次限制性股票回购注销符合法律、行政法规、部门规章、规范性文件、《公司章程》《2023年限 制性股票激励计划（草案）》《2024年限制性股票激励计划（草案）》等的相关规定。 公司于2025年7月28日，召开2025年第二次临时股东大会，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》《关于回购注销2024年限制性股票激励计划部分限制性股票的议 案》，同意公司根据《2023年限制性股票激励 ...

Core Viewpoint - The document outlines the independent director working system of Shenzhen Demingli Technology Co., Ltd., aiming to enhance corporate governance and ensure compliance with relevant laws and regulations [1]. Group 1: General Provisions - The independent directors are defined as those who do not hold any other positions in the company and have no relationships that could impair their independent judgment [2]. - The company’s board of directors will consist of three independent directors, including at least one accounting professional [2]. - Independent directors are required to fulfill their duties diligently and loyally to the company and all shareholders [2]. Group 2: Responsibilities and Duties - Independent directors must attend board meetings and specialized committee meetings, actively understand the company's operations, and gather necessary information for decision-making [2][3]. - They are responsible for supervising potential conflicts of interest between the company and its major shareholders, ensuring decisions align with the overall interests of the company [14]. - Independent directors must provide professional and objective advice to enhance the decision-making quality of the board [24]. Group 3: Appointment and Independence - Independent directors must meet specific qualifications, including independence, relevant knowledge, and experience in legal, economic, management, accounting, or finance [4][5]. - Candidates for independent directors must not have any relationships that could compromise their independence, such as being employed by the company or holding significant shares [5][6]. - The company must ensure that independent directors maintain their independence throughout their tenure and report any situations that may affect their independence [11][12]. Group 4: Special Powers and Rights - Independent directors have the authority to independently hire intermediaries for auditing, consulting, or verification of specific company matters [26]. - They can propose the convening of temporary shareholder meetings and request board meetings [26]. - Independent directors must report any significant issues that may harm the company or minority shareholders to the board [29]. Group 5: Work Conditions and Support - The company is required to provide necessary working conditions and support for independent directors to effectively perform their duties [33]. - Independent directors should receive equal access to information as other board members and can communicate with the board secretary regarding meeting materials [34]. - The company must cover the costs incurred by independent directors when hiring intermediaries for their duties [38].

Core Points - The document outlines the work guidelines for the board secretary of Shenzhen Demingli Technology Co., Ltd, aiming to enhance the company's standardized operations and the role of the board secretary [1][2] - The board secretary is a senior management position responsible for the board and must pass a qualification exam recognized by the Shenzhen Stock Exchange [1][2] Section Summaries General Principles - The guidelines are established based on relevant laws and regulations, including the Company Law and Securities Law of the People's Republic of China [1] - The company appoints one board secretary who is a senior management member and is accountable to the board [1] Qualifications of the Board Secretary - The board secretary must have at least a college degree and over three years of experience in secretarial, management, or equity affairs [2] - Essential knowledge in finance, management, and law is required, along with good personal qualities and professional ethics [2] - Individuals with certain disqualifying conditions, such as recent administrative penalties from the China Securities Regulatory Commission, cannot serve as board secretary [2][3] Responsibilities of the Board Secretary - The primary duties include managing information disclosure, investor relations, and coordinating communication with regulatory bodies and stakeholders [3][4] - The board secretary is responsible for organizing board and shareholder meetings, maintaining confidentiality of sensitive information, and ensuring compliance with legal obligations [3][4] Appointment and Dismissal Procedures - The board secretary is nominated by the chairman and appointed or dismissed by the board [4][5] - The company must appoint a new board secretary within three months of the initial public offering or the previous secretary's departure [4][5] - A confidentiality agreement must be signed upon appointment, and the board secretary has the right to report any obstruction in their duties to the Shenzhen Stock Exchange [4][5] Transitional Provisions - In the event of a vacancy, the board must appoint an acting secretary and report to the Shenzhen Stock Exchange [5][6] - The acting secretary must be appointed within three months, and the chairman will assume the role if the vacancy exceeds this period [5][6]

深圳市德明利技术股份有限公司 董事会议事规则 第一章 总 则 董事会议事规则 二〇二五年九月 深圳市德明利技术股份有限公司 董事会议事规则 目 录 深圳市德明利技术股份有限公司 董事会议事规则 深圳市德明利技术股份有限公司 第一条 为了进一步规范深圳市德明利技术股份有限公司（以下简称"公司"） 董事会的议事方式和决策程序，促使董事和董事会有效地履行其职责，提高董事 会规范运作和科学决策水平，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》《上市公司独立董事管理办法》《深圳市 德明利技术股份有限公司章程》（以下简称"《公司章程》"）等有关规定，制 定本规则。 第二条 董事会对股东会负责，行使法律、行政法规、部门规章、《公司章 程》及股东会授予的职权。 第三条 董事会下设董事会办公室，处理董事会日常事务。董事会秘书或者 证券事务代表负责保管董事会印章。 第四条 董事会会议分为定期会议和临时会议。董事会每年应当至少在上下 两个半年度各召开一次定期会议。 第二章 董事会的组成与职权 第五条 公司董事会是公司的常设性决策机构，对股东会负责。董事会在《公 司法》和《公司章程》规定的权限范围 ...

Core Viewpoint - The document outlines the management system for the resignation of directors and senior management personnel at Shenzhen Demingli Technology Co., Ltd, establishing procedures and responsibilities in accordance with relevant laws and regulations [2][3][12]. Summary by Sections General Principles - The management system is designed to regulate the resignation of directors and senior management personnel based on the Company Law, Securities Law, and other relevant regulations [2][3]. Resignation Circumstances and Procedures - Directors and senior management can resign before their term ends by submitting a written report, with the resignation effective upon receipt by the company [4]. - Specific circumstances that disqualify individuals from serving as directors or senior management are outlined, including criminal convictions and financial irresponsibility [4][5]. Responsibilities and Obligations After Resignation - Directors and senior management must adhere to restrictions on share sales for six months post-resignation, with a maximum of 25% of their shares allowed to be sold annually [8][9]. - They are required to report their resignation details to the company within two trading days [7][9]. Commitment Fulfillment - Resigned personnel must continue to fulfill any public commitments made during their tenure, with the company retaining the right to pursue legal action for any breaches [10][11]. Departure Audit - The audit committee may initiate an audit for departing personnel involved in significant financial decisions, with findings reported to the board [11][12]. Miscellaneous Provisions - The document specifies that any unresolved issues related to legal disputes or business matters must be actively managed by the departing personnel [10][11]. - The system is effective upon approval by the board and is subject to modification as necessary [12].

深圳市德明利技术股份有限公司 2025年股票期权激励计划（草案）摘要 股票简称：德明利 证券代码：001309 深圳市德明利技术股份有限公司 激励对象承诺，若公司因信息披露文件中有虚假记载、误导性陈述或者重 大遗漏，导致不符合授予权益或行使权益安排的，激励对象自相关信息披露文 件被确认存在虚假记载、误导性陈述或者重大遗漏后，将由本激励计划所获得 的全部利益返还公司。 （草案）摘要 二○二五年九月 深圳市德明利技术股份有限公司 2025年股票期权激励计划（草案）摘要 声明与承诺 特别提示 一、本激励计划依据《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办法》《深圳证券交易所上市公司自律监管指南第 1 号——业务办理》等有关法律、行政法规、规范性文件以及《深圳市德明利技 术股份有限公司章程》（以下简称"《公司章程》"）等有关规定制订。 深圳市德明利技术股份有限公司 2025年股票期权激励计划（草案）摘要 二、本激励计划所采用的激励形式为股票期权。股票来源为公司向激励对 象定向发行的本公司人民币 A 股普通股股票。 本公司及全体董事保证本激励计划及其摘要不存在虚假记载、误导性陈述 或重大遗 ...