2025年4月26日 深圳市德明利技术股份有限公司 2024年度独立董事述职报告 深圳市德明利技术股份有限公司 2024年度独立董事述职报告 各位股东及股东代表： 作为深圳市德明利技术股份有限公司(以下简称"公司"、"德明利")的独 立董事，根据《中华人民共和国公司法》《中华人民共和国证券法》《上市公司独 立董事管理办法》以及《公司章程》、公司《独立董事工作制度》等相关规定， 本人在2024年任职期间，认真勤勉履职，积极参加公司相关会议，认真审议独立董 事专门会议、董事会相关专门委员会及董事会的各项议案，充分发挥了独立董事 及董事会相关专门委员会的独立作用，切实维护了公司和股东的利益，现将 2024年本人任职期间履行独立董事职责的情况汇报如下： 一、独立董事的基本情况 （一） 独立董事人员情况 公司董事会由7名董事组成，其中独立董事3人，独立董事人数超过董事会 总人数的三分之一，独立董事人数符合相关法律法规和公司章程的规定。 （二）独立董事任职董事会专门委员会的情况 公司第二届董事会独立董事为周建国、曾献君和杨汝岱。独立董事任职专 门委员会的情况：（1）审计委员会：周建国（主任委员）、杨汝岱；（2）战 略委员 ...

Dividend and Capital Management - The company plans to distribute a cash dividend of 3 yuan per 10 shares (including tax) based on a total of 161,770,306 shares[4]. - The company will increase capital reserves by converting 4 shares for every 10 shares held by shareholders[4]. - The board has approved a dividend payout of RMB 0.5 per share, reflecting a commitment to returning value to shareholders[14]. Financial Performance - The company reported a revenue of RMB 1.2 billion for the fiscal year 2024, representing a year-over-year growth of 15%[14]. - The company's revenue for 2024 reached ¥4,772,546,275.05, representing a 168.74% increase compared to ¥1,775,912,799.26 in 2023[23]. - Net profit attributable to shareholders surged to ¥350,553,740.48, a remarkable increase of 1,302.30% from ¥24,998,465.34 in the previous year[23]. - The basic earnings per share for 2024 was ¥2.38, reflecting a 1,300.00% increase from ¥0.17 in 2023[23]. - The total assets of the company at the end of 2024 amounted to ¥6,568,159,107.56, a 99.75% increase from ¥3,288,196,110.77 in 2023[23]. - The weighted average return on equity for 2024 was 26.83%, up from 2.26% in 2023, indicating significant improvement in profitability[23]. Market and Product Development - The report includes a section on the company's future development outlook, highlighting strategic plans and potential challenges[4]. - The company has made provisions for future investments and potential mergers or acquisitions as part of its growth strategy[6]. - New product launches include a next-generation storage device expected to enhance data transfer speeds by 30%[14]. - The company is investing RMB 200 million in R&D for new technologies, focusing on advanced NAND flash memory solutions[14]. - Market expansion plans include entering three new international markets by the end of 2024, aiming for a 10% market share in each[14]. - The company is exploring potential acquisitions to enhance its technology portfolio, with a budget of RMB 500 million allocated for this purpose[14]. - A strategic partnership with a leading semiconductor firm has been established to co-develop innovative storage solutions[14]. Research and Development - The company is committed to enhancing its R&D capabilities to drive innovation in storage solutions and maintain competitive advantage[15]. - The company has established a comprehensive R&D ecosystem, enhancing its ability to develop advanced storage solutions and improve product performance[119]. - R&D personnel increased to 312, a year-on-year growth of 90.24%, with R&D expenses reaching ¥203.22 million, up 88.14% year-on-year[113]. - The company is focusing on high-performance control chips to extend its product offerings into the mid-to-high-end market[115]. - The company has developed a new generation of self-researched SD6.0 storage card controller chip, with product development completed and customer sampling and validation progressing smoothly[84]. Operational Efficiency and Risk Management - The management discussed potential risks and countermeasures for future operations in the report[4]. - The company emphasizes the importance of accurate financial reporting and has ensured all board members attended the meeting to review the report[4]. - The company has established a structured approach to governance and risk management, ensuring compliance with regulations[7]. - The company aims to improve operational efficiency by 15% through automation and process optimization initiatives[14]. - The company is facing risks from macroeconomic fluctuations that may impact market demand for storage products, particularly in the context of international trade tensions[192]. Sales and Market Trends - User data indicates an increase in active users by 20% compared to the previous year, reaching a total of 5 million active users[14]. - The global semiconductor market is projected to grow by 19% in 2024, reaching approximately $626.9 billion, with the storage market expected to exceed 81% year-on-year growth, reaching $167 billion[34]. - The global smartphone market is expected to see a 4% year-on-year growth in 2024, with China’s smartphone shipments projected to reach 285 million units, also reflecting a 4% increase[49]. - The company has successfully entered the cloud service provider supply chain and launched multiple high-performance SSDs, memory modules, and embedded storage products in 2024[60]. Supply Chain and Production - The company sources storage wafers primarily from major suppliers like Samsung, SK Hynix, Micron, Western Digital, and KIOXIA, which dominate the global market[92]. - The company has established a dynamic monitoring mechanism throughout the development cycle to ensure solutions meet market demands and technological trends[91]. - The company is deepening cooperation with storage manufacturers and testing factories to enhance supply chain security and product quality[189]. - The company has initiated a smart manufacturing project to upgrade its production capabilities and improve the quality of storage products[190]. Financial Management and Fundraising - The total amount of funds raised from the initial public offering (IPO) was RMB 530.8 million, with a net amount of RMB 455.89 million after deducting related expenses[167]. - The company raised RMB 989.60 million through a private placement, with a net amount of RMB 972.04 million after deducting issuance costs[169]. - The company has established a three-party supervision agreement for the management of raised funds with the bank and the underwriter[169]. - The company has committed to investing 2.00 million CNY in the construction of the R&D center, which is expected to be completed by September 30, 2023[174]. Challenges and Strategic Focus - The company faces risks from upstream raw material shortages and price fluctuations, particularly in NAND Flash storage wafers, which constitute a significant portion of production costs[195]. - The company is actively optimizing inventory management to mitigate the negative impacts of price volatility in NAND Flash wafers[196]. - The company is committed to technology innovation and product diversification to enhance competitiveness and market adaptability[194]. - The company is exploring emerging markets and applications to expand its overall market share and mitigate demand fluctuation risks[194].

Investment Rating - The report maintains an "Outperform" rating for the electronic industry [1][9]. Core Viewpoints - The first quarter reports highlight the high prosperity of the industry, emphasizing the importance of the electronic sector as a buying window [1]. - The rise of AI and the demand for domestic chip alternatives are driving growth in the semiconductor sector, particularly in response to U.S. export restrictions [2]. - The automotive storage demand is accelerating, with the global automotive storage chip market expected to grow significantly from $4.3 billion in 2023 to $17 billion by 2030 [4]. - The report suggests that the electronic sector is poised for valuation expansion in 2025, supported by macroeconomic policies, inventory cycles, and AI innovation [1]. Summary by Sections Market Trends - The Shanghai Composite Index rose by 1.19%, while the electronic sector fell by 0.64% in the past week [10]. - The sub-industry performance varied, with optical optoelectronics up by 0.70% and consumer electronics down by 2.61% [10]. Semiconductor Industry - The U.S. Department of Commerce announced new export license requirements for AI chips, increasing domestic demand for local alternatives [2]. - Companies such as Aojie Technology and Jiewa Technology are recommended for investment due to the increasing demand for domestic chips [2]. Automotive Sector - The automotive storage chip market is projected to grow significantly, with a notable increase in the value of storage in automotive semiconductors from 8.2% in 2023 to 17.4% in 2030 [4]. - The report highlights the potential for domestic storage products to gain traction in the high-barrier automotive market [6]. Key Companies and Predictions - Several companies are highlighted for their strong performance and potential, including SMIC, Aojie Technology, and Lianxin Technology, all rated as "Outperform" [9]. - The report provides earnings forecasts and investment ratings for key companies in the semiconductor and electronic sectors [9].

证券代码：001309 证券简称：德明利 公告编号：2025-026 深圳市德明利技术股份有限公司 关于使用暂时闲置募集资金进行现金管理的进展公告 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"）于 2025 年 1 月 21 日 召开第二届董事会第二十六次会议、第二届监事会第二十四次会议，审议通过了 《关于使用暂时闲置的募集资金进行现金管理的议案》，同意公司在确保不影响 募投项目建设进度的情况下，使用不超过 50,000.00 万元人民币的暂时闲置募集 资金进行现金管理，现金管理方式为投资安全性高、流动性好的投资产品（包括 但不限于结构性存款、定期存款、通知存款、大额存单等）。该额度使用期限自 公司董事会审议通过之日起 12 个月内有效，在上述额度及有效期内资金可循环 滚动使用，期限内任一时点的交易金额（含前述投资的收益进行再投资的相关金 额）不应超过审议额度。闲置募集资金现金管理到期后本金及收益将归还至募集 资金专项账户。具体内容详见公司于 2025 年 1 月 23 日在巨潮资讯网 （http://www ...

面对复杂国际贸易环境，德明利提前战略布局聚焦内需市场与国产替代机遇。在国产替代浪潮下，公司 通过自主研发的高性能存储主控芯片和多场景存储解决方案，逐步打破海外技术垄断，为国内算力存力 发展、制造业智能化升级提供核心支持。 美国新一轮关税政策引发全球市场震荡。对此德明利（001309）表示，公司出口美国业务占整体营收比 重极低，"对等关税"不会对公司经营造成重大不利影响，公司同时强调，将通过多元化布局和供应链优 化降低潜在风险，未来将继续密切关注政策动向。 据了解，德明利正在加速完善企业级存储产品布局，并集中资源加快提升产能及交付能力，以满足下游 客户不断提升的订单需求量。公司前瞻性布局的企业级存储产品测试线已经正式启用，强化公司对AI 服务器、数据中心等高端场景的适配能力，为AI服务器等新兴领域提供高可靠存储支持。 德明利认为，关税政策对公司直接影响有限，公司未来将坚持"技术+市场"双轮驱动，重点加大新型存 储架构等前沿技术研发投入，同时深化与新兴市场关键企业合作，通过定制化解决方案构建差异化竞争 力，持续打开公司业务成长空间。（文穗） 德明利还同步深化布局工业控制及嵌入式存储领域。在2025年MemoryS ...

证券代码：001309 证券简称：德明利 公告编号：2025-025 担保协议中的担保方式、担保金额、担保期限、担保费率等重要条款由公 司、源德与相关债权人在以上额度内协商确定，并签署相关协议，相关担保 事项以正式签署的担保文件为准。 本次担保额度预计内的单笔担保原则上不再提交董事会审批。同时，为提 高工作效率，及时办理担保业务，提请股东大会授权董事长暨法定代表人李 虎先生，根据源德实际运营资金需要，在担保额度预计范围内决定办理担保 业务，并签署相关担保协议和其他法律文件。授权期限为自本次担保额度预 计事项获公司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。 深圳市德明利技术股份有限公司 关于为全资子公司提供担保的进展公告 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。 特别风险提示： 1、截至本公告披露日，深圳市德明利技术股份有限公司（以下简称"公 司"）对资产负债率超过 70%的全资子公司源德（香港）有限公司（以下简称 "源德"）提供担保，累计担保合同金额为 18,500 万美元及 10,000 万人民 币，按 2025 年 4 月 3 ...

证券代码：001309 证券简称：德明利 公告编号：2025-024 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完成的公告 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： 1、本次回购注销限制性股票数量为 2,366 股，占本次回购注销前公司总 股本 161,772,672 股的 0.0015%，占公司 2023 年限制性股票激励计划（以下 简称"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 818,028 股的 0.2892% 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）》等的相关规定。 公司于 2025 年 2 月 14 日，召开 2025 年第一次临时股东大会，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》，同意公 司根据《2023 年限制性股票激励计划（草案）》回购注销 1 ...

Investment Rating - The report assigns a "Buy" rating for the company, benefiting from the recovery in the flash memory industry and high growth in performance, driven by self-developed main control chips and enterprise-level storage solutions [5][8]. Core Viewpoints - The company is focused on storage module design and research and development, actively expanding its flash memory product matrix. It primarily develops self-researched main control chips to provide customized full-link storage solutions for clients [7][10]. - The flash memory market is recovering, with industry trends improving steadily. The demand for DRAM and NAND Flash is expected to expand due to the growth of AI PCs and AI smartphones, alongside the upgrade of consumer electronics [7][10]. - The company is making significant strides in enterprise-level storage and main control chips, with a broad market potential. It is accelerating the introduction of various SSD products to meet the expanding downstream market demand [7][10]. Financial Forecast and Valuation - The company’s revenue is projected to grow significantly, with expected revenues of RMB 4.71 billion, RMB 8.08 billion, and RMB 11.13 billion for 2024, 2025, and 2026 respectively, reflecting year-on-year growth rates of 165.43%, 71.36%, and 37.80% [6][49]. - The net profit attributable to the parent company is forecasted to reach RMB 397 million, RMB 657 million, and RMB 1.008 billion for 2024, 2025, and 2026, with staggering growth rates of 1489.09%, 65.31%, and 53.45% respectively [6][51]. - The current price-to-earnings (P/E) ratios are projected to be 51.11, 30.92, and 20.15 for 2024, 2025, and 2026, indicating a favorable valuation compared to comparable companies [8][51]. Company Overview - The company, established in 2008, is a leading integrated circuit design enterprise specializing in self-researched main control chips. It has expanded its product line to include embedded storage, enterprise-level storage, and memory modules [14][20]. - The main products include solid-state drives (SSDs), embedded storage, mobile storage, and memory modules, widely used in data centers, AI, automotive electronics, and mobile phones [20][21]. - The company has experienced steady revenue growth, with revenues increasing from RMB 646 million in 2019 to RMB 1.776 billion in 2023, representing a compound annual growth rate (CAGR) of 29% [7][25].

Group 1 - Demingli has experienced a continuous decline for 7 trading days, with a cumulative drop of -16.95% [1] - Shenzhen Demingli Technology Co., Ltd. focuses on the innovation and research of storage control chips and solutions, recognized as a national high-tech enterprise and a key "little giant" enterprise [1] - Guolianan Fund's Guolianan CSI Semiconductor ETF is among the top ten shareholders of Demingli, having reduced its holdings in the fourth quarter of last year [1] Group 2 - The Guolianan CSI Semiconductor ETF has achieved a return of 4.25% this year, ranking 1137 out of 3440 in its category [1] - The fund managers of Guolianan CSI Semiconductor ETF are Huang Xin and Zhang Zhenyuan [2] Group 3 - Huang Xin holds a master's degree in accounting and finance from the London School of Economics and has extensive experience in investment analysis and fund management since joining Guolianan Fund in 2003 [3][4] - Zhang Zhenyuan has a graduate degree and has held various positions in fund management and quantitative investment since joining Guolianan Fund in 2019 [6]

证券代码：001309 证券简称：德明利 公告编号：2025-023 深圳市德明利技术股份有限公司 关于变更注册资本并完成工商变更登记的公告 法定代表人：李虎 成立日期：2008 年 11 月 20 日 深圳市德明利技术股份有限公司（以下简称"公司"）于 2025 年 1 月 21 日 召开第二届董事会第二十六次会议、于 2025 年 2 月 14 日召开公司 2025 年第一 次临时股东大会，审议通过了《关于变更公司注册资本及修订<公司章程>并办理 工商变更登记的议案》等议案。 因公司完成 2020 年股票期权激励计划第二个行权期和第三个行权期行权股 票登记上市、完成 2024 年股权激励计划首次授予限制性股票登记上市、完成 2023 年股权激励计划不符合激励条件的 1 名离职人员已授予登记尚未解除限售的限 制性股票的回购注销、完成公司向特定对象发行股票新增股票的登记上市事项， 公司的注册资本由原人民币 147,512,976 元变更为人民币 161,772,672 元，公司 股份总数由原 147,512,976 股变更为 161,772,672 股。公司根据《公司法》《证 券法》《上市公司章程指引》等法律 ...