上海市锦天城（深圳）律师事务所 关于广州广合科技股份有限公司 2024 年股票期权与限制性股票激励计划 调整、预留授予及注销部分股票期权与回购注销部分限 制性股票相关事项的 法律意见书 地址：深圳市福田中心区福华三路卓越世纪中心 1 号楼 21-23 层 电话：0755-82816698 传真：0755-82816898 上海市锦天城（深圳）律师事务所 法律意见书 上海市锦天城（深圳）律师事务所 关于广州广合科技股份有限公司 2024 年股票期权与限制性股票激励计划 调整、预留授予及注销部分股票期权与回购注销部分限制性 股票相关事项的 法律意见书 致：广州广合科技股份有限公司 上海市锦天城（深圳）律师事务所（以下简称"本所"）接受广州广合科技 股份有限公司（以下简称"公司"）的委托，作为公司 2024 年股票期权与限制性 股票激励计划（以下简称"本次激励计划"）的特聘专项法律顾问，根据《中华 人民共和国证券法》（以下简称"《证券法》"）、《中华人民共和国公司法》（以下 简称"《公司法》"）、《上市公司股权激励管理办法》（以下简称"《管理办法》"）、 《深圳证券交易所股票上市规则》（以下简称"《上市规则》"）、 ...

广州广合科技股份有限公司 关于全资子公司增资完成工商变更登记的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 广州广合科技股份有限公司（以下简称"公司"）2025 年 6 月 25 日召开第 二届董事会第十五次会议，审议通过了《关于使用募集资金向全资子公司增资实 施募投项目的议案》，同意公司拟使用人民币 10,000 万元的募集资金向全资子公 司黄石广合精密电路有限公司（以下简称"黄石广合"）增资。本次增资完成后， 黄石广合注册资本由人民币 58,000 万元增加至人民币 68,000 万元。具体内容详 见公司于 2025 年 6 月 26 日披露在巨潮资讯网（www.cninfo.com.cn）上的《关 于使用募集资金向全资子公司增资实施募投项目的公告》（公告编号：2025-038）。 证券代码：001389 证券简称：广合科技 公告编号：2025-058 经营范围：电子元器件、电路板研发、生产、销售；工业自动化技术研发、 技术咨询、技术服务；货物或技术进出口（不含国家限制类）。（涉及许可经营项 目，应取得相关部门许可后方可经营） 1 / 2 名称：黄 ...

证券代码：001389 证券简称：广合科技 公告编号：2025-057 广州广合科技股份有限公司 关于召开2025年第三次临时股东会的通知 广州广合科技股份有限公司（以下简称"公司"）2025 年 9 月 23 日召开第 二届董事会第十八次会议，审议通过《关于召开公司 2025 年第三次临时股东会 的议案》，现将 2025 年第三次临时股东会的有关事项通知如下： 一、召开会议的基本情况 1、股东会届次：2025 年第三次临时股东会。 2、会议召集人：公司董事会 3、会议召开的合法合规性说明：本次股东会的召开符合法律法规和有关部 门的规章、文件以及公司章程等的规定。 4、会议召开的日期和时间： （1）现场会议时间：2025 年 10 月 10 日 15:00 （2）网络投票时间：通过深圳证券交易所交易系统进行网络投票的具体时 间为：2025 年 10 月 10 日上午 9:15－9:25、9:30-11:30 和下午 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 2025 年 10 月 10 日上午 9:15 至下午 15:00 期间的任意时间。 5、会议的召开方式：本次股东会采用 ...

证券代码：001389 证券简称：广合科技 公告编号：2025-056 广州广合科技股份有限公司 第二届董事会第十八次会议决议公告 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 经各位董事认真审议，会议形成了如下决议： 1、审议通过了《关于 2024 年股票期权与限制性股票激励计划调整股票期权 行权价格和限制性股票授予价格的议案》 具体内容详见披露于《证券时报》《中国证券报》《上海证券报》《证券日报》 《经济参考网》和巨潮资讯网（http://www.cninfo.com.cn）的《关于调整股票 期权行权价格和限制性股票授予价格的公告》。 本议案已经董事会薪酬与考核委员会审议通过。 本议案经董事会表决，以 7 票同意、0 票反对、0 票弃权的表决结果通过。 2、审议通过了《关于向激励对象授予预留股票期权与限制性股票的议案》 具体内容详见披露于《证券时报》《中国证券报》《上海证券报》《证券日报》 《经济参考网》和巨潮资讯网（http://www.cninfo.com.cn）的《关于向激励对 1 / 2 广州广合科技股份有限公司（以下简称 ...

广州广合科技股份有限公司（以下简称"公司"）董事会薪酬与考核委员会 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》"）、《上市公司股权激励管理办法》（以 下简称"《管理办法》"）等法律法规及《广州广合科技股份有限公司公司章程》 （以下简称"《公司章程》"）及《2024年股票期权与限制性股票激励计划（草 案）》（以下简称"《激励计划》"或"本次激励计划"）的有关规定，对《激 励计划》授予价格调整、预留授予激励对象名单（授予日）与回购注销部分限制 性股票相关事项进行了核查，并发表如下核查意见： 一、关于 2024 年股票期权与限制性股票激励计划调整股票期权行权价格和 限制性股票授予价格的核查意见 广州广合科技股份有限公司 董事会薪酬与考核委员会关于 2024 年股票期权与限制性股票 激励计划调整、预留授予及注销部分股票期权与回购注销部分限 制性股票相关事项的核查意见 2025 年 4 月 21 日，公司召开 2024 年年度股东会，审议通过了《关于公司 2024 年度利润分配预案的议案》，并于 2025 年 5 月 24 日披露《2024 年年度权 益分派 ...

Group 1 - The A-share market saw a collective decline in PCB concept stocks, with notable drops in several companies [1] - Dazhu CNC experienced a decline of 9.09%, while Helitai fell by 8.77% [2] - Other companies such as Aikemi, Chongda Technology, and Guanghua Technology also reported significant decreases, with drops exceeding 7% [1][2] Group 2 - The total market capitalization of Dazhu CNC is 44.3 billion, and it has increased by 190.60% year-to-date [2] - Helitai's market capitalization stands at 24.9 billion, with a year-to-date increase of 39.33% [2] - Aikemi's market capitalization is approximately 48.13 billion, showing a year-to-date increase of 103.98% [2]

- The report discusses a "Momentum Sentiment Indicator" model, which is used for market timing based on the proportion of stocks with positive returns in the CSI 300 Index over a specific period. The model calculates the proportion of stocks with positive returns over N days and applies smoothing with two moving averages (N1 and N2). When the short-term moving average exceeds the long-term moving average, it signals a bullish market sentiment[26][27][29] - The "Moving Average Sentiment Indicator" is another model that evaluates the CSI 300 Index's sentiment by comparing the closing price with eight moving averages (parameters: 8, 13, 21, 34, 55, 89, 144, 233). If the closing price exceeds more than five of these moving averages, the model signals a bullish sentiment[33][34] - The report evaluates the "Cross-Sectional Volatility" factor, which measures the dispersion of stock returns within an index. A higher cross-sectional volatility indicates a favorable alpha environment. Recent data shows a decline in cross-sectional volatility for the CSI 300, CSI 500, and CSI 1000 indices, suggesting a short-term deterioration in the alpha environment[39][41] - The "Time-Series Volatility" factor is also analyzed, which measures the historical volatility of index returns. The report notes a recent decline in time-series volatility for the CSI 300, CSI 500, and CSI 1000 indices, indicating a less favorable alpha environment in the short term[40][44] - The "Fund Concentration Divergence" indicator is introduced to monitor the degree of fund clustering. It calculates the standard deviation of cross-sectional returns within a fund portfolio. A lower standard deviation indicates higher clustering, while a higher standard deviation suggests fund divergence. The report notes a slight decrease in divergence in the most recent week[80][83] - The "Momentum Sentiment Indicator" model's backtest results show that the fast line is currently above the slow line, indicating a bullish sentiment for the CSI 300 Index[27][29] - The "Moving Average Sentiment Indicator" model's backtest results indicate that the CSI 300 Index is currently in a positive sentiment zone, as the closing price exceeds more than five of the eight moving averages[34][36] - The "Cross-Sectional Volatility" factor's recent values are as follows: CSI 300 (1.98%), CSI 500 (2.12%), and CSI 1000 (2.37%) for the past quarter, with respective percentile rankings of 69.77%, 69.84%, and 65.34% over the past two years[41] - The "Time-Series Volatility" factor's recent values are as follows: CSI 300 (0.62%), CSI 500 (0.44%), and CSI 1000 (0.24%) for the past quarter, with respective percentile rankings of 58.18%, 74.60%, and 57.37% over the past two years[44] - The "Fund Concentration Divergence" indicator shows a slight decrease in divergence, with fund and stock excess returns improving week-over-week[80][83]

Group 1 - The company, Guangzhou Guanghe Technology Co., Ltd., has signed a partnership agreement to establish the "Jiupai Hongtao Emerging Industry Venture Capital Fund (Suzhou) Limited Partnership" with several professional investment institutions, committing RMB 30 million, which accounts for 33.31% of the total capital contribution of the partnership [2][3] - The fund has completed the private investment fund registration process with the Asset Management Association of China and has obtained the Private Investment Fund Registration Certificate, with the registration date being September 17, 2025 [3] - The company acknowledges that the investment in the fund may face a long investment recovery period and certain uncertainties regarding returns due to the characteristics of equity investment funds, which are influenced by various factors such as macroeconomic conditions and industry policies [3]

Group 1: Financial Performance - The company achieved a significant increase in revenue and net profit, with net profit growing by 53.91% year-on-year [3] - In the first half of 2025, the company reported revenue of 2.425 billion yuan, a year-on-year increase of 42.17%, and a net profit of 492 million yuan, reflecting strong operational performance [3] Group 2: Business Strategy and Operations - The company is focusing on technological innovation and digital transformation to enhance production capacity and efficiency, aiming to support business growth [4] - The Thailand factory officially commenced production in June 2025 and is currently in the ramp-up phase, with plans to accelerate customer certification and product introduction [5] - The company is actively expanding its overseas market presence, particularly through the Thailand facility, which is positioned to serve high-performance PCB applications [5] Group 3: Market Demand and Customer Relations - The company is experiencing strong demand for computing power infrastructure, which is driving its business growth [3] - Due to commercial policy restrictions, the company is unable to disclose specific details about its overseas suppliers and customers [2][6] - The company maintains stable relationships with major domestic and international server brand clients and ODM customers [4] Group 4: Future Outlook and Growth Measures - The company plans to continue enhancing its management capabilities, reducing costs, and improving operational efficiency to sustain revenue and profit growth [2] - The company is committed to increasing research and development investments to ensure its core technologies remain competitive in the market [4] - The net cash flow from operating activities increased by 67.30% year-on-year, indicating improved cash collection and financial health [4]

证券代码：001389 证券简称：广合科技 公告编号：2025-052 广州广合科技股份有限公司 关于与专业投资机构共同投资设立基金的进展公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 一、对外投资概述 广州广合科技股份有限公司（以下简称"公司"）与深圳市九派资本管理有 限公司、上海苍广科技有限公司、黄福柱、余小荣、黄小琴、欧玉育、胡思郑、 黄言程、夏杨花共同签署了《九派宏涛新兴产业创业投资基金(苏州)合伙企业(有 限合伙)合伙协议》，公司作为有限合伙人以自有资金认缴人民币 3,000 万元参 与设立九派宏涛新兴产业创业投资基金(苏州)合伙企业(有限合伙)，占合伙企业 认缴出资总额的 33.31%。具体内容详见公司于 2025 年 7 月 23 日在《证券时报》 《中国证券报》《上海证券报》《证券日报》《经济参考网》和巨潮资讯网 （http://www.cninfo.com.cn）上披露的《关于与专业投资机构共同投资设立基 金的公告》（公告编号：2025-040）。 二、基金备案情况 合伙企业根据《证券投资基金法》和《私募投资基金监督管理暂行办法》等 法 ...