证券代码：002079 证券简称：苏州固锝 公告编号：2026-005 苏州固锝电子股份有限公司 第八届董事会第十七次临时会议决议公告 本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 性陈述或重大遗漏。 苏州固锝电子股份有限公司（以下简称"公司"）第八届董事会第十七次临时会议于2026 年3月20日以电话、电子邮件的方式发出会议通知，并于2026年3月24日以通讯表决方式召开， 本次会议应到董事9人，实到董事9人。会议符合《中华人民共和国公司法》和《公司章程》 的有关规定。会议由董事长吴炆皜先生主持，经与会董事审议并以投票表决的方式通过如下 议案： 一、审议通过《关于向特定对象发行股票相关授权的议案》 为确保公司向特定对象发行股票顺利进行，基于公司股东会审议通过的发行预案和授权 范围，董事会同意在本次向特定对象发行股票的过程中，如按照竞价程序簿记建档后确定的 发行股数未达到认购邀请文件中拟发行股票数量的 70%，公司董事会授权公司董事长与主承 销商协商一致，可以在不低于发行底价的前提下，对簿记建档形成的发行价格进行调整，直 至满足最终发行股数达到认购邀请文件中拟发行股票数量的 7 ...

获得中国证券监督管理委员会同意注册批复的提示性公告 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。 苏州固锝电子股份有限公司（以下简称"公司"）于2026年3月3日收到中国证券 监督管理委员会（以下简称"中国证监会"）出具的《关于同意苏州固锝电子股份有 限公司向特定对象发行股票注册的批复》（证监许可〔2026〕344号），批复主要内容 如下： 证券代码：002079 证券简称：苏州固锝 公告编号：2026-004 苏州固锝电子股份有限公司 关于申请向特定对象发行股票 "一、同意你公司向特定对象发行股票的注册申请。 二、你公司本次发行应严格按照报送深圳证券交易所的申报文件和发行方案实施。 三、本批复自同意注册之日起12个月内有效。 四、自同意注册之日起至本次发行结束前，你公司如发生重大事项，应及时报告 深圳证券交易所并按有关规定处理。" 公司董事会将按照有关法律法规和上述批复文件的要求及公司股东会的授权，在 规定期限内办理本次向特定对象发行股票的相关事宜，并根据进展情况及时履行信息 披露义务。敬请广大投资者注意投资风险。 特此公告。 苏州固锝电子股份有限公司董事 ...

苏州固锝电子股份有限公司 （江苏省苏州市通安开发区通锡路 31 号） 2024 年度向特定对象发行 A 股股票 募集说明书 （注册稿） 保荐机构（主承销商） （广东省广州市黄埔区中新广州知识城腾飞一街 2 号 618 室） 二〇二六年一月 证券简称：苏州固锝 证券代码：002079 苏州固锝电子股份有限公司 募集说明书 声 明 本公司及全体董事、审计委员会委员、高级管理人员承诺募集说明书及其 他信息披露资料不存在任何虚假记载、误导性陈述或重大遗漏，并对其真实 性、准确性及完整性承担相应的法律责任。 公司负责人、主管会计工作负责人及会计机构负责人保证募集说明书中财 务会计资料真实、完整。 中国证监会、深圳证券交易所对本次发行所作的任何决定或意见，均不表 明其对申请文件及所披露信息的真实性、准确性、完整性作出保证，也不表明 其对发行人的盈利能力、投资价值或者对投资者的收益作出实质性判断或保 证。任何与之相反的声明均属虚假不实陈述。 根据《证券法》的规定，证券依法发行后，发行人经营与收益的变化，由 发行人自行负责。投资者自主判断发行人的投资价值，自主作出投资决策，自 行承担证券依法发行后因发行人经营与收益变化或者证 ...

Investment Rating - The investment rating for the company is "Buy" and is maintained [4] Core Views - The company is actively expanding in multiple sectors including photovoltaics, semiconductors, and humanoid robotics, with expectations for accelerated progress across these fields [2][4] - The company holds a 22% stake in Suzhou Minghao and is focusing on developing pressure sensor products [2] - Profit forecasts indicate that the net profit attributable to the parent company is expected to be CNY 0.80 billion, CNY 0.99 billion, and CNY 1.20 billion for the years 2025 to 2027, representing growth rates of 9%, 23%, and 21% respectively [2] Financial Summary - The projected operating revenue for the company is CNY 5.638 billion in 2024, with a forecasted decline to CNY 3.989 billion in 2025, followed by a recovery to CNY 4.199 billion in 2026 and CNY 4.662 billion in 2027, reflecting changes of +38%, -29%, +5%, and +11% respectively [3] - The net profit attributable to the parent company is projected to decrease to CNY 0.074 billion in 2024, then increase to CNY 0.080 billion in 2025, CNY 0.099 billion in 2026, and CNY 0.120 billion in 2027, with respective growth rates of -52%, +9%, +23%, and +21% [3] - The earnings per share (EPS) is expected to remain stable at CNY 0.1 from 2024 to 2026, and increase to CNY 0.15 in 2027 [3]

Group 1: Financial Performance and Strategies - The company improved its operating cash flow significantly in 2025 and reduced its debt-to-asset ratio through enhanced collection efforts on overdue accounts and risk mitigation strategies for bad debts [1] - The company has adopted a "back-to-back" procurement model for silver powder, locking in silver prices upon receiving customer orders to mitigate the impact of silver price fluctuations [3] Group 2: Technology Development - The company has mastered two technical routes: silver-coated copper paste and pure copper paste, with the former being more readily accepted by customers due to current high silver prices [1][2] - The company has overcome the technical challenge of producing silver-coated copper paste with 10% silver content, and is currently testing products with 5% silver content [2] Group 3: Semiconductor Operations - The Malaysian semiconductor factory serves as the company's overseas packaging and testing base, addressing geopolitical challenges and enhancing competitiveness in the global market [4] - The company plans to focus on developing automotive-grade products and power devices, particularly small-signal devices, while gradually expanding its global presence [5] Group 4: Compliance and Governance - During the investor meeting, the company adhered strictly to regulations, ensuring no undisclosed significant information was leaked, and signed the required commitment letter as per the Shenzhen Stock Exchange [5]

Core Viewpoint - Suzhou Good Drive's subsidiary, New Silicon Energy Microelectronics (Suzhou) Co., Ltd., is focusing on developing SiC-based MOSFET and IGBT series products, with plans to launch targeted and high-performance products in automotive safety components and server power supply applications by 2025, and to introduce iterative products in more emerging fields by 2026 [1] Group 1 - The company is committed to deepening its expertise in SiC-based MOSFET and IGBT series products [1] - By 2025, the company aims to release more targeted and higher-performance products in the automotive safety and server power supply sectors [1] - The company plans to introduce iterative products in additional emerging fields by 2026 [1]

Core Viewpoint - Suzhou Gude's subsidiary, Suzhou Jingyin, has significantly reduced the cost of silver paste for heterojunction solar cells since 2021 by introducing silver-coated copper technology, which is expected to meet customer demands by 2025 [2] Group 1 - The silver-coated copper paste product with 10% silver content is projected to achieve a photoelectric conversion efficiency comparable to high-silver-content pastes by 2025 [2] - The sales of photovoltaic silver paste primarily utilize a back-to-back pricing model, which locks in silver prices based on customer orders while charging processing fees, thus minimizing risks associated with silver price fluctuations [2]

Core Insights - The company Suzhou Gude has confirmed that its subsidiary, Suzhou Dexin Chip Technology Co., Ltd., completed the relocation to a new factory by December 2025 [2] - The first phase of the project, which involves the construction of a 6-inch power device product line, is progressing as planned with a designed capacity of 40,000 pieces per month [2] - In terms of market development, the company is actively working on order reserves, with the demand for power device intention orders reaching 50,000 pieces per month, laying a solid foundation for the release of project capacity [2]

Group 1 - The core point of the article is that Suzhou Gude has reported its shareholder count as of February 13, 2026, which stands at 111,054 households [2]

Summary of Conference Call Notes Company and Industry Focus - The focus is on the photovoltaic (PV) auxiliary materials, specifically silver paste, with a spotlight on Suzhou Goodwe (苏州固锝) as a new player in the T-chain photovoltaic silver paste market, which is characterized by its small market capitalization [1][2] Core Insights and Arguments - Suzhou Goodwe is positioned as a rare manufacturer with silver paste production capacity in Malaysia, which enhances its competitive edge in the market [3] - The first phase of T equipment is expected to see orders placed in Q1-Q2 of 2026, with delivery anticipated by the end of the year, indicating a strong growth trajectory for the company [1] - The PV main industry chain technology is mature, but the bottleneck lies in the battery and its auxiliary materials (silver paste), which are expected to see rapid volume growth [3] - The company ranks third globally in silver paste production and second in low-temperature silver paste, showcasing its technological leadership in the sector [3] - The subsidiary, Crystal Silver, is the first domestic enterprise to achieve mass production of HJT low-temperature silver paste, with a silver content as low as 10% in copper paste materials [3] Market Potential and Financial Projections - The market potential for silver paste in the T 100GW ground and 100GW space projects is significant, with ground projects consuming 12 tons of silver paste per GW (10 tons for TOPCon and 15 tons for HJT) and yielding a profit of 400,000 CNY per ton, translating to a profit of 500 million CNY for 100GW [3] - For space projects, the consumption increases to 18 tons per GW (a 50% increase compared to ground projects), with a profit of 600,000 CNY per ton, leading to a profit of 1.1 billion CNY for 100GW [3] - The total profit increment from silver paste is projected to be 1.6 billion CNY, with the company expected to capture a 40% market share due to its unique overseas production capabilities, resulting in a profit of 640 million CNY, which is valued at a 30x multiple [3] Additional Important Insights - Recent developments include successful sample testing of T, with results expected shortly, indicating ongoing advancements in the company's product offerings [3]