安徽承义律师事务所 关于苏州东山精密制造股份有限公司 2024 年度向特定对象发行股票 发行过程和认购对象合规性的 法律意见书 安徽承义律师事务所 ANHUI CHENGYI LAW FIRM 地址：安徽省合肥市怀宁路 200 号置地广场栢悦中心五层 邮编：230041 传真：0551-65608051 电话：0551-65609615 65609815 1 安徽承义律师事务所 法律意见书 致：苏州东山精密制造股份有限公司 安徽承义律师事务所（以下简称"本所"）接受苏州东山精密制造股份有 限公司（以下简称"发行人"）委托，担任发行人2024年度向特定对象发行股 票（以下简称"本次发行"）的专项法律顾问。根据《公司法》、《证券法》、 《承销办法》、《注册管理办法》、《实施细则》、《公开发行证券公司信息 披露的编报规则第12号——公开发行证券的法律意见书和律师工作报告》《律 师事务所从事证券法律业务管理办法》和《律师事务所证券法律业务执业规则 （试行）》等相关法律、行政法规、部门规章、规范性文件的规定，基于律师 行业公认的业务标准、道德规范和勤勉尽责精神，就发行人本次发行的发行过 程及认购对象合规性出具本法律意见 ...

证券代码：002384 证券简称：东山精密 公告编号：2025-042 苏州东山精密制造股份有限公司 关于签订募集资金三方监管协议的公告 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。 一、募集资金基本情况 经中国证券监督管理委员会《关于苏州东山精密制造股份有限公司向特定对 象发行股票注册的批复》（证监许可〔2025〕911 号）核准，苏州东山精密制造 股份有限公司（以下简称"公司"或"本公司"）向特定对象发行人民币普通股 （A 股）股票 125,693,822 股，每股发行价格 11.17 元，募集资金总额为 1,403,999,991.74 元。坐扣承销及保荐费（含税）8,480,000.00 元（不包括预付的 1,060,000.00 元）后的募集资金为 1,395,519,991.74 元，已由主承销商国泰海通证 券股份有限公司（以下简称"国泰海通"）于 2025 年 6 月 11 日将人民币 1,395,519,991.74 元汇入公司账户。另扣除律师费、审计费、法定信息披露等其他 发行费用 3,487,447.01 元（不含税），以及扣除公司以自有 ...

目 录 | 一、验证报告 ……………………………………………………………………………………… 第 1―2 页 | | --- | | 二、附件 · …… | | --- | | (一)网下申购资金明细表 · | | (二)询证函复印件和银行进账单 … | | (三)本所营业执照复印件 · | | (四)本所执业证书复印件 · | | (五)签字注册会计师执业证书复印件 …………………………………………第 9-10 页 | 3 型 您可使用手机"扫一扫"或进入"注册会计师行业统一监管平台（http://acc.mof.gov.cn）"进行查 技告线 验证报告 天健验〔2025〕5-3 号 国泰海通证券股份有限公司: 我们接受委托,对截至 2025年6月11日 11:00止参与申购由贵公司主承销 的苏州东山精密制造股份有限公司(以下简称东山精密公司)向特定对象发行人 民币普通股(以下简称本次发行)网下申购资金的实收情况进行验证。按照国家 相关法律、法规的规定和协议、合同、章程的要求进行发行,提供真实、合法、 完整的验证资料,保护资产的安全、完整是贵公司和苏州东山精密制造股份有限 公司的责任。我们的责任是对参与申购 ...

Group 1 - A total of 638 stocks reported their latest shareholder numbers as of June 10, with 268 stocks showing a decrease compared to the previous period [1][3] - Among the stocks with a decline in shareholder numbers, 16 stocks experienced a drop of over 10% [3] - The stock with the largest decrease in shareholder numbers was Shanshui Bide, which saw a 22% drop to 4,744 shareholders [3] Group 2 - The average increase of concentrated stocks since May 21 was 0.76%, outperforming the Shanghai Composite Index, which rose by 0.25% [2] - 44% of concentrated stocks achieved excess returns relative to the market [2] - Yuanlong Yatu had the highest increase among stocks with a decline in shareholder numbers, rising by 48.42% since May 21 [2] Group 3 - The latest concentrated stocks showed an average increase of 2.66% since June 1, with notable performers including Tongyuan Petroleum, Zhun Oil Co., and Jinchengzi, which increased by 85%, 55.44%, and 51.42% respectively [3] - Industries with the most concentrated stocks included machinery, electronics, and basic chemicals, with 31, 29, and 24 stocks respectively [3]

Core Viewpoint - Dongshan Precision, a leading PCB company in China, announced the acquisition of 100% of Source Photonics for a total investment of up to RMB 5.935 billion, attracting significant market attention [1] Group 1: Company Overview - Source Photonics, established in 2010, specializes in the design, research, development, production, and sales of optical communication modules and components, covering a range of optical modules from 10G to over 800G [1] - Dongshan Precision's stock hit the daily limit, with a trading volume of RMB 8.139 billion, marking a historical high [1] Group 2: Market Dynamics - The optical module and optical communication sectors have gained popularity due to the rapid growth in AI computing power demand, leading to significant performance improvements for optical device companies [1] - The optical module is a core component for data transmission between communication devices, converting electrical signals to optical signals for high-speed information transfer [2][5] Group 3: Industry Chain and Demand - The optical communication product chain consists of upstream optical chips, midstream optical devices, and downstream optical modules, with applications in data communication and telecommunications markets [5][7] - The telecommunications market is the initial focus for optical communication, while the data communication market is the fastest-growing segment, driven by cloud computing and big data [7] Group 4: AI Impact on Optical Module Demand - The rise of AI models has significantly increased the demand for high-performance optical modules, as the need for data and computing power continues to grow exponentially [8][9] - Each NVIDIA H100 chip requires approximately 1.5 800G optical modules and 2.15 400G optical modules, indicating a strong correlation between AI chip performance and optical module demand [9] Group 5: Global Industry Landscape - Chinese manufacturers dominate the global optical module market, holding seven out of the top ten positions, with Innolight and Eoptolink leading the rankings [12] - By the end of 2024, Chinese companies are expected to capture 35% of the global 800G market, reflecting a significant increase in competitiveness [15] Group 6: Related ETFs - The ChiNext AI ETF (159381) tracks AI-focused companies listed on the ChiNext board, with over 26.6% weight in optical module stocks, including major players like Eoptolink and Innolight [16] - The 5G Communication ETF (515050) focuses on the 5G communication theme, with over 33% weight in optical communication stocks, highlighting the sector's importance in the broader technology landscape [16]

证券代码：002384 证券简称：东山精密 公告编号：2025-042 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、募集资金基本情况 经中国证券监督管理委员会《关于苏州东山精密制造股份有限公司向特定对 象发行股票注册的批复》（证监许可〔2025〕911 号）核准，苏州东山精密制造 股份有限公司（以下简称"公司"或"本公司"）向特定对象发行人民币普通股 （A 股）股票 125,693,822 股，每股发行价格 11.17 元，募集资金总额为 券股份有限公司（以下简称"国泰海通"）于 2025 年 6 月 11 日将人民币 发行费用 3,487,447.01 元（不含税），以及扣除公司以自有资金预付的保荐费 募集资金到位情况经天健会计师事务所（特殊普通合伙）审验，并由其出具了《验 资报告》（天健验〔2025〕5-2 号）。 二、募集资金三方监管协议的签订情况和募集资金专户的开立情况 为规范公司募集资金的存放、使用与管理，保护投资者合法权益，根据《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（2025 ...

国现行法律、法规以及中国证监会有关规定发表法律意见。 文件资料及证言进行了审查判断,保证本法律意见书不存在本所律师已经知晓 或者应当知晓的虚假记载、误导性陈述及重大遗漏。 安徽承义律师事务所 法律意见书 安徽承义律师事务所 关于苏州东山精密制造股份有限公司 发行过程和认购对象合规性的 法律意见书 安徽承义律师事务所 ANHUI CHENGYI LAW FIRM 地址：安徽省合肥市怀宁路 200 号置地广场栢悦中心五层 邮编：230041 传真：0551-65608051 电话：0551-65609615 65609815 安徽承义律师事务所 法律意见书 释 义 在本法律意见书中，除非文义另有所指，下列词语具有如下含义： 公司、发行人、上市公 指 苏州东山精密制造股份有限公司 司、东山精密 本次发行 指 苏州东山精密制造股份有限公司 2024 年度向特定对象发行股票 保荐人（主承销商）、 指 国泰海通证券股份有限公司 国泰海通 本所 指 安徽承义律师事务所 中国证监会 指 中国证券监督管理委员会 深交所 指 深圳证券交易所 《公司法》 指 《中华人民共和国公司法》 《证券法》 指 《中华人民共和国证券法》 《注 ...

Group 1: Institutional Trading Activity - On the institutional trading leaderboard, 34 stocks were listed, with 14 experiencing net buying and 20 facing net selling [1] - The top three stocks with the highest net buying by institutions were: Yuekang Pharmaceutical (¥227 million), Yuyin Co., Ltd. (¥129 million), and Dongshan Precision (¥125 million) [1][2] Group 2: Market Developments in Stablecoins - Hong Kong's "Stablecoin Regulation" has been passed, establishing a licensing system for stablecoin issuers, effective from August 1 [4] - The regulation is expected to accelerate the compliance development of stablecoins and fill the regulatory gap for fiat-backed stablecoins [4] - The market for Real World Assets (RWA) is projected to reach $16 trillion by 2030, indicating significant investment opportunities in RWA asset operations, banking IT, and cross-border payments [4] Group 3: IP Economy Insights - Light Media, a major producer of "Nezha 2," is expected to surpass $100 million in overseas box office revenue, with derivative sales reaching hundreds of billions [6] - The IP derivative market in China is projected to reach ¥174.2 billion by 2024, with a compound annual growth rate of 15.1% from 2020 to 2024 [6] - Companies with strong product design, supply chain management, and IP operation capabilities are likely to attract high-quality IP licensing opportunities as consumer spending on IP derivatives increases [6]

Market Overview - On June 16, the A-share market saw all three major indices rise, with over 3,500 stocks increasing in value. Market focus was on sectors such as Ant Financial concepts, gaming, film and television, and cross-border payment [1] - A total of 55 stocks hit the daily limit up, with 17 stocks achieving consecutive limit ups. The limit up rate was 72% (excluding ST and delisted stocks) [2] Key Stocks - The stock of Jiekang Equipment (300875) rose by 20.01% to 37.72, marking its second consecutive limit up [3] - Dongshan Precision (002384) announced plans to acquire 100% of Solstice Optoelectronics, leading to a 10.02% increase in its stock price to 34.60 [12][16] - Tianyang Technology (300872) experienced a 20.00% increase to 22.68, driven by its focus on stablecoins and cross-border payments [17] Trading Volume and Turnover - The trading volume for Light Media (300251) reached 57.64 billion, with a price increase of 19.98% [4][8] - Dongshan Precision had a trading volume of 81.39 billion, with a 10.02% increase [12] - Tianyang Technology's trading volume was 30.77 billion, with a 20.00% increase [17] Institutional Activity - The top three net purchases by institutions included Light Media (2.1 billion), Dongshan Precision (1.25 billion), and Yuyuan Technology (1.19 billion) [27] - The top three net sales by institutions were Aoyang Health (-1.21 billion), Tongyuan Oil (-1.07 billion), and Qianhong Pharmaceutical (-846.77 million) [5][23] Industry Insights - The Shanghai International Film Festival highlighted the economic impact of films like "Nezha," with projections of over 200 billion RMB in GDP contribution and over 1 billion USD in overseas box office potential [11] - The summer film season has seen a total box office of 860 million RMB, with 78 films scheduled for release, indicating a strong pipeline of both domestic and international films [11]

Core Viewpoint - The PCB/CCL industry is experiencing a positive demand trend driven by AI computing power, with high utilization rates and expectations for continued growth in the second quarter of 2025. The overall demand is expected to remain strong due to advancements in AI applications and the increasing need for high-end products in the market [2][3][4]. Group 1: Industry Trends - The industry is in an expansion phase, with downstream AI innovations driving demand upward. The overall demand for consumer electronics, automotive, and server upgrades is expected to improve [3][16]. - PCB manufacturers are operating at a capacity utilization rate of 90-95% in Q1 2025, with expectations for continued upward trends in Q2. The industry is entering a new capacity expansion phase, focusing on high-end HDI and multilayer boards [3][24][23]. - The global PCB market is projected to grow by 6.8% in 2025, with significant contributions from AI-related applications [33][35]. Group 2: Demand Drivers - AI computing power is driving rapid growth in high-end HDI and multilayer demand, with a tight supply-demand relationship expected to persist [4][43]. - The demand for CCL materials is increasing, particularly for high-frequency and high-speed applications, with leading domestic manufacturers poised to benefit significantly [5][29]. - The automotive sector is also seeing a trend towards smart technology, which is expected to drive demand for upgraded PCB specifications [6][20]. Group 3: Investment Opportunities - Investment opportunities are identified in the PCB supply chain, particularly in high-end boards, CCL, and domestic replacements. The ongoing AI-driven technological innovation cycle is expected to create broader market demand [8][9]. - Companies involved in high-end PCB production, such as those focusing on AI server applications, are recommended for investment due to the anticipated growth in this segment [8][9]. - The domestic PCB industry is expanding its high-end capacity and increasing its overseas presence, indicating a positive outlook for future performance [24][25].