证券代码：002396 证券简称：星网锐捷 公告编号：临 2024-24 福建星网锐捷通讯股份有限公司 关于召开 2023 年年度股东大会的提示性公告 本公司及董事会全体成员保证公告内容真实、准确和完整，不存在虚假记载、误导性陈 述或者重大遗漏。 福建星网锐捷通讯股份有限公司（以下简称"公司"）兹定于2024年5月20 日（星期一）召开2023年度股东大会。现将本次会议的相关事项提示性公告如下： （一）股东大会届次：2023 年度股东大会 （二）召集人：公司董事会。经公司第六届董事会第三十一次会议审议通过， 决定召开本次年度股东大会。 （三）会议召开的合法、合规性：本次股东大会会议召开符合《中华人民共 和国公司法》、《上市公司股东大会规则》等有关法律法规、部门规章、规范性文 件和《公司章程》的规定。 （四）会议召开日期和时间： 1、现场会议召开时间：2024 年 5 月 20 日下午 2:30。 2、网络投票时间：2024 年 5 月 20 日。其中：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 2024 年 5 月 20 日上午 9:15-9:25,9:30-11:30 和 下午 13:00-15: ...

证券代码：002396 证券简称：星网锐捷 公告编号：临 2024-23 福建星网锐捷通讯股份有限公司 关于回购股份的进展公告 本公司及董事会全体成员保证公告内容真实、准确和完整，不存在虚假记载、误导性 陈述或者重大遗漏。 福建星网锐捷通讯股份有限公司（以下简称："公司"）于 2023 年 11 月 10 日召开的第六届董事会第二十六次会议、2023 年 11 月 28 日召开公司 2023 年第 四次临时股东大会，会议审议通过了《关于以集中竞价方式回购公司股份方案的 议案》，同意公司使用自有资金以集中竞价交易方式回购公司股份；回购股份的 种类为公司发行的 A 股股份，回购资金总额不低于人民币 5,000 万元（含）且 不超过人民币 10,000 万元（含）；回购股份价格不超过人民币 23.8 元/股（含）。 回购期限自公司股东大会审议通过回购股份方案之日起不超过 6 个月。具体内容 详见公司于 2023 年 11 月 29 日在《证券时报》《中国证券报》《上海证券报》《证 券日报》及巨潮资讯网（http://www.cninfo.com.cn）披露的《回购报告书》(公 告编号：临 2023-80)。 - 1 ...

第一章 总则 第一条 本制度所称选聘会计师事务所，是指公司根据有关法律法规要求，聘任 会计师事务所对本公司及下属全资或控股子公司（已上市控股子公司除外）的财 务会计报告发表审计意见、出具审计报告的会计师事务所。公司下属全资或控股 子公司（已上市控股子公司除外）不再单独选聘会计师事务所。 第二条 为规范福建星网锐捷通讯股份有限公司（以下简称"公司"）选聘（含 续聘、改聘，下同）会计师事务所的有关行为，确保公司聘用合格的会计师事务 所，提高公司财务信息披露的质量，相关法律法规、证券监督管理部门的相关要 求及《公司章程》的规定，结合公司实际情况，制定本制度。 选聘会计师事务所从事除财务会计报告审计之外的其他法定审计业务的，可参照 本制度执行。 第二章 选聘工作职责 福建星网锐捷通讯股份有限公司 会计师事务所选聘管理制度 第三条 公司选聘会计师事务所应经董事会审计委员会（以下简称"审计委员会"） 审议同意后，提交董事会审议，并由股东大会决定。 第四条 审计委员会负责选聘会计师事务所工作，并监督及评估其审计工作开展 情况。审计委员会应当切实履行下列职责： （一）按照董事会的授权制定选聘会计师事务所的政策、流程及相关内部 ...

证券代码：002396 证券简称：星网锐捷 公告编号：临 2024-22 （一）股东大会届次：2023 年度股东大会 （二）召集人：公司董事会。经公司第六届董事会第三十一次会议审议通过， 决定召开本次年度股东大会。 （三）会议召开的合法、合规性：本次股东大会会议召开符合《中华人民共 和国公司法》、《上市公司股东大会规则》等有关法律法规、部门规章、规范性文 件和《公司章程》的规定。 （四）会议召开日期和时间： 1、现场会议召开时间：2024 年 5 月 20 日下午 2:30。 2、网络投票时间：2024 年 5 月 20 日。其中：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 2024 年 5 月 20 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 2024 年 5 月 20 日上午 9:15 至下午 15:00。 （五）会议召开方式：本次股东大会采取现场投票与网络投票相结合的方式。 福建星网锐捷通讯股份有限公司 关于召开 2023 年年度股东大会的通知 本公司及董事会全体成员保证公告内容真实、准确和完整，不存在虚 ...

证券代码：002396 证券简称：星网锐捷 公告编号：临2024-21 《2024年第一季度报告》全文详见2024年4月26日披露于《证券时报》、《证券 日报》、《上海证券报》、《中国证券报》和巨 潮 资 讯 网 （http://www.cninfo.com.cn）上的公告。 第六届监事会第十八次会议决公告 本公司及监事会全体成员保证公告内容真实、准确和完整，不存在虚假记载、误导性陈述 或者重大遗漏。 一、监事会会议召开情况 福建星网锐捷通讯股份有限公司（以下简称"公司"）第六届监事会第十八次会 议通知于 2024 年 4 月 12 日以电子邮件方式发出，会议于 2024 年 4 月 24 日以现场 会议的方式在福建省福州市高新区新港大道 33 号星网锐捷科技园 22 层公司会议室 召开。本次会议由公司监事会主席徐燕惠女士召集并主持。应到监事三人，实到监 事三人，本次会议的召集、召开符合《中华人民共和国公司法》和《公司章程》的 有关规定。 二、监事会会议审议情况 经与会监事认真审议，本次会议以现场记名投票表决方式表决通过了以下议案： 本次会议以 3 票赞成，0 票反对，0 票弃权的表决结果，审议通过《2024 ...

证券代码：002396 证券简称：星网锐捷 公告编号：临2024-20 福建星网锐捷通讯股份有限公司 第六届董事会第三十一次会议决议公告 《2024 年第一季度报告》全文详见 2024 年 4 月 26 日披露于《证券时报》、《证 券 日 报 》 、 《 上 海 证 券 报 》 、 《 中 国 证 券 报 》 和 巨 潮 资 讯 网 （http://www.cninfo.com.cn）上的公告。 福建星网锐捷通讯股份有限公司（以下简称："公司"）第六届董事会第三十一 次会议通知于 2024 年 4 月 12 日以电子邮件方式发出，会议于 2024 年 4 月 24 日以 现场会议的方式在福建省福州市高新区新港大道 33 号星网锐捷科技园 22 层公司会 议室召开。本次会议应到董事九人，实到董事九人。公司监事、高级管理人员亦列 席了本次会议，会议由董事长黄奕豪先生召集并主持。本次会议的召集、召开符合 《公司法》和《公司章程》的规定。 二、董事会会议审议情况 经与会董事认真审议，本次会议以现场记名投票表决方式逐项表决通过了以下 决议： （一）本次会议以 9 票赞成，0 票反对，0 票弃权的表决结果，审议通过《20 ...

Financial Performance - The company's operating revenue for the current period is ¥3,139,013,847.42, a decrease of 6.37% compared to the same period last year[3]. - Net profit attributable to shareholders of the listed company is ¥11,551,866.79, down 85.72% year-on-year[3]. - The net cash flow from operating activities is -¥1,900,247,172.61, a decline of 130.41% compared to the previous year[3]. - The company reported a decrease in investment income of 108.19%, amounting to -¥809,111.95[9]. - The company recorded a significant drop in basic earnings per share to ¥0.0199, down 85.65% from the previous year[3]. - The company reported a net profit margin decline due to increased operating costs despite a decrease in total revenue[36]. - Net profit for the period was CNY 24,277,976.17, a significant decrease from CNY 149,018,041.39 in the previous period, representing a decline of approximately 83.69%[46]. - The company reported a total comprehensive income of CNY 22,738,805.19, down from CNY 148,411,830.43, reflecting a decrease of about 84.66%[47]. - Basic earnings per share were CNY 0.0199, compared to CNY 0.1387 in the previous period, showing a decline of approximately 85.64%[47]. Assets and Liabilities - Total assets at the end of the period amount to ¥14,923,570,771.60, representing a decrease of 3.10% from the end of the previous year[3]. - Current assets totaled ¥10,717,108,254.92, down 5.79% from ¥11,378,725,423.99[22]. - Non-current assets increased to ¥4,206,462,516.68, up 4.57% from ¥4,022,377,434.55[22]. - Total liabilities decreased to ¥5,805,251,915.57 from ¥6,303,439,426.95, a reduction of 7.91%[23]. - Shareholders' equity increased to ¥9,118,318,856.03, up from ¥9,097,663,431.59, reflecting a growth of 0.23%[23]. Cash Flow - The company's cash and cash equivalents as of March 31, 2024, are 3,303,376,872.75 RMB, down from 4,349,696,383.92 RMB at the beginning of the period[17]. - Operating cash inflow totaled CNY 3,315,001,514.67, an increase from CNY 3,186,160,645.80 in the previous period, reflecting a growth of approximately 4.05%[41]. - Cash inflow from financing activities was $1,313,590,000.00, up from $481,225,712.00 in the prior period[50]. - Net cash flow from financing activities increased by 431.50% to ¥1,165,037,087.08, reflecting enhanced financing efforts[9]. - The ending cash and cash equivalents balance was $3,215,899,249.19, down from $3,464,548,497.25[50]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 64,072, with the top 10 shareholders holding 36.27% of the shares[12]. - Fujian Province Electronic Information Group Co., Ltd. holds 26.07% of the shares, amounting to 154,551,950 shares[12]. - The top 10 shareholders include both state-owned and private entities, with significant stakes held by state-owned enterprises[12]. - The company is currently unaware of any related party relationships among the top shareholders[15]. - The company has not reported any changes in the lending or borrowing of shares among the top shareholders[15]. Operational Changes - The company has increased its investment in construction projects, with a significant rise in "in-progress construction" by 382.13% to ¥95,183,215.33[7]. - Short-term borrowings have increased by 86.15% to ¥1,724,290,997.39, indicating a rise in financing activities[7]. - The company is focusing on new product development and market expansion strategies to enhance future growth prospects[36]. - Research and development expenses amounted to CNY 529,208,196.05, slightly down from CNY 538,731,341.04, a decrease of about 1.93%[46]. - Sales expenses increased to CNY 489,282,872.59 from CNY 420,748,896.55, marking an increase of approximately 16.30%[46].

中信证券股份有限公司 关于福建星网锐捷通讯股份有限公司分拆所属子公司 锐捷网络股份有限公司至创业板上市 2023 年持续督导核查意见 福建星网锐捷通讯股份有限公司（以下简称"公司"、"上市公司"、"星网 锐捷"）将其所属子公司锐捷网络股份有限公司（以下简称"锐捷网络"）分拆至 深圳证券交易所（以下简称"深交所"）创业板上市（以下简称"本次分拆上 市"、"本次分拆"），中信证券股份有限公司（以下简称"本独立财务顾问"） 作为本次分拆上市的独立财务顾问，根据中国证监会《上市公司分拆规则（试 行）》（以下简称"《分拆规则》"），对本次分拆后上市公司核心资产与业务的 独立经营状况及持续经营能力、锐捷网络是否发生对上市公司权益有重要影响的资 产和财务状况变化、锐捷网络是否存在其他对上市公司股票价格产生较大影响的重 要信息以及上市公司是否依法履行相关信息披露义务等持续督导事项进行了专项核 查，发表核查意见如下： 上市公司和锐捷网络均拥有独立、完整、权属清晰的经营性资产；建立了独立 的财务部门和财务管理制度，并对其全部资产进行独立登记、建账、核算、管理。 锐捷网络的组织机构独立于控股股东和其他关联方，上市公司和锐捷网络各自 ...

Investment Rating - The report maintains a "Buy" rating for the company, indicating an expected investment return exceeding 15% over the next 6-12 months [4][14]. Core Insights - The company, Ruijie Networks, achieved a revenue of 11.542 billion yuan in 2023, reflecting a year-on-year growth of 1.9%, while net profit decreased by 27% to 401 million yuan due to weak demand from internet and government enterprise clients and high R&D expenditures [2][12]. - Ruijie Networks holds the third position in market share across various segments, including switches and data center switches, while leading in Wi-Fi6 product shipments and local computing cloud terminal market share [2]. - The launch of the AI-FlexiForce intelligent computing center network solution is expected to drive growth in the company's smart network business as domestic intelligent computing center construction accelerates [2][14]. Financial Performance Summary - In 2023, the company reported total revenue of 15.908 billion yuan, a slight increase of 1.06% year-on-year, with a net profit attributable to shareholders of 425 million yuan, down 26.36% [12][14]. - The overall gross margin for the company was 36.26%, a decrease of 0.32 percentage points compared to the previous year, with various product segments showing mixed performance in revenue growth and gross margins [13]. - The company has increased its management and R&D expenditures, with sales, management, R&D, and financial expense ratios rising to 13.91%, 4.88%, 16.74%, and 0.00% respectively [13]. Earnings Forecast and Valuation - The net profit forecasts for 2024 and 2025 have been adjusted downwards to 614 million yuan and 836 million yuan, respectively, reflecting a decrease of 23% and 2% from previous estimates [14]. - The report anticipates a positive outlook for the company driven by trends in AI intelligent computing centers and increased demand for data center white box switches [14]. - The projected P/E ratios for the company are 16X for 2024, 12X for 2025, and 9X for 2026, indicating a favorable valuation trajectory [14].

Financial Performance - Non-current asset disposal gains for 2023 amounted to ¥91,039,883.46, a significant increase from a loss of ¥1,159,338.79 in 2022[1] - Government subsidies recognized in the current period reached ¥105,015,973.02, up from ¥92,985,363.75 in 2022, indicating a growth of approximately 13.0%[1] - The total impact of non-recurring gains and losses for 2023 was ¥106,488,578.43, compared to ¥60,713,436.70 in 2022, reflecting an increase of about 75.5%[5] - The impairment reversal of receivables for 2023 was ¥7,287,489.57, which is a notable increase from ¥3,271,904.71 in 2022[5] - The company reported a loss from debt restructuring of ¥5,796,609.37 in 2023, worsening from a loss of ¥228,005.30 in 2022[5] - The impact of inflation on financial statements for 2023 was recorded at ¥14,844,951.76, highlighting the financial pressures faced during the year[5] - The overall financial performance indicates a strong recovery and growth trajectory compared to the previous years, with strategic initiatives in place for future expansion[9] - In 2023, the company's operating revenue reached ¥15,907,679,830.74, representing a 1.06% increase compared to ¥15,740,570,057.82 in 2022[34] - The net profit attributable to shareholders was ¥424,850,898.81, a decrease of 26.36% from ¥576,059,357.43 in the previous year[34] - The net profit after deducting non-recurring gains and losses was ¥318,362,320.38, down 38.32% from ¥515,345,920.73 in 2022[34] - The net cash flow from operating activities increased by 152.52% to ¥1,370,117,934.09, compared to ¥542,576,189.82 in 2022[34] - The total assets at the end of 2023 were ¥15,401,102,858.54, reflecting a 6.39% increase from ¥14,446,104,964.16 in 2022[34] - The net assets attributable to shareholders increased by 5.95% to ¥6,432,682,053.51 from ¥6,071,145,954.11 in the previous year[34] - The basic earnings per share decreased by 26.46% to ¥0.7274 from ¥0.9876 in 2022[34] - The weighted average return on net assets was 6.78%, down from 11.44% in the previous year[34] Market Position and Strategy - In 2023, Ruijie Networks ranked third in the Chinese switch market, data center switch market, and campus switch market according to IDC data[55] - In the same year, Ascend Information ranked first in global thin client shipments and has maintained the top position in the Asia-Pacific and Chinese thin client markets for twelve consecutive years[55] - The company is focusing on expanding its market presence and enhancing its product offerings, particularly in AI and IoT technologies[29] - The company maintained a strong market position, ranking third in China's switch market and first in Wi-Fi6 product shipments[91] - The company is actively expanding into new markets such as digital entertainment and smart home solutions, enhancing its business boundaries[69] - The company is exploring metaverse applications in the entertainment sector and aims to enhance service capabilities in the K-mei network[140] - The company is committed to increasing its market share in the U.S. while also expanding into Latin America, Europe, and Asia in the vehicle networking sector[140] Research and Development - Research and development expenses for 2023 amounted to CNY 2.785 billion, accounting for 17.51% of total revenue, with 431 patents applied for during the year[74] - The company aims to enhance its competitive edge by focusing on innovation in emerging technologies such as AI, metaverse, and cloud computing[72] - The company is actively pursuing market expansion strategies, targeting new geographic regions to enhance its market presence[196] - Ongoing research and development efforts are focused on enhancing product features and improving user experience[196] Risk Management - The company has identified risks including macroeconomic fluctuations, technological risks, and supply chain issues, which are detailed in the management discussion section[24] - The company recognizes risks from macroeconomic fluctuations and plans to strengthen internal product line collaboration to mitigate uncertainties[141] - The company is increasing investment in R&D to address technology risks and meet evolving customer demands in cloud computing and AI[141] - The company is increasing raw material procurement and diversifying supply channels to mitigate supply chain risks[174] Corporate Governance - The company has maintained a strong governance framework, ensuring compliance with regulatory requirements across its operations[198] - The board of directors consists of 9 members, including 3 independent directors, and held 15 meetings during the reporting period[186] - The company implements a performance-based incentive mechanism to enhance operational efficiency and achieve business goals[187] - The company strictly adheres to information disclosure regulations, ensuring timely and accurate communication with investors[190] Future Outlook - The company has outlined a positive outlook for the upcoming year, projecting a revenue increase of approximately 15%[196] - The digital economy is expected to be a new driving force for economic growth, with significant emphasis on technological innovation and digital transformation in 2024[136] - The company plans to expand its market presence in the smart communication field by focusing on all-optical communication and enhancing AI and edge computing applications[140] - The company aims to enhance operational efficiency and increase per capita output ratio in 2024, focusing on sustainable growth in the smart industry sector[139] Investment and Acquisitions - The company has identified potential acquisition targets to bolster its competitive position in the industry[196] - The company invested ¥245,306,760.00 to acquire a 66.16% stake in Fujian Kaimi Network Technology Co., Ltd. on May 31, 2023[96] Shareholder Engagement - The company is actively engaging with investors to gather feedback on its development strategy and operational performance[178] - The company held 6 shareholder meetings during the reporting period, with all agenda items approved[185]