证券代码：002396 证券简称：星网锐捷 公告编号：临 2025-19 福建星网锐捷通讯股份有限公司 第七届监事会第五次会议决议公告 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"）第七届监事会第五次会议 通知于2025年6月4日以邮件方式发出，2025年6月9日会议以通讯的方式在公司会议 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《福建星网锐捷通 讯股份有限公司公司章程》的规定。 经审核，监事会认为：公司本次调整回购价格及回购注销2022年限制性股票激 励计划部分限制性股票相关事项，符合《上市公司股权激励管理办法》等相关法律、 法规和公司《2022年限制性股票激励计划（草案）》的相关规定，不存在损害公司及 股东利益的情形。监事会同意本次回购注销不得解除限售的限制性股票。 《关于调整回购价格及回购注销2022年限制性股票激励计划部分限制性股票的 公告》内容详见2025年6月10日公司指定信息披露媒体 ...

证券代码：002396 证券简称：星网锐捷 公告编号：临 2025-18 福建星网锐捷通讯股份有限公司 第七届董事会第七次会议决议公告 二、董事会会议审议情况 经董事会全体董事认真审议，本次会议以通讯记名的表决方式表决通过了以 下决议： （一）本次会议以8票赞成，1票回避，0票反对，0票弃权的表决结果，审议 通过《关于调整回购价格及回购注销2022年限制性股票激励计划部分限制性股 票的议案》 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。 一、董事会会议召开情况 福建星网锐捷通讯股份有限公司（以下简称："公司"、 "星网锐捷"）第七 届董事会第七次会议通知于2025年6月4日以电子邮件方式发出，会议于2025年6 月9日以通讯会议的方式召开，会议应到董事九人，实到董事九人。会议由董事 长阮加勇先生召集并主持。本次会议的召集、召开符合《中华人民共和国公司法》 和《福建星网锐捷通讯股份有限公司公司章程》（以下称"《公司章程》"）的规定。 鉴于《2022年限制性股票激励计划（草案）》（以下简称"《激励计划》"）首 次授予的激励对象中45名激励对象已离职、1名激励对象已 ...

Core Insights - The information access equipment industry in China is experiencing rapid growth, with a projected market size of 1.92 trillion yuan in 2024, representing a 10% year-on-year increase [1][13][23]. Industry Overview - Information access equipment refers to devices that utilize specialized information and communication technologies to convert and transmit client data to telecom and broadcasting networks [3][5]. - The industry is categorized into four main types: public user access devices, large customer access devices, broadcasting network two-way access devices, and IoT information access devices [3]. Market Dynamics - The demand for information access devices is driven by the increasing need for upgraded technology and solutions, particularly among enterprise users [1][13]. - The construction of new information infrastructure, including 5G and gigabit optical networks, is expected to further boost market demand [23]. Industry Chain - The industry chain consists of component suppliers, manufacturers of information access devices, application sectors, and end-users [9]. - Key components include capacitors, resistors, integrated circuits, optical devices, and PCBs, which are crucial for the stability and reliability of access devices [9][11]. Competitive Landscape - The market is dominated by large enterprises with strong R&D capabilities, including companies like ZTE Corporation, Ruijie Networks, and Hangzhou Chuling Information Technology [17][19]. - These companies provide a wide range of access solutions and services to various sectors, including telecommunications and smart grid applications [19]. Development Trends - The construction of new information infrastructure will continue to drive industry growth, with significant market opportunities anticipated in the coming years [23]. - Environmental sustainability is becoming a critical focus, with companies expected to enhance green innovation and management practices [24][25]. - The industry is moving towards smart network access devices, leveraging advancements in AI and machine learning to improve performance and user experience [26].

证券代码：002396 证券简称：星网锐捷 公告编号：临 2025-17 福建星网锐捷通讯股份有限公司 2024 年年度权益分派实施公告 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。 特别提示： 1.福建星网锐捷通讯股份有限公司（以下简称"公司"）2024年年度权益分派 方案为：以公司实施分配方案时股权登记日的总股本588,609,418股扣除回购专 户2,830,849股后剩余股份数585,778,569股为基数，按照分配比例不变的原则， 向全体股东以现金方式进行利润分配，每10股派发现金红利2.5元（含税），公司 本次实际现金分红的总金额=实际参与分配的总股本×分配比例，即585,778,569 股×0.25元/股=146,444,642.25元，不送红股，不以资本公积转增股本。 2、因公司回购专户中的股份不参与利润分配，本次权益分派实施后，根据股 票市值不变原则，实施权益分派前后公司总股本保持不变，现金分红总额分摊到 每一股的比例将减小。折算后，按股权登记日的总股本折算每股现金红利=实际 现金分红总额÷股权登记日的总股本=146,444,642.25元÷ ...

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。 特别提示： 证券代码：002396 证券简称：星网锐捷 公告编号：临 2025-16 福建星网锐捷通讯股份有限公司 2024 年年度股东大会决议公告 1．本次股东大会未出现否决议案的情形； 一、会议召开和出席情况 （一）会议召开日期和时间： 1、现场会议召开时间：2025年5月20日下午2:30。 2、网络投票时间：2025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2025年5月20日9:15-9:25,9:30-11:30和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5月20日上午9:15 至下午3:00。 （二）会议召开方式：现场投票及网络投票相结合的方式； 股东出席的总体情况： 通过现场和网络投票的股东282人，代表股份211,202,313股，占公司有表决 权股份总数的36.0550％。其中：通过现场投票的股东4人，代表股份154,785,150 股，占公司有表决权股份总数的26.4238％。通过网络投票的股东278人，代表股 份56,4 ...

关于福建星网锐捷通讯股份有限公司 2024 年年度股东大会的 法 律 意 见 书 福建至理律师事务所 地址：福州市鼓楼区洪山园路华润万象城三期 TB#写字楼 22 层 邮政编码：350025 电话：（0591）8806 5558 网址：http://www.zenithlawyer.com 1 1．本所及经办律师依据《证券法》《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)》等规定及本法律意见书出具日以 前已经发生或者存在的事实，严格履行了法定职责，遵循了勤勉尽责和诚实信用 原则，进行了充分的核查验证，保证本法律意见书所认定的事实真实、准确、完 整，所发表的结论性意见合法、准确，不存在虚假记载、误导性陈述或者重大遗 漏，并承担相应法律责任。 2．公司应当对其向本所律师提供的本次会议资料以及其他相关资料（包括 但不限于公司第七届董事会第五会议决议及公告、第七届董事会第六次会议决议 及公告、第七届监事会第三次会议决议及公告、《关于召开 2024 年年度股东大会 的通知》、本次会议股权登记日的公司股东名册和《公司章程》等）的真实性、 完整性和有效性负责。 2 3．对于出席现场会议的 ...

Meeting Information - The 2024 Annual General Meeting (AGM) of Fujian StarNet RuiJie Communication Co., Ltd. is scheduled for May 20, 2025 [1] - The meeting will be convened by the company's board of directors and complies with relevant laws and regulations [1][2] - The meeting will be held both in-person and via online voting [2] Voting Details - The specific time for online voting is from 9:15 to 9:25, 9:30 to 11:30, and 13:00 to 15:00 on May 20, 2025 [1] - The record date for shareholders to attend the meeting is May 15, 2025 [2] - Shareholders can choose either in-person voting or online voting, but not both [2] Agenda Items - The meeting will review the proposal regarding the confirmation of 2024 annual related party transactions and the estimated amount for 2025 [4] - Independent directors will present their annual work reports during the meeting [4] - All proposals have been approved by the company's board and supervisory board [4] Registration and Attendance - Shareholders must register to attend the meeting, with registration available from 15:00 to 17:30 on May 15, 2025 [6] - Registration can also be done via mail or email, but must be completed by 17:00 on May 15, 2025 [6] - The meeting will take place at the company's headquarters in Fuzhou, Fujian Province [2][6] Additional Information - The company will provide a platform for online voting, and detailed procedures for participation will be available [8] - Shareholders are responsible for their own travel and accommodation expenses related to the meeting [6] - Relevant documents, including board resolutions, will be available for review [6]

证券代码：002396 证券简称：星网锐捷 公告编号：临 2025-15 福建星网锐捷通讯股份有限公司 关于召开2024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2025年5月20 日（星期二）召开2024年年度股东大会。现将本次会议的相关事项提示性公告 如下： 一、召开会议的基本情况 （一）股东大会届次：2024年年度股东大会 （二）召集人：公司董事会。经公司第七届董事会第六次会议审议通过，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：2025年5月20日下午2:30。 2、网络投票时间：2025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2025年5月20日9:15-9:25,9:30-11:30和13:00-15:00； 通过深圳证券交易所互联网 ...

Group 1: Company Performance and Market Perception - The company has been heavily reliant on Ruijie Networks for performance, but with its recent spin-off, other subsidiaries are expected to explore growth in areas such as optical communication products, AI applications, and the metaverse [1] - The market currently values the parent company at less than one-third of Ruijie Networks, indicating potential undervaluation [2] - The company is focused on strategic restructuring and business development to enhance shareholder returns and has implemented a market value management system to boost its valuation [2] Group 2: Revenue and Financial Goals - The company aims to align its performance with its core strategy of "ICT infrastructure and AI application solutions," targeting various application scenarios in network and optical communication infrastructure, as well as AI applications [3] - Recent revenue data and future outlook will be disclosed in accordance with regulatory requirements [4] Group 3: Research and Development Investments - In 2024, the company invested approximately 2.668 billion CNY in R&D, accounting for 15.92% of its annual revenue, and has filed 455 patents, including 320 invention patents [5] - The total number of patents held by the company reached 3,097, with 2,255 being valid [5] Group 4: Seasonal Financial Trends - The company's revenue and profit exhibit seasonal characteristics, with Q1 typically contributing a smaller proportion to the annual totals [6]

Investment Rating - The report maintains a "Recommended" rating for the company, indicating a potential upside of over 15% relative to the benchmark index [4][6]. Core Views - The company achieved significant growth in Q1 2025, with a net profit of 0.42 billion yuan, up 264.63% year-on-year, driven by strong demand in the data center switch market and improved operational efficiency [1][2]. - The company is actively expanding its ICT and AI applications, focusing on sectors such as financial technology, smart manufacturing, and vehicle networking, which are expected to drive future growth [3][4]. Summary by Sections Financial Performance - In Q1 2025, the company reported operating revenue of 3.485 billion yuan, a year-on-year increase of 11.02%, and a gross margin of 66.51%, up 1.27% from the previous year [1][2]. - The company’s subsidiary, Ruijie Networks, contributed significantly to the net profit, achieving 1.1 billion yuan in net profit, benefiting from the growing AI computing demand [2]. Business Strategy - The company is enhancing its ICT and AI layout, with innovations in products and solutions aimed at capturing market share in key industries, including finance and smart cities [3]. - The company plans to continue its focus on data center networks and optical communication, while also expanding its presence in the metaverse and smart space sectors [3][4]. Profit Forecast - The forecast for net profit from 2025 to 2027 is projected at 5.0 billion yuan, 5.8 billion yuan, and 6.3 billion yuan, respectively, with corresponding PE ratios of 23, 19, and 18 [4][5].