Core Viewpoint - The company reported a revenue of 653 million yuan for the first half of 2025, marking a year-on-year increase of 22.13%, and a net profit of 43.08 million yuan, up 31.89% year-on-year [1] Group 1: Business Performance - The company's main business includes the R&D, production, and sales of micro-precision acoustic components and electronic component distribution, with products widely used in smartphones, wearables, automotive electronics, smart homes, IoT, and AI toys [1][2] - In the reporting period, the automotive and industrial applications segment generated 334 million yuan in revenue, accounting for 51.18% of total revenue, with a year-on-year growth of 28.22%, while the consumer electronics segment generated 319 million yuan, accounting for 48.82% of total revenue, with a year-on-year growth of 16.33% [1] Group 2: Strategic Initiatives - The company has strengthened new product development, resource integration, market expansion, and cost control, enhancing its industry position [2] - The company has maintained long-term cooperative relationships with leading clients in the global technology and automotive electronics sectors, with an increase in patent applications and product technology levels [2] Group 3: Investment Activities - The company made several external investments to advance its industrial layout, including a 30 million yuan investment to establish a wholly-owned subsidiary focused on smart automotive equipment [3] - The company announced plans to inject 100% equity of its wholly-owned subsidiary in Malaysia into another subsidiary in Hong Kong to integrate internal resources and expand overseas [3] - The company acquired a 42.67% stake in Zhejiang Haochen Semiconductor, aiming to invest in cutting-edge technologies in automotive electronic modules and AI-related fields [3] Group 4: Strategic Direction - The company adheres to a "T" strategy for development, focusing on vertical extension in the electronic components sector and enhancing upstream and downstream resource integration [4] - The company is concentrating on expanding its automotive business and enriching its product matrix to provide comprehensive acoustic solutions for customers [4]

Market Overview - On August 15, the consumer electronics sector rose by 2.46%, with Yidong Electronics leading the gains [1] - The Shanghai Composite Index closed at 3696.77, up 0.83%, while the Shenzhen Component Index closed at 11634.67, up 1.6% [1] Top Gainers - Yidong Electronics (301123) closed at 39.41, up 20.01% with a trading volume of 283,700 shares and a transaction value of 1.025 billion [1] - Yingstone Innovation (688775) closed at 224.42, up 20.00% with a trading volume of 86,800 shares and a transaction value of 1.891 billion [1] - Shenglan Co., Ltd. (300843) closed at 44.92, up 11.35% with a trading volume of 273,900 shares [1] - Boshuo Technology (300951) closed at 37.21, up 11.24% with a trading volume of 149,200 shares and a transaction value of 557 million [1] Top Losers - Darui Electronics (300976) closed at 59.97, down 5.31% with a trading volume of 79,900 shares and a transaction value of 481 million [2] - Heertai (002402) closed at 29.98, down 3.20% with a trading volume of 1,683,900 shares and a transaction value of 5.093 billion [2] - Guoguang Electric (002045) closed at 16.70, down 0.71% with a trading volume of 517,400 shares [2] Capital Flow - The consumer electronics sector experienced a net outflow of 792 million from institutional investors and 376 million from retail investors, while individual investors saw a net inflow of 1.169 billion [2][3] - Notable net inflows from individual investors included Yidong Electronics (301123) with a net outflow of 79.05 million and Yingstone Innovation (688775) with a net outflow of 20.2 million [3]

Financial Performance - The company reported a revenue of 653,030,504.25 yuan for the first half of 2025, representing a year-on-year growth of 22.13% [2][3] - The net profit attributable to shareholders was 43,077,680.23 yuan, an increase of 31.89% compared to the same period last year [2][3] - The net profit after deducting non-recurring gains and losses was 44,469,689.94 yuan, reflecting a growth of 28.12% year-on-year [2][3] - The operating cash flow for the period was 21,791,648.51 yuan, showing a significant decrease of 55.00% compared to the previous year [3] Business Segments - Revenue from automotive and industrial applications reached 334,200,216.52 yuan, accounting for 51.18% of total revenue, with a year-on-year growth of 28.22% [2] - Revenue from consumer electronics was 318,830,287.73 yuan, making up 48.82% of total revenue, and grew by 16.33% year-on-year [2] Assets and Equity - As of the end of the reporting period, total assets amounted to 1,934,114,151.93 yuan, a year-on-year increase of 7.56% [2][3] - The net assets attributable to shareholders were 707,710,270.12 yuan, reflecting a growth of 6.23% compared to the previous year [2][3] Strategic Focus - The company is implementing a "T" strategy, focusing on strengthening its core electronic components business while expanding into automotive applications and providing comprehensive acoustic solutions [4] - The strategy emphasizes vertical integration in the supply chain and continuous product category expansion in the automotive sector [4]

证券代码：002655 证券简称：共达电声 公告编号：2025-038 共达电声股份有限公司 本公司及监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。 一、监事会会议召开情况 共达电声股份有限公司（以下简称"公司" ）第六届监事会第十 二次会议（以下简称"本次会议"）于 2025 年 8 月 14 日下午以现场 与网络相结合的方式在公司会议室召开。本次会议已于 2025 年 8 月 应出席监事 3 人，实际出席监事 3 人。会议由监事会主席陆正杨主 持，公司董事会秘书列席了会议。会议的召集、召开符合《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》 "）和《公司章程》等有关规定。 第六届监事会第十二次会议决议公告 表决结果：3 票同意、0 票反对、0 票弃权。 证券代码：002655 证券简称：共达电声 公告编号：2025-038 本议案尚需提交公司 2025 年第二次临时股东大会审议。 《关于注销 2024 年股票期权激励计划部分股票期权的议案》 监事会认为，公司本次注销部分股票期权事项符合《上市公司股 权激励 ...

Core Viewpoint - The report outlines the independent financial advisory opinion regarding the 2024 stock option incentive plan of Gongda Electric Sound Co., Ltd, confirming that the plan has met necessary approvals and complies with relevant regulations [4][10]. Group 1: Approval and Compliance - The plan has undergone necessary approval procedures, including the review and approval of relevant proposals by the company's board and supervisory committee [4][5]. - The independent financial advisor confirms that the stock option incentive plan has obtained the required approvals and authorizations, aligning with the Management Measures and the company's 2024 stock option incentive plan [10]. Group 2: Granting Conditions - The report specifies that stock options will be granted to incentive objects only if certain conditions are met, including the absence of negative audit opinions on financial reports and compliance with legal regulations [6][7]. - The independent financial advisor has verified that neither the company nor the incentive objects have encountered any disqualifying conditions as of the report date [7]. Group 3: Adjustments and Impact - The report notes that adjustments to the stock option quantity will be made in case of capital changes, such as stock dividends or splits [8]. - The initial exercise price of the stock options has been adjusted from 10.60 RMB to 10.57 RMB per share due to specific circumstances [8][9]. - The financial advisor emphasizes the need for accurate accounting of expenses related to the stock option plan, highlighting potential dilution effects on existing shareholders [10]. Group 4: Conclusion - The independent financial advisor concludes that the stock option incentive plan has met all necessary conditions and is in compliance with applicable laws and regulations, with required disclosures to be made in due course [10].

| 证券简称：共达电声 证券代码：002655 | | | --- | --- | | 上海荣正企业咨询服务（集团）股份有限公司 | | | 关于 | | | 共达电声股份有限公司 | | | 首次授予部分第一个行权期行权条件成就相关事项 | | | 之 | | | 独立财务顾问报告 | | | 二〇二五年八月 | | | | 目 录 | | （二） 关于 2024 年股票期权激励计划首次授予第一个行权期行权 | | | （四） 本次激励计划与股东大会通过的激励计划的差异情况 | 10 | | 一、释义 | | | 以下词语如无特殊说明，在本文中具有如下含义： | | | 共达电声、本公司、 | | | 指 共达电声股份有限公司 | | | 公司、上市公司 | | | 本激励计划、本次激 共达电声股份有限公司 | 2024 年股票期权激励计划 | | 指 | | | 励计划 （草案） | | | 独立财务顾问 指 | 上海荣正企业咨询服务（集团）股份有限公司 | | 《上海荣正企业咨询服务（集团）股份有限公司 | | | 关于共达电声股份有限公司 | 2024 年股票期权激励 | | 独立财务顾问报告 指 | ...

Core Viewpoint - The legal opinion letter regarding the 2024 stock option incentive plan of Gongda Electronics Co., Ltd. outlines the approval and authorization processes for the cancellation of certain stock options, adjustment of exercise prices, granting of reserved options, and the achievement of conditions for the first exercise period [1][3][12]. Group 1: Approval and Authorization - The incentive plan has undergone necessary approvals and authorizations, including the review and approval by the Board of Directors and the Supervisory Board [3][4][5]. - The company has confirmed that the plan's implementation has been publicly disclosed and no objections were raised during the public notice period [4][5][6]. Group 2: Cancellation and Adjustment of Stock Options - A total of 418,000 stock options will be canceled due to the departure of 5 incentive targets and the performance of 3 others being classified as qualified or unqualified [7][12]. - The exercise price for the stock options has been adjusted from RMB 10.60 to RMB 10.57 per share based on the company's capital reserve adjustments and other factors [7][8]. Group 3: Granting of Reserved Stock Options - The company plans to grant 1,060,000 reserved stock options to 18 incentive targets, with an exercise price set at RMB 10.57 per share [8][12]. - The granting of these reserved options is contingent upon meeting specific conditions outlined in the incentive plan [8][12]. Group 4: Achievement of Exercise Conditions - The first exercise period for the stock options is set to begin 12 months after the initial grant date, with a performance target of a 30% increase in revenue or net profit for the first year [11][12]. - The performance evaluation will be conducted annually, with specific targets for revenue and net profit growth set for the years 2024 to 2026 [11][12].

一、激励对象获授的股票期权分配情况 共达电声股份有限公司 获授的股票期权数量 占本激励计划授予 占公司股本总额比 （授权日） 况如下表所示： 姓名 职务 （万份） 股票期权总数比例 例 管理/业务骨干（18）人 106 5.8889% 0.2944% 合计 106 5.8889% 0.2944% 注：上述激励对象不包括独立董事和监事，亦不包括单独或合计持有上市公司 5%以上股份 的股东或实际控制人及其配偶、父母和子女。 二、股票期权激励对象名单（排名不分先后） 序号 姓名 职务 共达电声股份有限公司董事会 二〇二五年八月十四日 ...

一、本次激励计划已履行的审批程序 议审议通过了《关于公司<2024 年股票期权激励计划（草案）>及其摘 要的议案》 《关于公司<2024 年股票期权激励计划实施考核管理办法> 的议案》《关于提请股东大会授权董事会办理 2024 年股票期权激励 计划相关事宜的议案》。上述议案已经公司第六届董事会薪酬与考核 委员会第一次会议审议通过。 同日，公司召开第六届监事会第三次会议，审议通过了《关于公 司<2024 年股票期权激励计划（草案）>及其摘要的议案》《关于公司 <2024 年股票期权激励计划实施考核管理办法>的议案》 证券代码：002655 证券简称：共达电声 公告编号：2025-044 共达电声股份有限公司 关于注销 2024 年股票期权激励计划部分股票期权的公告 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。 共达电声股份有限公司（以下简称"公司"）于 2025 年 8 月 14 日召开第六届董事会第十三次会议、第六届监事会第十二次会议，审 议通过了《关于注销 2024 年股票期权激励计划部分股票期权的议案》， 现将有关事项说明如下： 《关于核实公 司<202 ...

证券代码：002655 证券简称：共达电声 公告编号：2025-042 共达电声股份有限公司 关于调整 2024 年股票期权激励计划首次授予及预留授予 行权价格的公告 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。 共达电声股份有限公司（以下简称"公司"）于 2025 年 8 月 14 日召开第六届董事会第十三次会议、第六届监事会第十二次会议，审 议通过了《关于调整 2024 年股票期权激励计划首次授予及预留授予 行权价格的议案》，现将有关事项说明如下： 一、本次激励计划已履行的审批程序 议审议通过了《关于公司<2024 年股票期权激励计划（草案）>及其摘 要的议案》 《关于公司<2024 年股票期权激励计划实施考核管理办法> 的议案》《关于提请股东大会授权董事会办理 2024 年股票期权激励 计划相关事宜的议案》。上述议案已经公司第六届董事会薪酬与考核 委员会第一次会议审议通过。 同日，公司召开第六届监事会第三次会议，审议通过了《关于公 司<2024 年股票期权激励计划（草案）>及其摘要的议案》《关于公司 <2024 年股票期权激励计划实施考核管理办法>的议 ...