深圳市英维克科技股份有限公司 2023 年度独立董事述职报告 本人作为深圳市英维克科技股份有限公司（以下简称"公司"）的独立董事，根据《中 华人民共和国公司法》《上市公司独立董事管理办法》《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》等有关法律法规要求，及《公司章程》《独立 董事工作制度》相关条款要求，忠实履行职责，积极出席相关会议，认真审议董事会各 项议案，充分发挥独立董事的作用。现将本人在 2023 年任职期间的履职情况汇报如下： （一）基本情况 本人田志伟，1969 年生，中国国籍，无永久境外居留权，硕士研究生学历。先后任 职于河南省建材研究设计院、广东发展银行郑州分行陇海支行、富友证券有限公司、渤 海证券有限责任公司、长江经济联合发展集团股份有限公司、长发集团长江投资实业股 份有限公司、广州天赐高新材料股份有限公司独立董事、罗莱生活科技股份有限公司独 立董事、上海合银投资管理有限公司执行董事、千惠融资租赁（上海）有限公司董事、 北京联合德信投资有限责任公司执行董事、常德合银湘德股权投资合伙企业（有限合伙） 执行事务合伙人代表、常德合银百利股权投资合伙企业（有限合伙）执行事务 ...

深圳市英维克科技股份有限公司 （二）利润分配方案应经公司董事会、监事会分 别审议通过后方能提交股东大会审议。董事会在审 议利润分配预案时，须经全体董事过半数表决同 意，且经公司二分之一以上独立董事表决同意。监 事会在审议利润分配预案时，须经全体监事过半数 以上表决同意。 （2024 年 4 月） | 原章程 | | | | | | | | | | | | 新章程 | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 第六条 注 本 民 币 | 公 | 司 | 册 | 资 | 为 | 人 | 第六条 | | 公 | 司 | 注 | 册 | 资 | 本 | 为 | 人 | 民 | 币 | | 564,976,399.00 元。 | | | | | | | | 568,818,725.00 | | | 元。 | | | | | | | | | 第二十条 公司股份总数为 564,976,399 股，均 | | ...

Investment Rating - The report assigns a "Buy" rating to the company [4] Core Views - The company has been deeply involved in the precision temperature control industry for nearly 20 years, continuously improving its product lines and application areas [19] - The demand for data center temperature control is vast, with an estimated market size exceeding 90 billion RMB from 2023 to 2025 [19] - The penetration rate of efficient cooling technologies such as indirect evaporative cooling and liquid cooling is expected to increase significantly [19] - The company's high R&D investment and platform-based R&D model have resulted in a rich product matrix [19] - The company is expected to benefit from the high demand in data center and energy storage temperature control, with projected net profits of 3.9/5.4/7.1 billion RMB for 2023-2025 [19] Company Overview - The company is a leading provider of precision temperature control and energy-saving equipment in China [2] - The company's equity structure is stable, with the largest shareholder being Yingweike Investment, holding 25.5% of the shares [14] - The company's revenue and net profit have shown continuous growth, with revenue increasing from 1.07 billion RMB in 2018 to 2.92 billion RMB in 2022, a CAGR of 28.6% [24] - The company's gross margin and net margin have remained stable, with a recent recovery trend [49] - The company's core businesses include data center and cabinet temperature control equipment, with rapid growth in energy storage-related businesses [29] Data Center Temperature Control - Data center energy consumption is high, accounting for an increasing proportion of total electricity consumption, with data center electricity consumption expected to exceed 400 billion kWh by 2025 [58] - The PUE (Power Usage Effectiveness) requirements for data centers are increasing, with new large and super-large data centers required to have a PUE below 1.3 [43] - The power density of data center cabinets is increasing, with traditional cooling methods unable to meet the demand [96] - Indirect evaporative cooling and cold plate liquid cooling are expected to grow rapidly in the short to medium term, while immersion cooling will have significant advantages in the long term [103] - The demand for data center temperature control is expected to exceed 90 billion RMB from 2023 to 2025, with the annual demand exceeding 40 billion RMB by 2025 [112] Energy Storage Temperature Control - The rapid development of wind and solar energy has increased the demand for energy storage, with electrochemical energy storage becoming the mainstream of new energy storage [124] - Temperature control is crucial for energy storage, with the demand for temperature control increasing alongside the growth in energy storage installations [127] - Liquid cooling is becoming more prevalent due to its comprehensive advantages, with the penetration rate of liquid cooling expected to increase [130] - The company has a first-mover advantage in energy storage temperature control, with a platform-based R&D model enhancing its competitive edge [120] Product and Technology - The company has a rich product matrix in data center temperature control, including air cooling, liquid cooling, and integrated solutions [113] - The company has been a pioneer in indirect evaporative cooling technology, with its XFlex modular evaporative cooling unit achieving a PUE below 1.15 [117] - The company has been actively developing liquid cooling solutions, with its Coolinside full-chain liquid cooling solution achieving a single cabinet power density of 200kW [142] - The company's R&D expenditure ratio is consistently higher than its competitors, reflecting its emphasis on innovation [144]

证券代码：002837 证券简称：英维克 公告编号：2024-014 深圳市英维克科技股份有限公司 关于 2024 年股票期权激励计划授予登记完成的公告 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。 同日，公司召开第四届监事会第八次会议，对本次激励计划的激励对象名单 进行核查，并审议通过《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》以及 《关于核实<深圳市英维克科技股份有限公司 2024 年股票期权激励计划激励对象 名单>的议案》。 2、2024 年 1 月 16 日至 2024 年 1 月 25 日，公司在内部对本次激励计划授予 股票期权授予登记完成日期：2024 年 3 月 25 日 股票期权授予数量：916 万份 股票期权行权价格：19.61 元/股 股票期权授予人数：305 人 期权简称：英维 JLC2 期权代码：037424 激励对象的姓名和职务进行了公示。在公示期内，公司监事会未收到与本次激励 计划激励对象有关的任何异议。公司于 2024 年 1 月 26 日 ...

Investment Rating - The investment rating for the company is "Accumulate" (maintained) [1][5]. Core Views - The company has been selected as the first candidate for the China Telecom Elastic DC Cabin (2024-2025) centralized procurement project, with a module quotation (including tax) of approximately 1.12 billion yuan. The total procurement includes 3,200 sets of elastic DC cabins, including about 323 sets of liquid-cooled DC cabins [1][9]. - The report highlights the growing trend of liquid cooling applications in data centers, with expectations for significant market growth driven by increasing power demands in computing centers. The company is well-positioned in the liquid cooling market and is expected to maintain strong long-term growth [8][48]. Summary by Sections Procurement Details - China Telecom is conducting centralized procurement for elastic DC cabins, with a total of 3,200 sets planned, including 323 sets of liquid-cooled DC cabins. This represents a more than 60% increase in procurement quantity compared to the previous round in 2021 [9][11]. Financial Projections - The company maintains its profit forecast, expecting net profits attributable to the parent company to be 390 million yuan, 520 million yuan, and 680 million yuan for the years 2023, 2024, and 2025, respectively. Corresponding EPS is projected to be 0.68 yuan, 0.92 yuan, and 1.20 yuan, with current stock prices corresponding to PE ratios of 52x, 38x, and 30x [8][48]. Market Outlook - The domestic liquid cooling market is expected to grow significantly, with a projected 53.2% growth in 2023, reaching a market size of 15.4 billion yuan. Over the next five years, the market is anticipated to continue expanding at a compound annual growth rate (CAGR) of 59%, potentially exceeding 100 billion yuan by 2027 [43][48].

Investment Rating - The report maintains a "Recommended" rating for the company [7]. Core Views - The company is expected to benefit from the gradual release of production capacity at its South China headquarters, which has recently upgraded its R&D and manufacturing capabilities [7]. - The company has established a comprehensive product layout in liquid cooling, which is anticipated to drive long-term growth [7]. - The company is positioned as a leader in the industry, with a strong focus on energy-efficient thermal control solutions, and is expected to gain market share as demand for liquid cooling cabinets increases [7]. Financial Forecast Summary - Revenue is projected to grow from 36.25 billion CNY in 2023 to 63.29 billion CNY in 2025, with growth rates of 24.01%, 33.34%, and 30.94% respectively [7]. - The diluted EPS is expected to increase from 0.68 CNY in 2023 to 1.14 CNY in 2025, with corresponding PE ratios of 44.45, 33.55, and 26.61 [7]. - The company achieved a revenue of 2.072 billion CNY in the first three quarters of 2023, representing a year-on-year increase of 39.51%, and a net profit of 210 million CNY, up 79.91% [7].

证券代码：002837 证券简称：英维克 公告编号：2024-013 深圳市英维克科技股份有限公司 关于股东部分股份质押延期购回的公告 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。 深圳市英维克科技股份有限公司（以下简称"公司"）于近日接到控股股东深圳市英 维克投资有限公司（以下简称"英维克投资"）的通知，获悉其所持有公司的部分股份办 理了质押延期，具体事项如下： 先生所持公司股份质押情况如下： 股东 名称 持股数量 （股） 持股 比例 本次质押前 质押股份数 量（股） 本次质押后 质押股份数 量（股） 占其所 持股份 比例 占公司 总股本 比例 已质押股份情况 未质押股份情况 已质押股份 限售和冻结 数量（股） 占已质押 股份比例 未质押股份 限售和冻结 数量（股） 占未质 押股份 比例 英维克 投资 144,981,955 25.50% 25,465,700 25,465,700 17.56% 4.48% 0 0.00% 0 0.00% 齐勇 32,615,913 5.74% 4,056,000 4,056,000 12.44% 0.71% 4,056, ...

关于 深圳市英维克科技股份有限公司 2024年股票期权激励计划授予 的 法律意见书 中国 深圳 福田区 益田路6001号太平金融大厦11-12楼 邮政编码：518038 11-12F., TAIPING FINANCE TOWER,6001 YITIAN ROAD, FUTIAN, SHENZHEN, CHINA 电话(Tel.)：(0755) 88265288 传真(Fax.)：(0755) 88265537 网址（Website）：https://www.sundiallawfirm.com 法律意见书 广东信达律师事务所 关于深圳市英维克科技股份有限公司 2024 年股票期权激励计划授予 的法律意见书 信达励字（2024）第 011 号 致：深圳市英维克科技股份有限公司 广东信达律师事务所（以下简称"信达"）接受深圳市英维克科技股份有限 公司（以下简称"英维克"或"公司"）的委托，以特聘专项法律顾问的身份参 与英维克 2024 年股票期权激励计划（以下简称"本次激励计划"）项目，于 2024 年 1 月 15 日出具了《广东信达律师事务所关于深圳市英维克科技股份有限公司 2024 年股票期权激励计划（草 ...

深圳市英维克科技股份有限公司（以下简称"公司"）于 2024 年 2 月 5 日召开 第四届董事会第九次会议和第四届监事会第九次会议，审议通过了《关于向激励 对象授予股票期权的议案》。根据公司《2024 年股票期权激励计划（草案）》（以 下简称"《2024 年激励计划》"或"本激励计划" ）的相关规定和公司 2024 年第一 次临时股东大会的授权，董事会认为 2024 年股票期权激励计划授予条件已经成就， 同意以 2024 年 2 月 5 日为授予日，向符合授予条件的 305 名激励对象授予 916 万 份股票期权。现将有关事项说明如下： 一、2024 年激励计划简述 （一）本激励计划的股票来源为公司向激励对象定向发行公司 A 股普通股。 本激励计划授予涉及的激励对象共计 305 人，包括公告本激励计划草案时在公司 （含下属子公司、分公司） 任职的核心管理人员、核心技术（业务） 人员等。 证券代码：002837 证券简称：英维克 公告编号：2024-012 深圳市英维克科技股份有限公司 关于向激励对象授予股票期权的公告 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 ...

深圳市英维克科技股份有限公司 二、 核心管理人员及核心技术（业务）人员名单 | 19 | 赵乃强 | 核心管理人员 | | --- | --- | --- | | 20 | 周朝弟 | 核心管理人员 | | 21 | 周润鹏 | 核心管理人员 | | 22 | 周宇 | 核心管理人员 | | 23 | 朱晓玮 | 核心管理人员 | | 24 | 包檬 | 核心技术（业务）人员 | | 25 | 鲍丙文 | 核心技术（业务）人员 | | 26 | 边亚南 | 核心技术（业务）人员 | | 27 | 蔡上钦 | 核心技术（业务）人员 | | 28 | 蔡奕聪 | 核心技术（业务）人员 | | 29 | 曾嘉平 | 核心技术（业务）人员 | | 30 | 曾敏 | 核心技术（业务）人员 | | 31 | 常亚秋 | 核心技术（业务）人员 | | 32 | 陈超 | 核心技术（业务）人员 | | 33 | 陈果 | 核心技术（业务）人员 | | 34 | 陈家家 | 核心技术（业务）人员 | | 35 | 陈雷 | 核心技术（业务）人员 | | 36 | 陈苹 | 核心技术（业务）人员 | | 37 | 陈乔龙 | ...