湖南启元律师事务所 关于宇环数控机床股份有限公司 2023年第一次临时股东大会的 法律意见书 二零二三年九月 1 致：宇环数控机床股份有限公司 湖南启元律师事务所（以下简称"本所"）接受宇环数控机床股份有限公司（以 下简称"公司"）的委托，指派本所律师出席了公司 2023 年第一次临时股东大会 （以下简称"本次股东大会"），对本次股东大会的召集和召开程序、出席会议人 员及召集人的资格、表决程序和表决结果的合法有效性进行现场律师见证，并发 表本法律意见。 本律师根据《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》"）《上市公司股东大会规则》（以下简称"《股 东大会规则》"）等我国现行法律、法规、规范性文件以及《宇环数控机床股份有 限公司章程》（以下简称"《公司章程》"）的有关规定出具本法律意见书。 本律师声明如下： （一）本律师根据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 ...

证券代码：002903 证券简称：宇环数控 宇环数控机床股份有限公司 投资者关系活动记录表 编号：2023-011 □特定对象调研 □分析师会议 □媒体采访 投资者关系活 □业绩说明会 □新闻发布会 □路演活动 动类别 □现场参观 ☑其他（电话会议） 开源证券、民生证券、国金证券、德邦证券、瑞银证券、安信证券、北京 星石投资、财通证券、东吴证券、复胜资产、工银国际、光大基金、广发 基金、云禧基金、国泰君安证券、国信证券、华安证券、华金证券、嘉实 参与单位名称 基金、中信建投、九泰基金、凯石基金、平安银行、青岛金光紫金、润磁 及人员姓名 (上海)投资、上海牛乎资管、上海谦心投资、上海天猊投资、上海途灵 资管、深圳前海固禾资管、中天汇富、杭州优益增资管、太平基金、太平 洋证券、天风证券、兴全基金、煜德投资、长江证券、中天国富证券。 时间 2023 年 8 月 24 日 地点 公司会议室 副总经理、董事会秘书：易欣 上市公司接待 副总经理、财务总监：杨任东 人员姓名 证券事务专员：邓妍婵 1. 公司 2023 年上半年基本情况介绍。 2.公司钛合金订单情况如何？后续是否会追加钛合金订单？ 投资者关系活 答：2023 ...

Financial Performance - The company's operating revenue for the first half of 2023 was ¥193,846,412.41, a decrease of 19.16% compared to ¥239,786,714.44 in the same period last year[24]. - The net profit attributable to shareholders was ¥24,305,851.36, down 47.98% from ¥46,720,779.11 in the previous year[24]. - The net cash flow from operating activities was negative at ¥43,182,974.93, a decline of 142.57% compared to ¥101,440,237.24 in the same period last year[24]. - Basic and diluted earnings per share were both ¥0.16, representing a decrease of 48.39% from ¥0.31 in the previous year[24]. - The company's revenue for the reporting period was ¥193,846,412.41, a decrease of 19.16% compared to ¥239,786,714.44 in the same period last year[47]. - Operating costs decreased by 29.33% to ¥94,820,697.86 from ¥134,171,274.25, primarily due to the reduction in revenue[47]. - The net profit attributable to shareholders was ¥24,305,851.36, down 47.98% from ¥46,720,779.11, mainly due to reduced revenue[48]. - The revenue from the consumer electronics manufacturing sector decreased by 28.94% to ¥148,428,452.10, down from ¥208,869,823.60[48]. - The company achieved a gross margin of 51.05% in the consumer electronics manufacturing sector, an increase of 8.92% compared to the previous year[49]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,039,986,917.13, an increase of 4.36% from ¥996,494,252.37 at the end of the previous year[24]. - The company's net assets attributable to shareholders increased by 0.63% to ¥768,521,399.64 from ¥763,736,466.31 at the end of the previous year[24]. - Accounts receivable increased by 6.67% to ¥184,305,279.40, representing 17.72% of total assets, mainly due to an increase in receivables not yet due[52]. - Inventory rose by 2.26% to ¥202,014,671.09, making up 19.42% of total assets, attributed to an increase in work-in-progress and finished goods[52]. - Total liabilities as of June 30, 2023, were CNY 251,108,190.03, up from CNY 225,624,853.23 at the beginning of the year, reflecting an increase of approximately 11.3%[138]. Research and Development - R&D investment reached 17.75 million yuan, an increase of 17.70% year-on-year[41]. - Research and development investment increased by 17.70% to ¥17,748,471.09, reflecting the company's commitment to enhancing its technological capabilities[47]. - The company is focusing on high standards in R&D to meet the evolving requirements of new processes and materials in the consumer electronics market[61]. - The company has established strong partnerships with universities and research institutions to enhance its R&D capabilities[41]. Cash Flow and Financial Management - The company's cash flow from operating activities was negative at -¥43,182,974.93, a decline of 142.57% compared to ¥101,440,237.24 in the previous year[47]. - The company’s cash and cash equivalents decreased by 8.18% to -¥115,799,334.36 from -¥126,116,764.86[47]. - The company reported a net interest income of ¥3100.26 million from bank deposits after deducting bank fees[58]. - The company has accumulated a total of ¥18,118.47 million in raised funds, with ¥6,587.81 million remaining unutilized as of June 30, 2023[58]. Strategic Initiatives - The company is actively expanding its product application areas and adjusting its product structure to stabilize growth[40]. - The company is focusing on technological innovation and product development to expand its application fields and strengthen market promotion efforts[71]. - The company is exploring new product development and market expansion strategies to enhance revenue streams in the upcoming quarters[157]. - The company is considering potential mergers and acquisitions to strengthen its market position and expand its product offerings[157]. Shareholder Information - The company did not distribute cash dividends or issue bonus shares for the half-year period[75]. - The total number of common shareholders at the end of the reporting period is 19,805[123]. - The largest shareholder, Xu Shixiong, holds 33.19% of the shares, totaling 50,534,900 shares, with a decrease of 1,526,600 shares during the reporting period[124]. - The company has a short operating cycle, defining liquidity based on a 12-month standard[175]. Compliance and Governance - The semi-annual financial report has not been audited[89]. - The company did not experience any bankruptcy reorganization during the reporting period[91]. - There were no significant litigation or arbitration matters during the reporting period[92]. - The company has not faced any administrative penalties for environmental issues during the reporting period[81]. Market Conditions - The global smartphone market shipment is expected to decline by 1.1% in 2023, impacting machine tool demand from the consumer electronics sector[32]. - The production of metal cutting machine tools in China decreased by 2.9% year-on-year in the first half of 2023[32].

宇环数控机床股份有限公司（以下简称"公司"）于2023年1月17日披露了《关 于高级管理人员减持股份的预披露公告》（公告编号：2023-001号），公司原副总 经理彭关清先生计划自预披露公告披露之日起15个交易日后的6个月内，以集中竞价 方式减持本公司股份不超过277,200股（占本公司总股本比例0.18%）。 证券代码：002903 证券简称：宇环数控 公告编号：2023-046 宇环数控机床股份有限公司 关于公司原高级管理人员减持计划时间届满的公告 公司原高级管理人员彭关清先生保证向本公司提供的信息内容真实、准确、完 整，没有虚假记载、误导性陈述或重大遗漏。 本公司及董事会全体成员保证公告内容与信息披露义务人提供的信息一致。 2023年6月29日，彭关清先生因达到法定退休年龄辞去公司副总经理职务，具体 内容详见公司于2023年6月30日披露的《关于公司高级管理人员辞职的公告》（公告 编号：2023-042号）。 近日，公司收到股东彭关清先生的通知，获悉其减持计划时间届满。根据《上 市公司股东、董监高减持股份的若干规定》及《深圳证券交易所上市公司股东及董 事、监事、高级管理人员减持股份实施细则》的有关规定， ...

证券代码：002903 证券简称：宇环数控 编号：2023-010 □特定对象调研 □分析师会议 □媒体采访 投资者关系活 □业绩说明会 □新闻发布会 □路演活动 动类别 □现场参观 ☑其他（券商策略会、电话会议） 参与单位名称 及人员姓名 国盛证券、摩根基金、裘明投资、高毅资产、大家资产、中盈蓝景基金 时间 2023 年 6 月 28 日、6 月 29 日 地点 券商策略会现场 上市公司接待 副总经理、董事会秘书：易欣 人员姓名 证券事务专员：邓妍婵 1. 公司产品毛利率情况如何？ 答：公司高度重视技术创新研发，经过多年的技术研发投入，公司产品 具有一定的竞争优势，近年来公司产品的平均毛利率保持在 40%以上。由 于公司各系列产品结构、工艺和性能配置与技术要求存在差异，因此不 同系列型号产品的定价和毛利率水平不同，具体情况以公司发布的定期 投资者关系活 报告为准。 动主要内容介 2.公司核心零部件的自给率有多少？ 绍 答：在当前国际经济形势下，"自主、安全、可控"已逐渐成为我国产业 链各环节企业的共识，数控机床的核心零部件主要包括主轴、数控系统、 滚珠丝杠、砂轮、磨头等。我公司在关键功能部件的自主研发方面不 ...

证券代码：002903 证券简称：宇环数控 编号：2023-009 □特定对象调研 □分析师会议 □媒体采访 投资者关系活 □业绩说明会 □新闻发布会 □路演活动 动类别 □现场参观 ☑其他（券商策略会） 安信证券、太平洋证券、德邦证券、红塔证券、唯锦投资、肇万资管、长 参与单位名称 江证券、博亚投资、前海鸿富、国鸣投资、东证资管、光大保德信基金、 及人员姓名 安信基金、永赢基金、上海勉睿投资管理 时间 2023 年 6 月 7 日、6 月 8 日 地点 券商策略会现场 上市公司接待 人员姓名 副总经理、董事会秘书：易欣 1. 公司基本情况介绍 2. 公司 2023 年预估能达到多少营收？今年二季度业绩情况如何？ 投资者关系活 答：根据公司已披露的《2023 年度财务预算报告》，公司 2023 年营业收 动主要内容介 入预计较去年同比增长 10%-40%，实现净利润预计较去年同比增长 15%- 绍 45%。2023 年二季度业绩具体情况以公司发布的定期报告为准。 3.公司海外拓展情况如何？新加坡公司的进展情况如何？ 宇环数控机床股份有限公司 投资者关系活动记录表 | --- | |-------------- ...

证券代码：002903 证券简称：宇环数控 宇环数控机床股份有限公司 投资者关系活动记录表 编号：2023-008 □特定对象调研 □分析师会议 □媒体采访 投资者关系活 □业绩说明会 □新闻发布会 □路演活动 动类别 □现场参观 ☑其他（电话会议、券商策略会） 国海证券、陆家嘴国泰人寿、凯石投研、野村资管、上投摩根基金、中欧 参与单位名称 基金、博时基金、汇添富基金、国泰君安证券、国泰基金、中信建投基 及人员姓名 金、上海理成资管、东亚前海证券、北京格雷资管、开源证券。 时间 2023 年 5 月 10 日、5 月 11 日 地点 公司会议室 上市公司接待 副总经理、董事会秘书：易欣 人员姓名 证券事务专员：邓妍婵 1. 从最近的公告看，公司有计划在新加坡设子公司，请问新加坡公司的 设立能为公司发展带来什么样的影响？ 答：公司设立新加坡全资子公司，有利于公司依托新加坡的地域优势， 投资者关系活 加强公司与国际市场的合作交流及海外业务拓展，进一步提高公司市场 动主要内容介 竞争力和品牌知名度，对公司长期发展和战略布局具有积极影响。 绍 2.公司产品定价模式？ 答：公司定价遵循科学的定价策略，会综合考虑成本水平 ...

Financial Performance - The company's operating revenue for 2022 was ¥357,819,204.03, a decrease of 18.39% compared to ¥438,474,954.66 in 2021[22] - The net profit attributable to shareholders for 2022 was ¥55,417,923.99, down 24.63% from ¥73,524,356.73 in the previous year[22] - The basic earnings per share for 2022 was ¥0.37, representing a decline of 24.49% compared to ¥0.49 in 2021[22] - The total assets at the end of 2022 amounted to ¥996,494,252.37, reflecting a slight increase of 0.66% from ¥989,996,159.58 at the end of 2021[22] - The net assets attributable to shareholders increased by 5.04% to ¥763,736,466.31 at the end of 2022, up from ¥727,116,103.51 in 2021[22] - The cash flow from operating activities for 2022 was ¥53,208,357.39, a decrease of 5.96% from ¥56,581,316.07 in 2021[22] - The company's weighted average return on equity for 2022 was 7.47%, down from 10.67% in 2021, a decrease of 3.20%[22] - The net profit after deducting non-recurring gains and losses was ¥41,783,113.87 for 2022, a decrease of 29.49% from ¥59,255,985.68 in 2021[22] Quarterly Performance - The company's total revenue for Q1 2022 was ¥124,288,200.37, which decreased to ¥52,198,880.86 by Q4 2022, reflecting a significant decline[27] - Net profit attributable to shareholders was ¥26,173,783.30 in Q1 2022, dropping to ¥2,527,126.27 in Q4 2022, indicating a downward trend[27] - The net cash flow from operating activities was positive at ¥120,264,878.83 in Q1 2022 but turned negative in subsequent quarters, reaching -¥25,716,278.32 in Q4 2022[27] Industry Overview - The company reported a 0.3% year-on-year decline in revenue for the machine tool industry in 2022, with metal cutting machine revenue down by 5.6%[33] - The total profit for the machine tool industry increased by 43.7% in 2022, with metal cutting machines seeing a profit increase of 63.8%[33] - The production of metal cutting machines in China fell by 13.1% in 2022, totaling 572,000 units[33] Product and Market Focus - The company specializes in CNC grinding equipment and intelligent manufacturing solutions, focusing on precision grinding and smart manufacturing technology[34] - Key products include CNC grinding machines, CNC polishing machines, and intelligent equipment, widely used in various industries such as consumer electronics and automotive[34] - Revenue from the consumer electronics sector reached ¥27,650.23 million, accounting for 77.27% of total revenue[46] - Revenue from the automotive sector increased from 6.36% in 2021 to 13.37% in 2022, totaling ¥4,785.54 million[46] Research and Development - The company invested ¥38.13 million in R&D in 2022, representing a year-on-year increase of 13.56%[41] - Seven new products achieved technical certification, with technologies reaching domestic advanced or international advanced levels[42] - The company is developing several new products, including high-precision CNC machines and automated systems, aimed at expanding market segments[60] - The company plans to launch a high-precision composite grinding center in 2023, enhancing its capabilities in high-precision processing equipment[61] Sales and Distribution - The company established a professional e-commerce team to expand sales channels, contributing to new orders from industries such as motorcycles and hydraulics[47] - The smart equipment segment achieved revenue of ¥2,311.89 million, a year-on-year growth of 32.48%[46] - The company's direct sales model accounted for 100% of total sales, with a revenue of CNY 357,819,204.03, down 18.39% from the previous year[52] Operational Efficiency - The company is focusing on automation and standardization in its production processes, which is expected to enhance operational efficiency and market competitiveness[60] - The gross margin for the CNC grinding machine product line was 47.84%, despite a 10.41% increase in revenue to CNY 85,952,664.50[53] - The company's total operating costs for the CNC grinding machine were CNY 44,829,466.83, with a year-on-year increase of 34.28% in direct material costs[56] Governance and Compliance - The company reported a strict adherence to governance regulations, holding 6 board meetings and 6 supervisory meetings during the reporting period, ensuring compliance with legal requirements[105][106] - The company has a total of 7 board members, including 3 independent directors, ensuring a balanced governance structure[105] - The company has implemented a robust investor relations management system, enhancing transparency and communication with stakeholders[107] Shareholder Relations - The company announced a cash dividend of 1.50 CNY per 10 shares, totaling 22,836,600 CNY for the reporting period[141] - The total shares held by the chairman, Xu Shixiong, decreased from 55,851,500 to 52,061,500, reflecting a reduction of 3,790,000 shares due to block trading[113] - The total number of shares held by all directors, supervisors, and senior management decreased from 75,607,785 to 70,208,122, reflecting a total reduction of 5,399,663 shares[113] Future Outlook - The company plans to enhance its innovation and R&D system, focusing on breakthroughs in key technologies and self-sufficiency in critical components[84] - The company aims to improve its human resource management system, focusing on talent acquisition, training, and incentive mechanisms to build a competitive and capable team[89] - The company is exploring potential mergers and acquisitions to enhance its competitive position[126] - Future performance guidance indicates a positive outlook based on current market trends and internal strategies[126]

Group 1: Industry Overview - In 2022, the machine tool industry faced challenges due to geopolitical conflicts, leading to increased downward pressure on China's macro economy [2] - The cumulative operating revenue of key enterprises in the machine tool industry decreased by 0.3% year-on-year in 2022, with metal cutting machine tools seeing a decline of 5.6% [2] - The production of metal cutting machine tools in China was 572,000 units in 2022, down 13.1% year-on-year [2][3] - The import value of metal cutting machine tools in 2022 was $5.61 billion, a decrease of 10.1% year-on-year [3] Group 2: Company Performance - In Q1 2023, the company's operating revenue increased by 77.06% compared to the previous quarter, indicating a strong recovery in demand for CNC machine tools [3] - The company plans to distribute a cash dividend of 1.50 yuan per 10 shares based on a total share capital of 152,244,000 shares [3][4] - The company's R&D investment in 2022 was 38.14 million yuan, a year-on-year increase of 13.56%, accounting for 10.66% of the annual operating revenue [3] Group 3: Future Strategies - In 2023, the company aims to focus on CNC grinding machines, polishing machines, and intelligent equipment, targeting the consumer electronics upgrade cycle and the development of the new energy vehicle industry [4][5] - The company plans to expand its international market presence, particularly in Southeast Asia, by establishing overseas process verification laboratories and exploring partnerships [4][5] - The company anticipates a revenue growth of 10%-40% in 2023, with a net profit growth of 15%-45% compared to the previous year [5][6] Group 4: Product Development - The company is actively developing silicon carbide processing equipment, with some prototypes already launched [4][5] - The main product categories include CNC grinding machines, CNC polishing machines, and intelligent equipment, widely used in various industries [5] - The company has a backlog of orders amounting to 129 million yuan as of December 2022 [5]