北京市中伦（深圳）律师事务所 关于国民技术股份有限公司 2024 年度股东大会的 法律意见书 二〇二五年五月 北京 • 上海 • 深圳 • 广州 • 武汉 • 成都 • 重庆 • 青岛 • 杭州 • 南京 • 海口 • 东京 • 香港 • 伦敦 • 纽约 • 洛杉矶 • 旧金山 • 阿拉木图 Beijing • Shanghai • Shenzhen • Guangzhou • Wuhan • Chengdu • Chongqing • Qingdao • Hangzhou • Nanjing • Haikou • Tokyo • Hong Kong • London • New York • Los Angeles • San Francisco • Almaty 北京市中伦（深圳）律师事务所 关于国民技术股份有限公司 2024 年度股东大会的 法律意见书 致：国民技术股份有限公司 北京市中伦（深圳）律师事务所（以下简称"本所"）受国民技术股份有限 公司（以下简称"公司"）委托，指派郑珂丹律师、郭子威律师出席并见证公司 2024 年度股东大会（以下简称"本次股东大会"），并依据《中华人民共和国公 司法》（以 ...

关于股东部分股份质押及解质押的公告 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。 证券代码：300077 证券简称：国民技术 公告编号：2025-024 国民技术股份有限公司 国民技术股份有限公司（以下简称"公司"）接到公司股东、公司董事长、 总经理孙迎彤先生的通知，近期其将所持有的公司部分股份办理了质押及解质押 业务，现将有关事项公告如下： | 股东 | 是否为控 股股东或 | 本次质押 | 占其所持 | 占公司 | 是否 | 是否 为补 | 质押 | 质押 | | 质权用 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 名称 | 第一大股 | 股份数量 | 股份比例 | 总股本 | 为限 | 充质 | 起始 | 到期 | 质权人 | 途 | | | 东及其一 致行动人 | （万股） | | 比例 | 售股 | 押 | 日 | 日 | | | | 孙迎 | 第一大股 | 100.00 | 5.7378% | 0.1715% | 否 | 否 | 2025- 04- ...

2024 年度业绩说明会投资者活动记录表 编号：2025-001 证券代码： 300077 证券简称：国民技术 国民技术股份有限公司 尊敬的投资者您好，感谢您的关注。安全芯片业务目前市场趋势越来 越往方案级方向发展，公司已经在安全芯片方案方面投入了专门的 力量，相信今年会较去年同期相比，有一定程度的增长。MCU 业务 经过多年培育，并且经过两到三年研发投入，新产品逐步面市，今年 销售收入预计同比会实现增长，也期待能取得较快程度的增长。 12、新加坡官司，有没有最新情况可以透露？ 尊敬的投资者您好，感谢您的关注。目前新加坡高等法院已就本案作 出判决，由于判决涉及域外执行且涉及域外法律体系，能否进入执行 程序存在较大不确定性，且预计执行周期将非常漫长。后续如案件进 展达到披露标准时，公司将按照相关规定履行信息披露义务。 13、如何看今年 MCU 价格走势？ 尊敬的投资者您好，感谢您的关注。感谢您对公司的关注。 首先， 国内 MCU 存在一定程度的同质化竞争。在这方面，价格持续承压， 会是常态。公司会通过挖潜，降低成本，增加销量进行应对。 其次， 高端 MCU 芯片，虽然也有一定程度的价格压力（主要占据市场的大 品 ...

4月23日，国民技术（300077）与中国科学院深圳先进技术研究院电驱系统专家团队在深圳签署合作意 向协议，双方将在国家重点研发项目支持下，就智能机器人及关节伺服驱控领域的核心技术攻关展开深 度合作。(人民财讯) ...

Core Viewpoint - National Technology has launched the N32H7 series high-performance MCUs based on the Arm Cortex M7 core, marking a significant step in entering the high-end MCU market, which has been dominated by international companies like NXP and Renesas [1][2]. Group 1: Product Launch and Market Position - National Technology is the first domestic company to introduce Arm Cortex M7+M4 dual-core heterogeneous MCUs, with the N32H7 series including models such as N32H785 and N32H788 [1][2]. - The new products feature a performance ceiling for general-purpose MCUs, with standard configurations including 1024K TCM memory and operating speeds of 600MHz for the Arm Cortex-M7 and 300MHz for the Cortex-M4 [2][3]. - The company aims to cover the entire range of 32-bit MCUs from M0 to M7, positioning itself as a rare domestic player with a full product line from low-end to high-end [2]. Group 2: Application Areas - The N32H7 series is applicable in various fields, including industrial control, robotics, and renewable energy sectors such as photovoltaic inverters and energy storage systems [3][4]. - The shift in focus from low-end to high-performance MCUs reflects a broader industry trend towards higher value-added products, moving away from intense price competition [3][5]. Group 3: Market Trends and Opportunities - The semiconductor industry is experiencing growth driven by AI applications, with National Technology's products being suitable for AI data centers and high-performance robotics [4][5]. - The company is targeting industrial and energy sectors, with 40%-50% of its clients in the consumer sector, while focusing on higher-margin industrial clients [4][5]. - The ongoing global trade tensions and supply chain security concerns are accelerating the domestic MCU replacement process, providing opportunities for local manufacturers like National Technology [5].

Core Insights - The demand for AI in China is expected to drive rapid development in related industries, potentially making robotics a significant growth sector similar to new energy vehicles [1] - The global MCU market is undergoing a structural adjustment, influenced by advancements in AI technology and geopolitical factors, leading to a divergence between international and domestic companies [1][2] - Domestic companies are increasingly penetrating the high-end MCU market, traditionally dominated by international firms, particularly in high-value sectors like automotive electronics and industrial control [2] Industry Trends - The MCU technology is evolving towards AI integration, increased integration, architectural innovation, and process iteration [3] - The introduction of the N32H7 series high-performance MCU by the company marks a significant advancement, being the first domestic dual-core heterogeneous MCU based on Arm Cortex M7+M4 [3] - The rapid development of AI technology is pushing the MCU market into a new phase of transformation and upgrade, with AI and MCU integration becoming a core trend [3] Market Dynamics - The servomotor market is crucial for robotics, with domestic manufacturers already holding significant positions [4] - The demand for servomotors in humanoid robots is expected to grow, with projections indicating a substantial increase in production from leading companies [5] - The overall market for humanoid robots is currently limited, but long-term growth potential is significant as applications continue to expand [5] Financial Performance - The company reported a revenue of 1.17 billion yuan in 2023, a year-on-year increase of 12.6%, with a net profit loss reduced by 58.82% [6] - In Q1 2023, the company achieved a revenue of 304 million yuan, a 31.87% increase year-on-year, indicating a recovery in the semiconductor industry [6] - The sales volume of integrated circuits and key components increased by nearly 80%, contributing to a revenue of 597 million yuan, which accounted for 51.09% of total revenue [6] Product Development - The company is focusing on high-value business lines such as industrial automation and automotive electronics to offset low margins in the consumer electronics sector [7] - New digital power control MCU products are being promoted, with increasing demand anticipated due to the rise of AI data centers [7] - The company is entering supply chains of major power customers, expecting performance improvements in the latter half of the year [7] Future Outlook - The industry is expected to experience fluctuations in 2025, particularly due to unclear tariff policies, but there is optimism regarding market demand in Europe and other regions [8] - The MCU market is projected to grow, with the global automotive MCU market expected to reach approximately 10.9 billion USD in 2024, reflecting an 8.3% year-on-year increase [8] - The rise of AI applications across various sectors is increasing the demand for MCUs with AI processing capabilities [9]

国民技术（300077）（300077.SZ）拟赴港IPO，实现"A+H"上市。 4月16日晚间，国民技术发布年报。2024年，公司实现营业收入11.68亿元，同比增长12.62%；归属于上 市公司股东的净利润（净利润，下同）亏损2.35亿元，同比减亏58.82%；扣除非经常性损益后的净利润 （扣非净利润，下同）亏损1.96亿元，同比减亏60.88%。 连续三年亏损 资料显示，国民技术以网银安全芯片起家，目前从事的主要业务涵盖集成电路领域及新能源负极材料两 个领域。 长江商报记者注意到，在双主业运营模式下，国民技术的盈利能力并不强。同花顺（300033）数据显 示，2017年至2020年，国民技术连续四年扣非净利润亏损。 2021年，国民技术扭亏为盈，当期净利润和扣非净利润分别为2.19亿元、4635.8万元。 2022年，国民技术再次陷入亏损。 当前，国民技术的业务涵盖集成电路、新能源负极材料两个领域。2024年，尽管半导体行业回暖，但负 极材料行业仍处于周期底部调整阶段，国民技术的产品销量虽然实现增长，但期间费用、各类资产减值 损失依旧对国民技术的业绩造成影响。 2022年至2024年，国民技术已连续三年 ...

Core Viewpoint - The company showcased its innovative products and solutions at the 2025 Munich Shanghai Electronics Show, highlighting the launch of the N32H7 series high-performance MCU, which is the first domestic Arm Cortex M7+M4 dual-core heterogeneous MCU [1] Group 1: Product Development - The N32MCU product family has rapidly developed to include 36 MCU product series and over 240 product models [1] - The newly launched N32H785/785EC/787/788/760/762/765/765EC series MCUs are characterized by strong power, high precision, and reliability, suitable for various applications in industrial control, robotics, and new energy sectors [2] Group 2: Application Areas - The MCUs are critical for robotics, enabling the processing of sensor data and sending commands to actuators, thus driving motors and robotic arms [1] - The N32H7 and N32H4 series MCUs are utilized in humanoid robot servo motor control, allowing for designs with multiple degrees of freedom [3] Group 3: Industry Solutions - The company presented a 5000W digital power application solution and various BMS protection boards for different applications, including portable BMS for vehicles and drones [4] - The showcased products demonstrate high reliability, stability, and integration, enhancing industrial control efficiency and competitiveness across various sectors [4]

4月16日晚国民技术（300077）公告，公司拟发行H股并申请在港交所主板挂牌上市，并启动本次H股上 市的前期筹备工作。 同日，国民技术发布2024年年报及2025年一季度报告。2024年，该公司实现营收11.7亿元，同比增长 12.6%；净利润亏损2.35亿元，同比减亏58.82%。 目前，国民技术主要业务涵盖集成电路领域及新能源负极材料两个领域。报告期内，其集成电路业务销 售数量较上年同期实现大幅增长，营业收入和毛利均较上年同期有显著增加。国民技术表示，这一变化 主要受全球经济复苏及终端需求改善的影响，促使下游终端用户和渠道端库存逐步去化。负极材料业务 销售数量较上期增加约35%，石墨化加工数量较上年同期增加约271%，负极材料类业务（含石墨化加 工）实现营业收入5.71亿元，与上年同期基本持平。 国民技术表示，业绩变动的主要原因，一方面随着全球经济、终端需求温和复苏，下游终端用户、渠道 端库存逐步去化，半导体行业呈现出回暖态势。公司在保持与现有客户稳固合作的同时，努力调整产品 结构与客户结构、积极开拓新客户与新产品市场，公司集成电路关键元器件销售量、营业收入和毛利均 较上年同期有较大幅度增长。另一方面， ...

Financial Performance - The company reported a basic earnings per share of -0.4000 yuan for 2024, an improvement of 60% compared to -1.0000 yuan in 2023 [1] - The net profit for 2024 was -2.35 billion yuan, showing a significant reduction of 58.92% from -5.72 billion yuan in 2023 [1] - Operating revenue increased by 12.63% to 11.68 billion yuan in 2024, compared to 10.37 billion yuan in 2023 [1] - The return on equity improved to -22.56% in 2024 from -41.99% in 2023, indicating a positive trend [1] Shareholder Structure - The top ten unrestricted shareholders collectively hold 32.6622 million shares, accounting for 5.76% of the circulating shares, a decrease of 3.65 million shares from the previous period [2] - Hong Kong Central Clearing Limited is the largest shareholder with 9.3901 million shares, representing 1.66% of total share capital, having increased its holdings by 4.1136 million shares [3] - Several new institutional investors entered the top ten shareholders, including a securities investment fund with 4.8083 million shares [3] Dividend Policy - The company has announced no distribution or capital increase for the current period [5]