隆华科技集团(洛阳) 股份有限公司 内部控制审计报告 2024 年度 您可使用手机"扫一扫"或进入"注册会计师行业统一监管平台（http://acc.mof.eover.com）"徐 PTH (http:// 报告编码:沪25WSG 信会计师事务所(特殊普通合伙) CHINA SHU LUN PAN CERTIFIED PUBLIC ACCOUNTANTS 内部控制审计报告 信会师报字[2025]第 ZB10509 号 一、 企业对内部控制的责任 按照《企业内部控制基本规范》、《企业内部控制应用指引》、《企 业内部控制评价指引》的规定,建立健全和有效实施内部控制,并评 价其有效性是隆华科技董事会的责任。 二、 注册会计师的责任 隆华科技集团(洛阳)股份有限公司全体股东: 按照《企业内部控制审计指引》及中国注册会计师执业准则的相 关要求,我们审计了隆华科技集团(洛阳)股份有限公司(以下简称 降华科技）2024年12月31 日的财务报告内部控制的有效性。 我们的责任是在实施审计工作的基础上,对财务报告内部控制的 有效性发表审计意见,并对注意到的非财务报告内部控制的重大缺陷 进行披露。 三、 内部控制的固有局限性 ...

华泰联合证券有限责任公司 关于隆华科技集团（洛阳）股份有限公司 2024 年度募集资金存放与使用情况的核查意见 华泰联合证券有限责任公司（以下简称"华泰联合"或"保荐机构"）作为隆华 科技集团（洛阳）股份有限公司（以下简称"隆华科技"或"公司"）向不特定对象 发行可转换公司债券的保荐机构，根据《证券发行上市保荐业务管理办法》《深圳证 券交易所创业板股票上市规则》《深圳证券交易所上市公司自律监管指引第2号—— 创业板上市公司规范运作》《上市公司监管指引第2号——上市公司募集资金管理和 使用的监管要求》及《深圳证券交易所上市公司自律监管指引第13号——保荐业务》 等相关规定，对隆华科技2024年度募集资金存放和使用情况进行了审慎核查，具体 情况如下： 一、募集资金基本情况 （一）募集资金金额、到账及专项账户存储情况 经中国证券监督管理委员会出具的《关于同意隆华科技集团（洛阳）股份有限 公司向不特定对象发行可转换公司债券注册的批复》（"证监许可[2021]1474号"）核 准，公司本次向不特定对象发行7,989,283张可转换公司债券，每张面值为人民币100 元，按面值发行，募集资金总额为人民币798,928,30 ...

隆华科技集团（洛阳）股份有限公司 审计报告及财务报表 二○二四年度 隆华科技集团（洛阳）股份有限公司 审计报告及财务报表 （2024 年 01 月 01 日至 2024 年 12 月 31 日止） | | 目录 | 页次 | | --- | --- | --- | | 一、 | 审计报告 | 1-6 | | 二、 | 财务报表 | | | | 合并资产负债表和母公司资产负债表 | 1-4 | | | 合并利润表和母公司利润表 | 5-6 | | | 合并现金流量表和母公司现金流量表 | 7-8 | | | 合并所有者权益变动表和母公司所有者权益变动表 | 9-12 | | | 财务报表附注 | 1-168 | 审计报告 信会师报字[2025]第 ZB10506 号 隆华科技集团（洛阳）股份有限公司全体股东： 一、 审计意见 我们审计了隆华科技集团（洛阳）股份有限公司（以下简称隆华 科技）财务报表，包括 2024 年 12 月 31 日的合并及母公司资产负债 表，2024 年度的合并及母公司利润表、合并及母公司现金流量表、 合并及母公司所有者权益变动表以及相关财务报表附注。 我们认为，后附的财务报表在所有重大方 ...

隆华科技集团（洛阳）股份有限公司 独立董事 2024 年度述职报告 （董治国） 本人作为隆华科技集团（洛阳）股份有限公司（以下简称"公司"）第五、六届 董事会独立董事，在任职期间严格按照《公司法》《证券法》《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2号——创业板上市公司规范运作》 《公司章程》《独立董事工作制度》《独立董事专门会议工作制度》等相关法律、法规、 规章的规定和要求，在2024年度工作中，诚实、勤勉、独立履行职责，积极出席相关 会议，认真审议董事会各项议案，对公司重大事项发表了审核意见，切实维护了公司 和股东的利益，发挥了独立董事的独立性和专业性作用。现就本人2024年度履行独立 董事职责情况报告如下： 一、基本情况 本人董治国，1978 年生，中国国籍，无境外永久居留权，本科学历，中国注册会 计师、中国注册税务师、高级会计师。历任隆华科技第五届董事会独立董事。现任信 永中和会计师事务所（特殊普通合伙）合伙人，郑州航空工业管理学院客座教授及会 计硕士研究生导师，河南大学 MPACC 及 MBA 职业导师，河南高新技术企业评审专家， 漯河利通液压科技股份有限公司独立董事，河南 ...

隆华科技集团（洛阳）股份有限公司 独立董事 2024 年度述职报告 （胡春明） 本人作为隆华科技集团（洛阳）股份有限公司（以下简称"公司"）第五、 六届董事会独立董事，在任职期间严格按照《公司法》《证券法》《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2号——创业板上市公司 规范运作》《公司章程》《独立董事工作制度》《独立董事专门会议工作制度》等相 关法律、法规、规章的规定和要求，在2024年度工作中，诚实、勤勉、独立履行 职责，积极出席相关会议，认真审议董事会各项议案，对公司重大事项发表了审 核意见，切实维护了公司和股东的利益，发挥了独立董事的独立性和专业性作用。 现就本人2024年度履行独立董事职责情况报告如下： 一、基本情况 本人胡春明，1971 年生，中国国籍，无境外永久居留权，专科学历。历任京东 方科技集团股份有限公司职员，中国光学光电子行业协会液晶分会行业研究部主 任，隆华科技第五届董事会独立董事。现任中国光学光电子行业协会液晶分会常 务副秘书长，深圳市三利谱光电科技股份有限公司独立董事，兼任工信部、发改 委、环保部、商务部、国开行以及安徽、河北、四川等省指定行业专家，隆华科 ...

隆华科技集团（洛阳）股份有限公司 独立董事 2024 年度述职报告 （吕国会—换届离任） 本人作为隆华科技集团（洛阳）股份有限公司（以下简称"公司"）第五届董 事会独立董事，在任职期间严格按照《公司法》《证券法》《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 2 号——创业板上市公司规范运 作》《公司章程》《独立董事工作制度》《独立董事专门会议工作制度》等相关法律、 法规、规章的规定和要求，在 2024 年度工作中，诚实、勤勉、独立履行职责，积 极出席相关会议，认真审议董事会各项议案，对公司重大事项发表了审核意见，切 实维护了公司和股东的利益，发挥了独立董事的独立性和专业性作用。 公司于 2024 年 9 月 12 日召开 2024 年第二次临时股东大会完成董事会换届工 作，本人不再担任公司任何职务。现就 2024 年度任职期间履行独立董事职责情况 报告如下： 一、基本情况 本人吕国会，1970 年生，中国国籍，无境外永久居留权，本科学历，高级工 程师。历任中国聚氨酯工业协会办公室主任、副秘书长、秘书长，隆华科技第五届 董事会独立董事。现任中国聚氨酯工业协会秘书长。 报告期内，本人任职符 ...

二〇二五年四月二十一日 1 根据《上市公司独立董事管理办法》《深圳证券交易所创业板股票上市规则》《深 圳证券交易所上市公司自律监管指引第 2 号——创业板上市公司规范运作》及隆华科技 集团（洛阳）股份有限公司（以下简称"公司"）《独立董事工作制度》等相关规定， 结合独立董事出具的《独立董事独立性自查情况表》，公司董事会就独立董事胡春明先 生、董治国先生、孙峙先生的独立性情况进行评估并出具如下专项意见： 经核查公司独立董事的任职经历以及签署的相关自查文件，独立董事未在公司担任 除独立董事以外的任何职务，也未在公司主要股东公司担任任何职务，与公司以及主要 股东之间不存在利害关系或其他可能妨碍其进行独立客观判断的关系，不存在其他影响 独立董事独立性的情况，符合《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 2 号——创业板上市公司规范运作》等相关法规对独立董事独立性的 相关要求。 隆华科技集团（洛阳）股份有限公司 董事会 隆华科技集团（洛阳）股份有限公司 董事会关于独立董事独立性情况的专项意见 ...

隆华科技集团（洛阳）股份有限公司 独立董事 2024 年度述职报告 （孙峙） 本人作为隆华科技集团（洛阳）股份有限公司（以下简称"公司"）第六届董 事会独立董事，在任职期间严格按照《公司法》《证券法》《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 2 号——创业板上市公司规范运 作》《公司章程》《独立董事工作制度》《独立董事专门会议工作制度》等相关法律、 法规、规章的规定和要求，在 2024 年度工作中，诚实、勤勉、独立履行职责，积 极出席相关会议，认真审议董事会各项议案，对公司重大事项发表了审核意见，切 实维护了公司和股东的利益，发挥了独立董事的独立性和专业性作用。 本人自 2024 年 9 月 12 日起担任公司独立董事，现就 2024 年度任职期间履行 独立董事职责情况报告如下： 一、基本情况 本人孙峙， 1982 年生，中国国籍，无境外永久居留权，研究生学历，博士学 位。曾获国家高层次人才计划（青年项目）、中国科学院青年科学家奖等；相关成 果获得国家科技进步二等奖 1 项（排名第二），北京市科技进步一等奖，浙江省科 技进步一等奖，中国有色金属工业科学技术一等奖等。国家重点研发计划 ...

Financial Performance - The company's operating revenue for Q1 2025 was ¥638,752,377.52, a decrease of 0.46% compared to ¥641,730,240.60 in the same period last year[4] - Net profit attributable to shareholders was ¥44,990,130.72, down 18.11% from ¥54,943,051.96 year-on-year[4] - The company's basic earnings per share decreased to ¥0.05, down 16.67% from ¥0.06 in the same period last year[4] - Net profit for the current period was ¥49,130,180.84, down 16.5% from ¥58,959,100.47 in the previous period[22] Cash Flow - The net cash flow from operating activities improved significantly to ¥7,701,252.68, compared to a negative cash flow of ¥216,117,297.30 in the previous year, marking a 103.56% increase[4] - The net cash flow from investing activities was negative at ¥78,242,700, a decrease of 39.08% compared to a negative cash flow of ¥56,258,900 in the same period last year, attributed to the acquisition of a stake in Zhaoheng Technology[12] - The net cash flow from financing activities increased to ¥61,736,200, compared to a negative cash flow of ¥600,390 in the previous year, due to increased borrowings[12] - Cash inflow from operating activities was ¥735,383,617.76, significantly higher than ¥514,981,382.30 in the previous period[25] - The net cash flow from financing activities improved to $61,736,161.20 from a negative $6,003,863.94 in the prior period[26] Assets and Liabilities - Total assets at the end of the reporting period were ¥6,970,361,173.17, reflecting a 0.93% increase from ¥6,905,982,426.84 at the end of the previous year[4] - The company's total liabilities increased to ¥3,554,767,852.19, compared to ¥3,521,800,706.29 at the beginning of the period[21] - The total equity attributable to shareholders of the parent company rose to ¥3,267,476,068.38 from ¥3,240,454,193.41[21] - The company reported a short-term loan of 536,594,166.22 RMB, up from 499,938,793.92 RMB at the beginning of the period[20] Shareholder Information - The total number of common shareholders at the end of the reporting period is 44,732[14] - The top shareholder, Li Zhanming, holds 10.56% of shares, totaling 95,501,092 shares[14] - The company has a total of 155,821,998 shares under lock-up agreements, with 23,875,273 shares released during the period[19] Investment and Expenses - Investment income decreased significantly to ¥1,379,800, down 91.24% from ¥15,752,000 in the previous year, mainly due to last year's recognition of investment income from Renda Longhua[8] - Research and development expenses increased to ¥23,108,013.08, up from ¥18,170,921.88 in the previous period, indicating a focus on innovation[22] - The company's financial expenses rose to ¥15,537,000, an increase of 43.37% from ¥10,836,600 in the same period last year, primarily due to increased loan interest expenses[8] Company Developments - The company acquired a 3.97% stake in Zhaoheng Technology for 19.026 million RMB, increasing its ownership to 83.55%[15] - The company established Longhua Technology (Luoyang) Equipment Co., Ltd. with a registered capital of 100 million RMB on March 24, 2025[16] Audit Information - The company did not undergo an audit for the first quarter report[27]

Financial Performance - The company's operating revenue for 2024 reached ¥2,710,665,159.80, representing a 9.87% increase compared to ¥2,467,153,920.09 in 2023[22] - The net profit attributable to shareholders for 2024 was ¥131,039,702.41, a 3.37% increase from ¥126,770,514.93 in 2023[22] - The net profit after deducting non-recurring gains and losses decreased by 11.57% to ¥115,671,114.27 from ¥130,810,790.15 in the previous year[22] - The net cash flow from operating activities was negative at -¥44,829,309.31, a significant decline of 132.53% compared to ¥137,797,398.96 in 2023[22] - The total assets of the company increased by 9.21% to ¥6,905,982,426.84 at the end of 2024, up from ¥6,323,489,956.25 at the end of 2023[22] - The net assets attributable to shareholders rose by 2.64% to ¥3,240,454,193.41 from ¥3,157,018,031.34 in the previous year[22] - The basic earnings per share for 2024 was ¥0.15, reflecting a 7.14% increase from ¥0.14 in 2023[22] - The diluted earnings per share also stood at ¥0.15, consistent with the basic earnings per share[22] - The weighted average return on net assets was 4.10%, slightly up from 4.07% in 2023[22] Revenue Breakdown - The company's total revenue for Q4 2023 reached approximately $780.48 million, showing a significant increase compared to Q1 2023's revenue of about $641.73 million, representing a growth of approximately 21.6%[24] - The manufacturing sector contributed ¥2,344,215,864.22, accounting for 86.48% of total revenue, with a growth of 10.73% compared to the previous year[61] - Revenue from electronic new materials surged by 43.38%, amounting to ¥678,255,804.47, up from ¥473,032,403.26 in 2023[61] - The company achieved a revenue increase of 70.76% in the Southwest region, totaling ¥281,217,301.92[63] Cash Flow and Investments - Operating cash inflow totaled ¥2,585,123,127.21, up 16.59% year-over-year, while cash outflow increased by 26.47% to ¥2,629,952,436.52[83] - Investment cash flow net decreased by 514% to -¥269,815,766.63, attributed to increased fixed asset purchases[84] - Financing cash flow net increased by 315.89% to ¥252,378,149.17, mainly due to increased project loans[85] - The company reported a significant reduction in capitalized R&D expenses, with a ratio of 0.00% in 2024 compared to 0.59% in 2023[81] - Total investment during the reporting period was ¥5,000,084.37, a decrease of 93.67% compared to the previous year[92] Research and Development - The company has established a comprehensive R&D mechanism and significantly increased R&D investment across various business areas, enhancing product competitiveness and driving revenue growth[56] - Research and development expenses rose by 7.90% to ¥125,138,815.40, reflecting ongoing investment in innovation[75] - The company is focusing on differentiated R&D for new types of targets suitable for heterojunction and perovskite solar cells, aiming to lead in innovation within the photovoltaic sector[34] - The company has formed partnerships with prestigious universities and research institutions to enhance its R&D capabilities[58] - The company emphasizes talent development through a structured internal training system and collaboration with academic institutions[58] Market Expansion and Product Development - The company is actively pursuing market expansion in the new materials sector, particularly in photovoltaic and wind energy industries[60] - The company has successfully developed high-purity molybdenum and molybdenum alloy targets, filling a technological gap in China and reducing reliance on imports[33] - The company launched a new 500-ton ITO target project in July 2024, which is expected to enhance production capacity and support high-quality development[34] - The company is expanding into new markets such as pharmaceuticals and new materials, driven by environmental policies and equipment replacement initiatives, which are expected to create new opportunities for cold exchange equipment[41] Environmental and Social Responsibility - The company is committed to sustainable practices, including the reuse of treated water for landscaping and production[181] - Company invested CNY 12.756 million in environmental governance and paid CNY 5,300 in environmental protection tax[183] - Company actively supports poverty alleviation and rural revitalization by purchasing agricultural products from impoverished areas and providing financial assistance[190] - The company has developed emergency response plans for environmental incidents, ensuring compliance with regulatory requirements[183] Governance and Compliance - The company has established a comprehensive governance structure, complying with relevant laws and regulations, ensuring effective decision-making processes[130] - The company maintains a complete and independent operational structure, ensuring no conflicts of interest with controlling shareholders in terms of assets, personnel, finance, and business operations[132][133] - The company has implemented a mentorship system for internal talent development, with one-on-one training plans and performance evaluations included in the assessment of both mentors and mentees[122] - The company has established a value management system to enhance its market value and protect the interests of stakeholders, with a new value management policy approved by the board[127] Shareholder and Management Information - The company plans to distribute cash dividends of ¥0.50 per 10 shares, with a total cash dividend amounting to ¥44,556,754.20, representing 100% of the total profit distribution[164] - The company has approved a stock incentive plan granting 11 million restricted shares at a price of ¥3.85 per share, representing 1.22% of the total share capital, to 63 eligible participants[166] - The total number of employees at the end of the reporting period is 2,363, with 1,040 in the parent company and 1,323 in major subsidiaries[159] - The company reported a total compensation of 13.75 million yuan for 18 directors, supervisors, and senior management personnel in 2024[148] Internal Control and Audit - The internal control audit report states that as of December 31, 2024, the company maintained effective internal controls over financial reporting in all material respects[173] - The internal control evaluation report indicates that the total assets of the evaluated units account for 100.00% of the company's consolidated financial statement assets[171] - The company has strengthened its internal control system and audit supervision, enhancing the effectiveness of internal audits and compliance awareness[169] Subsidiaries and Investments - The company established a new subsidiary, Longhua International Trade (Hainan) Co., Ltd., with a 100% ownership and an investment amount of 3 million yuan on April 17, 2024[196] - The company has invested 100,000 yuan to establish Longhua Technology (Russia) LLC on November 22, 2024, with a 100% ownership, which is included in the consolidated financial statements for the reporting period[196] - The company has committed a total investment of 78,680.14 million CNY for the new high-performance structural/function materials industrialization project, with an actual investment of 41,578.67 million CNY, achieving 53% of the planned investment[107]