提名人中际旭创股份有限公司董事会现就提名 Yan Zhuang(庄岩)为中际 旭创股份有限公司第五届董事会独立董事候选人发表公开声明。被提名人已 书面同意作为中际旭创股份有限公司第五届董事会独立董事候选人。本次提 名是在充分了解被提名人职业、学历、职称、详细的工作经历、全部兼职、 有无重大失信等不良记录等情况后作出的，本提名人认为被提名人符合相关 法律、行政法规、部门规章、规范性文件和深圳证券交易所业务规则对独立 董事候选人任职资格及独立性的要求，具体声明并承诺如下事项： 一、被提名人已经通过中际旭创股份有限公司第五届董事会提名委员会 资格审查，提名人与被提名人不存在利害关系或者其他可能影响独立履职情 形的密切关系。 ☑ 是 □ 否 如否，请详细说明：______________________________ 二、被提名人不存在《中华人民共和国公司法》第一百七十八条等规定 不得担任公司董事的情形。 中际旭创股份有限公司 独立董事提名人声明与承诺 ☑ 是 □ 否 如否，请详细说明：______________________________ 三、被提名人符合中国证监会《上市公司独立董事管理办法》和深圳证 券交 ...

证券代码：300308 证券简称：中际旭创 公告编号：2025-005 中际旭创股份有限公司 表决结果：3 票赞成、0 票反对、0 票弃权。 二、备查文件 1、中际旭创第五届监事会第十五次会议决议。 特此公告 第五届监事会第十五次会议决议公告 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。 中际旭创股份有限公司(以下简称"公司"或"中际旭创")第五届监事会第十五 次会议通知于 2025 年 1 月 20 日以电话、电子邮件的方式向全体监事发出，并于 2025 年 1 月 27 日上午 10:30 以通讯方式召开。会议应到监事 3 人，实到监事 3 人，会议的 召开及表决程序符合《公司法》等法律、行政法规、部门规章、规范性文件及《公司 章程》的有关规定，会议合法有效。会议由监事会主席陈彩云女士主持，会议审议并 以记名投票表决方式通过了如下决议： 一、审议通过了《关于变更公司回购股份用途并注销的议案》 根据《中华人民共和国公司法》《上市公司股份回购规则》《深圳证券交易所上市 公司自律监管指引第 9 号——回购股份》和公司回购股份方案的相关规定，公司如未 能在股份回 ...

证券代码：300308 证券简称：中际旭创 公告编号：2025-008 中际旭创股份有限公司 关于召开 2025 年第一次临时股东会的通知 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。 根据中际旭创股份有限公司（以下简称"公司"或"中际旭创"）第五届董事会第 十七次会议决议，公司定于 2025 年 2 月 21 日（星期五）下午 14:30 在公司会议室召开 2025 年第一次临时股东会，本次会议采取现场表决与网络投票相结合的方式召开，现 将召开本次会议的相关事宜通知如下： 一、召开会议的基本情况 1、股东会届次：2025 年第一次临时股东会。 2、股东会的召集人：中际旭创股份有限公司董事会。 3、会议召开的合法、合规性：经公司第五届董事会第十七次会议审议通过，决定 召开 2025 年第一次临时股东会，会议的召集、召开符合相关法律、行政法规、部门规 章、规范性文件和《公司章程》的规定。 4、会议召开的日期、时间： （1）现场会议召开时间：2025 年 2 月 21 日（星期五）下午 14:30。 （2）网络投票时间： 通过深圳证券交易所交易系统进行网络投票的 ...

第一章 总则 中际旭创股份有限公司 舆情管理制度 第一条 为加强中际旭创股份有限公司（以下简称"中际旭创"或"公司"） 应对各类舆情的能力，建立快速反应和应急处置机制，及时、妥善处理各类舆情 对公司股价、商业信誉及正常生产经营活动造成的影响，切实维护投资者合法权 益，根据《中华人民共和国公司法》《中华人民共和国证券法》《深圳证券交易 所创业板股票上市规则》《上市公司监管指引第 10 号——市值管理》等法律法 规、规范性文件和《中际旭创股份有限公司章程》的规定，结合公司实际情况， 制定本制度。 第二条 本制度所称舆情包括但不限于： （一）报刊、电视、网络等媒体及自媒体（以下合称"媒体"）对公司进行 的不实或负面报道； （二）社会上存在的已经或预计会给公司造成不良影响的传言或信息； （三）可能或者已经影响公众投资者投资价值取向，造成股价异常波动的信 息； （四）其他涉及公司信息披露且可能对公司股票及其衍生品交易价格产生较 大影响的事件信息。 第三条 公司舆情分类 （一）重大舆情：指传播范围较广，严重影响公司公众形象或正常经营活动， 使公司已经或可能遭受重大损失，已经或可能造成公司股票及其衍生品交易价格 较大波动的 ...

Investment Rating - The investment rating for the company is "Buy" (maintained) [1] Core Views - The company has released its 2024 earnings forecast, expecting a net profit attributable to shareholders of 4.6 to 5.8 billion yuan, corresponding to a year-on-year increase of 111.6% to 166.8%, with a median of 5.2 billion yuan indicating a year-on-year increase of 139.2% [2] - The company is expected to benefit significantly from the high demand for 800G and 1.6T products in 2025, as well as the accelerated penetration of silicon photonics [4] Summary by Relevant Sections Earnings Forecast and Valuation - The company forecasts total revenue of 24.38 billion yuan for 2024, representing a year-on-year growth of 127.47% [1] - The net profit attributable to shareholders is projected to be 5.283 billion yuan for 2024, with a year-on-year growth of 143.07% [1] Financial Impact Factors - The net profit and non-recurring net profit are affected by several factors, including stock incentive expenses reducing net profit by approximately 190 million yuan, and impairment provisions for inventory and receivables reducing net profit by about 60 million yuan [3] - The company anticipates further improvement in gross margin and net profit margin due to increased shipment volumes and cost efficiencies [3] Market Trends and Product Demand - The demand for 800G optical modules is expected to be fully released in 2025, driven by the growing needs of cloud providers and advancements in computing power [4] - The company is well-positioned to meet mainstream customer demands and is expected to gain structural advantages in material supply due to its deep layout in silicon photonics [4]

Financial Performance Overview - In Q4 2024, the company anticipates a net profit of 4.6 to 5.8 billion CNY, a year-on-year increase of approximately 112% to 167% compared to 2.17 billion CNY in the same period last year [3] - The average gross margin for the entire year is projected to be around 34%, with a 1.5% increase in Q4 compared to Q3 [3] - Non-recurring net profit is expected to be between 4.5 to 5.7 billion CNY, also reflecting a year-on-year growth of about 112% to 169% [3] Market Demand and Supply Challenges - There is a strong demand for AI data center investments, with overseas customers' infrastructure construction growing rapidly compared to 2023 [4] - EML shortages are expected to impact revenue growth in Q3 and Q4, despite high order demand [4] - The company has completed testing and certification for 800G optical modules for CSP customers, with a focus on 400G demand in 2024 and an upgrade to 800G in 2025 [4] Customer Insights and Future Projections - The company has observed a significant increase in capital expenditures from overseas AI data center clients, which is beneficial for the optical module industry [5][7] - Orders are expected to continue growing in Q1 2025, reflecting strong demand [8] - The company anticipates a gradual easing of EML shortages in the first half of 2025, with a full resolution expected in the second half [9] Product Development and Innovations - The company is preparing for a gradual increase in shipments of 1.6T products starting in Q2 2025, with expectations of sequential growth throughout the year [10] - There is ongoing research and development for 3.2T products, although specific customer demand has not yet been established [12] - The introduction of silicon photonics modules is expected to alleviate some reliance on EML as 800G shipments increase [14] Strategic Market Positioning - The company maintains a strong position as a primary supplier for domestic large clients, despite a lower revenue proportion from the domestic market compared to overseas [13] - The company is committed to expanding its domestic market presence through dedicated subsidiaries [13] Closing Remarks - The company is optimistic about maintaining a positive growth trajectory in 2025, driven by increased investments in AI computing infrastructure from various clients [18]

Financial Performance Projections - The estimated net profit attributable to shareholders for 2024 is projected to be between RMB 460 million and RMB 580 million, representing an increase of 111.64% to 166.85% compared to the previous year's profit of RMB 217.35 million[2]. - The net profit after deducting non-recurring gains and losses is expected to be between RMB 450 million and RMB 570 million, reflecting an increase of 111.90% to 168.40% from RMB 212.37 million in the same period last year[2]. - The subsidiary Suzhou Xuchuang is expected to achieve a consolidated net profit of approximately RMB 500 million to RMB 630 million, marking an increase of 100.88% to 153.11% compared to RMB 248.90 million in 2023[3]. - The company anticipates a consolidated net profit of approximately RMB 470 million to RMB 600 million, which is an increase of 112.90% to 171.78% from RMB 220.77 million in the previous year[3]. Factors Affecting Profit - The increase in performance is attributed to strong growth in capital expenditures and the ongoing construction of computing power infrastructure, leading to significant sales growth in 800G and 400G high-end optical modules[5][6]. - The recognition of stock incentive expenses reduced the net profit attributable to shareholders by approximately RMB 19.20 million during the reporting period[3][6]. - The depreciation and amortization of fixed and intangible assets from acquisitions of subsidiaries resulted in a decrease of approximately RMB 4 million in net profit attributable to shareholders[6]. - The company recognized a total of approximately RMB 6.20 million in credit impairment losses and inventory impairment provisions, impacting net profit[6]. - Non-recurring gains, including government subsidies, contributed an increase of approximately RMB 4.60 million to the net profit attributable to shareholders[6]. Investor Guidance - The specific data for the 2024 annual performance will be detailed in the company's annual report, and investors are advised to make cautious decisions[7].

证券代码：300308 证券简称：中际旭创 公告编号：2025-002 中际旭创股份有限公司 关于使用部分自有资金进行现金管理的进展公告 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。 中际旭创股份有限公司（以下简称"公司"或"中际旭创"）于 2024 年 4 月 18 日召开第五届董事会第七次会议、第五届监事会第七次会议分别审议并通过了《关 于继续使用自有资金进行现金管理的议案》，为提高公司暂时闲置自有资金的使用效 率，增加资金收益，在保证日常经营资金需求和资金安全的前提下，中际旭创及合 并报表范围内子公司、孙公司或分公司合计拟使用不超过人民币 150,000 万元（或等 值外币）的闲置自有资金进行现金管理，在该额度范围内，资金可循环滚动使用； 使用期限自公司股东大会审议通过之日起十二个月内有效，单个投资产品的投资期 限不超过十二个月；具体内容详见公司在中国证监会指定创业板上市公司信息披露 网站巨潮资讯网披露的《中际旭创股份有限公司关于继续使用自有资金进行现金管 理的公告》（公告编号：2024-034），该事项已经公司 2023 年度股东大会审议通过。 近期 ...

Market Demand and Orders - Strong demand for 800G products in 2025, with robust order growth [3] - No customer order cancellations reported, contrary to market rumors [3] - 800G and 1.6T products expected to ramp up in 2025, with 1.6T starting to scale quarterly [4] Supply Chain and Global Strategy - No evidence of overseas customers reducing reliance on Chinese supply chains [3] - Globalized production strategy with overseas factories matching domestic delivery and yield levels [3] - Tariff concerns addressed through overseas capacity expansion [3] Technology and Product Development - 400G silicon photonics products already in volume production, with 800G silicon photonics expected to ramp up in 2025 [4] - 3.2T products in pre-research phase, with 1.6T expected to scale between 2026-2027 [6] - Continued use of pluggable optical modules for 800G and 1.6T due to stability, reliability, and cost advantages [3] - CPO (Co-Packaged Optics) technology under pre-research and development, with value impact dependent on technical solutions and business models [7] Financial and Market Performance - No extreme price reductions observed in 2025, with cost reduction efforts focused on silicon photonics [8] - Silicon photonics expected to improve cost competitiveness and potentially surpass traditional module usage [9] - Company committed to maintaining investor confidence through strong performance and potential market value protection measures [5] Investor Concerns and Clarifications - Market rumors of 30% order cancellations and supply chain reductions addressed and denied [3] - Concerns about CPO replacing pluggable modules clarified, with both technologies expected to coexist [3] - Delayed delivery of certain cabinets does not impact 800G or 1.6T product schedules [4]

Investment Rating - The report maintains a "Buy" rating for the company, Zhongji Xuchuang (300308.SZ), indicating a positive outlook based on several driving factors in early 2025 [1]. Core Insights - The report highlights multiple catalysts for the company in the first two months of 2025, including strong AI capital expenditure guidance from clients and the successful rollout of 1.6T products, which are expected to continue throughout the year [1]. - The current stock price corresponds to a 14x expected P/E ratio for 2025, which is considered attractive compared to global peers trading at a 30% to 50% premium [1]. - Concerns regarding tariff risks, new technologies (CPO), and competition from active electrical cables (AEC) are noted, but the report suggests that these risks are already factored into the recent stock price correction [6][7]. Summary by Sections Company Overview - Zhongji Xuchuang is the largest optical module supplier in China's data communication market, benefiting from its leading position in the 800G/1.6T optical module market, which is crucial for AI and data center development [8]. Financial Projections - Revenue is projected to grow significantly, with estimates of RMB 24.475 billion for 2024 and RMB 37.430 billion for 2025, reflecting a robust growth trajectory [12]. - The report anticipates a net income of RMB 10.352 billion for 2025, with an EPS of RMB 9.23, indicating strong profitability [12]. Market Position and Competitive Landscape - The company is well-positioned to capitalize on the growing demand for optical modules driven by AI applications, with a strong execution capability in capacity expansion and new product development [8]. - The report emphasizes that the company maintains a competitive edge through its established supply chain and relationships with major cloud service providers [8]. Price Target - The 12-month price target for Zhongji Xuchuang is set at RMB 240, representing an upside potential of 87% from the current price of RMB 128.35 [9].