国金证券股份有限公司 关于南京全信传输科技股份有限公司 部分募投项目结项并将节余募集资金永久补充流动资金 的核查意见 国金证券股份有限公司（以下简称"国金证券"或"保荐机构"）作为南京全信 传输科技股份有限公司（以下简称"全信股份"或"公司"）向特定对象发行股票并 在创业板上市的保荐机构，根据《证券发行上市保荐业务管理办法》《深圳证券 交易所上市公司自律监管指引第 13 号——保荐业务》《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》等法律法规和规范性文件的规定，对全信股份部分募投项目结项并将节 余募集资金永久补充流动资金进行了审慎核查，核查意见如下： 一、募集资金基本情况 经中国证券监督管理委员会"证监许可[2021]1473 号"《关于核准南京全信 传输科技股份有限公司向特定对象发行股票的批复》核准，公司向特定对象发行 新股 21,319,120 股，募集资金总额人民币 319,999,991.20 元，扣除承销保荐费人 民币 6,000,000.00 元后，金额为人民 ...

南京全信传输科技股份有限公司 2024 年度财务报表审计报告 天衡审字(2025)00779 号 天衡会计师事务所（特殊普通合伙） 审 计 报 告 天衡审字(2025)00779 号 南京全信传输科技股份有限公司全体股东： 一、审计意见 我们审计了南京全信传输科技股份有限公司（以下简称"全信股份"）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面按照企业会计准则的规定编制，公允反映 了全信股份2024年12月31日的合并及母公司财务状况以及2024年度的合并及母公司经营成 果和现金流量。 二、形成审计意见的基础 我们按照中国注册会计师审计准则的规定执行了审计工作。审计报告的"注册会计师 对财务报表审计的责任"部分进一步阐述了我们在这些准则下的责任。按照中国注册会计 师职业道德守则，我们独立于全信股份，并履行了职业道德方面的其他责任。我们相信， 我们获取的审计证据是充分、适当的，为发表审计意见提供了基础。 三、关键审计事项 关键审计事项是我们根据职 ...

天衡专字(2025)00439 号 天衡会计师事务所（特殊普通合伙） 南京全信传输科技股份有限公司 2024 年度内部控制审计报告 内部控制审计报告 天衡专字(2025)00439 号 南京全信传输科技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，我们审计了南 京全信传输科技股份有限公司 2024 年 12 月 31 日的财务报告内部控制的有效性。 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，并评价其有效性是南京全信传输科技股份有限公司 董事会的责任。 二、注册会计师的责任 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 内部控制具有固有局限性，存在不能防止和发现错报的可能性。此外，由于情况的变化 可能导致内部控制变得不恰当，或对控制政策和程序遵循的程度降低，根据内部控制审计结 果推测未来内部控制的有效性具有一定风险。 四、财务报告内部控制审计意见 我们认为，南京 ...

国金证券股份有限公司 关于南京全信传输科技股份有限公司 2024 年度募集资金存放与使用情况的核查意见 国金证券股份有限公司（以下简称"国金证券"或"保荐机构"）作为南京 全信传输科技股份有限公司（以下简称"全信股份"或"公司"）向特定对象发 行股票的保荐机构，根据《证券发行上市保荐业务管理办法》《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》《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》《深圳证券交易所上市 公司自律监管指引第 13 号——保荐业务》等法律法规和规范性文件的规定，对 全信股份 2024 年度募集资金存放与使用情况进行了审慎核查，核查意见如下： 一、募集资金基本情况 （一）实际募集资金金额、资金到位情况 公司经中国证券监督管理委员会证监许可[2021]1473 号文的核准，并经深圳 证券交易所同意，公司向特定对象发行人民币普通股（A 股）21,319,120 股，每 股发行价格 15.01 元，募集资金总额为人民币 319,999,991.20 元，扣除不含税保 荐承销费用人民币 6,000,000.00 元，公司实际募集资金人民币 313 ...

南京全信传输科技股份有限公司 独立董事 2024 年度述职报告 本人作为南京全信传输科技股份有限公司（以下简称"公司"）的独 立董事，2024年度，本人严格按照《公司法》《证券法》《上市公司独立 董事管理办法》等法律、法规、规范性文件和《公司章程》《独立董事制 度》的相关规定，诚信、忠实、勤勉地履行独立董事职责，按时出席相关 会议，并对重要事项进行调查研究，对各项议案进行认真审议，对公司重 大事项发表了意见，充分发挥了独立董事及各专业委员会委员的作用。在 日常工作中，一方面严格审核公司相关部门提交董事会及专门委员会的相 关议题和事项，维护公司和股东的合法权益，促进公司规范运作；另一方 面发挥自身的财务专业优势，积极关注和参与公司的重要决策事项，为公 司的内部控制、合规、经营管理、战略发展等工作提出了意见和建议。 现就本人2024年度履行独立董事职责情况汇报如下： 一、独立董事的基本情况 许敏，中国国籍，无境外居留权，1964年出生，中共党员，博士研究 生学历，三级教授，硕士生导师，北京大学工商管理博士后。现任南京工 业大学"协同创新与产业发展研究中心"主任，为中国会计学会高等工科 院校分会常务理事、江苏省财政 ...

南京全信传输科技股份有限公司 独立董事 2024 年度述职报告 本人作为南京全信传输科技股份有限公司（以下简称"公司"）的独 立董事，2024年度，本人严格按照《公司法》《证券法》《上市公司独立 董事管理办法》等法律、法规、规范性文件和《公司章程》《独立董事制 度》的相关规定，诚信、忠实、勤勉地履行独立董事职责，按时出席相关 会议，并对重要事项进行调查研究，对各项议案进行认真审议，对公司重 大事项发表了意见，充分发挥了独立董事及各专业委员会委员的作用。在 日常工作中，一方面严格审核公司相关部门提交董事会及专门委员会的相 关议题和事项，维护公司和股东的合法权益，促进公司规范运作；另一方 面发挥自身的管理咨询专业优势，积极关注和参与公司的重要决策事项， 为公司的内部控制、合规、经营管理、战略发展等工作提出了意见和建议。 现就本人2024年度履行独立董事职责情况汇报如下： 一、独立董事的基本情况 何志聪，男，中国国籍，无境外居留权，1979年出生，毕业于浙江大 学管理科学与工程专业，硕士研究生。2005年至今从事公司治理与股权激 励咨询业务，上海市科学技术专家库成员，现任上海弘礼投资管理有限公 司合伙人、尤洛卡精准 ...

南京全信传输科技股份有限公司 独立董事 2024 年度述职报告 本人作为南京全信传输科技股份有限公司（以下简称"公司"）的独 立董事，2024年度，本人严格按照《公司法》《证券法》《上市公司独立 董事管理办法》等法律、法规、规范性文件和《公司章程》《独立董事制 度》的相关规定，诚信、忠实、勤勉地履行独立董事职责，按时出席相关 会议，并对重要事项进行调查研究，对各项议案进行认真审议，对公司重 大事项发表了意见，充分发挥了独立董事及各专业委员会委员的作用。在 日常工作中，一方面严格审核公司相关部门提交董事会及专门委员会的相 关议题和事项，维护公司和股东的合法权益，促进公司规范运作；另一方 面发挥自身的法律专业优势，积极关注和参与公司的重要决策事项，为公 司的内部控制、合规、经营管理、战略发展等工作提出了意见和建议。 现就本人2024年度履行独立董事职责情况汇报如下： 一、独立董事的基本情况 宋亚辉，男，中国国籍，无境外居留权，1984年出生，南京大学法学 院教授、博导，第十届全国杰出青年法学家，教育部青年长江学者（2020）， 任南京大学经济法研究所所长，兼任中国法学会经济法学研究会常务理事， 江苏省法学会经济法 ...

Financial Performance - The company's revenue for Q1 2025 was ¥193,309,029.25, a decrease of 30.32% compared to ¥277,414,914.16 in the same period last year[5] - Net profit attributable to shareholders was ¥14,037,941.89, down 57.16% from ¥32,770,689.04 year-on-year[5] - Basic earnings per share decreased to ¥0.0454, down 56.76% from ¥0.1050 in the same quarter last year[5] - Total operating revenue for the current period is ¥193,309,029.25, a decrease of 30.4% compared to ¥277,414,914.16 in the previous period[21] - Net profit for the current period is ¥14,037,941.89, a decline of 57.2% from ¥32,770,689.04 in the previous period[22] - Basic and diluted earnings per share for the current period are both ¥0.0454, compared to ¥0.1050 in the previous period[23] Cash Flow and Liquidity - The net cash flow from operating activities improved significantly to ¥61,604,252.01, compared to a negative cash flow of -¥58,873,936.19 in the previous year, marking a 204.64% increase[5] - Operating cash inflow for the current period reached $245,151,653.51, a significant increase from $177,161,659.75 in the previous period, representing a growth of approximately 38.4%[25] - Net cash flow from operating activities was $61,604,252.01, a turnaround from a negative cash flow of -$58,873,936.19 in the previous period[25] - Cash outflow for purchasing goods and services decreased to $90,886,307.22 from $150,645,493.44, indicating a reduction of about 39.7%[25] - The ending cash and cash equivalents balance increased to $192,696,012.07 from $187,618,333.94, reflecting a net increase of $57,262,528.23[26] - The company reported a cash inflow from other operating activities of $3,180,841.12, up from $1,093,991.79, marking a growth of approximately 189.5%[25] - Total cash outflow for employee payments was $64,585,759.72, slightly down from $69,149,370.05, indicating a decrease of about 6.5%[25] Assets and Liabilities - Total assets at the end of Q1 2025 were ¥2,523,517,276.42, a slight increase of 0.25% from ¥2,517,226,692.52 at the end of the previous year[5] - Total current assets increased to ¥1,998,941,769.72 from ¥1,985,177,877.59, reflecting a growth of 0.9%[18] - Total non-current assets decreased to ¥524,575,506.70 from ¥532,048,814.93, a decline of 1.0%[19] - Total liabilities decreased to ¥526,348,557.70 from ¥534,095,915.69, a reduction of 1.5%[20] - Total equity attributable to shareholders increased to ¥1,997,168,718.72 from ¥1,983,130,776.83, an increase of 0.7%[20] Shareholder Information - The total number of common shareholders at the end of the reporting period is 19,952[11] - The largest shareholder, Chen Xianglou, holds 47.32% of the shares, totaling 147,788,400 shares[11] - The total number of restricted shares at the end of the period is 111,023,460, with 110,841,300 shares held by Chen Xianglou[13] - The company has a repurchase account holding 3,207,700 shares, representing 1.03% of the total share capital[12] - The company has not reported any changes in the participation of major shareholders in margin trading or securities lending[12] - The company has not disclosed any other related party relationships among shareholders beyond those mentioned[11] Corporate Developments - The company plans to increase its subsidiary Nanjing Quanxin Rail Transit Equipment Technology Co., Ltd.'s registered capital from 35 million to 197.15 million RMB through a debt-to-equity swap, amounting to 162.15 million RMB[14] - A new wholly-owned subsidiary, Nanjing Xintuo Technology Co., Ltd., has been established with a registered capital of 30 million RMB to expand the civil products business[15] - The company aims to enhance the professional level of its civil products business and expand its business scale through the establishment of the new subsidiary[15] - The company completed the election of a new board of directors and supervisory board on February 12, 2025[16] Tax and Government Subsidies - The company received government subsidies amounting to ¥242,192.44, contributing to its non-operating income[7] - The company reported a 63.02% increase in tax and additional fees, totaling ¥2,950,360.34, primarily due to increased VAT obligations[9] Cost Management - Total operating costs for the current period are ¥170,925,907.73, down 24.0% from ¥224,987,126.70 in the previous period[21] - The company continues to focus on cost management and efficiency improvements in response to declining revenues[21] Audit Status - The first quarter report was not audited, indicating that the financial figures are preliminary and subject to change[27]

Financial Performance - The company's operating revenue for 2024 was ¥910,423,711, a decrease of 12.16% compared to ¥1,036,509,218 in 2023[24]. - Net profit attributable to shareholders for 2024 was ¥17,798,024, reflecting a significant decline of 86.67% from ¥133,517,137 in 2023[24]. - The net cash flow from operating activities was negative at -¥4,843,237.92, a drop of 103.57% compared to ¥135,506,340.16 in 2023[24]. - Basic earnings per share decreased to ¥0.0572, down 86.66% from ¥0.4289 in the previous year[24]. - Total assets at the end of 2024 were ¥2,517,226,692.52, a reduction of 9.56% from ¥2,783,380,864.23 at the end of 2023[24]. - The company reported a total of ¥2,876,258.08 in non-recurring gains for 2024, down from ¥7,595,584.91 in 2023[30]. - The net profit excluding non-recurring gains and losses was 14.92 million yuan, a decline of 88.15% compared to the previous year[42]. - The company achieved operating revenue of 910.42 million yuan, a decrease of 12.16% compared to the same period last year[42]. - The cost of goods sold for the company was CNY 619.21 million, a slight decrease of 0.96% year-on-year, attributed to effective cost and expense control[53]. - The net profit attributable to shareholders, excluding non-recurring gains and losses, was CNY 14.92 million, down 88.15% year-on-year, mainly due to decreased sales in optoelectronic systems and FC products, along with increased asset impairment provisions[53]. Market and Product Development - The company maintained growth in R&D expenses to strengthen innovation and technology reserves, despite increased fixed costs from prior capacity expansions[4]. - Civilian product business showed significant growth during the reporting period, but its small scale did not provide substantial support to overall performance[4]. - The company aims to adapt to technological advancements and customer demands, focusing on new model positioning and expanding market share[7]. - The company is focusing on the development of high-performance transmission cables and components, aligning with national standards and promoting domestic production[35]. - The company is focusing on the development of 10G/25G intelligent Ethernet cards and TSN network products, which have received recognition from both military and civilian customers[39]. - The company has developed 8 series of connector products, including self-locking single-core and integrated multi-channel RF connectors, which have passed provincial and ministerial-level identification[36]. - The company has made significant progress in the civilian market, particularly in high-performance transmission cables and components, despite a decline in sales of optical systems and FC products[42]. - The company is positioned in the military electronics industry, which is expected to benefit from a stable increase in national defense spending, projected to reach ¥178.47 billion in 2025, a 7.2% increase from 2024[34]. - The market for domestic satellite applications and low-altitude vehicles is expanding, providing growth opportunities for the company's cable and network products[35]. Strategic Initiatives and Risks - The company plans to enhance market expansion efforts, improve product competitiveness, and increase R&D investment to ensure stable operations[7]. - Risks include intensified market competition and potential further declines in gross profit margins due to pricing pressures and structural changes in product sales[8][9]. - The company emphasizes the importance of recognizing investment risks associated with forward-looking statements in the report[7]. - The overall performance was significantly impacted by external and internal environmental changes, leading to a substantial decline in results[4]. - The company has established a risk warning mechanism to enhance risk identification capabilities and prevent systemic risks by breaking down annual targets and operational indicators[101]. - The company faces risks from intensified market competition and technological upgrades, particularly in traditional communication and military electronics sectors, which could lead to shortened product lifecycles and market share loss[102]. Research and Development - The company has filed 47 patents in 2024, including 40 invention patents, and has participated in the formulation of over 20 national and military standards, indicating strong R&D capabilities[49]. - The company is committed to continuous R&D and has developed domestically produced embedded computing platforms and comprehensive testing instruments with competitive advantages[38]. - The company is currently developing several innovative products, including high-frequency low-loss stable phase cables and aerospace Ethernet cables[66]. - The company has completed several key R&D projects, including the development of TSN network cards and video node technology, enhancing its market competitiveness[68]. Corporate Governance and Management - The company has conducted two shareholder meetings in 2024, ensuring fair treatment of all shareholders and transparent decision-making processes[112]. - The board of directors held a total of 7 meetings in 2024, ensuring efficient operations and prudent decision-making[113]. - The supervisory board convened 5 meetings in 2024, effectively overseeing the compliance of directors and senior management[113]. - The company maintains independence from its controlling shareholders in terms of assets, personnel, and operations[115]. - The company has a clear governance structure that complies with legal and regulatory requirements[115]. - The company’s independent directors actively participated in board meetings and provided opinions on significant matters[114]. - The company is undergoing a leadership change with the appointment of a new chairman and president, effective February 12, 2025[120]. - The company has seen a significant management turnover, with multiple board members and executives being appointed or dismissed during the recent restructuring[120]. Financial Management and Shareholder Returns - A cash dividend of 0.50 RMB per 10 shares (including tax) is proposed for shareholders, with no stock bonus or capital reserve conversion[11]. - The company’s retained earnings for distribution amount to RMB 752,077,455.23, with cash dividends constituting 100% of the profit distribution total[144]. - The profit distribution policy includes a preference for cash dividends when conditions allow, with a minimum of 10% of distributable profits allocated to cash dividends annually[166]. - The company commits to distributing no less than 30% of the average annual distributable profits over the last three years through cash dividends[166]. - The company will prioritize cash dividends in profit distribution, especially when the company has positive net profits and no major investment plans[166]. Environmental and Social Responsibility - The company has implemented a comprehensive environmental management system, adhering strictly to national and local environmental protection regulations[159]. - The company emphasizes social responsibility, focusing on energy conservation and emission reduction during its operations[160]. - Employee rights are protected through compliance with labor laws, with a focus on career development and safety[160]. - The company has not engaged in poverty alleviation or rural revitalization efforts during the reporting period[163]. Operational Efficiency and Cost Management - The company has implemented a lean production strategy and enhanced operational management, resulting in improved operational control capabilities[51]. - The company is implementing measures to control operational costs, including optimizing production processes and enhancing supply chain management to reduce production costs[106]. - The company has established a value chain management system to optimize its salary structure and align it with operational performance[139]. - The company has improved its supply chain management and strategic material reserves, enhancing its industry position and brand influence in the military sector[45].

关于南京全信传输科技股份有限公司 2024 年度 根据《上市公司监管指引第 8 号——上市公司资金往来、对外担保的监管要求》（中国证 券监督管理委员会公告[2022]26 号），以及深圳证券交易所相关披露的要求，贵公司编制了后 附的《上市公司 2024 年度非经营性资金占用及其他关联资金往来情况汇总表》（以下简称"汇 总表"）。如实编制和对外披露上述汇总表，并确保其真实性、合法性及完整性是贵公司的责 任，我们的责任是对上述汇总表进行审核，并出具专项说明。 非经营性资金占用及其他关联资金往来情况的 专项说明 天衡专字(2025)00440 号 天衡会计师事务所（特殊普通合伙） 关于南京全信传输科技股份有限公司 2024 年度 非经营性资金占用及其他关联资金往来情况的专项说明 天衡专字(2025)00440 号 南京全信传输科技股份有限公司全体股东： 我们接受委托，审计了南京全信传输科技股份有限公司（以下简称"贵公司"）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，并出具了天衡审字(2025 ...