一、关联交易概述 2024 年 9 月 19 日，公司第五届董事会第五次（临时）会议、第五届监事会 第五次（临时）会议通过《关于接受关联方提供增信措施暨关联交易的议案》， 同意接受黄泽伟先生、彭红女士及其关联方为联合创泰、创泰电子和新联芯新增 证券代码：300475 证券简称：香农芯创 公告编号：2024-103 香农芯创科技股份有限公司 关于接受关联方提供增信措施暨关联交易的公告 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。 2024 年 7 月 16 日，香农芯创科技股份有限公司（以下简称"公司"）召开 第五届董事会第三次（临时）会议及第五届监事会第三次（临时）会议，审议通 过《关于接受关联方提供增信措施暨关联交易的议案》，同意接受关联方黄泽伟 先生、彭红女士及其关联方为公司全资子公司联合创泰科技有限公司（以下简称 "联合创泰"）、全资子公司联合创泰（深圳）电子有限公司（以下简称"创泰 电子"）、全资子公司深圳市新联芯存储科技有限公司（以下简称"新联芯"） 新增提供不超过人民币 60 亿元（或等值外币）的增信措施。保荐机构发表了核 查意见。详见公司于 2 ...

证券代码：300475 证券简称：香农芯创 公告编号：2024-102 香农芯创科技股份有限公司 本议案不涉及关联监事回避表决。 第五届监事会第五次（临时）会议决议公告 审议结果：赞成票 3，反对票 0 票，弃权票 0 票，审议通过。 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。 一、监事会会议召开情况 香农芯创科技股份有限公司（以下简称"公司"） 第五届监事会第五次（临 时）会议通知于 2024 年 9 月 15 日以短信与电子邮件方式送达全体监事。第五届 监事会第五次（临时）会议于 2024 年 9 月 19 日以通讯方式召开。会议由监事会 主席宋建彪先生主持，会议应到监事 3 人，亲自出席监事 3 人。本次会议的出席 人数、召集召开程序、议事内容均符合《公司法》和《公司章程》的要求。 二、监事会会议审议情况 出席本次会议的监事对以下事项以投票表决的方式，进行了审议表决： 1、审议通过《关于接受关联方提供增信措施暨关联交易的议案》。 经审议，监事会认为：本次关联交易有利于满足公司日常经营需要，有利于 补充公司营运资金，符合公司和全体股东的利益，不会对公司 ...

安徽承义律师事务所 关于香农芯创科技股份有限公司 关于 香农芯创科技股份有限公司 召开 2024 年第四次临时股东大会的 法律意见书 安徽承义律师事务所 中国.合肥市政务区怀宁路 200 号栢悦中心 5 楼 邮编: 230022 电话（Tel）: （86-551）65609815 传真（Fax）: （86-551）65608051 网址（Website）: www.chengyi-law.com 电子信箱（E-mail）：chengyilawyer@163.com 安徽承义律师事务所 召开2024年第四次临时股东大会的法律意见书 （2024）承义法字第 00236 号 致：香农芯创科技股份有限公司 根据《中华人民共和国公司法》《中华人民共和国证券法》《上市公司股东大会 规则》等法律法规和其他规范性文件的要求，安徽承义律师事务所接受香农芯创科技 股份有限公司（以下简称"香农芯创"或"公司"）的委托，指派万晓宇、杨军律师（以 下简称"本律师"）就香农芯创召开 2024 年第四次临时股东大会（以下简称"本次股东 大会"）出具法律意见书。 一、本次股东大会召集人资格和召集、召开的程序 经核查，本次股东大会是由香农芯创 ...

证券代码：300475 证券简称：香农芯创 公告编号：2024-099 香农芯创科技股份有限公司 2024 年第四次临时股东大会决议公告 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 特别提示： 1、本次股东大会无否决议案的情形； 2、本次股东大会审议通过了《关于调整预计 2024 年度日常性关联交易的议 案》。经本次股东大会审议通过后，由 2024 年第二次临时股东大会通过的预计 2024 年度日常性关联交易事项提前终止。2024 年第二次临时股东大会决议公告 详见公司于 2024 年 3 月 27 日在《证券时报》、《证券日报》、《中国证券报》、 《上海证券报》和巨潮资讯网（http://www.cninfo.com.cn）披露的《2024 年第 二次临时股东大会决议公告》（公告编号：2024-032）。 一、会议通知 香农芯创科技股份有限公司（以下简称"公司"）董事会于 2024 年 8 月 28 日在《证券时报》、《证券日报》、《中国证券报》、《上海证券报》和巨潮资 讯网（http://www.cninfo.com.cn）上刊登了《关于召开 2024 ...

Investment Rating - The report maintains a "Buy" rating for Shannon Core Creation (300475 SZ) with a target PE valuation of 29/22/20x for 2024/2025/2026 [1] Core Views - Shannon Core Creation's performance aligns with forecasts, with Q2 revenue and non-GAAP net profit hitting record highs [1] - The company is well-positioned in both advanced storage and computing power sectors, making it a rare investment opportunity [1] - Shannon Core Creation is the largest local agent for SK Hynix's cloud service storage in mainland China, with clients covering major cloud providers [1] - The company has entered the storage module business, opening up long-term growth potential [1] Financial Performance - 2024E revenue is projected at 19 483 million yuan, a 73% YoY increase [1] - 2024E net profit is forecasted at 388 million yuan, a 3% YoY growth [1] - 2024E EPS is estimated at 0 85 yuan per share [1] - ROE is expected to remain stable at 14% in 2024 [1] Business Highlights - 24H1 revenue reached 7 81 billion yuan, up 80% YoY [1] - 24Q2 revenue was 5 5 billion yuan, up 99% YoY and 909% QoQ [1] - The company has become an authorized distributor for AMD processors, representing cutting-edge computing power [1] - Shannon Core Creation has completed R&D and trial production of enterprise-level storage modules, with products already certified and adapted for major domestic server platforms [1] Industry Position - The company is mainland China's fifth-largest electronic component distributor [1] - It holds a unique position as the largest local agent for SK Hynix's cloud service storage [1] - Shannon Core Creation is deeply involved in the AI wave, with its internet and server clients being the largest demand side for AI hardware in mainland China [1]

证券研究报告·公司点评报告·电子 香农芯创（300475） 2024 年中报业绩点评：盈利能力显著提升， 布局存算全产业链 2024 年 08 月 28 日 买入（维持） | --- | --- | --- | --- | --- | --- | |------------------------------|--------|---------|--------|--------|--------| | 盈利预测与估值 [Table_EPS] | 2022A | 2023A | 2024E | 2025E | 2026E | | 营业总收入（百万元） | 13772 | 11268 | 15879 | 19224 | 21553 | | 同比（ % ） | 49.61 | (18.19) | 40.93 | 21.07 | 12.11 | | 归母净利润（百万元） | 313.97 | 377.66 | 483.43 | 672.05 | 854.25 | | 同比（ % ） | 40.25 | 20.29 | 28.00 | 39.02 | 27.11 | | EPS- 最新摊薄（元 / 股） | 0.6 ...

证券代码：300475 证券简称：香农芯创 公告编号：2024-098 香农芯创科技股份有限公司 关于股东股份解除质押的公告 信息披露义务人黄泽伟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。 近日，香农芯创科技股份有限公司（以下简称"公司"）接到持股 5%以上股 东、董事、联席董事长黄泽伟先生通知，获悉其将所持有公司的 60,000 股公司 股票（占公司总股本的 0.01%）股份办理了解除质押业务，具体事项如下： 一、股东股份解除质押的基本情况 1、本次股份解除质押基本情况 二、备查文件 | 股东名称 | 是否为控 股股东或 | 本次解除 | 占其所持 | 占公司总 | 质押 | 质押 | 质权人 | | --- | --- | --- | --- | --- | --- | --- | --- | | | 第一大股 | 质押数量 | 股份比例 | 股本比例 | 开始日期 | 解除日期 | | | | 东及其一 | （股） | | | | | | | | 致行动人 | | | | | | | | 黄泽 ...

华安证券股份有限公司 关于香农芯创科技股份有限公司 2024 年半年度跟踪报告 | 保荐机构名称：华安证券股份有限公司 | 被保荐公司简称：香农芯创 | | --- | --- | | 保荐代表人姓名：田之禾 | 联系电话：0551-65161771 | | 保荐代表人姓名：王晨 | 联系电话：0551-65161771 | 一、保荐工作概述 | 项 目 | 工作内容 | | --- | --- | | 1.公司信息披露审阅情况 | | | （1）是否及时审阅公司信息披露文件 | 是 | | （2）未及时审阅公司信息披露文件的次数 | 0 次 | | 2.督导公司建立健全并有效执行规章制度的情 | | | 况 | | | （1）是否督导公司建立健全规章制度（包括但 不限于防止关联方占用公司资源的制度、募集 | | | | 是 | | 资金管理制度、内控制度、内部审计制度、关联 | | | 交易制度） | | | （2）公司是否有效执行相关规章制度 | 是 | | 3.募集资金监督情况 | | | | 不适用，募集资金专户已于 | | （1）查询公司募集资金专户次数 | 年注销 2023 | | （2）公司募集 ...

Financial Performance - The company reported a revenue of RMB 500 million for the first half of 2024, representing a 20% increase compared to the same period in 2023[9]. - The company has set a revenue guidance of RMB 1.2 billion for the full year 2024, indicating a projected growth of 25% year-over-year[9]. - The company's revenue for the reporting period reached ¥7,806,204,744.69, representing an increase of 80.18% compared to the same period last year[14]. - The company reported a net profit margin of 15%, up from 12% in the previous year[140]. - Net profit attributable to shareholders decreased by 11.44% to ¥156,340,708.98, while the net profit excluding non-recurring gains and losses surged by 210.19% to ¥218,983,673.86[14]. - Net profit for the first half of 2024 was CNY 148,451,660.83, down from CNY 176,883,980.62 in the same period of 2023, indicating a decrease of approximately 16.1%[110]. - The total comprehensive income for the first half of 2024 was CNY 159,090,906.26, down from CNY 225,175,727.44 in the same period of 2023, indicating a decline of approximately 29.3%[111]. User Growth and Market Expansion - User data showed a growth in active users by 15%, reaching a total of 1.2 million active users by the end of June 2024[9]. - The company is expanding its market presence in Southeast Asia, targeting a 30% market share in the region by the end of 2025[9]. - The company is expanding its market presence in Asia, targeting a 10% market share increase by the end of 2024[140]. Product Development and Innovation - New product launches in the first half of 2024 included two innovative semiconductor products, which are expected to contribute an additional RMB 100 million in revenue[9]. - The company has successfully completed the R&D and trial production of enterprise-level DDR4, DDR5, and Gen4 eSSD products, which are now in mass production[19]. - New product launches included a cutting-edge semiconductor technology expected to enhance performance by 30%[140]. Research and Development - Research and development expenses increased by 10% to RMB 50 million, focusing on next-generation memory technologies[9]. - Research and development expenses increased by 106.33% to ¥8,567,953.43, driven by an increase in R&D personnel and project investments[26]. - The company plans to invest RMB 200 million in expanding its manufacturing facilities to meet growing demand[9]. - Operating expenses increased by 5% due to higher R&D investments, totaling $200 million for the first half of 2024[140]. Financial Position and Assets - The company's total assets increased by 42.15% to ¥6,461,477,814.13 compared to the end of the previous year[14]. - The company's cash and cash equivalents stood at 507,587,781.22 CNY, accounting for 7.86% of total assets, down from 9.98% at the end of the previous year[30]. - The company's total equity increased to ¥2,786,990,385.85 from ¥2,670,754,758.36, reflecting a growth of approximately 4.3%[105]. - The total liabilities increased to ¥3,674,487,428.28 from ¥1,874,702,802.64, indicating a rise of about 96.0%[105]. Cash Flow and Financing - The net cash flow from operating activities was negative at -¥1,053,694,608.40, a decline of 197.14% compared to the previous year[14]. - The company generated cash inflows from operating activities totaling 6,424,210,340.50 in the first half of 2024, up from 3,931,488,289.65 in the previous year[114]. - The company’s financing cash inflow for the first half of 2024 was 3,079,088,553.08, significantly higher than 1,445,568,512.82 in the previous year[115]. Strategic Acquisitions - The company has initiated a strategic acquisition of a local semiconductor firm, which is expected to enhance its technology capabilities and increase production capacity by 40%[9]. - A strategic acquisition of a smaller tech firm was completed, valued at $100 million, aimed at enhancing R&D capabilities[140]. Risks and Challenges - The company faces potential risks related to supply chain disruptions and market competition, with strategies in place to mitigate these risks[2]. - The company relies heavily on SK Hynix for data storage products, which poses a supplier dependency risk, as SK Hynix and MTK account for over 95% of the DRAM market share[46]. - The company has implemented measures to mitigate inventory management risks, including partnerships with reputable logistics providers and insurance for stored products[48]. Shareholder and Governance - The board has decided not to distribute cash dividends for the fiscal year 2024, opting to reinvest profits into business growth initiatives[2]. - The company has approved a stock incentive plan to grant 18.3 million restricted stocks, accounting for approximately 3.999% of the total share capital as of the plan announcement date[59]. - The company held its first temporary shareholders' meeting in 2024 with a participation rate of 41.00%[56]. Environmental Commitment - The company is actively promoting environmental protection by using energy-saving lighting and advocating for paperless operations[61]. - The company is committed to achieving carbon neutrality through efficiency improvements and reducing unnecessary energy consumption[61]. Compliance and Transparency - The company has maintained compliance with laws and regulations, ensuring timely and accurate information disclosure to enhance transparency and trust with investors[62]. - There were no significant litigation or arbitration matters reported during the period, indicating a stable legal standing[68].

香农芯创科技股份有限公司 信息披露制度 香农芯创香农芯创科技股份有限公司 信息披露制度 第二条 本制度所称信息披露义务人，是指公司及公司董事、监事、高级 管理人员、股东、实际控制人，收购人，重大资产重组、再融资、重大交易有 关各方等自然人、单位及其相关人员，破产管理人及其成员，以及法律、行政 法规和中国证监会规定的其他承担信息披露义务的主体。 公司及相关信息披露义务人应当根据法律、行政法规、部门规章、规范性 文件、深圳证券交易所其他相关规定及本制度，及时、公平地披露所有可能对 公司股票及其衍生品种交易价格或者投资决策产生较大影响的信息或事项（以 下简称重大信息、重大事件或者重大事项），并保证所披露的信息真实、准 确、完整，简明清晰，通俗易懂，不得有虚假记载、误导性陈述或者重大遗 1 香农芯创科技股份有限公司 信息披露制度 漏。 第三条 公司董事、监事和高级管理人员应当保证公司所披露的信息真 实、准确、完整、及时、公平，不能保证披露的信息内容真实、准确、完整 的，应当在公告中作出相应声明并说明理由。 第四条 本制度所称真实，是指公司及相关信息披露义务人披露的信息应 当以客观事实或者具有事实基础的判断和意见为依据 ...