Core Viewpoint - The company Shenyu Co., Ltd. (300563.SZ) clarified that its products are primarily used for receiving and transmitting radio frequency signals and do not involve superconducting-related products [1] Group 1 - Shenyu Co., Ltd. confirmed its product focus on radio frequency signal technology [1] - The company does not engage in the production of superconducting-related products [1]

Group 1 - The company, Shenyu Co., Ltd. (300563.SZ), confirmed that it does not have direct business dealings with Nvidia [1] - An investor inquired about the company's business proportion related to Nvidia, indicating interest in potential collaborations or revenue impacts [1] - The response from the company suggests that there is no current partnership or revenue stream linked to Nvidia [1]

Core Viewpoint - The company clarified that its products are primarily used for receiving and transmitting radio frequency signals and do not involve superconducting materials [1][2]. Group 1 - The company responded to an investor inquiry regarding whether its products are classified as superconducting materials [2]. - The company's product focus is on radio frequency signal applications, indicating a specific market niche [1].

Core Viewpoint - The company has provided a detailed response to the Shenzhen Stock Exchange regarding its application for issuing convertible bonds, covering aspects such as performance fluctuations, business operations, and fundraising projects, which is significant for investors to understand the company's operational status and future development plans [1] Performance Fluctuations and Gross Margin Changes - The company's operating revenue for the reporting period was 768.36 million, 755.01 million, 877.10 million, and 174.41 million (for January to March 2025), with net profit attributable to shareholders (excluding non-recurring gains and losses) of 38.27 million, 45.06 million, 38.12 million, and 12.99 million (for January to March 2025) [2] - The gross margin of the main business shows an upward trend, recorded at 14.55%, 16.87%, 16.76%, and 19.52% [2] - Performance fluctuations are influenced by factors such as changes in downstream market demand, business structure adjustments, stock incentive costs, and sales promotion efforts [2] - The company has increased its focus on data communication and automotive communication sectors, leading to revenue growth in related products, while the consumer electronics market is expected to recover from 2024 to 2025, boosting coaxial cable sales [2] - Compared to peers, the company has differences in operating revenue product structure, with coaxial cable sales trends aligning with some competitors, and gross margins fluctuating within a reasonable range [2] Business Development Status - The gold wire drawing business aims to meet the needs of the chip industry and operates independently from the coaxial cable business, with revenue initially rising and then declining, leading to a reduction in business scale in the first half of 2025 [3] - The plastic business serves as a raw material for coaxial cables, with a small scale and revenue affected by demand and price fluctuations [3] - The electrolytic copper business was initiated in 2023 to gain insights into copper price fluctuations, aiding production decisions, and operates independently from the coaxial cable business [3] Fundraising Project Planning - The company plans to raise no more than 500 million for the construction of a data cable project, specifically the first phase of an annual production capacity of 400,000 kilometers of high-speed data cables [4] - The fundraising project will upgrade products such as automotive data cables and computing power data cables, significantly enhancing performance metrics [4] - Upon completion, the project will achieve an annual production capacity of 272,500 kilometers for smart field data cables, with a post-tax internal rate of return of 12.58% and a payback period of 8.44 years [4] - The company has a high existing capacity utilization rate, and the fundraising project is expected to alleviate capacity bottlenecks and meet market demand [4] - Strong market demand growth in automotive communication and data communication sectors, along with established partnerships with well-known manufacturers, indicates a low risk of capacity digestion for the fundraising project [4]

Company Overview - Shenyu Communication Technology Co., Ltd. is located at No. 22 Changshan Avenue, Jiangyin City, Jiangsu Province, established on August 6, 2003, and listed on November 14, 2016 [1] - The company's main business involves the research, production, and sales of RF coaxial cables, with revenue composition as follows: RF coaxial cables 67.25%, gold wire drawing (gold evaporation particles) 25.86%, modified plastics and others 6.88% [1] Financial Performance - As of June 30, 2025, Shenyu achieved operating revenue of 396 million yuan, a year-on-year increase of 0.46%, while net profit attributable to shareholders decreased by 41.54% to 33.44 million yuan [2] - The company has distributed a total of 178 million yuan in dividends since its A-share listing, with 98.63 million yuan distributed over the past three years [3] Stock Performance - On September 9, the stock price of Shenyu fell by 2.01% to 39.49 yuan per share, with a trading volume of 108 million yuan and a turnover rate of 2.17%, resulting in a total market capitalization of 7.086 billion yuan [1] - Year-to-date, the stock price has decreased by 28.15%, with a decline of 4.57% over the last five trading days and a slight increase of 6.18% over the last 60 days [1] Shareholder Information - As of June 30, 2025, the number of shareholders increased by 9.73% to 44,100, with an average of 2,814 circulating shares per person, a decrease of 8.71% [2] - Among the top ten circulating shareholders, the Golden Stock ETF (517520) is the third-largest shareholder with 676,400 shares, marking a new entry, while Hong Kong Central Clearing Limited has exited the top ten [3] Industry Context - Shenyu belongs to the communication equipment sector, specifically in the communication cables and accessories sub-industry, and is associated with concepts such as drones, aerospace military, Beidou navigation, commercial aerospace, and specialized new [1]

关于神宇通信科技股份公司 向不特定对象发行可转换公司债券并在 创业板上市之 发行保荐书 保荐人（主承销商） （深圳市前海深港合作区南山街道桂湾五路128号前海深港基金小镇B7栋401） 发行可转换公司债券并在创业板上市之 发行保荐书 神宇通信科技股份公司（以下简称"发行人"、"神宇股份"）申请向不特定 对象发行可转换公司债券并在创业板上市，依据《公司法》《证券法》《上市公司 证券发行注册管理办法》（以下简称《再融资注册办法》）等相关的法律、法规的 有关规定，提交发行申请文件。华泰联合证券有限责任公司(以下简称"华泰联 合证券"、"保荐人")作为其本次发行的保荐人，吕复星和李骏作为具体负责推 荐的保荐代表人，特为其出具本发行保荐书。 保荐人华泰联合证券、保荐代表人吕复星和李骏承诺：本保荐人和保荐代表 人根据《公司法》《证券法》等有关法律、法规和中国证监会、深圳证券交易所 的有关规定，诚实守信、勤勉尽责，严格按照依法制定的业务规则、行业执业规 范和道德准则出具本发行保荐书，并保证所出具文件的真实性、准确性和完整性。 3-1-1 发行保荐书 华泰联合证券有限责任公司 关于神宇通信科技股份公司向不特定对象 | 目录 ...

神宇通信科技股份公司 与 华泰联合证券有限责任公司 关于神宇通信科技股份公司 申请向不特定对象发行可转换公司债券 的审核问询函之回复 保荐机构（主承销商） （深圳市前海深港合作区南山街道桂湾五路128号前海深港基金小镇B7栋401） 公告日期：2025 年 9 月 深圳证券交易所： 按照贵所下发的《关于神宇通信科技股份公司申请向不特定对象发行可转换 公司债券的审核问询函》（审核函〔2025〕020032 号）（以下简称"审核问询函"） 的要求，神宇通信科技股份公司（以下简称"公司"、"上市公司"或"神宇股 份"）及相关中介机构就审核问询函所提问题进行了认真讨论分析，并按照要求 在《神宇通信科技股份公司向不特定对象发行可转换公司债券并在创业板上市募 集说明书（申报稿）》（以下简称"募集说明书"）中进行了补充披露，现将相关 回复说明如下。 本审核问询函回复（以下简称"本回复"）中的报告期指 2022 年、2023 年、 2024 年及 2025 年 1-6 月；除此之外，如无特别说明，本回复所述的词语或简称 与募集说明书中"释义"所定义的词语或简称具有相关的含义。在本回复中，若 合计数与各分项数值相加之和在尾数上 ...

电话：021-58358013 | 传真：021-58358012 网址：http://www.gffirm.com | 电子信箱：gf@gffirm.com 办公地址：上海市浦东新区南泉北路 429 号泰康保险大厦 26 楼 | 邮政编码：200120 上海市广发律师事务所 上海市广发律师事务所 关于神宇通信科技股份公司 向不特定对象发行可转换公司债券的 补充法律意见（二） 关于神宇通信科技股份公司 向不特定对象发行可转换公司债券的补充法律意见（二） 致：神宇通信科技股份公司 上海市广发律师事务所（以下简称"本所"）接受神宇通信科技股份公司的 委托，作为其申请向不特定对象发行可转换公司债券工作的专项法律顾问，已于 2025 年 6 月 22 日出具了《上海市广发律师事务所关于神宇通信科技股份公司向 不特定对象发行可转换公司债券的律师工作报告》（以下简称"《律师工作报告》"） 及《上海市广发律师事务所关于神宇通信科技股份公司向不特定对象发行可转换 公司债券的法律意见》（以下简称"《法律意见》"），于 2025 年 8 月出具了 《上海市广发律师事务所关于神宇通信科技股份公司向不特定对象发行可转换 公司债券的补 ...

关 于 神 宇 通 信 科 技 股 份 公 司 申 请 向 不 特 定 对 象 发 行 可 转 换 公 司 债 券 的 审 核 问 询 函 的 回 复 （ 豁 免 版 ） 天 职 业 字 [2025]38003 号 目 录 审核问询函的回复 1 关于神宇通信科技股份公司 申请向不特定对象发行可转换公司债券的审核问询函的回复 天职业字[2025]38003 号 截至 2025 年 3 月末，公司交易性金融资产金额为 66.26 万元，其他应收款金额为 186.78 万元，其他流动资产账面价值 263.64 万元，长期股权投资金额为 2836.04 万元。 深圳证券交易所： 按照贵所下发的《关于神宇通信科技股份公司申请向不特定对象发行可转换公司债券 的审核问询函》（审核函〔2025〕020032 号）（以下简称"审核问询函"）的要求，天职 国际会计师事务所（特殊普通合伙）（以下简称"我们"或"申报会计师"）作为神宇通 信科技股份公司（以下简称"公司"或"发行人"或"神宇股份"）的申报会计师，就审 核问询函中涉及申报会计师的所提问题进行了认真讨论分析，并按照要求在《神宇通信科 技股份公司向不特定对象发行可转换公司债 ...

上市保荐书 华泰联合证券有限责任公司关于 神宇通信科技股份公司向不特定对象发行可转换公司债券 并创业板上市之上市保荐书 深圳证券交易所： 作为神宇通信科技股份公司（以下简称"发行人"、"公司"）向不特定对象 发行可转换公司债券并在创业板上市的保荐人，华泰联合证券有限责任公司及其 保荐代表人已根据《中华人民共和国公司法》（以下简称《公司法》）、《中华人民 共和国证券法》（以下简称《证券法》）等法律法规和中国证券监督管理委员会（以 下简称中国证监会）及贵所的有关规定，诚实守信，勤勉尽责，严格按照依法制 定的业务规则和行业自律规范出具上市保荐书，并保证所出具文件真实、准确、 完整。 现将有关情况报告如下： 一、发行人基本情况 （一）发行人概况 发行人名称：神宇通信科技股份公司 注册地址：江苏省无锡市江阴市长山大道 22 号 注册时间：2003 年 8 月 6 日 联系方式：0510-86279909 （二）发行人的主营业务 公司是专业从事同轴电缆的研发、生产和销售的高新技术企业，致力于打造 成国内一流、国际知名的同轴电缆行业的领先企业。自创立以来，公司始终专注 于同轴电缆制造本业，高度重视经营质量，紧跟行业发展的步 ...