上海市锦天城律师事务所 关于上海移为通信技术股份有限公司 2024 年度股东大会的 法律意见书 地址：上海市浦东新区银城中路 501 号上海中心大厦 9/11/12 层 电话：021-20511000 传真：021-20511999 邮编：200120 上海市锦天城律师事务所 法律意见书 上海市锦天城律师事务所 关于上海移为通信技术股份有限公司 2024 年度股东大会的 法律意见书 致：上海移为通信技术股份有限公司 上海市锦天城律师事务所（以下简称"本所"）接受上海移为通信技术股份有 限公司（以下简称"公司"）委托，就公司召开 2024 年度股东大会（以下简称"本 次股东大会"）的有关事宜，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》"）、《上市公司股东会规 则》（以下简称"《股东会规则》"）等法律、法规和规范性文件以及《上海移为通 信技术股份有限公司章程》（以下简称"《公司章程》"）的有关规定，出具本法律 意见书。 为出具本法律意见书，本所及经办律师依据《律师事务所从事证券法律业务 管理办法》和《律师事务所证券法律业务执业规则》等规定，严格履行了法 ...

证券代码：300590 证券简称：移为通信 公告编号：2025-031 上海移为通信技术股份有限公司 2024年度股东大会决议公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记 载、误导性陈述或重大遗漏。 特别提示： 1、 本次股东大会未出现否决议案的情形。 2、本次股东大会未涉及变更以往股东大会已通过的决议。 一、 会议召开情况： 1、 召开时间：2025 年 5 月 15 日（星期四）14：30 2、 召开地点：上海市闵行区新龙路 500 弄 30 号 3、 召集人：公司董事会 4、 主持人：董事长、总经理廖荣华先生 5、 会议方式：本次股东大会采用现场投票、网络投票相结合的方式召开 6、 网络投票时间：2025 年 5 月 15 日。其中，通过深圳证券交易所交易系统进行 网络投票的具体时间为 2025 年 5 月 15 日的交易时间，即 9：15-9：25，9：30-11:30 和 13:00-15:00；通过深圳证券交易所互联网投票系统投票的具体时间为 2025 年 5 月 15 日 9：15-15：00 期间的任意时间。 7、 本次会议的召开符合《中华人民共和国公司法》（以下 ...

证券代码：300590 证券简称：移为通信 公告编号：2025-029 上海移为通信技术股份有限公司 关于变更董事会秘书的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 张杰先生原定任期至公司第四届董事会任期届满之日。截至本公告披露日，张 杰先生持有公司 106,958 股股票，张杰先生不存在应当履行而未履行的承诺事项。 张杰先生的工作已顺利交接，其辞职不会影响公司董事会和公司的正常运行。 公司董事会对张杰先生在服务期间的工作表示感谢。 二、聘任董事会秘书情况 经公司董事长廖荣华先生提名，董事会提名委员会资格审查通过，公司于 2025 年 5 月 7 日召开第四届董事会第十二次会议审议通过了《关于聘任公司董事会秘书 的议案》，同意聘任贺亮女士（简历见附件）为公司董事会秘书，任期自本次董事 会审议通过之日起至第四届董事会届满之日止。贺亮女士已参加深圳证券交易所培 训并取得上市公司董事会秘书培训证明，任职资格符合《中华人民共和国公司法》 《公司章程》等规定，不存在不得担任董事会秘书的情形。 董事会秘书联系方式如下： 联系电话：021-54450318 传真： ...

证券代码：300590 证券简称：移为通信 公告编号：2025-030 上海移为通信技术股份有限公司 关于理财产品到期赎回及继续使用闲置募集资金和自有资金进行现金管理 的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记 载、误导性陈述或重大遗漏。 上海移为通信技术股份有限公司（以下简称"移为通信"或"公司"）于 2024 年 4 月 18 日召开的第四届董事会第四次会议、第四届监事会第三次会议以 及 2024 年 5 月 15 日召开的 2023 年度股东大会审议通过了《关于使用部分闲置 募集资金和自有资金进行现金管理额度的议案》，同意公司及全资子公司在确保 不影响募集资金投资项目建设、不影响正常经营及确保资金安全的情况下，在审 批有效期内任一时点交易金额不超过人民币 101,000 万元的资金进行现金管理， 其中，闲置募集资金在任一时点交易不超过人民币 21,000 万元，自有资金在任 一时点交易不超过人民币 80,000 万元。授权期限为自公司 2023 年度股东大会审 议通过之日起至 2024 年度股东大会召开之日止，在上述期限内，额度可循环滚 动使用。如单笔交易的存续期超过了 ...

证券代码：300590 证券简称：移为通信 公告编号：2025-028 三、备查文件 一、董事会会议召开情况 上海移为通信技术股份有限公司（以下简称"公司"）第四届董事会第十二次会 议于 2025 年 5 月 7 日（星期三）在上海市闵行区新龙路 500 弄 30 号 6 楼会议室以现 场结合通讯的方式召开。本次会议由董事长提议召开，全体董事一致同意豁免本次董 事会会议的提前通知期限，与会的各位董事已知悉与所议事项相关的必要信息。 本次会议由董事长廖荣华先生主持，本次会议应参会董事 5 人，实际参会董事 5 人（包含 2 名独立董事）。公司全体监事、高级管理人员列席了本次会议。会议的召 开符合《中华人民共和国公司法》、《公司章程》和《董事会议事规则》的有关规定。 经各位董事认真审议，会议形成了如下决议： 二、董事会会议审议情况 1、 审议通过《关于聘任公司董事会秘书的议案》 公司董事会认为贺亮女士的任职资格符合相关法律法规和《公司章程》的规定， 同意聘任贺亮女士为公司董事会秘书，任期自本次董事会审议通过之日起至第四届董 事会届满之日止。 表决结果：5 票同意，0 票反对，0 票弃权。 上海移为通信技术股份有限 ...

Investment Rating - The report maintains an "Accumulate" rating for the company [5][8]. Core Views - The company experienced short-term pressure on Q1 performance due to production and supply chain adjustments while expanding overseas capacity, leading to a 26.12% year-on-year revenue decline in Q1 2025. However, the long-term outlook remains positive, particularly in the AI era [1][4]. - The company’s revenue for 2024 was 966.88 million RMB, a decrease of 4.81% year-on-year, while the net profit attributable to the parent company was 158.61 million RMB, an increase of 8.08% year-on-year [1][7]. - The company is focusing on new business areas, such as animal traceability products and video vehicle networking products, which showed strong growth in Q1 2025 [4]. Revenue and Profitability - The company’s comprehensive gross margin for 2024 was 41.95%, an increase of 1.55 percentage points year-on-year, attributed to product structure optimization [3]. - The revenue from the vehicle-mounted information intelligent terminal business in 2024 was 542 million RMB, a year-on-year increase of 12.12% [2]. - The forecast for net profit attributable to the parent company for 2025-2027 is adjusted to 181.49 million RMB, 201.12 million RMB, and 219.45 million RMB, respectively [5][13]. Future Outlook - The company is expected to benefit from the new national standards for two-wheeled vehicles, which will require the installation of positioning and communication modules, potentially driving growth in this segment [2]. - The company has established a dedicated business line for industrial routers, marking it as a strategic focus for future market expansion [4]. - The target price for the company is set at 13.02 RMB, based on a price-to-earnings ratio of 33x for 2025 [5][9].

Financial Performance - In 2024, the company achieved operating revenue of 967 million yuan, a year-on-year decrease of 4.81%, while net profit reached 159 million yuan, an increase of 8.08% [1] - The comprehensive gross profit margin for 2024 was 41.95%, up by 1.55% year-on-year [1] - The profit distribution plan for 2024 includes a cash dividend of 2.20 yuan per 10 shares (tax included), totaling over 100 million yuan, which accounts for more than 63% of the company's net profit for the year [1] International Business Growth - The company's overseas revenue in 2024 was approximately 934.16 million yuan, reflecting a year-on-year growth of 3.35% [2] - Revenue growth in various regions included Asia at 68.88%, Oceania at 27.56%, South America at 12.17%, and North America at 2.79% [2] - The company maintains a competitive advantage in international markets due to its strong market foundation and mature operational model [2] Emerging Business Opportunities - The company's emerging businesses showed significant growth, with cold chain products generating revenue of 136.99 million yuan, up 14.97% year-on-year [3] - Revenue from video vehicle networking reached 39.74 million yuan, a remarkable increase of 743.96% [3] - The company is leveraging new technologies such as artificial intelligence to drive a new wave of technological revolution and industrial transformation [3] Regulatory Impact and Market Strategy - The introduction of new national standards for electric two-wheelers is expected to create development opportunities for the company, despite initial market expansion challenges [4] - The company has developed multiple products for the electric two-wheeler market, which can be utilized in e-bikes, electric scooters, and electric motorcycles [4] - In Q1 2025, the company experienced a revenue decline of 26.12% and a net profit decline of 72.38%, prompting strategic adjustments in market diversification and supply chain management [4]

Core Viewpoint - The company reported a decline in revenue and net profit for the first quarter of 2025, primarily due to ongoing trade tensions and increased operational costs, while also highlighting growth in specific product lines within the IoT sector [9][10]. Company Overview - The company is a leading provider of wireless IoT devices and solutions, focusing on the development and sales of IoT terminal devices [4]. - Its products integrate advanced technologies such as satellite positioning, smart sensors, and AI processing, aimed at providing efficient information management and control for devices and vehicles [4]. Financial Performance - In Q1 2025, the company achieved revenue of 156.81 million yuan, a year-on-year decline of 26.12%, and a net profit attributable to shareholders of 9.79 million yuan, down 72.38% compared to the previous year [10]. - The increase in expenses, including sales, management, R&D, and financial costs, amounted to 8.45 million yuan compared to the same period last year, with R&D expenses accounting for 19.64% of total revenue [10]. Product Development - The company reported strong growth in emerging product lines, with revenue from animal traceability products increasing by 33.58% to 11.20 million yuan, and revenue from video vehicle networking products soaring by 561.01% to 10.60 million yuan [10]. - The establishment of a dedicated business line for industrial routers is part of the company's strategic focus to expand in this market [10]. Market Outlook - The company aims to leverage market research and optimize marketing strategies to explore new market opportunities, driven by the growing demand in the IoT industry [10].

Financial Performance - The company reported a basic earnings per share of 0.3500 yuan for 2024, an increase of 9.37% compared to 0.3200 yuan in 2023 [1] - The net profit for 2024 was 1.59 billion yuan, reflecting an 8.16% increase from 1.47 billion yuan in 2023 [1] - The total operating revenue decreased by 4.82% to 9.67 billion yuan in 2024, down from 10.16 billion yuan in 2023 [1] - The return on equity (ROE) improved to 8.80% in 2024 from 8.48% in 2023 [1] Shareholder Structure - The top ten unrestricted shareholders collectively hold 13,069.02 million shares, accounting for 36.89% of the circulating shares, a decrease of 585.94 million shares from the previous period [1] - The largest shareholder, Precision International Limited, holds 4,772.08 million shares, representing 13.47% of the total share capital, with a decrease of 118.14 million shares [2] - New entrants among the top shareholders include Shanghai Yihui Communication Technology Co., Ltd. with 273.53 million shares and Zhang Zhenqing with 107.08 million shares [2] Dividend Distribution - The company announced a dividend distribution plan of 2.2 yuan per share (including tax) [3]

证券代码：300590 证券简称：移为通信 公告编号：2025-026 上海移为通信技术股份有限公司 关于2024年度计提信用减值及资产减值准备的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记 载、误导性陈述或重大遗漏。 上海移为通信技术股份有限公司（以下简称"公司"）根据《企业会计准则》 《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》 等相关规定，公司及合并范围内子公司计提了信用减值损失及资产减值损失准备， 具体情况如下： 一、本次计提信用减值及资产减值准备情况的概述 公司及合并范围内子公司 2024 年末应收账款、其他应收款、存货计提了减 值准备，信用减值及资产减值损失明细如下表：（损失以"－"号填列） | 项目 | 本期发生额（单位：元） | | --- | --- | | 一、信用减值损失 | -533,366.17 | | 其中：应收账款坏账损失 | -470,491.24 | | 其他应收款坏账损失 | -62,874.93 | | 二、资产减值损失 | -17,674,752.53 | | 其中：存货跌价损失 | -17,674,752.5 ...