关于晶瑞电子材料股份有限公司 申请向特定对象发行股票的 第二轮审核问询函的回复报告 （修订稿） 保荐机构（主承销商） 二零二三年八月 晶瑞电子材料股份有限公司 审核问询函回复报告 关于晶瑞电子材料股份有限公司 申请向特定对象发行股票的 第二轮审核问询函的回复报告 深圳证券交易所： 贵所 2023 年 7 月 3 日下发的《关于晶瑞电子材料股份有限公司申请向特定 对象发行股票的第二轮审核问询函》（审核函〔2023〕020105号，以下简称"审 核函"）已收悉。晶瑞电子材料股份有限公司（以下简称"公司"、"发行人"或 "晶瑞电材"）会同国信证券股份有限公司（以下简称"国信证券"、"保荐机构" 或"保荐人"）、北京市万商天勤律师事务所（以下简称"发行人律师"）等中介 机构对审核函进行了逐项落实并深入核查。 现就本次审核函落实回复提交贵所，请予审核。以下回复中所用简称或名 称，如无特别说明，与募集说明书中的释义相同。本审核函回复中字体格式说 明如下： | 审核函所列问题 | 黑体（加粗） | | --- | --- | | 问题回复 | 宋体（不加粗） | | 募集说明书修改、补充 | 楷体（加粗） | | 募集说明 ...

国信证券股份有限公司 关于晶瑞电子材料股份有限公司 创业板向特定对象发行股票的发行保荐书 保荐机构（主承销商） （深圳市红岭中路 1012 号国信证券大厦 16-26 层） 二〇二三年八月 3-1-1 3-1-2 一、本次证券发行基本情况 （一）保荐代表人情况 刘伟先生：国信证券投资银行事业部执行副总经理，经济学硕士，保荐代表 人。2007 年开始从事投资银行工作，负责并参与浙江新光药业股份有限公司 2016 年首次公开发行股票并在创业板上市项目、天津久日新材料股份有限公司 2019 年首次公开发行股票并在科创板上市项目；浙江众合机电股份有限公司 2010 年 非公开发行股票项目、贵州久联民爆器材发展股份有限公司 2012 年非公开发行 股票项目、利欧集团股份有限公司 2018 年可转换公司债券项目、苏州晶瑞化学 股份有限公司 2021 年向不特定对象发行可转换公司债券项目、晶瑞电子材料股 份有限公司 2022 年以简易程序向特定对象发行股票项目；青海金瑞矿业发展股 份有限公司 2008 年发行股份购买资产及重大资产出售项目、青海金瑞矿业发展 股份有限公司 2016 年重大资产出售项目、云南瑞宝生物科技股份有 ...

| | | 债券代码：123031 债券简称：晶瑞转债 债券代码：123124 债券简称：晶瑞转 2 晶瑞电子材料股份有限公司 关于"晶瑞转 2"2023 年付息公告 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、"晶瑞转2"（债券代码：123124）将于2023年8月16日按面值支付第二年 利息，每10张"晶瑞转2"（面值1,000.00元）利息为3.00元（含税）。 2、债权登记日：2023年8月15日 3、本次付息期间及票面利率：计息期间为2022年8月16日至2023年8月15日， 票面利率为0.3%。 4、付息日：2023年8月16日 5、除息日：2023年8月16日 6、"晶瑞转2"本次付息的债权登记日为2023年8月15日，凡在2023年8月15 日（含）前买入并持有本期债券的投资者享有本次派发的利息。2023年8月15日 卖出本期债券的投资者不享有本次派发的利息。 7、下一付息期起息日：2023年8月16日 晶瑞电子材料股份有限公司（以下简称"公司"）于2021年8月16日向不特定 对象发行可转换公司债券（以下简称"晶瑞转2" ...

证券代码：300655 证券简称：晶瑞电材 晶瑞电子材料股份有限公司 投资者关系活动记录表 编号：2023-002 | | | □特定对象调研 | □ | 分析师会议 | | | --- | --- | --- | --- | --- | --- | | 投资者关 系活动类 | □ 媒体采访  业绩说明会 | | | | | | 别 | □ □ 路演活动 | 新闻发布会 | | | | | | □ □ 一对多沟通 | 现场参观 | | | | | | □ | 其他（电话会议） | | | | | 参与单位 | 通过"全景•路演天下"（http://rs.p5w.net）参与晶瑞电材 | | | 2022 | 年度网上业绩 | | 名称及人 员姓名 | | 说明会的投资者 | | | | | 时间 | 2023 17 日下午 15:00~17:00 | 年 5 月 | | | | | 地点 | 公司会议室、"全景•路演天下"（http://rs.p5w.net） | | | | | | 上市公司 | | | | | | | | 1、董事长李勍先生； 2、董事兼总经理薛利新先生； | | | | | | | 3 ...

证券代码：300655 证券简称：晶瑞电材 晶瑞电子材料股份有限公司 投资者关系活动记录表 | --- | --- | --- | |------------|---------------|----------| | | | 2023-001 | | | □特定对象调研 | | | 投资者关 | □ 媒体采访 | | | 系活动类别 | □ 新闻发布会 | | | | □ 现场参观 | | 其他（电话会议） | --- | |----------| | 参与单位 | | 名称及人 | | 员姓名 | 时间 2023 年 4 月 28 日 地点 公司会议室 董事兼总经理薛利新； 上市公司 接待人员 董事会秘书、副总经理袁峥； 财务总监顾友楼。 一、 公司概述 公司总经理根据对外公告的《2022 年年度报告》、《2023 年一季度报告》的内 容，简要概述了公司 2022 年度及 2023 年第一季度的经营情况。 投资者关 系活动主 要内容介 绍 公司是一家电子材料的平台型高新技术企业，围绕泛半导体材料和新能源 材料两个方向，主导产品包括高纯化学品、光刻胶、锂电池材料、工业化学品 及能源等，广泛应用于半导体、锂电 ...

Financial Performance - Total operating revenue for Q1 2023 was ¥295,284,439.98, a decrease of 34.4% compared to ¥450,508,527.58 in the same period last year[8]. - Total operating costs for Q1 2023 were ¥275,906,620.59, down 32.6% from ¥409,490,759.36 in Q1 2022[8]. - Basic earnings per share for Q1 2023 were ¥0.03, down from ¥0.05 in the same period last year[10]. - The company reported a total comprehensive income of ¥19,062,083.26 for Q1 2023, compared to ¥33,009,335.30 in Q1 2022[10]. - The net profit attributable to shareholders for Q1 2023 was ¥17,927,652.35, down 43.92% from ¥31,968,364.05 year-on-year[41]. - Operating profit decreased by 43.82% to ¥21,735,792.15 due to a decline in operating revenue[45]. - Net profit for the first quarter was CNY 19,062,083.26, down from CNY 33,009,335.30, indicating a decline of about 42.3% year-over-year[59]. Cash Flow and Liquidity - Net cash flow from operating activities was ¥63,546,453.29, an increase of 11.4% compared to ¥56,937,551.08 in Q1 2022[11]. - Cash and cash equivalents at the end of Q1 2023 amounted to ¥700,821,837.16, up from ¥650,941,173.73 at the end of Q1 2022[13]. - The company raised ¥255,000,000.00 from investment recovery during Q1 2023, with no comparable figure from the previous year[12]. - The net cash flow from financing activities was ¥187,159,366.79, a decrease of 14.5% from ¥218,886,442.18 in Q1 2022[13]. - The company’s cash inflow from operating activities totaled ¥281,659,371.94, down from ¥312,268,266.17 in Q1 2022[12]. - Net cash outflow from investing activities was -¥100,514,788.31, a 41.54% decrease attributed to increased investments in financial products and project construction[45]. - Cash outflow from financing activities decreased by 49.62% to ¥42,870,633.21 mainly due to reduced bank loan repayments[45]. Assets and Liabilities - The company's total assets at the end of Q1 2023 included cash and cash equivalents of ¥701,740,060.80, compared to ¥551,626,029.57 at the end of the previous period[5]. - Total assets as of March 31, 2023, were ¥3,735,732,583.30, reflecting a 16.17% increase from ¥3,215,655,537.25 at the end of the previous year[41]. - The company's total liabilities amounted to CNY 1,276,019,273.14, up from CNY 1,184,888,371.39, marking an increase of about 7.7%[71]. - The total equity attributable to shareholders increased to CNY 1,991,292,215.05 from CNY 1,960,748,412.38, showing a growth of approximately 1.6%[71]. Investments and Expenses - The company's long-term equity investments decreased by 55.02% to ¥77,712,729.90 due to an increase in the consolidation scope of Hubei Jingrui[26]. - Fixed assets increased by 38.94% to ¥971,000,630.60, primarily due to the consolidation of Hubei Jingrui[26]. - Other payables surged by 543.90% to ¥15,304,898.26, attributed to the consolidation of Hubei Jingrui[26]. - Research and development expenses rose to CNY 16,178,249.68, compared to CNY 14,482,325.13, reflecting an increase of approximately 11.7%[59]. - Financial expenses decreased by 38.59% to ¥2,790,512.25 primarily due to increased bank deposit interest rates[45]. - The company reported a decrease in financial expenses to CNY 2,790,512.25 from CNY 4,543,703.94, a reduction of about 38.7%[59]. - The company’s inventory increased to CNY 109,898,377.25 from CNY 91,616,954.70, representing a growth of approximately 19.9%[70]. - The company’s tax expenses decreased to CNY 2,679,576.37 from CNY 5,457,293.86, a decline of about 51.1%[59]. Strategic Initiatives - The company plans to issue shares to specific investors, with applications accepted by the Shenzhen Stock Exchange on March 16 and March 30, 2023[32]. - The company plans to introduce strategic investors for its subsidiary, indicating a focus on market expansion and potential partnerships[66]. - The company’s subsidiary, Ruihong (Suzhou) Electronic Chemicals Co., Ltd., began trading on the National Equities Exchange and Quotations on February 16, 2023[51]. - The company does not classify any non-recurring gains and losses as recurring gains and losses[43].

Financial Performance - The company's operating revenue for 2022 was ¥1,745,800,096.85, a decrease of 4.71% compared to ¥1,832,087,602.85 in 2021[25]. - The net profit attributable to shareholders for 2022 was ¥163,360,321.18, down 18.72% from ¥200,996,573.60 in 2021[25]. - Basic earnings per share for 2022 were ¥0.28, a decrease of 20.00% from ¥0.35 in 2021[26]. - The total assets at the end of 2022 were ¥3,215,655,537.25, reflecting a 9.95% increase from ¥2,924,628,198.60 at the end of 2021[26]. - The net assets attributable to shareholders increased by 22.03% to ¥1,960,748,412.38 at the end of 2022, compared to ¥1,606,729,586.96 at the end of 2021[26]. - The company reported a total revenue of 7,276.05 million, with a net profit of 4,471.95 million, reflecting a decrease of 1,672.66 million compared to the previous period[154]. Cash Flow and Investments - The net cash flow from operating activities increased by 127.50% to ¥379,980,629.86 in 2022, compared to ¥167,022,219.98 in 2021[25]. - The company reported a net cash flow from operating activities of CNY 379,980,629.86, an increase of 127.5% compared to the previous year, primarily due to accelerated sales collections[111]. - Total cash inflow from investment activities surged by 941,276.41% to CNY 740,204,272.77, attributed to increased redemption of financial products[113]. - The company experienced a net cash outflow from investment activities of CNY 569,098,620.14, a decline of 88.15% year-on-year, due to increased investments in financial products and projects[113]. - The net cash flow from financing activities decreased by 55.50% to CNY 195,597,376.20, primarily due to a reduction in net financing obtained[113]. Market Position and Strategy - The company achieved a market share of 10% and 20% in its respective segments, expanding into international markets[15]. - The company is positioned in a market characterized by high technical barriers, particularly in the semiconductor-grade wet electronic chemicals, which are classified as G4-G5 levels[37]. - The company aims to become a leading enterprise in semiconductor integrated circuit electronic materials, leveraging its dual advantages of technological and cost leadership[68]. - The company is focusing on high-purity chemicals for semiconductor and photovoltaic applications, with a significant opportunity for domestic manufacturers to replace imports in the high-end market[159]. - The company plans to enhance its core competitiveness by increasing R&D in high-purity chemicals and photoresists, aiming for improved product quality and market share[180]. Research and Development - The company has a strong emphasis on R&D for new products and technologies in the electronic materials sector[14]. - The company increased its R&D investment to CNY 69.7045 million in 2022, representing a year-on-year growth of 50.33%[68]. - The company holds a total of 107 patents, including 51 invention patents, as of the end of the reporting period[68]. - The company is actively involved in the research and development of new products and technologies to enhance its competitive position in the market[163]. - The company is developing a new electronic-grade silicon etching solution for large-scale integrated circuits, currently in the product testing phase, which is expected to enhance market recognition and increase sales[106]. Risk Management - The company emphasizes the importance of risk awareness regarding market demand fluctuations, competition risks, and raw material price volatility[3]. - The company acknowledges potential risks related to talent retention and fixed asset depreciation increases[3]. - Safety and environmental risks are significant due to the nature of the company's products, which include hazardous chemicals, necessitating strict adherence to safety and environmental regulations[181]. - The company is implementing rigorous cost management strategies to mitigate risks from raw material price fluctuations, focusing on automation and quality control[184]. - There is a risk of bad debts from accounts receivable, particularly if clients in the semiconductor and LED sectors face financial difficulties[185]. Production and Capacity - The company achieved a production capacity utilization rate of 100.28% for high-purity chemicals, with a designed capacity of 215,000 tons/year[62]. - The company reported a production capacity utilization rate of 53.79% for photoresists, with a designed capacity of 1,725 tons/year[63]. - The lithium battery materials segment has a production capacity utilization rate of 68.78% with a designed capacity of 37,000 tons/year and an additional planned capacity of 130,000 tons[63]. - The company has established a semiconductor-grade high-purity sulfuric acid production line with a capacity of 30,000 tons, achieving G5 grade quality, positioning it among the top tier globally[49]. - The company is actively constructing a 60,000-ton phase II project for semiconductor-grade high-purity sulfuric acid, expected to be completed in 2023[86]. Environmental and Social Responsibility - The company has outlined its commitment to environmental and social responsibilities in its annual report[9]. - The company has received environmental impact report approvals for several projects, including a 1,200 tons/year integrated circuit key electronic materials project[64]. - The company has received multiple quality management certifications, including IATF16949 and ISO9001, ensuring high standards in production[54]. Subsidiaries and Expansion - The company has established several subsidiaries, including 瑞红锂电池材料 (Lithium Battery Materials) and 晶瑞新能源科技 (New Energy Technology)[13]. - The company has expanded its consolidation scope to include two new subsidiaries, enhancing its operational capacity[100]. - The company is investing in a project in Pengjiang City with a designed capacity of 185,000 tons per year for electronic-grade hydrogen peroxide and ammonia, with the first phase already in production[173]. Corporate Governance - The company has revised multiple management systems to enhance corporate governance and internal control[200]. - The company is committed to maintaining compliance with relevant laws and regulations to improve governance standards[200]. - The company has engaged Guosen Securities as its sponsor for continuous supervision from September 18, 2018, to December 31, 2023[22].

为充分尊重投资者、提升交流的针对性，现就公司 2022 年度业绩说明会提 前向投资者公开征集问题，广泛听取投资者的意见和建议。投资者可于 2023 年 5 月 16 日（星期二）15:00 前访问 http://ir.p5w.net/zj/，进入问题征集专题页面进行 提问。公司将在 2022 年度业绩说明会上，对投资者普遍关注的问题进行回答。 欢迎广大投资者积极参与！ | 证券代码：300655 | 证券简称：晶瑞电材 | 公告编号：2023-045 | | --- | --- | --- | | 债券代码：123031 | 债券简称：晶瑞转债 | | | 债券代码：123124 | 债券简称：晶瑞转 2 | | 晶瑞电子材料股份有限公司 关于举办 2022 年度网上业绩说明会的公告 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。 晶瑞电子材料股份有限公司（以下简称"公司"）《2022 年年度报告》及《2022 年年度报告摘要》已于 2023 年 4 月 26 日刊登在中国证监会指定的创业板信息披 露媒体巨潮资讯网（www.cninfo.com.cn）。为使投 ...

证券代码：300655 证券简称：晶瑞股份 苏州晶瑞化学股份有限公司 投资者关系活动记录表 编号：2017-002 | --- | --- | --- | |-------------------|--------------------------------------------------------|----------------| | | 特定对象调研 | □ 分析师会议 | | 投资者关 | 媒体采访 | □ 业绩说明会 | | 系活动类 别 | 新闻发布会 | □ 路演活动 | | | 现场参观 | □ 一对一沟通 | | | | □ 其他 | | | 姓名 | 单位 | | 参与单位 名称及人 | 施航 | 长江证券 | | 员姓名 | 徐慕浩 | 泰信基金 | | | 李劭钊 | 工银瑞信 | | 时间 | 2017 年 8 月 31 日 | | | 地点 | 苏州吴中区善丰路 168 号二楼会议室 | | | 上市公司 接待人员 | 董事长吴天舒、董事李勍、董事会秘书程欢瑜、证券部林萍娟 | | | --- | --- | |-------------------|---------- ...

证券代码：300655 证券简称：晶瑞股份 苏州晶瑞化学股份有限公司 投资者关系活动记录表 编号：2017-005 | --- | --- | --- | --- | |-------------------|-------|----------------------------------------------------|--------------------------------------------------------------------| | | | 特定对象调研 | □ 分析师会议 | | 投资者关 | □ | 媒体采访 | □ 业绩说明会 | | 系活动类 别 | □ | 新闻发布会 | □ 路演活动 | | | □ | 现场参观 | □ 一对多沟通 | | | | | □ 其他 | | 参与单位 | 姓名 | | 单位 | | 名称及人 | 陈虎 | | 华夏基金 | | 员姓名 | | 张凌立 | 东吴证券 | | 时间 | 2017 | 年 9 月 12 日 | | | 地点 | | 苏州吴中区善丰路 168 号二楼会议室 | | | 上市公司 人员 | | 董事长吴天舒 ...