关于圣邦微电子（北京）股份有限公司 北京市建国门北大街 8 号华润大厦 20 层 邮编：100005 电话：（86-10） 8519-1300 传真：（86-10） 8519-1350 junhebj@junhe.com 北京市君合律师事务所 关于 圣邦微电子（北京）股份有限公司 2025 年股票期权激励计划首次授予相关事项的 法律意见书 二零二五年五月 2025 年股票期权激励计划首次授予相关事项的法律意见书 致：圣邦微电子（北京）股份有限公司 北京市君合律师事务所（以下简称"本所"）为具有从事法律业务资格的律师事务 所。本所受圣邦微电子（北京）股份有限公司（以下简称"圣邦股份"或"公司"）委 托，作为公司实施 2025 年股票期权激励计划（以下简称"2025 年激励计划"）的特聘 法律顾问，就公司 2025 年激励计划之首次授予（以下简称"本次授予"）的相关事项， 本所特出具《北京市君合律师事务所关于圣邦微电子（北京）股份有限公司 2025 年股 票期权激励计划首次授予相关事项的法律意见书》（以下简称"本法律意见书"）。 本法律意见书系根据《中华人民共和国公司法》（以下简称《公司法》）、《中华 人民共和国 ...

Investment Rating - The investment rating for the company is "Recommended" (maintained) [1] Core Views - The company achieved a revenue of 3.347 billion yuan in 2024, representing a year-on-year growth of 27.96%, and a net profit attributable to shareholders of 500 million yuan, up 78.17% year-on-year [5][9] - The company is focused on both organic growth and external expansion, continuously increasing the variety and quantity of its products [9][10] - The company has a strong product matrix in the analog integrated circuit design industry, covering 34 product categories with over 5,900 products available for sale [10] Financial Performance Summary - In 2024, the company reported a gross margin of 51.5% and a net margin of 14.9%, with a decrease in expense ratio to 35.12% [9][12] - The projected revenues for 2025-2027 are 4.110 billion yuan, 4.954 billion yuan, and 5.821 billion yuan, respectively, with corresponding net profits of 616 million yuan, 825 million yuan, and 1.102 billion yuan [8][11] - The earnings per share (EPS) are expected to be 1.30 yuan, 1.74 yuan, and 2.33 yuan for the years 2025, 2026, and 2027, respectively [12] Market Position and Strategy - The company is recognized for its rapid response to market demands and has successfully expanded into emerging fields such as automotive electronics, green energy, and smart manufacturing [10] - The company has signed an agreement for the acquisition of Ganrui Intelligent Technology, completed in March 2025, indicating a strategy for growth through acquisitions [10] - The company maintains a strong market presence and brand influence, with an increasing market share due to its local advantages and product performance [10][11]

Investment Rating - The report maintains a rating of "Add" for the company [1] Core Views - The company is a leading domestic analog chip enterprise, covering signal chain and power management products, with a broad presence in consumer electronics, industrial, automotive, and communications sectors [1] - The company reported a revenue of 3.347 billion yuan in 2024, a year-on-year increase of 27.96%, with a net profit of 500 million yuan, up 78.17% year-on-year [5] - The company continues to invest in R&D and has a stable product launch schedule, with a focus on enhancing its automotive sector presence following the acquisition of 67% of Ganrui Intelligent [5] - The overall industry is expected to show marginal improvement in 2025, with strong demand in the industrial sector [5] - The company is projected to achieve revenues of 4.050 billion yuan in 2025, with a corresponding net profit of 572 million yuan [7] Financial Data Summary - Total revenue for 2023 was 2.616 billion yuan, with a projected growth of 28% in 2024 [7] - The company's gross margin for 2024 was reported at 51.46%, with a net margin of 14.67% [5] - The company’s return on equity (ROE) for the trailing twelve months (TTM) is 11.1% [1] - The projected earnings per share (EPS) for 2025 is 1.21 yuan, with a price-to-earnings (PE) ratio of 83.6 [7][13]

Investment Rating - The investment rating for the company is "Buy" and is maintained [8]. Core Insights - In 2024, the company achieved revenue of 3.347 billion yuan, a year-on-year increase of 27.96%, and a net profit attributable to shareholders of 500 million yuan, a year-on-year increase of 78.17% [5][10]. - In Q1 2025, the company reported revenue of 790 million yuan, a year-on-year increase of 8.30%, and a net profit attributable to shareholders of 60 million yuan, a year-on-year increase of 9.90% [5][10]. - The company is a leading player in the domestic analog chip market, focusing on market and customer needs, and quickly launching products that meet market expectations [10]. - The company has increased its R&D investment, with R&D expenses reaching 871 million yuan in 2024, a year-on-year increase of 18.14%, and R&D personnel accounting for 74.09% of the workforce [10]. - The Jiangyin production base is ready for production, which will support the company's continuous development in high-end fields [10]. - The company aims to become a top brand in the global analog chip industry, with a continuous expansion of product categories and a strong growth outlook [10]. Financial Performance Summary - In 2024, the company's gross margin was 51.46%, up 1.86 percentage points year-on-year [10]. - The revenue from signal chain and power management products was 1.165 billion yuan and 2.182 billion yuan, respectively, with year-on-year increases of 33.99% and 24.95% [10]. - The projected net profits for 2025-2027 are 680 million yuan, 923 million yuan, and 1.257 billion yuan, respectively [10].

证券代码：300661 证券简称：圣邦股份 公告编号：2025-028 圣邦微电子（北京）股份有限公司 关于 2025 年股票期权激励计划内幕信息知情人 买卖公司股票情况的自查报告 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。 圣邦微电子（北京）股份有限公司（以下简称"公司"）于 2025 年 4 月 18 日召开第五届董事会第五次会议、第五届监事会第五次会议审议通过了《关于< 圣邦微电子（北京）股份有限公司 2025 年股票期权激励计划（草案）>及其摘要 的议案》等相关议案，具体内容详见公司于 2025 年 4 月 19 日在巨潮资讯网 （http://www.cninfo.com.cn/new/index）上披露的相关公告。 根据《上市公司股权激励管理办法》（以下简称《管理办法》）、《深圳证 券交易所创业板上市公司自律监管指南第 1 号——业务办理》（以下简称《自律 监管指南》）等相关法律法规的规定，通过向中国证券登记结算有限责任公司深 圳分公司查询，公司对 2025 年股票期权激励计划（以下简称"本次激励计划"） 内幕信息知情人在本次激励计划草案披露前 ...

证券代码：300661 证券简称：圣邦股份 公告编号：2025-026 圣邦微电子（北京）股份有限公司 关于召开公司 2025 年第一次临时股东大会的提示性公告 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。 经圣邦微电子（北京）股份有限公司（以下简称"公司"）第五届董事会 第五次会议审议通过，决定于 2025 年 5 月 6 日（星期二）召开公司 2025 年第 一次临时股东大会（以下简称"会议"）。本次股东大会会议通知已于 2025 年 4 月 19 日在巨潮资讯网（http://www.cninfo.com.cn/new/index）上发布。现将会 议有关事项提示如下： 一、召开会议的基本情况 1、股东大会届次：2025 年第一次临时股东大会。 2、股东大会的召集人：公司董事会，经公司第五届董事会第五次会议审议 通过后，决定召开公司 2025 年第一次临时股东大会。 3、会议召开的合法、合规性：本次股东大会的召开符合有关法律、行政法 规、部门规章、规范性文件及《圣邦微电子（北京）股份有限公司章程》的相 关规定。 4、会议召开的日期、时间： （1）现场会议 ...

证券代码：300661 证券简称：圣邦股份 公告编号：2025-027 圣邦微电子（北京）股份有限公司 监事会关于 2025 年股票期权激励计划首次授予 激励对象名单的审核意见及公示情况说明 本公司及监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。 圣邦微电子（北京）股份有限公司（以下简称"公司"）于 2025 年 4 月 18 日召开第五届董事会第五次会议、第五届监事会第五次会议审议通过了《关于< 圣邦微电子（北京）股份有限公司 2025 年股票期权激励计划（草案）>及其摘要 的议案》等相关议案。 根据《上市公司股权激励管理办法》（以下简称《管理办法》）、《深圳证券交 易所创业板股票上市规则》（以下简称《创业板股票上市规则》）、《深圳证券交易 所创业板上市公司自律监管指南第 1 号——业务办理》（以下简称《自律监管指 南》）以及《圣邦微电子（北京）股份有限公司章程》（以下简称《公司章程》） 的相关规定，公司对 2025 年股票期权激励计划（以下简称"本激励计划"）拟首 次授予激励对象（以下简称"拟激励对象"）的姓名和职务在公司内部进行了公 示，公司监事会结合公示情况对 ...

Investment Rating - The report maintains a "Buy" rating for the company [7] Core Views - The company is expected to achieve revenue of 3.35 billion RMB in 2024, with a year-on-year growth of 27.96%, and a net profit of 500 million RMB, reflecting a year-on-year increase of 78.17% [1][2] - The semiconductor industry is entering an upward cycle, with consumer demand recovering first, followed by industrial and automotive sectors [2][3] - The company has a strong product portfolio with over 5,900 items across 34 categories, indicating good customer expansion [1][3] Summary by Sections 2024 Review - The company's revenue from power management products reached 2.18 billion RMB, up 24.95% year-on-year, accounting for 65.18% of total revenue, with a gross margin of 47.81% [2] - Signal chain products generated 1.17 billion RMB in revenue, a 33.99% increase year-on-year, with a gross margin of 58.30% [2] - The overall gross margin for 2024 was 51.46%, an increase of 1.86 percentage points, primarily due to product mix optimization [2] 2025 Outlook - The company expects to achieve revenue of 4.08 billion RMB and a net profit of 609.8 million RMB in 2025, with year-on-year growth rates of 21.80% and 21.90% respectively [4][6] - The company has become the controlling shareholder of Ganrui Technology, focusing on the development of magnetic resistance motion sensor chips [3][4] - The report anticipates a comprehensive improvement in industrial demand and positive trends in the automotive sector, benefiting the company as a leading domestic analog device manufacturer [3][4] Valuation - The target price for the company is set at 129 RMB, based on a 15x price-to-sales (PS) ratio for 2025, which is higher than the comparable company average of 9.6x [4][8] - The report projects revenue and net profit for 2026 to be 5.04 billion RMB and 910 million RMB, respectively, with a slight downward adjustment of 0.5% and 0.1% [4]

Core Viewpoint - The company, Shengbang Microelectronics, focuses on high-performance analog integrated circuits, reporting significant revenue and profit growth in the latest fiscal year despite a challenging global semiconductor market [14][18]. Company Overview - Shengbang Microelectronics specializes in the research, development, and sales of high-performance analog integrated circuits, covering signal chain and power management sectors with over 5,900 products [5][6]. - The company operates under a fabless model, outsourcing manufacturing to foundries like TSMC, ensuring high-quality production standards [11]. Financial Performance - In the latest reporting period, the company achieved a revenue of 334.7 million yuan, a year-on-year increase of 27.96%, and a net profit of 49.1 million yuan, up 81.95% [14]. - The profit distribution plan includes a cash dividend of 2 yuan per 10 shares and a capital reserve conversion of 3 shares for every 10 shares held [4]. Business Model - The company employs a sales model primarily based on distribution, which enhances efficiency given the broad customer base [12]. - R&D is a core competency, with 74.09% of employees dedicated to research, leading to the filing of 162 new patents [10]. Market Dynamics - The semiconductor industry is experiencing a recovery phase, with increasing demand for high-performance components driven by emerging technologies like AI and robotics [13][18]. - Despite a slow growth outlook for the integrated circuit industry in 2024, long-term demand is expected to rise due to advancements in various sectors [18]. Product Development - The company launched over 700 new products during the reporting period, enhancing its product diversity and market competitiveness [15][16]. - New products include advanced voltage reference chips and high-efficiency DC/DC converters, catering to various applications across multiple industries [15]. Customer Expansion - The company has expanded its customer base significantly, serving thousands of clients across various sectors, including industrial control and automotive electronics [17]. - It is actively pursuing opportunities in emerging markets such as IoT, renewable energy, and AI, positioning itself for future growth [17].

证券代码：300661 证券简称：圣邦股份 公告编号：2025-009 圣邦微电子（北京）股份有限公司 第五届监事会第六次会议决议的公告 本公司及监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。 一、监事会会议召开情况 圣邦微电子（北京）股份有限公司（以下简称"公司"）第五届监事会第六 次会议于 2025 年 4 月 17 日通过通讯形式发出通知，于 2025 年 4 月 28 日上午 9:40 召开。会议由监事会主席黄小琳女士召集并主持，本次会议应参会监事 3 名，实参会监事 3 名。本次会议的召集、召开和表决程序均符合《中华人民共和 国公司法》（以下简称《公司法》）和《圣邦微电子（北京）股份有限公司章程》 （以下简称《公司章程》）的有关规定，会议决议合法有效。 二、监事会会议审议情况 经与会监事表决，形成如下决议： (一) 审议通过《关于 2024 年度监事会工作报告的议案》 经审议，监事会认为：2024 年度，公司监事会严格按照《公司法》《中华人 民共和国证券法》（以下简称《证券法》）、《深圳证券交易所创业板股票上市规则》 （以下简称《创业板股票上市规则》）、《深 ...