证券代码：300751 证券简称：迈为股份 公告编号：2024-026 苏州迈为科技股份有限公司 关于调整第二期股权激励计划期权行权价格的公告 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。 3、2020年10月13日，公司召开2020年第二次临时股东大会，审议通过了《关 于公司第二期股权激励计划（草案）及其摘要的议案》等相关议案，并披露了《2020 年第二次临时股东大会决议的公告》（公告编号：2020-097）、《关于公司第二 期股权激励计划内幕信息知情人及激励对象买卖公司股票情况的自查报告》（公 告编号：2020-096），公司对第二期股权激励计划内幕信息知情人及激励对象在 本次激励计划草案首次公开披露前六个月（即2020年3月13日至2020年9月14日） 买卖公司股票的情况进行了自查。 4、公司于2020年10月15日召开第二届董事会第九次会议和第二届监事会第 九次会议，分别审议通过了《关于调整公司第二期股权激励计划相关事项的议案》 《关于向激励对象授予第二期股票期权的议案》，公司本次激励计划授予股票期 权的激励对象由188人调整为187人，授予股票期 ...

北京国枫律师事务所 关于苏州迈为科技股份有限公司 调整第二期股权激励计划期权行权价格的 法律意见书 国枫律证字[2023]AN076-3号 北京国枫律师事务所 Grandway Law Offices 北京市东城区建国门内大街 26 号新闻大厦 7 层 邮编：100005 电话（Tel）：010-88004488/66090088 传真（Fax）：010-66090016 释 义 在本法律意见中，除非文义另有所指，下列词语具有下述涵义： | 公司、迈为股份 | 指 | 苏州迈为科技股份有限公司 | | --- | --- | --- | | 《激励计划》、本激励 | 指 | 《苏州迈为科技股份有限公司第二期股权激励计划》 | | 计划、本次激励计划 | | | | 《激励计划（草案）》 | 指 | 《苏州迈为科技股份有限公司第二期股权激励计划 | | | | （草案）》 | | 股票期权、期权 | 指 | 公司授予激励对象在未来一定期限内以预先确定的价 | | | | 格和条件购买公司一定数量股票的权利 | | 激励对象 | 指 | 按照本激励计划规定，获得股票期权的核心（业务） | | | | 技术人员及董 ...

Investment Rating - The investment rating for the company is "Buy" (maintained) [1] Core Views - The company has won a bid for the 6th generation AMOLED production line project from BOE Technology Group, which opens up growth opportunities in the semiconductor sector [3] - The company has established a comprehensive layout in the core processes of panel equipment, breaking the monopoly of Japanese and Korean manufacturers [3] - The company is positioned as a leader in HJT (Heterojunction Technology) equipment, benefiting from the accelerated expansion of HJT battery production [4] Financial Forecast and Valuation - Total revenue is projected to grow from 8,089 million yuan in 2023 to 21,442 million yuan in 2026, with a compound annual growth rate (CAGR) of 85.30% from 2023 to 2024 [2] - Net profit attributable to shareholders is expected to increase from 1,524 million yuan in 2024 to 2,883 million yuan in 2026, reflecting a growth rate of 66.76% in 2024 [2] - The latest diluted EPS is forecasted to rise from 3.27 yuan in 2023 to 10.33 yuan in 2026, indicating strong earnings growth [2] - The current price-to-earnings (P/E) ratio is projected to decrease from 40.38 in 2023 to 12.80 in 2026, suggesting an attractive valuation [2] Market Position and Strategy - The company has delivered multiple OLED laser cutting and repair devices to leading display manufacturers, enhancing its competitive edge in the flexible display manufacturing sector [3] - The company has diversified its product offerings to include equipment for both OLED and MLED displays, as well as semiconductor packaging solutions [4] - The company has a strong focus on R&D, with significant investments planned to support its growth in the semiconductor and display equipment markets [4]

苏州迈为科技股份有限公司 证券代码：300751 证券简称：迈为股份 公告编号：2024-023 2023年年度权益分派实施公告 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、截止本公告披露日，苏州迈为科技股份有限公司（以下简称"公司"） 回购专用证券账户中股份数量为 503,254 股。公司回购专用证券账户中的股份不 享有利润分配、公积金转增股本等权利，公司以现有总股本 279,197,806 股剔除 回购专用证券账户中 503,254 股后的 278,694,552 股为基数进行本次权益分派。 2、本次现金分红总额=实际参与现金分红的股本×每 10 股分红金额÷10 股 =278,694,552 股×11 元÷10 股=306,564,007.20 元（含税）；按公司总股本折 算每 10 股现金红利=现金分红总额÷本次变动前总股本×10 股=306,564,007.20 元÷279,197,806 股*10 股=10.980172 元，每股现金红利=10.980172 元÷ 10=1.0980172 元。 本次权益分派实施后的除权除息参考 ...

证券代码：300751 证券简称：迈为股份 公告编号：2024-022 现场会议召开时间：2024 年 5 月 16 日（星期四）下午 14:00 开始。 网络投票时间：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 2024 年 5 月 16 日 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 2024 年 5 月 16 日上午 9:15 至下午 15:00 期间的任意时间。 苏州迈为科技股份有限公司 2023年年度股东大会决议的公告 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。 重要提示： 1、本次股东大会没有否决提案的情况； 2、本次股东大会没有新提案提交表决的情况，没有变更前次股东大会决议 的情况； 3、本次股东大会以现场投票和网络投票相结合的方式召开。 一、会议的召开情况 1、会议召开时间： 2、现场会议召开地点：苏州市吴江区芦荡路 228 号 3 号楼会议室。 3、会议召开方式：本次股东大会采取现场与网络投票相结合的方式。 4、会议召集人：苏州迈为科技股份有限公司董事会 ...

北京市东城区建国门内大街 26 号新闻大厦 7 层、8 层 电话：010-88004488/66090088 传真：010-66090016 邮编：100005 北京国枫律师事务所 对本法律意见书的出具，本所律师特作如下声明： 1．本所律师仅就本次会议的召集与召开程序、召集人和出席现场会议人员 资格、会议表决程序及表决结果的合法性发表意见，不对本次会议所审议的议案 内容及该等议案所表述的事实或数据的真实性、准确性和完整性发表意见； 1 关于苏州迈为科技股份有限公司 2023 年年度股东大会的 法律意见书 国枫律股字[2024]A0221 号 致：苏州迈为科技股份有限公司 北京国枫律师事务所（以下简称"本所"）接受苏州迈为科技股份有限公司 （以下简称"贵公司"）的委托，指派律师出席并见证了贵公司 2023 年年度股 东大会（以下简称"本次会议"）。 本所律师根据《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》"）、《上市公司股东大会规则》 （以下简称"《股东大会规则》"）、《律师事务所从事证券法律业务管理办法》 （以下简称"《证券法律业务管理办法》"）、《律师 ...

Financial Performance - The company's operating revenue for 2023 reached ¥8,088,549,152.74, representing a 94.99% increase compared to ¥4,148,248,486.96 in 2022[16]. - Net profit attributable to shareholders for 2023 was ¥913,896,261.50, a 6.03% increase from ¥861,919,515.86 in 2022[16]. - The net profit after deducting non-recurring gains and losses was ¥857,152,224.04, up 7.51% from ¥797,283,128.81 in the previous year[16]. - The company's total assets at the end of 2023 were ¥23,216,628,175.00, a 59.79% increase from ¥14,526,837,662.10 in 2022[16]. - The net assets attributable to shareholders increased by 10.34% to ¥7,119,179,856.08 from ¥6,452,036,416.84 in 2022[16]. - The basic earnings per share for 2023 was ¥3.29, compared to ¥4.99 in 2022, reflecting a decrease of 34.13%[16]. - The diluted earnings per share was ¥3.28, down from ¥4.94 in the previous year[16]. - The weighted average return on equity for 2023 was 13.53%, a slight decrease from 14.15% in 2022[16]. - The net cash flow from operating activities for 2023 was ¥755,259,352.06, down 11.72% from ¥855,480,583.27 in 2022[16]. - The company reported a total revenue of ¥2,981,711,583.54 in Q4 2023, with a net profit of ¥200,326,834.34 attributable to shareholders[19]. Dividend and Shareholder Returns - The company plans to distribute a cash dividend of 11 RMB per 10 shares to all shareholders, with no bonus shares issued[4]. - The total cash dividend for the 2023 fiscal year is projected to be 306,521,882.70 RMB, with a distribution of 11 RMB per 10 shares (including tax)[177]. - The cash dividend distribution plan complies with the relevant regulations and fully protects the rights of minority investors[177]. - The company has maintained a cash dividend payout ratio exceeding 20% annually, reaching over 30% for the fiscal year 2022[139]. Market and Industry Trends - The company acknowledges risks such as the decline in the photovoltaic industry, long acceptance cycles, intensified market competition, and potential decreases in gross margin, which may impact the achievement of operational goals for 2024[3]. - The domestic photovoltaic market saw a significant increase, with 216.88 GW of new installations in 2023, representing a year-on-year growth of 148.1%[29]. - The global photovoltaic market is projected to continue growing, with an expected addition of 390 GW to 430 GW of new installations in 2024[32]. - The domestic photovoltaic industry has experienced a continuous decline in product prices since 2023, leading to significant operational pressure on companies lacking scale and integration advantages[33]. - In 2024, the photovoltaic industry is expected to enter a consolidation phase, with a significant increase in market concentration among leading manufacturers[33]. Technological Development and R&D - The company is focused on the development of new technologies and products, particularly in the photovoltaic sector, to enhance its market position[8]. - The company has developed the latest HJT screen printing equipment, enhancing its supply capabilities in the HJT battery sector[35]. - The company has successfully upgraded its microcrystalline heterojunction high-efficiency battery mass production equipment, significantly improving light conversion efficiency[36]. - The company has accumulated 344 patents and 134 software copyrights, reinforcing its core competitiveness and commitment to innovation in the photovoltaic equipment sector[53]. - The company has established four major laboratories to support its R&D efforts, including a high-efficiency solar cell laboratory and a component technology laboratory[53]. - The company is actively promoting the industrialization of technologies such as 0BB and silver-copper solutions to enhance competitiveness in the HJT battery market[36]. Strategic Initiatives and Market Expansion - The company is exploring market expansion opportunities and potential mergers and acquisitions to strengthen its competitive edge[8]. - The company is actively expanding its product line to include core equipment for display panels and semiconductor packaging, alongside its main products for solar cell production[49]. - The company is exploring new applications for photovoltaic technology, including integration with agriculture and desertification control, to expand its market reach[48]. - The company is focusing on high-end intelligent manufacturing equipment, with a strong market share in solar cell production equipment[121]. - The company has established a sales subsidiary in Singapore to expand its international market presence, particularly in the photovoltaic sector[123]. Governance and Compliance - The company emphasizes the importance of high-quality governance and has established a governance structure involving the shareholders' meeting, board of directors, supervisory board, and management[141]. - The company has committed to enhancing information disclosure quality, ensuring that disclosures are truthful, accurate, complete, and timely[140]. - The company has established independent systems for assets, business, personnel, institutions, and finance, ensuring no interference from controlling shareholders[142]. - The company has not faced any administrative regulatory measures from supervisory authorities during the reporting period[141]. - The company has successfully maintained independence from its controlling shareholders in all operational aspects[143]. Environmental Responsibility - The company adheres to national environmental laws and has established an environmental management system certified to GB/T24001-2016/ISO14001:2015 standards[191]. - The company emphasizes low carbon emissions and resource conservation as core operational goals, integrating environmental risk management into its internal risk management[190]. - The company has implemented strict pollution discharge standards that exceed national requirements to mitigate environmental impacts during production[192]. - The company has installed a distributed photovoltaic power generation system with a capacity of 4.77MW on its factory rooftops, generating approximately 1.71 million kWh of electricity in 2023, which reduced carbon emissions by about 1,704,800 kg[200]. - The company has not experienced any environmental pollution incidents or government penalties in 2023, demonstrating compliance with environmental laws and regulations[198]. Employee Development and Management - The company emphasizes the importance of employee training, offering both internal and external training programs to enhance employee skills and reduce turnover[172]. - The company has established a comprehensive training system to support employee career development and talent retention[173]. - The total number of employees at the end of the reporting period is 9,332, with 7,580 in the parent company and 1,752 in major subsidiaries[170]. - The company has 3,630 production staff, 61 sales personnel, 5,141 technical staff, 46 financial staff, and 454 administrative staff, totaling 9,332 employees[170]. - The company’s management team is evaluated based on their performance and responsibilities, with a compensation and assessment committee overseeing the process[183].

Financial Performance - The company's operating revenue for 2023 reached ¥8,088,549,152.74, representing a 94.99% increase compared to ¥4,148,248,486.96 in 2022[16]. - Net profit attributable to shareholders for 2023 was ¥913,896,261.50, a 6.03% increase from ¥861,919,515.86 in 2022[16]. - The net profit after deducting non-recurring gains and losses was ¥857,152,224.04, up 7.51% from ¥797,283,128.81 in the previous year[16]. - The total assets at the end of 2023 amounted to ¥23,216,628,175.00, a 59.79% increase from ¥14,526,837,662.10 in 2022[16]. - The net assets attributable to shareholders increased by 10.34% to ¥7,119,179,856.08 from ¥6,452,036,416.84 in 2022[16]. - The basic earnings per share for 2023 was ¥3.29, compared to ¥4.99 in 2022, reflecting a decrease of 34.13%[16]. - The diluted earnings per share was ¥3.28, down from ¥4.94 in the previous year[16]. - The net cash flow from operating activities for 2023 was ¥755,259,352.06, a decrease of 11.72% from ¥855,480,583.27 in 2022[16]. - The weighted average return on equity for 2023 was 13.53%, down from 14.15% in 2022[16]. - The company reported a quarterly revenue of ¥2,981,711,583.54 in Q4 2023, contributing to a total annual revenue of over ¥8 billion[19]. Dividend and Shareholder Returns - The company plans to distribute a cash dividend of 11 RMB per 10 shares to all shareholders, with no bonus shares issued[4]. - The total cash dividend for the 2023 fiscal year is projected to be 306,521,882.70 RMB, with a distribution of 11 RMB per 10 shares (including tax)[176]. - The company has maintained a dividend payout ratio exceeding 20% annually, reaching over 30% for the fiscal year 2022[139]. - The profit distribution policy remains unchanged, with a minimum cash dividend ratio of 20% during the company's growth phase[177]. Risks and Challenges - The company faces risks including a decline in the photovoltaic industry, long acceptance cycles, intensified market competition, and potential decreases in gross margin, which may affect the achievement of operational goals for 2024[3]. - The company emphasizes the importance of reading the full annual report, particularly regarding the outlined risk factors[3]. - The company's gross profit margin decreased by 7.79% due to increased cost-cutting demands from downstream customers and intensified competition in the photovoltaic market[62]. - The company acknowledges potential financial risks, including inventory and accounts receivable management challenges, which could impact profitability[125]. Market and Industry Trends - The global photovoltaic market is expected to grow, with new installations projected to reach 390 GW conservatively and potentially 430 GW optimistically in 2024[32]. - The domestic photovoltaic industry is expected to enter a consolidation phase in 2024, with leading manufacturers significantly increasing market concentration due to ongoing price declines in various product segments[33]. - The company operates in the intelligent manufacturing equipment sector, which is a key development direction in China's strategic emerging industries[25]. - The intelligent manufacturing equipment market in China is expected to exceed a 70% satisfaction rate by 2025, indicating strong growth potential[29]. - The diversification of photovoltaic applications is increasingly evident, with trends in water-solar, agriculture-solar, and fishery-solar integration gaining traction across various sectors[45]. Technological Advancements - The company has developed the latest HJT screen printing equipment, enhancing its supply capabilities for HJT battery production lines[35]. - The introduction of the "three reductions and one increase" solution in the HJT industry aims to reduce silver usage, busbar count, and silicon consumption while increasing efficiency and lifespan[36]. - The company has successfully upgraded its microcrystalline heterojunction high-efficiency battery mass production equipment, significantly improving light conversion efficiency[36]. - The company has achieved a leading position in the global solar cell screen printing equipment and HJT solar cell production line equipment sectors, breaking the import monopoly in the photovoltaic equipment field[56]. - The company has accumulated 344 patents and 134 software copyrights, reinforcing its core competitiveness and commitment to innovation in the photovoltaic equipment sector[53]. Research and Development - Research and development expenses amounted to 76,325,080 yuan, representing a year-on-year growth of 56.25% and accounting for 9.44% of operating revenue[63]. - The number of R&D personnel increased to 1,777 in 2023, a rise of 40.81% compared to 1,262 in 2022[93]. - The company has established four major laboratories to support its R&D efforts, including a high-efficiency solar cell laboratory and a component technology laboratory, enhancing its technological capabilities[53]. - The company is focusing on next-generation photovoltaic equipment, particularly HJT solar cell production lines, to meet the growing demand for high-efficiency solar cells as the market shifts towards cost reduction and efficiency improvement[52]. Environmental and Sustainability Efforts - The company adheres to national environmental laws and has established an environmental management system compliant with GB/T24001-2016/ISO14001:2015 standards[192]. - The company emphasizes low carbon emissions, low energy consumption, and biodiversity in its operational strategy[190]. - The company installed a distributed photovoltaic power generation system with a capacity of 4.77MW on its factory rooftops, generating approximately 1.71 million kWh of electricity in 2023, which reduced carbon emissions by about 1,704,800 kg[200]. - The company reported zero environmental pollution incidents, exceeding discharge limits, or government penalties in 2023[198]. Governance and Shareholder Engagement - The company emphasizes the importance of high-quality governance and has established a governance structure involving the shareholders' meeting, board of directors, supervisory board, and management[141]. - The company has conducted three temporary shareholders' meetings in 2023, with investor participation rates of 62.75%, 67.95%, and 55.56% respectively[144]. - The company has implemented measures to protect minority investors' rights and enhance their participation in governance[138]. - The company has established independent systems for assets, business, personnel, institutions, and finance, ensuring no interference from controlling shareholders[143].

Investment Rating - The report maintains a "Buy" rating for the company [2][3]. Core Views - The company achieved a revenue of 8.089 billion RMB in 2023, representing a year-on-year increase of 94.99%, and a net profit of 914 million RMB, up 6.03% year-on-year [2][5]. - In Q4 2023, the company reported a revenue of 2.982 billion RMB, a significant year-on-year increase of 163.23%, and a net profit of 200 million RMB, up 14.46% year-on-year [2]. - The company's gross margin for 2023 was 30.51%, down 7.80 percentage points year-on-year, while the net margin was 10.81%, down 9.06 percentage points year-on-year [2]. - The company is actively expanding into display panel and semiconductor packaging equipment markets, which is expected to open a second growth curve [2][5]. - The long-term outlook for profitability is positive as the HJT production lines mature, which is anticipated to significantly improve the company's profit levels [2]. Financial Summary - The company forecasts revenues of 11.761 billion RMB for 2024, with a growth rate of 45.40%, and a net profit of 1.331 billion RMB, reflecting a growth rate of 45.61% [5]. - The diluted earnings per share (EPS) are projected to be 4.767 RMB for 2024, 5.031 RMB for 2025, and 6.221 RMB for 2026, with corresponding price-to-earnings (P/E) ratios of 24.76, 23.46, and 18.97 respectively [2][5]. - The company's return on equity (ROE) is expected to improve from 12.84% in 2023 to 17.43% by 2026 [5].

Investment Rating - The investment rating for the company is "Buy" with a market price of RMB 114.60 and a sector rating of "Outperform" [1][4]. Core Views - The company reported a revenue of RMB 8.09 billion in 2023, representing a year-on-year growth of 94.99%, and a net profit of RMB 914 million, which is a 6.03% increase compared to the previous year [4][6]. - In Q1 2024, the company achieved a revenue of RMB 2.22 billion, marking a year-on-year growth of 91.80%, and a net profit of RMB 260 million, which is a 17.79% increase [4][7]. - The company is experiencing significant growth in photovoltaic equipment production and sales, with a total production of 28,413 units in 2023, up 147.72% year-on-year, and sales of 16,502 units, up 55.49% year-on-year [4][6]. - The company is positioned to benefit from the competitive cost structure of HJT technology, with a contract liability of RMB 8.455 billion, reflecting a year-on-year increase of approximately 96% [4][6]. Summary by Sections Financial Performance - In 2023, the company achieved a total revenue of RMB 8,088.55 million, with a gross profit of RMB 2,468.04 million and a net profit of RMB 913.90 million [6][9]. - The EBITDA for 2023 was RMB 808 million, with a net profit margin of 11.3% [10]. Revenue and Profit Forecast - The forecast for 2024 estimates a revenue of RMB 11,379 million, with a projected net profit of RMB 1,313 million, indicating a growth rate of 43.7% [5][9]. - The adjusted earnings per share (EPS) for 2024 is projected to be RMB 4.70, with a price-to-earnings (P/E) ratio of 24.4 [5][10]. Market Position and Growth Drivers - The company is one of the few that can provide complete production lines for HJT batteries, with significant clients including Anhui Huasheng and Reliance Industries [4][6]. - The company is actively working on cost reduction technologies for HJT, which is expected to enhance its growth potential in the photovoltaic sector [4][6].