国金证券股份有限公司 关于深圳欧陆通电子股份有限公司 开展外汇套期保值业务的核查意见 国金证券股份有限公司（以下简称"国金证券"或"保荐机构"）作为深圳 欧陆通电子股份有限公司（以下简称"欧陆通"或"公司"） 向不特定对象发 行可转换公司债券的保荐机构，根据《证券发行上市保荐业务管理办法》、 《深圳证券交易所创业板股票上市规则》、《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》及《深圳证券交易所上市公司 信息披露指引第13号--保荐业务》等有关规定，对欧陆通开展外汇套期保值 业务的事项进行了核查，具体情况如下： 一、开展外汇套期保值业务的交易情况概述 （一）交易目的 为有效防范公司及子公司开展境外业务等所产生的外币收付汇结算等过程 中外币汇率大幅波动的风险，提高外汇资金使用效率，在不影响公司主营业务 发展、合理安排资金使用的前提下，公司及子公司拟与有关政府部门批准、具 有相关业务经营资质的银行等金融机构开展外汇套期保值业务。公司开展的外 汇套期保值业务与生产经营紧密相关，能进一步提高应对外汇波动风险的能力， 更好地防范外汇汇率波动风险，增强财务稳健性。 （二）主要涉及币种及业务品种 公 ...

深圳欧陆通电子股份有限公司 2024 年度募集资金存放与实际使用情况鉴 证报告 天职业字[2025]19185-2 号 目录 2024 年度募集资金存放与实际使用情况鉴证报告 1 关于 2024 年度募集资金存放与实际使用情况的专项报告 3 关于 2024 年度募集资金存放与实际使用情况的鉴证报告 天职业字[2025]19185-2 号 深圳欧陆通电子股份有限公司全体股东： 我们审核了后附的深圳欧陆通电子股份有限公司（以下简称"深圳欧陆通"）《深圳欧陆 通电子股份有限公司 2024 年度募集资金存放与实际使用情况的专项报告》。 一、管理层的责任 深圳欧陆通管理层的责任是按照中国证监会《上市公司监管指引第 2 号——上市公司募 集资金管理和使用的监管要求》、深圳证券交易所颁布的《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》及相关公告格式规定编制《深圳欧陆通电子股份有限 公司 2024 年度募集资金存放与实际使用情况的专项报告》，并保证其内容的真实、准确、完 整，不存在虚假记载、误导性陈述或重大遗漏。 二、注册会计师的责任 我们的责任是按照《中国注册会计师其他鉴证业务准则 3101 号 ...

深圳欧陆通电子股份有限公司 2024 年度独立董事述职报告 各位股东及股东代表： 本人李志伟作为深圳欧陆通电子股份有限公司（以下简称"公司"）独 立董事，在 2024 年度严格按照《公司法》《上市公司独立董事管理办法》 《上市公司治理准则》等法律法规、规范性文件以及《公司章程》的规定 和要求，认真、勤勉、独立的履行职责，积极出席相关会议，认真审议董 事会各项议案，充分发挥了独立董事及各专门委员会委员的作用，切实维 护了公司和全体股东的利益。现将本人 2024 年度任职期间履行独立董事职 责情况汇报如下： 一、基本情况 （一）独立董事工作履历 本人李志伟、男，1980 年 7 月出生，中国国籍，无境外永久居留权，厦门 大学管理学（会计学）博士，中国注册会计师协会非执业会员，正高级会计师。 2018 年 5 月至 2021 年 2 月于深圳市资本运营集团有限公司任财务部副部 长；2021 年 3 月至 2022 年 5 月于深圳市环水投资集团有限公司任财务总监； 2022 年 6 月加入电连技术股份有限公司，并于 2022 年 9 月至 2025 年 2 月于 电连技术股份有限公司任财务负责人，2023 年 9 ...

深圳欧陆通电子股份有限公司董事会 董事会 关于 2024 年度独立董事独立性自查情况的专项报告 2025 年 4 月 22 日 根据证监会《上市公司独立董事管理办法》《深圳证券交易所创业板股票上 市规则》《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》等要求，深圳欧陆通电子股份有限公司（以下简称"公司"）董事会， 就公司独立董事杨小平先生、李志伟先生、游晓女士的独立性情况进行评估并出 具如下专项意见： 经核查独立董事杨小平先生、李志伟先生、游晓女士的任职经历以及签署的 相关自查文件，上述人员在 2024 年度任职期间均能够胜任独立董事的职责要求， 未在公司担任除独立董事以外的任何职务，也未在公司主要股东公司担任任何职 务，与公司以及主要股东之间不存在利害关系或其他可能妨碍其进行独立客观判 断的关系，不存在违反独立董事独立性要求的情形，因此，公司独立董事符合《上 市公司独立董事管理办法》《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》中对独立董事任职资格及独立性的相关要求。 深圳欧陆通电子股份有限公司 ...

2024 年度独立董事述职报告 各位股东及股东代表： 本人游晓作为深圳欧陆通电子股份有限公司（以下简称"公司"）独立 董事，在 2024 年度严格按照《公司法》《上市公司独立董事管理办法》《上 市公司治理准则》等法律法规、规范性文件以及《公司章程》的规定和要 求，认真、勤勉、独立的履行职责，积极出席相关会议，认真审议董事会 各项议案，充分发挥了独立董事及各专门委员会委员的作用，切实维护了 公司和全体股东的利益。现将本人 2024 年度履行独立董事职责情况汇报如 下： 一、基本情况 （一）独立董事工作履历 本人游晓，1981 年出生，中国国籍，无境外永久居留权。毕业于武汉 大学法学专业，本科学历。 2006 年 3 月至 2006 年 12 月，任广东晟典律师 事务所律师助理；2007 年 1 月至 2013 年 10 月，任北京市中伦（深圳）律 师事务所律师；2013 年 11 月至 2015 年 7 月，任北京大成（深圳）律师事 务所合伙人；2015 年 7 月至 2020 年 6 月，任上海市锦天城（深圳）律师事 务所高级合伙人；2020 年 6 月至今，任北京市中伦（深圳）律师事务所合 伙人，2020 ...

深圳欧陆通电子股份有限公司 2024 年度独立董事述职报告 各位股东及股东代表： 本人杨小平作为深圳欧陆通电子股份有限公司（以下简称"公司"）独 立董事，在 2024 年度严格按照《公司法》《上市公司独立董事管理办法》 《上市公司治理准则》等法律法规、规范性文件以及《公司章程》的规定 和要求，认真、勤勉、独立的履行职责，积极出席相关会议，认真审议董 事会各项议案，充分发挥了独立董事及各专门委员会委员的作用，切实维 护了公司和全体股东的利益。现将本人 2024 年度履行独立董事职责情况汇 报如下： 一、基本情况 （一）独立董事工作履历 本人杨小平，1969 年生，中国国籍，无境外永久居留权，会计硕士， 注册会计师、高级会计师、高级审计师。现任深圳市新国都股份有限公司 独立董事、深圳永信瑞和会计师事务所（特殊普通合伙）合伙人；2022 年 12 月至今，任深圳朗特智能控制股份有限公司独立董事；2023 年 9 月至今， 任公司独立董事。 （二）独立性说明 作为公司的独立董事，本人未在公司担任除独立董事以外的任何职务，也未 在公司主要股东公司担任任何职务，与公司以及主要股东之间不存在妨碍本人进 行独立客观判断的关系 ...

Financial Performance - The company's operating revenue for 2024 reached ¥3,797,533,142.40, representing a 32.32% increase compared to ¥2,869,998,960.72 in 2023[20]. - Net profit attributable to shareholders for 2024 was ¥267,988,609.87, a 36.92% increase from ¥195,731,160.07 in 2023[20]. - The net profit after deducting non-recurring gains and losses was ¥256,293,199.49, showing a significant increase of 272.97% from ¥68,717,093.34 in 2023[20]. - The total assets at the end of 2024 amounted to ¥5,322,208,927.88, which is a 41.94% increase from ¥3,749,607,108.44 at the end of 2023[20]. - The basic earnings per share for 2024 was ¥2.69, up 39.38% from ¥1.93 in 2023[20]. - The company's gross margin for the reporting period was 21.36%, an increase of 1.64 percentage points year-on-year[58]. - Operating expenses decreased by 4.14% to CNY 443 million, with an expense ratio of 11.66%, down 4.44 percentage points year-on-year[59]. - EBITDA for the reporting period was CNY 478 million, reflecting a year-on-year growth of 31.68%[60]. - The net profit attributable to shareholders was CNY 268 million, up 36.92% year-on-year, with a net profit margin of 7.06%[60]. Dividend Distribution - The company plans to distribute a cash dividend of 5.93 RMB per 10 shares (including tax) to all shareholders, with no bonus shares issued[3]. - The cash dividend for 2024 is proposed at 5.93 yuan per 10 shares, totaling 62,117,615.19 yuan, which is 23.18% of the net profit[197]. - The proposed cash dividend for the 2023 fiscal year is 3.40 yuan per 10 shares, totaling 33,845,198.00 yuan[191]. - For the 2024 semi-annual profit distribution, the proposed cash dividend is 3.07 yuan per 10 shares, totaling 30,560,222.90 yuan[192]. Business Operations and Strategy - The company has subsidiaries in various regions, including Hong Kong, Vietnam, and the United States, indicating a broad operational footprint[13]. - The company focuses on the power supply sector, primarily engaged in the R&D, production, and sales of switch power supply products, with applications in various fields including office electronics and data centers[44]. - The company has established partnerships with major clients such as LG, HP, and Google, enhancing its brand influence and market position in the power supply industry[42]. - The company is committed to continuous improvement in R&D and quality management to maintain its competitive edge in the power supply manufacturing industry[50]. - The company plans to continue exploring new product development and market expansion, particularly in the electric vehicle charging sector[66]. Research and Development - The company has a strong R&D team with 22 invention patents, 152 utility model patents, and 26 design patents, enhancing its technical innovation capabilities[52]. - The company has established a comprehensive R&D system and standards, resulting in a layered R&D model that balances efficiency and precision, enhancing customer satisfaction and competitiveness[49]. - R&D expenditure for 2024 is projected at approximately ¥212.59 million, representing 5.60% of operating revenue, down from 8.02% in 2023[82]. - The company is currently developing a high-efficiency 3400W server power supply with a peak efficiency of 96%, targeting data center clients[81]. - The company has completed the development of a new AC/DC, AC-AC smart communication power supply with a power range of 1250W to 4000W, aimed at expanding into other power source markets[80]. Market Trends and Projections - The company is positioned in the power supply industry, which is expected to grow from ¥183.2 billion in 2020 to ¥253.2 billion by 2025, with a compound annual growth rate of 5.5%[30]. - The demand for switch power supplies is projected to continue growing, particularly in industrial automation, communication equipment, and consumer electronics[31]. - The global server market revenue reached a record $77.3 billion in Q4 2024, a 91% year-over-year increase, with the total market size for the year surpassing $235.7 billion, nearly doubling since 2020[35]. - The global electric tool shipment is forecasted to grow by 24.8% in 2024, reaching 570 million units, contributing to a market size of $56.64 billion[39]. - The global AI server market is expected to grow from $125.1 billion in 2024 to $158.7 billion in 2025, with generative AI servers increasing their market share from 29.6% in 2025 to 37.7% by 2028[37]. Governance and Management - The company has established a governance structure that includes a general meeting, board of directors, supervisory board, and management team[144]. - The board of directors consists of 9 members, including 3 independent directors, and held 7 meetings during the reporting period[147]. - The supervisory board comprises 3 members, including 1 employee representative, and held 6 meetings to oversee compliance and performance[149]. - The company emphasizes information disclosure and investor relations, ensuring timely and accurate communication with shareholders[150]. - The company maintains independence from its controlling shareholder in terms of operations, personnel, assets, and finances[152]. Financial Management and Investments - The company reported a loss from investments of ¥24,376,062.29, which constituted -8.12% of total profit, indicating non-sustainable income sources[89]. - The total amount of funds raised from the initial public offering in 2020 was RMB 931,293,000, with a net amount of RMB 849,089,824 after deducting issuance costs[108]. - The company issued 6,445,265 convertible bonds in 2024, raising a total of RMB 644,526,500, with a net amount of RMB 632,419,865.56 after expenses[109]. - The company has committed to specific projects using the raised funds, with ongoing assessments of their feasibility and progress[110]. - The company plans to enhance its foreign exchange risk management strategies to mitigate market volatility impacts[102]. Employee and Training Programs - The employee training program focuses on developing management and technical personnel, with a structured approach to talent cultivation[189]. - The company has established a fair assessment mechanism to improve organizational efficiency through performance evaluations[187]. - The total number of employees at the end of the reporting period is 4,832, with 1,410 in the parent company and 3,422 in major subsidiaries[186]. - The company has increased its R&D personnel to 686, a 19.30% increase from 575 in the previous year[82]. Future Outlook - The company has set a future outlook with a revenue guidance of $6 billion for the next fiscal year, indicating a growth of 20%[136]. - New product launches are expected to contribute an additional $300 million in revenue over the next two quarters[137]. - The company plans to enhance its supply chain efficiency, aiming for a 15% reduction in operational costs by next year[137]. - Market expansion plans include entering three new international markets by the end of the year, projected to increase market share by 10%[137]. - The company is exploring potential mergers and acquisitions to bolster its market position and expand its product offerings[111].

Group 1 - The company reported a revenue of 3.798 billion yuan for 2024, representing a year-on-year growth of 32.32% [1] - The net profit attributable to shareholders of the listed company was 268 million yuan, showing a year-on-year increase of 36.92% [1] - The company plans to distribute a cash dividend of 5.93 yuan (including tax) for every 10 shares to all shareholders, with no bonus shares issued [1]

Investment Rating - Industry rating: Recommended [5] Core Viewpoints - The ongoing tariff war between the US and China has intensified, with the US imposing a 34% tariff on Chinese imports, prompting China to respond with similar tariffs, which accelerates the domestic innovation and localization process in the technology sector [1][3][14] - The Chinese government emphasizes "technological self-reliance" as a core agenda, with policies aimed at enhancing key technology breakthroughs and increasing investment in basic research, which supports the growth of the domestic technology industry [2][26] - The tariff situation has led to significant market volatility, with the Chinese stock market experiencing a drop of over 7% in a single day, but state-owned enterprises have stepped in to stabilize the market through share buybacks and acquisitions [3][32] Summary by Sections 1. Changes in Foreign Tariff Policies - The US has implemented a "reciprocal tariff" policy, raising tariffs on Chinese goods, which has increased the cost of imported high-end components for the Chinese tech industry, particularly in hardware sectors like chips and servers [1][14][19] - The tariff war has created short-term challenges for the domestic innovation industry, but it also accelerates the push for domestic alternatives and self-sufficiency in technology [19][35] 2. Policy Promotion of Self-Reliance - The Chinese government has introduced measures to strengthen key technology research and optimize the layout of scientific research resources, aiming to create a trillion-level domestic innovation industry cluster by 2027 [2][28] - Local governments are also implementing supportive policies to promote domestic technology development, focusing on areas such as artificial intelligence and software ecosystems [28][30] 3. Corporate Actions and Domestic Tariff Responses - In response to the tariff war, state-owned enterprises have increased share buybacks to bolster market confidence, with 18 central enterprises taking action to stabilize the market [3][32] - The domestic chip market is benefiting from the increased prices of imported chips, highlighting the competitive advantage of domestic alternatives [3][31] 4. Investment Recommendations - Beneficial targets include core domestic innovation companies such as China Software, China Great Wall, and Dongfang Tong, as well as domestic computing and chip firms like Tuwei Information and Haiguang Information [4][39]

深圳欧陆通电子股份有限公司 关于债券持有人可转债持有比例变动达 10%的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 一、可转换公司债券基本情况及配售情况 证券代码：300870 证券简称：欧陆通 公告编号：2025-015 债券代码：123241 债券简称：欧通转债 经中国证券监督管理委员会出具的《关于同意深圳欧陆通电子股份有限公司 向不特定对象发行可转换公司债券注册的批复》（证监许可〔2024〕219 号）同 意注册，深圳欧陆通电子股份有限公司（简称"公司"）向不特定对象发行可转 换公司债券（简称"可转债"）6,445,265 张，每张面值为人民币 100 元，募集 资金总额为人民币 644,526,500.00 元。 | 称 | （张） | 比例 | | （张） | 比例 | （张） | 比例 | | --- | --- | --- | --- | --- | --- | --- | --- | | 格诺 | 1,851,000 | | 28.72% | -750,000 | 11.64% | 1,101,000 | 17.08% | | 利 | ...