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 向不特定对象发行可转换公司债券 之 发行保荐书 保荐人（主承销商） （成都市青羊区东城根上街 95 号） 二零二三年九月 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之发行保荐书 声明 本保荐机构及保荐代表人根据《中华人民共和国公司法》《中华人 民共和国证券法》《上市公司证券发行注册管理办法》《证券发行上市 保荐业务管理办法》等有关法律、行政法规和中国证券监督管理委员会 的规定，诚实守信，勤勉尽责，严格按照依法制订的业务规则、行业执 业规范和道德准则出具本发行保荐书，并保证所出具文件的真实性、准 确性和完整性。 3-1-1 | 声明 | 1 | | --- | --- | | 目录 | 2 | | 释义 | 3 | | 第一节本次证券发行基本情况 | 4 | | 一、保荐机构项目人员情况 | 4 | | 二、发行人基本情况 | 5 | | 三、保荐机构及其关联方与发行人及其关联方之间的利害关系及主要业务往来情 | | | 况 | 5 | | 四、保荐机构内部审核程序和内核意见 | 6 | | 五、关于有偿聘请第三方机构和个人等相关行为的核查 | ...

关于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审核问询 函的回复 天职业字[2023]45605 号 深圳证券交易所： 根据贵所于 2023 年 8 月 17 日出具的《关于深圳欧陆通电子股份有限公司申 请向不特定对象发行可转换公司债券的审核问询函》（审核函〔2023〕020125 号）（以下简称"审核问询函"），深圳欧陆通电子股份有限公司（以下简称"欧 陆通"、"发行人"、"公司"）与保荐机构国金证券承销保荐有限公司（以下简称"保 荐机构"、"保荐人"）、广东信达律师事务所（以下简称"发行人律师"）、天职 国际会计师事务所（特殊普通合伙）（以下简称"发行人会计师"）等相关方对审 核问询函所涉及的问题认真进行了逐项核查和落实，同时按照审核问询函的要求 对《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募集说明 书》（以下简称"募集说明书"）进行了修订，现回复如下，请予以审核。 如无特别说明，本回复报告使用的简称与募集说明书中的释义相同。 | 审核问询函所列问题 | 黑体（不加粗） | | --- | --- | | 审核问询函所列问题的回复 | 宋体（不加粗） | | 涉及对募集说明书 ...

Financial Performance - In the first half of 2023, the company reported a revenue of CNY 1.295 billion, a decrease of 4.85% year-on-year. However, the second quarter revenue reached CNY 776 million, an increase of 4.78% year-on-year and a 49.56% quarter-on-quarter growth, marking a new quarterly revenue high [3] - The gross profit margin improved to 19.40%, up by 4.55 percentage points year-on-year [3] - The net profit for the first half of 2023 was CNY 7.08 million, a 33.67% increase year-on-year, with a net profit margin of 0.55% [3] - Excluding stock incentive expenses, the operating net profit was CNY 47.10 million, a 21.94% increase year-on-year, with an operating net profit margin of 3.64% [4] Expense Overview - Total expenses for the first half of 2023 amounted to CNY 232 million, with an expense ratio of 17.92%, an increase of 3.77 percentage points year-on-year [3] - R&D expenses were CNY 112 million, a 23.81% increase year-on-year, representing 8.63% of revenue [3] Business Segment Performance Power Adapters - Revenue from power adapters was CNY 814 million, down 13.59% year-on-year, but second-quarter revenue was CNY 463 million, up 31.84% quarter-on-quarter [4] - The gross profit margin for this segment was 19.21%, an increase of 6.06 percentage points year-on-year [4] Server Power Supplies - Revenue from server power supplies reached CNY 280 million, a 20.21% increase year-on-year, with second-quarter revenue of CNY 197 million, up 44.66% year-on-year and 140.50% quarter-on-quarter [5] - The gross profit margin for server power supplies was 19.74%, up 1.75 percentage points year-on-year [7] Other Power Supplies - Revenue from other power supplies was CNY 197 million, a 7.39% increase year-on-year [5] - The gross profit margin remained stable at 18.67% [5] Market Strategy and Future Outlook - The company is focusing on expanding its market share in high-power server power supplies and has established relationships with major clients in the industry [5] - Plans to enhance overseas market presence, particularly in Taiwan and the USA, are underway [8] - The company is actively pursuing a convertible bond issuance to support its growth initiatives [8]

Financial Performance - The company's operating revenue for the first half of 2023 was ¥1,295,323,159.35, a decrease of 4.85% compared to ¥1,361,389,268.00 in the same period last year[27]. - Net profit attributable to shareholders increased by 57.67% to ¥8,351,635.88, up from ¥5,296,745.56 in the previous year[27]. - The net profit after deducting non-recurring gains and losses was ¥31,507,265.29, a significant increase of 954.42% compared to a loss of ¥3,687,558.95 in the same period last year[27]. - The net cash flow from operating activities was ¥184,333,183.19, a turnaround from a negative cash flow of ¥77,412,332.14, representing an increase of 338.12%[27]. - Basic and diluted earnings per share rose by 60.00% to ¥0.08, compared to ¥0.05 in the previous year[27]. - Total assets at the end of the reporting period were ¥3,519,156,931.21, reflecting a growth of 5.41% from ¥3,338,609,904.93 at the end of the previous year[27]. - Net assets attributable to shareholders increased by 3.11% to ¥1,677,848,588.80, compared to ¥1,627,266,445.12 at the end of the previous year[27]. - The weighted average return on net assets was 0.51%, up from 0.32% in the previous year, indicating improved profitability[27]. Revenue Breakdown - The company achieved operating revenue of 1.295 billion CNY in the first half of 2023, a year-on-year decrease of 4.85% due to weak consumer demand in the global market[37]. - Gross profit reached 251 million CNY, representing a year-on-year increase of 24.32%, with a gross margin of 19.40%, up 4.55 percentage points from the previous year[37]. - The company reported a net profit of 7.08 million CNY for the first half of 2023, an increase of 33.67%, with a net profit margin of 0.55%[37]. - The company’s EBITDA for the reporting period was 86.76 million CNY, reflecting a year-on-year growth of 12.94%[37]. - The company's revenue from server power supplies reached 280 million yuan in the first half of 2023, representing a year-on-year growth of 20.21%[42]. - The revenue from power adapters was 814 million yuan, down 13.59% year-on-year, while the gross profit increased by 26.28% to 156 million yuan, with a gross margin of 19.21%[41]. - Revenue from other power supply businesses was 197 million yuan, an increase of 7.39% year-on-year, driven by growth in portable energy storage devices and battery chargers for electric vehicles[47]. Research and Development - Research and development expenses increased by 23.81% year-on-year to 112 million CNY, with a research expense ratio of 8.63%[37]. - The company holds a total of 11 invention patents, 152 utility model patents, 30 design patents, and 69 software copyrights as of June 30, 2023, showcasing its strong R&D capabilities[53]. - Investment in R&D increased by 30% compared to the previous year, focusing on new technologies in electronic components[101]. - Research and development expenses accounted for 5.1% of total revenue, highlighting the company's commitment to innovation[198]. Market Expansion and Strategy - The company is actively expanding into overseas markets, establishing sales teams in Taiwan and the United States, and has begun to engage with major cloud service providers in North America[43]. - The company plans to continue expanding its market share in the power supply sector by enhancing product offerings and optimizing customer structure[39]. - The company plans to expand its market presence in Southeast Asia, targeting a 10% market share by the end of 2024[100]. - The company is exploring potential mergers and acquisitions to strengthen its market position and diversify its product offerings[161]. Cost Management - Operating costs decreased by 9.94% to ¥1,044,019,887.87 from ¥1,159,253,869.45, indicating improved cost management[56]. - The gross margin for power adapters was 19.21%, while server power supplies achieved a gross margin of 19.74%, reflecting healthy profitability in these segments[58]. - The company is committed to optimizing its cost structure to minimize the impact of material price fluctuations and labor cost increases[96]. Shareholder and Corporate Governance - The company plans not to distribute cash dividends or issue bonus shares for this reporting period[6]. - The company approved the repurchase and cancellation of 18,000 restricted stocks, which accounted for 0.0177% of the total share capital before the repurchase, reducing the total share capital from 101,770,000 shares to 101,752,000 shares[107]. - The company has not experienced any changes in its board of directors, supervisors, or senior management during the reporting period[105]. - The company has not faced any administrative penalties related to environmental issues during the reporting period[113]. Risks and Challenges - Future operational plans and targets are subject to market conditions and uncertainties, highlighting potential risks[5]. - The company is facing market risks due to potential fluctuations in demand from downstream industries, which could lead to reduced orders[93]. - The company is exposed to foreign exchange risks as its export business primarily settles in USD and HKD, and it will implement hedging strategies to manage this risk[95]. - The company acknowledges the potential impact of uncontrollable factors on its overseas business and is prepared to adapt to external changes[97]. User Engagement and Customer Satisfaction - User data showed an increase in active users, contributing to the overall revenue increase[196]. - Customer satisfaction ratings improved to 90%, reflecting the effectiveness of recent service enhancements[100]. - User data indicates a growth in active users, contributing to the overall revenue increase[196].

证券代码：300870 证券简称：欧陆通 公告编号：2023-047 深圳欧陆通电子股份有限公司 公司本次向不特定对象发行可转换公司债券事项尚需通过深交所审核，并 获得中国证券监督管理委员会（以下简称"中国证监会"）作出同意注册的决 定后方可实施，最终能否通过深交所审核，并获得中国证监会作出同意注册的 决定及其时间尚存在不确定性。公司将根据该事项的进展情况，按照有关规定 和要求及时履行信息披露义务，敬请广大投资者注意投资风险。 特此公告。 深圳欧陆通电子股份有限公司董事会 2023 年 8 月 18 日 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。 深圳欧陆通电子股份有限公司（以下简称"公司"）于 2023 年 8 月 17 日 收到深圳证券交易所（以下简称"深交所"）出具的《关于深圳欧陆通电子股 份有限公司申请向不特定对象发行可转换公司债券的审核问询函》（审核函 〔2023〕020125 号），深交所上市审核中心对公司向不特定对象发行可转换公 司债券的申请文件进行了审核，并形成审核问询问题。 公司将按照审核问询函的要求，会同相关中介机构逐项落实审核问询问题 ...

关于深圳欧陆通电子股份有限公司申请向不特 定对象发行可转换公司债券的审核问询函 审核函〔2023〕020125 号 深圳欧陆通电子股份有限公司： 权激励确认股份支付 2,498.82 万元、675.95 万元，发行人认为 剔除股权激励摊销费用影响，公司盈利能力逐步增强。但 2023 年一季度业绩明显低于 2020 和 2021 年同期。报告期内母公司利 润水平较高，部分子公司因业务发展处于前期阶段，研发及固定 资产等投入金额较大，子公司形成亏损，影响公司整体盈利水平。 截至报告期末，发行人交易性金融资产账面余额 12,352.87 万元， 长期股权投资包括深圳市航城企业总部管理有限公司，均未认定 为财务性投资。2023 年 2 月，金禄电子科技股份有限公司因买卖 合同纠纷向深圳市宝安区人民法院起诉，要求发行人继续履行接 收货物的义务并支付货款合计 165.29 万元及利息。2021 年 1 月 6 日，深圳市宝安区应急管理局作出"（深宝）应急罚[2021]2 号" 《行政处罚决定书》，认为发行人现任监事王恒作为公司仓库主 要负责人存在履行安全生产管理职责不到位的情形，对其处以罚 款 65,874.21 元。 ...

证券代码：300870 证券简称：欧陆通 深圳欧陆通电子股份有限公司 投资者关系活动记录表 编号：（2023-008） 特定对象调研 □分析师会议 □媒体采访 业绩说明会 投资者关系活动 □新闻发布会 路演活动 类别 □现场参观 其他 开源证券、彤源投资、国盛安保基金、开源思创投资、中海 基金、开源证券、东吴基金、德邦证券、泰信基金、德邦证 券、恒越基金、长鸿资本、前海鸿富、博亚投资、涌君投 资、德邦证券、华宝基金、天风证券、IMR、新华基金、WT asset、东方基金、东方阿尔法基金、海通证券、国联安基 金、宝盈基金、国泰基金、首创证券、西部证券、leader asset，恒瑞私募、瑞圣源私募、世诚投资、锐天投资、招 参与单位名称 商证券、东北证券、太平基金、德邦基金、东吴证券、国信 弘盛、歌汝私募、常瑜资本、驾腾资产、DYMON、长江养 老、国海富兰克林基金、东吴证券、浦银安盛基金、中融信 托、国泰基金、安信证券、国海富兰克林基金、苓茏投资、 玖歌投资、中道投资、景和资产、长信基金、永赢基金、兴 业基金、华泰柏瑞基金、SVI 基金、群益投信、新光投信、 凯基投顾、国金证券、华商基金、中信建投证券等 时间 ...

证券代码：300870 证券简称：欧陆通 深圳欧陆通电子股份有限公司 投资者关系活动记录表 编号：（2023-007） 特定对象调研 □分析师会议 □媒体采访 业绩说明会 投资者关系活动 □新闻发布会 路演活动 类别 □现场参观 其他 银河基金、海通证券、博时基金、德邦基金、太保资产、华 创证券、华安基金、中信保诚基金、东北证券、光大资管、 域秀资本、浙商资管、同泰基金、兴合基金、博时基金、德 参与单位名称 邦资管、鹏扬基金、星石投资、国联证券、华福证券、国海 富兰克林基金、中金公司、鸿衍投资、海雅金控、国寿养 老、信达澳亚基金、信达证券、西部证券等 时间 2023 年 5 月 8 日-5 月 12 日 地点 深圳、上海、北京、西安 上市公司接待人 投资者关系总监 蔡丽琳 员姓名 投资者关系经理 许业凯 1、公司 2023 年一季度业绩情况？ 受全球消费市场需求持续疲软等因素影响，公司 2023 年 第一季度营业收入为 5.19 亿元，同比下降 16.36%；净利润为 投资者关系活动 129.47 万元，同比扭亏；剔除股权激励费用影响，经营性净 主要内容介绍 利润为 805.42 万元；毛利率为 19.48% ...

Financial Performance - The company's operating revenue for Q1 2023 was ¥519,050,617.70, a decrease of 16.36% compared to ¥620,559,908.78 in the same period last year[5] - Net profit attributable to shareholders was ¥1,728,427.51, an increase of 105.88% from a loss of ¥29,411,535.28 in the previous year[5] - Basic earnings per share improved to ¥0.02 from a loss of ¥0.29, marking a 106.90% increase[5] - Total operating revenue for Q1 2023 was CNY 519,050,617.70, a decrease of 16.3% compared to CNY 620,559,908.78 in the same period last year[22] - In Q1 2023, the company reported a net profit of CNY 1,294,716.06, a significant recovery from a net loss of CNY 29,411,535.28 in the same period last year[23] - The company recorded a total comprehensive loss of CNY -1,466,565.37, compared to a loss of CNY -29,765,814.31 in the previous year, reflecting improved financial health[24] - Basic and diluted earnings per share were both CNY 0.02, recovering from a loss of CNY -0.29 per share in the same quarter last year[24] - The company's total operating profit was CNY 3,112,795.46, a significant improvement from an operating loss of CNY -28,025,127.52 in the previous year[23] Cash Flow and Liquidity - The net cash flow from operating activities was ¥143,956,380.13, representing a significant increase of 216.20% compared to a negative cash flow of ¥123,882,792.91 in the same period last year[10] - The net cash flow from financing activities was ¥6,026,070.77, a 109.71% increase compared to a negative cash flow of ¥62,086,486.27 in the previous year[10] - The company's cash and cash equivalents increased to CNY 540,664,293.80 from CNY 517,773,386.98, an increase of 4.3%[19] - The cash and cash equivalents at the end of the period increased to CNY 450,711,987.32 from CNY 343,319,058.95, indicating improved liquidity[27] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,356,973,777.77, a slight increase of 0.55% from ¥3,338,609,904.93 at the end of the previous year[5] - Total liabilities rose to CNY 1,723,733,958.87 from CNY 1,710,663,034.77, indicating a growth of 0.8%[20] - Non-current assets totaled CNY 1,430,047,562.53, up from CNY 1,407,927,436.08, reflecting a growth of 1.6%[19] - Short-term borrowings decreased to CNY 196,141,833.35 from CNY 200,546,763.89, a decline of 2.0%[20] Shareholder Information - The total number of common shareholders at the end of the reporting period is 8,711[12] - The top two shareholders, Shenzhen Wangyue Wang Investment Partnership and Shenzhen Genoli Information Consulting Co., hold 28.73% each, totaling 29,234,023 shares[12] - The company has a total of 62,673,277 restricted shares, with 18,000 shares released during the period[15] - The company repurchased 1.6553 million shares, accounting for 1.63% of the total share capital, with a total transaction amount of RMB 62.6007 million[16] - The maximum transaction price for the repurchased shares was RMB 50.33 per share, while the minimum was RMB 31.15 per share[16] - The company plans to release 552,000 shares from the equity incentive plan, which are subject to annual unlocking[15] - The company has a total of 570,000 shares under equity incentive restrictions, with 18,000 shares released during the period[15] Expenses - Management expenses decreased by 44.14% to ¥29,270,527.21, primarily due to reduced stock incentive amortization expenses[9] - Financial expenses surged by 216.09% to ¥11,733,537.76, attributed to increased foreign exchange losses from a decline in the US dollar exchange rate[9] - The company’s financial expenses rose to CNY 11,733,537.76, compared to CNY 3,712,138.33 in the previous year, primarily due to increased interest expenses[23] - Research and development expenses increased to CNY 49,681,537.72, up from CNY 43,040,587.24 year-over-year, indicating a focus on innovation[23] Business Outlook and Developments - The company has not disclosed any new product or technology developments in this report[13] - There are no indications of market expansion or mergers and acquisitions mentioned in the report[13] - The company has not provided specific future outlook or performance guidance in this report[13] - The company plans to continue focusing on market expansion and new product development to drive future growth[23]

Group 1: Company Overview and Financial Performance - The company reported a significant increase in R&D expenses in 2022, primarily due to the expansion of the R&D team and new equipment depreciation [3] - The company's overseas sales revenue in 2022 was 1.428 billion yuan, accounting for 52.81% of total revenue [4] - The revenue from the server power supply business was 597 million yuan, representing 22.07% of the company's total revenue, making it the second-largest business segment [4] Group 2: Product Development and Market Position - The company has introduced immersion liquid cooling solutions, achieving an overall efficiency of over 97% with the ATS component [3] - The server power supply products cover a power range from 60W to 30kW, applicable to various data center equipment [6] - The company is actively responding to the trend of domestic substitution in the server power supply market, which has become a significant development opportunity [5] Group 3: Operational Challenges and Strategic Responses - The company's operating cash flow decreased by 15.2% in 2022 compared to 2021, attributed to increased employee compensation, tax payments, and procurement costs [6] - The company has strategically reduced inventory due to rapid raw material price increases in 2021, leading to a decrease in inventory levels as sales revenue grew in 2022 [4] - The company is facing competition in the server power supply sector from major players such as Delta, Lite-On, and China Great Wall [5]