国浩律师（杭州）事务所 关 于 超捷紧固系统（上海）股份有限公司 2025 年第二次临时股东大会的 法律意见书 地址：杭州市上城区老复兴路白塔公园 B 区 2 号、15 号国浩律师楼 邮编：310008 Grandall Building, No.2＆No.15, Block B, Baita Park, Old Fuxing Road, Hangzhou, Zhejiang 310008, China 电话/Tel: (+86)(571) 8577 5888 传真/Fax: (+86)(571) 8577 5643 电子邮箱/Mail：grandallhz@grandall.com.cn 网址/Website：http://www.grandall.com.cn 二〇二五年十一月 国浩律师（杭州）事务所 关于超捷紧固系统（上海）股份有限公司 2025 年第二次临时股东大会的 法律意见书 致：超捷紧固系统（上海）股份有限公司 国浩律师（杭州）事务所（以下简称"本所"）接受超捷紧固系统（上海）股 份有限公司（以下简称"公司"）委托指派律师出席公司 2025 年第二次临时股东大 会（以下简称"本次股东大会"），并 ...

证券代码：301005 证券简称：超捷股份 公告编号：2025-059 超捷紧固系统（上海）股份有限公司 第七届董事会第一次会议决议公告 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、董事会会议召开情况 超捷紧固系统（上海）股份有限公司（以下简称"公司"）第七届董事会第 一次会议于2025年11月13日以现场结合通讯表决方式在上海市嘉定区丰硕路100 弄39号公司会议室召开。在公司2025年第二次临时股东大会选举产生第七届董事 会成员后，经全体董事同意，豁免会议通知方式及时限的要求，会议通知于当日 以电话、微信、口头的方式发出。本次会议应出席董事6名，实际参与表决董事6 名。 全体董事共同推举宋广东先生召集和主持本次会议，公司高级管理人员列席 了会议。本次会议的召开符合《公司法》和《公司章程》等相关法律法规的有关 规定，会议合法、有效。 二、董事会会议审议情况 1、审议并通过《关于选举公司第七届董事会董事长的议案》 表决结果：同意 6 票，反对 0 票，弃权 0 票。 根据《公司法》《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 ...

Group 1: Automotive Business Overview - The company focuses on the R&D, production, and sales of high-strength precision fasteners and special connectors, primarily used in automotive key components such as turbocharging systems and exhaust systems [2] - The automotive business capacity layout includes bases in Shanghai, Wuxi, and Zhenjiang, which can meet the demand for the next three to five years [2] - The estimated value of fasteners per mid-range passenger vehicle is around 2,000 CNY, while the company's small and medium-sized fasteners are estimated at 800 CNY per vehicle [3] Group 2: Growth Drivers and Market Strategy - Expansion into overseas markets is a strategic focus, leveraging long-term relationships with international suppliers like Magna and Valeo [3] - Domestic growth drivers include new customer development (e.g., NIO, BYD), product category expansion, industry consolidation, and localization [3] - The company’s automotive business revenue has been steadily increasing, supported by advantages such as quality customer resources and robust technical capabilities [3] Group 3: Commercial Aerospace Business - The commercial aerospace sector includes manufacturing structural components for commercial rockets, with clients from leading domestic private rocket companies [3][4] - The value of structural components per rocket is approximately 10 million CNY, with production capacity planned for 10 rockets annually [4] - The company has a dedicated aerospace team with experienced personnel, enhancing its competitive edge in the growing commercial aerospace market [4] Group 4: Communication and Compliance - The company ensures transparent communication with investors, adhering to information disclosure regulations to maintain accuracy and timeliness [4]

Group 1: Commercial Aerospace Business - The company has completed the production line construction for commercial rocket structural components in 2024, serving several leading private rocket companies in China [2] - The value of structural components for a single rocket is approximately 10 million [2] - The planned production capacity is 10 rockets per year, with the ability to increase capacity based on order conditions [2][3] - Advantages in manufacturing include a specialized team with extensive experience and the ability to leverage the company's financial resources for equipment purchases [3] Group 2: Reusable Rockets - The current domestic technology for reusable rockets is not mature, but the company plans to align with future trends in the market [3] Group 3: Automotive Business - The company focuses on high-strength precision fasteners and special connectors, primarily used in automotive engine turbocharging systems and other critical components [3] - Future growth in the automotive sector is expected from expanding exports and developing new domestic customers, including NIO, BYD, and others [4] - The company has completed its production capacity layout for automotive parts across multiple bases, meeting future demand for the next three to five years [4] Group 4: Competitive Advantages in Automotive Fasteners - The company maintains its market share through quality customer resources, technical expertise, and strong quality control capabilities [4]

Core Viewpoint - The company is making significant progress in its commercial aerospace business, with a strong order backlog and production capabilities for rocket components [1] Group 1: Business Progress - The company has successfully produced and delivered rocket body structural components, including shell segments and fairings, in accordance with orders [1] - There is a sufficient order volume to support ongoing production activities [1] Group 2: Production Capacity - The company has completed the construction of its riveting production line in the first half of 2024 [1] - Current production capacity supports an annual output of 10 rockets, with the ability to flexibly expand based on order demand, requiring approximately 4 months for construction [1]

Group 1: Automotive Business Overview - The company focuses on the research, production, and sales of high-strength precision fasteners and special connectors, primarily used in critical automotive components such as turbocharging systems and exhaust systems [2] - In the electric vehicle sector, products are applied in battery trays, chassis, and electric control inverters [2] Group 2: Growth Opportunities in Automotive Sector - Expansion into overseas markets is a strategic priority, leveraging long-term partnerships with major international suppliers like Magna and Valeo [3] - Domestic growth drivers include new customer development (e.g., NIO, BYD), product category expansion, industry consolidation, and localization [3] Group 3: Competitive Advantages in Automotive Parts Manufacturing - Strong customer resources and extensive technical expertise enable the company to provide tailored fastening solutions [3] - Quality control capabilities and stable production capacity enhance service delivery [3] Group 4: Commercial Aerospace Business Status - The commercial aerospace sector is progressing well, with sufficient orders for rocket body structural components [3] - The company completed its riveting production line in the first half of 2024, with an annual capacity to produce 10 rockets [3] Group 5: Advantages in Commercial Aerospace Manufacturing - A dedicated team with extensive experience in commercial aerospace contributes to the company's competitive edge [3] - Financial resources allow for strategic equipment purchases and production line development based on market demand [3] Group 6: Investor Relations and Communication - The company ensured transparent communication with investors, adhering to information disclosure regulations to maintain accuracy and timeliness [4]

Core Insights - The commercial aerospace sector in the A-share market has seen a collective surge, with several stocks reaching significant gains, indicating strong investor interest and market momentum [1][2]. Stock Performance - Aerospace Intelligent Equipment (航天智装) experienced a limit-up increase of 20%, with a total market capitalization of 17.6 billion and a year-to-date gain of 89.65% [2]. - Wanlong Optoelectronics (万隆光电) rose by 16.06%, with a market cap of 2.473 billion and a year-to-date increase of 39.19% [2]. - Shanghai Aerospace (上大股份) saw an increase of over 10%, with a market cap of 12.9 billion and a year-to-date decline of 4.64% [2]. - Aerospace Science and Technology (航天科技) also increased by 10.02%, with a market cap of 16.7 billion and a year-to-date gain of 91.25% [2]. - Shanghai Port Bay (上海港湾) rose by 10.01%, with a market cap of 8.115 billion and a year-to-date increase of 48.81% [2]. - Other notable performers include Fujida (富士达) up by 7.34%, Holiwo (霍莱沃) up by 7.06%, and Shanghai Huguang (上海沪工) up by 6.94% [2]. Upcoming Missions - The China Manned Space Engineering Office announced plans for four flight missions in the coming year, including the launch of the Tianzhou 10 cargo spacecraft and the Shenzhou 22 and 23 manned spacecraft, as well as the Mengzhou 1 manned spacecraft [1]. - The Shenzhou 22 and 23 missions will be launched from the Jiuquan Satellite Launch Center, each with a crew of three astronauts, with Shenzhou 22 featuring one astronaut conducting a long-term stay experiment of over one year [1].

Group 1 - The commercial aerospace sector experienced a significant rally on November 3, with companies like Aerospace Intelligence and Aerospace Technology hitting their daily price limits [1] - Shanghai Port Bay also saw a price limit increase, alongside notable gains from companies such as Holleywo, Shanghai Huguang, Chaojie Co., and Jiuzhiyang [1]

Summary of Chaojie Co., Ltd. Conference Call Company Overview - **Company**: Chaojie Co., Ltd. - **Industry**: Automotive Parts, Aerospace, Commercial Space Key Financial Metrics - **Revenue**: 602 million CNY for the first three quarters of 2025, a year-on-year increase of 0.41% [2][3] - **Net Profit**: 28.43 million CNY for the first three quarters, a year-on-year increase of 11.52% [3] - **Net Profit Decline**: 12.54% in Q3 due to capacity adjustments in automotive parts and increased equity stake in the aviation business leading to losses [2][3] Business Segment Performance - **Automotive Parts**: - Revenue contribution: 92.96%, year-on-year growth of 27.52% [2][5] - Domestic market share: approximately 85%, with a projected increase in export share from 15% to 30% over three years [22] - **Aerospace**: - Revenue contribution: 1.77%, year-on-year growth of 70% [2][5] - **Commercial Space**: - Revenue contribution: 5.27%, year-on-year growth of 1,161% [2][5] - Expected significant increase in order volume in 2026, with current deliveries valued at approximately 10 million CNY [6] Operational Insights - **Capacity Adjustments**: - Adjustments in automotive parts production led to a cost impact of 12 million CNY, affecting overall profitability [3][11] - **Profitability Outlook**: - Anticipated recovery in Q4 due to completion of capacity adjustments and seasonal demand [11][23] - **Future Revenue Growth**: - Projected growth of 25% in automotive parts revenue for 2026, with a gross margin exceeding 20% [19] Competitive Positioning - **Technological Advantage**: - First-mover advantage in commercial space with significant experience and improved production capabilities [9] - **Client Relationships**: - Core clients may introduce new suppliers, but Chaojie remains a key supplier and is exploring additional market opportunities [8][9] Strategic Plans - **Product Expansion**: - Plans to diversify product offerings in robotics and aerospace, including legal service robots and high-value components [12][13][17] - **Market Outlook**: - Optimistic about revenue growth in 2026 across all business segments, with no additional cost impacts expected [23] Financial Strategy - **Equity Incentive Plan**: - A four-year plan with performance targets for revenue or profit, with challenges in meeting the 2025 profit target of 137 million CNY [20] - **Potential for Refinance or M&A**: - Open to refinancing opportunities in commercial space and robotics, and considering M&A for synergistic projects [21] Conclusion - **Overall Outlook**: - Positive expectations for 2026 with improved cost management and growth across automotive, aerospace, and commercial space sectors [23]

Core Insights - The company, Chaojie Co., is primarily engaged in the manufacturing of commercial rocket structural components, including shell segments, fairings, and engine valves [1] - The company has established a customer base that includes several leading private rocket enterprises in China and has achieved small batch deliveries [1] - The value of each rocket-related structural component is approximately 10 million yuan [1]