中信证券股份有限公司 关于广州信邦智能装备股份有限公司 使用募集资金置换 预先投入募投项目的自有资金的核查意见 中信证券股份有限公司（以下简称"中信证券"、"保荐人"）为广州信邦 智能装备股份有限公司（以下简称"公司"、"信邦智能"）首次公开发行股票 并上市的保荐人。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》《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》等法律法规，对信邦智能本次使用募集资金置换预先投入募投项 目的自有资金事项进行了核查，具体情况如下： 一、募集资金的基本情况 二、募集资金使用情况 1 截至 2025 年 11 月 30 日，公司累计使用募集资金人民币 28,327.52 万元，其 中直接投入募集资金项目的金额为人民币 28,327.52 万元。 截至 2025 年 11 月 30 日，公司尚未使用的募集资金为 43,890.91 万元（含利 息收入扣除手续费后净额）。其中，使用闲置募集资金进行现金管理、购买组合 存款及结构性存款人民币 41,500 万元；其余 ...

中信证券股份有限公司 关于广州信邦智能装备股份有限公司 2026 年度开展外汇期货及衍生品交易业务的核查意见 中信证券股份有限公司（以下简称"中信证券"、"保荐人"）为广州信邦 智能装备股份有限公司（以下简称"公司"、"信邦智能"）首次公开发行股票 并上市的保荐人。根据《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》等法律法规，对 信邦智能 2026 年度开展外汇期货及衍生品交易业务的情况进行了审慎核查，具 体情况如下： 一、业务概述 （一）开展外汇期货及衍生品交易业务的目的 为更好地规避和防范汇率波动风险，提高外汇资金使用效率，锁定汇兑成本， 公司及子公司拟基于自身实际业务需求，适度开展外汇期货及衍生品交易业务。 公司开展的外汇期货及衍生品交易，以套期保值为目的，不进行单纯以盈利为目 的的投机和套利。 （二）开展外汇期货及衍生品交易业务的品种 公司及子公司拟开展的外汇期货及衍生品交易业务涉及的外汇币种与自身 生产经营所使用的主要结算外汇币种相同，包含但不限于日元、美元等。外汇期 货及衍生品交易业务品种具体包括但不限于远期结售汇、人民币和其他外汇 ...

中信证券股份有限公司 关于广州信邦智能装备股份有限公司 使用部分闲置募集资金暂时补充流动资金的核查意见 中信证券股份有限公司（以下简称"中信证券"、"保荐人"）为广州信邦 智能装备股份有限公司（以下简称"公司"、"信邦智能"）首次公开发行股票 并上市的保荐人。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》《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》等法律法规，对信邦智能本次使用部分闲置募集资金暂时补充流 动资金事项进行了核查，具体情况如下： 一、募集资金基本情况 经中国证券监督管理委员会《关于同意广州信邦智能装备股份有限公司首次 公开发行股票注册的批复》（证监许可[2022]652 号）同意注册，公司首次公开 发行人民币普通股（A 股）股票 27,566,650 股，每股面值人民币 1.00 元，每股 发行价格为 27.53 元，募集资金总额为 75,890.99 万元，扣除发行费用后，实际 募集资金净额为 67,891.98 万元。 安永华明会计师事务所（特殊普通合伙）（以下简 ...

每经AI快讯，信邦智能（SZ 301112，收盘价：37.47元）发布公告称，2025年12月10日，信邦智能接受 上海证券有限责任公司等投资者调研，公司副总经理、董事会秘书陈雷等人参与接待，并回答了投资者 提出的问题。 2024年1至12月份，信邦智能的营业收入构成为：高端装备行业占比100.0%。 截至发稿，信邦智能市值为41亿元。 每经头条（nbdtoutiao）——白金信用卡权益大缩水：贵宾厅限次、酒店减量⋯⋯银行吐槽没赚头，"羊 毛党"薅了个寂寞 （记者 王晓波） ...

回复：标的公司已经在车身照明控制驱动芯片上取得优 势，实现大规模国产替代并逐步拓展全球市场，占据领先市场 份额，同时头尾灯驱动芯片已成功量产，该等芯片的安全等级 要求更高，国内市场目前主要由 TI、英飞凌、恩智浦等境外厂 商垄断，标的公司填补国产空白，已陆续实现国产替代。 问题 5：为什么选择收购英迪芯微？股份支付对公司未来 利润的影响？ 回复：报告期内，标的公司的营业收入分别为 49,403.98 万 元、58,414.70 万元及 38,531.09 万元。其中，车规级芯片收入 占营业收入 9 成以上，主要有汽车照明控制驱动芯片，以及汽 车电机控制驱动芯片、汽车传感芯片。 随着标的公司产品渗透率逐步提高，下游以新能源汽车整 车厂为代表的汽车芯片需求放量，标的公司收入有望保持稳健 增长。 问题 3：英迪芯微的客户主要有哪些？ 回复：标的公司的产品已经在上百款车型实现量产上车， 进入国内绝大多数合资及国产汽车品牌厂商供应链，产品批量 应用于比亚迪、上汽集团、一汽集团、长安、广汽集团、吉 利、东风、长城、奇瑞、鸿蒙智行系列、小米、蔚来、理想、 小鹏、零跑等众多国产汽车品牌车型。同时，标的公司系国内 少有的具备出 ...

Core Viewpoint - The acquisition of Wuxi Indichip Microelectronics Technology Co., Ltd. by Xinbang Intelligent is a high-stakes deal valued at 2.856 billion yuan, raising concerns about the sustainability of the projected performance and the strategic rationale behind the transaction [1][2]. Group 1: Transaction Details - The acquisition price of 2.856 billion yuan represents a premium of over 400% compared to the assessed value of 280 million yuan, which raises questions about the valuation methods used [1][2]. - The deal is structured to avoid being classified as a reverse merger, with no change in the actual controller of Xinbang Intelligent post-transaction [1]. - The assessment of Indichip's value relied on comparable companies, but significant differences in business structures, particularly in the automotive chip sector, cast doubt on the validity of the comparison [2]. Group 2: Performance Commitments - The transaction includes stringent performance commitments, requiring Indichip to achieve an average annual net profit growth rate of no less than 180% from 2025 to 2027 [3]. - The current financial performance of Indichip shows a decline in net profit, with projections indicating a challenging path to meet the ambitious growth targets set forth in the acquisition agreement [3]. Group 3: Financial Implications - The deal involves a cash payment of 1.163 billion yuan, which poses a challenge for Xinbang Intelligent given its limited cash reserves of 331 million yuan as of Q3 2025 [4]. - The acquisition could lead to a significant goodwill of 2.148 billion yuan, representing 74.12% of the post-transaction net assets, which poses a risk of substantial impairment if Indichip's performance does not meet expectations [4]. - Xinbang Intelligent has a history of unsuccessful acquisitions, which raises concerns about the potential for similar outcomes with this transaction [4]. Group 4: Company Performance Context - Xinbang Intelligent has experienced a drastic decline in net profit since its IPO in 2022, with a drop of 94% from 80.67 million yuan in 2021 to only 4.95 million yuan in 2024 [5]. - The company faces significant operational challenges, including a 31.87% year-on-year revenue decline in the first three quarters of 2025, leading to potential ST risk if the core business does not recover [5]. - The acquisition aims to improve the asset quality and operational resilience of Xinbang Intelligent, but it does not address the underlying issues of weak organic growth [5].

中信证券股份有限公司 关于广州信邦智能装备股份有限公司 2025年度持续督导培训情况的报告 （一）保荐机构：中信证券股份有限公司 （七）培训对象：公司董事、高级管理人员、中层以上管理人员及上市公司 控股股东和实际控制人 （八）培训内容：本次培训重点介绍募集资金监管、上市公司内部控制、静 默期和短线交易监管等内容，加深了公司董事、高级管理人员对相关法律法规、 信息披露、内部控制要求的理解。 二、上市公司的配合情况 保荐机构本次持续督导培训的工作过程中，公司积极予以配合，保证了培训 工作的有序进行，达到了良好效果。 三、本次持续督导培训的结论 保荐机构按照《深圳证券交易所上市公司自律监管指引第 13 号——保荐业 深圳证券交易所： 中信证券股份有限公司（以下简称"中信证券"、"保荐机构"）根据《深圳 证券交易所上市公司自律监管指引第 13 号——保荐业务》对广州信邦智能装备 股份有限公司（以下简称"信邦智能"或"公司"）进行了 2025 年度持续督导培 训，报告如下： 一、本次持续督导培训的基本情况 2 （本页无正文，专用于《中信证券股份有限公司关于广州信邦智能装备股份有限 公司 2025 年度持续督导培训情况的 ...

Core Insights - The A-share market has seen a significant increase in equity financing in 2023, with a total of approximately 1.01 trillion yuan raised in the first 11 months, representing a year-on-year growth of about 310% [1] - The main contributors to this financing are private placements, which accounted for over 80% of the total, with a fivefold increase in fundraising compared to the previous year [2] - The IPO market has also shown growth, with 98 new listings raising 100.36 billion yuan, a 72.9% increase year-on-year, primarily driven by large IPOs from emerging industries [6] Group 1: Equity Financing Overview - Total equity financing in A-shares reached approximately 1.01 trillion yuan, with IPOs contributing 100.36 billion yuan, private placements 846.83 billion yuan, and convertible bonds 59.13 billion yuan [1] - Private placements have become the dominant financing method, with 149 companies completing placements, a 17.32% increase, and total funds raised surging by 5.03 times [2] - The top 10 companies in private placements included four banks and two brokerages, with China Bank raising 165 billion yuan, Postal Savings Bank 130 billion yuan, and others exceeding 100 billion yuan [2] Group 2: IPO and Convertible Bonds - The IPO market has seen 98 new listings, with a 10.1% increase in the number of IPOs and a 72.9% increase in funds raised compared to the previous year [6] - Emerging industries accounted for over 80% of IPOs, indicating a shift towards technology-driven companies [6] - Convertible bonds have also seen growth, with 40 bonds issued, raising a total of 59.1 billion yuan, a 31.8% increase year-on-year, despite a decrease in the number of issuances [6][7]

（文章来源：证券日报） 证券日报网讯 12月1日，信邦智能在互动平台回答投资者提问时表示，截至2025年11月28日，公司在册 股东共计10，648户。 ...

Group 1: SAIC Motor Corporation - In November, SAIC Motor's total vehicle sales reached 460,800 units, a year-on-year decrease of 3.75% [1] - New energy vehicle sales were 209,400 units, showing a year-on-year increase of 19.75% [1] - Cumulative vehicle sales from January to November reached 4,108,100 units, a year-on-year increase of 16.38% [1] - SAIC's subsidiary plans to establish a private equity fund focused on the smart electric vehicle industry with an initial subscription size of 1.09 billion yuan [1] Group 2: Top Group - Top Group is planning to issue H-shares and list on the Hong Kong Stock Exchange [2] - The company is in discussions with relevant intermediaries regarding the specifics of the H-share listing [2] Group 3: Ningbo Fuda - Ningbo Fuda's subsidiary intends to publicly sell 100% equity of its subsidiary, Hekou Yingzhou Cement Company, with an assessed value of 1.5752 million yuan [4] Group 4: Fuguang Co., Ltd. - Fuguang Co., Ltd. plans to sell a 25% stake in its associate company, Xiaotunpai, for 67.2636 million yuan [5] Group 5: Puluo Pharmaceutical - Puluo Pharmaceutical's subsidiary received a drug registration certificate for Amoxicillin and Clavulanate Potassium Tablets, used for various infections [6][7] Group 6: Fosun Pharma - Fosun Pharma's subsidiary received approval to conduct Phase I clinical trials for a dual-specific antibody injection for treating advanced solid tumors [8] Group 7: Far East Group - Far East Group's subsidiaries won contracts totaling 2.383 billion yuan in November [9] Group 8: Samsung Medical - Samsung Medical's subsidiary is expected to win a procurement project from the State Grid worth approximately 124 million yuan [10] Group 9: Changhua Group - Changhua Group received a development notification from a domestic automaker, with an expected total sales amount of approximately 732 million yuan over five years [12] Group 10: Xinbang Intelligent - Xinbang Intelligent's application for issuing shares to acquire Wuxi Yindichip Microelectronics has been accepted by the Shenzhen Stock Exchange [14] Group 11: Jinjing Development - Jinjing Development's subsidiary won a residential and commercial land bid in Tianjin for 474 million yuan [16] Group 12: Guohong Holdings - Guohong Holdings signed an investment framework agreement to develop a strategic emerging industry park in Tanzhou Town [17] Group 13: Hanma Technology - Hanma Technology reported a 149.94% year-on-year increase in truck sales in November, totaling 2,002 units [22] Group 14: Yufeng Group - Yufeng Group decided to terminate its plan to issue A-shares due to the expiration of authorization and market conditions [24] Group 15: Zhenhua Electric - Zhenhua Electric's subsidiary plans to invest up to 201 million yuan in a private equity fund focused on specific industries, including new energy [28] Group 16: Fuao Co., Ltd. - Fuao Co., Ltd. completed the transfer of 40% equity in Fuao Wan'an for 26.222 million yuan [29] Group 17: Baotailong - Baotailong plans to acquire an additional 2.83% stake in its subsidiary, totaling 15 million yuan [31] Group 18: Zhongchao Holdings - Zhongchao Holdings' subsidiaries won projects totaling 1.318 billion yuan [32] Group 19: Annie Co., Ltd. - Annie Co., Ltd. announced a potential change in control, leading to a temporary suspension of its stock [34] Group 20: Ganfeng Lithium - Ganfeng Lithium's subsidiary plans to issue $100 million in exchangeable notes [38]