一、基本情况 孙卫权，男，1969年生，中国国籍，无境外永久居留权，专科，注册会计师， 高级会计师。1993年7月至1999年12月任江苏兴港会计师事务所所长，2000年1月至 2007年9月任苏州勤业联合会计师事务所所长，2007年9月至2012年12月任苏州勤业 会计师事务所有限公司所长，2013年1月至今任天衡会计师事务所（特殊普通合伙） 苏州勤业分所所长。2023年11月至今任公司独立董事。 报告期内，本人任职符合《上市公司独立董事管理办法》第六条规定的独立性 要求，不存在影响独立性的情况。 江苏协昌电子科技集团股份有限公司 2024年度独立董事述职报告 （孙卫权） 作为江苏协昌电子科技集团股份有限公司（以下简称"公司"）独立董事，报告期 内本人严格按照《公司法》《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》及法律法规、规范性文件和《公司章程》《独立董事工作制度》等公 司制度，忠实履行独立董事的职责，积极参加公司董事会，认真审议各项议案，为 公司的科学决策和规范运作提出意见和建议，充分发挥了独立董事对公司的监督 ...

Financial Performance - The company's operating revenue for Q1 2025 was ¥75,075,540.76, a decrease of 17.69% compared to ¥91,207,976.71 in the same period last year[4] - Net profit attributable to shareholders was ¥5,215,265.96, down 72.84% from ¥19,202,737.00 year-on-year[4] - The net cash flow from operating activities decreased by 59.95%, amounting to ¥12,007,637.53 compared to ¥29,978,543.47 in the previous year[4] - Total operating revenue decreased to ¥75,075,540.76 from ¥91,207,976.71, representing a decline of approximately 17.6% year-over-year[18] - Net profit for the period was ¥5,050,349.88, down from ¥19,202,737.00, reflecting a decrease of approximately 73.7% year-over-year[19] - Operating profit fell to ¥5,838,250.61 from ¥24,206,715.69, a decline of about 75.9% year-over-year[19] - The basic and diluted earnings per share decreased to ¥0.0714 from ¥0.2619, a decline of about 72.7% year-over-year[19] Assets and Liabilities - The company's total assets increased by 1.52% to ¥1,716,780,340.06 from ¥1,691,031,233.90 at the end of the previous year[4] - Total assets reached ¥1,716,780,340.06, up from ¥1,691,031,233.85, indicating a growth of about 1.5%[17] - Total liabilities increased to ¥97,838,361.75 from ¥71,453,774.84, which is an increase of approximately 37.0%[17] - The company's total equity decreased slightly to ¥1,618,941,978.31 from ¥1,619,577,459.01, a decline of about 0.04%[17] Cash Flow - The company's cash and cash equivalents increased to ¥101,088,571.91 from ¥69,928,053.51, representing a growth of approximately 44.5%[15] - Cash flow from operating activities generated ¥12,007,637.53, down from ¥29,978,543.47, a decrease of approximately 59.9% year-over-year[22] - Cash flow from investing activities showed a net inflow of ¥24,839,802.87, compared to a net outflow of ¥43,442,816.43 in the previous period[22] - The company reported a net increase in cash and cash equivalents of ¥31,160,518.40, contrasting with a decrease of ¥13,464,272.96 in the prior year[23] Investments and Expenses - Research and development expenses increased by 42.66% to ¥5,734,884.27, reflecting the company's commitment to enhancing R&D investment[9] - Research and development expenses rose to ¥5,734,884.27 from ¥4,019,871.96, an increase of approximately 42.7% year-over-year[18] - The company experienced a 70.81% increase in investment income, reaching ¥3,905,075.86, due to a growth in financial management scale compared to the previous year[9] - The company has ongoing investments in new technologies and product development, as indicated by the increase in intangible assets to ¥37,572,729.51 from ¥37,733,112.12[16] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 10,131[11] - The company has a share repurchase account holding 327,400 shares, representing 0.45% of total shares, which is part of its strategy to enhance shareholder value[13] Inventory and Receivables - Accounts receivable rose to ¥69,267,519.98 from ¥50,047,439.93, marking an increase of about 38.4%[15] - Inventory increased to ¥91,358,020.52 from ¥68,938,350.24, reflecting a growth of approximately 32.5%[15] Other Financial Metrics - The weighted average return on equity decreased to 0.32% from 1.19% year-on-year[4] - The company reported a significant increase in prepayments, which rose by 463.07% to ¥7,432,159.25, attributed to advance payments for project construction and equipment[9] - The company is focusing on market expansion strategies, as evidenced by the increase in construction in progress to ¥41,851,860.55 from ¥10,145,803.57[16] - Total operating costs increased to ¥74,997,728.89 from ¥71,842,415.71, marking an increase of about 4.9% year-over-year[18] - The company reported a significant increase in short-term borrowings, with accounts payable rising to ¥68,138,315.96 from ¥42,569,335.44, an increase of approximately 60.5%[16]

Financial Performance - The company's operating revenue for 2024 was ¥330,250,458.54, a decrease of 26.52% compared to ¥449,449,695.53 in 2023[22]. - The net profit attributable to shareholders for 2024 was ¥37,047,666.67, down 55.57% from ¥83,386,244.34 in 2023[22]. - The net profit after deducting non-recurring gains and losses for 2024 was ¥15,173,307.79, a decline of 79.46% compared to ¥73,883,975.76 in 2023[22]. - The net cash flow from operating activities for 2024 was ¥78,410,142.09, a decrease of 25.07% from ¥104,645,084.54 in 2023[22]. - The total assets at the end of 2024 were ¥1,691,031,233.85, a slight decrease of 0.39% from ¥1,697,639,962.16 at the end of 2023[22]. - The company’s basic earnings per share for 2024 were ¥0.51, down 62.50% from ¥1.36 in 2023[22]. - The weighted average return on equity for 2024 was 2.31%, a decrease of 6.07% from 8.38% in 2023[22]. - The company reported a gross margin decline due to increased competition and rising operational costs, impacting overall profitability[58]. Market and Industry Trends - The company's operating performance for 2024 saw a significant decline due to a complex regulatory environment in the electric two-wheeler market, resulting in a decrease in downstream demand and intensified industry competition[6]. - The global power device market is projected to grow from $25.9 billion in 2021 to $35.7 billion by 2025, with a compound annual growth rate of approximately 8.4%[33]. - The electric two-wheeler market saw a total domestic sales volume of 49.5 million units in 2024, representing a decline of 11.6% compared to the previous year[58]. Research and Development - The company increased its R&D personnel investment and optimized its management team, leading to higher related expenses that further compressed operating profits for the year[6]. - The company plans to continue enhancing its R&D efforts for new products and technologies, leveraging its customer base and management advantages to improve market competitiveness and expand market share[6]. - The company has established a research center for intelligent controllers in Suzhou, focusing on high-performance controllers and intelligent safety systems, with some products recognized as being at the leading level domestically[49]. - R&D investment reached ¥26,781,052.50 in 2024, representing an increase of 28.42% year-over-year, and accounted for 8.11% of operating revenue, up from 4.64% in 2023[74]. - The company is focusing on enhancing product competitiveness through the development of new technologies, including the SOC9 and SOC12 controller structures for electric bicycles[71]. - The company plans to increase R&D investment to accelerate the conversion of research results into new products, maintaining its technological advantage[116]. Product and Service Offerings - The main business focuses on the research, production, and sales of motion control products and power chips, with no significant changes during the reporting period[37]. - The product range includes wafers, packaged products, motion controllers, and motion control modules, demonstrating strong synergy among these products[38]. - The company is actively expanding its product lines in the power chip sector, including low-cost IGBT development and enhancements in MOSFET technology[50]. - The revenue from motion control products was CNY 297.06 million, accounting for 89.95% of total revenue, with a year-on-year decrease of 27.99%[59]. - The company’s revenue from power chips was CNY 33.19 million, which is 10.05% of total revenue, with a year-on-year decrease of 10.12%[59]. Operational Efficiency - The company has implemented an automated production line, significantly improving production efficiency and reducing labor costs[54]. - The production model is primarily made-to-order, with a focus on customization based on client needs, supported by a robust production management system[41]. - The procurement model involves a strict supplier evaluation system, ensuring stable supply channels and controlling raw material costs effectively[40]. - The company achieved operating revenue of CNY 330.25 million in 2024, a decrease of 26.52% year-on-year, and a net profit attributable to shareholders of CNY 37.05 million, down 55.57% year-on-year[58]. Risk Factors - The company faces various risks, including industry fluctuations, intensified competition, raw material price volatility, high customer concentration, and risks related to product R&D and technological innovation[7]. - Raw materials constitute about 80% of the company's product costs, and significant price volatility could adversely affect operations[113]. - The company faces risks related to project feasibility and potential delays due to market demand and policy changes, which could impact investment returns[117]. Corporate Governance - The company held 1 annual general meeting and 4 extraordinary general meetings during the reporting period, ensuring compliance with legal and regulatory requirements[125]. - The board of directors consists of 9 members, including 3 independent directors, and held 7 meetings in 2024, adhering to all procedural regulations[126]. - The company strictly followed information disclosure regulations, ensuring timely and accurate communication with investors through its designated website[128]. - The company respects the rights of stakeholders, balancing interests among society, shareholders, and employees to promote sustainable development[129]. Employee and Management - The company had a total of 557 employees at the end of the reporting period, with 70 in the parent company and 487 in major subsidiaries[157]. - The employee composition includes 316 production personnel, 34 sales personnel, 118 technical personnel, 7 financial personnel, and 82 administrative personnel[157]. - The company has a comprehensive employee training system, including new employee orientation and professional skills training[160]. - The total remuneration for directors, supervisors, and senior management during the reporting period amounted to CNY 4.41 million[150]. Environmental Responsibility - The company does not belong to the category of heavily polluting enterprises and has limited pollutant emissions during production[175]. - The company has implemented measures to reduce carbon emissions and actively fulfills its social responsibilities[179]. - The company's power chip products are key technologies for energy conservation and emission reduction, contributing to the green transportation industry and supporting national carbon neutrality goals[185]. Investment and Financing - The company has committed to invest a total of 42,051.22 million in various projects, with 52,942.90 million planned for investment in total[91]. - The company has raised 42,743.64 million from the issuance of shares, with plans for the use of these funds still in progress[93]. - The company plans to enhance investor relations and communication mechanisms to improve information disclosure quality and foster stable interactions with investors[110].

江苏协昌电子科技集团股份有限公司 单位：人民币元 三、资产负债情况、经营成果及现金流量： 2024 年度财务决算报告 江苏协昌电子科技集团股份有限公司（以下简称"协昌科技"或"公司"） 2024 年度财务报表已经北京德皓国际会计师事务所（特殊普通合伙）审计，并 出具北京德皓审字[2025]00000920 号审计报告。会计师审计意见：我们认为，后 附的财务报表在所有重大方面按照企业会计准则的规定编制，公允反映了协昌科 技公司 2024 年 12 月 31 日的合并及母公司财务状况以及 2024 年度的合并及母公 司经营成果和现金流量。现将公司 2024 年度财务决算情况报告如下： 一、总体经营情况： 2024 年度公司实现营业收入 330,250,458.54 元，同比减少 26.52%；实现归 属于公司普通股股东的净利润为 37,047,666.67 元，同比减少 55.57%。 | 项目 | 报告期末 | 报告期初 | 增减幅度 | | --- | --- | --- | --- | | 营业收入 | 330,250,458.54 | 449,449,695.53 | -26.52% | | 净利润 | ...

江苏协昌电子科技集团股份有限公司 募集资金存放与使用情况鉴证报告 德皓核字[2025]00000719 号 北 京 德 皓 国 际 会 计 师 事 务 所 (特 殊 普 通 合 伙 ) Beijing Dehao InternationalCertified PublicAccountants(Limited Liability Partnership) 江苏协昌电子科技集团股份有限公司 募集资金存放与使用情况鉴证报告 （2024 年度） 目 录 页 次 一、 募集资金存放与使用情况鉴证报告 1-2 二、 江苏协昌电子科技集团股份有限公司 2024 年度 募集资金存放与使用情况的专项报告 1-10 募 集 资 金 存 放 与 使 用 情 况 鉴 证 报 告 德皓核字[2025]00000719 号 江苏协昌电子科技集团股份有限公司全体股东： 我们审核了后附的江苏协昌电子科技集团股份有限公司（以下简 称协昌科技公司）《2024 年度募集资金存放与使用情况的专项报告》 （以下简称"募集资金专项报告"）。 一、董事会的责任 协昌科技公司董事会的责任是按照中国证券监督管理委员会《上 市公司监管指引第 2 号——上市公 ...

江苏协昌电子科技集团股份有限公司 2024 年度内部控制自我评价报告 江苏协昌电子科技集团股份有限公司全体股东： 根据《企业内部控制基本规范》及其配套指引的规定和其他内部控制监管要 求（以下简称"企业内部控制规范体系"），结合江苏协昌电子科技集团股份有限 公司（以下简称"公司"）内部控制制度和评价办法，在内部控制日常监督和专项 监督的基础上，我们对公司 2024 年 12 月 31 日的内部控制有效性进行了评价。 一、重要声明 按照企业内部控制规范体系的规定，建立健全和有效实施内部控制，评价其 有效性，并如实披露内部控制评价报告是公司董事会的责任。监事会对董事会建 立和实施内部控制进行监督。经理层负责组织领导企业内部控制的日常运行。公 司董事会、监事会及董事、监事、高级管理人员保证本报告内容不存在任何虚假 记载、误导性陈述或重大遗漏，并对报告内容的真实性、准确性和完整性承担个 别及连带法律责任。 公司内部控制的目标是合理保证经营管理合法合规、资产安全、财务报告及 相关信息真实完整，提高经营效率和效果，促进实现发展战略。由于内部控制存 在的固有局限性，故仅能为实现上述目标提供合理保证。此外，由于情况的变化 可能 ...

江苏协昌电子科技集团股份有限公司 控股股东及其他关联方资金占用情况的 专项说明 德皓核字[2025]00000720 号 北 京 德 皓 国 际 会 计 师 事 务 所 (特 殊 普 通 合 伙 ) 资 金 占 用 情 况 的 专 项 说 明 德皓核字[2025]00000720 号 Beijing Dehao InternationalCertified PublicAccountants(Limited Liability Partnership) 江苏协昌电子科技集团股份有限公司 控股股东及其他关联方资金占用情况的专项说明 （截止 2024 年 12 月 31 日） 目 录 页 次 一、 控股股东及其他关联方资金占用情况的专项 说明 1-2 二、 江苏协昌电子科技集团股份有限公司 2024 年 度非经营性资金占用及其他关联资金往来情 况汇总表 1 控 股 股 东 及 其 他 关 联 方 江苏协昌电子科技集团股份有限公司全体股东： 我们接受委托，依据《中国注册会计师执业准则》审计了江苏协 昌电子科技集团股份有限公司（以下简称协昌科技公司）2024 年度 财务报表，包括 2024 年 12 月 31 日的合 ...

江苏协昌电子科技集团股份有限公司 2024 年度董事会工作报告 2024 年，江苏协昌电子科技集团股份有限公司（以下简称"公司"）董事 会严格按照《公司法》《证券法》《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》等法律法规以及《公司章程》《董事会议事规 则》等公司制度的规定，本着对全体股东负责的态度，恪尽职守，切实履行公司 及股东赋予董事会的各项职责，认真贯彻执行股东大会通过的各项决议，勤勉尽 责的开展董事会各项工作，认真推进会议决议的有效实施，维护了投资者的合法 权益，保证了公司持续、健康、稳定的发展，现将公司董事会 2024 年主要工作 情况报告如下： 一、2024 年度主要经营情况 2024 年，面对激烈的市场竞争和功率半导体市场需求持续低迷的重重挑战， 公司紧紧围绕发展战略，以市场为导向，围绕主业，多措并举推进业务发展，不 断提升服务客户的能力，与主要客户保持稳定的合作关系，同时持续加强研发力 度，提升产品品类丰富度，巩固公司技术优势及核心竞争力；继续深化实施自动 化、信息化改造，提升精益生产管理水平、管理效率、产品良率，实现更优的资 源配置，为公司未来发展奠定坚实基础。 ...

江苏协昌电子科技集团股份有限公司 根据《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》《公司章程》《独立董事工作制度》等 规定并结合独立董事出具的《独立董事关于独立性自查情况的报告》，江苏协昌 电子科技集团股份有限公司（以下简称"公司"）董事会就公司在任独立董事的独 立性情况进行评估并出具如下专项意见： 根据公司独立董事自查及其在公司的履职情况，董事会认为公司独立董事均 能够胜任独立董事的职责要求，其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独立 董事进行独立客观判断的关系，不存在影响独立董事独立性的情况，符合《上市 公司独立董事管理办法》等法律法规及《公司章程》中关于独立董事的任职资格 及独立性的相关要求。 江苏协昌电子科技集团股份有限公司 董事会对独立董事独立性评估的专项意见 董事会 2025年04月25日 ...