中国深圳市南山区前海大道前海嘉里商务中心 T2 栋 1401A 室 邮政编码 518054 电话: (86-755) 2155-7000 传真: (86-755) 2155-7099 2024 年年度股东大会的法律意见书 致：星宸科技股份有限公司 北京市竞天公诚（深圳）律师事务所（以下简称"本所"）接受星宸科技股 份有限公司（以下简称"公司"）的委托，指派徐建律师、钟嘉欣律师（以下合 称"本所律师"）出席公司2024年年度股东大会（以下简称"本次股东大会"）， 对本次股东大会进行见证并就相关事项出具本法律意见书。 为出具本法律意见书，本所律师审查了公司提供的有关召开本次股东大会相 关文件的原件或影印件，包括但不限于： 1. 公司于 2025 年 4 月 19 日刊载的《星宸科技股份有限公司 2024 年年度 报告》等系列公告（以下简称"《股东大会资料》"）； 2. 公司于 2025 年 4 月 19 日刊载的《星宸科技股份有限公司关于召开 2024 年年度股东大会的通知》（以下简称"《股东大会通知》"）； 3. 公司于 2025 年 4 月 19 日刊载的《星宸科技股份有限公司第二届董事会 第七次会议决议公告 ...

证券代码：301536 证券简称：星宸科技 公告编号：2025-018 星宸科技股份有限公司 2024年年度股东大会会议决议公告 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。 特别提示： 1、本次股东大会未出现否决议案的情形。 2、本次股东大会不涉及变更以往股东大会已通过的决议。 一、会议召开和出席情况 1、会议召开时间： （1）现场会议时间：2025年5月9日（星期五）下午14:00 （2）网络投票时间：通过深圳证券交易所交易系统进行网络投票的具体时 间为：2025年5月9日的交易时间，即9:15-9:25，9:30-11:30和13:00-15:00；通过 深圳证券交易所互联网投票系统进行投票的具体时间为：2025年5月9日9:15- 15:00期间的任意时间。 2、召开地点：厦门市同安区后詹路1号公司会议室 3、召开方式：现场投票与网络投票相结合的方式 4、召集人：星宸科技股份有限公司（以下简称"公司"）董事会 5、会议主持人：董事长林永育先生 6、本次股东大会的召集、召开及表决程序符合《中华人民共和国公司法》 《上市公司股东会规则》《深圳证券交易所创 ...

星宸科技股份有限公司 关于参加厦门辖区上市公司 2024 年年报业绩说明会 暨投资者网上集体接待日活动的公告 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。 为进一步加强与投资者的互动交流，星宸科技股份有限公司（以下简称 "公司"）将参加由厦门证监局、厦门上市公司协会与深圳市全景网络有限公司 联合举办的"厦门辖区上市公司 2024 年年报业绩说明会暨投资者网上集体接待 日活动"，现将相关事项公告如下： 证券代码：301536 证券简称：星宸科技 公告编号：2025-017 本次活动将采用网络远程的方式举行，投资者可登录"全景路演"网站 （http://rs.p5w.net），或关注微信公众号：全景财经，或下载全景路演 APP, 参与本次互动交流，活动时间为 2025 年 5 月 15 日（周四）15:40-17:00。届时 公司董事长兼总经理林永育先生、财务负责人兼董事会秘书萧培君先生、独立 董事易若峰先生、保荐代表人孔亚迪女士将在线就公司 2024 年度业绩、公司治 理、发展战略、经营状况和可持续发展等投资者关心的问题，与投资者进行沟 通与交流，欢迎广大投资 ...

Group 1 - The overall market view indicates that the impact of overseas tariffs is weakening, and the A-share market is expected to experience fluctuations upward, with a focus on growth rebounds [3][11][15] - The banking sector's quarterly reports fell short of expectations, raising concerns about the sustainability of dividends, leading to a rapid disbanding of bank stock groups [3][15] - The report highlights the active performance of technology growth themes, particularly in sectors like AI, robotics, and autonomous driving, while emphasizing the importance of self-controllable industries such as semiconductors and military technology [3][15] Group 2 - The report lists the top ten stocks for May, including companies from various sectors such as electronics, AI, media, and automotive, with no specific ranking [4][10] - The electronic sector includes Zhishang Technology and Xingchen Technology, both showing significant revenue growth driven by market demand and technological advancements [17][20] - The computer & AI & internet sector features Mai Xinlin, which has seen rapid revenue growth due to its comprehensive computing services and strategic partnerships in the AI field [24][27] Group 3 - The media and new consumption sector includes Yaoji Technology, which is focusing on revitalizing its core businesses and leveraging AI to enhance its gaming and marketing services [34][36] - The small and mid-cap sector features Weike Technology, which reported robust revenue growth and is expanding its overseas production capacity [38][39] - The automotive sector highlights Rongtai Co., which is solidifying its position as a leader in steering systems and expanding into the humanoid robotics market [42][45] Group 4 - The electric power equipment sector includes Landai Technology, which has turned profitable with significant growth in its new energy transmission business [47][50] - The pharmaceutical sector features Yipin Hong, which is facing challenges with declining revenues and profits, indicating a need for strategic adjustments [51]

1、 星宸科技：高阶机器人芯片有望于2026年量产 近日，星宸科技（301536）在其业绩说明会上表示，公司机器人芯片已初步完成产品矩阵，现已大批量出 货。技术布局方面，公司在清洁机器人打下良好基础后，正快速升级更大算力、具备多模态大模型、人机 交互的高阶机器人芯片，有望于2026年量产，未来包含各类具身智能机器人（如服务机器人、人形机器人 等），也将随市场情况及客户需求，及时提供对应芯片。市场布局方面，公司已成功切入多家头部客户， 有望在2025年跻身领先梯队，目标在2—3年内成为智能机器人行业头部的SoC芯片供应商。 2、 肯尼索州立大学推出旨在简化仓库库存跟踪的自主机器人 近日，肯尼索州立大学推出了一款可以记录库存的自主机器人——OmniScanBot。该机器人由RugGear U S LLC和堪萨斯州立大学计算机与软件工程学院合作开发，旨在简化、加快和保障仓库库存跟踪流程。与 传统的人工盘点方法不同，该机器人创新性地利用射频识别 (RFID) 技术实现了整个流程的自动化。此 外，OmniScanBot基于多传感器平台构建——包含摄像头、激光雷达和导航软件，能够绘制仓库地图并自 主规划路线。 3、 自主 ...

Core Viewpoint - Company achieved significant growth across various business lines in Q1 2025, with all segments exceeding 20% year-on-year growth, particularly in smart IoT and automotive sectors [2][3]. Financial Performance - In 2024, the company reported a net profit of approximately 256 million yuan, a year-on-year increase of about 25.18%. For Q1 2025, the net profit was approximately 51.18 million yuan, showing a slight increase of 0.48% year-on-year [3][10]. - The company's Q1 2025 revenue reached approximately 665 million yuan, reflecting a year-on-year growth of 26.36% [10]. Business Segments - The smart IoT sector saw substantial growth, with significant contributions from leading brand clients in smart robotics, where quarterly shipments and revenue exceeded the total for 2024 [2]. - In the automotive sector, the company experienced notable growth in ADAS and perception chips due to increased market penetration [2]. - The smart security segment has solidified its market position with a comprehensive product lineup [2]. Research and Development - The company invested approximately 602 million yuan in R&D for 2024, a year-on-year increase of about 21.95%, with an R&D investment rate of approximately 25.59% [4]. - For Q1 2025, R&D investment was about 168 million yuan, up 19.8% year-on-year, with an R&D investment rate of approximately 25.24% [4]. Market Strategy - The company is focusing on long-term growth through strategic investments in cutting-edge IP technologies, including high-performance computing and low-power sensors, targeting sectors like smart robotics and smart eyewear [3][4]. - The company has established a global sales strategy, with over half of its sales coming from international markets [5]. Future Outlook - The company is actively evaluating potential investments or acquisitions to enhance its R&D capabilities and product offerings [6]. - The industry is expected to see advancements in AI SoC chips, with increasing demand for efficient, low-power solutions across various applications, including smart security and automotive sectors [8][9].

Group 1: Business Performance - In Q1 2025, all business lines achieved over 20% year-on-year growth, with significant contributions from smart IoT and automotive sectors [2] - For the full year 2024, the company reported a net profit of approximately CNY 256 million, a year-on-year increase of about 25.18% [3] - Q1 2025 net profit was approximately CNY 51.18 million, reflecting a year-on-year growth of about 0.48% [3] Group 2: Product Development and Market Strategy - The company has launched the SSC309QL SoC chip for AI glasses, with expected shipments in the second half of 2025 [3] - In the humanoid robot sector, the company achieved over threefold growth in both shipment volume and revenue in 2024 compared to 2023 [4] - The company is focusing on advanced IP technologies, including high-performance chips for various applications such as smart robots and smart glasses [5] Group 3: Research and Development Investment - In 2024, R&D investment was approximately CNY 602 million, a year-on-year increase of about 21.95%, with an R&D investment rate of approximately 25.59% [6] - Q1 2025 R&D investment was about CNY 168 million, reflecting a year-on-year increase of approximately 19.8% [6] Group 4: Market Position and Future Outlook - The company has established a global sales strategy, with over half of sales coming from overseas markets [7] - The company aims to become a leading SoC chip supplier in the smart robot industry within the next two to three years [5] - The future development of AI SoC chips is expected to focus on higher efficiency, lower power consumption, and smaller sizes to meet growing smart device demands [11]

Investment Rating - The report maintains a "Buy" rating for the company, indicating a positive outlook for the stock price relative to the industry index over the next six months [5][23]. Core Insights - The company reported a revenue growth of 26.4% year-on-year in Q1 2025, driven by strong performance in its smart security and smart IoT businesses [2][3]. - The smart security business generated revenue of 1.588 billion yuan in 2024, up 10.1% year-on-year, while the smart IoT business saw a significant increase of 38.6%, contributing to 20.2% of total revenue [3]. - The company has a strong technological foundation in AI and low-power applications, with over 100 million self-developed AI chips shipped, enhancing its product offerings [4][5]. Financial Summary - For 2023, the company expects total revenue of 2.020 billion yuan, with a projected growth rate of -14.7%. By 2024, revenue is expected to rise to 2.354 billion yuan, reflecting a growth rate of 16.5% [1][16]. - The net profit attributable to shareholders is forecasted to be 205 million yuan in 2023, with a significant increase to 256 million yuan in 2024, representing a year-on-year growth of 25.2% [1][11]. - The company's gross margin for 2024 is projected at 35.79%, slightly down from the previous year, while the net profit margin is expected to improve to 10.89% [2][11]. Business Segments - The smart security segment remains the largest, accounting for 67.5% of total revenue in 2024, benefiting from the company's expertise in ISP and AI technologies [3]. - The smart IoT segment is emerging as a new growth driver, with its revenue expected to continue rising due to the increasing share of new products like smart robots and industrial HMI [3][4]. Market Position - The company is positioned as a leading player in the domestic video security SoC chip market, leveraging its advanced low-power technology and ISP capabilities to expand into edge AI applications [5][6].

Investment Rating - The investment rating for Xingchen Technology (301536) is "Buy" and is maintained [2][9] Core Views - The company reported a revenue of 2.354 billion yuan in 2024, representing a year-on-year increase of 16.49%, and a net profit attributable to shareholders of 256 million yuan, up 25.18% year-on-year [6][7] - In Q1 2025, the company achieved a revenue of 665 million yuan, a year-on-year increase of 26.36% and a quarter-on-quarter increase of 23.04%, with a net profit of 51 million yuan, which is a slight increase of 0.48% year-on-year but a decrease of 14.73% quarter-on-quarter [6][7] - The company is focusing on the "Vision + AI" and "Perception + Computing" core concepts, with applications in various intelligent perception terminal devices, including smart security, smart IoT, and smart automotive [7] Summary by Sections Company Overview - Latest closing price: 54.03 yuan - Total shares/ circulating shares: 4.21 billion / 1.87 billion - Total market value / circulating market value: 22.7 billion / 10.1 billion - 52-week high / low price: 91.18 / 28.06 - Debt-to-asset ratio: 31.0% - Price-to-earnings ratio: 87.15 [4] Financial Performance - Revenue forecast for 2025, 2026, and 2027 is expected to be 2.901 billion, 3.712 billion, and 4.605 billion yuan respectively, with net profits of 300 million, 405 million, and 543 million yuan respectively [9][11] - The company plans to maintain a high R&D investment rate, with approximately 6.02 billion yuan in R&D expenditure for 2024, representing about 25.59% of revenue [8] Market Position and Strategy - The company has seen a recovery in downstream application demand, with significant growth in consumer demand in 2024 [7] - The company has established a dedicated 3D perception business line after acquiring 3D ToF-related assets, launching iToF series products for multimedia and robotics markets [8] - The company aims to develop a comprehensive solution combining 3D perception and AI computing to support various applications [8]

业绩方面，基金调研公司中，6家公司已经公布了一季报，净利润同比增幅最高的是中际旭创、顺络电 子，净利润增长幅度为56.83%、37.02%。公布一季度业绩预告的共有1家。以净利润增幅中值来看，净 利润增幅最高的是天融信，预计净利润中值为-7000.00万元，同比增幅为21.62%。（数据宝） 4月20日基金调研公司一览 昨日基金共对9家公司进行调研，扎堆调研甘源食品、顺络电子、中际旭创等。 证券时报·数据宝统计，4月20日共9家公司被机构调研，按调研机构类型看，基金参与9家公司的调研活 动，其中，10家以上基金扎堆调研公司共6家。甘源食品最受关注，参与调研的基金达39家；顺络电 子、中际旭创等分别获26家、24家基金集体调研。 基金参与调研的公司中，按所属板块统计，深市主板公司有3家，创业板公司有6家。所属行业来看，基 金调研的公司共涉及5个行业，所属医药生物行业最多，有3家公司上榜；电子、通信等紧随其后，分别 有2家、2家公司上榜。 从基金调研公司的A股总市值统计，总市值在500亿元以上的共有1家，总市值不足100亿元的有3家，分 别是透景生命、甘源食品、天融信等。 市场表现上，基金调研股中，近5日上涨的有 ...