广东信达律师事务所 股东大会法律意见书 中国深圳福田区益田路 6001 号太平金融大厦 11、12 层 邮政编码：518038 11、12/F.TaiPing Finance Tower, 6001 Yitian Road, Futian District, SHENZHEN, CHINA 电话(Tel.)：（86 755）88265288 传真（Fax.)：（86 755）88265537 电子邮件（Email）：info@sundiallawfirm.com 网址（Website）：www.sundiallawfirm.com 广东信达律师事务所 关于深圳市绿联科技股份有限公司 2025 年第一次临时股东大会的 法律意见书 信达会字（2025）第 276 号 广东信达律师事务所 股东大会法律意见书 实信用原则，现场审阅了本次股东大会的相关文件和资料，并得到了公司如下保 证：其向信达律师提供的与《股东大会法律意见书》相关的文件资料均是真实、 准确、完整、有效的，不包含任何误导性的信息，且无任何隐瞒、疏漏之处。 在本《股东大会法律意见书》中，信达律师根据《股东会规则》第六条的规 定仅对本次股东大会的召集、召开 ...

特别提示： 1.本次股东大会未出现否决议案的情形。 证券代码：301606 证券简称：绿联科技 公告编号：2025-036 深圳市绿联科技股份有限公司 2025 年第一次临时股东大会决议公告 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。 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 （一）会议召开情况 1.会议召开时间 现场会议时间：2025 年 9 月 15 日（星期一） 14:30 网络投票时间：2025 年 9 月 15 日 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 9 月 15 日上午 9:15-9:25、9:30-11:30，下午 13:00-15:00； 通过深圳证券交易所互联网投票系统进行网络投票的具体时间为 2025 年 9 月 15 日 9:15-15:00 的任意时间。 2.会议召开地点：深圳市龙华区龙观西路龙城工业区御安 7 栋 1 楼会议室 3.会议召开方式：本次会议采取现场表决与网络投票相结合的方式召开 4.会议召集人：公司董事会 5.会议主持人：董事长张清森先生 6.本次会议 ...

证券代码：301606 证券简称：绿联科技 公告编号：2025-039 1.审议并通过《关于使用部分闲置募集资金进行现金管理和自有资金进行 委托理财的议案》 经审议，监事会认为：公司（含子公司）本次使用部分闲置募集资金进行现 金管理和自有资金进行委托理财的事项不会对公司经营活动造成不利影响，符合 公司利益，不存在损害公司及全体股东利益的情形。本议案的内容和决策程序符 合《上市公司募集资金监管规则》《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》等有关法律法规的规定。 保荐人对本事项发表了明确同意的核查意见。 具体内容详见公司同日披露在巨潮资讯网（www.cninfo.com.cn）的相关公 告。 深圳市绿联科技股份有限公司 第二届监事会第九次会议决议公告 本公司及监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。 一、监事会会议召开情况 深圳市绿联科技股份有限公司（以下简称"公司"）第二届监事会第九次会 议于 2025 年 9 月 11 日在公司会议室以现场方式召开。会议通知已于 2025 年 9 月 5 日以电话通知方式送达各监事。会议应出席监 ...

关于公司董事离任及选举职工董事的公告 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。 证券代码：301606 证券简称：绿联科技 公告编号：2025-037 深圳市绿联科技股份有限公司 一、董事离任情况 深圳市绿联科技股份有限公司（以下简称"公司"）董事会于近日收到公司 非独立董事、副总经理李雷杰先生的辞职报告。因公司内部工作调整，李雷杰先 生申请辞去第二届董事会非独立董事职务（原定任期届满之日为 2027 年 5 月 31 日），辞职后其仍担任公司副总经理。李雷杰先生的辞职不会导致公司董事会成 员低于法定最低人数，不会影响公司董事会的正常运作。 截至本公告披露日，李雷杰先生未直接持有公司股份，通过深圳市绿联管理 咨询合伙企业（有限合伙）间接持有公司股份 9,975,000 股，通过深圳市和顺三 号管理咨询合伙企业（有限合伙）间接持有公司股份 404,815 股，间接合计持股 10,379,815 股，占公司总股本的 2.5017%。根据《中华人民共和国公司法》（以 下简称"《公司法》"）及《公司章程》的有关规定，李雷杰先生的辞职报告自 送达公司董事会之日起生 ...

华泰联合证券有限责任公司 关于深圳市绿联科技股份有限公司 使用部分闲置募集资金进行现金管理 和自有资金进行委托理财的核查意见 华泰联合证券有限责任公司（以下简称"华泰联合证券"或"保荐人"）作 为深圳市绿联科技股份有限公司（以下简称"绿联科技"或"公司"）首次公开 发行股票并在创业板上市持续督导阶段的保荐人，根据《证券发行上市保荐业务 管理办法》《上市公司募集资金监管规则》《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《深圳证券交易所上市公司自律监管指引第 13 号——保荐业务》等有关规定， 对绿联科技使用部分闲置募集资金进行现金管理和自有资金进行委托理财事项 进行了审慎尽职调查，具体核查情况如下： 一、募集资金基本情况 经中国证券监督管理委员会《关于同意深圳市绿联科技股份有限公司首次公 开发行股票注册的批复》（证监许可〔2024〕402 号）同意注册，并经深圳证券交 易所同意，公司首次公开发行人民币普通股（A 股）4,150 万股，每股面值为人 民币 1.00 元，发行价格为 21.21 元/股，本次实际募集资金总额为人民币 88,021 ...

Investment Rating - The investment rating for the company is "Buy" and it is maintained [6]. Core Views - The company is currently in an expansion phase focusing on channel and regional development, with product innovation enhancing its brand momentum. The second half of the year is expected to show the benefits of domestic brand upgrades, while overseas growth is anticipated through e-commerce and offline expansion. The NAS products continue to lead consumer education, and the iteration of charging products is accelerating, benefiting from iPhone upgrades and compliance certifications for mobile power supplies. Long-term, the company aims to strengthen the Ugreen brand through product quality and user insights, which will further expand its product categories [2][10]. Financial Performance - In Q2 2025, the company achieved a revenue of 2.03 billion yuan, representing a year-on-year growth of 39%. The net profit attributable to the parent company was 124 million yuan, up 19% year-on-year [4]. - For H1 2025, the main growth categories were charging and storage products, with revenues of 1.43 billion yuan and 1.03 billion yuan respectively, showing year-on-year growth of 44% and 29%. The overseas business grew by 51% compared to the domestic growth of 27% [10]. - The gross margin for H1 2025 decreased by 1.4 percentage points, primarily due to an increase in the offline sales proportion [10]. Product Innovation and Market Strategy - The company has accelerated product innovation and channel expansion, launching new products such as the NAS model DH4300Plus and upgraded charging products, including the MagFlow magnetic wireless charger. The new AI headphones feature adaptive noise cancellation and AI voice assistant capabilities [10]. - The company is enhancing its market coverage through deep penetration in online platforms and localizing its offline channels, while also focusing on brand-building activities to improve its high-end and youthful brand image [10]. Future Outlook - The company expects to see the effects of brand upgrade investments in the second half of the year, with continued strong growth in overseas markets. The forecasted net profits for 2025, 2026, and 2027 are projected to be 680 million yuan, 950 million yuan, and 1.16 billion yuan respectively [10].

Investment Rating - The report maintains a "Recommended" investment rating for the electronic industry [3] Core Insights - The electronic industry is experiencing a new wave of performance growth driven by AI, with significant opportunities in semiconductor and consumer electronics sectors [5][6] - The report highlights the strong recovery in the semiconductor sector, particularly in analog and digital chips, with AI being a core growth driver [5][6] - Consumer electronics are also benefiting from AI, with companies like Anker Innovation and Ugreen achieving over 30% revenue growth [5][6] Semiconductor Sector Summary - **Analog Chips**: Revenue reached 24.405 billion yuan, up 13.12% year-on-year, with a net profit of 502 million yuan, up 280.49% [7] - **Digital Chips**: Revenue of 87.129 billion yuan, a 24.72% increase, with net profit of 9.050 billion yuan, up 35.32% [16] - **Power Semiconductors**: Net profit for Q2 reached 2.873 billion yuan, a 45.3% increase year-on-year, indicating a recovery phase [26] - **Semiconductor Manufacturing**: Revenue for H1 was 27.273 billion yuan, down 24.7% year-on-year, but showing signs of recovery in Q2 [34] - **Semiconductor Equipment**: The sector saw a 30.6% increase in revenue, totaling 41.509 billion yuan, with net profit of 6.631 billion yuan, up 19.8% [47] Consumer Electronics Summary - Companies like Anker Innovation and Ugreen reported over 30% growth in revenue and net profit, driven by brand strength and product innovation [5] - The demand for new consumer electronics products such as AR glasses and smart speakers is expected to drive further innovation and market recovery [5] PCB and Components Summary - PCB demand is surging due to AI-related capital expenditures, with companies like Shenzhen Circuit achieving significant order growth [5] - The MLCC market is also showing good growth, with companies expanding their product matrices to meet diverse market needs [5] Investment Recommendations - The report suggests focusing on companies involved in computing power-related sectors, including PCB, domestic computing power, IP licensing, and chip inductors [5] - Key companies to watch include Cambrian, Haiguang Information, and SMIC, among others [5]

Company Overview - Shenzhen Ugreen Technology Co., Ltd. was established on March 16, 2012, and is located in Longhua District, Shenzhen, Guangdong Province [2] - The company specializes in the research, design, production, and sales of 3C consumer electronics, providing comprehensive digital solutions [2] - Main product categories include charging products (37.01%), transmission products (26.64%), audio and video products (16.34%), storage products (10.75%), mobile peripherals (7.88%), and others (1.33%) [2] Financial Performance - For the first half of 2025, Ugreen achieved operating revenue of 3.857 billion yuan, a year-on-year increase of 40.60% [2] - The net profit attributable to the parent company was 275 million yuan, reflecting a year-on-year growth of 32.74% [2] - Since its A-share listing, the company has distributed a total of 373 million yuan in dividends [3] Stock Market Activity - As of September 8, Ugreen's stock price increased by 2.03%, reaching 64.95 yuan per share, with a total market capitalization of 26.948 billion yuan [1] - Year-to-date, the stock price has risen by 74.60%, with a 0.61% decline over the last five trading days, a 10.08% increase over the last 20 days, and a 26.34% increase over the last 60 days [1] - The company has appeared on the "Dragon and Tiger List" twice this year, with the most recent instance on January 9, where it recorded a net buy of -24.6681 million yuan [1] Shareholder Structure - As of June 30, 2025, the number of shareholders was 9,576, a decrease of 10.17% from the previous period [2] - The average number of circulating shares per shareholder increased by 11.32% to 3,467 shares [2] - Major shareholders include Hong Kong Central Clearing Limited and various mutual funds, with notable increases in holdings from several funds [4]

Group 1 - Ugreen Technology (SZ 301606) announced that it will accept investor research from September 1 to September 5, 2025, with participation from the board secretary and financial head Wang Lizhen, and securities representative Shen Liqun [1] - For the first half of 2025, Ugreen Technology's revenue composition is 100% from the consumer electronics sector [1] - As of the report date, Ugreen Technology has a market capitalization of 26.4 billion yuan [1] Group 2 - The article highlights a significant shift in the perception of Chinese data by multinational pharmaceutical companies, indicating a breakthrough in China's innovative drug sector [1]

Core Viewpoint - The company, Shenzhen Ugreen Technology Co., Ltd., has engaged with 32 institutions and 89 participants during a recent investor research event, highlighting its revenue distribution and overseas expansion strategies. Group 1: Revenue Insights - In the first half of the year, Ugreen's revenue from major domestic e-commerce platforms was as follows: Tmall generated 425 million yuan, accounting for 11.01% of main business revenue; JD.com generated 513 million yuan, accounting for 13.30% of main business revenue [1]. Group 2: Overseas Expansion Strategy - Ugreen has established a presence in Hong Kong, the United States, and Germany to enhance its overseas market penetration. The company plans to recruit management and sales talents with international experience and strong marketing skills, while also optimizing its compensation management system to attract and retain top talent [2]. Group 3: Historical Development - Founded in 2012, Ugreen began its brand development by entering major domestic e-commerce platforms like Tmall and JD.com. From 2013 to 2015, the company expanded globally by joining international platforms like Amazon and building offline distribution networks. Between 2016 and 2019, it focused on product design and supply chain enhancements. From 2020 to 2023, Ugreen deepened its brand strategy and localization efforts, and since 2024, it has continued to enhance brand localization and announced a global brand ambassador [3]. Group 4: Product Offering - Ugreen's NAS products cover a full range from entry-level to mid-to-high-end, with prices starting from around 1,000 yuan to several thousand yuan. The entry-level products are cost-effective and suitable for general users, while mid-to-high-end products cater to small businesses or individuals with higher data storage needs [4]. Group 5: Production Model - Ugreen has developed a dual-driven smart supply chain system comprising "outsourced finished product procurement + self-production." The company has strengthened its self-production capabilities through its subsidiaries, with self-production accounting for over 20% and outsourced production for about 70% in recent years [5]. Group 6: Audio and Video Product Highlights - Ugreen's audio and video product line includes various types of headphones and microphones. New products include the T6s×Xiaolong Green co-branded headphones with deep noise cancellation and high-resolution sound; the HiTune T6s headphones, which received a national A-level 52dB noise reduction certification; the HiTune Max6 headphones featuring AI real-time translation; the HiTune S7 headphones designed for sports with lightweight and waterproof features; and the HiTune S8 headphones that combine active noise cancellation with AI capabilities for a comfortable and interactive experience [6].