邮编: 710065 上海市锦天城(西安)律师事务所 法律意见书 上海市锦天城(西安)律师事务所关于 中航富士达科技股份有限公司2024年年度股东大会律师见证的 法律意见书 致:中航富士达科技股份有限公司 上海市锦天城(西安)律师事务所 关于中航富士达科技股份有限公司 2024年年度股东大会律师见证的 法律意见书 多所 the x 佛/ CHT LAW OFFICES ATTIS 地址:西安市高新区艾 1003路10: 中铁西安中心32层 电话: 029-89840840 传真:029-89840848 2025 年 4 月 24 日 13:00,中航富士达科技股份有限公司(以下简称"公 司")召开 2024年年度股东大会(以下简称"本次股东大会"),上海市锦天城(西 安)律师事务所(以下简称"本所")接受公司的委托,指派陈浩然、李泽芾律师 (以下简称"本所律师")出席本次股东大会,并根据《中华人民共和国公司法》 《中华人民共和国证券法》等相关法律、法规、规范性文件和《中航富士达科技 股份有限公司章程》(以下简称"《公司章程》")的有关规定,出具本法律意见 书。 为出具本法律意见书,本所及本所律师依据《律师事 ...

Group 1 - The core viewpoint of the article highlights the significant stock price increases of 5G-related companies, including Huamai Technology and Wuhan Fangu, which both reached the daily limit of increase [1] - The article reports that Dali Ke Pu also hit a 20% limit increase, while Shuo Bei De rose over 10%, and several other companies saw increases exceeding 5% [1] - The context for this surge in stock prices is linked to a press conference held by the State Council Information Office, where key economic data for the first quarter was released [1] Group 2 - As of the end of March, a total of 4.395 million 5G base stations have been built and put into operation, indicating substantial infrastructure development in the 5G sector [1] - The number of 10G PON ports capable of providing gigabit network services reached 29.25 million, reflecting advancements in network capabilities [1] - The penetration rate of 5G users has reached 75.9%, showcasing the growing adoption of 5G technology among consumers [1]

Summary of the Conference Call Company and Industry Overview - The conference call focused on **Fushida**, a listed company on the Beijing Stock Exchange, specializing in aerospace, satellite communications, and military applications, with a strong emphasis on **5G and 6G technologies** as well as **AI-related communications** [1][2][3]. Key Points and Arguments Financial Performance - For the year 2024, Fushida anticipates it to be one of the most challenging years in recent times due to insufficient market demand, which has significantly impacted both scale and profit [4]. - The company's revenue for the previous year was approximately **800 million** yuan, showing a slight decline, but it managed to maintain a two-digit growth in the civilian sector [4][5]. - The gross margin decreased from **41% to 35%**, attributed to changes in product mix and increased R&D investments despite lower demand [5][6]. - The operating profit margin remained stable at around **7%**, which is considered normal for the industry [6][7]. Business Segments - The company reported a **45%** revenue contribution from civilian products, while military and aerospace products accounted for the remaining **55%** [15]. - The commercial satellite segment is expected to grow, with ongoing projects and deliveries anticipated in the upcoming months [9][16]. - The military sector is projected to rebound in 2025, following a low point in 2024, as many projects are expected to resume [17][34]. R&D and Product Development - Fushida has been increasing its R&D investment, reaching **11%** of revenue in 2024, focusing on new product development to stabilize gross margins [27][24]. - The company is working on high-temperature ceramic products and has achieved production capabilities that meet international standards, primarily targeting military applications [13][14]. - The company is also involved in quantum communication technologies, although the current market contribution is limited [22]. Market Outlook - The demand for commercial satellites is expected to grow significantly, although pricing pressures may affect profitability [16][18]. - The company anticipates stable growth in civilian products, particularly in telecommunications, driven by major clients like Huawei [20][21]. - The military sector is expected to see a resurgence in orders, particularly in traditional military products, as the government emphasizes completing tasks set during the 14th Five-Year Plan [17][34]. Challenges and Strategic Focus - The company faces challenges in scaling production due to a shortage of skilled labor, which may impact the ability to meet increasing order volumes [35][36]. - Fushida is committed to maintaining its strategic direction and investing in new product development despite external market pressures [6][7]. Additional Important Information - The company has a robust order backlog, particularly in military projects, which are expected to drive revenue in the coming years [33][34]. - The conference highlighted the importance of maintaining strong relationships with key clients and adapting to market demands to ensure sustainable growth [10][19]. This summary encapsulates the critical insights from the conference call, providing a comprehensive overview of Fushida's current status, challenges, and future outlook in the aerospace and telecommunications sectors.

Summary of Conference Call Notes Industry Overview - The conference call primarily discusses the satellite communication industry, focusing on companies involved in satellite manufacturing and internet services, particularly in the context of the Chinese market and global trends in satellite technology and applications [1][2][3][4][5][6][7][8][9][10][11][12][13]. Key Points and Arguments 1. **Satellite Manufacturing Capabilities** - Changguang Satellite has a production capacity exceeding 200 satellites annually, including both communication and remote sensing satellites, indicating a robust manufacturing capability in the domestic market [1]. 2. **Growth in Satellite Internet Subscribers** - A report from a company named Yixing indicates that by 2024, the number of satellite internet subscribers is expected to reach approximately 2.48 million, with a year-on-year growth of about 11%. The IoT subscriber base is projected to be around 1.902 million, growing at 14%, which constitutes 76.6% of the total user base [2]. 3. **Revenue from IoT Data Services** - The commercial services segment, particularly IoT data revenue, accounts for over 60% of Yixing's income, highlighting the significant market potential for IoT applications in various sectors such as agriculture, logistics, and personal communication devices [3]. 4. **Future Projections for IoT Users** - By 2030, Yixing anticipates reaching 3 million IoT users, generating annual revenues exceeding $200 million, with key growth areas identified in agriculture, logistics, cold chain tracking, and personal communication devices [3]. 5. **Expansion of Direct Satellite Communication** - Yixing expects to add 500,000 to 1 million new users through NTN (Non-Terrestrial Network) services, with projected annual revenues between $220 million and $300 million, indicating a broad demand for satellite connectivity in smart devices and vehicle networks [4]. 6. **Market Potential for Satellite Communication** - The satellite communication market is projected to reach $15 billion to $20 billion, driven by growth in IoT, government broadband, and direct mobile connections, suggesting a significant expansion opportunity in the coming years [4]. 7. **Commercial Space Launches** - In 2024, China is expected to conduct approximately 43 commercial rocket launches, with a notable contribution from private enterprises, indicating a growing commercial space sector [6][7]. 8. **Increase in Satellite Deployments** - By 2014, China had launched 201 commercial satellites, with a growth rate exceeding 80% since 2013, predominantly in communication satellites, which accounted for 60% of the total [8]. 9. **Emergence of New Satellite Constellations** - New satellite constellations, such as Qianfan and Guowang, have been established, with Qianfan reaching 54 satellites, enhancing global satellite communication capabilities [9]. 10. **Investment Opportunities in Satellite Internet** - The conference highlighted the potential for investment in satellite internet technologies, particularly in the context of the evolving landscape of commercial space and satellite communication [10][12]. 11. **Focus on Rocket Manufacturing and Launch Capabilities** - The discussion emphasized the importance of rocket manufacturing capabilities, with projections indicating a need for 200 to 300 rocket launches to deploy a significant number of satellites, underscoring the scale of investment required in this sector [11]. 12. **Potential for Space Tourism and Commercial Ventures** - The potential for space tourism and related commercial ventures is noted as a significant growth area, with examples of recent private space missions highlighting the expanding market [5][6]. Additional Important Content - The call also touched on the competitive landscape of satellite communication, with a focus on the advantages held by companies like Yixing in the IoT and government sectors, as well as the anticipated technological advancements in rocket launches and satellite deployment [4][10][12].

Group 1 - In the past month (from March 15 to April 14), 29 companies listed on the Beijing Stock Exchange (BSE) received institutional research, with Yizhi Moyu being the most popular, attracting 103 participating institutions [1] - The types of institutions conducting research include 28 brokerages, 21 funds, 15 private equity firms, 9 insurance companies, and 3 overseas institutions [1] - The companies that received the most attention after Yizhi Moyu include Audiwei, Fujida, and Deyuan Pharmaceutical, with 65, 63, and 60 participating institutions respectively [1] Group 2 - The average stock price of the companies that received institutional research on the BSE fell by 0.78% over the past month, with 9 stocks experiencing price increases [2] - The top gainers included Huaguang Yuanhai, Yizhi Moyu, and Minsida, with increases of 66.57%, 51.30%, and 33.63% respectively [2] - The average market capitalization of all companies on the BSE is 2.806 billion yuan, while the average market capitalization of the companies that received research is 3.307 billion yuan [2] Group 3 - The most frequently researched company was Yizhi Moyu, which had 4 research sessions, while Langhong Technology, Tianming Technology, and Weimao Electronics were each researched 2 times [1] - The companies with the highest average turnover rates included Huaguang Yuanhai, Zhongke Meiling, and Guohang Yuanyang, with rates of 28.53%, 19.15%, and 17.16% respectively [2]

Financial Performance - The company's basic earnings per share decreased by 65.03% to 0.2723 yuan in 2024 from 0.7786 yuan in 2023 [1] - Net profit fell by 65.07% to 0.51 billion yuan in 2024 compared to 1.46 billion yuan in 2023 [1] - Operating revenue declined by 6.38% to 7.63 billion yuan in 2024 from 8.15 billion yuan in 2023 [1] - Return on equity dropped significantly by 67.5% to 5.96% in 2024 from 18.34% in 2023 [1] Shareholder Structure - The top ten unrestricted shareholders hold a total of 11,253.54 million shares, accounting for 64.1% of the circulating shares, with a decrease of 1,635.30 million shares compared to the previous period [1] - Major shareholders include AVIC Optoelectronics with 8,755.18 million shares (49.88%) and Beijing Galaxy Dingfa Venture Capital with 1,027.51 million shares (5.85%), both remaining unchanged [2] - Several new shareholders entered the top ten list, including Zhou Dongsheng and Jia Shi Information Industry Fund, while the Shaanxi Venture Capital Guiding Fund exited [2] Dividend Distribution - The company announced a dividend distribution plan of 1 yuan per share (including tax) [3]

（三）独立董事及其配偶、父母、子女不是直接或间接持有公司已发行 股份百分之五以上的股东，未在公司前五名股东任职； 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记 载、误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个 别及连带法律责任。 根据《上市公司独立董事管理办法》《中航富士达科技股份有限公司章程》 （以下简称"《公司章程》"）及《独立董事工作制度》等相关规定，并结合 独立董事出具的《独立董事独立性自查表》，结合其他相关资料，中航富士达 科技股份有限公司（以下简称"公司"）董事会就公司在任独立董事张功富先 生、张福顺先生、刘自成先生的独立性情况进行评估（其中：张功富先生、 张福顺先生 2024 年度全年任公司独立董事，刘自成先生自 2024 年 2 月 23 日起经 2024 年第二次临时股东大会审议通过后开始履行独立董事职责）并 出具如下专项意见。 （一）独立董事及其配偶、父母、子女、具有主要社会关系的人员未在 公司或公司附属企业任职； （四）独立董事及其配偶、父母、子女未在公司控股股东、实际控制人 的附属企业任职； （五）独立董事不是公司及公司控股股东、实际控制人或者其 ...

中航证券有限公司 关于中航富士达科技股份有限公司 2024 年度募集资金存放与使用情况的专项核查报告 中航证券有限公司（以下简称"保荐机构"）作为中航富士达科技股份有限 公司（以下简称"富士达"、"公司"）向不特定合格投资者公开发行股票的保 荐机构，根据《北京证券交易所股票上市规则（试行）》、《证券发行上市保荐 业务管理办法》等相关法律法规以及北京证券交易所的规定，对富士达 2024 年 度募集资金存放与使用情况进行了核查，具体情况如下： 信永中和会计师事务所（特殊普通合伙）已于 2020 年 7 月 16 日对公司公开 发行股票的募集资金到位情况进行了审验，并出具了 XYZH/2020BJGX0772 号 《验资报告》。公司已经就本次募集资金的存放签订了《募集资金三方监管协议》， 募集资金已存储于募集资金专户。 （二）募集资金的专户存储情况 截至 2024 年 12 月 31 日止，公司募集资金专户已办理完成销户手续，相关 账户余额为零。 二、募集资金管理情况 1 公司按照《中华人民共和国公司法》《中华人民共和国证券法》《北京证券 交易所股票上市规则（实行）》等相关规定的要求制定了《募集资金管理办法》， 对 ...

证券代码：835640 证券简称：富士达 公告编号：2025-024 中航富士达科技股份有限公司 关于对会计师事务所2024年度履职情况评估报告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记 载、误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个 别及连带法律责任。 会计师事务所名称：大信会计师事务所（特殊普通合伙） 成立日期：2012 年 3 月 6 日 组织形式：特殊普通合伙 注册地址：北京市海淀区知春路 1 号 22 层 2206 （二）会计师事务所执业记录 签字注册会计师（项目合伙人）麻振兴、签字注册会计师程露、项目质量 控制复核人张玮近三年均无因执业行为受到刑事处罚，受到证监会及其派出机 构、行业主管部门等的行政处罚、监督管理措施，受到证券交易所、行业协会 等自律组织的自律监管措施、纪律处分。 二、质量管理水平 （一）项目咨询 年报审计过程中，大信所就公司重大会计审计事项与技术标准部及时咨 询，按时解决公司重点难点技术问题。 根据《国有企业、上市公司选聘会计师事务所管理办法》（财会[2023]4 号）有关要求，现将大信会计师事务所（特殊普通合伙）（以下简称"大信所" ...

证券代码：835640 证券简称：富士达 公告编号：2025-025 中航富士达科技股份有限公司 审计与风控委员会对会计师事务所 2024 年度履行监督职责情况的监督报告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记 载、误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个 别及连带法律责任。 根据《中华人民共和国公司法》《上市公司治理准则》《国有企业、上市公 司选聘会计师事务所管理办法》和中航富士达科技股份有限公司（以下简称"中 航富士达"或"公司"）的《公司章程》《审计与风控委员会议事规则》规定和要求， 审计与风控委员会本着勤勉尽责的原则，恪尽职守、认真履职，对大信会计师事 务所（特殊普通合伙）（以下简称"大信所"）2024 年度履职情况进行监督。现将 监督情况汇报如下： 一、核查外部审计机构的独立性和专业性 审计与风控委员会对大信所的专业资质、业务能力、诚信状况、独立性、过 往审计工作情况及其执业质量等进行了严格核查： 独立性方面，大信所审计人员未在本公司任职、未获取除法定审计必要费用 外任何现金及其他任何形式经济利益，与本公司之间不存在直接或者间接的相互 投资情况，审计 ...