关于深圳麦格米特电气股份有限公司 申请申请向特定对象发行股票审核问询函 有关财务问题回复的专项说明 中国杭州市钱江新城新业路 8 号 UDC 时代大厦 A 座 5-8 层、12 层、23 层 www.zhcpa.cn Floors5-8,12and23,Block A,UDC Times Building,No.8 Xinye Road，Qianjiang New City,Hangzhou Tel.0571-88879999 Fax.0571-88879000 关于深圳麦格米特电气股份有限公司 申请向特定对象发行股票审核问询函 有关财务问题回复的专项说明 中汇会专[2025]10598 号 深圳证券交易所： 根据贵所 2025 年 8 月 6 日出具的《关于深圳麦格米特电气股份有限公司申 请向特定对象发行股票的审核问询函》（审核函〔2025〕120028 号） （以下简 称"问询函"）的要求，我们作为深圳麦格米特电气股份有限公司（以下简称"公 司""麦格米特"或"发行人"） 申请向特定对象发行股票的申报会计师，对 问询函有关财务问题进行了认真分析，并补充实施了核查程序。现就问询函有关 财务问题回复如下： 如 ...

国金证券股份有限公司 关于深圳麦格米特电气股份有限公司 之 发行保荐书 保荐人（主承销商） （成都市青羊区东城根上街 95 号） 深圳麦格米特电气股份有限公司 2025 年度向特定对象发行股票之发行保荐书 声明 本保荐机构及保荐代表人根据《中华人民共和国公司法》 《中华人民共和国证券 法》《上市公司证券发行注册管理办法》《证券发行上市保荐业务管理办法》等有关 法律、行政法规和中国证券监督管理委员会的规定，诚实守信，勤勉尽责，严格按 照依法制订的业务规则、行业执业规范和道德准则出具本发行保荐书，并保证所出 具文件的真实性、准确性和完整性。 象发行股票之发行保荐书 目 录 三、保荐机构及其关联方与发行人及其关联方之间的利害关系及主要业务往来情 深圳麦格米特电气股份有限公司 2025 年度向特定对象发行股票之发行保荐书 释义 本发行保荐书中，除非文义另有所指，下列简称和术语具有如下含义： 公司、发行人、麦格米特 指 深圳麦格米特电气股份有限公司 国金证券、本保荐机构 指 国金证券股份有限公司 国金证券股份有限公司关于深圳麦格米特电气股份有限 本发行保荐书、发行保荐书 指 公司向特定对象发行股票之发行保荐书 深圳麦格 ...

深圳麦格米特电气股份有限公司 Shenzhen Megmeet Electrical Co., Ltd. （住所：深圳市南山区高新区北区朗山路 13 号 清华紫光科技园 5 层 A、B、C501-503、D、E） 及 国金证券股份有限公司 关于深圳麦格米特电气股份有限公司 申请向特定对象发行股票 的审核问询函的回复 保荐人（主承销商） （四川省成都市东城根上街 95 号） 深圳证券交易所： 贵所于 2025 年 8 月 6 日出具的《关于深圳麦格米特电气股份有限公司申请 （审核函〔2025〕120028 号，以下简称"《审 向特定对象发行股票的审核问询函》 核问询函》"）已收悉，国金证券股份有限公司作为保荐人和主承销商，与发行 人、发行人律师及申报会计师对《审核问询函》所列问题认真进行了逐项落实， 同时按照《审核问询函》的要求对《深圳麦格米特电气股份有限公司 2025 年度 向特定对象发行股票募集说明书（申报稿）》（以下简称"募集说明书"）进行 了修订，现回复如下，请予审核。 如无特别说明，本回复报告中的简称或名词释义与募集说明书一致。 本问询函回复中的字体： 审核问询函所列问题 黑体（不加粗） 审核问询函所 ...

北京市嘉源律师事务所 关于深圳麦格米特电气股份有限公司 补充法律意见书（一） （豁免版） 西城区复兴门内大街 158 号远洋大厦 4 楼 中国·北京 北京 BEIJING·上海 SHANGHAI·深圳 SHENZHEN·香港 HONGKONG·广州 GUANGZHOU·西安 XI'AN 致：深圳麦格米特电气股份有限公司 北京市嘉源律师事务所 关于深圳麦格米特电气股份有限公司 补充法律意见书（一） （豁免版） 嘉源（2025）-01-411 敬启者： 根据发行人与本所签订的《专项法律顾问协议》，本所担任发行人本次发行 的专项法律顾问，并获授权为本次发行出具律师工作报告及法律意见书。 本所已于 2025 年 7 月 3 日就发行人本次发行出具了嘉源（2025）-01-312 号《北京市嘉源律师事务所关于深圳麦格米特电气股份有限公司 2025 年度向特 定对象发行股票的律师工作报告》、嘉源（2025）-01-313 号《北京市嘉源律师 事务所关于深圳麦格米特电气股份有限公司 2025 年度向特定对象发行股票的法 律意见书》（以下合称"原法律意见书"）。 〔2025〕120028 号《关于深圳麦格米特电气股份有限公司 ...

关于 国金证券股份有限公司 深圳麦格米特电气股份有限公司 之 上市保荐书 保荐人（主承销商） （成都市青羊区东城根上街 95 号） 二〇二五年八月 深圳麦格米特电气股份有限公司 2025 年度向特定对象发行股票之上市保荐书 声明 国金证券股份有限公司及其保荐代表人已根据《中华人民共和国公司法》 《中 华人民共和国证券法》等法律法规和中国证监会及深圳证券交易所的有关规定， 诚实守信，勤勉尽责，严格按照依法制订的业务规则和行业自律规范出具上市保 荐书，并保证所出具文件真实、准确、完整。 深圳麦格米特电气股份有限公司 2025 年度向特定对象发行股 票之上市保荐书 四、本次证券发行符合《证券期货法律适用意见第 18 号》的相关规定 .....28 深圳麦格米特电气股份有限公司 2025 年度向特定对象发行股票之上市保 荐书 | 深圳麦格米特电气股份有限公司 | | | | | | | | | | | 2025 | | | | | | | 年度向特定对象发行股票之上市保荐书 | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | ...

Financial Performance - Company achieved operating revenue of 20.509 billion yuan in the first half of the year, a year-on-year increase of 26.73% [1] - Net profit attributable to shareholders reached 2.968 billion yuan, with a year-on-year growth of 40.15%, significantly outperforming the industry average [1] - Net profit after deducting non-recurring gains and losses was 2.671 billion yuan, up 29.15% year-on-year [1] - Operating cash flow net amount reached 3.020 billion yuan, a substantial increase of 65.24% compared to the previous year [1] Business Segments - Intelligent manufacturing segment (including general automation and smart elevators) generated revenue of 11.244 billion yuan, a year-on-year increase of 12.96%, with a gross margin of 40.75%, up 0.94 percentage points [1] - New energy and rail transit segment revenue was 9.266 billion yuan, a year-on-year increase of 48.74, becoming the core driver of performance growth [1][2] New Energy Vehicle Business - Revenue from the new energy vehicle business reached 9 billion yuan, a year-on-year increase of 50%, benefiting from a domestic penetration rate of 44.3% and a 75.2% increase in overseas exports [2] - The company has secured over 30 domestic passenger car projects and five new overseas customer projects, covering all product categories [2] - New generation products, including the fourth-generation product platform and fifth-generation powertrain platform, are in development, with customer testing expected to start in the second half of 2025 [2] Industrial Automation Market - General automation business achieved revenue of 8.8 billion yuan, a year-on-year increase of 17%, with leading market shares in core products [3] - Smart elevator business revenue was 2.3 billion yuan, a slight decrease of 1% year-on-year, but the company is expanding overseas and focusing on the old elevator upgrade market [3] - Rail transit business revenue was 220 million yuan, remaining stable year-on-year, with new orders for magnetic traction systems [3] Research and Development - R&D investment reached 1.966 billion yuan, a year-on-year increase of 33.47%, with an R&D expense ratio of 9.58% [4] - The company has 6,118 R&D personnel, accounting for 40% of total employees, and has filed 121 new patent applications [4] - Global revenue reached 1.32 billion yuan, a year-on-year increase of 39%, with significant growth in emerging markets [4]

证券研究报告 | 投资策略研究*周报 2025 年 08 月 21 日 投资策略研究 并购重组周报（2025/08/15-2025/08/21） 2025/08/15-2025/08/21 期间，新增并购重组的上市公司有 3家，分别 为镇洋发展、通业科技、ST 景谷，涉及的并购重组事件有 3 个，涉及的上 市公司中镇洋发展为目标方，通业科技为竞买方，ST景谷为出让方，本期间 并购重组上市公司涉及的行业有基础化工、机械设备、农林牧渔。 镇洋发展：公司主要从事氯碱相关产品的研发、生产与销售，核心产品包括 氯碱类产品、MIBK 类产品、PVC 类产品以及其他化工产品。其中，氯碱类产 品涵盖烧碱、氯化石蜡、ECH 等，广泛应用于农业、电力、石油化工、医药、 冶炼、新能源材料、轻工、纺织、印染等多个领域。MIBK 类产品主要用于溶 剂、涂料等行业，而 PVC 类产品则用于建筑材料、包装材料等领域。公司产 品结构丰富，覆盖多个细分市场，并通过直销和经销两种销售模式进行市场 拓展。2024 年，公司主营业务收入达到 28.98 亿元，同比增长 37.06%，主 要得益于 PVC 产品的投产和销售。本次交易由浙江沪杭甬高速公 ...

Company Overview - Shenzhen Magmeter Electric Co., Ltd. was established on September 9, 2010, based on Shenzhen Magmeter Electric Technology Co., Ltd. [1] - The company is registered in Nanshan District, Shenzhen, with a registered capital of RMB 545.625 million and a total share capital of 545.625 million shares, each with a par value of RMB 1 [1]. - The company completed its initial public offering of 44.5 million shares in February 2017, increasing its total share capital to 177.725 million shares [1]. Share Capital Changes - In September 2017, the company implemented a restricted stock incentive plan, increasing its share capital by 2.941 million shares, bringing the total to 180.666 million shares [2]. - In September 2018, the company issued 41.972884 million shares, raising the total share capital to 312.972104 million shares [3]. - By November 2022, the company had completed a series of capital adjustments, resulting in a total share capital of 497.571674 million shares by the end of 2023 [4]. Corporate Structure - The company has established a governance structure that includes a shareholders' meeting, board of directors, supervisory board, and management team, along with several specialized committees [5]. - The main business scope includes research, development, design, production, and sales of electrical and electronic products, as well as providing necessary engineering services and technical consulting [5]. Financial Reporting - The financial statements are prepared based on the going concern assumption and comply with the relevant accounting standards and regulations [6][7]. - The company has established specific accounting policies and estimates for revenue recognition, financial instrument impairment, fixed asset depreciation, and other financial matters [7]. Accounting Policies - The company follows the enterprise accounting standards for the preparation of financial statements, ensuring that they reflect the true financial position and performance [7]. - The accounting period is from January 1 to December 31, and the company uses RMB as its functional currency for domestic operations [7]. Financial Instruments - Financial instruments are classified into categories based on the company's business model and cash flow characteristics, including those measured at amortized cost and those measured at fair value [20][23]. - The company recognizes financial assets and liabilities at fair value upon initial recognition, with subsequent measurement based on their classification [20][24].

Core Viewpoint - Shenzhen Megmeet Electric Co., Ltd. plans to issue shares to specific investors in 2025, with the underwriting by Guojin Securities, ensuring compliance with relevant laws and regulations [1][10]. Group 1: Issuance Details - The issuance will be a private placement of shares, targeting up to 35 specific investors, including the controlling shareholder, Tong Yongsheng [16][17]. - The maximum number of shares to be issued is 163,694,084, not exceeding 30% of the total share capital before the issuance [19]. - The issuance price will be no less than 80% of the average trading price over the 20 trading days prior to the pricing date [16][11]. Group 2: Use of Proceeds - The funds raised will be allocated to projects closely related to the company's main business, including the expansion of the global R&D center, construction of an intelligent power and control R&D testing center, and the expansion of production bases [12][13][21]. - The total planned investment for these projects is approximately 280 million yuan, with a significant portion allocated to capital expenditures [22]. Group 3: Compliance and Internal Review - Guojin Securities has conducted necessary due diligence and internal reviews, confirming that the application documents meet legal requirements and do not contain false statements or omissions [6][10]. - The internal review process involved multiple departments to ensure the accuracy and completeness of the application materials [5][6]. Group 4: Risk Management - The company operates in a technology-intensive industry, which requires continuous adaptation to technological advancements and market conditions to maintain its competitive edge [23][24]. - The company has implemented measures to retain core technical personnel and ensure stable management, which are critical for its future development [25].

Core Viewpoint - Infineon Technologies predicts significant growth in its AI-related business, expecting revenues to reach €600 million in FY2025 and €1 billion in FY2026, reflecting the semiconductor market's development trends [1] Group 1: AI and Robotics Market - Infineon is a leader in automotive chips, power semiconductors, and third-generation semiconductors, with a global market share of 13.5% in automotive electronics and 17.7% in power discrete devices [2] - The company plans to increase investments in AI and robotics markets, leveraging its power products to address the energy demands of AI applications [2] - Infineon's power solutions, integrating silicon, silicon carbide, and gallium nitride technologies, aim to enhance energy efficiency to over 97.5%, significantly reducing carbon emissions in data centers [3] Group 2: Localization Strategy - Infineon emphasizes a "localization in China" strategy, responding to the changing geopolitical landscape and the need for local supply chains in the semiconductor industry [4] - The company aims to expand local production of MCUs and MOSFETs, enhancing collaboration with local foundries and manufacturing partners [4] - Infineon recognizes the rapid development of the domestic semiconductor industry as an opportunity, particularly in AI and automation sectors, and plans to support industry growth through its ecosystem [5]