苏州和林微纳科技股份有限公司 关于公司 2024 年度提质增效重回报专项行动方案的 半年度评估报告 为了贯彻落实关于开展科创板上市公司"提质增效重回报"专项行动的倡议， 落实以投资者为本的理念，推动上市公司持续优化经营、规范治理和积极回报投 资者，大力提高上市公司质量，助力信心提振、资本市场稳定和经济高质量发展 的精神，公司于 2024 年 4 月 26 日发布了《2024 年度"提质增效重回报"行动 方案》（以下简称"《行动方案》"）。 2024 年上半年，公司切实履行并持续评估《行动方案》的具体举措，现将 《行动方案》在报告期内的实施和效果评估情况报告如下： 一、聚焦主营业务，牢筑高质量发展根基 2024 年上半年，公司继续扩大优质客户群体，服务好已经进入供应链的客 户，积极、快速响应客户个性化、差异化需求。持续巩固与各应用领域既有客户 的合作基础，深化与大客户的合作关系，提升客户黏性，深入挖掘大客户业务发 展而衍生新的需求机会。同时强化市场销售及技术服务团队建设，加强销售和业 务发展部门自身专业素质培养，提高新产品应用的专业知识，提升业务队伍专业 化水平以及市场、技术服务保障能力，提升公司在精微制造领域 ...

Investment Rating - The report assigns a "Neutral" investment rating to the company, reflecting a downward adjustment due to underperformance in customer onboarding for semiconductor probes and increased operational costs [6]. Core Insights - The company, Helin Micro-Nano (688661), specializes in MEMS micro-components and semiconductor test probes, showcasing a range of core testing interface products at the 2024 Munich Shanghai Electronics Show [5]. - The MEMS market is projected to grow from approximately $13.6 billion in 2021 to $22.3 billion by 2027, with a compound annual growth rate (CAGR) of 9.0% [5]. - The company has established relationships with leading clients such as GoerTek, Luxshare Precision, and Nvidia, with a 20% market share in MEMS microphones [5]. Financial Summary - The company's total revenue for 2023 is projected at 286 million yuan, with an expected increase to 404 million yuan in 2024, representing a year-on-year growth rate of 41.4% [7]. - The net profit forecast for 2024 has been revised down to 62 million yuan, with projections of 107 million yuan and 151 million yuan for 2025 and 2026, respectively [6][9]. - The gross margin is expected to improve significantly from 25.1% in 2023 to 45.3% in 2024 [7]. Market Position - Helin Micro-Nano is positioned in the upstream of the MEMS and semiconductor supply chain, focusing on the production of precision components for various applications, including micro microphones and pressure sensors [5]. - The company is gaining traction in the semiconductor probe market, which has a low domestic production rate, indicating potential for growth as it develops new products [5].

天衡会计师事务所 (特殊普通合伙) 关于苏州和林微纳科技股份有限公司 2023 年年度报告的信息披露监管问询函的回复 上海证券交易所科创板公司管理部: 我们接受委托,对苏州和林微纳科技股份有限公司(以下简称"公司"或"和林微纳")2023 年度财务报表进行了审计,公司于 2024年 6 月 11 日收到贵部发来的《关于苏州和林微纳 科技股份有限公司 2023 年年度报告的信息披露监管问询函》(上证科创公函《2024】第 0173 号)(以下简称"问询函")。我们根据要求对相关问题进行了认真核查,现将有关情况回复如 下: 问题 1. 关于经营业绩 2021-2023 年，公司营业收入分别为 37,009. 97 万元、28,844. 22 万元、28,574. 83 万 元, 2023 年较 2021 年累计下滑 22.79%。其中,半导体芯片测试探针营业收入 5,786. 96 万 元,同比下滑 52.34%,毛利率 27.98%,同比下滑 17.54 个百分点;其他产品收入 1,987.83 万元,同比增长 57.63%,毛利率为 2.02%,同比下滑 18.93个百分点。利润端来看,2021- 2023 ...

证券代码：688661 证券简称：和林微纳 编号：2024-025 苏州和林微纳科技股份有限公司 关于 2023 年年度报告的信息披露监管问询函的回复公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 风险提示 公司半导体芯片测试探针业务收入下滑的主要原因为下游客户需求下降， 半导体芯片测试探针毛利率下滑主要原因为产品的销售结构发生变化及单位成 本上升，具有合理性；未来，公司将采取相应措施减缓行业风险对公司业务的冲 击，因此半导体芯片测试探针的收入和毛利率进一步下滑的风险相对可控。 公司业绩下滑主要系受宏观环境及下游行业需求周期性变动影响导致， 结合公司目前在手订单、业务开拓、产能规划等情况，随着未来下游行业需求改 善、新产品和新客户开发不断推进，以及募投项目的产能释放，未来持续亏损风 险可控。 公司 2023 年主要客户经营情况正常，还款能力较强，信用风险较低，且 回款情况良好，部分回款比例较低的客户也已给出相应的付款计划，不存在应收 款项无法收回的情形。 苏州和林微纳科技股份有限公司（以下简称"公司"或"和林微纳"） ...

国泰君安证券股份有限公司 关于苏州和林微纳科技股份有限公司 2023 年年报问询函回复的核查意见 苏州和林微纳科技股份有限公司（以下简称"公司"或"和林微纳"）于 2024 年6月11日收到上海证券交易所科创板公司管理部下发的上证科创公函【2024】 0173 号《关于苏州和林微纳科技股份有限公司 2023 年年度报告的信息披露监管 问询函》"）（以下简称"《问询函》"）。国泰君安证券股份有限公司（以下简称"国 泰君安"、"保荐机构"）作为和林微纳首次公开发行股票并在科创板上市和 2021 年度向特定对象发行股票的持续督导机构，与公司就《问询函》有关问题逐项进 行认真核查落实，现将有关问题回复如下： 问题 1.关于经营业绩 2021-2023 年，公司营业收入分别为 37,009.97 万元、28,844.22 万元、28,574.83 万元，2023 年较 2021 年累计下滑 22.79%。其中，半导体芯片测试探针营业收 入 5,786.96 万元，同比下滑 52.34%，毛利率 27.98%，同比下滑 17.54 个百分点； 其他产品收入 1,987.83 万元，同比增长 57.63%，毛利率为 2.0 ...

Dividend and Capital Increase Plans - The company plans to distribute a cash dividend of 0.8 CNY per 10 shares, totaling approximately 7.19 million CNY (before tax) based on a total share capital of 89,874,453 shares as of December 31, 2023[6]. - The company intends to increase its share capital by 3 shares for every 10 shares held, resulting in an additional 26,962,336 shares, raising the total share capital to 116,836,789 shares[6]. - The profit distribution and capital reserve increase plan has been approved by the board and requires shareholder meeting approval for implementation[7]. - The proposed profit distribution plan includes a cash dividend of 0.8 yuan per 10 shares (before tax), totaling approximately 7.19 million yuan[193]. - The company will issue 3 additional shares for every 10 shares held as part of the capital reserve fund conversion plan[197]. Financial Performance - The company's operating revenue for 2023 was CNY 28,574.83 million, a decrease of 0.93% compared to CNY 28,844.22 million in 2022[25]. - The net profit attributable to shareholders for 2023 was CNY -2,093.91 million, representing a decline of 154.92% from CNY 3,812.98 million in 2022[25]. - The net cash flow from operating activities was CNY -1,105.72 million, down 116.33% from CNY 6,769.04 million in the previous year[25]. - The basic earnings per share for 2023 was CNY -0.233, a decrease of 150.43% from CNY 0.462 in 2022[26]. - The company reported a net profit attributable to the parent company of -20.94 million RMB, a decrease of 154.92% year-on-year[35]. - The company’s total revenue for 2023 was 28,206.62 million, a decrease of 1.24% year-over-year, while operating costs increased by 21.65% to 21,415.11 million[114]. Research and Development - The company's R&D expenditure accounted for 25.26% of operating revenue, an increase of 6.60 percentage points from 18.66% in 2022[26]. - The company achieved a total R&D investment of 72.17 million yuan, a 34.11% increase compared to the previous year[78]. - The company added 1 invention patent and 8 utility model patents during the reporting period, bringing the total to 114 patents[76]. - The company is focusing on new product development and process improvements, leading to increased R&D personnel and costs[79]. - The company’s R&D investment for 2023 was CNY 72.17 million, an increase of 34.11% year-on-year, with the number of R&D personnel increasing by 20.29%[87]. Market and Industry Trends - The semiconductor testing industry is experiencing growth driven by the increasing complexity of manufacturing processes and the rising demand for chip performance, with the industry growth rate significantly outpacing GDP growth[53]. - The demand for MEMS sensors is driven by the increasing complexity of systems and the growth in the number of nodes in IoT applications, leading to a higher requirement for sensor quantity and intelligence[57]. - The MEMS sensor market accounts for approximately 70% of the MEMS industry, highlighting the significant demand for these components[51]. - The global semiconductor market is projected to grow from $590 billion in 2021 to $1,065 billion by 2030, with a CAGR of 7% from 2021 to 2030[62]. - The semiconductor industry faces risks from macroeconomic slowdowns and potential overcapacity in chip manufacturing, impacting sales and profitability[105]. Operational Efficiency and Production - The company is focusing on improving production efficiency, product quality, and reducing delivery cycles through lean improvement activities[39]. - The company has achieved a production capacity of over 2 million micro-shielding covers per day, significantly improving efficiency and reducing costs[73]. - The company has increased the output of micro-precision complex parts from 5,000 to 90,000 units per day, showcasing a substantial improvement in production efficiency[73]. - The implementation of advanced testing probes has improved production efficiency by over 70%, with critical dimension accuracy maintained within +/- 5 microns[73]. - The company is actively expanding its market presence and investing in precision injection molding, contributing to the growth in mold revenue[117]. Customer and Supplier Relationships - The top five customers contributed 44.58% of total annual sales, totaling 12,574.50 million[126]. - The top five suppliers accounted for 26.08% of total annual purchases, amounting to 4,174.63 million[128]. - The company has established strong customer resources and ecological relationships, with core clients being internationally renowned enterprises, enhancing its market position and supply capabilities[88]. - The company’s sales strategy emphasizes customer-centric approaches, increasing customer loyalty and the proportion of sales from strategic clients year by year[47]. Governance and Management - The company has a structured governance framework that ensures clear responsibilities and coordination among its shareholders, board, and management[157]. - The board of directors consists of 6 members, including 2 independent directors, complying with relevant laws and regulations[158]. - The company has improved its internal control system, significantly enhancing risk prevention capabilities and operational standards[160]. - The company actively engages with shareholders and investors through various communication channels, ensuring fair treatment and protection of their rights[160]. - The company has implemented measures to strengthen the management of insider information and improve the disclosure process, reducing the risk of violations[159].

证券代码：688661 证券简称：和林微纳 公告编号：2024-024 苏州和林微纳科技股份有限公司 2023 年年度权益分派实施公告 本公司董事会及全体董事保证公告内容不存在任何虚假记载、误导性陈述或 者重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 重要内容提示： | 股权登记日 | 除权（息）日 | 新增无限售条件流 通股份上市日 | 现金红利发放日 | | --- | --- | --- | --- | | 2024/6/3 | 2024/6/4 | 2024/6/4 | 2024/6/4 | 一、 通过分配、转增股本方案的股东大会届次和日期 本次利润分配及转增股本方案经公司 2024 年 5 月 17 日的 2023 年年度股东大 会审议通过。 二、 分配、转增股本方案 1. 发放年度：2023 年年度 2. 分派对象： 截至股权登记日下午上海证券交易所收市后，在中国证券登记结算有限责任 公司上海分公司（以下简称"中国结算上海分公司"）登记在册的本公司全体股东。 公司存在首发战略配售股份，首发战略配售股份已全部上市流通 是否涉及差异化分红送转：否 每股分配比例，每股转增比例 每股现金 ...

Investment Rating - The report initiates coverage with a "Buy" rating for the company [34]. Core Views - The company is a leading player in the domestic semiconductor testing probe industry, with significant growth in R&D investment over the past two years [10][11]. - The semiconductor testing probe market is expected to grow steadily, with the global market projected to increase from $1.594 billion in 2021 to $2.741 billion by 2025, reflecting a compound annual growth rate (CAGR) of 14.51% [30]. - The company is positioned to benefit from the recovery in demand for semiconductor testing probes, particularly as it expands its customer base and product offerings [24][34]. Summary by Sections 1. Semiconductor Testing Probes: Key Components in Chip Testing - The semiconductor testing probe is a critical component in the chip testing process, with opportunities arising from domestic substitution and technological innovation [54]. 2. Company Overview: Leading Domestic Semiconductor Testing Probe Provider - The company has established itself as a leader in the domestic semiconductor testing probe market, with a strong competitive position in MEMS microelectronic components internationally [11][23]. 2.1 R&D Investment Growth - The company has significantly increased its R&D investment, which is expected to provide a solid foundation for future growth [10][11]. 2.2 FT Probe Business Recovery and CP Probe Growth - The FT probe business, which saw high growth driven by major clients like NVIDIA, faced challenges in 2022-2023 but is expected to recover in 2024 as demand rebounds [24][34]. 3. Financial Projections - The company forecasts net profits of 1.06 billion, 1.70 billion, and 2.33 billion yuan for 2024, 2025, and 2026, respectively, with corresponding price-to-earnings (PE) ratios of 42X, 26X, and 19X [34][35].

Financial Data and Key Metrics Changes - The company has seen a significant increase in demand for AI GPU testing, with a 20% quarter-over-quarter growth in Q2 2024 [7] - The value of H100 probes is reported to be between $3 to $5, while the GB200 can reach $13 to $15, indicating a rise in both volume and price [2] Business Line Data and Key Metrics Changes - The company is expanding its GPU-related product lines, showcasing six new products at the Munich Shanghai Electronics Fair, half of which are related to GPU testing consumables and cooling materials [3] - The introduction of advanced packaging technology using glass substrates is expected to drive demand for semiconductor testing, despite higher costs compared to silicon and organic substrates [1] Market Data and Key Metrics Changes - The company is positioned as a key supplier for NVIDIA, particularly in the high-end testing probe and related components for AI chips, which is expected to benefit from NVIDIA's increased production [2][8] - The market for semiconductor testing is anticipated to grow, with the GB200 semiconductor testing consumables being recognized as a unique supply opportunity [16] Company Strategy and Development Direction - The company is focusing on expanding its presence in the AI and high-performance computing sectors, leveraging its unique position as a supplier for major clients like NVIDIA [2][16] - The strategy includes diversifying product offerings beyond probes to include various testing and packaging solutions for high-performance chips [3][4] Management Comments on Operating Environment and Future Outlook - Management has indicated that the demand for AI-related products is robust, with expectations for continued growth in the semiconductor testing market driven by advancements in chip technology [7][16] - The company is optimistic about its role in the supply chain for emerging technologies, particularly in the AR/VR/MR applications [6] Other Important Information - The company is the sole supplier of precision shielding for Apple's upcoming IR products, with an expected release of around 10 million units in 2025 [11] - The company has successfully expanded its partnerships, with significant growth in its probe business attributed to NVIDIA's large-scale chip usage [9] Q&A Session Summary Question: Is the company's probe business benefiting from NVIDIA's large-scale use of A100 and H100 chips? - Yes, the probe business is expected to meet the demand surge from NVIDIA's chip production [8] Question: Will the company continue to be part of Apple's IR supply chain? - The company is confirmed to remain a supplier for Apple's precision shielding in the upcoming IR products [11] Question: What is the outlook for the company's semiconductor testing business? - The semiconductor testing business is anticipated to grow significantly, driven by the demand for larger chips and advanced testing solutions [7][16]

证券代码：688661 证券简称：和林微纳 公告编号：2024-023 苏州和林微纳科技股份有限公司 2023 年年度股东大会决议公告 本公司董事会及全体董事保证公告内容不存在任何虚假记载、误导性陈述或 者重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 重要内容提示： 本次会议是否有被否决议案：无 一、 会议召开和出席情况 （三） 出席会议的普通股股东、特别表决权股东、恢复表决权的优先股股东及 其持有表决权数量的情况： | 1、出席会议的股东和代理人人数 | 14 | | --- | --- | | 普通股股东人数 | 14 | | 2、出席会议的股东所持有的表决权数量 | 34,177,552 | | 普通股股东所持有表决权数量 | 34,177,552 | | 3、出席会议的股东所持有表决权数量占公司表决权数量的比 | 38.0281 | | 例（%） | | | 普通股股东所持有表决权数量占公司表决权数量的比例（%） | 38.0281 | （四） 表决方式是否符合《公司法》及公司章程的规定，大会主持情况等。 本次会议由公司董事会召集，董事长骆兴顺先生主持。会议采用现场投票和 （一） 股 ...