t and the state 深圳市首航新能源股份有限公司 审计报告 00 上会会计师事务所（特殊普通合伙） 中国 上海 and and the ·计师 李今所（特殊善通合 io Secountants (Shoo 审计报告 上会师报字(2025)第 7079 号 深圳市首航新能源股份有限公司全体股东: 一、审计意见 我们审计了深圳市首航新能源股份有限公司(以下简称"首航新能源")财务 报表，包括 2024 年 12 月 31 日的合并及公司资产负债表, 2024 年度的合并及公司利 润表、合并及公司现金流量表、合并及公司所有者权益变动表以及相关财务报表附 注。 我们认为,后附的财务报表在所有重大方面按照企业会计准则的规定编制,公 允反映了首航新能源 2024年 12月 31日的合并及公司财务状况以及 2024 年度的合并 及公司经营成果和现金流量。 二、形成审计意见的基础 我们按照中国注册会计师审计准则的规定执行了审计工作。审计报告的"注册 会计师对财务报表审计的责任"部分进一步阐述了我们在这些准则下的责任。按照 中国注册会计师职业道德守则，我们独立于首航新能源，并履行了职业道德方面的 其他责任。我们相信 ...

国泰海通证券股份有限公司 关于深圳市首航新能源股份有限公司 开展 2025 年度外汇套期保值业务的核查意见 国泰海通证券股份有限公司（以下简称"国泰海通"或"保荐人"）作为深 圳市首航新能源股份有限公司（以下简称"首航新能"或"公司"）首次公开发 行股票并在创业板上市的保荐人，根据《证券发行上市保荐业务管理办法》《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》以及《深圳证券交易所上市公司自律监管指 引第 13 号——保荐业务》等法规和规范性文件要求，对首航新能开展外汇套期 保值业务的事项进行审慎核查，核查情况及具体核查意见如下： 一、外汇套期保值业务的交易情况概述 （一）开展外汇套期保值业务的目的 随着公司业务发展迅速，公司及控股子公司业务涉及欧元、美元等外币结算 量不断上升。为提高公司及控股子公司应对外汇波动风险的能力，有效规避和防 范外汇市场风险，防范汇率大幅波动对公司经营造成不良影响，公司及控股子公 司拟与银行等金融机构开展与日常经营需求紧密相关的外汇套期保值业务。 （五）资金来源 公司开展外汇套期保值业务资金来源为自有资金，不涉及募集资金 ...

深圳市首航新能源股份有限公司 章 程 二〇二五年四月 | 目 录 | 1 | | | --- | --- | --- | | 第一章 | 总则 3 | | | 第二章 | 经营宗旨和范围 4 | | | 第三章 | 股份 4 | | | 第一节 | 股份发行 | 4 | | 第二节 | 股份增减和回购 | 5 | | 第三节 | 股份转让 | 7 | | 第四章 | 股东和股东大会 8 | | | 第一节 | 股东 | 8 | | 第二节 | 股东大会的一般规定 | 10 | | 第三节 | 股东大会的召集 | 12 | | 第四节 | 股东大会的提案和通知 | 13 | | 第五节 | 股东大会的召开 | 15 | | 第六节 | 股东大会的表决和决议 | 18 | | 第五章 | 董事会 23 | | | 第一节 | 董事 | 23 | | 第二节 | 董事会 | 25 | | 第六章 | 总经理及其他高级管理人员 31 | | | 第七章 | 监事会 32 | | | 第一节 | 监事 | 32 | | 第二节 | 监事会 | 33 | | 第八章 | 财务会计制度、利润分配和审计 34 | | | 第 ...

深圳市首航新能源股份有限公司 2024 年度独立董事述职报告 （孔玉生） 各位股东/股东代表： 本人作为深圳市首航新能源股份有限公司（以下简称"公司"）独立董事， 严格按照《公司法》《证券法》《上市公司独立董事管理办法》《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》等相关法律法规和 《公司章程》《董事会议事规则》《独立董事工作制度》等相关内部制度的规定和 要求，本着客观、公正、独立的原则，在 2024 年度工作中，忠实、勤勉、尽责 履行职务，积极出席或列席相关会议，参与公司重大事项的决策，充分发挥独立 董事的作用，切实维护公司利益和全体股东尤其是中小股东的合法权益。现将本 人 2024 年度的履职情况报告如下： 一、本人基本情况 本人孔玉生，1962 年 12 月出生，先后任江苏工学院管理学院助教、讲师， 江苏理工大学工商管理学院副教授，江苏大学工商管理学院教授。至今任江苏大 学财经学院教授，深圳市首航新能源股份有限公司独立董事，江苏索普化工股份 有限公司独立董事，深圳市铭利达精密技术股份有限公司独立董事。 根据《上市公司独立董事管理办法》《深圳证券交易所上市公司自律监管指 引第 ...

经公司独立董事自查及董事会核查，公司董事会认为公司全体独 立董事在担任公司独立董事期间未在公司担任除独立董事以外的任 何职务，也未在公司主要股东公司担任任何职务，与公司以及主要股 东之间不存在利害关系或其他可能妨碍其进行独立客观判断的关系， 不存在影响独立董事独立性的情况，符合《上市公司独立董事管理办 法》等法律法规及《公司章程》中关于独立董事的任职资格及独立性 的相关要求。 董事会对独立董事独立性评估的专项意见 2025 年 4 月 29 日 根据《上市公司独立董事管理办法》《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》等要求，深圳市 首航新能源股份有限公司（以下简称"公司"）董事会，就公司 2024 年度内在任独立董事黄兴华先生、孔玉生先生、陈凡先生独立性自查 情况进行评估，并出具如下专项意见： 深圳市首航新能源股份有限公司 深圳市首航新能源股份有限公司董事会 ...

深圳市首航新能源股份有限公司 2024 年度独立董事述职报告 （陈凡） 各位股东/股东代表： 本人作为深圳市首航新能源股份有限公司（以下简称"公司"）独立董事，严 格按照《公司法》《证券法》《上市公司独立董事管理办法》《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》等相关法律法规和 《公司章程》《董事会议事规则》《独立董事工作制度》等相关内部制度的规定和 要求，本着客观、公正、独立的原则，在 2024 年度工作中，忠实、勤勉、尽责 履 行职务，积极出席或列席相关会议，参与公司重大事项的决策，充分发挥独 立董事的作用，切实维护公司利益和全体股东尤其是中小股东的合法权益。现将 本人 2024 年度的履职情况报告如下： 一、本人基本情况 本人陈凡，1968 年 12 月出生，中国国籍，无永久境外居留权，本科学历。 主要曾任重庆星河期货经纪有限公司结算部部门主管、红塔期货有限责任公司上 海营业部总经理、北京康泽投资咨询有限责任公司副总经理。现任深圳市觅思科 技有限公司执行董事、公司独立董事。 根据《上市公司独立董事管理办法》《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 ...

深圳市首航新能源股份有限公司 （黄兴华） 各位股东/股东代表： 本人作为深圳市首航新能源股份有限公司（以下简称"公司"）独立董事，严 格按照《公司法》《证券法》《上市公司独立董事管理办法》《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》等相关法律法规和 《公司章程》《董事会议事规则》《独立董事工作制度》等相关内部制度的规定和 要求，本着客观、公正、独立的原则，在 2024 年度工作中，忠实、勤勉、尽责 履行职务，积极出席或列席相关会议，参与公司重大事项的决策，充分发挥独立 董事的作用，切实维护公司利益和全体股东尤其是中小股东的合法权益。现将本 人 2024 年度的履职情况报告如下： 一、本人基本情况 本人黄兴华，1977 年 12 月出生，中国国籍，无永久境外居留权，本科学历。 主要曾任富士康科技集团 ME 工程师、深圳市神州物联网络技术有限公司执行董 事兼总经理、鹏博士电信传媒集团股份有限公司深圳分公司副总经理、庐山互联 网科技（深圳）有限公司互联网产业总经理、深圳市屏多多网络传媒有限公司执 行董事兼总经理。现任深圳市兴华产融投资有限责任公司执行董事兼总经理、深 圳市巨龙兄弟实业 ...

Financial Performance - The company's operating revenue for 2024 was ¥2,710,775,870.11, a decrease of 27.58% compared to ¥3,743,252,512.29 in 2023[16] - The net profit attributable to shareholders for 2024 was ¥258,877,852.24, down 24.09% from ¥341,012,179.39 in 2023[16] - The cash flow from operating activities showed a significant improvement, with a net inflow of ¥339,774,384.90 in 2024 compared to a net outflow of ¥562,002,671.25 in 2023, marking a 160.46% increase[16] - The total assets at the end of 2024 were ¥4,425,315,332.28, reflecting a decrease of 9.93% from ¥4,913,362,564.01 at the end of 2023[16] - The basic earnings per share for 2024 was ¥0.70, down 23.91% from ¥0.92 in 2023[16] - The company reported a weighted average return on equity of 10.43% for 2024, down from 15.84% in 2023, a decline of 5.41%[16] - The net profit after deducting non-recurring gains and losses for 2024 was ¥235,989,302.99, a decrease of 22.99% from ¥306,440,904.32 in 2023[16] - The company received government subsidies amounting to ¥23,626,629.47 in 2024, compared to ¥46,253,365.18 in 2023[22] - The company's total revenue for 2024 was CNY 2.71 billion, a decrease of 27.58% year-on-year[55] - The overseas business generated CNY 2.21 billion, down 21.61% year-on-year, primarily due to a decline in demand in the European photovoltaic and energy storage markets[55] - The domestic revenue was CNY 498 million, a significant drop of 45.90% year-on-year, attributed to the optimization of customer structure and control of low-margin business[55] - The overall gross margin for 2024 reached 35.73%, an increase of 4.22 percentage points compared to 2023[55] - The gross margin for overseas business was 39.36%, while the domestic business gross margin increased by 12.36 percentage points to 19.58%[55] Market and Industry Trends - In 2024, the global photovoltaic industry is expected to add 452GW of new installed capacity, a year-on-year increase of 32.2%, with China's contribution being 278GW, accounting for 61.5% of the global total[27] - The global photovoltaic inverter shipment volume has grown from 81.3GW in 2016 to 536.0GW in 2023, representing a compound annual growth rate of 30.92%, with Chinese manufacturers contributing over 50% of the total[27] - In 2024, the global battery energy storage system installed capacity is projected to exceed 205GWh, a year-on-year growth of 53%, with China holding a 59% share of the global total[29] - In 2024, India is expected to add 31.9GW of new photovoltaic capacity, while Pakistan is projected to reach 17GW, ranking fourth and fifth globally in new installed capacity[28] - The photovoltaic inverter industry is experiencing intensified competition, with both domestic and international players expanding capacity and market reach[101] Product Development and Innovation - The company’s photovoltaic inverters have a maximum conversion efficiency of 97.5% for residential applications, 98.5% for commercial applications, and over 99% for utility-scale applications[35] - The company has developed photovoltaic storage inverters with power ranges from 3kW to 20kW, suitable for various scenarios including residential and small commercial off-grid storage[36] - The company’s core products include photovoltaic grid-connected inverters, photovoltaic storage inverters, and storage batteries, with a focus on continuous technological innovation and industrial application[31] - The company is developing a new generation of off-grid application technology platforms to enhance product adaptability and market competitiveness[66] - The company aims to improve system initial investment and reduce product costs through the development of high-power photovoltaic storage inverters[66] - The company is expanding its product line to include smart and efficient photovoltaic inverters, adapting to the latest photovoltaic components and improving market share in the small power inverter segment[67] - The company is developing a second-generation high-efficiency intelligent energy storage inverter, which supports 100% unbalanced loads and quick switching between grid-connected and off-grid modes[67] - The company is working on a comprehensive smart solution for residential applications, addressing operational needs for equipment maintenance in domestic and international markets[67] - The company is enhancing product competitiveness through monitoring algorithms and reliable battery packaging, aiming to improve system adaptability and safety[67] Research and Development - The company has maintained a high R&D investment intensity at 10.04%, with total R&D expenditure amounting to CNY 272.21 million[53] - The company has a total of 500 R&D personnel, accounting for 31.99% of the total workforce[53] - The company has been recognized as a national high-tech enterprise since 2017 and has established a research center in collaboration with Huazhong University of Science and Technology[54] - The company has a total of 250 authorized patents, including 105 invention patents, showcasing its strong competitive edge in technology[54] - Research and development expenses decreased by 11.72% to ¥272,211,713.81, reflecting ongoing investment in new technologies[65] Governance and Compliance - The company has established a governance structure consisting of the shareholders' meeting, board of directors, supervisory board, and senior management, ensuring clear responsibilities and operational norms[105] - The board of directors comprises 9 members, including 3 independent directors, meeting legal and regulatory requirements[107] - The supervisory board consists of 3 members, including 1 employee representative, complying with legal standards[108] - The company has implemented a performance evaluation system with a remuneration and assessment committee to ensure transparency in the election of directors and appointment of senior management[109] - The company has maintained a transparent information disclosure system, ensuring all shareholders have equal access to information[110] - The company respects the rights of stakeholders and emphasizes social responsibility, promoting balanced interests among shareholders, employees, and society[112] - The company has confirmed no significant discrepancies between its governance practices and the regulations set by the China Securities Regulatory Commission[112] Environmental and Social Responsibility - The company has established a comprehensive environmental management system in compliance with ISO14001 standards, ensuring effective management of waste and emissions[165] - The company has implemented measures to reduce carbon emissions, including the establishment of a photovoltaic power station on idle rooftops[164] - The company emphasizes the importance of employee rights and welfare, ensuring a fair and compliant workplace[168] - The company is focused on building long-term strategic partnerships with suppliers to enhance supply chain sustainability[169] - The company is actively involved in rural revitalization efforts, leveraging advanced technology and past experience to improve local infrastructure and alleviate power supply pressures[172] Strategic Initiatives - The company plans to expand into developed photovoltaic markets in Germany, France, Japan, and South Korea, as well as emerging markets in the Middle East and South America[95] - The company is focused on becoming a leader in digital energy system solutions, emphasizing technology-driven innovation and global partnerships[94] - The company is committed to enhancing brand recognition and transitioning from product sales to brand marketing globally[95] - The company is actively managing foreign exchange risks through hedging strategies, focusing on avoiding speculative trading[86] Employee and Management - The total number of employees at the end of the reporting period is 1,563, with 546 in the parent company and 1,017 in major subsidiaries[148] - The company has a total of 2,858 employees receiving salaries during the reporting period[148] - The company has established a comprehensive salary management system to enhance employee motivation and align individual performance with corporate goals[150] - The company has not implemented any stock incentive plans or employee stock ownership plans during the reporting period[156] Related Party Transactions - The company reported a total approved transaction amount of 5 million yuan for related party transactions, with no actual transactions exceeding this amount[185] - The company has not engaged in any asset or equity acquisitions or sales during the reporting period[187] - There were no joint external investment related party transactions during the reporting period[188] - The company reported no related party debt or credit transactions during the reporting period[189] - There were no financial transactions with related financial companies during the reporting period[190]

Financial Performance - The company's operating revenue for Q1 2025 was ¥654,789,831.51, a decrease of 9.03% compared to ¥719,824,916.74 in the same period last year[5] - Net profit attributable to shareholders increased by 7.01% to ¥52,484,194.65 from ¥49,047,461.75 year-on-year[5] - The net profit after deducting non-recurring gains and losses rose by 40.55% to ¥60,169,189.09, compared to ¥42,809,531.16 in the previous year[5] - Total revenue for the current period is ¥654,789,831.51, a decrease of 9.05% from ¥719,824,916.74 in the previous period[26] - Operating profit increased to ¥64,937,549.86, up 26.25% from ¥51,422,050.87 in the previous period[26] - The net profit for the current period is $52,484,194.65, an increase from $49,047,461.75 in the previous period, representing a growth of approximately 4.9%[27] - The total comprehensive income for the current period is $52,698,176.71, compared to $49,660,362.84 in the previous period, indicating an increase of about 4.1%[27] - The basic and diluted earnings per share for the current period are both $0.14, up from $0.13 in the previous period, reflecting a growth of 7.7%[27] Assets and Liabilities - The company's total assets increased by 10.16% to ¥4,874,995,029.78 from ¥4,425,315,332.28 at the end of the previous year[5] - Total assets reached ¥4,874,995,029.78, an increase of 10.12% from ¥4,425,315,332.28[25] - Total liabilities decreased slightly to ¥1,748,196,377.11, down 1.50% from ¥1,774,769,798.00[25] - Shareholders' equity increased to ¥3,126,798,652.67, up 17.94% from ¥2,650,545,534.28[25] Cash Flow - Cash flow from operating activities improved by 50.52%, with a net outflow of ¥94,029,709.33 compared to ¥190,018,711.81 in the same period last year[5] - Cash flow from operating activities shows a net outflow of $94,029,709.33, an improvement from a net outflow of $190,018,711.81 in the previous period[29] - Cash flow from investing activities has a net outflow of $20,747,209.61, compared to a net outflow of $58,679,996.10 in the previous period, indicating a reduction in cash outflow[29] - Cash flow from financing activities resulted in a net inflow of $439,235,562.89, an increase from $341,879,042.25 in the previous period, showing a growth of approximately 28.5%[30] Shareholder Information - The total number of common shareholders at the end of the reporting period is 37,507[17] - The largest shareholder, Xu Tao, holds 41.96% of the shares, totaling 173,037,202 shares[17] - The second-largest shareholder, Shenzhen Haoshou Weifeng Investment Consulting Partnership, holds 10.17% of the shares, totaling 41,947,038 shares[17] - The total number of restricted shares at the beginning of the period was 371,134,021, with no shares released during the period[20] - The company plans to issue 41,237,114 new shares in its upcoming IPO, increasing the total shares to 412,371,135[21] - The company has a lock-up period for major shareholders, with the earliest release date set for April 2, 2026, for some shares[20] - The company has signed a concerted action agreement among major shareholders, effective until December 31, 2026[18] - The total number of shares held by the top ten unrestricted shareholders is not specified, but they are significant stakeholders[18] - The company has no preferred shareholders or changes in preferred shareholder structure reported[19] - The company is not involved in any margin financing or securities lending activities as per the current report[18] Expenses - The company’s financial expenses showed a dramatic change, with a loss of ¥64,883,004.35 compared to a gain of ¥18,249,241.42 in the previous year, reflecting a 455.54% increase in exchange gains[11] - Financial expenses showed a significant change, with a net income of -¥64,883,004.35 compared to a profit of ¥18,249,241.42 in the previous period[26] - Research and development expenses decreased to ¥64,562,899.09, down 12.27% from ¥73,586,508.02[26] - The company reported a tax expense of $12,094,448.03 for the current period, compared to $1,919,427.71 in the previous period, reflecting a substantial increase[27] Cash and Cash Equivalents - The company reported a significant increase in cash and cash equivalents, with a balance of ¥1,550,442,443.67, up 30.00% from ¥1,192,668,669.88 at the beginning of the year[10] - Cash and cash equivalents increased to ¥1,550,442,443.67, up 30.19% from ¥1,192,668,669.88[24] - The ending cash and cash equivalents balance is $1,550,441,943.67, up from $1,152,497,102.66 in the previous period, representing an increase of about 34.6%[30] - The company received cash from investment activities amounting to $3,049,112.98, compared to $378,327.27 in the previous period, indicating a significant increase[29] Audit Information - The company has not undergone an audit for the first quarter report[31]

一、募集资金情况概述 经中国证券监督管理委员会《关于同意深圳市首航新能源股份有限公司首次 公开发行股票注册的批复》（证监许可〔2025〕273 号）同意，深圳市首航新能 源股份有限公司（以下简称"公司"）首次公开发行人民币普通股（A 股）4,123.7114 万股，每股面值人民币 1.00 元，每股发行价格为 11.80 元，募集资金总额为 48,659.79 万元，扣除发行费用（不含税）之后实际募集资金净额 41,252.25 万元。 上述募集资金已于 2025 年 3 月 28 日划至公司指定账户，上会会计师事务所 （特殊普通合伙）已对公司本次发行的募集资金到位情况进行了审验，并出具了 《验资报告》（上会师报字（2025）第 3457 号）。 二、募集资金监管协议的签订情况及募集资金专户开立情况 证券代码：301658 证券简称：首航新能 公告编号： 2025-002 深圳市首航新能源股份有限公司 关于签订募集资金监管协议的公告 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。 为规范公司募集资金的存放、管理和使用，保护投资者的权益，根据《上市 公司监管指引 ...