Core Insights - As of December 16, the total margin financing and securities lending balance on the Beijing Stock Exchange reached 7.757 billion yuan, an increase of 38.90 million yuan from the previous trading day, marking a continuous increase for five consecutive trading days [1] - The stocks with the highest margin financing balances include Jinbo Biological, Shuguang Digital Innovation, and Better Energy, with financing balances of 394 million yuan, 360 million yuan, and 340 million yuan respectively [1] - A total of 159 stocks on the Beijing Stock Exchange received net margin purchases on December 16, with 49 stocks having net purchases exceeding one million yuan, led by Better Energy with a net purchase of 9.208 million yuan [1][2] Industry Analysis - The industries with the highest concentration of stocks receiving net margin purchases exceeding one million yuan include machinery equipment, power equipment, and computers, with 10, 8, and 7 stocks respectively [2] - On December 16, stocks with net margin purchases exceeding one million yuan had an average increase of 1.92%, with notable gainers including Hanxin Technology, Shunyu Precision Engineering, and Jingchuang Electric, which rose by 29.99%, 19.94%, and 12.49% respectively [2] - The average turnover rate for stocks with net margin purchases exceeding one million yuan was 5.76%, with the highest turnover rates recorded for Jingchuang Electric, Shunyu Precision Engineering, and Gais Food, at 50.49%, 29.66%, and 28.87% respectively [2] Stock Performance - The stocks with the largest increases in margin financing balances on December 16 include Better Energy, with a balance of 339.81 million yuan and an increase of 9.208 million yuan, and Gobi Jia, with a balance of 110.15 million yuan and an increase of 6.3631 million yuan [3][4] - Other notable stocks with significant margin financing increases include Vision Intelligence, Naconoer, and Beikang Testing, with increases of 3.64 million yuan, 3.5389 million yuan, and 3.4991 million yuan respectively [3][4] - Stocks such as Jun Chuang Technology, Tianli Composite, and Fujida experienced the largest net margin sell-offs, with amounts of 6.8091 million yuan, 5.2228 million yuan, and 3.9907 million yuan respectively [1][2]

Core Viewpoint - The company, Geberka (920438), announced plans to implement a special electronic fiberglass manufacturing project with a total investment not exceeding 1 billion yuan [1] Group 1: Project Details - The total investment for the first phase of the special electronic fiberglass manufacturing project is planned to be no more than 400 million yuan [1] - The project will involve leasing a dedicated factory area of approximately 20,000 square meters and purchasing two production lines for special electronic fiberglass [1] - To ensure the smooth progress of the project, the company intends to sign an investment contract with the People's Government of Zigui County [1]

证券代码：920438 证券简称：戈碧迦 公告编号：2025-184 湖北戈碧迦光电科技股份有限公司 薪酬与考核委员会关于 2025 年股权激励计划预留授予激励对象名单 的核查意见及公示情况说明 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。 湖北戈碧迦光电科技股份有限公司（以下简称"公司"）于 2025 年 12 月 4 日召开第五届董事会第十四次会议，审议通过《关于 2025 年股权激励计划预留 部分授予的激励对象名单的议案》。具体内容详见公司于 2025 年 12 月 4 日在北 京证券交易所官网（http://www.bse.cn）上披露的《2025 年股权激励计划预留 部分授予的激励对象名单》（公告编号：2025-178）。公司薪酬与考核委员会结合 公示情况对公司 2025 年股权激励计划（简称"本激励计划"）预留授予的激励对 象进行了核查，相关公示情况及核查意见如下： 一、公示情况 根据《中华人民共和国公司法》（以下简称"《公司法》"）、《上市公司股权激 励管理办法》（以下简称"《管理办法》 ...

证券代码：920438 证券简称：戈碧迦 公告编号：2025-182 湖北戈碧迦光电科技股份有限公司 关于重大投资的公告 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。 一、重大投资概述 （一）基本情况 根据公司战略发展规划，公司拟实施特种电子玻纤制造项目，该项目预计 投资总额不超过 10 亿元。 公司为保障该项目科学决策、审慎实施，按照"总体规划，阶段投入，分 期审议"为指导，对该项目第一期投资规划进行审议。特种电子玻纤制造项目 一期工程投资总额拟不超过 4 亿元，预计用于租赁专用厂房面积约 20,000 平 方米及购置两条特种电子玻纤生产线。与此同时，为保障本项目顺利推进，公 司拟与秭归县人民政府签订项目投资合同。 本次投资符合公司发展需要，有利于提高公司经济效益，增强公司后续可 持续发展能力，对公司运营和发展具有积极意义，不存在损害公司及全体股东 利益的情形。 （二）是否构成重大资产重组 本次交易不构成重大资产重组。 根据《上市公司重大资产重组管理办法》第二条规定："本办法适用于上 市公司及其控股 ...

证券代码：920438 证券简称：戈碧迦 公告编号：2025-183 湖北戈碧迦光电科技股份有限公司 薪酬与考核委员会关于对拟认定核心员工的核查意见 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。 湖北戈碧迦光电科技股份有限公司（以下简称"公司"）于 2025 年 12 月 4 日召开第五届董事会第十四次会议，审议通过了《关于拟认定公司核心员工的议 案》，拟认定黄涛为公司核心员工。具体内容详见公司于 2025 年 12 月 4 日在北 京证券交易所指定信息披露平台（http://www.bse.cn）披露的《关于对拟认定 核心员工进行公示并征求意见的公告》（公告编号：2025-022）。 根据《北京证券交易所股票上市规则》《北京证券交易所上市公司持续监管 办法（试行）》《北京证券交易所上市公司持续监管指引第 3 号—股权激励和员工 持股计划》等相关规定，公司于 2025 年 12 月 4 日至 2025 年 12 月 15 日通过北 京证券交易所指定信息披露平台及公司内部信息公示栏对拟认定核心员工名单 ...

证券代码：920438 证券简称：戈碧迦 公告编号：2025-185 湖北戈碧迦光电科技股份有限公司 关于召开 2025 年第八次临时股东会通知公告（提供网络投票） 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。 一、会议召开基本情况 （一）股东会届次 本次会议为 2025 年第八次临时股东会。 （二）召集人 本次股东会的召集人为董事会。 （三）会议召开的合法合规性 公司于 2025 年 12 月 15 日召开的第五届董事会第十五次会议审议通过了 《关于提请召开公司 2025 年第八次临时股东会的议案》，公司本次股东会的召 集、召开符合《公司法》等法律法规、规范性文件及《公司章程》的规定。本 次股东会的召开不涉及需相关部门批准的情形。 （四）会议召开方式 本次会议采用现场投票和网络投票相结合方式召开。 公司同一股东只能选择现场投票、网络投票中的一种方式，如果同一表 决权出现重复投票表决，以第一次投票表决结果为准。 （五）会议召开日期和时间 1、现场会议召开时间：2025 年 12 月 30 日 15:0 ...

3.会议召开方式：现场+通讯 4.发出董事会会议通知的时间和方式：2025 年 12 月 4 日以通讯方式发出 证券代码：920438 证券简称：戈碧迦 公告编号：2025-181 湖北戈碧迦光电科技股份有限公司 第五届董事会第十五次会议决议公告 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。 一、会议召开和出席情况 （一）会议召开情况 1.会议召开时间：2025 年 12 月 15 日 2.会议召开地点：湖北戈碧迦光电科技股份有限公司会议室 5.会议主持人：虞国强 6.会议列席人员：高级管理人员 7.召开情况合法合规的说明： 本次会议召集、召开和表决程序均符合《中华人民共和国公司法》等法律、 行政法规以及《公司章程》、《董事会议事规则》的有关规定，所作决议合法有 效。 （二）会议出席情况 会议应出席董事 9 人，出席和授权出席董事 9 人。 董事周楷唐、周二华、高祀建、周堃、孙道文因出差以通讯方式参与表决。 二、议案审议情况 （一）审议通过《关于拟实施特种电子玻纤制造项目重大投资暨签署投资合同的 议案 ...

Trading Volume and Market Activity - On December 12, the total trading volume of individual stocks on the Beijing Stock Exchange reached 1.134 billion shares, with a total transaction value of 26.973 billion yuan, a decrease of 1.332 billion yuan compared to the previous trading day [1] - Among the tradable stocks, 143 stocks closed higher, accounting for 50% of the total, while 139 stocks closed lower [1] - The stocks with the highest closing gains included Chuangyuan Xinke, Changfu Co., and Caneng Electric Power, which rose by 14.80%, 11.38%, and 11.29% respectively [1] Stock Performance Highlights - The stocks with the highest transaction values included Jinbo Biological, Xingtou Measurement Control, and Tianli Composite, with transaction values of 1.045 billion yuan, 869 million yuan, and 862 million yuan respectively [1] - A total of 76 stocks had transaction values exceeding 10 million yuan, indicating significant trading activity [1] - The highest turnover rates were observed in stocks such as Dapeng Industrial, Jingchuang Electric, and Guangdao Tui, with turnover rates of 70.76%, 45.80%, and 41.72% respectively [1] Price Movements - The stock Guangdao Tui experienced the largest decline, dropping by 21.09%, followed by Longzhu Technology and Henghe Co., which fell by 6.56% and 6.53% respectively [1] - The closing prices of notable stocks included Jinbo Biological at 275.50 yuan, Tianli Composite at 60.84 yuan, and Chuangyuan Xinke at 31.80 yuan [1][2]

Investment Rating - The report assigns an "Accumulate" rating for the company, marking its first coverage in the market [5][11]. Core Views - The company is recognized as a "hidden champion" in high-end glass materials, with its semiconductor substrates and electronic cloth fibers expected to create a second growth curve. The glass materials business is expanding, and the basic performance is likely to recover, driving growth elasticity. The optical glass business has seen revenue growth and improved gross margins since 2024, although the specialty glass segment faces short-term pressure due to the end of major customer orders and delays in onboarding new clients. Increased R&D investment and strategic partnerships are expected to enhance collaboration in the semiconductor field, indicating a potential operational turning point [5][9][13]. Summary by Sections 1. Company Overview - The company has over a decade of experience in the optical glass industry, with core technologies in glass formulation, melting, testing, and production line design. It has expanded its product offerings to include optical glass, specialty functional glass, and semiconductor application glass [19][20]. 2. Market Performance - The global market for nano-microcrystalline glass is projected to grow at a CAGR of 30% from 2024 to 2029, driven by the rapid increase in Android smartphone shipments. The company is positioned to benefit from this trend as one of the few manufacturers capable of mass production [6][34]. 3. Growth Opportunities - The company is strategically expanding into semiconductor glass substrates and electronic cloth fibers, which are critical materials for advanced semiconductor packaging. The domestic market is expected to see significant growth opportunities as local companies accelerate their production capabilities [7][8][13]. 4. Financial Performance - The company is projected to achieve net profits of 44 million, 133 million, and 207 million yuan from 2025 to 2027, with corresponding P/E ratios of 127, 42, and 27 times. The company is considered a leader in high-end glass materials in China, with growth potential in new business areas [9][11][12]. 5. Industry Trends - The optical glass industry is experiencing a shift towards high-end products and domestic substitution, with the company positioned among the top tier of domestic manufacturers. The demand for optical glass is expected to rise due to advancements in consumer electronics, automotive electronics, and security monitoring [37][41].

本计划预留授予的限制性股票在各激励对象间的分配情况如下： 注：1.上述核心员工已经公司第五届董事会第十四次会议审议通过，尚需向 公司全体员工公示后，由薪酬与考核委员会就公示情况发表明确意见并提交公司 股东会审议。 证券代码：920438 证券简称：戈碧迦 公告编号：2025-178 湖北戈碧迦光电科技股份有限公司 2025 年股权激励计划预留部分授予的激励对象名单 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。 一、2025 年股权激励计划预留权益分配情况 | | | 获授限制性股票 | 占本计划预 留授予限制 | 占目前公司 | | --- | --- | --- | --- | --- | | 姓名 | 职务 | | | 股本总额的 | | | | 数量（万股） | 性股票总量 | 比例 | | | | | 的比例 | | | 童宏杰 | 董事、董事会秘书 | 59.5 | 70.41% | 0.41% | | 黄涛 | 核心员工 | 25 | 29.59% | 0.17% | | 合计 | - | ...