Core Viewpoint - Guanghe Tong (00638) reported a significant decline in both revenue and net profit for the first three quarters of 2025, leading to a nearly 4% drop in stock price [1] Financial Performance - The company's revenue for the first three quarters was approximately 5.366 billion yuan, a year-on-year decrease of 13.69% [1] - The net profit attributable to shareholders was about 316 million yuan, down 51.5% year-on-year [1] - In the third quarter alone, revenue was 1.659 billion yuan, reflecting a year-on-year decrease of 22.56% [1] - The net profit for the third quarter was 98.2842 million yuan, a significant decline of 69.14% year-on-year [1] Adjusted Performance - Excluding the business of Ruilin Wireless, the company's revenue for the first three quarters showed a year-on-year growth of 7.32% [1] - The net profit attributable to shareholders, when adjusted, experienced a slight decline of 2.19% year-on-year [1]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部分內容而產生或因倚 賴該等內容而引致的任何損失承擔任何責任。 Fibocom Wireless Inc. 深圳市廣和通無線股份有限公司 （於中華人民共和國註冊成立的股份有限公司） 本公告由深圳市廣和通無線股份有限公司（「本公司」）根據香港聯合交易所有限公 司證券上市規則第13.10B條作出。 以下為本公司於深圳證券交易所網站（ http://www.szse.cn ）及巨潮資訊網 ( www.cninfo.com.cn )所發佈之《深圳市廣和通無線股份有限公司投資者關係活動 記錄表》，僅供參閱。 承董事會命 深圳市廣和通無線股份有限公司 董事長 張天瑜 中國，2025年10月30日 （股份代碼：00638） 海外監管公告 证券代码：300638 证券简称：广和通 深圳市广和通无线股份有限公司 投资者关系活动记录表 编号：2025-004 | 投资者关系活动类别 | ☐特定对象调研 | ☐分析师会议 | | | | --- | --- | --- | --- | - ...

Fibocom Wireless Inc. 深圳市廣和通無線股份有限公司 （於中華人民共和國註冊成立的股份有限公司） （股份代碼：00638） 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部分內容而產生或因倚 賴該等內容而引致的任何損失承擔任何責任。 海外監管公告 以下為本公司於深圳證券交易所網站（ http://www.szse.cn ）及巨潮資訊網 ( www.cninfo.com.cn )所發佈之《深圳市廣和通無線股份有限公司第四屆監事會第 十七次會議決議公告》，僅供參閱。 承董事會命 深圳市廣和通無線股份有限公司 董事長 張天瑜 中國，2025年10月29日 於本公告日期，本公司董事會成員包括執行董事張天瑜先生、應凌鵬先生及許寧 先生；及獨立非執行董事王寧先生、趙靜女士及吳承剛先生。 证券代码：300638 证券简称：广和通 公告编号：2025-074 深圳市广和通无线股份有限公司 第四屆監事會第十七次會議決議公告 本公告由深圳市廣和通無線股份有限公司（「本公司」）根據香港聯合交易所有限公 司證券上市 ...

海外監管公告 第四屆董事會第十八次會議決議公告 本公告由深圳市廣和通無線股份有限公司（「本公司」）根據香港聯合交易所有限公 司證券上市規則第13.10B條作出。 以下為本公司於深圳證券交易所網站（ http://www.szse.cn ）及巨潮資訊網 ( www.cninfo.com.cn )所發佈之《深圳市廣和通無線股份有限公司第四屆董事會第 十八次會議決議公告》，僅供參閱。 承董事會命 深圳市廣和通無線股份有限公司 董事長 張天瑜 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部分內容而產生或因倚 賴該等內容而引致的任何損失承擔任何責任。 Fibocom Wireless Inc. 深圳市廣和通無線股份有限公司 （於中華人民共和國註冊成立的股份有限公司） （股份代碼：00638） 深圳市广和通无线股份有限公司（以下简称"公司"）第四届董事会第十八次 会议，于 2025 年 10 月 25 日发出会议通知，2025 年 10 月 29 日以现场结合通讯 会议方式召开。本次会议应参与董事 6 名，实际参与董事 ...

Core Viewpoint - The recent transfer of shares in Guanghe Tong (00638) indicates significant market activity, with a total value of HKD 229 million being moved, representing 9.62% of the company's shares [1] Company Summary - Guanghe Tong is recognized as the second-largest wireless communication module provider globally, holding a market share of 15.4% based on revenue from ongoing operations in 2024 [1] - The company leads in several downstream application scenarios within the global wireless communication module market, particularly in smart home and consumer electronics, where it holds the top market share [1] - In the consumer electronics sector, Guanghe Tong's market share reaches an impressive 75.9%, while it ranks second globally in the automotive electronics sector, driven by the rising demand for high-reliability modules in the new energy vehicle market [1]

Core Viewpoint - 建溢集团 (HK00638) is focusing on expanding its market presence and enhancing operational efficiency to drive growth in a competitive landscape [1] Group 1: Company Performance - The company reported a revenue increase of 15% year-on-year, reaching HKD 1.2 billion in the last fiscal year [1] - Net profit rose by 20%, amounting to HKD 300 million, reflecting improved cost management and operational efficiencies [1] - The company plans to invest HKD 200 million in technology upgrades to streamline operations and reduce costs [1] Group 2: Market Strategy - 建溢集团 aims to penetrate new markets in Southeast Asia, targeting a 10% market share within the next three years [1] - The company is enhancing its product offerings to include more sustainable options, responding to increasing consumer demand for eco-friendly products [1] - Strategic partnerships with local distributors are being established to facilitate market entry and expand distribution channels [1] Group 3: Future Outlook - The management anticipates a continued growth trajectory, projecting a revenue increase of 12% for the upcoming fiscal year [1] - The company is exploring potential mergers and acquisitions to accelerate growth and diversify its portfolio [1] - Ongoing investments in research and development are expected to yield innovative products that align with market trends [1]

Group 1: Market Overview - The Hong Kong stock market reached a 22-month high, with the Hang Seng Index closing at 25,391 points, up 216 points or 0.9%, on a trading volume of HKD 81.85 billion [1] - Tech stocks remained the market focus, with Tencent (00700.HK) hitting a new high of HKD 276.8, closing up 2.6% [1] - Cathay Pacific (00293.HK) announced a significant layoff of 600 employees, exceeding the initial estimate of 200, marking the largest restructuring in nearly 20 years [1] Group 2: Cathay Pacific's Restructuring - The layoffs include 190 senior and middle management personnel and 400 non-management staff [1] - The expected annual savings from the layoffs are approximately HKD 500 million, which is only 6% of total labor costs, falling short of the 30% savings target announced in March [1] Group 3: Company Performance - Jianyi Group - Jianyi Group (00638.HK) reported a turnaround from loss to profit, with a forecasted increase in earnings for the fiscal year ending March [1] - The company operates in the electrical and electronic products sector, with revenue from this segment rising 0.3% year-on-year to HKD 871 million, accounting for about 70% of total revenue [2] - Total revenue increased by 2.2% to HKD 1.25 billion, with net profit rising by 69.7% to HKD 70.76 million, and a generous interim and special dividend of HKD 0.2 was declared [2] Group 4: Strategic Initiatives of Jianyi Group - Jianyi Group has been integrating resources and phasing out inefficient facilities, transitioning towards robotics production, which has enhanced the technological content and added value of its product offerings [3] - The company has expanded into the Internet of Things (IoT) product line, with new devices expected to launch in the second half of the fiscal year, anticipating strong growth in orders for AI robots and IoT products [3] - Despite the stock price doubling in the past six months, the company's market capitalization remains around HKD 700 million, with a conservative price-to-earnings ratio of approximately 5 times, indicating attractive valuation [3]

Group 1: Market Overview - The Hong Kong stock market rebounded, with the Hang Seng Index rising 281 points or 1.1% to close at 25,965 points, driven by a significant increase in trading volume of HKD 80.882 billion [1] - The rebound was supported by the recovery of small-cap stocks, which had previously suffered from negative sentiment [1] - HSBC Holdings (00005.HK) saw its stock price reach a two-year high, increasing by 6.3%, contributing 163 points to the Hang Seng Index [1] Group 2: Company Performance - Jianyi Group (00638.HK) reported a remarkable turnaround, achieving a profit of HKD 196 million for the year ending March, compared to a loss of HKD 69.84 million in the same period last year [2] - The company’s earnings per share were HKD 0.4653, with a total dividend payout of HKD 0.25 per share, reflecting a payout ratio exceeding 50% [2] Group 3: Revenue and Profitability - Jianyi Group's revenue increased by 6.7% year-on-year to HKD 2.472 billion, primarily driven by its electrical, electronic products, and motor manufacturing and sales [3] - The gross profit rose by 27.6% to HKD 368 million, with the gross margin improving by 2.5 percentage points to 14.9%, indicating enhanced profitability [3] Group 4: Strategic Focus - Jianyi Group is focusing on four main product areas: robotics and AI technology, IoT applications, high-tech toys, and small home appliances [4] - The company plans to increase investment in the IoT sector over the coming years and is developing a gaming robot utilizing mixed reality technology, which is expected to be a growth highlight [4] - Jianyi Group's current market capitalization is below HKD 1 billion, with a price-to-earnings ratio of only 5 times, suggesting attractive valuation prospects given its optimistic growth outlook [4][5]

Group 1: Market Overview - The Hong Kong stock market showed weakness on the futures settlement day, with the Hang Seng Index closing at 29,623 points, down 57 points or 0.2%, with a trading volume of 109.625 billion HKD [1] - The one-month Hong Kong Interbank Offered Rate (HIBOR) officially surpassed 1%, closing at 1.003%, marking a 0.04% increase from the previous day and reaching a nine-year high [1] - Local bank stocks benefited from the rising interest rates, with Bank of China Hong Kong rising 4.6% to close at 38.9 HKD, breaking through the 50-day moving average [1] Group 2: Company Performance - Jianyi Group reported strong half-year results for the period ending September, with revenue increasing by 18% to 1.475 billion HKD and net profit rising by 15.7% to 81.838 million HKD, resulting in earnings per share of 0.1893 HKD [2] - The revenue and profit growth were primarily driven by the electrical and electronic products and motor segments, which saw increases of 16.9% and 20.5% respectively compared to the same period last year [2] Group 3: Business Operations - Jianyi operates three factories in mainland China, focusing on high-value manufacturing such as AI robotics and IoT in Shenzhen, motor production in Shaoguan, and micro-motor manufacturing in Guizhou [3] - The company is collaborating with major international firms to develop video game products based on popular movies, which are expected to enhance the gaming experience and may contribute to sales in the current fiscal year [3] Group 4: Future Prospects - The IoT and smart home products are key future development areas for Jianyi, with a dynamic product portfolio established in smart home, wearable health devices, STEM education, and gaming [4] - Jianyi's real estate development business, while currently not profitable, has a residential project in Guizhou that has begun pre-sales, with an average price of approximately 5,500 RMB per square meter [6] - The project is expected to receive final compliance certification by the end of March next year, with anticipated revenue to be reflected in the annual results [6]

Core Viewpoint - Kin Yat, a leading OEM manufacturer for IROBOT, is experiencing robust growth driven by strong shipment increases and expansion into new markets, particularly in China, Japan, and EMEA [1][2]. Group 1: Company Overview - Kin Yat is the largest supplier to IROBOT, accounting for 70% of its shipments, with IROBOT contributing approximately 50% to Kin Yat's total revenue in the first half of 2018 [1]. - The company has a long-term OEM relationship with IROBOT, which has been established for over 10 years [1]. Group 2: Growth Drivers - Shipment growth is expected to be strong compared to 2.9 million units in FY16, with China being a major growth driver following the opening of a sales office in 3Q16 [2]. - IROBOT plans to launch a new lawn mower product in 2018, which is anticipated to further drive growth for Kin Yat as it co-develops the product [2]. - Kin Yat's Shenzhen plant has a production capacity of 2.5 million units, with a new plant in Guizhou expected to add 2.4 million units of capacity [2]. Group 3: Micro-Motor Segment - The micro-motor segment grew by 20% in the first half of 2018, primarily due to new client orders in the automotive sector, which accounts for 30% of micro-motor sales [3]. - Key clients in the automotive segment include Hyundai, Kia, Subaru, Mitsubishi, and BMW [3]. - Management aims to increase production capacity from 850,000 units per day to 2 million units per day by 2020, anticipating further margin expansion [3]. Group 4: Land Valuation - The company owns three pieces of land in Guangdong province, with the Shenzhen land valued at over RMB 2 billion and the Shaoguan land valued at RMB 75 million [4]. - There are plans to potentially move the plant to Guizhou to free up land for sale in the medium term [4]. - The Shixing land, covering 300 mu, is likely to be co-developed with property developers in the future [4]. Group 5: Valuation and Dividend Policy - Kin Yat is currently trading at a valuation of 5.8x FY18 PE and 4x FY19 PE, which is considered undemanding [5]. - The company has a 30% payout dividend policy, yielding about 5%, with future growth expected from increased micro-motor capacity and IROBOT product sales [5]. - Any potential land sales could provide opportunities for special dividends [5].