Core Viewpoint - The G60 Strategic Emerging Industries Index in A-shares has shown mixed performance, with a recent decline of 0.54% and a monthly drop of 4.70%, while it has increased by 0.02% over the past three months [1] Group 1: Index Performance - The G60 Index closed at 914.89 points with a trading volume of 15.257 billion [1] - The index reflects the overall performance of up to 50 largest strategic emerging industry companies listed in the Shanghai market from the Yangtze River Delta G60 cities [1] Group 2: Index Composition - The top ten weighted companies in the G60 Index include: Jianghuai Automobile (9.43%), Huayou Cobalt (7.14%), Hengsheng Electronics (6.17%), Zhongkong Technology (4.79%), Hengtong Optic-Electric (4.73%), Silan Microelectronics (4.55%), China Jushi (4.51%), Naxin Micro (3.21%), Zejing Pharmaceutical (3.14%), and Jingfang Technology (2.84%) [1] - The index is fully composed of companies listed on the Shanghai Stock Exchange [1] Group 3: Industry Breakdown - The industry composition of the index shows that Industrial sector accounts for 35.49%, Information Technology for 31.15%, Materials for 14.14%, Healthcare for 9.74%, and Communication Services for 9.49% [2] Group 4: Index Adjustment - The index samples are adjusted biannually, with adjustments occurring on the next trading day after the second Friday of June and December [2] - Weight factors are generally fixed until the next scheduled adjustment, with special circumstances allowing for temporary adjustments [2] Group 5: Tracking Funds - Public funds tracking the G60 Index include the Shenwan Hongyuan G60 Strategic Emerging Industries ETF [3]

江苏亨通光电股份有限公司（以下简称"公司"）控股股东亨通集团有限公司（以下 简称"亨通集团"）持有公司股份 586,229,925 股，占公司总股本的比例 23.77%；截至本公 告披露日，亨通集团持有公司股份累计质押数量（含本次）323,850,000 股，占其持股数量的 比例为 55.24%，占公司总股本的比例为 13.13%。 一、公司股份质押情况 公司于 2025 年 4 月 17 日收到亨通集团关于部分股份质押的通知，具体情况如下： （一）本次股份质押基本情况 证券代码：600487 证券简称：亨通光电 公告编号：2025-010 号 江苏亨通光电股份有限公司 关于控股股东部分股权质押及解除质押公告 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、准确性和完整性承担个别及连带责任。 重要内容提示： （一）本次股份解质基本情况 2025 年 4 月 16 日，亨通集团将其持有的本公司 2,000 万股无限售流通股质押给江苏银行 股份有限公司苏州分行。该股份质押登记手续已于 2025 年 4 月 17 日办理完毕。本次股份质 押情况具体如下： | 股 ...

Core Points - The A-share market's three major indices closed mixed, with the Shanghai 380 Index down 0.25% at 5304.0 points and a trading volume of 88.591 billion yuan [1] - The Shanghai 380 Index has decreased by 6.15% over the past month, increased by 1.25% over the past three months, and has fallen by 1.15% year-to-date [1] - The index is composed of 380 securities selected from the Shanghai Stock Exchange based on criteria such as revenue growth rate, return on equity, trading volume, and total market capitalization [1] Index Composition - The top ten weighted stocks in the Shanghai 380 Index include: Hu Nong Commercial Bank (1.28%), Chifeng Gold (1.21%), Chengdu Bank (1.14%), Yunnan Agricultural Commercial Bank (1.02%), Yutong Bus (0.94%), Rockchip (0.87%), Hengtong Optic-Electric (0.80%), China Software (0.78%), Shengyi Technology (0.74%), and Hongfa Technology (0.72%) [1] - The index is entirely composed of stocks listed on the Shanghai Stock Exchange, with a 100% allocation [1] Industry Breakdown - The industry composition of the Shanghai 380 Index includes: Industrial (26.66%), Information Technology (14.56%), Materials (12.26%), Financials (10.34%), Healthcare (10.20%), Consumer Discretionary (8.46%), Communication Services (4.72%), Energy (3.72%), Consumer Staples (3.55%), Utilities (3.37%), and Real Estate (2.15%) [2] - The index samples are adjusted biannually, with changes implemented on the next trading day following the second Friday of June and December, with a sample adjustment limit of 10% [2] - Special adjustments may occur under certain circumstances, such as when a sample is delisted or undergoes mergers, acquisitions, or splits [2]

Investment Rating - Industry Rating: Outperform the market (maintained rating) [5] Core Viewpoints - The AI industry is expected to remain a key investment theme for the year, with significant developments anticipated in AI models and applications, particularly with the upcoming release of GPT-4.1 and related technologies [2][10] - The report emphasizes the importance of the "AI + overseas expansion + satellite" investment opportunities, highlighting the potential in sectors such as optical modules, liquid cooling, and domestic computing power [19][20] - The government’s focus on deep-sea technology and the North Star satellite industry is seen as a catalyst for growth in these sectors [2][19] Summary by Sections 1. Artificial Intelligence and Digital Economy - Key recommendations include companies in optical modules and optical devices such as Zhongji Xuchuang, Xinyi Sheng, and Tianfu Communication [3][23] - For switch server PCBs, recommended companies include Hudian Co., ZTE, and Unisplendour [3][23] - Emphasis on undervalued, high-dividend companies like China Mobile, China Telecom, and China Unicom [3][23] - AIDC and cooling solutions are highlighted with key recommendations for companies like Yingweike and Runze Technology [3][23] - AIGC applications and edge computing power are recommended for companies like Guohua Tong and Meige Intelligent [3][23] 2. Marine Wind and Submarine Cables - Key recommendations for marine wind and submarine cable companies include Hengtong Optic-Electric, Zhongtian Technology, and Dongfang Cable [4][24] - The report notes a recovery in overseas expansion and concentration on leading companies such as Huace Navigation and Weisheng Information [4][24] 3. Satellite Internet and Low-altitude Economy - The report highlights the acceleration of low-orbit satellites and the low-altitude economy, recommending companies like Huace Navigation and Haige Communication [5][25] - Suggested companies for attention include Chengchang Technology and Zhenlei Technology [5][25] 4. Recent Industry Dynamics - The AI industry is experiencing rapid advancements, with OpenAI's upcoming GPT-4.1 model expected to enhance multimodal reasoning capabilities [10][12] - The National Development and Reform Commission is seeking public opinion on the Satellite Navigation Regulations, which is expected to support the development of the Beidou satellite industry [13][14]

重要内容提示： 江苏亨通光电股份有限公司（以下简称"公司"）实际控制人崔根良先生持有公司股份 95,294,433 股，占公司总股本的比例 3.86%；截至本公告披露日，崔根良先生持有公司股份累 计质押数量（含本次）51,500,000 股，占其持股数量的比例为 54.04%，占公司总股本的比例 为 2.09%。 一、 公司股份解质情况 公司于 2025 年 4 月 10 日收到崔根良先生关于部分股份解除质押的通知，具体情况如下： 证券代码：600487 证券简称：亨通光电 公告编号：2025-009 号 江苏亨通光电股份有限公司 关于实控人部分股权解除质押及质押公告 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、准确性和完整性承担个别及连带责任。 （一）本次股份解质基本情况 2025 年 4 月 9 日，崔根良先生将其质押给华夏银行股份有限公司苏州分行的 2,000 万股 无限售流通股办理了质押解除手续，该股份质押解除手续已于 2025 年 4 月 10 日办理完毕。 本次股份解除质押情况具体如下： | 股东名称 | 崔根良 | | --- | --- ...

Core Viewpoint - The controlling shareholder of Jiangsu Hengtong Optic-Electric Co., Ltd. plans to increase its stake in the company, reflecting confidence in the company's future development and value recognition, aimed at boosting investor confidence and ensuring the company's sustainable growth [2][6]. Group 1: Shareholder's Increase Plan - The controlling shareholder, Hengtong Group, intends to increase its stake by an amount not less than RMB 150 million and not exceeding RMB 300 million, with the actual number of shares to be determined by transaction conditions [2][9]. - The increase will be conducted through the Shanghai Stock Exchange trading system via centralized bidding for A-shares [3][8]. - The implementation period for the increase plan is set for 12 months from the date of this announcement, with provisions for extension if the company's stock is suspended for more than 10 trading days due to major matters [3][11]. Group 2: Funding and Commitment - The funding for the share increase will come from Hengtong Group's own funds and a special loan from a bank, with a commitment of up to RMB 270 million for this purpose [12]. - Hengtong Group has committed not to reduce its holdings during the implementation period of the increase plan [13]. Group 3: Current Shareholding Structure - Before the increase plan, Hengtong Group holds 586,229,925 shares, accounting for 23.77% of the total share capital, while its concerted actions with others total 681,524,358 shares, representing 27.63% [4].

证券代码：600487 证券简称：亨通光电 公告编号：2025-008 号 江苏亨通光电股份有限公司 关于控股股东增持公司股份计划的公告 一、增持主体的基本情况 （一）增持主体的名称及与公司的关系 1 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、准确性和完整性承担个别及连带责任。 重要内容提示： 增持规模：江苏亨通光电股份有限公司（以下简称"公司"）控股股东 亨通集团有限公司（以下简称"亨通集团"）拟增持金额不低于人民币 1.5 亿元 (含)、不超过人民币 3 亿元(含)，增持股份数量以实际交易情况为准。 增持方式：通过上海证券交易所交易系统以集中竞价方式增持公司 A 股 股票。 实施期限：综合考虑市场波动、窗口期、资金安排等因素，亨通集团拟 自本公告披露之日起 12 个月内实施增持计划。增持计划实施期间，如公司股票 因筹划重大事项连续停牌 10 个交易日以上，增持计划在股票复牌后顺延实施。 资金安排：本次拟增持股份的资金来源于亨通集团自有资金及银行向亨 通集团提供的专项贷款。亨通集团已取得银行贷款承诺书，银行承诺为亨通集团 增持公司股票事项提供不超过 ...

亨通光电：控股股东亨通集团拟增持不低于1.5亿元且不超过3亿元公司股份 智通财经4月9日电，亨通光电(600487.SH)公告称，公司控股股东亨通集团拟增持金额不低于人民币1.5 亿元(含)、不超过人民币3亿元(含)，增持股份数量以实际交易情况为准。增持方式通过上海证券交易所 交易系统以集中竞价方式进行，实施期限自公告披露之日起12个月内。资金来源为亨通集团自有资金及 银行提供的不超过2.7亿元的专项贷款。增持计划可能面临资本市场变化等风险。 ...

Group 1: Company Announcements - WuXi AppTec announced the sale of 50.8 million shares of WuXi AppTec Holdings through block trading, with a transaction amount of approximately HKD 2.178 billion, resulting in an investment gain of about RMB 1.847 billion, which accounts for over 10% of the company's latest audited net profit attributable to shareholders [1] - Jinlongyu plans to invest RMB 1.2 billion to construct a production line for key materials for solid-state batteries in Huizhou New Materials Industrial Park [2] - Dazhu CNC is conducting preliminary research on the issuance of overseas securities (H shares) and listing [3] - Anyuan Coal Industry plans to acquire 57% of Jinhui Magnetic Separation and simultaneously divest its coal business, which is expected to constitute a major asset restructuring [4] - Yuntian Lifa announced that its subsidiary has completed the delivery and acceptance of AI training and inference computing power services, positively impacting the company's operational performance [5] - AVIC Industry plans to voluntarily withdraw its A-share listing and will be suspended from trading starting April 3, 2025 [6] Group 2: Financial Performance - Naipu Mining reported a 45.46% year-on-year increase in net profit for 2024 and plans to distribute a cash dividend of RMB 0.7 per 10 shares [7] - New Hope expects a profit of RMB 430 million to RMB 500 million in the first quarter, marking a turnaround from losses [7] - Jinbei Automobile reported a net profit of RMB 382 million for 2024, a year-on-year increase of 214.06% [7] - Hailu Heavy Industry anticipates a year-on-year net profit increase of 50% to 65% for the first quarter of 2025 [8] Group 3: Major Transactions and Investments - Baiyin Nonferrous Metals completed the acquisition of a mining company's equity, increasing its copper metal resources to approximately 930,000 tons [9] - Ningbo Port expects to complete a container throughput of 12.11 million TEUs in the first quarter, a year-on-year increase of 10.9% [11] - Huafeng Communication reported a year-on-year net profit increase of 38.38% for 2024 [11] - Kid King anticipates a year-on-year net profit increase of 72.44% for 2024 and plans to distribute a cash dividend of RMB 0.5 per 10 shares [11]

Mergers and Acquisitions - Anyuan Coal Industry's controlling shareholder plans to swap 57% of Jiang Jinhui's magnetic separation shares with the company's coal business, which is expected to constitute a significant asset restructuring [1] - *ST Zhongji intends to acquire 100% equity of New Energy Chemical [1] Equity Transfer, Buyback, and Increase - Kingsoft Office's shareholder is inquiring about the transfer of 7.7618 million shares [2] - Shenhuo Co. plans to repurchase shares for between 250 million to 450 million yuan [2] - Glodon Company intends to repurchase shares for between 105 million to 210 million yuan [2] - Lite Optoelectronics plans to repurchase shares for between 50 million to 100 million yuan [2] - Hengtong Group, the controlling shareholder of Hengtong Co., plans to increase its stake by 150 million to 300 million yuan [2] External Investment and Daily Operations - Jinlongyu plans to invest 1.2 billion yuan in the construction of a solid-state battery material project [3] - Guangxin Materials' fundraising project "11,300t/a self-made resin and 7,000t/a inner layer ink" has begun trial production [3] - WuXi AppTec sold 50.8 million shares of WuXi AppTec Holdings, with an investment return of approximately 1.847 billion yuan [3] - Shanghai Environment intends to acquire 50% equity of Shanghai Chengbo Lian Industrial Co., Ltd. for 582 million yuan [3] - Taicheng Light signed a global patent licensing agreement with US Conec Ltd., allowing for mass production and sales of MDC fiber optic connectors [3] Performance Changes - New Hope expects a year-on-year net profit growth of 122.23% to 125.85% in the first quarter of 2025, with a reduction in losses from pig farming and an increase in both volume and profit in the feed business [4] - Haili Heavy Industry anticipates a year-on-year net profit growth of 50.00% to 65.00% in the first quarter of 2025, driven by improved order quality and a higher proportion of high-margin product orders, resulting in increased sales gross margin [4]