（文章来源：证券日报） 证券日报网讯 12月25日，四创电子发布公告称，公司2025年12月25日召开2025年第二次临时股东会， 审议《关于续聘2025年度财务审计机构的议案》等。 ...

证券代码：600990 证券简称：四创电子 公告编号：2025-035 四创电子股份有限公司 2025年第二次临时股东会决议公告 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法律责任。 重要内容提示： 本次会议是否有否决议案：无 一、 会议召开和出席情况 | 1、出席会议的股东和代理人人数 | 338 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 126,446,694 | | 3、出席会议的股东所持有表决权股份数占公司有表决权股 | | | 份总数的比例（%） | 46.6463 | (四) 表决方式是否符合《公司法》及《公司章程》的规定，会议主持情况等。 本次会议由公司第八届董事会召集，董事长张成伟先生因工作原因未能出席 本次会议，由过半数的董事推举，现场会议由董事张小旗先生主持，本次会议以 现场投票与网络投票相结合的方式进行表决，会议的召集、召开和表决方式符合 《公司法》《公司章程》及《股东会议事规则》的有关规定，本次会议决议合法、 (一) 股东会召开的时间：2025 年 12 月 25 ...

股东会法律意见书 安徽天禾律师事务所 关于四创电子股份有限公司 二○二五年第二次临时股东会的法律意见书 致：四创电子股份有限公司 依据《证券法》《公司法》《上市公司股东会规则》和《四创 电子股份有限公司章程》（以下简称"《公司章程》"）的有关规 定，安徽天禾律师事务所接受四创电子股份有限公司（以下简称 "公司"）的委托，指派马慧、阮翰林两位律师（以下简称"本所 律师"）就公司于 2025 年 12 月 25 日召开的 2025 年第二次临时股 东会（以下简称"本次股东会"）出具法律意见书。 本所律师按照律师行业公认的业务标准、道德规范和勤勉尽责 精神，参与了本次股东会，并对公司提供的有关文件和事实进行了 核查和验证，现出具法律意见如下： 一、本次股东会的召集程序 本次股东会由公司董事会召集。公司董事会于 2025 年 12 月 10 日在《上海证券报》和公司指定的信息披露网站上刊登了《关于召 开二○二五年第二次临时股东会的通知》。 本所律师认为，公司本次股东会的召集程序符合法律、法规、 规范性文件和《公司章程》的规定。 二、本次股东会的召开程序 1、本次股东会于 2025 年 12 月 25 日下午 14：3 ...

Core Viewpoint - The general aviation sector is experiencing significant growth, driven by the launch of a commercial aerospace industry alliance fund and the anticipated advancements in rocket recovery technology in China [1][2]. Group 1: Market Performance - As of December 25, 2025, the China General Aviation Theme Index (931855) rose by 1.94%, with key stocks such as Guanglian Aviation (300900) increasing by 19.99% and Plittech (688333) by 6.93% [1]. - The General Aviation ETF (561660) also saw a rise of 1.90%, with the latest price reported at 1.13 yuan [1]. - Over the past week, the General Aviation ETF fund experienced a significant growth of 193.17 million yuan [2]. Group 2: Fund and Investment Details - The newly launched commercial aerospace industry alliance fund has an initial issuance scale of 1 to 2 billion yuan, with a long-term goal of expanding to 10 billion yuan over a 10-year period [1]. - The fund will focus on four main areas: low-orbit satellite constellations and satellite internet, reusable launch vehicles and rocket launch services, new materials and devices for commercial aerospace, and the development and utilization of space resources [1]. - The top ten weighted stocks in the China General Aviation Theme Index account for 40.68% of the index, including companies like Aerospace Electronics (600879) and Haige Communication (002465) [2].

四创电子 股份有限公司成立于2000年08月18日，注册资本27107.5062万人民币。 数据宝统计，截至14:50， 四创电子 成交额14.10亿元，创上市以来新高。最新股价上涨2.08%，换手率 16.57%。上一交易日该股全天成交额为5.65亿元。 ...

Group 1 - The core viewpoint of the news is that Sichuan Electronics has seen a significant increase in stock price, rising by 5.45% to reach 32.89 yuan per share, with a trading volume of 9.56 billion yuan and a turnover rate of 11.39%, resulting in a total market capitalization of 89.16 billion yuan [1] - Sichuan Electronics, established on August 18, 2000, and listed on May 10, 2004, is primarily engaged in radar, smart industry, and energy sectors, including meteorological radar, air traffic control radar, low-altitude warning radar, and various related products [1] - The company's revenue composition is as follows: radar and supporting products account for 53.16%, public safety products 26.24%, power products 15.10%, mobile support equipment 4.68%, and other supplementary products 0.83% [1] Group 2 - From the perspective of the top ten circulating shareholders, Huashang Fund has a fund that ranks among the top shareholders of Sichuan Electronics, with Huashang New Trend Preferred Mixed Fund (166301) newly entering the top ten in the third quarter, holding 1 million shares, which is 0.37% of the circulating shares [2] - The Huashang New Trend Preferred Mixed Fund (166301) has a current scale of 4.566 billion yuan and has achieved a return of 45.11% this year, ranking 1232 out of 8170 in its category [2] - The fund manager, Tong Li, has a tenure of 9 years and 257 days, with the fund's total asset scale at 6.838 billion yuan, achieving a best return of 243.03% and a worst return of -18.31% during his tenure [3]

Investment Rating - The report assigns an "Accumulate" rating for the controllable nuclear fusion industry [5]. Core Insights - The controllable nuclear fusion industry is experiencing a significant acceleration in bidding, with major contracts focusing on components such as magnets and power supplies. The total amount of contracts awarded has exceeded 1 billion RMB [3][4]. - Trump Media Technology has announced a final merger agreement with TAE Technologies, valued at over 6 billion USD, aimed at building large fusion power plants to meet energy demands driven by artificial intelligence [4][18]. - The U.S. Department of Energy has invested 87 million USD to promote the application of artificial intelligence in fusion energy research, indicating a strong governmental push towards technological advancements in this field [24]. Summary by Sections Market Performance - During the week of December 15-19, the nuclear fusion index fell by 0.59%, underperforming the broader market by 0.62 percentage points [8][11]. Bidding and Contract Information - The report highlights that the bidding activity has significantly increased, with major contracts awarded primarily for magnets and power supplies. Notable companies involved in recent contracts include Aike Saibo and Qifan Cable [4][10]. Domestic and International News - Gyro Swin, an AI tool developed by a research team, has achieved a 1000-fold increase in the speed of 5D plasma modeling, reducing computation time from days to seconds [13]. - Thea Energy has unveiled the Helios concept design for a commercial fusion power station, which aims to simplify the manufacturing of complex magnetic fields necessary for plasma confinement [16][17]. Investment Dynamics - The merger between Trump Media Technology and TAE Technologies is expected to facilitate the construction of the first utility-scale fusion power plant, with an initial capacity of 50 MW and plans for future expansion [19][23]. - The report emphasizes the importance of focusing on key components such as magnets, power supplies, and other critical systems within the controllable nuclear fusion sector, identifying several key domestic suppliers [27].

Core Viewpoint - Sichuan Electronics (stock code: 600990) has experienced a significant stock price increase of 10.02% on December 19, 2025, closing at 31.19 yuan, with a total market capitalization of 8.455 billion yuan [1] Group 1: Stock Performance - On December 19, 2025, Sichuan Electronics opened at 28.8 yuan, reached a high of 31.19 yuan, and a low of 28.73 yuan, with a trading volume of 5.65 billion yuan and a turnover rate of 6.87% [1] Group 2: Corporate Announcement - Sichuan Electronics announced the completion of its registered capital change and the issuance of a new business license, following board and shareholder meetings held on August 26 and October 15, 2025 [1] - The company's registered capital was changed from 273,289,812 yuan to 271,075,062 yuan, with management authorized to handle the necessary registration and licensing changes [1] - The business license was reissued by the Anhui Provincial Market Supervision Administration after the completion of the registration change and the filing of the revised Articles of Association on December 18, 2025 [1]

Group 1 - The military electronics sector increased by 1.16% on December 19, with Sichuan Chuang Electronics leading the gains [1] - The Shanghai Composite Index closed at 3890.45, up 0.36%, while the Shenzhen Component Index closed at 13140.22, up 0.66% [1] - Key stocks in the military electronics sector showed significant price increases, with Sichuan Chuang Electronics rising by 10.02% to a closing price of 31.19 [1] Group 2 - The military electronics sector experienced a net inflow of 232 million yuan from institutional investors, while retail investors contributed a net inflow of 307 million yuan [2] - Major stocks like Aerospace Development saw a net inflow of 286.6 million yuan from institutional investors, indicating strong interest [3] - Retail investors showed a mixed response, with significant outflows from stocks like Sichuan Chuang Electronics, which had a net outflow of 86.5 million yuan from retail investors [3]

证券代码：600990 股票简称：四创电子 编号：临 2025-034 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法律责任。 四创电子股份有限公司（以下简称"公司"）于 2025 年 8 月 26 日、2025 年 10 月 15 日分别召开八届八次董事会、2025 年第一次临时股东会，审议通过 《关于修订<公司章程>的议案》，同意将公司注册资本由人民币 273,289,812 元变更为人民币 271,075,062 元，并授权公司经营管理层办理工商变更登记和营 业执照变更相关事宜。具体内容详见公司分别于 2025 年 8 月 28 日和 2025 年 10 月 16 日披露于上海证券交易所网站（www.sse.com.cn）的《四创电子八届八次 董事会决议公告》（公告编号：临 2025-021）和《四创电子 2025 年第一次临时 股东会决议公告》（公告编号：临 2025-026）。 2025 年 12 月 18 日，公司完成了工商变更登记和《公司章程》备案手续， 并取得了安徽省市场监督管理局换发的《营业执照》，换发后的《营业执照 ...