Core Points - The major shareholder of Gongjin Electronics Co., Ltd. (603118.SH), Mr. Tang Fonan, along with his associates, has signed a share transfer agreement to transfer a total of 88.0559 million shares (11.1849% of the total share capital) to Tangshan Industrial Holding Group Co., Ltd. [1] - Mr. Wang Dawei has entered into a voting rights entrustment agreement with Tangshan Industrial Holding, delegating the voting rights of his 117 million shares (14.9136% of the total shares) to Tangshan Industrial Holding, effective from the date of registration change until certain conditions are met [2] - Following the completion of the share transfer and voting rights entrustment, the controlling shareholder of the company will change to Tangshan Industrial Holding, and the actual controller will be the State-owned Assets Supervision and Administration Commission of Tangshan City [2] Summary by Sections Share Transfer Agreement - The agreement involves the transfer of 88.0559 million shares, representing 11.1849% of the company's total share capital, from Mr. Tang Fonan and associates to Tangshan Industrial Holding [1] Voting Rights Entrustment - Mr. Wang Dawei will entrust the voting rights of his 117 million shares, which is 14.9136% of the total shares, to Tangshan Industrial Holding, with the entrustment period defined by specific conditions [2] Change in Control - After the transfer and entrustment, the company will have a new controlling shareholder, Tangshan Industrial Holding, and the actual controller will be the State-owned Assets Supervision and Administration Commission of Tangshan City [2]

Core Viewpoint - The announcement indicates a significant change in the ownership structure of Gongjin Co., Ltd. (603118), with the major shareholder transitioning to Tangshan Industrial Holding Group Co., Ltd. and the actual controller becoming the Tangshan Municipal People's Government State-owned Assets Supervision and Administration Commission [1] Group 1 - Gongjin Co., Ltd. announced on October 31 that its major shareholders, Tang Fonan and his associates, signed a share transfer agreement with Tangshan Industrial Holding Group Co., Ltd. [1] - Following the completion of the first share transfer and voting rights entrustment, the controlling shareholder of the company will change to Tangshan Industrial Holding Group [1] - The actual controller of the company will change to the Tangshan Municipal People's Government State-owned Assets Supervision and Administration Commission [1] Group 2 - The stock of Gongjin Co., Ltd. is set to resume trading on November 3, 2025, at the opening of the market [1]

Core Viewpoint - Gongjin Co., Ltd. is a leading manufacturer in the broadband communication terminal industry, with a focus on broadband communication terminals and smart home systems, showcasing a differentiated advantage across the entire industry chain [1] Group 1: Business Performance - In Q3 2025, Gongjin's revenue reached 6.539 billion yuan, ranking 2nd in the industry, while the industry leader, Yiyuan Communication, reported revenue of 17.877 billion yuan [2] - The main business composition includes PON series revenue of 3.505 billion yuan (41.85% of total) and AP series revenue of 1.972 billion yuan (23.54% of total) [2] - The net profit for the same period was 86.288 million yuan, ranking 10th in the industry, with the industry leader, Yiyuan Communication, reporting a net profit of 727 million yuan [2] Group 2: Financial Ratios - As of Q3 2025, Gongjin's debt-to-asset ratio was 58.74%, up from 45.98% year-on-year, exceeding the industry average of 40.17% [3] - The gross profit margin for Q3 2025 was 11.99%, slightly up from 11.74% year-on-year, but still below the industry average of 26.55% [3] Group 3: Executive Compensation - Chairman Hu Zumin's salary decreased to 1.3042 million yuan in 2024 from 2.1039 million yuan in 2023, a reduction of 799,700 yuan [4] - General Manager Wei Honghai's salary also saw a decrease, from 2.531 million yuan in 2023 to 985,700 yuan in 2024 [4] Group 4: Shareholder Information - As of September 30, 2025, the number of A-share shareholders increased by 0.46% to 67,300, while the average number of circulating A-shares held per shareholder decreased by 0.45% to 11,700 [5] - Hong Kong Central Clearing Limited is the fourth-largest shareholder, holding 9.4754 million shares, an increase of 3.7225 million shares from the previous period [5] Group 5: Future Outlook - Huachuang Securities noted that Gongjin's revenue and net profit for the first half of 2025 showed year-on-year growth, with highlights including a significant increase in overseas revenue and a strong performance in the XGS-PON product line [5] - China Galaxy Securities indicated signs of recovery in Q1 2025, with expectations for net profits of 129 million, 187 million, and 247 million yuan from 2025 to 2027 [6]

Core Insights - Gongjin Co., Ltd. (603118.SH) released its Q3 2025 report on October 30, 2025, indicating a total of 22.4464 million A-shares held by four institutional investors, accounting for 2.85% of the total share capital [1] - The institutional holding ratio decreased by 0.49 percentage points compared to the previous quarter [1] Institutional Investors - The institutional investors include Hong Kong Central Clearing Limited, Qingdao City Investment City Financial Holdings Group Co., Ltd., and two funds from China Merchants Bank [1] - The number of public funds that reduced their holdings this quarter is two, including Southern CSI 1000 ETF and Huaxia CSI 1000 ETF, with a slight decrease in holding ratio [1] - A total of 77 public funds did not disclose their holdings this quarter, including several notable funds such as GF CSI 1000 ETF and Wanji CSI 1000 Index Enhanced A [1] Foreign Investment - One foreign fund, Hong Kong Central Clearing Limited, increased its holdings this quarter, with an increase ratio of 0.47% [1]

Core Insights - The company reported a revenue of 6,539,259,622.81 yuan for the first three quarters of 2025, representing a year-on-year growth of 8.15% [2] - The net profit attributable to shareholders reached 86,288,076.28 yuan, showing a significant year-on-year increase of 529.94% [2] Financial Performance - Revenue for the first three quarters of 2025: 6.54 billion yuan [2] - Year-on-year revenue growth: 8.15% [2] - Net profit for the first three quarters of 2025: 86.29 million yuan [2] - Year-on-year net profit growth: 529.94% [2]

Group 1 - The core viewpoint of the news is that Shenzhen Gongjin Electronics Co., Ltd. reported significant growth in revenue and net profit for the first three quarters of 2025, indicating strong operational performance and market expansion [1] - For the first three quarters of 2025, the company achieved operating revenue of 6.539 billion yuan, a year-on-year increase of 8.15%, and a net profit of 86 million yuan, a remarkable year-on-year growth of 529.94% [1] - In Q3 2025, the company recorded operating revenue of 2.386 billion yuan, reflecting a year-on-year growth of 16.10% and a quarter-on-quarter increase of 13.51%, with net profit reaching 29 million yuan [1] Group 2 - The improvement in overall profitability is attributed to revenue growth, enhanced gross margin, and effective control of operating expenses, with a gross margin of 11.99% for the first three quarters, up 0.25 percentage points year-on-year, and a decrease in expense ratio by 1.99 percentage points [1] - The company has been actively expanding both domestic and international markets, deepening cooperation with core clients, and continuously consolidating its competitive advantages [1] - The overseas business accounted for over 70% of total revenue in the first three quarters, with a year-on-year growth rate exceeding 40%, showcasing strong momentum in international development [1] Group 3 - To support business growth, the company is enhancing its global production capacity, operating nearly 90 SMT production lines across four major production bases, which meet high-end electronic product manufacturing requirements [2] - The company’s second phase factory in Vietnam has commenced production, and a North American cooperative factory project is underway, indicating ongoing expansion of overseas capacity [2] - The company is experiencing positive progress in diversified business areas driven by global data center construction, AI computing power demand, and automotive intelligence trends, with significant revenue recovery in its AP series and expanding market share in switches and servers [2]

Core Insights - Company reported a revenue of 6.539 billion with a year-on-year growth of 8.15% and a net profit of 86 million, showing a significant increase of 529.94% [1] - In Q3 alone, revenue reached 2.386 billion, marking a year-on-year increase of 16.10% and a quarter-on-quarter increase of 13.51% [1] - The improvement in profitability is attributed to revenue growth, enhanced gross margin, and effective control of operating expenses [1] Financial Performance - Gross margin for the first three quarters was 11.99%, an increase of 0.25 percentage points compared to the same period last year [1] - Operating expense ratio decreased by 1.99 percentage points year-on-year, further supporting profit growth [1] Market Expansion - Company has intensified efforts to explore both domestic and international markets, deepening collaboration with core clients [1] - Over 70% of revenue in the first three quarters came from overseas, with a year-on-year growth exceeding 40%, indicating strong overseas development momentum [1] Production Capacity - Company has nearly 90 SMT production lines across four major production bases, enhancing high-precision and high-efficiency assembly capabilities [2] - The second phase of the Vietnam factory has been successfully launched, and the North American cooperation factory project is progressing [2] Business Diversification - The company is experiencing positive developments in diversified business areas due to accelerated global data center construction, AI computing demand, and automotive intelligence trends [2] - Significant recovery in revenue from the AP series in the network communication product line, with substantial growth in server output and shipments [2] Future Outlook - Company aims to leverage historical opportunities presented by global digitalization and intelligence trends, focusing on "technology + capacity" dual drivers [2] - Continued emphasis on core business areas such as network communication, data communication, automotive electronics, and EMS for long-term high-quality development [2]

Core Viewpoint - The company reported a significant increase in both revenue and net profit for the first three quarters of 2025, indicating strong financial performance and growth potential [1] Financial Performance - The total operating revenue for the first three quarters reached 6.539 billion yuan, representing a year-on-year growth of 8.15% [1] - The net profit attributable to shareholders was 86.2881 million yuan, showing a remarkable year-on-year increase of 529.94% [1] - The basic earnings per share stood at 0.11 yuan [1]

深圳市共进电子股份有限公司董事会秘书工作制度 第二条 董事会设董事会秘书，董事会秘书是公司高级管理人员，依据《公 司法》及上海证券交易所的有关规定赋予的职权开展工作，履行职责，对公司和 董事会负责，忠实、勤勉地履行职责。 第三条 董事会秘书是公司与上海证券交易所之间的指定联络人。董事会秘 书负责以公司名义办理信息披露、公司治理、股权管理等相关事务。 第四条 公司设立证券部，为董事会秘书负责管理的信息披露事务部门。 第二章 任职条件 第五条 担任公司董事会秘书，应当具备以下条件： 第六条 有下列情形之一的人士，不得担任公司董事会秘书： (一) 《上市规则》规定的不得担任上市公司董事、高级管理人员的情形； 深圳市共进电子股份有限公司 董事会秘书工作制度 第一章 总则 第一条 为规范深圳市共进电子股份有限公司(以下简称"公司")董事会 秘书的行为，保障董事会秘书依法履行职责，充分发挥董事会秘书的作用，进一 步完善公司的法人治理结构，促进公司规范运作，依照《中华人民共和国公司法》 （以下简称"《公司法》"）、《中华人民共和国证券法》（以下简称"《证券 法》"）、《上海证券交易所股票上市规则》（以下简称"《上市规则》" ...

深圳市共进电子股份有限公司年报信息披露重大差错责任追究制度 深圳市共进电子股份有限公司 年报信息披露重大差错责任追究制度 第一章 总则 第一条 为了进一步提高深圳市共进电子股份有限公司（以下简称"公司"） 的规范运作水平，加大对公司年度报告（以下简称"年报"）信息披露责任人的问 责力度，提高年报信息披露的质量和透明度，增强年报信息披露的真实性、准确性、 完整性和及时性，根据《中华人民共和国证券法》、《中华人民共和国会计法》、 《上市公司信息披露管理办法》、《上市公司治理准则》、《企业会计准则》等法 律、法规、规范性文件及《公司章程》的有关规定，结合公司的实际情况，特制定 本制度。 第五条 年报信息披露发生重大差错的，公司应追究相关责任人的责任，实施 责任追究时，应遵循以下原则： 第二条 公司有关人员应当严格执行《企业会计准则》及相关规定，严格遵守 公司与财务报告相关的内部控制制度，确保财务报告真实、公允地反映公司的财务 状况、经营成果和现金流量。公司有关人员不得干扰、阻碍审计机构及相关注册会 计师独立、客观地进行年报审计工作。 第三条 公司董事、高级管理人员以及与年报信息披露相关的其他人员在年报 信息披露工作 ...