超颖电子电路股份有限公司 2026 年第一次临时股东会会议资料 股票简称：超颖电子 股票代码：603175 2026 年 1 月 | | | 超颖电子电路股份有限公司 2026 年第一次临时股东会会议资料 超颖电子电路股份有限公司 2026 年第一次临时股东会会议须知 为维护超颖电子电路股份有限公司（以下简称"公司"）全体股东的合法权益， 确保股东会的正常秩序和议事效率，保证本次会议的顺利进行，根据《中华人民共 和国公司法》《中华人民共和国证券法》《上市公司股东会规则》以及《超颖电子 电路股份有限公司章程》《超颖电子电路股份有限公司股东会议事规则》等相关规 定，特制定本次股东会须知如下： 一、为确认出席会议的股东或其代理人或其他出席者的出席资格，会议工作人 员将对出席会议者的身份进行必要的核对工作，请被核对者给予配合。 二、为保证本次会议的严肃性和正常秩序，切实维护股东的合法权益，务请出 席会议的股东或其代理人或其他出席者准时到达会场签到确认参会资格。会议开始 后，会议登记应当终止，由会议主持人宣布现场出席会议的股东和代理人人数及所 持有的表决权数量。 三、会议按照会议通知上所列顺序审议、表决议案。 四、股东 ...

Core Insights - The automotive PCB industry is experiencing significant growth, with the global market size projected to increase from $6.457 billion in 2020 to $9.195 billion by 2024, representing a compound annual growth rate (CAGR) of 9.2% [2] - China, as the largest automotive producer and consumer, is expected to see its automotive PCB market reach approximately 22.27 billion yuan in 2024, growing by 4.3% year-on-year, driven by the rapid advancement of electric vehicles and smart automotive technologies [2] Industry Overview - Printed Circuit Boards (PCBs) are essential components in various sectors, including automotive, consumer electronics, industrial, medical, and military applications [4] - In the automotive sector, PCBs must exhibit excellent electrical performance and reliability, with rigorous testing for high-temperature aging, low-temperature shock, and thermal cycling [8] - The automotive PCB market is characterized by a shift towards high-end products, with increasing demand for advanced technologies such as ADAS and electric vehicle components [2][4] Market Dynamics - The automotive PCB market is expected to expand further, reaching $9.712 billion in 2025, with a year-on-year growth of 5.6% [2] - The competitive landscape is evolving, with a tiered structure where international giants dominate high-end markets while Chinese companies focus on mid-range segments [2] - Key competitors in the automotive PCB space include companies like Huada Technology, Shennan Circuit, and Jinko Electronics, with market shares of 3.7%, 2.3%, and 4.1% respectively in 2024 [2][3] Application and Characteristics - Automotive PCBs are categorized into flexible PCBs, rigid PCBs, thick copper PCBs, multilayer PCBs, and HDI boards, each serving different applications based on their material properties [5] - Key features required for automotive PCBs include durability, lightweight design, high current carrying capacity, and thermal resistance, which are critical for various automotive applications such as battery management systems and electronic control units [5][8] Industry Supply Chain - The automotive PCB supply chain consists of upstream raw materials (electrolytic copper, wood pulp, fiberglass, synthetic resins), midstream manufacturing, and downstream applications in traditional and electric vehicles [6][7] - The manufacturing process is capital and technology-intensive, with high barriers to entry due to the lengthy certification processes required by automotive manufacturers [6]

Core Viewpoint - The company, 超颖电子, specializes in the research, production, and sales of printed circuit boards (PCBs) and has established stable partnerships with major global manufacturers in various sectors, benefiting from the depreciation of the RMB. Group 1: Company Overview - 超颖电子 is located in Huangshi, Hubei Province, and was established on November 6, 2015, with its listing date on October 24, 2025 [7] - The main business revenue composition is 95.68% from PCBs and 4.32% from other sources [7] - As of October 24, 2025, the number of shareholders is 69,000, with an increase of 1,150,400% compared to the previous period [7] Group 2: Financial Performance - For the period from January to September 2025, the company achieved a revenue of 3.378 billion yuan, representing a year-on-year growth of 10.71% [7] - The net profit attributable to the parent company was 212 million yuan, showing a year-on-year decrease of 12.14% [7] Group 3: Business Relationships - In the storage sector, the company has established stable partnerships with globally recognized manufacturers of mechanical hard drives, solid-state drives, and memory modules [2] - In the communication and server sectors, the company collaborates with well-known chip manufacturers and cloud service providers, offering products for AI servers and other advanced technologies [2] Group 4: Market Dynamics - The company benefits from the depreciation of the RMB, with overseas revenue accounting for 79.19% of total revenue [3] - The main clients in the automotive electronics sector include major global suppliers such as Continental, Valeo, Bosch, and Tesla [3] Group 5: Technical Analysis - The average trading cost of the stock is 70.96 yuan, with the current price near a support level of 74.38 yuan [6] - The stock has seen a slight net inflow of funds, indicating a mixed trend in market interest [5]

Core Viewpoint - ChaoYing Electronics experienced a significant stock increase of 9.75% on January 7, with a trading volume of 835 million yuan, indicating strong market interest and activity [1]. Financing Summary - On January 7, ChaoYing Electronics had a financing buy amount of 85.83 million yuan, while the financing repayment was 86.93 million yuan, resulting in a net financing buy of -1.10 million yuan [1]. - As of January 7, the total financing and securities balance for ChaoYing Electronics was 284 million yuan, which represents 8.59% of its circulating market value [1]. Margin Trading Summary - On January 7, there were no shares repaid or sold in margin trading, with the margin balance and remaining shares both at zero [1]. Company Overview - ChaoYing Electronics Co., Ltd. is located in Huangshi City, Hubei Province, and was established on November 6, 2015, with its listing date set for October 24, 2025 [1]. - The company's main business involves the research, development, production, and sales of printed circuit boards (PCBs), with PCB sales accounting for 95.68% of its revenue and other supplementary products making up 4.32% [1]. Financial Performance - For the period from January to September 2025, ChaoYing Electronics reported a revenue of 3.378 billion yuan, reflecting a year-on-year growth of 10.71%. However, the net profit attributable to the parent company was 212 million yuan, showing a year-on-year decrease of 12.14% [1]. - As of October 24, 2025, the number of shareholders for ChaoYing Electronics reached 69,000, which is a significant increase of 1,150,400% compared to the previous period, with an average of 637 circulating shares per shareholder [1].

Group 1 - The company plans to expand its AI computing high-end PCB production project, increasing the investment from 1.468 billion yuan to 3.315 billion yuan, funded by self-owned or self-raised funds [1][3] - The revenue for the first three quarters of 2025 reached 3.378 billion yuan, a year-on-year increase of 10.71%, driven by AI technology innovation and data center upgrades [1][4] - The project aims to meet the growing demand for high-end PCB products and enhance the company's overseas production capacity, thereby improving its market position and profitability [3] Group 2 - The company's wholly-owned subsidiary in Thailand, Dynamic Technology Manufacturing (Thailand) Co., Ltd., commenced production in December 2024, focusing on AI servers, automotive electronics, and storage [2] - The Thai facility is currently in a ramp-up phase, with production capacity not yet meeting expectations, but it is considered a key part of the company's global strategy despite short-term losses [2] - The investment in the Thai subsidiary has been increased multiple times, with a recent announcement of an additional investment of 100 million USD or equivalent currency [3] Group 3 - The company was established in 2015 and specializes in the R&D, production, and sales of PCBs, successfully listing on the Shanghai Stock Exchange on October 24 [4] - The company has achieved significant operational efficiencies, sourcing up to 70% of raw materials locally, which has contributed to its rapid construction and production timelines [4] - Future plans include enhancing existing factories' efficiency and implementing automation, digitalization, and intelligent processes to improve production lines [4]

Core Viewpoint - The stock of Chaoying Electronics has seen a significant increase of 9.75% with a trading volume of 8.35 billion yuan, reflecting strong market interest and potential growth in the PCB and storage chip sectors [1] Group 1: Company Overview - Chaoying Electronics specializes in the research, production, and sales of printed circuit boards (PCBs), with its main products categorized into double-sided and multi-layer boards [2] - The company has established stable partnerships with globally recognized manufacturers in the storage sector, including mechanical hard drives, solid-state drives, and memory modules [2][3] - In the automotive electronics sector, key clients include major global suppliers such as Continental, Valeo, Bosch, and Tesla [3] Group 2: Financial Performance - For the period from January to September 2025, Chaoying Electronics reported a revenue of 3.378 billion yuan, representing a year-on-year growth of 10.71%, while the net profit attributable to shareholders decreased by 12.14% to 212 million yuan [7] - The company's overseas revenue accounted for 79.19% of total revenue, benefiting from the depreciation of the Chinese yuan [3] Group 3: Market Dynamics - The stock is currently experiencing a net inflow of 91.25 million yuan, with a turnover rate of 25.90% and a total market capitalization of 32.812 billion yuan [1][4] - The average trading cost of the stock is 69.96 yuan, with the current price approaching a support level of 73.30 yuan, indicating potential volatility [6]

Group 1: Resumption of Trading - Guanshang Technology plans to acquire 100% of Liaojing Electronics through a combination of share issuance and cash payment, leading to the resumption of its stock trading. Liaojing focuses on semiconductor integrated circuits and discrete devices, with applications in aerospace, aviation, shipping, and weaponry [1] - Thinking Control has terminated its plans for a change in control, resulting in the resumption of its stock trading [1] - Baihua Pharmaceutical has also terminated its plans for a change in control, leading to the resumption of its stock trading [1] - Guosheng Technology has seen a cumulative increase of 370.2% in stock price from October 31 to January 6 and will be suspended for verification [1] - Jiamei Packaging's stock is suspended for verification due to abnormal price increases, with 12 trading days of gains [1] Group 2: Private Placement - Xiamen Port plans to issue shares and pay cash to acquire Xiamen International Port, with a transaction price of 6.178 billion yuan [2] - Zhejiang Xiantong intends to raise no more than 1.05 billion yuan through a private placement for projects related to automotive frameless sealing strips, R&D center upgrades, and working capital [2] Group 3: Equity Transfer - Chao Xun Communication's controlling shareholder Liang Jianhua plans to transfer 5% of shares through an agreement [3] Group 4: External Investment and Daily Operations - Chaoying Electronics has adjusted its investment in the AI high-end printed circuit board expansion project from 1.468 billion yuan to 3.315 billion yuan, aiming for an annual production capacity of 166,500 square meters [4] - Times New Materials has signed sales contracts for wind turbine blades with major manufacturers, totaling approximately 3.32 billion yuan (including tax) for the period from October 1, 2025, to December 31, 2025 [4] - Yihuilong has signed a strategic cooperation framework agreement with Shenzhen Brain-Machine Starlink Technology to jointly develop brain-machine interface products and promote market expansion [4] - Robotech's wholly-owned subsidiary ficonTEC Service GmbH has signed a contract worth approximately 7.7 million euros with a leading Swiss company, expected to positively impact the company's operating performance in 2026 [4] Group 5: Performance Changes - Lier Chemical expects a net profit of 460 million to 500 million yuan in 2025, representing a year-on-year increase of 113.62% to 132.19%, driven by increased demand for certain products and a rise in overall gross margin [5] - Zhongtai Co. anticipates a net profit of 420 million to 480 million yuan in 2025, marking a turnaround from losses, attributed to the manufacturing sector's overseas orders entering the delivery phase [5]

Core Viewpoint - The company announced a significant increase in the investment for its AI computing high-end printed circuit board expansion project in Thailand, raising the total investment from 1.468 billion RMB to 3.315 billion RMB [1] Group 1: Project Details - The project will be funded through the company's own funds or self-raised funds [1] - The adjusted project will involve changes in construction scale, content, and timeline [1] - Upon reaching full production, the project is expected to have an annual design capacity of 166,500 square meters of printed circuit boards [1] Group 2: Application Areas - The products from this project will primarily be used in network communications, servers, and automotive electronics [1]

Core Viewpoint - The company, 超颖电子 (603175.SH), announced a significant increase in the investment amount for its AI computing power high-end printed circuit board expansion project, raising it from 1.468 billion RMB to 3.315 billion RMB [1] Group 1 - The investment amount for the expansion project has been adjusted from 1.468 billion RMB to 3.315 billion RMB [1]

证券代码：603175 证券简称：超颖电子 公告编号：2026-003 超颖电子电路股份有限公司 关于 AI 算力高阶印制电路板扩产项目变更的公告 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。 （三）建设地点：泰国巴真府 304 工业园，未变更。 重要内容提示： | 投资标的名称 | 算力高阶印制电路板扩产项目 | AI | | --- | --- | --- | | 投资金额 | 万元人民币或等值外币调整为 331,531.84 万元 | 由 146,779.75 | | | 人民币或等值外币（以相关政府主管部门批准金额为准） | | | 投资进展情况 | 完成 √交易要素变更 | 终止 | | | 1、本项目的投资建设主要受全球宏观环境、上游原材料价格波 | | | | 动、市场竞争加剧、海外投资等风险因素影响，未来新增产能 | | | | 和经济效益存在不确定性。 | | | 特别风险提示 | 2、本项目尚需向相关政府主管部门办理相关前置审批/核准/ | | | | 备案/登记工作，存在不确定性风险。 | | | ...