证券代码：603202 证券简称：天有为 公告编号：2025-026 黑龙江天有为电子股份有限公司 对外投资设立子公司的公告 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。 重要内容提示： 投资标的名称：福建天有为电子科技有限公司（暂定名，具体以当地市 场监管局核准为准,以下简称"福建天有为"或"子公司"） 投资金额：福建天有为注册资本人民币 1,000 万元，其中黑龙江天有为 电子股份有限公司（以下简称"公司"或"天有为"）以自有资金出资 700 万元， 福建三锋投资集团有限公司（以下简称"三锋集团"）以自有资金出资 300 万元。 交易实施尚需履行的审批及其他相关程序：根据《上海证券交易所股票 上市规则》《黑龙江天有为电子股份有限公司章程》（以下简称"《公司章程》"） 及相关制度的规定，本次对外投资在公司总经理审批权限内，并已履行内部决策 程序，无需提交董事会、股东大会审议。 一、对外投资概述 根据《上海证券交易所股票上市规则》《公司章程》及相关制度的规定，本 次对外投资在公司总经理审批权限内，并已履行内部决策程序，无需提 ...

一、 召开会议的基本情况 (一)股东大会类型和届次 黑龙江天有为电子股份有限公司 关于召开2025年第二次临时股东大会的通知 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： 证券代码：603202 证券简称：天有为 公告编号：2025-027 2025年第二次临时股东大会 (二)股东大会召集人：董事会 (三)投票方式：本次股东大会所采用的表决方式是现场投票和网络投票相结合的 方式 (四)现场会议召开的日期、时间和地点 召开的日期时间：2025 年 10 月 20 日 14 点 30 分 召开地点：黑龙江省绥化市经济技术开发区昆山路 9 号 D26 会议室 (五)网络投票的系统、起止日期和投票时间。 网络投票系统：上海证券交易所股东大会网络投票系统 网络投票起止时间：自2025 年 10 月 20 日 股东大会召开日期：2025年10月20日 本次股东大会采用的网络投票系统：上海证券交易所股东大会网络投票 系统 至2025 年 10 月 20 日 采用上海证券交易所网络投票系统，通过交易系统投票平台的投票时间为股 ...

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。 一、董事会会议召开情况 黑龙江天有为电子股份有限公司（以下简称"公司"）第二届董事会第五次 会议于 2025 年 9 月 19 日在黑龙江省绥化市经济技术开发区昆山路 9 号公司会议 室以现场方式召开，会议通知于 2025 年 9 月 12 日以邮件、电话方式送达全体董 事。 本次会议由董事长王文博先生主持，应到董事 5 人，实到董事 5 人，公司部 分监事及高级管理人员列席了会议。会议的召集和召开符合《中华人民共和国公 司法》（以下简称"《公司法》"）等法律法规、规范性文件及《黑龙江天有为 电子股份有限公司章程》（以下简称"《公司章程》"）的相关规定。 二、董事会会议审议情况 （一）审议通过《关于取消监事会、修订<公司章程>并办理工商登记的议 案》 根据中国证监会及上海证券交易所最新修订的法律、法规及规范性文件，为 进一步提高公司规范运作水平，完善公司治理结构，结合自身实际情况，公司不 再设置监事会，由董事会审计委员会行使监事会的职权，并对《公司章程》的部 分条款进行了修订完善 ...

Core Viewpoint - The company plans to establish a joint venture with Sanfeng Group to enhance its market presence in the passenger vehicle sector, which aligns with its strategic development goals [1] Investment Details - The registered capital of the new subsidiary will be RMB 10 million, with the company contributing RMB 7 million and Sanfeng Group contributing RMB 3 million [1] Strategic Significance - The establishment of the subsidiary is expected to help the company expand its customer base in the passenger vehicle market, meet supply demands from vehicle manufacturers, and increase market share [1] - This investment is seen as a way to leverage the strengths of both shareholders to explore new customer opportunities and enhance overall competitiveness [1] - The initiative aligns with the company's globalization strategy and operational development needs [1]

Core Viewpoint - The company Tianyouwei (603202.SH) plans to establish a joint venture with Sanfeng Group to enhance its market presence in the passenger vehicle sector, which aligns with its strategic development goals [1] Investment Details - The registered capital of the new subsidiary will be RMB 10 million, with Tianyouwei contributing RMB 7 million and Sanfeng Group contributing RMB 3 million [1] - The investment aims to leverage the strengths of both shareholders to expand the customer base and improve market competitiveness [1] Strategic Significance - Establishing the subsidiary is expected to help meet the supply demands of vehicle manufacturers and increase the company's market share [1] - This move is in line with the company's globalization strategy and operational development needs, indicating a proactive approach to future growth [1]

Core Viewpoint - Tianyouwei (SH 603202) announced the convening of its second board meeting on September 19, 2025, to discuss the revision of the annual work system for the Board Audit Committee [1] Company Summary - For the fiscal year 2024, Tianyouwei's revenue composition is as follows: full LCD instrument panels account for 45.83%, dual-screen instruments for 36.78%, others for 7.18%, electronic combination instruments for 5.28%, and in-car infotainment systems for 4.21% [1] - As of the report date, Tianyouwei has a market capitalization of 16.2 billion yuan [1]

Core Viewpoint - Tianyouwei (603202.SH) plans to establish a joint venture with Sanfeng Group to enhance its market presence in the passenger vehicle sector, which aligns with its strategic development goals [1] Group 1: Joint Venture Details - The joint venture will have a registered capital of RMB 10 million, with Tianyouwei contributing RMB 7 million and Sanfeng Group contributing RMB 3 million [1] - The establishment of the subsidiary aims to expand customer reach in the passenger vehicle market and meet supply demands from original equipment manufacturers (OEMs) [1] Group 2: Strategic Implications - This initiative is expected to improve Tianyouwei's market share and strengthen its core competitiveness [1] - The move is in line with the company's overall market planning and future development needs, indicating a proactive approach to growth [1]

Core Viewpoint - The company plans to establish a joint venture with Sanfeng Group to create a subsidiary, Fujian Tianyouwei Electronic Technology Co., Ltd., with a registered capital of RMB 10 million [1] Group 1: Investment Details - Tianyouwei will invest RMB 7 million, holding a 70% stake, while Sanfeng Group will invest RMB 3 million for a 30% stake [1] - The initiative aims to expand the customer base in the passenger vehicle market and meet supply demands from original equipment manufacturers (OEMs) [1] Group 2: Strategic Objectives - The establishment of the subsidiary is intended to enhance the company's market share and strengthen its core competitiveness [1] - This move aligns with the company's development strategy [1] Group 3: Regulatory and Market Considerations - The establishment of the subsidiary is subject to relevant approval processes [1] - The company may face uncertainties due to macroeconomic conditions, industry policy changes, and market competition [1]

Summary of Key Points Core Viewpoint - The article discusses the issuance of new stocks in the market, highlighting the total amount raised by various companies and the distribution of these funds across different sectors and regions. Group 1: New Stock Issuance - Two new stocks were issued today, with Jianfa Zhixin issuing 63.19 million shares at an issue price of 7.05 yuan, raising 446 million yuan [1] - As of September 16, a total of 71 companies have gone public this year, raising a cumulative amount of 71.63 billion yuan, with an average fundraising of 1.02 billion yuan per company [1] Group 2: Fundraising Distribution - Among the 71 companies, 13 raised over 1 billion yuan, with one company exceeding 10 billion yuan, while 29 companies raised between 500 million and 1 billion yuan, and 28 companies raised less than 500 million yuan [1] - The distribution of new stock issuances by market segment includes 16 new stocks on the Shanghai Main Board raising 36.47 billion yuan, 8 on the Shenzhen Main Board raising 4.38 billion yuan, 26 on the ChiNext Board raising 18.88 billion yuan, 7 on the Sci-Tech Innovation Board raising 7.90 billion yuan, and 14 on the Beijing Stock Exchange raising 4.01 billion yuan [1] Group 3: Top Fundraising Companies - Huadian New Energy is the top fundraising company this year, raising 18.17 billion yuan primarily for wind and solar power projects, along with working capital [2] - Other notable companies include Zhongce Rubber, which raised 4.07 billion yuan for working capital and tire production projects, and Tianyouwei, which raised 3.74 billion yuan [2] Group 4: Pricing and Regional Distribution - The average issue price of new stocks this year is 21.72 yuan, with 4 companies issuing shares above 50 yuan, the highest being Tianyouwei at 93.50 yuan [2] - The majority of new stock issuances are concentrated in Jiangsu, Zhejiang, and Guangdong, with fundraising amounts led by Fujian, Jiangsu, and Zhejiang, raising 18.17 billion yuan, 12.50 billion yuan, and 10.23 billion yuan respectively [2]

Core Insights - The total IPO fundraising amount in A-shares has surpassed the total amount raised in the entire previous year, reaching 67.74 billion yuan as of September 14, 2023, with 68 new stocks issued this year [1] - The increase in IPO fundraising is attributed to several high-raising new stocks, with Huadian New Energy leading at 18.17 billion yuan, followed by Zhongce Rubber and Tianyouwei at 4.07 billion yuan and 3.74 billion yuan respectively [1] - The upcoming IPO of China Power Construction's subsidiary, which aims to raise 9 billion yuan, indicates the arrival of another large-scale new stock in the A-share market [1] IPO Trends - The pace of new stock issuance has accelerated since September, with five new stocks scheduled for issuance in one week, a frequency not seen since March [2] - September is projected to have a total of nine new stock issuances, potentially matching the highest monthly issuance in March, which had 14 new stocks [2] - The average issuance price-to-earnings (P/E) ratio for new stocks in the first eight months of the year is approximately 18.8 times, lower than the 21.7 times in 2024, indicating a decrease in P/E ratios for new listings [2] Policy Support - Regulatory support for IPOs in the technology sector is evident, with the China Securities Regulatory Commission (CSRC) promoting policies to facilitate the listing of unprofitable companies in emerging sectors such as artificial intelligence and commercial aerospace [2] - The capital market is increasingly focusing on innovative enterprises, with over 80% of this year's IPOs coming from emerging industries like electronics, power equipment, machinery, pharmaceuticals, and computers [3] - A northern brokerage executive anticipates an increase in the number of A-share IPOs compared to last year, with a potentially larger growth in fundraising scale, although the speed of IPO issuance is unlikely to return to the rapid levels seen two to three years ago [3]