深圳市景旺电子股份有限公司 简式权益变动报告书 上市公司名称：深圳市景旺电子股份有限公司 信息披露义务人一：深圳市景鸿永泰投资控股有限公司 住所/通讯地址：深圳市光明区凤凰街道东坑社区光源三路 158 号景旺电子大厦 13 层 信息披露义务人二： 智创投资有限公司 住所/通讯地址：香港九龙观塘成业街 7 号宁晋中心 18 楼 B1 室 信息披露义务人三： 深圳市奕兆投资合伙企业（有限合伙） 住所/通讯地址： 深圳市南山区粤海街道海珠社区海德三道 195 号天利中央商务 广场（二期）C2305 信息披露义务人四：刘绍柏 住所/通讯地址：深圳市光明区凤凰街道东坑社区光源三路 158 号景旺电子大厦 上市地点：上海证券交易所 股票简称：景旺电子 股票代码：603228 深圳市景旺电子股份有限公司 简式权益变动报告书 信息披露义务人五： 黄小芬 住所/通讯地址：深圳市光明区凤凰街道东坑社区光源三路 158 号景旺电子大厦 权益变动性质：减持股份，被动稀释 签署日期：2025 年 7 月 4 日 深圳市景旺电子股份有限公司 简式权益变动报告书 信息披露义务人声明 本部分所述词语或简称与本报告书"释义"所述词语或简称具有 ...

景旺电子（603228）公告，公司控股股东景鸿永泰、智创投资、实际控制人刘绍柏、黄小芬计划自2025 年6月16日至2025年9月15日，通过集中竞价和大宗交易方式合计减持公司股份934.95万股，占公司总股 本1%。截至2025年7月4日，景鸿永泰、智创投资、刘绍柏、黄小芬合计持有公司股份5.63亿股，占公 司总股本60.00%。本次减持计划尚未实施完毕，未来12个月内，信息披露义务人将根据市场情况继续 减持股份。 ...

Core Viewpoint - The A-share computing hardware sector is experiencing strong performance, driven by the rapid development of artificial intelligence technology and positive market expectations from overseas markets like Nvidia [1][2]. Group 1: Market Performance - The A-share computing hardware sector has shown robust performance, with companies like Huadian and Jingwang Electronics reaching historical highs [1]. - Yihua New Materials' stock surged over 10%, while Jin'an Guoji successfully hit the daily limit [1]. - Several other stocks, including Aoshikang and Dongcai Technology, also recorded gains exceeding 5% [1]. Group 2: Industry Drivers - The computing hardware industry is benefiting from the rapid growth of AI technology, with PCB playing a crucial role in AI servers and high-performance computing systems [1]. - The demand for high-end PCBs is surging, leading to increased demand for upstream high-end materials, creating a supply-demand imbalance [1]. Group 3: Supply Chain Dynamics - There is a growing scarcity of high-layer and high-density interconnect (HDI) capacity, as well as a shortage of high-end material supply in the industry chain [1]. - This supply-demand imbalance presents opportunities for related companies to achieve explosive growth in performance [1]. Group 4: Infrastructure Demand - The demand for computing infrastructure is continuously increasing, with leading domestic and international manufacturers ramping up efforts to meet the surging demand for computing power [2]. - The ASIC market's growth expectations are being continuously revised upward, supporting the high prosperity of the PCB industry chain [2].

Group 1 - The core viewpoint of the article highlights the active performance of computing hardware stocks, particularly PCB and copper cable high-speed connection sectors, with companies like Huadian Co. and Jingwang Electronics reaching historical highs [1] - Huadian Co. and Jingwang Electronics both achieved record highs in their stock prices, indicating strong market interest and investor confidence in the computing hardware sector [1] - Other companies in the sector, such as Yihua New Materials, Jin'an Guoji, Aoshikang, Dongcai Technology, Zhongyi Technology, Shenyu Co., and Wolong Nuclear Materials, also experienced significant stock price increases, with some rising over 5% [1] Group 2 - The news mentions that Nvidia's stock reached a new historical high in the US market, which may have contributed to the positive sentiment in the computing hardware sector [1]

Core Viewpoint - The PCB concept stocks are experiencing significant activity, with companies like Yihau New Materials, Huadian Co., and Jingwang Electronics reaching new highs, indicating a bullish trend in the market [1] Group 1: Market Dynamics - The M8 PCB market space for AI servers and switches is projected to be between 50-60 billion by 2026, according to Tianfeng Securities [1] - Major global manufacturers are intensifying their infrastructure development to meet the surging demand for inference computing power, which is driving the growth of the PCB industry [1] Group 2: Company Performance - Yihau New Materials (301176), Huadian Co. (002463), and Jingwang Electronics (603228) have all achieved new record highs in stock performance [1] - Jin'an Guoji (002636) has seen a consecutive two-day stock increase, while Aoshikang (002913) and Zhongyi Technology (301150) are also experiencing upward trends [1] Group 3: Investment Trends - There is a notable influx of dark pool funds into these stocks, suggesting increased investor interest and confidence in the PCB sector [1]

Group 1 - The PCB concept has seen a continuous rise, with stocks such as Fangzheng Technology hitting the daily limit [1] - Other companies like Jin'an Guoji, Bomin Electronics, and Dongshan Precision also reached their daily limit, while Jinlu Electronics, Pengding Holdings, Jingwang Electronics, Shenzhen South Circuit, and Aoshikang increased by over 6% [1] - According to a report from Tianfeng Securities, the market space for M8 PCB boards corresponding to AI servers and switches is estimated to be between 50-60 billion by 2026 [1]

Core Viewpoint - The announcement provides an update on the conversion results of the "Jing 23 Convertible Bonds" and the changes in the company's shareholding structure as of June 30, 2025 [1] Group 1: Conversion Status - As of June 30, 2025, a total of RMB 53,771,000 of "Jing 23 Convertible Bonds" has been converted into A-shares, resulting in 2,234,660 shares, which represents 0.2654% of the total shares before conversion [2][6] - The remaining balance of unconverted "Jing 23 Convertible Bonds" is RMB 1,100,229,000, accounting for 95.34% of the total issuance [2][6] Group 2: Issuance and Trading Information - The "Jing 23 Convertible Bonds" were issued on April 4, 2023, with a total of 11.54 million bonds at a face value of RMB 100 each, raising a total of RMB 115,400,000, with a maturity of 6 years [3] - The bonds were listed for trading on May 9, 2023, and can be converted into A-shares starting from October 11, 2023, with an initial conversion price of RMB 25.71 per share, which has been adjusted to RMB 23.91 per share as of the latest update [3][4] Group 3: Shareholding Changes - From April 1 to June 30, 2025, the controlling shareholder and its concerted parties reduced their holdings by 18,946,300 shares, decreasing their ownership from 62.96% to 60.82% [6]

| 证券代码：603228 | 证券简称：景旺电子 | 公告编号：2025-067 | | --- | --- | --- | | 债券代码：113669 | 债券简称：景 转债 23 | | 深圳市景旺电子股份有限公司 关于"景 23 转债"转股结果暨股份变动公告 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。 ● 本季度转股情况：自 2025 年 4 月 1 日至 2025 年 6 月 30 日，共有人民 币 43,407,000 元"景 23 转债"转换为公司 A 股股票，转股数量为 1,815,310 股。 一、"景 23 转债"发行上市情况 经中国证券监督管理委员会《关于核准深圳市景旺电子股份有限公司公开发 行可转换公司债券的批复》（证监许可[2023]127号）核准，公司于2023年4月4日 向社会公众公开发行可转换公司债券（以下简称"景23转债"）1,154.00万张，每 张面值100元，募集资金总额为人民币115,400.00万元，期限6年。经上海证券交 易所自律监管决定书（[2023]95号）文同意，"景23 ...

New Stock Issuance - The new stock "同宇新材" (code: 301630) is listed at an issuance price of 84.00[1] - "信通电子" (code: 001388) has an issuance price of 16.42[1] Rights Issues and Announcements - "济川药业" (code: 600566) has a tender offer period from June 18, 2025, to July 17, 2025[1] - "中程退" (code: 300208) has 13 trading days remaining until the last trading day[1] - "退市锦港" (code: 600190) also has 13 trading days remaining until the last trading day[1] - "恒立退" (code: 000622) has 10 trading days remaining until the last trading day[1] Abnormal Fluctuations - "浙江东日" (code: 600113) reported severe abnormal fluctuations[1] - "汇金股份" (code: 300368) is noted for abnormal fluctuations[3]

Core Viewpoint - Shenzhen Jingwang Electronics Co., Ltd. has experienced significant stock price fluctuations, with a cumulative increase exceeding 20% over three consecutive trading days, prompting a warning for investors to exercise caution in their investment decisions [1][2]. Company Overview - The company specializes in the research, development, production, and sales of PCBs (Printed Circuit Boards), including multi-layer boards, thick copper boards, high-frequency and high-speed boards, metal-based circuit boards, double-sided/multi-layer flexible circuit boards, high-density flexible circuit boards, HDI boards, rigid-flex boards, special material PCBs, carrier boards, and packaging substrates [1]. - Its products are widely used in various sectors such as automotive, next-generation communication technology, data centers, AIoT, consumer electronics, industrial interconnect, medical devices, new energy, and satellite communication [1]. Stock Performance - The stock price of the company reached a new high on June 30, 2025, following a significant short-term increase, which has raised concerns about potential investment risks [1]. - The company's recent trading volume has significantly exceeded previous levels, indicating heightened market activity [3]. Shareholder Actions - The controlling shareholder, Jinghong Yongtai Investment Holdings Co., Ltd., along with other related parties, has announced a plan to reduce their holdings by a total of 29.49 million shares, which is up to 3% of the company's total share capital, through both centralized bidding and block trading methods [3][4]. - As of the announcement date, the reduction plan is currently in progress, with a portion of shares already sold in accordance with the disclosed plan [4]. Regulatory Compliance - The company has confirmed that there are no undisclosed matters that should be reported according to the regulations of the Shanghai Stock Exchange [5].