Group 1 - The core point of the news is that Jingwang Electronics experienced a stock price increase of 5.02%, reaching 62.98 CNY per share, with a trading volume of 1.376 billion CNY and a turnover rate of 2.29%, resulting in a total market capitalization of 62.022 billion CNY [1] - Jingwang Electronics, established on March 9, 1993, and listed on January 6, 2017, specializes in the research, production, and sales of printed circuit boards, with 94.67% of its revenue coming from this main business and 5.33% from other supplementary activities [1] Group 2 - According to data from the top ten holdings of funds, Guodu Securities has a fund that heavily invests in Jingwang Electronics, with Guodu Innovation Driven (002020) holding 6,700 shares, accounting for 2.87% of the fund's net value, making it the second-largest holding [2] - Guodu Innovation Driven (002020) was established on December 28, 2015, with a latest scale of 9.7781 million CNY, achieving a year-to-date return of 26.04% and a one-year return of 8.52% [2] - The fund managers of Guodu Innovation Driven include Liao Xiaodong, Zhang Xiaolei, and Wang Yi, with varying tenures and performance records [2]

Group 1 - The CPO concept stocks in the A-share market experienced a decline, with several companies seeing significant drops in their stock prices [1] - Companies such as Huilv Ecology, Tianfu Communication, Changfei Fiber, and Shijia Photon fell over 7% [1] - Other companies like Cambridge Technology and Xinyisheng dropped more than 5%, while Huaten Technology, Huagong Technology, Changxin Bochuang, Liante Technology, and Fenghuo Communication fell over 4% [1] Group 2 - Additional companies including Guangxun Technology, Jingwang Electronics, Ruijie Network, Zhongji Xuchuang, and Taicheng Light saw declines of over 3% [1]

Core Points - The company has completed the registration of changes in its registered capital and the amendment of its Articles of Association [1][2] - The company held multiple board meetings and a shareholders' meeting to approve the changes [2] Group 1 - The company held the 23rd, 26th, and 29th meetings of the fourth board on August 29, 2024, February 26, 2025, and May 26, 2025, respectively, to approve the change in registered capital and amend the Articles of Association [1] - The company held the 32nd meeting of the fourth board on July 28, 2025, and the second extraordinary shareholders' meeting on August 13, 2025, to further approve the changes [2] - The company has received the registration notice from the Shenzhen Market Supervision Administration confirming the completion of the registration procedures [2]

深圳市景旺电子股份有限公司 证券代码：603228 证券简称：景旺电子 公告编号：2025-118 深圳市景旺电子股份有限公司董事会 关于完成工商变更登记的公告 2025 年 10 月 23 日 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。 深圳市景旺电子股份有限公司（以下简称"公司"）分别于 2024 年 8 月 29 日、2025 年 2 月 26 日、2025 年 5 月 26 日召开第四届董事会第二十三次会议、 第四届董事会第二十六次会议、第四届董事会第二十九次会议，审议通过了《关 于变更注册资本并修订<公司章程>的议案》，同意变更公司注册资本、修订《公 司章程》并授权相关人员办理相关工商变更登记手续。详细内容见公司分别于 2024 年 8 月 31 日、2025 年 2 月 27 日、2025 年 5 月 27 日披露在上海证券交易 所网站（http://www.sse.com.cn）上的相关公告。 | 变更项目 | 变更前 | | 变更后 | | --- | --- | --- | --- | | 无限售条件流通 ...

景旺电子公告称，公司此前多次会议审议通过变更注册资本、修订《公司章程》等议案。近日，公司完 成相关工商变更登记及《公司章程》备案手续。变更后，无限售条件流通股从841,873,926增至 975,722,497，限售条件流通股新增9,061,640，注册资本总额从841,873,926增至984,784,137，约合9.85亿 元。 ...

Core Viewpoint - Jingwang Electronics experienced a 5.11% increase in stock price, reaching 62.13 CNY per share, with a trading volume of 2.211 billion CNY and a turnover rate of 3.72%, resulting in a total market capitalization of 61.185 billion CNY [1] Company Overview - Shenzhen Jingwang Electronics Co., Ltd. is located in the Guangming District of Shenzhen, Guangdong Province, and was established on March 9, 1993. The company went public on January 6, 2017 [1] - The main business involves the research, development, production, and sales of printed circuit boards (PCBs), with PCB sales accounting for 94.67% of total revenue and other supplementary products making up 5.33% [1] Fund Holdings - According to data from the top ten holdings of funds, one fund under Xinghe Fund has a significant position in Jingwang Electronics. The Xinghe Advanced Manufacturing Mixed Fund A (018876) held 40,000 shares in the second quarter, representing 3.42% of the fund's net value, ranking as the eighth largest holding [2] - The Xinghe Advanced Manufacturing Mixed Fund A was established on August 8, 2023, with a latest scale of 23.9524 million CNY. The fund has achieved a year-to-date return of 52.51%, ranking 540 out of 8162 in its category, and a one-year return of 64.24%, ranking 261 out of 8024 [2] - The fund manager, Liang Chenxing, has been in the position for 2 years and 76 days, with total assets under management of 55.4064 million CNY. The best fund return during his tenure is 82.76%, while the worst is 11.64% [2]

每经AI快讯，CPO等算力硬件股午后走强，新易盛、中际旭创涨超10%，天孚通信、工业富联涨超 6%，胜宏科技、景旺电子涨超5%。 （文章来源：每日经济新闻） ...

南方财经10月21日电，CPO等算力硬件股午后走强，新易盛、中际旭创涨超10%，天孚通信、工业富联 涨超6%，胜宏科技、景旺电子涨超5%。 ...

Core Insights - The electronic components sector experienced a slight increase of 1.45% as of the morning of October 21, with several leading stocks showing significant gains [1] Group 1: Stock Performance - Leading stocks in the electronic components sector include Shenghong Technology, Dongshan Precision, and Pengding Holdings, which all rose over 3% [1] - Huagong Technology increased by over 2%, while other stocks like Shenzhen South Circuit and Hude Electric also saw gains exceeding 1% [1] - The top ten electronic component stocks by market capitalization include Shenghong Technology (231.3 billion), Huichuan Technology (212.8 billion), and Shengyi Technology (137.9 billion) [2] Group 2: Capital Flow - The top three stocks with net inflow of main funds are Shannon Chip, Jingwang Electronics, and Pengding Holdings, with inflows of 159 million, 125 million, and 52.216 million respectively [3]

Core Viewpoint - The CPO concept has experienced a resurgence, leading to a "limit-up" trend in related stocks, driven by breakthroughs in domestic GPU technology and strong demand for AI computing power [1][3]. Group 1: CPO Concept and Stock Performance - The CPO sector has seen significant investment interest, with stocks like Yuanjie Technology hitting a 20% limit-up, and other companies such as Huilv Ecology and Cambridge Technology also reaching their limits [2][3]. - By the end of the trading day, Yuanjie Technology led with a 14.49% increase, while several other stocks in the sector showed substantial gains, indicating a strong market sentiment [2][3]. Group 2: Domestic GPU Breakthroughs - Domestic GPU advancements are a key factor in the CPO surge, with Muxi Co. successfully overcoming technical barriers in high-performance GPU chip development, positioning itself as a leader in the field [3]. - Muxi's new flagship GPU, the Xiyun C600, integrates large-capacity storage and mixed-precision computing capabilities, enhancing its performance for AI model training [3]. Group 3: Financial Performance of Key Companies - Cambrian's third-quarter report revealed a revenue of 1.727 billion yuan, a year-on-year increase of 1333%, and a net profit of 567 million yuan, marking a significant turnaround from losses in the previous year [3][4]. - Cambrian's strong performance has positively influenced its stock, which saw a nearly 7% increase during trading [4]. Group 4: Market Outlook and Demand Trends - The CPO sector is expected to maintain high growth due to increasing AI computing power demands, with significant adjustments in procurement plans from overseas clients [5]. - The light module market is experiencing rapid growth driven by technological advancements and increasing demand, with leading companies expected to maintain strong profitability [5][6]. Group 5: Investment Recommendations - Institutions recommend focusing on leading companies with core technologies and scale advantages within the CPO industry, particularly in critical areas like optical chips and engines [6]. - The ongoing demand for high-speed optical modules is anticipated to benefit top-tier manufacturers, sustaining high growth rates in their performance [6].