华勤技术：全资子公司拟参与投资私募股权投资基金 智通财经6月18日电，华勤技术(603296.SH)公告称，公司全资子公司上海摩勤智能技术有限公司拟作为 有限合伙人认缴出资2500万元人民币认购安徽高新元禾璞华私募股权投资基金合伙企业（有限合伙）二 期募集份额，占本次出资后安徽元禾认缴出资总额的1.61%。该基金主要投资于长三角区域内十大新兴 产业，重点关注半导体和智能制造等硬科技领域项目。 ...

Core Viewpoint - The automotive industry in China is at a critical juncture, facing challenges from intense competition and declining overall profitability despite the growth of domestic brands and the electric vehicle market [3][5][13]. Group 1: Industry Challenges and Decisions - The automotive industry is experiencing "involution" or excessive competition, leading to a widening gap in profit margins compared to the average profit margins of industrial enterprises [3][5]. - The forum emphasized the need for decisive actions to address the current challenges, with a focus on long-term strategies rather than short-term gains [5][8]. - The ten key decisions proposed for the Chinese automotive industry include: 1. Consensus against involution 2. Legal regulation to ensure order 3. Safety as a fundamental requirement 4. Exceeding user expectations 5. AI empowerment in business operations 6. Collaboration over comprehensive solutions 7. The necessity of a harmonious ecosystem 8. Commitment to global localization 9. Recognition that new automotive development is just beginning 10. Building strong foundations for future leadership [9]. Group 2: Corporate Strategies and Innovations - Companies like GAC emphasize the importance of a robust supply chain as a strategic partner to ensure product safety and quality [11]. - Chery Motors is focusing on user engagement by connecting engineers directly with customers to better understand their needs [15]. - NIO is committed to long-term strategies, enhancing operational management while continuing to invest in technology and product experience [18]. - Lantu Motors highlights the importance of understanding industry essence and pursuing positive values in every decision made [21]. Group 3: Technological Advancements and Market Trends - The rapid iteration of intelligent driving technology is leading to a significant opportunity in the market, with expectations for L2 and above autonomous systems to exceed 60% penetration by 2025 [27]. - The focus on safety in intelligent driving systems is becoming paramount, with maps playing a crucial role in ensuring safety [29]. - The concept of "intelligent driving equity" is gaining traction, aiming to make advanced driving features standard across various vehicle models [33][41]. Group 4: Globalization and Market Expansion - The forum discussed the risks and strategies associated with overseas expansion, emphasizing the importance of understanding local cultures and regulations [51][63]. - Companies are encouraged to adopt a collaborative approach in international markets, creating value for local communities rather than merely competing [69]. - The need for a dual cultural integration strategy was highlighted, ensuring that both Chinese efficiency and local workplace norms are respected [73].

Investment Rating - The report assigns a "Buy" rating for the company, indicating an expected relative increase of over 15% compared to the CSI 300 index in the next six months [11][12]. Core Insights - The company reported a significant Q1 performance with revenue reaching 34.998 billion yuan, a year-on-year increase of 115.65%, and a net profit attributable to shareholders of 842 million yuan, up 39.04% year-on-year [3][4]. - The company's diversified product lines, particularly in high-performance computing and smart devices, have shown remarkable growth, with data business revenue exceeding 10 billion yuan in Q1 [3][4]. - The "3+N+3" strategic upgrade has effectively established a robust platform for smart products, enhancing the company's competitive edge in the global supply chain [4]. Financial Projections - Revenue projections for 2025, 2026, and 2027 are 1389.46 billion yuan, 1682.68 billion yuan, and 2007.76 billion yuan, respectively, with year-on-year growth rates of 26.45%, 21.10%, and 19.32% [4][6]. - Net profit forecasts for the same years are 37.06 billion yuan, 45.30 billion yuan, and 57.03 billion yuan, with growth rates of 26.66%, 22.23%, and 25.89% [4][6]. - The projected PE ratios for 2025, 2026, and 2027 are 19X, 16X, and 13X, respectively [4].

证券代码：603296 证券简称：华勤技术 公告编号：2025-054 华勤技术股份有限公司 关于签订募集资金专户存储四方监管协议的公告 公司分别于 2025 年 4 月 23 日、2025 年 5 月 14 日召开第二届董事会第十五 次会议、2024 年年度股东大会，审议通过了《关于变更部分募集资金用途、取 消使用部分超募资金永久补充流动资金、使用超募资金投资建设新项目的议案》， 同意公司对"瑞勤科技消费类电子智能终端制造项目"变更部分募集资金用途，并 将该部分募集资金用于新建募投项目"南昌二期智能终端技术研发与产线改造升 级项目"，并安排实施主体全资子公司南昌勤胜电子科技有限公司和南昌逸勤科 技有限公司新增设立募集资金专项账户；同意公司取消使用部分超募资金永久补 充流动资金，并使用超募资金投资建设新项目"汽车电子研发及产业化项目"，并 1 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、募集资金基本情况 根据中国证券监督管理委员会于2023年6月20日出具的《关于同意华勤技术 股份有限公司首次公开发行股票注册的批复》（ ...

Core Viewpoint - The company is conducting a differentiated equity distribution and special ex-rights and ex-dividend matters for its 2024 profit distribution plan, which includes a cash dividend of 9 yuan per 10 shares, totaling approximately 911.63 million yuan (including tax) [1][2][3]. Group 1: Differentiated Equity Distribution - The reason for the differentiated equity distribution is linked to the company's share repurchase plan, which has been completed with a total of 5,556,054 shares repurchased [1]. - The company plans to distribute cash dividends based on the total share capital after deducting the shares held in the repurchase account, maintaining a distribution ratio of 9 yuan per 10 shares [2][3]. - The total cash dividend to be distributed is 911,630,468.70 yuan (including tax), with the final amount subject to adjustments based on the actual share capital at the time of the distribution [2][3]. Group 2: Ex-rights and Ex-dividend Calculations - The ex-rights and ex-dividend reference price is calculated using the formula: (previous closing price - cash dividend) / (1 + change in circulating shares ratio) [3][4]. - The virtual cash dividend per share is calculated as (total shares participating in distribution × actual cash dividend per share) / total share capital, resulting in approximately 0.8974 yuan per share [4]. - The impact of the differentiated distribution on the ex-rights and ex-dividend reference price is minimal, with an absolute value impact of less than 1% [4]. Group 3: Regulatory Compliance - The sponsor institution confirms that the differentiated equity distribution complies with relevant laws and regulations, ensuring no harm to the interests of the company and its shareholders [5].

Core Points - The company announced a cash dividend of 0.9 CNY per share for its A shares [1][4] - The total cash dividend distribution amounts to approximately 911.63 million CNY (including tax) [4] - The dividend distribution plan was approved at the annual shareholders' meeting on May 14, 2025 [3][4] Dividend Distribution Details - The record date for shareholders is June 5, 2025, with the ex-dividend date also on June 6, 2025 [3][5] - The company has a total share capital of 1,015,890,620 shares, with 2,967,877 shares in the repurchase account excluded from the distribution [4] - The cash dividend will be distributed to shareholders registered with the China Securities Depository and Clearing Corporation Limited, Shanghai Branch [4][5] Taxation Information - For individual shareholders holding unrestricted shares, the tax rate is 20% for holdings of 1 month or less, 10% for holdings between 1 month and 1 year, and exempt for holdings over 1 year [6] - The actual cash dividend received by individual and institutional investors after tax will be 0.81 CNY per share for certain categories of shareholders [7][8] - The company will not withhold taxes for other institutional investors, who will receive the full cash dividend of 0.90 CNY per share [8]

中国国际金融股份有限公司 关于华勤技术股份有限公司 差异化权益分派特殊除权除息事项的核查意见 中国国际金融股份有限公司（以下简称"中金公司""保荐机构"）作为华勤技 术股份有限公司（以下简称"华勤技术"或"公司"）首次公开发行股票并在上海证 券交易所主板上市的持续督导机构，根据《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》"）《证券发 行上市保荐业务管理办法》《上市公司股份回购规则》《上海证券交易所上市公司自 律监管指引第 7 号--回购股份》等有关法律、法规的规定及《华勤技术股份有限公司章 程》（以下简称"《公司章程》"）就公司 2024 年度利润分配所涉及的差异化权益分 派特殊除权除息（以下简称"本次差异化权益分派"）相关事项进行了审慎核查，并 出具核查意见如下： 一、 本次差异化权益分派的原因 完成后，目前有2,967,877股存放于华勤技术股份有限公司回购专用证券账户内。 2025年5月14日，公司召开2024年年度股东大会，审议通过了《关于2024年度利润 分配预案的议案》，公司拟以权益分派实施股权登记日的总股本（扣减公司回购账户 股份数量）为基数 ...

证券代码：603296 证券简称：华勤技术 公告编号：2025-053 华勤技术股份有限公司2024年年度权益分派实施公告 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： 每股分配比例 A 股每股现金红利0.9元 相关日期 | 股份类别 | 股权登记日 | 最后交易日 | 除权（息）日 | 现金红利发放 日 | | --- | --- | --- | --- | --- | | Ａ股 | 2025/6/5 | － | 2025/6/6 | 2025/6/6 | 差异化分红送转： 是 一、 通过分配方案的股东大会届次和日期 本次利润分配方案经公司2025 年 5 月 14 日的2024年年度股东大会审议通过。 二、 分配方案 1. 发放年度：2024年年度 2. 分派对象： 截至股权登记日下午上海证券交易所收市后，在中国证券登记结算有限责任 公司上海分公司（以下简称"中国结算上海分公司"）登记在册的本公司全体股东。 根据《上市公司股份回购规则》《上海证券交易所上市公司自律监管指引第 7 号——回购股份》等相关法律 ...

Investment Rating - The report does not provide a specific investment rating for Longcheer (603341.SS) but indicates a positive long-term growth outlook for the company [1][4]. Core Insights - Longcheer is positioned as a market leader in the smartphone ODM sector with a global market share of 33% in 2024, although margins are currently affected by rising raw material costs [4][8]. - The company is optimistic about new business segments, particularly AI glasses and automotive electronics, which are expected to drive future growth [1][8]. - Management anticipates a recovery in margins in 2025 as raw material prices normalize, despite a saturated smartphone market [4][8]. Summary by Sections Smartphone ODM Outlook - Longcheer's smartphone ODM business holds a 33% global market share as of 2024, reflecting its leadership position [4]. - Current margins are pressured by increased raw material costs, but a recovery is expected in 2025 as prices stabilize [4]. - The smartphone market is viewed as saturated, yet AI applications may provide avenues for growth [4][8]. Development of New Business - The AI glasses segment is expected to see increased demand in 2025, supported by new foundational models [8]. - The penetration rate for AI PCs is projected to rise, contributing to a product replacement cycle [8]. - Longcheer's smart cockpit products are in testing and have begun to enter local car OEMs, indicating growth potential in automotive electronics [8].

Investment Rating - The report does not provide a specific investment rating for Longcheer (603341.SS) as it is categorized as "Not Covered" [1]. Core Insights - Longcheer is optimistic about its long-term growth prospects, driven by market share expansion in PCs and new opportunities in AI glasses and smart cockpit technology [1][7]. - The smartphone ODM business holds a global market share of 33% as of 2024, with expectations for margin recovery in 2025 due to stabilizing raw material prices [4][7]. - The company is entering new business segments, including AI glasses and automotive electronics, which are expected to contribute to growth [7]. Summary by Relevant Sections Company Overview - Longcheer (603341.SS) was established in 2002 and has become a global leader in consumer electronics ODM, with a diverse product line including smartphones, PCs, tablets, smart wearables, and automotive electronics [3]. Smartphone ODM Outlook - The smartphone ODM business is projected to recover margins in 2025 as raw material prices normalize, despite a saturated market [4][7]. - AI applications are anticipated to support future market growth, alongside increasing penetration rates in smartphone ODM [4]. New Business Development - The AI glasses segment is expected to see positive demand driven by new foundational models, while the penetration of AI PCs is projected to rise, enhancing the product replacement cycle [7]. - Longcheer's smart cockpit products are currently in testing and have begun to enter several local car OEMs, indicating a promising growth trajectory [7].