Core Viewpoint - Huqin Technology (SH 603296) announced a board meeting on October 27, 2025, to discuss proposals including capital increase to affiliated companies [1] Group 1: Financial Performance - For the year 2024, Huqin Technology's revenue composition is as follows: High-performance computing accounts for 57.54%, smart terminals for 32.14%, other businesses for 4.65%, AIoT and others for 4.25%, and automotive and industrial products for 1.42% [1] Group 2: Market Capitalization - As of the report, Huqin Technology has a market capitalization of 99.3 billion yuan [1]

证券代码：603296 证券简称：华勤技术 公告编号：2025-100 华勤技术股份有限公司 关于对外担保的进展公告 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： 担保对象及基本情况 | | | | | 南昌华勤电子科技有限公司、东莞 | | --- | --- | --- | --- | --- | | | | 被担保人名称 | | 华贝电子科技有限公司等 家子公 16 | | 担 | 保 对 | | 司 | | | 象 | | 本次担保金额 | 亿元 165.16 | | | | | 实际为其提供的担保余额 | 300.98 亿元 | | | | | 是否在前期预计额度内 | 是 □否 | □不适用：_________ | | | | 本次担保是否有反担保 | □是 否 | □不适用：_________ | 累计担保情况 | 对外担保逾期的累计金额（亿元） | 0.00 | | --- | --- | | 截至本公告日上市公司及其控股 子公司对外担保总额（亿元） | 311.24 | | 对外担保总额 ...

关于向参股公司增资暨关联交易的公告 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：光弘科技（投资）有限公司（以下简称"光弘投资"或"标 的公司"）。 华勤技术股份有限公司 投资金额：华勤技术股份有限公司（以下简称"华勤技术"或"公司"）全 资子公司拓印科技香港有限公司（以下简称"拓印科技"）拟与广东领益智造股份 有限公司（以下简称"领益智造"）、惠州光弘科技股份有限公司（以下简称"光弘 科技"）签署《投资合作协议之补充协议二》，约定向参股公司光弘投资同比例追 加投资，并由光弘投资以增资方式将本次追加的投资额投向其全资子公司光弘 （越南）科技有限公司（DBG Technology (Vietnam) Co., Ltd.，以下简称"越南光 弘"）（以下简称"本次交易"或"本次增资"）。本次增资总金额为 4,500 万美元，拓 印科技按持股比例拟出资金额为 1,102.5 万美元，本次增资完成后拓印科技持股 比例仍保持 24.50%。光弘投资仍为公司参股公司，本次交易不会导致公司合并 报表范围变更。 ...

（一）审议通过《关于公司2025年第三季度报告的议案》 本议案已经公司董事会审计与风险管理委员会审议通过，同意提交董事会审 议。 表决结果：同意9票，反对0票，弃权0票。 详见公司于同日在上海证券交易所网站（http://www.sse.com.cn）披露的《华 勤技术2025年第三季度报告》全文。 华勤技术股份有限公司 第二届董事会第二十次会议决议公告 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。 一、董事会会议召开情况 华勤技术股份有限公司（以下简称"华勤技术"或"公司"）于2025年10 月27日以现场和视频通讯相结合的方式召开第二届董事会第二十次会议，本次会 议的通知于2025年10月21日以电子邮件方式发出。会议应出席董事9人，实际出 席会议董事9人，本次会议由董事长邱文生先生主持。本次会议的召集、召开及 表决程序符合有关法律、行政法规、部门规章、规范性文件及《华勤技术股份有 限公司章程》的规定，表决形成的决议合法、有效。 二、董事会会议审议情况 证券代码：603296 证券简称：华勤技术 公告编号：2025-09 ...

华勤技术10月27日公告，公司发布2025年第三季度报告，第三季度营收为449.43亿元，同比增长 22.75%；净利润为12.10亿元，同比增长59.46%。前三季度营收为1288.82亿元，同比增长69.56%；净利 润为30.99亿元，同比增长51.17%。业绩增长主要系本期业务规模扩大，带动营业收入及利润上升所 致。 ...

Core Insights - The company reported Q3 2025 revenue of 44.943 billion yuan, representing a year-on-year growth of 22.75% [1] - The net profit for Q3 2025 was 1.210 billion yuan, showing a significant increase of 59.46% year-on-year [1] - For the first three quarters of 2025, the total revenue reached 128.882 billion yuan, marking a substantial year-on-year growth of 69.56% [1] - The net profit for the first three quarters was 3.099 billion yuan, which is a year-on-year increase of 51.17% [1]

中国国际金融股份有限公司 关于华勤技术股份有限公司 向参股公司增资暨关联交易的核查意见 中国国际金融股份有限公司（以下简称"保荐机构"）作为华勤技术股份有 限公司（以下简称"华勤技术""公司"）首次公开发行股票并在主板上市及持 续督导的保荐机构，根据《证券发行上市保荐业务管理办法》《上海证券交易所 股票上市规则》《上海证券交易所上市公司自律监管指引第11号——持续督导》 等有关法律法规和规范性文件的要求，对华勤技术向参股公司增资暨关联交易的 事项进行了核查，并出具核查意见如下： 一、本次增资暨关联交易情况概述 （一）本次增资暨关联交易的基本概况 1、本次交易概况 为满足公司间接参股公司光弘（越南）科技有限公司（DBG Technology (Vietnam) Co., Ltd.，以下简称"越南光弘"）AI终端硬件相关业务的发展需要， 公司全资子公司拓印科技香港有限公司（以下简称"拓印科技"）拟与广东领益 智造股份有限公司（以下简称"领益智造"）及惠州光弘科技股份有限公司（以 下简称"光弘科技"）签署《投资合作协议之补充协议二》，约定向参股公司光 弘科技（投资）有限公司（以下简称"光弘投资"或"标的公司"）同比 ...

Financial Performance - The company's operating revenue for Q3 2025 reached ¥44,942,628,952.98, representing a year-on-year increase of 22.75%[5] - Total profit for the quarter was ¥1,307,495,672.07, reflecting a significant increase of 75.94% compared to the same period last year[5] - Net profit attributable to shareholders was ¥1,209,593,204.97, up 59.46% year-on-year[5] - The basic earnings per share for the quarter was ¥1.20, an increase of 60.00% compared to the same period last year[6] - Total operating revenue for the first three quarters of 2025 reached ¥128.88 billion, a significant increase of 69.5% compared to ¥76.01 billion in the same period of 2024[21] - Net profit for the first three quarters of 2025 was ¥3.12 billion, representing a 53.3% increase from ¥2.03 billion in 2024[22] - Basic and diluted earnings per share for the first three quarters of 2025 were both ¥3.07, compared to ¥2.02 in the previous year, reflecting a 52.0% increase[23] Assets and Liabilities - The total assets of the company at the end of the quarter amounted to ¥102,758,614,697.67, marking a 34.68% increase from the end of the previous year[6] - As of September 30, 2025, the total current assets amounted to RMB 78.64 billion, an increase from RMB 56.22 billion as of December 31, 2024, representing a growth of approximately 39.8%[16] - The total non-current assets were RMB 30.67 billion, compared to RMB 22.29 billion at the end of 2024, marking an increase of around 37.8%[17] - Total liabilities increased to ¥77.37 billion, up 44.9% from ¥53.37 billion year-over-year[19] - The company reported a significant increase in accounts payable, which rose to ¥39.38 billion, compared to ¥29.23 billion in the previous year, reflecting a 35.0% increase[19] Cash Flow - The net cash flow from operating activities for the year-to-date was negative at -¥826,826,265.60, a decline of 172.57%[6] - Operating cash inflow for the first three quarters of 2025 reached ¥132.15 billion, a significant increase of 68.9% compared to ¥78.22 billion in the same period of 2024[25] - Net cash flow from operating activities was negative at -¥826.83 million, contrasting with a positive cash flow of ¥1.14 billion in the first three quarters of 2024[25] - Total cash outflow from investing activities was ¥12.15 billion, up from ¥9.52 billion in the previous year, resulting in a net cash flow from investing activities of -¥5.25 billion, compared to -¥1.22 billion in 2024[25] - Cash received from sales of goods and services was ¥126.41 billion, compared to ¥73.63 billion in the same period last year, indicating a growth of 71.7%[25] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 46,681[11] - The largest shareholder, Shanghai Aoqin Information Technology Co., Ltd., holds 321,300,000 shares, accounting for 31.63% of the total shares[12] - Shareholders' equity reached ¥25.38 billion, a 10.1% increase from ¥22.92 billion in the previous year[19] Research and Development - Research and development expenses increased to ¥4.62 billion, up 23.6% from ¥3.74 billion in the same period last year[22] Strategic Initiatives - The company has not reported any significant changes in the shareholder structure or any new strategic initiatives during the reporting period[14] - There were no updates on new product developments or technological advancements mentioned in the conference call[15] - The company did not provide specific guidance for future performance or market expansion strategies during the call[15] Accounting Standards - The company did not apply new accounting standards for the first time in 2025[27]

Core Insights - The company reported a revenue of 44.943 billion yuan for Q3 2025, representing a year-on-year increase of 22.75% [1] - The net profit for Q3 2025 was 1.210 billion yuan, showing a year-on-year growth of 59.46% [1] - For the first three quarters of 2025, the total revenue reached 128.882 billion yuan, with a year-on-year increase of 69.56% [1] - The net profit for the first three quarters was 3.099 billion yuan, reflecting a year-on-year growth of 51.17% [1] - The growth in performance is primarily attributed to the expansion of business scale, which has driven an increase in both revenue and profit [1]

Core Insights - Global smartphone shipments are expected to grow by 2% year-on-year in the first half of 2025, with outsourced design orders increasing by 7% [1] - ODM-designed smartphones accounted for 43% of total global shipments, marking the highest level since 2019 [1] Group 1: Industry Trends - The ODM sector is undergoing a restructuring phase, with major players like Huaqin Technology and Longcheer Technology maintaining strong positions [3] - Lixun Precision has acquired assets from Wistron Technology, indicating a trend of mergers and acquisitions within the industry [2][3] - ODM firms are shifting from "scale manufacturing" to "value creation," reflecting a broader industry transformation [3] Group 2: Business Diversification - ODM companies are actively expanding into new business areas such as customized products, LED, and AIoT to mitigate competitive pressures [4] - The rise of 5G and innovations in foldable screens are increasing the demand for advanced technical and design capabilities among ODMs [4] - Companies like Lixun Precision and Longcheer Technology are also venturing into smart automotive, wearables, and robotics, showcasing a strategic shift towards higher growth sectors [5] Group 3: Future Outlook - Analysts predict that smartphone manufacturers will continue to increase outsourcing, providing growth opportunities for ODMs in the coming years [6] - The next three years are seen as a critical period for the transformation and upgrading of the ODM industry [6] - The ability of leading firms to establish a second growth curve in automotive electronics, AIoT, and robotics will shape the competitive landscape [6]