Group 1 - The company announced the approval of the proposal to issue H-shares and list on the Hong Kong Stock Exchange to enhance its capital strength and international brand image [1][3] - The company aims to meet the needs of its international business development and advance its globalization strategy through this issuance [1] - The company was established in 2002 and operates in the smart product ODM industry, with major clients including Xiaomi, Samsung, Huawei, Lenovo, Honor, OPPO, vivo, and others [1] Group 2 - In 2024, the company achieved a revenue of 46.382 billion yuan, representing a year-on-year increase of 70.62%, while the net profit attributable to shareholders decreased by 17.21% to 0.501 billion yuan [2] - For the first quarter of 2025, the company reported a revenue of 9.378 billion yuan and a net profit of 0.154 billion yuan, showing a year-on-year increase of 20.3% [2]

Core Viewpoint - Longqi Technology plans to issue H-shares and list on the Hong Kong Stock Exchange to enhance its capital strength and global competitiveness, following its A-share IPO just one year ago [1][2][6] Group 1: Company Overview - Longqi Technology is an ODM manufacturer specializing in smart products, providing comprehensive services to leading global consumer electronics brands such as Xiaomi, Samsung, and Huawei [6] - The company has established manufacturing bases in Huizhou and Nanchang in China, and is expanding its production capabilities in Vietnam and India [8] Group 2: Financial Performance - In 2024, Longqi Technology reported revenue of 46.382 billion yuan, a year-on-year increase of 70.62%, but net profit decreased by 17.21% to 501 million yuan, indicating revenue growth without profit increase [1][7] - The company's overseas sales reached 14.709 billion yuan, a significant increase of 288.42%, accounting for approximately 31.7% of total revenue, although the gross margin was only 1.19%, down 9.7 percentage points [1][7] Group 3: IPO and Fund Utilization - Longqi Technology raised a total of 1.56 billion yuan through its A-share IPO, with a net amount of 1.44 billion yuan after expenses, which has been allocated to various projects including manufacturing and R&D [4] - As of the end of 2024, the investment progress of the IPO projects was approximately 78.6%, with specific projects showing varying levels of completion [4] Group 4: Market Trends - The trend of "A+H" listings has gained momentum since 2025, with over 20 companies planning to list in Hong Kong, indicating a growing interest in dual listings among Chinese firms [2][3]

Group 1 - Shouhui Group has officially launched its IPO, offering approximately 24.36 million shares at a price range of HKD 6.48 to HKD 8.08 per share, with a listing date expected on May 30 [1] - The funds raised from the IPO will be used for optimizing the sales network, R&D investment, and acquisitions, which will enhance the company's market competitiveness and business scale [1] Group 2 - Heng Rui Pharmaceutical's shares surged by 32.24% in the dark market, closing at HKD 58.25 after an initial offering price of HKD 44.05, indicating strong market confidence in its future [2] - The company reported a revenue of 27.985 billion yuan for 2024, a year-on-year increase of 22.63%, and a net profit of 6.337 billion yuan, up 47.28% from the previous year [2] Group 3 - Wei Hong Group Holdings expects a net loss of approximately 48.5 million Macanese Patacas for the fiscal year 2024, compared to a net loss of about 27.8 million Macanese Patacas in 2023, attributed to a decline in revenue [3] - The group's revenue for the reporting year is expected to be around 9.7 million Macanese Patacas, down from approximately 105.8 million Macanese Patacas in the previous year [3] Group 4 - Longqi Technology plans to issue H-shares and list on the Hong Kong Stock Exchange to enhance its capital strength and international brand image, supporting its global business development [4] - The issuance will be subject to approval from the shareholders' meeting and relevant government and regulatory bodies [4] Group 5 - The Hang Seng Index closed at 23,544.31, down 1.19%, while the Hang Seng Tech Index fell by 1.70% to 5,251.75 [5] - The Yuqi Index also decreased by 1.19%, closing at 8,557.64 [5]

Core Viewpoint - Longqi Technology plans to issue H-shares and list on the Hong Kong Stock Exchange to enhance its capital strength, competitiveness, and international brand image, while advancing its globalization strategy [1] Group 1: H-Share Issuance - Longqi Technology's board and supervisory board approved the proposal for issuing H-shares and listing on the Hong Kong Stock Exchange [1] - The issuance aims to meet the needs of the company's international business development and is subject to approval from relevant regulatory bodies [1] - The company is currently discussing the issuance with intermediary institutions, and specific details are yet to be determined [1] Group 2: Previous IPO Details - Longqi Technology was listed on the Shanghai Stock Exchange on March 1, 2024, with an issuance of 60 million shares, accounting for 12.90% of the total share capital post-issuance [2] - The issuance price was set at 26.00 yuan per share, raising a total of 156 million yuan, with a net amount of approximately 144.07 million yuan after expenses [2] - The funds raised are intended for various projects, including smart hardware manufacturing and operational capital [2] Group 3: Issuance Costs - The total issuance costs (excluding VAT) amounted to approximately 11.93 million yuan, with underwriting fees constituting about 8.38 million yuan [3]

Market Overview - On May 21, 2025, A-shares experienced a high-level fluctuation, with the Shanghai Composite Index rising by 0.21% to 3387.57 points, while the Shenzhen Component Index increased by 0.44% to 10294.22 points. The total trading volume in the Shanghai and Shenzhen markets was 11,735 billion yuan, an increase of 38 billion yuan from the previous trading day [1] - Hong Kong stocks also saw gains, with the Hang Seng Index rising by 0.62% to 23827.78 points and a total trading volume of 2162.54 billion HKD [1] - In contrast, U.S. stocks fell, with the S&P 500 Index dropping by 1.61% to 5844.61 points, marking the largest decline in a month [1] Company News - UBS expressed optimism about the Chinese stock market, highlighting that foreign capital inflow will be a significant trading logic in the coming quarters, with Hong Kong stocks slightly outperforming A-shares. The recent performance of IPOs in Hong Kong reflects overseas investors' recognition and interest in China's core assets, indicating more long-term capital will flow back into the Chinese stock market [3] - Baidu reported a first-quarter revenue of 32.452 billion yuan, a year-on-year increase of 3% from 31.513 billion yuan. The adjusted operating profit was 5.33 billion yuan, exceeding the forecast of 4.89 billion yuan. The adjusted EBITDA was 7.2 billion yuan (approximately 993 million USD), with an adjusted EBITDA margin of 22%. The core adjusted EBITDA was 6.7 billion yuan (approximately 925 million USD), with a margin of 26%. However, Baidu's non-GAAP net profit decreased by 8% year-on-year to 6.47 billion yuan. R&D expenses for the first quarter were 4.5 billion yuan (approximately 626 million USD), down 15% year-on-year due to reduced personnel-related costs [3] Industry Development - The China Computing Power Platform (Shanghai) and the Shanghai Computing Power Trading Platform were officially launched during the 2025 World Telecommunication and Information Society Day series of events. The platform aims to integrate computing power monitoring, supply-demand matching, dynamic scheduling, industrial ecosystem community, and computing power challenge actions, focusing on achieving five key objectives: a national "computing power resource ledger," a "one-stop" service system for computing power matching, a comprehensive "computing power scheduling network," a collaborative "computing power ecosystem," and a "computing power technology innovation list" to tackle core technologies [4]

Core Viewpoint - Longqi Technology plans to issue H-shares and list on the Hong Kong Stock Exchange to enhance capital strength, competitiveness, and international brand image [1] Group 1: Company Announcement - The issuance of H-shares requires approval from the shareholders' meeting and relevant government and regulatory agencies [1] - The company is currently discussing the issuance with intermediaries, and specific details are yet to be determined [1] - The success of the issuance is subject to significant uncertainty regarding approval processes [1] Group 2: Financial Performance - In 2024, the company achieved revenue of 46.382 billion yuan, a year-on-year increase of 70.62%, while net profit attributable to shareholders was 501 million yuan, a year-on-year decrease of 17.21% [2] - The first quarter of this year reported revenue of 9.38 billion yuan, a year-on-year decrease of 9.3%, and net profit of 154 million yuan, a year-on-year increase of 20.3% [2] - The company noted that the industry’s gross margin has experienced fluctuations but is expected to stabilize in the long term [2] Group 3: International Business Development - Globalization is a key strategy for the company, which is enhancing domestic and overseas manufacturing capabilities [2] - The company has manufacturing bases in Huizhou and Nanchang in China, and in Vietnam and India for international operations [2] - The Vietnam base has expanded its product offerings to include AR glasses, AI glasses, smartphones, and tablets, targeting European and American clients [2] Group 4: Future Growth Areas - The company anticipates stable growth in its smartphone business, with AI PCs, smart glasses, wearable products, and automotive electronics as major growth drivers in the next three to five years [3] - AI PC shipments are expected to reach hundreds of thousands this year, with significant growth projected by 2027 [3] - The smart glasses segment includes three product lines (MR/AR/AI glasses), with optimistic growth expectations for AI glasses [3] - The wearable product segment saw over 29 million units shipped last year, indicating a growing market capacity [3] - The automotive electronics segment is expected to see revenue growth by 2027, with products already beginning to ship [3]

证券代码：603341 证券简称：龙旗科技 公告编号：2025-060 上海龙旗科技股份有限公司 关于拟变更第四届董事会独立董事 及调整董事会专门委员会成员的公告 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。 为进一步完善上海龙旗科技股份有限公司（以下简称"公司"）的公司治理 结构，结合公司拟发行境外上市外资股（H 股）并在香港联合交易所有限公司（以 下简称"香港联交所"）主板挂牌上市的需要，公司拟按照《香港联合交易所有 限公司证券上市规则》的规定更换一名通常居于香港的独立董事。公司于 2025 年 5 月 21 日召开第四届董事会第六次会议，审议通过了《关于变更第四届董事 会独立董事并确定其津贴的议案》 《关于调整公司董事会专门委员会成员的议案》， 公司拟变更第四届董事会独立董事及调整董事会专门委员会成员。现将具体情况 公告如下： 康至军先生在担任公司独立董事期间勤勉尽责，为公司规范运作和健康发展 发挥了积极作用。公司董事会对康至军先生在任期间所做的贡献表示衷心感谢！ 二、关于补选独立董事的情况 为保证公司董事会及各专门委 ...

本次拟提名的独立董事候选人牛双霞的教育背景、专业能力、工作经历和职 业素养等方面符合拟担任职务的任职要求，具有履行独立董事职责的能力，具备 担任上市公司独立董事的任职条件和独立性要求，未发现存在被中国证券监督管 理委员会采取不得担任上市公司董事的市场禁入措施且期限尚未届满，或被证券 交易所公开认定为不适合担任上市公司董事且期限尚未届满的情形，不存在重大 失信等不良记录。牛双霞已经参加培训并取得上海证券交易所认可的相关培训证 明材料。 综上，董事会提名委员会同意提名牛双霞为公司第四届董事会独立董事候选 人，并同意将上述提名事项提交公司第四届董事会第六次会议审议。 根据《中华人民共和国公司法》（以下简称"《公司法》"）《上市公司独 《上海证券交易所上市公司自律监管指引第 1 号——规范运作》 立董事管理办法》 等相关法律法规、规范性文件以及《上海龙旗科技股份有限公司章程》《上海龙 旗科技股份有限公司董事会提名委员会实施细则》等有关规定，上海龙旗科技股 份有限公司（以下简称"公司"）第四届董事会提名委员会对公司第四届独立董 事候选人的个人履历和任职资格进行审核，发表意见如下： 上海龙旗科技股份有限公司第四届董事会提 ...

证券代码：603341 证券简称：龙旗科技 公告编号：2025-061 一、关于公司非独立董事辞职的情况 公司董事会收到非独立董事王伯良先生递交的书面辞职报告，王伯良先生因 公司内部工作调整，申请辞去公司董事职务，辞职后，王伯良先生仍然担任公司 副总经理职务。 （一）提前离任的基本情况 | | | | | | 是否继续在 | 是否存在 | | --- | --- | --- | --- | --- | --- | --- | | 离任 | | | 原定任期 | | 上市公司及 | 具体 未履行完 | | 姓名 | 离任时间 | | | | 离任原因 | | | 职务 | | | 到期日 | | 其控股子公 | 职务 毕的公开 | | | | | | | 司任职 | 承诺 | | 王伯 | 2025 年 | 6 | 2028 年 2 | | 公司内部 | 副总 | | 董事 | | | | | 是 | 是 | | 良 | 月9日 | | 16 月 | 日 | 工作调整 | 经理 | （二）离任对公司的影响 王伯良先生的辞职不会导致公司董事会成员低于法定最低人数，王伯良先生 仍然担任公司的副总经理，并将继续履行董 ...

独立董事候选人声明与承诺 本人牛双霞，已充分了解并同意由提名人上海龙旗科技股份有 限公司董事会提名为上海龙旗科技股份有限公司第四届董事会独立 董事候选人。本人公开声明，本人具备独立董事任职资格，保证不 存在任何影响本人担任上海龙旗科技股份有限公司独立董事独立性 的关系，具体声明并承诺如下： 一、本人具备上市公司运作的基本知识，熟悉相关法律、行政 法规、部门规章及其他规范性文件，具有 5 年以上法律、经济、会 计、财务、管理或者其他履行独立董事职责所必需的工作经验。 本人已经参加培训并取得证券交易所认可的相关培训证明材料。 二、本人任职资格符合下列法律、行政法规和部门规章以及公 司规章的要求： （一） 《中华人民共和国公司法》关于董事任职资格的规定； （二） 《中华人民共和国公务员法》关于公务员兼任职务的规定 （如适用） ； （三）中国证监会《上市公司独立董事管理办法》、上海证券交 易所自律监管规则以及公司章程有关独立董事任职资格和条件的相 关规定； （四）中共中央纪委、中共中央组织部《关于规范中管干部辞 去公职或者退（离）休后担任上市公司、基金管理公司独立董事、 独立监事的通知》的规定（如适用） （五）中共中 ...