证券代码：603386 证券简称：骏亚科技 公告编号：2025-036 （一）审议通过《关于修订<公司章程>及取消监事会的议案》 广东骏亚电子科技股份有限公司 第四届监事会第五次会议决议公告 本公司监事会及全体监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： 一、 监事会会议召开情况 广东骏亚电子科技股份有限公司（以下简称"公司"）第四届监事会第五次 会议（以下简称"会议"）通知于 2025 年 9 月 26 日以邮件、通讯等形式发出， 会议于 2025 年 9 月 29 日以现场结合通讯表决的方式在公司会议室召开。本次会 议由监事会主席刘水波召集并主持，应出席监事 3 名，实际出席 3 名。本次会议 的召开符合《公司法》等相关法律、法规和《公司章程》的有关规定，合法有效。 二、监事会会议审议情况 根据《公司法》《上市公司章程指引》（2025 年修订）等的相关规定，上 市公司将不再设置监事会或监事，董事会审计委员会行使《公司法》规定的监事 会的职权。结合公司的实际情况，公司不再设置监事会或监事，《公司监事会议 事规则》相应废止，并 ...

证券代码：603386 证券简称：骏亚科技 公告编号：2025-035 广东骏亚电子科技股份有限公司 第四届董事会第五次会议决议公告 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。 重要内容提示： 公司全体董事出席了本次会议。 本次董事会全部议案均获通过，无反对票。 一、董事会会议召开情况 广东骏亚电子科技股份有限公司（以下简称"公司"）第四届董事会第五次 会议（以下简称"会议"）通知于 2025 年 9 月 26 日以邮件、通讯等形式发出， 会议于 2025 年 9 月 29 日以现场结合通讯的方式在公司会议室召开。本次会议由 董事长叶晓彬召集并主持，应出席董事 7 名，实际出席 7 名。公司全体监事及高 级管理人员列席了本次会议。本次会议的召开符合《中华人民共和国公司法》等 相关法律、法规和《公司章程》的有关规定，会议合法有效。 二、董事会会议审议情况 （一）审议通过《关于续聘会计师事务所的议案》 本议案已经公司第四届董事会审计委员会第四次会议审议通过。 具 体 内 容 详 见 公 司 通 过 指 定 信 息 披 露 媒 ...

Group 1 - Junya Technology (SH 603386) held its fourth fifth board meeting on September 29, 2025, where it reviewed the proposal to amend the "Independent Director Annual Work Regulations" [1] - For the year 2024, Junya Technology's revenue composition is as follows: 93.54% from the printed circuit board industry and 6.46% from other businesses [1] - As of the report, Junya Technology has a market capitalization of 4.6 billion yuan [1] Group 2 - The competition between Nongfu Spring and Yibao has intensified, with Nongfu Spring's green bottle launch leading to a significant market share decline for Yibao, dropping nearly 5 percentage points [1]

Core Viewpoint - The performance of the Zhongzheng 2000 Enhanced ETF (159552) shows a slight increase of 0.15% as of the midday close on September 22, with a trading volume of 28.4 million yuan [1] Group 1: ETF Performance - The Zhongzheng 2000 Enhanced ETF (159552) closed at 1.978 yuan, with a year-to-date return of 97.44% since its establishment on June 19, 2024 [1] - The ETF has experienced a decline of 1.47% over the past month [1] Group 2: Top Holdings Performance - Among the top holdings, Ice Glacier Network decreased by 1.72%, while New Asia Electronics increased by 2.39% [1] - Other notable movements include Huazheng New Materials down by 0.89%, Junya Technology up by 0.07%, and Shenchi Electromechanical up by 2.59% [1] - Brother Technology fell by 1.64%, Haitai Technology down by 2.10%, Changrong Co. down by 1.71%, and Focus Technology down by 0.79% [1] - Jingquan Hua saw an increase of 2.04% [1]

Company Overview - Junya Technology Co., Ltd. is located in Huizhou, Guangdong Province, established on November 22, 2005, and listed on September 12, 2017. The company specializes in the research, production, and sales of printed circuit boards (PCBs) and surface mount technology (SMT) [2] - The main business revenue composition includes PCB at 88.64%, other (supplement) at 6.46%, SMT at 2.50%, and complete machines at 2.40% [2] - As of June 30, 2025, the number of shareholders is 18,800, an increase of 4.03% from the previous period, with an average of 17,357 circulating shares per person, a decrease of 3.88% [2] Financial Performance - For the first half of 2025, Junya Technology achieved operating revenue of 1.264 billion yuan, a year-on-year increase of 13.54%, and a net profit attributable to the parent company of 38.13 million yuan, a year-on-year increase of 333.32% [2] - The company has distributed a total of 306 million yuan in dividends since its A-share listing, with 93.33 million yuan distributed over the past three years [3] Stock Market Activity - On September 9, Junya Technology's stock price fell by 2.01%, trading at 15.13 yuan per share, with a total transaction volume of 154 million yuan and a turnover rate of 3.07%, resulting in a total market capitalization of 4.937 billion yuan [1] - Year-to-date, the stock price has increased by 36.06%, with a 5-day increase of 5.07%, a 20-day increase of 3.35%, and a 60-day increase of 37.05% [1] - The company has appeared on the "Dragon and Tiger List" once this year, with the most recent appearance on March 5, where the net purchase was 15.81 million yuan, accounting for 18.40% of the total transaction volume [1]

Core Viewpoint - The PCB industry is experiencing significant growth driven by demand from AI computing, automotive electronics, and data centers, with many companies reporting substantial profit increases in the first half of the year [1][2][4]. Group 1: Industry Performance - Nearly 70% of PCB listed companies reported growth in net profit, with notable increases from companies like Shenghong Technology (up 367%), Junya Technology (up 333%), and Huazheng New Materials (up 328%) [2]. - The PCB market is projected to grow from $73.57 billion in 2024 to $94.66 billion by 2029, with a compound annual growth rate (CAGR) of 5.2% [4]. Group 2: Product Upgrades - The industry is shifting towards high-end products, particularly in AI servers and automotive electronics, with high-frequency and high-speed copper-clad laminates seeing increased demand [2][3]. - Companies like Shenghong Technology are focusing on high-density interconnect (HDI) boards, which require advanced manufacturing processes and have seen supply tightness due to increased demand [3]. Group 3: Cost Pressures - Rising copper prices have led to increased operating costs for PCB manufacturers, with over half of the companies experiencing cost growth outpacing revenue growth [5][6]. - The copper price is expected to remain high, with analysts predicting further increases in the second half of the year, adding pressure on PCB companies to manage costs effectively [6]. Group 4: Capacity Expansion - Companies are actively expanding production capacities, particularly in Southeast Asia, to meet the growing demand for high-end multi-layer PCBs [7][9]. - Significant investments are being made by companies like Jingwang Electronics and Shenghong Technology in new facilities and technology upgrades to enhance their market share in high-end PCB products [7][9]. Group 5: Regional Developments - Southeast Asia is becoming a key region for PCB production, with countries like Thailand and Vietnam attracting investments from major PCB manufacturers [7][8]. - The region is expected to have the highest CAGR of 7.8% from 2024 to 2029, driven by the shift of production from China [7].

Core Points - The stock price of Junya Technology (603386) closed at 15.6 yuan on August 25, 2025, down by 0.89% with a turnover rate of 3.8% and a trading volume of 123,900 lots, amounting to 193 million yuan [1] - The company experienced a net outflow of main funds amounting to 24.55 million yuan, accounting for 12.71% of the total trading volume, with significant outflows from large orders [1] - Junya Technology reported total revenue of 1.264 billion yuan for the first half of 2025, representing a year-on-year growth of 13.54%, and a net profit attributable to shareholders of 38.13 million yuan, up 333.32% year-on-year [1] Financial Performance - The company's net profit excluding non-recurring items was 25.16 million yuan, showing a year-on-year increase of 187.87% [1] - The liquidity ratios are as follows: current ratio at 0.689, quick ratio at 0.480, and debt-to-asset ratio at 60.81% [1] Company Overview - Guangdong Junya Electronic Technology Co., Ltd. was established in 2005 and is located in Huizhou, primarily engaged in the manufacturing of computers, communications, and other electronic devices [2] - The company has a registered capital of 3.2632256 billion yuan and has made investments in 10 enterprises, participated in 5 bidding projects, and holds 124 patents along with 6 trademark registrations [2]

Core Viewpoint - Junya Technology (603386) reported strong financial performance for the first half of 2025, with significant increases in revenue and net profit compared to the same period in 2024 [1] Financial Performance Summary - Total revenue reached 1.264 billion yuan, a year-on-year increase of 13.54% [1] - Net profit attributable to shareholders was 38.13 million yuan, up 333.32% year-on-year [1] - In Q2 2025, total revenue was 672 million yuan, reflecting a 6.94% increase year-on-year [1] - Q2 net profit attributable to shareholders was 23.03 million yuan, a staggering increase of 6262.26% year-on-year [1] - Gross margin improved to 18.54%, up 15.67% year-on-year, while net margin reached 3.02%, a 303.91% increase [1] Cost and Expense Management - Total selling, administrative, and financial expenses amounted to 128 million yuan, accounting for 10.09% of revenue, down 20.77% year-on-year [1] - The company reported a significant increase in operating cash flow per share to 0.61 yuan, a 77.35% increase year-on-year [1] Balance Sheet Highlights - Cash and cash equivalents increased by 46.74% to 112 million yuan [2] - Interest-bearing debt decreased by 28.90% to 663 million yuan [1] - Accounts receivable rose by 5.43% to 586 million yuan [1] Investment and Financing Activities - The net cash flow from investing activities decreased by 86.04%, attributed to increased cash outflows for fixed asset purchases [3] - The net cash flow from financing activities also decreased by 67.29%, due to a reduction in bank borrowings [3] Business Evaluation - The company's historical return on invested capital (ROIC) has been relatively low, with a median ROIC of 9.12% since its listing [4] - The company has experienced one loss year since its IPO, indicating potential volatility in financial performance [4] Future Outlook - The company is actively expanding its market presence in AI and robotics, with plans to increase revenue from these segments by 2026, contingent on downstream demand and customer certification [5]

Group 1: China Petroleum & Chemical Corporation (Sinopec) - The company plans to repurchase shares worth between 500 million to 1 billion yuan using its own funds and special loans, with a maximum repurchase price of 8.72 yuan per share [1] - The estimated number of shares to be repurchased is between approximately 57.34 million to 114.68 million shares, representing 0.05% to 0.09% of the total share capital [1] - The repurchased shares will be fully canceled, reducing the registered capital, and the repurchase period will not exceed three months from the board's approval [1] Group 2: Zhenzhitong (True Vision) - The controlling shareholder plans to reduce its stake by 3%, selling 6.2928 million shares from September 15, 2025, to December 14, 2025 [3] - The company specializes in multimedia video system construction and data center system services [3] Group 3: Junya Technology - The company reported a net profit of 38.13 million yuan for the first half of 2025, recovering from a loss of 16.34 million yuan in the same period last year [4] - Revenue for the first half of 2025 reached 1.264 billion yuan, a year-on-year increase of 13.54% [4] - The basic earnings per share were 0.12 yuan [4] Group 4: Highling Information - The company reported a net loss of 33.07 million yuan for the first half of 2025, compared to a loss of 22.50 million yuan in the same period last year [5] - Revenue for the first half of 2025 was 95.20 million yuan, a year-on-year increase of 15.55% [5] - The basic loss per share was 0.26 yuan [5] Group 5: Laisentongling - The company achieved a net profit of 60.61 million yuan in the first half of 2025, turning around from a loss in the previous year [6] - Revenue increased by 37.00% year-on-year, reaching 870 million yuan [6] - The basic earnings per share were 0.18 yuan [6] Group 6: Kanglong Huacheng - The company reported a net profit of 701 million yuan for the first half of 2025, a decrease of 37% year-on-year [9] - Revenue was 6.441 billion yuan, reflecting a year-on-year growth of 14.93% [9] - The basic earnings per share were 0.3984 yuan [9] Group 7: Ganeng Co., Ltd. - The company reported a net profit of 438 million yuan for the first half of 2025, a year-on-year increase of 29.39% [10] - Revenue decreased by 1.53% to 3.031 billion yuan [10] - The basic earnings per share were 0.45 yuan [10] Group 8: Jidian Co., Ltd. - The company reported a net profit of 726 million yuan for the first half of 2025, a decrease of 33.72% year-on-year [11] - Revenue was 6.569 billion yuan, down 4.63% from the previous year [11] - The company plans to distribute a cash dividend of 0.20 yuan per 10 shares [11] Group 9: Yunmei Energy - The company reported a net loss of 163 million yuan for the first half of 2025, compared to a loss of 233 million yuan in the same period last year [13] - Revenue was 2.568 billion yuan, a year-on-year decrease of 28.14% [13] - The basic loss per share was 0.15 yuan [13] Group 10: Yiwang Co., Ltd. - The company reported a net profit of 104 million yuan for the first half of 2025, a decrease of 8.33% year-on-year [15] - Revenue was 2.972 billion yuan, down 0.87% from the previous year [15] - The company plans to distribute a cash dividend of 0.15 yuan per 10 shares [15] Group 11: Aerospace Power - The company reported a net loss of 731 million yuan for the first half of 2025, compared to a loss of 569 million yuan in the same period last year [17] - Revenue was 328 million yuan, a year-on-year decrease of 12.88% [17] - The basic loss per share was 0.12 yuan [17] Group 12: Dongbei Group - The company reported a net profit of 682 million yuan for the first half of 2025, a decrease of 31.60% year-on-year [18] - Revenue was 3.187 billion yuan, reflecting a year-on-year increase of 4.05% [18] - The basic earnings per share were 0.1102 yuan [18] Group 13: Artis - The company reported a net profit of 731 million yuan for the first half of 2025, a decrease of 41.01% year-on-year [19] - Revenue was 21.052 billion yuan, down 4.13% from the previous year [19] - The basic earnings per share were 0.20 yuan [19] Group 14: Taihe Intelligent - The company reported a net profit of 10.58 million yuan for the first half of 2025, a year-on-year increase of 61.24% [20] - Revenue was 249 million yuan, reflecting a year-on-year growth of 10.92% [20] - The basic earnings per share were 0.06 yuan [20] Group 15: Fusa Technology - The company reported a net profit of 63.30 million yuan for the first half of 2025, a year-on-year increase of 36.40% [21] - Revenue was 820 million yuan, reflecting a year-on-year growth of 35.41% [21] - The company plans to distribute a cash dividend of 1.20 yuan per 10 shares [21] Group 16: iFlytek - The company reported a net loss of 239 million yuan for the first half of 2025, compared to a loss of 401 million yuan in the same period last year [22] - Revenue was 10.911 billion yuan, a year-on-year increase of 17.01% [22] - The basic loss per share was 0.1034 yuan [22] Group 17: Guomai Technology - The company reported a net profit of 151 million yuan for the first half of 2025, a year-on-year increase of 94.39% [22] - Revenue was 250 million yuan, reflecting a year-on-year growth of 11.78% [22] - The company plans to distribute a cash dividend of 0.40 yuan per 10 shares [22] Group 18: EVE Energy - The company reported a net profit of 1.605 billion yuan for the first half of 2025, a year-on-year decrease of 24.90% [23] - Revenue was 28.169 billion yuan, reflecting a year-on-year growth of 30.06% [23] - The company plans to distribute a cash dividend of 2.45 yuan per 10 shares [23] Group 19: Guomai Technology (Share Buyback) - The company plans to sell all repurchased shares totaling 15.5367 million shares, representing 1.54% of the total share capital [23] - The purpose of the sale is to concentrate resources on developing the main business and promoting mergers and acquisitions [23] Group 20: EVE Energy (Equity Transfer) - The company plans to transfer 49% of its stake in Qinghai Chaidamu Xinghua Lithium Salt Co., Ltd. for 600 million yuan [23] - After the transfer, the company will no longer hold any equity in Xinghua Lithium Salt [23] Group 21: Yongtaiyun - The company has received acceptance from the Shenzhen Stock Exchange for its application to issue shares to specific objects [24] - The application is subject to review and approval by the China Securities Regulatory Commission [24]

Core Insights - Junya Technology (603386.SH) reported a total operating revenue of 1.264 billion yuan for the first half of 2025, an increase of 151 million yuan or 13.54% year-on-year [1] - The net profit attributable to shareholders reached 38.13 million yuan, up by 54.47 million yuan compared to the same period last year [1] - The net cash inflow from operating activities was 198 million yuan, reflecting an increase of 86.45 million yuan and a year-on-year growth of 77.35% [1] Financial Performance - The latest asset-liability ratio stands at 60.81% [2] - The gross profit margin is 18.54%, which is an increase of 1.85 percentage points from the previous quarter and up by 2.37 percentage points year-on-year [2] - The return on equity (ROE) is 2.76%, an increase of 3.87 percentage points compared to the same period last year [2] Earnings and Efficiency Metrics - The diluted earnings per share are 0.12 yuan, an increase of 0.17 yuan from the same period last year [3] - The total asset turnover ratio is 0.37 times, up by 0.05 times or 14.17% year-on-year [3] - The inventory turnover ratio is 2.76 times, reflecting an increase of 0.04 times and a 1.44% year-on-year growth, marking five consecutive years of increase [3] Shareholder Structure - The number of shareholders is 18,800, with the top ten shareholders holding 202 million shares, accounting for 61.77% of the total share capital [3] - The largest shareholder is Junya Enterprise Limited, holding 57.46% of the shares [3]