Group 1 - The company, Taijing Technology, plans to invest 10 million yuan to establish a venture capital partnership named "Qiongqing City Xihe Feilingnanxin Venture Capital Partnership" with professional investment institutions [1][2] - The partnership has completed fundraising but still requires registration with the China Securities Investment Fund Industry Association [1] - Taijing Technology is recognized as one of the few companies globally with advanced production capabilities in quartz crystal MEMS photolithography technology, achieving industrialization and scale [2][3] Group 2 - The total committed capital for the partnership is 130 million yuan, with Taijing Technology contributing 10 million yuan, representing a 7.6775% stake [3] - The target company for investment, Nanfimi Microelectronics, is based in Shenzhen and specializes in the design and development of integrated circuit hardware and software for electronic and communication products [3] - Taijing Technology's financial health is stable, and the investment will not affect its operational cash flow [3] Group 3 - Taijing Technology aims to expand its business in the automotive electronics sector, having recently passed audits from two global top 10 automotive parts customers [4] - The company achieved a revenue of 718 million yuan in the first three quarters of 2025, a year-on-year increase of 16.22%, while net profit decreased by 58.51% [4] - The company has established the only independent automotive-grade production line in China, ensuring product reliability and consistency [4] Group 4 - The automotive-grade products from Taijing Technology are applied in various scenarios, including cockpit, body, and intelligent driving, with plans to expand into chassis and power applications [5] - The company is focusing on high-end markets such as satellite navigation and optical communication, aiming to enhance its product offerings in AI, Beidou, and low-altitude aircraft applications [5]

泰晶科技股份有限公司 关于与专业投资机构共同投资的进展公告 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： | 投资标的名称 | 共青城羲和菲菱楠芯创业投资合伙企业（有限合伙）（以下 简称"合伙企业"） | | | | --- | --- | --- | --- | | 投资金额（万元） | 1,000 | | | | 投资进展阶段 | 完成 进展 | 终止 | 交易要素变更 | | 特别风险提示 | 募集失败 | | | | | 未能完成备案登记 | | | | | 提前终止 | | | | | 发生重大变更 | | | | | 其他：截至本公告披露日，合伙企业尚未完成中国证券投资 | | | | | 基金业协会备案，实施过程存在不确定性。在合伙企业后续 | | | | | 运营中，受宏观经济、行业周期、投资标的经营管理、交易 | | | | | 方案等多种因素影响，合伙企业存在投资失败等不能实现预 | | | | | 期效益的风险。 | | | 一、合作投资基本情况概述 泰晶科技股份有限公 ...

Group 1 - A new private equity firm named Qiongqing City Xihe Feiling Nanxin Venture Capital Partnership (Limited Partnership) has been established, focusing on activities such as equity investment, investment management, and asset management [1] - The firm is co-funded by Feiling Kesi and Taijing Technology among others, indicating a collaborative investment approach [1]

Core Insights - The domestic market for high-end quartz crystal resonators is experiencing strong demand, prompting local manufacturers to expand production capacity and increase R&D investment to enhance their supply capabilities in the high-end market [1][10] - The quartz crystal resonator industry in China has grown from 5.496 billion yuan in 2015 to 8.288 billion yuan in 2024, with a compound annual growth rate (CAGR) of 4.67% [1][10] - Emerging applications in 5G communication, wearable electronics, automotive electronics, and the Internet of Things (IoT) are driving significant market opportunities for the quartz crystal resonator industry [1][10] Industry Overview - Quartz crystal components, known as crystal oscillators, are frequency control devices made from quartz crystals utilizing the piezoelectric effect [2][4] - The industry is categorized into quartz crystal resonators and oscillators, with further classifications based on frequency and packaging methods [2][4] Industry Policies - The Chinese government has increased policy support for the quartz crystal resonator industry, promoting new electronic components and smart manufacturing [7] - Key policies include the inclusion of new electronic components in the encouraged category of the 2024 Industrial Structure Adjustment Guidance Catalog and the 2025-2026 Action Plan for Stable Growth in the Electronic Information Manufacturing Industry [7] Industry Chain - The quartz crystal resonator industry chain consists of upstream raw materials (quartz sand, packaging materials), midstream manufacturing, and downstream applications (communication devices, consumer electronics) [6][8] Current Industry Development - Since 2018, Japanese companies have reduced capital expenditures, creating opportunities for Chinese manufacturers to expand in the quartz crystal resonator market [10] - From 2015 to 2024, China's production of quartz crystal resonators increased from 11.94 billion units to 23.298 billion units, with a CAGR of 7.71% [10] Competitive Landscape - The industry features a tiered competitive structure, with international giants leading the high-end market and domestic companies like Unisoc, Dongjing Electronics, and others gaining ground in mid to high-end segments [10][11] - Domestic companies are increasing R&D investments to enhance product consistency and reliability, narrowing the gap with international competitors [10] Development Trends - The industry is moving towards miniaturization, high frequency, low phase noise, and low aging rates to meet the demands of advanced applications [13][14][17] - Manufacturers are focusing on advanced packaging technologies and optimizing design processes to achieve these goals [13][14][17]

Group 1 - Wanma Technology has been pre-awarded a total of 59.9434 million yuan for multiple State Grid projects, which accounts for 14.49% of its latest audited main business revenue [1] - Tianen Kang's subsidiary received a drug registration certificate for Methimazole tablets, a medication used for hyperthyroidism [2] - Taijing Technology invested 10 million yuan to establish a special fund focused on high-speed network communication chips [3] Group 2 - Youyou Foods plans to use 10 million yuan of its own funds to purchase principal-protected financial products with an expected annual yield of 0.5%-5.0% [4] - Yangfan New Materials announced the release of detention measures against its controlling shareholder, allowing him to resume his duties [5] - Xianju Pharmaceutical received approval for a supplementary application for Nicardipine injection, a calcium channel blocker used for acute hypertension [6] Group 3 - Jingu Co. plans to repurchase shares worth 30-60 million yuan for employee stock ownership plans or equity incentives [7] - Double Tower Foods' Thai subsidiary has completed the construction of its production line and is in the initial production phase [8] - Tongyi Zhong intends to invest approximately 198 million yuan in a project for the industrialization of ultra-high molecular weight polyethylene fibers [9][10] Group 4 - Zhangyue Technology received a dividend of 4.99 million yuan from its stake in Dianzhong Technology, which represents 10.12% of its audited net profit for 2024 [11] - Sihua Electronics announced the resignation of its general manager due to job transfer, with the current manager continuing until a new one is appointed [12] - Jiutian Pharmaceutical's new drug JMHT06 has received approval for clinical trials for acute gouty arthritis [13] Group 5 - Anlian Ruishi has established a joint venture for embodied intelligent robots with a registered capital of 20 million yuan [14] - Kelin Electric's application for a private placement has been accepted by the Shanghai Stock Exchange [15] - Guoyao Modern's subsidiary has received approval for the listing of Agomelatine raw materials, used in antidepressant synthesis [16] Group 6 - Xintiandi's application for the listing of Ferrous Fumarate raw materials has been approved, which is used for treating iron deficiency anemia [17] - ST Weihai, as the leading party, won a bid for a smart agriculture project worth 652 million yuan, accounting for 26.27% of its 2024 audited revenue [18] - Tian Youwei plans to purchase 100% of Krämer Automotive Systems for 1 million euros [19] Group 7 - Guangdong Yuedian A's subsidiary has successfully put into operation the third unit of its Dapu Power Plant project [20] - China Life's total premium exceeded 700 billion yuan as of November 30, 2025 [21] - Shoukai Co. achieved a total signed amount of 15.988 billion yuan in the first 11 months of 2025 [22] Group 8 - Kehua Bio's subsidiary has obtained a medical device registration certificate for an automatic chemiluminescence immunoassay analyzer [23] - Chengyi Pharmaceutical received a drug registration certificate for Torasemide tablets, which have passed the consistency evaluation [24] - Chongqing Construction won a bid for a municipal engineering project worth approximately 1.714 billion yuan [25] Group 9 - Hanjian Heshan signed a procurement contract for pipes worth 388 million yuan [26] - Jiuzhou Pharmaceutical plans to use up to 1 billion yuan of idle raised funds for cash management [27] - Xinwufeng reported an 80.97% year-on-year increase in pig sales in November 2025 [28] Group 10 - Luoniushan reported a 13.57% year-on-year increase in pig sales revenue in November 2025 [29] - Fushilai received a drug registration certificate for Alpha-Lipoic Acid tablets, used for diabetic neuropathy [30] - Dizhe Pharmaceutical presented research data on two innovative drugs at the 67th American Society of Hematology conference [31] - David Medical's subsidiary received two medical device registration certificates for single-use gastric tubes and electronic ureteral endoscope catheters [32]

Group 1 - The core viewpoint of the article is that Taijing Technology (603738.SH) is focusing on value investment in key areas of domestic substitution within the data communication and intelligent computing interconnection industry chain [1] - The company has signed a partnership agreement with private equity fund manager Xihe Investment and other limited partners to jointly invest in the establishment of the Qiongcheng Xihe Feilingnanxin Venture Capital Partnership [1] - The partnership will specifically invest in equity of Shenzhen Nanfai Microelectronics Co., Ltd., which is involved in high-speed network communication interconnection chips for data communication and intelligent computing scenarios [1] Group 2 - The total subscribed capital of the partnership is RMB 130 million, with the company contributing RMB 10 million, representing a 7.6775% stake [1]

证券代码：603738 证券简称：泰晶科技 公告编号：2025-054 泰晶科技股份有限公司 关于与专业投资机构共同投资的公告 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：共青城羲和菲菱楠芯创业投资合伙企业（有限合伙）（以 下简称"合伙企业"或"基金"） 投资金额：合伙企业的认缴出资总额为人民币 13,025 万元，其中泰晶科 技股份有限公司（以下简称"公司"）作为有限合伙人以自有资金认缴出资 1,000 万元，认缴出资比例 7.6775%。 本次对外投资未构成关联交易，亦未构成《上市公司重大资产重组管理 办法》规定的重大资产重组。 根据《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 5 号—交易与关联交易》等规定，本次交易无需提交公司董事会及股东 会审议。 相关风险提示： 1、本次对外投资事项需在中国证券投资基金业协会办理基金备案等手续， 具体实施和进展情况尚存在一定的不确定性。 2、在合伙企业后续运营中，受宏观经济、行业周期、投资标的经营管理、 交易方案等多种因素影 ...

Group 1 - The core viewpoint of the article is that Taijing Technology (603738.SH) is focusing on value investment in key areas of domestic substitution within the data communication and intelligent computing interconnection industry chain [1] - The company has signed a partnership agreement with Xihe Investment and other limited partners to jointly invest in the establishment of the Qiongcheng Xihe Feilingnanxin Venture Capital Partnership [1] - The partnership will specifically invest in equity of Shenzhen Nanfai Microelectronics Co., Ltd., which is involved in high-speed network communication interconnection chips for data communication and intelligent computing scenarios [1] Group 2 - The total subscribed capital of the partnership is RMB 130 million, with the company contributing RMB 10 million, representing a 7.6775% stake [1]

数据宝统计，截至14:36，泰晶科技成交额14.82亿元，创上市以来新高。最新股价下跌1.11%，换手率 21.87%。上一交易日该股全天成交额为5.25亿元。（数据宝） （文章来源：证券时报网） ...

Core Viewpoint - The local stocks in Fujian have experienced a surge, with over 20 stocks hitting the daily limit up, indicating strong market activity and investor interest in the region [3][12]. Group 1: Market Performance - The Fujian sector's trading volume reached 1739.2 billion, with more than 20 stocks hitting the daily limit up [3]. - The CPO (Co-Packaged Optics) sector led the gains, with major players like Zhongji Xuchuang, Xinyi Sheng, and Tianfu Communication each exceeding 160 billion in trading volume [3]. - Tianfu Communication hit a historical high with a closing increase of 19.19%, bringing its market capitalization to 184.17 billion [3][8]. Group 2: Sector Highlights - The technology sector remains active, particularly in the computing power industry chain, with significant gains in CPO, F5G, optical fiber, and storage chip sectors [5]. - Companies like Dongtian Micro and Zhishang Technology achieved a daily limit up, while Tianfu Communication and Changguang Huaxin saw substantial price increases [5]. - The component sector also showed strong performance, with companies like Taijing Technology and Jingwang Electronics hitting the daily limit up [9]. Group 3: Policy and Development - The Xiamen Municipal Committee has proposed a plan to advance the digital transformation of the city, emphasizing the development of AI and digital infrastructure [12]. - The plan includes enhancing the supply of computing power, algorithms, and data to support the city's digital economy [12]. - There is a focus on regional collaborative development, strengthening transportation networks, and integrating into national markets [14].