Group 1 - The core point of the article highlights the recent performance of Spring Autumn Electronics, which saw a 5.56% increase in stock price, reaching 16.33 CNY per share, with a trading volume of 337 million CNY and a turnover rate of 4.80%, resulting in a total market capitalization of 7.243 billion CNY [1] - Spring Autumn Electronics, established on August 23, 2011, and listed on December 12, 2017, specializes in the research, design, production, and sales of precision structural components and related precision molds for consumer electronics [1] - The company's revenue composition is as follows: structural components account for 89.95%, communication equipment for 5.50%, molds for 2.88%, and other supplementary sources for 1.66% [1] Group 2 - From the perspective of major fund holdings, data indicates that one fund under Huaxia Fund has a significant position in Spring Autumn Electronics, specifically the Huaxia CSI 2000 ETF (562660), which held 57,800 shares in the third quarter, representing 0.35% of the fund's net value, making it the sixth-largest holding [2] - The Huaxia CSI 2000 ETF (562660) was established on September 6, 2023, with a latest scale of 227 million CNY, achieving a year-to-date return of 48.57%, ranking 731 out of 4,216 in its category; over the past year, it has returned 50.4%, ranking 416 out of 3,913; and since inception, it has yielded 67.77% [2]

Core Viewpoint - Spring Autumn Electronics has shown a positive stock performance with a year-to-date increase of 33.62%, reflecting strong financial results and market interest in the company [1][2]. Financial Performance - For the period from January to September 2025, Spring Autumn Electronics achieved a revenue of 3.197 billion yuan, representing a year-on-year growth of 7.21% [2]. - The net profit attributable to the parent company for the same period was 231 million yuan, marking a significant increase of 63.91% year-on-year [2]. Stock Market Activity - As of November 6, the stock price of Spring Autumn Electronics rose by 2.11% to 15.50 yuan per share, with a trading volume of 284 million yuan and a turnover rate of 4.22% [1]. - The company has appeared on the "Dragon and Tiger List" twice this year, with the most recent instance on January 7, where it recorded a net purchase of 29.09 million yuan [1]. Shareholder Information - As of September 30, 2025, the number of shareholders for Spring Autumn Electronics was 40,900, a decrease of 1.08% from the previous period [2]. - The average number of tradable shares per shareholder increased by 2.08% to 10,827 shares [2]. - Hong Kong Central Clearing Limited is the third-largest circulating shareholder, having newly acquired 5.7876 million shares [3]. Dividend Distribution - Since its A-share listing, Spring Autumn Electronics has distributed a total of 359 million yuan in dividends, with 107 million yuan distributed over the past three years [3].

Group 1 - The announcement from Spring Airlines Electronics states that the last conversion date for "Spring Convertible Bonds" is November 6, 2025, with only one trading day left before this date [2] - After the early redemption is completed, "Spring Convertible Bonds" will be delisted from the Shanghai Stock Exchange starting November 7, 2025 [2] - Investors holding "Spring Convertible Bonds" can either trade in the secondary market within the specified time or convert at a price of 10.50 CNY per share, otherwise, they will face forced redemption at a price of 100 CNY per bond plus accrued interest, totaling 101.701 CNY per bond [2]

| 证券代码：603890 | 证券简称：春秋电子 | 公告编号：2025-065 | | --- | --- | --- | | 债券代码：113577 | 债券简称：春秋转债 | | | 债券代码：113667 | 债券简称：春23转债 | | 苏州春秋电子科技股份有限公司 关于实施"春秋转债"赎回暨摘牌的最后一次提示性公告 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： 自 2025 年 11 月 4 日起，"春秋转债"停止交易。 最后转股日：2025 年 11 月 6 日 截至 2025 年 11 月 5 日收市后，距离 11 月 6 日（"春秋转债"最后转股日， 含当日）仅剩 1 个交易日，11 月 6 日为"春秋转债"最后一个转股日。 苏州春秋电子科技股份有限公司（以下简称"公司"、"春秋电子"）股票 自 2025 年 8 月 19 日至 2025 年 9 月 23 日期间，已有 15 个交易日的收盘价格不 低于"春秋转债"当期转股价格 10.50 元/股的 130%（即 13.65 元/股），根据 ...

Core Viewpoint - The consumer electronics sector experienced a significant rally, with notable gains in several companies, indicating a positive market sentiment in this industry [1] Company Summaries - Xinying Technology saw its stock price increase by over 10% [1] - Furi Electronics reported a stock price rise of more than 9% [1] - Spring and Autumn Electronics, Litong Electronics, and Yitian Co. also experienced upward movements in their stock prices [1]

Group 1 - The core point of the article highlights the performance of Spring Autumn Electronics, which saw a stock increase of 5.39%, reaching 15.26 CNY per share, with a trading volume of 216 million CNY and a turnover rate of 3.28%, resulting in a total market capitalization of 6.768 billion CNY [1] - Spring Autumn Electronics, established on August 23, 2011, and listed on December 12, 2017, specializes in the research, design, production, and sales of precision structural components and related precision molds for consumer electronics [1] - The company's revenue composition is as follows: structural components account for 89.95%, communication equipment for 5.50%, molds for 2.88%, and other sources for 1.66% [1] Group 2 - From the perspective of major fund holdings, one fund under China Merchants Fund has a significant position in Spring Autumn Electronics, specifically the China Merchants CSI 2000 Enhanced Strategy ETF (159552), which held 379,700 shares, representing 0.98% of the fund's net value, ranking as the fifth-largest holding [2] - The China Merchants CSI 2000 Enhanced Strategy ETF (159552) has achieved a year-to-date return of 55.27%, ranking 338 out of 4,216 in its category, and a one-year return of 63.93%, ranking 143 out of 3,901 [2] - The fund manager of the China Merchants CSI 2000 Enhanced Strategy ETF is Deng Tong, who has been in the position for 3 years and 349 days, with the fund's total asset size at 8.712 billion CNY and a best return of 77.02% during his tenure [3]

Group 1 - The core announcement is regarding the "Chunqiu Convertible Bond," which will have its last conversion day on November 6, 2025, with only two trading days left until then [1] - After the early redemption is completed, the "Chunqiu Convertible Bond" will be delisted from the Shanghai Stock Exchange starting November 7, 2025 [1] - Investors holding the "Chunqiu Convertible Bond" can either continue trading in the secondary market within the specified time or convert at a price of 10.50 CNY per share, otherwise, they will face forced redemption at a price of 100 CNY per bond plus accrued interest, totaling 101.701 CNY per bond [1]

| 证券代码：603890 | 证券简称：春秋电子 | 公告编号：2025-064 | | --- | --- | --- | | 债券代码：113577 | 债券简称：春秋转债 | | | 债券代码：113667 | 债券简称：春23转债 | | 苏州春秋电子科技股份有限公司 关于实施"春秋转债"赎回暨摘牌的第十九次提示性公告 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。 本次提前赎回完成后，"春秋转债"将自 2025 年 11 月 7 日起在上海证券交 易所摘牌。 投资者所持"春秋转债"除在规定时限内通过二级市场继续交易或按照 10.50 元/股的转股价格进行转股外，仅能选择以 100 元/张的票面价格加当 期应计利息（即 101.701 元/张）被强制赎回。若被强制赎回，可能面临较 大投资损失。 特提醒"春秋转债"持有人注意在限期内转股。 敬请广大投资者详细了解可转债相关规定，注意投资风险。 《苏州春秋电子科技股份有限公司公开发行可转换公司债券募集说明书》（以下 简称"《募集说明书》"）的相关约定，已触发"春秋转债"的 ...

| 证券代码：603890 | 证券简称：春秋电子 | 公告编号：2025-063 | | --- | --- | --- | | 债券代码：113577 | 债券简称：春秋转债 | | | 债券代码：113667 | 债券简称：春23转债 | | 苏州春秋电子科技股份有限公司 关于实施"春秋转债"赎回暨摘牌的第十八次提示性公告 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： 自 2025 年 11 月 4 日起，"春秋转债"停止交易。 最后转股日：2025 年 11 月 6 日 截至 2025 年 11 月 3 日收市后，距离 11 月 6 日（"春秋转债"最后转股日， 含当日）仅剩 3 个交易日，11 月 6 日为"春秋转债"最后一个转股日。 苏州春秋电子科技股份有限公司（以下简称"公司"、"春秋电子"）股票 自 2025 年 8 月 19 日至 2025 年 9 月 23 日期间，已有 15 个交易日的收盘价格不 低于"春秋转债"当期转股价格 10.50 元/股的 130%（即 13.65 元/股），根据 ...

Core Points - The company has announced the early redemption of the "Chunqiu Convertible Bonds" due to the stock price meeting the conditions for redemption [5][8][19] - The last trading day for the bonds is November 3, 2025, and the last conversion day is November 6, 2025 [1][2][17] - The redemption price is set at 101.701 CNY per bond, which includes the face value and accrued interest [10][12][16] Redemption Details - The bonds will be redeemed on November 7, 2025, and will be delisted from the Shanghai Stock Exchange on the same day [3][18] - The company has triggered the conditional redemption clause as the stock price was above 130% of the conversion price for 15 trading days [5][8][10] - Investors must convert or sell their bonds before the last trading day to avoid forced redemption [4][20] Financial Implications - The accrued interest for the bonds is calculated based on a 3.0% annual interest rate, resulting in 1.701 CNY per bond [11][12] - The total redemption amount for each bond is 101.701 CNY before tax, with a net amount of 101.361 CNY after personal income tax for individual investors [13][14] Investor Guidance - Investors are advised to be aware of the redemption conditions and to act within the specified time frame to avoid potential losses [19][20] - The company will provide further announcements regarding the redemption process and its implications for the company [15][22]