广东世运电路科技股份有限公司 关联交易制度 （2025 年 10 月修订） 第一章 总则 第一条 为规范广东世运电路科技股份有限公司（以下简称"公司"）关联交 易行为，提高公司规范运作水平，切实保障股东和公司的合法权益，根据《中华 人民共和国公司法》（以下简称《公司法》）、《中华人民共和国证券法》（以下简 称《证券法》）、《上市公司治理准则》《上海证券交易所股票上市规则》（以下简 称《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》和《广东世运电路科技股份有限公司章程》（以下简称《公司章程》）等 规定，并结合公司的实际情况，制定本制度。 第二条 公司关联交易应遵循诚实信用、平等、自愿、公平、公开、公允的 原则，不得损害股东的合法权益，必要时应聘请独立财务顾问或专业评估机构发 表意见和报告。 第三条 公司关联交易应当定价公允、决策程序合规、信息披露规范。公司 应当积极通过资产重组、整体上市等方式减少关联交易。 第四条 公司董事会下设的审计委员会履行公司关联交易控制和日常管理的 职责。 第二章 关联人与关联交易认定 第五条 公司的关联人包括关联法人和关联自然人。 第六条 具有以下 ...

广东世运电路科技股份有限公司利益冲突管理制度 第一条 为切实防范广东世运电路科技股份有限公司（以下简称"公司"） 董事及高级管理人员（以下统称"董高"）与公司之间的利益冲突，促进公司 业务的规范发展，防止损害公司及股东利益的行为发生，根据有关法律法规及 《广东世运电路科技股份有限公司章程》（以下简称《公司章程》）等有关规 定，特制定本制度。 利益冲突管理制度 广东世运电路科技股份有限公司 7 广东世运电路科技股份有限公司利益冲突管理制度 第一章 总则 第二条 本制度适用于公司及下属的全资子公司、控股子公司及其董监高。 第三条 利益冲突的定义及常见的情形 （2025年10月修订） 广东世运电路科技股份有限公司利益冲突管理制度 3、与公司竞争方之间存在聘任关系或活动 1、董高拥有其他公司的权益 （1）持有与公司存在竞争的公司的任何权益（通过证券市场取得权益，且 仅持有低于该公司发行在外5%的权益的投资除外）； （2）持有与公司有业务往来的公司（如公司的供应商、客户或代理商）的 任何权益（通过证券市场取得权益，且仅持有低于该公司发行在外5%的权益的 投资除外）。 2、董高或其关联人与公司存在关联交易 （1）向与公司 ...

广东世运电路科技股份有限公司 董事会战略与ESG委员会工作细则 （2025年10月修订） 第三条 战略与 ESG 委员会由三名董事组成。 第四条 战略与 ESG 委员会委员由董事长提名，并由董事会选举产生。 第五条 战略与 ESG 委员会设主任委员（召集人）1 名，由董事长担任，负 责召集和主持委员会工作。 第一章 总则 第一条 为适应公司战略发展需要，增强公司核心竞争力，确定公司发展规 划，加强决策科学性，提高重大决策的效益和决策的质量，完善公司治理结构， 提升 ESG（环境、社会、治理）管理水平，推动公司可持续、高质量发展，根据《 中华人民共和国公司法》《广东世运电路科技股份有限公司章程》（以下简称《公 司章程》）、《上市公司治理准则》《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 14 号——可持续发展报告（试行）》及其他有关规 定，公司特设立战略与 ESG 委员会，并制定本细则。 第二条 战略与 ESG 委员会是董事会下设的专门委员会，对董事会负责。其 主要任务是公司经营管理目标、长期发展战略及 ESG 相关事项进行研究并提出建 议。 第二章 人员组成 第六条 战略与 ESG ...

广东世运电路科技股份有限公司 内部审计制度 （2025 年 10 月修订） 在审计委员会的指导下独立开展审计工作，对公司业务活动、风险管理、内部控 制、财务信息等事项进行监督检查。 审计部应当保持独立性，不得置于财务部门的领导之下或者与财务部门合署 办公。审计委员会参与对内部审计负责人的考核。 第一章 总 则 第一条 为完善广东世运电路科技股份有限公司（以下简称"公司"）治理 结构，规范公司经济行为，维护股东合法权益，提高内部审计工作质量，加大审 计监督力度，明确内部审计工作职责及规范审计工作程序，确保公司各项内部控 制制度得以有效实施，根据《中华人民共和国审计法》《审计署关于内部审计工 作的规定》《中国内部审计准则》《企业内部控制基本规范》《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 1 号——规范运作》 及国家有关法律法规和公司章程等规定，结合公司实际情况，制定本制度。 第二条 本制度所称内部审计，是指由公司内部机构或人员独立监督和评价 公司、控股子公司以及具有重大影响的参股公司的内部控制和风险管理的有效性、 财务信息的真实性和完整性以及对经营活动的效率和效果等开展的一种评价活 ...

广东世运电路科技股份有限公司 董事会秘书工作细则 （2025年10月修订） 1 第一章 总则 第一条 为适应现代企业制度的要求，规范董事会秘书的行为，确保公司董 事会秘书顺利地行使职权，依据《中华人民共和国公司法》（以下简称《公司法》） 、《中华人民共和国证券法》《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1号——规范运作》等相关法律法规、规范性文件和《广 东世运电路科技股份有限公司章程》（以下简称《公司章程》）的有关规定， 制定本细则。 第二条 公司设董事会秘书1名。董事会秘书为公司的高级管理人员。董事 会秘书应当遵守法律、行政法规和公司章程的规定，履行诚信和勤勉的义务，承 担相关的责任。 第三条 公司设立董事会办公室，处理董事会日常事务。董事会秘书为董事 会办公室负责人。 第二章 董事会秘书的任职资格与任免程序 第四条 公司董事会秘书的任职资格： 1.具有大学专科以上学历，从事秘书、管理、股权事务、财务等工作3年以 上； 2.有一定财务、税收、法律、金融、企业管理、计算机应用等方面知识，具 有良好的个人品质和职业道德，严格遵守有关法律、法规和规章，能够忠诚地履 行职责。 第五条 ...

Group 1 - The stock price of Shiyun Circuit has increased by 7.91% over the last three days, currently trading at 43.53 CNY per share with a market capitalization of 31.367 billion CNY [1] - Shiyun Circuit specializes in the research, production, and sales of various printed circuit boards (PCBs), with its main revenue sources being hard boards (85.44%), rigid-flex boards (7.43%), and others (7.13%) [1] Group 2 - Xinyuan Fund has a significant holding in Shiyun Circuit, with its Xinyuan Growth Driven Stock A Fund (017726) holding 16,900 shares, representing 5.14% of the fund's net value [2] - The Xinyuan Growth Driven Stock A Fund has achieved a year-to-date return of 28.73% and a one-year return of 16.39%, ranking 1989 out of 4218 and 2838 out of 3878 in its category, respectively [2] - The fund manager Chen Li has a tenure of over 12 years, with a total fund size of 524 million CNY, while Wang Fuwei has a tenure of nearly 4 years with a fund size of 13.9534 million CNY [2]

Core Viewpoint - The trend of A-share listed companies purchasing bank wealth management products is declining, with a total subscription amount of 839.976 billion yuan, down 14.32% year-on-year, as companies shift focus towards core business operations and stock market investments [1][2]. Group 1: Wealth Management Product Subscription Trends - As of October 22, 2023, 1,112 A-share listed companies subscribed to 13,300 wealth management products, with a total subscription amount of 839.976 billion yuan, reflecting a year-on-year decline of 14.32% [1]. - Among the purchased bank wealth management products, structured deposits are the preferred choice, with a subscription amount of 508.203 billion yuan, accounting for 60.5% of the total, although this represents an 18.93% year-on-year decline [1]. - The subscription amount for bank wealth management products reached 87.026 billion yuan, making up 10.36% of the total, with a year-on-year decrease of 2.96% [1]. Group 2: Reasons for Decline in Bank Wealth Management Purchases - The decline in the scale of bank wealth management product purchases is attributed to three main factors: companies responding to regulatory calls to allocate funds towards core operations, cash dividends, and share buybacks; a general decrease in the yield of wealth management products due to falling market interest rates; and a favorable stock market encouraging direct stock investments [2]. - In the first half of the year, 788 listed companies engaged in securities investments, holding a total of 2,921 securities with an investment amount of 1.4 trillion yuan, significantly exceeding the amount invested in wealth management products [2]. Group 3: Rise in Securities Firm Wealth Management Product Purchases - Despite the overall decline in wealth management product purchases, the scale of securities firm wealth management product subscriptions has increased, with 244 listed companies purchasing a total of 56.159 billion yuan, marking an 8.1% year-on-year growth [2][3]. - Among the companies purchasing securities firm wealth management products, 115 companies subscribed for amounts exceeding 100 million yuan, with Jiangsu Guotai leading at 6.091 billion yuan [3]. Group 4: Factors Driving the Shift to Securities Firm Products - The increase in securities firm wealth management product subscriptions is driven by a relatively small base, allowing for noticeable growth with minimal fund shifts from bank products [3]. - Companies are attracted to securities firm products due to their professional investment capabilities, especially in a favorable stock market environment, which enhances the perceived potential for higher returns compared to bank products [3][4]. - The safety of securities firm wealth management products is comparable to that of bank products, as they are regulated by the China Securities Regulatory Commission, reducing concerns about potential losses [4].

证券代码：603920 证券简称：世运电路 公告编号：2025-079 注：公司与上述受托方不存在关联关系。 二、截至本公告披露日，公司使用闲置募集资金进行现金管理尚未到期的 金额为60,000万元。 特此公告。 广东世运电路科技股份有限公司（以下简称"本公司"或"公司"）于 2025 年 4 月 15 日召开了第五届董事会第三次会议和第五届监事会第三次会议，审议 通过了《关于使用部分闲置募集资金进行现金管理的议案》，同意公司使用最高 不超过人民币 110,000 万元的暂时闲置募集资金进行现金管理，主要用于购买安 全性高、流动性好、保本型约定存款或理财产品，且产品不得用于质押，单项投 资产品期限不超过 12 个月，决议有效期自公司董事会审议通过之日起 12 个月内 有效，公司可在上述额度及期限内滚动使用投资额度。具体内容详见公司于 2025 年 4 月 16 日在上海证券交易所网站（www.sse.com.cn）及其他选定信息披露媒 体披露的《世运电路关于使用部分闲置募集资金进行现金管理的公告》（公告编 号：2025-025）。 一、部分闲置募集资金进行现金管理赎回的情况 2025年9月22日，公司与中信银 ...

Market Review - The Huaxia Sci-Tech AI ETF (589010) fell by 3.87% on October 17, closing at 1.368 yuan, below the moving average, indicating technical pressure [1] - The trading volume reached 283 million yuan, showing moderate increase compared to previous periods, with overall market activity remaining vibrant [1] - All 30 constituent stocks declined, reflecting a generally pessimistic sentiment in the sector, with major declines from Daotong Technology (-7.46%), Anlu Technology (-7.04%), and Chip Original Co. (-6.84%) [1] - The Robot ETF (562500) decreased by 3.55%, in line with the CSI Robot Index, which fell by 3.57% [1] - The ETF exhibited a high-open low-close pattern throughout the day, stabilizing around 0.97 yuan after breaking through short-term moving averages [1] - The trading volume was approximately 1.615 billion shares, with a turnover of about 1.6 billion yuan, indicating sustained trading activity [1] - Among the 73 constituent stocks, only 5 rose while 68 fell, with Dongjie Intelligent and Jingye Intelligent showing slight increases, while Jingpin Special Equipment, Keda Intelligent, and Yijiahe had the largest declines [1] - The manufacturing automation and intelligent equipment sectors generally retreated, with increased individual stock differentiation [1] - The net inflow of ETF shares fluctuated significantly over the past five days [1] Hot News - UBTECH recently signed a humanoid robot procurement contract worth over 32 million yuan with a well-known listed automotive technology company, with its Walker series accumulating nearly 500 million yuan in orders [2] - The series features autonomous battery swapping technology and AI dual-loop capabilities, gradually being applied in smart manufacturing and logistics [2] - Shiyun Circuit announced that it has mastered high-density interconnect PCB technology suitable for humanoid robot central domain control systems, with full-process R&D and mass production capabilities [2] - These products meet the demands for high-performance chips, multi-channel signal synchronization, and low-latency response, having improved stability through material and process optimization [2] - The company is collaborating with a leading North American humanoid robot enterprise to advance mass production preparations and has reached agreements with three domestic leading companies, with one already in small-batch supply stage [2] - Yongmaotai has formed a strategic partnership with a leading domestic humanoid robot company to jointly promote new material R&D and industry standard formulation in the actuator and joint component fields, accelerating robot technology applications in automotive scenarios, though no significant short-term impact on revenue and profit is expected [2] Institutional Views - Huaxi Securities believes that with the accelerated layout of domestic and foreign enterprises and breakthroughs in AI technology, humanoid robots are expected to reach a mass production point [3] - Driven by cost reduction demands, there is a strong domestic replacement demand for core components of humanoid robots, indicating a broad market space [3] - Domestic companies that achieve breakthroughs first are expected to benefit significantly, with a focus on the accelerated growth of domestic robots and robotic dogs driving industry chain demand [3] Popular ETFs - The Robot ETF (562500) is the only ETF in the market with a scale exceeding 20 billion yuan, offering the best liquidity and comprehensive coverage of the Chinese robot industry chain, facilitating investors' one-click layout in the sector [4] - The Huaxia Sci-Tech AI ETF (589010) represents the "brain" of robotics, with a 20% price fluctuation limit and small-cap elasticity, capturing the "singularity moment" of the AI industry [4]

Market Review - The Huaxia Sci-Tech AI ETF (589010) experienced a decline of 3.87% on October 17, closing at 1.368 yuan, below the moving average, indicating technical pressure [1] - The trading volume reached 283 million yuan, showing moderate increase compared to previous periods, with overall market activity remaining vibrant [1] - All 30 constituent stocks fell, reflecting a generally pessimistic sentiment in the sector, with notable declines from Daotong Technology (-7.46%), Anlu Technology (-7.04%), and Xinyuan Co. (-6.84%) [1] - The Robot ETF (562500) also fell by 3.55%, mirroring the decline of the CSI Robot Index (-3.57%) [1] - The ETF showed a high open and low close pattern, stabilizing around 0.97 yuan after breaking below the short-term moving average [1] - The trading volume was approximately 1.615 billion shares, with a turnover of about 1.6 billion yuan, indicating sustained trading activity [1] - Among the 73 constituent stocks, only 5 rose while 68 fell, with Dongjie Intelligent and Jingye Intelligent showing slight increases, while Jingpin Special Equipment, Keda Intelligent, and Yijiahe had the largest declines [1] - The manufacturing automation and intelligent equipment sectors generally retreated, with increased individual stock differentiation [1] - The net inflow of ETF shares fluctuated significantly over the past five days [1] Hot News - UBTECH recently signed a humanoid robot procurement contract worth over 32 million yuan with a well-known listed automotive technology company, with the Walker series accumulating nearly 500 million yuan in orders [2] - The series features autonomous battery swapping technology and AI dual-loop capabilities, gradually being applied in smart manufacturing and logistics [2] - Shiyun Circuit (603920) has mastered high-density interconnect PCB technology suitable for humanoid robot central domain control systems, with full-process R&D and mass production capabilities [2] - These products meet the demands for high-performance chips, multi-channel signal synchronization, and low-latency response, with stability improved through material and process optimization [2] - The company is collaborating with a leading North American humanoid robot enterprise to prepare for mass production and has reached agreements with three domestic leading companies, with one already in small-batch supply stage [2] - Yongmaotai (605208) has formed a strategic partnership with a leading domestic humanoid robot company to advance new material R&D and industry standard formulation in the actuator and joint component field, accelerating robot technology applications in automotive scenarios, though short-term revenue and profit impacts are expected to be minimal [2] Institutional Views - Huaxi Securities (002926) believes that with the accelerated layout of domestic and foreign enterprises and breakthroughs in AI technology, humanoid robots are expected to reach a mass production tipping point [3] - Driven by cost reduction demands, there is a strong domestic replacement demand for core components of humanoid robots, indicating a broad market space [3] - Domestic enterprises that achieve breakthroughs first are expected to benefit significantly, with a focus on the accelerated release of domestic robots and robotic dogs driving industry chain demand [3] Popular ETFs - The Robot ETF (562500) is the only ETF in the market with a scale exceeding 20 billion yuan, offering the best liquidity and comprehensive coverage of the Chinese robot industry chain, facilitating investors' one-click layout in the Chinese robot sector [4] Featured ETFs - The Huaxia Sci-Tech AI ETF (589010) is described as the "brain" of robots, with a 20% fluctuation limit and small-cap elasticity, aiming to capture the "singularity moment" of the AI industry [5]