Core Viewpoint - Aohong Electronics announced that its stock price experienced an abnormal fluctuation, with a cumulative increase of over 20% in the closing price over two consecutive trading days, but confirmed that there is no undisclosed significant information [1] Group 1 - The company reported that its production and operational activities are currently normal [1] - The stock price fluctuation occurred on June 27 and June 30, 2025 [1] - The company conducted a self-examination and inquired with its controlling shareholder and actual controller regarding any undisclosed significant information [1]

Market Overview - The A-share market saw all three major indices rise in the morning session, with the Shanghai Composite Index up 0.2%, the Shenzhen Component Index up 0.54%, and the ChiNext Index up 0.93% [1] - The total market turnover reached 932.6 billion yuan, a decrease of 81.1 billion yuan compared to the previous day, with over 3,500 stocks rising [1] Sector Performance - The gaming, military, brain-computer interface, and photolithography concept stocks led the gains, while the banking, securities, and dairy sectors experienced declines [3] - Notable stocks in the military sector included Hengyu Xintong (300965), Chenxi Aviation (300581), and Zhongbing Hongjian (000519), all of which hit the daily limit [3] - The gaming sector saw significant increases with Kaiying Network (002517) and Giant Network (002558) both reaching the daily limit [3] - Photolithography concept stocks were active, with Blue Eagle Equipment (300293) hitting the daily limit, along with Kaimete Gas (002549) and Zhongci Electronics (003031) [3] - The innovative drug sector rebounded, with Zhaoyan New Drug (603127) also hitting the daily limit [3] - The banking and securities sectors faced early declines, with Guosheng Jinkong (002670) dropping over 5% [3] Hot Stocks - The strongest sectors included new energy vehicles, military, and specialized innovative companies, with multiple stocks hitting daily limits [8][9][10] - In the new energy vehicle sector, 16 stocks reached the daily limit, with the highest consecutive limit being 9 days [8] - The military sector had 14 stocks hitting the daily limit, with the highest consecutive limit also being 9 days [9] - The specialized innovative sector had 13 stocks hitting the daily limit, with a maximum of 3 consecutive limits [10] Sector Insights - The military equipment sector is expected to benefit from increasing global military trade demand and domestic military modernization efforts, potentially leading to a dual boost in fundamentals and industry valuations [12] - The gaming sector is supported by a record number of game approvals, indicating regulatory support for healthy industry development [13] - The brain-computer interface sector is gaining attention due to advancements from Neuralink, with significant usage data reported from trial participants [14] - The digital currency sector is poised for growth as Hong Kong aims to enhance cross-border payment efficiency through stablecoins, with new regulations set to take effect [15]

Core Viewpoint - Aohong Electronics (605058) experienced a trading halt today with a daily turnover rate of 4.32% and a transaction amount of 164 million yuan, reflecting a price fluctuation of 10.50% [2] Trading Activity - The stock was listed on the Shanghai Stock Exchange due to a daily price deviation of 10.72%, with a total net purchase of 10.0761 million yuan from brokerage seats [2] - The top five brokerage seats accounted for a total transaction amount of 70.7934 million yuan, with a buying amount of 40.4347 million yuan and a selling amount of 30.3586 million yuan, resulting in a net purchase of 10.0761 million yuan [2] - The largest buying brokerage was UBS Securities Limited, Shanghai Pudong New District, with a purchase amount of 10.2273 million yuan, while the largest selling brokerage was Guotai Junan Securities Co., Ltd. headquarters, with a selling amount of 9.2163 million yuan [2] Fund Flow - The stock saw a net inflow of 27.6249 million yuan from main funds today, with a significant single net inflow of 17.0826 million yuan and a large single fund net inflow of 10.5422 million yuan [2] - Over the past five days, the net inflow of main funds totaled 13.6128 million yuan [2] Financial Performance - On April 30, the company released its Q1 report, showing a total revenue of 338 million yuan, representing a year-on-year growth of 23.17%, and a net profit of 36.6187 million yuan, reflecting a year-on-year increase of 17.25% [2]

Investment Rating - The report assigns a "Buy" rating for the company, indicating a positive outlook for its stock performance in the coming year [9]. Core Insights - The company has demonstrated strong revenue growth, with total operating income reaching 1.293 billion yuan in 2024, a year-on-year increase of 19.45%, and a net profit of 141 million yuan, up 6.45% [4]. - The launch of Nintendo's Switch 2 has exceeded expectations, with sales surpassing 3.5 million units within four days, indicating a strong market demand [5]. - The company is actively pursuing a globalization strategy to mitigate domestic price competition, achieving foreign sales of 364 million yuan, a growth of 25.09% [4]. - The demand for high-end PCB products is expected to rise due to the increasing need for computing power driven by AI applications, positioning the company favorably in this emerging market [6][8]. Summary by Sections Financial Performance - In 2024, the company achieved total operating revenue of 1.293 billion yuan and a net profit of 141 million yuan, with respective growth rates of 19.45% and 6.45% [4]. - The forecast for 2025-2027 indicates revenues of 1.854 billion yuan, 2.105 billion yuan, and 2.341 billion yuan, with EPS projected at 1.44 yuan, 1.71 yuan, and 1.96 yuan respectively [9][11]. Market Opportunities - The Switch 2's first-year sales are projected to reach 20 million units, which will benefit the company's PCB supply chain involvement [5]. - The company plans to invest 135 million yuan in a high-density interconnect (HDI) production technology upgrade project, expected to enhance its capabilities in high-end PCB manufacturing by Q1 2026 [8]. Competitive Positioning - The company is positioned to benefit from the growing demand for high-end PCBs in AI-related applications, with plans to expand its product offerings in this sector [6][9]. - The report highlights the company's strategic focus on enhancing its product penetration in emerging fields, particularly in AI computing infrastructure [8].

Core Points - The company announced a cash dividend of RMB 0.6 per share (before tax) for its shareholders [1][2] - The total cash dividend distribution amounts to RMB 85,754,370 based on a total share capital of 142,923,950 shares [1] - The dividend distribution plan was approved at the annual shareholders' meeting held on May 20, 2025 [1] Dividend Distribution Details - The cash dividend will be distributed to all shareholders registered with the China Securities Depository and Clearing Corporation Limited, Shanghai Branch, as of the close of trading on June 25, 2025 [1] - The key dates for the dividend distribution are as follows: - Record date: June 25, 2025 - Last trading day: June 26, 2025 - Ex-dividend date: June 26, 2025 [1][3] Taxation Information - For individual shareholders holding shares for more than one year, the dividend income is exempt from personal income tax; for those holding shares for one year or less, no tax will be withheld at this time [2][3] - The actual cash dividend after tax for qualified foreign institutional investors (QFII) will be RMB 0.54 per share, with a 10% corporate income tax withheld [3][4] - Other institutional investors and corporate shareholders will be responsible for declaring and paying their own taxes on the dividend income [4] Contact Information - Shareholders can inquire about the dividend distribution by contacting the company's securities department at 0519-85486158 during working days [4]

证券代码：605058 证券简称：澳弘电子 公告编号：2025-027 常州澳弘电子股份有限公司 2024年年度权益分派实施公告 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： 每股分配比例 A 股每股现金红利0.6元（含税） 相关日期 | 股份类别 | 股权登记日 | 最后交易日 | 除权（息）日 | 现金红利发放日 | | --- | --- | --- | --- | --- | | Ａ股 | 2025/6/25 | － | 2025/6/26 | 2025/6/26 | 差异化分红送转： 否 一、 通过分配方案的股东大会届次和日期 本次利润分配方案经公司2025 年 5 月 20 日的2024年年度股东大会审议通过。 二、 分配方案 截至股权登记日下午上海证券交易所收市后，在中国证券登记结算有限责任公司上海分 公司（以下简称"中国结算上海分公司"）登记在册的本公司全体股东。 3. 分配方案： 1. 发放年度：2024年年度 2. 分派对象： 三、 相关日期 本次利润分配以方案实施前的公司总股本142,9 ...

Group 1 - The company, Changzhou Aohong Electronics Co., Ltd., has received an inquiry letter from the Shanghai Stock Exchange regarding its application to issue convertible bonds to unspecified objects [1][2] - The company has responded to the inquiry letter by addressing each question raised by the Shanghai Stock Exchange and has disclosed the response on its official website [1] - The issuance of convertible bonds is subject to approval from the Shanghai Stock Exchange and the China Securities Regulatory Commission, with uncertainties regarding the approval timeline [2] Group 2 - The company emphasizes its commitment to fulfilling information disclosure obligations in accordance with relevant laws and regulations as the situation progresses [2] - The board of directors of Changzhou Aohong Electronics Co., Ltd. assures that the announcement content is truthful, accurate, and complete [1] - The announcement was made on June 7, 2025, by the board of directors of the company [4]

上海市锦天城律师事务所 关于常州澳弘电子股份有限公司 向不特定对象发行可转换公司债券的 补充法律意见书（一） 地址：上海市浦东新区银城中路 501 号上海中心大厦 9/11/12 层 电话：021-20511000 传真：021-20511999 邮编：200120 | 声明事项 | | 1 | | --- | --- | --- | | 释 | 义 | 4 | | 正 | 文 | 6 | | 一、《审核问询函》第 | | 1 题：关于本次募投项目及境外项目管控风险 6 | | 二、《审核问询函》第 | | 3 题：关于前次募集资金情况 26 | | 三、《审核问询函》第 | | 5.2 题：关于其他 36 | 上海市锦天城律师事务所 关于常州澳弘电子股份有限公司 三、本补充法律意见书中，本所及本所经办律师认定某些事件是否合法有效是以 该等事件所发生时应当适用的法律、法规、规章及规范性文件为依据。 向不特定对象发行可转换公司债券的 补充法律意见书（一） 致：常州澳弘电子股份有限公司 上海市锦天城律师事务所（以下简称"本所"）接受常州澳弘电子股份有限公司 （以下简称"发行人"或"公司"或"澳弘电子"）的委托，并 ...

股票简称：澳弘电子 股票代码：605058 常州澳弘电子股份有限公司 与 国金证券股份有限公司 关于 《关于常州澳弘电子股份有限公司向不 特定对象发行可转换公司债券申请文件 的审核问询函》之回复 保荐人（主承销商） （注册地址：成都市青羊区东城根上街95号） 二〇二五年六月 常州澳弘电子股份有限公司向不特定对象发行可转换公司债券 审核问询回复 上海证券交易所： 贵所于 2025 年 4 月 28 日出具的《关于常州澳弘电子股份有限公司向不特定对 象发行可转换公司债券申请文件的审核问询函》（上证上审（再融资）〔2025〕130 号）（以下简称"《审核问询函》"）已收悉。常州澳弘电子股份有限公司（以下 简称"澳弘电子"、"发行人"或"公司"）会同国金证券股份有限公司（以下简 称"国金证券"或"保荐机构"）、容诚会计师事务所（特殊普通合伙）（以下简 称"容诚"或"申报会计师"）、上海市锦天城律师事务所（以下简称"锦天城" 或"发行人律师"），对《审核问询函》所列问题进行了逐项落实、核查，现回复 如下，请予审核。 如无特别说明，本《审核问询函》回复中的简称或名词的释义与《常州澳弘电 子股份有限公司向不特定对象发行可转 ...

关于常州澳弘电子股份有限公司 向不特定对象发行可转换公司债券申请文件的 审核问询函中有关财务会计问题的专项说明 容诚专字[2025]518Z0554 号 容诚会计师事务所(特殊普通合伙) 中国·北京 容诚会计师事务所（特殊普通合伙） 总所：北京市西城区阜成门外大街22号 1幢10层1001-1 至 1001-26 (100037) TEL:010-6600 1391 FAX:010-6600 1392 E-mail:bj@rsmchina.com.cn https://www.rsm.global/china/ 关于常州澳弘电子股份有限公司 向不特定对象发行可转换公司债券申请文件的审核问询函 中有关财务会计问题的专项说明 容诚专字[2025]518Z0554号 上海证券交易所： 贵所于 2025 年 4 月 28 日出具的《关于常州澳弘电子股份有限公司向不特定对 象发行可转换公司债券申请文件的审核问询函》（上证上审（再融资）〔2025〕130 号）（以下简称"《审核问询函》"）的要求，容诚会计师事务所（特殊普通合伙） （以下简称"容诚"或"申报会计师"）对问询函中提到的需要申报会计师说明或 发表意见的问题进行 ...