本公司董事会及全体董事保证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、准确性和完整性依法承担法律责任。 重要内容提示： ● 本次会议是否有被否决议案：无 生益电子股份有限公司 2025年第二次临时股东大会决议公告 证券代码：688183 证券简称：生益电子 公告编号：2025-070 注：截至本次股东大会股权登记日，公司总股本为831,821,175股，其中，公司回购专户中股份数为 8,234,269股，回购专户中股份不具有股东大会表决权。 （四）表决方式是否符合《公司法》及公司章程的规定，大会主持情况等。 本次会议由董事会召集，会议采取现场投票和网络投票相结合的表决方式。会议由董事长邓春华主持， 本次股东大会的召集和召开程序、出席会议人员的资格和召集人资格、会议的表决程序和表决结果均符 合《公司法》、《证券法》及《公司章程》的规定。 （五）公司董事、监事和董事会秘书的出席情况 1、公司在任董事9人，出席9人，全部董事出席会议； 2、公司在任监事3人，出席3人，全部监事出席会议； 一、会议召开和出席情况 （一）股东大会召开的时间：2025年11月14日 （二）股东大会召开的地点： ...

证券代码：688183 证券简称：生益电子 公告编号：2025-071 生益电子股份有限公司 关于公司非独立董事离任暨选举 职工董事的公告 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： 生益电子股份有限公司（以下简称"公司"）董事会近日收到公司董事陈正清先生的书面辞职报告，因工 作原因，陈正清先生申请辞去公司第三届董事会董事职务，根据《公司法》《公司章程》等有关规定， 陈正清先生的辞任自公司收到辞职报告之日生效。辞任后，陈正清先生将继续担任公司副总经理、吉安 生益电子有限公司董事、生益电子（香港）有限公司董事、生益电子（国际）有限公司董事、生益电子 （海外）有限公司董事、生益电子（泰国）有限公司签字董事。 2025年11月13日公司召开职工代表大会选举陈笑林先生为第三届董事会职工代表董事，任期自公司2025 年第二次临时股东大会审议通过《关于取消监事会并修订〈公司章程〉的议案》之日起至公司第三届董 事会任期届满。 一、董事离任情况 (一)提前离任的基本情况 ■ (二)离任对公司的影响 陈正清先生不存在未履行完 ...

证券日报网讯 11月14日晚间，生益电子发布公告称，公司董事会近日收到公司董事陈正清先生的书面 辞职报告，因工作原因，陈正清先生申请辞去公司第三届董事会董事职务，根据有关规定，陈正清先生 的辞任自公司收到辞职报告之日生效。辞任后，陈正清先生将继续担任公司副总经理、吉安生益电子有 限公司董事、生益电子（香港）有限公司董事、生益电子（国际）有限公司董事、生益电子（海外）有 限公司董事、生益电子（泰国）有限公司签字董事。2025年11月13日公司召开职工代表大会选举陈笑林 先生为第三届董事会职工代表董事，任期自公司2025年第二次临时股东大会审议通过《关于取消监事会 并修订的议案》之日起至公司第三届董事会任期届满。 （文章来源：证券日报） ...

重要内容提示： 生益电子股份有限公司（以下简称"公司"）董事会近日收到公司董事陈正 清先生的书面辞职报告，因工作原因，陈正清先生申请辞去公司第三届董事会董 事职务，根据《公司法》《公司章程》等有关规定，陈正清先生的辞任自公司收 到辞职报告之日生效。辞任后，陈正清先生将继续担任公司副总经理、吉安生益 电子有限公司董事、生益电子（香港）有限公司董事、生益电子（国际）有限公 司董事、生益电子（海外）有限公司董事、生益电子（泰国）有限公司签字董事。 2025 年 11 月 13 日公司召开职工代表大会选举陈笑林先生为第三届董事会 职工代表董事，任期自公司 2025 年第二次临时股东大会审议通过《关于取消监 事会并修订<公司章程>的议案》之日起至公司第三届董事会任期届满。 证券代码：688183 证券简称：生益电子 公告编号：2025-071 生益电子股份有限公司 关于公司非独立董事离任暨选举职工董事的公告 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。 | （国际）有限公司董事、生 | | --- | | 益电子（海外）有限公司董 | ...

法律意见书 广州市天河区珠江东路 32 号利通广场 29 层 邮编：510623 29/F, Lea Top Plaza, 32#Zhujiang East Road, Tianhe District, Guangzhou, 510623 电话/TEL：（8620) 37392666 传真/FAX：（8620) 37392826 网址/WEB：www.kangdalawyers.com 北京 西安 深圳 海口 上海 广州 杭州 沈阳 南京 天津 菏泽 成都 苏州 呼和浩特 香港 武汉 郑州 长沙 厦门 重庆 合肥 宁波 济南 昆明 南昌 北京市康达（广州）律师事务所 关于生益电子股份有限公司 2025 年第二次临时股东大会的法律意见书 康达(广州)股会字【2025】第 0057 号 致：生益电子股份有限公司 北京市康达（广州）律师事务所（下称"本所"）接受生益电子股份有限公 司（下称"生益电子"或"公司"）委托，指派律师出席公司 2025 年第二次临 时股东大会。根据《中华人民共和国公司法》（下称"《公司法》"）、《中华 人民共和国证券法》（下称"《证券法》"）、《上市公司股东会规则》（下称 "《股东会规则》 ...

本次会议是否有被否决议案：无 证券代码：688183 证券简称：生益电子 公告编号：2025-070 生益电子股份有限公司 2025年第二次临时股东大会决议公告 本公司董事会及全体董事保证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、准确性和完整性依法承担法律责任。 重要内容提示： 一、 会议召开和出席情况 （一） 股东大会召开的时间：2025 年 11 月 14 日 （二） 股东大会召开的地点：广东省东莞市东城区同沙科技工业园同振路 33 号生益电子股份有限公司研发中心会议室 （三） 出席会议的普通股股东、特别表决权股东、恢复表决权的优先股股东及 其持有表决权数量的情况： | 1、出席会议的股东和代理人人数 | 145 | | --- | --- | | 普通股股东人数 | 145 | | 2、出席会议的股东所持有的表决权数量 | 635,625,237 | | 普通股股东所持有表决权数量 | 635,625,237 | | 3、出席会议的股东所持有表决权数量占公司表决权数量的比例 | 77.1777 | | （%） | | | 普通股股东所持有表决权数量占公司表决权数量的比例（ ...

Core Insights - The overall performance of companies listed on the Sci-Tech Innovation Board (STAR Market) has shown a strong rebound in the first three quarters, with a significant year-on-year net profit growth of 75% in Q3 [2] - The focus on "hard technology" has led to increased R&D investments, particularly in key industries such as integrated circuits, artificial intelligence, and biomedicine, contributing to the foundation for high-level technological self-reliance [2] Performance Overview - In the first three quarters, STAR Market companies achieved a total revenue of 1.11 trillion yuan, a year-on-year increase of 7.9%, and a net profit of 49.268 billion yuan, up 8.9% [2] - Excluding four leading photovoltaic companies, overall revenue and net profit growth rates were 14.6% and 30.6%, respectively, indicating an amplified growth momentum [2] - Over 70% of companies reported revenue growth, and nearly 60% saw net profit increases, with 158 companies experiencing net profit growth exceeding 50% [2] Industry Highlights - The STAR Market's top enterprises and growth-oriented companies complement each other well, with the Sci-Tech 50 Index companies accounting for 46% of revenue and 50% of net profit [3] - The Sci-Tech 100 Index companies demonstrated high growth elasticity, with revenue and net profit increasing by 12% and 134%, respectively, becoming the "vanguard" of performance growth [3] R&D Investment - Total R&D investment by STAR Market companies reached 119.745 billion yuan, 2.4 times the net profit, with a median R&D intensity of 12.4%, leading A-share sectors [4] - The biomedicine sector saw revenue growth of 11% and net profit growth of 48%, driven by the rapid commercialization of innovative drugs [4] - Nine first-class new drugs were approved for market entry during the reporting period, with significant international business development transactions totaling over 13 billion USD [4] Growth of Emerging Companies - 35 unprofitable companies in the Sci-Tech Growth Layer reported a revenue increase of 39% and a significant reduction in net losses by 65% [5] - These companies are focusing on R&D with a median R&D intensity of 44.3%, indicating a promising development trend [5] Competitive Advantages in Key Industries - The integrated circuit industry, crucial for technological self-reliance, saw 121 related companies achieve a revenue growth of 25% and a net profit growth of 67% [6] - Major players like SMIC and Huahong Semiconductor maintained high capacity utilization rates, with record sales revenue [6] - The AI industry has emerged as a new growth pillar, with significant revenue increases across the supply chain, particularly in computing and data transmission sectors [7] Renewable Energy Sector - In the photovoltaic sector, 17 related companies significantly reduced their net losses by 28% [7] - The lithium battery industry experienced a revenue growth of 7% and a net profit of 1.02 billion yuan, marking a return to profitability [7]

Investment Rating - The investment rating for the company is "Buy" and is maintained [6]. Core Insights - In the first three quarters of 2025, the company achieved operating revenue of 6.829 billion yuan, a year-on-year increase of 114.79%, and a net profit attributable to the parent company of 1.115 billion yuan, a year-on-year increase of 497.61%. The gross margin and net margin were 31.98% and 16.32%, respectively [2][4]. - For Q3 2025, the company reported operating revenue of 3.060 billion yuan, a year-on-year increase of 153.71% and a quarter-on-quarter increase of 39.78%. The net profit attributable to the parent company was 584 million yuan, a year-on-year increase of 545.95% and a quarter-on-quarter increase of 76.84%. The gross margin and net margin for this quarter were 33.93% and 19.09%, respectively [2][4]. - The company is focusing on high-end AI fields, significantly upgrading its product structure. The demand for AI servers and high-performance computing is driving growth, with notable performance in HDI and high-layer boards. The company is actively developing more AI server products in collaboration with terminal customers [6]. - The company is rapidly expanding high-end production capacity and continuously optimizing its product structure. It is enhancing production capabilities through key equipment upgrades and has successfully scaled production of high-end products such as HDI and optical modules [6]. - The company has invested 1.9 billion yuan in a smart manufacturing project for high-layer circuit boards, targeting the mid-to-high-end market for servers and AI computing. The project aims for an annual production capacity of 700,000 square meters of printed circuit boards, with the first phase expected to begin trial production in 2026 [6]. - The company has a strong R&D capability with over 30 years of investment, leading to industry-leading technology levels in the PCB sector. It has successfully developed products for several server clients, including Amazon, and is entering mass production for AI-related mainboards and accelerator cards [6]. - The projected net profits for 2025, 2026, and 2027 are 1.647 billion yuan, 2.390 billion yuan, and 3.219 billion yuan, respectively, with corresponding PE ratios of 49.03, 33.79, and 25.09 [6].

Core Insights - The PCB industry is experiencing unprecedented growth opportunities driven by the AI wave, with new policies aimed at promoting high-end, green, and intelligent transformation [1] - The demand for AI servers and high-speed networks is significantly boosting the high-end PCB market, with substantial projected growth rates for specific PCB products [1] - The financial performance of PCB companies reflects this market boom, with notable revenue and profit increases across the sector [3][4] Industry Overview - The Ministry of Industry and Information Technology has solicited opinions on a draft regulation to eliminate outdated capacity and encourage technological innovation in the PCB industry [1] - According to Prismark, the market for 18-layer and above high multilayer boards and HDI boards is expected to grow by 40.3% and 18.8% year-on-year in 2024, respectively [1] - The annual compound growth rate for AI server-related HDI from 2023 to 2028 is projected to be 16.3%, marking it as the fastest-growing segment in the AI server PCB market [1] Company Performance - A total of 44 listed PCB companies in A-shares reported a combined revenue of 216.19 billion yuan, a year-on-year increase of 25.36%, and a net profit of 20.86 billion yuan, with a growth rate of 62.15% [3] - Over 75% of these companies reported a year-on-year increase in net profit, with four companies successfully turning losses into profits [3] - Leading company Shengyi Technology saw a remarkable revenue increase of 114.79% and a net profit surge of 497.61% in the first three quarters [3] - Another company, Xingsen Technology, reported over 23% revenue growth and is expanding its production capacity [3] Capital Market Interest - As of the end of Q3, 13 PCB concept stocks were heavily held by QFII, with a total market value of 16.635 billion yuan [4] - Shengyi Technology had a QFII holding ratio of 12.32%, with a market value of 15.936 billion yuan, indicating strong foreign investor confidence [4] - Other companies like Jingwang Electronics and Junya Technology also attracted QFII investments, with notable foreign institutions among their top shareholders [4]

Core Insights - The Ministry of Industry and Information Technology (MIIT) is seeking public opinion on the management measures for the printed circuit board (PCB) industry, focusing on eliminating outdated capacity, encouraging technological innovation, and clarifying technical indicators to promote high-end, green, and intelligent development of the industry [1][4]. Market Expansion - The PCB market is experiencing significant expansion driven by AI demand, with high-end product output value increasing substantially [2][3]. - According to Prismark, the output value of high-layer boards (18 layers and above) and HDI boards is expected to grow by 40.3% and 18.8% year-on-year in 2024, respectively, fueled by strong demand from AI servers and high-speed networks [3]. Industry Performance - In the first three quarters of the year, the PCB industry in the A-share market, comprising 44 listed companies, reported a total revenue of 216.19 billion yuan, a year-on-year increase of 25.36%, and a net profit attributable to shareholders of 20.86 billion yuan, up 62.15% [4]. - Notably, 75% of the companies reported a year-on-year increase in net profit, with significant growth from companies like Shengyi Technology and Nanya New Material, both exceeding 100% growth [4]. Company Highlights - Shengyi Technology reported a revenue of 6.83 billion yuan, a year-on-year increase of 114.79%, and a net profit of 1.12 billion yuan, up 497.61% [4]. - Xingsen Technology achieved the fastest revenue growth among the companies, reaching 5.37 billion yuan, a 23.48% increase year-on-year, and is expanding its capacity in CSP packaging substrates [5]. Foreign Investment - As of the end of the third quarter, several PCB stocks have attracted foreign investment, with QFII holding a total market value of 16.635 billion yuan in 13 stocks [6]. - Shengyi Technology leads in QFII holdings with a market value of 15.936 billion yuan, followed by Jingwang Electronics and Junya Technology [6].