10月17日，柏楚电子跌5.06%，截至发稿，报138.20元/股，成交2.75亿元，换手率0.68%，总市值399.02 亿元。 责任编辑：小浪快报 泓德量化精选混合（006336）基金经理为张天洋。 截至发稿，张天洋累计任职时间3年264天，现任基金资产总规模1.47亿元，任职期间最佳基金回报 42.25%， 任职期间最差基金回报-38.09%。 风险提示：市场有风险，投资需谨慎。本文为AI大模型自动发布，任何在本文出现的信息（包括但不 限于个股、评论、预测、图表、指标、理论、任何形式的表述等）均只作为参考，不构成个人投资建 议。 从基金十大重仓股角度 数据显示，泓德基金旗下1只基金重仓柏楚电子。泓德量化精选混合（006336）二季度持有股数1.14万 股，占基金净值比例为1.16%，位居第三大重仓股。根据测算，今日浮亏损失约8.39万元。 泓德量化精选混合（006336）成立日期2019年9月6日，最新规模1.3亿。今年以来收益26.09%，同类排 名3421/8160；近一年收益36.34%，同类排名2398/8021；成立以来收益76.24%。 资料显示，上海柏楚电子科技股份有限公司位于上海市闵行区 ...

10月14日，柏楚电子跌5.16%，截至发稿，报146.75元/股，成交3.21亿元，换手率0.74%，总市值423.71 亿元。 资料显示，上海柏楚电子科技股份有限公司位于上海市闵行区兰香湖南路1000号，成立日期2007年9月 11日，上市日期2019年8月8日，公司主营业务涉及激光切割控制系统的研发、生产和销售。主营业务收 入构成为：平面解决61.36%，管材解决21.43%，其他14.09%，三维解决3.11%。 从柏楚电子十大流通股东角度 数据显示，华夏基金旗下1只基金位居柏楚电子十大流通股东。华夏上证科创板50成份ETF（588000） 二季度增持171.5万股，持有股数634.79万股，占流通股的比例为2.2%。根据测算，今日浮亏损失约 5065.61万元。 华夏上证科创板50成份ETF（588000）成立日期2020年9月28日，最新规模833.43亿。今年以来收益 48.27%，同类排名679/4220；近一年收益63.6%，同类排名429/3857；成立以来收益7.39%。 华夏上证科创板50成份ETF（588000）基金经理为荣膺、赵宗庭。 赵宗庭累计任职时间8年183天，现任基金资产总 ...

法律意见书 地址：上海市浦东新区银城中路 501 号上海中心大厦 11/12 楼 电话：021-20511000 传真：021-20511999 邮编：200120 上海市锦天城律师事务所 法律意见书 上海市锦天城律师事务所 关于上海柏楚电子科技股份有限公司 2025 年第一次临时股东大会的 上海市锦天城律师事务所 关于上海柏楚电子科技股份有限公司 2025 年第一次临时股东大会的 法律意见书 致：上海柏楚电子科技股份有限公司 上海市锦天城律师事务所（以下简称"本所"）接受上海柏楚电子科技股份 有限公司（以下简称"公司"）委托，就公司召开 2025 年第一次临时股东大会 （以下简称"本次股东大会"、"本次会议"）的有关事宜，根据《中华人民共 和国公司法》（以下简称"《公司法》"）、《上市公司股东会规则》等法律、 法规、规章和其他规范性文件以及《上海柏楚电子科技股份有限公司章程》（以 下简称"《公司章程》"）的有关规定，出具本法律意见书。 为出具本法律意见书，本所及本所律师依据《律师事务所从事证券法律业务 管理办法》和《律师事务所证券法律业务执业规则（试行）》等规定，严格履行 了法定职责，遵循了勤勉尽责和诚实信 ...

证券代码：688188 证券简称：柏楚电子 公告编号：2025-044 上海柏楚电子科技股份有限公司 2025年第一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： 本次会议是否有被否决议案：无 一、 会议召开和出席情况 （一） 股东大会召开的时间：2025 年 10 月 13 日 （二） 股东大会召开的地点：上海市闵行区兰香湖南路 1000 号上海柏楚电子科 技股份有限公司会议室 （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： 表决情况： | 1、出席会议的股东和代理人人数 | 250 | | --- | --- | | 普通股股东人数 | 250 | | 2、出席会议的股东所持有的表决权数量 | 227,068,912 | | 普通股股东所持有表决权数量 | 227,068,912 | | 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 | 78.6440 | | 例（%） | | | 普通股股东所持有表决权数量占公司表决权数 ...

Investment Rating - The report maintains a "Recommended" rating for the industry [4] Core Insights - The report highlights the significant impact of U.S. tariffs and export controls on Chinese products, particularly in the software and hardware sectors, emphasizing the need for domestic innovation and self-reliance [1] - The Chinese government is actively promoting domestic products through favorable procurement policies, including a 20% price deduction for local products in competitive bidding [1] - The report indicates that the domestic chip industry is gaining traction, particularly in the financial sector, with major projects like the Industrial and Commercial Bank of China's procurement of Huaguang chip servers valued at approximately 3 billion yuan [1] - The report notes a substantial increase in domestic server procurement by China Unicom, with 90.1% of the servers being domestically produced, reflecting a strong trend towards localization [2] - The report anticipates a turning point for the domestic innovation industry (Xinchang) driven by supportive policies and improving performance of listed companies in the sector [2][3] Summary by Sections - **Policy Support**: The government emphasizes high-level technological self-reliance as a key development focus, aiming to enhance core technology research and innovation capabilities [2] - **Market Performance**: Several listed companies in the Xinchang sector have shown improved performance compared to the previous year, indicating a positive outlook for the industry [3] - **Investment Recommendations**: The report suggests focusing on key players in the Xinchang sector, including China Software, Dameng Data, and others, as well as leaders in specific sub-sectors like industrial software and the Harmony OS ecosystem [3]

Investment Rating - The report maintains an "Outperform" rating for the mechanical industry [4]. Core Views - The report emphasizes investment opportunities in AI infrastructure, humanoid robots, and import substitution, focusing on companies with strong fundamentals and technological capabilities [2][24]. - The mechanical industry is experiencing a structural upgrade driven by domestic industrial advancements and increasing global competitiveness [16][20]. Summary by Sections Market Overview - In September, the mechanical industry index rose by 5.29%, outperforming the CSI 300 index by 2.09 percentage points [12]. - The TTM P/E and P/B ratios for the mechanical industry are approximately 38.26 and 3.12, respectively, showing a quarter-on-quarter increase [12]. - The manufacturing PMI for September was reported at 49.80%, with the equipment manufacturing PMI at 51.90%, indicating a positive trend [12][19]. Key Investment Directions - **AI Infrastructure**: The report highlights significant investments in AI infrastructure, particularly in AI liquid cooling systems, gas turbines, and cooling units, driven by demand for computational power [25]. - **Humanoid Robots**: The humanoid robot sector is moving towards commercialization, with several manufacturers receiving large orders, indicating a growing market [3][25]. - **Import Substitution**: The report suggests focusing on companies that are positioned well in the import substitution space, particularly those with strong fundamentals and market positions [24][28]. Recommended Companies - Key recommended companies include: - **AI Infrastructure**: Feirongda, Gaolan Co., Tongfei Co., Nanfeng Co., and Yidong Electronics [25][29]. - **Humanoid Robots**: Feirongda, Longxi Co., Weiman Sealing, Hengli Hydraulic, and Huichuan Technology [3][29]. - **General Recommendations**: Huace Detection, Guangdian Measurement, Yizhiming, and others [24][32]. Performance Forecast - The report provides a performance forecast for key companies, indicating resilience in operations with expected revenue and profit growth across various sectors [33].

Core Viewpoint - The stock of Shanghai Bichu Electronics Co., Ltd. has shown a positive trend with a year-to-date increase of 12.38% and a recent rise of 5.94% over the last five trading days, indicating strong market performance and investor interest [1][2]. Financial Performance - For the first half of 2025, Bichu Electronics reported a revenue of 1.103 billion yuan, representing a year-on-year growth of 24.89% [2]. - The net profit attributable to shareholders for the same period was 640 million yuan, reflecting a year-on-year increase of 30.32% [2]. - Cumulative cash dividends since the company's A-share listing amount to 1.522 billion yuan, with 1.126 billion yuan distributed over the past three years [2]. Stock Market Activity - As of September 30, the stock price was 154.19 yuan per share, with a market capitalization of 44.519 billion yuan [1]. - The trading volume on that day was 157 million yuan, with a turnover rate of 0.36% [1]. - The net outflow of main funds was 16.7735 million yuan, while large orders accounted for significant buy and sell activities [1]. Shareholder Structure - As of June 30, the number of shareholders increased to 7,925, with an average of 36,390 circulating shares per person, marking a 34.81% increase [2]. - Major shareholders include Hong Kong Central Clearing Limited and various ETFs, indicating a diversified institutional interest [2]. Business Overview - Bichu Electronics specializes in the research, development, production, and sales of laser cutting control systems, with its main revenue sources being flat solutions (61.36%), pipe solutions (21.43%), and others [1]. - The company is categorized under the computer equipment sector, specifically in the subcategory of other computer devices [1].

Core Viewpoint - The stock of Shanghai Bichu Electronics Co., Ltd. has shown fluctuations in trading, with a recent decline of 2.03% and a total market capitalization of 43.928 billion yuan, while the company has experienced a year-to-date stock price increase of 11.01% [1] Financial Performance - For the first half of 2025, Bichu Electronics reported a revenue of 1.103 billion yuan, representing a year-on-year growth of 24.89%, and a net profit attributable to shareholders of 640 million yuan, which is a 30.32% increase compared to the previous year [2] - Cumulative cash dividends since the A-share listing amount to 1.522 billion yuan, with 1.126 billion yuan distributed over the last three years [3] Shareholder Information - As of June 30, 2025, the number of shareholders increased by 4.13% to 7,925, with an average of 36,390 circulating shares per person, up by 34.81% [2] - The top ten circulating shareholders include Hong Kong Central Clearing Limited, which holds 18.9249 million shares, an increase of 4.7564 million shares from the previous period [3]

Core Points - The announcement details the first vesting results and stock listing of the 2024 restricted stock incentive plan of Shanghai Bichu Electronics Technology Co., Ltd. [1] - A total of 338,688 shares will be listed for trading on September 30, 2025, as part of the stock incentive program [2][4][13]. Group 1: Stock Incentive Plan Details - The stock listing type is for equity incentive shares, with a total of 338,688 shares available for trading [2][3]. - The decision-making process for the stock incentive plan involved multiple meetings of the board and supervisory committee, with independent directors providing consent [5][6][10]. - The stock incentive plan was publicly disclosed and approved by shareholders during a special meeting [7][8]. Group 2: Vesting and Stock Distribution - The vesting of the restricted stock involves 24 individuals as incentive recipients [13]. - The total number of shares after the vesting will increase the company's total share capital from 288,391,239 shares to 288,729,927 shares [16]. - The company received a total of RMB 22,031,654.40 from the incentive recipients, with RMB 338,688 allocated to share capital and the remainder to capital reserves [17]. Group 3: Financial Impact - The newly vested shares represent approximately 0.1174% of the total shares before vesting, which is not expected to significantly impact the company's financial results [19]. - The company's net profit for the first half of 2025 was reported at RMB 640,116,587.06, with a basic earnings per share of RMB 2.22 [19].

Core Points - The company, 柏楚电子, announced the results of the first vesting period for its 2024 restricted stock incentive plan [1] - The total number of shares available for circulation in this stock listing is 338,688 shares [1] - The stock listing date for circulation is set for September 30, 2025 [1] Summary by Categories Stock Incentive Plan - The stock listing type is categorized as equity incentive shares [1] - The method of stock subscription is offline [1] Stock Details - The total number of shares for circulation is 338,688 [1] - The circulation date for the shares is September 30, 2025 [1]