统联精密公告，公司股票交易连续三个交易日内日收盘价格涨幅偏离值累计超过30%，属于股票交易异 常波动。据悉，近日人形机器人行业传出消息，人形机器人的微型零部件可能采用MIM零部件。截至 目前，公司并未产生与人形机器人相关的收入，也尚未收到明确的订单需求。 ...

Economic News - The construction of the Yarlung Zangbo River hydropower project has officially commenced, signaling a strong commitment from the central government to enhance clean energy development and improve local livelihoods while addressing climate change [5][6][8] - The National Energy Administration has noted a generally loose coal supply and demand situation this year, with prices continuing to decline, prompting regulatory measures to stabilize the coal market [1][4] - The Ministry of Commerce has released a list of prohibited and restricted import and export goods for the Hainan Free Trade Port, aiming to facilitate its construction [4] Company Insights - Huadong Medicine's subsidiary has received FDA approval for a new drug application for injectable caspofungin, aligning with the company's strategy for internationalization in the pharmaceutical sector [4] - Jinlong Co. has signed a letter of intent to acquire a 29.3151% stake in Shenzhen Benmao Technology, which reported total assets of 1.978 billion yuan and a net profit of 53.62 million yuan for 2024 [4] - Guizhou Moutai has established a joint venture for a scientific research institute, contributing 490 million yuan in cash and equipment [4] Investment Recommendations - The report highlights several stocks as potential investment opportunities, including China Power Construction, Gotion High-tech, and Yili Group, among others, indicating a focus on companies that are likely to benefit from ongoing infrastructure and energy projects [3][10] - The Yarlung Zangbo River hydropower project is expected to significantly boost demand for construction materials, particularly cement and steel, benefiting local companies in Tibet [9][10] Industry Analysis - The Yarlung Zangbo River hydropower project represents a massive investment of 1.2 trillion yuan, which is projected to have a substantial positive impact on GDP and related industries [8][9] - The construction of this project is anticipated to create significant demand for high-quality products and advanced equipment across various sectors, including hydropower engineering and construction materials [9][10] - The report emphasizes the importance of long-term strategic projects in stabilizing the economy and enhancing domestic demand, particularly in the context of external uncertainties and real estate market challenges [6][7][8]

Economic News - In June, the total electricity consumption in China reached 867 billion kWh, a year-on-year increase of 5.4% [1] - The People's Bank of China announced that the 5-year LPR remains at 3.5% and the 1-year LPR at 3% [1] - The U.S. government is reviewing contracts between SpaceX and federal agencies due to concerns over potential waste in multi-billion dollar deals [1] - The Ministry of Transport reported that several key indicators of the "14th Five-Year Plan" have been completed ahead of schedule, including highway mileage and urban rail transit [1] - E-commerce in China saw a growth of 8.5% in online retail sales from January to June 2025, with significant increases in digital products and home appliances [1] - The Ministry of Industry and Information Technology is set to release a plan to stabilize growth in ten key industries, including steel and non-ferrous metals [1] - The European Investment Bank will launch a financing support plan totaling €4.25 billion for renewable energy and green technology investments in EU countries [1] Company News - Yushutech has begun its IPO counseling process with CITIC Securities as the advisor, aiming to submit its application by October 2025 [4] - Suzhou Goodark has been established in Singapore with an investment of approximately 8 million RMB for electronic materials and solar cell production [4] - Hongxin Technology signed contracts with a leading domestic flying car company for the development and procurement of components, which is expected to positively impact its performance [4] - Rainbowsoft's chairman proposed a cash dividend plan for 2025, suggesting a distribution of no less than 60% of the net profit attributable to shareholders [4] - Changyingtong expects revenue between 173 million to 211 million RMB for the first half of 2025, with a significant increase in net profit due to rising demand for optical fiber devices [4] Retail Industry - In June 2025, the total retail sales of consumer goods grew by 4.8% year-on-year, with a slowdown attributed to the earlier "618" shopping festival and weaker restaurant sales [5][6] - Essential consumption remains stable, while optional categories show a slowdown in recovery, with food and daily necessities performing well [6] - Home appliances and furniture sales saw significant growth, with home appliances up 32.4% and furniture up 28.7% year-on-year, driven by government policies [7] - Online retail sales increased by 8.5% in the first half of 2025, with physical goods online sales growing by 6.0%, indicating a steady growth in online consumption [8] - The retail market is expected to continue its recovery, with a focus on durable goods benefiting from policy support and consumer preferences for high-cost performance products [8]

证券代码：688210 证券简称：统联精密 公告编号：2025-046 关于 2024 年年度权益分派实施后调整回购价格上限的公告 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、准确性和完整性依法承担法律责任。 重要内容提示： 公司于 2024 年 11 月 4 日召开第二届董事会第十二次会议，审议通过了《关 于以集中竞价交易方式回购公司股份方案的议案》，同意公司使用自有资金和或 股票回购专项贷款资金（包括中国建设银行股份有限公司深圳市分行回购专项贷 款）以集中竞价交易方式回购公司已发行的部分人民币普通股 A 股股票，回购的 股份将在未来适宜时机用于员工持股计划或股权激励，回购价格不超过 30.30 元/ 股（含），回购资金总额不低于人民币 5,000 万元（含），不超过人民币 10,000 万元（含），回购期限为自董事会审议通过本次回购方案之日起 12 个月内，具体 内容详见公司分别于 2024 年 11 月 6 日、2024 年 11 月 12 日披露在上海证券交易 所网站（www.sse.com.cn）的《关于以集中竞价交易方式回购公司股份方案的公 ...

证券代码：688210 证券简称：统联精密 公告编号：2025-046 深圳市泛海统联精密制造股份有限公司 关于 2024 年年度权益分派实施后调整回购价格上限的公告 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、准确性和完整性依法承担法律责任。 重要内容提示： 本次权益分派股权登记日为 2025 年 7 月 9 日，除权（息）日为 2025 年 7 月 10 日。截至本公告披露日，公司 2024 年年度权益分派已实施完毕。具体内容详 见公司于 2025 年 7 月 4 日在上海证券交易所网站（www.sse.com.cn）披露的 《2024 年年度权益分派实施公告》（公告编号：2025-033）。 根据公司《回购报告书》，如公司在回购期限内实施了资本公积金转增股本、 现金分红、派送股票红利、配股、股票拆细或缩股等除权除息事项，公司将按照 中国证监会及上海证券交易所的相关规定，对回购价格上限进行相应调整。 三、本次回购股份价格上限的调整 深圳市泛海统联精密制造股份有限公司（以下简称"公司"）（以下简称 "公司"）2024 年年度权益分派实施后，公司以集中 ...

Group 1: Tonglian Precision - Tonglian Precision anticipates fluctuations in gross margin in Q1 2025 due to seasonal demand variations leading to low capacity utilization, with new investments not effectively diluting costs [1] - The company is increasing R&D investments in new materials, equipment, and processes to promote diversified business development, having gained small-scale production experience in 3D printing [1] - Major clients are concentrated in the consumer electronics sector, including brands like Apple and Amazon, with rapid growth in non-MIM business driven by diversified customer demand and technical breakthroughs [1] - The company expects share-based payment expenses to remain stable compared to 2024, with no new equity incentive plans [1] - Production bases are located in Shenzhen, Huizhou, Changsha, and Vietnam, with the Changsha base gradually commencing production and future expansions based on demand [1] - The company is optimistic about the smart glasses market and has reserved customer resources while laying out MIM and CNC processes [1] Group 2: Copper Crown Copper Foil - Copper Crown Copper Foil has a total copper foil production capacity of 80,000 tons per year, covering PCB copper foil and lithium battery copper foil [2] - The PCB copper foil includes HTE copper foil and high-frequency high-speed copper foil, with high-frequency high-speed copper foil expected to account for 25.33% in 2024, while over 95% of lithium battery copper foil is 6um and below [2] - The company employs a 'copper price + processing fee' pricing model and engages in hedging to mitigate risks, with strategic customers using a 'monthly average price model' [2] - HVLP copper foil features low loss characteristics and is applied in 5G communications, having entered the supply chains of multiple CCL manufacturers with 1-4 generation production capabilities [2] - The company has multiple complete production lines and has purchased surface treatment machines to expand capacity, facing challenges such as precision equipment, long ordering cycles, complex processes, high precision requirements, and stringent customer certification [2] - The HVLP copper foil market is dominated by overseas companies, with imports of 79,000 tons in 2023 and projected imports of 76,000 tons in 2024, prompting the company to accelerate domestic substitution [2]

证券代码：688210 证券简称：统联精密 公告编号：2025-034 深圳市泛海统联精密制造股份有限公司 第二届董事会第十八次会议决议公告 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、准确性和完整性依法承担法律责任。 一、董事会会议召开情况 深圳市泛海统联精密制造股份有限公司（以下简称"公司"）第二届董事会 第十八次会议（以下简称"本次会议"）于 2025 年 7 月 16 日以现场结合通讯方 式在公司会议室召开。本次会议通知于 2025 年 7 月 10 日以电子邮件方式发出。 本次会议由公司董事长杨虎先生主持，应出席董事 7 名，实际出席董事 7 名，其 中邓钊先生、胡鸿高先生、杨万丽女士、曹岷女士以通讯方式出席并表决。公司 监事、高级管理人员列席本次会议。本次会议的召集、召开程序符合有关法律、 行政法规、部门规章、规范性文件和《深圳市泛海统联精密制造股份有限公司章 程》（以下简称《公司章程》）的有关规定。 二、董事会会议审议情况 与会董事对本次会议需审议的议案进行了充分讨论，审议通过了以下议案： （一）审议通过《关于公司符合向不特定对象发行可转 ...

证券代码：688210 证券简称：统联精密 公告编号：2025-035 深圳市泛海统联精密制造股份有限公司 第二届监事会第十六次会议决议公告 本公司监事会及全体监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、准确性和完整性依法承担法律责任。 一、监事会会议召开情况 深圳市泛海统联精密制造股份有限公司（以下简称"公司"）第二届监事 会第十六次会议（以下简称"本次会议"）于 2025 年 7 月 16 日以现场方式在公 司会议室召开。本次会议通知于 2025 年 7 月 10 日以电子邮件方式发出，本次会 议由监事会主席陈宏亮先生主持，应出席监事 3 名，实际出席监事 3 名，全体监 事均以现场方式出席并表决。本次会议的召集和召开程序符合有关法律、行政 法规、部门规章、规范性文件和《深圳市泛海统联精密制造股份有限公司章程》 （以下简称《公司章程》）的有关规定。 本次发行证券的种类为可转换为公司 A 股股票的可转换公司债券。该可转 换公司债券及转换的公司 A 股股票将在上海证券交易所科创板上市。 二、监事会会议审议情况 经与会监事投票表决，本次会议审议并通过了以下议案： （一）审 ...

Core Viewpoint - The company is issuing convertible bonds to raise funds for projects focused on technological innovation, particularly in the field of lightweight materials for new intelligent terminal components, and to supplement working capital and repay bank loans [1][17]. Group 1: Company's Main Business - The company specializes in the research, design, production, and sales of high-precision, high-density, and complex-shaped precision components, with a focus on new materials and advanced manufacturing technologies [1][2]. - The company's products are primarily customized and widely used in sectors such as automotive, consumer electronics, and medical tools, with a significant revenue contribution from the new consumer electronics sector [2][10]. Group 2: Fundraising and Investment Plan - The total amount to be raised from the convertible bond issuance is not to exceed 595 million yuan, with the funds allocated to projects including the new intelligent terminal component manufacturing center [2][3]. - The investment in the new intelligent terminal component project is aimed at enhancing production capacity to meet the growing demand for lightweight and high-performance components in the consumer electronics market [3][4]. Group 3: Market Trends and Opportunities - The rapid evolution of AI technology is driving a new wave of hardware innovation in consumer electronics, leading to increased demand for lightweight and high-precision structural components [4][19]. - The global consumer electronics market is projected to grow significantly, with a compound annual growth rate (CAGR) of 63% expected from 2023 to 2028, providing a favorable environment for the company's growth [9][19]. Group 4: Technological Advancements - The company is focusing on advanced manufacturing techniques such as 3D printing and semi-solid die casting to enhance the production of lightweight materials like titanium alloys and magnesium-aluminum alloys [5][19]. - The implementation of the new manufacturing center is expected to improve the company's technological capabilities and strengthen customer relationships by providing customized and flexible production solutions [6][20]. Group 5: Policy and Industry Environment - National policies are increasingly supportive of high-quality development in the smart manufacturing and consumer electronics sectors, creating a favorable external environment for the company's projects [14][15]. - The company's projects align with national strategic directions, particularly in the development and application of new materials, which are critical for the future of the consumer electronics industry [18][19].

Core Viewpoint - The company plans to issue convertible bonds to unspecified investors, aiming to analyze the impact on immediate returns and propose measures to mitigate any dilution effects on shareholders [1][2][3] Financial Impact Analysis - The issuance is expected to affect key financial metrics, with scenarios analyzed based on net profit remaining flat, increasing by 10%, or decreasing by 10% compared to the previous year [2][3] - The total share capital will increase from 160,241,309 shares to 184,963,692 shares post-issuance [3] Scenarios of Net Profit Impact - Scenario 1: If net profit remains flat, diluted earnings per share (EPS) will decrease from 0.47 to 0.40 [4] - Scenario 2: If net profit increases by 10%, diluted EPS will rise to 0.49 [4] - Scenario 3: If net profit decreases by 10%, diluted EPS will drop to 0.33 [4] Necessity and Feasibility of the Issuance - The issuance is deemed necessary and feasible as it supports the company's long-term development and enhances its competitive position in the industry [6] - The funds will be used for projects that align with the company's core business, including the development of new lightweight materials and advanced manufacturing technologies [6][10] Market and Technical Preparedness - The company has established strong relationships with major clients in the consumer electronics sector, ensuring a solid market foundation for the new projects [9][10] - The company has a robust technical reserve, with over 60 patents, and is well-prepared to implement the new projects effectively [7][8] Measures to Mitigate Dilution Effects - The company plans to enhance its governance structure and internal controls to ensure effective use of the raised funds [11] - A commitment to accelerate project implementation and improve the efficiency of fund usage is outlined [12] - The company will also strengthen its profit distribution policy to enhance shareholder returns [13] Commitments from Key Stakeholders - The controlling shareholders and management have made commitments to uphold the measures to mitigate dilution and protect shareholder interests [13][14]