Core Viewpoint - The stock of Shenzhen Panhai Tonglian Precision Manufacturing Co., Ltd. has experienced an abnormal trading fluctuation, with a cumulative closing price increase exceeding 30% over three consecutive trading days, prompting a notice to investors about potential risks [1][2]. Group 1: Stock Trading Abnormalities - The company's stock trading has shown abnormal fluctuations, specifically on July 22 and July 23, 2025, as per the regulations of the Shanghai Stock Exchange [2]. - The company has confirmed that there are no undisclosed significant matters affecting its stock price, including mergers, debt restructuring, or asset injections [2][3]. Group 2: Company Operations and Market Conditions - The company has stated that its operational conditions remain normal, with no significant changes in production costs or sales [2]. - There are no major adjustments in the market environment or industry policies that would impact the company's operations [2]. Group 3: Industry Developments - Recent news in the humanoid robot industry suggests that micro-components may utilize MIM parts; however, the company has not generated any revenue related to humanoid robots and has not received any confirmed orders [1][2].

证券代码：688210 证券简称：统联精密 公告编号：2025-047 深圳市泛海统联精密制造股份有限公司 股票交易异常波动公告 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。敬请投资者谨慎决策，理性对待市场热点概念，注意投资风险。 公司股价短期波动幅度较大，敬请广大投资者注意投资风险，理性决策， 审慎投资。 一、股票交易异常波动的具体情况 公司股票交易连续三个交易日内（2025 年 7 月 22 日、2025 年 7 月 23 日、 2025 年 7 月 24 日）收盘价格涨幅偏离值累计超过 30%，根据《上海证券交易所 科创板股票上市规则》《上海证券交易所交易规则》《上海证券交易所科创板股 票异常交易实时监控细则》的有关规定，属于股票交易异常波动的情形。 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： 深圳市泛海统联精密制造股份有限公司（以下简称"公司"）股票交易连 续三个交易日内日收盘价格涨幅 ...

Core Viewpoint - The company has experienced significant stock price volatility, with a cumulative increase of over 30% in closing prices over three consecutive trading days, indicating unusual trading activity [1] Company Summary - The company has announced that it has not generated any revenue related to humanoid robots and has not received any clear order demand as of now [1] Industry Summary - Recent news in the humanoid robot industry suggests that micro components for humanoid robots may utilize MIM (Metal Injection Molding) parts [1]

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]

Core Viewpoint - The company has adjusted the maximum repurchase price for its shares from RMB 30.30 to RMB 30.15 following the implementation of the 2024 annual equity distribution [1][2]. Summary by Sections Share Repurchase Basic Information - The company plans to repurchase its A-shares using its own funds and special loan funds, with a total repurchase amount between RMB 50 million and RMB 100 million, and the repurchase period is set for 12 months from the board's approval date [1]. Reason for Adjusting the Repurchase Price Cap - The adjustment in the repurchase price cap is due to the company's decision to distribute cash dividends, which necessitates a recalibration of the repurchase price according to regulatory guidelines [2][3]. Details of the Price Adjustment - The adjusted maximum repurchase price is calculated as follows: (previous maximum price - cash dividend per share) ÷ (1 + change in circulating shares ratio). The cash dividend per share is approximately RMB 0.1467 based on the total share capital [3]. Other Matters - Aside from the price adjustment, all other aspects of the share repurchase plan remain unchanged, and the company will adhere to relevant regulations during the repurchase process [4].

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 ...