Core Viewpoint - The legal opinion letter from Shanghai Jintiancheng Law Firm confirms that Henan Shijia Photon Technology Co., Ltd.'s differentiated dividend distribution complies with relevant laws and regulations, ensuring no harm to the interests of the company and its shareholders [1][9]. Summary by Sections Differentiated Dividend Reason - The company will not distribute profits for shares held in the repurchase special account, leading to a differentiated dividend distribution for the 2024 fiscal year [4][5]. Differentiated Dividend Plan - The company plans to distribute a cash dividend of 0.60 yuan (including tax) for every 10 shares to all shareholders, based on the total share capital minus the shares in the repurchase account [6]. Calculation Basis for Differentiated Dividend - The total cash dividend to be distributed amounts to approximately 27,119,179.68 yuan (including tax), calculated based on the adjusted total share capital [6]. - The reference price for ex-dividend trading is calculated as 28.64 yuan per share, with a minimal impact on the stock price [8][9]. Conclusion Opinion - The legal opinion concludes that the differentiated dividend distribution is in accordance with the Company Law, Securities Law, and other relevant regulations, with no adverse effects on the company or shareholders [9].

Core Viewpoint - The company, Henan Shijia Photon Technology Co., Ltd., has announced a differentiated cash dividend distribution plan for the fiscal year 2024, which was approved at the annual shareholders' meeting on May 12, 2025 [1][2]. Dividend Distribution Plan - The company will distribute a cash dividend of 0.06 yuan per share (including tax) to shareholders, with a total of 27,119,179.68 yuan (including tax) to be distributed based on the adjusted total shares after excluding shares held in the repurchase account [2][3]. - The total share capital of the company is 458,802,328 shares, with 6,816,000 shares in the repurchase account, resulting in 451,986,328 shares eligible for the dividend distribution [2][3]. Relevant Dates - The key dates for the dividend distribution are as follows: - Record date for dividend entitlement - Ex-dividend date - Cash dividend payment date [3][4]. Implementation of Dividend Distribution - The cash dividends will be distributed through the China Securities Depository and Clearing Corporation Limited, Shanghai Branch, to shareholders registered by the record date [4]. - Shares held in the company's repurchase account will not participate in this profit distribution [4]. Taxation on Dividends - Individual shareholders holding shares for more than one year will be exempt from personal income tax on the dividend income, while those holding for one year or less will have tax withheld upon transfer of shares [5][6]. - The actual cash dividend received by shareholders may vary based on their holding period, with specific tax rates applied [5][6]. Contact Information - For inquiries regarding the dividend distribution, shareholders can contact the company's board office at 0392-2298668 [6].

上海市锦天城律师事务所 关于河南仕佳光子科技股份有限公司 差异化分红事项的 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 层 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 一、本所及本所经办律师依据《公司法》《证券法》及中国证监会的相关规定及本 法律意见书出具日以前已经发生或者存在的事实，严格履行了法定职责，遵循了勤勉尽 责和诚实信用原则，对公司本次差异化分红事项进行了充分的核查验证，保证本法律意 见书所认定的事实真实、准确、完整，所发表的结论性意见合法、准确，不存在虚假记 载、误导性陈述或者重大遗漏，并承担相应法律责任。 二、本所及本所经办律师仅就与公司本次差异化分红事项有关法律问题发表意见， 而不对会计、财务等非法律专业事项发表意见。在本法律意见书中对有关财务数据或结 论的引述，并不意味着本所对这些数据和结论的真实性及准确性做出任何明示或默示的 保证。 三、本法律意见书中，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。 上海市锦天城律师事 ...

证券代码：688313 证券简称：仕佳光子 公告编号：2025-028 河南仕佳光子科技股份有限公司 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。 本次利润分配方案经河南仕佳光子科技股份有限公司（以下简称"公司"）2025 年 5 月 12 日的2024年年度股东大会审议通过。 二、 分配方案 1. 发放年度：2024年年度 2. 分派对象： 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。 根据《中华人民共和国公司法》《中华人民共和国证券法》《上海证券交易所 上市公司自律监管指引第 7 号——回购股份》等相关法律法规、规范性文件及《公 是否涉及差异化分红送转：是 每股分配比例 每股现金红利0.06元（含税） 相关日期 重要内容提示： | 股权登记日 | 除权（息）日 | 现金红利发放日 | | --- | --- | --- | | 2025/6/17 | 2025/6/18 | 2025/6/1 ...

- The report introduces a quantitative model called "250-day new high distance" to track market trends and identify investment hotspots. The model is based on the concept that stocks nearing their 52-week high tend to outperform those far from their 52-week high, as supported by research from [George@2004] and other notable investors like William O'Neil and Mark Minervini. The formula for calculating the 250-day new high distance is: $ 250 \text{ day new high distance} = 1 - \frac{\text{Close}_{t}}{\text{ts\_max(Close, 250)}} $ where $\text{Close}_{t}$ represents the latest closing price, and $\text{ts\_max(Close, 250)}$ is the maximum closing price over the past 250 trading days. If the latest closing price reaches a new high, the distance is 0; otherwise, it is a positive value indicating the percentage drop from the high. [11] - The report evaluates the "250-day new high distance" model as an effective tool for identifying market trends and leading stocks, emphasizing its ability to highlight momentum and trend-following strategies. [11][18] - The report also introduces a composite factor for selecting "stable new high stocks" from the pool of stocks that have reached a 250-day new high in the past 20 trading days. The selection criteria include: 1. Analyst attention: At least 5 buy or overweight ratings in the past 3 months 2. Relative stock strength: Top 20% of market-wide 250-day returns 3. Price stability: Evaluated using two metrics: - Price path smoothness: Stock price displacement ratio - Innovation high persistence: Time-series average of the 250-day new high distance over the past 120 days 4. Trend continuation: Time-series average of the 250-day new high distance over the past 5 days, selecting the top 50 stocks based on ranking. [23][26] Model Testing Results - The "250-day new high distance" model shows the following results for major indices as of June 6, 2025: - Shanghai Composite Index: 2.99% - Shenzhen Component Index: 11.41% - CSI 300 Index: 8.98% - CSI 500 Index: 8.98% - CSI 1000 Index: 6.94% - CSI 2000 Index: 4.25% - ChiNext Index: 20.03% - STAR 50 Index: 12.00% [2][12][31] - The "stable new high stocks" factor identified 38 stocks from the pool of 777 stocks that reached a 250-day new high in the past 20 trading days. These stocks were distributed across sectors as follows: - Manufacturing: 11 stocks - Consumer: 8 stocks - Other sectors include finance, technology, and healthcare [3][27][32]

Summary of the Conference Call for Shijia Photonics Company Overview - **Company**: Shijia Photonics - **Industry**: Optical Communication Key Points and Arguments Production and Capacity Expansion - The Thai factory of Shijia Photonics is expanding production in an orderly manner, with capacity gradually being released in Q2. Domestic expansion is also ongoing to meet increasing market demand [2][4] - The company has strategically stocked materials to mitigate supply shortages, including fiber optics and connectors, ensuring optimistic growth in overall performance for Q1 and Q2 [3] Demand and Market Trends - Significant growth in demand for optical modules is expected next year, particularly for FR2 and FR4 products, with a stable and optimistic supply situation for AWG components [2][8] - The data center construction is driving an increase in high-margin multi-core optical cable orders, with good performance in Q1 and growth in both gross profit and revenue [2][14] Financial Performance - The company reported a loss in Q1 but expects to narrow losses or achieve breakeven in Q2, contingent on successfully transitioning to three-inch indium phosphide substrates and price increases for 2.5G DFB products [2][11] - The traditional 2.5G DFB market is expected to remain flat compared to last year due to capacity constraints, with a gradual shift to three-inch wafers anticipated to improve capacity over time [10] Strategic Developments - The company has made breakthroughs with strategic large customers, particularly overseas component suppliers, with increasing demand for MPO products [2][5] - Continuous recruitment and training of personnel are being conducted to support MPO business development, with production lines operating in shifts to maximize output [2][27] Future Outlook - Over the next three years, the market demand for 800G optical modules is projected to grow significantly, with AWG product penetration expected to increase [2][26] - The company is optimistic about the future, particularly in the CW business, with incentive programs in place to enhance yield and gross margins [9] Challenges and Risks - The company faces challenges in the traditional access network business, where profitability remains difficult if it continues to focus on 2.5G products. A shift towards 10G or 25G products is seen as a more favorable direction [11] - The impact of tariffs on various business segments is minimal, as the company has the ability to switch production origins to benefit from exemption policies [6][7] Additional Insights - The AWG component's gross margin is expected to improve as production scales up, with lower equipment amortization costs contributing to higher profitability [18] - The company is cautious about expanding production capacity blindly and will evaluate the situation based on order demand [22][25] Conclusion - Shijia Photonics is positioned for growth in the optical communication sector, with strategic expansions, a focus on high-demand products, and a commitment to improving financial performance through operational efficiencies and market adaptations [2][28]

Market Overview - A-shares experienced a rally in the afternoon, with the ChiNext Index and the STAR Market Index both rising over 1% [1] - The Shanghai Composite Index closed up 0.23% at 3384.1 points, while the Shenzhen Component Index rose 0.58% to 10203.5 points [1] - The total trading volume in the Shanghai and Shenzhen markets reached 13.172 billion yuan, an increase of nearly 1.4 billion yuan compared to the previous day [1] Sector Performance - The food and beverage sector saw a pullback, with Yanjinpuzi dropping over 8% [1] - Pharmaceutical stocks also weakened, with Jinkai Biotechnology down nearly 10% and Sinovac Biotech falling over 8% [1] - The CPO concept stocks surged, with Shengyi Electronics and Haide Control hitting the daily limit [3][4] - The computing power concept stocks were strong, with Huijin Co. and Qingyun Technology also reaching the daily limit [1][3] - The virtual power plant concept gained traction, with Hengshi Technology and Ankao Zhidian both hitting the daily limit [7][8] - The sports concept remained active, with Jinling Sports achieving a three-day limit increase and Gongchuang Lawn hitting the limit for four consecutive days [9][10] CPO Concept - The CPO concept saw significant gains, with Shengyi Electronics closing at a 20% limit increase [3][4] - Other notable performers included Shijia Photon and Haide Control, both reaching their daily limits [3][4] Virtual Power Plant Concept - The virtual power plant concept also experienced a strong performance, with Hengshi Technology closing at a 20% limit increase [7][8] - Other companies in this sector, such as Ankao Zhidian and Jinzhi Technology, also saw substantial gains [7][8] Sports Sector - The sports sector showed continued strength, with Jinling Sports achieving a 20% limit increase and a cumulative increase of approximately 94% over four days [9][10] - The Jiangsu Province City Football League attracted significant attendance, boosting local tourism and consumption [11] Policy Developments - The National Energy Administration has initiated pilot projects focusing on new power system construction, including virtual power plants and intelligent microgrids [8][9] - The National Development and Reform Commission and the Energy Administration have introduced policies to promote green electricity connections, enhancing the traceability of renewable energy consumption [9]

Group 1 - The core viewpoint is that the semiconductor market is expected to grow significantly, reaching a size of $700.9 billion by 2025, with a year-on-year growth of 11.2% driven by demand in AI, cloud infrastructure, and advanced consumer electronics [1] - The electronic industry maintains a bullish rating, anticipating a comprehensive recovery in the semiconductor industry by 2025, with an accelerated optimization of the competitive landscape and a continuous rebound in profit cycles and corporate profits [1] - Key materials for semiconductors are becoming a focus for domestic innovation, enhancing the self-sufficiency of the industry chain, and the overall development outlook for the industry is optimistic, with companies likely to benefit from market recovery and industrial upgrades [1] Group 2 - The U.S. tariff policy is accelerating the fragmentation of global supply chains, significantly impacting the global manufacturing sector, particularly the semiconductor industry [2] - The China Semiconductor Association has revised the rules for origin recognition, which favors the domestic replacement of RF/analog chips and increases export costs for U.S. semiconductor companies, reinforcing domestic manufacturers' commitment to choosing local supply chains [2] - Breakthroughs in core technology platforms are enabling mass supply of automotive-grade products, allowing companies to capture incremental market space amid global industrial restructuring [2]

资金面上看，今日F5G概念板块获主力资金净流入8.40亿元，其中，22股获主力资金净流入，6股主力 资金净流入超5000万元，净流入资金居首的是中际旭创，今日主力资金净流入3.85亿元，净流入资金居 前的还有太辰光、华脉科技、仕佳光子等，主力资金分别净流入1.35亿元、1.18亿元、6732.82万元。 资金流入比率方面，华脉科技、意华股份、德科立等流入比率居前，主力资金净流入率分别为 43.87%、11.59%、7.94%。（数据宝） 截至6月4日收盘，F5G概念上涨2.35%，位居概念板块涨幅第10，板块内，33股上涨，华脉科技涨停， 太辰光、德科立、中际旭创等涨幅居前，分别上涨14.88%、11.56%、6.04%。跌幅居前的有四川九洲、 上港集团、梅安森等，分别下跌2.42%、1.20%、0.87%。 今日涨跌幅居前的概念板块 | 概念 | 今日涨跌幅（%） | 概念 | 今日涨跌幅（%） | | --- | --- | --- | --- | | 啤酒概念 | 3.85 | 兵装重组概念 | -0.34 | | 铜缆高速连接 | 2.90 | 草甘膦 | -0.26 | | 烟草 | 2.65 | ...

A股共封装光学板块持续走强，斯瑞新材大涨16%，太辰光涨超12%，德科立、仕佳光子、长光华芯、 新易盛、中京电子等跟涨。 ...