证券代码：688362 证券简称：甬矽电子 公告编号：2025-052 凡参与甬矽转债网上申购的投资者持有的申购配号尾数与上述号码相同的， 1 甬矽电子（宁波）股份有限公司 向不特定对象发行可转换公司债券 网上中签结果公告 保荐人（主承销商）：平安证券股份有限公司 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。 根据《甬矽电子（宁波）股份有限公司向不特定对象发行可转换公司债券 发行公告》，本次发行的发行人甬矽电子（宁波）股份有限公司及本次发行的 保荐人（主承销商）平安证券股份有限公司于 2025 年 6 月 27 日（T+1 日）主 持了甬矽电子（宁波）股份有限公司向不特定对象发行可转换公司债券（以下 简称"甬矽转债"）网上发行中签摇号仪式。摇号仪式按照公开、公平、公正 的原则在有关单位代表的监督下进行，摇号结果经上海市东方公证处公证。现 将中签结果公告如下： | 末尾位数 | 中签号码 | | --- | --- | | 末"5"位数 | 37179，62179，87179，12179 | | 末"6"位数 | 9451 ...

证券代码：688362 证券简称：甬矽电子 公告编号：2025-051 甬矽电子（宁波）股份有限公司 向不特定对象发行可转换公司债券 网上中签率及优先配售结果公告 保荐人（主承销商）：平安证券股份有限公司 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。 甬矽电子本次向不特定对象发行 116,500.00 万元可转换公司债券的原股东 优先配售和网上申购已于 2025 年 6 月 26 日（T 日）结束。现将本次甬矽转债发 行申购结果公告如下： 重要内容提示： | 类别 | 中签率/配售 | 有效申购数 | 实际配售 | 实际获配金 | | --- | --- | --- | --- | --- | | | 比例（%） | 量（手） | 数量（手） | 额（元） | | 原股东 | 100.00 | 827,515 | 827,515 | 827,515,000 | | 网上社会公众投资者 | 0.00421300 | 8,010,558,512 | 337,485 | 337,485,000 | | 合计 | | 8,011 ...

1. Report Industry Investment Rating - No industry investment rating is provided in the report. 2. Core Viewpoints of the Report - The target price of Yongxi Convertible Bonds on the first - day of listing is expected to be between 128 - 133 yuan, and it is recommended to actively subscribe. The expected first - day conversion premium rate is in the range of 23% - 28%. The expected first - day new bond lottery winning rate is around 0.0074% - 0.0103% [3][20][21]. 3. Summary According to the Directory 3.1 Yongxi Convertible Bonds New Issue Analysis and Investment Recommendations 3.1.1 Convertible Bond Basic Terms Analysis - The issuance methods of Yongxi Convertible Bonds are priority placement and online issuance, with a bond and issuer rating of A+. The issuance scale is 1.165 billion yuan, the initial conversion price is 28.39 yuan, and the conversion parity on June 25, 2025, is 103.77 yuan. The calculated pure bond value is 83.7 yuan. The game terms are normal. Overall, the bond issuance scale is relatively high, the liquidity is acceptable, the rating is weak, and the bond floor protection is acceptable. It is difficult for institutions to include it in their portfolios, but there is no objection to primary participation [2][16]. 3.1.2 New Bond Initial Listing Price Analysis - The company's main business is integrated circuit packaging and testing. The main products and services include five major categories with over 2,100 mass - produced varieties. The funds raised from this issuance are mainly used for the "Multi - dimensional Heterogeneous Advanced Packaging Technology R & D and Industrialization Project", which can optimize the company's capital structure and enhance its competitiveness [3][19]. - The target price of Yongxi Convertible Bonds on the first - day of listing is 128 - 133 yuan, and it is recommended to actively subscribe. The expected first - day conversion premium rate is in the range of 23% - 28% [3][20]. 3.1.3 Convertible Bond New Issue Lottery Winning Rate Analysis - The expected first - day new bond lottery winning rate is around 0.0074% - 0.0103%. Assuming the old shareholders' placement ratio is 30% - 50%, the scale available for the market is 583 million - 816 million yuan. Referring to recent similar bond issues, the online effective subscription number is assumed to be 7.92 million households [21]. 3.2 Underlying Stock Fundamental Analysis 3.2.1 Company's Main Business and Industry Upstream and Downstream Situations - The company's main business is integrated circuit packaging and testing, with five major product categories and over 2,100 mass - produced varieties [22]. - The main upstream industries are packaging and testing raw materials and equipment industries, and the company has established good long - term cooperative relationships with many suppliers. The main downstream industry is the IC design industry, and the market scale and development speed of the downstream industry directly affect the company's sales revenue [22][23]. 3.2.2 Company's Operating Conditions - The company's recent operating income has shown an overall upward trend. From 2022 to Q1 2025, the operating income was 2.177 billion yuan, 2.391 billion yuan, 3.609 billion yuan, and 945 million yuan respectively, with year - on - year growth rates of 5.96%, 9.82%, 50.96%, and 30.12% respectively [26]. - The company's comprehensive gross profit margin has shown a fluctuating trend. From 2022 to Q1 2025, the comprehensive gross profit margin was 21.91%, 13.9%, 17.33%, and 14.19% respectively, and the net profit margins were 6.3%, - 5.65%, 1.09%, and 0.96% respectively [27]. - The company's recent period expenses have shown an upward trend, and the R & D expenses have gradually increased. The accounts receivable have shown a slight fluctuation, and the accounts receivable turnover rate has shown a slight downward trend but is at a medium level compared with the industry [31][33][36]. - The company's recent attributable net profit has shown a fluctuating trend. In 2023, the company suffered a loss, and in 2024, it turned losses into profits [40]. 3.2.3 Company's Equity Structure and Major Controlling Subsidiaries - The company's equity structure is relatively concentrated. As of June 10, 2025, the top two major shareholders hold 25.69% of the shares in total, and the top ten major shareholders hold 52.92% of the shares in total. The company's direct controlling shareholder is Yongshunxin Electronics, and the actual controller is Wang Shunbo, who holds 31.70% of the total shares. The company has 2 wholly - owned subsidiaries, 1 controlling subsidiary, and 2 affiliated companies [42][44]. 3.2.4 Company's Business Characteristics and Advantages - The company has advantages in technological innovation, talent reserve, customer cooperation, and quality assurance. It focuses on the advanced packaging field, has a large number of patents, a complete R & D system, and good cooperation with well - known design companies, and has established a quality control system [47][48][49]. 3.2.5 Allocation of Funds Raised in This Issuance - The company plans to issue convertible bonds to raise a total of no more than 1.165 billion yuan. 900 million yuan is planned to be invested in the "Multi - dimensional Heterogeneous Advanced Packaging Technology R & D and Industrialization Project", with a total investment of 1.464 billion yuan. After the project is completed, it will form an annual production capacity of 90,000 pieces of multi - dimensional heterogeneous advanced packaging products, and the project has good economic benefits [50].

证券代码：688362 证券简称：甬矽电子 公告编号：2025-050 甬矽电子（宁波）股份有限公司 向不特定对象发行可转换公司债券发行提示性公告 保荐人（主承销商）：平安证券股份有限公司 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。 特别提示 甬矽电子（宁波）股份有限公司（以下简称"公司""发行人"或"甬矽 电子"）向不特定对象发行 116,500.00 万元可转换公司债券（以下简称"可转 债"或"甬矽转债"，代码"118057"）已获得中国证券监督管理委员会（以 下简称"中国证监会"）证监许可〔2025〕1042 号文同意注册。本次发行的保 荐人（主承销商）为平安证券股份有限公司（以下简称"平安证券"或"保荐 人（主承销商）"）。本次发行的《甬矽电子（宁波）股份有限公司向不特定 对象发行可转换公司债券发行公告》（以下简称"《发行公告》"）、《甬矽 电子（宁波）股份有限公司向不特定对象发行可转换公司债券募集说明书》 （以下简称"《募集说明书》"）和《甬矽电子（宁波）股份有限公司向不特 定对象发行可转换公司债券募集说明书 ...

Group 1 - A-share companies are disclosing their 2025 semi-annual performance forecasts, with significant performance differentiation among them [1] - Leading companies in various industries are attracting market attention due to strong performance forecasts, such as Luxshare Precision, which expects a net profit of approximately 6.475 billion to 6.745 billion yuan, a year-on-year increase of 20% to 25% [1] - Over 300 listed companies have announced plans for mid-term dividends for 2025, indicating a trend towards increased shareholder returns [1][3] Group 2 - Sanofi Biologics expects a net profit of 77.0275 million to 94.1448 million yuan for the first half of 2025, representing a year-on-year increase of 253.54% to 332.1% due to strong performance in the peptide raw material business [2] - Among the 16 companies that disclosed performance forecasts, there is a clear differentiation, with 5 companies showing slight increases, 4 maintaining profits, and 1 company forecasting a loss [2] - Yongxi Electronics anticipates revenue of 1.9 billion to 2.1 billion yuan for the first half of 2025, a year-on-year growth of 16.60% to 28.88%, driven by a recovery in the integrated circuit industry and enhanced customer competitiveness [3] Group 3 - The trend of mid-term dividends is increasing, with over 300 companies announcing plans for such dividends, reflecting a commitment to shareholder returns [3][4] - Zhangjiang Hi-Tech plans to increase mid-term cash dividends to enhance investor returns, contingent on positive earnings and cash flow [3] - Regular dividends are seen as a sign of improved corporate performance and are expected to attract long-term investors, contributing to market stability [4]

Core Viewpoint - Yongxi Electronics (Ningbo) Co., Ltd. is issuing convertible bonds with a total amount not exceeding 1.2 billion yuan, with a term of 6 years and an annual interest payment structure [3][4]. Company Overview - Yongxi Electronics was established on November 13, 2017, and was listed on the Shanghai Stock Exchange's Sci-Tech Innovation Board in November 2022 [8]. - The company primarily engages in integrated circuit packaging and testing, with a focus on advanced packaging technologies [8][12]. Financial Performance - The company reported total assets of 123.31 billion yuan and total liabilities of 83.33 billion yuan as of 2023 [6]. - The operating revenue for 2023 was 23.91 billion yuan, showing a growth trend in recent years [8][12]. - The net profit for 2023 was 1.37 billion yuan, indicating a recovery from previous losses [6][22]. Rating and Outlook - The credit rating assigned to Yongxi Electronics is A+ with a stable outlook, indicating a solid credit level expected to remain stable over the next 12 to 18 months [3][4]. - Factors that could lead to an upgrade include significant improvements in industry position and profitability, while factors for downgrade include adverse changes in supply chain stability and demand [4][5]. Industry Context - The global outsourced packaging market was valued at 85.7 billion USD in 2023, with advanced packaging accounting for 48.8% of the market [12]. - The semiconductor packaging industry is experiencing a shift towards advanced packaging technologies due to increasing demand for high-performance computing [12][11]. - The industry is characterized by high technical and financial requirements, with leading companies holding significant market shares [11][12]. Operational Strengths - The company has established long-term partnerships with major domestic chip manufacturers, enhancing customer loyalty [5][16]. - Yongxi Electronics has a diverse product range in advanced packaging, including QFN/DFN and system-in-package (SiP) technologies [13][15]. - The company has been increasing its R&D investment, with a focus on high-density packaging technologies and maintaining a competitive edge [20][21]. Challenges and Risks - The company faces challenges related to its relatively short establishment period and lower production capacity compared to industry leaders [5][17]. - The financial leverage is high due to ongoing capital expenditures, which may impact profitability if not managed effectively [21][22]. - The company’s ability to maintain profitability is under pressure from declining product prices and increased operational costs [22].

甬矽电子（宁波）股份有限公司 证券代码：688362 证券简称：甬矽电子 公告编号：2025-048 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 甬矽电子（宁波）股份有限公司（以下简称"公司"）第三届监事会第十三次会议 于 2025 年 6 月 23 日以现场结合通讯会议方式在公司会议室召开。本次会议通知于 2025 年 6 月 20 日以书面及电子邮件等方式发出。会议由公司监事会主席岑漩主持，本次会 议应出席监事 3 名，实际出席监事 3 名。本次会议的召集、召开方式符合有关法律、 法规和《甬矽电子（宁波）股份有限公司章程》（以下简称"《公司章程》"）的规 定，会议决议合法、有效。 二、监事会会议审议情况 本次会议经与会监事审议并以记名投票表决方式审议通过了相关的议案，形成决 议如下： （一）审议通过《关于进一步明确公司向不特定对象发行可转换公司债券方案的 议案》 公司已取得中国证券监督管理委员会出具的《关于同意甬矽电子（宁波）股份有 限公司向不特定对象发行可转换公司债券注册的批复》（证监许可 ...

甬矽电子（宁波）股份有限公司 Forehope Electronic （Ningbo）Co.,Ltd. （浙江省余姚市中意宁波生态园兴舜路 22 号） 向不特定对象发行可转换公司债券 募集说明书 保荐人（主承销商） （深圳市福田区福田街道益田路 5023 号平安金融中心 B 座第 22-25 层） 二〇二五年六月 股票简称：甬矽电子 股票代码：688362 甬矽电子（宁波）股份有限公司 募集说明书 发行人声明 公司及全体董事、监事、高级管理人员承诺募集说明书及其他信息披露资料 不存在任何虚假记载、误导性陈述或重大遗漏，并对其真实性、准确性及完整性 承担相应的法律责任。 公司负责人、主管会计工作负责人及会计机构负责人保证募集说明书中财务 会计资料真实、完整。 中国证监会、交易所对本次发行所作的任何决定或意见，均不表明其对申请 文件及所披露信息的真实性、准确性、完整性作出保证，也不表明其对发行人的 盈利能力、投资价值或者对投资者的收益作出实质性判断或保证。任何与之相反 的声明均属虚假不实陈述。 任何投资者一经通过认购、交易、受让、继承或者其他合法方式持有本次债 券，即视作同意《受托管理协议》《债券持有人会议规则》 ...

甬矽电子（宁波）股份有限公司 向不特定对象发行可转换公司债券网上路演公告 保荐人（主承销商）：平安证券股份有限公司 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。 证券代码：688362 证券简称：甬矽电子 公告编号：2025-047 甬矽电子（宁波）股份有限公司（以下简称"发行人"）向不特定对象发行 可转换公司债券（以下简称"本次发行"）的申请已获得中国证券监督管理委员 会证监许可〔2025〕1042 号文同意注册。 本次发行的可转换公司债券将向发行人在股权登记日收市后中国证券登记 结算有限责任公司上海分公司登记在册的原股东优先配售，原股东优先配售后余 额部分（含原股东放弃优先配售部分）采用网上通过上海证券交易所交易系统向 社会公众投资者发售的方式进行。本次发行的可转换公司债券募集说明书摘要和 发行公告已于 2025 年 6 月 24 日（T-2 日）公告，募集说明书全文及相关资料可 在上海证券交易所网站（http://www.sse.com.cn）查询。 为便于投资者了解发行人本次向不特定对象发行可转换公司债券的有关情 ...

证券代码：688362 证券简称：甬矽电子 公告编号：2025-046 甬矽电子（宁波）股份有限公司 向不特定对象发行可转换公司债券发行公告 保荐人（主承销商）：平安证券股份有限公司 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： | 可转债代码 | 118057 | | | 可转债简称 甬矽转债 | | --- | --- | --- | --- | --- | | 可转债扩位简称 | 甬矽转债 | | | | | 原股东配售代码 | 726362 | | | 原股东配售简称 甬矽配债 | | 转债申购代码 | 718362 | | | 转债申购简称 甬矽发债 | | 发行日期及时间 | 年 （2025 | 6 | 月 | 26 日）（9:30-11:30,13:00-15:00） | | 股权登记日 | 2025 年 | 6 月 | 25 | 日 原股东缴款日 2025 年 6 月 26 日 | | 摇号中签日 | 2025 年 | 6 月 | 27 | 日 发行价格 100.00 元 | | 发行总金 ...