Core Viewpoint - The military industry sector is experiencing significant growth, with multiple stocks reaching their daily limit up, driven by upcoming events and positive performance forecasts [1]. Group 1: Market Performance - On June 25, the military sector saw strong performance, with stocks such as Zhongbing Hongjian, Hangfa Technology, and Beifang Navigation hitting their daily limit up [1]. - The upcoming grand military parade on September 3 is expected to further boost market sentiment [1]. Group 2: Profit Forecasts - According to data from Dongfang Caifu Choice, the net profit of AVIC Chengfei is projected to increase by 2971.29% by 2025 [1]. - Other companies like Huafeng Technology, Beimo Gaoke, and Ligong Navigation are also expected to see their net profits increase by over ten times by 2025 [1]. Group 3: Strategic Opportunities - Guangfa Securities emphasizes the importance of the first quarter financial report disclosures as a critical allocation window, highlighting a strategic opportunity period characterized by both domestic and foreign demand [1]. - CITIC Securities notes that global military spending is expected to rise for the tenth consecutive year in 2024, particularly in Europe and the Middle East, which may benefit Chinese military exports [1].

Market Performance - The Sci-Tech Innovation Board (STAR Market) index fell by 0.57%, closing at 989.97 points, with a total trading volume of 3.251 billion shares and a turnover of 114.114 billion yuan, resulting in a weighted average turnover rate of 1.84% [1] - Among the tradable stocks on the STAR Market, 149 stocks closed higher, with 5 stocks rising over 10%, including Xinan Century and Huachuang Technology, which hit the daily limit [1] - A total of 429 stocks closed lower, with 1 stock declining over 10% [1] Turnover Rate Analysis - The distribution of turnover rates shows that 2 stocks had turnover rates exceeding 20%, 19 stocks had rates between 10% and 20%, and 62 stocks had rates between 5% and 10% [1] - The highest turnover rate was for Huasheng Lithium Battery at 23.52%, closing up by 6.09%, with a transaction amount of 512 million yuan [1] - Other notable stocks with high turnover rates include Xinyu Ren at 22.71% (closing down 0.63%) and Shengke Nano at 19.29% [1] Sector Performance - Among stocks with turnover rates exceeding 5%, 46 stocks rose, with the highest increases from Xinan Century (20.02%), Huachuang Technology (19.99%), and Nanmo Biology (10.53%) [2] - The sectors with the most stocks exceeding a 5% turnover rate were electronics (20 stocks), followed by computer and defense industries with 17 and 11 stocks, respectively [2] Capital Flow - In terms of capital flow, 44 stocks with high turnover rates saw net inflows from main funds, with significant inflows into Xinan Century (78.4476 million yuan), Huachuang Technology (62.4199 million yuan), and Haooubo (62.1777 million yuan) [2] - Conversely, stocks with the largest net outflows included Guokai Military Industry (134 million yuan), Liyuanheng (127 million yuan), and Yingshi Innovation (124 million yuan) [2] Leverage Fund Movements - A total of 46 stocks with high turnover rates received net purchases from leveraged funds, with notable increases in financing balances for Juxin Technology (128 million yuan), Yingshi Innovation (84.5376 million yuan), and Huafeng Technology (70.1917 million yuan) [2] - Stocks with the largest decreases in financing balances included Zhongwu Drone (69.032 million yuan), Lais Information (49.6791 million yuan), and Changyang Technology (43.9972 million yuan) [2]

Summary of Key Points Core Viewpoint - The company has completed certain fundraising investment projects and plans to permanently supplement its working capital with the remaining funds, while also postponing some investment projects [1][9]. Fundraising Overview - The company raised a total of RMB 640.32 million through its initial public offering, with a net amount of RMB 571.48 million after deducting underwriting fees and other expenses [1]. - The funds have been deposited into a dedicated account, and a tripartite supervision agreement has been signed with the underwriter and the bank [1]. Fund Usage and Project Completion - The company has approved the use of excess funds amounting to RMB 67.70 million for the construction of a new high-speed module production line, with a total project investment of RMB 147.20 million [2]. - As of May 31, 2025, the cumulative investment in the fundraising projects is as follows: total investment of RMB 650.98 million, with RMB 571.48 million planned from fundraising, and an 80.63% completion rate [2]. Project Completion and Surplus Funds - The projects "Mianyang Industrial Base Expansion" and "High-Speed Module Production Line" have reached a usable state, allowing for their completion [4]. - The surplus funds from these projects, amounting to RMB 37.99 million, will be transferred to the company's general bank account to permanently supplement working capital [5]. Project Delay - The "R&D Innovation Center Upgrade" project has been postponed to April 30, 2026, to ensure alignment with the company's long-term strategic goals [6][8]. - The delay is based on a careful assessment of the project's progress and funding usage, ensuring that the investment content and total amount remain unchanged [7][8]. Approval Process - The board of directors and the supervisory board have approved the completion of certain fundraising projects and the use of surplus funds, confirming that these actions align with regulatory requirements and do not harm shareholder interests [8][9].

Core Viewpoint - The strategic placement of limited shares for Sichuan Huafeng Technology Co., Ltd. is set to be released for trading after a 24-month lock-up period, with a total of 3,457,446 shares, representing 0.75% of the company's total equity [1][2][3]. Group 1: Share Issuance Details - The company issued a total of 69,148,924 shares during its initial public offering (IPO), with a total share capital of 460,992,831 shares post-IPO [1]. - The limited shares being released are part of the strategic placement and will become tradable on June 27, 2025 [2][3]. Group 2: Shareholder Commitments - The sole shareholder of the limited shares, Shenwan Hongyuan Innovation Securities Investment Co., Ltd., has committed to a 24-month holding period from the date of the IPO [2][3]. - There have been no changes in the company's share capital due to profit distribution or other factors since the formation of the strategic placement shares [2]. Group 3: Compliance and Verification - The underwriting institution has confirmed that the shareholder has adhered to the commitments regarding the lock-up period, and all relevant regulations have been followed [5]. - The information disclosure related to the limited shares' release is deemed to be true, accurate, and complete by the underwriting institution [5].

Core Points - The company, Sichuan Huafeng Technology Co., Ltd., is set to list 3,457,446 shares of its strategic placement stock on June 27, 2025, after a 24-month lock-up period [1][2][3] - The total number of shares after the initial public offering (IPO) is 46,099.2831 million, with 40,624.2730 million shares under lock-up and 5,475.0101 million shares freely tradable [1][2] - The strategic placement shares are held by a single shareholder, Shenwan Hongyuan Innovation Securities Investment Co., Ltd., which represents 0.75% of the company's total share capital [1][4] Listing Details - The shares being listed are part of the company's initial public offering and are subject to a 24-month lock-up period [1][3] - The company has not experienced any changes in share capital due to profit distribution or capital reserve transfers since the formation of the strategic placement shares [2] - The shareholder has committed to holding the shares for the entire lock-up period, and there are no other special commitments regarding the shares [2][3] Regulatory Compliance - The underwriter has confirmed that the shareholder has adhered to the share lock-up commitments, and the listing of the strategic placement shares complies with relevant laws and regulations [2][3] - The company has ensured that the information disclosed regarding the listing of the restricted shares is true, accurate, and complete [2][3]

Core Points - The company has completed the investment projects "Mianyang Industrial Base Expansion Project" and "High-speed Line Module Production Line Project," and has decided to conclude these projects and permanently supplement the remaining funds into working capital [1][5][10] - The company plans to adjust the timeline for the "R&D Innovation Center Upgrade Project" due to its implementation progress [1][9][10] Fundraising Overview - The company raised a total of RMB 640.32 million through its initial public offering, with a net amount of RMB 571.48 million after deducting issuance costs [1][2] - The company has established a dedicated account for the raised funds and signed a tripartite supervision agreement with the sponsor and the bank [1][2] Fund Usage Status - As of May 31, 2025, the cumulative investment in the projects has reached 80.63% of the planned investment [4] - The remaining funds from the concluded projects will be used to enhance the company's liquidity and operational efficiency [6][8] Reasons for Fund Surplus - The surplus in project funds is attributed to careful management and cost control during the construction phase, ensuring quality while minimizing expenses [5][6] - The company has also generated interest income from temporarily idle funds, further contributing to the surplus [5][6] Impact of Fund Allocation - The decision to conclude the projects and allocate surplus funds to working capital aligns with the company's long-term development strategy and is expected to improve resource allocation and operational efficiency [8][11] - The company will maintain the dedicated fund account until all pending payments are settled [5][8] Project Delay Details - The timeline for the "R&D Innovation Center Upgrade Project" has been postponed to April 30, 2026, to ensure alignment with the company's strategic goals [9][10] - The delay is not expected to adversely affect the project's implementation or the company's overall operations [9][11]

Group 1 - The company held its 9th meeting of the 2nd Supervisory Board on June 19, 2025, via electronic communication, with all three supervisors present [1][2] - The Supervisory Board approved the proposal regarding the completion of certain fundraising investment projects and the permanent allocation of surplus funds to working capital, which is deemed beneficial for improving the efficiency of fund usage [1][2] - The decision to postpone some fundraising investment projects was made based on the actual implementation status, aligning with the company's operational needs and not harming the interests of shareholders, especially minority shareholders [1][2] Group 2 - The voting results showed unanimous support with 3 votes in favor, 0 against, and 0 abstentions [2]

证券代码：688629 证券简称：华丰科技 公告编号：2025-022 四川华丰科技股份有限公司 关于部分募集资金投资项目结项并将节余募集资金永久补 充流动资金及部分募集资金投资项目延期的公告 1 资金净额为 57,148.34 万元。上述募集资金已全部到位，并由大华会计师事务所 （特殊普通合伙）于 2023 年 6 月 20 日对本次发行的资金到账情况进行了审验， 出具了"大华验字[2023]000326 号"《验资报告》。募集资金到账后，公司已对 募集资金进行了专户存储，公司与保荐机构及募集资金专户监管银行签订了《募 集资金专户存储三方监管协议》。 公司于 2024 年 3 月 28 日召开的第一届董事会第三十五次会议和第一届监事 会第十九次会议以及 2024 年 4 月 15 日召开 2024 年第一次临时股东大会，审议 通过了《关于使用超募资金投资建设新项目的议案》，同意公司使用超募资金 67,698,580.64 元及其衍生利息收益投资建设高速线模组生产线项目。项目总投资 金额为人民币 147,200,000.00 元，剩余资金以自有资金补足。保荐机构对上述事 项出具了无异议的核查意见。2024 年 ...

证券代码：688629 证券简称：华丰科技 公告编号：2025-023 四川华丰科技股份有限公司 第二届监事会第九次会议决议公告 （一） 审议通过了《关于部分募集资金投资项目结项并将节余募集资金永 久补充流动资金及部分募集资金投资项目延期的议案》 公司监事会认为：公司本次对部分募投项目结项并将节余募集资金永久补充 流动资金，有利于提高募集资金使用效率，符合公司和全体股东的利益，不存在 损害公司及股东特别是中小股东利益的情形；公司本次部分募投项目延期是公司 根据项目实施的实际情况做出的，符合公司经营需要，不存在变相改变募集资金 投向的行为，不存在损害公司和全体股东利益的情形。该事项的决策与审批程序 符合中国证监会、上海证券交易所关于上市公司募集资金管理的有关规定。监事 会同意公司本次关于部分募集资金投资项目结项并将节余募集资金永久补充流 动资金及部分募集资金投资项目延期的事宜。 具体内容详见公司同日披露于上海证券交易所网站（www.sse.com.cn）的《关 于部分募集资金投资项目结项并将节余募集资金永久补充流动资金及部分募集 资金投资项目延期的公告》。 表决情况：赞成票：3 票，反对票：0 票，弃权票：0 ...

四川华丰科技股份有限公司 证券代码：688629 证券简称：华丰科技 公告编号：2025-021 关于首次公开发行部分战略配售限售股上市流通的公告 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： 本次股票上市类型为首发战略配售股份（限售期 24 月）；股票认购方式 为网下，上市股数为3,457,446股。本公司确认，上市流通数量等于该限售期的全 部战略配售股份数量。 本次股票上市流通总数为3,457,446股。 本次股票上市流通日期为2025 年 6 月 27 日。 一、本次上市流通的限售股类型 二、本次上市流通的限售股形成后至今公司股本数量变化情况 根据中国证券监督管理委员会于 2023 年 4 月 23 日出具的《关于同意四川华 丰科技股份有限公司首次公开发行股票注册的批复》（证监许可[2023]893 号），四 川华丰科技股份有限公司（以下简称"公司"或"华丰科技"）首次公开发行人民 币普通股（A 股）6,914.8924 万股，并于 2023 年 6 月 27 日在上海证券交易所科创 板上市。公司首 ...