Group 1 - The company reported a total operating revenue of 292 million yuan for the first half of 2025, representing a year-on-year increase of 27.66% [1] - The net profit attributable to shareholders of the parent company was -2.77 million yuan, compared to a net profit of 3.98 million yuan in the same period last year [1] - The basic earnings per share were -0.02 yuan [1]

2025年半年度募集资金存放与实际使用情况 的专项报告 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。 证券代码：688655 证券简称：迅捷兴 公告编号：2025-058 深圳市迅捷兴科技股份有限公司 按照中国证监会《上市公司募集资金监管规则》、上海证券交易所颁布的《上 海证券交易所科创板上市公司自律监管指引第 1 号——规范运作》及相关格式指 引的要求，现将公司 2025 年半年度募集资金存放与实际使用情况报告如下： 一、募集资金基本情况 （一）实际募集资金金额、资金到账时间 根据中国证券监督管理委员会《关于同意深圳市迅捷兴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﹝2021﹞961 号）同意注册，公司 2021 年 4 月于上海证券交易所向社会公众公开发行人民币普通股(A 股)3339 万股， 发行价为 7.59 元/股，募集资金总额为人民币 25,343.01 万元，扣除各项发行费 用人民币 5,337.49 万元，实际募集资金净额为人民币 20,005.52 万元。 该次募集资金到账时间为 2021 ...

证券代码：688655 证券简称：迅捷兴 公告编号：2025-059 深圳市迅捷兴科技股份有限公司 关于召开 2025 年半年度业绩说明会的公告 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： https://roadshow.sseinfo.com/） 会议召开方式：上证路演中心网络互动 投资者可于 2025 年 09 月 02 日 （星期二） 至 09 月 08 日 （星期一） 16:00 前登录上证路演中心网站首页点击"提问预征集"栏目或通过公司邮箱 zqb@jxpcb.com 进行提问。公司将在说明会上对投资者普遍关注的问题进行回答。 深圳市迅捷兴科技股份有限公司（以下简称"公司"）已于 2025 年 8 月 28 日发布公司 2025 年半年度报告，为便于广大投资者更全面深入地了解公司 2025 年半年度经营成果、财务状况，公司计划于 2025 年 09 月 09 日 （星期二） 14:00-15:00 举行 2025 年半年度业绩说明会，就投资者关心的问题进行交流。 一、 说明会类型 本次投资者 ...

Financial Performance - The company reported a revenue of 1.2 billion CNY for the first half of 2025, representing a year-over-year increase of 15%[14] - The company has set a revenue guidance of 2.5 billion CNY for the full year 2025, indicating a growth target of 10%[14] - The company's revenue for the first half of the year reached ¥292,338,543.67, representing a 27.66% increase compared to ¥228,989,610.21 in the same period last year[20] - The total profit for the period was a loss of ¥3,569,128.34, a decline of 217.04% from a profit of ¥3,049,611.61 in the previous year[20] - The net profit attributable to shareholders was a loss of ¥2,766,138.37, down 169.48% from a profit of ¥3,981,416.19 in the same period last year[20] - The net cash flow from operating activities decreased by 166.86% to -¥26,347,341.35, compared to ¥39,408,171.87 in the previous year[20] - The gross margin for the first half of 2025 was reported at 35%, a slight increase from 32% in the same period last year[14] User Growth and Market Expansion - User data showed an increase in active users by 20% compared to the previous year, reaching 500,000 active users[14] - Market expansion plans include entering the Southeast Asian market by Q3 2025, targeting a revenue contribution of 200 million CNY from this region[14] - The company has completed the acquisition of a local competitor, which is expected to enhance production capacity by 30%[14] Research and Development - The company is investing 100 million CNY in R&D for new technologies, focusing on flexible PCB solutions[14] - Research and development expenses accounted for 5.68% of revenue, down from 7.68% in the previous year[21] - The company has developed a high-speed board processing capability with a production capacity of 25Gbps for mass production and 56Gbps for small batch production, with ongoing research for 112Gbps products[88] - The company has established several engineering technology research centers to enhance R&D capabilities and drive innovation[89] Product Development and Technology - New product launches included a high-density interconnect (HDI) PCB, which is expected to capture a 25% market share in the next year[14] - The company specializes in the research, production, and sales of printed circuit boards (PCBs), offering a one-stop service from prototype production to mass production, catering to various stages of the product lifecycle[31] - The company provides a diverse range of PCB products, including HDI boards, high-frequency boards, and flexible boards, among others, to meet customer needs[34] - The company has launched nine new projects, including the development of HDI circuit boards for 5G communication applications, to meet market demands[66] Financial Commitments and Shareholder Relations - The board has approved a share buyback program of up to 50 million CNY to enhance shareholder value[14] - The company has not proposed any profit distribution or capital reserve transfer plan for the half-year period, with no dividends or stock bonuses declared[129] - The company has committed to strictly adhere to its dividend policy to ensure shareholder returns[169] Risks and Challenges - The company has identified potential risks related to supply chain disruptions, which may impact production timelines[14] - The company faces risks related to product R&D and technological innovation, particularly in the high-end IC packaging substrate and semiconductor testing board sectors[101] - The company is exposed to risks from raw material price fluctuations, which significantly impact production costs[104] - The company faces risks from currency fluctuations and intense market competition in the PCB industry, which could adversely affect performance[112][113] Environmental and Compliance - The company has established a comprehensive environmental management system to mitigate risks associated with environmental regulations and potential penalties[105] - The company has maintained a strong commitment to environmental responsibility, as evidenced by its participation in environmental information disclosure initiatives[132] Employee and Management Commitments - The company has implemented a stock incentive plan, granting 295.68 million shares at a price of 7.59 yuan per share to 129 eligible participants[130] - The company emphasizes the importance of R&D, with a focus on enhancing its technical innovation capabilities and improving the R&D team structure[128] - The company has stated that it will not provide loans or financial assistance to incentive plan participants for acquiring restricted stock[174] Acquisitions and Strategic Moves - The company signed an agreement to acquire 100% of Jiazhihong on March 26, 2025, to enhance asset quality and profitability, with a focus on expanding flexible circuit board production capacity[69] - The acquisition of Jiazhihong is expected to significantly improve the company's overall competitiveness and profitability, aligning with long-term strategic planning[70]

Group 1 - The core viewpoint of the news is that Xunji Technology experienced a decline in stock price and significant changes in financing activities on August 26, with a net financing outflow of 346.09 million yuan [1] - On August 26, Xunji Technology's stock fell by 2.63%, with a trading volume of 98.93 million yuan, and the total financing and securities balance reached 156 million yuan [1] - The company has a high financing balance, accounting for 4.71% of its market capitalization, which is above the 90th percentile level over the past year [1] Group 2 - As of March 31, the number of shareholders of Xunji Technology increased by 25.48% to 6,462, while the average circulating shares per person decreased by 20.30% to 20,642 shares [2] - For the first quarter of 2025, Xunji Technology reported a revenue of 124 million yuan, representing a year-on-year growth of 21.42%, but the net profit attributable to the parent company was -4.85 million yuan, a decrease of 285.47% year-on-year [2] - Since its A-share listing, Xunji Technology has distributed a total of 30.01 million yuan in dividends, with 20.01 million yuan distributed over the past three years [2]

Core Insights - The overall activity level of the A-share merger and acquisition market in China has slightly decreased, characterized by high frequency, diverse participants, and broad sectors [1] - A total of 80 merger and acquisition events were disclosed during the period, with a total transaction amount of 601.88 billion RMB, showing a significant increase in both the number and value of major M&A events compared to the previous period [2] - The real estate management and development, other metals and mining, semiconductor products, electronic equipment, instruments and components, electrical equipment, and automotive parts sectors are particularly active in M&A activities [2][3] - Private enterprises and local state-owned enterprises are actively engaging in horizontal integration and strategic cooperation, indicating diverse motivations for mergers and acquisitions [1][2] - The M&A market is expected to further release integration and value reconstruction potential, supported by regulatory policy optimization, economic recovery, policy encouragement, and capital market reforms [1] M&A Market Overview - The number of major M&A events in the A-share market increased by 60% compared to the previous period, with a total disclosed transaction amount of 601.88 billion RMB, representing a 187.97% increase [2] - Key sectors for M&A activities include real estate management and development, other metals and mining, semiconductor products, electronic equipment, instruments and components, electrical equipment, and automotive parts [2] - The market is entering a new phase characterized by "efficiency improvement + structural optimization," driven by policy and proactive corporate adjustments [2] Listed Companies' M&A Plans - A total of 44 listed companies announced or planned M&A activities, with an average stock price fluctuation of 7.53% over two weeks [2] - 22 companies made significant progress after announcing M&A plans, with an average stock price fluctuation of 3.76% [2] - The number of major restructuring events increased by 60% compared to the previous period, with research enthusiasm rising by 11.54% [2] Companies with Significant Progress - Companies such as Yunnan Cheng Investment and AnYuan Coal Industry have made notable advancements in their M&A plans, with various strategic objectives including asset adjustments and diversification [10][11] - The progress of these companies reflects a broader trend of active restructuring and strategic realignment within the A-share market [10][11] Market Sentiment and Performance - The restructuring index showed a fluctuation of 5.10% over the two-week period, indicating a positive sentiment in the M&A market [12] - The average price-to-earnings (PE) ratios and market values of companies involved in M&A activities vary significantly, reflecting diverse market conditions and investor sentiments [7][8]

格隆汇8月21日丨迅捷兴(688655.SH)公布，确定公司2025年限制性股票激励计划的预留授予日为2025年 8月21日，以7.59元/股的授予价格向符合授予条件的4名激励对象授予预留部分限制性股票13.36万股。 ...

格隆汇8月21日丨迅捷兴(688655.SH)公布，确定公司2025年限制性股票激励计划的预留授予日为2025年 8月21日，以7.59元/股的授予价格向符合授予条件的4名激励对象授予预留部分限制性股票13.36万股。 ...

Core Viewpoint - The legal opinion issued by Guangdong Xinda Law Firm confirms that Shenzhen Xunjiexing Technology Co., Ltd.'s 2025 Restricted Stock Incentive Plan has obtained the necessary approvals and complies with relevant laws and regulations [1][13]. Group 1: Approval and Authorization - On January 6, 2025, the company's board meeting could not form a resolution due to the absence of sufficient non-related directors, leading to the decision to submit the relevant proposals directly to the shareholders' meeting [4][6]. - The company's supervisory board approved the relevant proposals on January 6, 2025, and the independent director initiated a solicitation for proxy voting rights from shareholders [6][7]. - The shareholders' meeting on January 22, 2025, approved the proposals related to the 2025 Restricted Stock Incentive Plan [7][8]. Group 2: Specifics of the Grant - The grant date for the reserved stock was determined as August 21, 2025, with a grant price of 7.59 yuan per share for 133,600 shares to four eligible recipients [9][10]. - The conditions for granting the reserved stock include compliance with various regulatory requirements, ensuring that the recipients do not fall under any disqualifying categories [10][11]. Group 3: Information Disclosure - The company is required to timely announce relevant documents related to the reserved grant and fulfill ongoing information disclosure obligations as per regulatory requirements [13]. Group 4: Conclusion - The legal opinion concludes that the reserved grant has obtained necessary authorization and complies with the relevant regulations and the 2025 Incentive Plan draft [13].

深圳市迅捷兴科技股份有限公司 （截至授予日） 一、预留部分限制性股票激励计划分配情况表 获授的限制 占本次激励 占预留授予 类别 性股票数量 计划授予总 时公司总股 （万股） 量的比例 本的比例 董事会认为需要激励的其他人员（4 人） 13.36 3.93% 0.10% 预留授予限制性股票数量合计 13.36 3.93% 0.10% 注：：1、上述任何一名激励对象通过全部在有效期内的股权激励计划获授的本公司股票均未超过公 司 股本总额的 1.00%。公司全部在有效期内的股权激励计划所涉及的标的股票总数累计不超过本次激励 计划 提交股东大会时公司股本总额的 20.00%。 股东或实际控制人及其配偶、父母、子女，亦不包括以及外籍员工。 深圳市迅捷兴科技股份有限公司董事会 ...