Core Viewpoint - The company is a leading provider of electromagnetic functional materials and structures (EMMS) in China, focusing on innovation and new product development to drive future growth despite current revenue challenges [1][3][7] Group 1: Business Overview - The company has developed a new generation of electromagnetic wave anechoic chambers with significant advantages in low-frequency performance, lifespan, and operational costs, along with excellent flame-retardant properties of absorbing materials [1] - In 2024, the company achieved operating revenue of 957 million yuan (down 2.45%) and a net profit of 517 million yuan (down 8.23%), with a stable revenue outlook due to the introduction of new products [1][2] - The company is in a development phase, focusing on mass production of stealth functional coatings and structures, while also exploring new product directions in stealth maintenance and electromagnetic wave anechoic chamber design [1][3] Group 2: Financial Performance - In 2024, the gross margins for stealth functional coating materials and structures were 75.40% (down 1.18 percentage points) and 81.14% (down 1.15 percentage points) respectively, with a decline in coating material revenue by 4.49% and a growth in structure revenue by 9.94% [2] - Revenue from electromagnetic compatibility materials dropped significantly by 48.94%, despite a 58% reduction in costs, impacting overall profitability [2] - The company's sales gross margin remained stable at 76.84% (down 0.07 percentage points) and net profit margin at 54.1% (down 3.4 percentage points) in 2024 [3] Group 3: R&D and Innovation - The company increased R&D investment to 87 million yuan (up 0.85%) in 2024, adding 13 new R&D personnel and obtaining multiple patents [3] - The company aims to maintain a competitive edge through continuous innovation and new product launches, despite the natural price decline of mature products [3] Group 4: Accounts Receivable and Incentives - As of 2024, the company's accounts receivable and notes receivable totaled 1.2 billion yuan, accounting for 32.04% of total assets, with 89.05% of accounts receivable aged within one year [4] - The company announced a stock incentive plan to grant 1.48375 million restricted shares to 62 employees, representing 0.371% of total shares, aimed at attracting and retaining talent [4] Group 5: Investment Projects - The company is advancing its fundraising projects, including a manufacturing base for electromagnetic functional materials with a total planned investment of 618 million yuan and a research center with an investment of 85 million yuan [5] - As of 2024, nearly 300 million yuan has been invested in the manufacturing base project, which is nearing completion [5] Group 6: Future Outlook - The company has transitioned from a "rapid growth" phase to a "comprehensive development" phase, with projected net profits of 622 million yuan, 823 million yuan, and 1.059 billion yuan for 2025-2027 [6][7] - Corresponding EPS for these years are expected to be 1.56, 2.06, and 2.65 yuan, with PE ratios of 43.91, 33.19, and 25.79 respectively [7]

Core Viewpoint - Chengdu Jiachi Electronic Technology Co., Ltd. (Jiachi Technology) is a leading provider of electromagnetic functional materials and structures (EMMS) in China, focusing on the dual development of military and civilian sectors, and has entered a comprehensive development phase with its upcoming A-share listing in 2024 [2][4]. Group 1: Strategic Development - Jiachi Technology has outlined three strategic development phases: "consolidating the foundation," "rapid growth," and "comprehensive development," with the company now in the "comprehensive development" phase [2]. - The recent approval of the 2025 restricted stock incentive plan at the shareholders' meeting is seen as a move to bind core talent and promote steady growth [2][6]. Group 2: Technological Innovation - The company emphasizes technology as its core, with over one-third of its workforce dedicated to R&D, achieving significant national awards for its innovations in the EMMS industry [3]. - Jiachi Technology's products have been applied in major military projects, including the fourth and fifth generation fighter jets, showcasing its capability to break foreign technology barriers and achieve technological self-sufficiency [3][4]. Group 3: Financial Performance - In 2024, Jiachi Technology achieved a revenue of 957 million yuan and a net profit of 517 million yuan, indicating strong financial performance [4]. - The company has established the largest stealth coating material production base in China, with ongoing projects aimed at enhancing its core capabilities in R&D, manufacturing, and testing [4]. Group 4: Growth Targets - The stock incentive plan includes performance targets for annual revenues of 1.1 billion yuan, 1.37 billion yuan, and 1.6 billion yuan from 2025 to 2027, reflecting the company's confidence in future growth [6]. - Jiachi Technology is focusing on new product directions, including the design and integration of electromagnetic wave dark rooms, which are crucial for both military and civilian applications [6][7]. Group 5: Market Outlook - The global electromagnetic compatibility materials market is projected to grow from approximately 6.8 billion USD in 2020 to 8.2 billion USD by 2025, indicating a robust market opportunity for Jiachi Technology [7]. - The company aims to be a leader in stealth materials technology and a disruptor in electromagnetic compatibility solutions, driving continuous innovation in the EMMS sector [7].

Core Viewpoint - Jiachi Technology is actively expanding its presence in the civilian market, focusing on the development of next-generation electromagnetic wave anechoic chambers and key absorbing materials, as well as the electromagnetic measurement and control sector [1][2][3] Group 1: Civilian Market Expansion - The company is heavily investing in the civilian sector, particularly in two areas: the next-generation electromagnetic wave anechoic chamber system integration and key absorbing materials, and the electromagnetic measurement and control field [2][3] - The new generation electromagnetic wave anechoic chamber has completed the development of key absorbing materials and system integration design capabilities, showcasing significant advantages in low-frequency performance, lifespan, and operational costs, with multiple projects won amounting to several million yuan [2][3] Group 2: Electromagnetic Measurement and Control - The company has established a subsidiary, Chengdu Haojing Electromagnetic Measurement and Control Technology Co., Ltd., to focus on the EMMS (Electromagnetic Functional Materials and Structures) field, addressing the significant demand for testing technology and capabilities in both military and civilian high-density integrated electronic information sectors [3][4] - The establishment of the electromagnetic measurement and control subsidiary is a strategic move to enhance business focus and capability integration, forming a core competitive advantage in the civilian market [3][4] Group 3: Production Capacity and R&D - The company has built the largest YS functional coating material production base in the country, with production capacity meeting current and future order demands, while the YS functional structural components' production capacity is in high demand [3][4] - The company is committed to increasing R&D investment and has formed a competitive talent team in the EMMS field, continuously attracting graduates from well-known universities and nurturing various levels of young talent [4]

证券代码：688708 证券简称：佳驰科技 公告编号：2025-036 成都佳驰电子科技股份有限公司 关于公司董事离任的公告 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、准确性和完整性承担法律责任。 重要内容提示： 成都佳驰电子科技股份有限公司（简称"公司"）董事会于近日收到非独立 董事张东先生递交的书面辞职报告。因个人原因，张东先生申请辞去公司董事职 务，辞职后，张东先生不再担任公司及子公司任何职务。 一、董事离任情况 张东先生的辞职不会导致公司董事会人数低于法定人数，不会影响公司董事 会和公司经营正常运行，不会对公司日常管理、生产经营产生不利影响，根据《中 华人民共和国公司法》等相关法律法规及《公司章程》的规定，张东先生的辞职 报告自送达公司董事会之日起生效。张东先生确认：其任职期间，与公司、董事 会及监事会无意见分歧，不存在任何与辞职有关的其它应提请公司董事会、监事 会、各位股东注意之事宜。 截至本公告披露日，张东先生通过重庆文琮迎曦企业管理中心（有限合伙） 1 | | | | | | 是否继续 | 是否存在 | | --- | --- | -- ...

Group 1 - The company has established a new subsidiary focused on the electromagnetic measurement and control sector, which aligns with its strategic development plan and business needs [1][2] - The new subsidiary, Chengdu Haojing Electromagnetic Measurement and Control Technology Co., Ltd., has completed its registration and obtained a business license, with a registered capital of 10 million RMB [2] - The subsidiary will focus on testing technology research and development, integrated design of testing equipment, and testing services, targeting both military and civilian markets [1][2] Group 2 - The establishment of the subsidiary is part of the company's "military-civilian dual-use" strategy, aimed at enhancing core competitiveness in the civilian market [1] - The subsidiary's business scope includes technology services, electronic measurement instrument manufacturing, industrial automation control systems, and various software development services [2][3]

近日，成都皓晶电磁测控技术有限公司设立的工商登记手续已完成，并取得 了成都市郫都区政务服务管理和行政审批局颁发的《营业执照》，具体登记信息 如下： 名称：成都皓晶电磁测控技术有限公司 证券代码：688708 证券简称：佳驰科技 公告编号：2025-035 成都佳驰电子科技股份有限公司 关于控股子公司完成设立登记并取得营业执照的 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。 一、设立控股子公司概述 根据成都佳驰电子科技股份有限公司（以下简称"公司"）战略发展规划和 业务发展需要，设立"电磁测控"领域控股子公司。"电磁测控"领域控股子公 司将围绕EMMS（电磁功能材料与结构）领域，面向军用高端武器装备、民用高密 度集成电子信息领域对"电磁"方面的测试技术、测试能力的重大需求，聚焦开 展以"电磁"为核心的测试技术研发、测试设备及能力条件的总体集成设计、测 试服务等主要业务，加快推动公司战略目标的实现。本次设立"电磁测控"领域 控股子公司，是落实"军民两翼"战略布局的重要举措，有助于业务聚焦、能力 整合，形成广泛面向民用市 ...

Group 1 - Company Xi Zhong Technology proposed to repurchase shares worth between 75 million and 150 million yuan using excess funds and self-owned funds [1] - Company Yongxi Electronics expects a revenue growth of 16.6% to 28.88% in the first half of the year, with projected revenue between 1.9 billion and 2.1 billion yuan [2] - Company Jingyi Equipment anticipates a revenue increase of 36.54% to 42.48%, with expected revenue between 690 million and 720 million yuan [2][3] Group 2 - Company Haipuri received approval from the European Medicines Agency (EMA) for a new production line for Enoxaparin Sodium injection, with an annual capacity of 330 million doses [4] - Company Inner Mongolia Xinhua plans to merge its wholly-owned subsidiaries to optimize resource allocation and improve operational efficiency [5] - Company Cloud Chemical intends to sign daily related transaction framework agreements with its controlling shareholder to reduce operational costs [7] Group 3 - Company China Software received approval from the China Securities Regulatory Commission for a specific stock issuance [8] - Company Wankong Intelligent's subsidiary won a bid for a project with the State Grid worth approximately 12.17 million yuan [9] - Company Lianlong obtained a patent for an anti-aging agent, which is expected to enhance its product offerings in polymer materials [11] Group 4 - Company Yunlu plans to increase its shares by 4 million to 12 million yuan through stock purchases by its executives [12] - Company Enhua Pharmaceutical's chairman increased his stake by 237,900 shares [14] - Company Daqin Railway announced the resignation of its general manager due to retirement [15] Group 5 - Company Hefei Urban Construction signed a land use rights transfer contract for an industrial site with an area of 78,561.78 square meters, with a payment of 103 million yuan due by July 13, 2025 [16] - Company Taiji Group received a government subsidy of 20 million yuan, representing 75.04% of its projected net profit for 2024 [17] - Company Guodian Nanrui elected a new chairman, Zheng Zongqiang, while he resigned from his previous roles [19] Group 6 - Company Xinhua Medical received a medical device registration certificate for a thromboelastography testing kit [20] - Company Baotailong's subsidiary obtained a mining license for a graphite mine with a production capacity of 2 million tons per year [21] - Company Zejing Pharmaceutical received approval for clinical trials of its innovative cancer treatment drugs [22] Group 7 - Company Aojing Medical's artificial bone repair material received registration approval in Vietnam [23] - Company Chengjian Development received a cash dividend of 90.2169 million yuan from Guoxin Securities [24] - Company Rili Technology proposed a share repurchase plan worth between 10 million and 20 million yuan [25] Group 8 - Company Deshi General Institute received approval to issue up to 1 billion yuan in technology innovation bonds [44] - Company Tongding Interconnect plans to bid for two procurement projects worth approximately 717 million yuan [46] - Company Bangji Technology plans to acquire multiple agricultural companies [46]

中信证券股份有限公司 关于成都佳驰电子科技股份有限公司 与关联方共同投资设立控股子公司暨关联交易的核查意见 中信证券股份有限公司（以下简称"中信证券"或"保荐人"）作为成都佳 驰电子科技股份有限公司（以下简称"佳驰科技"或"公司"）首次公开发行股 票并在科创板上市的保荐人。根据《证券发行上市保荐业务管理办法》《上海证 券交易所科创板股票上市规则》等法律法规，对佳驰科技与关联方共同投资设立 控股子公司暨关联交易事项进行了核查，具体核查情况如下： 一、对外投资暨关联交易概述 为进一步完善公司业务布局，促进军民两翼协同发展，公司自主研发、设计、 建设了新一代电波暗室——紧缩场 RCS 暗室及低频同轴反射率测量系统等系统， 成功取得 CNAS 实验室认定，具备对外提供测试服务能力。根据公司战略规划， 公司拟通过设立控股子公司，围绕 EMMS（电磁功能材料与结构）领域，面向军 用高端武器装备、民用高密度集成电子信息领域对"电磁"方面的测试技术、测 试能力的重大需求，聚焦开展以"电磁"为核心的测试技术研发、测试设备及能 力条件的总体集成设计、测试服务等主要业务，加快推动公司战略目标的实现。 公司拟与佳融至合共同投资 1, ...

成都佳驰电子科技股份有限公司 关于与关联方共同投资设立控股子公司暨关联交易 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： 关联交易简要内容及金额：成都佳驰电子科技股份有限公司（以下简称 "公司"或"佳驰科技"）拟与成都佳融至合企业管理中心（有限合伙）（以下简 称"佳融至合"）共同投资设立成都电磁测控技术有限公司(暂定名，以市场监督 管理部门核准名称为准，以下简称"投资标的"或"电磁测控子公司")。电磁 测控子公司注册资本为 1,000 万元人民币，其中佳驰科技拟以自有资金认购 800 万元人民币，占其注册资本的 80%，佳融至合拟以自有资金认购 200 万元人民币， 占其注册资本的 20%。 关联交易投资标的情况：根据公司战略规划，电磁测控子公司将围绕 EMMS（电磁功能材料与结构）领域，面向军用高端武器装备、民用高密度集成电 子信息领域对"电磁"方面的测试技术、测试能力的重大需求，聚焦开展以"电 磁"为核心的测试技术研发、测试设备及能力条件的总体集成设计、测试服务等 主要业务。 佳融至合由公司董 ...

成都佳驰电子科技股份有限公司 第二届监事会第十一次会议决议公告 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 证券代码：688708 证券简称：佳驰科技 公告编号：2025-033 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）审议通过《关于与关联方共同投资设立控股子公司暨关联交易的议 案》 经审议，监事会认为:本次与关联方共同投资设立成都电磁测控技术有限公 司(暂定名，以市场监督管理部门核准名称为准)（以下简称"电磁测控子公司"）， 是基于公司战略发展及业务需求的重要举措。通过此次设立电磁测控子公司，将 进一步完善公司整体产业布局，拓展电磁测控业务市场，提升综合竞争实力，为 具体内容详见公司披露于上海证券交易所网站（www.sse.com.cn）的《成都 佳驰电子科技股份有限公司关于与关联方共同投资设立控股子公司暨关联交易 的公告》（公告编号：2025-034）。 特此公告。 成都佳驰电子科技股份有限公司监事会 成都佳驰电子科技股份有限公司（以下简称"公司"） ...