Core Viewpoint - Shenzhen Huaqiang announced that its controlling shareholder, Huaqiang Group, plans to deposit 87 million shares of the company into a guarantee and trust account to secure the exchange of shares and bond principal and interest payments for holders of the exchangeable corporate bonds, which will not exceed 1.3 billion yuan [2] Group 1 - The controlling shareholder, Huaqiang Group, will deposit 87 million shares into a trust account [2] - The purpose of the deposit is to provide collateral for the exchangeable corporate bonds [2] - The total amount for the exchangeable bonds is capped at 1.3 billion yuan [2]

关于控股股东面向专业投资者非公开发行可交换公司债券 拟办理部分股份担保及信托登记的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 深圳华强实业股份有限公司（以下简称"公司"）近日收到控股股东深圳华 强集团有限公司（以下简称"华强集团"）的通知，华强集团拟以其所持有的部 分公司股票为标的非公开发行可交换公司债券，发行规模不超过人民币 13 亿元 （含 13 亿元），并已收到深圳证券交易所（以下简称"深交所"）出具的《关 于深圳华强集团有限公司非公开发行可交换公司债券符合深交所挂牌条件的无 异议函》（深证函[2025]1198 号，以下简称"《无异议函》"）。根据《无异议函》， 深交所对华强集团申请确认面向专业投资者非公开发行面值不超过 13 亿元人民 币的可交换公司债券符合深交所挂牌条件无异议，《无异议函》有效期为自出具 之日起 12 个月。 为本次可交换公司债券发行需要，华强集团与债券受托管理人金圆统一证券 有限公司（以下简称"金圆统一证券"）在中国证券登记结算有限责任公司深圳 分公司开立了可交换公司债券担保及信托专用证券账户，专户名称为"华强集团 -金 ...

证券代码：000062 证券简称：深圳华强 公告编号：2025—070 深圳华强实业股份有限公司 关于控股股东 2025 年面向专业投资者非公开发行可交换公司债券 （第一期）进入换股期的提示性公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 二、对公司的影响 截至本公告日，华强集团持有公司 727,888,840 股股份（其中包括通过"华 强集团-金圆统一证券-23 华强 E2 担保及信托财产专户"持有的 61,136,369 股 股份、通过"华强集团-金圆统一证券-25 华强 E1 担保及信托财产专户"持有的 46,000,000 股股份和通过"华强集团-金圆统一证券-25 华强 E2 担保及信托财产 1 专户"持有的 112,000,000 股股份），占公司总股本的 69.59%。 进入换股期后，假设债券持有人持有的本期债券全部按当前换股价格用于交 换公司股份，则换股数量占公司总股本的比例约为 2.23%，换股后华强集团仍将 持有公司 67.36%的股份，华强集团仍为公司的控股股东，且公司实际控制人不 会发生变化。 以上换股数量为公司根据本期债券发行规 ...

本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 特别提示：本次担保后，深圳华强实业股份有限公司（以下简称"公司"或 "上市公司"）及控股子公司累计的对外担保余额为人民币 751,858.60 万元， 占公司最近一期经审计归母净资产的 108.06%。敬请投资者充分关注担保风险。 一、担保情况概述 1、担保人：深圳华强实业股份有限公司 2、被担保人：公司全资子公司湘海电子（香港）有限公司（以下简称"香 港湘海"）、公司控股子公司淇诺（香港）有限公司（以下简称"香港淇诺"） 深圳华强实业股份有限公司 证券代码：000062 证券简称：深圳华强 编号：2025—071 关于为控股子公司提供担保的公告 本次担保（含原担保的解除，下同）前公司和/或控股子公司对控股子公司 向银行申请联名授信的担保余额为人民币 196,635.00 万元，可用担保额度为人 民币 273,600.00 万元；本次担保后公司和/或控股子公司对控股子公司向银行申 请联名授信的担保余额为人民币 196,273.20 万元，可用担保额度为人民币 252,361.80 万元。 本次担保属于公司前述预计 ...

Group 1 - The company Shenzhen Huaqiang announced a guarantee agreement with China Construction Bank (Asia) for a total amount not exceeding 30 million USD, equivalent to approximately 212 million RMB [1] - The guarantee period is from the effective date of the guarantee document until January 31, 2027 [1] - The previous guarantee of 30 million USD will be released on December 24, 2024, and any outstanding loans or credits under that guarantee will be included in the new guarantee [1] Group 2 - Before this guarantee, the company's actual external guarantee balance was approximately 7.522 billion RMB, accounting for 108.11% of the latest audited net assets attributable to the parent company [2] - After this guarantee, the actual external guarantee balance will be approximately 7.519 billion RMB, accounting for 108.06% of the latest audited net assets attributable to the parent company [2] - The total available guarantee amount for the company and its subsidiaries is approximately 7.169 billion RMB, accounting for 103.04% of the latest audited net assets attributable to the parent company [2]

Core Viewpoint - Shenzhen Huaqiang is focusing on the storage sector as a key area for continuous development and growth, highlighting its role as an important distributor for various storage manufacturers [1] Group 1: Company Overview - The company is a significant distributor for storage manufacturers including Jiangbolong, Zhaoyi Innovation, Lianyun Technology, Jincun Technology, Huimeng Technology, Weigang Technology, and Qianyi International [1] - In the first three quarters, the company's total shipment of storage products experienced a substantial year-on-year increase [1]

Group 1: Business Development and Strategy - In 2014, the company established a strategy to enter the electronic components authorized distribution industry, starting a series of acquisitions from 2015 to 2018 to integrate leading distributors [1] - The establishment of Huachuang Semiconductor Group in 2018 aimed to deepen the integration of authorized distribution business, creating a unified operational management platform [1] - The company has rapidly secured its position as a leading domestic electronic components distributor, covering a wide range of applications and serving thousands of major enterprises and SMEs [2] Group 2: Storage Business Performance - The company ranks among the top in the industry for the number of product lines it represents, including storage products, which are a key area of development [3] - There was a significant year-on-year increase in the total shipment of storage product lines in the first three quarters [3] Group 3: Partnerships and Collaborations - The company is a major authorized distributor for HiSilicon, with significant revenue growth from HiSilicon product lines in 2024 and the first three quarters of 2025 [4] - As a "Gold Component Partner" for Ascend, the company has developed multiple application solutions based on Ascend chips and aims to enhance Ascend's ecosystem [5]

Core Viewpoint - Shenzhen Huaqiang (000062.SZ) has reported a significant year-on-year increase in the total shipment of its storage product line for the first three quarters of this year, indicating strong growth in the storage sector [1] Company Summary - The company is a leading authorized distributor of electronic components in China and has been actively expanding its presence in the storage market [1] - Shenzhen Huaqiang has established itself as an important agent for several storage manufacturers, including Jiangbolong, Zhaoyi Innovation, Lianyun Technology, Jincun Technology, Huimeng Technology, Adata Technology, and Qianyi International [1] - The company plans to deepen its collaboration with storage manufacturers to seize market opportunities and promote the expansion of its storage business [1]

Group 1: Report Industry Investment Rating - No information provided Group 2: Core View of the Report - The report regularly sorts out the latest private exchangeable bond (private EB) project information available from public channels and tracks the basic elements of private exchangeable bond projects [1] Group 3: Summary According to the Directory Newly Added Projects from 20251124 - 20251128 - New Hope Group Co., Ltd.'s 2025 private offering of technological innovation exchangeable corporate bonds to professional investors was approved by the exchange, with an intended issuance scale of 4.5 billion yuan, the underlying stock being New Hope (000876.SZ), the lead underwriter being CICC, and the exchange update date being November 27, 2025 [1] - Jiangsu Shenghong Technology Co., Ltd.'s 2025 private offering of exchangeable corporate bonds to professional investors was approved by the exchange, with an intended issuance scale of 3 billion yuan (down from the previous plan), the underlying stock being Orient Shenghong (000301.SZ), the lead underwriter being Huatai United Securities, and the exchange update date being November 27, 2025 [1] - Shenzhen Huaqiang Group Co., Ltd.'s 2025 private offering of exchangeable corporate bonds (second time) to professional investors was approved by the exchange, with an intended issuance scale of 1.3 billion yuan (down from the previous plan), the underlying stock being Shenzhen Huaqiang (000062.SZ), the lead underwriter being Jinyuan United Securities, and the exchange update date being November 27, 2025 [1] - Hainan农垦 Investment Holdings Group Co., Ltd.'s 2025 private offering of exchangeable corporate bonds to professional investors was accepted by the exchange, with an intended issuance scale of 2.1 billion yuan, the underlying stock being Hainan Rubber (601118.SH), the lead underwriter being CITIC Securities, and the exchange update date being November 25, 2025 [1] Other Project Status (as of 2025 - 11 - 28) - Multiple projects such as those of Guangdong Shengyi Technology Co., Ltd., Hangzhou Iron & Steel Group Co., Ltd., etc., have been approved by the exchange, with different intended issuance scales, underlying stocks, lead underwriters, and update dates [3] - Projects of companies like Strait Innovation Internet Co., Ltd. and Sichuan Jiuzhou Investment Holdings Group Co., Ltd. are in the "Feedback Received" status [3]

Summary of Shenzhen Huaqiang Conference Call Company Overview - Shenzhen Huaqiang is benefiting from the sustained high growth of HiSilicon, its largest agency, which has achieved high double-digit growth for two consecutive years, significantly driving the company's performance, especially in a weak computing power demand environment [2][3][6] Key Points Industry and Market Dynamics - The company is actively expanding its diversified business lines, including mobile phones, medical, aesthetic medicine, and computing power, which, despite currently being small in scale, show significant growth potential and are expected to become important drivers of future performance [2][6] - In the first three quarters of 2025, Shenzhen Huaqiang's revenue grew by over 35% year-on-year, attributed to a stable income from a quality customer base and the company's long-term competitiveness [2][6] - The domestic semiconductor industry is rapidly developing, with the domestic product line accounting for nearly 60%, moving away from low-margin states to profitability [2][7] Financial Performance - The net profit for the third quarter of 2025 increased by nearly 40% year-on-year, driven by enhanced competitive strength, continuous high double-digit growth in HiSilicon's business, and rapid development in new agency lines [3][6] - The company has managed to maintain a relatively small decline in revenue and profit during industry downturns, with significant increases during recoveries [6] Product Pricing and Inventory - Prices for analog products, MCUs, and power devices have been declining since early 2022, with expectations that the rate of decline will further slow in 2024, indicating they are at a bottom range [9][11] - The memory market has not fully bottomed out, with price recovery contingent on clear demand resurgence. The fourth quarter of 2025 is expected to see price increases, continuing into the first quarter of 2026 [4][12] - As of the end of the third quarter, inventory was close to 2.1 billion, primarily consisting of customer orders, with a focus on reducing potential bad debts rather than product category structure [4][13] Strategic Partnerships and Future Outlook - Shenzhen Huaqiang is currently a partner of Ascend but has not yet become an agency due to Ascend's limited capacity and direct supply model. Future agency opportunities may arise as Ascend's ecosystem matures [5] - The company is strengthening collaborations with leading domestic companies, including Huawei and HiSilicon, while also expanding partnerships with other domestic chip manufacturers [5][6] - The company aims to maintain its leading position in the domestic electronic component distribution industry, with a revenue target beyond 30 billion, focusing on genuine profitability and risk reduction [18] M&A and Growth Strategy - Shenzhen Huaqiang is considering overseas acquisitions but prefers joint ventures or partnerships domestically. The company is also exploring new directions in the AI sector rather than simply acquiring competitors [17][18] Conclusion - Shenzhen Huaqiang is positioned for continued growth through strategic partnerships, diversification of its product lines, and a focus on maintaining competitive advantages in a rapidly evolving semiconductor market [2][6][18]