Company Overview - Fenghua High-Tech Co., Ltd. is located in Zhaoqing City, Guangdong Province, and was established on March 23, 1994. The company was listed on November 29, 1996. Its main business involves the research, production, and sales of electronic components and materials [1][2]. - The company's revenue composition is 98.36% from electronic components and materials, with the remaining 1.64% from other businesses [1]. Financial Performance - For the first half of 2025, Fenghua High-Tech achieved operating revenue of 2.772 billion yuan, representing a year-on-year growth of 15.92%. However, the net profit attributable to shareholders decreased by 19.50% to 167 million yuan [2]. - As of August 31, the number of shareholders was 90,400, with an average of 12,797 circulating shares per person, showing no change from the previous period [2]. Stock Performance - On September 26, the stock price of Fenghua High-Tech fell by 2.04% to 15.37 yuan per share, with a trading volume of 213 million yuan and a turnover rate of 1.19%. The total market capitalization is 17.783 billion yuan [1]. - Year-to-date, the stock price has increased by 8.23%, with a decline of 2.97% over the last five trading days, a slight increase of 0.33% over the last 20 days, and a rise of 13.51% over the last 60 days [1]. Shareholder Information - Since its A-share listing, Fenghua High-Tech has distributed a total of 1.576 billion yuan in dividends, with 476 million yuan distributed over the past three years [3]. - As of June 30, 2025, the top ten circulating shareholders include the Southern CSI 500 ETF, which holds 11.9819 million shares, an increase of 84,900 shares from the previous period. Hong Kong Central Clearing Limited is a new shareholder, holding 9.7988 million shares [3].

Core Insights - The company, Windfar High-Tech, has been focusing on high-end research and development in recent years, targeting emerging market sectors such as servers, intelligent robots, and low-altitude economy [2] Group 1 - The company emphasizes continuous investment in high-end breakthroughs [2] - The company is closely monitoring new market opportunities in specific sectors [2]

Core Insights - The company Fenghua Gaoke has a diverse range of main products that are widely used in various downstream application fields including automotive, industrial control, new energy, communications, home appliances, medical, servers, and drones [2] Summary by Category - **Main Products and Applications** - The company's main products are utilized in automotive, industrial control, new energy, communications, home appliances, medical, servers, and drones [2]

Core Viewpoint - The company, Fenghua Gaoke, has confirmed that its electronic components are widely used in various downstream applications, including automotive, industrial control, new energy, communications, home appliances, medical, servers, and drones [1] Group 1 - The company's main products are applied in the automotive sector [1] - The electronic components are utilized in industrial control applications [1] - The products serve the new energy industry [1] Group 2 - The components are used in communications technology [1] - The company supplies electronic parts for home appliances [1] - The medical field is another area where the company's products are applied [1] Group 3 - The company's electronic components are integral to server technology [1] - The drone industry is also a significant application area for the company's products [1]

Company Overview - Fenghua High-Tech Co., Ltd. is located in Zhaoqing City, Guangdong Province, and was established on March 23, 1994. The company was listed on November 29, 1996. Its main business involves the research, production, and sales of electronic components and materials [1][2]. - The company's main business revenue composition is 98.36% from electronic components and materials, with other businesses contributing 1.64% [1]. Financial Performance - For the first half of 2025 (January to June), Fenghua High-Tech achieved operating revenue of 2.772 billion yuan, representing a year-on-year growth of 15.92%. However, the net profit attributable to shareholders decreased by 19.50% to 167 million yuan [2]. - As of August 29, the number of shareholders for Fenghua High-Tech was 90,400, a decrease of 3.14% from the previous period. The average circulating shares per person increased by 3.24% to 12,797 shares [2]. Stock Performance - On September 16, Fenghua High-Tech's stock price increased by 2.04%, reaching 15.47 yuan per share, with a trading volume of 317 million yuan and a turnover rate of 1.80%. The total market capitalization stood at 17.899 billion yuan [1]. - Year-to-date, the stock price has risen by 8.94%, with a 4.60% increase over the last five trading days, a 4.53% increase over the last 20 days, and a 16.39% increase over the last 60 days [1]. Shareholder Information - Since its A-share listing, Fenghua High-Tech has distributed a total of 1.576 billion yuan in dividends. In the last three years, the cumulative dividend payout was 476 million yuan [3]. - As of June 30, 2025, among the top ten circulating shareholders, the Southern CSI 500 ETF ranked as the seventh largest shareholder with 11.9819 million shares, an increase of 84,900 shares from the previous period. The Hong Kong Central Clearing Limited was the ninth largest shareholder, holding 9.7988 million shares as a new shareholder [3]. Market Position - Fenghua High-Tech is classified under the Shenwan industry as "Electronics - Components - Passive Components" and is associated with several concept sectors, including Guangdong State-owned Assets, MLCC concept, low-altitude economy, mid-cap, and industrial internet [1].

特此公告。 广东风华高新科技股份有限公司董事会 广东风华高新科技股份有限公司 关于参加 2025 年广东辖区上市公司投资者 集体接待日活动的公告 公司及董事会全体成员保证公告内容的真实、准确、完整，没有虚假记载、误导 性陈述或重大遗漏。 证券代码：000636 证券简称：风华高科 公告编号：2025-35 为进一步加强与投资者的互动交流，广东风华高新科技股份有限公司 （以下简称"公司"）将参加由广东证监局、广东上市公司协会联合举办 的"向新提质 价值领航——2025 年广东辖区投资者集体接待日暨辖区上 市公司中报业绩说明会"，现将相关事项公告如下： 本次活动将采用网络远程的方式举行，投资者可登录"全景路演"网 站（http://rs.p5w.net）参与本次互动交流，活动时间为 2025 年 9 月 19 日（周五）15:30-17:00。届时公司高管将在线就 2025 年半年度业绩、公 司治理、发展战略、经营状况和可持续发展等投资者关心的问题，与投资 者进行沟通与交流，欢迎广大投资者踊跃参与！ 2025 年 9 月 16 日 1 ...

Revenue Trends - The revenue of China's inductor industry is expected to show a steady growth trend from 2019 to 2024, with a significant increase in 2021, indicating relative industry prosperity in recent years. The growth rate of the industry increased year by year from 2019 to 2021, but stabilized starting in 2022 [1] Profitability Analysis - The sales gross margin of China's inductor industry exhibited a trend of first increasing and then decreasing from 2019 to 2024. The gross margin increased from 2019 to 2021 due to high product demand and strong bargaining power of industry enterprises. However, starting in 2022, the overall market returned to rationality, leading to a gradual decline in sales gross margin [2] Inventory Turnover - The inventory turnover rate in China's inductor industry showed fluctuations from 2019 to 2024. In 2019, the turnover rate was 5.13 times, affected by weak demand from major downstream terminals like mobile phones and automobiles. The rate peaked at 5.63 times in 2020 due to increased demand for inductors driven by the pandemic. However, it dropped sharply to 4.44 times in 2021 due to a temporary imbalance between supply and demand. From 2022 to 2024, the turnover rate gradually increased from 4.58 times to 4.93 times, reflecting steady recovery in demand driven by emerging fields such as 5G, new energy vehicles, and the Internet of Things [4] Accounts Receivable Turnover - The accounts receivable turnover rate in China's inductor industry showed a trend of first increasing and then decreasing, fluctuating between 3 and 4. Overall, the industry has a relatively low accounts receivable turnover rate, indicating longer collection periods. This is primarily due to the strong bargaining power of large electronic equipment manufacturers, which often require longer payment terms to optimize their cash flow [7] Debt Ratio - The asset-liability ratio of China's inductor industry showed an overall increasing trend from 2019 to 2024, rising from 35.2% to 44.2%. The ratio remains below 50%, indicating a moderate reliance on debt. The increasing trend reflects enterprises' efforts to expand scale by increasing debt ratios, aligning with the industry's transition towards miniaturization and high power density. Major manufacturers are investing heavily in high-end production capacity, such as new integrated inductor projects and overseas production bases, leading to a record high in debt levels [9]

国浩律师(广州)事务所 关于广东风华高新科技股份有限公司 2025年第一次临时股东大会的法律意见 广东风华高新科技股份有限公司： 根据中国证券监督管理委员会发布的《上市公司股东会规则》(以下简称《股东 会规则》)的要求，国浩律师(广州)事务所(以下简称"本所"）接受广东风华高新 科技股份有限公司(以下简称"风华高科"或"公司"）的委托，指派张吕、金双圆 律师(以下简称"本所律师"）出席风华高科2025年第一次临时股东大会(以下简称 "本次股东大会")，对本次股东大会的召集与召开程序、出席会议人员与召集人的 资格、表决程序与表决结果等重要事项出具法律意见。 本所及本所律师依据《中华人民共和国公司法》(以下简称《公司法》)、《律 师事务所从事证券法律业务管理办法》和《律师事务所证券法律业务执业规则(试 行)》等规定及本法律意见出具日以前已经发生或者存在的事实，严格履行了法 定职责，遵循了勤勉尽责和诚实信用原则，进行了充分的核查验证，保证本法律 意见所认定的事实真实、准确、完整，所发表的结论性意见合法、准确，不存在 虚假记载、误导性陈述或者重大遗漏，并承担相应法律责任。 一、本次股东大会的召集与召开 (一)本次股东 ...

证券代码：000636 证券简称：风华高科 公告编号：2025-34 广东风华高新科技股份有限公司 2025 年第一次临时股东大会决议公告 公司及董事会全体成员保证公告内容的真实、准确、完整，没有虚假记载、 误导性陈述或重大遗漏。 一、特别提示 （一）本次股东大会未出现新增、变更及否决议案情形。 （二）本次股东大会未涉及变更前次股东大会决议。 二、会议召开和出席情况 （一）会议召开基本情况 1.现场会议召开时间：2025 年 9 月 11 日（星期四）下午 14:30。 2.网络投票时间：通过深圳证券交易所交易系统进行网络投票的 具体时间为：2025 年 9 月 11 日 9:15—9:25、9:30—11:30、13:00— 15:00；通过互联网投票系统进行网络投票的具体时间为：2025 年 9 月 11 日 9:15—15:00 期间任意时间。 3.现场会议召开地点：肇庆市风华路 18 号风华电子工业城 1 号 楼会议室。 4.召开方式：采取现场投票与网络投票相结合的方式。 5.召集人：公司第十届董事会。 6.主持人：公司董事长李程先生。 7.本次大会内容及会议通知已于 2025 年 8 月 22 日刊 ...

Core Insights - Fenghua High-Tech reported that as of August 29, 2025, the total number of shareholders is 90,406 [2] Company Summary - The company is actively engaging with investors through interactive platforms [2] - The shareholder count indicates a growing interest in the company, reflecting potential investor confidence [2]